Skip to main content

Edicion impresa Norte del 27 de enero de 2012

Page 1

Ďć! (-!+ēŊ , 41 ĔŊ 1!'(

Äž ĹŠ } Ä?

ŊĉÄ?ĹŠ ĹŠ ĹŠÄ‰Ä‡ÄˆÄ‰

Ĺ?

Ĺ?

+#13 ĹŠ1.) ĹŠ #-ĹŠ .+., (

(#3#ĹŠ 2/(1 -3#ĹŠ ĹŠ+ ĹŠ!.1.- ĹŠ"#ĹŠ 1!404~ĹŠ

;%(- ĹŠĹŠ Ä?

;%(- ĹŠ Ä?

("#-ĹŠ#+ĹŠ/1#!(.ĹŠ)423. ÄŠÄ?ĹŠ1#/1#2#-3 -3#2ĹŠ"#ĹŠÄ‘Ä?ĹŠ/1./(#3 1(.2ĹŠ $#!3 ".2ĹŠ/.1ĹŠ#+ĹŠ/1.8#!3.ĹŠ !' 8ĔŊ"(Äą #1.-ĹŠ ĹŠ!.-.!#1ĹŠ24ĹŠ, +#23 1Ä“ ŊěŊ9ed b|]h_cWi [d bei e`ei"

bWi f[hiedWi W\[YjWZWi feh bW YedijhkYY_ÂŒd Z[b fheo[Yje Z[ bW 9_kZWZ Z[b 9edeY_c_[dje" ^W# XbWhed Z[ bW \WbjW Z[ _d\ehcWY_ÂŒd feh fWhj[ Z[ bWi Wkjeh_ZWZ[i" ie# Xh[ [b fheY[ie Z[ [nfhef_WY_ÂŒd Z[ iki j[hh[dei$ 7b[`WdZhe Fed# Y[" WXe]WZe Z[ bei W\[YjWZei" Z_`e gk[ [b fh_dY_fWb f[Z_Ze [i gk[ i[ fW]k[ [b fh[Y_e `kije" XWiWZe [d [b WlWbkÂŒ YWjWijhWb Yec[hY_Wb gk[ [ij_fkbW [b 9eejWZ$ OebWdZW Ceh_bbe" kdW Z[ bWi f[h# iedWi W\[YjWZWi" i[‹WbÂŒ gk[ de j_[d[ ZedZ[ l_l_h o gk[ b[ gk_jW# h|d ik \k[dj[ Z[ jhWXW`e$ ?dZ_YÂŒ gk[ [b fbWpe Z[ bW dej_Ă’ YWY_ÂŒd

l[dY[ [b fhÂ&#x152;n_ce l_[hd[i o de j_[d[d _d\ehcWY_Â&#x152;d ieXh[ [b lW# beh h[Wb Z[ iki j_[hhWi$ Ă&#x2020;Gk_[he gk[ c[ fW]k[d Yed j_[hhWi Z[ bWi c_icWi YedZ_Y_ed[iĂ&#x2021;" cWd_\[i# jÂ&#x152;$ 7b h[if[Yje" D[bied <Â&#x192;b_n" WbYWb# Z[ Z[ KhYkgkÂ&#x2021;" hWj_\_YÂ&#x152; gk[ [b fheY[ie fWhW bW h[l_i_Â&#x152;d Z[ bei j[hh[dei o bW h[lWbeh_pWY_Â&#x152;d Z[ bei fh[Z_ei [ij| [d jh|c_j[$ ?di_i# j_Â&#x152; [d gk[ [b lWbeh Z[ bei fh[Z_ei feh c[jhe YkWZhWZe i[h| Z[Ă&#x2019; d_# Ze Z[ WYk[hZe W bW ehZ[dWdpW" [b Wd|b_i_i Z[b j[hh[de e [Z_Ă&#x2019; YWY_Â&#x152;d o [b lWbeh Yec[hY_Wb Yece [ijW# Xb[Y[ [b 9eejWZ$ ;%(- ĹŠ Ä&#x152;

: ĹŠÄ&#x203A;ĹŠ Bei fheZkYjeh[i Z[

Ä&#x201C;ĹŠ .2ĹŠ/1./(#3 1(.2ĹŠ"#ĹŠ+.2ĹŠ/1#"(.2ĹŠ $#!3 ".2ĹŠ(-2(23(1;-ĹŠ#-ĹŠ#+ĹŠ/ %.ĹŠ1# +Ä&#x201D;ĹŠ +4#%.ĹŠ"#ĹŠ+ ĹŠ1#5 +.1(9 !(¢-ĹŠ"#ĹŠ242ĹŠ3(#11 2Ä&#x201C;ĹŠ

(. ( ,Ĺ&#x2039; Ĺ&#x2039; !,# /&.), -Ĺ&#x2039; - Ĺ&#x2039;!, / ,)(

#ĹŠ! -2 1.-ĹŠ"#ĹŠ.$1#!(,(#-3.2ĹŠ ĹŠ ĹŠ Ä&#x2013;ĹŠ ĹŠ

, 41 Ä&#x2013;ĹŠ 31 ĹŠ5#9ĹŠ+ ĹŠ - ,#1(! - ĹŠ-.13#Ä&#x201D;ĹŠ2#!3.1ĹŠ"#ĹŠ +ĹŠ 4-! +Ä&#x201D;ĹŠ$4#ĹŠ +.04# " ĹŠ/.1ĹŠ' (3 -3#2ĹŠ"#+ĹŠ2#!3.1Ä&#x201C;ĹŠ 4ĹŠ / !(#-!( ĹŠ2#ĹŠ3#1,(-¢Ä&#x201D;ĹŠ!4 -".ĹŠ#+ĹŠ5(#1-#2ĹŠ -3#1(.1ĹŠ2#ĹŠ04#" 1.-ĹŠ2(-ĹŠ %4 ĹŠ/ 1 ĹŠ242ĹŠ!4+3(5.2Ä&#x201C;ĹŠ +ĹŠ. 2.+#3.ĹŠ! - +ĹŠ "#ĹŠ1(#%.ĹŠ#-ĹŠ#+ĹŠ31 ,.ĹŠ #1,#) +#2Äą "(++ ĹŠ$4#ĹŠ 11 2 ".ĹŠ/.1ĹŠ+ ĹŠ04# 1 " ĹŠ , 404~Ä&#x201C;ĹŠ ĹŠ%#-3#ĹŠ!.,#-3¢Ŋ04#ĹŠ' !#ĹŠ ,#2#2ĹŠ#+ĹŠ -23(343.ĹŠ !(.- +ĹŠ"#ĹŠ (#%.Ä&#x201D;ĹŠ Ä&#x201D;ĹŠ+#2ĹŠ.$1#!(¢Ŋ 84" 1+.2ĹŠ/#1.ĹŠ- " ĹŠ"#ĹŠ- " ĹŠ8ĹŠ2#ĹŠ4-(#1.-ĹŠ/ 1 ĹŠ/1.3#23 1Ä&#x201C;ĹŠĹŠ ;%(- ĹŠ Ä&#x160;

/- (Ĺ&#x2039; -)&/ #)( -

ĹŠ ĹŠÄ&#x203A;ĹŠ;d [b J[Wjhe Ckd_# Y_fWb Z[ IWd =WXh_[b" i[ YedY[d# jhWhed ,&) W]h_Ykbjeh[i Z[ bW fhel_dY_W gk_[d[i j[hc_dWhed bW fh_c[hW \Wi[ Z[ bWi [iYk[bWi Z[ bW h[lebkY_Â&#x152;d W]hWh_W$ 7fh[d# Z_[hed ieXh[ [b c[`ehWc_[dje Z[ Ykbj_le$ Jkle kdW ZkhWY_Â&#x152;d Z[ kd WÂ&#x2039;e o c[Z_e$ Bei X[d[\_Y_Wh_ei Wfh[^[d# Z_[hed Z_l[hiWi jÂ&#x192;Yd_YWi Z[ Ykbj_lei o Yh_WdpW Z[ Wd_cWb[i c[deh[i$ ;d [b \kjkhe i[ Yedj_dkWh| \ehjWb[Y_[dZe [ijWi [iYk[bWi Yed [b Wfeoe Z[ YhÂ&#x192;Z_jei" c[YWd_pW# Y_Â&#x152;d" i[c_bbWi c[`ehWZWi o [d bW Yec[hY_Wb_pWY_Â&#x152;d$ ;ijW ]hWZkWY_Â&#x152;d cWi_lW [i# jkle W YWh]e Z[b C_d_ij[h_e Z[ 7]h_YkbjkhW" =WdWZ[hÂ&#x2021;W" 7YkW# YkbjkhW o F[iYW o [b Fhe]hWcW Z[ ?ddelWY_Â&#x152;d 7]hÂ&#x2021;YebW$

;%(- ĹŠ Ä&#x2C6;Ä&#x2018;

bW fhel_dY_W bk[]e Z[ kdW h[# kd_Â&#x152;d [dl_Whed W kd h[fh[# i[djWdj[ W bW =eX[hdWY_Â&#x152;d Z[b 9WhY^_ fWhW ZWh W YedeY[h bei _dYedl[d_[dj[i gk[ j_[d[ [b ]h[c_e o W jhWlÂ&#x192;i Z[ bW _di# j_jkY_Â&#x152;d Z[b ;ijWZe YeehZ_dWh iebkY_ed[i$ Bei f[Z_Zei ied0 h[Wb_pWh Yedjheb[i W Yec[hY_Wdj[i YebecX_Wdei gk[ _d]h[iWd W l[dZ[h fWfW i_d [b f[hc_iei h[if[Yj_le bei ZÂ&#x2021;Wi Z[ \[h_W" jWdje [d @kb_e 7dZhWZ[ Yece [d IWd =WXh_[b$ E\h[Y[h c|i i[]kh_ZWZ [d bWi Ă&#x2019; dYWi o ^WY_[dZWi kdW l[p gk[ i[ _dYh[c[djÂ&#x152; Z[ dk[# le [b WX_][Wje" o bb[]Wh W kd Yedi[die Yed bW feb_YÂ&#x2021;W fWhW gk[ fk[ZWd jhWibWZWh W bei `ehdWb[hei [d bWi YWc_ed[jWi e YWc_ed[i ^WY_W bei i[Yjeh[i ZedZ[ lWd W jhWXW`Wh$ 7kdgk[ bW _dj[dY_Â&#x152;d \k[ ie# bkY_edWh [ijei _dYedl[d_[d# j[i [di[]k_ZW" i[ feifkie bW h[kd_Â&#x152;d fWhW [b ' Z[ \[Xh[he" ZedZ[ i[ jhWjWh|d Z[ h[iebl[h bei fheXb[cWi$ ;%(- ĹŠ Ä&#x2C6;Ä?

Ä&#x201C;ĹŠ #12.- 2ĹŠ04#ĹŠ31 Äą ) -ĹŠ#-ĹŠ#+ĹŠ! ,/.ĹŠ"# #-ĹŠ31 2+ Äą " 12#ĹŠ#-ĹŠ! ,(.-#2ĹŠ.ĹŠ! ,(.-#3 2ĹŠ +ĹŠ-.ĹŠ' #1ĹŠ31 -2/.13#Ä&#x201C;ĹŠ 23.ĹŠ#2ĹŠ 2 -!(.- ".ĹŠ/.1ĹŠ+ ĹŠ #8ĹŠ"#ĹŠ 1;-2(3.Ä&#x201C;

666Ä&#x201C;+ '.1 Ä&#x201C;!.,Ä&#x201C;#!


Ä&#x201A;

Ä&#x2C6;Ä&#x2021;Ä&#x2021;Ä&#x2021; ĹŠ ÂĄ ĹŠ

#2ĹŠ+ ĹŠ(-5#12(¢-ĹŠ 04#ĹŠ' 23 ĹŠ#+ĹŠ ,.,#-3.ĹŠ2#ĹŠ "#23(-¢Ŋ/ 1 ĹŠ#+ĹŠ 1- 5 +ĹŠ .!341-.Ä&#x201C;ĹŠ

0%!),+ (! 01. Ä Ä&#x2020;Ĺ?)%*Ä&#x2039;

Ĺ?Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ ĹŠĹŠ

.-ĹŠ,4!' ĹŠ2 3(2$ !!(¢-ĹŠ/4"#ĹŠ+##1ĹŠ#-ĹŠ#23#ĹŠ#2/ !(.ĹŠ+ 2ĹŠ"#!+ 1 !(.-#2ĹŠ"#+ĹŠ !., -" -3#ĹŠ"#ĹŠ .+(!~ ĹŠ"#ĹŠ , 41 Ä&#x201D;ĹŠ04(#-ĹŠ(-$.1,¢Ŋ04#ĹŠ#23;-ĹŠ"#/4Äą 1 -".ĹŠ+ 2ĹŠÄ&#x192;ĹŠ+ 2ĹŠ(-23(34!(.- +#2Ä&#x201C;ĹŠ 2.ĹŠ-.2ĹŠ" ĹŠ!.-Ä&#x192;ĹŠ -9 ĹŠ ĹŠ+.2ĹŠ!(4" " -.2Ä&#x201D;ĹŠ /.104#ĹŠ5#,.2ĹŠ04#ĹŠ+.2ĹŠ, +.2ĹŠ#+#,#-3.2Ä&#x201D;ĹŠ04#ĹŠ#7(23#-ĹŠ#-ĹŠ3." 2ĹŠ/ 13#2Ä&#x201D;ĹŠ 2.-ĹŠ2 -!(.- ".2Ä&#x201C;ĹŠĹŠĹŠĹŠ

_2 1ĹŠ 13(9ĹŠ Ä&#x201C;ĹŠĹŠ 11

Ä&#x201C;ĹŠ ¢5#-#2ĹŠ"#ĹŠ+ ĹŠ/ 11.04( ĹŠ"#ĹŠ , 404~ĹŠ 42! -ĹŠ1# !3(5 1ĹŠ+ ĹŠ#!.-.,~ ĹŠ!.-ĹŠ#5#-3.2ĹŠ!4+341 +#2ĹŠ#-ĹŠ+.2ĹŠ$#1( ".2Ä&#x201C;ĹŠ

ĹŠ } ĹŠ ÂĄ ĹŠ

-ĹŠ+ ĹŠ! ++#ĹŠ .! $4#13#Ä&#x201D;ĹŠ+.2ĹŠ #2!., 1.2ĹŠ04#ĹŠ04#" 1.-ĹŠ "#2/4_2ĹŠ"#+ĹŠ 11#%+.ĹŠ"#ĹŠ4-ĹŠ /#04# .ĹŠ31 ,.ĹŠ"#ĹŠ#23 ĹŠ5~ Ä&#x201D;ĹŠ 4-ĹŠ-.ĹŠ' -ĹŠ2(".ĹŠ04(3 ".2ĹŠ"#+ĹŠ +4% 1Ä&#x201D;ĹŠ8ĹŠ! 42 ĹŠ,.+#23( 2ĹŠ ĹŠ+.2ĹŠ 43.,.3.1#2ĹŠ04#ĹŠ!(1!4+ -ĹŠ/.1ĹŠ#+ĹŠ 2#!3.1Ä&#x201C;ĹŠ +ĹŠ/#12.- +ĹŠĹŠ#-! 1% ".ĹŠ"#ĹŠ #23 ĹŠ3 1# ĹŠ"# #1~ ĹŠ3., 1ĹŠ! 13 2ĹŠ #-ĹŠ#+ĹŠ 24-3.Ä&#x201C;ĹŠ .2ĹŠ#-5~ Ä&#x2013;ĹŠ 423 5.ĹŠ .3.2~ĹŠĹŠĹŠ ~ ĹŠ!.11#.ĹŠ#+#!31¢-(!.

Ĺ? Ĺ?

Ä&#x2021;ĹŠ .-5(_13#3#ĹŠ#-ĹŠ-4#231.ĹŠ 1#/.13#1.Ä&#x201C;ĹŠ -5~ ĹŠ342ĹŠ$.3.2ĹŠ Ä&#x2013;ĹŠ "3.11#2Äž+ '.1 Ä&#x201C;!.,Ä&#x201C;#!Ä&#x201C;ĹŠ

ĹŠ/1#%4-3 ĹŠ"#ĹŠ'.8ĹŠ#2Ä&#x2013;ĹŠÄ .-2("#1 ĹŠ 04#ĹŠ#-ĹŠ !4 ".1ĹŠ+ ĹŠ,4)#1ĹŠ3." 5~ ĹŠ #2ĹŠ"(2!1(,(- " ĹŠÄ&#x;Ä&#x201C;ĹŠ 2!1( #ĹŠ#-ĹŠ$ Äą !# ..*ĹŠ.ĹŠ36(33#1ĹŠ ĹŠ+ ĹŠ'.1 ĹŠ(, 4Äą 1 ĹŠ.ĹŠ ĹŠ( 11 Äž+ '.1 Ä&#x201C;!.,Ä&#x201C;#!

ĹŠ/1#%4-3 ĹŠ#-5( " ĹŠ ĹŠ-4#231.2ĹŠ2#%4(".1#2ĹŠ#-ĹŠ 6(33#1ĹŠ8ĹŠ !# ..*ĹŠ 8#1ĹŠ$4#ĹŠÄ 4#ĹŠ./(- ĹŠ2. 1#ĹŠ#+ĹŠ!. 1.ĹŠ"#ĹŠ4- ĹŠ-4#5 ĹŠ3 2 ĹŠ/ 1 ĹŠ+.2ĹŠ 1¢34+.2ĹŠ04#ĹŠ,("#-ĹŠ,;2ĹŠ"#ĹŠ31#2ĹŠ,#31.2Ä&#x201D;ĹŠ /1. " ĹŠ/.1ĹŠ#+ĹŠ 4-(Äą !(/(.ĹŠ"#ĹŠ 11 Ä&#x;Ä&#x201C;ĹŠ 04~ĹŠ +%4- 2ĹŠ1#2/4#23 2Ä&#x201C;

ĹŠĹŠ 23.8ĹŠ"#ĹŠ !4#1".Ä&#x201D;ĹŠ/.104#ĹŠ!1#.ĹŠ04#ĹŠ+.2ĹŠ04#ĹŠ3(#-#-ĹŠ%1 -"#2ĹŠ Ĺ&#x2014;-#%.!(.2Ä&#x201D;ĹŠ"# #-ĹŠ/ % 1ĹŠ,;2ĹŠ04#ĹŠ+.2ĹŠ/#04#Â .2ĹŠ!.,#1!( -3#2Ä&#x201C;ĹŠĹŠ .2ĹŠ#2!1( #Ä&#x2013;ĹŠ (#%.ĹŠ .9.ĹŠ

ĹŠĹŠ (!#-ĹŠ04#ĹŠ#2ĹŠ/ 1 ĹŠ#5(3 1ĹŠ+ ĹŠ!.-3 ,(- !(¢-ĹŠ5(24 +Ä&#x201D;ĹŠ/#1.ĹŠ#+ĹŠ Ĺ&#x2014; 4-(!(/(.ĹŠ#2ĹŠ#+ĹŠ/1(,#1.ĹŠ#-ĹŠ!.-3 ,(- 1ĹŠ!.-ĹŠ31#,#-".2ĹŠ1¢34+.2ĹŠ04#ĹŠ /1.,.!(.- -ĹŠ#+ĹŠ-., 1#ĹŠ"#+ĹŠ +! +"#Ä&#x201C;ĹŠ .2ĹŠ#2!1( #Ä&#x2013;ĹŠ 1~ ĹŠ 4, ĹŠĹŠĹŠ

ĹŠĹŠ ;2ĹŠ(,/4#23.2ĹŠ/ 1 ĹŠ#+ĹŠ/4# +.Ä&#x201D;ĹŠ8 ĹŠ 23 ĹŠ/.1ĹŠ$ 5.1Ä&#x201C;ĹŠ Ĺ&#x2014; .2ĹŠ#2!1( #Ä&#x2013;ĹŠ , 1(2ĹŠ 4#-3#2ĹŠĹŠĹŠ ĹŠĹŠ 2ĹŠ-#!#2 1(.ĹŠ.1"#- 1ĹŠ+ ĹŠ!(4" "Ä&#x201C;ĹŠ "(#ĹŠ/4#"#ĹŠ-#% 1ĹŠ%(% -3#2ĹŠ Ĺ&#x2014;1¢34+.2ĹŠ $#!3 -Ä&#x201D;ĹŠ-.ĹŠ2¢+.ĹŠ ĹŠ+ ĹŠ(, %#-ĹŠ"#ĹŠ+ ĹŠ!(4" "Ä&#x201D;ĹŠ2(-.ĹŠ3 , (_-ĹŠ ĹŠ+ ĹŠ (, %#-ĹŠ"#ĹŠ+ ĹŠ!(4" "Ä&#x201C;ĹŠ .2ĹŠ#2!1( #Ä&#x2013;ĹŠ 4(2ĹŠ Ä&#x201C;ĹŠĹŠ

ĹŠĹŠ (ĹŠ+#2ĹŠ5 -ĹŠ ĹŠ1#4 (! 1Ä&#x201D;ĹŠ04#ĹŠ-.ĹŠ2# ĹŠ ĹŠ4-ĹŠ+4% 1ĹŠ#-ĹŠ".-"#Ä&#x201D;ĹŠ#-ĹŠ+4% 1ĹŠ"#ĹŠ Ĺ&#x2014;"(5#12(¢-Ä&#x201D;ĹŠ2#ĹŠ%#-#1#ĹŠ(-2#%41(" "Ä&#x201C;ĹŠ .2ĹŠ#2!1( #Ä&#x2013;ĹŠ +#1( ĹŠ .11#2ĹŠĹŠĹŠĹŠ

#!3(Ä&#x192;ĹŠ! !(¢-ĹŠ -ĹŠ#23 ĹŠ,(2, ĹŠ/;%(- Ä&#x201D;ĹŠ#-ĹŠ+ ĹŠ#"(!(¢-ĹŠ"#ĹŠ 8#1Ä&#x201D;ĹŠ/4 +(! ,.2ĹŠ4- ĹŠ-.3(!( ĹŠ !.-ĹŠ#+ĹŠ3~34+.ĹŠÄ&#x2C6;Ä&#x160;Ä?ĹŠ/.+(!~ 2ĹŠ2 -!(.- ".2ĹŠ#-ĹŠ4-ĹŠ  .Ä&#x201C;ĹŠ -ĹŠ"(!' ĹŠ-.3 Ä&#x201D;ĹŠ !.-23 ĹŠ04#ĹŠ"41 -3#ĹŠ#+ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2C6;Ä&#x2C6;ĹŠ2#ĹŠ1#/.13 1.-ĹŠÄ?Ä&#x2021;ĹŠ,(+ĹŠ! 11.2ĹŠ1. ".2ĹŠ8ĹŠÄ&#x152;Ä&#x17D;ĹŠ ,(+ĹŠ,.3.!(!+#3 2Ä&#x201C;ĹŠ +ĹŠ" 3.ĹŠ!.11#!3.ĹŠ#2ĹŠÄ?Ä&#x2021;ĹŠ5#'~!4+.2ĹŠ8ĹŠÄ&#x152;Ä&#x17D;ĹŠ,.3.!(!+#3 2Ä&#x201C;ĹŠ $1#!#,.2ĹŠ"(2!4+/ 2ĹŠ/.1ĹŠ#23#ĹŠ#11.1ĹŠ(-5.+4-3 1(.Ä&#x201C;ĹŠ

Ĺ&#x2039;Ä? # ,, Ĺ&#x2039; &Ĺ&#x2039; 0)Ä&#x2018;Ĺ&#x2039;. ( ,6Ĺ&#x2039;-/Ĺ&#x2039; ,( 0 &Ĺ&#x2039;() ./,() +ĹŠ$#1( ".ĹŠ"#ĹŠ! 1- 5 +ĹŠ3#-"1;ĹŠ"(5#12(Äą " "ĹŠ#23#ĹŠ  .Ä&#x201D;ĹŠ4-ĹŠ%14/.ĹŠ"#ĹŠ)¢5#-#2ĹŠ/1#Äą / 1 ĹŠ4-ĹŠ#5#-3.ĹŠ! 1% ".ĹŠ"#ĹŠ "1#- +(- ĹŠ ĹŠÄ&#x161; ;b Cel_c_[dje Z[ 7YY_Â&#x152;d

@kl[d_b" j_[d[ feh eX`[j_le [b \e# c[dje Z[b b_Z[hWp]e" fheceY_Â&#x152;d Z[ bW Z[ceYhWY_W o [b Z[iWhhebbe Yeckd_jWh_e [d bW fWhhegk_W Z[ 7cXkgkÂ&#x2021;" Yed bW h[Wb_pWY_Â&#x152;d Z[b YWhdWlWb deYjkhde Yece fhe# fk[ijW Wbj[hdWj_lW [d [ij[ \[h_W# Ze$ 9Wheb_dW ;if_depW" fh[i_Z[djW Z[b cel_c_[dje" i[Â&#x2039;WbÂ&#x152; gk[ Z[i# Z[ [b (&&. i[ fheck[l[ kd [l[d# je [d ZedZ[ bW ieb_ZWh_ZWZ Z[ bei ^WX_jWdj[i i[ fed[ [d [l_Z[dY_W Yed bW YebWXehWY_Â&#x152;d [YedÂ&#x152;c_YW o [b jWb[dje WhjÂ&#x2021;ij_Ye$ BW ]Wijhede# cÂ&#x2021;W [i ejhe Z[ bei [b[c[djei gk[ XkiYW Yedieb_ZWhi[ Yece fbWje

\k[hj[ fWhW [b YWhdWlWb [d [ijW pedW Z[b YWdjÂ&#x152;d ?XWhhW$ BW WYj_l_ZWZ i[ Z[iWhhebbWh| [b (& Z[ \[Xh[he Z[iZ[ bWi '+0&&$ Kd fh[]Â&#x152;d gk[ YedjWh| Yed bW fh[i[dY_W Z[ YecfWhiWi o YW# hhei Wb[]Â&#x152;h_Yei i[h| bW X_[dl[d_# ZW fWhW [b l_i_jWdj[$ H[Yehh[h|d bW YWbb[ fh_dY_fWb ^WijW bb[]Wh Wb fWhgk[ Y[djhWb$ 1(#" "ĹŠ

8W_bej[hWf_W" Z[i\_b[i" ]Wijhe# decÂ&#x2021;W" i^emi WhjÂ&#x2021;ij_Yei o Whj[# iWdÂ&#x2021;Wi" [i bW fhefk[ijW gk[ j[d# Zh| [b l_i_jWdj[ [d ^ehWi Z[ bW jWhZ[ o deY^[$ ;if_depW _dZ_YÂ&#x152; gk[ i[ bbWcW 9WhdWlWb DeYjkhde"

feh [b ^ehWh_e o bW d[Y[i_ZWZ Z[ fei_Y_edWh kd [l[dje Z[ bW fWhhe# gk_W" i_d Z[`Wh Z[ bWZe [b YedeY_# Ze YWhdWlWb 9eWd]k[$ Ă&#x2020;BW _Z[W [i gk[ [b jkh_ijW fk[ZW l_i_jWh jeZW Z_\[h[dj[i bk]Wh[i o gk[ j[d]W Wbj[hdWj_lWi" [ij| YbWhe gk[ [d dk[ijhW fWhhegk_W i[ h[WYj_lWh| bW [YedecÂ&#x2021;WĂ&#x2021;" Z_`e$ ;ij[ WÂ&#x2039;e i[ ikcW W bW WYj_l_# ZWZ bW <kdZWY_Â&#x152;d 7]hejkh_ice o 7]he[Yebe]Â&#x2021;W 7]h[Ye " [if[hWd WZ[c|i bW YebWXehWY_Â&#x152;d Z[b =e# X_[hde Fhel_dY_Wb Z[ ?cXWXkhW o bW Ckd_Y_fWb_ZWZ Z[ ?XWhhW$ @e^WdW =k[lWhW" cehWZehW Z[ bW fWhhegk_W" Z[ijWYÂ&#x152; gk[ [hW d[Y[iWh_e kd [ifWY_e Z[ Wb[]hÂ&#x2021;W o \ec[dje Z[ bW YkbjkhW [d 7c# XkgkÂ&#x2021;$ Ă&#x2020;;n_ij[ [b YWhdWlWb [d ;b 9^ejW o @kdYWb" f[he deiejhei" Yece fWhhegk_W" Z[X[cei cei# jhWh W bW Y_kZWZWdÂ&#x2021;W be gk[ iecei o be gk[ j[d[ceiĂ&#x2021;" [d\Wj_pÂ&#x152;$

-./ # (. -Ĺ&#x2039;- /( ,#)-Ĺ&#x2039; '*# 4 (Ĺ&#x2039; )(Ĺ&#x2039;' # -Ĺ&#x2039; 8hoWd ;hWpe" [ijkZ_Wdj[ Z[b Yeb[]_e J[eZehe =Â&#x152;c[p Z[ bW Jehh[ o YeehZ_dWZeh Z[ bW <[# Z[hWY_Â&#x152;d Z[ ;ijkZ_Wdj[i I[# YkdZWh_ei Z[b ;YkWZeh [d ?c# XWXkhW" _dZ_YÂ&#x152; gk[ [cf[pWh|d Yed bW h[Yeb[YY_Â&#x152;d Z[ Ă&#x2019; hcWi [d bW fhel_dY_W" fWhW be]hWh h[\eh# cWh [b i_ij[cW Z[ d_l[bWY_Â&#x152;d o WZc_i_Â&#x152;d W bWi kd_l[hi_ZWZ[i gk[ fhefed[ [b =eX_[hde DW# Y_edWb$ 7if_hWd ikcWh +& c_b

lebkdjWZ[i$ 9Wb_Ă&#x2019; YÂ&#x152; Yece Z_iYh_c_dWje# h_e [b fheY[ie" h[YehZÂ&#x152; gk[ [ij[ i[Yjeh h[Wb_pW lWh_ei Z[XWj[i Yed bei Yeb[]_ei" fWhW WYbWhWh bWi ZkZWi o bWi l[hZWZ[i W c[# Z_Wi gk[ Z[`Â&#x152; bW ieY_WX_b_pWY_Â&#x152;d h[Wb_pWZW feh bW I[d[Yoj$ Ă&#x2020;Bei `Â&#x152;l[d[i i[ WZ^_[h[d W dk[ijhW fhefk[ijW o bW c[`eh cWd[hW fWhW Z[\[dZ[h dk[ijhei Z[h[# Y^ei" [i be]hWh bW YedY_[dY_W Z[

bW Y_kZWZWdÂ&#x2021;W fWhW bW ceZ_Ă&#x2019; YW# Y_Â&#x152;d Z[ [ijW b[oĂ&#x2021;" [nfb_YÂ&#x152;$ C_[djhWi gk[ [b =eX_[hde fhefed[ kdW [lWbkWY_Â&#x152;d fh[# l_W W bW cWjh_YkbWY_Â&#x152;d" bei [ijk# Z_Wdj[i i[YkdZWh_ei Wi[]khWd gk[ [d fh_c[h bk]Wh" Z[X[hÂ&#x2021;W i[h [b WYY[ie b_Xh[ o bk[]e kdW f[hcWd[dj[ [lWbkWY_Â&#x152;d" fWhW gk[ [n_ijWd c|i fei_X_b_ZWZ[i [d bW Yedj_dk_ZWZ Z[ bei [ijk# Z_ei ikf[h_eh[i" WĂ&#x2019; hcÂ&#x152; ;hWpe$


ĹŠĹŠ

.1 ".1#2ĹŠ"()#1Äą .-ĹŠ04#ĹŠ#+ĹŠÄ&#x2C6;Ä&#x2C6;ĹŠ"#ĹŠ , 19.ĹŠ"#ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2C6;Ä&#x2C6;ĹŠ /1#2#-3 1.-ĹŠ +ĹŠ -23(343.ĹŠ !(.- +ĹŠ"#ĹŠ (#%.ĹŠ#-ĹŠ , 41 Ä&#x201D;ĹŠ4-ĹŠ ".!4,#-3.ĹŠ ".-"#ĹŠ#7/+(! Äą -ĹŠ+.2ĹŠ(-!.-5#Äą -(#-3#2ĹŠ04#ĹŠ 3#-~ -ĹŠ+.2ĹŠ %1(Äą !4+3.1#2Ä&#x201C;ĹŠ

Ä&#x201C;ĹŠ .2ĹŠ! 11.2ĹŠ04#ĹŠ5( ) -ĹŠ/.1ĹŠ#+ĹŠ2#!3.1ĹŠ04#" 1.-ĹŠ5 1 ".2ĹŠ' 23 ĹŠ04#ĹŠ2#ĹŠ2.+4!(.-#ĹŠ#+ĹŠ/1. +#, Ä&#x201C;ĹŠ

&)+/ ,)(Ĺ&#x2039;& Ĺ&#x2039;0v Ĺ&#x2039; (- )-Ĺ&#x2039;

.2ĹŠ/1. +#, 2ĹŠ04#ĹŠ' ĹŠ%#-#1 ".ĹŠ#+ĹŠ. Äą 2.+#3.ĹŠ! - +ĹŠ"#ĹŠ1(#%.ĹŠ,.5(+(9 1.-ĹŠ ĹŠ+ 2ĹŠ /#12.- 2ĹŠ#-ĹŠ 4-! +Ä&#x201C;ĹŠĹŠ

[b Y|b_Ze Yb_cW" bei j[hh[dei d[Y[# i_jWd i[h _hh_]WZei" feh be c[dei Zei l[Y[i feh i[cWdW$ Ă&#x2020;J[d[cei ckY^ei f[h`k_Y_ei" WgkÂ&#x2021; l_l_cei Z[ bW W]h_YkbjkhW" [i dk[ijhe fWd Z[b ZÂ&#x2021;W" o i_ dei gk[ZWcei i_d ĹŠÄ&#x203A;ĹŠ9[hhWZW Yed f_[ZhWi" fW# ZWZ[i de ^_Y_[hed WXiebkjWc[dj[ W]kW" i[ dei f_[hZ[d bei Ykbj_leiĂ&#x2021;" bei o bbWdjWi WcWd[Y_Â&#x152; bW cWÂ&#x2039;WdW dWZW" [if[hWhed W gk[ i[ bb[l[ bei Yec[djÂ&#x152;$ Z[ Wo[h bW FWdWc[h_YWdW dehj[" f_bWh[i fWhW h[Y_Â&#x192;d gk[h[h ^WY[h i[Yjeh Z[ ;b @kdYWb$ BW ][dj[ i[ Wb]eĂ&#x2021;" Yec[djÂ&#x152;$ $1#!#-ĹŠ31 ).2ĹŠ/1.5(2(.- +#2ĹŠ ;ij|d _dZ_]dWZei" Wdj[ be gk[ ;ijW de [i bW fh_c[hW l[p gk[ bW kd_Â&#x152; fWhW [n_]_h W bWi Wkjeh_ZWZ[i [b Whh[]be _dc[Z_Wje Z[b YWdWb Z[ Yedi_Z[hWd \WbjW Z[ WYY_Â&#x152;d Z[iZ[ ][dj[ Xbegk[W bW lÂ&#x2021;W fWhW [n_]_h bW h_[]e gk[ YebWfiÂ&#x152; ^WY[ i[_i ZÂ&#x2021;Wi$ bWi [dj_ZWZ[i fÂ&#x2018;Xb_YWi$ Ă&#x2020;>WijW eXhW gk[ jWdjei Zebeh[i Z[ YWX[pW BW \WbjW Z[ bÂ&#x2021;gk_Ze W\[YjÂ&#x152; W bei YkWdZe dk[ijhWi fbWdjWi [ijWh|d b[i ^W YWkiWZe [d iki Ykbj_lei Z[ Ykbj_lei Z[ Wfhen_cWZWc[dj[ i_d h[Y_X_h W]kW" ^Wo ckY^W ][dj[ \hÂ&#x192;`eb" jecWj[" f_c_[dje" W`Â&#x2021;" YWÂ&#x2039;W" gk[ j_[d[ iki Ykbj_lei Yed Z_d[he [djh[ ejhei gk[ ied Z_ijh_Xk_Zei W +&& ^[Yj|h[Wi$ iWYWZe W YhÂ&#x192;Z_je" i_ bWi fbWdjWi i[ ?XWhhW o Gk_je$ ck[h[d" de lWd j[d[h Z[ ZedZ[ 7ZkY[d gk[ [b YWdWb j_[d[ c|i +ĹŠ"1 , ĹŠ Z[ (& WÂ&#x2039;ei Z[ l_ZW" feh be gk[ i[ BW deY^[ Z[b l_[hd[i" i[]Â&#x2018;d 9Wh# fW]WhĂ&#x2021;" WĂ&#x2019;hcÂ&#x152;$ ;d [ijW i_jkWY_Â&#x152;d i[ [dYk[djhW h[gk_[h[ kde dk[le o Z[Ă&#x2019;d_j_le$ bei FÂ&#x192;h[p" kde Z[ bei W\[YjWZei" i[ Z[hhkcXÂ&#x152; [b eXieb[je YWdWb CW]ZWb[dW 9WhWXWbÂ&#x2021;" gk_[d Z_`e ;b Xbegk[e Z[ Zei ^ehWi jecÂ&#x152; Z[ h_[]e [d [b jhWce 8[hc[`Wb[i# gk[ ^WY[ '& c[i[i b[i e\h[Y_[hed feh iehfh[iW W bei l_W`[hei$ Kde FWZ_bbW" bk[]e Z[ gk[ bW gk[XhW# WokZWhb[i YebeYWdZe kd fWie Z[ [bbei" <[hdWdZe =kWY^_b[cW" ZW 7cXkgkÂ&#x2021;" WhhWiWhW Yed jeZe" fhel_i_edWb fWhW [b h[]WZÂ&#x2021;e" f[he Y^e\[h Z[ kd Xki Z[ bW 9eef[hWj_# \hkje Z[ bWi \k[hj[i bbkl_Wi$ ;b fWiÂ&#x152; [b j_[cfe$ Ă&#x2020;Oe iWYÂ&#x152; fh[ijW# lW IWd 9h_ijÂ&#x152;XWb" gk_[d de fkZe ^ecXh[ Yec[djÂ&#x152; gk[ bWi Yedi[# cei [d [b XWdYe fWhW Yei[Y^Wh o Yecfb[jWh W j_[cfe ik jhWo[Yje Yk[dY_Wi i[ l[Â&#x2021;Wd bb[]Wh fehgk[ l_le [dZ[kZWZW$ 9Â&#x152;ce Yei[Y^e Z[ =kWoWgk_b W JkbY|d$ I_d [c# bei f_bWh[i [d YkWbgk_[h cec[d# i_ de fW]eĂ&#x2021;" [nYbWcÂ&#x152;$ XWh]e" [ijWXW YedY_[dj[ Z[ bei je _XWd W YebWfiWh$ Ă&#x2020;BWi Wkjeh_# @eh][ IWdjei Wi[]khW gk[ feh fheXb[cWi Z[ bei fhej[ijWdj[i$

[b ceigk_je$ Ejhe bk]Wh Z[ h_[i]e [i bW pedW Z[ Ă&#x17E;djW] [d [b YWdjÂ&#x152;d 9e# jWYWY^_$ 9ec[djÂ&#x152; gk[ Xh_]WZWi cÂ&#x192;Z_YWi i[ jhWibWZWh|d W bWi Ye# ckd_ZWZ[i Wb[`WZWi fWhW Xh_d# ZWhb[i Y^WhbWi Z[b j[cW" f[he Z_`e gk[ bW fhef_W Y_kZWZWdÂ&#x2021;W [i gk_[d Z[X[ [l_jWh o fh[l[d_h [b YedjW]_e$ H[Yec[dZÂ&#x152; W bWi f[hiedWi [l_jWh j[d[h fepei Z[ W]kW Wb W_h[ b_Xh[ ZedZ[ i[ fe# iWd bei ceigk_jei$ @WhWc_bbe WYedi[`Â&#x152; W bW Y_k# ZWZWdÂ&#x2021;W" WYkZ_h ^WijW [b Y[d# jhe Z[ iWbkZ c|i Y[hYWde" [d YWie Z[ gk[ fh[i[dj[ iÂ&#x2021;djecWi Yece Ă&#x2019;[Xh[" cWb[ijWh ][d[hWb" jei" [d Wb]kdWi eYWi_ed[i ^[# cehhW]_Wi ]hWl[ $

Ĺ? Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

Ä&#x192;

-$.1, 1;-ĹŠ2. 1#ĹŠ 1"#- -9 ĹŠ

Ĺ&#x2014;ĹŠ ĹŠ;b Ckd_Y_f_e Z[ ?XWhhW ZWh| W YedeY[h W jhWlÂ&#x192;i Z[

kdW hk[ZW Z[ fh[diW" jeZe be h[\[h[dj[ W bW EhZ[dWdpW ieXh[ bW 9h[WY_Â&#x152;d Z[ 9edZ[# YehWY_ed[i [d [b 9WdjÂ&#x152;d ?XW# hhW$ BW WYj_l_ZWZ i[ h[Wb_pWh| [b fhÂ&#x152;n_ce cWhj[i Z[iZ[ bWi '&0&& [d bW IWbW Z[ I[i_ed[i Z[b 9WX_bZe$

ĹŠ } Ä&#x201C;

CWhYe ;Y^[l[hhÂ&#x2021;W"

2Ŋ4-Ŋ, +Ŋ-#!#2 1(.Ŋ ĸ/ 1.ĚŊ! 2.Ŋ!.-31 1(.Ŋ -.Ŋ#2!4!' -Ŋ+ 2Ŋ 43.Ĺ 1(" "#2Ģ Ŋ } Ŋ Ŋ

YeehZ_dWZeh Z[ bW Kd_ZWZ Z[ ;ijkZ_ei Z[ bW IkXi[Yh[jWh_W Z[ H_[]e o :h[dW`[" Yec[djÂ&#x152; gk[ i[ Yedi_]k_[hed (+ c_b ZÂ&#x152;bWh[i fWhW h[Wb_pWh bei jhWXW`ei fhel_i_edW# b[i$ I[ jhWjW Z[ bW YedijhkYY_Â&#x152;d Z[ kd fWie [b[lWZe fWhW jhWdifehjWh W]kW ieXh[ bW gk[XhWZW 7cXkgkÂ&#x2021; `kdje W bW YWdj[hW HWcÂ&#x2021;h[p$ 7i[# ]khÂ&#x152; gk[ fWhW bei Z[Ă&#x2019;d_j_lei" WY# jkWbc[dj[ i[ jhWjW Z[ Yedi[]k_h (.& c_b ZÂ&#x152;bWh[i [d bW IkXi[Yh[# jWh_W Z[ H[Ykhiei" fk[i [i d[Y[# iWh_W kdW jkX[hÂ&#x2021;W Z[ WbjW fh[i_Â&#x152;d gk[ h[i_ijW [b YWkZWb Z[b W]kW$

