Čć! (-!+ēŊ
.2ĹŠ ~.2
Äž ĹŠ } Ä?
ŊćÄ?ĹŠ ĹŠ ĹŠ ĹŠÄ‰Ä‡ÄˆÄ‡
Ĺ‹ '*, ( Ĺ‹ *,)3 .)Ĺ‹ Ĺ‹, # & $
ĹŠ
Ä? -#. Äš ')-Ĺ‹+/ Ĺ‹& ŋŋ *,) / #š(Ĺ‹ !,v )& Ĺ‹- Ĺ‹ )(-# , Ĺ‹ (Ĺ‹ &Ĺ‹*,)3 Äš .)đĄ
ĹŠÄ› ;b C_d_ij[h_e Z[b 7c#
X_[dj[ kdW l[p gk[ YedeY_ÂŒ Z[b fheo[Yje fh[i[djWZe feh bW Ck# d_Y_fWb_ZWZ Z[ L_dY[i W jhWlƒi Z[b Z[fWhjWc[dje Z[ 7cX_[dj[ fheY[Z_ÂŒ W bW [djh[]W Z[ (&& jWY^ei fWhW [b h[Y_YbW`[ gk[ [\[Y# jkWh|d lWh_ei c_[cXhei Z[b XW# hh_e BWi edpWi$ ;ij[ fefkbeie XWhh_e [i [b fh_c[he gk[ fWhj_Y_fWh| [d [b fheo[Yje f_beje Z[dec_dWZe ĂˆH[Yeb[YY_ÂŒd o h[Y_YbW`[É fWhW i[b[YY_edWh bei Z[i[Y^ei iÂŒb_Zei Z[iZ[ iki ^e]Wh[i$ Æ;bbei j_[d[d YedeY_c_[dje Z[ be gk[ ied Z[i[Y^ei eh]|d_Yei [ _deh]|d_Yei" jWcX_ƒd Z[ YÂŒce i[ fk[Z[ kj_b_pWh [ij[ cWj[h_Wb fWhW ^WY[h WXedei eh]|d_Yei o Yebe# YWhbei [d ^k[hjei \Wc_b_Wh[i1 [i kd jhWXW`e gk[ ^[cei ieY_Wb_pW# Ze o fWhW [b [\[Yje i[ ^Wd h[Wb_pW# Ze lWh_Wi h[kd_ed[iÇ" cWd_\[ijÂŒ PWcXhWde$ Bei Zei jWY^ei" gk[ i[ [djh[# ]Wd feh YWiWi" j_[d[d kd lWbeh i_cXÂŒb_Ye gk[ i[hl_h|d fWhW ^W# Y[h kd \edZe Yec‘d" [b c_ice gk[ i[h| WZc_d_ijhWZe feh bei l[Y_dei gk[ fWhj_Y_fWd Z[b fhe# o[Yje$ ÆI[ XkiYW gk[ W Yehje fbWpe c|i XWhh_ei o Y_kZWZ[bWi i[ _d# j[h[i[d [d [ij[ jhWXW`e gk[ lW W i[h cko fheZkYj_le fWhW jeZeiÇ" ieijkle :[d_i F_dje" _dif[Yjeh WcX_[djWb ckd_Y_fWb$ @=7
ĹŠ !'.2ĹŠ" ".2ĹŠ/.1ĹŠ#+ĹŠ (-(23#Äą 1(.ĹŠ"#+ĹŠ , (#-3#ĹŠ2#15(1;-ĹŠ ĹŠ+.2ĹŠ' (Äą 3 -3#2ĹŠ"#ĹŠ 2ĹŠ -9 2ĹŠ/ 1 ĹŠ#+ĹŠ/1.8#!3.
Ŋ ĔŊ
} ĹŠ ĹŠ ĹŠ }
;%(- ĹŠ ÄŠ
.2ĹŠ ~.2ĹŠ1#!+ , ĹŠ ĹŠ 3(+"#ĹŠ 23'#1
¥ ēŊ +Ŋ/1#$#!3.Ŋ"#Ŋ .2Ŋ ~.2ĔŊ 1!.Ŋ 1.8 ĔŊ -4-!(¢Ŋ4- Ŋ(-5#12(¢-Ŋ"#Ŋ31#2Ŋ,(++.-#2Ŋ"#Ŋ"¢+ 1#2Ŋ/ 1 Ŋ#+Ŋ+4% 1ēŊ
2 , +#~23 2ĔŊ +! +"#2ĹŠ8ĹŠ#+ĹŠ 1#$#!3.ĹŠ "#ĹŠ .2ĹŠ ~.2ĔŊ2#ĹŠ1#ĂŒ-#-ĹŠ/ 1 ĹŠ"#$#-"#1ĹŠ #+ĹŠ/. + ".ĹŠ"#+ĹŠ1#!(-3.ĹŠ 3(+"#ĹŠ 23'#1ēŊ
ĹŠ ěŊ 7dj[ bW fhefk[ijW Z[b fh[\[Yje Z[b =kWoWi" @_cco @W_hWbW" Z[ gk[ i[ fhefed]W kdW YedikbjW fefkbWh fWhW gk[ CWj_bZ[ ;ij[h Z[Y_ZW W gk[ fhe# l_dY_W f[hj[d[Y[h" [b Fh[\[Yje Z[ Bei H‡ei" CWhYe JheoW" bW WbYWbZ[iW Z[ 8WXW^eoe" A^Wh# bW 9^|l[p o bei WiWcXb[‡ijWi0 EcWh @k[p FW‡i " =Wbe BWhW o C[hY[Z[i L_bbWYhƒi Z[ IF " i[ ceijhWhed YedjhWh_ei o Wi[]k# hWhed gk[ feh ^_ijeh_W o `kh‡Z_#
YWc[dj[ [b h[Y_dje f[hj[d[Y[ W Bei H‡ei$ JheoW cWd_\[ijÂŒ gk[ i[ Z[X[ j[d[h kdW fei_Y_ÂŒd cWZkhW" i[diWjW o Ă’ hc[$ ÆLWcei W Z[# \[dZ[h be gk[ b[]Wbc[dj[ dei Yehh[ifedZ[Ç" [d\Wj_pÂŒ$ ;d jWdje" [b b[]_ibWZeh" =Wbe BWhW" c[dY_edÂŒ gk[ be gk[ i‡ f[Z_h|d [i gk[ bW Y_kZWZWd‡W Z[ bW CWd]W Z[b 9khW [iYe`W W ZÂŒdZ[ f[hj[d[Y[h" i_ W CWdWX‡" =kWoWi e Bei H‡ei$
+ĹŠ/. + ".
;b h[Y_dje CWj_bZ[ ;ij^[h [ij| kX_YWZe [djh[ bei b‡c_j[i Yed bWi fhel_dY_Wi Z[ =kWoWi Bei H‡ei o 8eb‡lWh" j[d_[dZe kdW Z_ijWdY_W ^WY_W [b YWdjÂŒd 8kYWo Z[ '. a_bÂŒc[jhei" W CWjW Z[ 9W# YWe (( a_bÂŒc[jhei o W 8WXW^eoe +( a_bÂŒc[jhei$ ;d [ij[ h[Y_dje i[ h[Wb_pWd Zei Ă’ [ijWi fWjhedWb[i" bW gk[ ^WY[d bei Xeb_lWh[di[i h[i_Z[d# j[i [d [b bk]Wh bei (' o (( Z[ `kb_e [d ^ec[dW`[ W bW L_h][d Z[ bW CW]ZWb[dW o [b . Z[ :_Y_[cXh[ gk[ fWhj_Y_fW jeZe [b fk[Xbe [d ^edeh W bW fWjhedW Z[b bk]Wh gk[ [i L_h][d Z[ BW ?dcWYkbWZW$ ĹŠ ĹŠ ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ ;%(- ĹŠ Ä?
-;+(2(2ĹŠ"#ĹŠ 241 +#2 ;%(- ĹŠ ÄŽ
666Ä“+ '.1 Ä“!.,Ä“#! ĹŠ
Ĺ? Ĺ?
Ĺ?
Ä‚
Ĺ? Ĺ?Ä‚ÄĄÄ Ä†
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ? Ĺ? ƒ ÂĄ ēŊ .2ĹŠ.1% -(2,.2ĹŠ04#ĹŠ/ 13(!(/ 1;-ĹŠ"#+ĹŠ!#-2.ĹŠ2#ĹŠ1#ĂŒ-#-ĹŠ2#, - +,#-3#ĹŠ/ 1 ĹŠ!.-$.1, 1ĹŠ+ 2ĹŠ .,(2(.-#2Ä“
ŋßĂŋ 5ŋ ŋ ŋ ŋ ŋ 5ŋ
.,.Ŋ/1#5( Ŋ "#+Ŋ Ŋ #-2.Ŋ "#Ŋ . + !(¢-Ŋ8Ŋ Ŋ"#Ŋ (5(#-Ĺ " ĔŊ#-Ŋ 4#5#Ĺ ".Ŋ8Ŋ '.Ĺ 8.Ŋ2#Ŋ/1#/ 1 Ŋ ! 1 5 - Ŋ!.-Ŋ !.,/ 12 2Ŋ8Ŋ %14/.2Ŋ $.+!+¢1(!.2ē
d bWi _dijWbWY_e# d[i Z[ bW 9_kZW# Z[bW Ckd_Y_fWb i[ bb[lŒ W YWXe bW j[hY[hW h[kd_Œd Z[ bWi Z_\[h[dj[i 9ec_i_ed[i gk[ fWhj_Y_fWh|d [d [b L?? 9[die Z[ FeXbWY_Œd o L? Z[ L_l_[dZW [d bW fhel_dY_W Z[ Bei H‡ei$
7bb‡ Yed bW fWhj_Y_fWY_ÂŒd Z[ bei h[Yjeh[i Z[ bei Yeb[]_ei" c_[cXhei Z[ bW Feb_Y‡W DWY_e# dWb" <k[hpWi 7hcWZWi" 9k[hfe Z[ 8ecX[hei" 9hkp He`W" C_d_i# j[h_e Z[ IWbkZ" JhWdifehjWY_ÂŒd" =eX_[hde Ckd_Y_fWb o IeY_[ZWZ 9_l_b" i[ [cf[pÂŒ WdWb_pWh YWZW kdW Z[ bWi h[ifediWX_b_ZWZ[i gk[ j[dZh|d gk[ Ykcfb_h fWhW [b fhÂŒn_ce (. Z[ del_[cXh[$ ;d Gk[l[Ze i[h|d +$'-( [ijkZ_Wdj[i o )+' fhe\[ieh[i gk[ fWhj_Y_fWh|d Z[b fheY[# ie o gk[ Yedj_dkWc[dj[ i[ [ij|d YWfWY_jWdZe$ ;b h[Yjeh Z[b Yeb[]_e I[‹e# h_jWi Gk[l[Ze" J[eZec_he F[# ‹W\_[b" ieb_Y_jÂŒ W bei h[fh[i[d# jWdj[i Z[b ?dij_jkje DWY_edWb Z[ ;ijWZ‡ij_YWi o 9[diei ?D;9 i[ Z[Ă’dW Yed hWf_Z[p Yed Yk|djei [ijkZ_Wdj[i lWd W fWhj_Y_fWh o gk[ i[Yjeh[i lWd W eYkfWh$ 7i_c_ice" [b [f_Z[c_ÂŒbe]e Z[b ^eif_jWb IW]hWZe 9ehWpÂŒd Z[ @[# i‘i" MWi^_d]jed 8h_ed[i" h[gk_#
ĹŠ
.2ĹŠ1#24+3 ".2ĹŠ "#+ĹŠ #-2.ĹŠ"#ĹŠ . + !(¢-ĹŠ8ĹŠ (5(#-" ĹŠ2#ĹŠ!.-Äą .!#1;-ĹŠ#-ĹŠ#+ĹŠ /1(,#1ĹŠ2#,#231#ĹŠ "#+ĹŠ  .ĹŠÄ‰Ä‡ÄˆÄˆÄ“
ēŊ ĹŠ!.+ .1 !(¢-ĹŠ"#ĹŠ+ 2ĹŠ/#12.- 2ĹŠ2#1;ĹŠ,48ĹŠ(,/.13 -3#ĹŠ#+ĹŠ"~ ĹŠ"#+ĹŠ #-2.ēŊ .2ĹŠ#234"( -3#2ĹŠ/.13 1;-ĹŠ242ĹŠ4-($.1,#2ĹŠ#ĹŠ("#-3(ă! !(.-#2ĹŠ"#+ĹŠ Ä“
h_ÂŒ i[ [djh[]k[ kd b_ijWZe fWhW iW# [b ?D;9" [ijWh‡W feh i[h Ă’hcWZe Wfb_YWY_ÂŒd Z[ B[o I[YW$ Fhe^‡X[ X[h Yk|djWi Xh_]WZWi cƒZ_YWi i[ feh [b fh[i_Z[dj[ HW\W[b 9ehh[W bW l[djW" Z_ijh_XkY_ÂŒd o Yedikce [d bei fhÂŒn_cei Z‡Wi$ Z[ X[X_ZWi WbYe^ÂŒb_YWi ZeY[ ^e# d[Y[i_jWh|d fWhW [i[ Z‡W$ hWi Wdj[i o ZeY[ ^ehWi Z[ifkƒi Z[b Z‡W Zec_d]e (. Z[ del_[c# 234"( -3#2ĹŠ#23 1;-ĹŠ!.-ĹŠ4-($.1,# 1;ĹŠ1#231(!!(.-#2 I[]‘d bW Z_h[YjehW h[]_edWb Z[b ;d [b YWie Z[b i[hl_Y_e Z[ jhWdi# Xh[ Z[b (&'&$ ;i Z[Y_h" [djh[ [b b_jehWb Z[b ?D;9" @[ii_YW C[dƒd# fehj[ j[hh[ijh[ _dj[hfhel_dY_Wb" c[Z_eZ‡W Z[b i|XWZe (- o [b c[# Z[p" WYjkWbc[dj[ i[ [ij|d Yed\eh# [b Z[Yh[je ehZ[dW bW ikif[di_ÂŒd Z_eZ‡W Z[b bkd[i (/ Z[ [i[ c[i$ JWcX_ƒd ikif[dZ[ jeZei bei cWdZe bWi @kdjWi FhecejehWi [d Z[iZ[ bWi &*0&& ^WijW bWi '-0&& Z[b Z‡W Z[b Y[die$ C_[djhWi gk[ [if[Yj|Ykbei" jWdje f‘Xb_Yei jeZW bW fhel_dY_W Z[ Bei H‡ei$ 7YbWhÂŒ gk[ bei [ijkZ_Wdj[i [b[# bei l[^‡Ykbei khXWdei o fWhj_Yk# Yece fh_lWZei" gk[ ^WoWd i_Ze ]_Zei fWhW Y[diWh Z[X[h|d feh# bWh[i de feZh|d iWb_h W bWi YWbb[i fhe]hWcWZei fWhW bei Z‡Wi i|# jWh ik h[if[Yj_le kd_\ehc[ Yed [djh[ bWi &/0&& o bWi '-0&&$ XWZe (- o Zec_d]e (.$ ;ije _d# kdW Yh[Z[dY_Wb gk[ b[i \WY_b_jWh| Bei ‘d_Yei Wkjecejeh[i gk[ Ybko[ Y[b[XhWY_ed[i h[b_]_eiWi [b ?D;9 o gk[ bei _Z[dj_Ă’YWh| feZh|d Y_hYkbWh ied bei f[hj[d[# o WYjei Z[fehj_lei$ Bei Y[diWZeh[i i[h|d bei [i# Yece [cfWZhedWZeh[i$ Y_[dj[i Wb ?D;9" W bei i[hl_Y_ei Æ;b eX`[j_le [i ]WhWdj_pWh gk[ Z[ [c[h][dY_W WcXkbWdY_Wi" jkZ_Wdj[i Z[ fh_c[he" i[]kd# jeZei bei [YkWjeh_Wdei f[hcW# cejeXecXWi " W bei eh]Wd_icei Ze o j[hY[h W‹e Z[ XWY^_bb[hWje d[pYWd [d iki ^e]Wh[i fWhW gk[ Z[ i[]kh_ZWZ Feb_Y‡W DWY_edWb o Z[ jeZei bei [ijWXb[Y_c_[djei bei Y[diWZeh[i fk[ZWd h[Ye][h <k[hpWi 7hcWZWi " W bei c[Z_ei [ZkYWj_lei Z[b fW‡i$ iki ZWjei i_d Yecfb_YWY_ed[iÇ" Z[ Yeckd_YWY_ÂŒd o jeZei Wgk[# fkdjkWb_pÂŒ bW \kdY_edWh_W$ bbei W bei gk[ [b ?D;9 b[i ^WoW .ĹŠ' 1;ĹŠ!+ 2#2 ;d [i[ i[dj_Ze" bW fhe^_X_Y_ÂŒd YedY[Z_Ze kd iWbleYedZkYje$ ;b C_d_ij[h_e Z[ ;ZkYWY_ÂŒd iki# Z[ cel_b_ZWZ Z[ jeZe j_fe Z[ f[dZ_ÂŒ bWi YbWi[i fWhW bei [ijk# jhWdifehj[ gk[ YedijW [d [b Z[# #1.ĹŠ5#-3 2ĹŠ"#ĹŠ +!.'.+ Z_Wdj[i Z[iZ[ [b '+ ^WijW Wb '/ Z[ Yh[je fh[i_Z[dY_Wb fh[fWhWZe feh 7i_c_ice" [b Z[Yh[je Z_ifed[ bW del_[cXh[$ ;d [iW i[cWdW" [b
!1#"(3 !(.-#2
1 ĹŠ/1.$#2.1#2ĹŠ/ 13(!(/ -3#2 ĹŠ .2ĹŠ/1.$#2.1#2ĹŠ"#ĹŠ#23 +#!(,(#-3.2ĹŠ Ĺ—Äƒ2! +#2ĹŠ04#ĹŠ/ 13(!(/#-ĹŠ#-ĹŠ#+ĹŠ!#-2.ĹŠ#-ĹŠ
! +(" "ĹŠ"#ĹŠ#,/ "1.- ".1#2ĹŠ1#!( (1;-ĹŠÄˆÄ‡ĹŠ '.1 2ĹŠ/ 1 ĹŠ#+ĹŠ 2!#-2.ĹŠ"#ĹŠ! 3#%.1~ ēŊ
ĹŠ (#-31 2ĹŠ04#ĹŠ ĹŠ+.2ĹŠ".!#-3#2ĹŠ04#ĹŠ31 Äą Ĺ— )#-ĹŠ!.,.ĹŠ)#$#2ĹŠ"#ĹŠ9.- ĔŊ)#$#2ĹŠ"#ĹŠ2#!3.1ĹŠ#ĹŠ (-2314!3.1#2ĹŠ2#ĹŠ+#2ĹŠ !1#"(3 1;ĹŠÄˆÄŽĹŠ'.1 2Ä“ ĹŠ ĹŠ2#, - ĹŠ -3#1(.1ĹŠ3#1,(- 1.-ĹŠ+.2ĹŠ Ĺ—3 ++#1#2ĹŠ"(1(%(".2ĹŠ ĹŠ+.2ĹŠ".!#-3#2ĹŠ"#ĹŠ+ ĹŠ /1.5(-!( ĹŠ"#ĹŠ .2ĹŠ ~.2Ä“
?D;9 bei YWfWY_jWh| fWhW bb[dWh bei \ehckbWh_ei Y[diWb[i$ Bei fhe\[ieh[i" jWdje Z[ [i# Yk[bWi Yece Z[ Yeb[]_ei" WY# jkWh|d Yece `[\[i Z[ pedW" `[\[i Z[ i[Yjeh" _dijhkYjeh[i o Yece [cfWZhedWZeh[i$ BW YWfWY_jWY_Œd fWhW [bbei i[ _d_Y_Œ [b '+ Z[ eYjkXh[ o Ykbc_dW# h| [b '( Z[ del_[cXh[$
), ), -ŋ ')& -.)-ŋ*),ŋ &)-ŋ,/# ) Ŋ ěŊ CehWZeh[i Z[ bW fW#
hhegk_W I_[j[ Z[ Z[ EYjkXh[ cW# d_Ă’[ijWd i[dj_h ceb[ij_Wi YWZW l[p gk[ [b h[Yeb[Yjeh Z[ bW XWikhW h[Wb_pW ik jhWXW`e o de fehgk[ i[ [ijƒ _dYkcfb_[dZe Yed [b i[hl_# Y_e W bW Y_kZWZWd‡W i_de fehgk[ i[]‘d [bbei YWZW l[p gk[ [b l[# ^‡Ykbe fWiW be ^WY[ Yed [ijhk[d# Zeiei hk_Zei fhel[d_[dj[i Z[ bW Yehd[jW e [b YbWned$ I[]‘d EcWh IWdjWdW" cehW# Zeh Z[b i[Yjeh ieijkle gk[ Z_Y^W i_jkWY_ÂŒd i[ ^W jehdWZe ceb[i# jeiW fWhW bei cehWZeh[i fk[ije
š #!)ŋ !,v )& ŋ - ŋ (  ŋ (.,)ŋŋ ŋ& ŋ - ' & ŋ
Ĺ? ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ? Ĺ? ƒ
ă
gk[ ^Wo d_‹ei" WdY_Wdei o Z[c|i f[hiedWi W bWi gk[ _dYeceZW jWdje hk_Ze feh be gk[ ieb_Y_jWd W gk_[d[i cWd[`Wd Z_Y^ei Wkje# cejeh[i XW`Wh bW _dj[di_ZWZ Z[b ied_Ze Z[ bWi Yehd[jWi Yed [b Ă’d Z[ iWblW]kWhZWh [b X_[d[ijWh Z[ bW Y_kZWZWd‡W$ Feh ejhW fWhj[ bei ^WX_jWdj[i Z[ bW fWhhegk_W WYbWhWhed gk[ [ij|d iWj_i\[Y^ei Yed [b i[hl_Y_e Z[ h[Yeb[YY_ÂŒd Z[ bei Z[i[Y^ei f[he gk[ b[i _dYeceZW bei \k[h# j[i ied_Zei gk[ [c_j[d bei YWhhei h[Yeb[Yjeh[i$
¥ ēŊ , 1Ŋ 4#9ĔŊ 2 , +#(23 Ŋ"#Ŋ .2Ŋ ~.2Ŋ,(#-31 2Ŋ - +(9 Ŋ#+Ŋ!¢"(%.Ŋ"#Ŋ+ Ŋ/1."4!!(¢-Ŋ %1~!.+ ē
ĹŠĹŠ/1."4!!(¢-ĹŠ %1~!.+ ĹŠ"# #ĹŠ2#1ĹŠ!.-Äą 2("#1 " ĹŠ#-ĹŠ#+ĹŠ/1.8#!3.ĹŠ!.,.ĹŠ2#!3.1ĹŠ #231 3_%(!.ĹŠ"#ĹŠ+ ĹŠ#!.-.,~ ĹŠ- !(.- + ;b b[]_ibWZeh h_ei[di[ Z[ 7b_Wd# pW FW‡i [d [b Fb[de Z[ bW 7iWc# Xb[W" EcWh @k[p" ieijkle gk[ de [dYk[djhW [d [b fheo[Yje deh# cWi gk[ _dY[dj_l[d bW iWYh_Ă’# YWZW Z[Z_YWY_ÂŒd Z[ XWdWd[hei" YW\[j[hei" YWYWej[hei" fWbc_Ykb# jeh[i" WhheY[hei" ieo[hei o ejhei fheZkYjeh[i W]h‡YebWi gk[ Yed# jh_Xko[d i_]d_Ă’YWj_lWc[dj[ W bW [Yedec‡W dWY_edWb$ :[X_Ze W [ije eXi[hlÂŒ bW d[# Y[i_ZWZ Z[ _dYbk_h [d [b 9ÂŒZ_]e Z[ bW FheZkYY_ÂŒd Z_ifei_Y_ed[i gk[ _cfkbi[d Wb i[Yjeh o Yedjh_# XkoWd Wb \ec[dje Z[ bW WYj_l_# ZWZ W]h‡YebW dWY_edWb$ Æ;b ;YkWZeh Z[X[ lebl[h W ik leYWY_ÂŒd W]h‡YebW o bWi b[o[i Z[# X[d fhef_Y_Wh WYj_l_ZWZ[i gk[ i_[cfh[ dei YWhWYj[h_pWhedÆ" Z_`e @k[p$
XWdWde W d_l[b ckdZ_Wb o [b i[# ]kdZe fW‡i fheZkYjeh Z[ bW \hk# jW [d [b ckdZe" Yed Y_\hWi gk[ WbYWdpWd W '$/'/ c_bbed[i Z[ ZÂŒ# bWh[i [d [nfehjWY_ed[i WdkWb[i jejWb[i" [gk_lWb[dj[i Wb )$,/ Z[b F?8 jejWb$ ÆD[Y[i_jWcei gk[ bW fheZkY# Y_ÂŒd W]h‡YebW i[W Yedi_Z[hWZW [d [b fheo[Yje Yece i[Yjeh [ijhWjƒ# ]_Ye Z[ bW [Yedec‡W dWY_edWb1 o" fWhW [bbe ^[cei fh[fWhWZe Zei fhefk[ijWi fkdjkWb[i" gk[ l[h# iWd ieXh[ bei _dY[dj_lei jh_Xk# jWh_ei o bW Wfb_YWY_ÂŒd Z[b iWbWh_e Z_]deÇ" i[‹WbÂŒ @k[p$ Bei _dY[dj_lei jh_XkjWh_ei fWhW dk[lWi _dl[hi_ed[i" Z[X[d _dYbk_h W bei fheZkYjei W]h‡YebWi gk[ Yedij_jko[d cWj[h_W fh_cW [d bW _dZkijh_W Wb_c[dj_Y_W" jWb [i [b YWie Z[ bWi fbWdjWY_ed[i Z[ YW\ƒ" YWYWe o fWbcW gk[ i[ Z[i# ~2ĹŠ#7/.13 ".1 j_dWd W fheZkY_h YW\ƒ" Y^eYebWj[ ;b b[]_ibWZeh ikij[djÂŒ bW _cfeh# o WY[_j[i$ 7 c|i Z[ bWi [d[h]‡Wi h[de# jWdY_W [YedÂŒc_YW Z[ bW WYj_l_ZWZ gk[ ^W Yedl[hj_Ze Wb ;YkWZeh lWXb[i" i[ Z[X[ W‹WZ_h bWi dk[# [d [b fh_c[h fW‡i [nfehjWZeh Z[ lWi _dl[hi_ed[i [d ][d[hWY_ÂŒd
#!3(ă! !(¢-
Z[ X_eYecXkij_Xb[i ;b fheo[Yje de bWi Yedj[cfbW [d bW [ned[hW# Y_Œd feh Y_dYe W‹ei Z[b _cfk[i# je W bW h[djW o W bW eXb_]WY_Œd Z[ fW]e Wdj_Y_fWZe Z[b jh_Xkje$ #2/ +".
;b ;YkWZeh Z[f[dZ[ Z[ Y_hYkdi# jWdY_Wi o YedZ_Y_ed[i W`[dWi W bW lebkdjWZ Z[b W]h_Ykbjeh1 bW WY# j_l_ZWZ fheZkYj_lW W]h‡YebW [d [b fW‡i [ij| ik`[jW W YedZ_Y_ed[i Yb_c|j_YWi o WcX_[djWb[i gk[ de i[ fk[Z[d YedjhebWh o gk[ fed[d [d h_[i]e bWi kj_b_ZWZ[i [cfh[iWh_Wb[i$ @k[p h[ifWbZÂŒ [b cWd_Ă’[ije Z[ c|i Z[ kd Y[dj[dWh Z[ ]h[# c_ei fheZkYj_lei gk[ h[YbWcWd bW _dYehfehWY_ÂŒd [d [b 9ÂŒZ_]e Z[ dehcWi gk[ [\[Yj_lWc[dj[ _dY[dj_l[d bW fheZkYY_ÂŒd" [b Ye# c[hY_e o bW _dl[hi_ÂŒd o bW fhed# jW [nf[Z_Y_ÂŒd Z[ h[\ehcWi W bW B[o Z[b 8WdWde$ ÆC[ ikce W [bbei" [d ik YbW# ceh o [d ik bkY^W" fehgk[ de Z[X[cei f[hZ[h [ijW efehjkd_# ZWZ Z[ gk[ i[ Z_Yj[ kdW b[o gk[ Yedjh_XkoW W ][d[hWh h_gk[pW fWhW [d]hWdZ[Y[h W bW FWjh_W o fWhW Z_ijh_Xk_hbW Yed Yh_j[h_ei Z[ ehZ[d" `kij_Y_W o [gk_ZWZ$Ç fkdjkWb_pÂŒ [b WiWcXb[‡ijW$
+ĹŠ5(#1-#2ĹŠÄŽĹŠ"#ĹŠ-.5(#, 1#ĹŠ#-ĹŠ+ ĹŠ/;%(- ĹŠ ĉŊ"#ĹŠ_23#ĹŠ,#"(.ĹŠ2#ĹŠ/4 +(!¢Ŋ04#ĹŠ#+ĹŠ!.23.ĹŠ"#ĹŠ+ 2ĹŠ+4!#2ĹŠ ĹŠ(-23 + " 2ĹŠ #-ĹŠ#+ĹŠ/4#-3#ĹŠ #+ 2!.ĹŠ 11 ĹŠ#1 -ĹŠ"#ĹŠÄŽÄŠĹŠ,(+ĹŠÄ?ĎćŊ"¢+ 1#2ēŊ 4 -".ĹŠ+.ĹŠ!.11#!3.ĹŠ#2ĹŠ04#ĹŠ5 +(#1.-ĹŠÄŠÄŠĹŠ,(+ĹŠÄ?Ä?ÄŽĹŠ"¢+ 1#2ĹŠ !.-ĹŠÄŒÄ’ĹŠ!#-3 5.2ĔŊ2#%ĂŒ-ĹŠ#+ĹŠ/.13 +ĹŠ"#ĹŠ!.,/1 2ĹŠ/ĂŒ +(! 2ēŊ
ēŊ .2Ŋ14(".2Ŋ04#Ŋ%#-#1 -Ŋ+.2Ŋ! 11.2Ŋ1#!.+#!3.1#2Ŋ,.+#23 -Ŋ Ŋ4-Ŋ2#!3.1ē
, (-0 ,- & -ŋ ŋ &ŋ / 3 6(ŋ#(- !/, Ŋ ěŊ CehWZeh[i Z[ bW fW#
hhegk_W ;b =kWoWY|d i[ gk[`Wd YedijWdj[c[dj[ feh bW _di[]kh_# ZWZ [n_ij[dj[ [d [b i[Yjeh$ Bei ^WX_jWdj[i _dZ_YWd gk[ bei Wdj_ieY_Wb[i Wfhel[Y^Wd bWi de# Y^[i fWhW Z[b_dgk_h fk[ije gk[ ckY^ei Z[ [bbei WY[Y^Wd W iki l‡Yj_cWi [d bWi YWbb[i jhWdil[h# iWb[i gk[ [d bW cWoeh‡W Z[ cWd# pWdWi bW _bkc_dWY_ÂŒd [i ZƒX_b$ I[ ^Wd h[fehjWZe kd i_dd‘# c[he Z[ WiWbjei [if[Y_Wbc[dj[ W `ÂŒl[d[i gk[ Y_hYkbWd feh [b bk]Wh [d ^ehWi Z[ bW deY^[" bei W]h[Z_Zei cWd_Ă’[ijWd gk[ ied f[hiedWi W`[dWi W bW fWhhegk_W" [i Z[Y_h ied Z[b_dYk[dj[i fhe# l[d_[dj[i Z[ ejhei i[Yjeh[i Z[ bW
Y_kZWZ$ Bei ^WX_jWdj[i cWd_\_[ijWd gk[ i[ l[ W bW feb_Y‡W YedijWdj[# c[dj[ ZWdZe lk[bjWi feh bW YWbb[i fh_dY_fWb[i Z[ bW fWhhegk_W f[he gk[ [d i‡ [b fheXb[cW i[ _dj[di_# ÒYW [d bWi YWbb[i jhWdil[hiWb[i$ #"(".
Bei cehWZeh[i Z[b =kWoWY|d ^W# Y[d kd bbWcWZe W bWi Wkjeh_ZWZ[i f[hj_d[dj[i fWhW gk[ Z[d iebk# Y_ÂŒd W bW _d[Ă’Y_[dj[ _bkc_dWY_ÂŒd [d bWi YWbb[i jhWdil[hiWb[i fk[i# je gk[ bkp XW`W \WY_b_jW bei WYjei Z[b_Yj_lei Wi‡ c_ice W bei ^WX_# jWdj[i Z[b i[Yjeh i[ h[Yec_[dZW fhkZ[dY_W fWhW [l_jWh [ij[ j_fe Z[ _dYedl[d_[dj[i$
# +(9 1.-ĹŠ,(-% ĹŠ/.1ĹŠ -(5#12 1(.
ŊěŊ 8#1ĹŠ5 1(.2ĹŠ' (3 -3#2ĹŠ"#ĹŠ+ ĹŠ/ 11.04( ĹŠ (5 ĹŠ +$ 1.ĹŠ/1#Äą / 1 -ĹŠ+ ĹŠ 5#-(" ĹŠ/1(-!(/ +ĹŠ/ 1 ĹŠ!#+# 1 1ĹŠ+ 2ĹŠÄƒ#23 2ĹŠ/.1ĹŠ242ĹŠÄˆÄ?ĹŠ  .2ĹŠ "#ĹŠ/ 11.04( +(9 !(¢-Ä“
Ĺ? Ĺ?
Ĺ?
Ä…
Ĺ? Ĺ?Ä…ÄĄÄ Äƒ
ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ? Ĺ? ƒ
-* , (Ĺ‹ /'*& (Ĺ‹ *,)' - ĹŠ ěŊ CehWZeh[i Z[b i[Y# jeh Dehj[ Z[ bW fWhhegk_W L_lW 7b\Whe" YWbb[ l_]ƒi_cW iƒfj_cW f_Z[d eXhWi Z[ XehZ_bbei" WY[hWi o fWl_c[djWY_ÂŒd$ 7bX[hje IWcWd_[]e" cehWZeh Z[b XWhh_e IWd F[Zhe" b[ f_Z_ÂŒ Wb
fh_c[h f[hied[he gk[ b[i cWd# Z[ W Whh[]bWh kh][dj[c[dj[ bWi YWbb[i Z[ ik i[Yjeh" oW gk[ [ij|d Yedl[hj_ZWi [d kd Z[iWijh[$ I[]‘d [nfh[iWd bei cehWZe# h[i [d kdW i[i_ÂŒd Z[b c[i Z[ \[# Xh[he [d [b gk[ \k[hed h[Y_X_Zei [d i[i_ÂŒd Wfb_YWZW" i[ b[i Z_`e gk[ [hWd fei_j_lWi iki f[j_Y_ed[i o gk[ [d [ij[ W‹e i[ [`[YkjWh‡Wd bWi eXhWi d[Y[iWh_Wi$ Æ>WijW bW \[Y^W iebe i[ h[Y_X_ÂŒ bWijhWZe ZedZ[ be gk[ ieb_Y_jW# cei [i WY[hWi" XehZ_bbei o fWl_# c[djWY_ÂŒd fWhW [l_jWh _dYedl[# d_[dj[i [d [b fhÂŒn_ce _dl_[hdeÇ WĂ’ hcÂŒ [b cehWZeh$ O [i gk[ [ijW Whj[h_W [i XWi# jWdj[ jhWdi_jWZW feh be gk[ [i j[cfehWZW Z[ _dl_[hde i[ bb[dW Z[ beZe o i[ Yedl_[hj[ [d kd fhe# Xb[cW fWhW bei YedZkYjeh[i oW gk[ bei XWY^[i i[ \ehcWd Z[X_Ze W bW \WbjW Z[ Whh[]bei$
(Ĺ‹ / ( Ĺ‹ / ,. Ĺ‹ " 3Ĺ‹)*.#'#-')
ēŊ ĹŠ$ +3 ĹŠ"#ĹŠ +4, 1 ".ĹŠ/ĂŒ +(!.ĹŠ#2ĹŠ4- ĹŠ"#ĹŠ+ 2ĹŠ-#!#2(" "#2ĹŠ"#ĹŠ+.2ĹŠ' (3 -3#2
.1 ".1#2Ŋ"(!#-Ŋ04#Ŋ+ Ŋ(-2(23#-!( Ŋ#2Ŋ /.104#Ŋ1#04(#1#-Ŋ"#Ŋ/1.-3 Ŋ 3#-!(¢ Ŋ242Ŋ/#"(".2Ŋ"#Ŋ2#15(!(.2Ŋ ;2(!.2ē
ēŊ 23 Ŋ#2Ŋ+ Ŋ! ++#Ŋ04#Ŋ,.1 ".1#2Ŋ/("#-Ŋ2#Ŋ1# +(!#-Ŋ. 1 2ē
ŊěŊ ;d bW fWhhegk_W IWd
1%#Ŋ1#/ 1 !(¢ ĖŊ Ŋ
ŊěŊ -Ŋ+ Ŋ! ++#Ŋ Ŋ 4%#-(.Ŋ 2/#).Ŋ8Ŋ "¢-Ŋ +"#1¢-Ŋ"#Ŋ+ Ŋ/ 1Ĺ 1.04( Ŋ -Ŋ 1(23¢ +Ŋ+.2Ŋ,.1 ".1#2Ŋ' !#-Ŋ4-Ŋ++ , ".Ŋ"#Ŋ 3#-!(¢-Ŋ Ŋ+ 2Ŋ 43.1(" "#2Ŋ/ 1 Ŋ04#Ŋ1#/ 1#-Ŋ+ Ŋ34 #1~ Ŋ"#Ŋ %4 Ŋ/.3 +#Ŋ04#Ŋ++#5 Ŋ,;2Ŋ "#Ŋ".2Ŋ2#, - 2Ŋ"  " ē
9Wc_be" [if[Y‡Ò YWc[dj[ [d [b i[Yjeh 8k[dW Ik[hj[" bei cehW# Zeh[i [nfh[iWhed gk[ bW _di_i# j[dY_W [i Z[X_Ze W bW \WbjW Z[ i[hl_Y_ei X|i_Yei gk[ WjhWl_[# iWd ZkhWdj[ Z_l[hiei W‹ei W f[# iWh Z[ ieb_Y_jWh Yedj_dkWc[dj[ eXhWi fWhW [b fhe]h[ie Z[ ik beYWb_ZWZ W bWi Wkjeh_ZWZ[i" [ijWi de bb[]Wd$ ÆD_ [b decXh[ Z[b bk]Wh de bei WYecfW‹W [d YkWdje W bWi d[Y[i_ZWZ[i oW gk[ iebe dei cWdj[d[cei Z[ [if[hWdpWi gk[ bWi Wkjeh_ZWZ[i beYWb[i Wfeh# j[d Yed eXhWi fWhW [b fhe]h[ie Z[ bW beYWb_ZWZ$ ;b i[hl_Y_e Z[ W]kW fejWXb[ [i kdW Z[ iki fh_eh_ZWZ[i oW gk[ ZkhWdj[ bei W‹ei gk[ ^WX_# jWd [d [b i[Yjeh ckY^Wi YWbb[i
de Yk[djWd Yed [b i[hl_Y_e" feh be gk[ i[ WXWij[Y[d Z[b b‡gk_Ze l_jWb c[Z_Wdj[ fepeiÇ" Z[YbWhÂŒ <Wddo 9|hZ[dWi$ +#23 1#2
O [i gk[ i[]‘d WĂ’ hcWd ck# Y^ei ^WX_jWdj[i Yk[djWd Yed fepei o [i Z[ ZedZ[ be]hWd WXWij[Y[hi[ o Ykcfb_h Yed bWi WYj_l_ZWZ[i" Ædei l[cei [d bW d[Y[i_ZWZ Z[ YecfhWh feh ]Wbed[i ZkhWdj[ j[cfehWZWi [b b‡gk_Ze l_jWb iWb[ jkhX_W oW gk[ i[ ^W YedjWc_dWZe feh bW WXkdZWdY_W Z[ fepei iƒfj_Yei o i[ fh[i[djWd bei fheXb[cWiÇ" W‹WZ_ÂŒ @Wl_[h CWh_de$ IebWh[i WXWdZedWZei bb[dei Z[ cWb[pW o W]kWi bbkl_Wi ied cej_le fWhW gk[ bei pWdYk# Zei i[ Wfhef_[d Z[b bk]Wh" YWX[
ĹŠ ĹŠ ĹŠ ĹŠ
ĹŠ
ĹŠ ĹŠ ĹŠ ĹŠÄ‰Ä‡ÄˆÄ‡ Ä?ĹŠĹŠ ĹŠ 4- ĹŠ,#-%4 -3#ĹŠ
ĹŠ ĹŠ ĹŠ ĹŠÄˆĹŠ ĹŠÄ?ĹŠ ĹŠ
Ĺ—ĹŠ (4" "#+ ĹŠ#+ĹŠ 4 8 !;-ĹŠ ĹŠ#3 / ĹŠ 5#-(" ĹŠ +3#1ĹŠ -"1 "#
ÄˆÄŠĹŠĹŠĹŠ
4- ĹŠ-4#5
Ä‰ÄˆĹŠĹŠĹŠ
4- ĹŠ!1#!(#-3#
ĉđŊ
4- ĹŠ++#-
ĹŠ
Ĺ—ĹŠ 5#-(" ĹŠ 4 8 04(+ĹŠ8ĹŠ .2_ĹŠ . 04~-ĹŠ"#ĹŠ +,#".
Ĺ—ĹŠ 5#-(" ĹŠ +3#1ĹŠ -"1 "#ĹŠ#-31#ĹŠ!4 13 ĹŠ8ĹŠ04(-3
ŊĉÄ?ĹŠ
ĹŠ ĹŠ ĹŠ
(3 ,(- ĹŠ
įŋ ŋ0#. '#( ŋ ŋ -ŋ/( ŋ0#. '#Ě ( ŋ&#*)-)&/ & ŋ /( ' (. &ŋ * , ŋ &ŋ / (ŋ -. )ŋ ŋ& ŋ*# &ŋ 3ŋ& -ŋ'/ )- -ŋ ŋ#(. ,0# ( ŋ & ŋ /( #š(ŋ ŋ& ŋ0#-#š(ŋ -. -ŋ / (. -ŋ0 ! . & -ŋ ŋ . Ě ,). ()ŋ -.6(ŋ&# , -ŋ ŋ!, - ŋ3ŋ )& -. ,)&Ąŋ &ŋ / ,*)ŋ, !/& ŋ& ŋ )(0 ,-#š(ŋ &ŋ . ,). ()ŋ (ŋ 0#. '#( ŋ ąŋ (ŋ /( #š(ŋ ŋ-/-ŋ ( -# -Ą
Ĺ—ĹŠÄ?ĹŠ"#ĹŠ !34 1#ĹŠ .ŊĊćÄ?ĹŠ8ĹŠ3#1!#1 ĹŠ ĹŠ666Ä“#2314!/+ -Ä“!.,Ä“ 1 -" ĹŠ342ĹŠ3(/2ĹŠ ĹŠ04#5#".Äž+ '.1 Ä“!.,Ä“#!
c[dY_edWh gk[ [ije jWcX_ƒd ^W fheleYWZe gk[ bei Z[b_dYk[dj[i WYkZWd Wb bk]Wh W Yec[j[h iki \[Y^eh‡Wi$ Ejhe Z[ bei _dYedl[d_[dj[i [i bW YWh[dY_W [d YkWdje Wb i[h# l_Y_e Z[ WbkcXhWZe f‘Xb_Ye" oW gk[ Wb _d]h[iWh Wb bk]Wh i[ fk[# Z[ eXi[hlWh gk[ de [n_ij[d bk# c_dWh_Wi" be gk[ i[ ^W Yedl[hj_# Ze [d kd f[b_]he YedijWdj[ fWhW gk_[d[i jhWdi_jWd bWi Whj[h_Wi [d ^ehWi Z[ bW deY^[" W]h[]Whed bei cehWZeh[i$ . #1341 ĹŠ"#ĹŠ-#!#2(" "#2
Æ;d YkWdje i[ h[Ă’ [h[ W Whh[]bei Z[ bWi Whj[h_Wi WY[hWi o XehZ_# bbei bW fWhj[ Z[ IWd 9Wc_be Wb _]kWb gk[ ejhWi i[ l[d X[d[Ă’ Y_W# ZW feh bei jhWXW`ei gk[ i[ [d# Yk[djhWd [`[YkjWdZe [b Ckd_Y_# f_e [d bW WYjkWb_ZWZ ZedZ[ Z[ W feYe i[ YkXh_h|d bWi d[Y[i_ZW# Z[i Z[ bei i[Yjeh[i gk[ cWdj_[# d[d fheXb[cWiÇ" Ă’ dWb_pÂŒ @eddo 9[Z[‹e" ikXZ_h[Yjeh Z[ EXhWi F‘Xb_YWi$
^ ĹŠ ĹŠ .2ĹŠ/(ĹŠ3 +ĹŠĹŠ Ä?ĎćĹĊÄ?ÄŠ .,ĹŠ #ĹŠ1.2Ä– .ĹŠ+~ĹŠ5 1ĹŠ8ĹŠÄŽ3 ēŊ Ä?ÄŽÄ‡ÄąÄŠÄŠÄˆ ĹŠ+.ĹŠ + ĹŠ9 ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠÄ?ÄŽÄˆÄąÄ?ĎĈ -ĹŠ ĹŠ,(ĹŠ+.ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠÄ?ĎćĹĒĊć ēŊ 1.ĹŠ%1#ĹŠ2.ĹŠĹŠ Ä?ÄŽÄˆÄąÄ?Ä?Ä? ĹŠ Ă‹ ĹŠ Ä?ÄŽÄ?ĹđĒĊ 4ĹŠ-(ĹŠ!(ĹŠ/(.ĹŠ Ä?ÄŽÄŠÄąÄŽÄ‡Äˆ ĹŠ Ä?ÄŽÄ‡ÄąÄŠÄŒÄˆ ĹŠ .ĹŠ+(ĹŠ!~ ĹŠĹŠ Ä?ÄŽÄˆÄąÄ‡Ä‘Ä‘ 4ĹŠ (-ĹŠ3#-ĹŠ"#-ĹŠ!( ĹŠ Ä?Ä?ĊĹĊĉć #ĹŠ$#-ĹŠ2 ĹŠ (ĹŠ5(+Ä–ĹŠĹŠ 4#ĹŠ5#ĹŠ".ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠÄ?Ä?Ä‡ÄąÄŒÄ‘Ä‡ ĹŠ ĹŠ'.ĹŠ8.ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠÄ?ĊĉĹĉÄ?ÄŒ
ŏ ĀĈŏ ŏ ŏ ŏĂĀāĀ
ŏ +. ŏ ŏ
Ć
.! !'#ũ
4% 1ũ"($#1#-3# ũ .ũ1#%(231 ũ/1#2#-!( ũ"#ũ-( .2ũ#-ũ+.2ũ ŗ 241 +#2ēũ +ũ 241 +ũ"#ũ .! !'#ũ#23;ũ ũĈũ
*(+¢,#31.ũ"#ũ+ ũ5~ ũ/1(-!(/ +ũ8ũ#-ũ+ ũ#-31 " ũ 8 ũ#23;ũ!.+.! ".ũ4-ũ+#31#1.ũ!.-ũ+ ũ+#8#-" Ėũ ġ #ũ/1.'~ #ũ+ ũ#-31 " ũ"#ũ-( .2Ĕũ-( 2ũ8ũ ,4)#1#2ũ#, 1 9 " 2ũ ũ+.2ũ 241 +#2Ģē ũ ũ +ũ 241 +ũ"#ũ 4#- ũ #ũ#23;ũ !.-"(!(.ı ŗ- ".ũ8ũĞ.'ũ2.1/1#2 ĝĔũ +ũ#-31 1ũ +ũ,(2,.Ĕũ -.ũ2#ũ/#1!( #-ũ, +.2ũ.+.1#2Ĕũ-(ũ,.2! 2Ĕũ -(ũ% ++(- 9.2Ĕũ#2ũ4-ũ%1 -ũ) 1"~-Ĕũ4-ũ+4% 1ũ "($#1#-3#Ĕũ8ũ2(-ũ!.-3 ,(- !(¢-ēũ
'.8.ũ
#-.2ũ $#!3 ".2
¡ ēũ 42! -ũ"#2 / 1#!#1ũ#+ũ31 ).ũ"#ũ-( .2ũ8ũ ".+#2!#-3#ũ#-ũ+.2ũ 241 +#2ē
ŋ ŋ ŋ
11 "(! !(¢-ũ "#+ũ31 ).ũ (-$ -3(+ũ#-ũ +.2ũ 241 ı +#2ēũ 4#- ũ #ũ 3(#-#ũ#+ũ,#).1ũ 31 3 ,(#-3.ē 1" -#3
23;ũ#-ũ1#/ 1 !(¢ũ .ũ#7(23#ũ-(-%Ì-ũ-( .ũ#-ũ 241 +#2ēũ #ũ ŗ!4#-3 ũ!.-ũ4- ũ.1"#- -9 ũ/ 1 ũ
ŗũ 7(23#ũ4-ũ%4 1"( ũ 4-(!(/ +Ĕũ#7(23~ ũũ#+ũ ¢34+.ũ/#1.ũ242ũ 2#2ũ$4#1.-ũ1. " 2ũ8ũ 2(%4#ũ#-ũ1#/ 1 !(¢-
WY[h kd h[# fehjW`[ ieXh[ bei XWikhWb[i de [i cko fbWY[dj[he" f[he YkWdZe i[ jhWjW Z[ _h jhWi [b h[iYWj[ Z[ bei d_ ei" d_ Wi o ck`[h[i [cXWhWpWZWi o Z[ bWi f[hiedWi WZkbjWi gk[ l_l[d Z[ [ijW WYj_l_ZWZ" fWhW gk[ j[d]Wd kd jhW# XW`e Z_]de" [i ]hWdZ_eie$
O c|i _cfehjWdj[ YkWdZe bWi _dij_jkY_ed[i i[ Yecfhec[j[d
+#-04#
23;ũ#-ũ, + 2ũ!.-"(!(.-#2 #ũ#-!.-31¢ũ ũ4- ũ/ 1#) ũ"#ũ#2/.2.2ũ ŗũ 1#!(!+ -".Ĕũ8ũ!.,#-3 -ũ04#ũ3(#-#-ũ".2ũ
'().2ũ04#ũ2.-ũ%#,#+.2ũ , .2ũ 2(23#-ũ +ũ .3 "#1.ũ"#ũ, -#1 ũ#2/.1;"(! ũ ũ1# +(9 1ũ #+ũ31 ).ũ"#ũ1#!(!+ )#Ĕũ ũ/#2 1ũ04#ũ-.ũ2#ũ . 2#15¢ũ ũ-(-%Ì-ũ-( .ũ#-ũ#23.2ũ,.,#-3.2ũ #-ũ#+ũ 241 +ēũ 7(23#ũ.1"#- -9 ũ8ũ3(#-#ũ4-ũ 1¢34+.ũ,48ũ/#04# .ũ04#ũ-.ũ2#ũ5(2( (+(9 ũ #+ũ,#-2 )#ũ"#ũ2#-2( (+(9 !(¢-ũ' !( ũ+ ũ !.,4-(" "ũ8ũ#23;ũ#-ũ, + 2ũ!.-"(!(.-#2ũ 04#ũ1#04(#1#ũ4-ũ! , (.ũ41%#-3#ē ũ
W jhWXW`Wh kd_ZWi" [d [ij[ YWie" [d Bei H ei i[ ^Wd kd_Ze _dij_# jkY_ed[i Yece0 C_d_ij[h_e Z[ ?dYbki_ d ;Yed c_YW o IeY_Wb C?;IÄ?D<7" C_d_ij[h_e Z[ H[# bWY_ed[i BWXehWb[i" ]eX_[hdei ckd_Y_fWb[i Yed bWi @kdjWi Z[ Fhej[YY_ d Z[ :[h[Y^ei o C_d_i# j[h_e Z[ ;ZkYWY_ d$
(-!#2
(-ũ+#31#1.2ũ/1.'( (3(5.2 ũ +ũ 241 +ũ-.ũ3(#-#ũ!#11 ,(#-3.ēũ #ũ ŗ#-!.-31¢ũ ũ4- ũ/#12.- ũ "4+3 ũ1#!(!+ -".ē
+ũ +! +"#ũ1#2/.-2 (+(9¢ũ +ũ #!1#3 1(.ũ "#+ũ .-!#).ũ -3.- +ũ"#ũ+ ũ ( #9ũ8ũ ".ı +#2!#-!( ũ"#+ũ2#%4(,(#-3.ũ8ũ,.-(3.1#.ũ !.-3(-4.ũ +ũ 241 +ũ8ũ"#ũ#)#!43 1ũ#+ũ1¢34+.ũ "#ũ ēũ .ũ3(#-#ũ%4 1"(;-Ĕũ ũ/#2 1ũ04#ũ#+ũ 4-(!(/(.ũ1#ă#1#ũ04#ũ3(#-#ũ4-ũ%4 1"( ũ#+ũ !4 +ũ-.ũ2#ũ+.ũ#-!.-31¢ũ#-ũ#+ũ2#%4(,(#-3.ēũ .ũ3(#-#ũ+#31#1.ũ(-$.1, 3(5.ũ"#ũ+ 2ũ/1.ı '( (!(.-#2
(-ũ!#11 ,(#-3. ũ .ũ2#ũ#-!.-31¢ũ-( .2ũ#-ũ#+ũ 241 +ēũ ŗ .2##ũ4-ũ+#31#1.ũ4 (! ".ũ/.1ũ#+ũ ũ
+#-!(
2(23#-ũ-( .2 ũ 7(23#ũ.1"#- -9 Ĕũ' 8ũ4-ũ+#31#1.ũ04#ũ ŗ!.,4-(! ũ+ ũ/1.'( (!(¢-ũ"#+ũ(-%1#2.ũ ũ
-( .2Ĕũ-( 2ũ8ũ ".+#2!#-3#2ēũ .ũ#7(23#ũ !#11 ,(#-3.ēũ (#-#ũ%4 1"(;-ũ04#ũ#23 ũ 42#-3#ũ#-ũ#+ũ"~ ũ"#+ũ2#%4(,(#-3.ēũ #ũ #-!.-31 1.-ũ ũ".2ũ-( .2ũ#-ũ#+ũ 241 +ũ8ũ "#ũ(-,#"( 3.ũ#+ũ ı ũ8ũ Ĕũũ'(9.ũ !.-.!#1ũ+ ũ2(34 !(¢-ũũ ũ+ ũ 4-3 ũ -3.- +ũ "#ũ 1.3#!!(¢-ũ"#ũ #1#!'.2ũ"#ũ +#-!( ēũ #ũ . 2#15¢ũ ũĊũ/#12.- 2ũ "4+3 2ũ1#!(!+ -".ũ 8ũ2#ũ/1#24,#ũ04#ũ+.2ũ-( .2ũ. 2#15 ".2ũ 2.-ũ'().2ũ"#ũ#++.2Ĕũ-.ũ2#ũ3(#-#-ũ(-$.1, !(¢-ũ 2#%41 ũ/.104#ũ2#ũ$4#1.-ũ#-2#%4(" ũ04#ũ -.2ũ5(#1.-ē
.-3 +5.ũ
#) -.ũ8ũ"(2/#12. ũ .! ũ !!#2( (+(" "ũ5#'(!4+ 1Ĕũ#+ũ+4% 1ũ#2ũ ŗ,48ũ"(2/#12.ũ8ũ+#) - ēũ #ũ#-!.-31¢ũ/#12.ı
- 2ũ "4+3 2ũ#-ũ+ ũ+ .1ũ"#+ũ1#!(!+ )#ēũ .ũ2#ũ . 2#15¢ũ-( .2ũĵ 2ũ ".+#2!#-3#2ũ+ .1 -".ē .,#-3 -ũ+ 2ũ/#12.- 2ũ04#ũ#-ũ#2#ũ ,.,#-3.ũ2#ũ#-!.-31 -ũ1#!(!+ -".ũ04#ũ ũ/ 13(1ũ"#ũ+ 2ũĈĎĖććũ8ũũĈďĖććũ2#ũ !#1! -ũ -( .2ũ8ũ ".+#2!#-3#2ũ04#ũ -" -ũ"# ,ı 4+ -".ũ/.1ũ#2 ũ9.- ũ ũ1#!.%#1ũ. )#3.2ũ !.,.ũ1./ ũ8ũ)4%4#3#2ũ8ũ' !#1ũ" .2ũ8ũ /1#)4(!(.2ũ#-ũ+.ũ04#ũ#++.2ũ"#) -ũ1#!(!+ ".Ĕũ / 1 ũ+.ũ!4 +ũ2#ũ!..1"(- 1;ũ!.-ũ+ 2ũ3_!-(! 2ũ "#+ũ ũ ũ ı ũ1#2/.-2 +#ũ"#+ũ ! -3¢-ũ/ 1 ũ#+ũ1#2/#!3(5.ũ2#%4(,(#-3.ēũ
#-ũ".-"#ũ/1.'~ #ũ#+ũ(-%1#2.ũ"#ũ-( .2ũ +ũ 241 +ēũ 4#-3 ũ!.-ũ4-ũ%4 1"( ũ,4-(!(/ +
ŗũ ũ .ũ#7(23#ũ!#11 ,(#-3.ēũ 7(23#ũ.1"#- -9
4#5#".