ĹŠ8ĹŠ!.-!#) +#2ĹŠ2#ĹŠ 1#4-(1;-ĹŠ

Ĺ&#x2014;ĹŠ ĹŠ>eo" Z[iZ[ bWi ''0&&" [d bW 9WiW Z[ bW ?XWhh[Â&#x2039;_ZWZ

Z[fWhjWc[dje Z[ 9kbjkhW i[ Z[iWhhebbWh| kdW h[kd_Â&#x152;d [djh[ h[fh[i[djWdj[i Z[b Fhe]hWcW 7d_cWb ;YkWZeh" YWfÂ&#x2021;jkbe ?XWhhW" Yed bei YedY[`Wb[i fWhW jhWjWh ieXh[ bW fhefk[ijW Z[ EhZ[dWdpW _cfkbiWZW feh bei fhej[Yje# h[i Z[ bei Wd_cWb[i$

& ! ,)(Ĺ&#x2039; 3/ -Ĺ&#x2039; .Z (# -Ĺ&#x2039;

)Ĺ&#x2039;- Ĺ&#x2039;" (Ĺ&#x2039;, !#-., )Ĺ&#x2039; -)-Ĺ&#x2039; Ĺ&#x2039; (!/ Ĺ&#x2039; C_bjed @WhWc_bbe" Z_h[Yjeh [d# YWh]WZe Z[ bW :_h[YY_Â&#x152;d Z[ IW# bkZ Z[ ?cXWXkhW" Yec[djÂ&#x152; gk[ ^WijW [b cec[dje de i[ ^Wd dej_Ă&#x2019;YWZe YWiei Z[ Z[d]k[ W Z_\[h[dY_W Z[b WÂ&#x2039;e Wdj[h_eh$ ;d [b (&'' [d ?cXWXkhW i[ h[]_ijhWhed jh[i YWiei Z[ Z[d]k[ o Y_dYe Z[ cWbWh_W$ ;b fhe\[i_edWb Yec[djÂ&#x152; gk[ bW [d# \[hc[ZWZ i[ fh[i[djW ZkhWdj[ jeZe [b WÂ&#x2039;e" f[he Wkc[djW [d bW Â&#x192;feYW Z[ _dl_[hde$ Bei bk]Wh[i fheYb_l[i fWhW YedjhW[hbWi [d bW fhel_dY_W" i[# ]Â&#x2018;d @WhWc_bbe" ied bW fWhhegk_W hkhWb Z[ B_jW o BW 9Wheb_dW" YWdjÂ&#x152;d ?XWhhW" Z[X_Ze W gk[ [i# j|d kX_YWZWi [d pedWi ikXjhe# f_YWb[i gk[ ^WY[ gk[ fheb_\[h[

23.ĹŠ8 ĹŠ-.ĹŠ5 +#Ä&#x201D;ĹŠ#23.ĹŠ 04(#1#ĹŠ4-ĹŠ! , (.ĹŠ 3.3 +ĢŊ

Ä&#x201C;ĹŠ (+3.-ĹŠ 1 ,(++.Ä&#x201D;ĹŠ "(1#!3.1ĹŠ#-! 1% ".ĹŠ"#ĹŠ+ ĹŠ (1#!!(¢-ĹŠ "#ĹŠ +4"ĹŠ"#ĹŠ , 41 Ä&#x201D;ĹŠ1#!.,(#-" ĹŠ ,#"(" 2ĹŠ'(%(_-(! 2ĹŠ/ 1 ĹŠ#5(3 1ĹŠ+ ĹŠ /1#2#-!( ĹŠ"#ĹŠ,.204(3.2Ä&#x201C;ĹŠ

Kd YWh]Wc[dje Z[ WokZWi jÂ&#x192;Yd_# YWi fWhW bWi f[hiedWi Yed YWfW# Y_ZWZ[i [if[Y_Wb[i bb[]Â&#x152; W ?cXW# XkhW$ 9Whbei HeZhÂ&#x2021;]k[p" ikXi[Yh[# jWh_e Z[ bW L_Y[fh[i_Z[dY_W Z[ bW H[fÂ&#x2018;Xb_YW" Yec[djÂ&#x152; gk[ bWi Wok# ZWi jÂ&#x192;Yd_YWi Z[ bW C_i_Â&#x152;d Ieb_ZW# h_W CWdk[bW ;if[`e [ij|d Yec# fb[jWi o i[h|d h[fWhj_ZWi W bei X[d[Ă&#x2019;Y_Wh_ei Z[iZ[ bW fhÂ&#x152;n_cW i[cWdW [d ?XWhhW o Wb h[ije Z[ YWdjed[i" Z[ WYk[hZe W kdW b_ijW o kd Yhede]hWcW [ijWXb[Y_Ze$ ;b \kdY_edWh_e Z_`e gk[ c|i h[gk[h_Ze feh bei Z_iYWfWY_jW# Zei ied i_bbWi Z[ hk[ZWi" YWcWi" YebY^ed[i o a_Zi Wdj_[iYWhWi"

Ä&#x201C;ĹŠ ĹŠ (2(¢-ĹŠ -4#+ ĹŠ 2/#).ĹŠ 84" ĹŠ ĹŠ+ 2ĹŠ/#12.- 2ĹŠ!.-ĹŠ"(2! / !(Äą " "Ä&#x201C;ĹŠ

fWhW bWi f[hiedWi gk[ [ij|d _d# cel_b_pWZWi$ 7i_c_ice ^_pe kd bbWcWZe W bei Yk_ZWZeh[i e gk_[# d[i [ijÂ&#x192;d W YWh]e Z[ bei Z_iYWfW# Y_jWZei" gk[ YkWdZe i[ fheZkpYW kdW ck[hj[" i[ Yeckd_gk[d Z[ bkd[i W Zec_d]e Wb '.&& (,(,(, ]hWjk_je fWhW Wi[iehWhb[i ieXh[ bei jhWc_j[i gk[ Z[X[d ^WY[h fWhW h[Y_X_h WokZW$


Ä&#x2026;

Ĺ? Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

1#"(.2ĹŠ!.-ĹŠ !#11 ,(#-3.2

Ĺ&#x2014;ĹŠ ĹŠĹŠ9ed [b eX`[je Z[ c[`ehWh bWi YedZ_Y_ed[i Z[ bW khX["

W jhWlÂ&#x192;i Z[ bW h[Ykf[hWY_Â&#x152;d Z[ bW _cW][d o [b ehdWje" bW 9ec_iWh_W Z[ 9edijhkYY_e# d[i Z[b Ckd_Y_f_e Z[ ?XWhhW" h[Wb_pW h[Yehh_Zei" _Z[dj_Ă&#x2019;# YWdZe W bei fh[Z_ei gk[ de Yk[djWd Yed Y[hhWc_[djei" WY[hWi o XehZ_bbei$ 7b[n_i IWbWpWh" dk[le Yec_iWh_e" Ykcfb[ Yed bW Z_ifei_Y_Â&#x152;d gk[ Z[j[hc_dW bW b[o fWhW [`[hY[h [b Yedjheb ieXh[ [b kie o eYkfWY_Â&#x152;d Z[b ik[be [d [b YWdjÂ&#x152;d$

. )-Ĺ&#x2039;*),Ĺ&#x2039; &Ĺ&#x2039; " 3Ĺ&#x2039;*# (Ĺ&#x2039; ./ &#4 #Â&#x161;(Ĺ&#x2039; &Ĺ&#x2039; . -.,) Ä&#x201C;ĹŠ 2ĹŠÄ&#x160;Ä?ĹŠ/#12.- 2ĹŠ $#!3 " 2ĹŠ/.1ĹŠ#+ĹŠ/1.8#!3.ĹŠ2#ĹŠ1#4-(#1.-ĹŠ 8#1ĹŠ#-ĹŠ+ 2ĹŠ(-23 + !(.-#2ĹŠ"#+ĹŠ1#!(-3.ĹŠ$#1( +ĹŠ"#ĹŠ 2./1 -Ä&#x201C;ĹŠ

#/1#2#-3 -3#2ĹŠ"#ĹŠÄ&#x160;Ä?ĹŠ/#12.- 2ĹŠ $#!Äą 3 " 2ĹŠ/.1ĹŠ#+ĹŠ, !1.ĹŠ/1.8#!3.ĹŠ#-ĹŠ 1!4Äą 04~Ä&#x201D;ĹŠ %.3 -ĹŠ+ 2ĹŠĂ&#x152;+3(, 2ĹŠ(-23 -!( 2Ä&#x201C; Ä&#x203A;ĹŠ7 jhWlÂ&#x192;i Z[ kdW hk[ZW

[bbW YecfhWd bWi j_[hhWi$ Ă&#x2020;De Z[ fh[diW" bei W\[YjWZei Z_[hed W [ijWcei [d YedjhW Z[ bW 9_kZWZ Z[b 9edeY_c_[dje" e`Wb| i[ YedeY[h ik cWb[ijWh Wdj[ YkcfbW" f[he gk[ de dei bei jh|c_j[i o fheY[iei gk_j[d c_i[hWXb[c[dj[ gk[ i[ h[Wb_pWd [d XWi[ W bei gk[ i[ ^W bkY^WZe jeZW bW YedijhkYY_Â&#x152;d Z[b FbWd bW l_ZWĂ&#x2021;" cWd_\[ijÂ&#x152;$ OWY^Wo$ KdW Z[ [bbWi [i 7b[`WdZhe FedY[" WXe# C[hY[Z[i FWifk[b" gk_[d ĹŠ ! 3 231 ".2ĹŠ!.-Äą \k[ dej_\_YWZW ^WY[ c|i 23 -ĹŠ#-ĹŠ#+ĹŠ1#%(2Äą ]WZe Z[ bei W\[YjWZei" [n# Z[ Zei c[i[i fWhW [nfhe# 31.ĹŠ"#+ĹŠ 4-(!(/(.ĹŠ fb_YÂ&#x152; gk[ [d jejWb ied ., "#ĹŠ 1!404~ fhef_[jWh_ei Z[ fh[Z_ei f_Wh ik j[hh[de$ Ik fh[Z_e \ehcW fWhj[ Z[ bWi YkWjhe W]hÂ&#x2021;YebWi [YedÂ&#x152;c_YWc[d# c_b (-& ^[Yj|h[Wi" ZedZ[ j[ WYj_lWi$ ?dZ_YÂ&#x152; gk[ ^WY[ ĹŠ i[ Yedijhk_h| bW 9_kZWZ lWh_Wi i[cWdWi _dj[djWd ,(++.-#2ĹŠ"#ĹŠ Z[b 9edeY_c_[dje$ Z_Wbe]Wh Yed bWi Wkjeh_# "¢+ 1#2ĹŠ#2ĹŠ#+ĹŠ ;bbW Yk[djW Yed jh[i !.23.ĹŠ"#+ĹŠ/+ -ĹŠ ZWZ[i i_d Â&#x192;n_je Wb]kde$ ;b !' 8Ä&#x201C; ^[Yj|h[Wi Z[ j[hh[de" gk[ eX`[j_le [i bb[]Wh W kd fhe# bWi WZgk_h_Â&#x152; ^WY[ Zei Y[ie Z[ d[]eY_WY_Â&#x152;d Yed bW WÂ&#x2039;ei" Yed b|]h_cWi [d bei e`ei I[Yh[jWh_W Z[ =[ij_Â&#x152;d ?dceX_b_W# dWhhÂ&#x152; [b iWYh_Ă&#x2019;Y_e gk[ \k[ fWhW h_W" ?dceX_b_Wh$ 7i[]khÂ&#x152; gk[ i[

Ä&#x2018;ĹŠÄ&#x2030;Ä&#x2030;Ä&#x2021;

#1( ĹŠ#"4! 3(5

Ĺ&#x2014;ĹŠ ĹŠĹŠ>eo" bW I[Yh[jWhÂ&#x2021;W DWY_e# dWb Z[ ;ZkYWY_Â&#x152;d Ikf[h_eh

9_[dY_W" J[Ydebe]Â&#x2021;W [ ?dde# lWY_Â&#x152;d I[d[iYoj " h[Wb_pW bW N [nfe\[h_W Z[ kd_l[hi_ZW# Z[i [d [b Yeb[]_e DWY_edWb ?XWhhW" Z[iZ[ bWi &.0)&$ 7kjeh_ZWZ[i beYWb[i" fhe# l_dY_Wb[i o [ijkZ_Wdj[i Z[ bWi Z_ij_djWi kd_l[hi_ZWZ[i o Yeb[]_ei Z[ bW fhel_dY_W" [i# jWh|d fh[i[dj[i [d [b [l[dje$ ;b eX`[j_le [i ZWh W YedeY[h [b dk[le i_ij[cW Z[ WZc_# i_Â&#x152;d W bWi kd_l[hi_ZWZ[i$

1.8#!3.ĹŠ , (#-3 +

Ĺ&#x2014;ĹŠ ĹŠĹŠ>eo" [d [b WkZ_jeh_e Ced# i[Â&#x2039;eh B[ed_ZWi FheWÂ&#x2039;e" i[

h[Wb_pWh| bW fh[i[djWY_Â&#x152;d Z[b I_ij[cW Z[ ?d\ehcWY_Â&#x152;d 7cX_[djWb IK?7 " fhefk[i# je feh [b C_d_ij[h_e Z[b 7c# X_[dj[$ ;b eX`[j_le Z[b [l[dje [i ZWh W YedeY[h bei fheY[# Z_c_[djei fWhW bW eXj[dY_Â&#x152;d Z[ Ă&#x2019;Y^Wi o b_Y[dY_Wi WcX_[d# jWb[i gk[ i[ ][ij_ed[i [d bei Z_ij_djei fheo[Yjei o fbWd[i$ BW Y_jW [i W bWi &.0&&$

Ä&#x2030;Ä&#x2021;

ĹŠ1#5 +.1(9 !(¢-ĹŠ #23;ĹŠ#-ĹŠ/1.!#2. Ĺ&#x2014;ĹŠĹŠ

#+2.-ĹŠ _+(7Ä&#x201D;ĹŠ +! +"#ĹŠ"#ĹŠ 1!404~Ä&#x201D;ĹŠ "().ĹŠ04#ĹŠ2#ĹŠ31 ) ĹŠ#-ĹŠ+ ĹŠ !34 +Äą (9 !(¢-ĹŠ! 3 231 +ĹŠ"#ĹŠ+.2ĹŠ/1#"(.2Ä&#x201D;ĹŠ/ 1 ĹŠ #++.ĹŠ2.+(!(3 1.-ĹŠ+ ĹŠ!.+ .1 !(¢-ĹŠ"#+ĹŠ . (#1-.ĹŠ 1.5(-!( +Ä&#x201D;ĹŠ 4-(!(/(.2ĹŠ "#ĹŠ 11 Ä&#x201D;ĹŠ (1 ĹŠ8ĹŠ .3 ! !'(Ä&#x201C;ĹŠ -"(!¢Ŋ 04#ĹŠ#+ĹŠÄ?ĹŠ"#ĹŠ$# 1#1.ĹŠ!4+,(- ĹŠ#+ĹŠ/+ 9.ĹŠ / 1 ĹŠ+ 2ĹŠ/1(,#1 2ĹŠÄ&#x2030;Ä&#x2018;ĹŠ-.3(Ä&#x192;! !(.-#2ĹŠ 8ĹŠ/.1ĹŠ#++.ĹŠ2#ĹŠ1# +(9 ĹŠ#+ĹŠ31;,(3#ĹŠ+.ĹŠ ,;2ĹŠ/1.-3.ĹŠ/.2( +#ĹŠ/ 1 ĹŠ /1. 1ĹŠ+ ĹŠ .1"#- -9 ĹŠ!.-ĹŠ#+ĹŠ 5 +4¢Ŋ! 3 231 +ĹŠ 04#ĹŠ"#3#1,(- ĹŠ#+ĹŠ ..3 "Ä&#x201C;ĹŠ -2(23(¢Ŋ#-ĹŠ04#ĹŠ#+ĹŠ/1.8#!3.ĹŠ$4#ĹŠ 2.!( +(9 ".ĹŠ#-ĹŠ3." 2ĹŠ+ 2ĹŠ(-23 -!( 2Ä&#x201C;ĹŠ 7/1#2¢Ŋ04#ĹŠ+ ĹŠ#,/1#2 ĹŠ -,. (+( 1ĹŠ #2ĹŠ04(#-ĹŠ2#ĹŠ#-! 1% 1;ĹŠ"#ĹŠ1# +(9 1ĹŠ + 2ĹŠ-#%.!( !(.-#2Ä&#x201D;ĹŠ+4#%.ĹŠ"#ĹŠ04#ĹŠ#+ĹŠ 4-(!(/(.ĹŠ !34 +(!#ĹŠ#+ĹŠ5 +.1ĹŠ"#ĹŠ+.2ĹŠ /1#"(.2Ä&#x201C;ĹŠÄĄ .ĹŠ/4#".ĹŠ/.-#1+#ĹŠ/1#!(.ĹŠ ĹŠ+ ĹŠ5.+4-3 "ĹŠ"#ĹŠ! " ĹŠ/1./(#3 1(.ĢÄ&#x201D;ĹŠ 1#! +!¢Ä&#x201C;

(Ĺ&#x2039; , ( #- )Ĺ&#x2039; - Ĺ&#x2039;*, * , Ĺ&#x2039; * , Ĺ&#x2039; ( , (. ,Ĺ&#x2039; - -., -

Ĺ&#x2039;/( (Ĺ&#x2039;* , Ĺ&#x2039; 0#. ,Ĺ&#x2039;*,) & ' )(Ĺ&#x2039; &Ĺ&#x2039;! -Ĺ&#x2039; @eiÂ&#x192; <hWdYe" Z_h[Yjeh h[]_edWb Z[ >_ZheYWhXkhei" Z_e W YedeY[h gk[ i[ h[Wb_pWd bWi YeehZ_dWY_e# d[i fWhW cWdj[d[h WXWij[Y_ZW W bW fhel_dY_W$ ?dZ_YÂ&#x152; gk[ i[ Yed# jhebW bW l[djW o Z_ijh_XkY_Â&#x152;d Z[b ]Wi Z[ kie ZecÂ&#x192;ij_Ye" fWhW [l_jWh bW [if[YkbWY_Â&#x152;d o [b Z[iWXWij[Y_# c_[dje$ Ă&#x2020;I[]Â&#x2018;d Wb]kdei _d\eh# c[i YedeY[cei gk[ [b ]Wi [ij| Z[il_|dZei[ o de bb[]W Wb ^e]Wh" i_de gk[ lWd W h[ijWkhWdj[i Z[ fh_c[hW YWj[]ehÂ&#x2021;W" i[]kdZW" f_i# Y_dWi [ _dZkijh_WiĂ&#x2021;" cWd_\[ijÂ&#x152;$ I[Â&#x2039;WbÂ&#x152; gk[ ^WY[ Zei WÂ&#x2039;ei [b YedjhWXWdZe i[ \eYWb_pW [d bW fhel_dY_W Z[b 9WhY^_ o W^ehW jhWXW`Wd [d ?cXWXkhW$ IeXh[ bW _cfb[c[djWY_Â&#x152;d Z[ bWi jWh`[jWi _dj[b_][dj[i [d bW fhel_dY_W" Z_`e gk[ i[ WdWb_pW [b fbWd" f[he de be Wi[]khÂ&#x152;$ 9ec[djÂ&#x152; gk[ i[ h[Wb_# pWd [lWbkWY_ed[i o [ijkZ_ei fWhW

fh[i[djWd jhWXWi XkheYh|j_YWi gk[ fhel_[d[d Z[b Ckd_Y_f_e Z[ KhYkgkÂ&#x2021;$ Ă&#x2020;F[i[ W bW [n_ij[d# Y_W Z[ Z_ifei_Y_ed[i b[]Wb[i gk[ b[ _cfed[d Wb 9WX_bZe" h[Wb_pWh WlWbÂ&#x2018;ei W fh[Y_e Yec[hY_Wb" i[ fheY[ZWd bWi d[]eY_WY_ed[i o [b [l[djkWb fW]e Z[ bWi _dZ[cd_pW# Y_ed[i feh bWi [nfhef_WY_ed[i" de i[ ^W Ykcfb_ZeĂ&#x2021;" cWd_\[ijÂ&#x152;$ FedY[ WYbWhÂ&#x152; gk[ ik fh_dY_fWb h[YbWce [i gk[ de i[ jhWj[ Z[ _c# fed[h fh[Y_ei gk[ Â&#x2018;d_YWc[dj[ X[d[Ă&#x2019;Y_[d Wb [dj[ fÂ&#x2018;Xb_Ye$ H[# YbWcÂ&#x152; [b i_b[dY_e Z[ bW [cfh[iW ?dceX_b_Wh" bW \WbjW Z[ ieY_Wb_pW# Y_Â&#x152;d ieXh[ [b lWbeh Z[ bei fh[Z_ei o ieb_Y_jWd _d\ehcWY_Â&#x152;d ieXh[ bei [ijkZ_ei jÂ&#x192;Yd_Yei o WcX_[djWb[i$ Ă&#x2020;9h[[cei gk[ i_ bWi Wkjeh_# ZWZ[i h[if[jWd bW b[o" [ije i[h| fei_Xb[Ă&#x2021;" [nfh[iÂ&#x152;$ CWhYe Ă&#x203A;l_# bW" fh[i_Z[dj[ Z[b 9ec_jÂ&#x192; Z[ bei 7\[YjWZei" h[YWbYÂ&#x152; gk[ [b i[Yjeh Z[ij_dWZe Wb OWY^Wo i[ [dYk[d# jhW [d fb[dW fheZkYY_Â&#x152;d$

Ä&#x201C;ĹŠ 2ĹŠ(-23(34!(.-#2ĹŠ04#ĹŠ / 13(!(/ -ĹŠ#-ĹŠ+.2ĹŠ!.-31.+#2ĹŠ2.-ĹŠ+ 2ĹŠ 4#19 2ĹŠ 1, " 2Ä&#x201D;ĹŠ Ä&#x201D;ĹŠ .+(!~ Ä&#x201D;ĹŠ "4 - Ä&#x201D;ĹŠ Ä&#x201D;ĹŠ#-31#ĹŠ.31.2Ä&#x201C;ĹŠ

Wfb_YWh bW fhefk[ijW [d [b YWdjÂ&#x152;d EjWlWbe" f[he h[YWbYÂ&#x152; gk[ de [i dWZW i[]khe$ 7i[]khÂ&#x152; gk[ bW h[[ijhkYjk# hWY_Â&#x152;d Z[ Ykfei iÂ&#x2021; i[ lW W ZWh [d ?cXWXkhW f[he Z[ \ehcW fWkbWj_dW$ Ă&#x2020;;ijWcei jhWXW`WdZe fWhW iWb_h WZ[bWdj[" iWX[cei gk[ 9WhY^_ [ ?cXWXkhW d[Y[i_jWd ik YecXkij_Xb[ o feh [ie ^Wo gk[ YebWXehWh [djh[ jeZeiĂ&#x2021;" [nfh[iÂ&#x152;$ ?dZ_YÂ&#x152; gk[ bWi f[hiedWi fk[Z[d h[Wb_pWh bWi Z[dkdY_Wi Z_h[YjW# c[dj[ W bW 7][dY_W H[]_edWb Z[ >_ZheYWhXkhei e W jhWlÂ&#x192;i Z[ bW f|]_dW m[X$

Bei h[fh[i[djWdj[i Z[ bei XWhh_ei o Z[b Z_h[Yjeh_e Z[b 9ec_jÂ&#x192; Z[ Ef[hWY_ed[i Z[ ;c[h][dY_W 9E; Z[ bW @kdjW FWhhegk_Wb Z[ IWd <hWdY_iYe Z[ ?XWhhW" fWhj_Y_fWhed [d [b jWbb[h Z[ =[ij_Â&#x152;d Z[ H_[i]ei$ ;b eX`[j_le \k[ YecfWhj_h Yed# Y[fjei X|i_Yei fWhW WYjkWb Wdj[ [c[h][dY_Wi" Wc[dWpWi" h_[i# ]ei o Z[iWijh[i$ 7Z[c|i i[ Z_e W YedeY[h Yece [ij| [ijhkYjk# hWZe [b 9E; fWhhegk_Wb$ ;d bW WYj_l_ZWZ [ijkl_[hed fh[i[dj[i bei h[fh[i[djWdj[i Z[ bWi Yeckd_ZWZ[i Z[b fhe# o[Yje HeiWb Z[ bWi CWbl_dWi" IWd ;ZkWhZe" IWdjW HeiW Z[b J[`Wh" ;b J[`Wh" BW L_Yjeh_W o @WhZ_d[i Z[ EZ_bW o h[fh[i[d# jWdj[i Z[b fheo[Yje Z[ Fh[fW# hWY_Â&#x152;d fWhW :[iWijh[i Z[ ?XW#

Ä&#x201C;ĹŠ #/1#2#-3 -3#2ĹŠ"#ĹŠ+.2ĹŠ "($#1#-3#2ĹŠ 11(.2Ä&#x201D;ĹŠ/ 13(!(/ 1.-ĹŠ#-ĹŠ #+ĹŠ3 ++#1Ä&#x201C;ĹŠ

hhWĂ&#x201E;F_cWcf_he$ Bk[]e i[ h[Wb_pÂ&#x152; bW i_ckbW# Y_Â&#x152;d Z[ [l[djei WZl[hiei Yece j[hh[ceje" Z[ib_pWc_[djei" _dY[dZ_ei" _dkdZWY_Â&#x152;d" l_[d# jei \k[hj[i" [djh[ ejhei$ 7bbÂ&#x2021; i[ Wfb_YWhed fhejeYebei Z[ WYjkW# Y_Â&#x152;d fWhW i_jkWY_ed[i Z[ [c[h# ][dY_W e Z[iWijh[ Yed [b Wfeoe Z[b [gk_fe jÂ&#x192;Yd_Ye Z[ bW 9hkp He`W ;YkWjeh_WdW o Z[b 9k[hfe Z[ 8ecX[hei Z[ ?XWhhW$


Ĺ&#x2039; Ĺ&#x2039; Ĺ&#x2039;

Ĺ&#x2039; 5 Ĺ&#x2039; 5 Ĺ&#x2039; +ĹŠ31 ).ĹŠ8ĹŠ + 2ĹŠ #-"(!(.Äą -#2ĹŠÄ&#x201E;ĹŠ.1#!#-Ä&#x201D;ĹŠ 1 9¢-ĹŠ/.1ĹŠ+ ĹŠ !4 +ĹŠ-.ĹŠ' 8ĹŠ -3(2.!( +#2Ä&#x201C;

bcebed]W =kWj[# cWbW [i kdW Ye# ckd_ZWZ WX_[hjW W bW Ykh_ei_ZWZ Z[ bei Y_[djÂ&#x2021;Ă&#x2019; Yei gk[ ^Wd bb[]WZe W _d# l[ij_]Wh feh gkÂ&#x192; WbbÂ&#x2021; i[ fheZkY[d eY^e Yei[Y^Wi Wb WÂ&#x2039;e o bWi \hk# jWi o bei l[][jWb[i ied ]_]Wdj[i" c_[djhWi bWi YkWjhe Y|hY[b[i f[h# cWd[Y[d Y[hhWZWi feh YWh[dY_W Z[ f[hiedWi YedZ[dWZWi$ BW Â&#x2018;d_YW hWpÂ&#x152;d gk[ fkZ_[hW [nfb_YWh jWb YecfehjWc_[dje [i gk[ [b /. Z[ iki ^WX_jWdj[i [ij|d Yedl[hj_Zei Wb ;lWd][b_e" YkWdZe bW feXbWY_Â&#x152;d" Yed kdWi '. c_b f[hiedWi" (+ WÂ&#x2039;ei Wjh|i l_lÂ&#x2021;W [d bW _ZebWjhÂ&#x2021;W o bW feXh[pW$ C_[djhWi bW ?]b[i_W WbbÂ&#x2021; [hW [dZ[# Xb[" bW j_[hhW de [hW Wfhel[Y^WZW fWhW [b Ykbj_le Z[ Wb_c[djei o [b Â&#x2021;dZ_Y[ Z[ WbYe^eb_ice [ijWXW cko [b[lWZe$ I[]Â&#x2018;d [b [ijkZ_e" be Â&#x2018;d_Ye Z_\[h[dj[ [d 7bcebed]W [i gk[ bW ][dj[ Yec[dpÂ&#x152; W Yedl[hj_h# i[ Wb [lWd][b_e W fWhj_h Z[ '/-*" YkWdZe Yec[dpWhed W eYkhh_h kdW i[h_[ Z[ c_bW]hei [d [b fk[# Xbe Yece [b YWie Z[ kd fWijeh Z[ decXh[ =[dWhe H_iYW`Y^[" gk_[d \k[hW iWdWZe Z[ kdW Y_hhei_i" o gk[ kdW `el[d h[ikY_jWhW bk[]e

Ä&#x2020; 0%!),+ (! 01. Ä Ä&#x2020;Ĺ?)%*Ä&#x2039;

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? Ĺ? ÄĄ

Ä&#x201C;ĹŠ 2ĹŠ4-ĹŠ,4-(!(/(.ĹŠ8ĹŠ4-ĹŠ$_13(+ĹŠ5 ++#ĹŠ"#+ĹŠ"#/ 13 ,#-3.ĹŠ"#ĹŠ 4 3#, +

Z[ jh[i ^ehWi Z[ ^WX[h ck[hje$ HWped[i gk[ bb[lWhed bW ][d# j[ W Z[`Wh Wjh|i bei l_[`ei l_Y_ei o Z[Z_YWhi[ Wb [ijkZ_e Z[ bWi IW# ]hWZWi ;iYh_jkhWi o W Ykbj_lWh kdW WYj_jkZ l_hjkeiW$ #3 ++#2 :[ W WYk[hZe W C_]k[b =Wb|d Hk_p" ^WX_jWdj[ Z[b fk[Xbe" Ă&#x2020;fWhW iehfh[iW Z[ bei Y_[djÂ&#x2021;Ă&#x2019; Yei" gk_[# d[i ^Wd l[d_Ze Z[ lWh_Wi fWhj[i Z[b ckdZe W l[h [b c_bW]he Z[ \hkjei o l[][jWb[i ]_]Wdj[iYei" bW j_[hhW de lWhÂ&#x2021;W Z[ d_d]kdW ejhW" d_ j_[d[ dWZW [if[Y_Wb$ Be Z_ij_d# je [i gk[ :_ei ^W iWdWZe [iW j_[# hhW o bW ^W X[dZ[Y_ZeĂ&#x2021;$ IWd F[Zhe 7bcebed]W [i kde Z[ bei (* ckd_Y_f_ei Z[b :[fWh# jWc[dje Z[ Gk[jpWbj[dWd]e" i_# jkWZe jWd iebe W Y_dYe a_bÂ&#x152;c[jhei Z[ bW YWX[Y[hW Z[fWhjWc[djWb" bW Y_kZWZ Z[ Gk[jpWbj[dWd]e$ ;b decXh[ Z[ 7bcebed]W [i Z[ eh_][d d|^kWjb o i_]d_Ă&#x2019; YW Ă&#x2C6;bk]Wh ZedZ[ XhejW [b W]kWĂ&#x2030;" WZk# Y_[dZe W bWi \k[dj[i j[hcWb[i Yed gk[ Yk[djW$ Eh_]_dWbc[dj[ i[ b[ YedeYÂ&#x2021;W Yece Ă&#x2C6;_dZÂ&#x2021;][dW Z[ IWafeb_W^Ă&#x2030;" o \ehcWXW fWhj[ Z[b j[hh_jeh_e Z[ Ejpeo|$ ;b Ckd_#

-3#2ĹŠ8ĹŠ"#2/4_2ĹŠ "#ĹŠ+ ĹŠ"_! " ĹŠ "#ĹŠ+.2ĹŠ2#3#-3 Ĺ&#x2014;ĹŠĹŠ -3#2ĹŠ"#ĹŠ2#1ĹŠ5(2(3 " ĹŠ/.1ĹŠ#+ĹŠ/."#1ĹŠ "#ĹŠ (.2Ä&#x201D;ĹŠ#1 ĹŠ4-ĹŠ+4% 1ĹŠ(-5 "(".ĹŠ/.1ĹŠ#+ĹŠ 3#,.1Ä&#x201D;ĹŠ"#,.-(.2Ä&#x201D;ĹŠ/. 1#9 Ä&#x201D;ĹŠ(".+ 31~ ĹŠ 8ĹŠ24ĹŠ! 1 !3#1~23(! ĹŠ/1(-!(/ +ĹŠ#1 ĹŠ #+ĹŠ+#3 1%.ĹŠ(-"4!(".ĹŠ/.1ĹŠ#+ĹŠ +!.'.+Ä&#x201D;ĹŠ $143.ĹŠ"#ĹŠ2#15(1ĹŠ ĹŠ4-ĹŠ~".+.ĹŠ++ , ".ĹŠ 7(,¢-Ä&#x201C;

ĹŠ ĹŠ Ä&#x2013;ĹŠ Ä&#x201C;

+%4(#-ĹŠ++ ,¢Ŋ ĹŠ4-ĹŠ/#11.ĹŠ#-ĹŠ4- ĹŠ!4 31(,.3.Ä&#x;ĹŠ 4#-.Ä&#x201D;ĹŠ-.ĹŠ(,/.13 Ä&#x201D;ĹŠ 3.".2ĹŠ ĹŠ4-ĹŠ+ ".ĹŠ04#ĹŠ '~ĹŠ5(#-#ĹŠ8ĹŠ-.ĹŠ#2ĹŠ,48ĹŠ 4#-.ĹŠ/ 1 ĹŠ, -#) 1Ä&#x201C;ĹŠ 4#ĹŠ 4#- ĹŠ$.3.ĹŠ!41(.2 Ä&#x201D;ĹŠÄ -.ĹŠ+#2ĹŠ/ 1#!#Ä&#x;

Y_f_e [i Z[ iebe (& a_bÂ&#x152;c[jhei YkWZhWZei" i[ [dYk[djhW W kdW WbjkhW Z[ ( c_b (+& c[jhei ieXh[ [b d_l[b Z[b cWh o [i YhkpWZe feh [b hÂ&#x2021;e 9^_dWc| e ;b 9WÂ&#x2039;Wb$ ;ij[ fk[Xbe fheZkY[ \beh[i Ă&#x2019; dWi o ]WdWZe bWdWh" WZ[c|i Z[ bWi l[hZkhWi" ik fh_dY_fWb fhe# ZkYje$ ;b -' Z[ ik fheZkYY_Â&#x152;d [i W]hÂ&#x2021;YebW o i[ [ij_cW gk[ bW fhe# ZkYY_Â&#x152;d Z[ l[hZkhWi ikf[hW bei G'+& c_bbed[i WdkWb[i$ ;b h[ije Z[ ik [YedecÂ&#x2021;W i[ _diYh_X[ [d [b Yec[hY_e o bW YedijhkYY_Â&#x152;d$ ĹŠ ĹŠ 1 ĹŠ+ ĹŠ2#!!(¢!41(.2.Äž+ '.1 Ä&#x201C;!.,Ä&#x201C;#!

% 1;ĹŠ+ 2ĹŠ"#4" 2ĹŠ"#ĹŠ 2(#3#ĹŠ,(+ĹŠ!(4" " -.2ĹŠ

Kd fh[i_Z[dj[ Z[i[cXebiWh| Ă&#x2C6;Z[ifh[dZ_ZeĂ&#x2030; `[gk[ [c_hWjÂ&#x2021; @Wb_# kdei +*+ c_bbed[i Z[ ZÂ&#x152;bWh[i \W X[d PWo[Z 7b DW^oWd" gk_[d fWhW iWbZWh bei Yecfhec_iei ^Wh| be gk[ oW i[ Yec[djÂ&#x152; Wdj[# hehc[dj[$ Ă&#x2019; dWdY_[hei Z[ bei Y_kZW# ZWdei$ JWcX_Â&#x192;d b_X[hWh| ĹŠĹŠ -3#!#"#-3#2 W bei [dYWhY[bWZei feh 7b DW^oWd ehZ[dÂ&#x152; b_X[hWh Z[kZWi _cfW]Wi$ ;ijW f[hiedW" i[]Â&#x2018;d .2ĹŠ ,(1 3.2ĹŠ :1 #2ĹŠ -(".2Ä&#x201D;ĹŠ W Wgk[bbWi f[hiedWi [d# YWhY[bWZWi feh de ^WX[h bW W][dY_W eĂ&#x2019; Y_Wb M7C" 4-ĹŠ 23 ".ĹŠ ehZ[dÂ&#x152; iWbZWh jeZe fhÂ&#x192;i# /#31.+#1.Ä&#x201D;ĹŠ#2ĹŠ4-.ĹŠ "#ĹŠ+.2ĹŠ/ ~2#2ĹŠ!.-ĹŠ feZ_Ze fW]Wh iki Z[kZWi$ ;b ;ijWZe i[ ^Wh| YWh]e Z[ jWce Z[ kd cedje Z[ ),- ~-"(!#2ĹŠ"#ĹŠ (-%1#2.2ĹŠ/.1ĹŠ c_b ZÂ&#x152;bWh[i [ijWZekd_Z[d# ' (3 -3#ĹŠ,;2ĹŠ kdW fWhj[ Z[ [iei Yecfhe# c_iei o" [d YedjhWfWhj_ZW" i[i gk[ bei Y_kZWZWdei de #+#5 ".2ĹŠ"#+ĹŠ ,4-".Ä&#x201C;ĹŠ [iW ][dj[ Z[X[h| WXedWh ^WoWd feZ_Ze Ykcfb_h$ kdW YkWhjW fWhj[ Z[ iki Âľ:[ gk_Â&#x192;d Yh[[ gk[ [ij[cei ^WXbWdZe5 Âľ:[b Fh[i_# iWbWh_ei o Yecfhec[j[hi[ W de Z[dj[ Z[ ;ijWZei Kd_Zei" Z[b Z[ [dZ[kZWhi[ c|i$ I[]Â&#x2018;d M7C" bW c[Z_ZW W\[Y# CÂ&#x192;n_Ye" Z[b Z[ L[d[pk[bW$$$5 De i[ jhWjW Z[ 8WhWYa EXWcW" jWh| W ,$.)& f[hiedWi o [b ced# d_ Z[ <[b_f[ 9WbZ[hÂ&#x152;d" jWcfeYe je Wb gk[ WiY_[dZ[d iki Z[kZWi [i >k]e 9^|l[p" [i c|i X_[d [b [i Z[ ( c_b c_bbed[i Z[ Z_h^Wci

4#ĹŠ3.".2ĹŠ2#ĹŠ04(3#-ĹŠ"#ĹŠ ,(ĹŠ! ,(-.Ä&#x201C;Ä&#x201C;Ä&#x201C;ĹŠÄ&#x17E; '~ĹŠ+#2ĹŠ5.8Ä?ĹŠ

Ä&#x201C;ĹŠ #ĹŠ31 3 ĹŠ"#ĹŠ . 8ĹŠ (!*ĹŠ8ĹŠ2#ĹŠ5#-"#ĹŠ/.1ĹŠ,(+ĹŠ"¢+ 1#2

4 23 -ĹŠ-.5#+ ĹŠ#2!1(3 ĹŠ#-ĹŠ 1.++.2ĹŠ"#ĹŠ/ /#+ĹŠ'(%(_-(!. Ä&#x201C;ĹŠ +($ ĹŠ #-ĹŠ 8#"ĹŠ +ĹŠ Äą '8 -ĹŠ3(#-#ĹŠ/1#5(23.ĹŠ/ % 1ĹŠ/+ 3 ĹŠ )#- Ä&#x201C;

+*+ c_bbed[i Z[ ZÂ&#x152;bWh[i $ ;b `[gk[ ^WXÂ&#x2021;W WdkdY_WZe" [d del_[cXh[" bW Yh[WY_Â&#x152;d Z[ kd \edZe Z[ ($-&& c_bbed[i Z[ ZÂ&#x152;bWh[i fWhW WokZWh W bWi f[hie# dWi Yed f[gk[Â&#x2039;ei _d]h[iei fWhW iWbZWh iki fhÂ&#x192;ijWcei XWdYWh_ei _cfW]WZei$ Ä&#x201C;

BW \WceiW del[bW Z[ >[hcWd C[bl_bb[" CeXo :_Ya" [iYh_jW W c|gk_dW [d * hebbei o c[Z_e Z[ fWf[b ^_]_Â&#x192;d_Ye" ikf[hÂ&#x152; bei c_b ZÂ&#x152;bWh[i [d kdW ikXWijW Z[b i_j_e Z[ ?dj[hd[j [8Wo$ ;b l[dZ[Zeh [i kd [ijWZe# kd_Z[di[ gk[ Z[YbWhW ^WX[h i_Ze Z[iWĂ&#x2019; WZe feh kd Wc_]e W [iYh_X_h kd b_Xhe [d [i[ fWh# j_YkbWh \ehcWje$ 7^ehW gk[ \_dWb_pÂ&#x152; bW Wfk[ijW" o Yece fhk[XW Z[ bW jWh[W h[Wb_pWZW" ^W Z[Y_Z_Ze ikXWijWh ik eXhW [d ?dj[hd[j$ Ă&#x2020;JeZe Yec[dpÂ&#x152; Yece kdW

XhecW [djh[ deiejhei" f[he bk[]e oe c[ jecÂ&#x192; cko [d i[h_e [b Z[iWĂ&#x2019; Â&#x152;Ă&#x2021;" YedjÂ&#x152; J^[ >[ff# YWj" WfeZe feh [b Yk|b i[ ^WY[ bbWcWh [b `el[d gk[ jhWdiYh_X_Â&#x152; bW del[bW Z[ '.+' WY[hYW Z[ bW [fef[oW Z[ kd cWh_de fWhW YW# pWh W bW XWbb[dW ]_]Wdj[ gk[ ZW decXh[ Wb b_Xhe$ Feh ikfk[ije" bei hebbei Z[ fWf[b ^_]_Â&#x192;d_Ye ^Wd i_Ze ]kWh# ZWZei [d kdW YW`W h[\h_][hWZW o [d YedZ_Y_ed[i fWhW WbcWY[# dWhbei i_d gk[ ik\hWd bWi _dYb[# c[dY_Wi Z[b fWie Z[b j_[cfe$ Ä&#x201C;