2(23#-ũ ".+#2!#-3#2 ũ 7(23#ũ.1"#- -9 Ĕũ' 8ũ".2ũũ+#31#1.2ũ04#ũ ŗ!.,4-(! -ũ+ ũ/1.'( (!(¢-ũ"#+ũ(-%1#2.ũ ũ -( .2Ĕũ-( 2ũ8ũ ".+#2!#-3#2ēũ .ũ#7(23#ũ !#11 ,(#-3.ēũ (#-#ũ%4 1"(;-ē #12.- 2ũ04#ũ+ .1 -ũ"(!#-ũ04#ũ 2(23#-ũ #5#-34 +,#-3#ũ ".+#2!#-3#2ũ ũ1# +(9 1ũ 3 1# 2ũ"#ũ1#!(!+ )#ũ+.2ũ"~ 2ũ".,(-%.2ē
;djh[ iki h[iebkY_ed[i i[ Wdej gk[ bei Ckd_Y_f_ei Z[X[d Xh_dZWh W bei fWZh[i Z[ \Wc_b_W kd jhWXW`e eh]Wd_pWZe" fhej[]_# Ze" i_d gk[ j[d]Wd gk[ bb[lWh W bei d_ ei W [ij[ bk]Wh" o fk[ZWd WYY[Z[h W bW [ZkYWY_ d$
ũ -ũ#23#ũ! 2.ũ#-!.-31 ,.2ũ/.!.2ũ-( .2Ĕũ ŗ-( 2ũ8ũ ".+#2!#-3#2ũ31 ) -".ũ#-ũ+.2ũ 241 +#2Ĕũ/.1ũ+.ũ04#ũ/."#,.2ũ"#!(1ũũ 04#ũ#2ũ4- ũ"#ũ+ 2ũ,#-.2ũ $#!3 " 2ēũġ (-ũ #, 1%.Ĕũ-.ũ"# #,.2ũ"#2!4(" 1-.2Ĕũ #23 ,.2ũ#-ũ!.-23 -3#ũ .-(3.1#.ĢĔũ 2#%41 ũ _2 1ũ ,/.5#1"#Ĕũ"(1#!3.1ũ"#+ũ -$ ũIJ .2ũ ~.2ē ũ
#-3 - 2
2ũ!.-23 -3#,#-3#ũ,.-(3.1# ". ũ "#-3(ă! !(¢-ũ"#ũ ũ#-ũ 241 +#2ũ .ũ ŗ#7(23#ũ-(-%Ì-ũ-( .ũ#-ũ 241 +#2ē
7(23#ũ 4 1"( ũ 4-(!(/ +Ĕũ2#ũ!4#-3 ũ!.-ũ !#11 ,(#-3.ēũ 4#ũ /1. " ũ4- ũ.1"#- -9 ũ / 1 ũ+ ũ ēũ 7(23#ũũ#+ũ ¢34+.ũ (#-ũ%1 -"#ũ 8ũ#2/#!(ă!.Ĕũ "#,;2ũ#7(23#ũ#+ũ/1.8#!3.ũ"#ũ 1#++#-.ũ2 -(3 1(.ēũ 7(23#ũ!.-23 -3#2ũ,.-(ı 3.1#.2ũ +ũ 241 +ũ#-ũ!.,/ ~ ũ"#ũ/#12.- +ũ ,4-(!(/ +Ĕũ Ĕũ ũ8ũ (#2ı -$ ē
Ĺ? Ĺ?
Ĺ?
Ĺ? ƒ Ĺ?Ä‡ÄĄÄ Ä
§ ć
Ŋ1 9¢-Ŋ2#Ŋ - Ŋ"#2%1 !( Ŋ !.,/.-#Ŋ"#Ŋ 5 Ŋ2(#,/1#Ŋ 5#1" "#2Ŋ /(2 -".Ŋ+ 2Ŋ 04#Ŋ' 8Ŋ04#Ŋ"#!(1Ŋ 1./ 2Ŋ"#Ŋ.31 ĖŊ3 -Ŋ 8Ŋ5#1" "#2Ŋ04#Ŋ (-,#"( 3 2Ŋ ' 8Ŋ04#Ŋ! ++ 1Ģ ! ,(- -ĢēŊ
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
ĹŠ ĹŠ ĹŠÄ¸ÄˆÄ?ÄŽÄŠÄąÄˆÄ‘Ä‡ÄˆÄšĹŠ
Ĺ?ĀĈĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ? Ĺ? ƒ
ĹŠ ^ Ä“
ĹŠ ĹŠ
Ä # #,.2ĹŠ,#-3(1Ä&#x;ĹŠ
Bei Z_h[Yjeh[i cƒZ_Yei Z[ bei ^eif_jWb[i f‘Xb_Yei bei Z[i_]dW bW C_d_ijhW Z[ IWbkZ$ ?]kWb i[ Z[i_]dW Wb :_h[Yjeh Z[b >eif_jWb Z[ bWi <k[hpWi 7hcWZWi feh [b 9ecWdZe 9ed`kdje o Wb :_h[Yjeh Z[b >eif_jWb Z[ bW Feb_Y‡W [b C_# d_ijhe Z[b ?dj[h_eh$ ;b :_h[Yjeh Z[b >eif_jWb Z[ bW Feb_Y‡W" W gk_[d [b Fh[i_Z[dj[ jhWjÂŒ ]hei[hWc[dj[" \k[ decXhWZe feh [b c_d_ijhe @Wba feh i[h kd ^ecXh[ Z[ ik YedĂ’ WdpW$ Gk_p| [b Fh[i_Z[dj[ Z[iYedeY[ gk[ bei cƒZ_Yei ^WY[cei kd `khWc[dje o [ijkZ_Wcei lW# h_Wi Y|j[ZhWi Z[ ƒj_YW cƒZ_YW ZedZ[ i[ dei [di[‹W W gk[ de Z[X[cei c[dj_h e [d]W‹Wh$ ;b :_h[Yjeh Z[b >eif_jWb Z[ bW Feb_Y‡W ^W hWj_Ă’ YWZe gk[ [b Fh[i_Z[dj[ dkdYW [ijkle i[Yk[ijhWZe$ ;b Fh[i_Z[dj[ dei Z_Y[ ikXb_c_dWbc[dj[ gk[ YkWdZe i[ jhWj[ Z[ WYedj[Y_# c_[djei gk[ W\[Yj[d W ƒb e W bW H[lebkY_ÂŒd Z[X[cei c[dj_h$ 1ēŊ (;-ĹŠ 4 1"#1 2ĹŠ ()¢ Ä–ĹŠÄˆÄ?ćÄ?đĎĊĊÄ?Ä’
,/ 1.ĹŠ
;i hWf_Z[p Z[ bW @k[pW gk[ YedeY_ÂŒ [b h[Ykhie Z[ 7cfWhe 9edij_jkY_edWb [d YedjhW Z[ bW YWZ[dW Z[ hWZ_e o j[b[l_i_ÂŒd _cfk[ijW feh [b =eX_[hde [b )& Z[ i[fj_[cXh[$ D[]ÂŒ [b h[Ykhie Wh]kc[djWdZe gk[ ÆWkdgk[ i[ lkbd[hÂŒ [b Z[h[Y^e W bW _d\ehcWY_ÂŒd ^WX‡W ejhei Z[h[Y^ei o Z[X[h[i gk[ [hWd c|i _cfehjWdj[i Yece cWd# j[d[h bW i[]kh_ZWZ o bW Z[ce# YhWY_WÇ$ Âľ:[ gkƒ \ehcW kdW YWZ[dW dWY_edWb fk[Z[ cWd# j[d[h [b Z[h[Y^e W bW i[]kh_# ZWZ5 ÂľCWdj[d[h bW Z[ceYhW# Y_W i[Yk[ijhWdZe [b Z[h[Y^e W bW b_X[hjWZ Z[ _d\ehcWY_ÂŒd5 BW Z[ceYhWY_W de [i [b ]eX_[hde Z[ bei l[dY[Zeh[i [d bWi khdWi YedjhW bei Æf[hZ[Zeh[iÇ" [i [b ]eX_[hde Z[ jeZe [b fk[Xbe$ D_ bei feXh[i ied Xk[dei d_ bei h_Yei cWbei o l_Y[l[hiW$ ;b ;`[Ykj_le de j_[d[ YWc_i[jW fWhj_ZWh_W c|i gk[ [b Yebeh Z[ bW XWdZ[hW dWY_edWb$ (-(!(.ĹŠ .11#2ĹŠ + 9 1ĹŠ Ä–ĹŠÄˆÄ?ĈĉĊÄ?Ä’Ä?ĒĈ 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#+_$.-.ĹŠÄ¸ÄƒĹŠ).ĚėŊ"(1#!!(¢-ĹŠ".,(!(+( 1( ĹŠ .ĹŠ"#ĹŠ31 ).ĹŠ8ĹŠ!.11#.ĹŠ#+#!31¢-(!.Ä“
Ĺ‹ ;b * Z[ del_[cXh[ Z[ (&&." [b Z[cÂŒYhWjW 8WhWYa EXWcW ]WdÂŒ bWi [b[YY_ed[i o i[ Yedl_h# j_ÂŒ [d [b fh_c[h Fh[i_Z[dj[ d[]he Z[ bei ;ijWZei Kd_Zei$ 7^ehW" Yed bei h[ikbjWZei Z[ bei Yec_Y_ei Z[b cWhj[i fWhW h[delWh bW jejWb_ZWZ Z[ bW 9|cWhW Z[ H[fh[i[djWdj[i o kd j[hY_e Z[b I[dWZe" [b CWdZWjWh_e WYWXW Z[ h[Y_X_h kdW l[hZWZ[hW fWb_pW$ ;b FWhj_Ze H[fkXb_YWde Wkc[djÂŒ iki [iYW‹ei [d bW 9|cWhW" [b c[`eh h[ikbjWZe [d ,& W‹ei gk[ WZ[c|i b[ ejeh]W [b Yedjheb WXiebkje Z[ bW YehfehWY_ÂŒd gk[ j_[d[ W ik YWh]e bW Z[\_d_Y_ÂŒd Z[b ]Wije f‘Xb_Ye$ O jWcX_ƒd Yedi_]k_ÂŒ Y_dYe i[dWZeh[i c|i" Yed be YkWb Z_\_YkbjWh| bW jecW Z[ Z[Y_i_ed[i W bei Z[cÂŒYhWjWi$ Gk_p|i W EXWcW" W gk_[d de feYei WYkiWd Z[ _pgk_[hZ_ijW [d kd fW‡i WYeijkcXhWZe W bW
^ĹŠ ĹŠ
,ðŋ&Ĺ‹ &Ĺ‹ * &/+/ ,) ;b I[‹eh CW[ijhe Z[ JWbb[h [d bW HWcW 7hj[iWdWb Z[ F[bkgk[h‡W [i kd I[‹eh CW[ijhe Yed lWijW [nf[# h_[dY_W fhe\[i_edWb" Yed [ij_be fhe# f_e [d ik cWd[hW Z[ jhWjWh cko WYh_iebWZW W ik Z_ij_d]k_ZW Yb_[dj[# bW" W bW YkWb i[ Z[X[ W ik fhe\[i_ÂŒd WXd[]WZW" Z[ jeZei bei Z‡Wi" i_d Z[iYWdie f[he Yed ckY^e [ic[he o Z[Z_YWY_ÂŒd iWYh_\_YWZW0 c[`ehW bW f[hiedWb_ZWZ Z[b Yb_[dj[$ ;b CW[ijhe [d ik JWbb[h Z[ F[bkgk[h‡W [i cko \_de [d [b jhWje" h[Wb_pW ik bWXeh fkb_ZW W bW f[h\[Y# Y_ÂŒd" Yed ckY^W Z[b_YWZ[pW" Yed#
Z[h[Y^W" fk[Z[ Yh_j_Y|hi[b[ ik WfWh[dj[ \WbjW Z[ b_Z[hWp]e" e be gk[ Wb]kdei YWb_\_YWd Yece bW Z_ijWdY_W Yh[Y_[dj[ [djh[ be gk[ [b =eX_[hde ^WY[ o bei Y_kZWZWdei f[hY_X[d$ BW h[Wb_ZWZ" Z[ jeZei ceZei" [i gk[ Z[ifkƒi Z[ l_l_h W‹ei Z[ [ifb[dZeh" bei ;ijWZei Kd_Zei WjhWl_[iWd feh kdW Yh_i_i fhe\kdZW [d ik [Ye# dec‡W o [d bWi \_dWdpWi f‘Xb_YWi$ O" Yece [hW fh[l_i_Xb[" [b fh_c[h h[\b[`e i[ fheZk`e [d bW feb‡j_YW" ZedZ[ bW Z[Y[fY_ÂŒd [i fh[Zec_dWdj[ o i[ ^WXbW Z[ kd leje Z[ YWij_]e W bei Z[cÂŒYhWjWi o ik Fh[i_Z[dj[$ EjhW i[h|" [djedY[i" bW [ijhkYjkhW Z[ feZ[h [d MWi^_d]jed$ ÆBW ][dj[ [ij| fhe\kdZWc[dj[ \hkijhWZWÇ" h[YedeY_ÂŒ EXWcW" Wb Yec[djWh [b h[ikbjWZe [ _dl_jÂŒ W bei h[fkXb_YWdei W YebWXehWh fWhW ikf[# hWh bW _dY[hj_ZkcXh[$ BW fh[]kdjW [i i_ feZh| be]hWhbe [d bei Zei W‹ei gk[ b[ gk[ZWd$
Y[djhWY_Œd o kdW fkh[pW leYWY_Œd [d ik jhWXW`e Z_Wh_e" Z[ YehjWh [b YWX[bbe [d ikcW fWY_[dY_W o Yk_# ZWZe YkWdZe j_[d[ gk[ Wj[dZ[h W bei d_‹ei _dgk_[jei" W bei YkWb[i bei YWbcW Yed ikcW jeb[hWdY_W" i_d cWbjhWjWhbei [d d_d]‘d _dijWdj[" gk[ bei j_[d[ i[djWZei" W YWZW kde [d [b i_bbŒd Z[ f[bkgk[h‡W" Wfhef_W# Ze Wb d_‹e$ 9ed dk[ijhW fh[i[dY_W _cf[YWXb[" X_[d l[ij_Zei" Wi[WZei o Yk_ZWZe f[hiedWb Yehh[Yje" i_d Z[iYk_ZWh [b cWi c‡d_ce Z[jWbb[" [iW [i bW fh[i[djWY_Œd Z[ kd Xk[d cW[ijhe Z[ f[bkgk[h‡W" gk[ jhWi\ehcW Yed iki cWdei ^|X_b[i" Yed Whj[ \_de o jƒYd_YW Z[fkhWZW" Wb ^ecXh[" [d kd Wfk[ije YWXWbb[he" o W bW ZWcW" [d kdW h[if[jWXb[ ck`[h" Yed WjhWY# j_lei gk[ [n_][ bW ƒfeYW ceZ[hdW WYjkWb" Z[ bW F[bkgk[h‡W C_b[dWh_W Z[ 7bje ;ij_be$ ;b i[‹eh cW[ijhe f[bkgk[he i[ Z[i# jWYW feh i[h Ykcfb_Ze fhe\[i_edWb" [d ik hWcW" [d [b Z[iWhhebbe o fhe#
Y[Z_c_[dje WZ[YkWZe" Wb fh[fWhWh Yed Wdj_Y_fWY_Œd Wb Yb_[dj[" fWhW [b[lWh ik [ijWZe Z[ |d_ce" fWhW \ehcWh kd Yb_cW Z[ Wc_ijWZ Yed Whced‡W [djh[ [b [ij_b_ijW o [b Yb_[d# j[" [b c_ice gk[ iWb[ iWj_i\[Y^e$ BW f[bkgk[h‡W [d [b ;YkWZeh [i Z[ Fh_c[hW 9bWi[" [ij| [d fh_c[# hW b‡d[W Yece HWcW 7hj[iWdWb CeZ[hdW" Z[ kdW fhe\[i_Œd Z[ i[h# l_Y_e Yecfb[je" [b Yb_[dj[ fW]W" feh [b i[hl_Y_e Ykcfb_Ze o h[Y_X_Ze Z[ cWdei [nf[hjWi" Yed kd WYWXWZe f[h\[Yje" Yece eXhW Z[ Whj[ fkb_Ze" Wb _dijWdj[" dkdYW be Z[`Wd W c[Z_e ZWbb[0 gk[ZW W ]kije o Yedj[dje$ ;b Whj[iWdWZe [d bW HWcW Fhe\[i_edWb Z[ F[bkgk[h‡W [ij| h[fh[i[djWZe feh kdW [dj_ZWZ `kh‡Z_YW Yece CWjh_p DWY_edWb0 <[ZWhWY_ed dWY_edWb Z[ f[bkgk[# hei o X[bb[pW Z[b ;YkWZeh" Yedi# jhk_ZWi feh ]h[c_ei eh]Wd_pWZei" Yed l_ZW `kh‡Z_YW" Z[ f[bkgk[h‡W" X[bb[pW o Yed[nei Z[b ;YkWZeh" Yece <_b_Wb[i$
ĹŠ : ĹŠ
)(),Ĺ‹3Ĺ‹ & &. ;ijWi fWbWXhWi i[ eo[d W c[dkZe Yece ]h_je Z[ XWjWbbW o [ijWdZWhj[ Z[ dk[ijhWi <k[hpWi 7hcWZWi o Feb_Y_Wb[i" WXd[]WZei fWbWZ_d[i Z[ bW Z[\[diW Z[b ehZ[d ieY_Wb gk[ ckY^Wi l[Y[i ied _dYecfh[dZ_# Zei o l_b_f[dZ_WZei feh kd ;ijWZe _dZeb[dj[ o kdW ieY_[ZWZ gk[ de lWbehW [d ik h[Wb Z_c[di_ÂŒd bei h_[i]ei o f[iWh[i gk[ _cfb_YW ik ZkhW bWXeh$ F[he jWb[i _dYecfh[di_ed[i [ _d]hWj_jkZ[i ied bW XWi[ gk[ fh[# j[dZ[ `kij_\_YWh [b YecfehjWc_[d# je Yh_c_dWb _hh[ifediWXb[ o Wdj_# Z[ceYh|j_Ye Z[ Y_[hjei [b[c[djei gk[ Z[i^edhWd [b kd_\ehc[ o W ik `khWc[dje Z[ i[hl_Y_e1 feh ikfk[ije gk[ de" ^[Y^ei Yece bei eYkhh_Zei [b )& Z[ i[fj_[cXh[ iÂŒbe Z[iZ_Y[d Z[ dk[ijhW YedZ_Y_ÂŒd Z[ fW‡i Y_l_b_pWZe$ ;d d_d]‘d YWie bW Z[\[diW Z[ h[_# l_dZ_YWY_ed[i bWXehWb[i fk[Z[ i[h `kij_\_YWj_le fWhW Z[`Wh W bWi Y_kZWZ[i Yedl[hj_ZWi [d j_[hhW Z[ dWZ_[ W c[hY[Z Z[ kdW Z[b_d# Yk[dY_W Z[i[d\h[dWZW o Y‡d_YW gk[ Yece i[ eXi[hlÂŒ ZkhWdj[ bW Yh_i_i de [if[hW c|i gk[ kdW efehjkd_# ZWZ fWhW f[hf[jhWh jeZe j_fe Z[ Wjhef[bbei o bWjheY_d_ei WcfWhW# Zei [d bW _cfkd_ZWZ o bW \WbjW Z[ ]WhWdj‡Wi o i[]kh_ZWZ$ BW Feb_Y‡W ^W f[Z_Ze f‘Xb_YWi Z_i# YkbfWi Wb fW‡i o i[ ^W Yecfhec[# j_Ze W jhWXW`Wh Z[Y_Z_ZWc[dj[ feh h[^WY[h ik _cW][d _dij_jkY_edWb" deiejhei Yece ieY_[ZWZ [ijWcei [d bW eXb_]WY_ÂŒd Z[ WfeoWh [ij[ [cf[‹e" i_d [cXWh]e Z[X[cei h[_# j[hWh gk[ bWi \k[hpWi Z[b ehZ[d de ied kd i_dZ_YWje Z[ jhWXW`WZeh[i Yeckd[i" be gk[ _cfb_YW gk[ iki h[YbWcei Z[X[d i[h YWdWb_pWZei o [ijkZ_WZei Z[ cWd[hW [if[Y‡\_YW o fh_eh_jWh_W" bW \_]khW Z[ ^k[b]W de fk[Z[ i[h Yedi_Z[hWZW l_WXb[ [d kdW _dij_jkY_ÂŒd YkoW \kdY_ÂŒd fh_# cWh_W [i fh[Y_iWc[dj[ [b Yedjheb o bW Z[\[diW Z[b ehZ[d ieY_Wb$ ;b fW‡i [if[hW gk[ [b jhWXW`e o Yecfhec_ie i_dY[he Yed bW FWjh_W i[W [b \Whe ]k‡W Z[ kdW Feb_Y‡W o kdWi <k[hpWi 7hcWZWi h[Z_# c_ZWi o fWjh_ÂŒj_YWi Yed ^edeh o Z_iY_fb_dW$
1#2("#-3#ĹŠ !(.- + ĹŠ ĹŠ } (1#!3.1 : ĹŠ "(3.1 ĹŠ #-#1 +
ĹŠ ÂĄ ĹŠ "(3.1ĹŠ #%(.- + ĹŠ "(!#-31 +ĹŠ Ä“ Ä“ (1#!!(¢-ĹŠ 4#5#".Ä–ĹŠ 5ēŊ 4-#ĹŠ 49,;-ĹŠ"#ĹŠ .13_2ĹŠĹ’ĹŠÄ?ÄˆÄˆĹŠ #+_$.-.2ĖŊĉÄ?Ä?ÄąÄ‡ÄŽÄŒÄ‡ĹŠÄľĹŠÄ‰Ä?Ä?ÄąÄ‡ÄŽÄŒÄˆ , (+Ä–ĹŠ04#5#".Äž+ '.1 Ä“!.,Ä“#! (1#!!(¢-ĹŠ '.8.Ä–ĹŠ 5Ä“ĹŠÄˆÄ‡ĹŠ"#ĹŠ %.23.ĹŠĹ’ĹŠÄ‘ÄŠÄˆĹŠ8ĹŠ +.8ĹŠ +$ 1. #+_$.-.ĖŊĉÄ?ÄŠÄąÄ?đđÄ?ĹŠ , (+Ä–ĹŠ '.8.Äž+ '.1 Ä“!.,Ä“#!  .Ä–ĹŠ ĹŠĹŠ .Ä“ĹŠÄŽÄ‡ÄŒÄ‰
666ē+ '.1 ē!.,ē#! 23 Ŋ2#!!(¢-Ŋ1#/1#2#-3 Ŋ#+Ŋ/#-2 ,(#-3.Ŋ"#Ŋ+.2Ŋ#"(3.1#2ēŊ .2Ŋ#2!1(3.2Ŋ "#Ŋ+.2Ŋ!.+ .1 ".1#2Ŋ2¢+.Ŋ!.,/1.,#3#-Ŋ Ŋ242Ŋ 43.1#2Ŋ8Ŋ-.Ŋ1#ĄŊ#) -Ŋ -#!#2 1( ,#-3#Ŋ#+Ŋ/#-2 ,(#-3.Ŋ"#+Ŋ/#1(¢"(!.ē
),Ĺ‹"#-.),# Ĺ‹ .#& Ĺ‹ -." ,Ĺ‹ -Ĺ‹ Ĺ‹ )-Ĺ‹ v)-
Ĺ?
Ĺ? ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ? Ĺ? ƒ
Ĉ
43.1(" "#2ĹŠ2#ĹŠ1#ĂŒ-#-ĹŠ/ 1 ĹŠ"#$#-"#1ĹŠ ĹŠ /. + ".ēŊ 1#$#!3.ĹŠ/("#ĹŠ04#ĹŠ -% ĹŠ"#+ĹŠ 41 ĹŠ2#ĹŠ!.-2("#1#ĹŠ/ 1 ĹŠ .2ĹŠ ~.2Ä“
.2(!(¢-Ŋ
;b fh[\[Yje CWhYe JheoW cWd_# \[ijÂŒ gk[ ÆZ[X[cei j[d[h kdW fei_Y_ÂŒd cWZkhW" i[diWjW" f[he Ă’hc[$ LWcei W Z[\[dZ[h be gk[ b[]Wbc[dj[ dei Yehh[ifedZ[" be gk[ `kh‡Z_YWc[dj[ [i Z[ Bei H‡ei$ I_ Wb]e ^Wd ^[Y^e" Yedijhk_Ze kdW YWdY^_jW e Wb]kdW ejhW c[# `ehW" be gk[ ^Wh[cei [i ZWhb[ kd h[YedeY_c_[dje [djh[]|dZeb[i kdW fbWYW [d Wb]‘d WYjeÇ" [d\W# j_pÂŒ JheoW ZkhWdj[ [b Z[iWhhebbe Z[ bW h[kd_ÂŒd$ ÆIed WXikhZei gk[ W l[Y[i i[ gk_[h[ WXkiWh Z[ kd ikfk[ije fe# Z[h" be gk[ c|i ceb[ijW [i Yh[[h gk[ fehgk[ j_[d[d kdW cWoeh‡W Z[ WiWcXb[‡ijWi i[ gk_[h[d _h [d YedjhW Z[ fhel_dY_Wi f[gk[‹WiÇ$ ĂˆJWcX_ƒd [n_]_cei W bWi Wkje# h_ZWZ[i Z[b ?D;9 gk[ ZkhWdj[ [b fheY[ie Z[b Y[die Z[ feXbWY_ÂŒd gk[ i[ lW W h[Wb_pWh [d [b fW‡i" i[ h[if[j[ bei b‡c_j[i Z[ dk[ijhW fhel_dY_W gk[ [ij|d [ijWXb[Y_# ZeiÇ" Z_`e [b fh[\[Yje$ Bei jh[i WiWcXb[‡ijWi0 =Wbe BWhW" EcWh @k[p o C[hY[Z[i L_bbWYhƒi Ye_dY_Z[d [d WfeoWh bW fhefk[ijW gk[ de f[hc_jW kdW YedikbjW fefkbWh [d CWj_bZ[ ;i# j^[h$ ;d jWdje" i‡ f[Z_h|d gk[ bW Y_kZWZWd‡W Z[ bW CWd]W Z[b 9khW [iYe`W W ZÂŒdZ[ f[hj[d[Y[h" i_ W CWdWX‡" =kWoWi e Bei H‡ei$
3.2
~,(3#2ĔŊ/. + !(¢-Ŋ8Ŋ#73#-2(¢Ŋ +Ŋ1#!(-3.Ŋ 3(+"#Ŋ 23'#1Ŋ#23;Ŋ4 (! ".Ŋ ŗ#-31#Ŋ+.2Ŋ+~,(3#2Ŋ!.-Ŋ+ 2Ŋ/1.5(-!( 2Ŋ"#Ŋ
4 8 2ĹŠ .2ĹŠ ~.2ĹŠ8ĹŠ .+~5 1ĔŊ3#-(#-".ĹŠ4- ĹŠ "(23 -!( ĹŠ' !( ĹŠ#+ĹŠ! -3¢-ĹŠ 4! 8ĹŠ"#ĹŠÄˆÄ‘ĹŠ*(+¢Ĺ ,#31.2ĔŊ ĹŠ 3 ĹŠ"#ĹŠ ! .ŊĉĉŊ*(+¢,#31.2ĹŠ8ĹŠ ĹŠ '.8.ŊĎĉŊ*(+¢,#31.2Ä“ ĹŠ (#-#ĹŠ4- ĹŠ/. + !(¢-ĹŠ /1.7(, " ĹŠ"#ĹŠĹŠ ŗđćććŊ' (3 -3#2ĹŠĹŠ8ŊŊĉćŊ1#!(-3.2 ĹŠ +ĹŠ/1#$#!3.ĹŠ"#ĹŠ .2ĹŠ ~.2ĹŠ -4-!(¢Ŋ4-ĹŠ(-5#1Äą Ĺ—2(¢-ĹŠ"#ĹŠ31#2ĹŠ,(++.-#2ĹŠ"#ĹŠ"¢+ 1#2ēŊ ĹŠ +ĹŠ2#!3.1ĹŠ"#ĹŠ+ ĹŠ -% ĹŠ"#+ĹŠ 41 ĹŠ(1;ĹŠ ĹŠ Ĺ—!.-24+3 ĹŠ/./4+ 1ĹŠ/ 1 ĹŠ"#!("(1ĹŠ2(ĹŠ04#" ĹŠ#-ĹŠ
4 8 2ĹŠ.ĹŠ#-ĹŠ - ~ĔŊ2#%ĂŒ-ĹŠ#+ĹŠ/1#$#!3.ĹŠ"#+ĹŠ 4 8 2ĔŊ (,,8ĹŠ (1 + Ä“ +ĹŠ/1#$#!3.ĹŠ"#ĹŠ .2ĹŠ ~.2ĔŊ 1!.ĹŠ 1.8 ĔŊ/("#ĹŠ 04#ĹŠ#-ĹŠ+ ĹŠ!.-24+3 ĹŠ2#ĹŠ!.-2("#1#ĹŠ .2ĹŠ ~.2ĹŠ !.,.ĹŠ./!(¢-ĹŠ8 ĹŠ04#ĹŠ' ĹŠ2(".ĹŠ+ ĹŠ/1.5(-!( ĹŠ 04#ĹŠ2(#,/1#ĹŠ' ĹŠ".3 ".ĹŠ"#ĹŠ+.2ĹŠ2#15(!(.2ĔŊ
ĹŠ .,(2(¢-ĹŠ"#ĹŠ ~,(3#2ĹŠ -3#1-.2ĹŠ"#ĹŠ+ ĹŠ #/ĂŒ +(! Ŋĸ #+(1ĚĔŊ2#ĹŠ' ĹŠ54#+3.ĹŠ4- ĹŠ/#2 Äą "(++ ĹŠ/ 1 ĹŠ,4!' 2ĹŠ/1.5(-!( 2Ä“
+ĹŠ/. + ".
CWj_bZ[ ;ij^[h [i kd i[Yjeh kX_# YWZe [d kd fkdje ][e]h|\_Ye ZedZ[ b_c_jWd bWi fhel_dY_Wi Z[ Bei H‡ei" =kWoWi o 8eb‡lWh" iki ^WX_jWdj[i l_l[d Z[ bW W]h_Ykbjk# hW o ]WdWZ[h‡W XW`e kd Yb_cW Z[ fWp o jhWdgk_b_ZWZ$ 7d‡XWb =WhY‡W 9^|l[p" fhe# \[ieh o fh[i_Z[dj[ Z[b 9ec_jƒ 9‡l_Ye Z[ CWj_bZ[ ;ij^[h" i[‹WbW gk[ oW [b h[Y_dje \k[ [b[lWZe W bW YWj[]eh‡W Z[ fWhhegk_W feh fWhj[ Z[ bW Ckd_Y_fWb_ZWZ Z[ 8WXW^e# oe kd ') Z[ i[fj_[cXh[ Z[b (&&- o hWj_Ă’YWZe feh [b =eX_[hde Fhe# l_dY_Wb Z[ Bei H‡ei [b '. Z[ eYjk# Xh[ Z[b c_ice W‹e" iebe \WbjW gk[ [d [b C_d_ij[h_e Z[ =eX_[hde i[ Zƒ [i[ WlWb fWhW gk[ i[W oW h[Ye# deY_ZW Yece fWhhegk_W Z[ Bei H‡ei$ ÆBe gk[ fWiW [i gk[ de ^W
ēŊ 3(+"#Ŋ 23'#1ŊŊ3(#-#Ŋ +Ŋ,#-.2ŊđŊ,(+Ŋ' (3 -3#2ĔŊ8Ŋ 4 8 2Ŋ/1#3#-"#Ŋ04#Ŋ/#13#-#9! Ŋ Ŋ24Ŋ/1.5(-!( ē
[n_ij_Ze bW Yeckd_YWY_ÂŒd fWhW gk[ [b h[Y_dje i[fW gk[ oW iecei fWhhegk_W Z[ Bei H‡ei o f_Z[d gk[ i[ Wj_[dZW Yed eXhWi gk[ i[ h[gk_[h[d Yece Whh[]bei Z[ YWc_dei" Wi\WbjWZe Z[ bW l‡W CW# j_bZ[ ;ij^[h Ă„ CWjW Z[ 9WYWe Æ " Z_`e =WhY‡W$ ;d [ij[ h[Y_dje i[ h[Wb_pWd Zei Ă’[ijWi fWjhedWb[i" bW gk[ ^WY[d bei Xeb_lWh[di[i h[i_Z[dj[i [d [b bk]Wh bei (' o (( Z[ `kb_e [d ^ec[# dW`[ W bW L_h][d Z[ bW CW]ZWb[dW o [b . Z[ :_Y_[cXh[ gk[ fWhj_Y_fW jeZe [b fk[Xbe [d ^edeh W bW fW# jhedW Z[b bk]Wh gk[ [i L_h][d Z[ BW ?dcWYkbWZW$ +#!!(.-#2
;d bW [b[YY_ed[i Z[b (&&( feh fh_c[hW l[p kdW C[iW Z[ ?d\eh# cWY_ÂŒd Z[b Jh_XkdWb Fhel_dY_Wb ;b[YjehWb Z[ Bei H‡ei Ă„JF;BH# bb[]ÂŒ W [ij[ h[Y_dje Yed [b Ă’d Z[
[cfWZhedWh W bei cehWZeh[i gk[" feh ckY^ei W‹ei" [d ƒfe# YW Z[ [b[YY_ed[i Z[X[d Z[ l_W`Wh i[Yjeh[i Z[ bWi fhel_dY_Wi Z[ 8e# b‡lWh" =kWoWi" 9^_cXehWpe$ Be]hWdZe [cfWZhedWh W )&. f[hiedWi" be YkWb Z_e eh_][d W bW _dijWbWY_ÂŒd Z[ Zei @kdjWi H[# Y[fjehWi Z[b Leje1 o [d bWi ‘bj_# cWi [b[YY_ed[i oW fWhj_Y_fWhed -&& [b[Yjeh[i$ 7d‡XWb =WhY‡W fh[Y_iÂŒ gk[ [d CWj_bZ[ ;ij^[h [n_ij[d kdei (&&& lejei h[]W# Zei [d i[Yjeh[i Yece IWd @eiƒ Z[b JWcXe Ă„8eb‡lWh# 9kcWdZ| Ă„9^_cXehWpe# o [d bei YWdjed[i Z[ C_bW]he " 8kYWb " DWhWd`_je o I_cÂŒd 8eb‡lWh Z[ bW fhel_dY_W Z[b =kWoWi $ :Wd_be 8Wij_ZWi" :_h[Yjeh Z[ bW ;iYk[bW <_iYWb >ehWY_e >_# Zhele" cWd_\[ijÂŒ gk[ [b h[Y_d# je [i Z[ ][dj[ cko jhWdgk_bW" ieb_ZWh_W o WcWXb[$
ēŊ -~ +Ŋ 1!~ ĔŊ/1#2(Ĺ "#-3#Ŋ"#1Ŋ+ Ŋ 4-3 Ŋ ~5(! Ŋ 2#%41 Ŋ04#Ŋ + Ŋ/ 11.04( Ŋ/#13#-#!#Ŋ Ŋ .2Ŋ ~.2ē
+)/)'#LC$
ĹŠ ěŊ ;d \ehcW kd|d_c[ Wkjeh_ZWZ[i Z[ Bei H‡ei i[ fhe# dkdY_Whed [d Z[\[diW Z[ CWj_bZ[ ;ij^[h" Yece fWhj[ Z[ bW fhel_d# Y_W Ă“kc_d[di[" [d kdW h[kd_ÂŒd cWdj[d_ZW bW deY^[ Z[b l_[hd[i [d bW fh[\[YjkhW Z[ Bei H‡ei$ ;d bW Y_jW fWhj_Y_fWhed bei WiWcXb[‡ijWi0 EcWh @k[p FW‡i " =Wbe BWhW o C[hY[Z[i L_bbWYhƒi Z[ IF 1 ;b fh[\[Yje" CWhYe Jhe# oW1 [b l_Y[fh[\[Yje" >ƒYjeh >kh# jWZe1 o bW WbYWbZ[iW Z[ 8WXW^eoe" A^WhbW 9^|l[p$ JeZei i[ ceijhWhed YedjhW# h_ei W bW fhefk[ijW Z[b Fh[\[Yje Z[b =kWoWi" @_cco @W_hWbW" gk_[d fh[j[dZ[ gk[ bW Yeckd_ZWZ Z[# Y_ZW W gk_ƒd f[hj[d[Y[h$ ÆCWj_b# Z[ ;ij^[h `kh‡Z_YWc[dj[ o feh ^_ijeh_W [i Z[ Bei H‡eiÇ" h[Ă’h_ÂŒ [b fh[\[Yje JheoW Wb fhefed[h W bei WiWcXb[‡ijWi gk[ de i[ f[h# c_jW kdW YedikbjW fefkbWh [d bW 7iWcXb[W DWY_edWb$ BW WbYWbZ[iW Z[ 8WXW^eoe" A^WhbW 9^|l[p" Z_`e gk[ bW fe# XbWY_ÂŒd iWX[ gk_ƒd[i ied o W gkƒ fhel_dY_W f[hj[d[Y[d$ H[YehZÂŒ gk[ bWi [b[YY_ed[i fefkbWh[i" [b 9edi[`e DWY_edWb ;b[YjehWb kX_YÂŒ Zei c[i[i o [bbei [b_]_[hed Wb Wb# YWbZ[ Z[ 8WXW^eoe Yece Wb fh[# \[Yje$ Æ7^ehW [ijWcei Wj[dZ_[d# Ze W bW Yeckd_ZWZ Yed Wi\WbjWZe Z[ YWbb[i o bWijhWZei Z[ l‡WiÇ" h[# Ă’h_ÂŒ 9^|l[p$
ĉ
ĀĈŏ ŏ ŏ ŏĂĀāĀ
ŏ +. ŏ ŏ
(1#ũ242ũ$.3.2ũ#-Ė 666ē+ '.1 ē!.,ē#!
-(5#12 1(.
ŋ /( # (ŋ ŋ -#-. ( # ŋ ŋ # )-ŋ )& - (. -ŋ3ŋ /&.)-ŋ )(ŋ #- * #Ě ŋ ŋ & ( # ŋĢ ( 0ģŋ & , ŋ &ŋ ŋ (#0 ,- ,#)ŋ ŋ /( # (Ą
4+( ũ 4#13#2Ĕũ + -! ũ"#ũ 4#13#2ũ8ũ 4+ +( ũ 9ē
-(3 ũ '(! (9 ũ8ũ 1(23(- ũ 4+ ēũ
#.".1.ũ #28ũ#ũ 2 #+ũ"#ũ .1#-.ē
1 !(#+ ũ 4#-3#2ũ8ũ #1!#"#2ũ ¢/#9ē
1 !(#+ ũ (+5 Ĕũ #+8ũ .-9;+#2ũ8ũ -(#+ũ !~ 2ē
+ 1 ũ , 1 -.ũ8ũ ,_1(! ũ"#ũ .-3 +5.ē
(+( -ũ 1~-ũ8ũ .2#+(-ũ 2.1(.ē
#13(- ũ 1 ! 8Ĕũ 2 #+ũ ;-!'#9ũ8ũ ,(- - ũ 1 ,(++.ē
1+ ũ .-11 " Ĕũ 13' ũ ;204#9ũ8ũ 4!1#!( ũ # '#11#1 ē
+3#1ũ 1~-Ĕũ .2 1(.ũ 2/(-.9 ũ8ũ #+( ũ 11(.ē
ƒ Ä
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ?
Ē ),, ŋ()ŋ */ ŋ #(0 -.#! ,- ŋ ŋ-vŋ'#-')ē
ĹŠ./.2(!(¢-ĹŠ)423(ÄƒĹŠ!¢Ŋ24ĹŠ/#"(".ĹŠ/ 1 ĹŠ 04#ĹŠ ĹŠ1# +(!#ĹŠ4- ĹŠ(-5#23(% !(¢-ĹŠ2.Äą 1#ĹŠ+.2ĹŠ'#!'.2ĹŠ"#+ŊĊćĹ Ä“ ;b i[Yjeh Z[ efei_Y_ÂŒd gk[ Z[# Y_Z_ÂŒ f[Z_h WokZW Wb 7bje 9e# c_i_edWZe fWhW bei :[h[Y^ei >kcWdei Z[ bW Eh]Wd_pWY_ÂŒd Z[ DWY_ed[i Kd_ZWi EDK " [d =_d[XhW" fWhW gk[ i[ _dl[ij_# ]k[d bei ^[Y^ei Z[b fWiWZe )&
Z[ i[fj_[cXh[" Yedi_Z[hW gk[ [b =eX_[hde Z[b fh[i_Z[dj[ HW\W[b 9ehh[W de fk[Z[ bb[lWh [ij[ fhe# Y[ie Yed eX`[j_l_ZWZ$ ;ije" Wb c[dei" [i be gk[ Yedi_Z[hWd WiWcXb[‡ijWi Yece 9ƒiWh Cedj‘\Wh 9D " 7dZhƒi
ēŊ .2Ŋ 2 , +#~23 2ŊŊ"(!#-Ŋ04#Ŋ24Ŋ,#3 Ŋ#2Ŋ04#Ŋ-.Ŋ' 8 Ŋ2#2%.2Ŋ/.+~3(!.2Ŋ#-Ŋ+ 2Ŋ/#204(2 2Ŋ04#Ŋ2#Ŋ' !#-Ŋ/.1Ŋ#+ŊĊćĹ ē
F|[p ?: " BekhZ[i J_X|d FA " =Wbe BWhW FIF " B[edWhZe L_j[# h_ FI9 " CW]Wb_ Eh[bbWdW FA " Bk_i CehWb[i Fh_Wd " <Wkije 9eXe FIF " <[hdWdZe 7]k_hh[ FIF " <[hdWdZe <beh[i Fh_Wd " [djh[ ejhei$ Æ;b ;YkWZeh j_[d[ Z[h[Y^e W YedeY[h bW l[hZWZ$$$ c|i Wbb| Z[ kdW l[hZWZ eĂ’ Y_Wb gk[ i[ dei gk_[h[ _cfed[hÇ" i[‹WbÂŒ Cedj‘# \Wh" gk_[d Yedi_Z[hW gk[ i[ Z[X[d _dl[ij_]Wh ÆbWi ]hWl‡i_cWi l_ebW# Y_ed[i W bei Z[h[Y^ei ^kcWdeiÇ gk[ i[ Z_[hed [b )&#I$ ;b WiWcXb[‡ijW ^_pe h[\[h[dY_W W jeZei Wgk[bbei gk[ \k[hed l‡Y# j_cWi Z[ bW l_eb[dY_W" [b _cf[Z_# c[dje Z[ WYY[Z[h W _d\ehcWY_ÂŒd feh bW _cfei_Y_ÂŒd Z[ bW YWZ[dW dWY_edWb" bei _dj[hdei [d [b >ei# f_jWb Z[ bW Feb_Y‡W o bei f[h_eZ_i# jWi gk[ ik\h_[hed bWi Yedi[Yk[d# Y_Wi Z[ be ikY[Z_Ze$ ÆDe Yh[[cei [d bW ĂˆYWY[h‡W Z[ Xhk`WiÉ" bW fkXb_Y_ZWZ o fhe# fW]WdZW" [b [dYWhY[bWc_[dje Z[ j[ij_]ei YbWl[ [ _dj_c_ZWY_ÂŒdÇ
c_iceÇ" Z_`e feh ik bWZe 7dZhƒi F|[p" gk_[d [nfb_YÂŒ gk[ de i[ fk[# Z[ ^WY[h kdW _dl[ij_]WY_ÂŒd i[i# ]WZW$ ÆDe feZ[cei f[hc_j_h gk[ [ijW bWXeh bW ^W]W 9ehh[W" d_ [iei ]hkfei h[lebkY_edWh_ei gk[ [ij|d cedjWdZe W be bWh]e o WdY^e Z[b fW‡i" jWcfeYe gk[ be ^W]Wd eh]W# d_icei ikXehZ_dWZei W 9ehh[WÇ" WĂ’ hcÂŒ [b fWhbWc[djWh_e$ ÄĽ #1#!'.ĹŠ ĹŠ+ ĹŠ1("(!4+#9ÄŚ
Æ;ij[ [i kd fW‡i jWd Z[ceYh|j_Ye gk[ _dYbkie j_[d[ Z[h[Y^e W bW h_# Z_Ykb[pÇ" [nfh[iÂŒ =WXh_[b H_l[hW F7?I Wb h[\[h_hi[ Wb f[Z_Ze Z[ _dl[ij_]WY_ÂŒd gk[ h[Wb_pWh| bW efei_Y_ÂŒd" o [d\Wj_pÂŒ gk[ ƒb de i[ efed[ fehgk[ Æ[ije Wgk‡ o [d bW Ăˆ9edY^_dY^_dWÉ i[ bbWcW ]ebf[ Z[ ;ijWZeÇ$ Æ;bbei c_icei ied fWhj[ Z[b
ĹŠ
} ĹŠ ĹŠ ĹŠ ÂĄ
]ebf[ o f_Z[d kdW Yec_i_ÂŒd ckb# j_fWhj_Z_ijW fWhW [bbei c_icei _dl[ij_]Whi[Ç" ieijkle H_l[hW o i[‹WbÂŒ gk[ Æc[ Yk[ijW YecfWh# j_h bW Ykhkb Yed ][dj[ gk[ j_[d[ cWdY^WZWi bWi cWdei Z[ iWd# ]h[" o i[ [ijWh‡W [d c_ Z[Y_i_ÂŒd iWYWhb[i be ^Wh‡W f[he ^Wo gk[ h[if[jWh [b Z[X_Ze fheY[ieÇ$ ÆBW _dl[ij_]WY_ÂŒd j_[d[ gk[ h[Wb_pWhi[ [d [b fW‡iÇ" cWd_\[ijÂŒ FWebW FWXÂŒd F7?I [ _dZ_YÂŒ gk[ Z[X[h‡Wd h[Ye][h bei Æfhedkd# Y_Wc_[djei Z[ Wb]kdei eh]Wd_i# cei _dj[hdWY_edWb[i" Yece bW E;7 o KdWikh" gk[ ^Wd `k]WZe kd fWf[b YbWl[Ç" o fkdjkWb_pÂŒ gk[ i[ Z_h_][d W bW EDK fehgk[ Æde i[ ^W cWd_\[ijWZe jeZWl‡WÇ$
),, ŋ, .#ðŋ ŋ0 &# 4ŋ ŋ., . )-ŋ' ,v.#')-
)()Ĺ‹ Ä’ ) +/v(Ĺ‹ && !)-ēŋ && ! ,6Ĺ‹ ŋÝÞŋ '#&Ĺ‹* ,-)( -Ĺ‹ ;b Wbc_hWdj[ <[hdWdZe Pkh_jW" dk[le [dYWh]WZe Z[ bW c_i_ÂŒd CWdk[bW ;if[`e" WdkdY_ÂŒ gk[ ) c_b )&& f[hiedWi oW [ij|d YW# b_Ă’ YWZWi fWhW WZgk_h_h [b Xede Ăˆ@eWgk‡d =Wbb[]ei BWhWÉ" ied (*& ZÂŒbWh[i gk[ h[Y_X_h|d c[dikWb# c[dj[ bWi f[hie# dWi gk[ [ij|d W ĹŠ YWh]e Z[ kd \Wc_# b_Wh Yed Z_iYWfWY_# +ĹŠÄŠĹŠ"#ĹŠ"(!(#, 1#ĹŠ ZWZ$ ;b 7bc_hWdj[ 2#ĹŠ' 1;ĹŠ4-ĹŠ #-!4#-31.ĹŠ1#%(.Äą W]h[]ÂŒ gk[ [b =e# - +ĹŠ!.-ĹŠ,.3(5.ĹŠ X_[hde oW j_[d[ "#+ĹŠ ~ ĹŠ -3#1- !(.- +ĹŠ"#ĹŠ [b fh[ikfk[ije o + 2ĹŠ (2! / !(" "#2Ä“ gk[ [d (&'' [if[# hWd gk[ i[Wd '* c_b f[hiedWi bWi gk[ h[Y_XWd [ijW WokZW$ ;nfb_YÂŒ gk[ [d bWi ‘bj_cWi i[# cWdWi" [d F_Y^_dY^W" bW c_i_ÂŒd ^W l_i_jWZe (() c_b l_l_[dZWi" Z_W]deij_YWZe ), c_b '&. YWiei o ^W Ykcfb_Ze '') c_b )+& Wj[d# Y_ed[i cƒZ_YWi$
ĹŠ5#1" "ĹŠ-.2ĹŠ' !#ĹŠ +( 1#2ĔŊ/#1.ĹŠ 04~ĹŠ+ ĹŠ 5#1" "ĹŠ-.2ĹŠ' !#ĹŠ/1#Äą 2.2ĔŊ/.104#ĹŠ#+ĹŠ04#ĹŠ+ ĹŠ"(!#ĹŠ#2ĹŠ ;2ĹŠ 1%4,#-3.2 Æ;i kdW jecWZkhW Z[ f[be gk[ /#12#%4(".ĹŠ/.1ĹŠ4- ĹŠ! !#1~ ĹŠ 9ehh[W fh[j[dZW _dl[ij_]Whi[ W i‡ "#ĹŠ 14) 2Ģē Yece kd YWc_de fWhW bb[]Wh W bW l[hZWZÇ" W]h[]ÂŒ Cedjk\Wh$
ēŊ +Ŋ5(!#/1#2("#-3#Ŋ #-~-Ŋ .1#-.Ŋ(-$.1,¢Ŋ2. 1#Ŋ+.2Ŋ1#24+3 ".2Ŋ"#Ŋ+ Ŋ (2(¢-Ŋļ -4#+ Ŋ 2/#).ČēŊ
,/  Ŋ"#Ŋ/1#5#-!(¢ŗŊŊ +Ŋ/1¢7(,.Ŋ  .Ŋ2#Ŋ#,/1#-"#1;Ŋ4-Ŋ/1.8#!3.Ŋ"#Ŋ/1#5#-!(¢-Ŋ"#Ŋ"(2! / !(" "#2ēŊ +#7Ŋ , !'.ĔŊ 2#2.1Ŋ,_"(!.Ŋ"#Ŋ+ Ŋ (!#/1#2("#-!( ĔŊ"().Ŋ04#Ŋ2#Ŋ' 1;Ŋ4-Ŋ#7 ,#-Ŋ
ĹŠ+.2ĹŠ-( .2ĹŠ"#2"#ĹŠ24ĹŠ- !(,(#-3.ĹŠ/ 1 ĹŠ"#3#!3 1ĹŠ#-$#1,#" "#2ĹŠ!.,.ĹŠ'(/.3(1.("(2Äą ,.ĹŠ!.-%_-(3.ĔŊ% + !3.2#,( ĔŊ'(/#1/+ 2( ĹŠ24/1 11#- +ĔŊ"#ÄƒĹŠ!(#-!( ĹŠ"#ĹŠ (.3(-(" 2 ĹŠ8ĹŠ $#-(+!#3.-41( Ä“ (ĹŠ#23 2ĹŠ#-$#1,#" "#2ĹŠ-.ĹŠ1#!( #-ĹŠ4-ĹŠ31 3 ,(#-3.ĹŠ./.134-.ĔŊ!.-ĹŠ24ĹŠ#5.+4!(¢-ĔŊ +.2ĹŠ-( .2ĹŠ/4#"#-ĹŠ24$1(1ĹŠ"#ĹŠ +%4- ĹŠ"(2! / !(" "ĹŠ(-3#+#!34 +ĔŊ#7/+(!¢Ŋ#+ĹŠ5(!#/1#2(Äą "#-3#ĹŠ #-~-ĹŠ .1#-.ĔŊ04(#-ĹŠ!.,#-3¢Ŋ04#ĹŠ!.-ĹŠ31 3 ,(#-3.ĹŠ/1#5#-3(5.ĹŠ#23.2ĹŠ-( .2ĹŠ /."1;-ĹŠ3#-#1ĹŠ4- ĹŠ5(" ĹŠ-.1, +Ä“
Pkh_jW WZ[c|i _dZ_YŒ gk[ [d (&&'" i[ [ij_cW gk[ [ijW c_i_Œd YedjWh| Yed kd fh[ikfk[ije Z[ '&, c_bbed[i Z[ ZŒbWh[i" bW YebW# XehWY_Œd Z[ '(+ cƒZ_Yei YkXW# dei" ,* cƒZ_Yei Z[ bW ;iYk[bW
BWj_deWc[h_YWdW Z[ C[Z_Y_dW ;B7C o '+& c_b_jWh[i Z[ Wfe# oe$ ;ijW c_i_ÂŒd [ij| feh j[hc_dWh [d ik fh_c[hW \Wi[" [b Y_[hh[ dW# Y_edWb Z[ Z_W]dÂŒij_Ye i[h| [b ) Z[ Z_Y_[cXh[ [d Gk_je$
ĹŠ ĹŠ ĔŊ ŊěŊ ;b fh[# i_Z[dj[ HW\W[b 9ehh[W hWj_Ă’ YÂŒ Wo[h bW lWb_Z[p Z[ bei jhWjWZei gk[ ;YkWZeh" F[h‘ o 9^_b[ iki# Yh_X_[hed [d '/+( o '/+* WY[h# YW Z[ bei b‡c_j[i cWh‡j_cei o h[_j[hÂŒ jWcX_ƒd bW _cfehjWdY_W gk[ j_[d[ fWhW Gk_je cWdj[# d[h ÂŒfj_cWi h[bWY_ed[i Yed iki Æl[Y_dei o Wc_]eiÇ$ ;YkWZeh Æj_[d[ kdW YWhje# ]hW\‡W cWh‡j_cW XWiWZW [d bei jhWjWZei Z[ '/+( o '/+*" f[he Yk_ZW bWi h[bWY_ed[i Yed fW‡# i[i Wc_]ei o l[Y_deiÇ" Z_`e [b Fh[i_Z[dj[ [d FkdjW 7h[dWi" ZedZ[ [if[hWXW gk[ ^WoW kdW fei_X_b_ZWZ Z[ l_W`Wh W bW 7d# j|hj_ZW `kdje W ik ^ecÂŒbe]e Y^_b[de" I[XWij_|d F_‹[hW$ 7cXei j[d‡Wd fh[l_ije l_W`Wh Wb 9edj_d[dj[ 8bWdYe W fh_c[hW ^ehW Z[ Wo[h" f[he be _cf_Z_ÂŒ [b cWb j_[cfe$ 7i‡" Wdj[i Z[ jhWibWZWhi[ W ik Z[ij_de [d kd Wl_ÂŒd >ƒhYk# b[i" F_‹[hW o 9ehh[W [dYWX[# pWhed bW Ă’ hcW Z[ kdW :[YbW# hWY_ÂŒd Z[ ?dj[dY_ed[i ieXh[ WYj_l_ZWZ[i be]‡ij_YWi o Y_[dj‡# Ă’ YWi [d bW 7dj|hj_ZW" WYje gk[
eh_]_dWbc[dj[ [ijWXW fh[l_ije gk[ i[ YedYh[jWhW [d [b j[hh_je# h_e Wdj|hj_Ye$ 231 3#%(
;b YWdY_bb[h" H_YWhZe FWj_‹e" feh ik bWZe" i[‹WbÂŒ gk[ ;YkW# Zeh j_[d[ kdW hkjW Z[\_d_ZW fWhW jhWjWh [b j[cW" YkoWi fh_eh_ZWZ[i fh_dY_fWb[i ied cWdj[d[h bWi h[bWY_ed[i Yed 9^_b[ o F[h‘ [d bei c[`eh[i jƒhc_dei o cWdj[d[h Æbei fh_dY_f_ei o Yh_j[h_ei gk[ ^[# cei cWdj[d_Ze ZkhWdj[ ZƒYW# ZWi h[if[Yje Z[ bei jhWjWZei Z[ '/+( o '/+*$ FWj_‹e _d\ehcÂŒ WZ[c|i gk[ ;YkWZeh eĂ’ Y_Wb_pWh| [d DWY_e# d[i Kd_ZWi kdW YWhje]hW\‡W fkXb_YWZW [b fWiWZe W]eije XW# iWZW [d [iei jhWjWZei jh_fWhj_# jei" Wkdgk[ WZl_hj_ÂŒ gk[ [b ce# c[dje Z[ ^WY[hbe be Z[Ă’ d_h|d Æ[b fh[i_Z[dj[ HW\W[b 9ehh[W o [b ]eX_[hde dWY_edWbÇ$ ;b YWdY_bb[h Y^_b[de" 7b\h[# Ze Ceh[de" Yedi_Z[hÂŒ [d jWdje gk[ bW YWhjW d|kj_YW [YkWjeh_W# dW Æj_[d[ kd jh[c[dZe lWbeh Z[ YbWh_Ă’ YWY_ÂŒdÇ$
Ä‚
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ?
Ćŋ
ēŊ +ĹŠ'., 1#ĹŠ"#+ĹŠ! ,/.ĹŠ+.ĹŠĂŒ-(!.ĹŠ04#ĹŠ04(#1#ĹŠ#2ĹŠ4- ĹŠ+#8ĹŠ04#ĹŠ% 1 -3(!#ĹŠ24ĹŠ/1."4!3(5(" "Ä“
ĹŠ("# ĹŠ#2ĹŠ04#ĹŠ+.2ĹŠ #-#ÄƒĹŠ!( 1(.2ĹŠ"#+ĹŠ + -ĹŠ (#11 2ĹŠ/ %4#-ĹŠ +.2ĹŠ!1_"(3.2ĹŠ!.-ĹŠ+ ĹŠ/1.Äą "4!!(¢-ĹŠ"#ĹŠ+.2ĹŠ3#11#-.2Ģē ĹŠ }
ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ Ä“
+Ŋ/1.8#!3.Ŋ /4-3 Ŋ Ŋ#73(-%4(1Ŋ +Ŋ2#!3.1Ŋ %1.Ŋ#7/.13 ".1ĔŊ 04#Ŋ1#04(#1#Ŋ"#Ŋ%1 -"#2Ŋ #73#-2(.-#2Ŋ/ 1 Ŋ!4+3(Ĺ 5.2Ģē ¥ Ŋ
Ŋ ¥ Ŋ Ŋ Ĺ Ŋ Ŋ Ŋ Ŋ ĸ Ěē
8Ŋ!4+3(5.2Ŋ04#Ŋ -#!#2(3 -Ŋ"#Ŋ%1 -Ĺ "#2Ŋ#73#-2(.-#2Ŋ / 1 Ŋ 23#!#1Ŋ-.Ŋ2.+.Ŋ Ŋ -(5#+Ŋ(-3#1-.Ŋ2(-.Ŋ#73#1Ĺ -.Ģē
ĹŠ ĹŠ
ĹŠ ĹŠ ĹŠ } ĹŠ Äą ĹŠ ĹŠ ĹŠ Ä“
Ŋ+#8Ŋ#2Ŋ 4#- ĔŊ 2(#,/1#Ŋ8Ŋ!4 -".Ŋ #2 2Ŋ3(#11 2Ŋ2# -Ŋ " " 2Ŋ Ŋ5#1" "#1.2Ŋ ! ,/#2(-.2Ŋ/ 1 Ŋ04#Ŋ+ 2Ŋ !4+3(5#-ĢēŊ } Ŋ
ĹŠ ĹŠ ĹŠ ÂĄ ĹŠ ĹŠ Äą ĹŠ ĹŠ ĹŠ } Ä“
ĹŠ,#3 ĹŠ"#+ĹŠ . (#1-.ĹŠ#2 #-31#% 1ĹŠÄˆÄ‰Ä‡ĹŠ,(+ĹŠ'#!3;1# 2ĹŠ #23 3 +#2ĹŠ8ĹŠÄˆÄŽĹŠ,(+ĹŠ/1(5 " 2ĹŠ ĹŠ .1% -(9 !(.-#2ĹŠ! ,/#2(- 2Ä“
W WZl[hj[dY_W fh[i_Z[dY_Wb Z[ ^WY[ kd W‹e0 ÆLWcei W [nfhef_Wh bWi j_[hhWi _cfheZkYj_lWi [d [ijh_Yje Ykc# fb_c_[dje Z[ bW b[o" o i[ bWi lWcei W fWiWh W eh]Wd_pW# Y_ed[i YWcf[i_dWiÇ" YWZW l[p c|i i[ ^WY[ h[Wb_ZWZ$ Feh kd bWZe" bW IkXi[Yh[jWh‡W Z[ J_[hhWi o H[\ehcW 7]hWh_W oW j_[d[ YkWdj_Ă’ YWZe bei j[hh[dei W [djh[]Wh0 '(& c_b ^[Yj|h[Wi [ijWjWb[i Z[djhe Z[ bWi YkWb[i [ij|d .& c_b ^W Z[ bei j[hh[dei _dYWkjWZei W bW XWdYW gk[XhWZW o '+ c_b fh_lWZWi" gk[ ikcWd ')+ c_b ^[Yj|h[Wi [d jejWb$ O feh ejhe" oW ^Wo kd fheo[Yje eĂ’ Y_Wb Z[ B[o Z[ J_[hhWi o J[hh_je# h_e gk[ fh[i[djÂŒ W bW 7iWcXb[W [b I_ij[cW Z[ ?dl[ij_]WY_ÂŒd ieXh[ bW FheXb[c|j_YW 7]hWh_W [d [b ;YkWZeh I_fW[ " Yed be gk[ i[ Yecfb[# c[djWh‡W Z_Y^e fheY[ie$ I_d [cXWh]e" bW 9edij_jkY_ÂŒd o bW b[o WYjkWb Z[ :[iWhhebbe 7]hWh_e Yedj[cfbWd [ijW Z_ifei_Y_ÂŒd" Z[ W^‡ gk[ Wb]kdei fheY[iei Z[ [nfhe# f_WY_ÂŒd Z[ j[hh[dei fh_lWZei oW _d_Y_Whed$
ZkhWdj[ Zei W‹ei$ Ik fh_dY_fWb Z[\[diW [i gk[ de i[ Z[X[d Yh[Wh c|i W]h_Ykbjeh[i i_de WokZWh W bei gk[ oW [n_ij[d$ F[he [b Wh]kc[dje Z[b =eX_[hde [i gk[ ^Wo WbjW Z[di_ZWZ Z[ bW j_[hhW [d feYWi cWdei$ I[]‘d bei ZWjei Z[b C_d_ij[h_e Z[ 7]h_YkbjkhW" Wf[dWi [b ( Z[ bW feXbWY_ÂŒd [YkWjeh_WdW YedY[djhW YWi_ [b +& Z[ bW j_[hhW W]h‡YebW [d [b fW‡i$ F[he de iÂŒbe Z[iZ[ [b W]he ^Wo eXi[hlWY_ed[i" [b WdWb_ijWi MWbj[h Ifkhh_[h" ^W i[‹WbWZe gk[ Æ[n_ij[d Z_\[h[dY_Wi [d bW Wcfb_jkZ Z[ bW h[\ehcW W]hWh_W0 i_ Z[iWhhebbWh bei f[gk[‹ei fh[Z_ei W bW l[p gk[ i[ cWdj_[d[ bW W]h_YkbjkhW ceZ[hdW" e i_ ^Wo gk[ XkiYWh bW Z[iWfWh_Y_ÂŒd Z[ ƒijWÇ" be Z_`e [d [b 7d|b_i_i I[cWdWb Z[ (- Z[ i[fj_[cXh[$ ;ije \h[dj[ W Ækd fheo[Yje Z[ B[o gk[ [b_c_dW bWi fhef_[ZWZ[i W]h‡YebWi Z[ c|i Z[ +&& ^[Yj|h[WiÇ" WfkdjÂŒ Ifkhh_[h" W be gk[ W]h[# ]ÂŒ0 Æde i[ i_djed_pW Yed be gk[ fhefed[ [b c_d_ijhe Z[ 7]h_YkbjkhW HWcÂŒd ;if_d[bÇ" gk[ Æ[d d_d]‘d cec[dje ^W c[dY_edWZe [b fed[h kd jef[ W bW fhef_[ZWZ W]h‡YebWÇ$ !!(.-#2ĹŠ.ÄƒĹŠ!( +#2
I_d [cXWh]e" ^WijW `kb_e fWiWZe" bW fh_c[hW \Wi[ Z[ bW WZl[hj[dY_W oW i[ YedYh[jÂŒ$ ;b ikXi[Yh[jWh_e Z[ J_[hhWi" 7djed_e HeZh‡]k[p" WdkdY_ÂŒ gk[ oW j[d‡Wd YkWdj_Ă’ YWZei Zei fWgk[j[i fWhW h[fWhj_h$ Kd fh_c[h fWgk[j[ Yehh[ifedZ_[dj[ W bei fh[Z_ei [ijWjWb[i o ejhe Z[ bei fh_lWZei$ I[]‘d _dZ_YÂŒ HeZh‡]k[p [d [iW eYWi_ÂŒd" bW h[Z_ijh_XkY_ÂŒd XkiYW ĂˆiWj_i\WY[h bW Z[cWdZW Z[ j_[hhWi [d [b |h[W W]h‡YebW" gk[ i[]‘d Y|bYk# bei Z[ bW ikXi[Yh[jWh‡W" [ij| ieXh[ bei '-& fh[Z_ei W d_l[b dWY_edWbÉ$ ĹŠ, -.2ĹŠ! ,/#2(- 2 9ed bWi ')+ c_b ^[Yj|h[Wi" [b =eX_[hde fh[lƒ" feh be c[dei" JWdje W]h_Ykbjeh[i Yece ]WdWZ[hei [ij|d _dgk_[jei feh bei WdkdY_ei" ieXh[ jeZe" feh [b ^[Y^e Z[ gk[ i[ h[fWhj_h|d W eh]Wd_pWY_ed[i YWc# YkXh_h [iW Z[cWdZW Yed kd ,& Yed j_[hhWi [ijWjWb[i o [b *& f[i_dWi bei fh[Z_ei gk[ ^Wd f[hcWd[Y_Ze eY_eiei o gk[ fWhj[ Z[ [iWi Yed fh_lWZWi$ BWi '(& c_b ^[Yj|h[Wi [ijWjWb[i _Z[dj_Ă’ YWZWi Yehh[ifedZ[d W j_[hhWi i[ [nfhef_Wh|d Wb i[Yjeh fh_lWZe i_ de bWi ^Wd ^[Y^e fheZkY_h
+ -3# ,(#-3.ĹŠ"# %1(!4+3.1#2ĹŠ8ĹŠ% - "#1.2
2ĹŠ3(#11 2ĹŠ(,/1."4!3(5 2ĹŠ/ 2 -ĹŠ ĹŠ.31 2ĹŠ, -.2
1#"(.ĹŠ
1.5(-!( ĹŠ
#!3;1# 2ĹŠ
#-#ă!( 1(.2
Ŋ 411#1 Ŋ -Ŋ 3#.Ŋ +.Ŋ + 9 Ŋ +Ŋ +¢-Ŋ (,(3.Ŋ _+%(! Ŋ Ŋ !'4 1Ŋ (-*( 2Ŋ '4 1Ŋ 4!' #-9 Ŋ '4 1Ŋ '4 1Ŋ '4 1Ŋ '4 1Ŋ
ĹŠ 2,#1 +" 2ĹŠ 2,#1 +" 2ĹŠ - ~ĹŠ (!'(-!' ĹŠ 4 8 2ĹŠ 4 8 2ĹŠ 23 9 ĹŠ .1.- ĹŠ -3( %.ĹŠ .,4-(" "ĹŠ /41 *ĹŠ .,4-(" "ĹŠ -* (,ĹŠ ĹŠ ĹŠ
Ä‰ÄŒÄ‡ĹŠĹŠ ÄŠÄ?Ä”Ä‘ÄŒĹŠĹŠ Ä?ĉćŊŊ ĊćÄ?ĹŠĹŠ ĎĔĊććŊŊ ÄˆÄ‡Ä‡ĹŠĹŠ ÄŒÄ‡Ä“Ä‡Ä‡Ä‡ĹŠĹŠ ÄˆÄŒÄ”Ä‰Ä‰ÄˆĹŠ .1.- ĹŠ -3( %.ĹŠ .1.- ĹŠ -3( %.ĹŠ .,4-(" "ĹŠ 8439 ĹŠ #-31.ĹŠ , 1 ,ĹŠ
../#1 3(5 ĹŠ %1.ĹŠ 13#2 - +ĹŠ (ĹŠ4-ĹŠ 2.ĹŠ 31;2Ä“ 2.ēŊ -(¢-ĹŠ %1.ĹŠ 13#2 - +ĹŠ 1"~-ĹŠ 1./(! +Ä“ 2.!( !(¢-ĹŠ"#ĹŠ 1 ) ".1#2ĹŠ 231¢-.,.2ĹŠ+ 2ĹŠ #+(!( 2Ä“ 2.ēŊ"#ĹŠ'.13(!4+3.1#2ĹŠ8ĹŠ!1( ".1#2ĹŠ"#ĹŠ -(, +#2ĹŠ/#04# .2ĹŠ +ĹŠ +¢-Ä“ .,4-(" "ĹŠ +ĹŠ (,(3.ĔŊ (#11 ĹŠ8ĹŠ (" ēŊ .,4-(" "ĹŠ (#11 ĹŠ8ĹŠ (" Ä“ (-*( 2Ä“ ÄˆÄ”Ä‘Ä‡Ä’ĹŠ' 2 ĎĈĔĎđÄ?ĹŠ' 2 ĎĔĊÄ?Ä?ĹŠ' 2 .1.- ĹŠ -3( %.ĹŠ ĉĊÄ?ĹŠ' 2
04#Ŋ2#Ŋ$.13 +#9! Ŋ Ŋ+.2Ŋ04#Ŋ8 Ŋ#23;-Ŋ31 Ĺ ) -".ĔŊ/.104#Ŋ' 8Ŋ %1(!4+3.1#2Ŋ!.-Ŋ-(5#+#2Ŋ "#Ŋ/1."4!3(5(" "Ŋ ).2ē
ĉēŊ .Ŋ2#Ŋ$1 %,#-3#-Ŋ+ 2Ŋ' !(#-" 2Ŋ04#Ŋ
2.-Ŋ"#+Ŋ 23 ".ĔŊ2(-.Ŋ04#Ŋ2#Ŋ+ 2Ŋ!.-5(#13 Ŋ#-Ŋ #2!4#+ 2Ŋ %1~!.+ 2Ŋ"#Ŋ3.".Ŋ3(/.ĔŊ#-Ŋ!#-31.2Ŋ "#Ŋ(-5#23(% !(¢-Ŋ/ 1 Ŋ#+Ŋ"#2 11.++.Ŋ %1 1(.ē
ĊēŊ 2Ŋ' !(#-" 2Ŋ2# -Ŋ#-31#% " 2Ŋ +Ŋ2(23#, Ŋ "#Ŋ %1(!4+341 Ŋ , (#-3 +ĔŊ04#Ŋ#2Ŋ!.,/ 3( +#Ŋ !.-Ŋ+ Ŋ- 341 +#9 ĔŊ#-Ŋ".-"#Ŋ2#Ŋ /1#-" Ŋ Ŋ 43(+(9 1Ŋ+.2Ŋ(-24,.2ĔŊ$#13(+(9 -3#2ĔŊ#5(3 1Ŋ+ Ŋ #1.2(¢-ĔŊ, -3#-#1Ŋ+ 2Ŋ#2/#!(#2Ŋ- 3(5 2ē
ÄŒÄ“ĹŠ 4#ĹŠ#+ĹŠ . (#1-.ĹŠ2#ĹŠ/1#.!4/#ĹŠ/.1ĹŠ%4 1Äą " 1ĹŠ#73#-2(.-#2ĹŠ"#ĹŠ3(#11 2ĹŠ/ 1 ĹŠ#+ĹŠ$4341.ĹŠ 2~ĹŠ!.,.ĹŠ#+ĹŠ/#31¢+#.ēŊ
Ĺ‹ Ĺ‹ u Ĺ‹ Ĺ‹
j[hh[dei Z[b ;ijWZe o X_[d[i Z[ bW XWdYW gk[XhWZW$ ;i[ fWgk[j[ oW i[ [cf[pÂŒ W h[fWhj_h [d i[fj_[cXh[$ >WijW [b (. Z[ [i[ c[i i[ ^WX‡Wd h[fWhj_Ze Wbh[Z[Zeh Z[ .*) ^[Yj|h[Wi Z[ j[hh[dei [ijWjWb[i l[h h[# YkWZhe $ 7 [ijWi j_[hhWi i[ ikcW kd j[hY[h fWgk[j[ Z[ fhef_[ZWZ fh_lWZW _cfheZkYj_lW$ BWi '+ c_b _Z[dj_Ă’YWZWi ^WY[ Zei c[i[i" i[]‘d bei Y|b# Ykbei Z[ bW ikXi[Yh[jWh‡W$ :[ ^[Y^e bWi [nfhef_WY_ed[i oW [cf[pWhed i[]‘d be hWj_Ă’YÂŒ He# Zh‡]k[p" [b (. Z[ i[fj_[cXh[ fWiWZe$ ?dZ_YÂŒ gk[ bei fheY[iei ^Wd _d_Y_WZe [d Wb]kdei fh[Z_ei Yece feh [`[cfbe" Z[ kdW ^WY_[dZW [d ?cXWXkhW" IWd 7djed_e Z[ LWb[dY_W [d CWY^WY^_$
I[]‘d HeZh‡]k[p" bWi [nfhef_WY_ed[i Yedj[cfbWd kdW d[]eY_WY_ÂŒd Yed [b 8WdYe DWY_edWb Z[ <ec[dje" W jhWlƒi Z[b YkWb i[ XkiYW Ægk[ [b XWdYe [djh[]k[ YhƒZ_jei W bei YWcf[i_dei Yed be YkWb i[ ^Wh‡W [b fW]e W bei Zk[‹ei fh_lWZeiÇ$ ;ije" fehgk[ bW [nfhef_WY_ÂŒd i[ ZWh| c[Z_Wdj[ d[]eY_WY_ÂŒd Yed bei fhef_[jWh_ei fWhW [ijWXb[Y[h kd fh[Y_e Z[ fW]e$ DWdYo FWbcW ;ijhWZW" fh[i_Z[djW Z[ bW 7ieY_WY_ÂŒd Z[ 9Wcf[i_dei 7kjÂŒdecei Z[ bWi 9eckd_ZWZ[i Z[ bW C[Z_Wd‡W 9WXkoWb o IWdZelWb Z[ H_el[hZ[ 7ieYWcYi " cWd_\[ijÂŒ gk[ bW Z_ijh_XkY_ÂŒd de i[h| \WY# j_Xb[ i_ [i gk[ de Yk[djWd Yed bW j_jkbWY_ÂŒd Z[ bW j_[hhW Z[ Ă’dYWi gk[ W^ehW ied fWhj[ Z[b ;ijWZe fk[i iÂŒbe Yk[djWd Yed ]WhWdj‡Wi fei[ie# h_Wi o fWhW be]hWh [iYh_jkhWi Z[X[d fW]Wh fh[Y_ei [nehX_jWdj[i gk[ de [ij|d Z_ifk[ijei W Y[Z[h$ ÆI_ de YedjWcei Yed [iYh_jkhWi de feZh[cei WYY[Z[h W YhƒZ_jei [d bW XWdYW dWY_edWb o de [ijWcei Z[ WYk[hZe Yed fW]Wh Z[ +&& W ,&& ZÂŒbWh[i feh ^[Yj|h[Wi iWX_[dZe gk[ feh dk[ijhW [Yedec‡W de feZ[# cei fW]Wh d_ '&&Ç" h[Ă’h_ÂŒ DWfeb[ÂŒd B[ÂŒd L_bbWY‡i" Z[ bW Yeef[hWj_lW Z[ YWcf[i_dei ĂˆDk[le J_cXh[É" Z[ ;ic[hWbZWi$
/.2(!(¢-
ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€Ĺ?
Ĺ? +. ÄŒĹ?
ÄˆÄ“ĹŠ .ĹŠ2#ĹŠ%#-#1#-ĹŠ,;2ĹŠ %1(!4+3.1#2ĔŊ2(-.ĹŠ
ÂĄ ēŊŊ .ĹŠ2#ĹŠ./.-#ĹŠ ĹŠ04#ĹŠ#+ĹŠ 23 ".ĹŠ5#1(ă04#ĹŠ04#ĹŠ-.ĹŠ#7(23 -ĹŠ3(#11 2ĹŠ(,/1."4!3(5 2ēŊ
7/1./( !(.-#2
.-Ä„(!3.
#/ 13.
C_[djhWi [b fbWd ]kX[hdWc[djWb Z[ h[Z_ijh_XkY_ÂŒd Z[ j_[hhWi lW W jeZW c|gk_dW" bei W]h_Ykbjeh[i o ]WdWZ[hei ^Wd [bWXehWZe ik b_ijW Z[ fkdjei [d bei gk[ de [ij|d Z[ WYk[hZe$ Iki fh_dY_fWb[i Wh]kc[djei ied gk[ feh [b cec[dje [n_ij[d Wbh[# Z[Zeh Z[ ' c_bbÂŒd (&& c_b W]h_Ykbjeh[i" o bW cWoeh‡W Yed XW`ei d_l[b[i Z[ fheZkYj_l_ZWZ$ :[ W^‡ gk[ HeZh_]e BWiie" fh[i_Z[dj[ Z[ bW 7ieY_W# Y_ÂŒd >ebij[_d" ieijkle gk[ de i[ Z[X[ Yh[Wh ')+ c_b W]h_Ykbjeh[i c|i o Yed [bbe 'É(&&$&&& W]h_Ykbjeh[i _d[Ă’Y_[dj[i$ 7Z[c|i" BWiie i[‹WbÂŒ gk[ i[ Z[X[d c[`ehWh bWi YedZ_Y_e# d[i Z[ feiYei[Y^W$ Æ;ije fehgk[ ^Wo c_bbed[i Z[ jed[bWZWi Z[ fheZkYjei Wb_c[dj_Y_ei gk[ i[ ZW‹Wd Z[ifkƒi Z[ Yei[Y^WZei fehgk[ de ^Wo Xk[dei i_ij[cWi Z[ WbcWY[dWc_[dje o Yec[h# Y_Wb_pWY_ÂŒdÇ$ L_d_Y_e 7hj[W]W" fh[i_Z[dj[ Z[ bW 7ieY_WY_ÂŒd Z[ =WdWZ[hei Z[ IWdje :ec_d]e" i[‹WbÂŒ gk[ [n_ij[ Yed\ki_ÂŒd ieXh[ bW B[o" f[he Z[X[# h‡W Yedj[d[h fWh|c[jhei fWhW [l_jWh bW _di[]kh_ZWZ$ CWd_\[ijÂŒ gk[ [b =eX_[hde Z[X[h‡W fh[eYkfWhi[ feh ZWh i[]kh_ZWZ Wb_c[djWh_W o de Yed\kdZ_hbW Yed kdW Æb[o fWhY^[ Z[ j_[hhWiÇ$ I[]‘d Z_`e" bW fh_dY_fWb W\[YjWY_ÂŒd [i gk[ bW ikX`[j_l_ZWZ Yed bW gk[ i[ fbWd# j[ÂŒ bW B[o$ @eX_je 7YeijW" b‡Z[h c|n_ce Z[ /& eh]Wd_pWY_ed[i YWcf[i_dWi [d [b YWdjÂŒd 8WXW" fhel_dY_W Z[ Bei H‡ei" Z_`e gk[ [b fheo[Yje [i Xk[de" i_[cfh[ o YkWdZe [b =eX_[hde [djh[]k[ h[Ykhiei" YWfWY_jWY_ÂŒd o j[Y# d_Ă’YWY_ÂŒd fWhW ^WY[h fheZkY_h bW j_[hhW" Z[ be YedjhWh_e [iWi j_[hhWi X_[d feZh‡Wd i[h l[dZ_ZWi Yece oW eYkhh_ÂŒ Yed bW H[\ehcW 7]hWh_W Wdj[h_eh$ :[ ik fWhj[" FWXbe ;iYkZ[he" fheZkYjeh Z[ b[Y^[ Z[ ?cXWXkhW" [nfh[iÂŒ gk[ kdW h[\ehcW W]hWh_W de i[ Y[djhW [d bW Z_ijh_XkY_ÂŒd Z[ bWi j_[hhWi" i_de gk[ Z[X[ fh_cWh bW Wi_ij[dY_W jƒYd_YW o YWfWY_jWY_ÂŒd ceZ[hdW fWhW gk[ fk[ZWd fW]Wh iki j_[hhWi$
ă
~,(3#2Ŋ/ 1 + Ŋ3#-#-!( ŗŊ Ŋ 1 -!(2!.Ŋ (" +%.ĔŊ"(1#!3.1Ŋ"#+Ŋ (23#, Ŋ"#Ŋ+ Ŋ -5#23(% !(¢-Ŋ"#Ŋ+ Ŋ
1. +#,;3(! ĹŠ %1 1( ĹŠ"#+ĹŠ !4 ".1ĹŠ ĸ (/ #ĚĔŊ(-"(!¢Ŋ04#ĹŠ#-ĹŠ#+ĹŠ/ ~2ĹŠ#7(23#-ĹŠ ÄˆÄ“ÄŠÄ‡Ä‡ĹŠ4-(" "#2ĹŠ/1."4!3(5 2ĹŠ04#ĹŠ 24/#1 -ĹŠ+ 2ŊĎććŊ'#!3;1# 2ĹŠ8ĹŠ04#ĹŠ !.-!#-31 -ĹŠÄˆÄŚÄ‘Ä‡Ä‡Ä“Ä‡Ä‡Ä‡ĹŠ'#!3;1# 2ēŊ ÄĄ .ĹŠ04#ĹŠ" ĹŠ4-ĹŠ/1.,#"(.ĹŠ"#ĹŠÄˆÄ“ÄŒÄ‡Ä‡ĹŠ '#!3;1# 2ĹŠ/.1ĹŠ4-(" "Ģē -ĹŠ3 -3.ĹŠ04#ĔŊ+ 2ĹŠ4-(" "#2ĹŠĹŠ,#Äą -.1#2ĹŠ ĹŠÄŽĹŠ'#!3;1# 2ĹŠ2.-ĹŠÄ?Ä?ćēćććēŊ .ĹŠ 04#ĹŠ" ĹŠ4-ĹŠ/1.,#"(.ĹŠ"#ĹŠÄˆÄ”ÄŒĹŠ'#!3;1# 2ĹŠ /.1ĹŠ4-(" "ēŊ 2ĹŠ"#!(1ĔŊĥ+ ĹŠ"(23 -!( ĹŠ #-31#ĹŠ+.2ĹŠ04#ĹŠ,#-.2ĹŠ3(#-#-ĹŠ+.2ĹŠ04#ĹŠ ,;2ĹŠ3(#-#-ĹŠ#2ĹŠ"#ĹŠ,(+ĹŠ ĹŠ4-.ĢĔŊ /4-3¢Ŋ (" +%.Ä“ #ĹŠ '~ĹŠ04#ĹŠ"#$#-"(¢Ŋ+ ĹŠ/1.Äą /4#23 ĹŠ"#ĹŠ #8ĹŠ"#+ĹŠ (/ #ēŊ^23 ĹŠÄƒ) ĹŠ 4-ĹŠ+~,(3#ĹŠ"#ĹŠ3#-#-!( ĹŠ"#ĹŠ+ ĹŠ3(#11 ĹŠ"#ĹŠ ĎććŊ'#!3;1# 2ēŊ 2ĹŠ"#!(1ĔŊ04#ĹŠ ĹŠ/ 13(1ĹŠ "#ĹŠ+ 2ĹŠÄŽÄ‡ÄˆĹŠ'#!3;1# 2ĹŠ2#ĹŠ /+(04#ĹŠ+ ĹŠ $#!3 !(¢-ĹŠĹŠ ĹŠ+ 2ĹŠ/1./(#" "#2ĹŠ/ 1 ĹŠ 1#"(231( 4(1+ 2ēŊ -ĹŠ#23 ĹŠ/1./4#23 ĹŠ#-31 -ĹŠ3." 2ĹŠ + 2ĹŠ3(#11 2ĔŊ8 ĹŠ2# -ĹŠ/1(5 " 2ĔŊ/ĂŒ +(Äą ! 2ĔŊ/1."4!3(5 2ĹŠ#ĹŠ(,/1."4!3(5 2ēŊŊ (-ĹŠ#, 1%.ĔŊ (" +%.ĹŠ -.3¢Ŋ04#ĹŠ#-ĹŠ #+ĹŠ! 2.ĹŠ"#ĹŠ2#!3.1#2ĹŠ.ĹŠ !3(5(" "#2ĹŠ #!.-¢,(! 2ĹŠ04#ĹŠ-#!#2(3#-ĹŠ,;2ĹŠ#7Äą 3#-2(.-#2ĹŠ"#ĹŠ3(#11 ĹŠ2#ĹŠ/."1;ĹŠ /+(! 1ĹŠ .31 2ĹŠ$.1, 2ĹŠ"#ĹŠ/1./(#" "Ä–ĹŠ 2.!( 3(Äą 5 2ĔŊ!../#1 3(5 2ĹŠ!.-ĹŠ+.2ĹŠ31 ) ".Äą 1#2ĹŠ.ĹŠ+ 2ĹŠ!.,4-(" "#2ĹŠ +#"  2Ä“
ēŊ Ŋ3(#11 Ŋ"#Ŋ -3.Ŋ .,(-%.Ŋ #2Ŋ +3 ,#-3#Ŋ/1."4!3(5 ē
(ĹŠ./(-(¢-ĹŠ #-ĹŠÄ?ćŊ2#%4-".2
5("ĹŠ ,/49 -. 1#2("#-3#ĹŠ"#+ĹŠ #-31.ĹŠ %1~!.+ ĹŠ"#ĹŠ #-3 - 2Ä“
- ,# ŋ #-.,# / #š( ŗŊŊ
Ŋ/.! Ŋ$4#-3#Ŋ"#Ŋ31 ).Ŋ8Ŋ2#1Ŋ ).1- +#1.Ŋ' Ŋ!.-++#5 ".Ŋ Ŋ04#Ŋ ,(+#2Ŋ"#Ŋ %1(!4+3.1#2Ŋ#,(%1#-Ŋ Ŋ + 2Ŋ%1 -"#2Ŋ!(4" "#2Ŋ#-Ŋ 42! Ŋ"#Ŋ 4-Ŋ,#).1Ŋ/.15#-(1ēŊ
.2ĹŠ ~.2ĹŠ-.ĹŠ2#ĹŠ04#" ĹŠ 31;2ĔŊ#2ĹŠ 4- ĹŠ"#ĹŠ+ 2ĹŠ/1(-!(/ +#2ĹŠ/1.5(-!( 2ĹŠ 04#ĹŠ/1#2#-3 ĹŠ! " ĹŠ  .ĹŠ4-ĹŠ, 8.1ĹŠ -ĂŒ,#1.ĹŠ"#ĹŠ,(%1 !(¢-ēŊ ĹŠ/#2 1ĹŠ "#ĹŠ04#ĹŠ#7(23#-ĹŠ#73#-2 2ĹŠ9.- 2ĹŠ !4+3(5 +#2ĹŠ"#ĹŠ - -.ĹŠ8ĹŠ.31 2ĹŠ !3(5(" "#2ĹŠ"#ĹŠ!(!+.ĹŠ!.13.ĔŊ+.2ĹŠ ! ,/#2(-.2ĹŠ+(3#1 +,#-3#ĹŠ2#ĹŠ' -ĹŠ !.-5#13(".ĹŠ#-ĹŠ#2!+ 5.2ĹŠ"#ĹŠ%1 -Äą "#2ĹŠ3#11 3#-(#-3#2ēŊ 2ĹŠ(,/.13 -3#ĹŠ/ 1 ĹŠ#+ĹŠ! ,/#2(Äą -.ĹŠ!4,/+(1ĹŠ!.-ĹŠ+ ĹŠ .-23(34!(¢-ēŊ #ĹŠ !4#1".ĹŠ +ĹŠ 13~!4+.ŊĉđĉĔŊ#2ĹŠ -#!#2 1(.ĹŠ04#ĹŠ3#1,(-#ĹŠ#+ĹŠ ! / Äą 1 ,(#-3.ĹŠ"#ĹŠ+ 2ĹŠ%1 -"#2ĹŠ#73#-Äą 2(.-#2ĹŠ"#ĹŠ3#11#-.ēŊ +ĹŠ1(!.ĹŠ2(%4#ĹŠ2(#-".ĹŠ,;2ĹŠ,(++.- Äą 1(.ĹŠ8ĹŠ#+ĹŠ).1- +#1.ĹŠ,;2ĹŠ/. 1#Ä“
ƒ ą
ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. ÄŒĹ?
4 8 2Ŋ!#+# 1 ŊŊ /1.5(-!( +(9 !(¢-
Ĺ—ĹŠ ĹŠĹŠ ĹŠÄ› 9ed kd Z[iĂ’ b[ Z[ _dj[]hWY_ÂŒd Z[ bei fk[Xbei ]kWoWi[di[i feh bWi fh_dY_# fWb[i YWbb[i Z[ =kWoWgk_b" bW fhel_dY_W Z[b =kWoWi Y[b[XhW iki Ă’ [ijWi feh bei '/& W‹ei Z[ fhel_dY_Wb_pWY_ÂŒd$
#23#).2ĹŠ#-ĹŠ -3.ĹŠ .,(-%.
Ĺ—ĹŠ ĹŠĹŠKdW ^ehW ZkhÂŒ [b Z[iĂ’ b[ feh bei jh[i W‹ei Z[ fhel_dY_Wb_# pWY_ÂŒd Z[ IWdje :ec_d]e Z[ bei Ji|Y^_bWi" gk[ _d_Y_ÂŒ W bWi &/0&&$ ;d bW [n^_X_Y_ÂŒd fWh# j_Y_fWhed '+ _dij_jkY_ed[i f‘# Xb_YWi o fh_lWZWi o '( Yeb[]_ei Yed iki XWdZWi Z[ c‘i_YW$ JeZei h[Yehh_[hed bW Wl[d_ZW Ji|Y^_bW fWhW h[dZ_h [b ^ec[# dW`[ W bW h[]_ÂŒd$ ;d bW jWhZ[" i[ h[Wb_pÂŒ bW i[i_ÂŒd ieb[cd[$
& !,v ŋ3ŋ )&),# )ŋ (ŋ . /(! (#-3.2Ŋ"#Ŋ/#12.Ĺ - 2Ŋ"(2$143 1.-Ŋ"#Ŋ + Ŋ31 "(!(.- +Ŋ!.,Ĺ / 12 Ŋ"#Ŋ+ Ŋ , Ŋ #%1 ēŊ
ŊěŊ7o[h" Z[iZ[ j[cfhW#
dWi ^ehWi" bWi YWbb[i Z[ BWjWYkd# ]W i[ bb[dWhed Z[ c‘i_YW" XW_b[" YkbjkhW o ieXh[ jeZe Z[ bW Wb[]h‡W Z[ jeZWi bWi f[hiedWi gk[ Wi_i# j_[hed Wb jhWZ_Y_edWb :[iĂ’ b[ Z[ bW CWcW D[]hW$ 9WZW kde Z[ bei f[hiedW`[i Yed iki [b[]Wdj[i jhW`[i YecfWh# j_ÂŒ Yed jeZei bei [YkWjeh_Wdei bW Ă’ [ijW cWoeh Z[ bW YWf_jWb Z[ 9eje# fWn_$ BWi jhWZ_Y_edWb[i YWc_iedWi ^ecXh[i Z_i\hWpWZei Z[ ck`[h Yegk[jWi f[he Z_iYh[jWi" XW_bW# XWd Wb ied Z[ bW c‘i_YW gk[ [d# jedWXWd bWi XWdZWi Z[ fk[Xbe$ Bei YWXWbb[hei \k[hed bei c|i XkiYWZei feh [ij[ jhWZ_Y_edWb f[hiedW`[" oW gk[ Yed ik Yegk[# j[h‡W heXWXW Y_[djei Z[ iedh_iWi
ēŊ " Ŋ4-.Ŋ"#Ŋ+.2Ŋ/#12.- )#2Ŋ5(23(¢Ŋ#+Ŋ 34#-".Ŋ/1./(.Ŋ"#+Ŋ$.+!+.1ē
[if[Y_Wbc[dj[ W bWi ck`[h[i gk[ Z_i\hkjWXWd Z[ bWi YecfWhiWi$ Bei c|i f[gk[‹ei jWcX_ƒd b[i ]h_jWXWd fWhW gk[ b[i h[]WbWi[d bWi
Ăˆ]ebei_dWiÉ f[gk[‹ei YWhWc[# jhei f_djWZei" \k[hed bW fWhj[ bei gk[ bb[lWXWd Z[djhe Z[ kd [i[dY_Wb Z[ bW Ă’ [ijW oW gk[ h[W# fW‹k[be [d kdW Z[ iki cWdei $ b_pWhed bWi b_cf_Wi W ]hWdZ[i o f[gk[‹ei gk[ i[ WfeijWhed [d bWi WY[hWi Z[ bWi Z_\[h[dj[i YW# 14# ĹŠ"#ĹŠ$4#19 Bei ĂˆWi^Wd]k[heiÉ jWcX_ƒd \k[# bb[i Z[ bW Y_kZWZ$ ;d kdW Z[ iki cW# hed WZc_hWZei feh bWi dei bei Ăˆ^kWYeiÉ bb[lW# f[hiedWi gk[ Z_i\hkjW# ĹŠ XWd kd Yko" kd ^k[le o XWd Z[b Z[iĂ’ b[" oW gk[ ^kWYWi eiWc[djWi Z[ [d ik [ifWbZW YWh]WXWd kd Y^WdY^e ]hWdZ[ gk[ /1.7(, " Äą ,#-3#ĹŠ2#(2ĹŠ'.1 2ĹŠ l[dWZe gk[ fWiWXWd [ijWXW WZehdWZe Yed "41¢Ŋ+ ĹŠ31 "(!(.Äą feh jeZe [b Yk[hfe Z[ iki Ăˆl‡Yj_cWiÉ$ \hkjWi" ]Wbb_dWi" Yko[i" - +ĹŠ!.,/ 12 Ä“ b_Yeh[i o ejhei Wb_c[d# jei o eX`[jei$ ,.2ĹŠ"#ĹŠ+ ĹŠ/ + 1 Bei Ăˆbe[heiÉ bWdpWhed ckY^Wi 2/(1(34 +(" " YefbWi f_YWh[iYWi fWhW Yed# Bei Ăˆ^kWYeiÉ" f[hiedWi Z_i\hW# gk_ijWh [b YehWpÂŒd Z[ bei c_b[i pWZWi Yed jhW`[i XbWdYei o hei# Z[ [if[YjWZeh[i$
Ŋ!#+# 1 !(¢ŊŊ Ŋ , Ŋ #%1 Ŋ#2Ŋ/ 13#Ŋ"#Ŋ4- Ŋ ŗ31 "(!(¢-Ŋ04#Ŋ$42(.- Ŋ+ 2Ŋ!4+341 2Ŋ
(-"~%#- 2ĹŠ#ĹŠ'(2/;-(! 2Ä“ 23 ĹŠÄƒĹŠ#23 ĹŠ++#- ĹŠ"#ĹŠ/#12.- )#2ĹŠ !41(.2.2ĔŊ#-ĹŠ+ ĹŠ04#ĹŠ2#ĹŠ %1 "#!#-ĹŠ+.2ĹŠ ,(+ %1.2ĹŠ"#ĹŠ+ ĹŠ (1%#-ĹŠ"#ĹŠ ĹŠ #1!#"ĔŊ $4#ĹŠ"#!+ 1 " ĹŠ#-ĹŠ.!34 1#ĹŠ"#ŊĉććĎŊ ÄĽ 31(,.-(.ĹŠ 4+341 +ĹŠ -3 -%( +#ĹŠĹŠ"#ĹŠ + ĹŠ !(¢-ČēŊ 2ĹŠ#+ĹŠ/#12.- )#ĹŠ!#-31 +ĹŠ"#ĹŠ#23#ĹŠ 1(34 +ĹŠ#2ĹŠ4-ĹŠ'., 1#ĹŠ5#23(".ĹŠ"#ĹŠ ,4)#1ĔŊ!.-ĹŠ$.++.-#2ĔŊ/.++#1 2ĔŊ! ,(2 ĹŠ .1" " ĹŠ"#ĹŠ!.+.1#2ĹŠ5(23.2.2ĹŠ8ĹŠ'#1Äą ,.2.2ĹŠ/  .+.-#2ēŊ 23#ĹŠ/#12.- )#ĹŠĹŠ2#ĹŠ ! , ( ĹŠ#-ĹŠ! " ĹŠ#204(- ēŊ
# #,.2Ŋ/1#2#15 1Ŋ#2#Ŋ/ 31(,.-(.Ŋ(-3 -%( +#Ŋ04#Ŋ #23;Ŋ!.,/4#23.Ŋ"#Ŋ,(3.2ĔŊ1(3.2ĔŊ.+.1#2ĔŊ!.+.1#2ĔŊ 2 .1#2ĔŊ#23 Ŋ31 "(!(¢-Ŋ3 -Ŋ/1#!(.2 ĔŊ-.Ŋ"#)#,.2Ŋ 04#Ŋ,4#1 Ģē
} ĹŠ
ĹŠ ĹŠ ĹŠ Ă‹
#!4#-3.ĹŠ"#ĹŠ+ ĹŠ31 "(!(¢ŗŊŊ +ĹŠ5(!#/1#2("#-3#ĹŠ"#ĹŠ+ ĹŠ #/ĂŒ +(! ĔŊ #-~-ĹŠ .1#-.ĔŊ04(#-ĹŠ$4#ĹŠ(-5(3 ".ĹŠ!.,.ĹŠ /1(.23#ĹŠ"#ĹŠ'.-.1ĔŊ'(9.ĹŠ4-ĹŠ1#!4#-3.ĹŠ"#ĹŠ+ 2ĹŠ31 "(!(.-#2ĹŠ#!4 3.1( - 2ĹŠ!.,.ĹŠ+ ĹŠ
!#+# 1 !(¢-Ŋ"#Ŋ+ Ŋ , Ŋ #%1 ĔŊ04#Ŋ 8#1Ŋ2#Ŋ1# +(9¢Ŋ#-Ŋ 3 !4-% ē +Ŋ #%4-".Ŋ -" 3 1(.Ŋ,#-!(.-¢Ŋ+ Ŋ(,/.13 -!( Ŋ"#Ŋ/1#2#15 1Ŋ#+Ŋ/ 31(,.Ĺ -(.Ŋ"#Ŋ+.2Ŋ#!4 3.1( -.2ĔŊ8 Ŋ04#Ŋĥ4-Ŋ/4# +.Ŋ! 1% ".Ŋ"#Ŋ+#8#-" ĔŊ! 1% ".Ŋ"#Ŋ ,(3.2Ŋ/1;!3(! ,#-3#Ŋ "04(#1#Ŋ2.+("#9Ŋ'(23¢1(! Ŋ8Ŋ2#Ŋ/1.8#!3 Ŋ' !( Ŋ#+Ŋ$4341.Ģē
(  (Ĺ‹ - '* ˜)Ĺ‹ Ĺ‹ #- &v Ĺ‹ ( , &
ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. ÄŒĹ?
Ć
#Ŋ#23;Ŋ)4% -".Ŋ!.-Ŋ#+Ŋ #1#!'.ĔŊ+ Ŋ+( #13 "Ŋ8Ŋ "#,;2Ŋ2#Ŋ#23;Ŋ)4% -Ĺ BW bWXeh gk[ bW <_iYWb‡W =[d[hWb ".Ŋ!.-Ŋ+ Ŋ2#%41(" "Ŋ)41~"(! Ŋ Z[b ;ijWZe ^W h[Wb_pWZe [d bei "#+Ŋ/ ~2ĢēŊ
ēŊ +Ŋ (2! +Ŋ #-#1 +Ŋ"().Ŋ04#Ŋ' 1;Ŋ. )#3(5(" "Ŋ#-Ŋ+ 2Ŋ(-5#23(% !(.-#2Ŋ"#Ŋ+.2Ŋ'#!'.2Ŋ"#+ŊĊćĹ ēŊŊ
-6(. 4ŋ*# ŋ, -* . ,ŋ /.)()'v ŋ ŋ #- &v +Ŋ$4-!(.- 1(.Ŋ "5(13(¢Ŋ04#Ŋ-.Ŋ2#Ŋ"#) Ĺ 1;Ŋ/1#2(.- 1Ŋ-(Ŋ/#1,(3(1;Ŋ(-)#1#-!( Ŋ"#Ŋ - "(#Ŋ#-Ŋ+ 2Ŋ(-5#23(% !(.-#2Ŋ"#+ŊĊćĹ ē
;b j_jkbWh Z[ bW <_iYWb‡W =[d[hWb fWhW ]WhWdj_pWh _dl[ij_]WY_ed[i Z[b ;ijWZe" MWi^_d]jed F[i|d# jhWdifWh[dj[i" Wf[]WZWi Wb :[# j[p" [n^ehjÂŒ W bWi Wkjeh_ZWZ[i h[Y^e o Wb Z[X_Ze fheY[ie$ JWcX_ƒd ^_pe ^_dYWf_ƒ gk[ Z[b fW‡i W h[if[jWh bW _dij_jk# Y_edWb_ZWZ o Wkjedec‡W Z[ [iW bWi _dl[ij_]WY_ed[i gk[ i[ WZ[# _dijWdY_W" W gk[ i[Wd YWkjWi [d bWdjWd [d bW <_iYWb‡W Z[ F_Y^_d# Y^W ied eX`[j_lWi o [d# iki [nfh[i_ed[i o gk[ cWhYWZWi [d [b Z[X_Ze i[ WXij[d]Wd Z[ ^WY[h ĹŠ fheY[ie" Yed Wf[]e W bW Yec[djWh_ei gk[ _cfb_# dehcW Yedij_jkY_edWb gk[d _d`[h[dY_W [d bWi 7hj$ ',& " feh [bbe bei _dl[ij_]WY_ed[i gk[ i[ ĹŠ/1¢7(, ĹŠ 2#, - ĔŊ #1.Äą c_[cXhei Z[ bW Feb_Y‡W h[Wb_pWd ieXh[ bei ^[# 3_!-(!.2ĔŊ #,/+# ".2ĹŠ!(5(Äą DWY_edWb o <<$77$ Z[# Y^ei Z[b )&#I$ +#2ĹŠ8ĹŠ.$(!( +#2ĹŠ"#ĹŠ X[d i[h `kp]WZei feh ;d kd Yeckd_YWZe + ĹŠ 2#ĹŠ _1# ĹŠ 2#1;-ĹŠ!(3 ".2ĹŠ ĹŠ Z[ fh[diW [b \kdY_edWh_e + ĹŠ (2! +~ ĹŠ ĹŠ1#-Äą [b \k[he Yec‘d" o iebe [d bei YWiei Z[ Z[b_jei ^_pe iWX[h gk[ d_d]kdW "(1ĹŠ24ĹŠ5#12(¢-ĹŠ +( 1#ĹŠ8ĹŠ5.+4-3 1( Ä“ Yec[j_Zei Z[djhe Z[ ik Wkjeh_ZWZ fk[Z[ fh[# c_i_ÂŒd [if[Y‡Ò YW _dj[h# i_edWh d_ Z_h[YY_edWh bWi _dl[ij_]WY_ed[i" fehgk[ bW l[dZh|d bWi iWbWi [if[Y_Wb_pWZWi <_iYWb‡W =[d[hWb WYj‘W Yed h[i# [d cWj[h_W c_b_jWh o feb_Y_Wb" Æo fediWX_b_ZWZ o fhe\[i_edWb_ice [ij[ de [i [b YWieÇ" WYbWhÂŒ$
#11 -.ĹŠ"(!#ĹŠ 04#ĹŠ2#ĹŠ04(2.ĹŠ (-3(,(" 1ĹŠ ĹŠ)4#9ĹŠ Ĺ—ĹŠĹŠ
+Ŋ,(-(231.Ŋ"#Ŋ 423(!( ĔŊ #1#!'.2Ŋ 4, -.2Ŋ8Ŋ 4+3.2ĔŊ .2_Ŋ #11 -.ĔŊ -3#Ŋ#+Ŋ 3#-3 ".Ŋ04#Ŋ24$1(¢Ŋ#+Ŋ5(#1-#2Ŋ #+Ŋ)4#9Ŋ"#Ŋ + %1 -!( ĔŊ 4 -Ŋ +.Ŋ #1-;-"#9ĔŊ04(#-Ŋ' Ŋ/1.!#2 ".Ŋ 5 1(.2Ŋ! 2.2Ŋ1#+ !(.- ".2Ŋ!.-Ŋ#+Ŋ ĊćĹ ĔŊ#-$ 3(9¢Ŋ04#Ŋ#23.Ŋ31 3 1~ Ŋ"#Ŋ (-3(,(" 1Ŋ +Ŋ, %(231 ".ē
(-(231.ĹŠ2#1;ĹŠ++ , ".