§ Ä&#x2021; 0%!),+ (! 01. Ä Ä&#x2020;Ĺ?)%*Ä&#x2039;

Ĺ?Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

ĥ 2Ŋ(-5#23(Ĺ % !(.-#2Ŋ2.-Ŋ 31 -2/ 1#-Ĺ 3#2Ŋ8Ŋ#2.Ŋ% 1 -3(9 Ŋ 4-Ŋ 4#-Ŋ31 ).Ŋ / 1 Ŋ+ Ŋ/. + !(¢-Ŋ !(5(+Ģ Ŋ ^

ĹŠ ĹŠ } ĹŠ ĹŠ

ĹŠ+( #13 "ĹŠ #2ĹŠ4- ĹŠ !.-04(23 ĹŠ "#2# +#Ä&#x201D;ĹŠ/#1.ĹŠ "($~!(+Ä&#x201D;ĹŠ04#ĹŠ' 8ĹŠ04#ĹŠ 5.+5#1ĹŠ ĹŠ!.-2#%4(1ĹŠ ! " ĹŠ"~ ĢÄ&#x201C;ĹŠ ^ĹŠ ĹŠ

.ĹŠ#2ĹŠ! 24 +

BW Zhe]WZ_YY_Â&#x152;d [i bW _cf[h_e# iW d[Y[i_ZWZ gk[ kdW f[hiedW j_[d[ feh Yedikc_h jeZW YbWi[ Z[ Zhe]Wi$ ;ijW d[Y[i_ZWZ de Z[iWfWh[Y[" W f[iWh Z[ gk[ bW f[hiedW Yedikc_ZehW ik\hW Yedi[Yk[dY_Wi d[]Wj_lWi [d [b cec[dje Z[ Yedikc_hbWi e Z[ifkÂ&#x192;i Z[ Z[`Wh Z[ kiWhbWi$ ;b Zhe]WZ_Yje de feZhÂ&#x2021;W Z[`Wh Z[ Yedikc_h i_d ]hWd [i\k[h# pe o WokZW" ;ijW f[hiedW de feZh| l_l_h i_d f[diWh [d bWi Zhe]Wi$ Ik c[ceh_W \WbbWh| Wb _]kWb gk[ ik hWf_Z[p c[djWb o YWfWY_ZWZ Z[ ^WXbW$ BW \WbjW Z[ b[]Wb_pWY_Â&#x152;d Z[ Y_[hjWi Zhe]Wi" Yece bW YeYWÂ&#x2021;dW e bW ^[heÂ&#x2021;dW" de [i YWikWb$ Ik Yedikce ][d[hW l_eb[dY_W" _cfkbiW [b Yh_c[d o Z[`W W kdW ]hWd YWdj_ZWZ Z[ ][dj[ \k[hW Z[b i_ij[cW ieY_Wb$ 7b i[h _b[]Wb[i" bWi Zhe]Wi WZgk_[h[d kd ]hWd lWbeh [YedÂ&#x152;c_Ye$ Bei Zhe]W# Z_Yjei [ij|d Z_ifk[ijei W fW]Wh be gk[ i[W fWhW WYY[Z[h W bWi ikijWdY_Wi$ Feh [ie [b dWhYe# jh|Ă&#x2019; Ye fk[Z[ i[h kd d[]eY_e jWd h_[i]eie Yece bkYhWj_le$ 39'(1(ĹŠ 9 1#3'ĹŠ $1#9(+47Ä´)9#Äž'.3, (+Ä&#x201C;!.,

.+~3(! 2ĹŠ/Ă&#x152; +(! 2

7 f[iWh Z[ bei [i\k[hpei Z[b =eX_[hde feh YWcX_Wh [b ce# Z[be [YedÂ&#x152;c_Ye" [b fh_dY_fWb Z[iW\Â&#x2021;e e Z[kZW ieY_Wb i_]k[ i_[dZe Yedl[hj_h [d febÂ&#x2021;j_YWi fÂ&#x2018;Xb_YWi bWi iebkY_ed[i W bW feXh[pW" bW YehhkfY_Â&#x152;d bW _di[]kh_ZWZ `khÂ&#x2021;Z_YW" bW _di[# ]kh_ZWZ ieY_Wb" bW _di[]kh_ZWZ Y_kZWZWdW o [b h[if[je W bei Z[h[Y^ei [YedÂ&#x152;c_Yei" ieY_Wb[i" YkbjkhWb[i o ^kcWdei Z[iZ[ [b =eX_[hde o bWi [ijhkYjkhWi Z[ efei_Y_Â&#x152;d Wb hÂ&#x192;]_c[d" _dYbk_# Zei bei c[Z_ei Z[ Yeckd_YW# Y_Â&#x152;d$ LWh_ei fheo[Yjei [d ik _d_Y_e \k[hed Yedi_Z[hWZei [cXb[c|j_Yei e [ijh[bbW Z[b =eX_[hde$ ;d [b YWc_de lWh_ei Z[ [ijei ^Wd ik\h_Ze kd Z[ilÂ&#x2021;e Z[ eX`[j_lei" YedĂ&#x2019; hcWdZe gk[ bei YWcX_ei Z[ bW i_cfb[ dehcW Yedij_jkY_edWb e b[]Wb i_d febÂ&#x2021;j_YWi fÂ&#x2018;Xb_YWi Yed _Z[dj_ZWZ dWY_edWb de WfehjWd Wb YWcX_e h[lebkY_edWh_e$ -4#+ĹŠ .22.ĹŠĹŠ 4,;11 % "1/.22.Äž8 '..Ä&#x201C;!., ĹŠ ĹŠ ĹŠ Ä&#x2013; ! 13 2 +"(1#!3.1Äž+ '.1 Ä&#x201C;!.,Ä&#x201C;#! 2(++ ĹŠÄ&#x2C6;Ä?Ä&#x2C6;Ä?Ä&#x2030;Ä&#x152;Ä&#x160;ĹŠ ĹŠ.ĹŠ!4 +04(#1 ĹŠ "#ĹŠ-4#231 2ĹŠ %#-!( 2Ä&#x201C; #04(2(3.2Ä&#x2013;ĹŠ ., 1#2ĹŠ8ĹŠ /#++(".2ĹŠ!.,/+#3.2Ä&#x2014;ĹŠ-Ă&#x152;,#Äą 1.ĹŠ"#ĹŠ _"4+ Ä&#x2014;ĹŠ3#+_$.-.ŊĸÄ&#x192;ĹŠ).ÄšÄ&#x2014;ĹŠ"(1#!!(¢-ĹŠ".,(!(+( 1( ĹŠ .ĹŠ"#ĹŠ31 ).ĹŠ8ĹŠ!.11#.ĹŠ#+#!31¢-(!.Ä&#x201C;

Ĺ&#x2039; Ĺ&#x2039;

De fWiW kdW i[cWdW i_d gk[ Z[iZ[ [b bWZe Z[b =eX_[hde" i[ Z[d W YedeY[h YWZ[dWi dWY_edWb[i e iWXWj_dWi [d YedjhW Z[ gk_[d[i Yedi_Z[hWd iki [d[c_]ei [d bei c[Z_ei Z[ Yeckd_YWY_Â&#x152;d$ I[ b[i [nfed[ W kdW Z[iW\ehWZW l_eb[dY_W l[hXWb" gk[ de h[if[jW d_ ]Â&#x192;d[he d_ [ZWZ" gk[ ikij_jko[ hWped[i" ^[Y^ei o fhk[XWi Z[ Z[iYWh]e" feh [b eZ_e c|i _hhWY_edWb o l_hkb[dje$ I[ ^Wd lk[bje kd ^|X_je l[h]edpeie bei WjW# gk[i YedjhW bei f[h_eZ_ijWi gk[ i[ Wjh[l[d W YedjhWh_Wh bW eh_[djWY_Â&#x152;d febÂ&#x2021;j_YW e\_Y_Wb" fed[d Wb Z[iYkX_[hje bei fheXb[cWi ieY_Wb[i o [YedÂ&#x152;# c_Yei gk[ Wgk[`Wd Wb fWÂ&#x2021;i" Yh_j_YWd bW WYjkWY_Â&#x152;d Z[b HÂ&#x192;]_c[d [d YkWbgk_[h i[dj_Ze" bei [hheh[i e fei_Xb[i Yehhkfj[bWi Z[ \kdY_edWh_ei e Wb]Â&#x2018;d j_fe Z[ l_ebWY_Â&#x152;d W bW B[o e W bW 9edij_jkY_Â&#x152;d$ Kd eZ_e _deYkbjWXb[ i[ jhWdifWh[djW [d bWi h[i#

ĹŠ } ĹŠ ĹŠ

& ,)Ĺ&#x2039; &Ĺ&#x2039; * & #(Ĺ&#x2039; Ĺ&#x2039; & Ĺ&#x2039;&# ,. 9edeY[cei feh dk[ijhW ^_ijeh_W" gk[ 7b\Whe [hW [b FWbWZÂ&#x2021;d Z[ bW B_X[hjWZ o [b YWkZ_bbe Z[b FWhj_Ze B_X[hWb HWZ_YWb Z[b ;YkWZeh$ ;b Ă&#x201C; WcWdj[ =[d[hWb Zed ;beo 7b\W# he" \k[ fheYbWcWZe `[\[ Ikfh[ce Z[b FWhj_Ze B_X[hWb [b + Z[ `kd_e Z[ './+" o \k[ bbWcWZe _dc[Z_W# jWc[dj[ Z[ ik h[i_Z[dY_W [d [b [n# j[h_eh" bb[]WdZe [b =[d[hWb 7b\Whe W =kWoWgk_b" i[ fkie Wb \h[dj[ Z[ bWi \k[hpWi h[lebkY_edWh_Wi" Z[i# fkÂ&#x192;i Z[ l[dY[h W bWi jhefWi Z[b

fk[ijWi gk[ i[ ZWd YWZW kde$ ;d bW B[o H[\ehcWjeh_W Wb 9Â&#x152;Z_]e F[dWb [n_ij[ [b Z[b_je Z[ eZ_e$ 9ed [ijW j_f_\_YWY_Â&#x152;d i[ fh[Y_iW be f[h`kZ_Y_Wb gk[ [i fWhW bW ieY_[ZWZ [ij[ j_fe Z[ YedZkYjW$ BWi f[dWi Wb W]h[ieh feZhÂ&#x2021;Wd i[h Z[ i[_i c[i[i W jh[i WÂ&#x2039;ei Z[ fh_i_Â&#x152;d" Yece cÂ&#x2021;d_ce" i_ [i gk[ de ][d[hWd e Wb_[djWd WYjei Z[ l_eb[dY_W ZedZ[ h[ikbjWh[ ^[h_ZW Wb]kdW f[hiedW$ I_d [cXWh]e" Âľfeh gkÂ&#x192; de i[ Wfb_YW5 ÂľFeh gkÂ&#x192; iki lÂ&#x2021;Yj_cWi de bW kj_b_pWd [d ik Z[\[diW5 Âľ7YWie Z[ e\_Y_e de Z[X[hÂ&#x2021;Wd WYjkWh W ik \Wleh bWi _dij_jkY_ed[i bbWcWZWi W ^WY[hbe5 FWh[Y[ gk[ [b c_[Ze gk[ lW [djhed_p|dZei[ [d dk[ijhW ieY_[ZWZ W\[YjW oW W bei f[h`kZ_YWZei$ KdW l[h# ZWZ[hW jhW][Z_W" fehgk[ i_ [b c_[Ze i[ [nj_[dZ[ feh jeZW bW ieY_[ZWZ" de iÂ&#x152;be bW b_X[hjWZ o bW `ki# j_Y_W f[h[Y[h|d" i_de jWcX_Â&#x192;d bW [if[hWdpW$

=eX_[hde [d bei YecXWj[i [d IWd C_]k[b" 9^_cXe" IeYWXÂ&#x152;d" o =WjW# pe$ ;ijWi [ijWXWd YecWdZWZWi feh [b =[d[hWb @eiÂ&#x192; CWhÂ&#x2021;W IWhWij_ gk[ de efkie h[i_ij[dY_W$ 7b\Whe [djhe i_d Z_Ă&#x2019; YkbjWZW W bW YWf_jWb" fk[i [b [dYWh]WZe Z[ bW fbWpW Yed bWi feYWi \k[hpWi gk[ ^WXÂ&#x2021;W gk[ZWZe Z[ ]kWhd_Y_Â&#x152;d i[ ^WXÂ&#x2021;Wd h[j_hW# Ze Wb dehj[$ FWhj_Y_fÂ&#x152; [d ckY^Wi ^WpWÂ&#x2039;Wi ^_ijÂ&#x152;h_YWi l[dY_[dZe W iki efei_jeh[i" YkWdZe Wikc_Â&#x152; ik fh_c[h f[h_eZe fh[i_Z[dY_Wb YedYbkoe Yed iki Yecfhec_iei ieXh[ bW Yedj_dkWY_Â&#x152;d Z[ bWi eXhWi h[Wb_pWZWi Yece bW Z[b \[hheYWhh_b =kWoWgk_b# Gk_je" c[`ehÂ&#x152; bW [Ye# decÂ&#x2021;W fÂ&#x2018;Xb_YW o bei ik[bZei Z[ bei [cfb[WZei$ ;ijWXb[Y_Â&#x152; [b jWbÂ&#x152;d Z[ ehe Yed [b YkWb dk[ijhW ced[ZW j[dÂ&#x2021;W [b lWbeh Y[hYWde Wb ZÂ&#x152;bWh" i[ fh[eYkfÂ&#x152; Z[ bW [ZkYWY_Â&#x152;d Z[ bW ck`[h" Yh[Â&#x152; bW [iYk[bW Z[ J[b[Ye# ckd_YWY_ed[i fWhW ck`[h[i" \kd# ZÂ&#x152; Wb]kdei Yeb[]_ei" Yece1 [b C[# `Â&#x2021;W" JÂ&#x192;Yd_Ye Ikf[h_eh 8ebÂ&#x2021;lWh Z[

JkbY|d" Yeb[]_e C_b_jWh gk[ bb[lW ik decXh[ o Wb]kdei dehcWb[i$ ;i bW 7iWcXb[W 9edij_jko[dj[" h[kd_ZW W hWÂ&#x2021;p Z[ bW H[lebkY_Â&#x152;d Z[ '/&," gk[ be [b_][ fh[i_Z[dj[ feh i[]kdZW eYWi_Â&#x152;d Wb ][d[hWb ;beo 7b\Whe$ ;i bW efei_Y_Â&#x152;d Z[b 9ed# ]h[ie" bW Fh[diW o" [d [if[Y_Wb" bei Yedi[hlWZeh[i" feh bWi h[\ehcWi gk[ ^WXÂ&#x2021;W h[Wb_pWZe [d iki f[h_e# Zei fh[i_Z[dY_Wb[i Yece bW b_X[h# jWZ Z[ YedY_[dY_W" bW b_X[hjWZ Z[ [di[Â&#x2039;WdpW bW_YW o ejhWi h[\ehcWi$ 7b\Whe \k[ bbWcWZe feh bei h[# lebkY_edWh_ei Z[ =kWoWgk_b o i[ fkie Wb \h[dj[ o Z_h_]_Â&#x152; bei Yec# XWj[i Z[ >k_]hW" DWhWd`_bbe o OW# ]kWY^_" YedjhW bWi \k[hpWi ]eX_[h# d_ijWi YecWdZWZWi feh [b =[d[hWb B[ed_ZWi FbWpW o [b =[d[hWb @kb_e 7dZhWZ[" bW Z[hhejW YWoÂ&#x152; ieXh[ bei h[lebkY_edWh_ei o bei `[\[i \k[hed Wfh[iWZei" [djh[ [bbei [b =[d[hWb ;beo" <bWl_e o C[ZWhZe 7b\Whe" Kf_Wde F|[p" [b ][d[hWb BkY_Wde 9ehWb o Cedj[he$

ĹŠ ĹŠ

)-Ĺ&#x2039;3Ĺ&#x2039; -)* ;d j_[cfei Z[ YÂ&#x152;b[hW [i c[`eh h[# YehZWh bW Yec_ZW gk[" Yece jeZe be ^kcWde" i_]k[ kd fheY[ie Z[ hWY_edWb_pWY_Â&#x152;d$ 7iÂ&#x2021; i[ eXj_[d[d bWi c|i Z_l[hiWi YecX_dWY_ed[i dkjh_Y_edWb[i" gk[ W c|i Z[ h[i# jWkhWh [d[h]Â&#x2021;W fh[c_Wd bei i[d# j_Zei" ^WijW bb[]Wh W be Ă&#x2C6;]ekhc[jĂ&#x2030;" i_dÂ&#x152;d_ce Z[ bWi Yh[WY_ed[i Z[ YeY_d[hei Z[ WbjW WbYkhd_W$ >Wo fbWjei Z[ Ă&#x2C6;jhWZ_Y_Â&#x152;dĂ&#x2030;" gk[ Yedij_jko[d dk[ijhW ^_ijeh_W i[dieh_Wb" cWj_pWZW Z[ h[Yk[h# Zei _d\Wdj_b[i o WZeb[iY[dj[i$ ;d iWblW]kWhZW Z[ [ie" kdW cW[i# jhW Z[b Whj[ Ykb_dWh_e o \Wc_b_W Z[ YeddejWZei febÂ&#x2021;j_Yei" HkXo BWhh[W" Yed [b c[h_jeh_e Wkif_Y_e Z[b ?dij_jkje Z[ FWjh_ced_e 9kb# jkhWb" h[Yef_bW [d ik b_Xhe Ă&#x2C6;IefWi" i[Yei o [dlk[bjei Z[b ;YkWZehĂ&#x2030;" [ij[ YedeY_c_[dje Ă&#x2020;WdY[ijhWbĂ&#x2021; Z[ bW Ykb_dWh_W jhWZ_Y_edWb$ Ik b_Xhe Yedij_jko[ kd lWZ[# cÂ&#x192;Ykc Z[ fbWjei Ă&#x2C6;dWY_edWb[iĂ&#x2030;" gk[ fkZ_[dZe j[d[h \Â&#x152;hckbWi Z[ ejhei bWh[i" WgkÂ&#x2021; \k[hed f[h\[Y# Y_edWZei Yed [b[c[djei dWj_lei" ]hWY_Wi W bW Yh[Wj_l_ZWZ Z[ bWi WcWi Z[ YWiW ]hWdZ[" gk[ [hWd [b Y[djhe Z[ YedleYWjeh_W fWhW bWi dkc[heiWi \Wc_b_Wi Z[ WdjWÂ&#x2039;e$ ;ijW fkXb_YWY_Â&#x152;d Yedij_jk# o[ kdW \k[dj[ Z[ YedikbjW fWhW Ă&#x2020;ceZ[hdWi e ceZ[hdei Wcei Z[ YWiWĂ&#x2021;" gk[ iWX[d gk[ kde Z[ bei fh_dY_fWb[i fbWY[h[i Z[ bW l_ZW [ij| [d WYWh_Y_Wh bei i[dj_Zei" c_[djhWi i[ dkjh[$ Ik Yedj[d_Ze lW Z[ iefWi W i[Yei o [dlk[bjei [ _dYbko[ kdW ]kÂ&#x2021;W ]WijhedÂ&#x152;c_YW Z[b fWÂ&#x2021;i" Z[jWbb[i ieXh[ ^_[hXWi o [if[Y_Wi o bei Ă&#x2020;i[Yh[jei Z[ YeY_# dWĂ&#x2021;$ Cej_lW W b[[hbe o Z[ _dc[# Z_Wje fed[hi[ \h[dj[ W bW [ijk\W o \WXh_YWh kdei jWdjei cWd`Wh[i$ ;b b_Xhe" [iYh_je feh kdW ck# `[h YkbjW" _dYbko[ ]h|Ă&#x2019; Yei Z[ ik WkjehÂ&#x2021;W$ H[Ykf[hWh bW jhWZ_Y_Â&#x152;d Ykb_dWh_W [i kd fWie Z[ _Z[dj_ZWZ l|b_Ze" f[he e`Wb| de WfWh[pYW Wb# ]k_[d fh[j[dZ_[dZe Ă&#x2020;ceZ_Ă&#x2019; YWh# bei h[lebkY_edWh_Wc[dj[Ă&#x2021;$ DWZ_[ gk[ i[ fh[Y_[ Z[ i[dikWb_ijW Z_h| gk[ de Z[]kijÂ&#x152; kd i[Ye Z[ Y^_le e kdW iefW Z[ XW]h[ o gk[ Yec_Â&#x152;0 h[f[" cej[ f_bbe" Yko WiWZe" j_c# Xki^YW" [jY$ #- 1 -).Äž+ '.1 Ä&#x201C;!.,Ä&#x201C;#!

1#2("#-3#ĹŠ !(.- + ĹŠ ĹŠ } (1#!3.1 ĹŠ ")4-3

ĹŠ ÂĄ ĹŠ (1#!3.1

ĹŠ ĹŠ "(3.1ĹŠ #%(.- + ĹŠ "(3.1( +ĹŠ (-.3 41.ĹŠ Ä&#x201C; Ä&#x201C; 11 Ä&#x2013;ĹŠ #)~ ĹŠÄ&#x160;Ä&#x17D;Ä&#x2021;ĹŠ#-31#ĹŠ 4!1#ĹŠ8ĹŠ .! $4#13#Ä&#x201C; #+_$.-.Ä&#x2013;ĹŠÄ&#x2030;Ä&#x2019;Ä&#x17D;ÄąÄ?Ä&#x17D;Ä&#x2021;Ä&#x2030;ĹŠ , (+Ä&#x2013;ĹŠ( 11 Äž+ '.1 Ä&#x201C;!.,Ä&#x201C;#! 3 5 +.Ä&#x2013;ĹŠ 4!1#ĹŠ#-31#ĹŠ +(- 2ĹŠ8ĹŠ .1 +#2Ä&#x201C; ĹŠ #+_$.-.Ä&#x2013;ĹŠÄ&#x2030;Ä&#x2019;Ä&#x2030;ÄąÄ&#x17D;Ä&#x152;Ä?Ä?ĹŠ , (+Ä&#x2013;ĹŠ.3 5 +.Äž+ '.1 Ä&#x201C;!.,Ä&#x201C;#! 4+!;-Ä&#x2013;ĹŠ 4!1#ĹŠÄ?Ä&#x2030;Ä&#x2030;ĹŠ#-31#ĹŠ 8 !4!'.ĹŠ8ĹŠ 4-~-Ä&#x201D;ĹŠÄ&#x2030;".ĹŠ/(2. #+_$.-.Ä&#x2013;ĹŠÄ&#x2030;Ä&#x2019;Ä&#x2018;ÄąÄ&#x152;Ä?Ä&#x152;Ä?ĹŠ , (+Ä&#x2013;ĹŠ34+! -Äž+ '.1 Ä&#x201C;!.,Ä&#x201C;#!  .Ä&#x2013;ĹŠ ĹŠ .Ä&#x201C;ĹŠÄ?Ä&#x2021;Ä&#x2C6;Ä&#x17D;

666Ä&#x201C;+ '.1 Ä&#x201C;!.,Ä&#x201C;#! 23 ĹŠ2#!!(¢-ĹŠ1#/1#2#-3 ĹŠ+ ĹŠ./(-(¢-ĹŠ"#ĹŠ+.2ĹŠ#"(3.1#2Ä&#x201C;ĹŠ .2ĹŠ#2!1(3.2ĹŠ"#ĹŠ+.2ĹŠ !.+ .1 ".1#2ĹŠ2¢+.ĹŠ!.,/1.,#3#-ĹŠ ĹŠ242ĹŠ 43.1#2ĹŠ8ĹŠ-.ĹŠ1#Ä&#x201E;ĹŠ#) -ĹŠ-#!#2 1( Äą ,#-3#ĹŠ#+ĹŠ/#-2 ,(#-3.ĹŠ"#+ĹŠ/#1(¢"(!.Ä&#x201C;


;b_WdW L_bbWbXW CehWb[i _bbWbXW Ceh

;ZWZ0 '. WÂ&#x2039;ei I_]de0 B[e

;ZWZ0 '. WÂ&#x2039;ei ei I_]de0 B[e

-ĹŠ/.1ĹŠĹŠ+ ĹŠ!.1.- 1.- - ?XWhhW$ 7o[h [d ^ehWi Z[ bW cWÂ&#x2039;WdW" >eij[hÂ&#x2021;W ;b FhWZe" h[Y_X_Â&#x152; bW l_i_jW Z[ i_[j[ X[bbWi YWdZ_ZWjWi Z[b YWdjÂ&#x152;d KhYkgkÂ&#x2021;$ ;d bWi Z_\[h[dj[i |h[Wi Z[ifb[]Whed ik i_cfWjÂ&#x2021;W o Z_W# be]Whed Yed BW >ehW$

:[jWbb[i Z[ bW [b[YY_Â&#x152;d

@eh][ CWdh_gk[" l_Y[WbYWbZ[ o fh[i_Z[dj[ Z[b 9ec_jÂ&#x192; Z[ <_[ijWi" _dZ_YÂ&#x152; gk[ jeZe [ij| W fkdje fWhW \[ij[`Wh bei (. WÂ&#x2039;ei Z[ YWdjed_pWY_Â&#x152;d Z[ KhYkgkÂ&#x2021;$ :_`e gk[ bW Wd_cWY_Â&#x152;d Z[b [l[dje ;b[YY_Â&#x152;d o 9ehedWY_Â&#x152;d Z[ bW H[_dW" [ijWh| W YWh]e Z[ B[edWhZe OÂ&#x192;f[p o bW YedY[`Wb Z[ ?XWhhW" 7dZh[W IYWYYe$ BW deY^[ ]WbWdj[ i[h| cWÂ&#x2039;WdW [d [b Yeb_i[e Z[b Yeb[]_e JÂ&#x192;Yd_Ye KhYkgkÂ&#x2021;" [b WYje [cf[pWh| W bWi (&0)&$ BWi YWdZ_ZWjWi" [d ik fWhj_Y_fWY_Â&#x152;d _d_Y_Wb" fh[i[d# jWh|d kdW Yeh[e]hW\Â&#x2021;W fh[fWhWZW feh [b YedeY_Ze Whj_ijW C_]k[b Ă&#x203A;d][b$ BWi Z[i_]dWY_ed[i" W c|i Z[ bW H[_dW" i[h|d bW i[Â&#x2039;eh_jW FWjhedWje" 9ed\hWj[hd_ZWZ" I_cfWjÂ&#x2021;W" Jkh_ice" 9kbjkhW o C[Z_e 7cX_[dj[$ ;djh[ bWi h[fh[i[djWdj[i [iYe][h|d W bW i[Â&#x2039;eh_jW 7c_ijWZ$

;ZWZ0 '- WÂ&#x2039;ei I_]de0 7h_[i :[ c_hWZW YWkj_lWdj[" 7b[`WdZhW i[ Z[iYkXh[ Yece kdW ck`[h [c# fh[dZ[ZehW o Z[Y_Z_ZW$ 9ec[djÂ&#x152; gk[ Z[Y_Z_Â&#x152; fWhj_Y_fWh [d [b [l[dje Yece fWhj[ Z[ bW YebWXehW# Y_Â&#x152;d W ik YWdjÂ&#x152;d$ ;i h[fh[# i[djWdj[ Z[b Yeb[]_e DWY_edWb JÂ&#x192;Yd_Ye KhYkgkÂ&#x2021;$ 7b ^WXbWh Z[ bW [i[dY_W Z[b khYkgk_h[# Â&#x2039;e" i[Â&#x2039;WbÂ&#x152; gk[ i_d ZkZW bW WcWX_b_ZWZ [i fWhj[ Z[b YW# h_icW gk[ WjhW[ Wb jkh_ijW$ 7b i[h [b[YjW H[_dW" ik jhWXW`e i[ [d\eYWhÂ&#x2021;W [d \ec[djWh bei lWbeh[i [d bW `kl[djkZ" Yed bW YebWXehWY_Â&#x152;d Z[ bWi Z_\[h[d# j[i Wkjeh_ZWZ[i$

I_bl_W C_dW ;if_deiW ;ZWZ0 (& WÂ&#x2039;ei I_]de0 =Â&#x192;c_d_i BW i_c[jhÂ&#x2021;W Z[ ik heijhe Z[`W i_d ZkZW W c|i Z[ kdW f[hiedW cWhWl_bbWZe Yed bW X[bb[pW Z[ bW ck`[h Z[ bW Yeckd_ZWZ Z[ JWf_WfWc# XW" bk]Wh Wb gk[ h[fh[i[d# jW$ Ik YWh_icW W Ă&#x201C; eh Z[ f_[b [i [l_Z[dj[" I_bl_W i[ YWb_Ă&#x2019; YÂ&#x152; Yece kdW f[hiedW [cfh[dZ[ZehW o jhWXW`WZehW" YWfWp Z[ Wikc_h YkWbgk_[h h[je$ ;d YkWdje W bW [b[YY_Â&#x152;d" i[Â&#x2039;WbÂ&#x152; gk[ i_ WbYWdpW bW YehedW" [b jhWXW`e i[ fheo[YjWh| [d bW WokZW Wb i[Yjeh Z[ bW j[hY[# hW [ZWZ$ 9WdWb_pWhÂ&#x2021;W fheo[Yjei Z[ h[_di[hY_Â&#x152;d W bW ieY_[ZWZ `kdje W bWi Wkjeh_ZWZ[i$

Ä&#x2C6;

;ij[\Wdo HWcei FheWÂ&#x2039;e HWcei Fhe

KdW ck`[h Z[ YWX[bbe bWY_e Z[# j[hc_dWdj[ o Z[Y_Z_ZW" WiÂ&#x2021; i[ ceijhÂ&#x152; :_WdW Yed \bk_Z[p [d ik Z_|be]e" Yec[djÂ&#x152; gk[ h[# fh[i[djWXW W bW fWhhegk_W Z[ JkcXWX_he$ H[\b[n_edÂ&#x152; feh kd i[]kdZe o" Yed [b Xh_bbe [d bW c_hWZW" de ZkZÂ&#x152; [d Yec[d# jWh gk[ bW [nf[h_[dY_W Yed iki YecfWÂ&#x2039;[hWi i[h| _debl_ZWXb[$ :[iYh_X_Â&#x152; W ik YWdjÂ&#x152;d Yece kd c|]_Ye [ZÂ&#x192;d [d ZedZ[ bei ^WX_jWd# j[i Wfhel[Y^Wd Z[ ik Yh[Wj_l_ZWZ o f[hi[l[hWdY_W fWhW WbYWdpWh iki eX# `[j_lei$ I_ cWÂ&#x2039;WdW [d bW deY^[" [bbW [i [b[YjW Yece bW dk[lW ieX[hWdW" Z_`e gk[ [cf[pWhÂ&#x2021;W ik jhWXW`e [d bW Z_# \ki_Â&#x152;d Z[ bW lWh_WZW YkbjkhW o [dYWdjei Z[ ik j_[hhW$

9|b_ZW o i[h[dW YedeY_cei W ;b_WdW" kdW ck`[h [cfh[dZ[ZehW gk[ Yed eh]kbbe i[Â&#x2039;WbÂ&#x152; gk[ h[fh[i[djW W bW @kdjW FWhhegk_Wb Z[ FWXbe 7h[dWi$ BW WcWX_b_ZWZ i[ Z[iYkXh[ [d ik Z_|be]e" Yed kdW f[gk[Â&#x2039;W iedh_iW [djh[ bW j_c_Z[p o bW cWZkh[p" _d# Z_YÂ&#x152; gk[ ik fWhj_Y_fWY_Â&#x152;d lW c|i Wbb| Z[ bW YehedW$ :[i[W Z[cei# jhWh [d bW fWiWh[bW bW WYj_jkZ Z[ bW ck`[h khYkgk_h[Â&#x2039;W" bW YWfW# Y_ZWZ Z[ jhWXW`e o bW YedijWdY_W [d YWZW WYj_l_ZWZ Wi_]dWZW$ Ik bWXeh" i_ \k[hW [b[YjW Yece H[_dW Z[b YWdjÂ&#x152;d" bW c_hW [d kd iebe eX# `[j_le bW WokZW o YebWXehWY_Â&#x152;d Yed bei WZkbjei cWoeh[i$ 7Â&#x2018;d de Z[Ă&#x2019; d[ ik fheo[Yje" f[he ik fh[Z_ifei_Y_Â&#x152;d [i YedYh[jW$

7b[`WdZhW ;hWpe 8[dWl_Z[i

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

:_WdW <[hd|dZ[p CWhjÂ&#x2021;d[p

;ZWZ0 ', WÂ&#x2039;ei I_]de0 9|dY[h BW `kl[djkZ Yed`k]W Yed ik cW# Zkh[p" bW ikj_b[pW [d [b Z_|be]e Z[ ;ij[\Wdo Z[`W [d YbWhe gk[ [ij| Z[Y_Z_ZW W Z[`Wh [d bW fWiW# h[bW be c[`eh$ H[fh[i[djW Wb XW# hh_e / Z[ <[Xh[he o W bW ^eij[hÂ&#x2021;W 7hYeÂ&#x2021;h_i 9^WY^_cX_he$ 9Wb_\_YÂ&#x152; Yece Wjh_Xkjei Z[ bei ^WX_jWdj[i khYkgk_h[Â&#x2039;ei" bW ^ed[ij_ZWZ o YehZ_Wb_ZWZ Yed bei l_i_jWdj[i$ 7b i[h [b[YjW Yece H[_dW" i[Â&#x2039;WbÂ&#x152; gk[ [ijWXb[Y[hÂ&#x2021;W kd lÂ&#x2021;dYkbe Z_h[Yje Yed bWi f[hiedWi lkbd[hWXb[i gk[ d[Y[i_# jWd Z[ Wj[dY_Â&#x152;d _dc[Z_WjW" fWhW [ije \ec[djWhÂ&#x2021;W bW fWhj_Y_fWY_Â&#x152;d WYj_lW Z[ bWi _dij_jkY_ed[i o Wkjeh_ZWZ[i$

@[dd_\[h Kd_]Whhe B_jW @[dd_\[h K ;ZWZ0 '- WÂ&#x2039;ei I_]de0 F_iY_i :[ YWX[bbe edZkbWZe o iedh_iW [dYWdjWZehW" @[dd_\[h Z[ck[ijhW bW Ă&#x2019; Z[b_ZWZ [d kdW iebW fWbWXhW Ă&#x2020;eh]k# bbeiWĂ&#x2021;" Wb fh[]kdjWhb[ ieXh[ ik Z[Y_i_Â&#x152;d fWhW i[h fWhj[ Z[b Y[hjWc[d Z[ X[bb[pW$ H[fh[i[djW W bW fWhhegk_W Z[ 9W^kWigkÂ&#x2021;" bk]Wh Yed i[Yjeh[i fbWicWZei Z[ b[o[dZWi [ ^_ijeh_Wi$ 7b i[h [b[YjW Yece H[_dW" _dZ_YÂ&#x152; gk[ bW \[b_Y_ZWZ de bW feZhÂ&#x2021;W Z[`Wh Z[ bWZe f[he YedYh[jW h[ifedZ[ gk[ ik fh_dY_fWb jhWXW`e" i[h| bW eXhW ieY_Wb [d bWi Yeckd_ZWZ[i Z[ [i# YWiei h[Ykhiei$ BW eh_[djWY_Â&#x152;d [d bei d_Â&#x2039;ei o `Â&#x152;l[d[i" fWhW gk[ Z[iYkXhWd iki YWfWY_ZW# Z[i o Z[ [ijW cWd[hW bWi fk[ZWd [nfbejWh [d X[d[Ă&#x2019; Y_e Z[b fh[i[dj[ o \kjkhe Z[b YWdjÂ&#x152;d$

BWkhW HWcei Gk_bYW ;ZWZ0 '/ WÂ&#x2039;ei I_]de0 7YkWh_e ;b YWX[bbe WpWXWY^[ YedjhWijW Yed ik X[bbe heijhe" BWkhW Wb YWc_# dWh Z[Ă&#x2019; d[ ik f[hiedW# b_ZWZ" i_d [gk_leYWhdei i[ YWb_Ă&#x2019; YW Yece i[]khW o WcWXb[$ H[fh[i[djW W bW fWhhegk_W Z[ IWd 8bWi" bW jhWdgk_b_ZWZ Z[ iki ^W# X_jWdj[i Z[`W [d [bbW kdW [ijWcfW _debl_ZWXb[$ 9ed [diWoei W YedjhW h[be`" Z[# jWbbÂ&#x152; gk[ ik jhWXW`e i[h| Z[ij_dWZe [d fheo[Yjei Z[ h[jheWb_c[djWY_Â&#x152;d YkbjkhWb [d bei `Â&#x152;l[d[i W gk_[d[i YWb_Ă&#x2019; YÂ&#x152; Yece [b \kjkhe Z[ kd YWdjÂ&#x152;d \Â&#x192;hj_b [d jeZe i[dj_Ze$


Ĺ? Ĺ?

Ĺ?