H[if[Yje Z[ bWi _dl[ij_]WY_ed[i fh[#fheY[iWb[i ieXh[ bW jecW Z[ bW 8Wi[ Z[b 7[hefk[hje CW# h_iYWb" F[i|dj[p WdkdY_ÂŒ gk[ i[ [dYk[djhW W bW [if[hW Z[ bW _d# \ehcWY_ÂŒd ieb_Y_jWZW Wb c_d_i# jhe Z[ :[\[diW" @Wl_[h FedY[$ De eXijWdj[" [ij[ :_Wh_e fkZe YedeY[h gk[ [b I[Yh[jWh_e Z[ ;ijWZe i[h‡W dej_Ă’ YWZe [d bei fhÂŒn_cei Z‡Wi" fWhW gk[ WYkZW W bW <_iYWb‡W" XW`e fh[l[dY_ed[i Z[ b[o" W h[dZ_h ik l[hi_ÂŒd Z[ bei ^[Y^ei Z[b )&#I" [d hWpÂŒd
#!+ 1 !(.-#2ĹŠ /.+_,(! 2 Ĺ—ĹŠĹŠ
+ĹŠ/ 2 ".ĹŠÄ‰ÄˆĹŠ"#ĹŠ.!34 1#ĔŊ#+ĹŠ 2#!1#3 1(.ĹŠ)41~"(!.ĹŠ"#ĹŠ+ ĹŠ 1#2("#-!( ĹŠ "#ĹŠ+ ĹŠ #/ĂŒ +(! ĔŊ +#7(2ĹŠ #1 ĔŊ"().ĹŠ ĹŠ+ ĹŠ/1#-2 ĹŠ04#ĹŠ#+ĹŠ . (#1-.ĹŠ/(#-2 ĹŠ 04#ĹŠ+.2ĹŠ24!#2.2ĹŠ04#ĹŠ2#ĹŠ"(#1.-ĹŠ#-ĹŠ+ ĹŠ 2#ĹŠ _1# ĹŠ"#ĹŠ 4(3.ĹŠ-.ĹŠ!.-23(34Äą 8#-ĹŠ4- ĹŠ(-$1 !!(¢-ĹŠ/#- +ĹŠ8ĹŠ04#ĹŠ#+ĹŠ ,(2,.ĹŠ!1(3#1(.ĹŠ2#ĹŠ"# #1~ ĹŠ43(+(9 1ĹŠ / 1 ĹŠ#+ĹŠ! 2.ĹŠ"#ĹŠ+.2ĹŠ,(+(3 1#2ĹŠ04#ĹŠ 2 +(#1.-ĹŠ ĹŠ+ ĹŠ + 9 ĹŠ"#ĹŠ ĹŠ #!.+#3 Ä“ %1#%¢Ŋ04#ĹŠ2(ĹŠ' 8ĹŠ2 -!(.-#2ĔŊ _23 2ĹŠ"# #1~ -ĹŠ2#1ĹŠ"#ĹŠ! 1;!3#1ĹŠ "(2!(/+(- 1(.Äą ",(-(231 3(5.ĔŊ/#1.ĹŠ 04#ĹŠ3 -3.ĹŠ_+ĹŠ!.,.ĹŠ#+ĹŠ . (#1-.ĹŠ 1#2/#3 1;-ĹŠ#+ĹŠ/1.-4-!( ,(#-3.ĹŠ 04#ĹŠ3#-% ĹŠ#+ĹŠ (2! +~ ĹŠ#-ĹŠ+.2ĹŠ3#, 2ĹŠ 1#$#1#-3#2ĹŠ +ŊĊćĹ Ä“ 1 ĹŠ#+ĹŠ #!1#3 1(.ĹŠ 41~"(!.ĹŠ"#ĹŠ+ ĹŠ 1#2("#-!( ĹŠ"#ĹŠ+ ĹŠ #/ĂŒ +(! ĔŊ+ ĹŠ/ Äą 1 +(9 !(¢-ĹŠ"#ĹŠ+.2ĹŠ2#15(!(.2ĹŠ/ĂŒ +(!.2ĹŠ "#+ĹŠ #1./4#13.ĹŠ 1(2! +ĹŠ 4!1#ĹŠ$4#ĹŠ 1# +(9 " ĹŠ/.1ĹŠ+.2ĹŠ/.+(!~ 2ĹŠ +ĹŠ' #1ĹŠ -".- ".ĹŠ+ 2ĹŠ"#/#-"#-!( 2ĹŠ"#ĹŠ ,(%1 !(¢-ĹŠ8ĹŠ- 1!¢3(!.2ĔŊ/.1ĹŠ+.ĹŠ04#ĹŠ "#ĹŠ/ 13#ĹŠ"#ĹŠ+.2ĹŠ,(#, 1.2ĹŠ"#ĹŠ+ ĹŠ ĹŠ -.ĹŠ'4 .ĹŠ+ ĹŠ(-3#-!(¢-ĹŠ"#ĹŠ/ 1 +(9 1ĹŠ - " ĔŊ/.104#ĹŠ8 ĹŠ#23 ĹŠ!.13 " Ä“
Z[ gk[ [d Zei eYWi_ed[i de ^W h[ifedZ_Ze Wb bbWcWZe$ ;b C_# d_ijhe jWcX_ƒd Z[X[h| h[c_j_h W [ijW Wkjeh_ZWZ [b b_ijWZe Z[ bei c_[cXhei Z[ bW <7; gk[ i[ je# cWhed bW f_ijW Z[b W[hefk[hje o bei c_b_jWh[i gk[ iWb_[hed W fhe# j[ijWh [d [b i[Yjeh Z[ BW H[Yeb[# jW" [d [b c_d_ij[h_e Z[ :[\[diW DWY_edWb$
‘bj_cei '' c[i[i [d YkWdje _d# l[ij_]WY_ed[i" f[hi[YkY_ÂŒd Z[b Z[b_je o WYkiWY_ed[i f[dWb Z[ fh[ikdjei _d\hWYjeh[i ^W ][d[hW# Ze fkdjei Z[ l_ijW [dYedjhWZei [djh[ `kh_ijWi gk[ ^Wd WdWb_pWZe bW \kdY_ÂŒd Z[ [ijW _dij_jkY_ÂŒd$ HWc_he Hec|d" [n cW]_i# jhWZe Z[ bW Z[iWfWh[Y_ZW 9eh# j[ Ikfh[cW Z[ @kij_Y_W 9I@ " feh [`[cfbe" Yedi_Z[hW gk[ [b c[`eh WY_[hje gk[ ^W j[d_Ze [b [ijWc[dje ^WijW [b cec[dje [i ik _d\hW[ijhkYjkhW" oW gk[ ^Wo kd [ifWY_e ZedZ[ [ijW _di# j_jkY_ÂŒd fk[Z[ Z[iWhhebbWh ik jhWXW`e" Wkdgk[ WYbWhÂŒ gk[ W l[Y[i [ijei [ifWY_ei de ied jWd \kdY_edWb[i$ Hec|d" i_d [cXWh]e" Yk[i# j_edÂŒ gk[ i[ fbWdj[[d `k_Y_ei gk[ de ied f[dWb[i o gk[ ^WoW kd Æh[jheY[ie Ze]c|j_Ye Z[ '&& W +& W‹ei" gk[ be ‘d_Ye gk[ ^WY[ [i j[d[h Wb ;YkWZeh [d kd [igk[# cW Z[ \WiY_ice ^WXbWdZe Z[ bW f[b_]hei_ZWZ Yed Yh_c_debe]‡W o be c|i ]hWl[ bW _dYh_c_dWY_ÂŒd Z[ bWi f[hiedWiÇ$ ;b [n Ă’ iYWb ][d[hWb Z[b ;ijW# Ze" <[hdWdZe 9WiWh[i" Ye_dY_Z_ÂŒ Yed Hec|d Wb i[‹WbWh gk[ bW _d\hW[ijhkYjkhW \‡i_YW [i kde Z[ bei WY_[hjei Z[ bW _dij_jkY_ÂŒd feh ^WX[h WZgk_h_Ze _dck[Xb[i fWhW YkXh_h jeZWi bWi d[Y[i_ZWZ[i Z[b i[hl_Y_e W d_l[b dWY_edWb$
ĹŠ :
Ŋ Ŋ Ŋ Ŋ Ŋ ēŊ
-ĄŊ4#-!( Ŋ /.+~3(! ŗŊŊ
,(1.ĹŠ .,;-ĹŠ "5(#13#ĹŠ04#ĹŠ2~ĹŠ ' 8ĹŠ4- ĹŠ/.2(!(¢-ĹŠ/.+~3(! ĹŠ"#-31.ĹŠ "#ĹŠ+ 2ĹŠ(-5#23(% !(.-#2ĹŠ04#ĹŠ(,/4+2 ĹŠ + ĹŠ (2! +~ ĹŠ #-#1 +ĹŠ"#ĹŠ+ ĹŠ !(¢-ĔŊ + 2ĹŠ,(2, 2ĹŠ04#ĹŠ2#%ĂŒ-ĹŠ24ĹŠ!1(3#1(.ĹŠ "# #1~ -ĹŠ2#1ĹŠ)41~"(! 2ēŊ -ĹŠ#23#ĹŠ 2#-3(".ĹŠ' +¢Ŋ"#ĹŠ+ 2ĹŠ 4"(#-!( 2ĹŠ"#ĹŠ ĄŊ %1 -!( ĔŊ"#ĹŠ$.1,4+ !(¢-ĹŠ"#ĹŠ! 1%.2ĹŠ 8ĹŠ"().ĹŠ04#ĹŠ ++~ĹŠ2#ĹŠ/4#"#ĹŠ5#1ĹŠ!¢,.ĹŠ2#ĹŠ #23;-ĹŠ42 -".ĹŠÄĄ"#!1#3.2ĹŠ24/1#,.2ĹŠ "#ĹŠ"(!3 "41 ĢēŊ .-ĹŠ#23 ĹŠ /1#!( !(¢-ĹŠ!.(-!(Äą "(¢Ŋ 41.ĹŠ #1;-ĔŊ#7ĹŠ5.! +ĹŠ"#+ĹŠ#7ĹŠ 1( 4- +ĹŠ .-23(34!(.- +Ŋĸ ĚŊ/ 1 ĹŠ 04(#-ĹŠÄĄ#2ĹŠ!+ 1.ĹŠ04#ĹŠ+ ĹŠ (2! +~ ĹŠ3(#-#ĹŠ 4-ĹŠ2#2%.ĹŠ/.+~3(!.Ģē +ĹŠ#7ĹŠÄƒĹŠ2! +ĹŠ%#-#1 +ĹŠ"#+ĹŠ 23 ".ĔŊ #1- -".ĹŠ 2 1#2ĔŊ#-ĹŠ! , (.ĔŊ"().ĹŠ 04#ĹŠ#2/#1 ĹŠ04#ĹŠ-.ĹŠ#7(23 ĹŠ#2#ĹŠ"(1#!Äą !(.- ,(#-3.Ä“
i_d \kdZWc[djei o ÆZ[ \ehcW Wb[]h[Ç$ J[h|d WYbWhÂŒ gk[ bW 9edij_jk# Y_ÂŒd l_][dj[ Z_ifed[ gk[ ÆfWhW fh_lWhb[ Z[ bW b_X[hjWZ W kdW f[h# iedW j_[d[ gk[ ^WX[h fh[ikdY_e# d[i ]hWl‡i_cWi fWhW gk[ i[ fk[# ZW Z_ifed[h Z[ [ijWÇ$ ;b `kh_ijW" WZ[c|i" i[ 31 ĹŠ5(2(¢ ĹŠ ceijhÂŒ fh[eYkfWZe feh# ;b [n leYWb Z[b [n Jh_Xk# gk[ bW fh_i_ÂŒd fh[l[dj_lW dWb 9edij_jkY_edWb J9 " Z[ /& Z‡Wi i[ [ij| Yed# CWkhe J[h|d" [d YWcX_e" 23 ĹŠ$(-#2ĹŠ"#ĹŠ "(!(#, 1#ĹŠ+ ĹŠ l_hj_[dZe kdW [if[Y_[ Z[ i[‹WbÂŒ gk[ ^WijW W^ehW (2! +~ ĹŠ#2/#1 ĹŠ i[dj[dY_W [d Ă’ hc[ Æfeh de ^W feZ_Ze l[h d_d]‘d !.-3 1ĹŠ!.-ĹŠ.$(!(Äą - 2ĹŠ#-ĹŠ3." 2ĹŠ+ 2ĹŠ gk[ W jeZW f[hiedW gk[ WY_[hje$ ÆI_cfb[c[dj[ [i /1.5(-!( 2ĹŠ"#+ĹŠ / ~2Ä“ de b[ W]hWZWd bWi ef_d_e# kdW i[h_[ Z[ cel_c_[d# d[i o fkdje Z[ l_ijW Z[b jei Yed j_dj[ feb‡j_YeÇ" Z_`e [b [n `k[p" gk_[d fkie Yece =eX_[hde" b[ iec[j[ Wdj[ bW <_i# [`[cfbe bW fh_i_ÂŒd fh[l[dj_lW" YWb‡W o b[ YedZ[dWd W /& Z‡Wi Z[ gk[ i[]‘d ƒb i[ [ij| Wfb_YWdZe fh_i_ÂŒdÇ$
ēŊ Ŋ(- 4%41 !(¢-Ŋ"#Ŋ-4#5 2Ŋ"#/#-"#-!( 2Ŋ"#Ŋ)423(!( Ŋ2.-Ŋ4-Ŋ+.%1.Ŋ"#+Ŋ #23 ,#-3.ē
!+ 1 !(¢-
+ŊĉćŊ"#ĹŠ.!34 1#ĹŠ#-ĹŠ#23 ĹŠ/;%(- ĹŠ2#ĹŠ/4 +(!¢Ŋ4- ĹŠ-.3(!( ĹŠ3(34+ " ĹŠÄĽ 2 ~ 2ĹŠ/("#ĹŠ (-$.1, !(¢-ČēŊ -ĹŠ+ ĹŠ-.3 ĹŠ2#ĹŠ'(9.ĹŠ1#$#1#-!( ĹŠ +ĹŠÄƒĹŠ"#(!.,(2.ĹŠ Äą ĹŠÄĽ .3 +ĹŠ (,/4-(" "ČĔŊ!4 -".ĹŠ+.ĹŠ!.11#!3.ĹŠ#2ĹŠ Äą ĹŠÄĽ .ĹŠ,;2ĹŠ(,/4-(" "ČēŊ .1ĹŠ+ 2ĹŠ ,.+#23( 2ĹŠ.! 2(.- " 2ĹŠ.$1#!#,.2ĹŠ"(2!4+/ 2Ä“
ć
Ĺ? ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€Ĺ?
Ĺ? +. ÄŒĹ?
)'# (4 (Ĺ‹ *, * , .#0)-Ĺ‹ *),Ĺ‹ &Ĺ‹ (-)Ĺ‹ ;b fhÂŒn_ce (. Z[ de# l_[cXh[ i[ h[Wb_pWh| [b 9[die Z[ FeXbWY_ÂŒd o L_l_[dZW [d jeZe [b fW‡i$ :[ &-0&& W '-0&& Z[ [i[ Zec_d]e ^WXh| _dce# l_b_pWY_ÂŒd o b[o i[YW$ ;b ?dij_jkje Z[ ;ijWZ‡ij_YWi o 9[diei ?D;9 _d\eh#
cÂŒ gk[ [b Z[Yh[je Z[ _dcel_# b_pWY_ÂŒd fhe^‡X[ [b jhWdifehj[ Wƒh[e dWY_edWb [ _dj[hdWY_edWb" cWh‡j_ce o Ă“kl_Wb" Wi‡ Yece [b jhWdifehj[ j[hh[ijh[ khXWde [d [i[ ^ehWh_e$ BW b[o i[YW h[]_h| [d jeZe [b fW‡i Z[iZ[ bWi (*0&& Z[b (, Z[ del_[cXh[$ -!4#23 2
Ied ),& c_b [ijkZ_Wdj[i gk[ i[ cel_b_pWh|d [i[ Z‡W fWhW h[Wb_pWh bWi [dYk[ijWi" ied -' fh[]kdjWi ieXh[ l_l_[dZW" ^e]Wh" c_]hW# Y_ÂŒd o feXbWY_ÂŒd$ 9WZW [dYk[ijW jecWh| [djh[ (+ W )& c_# ;b ?D;9 WZ[c|i dkjei$ ĹŠ _d\ehcÂŒ gk[" i[]‘d [b 7hj$ (' Z[ bW B[o Z[ ;ijWZ‡ij_YW" 1 ĹŠ, 8.1ĹŠ jeZW bW _d\ehcWY_ÂŒd h[Ye# (-$.1, !(¢-ĹŠ !.,4-~04#2#ĹŠ Ä–ĹŠ b[YjWZW [d [ijWi [dYk[ijWi ÄˆÄ‘Ä‡Ä‡ĹŠÄ‡Ä‘ĹŠÄ‡Ä‘ĹŠÄ‡Ä‘Ä”ĹŠ j_[d[ [b YWh|Yj[h Z[ h[i[h# !#-2.2ĉćĈćĞ (-#!Ä“%. Ä“#!ĹŠ8ĹŠ ĹŠ lWZW o de feZh| i[h kj_b_# 666Ä“!#-Äą 2.2ĉćĈćē%. Ä“#! pWZW fWhW ejhe Ă’d gk[ de i[W fWhW [b Ă’d [ijWZ‡ij_Ye$
ēŊ Ŋ/1(,#1 Ŋ5#9Ŋ2#Ŋ -4-!(¢Ŋ04#Ŋ+ Ŋ1#' (+(3 !(¢-Ŋ"#+Ŋ #11.! 11(+Ŋ!.-!+4(1~ Ŋ#+ŊĉĎŊ"#Ŋ)4-(.Ŋ"#Ŋĉććđē
BOLSA DE VALORES DE QUITO EXTRACTO RESOLUCIĂ“N de autorizaciĂłn de la anotaciĂłn en el Registro Especial para Valores No Inscritos (REVNI) de los valores denominados “PagarĂŠ a la Ordenâ€? emitidos por Extractora y Procesadora de Aceites EPACEM S.A. 1.- RAZĂ“N SOCIAL DEL EMISOR: EXTRACTORA Y PROCESADORA DE ACEITES EPACEM S.A. 2.- NOMBRE DE LA INSTITUCIĂ“N QUE SOLICITA LA ANOTACIĂ“N: EXTRACTORA Y PROCESADORA DE ACEITES EPACEM S.A. 3.- RESOLUCIĂ“N Y FECHA DE AUTORIZACIĂ“N: ResoluciĂłn No. DIR-REVNI-016-2010 de 28 de octubre del 2010. 4.- TIPO DE TĂ?TULOS A NEGOCIARSE: Emisor TĂtulo Valor Destino de los Fondos
Monto Monto por serie NĂşmero de tĂtulos y valor nominal
Plazo GarantĂa
Tasa de interĂŠs Pago InterĂŠs Base de CĂĄlculo AmortizaciĂłn
Agente Pagador Casa de Valores que Patrocina la anotaciĂłn
EXTRACTORA Y PROCESADORA DE ACEITES EPACEM S.A. PagarĂŠ a la Orden con vencimientos sucesivos Los recursos provenientes de la colocaciĂłn de tĂtulos en el REVNI, a travĂŠs de la Bolsa de Valores, serĂĄn destinados a financiar capital de trabajo. USD. 2,000,000.00 Serie 1: USD 200,000.00 Serie 2: USD 1,800,000.00 Se emitirĂĄn pagarĂŠs por el valor establecido para cada serie. Se podrĂĄ emitir macro tĂtulos, es decir cada tĂtulo podrĂĄ contener uno o mĂĄs valores, pero siempre de USD 2,500.00 o mĂşltiples de ese valor. Serie 1: 180 dĂas vista Serie 2: 367 dĂas vista GarantĂa General: La presente emisiĂłn estĂĄ respaldada por garantĂa general, es decir el 80% de los libres de gravamen de la compaĂąĂa. GarantĂa EspecĂfica: Se ha constituido con fecha 1ro de octubre del 2010, el Fideicomiso Mercantil de AdministraciĂłn de Recursos EPACEM, el cual serĂĄ administrado por Administradora de Fondos del Pichincha S.A. FONDOSPICHINCHA S.A. Las caracterĂsticas generales del fideicomiso son las siguientes: * La compaĂąĂa se compromete aportar al fideicomiso la cobranza de clientes locales por un monto de USD 500,000.00 mensuales durante la vigencia de la emisiĂłn. * Se aprovisionarĂĄ mensualmente porcentajes pre establecidos sobre del flujo que ingresa al fideicomiso para cubrir el pago del prĂłximo pago de cupĂłn de interĂŠs y capital. * El excedente de lo recaudado de las cobranzas serĂĄ devuelto al emisor. Serie 1: 8,50% Serie 2: 9,25% El pago de intereses para ambas clases serĂĄ trimestral 30/360 Serie 1: La amortizaciĂłn de capital serĂĄ al vencimiento, esto es a los 180 dĂas. Serie 2: La amortizaciĂłn de capital serĂĄ al vencimiento, esto a los 367 dĂas. Administradora de Fondos del Pichincha S.A. FONDOSPICHINCHA S.A. PROBROKERS S.A. Casa de Valores
5.- FECHA DE INICIO DE LA NEGOCIACIĂ“N: A partir del tercer dĂa hĂĄbil bursĂĄtil de publicado el presente extracto y de notificado el aviso de participaciĂłn en la subasta de negociaciĂłn de valores no inscritos de renta fija. 6.- FECHA DE VENCIMIENTO DE LA ANOTACIĂ“N: 26 de abril 2011 7.- CASA DE VALORES COLOCADORA. PROBROKERS S.A. Casa de Valores Los valores materia de esta anotaciĂłn, no constituye oferta pĂşblica. El cumplimiento de estas operaciones no se encuentra amparado por el Fondo de GarantĂa de EjecuciĂłn aportado por las Casas de Valores. La autorizaciĂłn de la anotaciĂłn no implica, de parte de la Bolsa de Valores ni de los miembros del Directorio de ĂŠsta instituciĂłn, recomendaciĂłn alguna para la suscripciĂłn o adquisiciĂłn de valores, ni pronunciamiento en sentido alguno sobre su precio, la solvencia de entidad emisora, el riesgo o la rentabilidad de los valores. Quito D.M., 28 de octubre de 2010. Dr. Patricio PeĂąa PRESIDENTE DEL DIRECTORIO
AR/79905/cc
,,) ,,#&Ĺ‹3 Ĺ‹ -.6Ĺ‹ ! ( , ( )Ĺ‹#(!, -)-Ĺ‹ #ĹŠ#2/#1 ĹŠ04#ĹŠ#23#ĹŠ,#"(.ĹŠ./#1#ĹŠ +ĹŠ ÄˆÄ‡Ä‡Ĺ˜ĹŠ"#ĹŠ24ĹŠ! / !(" "ĹŠ#-ĹŠÄ‰Ä‡ÄˆÄ‰Ä“ĹŠ ĹŠ $4-!(.- ĹŠ#-ĹŠ2#(2ĹŠ/1.5(-!( 2Ä“
@eh][ 9Whh[hW" fh[i_Z[dj[ Z[ d‡W Wf[dWi [b ) Z[ WlWdY[$ <[hheYWhh_b[i Z[b ;YkWZeh" [n# fb_YÂŒ Wo[h [d [b [dbWY[ iWXWj_de 41(2,. Z_h_]_Ze feh [b l_Y[fh[i_Z[dj[ ;b jhWce :kh|d#Gk_je fWiW feh , fhel_dY_Wi" (( ck# Z[ bW H[f‘Xb_YW" B[d‡d d_Y_f_ei o *- fWhhegk_Wi Ceh[de" gk[ [b <[hhe# ĹŠ hkhWb[i$ ;d bWi Yeckd_# YWhh_b oW [ij| ][d[hWdZe ZWZ[i feh ZedZ[ [b jh[d _d]h[iei [d bWi Yeckd_# fWiW ^Wo '+( [cfh[d# ZWZ[i feh ZedZ[ fWiW$ Ä?Ä?ČĊĎđēÄ?ÄŽÄˆĹŠ"¢+ Äą 1#2ĹŠ#2ĹŠ#+ĹŠ,.-3.ĹŠ 7]h[]ÂŒ gk[ [d [b "#ĹŠ+ ĹŠ(-5#12(¢-ĹŠ Z_c_[djei h[bWY_edWZei "#ĹŠ. 1 2ĹŠ"#ĹŠ5( +(Äą Wb jkh_ice Yed be gk[ [i jhWce Z[ :kh|d ^Wi# " "ĹŠ#-ĹŠ .3./ 7(ēŊ ]Wijhedec‡W" Whj[iWd‡Wi" jW Gk_je i[ h[]_ijhW kd i[hl_Y_ei Z[ jhWdifehj[ o WlWdY[ Z[b )( o gk[ [d bei fhÂŒn_cei Zei W‹ei i[ c|i" Z_`e 9Whh[hW$ ;d bei ‘bj_cei Zei W‹ei o WlWdpWh| [b ,. gk[ \WbjW o WdkdY_ÂŒ gk[ [d (&'( i[ _dWk# c[Z_e gk[ [b \[hheYWhh_b i[ [d# Yk[djhW fWhY_Wbc[dj[ ef[hWd# ]khWh| [ijW eXhW$ Æ;d be gk[ i_]d_Ă’YW _d\hW[i# Ze i[ [ij_cW gk[ '& c_b ((* jhkYjkhW ^[cei ][d[hWZe [c# jkh_ijWi dWY_edWb[i [ _dj[hdW# fb[e [d bWi pedWi ZedZ[ fWiW Y_edWb[i ^Wd i_Ze jhWdifehjW# [b <[hheYWhh_b$ ;ij[ W‹e i[ ^Wd Zei [d [ij[ i[hl_Y_e iÂŒbe [d [b YedjhWjWZe c|i Z[ ) c_b f[h# jhWce Z[ BWjWYkd]W$ Æ;ije ^W ][d[hWZe [cfb[e iedWi" f[hiedWb YWb_Ă’YWZe o de Z_h[Yje gk[ X[d[Ă’Y_W W c|i YWb_Ă’YWZeÇ" W]h[]ÂŒ$ ;b \kdY_edWh_e" i_d [cXWh# Z[ ()& \Wc_b_WiÇ" Yed\_hcÂŒ ]e" de i[ h[Ă’h_ÂŒ Wb h[jhWie gk[ 9Whh[hW" gk_[d jWcX_ƒd c[d# ^Wd j[d_Ze bei jhWXW`ei" fk[i Y_edÂŒ gk[ i[ ^Wd _cfkbiWZe Yece fWhj[ Z[ iki fh_c[hWi /,& [cfb[ei _dZ_h[Yjei o gk[ e\[hjWi ]kX[hdWc[djWb[i" HW# c|i Z[ // c_b f[hiedWi ^Wd \W[b 9ehh[W WdkdY_ÂŒ fWhW [b (+ l_i_jWZe bei cki[ei \[hhel_W# Z[ `kd_e Z[ (&&." YkWdZe i[ h_eiÇ" Z_`e$ Ykcfb‡Wd bei '&& W‹ei Z[ bW _dWk]khWY_ÂŒd Z[b <[hheYWhh_b /#1 3(5(" "ĹŠ gk[ kd_ÂŒ W Gk_je o =kWoWgk_b" 9Whh[hW _dZ_YÂŒ gk[ WYjkWbc[d# bW [djh[]W Z[ ik h[^WX_b_jW# j[ [b \<i /. a_bÂŒc[jhei ac Z[ Y_ÂŒd$ Æ;b <[hheYWhh_b [d iki Gk_je W BWjWYkd]W" bei (( ac '&& W‹ei h[]h[iWh|Ç" Z_`e [d# Z[ :kh|d W OW]kWY^_" bei )"+ jedY[i [b Fh_c[h CWdZWjWh_e" ac Z[ JWcXe W 9eoeYjeh" ÆZed# f[he fWhW [iW \[Y^W bW eXhW j[# Z[ i[ ^W _Ze Z[iWhhebbWdZe jeZe
-5#12(¢-Ŋ#-Ŋ .3./ 7( ŗŊŊ
.1%#ĹŠ 11#1 ĔŊ/1#2("#-3#ĹŠ"#ĹŠ #11.! 11(+#2ĹŠ"#+ĹŠ !4 ".1ĔŊ#7/+(!¢Ŋ 04#ĹŠ 3 !4-% ĹŠ8 ĹŠ3(#-#ĹŠ4-ĹŠ (38ĹŠ .41ĹŠ "#+ĹŠ04#ĹŠ2#ĹŠ #-#ă!( -ŊĉĉŊ$ ,(+( 2ēŊ -ĹŠ 3 !4-% ĔŊ#+ĹŠ . (#1-.ĹŠ#23;ĹŠ (-5(13(#-".ĹŠ#-ĹŠ#+ĹŠ3#, ĹŠ"#ĹŠ #11.! 11(Äą +#2ĹŠ,;2ĹŠ"#ĹŠÄˆÄ‘ĹŠ,(++.-#2ĹŠ"#ĹŠ"¢+ 1#2ĹŠ#-ĹŠ #23 !(.-#2ĹŠ#-ĹŠ#+ĹŠ31 ,.ĹŠ$#11.5( 1(.ēŊ "#,;2ĹŠ#-ĹŠ#+ĹŠ#-+ !#ĹŠ2 3(-.ĹŠ2#ĹŠ #7/+(!¢Ŋ04#ĹŠ#-ĹŠ"(!(#, 1#ĹŠ2#ĹŠ(- 4%4Äą 1 1;ĹŠ#+ĹŠ #1./4#13.ĹŠ -3#1- !(.- +ĹŠ"#ĹŠ
3 !4-% ēŊ ĹŠ1#' (+(3 !(¢-ĹŠ"#ĹŠ#23 ĹŠ 2#ĹŠ _1# ĹŠ2(%-(ă!¢Ŋ4- ĹŠ(-5#12(¢-ĹŠ"#ĹŠ ÄŠÄ’ĹŠ,(++.-#2ĹŠ"#ĹŠ"¢+ 1#2ēŊ
#-#ă!(.2ĹŠ 2.!( +#2 Ĺ—ĹŠĹŠ
+ĹŠ/1.8#!3.ĹŠÄĽ .-!(#-!( ĹŠ .!( +ĹŠ 2. 1#ĹŠ (#+#2ÄŚĹŠ/#1,(3(1;ĹŠ04#ĹŠ/#12.- 2ĹŠ !.-ĹŠ"(2! / !(" "ĔŊ "4+3.2ĹŠ, 8.1#2ĔŊ -( .2ĹŠ8ĹŠ-( 2ĹŠ"#ĹŠ#2!4#+ 2ĹŠÄƒ2! +#2ĔŊ8ĹŠ /#12.- 2ĹŠ04#ĹŠ1#!( #-ĹŠ#-ĹŠ#+ĹŠ .-.ĹŠ"#ĹŠ "#2 11.++.ĹŠ'4, -.ĹŠ/4#" ĹŠ !!#"#1ĹŠ ĹŠ +.2ĹŠ2#15(!(.2ĹŠ"#+ĹŠ$#11.! 11(+ēŊ
[b j[cW jkh‡ij_YeÇ$ Æ;ijWcei [d fheY[ie Z[ h[^WX_b_jWY_ÂŒd Z[b jhWce ?XWhhW Ă„ IWb_dWi gk[ j_[# d[ kd WlWdY[ Z[ '+ $ ;b j‘d[b [d [b i[Yjeh Z[b 9^WdY^|d gk[ lW W f[hc_j_h kd_h bW IeijW Yed bW I_[hhW" ied ./& c[jhei Z[ kd j‘d[b \[hhel_Wh_e$ BW l‡W 7bWk# i‡ [d [b bk]Wh YedeY_Ze Yece bW DWh_p Z[b :_WXbe j_[d[ kd .& Z[ WlWdY[Ç" fkdjkWb_pÂŒ [b \kdY_edWh_e$
/ ŋ ŋ- #-ŋ &ŋ (Ä' ,)ŋ ŋ '/ ,.)-ŋ*),ŋ Ē )'6-ēŋ
/ ŋ#(0 -.#! ,6ŋ # (. ŋ Z, )ŋ -#(ŋ 3/ ŋ 2. ,( ēŊ ,(+( 1#2Ŋ#2/#1 -Ŋ/.1Ŋ242Ŋ,4#13.2Ŋ$1#-3#Ŋ +Ŋ -23(343.Ŋ"#Ŋ #"(!(- Ŋ #% +Ŋ"#Ŋ Ŋ - ē
8#1ĹŠ!.-!+48¢Ŋ#+ĹŠ1#2! 3#ĹŠ"#ĹŠ! ";5#Äą 1#2ĹŠ8ĹŠ!.,#-9¢Ŋ+ ĹŠ3 1# ĹŠ"#ĹŠ("#-3(ÄƒĹŠ! Äą !(¢-ĹŠ"#ĹŠ+ 2ĹŠ5~!3(, 2Ä“ `[hei \Wbb[Y_Zei [d [b i_d_[i# Z[b WYY_Z[dj[ Wƒh[e eYkhh_Ze [d jhe" (. i_[cfh[ h[ikbjWh|d Z[ 9kXW ZedZ[ ckh_[hed ,. f[h# ]hWd kj_b_ZWZ bei [b[c[djei iedWi i[h| h[Wb_pWZW Ƈdj[]hW# gk[ Wfehj[d bei \Wc_b_Wh[i e bWi c[dj[ feh f[hiedWb YkXWdeÇ" _dij_jkY_ed[i gk[ h[fh[i[djWd W i[]‘d _d\ehcÂŒ Wo[h [b Z_Wh_e bWi l‡Yj_cWiÇ" Z_Y[ [ij[ [nf[hje$ =hWdcW" ÂŒh]Wde eĂ’ Y_Wb Z[b ]e# X[hdWdj[ o ‘d_Ye FWhj_Ze 9e# 1# 2 ckd_ijW Z[ bW _ibW$ ;ijW _d\ehcWY_ÂŒd i[ fkXb_YÂŒ Æ9kXW j_[d[ fb[dW YWfWY_ZWZ ^ehWi Wdj[i Z[ gk[ bei [gk_fei fWhW _dl[ij_]Wh bW jhW# gk[ jhWXW`Wd [d bW pedW ][Z_W Wƒh[WÇ" j_jkbÂŒ Wo[h ĹŠ Z[b WYY_Z[dj[ Wƒh[e eYk# =hWdcW [d kd Whj‡Ykbe hh_Ze [d 9kXW YedYbk# ZedZ[ i[ ikXhWoW gk[ [b o[hWd [b h[iYWj[ Z[ bei fW‡i Z_ifed[ Z[ kdW h[Z .ĹŠ2#ĹŠ"#2! 13 ĹŠ 04#ĹŠ$ ,(+( 1#2ĹŠ"#ĹŠ h[ijei cehjWb[i Z[ bWi dWY_edWb Z[ Yh_c_dWb‡i# + 2ĹŠ5~!3(, 2ĹŠ5( Äą ,. l‡Yj_cWi$ j_YW Yed bei h[Ykhiei )#-ĹŠ"#2"#ĹŠ242ĹŠ Bei Yk[hfei Z[ bWi / ~2#2ĹŠ ĹŠ ĹŠ cWj[h_Wb[i d[Y[iWh_ei o - ĹŠ/ 1 ĹŠ l‡Yj_cWi \k[hed jhWibW# $ !(+(3 1ĹŠ+ 2ĹŠ f[hiedWb [if[Y_Wb_pWZe" 3 1# 2ĹŠ"#ĹŠ("#-3(Äą ZWZei ^WijW [b [Z_Ă’ Y_e be gk[ f[hc_j[ ÆWikc_h $(! !(¢-Ä“ Z[b ?dij_jkje Z[ C[Z_Y_# Yed i[h_[ZWZ bW _Z[dj_Ă’ # dW B[]Wb Z[ BW >WXWdW YWY_ÂŒd Z[ bWi l‡Yj_cWiÇ$ fWhW ik _Z[dj_Ă’ YWY_ÂŒd" ;b Z_Wh_e Y_jW Z[YbWhWY_ed[i _d\ehcWhed c[Z_ei eĂ’ Y_Wb[i o Z[ @eh][ =edp|b[p Fƒh[p" h[Yjeh \k[dj[i Z_fbec|j_YWi$ Z[ bW Kd_l[hi_ZWZ Z[ 9_[dY_Wi Kd [nf[hje \eh[di[ Yedikb# CƒZ_YWi Z[ BW >WXWdW o [nf[h# jWZe feh [b Z_Wh_e ;iYWcXhWo je \eh[di[ gk[ [ij| jhWXW`WdZe Z[ IWdYj_ If‡h_jki bW fhel_dY_W [d bW pedW Z[b Y[djhe Z[ 9kXW ZedZ[ i[ fheZk`e [b i_d_[ijhe ZedZ[ eYkhh_ÂŒ [b WYY_Z[dj[ Z[ bW _dZ_YÂŒ gk[ [b [ijWZe Z[ YWhXe# W[hedWl[ 7JH#-( Z[ bW YecfW# d_pWY_ÂŒd Z[ bei Yk[hfei fk[Z[ ‹‡W dWY_edWb 7[heYWh_XX[Wd$ Yecfb_YWh jeZe [b fheY[ie Z[ Æ;d [b YWie Z[ bei [njhWd# _Z[dj_Ă’ YWY_ÂŒd$
ĹŠ ĔŊ ĹŠÄš BW _dl[ij_]WY_ÂŒd
1;,(3#2Ŋ"#Ŋ1#/ 31( !(¢-
IeXh[ bei Y_kZWZWdei [njhWd# `[hei \Wbb[Y_Zei [d [b WYY_Z[dj[" lWh_Wi [cXW`WZWi YedikbjWZWi feh ;\[ _dZ_YWhed gk[ i[ [d# Yk[djhWd W bW [if[hW Z[ h[Y_X_h _d\ehcWY_ÂŒd fWhW YeehZ_dWh Yed iki fW‡i[i bei jh|c_j[i Z[ h[fWjh_WY_ÂŒd Z[ bei YWZ|l[h[i$ ;d [b YWie Z[ 7h][dj_dW" ik [cXW`WZehW [d 9kXW" @kb_WdW ?iWX[b CWh_de" Yed\_hcÂŒ gk[ ik fW‡i kbj_cW bei jh|c_j[i fWhW [dl_Wh W bW _ibW kd Wl_ÂŒd Yed bW ZeXb[ Ă’ dWb_ZWZ Z[ jhW[h W \Wc_# b_Wh[i Z[ bei \Wbb[Y_Zei o bb[lWhi[ Z[ifkƒi bei h[ijei cehjWb[i Z[ dk[l[ Wh][dj_dei o kd _jWb_Wde Yed h[i_Z[dY_W f[hcWd[dj[ [d [i[ fW‡i ckh_[hed [d [b WYY_# Z[dj[$ JWcX_ƒd Cƒn_Ye" Yed i_[j[ Z[ iki Y_kZWZWdei ck[hjei [d [b i_d_[ijhe" W]kWhZW del[ZWZ[i ieXh[ [b fheY[ie fWhW YeehZ_dWh bWi WYjkWY_ed[i Yehh[ifedZ_[d# j[i" Z_`e [b [cXW`WZeh =WXh_[b @_# cƒd[p H[cki" YkoW _cfh[i_ÂŒd [i gk[ bWi jWh[Wi Z[ _Z[dj_Ă’ YW# Y_ÂŒd lWd W ZkhWh lWh_ei Z‡Wi$ 7Z[c|i Z[ bei Y_kZWZWdei Wh][dj_dei o c[n_YWdei" [d bW W[hedWl[ 7JH#-( Z[ bW Yec# fW‹‡W YkXWdW 7[heYWh_XX[Wd l_W`WXWd jh[i ^ebWdZ[i[i" Zei Wb[cWd[i" Zei WkijhWb_Wdei" kd \hWdYƒi" kd `Wfedƒi" kd l[d[pe# bWde o kd [ifW‹eb$
ĹŠ } ĔŊ ĹŠÄ› ;b d‘c[he Z[ ck[hjei feh [b fWie Z[b ^k# hWY|d ĂˆJec|iÉ feh >W_j‡ i[ [b[lW W i[_i" c_[djhWi Zei f[hiedWi f[hcWd[Y[d Z[iWfWh[Y_ZWi o '' h[ikbjWhed ^[h_ZWi [d lWh_ei Z[fWhjWc[djei Z[b fW‡i" i[]‘d kd dk[le _d\ehc[ e\h[Y_Ze Wo[h feh bW :_h[YY_ÂŒd Z[ Fhej[YY_ÂŒd 9_l_b Z[ bW _ibW YWh_X[‹W$ ĂˆJec|iÉ" gk[ i[ Wb[`W Z[ >W_j‡ [d Z_h[YY_ÂŒd deh[ij[ jhWi Z[]hW# ZWhi[ W jehc[djW jhef_YWb" Z[i# YWh]ÂŒ \k[hj[i fh[Y_f_jWY_ed[i W ik fWiÂŒ feh [i[ fW‡i$ JWcX_ƒd *+ YWiWi \k[hed Z[i# jhk_ZWi o '& h[ikbjWhed ZW‹WZWi [d bWi pedWi W\[YjWZWi" c_[djhWi gk[ '. c_b f[hiedWi \k[hed [lW# YkWZWi [d Z_l[hiei Z[fWhjWc[d# jei o '* c_b [ij|d [d WbX[h]k[i j[cfehWb[i" _dZ_YÂŒ bW Fhej[YY_ÂŒd 9_l_b$ 9_[djei Z[ c_b[i Z[ f[hiedWi gk[ l_l[d XW`e YWhfWi [d YWcfei Z[ Z[ifbWpWZei Z[iZ[ [b Z[lWi# jWZeh j[hh[ceje Z[b '( Z[ [d[he ^Wd ik\h_Ze Z_h[YjWc[dj[ bWi bbkl_Wi$ ;d 7hj_Xed_j[ dehj[ o FbW# j[Wk 9[djhWb [ij[ " gk[ WYjkWb# c[dj[ fh[i[djWd Xhej[i Z[ kdW [f_Z[c_W Z[ YÂŒb[hW" jWcX_ƒd i[ [ij_cW gk[ bWi fh[Y_f_jWY_ed[i feZh‡Wd i[h _cfehjWdj[i$
ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. ÄŒĹ?
Ĉ
ēŊ .2ĹŠ' (3( -.2ĔŊ04#ĹŠ ĂŒ-ĹŠ-.ĹŠ 2#ĹŠ1#!4/#1 -ĹŠ"#+ĹŠ3#11#,.3.ĹŠ"#+ĹŠÄˆÄ‰ĹŠ"#ĹŠ #-#1.ĹŠ5.+5(#1.-ĹŠ ĹŠ2#1ĹŠ! 23(% ".2ĹŠ/.1ĹŠ+ ĹŠ - 341 +#9 Ä“
) ĹŠ(-3#-2(" "
JhWi Whhe`Wh bbkl_Wi jehh[dY_Wb[i [d >W_j‡ o H[f‘Xb_YW :ec_d_YW# dW o c[dei _dj[diWi [d 9kXW o Fk[hje H_Ye" ĂˆJec|iÉ i[ Wb[`W Z[ bWi _ibWi JkhYei o 9W_Yei o Ye# c_[dpW W WZ[djhWhi[ [d [b eYƒW# de 7jb|dj_Ye [d Z_h[YY_ÂŒd deh[i# j[ [d kd fheY[ie Z[ Z[]hWZWY_ÂŒd o fƒhZ_ZW Z[ _dj[di_ZWZ" i[]‘d [b 9[djhe DWY_edWb Z[ >khWYW# d[i 9D> Z[ ;;$KK$ BW fƒhZ_ZW Z[ _dj[di_ZWZ Z[b c[j[ehe Yec[dpÂŒ [d bW cW# Zhk]WZW Z[b i|XWZe Wb XW`Wh iki l_[djei Z[ bei ''/ a_bÂŒc[jhei feh ^ehW Yed be gk[ [b ^khWY|d i[ Yedl_hj_ÂŒ [d jehc[djW jhef_YWb$
3/ ŋ#(. ,( #)( &ŋ&& ! ŋ ŋ )-. ŋ # ŋ*),ŋ#(/( #)( Ŋ ^ĔŊ Ŋě BW WokZW _dj[hdW#
Y_edWb ^W [cf[pWZe W bb[]Wh W 9eijW H_YW fWhW YebWXehWh [d bWi bWXeh[i Z[ h[iYWj[ Z[ ZWcd_# Ă’ YWZei feh bWi _dkdZWY_ed[i o Z[ib_pWc_[djei [d bW f[eh [c[h# ][dY_W gk[ ^W l_l_Ze [i[ fW‡i [d bei ‘bj_cei W‹ei" _d\ehcÂŒ Wo[h bW 9ec_i_ÂŒd DWY_edWb Z[ ;c[h][d# Y_Wi 9D; $ 9ebecX_W" FWdWc| o =kWj[# cWbW [dl_Whed Wl_ed[i o ^[b_YÂŒf# j[hei gk[ Æf[hc_j_h|d \ehjWb[Y[h kd fk[dj[ Wƒh[e gk[ bWi Wkjeh_# ZWZ[i beYWb[i [ij|d eh]Wd_pWdZe fWhW bb[lWh Wi_ij[dY_W ^kcWd_jW# h_W W bWi Yeckd_ZWZ[i gk[ ^Wd i_Ze c|i _cfWYjWZWi feh [b j[c# fehWb" gk[ ^WijW W^ehW ^W Z[`W# Ze Wb c[dei () \Wbb[Y_Zei o YWi_ ) c_b f[hiedWi gk[ ^Wd Z[X_Ze jhWibWZWhi[ W kd WbX[h]k[$ =kWj[cWbW fkie W Z_ifei_Y_ÂŒd Z[ IWd @eiƒ kd Wl_ÂŒd 9#*- Z[ bW <k[hpW 7ƒh[W Yed (+ jh_fkbWdj[i [if[Y_Wb_pWZei [d h[iYWj[ o h[# ZkYY_ÂŒd Z[ Z[iWijh[i" Z[jWbbÂŒ bW Fh[i_Z[dY_W Z[ bW H[f‘Xb_YW [d kd Yeckd_YWZe$ ;2ĹŠ!.+ .1 !(¢-
C_[djhWi jWdje" kd ^[b_YŒfj[he fWdWc[‹e 8[bb#('( Yed YWfWY_# ZWZ fWhW '( f[hiedWi bb[]Œ Wo[h W 9eijW H_YW$ 9ebecX_W" feh ik fWhj[" [dl_Œ Zei ^[b_YŒfj[hei0 kd K^#,& Yed YWfWY_ZWZ fWhW '. fWiW`[hei o
ēŊ #!#- 2Ŋ"#Ŋ!.,4-(" "#2Ŋ 2#Ŋ, -3(#-#-Ŋ (2+ " 2Ŋ8Ŋ Ŋ+ Ŋ#2/#1 Ŋ "#Ŋ 84" ē
kd 8[bb#('(" Yed iki h[if[Yj_lei jh_fkbWdj[i [if[Y_Wb_pWZei [d h[iYWj[ ^kcWd_jWh_e$ 8e]ej| jWcX_ƒd fkie W Z_ife# i_Y_ÂŒd Z[ 9eijW H_YW Zei Wl_ed[i 9#')& >ƒhYkb[i fWhW jhWdifehj[ Z[ YWh]W Yed ,/ [if[Y_Wb_ijWi [d iWbkZ" kd ^eif_jWb Z[ YWcfW‹W" [gk_fe gk_h‘h]_Ye o kd YWc_ÂŒd Z[ jhWdifehj[$ BWi W[hedWl[i i[ kj_b_pWh|d fWhW [dl_Wh WokZW ^kcWd_jWh_W W bWi Yeckd_ZWZ[i Z[b FWY‡Ò Ye Y[djhWb o ikh YeijWhh_Y[di[ gk[ i[ cWdj_[d[d _dYeckd_YWZWi Z[iZ[ [b cWhj[i fWiWZe Z[X_Ze Wb Z[iXehZ[ Z[ bei h‡ei$ ;b j[cfehWb" gk[ _d_Y_ÂŒ [b cWhj[i" ^W YWkiWZe i[l[hei ZW# ‹ei [d dk[l[ fk[dj[i" +. jhWcei Z[ l‡Wi dWY_edWb[i o kd WYk[ZkY# je gk[ cWdj_[d[ i_d W]kW W c_b[i Z[ f[hiedWi$
ĉ
Ĺ? ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€Ĺ?
Ĺ? +. ÄŒĹ?
, ( # ŋŋ ( , (.šŋŋ )., ŋ$),( ŋŋ )(ó# .#0 ŋ } ĔŊ Ŋ ě
<hWdY_W l_l_ÂŒ Wo[h kdW dk[lW `ehdWZW Z[ fhej[ijWi YedjhW bW h[\ehcW Z[b i_ij[cW Z[ f[di_ed[i" WfheXWZW oW feh [b I[dWZe" Yed kdW YbWhW YW‡ZW Z[ bW fWhj_Y_fWY_ÂŒd [d YecfWhWY_ÂŒd Yed bWi Y_jWi Wdj[h_eh[i$ ;b =eX_[hde Y_\hÂŒ [d )-+ c_b bei \hWdY[i[i gk[ iWb_[hed W bW YWbb[ [d bWi (*' cWhY^Wi Z[ jeZe [b fW‡i o ^WXbÂŒ Z[ kd Æh[jheY[ie d[jeÇ Z[ bW WĂ“k[dY_W W bWi cWd_# \[ijWY_ed[i$ ;b ZWje [ij| feh Z[XW`e Z[ bei +,& c_b Z[b fWiWZe (. Z[ eYjk# Xh[" [d bW ‘bj_cW fhej[ijW YedjhW [b j[nje gk[ [b[lWh| bW [ZWZ c‡# d_cW Z[ `kX_bWY_ÂŒd [d <hWdY_W Z[ bei ,& W bei ,( W‹ei o Z[ bei ,+ W bei ,- W‹ei fWhW WYY[Z[h W bW f[di_ÂŒd ‡dj[]hW$ Bei i_dZ_YWjei ^WXbWhed Z[ '"( c_bbed[i Z[ f[hiedWi" bWi gk[ i[ cWd_\[ijWhed [d bW `eh# dWZW Z[ Wo[h" \h[dj[ W bei Y[hYW Z[ Zei c_bbed[i [d gk[ Y_\hW# hed bW fWhj_Y_fWY_ÂŒd Z[b (. Z[ eYjkXh[$ ;d FWh‡i i[ Yed]h[]Whed (. c_b f[hiedWi" i[]‘d bW Feb_Y‡W" \h[dj[ W bWi )' c_b Z[ bW ‘bj_cW cWhY^W$
) # ,()Ĺ‹ -* ˜)&Ĺ‹ 0#. Ĺ‹*)& '#4 ,Ĺ‹ )(Ĺ‹ &Ĺ‹ * Ĺ‹ +ĹŠ .-3~ă!#ĹŠ!.Äą ,#-3¢Ŋ04#ĹŠ#-ĹŠ 2Äą /  Ŋ#2ĹŠ-#!#2 1(.ĹŠ 04#ĹŠ' 8 ĹŠ4- ĹŠ 1##5 -%#+(9 !(¢-Ä“ ĔŊ ĹŠÄ› ;b =eX_[hde [ifW# ‹eb i[ WXijkle Wo[h Z[ feb[c_# pWh Yed [b fWfW 8[d[Z_Yje NL? Z[ifkƒi Z[ gk[ [b Fedj‡ÒY[ Wi[# ]khWhW gk[ [d ;ifW‹W [n_ij[ kd Wdj_Yb[h_YWb_ice Yece [d bei W‹ei )& Z[b i_]be fWiWZe" Wkd# gk[ i[ ceijhÂŒ iehfh[dZ_Ze feh kdW YecfWhWY_ÂŒd Z[ [iWi YWhWY# j[h‡ij_YWi$ <k[dj[i Z[b ;`[Ykj_le Yedikb# jWZWi gk_i_[hed h[ijWh jhWiY[d# Z[dY_W W [iW h[Ă“[n_ÂŒd Z[ 8[d[# Z_Yje NL? ^[Y^W [d [b Wl_ÂŒd gk[ b[ jhWibWZWXW Z[iZ[ HecW ^WijW IWdj_W]e Z[ 9ecfeij[bW" ZedZ[ Wo[h _d_Y_ÂŒ kdW l_i_jW Z[ Zei `eh# dWZWi gk[ jWcX_ƒd b[ bb[lWh| W 8WhY[bedW$
Ŋ"#!+ 1 !(¢-
;b FWfW ikXhWoŒ gk[ ;ifW# ‹W d[Y[i_jW kdW h[[lWd][b_#
-9 -Ŋ3 13 Ŋ Ŋ+~"#1Ŋ ! 3¢+(!.
Ĺ—ĹŠ ĹŠĹŠ ĔŊ ĹŠÄ› ;b `[\[ Z[ bW ?]b[i_W YWjÂŒb_YW [d 8ƒb]_YW" 7dZhƒ#@ei[f^ BƒedWhZ" gk[ ^W WYWfWhWZe fehjWZWi [d bei ‘bj_cei Z‡Wi feh iki febƒ# c_YWi Z[YbWhWY_ed[i ieXh[ [b i_ZW" bW f[Z[hWij_W o bW ^ecei[nkWb_ZWZ" h[Y_X_ÂŒ kd ĂˆjWhjWpeÉ [d bW YWhW c_[djhWi eĂ’Y_WXW kdW c_iW Y[hYW Z[ bW YWj[ZhWb Z[ 8hki[bWi$ ;b _dY_Z[dj[" gk[ \k[ h[]_ijhW# Ze [d l‡Z[e feh kdW f[hiedW gk[ ]hWXWXW bW b_jkh]_W" i[ fheZk`e [b Z‡W Z[ JeZei bei IWdjei [d kdW YWf_bbW WZoW# Y[dj[ W bW YWj[ZhWb Xhki[b[di[ Z[ IWd C_]k[b o IWdjW =kZkbW #i[]‘d fh[Y_iÂŒ Wb f[h_ÂŒZ_Ye ĂˆB[ Ie_hÉ [b fehjWlep \hWdYÂŒ\e# de Z[b 7hpeX_ifWZe$
%#-!( 2ĹŠ 2#ĹŠ4-#-ĹŠ!.-31 ĹŠ + ĹŠ/(1 3#1~
ŗŊ ŊŊ ^ Ŋĸ ^ ĚĔŊ Ŋě 7][dY[ <hWdY[ Fh[ii[ 7<F ēŊ #-#"(!3.Ŋ Ŋ(-(!(¢Ŋ 8#1Ŋ24Ŋ5(2(3 Ŋ#-Ŋ -3( %.Ŋ"#Ŋ .,/.23#+ ē
pWY_ÂŒd o gk[ ^W dWY_Ze [d [b fW‡i ÆkdW bW_Y_ZWZ" kd Wdj_# Yb[h_YWb_ice" kd i[YkbWh_ice \k[hj[ o W]h[i_le Yece i[ l_e [d bW ZƒYWZW Z[ bei W‹ei )&Ç" [d j_[cfei Z[ bW ?? H[f‘Xb_# YW o [d [b kcXhWb Z[ bW =k[hhW 9_l_b$
ĹŠ1#2/4#23
;b =eX_[hde de Z[i[W ^WY[h Ye#
c[djWh_ei ieXh[ [iWi Wfh[# Y_WY_ed[i" Z[Ă’[dZ[ bW b_X[h# jWZ Z[ [nfh[i_ÂŒd [ _di_ij[ [d gk[ lW W cWdj[d[h kdW jejWb YebWXehWY_ÂŒd fWhW gk[ bW l_i_jW Z[ 8[d[Z_Yje NL? i[W kd ƒn_je" i[‹WbWhed bWi \k[dj[i$ ;d [i[ Yedj[nje" W]h[]W# hed" [b =eX_[hde h[Yk[hZW bW h[kd_ÂŒd ÆYehZ_WbÇ gk[ ^W cWdj[d_Ze [b FWfW Yed [b l_Y[fh[i_Z[dj[ fh_c[he" 7b# \h[Ze Fƒh[p HkXWbYWXW" [d [b 7[hefk[hje Z[ IWdj_W]e" bW fh[i[dY_W Z[ lWh_ei c_# d_ijhei [d bei WYjei gk[ i[ Z[iWhhebbWh|d [d [ijW Y_k# ZWZ o [d 8WhY[bedW" o bW [d# jh[l_ijW Z[ cW‹WdW [djh[ [b Fedj‡ÒY[ o [b `[\[ Z[b =e# X_[hde" @eiƒ Bk_i HeZh‡]k[p PWfWj[he$ 7Z[c|i" ]WhWdj_pWd gk[ de lWd W W\[YjWh be c|i c‡# d_ce Wb fb[de Wfeoe gk[ i[ lW W ZWh W bW eh]Wd_pWY_ÂŒd Z[ bW @ehdWZW CkdZ_Wb Z[ bW @kl[djkZ gk[ i[ Y[b[XhWh| [d CWZh_Z [d W]eije Z[ (&'' o gk[ YedjWh| Yed bW fh[i[dY_W Z[b FWfW$
+ -!#ĹŠ2#ĹŠ ' 1;ĹŠ +ĹŠÄƒ- + Ĺ—ĹŠĹŠ
2ĹŠ$4#-3#2ĹŠ!.-24+3 " 2ĹŠ /.1ĹŠ ĹŠ1#!.-.!(#1.-ĹŠ04#ĹŠ+ 2ĹŠ / + 1 2ĹŠ"#+ĹŠ / ĔŊ,;2ĹŠ ++;ĹŠ"#+ĹŠ 1#2/#3.ĹŠ!.-ĹŠ#+ĹŠ04#ĹŠ2.-ĹŠ !.%(" 2ĔŊ ' -ĹŠ/1.5.! ".ĹŠ2.1/1#2 ĹŠ#-ĹŠ#+ĹŠ 2#-.ĹŠ"#+ĹŠ )#!43(5.ĹŠ#2/  .+Ä“ 4#-3#2ĹŠ"#ĹŠ+ ĹŠ"(1#!!(¢-ĹŠ"#+ĹŠ 13(".ĹŠ .!( +(23 Ŋĸ#-ĹŠ#+ĹŠ/."#1ĹŠ #-ĹŠ 2/  ĚŊ#5(3 1.-ĹŠ3 , (_-ĹŠ #-31 1ĹŠ#-ĹŠ/.+_,(! ĹŠ!.-ĹŠ#+ĹŠ .-3~Äą ă!#ĹŠ8ĹŠ#,/+ 9 1.-ĹŠ +ĹŠÄƒ- +ĹŠ"#ĹŠ24ĹŠ 5(2(3 ĹŠ/ 1 ĹŠ' !#1ĹŠ4-ĹŠ + -!#ĹŠ"#ĹŠ + ĹŠ,(2, Ä“
o ;<;" Zei Z[ bWi ]hWdZ[i W][dY_Wi _dj[hdWY_edWb[i" bb[]Whed W kd WYk[hZe fWhW YecXWj_h Z[ \ehcW Yed`kdjW bW f_hWj[h‡W o [b kie _dZ[X_Ze Z[ bei YhƒZ_jei [d bWi _d\ehcW# Y_ed[i h[fheZkY_ZWi feh bei c[Z_ei$ I[]‘d _d\ehcWhed ^eo WcXWi [dj_ZWZ[i" bWi Zei W][dY_Wi kj_b_pWh|d ^[hhWc_[djWi o j[Ydebe]‡Wi Yeckd[i fWhW Z[j[YjWh W Wgk[bbei f_hWjWi gk[ kiWd Z[ cWd[hW _dZ[X_ZW iki Yedj[d_Zei" [d YkWbgk_[hW Z[ bei \ehcWjei" o YedjWh|d Yed [nf[hjei b[]Wb[i fWhW bW Z[\[d# iW Yed`kdjW Z[ bW fhef_[ZWZ _dj[b[YjkWb Z[ iki h[if[Yj_lWi dej_Y_Wi$
+#!!(.-#2ĹŠ ,4-(!(/ +#2ĹŠ #-ĹŠ 1 %4 8
Ĺ—ĹŠ ĹŠĹŠ ÂĄ ĔŊ ŊěŊ>eo ) c_bbed[i )' c_b '*) Z[ fWhW# ]kWoei gk[ [ij|d [cfWZhedW# Zei WYkZ_h|d W bWi khdWi fWhW [b[]_h W WbYWbZ[i o c_[cXhei Z[ bWi `kdjWi ckd_Y_fWb[i [d (). Z_ijh_jei fWhW kd cWdZWje Z[ YkWjhe W‹ei$ Bei Yeb[]_ei [b[YjehWb[i WXh_# h|d W bWi &-0&& o Y[hhWh|d W bWi '-0&& o bei fh_c[hei h[ikb# jWZei eĂ’Y_Wb[i i[ YedeY[h|d jh[i ^ehWi Z[ifkƒi" i[]‘d [b Jh_XkdWb Ikf[h_eh Z[ @kij_Y_W ;b[YjehWb JI@; $
Ĺ? ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€Ĺ?
Ĺ? +. ÄŒĹ?
ēŊ ) 1Ŋ+.2Ŋ-(5#+#2Ŋ"#Ŋ"#5 23 !(¢-Ŋ .2!.2 Ŋ#2Ŋ/ 13#Ŋ"#+Ŋ. )#3(5.Ŋ"#Ŋ+ 2Ŋ/1./4#23 2ē
), -. #š(Ćŋ- ŋ &#-. (ŋ / , )-ŋ +Ŋ/1.%1 , Ŋ ĔŊ04#Ŋ$4#Ŋ+ -9 ".Ŋ #-Ŋ ./#-' %4#ĔŊ3#-"1;Ŋ1#2/ +".Ŋ#-Ŋ+ Ŋ +#% 1Ŋ Ŋ !4#1". ŊŊ -Ŋ4- Ŋ"#Ŋ+ 2Ŋ;1# 2Ŋ".-"#Ŋ' 8Ŋ ŗ,;2Ŋ"(5#1%#-!( 2ĔŊ+ Ŋ"#Ŋ,(3(% !(¢-ĔŊ /1¢7(, Ŋ 4, 1#Ŋ +(,;3(! ē ^ ĔŊ ŊěŊŊ;b c_d_ijhe Z[ C[#
Z_e 7cX_[dj[ Z[ Cƒn_Ye" @kWd HW\W[b ;bl_hW" WZ[bWdjÂŒ gk[ [n_ij[ ÆkdW Z[Y_i_ÂŒd fh|Yj_YW# c[dj[ b_ijW o Z[ _cfb[c[djW# Y_ÂŒd _dc[Z_WjWÇ [d h[bWY_ÂŒd Yed bW Yh[WY_ÂŒd Z[ c[YWd_icei fWhW h[ZkY_h bWi [c_i_ed[i YWkiWdj[i Z[ Z[\eh[ijWY_ÂŒd o Z[]hWZWY_ÂŒd H;::!" i_]bWi [d _d]bƒi $ Æ;ijW Z[Y_i_ÂŒd dei f[hc_j_# h‡W Wj[dZ[h Y[hYW Z[b (& Z[ bWi [c_i_ed[i ]beXWb[i Z[ ]Wi[i Z[ [\[Yje _dl[hdWZ[he W d_l[b ckd# Z_WbÇ" W]h[]ÂŒ ;bl_hW Gk[iWZW [d bW _dWk]khWY_ÂŒd Z[ kdW h[kd_ÂŒd c_d_ij[h_Wb fh[l_W W bW NL? 9ed\[h[dY_W Z[ bWi FWhj[i Z[ bW EDK ieXh[ 9WcX_e 9b_c|j_Ye gk[ j[dZh| bk]Wh [ij[ c[i [d 9WdY‘d 9EF', $ ,/.13 -!( ĹŠ
;b C_d_ijhe c[n_YWde [nfb_YÂŒ gk[ [b fhe]hWcW H;::! Æ[i i_d ZkZW kd j[cW Z[ ]hWd fej[dY_Wb fWhW 9WdY‘dÇ" fk[i Whj_YkbW bW Ă’dWdY_WY_ÂŒd ^WijW (&'( Z[b \ed# Ze ckdZ_Wb fWhW _cfkbiWh bW h[# Yedl[hi_ÂŒd Z[ pedWi W\[YjWZWi
feh bW Z[\eh[ijWY_ÂŒd [d fW‡i[i [d Z[iWhhebbe$ <k[ bWdpWZe [b fWiWZe Z_# Y_[cXh[ ZkhWdj[ bW 9kcXh[ 9b_c|j_YW Z[ 9ef[d^W]k[ 9EF'+ " Yed Dehk[]W" ;;$KK$" 7kijhWb_W" <hWdY_W" @WfÂŒd o [b H[_de Kd_Ze Yece _cfkbieh[i o fh_c[hei ZedWdj[i$ ;b c_d_ijhe ;bl_hW h[YehZÂŒ gk[ H;::! Yk[djW oW ÆYed )(* WYk[hZei Yed ZWjei [if[Y‡ÒYei Yed h[if[Yje W Ă’dWdY_Wc_[dje" *) ZedWdj[iÇ o Æ/) fW‡i[i h[# Y[fjeh[iÇ Z[ \edZei fWhW fh[# l[d_h [b YWb[djWc_[dje ]beXWb [l_jWdZe bW Z[]hWZWY_ÂŒd Z[ bei Xeigk[i$ ÆI[i[djW fW‡i[i oW ^Wd h[Y_# X_Ze h[Ykhiei [YedÂŒc_Yei fWhW fhej[][h Xeigk[i o i[blWiÇ" W]h[]ÂŒ$ !.%(" ĹŠ
7b Z‡W Z[ ^eo" h[YehZÂŒ [b j_jkbWh Z[ bW I[Yh[jWh‡W Z[ C[Z_e 7c# X_[dj[ o H[Ykhiei DWjkhWb[i Z[ Cƒn_Ye I[cWhdWj " Æbei fW‡i[i ZedWdj[i ^Wd Yecfhec[j_Ze *$,&& c_bbed[i Z[ ZÂŒbWh[i" Z[
+.2ĹŠ1#!.13#2ĹŠ"#ĹŠ#,(2(.-#2ĹŠ!.-3 ,(Äą - -3#2ĔŊ#2/#!( +,#-3#ĹŠ"#ĹŠ"(¢7(".ĹŠ "#ĹŠ! 1 .-.Ŋĸ ĉĚĔŊ 4 -ĹŠ $ #+ĹŠ +5(1 ĔŊ"().ĹŠ04#ĹŠ' ~ ĹŠ04#ĹŠ1#"4!(1ĹŠ+ 2ĹŠ "($#1#-!( 2ĹŠ#-31#ĹŠ+.2ĹŠ/ ~2#2ĹŠ,;2ĹŠ8ĹŠ ,#-.2ĹŠ(-"4231( +(9 ".2Ä“ (- +,#-3#ĔŊ'(9.ĹŠ4-ĹŠ++ , ".ĹŠ /1#5(.ĹŠ ĹŠ+ ĹŠ ĈÄ?ĹŠ/ 1 ĹŠ04#ĹŠ#-ĹŠ +.2ĹŠ31 ).2ĹŠ#-31#ĹŠ1#/1#2#-3 -3#2ĹŠ %4 #1- ,#-3 +#2ĹŠ2# -ĹŠ(-!+4(" 2ĹŠ /.13 !(.-#2ĹŠ"#+ĹŠ2#!3.1ĹŠ/1(5 ".ĔŊ ! "_,(!.ĔŊ%14/.2ĹŠ(-"~%#- 2ĹŠ8ĹŠ "#ĹŠ+ ĹŠ2.!(#" "ĹŠ!(5(+ĔŊ04#ĹŠ!.-2("#1¢Ŋ ÄĄ2.!(.2ĹŠ!+ 5#ĢŊ/ 1 ĹŠ#23.2ĹŠ#2$4#19.2ĹŠ !.-31 ĹŠ#+ĹŠ! , (.ĹŠ!+(,;3(!.Ä“
bei YkWb[i [b -& fhel_[d[ Z[ \edZei X_bWj[hWb[i o [b )& Z[ \edZei ckbj_bWj[hWb[iÇ$ ÆI[ jhWjW Z[ kdW _cfehjWdj[ _d_Y_Wj_lW YeWZoklWdj[ Wb fhe# Y[ie \ehcWb gk[ c[h[Y[ i[h h[fb_YWZW [d ejhei j[cWi Z[ bW d[]eY_WY_ÂŒdÇ" ieijkle ;bl_hW$ ;d bW h[kd_ÂŒd" @kWd HW\W[b ;bl_hW i[‹WbÂŒ gk[ b[ _dj[h[iW# XW ÆbWdpWh i[‹Wb[i Z[ YedĂ’Wd# pW fh[l_WiÇ W bW 9EF'," kdW Y_jW W bW gk[ Wi_ij_h|d )&$&&& h[fh[i[djWdj[i Z[ c|i Z[ '/& fW‡i[i$
: ēŊ ĹŠ(- "#!4 " ĹŠ2#/ 1 !(¢-ĹŠ"#ĹŠ"#2#!'.2ĹŠ/.1ĹŠ/ 13#ĹŠ"#ĹŠ+ ĹŠ!(4" " -~ ĹŠ "(ă!4+3 ĹŠ#+ĹŠ /1.5#!' ,(#-3.Ä“
&ŋ ( ð #)ŋ &ŋ, # & $ ŋ (ŋ ,Ä
ĔŊ ŊěŊ 9_[d c_b f[hiedWi [d
F[h‘ i[ Z[Z_YWd W bW h[Yeb[Y# Y_ÂŒd Z[ XWikhW o ik l[djW Yece cWj[h_Wb h[Y_YbWXb[" Z[ bWi gk[ **$&&& [`[hY[d [ijW WYj_l_ZWZ [d bW h[]_ÂŒd c[jhefeb_jWdW Z[ B_cW" _d\ehcÂŒ bW [cfh[iW Z[ h[# Y_YbW`[ F[h‘ MWij[ ?ddelWj_ed$ I[]‘d i[‹WbÂŒ [ijW YecfW‹‡W [d kdW dejW Z[ fh[diW" '& c_b \Wc_b_Wi i[ Z[Z_YWd [d B_cW W ^kh]Wh [d bei Z[i[Y^ei fWhW l[dZ[h be W‘d Wfhel[Y^WXb[ o feh [ijW WYj_l_ZWZ _d]h[iWd ^Wi# jW '(& ZÂŒbWh[i c[dikWb[i$ I_d [cXWh]e" Z[ WYk[hZe Yed bei ZWjei \WY_b_jWZei feh bW [c# fh[iW" [ijWi kd_ZWZ[i \Wc_b_Wh[i Z[`Wd Z[ _d]h[iWh kdei (.' ZÂŒbW# h[i YWZW c[i feh \WbjW Z[ h[Y_YbW# `[ [d eh_][d" kdW Y_\hW gk[ ikf[# hW [d kdei .. ZÂŒbWh[i [b iWbWh_e c‡d_ce [d F[h‘ Wbh[Z[Zeh Z[ '/) ZÂŒbWh[i $ #).1 1ĹŠ+ ĹŠ2#/ 1 !(¢-
:[ bei -"+ c_bbed[i Z[ jed[bW#
.%1 1ĹŠ4-(1+.2
^ ĔŊ ŊŊěŊ Ŋ/1¢7(, Ŋ 4,
ēŊ .2ĹŠ/ ~2#2ĹŠ04#ĹŠ/ 13(!(/ 1;-ĹŠ#-ĹŠ+ ĹŠ 4, 1#ĹŠ"#ĹŠ -!ĂŒ-ĹŠ"# #1;-ĹŠ3., 1ĹŠ+ ĹŠ"#!(2(¢-Ä“
ÄŠ
(/ĹŠ#!.+¢%(!. ĹŠ #2!.-#!3#ĹŠ+.2ĹŠ / 1 3.2ĹŠ04#ĹŠ-.ĹŠ43(+(!#ĔŊ Ĺ—/4#2ĹŠ#+ĹŠÄ?ÄŽĹ˜ĹŠ"#ĹŠ+ ĹŠ#+#!31(!(" "ĹŠ% 23 " ĹŠ#-ĹŠ ! 2 ĹŠ/1.5(#-#ĹŠ"#ĹŠ_23.2ēŊ
ZWi Z[ XWikhW ][d[hWZWi [d B_cW Z_Wh_Wc[dj[" bW YkWhjW fWhj[ kdWi '". jed[bWZWi [i ikiY[fj_Xb[ Z[ iec[j[hi[ W jhWjWc_[dje fWhW kiWhi[ dk[# lWc[dj[" i_ X_[d bW Y_kZWZW# d‡W h[Y_YbW iÂŒbe [b )& Z[ [iW YWdj_ZWZ$ I[]‘d F[h‘ MWij[ ?ddelW# j_ed" i_ bW Y_kZWZWd‡W i[fWhWi[ Yehh[YjWc[dj[ bei h[i_Zkei" bW l[djW Z[ cWj[h_Wb[i h[Y_YbWXb[i WiY[dZ[h‡W W kdei )"-. c_bbe# d[i Z[ ZÂŒbWh[i c[dikWb[i" be gk[ \Wleh[Y[h‡W W bWi f[hiedWi gk[ jhWXW`Wd [d [ijW WYj_l_ZWZ [d [b |h[W c[jhefeb_jWdW [d B_cW$ 7YjkWbc[dj[" [b =eX_[hde f[hkWde ^W Z[Yh[jWZe kdW deh# cWj_lW gk[ Ă’`W Yece eX`[j_le fWhW (&'' bW _cfb[c[djWY_ÂŒd Z[ kd fhe]hWcW Z[ i[]h[]WY_ÂŒd [d eh_][d Yece fWhj[ Z[b fheY[ie Z[ h[Yeb[YY_ÂŒd Z[ h[i_Zkei iÂŒ# b_Zei Zec_Y_b_Wh_ei" i[]‘d F[h‘ MWij[ ?ddelWj_ed$
1#ĹŠ +(,;3(! ĹŠ"#ĹŠ+ ĹŠ ĹŠ04#ĹŠ2#ĹŠ!#+# 1 1;ĹŠ #-ĹŠ -!ĂŒ-ĹŠ3(#-#ĹŠ#-31#ĹŠ242ĹŠ1#3.2ĹŠ+.%1 1ĹŠ04#ĹŠ/ ~2#2ĹŠ!.,.ĹŠ '(- ĹŠ8ĹŠ Ä“ ēŊ 2#ĹŠ24,#-ĹŠ ĹŠ4-ĹŠ/1.!#2.ĹŠ,4+3(+ 3#1 +ĹŠ"#ĹŠ+4!' ĹŠ!.-31 ĹŠ#+ĹŠ! +#-3 ,(#-3.ĹŠ %+. +ĹŠ8ĹŠ04#ĹŠ#+ĹŠ+("#1 9%.ĹŠ"#+ĹŠ,(2,.ĹŠ2(% ĹŠ#-ĹŠ, -.2ĹŠ"#ĹŠ !(.-#2ĹŠ -(" 2ĔŊ "().ĹŠ #1#2 ĹŠ ( #1 ĔŊ2#!1#3 1( ĹŠ"#ĹŠ 23 ".ĹŠ"#ĹŠ 2/  Ŋ/ 1 ĹŠ#+ĹŠ , (.ĹŠ +(,;3(!.Ä“
Ä Ä€
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ?Ĺ?
ĹŠ ĹŠ
/3(,(23 ĹŠ+4#%.ĹŠ "#+ĹŠ"(5.1!(.ĹŠ
ĹŠ: ĹŠÄš ;d kd i^em
gk[ Z_e [d kdW Ă’ [ijW fh_lWZW" bW YWdjWdj[ Xhe# c[ÂŒ WY[hYW Z[ ik i[fW# hWY_ÂŒd$ Æ;ijW YWdY_ÂŒd [i fWhW YkWbgk_[h f[hiedW gk[ gk_[h[ [dYedjhWh kd dk[le WcehÇ" Z_`e Wdj[i Z[ YWdjWh Ăˆ7j bWijÉ$ BW YWdjWdj[ h[Y_X_ÂŒ kd c_bbÂŒd Z[ ZÂŒbWh[i fWhW [b i^em Z[ >Wbbem[[d Z[b ckbj_c_bbedWh_e 9^Whb[i 8hWdZ[i$ ĹŠ
.-5.! ĹŠ ĹŠ242ĹŠ$ -#2ĹŠ
(+#8Ŋ 8142Ŋ !4"(¢Ŋ Ŋ "1("Ŋ/ 1 Ŋ!(3 12#Ŋ!.-Ŋ"#!#- 2Ŋ"#Ŋ2#%4(".1#2Ŋ04#ĔŊ !.-5.! ".2Ŋ Ŋ31 5_2Ŋ"#Ŋļ !# ..*ČĔŊ#2/#1 -Ŋ#,.!(.- ".2Ŋ Ŋ24Ŋ~".+.Ŋ,42(Ĺ ! +Ŋ/ 1 Ŋ5#1+ Ŋ#-Ŋ"(1#!3.Ŋ8Ŋ/+ -3# 1+#Ŋ +%4- 2Ŋ/1#%4-3 2Ŋ2. 1#Ŋ24Ŋ31 8#!3.1( ēŊ
Ŋ! -3 -3#Ŋ#23 ".4-("#-2#Ŋ5(2(3 Ŋ 2/  Ŋ/ 1 Ŋ 2(23(1Ŋ Ŋ+ Ŋ% + Ŋ"#Ŋ#-31#% Ŋ"#Ŋ +.2Ŋ/1#,(.2Ŋ Ŋ#41./#.2Ŋ04#Ŋ2#Ŋ!#+# 1 -Ŋ#23#Ŋ"~ ēŊ
ÄĽ .8ĹŠ 4- ĹŠ /#12.- ĹŠ -.1, +ÄŚ
ĹŠ
ĹŠ
#1-.ĹŠ "#ĹŠ '(+ĹŠ .++(-2ĹŠ
ĹŠ: ŊĚŊ +ĹŠ 231.ĹŠ"#ĹŠÄĽ 1#Äą /ĂŒ2!4+.ÄŚĹŠ8ĹŠ+ ĹŠ'() ĹŠ"#+ĹŠ+#%#-" 1(.ĹŠ ! -3 -3#ĹŠ '(+ĹŠ .++(-2ĔŊ (+8ĔŊ2.-ĹŠ -.5(.2ēŊ .2ĹŠ)¢5#-#2ĹŠ2#ĹŠ!.-.!(#Äą 1.-ĹŠ#-ĹŠ+ ĹŠÄƒĹŠ+, !(¢-ĹŠ"#ĹŠ+ ĹŠ/#+~!4+ ĹŠ ÄĽ "4!3(.-ČĔŊ#-ĹŠ+ ĹŠ04#ĹŠ2.-ĹŠ/ 1#) ĹŠ 8ĹŠ' -ĹŠ++#5 ".ĹŠ#2#ĹŠ1., -!#ĹŠ ĹŠ + ĹŠ5(" ĹŠ1# +ēŊ ĹŠ1#+ !(¢-ĹŠ3#-"1~ ĹŠ !4 31.ĹŠ,#2#2ĹŠ8ĹŠ2#1~ ĹŠ#+ĹŠ/1(,#1ĹŠ ,.1~.ĹŠ2#1(.ĹŠ"#+ĹŠ !3.1ĹŠ"#2"#ĹŠ 04#ĹŠ/42.ĹŠÄƒĹŠ-ĹŠ ĹŠ24ĹŠ1#+ !(¢-ĹŠ!.-ĹŠ+ ĹŠ ! -3 -3#ĹŠ 8+.1ĹŠ 6($3ēŊ ĹŠ
ĹŠ
4/#1 ĹŠ /1. +#, 2ĹŠ !.-ĹŠ"1.% 2
ĹŠ: ŊĚŊ:[ifkƒi
Z[ bei Z_ijkhX_ei [d kd ^ej[b [d Dk[lW Oeha jhWi fWiWh ^ehWi X[X_[dZe o Zhe]|dZei[ [d kd h[ijWkhWdj[" [b WYjeh Z[Y_Z_ÂŒ XkiYWh WokZW$ I[]‘d JCP" [b Whj_ijW YedjhWjÂŒ W kd Yedi[`[he fWhW jhWjWh Z[ cWdj[d[hi[ ieXh_e$ ;ijW f[hiedW ^W WYec# fW‹WZe Wb Yec[Z_Wdj[ [d [b i[j Z[ bW i[h_[ ĂˆJme WdZ W ^Wb\ c[dÉ o [ij| l_l_[dZe [d ik YWiW$ ĹŠ
ĹŠ 13(23 ĹŠ#2/ Äą  .+ ĔŊ04#ĹŠ++#5 ŊĊćŊ  .2ĹŠ#-ĹŠ+ ĹŠ,ĂŒ2(! ĔŊ , -3(#-#ĹŠ+.2ĹŠ/(#2ĹŠ 2. 1#ĹŠ+ ĹŠ3(#11 Ä“ ^ ĔŊ ŊěŊF[i[ W gk[ bb[lW YWi_
jh[i ZƒYWZWi _dijWbWZW [d [b ƒn_# je cki_YWb" fh_c[he Yece lep Z[ C[YWde o c|i jWhZ[ [d ieb_jWh_e" bW YWdjWdj[ [ifW‹ebW WĂ’ hcÂŒ de ^WX[hi[ Yedi_Z[hWZe dkdYW kdW Z_lW Z[ bei [iY[dWh_ei$ ÆIeo kdW f[hiedW dehcWb Yed kdW fhe\[# i_ÂŒd cko f‘Xb_YWÇ" i[ Z[Ă’ d_ÂŒ bW Whj_ijW ZkhWdj[ bW ]_hW Z[ fhe# ceY_ÂŒd feh Cƒn_Ye Z[ ik Z_iYe ĂˆIedh_iWÉ$ BW Z_\_YkbjWZ fWhW cWdj[# d[hi[ [d [b ]kije Z[b f‘Xb_Ye jhWi jWdje j_[cfe de h[i_Z[ [d _h Ykcfb_[dZe W‹ei" i[‹WbÂŒ" i_de [d [b Yecfb_YWZe cec[dje gk[ l_l[ bW _dZkijh_W Z[b Z_iYe WYjkWbc[dj[$ Æ9WZW l[p [i c|i
Z_\‡Y_b ieXh[l_l_h" jeZe [b ckdZe bW l_ZW" kd W]hWZ[Y_c_[dje feh i[ Wfh_[jW [b Y_djkhÂŒdÇ" [nfb_YÂŒ j[d[h ejhW efehjkd_ZWZÇ" h[Ă’ h_ÂŒ" Jehhe`W" gk_[d i[ Wb[]hÂŒ" de eXi# Wb ^_be Z[b ]hWl[ WYY_Z[dj[ Wkje# jWdj[" Z[ YedjWh Yed kd f‘Xb_Ye o cel_b‡ij_Ye gk[ ik\h_ÂŒ [d (&&. o kd bk]Wh fhef_ei [d [b fWdehWcW Z[b gk[ i[ [dYk[djhW h[Ykf[hWZW cki_YWb$ feh Yecfb[je$ >WY[h kd Z_iYe h[# gk_[h[ Z[ Æj_[cfe [ _d# #4-(¢-ĹŠ"#ĹŠ #! -. ĹŠ l[hi_ÂŒdÇ" o [b de h[Yk# Jehhe`W \k[ Yk[ij_edWZW" f[hWh [iW YWdj_ZWZ ÆZW Yece i_[cfh[" feh kdW ckY^e gk[ f[diWhÇ o - ĹŠ .11.) ĹŠ#23;ĹŠ [l[djkWb h[kd_ÂŒd Z[ C[# h[ikbjW \hkijhWdj[" Z[YbW# ! 2 " ĹŠ!.-ĹŠ#+ĹŠ YWde$ ÆDkdYW [dYedjhW# 04#ĹŠ$4#ĹŠ24ĹŠ(-%#Äą hÂŒ$ ÆC_[djhWi [b Yk[hfe -(#1.ĹŠ"#ĹŠ2.-(".ĹŠ cei [b cec[djeÇ" Wfkd# W]kWdj[ o i[ cWdj[d]W #-ĹŠ+ ĹŠ%(1 ĹŠ"#ĹŠ jÂŒ ieXh[ bW Z_Ă’ YkbjWZ Z[ ÄĽ 1;%(+ČĔŊ $ #+ĹŠ bW _bki_ÂŒd" i[]k_hƒ" f[he 404#ĔŊ!.-ĹŠ04(#-ĹŠ ^WY[h Ye_dY_Z_h W][dZWi W l[Y[i j[ ZWd ]WdWi Z[ 3(#-#ĹŠ4- ĹŠ'() ĹŠ++ Äą Yed bei ^[hcWdei DWY^e , " ĹŠ 1 Ä“ Z[Z_YWhj[ W ejhW YeiWÇ" o @eiƒ CWh‡W 9Wde" Yed W‹WZ_ÂŒ$ bei gk[ Z_`e [dYedjhWhi[ Z[ l[p [d YkWdZe$ Feh [b cec[dje" d_d]kde Z[ bei jh[i ^W -ĹŠ%1 !( 2ĹŠ ĹŠ+ ĹŠ5(" Fhe\[i_edWbc[dj[" Jehhe`W [d# Z_Y^e Æd_ gk[ i‡" d_ gk[ deÇ$ Jehhe`W h[Y_X_ÂŒ jWcX_ƒd Yed jh[]W [d ĂˆIedh_iWÉ kd jhWXW`e Yed ebeh W ÆW_h[ \h[iYeÇ" cko fei_j_le" W]hWZ[Y_c_[dje [b h[Y_[dj[ jh_# kd feYe c|i Ăˆ^_ff_[É gk[ iki Wd# Xkje Z_iYe]h|Ă’ Ye W C[YWde feh j[h_eh[i fheZkYY_ed[i o Yed kd fWhj[ Z[ Whj_ijWi bWj_deWc[h_YW# ied_Ze c|i XW_bWXb[" gk[ _dYbko[ dei$ H[YedeY_c_[djei Z[ [ijW bW YebWXehWY_ÂŒd Z[ C_]k[b 8eiƒ o YbWi[" WĂ’ hcÂŒ" Æj_[d[d kd lWbeh _cfehjWdj‡i_ce" j[ ^WY[d i[]k_h Z[b c[n_YWde 7b[ai Iodj[a$ ÆJeZe [b Z_iYe [i kd YWdje W WZ[bWdj[Ç$
Ä Ä
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ? ÄŒĹ?
6-Ĺ‹, /,-) ēŊ -ĹŠ/.!.ĹŠ,;2ĹŠ"#ŊĎćŊ  .2ĔŊ+ ĹŠ!(4" "ĹŠ!1#!(¢Ŋ#-ĹŠ,;2ĹŠ"#+ĹŠÄŒÄ“Ä‡Ä‡Ä‡Ĺ˜Ä“
ēŊ Ŋ31 5_2Ŋ"#Ŋ/1.8#!3.2Ŋ341~23(!.2Ŋ8Ŋ!4+341 +#2Ŋ2#Ŋ31 ) Ŋ/.1Ŋ1#2Ĺ ! 3 1Ŋ#+Ŋ#2/ !(.Ŋ"#Ŋ+ Ŋ#3-( Ŋ 2;!'(+ ē
Bei h[Ykhiei gk[ ^Wd bb[]WZe W bW fhel_dY_W jWcX_ƒd i[ ^Wd l_i# je W\[YjWZei fei_j_lWc[dj[$ IÂŒbe [b Ckd_Y_f_e Z[ IWdje :ec_d]e [cf[pÂŒ cWd[`WdZe kd fh[ik# fk[ije Z[ +) c_bbed[i o ^WijW i[fj_[cXh[ oW i[ ^WX‡W _dYh[# c[djWZe W kdei .& c_bbed[i$ O [i fei_Xb[ gk[ [iei h[Ykh# iei Wkc[dj[d$ IWdje :ec_d]e [ij| [cf[‹WZe [d ejhW bkY^W" bW Z[ YedeY[h bW h[Wb i_jkWY_ÂŒd Z[ bW fhel_dY_W o fWhW [bbe i[ d[Y[i_jW iWX[h Yk|djei ^WX_jWdj[i j_[d[$ ;d [b L?? 9[die Z[ FeXbWY_ÂŒd o L Z[ L_l_[dZW i[ [if[hW gk[ bWi Y_\hWi h[Ă“[`[d gk[ ^Wo kdW cW# oeh YWdj_ZWZ Z[ ^WX_jWdj[i Z[ bW gk[ i[ b[ Wjh_Xko[ Wb cec[dje$ :[ ik fWhj[" [b fh[\[Yje =[elWddo 8[d‡j[p Z_Y[ gk[ [b Y[die f[hc_j_h| l[h bW h[Wb_ZWZ ieY_Wb" ^WX_jWY_edWb o feXbWY_e# dWb Z[b fW‡i$ F[he" i[‹WbÂŒ gk[ IWdje :ec_d]e [i bW fhel_dY_W Yed kde Z[ bei c|i Wbjei ‡dZ_# Y[i Z[ Yh[Y_c_[dje Z[ce]h|Ă’Ye Z[ BWj_deWcƒh_YW" Z[X_Ze W iki XedZWZ[i fheZkYj_lWi" Yec[h# Y_Wb[i o WcX_[djWb[i$ :_`e gk[ [b C_d_ij[h_e Z[ <_#
3.2ĹŠ"#+ĹŠ
1#!(,(#-3.ĹŠ/. + !(.- +
+ĹŠ! -3¢-ĹŠ -3.ĹŠ .,(-%.ĹŠ#-31#ĹŠ+.2ĹŠ  .2ĹŠ Ĺ—ĹŠ ÄˆÄ’ÄŽÄ‡ĹŠ8ĹŠÄ‰Ä‡Ä‡ÄˆĹŠ' ĹŠ!1#!(".ĹŠ#7/+.2(5 ,#-3#ĹŠ "#ĹŠÄ?ēĒÄ?đŊ ŊĉđÄ?Ä“Ä‡ÄˆÄ‘ĹŠ' (3 -3#2Ä“ ĹŠ
ĹŠ3 2 ĹŠ"#ĹŠ!1#!(,(#-3.ĹŠ,#"( ĹŠ -4 +ĹŠ Ĺ—ĹŠ - !(.- +ĹŠ2#ĹŠ4 (!¢Ŋ#-ĹŠÄ‰Ä“ÄŒĹ˜ĹŠ/ 1 ĹŠ#+ĹŠ/#1~.".ĹŠ ÄˆÄ’Ä‘Ä‰ÄąÄˆÄ’Ä’Ä‡Ä“
1 ĹŠ#+ĹŠ! -3¢-ĹŠ$4#ĹŠ"#ĹŠÄ?Ä“ÄŒĹ˜ĹŠ#-ĹŠ#+ĹŠ,(2,.ĹŠ Ĺ—ĹŠ /#1(.".ĔŊ$#-¢,#-.ĹŠ 31( 4(".ĹŠ ĹŠ+.2ĹŠÄ„4).2ĹŠ ,(%1 3.1(.2Ä“
dWdpWi ^W h[Wb_pWZe Y|bYkbei Yed kdW fheo[YY_ÂŒd Z[ ).& c_b ^WX_# jWdj[i" f[he ƒb [ij| i[]khe Z[ gk[ [ij[ Y[die _dZ_YWh| gk[ i[ [ij| XehZ[WdZe [b c[Z_e c_bbÂŒd$ 8[d‡j[p _dZ_YÂŒ gk[ [b =eX_[h# de Fhel_dY_Wb h[Y_X_h| ', c_bbe# d[i Z[ ZÂŒbWh[i [d (&''$ F[he" Yed bW feXbWY_ÂŒd h[Wb [i fei_Xb[ gk[ [ijW Y_\hW i[ _dYh[c[dj[ [djh[ kd '& W (& $ ÆDeiejhei Wif_hWcei j[d[h bei h[Ykhiei ik\_Y_[dj[i fWhW Wj[dZ[hb[i Yece i[ c[h[# Y[d o Yece i[ Z[X[$ Gk[h[cei i[h bW fhel_dY_W ceZ[be [d fhe# l_i_ÂŒd Z[ i[hl_Y_eiÇ" W]h[]ÂŒ$
ēŊ .2Ŋ#2/ !(.2Ŋ"#23(- ".2Ŋ Ŋ+ 2Ŋ#7/1#2(.-#2Ŋ 13~23(! 2Ŋ2#Ŋ ,/+~ -ē
™ŋ ŋ ŋ — 8Ŋ5 1(.2Ŋ#5#-3.2ĔŊ!.-Ŋ+.2Ŋ 04#Ŋ2#Ŋ/1#3#-"#Ŋ!#+# 1 1Ŋ#+Ŋ !1#!(,(#-3.Ŋ"#Ŋ+ Ŋ/1.5(-!( ŊĉĊē
jh|i gk[ZWhed bWi _c|][d[i Z[ bei fWhei o cel_b_pWY_ed[i" bWi fhej[ijWi o bWi fh[i_ed[i Wb 9ed]h[ie DW# Y_edWb o Wb =eX_[hde$ BW bkY^W Z[ W‹ei Z_e fWie W Y[b[XhWY_ed[i [d bWi YkWb[i i[ gk_[h[ ceijhWh je# ZWi bWi XedZWZ[i Z[ [ijW j_[hhW ji|Y^_bW$ O [i gk[ bei jh[i W‹ei Z[ fhe# l_dY_Wb_pWY_ÂŒd Z[ IWdje :ec_d]e Z[ bei Ji|Y^_bWi i[ \[ij[`Wd Yed \[h_Wi" [n^_X_Y_ed[i" i^emi Whj‡i# j_Yei" Yehh_ZWi Z[ jehei" Z[iĂ’b[i o bW i[i_ÂŒd ieb[cd[" [if[Yj|Yk# bei gk[ lWd h[[cfbWpWdZe [d bW c[ceh_W Yeb[Yj_lW bWi bkY^Wi Z[ YkWjhe ZƒYWZWi$ ;i[ ik[‹e [cf[pÂŒ W YWc_dWh [b )& Z[ eYjkXh[ Z[ '/,," YkWdZe i[ Yedij_jkoÂŒ [b fh_c[h 9ec_jƒ Z[ Fhel_dY_Wb_pWY_ÂŒd$ BW _Z[W i[ h[jecÂŒ [d lWh_Wi eYWi_ed[i$ I[ Yed\ehcWhed YkWjhe Yec_jƒi" ^WijW gk[ [b (, Z[ del_[cXh[ Z[ (&&, i[ YedleYÂŒ W kdW YedikbjW fefkbWh o [b .* Z[ bei Y_kZWZW# dei i[ fhedkdY_Whed W \Wleh Z[ bW `[hWhgk_pWY_ÂŒd feb‡j_YW o WZc_# d_ijhWj_lW" gk[ i[ YedYh[jÂŒ [b , Z[ del_[cXh[ Z[ (&&-$
# +(" "
F[he c|i Wbb| Z[ bW bkY^W o bei \[ij[`ei" Yed bW `[hWhgk_pWY_ÂŒd be]hWZW ^WY[ jh[i W‹ei i[ ^W _Ze \ehjWb[Y_[dZe bW WYj_l_ZWZ Ykbjk# hWb" jkh‡ij_YW" bW \kdY_ÂŒd `kZ_Y_Wb o ^WijW bW _dl[hi_ÂŒd$ FWhW ck[ijhW kd XejÂŒd$ ;d bW O ZkhWdj[ [ij[ Ă’d Z[ i[cWdW" IWdje :ec_d]e Y[b[XhWh| [iW bk# <_iYWb‡W ^kXe Wkc[dje Z[ f[h# Y^W$ >WijW ^eo i[ Z[iWhhebbWh| bW iedWb" _dijWbWY_ed[i fhef_Wi [ ;nfe Ji|Y^_bW" [d bWi _dijWbWY_e# _cfb[c[djei Z[ eĂ’Y_dW$ I[]‘d d[i Z[ bW 7ieY_WY_ÂŒd Z[ =WdWZ[# L_d_Y_e Hei_bbe" W][dj[ Ă’iYWb" [i# hei" ZedZ[ i[ [n^_X[ be c[`eh Z[b jei _cfb[c[djei ^Wd f[hc_j_Ze ]WdWZe lWYkde o jWcX_ƒd bW fhe# Z[iWhhebbWh jeZWi bWi WYj_l_ZWZ[i ZkYY_ÂŒd W]h‡YebW$ 7bb‡ [ijWh|d bei W j_[cfe Yecfb[je$ ;d [iW [dj_ZWZ" [d (&&- fheZkYjeh[i b[Y^[hei" Z[ YWYWe" bW _dij_jkY_ÂŒd YedjWXW Yed febbei" okYW" l[hZ[$ ;d YWcX_e" [d bW [n# Wbh[Z[Zeh Z[ (& ÂŒ (' \kdY_edWh_ei$ O" WY# fbWdWZW Ji|Y^_bW [ij| bW ĹŠ \[h_W Whj[iWdWb" ZedZ[ i[ jkWbc[dj[ bWXehWd +& ck[ijhW j[nj_b[i" pWfWjei" f[hiedWi c_d_ijhe \_i# .".2ĹŠ+.2ĹŠ#5#-Äą fheZkYjei dWjkhWb[i" Xed# 3.2ĹŠ.1% -(9 ".2ĹŠ YWb fhel_dY_Wb" \_iYWb[i" i|_i" b|Yj[ei o ejhei X_[d[i / 1 ĹŠ#23 2ĹŠ$(#2Äą i[Yh[jWh_ei o Wi_ij[d# 3 2ĹŠ2.-ĹŠ%1 34(3.2Ä“ o i[hl_Y_ei$ j[i gk[ ikcWZWi W bei c_[cXhei Z[ bW Feb_Y‡W O bei jkh_ijWi j_[d[d bW efY_ÂŒd Z[ YedeY[h kd feYe @kZ_Y_Wb gk[ WYecfW‹Wd W bei c|i Z[ bW fhel_dY_W" W jhWlƒi Z[ \_iYWb[i ieXh[fWiWd bei ,& Ye# bei h[Yehh_Zei [d Y^_lWi gk[ i[ bWXehWZeh[i$ h[Wb_pWh|d ^WijW ^eo$ 9ed ]k‡Wi ;b |h[W YkbjkhWb jWcX_ƒd i[ ^W jkh‡ij_Yei i[ h[Wb_pWd l_i_jWi W l_ije X[d[Ă’Y_WZW$ >Wo c|i eh]W# bei bk]Wh[i h[fh[i[djWj_lei Z[ d_icei Yecfhec[j_Zei W _cfkb# bW fhel_dY_W" _dYbk_ZW bW YeckdW iWh [ijW WYj_l_ZWZ$ ;d [ijei W‹ei ji|Y^_bW 9^_]”_bf[$ bei ^WX_jWdj[i Z[ IWdje :ec_d]e FWhW bWi &/0&& i[ j_[d[ fh[# ^Wd feZ_Ze Z_i\hkjWh Z[b j[Wjhe" l_ije [b Z[i\_b[ Y‡l_Ye o W bWi ZWdpW" Z[ c‘i_YW Yb|i_YW" YehWb" '+0&&" bW i[i_ÂŒd ieb[cd[$ ;d bW _dijhkc[djei WdZ_dei$$$ kdW Wc# deY^[" [d YWcX_e" i[ fh[i[djWh| fb_W ]WcW Z[ bWXeh[i gk[ j_[d[ [b [b iWbi[he =_bX[hje IWdjW HeiW o Wfeoe Z[b Ckd_Y_f_e" 9edi[`e Bei :_WXb_jei$ FWhW [ij[ [l[dje Fhel_dY_Wb" 9WiW Z[ bW 9kbjk# i[ Z[X[d YWd`[Wh YWhWc[bei feh hW ;YkWjeh_WdW o C_d_ij[h_e Z[ [djhWZWi$ 9kbjkhW$
Ĺ? Ĺ?
Ĺ? Ĺ? Ĺ? Ĺ? Ĺ?
Ä Ä‚
ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. ÄŒĹ?
,/+ -3#ĹŠ
Ĺ—ĹŠ ĹŠĹŠ ŊěŊ9_[dj‡Ò Yei Wb[cWd[i be]hWhed Z[# lebl[h bW l_ijW W jh[i fWY_[dj[i gk[ ik\h‡Wd kdW Y[]k[hW Yed]ƒd_jW" ]hW# Y_Wi W kd f_ed[he c_YheY^_f gk[ i[ _cfbWdjW [d bW h[j_dW$ Bei jh[i _dZ_l_Zkei lebl_[hed W l[h \ehcWi o eX`[jei Z‡Wi Z[ifkƒi Z[ gk[ i[ b[i _cfbWd# jWhW [b WfWhWje$ ?dYbkie" kde Z[ bei f[hiedW`[i \k[ YWfWp Z[ _Z[dj_Ă’ YWh o [dYedjhWh YeiWi YebeYWZWi ieXh[ kdW c[iW \h[dj[ W ƒb o Z[ YWc_dWh Z[ \eh# cW _dZ[f[dZ_[dj[$ I[]‘d bei [ijkZ_eiei" [d [b fWiWZe ejhei _cfbWdj[i Z[ h[j_dW jWcX_ƒd ^WX‡Wd be]hWZe h[l[hj_h bW Y[# ]k[hW" f[he bW Z_\[h[dY_W Yed [b dk[le [i gk[ ƒij[ f[hc_j[ W bW f[hiedW Z[j[YjWh eX`[jei Yed iki e`ei o bei ejhei kj_b_# pWd kdW Y|cWhW [nj[hdW$
1 Ŋ8Ŋ 5 1(!( ĔŊ "#Ŋ+ Ŋ, -.
Ĺ—ĹŠĹŠĹŠ
Ä“ ŊěŊ7b fW# h[Y[h" [ij[ i[dj_# c_[dje feZh‡W i[h kd fej[dj[ cej_lWZeh fWhW Wkc[djWh [b Z[i[e Z[ kdW f[hiedW Z[ eXj[d[h YeiWi" Z[ WYk[hZe W kd [ijkZ_e h[Wb_pW# Ze feh f[hiedWb Z[ bW Kd_l[h# i_ZWZ Z[ Kjh[Y^j" kX_YWZW [d bei FW‡i[i 8W`ei$ Bei _dl[ij_# ]WZeh[i WĂ’ hcWd gk[ Wkdgk[ bei _dZ_l_Zkei Yedi_Z[hWd gk[ bW _hW [i kdW [ceY_ÂŒd d[]Wj_# lW" be]hW WYj_lWh kd |h[W Z[b bWZe _pgk_[hZe Z[b Y[h[Xhe gk[ i[ WieY_W Yed ckY^Wi [ceY_e# d[i fei_j_lWi o bWi cej_lW W ^WY[h Wb]e$
2Ŋ,#-3(1 2Ŋ!.,4-#2Ŋ 2. 1#Ŋ+ Ŋ!.,(" Ŋ2 - 7(23#-Ŋ +%4-.2Ŋ,(3.2Ŋ +1#"#".1Ŋ"#Ŋ 5 1(.2Ŋ +(,#-3.2ĔŊ/#1.Ŋ-.Ŋ-#!#2 1( Ĺ ,#-3#Ŋ"# #-Ŋ2#1Ŋ!(#13.2ē ē Ŋ ĚŊ BWi cWhWl_bbWi Z[b
cWha[j_d] o bei cW[ijhei Z[ bW Yec_ZW iWbkZWXb[ ^Wd ^[Y^e Yh[[h gk[ Y_[hjei Wb_c[djei ^W# Y[d c_bW]hei [d [b Yk[hfe ^kcW# de" [i Z[Y_h WZ[b]WpWd" gk[cWd ]hWiWi" gk_jWd [b ^WcXh[ e _dYbk# i_l[ Wkc[djWd bW \[b_Y_ZWZ$ I_d [cXWh]e" bW cWoeh‡W Z[ bei c_jei ieXh[ [ij[ j_fe Z[ Yec_ZWi ied \Wbiei$ 7 Yedj_dkWY_Œd bWi _dl[d# Y_ed[i c|i ]hWdZ[i Yed h[if[Yje Wb j[cW$
o '$&*& c_b_]hWcei Z[ iWb" c_[d# jhWi gk[ kdW [diWbWZW Yecfb[jW Yed febbe o WZ[h[pei Yk[djW Yed +)& YWbeh‡Wi o '$(,& c_b_]hWcei Z[ iWb$ 1."4!3.2ĹŠÄ‡Ĺ˜ĹŠ%1 2 ĹŠ2.-ĹŠ2 -.2
Feh be ][d[hWb" bW ][dj[ i[ i_[dj[ WjhW‡ZW feh [ij[ j_fe Z[ Wb_c[djei fehgk[ i[ i_[dj[ ^WX_b_jWZe fWhW Z[lehWhbei i_d d_d]‘d j_fe Z[ YkbfWi feij[h_eh[i$ CkY^ei bei Yedikc[d fehgk[ f_[d# iWd gk[" c|]_YWc[dj[" Ŋ b[i ^Wh|d f[hZ[h f[ie$ ;b
.2ĹŠ(-3#%1 +#2ĹŠ "#+% 9 _dYedl[d_[dj[ [i gk[ Wb FWhW ckY^ei [b jƒhc_# de _dj[]hWb [i be c_ice (#,/1#ĹŠ!.-24+Äą gk_jWh bW ]hWiW ]hWd fWh# j[ Z[b iWXeh eh_]_dWb i[ gk[ Z_[jƒj_Ye$ ;ij[ [i kd 3#ĹŠ!.-ĹŠ4-ĹŠ#2/#Äą !( +(23 ĹŠ,_"(!.ĹŠ ]hWl[ [hheh$ BWi ^Wh_dWi -3#2ĹŠ"#ĹŠ "./3 1ĹŠ f_[hZ[" be YkWb eXb_]W W bei o Y[h[Wb[i Z[ [ij[ j_fe !4 +04(#1ĹŠ"(#3 ēŊ \WXh_YWdj[i W W]h[]Wh Wp‘# YWh o jeZW YbWi[ Z[ gk‡c_# Yk[djWd Yed fh|Yj_YW# Yei gk[" [d lWh_ei YWiei" c[dj[ bWi c_icWi YWbe# h‡Wi gk[ bei fheZkYjei h[Ă’ dWZei$ j_[d[d kd eh_][d ZkZeie$ I‡" i[ feZh‡W Z[Y_h gk[ ied c|i iWdei feh ik Wbje Yedj[d_Ze [d 1./(#" "#2ĹŠ"#ĹŠ+.2ĹŠ+(,.-#2 c_d[hWb[i o \_XhWi" bWi YkWb[i ;i Y_[hje gk[ [ijW \hkjW WfehjW WokZWd W [b_c_dWh jen_dWi Yed l_jWc_dW 9" f[he jWcX_ƒd [i l[h# cWoeh \WY_b_ZWZ" f[he de h[Zk# ZWZ gk[ ejhWi Yk[djWd Yed bWi Y[d c[Z_ZWi$ c_icWi fhef_[ZWZ[i$ J[d]W [d Yk[djW gk[ kd a_be Z[ \hkj_bbWi j_[d[ c|i l_jWc_dW gk[ kd a_be ." 2ĹŠ+ 2ĹŠ#-2 + " 2ĹŠ2.-ĹŠ 4#- 2 DkdYW \WbjW bW f[hiedW gk[ [djhW Z[ b_ced[i o" Wkdgk[ de be Yh[W" W kd h[ijWkhWdj[ Z[ Yec_ZW h|# j_[d[ c[dei Wp‘YWh$ Feh [ie" [b f_ZW o [d l[p Z[ f[Z_h kdW ^Wc# `k]e Z[ b_cÂŒd de [i [b ‘d_Ye fe# Xkh]k[iW Yece jeZei bei Z[c|i" Z[heie W bW ^ehW Z[ WjWYWh e fh[# [b_][ bW [diWbWZW fehgk[ Yh[[ gk[ l[d_h kd h[i\h_WZe$ [i bW efY_ÂŒd c|i iWdW$ De eXi# jWdj[" kdW h[Y_[dj[ _dl[ij_]WY_ÂŒd 2/(- ! ĹŠ04#ĹŠ$.13 +#!# fh_lWZW ieXh[ [ij[ j_fe Z[ Yec_# Fef[o[" [b Yb|i_Ye f[hiedW`[ Z[ ZWi gk[ i[ l[dZ[d [d bei h[ijWk# j[b[l_i_ÂŒd" iWYWXW kdei c‘iYkbei hWdj[i h|f_Zei Z[j[hc_dÂŒ gk[ bei jh[c[dZei YWZW l[p gk[ Yec‡W fbWjei j_[d[d kd [nY[ie Z[ iWb o ik bWjW Z[ l[][jWb[i$ O [i Y_[hje ]hWiWi$ ;b [`[cfbe [i bWf_ZWh_e$ gk[ [ijW l[hZkhW j_[d[ ^_[hhe" KdW 8_] CWY j_[d[ +*& YWbeh‡Wi f[he de jWdje Yece bWi b[dj[`Wi
ēŊ 2Ŋ% ++#3 2Ŋ3(#-#-Ŋ,4!' 2Ŋ,;2Ŋ! +.1~ 2Ŋ8Ŋ3 , (_-Ŋ,;2Ŋ%1 2 Ŋ04#Ŋ #+Ŋ/ -ēŊ
e [b ^‡]WZe Z[ Y[hZe$ 7Z[c|i" bWi [if_dWYWi j_[d[d ikijWdY_Wi bWnWdj[i gk[ ^WY[d c|i Z_\‡Y_b bW WXiehY_Œd Z[ iki c_d[hWb[i feh fWhj[ Z[b eh]Wd_ice$
X[jWYWhej[dei gk[ Yedj_[d[ bW pW# dW^eh_W ied fh[Ykhieh[i Z[ bW l_# jWc_dW 7" _cfh[iY_dZ_Xb[ fWhW bW \WXh_YWY_ÂŒd Z[ kd f_]c[dje gk[ c[`ehW bW W]kZ[pW l_ikWb [d Wc# X_[dj[i Yed cWbWi YedZ_Y_ed[i Z[ - '.1( 2ĹŠ04#ĹŠ %4"(9 -ĹŠ+ ĹŠ5(2(¢- bkp$ ;i Z[Y_h gk[ de feh Yec[h bW ?d][h_h [ijW l[hZkhW" YkWb Yed[`e l[hZkhW j[dZh| kdW l_ijW Z[ b_d# 8k]i 8kddo" de iWblW W bWi f[h# Y[" be ‘d_Ye gk[ feZh‡W ikY[Z[h [i iedWi Z[ kiWh b[dj[i i_ h[Wbc[dj[ gk[ eXi[hl[ c[`eh i_ i[ [dYk[d# j_[d[d fheXb[cWi Z[ l_i_ÂŒd$ Bei jhW [d kd WcX_[dj[ eiYkhe$
,
) # * + *
#BTF MFHBM "SU EF MB $POTUJUVDJĂ˜O EFM &DVBEPS 3FHMBNFOUP Ă OJDP QBSB MB TFMFDDJĂ˜O NFEJBOUF DPODVSTP QBSB MB QSPWJTJĂ˜O EF DBSHPT NĂ?EJDPT B OJWFM OBDJPOBM FNJUJEP NFEJBOUF "DVFSEP .JOJTUFSJBM /P QVCMJDBEP FO FM 3 0 /P EF KVMJP EF Z MBT OPSNBT WJHFOUFT EF JOTFSDJĂ˜O B MBT QFSTPOBT DPO EJTDBQBDJEBE + 4&37*%03 1Ă #-*$0 $&/530 %& 4"-6% .&%*$0 (&/&3"- /P %& *#"33"
*.#"#63"
.*&.#30 %& &26*10
)03"4 %*"3*"4
t -BT CBTFT HFOFSBMFT EFM DPODVSTP TF FODVFOUSBO FTUBCMFDJEBT FO FM "SU Z EFM 3FHMBNFOUP 6OJDP QBSB MB TFMFDDJĂ˜O NFEJBOUF DPODVSTP QBSB MB QSPWJTJĂ˜O EF DBSHPT NĂ?EJDPT B OJWFM OBDJPOBM FNJUJEP NFEJBOUF "DVFSEP .JOJTUFSJBM /P QVCMJDBEP FO FM 3 0 /P EF KVMJP EF MB DPOEJDJĂ˜O FTUBCMFDJEB FO FM "SU EFCFSĂˆ TVTUFOUBSTF DPO MBT EFCJEBT DFSUJĂśDBDJPOFT t -B JOTDSJQDJĂ˜O EF QPTUVMBOUFT TFSĂˆ EFM BM EF OPWJFNCSF EF FO IPSBT EF PĂśDJOB FO FM 1SPDFTP EF 3FDVSTPT )VNBOPT Z 4FSWJDJPT *OTUJUVDJPOBMFT EFM "SFB VCJDBEP FO MB DBMMF (BSDĂ“B .PSFOP Z 3PDBGVFSUF TFHVOEP QJTP EF MB DJVEBE EF *CBSSB t -B QSVFCB EF PQPTJDJĂ˜O WFSTBSĂˆ TPCSF MB CBTF EFM DVFTUJPOBSJP EF FWBMVBDJĂ˜O QBSB QPTUHSBEPT VOJWFSTJUBSJPT EF DBSSFSBT NFEJDBT Z EF TBMVE QVCMJDBEP QPS "'&.& *9 &%*$*Âť/ +6-*0 TF FYDFQUĂžB EF FTUB FWBMVBDJĂ˜O MPT DBQĂ“UVMPT EF "/"50.Âś" )6."/" "/&45&4*0-0(Âś" #*026Âś.*$" &.#3*0-0(Âś" (&/²5*$" )*450-0(Âś" .²50%04 : &45"%Âś45*$"
CONTRATACION DE CONSULTORIA # 0 $ $ "& / $ % # $ &# ' % !# $ $ $& % # $ $& % # $ ' & $ !# $ % # & !# !& $% #% %- ( 0 ! # # ) 0 $& % #.