Ä&#x2030;

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

#, 1 1;-ĹŠ Ä&#x2C6;Ä&#x2021;ĹŠ,(+ĹŠ/+ -3 2ĹŠ

Ĺ&#x2014;ĹŠĹŠ

ĹŠ

Ä&#x203A; >eo h[j_hWhed '& c_b fbWdjWi ZedWZWi feh [b =eX_[hde Fhel_dY_Wb Z[ F_Y^_dY^W fWhW bW h[\eh[i# jWY_Â&#x152;d Z[ lWh_Wi |h[Wi o gk[XhWZWi [d bW pedW WdZ_dW Z[ 9ejWYWY^_$ Bei Wbkcdei Z[ bWi [iYk[bWi i[ [dYWh]W# h|d Z[ bW i_[cXhW$ Gk_[h[d h[l[hZ[Y[h bWi |h[Wi \eh[i# jWZWi o fh[i[hlWh [b h[Ykhie ^Â&#x2021;Zh_Ye [d bWi \k[dj[i$

2Ŋĥ (34$ 2ĢŊ#-Ŋ .3 ! !'(

Ĺ&#x2014;ĹŠĹŠ

ĹŠ

Ä&#x203A; ;d Wb]kdei

XWhh_ei Z[ bW Y_kZWZ" bei cehWZeh[i [d h[_j[hWZWi eYWi_ed[i _Z[dj_Ă&#x2019; YWd bW fh[i[dY_W Z[ Z[b_dYk[dj[i YedeY_ZWi Yece Ă&#x2020;bWi f_jk\WiĂ&#x2021; gk[ WfWh[djWd i[h ck`[h[i ^kc_bZ[i fWhW [ijW\Wh W _dYWkjei$ BW Feb_YÂ&#x2021;W ^WY[ kd bbWcWZe W bei f[h`kZ_YW# Zei fWhW gk[ Z[dkdY_[d W [ijWi f[hiedWi [d [b YWie Z[ ^WX[h i_Ze lÂ&#x2021;Yj_cWi Z[ [ijWi \[Y^ehÂ&#x2021;Wi$

Ä&#x201C;ĹŠ 2/#1 -ĹŠ04#ĹŠ+ ĹŠ Ä&#x201E;ĹŠ4#-!( ĹŠ"#ĹŠ5(2(3 -3#2ĹŠ 4,#-3#ĹŠ4-ĹŠÄ&#x160;Ä&#x2021;Ĺ&#x2DC;ĹŠ#-ĹŠ#+ĹŠ/1(,#1ĹŠ$#1( ".ĹŠ"#ĹŠ! 1- 5 +Ä&#x201C;ĹŠ ĹŠ%1 34(" "ĹŠ#-ĹŠ#+ĹŠ !!#2.ĹŠ ĹŠ 4(!.!' Ä&#x201D;ĹŠ2#ĹŠ" ĹŠ+4#%.ĹŠ"#ĹŠ4-ĹŠ  .ĹŠ"#ĹŠ 04#ĹŠ#+ĹŠ!. 1.ĹŠ2#ĹŠ#23 -" 1(9¢Ŋ#-ĹŠ".2ĹŠ"¢+ 1#2Ä&#x201C;ĹŠ

&Ĺ&#x2039;#(!, -)Ĺ&#x2039; Ĺ&#x2039; /# ) " Ĺ&#x2039;3 Ĺ&#x2039; ()Ĺ&#x2039; / -. Ĺ&#x2039; )-Ĺ&#x2039; Â&#x161;& , #ĹŠ31 3 ĹŠ"#ĹŠ4-ĹŠ !4#1".ĹŠ,(-(23#1( +ĹŠ04#ĹŠ #23 +#!#ĹŠ+ ĹŠ%1 34(" "ĹŠ#-ĹŠ+ 2ĹŠ;1# 2ĹŠ/1.Äą 3#%(" 2ĹŠ"#+ĹŠ/ ~2Ä&#x201D;ĹŠ#7!#/3.ĹŠ +;/ %.2Ä&#x201C;ĹŠĹŠ Ä&#x203A; :[iZ[ bW i[cWdW fWiWZW [b _d]h[ie W bW h[i[hlW [YebÂ&#x152;]_YW 9ejWYWY^_ 9WoWfWi" fkdjkWbc[dj[ W bW bW]kdW Z[ 9k_YeY^W" [i b_Xh[ fWhW dWY_edW# b[i o [njhWd`[hei$ 7^ehW [b ]kWh# ZW fWhgk[ gk[ [ij| Wb _d]h[ie" iÂ&#x152;be h[]_ijhW bei ZWjei Z[ bei l_# i_jWdj[i$ ;b YeXhe Z[ Zei ZÂ&#x152;bWh[i i[ [i\kcÂ&#x152;$ ;ije Z[X_Ze Wb dk[le WYk[hZe c_d_ij[h_Wb Z_ifk[ije feh [b Fh[# i_Z[dj[ Z[ bW H[fÂ&#x2018;Xb_YW" ZedZ[ i[ Z[j[hc_dW gk[ [b _d]h[ie W bWi |h[Wi fhej[]_ZWi i[h| ]hWjk_je W

[nY[fY_Â&#x152;d =Wb|fW]ei$ BW Z[Y_# i_Â&#x152;d bW jecWhed bk[]e Z[ h[l_# iWh [b _d\ehc[ Z[b YedY[fje Z[ _d]h[iei W bWi |h[Wi fhej[]_ZWi$ 7Z[c|i" eX[Z[Y[ Wb YWcX_e Z[ Y_[hjWi febÂ&#x2021;j_YWi l_][dj[i" [l_# Z[dY_|dZei[ gk[ [b cedje ][d[# hWZe feh [ij[ YedY[fje [i cÂ&#x2021;d_# ce o" Yedij_jko[ kdW XWhh[hW Z[ WYY[ie fWhW bei jkh_ijWi$ 9ed bW dk[lW dej_Y_W Z[iZ[ oW bW [cfh[iW fÂ&#x2018;Xb_YW Z[ jkh_i# ce Wb_ijW Wbj[hdWj_lWi Z[ l_i_jW fWhW [b \[h_WZe Z[ YWhdWlWb gk[ i[h| Z[ jh[i ZÂ&#x2021;Wi$ 9h[[d gk[ bW

Wki[dY_W Z[ YeXhe Wb _d]h[ie W bW H;99 Wkc[djWh| [d kd )& [b dÂ&#x2018;c[he Z[ l_i_jWdj[i$ ;b WYk[hZe c_d_ij[h_Wb Z[ bW 9Whj[hW Z[ 7cX_[dj[ \k[ [c_# j_Ze [b ', Z[ [d[he o i[ fkie [d l_][dY_W Z[iZ[ [iW \[Y^W [d jeZe [b j[hh_jeh_e dWY_edWb$ IWdj_W]e BepWde" YedY[`Wb Z[ 9ejWYWY^_" _dZ_YÂ&#x152; gk[ W d_# l[b dWY_edWb" ckY^ei YWdjed[i [`[hY_[hed fh[i_Â&#x152;d [d [b j[cW Z[ WYY[ie W bWi |h[Wi fhej[]_ZWi gk[ i[ Ă&#x2019; `Â&#x152; [d Zei ZÂ&#x152;bWh[i$ Bei _d]h[# iei Z[ bW [cfh[iW Z[ [YedecÂ&#x2021;W c_njW h[]_ijhWhed kd Z[Yb_l[ feh c|i Z[ kd WÂ&#x2039;e" Z[X_Ze Wb YeXhe Z[ Zei ZÂ&#x152;bWh[i fWhW dWY_edWb[i o [njhWd`[hei$ Ă&#x2020;Deiejhei lWcei W ieij[d[h i_[cfh[ [b de YeXhe Z[ _d]h[ie W 9k_YeY^W" fk[i

c_[djhWi de i[ Xh_dZ[ i[hl_Y_ei Â&#x152;fj_cei [b Yeije de i[ `kij_Ă&#x2019; YWĂ&#x2021;" [nfb_YÂ&#x152;$ 3(2$ !!(¢7bXW J[h|d" ][h[dj[ Z[ bW [c# fh[iW fÂ&#x2018;Xb_YW 9ejWYWY^_" [nfb_YÂ&#x152; gk[ [d [b YWdjÂ&#x152;d" i[ \ec[djWh| [b jkh_ice feh be gk[ Wb_ijWd YWc# fWÂ&#x2039;Wi Z[ fheceY_Â&#x152;d fWhW WjhW[h c|i l_i_jWdj[i Z[ jeZei bei h_d# Yed[i$ I[ cWdj[dZh|d Wb f[d# Z_[dj[ Z[ be gk[ eYkhhW o fej[d# Y_Wh|d bei WjhWYj_lei Z[b i[Yjeh$ Ă&#x2020;?dl_jWcei W jeZei fWhW gk[ WYkZWd o h[Wb_Y[d jkh_ice beYWb$ ;ijWcei h[Wbc[dj[ Yedj[djei Yed bW Z[Y_i_Â&#x152;d Z[b Fh[i_Z[dj[ Z[ bW H[fÂ&#x2018;Xb_YWĂ&#x2021;" WYejÂ&#x152;$

# (Ĺ&#x2039;'6-Ĺ&#x2039;0#!#& ( # Ĺ&#x2039; (. -Ĺ&#x2039;& Ĺ&#x2039; 2*&). #Â&#x161;(Ĺ&#x2039; Ĺ&#x2039;' . ,# &Ĺ&#x2039;*Z., ) -31#% 1;-ĹŠ/4/(31#2ĹŠ #-ĹŠ 2ĹŠ .+.-"1(- 2

Ĺ&#x2014;ĹŠĹŠ

ĹŠ

Ä&#x203A; ;d bW [iYk[bW IWdjW 7dW Z[ 9ejWYWY^_ ^eo [djh[]Wh|d fkf_jh[i W fhefÂ&#x152;i_je Z[ bWi Ă&#x2019; [ijWi Z[ [i[ [ijWXb[Y_c_[dje$ BWi Wkjeh_ZWZ[i beYWb[i l_W`Wh|d W [ij[ h[Y_dje ZedZ[ [if[hWd jWcX_Â&#x192;d jecWh YedjWYje Yed bei feXbWZeh[i fWhW WdWb_pWh [b j[cW Z[ bW Z[b_c_jWY_Â&#x152;d ][e]h|Ă&#x2019; YW$

F[i[ Wb Yedjheb gk[ h[Wb_pWd bei c_icei cehWZeh[i o bW Feb_YÂ&#x2021;W Ckd_Y_fWb W bei lebgk[j[i gk[ jhWdifehjWd cWj[h_Wb Z[iZ[ bWi c_dWi" bei bk]Wh[Â&#x2039;ei i[ gk[`Wd Z[ gk[ [i _d[l_jWXb[ gk[ bW Wh[dW i[ h_[]k[$ 7Z[c|i" [bbei [ij|d eXb_]WZei W jWfWh [b cWj[h_Wb Yed kdW bedW$ Ă&#x2020;;ijWcei YWdiWZei gk[ feh [ijW YWkiW [d dk[ijhe \h[dj[ i[ WYkckb[d bWi f_[ZhWi o jeZe [b cWj[h_Wb" W Z_Wh_e Z[X[cei b_c# f_Wh feh [b c_[Ze Z[ bWi bbkl_WiĂ&#x2021;" Z_`e =[hcWd_W Hk_p" cehWZehW Z[ 9k_YeY^W$ Bei feXbWZeh[i ik]_[h[d gk[

bei lebgk[j[i de iWb]Wd Z[iZ[ bWi c_dWi cko YWh]WZei fk[i feh [ie h_[]Wd [b cWj[h_Wb W be bWh]e Z[ bW lÂ&#x2021;W" [ie _dĂ&#x201C; ko[ [d gk[ bei ikc_Z[hei i[ jWfed[d$

ĹŠ04#) ĹŠ#2ĹŠ!.-23 -3# CWh_e H[o[i" ejhe ^WX_jWdj[ Z[b i[Yjeh" i[Â&#x2039;WbW gk[ Z[iZ[ oW i[ Z[X[d c_j_]Wh bei _cfWYjei gk[ ][d[hW bW [nfbejWY_Â&#x152;d [d bWi c_dWi Z[ Wh[dW$ xb ieij_[d[ gk[ [ijW bWXeh Z[X[ i[h c|i Yedjhe# bWZW$ Ă&#x2020;;d dk[ijhWi YWiWi oW [ijW# cei WYeijkcXhWZei W l_l_h Yed [b feble" [ie [i fWd Z[ YWZW ZÂ&#x2021;WĂ&#x2021;" h[iWbjÂ&#x152; [b gk_he][Â&#x2039;e$

ÂĄ Ä&#x201C;ĹŠ 2ĹŠ/#12.- 2ĹŠ04#ĹŠ5(5#-ĹŠ!#1! ĹŠ"#ĹŠ+ 2ĹŠ,(- 2ĹŠ"#ĹŠ 1#- ĹŠ2#ĹŠ04#) -ĹŠ"#+ĹŠ (,/ !3.ĹŠ04#ĹŠ#23.ĹŠ%#-#1 Ä&#x201C;ĹŠ


# -. -ŋ &ŋ ó), #'# (.)ŋ - ŋ)ð # &#4 ( >eo" i[ fh[i[djWh| [b fhe]hWcW o WÒY^[i Z[b 9WhdWlWb 7]Wje Ckd# Z_Wb_je (&'(" gk[ i[ h[Wb_pWh| [d bW YWiW Z[ jkh_ice" W bWi '&0&&$ ;d YWcX_e" [b bkd[i" [b FWmaWh HWoc_ F[]kY^[ J e (&'(" ZWh| W YedeY[h fehc[deh[i Z[ [ij[ [l[dje" bW Y_jW [i [d bW ^eij[h W F[]kY^[ J e W bWi ''0&&$ Bei Zei [l[djei j_[d[d [b Wfe#

ēũ #-31.ũ341~23(!.ēũ +ũ, 8.1ũ!#-31.ũ"#ũ 31 !!(¢-ũ 13#2 - +ũ#2ũ#+ũ,#1ı ! ".ũ #-3#- 1(.Ĕũ,;2ũ!.-.!(".ũ!.,.ũ+ ũ + 9 ũ"#ũ .-!'.2ē

, $ (ŋ* , ŋ ' $),ŋ' ( $)ŋ ŋ& ŋ & 4 ŋ ŋ )( ") -ũ#234"(.ũ/ 1 ũ"#ă-(1ũ+.2ũ1#3.2ũ8ũ #231 3#%( 2ũ2#ũ#-31#%¢ũ +ũ (-(23#1(.ũ ..1"(- ".1ũ"#ũ+ ũ 1."4!!(¢-ē ě 9edl[hj_h Wb c[h#

YWZe Whj[iWdWb Z[ bW FbWpW Z[ FedY^ei Yece kde Z[ bei c[# `eh[i Z[ BWj_deWc h_YW" [i [b Òd Z[ bWi Wkjeh_ZWZ[i$ Bei Yec[hY_Wdj[i [ij|d YedY_[dj[i gk[ bW YWb_ZWZ o bW fheZkYY_ d W ]hWd [iYWbW Yed kd i[bbe gk[ _Z[dj_Ògk[ bWi Wh# j[iWd Wi ejWlWb[ ei" ied bW YbW# l[ fWhW ]WdWh c|i c[hYWZe [d [b [njhWd`[he o kd Xk[d i[hl_# Y_e fWhW bei jkh_ijWi gk[ bb[]Wd W EjWlWbe$ CWdk[b EoW]WjW" lk[bl[ W EjWlWbe Z[b 9WdWZ| YWZW W e" [d kd c[i gk[ f[hcWd[Y[ [d [b YWdj d h[Wb_pW YedjWYjei fWhW ikhj_h bW c[hYWZ[h W gk[ [nf[dZ[ [d bWi \[h_Wi gk[ i[ eh# ]Wd_pWd [d [ij[ fW i$ Be gk[ bWc[djW [i gk[ YWZW l[p gk[ d[Y[i_jW Whj[iWd Wi dWY_edWb[i" bW YWb_ZWZ XW`W o [b fh[Y_e ikX[$ ;ije de b[ Yed# l_[d[ W ik d[]eY_e" feh be gk[ Z[Y_Z_ de YecfhWh iWYei" ]kWdj[i Z[ bWdW Z[ Xehh[]e" d_ YWc_iWi Z[ Wb]eZ d$ ;b Yec[hY_Wdj[ efj feh YecfhWh c[hYWZ[h W [d [b F[h " Z[iZ[ W^ [cXWhY bei Y_[djei Z[ iWYei oW de Z[ bWdW Z[ Xehh[]e" i_de Z[ WbfWYW$

EjhW Wbj[hdWj_lW [i YecfhWh fh[dZWi Z[ l[ij_h [d bei c[h# YWZei Z[ 7i_W$ FWhW gk[ [ijei fheXb[cWi de W\[Yj[d bW [Yedec W Z[ bei Whj[iWdei o" gk[ bei jkh_ijWi Yecfh[d Z[ h[Yk[hZe" fheZkY# jei Z[ YWb_ZWZ" [b C_d_ij[h_e 9eehZ_dWZeh Z[ bW FheZkYY_ d WhcW kd fbWd fWhW iebkY_edWh [ijei fheXb[cWi$ (#-#-ũ#234"(.2 =[hc|d <beh[i" ][h[dj[ Z[b C_d_ij[h_e 9eehZ_dWZeh Z[ bW FheZkYY_ d" [nfb_Y gk[ j_[# d[d YkWjhe h[jei o )( [ijhWj[# ]_Wi gk[ Ykcfb_h" fWhW gk[ bei Whj[iWdei Z[ bW FbWpW Z[ bei FedY^ei" [nf[dZWd Whj Ykbei _ddelWZeh[i Yed _Z[dj_ZWZ fhef_W" Z[ fh_c[hW YWb_ZWZ o cWhYW j[hh_jeh_Wb$ 7Z[c|i" Yh[Wh|d bei Y[d# jhei Z[ \ec[dje fheZkYj_le" fWhW c[`ehWh bW Yecf[j_j_l_# ZWZ" gk[ ][d[h[ [b Yh[Y_c_[dje [d l[djWi W '& W ei$ FWhW gk[ bWi l_i_jWi gk[ bb[# ]Wd Wb 9[dj[dWh_e [dYk[djh[d bei Whj Ykbei gk[ Z[i[[d Z[ YkWbgk_[h fWhj[ Z[ BWj_deWc # h_YW" i[ ehZ[dWh|d bei i_j_ei Z[ l[djWi$

oe Z[ bWi Wkjeh_ZWZ[i dWY_edWb[i" fhel_dY_Wb[i o beYWb[i$ :[djhe Z[ bW Yeicel_i_ d WdZ_dW" bW Y[b[# XhWY_ d Z[b FWmaWh HWoc_ [i fWhW W]hWZ[Y[h W bW cWZh[ j_[hhW feh bei \hkjei [djh[]WZei$

ŏ ĂĈŏ ŏ ŏĂĀāĂ

ŏ +. ŏ ġ

Ċ

ēũ ũă#23 ũ"#+ũĄ.1#!(,(#-3.Ĕũ#2ũ4- ũ_/.! ũ"#ũ1##-!4#-31.ē

! &.2&/(*(&+1,0 -#/# &) %#/', t 5FSDFS /JWFM EF &EVDBDJØO 1TJDØMPHP B *OEVTUSJBM *OH &O 5BMFOUP )VNBOP "ENJOJTUSBEPS EF &NQSFTBT t $POPDJNJFOUPT EF MPT TVCTJTUFNBT EF 3FDVSTPT )VNBOPT /ØNJOB -04&1 Z TV 3FHMBNFOUP t &YQFSJFODJB EF USFT B×PT FO (FTUJØO EF SFDVSTPT IVNBOPT QPS DPNQFUFODJBT .BOFKP JOTUSV NFOUPT UÏDOJDPT Z MFHBMFT EF SFDVSTPT IVNBOPT &WBMVBDJØO Z DPOUSPM EF HFTUJØO PSHBOJ[BDJPOBM " &.2&/(*(&+1,0 -#/# &) %#/', t 5FSDFS /JWFM FO *OHFOJFSÓB $JWJM )JESÈVMJDB t $POPDJNJFOUPT -FZ EF "HVBT Z TV 3FHMBNFOUP t &YQFSJFODJB EF USFT B×PT FO "ENJOJTUSBDJØO EF 3FDVSTPT )ÓESJDPT "QMJDBDJØO EF MB -FZ EF "HVBT ! 5 &.2&/(*(&+1,0 -#/# &) %#/', t 5FSDFS /JWFM -JD FO $PNVOJDBDJØO 4PDJBM t $POPDJNJFOUPT $PNVOJDBDJØO TPDJBM 1VCMJDJEBE .BSLFUJOH t &YQFSJFODJB EF B×PT FO $PNVOJDBDJØO 4PDJBM 1VCMJDJEBE .BSLFUJOH 'PSUBMFDJNJFOUP JOTUJUVDJPOBM DPNVOJDBDJØO WJTVBM &+1/, ",+#) $#//# &.2&/(*(&+1,0 -#/# &) %#/', t 5FSDFS /JWFM *OH &O (FTUJØO 1ÞCMJDB t $POPDJNJFOUPT FO *OHFOJFSÓB FO (FTUJØO 1ÞCMJDB %FSFDIP Z +VSJTQSVEFODJB %FSFDIPT )VNBOPT 4PDJPMPHÓB Z BöOFT TFDUPSJBMFT t &YQFSJFODJB EF EPT B×PT FO (FTUJØO 1ÞCMJDB .BOFKP Z TPMVDJØO EF DPOøJDUPT 4PDJPMPHÓB 1MBOJöDBDJØO EF 3FDVSTPT )ÓESJDPT

! 4 &.2&/(*(&+1,0 -#/# &) %#/', t 5FSDFS /JWFM %PDUPS FO +VSJTQSVEFODJB t $POPDJNJFOUPT EF +VSJTQSVEFODJB %FSFDIP $JFODJBT 1PMÓUJDBT Z 4PDJBMFT t &YQFSJFODJB NÓOJNB EF DVBUSP B×PT FO -FZFT Z /PSNBT EF MB 3FQÞCMJDB -FZ EF "HVBT Z 3FHMBNFOUP EF "QMJDBDJØO &.2&/(*(&+1,0 -#/# &) %#/', t 5FSDFS /JWFM EF &EVDBDJØO $POUBEPS 41" *OH $PNFSDJBM *OH "ENJOJTUSBDJØO EF &NQSFTBT t $POPDJNJFOUPT EF $POUBCJMJEBE Z "VEJUPSÓB 'JOBO[BT &DPOPNÓB t &YQFSJFODJB EF USFT B×PT FO DPOUBCJMJEBE HFOFSBM Z HVCFSOBNFOUBM "OÈMJTJT EF 1SFTVQVFTUPT -FZ 0SHÈOJDB EF 3ÏHJNFO 5SJCVUBSJP *OUFSOP Z 3FHMBNFOUP QBSB MB BQMJDBDJØO

5 3 &.2&/(*(&+1,0 -#/# &) %#/', t 5ÏDOJDP TVQFSJPS FO 4FDSFUBSJBEP &KFDVUJWP t $POPDJNJFOUPT EF PöNÈUJDB DPPSEJOBDJØO EF BDUJWJEBEFT EF MB KFGBUVSB t &YQFSJFODJB NÓOJNB EF VO B×P ! &.2&/(*(&+1,0 -#/# &) %#/', t /JWFM 5ÏDOJDP 4VQFSJPS t $POPDJNJFOUPT EF $POUBCJMJEBE Z "ENJOJTUSBDJØO t &YQFSJFODJB EF VO B×P FO NBOFKP EF TJTUFNBT EF JOWFOUBSJPT 4JTUFNBT DPOUBCMFT /PUB 1SFTFOUBS MB EPDVNFOUBDJØO IBTUB FM EF FOFSP EF FO MBT PöDJOBT EF *CBSSB VCJDBEBT FO MB DBMMF 1FESP .PODBZP /P Z +BJNF 3JWBEFOFJSB BE BJ


Ĺ? Ĺ?

Ĺ?

Ä Ä&#x20AC;

Ĺ? Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

#-.,# / #Â&#x161;(Ĺ&#x2039; Ĺ&#x2039; ! -Ĺ&#x2039; (Ĺ&#x2039; (6&#-#BW Feb_YÂ&#x2021;W DWY_edWb h[Yehh_Â&#x152; lWh_ei beYWb[i gk[ fh[fWhWd Wb_c[djei fWhW ZWh W YedeY[h W bei fhef_[jWh_ei" bW dehcW# j_lW fWhW [b kie Z[ ]Wi Z[ kie ZecÂ&#x192;ij_Ye o [b ]Wi _dZkijh_Wb$ J[bce 8[jWdYekhj^" `[\[ Z[b i[]kdZe :_ijh_je" Z_`e gk[ cWdj[dZh|d h[kd_ed[i Yed bei j[d_[dj[i febÂ&#x2021;j_Yei o YWX_b# Zei Z[b YWdjÂ&#x152;d fWhW b[lWdjWh _d\ehcWY_Â&#x152;d Z[ YWZW i[Yjeh$ ;b fhefÂ&#x152;i_je [i h[]_ijhWh bW Z[cWdZW Z[b YWhXkhWdj[ fWhW gk[ bb[]k[ i_d fheXb[# cWi W jeZei bei i[Yjeh[i" [ij[ _d\ehc[ Z[X[ [ijWh b_ije ^WijW [b )' Z[ cWhpe$

ĹŠĹŠ -ĹŠ , (1.ĹŠ"#ĹŠ+ ĹŠ / 11.04( ĹŠ"#ĹŠ 4(!'(-!'#ĹŠ2#ĹŠ !.-2314(1;-ĹŠÄ&#x2C6;Ä&#x2019;ĹŠ 5(5(#-" 2Ä&#x201C;ĹŠ (#-31 2Ä&#x201D;ĹŠ#-ĹŠ +4,;-ĹŠ2#1;-ĹŠÄ&#x2C6;Ä&#x2030;ĹŠ ! 2 2Ä&#x201C;

Ä&#x201C;ĹŠ . Ŋ .+.1#2ĹŠ (!4 2(Ä&#x201D;ĹŠ++.1 ĹŠ/.104#ĹŠ-.ĹŠ' 8ĹŠ04(#-ĹŠ+#ĹŠ 84"#ĹŠ ĹŠ+#5 -3 1ĹŠ-4#5 ,#-3#ĹŠ24ĹŠ! 2 Ä&#x201C;ĹŠ .2ĹŠ#2!., 1.2ĹŠ8ĹŠ5(% 2ĹŠ2.-ĹŠ#+ĹŠ1#!4#1".ĹŠ"#ĹŠ+ ĹŠ(-!+#,#-!( ĹŠ"#+ĹŠ 3(#,/.ĹŠ"#+ĹŠ  .ĹŠ/ 2 ".Ä&#x201C;

'(#ðĹ&#x2039; )-Ĺ&#x2039;.) 0v ()Ĺ&#x2039;, # (Ĺ&#x2039;-/-Ĺ&#x2039; - -ĹŠ +4,;-ĹŠ8ĹŠ 4(!'(-!'#Ä&#x201D;ĹŠ#+ĹŠ ("45(ĹŠ3(#Äą -#-ĹŠ04#ĹŠ!.-2314(1ĹŠ! 2 2Ä&#x201C;ĹŠ (-ĹŠ#, 1%.Ä&#x201D;ĹŠ Ă&#x152;-ĹŠ#2/#1 -ĹŠ+.2ĹŠ1#!412.2Ä&#x201C; Ä&#x203A; 9ed .& WÂ&#x2039;ei Z[ [ZWZ"

ÂĄ Ä&#x201C;ĹŠ -ĹŠ 3 5 +.ĹŠ #23;-ĹŠ5#-"(#-".ĹŠ#-ĹŠ!4 31.ĹŠ8ĹŠ!(-!.ĹŠ "¢+ 1#2Ä&#x201D;ĹŠ#+ĹŠ!(+(-"1.ĹŠ"#ĹŠ% 2Ä&#x201C;

:ebeh[i F_YkWi_" Z[b XWhh_e >kWbfe h[YehZÂ&#x152; gk[ [d WXh_b Z[b WÂ&#x2039;e fWiWZe" bWi \k[hj[i bbkl_Wi Z[ijhko[hed fWhj[ Z[ bW dk[lW l_l_[dZW gk[ [ijWXWd feh j[h# c_dWh Z[ Yedijhk_h$ Ik ieXh_dW l_lÂ&#x2021;W [d bW YWiW gk[ bW \kh_W Z[b W]kW W\[YjÂ&#x152;" iWb_Â&#x152; W XkiYWh YkWh# jei Z[ Whh_[dZe$

;d [iW \[Y^W" jeZWi bWi Wkje# h_ZWZ[i bb[]Whed W ieYehh[h o W e\h[Y[h l_l_[dZWi" f[he ^WijW bW \[Y^W" de i[ l[ dWZW" iÂ&#x152;be Z[i# jhkYY_Â&#x152;d o Z[iYedĂ&#x2019; WdpW Z[ bei W\[YjWZei$ BW jhW][Z_W Z[ :ebe# h[i i[ feZhÂ&#x2021;W WXbWdZWh kd feYe" Yed kdW l_l_[dZW" f[he de Ye# deY[ [d gk[ i_jkWY_Â&#x152;d [ij|d bei jh|c_j[i$

;d kdW YWiW l_[`W l_l[ Yed ik d_[je" W gk_[d bW jh_ij[pW b[ [c# XWh]W" feh bW ck[hj[ Z[ iki fW# Zh[i o WXk[b_je ^WY[ jh[i WÂ&#x2039;ei" de j_[d[ jhWXW`e" ik WXk[b_jW h[# Y_X[ kdW f[gk[Â&#x2039;W WokZW [YedÂ&#x152;# c_YW Z[iZ[ ;ifWÂ&#x2039;W" W^Â&#x2021; [ij| ik ejhW d_[jW$ I[]kdZe Z[ bW Jehh[" fh[i_# Z[dj[ Z[ bW @kdjW FWhhegk_Wb Z[ ?bkc|d" Z_`e gk[ jWcfeYe j_[d[ cWoeh[i Z[jWbb[i Z[b e\h[Y_c_[d# je Z[ bWi l_l_[dZWi" be Â&#x2018;d_Ye gk[ iWX[ [i gk[ [ij|d WfheXWZei$ F[he [ijW h[ifk[ijW [d [b C_# d_ij[h_e Z[ :[iWhhebbe KhXWde o

L_l_[dZW C_Zkl_ bW j_[d[d Z[i# Z[ [b WÂ&#x2039;e fWiWZe" [d [ij[" de ^W YWcX_WZe$ @ei[\_dW OWcX[hbW" [i ejhW f[h`kZ_YWZW" [bbW l_l[ [d kd YkWhje Z[b Y[djhe _d\Wdj_b 7c_# ]k_jei Z[ >kWbfe" ik YWiW [ij| Z[ijhk_ZW" ik [ifeie ckh_Â&#x152; ^WY[ i[_i c[i[i i_d c_hWh ik YWiW$ .ĹŠ++#% ĹŠ#+ĹŠ/1#24/4#23. HeiW 9Â&#x152;hZelW" jÂ&#x192;Yd_YW ieY_Wb Z[b C_Zkl_" Z_`e gk[ j_[d[d gk[ [if[hWh [b fh[ikfk[ije o i_ de bb[]Wd bei h[Ykhiei de fk[Z[d ^WY[h dWZW$

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

"# % 7' + 1' 479/11' $+7' '7C' &4/1' )*4 "'):7/ &'2(7'34 '/2+ 41'3*4 3- 48+74 :/74> +33+ *+1 438:+14 48+74 $'1+3)/' '/74 '3/14 3- /2B3+> $/;+74 '7)/' +72'3/' 7 $')' 147+8 '(14 89'3/81'4

3- A)42+ 439'1;4 !'=43'7' )*' '1*+7E3 C'> '7C' +34;+;' 3- 47+34 :'2A3 /+-4 '2/74 )*' '7'2/114 #77+89' '7C' 3B8 7 .')E3 '89/*'8 +1843 4*41,4

)*' 42'8 '> /9' :)C' 3- '3*A>:7/ +;'1148 !+34;/' +*'1/* 3- 12+*4 '> 1':*/4 +72A3/)4 3- 439+3+-74 "'2'=4 E3/)' %41'3*' 3- 37C6:+> 7/0'1;' 47-+ /1/(+794 7' + 1' 479/11' $+7' '7C' &4/1' 7 $')' 147+8 '(14 89'3/81'4 3- /2B3+> $/;+74 '7)/' +72'3/' 48+74 $'1+3)/' '/74 '3/14

$ ! !! !

'* '/

ÂĄ Ä&#x201C;ĹŠ +ĹŠ31 -2/.13#ĹŠ/Ă&#x152; +(!.ĹŠ#23;ĹŠ/1.'( (".ĹŠ"#ĹŠ1# +(9 1ĹŠ/ 1 " 2ĹŠ +ĹŠ (-%1#2.ĹŠ ĹŠ .3 ! !'(Ä&#x201C;

)&# v Ĺ&#x2039;0#!#& ,6Ĺ&#x2039; (Ĺ&#x2039; #(- +/v BWi Wkjeh_ZWZ[i gk[ i[ h[kd_[# hed [b c_Â&#x192;hYeb[i [d bW fWhhe# gk_W Z[ ?bkc|d Whhe`Â&#x152; Xk[dei h[ikbjWZei fWhW bei Yeckd[# hei$ BW fh_c[hW WYY_Â&#x152;d gk[ i[ [`[YkjW Z[iZ[ Wo[h [d bW Wkje# lÂ&#x2021;W [i [b Yedjheb Z[ bWi fWhWZWi Z[ bei Xki[i _dj[hfhel_dY_Wb[i [ _dj[hYWdjedWb[i gk[ h[Wb_pW bW Feb_YÂ&#x2021;W DWY_edWb$ BW Z[dkdY_W Z[ bWi Wkjeh_ZW# Z[i fWhhegk_Wb[i o Z[ bei fhe# f_[jWh_ei Z[ bei jWn_i 9ejWjkh_i [i gk[ bei [cXWhgk[i o Z[i[c#

XWhgk[i Z[ bei fWiW`[hei i[ h[W# b_pWd [d YkWbgk_[h fWhj[" c[dei [d bWi fWhWZWi [ijWXb[Y_ZWi$ M_bb_Wc OÂ&#x192;f[p" `[\[ Z[ bW Feb_YÂ&#x2021;W Z[ Jh|di_je" Z_`e gk[ bW fWhWZW Z[ Xki[i [i `kdje Wb fWie f[WjedWb Wb _d]h[ie W ?bkc|d o [ie i[ ^Wh| h[if[jWh" fWhW [l_jWh WYY_Z[dj[i gk[ bW# c[djWh$ BW Feb_YÂ&#x2021;W jWcX_Â&#x192;d [ij| Z_ifk[ijW W i[h fWhj[ Z[ bW YWfWY_jWY_Â&#x152;d W bei Yeckd[hei fWhW gk[ kj_b_Y[d bei fk[dj[i f[WjedWb[i$


#1,#+ " ĹŠ ! 2#1 Ä&#x201D;ĹŠ#+ĹŠ2 .1ĹŠ "#ĹŠ+.ĹŠ 13#2 -.

.ĹŠ,#).1ĹŠ/ 1 ĹŠ/1#/ 1 1ĹŠ+ ĹŠ,#1,#+ " Ä&#x201D;ĹŠ#2ĹŠ04#ĹŠ + ĹŠ$143 ĹŠ#23_ĹŠ, "41 Ä&#x201D;ĹŠ-.ĹŠ,48ĹŠ + -" Ä&#x201D;ĹŠ8ĹŠ!.-ĹŠ !.+.1ĹŠ8ĹŠ 1., ĹŠ$4#13#2Ä&#x201C;

b Yebeh" Whe# cW o iWXeh" WiÂ&#x2021; Yece iki iWdWi fhef_[# ZWZ[i" ^WY[d Z[ bW \hkjW kd Wb_c[dje _hh[# i_ij_Xb[$ I_d [cXWh]e" cko W c[dkZe" i[ [ijhef[Wd o de gk[# ZW c|i h[c[Z_e gk[ Z[i^WY[hi[ Z[ [bbWi$ KdW Xk[dW Wbj[hdWj_lW fWhW Yedi[hlWhbWi o Z[]kijWh# bWi" [i [d \ehcW Z[ c[hc[bWZWi" kdW fh[fWhWY_Â&#x152;d gk[ f[hZkhW XWijWdj[ j_[cfe _dWbj[hWXb[$ BW \Â&#x152;hckbW [i i[dY_bbW0 kdW c[pYbW Z[ \hkjW YeY_ZW o WpÂ&#x2018;YWh$ 7kdgk[ bW fheZkYY_Â&#x152;d _d# Zkijh_Wb Z[ bWi c[hc[bWZWi [ij| cko [nj[dZ_ZW o feh [bbe feZ[cei [dYedjhWh dkc[he# iWi lWh_[ZWZ[i [d YkWbgk_[h ikf[hc[hYWZe" ckY^ei ied bei gk[ fh[Ă&#x2019; [h[d ^WY[hbWi feh iÂ&#x2021; c_icei" be]hWdZe kd fheZkYje ckY^e c|i dWjkhWb$ ;b fheY[ie [i Wb]e bWXeh_eie" f[he Yed kd feYe Z[ fWY_[dY_W j[dZh|i kdW Z[if[diW Z[b_Y_eiW

Ŋ#+#!!(¢-Ŋ8Ŋ/1#/ 1 !(¢;b fh_c[h fWie [i [b[]_h [b j_fe Z[ \hkjW" fh[\[h[dj[c[dj[" \h[i#

YW$ ;d [ij[ i[dj_Ze" de ^Wo c|i b_c_jWY_ed[i gk[ dk[ijhei ]ki# jei0 Z[iZ[ bWi c|i jÂ&#x2021;f_YWi Z[ c[# beYejÂ&#x152;d" \h[iW e Y_hk[bW fWiWdZe feh bei YÂ&#x2021;jh_Yei" \hkjei i[Yei e bWi ^ehjWb_pWi Yece jecWj[i" pWdW^eh_Wi e Y[XebbW$ Be c[`eh fWhW fh[fWhWh bW c[hc[bWZW [i gk[ bW \hkjW [ijÂ&#x192; cWZkhW" de cko XbWdZW" o Yed Yebeh o Whe# cW \k[hj[i" gk[ ied _dZ_YWj_lei Z[b Xk[d iWXeh$ BW \hkjW i[b[YY_edWZW i[ f[bW" i[ h[j_hWd bei ^k[iei e f[f_jWi o i[ jheY[W$ 9edl_[d[" jWcX_Â&#x192;d" jh_jkhWh bW fkbfW b_][hWc[dj[ fWhW gk[ [if[i[ c[`eh$ Bk[]e" i[ Z[`W cWY[hWh [d bW c_icW YWdj_ZWZ Z[ WpÂ&#x2018;YWh fWhW gk[ ik[bj[ `k]e$ ;i WZ[YkWZe WÂ&#x2039;WZ_h kd Y^ehh_je Z[ b_cÂ&#x152;d fWhW fh[# l[d_h bW en_ZWY_Â&#x152;d$ 7 Yedj_dkWY_Â&#x152;d" i[ fed[ W ^[hl_h$ H[Wb_pWh Yehh[YjWc[dj[ bW YeYY_Â&#x152;d [i \kdZWc[djWb fWhW be]hWh kdW Xk[dW c[hc[bWZW$ ;b j_[cfe [d [b \k[]e Z[f[dZ[h| Z[ bW YWdj_ZWZ Z[ W]kW gk[ Yed# j[d]W bW \hkjW$ FWhW bW Yedi[hlWY_Â&#x152;d [d \hWiYei Z[ Yh_ijWb Z[ bWi c[hc[# bWZWi" fh_c[he Z[X[d [ij[h_b_# pWhi[ bei h[Y_f_[dj[i Z[ Yh_ijWb"

^_hl_Â&#x192;dZebei$ 7 Yedj_dkWY_Â&#x152;d" i[ l_[hj[ bW c[hc[bWZW [d [bbei" i[ Y_[hhWd X_[d o i[ YWb_[djWd Wb XWÂ&#x2039;e CWhÂ&#x2021;W kdei (& c_dk# jei fWhW Yedi[]k_h [b i[bbWZe ^[hcÂ&#x192;j_Ye$ :[ [ijW \ehcW" bWi c[hc[bWZWi fk[Z[d ZkhWhdei ckY^e j_[cfe$ 4ĹŠ42.ĹŠ#-ĹŠ+ ĹŠ!.!(- ;b [cfb[e Z[ c[hc[bWZWi [d bW YeY_dW i[ WieY_W Z_h[YjWc[dj[ Yed [b Yedikce Z[ jeijWZWi o ]W# bb[jWi" fWhW Z[iWokdWh e c[h[d# ZWh" oW gk[ ied kdjWXb[i o Wfeh# jWd W WcXei Wb_c[djei kd iWXeh [nY[fY_edWb$ ;d ][d[hWb" bW h[# feij[hÂ&#x2021;W Yk[djW Yed bW c[hc[bW# ZW Yece kde Z[ iki _d]h[Z_[dj[i fh_dY_fWb[i$ F[he Wb]kdWi" Yece bW Z[ \hWcXk[iW" i[ kiWd YWZW l[p c|i Yece WYecfWÂ&#x2039;Wc_[dje Z[ fWjÂ&#x192;i" fWhW ZWh kd [ngk_i_je YedjhWij[ Z[ iWXeh$ BWi c[hc[bWZWi Z[ ^ehjW# b_pWi Yece bW Y[XebbW" bW Z[ pW# dW^eh_W e bW Z[ jecWj[" i[ ^Wd fk[ije cko Z[ ceZW" e\h[Y_[d# Ze [d bW ]WijhedecÂ&#x2021;W" kd Wcfb_e WXWd_Ye Z[ fei_X_b_ZWZ[i" oW gk[ i[ fk[Z[d WÂ&#x2039;WZ_h jWdje W YWhd[i Yece W f[iYWZei" gk[iei" jehj_# bbWi e [diWbWZWi$

Â&#x192; Ĺ? Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

Ä Ä


āĂ

ŏ ĂĈŏ ŏ ŏĂĀāĂ

ŏ +. ŏ ġ

# ũ(-$.1, !(¢666ē+ '.1 ē!.,ē#!

" , 1(2ũ -1 -%.Ĕũ -3'.-8ũ ~-!(-Ĕũ 1#-ũ #, !'#Ĕũ 1(#+ ũ .++ %4 9.Ĕũ 1~ ũ -(/ 3(-ũ8ũ 1#+8ũ #5 ++.2ē

!3(5(" "#2

+5(2ũ 13~-#9Ĕũ -3'.-8ũ ( -Ĕũ # 23(;-ũ -1 -%.Ĕũ .24_ũ -".5 +Ĕũ .#+ũ (++ , 1Ĕũ -"1_2ũ .-.2.Ĕũ #Ăũ#12.-ũ 4#13.Ĕũ 1(#+ũ ."1~%4#9Ĕũ 423(-ũ #5#+.Ĕũ 7#04(#+ũ (++ 1# +Ĕũ + #13'ũ 2# -%.ũ8ũ ,(#ũ ~ 9ē

(2(3 ũ +ũ!4 13#+ũ ,(+(3 1ũ8ũ ., #1.2

.ũ 4"( ũ #- 5("#9Ĕũ 1#+8ũ #5 ++.2Ĕũ " , 1(2ũ -1 -%.Ĕũ 1~ ũ -(/ ı 3(-Ĕũ 4+(- ũ 4(9Ĕũ 1(- ũ 2! -%.Ĕũ 83_ũ ., 204(Ĕũ (-3'( ũ !4 -%.Ĕũ 1(#+ ũ .++ %4 9.ũ8ũ 81(2ũ .,.ē

1( - ũ .1 +Ĕũ, "1#ũ!.,4-(3 1( ėũ 1%#-3.ũ 4+( ũ #(-.2.ũ8ũ 1,#-ũ 13(9Ĕũ /1.$#2.1 ē

,(#ũ ~ 9Ĕũ 423(-ũ #5#+.Ĕũ .24_ũ -".5 +ũ8ũ#+ũ! .ũ "6(-ũ (-" ē

.2ũ,(#, 1.2ũ"#ũ+ ũ! 2 ! ũ1.) Ĕũ #7/+(! 1.ũ ũ+.2ũ(-$ -3#2Ĕũ#+ũ31 ).ũ 04#ũ"#2 11.++ -ũ/ 1 ũ!4(" 1ũ+ ũ 2#%41(" "ũ"#ũ+ 2ũ/#12.- 2ũ8ũ 242ũ (#-#2ũ, 3#1( +#2ēũ 4#ũ4- ũ #7/.2(!(¢-ũ2#-!(++ ũ/#1.ũ++#- ũ"#ũ #,.3(5(" "ũ/ 1 ũ+.2ũ/#04# .2ũ 5(2(3 -3#2ēũũ

)-ŋ(# )-ŋ ŋ& ŋ - / & ŋ )(,#- -ŋ ŋ& ŋ ( ŋ0#-#. ,)(ŋ &ŋ / ,. &ŋ ŋ )' ( )ŋ ŋ& ŋ )&# v ŋ3ŋ&)-ŋ )' ,)-ąŋ (ŋ-/ŋ , ),,# )ŋ, ),,# ,)(ŋ& -ŋ#(-. & #)( -ŋ ŋ0#!#& ( # ąŋ )' Ě ), -ąŋ* &/+/ ,v ąŋ)ðŋ #( -ŋ3ŋ &ŋðŋ( &ŋ- ŋ')(. ,)(ŋ (ŋ/(ŋ ,,)ŋ ŋ )' ,)-Ą

-3'.-8ũ ( -Ĕũ 1%#-3.ũ)4+( ũ #(-.2.ũ8ũ # 23(;-ũ -1 -%.ē


Â&#x192; Ä

0%!),+ (! 01. Ä Ä&#x2020;Ĺ?)%*Ä&#x2039;

Ĺ?Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ?

)-*#. &Ĺ&#x2039; Ĺ&#x2039; / 3 +/#&Ĺ&#x2039; - Ĺ&#x2039; ,,). Ĺ&#x2039;*),Ĺ&#x2039; (!/ ĹŠÂ&#x161; 9_[djei Z[ f[hiedWi

Ä&#x2C6;Ä?ĹŠ! 2.2ĹŠ# -3.ĹŠ .,(-%.