' # !# !& $% %- 0 $ 1 $ %-# $ # # &( $ ! # $ $& % # ( "& ! $& % # $% & $ ' #
$VBMRVJFS JOGPSNBDJĂ˜O BEJDJPOBM TF QPESĂˆ SFRVFSJS FO FM 5FMG &95 P BM DPSSFP FMFDUSĂ˜OJDP JNCBJCBSSBBSFB !IPUNBJM DPN
$ ' !" % #%
$ $& " #( ) BE BJ
"UFOUBNFOUF
" ! "& ! ! " $ ! # ! ! # " " ' !" !
+ĹŠ 2, ĹŠ2~ĹŠ2#ĹŠ /4#"#ĹŠ!.-31.+ 1 (ĹŠ2#ĹŠ /1#-"#ĹŠ ĹŠ 31 3 1ĹŠ-.ĹŠ' 8ĹŠ1 Äą 9¢-ĹŠ/ 1 ĹŠ24$1(1ĹŠ !.,/+(! !(.-#2ĹŠ 8ĹŠ/1. +#, 2ēŊ ;ijW [i kdW [d\[hc[ZWZ _d\bWcWjeh_W gk[ eYWi_edW fheXb[cWi fWhW _d^WbWh$ @eiƒ 7djed_e 9Wijhe" cƒZ_Ye Y^_b[de gk[ [ijkle Z[ fWie feh [b fW‡i" Yedl[hiÂŒ Yed BW >ehW$ ;nfb_YÂŒ gk[ feh be ][d[hWb Yec_[dpW ZkhWdj[ bei Y_dYe fh_c[hei W‹ei Z[ l_ZW" ieXh[ jeZe fehgk[ bei d_‹ei dWY[d Yed bW \kdY_ÂŒd fkbcedWh Z_ic_dk_ZW Z[X_Ze W fhe# Xb[cWi ][dƒj_Yei" \WYjeh[i WcX_[djWb[i e [b Yedikce Z[ jWXWYe feh fWhj[ Z[ bW cWZh[ ZkhWdj[ [b [cXWhWpe$ 9kWdZe kdW f[hiedW h[i# f_hW dehcWbc[dj[" [b W_h[ b[ [djhW feh bW dWh_p e feh bW XeYW o Z[ifkƒi XW`W W bW jh|# gk[W" fWiW feh bei Xhedgk_ei o bb[]W W bei fkbced[i" Z[iZ[ ZedZ[ [i [nfkbiWZe Z[ dk[# le \k[hW Z[b eh]Wd_ice$ F[he gk_[d[i j_[d[d [ijW [dj_ZWZ ik\h[d YedijWdj[c[dj[ Z[# X_Ze W gk[ [n_ij[ kdW ]hWd YWdj_ZWZ Z[ ckYei_ZWZ" gk[ WZ[c|i [i cko Z[diW" gk[ i[ WZ^_[h[ W bWi l‡Wi h[if_# hWjeh_Wi$ JWcX_ƒd ied cko i[di_Xb[i W Y_[hjWi YeiWi Yece [b feble" [b ^kce o [b [`[hY_Y_e$ (#,/.2ĹŠ"#ĹŠ(-#23 (+(" "
9Wijhe i[‹WbW gk[" feh be ][d[hWb" bW ][dj[ gk[ j_[d[ WicW ik\h[ YkWZhei f[h_ÂŒZ_# Yei [d bei gk[ [n_ij[ cWoeh Z_Ă’ YkbjWZ fWhW _d^WbWh o [n# ^WbWh" o bW YWdj_ZWZ Z[ W_h[ gk[ [djhW Wb Yk[hfe de [i bW ikĂ’ Y_[dj[ Yece fWhW gk[ i[ en_][d[ Yehh[YjWc[dj[$ ;i# jWi [jWfWi ied Z[dec_dWZWi Yh_i_i Wic|j_YWi$ 9kWdZe Wb]k_[d [ij| [n# f[h_c[djWdZe kde Z[ [ijei [f_ieZ_ei jei[ Z[cWi_WZe" [c_j[ ied_Zei Wb h[if_hWh" b[ \WbjW [b Wb_[dje" i_[dj[ kdW \k[hj[ efh[i_ÂŒd [d [b f[Y^e$ 7b]kdei bb[]Wd W YecfW# hWhbei Yed bW i[diWY_ÂŒd Z[ _dj[djWh h[if_hWh W jhWlƒi Z[ kd iehX[j[" Æbe YkWb [i cko Z_\‡Y_bÇ" Yec[djW @kb_|d Fƒ# h[p" fWY_[dj[" gk_[d [nfh[iW0 Æ_cW]_dW j[d[h gk[ bb[dWh b[djWc[dj[ jki fkbced[i o YkWdZe feh Ă’ d be be]hWi ^Wo gk[ lWY_Whbei o lebl[h W h[f[j_h [b c_ice fheY[Z_# c_[djeÇ$ 9Wijhe WĂ’ hcW gk[ W f[iWh Z[ bWi ceb[ij_Wi" [ijWi Yh_i_i
ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. ÄŒĹ?
"04(#1 ĹŠ#-#1%~ ĹŠ8ĹŠ2 +4" ĹŠ
-Ŋ-( .Ŋ!.-Ŋ+ Ŋ #-3(" "Ŋ"# #Ŋ !4"(1Ŋ +Ŋ,_"(!.Ŋ ! " Ŋ31#2Ŋ,#2#2Ŋ / 1 Ŋ4-Ŋ!.-31.+ēŊ
¥ ēŊ - Ŋ"(#3 Ŋ1(! Ŋ#-Ŋ$143 2Ŋ8Ŋ5#%#3 +#2ĔŊ 84" Ŋ Ŋ, -3#-#1Ŋ#-Ŋ 4#-Ŋ#23 ".Ŋ+.2Ŋ/4+,.-#2ē
ied dehcWb[i o i_ i[ jhWjWd Z[ cWd[hW WZ[YkWZW de Z[X[d i[h ]hWl[i" de YWkiWd Yecfb_YWY_e# d[i" d_ ied cej_le Z[ ^eif_jWb_# pWY_ÂŒd$ Ä Â˘,.ĹŠ, -#) 1+ 2Ä&#x;
FWhW 9Wijhe" bW c[`eh WhcW fWhW jhWjWh bWi Yh_i_i [i [b _d^WbWZeh" [b YkWb i_[cfh[ Z[X[ [ijWh W bW cWde o ^Wo gk[ kiWh Wdj[i Z[ h[Wb_pWh YkWbgk_[h [`[hY_Y_e$ Ik kj_b_pWY_Œd de [i Z_\‡Y_b" Z_Y[ Fƒh[p$ Be fh_c[he gk[ ^Wo gk[ ^WY[h [i W]_jWhbe" bk[]e i[ b[ gk_jW bW jWfW o i[ [n^WbW bW cWoeh YWdj_ZWZ Z[ W_h[ fei_Xb[ Z[ bei fkbced[i$ 9ed bW YWX[pW b_][hWc[dj[ \b[n_edWZW ^WY_W Wjh|i" i[ YebeYW bW Xegk_bbW Z[# bWdj[ Z[ bW XeYW$ I[ ieij_[d[ [b W[heieb [djh[ bei Z[Zei ‡dZ_Y[ o fkb]Wh$ 9ed [b fh_c[he i[ fh[# i_edW fWhW fheZkY_h kd Z_ifW# he o Wb c_ice j_[cfe i[ Wif_hW feh bW XeYW [d \ehcW fhe\kdZW o ieij[d_ZW" _dj[djWdZe bb[lWh bW cWoeh YWdj_ZWZ Z[ W_h[ fei_Xb[ W bei fkbced[i$ I[ h[j_[d[ [b W_h[ Z[djhe Z[ bei fkbced[i jeZe [b j_[cfe gk[ fk[ZW o bk[]e i[ [nfkbiW b[d# jWc[dj[$ I_ h[gk_[h[ c|i Z[ kd Z_ifWhe feh l[p [i fh[Y_ie gk[ Z[`[ fWiWh kde e Zei c_dkjei Wdj[i Z[ ZWh [b i_]k_[dj[$ 7fWhj[ Z[ [ijWi h[Yec[dZW# Y_ed[i" 9Wijhe Wi[]khW gk[ ^Wo gk[ ^WY[h kdW Z_ij_dY_Œd [djh[ bei d_‹ei c[deh[i Z[ Y_dYe W‹ei o bWi f[hiedWi gk[ oW fWiWhed bW [ZWZ$ BW Z_\[h[dY_W [i gk[ bei _d# \Wdj[i Z[X[d YkXh_hi[ bW dWh_p o bW XeYW$ ;d YWcX_e" bei cWoeh[i iebWc[dj[ i[ jWfWd bW XeYW$
Ä Äƒ
( %-¢23(!.Ŋ8Ŋ31 3 ,(#-3.
FWhW iWX[h i_ i[ fWZ[Y[ Z[ WicW [i d[Y[iWh_e gk[ [b cƒZ_# Ye fhWYj_gk[ kd [nWc[d \‡i_Ye o gk[ h[Wb_Y[ Wb]kdWi fhk[XWi Yece bW c[Z_Y_ÂŒd Z[b Ă“ k`e h[i# f_hWjeh_e c|n_ce" gk[ _cfb_YW iefbWh W_h[ Z[djhe Z[ kd WfWhW# je gk[ f[hc_j[ h[l_iWh [b \kd# Y_edWc_[dje Z[ bei fkbced[i$ JWcX_ƒd ied d[Y[iWh_ei Y^[# ĹŠ gk[ei fWhW YecfheXWh gk[ [b _dZ_l_Zke de -31#ĹŠ#+ĹŠÄˆÄ‡Ĺ˜ĹŠ8ĹŠ#+ĹŠ ÄˆÄ‰Ĺ˜ĹŠ"#ĹŠ+ ĹŠ/. + Äą j[d]W Wb[h]_Wi" !(¢-ĹŠ,4-"( +ĹŠ oW gk[ ƒijWi / "#!#ĹŠ 2, ēŊ fk[Z[d YWkiWh bW [d\[hc[ZWZ$ 9Wijhe i[‹WbW gk[ i_ i[ Z[# j[hc_dÂŒ gk[ kd Y^_Ye j_[d[ bW fWjebe]‡W" iki fWZh[i Z[X[d cWdj[d[h bW YWbcW o WY[fjWh gk[ Wkdgk[ ik ^_`e j_[d[ kdW [d\[hc[ZWZ YhÂŒd_YW" fk[Z[ bb[# lWh kdW l_ZW dehcWb$ 7Z[c|i" [nfb_YW gk[ i_ bW c[Z_YWY_ÂŒd [i YedijWdj[" i_ [ij| b[`ei Z[b ^kce o Z[ bW ^kc[ZWZ" de \kcW o WYkZ[ W Y^[gk[ei f[h_ÂŒZ_Yei" fk[Z[ YedjhebWh bW [d\[hc[ZWZ$ ÆDe [n_ij[ kdW YkhW" f[he fk[Z[ cWdj[d[hi[ W hWoWÇ$
KdW jƒYd_YW `Wfed[iW cko Yede# ZWc[dj[ Yece j[hWf_W Z[ c[Z_# Y_ZW [i [b H[_a_" oW gk[ ik fh|Yj_YW Y_dW Yecfb[c[djWh_W" feh be gk[ [i Yedi_Z[hWZW Yece [if_h_jkWb$ [d bW WYjkWb_ZWZ oW [i h[YedeY_ZW Æ;i kd i_ij[cW Z[ YWdWb_pWY_ÂŒd feh bW Eh]Wd_pWY_ÂŒd CkdZ_Wb Z[ X_e[d[h]ƒj_YW feh c[Z_e Z[ bW bW IWbkZ Yece c[Z_Y_dW Wbj[hdW# _cfei_Y_ÂŒd Z[ cWdei gk[ lW WY# j_lW Z[ bW jhWZ_Y_edWb$ j_lWdZe bW [d[h]‡W l_jWbÇ" [nfb_YW ;i Wi‡ gk[ [d ;YkWZeh [n_ij[ :Wd_[b IWdjehe" gk_hefh|Yj_Ye o kdW YWhh[hW Z[ _dijhkYY_ÂŒd ik# [nf[hje [d [ijW jƒYd_YW$ f[h_eh" WlWbWZW feh [d 9edi[`e BW Wfb_YWY_ÂŒd Z[ Z_Y^W Wbj[h# DWY_edWb Z[ ;ZkYWY_ÂŒd Ikf[h_eh" dWj_lW ÆfeZh‡W WokZWh gk[ fh[fWhW W j[hWf_ijWi W c[`ehWh [b [ijWZe Z[ ĹŠ [nf[hjei [d H[_a_ [d [b [ijhƒi" gk[ i[ ^W Z[cei# ?dij_jkje J[YdebÂŒ]_Ye Ik# jhWZe gk[ [i kd \WYjeh f[h_eh Bei 7dZ[i Z[ ;i# fej[dj[$ 7Z[c|i" Wfeh# .-%1#2. jkZ_ei IeY_Wb[i ?bWZ[i $ #!' Ä–ĹŠÄˆÄˆĹŠ8ĹŠÄˆÄ‰ĹŠ"#ĹŠ jW fWhW jhWXW`Wh bW fWhj[ -.5(#, 1#Ä“ ;ij[ ?dij_jkje bb[lWh| W _dckdebÂŒ]_YW fWhW gk[ .1 ĖŊĒĖććŊ ĹŠ YWXe bW fhÂŒn_cW i[cWdW ĈÄ?Ėććē [b eh]Wd_ice [ijƒ c|i 4% 1Ä–ĹŠ [b ? 9ed]h[ie ?dj[hdWY_e# 4"(3¢1(4,ĹŠ"#+ĹŠ [gk_b_XhWZeÇ" WYejW$ dWb Z[ J[hWf_W H[_a_ ĂˆBW (-(23#1(.ĹŠ"#ĹŠ 7 Z _ Y _ e d W b c [ d j [ " "4! !(¢-ĹŠ ;d[h]‡W [i IWbkZÉ$ I[ jhW# ĸ 4(3.Ěē [`[cfb_Ă’ YW gk[ ^Wd j[d_# +.1Ä–ĹŠ 1 34(3.Ä“ jWh|d lWh_ei j[cWi Yece0 Ze YWiei edYebÂŒ]_Yei [d #+$Ä“Ä–ĹŠÄ‡Ä‰ÄąÄ‰Ä‰Ä‰ÄŒÄą feb‡j_YWi Z[ c[Z_Y_dWi ĈČÄ?ÄľÄ‡Ä‰ÄąÄ‰Ä‰Ä‰ÄŒÄą bei gk[ ^W i_Ze kdW j[hW# Ä?Ä?đē Wbj[hdWj_lWi" [b dk[le fW# f_W Yecfb[c[djWh_W Z[ hWZ_]cW Z[b H[_a_" X_e# [nY[b[dY_W$ De i[ fk[Z[ [b[Yjhebe]‡W" [b H[_a_ o bW Z[`Wh Z[ bWZe bei X[d[Ă’ Y_ei gk[ fi_Yebe]‡W" WYj_lWY_ÂŒd [d[h]ƒj_YW fhefehY_edW [d bW fWhj[ fi_Yeie# Z[ bei c[Z_YWc[djei" Wb_c[djW# c|j_YW Z[b _dZ_l_Zke fehgk[ b[ Y_ÂŒd iWdW o i[]kh_ZWZ Wb_c[djW# Xh_dZW c[`eh‡W [d [b [ijWZe [ce# h_W" [djh[ ejhei$ Y_edWb" WĂ’ hcW [b [nf[hje$ ;b eX`[j_le Z[ [ij[ [l[dje i[h| fhefehY_edWh kdW Æl_i_ÂŒd Y_[dj‡# Ă’ YW o Yedi[hlWh bW fWhj[ ^kcW# !#/3 ". IWdjehe c[dY_edW gk[ [ijW jƒY# d_ijWÇ Z[ [ijW j[c|j_YW" i[]‘d d_YW c_b[dWh_W ^W WlWdpWZe h|f_# IWdjehe$
ēŊ -Ŋ+ Ŋ !34 +(" "Ŋ2#Ŋ42 Ŋ!.,.Ŋ3#1 /( Ŋ!.,/+#,#-3 1( Ŋ#-Ŋ +%4-.2Ŋ '.2/(3 +#2Ŋ8Ŋ!+~-(! 2ē
ŏ ŏ
ŏ
¡
Ċŋ
?% D8I:<CF D<A@8 I% _d\a`X7cX_fiX%Zfd%\Z
āą
CARBONO TERMINACIÓN VERBAL
ŏ Ĉŏ ŏ ŏ ŏĂĀāĀŏ
ŏ +. Čŏ
HILERA
ACTOR DE LA
TIEMPO
TRAMPA,
CÓMO ROBAR
CULTIVAR
PELÍCULA
UN BANCO
EMBUSTE
LA TIERRA
ũũ
LABRAR
AMAR
ROSTRO
CIUDAD DE COLOMBIA
LECHO
HUESO DE LA
RAMO LARGO
ALTAR
TIEMPO, AÑOS
MERIDIONAL
MUSTÉLIDO
TREPADORA PRIMERA MUJER
INSTRUMENTO
ADVERBIO DE LUGAR
MÚSICO CIUDAD DE MARRUECOS
RUGOSA,
SÍMBOLO DE
RÍGIDA
CONVICTA
CAPITAL DE VENEZUELA
NOTICIA, NOTA
MAQUE
PIÉLAGO
CRUCÍFERA RÍO DE EUROPA
ARTÍCULO FEMENINO
CASTIGO, PENITENCIA
DISPERSA TREINTA DÍAS
NÚMERO PAR ACTRIZ DE LA
PICA
PALERMO SHOOTING
ESPUERTA
PELÍCULA
SALUDABLE DE ESTA
GRANDE
MANERA
RELIGIOSA
FLANCO
OMEGA
ONDA
SEGUNDA NOTA MUSICAL
ARREGLO, ALIANZA
ARMA
ARGOLLA
Solución anterior
I
O
A N
O
P
A
L
E
G
R ÁTOMO SARCASMO
MAQUINAR, TONTO EN
T
O
SEGLAR, NOVICIO MANADA DE CERDOS
FRAGUAR KICHWA
C
A
M
O
T
A
R
PIEDRA SEMIPRECIOSA
PATO
A
M
A
A
R
A
I
P ATASCAR TACAÑO
O
B
E
A
N
C
A
E
D
I
CALCETÍN
A
R
E
HOGAR
O
R
A
R
ROGAR, REZAR
C
L
A
R
O
R
O
C
A
N
A
R
I
S
T
CARCOMER FRENAR, DETENER
P A
ACTRIZ DE LA PELÍCULA
FAT SLAGS
C O
CAMINAR CIUDAD DE EE. UU.
R
R
E
A
N
R
O
A PERRO ALFA
L
CABEZA DE GANADO LANAR
T
A
A
GANSO
GENERACIÓN, RAZA
PAPAGAYO
CELEBRIDADES
A
>@C9<IK :<J9IFE (0(* $ (0.0 EFM<C@JK 8 =I8E:<J% KI8Kä C8 @EALJK@:@8 JF:@8C# 98AF <C GI@JD8 :8KäC@:F%
N
V
R
A
ALUMINIO
A
R T
I
MALVADA
DIOS DE LOS REBAÑOS
LA LECHE
FLOJA
ADORAR
QUÍMICO DE SÍMBOLO NE.
POLICÍA RURAL UVA SECA
J
MEDIDA DE
P
O
P
A
N
R
ESPARTO
O CREMA DE LA
LITIO
R
A
A
T
T
HUESO DE LA
H
CONTAR
A
R
C
A
A
M
POLÍTICO
I
N
T
A
E
BAÑADO DE LUZ
N
A
S
A
R
D
C
A
BURLA
A
B
APÓCOPE
R
DE TANTO
TIZA
A CORAZÓN
S
A
DEL DILUVIO
C PLATERO
RÍO DE LA URSS CHANZA,
L
O
A C
M A
O FALDA INDÍGENA PAREJA
R APÓCOPE DE
ARTERIA DEL SÍMBOLO DE
A
S A
EMBARCACIÓN
MAMÁ
HUELGA
T
ũFh_c[hW =k[hhW CkdZ_Wb$ ŗũ 9ed Wf[dWi '. W ei Z[ [ZWZ"
VÁGUID, VÉRTIGO
ALFA
ASIDERO
REPERCUSIÓN
METAL PRECIOSO
YERRO, ERROR
GUERRILLA VASCA
CADERA
DIOS DEL
PENETRAR CHINO
VIENTO
TOSTAR PALPAR
PALMA DE CANARIAS PADRE
P
A
A
R
P
A
A
Ċŋ 7
ĔũĈČĖĊć
FURIA
SOGA DE LONGITUD
YUNQUE DEL
N
O
A C
L
ACTOR DE LA PELÍCULA LO DÍAS DE NUESTRAS VIDAS
FLÁCIDA,
PELIGROSA,
LECHE SÍMBOLO DE AZUFRE
A
O
ANIMALES
RECLAMAR VOZ DE ARRULLO
OLA
RADIO CINTA DE ALGODÓN
SABROSO
DEMANDAR,
CANTO, BORDE
SÍMBOLO DE
N
A
AGREDIR
PEÑASCO
MISIVA
L VELLÓN
SÍMBOLO DE
COLA DE LOS
L A
R
P
CREMA DE
LIZA
M A N
A
A
DUEÑO
R
ALTAR IR EN INGLÉS
R CALENTAR, ENCENDER VOZ DE ARRULLO
T
R
O
O
G
DIGNIDAD PAPAL
QUE TIENE
SIMBOLO
CUARTA
ALAS
DE SODIO
2 9 3
VOCAL
9 5 9 8
6 4 5
8
1
2
9 7 4
3
1
7
4
5
3 6 5 2 8 9 9 8 2 6 1 3 7 3 6 1 9 8 5 2 4 9 2 8 6 5 4 3 7 1 1 5 4 3 2 7 9 6 8 3 4 7 5 1 6 8 9 2 8 9 1 2 7 3 4 5 6 2 6 5 8 4 9 1 3 7 7
2 4 3 5 3 3 8 6 7 9 2 6 3 3 2 5 3 1 8 6 2 4 1
: ũ }
# -"#13 +#2ũ#1 -ũ/1.,(2!4.2ũ8ũ %1#2(5.2 ũ ũěũBei fh_c[hei ^k#
cWdei [hWd c|i Yecf[j_j_lei o fhec_iYkei gk[ bei ^kcWdei WYjkWb[i" i[] d kd dk[le [ijkZ_e$ Bk[]e Z[ WdWb_pWh Z[Zei Z[ \ i_b[i Z[ d[WdZ[hjWb[i" Wdj[Y[ieh[i Z[b ^ecXh[ WYjkWb" kd ]hkfe Z[ Y_[d# j ÒYei Z[j[hc_d gk[ [ijei ikf[# hWXWd Wb WYjkWb >ece IWf_[di [d [b d c[he Z[ fWh[`Wi i[nkWb[i$ Bei _dl[ij_]WZeh[i [ijkZ_Whed bei ^k[iei Z[ bei Z[Zei \ei_b_pWZei Z[ bei i_c_ei o ^ec d_Zei [nj_djei fWhW Wfh[dZ[h c|i WY[hYW Z[ ik WYj_l_ZWZ ^ehcedWb$
;b [ijkZ_e" [d [b gk[ fWhj_Y_fW# hed Y_[dj ÒYei Z[ bWi kd_l[hi_# ZWZ[i Z[ B_l[hfeeb" En\ehZ o Iekj^Wcfjed" Z[ H[_de Kd_Ze" o 9Wb]Who" Z[ 9WdWZ|" \k[ fkXb_YWZe [d [b bj_ce d c[he Z[ bW h[l_ijW ÈFheY[[Z_d]i e\ j^[ HeoWb IeY_[joÉ$ ;b ]hkfe Z[ _dl[ij_]WZeh[i" [dYWX[pWZe feh ;ccW D[bied Z[ bW Kd_l[hi_ZWZ Z[ B_l[hfeeb ?d]bWj[hhW " WdWb_p bei Z[Zei \ei_b_pWZei Z[ YkWjhe [if[Y_[i Z[ ^ec d_Zei$ BWi fhefehY_ed[i Z[ bei Z[Zei Z[ bei h[ijei \ i_b[i Z[ bei ^ec d_#
ĸ$# 1#1.ũĉćũıũ, 19.ũĉćĹũ
ũ2#-2( (+(" "ũ2#1;ũ4- ũ#,.!(¢-ũ04#ũĄ4ı 8 ũ!.-ũ,4!' ũ,;2ũ$4#19 ũ#-ũ "ēũ#-ũ#23#ũ ,.,#-3.ēũ #!4#1"#Ėũ .ũ,;2ũ, 1 5(++.2.ũ 04#ũ3#-#,.2ũ#2ũ+ ũ! / !(" "ũ"#ũ2#1ũ'.8ũ ,#).1#2ũ04#ũ 8#1ēũ
ũũ
ĸ, 19.ũĉĈũıũ 1(+ũĈĒĹ 42ũ#,.!(.-#2ũ2#1;-ũ,48ũ$4#13#2ũ +ũ(%4 +ũ 04#ũ24ũ2#-2( (+(" "ēũ 2ũ/.2( +#ũ04#ũ2#ũ ,4#231#ũ,;2ũ $#!34.2.ũ8ũ /#% ".ũ ũ242ũ , 2!.3 2ũ8ũ/+ -3 2ēũ #!4#1"#Ėũ /1#-" ũ ũ 2 ! 1ũ5#-3 ) ũ"#ũ+.2ũ#11.1#2ũ!.,#3(".2ē
ũũ
ĸ 1(+ũĉćũıũ, 8.ũĉćĹ +ũ /.8.ũ#,.!(.- +ũ8ũ $#!3(5.ũ04#ũ+#ũ 1(-"#ũ ũ242ũ ,(%.2ũ2#1;ũ5 +(.2.ũ#-ũ#23#ũ ,.,#-3.ēũ #!4#1"#Ėũ 4 -".ũ+.ũ(-04(#3#ũ 4-ũ/1. +#, Ĕũ $1¢-3#+.ũ!.-ũ! +, ē
^ ũ
ARROJADIZA
R
[b [djedY[i f[h_eZ_ijW ;hd[ij >[c_d]mWo i[ cWhY^W Wb \h[dj[ Z[ XWjWbbW$ JhWi h[ikbjWh ^[h_Ze" YedeY[ W 7]d[i led Akhemiao" kdW [d\[hc[hW lebkdjWh_W$ ;b `el[d h[fehj[he bkY^Wh| [d ik XWjWbbW f[hie# dWb$ 9_djW Z_h_]_ZW feh I_h H_Y^WhZ 7jj[dXehek]^$
VALUAR PLANTA
;YkWZeh Yed ik lep" WYecfW# Wb fhe]hWcW Z[ j[b[l_i_ d È9_kZWZWdei Z[b CkdZeÉ [d kd h[Yehh_Ze feh bW WjhWYj_lW fhel_dY_W jkh ij_YW Z[b 7pkWo" bb[de Z[ \WiY_dWdj[i Wl[djk# hWi$ 7Z[c|i [d [ij[ YWf jkbe [ijWh| fh[i[dj[ [b cWhY^_ijW @[õ[hied F h[p$
2(¢-ũ"#ũ%4#11
FORJAR AFIRMACIÓN
LITRO
CHIFLADA
ũ ¡ ĔũĈĈĖćć
ũũ
MAMÍFERO
PLANTA
(4" " -.2ũ "#+ũ,4-".
ĸ#-#1.ũĉćũıũ$# 1#1.ũĈĒĹ -ũ#23#ũ,.,#-3.ũ242ũ1#!412.2ũ#,.!(.ı - +#2ũ2#1;-ũ,4!'.ũ,;2ũ5 +(.2.2ũ8ũ#-1(ı 04#!#".1#2ũ/ 1 ũ "ēũ #!4#1"#Ėũ -3#ũ+.ũ (11#,#"( +#Ĕũ+.ũ,;2ũ2#-2 3.ũ#2ũ !#/3 1+.ũ !.-ũ2#1#-(" "ēũ
CADERA
Y DELGADO
RÍO DE ASIA
ũ@eh][ Bk_i Z[b >_[hhe" ŗũ Whj_ijW gk[ h[lebkY_ed W
Ġ !(¢ũ4-ũ"~ ũ!.,.ũ'.8ğ
4ũ Ì204#" ũ(-3#1- ũ#2ũ,48ũ ,/+( ũ8ũ "# #ũ /1#-"#1ũ ũ!.-ă 1ũ#-ũ+ ũ 84" ũ04#ũ /1.5(#-#ũ"#+ũ .2,.2ēũ 42ũ("# +#2ũ2.-ũ ,4!'.2ũ +ũ(%4 +ũ04#ũ242ũ$4#19 2ũ8ũ"#2#.2ēũ # #ũũ31 3 1ũ"#ũ!.-31.+ 1ũ24ũ! 1;!3#1ũ8ũ2#1ũ ,#-.2ũ#7/+.2(5.ē
SÍMBOLO DE
}
+ #13ũ ,42 ĸĈĒĈĊıĈĒďćĹũ
ũ;iYh_jeh o Òb ie\e \hWdY i" ŗũ Fh[c_e DeX[b Z[ B_j[hWjkhW '/+-" dWY[ kd Z W Yece ^eo [d CedZel_" 7h][b_W$ Iki eXhWi Ä[d bWi gk[ Ò]khWd del[bWi" [diWoei o ZhWcWiÄ fed[d Z[ h[b_[l[ bei fheXb[cWi gk[ i[ fbWdj[Wd [d bW YedY_[dY_W Z[ bei ^ecXh[i Z[ ik feYW$ Ik b_Xhe Òbei ÒYe È;b ^ecXh[ h[X[bZ[É _dj[dj Z[ceijhWh be Z[ijhkYj_le Z[ jeZW _Z[ebe] W gk[ fhefed]W kdW ÒdWb_ZWZ [d bW ^_ijeh_W$ 7kjeh jWcX_ d Z[ bWi del[bWi È;b [njhWd`[heÉ o ÈBW YW ZWÉ$
ĸ, 8.ũĉĈũıũ)4-(.ũĉĈĹ -ũ#+ũ;1# ũ/1.$#2(.- +ũ4"ēũ"# #1;ũ !34 1ũ !.-ũ1#2/.-2 (+(" "ũ8ũ '~-!.ũ8 ũ04#ũ"#ũ+.ũ !.-31 1(.ũ3#-"1;ũ(-!.-5#-(#-3#2ũ!.-ũ242ũ 24/#1(.1#2ēũ #!4#1"#Ėũ "ēũ#2ũ#+ũ2#1ũ,;2ũ , 1 5(++.2.ē
: ũũ
ĸ)4-(.ũĉĉũıũ)4+(.ũĉĉĹ /1.5#!'#ũ#23#ũ,.,#-3.ũ"#ũ2#-2( (+(" "ũ / 1 ũ" 1ũ(-3#1/1#3 !(¢-ũ ũ242ũ24# .2ũ8 ũ 04#ũ#23.2ũ2#1;-ũ1(!.2ũ#-ũ,#-2 )#2ũ04#ũ+#ũ %4( 1;-ēũ #!4#1"#Ėũ ũ$#+(!(" "ũ -(" ũ#-ũ +.2ũ!.1 9.-#2ũ .-" ".2.2ē
ũũ
ĸ)4+(.ũĉĊũıũ %.23.ũĉĉĹũ +ũ.!4+3(2,.ũ8ũ#2.3#1(2,.ũ2#1;ũ,4!'.ũ ,;2ũ 31 !3(5.ũ/ 1 ũ4"ũ2#ũ3.1- ũ,;2ũ 31 !ı 3(5.ũ/ 1 ũ "ēũ+.ũ04#ũ' 1;ũ04#ũ2#ũ#,/ /#ũ ,4!'.ũ,;2ũ"#ũ#++.ēũ #!4#1"#Ėũ 4#"#ũ ' !#1ũ4-ũ/.15#-(1ũ$#+(9ũ!.-ũ4-ũ#2$4#19.ũ / !(#-3#ũ8ũ!.-23 -3#ē
ũũ
ĸ %.23.ũĉĊũıũ2#/3(#, 1#ũĉĉĹ
.2ũ"#3 ++#2ũ $#!34.2.2ũ8ũ"#,.231 3(5.2ũ 04#ũ3#-% ũ!.-ũ24ũ/ 1#) ũ#-ũ#23#ũ,.,#-3.ũ 2#1;-ũ#-1(04#!#".1#2ũ/ 1 ũ+ ũ1#+ !(¢-ũ8ũ +#ũ" 1;-ũ$#+(!(" "ũ ũ#++ ēũ #!4#1"#Ėũ +4"#ũ ! " ũ"~ ũ!.-ũ./3(,(2,.ũ!.-ũ+ ũ2#%41(" "ũ "#ũ04#ũ#23#ũ#2ũ#+ũ,#).1ũ"~ ũ"#ũ24ũ5(" ē
ũũ
ĸ2#/3(#, 1#ũĉĊũıũ.!34 1#ũĉĉĹ 1 ũ#+ũ 4#-ũ$4-!(.- ,(#-3.ũ"#ũ24ũ2(23#ı , ũ"(%#23(5.ũ"#/#-"#1;ũ"#ũ24ũ! / !(" "ũ +ũ!.-31.+ 1ũ242ũ#,.!(.-#2ēũ #!4#1"#Ėũ (ũ2#ũ 43.24%#23(.- ũ!.-ũ/#12#5#1 -!( ũ . 3#-"1;ũ#+ũ. )#3(5.ũ04#ũ2#ũ2# +#ē
ũũ
ĸ.!34 1#ũĉĊũıũ-.5(#, 1#ũĉĈĹũ "ēũ"# #ũ31 3 1ũ"#ũ1#$.19 1ũ+ ũ 43.#23(, ũ #ũ(-"#/#-"#-!( ũ"#ũ24ũ/ 1#) ũ#ũ'().2ēũ +ũ ,.1ũ/.1ũ24ũ/ 1#) ũ2#1;ũ,;2ũ$4#13#ũ8ũ".ı ,(- -3#ēũ #!4#1"#Ėũ 1 )#ũ!.-ũ3#- !(" "ũ 8ũ!.-ũ2#1#- ũ2#%41(" "ē
ũũ
ĸ-.5(#, 1#ũĉĉũıũ"(!(#, 1#ũĉĈĹũ .,#-3#ũ+ ũ1#2/.-2 (+(" "ũ8ũ!../#1 ı !(¢-ũ#-ũ24ũ#-3.1-.ũ$ ,(+( 1ũ/ 1 ũ 2~ũ!1# 1ũ 4-ũ , (#-3#ũ,;2ũ %1 " +#ēũ #!4#1"#Ėũ 1#/ 1 1ũ#+ũ$4341.ũ2(%-(ă! ũ" 1ũ$4-" ,#-ı 3.ũ +ũ/1#2#-3#ē
Zei fk[Z[d i[h kj_b_pWZei Yece _dZ_YWZeh[i Z[ bei d_l[b[i gk[ j[d Wd Z[ WdZh ][dei fh[dWjW# b[i" kd ]hkfe Z[ ^ehcedWi gk[ fWhj_Y_fWd Z[b Z[iWhhebbe Z[ bWi YWhWYj[h ij_YWi cWiYkb_dWi" Yece bW W]h[i_ d o bW fhec_iYk_ZWZ$
ũũ
ĸ"(!(#, 1#ũĉĉũıũ#-#1.ũĈĒĹ /1.5#!'#ũ+ ũ! / !(" "ũ"#ũ24ũ,#,.1( ũ 8ũ /+~04#+ ũ +ũ;1# ũ"#ũ+.2ũ#234"(.2ēũ ũ 2#-2( (+(" "ũ"#ũ242ũ'#1, -.2ũ,#).1 1;ũ + ũ1#+ !(¢-ũ04#ũ3(#-#ũ!.-ũ#++.2ēũ #!4#1"#Ėũ 4+3(5#ũ+ ũ%(,- 2( ũ"#ũ+ ũ +#%1~ ũ/ 1 ũ04#ũ +(5(#ũ24ũ!.1 9¢-ē
Ä Ä†
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ?
3 / ĹŠ"#!(2(5 ĹŠ "#ĹŠ(-(!(.ĹŠ Äą }
-31#ĹŠ .) ĹŠ8ĹŠ 4#-! ĹŠ2#ĹŠ1#!.11#1;-ŊĉđĉŊ*(+¢Ĺ ,#31.2ĹŠ#-ĹŠ3.3 +Ä–ĹŠÄˆÄˆÄˆĹŠ"#ĹŠÄĽ/1(,#2ÄŚĹŠ8ĹŠÄˆÄ?ÄˆĹŠ*,ĹŠ"#ĹŠ #-+ !#2Ä“ >eo Yec_[dpW bW Lk[bjW 7kjece# l_b‡ij_YW Wb ;YkWZeh Yed [b jhWce [djh[ Be`W o 9k[dYW$ I[h|d (.( a_bÂŒc[jhei gk[ j[dZh|d gk[ h[# Yehh[h bei ,, f_bejei gk[ fWhj_Y_# fWh|d [d [ijW fhk[XW$ 7o[h i[ j[d‡W fh[l_ije gk[ bei Wkjei fWiWhWd bW h[l_i_ÂŒd jƒYd_# YW Ă„ c[Y|d_YW fWhW gk[ i[Wd WfheXWZei o fk[ZWd Yecf[j_h$ ;d bW jWhZ[" [d YWcX_e i[ _XW W h[Wb_pWh bW i[i_ÂŒd YbWi_Ă’ YWjeh_W fWhW Z[Ă’ d_h [b ehZ[d Z[ fWhj_ZW [d YWZW kdW Z[ bWi YWj[]eh‡Wi$ ;b fh_dY_fWb \Wleh_je fWhW ]W# dWh bW Lk[bjW [i >ec[he 9k[d#
YW" gk_[d [i [b WYjkWb YWcf[ÂŒd Z[ [ijW fhk[XW$ I[]‘d <Wkije FWbWY_ei" h[# fh[i[djWdj[ Z[b Be`W 7kjecÂŒl_b 9bkX" [ijW [jWfW [i Z[Y_i_lW fWhW _h f[hĂ’ bWdZe W bei ]WdWZeh[i Z[ bW fhk[XW$ Æ7b i[h kdW [jWfW _d_# Y_Wb o \k[hj[ dei fk[Z[ ZWh f_ijWi Z[ gk_ƒd[i i[h|d bei \Wleh_jei fWhW ]WdWh bW fhk[XW$ ;b jhWo[Yje [i Z_\‡Y_b fehgk[ ied YWc_dei Z[ bWijh[ o bei YWhhei ied [n_]_Zei Wb c|n_ceÇ" [nfh[iÂŒ FWbWY_ei$ Bei f_bejei Z[X[h|d YedY[d# jhWhi[ [d [b i[Yjeh Z[ 9WjWcWoe [d bW fhel_dY_W Z[ Be`W W bWi .0)&
fWhW fWhj_h Z[iZ[ [ij[ i_j_e$ ?d# c[Z_WjWc[dj[ h[Yehh[h|d bW l‡W W 9Wh_WcWd]W o bb[]Wh|d ^WijW IkikZ[b fWhW Ă’ dWb_pWh [d Jkh_" fhel_dY_W Z[b 7pkWo$ FWbWY_ei WZ[c|i ieijkle gk[ bW ^ehW Z[ bb[]WZW Z[ bei b‡Z[h[i Wb i[Y# jeh Z[ Jkh_ i[h| Wfhen_cWZWc[dj[ W bWi '+0)& [d bWi Y_dYe YWj[]eh‡Wi" fWhW h[Yehh[h bei (.( a_bÂŒc[jhei gk[ j_[d[ [d jejWb bW [jWfW '$ ;ijW \Wi[ [i kdW Z[ bWi c|i bWh]Wi gk[ j[dZh|d gk[ h[Yehh[h bei f_bejei$ >WXh| kd WXWije [d [b i[Yjeh Z[b 9ecfb[`e <[h_Wb [d bW l‡W W 9k[dYW$
&5"1"
-PKB $VFODB 'FDIB %PNJOHP EF OPWJFNCSF )PSB EF MBSHBEB I %JTUBODJB LNT
-MFHBEB :l\eZX 3FDPSSJEP
#UENCA ,OJA
$BUBNBZP BHSVQBNJFOUP "HVBNBOÓB $VNCF 1VFOUF (VBZBCBM 7ÓB $BSJBNBOHB 7ÓB $BSJBNBOHB A: EF -B 5PNB A: -B 5PNB 5JFSSBT $PMPSBEBT 5JFSSBT $PMPSBEBT $PNQMFKP 'FSJBM $PNQMFKP 'FSJBM "#"450 $PNQMFKP 'FSJBM 7ÓB B $VFODB 4VTVEFM 7ÓB $VFODB $BOBM 4BVDFT /PSUF 4BVDFT /PSUF 7ÓB BOUJHVB $VFODB 4BVDFT /PSUF 4BO -VDBT 4BO -VDBT 4VTVEFM 4VTVEFM &M 1SPHSFTP -B 1B[ 4BSBHVSP &M 1SPHSFTP $VNCF $VNCF 5BSRVJ 5BSRVJ $BSNFO EF (V[IP &OU $BSNFO EF (V[IP 5VSJ
4BO -VDBT
CfaX -B 5PNB
4BMJEB
& &OMBDF 1 1SJNF
5JQP EF USBNP
,NT
1 & 1 &
& 1 & 1 & 1 & 1 & 1
&OMBDFT LNT 1SJNFT LNT 5PUBM LNT &MBCPSBDJĂ˜O -" )03"
.1/1#2(5 Ŋ/.+#Ŋ"#Ŋ 4+*#- #1% Ŋ ēŊ Ŋ ěŊ ;b Wb[c|d D_Ye
>kba[dX[h] M_bb_Wci#9eimeh# j^ iehfh[dZ_ÂŒ W bei \Wleh_jei o i[ ^_pe Yed bW Ăˆfeb[É [d [b =hWd Fh[# c_e Z[ 8hWi_b Z[ <ÂŒhckbW Kde" [d [b gk[ [b b‡Z[h Z[b CkdZ_Wb o ‘d_Ye gk[ fk[Z[ be]hWh ^eo [b j‡jkbe" [b [ifW‹eb <[hdWdZe 7be# die <[hhWh_ " Yec[dpWh| Z[iZ[ [b gk_dje fk[ije$ >kba[dX[h]" YWcf[ÂŒd [b W‹e fWiWZe Z[ bW =F(" i[ ^_pe YedjhW jeZe fhedÂŒij_Ye Yed ik fh_c[hW Ăˆfeb[É [d <ÂŒhckbW Kde o [ijWh| WYecfW‹WZe [d bW fh_c[hW Ă’ bW feh [b Wb[c|d I[XWij_Wd L[jj[b H[Z 8kbb#H[dWkbj " YkWhje [d [b YWcf[edWje W (+ fkdjei Z[ 7bedie$
;b iehfh[dZ[dj[ f_beje Wb[# c|d _cf_Z_ÂŒ bW Z[Y_cegk_djW Ăˆfeb[É Z[ H[Z 8kbb [d [ijW j[c# fehWZW" Yed be gk[ ^WXh‡W _]kW# bWZe bW fbkicWhYW [ijWXb[Y_ZW Wdj[h_ehc[dj[ feh bei [gk_fei CYBWh[d o M_bb_Wci" gk[ j_[d[d [d ik fWbcWhƒi gk_dY[ fh_c[hei fk[ijei Z[ fWhh_bbW [d kdW c_i# cW YWcfW‹W$ ;ij[ W‹e L[jj[b be ^W be]hWZe dk[l[ l[Y[i o M[X# X[h" Y_dYe$ :[iZ[ bW i[]kdZW Yec[dpW# h|d [b WkijhWb_Wde CWha M[XX[h H[Z 8kbb#H[dWkbj o [b Xh_j|d_Ye B[m_i >Wc_bjed CYBWh[d#C[h# Y[Z[i " i[]kdZe o j[hY[he [d [b CkdZ_Wb W '' o (' fkdjei Z[b fh_# c[he$ 7bedie" ‘d_Ye f_beje gk[
+ 2(ÄƒĹŠ! !(¢ļ .+#ĹŠ/.2(3(.-ÄŚ
Ĺ—ĹŠ 1(,#1.ĹŠ Ĺ—ĹŠ #%4-".ĹŠ Ĺ—ĹŠ #1!#1.ĹŠ Ĺ—ĹŠ 4 13.ĹŠ Ĺ—ĹŠ 4(-3.ĹŠ
(*.ĹŠ 4+*#- #1% # 23(;-ĹŠ #33#+ 1*ĹŠ # #1
#6(2ĹŠ ,(+3. #1- -".ĹŠ +.-2.
cW‹WdW fk[Z[ be]hWh [b j‡jkbe" iWbZh| ^eo [d XkiYW Z[ ik j[hY[# hW YehedW Z[iZ[ [b gk_dje fk[ije o YecfWhj_h| bW j[hY[hW Yed [b XhWi_b[‹e HkX[di 8Whh_Y^[bbe M_bb_Wci#9eimehj^ $ ;b c|i Wl_ifWZe Z[ jeZei o [b gk[ WbYWdpŒ bW j[cf[hWjkhW
ēŊ 4+*#- #1%ĹŠ /1.5#!'¢Ŋ+ ĹŠ 4#- ĹŠ3#,/#1 341 ĹŠ"#ĹŠ242ĹŠ++ -3 2ĹŠ/ 1 ĹŠ 1# +(9 1ĹŠ4-ĹŠ#7!#+#-3#ĹŠ54#+3 ĹŠ"#ĹŠ!+ 2(ÄƒĹŠ! !(¢-Ä“
_Z[Wb fWhW iki d[kc|j_Yei [d [b cec[dje Z[Y_i_le \k[ D_Ye >kba[dX[h]" Z[ () W‹ei" gk[ [d ik fh_c[h W‹e Yece f_beje j_jk#
bWh Z[ <ŒhckbW Kde i[ ^_pe Yed [b fh_c[h fk[ije Z[ bW fWhh_bbW feh Z[bWdj[ Z[ jeZei bei \Wleh_jei o Wif_hWdj[i Wb j‡jkbe Z[ YWcf[Œd$
Ĺ? Ĺ?
Ĺ?
#!(2(5. 2!4 "1 2ĹŠ
Ä Ä‡
ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ?
+ĹŠ3.".ĹŠ .ĹŠ- " BW Kd_l[hi_ZWZ 9WjÂŒb_YW i[ [d# \h[djW ^eo '(0&& Wb [gk_fe Z[b CWdjW" [d kd fWhj_Ze gk[ j_[d[ [d `k[]e bW f[hcWd[dY_W Z[b [gk_fe Ăˆ9WcWhWjWÉ \h[dj[ W kd YkWZhe gk[ de j_[d[ dWZW f[dZ_[dj[ c|i gk[ j[hc_dWh X_[d [b W‹e o i[]k_h Z[# ceijhWdZe gk[ [i [b [gk_fe h[l[# bWY_ÂŒd Z[ bW j[cfehWZW$ @eh][ 9ƒb_Ye i[]k_h| ZWdZe efehjkd_ZWZ Z[ WYjkWh W bei `ÂŒ# l[d[i$ Feh [bbe [ijWh|d [d YWd# Y^W C_]k[b I[]khW o @edWj^Wd Z[ bW 9hkp o 8ohed 9Wde" gk_[# d[i i_]k[d ikcWdZe c_dkjei [d bW fh_c[hW Z_l_i_ÂŒd$ :[ ik fWhj[" <WX_|d 8kijei de j_[d[ cWoeh[i del[ZWZ[i$ 9Whbei >_ZWb]e lebl[h| W bW j_jkbWh_ZWZ o i[h| [b [`[ Z[b c[Z_eYWcfe
.1ĹŠ#+ĹŠ "#2!#-2. JWdje CWYWh| Yece ?dZ[f[d# Z_[dj[ Z[b LWbb[ [ij|d Yecfhe# c[j_Zei Yed [b Z[iY[die" ^eo i[ [d\h[djWh|d W fWhj_h Z[ bWi '(0&& [d [b [ijWZ_e 8[bbWl_ijW$ ;b [gk_# fe WcXWj[‹e [ij| [d bW ‘bj_cW YWi_bbW" c_[djhWi gk[ bei iWd]eb# gk_b[‹ei [ij|d [d bW ZƒY_cW YW# i_bbW W jh[i fkdjei Z[ iki h_lWb[i Z[ ^eo" Wi‡ bei Zei [gk_fei iWb[d Yed bW eXb_]WY_ÂŒd Z[ ]WdWh$ Bei WcXWj[‹ei ]WdWhed ik ‘bj_ce Yecfhec_ie" f[he W‘d Wi‡ i_]k[d ‘bj_cei o Ă’ hc[i YWd# Z_ZWjei Wb Z[iY[die$ ;d [ijW eYW# i_ÂŒd" @Wd_e F_dje de fh[lƒ h[W# b_pWh YWcX_ei [d bW fbWdj_bbW Z[b ‘bj_ce fWhj_Ze$ 9h_ij_Wd 9Wijhe lebl[h| W WYjkWh" jhWi ikf[hWh ik ikif[di_ÂŒd$ ;b YkWZhe Z[b LWbb[" [d YWc# X_e" i[ Yecfb_YÂŒ jhWi YW[h [d ik [ijWZ_e Wdj[ B_]W$ ;ijW Z[hhejW b[ ^kdZ_ÂŒ [d [b \edZe o W^ehW Z[X[ iWb_h Yed bW eXb_]WY_ÂŒd Z[ iWb_h W ikcWh fkdjei" jWdje Z[ beYWb Yece Z[ l_i_jWdj[$ @kb_e 7iWZ de feZh| YedjWh
ēŊ ¥
.1 Ŋ ē 1(5( .Ŋ ē .13_9Ŋ ē .+#"(2/ Ŋ ē #%41 Ŋ ē Ŋ+ Ŋ 149Ŋ ē .+  .2Ŋ ē _+#9Ŋ ē 9 Ŋ ē 4#11 Ŋ ē -.Ŋ ē ē ēŊ .1%#Ŋ _+(!.
,~1#9ĹŠ Ä“ .-3 Â .ĹŠ Ä“
#"#2, Ŋ ē ¢,#9Ŋ ē (#11 Ŋ ē (" +%.Ŋ ē
231 Ŋ ē ¢,#9Ŋ ē ( --(Ŋ ē (- Ŋ ēŊ #5 !04 Ŋ ē ēŊ (;-Ŋ 423.2
(%4#-ĹŠ#-ĹŠ + ĹŠ/#+#
23 "(.Ä–ĹŠ 3 '4 +/ .1 ĖĈĉĖćć :1 (31.Ä– +$1#".ĹŠ -31( %.
Ăˆ7jkd[heÉ$ BWi [if[hWdpWi Z[ ]eb h[YW[h|d ieXh[ CWn_c_b_Wde 8[lWYgkW" gk_[d [i kde Z[ bei c|n_cei Whj_bb[hei Z[b jehd[e$ ;d [ij[ fWhj_Ze [b [gk_fe gk[ j[dZh| gk[ iWb_h W XkiYWh [b cWhYWZeh \WlehWXb[ i[h| bei ĂˆYW# cWhWjWiÉ" gk[ d[Y[i_jWd fkdjei fWhW iWb_h Z[b iÂŒjWde Z[ bW jWXbW Z[ fei_Y_ed[i$
.1, !(.-#2 #!' ĹŠÄˆÄ’
:
4, ĹŠ Ä“ .1.9.ĹŠ Ä“ .1.2.ĹŠ Ä“ .11#2ĹŠ Ä“ 8.5~ĹŠ Ä“
11# Ŋ ē (!#".Ŋ ē :+5 1#9Ŋ ē 23(++.Ŋ ē 231.Ŋ ē #Ŋ 14-.Ŋ ē ē ēŊ -(.Ŋ (-3.
ēŊ Ŋ
9!.- Ŋ ē (-#(" Ŋ ē 413 ".Ŋ ē 1#9 -Ŋ ē 41 9-.Ŋ ē +#-!( Ŋ ē 4#11#1.Ŋ ē , -(#%.Ŋ ē ,.1 Ŋ ē 23(% 11( ( Ŋ ē +"#¢-Ŋ ē ē ēŊ 4+(.Ŋ 2 "
23 "(.Ä–ĹŠ #++ 5(23 .1 ĖĈĉĖćć :1 (31.Ä–ĹŠ .2_ĹŠ 1/(. 1 -2,(2(¢-Ä–ĹŠ !4 5(2
Yed L‡Yjeh 9^_d]W" gk_[d iWb_Œ [nfkbiWZe [d [b ‘bj_ce Yej[`e$ ;d ik bk]Wh [ijWh| xZ[h LWb[dY_W" gk_[d `k]Wh| [d [b c[Z_eYWcfe fWhW h[\ehpWh bW cWhYW$ 7 \WbjW Z[ jh[i \[Y^Wi fWhW gk[ YedYbkoW bW i[]kdZW [jWfW" kdW Z[hhejW Z[ YkWbgk_[hW Z[ bei Zei [gk_fei" b[i fk[Z[ Yecfb_# YWh o i[dj[dY_Wh Wb Z[iY[die$
ēŊ +Ŋ ! 1;Ŋ3 -Ŋ2.+.Ŋ' Ŋ/."(".Ŋ% - 1Ŋ#-Ŋ".2Ŋ.! 2(.-#2Ŋ#-Ŋ24Ŋ#23 "(.ē
ĹŠ
+Ŋ,(_1!.+#2Ŋ)4% 1;-Ŋ ,Ĺ +#!Ŋ8Ŋ #/.13(5.Ŋ 4(3.ĔŊ/ 1Ĺ 3(".Ŋ04#Ŋ04#"¢Ŋ242/#-"(".Ŋ /.1Ŋ+ Ŋ/ 13(!(/ !(¢-Ŋ"#Ŋ+.2Ŋ ļ 94+#2ČŊ#-Ŋ+ Ŋ ./ Ŋ 4Ĺ " ,#1(! - ē
BWi [if[hWdpWi Z[ :[fehj_le Gk_je Z[ WbYWdpWh kd Ykfe W bW 9efW B_X[hjWZeh[i i_]k[d _djWYjWi oW gk[ Wo[h i[ _cfkie Wb ;ifeb_ Yed ]eb[i Z[ I[]kdZe 9Wij_bbe o Z[ <_Z[b CWhj‡d[p$ ;b fWhj_Ze Z[iZ[ kd _d_Y_e \k[ fWhW bei ĂˆY^kbbWiÉ" gk_[d[i iWb_[hed Z[Y_Z_Zei W ^WY[h fh[# lWb[Y[h ik YedZ_Y_ÂŒd Z[ beYWb$ 9Whbei I[l_bbW" jƒYd_Ye ĂˆWpkb# ]hWdWÉ" Wi‡ be Z[ceijhÂŒ Yed [b [igk[cW j|Yj_Ye gk[ Z_ifkie Wo[h [d [b ]hWcWZe Z[b [ijW# Z_e 7jW^kWbfW0 Zei Z[bWdj[hei [d fkdjW o Zei YWhh_b[hei X_[d e\[di_lei$ BW _dj[dY_ÂŒd Z[b jƒY# d_Ye [YkWjeh_WdW \k[ Z[ iWb_h W
]WdWh [b Yecfhec_ie$ BW ZkfbW e\[di_lW Z[ @eiƒ 9Whbei <[hd|dZ[p o Dƒijeh 7oWbW de jkle bW YbWh_ZWZ fWhW j[hc_dWh bWi WYY_ed[i Z[ ]eb" feh [bbe Z[if[hZ_Y_Whed lWh_Wi efehjkd_ZWZ[i Z[ Wcfb_Wh [b cWhYWZeh$ BWi Zei Yedgk_ijWi bb[]Whed [d [b fh_c[h j_[cfe$ ;b jWdje Z[ 9Wij_bbe bb[]Œ jhWi kd j_he b_Xh[ Z[ Bk_i <[hdWdZe IWh_jW# cW" gk[ \k[ Wfhel[Y^WZe feh [b [if_]WZe lebWdj[ Y[djhWb$ ;b i[]kdZe ]eb bb[]Œ [d bei c_dkjei WZ_Y_edWb[i Z[b fh_c[h j_[cfe" jhWi kdW ]hWd `k]WZW Yeb[Yj_lW [djh[ @kWd 9Whbei
#!#2(3 ".2ĹŠ"#ĹŠ/4-3.2 Ebc[Ze o 8WhY[bedW i[ [d# \h[djWd ^eo W bWi '(0&& [d [b [ijWZ_e Eb‡cf_Ye Z[ H_eXWc# XW$ Bei Zei [gk_fei j_[d[d bW c_i_ÂŒd Z[ ]WdWh fWhW Wif_hWh W be]hWh iki eX`[j_lei0 [b fh_c[he Wb[`Whi[ Z[b Z[iY[die" c_[djhWi gk[ bei Ăˆjeh[heiÉ" cWdj[d[h bWi efY_ed[i Z[ kd Ykfe W bW 9efW B_X[hjWZeh[i$ ;b [gk_fe h_eXWcX[‹e j_[# d[ fh[l_ije kj_b_pWh [b c_ice [gk_fe gk[ ^W l[d_Ze kj_b_# pWdZe [d bWi ‘bj_cWi \[Y^Wi" WZ[c|i gk[ 7h_[b =hWp_Wd_ j_[d[ [gk_fe Yecfb[je o fe# Zh| kj_b_pWh W iki c[`eh[i [b[# c[djei$ I_ X_[d [ij|d Wb[`WZei Z[b Z[iY[die" bW _Z[W [i i[]k_h ikcWdZe fkdjei o [ijWh jhWd# gk_bei Z[ YWhW W bW [jWfW Ă’ dWb Z[b jehd[e$ ;d 8WhY[bedW" [d YWcX_e" HkXƒd :Wh‡e ?di‘W kj_b_pWh| [b c_ice [gk_fe gk[ [cfWjÂŒ
ĉ ć
FWh[Z[i" gk_[d Y[Z_ÂŒ bW f[bejW W <[hd|dZ[p o [ij[ fWiÂŒ W CWhj‡# d[p" gk_[d YebeYÂŒ kd \k[hj[ Z_i# fWhÂŒ gk[ i[ [ijh[bbÂŒ [d [b feij[ [ _d]h[iÂŒ Wb WhYe Z[\[dZ_Ze feh 7Zh_|d 8ed[$ FWhW bW i[]kdZW [jWfW" [b Gk_# je h[fb[]ÂŒ iki b‡d[Wi o Z[`ÂŒ gk[ bei Ăˆfeb_Y_Wb[iÉ WjWYWh|d Yedj_# dkWc[dj[" f[he de jkl_[hed bW YbWh_ZWZ fWhW Z[i[gk_b_XhWh [b cWhYWZeh$ FWhW Wkc[djWh bei cWb[i Z[b YkWZhe Z[b Ăˆ=Wbb_jeÉ" :Wh‡e 8ed[ iWb_ÂŒ [nfkbiWZe feh kdW W]h[i_ÂŒd [d YedjhW Z[ CWh# j‡d[p" gk_[d \k[ kd Zebeh Z[ YW# X[pW fWhW bW Z[\[diW l_i_jWdj[$ 9ed [ij[ h[ikbjWZe" [b ĂˆGk_jeÉ i_]k[ f[b[WdZe kd Ykfe Wb jeh# d[e Yedj_d[djWb" c_[djhWi gk[ [b ;ifeb_ YWZW l[p i[ Yecfb_YW c|i Yed [b j[cW Z[b Z[iY[die$
.1ĹŠ+.2ĹŠ/4-3.2 +(-# !(.-#2
-9 ĹŠ Ä“
#"#2, Ŋ ē (!#".Ŋ ē .-#Ŋ ē ;,#9Ŋ ē 1.Ŋ ē 1 -"Ŋ ē #-3 1~ Ŋ ē (99(!'(++.Ŋ ē 1 5.Ŋ ē #1 Ŋ ē ē ēŊ 1(#+Ŋ 1 9( -(
Â&#x; ēŊ 4(2ĹŠ .+  .2ĹŠ5.+5#1;ĹŠ ĹŠ2#1ĹŠ3(34+ 1ĔŊ/#1.ĹŠ ĂŒ-ĹŠ-.ĹŠ"#,4#231 ĹŠ 3.".ĹŠ24ĹŠ/.3#-!( +ĹŠ!.-ĹŠ+ ĹŠ#+;23(! ĹŠ , 1(++ Ä“
\h[dj[ W ;c[b[Y$ BWi ‘d_YWi Wki[dY_Wi gk[ j[dZh| ?di‘W i[h|d bWi XW`Wi Z[ bei Wh][d# j_dei H_YWhZe De_h o Z[ 9h_i#
ēŊ
-%4#1 ĹŠ Ä“ #ĹŠ #2ĂŒ2ĹŠ Ä“ #1+ 9 ĹŠ Ä“ 413 ".ĹŠ Ä“ 9 1#-.ĹŠ Ä“ (" +%.ĹŠ Ä“ 4( ¢-#9ĹŠ Ä“ 8.+ ĹŠ Ä“ .+  .2ĹŠ Ä“ + !(.2ĹŠ Ä“ - -%.-¢Ŋ Ä“ Ä“ ēŊ 4 _-ĹŠ 1~.ĹŠ -2ĂŒ
23 "(.Ä–ĹŠ +~,/(!.ĹŠ"#ĹŠ (. , .1 Ä–ĹŠÄˆÄ‰Ä–Ä‡Ä‡ :1 (31.Ä–ĹŠ .,;2ĹŠ + 1!¢ 1 -2,(2(¢-Ä–ĹŠ #+# , 9.- 2
j_Wd I|dY^[p Fh[j[" gk_[d[i fWZ[Y[d fheXb[cWi \‡i_Yei o de feZh|d WYjkWh$
1 2ĹŠ4-ĹŠ!4/.ĹŠ #-ĹŠ#+ĹŠ%14/.ĹŠ "#ĹŠ+.2ĹŠ".!# ĹŠ
.2ĹŠ#04(/.2ĹŠ!+ Äą 2($(! ".2ĹŠ "# #1;-ĹŠ#-5( 1ĹŠ 4-ĹŠ"#+#% ".ĹŠ ĹŠ+ ĹŠ 1#4-(¢-ĹŠ"#ĹŠ#23#ĹŠ ,(_1!.+#2ĔŊ ĹŠ+ 2ĹŠ ÄˆÄ’Ä–ÄŠÄ‡Ä”ĹŠ#-ĹŠ +ĹŠ! -Äą !' ĹŠ ĹŠ/ +., Ä“
.8ĹŠ2#ĹŠ"#ÄƒĹŠ-#ĹŠ !+ 2(ÄƒĹŠ! !(¢-
ēŊ .2ĹŠ"( +.2ĹŠ1.).2ĹŠ#23;-ĹŠ!.-ĹŠ+ 2ĹŠ/.2( (+(" "#2ĹŠ(-3 !3 2ĹŠ"#ĹŠ!+ 2(ÄƒĹŠ! 1Ä“
¢+.Ŋ.!'.Ŋ #04(/.2Ŋ / 2 1;-Ŋ Ŋ + Ŋ2(%4(#-3#Ŋ 1.-" ē
ĹŠ ěŊ Bei ZeY[ [b[dYei fWhj_Y_fWdj[i Z[b L? 9Wcf[e# dWje C|ij[h Z[ <kbX_je IkX *& Yedj_d‘Wd [d bW fk]dW feh bW eXj[dY_ÂŒd Z[ bW YefW 7ie$ Z[ Ă›hX_jhei Z[ <‘jXeb 7cWj[kh Z[ Gk[l[Ze" o ^eo Yed kdW h[‹_ZW `ehdWZW" Y[hhWh|d bW j[hY[hW \Wi[ Z[b jehd[e$ :[iZ[ bWi ''0)&" [d bW YWdY^W BW fWbecW" Z[b i[Yjeh ;b fWdjW# de" i[ Z_ifkjWh|d bei i[_i fWh# j_Zei" Z[ bei YkWb[i iWbZh|d bei eY^e YbWi_Ă’ YWZei W bW h[YjW Ă’ dWb Z[ bW Yedj_[dZW1 bei Zei fh_c[# hei Z[ YWZW ]hkfe" c|i bei Zei c[`eh[i j[hY[hei$ Fh[l_e W [ijW `ehdWZW i[ h[# ]_ijhWhed bei i_]k_[dj[i h[ikbjW# Zei0 9WbZ[hÂŒd ifehj l[dY_ÂŒ '#& W Bei Wc_]ei Z[ IWd 9Whbei" BW YWbZ[hÂŒd ]eb[ÂŒ *#& W FWbc[_hW" ;b f_jWb ( YWoÂŒ (#+ Wdj[ 9Wbb[ ." 7ie$ (+ Z[ @kb_e i[ _cfkie )#( W
4 ĹŠÄŒÄ‡
+ ĹŠ"#ĹŠ/.2(!(.-#2
04(/.2ĹŠ
ĹŠ
ĹŠ
ĹŠ
ĹŠ
14/.ĹŠ ĹŠ
ŗŊ Ŋ1#5 -!' Ŋ ŗŊ ++#ŊđŊ ŗŊ _1.#2Ŋ"#+Ŋ #-#/ Ŋ ŗŊ +Ŋ/(3 +ŊŒĉŊ
ĉŊ ĉŊ ĉŊ ĉŊ
ĉŊ ÄˆĹŠ ćŊ ćŊ
ćŊ ÄˆĹŠ ÄˆĹŠ ÄˆĹŠ
ćŊ ćŊ ÄˆĹŠ ÄˆĹŠ
Ä?ĹŠ ÄŠĹŠ ÄˆĹŠ ÄˆĹŠ
04(/.2ĹŠ
ĹŠ
ĹŠ
ĹŠ
ĹŠ
14/.ĹŠ ĹŠ
04(/.2ĹŠ
ĹŠ
ĹŠ
ĹŠ
ĹŠ
14/.ĹŠ ĹŠ
Ĺ—ĹŠ .2ĹŠ"( +.2ĹŠ1.).2ĹŠ Ĺ—ĹŠ +"#1¢-ĹŠ2/.13ĹŠ Ĺ—ĹŠÄˆÄ‡ĹŠ"#ĹŠ %.23.ĹŠ Ĺ—ĹŠ ,(%.2ĹŠ"#ĹŠ -ĹŠ 1+.2ĹŠ Ĺ—ĹŠ 2.ēŊĉĎŊ"#ĹŠ 4+(.ĹŠ Ĺ—ĹŠ ĹŠ! +"#1¢-ĹŠ Ĺ—ĹŠ 24- ,(ĹŠ Ĺ—ĹŠ +,#(1 ĹŠ
ĉŊ ĉŊ ĉŊ ĉŊ
ĉŊ ĉŊ ĉŊ ĉŊ
ÄˆĹŠ ÄˆĹŠ ÄˆĹŠ ćŊ
ÄˆĹŠ ÄˆĹŠ ÄˆĹŠ ćŊ
JikdWc_" '& Z[ 7]eije f[hZ_Œ feh bW c‡d_cW Z_\[h[dY_W Z[ &#' Wdj[ Bei Z_WXbei he`ei" [d jWdje gk[ >ƒhe[i Z[b 9[d[fW \k[ Z[# hhejWZe &#( Wdj[ BW h[lWdY^W$
ćŊ ćŊ ÄˆĹŠ ĉŊ
ćŊ ÄˆĹŠ ÄˆĹŠ ÄˆĹŠ
ÄˆĹŠ ÄˆĹŠ ćŊ ćŊ
ÄˆĹŠ ćŊ ćŊ ÄˆĹŠ
ÄŒĹŠ ÄŒĹŠ ÄŠĹŠ ćŊ
ÄŒĹŠ ÄŠĹŠ ÄŠĹŠ ÄˆĹŠ
Ď ć Ĺĉ ĹĊ
Ĉ Ĉ ÄŠĹŠ ĹĎ
Ĉ ĉ Ĉ ÄąÄŒ
Wc_]ei Z[ IWd 9Whbei li Bei Z_WXbei he`ei '(0)& " Z[ifkƒi i[ c[Z_h|d JikdWc_ li FWbc[_hW ')0)& " [d [b YkWhje [dYk[djhe `k]Wh|d >ƒhe[i Z[b 9[d[fW li 9Wbb[ . '*0)& " bk[]e be ^Wh|d 7ie$ (+ Z[ @kb_e li BW YWbZ[hÂŒd 13(".2 ;b f_jWb ( o BW h[lWdY^W i[ [d# '+0)& " o [b fWhj_Ze Ă’ dWb be Z_i# \h[djWh|d [d [b fh_c[h Yej[`e" fkjWh|d 9WbZ[hÂŒd ifehj li '& [di[]k_ZW bei Yed`kdjei Bei Z[ 7]eije ',0)& $
ĹŠÄ› Bk[]e Z[ bW fhe]hWcW# Y_ÂŒd Z[ fWhj_Zei Z_\[h_Zei Wo[h" bW `ehdWZW Yedj_d‘W ^eo$ 7 fWh# j_h Z[ bWi &/0&& i[ `k]Wh|d bei fWhj_Zei Z[ bW gk_djW \[Y^W Z[b ? 9Wcf[edWje 7X_[hje Z[ <kbX_je" feh bW YefW >[dho Ceh|d$ Bei [dYWh]WZei Z[ WXh_h [b j[bÂŒd Z[ bW `ehdWZW i[h|d bei Yed`kdjei 7`Wn li BWi |]k_bWi" [b i[]kdZe [dYk[djhe fhejW]e# d_pWh|d HWifW ebbW li 9[bWoW '&0&& " bk[]e iWbjWh|d W bW YWd# Y^W bei h[fh[i[djWj_lei Z[ H_l[h F_Y^_b_d]k[ li IjWhbWo ''0&& " Yedj_dkWh|d IWd @WY_dje li ;b cedjW‹ƒi '(0&& " IWd Bk_i @h$ li 7`Wn ')0&& " ?dZ[f[dZ_[dj[ li =h[c_e '*0&& " Bei fhef_ei li JeoejW '+0&& " [d [b f[d‘bj_# ce Yej[`e i[ c[Z_h|d FbWdjWXWb li EdZW `kl[d_b o Ă’ dWbc[dj[ i[ [d\h[djWh|d FWb[hce li FWd Yed YebW '-0&& $
#24+3 ".2ĹŠ -3#1(.1#2 9ece Wdj[Y[Z[dj[ Z[ bW fhe]hW# cWY_ÂŒd Z[ ^eo" [ij|d bei fWhj_# Zei gk[ i[ `k]Whed [b Zec_d]e Wdj[h_eh0 9[bWoW l[dY_ÂŒ (#& W IWd Bk_i @h$" H_l[h F_Y^_b_d]k[ i[ _cfkie feh bW c‡d_cW Z_\[# h[dY_W W BWi cehWi" 7`Wn [cfWjÂŒ '#' Yed :[fehj_le Gk[l[Ze" 8k[# dei Wc_]ei YWoÂŒ feh ]eb[WZW '#* Wdj[ BWi |]k_bWi" c_[djhWi gk[ :[fehj_le Gk[l[Ze ]eb[ÂŒ )#& W 7ZWbX[hje Ck‹ep$ C|i jWhZ[" [b [b[dYe Z[ H[#
ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ? Ĺ? ƒ
(#13.ĹŠ"#ĹŠ$4+ (3.
+ ĹŠ"#ĹŠ/.2(!(.-#2
04(/.2ĹŠ
ĹŠ
Ĺ—ĹŠ #/4#23.2ĹŠ #-~-ĹŠ ÄŒĹŠ ÄŒĹŠ Ĺ—ĹŠ 2/ ĹŠ.++ ĹŠ ÄŠĹŠ Ĺ—ĹŠ #+ 8 ĹŠ Ĺ—ĹŠ -"#/#-"(#-3#ĹŠ ÄŒĹŠ ÄŒĹŠ Ĺ—ĹŠ .8.3 ĹŠ ÄŒĹŠ Ĺ—ĹŠ + -3 +ĹŠ ÄŠĹŠ Ĺ—ĹŠ -" ĹŠ)45#-(+ĹŠ ÄŒĹŠ Ĺ—ĹŠ -ĹŠ !(-3.ĹŠ ÄŒĹŠ Ĺ—ĹŠ -ĹŠ!.-ĹŠ!.+ ĹŠ #/ēŊ 4#5#".ĹŠ ÄŒĹŠ Ĺ—ĹŠ ÄŒĹŠ Ĺ—ĹŠ 1#,(.ĹŠ
2ĹŠ;%4(+ 2ĹŠ ÄˆĹŠ Ĺ—ĹŠ ĉŊ Ĺ—ĹŠ 3 1+ 8ĹŠ Ĺ—ĹŠ " + #13.ĹŠ 4 .9ĹŠ ÄŒĹŠ ĉŊ Ĺ—ĹŠ +ĹŠ,.-3  _2ĹŠ +#1,.ĹŠ ÄŒĹŠ Ĺ—ĹŠ ÄŒĹŠ Ĺ—ĹŠ -ĹŠ 4(2ĹŠ 1ēŊ (5#1ĹŠ (!'(+(-%4#ĹŠ ÄŠĹŠ Ĺ—ĹŠ ÄŠĹŠ Ĺ—ĹŠ ĹŠ,.1 2ĹŠ ÄˆĹŠ Ĺ—ĹŠ ) 7ĹŠ ĉŊ Ĺ—ĹŠ 4#-3#ĹŠ241ĹŠ
.2ĹŠ/1./(.2ĹŠ ÄŠĹŠ Ĺ—ĹŠ ÄˆĹŠ Ĺ—ĹŠ 4#-ĹŠ ,(%.ĹŠ
ĹŠ
ÄˆÄ‰ĹŠ ÄˆÄ‡ĹŠ Ä?ĹŠ Ä?ĹŠ Ä?ĹŠ Ä?ĹŠ Ä?ĹŠ Ä?ĹŠ Ä?ĹŠ ÄŽĹŠ ÄŒĹŠ ÄŠĹŠ ÄŠĹŠ ÄŠĹŠ ÄŠĹŠ ÄŠĹŠ ÄŠĹŠ ÄŠĹŠ ĉŊ ÄˆĹŠ ÄˆĹŠ ÄˆĹŠ ćŊ
ÄŽ Ä’ ÄŽ ÄŒ ĉ Ĉ ć ć ĹĊ ĉ ĹĊ ÄŠ Ĉ Ĺĉ Ĺĉ ĹĊ ÄąÄ? Ĺĉ ÄąÄˆ ć Ĺĉ ÄąÄ? ĹĊ
fk[ijei B[d‡d Z[hhejŒ (#' W Je# oejW" ?dZ[f[dZ_[dj[ _]kWbŒ W ' jWdje Yed BWi cehWi" HWifW ebbW ]WdŒ )#( W IjWhbWo" FbWdjWXWb o Fk[dj[ ikh de i[ ^_Y_[hed ZW‹e Wb [cfWjWh &#&" IWd @WY_dje l[d# Y_Œ (#& W H_l[h F_Y^_b_d]k[" FW# b[hce f[hZ_Œ &#( Wdj[ EdZW `k# l[d_b" o feh [b c_ice cWhYWZeh [b Yed`kdje Z[ FWd Yed YebW \k[ ikf[hWZe feh =h[c_e$
4 ĹŠÄŒÄ‡ĹŠ#23;ĹŠ#-ĹŠ 2#%4-" ĹŠ$ 2# ŊěŊ>eo i[ `k[]Wd bei fh_# c[hei fWhj_Zei Z[ bW ?? [jWfW Z[b N?? 9Wcf[edWje Z[ ?dZeh <‘jXeb IkX *&" YkoW i[Z[ [i bW YWdY^W Z[ @eiƒ FbWpW" [d ;b :[igk_j[$ Bei [gk_fei [ij|d Z_l_Z_Zei [d ) ]hkfei" [d [b '[h XWdZe b_# Z[hW 7h][dj_dW Yed ( fkdjei" be [iYebjWd Bei YWijhei" '- Z[ cWhpe o <bkc_d[di[1 [d [b ]hkfe 8 bei HWd][hÉi" gk[ WYkckbW ' fkdjei" BW 9Wf_hW" HWoei N o BWi |]k_bWi1 c_[djhWi gk[ [d [b ]hkfe 9 [ij|d IWdjW H_jW" 8Wo[hd Ckd_Y^" FbW# pW ifeh o BW HecW$ ;d bW jWXbW Z[ ]eb[WZeh[i [b
#%4-" ĹŠ#3 /
1(,#1 ĹŠ$#!'
Ĺ—ĹŠÄˆÄˆÄ–ÄŠÄ‡ĹŠ 1%#-3(- ĹŠ ĹŠ 52ĹŠ .2ĹŠ! 231.2 Ĺ—ĹŠÄˆÄ‰Ä–ÄŠÄ‡ĹŠ 8.2ĹŠ ĹŠ ĹŠ 52ĹŠ:%4(+ 2 Ĺ—ĹŠÄˆÄŠÄ–ÄŠÄ‡ĹŠ 8#1-ĹŠ 4-(!'ĹŠ 52ĹŠĹŠ -3 ĹŠ (3 Ĺ—ĹŠÄˆÄŒÄ–ÄŠÄ‡ĹŠ +4,(-#-2#ĹŠĹŠ 52ĹŠÄˆÄ?ĹŠ"#ĹŠ, 19. Ĺ—ĹŠÄˆÄŽÄ–ÄŠÄ‡ĹŠ -%#1ÄŚ2ĹŠ ĹŠ 52ĹŠ ĹŠ /(1 Ĺ—ĹŠÄˆÄ?ĖĊćŊ + 9 ĹŠ2/.13ĹŠ 52ĹŠ ĹŠ ., IWdjW H_jW [ij| Wb cWdZe Yed <_eZeh C[h[be o @kb_e CWY‡Wi" gk[ WYkckbWd (' o '- ]eb[i" h[i# f[Yj_lWc[dj[$
#/1#2#-3 1;-ĹŠ (-3#1! -3.- + ŊěŊ .ĹŠ2¢+.ĹŠ "4#Äą  1.-ĹŠ"#+ĹŠ! ,/#.- 3.ĹŠ24 ĹŠ ÄˆÄ‰Ä”ĹŠ2(-.ĹŠ3 , (_-ĹŠ"#+ĹŠ% + 1Äą "¢-ĹŠ"#ĹŠ%.+# ".1ĹŠ!.-ĹŠ #--8ĹŠ #9 2ŊĸÄ?ĹŠ3 -3.2ĚēŊĥ -(" "ĹŠ ./4+ 1ĢĔŊ"(1(%(".ĹŠ/.1ĹŠ + (.ĹŠ #% ĔŊ!.-ĹŠ#+ĹŠ /.8.ĹŠ"#ĹŠ #--8ĹŠ %4(+ 1ĔŊŊ8ĹŠ 1 -!(2!.ĹŠ .,#1.ĔŊ !..1"(- ".1ĹŠ"#ĹŠ"#/.13#2Ä“
ÄŠ
ēŊ .-#-Ŋ3.".Ŋ2~Ŋ"41 -3#Ŋ+.2Ŋ#-!4#-31.2Ŋ/1.%1 , ".2ē
Ĺ? Ĺ?
Ĺ?
Ä Ä€
Ĺ?Ĺ? ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ? Ĺ? ƒ
#+#!!(.- -".ĹŠ !Äą !#2.1(.2ĹŠ"#ĹŠ!.!(- ĹŠ !.,/+#,#-3 1(.2ĔŊ !.,.ĹŠ+.2ĹŠ !#-3.2ĹŠ "#!.1 3(5.2Ä“ BW YbWl[ fWhW ^WY[h bei WYY[ie# h_ei Z[ dk[ijhW YeY_dW jhWXW`[d fWhW deiejhei o de [d YedjhW dk[ijhW [ijWh| [d bW Z[Y_i_ÂŒd Z[ bW YWdj_ZWZ o [b j[cW ][d[hWb Z[b [ifWY_e$ 9edeY[h dk[ijhe [ij_be Z[ Z[YehWY_ÂŒd dei WokZWh| W i[# b[YY_edWh [b j_fe [if[Y‡ÒYe Z[ WY# Y[ieh_ei gk[ Z[X[cei YebeYWh [d bei ceijhWZeh[i o bWi fWh[Z[i$ 9edikbjWh h[Yehj[i Z[ h[l_i# jWi fk[Z[ WokZWhdei W Z[Y_Z_h$ De b_c_jWhi[ W be Yec‘d1 Z[Z_YWh j_[cfe W i[h Yh[Wj_le$ 7b]kdei Z[ bei Z_i[‹ei Z[ YeY_dW c|i iWj_i\WYjeh_ei ied W l[Y[i bei c|i _diÂŒb_jei ,/#9 1ĹŠ!.-ĹŠ4-ĹŠ+(#-9.ĹŠ#-ĹŠ + -!.
FWhW [cf[pWh" Z[if[`Wh bei cei# jhWZeh[i" bWi fWh[Z[i o bW d[l[hW" Z[`WdZe kd [ifWY_e l_ikWbc[dj[ b_cf_e$ L_l_h kd fWh Z[ Z‡Wi [d kdW YeY_dW Z[idkZW dei fk[Z[ WokZWh W ZWhdei Yk[djW Z[ Yk|# b[i ied dk[ijhei ^|X_jei Z[ l_ZW o gkƒ [ifWY_ei kj_b_pWcei Yed cWoeh \h[Yk[dY_W$ ;ije dei Wok#
Ĺ? Ĺ?Ĺ?Ä Ä€ÄĄÄˆ
#$.1, 1ĹŠ+ ĹŠ!.!(-
ZWh| W l[h bWi YeiWi Yed YbWh_ZWZ W bW ^ehW Z[ lebl[h W YebeYWh bei WYY[ieh_ei$ BW c[iW Z[ i[b[YY_ÂŒd" fhe# XWXb[c[dj[ j[d[cei kdW _Z[W Z[b j_fe Z[ WYY[ieh_ei WYehZ[i W dk[ijhe [ij_be$ Fed[h jeZei iki WYY[ieh_ei `kdjei ieXh[ kdW c[iW i_ ied c|i ]hWdZ[i gk[ bW c[iW" XWijW Yed YebeYWhbei [d [b c_ice |h[W $ 9bWi_Ă’YWhbei feh Yebeh" jWcW‹e e [ij_be$ ;ije dei ZWh| kdW l_i_ÂŒd ][d[hWb Z[ bWi efY_ed[i gk[ j[d[cei o dei f[hc_j_h| l[h YÂŒce YecX_dWd [d Yed`kdje$ JWcX_ƒd dei fk[# Z[ ZWh kdW _Z[W Z[ be gk[ jeZWl‡W d[Y[i_jWcei YecfhWh$ Fed[h jeZe `kdje" kdW l[p gk[ ^[cei l_l_Ze [d dk[ijhW YeY_dW i_d WYY[ieh_ei ZkhWdj[ kdei Z‡Wi" dei ZWh[cei Yk[djW Z[ YWZW YeiW gk[ i[ W‹WZW [d bWi fWh[Z[i" cei# jhWZeh[i o ik[be$ ;cf[pWh fh_# c[he feh bWi f_[pWi c|i ]hWdZ[i$ :[ifkƒi Z[ YebeYWh kd WYY[ieh_e" ZWh kd fWie Wjh|i o c_hWh$ ;i fe# i_Xb[ gk[ dei Yedl[d]W iWb_h Z[ bW ^WX_jWY_ÂŒd o lebl[h W [djhWh fWhW l[h dk[ijhW h[WYY_ÂŒd _d_Y_Wb$ Âľ9ÂŒce dei i[dj_cei5 Âľ;ij| W bW WbjkhW WZ[YkWZW5 ÂľC[ ceb[ijWh| YkWdZe YeY_d[5 ÂľGkƒ jWb YecX_# dW [b Yebeh5 I_ de [ijWcei iWj_i\[# Y^ei" cel[h [b eX`[je W ejhe bk]Wh$ >WY[h [ije kdW o ejhW l[p ^WijW gk[ [dYedjhWh [b bk]Wh WZ[YkWZe fWhW ƒb e X_[d Z[Y_Z_h de _dYbk_h# be [d dk[ijhW YeY_dW$ H[f[j_h [ij[
ēŊ # #Ŋ2#1Ŋ4-Ŋ+4% 1Ŋ !.%#".1Ŋ8Ŋ2. 1(¢ĔŊ04#Ŋ(-5(3#Ŋ Ŋ/#1, -#!#1Ŋ8Ŋ' !#1Ŋ+ 2Ŋ!.2 2Ŋ '~ē
9kWdZe ^WoWcei j[hc_dWZe fheY[ie fWhW YWZW [b[c[dje Z[ Z[ YebeYWh bei WYY[ieh_ei dei ieh# cWoeh W c[deh$ fh[dZ[cei Z[ be ckY^e gk[ dei ]kijW jhWXW`Wh [d dk[ijhW YeY_dW$ .ĹŠ#7!#"#12# Kde Z[ bei cWoeh[i [hheh[i Z[ bW I[ Yedl[hj_h| [d kd bk]Wh [if[# ][dj[ [i fed[h Z[cWi_WZei WYY[# Y_Wb" WYe][Zeh o Z[ Z_i\hkj[$ ieh_ei$ C|i de i_[cfh[ [i c[`eh$ ;cf[pWh Yed ceZ[hWY_ÂŒd [ _h .+4!(.-#2ĹŠ1;/(" 2ĹŠ"#ĹŠ!.!(- W‹WZ_[dZe YeiWi Yed Yk_ZWZe" [i# '$ 7 bW iecXhW0 FWhW j[d[h kd [b[# jWdZe fh[fWhWZe fWhW Z[j[d[hi[ c[dje Z[YehWj_le Z[ Yebeh[i fWhW [d YkWbgk_[h cec[dje$ De Z[X[# bWi l[djWdWi" f_djWh kd [ijeh Z[ cei _dj[djWh _dYbk_h [d bW YeY_dW cWZ[hW eiYkhe Z[ kd jede YbWhe$ e YkWbgk_[h ejhW ^WX_jWY_ÂŒd fWhW FWhW gk[ j[d]W kd Wif[Yje [dl[# [b YWie jeZWi bWi efY_ed[i Z[ WY# `[Y_Ze" kj_b_pWh kd Y[f_bbe i[c_i[# Y[ieh_ei gk[ j[d[cei ieXh[ bW Ye o Wfb_YWh bW f_djkhW Wb WpWh$ c[iW Z[ i[b[YY_ÂŒd$ ($ ;dl[`[Y[h Yed ]hWY_W0 I_ WZ#
c_hWcei [b YWh|Yj[h gk[ WfWh[Y[ Yed bW [ZWZ" feZ[cei Yh[Wh kdW _bki_Œd Z[ Wdj_]ke Yed f_djkhW$ :WdZe W bWi fWh[Z[i kdW YWfW Z[ WcWh_bbe _dj[die" o bk[]e kd Yebeh WcWh_bbe c|i fhe\kdZe" kd jede c[beYejŒd o j[hhWYejW [d bei XehZ[i$ 9WZW Yebeh i[ c[pYbW fWiWdZe kd fW‹e Yed b‡gk_Ze fWhW Yh_ijW# b[i [djh[ bWi YWfWi fWhW be]hWh kd [\[Yje [dl[`[Y_Ze$ )$ <WXh_YWdj[i Z[ ck[Xb[i0 :Wh kd YWcX_e W bei WhcWh_ei l_[`ei Yed lWh_Wi YWfWi Z[ f_djk# hW Wfb_YWZWi Yed kd f_dY[b i[Ye$
2ĹŠ,.04#3 2ĹŠ/ 1 ĹŠ24#+.ĹŠ
ēŊ .8Ŋ+ 2Ŋ.$1#!#-Ŋ#-Ŋ"(23(-3.2Ŋ!.+.1#2Ŋ8Ŋ3#7341 2ē
Feh i_ de be iWX‡Wi" bW cegk[jW [i kdW fWbWXhW kiWZW fWhW ^W# XbWh Z[ bWi Wb\ecXhWi" Wb]e gk[ [i XWijWdj[ kj_b_pWZe fWhW YkXh_h dk[ijhei f_iei$ BWi cegk[jWi ZWd kdW i[diWY_Œd Z[ ikWl_ZWZ o YWbeh YkWdZe YWc_dWcei" WZ[# c|i Z[ i_b[dY_e$ BWi cegk[jWi fWhW ik[bei i[ fk[Z[d kiWh [d YkWbgk_[h j_fe Z[ ^WX_jWY_Œd" f[he jeZe Z[f[dZ[# h| Z[ gkƒ j_fe ki[i$ 7b]kdWi ied
EF#).)/
c|i lkbd[hWXb[i gk[ ejhWi W jeZe j_fe Z[ [nfei_Y_ÂŒd Z[ W][dj[i [nj[hdei Yece Z[hhWc[i" beZe" feble" [jY$ I_ j[ fh[eYkfW gkƒ i[diWY_ÂŒd j[dZh| YkWdZe WdZ[i Z[iYWbpe feh [bbW [djedY[i [i ejhe j_fe [b gk[ lWi W d[Y[i_jWh$ >Wo cegk[jWi gk[ ied fWhW |h[Wi Yed ckY^e jh|\_Ye" gk[ h[i_ij[d bWi cWdY^Wi o gk[ ied \|Y_b[i Z[ b_cf_Wh$ ;ijWi ied c[# `eh[i fWhW kiWh [d eĂ’Y_dWi e [d
^WX_jWY_ed[i ZedZ[ i[ YWc_d[ ckY^e" e gk_p|i [d [b Yec[Zeh e YeY_dW$ Ied ^[Y^Wi Z[ feb_fhe# f_b[de" kd cWj[h_Wb WbjWc[dj[ h[i_ij[dj[ gk[ de i[ ZW‹Wh| Yed \WY_b_ZWZ$ ;b ‘d_Ye Wif[Yje d[]W# j_le [i gk[ ^Wo cko feYWi efY_e# d[i [d bei Yebeh[i$ I_ i[ jhWjW Z[ bWi cegk[jWi fWhW kd Zehc_jeh_e" be c[`eh [i gk[ i[W ^[Y^W Z[ Wb]eZŒd fWhW gk[ i[W ikWl[ W bei f_[i$
+)/(*#C$7
/ (.,)Ĺ‹ Ĺ‹ - &/ Ĺ‹& ),šŋ Ä Ä /, (. Ĺ‹ &Ĺ‹ ,# ) ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ? Ĺ? ƒ
ĹŠ ŊěŊ F[i[ W gk[ ^kXe feYW Wi_ij[dY_W" [b IkXY[djhe Z[ IW# bkZ Z[b YWdjÂŒd 8k[dW <[" Xh_dZÂŒ Wj[dY_ÂŒd cƒZ_YW ZkhWdj[ bei Z‡Wi [d gk[ ^kXe [b bWh]e \[h_WZe [d jeZe [b fW‡i$ I[]‘d [b f[hiedWb WZc_d_ijhW# j_le gk[ bWXehW [d Z_Y^W YWiW Z[ iWbkZ" f[i[ W gk[ [n_ij_ÂŒ Wb]e Z[ Wki[dj_ice feh fWhj[ Z[ bW Y_k# ZWZWd‡W" [b `k[l[i ‘bj_ce ^kXe ]hWd WĂ“ k[dY_W Z[ f[hiedWi gk[ bb[]Whed Wb IkXY[djhe fWhW h[Y_# X_h Wj[dY_ÂŒd cƒZ_YW" jWdje ]_d[# YebÂŒ]_YW" eZedjebÂŒ]_YW" lWYkdW# Y_ÂŒd" [djh[ ejhWi$
/ -.)ŋ ŋ &/ ŋ ŋ !/ -ŋ ,v -ŋŋ -* , ŋ . ( #š( ¥ ēŊ +Ŋ 4#23.Ŋ"#Ŋ +4"Ŋ %4 2Ŋ 1~ 2Ŋ-#!#2(3 Ŋ 3#-!(¢-Ŋ41%#-3#Ŋ/.1Ŋ/ 13#Ŋ"#Ŋ+ 2Ŋ 43.1(" "#2ē
2ĹŠ-#!#2(" "#2ĹŠ2.-ĹŠ,4!' 2ĔŊ/#2#ĹŠ ĹŠ #++.2ĹŠ+ 2ĹŠ 43.1(" "#2ĹŠ-.ĹŠ' !#-ĹŠ- " ĹŠ /.1ĹŠ2.+4!(.- 1ĹŠ#+ĹŠ/1. +#, Ä“ ĹŠ ěŊ ;b Fk[ije Z[ IWbkZ 7]kWi <h‡Wi" kX_YWZe [d [b h[# Y_dje W]kWi <h‡Wi" W iebe '- Ac$ Z[b YWdjÂŒd CeYWY^[" Wj_[dZ[ W c|i Z[ )+ fWY_[dj[i Z_Wh_W# c[dj[" f[i[ W de YedjWh Yed bei h[Ykhiei WZ[YkWZei fWhW Xh_dW# ZWh kdW Wj[dY_ÂŒd cƒZ_YW Z[ YW# b_ZWZ o YWb_Z[p W bei fWY_[dj[i$ ;d kdW [djh[l_ijW h[Wb_pWZW Z‡Wi Wjh|i" [b :h$ 8hoWd <hWdYe" [dYWh]WZe Z[b Fk[ije Z[ IWbkZ 7]kWi <h‡Wi" _d\ehcÂŒ gk[ bW cWoeh‡W Z[ YWiei gk[ i[ Wj_[d# Z[d [d [b Fk[ije Z[ IWbkZ" ied feh [d\[hc[ZWZ[i h[if_hWje# h_Wi" W]h[]ÂŒ gk[ [b bk]Wh [ij| ZejWZe Z[ c[Z_Y_dWi fWhW Xh_dZWh kdW Xk[dW Wj[dY_ÂŒd W bei fWY_[dj[i Z[ 7]kWi <h‡Wi" f[i[ W gk[ [n_ij[d ck# Y^Wi d[Y[i_ZWZ[i gk[ Z[X[d i[h Wj[dZ_ZWi feh bWi Wkjeh_# ZWZ[i ckd_Y_fWb[i o feh [b C_d_ij[h_e Z[ IWbkZ$
+3 ĹŠ/#12.- +
;djh[ bWi d[Y[i_ZWZ[i gk[ Wgk[`Wd Z_Wh_Wc[dj[ Wb f[h# iedWb gk[ bWXehW [d [ij[ f[# gk[‹e [ijWXb[Y_c_[dje Z[ iWbkZ" [i bW \WbjW Z[ f[hiedWb cƒZ_Ye o Z[ b_cf_[pW$ ;b bk]Wh jWcX_ƒd YWh[Y[ Z[ W]kW fWhW [b Wi[e o Yk[djW Yed kd j[Y^WZe [d fƒi_cWi YedZ_Y_ed[i" Wi‡ be Z_e W Ye#
deY[h [b ]Wb[de [dYWh]WZe Z[ bW YWiW Z[ iWbkZ$ ;b ]Wb[de ^WY[ kd bbWcW# Ze Wb C_d_ij[h_e Z[ IWbkZ" o Wb WbYWbZ[ Z[ CeYWY^[" B[WdZhe KbbÂŒd" fWhW gk[ iebkY_ed[d bWi d[Y[i_ZWZ[i Wdj[i c[dY_edWZWi gk[ W‘d de ied Wj[dZ_ZWi o gk[ [ij|d W\[YjWdZe Z[ kdW k ejhW cWd[hW Yed bW Wj[dY_ÂŒd W bei fWY_[dj[i$ ;2ĹŠ-#!#2(" "#2
;d [b i[Yjeh de iebe bW YWiW Z[ iWbkZ d[Y[i_jW eXhWi" i_de jWc#
X_ƒd [b h[Y_dje 7]kWi <h‡Wi" Wi‡ be Z_e W YedeY[h L_Y[dj[ Ă›blWh[p" cehWZeh$ Æ;b h[Y_dje YWh[Y[ Z[ Wb]kdei i[hl_Y_ei X|i_Yei Yece0 Wi\Wb# jWZe Z[ bW YWhh[j[hW fh_dY_fWb" fWl_c[djWY_ÂŒd Z[ YWbb[i" W]kW fejWXb[" WbYWdjWh_bbWZe o kd YkWhj[b fWhW [b f[hiedWb Xec# X[h_b gk[ fh[ijW iki i[hl_Y_ei [d Z_Y^W pedWÇ" Z_`e [b cehWZeh$ 7Z[c|i Wb[]ÂŒ gk[ bW YWiW Z[ iWbkZ d[Y[i_jW Wj[dY_ÂŒd kh][dj[ feh fWhj[ Z[ bWi Wkjeh_ZWZ[i Z[ iWbkZ o ckd_Y_fWb" h[iWbjÂŒ gk[ Yed [bbe bei fWY_[dj[i feZh|d h[Y_X_h kdW Wj[dY_ÂŒd Yed YWb_# ZWZ o YWb_Z[p$ ;ie jWcX_ƒd [i fWhj[ Z[b Ăˆ8k[d L_l_hÉ gk[ [ij| Yedj[c# fbWZe [d bW 9edij_jkY_ÂŒd$
¥ ēŊ 23#Ŋ # _Ŋ1#!( (¢Ŋ+ Ŋ 5 !4- Ŋ"#+Ŋ1.3 5(142Ŋ8Ŋ+ Ŋ/#-3 5 +#-3#ē
Feh ik fWhj[ bei fhe\[i_edW# b[i ^WY[d kd bbWcWZe W bW Y_kZW# KdW fhe\[i_edWb _d\ehcŒ gk[ ZWd‡W fWhW gk[ WYkZWd ^WijW [b Z[WYk[hZe W bWi [ijWZ‡ij_YWi" iebe iWdWjeh_e Z[ bW Y_kZWZ" [d YWie [b `k[l[i ‘bj_ce \k[hed lWYkdW# Z[ gk[ d[Y[i_j[d h[Y_X_h Wj[d# Zei *+ d_‹ei$ 7]h[]Œ gk[ _dYbk# Y_Œd cƒZ_YW [d be gk[ h[if[YjW o[dZe bW lWYkdW Z[b d[kceYeYe W ]_d[Yebe]‡W" eZedjebe]‡W" bW# Z_Wh_Wc[dj[ i[ Wj_[dZ[d Wbh[Z[# XehWjeh_e" cWbWh_W" lWYkdWY_Œd" [djh[ ejhei$ Zeh Z[ -& d_‹ei$ 23 "~23(! 2
(ŋ )(0 (#)ŋ* , ŋ& ŋ (., ! ŋ ŋ &#' (.) ŊěŊ:‡Wi Wjh|i [b =eX_[hde
Ckd_Y_fWb Z[b YWdjÂŒd CeYWY^[ o [b ?dij_jkje DWY_edWb Z[b D_‹e o BW <Wc_b_W ?D<7 " Ă’ hcWhed kd Yedl[d_e fWhW bW [djh[]W Z[ Wb_c[djei Yece0 ]Wbb[jWi" b[Y^[ f[Z_Wikh[" oe]khj o XWbWdpWi Z_]_jWb[i" W bei d_‹ei X[d[Ă’ Y_W# Zei Z[b fheo[Yje Æ@kdjei LWcei 7fh[dZ[hÇ BW [djh[]W bW h[Wb_pÂŒ [b Wb# YWbZ[ Z[ CeYWY^[" B[WdZhe KbbÂŒd HeZh‡]k[p" [d ^ehWi Z[ bW cW‹WdW [d bW j[hhWpW Z[b FWbWY_e Ckd_Y_fWb$ >WijW ZedZ[ Wi_ij_[hed bei Z[# b[]WZei feh bWi h[if[Yj_lWi _dij_# jkY_ed[i [ ^_Y_[hed Yed ik Ă’ hcW [\[Yj_le [b Yedl[d_e$
ēŊ +ĹŠ +! +"#ĹŠ8ĹŠ4- ĹŠ1#/1#2#-3 -3#ĹŠ "#+ĹŠ (#2Äą -$ ĹŠÄƒĹŠ1, 1.-ĹŠ#+ĹŠ!.-5#-(.ēŊŊŊ
PONE EN VENTA: Chevrolet Dmax 2005 4x4 doble cabina /diesel (205.000 km recorrido aprox) Chevrolet Dmax 2005 4x4 doble cabina /diesel (180.000 km recorrido aprox) Chevrolet Luv 2004 4x2 cabina/simple + furgĂłn /diesel (165.000 km recorrido aprox) (TODOS PLACAS DEL GUAYAS) Los interesados podrĂĄn hacer llegar su oferta en SOBRE CERRADO hasta el 19 de Noviembre indicando Oferta VehĂculos – AdministraciĂłn, a las oficinas de TROPIFRUTAS S.A. en la parroquia San Camilo Km 2.5 VĂa a Valencia entrando por la vĂa a CaĂąalito. Previa cita, se puede ver los vehĂculos llamando al 05-2 753 644 ext 109. 53982-M.G
Ĺ? Ĺ?
Ĺ?
Ä Ä‚
Ĺ? ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ? Ĺ? ƒ
+Ŋ#5#-3.Ŋ!.-Ĺ %1#%¢Ŋ Ŋ5 1( 2Ŋ (-23(34!(.-#2Ŋ#"4Ĺ ! 3(5 2Ŋ"#+Ŋ! -3¢-Ŋ !.-Ŋ242Ŋ/1.8#!3.2ē
Ĺ? ƒ Ĺ?Ä Ä‚ÄĄÄ†
Ĺ? Ĺ?Ä Ä‚ÄĄÄ†
ŋ (#0 ,-# ŋ !, ,# ŋ),! (#4šŋ ,# ŋ # (.vð
ŊěŊ;b l_[hd[i fWiWZe bWi
_dijWbWY_ed[i Z[ bW Kd_l[hi_ZWZ 7]hWh_W d‘Yb[e L[djWdWi i[ bb[# dWhed Z[ Y_[dY_W Wb Yed]h[]Wh W bei Z_\[h[dj[i fbWdj[b[i [ZkYW# j_lei Z[b YWdjÂŒd [d bW \[h_W Z[ [nfei_Y_ed[i Y_[dj‡ÒYWi$ ;d [ij[ [l[dje gk[ W‹e W W‹e [i h[Wb_pWZe jhWZ_Y_edWbc[dj[ feh bei Z_h[Yj_lei Z[b fbWdj[b Yece kd ^ec[dW`[ W bWi Ă’[ijWi Z[ YWdjed_pWY_ÂŒd Z[ L[djWdWi [ijkZ_Wdj[i Z[ Yeb[]_ei o Z[ bW kd_l[hi_ZWZ [nfki_[hed iki c[`eh[i fheo[Yjei Y_[dj‡ÒYei$ 7i_c_ice _dij_jkY_ed[i Z[ iWbkZ Yece [b ikXY[djhe Y[h# YWde Wb i[Yjeh fWhj_Y_fWhed Z[ [ijW \[h_W [d bW gk[ [nfki_[hed [b j[cW Z[ W]kW i[]khW$ ;d [ij[ i_j_e Z[ [nfei_Y_ed[i be ]Wb[dei [di[‹WXWd W bei ^W# X_jWdj[i gk[ Wi_ij_[hed W [ij[ [l[dje Yece fkh_Ă’YWh [b W]kW gk[ kj_b_pWd Z_Wh_Wc[dj[ [d bW ÂĄ ēŊ -3#-(,(#-3.ĹŠ"#ĹŠ'4#13.2ĹŠ$ ,(+( 1#2ĹŠ8ĹŠ#+ .1 !(¢-ĹŠ"#ĹŠ .-.2ĹŠ$.1, 1.-ĹŠ/ 13#ĹŠ"#ĹŠ+ ĹŠ$#1( Ä“ fh[fWhWY_ÂŒd Z[ Wb_c[djei o fWhW Y_f_[dj[i gk[ Yedj[d‡Wd [b `k]e bei `k]ei Y‡jh_Yei$ kd b_[dY_bbe1 feij[h_ehc[dj[ ejhWi WYj_l_ZWZ[i$ Y‡jh_Ye Z[ bWi \hkjWi$ [ijW [hW c[pYbWZW Yed [b `k]e FWhW [bbe bei Yeb[]_Wb[i kj_# 31.ĹŠ/1.8#!3.ĹŠ .5#".2.ĹŠ Z[ b_cÂŒd$ Fheo[Yjei del[Zeiei Yece [b b_pWhed h[Y_f_[dj[i [d bei gk[ Feh ik fWhj[" bei [ijkZ_Wdj[i Z[b 7Y[hYW Z[ bWi XedZWZ[i fh[i[djWZe feh bei [ijkZ_Wdj[i YebeYWhed `k]e Z[ cWdZWh_dW Yeb[]_e CWdk[b 9ÂŒhZelW =WbWh# Z[ [ij[ fheZkYje bei Yeb[]_W# Z[b Yeb[]_e , Z[ EYjkXh[ [d [b ZedZ[ ikc[h]_[hed [b[YjheZei pW fh[i[djWhed kd [d`kW]k[ Xk# b[i Z[jWbbWhed gk[ i_hl[ fWhW gk[ bei Yeb[]_Wb[i eXjkl_[hed Z[ YeXh[ o p_dY bei YkWb[i [ijW# YWb [bWXehWZe W XWi[ Z[ bW ^e`W YkhWh bbW]Wi [ _d\bWY_ed[i Z[ ]Wh]WdjW Wb i[h kj_b_pWZe iebe [d[h]‡W [bƒYjh_YW W XWi[ Z[b `k]e XWd Yed[YjWZei [djh[ i‡ W kd Z[ l_[dje o b_cÂŒd$ Z[ \hkjWi Y‡jh_YWi Z[ bW pedW$ XecX_bbe e b[Z gk[ [hW [dY[dZ_# FWhW [bWXehWh [ij[ fheZkYje Yece [d`kW]k[$ bei [ijkZ_Wdj[i bWlWhed bW ^e`W Fheo[Yjei Z[ Yh[WY_ÂŒd Z[ Bei [ijkZ_Wdj[i eYjkXh_dei Ze c[Z_Wdj[ kd _dj[hhkfjeh$ eXjkl_[hed ^WijW , lebj_ei Z[ C[Z_Wdj[ kd ckbj‡c[jhe bei Z[ l_[dje Yed W]kW" bk[]e \k[ ^k[hjei o [bWXehWY_ÂŒd Z[ WXe# [d[h]‡W [bƒYjh_YW eXj[d_ZW W `ÂŒl[d[i c[Z‡Wd bW YWdj_ZWZ Z[ fkh_Ă’YWZW Yed l_dW]h[" bk[]e dei eh]|d_Yei kj_b_pWdZe fhe# XWi[ Z[ kdW Yed[n_ÂŒd [djh[ h[# [d[h]‡W gk[ [hW ][d[hWZW feh [ijW [i jh_jkhWZW o Y[hd_ZW [d ZkYjei YWi[hei$
)& !#)Ĺ‹ (. ( -Ĺ‹ & ,šŋ-/-ŋýúŋ ˜)W bei c[`eh[i [ijkZ_Wdj[i" fbW# Y[b[XhÂŒ [d kdW \WijkeiW i[i_ÂŒd YWi W bei fhe\[ieh[i gk[ Ykc# ieb[cd[ iki XeZWi Z[ F[hbW" [i fb‡Wd '&" '+" (&" (+ o )& W‹ei Z[ Z[Y_h" )& W‹ei Z[ Yh[WY_ÂŒd$ bWXeh [ZkYWj_lW [d bWi WkbWi Z[ 7 [ij[ _cfehjWdj[ [l[dje Z_Y^W _dij_jkY_ÂŒd$ Wi_ij_[hed bWi fh_dY_fWb[i Wkje# h_ZWZ[i Z[b YWdjÂŒd [djh[ [bbWi [b -31#% ĹŠ"#ĹŠ1#!.-.!(,(#-3.2 WbYWbZ[" 9Whbei 9Whh_[b" bei Yed# ;djh[]W Z[ _di_]d_Wi W bei WXWd# Y[`Wb[i" [b @[\[ Feb‡j_Ye" [b 9ec_# Z[hWZei Z[b FWX[bbÂŒd DWY_edWb iWh_e DWY_edWb Z[ Feb_Y‡W Z[c|i Wi‡ Yece Z[ c[dY_ed[i Z[ ^e# Wkjeh_ZWZ[i Z[ L[djWdWi$ deh W bei [ijkZ_Wdj[i Z[b fbWdj[b 7i_c_ice" _cfehjWdj[i Ze# gk[ fWhj_Y_fWhed [d bWi Z_\[h[d# Y[dj[i Z[b fbWdj[b o h[_dWi Z[ j[i \[h_Wi Z[ Y_[dY_Wi h[Wb_pWZWi X[bb[pW _dj[]hWhed bW c[iW Z_# ZkhWdj[ [b WYjkWb f[h_eZe b[Yj_# h[Yj_lW Z[ [ijW Y[h[ced_W gk[ le jWcX_ƒd \k[hed fWhj[ Z[ [ij[ i[ h[Wb_pÂŒ [d [b iWbÂŒd WkZ_jeh_e [l[dje$ Z[b fbWdj[b$ ;b 7bYWbZ[ \k[ h[YedeY_Ze BW h[i[‹W ^_ijÂŒh_YW Z[ bW feh bW _dij_jkY_ÂŒd Yed kdW fbW# Yh[WY_ÂŒd Z[b Yeb[]_e" Wi‡ Yece YW feh bW bWXeh Z[i[cf[‹WZW [b fhe]h[ie Z[b c_ice W jhWlƒi [d W \Wleh Z[b c[`ehWc_[dje Z[b Z[ bei W‹ei \k[hed fh[i[djWZei fbWdj[b [ZkYWj_le$ [d kd l_Z[e gk[ c[Z_Wdj[ kd 7i_c_ice jhe\[ei o c[ZWbbWi fheo[Yjeh fkZe i[h Wfh[Y_WZe \k[hed [djh[]WZWi W bei Z[feh# feh bW ckbj_jkZ gk[ i[ Z_e Y_jW W j_ijWi gk[ fWhj_Y_fWhed o i[ Z[i# [ij[ [l[dje$ jWYWhed ZkhWdj[ [b Z[iWhhebbe ĹŠĹŠĹŠĹŠĹŠ 9ece fWhj[ Z[ bW Y[h[ced_W Z[ bWi eb_cf_WZWi _dj[hdWi Z[b i[ [djh[]Whed h[YedeY_c_[djei fbWdj[b [ZkYWj_le$
ēŊ .2Ŋ' (3 -3#2Ŋ!#+# 1 -ē
! ( Ĺ‹ *),ŋð -. -Ĺ‹ Ĺ‹ (. ( ĹŠÄ?ĹŠ ĹŠ .1 ĖŊćĒĖćć 5#-3.Ä–ĹŠ #2(¢-ĹŠ2.+#,-#ĹŠ!.+#%(.ĹŠÄƒ2! +ĹŠÄ?ĹŠ "#ĹŠ !34 1# 1% -(9 Ä–ĹŠ 43.1(" "#2ĹŠ"#+ĹŠ/+ -3#+ 13(!(/ -Ä–ĹŠ -5(3 ".2ĹŠ#2/#!( +#2ĹŠ8ĹŠ 43.Äą 1(" "#2
4% 1Ä–ĹŠ 4"(3.1(.ĹŠ . #13.ĹŠ .+";-ĹŠ 1 .1 Ä–ĹŠÄˆÄ‡Ä–Ä‡Ä‡ĹŠ 5#-3.Ä–ĹŠ '.6ĹŠ 13~23(!.ĹŠ ĹŠ #!(- 1% -(9 Ä–ĹŠ #1.!.,#1!( +ĹŠ 23(++. 13(!(/ -Ä–ĹŠ (4" " -~ ĹŠ#-ĹŠ%#-#1 +
4% 1Ä–ĹŠ +#!¢-ĹŠ"#ĹŠ+ ĹŠ!(4" " .1 Ä–ĹŠÄˆÄ‡Ä–Ä‡Ä‡ 5#-3.Ä–ĹŠ .,/#3#-!( ĹŠ"#ĹŠ .3.!1.22 1% -(9 Ä–ĹŠ .3.!1.22ĹŠ +4 13(!(/ -Ä–ĹŠ #+#% !(.-#2ĹŠ(-5(3 " 2
4% 1Ä–ĹŠ (23 ĹŠ"#31;2ĹŠ"#+ĹŠ .+#%(.ĹŠ #-3 - 2 .1 Ä–ĹŠÄˆÄ‡Ä–Ä‡Ä‡ 5#-3.Ä–ĹŠ .,#- )#ĹŠ ĹŠ/#12.- +(" "#2ĹŠ 1#/1#2#-3 3(5 2ĹŠ"#+ĹŠ! -3¢ 1% -(9 Ä–ĹŠ . (#1-.ĹŠ 4-(!(/ +ĹŠ"#+ĹŠ! -Äą 3¢-ĹŠ #-3 - 2 13(!(/ -Ä–ĹŠ -5(3 ".2ĹŠ#2/#!( +#2ĹŠ
4% 1Ä–ĹŠ +¢-ĹŠ"#ĹŠ#5#-3.2ĹŠ 1(23 + .1 Ä–ĹŠÄˆÄ‡Ä–Ä‡Ä‡ 5#-3.Ä–ĹŠ #2ă+#ĹŠ,.3.1(9 ". 1% -(9 Ä–ĹŠ 43#1.2ĹŠ .3.ĹŠ +4 ĹŠ 13(!(/ -Ä–ĹŠ #+#% !(.-#2ĹŠ(-5(3 " 2
4% 1Ä–ĹŠ 1(-!(/ +#2ĹŠ! ++#2ĹŠ"#ĹŠ+ ĹŠ!(4" " .1 Ä–ĹŠÄˆÄ‡Ä–ÄŠÄ‡ 5#-3.Ä–ĹŠ -!4#-31.ĹŠ"#/.13(5. 1% -(9 Ä–ĹŠ (% ĹŠ"#/.13(5 ĹŠ -3.- + 13(!(/ -Ä–ĹŠ -3 ĹŠ (3 ĹŠ"#ĹŠ (-!#2ĹŠ24 ĹŠÄˆÄ‰ĹŠ 52ēŊ 2!4#+ ĹŠ 1+.2ĹŠ 11(#+
4% 1Ä–ĹŠ 23 "(.ĹŠ ēŊ ēŊ ēŊ Ä“ .1 Ä–ĹŠÄˆÄŠÄ–ÄŽÄŽ 5#-3.Ä–ĹŠ -!4#-31.ĹŠ"#/.13(5. 1% -(9 Ä–ĹŠ (% ĹŠ"#/.13(5 ĹŠ -3.- + 13(!(/ -Ä–ĹŠ -3 ĹŠ (3 ĹŠ"#ĹŠ (-!#2ĹŠ24 ĹŠÄˆÄŒĹŠ 52ēŊ 2!4#+ ĹŠ 1+.2ĹŠ 11(#+
4% 1ĖŊ 23 "(.Ŋ ēŊ ēŊ ēŊ ē
ĹŠÄ› ;b Yeb[]_e L[djWdWi
.1 Ä–ĹŠÄˆÄŒÄ–Ä‡Ä‡ĹŠ 5#-3.Ä–ĹŠ ."#.ĹŠ .-34 (. 1% -(9 Ä–ĹŠ . (#1-.ĹŠ 4-(!(/ +ĹŠ"#+ĹŠ! -Äą 3¢-ĹŠ #-3 - 2 13(!(/ -Ä–ĹŠ #+#% !(.-#2ĹŠ -5(3 " 2
4% 1Ä–ĹŠ 7/+ - " ĹŠ"#+ĹŠ, +#!¢ .1 Ä–ĹŠÄˆÄŒÄ–Ä‡Ä‡ 5#-3.Ä–ĹŠ 4#%.2ĹŠ"#/.13(5.2ĹŠ8ĹŠ1#!1# 3(5.2 1% -(9 Ä–ĹŠ 2.!( !(¢-ĹŠ"#ĹŠ/1.5##".1#2ĹŠ"#ĹŠ - ".ĹŠ (4" "ĹŠ"#ĹŠ #-3 - 2 13(!(/ -Ä–ĹŠ 04(/.2ĹŠ(-5(3 ".2
4% 1Ä–ĹŠ #!3.1ĹŠ , +ĹŠ 4-(!(/ +Ŋĸ! ++#2ĹŠÄ?ĹŠ "#ĹŠ !34 1#ĹŠ8ĹŠ +#!¢-Äš .1 Ä–ĹŠÄˆÄ’Ä–Ä‡Ä‡ 5#-3.Ä–ĹŠ ,/ !3.ĹŠ"#ĹŠ!#+# 1 !(¢-ĹŠ 1(23( - 1% -(9 Ä–ĹŠ %1.75# 13(!(/ -Ä–ĹŠ (4" " -~ ĹŠ#-ĹŠ%#-#1 +
4% 1Ä–ĹŠ 5#-(" ĹŠ #,(- 1(.