Yed iÂ&#x2021;djecWi Z[ Z[d]k[ Yb|i_Ye [if[hWd Wj[dY_Â&#x152;d [d [b >eif_jWb Z[ ?d\[Yebe]Â&#x2021;W @eiÂ&#x192; :Wd_[b He# ZhÂ&#x2021;]k[p" Z[ =kWoWgk_b$ 7o[h" bWi \_bWi Z[ fWY_[dj[i ĹŠ ĹŠ ĹŠÄ&#x203A;ĹŠ 23 ĹŠ#+ĹŠÄ&#x2C6;Ä&#x2018;ĹŠ [hWd bWh]Wi o" Wdj[ [b jhWXW`e Z[ "#ĹŠ#-#1.Ä&#x201D;ĹŠ2#ĹŠ1#%(231 1.-ĹŠÄ&#x2C6;Ä?ĹŠ! 2.2ĹŠ bei f[h_eZ_ijWi" bW :_h[YY_Â&#x152;d Z[b "#ĹŠ"#-%4#ĹŠ!+;2(!.Ä&#x201D;ĹŠÄ&#x2C6;Ä&#x2021;ĹŠ"#ĹŠ#++.2ĹŠ#-ĹŠ Y[djhe ehZ[dÂ&#x152; gk[ i[ Y_[hh[d bWi + ĹŠĂ&#x152;+3(, ĹŠ2#, - Ä&#x201C;ĹŠ -ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2C6;Ä&#x2C6;Ä&#x201D;ĹŠ#+ĹŠ -23(Äą fk[hjWi W bW fh[diW$ I_d [cXWh# 343.ĹŠ 904(#3 ĹŠ _1#9ĹŠ!.-3 (+(9¢ŊÄ&#x2C6;Ä?Ä&#x152;ĹŠ ]e" [d bei [nj[h_eh[i Z[ bW YWiW Z[ ! 2.2ĹŠ/.2(3(5.2ĹŠ"#ĹŠ+ ĹŠ#-$#1,#" "Ä&#x201D;ĹŠ iWbkZ" bW fh[i[dY_W Z[ kikWh_ei /#1.ĹŠ-.ĹŠ'4 .ĹŠ-(-%4-.ĹŠ"#ĹŠ"#-%4#ĹŠ [hW YWZW l[p c|i dkjh_ZW" be gk[ '#,.11;%(!.Ä&#x201C;ĹŠ 23#ĹŠ  .Ä&#x201D;ĹŠ#-ĹŠ! , (.Ä&#x201D;ĹŠ f[hc_j_Â&#x152; eXj[d[h bei j[ij_ce# 2#ĹŠ1#%(231¢Ŋ4-.Ä&#x201C;ĹŠ d_ei$ Ă&#x2020;C[ Zk[b[ ckY^e bW ĹŠ h[Wb Z[ _d\[YjWZei Yed YWX[pW o ^[ lec_jWZe [d bW [d\[hc[ZWZ i[ cWd# lWh_Wi eYWi_ed[iĂ&#x2021;" Z[YÂ&#x2021;W j_[d[ [d h[i[hlW$ >WijW +#, 2ĹŠ MWi^_d]jed =WhYÂ&#x2021;W" kde .2ĹŠ/1. [b fWiWZe '/ Z[ [d[he" [b "#ĹŠ %4 ĹŠ#,/.Äą Z[ bei W\[YjWZei gk[ bb[]Â&#x152; 9 " ĹŠ/#12(23#-ĹŠ dÂ&#x2018;c[he Z[ f[hiedWi Yed Wb >eif_jWb Z[iZ[ [b dehj[ #-ĹŠ2#!3.1#2ĹŠ !.,.ĹŠ #1%#+#2Ä&#x201D;ĹŠĹŠ Z[d]k[ Yb|i_Ye XehZ[WXW +.1ĹŠ"#ĹŠ 23(¢-Ä&#x201D;ĹŠĹŠ bei '&&" c_[djhWi ^WijW Z[ bW Y_kZWZ$ 1 ~2.ĹŠ"#ĹŠ+ ĹŠ +.1ĹŠ [b cWhj[i Z[ [ijW i[cW# 8ĹŠ +ĹŠ .13~-Ä&#x201D;ĹŠ"#ĹŠ 4 8 04(+Ä&#x201C; #!1#3. dW" bW Y_\hW ^WXÂ&#x2021;W i_Ze ik# ;ije" c_[djhWi bW Y_\hW f[hWZW$

Ĺ&#x2014;ĹŠĹŠ

ÂĄ Ä&#x201C;ĹŠ -ĹŠ+.2ĹŠ#73#1(.1#2Ä&#x201D;ĹŠ2#ĹŠ' -ĹŠ!.+.! ".ĹŠ4- 2ĹŠ! 1/ 2ĹŠ#7!+42(5 2ĹŠ/ 1 ĹŠ+.2ĹŠ / !(#-3#2ĹŠ!.-ĹŠ2~-3., 2ĹŠ"#ĹŠ#23 ĹŠ#-$#1,#" "Ä&#x201C;Ŋĸ .3.Ä&#x2013;ĹŠ 1!'(5.ÄšÄ&#x201C;ĹŠ

&Ĺ&#x2039; / ,. Ĺ&#x2039;. '*), &Ĺ&#x2039; # ,, Ĺ&#x2039; #'*),. (. Ĺ&#x2039;0v Ĺ&#x2039; Ĺ&#x2039; ).)* 2# ĹŠ Â&#x161; Kd \k[hj[ _dl_[h# (2(3 de WpejW bW pedW eYY_Z[djWb Z[ ;b c_Â&#x192;hYeb[i" [b ]eX[hdWZeh [d# 9ejefWn_$ BW CWd| [i kde Z[ YWh]WZe Z[ 9ejefWn_" <[hdWdZe Ik|h[p" h[Wb_pÂ&#x152; kd h[Ye# bei YWdjed[i c|i W\[Y# jWZei$ ;d bW cWÂ&#x2039;WdW Z[ ĹŠ hh_Ze feh bWi pedWi W\[Y# Wo[h" C_h_Wc PWfWjW" jWZWi$ I[]Â&#x2018;d kd Xeb[jÂ&#x2021;d Z[ fh[diW Z[ bW =eX[hdW# h[ifediWXb[ Z[ bW iWbW i_jkWY_edWb Z[ 9ejefWn_" 7(23#-ĹŠ".2ĹŠ5~ 2ĹŠ +3#1- 2ĹŠ ĹŠ+ ĹŠ04#ĹŠ Y_Â&#x152;d" [b h[Yehh_Ze i[ h[Wb_# _d\ehcÂ&#x152; gk[ ^kXe kd Z[# 2#ĹŠ5(.ĹŠ $#!3 " Ä&#x201D;ĹŠ pÂ&#x152; Yed`kdjWc[dj[ Yed [b WbYWbZ[ Z[ BW CWd|" D[b# hhkcX[ ZkhWdj[ bW cW# 4-04#ĹŠ24ĹŠ31 Äą 8#!3.ĹŠ#2ĹŠ,;2ĹŠ Zhk]WZW [d [b i[Yjeh Z[ + 1%.Ä&#x201C;ĹŠ ied L_bbWh[Wb1 bW Z[b[]WZW ;b =kWcXe [d bW lÂ&#x2021;W Fk`_# Z[ bW I[Yh[jWhÂ&#x2021;W DWY_edWb bÂ&#x2021;#BW CWd|" gk[ kd[ bW fhel_d# Z[ =[ij_Â&#x152;d Z[ H_[i]ei ID=H " :_WdW ;cWdk[b1 [b Z_h[Yjeh fhe# Y_W Yed Bei HÂ&#x2021;ei$ ;b Z_h[Yjeh Z[ EXhWi FÂ&#x2018;Xb_YWi" l_dY_Wb Z[ IWbkZ FÂ&#x2018;Xb_YW" @eiÂ&#x192; CWhYe 7cWoW" _d\ehcÂ&#x152; gk[ bW [c# ?pkh_[jW o Wb]kdei c_[cXhei Z[ fh[iW 8[Y[hhW 9k[ijW h[^WX_b_jÂ&#x152; bW bWi `kdjWi fWhhegk_Wb[i Z[ FkYW# lÂ&#x2021;W fWiWZe [b c[Z_eZÂ&#x2021;W$ oWYk o =kWiW]WdZW$

Ä&#x201C;ĹŠ .2ĹŠ/ !(#-3#2ĹŠ"#+ĹŠ .2/(3 +ĹŠ ! ĹŠ 13(9ĹŠ2#ĹŠ04#) -ĹŠ ĹŠ"( 1(.ĹŠ/.1ĹŠ+ ĹŠ"#,.1 ĹŠ#-ĹŠ+ ĹŠ 3#-!(¢-ĹŠ#-ĹŠ#2/#!( +(" "#2Ä&#x201C;ĹŠ

Z # )-Ĺ&#x2039; -* # )-Ĺ&#x2039;Ĺ&#x2039; ()Ĺ&#x2039;-)(Ĺ&#x2039;, '*& 4 )-

#ĹŠ4-ĹŠ3.3 +ĹŠ"#ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2021;ĹŠ/4#23.2ĹŠ04#ĹŠ04#Äą " 1.-ĹŠ5 ! -3#2Ä&#x201D;ĹŠÄ&#x152;Ä&#x2021;ĹŠ' -ĹŠ2(".ĹŠ++#- Äą ".2Ä&#x201C;ĹŠ ĹŠ%#-3#ĹŠ2#ĹŠ2(#-3#ĹŠ $#!3 " Ä&#x201C;ĹŠĹŠ

;b fh[i_Z[dj[ Z[ bW <[Z[hWY_Â&#x152;d Gk_je fehgk[ [d ik fhel_dY_W CÂ&#x192;Z_YW ;YkWjeh_WdW <C; " de ^Wo [if[Y_Wb_ijWi fWhW [b cWb Ehbo EoW]k[" c[dY_edÂ&#x152; gk[ Z[ ik f[gk[Â&#x2039;W$ ;d bW cel_b_pW# Z[ bei Y[hYW Z[ (&& cÂ&#x192;Z_Yei Y_Â&#x152;d c[dikWb" [ijW ck`[hi ]Wi# [if[Y_Wb_ijWi gk[ \k[hed Z[i# jW Y[hYW Z[ +& ZÂ&#x152;bWh[i$ f[Z_Zei [b WÂ&#x2039;e fWiWZe jhWi bWi h[dkdY_Wi eXb_]Wjeh_Wi _cfkb# ĹŠ1# +(" " iWZWi feh [b =eX_[hde" iÂ&#x152;be *& 7 f[iWh Z[ gk[ [d bW [djhWZW ^Wd i_Ze h[[cfbWpWZei" be gk[ fh_dY_fWb Z[b 8WYW Ehj_p ^Wo kd h[fh[i[djW [b (& $ b[jh[he gk[ Z_Y[0 Ă&#x2020;De ^WY[ \WbjW Ă&#x2020;BWi Yecfb_YWY_ed[i [d bWi Zehc_h [d [b ^eif_jWb fWhW WY# Z_l[hiWi YWiWi Z[ iWbkZ feh bW Y[Z[h W kd jkhdeĂ&#x2021;" bWi cWZh[i \WbjW Z[ [if[Y_Wb_ijWi W d_l[b dW# Z_Y[d gk[ iÂ&#x152;be jhWideY^|dZei[ Y_edWb f[hi_ij[d" feh [ie ied bWi be]hWd" [d [b c[`eh Z[ bei YWiei" l[h W kd [if[Y_Wb_ijW$ _di_ij[dj[i gk[`Wi Z[ bW Ă&#x2020;;d jhWkcWjebe]Â&#x2021;W e feXbWY_Â&#x152;d$ ;d jh[i c[# Ä&#x2030;Ä&#x2021;Ĺ&#x2DC; YWhZ_ebe]Â&#x2021;W" [b dÂ&#x2018;c[he i[i" [b C_d_ij[h_e Z[ IW# "#ĹŠ+.2ĹŠ,_"(!.2ĹŠ bkZ de ^W feZ_Ze bb[dWh "#2/#"(".2 Z[ [if[Y_Wb_ijWi [i _dY_# ' ĹŠ2(". bWi lWYWdj[iĂ&#x2021;" i[Â&#x2039;WbÂ&#x152;$ f_[dj[$ Dei gk[ZWcei 1##,/+ 9 ".Ä&#x201C;ĹŠ EoW]k[ c[dY_edÂ&#x152; jeZW bW deY^[ o Wb ZÂ&#x2021;W i_# gk[ [b Z[if_Ze W]hWlÂ&#x152; bW ]k_[dj[ Z_Y[d gk[ oW de Wj[dY_Â&#x152;d$ ^Wo jkhdeiĂ&#x2021;" Z_`e 8bWdYW ĹŠ I_jkWY_Â&#x152;d gk[ \k[ =edp|b[p" kikWh_W$ YedĂ&#x2019;hcWZW feh fWY_[d# _Ä&#x192;!(3ĹŠ"#ĹŠ,_"(!.2ĹŠ j[i Yece 8[hj^W Ceh[_# +ĹŠ"#!1#3.ĹŠ#)#!4Äą 3(5.ĹŠÄ&#x2018;Ä&#x2C6;Ä&#x160;ĹŠ-.1,¢Ŋ hW" gk_[d kdW l[p Wb c[i +.2ĹŠ"#2/(".2ĹŠ#-ĹŠ Kd jhWXW`WZeh Z[ [ij[ bb[]W Z[iZ[ IWdje :e# #+ĹŠ2#!3.1ĹŠ/Ă&#x152; +(!.Ä&#x201C;ĹŠ Y[djhe" gk_[d fh[\_h_Â&#x152; de h[l[bWh ik _Z[dj_ZWZ" c_d]e Z[ bei Ji|Y^_bWi fWhW gk[ ik ^_`W" B_p 9kWZhei" _dZ_YÂ&#x152; gk[ WÂ&#x2018;d de i[ bb[dWd bWi i[W Wj[dZ_ZW [d [b |h[W Z[ ed# lWYWdj[i [d _dckdebe]Â&#x2021;W" ][# Yebe]Â&#x2021;W Z[b >eif_jWb 8WYW Eh# dÂ&#x192;j_YW o edYebe]Â&#x2021;W$ Ă&#x2020;;b ZeYjeh FWÂ&#x2018;b 7ijkZ_bbe" j_p" Z[ Gk_je$ BW d_Â&#x2039;W fWZ[Y[ Z[ ^_ij_ei_jeY_i Y|dY[h $ gk_[d h[Wb_pWXW ef[hWY_ed[i Ă&#x2020;KdW f_Z[ jkhdei o de ^Wo" WXZec_dWb[i" de [i h[[cfbW# Yedi_Z[he gk[ Z[X[hÂ&#x2021;Wd [n_ij_h pWZe$ BW ZeYjehW CWhÂ&#x2021;W 8WhXW" c|i [if[Y_Wb_ijWi feh bW Z[# gk_[d jhWjWXW bW b[kY[c_W" jWc# cWdZW [d [b >eif_jWbĂ&#x2021;$ Ceh[_hW feYe$ 9edepYe gk[ bW dk[lW Wi[]khÂ&#x152; gk[ Z[X[ jhWibWZWhi[ W :_h[YjehW [i ][d[j_ijW" f[he [b

ĹŠ.31 ĹŠ! 1 "#ĹŠ+ ĹŠ,.-#" ĹŠĹŠ -ĹŠ#+ĹŠ .2/(3 +ĹŠ 4%#-(.ĹŠ 2/#).ĹŠ+.2ĹŠ Ĺ&#x2014;/ !(#-3#2ĹŠ 2#%41 -ĹŠ04#ĹŠ+ ĹŠ2(34 !(¢-ĹŠ

' ĹŠ,#).1 ".Ä&#x201C;ĹŠÄĄ #ĹŠ'#ĹŠ'#!'.ĹŠ 3#-"#1ĹŠ #-ĹŠ #4,.+.%~ ĹŠ8ĹŠ#+ĹŠ2#15(!(.ĹŠ' ĹŠ 2(".ĹŠ 4#-.Ä&#x201D;ĹŠ '.1 ĹŠ#+ĹŠ".!3.1ĹŠ,#ĹŠ' ĹŠ " ".ĹŠ4- ĹŠ-4#5 ĹŠ!(3 ĹŠ/ 1 ĹŠ5#1ĹŠ!¢,.ĹŠ #5.+4!(.-.ĹŠ"#2/4_2ĹŠ"#ĹŠ3., 1ĹŠ+.2ĹŠ ,#"(! ,#-3.2ĢÄ&#x201D;ĹŠ2# +¢Ŋ Ă&#x152;+ĹŠ +"#Äą 1¢-Ä&#x201D;ĹŠ"#ĹŠÄ&#x2018;Ä&#x2C6;ĹŠ  .2Ä&#x201C; (-ĹŠ#, 1%.Ä&#x201D;ĹŠ+.2ĹŠ/ !(#-3#2ĹŠ-.ĹŠ #23;-ĹŠ!.-3#-3.2ĹŠ!.-ĹŠ#+ĹŠ31 3.ĹŠ04#ĹŠ 1#!( #-ĹŠ"#ĹŠ!(#13 2ĹŠ#-$#1,#1 2Ä&#x201C;ĹŠ ÄĄ #2"#ĹŠ04#ĹŠ" -ĹŠ(-$.1, !(¢-ĹŠ5(#-#ĹŠ#+ĹŠ , +31 3.ĹŠ +ĹŠ/ !(#-3#Ä&#x201D;ĹŠ-.ĹŠ2.-ĹŠ3.+#1 -Äą 3#2ĢÄ&#x201D;ĹŠ!.,#-3¢Ŋ .+ ĹŠ 9,( .Ä&#x201D;ĹŠ04(#-ĹŠ ' ĹŠ1#!( (".ĹŠ 3#-!(¢-ĹŠ#-ĹŠ%(-#!.+.%~ Ä&#x201D;ĹŠ 31 4, 3.+.%~ ĹŠ8ĹŠ, 23.+.%~ Ä&#x201C;ĹŠĹŠĹŠ

:_h[Yjeh de ^WY[ YedikbjWĂ&#x2021;$ ;2ĹŠ#)#,/+.2

;b Z_h[Yjeh Z[b >eif_jWb FWXbe 7hjkhe Ik|h[p" jWcX_Â&#x192;d Z[ Gk_# je" 7dZhÂ&#x192;i 9ehhWb" YedĂ&#x2019;hcÂ&#x152; gk[ [d [i[ Y[djhe jWcfeYe i[ ^Wd bb[dWZe bei i_j_ei lWYÂ&#x2021;ei" f[he de Z_e c|i Z[jWbb[i fehgk[ Z_`e gk[ fWhW ^WXbWh Z[b j[cW [hW d[Y[# iWh_e YeehZ_dWh kdW [djh[l_ijW Yed [b Z[fWhjWc[dje Z[ Yeck# d_YWY_Â&#x152;d$ :[ifkÂ&#x192;i Z[ h[Wb_pWh [b jh|c_j[" _dZ_YWhed gk[ [b Â&#x2018;d_Ye leY[he eĂ&#x2019;Y_Wb [hW [b C_d_ij[h_e Z[ IWbkZ$ :_Y^W YWhj[hW de Z_e h[ifk[i# jW" W f[iWh Z[ gk[ i[ [dl_Â&#x152;" Yece f_Z_[hed" kd Yehh[e [b[YjhÂ&#x152;d_Ye ieb_Y_jWdZe kdW [djh[l_ijW Yed bW f[hiedW h[ifediWXb[$

- ,. (Ĺ&#x2039; ' ,! ( # Ĺ&#x2039;#(0 ,( &Ĺ&#x2039; (Ĺ&#x2039; / 3 ĹŠ Ä&#x201D;ĹŠ ĹŠ Ä&#x203A;

;b ]e# X[hdWZeh Z[ =kWoWi" HeX[h# je 9k[he" Wi[]khÂ&#x152; Wo[h gk[ de Z[YbWhWh| [d [c[h][dY_W W bW fhel_dY_W Wdj[ [b Z[iXeh# ZWc_[dje Z[b hÂ&#x2021;e 9WÂ&#x2039;Wh" gk[ _dkdZÂ&#x152; ]hWd fWhj[ Z[ [ijW fe# XbWY_Â&#x152;d o Z[diWi ^[Yj|h[Wi Z[ fbWdjWY_ed[i XWdWd[hWi$ 9k[he l_i_jÂ&#x152; Wo[h bW be#

YWb_ZWZ W\[YjWZW `kdje Yed i[Â&#x2039;Wh| kdW [ijhWj[]_W fWhW fhe# \kdY_edWh_ei Z[ bW I[# j[][h W bW feXbWY_Â&#x152;d Wdj[ bW Whh[c[j_ZW Z[ bW dW# Yh[jWhÂ&#x2021;W DWY_edWb Z[ ĹŠ =[ij_Â&#x152;d Z[ H_[i]ei jkhWb[pW$ C_[djhWi jWdje" \k[ [l_Z[dj[ bW XW`W Z[b ID=H " fWhW [djh[]Wh (3 -3#2ĹŠ WokZW W bei ZWcd_\_# .2ĹŠ' YWkZWb Z[b W]kW Z[b hÂ&#x2021;e "#ĹŠ#23#ĹŠ2#!3.1ĹŠ YWZei o h[kd_hi[ Yed #2/#1 -ĹŠ04#ĹŠ#+ĹŠ gk[ fkie [d f[b_]he bW [i# [b WbYWbZ[ Z[ DWhWd`Wb" ! 4" +ĹŠ"#+ĹŠ1~.ĹŠ )#ĹŠ/.1ĹŠ!.,/+#Äą jhkYjkhW Z[b fk[dj[ gk[ 3.ĹŠ/ 1 ĹŠ+(,/( 1ĹŠ Yed[YjW W =kWoWi Yed [b CWhYei 9^_YW$ 242ĹŠ5(5(#-" 2Ä&#x201C;ĹŠ 9k[he Z_`e gk[ i[ Z_# ikh Z[b fWÂ&#x2021;i$


Ä&#x2019; )Ĺ&#x2039;- Ĺ&#x2039;*/ Ĺ&#x2039; ' # ,Ĺ&#x2039; & Ĺ&#x2039;"#-.),# Ĺ&#x2039; Ĺ&#x2039;& Ĺ&#x2039; '/ ,. Ĺ&#x2039; Ĺ&#x2039; & ,)Ä&#x201C;

Â&#x192; Ä&#x201A;

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

Ä&#x201C;ĹŠ +ĹŠ+4% 1ĹŠ#23;ĹŠ4 (! ".ĹŠ ĹŠÄ&#x152;Ä&#x201C;Ä&#x2018;Ä&#x2021;Ä&#x2021;ĹŠ,#31.2Ä&#x201C;ĹŠ

&Ĺ&#x2039;, /!#)Ĺ&#x2039; &Ĺ&#x2039; ).)* 2#Ĺ&#x2039; ()Ĺ&#x2039; ,, ,6Ĺ&#x2039;-/-Ĺ&#x2039;*/ ,. ;b H[\k]_e @eiÂ&#x192; H_lWi" kX_YWZe [d [b lebY|d 9ejefWn_" i[]k_h| W YWh# ]e Z[b =hkfe Z[ 7iY[dY_ed_ice Z[b 9eb[]_e IWd =WXh_[b =WYi] ^WijW gk[ [b C_d_ij[h_e Z[ 7c# X_[dj[ Yedlegk[ W kdW b_Y_jWY_Â&#x152;d

ĹŠ24 2#!1#3 1( ĹŠ"#ĹŠ 31(,.-(.ĹŠ fWhW bW WZc_d_ijhWY_Â&#x152;d Z[b bk]Wh" 341 +Ä&#x201D;ĹŠ -( ĹŠ (++#% 2Ä&#x201D;ĹŠ(-"(!¢Ŋ04#Ä&#x201D;ĹŠ be gk[ _cfb_YW gk[ iki fk[hjWi "#2"#ĹŠ#+ĹŠÄ&#x2C6;Ä?ĹŠ"#ĹŠ#-#1.Ä&#x201D;ĹŠ#+ĹŠ(-%1#2.ĹŠ ĹŠ+ 2ĹŠ de Y[hhWh|d ZkhWdj[ bW jhWdi_# Ä&#x152;Ä?ĹŠ;1# 2ĹŠ/1.3#%(" 2ĹŠ"#+ĹŠ/ ~2Ä&#x201D;ĹŠ#7!#/Äą Y_Â&#x152;d$ 7iÂ&#x2021; be YedĂ&#x2019;hcÂ&#x152; bW ikXi[# 3.ĹŠ +;/ %.2Ä&#x201D;ĹŠ#2ĹŠ%1 34(3.Ä&#x201C;ĹŠÄĄ 4-04#ĹŠ Yh[jWh_W Z[b FWjh_ced_e DWjkhWb" 04#++.2ĹŠ!.23.2ĹŠ04#ĹŠ3(#-#-ĹŠ04#ĹŠ5#1ĹŠ JWd_W L_bb[]Wi$ !.-ĹŠ"#2 11.++.ĹŠ"#ĹŠ(-5#23(% !(.-#2ĹŠ Ă&#x2020;Bei X[d[Ă&#x2019;Y_Wh_ei de fk[Z[d 8ĹŠÄ&#x192;+, !(.-#2ĹŠ2(%4#-ĹŠ5(%#-3#2Ä&#x201D;ĹŠ 2~ĹŠ gk[ZWhi[ i_d [i[ i[hl_Y_e$ >[cei !.,.ĹŠ+.2ĹŠ"#ĹŠ42.ĹŠ"#ĹŠ(-$1 #2314!341 ĢÄ&#x201C;ĹŠ ^WXbWZe Yed [b ][h[dj[ Z[b YbkX fWhW _h W kd fheY[ie Z[ jhWdi_# [ij|d$ I[ d[Y[i_jWXWd Wd|b_i_i Y_Â&#x152;d Z[ [djh[ jh[i o i[_i c[i[iĂ&#x2021;$ jÂ&#x192;Yd_Yei" _dYbkie Z[ ik[be$$$Ă&#x2021;$ I_d [cXWh]e" [b l_Y[fh[i_Z[d# 9.-#2 j[ Z[b =WYi]" Bk_i IjWY[o" I[]Â&#x2018;d bW \kdY_edWh_W" [b ĹŠ Z_`e gk[ dkdYW h[Y_X_[hed =WYi] _dYkcfb_Â&#x152; Wb]k# kdW dej_Ă&#x2019;YWY_Â&#x152;d feh fWh# dei WYk[hZei gk[ i[ iki# j[ Z[b C_d_ij[h_e Z[ 7c# Yh_X_[hed [d [b Yedl[d_e 2ĹŠ5(2(3 2ĹŠ ĹŠ+ 2ĹŠ ;1# 2ĹŠ/1.3#%(" 2ĹŠ X_[dj[$ Z[ cWhpe Z[ (&&,$ Ă&#x2020;FWhW 2.-ĹŠ"#ĹŠÄ&#x2021;Ä&#x2018;Ä&#x2013;Ä&#x2021;Ä&#x2021;ĹŠ ĹŠ ^WY[h _d\hW[ijhkYjkhW Ä&#x2C6;Ä?Ä&#x2013;Ä&#x2021;Ä&#x2021;Ä&#x201C;ĹŠ -5#12(¢-ĹŠ [d dk[ijhe fWÂ&#x2021;i" [if[# L_bb[]Wi c[dY_edÂ&#x152; gk[ [b Y_Wbc[dj[ [d |h[Wi fhej[]_ZWi" ;ijWZe _dl[hj_h| (& c_bbed[i Z[ i[ Z[X[d [\[YjkWh [ijkZ_ei Z[ ZÂ&#x152;bWh[i [d bWi |h[Wi fhej[]_ZWi _cfWYje WcX_[djWb" [b fheXb[cW Z[b fWÂ&#x2021;i" [djh[ [bbWi [b FWhgk[ ikh]_Â&#x152; YkWdZe gk_i_[hed Yedi# DWY_edWb 9ejefWn_$ ;b Z_d[he _h| jhk_h dk[lWi XWj[hÂ&#x2021;Wi iWd_jWh_Wi fWhW bei jh[i h[\k]_ei0 9ejefWn_" i_d h[YedeY[h [b bk]Wh [d [b gk[ 9WoWcX[ o 9^_cXehWpe$

1 34(" "ĹŠ#-ĹŠ ;1# 2ĹŠ/1.3#%(" 2 Ĺ&#x2014;ĹŠĹŠ

)&Z'# Ĺ&#x2039;*),Ĺ&#x2039; , "#0)Ĺ&#x2039; Ĺ&#x2039;/(Ĺ&#x2039; ,.v /&)Ĺ&#x2039; Ĺ&#x2039;& Ĺ&#x2039; 3Ĺ&#x2039; & .), & Feh kdWd_c_ZWZ" [b fb[de Z[ bWi [b[YY_ed[i Z[ fh_c[hW lk[bjW bW 7iWcXb[W Z[Y_Z_Â&#x152; Wo[h [b Wh# fWhW Fh[i_Z[dj[ o L_Y[fh[i_Z[d# Y^_le Z[b fheo[Yje Z[ j[ Z[ bW H[fÂ&#x2018;Xb_YW i[ h[W# h[\ehcWi W bW B[o ;b[Y# b_pWh|d [b (& Z[ [d[he Z[ ĹŠ (&')Ă&#x2021;" Z_`e$ jehWb" h[bWY_edWZe Yed bW h[leYWjeh_W Z[b cWdZWje$ F[he [b efei_jeh B[e# BW ceY_Â&#x152;d \k[ fbWdj[WZW .-ĹŠÄ&#x2018;Ä&#x2030;ĹŠ5.3.2ĹŠ dWhZe L_j[h_ FIF " Yh_# 3 , (_-ĹŠ2#ĹŠ feh =k_bb[hc_dW 9hkp 1!'(5¢Ŋ#+ĹŠ/1.Äą j_YÂ&#x152; Ă&#x2020;[b ZeXb[ Z_iYkhie [n FIF o ^eo Wb_WZW W 8#!3.ĹŠ"#ĹŠ1#$.1Äą eĂ&#x2019;Y_Wb_ijWĂ&#x2021;" fehgk[ c_[d# , 2ĹŠ ĹŠ+ ĹŠ #8ĹŠ F7?I " Yed [b Wh]kc[dje 1%;-(! ĹŠ"#ĹŠ jhWi F7?I ZW fWie Wb Wh# _%(,#-ĹŠ"#ĹŠ Z[ gk[ [b WhjÂ&#x2021;Ykbe ''- Z[ . #1 -~ ĹŠ Y^_le Z[ [ij[ WhjÂ&#x2021;Ykbe" feh bW 9edij_jkY_Â&#x152;d fhe^Â&#x2021;X[ +(,#-3 1( Ä&#x201C; ejhe bWZe Ă&#x2020;Z[`W bW fk[hjW h[Wb_pWh h[\ehcWi b[]W# WX_[hjWĂ&#x2021; fWhW gk[" feh [b C_d_ij[h_e Z[ bW B[o" i[ b[i [d cWj[h_W [b[YjehWb Wfhk[X[d ejhWi h[\ehcWi ZkhWdj[ [b WÂ&#x2039;e Wdj[h_eh W ĹŠ gk[ b[i ejeh]Wh| l[djW`Wi bW Y[b[XhWY_Â&#x152;d Z[ [b[YY_e# [d bWi [b[YY_ed[i Z[ (&') d[i$ Ă&#x2020;;ijW b[o de feZÂ&#x2021;W b_c_jWY_Â&#x152;d W c[Z_ei $ i[h iec[j_ZW W jh|c_j[ b[# -ĹŠĹŠ,#-.2ĹŠ"#ĹŠ Ä&#x152;Ä&#x2018;ĹŠ'.1 2ĹŠ2#ĹŠ Ă&#x2020;BW 7iWcXb[W i[ Yedl_h# ]_ibWj_le" fk[i" i_ i[ jecW 1!'(5 1.-ĹŠ [d Yk[djW [b YWb[dZWh_e 31#2ĹŠ/1.8#!3.2Ä&#x201C; j_Â&#x152; [d kd [ifWY_e fWhW b[o[i W Yedl[d_[dY_W Z[b [b[YjehWb WfheXWZe feh [b 9edi[`e DWY_edWb ;b[YjehWb" Fh[i_Z[dj[Ă&#x2021;" i[Â&#x2039;WbÂ&#x152;$

ĹŠ(-3#-!(¢-ĹŠ"#ĹŠ ,."(Ä&#x192;! 1ĹŠ24ĹŠ !3 ĹŠ "#ĹŠ"#$4-!(¢-ĹŠ31 #ĹŠ !1~3(! 2ĹŠ#-ĹŠ'(23.Äą 1( ".1#2Ä&#x201C; CWÂ&#x2039;WdW i[ Ykcfb[d '&& WÂ&#x2039;ei Z[ bW ck[hj[ Z[ ;beo 7b\Whe o bW _dj[dY_Â&#x152;d Z[b =eX_[hde Z[ ce# Z_Ă&#x2019;YWh [b WYjW Z[ Z[\kdY_Â&#x152;d Z[b [ncWdZWjWh_e o [ijWXb[Y[h W bei gk[ [b hÂ&#x192;]_c[d bbWcW bei Ă&#x2020;l[h# ZWZ[hei h[ifediWXb[iĂ&#x2021; Z[ [ij[ ^[Y^e ^W ][d[hWZe Z_l[hiWi h[# WYY_ed[i [d YedjhW$ :[ WYk[hZe Yed bW Yef_W Â&#x2021;d# j[]hW Z[b WYjW Z[ Z[\kdY_Â&#x152;d Z[b [ncWdZWjWh_e" fhefehY_edWZW feh [b ^_ijeh_WZeh <hWdY_iYe IWbWpWh" 7b\Whe \Wbb[Y_Â&#x152; [b (. Z[ [d[he Z[ '/'(" [d Gk_je" W bWi '(0*+0 Ă&#x2020;W Yedi[Yk[dY_W Z[ ^W# X[hbe Wi[i_dWZe [b fk[XbeĂ&#x2021;$ I_d [cXWh]e" bW c_d_ijhW YeehZ_dWZehW Z[ FWjh_ced_e" CWhÂ&#x2021;W <[hdWdZW ;if_deiW" _d# Z_YÂ&#x152; gk[ i[ h[Ye][h|d Ă&#x2019;hcWi fWhW YWcX_Wh [b WYjW Ă&#x2020;[d bW gk[ bei gk_j[Â&#x2039;ei ied WYkiWZei Z[b Yh_c[dĂ&#x2021;" fk[ije gk[" i[]Â&#x2018;d i[# Â&#x2039;WbÂ&#x152;" bWi h[ifediWXb[i Ă&#x2020;\k[hed bWi eb_]WhgkÂ&#x2021;Wi" WpkpWZWi feh ik cWoeh _dijhkc[dje" bei c[Z_ei Z[ Yeckd_YWY_Â&#x152;dĂ&#x2021;$ ;b fh[i_Z[dj[" HW\W[b 9ehh[W" ieb_Y_jÂ&#x152; W bei [YkWjeh_Wdei gk[ de ebl_Z[d gk[ Ă&#x2020;bei l[hZWZ[hei Wi[i_dei \k[hed bWi eb_]WhgkÂ&#x2021;Wi Zec_dWdj[i o Y_[hjW fh[diWĂ&#x2021;$ .!#2ĹŠ!1~3(! 2

;b ^_ijeh_WZeh IWbWpWh cWd_\[i# jÂ&#x152; gk[ fh[j[dZ[h" '&& WÂ&#x2039;ei Z[i# fkÂ&#x192;i" YWcX_Wh [ij[ ^[Y^e bbWcW bW Wj[dY_Â&#x152;d" c|i WÂ&#x2018;d YkWdZe de [n_ij[ ZeYkc[djWY_Â&#x152;d gk[ Y[h# j_Ă&#x2019;gk[ be YedjhWh_e$ Ă&#x2020;I_ X_[d bW fh[diW Yh_j_YÂ&#x152; W 7b\Whe" bW ][dj[ [ijWXW _dZ_]# dWZW feh bW =k[hhW 9_l_b gk[ fheleYÂ&#x152; [b [ncWdZWjWh_e Yed [b W\|d h[jecWh [b feZ[hĂ&#x2021;" c[d# Y_edÂ&#x152; o Z_`e gk[ Ă&#x2020;de i[ Z[X[ WZ#

Ä&#x201C;ĹŠ 8ĹŠ"(5#12.2ĹŠ".!4,#-3.2ĹŠ Ă&#x152;-ĹŠ#-ĹŠ+ ĹŠ !34 +(" "ĹŠ04#ĹŠ1#!4#1" -ĹŠ+ 2ĹŠ (,;%#-#2ĹŠ$.3.%1;Ä&#x192;! 2ĹŠ"#ĹŠ#2#ĹŠ"~ Ä&#x201C;

fehgk[ ik Yk[hfe \k[ c_j_hĂ&#x2021; gk[ i[ YWcX_[ bW _dY_d[hWZeĂ&#x2021;" ieijkle$ ^_ijeh_W$ Ă&#x2020;7fWhj[" Z[ bW ĹŠ Feh ik fWhj[" 8bWiYe fWhj_ZW Z[ Z[\kdY_Â&#x152;d" F[Â&#x2039;W^[hh[hW FWZ_bbW" j[dZh|d gk[ YWcX_Wh [nZ_h[Yjeh Z[b FWhj_Ze bWi Z[ C[ZWhZe 7b\Whe" 4ĹŠ !3 ĹŠ"#ĹŠ "#$4-!(¢-ĹŠ$4#ĹŠ B_X[hWb" Yec[djÂ&#x152; gk[ [i <bWl_e 7b\Whe" BkY_Wde #+ .1 " ĹŠ#+ĹŠÄ&#x2C6;Ä&#x2C6;ĹŠ "#ĹŠ, 19.ĹŠ"#ĹŠ kd Ă&#x2020;Z_ifWhWj[Ă&#x2021; W [ijW Wb# 9ehWb$$$Ă&#x2021;" [nfh[iÂ&#x152;$ Ä&#x2C6;Ä&#x2019;Ä&#x2C6;Ä&#x2030;Ä&#x201D;ĹŠ! 2(ĹŠ".2ĹŠ Feh ik fWhj[" =edpW# ,#2#2ĹŠ"#2/4_2ĹŠ jkhW XkiYWh dk[lei h[i# "#ĹŠ24ĹŠ$ ++#!(Äą be Ehj_p" c_[cXhe Z[ bW ,(#-3.Ä&#x201C; fediWXb[i Z[ bW ck[hj[ 7YWZ[c_W ;YkWjeh_WdW Z[ 7b\Whe$ Ă&#x2020;I[ XkiYW Z[ >_ijeh_W" Yk[ij_edÂ&#x152; h[[iYh_X_h bW ^_ijeh_W W [ijW fh[j[di_Â&#x152;d Z[X_Ze W ĹŠ \k[hpW Z[ Z[cW]e]_WĂ&#x2021;" gk[ Ă&#x2020;bW ^_ijeh_W i[ Yedi# [d\Wj_pÂ&#x152; o Z_`e gk[ jhW# jhko[ Ă&#x2020;c[Z_Wdj[ _dl[i# jWh Z[ Ă&#x2020;_cfed[h kdW l[hZWZ e\_Y_WbĂ&#x2021; ieXh[ j_]WY_ed[i" de [d XWi[ +ĹŠ#7/1#2("#-3#ĹŠ +.8ĹŠ +$ 1.ĹŠ W _Z[ebe]Â&#x2021;WiĂ&#x2021;$ Ă&#x2020;I_[cfh[ ,41(¢Ŋ!4 -".ĹŠ [ij[ ^[Y^e [i jhWibWZWh Wb ;YkWZeh kdW [ijhWj[# fk[Z[ ^WX[h dk[lWi 3#-~ ĹŠÄ?Ä&#x2018;ĹŠ  .2Ä&#x201C; _dj[hfh[jWY_ed[i" f[he ]_W [ijWb_d_ijW$ Ă&#x2020;Be gk[ \kdZWc[djWZWi [d bW l[hZWZ$ XkiYW [b =eX_[hde [i Z[ifh[ij_# BW fhefk[ijW Z[b C_d_ij[h_e Z[ ]_Wh [b i_ij[cW Z[ _d\ehcWY_Â&#x152;d FWjh_ced_e Z[ YWcX_Wh [b WYjW b_Xh[" fWhW Yedl[hj_h Wb fWÂ&#x2021;i [d Z[ Z[\kdY_Â&#x152;d Z[ 7b\Whe de j_[d[ kd jÂ&#x2018;d[b eiYkheĂ&#x2021;" _dZ_YÂ&#x152;$ i[dj_Ze" de j_[d[ f_[i d_ YWX[pW$ Ă&#x2020;7b _]kWb gk[ i[ _dl[djWhed bWi 1 ĹŠ+ 2ĹŠ !3 2ĹŠ!.,/+#3 2ĹŠ (-%1#2#ĹŠ Ä&#x2013; h[b_gk_Wi Z[ CWdk[bW I|[dp" 666Ä&#x201C;+ '.1 Ä&#x201C;!.,Ä&#x201C;#! gk[ `Wc|i fkZ_[hed [n_ij_h

.-ĹŠ#23.Ä&#x201D;ĹŠ+.ĹŠ04#ĹŠ 42! ĹŠ#+ĹŠ . (#1-.ĹŠ#2ĹŠ "#2/1#23(%( 1ĹŠ#+ĹŠ2(2Äą 3#, ĹŠ"#ĹŠ(-$.1, !(¢-ĹŠ+( 1#Ä&#x201D;ĹŠ / 1 ĹŠ!.-5#13(1ĹŠ +ĹŠ/ ~2ĹŠ#-ĹŠ4-ĹŠ 3Ă&#x152;-#+ĹŠ.2!41.ĢÄ&#x201C; ĹŠ Â&#x; ĹŠ

ĹŠ ĹŠ ĹŠ

-ĹŠ 4(3.ĹŠ-.ĹŠ' ~ ĹŠ 4- ĹŠ$ ,(+( ĹŠ04#ĹŠ-.ĹŠ 345(#1 ĹŠ4-ĹŠ,4#13.ĹŠ.ĹŠ '#1(".ĹŠ"#ĹŠ+ ĹŠ 4#11 ĹŠ (5(+ĹŠ 04#ĹŠ2#ĹŠ"#2 3¢Ŋ#-ĹŠ#-#1.ĹŠ"#ĹŠ Ä&#x2C6;Ä&#x2019;Ä&#x2C6;Ä&#x2030;ĢÄ&#x201C;ĹŠ ĹŠ ĹŠ

Ä&#x201C;ĹŠ 23 ĹŠ#2ĹŠ#+ĹŠ !3 ĹŠ"#ĹŠ"#$4-!(¢-ĹŠ"#+ĹŠÄĽ (#).ĹŠ 4!' ".1ÄŚÄ&#x201C;


Â&#x192;

- ' & v-. Ĺ&#x2039; 6 4Ĺ&#x2039; (/( # Ĺ&#x2039; 0),#.#-')-Ĺ&#x2039; (Ĺ&#x2039;- & #Â&#x161;(Ĺ&#x2039; Ĺ&#x2039;$/ -

Ä&#x201C;ĹŠ +ĹŠ)4#9ĹŠ, -345.ĹŠ 8#1ĹŠ4- ĹŠ1#4-(¢-ĹŠ!.-ĹŠ+.2ĹŠ,(#, 1.2ĹŠ"#+ĹŠ ĹŠ!#1! ĹŠ"#ĹŠ".2ĹŠ'.1 2Ä&#x201C;

,4Â&#x161;(Ĺ&#x2039;) , Ĺ&#x2039; 0 (#,Ĺ&#x2039;'6-Ĺ&#x2039;- !/# )Ĺ&#x2039; - Ĺ&#x2039;' ,4)

+ĹŠ)4#9ĹŠ#2/  .+ĹŠ#1 ĹŠ(-5(3 ".ĹŠ 8#1ĹŠ ĹŠ+ ĹŠ -$.1,#ĹŠ"#ĹŠ /.2#2(¢-ĹŠ"#ĹŠ+ ĹŠ-4#5 ĹŠ .13#ĹŠ !(.- +ĹŠ 5##"41~ ĹŠ "#ĹŠ 423(!( Ä&#x201C;ĹŠ ;5 1ĹŠ"#$#-"(¢Ŋ24ĹŠ31 ).Ä&#x201C;ĹŠ - !(.- +

ĹŠ ĹŠ ĹŠ ĹŠÄ&#x203A;ĹŠ ;b `k[p [ifWÂ&#x2039;eb" 7^ehW [ijWcei [d kd fheY[ie ĹŠĹŠ +ĹŠ/1(,#1ĹŠ(-$.1,#ĹŠ"#ĹŠ+ ĹŠ5##"41~ ĹŠ Ĺ&#x2014;- !(.- +ĹŠ2#ĹŠ!.-.!#1;ĹŠ+ ĹŠ/1¢7(, ĹŠ 8WbjWiWh =WhpÂ&#x152;d" e\h[Y_Â&#x152; Wo[h Z[ Wd|b_i_i Z[ [iW ZeYkc[djW# gk[ iki l_i_jWi o bWi Z[b h[ije Z[ Y_Â&#x152;dĂ&#x2021;" Z_`e$ l[[Zeh[i _dj[hdWY_edWb[i Z[b fheY[ie Z[ YWcX_ei [d bW `kij_# 1.!#2.ĹŠ

IeXh[ [b fheY[ie Z[ i[# Y_W" i[h|d c|i \h[Yk[dj[i b[YY_Â&#x152;d Z[ `k[Y[i Z[ bW Z[iZ[ cWhpe$ ĹŠ 9ehj[ DWY_edWb" =WhpÂ&#x152;d Be Z_`e Z[ifkÂ&#x192;i Z[ i[Â&#x2039;WbÂ&#x152; gk[ [i Ă&#x2020;[b fh_c[h cWdj[d[h kdW h[kd_Â&#x152;d fWÂ&#x2021;i Z[b ckdZe [d gk[ Yed bei jh[i c_[cXhei ĹŠ5##"41~ ĹŠ (-3#1- !(.- +ĹŠ i[ fheZkY[ kd WlWdY[ Z[ Z[b 9edi[`e Z[ bW @kZ_YW# #,(3(1;ĹŠ24ĹŠ jkhW Z[ JhWdi_Y_Â&#x152;d 9@J " (-$.1,#ĹŠ +ĹŠ$(- +ĹŠ "#+ĹŠ/1.!#2.Ä&#x201D;ĹŠ4- ĹŠ [iW [dl[h]WZkhWĂ&#x2021;$ Ă&#x2020;7b cWh][d Z[ YkWb# o bW l[[ZkhÂ&#x2021;W dWY_edWb$ 5#9ĹŠ04#ĹŠ' 8 -ĹŠ ' + ".ĹŠ!.-ĹŠ gk_[hW gk[ i[W bW _Z_e# ;d Xh[l[i Z[YbWhWY_ed[i" 3.".2ĹŠ+.2ĹŠ i_dYhWi_W Z[ bei Yec# i[Â&#x2039;WbÂ&#x152; gk[ Â&#x192;b cWdj[dZh| !3.1#2Ä&#x201C; fed[dj[i Z[ bW 9D@" bW h[kd_ed[i o [iYkY^Wh| W f[hif[Yj_lW Z[ ]Â&#x192;d[he jeZei bei WYjeh[i ieY_Wb[i lW W [ijWh cko fh[i[dj[" gk[ [ij|d l_dYkbWZei Yed ĹŠ [ie ikfed[ kd ^_je cko [b fheY[ie$ _cfehjWdj[Ă&#x2021;" i[dj[dY_Â&#x152;$ ;ijWi Z[YbWhWY_ed[i i[ 4#%.ĹŠ"#ĹŠ+ ĹŠ Z_[hed ^ehWi Wdj[i Z[ bW /.2#2(¢-ĹŠ"#ĹŠ+ ĹŠ 1~3(! 2 fei[i_Â&#x152;d Z[ bW dk[lW 9eh# -4#5 ĹŠ .13#Ä&#x201D;ĹŠ 19¢-ĹŠ3#-~ ĹŠ j[ DWY_edWb Z[ @kij_Y_W" /1#5(23.ĹŠ!.-5#1Äą ;b e\h[Y_c_[dje Z[ l[d_h gk[ [ijWXW fh[l_ijW fWhW 2 1ĹŠ!.-ĹŠ#+ĹŠ1#23.ĹŠ "#ĹŠ,(#, 1.2ĹŠ"#ĹŠ c|i i[]k_Ze YWbpW Yed bWi + ĹŠ5##"41~ Ä&#x201C;ĹŠ YhÂ&#x2021;j_YWi gk[ i[ ^Wd ZWZe bW deY^[ Z[ Wo[h$ [d [ijei ZÂ&#x2021;Wi ieXh[ bW [i# YWiW fh[i[dY_W Z[ bei l[[# 1 ).ĹŠ"#ĹŠ+ ĹŠ5##"41~ IeXh[ [b jhWXW`e Z[ bW l[[ZkhÂ&#x2021;W Zeh[i _dj[hdWY_edWb[i o [b Yeije _dj[hdWY_edWb" [b `k[p [ifWÂ&#x2039;eb" Z[ ik jhWXW`e c|i Z[ c[Z_e c_# cWd_\[ijÂ&#x152; gk[ i[ ^Wd [ijWXb[Y_# bbÂ&#x152;d Z[ ZÂ&#x152;bWh[i" o c|i Z[ *)$&&& Ze bWi fWkjWi gk[ i[ ^Wd fk[ije iÂ&#x152;be fWhW =WhpÂ&#x152;d $ <[hdWdZe O|lWh" c_[cXhe [d fh|Yj_YW Yed bW l[[ZkhÂ&#x2021;W dW# Y_edWb$ FWhW =WhpÂ&#x152;d" bW YeehZ_# Z[b 9edi[`e Z[ bW @kZ_YWjkhW Z[ dWY_Â&#x152;d Yed bW l[[ZkhÂ&#x2021;W dWY_edWb JhWdi_Y_Â&#x152;d 9@J " Z[\[dZ_Â&#x152; W [i d[Y[iWh_W fWhW gk[ de ^WoW =WhpÂ&#x152;d" gk_[d [i `kp]WZe [d ik fWÂ&#x2021;i feh Zei YWkiWi$ Ă&#x2020;De [n_i# iebWfWc_[dje$ Ă&#x2020;I[ dei ^W ikc_d_ijhWZe" W j[ d_d]kdW jWY^W [d ik ^e`W Z[ f[j_Y_Â&#x152;d dk[ijhW" ZeYkc[djei" l_ZW gk[ b[ _cf_ZW WYjkWh Yed bW ZWjei o [b[c[djei gk[ i[ ^Wd ikĂ&#x2019;Y_[dj[ fheX_ZWZ Ă&#x2020;" Z_`e$ ;b leYWb Z[b 9edi[`e f_Z_Â&#x152; j[d_Ze [d Yk[djW fWhW h[Wb_pWh bWi [lWbkWY_ed[i o [djh[l_ijWi$ Ă&#x2020;h[iWbjWh bW Ă&#x2019;]khW Z[ gk_[d [i

2#, - Ä&#x201D;ĹŠ2#%Ă&#x152;-ĹŠ+ 2ĹŠ"#!+ 1 !(.-#2ĹŠ "#ĹŠ+ ĹŠ!..1"(- ".1 ĹŠ3_!-(! Ä&#x201D;ĹŠĹŠ -!8ĹŠ ;1"#- 2Ä&#x201D;ĹŠ04(#-ĹŠ, -($#23¢Ä&#x201D;ĹŠ "#,;2Ä&#x201D;ĹŠ 04#Ä&#x201D;ĹŠÄĄ/#2#ĹŠ ĹŠ+ 2ĹŠ+(,(3 !(.-#2Ä&#x201D;ĹŠ#+ĹŠ 31 ).ĹŠ04#ĹŠ"#2 11.++ ĹŠ+ ĹŠ5##"41~ ĹŠ' ĹŠ 2(".ĹŠ/1. !3(5.ĢÄ&#x201C; 1 ĹŠ ;1"#- 2ĹŠ"41 -3#ĹŠ#+ĹŠ /1.!#2.ĹŠ"#ĹŠ2#+#!!(¢-ĹŠ"#ĹŠ)4#!#2ĹŠ"#ĹŠ + ĹŠ .13#ĹŠ !(.- +ĹŠ"#ĹŠ 423(!( Ä&#x201D;ĹŠ2#ĹŠ ' -ĹŠ!4,/+(".ĹŠ3.".2ĹŠ+.2ĹŠ/ 1;,#31.2ĹŠ /#% ".2ĹŠ ĹŠ"#1#!'.Ä&#x201C;

[b `k[p 8WbjWiWh =WhpÂ&#x152;dĂ&#x2021; o WbW# XÂ&#x152; iki \Wbbei Ă&#x2020;ieXh[ `kh_iZ_YY_Â&#x152;d _dj[hdWY_edWbĂ&#x2021;" [d fWhj_YkbWh ik ehZ[d Z[ Z[j[dY_Â&#x152;d YedjhW [b \W# bb[Y_Ze Z_YjWZeh Y^_b[de 7k]kije F_deY^[j$ =WhpÂ&#x152;d [ij| i_[dZe fheY[iW# Ze [d ;ifWÂ&#x2039;W feh ehZ[dWh [iYk# Y^Wi [djh[ bei YWX[Y_bbWi Z[ kdW ikfk[ijW jhWcW Z[ YehhkfY_Â&#x152;d o iki WXe]WZei" o [ij| W bW [if[hW Z[b \Wbbe Z[b Jh_XkdWb Ikfh[ce$ ;b cW]_ijhWZe [ifWÂ&#x2039;eb Z_`e [b c_Â&#x192;hYeb[i gk[ de _XW W ^WXbWh ie# Xh[ bWi YWkiWi W bWi gk[ i[ [d\h[djW [d ;ifWÂ&#x2039;W ZkhWdj[ ik [ijWdY_W [d Gk_je$ O|lWh h[Y^WpÂ&#x152; bWi YhÂ&#x2021;j_YWi W bW [iYWiW fh[i[dY_W [d [b fWÂ&#x2021;i Z[ bei eXi[hlWZeh[i _dj[hdWY_edWb[i$ Ă&#x2020;BW 9ehj[ Wdj[h_eh" bW Z[ (&&+" jkle fh[i[dY_W \Â&#x2021;i_YW Z[ l[[Zeh[i _dj[hdWY_edWb[i o [b h[ikbjWZe [ij| W bW l_ijW$ De \k[ bW Yehj[ gk[ jeZei [if[hWXWd" [dlk[bjW [d [i# Y|dZWbei ^WijW Z[ YehhkfY_Â&#x152;dĂ&#x2021;" WĂ&#x2019;hcÂ&#x152; [b leYWb Z[b 9edi[`e$

;d bW iWbW Z[ iehj[ei Z[b FWbW# Y_e Z[ @kij_Y_W" kX_YWZe [d [b dehj[ Z[ bW YWf_jWb" [b WiWc# Xb[Â&#x2021;ijW 7dZhÂ&#x192;i F|[p ?: fh[i[djÂ&#x152; Wo[h kd Ă&#x2C6;f[Z_Ze Z[ [n^_X_Y_Â&#x152;d Z[ ZeYkc[djei o c[Z_ei jÂ&#x192;Yd_Yei [ _d\ehc|j_# YeiĂ&#x2030; YedjhW bW `k[pW Z[ bW 9eh# j[ DWY_edWb Z[ @kij_Y_W 9D@ " CWh_WdW OkcXWo OWbb_Ye o [b fh[i_Z[dj[ Z[b 9edi[`e Z[ bW @kZ_YWjkhW Z[ JhWdi_Y_Â&#x152;d 9@J " FWkbe HeZhÂ&#x2021;]k[p$ F|[p ieb_Y_jW gk[ bW `k[pW OWcXWo [n^_XW bei jÂ&#x2021;jkbei WYWZÂ&#x192;c_Yei eh_]_dWb[i gk[ fh[i[djÂ&#x152; fWhW ik feijkbWY_Â&#x152;d [d [b YedYkhie Z[ cÂ&#x192;h_jei o efei_Y_Â&#x152;d fWhW Z[i_]dWh W bei `k[Y[i Z[ bW 9D@ o" WZ[c|i" bei ZeYkc[djei gk[ fh[i[d# jÂ&#x152; [d [b 9@J" bk[]e Z[ gk[ \k[ Z[i_]dWZW$ F|[p fh[ikc[ gk[" Z[ WYk[hZe Yed bWi \[Y^Wi Z[ [c_# i_Â&#x152;d Z[ bei jÂ&#x2021;jkbei WYWZÂ&#x192;c_Yei fh[i[djWZei" Ă&#x2020;de c[h[YÂ&#x2021;W eX# j[d[h bWi YWb_Ă&#x2019;YWY_ed[i Z[ cÂ&#x192;# h_jei gk[ YedijWd Z[djhe Z[b fheY[ie i[_i fkdjei Ă&#x2021;$ +ĹŠ.31.ĹŠ! 2.

;b fheY[ie YedjhW [b Fh[i_# Z[dj[ Z[b 9@J i[ Y[djhW [d Y_dYe f[Z_Zei$ ;b fh_dY_fWb [i [n^_X_h bei l_Z[ei Z[ bWi [djh[l_ijW [\[YjkWZWi W bei `k[Y[i BkYo 8bWY_e" xZ]Wh <beh[i" OebWdZW OkfWd]k_" =kijWle :khWd]e" HeiW Ă&#x203A;blWh[p" M_bied 7dZ_de" xZ]Wh DWhl|[p o FWÂ&#x2018;b Ă&#x17E;Â&#x2039;_# ]k[p" ZkhWdj[ bW WkZ_[dY_W fÂ&#x2018;Xb_YW$ FW[p Yk[ij_edÂ&#x152;" bWi fh[# ]kdjWi gk[ h[Wb_pWhed bei fh_dY_fWb[i Z[b 9@J W bei

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

Ä&#x192;

ÂĄ Ä&#x201C;ĹŠ ;#9ĹŠ#-31#%¢Ŋ24ĹŠ".!4,#-Äą 3 !(¢-ĹŠ 8#1Ä&#x201D;ĹŠ#-ĹŠ+ ĹŠ2 + ĹŠ"#ĹŠ2.13#.2ĹŠ"#ĹŠ+ ĹŠ 4-!(¢-ĹŠ 4"(!( +Ä&#x201C;ĹŠ

Ŋ +Ŋ 2 , +#~23 Ŋ -4-!(¢Ŋ3 , (_-Ŋ 04#Ŋ#,/1#-"#1;Ŋ 4-Ŋ)4(!(.Ŋ/.+~3(!.Ŋ !.-31 Ŋ#+Ŋ .-2#).Ŋ"#Ŋ+ Ŋ

4"(! 341 Ä&#x201C;

ĹŠ

.2ĹŠ/#"(".2Ä&#x201D;ĹŠ ,#"( -3#ĹŠ2.13#.Ä&#x201D;ĹŠ 1#! 8#1.-ĹŠ#-ĹŠ+.2ĹŠ )49% ".ĹŠÄ&#x2C6;Ä&#x2C6;ĹŠ8ĹŠÄ&#x2030;Ä&#x2C6;ĹŠ "#ĹŠ+.ĹŠ (5(+ĹŠ"#ĹŠ (!'(-!' Ä&#x201D;ĹŠ1#2Äą /#!3(5 ,#-3#Ä&#x201C;

feijkbWdj[i o Z_`e gk[ W ckY^ei _dYbkie de i[ b[i ^_pe d_d]kdW fh[]kd# jW$ Ă&#x2020;9ed [ie i[ fheXWh| gk[ ^Wo kdW c[j_ZW Z[ cWdeĂ&#x2021;$ :[ YecfheXWhi[ bW Z[dkdY_W" F|[p Z_`e gk[ bei jh[i c_[cXhei Z[b 9@J feZhÂ&#x2021;Wd i[h WYkiW# Zei Z[ fh[lWh_YWje$ Ă&#x2020;De [i `kije gk[ W ][dj[ gk[ j_[d[ cÂ&#x192;h_jei fWhW bb[]Wh W bW 9D@ bW iWgk[d ]hW# Y_Wi W [ijW WbYW^k[j[hÂ&#x2021;W cWd_eXh[hW Z[b Yehh[Â&#x2021;i# ceĂ&#x2021;" fkdjkWb_pÂ&#x152;$

/ # # & -Ĺ&#x2039;. ' (Ĺ&#x2039;*),Ĺ&#x2039; , -/&. )-Ĺ&#x2039; Ĺ&#x2039; 0 &/ #)( -Ĺ&#x2039; >WijW [b Y_[hh[ Z[ [ijW [Z_Y_Â&#x152;d" bW XWi i[ h[jhWiWhed$ F[he jWcX_Â&#x192;d ^Wo gk_[d[i Z_# _dY[hj_ZkcXh[ o bW pepeXhW [d bei [cfb[WZei `kZ_Y_Wb[i [hW dejeh_W Y[d gk[ bei h[ikbjWZei i[ dej_Ă&#x2019;# o Wo[h jeZei YedikbjWXWd iki Ye# YWhÂ&#x2021;Wd ^eo" [d ^ehWi Z[ bW jWhZ[ o hh[ei [b[YjhÂ&#x152;d_Yei f[hiedWb[i" W deY^[" o WiÂ&#x2021; i[ WfbWYWhÂ&#x2021;W [d Wb]e bW h[WYY_Â&#x152;d c[Z_|j_YW Z[ bW [if[hW Z[ Wb]kdW dej_# bei \kdY_edWh_ei gk[ j[d# Ă&#x2019;YWY_Â&#x152;d Z[b 9edi[`e Z[ bW ĹŠ Zh|d gk[ iWb_h Z[ bW <kd# @kZ_YWjkhW Z[ JhWdi_Y_Â&#x152;d Y_Â&#x152;d @kZ_Y_Wb$ 9@J ieXh[ bei h[ikbjWZei 8#1ĹŠ3 , (_-ĹŠ CkY^ei j[c[d be f[eh Z[ bWi [lWbkWY_ed[i$ "# ~ -ĹŠ -4-!( 1Äą ;d [b 9@J de ^kXe d_d# 2#ĹŠ+.2ĹŠ% - ".1#2ĹŠ o" Wkdgk[ Z_Y[d gk[ bWi ]kdW _d\ehcWY_Â&#x152;d eĂ&#x2019;Y_Wb" "#+ĹŠ!.-!412.ĹŠ / 1 ĹŠ)4#!#2ĹŠ"#ĹŠ+ ĹŠ fhk[XWi h[ikbjWhed fei_j_# f[i[ W gk[ ZÂ&#x2021;Wi Wjh|i i[ ,(+( Ä&#x201D;ĹŠ (Â #9ĹŠ8ĹŠ lWi" f_[diWd gk[ bWi fhk[# ".+#2!#-!( Ä&#x201D;ĹŠ8ĹŠ XWi fi_YebÂ&#x152;]_YWi fk[Z[d ^WXÂ&#x2021;W Yed\_hcWZe gk[ "#ĹŠ .-31 5#-Äą i[h [b Ă&#x2019;bjhe fWhW [b_c_dWh Wo[h [ijWh|d b_ijei bei h[# !(.-#2Ä&#x201D;ĹŠ/#1.ĹŠ 3 ,/.!.ĹŠ2#ĹŠ"().ĹŠ W bei Ă&#x2020;_dZ[i[WXb[iĂ&#x2021; o Yh[Wh ikbjWZei$ ;d [b Z[fWhjW# - " Ä&#x201C; lWYWdj[i$ c[dje Z[ 9eckd_YWY_Â&#x152;d JeZei gk_[h[ ZWh iki Z[ [ij[ eh]Wd_ice jWcfe# fkdjei Z[ l_ijW ieXh[ be gk[ ^W Ye iWXÂ&#x2021;Wd dWZW$ De eXijWdj[" [njhWeĂ&#x2019;Y_Wbc[d# i_Ze [ij[ fheY[ie Z[ [lWbkWY_Â&#x152;d" j[ i[ YedeY_Â&#x152; gk[ bei ZWjei Z[ f[he dWZ_[ i[ Wjh[l[ W ZWh ik Wb]kdWi fhel_dY_Wi WÂ&#x2018;d de [ijW# decXh[" feh j[ceh W h[fh[iWb_Wi" hÂ&#x2021;Wd b_ijei" fehgk[ Wb]kdWi fhk[# i[]Â&#x2018;d Z_Y[d$


)-Ĺ&#x2039;'/(# #*#)-Ĺ&#x2039;, & ' (Ĺ&#x2039;'6-Ĺ&#x2039; ' # -Ĺ&#x2039; )(., Ĺ&#x2039;& Ĺ&#x2039;#(- !/,#

Â&#x192; Ä&#x2026;

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

8.1ĹŠ/1#2#-!( ĹŠ/.+(!( +ĹŠ8ĹŠ!.-2314!Äą !(¢-ĹŠ"#ĹŠ(-$1 #2314!341 ĹŠ$4#1.-ĹŠ+.2ĹŠ /#"(".2Ä&#x201C;ĹŠ +ĹŠÄ&#x2019;Ä&#x2C6;Ä&#x2C6;ĹŠ 11 -! ĹŠ#-ĹŠ$# 1#1.Ä&#x201C;ĹŠ

Ä&#x201C;ĹŠ +ĹŠ!#-31.ĹŠ"#ĹŠ , 3.ĹŠ#2ĹŠ+ ĹŠ9.- ĹŠ#-ĹŠ+ ĹŠ04#ĹŠ,;2ĹŠ!1~,#-#2ĹŠ2#ĹŠ1#%(231 -Ä&#x201D;ĹŠ 2#%Ă&#x152;-ĹŠ+.2ĹŠ" 3.2ĹŠ.Ä&#x192;!( +#2Ä&#x201C;

. 1#ĹŠ#+ĹŠ!1(,#-ĹŠ#-ĹŠÄĽ ĹŠ .! ÄŚ ĹŠĹŠ +ĹŠ,(-(231.ĹŠ .,#1.ĹŠ 1#++ -.ĹŠ2#ĹŠ1#Ä&#x192;1(¢Ŋ3 , (_-ĹŠ +ĹŠ!1(,#-ĹŠ.!411(".ĹŠ#-ĹŠ+ ĹŠ!;1!#+ĹŠ Ĺ&#x2014;"#ĹŠ,;7(, ĹŠ2#%41(" "ĹŠ"#ĹŠ 4 8 04(+Ä&#x201D;ĹŠ!.-.!(" ĹŠ!.,.ĹŠÄĽ ĹŠ .! ÄŚÄ&#x201C;ĹŠ -"(!¢Ŋ04#ĹŠ#23.ĹŠ

"#) ĹŠÄĄ!.,.ĹŠ+#!!(¢-ĢŊ+ ĹŠ-#!#2(" "ĹŠ"#ĹŠ,#).1 1ĹŠ+ ĹŠ! / !(" "ĹŠ"#ĹŠ5(%(+ -!( Ä&#x201D;ĹŠ+ ĹŠ! +(" "ĹŠ "#ĹŠ+ 2ĹŠ/#12.- 2ĹŠ8ĹŠ+.2ĹŠ2#15(!(.2ĹŠ3#!-.+¢%(!.2Ä&#x201C;

40*1,.3*.)*.(,& )* &.(/2 5 *+41/2 )*- (4&)/1

# 6 %6 6 ! ! ! $ ! ! $ ! " ! ! " &3$2*452" 0@#,*$" %& $"-#*/ %& %&./-*."$*?. %& 0/2 8 2&'/2-" *.4&(2", %&, &34"454/ 3/$*", 3& /4/2(? &, %& 3&04*&-#2& %& ".4& &, /4"2*/ &2$&2/ %&, $".4?. -#"4/ %/$4/2 /2(& 5*9 ,#;.

ĹŠ ĹŠ : Ä&#x203A;Bei ckd_# Y_f_ei Z[b fWÂ&#x2021;i Z[cWdZWhed Wo[h Z[b =eX_[hde WYY_ed[i YedYh[jWi fWhW c[`ehWh bW i[]kh_ZWZ Y_kZWZWdW [d iki YWdjed[i$ ;b f[Z_Ze \k[ \eh# ckbWZe ZkhWdj[ [b fh_c[h ZÂ&#x2021;W Z[b i[c_dWh_e Ă&#x2C6;I[]kh_# ZWZ fWhW [b Z[iWhhebbe Z[ bei ]eX_[hdei WkjÂ&#x152;decei Z[i# Y[djhWb_pWZei ckd_Y_fWb[iĂ&#x2030;" eh]Wd_pWZe feh bW 7ieY_W# Y_Â&#x152;d Z[ Ckd_Y_fWb_ZWZ[i Z[b ;YkWZeh 7C; $ 7kdgk[ [b [l[dje de Yed# jÂ&#x152; Yed bW cWoehÂ&#x2021;W Z[ _dl_jW# Zei" WYkZ_[hed l_Y[WbYWbZ[i" YedY[`Wb[i o lWh_ei WbYWbZ[i Z[ =kWoWi" Bei HÂ&#x2021;ei o 9^_c# XehWpe$ Bei ckd_Y_f_ei Z[ I_cÂ&#x152;d 8ebÂ&#x2021;lWh" 7cXWje" IWdjW 7dW" [ijkl_[hed [djh[ bei c|i l_# i_Xb[i$ ;bbei [dYWX[pWhed bei h[YbWcei o [n_][dY_Wi Wb c_# d_ijhe YeehZ_dWZeh Z[ bW I[# ]kh_ZWZ ?dj[hdW o ;nj[hdW" >ec[he 7h[bbWde$ ;b Z[ 7cXWje" <[hdWdZe 9Wbb[`Wi" f_Z_Â&#x152; Yk[djWi ieXh[ [b \kjkhe Z[ j[hh[dei [djh[# ]WZei [d YeceZWje" ^WXbÂ&#x152; ieXh[ bW \WbjW Z[ feb_YÂ&#x2021;Wi o [n_]_Â&#x152; bW YedijhkYY_Â&#x152;d Z[ kd YkWhj[b$

Ŋ2(34 !(¢-Ŋ"#Ŋ , 3.

BW pedW Y[djhWb Z[ [iW Y_k# ZWZ [i [b fkdje YbWl[ Z[b ce# l_c_[dje Yec[hY_Wb" feh [ie

bei Z[b_dYk[dj[i XkiYWd \ehcWi fWhW ^WY[h Z[ bWi ikoWi [d i_j_ei [ijhWjÂ&#x192;]_Yei$ ;i jÂ&#x2021;f_Ye l[h W ck`[h[i Yed YWhj[hWi X_[d [d]WdY^WZWi [d iki cWdei" fh[Ă&#x2019;[h[d [l_jWh i[h lÂ&#x2021;Yj_cWi Z[ bei Z[b_dYk[dj[i gk[ hedZWd jeZe [b ZÂ&#x2021;W feh bei Wbh[# Z[Zeh[i Z[ c[hYWZei o fWhgk[i$ Ä&#x201C;ĹŠ -ĹŠ 4 8 04(+Ä&#x201D;ĹŠ+.2ĹŠ CWhbed 9Wij_bbe" `[\[ Z[ bWi 1#/1#2#-3 -3#2ĹŠ"#ĹŠ+ 2ĹŠ!(4" "#2ĹŠ2#ĹŠ kd_ZWZ[i Z[ Feb_YÂ&#x2021;W 9eckd_jW# 1#4-(#1.-ĹŠ#-ĹŠ4-ĹŠ2#,(- 1(.Ä&#x201C;ĹŠ h_W KF9 " Z_`e gk[ bW c[`eh Wb# j[hdWj_lW gk[ fk[Z[d jecWh bWi YeehZ_dWZeh Z[ bW I[]kh_ZWZ ?d# f[hiedWi" [i [l_jWh Y_hYkbWh feh j[hdW o ;nj[hdW" >ec[he 7h[# bei i[Yjeh[i YhÂ&#x2021;j_Yei$ bbWde" h[ifedZ_Â&#x152; gk[ bW i[]kh_# C_[djhWi gk[ fWhW C[ho Z[b ZWZ [i [ijWjWb o gk[ bW i[]kh_ZWZ 9Whc[d DWlWi" fhei[Yh[jWh_W Z[iZ[ bW Yeckd_ZWZ [i X_[dl[d_# Z[b 9edi[`e 9WdjedWb 9eehZ_dW# ZW$ JWcX_Â&#x192;d Z_`e gk[ bW iebkY_Â&#x152;d Zeh Z[ I[]kh_ZWZ 9_kZWZWdW" bW Wb fheXb[cW de i[ fh[Y_iW [d bW c[`eh Wbj[hdWj_lW [i bW kd_ZWZ$ YedijhkYY_Â&#x152;d Z[ c|i YkWhj[b[i F[he <[b_f[ 8ed_bbW" fh[i_Z[d# feb_Y_Wb[i$ Ă&#x2020;>Wo Yecf[j[dY_Wi [ijWjWb[i j[ Z[ bW <[Z[hWY_Â&#x152;d Z[ 8Whh_ei Z[ gk[ i[ j_[d[d gk[ Yecfb[# 7cXWje <[Z[XW " Wi[]khÂ&#x152; gk[ de XWijW Yed Ă&#x2C6;^WY[hi[ ĹŠ c[djWh Yed bWi ckd_Y_fW# [b ^Â&#x192;he[Ă&#x2030;" i_de f[Z_h h[ikb# b[iĂ&#x2021;" h[ifedZ_Â&#x152;$ Ă&#x2020;BW l_e# jWZei W bW Feb_YÂ&#x2021;W DWY_edWb +ĹŠ2#,(- 1(.ĹŠ2#ĹŠ b[dY_W [i fWhj[ Z[ bW l_ZW o [n_]_h gk[ [b Yedjheb i[W 1# +(9 ĹŠ#-ĹŠ#+ĹŠ Z[b ^ecXh[" f[he ^Wo gk[ #-31.ĹŠ"#ĹŠ hWZ_YWb$ Z[ij[hhWhbWĂ&#x2021;" ieijkle$ .-5#-!(.-#2ĹŠ 9ec[hY_Wdj[i Z[ bei 4(2ĹŠ ;-!'#9ĹŠ ;ije" c_[djhWi Yed# .1) Ä&#x201D;ĹŠ!.-ĹŠ#7/#1Äą c[hYWZei Z[b Y[djhe Wi[# 3.2ĹŠ"#ĹŠ 21 #+Ä&#x201D;ĹŠ Ă&#x2019;hcÂ&#x152; gk[ [b fhÂ&#x152;n_ce - Z[ \[Xh[he i[ fedZh| [d ]khWd gk[ ^Wd _dj[djWZe +#, -( Ä&#x201D;ĹŠ 14%4 8ĹŠ8ĹŠ kd_hi[" f[he gk[ jWhZ[ e !4 ".1Ä&#x201C; \kdY_edWc_[dje [b I_ij[# j[cfhWde bei cWb[Wdj[i cW Z[ I[]kh_ZWZ ĂŚd_Ye /''" [d bei YWdjed[i Z[ Ă&#x2020;i[ bWi YeXhWdĂ&#x2021;$ Feh [ie" ^Wd Z[Y_Z_Ze Wi[]khWhi[ Yed =kWoWgk_b" :kh|d" C_bW]he" WbWhcWi Yeckd_jWh_Wi o Yed Xe# FbWoWi" IWcXehedZÂ&#x152;d" IWdjW ;b[dW" BW B_X[hjWZ o IWb_dWi$ jed[i Z[ Wkn_b_e$ ;b dÂ&#x2018;c[he \kdY_edWh| Z[iZ[ bW Y[djhWb kX_YWZW [d [b Fk[hje #2/4#23 7dj[ bWi [n_][dY_Wi" [b c_d_ijhe Fh_dY_fWb$

$ /3 $/-0"2&$*&.4&3 %& ," $*4"%" &3$2*452" 0@#,*$" 3/. ,/3 3&>/2&3 ".4*"(/ !"3$/.&9 ",,&+"3 & .(&.*&2/ :,6"2/ .%2<3 "215&" &6*,," "-#/3 %& ."$*/.",*%"% &$5"4/2*"." %/-*$*,*"%/3 &. ," $*5%"% %& -#"4/ 02/6*.$*" %& 5.(52")5" &. 35 $",*%"% %& 2&3*%&.4& 8 &2&.4& &.&2", %& 2&30&$4*6"-&.4& " &.4*%"% 3& %&./-*." 8 35 %/-*$*,*/ 02*.$*0", &3 ," $*5%"% %& -#"4/ $".4?. -#"4/ 02/6*.$*" %& 5.(52")5" &0@#,*$" %&, $5"%/2

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

()/ &'-/ /'/ 4.&

78%+/+

5*4/ %& &.&2/ %&,


,#(.)Ĺ&#x2039; (Ĺ&#x2039; -)Ĺ&#x2039; "#%Ĺ&#x2039;

ĹŠ"(2!1#/ -!( ĹŠ '.1 ĹŠ#2ĹŠ"#3#1,(- 1ĹŠ2(ĹŠ + ĹŠ"#!+ 1 3.1( ĹŠ"#ĹŠ-4+(" "ĹŠ"(!3 " ĹŠ/.1ĹŠ #+ĹŠ)4#9ĹŠ ++. ĹŠ! 42¢Ŋ.ĹŠ-.ĹŠ#)#!43.1( Ä&#x201C;

4#9ĹŠ ++. ĹŠ "#Ä&#x192;#-"#ĹŠ24ĹŠ !34 !(¢-ĹŠ Ĺ&#x2014;ĹŠĹŠ

23 ĹŠ 8#1ĹŠ +ĹŠ,#"(."~ Ä&#x201D;ĹŠ#+ĹŠ)4#9ĹŠ #1-;-ĹŠ ++. ĹŠ-.ĹŠ2#ĹŠ" ĹŠ/.1ĹŠ-.3(Äą Ä&#x192;! ".ĹŠ"#ĹŠ+ ĹŠ1#!42 !(¢-ĹŠ/1#2#-3 " ĹŠ #-ĹŠ24ĹŠ!.-31 ĹŠ/.1ĹŠ#+ĹŠÄ&#x192;2! +ĹŠ +.ĹŠ '(1( .% Ä&#x201D;ĹŠ/.1ĹŠ3 -3.ĹŠ +#% ĹŠ04#ĹŠ24ĹŠ !34 !(¢-ĹŠ#-ĹŠ#+ĹŠ! 2.ĹŠ '(*ĹŠ$4#ĹŠ+#% +Ä&#x201D;ĹŠ #2/#!( +,#-3#ĹŠ 04#+ĹŠ 43.ĹŠ/.1ĹŠ#+ĹŠ!4 +ĹŠ 2#ĹŠ-(#% -ĹŠ3." 2ĹŠ+ 2ĹŠ(,/4%- !(.-#2ĹŠ8ĹŠ 1#!412.2ĹŠ/1#2#-3 ".2ĹŠ/.1ĹŠ+ ĹŠ (2! +~ Ä&#x201D;ĹŠ + ĹŠ 1.!41 "41~ ĹŠ #-#1 +ĹŠ"#+ĹŠ 23 ".Ä&#x201D;ĹŠ #+ĹŠ .-31 +.1ĹŠ8ĹŠ.31.2Ä&#x201D;ĹŠ/.1ĹŠ+.2ĹŠ!4 +#2ĹŠ2#ĹŠ /#"~ ĹŠ04#ĹŠ2#ĹŠ1#5.04#ĹŠ+ ĹŠ"#!+ 1 3.1( ĹŠ "#ĹŠ-4+(" "ĹŠ#-ĹŠ#23#ĹŠ! 2.Ä&#x201C; #%Ă&#x152;-ĹŠ+ ĹŠ (2! +~ Ä&#x201D;ĹŠ#+ĹŠ)4#9ĹŠ ++. ĹŠ$4#ĹŠ 1#!42 ".ĹŠ ĹŠ+ 2ĹŠÄ&#x2C6;Ä&#x2021;Ä&#x2013;Ä&#x2C6;Ä&#x2021;ĹŠ"#+ĹŠ"~ ĹŠ,(_1!.Äą +#2ĹŠĂ&#x152;+3(,.ĹŠ8ĹŠ1#!(_-ĹŠ ĹŠ+ 2ĹŠÄ&#x2C6;Ä&#x152;Ä&#x2013;Ä&#x2021;Ä&#x2021;ĹŠ#,(3#ĹŠ + ĹŠ/1.5("#-!( ĹŠ#-ĹŠ#+ĹŠ! 2.ĹŠ '(*Ä&#x201D;ĹŠ+.ĹŠ !4 +ĹŠ#2ĹŠ(+#% +ĹŠ#ĹŠ(-!.-23(34!(.- +Ä&#x201D;ĹŠ/#1.ĹŠ #+ĹŠ 4#9ĹŠ"(!#ĹŠ' #12#ĹŠ#-3#1 ".ĹŠ"#ĹŠ#2 ĹŠ 1#!42 !(¢-ĹŠ ĹŠ31 5_2ĹŠ"#ĹŠ+.2ĹŠ,#"(.2ĹŠ "#ĹŠ!.,4-(! !(¢-ĹŠ8ĹŠ-.ĹŠ/.1ĹŠ,#"(.ĹŠ"#ĹŠ 4- ĹŠ-.3(Ä&#x192;! !(¢-Ä&#x201C;

;b Ă&#x2019;iYWb ][d[hWb Z[b ;ijWZe" =Wbe 9^_h_Xe]W" o [b ^WijW Wo[h `k[p Z[ bW Fh_c[hW IWbW F[dWb Z[ bW 9ehj[ DWY_edWb Z[ @kij_Y_W 9D@ " >[hd|d KbbeW" i[ [d\h[djWd `khÂ&#x2021;Z_YWc[dj[ feh [b j[cW :W^_a$ FWhW [b fh_# c[he" bW dkb_ZWZ Z[YbWhWZW h[# Y_[dj[c[dj[ feh [b Y_jWZe `k[p de [ij| [`[Ykjeh_WZW" c_[djhWi gk[ fWhW [b i[]kdZe [b j[cW [i YeiW `kp]WZW$ FWhW [b <_iYWb" [b fheY[ie f[dWb gk[ i[ b[ i_]k[ Wb [nl_Y[# fh[i_Z[dj[ 7bX[hje :W^_a [ij| ikif[dZ_Ze o feh [bbe j[dZh| gk[ h[WYj_lWhi[ kdW l[p gk[ bW dk[lW 9D@ WikcW fb[dWc[dj[ iki Yecf[j[dY_Wi$ 9^_h_Xe]W ^_pe [ijW WYbWhW# Y_Â&#x152;d fehgk[ [b l_[hd[i Wdj[h_eh" [b `k[p KbbeW Z[YbWhÂ&#x152; bW dkb_ZWZ Z[b fheY[ie YedjhW :W^_a" WZk# Y_[dZe gk[ [b [d`k_Y_Wc_[dje Z[b [nl_Y[fh[i_Z[dj[ de YedjÂ&#x152; Yed bW Wkjeh_pWY_Â&#x152;d fh[l_W Z[b 9ed]h[ie DWY_edWb Z[ '//-$ ;d [i[ [djedY[i" :W^_a ^_pe bW c_i# cW Wh]kc[djWY_Â&#x152;d" f[he [b fh[#

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

Ä&#x2020;

" )Ĺ&#x2039; ,#.# Ĺ&#x2039; Ĺ&#x2039; &Ĺ&#x2039; (#0 ,-)

Ä&#x201C;ĹŠ +ĹŠÄ&#x192;2! +ĹŠ"#+ĹŠ 23 ".Ä&#x201D;ĹŠ +.ĹŠ '(1( .% Ä&#x201D;ĹŠ8ĹŠ#+ĹŠ#7)4#9ĹŠ"#ĹŠ+ ĹŠ Ä&#x201D;ĹŠ #1-;-ĹŠ ++. Ä&#x201D;ĹŠ2#ĹŠ#-$1#-3 -Ä&#x201C;

i_Z[dj[ Z[ bW 9ehj[ Ikfh[cW Z[ _d\[h_eh [d `[hWhgkÂ&#x2021;W" Yece [i [b @kij_Y_W Z[ [i[ [djedY[i" @W_c[ YWie Z[ >[hd|d KbbeW" de feZÂ&#x2021;W ^WX[h WdkbWZe jeZe be WYjkWZe L[bWiYe" h[Y^WpÂ&#x152; [b f[Z_Ze$ ZkhWdj[ ', WÂ&#x2039;ei [d [b fheY[ie YedjhW 7bX[hje :W^_a$ -3#!#"#-3#2ĹŠ 9ed jeZei [ijei Wdj[Y[Z[d# ;b <_iYWb WZkY[ gk[ bW dkb_ZWZ Z[ kd fheY[ie iebe fk[Z[ fhe# j[i" [b bkd[i fWiWZe" bW <_iYWbÂ&#x2021;W l[d_h Z[ kd h[Ykhie `kh_iZ_Y# ieb_Y_jÂ&#x152; bW h[leYWjeh_W Z[b WYje Y_edWb o de Z[ kd f[Z_Ze Z[ bWi Z[ dkb_ZWZ Z[b `k[p KbbeW$ Fei# fWhj[i" Yece ikY[Z_Â&#x152; [d [ij[ j[h_ehc[dj[" [b c_Â&#x192;hYeb[i" [b YWie$ JWcX_Â&#x192;d c[dY_edÂ&#x152; gk[ Ă&#x2019;iYWb h[YkiÂ&#x152; Wb Y_jWZe cW]_i# de YWX[ bW dkb_ZWZ fehgk[ [b jhWZe" Yed be YkWb KbbeW o bei fh[i_Z[dj[ Z[ bW 9I@ Z[ [iW Â&#x192;fe# Z[c|i `k[Y[i Z[ bW Fh_c[hW YW" @W_c[ L[bWiYe" Yece `k[p IWbW F[dW Z[ bW 9D@ gk[ZWhed ikf[h_eh" oW Z[YbWhÂ&#x152; bW lWb_Z[p _cfei_X_b_jWZei Z[ i[]k_h [d [b Z[b fheY[ie" feh be gk[ kd `k[p fheY[ie$