ēŊ - Ŋ$ 234.2 Ŋ!#1#,.-( Ŋ$4#Ŋ/1#/ 1 " Ŋ#-Ŋ#+Ŋ2 +¢-Ŋ 4"(3.1(.ŊŊ"#+Ŋ !.+#%(.Ŋ/ 1 Ŋ!#+# 1 1Ŋ3 -Ŋ(,/.13 -3#Ŋ$#!' ē
.1 ĖŊĉćĖćć 5#-3.ĖŊ #2(¢-Ŋ .+#,-# 1% -(9 ĖŊ 2.!( !(¢-Ŋ"#Ŋ - "#1.2Ŋ (4" "Ŋ"#Ŋ #-3 - 2 13(!(/ -ĖŊ -5(3 ".2Ŋ#2/#!( +#2
4% 1ĖŊ +¢-Ŋ"#Ŋ#5#-3.2Ŋ 1(23 +
ũũ ũũ Ė
ũ
.,/1 ĵ5#-3 ũ"#ũ. )#3.2Ĕũ#+#!31.".,_2ı 3(!.2Ĕũ,4# +#2Ĕ#04(/.2ũ"#ũ.ăũ!(- Ĕũ#3!ē
4#23.2Ĕũ./.134-(" "#2ũ"#ũ31 ).ē
ũ } .,/1 ĵ5#-3 ĵ1#-3 ũ"#ũ3#11#-.2Ĕũ ! 2 2Ĕũ"#/ 13 ,#-3.2ũ8ũ.ăũ!(- 2ē
HL<M<;F
;`i\ZZ` e1 8m% Ale\ >lqd}e [\ :fik j -(( p ; Z`dX \jhl`eX Xckfj [\ @g\ijX K\c ]fef1 ).-$',+' & ).-$',+( <$dX`c1 hl\m\[f7cX_fiX%Zfd%\Z
9898?FPF
;`i\ZZ` e1 8m% (' [\ 8^fjkf /*( p <cfp 8c]Xif <[`]`Z`f J_fgg`e^ K_\ Iflj\ K\c ]fef1 ).*-//. <$dX`c1 YXYX_fpf7cX_fiX%Zfd%\Z
āă
ĀĈŏ ŏ ŏ ŏĂĀāĀ
ŏ +. ŏ ŏ
āą
ŏ ĀĈŏ ŏ ŏ ŏĂĀāĀ
ŏ +. ŏ ŏ
ĉ Ċ
ũ ēũ
ēũ 4#5#".ũ 2(%4#ũ2. -".
.2ũ1.)( 94+#2ũ2#ũ/.-#-ũ2#ı %4-".2ũ#-ũ+ ũ3 + ēũ -¢ũ 8#1ũ +ũ 42'4!ũ 4- ē ũěũ 7o[h Yed bW l_Yjeh_W [d
YedZ_Y_ d Z[ l_i_jWdj[ feh ) jWd# jei W (" [b YbkX h_ei[di[ :[fehj_le Gk[l[Ze i_]k[ WfkdjWdZe feh kd Ykfe fWhW [b WiY[die W bW i[h_[ 8 Z[b \ jXeb [YkWjeh_Wde$ O [i gk[ Yece kdW l[hZWZ[# hW ÒdWb i[ l_l_ Wo[h [d [b [ijWZ_e Ûd][b JeX Wi I|dY^[p Z[b YWdj d 9[lWbbei" YkWdZe [b Yed`kdje Z[ Cki^kY HkdW de fkZe ZeXb[]Wh
ēũ .-ũ%1 -ũ#-3#1#9 ũ+.2ũ)4% ".1#2ũ1.).2ũ 42! 1.-ũ#+ũ/ 13(".ē
W kd W]k[hh_Ze Yed`kdje h_ei[di[" gk[ Z[iZ[ bei fh_c[hei c_dkjei \k[ ikf[h_eh$ ;b Yed`kdje Yeef[hWj_l_ijW Yec# fb_Y iki Wif_hWY_ed[i Z[ WiY[dZ[h o bW fh n_cW \[Y^W j[dZh| gk[ Z[# lebl[h bW l_i_jW Wb [ijWZ_e I_[j[ Z[ EYjkXh[ Z[ Gk[l[Ze$ 1(,#1ũ3(#,/.
Bei fh_c[hei '& c_dkjei \k[hed
@K:?9?7B;I ēũũũ ũũũ ē
ũ ũ ũ ũ ũ ũ ũ
ũ } ũıũ ũ ũ ¡
ũ Se pone en conocimiento del público en general el extravío LIBRETA CUENTA AHORRO # 4500211782 perteneciente al Sr. GOYBURO EMIGDIO DARWIN COELLO
ũ ũ
ũ Ë ũ ũ ũ ũ ũ ũ ēı Ėũ ũ ũ ũ Ėũ Ėũ ũ ũ
ũ ũ .ēũĉćĈćıćĉĈď Ėũ ēũ ũ } ũ : ũ ũ
ũ ũ ũ Ėũ ēũ ũ ũ ũ ũ ũ ¡ Ėũ +ũ2# .1ũ 4#9ũ 4/+#-3#Ĕũ -! 1% ".ũ"#+ũ 49% ".ũ 1(,#1.ũ"#ũ .ũ (5(+ũ "#ũ '.8.Ĕũ ,#"( -3#ũ 43.ũ "#ũ ! +($(! !(¢-ũ "#ũ $#!' ũ ĉũ "#ũ #/3(#, 1#ũ "#+ũ ĉćĈćĔũ + 2ũ ĈĐ'ĎĉĔũ !#/3 ũ #+ũ 31;,(3#ũ + ũ "#, -" ũ #-ũ 4(!(.ũ "#ũ -2.+5#-!( ũ 8ũ .-!412.ũ "#ũ !1##".1#2Ĕũ /1./4#23 ũ /.1ũ + ũ 2# .1 ũ ũ ũ ũ Ĕũ #-ũ !.-31 ũ "#+ũ 2# .1ũ .!3.1ũ ũ } ũ : ũ Ĕũ"(2/.-(#-".ũ2#ũ ũ ũ Ĕũ"#ũ+ ũ"#, -" ũ8ũ 43.ũ "#ũ! +($(! !(¢-ũ1#! ~".ũũ#-ũ#++ Ĕũ,#"( -3#ũ4- ũ/4 +(! !(¢-ũ04#ũ"# #1;ũ / 1#!#1ũ#-ũ4-ũ/#1(¢"(!.ũ "#ũ ,/+( ũ!(1!4+ !(¢-ũ"#ũ#23 ũ!(4" "ũ"#ũ '.8.Ĕũ 1.5(-!( ũ"#ũ .2ũ ~.2ē )#3.ũ "#ũ + ũ "#, -" ēıũ ũ !3.1 ũ ,/ 1 " ũ #-ũ +.ũ 04#ũ "(2/.-#ũ #+ũ 13ēũ ĎĈĒĔũ -4,#1 +ũ Ĉėũ 8Ĕũ 13ēũ ČĈĊũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ "#, -" ũ #-ũ )4(!(.ũ "#ũ -2.+5#-!( ũ +ũ 2# .1ũ .!3.1ũ ũ } ũ : ũ Ĕũ / 1 ũ +.ũ !4 +ũ .1"#- Ėũ ũ + ũ $.1, !(¢-ũ "#ũ .-!412.ũ "#ũ !1##".1#2ũ "#+ũ #)#!43 ".Ĕũ + ũ .!4/ !(¢-ũ 8ũ "#/¢2(3.2ũ "#ũ 242ũ (#-#2Ĕũ +( 1.2Ĕũ !.11#2/.-"#-!( 2ũ 8ũ ".!4,#-3.2Ĕũ /1#2#-3#ũ + -!#2ũ "#ũ 242ũ (#-#2ũ !.-ũ #7/1#2(¢-ũ "#ũ !3(5.ũ 8ũ / 2(5.Ĕũ 04#ũ 2#ũ /4 +(04#ũ#23 ũ Ĕũ/.1ũ4-.ũ"#ũ+.2ũ/#1(¢"(!.2ũ"#ũ ,/+( ũ!(1!4+ !(¢-ũ#-ũ#23 ũ!(4" "ũ "#ũ '.8.ēı 4#ũ 2#ũ ' % ũ !.-.!#1ũ ũ + 2ũ 43.1(" "#2ũ +.! +#2ũ 8ũ - !(.- +#2ũ "#+ũ #23 ".ũ "#ũ (-2.+5#-!( ũ "#+ũ "#, -" ".ũ .!3.1ũ ũ } ũ : ũ Ĕũ+ ũ !4,4+ !(¢-ũ"#ũ/+#(3.2ũ2#%4(ı ".2ũ !.-31 ũ #+ũ "#4".1ēıũ ũ (-3#15#-!(¢-ũ "#+ũ ~-"(!.ũ "#ũ 4(# 1 ũ %ēũ 1 -!(2!.ũ 2!.-!#++.2ũ (#3.ēıũ
ũ!4 -3~ ũ"#ũ+ ũ! 42 ũ#2ũ"#ũ ũ ũ Ĕũ ũ ¡ ũ ēı 13(!4+ 1ũ04#ũ!.,4-(!.ũ ũ423#"ēĔũ/ 1 ũ+.2ũ$(-#2ũ"#ũ #8ēı '.8.Ĕũ ũĈČũ"#ũ2#/3(#, 1#ũ"#+ũĉćĈćē .2 ũ ēũ 1 2ũ 1.- #!1#3 1( ũ 49% ".ũ 1(,#1. #ũ+.ũ (5(+ũ .2ũ ~.2
Se pone en conocimiento del público en general el extravío LIBRETA CUENTA DE AHORRO # 9900040549 Perteneciente al sr(a): AYON MONTES RONALD DANIEL
ēũĉĒũ ũ
ēũĉĒũ ũ
ũ ũ ũ 53932
ũ ũ
53946
ũ
ũ ũ
Se pone en conocimiento del público en general el extravío DEL CERTIFICADO PLAZO AMIGO # 5170289891 POR EL VALOR DE $75 Perteneciente al sr(a): QUINCHE MATAMOROS EDMUNDO LUIS
Se pone en conocimiento del público en general el extravío LIBRETA DE CUENTA DE AHORRO # 0240117609 Perteneciente al sr(a): MENDOZA LOZANO SOFIA MARGARITA
Se pone en conocimiento del público en general el extravío LIBRETA CUENTA DE AHORRO # O240349060 Perteneciente al sr(a): ROMERO ROMERO BESYP MARISOL
ũ ũ ũ 53966
ũ ũ ũ
53973
Ėũ ũ .ēũĉćĈćıćĉĈď Ėũ ı ũ ũ Ėũ ũ ũ ũ Ėũ ũ ũ } ũ : ũ
Se pone en conocimiento del público en general el extravío LIBRETA DE CUENTA DE AHORRO # 0240235732 perteneciente al Sr. (a) de este aviso CHALUISA CUCHIPARTE ALBERTO
53933
ēũĉĒũ ũ
ēũũũ ũũũ ē
ũ ũ ũ ũ ũ ũ
ũ ũ } ũıũ
ũ
53948
ũ }
ũ ũ ũ Ėũ 4#ũ#-ũ 4(!(.ũ"#ũ -2.+5#-!( ũ"#ũ .-!412.ũ"#ũ !1##".1#2Ĕũ2#%4(".ũ/.1ũ+ ũ 2# .1 ũ ũ ũ ũ Ĕũ #-ũ !.-31 ũ "#+ũ 2# .1ũ .!3.1ũ ũ } ũ : ũ Ĕũ 2#ũ ' ũ "(2/4#23.ũ +.ũ 2(%4(#-3#Ėũ ũ ũ ũ .ēũ ĉćĈćıćĉĈďēũ '.8.Ĕũ)4#5#2ũĉũ"#ũ2#/3(#, 1#ũ"#+ũĉćĈćĔũ+ 2ũĈĐ'Ďĉēũ -ũ5(134"ũ04#ũ+ ũ/ 13#ũ !3.1 ũ' ũ!.,/+#ı 3 ".ũ+ ũ"#, -" ũ"#-31.ũ"#+ũ3_1,(-.ũ!.-!#"(".ēũ -ũ+.ũ/1(-!(/ +Ĕũ+ ũ"#, -" ũ/1#2#-3 " ũ/.1ũ ũ ũ ũ Ĕũ #-ũ !.-31 ũ "#ũ ũ : ũ Ĕũ 2#ũ + ũ ! +($(! ũ "#ũ !+ 1 Ĕũ !.,/+#3 ũ 8ũ /1#!(2 Ĕũ /.1ũ 1#4-(1ũ +.2ũ 1#04(2(3.2ũ !.-3#,/+ ".2ũ #-ũ +.2ũ 132ēũ ďĐũ 8ũ ĈćĈĊũ "#+ũ ¢"(%.ũ"#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ+ ũ!4 +ũ2#ũ+ ũ ",(3#ũ +ũ31;,(3#ũ"#ũ 4(!(.ũ"#ũ -2.+5#-!( Ĕũ#-ũ !4 -3.ũ'4 (#1 ũ+4% 1ũ#-ũ"#1#!'.ēıũ -ũ+.ũ/1(-!(/ +ũ"#ũ !4#1".ũ ũ+ ũ".!4,#-3 !(¢-ũ !.,/ " ũ #+ũ !!(.- ".ũ .+%#1ũ $1 ~-ũ ';5#9ũ 4#5 1 Ĕũ-.ũ' ũ/ % ".2ũ+.2ũ5 +.1#2ũ "#4" ".2ũ#-ũ#+ũ)4(!(.ũ #)#!43(5.ũ #1 +ũ 4, 1(.ũ .ēũ ćĈĎćıĉććđĔũ 04#ũ ' ũ 2#%4(".ũ #-ũ 24ũ !.-31 ũ + ũ / 13#ũ !3.1 ēıũ #ũ /1#24,#ũ+ ũ(-2.+5#-!( ũ8ũ#-ũ!.-2#!4#-!( ũ2#ũ"#!+ 1 ũ04#ũ' 8ũ+4% 1ũ +ũ!.-!412.ũ"#ũ !1##".1#2ũ Ĕũ/.1ũ+.ũ04#ũ2#ũ"(2/.-#ĖũĈēıũ ũ$.1, !(¢-ũũ"#ũ .-!412.ũ"#ũ !1##".1#2ũ"#+ũ"#, -" ".ũ .+%#1ũ $1 ~-ũ ';5#9ũ 4#5 1 ė ĉēıũ ũ+ ũ.!4/ !(¢-ũ8ũ"#/.2(3.ũ"#ũ+.2ũ (#-#2Ĕũ+( 1.2ũ!.11#2/.-"#-!( 2ũ8ũ".!4,#-3.2ũ"#ũ 04#+ėũ Ċēıũ ũ+ ũ/1#2#-3 !(¢-ũ#-ũ#+ũ3#1,(-.ũ"#ũ.!'.ũ"~ 2ũ"#+ũ + -!#ũ"#ũ242ũ (#-#2ũũ!.-ũ#7/1#2(¢-ũ"#+ũ !3(5.ũ8ũ/ 2(5.ėũČēıũ ũ/4 +(! !(¢-ũ/.1ũ4-.ũ"#ũ+.2ũ/#1(¢"(!.2ũ"#ũ, 8.1ũ!(1!4+ !(¢-ũ"#ũ+ ũ!(4" "ũ "#ũ '.8.Ĕũ' !(#-".ũ!.-.!#1ũ +ũ/Ì +(!.ũ"#ũ+ ũ(-2.+5#-!( ũ8ũ"#+ũ .-!412.2ũ"#ũ !1##".1#2ũ"#+ũ !!(.- ".ėũ Ďēıũ ũ + ũ (-3#15#-!(¢-ũ "#+ũ (-"(!.ũ "#ũ 4(# 1 ũ "#2(%- ".ũ /.1ũ + ũ .13#ũ 1.5(-!( +ũ "#ũ
423(!( ũ"#ũ .2ũ ~.2Ĕũ ũ04(#-ũ2#ũ+.ũ!(3 1;ũ#-ũ24ũ"#2/ !'.ėũďēıũ ũ+ ũ !4,4+ !(¢-ũ"#ũ/+#(3.2ũ2#%4(".ũ !.-31 ũ#+ũ"#4".1ũ/.1ũ. +(% !(.-#2ũ"#ũ" 1ũ.ũ' !#1ėũĐēıũ +ũ#-)4(!( ,(#-3.ũ/#- +ũ"#+ũ"#, -" ".ũ .+%#1ũ $1 ~-ũ ';5#9ũ 4#5 1 Ĕũ .$(!( -".ũ ũ 4-.ũ "#ũ +.2ũ 2# .1#2ũ %#-3#2ũ (2! +#2ũ "#ũ #23 ũ !(4ı " "ũ / 1 ũ 04#ũ /1.!#" ũ ũ ! +($(! 1ũ + ũ $1 4"4+#-3 ũ (-2.+5#-!( ėũ đēıũ $~!(#2#ũ +ũ .-2#).ũ !(.- +ũ +#!3.1 +ėũĒēıũ 4#ũ2#ũ1#,(3 ũ 3#-3.ũ.$(!(.ũ ũ+ ũ 4/#1(-3#-"#-!( ũ"#ũ -!.2ēıũ .ũ. 23 -3#ũ"#ũ3.".ũ +.ũ -3#1(.1ũ#+ũ"#, -" ".ũ .+%#1ũ $1 ~-ũ ';5#9ũ 4#5 1 Ĕũ(-2.+5#-3#ũ/."1;ũ./.-#12#ũ#-ũ#+ũ3_1ı ,(-.ũ"#ũ31#2ũ"~ 2Ĕũ/ % -".ũ+ ũ"#4" ũ.ũ"(,(3(#-".ũ (#-#2ũ24$(!(#-3#2ũ8ũ-.ũ!.,/1#-"(".2ũ#-ũ+.2ũ -4,#1 +#2ũĉũ8ũĊũ"#+ũ ēũĎĈĒũ"#+ũ ¢"(%.ũ"#ũ 1.!#"(,(#-3.ũ (5(+ēıũ ~3#2#ũ +ũ"#, -" ".ũ .+%#1ũ $1 ~-ũ ';5#9ũ 4#5 1 Ĕũ,#"( -3#ũ31#2ũ/4 +(! !(.-#2ũ04#ũ2#ũ#$#!34 1 -ũ#-ũ4-ũ"( 1(.ũ"#ũ ,/+( ũ !(1!4+ !(¢-ũ"#ũ+ ũ 1.5(-!( ũ"#ũ .2ũ ~.2ũ"#ũ#23 ũ!(4" "Ĕũ 2~ũ!.,.ũ4-ũ"( 1(.ũ"#ũ ,/+( ũ!(1!4+ !(¢-ũ "#ũ+ ũ!(4" "ũ"#ũ , 3.Ĕũ#-ũ1 9¢-ũ04#ũ+ ũ !3.1 ũ ).ũ)41 ,#-3.Ĕũ"#2!.-.!#ũ24ũ !34 +ũ".,(!(+(.ũ .ũ/ 1 "#1.ũ"#+ũ"#, -" ".Ĕũ"#ũ !4#1".ũ ũ+.ũ04#ũ"(2/.-#ũ#+ũ 13ēũđĉũ"#+ũ ¢"(%.ũ"#ũ 1.!#"(,(#-3.ũ (5(+ēıũ _-% 2#ũ#-ũ!4#-3 ũ#+ũ! 2(++#1.ũ)4"(!( +ũ .ũĒũ"#ũ#23 ũ!(4" "ũ/ 1 ũ242ũ-.3($(! !(.-#2Ĕũ 2~ũ !.,.ũ + ũ 43.1(9 !(¢-ũ 04#ũ +#ũ !.-!#"#ũ +ũ 1ēũ .2_ũ 1-#23.ũ 1 ,(++.ũ +"(5(#2.Ĕũ / 1 ũ 04#ũ ũ 24ũ -., 1#ũ /1#2#-3#ũ +.2ũ #2!1(3.ũ 04#ũ 2# -ũ -#!#2 1(.2ũ #-ũ "#$#-2 ũ "#ũ 242ũ (-3#1#2#2ũ "#-31.ũ "#ũ + ũ /1#2#-3#ũ! 42 ēıũ %1_%4#2#ũ ũ+.2ũ 43.2ũ+.2ũ".!4,#-3.2ũ04#ũ !.,/ ēıũ .3($~04#2#ēıũ Ĺēıũ %ēũ 1!.2ũ #%41 ũ .2+(%4 ēũ 4#9ũ 4/+#-3#ũ -! 1% ".ũ"#+ũ 49% ".ũ 1(,#1.ũ "#ũ+.ũ (5(+ũ8ũ #1! -3(+ũ"#ũ .2ũ ~.2ēıũ .ũ04#ũ!.,4-(!.ũ ũ423#"Ĕũ/ 1 ũ+.2ũ$(-#2ũ"#ũ #8ēı '.8.Ĕũ ũĈČũ"#ũ #/3(#, 1#ũ"#+ũĉćĈćē .2 ũ ēũ 1 2ũ 1.- #!1#3 1( ũ 49% ".ũ 1(,#1. #ũ+.ũ (5(+ũ .2ũ ~.2 )+&-#8
ũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ } ũ ũ ũ ũ ũ ũ ũ ēũ ēũ #ũ!.,4-(! ũ +ũ/Ì +(!.ũ04#ũ+ ũ!.,/ ~ ũ"#ũ1#2/.-2 (+(" "ũ+(,(3 " ũ ũ ũ ũ ēũ ēũ #$.1,¢ũ 24ũ #23 ı 343.ũ/.1ũ#2!1(341 ũ/Ì +(! ũ.3.1% " ũ -3#ũ#+ũ .3 1(.ũ 4 13.ũ"#+ũ! -3¢-ũ 4#5#".Ĕũ#+ũĈĎũ"#ũ)4+(.ũ"#ũĉćĈćĔũ$4#ũ /1. " ũ/.1ũ+ ũ 4/#1(-3#-"#-!( ũ "#ũ .,/ ~ 2ũ,#"( -3#ũ #2.+4!(¢-ũ .ēũ ı ı ıĈćıũũ ćũćũćũĐũĉũđũĊũũ#+ũũĉĈũ ũĉćĈćũũ Ĉēıũ ũ ũ ēıũ ũ 1#$.1, ũ #23 343 1( ũ 2#ũ 1#$(#1#ũ ũ +.ũ 2(%4(#-3#Ėũ ġ } ũ Ėũ ũ !.,/ ~ ũ 2#ũ "#"(! 1;ũ ũ + 2ũ !3(5(" "#2ũ!.,/+#,#-3 1( 2ũ#-ũ2#%41(" "ũ8ũ5(%(+ -!( ũ+ ũ 1#23 !(¢-ũ "#ũ 2#15(!(.2ũ "#ũ /1#5#-!(¢-ũ "#+ũ "#+(3.Ĕũ 5(%(+ -!( ũ 8ũ 2#%41(" "ũ ũ $ 5.1ũ "#ũ/#12.- 2ũ- 341 +#2ũ.ũ)41~"(! 2Ĕũ(-23 + !(¢-ũ8ũ (#-#2ėũ"#/¢2(3.Ĕũ!42ı 3."( ũ8ũ31 -2/.13#ũ"#ũ5 +.1#2Ėũ(-5#23(% !(¢-Ĕũ2#%41(" "ũ"#ũ,#"(.2ũ"#ũ 31 -2/.13#ũ/1(5 ".2ũ"#ũ/#12.- 2ũ- 341 +#2ũ.ũ)41~"(! 2ũ8ũ (#-#2ĖũēēēĢũ .1 8 " 4 8 04(+ĔũĉĈũ ũĉćĈć ēũ ~!3.1ũ -!'4-"( ũ + !#2ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũĸ Ĺ
+)/+-#L$H
c|i Z[ c[Z_e YWcfe be gk[ fheleY gk[ i[ Z[d lWh_Wi WYY_e# d[i W]h[i_lWi [d# jh[ bei `k]WZeh[i$
ũ +ũ #/.13(5.ũ 4#5#".ũ3#1,(ı -¢ũ)4% -".ũ!.-ũ Ĉćũ)4% ".1#2ũ8ũ#+ũ 42'4!ũ 4- ũ !.-ũĒē #ũ!4#23(.-¢ũ ,4!'.ũ#+ũ 1 (3ı 1 )#ũ"#+ũ!#-31 +ē
I_d [cXWh]e" Y_dYe c_dkjei c|i jWhZ[" bk[]e Z[ kdW \WbbW Z[ bei Z[\[dieh[i Z[b Cki^kY HkdW" :Whm_d Cefei_jW Wdej bW fh_c[hW Z_WdW Z[b fWhj_Ze YWkiWdZe [b Z[b_h_e [d bei ^_dY^Wi gk[l[Z[ ei gk[ l_W`Whed ^WijW bW fhel_dY_W Z[ 9^_cXehWpe$ :[ Wbb [d WZ[bWdj[" kd [ceY_e# dWdj[ fWhj_Ze Z[ _ZW o lk[bjW fhe# jW]ed_pWhed WcXei [b[dYei$ +ũ#,/ 3# L[_dj[ jh[i c_dkjei Z[ifk i" W bei ). c_dkjei" bk[]e Z[ kdW \WbbW ]WhhW\Wb Z[b fehj[he gk[l[Z[ e 7Zh_|d 8ed[ i[ ][d[h [b [cfWj[ jhWdi_jeh_e$ BW f[bejW _d]h[i feh _dj[hc[Z_e Z[ bWi f_[hdWi Z[ 8ed[ gk_ d de `k] kde Z[ iki c[`eh[i fWhj_Zei$ F[i[ W [bbe" bW _di_ij[dY_W o [b YehW`[ Z[ bei `k]WZeh[i Z[b È Zebe Z[ bW fhel_dY_WÉ ^_Y_[hed gk[ dk[# lWc[dj[ bk[]e Z[ kd Z[iXehZ[ feh _pgk_[hZW Z[ HW b Gk_`_`[" [b XWb d h[XejWhW [d bW [ifWbZW Z[ L_Y[dj[ I|dY^[p o Yed kd feYe Z[ Yecfb_# Y_ZWZ Z[ bei Z[\[dieh[i Yeef[hW# j_l_ijWi i[ cWhYWhW bW j[hY[he Z[b fWhj_Ze o i[]kdZe Z[b :[fehj_le Gk[l[Ze$ :khWdj[ bW Y[b[XhWY_ d" Wc# XWi XWhhWi i[ bWdpWhed f_[# ZhWi$ I[ [cf[pWXWd W YWb[djWh Wi jh_XkdWi$ #%4-".ũ3(#,/. ;d bW [jWfW Z[ Yecfb[c[dje bW j # d_YW gk[ cWhY [b [dYk[djhe \k[# hed bei YedijWdj[i h[YbWcei gk[ h[Y_X_ [b |hX_jhe Y[djhWb ;Z]Wh F_dje feh fWhj[ Z[ WcXei [gk_fei$ ?dYbkie kdW Xej[bbW Z[ fb|ij_Ye bb[dW Z[ W]kW YWo W bW YWdY^W Z[i# Z[ bW XWhhW Yeef[hWj_l_ijW Yk[ij_e# dWdZe iki Z[Y_i_ed[i$ F[he jkl_[hed gk[ fWiWh ,. È fWhW gk[ bk[]e Z[ kd Y[djhe fW# iWZe feh _pgk_[hZW [d [b |h[W gk[# l[Z[ W" [b `k]WZeh beYWb_ijW F[ W# hh_[jW cWhYWhW [b [cfWj[ bk[]e Z[ kdW jh_fb[ \WbbW Z[ bei Z[\[dieh[i0 B[ed[b ÛbcWd" @ei 8[hc Z[p o 7Zh_|d 8ed[$ I[]k_ZWc[dj[ W bei -'É \k[ [nfkbiWZe [b he`_Wpkb L_Y[dj[ I|dY^[p o W bei - È [b :J$ HW b :kWhj[$ :ei c_dkjei Z[ifk i" bk[# ]e Z[ kd YeZWpe gk[ de l_e [b Y[djhWb iWb_ b[i_edWZe CWh# Ye I[]khW [ _d]h[i [d ik bk]Wh <hWdab_d Gk_ d[p$ OW [d bW W]ed W Z[b fWhj_Ze" W bei /& WfWh[Y_ [b cWhYWZeh pkhZe HW b Gk_`_`[ fWhW cWhYWh bW j[hY[hW Z[ j_he b_Xh[" fheleYWdZe bW Wb]WhW# X W [d bei ^_dY^Wi gk[l[Z[ ei gk[ l_W`Whed ^WijW [b YWdj d 9[lWbbei$
-.ĹŠ!.2#!' 1;ĹŠ +.ĹŠ04#ĹŠ2(#, 1 ĹŠĹŠĹŠ
Ĺ? ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€
Ĺ? +. Ĺ? Ĺ? ƒ
Ä Ä†
(.2ĹŠ!(#11 ĹŠ/4#13 2ĹŠ04#ĹŠ-(-%ĂŒ-ĹŠ'., 1#ĹŠ /4#"#ĹŠ 1(1ĹŠ8ĹŠ (.2ĹŠ 1#ĹŠ/4#13 2ĹŠ04#ĹŠ -(-%ĂŒ-ĹŠ'., 1#ĹŠ/4#"#ĹŠ!#11 1ĹŠÄ“ KdW cW‹WdW kdW ck`[h X_[d l[i# j_ZW i[ fWhÂŒ \h[dj[ W kd ^ecXh[ Z[iWcfWhWZe" gk_[d b[djWc[d# j[ b[lWdjÂŒ bW l_ijW$$$ o c_hÂŒ YbW# hWc[dj[ W bW ck`[h gk[ fWh[Y‡W WYeijkcXhWZW W bWi YeiWi Xk[dWi Z[ bW l_ZW$ Ik WXh_]e [hW dk[le$ FWh[Y‡W gk[ dkdYW i[ ^WX‡W f[hZ_Ze Z[ kdW Yec_ZW [d ik l_ZW$ Ik fh_# c[h f[diWc_[dje \k[0 ÆIebe i[ gk_[h[ XkhbWh Z[ c_" Yece jWdjei ejhei be ^WX‡Wd ^[Y^e$$$ ÆFeh <Wleh :ƒ`[c[ [d fWp =hk‹Œ [b ?dZ_][dj[$$$ FWhW ik iehfh[iW" bW ck`[h i_]k_ÂŒ [d\h[dj[ Z[ ƒb$ ;bbW iedh[‡W" iki Z_[dj[i XbWd# Yei ceijhWXWd Z[ij[bbei Z[i# bkcXhWdj[i$ ƾJ_[d[i ^WcXh[5Ç fh[]kdjÂŒ [bbW$ ÆDeÇ" Yedj[ijÂŒ iWhY|ij_YWc[dj[$ Æ7YWXe Z[ bb[# ]Wh Z[ Y[dWh Yed [b fh[i_Z[dj[$$$ 7^ehW l[j[Ç$ BW iedh_iW Z[ bW ck`[h i[ ^_pe W‘d c|i =hWdZ[$ :[ fhedje [b ^ecXh[ i_dj_ÂŒ kdW cWde ikWl[ XW`e [b XhWpe$ ƾGkƒ ^WY[ kij[Z" i[‹ehW5Ç #fh[]kdjÂŒ [b ^ecXh[ [de`WZe$ ÆB[ Z_]e gk[ c[ Z[`[ [d fWpÇ @kije [d [i[ cec[dje kd Feb_Y‡W i[ WY[hYÂŒ$ ƾ>Wo Wb]‘d fheXb[cW" i[‹ehW5Ç #b[ fh[]kdjÂŒ [b eĂ’Y_Wb$ ÆDe ^Wo fheXb[cW Wgk‡" eĂ’Y_Wb" Yedj[ijÂŒ bW ck`[h$ ÆIÂŒbe [ijeo jhWjWdZe Z[ WokZWhb[ fWhW gk[ i[ fed]W Z[ f_[$$$ ÂľC[ WokZWh‡W5 ;b eĂ’Y_Wb i[ hWiYÂŒ bW YWX[pW$ ÆI_" [b L_[`e @kWd" ^W i_Ze kd [ijehXe feh Wgk‡ feh bei ‘bj_cei W‹ei$ ÂľGkƒ gk_[h[ kij[Z Yed ƒb5Ç Fh[# ]kdjÂŒ [b eĂ’Y_Wb$$$ ÆL[ bW YW\[j[h‡W Z[ Wbb‡5Ç #fh[]kdjÂŒ [bbW$ ÆOe leo W ZWhb[ Wb]e Z[ Yec[h o iWYWhbe Z[b \h‡e feh kd hWj_je$Ç ƾ;ij| beYW" i[‹ehW5Ç [b feXh[ Z[iWcfWhWZe i[ h[i_ij_ÂŒ$ ÆOe de gk_[he _h W^‡ ;djedY[i i_dj_ÂŒ Zei \k[hj[i cWdei W]Whh|dZebe Z[ bei XhWpei o be b[lWdjWhed$ Æ:ƒ`Wc[ _h eĂ’Y_Wb" Oe de ^_Y[ dWZW$$$Ç ÆLWcei L_[`e" [ijW [i kdW 8k[# dW efehjkd_ZWZ fWhW j_Ç" [b eĂ’Y_Wb b[ ikikhhe Wb e‡Ze$Ç <_dWbc[dj[" o Yed Y_[hjW Z_Ă’YkbjWZ" bW ck`[h o [b W][dj[ Z[ feb_Y‡W bb[lWhed Wb L_[`e @kWd W bW YW\[j[h‡W o be i[d# jWhed [d kdW c[iW [d kd H_dYÂŒd Z[ bW YW\[j[h‡W$ ;hW YWi_ c[Z_eZ‡W" bW cWoeh‡W Z[ bW ][dj[ oW ^WX‡W WbcehpWZe o [b ]hkfe fWhW bW Yec_ZW W‘d de ^WX‡W bb[]WZe$$$ ;b ][h[dj[ Z[ bW YW\[j[h‡W i[ WY[hYÂŒ o b[i fh[]kd# jÂŒ$ ƾGkƒ [ij| fWiWdZe Wgk‡" eĂ’# Y_Wb5Ç ƾGkƒ [i jeZe [ije5 O [ij[ ^ecXh[ [ij| [d fheXb[cWi5Ç Æ;ijW i[‹ehW be jhW`e Wgk‡ fWhW gk[ YecW Wb]e"Ç h[ifedZ_ÂŒ [b feb_Y‡W$
ÆE^ de" 7gk‡ de Ç [b ][h[dj[ h[ifedZ_ÂŒ W_hWZWc[dj[$ ÆJ[d[h kdW f[hiedW Yece [ij[ Wgk‡ [i cWbe fWhW c_ d[]eY_e ;b L_[# `e @kWd [iXepÂŒ kdW iedh_iW Yed iki feYei Z_[dj[i$ ÆI[‹ehW" i[ be Z_`[$ 7^ehW" i_ lWd W Z[`Whc[ _h5 Oe de gk[h‡W l[d_h Wgk‡ Z[iZ[ kd fh_dY_f_eÇ$ BW ck`[h i[ Z_h_]_ÂŒ Wb ][h[dj[ Z[ bW YW\[j[h‡W o iedh_ÂŒ $$ ÆI[‹eh" Âľ[ij| kij[Z \Wc_b_Wh_pW# Ze Yed >[hd|dZ[p o 7ieY_WZei5 BW Ă’hcW XWdYWh_W gk[ [ij| W Zei YWbb[i5Ç ÆFeh ikfk[ije gk[ bei YedepYeÇ" h[ifedZ_ÂŒ [b WZc_d_i# jhWZeh Yed _cfWY_[dY_W$ Æ;bbei j_[d[d iki h[kd_ed[i i[cWdWb[i [d kdW Z[ c_i iWbWi Z[ XWdgk[j[iÇ$ ƾO i[ ]WdW kdW Xk[dW YWdj_# ZWZ Z[ Z_d[he Yed [b ikc_d_ijhe Z[ Wb_c[djei [d [ijWi h[kd_ed[i i[cWdWb[i5Ç" fh[]kdjÂŒ bW I[# ‹ehW$$$ ƾO [ie gkƒ b[ _cfehjW W kij[Z5 Oe" i[‹eh" ieo F[dƒbef[ >[hd|dZ[p" fh[i_Z[dj[ o Zk[‹W Z[ bW YecfW‹‡W Æ$ ÆE^ F[hZÂŒd :_`e [b ][h[dj[$$$ BW ck`[h iedh_ÂŒ Z[ dk[le$$$ ÆF[diƒ gk[ [ije feZh‡W ^WY[h kdW Z_\[h[dY_W [d ik jhWjeÇ" B[ Z_`e Wb feb_Y‡W" gk[ \k[hj[c[dj[ jhWjWXW Z[ Yedj[d[h kdW YWhYW`W# ZW$ ƾB[ ]kijWh‡W jecWh Yed de# iejhei kdW jWpW Z[ YW\ƒ e jWb l[p kdW Yec_ZW" eĂ’Y_Wb5Ç ÆDe" ]hW# Y_Wi" i[‹ehWÇ" h[fb_YÂŒ [b eĂ’Y_Wb$ Æ;ijeo [d i[hl_Y_eÇ$ Æ;djedY[i" gk_p|" kdW jWpW Z[ YW\ƒ fWhW bb[# lWh5Ç ÆI‡" i[‹ehW$ ;ie [ijWh‡W c[`ehÇ$ ;b ][h[dj[ Z[ bW YW\[j[h‡W ]_hÂŒ ieXh[ iki jWbed[i Yece h[Y_X_[d# Ze kdW ehZ[d$ # ÆLeo W jhW[h [b YW\ƒ fWhW kij[Z Z[ _dc[Z_Wje i[# ‹eh eĂ’Y_Wb Æ ;b eĂ’Y_Wb be l_e Wb[# `Whi[$ O ef_de0Ç9_[hjWc[dj[ be ^W fk[ije [d ik bk]WhÇ" Z_`e$ Æ;iW de \k[ c_ _dj[dY_ÂŒd Æ" Z_`e bW i[‹ehW$$$ Be Yh[W e de" j[d# ]e kdW Xk[dW hWpÂŒd fWhW jeZe [ijeÇ$ I[ i[djÂŒ W bW c[iW \h[dj[ W ik _dl_jWZe W Y[dWh$ ;bbW be c_hÂŒ Ă’`Wc[dj[$$$ Æ@kWd Âľj[ WYk[hZWi Z[ c‡5Ç$ ;b l_[`e @kWd c_he ik hei# jhe" [b heijhe Z[ [bbW" Yed bei e`ei bW]W‹eiei Æ9h[e gk[ i‡ # :_]e" i[ c[ ^WY[ \Wc_b_WhÇ$ ÆC_hW @kWd" gk_p| [ijeo kd feYe c|i ]hWdZ[" f[he c‡hWc[ X_[dÇ" Z_`e bW I[‹e# hW$$$ ÆJWb l[p c[ l[e cWi bb[d_jW W^ehW$$$ f[he YkWdZe jk jhWXW`W# XWi Wgk‡ ^WY[ ckY^ei W‹ei l_d[ Wgk‡ kdW l[p" o feh [iW c_icW fk[hjW" ck[hjW Z[ ^WcXh[ o \h‡eÇ$ 7b]kdWi b|]h_cWi feiWhed ieXh[ iki c[`_bbWi$$$ ƾI[‹ehW5Ç" Z_`e [b EĂ’Y_Wb$ De feZ‡W Yh[[h be gk[ [ijWXW fh[i[dY_WdZe" d_ i_gk_[hW f[d#
ēŊ .Ŋ,#).1Ŋ#-Ŋ+ Ŋ5(" Ŋ#2Ŋ2#, 1 1Ŋ5(134"#2Ŋ8Ŋ #-#/+;!(3.2Ŋ/ 1 Ŋ#-Ŋ+.Ŋ/.23#1(.1Ŋ1#!.%#1Ŋ%1 3(34"#2ē
iWh gk[ bW ck`[h feZh‡W bb[]Wh W j[d[h ^WcXh[$ ÆOe WYWXWXW Z[ ]hWZkWhc[ Z[ bW Kd_l[hi_ZWZ [d c_ fk[XbeÇ" bW ck`[h Yec[d# jÂŒ$ ÆOe ^WX‡W bb[]WZe W bW Y_kZWZ [d XkiYW Z[ kd jhWXW`e" f[he de fkZ[ [dYedjhWh dWZW$ 9ed bW lep gk[XhWdjWZW bW ck`[h Yedj_dkW# XW0 F[he YkWdZe c[ gk[ZWXWd c_i ‘bj_cei Y[djWlei o c[ ^W# X‡Wd Yehh_Ze Z[ c_ WfWhjWc[d# je$ 9Wc_dWXW feh bWi YWbb[i" o [hW [d \[Xh[he o ^WY‡W \h‡e o YWi_ ck[hjW Z[ ^WcXh[" l_ [ij[ bk# ]Wh o [djhƒ Yed kdW feYW fei_# X_b_ZWZ Z[ gk[ feZh‡W Yedi[]k_h Wb]e Z[ Yec[h$ Æ9ed b|]h_cWi [d iki e`ei bW ck`[h i_]k_ÂŒ fbWj_YWdZe$$$ @kWd c[ h[Y_X_ÂŒ Yed kdW iedh_iW$ Æ7^ehW c[ WYk[hZeÇ" Z_`e @kWd$ ÆOe [ijWXW Z[jh|i Z[b ceijhW# Zeh Z[ i[hl_Y_e$ I[ WY[hYÂŒ o c[ fh[]kdjÂŒ i_ feZh‡W jhWXW`Wh feh Wb]e Z[ Yec[hÇ$ ÆC[ Z_`_ij[ gk[ [ijWXW [d YedjhW Z[ bW feb‡j_YW Z[ bW [cfh[iWÇ$ 9edj_dkÂŒ bW ck# `[h$$$ #;djedY[i" j‘ c[ ^_Y_ij[ [b i|dZkY^[ Z[ YWhd[ c|i ]hWdZ[ gk[ ^WX‡W l_ije dkdYW$$$ c[ Z_i# j[ kdW jWpW Z[ YW\ƒ" o c[ \k_ W kd h_dYÂŒd W Z_i\hkjWh Z[ c_ Yec_ZW$ J[d‡W c_[Ze Z[ gk[ j[ c[j_[hWi [d fheXb[cWi$ Bk[]e" YkWdZe c_hƒ o j[ l_ fed[h [b fh[Y_e Z[ bW Yec_ZW [d bW YW`W h[]_ijhWZehW" ikf[ [djed# Y[i gk[ jeZe _XW W [ijWh X_[dÇ$ Æ7i‡ gk[ kij[Z Yec[dpÂŒ ik fhef_e d[]eY_e5Ç" [b l_[`e @kWd Z_`e$ ÆI‡" [dYedjhƒ kd jhWXW`e [iW c_icW jWhZ[$ JhWXW`ƒ cko Zkhe o c[ \k_ ^WY_W Whh_XW Yed bW WokZW Z[ C_ FWZh[ :_ei$ ;l[djkWbc[dj[ [cf[Yƒ c_ fhef_e d[]eY_e gk[" Yed bW Wok# ZW Z[ :_ei" fheif[hÂŒ$$$Ç ;bbW WXh_ÂŒ ik Xebie o iWYÂŒ kdW jWh`[jW$ Æ9kWdZe j[hc_d[i Wgk‡" gk_[he
gk[ lWoWi W ^WY[h kdW l_i_jW Wb i[‹eh CWhj‡d[p$ xb [i [b Z_h[Yjeh Z[ f[hiedWb Z[ c_ [cfh[iW$ ?hƒ W ^WXbWh Yed ƒb o [ijeo i[]khW Z[ gk[ [dYedjhWh| Wb]e fWhW gk[ fk[ZWi ^WY[h Wb]e [d bW eĂ’Y_dWÇ$ ;bbW iedh_ÂŒ$ Æ9h[e gk[ _dYbkie feZh‡W ZWhj[ kd WZ[bWdje" be ikĂ’# Y_[dj[ fWhW gk[ fk[ZWi YecfhWh
Wb]e Z[ hefW o Yedi[]k_h kd bk]Wh fWhW l_l_h ^WijW gk[ j[ h[Ykf[h[i$ I_ Wb]kdW l[p d[Y[i_jWi Wb]e" c_ fk[hjW [ij| i_[cfh[ WX_[hjW fWhW j_ @kWdÇ$ >kXe b|]h_cWi [d bei e`ei Z[b WdY_Wde$ ƾ9ÂŒce leo W W]hW# Z[Y[h5 " fh[]kdjÂŒ$ ÆDe c[ Z[i bWi ]hWY_WiÇ" h[ifedZ_ÂŒ bW ck`[h$
*/7*5"$*Âť/ " .*4" 3²26*&. SeĂąor nos quitaste lo mĂĄs hermoso y sublime Que tenĂamos en esta vida, sus memorias y recuerdos vivirĂĄn por siempre en nuestros corazones 4V FTQPTB -DEB /BSDJTB &SB[P 7EB %F 7Ă?MJ[ 4VT IJKBT 3PNJOB 7Ă?MJ[ &SB[P /BUBTIB Z 7JWJBOB 7Ă?MJ[ 2VJOUBOB TVT IJKPT QPMĂ“UJDPT Z EFNĂˆT GBNJMJBSFT %F RVJFO FO WJEB GVF FM 4S
BOLIVAR VICENTE VELIZ PACHECO 'BMMFDJEP FM EF OPWJFNCSF EFM
*OWJUBNPT B MB 4BOUB .JTB RVF TF PÜ DJBSB B SFDPSEBS B×PT EF TV QBSUJEB FO MB *HMFTJB 4BO +PT� EF 2VFWFEP FM EÓB MVOFT EF OPWJFNCSF B MBT 1PS MB BTJTUFODJB B FTUF BDUP EF GF DSJTUJBOB TVT EFVEPT RVFEBO FUFSOBNFOUF BHSBEFDJEPT
1"; &/ 46 56.#" 53977-V.R
ŏ ŏ
ŏ
ŏ ŏāćġā
Čć! (-!+ēũ ũćĐũ ũ ũ ũũĉćĈć
.2ũ ~.2
1#2ũ/4-3.2ũ "#ũ.1.
Ċĉũ :
8#1ũ#+ũ!+4 ũ #/.13(5.ũ 4#5#".ũ% -¢ũ/.1ũĊũ ũĉũ#-ũ! +(" "ũ"#ũ5(2(3 -3#ũ +ũ 42'4!ũ 4- ũ"#ũ '(, .1 9.ēũ .2ũ1.)( 94+#2ũ, -3(#-#-ũ+ 2ũ#2/#1 -9 2ũ "#ũ 2!#-"#1ũ ũ+ ũ2#1(#ũĥ Ħũ"#+ũ$Ì3 .+ũ#!4 3.1( -.ēũũũ ũ ũ ũ ;%(- ũ ĈČ
.ũ2#ũ 2(#-3#ũ "(5
1#/ 1 3(5.2ũ/ 1 ũ #-2.ũĉćĈć
+ũ/ 2 ".ũ5(#1-#2ũ2#ũ++#5¢ũ ũ! .ũ4- ũ1#4-(¢-ũ#-ũ+ ũ !(4" "#+ ũ,4-(!(/ +ũ/ 1 ũ"#2(%- 1ũ1#2/.-2 (+(" "#2ũ ũ ! " ũ4- ũ"#ũ+ 2ũ!.,(2(.-#2ũ04#ũũ/ 13(!(/ 1;-ũ#-ũ#+ũ!#-2.ũ /. + !(.- +ũ"#+ũ/1¢7(,.ũĉđũ"#ũ-.5(#, 1#ēũũũ ;%(- ũ ĉ
- ũ .11.) ũ 54#+5#ũ ũ+ ũ#2ı !#- ũ,42(! +ũ8ũ "(!#ũ04#ũ3(#-#ũ +.2ũ/(#2ũ (#-ũ /4#23.2ũ2. 1#ũ + ũ3(#11 ēũũ
;%(- ũ Ĉć
#1( ũ!(#-3~ăũ! ũ#-ũ #-3 - 2ũ
ũ -(5#12(" "ũ %1 1( ũ!.-5.!¢ũ"(23(-3.2ũ /+ -3#+#2ũ#"4! 3(5.2ũ ũ$.1, 1ũ/ 13#ũ"#ũ4- ũ $#1( ũ!(#-3~ăũ! ũ/.1ũ#+ũ -(5#12 1(.ũ"#ũ! -3.-(ı 9 !(¢-ũ"#ũ #-3 - 2ēũũ ũ ũũũũũũũũũũũũũũ ;%(- ũ Ĉĉ