;b \[d[Y_Ze `k[p Z[ bW 9ehj[ DW# Y_edWb Z[ @kij_Y_W 9D@ " ;dh_gk[ FWY^[Ye" Wjh_Xko[ W bWi fh[i_e# d[i [ _dj_c_ZWY_ed[i [`[hY_ZWi feh bei Z[\[dieh[i Z[ :_Wh_e ;b Kd_l[hie" ik _d[if[hWZe gk[# XhWdje Z[ iWbkZ" gk[ b[ _cf_Z_Â&#x152; WYkZ_h W bW WkZ_[dY_W Z[ YWiWY_Â&#x152;d [d [ij[ `k_Y_e gk[ feh fh[ikdjWi _d`kh_Wi YWbkcd_eiWi b[ i_]k[ [b fh[i_Z[dj[ HW\W[b 9ehh[W Wb he# jWj_le ]kWoWgk_b[Â&#x2039;e$ ;ij[ W^ehW [n`k[p Z[ bW 9D@ ^WY[ [ijWi W\_hcWY_ed[i W bW W][dY_W Z[ dej_Y_Wi Z[b ]eX_[hde" 7dZ[i" f[he YkWdZe :_Wh_e BW >ehW ^_pe YedjWYje Yed FWY^[Ye fWhW gk[ YedĂ&#x2019;hcWi[ e h[Yj_Ă&#x2019;YW# i[ bW l[hi_Â&#x152;d" Â&#x192;ij[ Yedj[ijÂ&#x152; gk[ YkWbgk_[h Z[YbWhWY_Â&#x152;d bW fk[Z[d l[h [d 9WdWb . ;YkWl_iW o [d bW 7][dY_W 7dZ[i$ C|i WZ[bWdj[ f_Z_Â&#x152; gk[ i[ h[if[j[ ik [d\[hc[# ZWZ o gk[ de i[ _di_ijW [d ^WY[h# b[ ^WXbWh$

)(., &),v Ĺ&#x2039; - Ĺ&#x2039;0)&0 ,v Ĺ&#x2039; * ( # (. Ĺ&#x2039; &Ĺ&#x2039; $ /.#0) BW _dc_d[dj[ [b_c_dWY_Â&#x152;d Z[ bWi fh[Wi_]dWY_ed[i fh[ikfk[i# jWh_Wi W bWi gk[ j_[d[ Z[h[Y^e bW 9edjhWbehÂ&#x2021;W =[d[hWb Z[b ;ijW# Ze" o gk[ [ij| Yedj[cfbWZW [d [b fheo[Yje h[\ehcWjeh_e W bW B[o Z[ bW 9edjhWbehÂ&#x2021;W" [d\h[d# jÂ&#x152; dk[lWc[dj[ Wo[h Wb Xbegk[ F7?I o W bei WiWcXb[Â&#x2021;ijWi Z[ bW efei_Y_Â&#x152;d$ BW efei_Y_Â&#x152;d Z_`e gk[ [ijW ikfh[i_Â&#x152;d Yedbb[lWh| W kdW cW# oeh Z[f[dZ[dY_W Z[ [ij[ eh]W# d_ice ^WY_W [b ;`[Ykj_le$ ;i gk[ bW feijkhW gk[ Z[\[d# Z_Â&#x152; [b c_Â&#x192;hYeb[i Â&#x2018;bj_ce [b i[Yh[# jWh_e `khÂ&#x2021;Z_Ye Z[ bW Fh[i_Z[dY_W Z[ bW H[fÂ&#x2018;Xb_YW" 7b[n_i C[hW" [d bW 9ec_i_Â&#x152;d Z[ @kij_Y_W Yedjhe# bWZW feh [b eĂ&#x2019;Y_Wb_ice de Z[`Â&#x152; ejhW Wbj[hdWj_lW W bei WiWcXb[Â&#x2021;i# jWi Z[ F7?I" c|i gk[ Wb_d[Whi[ W [iW j[i_i$ ;d ik YecfWh[Y[dY_W W bW C[iW B[]_ibWj_lW" C[hW [d\Wj_pÂ&#x152; [d bW d[Y[i_ZWZ Z[ gk[ i[ h[Wb_Y[

$ ! * " # " !"# ! !" # , # # # ! ! $ ! ! ) ! " # & ! " + ! !"# "

Ä&#x201C;ĹŠ ĹŠ/+ -3# ĹŠ04#ĹŠ+ 2ĹŠ/1# 2(%- !(.-#2ĹŠ04#ĹŠ1#!( #ĹŠ+ ĹŠ .-31 +.1~ ĹŠ 2#ĹŠ"#23(-#-ĹŠ +ĹŠ 1#24/4#23.ĹŠ"#+ĹŠ 23 ".Ä&#x201C;

kdW ceZ_Ă&#x2019;YWY_Â&#x152;d W bW B[o fWhW Z[ \ehcW WdWYhÂ&#x152;d_YW" bW 9edjhW# gk[ bWi fh[Wi_]dWY_ed[i i[Wd behÂ&#x2021;W WÂ&#x2018;d h[Y_X[ kdW Wi_]dWY_Â&#x152;d [b_c_dWZWi$ gk[ Ă&#x2020;YW[ [d bW _dYedij_jkY_edW# b_ZWZĂ&#x2021;$ 9ed bW B[o l_][dj[" [ij[ eh# # !!(.-#2ĹŠ HeiWdW 7blWhWZe o ik Ye_Z[W# ]Wd_ice Z[b ;ijWZe h[Y_X[ [b h_W CWh_ieb F[Â&#x2039;WĂ&#x2019;[b `kij_Ă&#x2019;YWhed + Z[ YWZW YedjhWje gk[ ikiYh_# gk[" Wkdgk[ bWi fh[Wi_]dWY_e# X[" feh [`[cfbe kd Ckd_Y_f_e d[i \k[hed ikfh_c_ZWi [d XWi[ Yed kdW [cfh[iW fh_lWZW fWhW W kd cWdZWje WfheXWZe feh bW c[`ehWh [b WbYWdjWh_bbWZe$ Ă&#x2020;BW l[djW`W [i gk[ Yed bWi 7iWcXb[W 9edij_jko[dj[" f[he fh[Wi_]dWY_ed[i" bW 9edjhWbehÂ&#x2021;W oW de Z[f[dZ[ Z[ h[Y_X_h h[Ykh# iei e he]Whb[ Wb C_d_ij[h_e Z[ <_dWdpWi fWhW [b fW]e Z[ ik[b# Zei" ]Wijei Yehh_[dj[i" [jY$Ă&#x2021;"

ĹŠ #+#% !(¢-ĹŠ 1.5(-!( +ĹŠ"#ĹŠ (!'(-!' ĹŠ"#+ĹŠ .-2#).ĹŠ"#ĹŠ 13(!(/ !(¢-ĹŠ (4" Äą Z_`e HW\W[b :|l_bW" Z[ bW XWd# " - ĹŠ8ĹŠ .-31.+ĹŠ .!( +Ŋĸ ĚŊ1#!( (¢Ŋ 8#1ĹŠ+ ĹŠ! 1/#3 ĹŠ"#ĹŠ(-2!1(/!(¢-ĹŠ"#+ĹŠ !34 +ĹŠ YWZW efei_jehW$ 7i[]khÂ&#x152; gk[ bW .-31 +.1ĹŠ 1+.2ĹŠ ¢+(3Ä&#x201D;ĹŠ04(#-ĹŠ2#ĹŠ/.234+ 1;ĹŠ-4#5 ,#-3#ĹŠ/ 1 ĹŠ#+ĹŠ! 1%.Ä&#x201C;ĹŠ _dj[dY_Â&#x152;d [i gk[ bW 9edjhWbehÂ&#x2021;W +ĹŠ!.-2#).ĹŠ 4(2ĹŠ !' + ĹŠ#7/+(!¢Ŋ04#ĹŠ ¢+(3ĹŠ/."1;ĹŠ/ 13(!(/ 1ĹŠ#-ĹŠ#2#ĹŠ!.-!412.ĹŠ i[ lk[blW kd [dj[ Z[f[dZ_[dj[ /Ă&#x152; +(!.ĹŠ2(-ĹŠ-#!#2(" "ĹŠ"#ĹŠ1#-4-!( 1ĹŠ +ĹŠ! 1%.Ä&#x201C;ĹŠ .8Ä&#x201D;ĹŠÄ&#x2030;Ä&#x152;Ä&#x2013;Ä&#x2021;Ä&#x2021;Ä&#x201D;ĹŠ#+ĹŠ ĹŠ1#!( (1;ĹŠ+ ĹŠ [YedÂ&#x152;c_YWc[dj[ Z[b ;`[Ykj_le$ ! 1/#3 ĹŠ"#ĹŠ+.2ĹŠ(-3#1#2 ".2ĹŠ#-ĹŠ.!4/ 1ĹŠ#+ĹŠ! 1%.ĹŠ"#ĹŠ .-31 +.1Ä&#x201C;

-31#% ĹŠ! 1/#3 Ĺ&#x2014;ĹŠĹŠ

! # $ ! ! ! " ) ! "# ! !" " ! " "# ! )! " ) " $ " % , $ !" , # # $ ! !" " ! " " ! $ !

$ # , ! # "# ,$ ! * ! # # " # # " $ !" " $ ! ! % $+ # " !

, # ! # "

, !


Ä&#x2021;

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

,# /( &Ĺ&#x2039; Ĺ&#x2039; Ä&#x201E; Ä&#x201E;Ĺ&#x2039; && Ĺ&#x2039; )(., Ĺ&#x2039; " 0,)(Ĺ&#x2039;

2ĹŠ4-ĹŠ 24-3.ĹŠ/ 13(!4Äą + 1,#-3#ĹŠ%1 5#ĹŠ04#ĹŠ4-ĹŠ )49% ".ĹŠ"#ĹŠ4-ĹŠ/ ~2ĹŠ"#Äą !+ 1#ĹŠ04#ĹŠ#+ĹŠ2(23#, ĹŠ)4"(!( +ĹŠ "#ĹŠ.31.ĹŠ/ ~2ĹŠ#2ĹŠ3 -ĹŠ!.114/3.ĹŠ .ĹŠ(-)423.ĹŠ04#ĹŠ242ĹŠ$ ++.2ĹŠ-.ĹŠ "# #-ĹŠ2#1ĹŠ1#2/#3 ".2ĢÄ&#x201C;ĹŠ

ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ Ä&#x201C; Ä&#x201C;ĹŠ

Bei cW]_ijhWZei Wi[]khWd gk[ 9^[lhed iÂ&#x152;be feZhÂ&#x2021;W Z[iW# Ă&#x2019;Wh bW _dZ[cd_pWY_Â&#x152;d i_ bei Z[# cWdZWdj[i [cfh[dZ[d WYY_ed[i fWhW gk[ i[ [`[Ykj[ bW i[dj[dY_W o i[ eXb_]k[ W bW f[jheb[hW W Z[# i[cXebiWh [b Z_d[he" Wb]e gk[ jeZWlÂ&#x2021;W de ^Wd ^[Y^e Ă&#x2020;o gk[ fk[Z[ gk[ de ^W]Wd dkdYW [d ĹŠ ĹŠ ĹŠÄ&#x203A;ĹŠKd jh_XkdWb Z[ Dk[lW OehaĂ&#x2021;$ Bei h[fh[i[djWdj[i Z[ bei Wf[bWY_ed[i Z[ ;;$KK$ h[Y^WpÂ&#x152; Z[cWdZWdj[i Y[b[XhWhed Wo[h kdW Z[Y_i_Â&#x152;d fh[l_W [b \Wbbe Wb Yedi_Z[hWh gk[ Z[ kd `k[p Z[ Dk[lW Oeha ĹŠ Ă&#x2020;Yehh_][Ă&#x2021; kdW Ă&#x2020;]hWl[ _d`ki# gk[ ^WXÂ&#x2021;W Xbegk[WZe bW c_bbedWh_W _dZ[cd_pW# j_Y_WĂ&#x2021; YedjhW bW feXbWY_Â&#x152;d Y_Â&#x152;d _cfk[ijW W bW f[# -ĹŠ)49% ".ĹŠ #!4 3.1( -.ĹŠ!.-Äą Z[ bW 7cWped_W [YkWjeh_W# jheb[hW 9^[lhed feh kd "#-¢Ŋ#-ĹŠ$# 1#1.ĹŠ dW" oW gk[ Ă&#x2020;h[fh[dZ[Ă&#x2021; bWi `kp]WZe Z[ ;YkWZeh [d "#ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2C6;Ä&#x2C6;ĹŠ ĹŠ '#51.-ĹŠ ĹŠ/ % 1ĹŠ j|Yj_YWi b[]Wb[i Ă&#x2020;WXki_lWiĂ&#x2021; kd YWie Z[ YedjWc_dW# 4- ĹŠ,(++.- 1( ĹŠ Z[ bW f[jheb[hW fWhW Ă&#x2020;Z[d_# (-"#,-(9 !(¢-ĹŠ ]hWhĂ&#x2021; W bei gk[ ik\h[d bWi Y_Â&#x152;d c[Z_eWcX_[djWb [d /.1ĹŠ+.2ĹŠ"  .2ĹŠ , (#-3 +#2ĹŠ04#ĹŠ Yedi[Yk[dY_Wi Z[ bW Yed# bW 7cWped_W$ .! 2(.-¢Ŋ+ ĹŠ Kd fWd[b Z[ jh[i `k[Y[i /#31.+#1 ĹŠ #7 !.ĹŠ jWc_dWY_Â&#x152;d$ Z[b Jh_XkdWb <[Z[hWb Z[ #-ĹŠ+ ĹŠ , 9.-( ĹŠ BW f[jheb[hW Z_`e [d kd #-31#ĹŠÄ&#x2C6;Ä&#x2019;Ä?Ä&#x152;ĹŠ8ĹŠ 7f[bWY_ed[i Z[b I[]kdZe Ä&#x2C6;Ä&#x2019;Ä&#x2019;Ä&#x2021;Ä&#x201C; Yeckd_YWZe gk[ i[ jhWjW 9_hYk_je [c_j_Â&#x152; kd dk[le iÂ&#x152;be Z[ kd \Wbbe Z[ fheY[# \Wbbe [d [b gk[ Wi[]khW gk[ [b Z_c_[dje [ _di_ij_Â&#x152; gk[ ^Wo Ă&#x2020;Wc# `k[p B[m_i AWfbWd [hhÂ&#x152; [d cWh# fb_Wi [l_Z[dY_Wi Z[ \hWkZ[Ă&#x2021; [d [b pe Z[b WÂ&#x2039;e fWiWZe Wb Xbegk[Wh YWie gk[ i[ i_]k[ [d bei jh_XkdW# \k[hW Z[ ;YkWZeh bW Wfb_YWY_Â&#x152;d b[i [d ;YkWZeh" o gk[ Yedj_dkWh| Z[ bW ckbjW Z[ '.$&&& c_bbed[i Yed iki h[YbWcei YedjhW bei Z[# Z[ ZÂ&#x152;bWh[i YedjhW bW f[jheb[hW [i# cWdZWdj[i Z[ BW]e 7]h_e o iki WXe]WZei$ jWZekd_Z[di[$

+ĹŠ 1#2("#-3#ĹŠ2#ĹŠ5 ĹŠ ĹŠ +.2ĹŠ'.2/(3 +#2ĹŠ8ĹŠ .3 ĹŠ +ĹŠ (-(231.ĹŠ/.104#ĹŠ ' 8ĹŠ4-ĹŠ 2!#-2.1ĹŠ"  ".Ä&#x201C;ĹŠ Ä .1ĹŠ04_ĹŠ-.ĹŠ+#ĹŠ .3 ĹŠ +ĹŠ -Äą !(++#1ĹŠ8ĹŠ +ĹŠ (!#! -!(++#1ĹŠ04#ĹŠ ' -ĹŠ/4#23.ĹŠ#-ĹŠ1(#2%.ĹŠ +%.ĹŠ , 2ĹŠ"#+ĹŠÄ&#x160;Ä&#x2021;Ĺ&#x2DC;ĹŠ"#ĹŠ+ 2ĹŠ#7/.1Äą 3 !(.-#2ĹŠ"#ĹŠ !4 ".1Ä&#x;ĢÄ&#x201C; ĹŠ ^

ĹŠ

Ä&#x201C;ĹŠ -ĹŠ#+ĹŠ/ ~2ĹŠ#7(23#-ĹŠÄ&#x160;Ä&#x201C;Ä&#x2018;Ä&#x2030;Ä&#x2C6;ĹŠ;1# 2ĹŠ"#ĹŠ!4+3(5.ĹŠ"#ĹŠÄ&#x201E;.1#2Ä&#x201C;

,. Ĺ&#x2039; Ĺ&#x2039; / -Ĺ&#x2039;*)( Ĺ&#x2039; (Ĺ&#x2039; ,# -!)Ĺ&#x2039;ÿúÄ&#x201E;úúúĹ&#x2039; '*& )-Ĺ&#x2039;

+ĹŠ,#1! ".ĹŠ#41./#.ĹŠ!.,/1¢ŊÄ&#x2C6;Ä&#x152;Ä&#x2021;ĹŠ,(++.Äą -#2ĹŠ"#ĹŠ"¢+ 1#2ĹŠ#-ĹŠ1.2 2ĹŠ#-ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2C6;Ä&#x2C6;Ä&#x201C;ĹŠ ĹŠ(-3#1Äą 5#-!(¢-ĹŠ"#+ĹŠ5(!#,(-(231.ĹŠ/1#.!4/ Ä&#x201C;ĹŠ BW ikif[di_Â&#x152;d Z[ bWi d[]eY_W# Z[ ^[Y^e" gk[ YWi_ jeZW ik fhe# Y_ed[i Yed bW Kd_Â&#x152;d ;khef[W ZkYY_Â&#x152;d [djh[]Wd W [i[ Xbegk[" K; fed[ [d h_[i]e W +&$&&& Yece [i [b YWie Z[ Ă&#x2019;dYWi0 <beh# [cfb[ei Ă&#x201C;ehÂ&#x2021;YebWi [d [b fWÂ&#x2021;i$ cWh[ o >e`W L[hZ[$ ;ije Z[X_Ze W gk[ [b L_[`e 9ed# ;ZkWhZe B[jjeh" ][h[dj[ j_d[dj[ [i [b j[hY[h c[hYWZe ][d[hWb Z[ >e`W L[hZ[" _dZ_YÂ&#x152; c|i _cfehjWdj[ fWhW [b fhe# gk[ [d [b YWie Z[ ik Ă&#x2019;dYW Ă&#x2020;Wbh[# ZkYje$ ;d (&'' h[fh[i[djÂ&#x152; [b Z[Zeh Z[b *& i[ lW W ;khefW" (&"- Z[ bWi l[djWi jejWb[i" be [ie [i kd lebkc[d _cfehjWdj[$ gk[ i_]d_Ă&#x2019;YÂ&#x152; Wbh[Z[Zeh Z[ '*& Iecei kd ]hkfe Z[ jh[i Ă&#x2019;dYWi c_bbed[i Z[ ZÂ&#x152;bWh[i Z[ o j[d[cei Y[hYW Z[ +&& Z_l_iWi fWhW [b fWÂ&#x2021;i$ jhWXW`WZeh[i" i_ [i [b I_i# :[ WYk[hZe W bWi fh_# j[cW =[d[hWb Z[ Fh[\[# ĹŠ c[hWi [ij_cWY_ed[i Z[ "#ĹŠ! 1% ĹŠ!.-ĹŠ$+.Äą h[dY_Wi de i[ h[dk[lW" ;nfeĂ&#x201C;eh[i" [d (&'' i[ 1#2ĹŠ2 +(#1.-ĹŠ ĹŠ lW W i_]d_Ă&#x2019;YWh kdW fÂ&#x192;h# [nfehjWhed '',$&&& je# 41./ ĹŠ#-ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2C6;Ä&#x2C6;Ä&#x201C; Z_ZW Z[ Yecf[j_j_l_ZWZ gk[ W bWh]e fbWpe fhele# d[bWZWi" gk[ h[fh[i[d# jWhed ,-& c_bbed[i Z[ YWh| gk[ Z[iWfWh[pYW bW ZÂ&#x152;bWh[i$ ;b c[hYWZe [khef[e WYj_l_ZWZĂ&#x2021;$ WXiehX_Â&#x152; Wfhen_cWZWc[dj[ 7 Yh_j[h_e Z[ FÂ&#x192;h[p" de [n_i# (+$&&& Z[ [iWi jed[bWZWi$ j[ kd c[hYWZe gk[ h[[cfbWY[ :[ W^Â&#x2021; gk[ ?]dWY_e FÂ&#x192;h[p" Wb [khef[e fehgk[ Ă&#x2020;de i[ [ij| fh[i_Z[dj[ Z[ ;nfeĂ&#x201C;eh[i" i[# Y[hhWdZe kd fWÂ&#x2021;i" i_de (. fWÂ&#x2021;# Â&#x2039;WbÂ&#x152; gk[ Ă&#x2020;[b Y_[hh[ Z[ bW K; lW i[i o fWhW Z[iWhhebbWh kd c[h# W W\[YjWh W jeZW bW _dZkijh_W" de YWZe i[ d[Y[i_jWd ckY^ei WÂ&#x2039;ei iÂ&#x152;be Wb (' " fehgk[ eYWi_edW Z[ jhWXW`eĂ&#x2021;$ kd j[hh[ceje [d lWh_ei Yec# CWkh_Y_e 8kijWc[dj[" fh[i_# fed[dj[i0 fheZkYje" Yeijei" Z[dj[ Z[ bW 9|cWhW Z[ 7]h_Ykb# l[djWi" lWh_[ZWZ[iĂ&#x2021;$ jkhW Z[ bW Fh_c[hW PedW" feh ik FÂ&#x192;h[p WÂ&#x2039;WZ_Â&#x152; gk[ Ă&#x2020;i[ fed[d fWhj[" i[Â&#x2039;WbÂ&#x152; gk[ bW Ă&#x201C;eh_YkbjkhW [d f[b_]he +&$&&& [cfb[ei [i kdW bWi \k[hpWi fheZkYj_lWi Z_h[Yjei gk[ ][d[hW [ij[ i[Y# o bWXehWb[i c|i _cfehjWdj[i Z[ jehĂ&#x2021;$ >Wo Wb]kdWi [cfh[iWi" bW W]he_dZkijh_W$ Ă&#x2020;;i [b gk[ c|i

Ä&#x160;Ä&#x2021;Ä&#x17D;ĹŠ

Ä&#x201C;ĹŠ , %#-ĹŠ"#ĹŠ4-.2ĹŠ !3(5(23 2ĹŠ-.13# ,#1(! -.2ĹŠ04#ĹŠ/1.3#23 -ĹŠ#-ĹŠ!.-31 ĹŠ "#ĹŠ+ ĹŠ/#31.+#1 ĹŠ/.1ĹŠ#+ĹŠ! 2.ĹŠ#!4 3.1( -.Ä&#x201C;ĹŠ

(231( 4!(¢-ĹŠ #7/.13 !(.-#2ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2C6;Ä&#x2C6; +.1#2

Ĺ&#x2014;ĹŠ Ä&#x201C; Ä&#x201C;Ä&#x2013;ĹŠ Ĺ&#x2014;ĹŠ 42( Ä&#x2013;ĹŠ Ĺ&#x2014;ĹŠ Ä&#x2013;ĹŠ Ĺ&#x2014;ĹŠ 31.2Ä&#x2013;ĹŠ

Ä&#x152;Ä&#x2C6;Ä&#x201D;Ä&#x2C6;Ĺ&#x2DC; Ä&#x2030;Ä&#x2030;Ä&#x201D;Ä&#x17D;Ĺ&#x2DC; Ä&#x2030;Ä&#x2021;Ä&#x201D;Ä?Ĺ&#x2DC; Ä&#x2C6;Ä&#x17D;Ä&#x201D;Ä?Ĺ&#x2DC;

fbWpWi Z[ [cfb[e ][d[hW o gk[ c|i h[]kbWh_pWZe [ij|" [d j[cWi Z[ i[]kh_ZWZ ieY_Wb o ik[bZeiĂ&#x2021;" WfkdjÂ&#x152;$

Ŋ2(34 !(¢-

;b fWÂ&#x2021;i j[dÂ&#x2021;W bWi fei_X_b_ZWZ[i Z[ YedYh[jWh kd WYk[hZe Yec[h# Y_Wb Yed bW K;" bk[]e Z[ gk[ [d Z_Y_[cXh[ fWiWZe" feh Z_ifei_# Y_Â&#x152;d fh[i_Z[dY_Wb" i[ Z[Y_Z_Â&#x152; h[# jecWh bWi d[]eY_WY_ed[i$ xijWi i[ ikif[dZ_[hed Zei WÂ&#x2039;ei Wjh|i feh Z[iWYk[hZei [d j[cWi Z[ YecfhWi fÂ&#x2018;Xb_YWi" ieX[hWdÂ&#x2021;W Wb_c[djWh_W" [djh[ ejhei$ BW K;" i_d [cXWh]e" Z[Y_Z_Â&#x152; de h[WdkZWh bei Z_|be]ei bk[]e Z[ gk[ [b cWhj[i fWiWZe [b l_# Y[YWdY_bb[h" A_djje BkYWi" Z_i# fkie Wb [cXW`WZeh [d 8hki[bWi" <[hdWdZe OÂ&#x192;f[p" gk[ Y_[hh[ [b fheY[ie$ 7iÂ&#x2021;" [b i[Yjeh Ă&#x201C;ehÂ&#x2021;YebW Z[X[h| fW]Wh W fWhj_h Z[ (&'* kd WhWdY[b Z[ '("+ $ Feh [b cec[dje o ^WijW Z_Y_[cXh[ Z[ (&') i[ X[d[Ă&#x2019;Y_W Z[b I=F" f[he de i[ h[delWh|$

Ä&#x2020;Ĺ&#x2039; .#Â&#x2DC;)Ĺ&#x2039;*# Ĺ&#x2039;Ä&#x2019;-#& ( #)Ä&#x201C;Ĺ&#x2039; Ĺ&#x2039;-/-Ĺ&#x2039; )-Ĺ&#x2039;-/ &. ,()-Ĺ&#x2039;

;b YWdY_bb[h H_YWhZe FWj_Â&#x2039;e i[ i[djÂ&#x152; Wo[h `kdje Wb l_Y[YWdY_bb[h" A_djje BkYWi1 o [b l_Y[c_d_ijhe Z[ 9ec[hY_e ;nj[h_eh" <hWdY_i# Ye H_lWZ[d[_hW1 fWhW WYbWhWh bW i_jkWY_Â&#x152;d [d bW gk[ i[ [dYk[d# jhWd bWi d[]eY_WY_ed[i Yed bW Kd_Â&#x152;d ;khef[W K; " Z[X_Ze W bWi fei_Y_ed[i YedjhWh_Wi gk[ cWdj_[d[d [ijei \kdY_edWh_ei$ FWj_Â&#x2039;e" gk_[d Z_`e i[h Z[ W^e# hW [d WZ[bWdj[ [b Â&#x2018;d_Ye leY[he Z[b =eX_[hde ieXh[ Yec[hY_e [nj[h_eh" Yec[djÂ&#x152; gk[ c|i gk[ ieb_Y_jWh Ă&#x2020;fhkZ[dY_WĂ&#x2021; [d bWi Z[# YbWhWY_ed[i Z[ iki \kdY_edWh_ei

^W f[Z_Ze Ă&#x2020;i_b[dY_eĂ&#x2021;$ Feh [bbe" [d [ijW hk[ZW Z[ fh[diW [b 9WdY_bb[h \k[ [b Â&#x2018;d_Ye gk[ _dj[hl_de$ Ă&#x2020;;d bWi fhÂ&#x152;n_cWi i[cWdWi l_W`WhÂ&#x192; ^WY_W bW K; `kdje Wb c_# d_ijhe YeehZ_dWZeh Z[ bW Fhe# ZkYY_Â&#x152;d" IWdj_W]e B[Â&#x152;d" o ejhei \kdY_edWh_ei fWhW Yedl[hiWh Yed iki Wkjeh_ZWZ[i o WiÂ&#x2021; kdW l[p gk[ i[ ikf[h[d bWi _dgk_[jkZ[i" i[ [djhWh| [d bW hedZW Z[ d[]eY_W# Y_ed[iĂ&#x2021;$ :[iYWhjÂ&#x152; gk[ bWi Yedl[h# iWY_ed[i fWhW bb[]Wh W WYk[hZei Yed bW K; i[ ^WoWd Ă&#x2020;ikif[dZ_Ze$ 7b c[dei deiejhei de be ^[cei ^[Y^eĂ&#x2021;" fh[Y_iÂ&#x152;$ I_d [cXWh]e"

kd fehjWlep Z[ bW Z[b[]WY_Â&#x152;d Z[ bW K; [d Gk_je Wi[]khÂ&#x152; Wo[h W bW W][dY_W ;<;" gk[ bW Kd_Â&#x152;d ^W ikif[dZ_Ze bWi Yedl[hiWY_ed[i ieXh[ kd fei_Xb[ WYk[hZe Yec[h# Y_Wb" Z[ifkÂ&#x192;i Z[ gk[ BkYWi [dl_W# hW kdW YWhjW W 8hki[bWi Wi[]k# hWdZe gk[ ;YkWZeh i[ h[j_hW Z[ bWi Yedl[hiWY_ed[i" fk[i fbWd[W [djhWh [d [b C[hYeikh$ Bk[]e" FWj_Â&#x2039;e h[f_j_Â&#x152; [b Z_i# Ykhie ieXh[ bei WYk[hZei Ye# c[hY_Wb[i0 Ă&#x2020;De Ă&#x2019;hcWh[cei kd JB9 Yed bW K;" f[he [ije de gk_[h[ Z[Y_h gk[ de gk[hWcei d[]eY_Wh Yed [bbeiĂ&#x2021;$


/ .),# ()Ä&#x2026;Ĺ&#x2039;* , $ Ĺ&#x2039; Ĺ&#x2039;Ĺ&#x2039; ( # .)Ĺ&#x2039; (Ĺ&#x2039; #(& ( # +ĹŠ!.,/ 31(.3 ĹŠ #7 1ĹŠ -3.-(.ĹŠ +.1#2ĹŠ /."1~ ĹŠ!.-5#13(12#ĹŠ#-ĹŠ#+ĹŠ#2/.2.ĹŠ"#+ĹŠ /1¢7(,.ĹŠ/1#2("#-3#ĹŠ"#+ĹŠ/ ~2ĹŠ#41./#.Ä&#x201C; ÂĄ ĹŠ Ä&#x203A;;b f[# bkgk[he [YkWjeh_Wde D[nWh 7d# jed_e <beh[i [ij| Y[hYW Z[ bb[]Wh Wb feZ[h [d <_dbWdZ_W" ZedZ[ ik fWh[`W" [b Z_fbec|j_Ye F[aaW >W# Wl_ije" fWiÂ&#x152; W bW i[]kdZW lk[bjW Z[ bWi [b[YY_ed[i fh[i_Z[dY_Wb[i [d [ij[ fWÂ&#x2021;i Z[ ;khefW o feZhÂ&#x2021;W Yedl[hj_hi[ [d [b fh_c[h `[\[ Z[ ;ijWZe WX_[hjWc[dj[ ]Wo Z[b ckdZe$ <beh[i" Z[ )) WÂ&#x2039;ei" cWdj_[d[ kdW h[bWY_Â&#x152;d Z[ kd_Â&#x152;d Y_l_b Z[iZ[ ^WY[ '& WÂ&#x2039;ei Yed >WWl_ije" Z[ +)" gk_[d ^W i_Ze Z_fkjWZe o c_d_ijhe Z[ C[Z_e 7cX_[dj[ [d ik fWÂ&#x2021;i$ ;b [YkWjeh_Wde ^W fWhj_Y_fWZe WYj_lWc[dj[ [d bW YWcfWÂ&#x2039;W fh[# i_Z[dY_Wb Z[ ik fWh[`W" gk_[d de ^W eYkbjWZe ik ^ecei[nkWb_ZWZ$ Bei Zei i[ YedeY_[hed [d ;YkW# Zeh YkWdZe [b febÂ&#x2021;j_Ye l_W`WXW Yece ceY^_b[he feh lWh_ei fWÂ&#x2021;# i[i ikhWc[h_YWdei$ >WWl_ije" Z[b fWhj_Ze Z[ Bei L[hZ[i" f[b[Wh| Yed [b YWdZ_ZW# je Yedi[hlWZeh" IWkb_ D__d_ijÂ?" bW fh[i_Z[dY_W Z[ <_dbWdZ_W [b fhÂ&#x152;n_ce + Z[ \[Xh[he$

BW fWh[`W Z[ <beh[i Yk[djW Yed [b Z[ijWYWZe Wfeoe Z[ bei `Â&#x152;l[d[i o feZhÂ&#x2021;W Yedl[hj_hi[ [d [b fh_c[h `[\[ Z[ [ijWZe WX_[hjWc[dj[ ]Wo Z[b ckdZe$ ;i Z[ WdejWh gk[ bei fh_c[hei c_d_ijhei Z[ ?ibWdZ_W o 8Â&#x192;b]_YW" @Â&#x152;^WddW I_]kh WhZÂ&#x152;jj_h o ;b_e :_ Hkfe" ied WX_[hjWc[dj[ ^ecei[nkWb[i o `[\[i Z[ =eX_[h# de" f[he de eij[djWd bW c|n_cW h[fh[i[djWY_Â&#x152;d Z[ iki h[if[Yj_# lei [ijWZei$ :[ jeZei ceZei" [b ^[Y^e Z[ bb[]Wh W bW i[]kdZW lk[bjW [i Yed# i_Z[hWZe feh bei i_cfWj_pWdj[i Z[b fWhj_Ze Z[ Bei L[hZ[i Yece kd ]hWd Â&#x192;n_je fWhW kd YWdZ_ZWje ]Wo$ Ă&#x2020;Ik jh_kd\e [i kd _cfehjWdj[ [ifWbZWhWpe Wb WlWdY[ Z[ bei Z[h[# Y^ei =B8J [d kd fWÂ&#x2021;i gk[ bb[lW kd fWh Z[ WÂ&#x2039;ei Z_iYkj_[dZe bW fei_X_# b_ZWZ Z[ WfheXWh [b cWjh_ced_e [djh[ f[hiedWi Z[b c_ice i[ne" [d bW [ij[bW Z[ iki l[Y_dei Ik[Y_W o Dehk[]WĂ&#x2021;" h[ikc[ kdW _d\ehcW# Y_Â&#x152;d Z[b fehjWb ;YkWZeh :_l[hie$ -ĹŠ/1(5 ".

D[nWh" gk_[d [i Zk[Â&#x2039;e Z[ kd be#

YWb Z[ X[bb[pW kX_YWZe [d bW beYW# b_ZWZ Z[ Hke^ebW^j_" WYecfWÂ&#x2039;W W F[aaW W jeZWi iki WYj_l_ZWZ[i febÂ&#x2021;j_YWi$ 9kWdZe j_[d[d hWjei b_Xh[i WcXei Wi_ij[d Wb j[Wjhe" [l[djei YkbjkhWb[i" \[ij_lWb[i Z[ Y_d[ o ^WijW ^Wd Z_i\hkjWZe Z[ kd h[Y_jWb Z[ H_Yao CWhj_d" [d Feh_ @Wpp[_bb[$ ;d kdW [djh[l_ijW Wb c[Z_e C[jheb_l[ Z[ <_dbWdZ_W" D[nWh Wi[]khÂ&#x152; gk[ ik fWh[`W de h[Wb_pW jWh[Wi [d bW YWiW$ F[aaW >WWl_ije" feh ik fWhj[" [i bW YWhW WcWXb[ o fhe]h[i_i# jW Z[b fWhj_Ze Z[ Bei L[hZ[i [d [ijWi [b[YY_ed[i$ DWY_Ze [d >[bi_da_ [d '/+." >WWl_ije \k[ kde Z[ bei \kdZWZeh[i Z[ [ij[ fWhj_Ze Z[ eh_[djWY_Â&#x152;d [Yebe]_i# jW" YkoW Z_h[YY_Â&#x152;d Wikc_Â&#x152; [djh[ '//) o '//+$ Be]hÂ&#x152; ik fh_c[h [iYWÂ&#x2039;e Z[ Z_# fkjWZe [d '/.-" o [d '//+ i[ Yed# l_hj_Â&#x152; [d [b fh_c[h febÂ&#x2021;j_Ye l[hZ[ Z[ ;khefW [d bb[]Wh Wb =eX_[h# de" YkWdZe [b [djedY[i fh_c[h c_d_ijhe" FWWle B_ffed[d" be decXhÂ&#x152; j_jkbWh Z[ C[Z_e 7c# X_[dj[$ JWcX_Â&#x192;d ^W jhWXW`WZe [d [b Fhe]hWcW Z[ bWi DWY_e# d[i Kd_ZWi fWhW [b C[Z_e 7c# X_[dj[ KD;F " Z[iWhhebbWdZe Z_l[hiWi jWh[Wi [d fWÂ&#x2021;i[i Yece Aeiele" 7\]Wd_ij|d" ?hWa" Eh_[dj[ C[Z_e o B_X[h_W$

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

Ä&#x2C6;

Ä&#x201C;ĹŠĹŠ 2ĹŠ5(5(#-" 2ĹŠ,;2ĹŠ $#!3 " 2ĹŠ#23;-ĹŠ4 (! " 2ĹŠ#-ĹŠ+ 2ĹŠ(-,#"( !(.-#2ĹŠ "#+ĹŠ1~.ĹŠ 4! Ä&#x201C;ĹŠ ĹŠ%#-3#ĹŠ3(#-#ĹŠ04#ĹŠ31 -2/.13 12#ĹŠ!.,.ĹŠ2#ĹŠ/4#" Ä&#x201C;ĹŠ

& ,. Ĺ&#x2039;,)$ Ĺ&#x2039; (Ĺ&#x2039; )&)' # Ĺ&#x2039; *),Ĺ&#x2039; - ), '# (.)Ĺ&#x2039; Ĺ&#x2039;,v) :Ä&#x201D;ĹŠ Ä&#x203A; 7b c[dei '. ck#

.2ĹŠĂ&#x152;+3(,.2 !.+#3 9.2 Ĺ&#x2014;ĹŠ

d_Y_f_ei Z[ Zei Z[fWhjWc[d# jei Z[b ikhe[ij[ Z[ 9ebecX_W [ij|d [d Wb[hjW he`W Yece Yedi[Yk[dY_W Z[b _dYh[c[dje ĹŠĹŠĹŠ +ĹŠ1~.ĹŠ 4! ĹŠ#2ĹŠ#+ĹŠ2#%4-".ĹŠ,;2ĹŠ [d bei d_l[b[i Z[b hÂ&#x2021;e 9WkYW" %1 -"#ĹŠ"#ĹŠ .+., ( Ä&#x201D;ĹŠ"#2/4_2ĹŠ"#+ĹŠ gk[ oW ^W fheleYWZe Wb]kdei %" +#- ĹŠ8ĹŠ1#!.11#ĹŠ!#1! ĹŠ"#ĹŠÄ&#x2C6;Ä&#x2018;Ä&#x2021;ĹŠ Z[iXehZWc_[djei$ ,4-(!(/(.2ĹŠ#-ĹŠ+.2ĹŠ"#/ 13 ,#-3.2ĹŠ BW fehjWlep Z[ bW Kd_ZWZ "#ĹŠ 4! Ä&#x201D;ĹŠ ++#ĹŠ"#+ĹŠ 4! Ä&#x201D;ĹŠ 4(-Äą DWY_edWb fWhW bW =[ij_Â&#x152;d Z[b "~.Ä&#x201D;ĹŠ (2 1 +" Ä&#x201D;ĹŠ +" 2Ä&#x201D;ĹŠ -3(.04( Ä&#x201D;ĹŠ H_[i]e Z[ bW Fh[i_Z[dY_W Z[ bW ¢1". Ä&#x201D;ĹŠ 4!1#ĹŠ8ĹŠ .+~5 1Ä&#x201C; H[fÂ&#x2018;Xb_YW Kd]hZ " IWdZhW +ĹŠ -23(343.ĹŠ"#ĹŠ ("1.+.%~ Ä&#x201D;ĹŠ #3#.Äą 9Wble" [nfb_YÂ&#x152; gk[ [ijW i_# 1.+.%~ ĹŠ8ĹŠ 234"(.2ĹŠ , (#-3 +#2ĹŠ jkWY_Â&#x152;d j_[d[ ik eh_][d [d bW ĸ "# ,ĚŊ/1.-.23(!¢Ŋ04#ĹŠ+ ĹŠ3#,/.1 Äą YWX[Y[hW Z[b hÂ&#x2021;e" [d [b bÂ&#x2021;c_j[ " ĹŠ++45(.2 ĹŠ!.-!+4(1~ ĹŠ#-ĹŠ+ 2ĹŠ/1(,#1 2ĹŠ [djh[ bei Z[fWhjWc[djei Z[ 2#, - 2ĹŠ"#ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2C6;Ä&#x2030;Ä&#x201D;ĹŠ 4-04#ĹŠ"#)¢Ŋ!+ 1.ĹŠ >k_bW o 9WkYW" ZedZ[ i[ h[# 04#ĹŠ#+ĹŠ$#-¢,#-.ĹŠ,#3#.1.+¢%(!.ĹŠ ]_ijhWd Ă&#x2020;WXkdZWdj[i o WjÂ&#x2021;f_# "#ĹŠ ĹŠ ( Ŋ/4#"#ĹŠ" 1ĹŠ3." 5~ ĹŠ242ĹŠ YWi bbkl_WiĂ&#x2021;$ Ă&#x152;+3(,.2ĹŠ!.+#3 9.2Ä&#x201C; ;b d_l[b Z[b 9WkYW o iki WĂ&#x201C;k[dj[i ikf[hWd [d Wfhen_# WZ[bWdjW kdW ]_hW feh cWZWc[dj[ '( Y[djÂ&#x2021;# bWi beYWb_ZWZ[i W\[YjWZWi c[jhei bW YejW Z[ Z[i# fWhW Z_ijh_Xk_h kd jejWb Z[ XehZWc_[dje" feh be gk[ [b ?dij_jkje Z[ >_# *$&&& fWgk[j[i Z[ WokZW gk[ Yedj_[d[d Wb_c[djei Zhebe]Â&#x2021;W" C[j[ehebe]Â&#x2021;W o ;ijkZ_ei 7cX_[djW#

X|i_Yei" YebY^ed[jWi" [gk_# b[i ?Z[Wc cWdjkle bW ĹŠ' ĹŠ"#) ".ĹŠ+ ĹŠ fei Z[ YeY_dW o Wi[e" i|XW# 3#,/.1 " ĹŠ++4Äą Ă&#x2020;Wb[hjW he`WĂ&#x2021; gk[ [c_j_Â&#x152; dWi o dkc[heiWi j_[dZWi 5(.2 Ä&#x201C; W _d_Y_ei Z[ i[cWdW$ Z[ YWcfWÂ&#x2039;W$ 9Wble i[Â&#x2039;WbÂ&#x152; gk[ '- I[]Â&#x2018;d 9Wble" kd ]hWd dÂ&#x2018;c[he Z[ \Wc_b_Wi gk[ de ckd_Y_f_ei Z[b Z[fWh# Ä&#x201C; fh[Y_iÂ&#x152; ^Wd f[hZ_Ze ck[# jWc[dje Z[b LWbb[ Z[b 9WkYW ikhe[ij[ Ă&#x2020;[i# Xb[i" [b[YjheZecÂ&#x192;ij_Yei o [di[h[i W hWÂ&#x2021;p Z[ bWi _dkd# j|d [d h_[i]e Z[ _dkd# ZWY_ed[i" gk[ [d Wi[d# ZWY_Â&#x152;dĂ&#x2021;" WiÂ&#x2021; Yece BW Äą Ä&#x201C; L_h]_d_W" ejhe fk[Xbe jWc_[djei Yece Fk[hje [d H_iWhWbZW e[ij[ $ Dk[le o @kWdY^_je" [d bWi W\k[hWi Z[ 9Wb_" YWf_jWb Z[b Äą LWbb[ Z[b 9WkYW ikhe[ij[ 47(+(.2 Ä&#x201C; Z[b fWÂ&#x2021;i " ^Wd bb[lWZe bWi Kd [gk_fe Z[b Kd]hZ W]kWi feh [dY_cW Z[ bW b_Z[hWZe feh ik Z_h[Y# jeh" 9Whbei ?l|d C|hgk[p" Y_djkhW$

Ä&#x2C6;Ä&#x2018;Ä&#x17D;

Ä&#x2C6;Ä&#x160;Ä&#x2018;ĹŠ Ä&#x2030;Ä&#x2030;ĹŠ

Ä&#x2019;Ä&#x201C;Ä&#x2021;Ä&#x2021;Ä&#x2021;ĹŠ

Ä&#x201C;ĹŠ #7 1ĹŠ -3.-(.ĹŠ +.1#2Ŋĸ(904(#1" ĚŊ8ĹŠ #** ĹŠ 5(23.ĹŠ5 -ĹŠ)4-3.2ĹŠ ĹŠ3." 2ĹŠ/ 13#2Ä&#x201C;

- -#( (Ĺ&#x2039; Ĺ&#x2039;(/ 0 Ĺ&#x2039;* ,-)( -Ĺ&#x2039;Ĺ&#x2039; (Ĺ&#x2039; *& ()Ĺ&#x2039; (.,)Ĺ&#x2039; Ĺ&#x2039; )(. ,, 3 Ä&#x201D;ĹŠ Ä&#x203A; Dk[l[ f[hie#

dWi \k[hed Wi[i_dWZWi W j_hei Wo[h [d [b Y[djhe Z[ bW Y_kZWZ Z[ Cedj[hh[o" [d [b dehj[ Z[ CÂ&#x192;n_Ye" eY^e Z[ [bbWi [d kdW iebW WYY_Â&#x152;d Wjh_Xk_ZW Wb Yh_c[d eh]Wd_pWZe" _d\ehcWhed \k[d# j[i eĂ&#x2019;Y_Wb[i$ ;d bW cWZhk]WZW" ik`[jei Wh# cWZei Z[iY[dZ_[hed Z[ lWh_ei l[^Â&#x2021;Ykbei" YebeYWhed W eY^e `Â&#x152;l[# d[i YedjhW kdW fWh[Z o WXh_[hed \k[]e YedjhW [bbei" fh[Y_iÂ&#x152; kdW

\k[dj[ Z[ bW Feb_YÂ&#x2021;W Ckd_Y_fWb$ ;b ]hkfe WhcWZe Z[`Â&#x152; kd c[diW`[ [iYh_je [d bW fWh[Z" Yece ik[b[d ^WY[h bWi eh]Wd_# pWY_ed[i Yh_c_dWb[i [d CÂ&#x192;n_Ye [d [b cWhYe Z[ ik fk]dW feh [b Yedjheb Z[ j[hh_jeh_ei fWhW [b jhWi_[]e Z[ Zhe]Wi ^WY_W ;ijW# Zei Kd_Zei$ ;d ejhe [l[dje" kdW ck`[h \k[ Wi[i_dWZW W j_hei jWcX_Â&#x192;d [d [b Y[djhe Z[ Cedj[hh[o" [d [b FWi[e Z[ IWdjW BkYÂ&#x2021;W" kd fkdje jkhÂ&#x2021;ij_#

Ye Z[ bW khX[ _dZkijh_Wb$ 4#11 ĹŠ"#ĹŠ! 13#+#2

Cedj[hh[o [i [iY[dWh_e Z[ kdW Yhk[djW bkY^W [djh[ bei YWhj[b[i Z[ Bei P[jWi o iki Wdj_]kei Wb_W# Zei Z[b =eb\e" gk[ ^W Z[`WZe dk# c[heiWi lÂ&#x2021;Yj_cWi$ BW fk]dW Z[ WcXWi eh]Wd_pW# Y_ed[i o bei [d\h[djWc_[djei Z[ [i# jWi Yed bWi \k[hpWi Z[ i[]kh_ZWZ [d Dk[le B[Â&#x152;d fheleYWhed bW ck[hj[ [d (&'' Z[ ($&&& f[hiedWi$

Ä&#x201C;ĹŠ ĹŠ9.- ĹŠ"#+ĹŠ,Ă&#x152;+3(/+#ĹŠ 2#2(- 3.ĹŠ$4#ĹŠ !.1".- " ĹŠ/.1ĹŠ2.+" ".2ĹŠ8ĹŠ/.+(!~ 2Ä&#x201C;ĹŠ


Ä&#x2030;

Gk_dd_f_WY$ :[ WYk[hZe Yed bei ZWjei Z_\kd# Z_Zei Wo[h" jWdje [b [n]eX[hdWZeh Z[ CWiiWY^ki[jji Yece EXWcW Yk[djWd YWZW kde Yed [b *+ Z[ bei lejei [d [b [ijWZe Z[ <beh_# ZW" f[i[ W gk[ ^WY[ Wf[dWi Zei i[cWdWi Hecd[o Wl[djW`WXW Wb fh[i_Z[dj[ [ijWZekd_Z[di[ [d jh[i fkdjei fehY[djkWb[i" *, \h[dj[ *) $

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

.,-#8ĹŠ8ĹŠ , #23;-ĹŠ#,/ 3 ".2

Ĺ&#x2014;ĹŠĹŠĹŠ

Ä&#x201D;ĹŠ ĹŠĹŠÄ&#x203A;ĹŠĹŠ;b fh[YWdZ_ZWje

h[fkXb_YWde W bW Fh[i_Z[dY_W Z[ ;;$KK$ C_jj Hecd[o f[hZ_Â&#x152; bW b_][hW l[djW`W gk[ j[dÂ&#x2021;W [d _d# j[dY_Â&#x152;d Z[ leje [d <beh_ZW ieXh[ [b cWdZWjWh_e 8WhWYa EXWcW" gk_[d XkiYWh| bW h[[b[YY_Â&#x152;d [d bei Yec_Y_ei Z[ del_[cXh[" o W^ehW [ij|d [cfWjWZei" i[]Â&#x2018;d kdW [dYk[ijW Z[ bW Kd_l[hi_ZWZ

.,(#-9 ĹŠ 4"(#-!( ĹŠ !.-31 ĹŠ ~.2ĹŠ .-33ĹŠ

Ĺ&#x2014;ĹŠ ĹŠĹŠ Ä&#x201D;ĹŠ ĹŠÄ&#x203A;ĹŠKd jh_XkdWb Z[ =kWj[cWbW _d_Y_Â&#x152; Wo[h bW WkZ_[d# Y_W [d bW gk[ [b ][d[hWb h[j_hWZe @eiÂ&#x192; ;\hWÂ&#x2021;d HÂ&#x2021;ei Cedjj Z[X[ h[i# fedZ[h W bei YWh]ei Z[ ][deY_Z_e o Z[b_jei YedjhW bW ^kcWd_ZWZ$ ;b ][d[hWb" Z[ .+ WÂ&#x2039;ei" Z[`Â&#x152; Z[ ]epWh Z[ _dckd_ZWZ Wb Z[`Wh [b fk[ije Z[ Z_fkjWZe Z[b 9ed]h[ie$

)& *-)Ĺ&#x2039; Ĺ&#x2039;., -Ĺ&#x2039; #ð #)-Ĺ&#x2039; $Â&#x161;Ĺ&#x2039; &Ĺ&#x2039; ' ()-Ĺ&#x2039;ĂżĹ&#x2039;'/ ,.) +ĹŠ, -3#-(Äą ,(#-3.Ä&#x201D;ĹŠ+ ĹŠ! 42 Ä&#x201C;ĹŠ Ă&#x152;-ĹŠ' 8ĹŠ#2/#Äą 1 -9 ĹŠ"#ĹŠ' ++ 1ĹŠ 2. 1#5(5(#-3#2Ä&#x201C;ĹŠ

} ĹŠ ĹŠ Ä&#x201D;ĹŠ ĹŠÄ&#x203A; ;b YebWfie Z[

!& # "

*2%,(512 $8721202 '(6&(175$/,=$'2 '(/ &$1721 3$/$1'$ $ # "

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

%1 %#4!3.1)!-. . %#4!3.1)!-! 7 %23!1 %- '.#% $% +.2 $%1%#(.2 /A"+)#.2 %-%1 3>34+. $% !".'!$. ! !#1%$)3!$. 7 1%#.-.#)$. +%'!+,%-3% %- %+ /!>2 #1%$)3!1 (!"%1 %*%1#)$. #.- /1.")$!$ % )$.-%)$!$ -.3.1)!2 +! /1.&%2)@- /.1 4- /%1>.$. ,>-),. $% 31%2 !?.2

%1 ,!7.1 $% !?.2 7 %23!1 %- /+%-. %*%1#)#). $% +.2 $%1%#(.2 /1%5)23.2 /.1 +! .-23)34#)@- $% +! %/A"+)#! 7 +! %7 /!1! %+ $%2%,/%?. $% 4-! &4-#)@- /A"+)#! . %-#.-31!12% %- )-3%1$)##)@- #)5)+ -. 2%1 %+ $%4$.1 !+ 04% 2% 2)'! /1.#%2. $% #.-#412. $% !#1%%$.1%2 7 -. (!++!12% %- %23!$. $% )-2.+5%-#)! &1!4$4+%-3! $%#+!1!$! *4$)#)!+,%-3%

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

! 1%#%/#)@- $% $.#4,%-3.2 $%-31. $%+ #.-#412. $% %')231!$.1 $% +! 1./)%$!$ 7 %1#!-3)+ 2%1< 1%#%/3!$! %- +! .&)#)-! $% %#1%3!1)! $%+ .")%1-. 43@-.,. %2#%-31!+)8!$. $%+ !-3@- !+!-$! $%2$% %+ $>! +4-%2 $% %-%1. $%+ (!23! %+ $>! ,)=1#.+%2 $% &%"1%1. $%+ %- %+ (.1!1). $% ! 7 $% ! !2 . +.2 /.234+!-3%2 /1%2%-3!1<- !$%,<2 $% +! $.#4,%-3!#)@- 1%04%1)$! +. 2)'4)%-3%

jh[i [Z_Ă&#x2019;Y_ei [d [b Y[djhe ^_ijÂ&#x152;# h_Ye Z[ HĂ&#x17E;e Z[ @Wd[_he [dY_[dZ[ kdW l[p c|i bW WbWhcW ieXh[ bW Wdj_]kW o eXieb[jW _d\hW[ijhkY# jkhW Z[ bW Y_kZWZ" gk[ i[h| kdW Z[ bWi i[Z[i [d [b CkdZ_Wb#(&'* o h[Y_X_h| bei @k[]ei EbÂ&#x2021;cf_Yei [d (E'," Ye_dY_Z_[hed lWh_ei [nf[hjei$ BWi Wkjeh_ZWZ[i _d_Y_Whed kdW YWhh[hW YedjhW [b j_[cfe fWhW h[delWh Wb]kdWi |h[Wi o [ijhkYjkhWi fWhW [ijWi Yec# f[j_Y_ed[i" f[he bW Y_kZWZ [i h[]kbWhc[dj[ [iY[dWh_e Z[ jhW# ][Z_Wi" fh_dY_fWbc[dj[" feh bW \WbjW Z[ cWdj[d_c_[dje$ ;nfbei_ed[i Z[ WbYWdjWh_bbWi YWkiWZWi feh \k]Wi Z[ ]Wi o [b Z[iYWhh_bWc_[dje Z[ kd l[jkije jhWdlÂ&#x2021;W" Wkc[djWhed bW b_ijW Z[ WYY_Z[dj[i [d bei Â&#x2018;bj_cei i_[j[ c[i[i$ +ĹŠ, -3#-(,(#-3.

;b Z[hhkcX[ Z[ [ijWi jh[i [Z_# Ă&#x2019;YWY_ed[i" Y[hYW Z[b ^_ijÂ&#x152;h_Ye J[Wjhe Ckd_Y_fWb" cWjÂ&#x152; W + f[h# iedWi" ^_h_Â&#x152; W , o Z[`W c|i Z[ '& Z[iWfWh[Y_Zei$ J[ij_]ei ^WXbWhed Z[ kdW l_eb[djW [nfbei_Â&#x152;d Wdj[i Z[b Z[# hhkcX[" f[he [b WbYWbZ[ ;ZkWh# Ze FW[i i[ _dYb_dW c|i feh bW ^_fÂ&#x152;j[i_i Z[ kd fei_Xb[ Ă&#x2020;fhe# Xb[cW [ijhkYjkhWbĂ&#x2021; [d [Z_Ă&#x2019;Y_ei Yedijhk_Zei [d bW ZÂ&#x192;YWZW Z[ '/*&$ Kd fehjWlep Z[ bW Feb_YÂ&#x2021;W Z_`e gk[ i[ [ijWXWd ^WY_[dZe h[\ehcWi Ă&#x2020;_b[]Wb[iĂ&#x2021; Z[djhe Z[ bW [Z_Ă&#x2019;YWY_Â&#x152;d" feh be gk[ bWi _dl[i# j_]WY_ed[i [ij|d [d Ykhie$ Ă&#x2020;>Wo kd Z[i\Wi[ [djh[ bWi _dl[hi_ed[i [d _d\hW[ijhkYjkhW ^[Y^Wi [d HÂ&#x2021;e Z[ @Wd[_he o 8hW# i_b W[hefk[hjei" fk[hjei" [jY

.+)#)34$ &.1,!+ $% /.234+!#)@- #.- +! )-$)#!#)@- $%+ #!1'. +4'!1 7 %+ #!-3@- /!1! %+ 04% /.234+! ! (.*! $% 5)$! $% +! . %+ /.234+!-3% 7 .2 $.#4,%-3.2 04% !#1%$)3%- 3>34+.2 !#!$=,)#.2 %6/%1)%-#)! +!".1!+ 7 .31.2 ,=1)3.2 #.,. #412.2 2%,)-!1).2 ,!%231>!2 %2/%#)!+)8!#).-%2

+ . +! /.234+!-3% 2%?!+!1< 24 $.,)#)+). !2> #.,. +! $)1%##)@- $% #.11%. %+%#31@-)#. /!1! 1%#)")1 -.3)&)#!#).-%2

!+!-$! $% -%1. $%+

o bWi d[Y[i_ZWZ[i Z[b fWÂ&#x2021;i" gk[ ^Wd Wkc[djWZe `kdje Yed bW feXbWY_Â&#x152;dĂ&#x2021;" Z_`e I[h]_e CW]Wb# ^W[i" fh[i_Z[dj[ Z[b ?dij_jkje Z[ 7hgk_j[YjkhW Z[ HÂ&#x2021;e$ Ă&#x2020;:[ YWhW Wb CkdZ_Wb Z[ (&'* o bei @k[]ei EbÂ&#x2021;cf_Yei Z[ (&'," i[ ^Wd h[Wb_pWZe _dl[hi_ed[i" f[he WÂ&#x2018;d ied _dikĂ&#x2019;Y_[dj[i$ I[ Z[X[ Yedj_dkWh Ă&#x2019;dWdY_WdZe [b cWdj[d_c_[djeĂ&#x2021;" WÂ&#x2039;WZ_Â&#x152;$ 1(.2ĹŠ !!("#-3#2

:[iZ[ fh_dY_f_ei Z[ bei ,&" YkWdZe HÂ&#x2021;e f[hZ_Â&#x152; ik YedZ_# Y_Â&#x152;d Z[ YWf_jWb \[Z[hWb" gk[ \k[ jhWibWZWZW W 8hWi_b_W" bWi _dl[h# i_ed[i ied [iYWiWi [d bW jkhÂ&#x2021;ij_# YW Y_kZWZ XhWi_b[Â&#x2039;W" gk[ W^ehW [d\h[djW kd _cfehjWdj[ WjhWie [d jeZWi bWi _d\hW[ijhkYjkhWi$ 7o[h" WYj_l_ijWi Z[b cel_# c_[dje Ă&#x2020;Ck[hj[i feh ]Wi dkdYW c|iĂ&#x2021;" Yh[WZe feh bWi \Wc_b_Wi gk[ f[hZ_[hed W i[h[i gk[h_Zei feh \k]Wi Z[ [i[ YecXkij_Xb[" Z_ijh_XkÂ&#x2021;Wd fWdĂ&#x201C;[jei f_Z_[dZe Ă&#x2020;c[Z_ZWi kh][dj[iĂ&#x2021; ieXh[ [b i_ij[cW Z[ jkX[hÂ&#x2021;Wi ikXj[hh|# d[e gk[ [i Ă&#x2020;Z[cWi_WZe l_[`eĂ&#x2021;$ ;d `kd_e Z[ (&'&" kd jkh_ijW [ijWZekd_Z[di[ Z[ (. WÂ&#x2039;ei \k[ ]hWl[c[dj[ ^[h_Ze [d bW [nfbe# i_Â&#x152;d Z[ kdW WbYWdjWh_bbW [d [b XWhh_e Z[ 9efWYWXWdW$ :[iZ[ [djedY[i" [l[djei i_c_bWh[i i[ h[f_j_[hed" [b c|i h[Y_[dj[ [d [b WYeceZWZe XWhh_e Z[ ?fWd[cW" [d [b gk[ ckh_Â&#x152; kd jWn_ijW$

+ĹŠ"#114, #

Ă&#x2039;+3(, 2ĹŠ/ + 1 2ĹŠ"#ĹŠ ,.1 ĹŠÄĄ .+ ĹŠ ,.1ĢŊ$4#ĹŠ+.ĹŠĂ&#x152;-(!.ĹŠ04#ĹŠ +! -9¢Ŋ Ĺ&#x2014; ĹŠ"#!(1+#ĹŠ (.ĹŠ ĹŠ24ĹŠ-.5( ĹŠ 3( - ĹŠ#-ĹŠ

4- ĹŠ!.13 ĹŠ++ , " ĹŠ3#+#$¢-(! ĹŠ"#2"#ĹŠ+ 2ĹŠ 14(- 2ĹŠ"#ĹŠ4-.ĹŠ"#ĹŠ+.2ĹŠ31#2ĹŠ#"(Ä&#x192;!(.2ĹŠ04#ĹŠ2#ĹŠ "#2/+., 1.-ĹŠ#-ĹŠ+ ĹŠ!(4" "ĹŠ 1 2(+# Ŋ"#ĹŠ (.ĹŠ"#ĹŠ -#(1.Ä&#x201C; ĹŠÄĄ^+ĹŠ#23 ĹŠ#-ĹŠ#+ĹŠ#"(Ä&#x192;!(.ĹŠ8ĹŠ ĹŠ+ 2ĹŠÄ&#x160;ĹŠ"#ĹŠ Ĺ&#x2014;+ ĹŠ,  - ĹŠ++#%¢Ŋ ĹŠ' + 1ĹŠ!.-ĹŠ24ĹŠ-.5( ĹŠ

"# ).ĹŠ"#ĹŠ+.2ĹŠ#2!., 1.2Ä&#x201C;ĹŠ #ĹŠ"().ĹŠÄĽ'.+ ĹŠ ,.1ÄŚĹŠ8ĹŠ2#ĹŠ!.13¢Ŋ+ ĹŠ++ , " Ä&#x201C;ĹŠ 2ĹŠ4- ĹŠ #2/#1 -9 ĢÄ&#x201D;ĹŠ!.-3¢Ŋ 1 -!(2!.ĹŠ "(1Ä&#x201D;ĹŠ"#ĹŠÄ&#x17D;Ä&#x2018;ĹŠ  .2Ä&#x201D;ĹŠ/ "1#ĹŠ"#ĹŠ4-ĹŠ ,(%.ĹŠ"#ĹŠ (.Ä&#x201C; ĹŠ 3( - ĹŠ2#ĹŠ04#"¢Ŋ2(-ĹŠ/ + 1 2ĹŠ8Ä&#x201D;ĹŠ Ĺ&#x2014;++.1 -".Ä&#x201D;ĹŠ2#ĹŠ+ -9¢Ŋ ĹŠ+.2ĹŠ 1 9.2ĹŠ"#ĹŠ4- ĹŠ

!.,/ Â #1 Ä&#x201D;ĹŠ,(#-31 2ĹŠ!.-3(-Ă&#x152; ĹŠ+ ĹŠ+ 1% ĹŠ #2/#1 ĹŠ/.1ĹŠ-.3(!( 2ĹŠ"#ĹŠ+.2ĹŠ#04(/.2ĹŠ"#ĹŠ 1#2! 3#Ä&#x201D;ĹŠ04#ĹŠ8 ĹŠ' ++ 1.-ĹŠ!(-!.ĹŠ!4#1/.2Ä&#x201C; ĹŠ +ĹŠ,#-.2ĹŠ4- ĹŠ".!#- ĹŠ"#ĹŠ/#12.- 2ĹŠ Ĺ&#x2014;3." 5~ ĹŠ-.ĹŠ' -ĹŠ2(".ĹŠ' ++ " 2Ä&#x201C;ĹŠ

IWdjW J[h[iW" kdW Z[ bWi fh_d# Y_fWb[i WjhWYY_ed[i jkhÂ&#x2021;ij_YWi Z[ bW Y_kZWZ" YWkiÂ&#x152; kd WYY_Z[dj[ gk[ cWjÂ&#x152; W + f[hiedWi o Z[`Â&#x152; +- ^[h_Zei$ Ă&#x2020;;dYedjhWcei kdW fWij_# bbW Z[ \h[de h[c[dZWZW Yed kd f[ZWpe Z[ WbWcXh[ $$$ ;ie Z[ck[ijhW d[]b_][dY_W [d [b cWdj[d_c_[djeĂ&#x2021;" Z_`e [djedY[i Bk_p 9ei[dpW" h[ifediWXb[ Z[ bW 9ec_i_Â&#x152;d Z[ Fh[l[dY_Â&#x152;d Z[ :[iWijh[i 9H;7 $ OW [b (* Z[ `kd_e" kd jkh_ijW \hWdYÂ&#x192;i ^WXÂ&#x2021;W ck[hje Wb YW[h Z[ kde Z[ bei jhWdlÂ&#x2021;Wi [d [b WYk[# ZkYje Z[ BWfW" fWhj[ Z[b jhWo[Y# (%4#-ĹŠ+.2ĹŠ! 2.2 je o YkoW Z[\[diW Z[ WbWcXh[ :ei c[i[i Z[ifkÂ&#x192;i" bW \WbjW Z[ jWcX_Â&#x192;d Y[Z_Â&#x152;$ ;d eYjkXh[ fWiWZe" kdW \k]W cWdj[d_c_[dje Z[ bei YWhWYj[# hÂ&#x2021;ij_Yei jhWdlÂ&#x2021;Wi WcWh_bbei Z[ Z[ ]Wi cWjÂ&#x152; W jh[i f[hiedWi$

- ĹŠ31 %#"( ĹŠ -4-!( " ĹŠ Ĺ&#x2014;ĹŠĹŠ ĹŠ! 42 ĹŠ,;2ĹŠ/1. +#ĹŠ"#+ĹŠ#"(Ä&#x192;!(.Ä&#x201D;ĹŠ2#%Ă&#x152;-ĹŠ!.11. .1 1.-ĹŠ+.2ĹŠ ., #1.2Ä&#x201D;ĹŠ$4#ĹŠ 4-ĹŠ/1. +#, ĹŠ"#ĹŠ#23 (+(" "ĹŠ#-ĹŠ+ ĹŠ#2314!341 ĹŠ"#+ĹŠ#"(Ä&#x192;!(.ĹŠ"#ĹŠÄ&#x2030;Ä&#x2021;ĹŠ/+ -3 2Ä&#x201D;ĹŠ04#ĹŠ#1 ĹŠ

! $.#4,%-3!#)@- 2% /1%2%-3!1< %- .1)')-!+%2 . #./)!2 !43%-3)#!$!2 !-3% .3!1). A"+)#. $%")$!,%-3% .1'!-)8!$!2 7 &.+)!$!2 2%#4%-#)!+,%-3%

.2 -4,%1!+%2 $% +.2 1%04)2)3.2 /!1! +! /.234+!#)@- 2% +.2 1%!+)8!1< ,%$)!-3% $%#+!1!#)@- *41!,%-3!$!

Ä&#x201C;ĹŠ .2ĹŠ2.!.11(23 2ĹŠ1#2! 3 -ĹŠ#+ĹŠ!4#1/.ĹŠ"#ĹŠ4- ĹŠ"#ĹŠ+ 2ĹŠ5~!3(, 2ĹŠ,.13 +#2ĹŠ "#+ĹŠ"#114, #Ä&#x201C;ĹŠ

Ä&#x201C;ĹŠ -ĹŠ"#23 ! ,#-3.ĹŠ"#ĹŠ !#1! ĹŠ"#ĹŠÄ?Ä&#x2021;ĹŠ ., #1.2Ä&#x201D;ĹŠ31 ) ĹŠ 8#1ĹŠ #-ĹŠ+ ĹŠ9.- ĹŠ"#+ĹŠ2(-(#231.ĹŠ#-ĹŠ+ ĹŠ Ă&#x152;204#Äą " ĹŠ"#ĹŠ+ 2ĹŠ5~!3(, 2ĹŠ8ĹŠ#-ĹŠ+ ĹŠ1#3(1 " ĹŠ"#ĹŠ + 2ĹŠ3.-#+ " 2ĹŠ"#ĹŠ#2!., 1.2Ä&#x201C;ĹŠ

-3(%4.Ä&#x201D;ĹŠ!.-2314(".ĹŠ' !#ĹŠ4-.2ĹŠÄ?Ä&#x2021;ĹŠ  .2Ä&#x201D;ĹŠ2#%Ă&#x152;-ĹŠ#+ĹŠ'(23.1( ".1ĹŠ (+3.-ĹŠ #(7#(1 Ä&#x201C; .2ĹŠ/+ -3 2ĹŠ"#ĹŠ#2#ĹŠ#"(Ä&#x192;!(.ĹŠ#23 -ĹŠ#-ĹŠ. 1 2Ä&#x201D;ĹŠ04#ĹŠ! 1#!~ -ĹŠ"#ĹŠ/#1,(2.ĹŠ .Ä&#x192;!( +Ä&#x201D;ĹŠ2#%Ă&#x152;-ĹŠ"()#1.-ĹŠ+ 2ĹŠ 43.1(" "#2ĹŠ+.! +#2Ä&#x201D;ĹŠ04#ĹŠ2.2/#!' -ĹŠ04#ĹŠ#23#ĹŠ'#!'.ĹŠ /."1~ ĹŠ' #1ĹŠ $#!3 ".ĹŠ ĹŠ+ ĹŠ#2314!341 Ä&#x201C; ÄĄ 2ĹŠ4- ĹŠ31 %#"( ĹŠ -4-!( " Ä&#x201D;ĹŠ#1 ĹŠ"#ĹŠ#2/#1 1ĢÄ&#x201D;ĹŠ"().ĹŠ4-ĹŠ31 ) ".1ĹŠ"#+ĹŠ#"(Ä&#x192;!(.Ä&#x201D;ĹŠ ~!3.1ĹŠ #11#(1 Ä&#x201D;ĹŠĹŠ04(#-ĹŠ1#5#+¢Ŋ04#ĹŠ#1 ĹŠÄĄ$1#!4#-3#ĢŊ#2!4!' 1ĹŠ#+ĹŠ14(".ĹŠ04#ĹŠ' !#ĹŠ#+ĹŠ 8#2.ĹŠ"#+ĹŠ1#5#23(,(#-3.ĹŠ +ĹŠ"#2/1#-"#12#ĹŠ"#ĹŠ+ ĹŠ$ !' " Ä&#x201C;


& (. Ĺ&#x2039; Ĺ&#x2039; /' ., Ĺ&#x2039; Ĺ&#x2039; Ä&#x2019;/(Ĺ&#x2039;* -)Ä&#x201C;Ĺ&#x2039; Ĺ&#x2039;& Ĺ&#x2039; 2.#( #Â&#x161;(

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

Ä&#x160;

Ä&#x201D;ĹŠ Â&#x161; ;b [b[\Wdj[ Z[

W kdW Yh[Y_[dj[ b_ijW Z[ [if[Y_[i [d ?dZed[i_W gk[ [ij|d [d f[b_# ]he Z[ [nj_dY_Â&#x152;d" Yece [b ehWd# ]kj|d Z[ IkcWjhW" [b Z[ @WlW o bei h_deY[hedj[i o [b j_]h[ Z[ IkcWjhWĂ&#x2021;" Z_`e 9Whbei :h[mi" Z_h[Yjeh Z[b fhe]hWcW =beXWb Z[ ;if[Y_[i Z[ MM<$ Ă&#x2020;7 c[dei gk[ i[ WZefj[d c[Z_ZWi Z[ Yedi[hlWY_Â&#x152;d" i[ jec[d Z[ \ehcW kh][dj[ o [\[Y# j_lW" [ijei cW]dÂ&#x2021;Ă&#x2019;Yei Wd_cWb[i Z[iWfWh[Y[h|d Z[ bW J_[hhWĂ&#x2021;" Wi[l[hÂ&#x152; :h[mi$ BW Kd_Â&#x152;d ?dj[hdWY_edWb fWhW bW 9edi[hlWY_Â&#x152;d Z[ bW DW# jkhWb[pW K?9D ^W YbWi_Ă&#x2019;YWZe Wb [b[\Wdj[ _dZed[i_e Ă&#x2C6;[d f[b_# ]he YhÂ&#x2021;j_Ye Z[ [nj_dY_Â&#x152;dĂ&#x2030; Z[djhe Z[ bW B_ijW He`W Z[ ;if[Y_[i .-ĹŠ5 1(.2 Ă&#x2020;;b [b[\Wdj[ Z[ IkcWjhW i[ kd[ 7c[dWpWZWi$ IkcWjhW Yehh[ [b f[b_]he Z[ [n# j_d]k_hi[ [d bei fhÂ&#x152;n_cei )& WÂ&#x2039;ei" Wb ^WX[h fWiWZe Z[ Ă&#x2C6;Wc[# dWpWZeĂ&#x2030; W Ă&#x2C6;]hWl[c[dj[ Wc[dW# pWZeĂ&#x2030; Z[X_Ze W bW Z[\eh[ijWY_Â&#x152;d" Z[dkdY_Â&#x152; [b <edZe CkdZ_Wb fWhW bW DWjkhWb[pW MM< $ ;d kd Yeckd_YWZe" MM< WZl_hj_Â&#x152; Z[ gk[ iebe gk[ZWd [d ?dZed[i_W [djh[ ($*&& o ($.&& [`[cfbWh[i Z[b [b[\Wdj[ Z[ Ik# cWjhW ;b[f^Wi cWn_cki ik# cWjhWdki [d [ijWZe iWblW`[" bW c_jWZ Z[ bei gk[ ^WXÂ&#x2021;W [d '/.+" jhWi f[hZ[h [b -& Z[ ik ^|X_jWj [d bWi Â&#x2018;bj_cWi Zei ZÂ&#x192;YWZWi$

ÂĄ Ä&#x201C;ĹŠ 2ĹŠ$4-" 2ĹŠ/+;23(! 2ĹŠ/4#"#-ĹŠ! 42 1ĹŠ 2Ä&#x192;7( ĹŠ#-ĹŠ+ 2ĹŠ#2/#!(#2ĹŠ"#ĹŠ+ ĹŠ$ 4- Ä&#x201C;

Ĺ&#x2039; -/, Ĺ&#x2039; . Ĺ&#x2039; Ĺ&#x2039;Ĺ&#x2039; &)-Ĺ&#x2039; (#' & -Ĺ&#x2039;' ,#()-

ĹŠ,#).1ĹŠ, -#1 ĹŠ"#ĹŠ 84" 1+.2ĹŠ#2ĹŠ"(2Äą ,(-4(1ĹŠ +ĹŠ,;7(,.ĹŠ+ ĹŠ%#-#1 !(¢-ĹŠ"#ĹŠ"#Äą 2#!'.2Ä&#x201C;

84"#

+%4-.2ĹŠ/ 2.2 ĹŠ .ĹŠ/(" ĹŠ$4-" 2ĹŠ/+;23(! 2ĹŠ/ 1 ĹŠ242ĹŠ!.,Äą Ĺ&#x2014;/1 2ĹŠ8ĹŠ1#!';!#+ 2ĹŠ!4 -".ĹŠ2#ĹŠ+ 2ĹŠ.$1#!#-Ä&#x201C;

ÂľIWXÂ&#x2021;W gk[ c_b[i Z[ Wd_cWb[i gk[ iWhhebbWd kd fheo[Yje [d [b 9bkX Z[f[dZ[d Z[b cWh ck[h[d feh Z[ ;ZkYWY_Â&#x152;d 7cX_[djWb e Ă&#x2C6;;Ye ĹŠ #43(+(!#ĹŠ#-5 2#2ĹŠ/+;23(!.2ĹŠ/ 1 ĹŠ3., 1ĹŠ Ĺ&#x2014; %4 Ä&#x201C; _d][h_h e [dh[ZWhi[ Yed bW XWik# 9bkXĂ&#x2030; Yed bei d_Â&#x2039;ei Z[ Fk[hje BÂ&#x152;# hW5 Fk[i WiÂ&#x2021; [i$ BW <kdZWY_Â&#x152;d f[p CWdWXÂ&#x2021; $ ĹŠ .ĹŠ!.,/1#ĹŠ .3#++ 2ĹŠ/#04# 2Ä&#x201D;ĹŠ,#).1ĹŠ Ĺ&#x2014;4- ĹŠ2.+ ĹŠ%1 -"#Ä&#x201C; ;gk_b_Xh_e 7pkb W\_hcW gk[ [b .& Z[ bei Z[i[Y^ei gk[ lWd Wb .ĹŠ04#ĹŠ+#2ĹŠ#-2# Ŋ .ĹŠ42#ĹŠ5 2.2Ä&#x201D;ĹŠ/+ 3.2ĹŠ.ĹŠ!4 (#13.2ĹŠ Ĺ&#x2014;"#2#!' cWh ied fheZkY_Zei feh gk_[d[i BW Z_ic_dkY_Â&#x152;d Z[ Z[i[Y^ei [i +#2Ä&#x201C; ^WX_jWd [d bW ikf[hĂ&#x2019;Y_[ kdW Z[ bWi YbWl[i fWhW Wok# ĹŠ #/ 1#ĹŠ+ ĹŠ 241 ĹŠ.1%;-(! ĹŠ"#+ĹŠ5("1(.Ä&#x201D;ĹŠ Ĺ&#x2014;/+;23(!.ĹŠ8ĹŠ,#3 +ĹŠ#-ĹŠ"($#1#-3#2ĹŠ1#!(/(#-3#2Ä&#x201C; j[hh[ijh[$ ZWh W gk[ bWi [if[Y_[i Z[b ĹŠ Ă&#x2020;;b j[cW Z[ bei Z[i# cWh de i[ l[Wd W\[YjWZWi$ ĹŠ #!.) ĹŠ+ ĹŠ 241 ĹŠ04#ĹŠ#-!4#-31#ĹŠ!4 -".ĹŠ ;i WiÂ&#x2021; gk[ feh c[Z_e Z[ f[hZ_Y_ei [i cko ]hWl[ Ĺ&#x2014;5 8 ĹŠ +ĹŠ! ,/.ĹŠ.ĹŠ+ ĹŠ/+ 8 Ä&#x201C; .-ĹŠ#+ĹŠ 104#ĹŠ `k[]ei" jWbb[h[i" cWdkWb_# [d [b YWie Z[ bWi jehjk]Wi !(.- +ĹŠ ĹŠ .ĹŠ 11.)#ĹŠ"#2/#1"(!(.2ĹŠ#-ĹŠ+ ĹŠ! ++#Ä&#x201C;ĹŠ .".ĹŠ o Z[ ckY^ei ejhei eh]W# !' +(++ ĹŠ1# +(Äą ZWZ[i o c|i WYj_l_ZWZ[i" Ĺ&#x2014;3#1,(- ĹŠ#-ĹŠ+.2ĹŠ1~.2ĹŠ8ĹŠ#-ĹŠ#+ĹŠ, 1Ä&#x201C; b[i Xh_dZWd Yedi[`ei$ d_icei$ Kd fb|ij_Ye [d 9 -ĹŠ+ ĹŠ!.+.! !(¢-ĹŠ "#ĹŠ) 1"(-#1 2ĹŠ [b W]kW fk[Z[ \|Y_bc[dj[ / 1 ĹŠ 84" 1ĹŠ +ĹŠ Ă&#x2020;;i cko _cfehjWdj[ ĹŠ .2ĹŠ3(++.2Ä&#x201D;ĹŠ!.+(++ 2Ä&#x201D;ĹŠ2.1 #3#2ĹŠ8ĹŠ/ +.2ĹŠ!.-3 Äą Ĺ&#x2014;,(- -ĹŠ,4!'.ĹŠ+ 2ĹŠ/+ 8 2Ä&#x201C; ,#"(. , (#-3#Ä&#x201C; h[Y_YbWh fehgk[ Z[ [ij[ Yed\kdZ_hi[ Yed c[ZkiWi k ejhei Wb_c[djei o feh be ceZe i[ efj_c_pWd bei ĹŠ 4 1"#ĹŠ24ĹŠ 241 ĹŠ#-ĹŠ4-ĹŠ .+2(++.ĹŠ' 23 ĹŠ Ĺ&#x2014;04#ĹŠ#-!4#-31#ĹŠ4-ĹŠ jWdje ck[h[dĂ&#x2021;" [nfb_YW 9h_ij_dW h[Ykhiei" i[ ][d[hW c[dei XWik# 241#1.Ä&#x201C; C_hWdZW" [dYWh]WZW Z[ [ZkYW# hW o" WZ[c|i" i[ h[ZkY[ bei _c# Y_Â&#x152;d WcX_[djWb Z[ bW <kdZWY_Â&#x152;d$ fWYjei Z[ Z[\eh[ijWY_Â&#x152;d o YedjW# 9ed [b eX`[j_le Z[ YedY_[dY_Wh c_dWY_Â&#x152;d gk[ ied YWkiWZei Yed Yh[WZWiĂ&#x2021;" h[Yec_[dZW C_hWdZW$ BW b_cf_[pW Z[ bW fbWoWi [i W bWi f[hiedWi ieXh[ [b f[b_]he Z[ [b Ă&#x2019;d Z[ Yh[Wh dk[lei cWj[h_Wb[i bW ][d[hWY_Â&#x152;d Z[ XWikhW" bei le# o dk[lWi YeiWi1 [i c[`eh h[kj_# ejhe \WYjeh fWhW [l_jWh gk[ bei bkdjWh_ei Z[ ;gk_b_Xh_e 7pkb Z[# b_pWh bWi YeiWi gk[ oW ^Wd i_Ze Z[i[Y^ei Yece bWjWi" Xej[bbWi" lWiei" iehX[j[i o c|i bb[]k[d Wb eYÂ&#x192;Wde$ :[iZ[ f[Y[i ^WijW Wl[i i[ l[d W\[YjWZei feh bW _djhec_# i_Â&#x152;d Z[ [ijei [b[c[djei [njhWÂ&#x2039;ei W ik ^|X_jWj$ Ă&#x2020;;b eX`[j_le Z[b ĹŠ fheo[Yje [i _dY[d# j_lWh W bei d_Â&#x2039;ei W YedY_[dY_Wh Z[ be #2"#ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2021;Ä&#x2018;ĹŠ2#ĹŠ "#2 11.++ ĹŠ#+ĹŠ/1.Äą gk[ ^WY[d YWZW %1 , ĹŠ"#ĹŠ#"4! Äą (#-3 +ĹŠ ZÂ&#x2021;W$ I_d _cfehjWh !(¢-ĹŠ , #-ĹŠ 4#13.ĹŠ ¢/#9Ä&#x201C; W gkÂ&#x192; WYj_l_ZWZ i[ Z[Z_gk[d W \kjkhe [d iki l_ZWi" be _cfehjWdj[ [i gk[ be ^W]Wd Z[ kdW \ehcW h[ifediW# Xb[ o ieij[d_Xb[Ă&#x2021;" WYejW bW [nf[hjW [d [ZkYWY_Â&#x152;d WcX_[djWb$ ÂĄ Ä&#x201C;ĹŠ .2ĹŠ-( .2ĹŠ"#ĹŠ 4#13.ĹŠ ¢/#9ĹŠ2#ĹŠ#23;-ĹŠ!.-!(#-!( -".ĹŠ/ 1 ĹŠ!4(" 1ĹŠ+ ĹŠ - 341 +#9 Ä&#x201C;

Ä&#x201C;ĹŠ ĹŠ! /341 ĹŠ(-"(2!1(,(- " ĹŠ"#ĹŠ#23#ĹŠ/ 04("#1,.ĹŠ+.ĹŠ!.-5(#13#ĹŠ#-ĹŠ4- ĹŠ #2/#!(#ĹŠÄĽ%1 5#,#-3#ĹŠ ,#- 9 " ÄŚÄ&#x201C;

5,.# )Ĺ&#x2039;./0)Ĺ&#x2039;& -Ĺ&#x2039; . '* , ./, -Ĺ&#x2039; '6-Ĺ&#x2039; &. ĹŠ Ä&#x201D;ĹŠ Â&#x161; BWi h[#

]_ed[i Z[b Ă&#x203A;hj_Ye h[]_ijhWhed [b WÂ&#x2039;e fWiWZe bWi j[cf[hWjk# hWi c|i WbjWi Z[ bei Â&#x2018;bj_cei +& WÂ&#x2039;ei" _d\ehcÂ&#x152; 7b[nWdZh :WdÂ&#x2021;bel" Z_h[Yjeh Y_[djÂ&#x2021;Ă&#x2019;Ye Z[b ?dij_jkje Z[ ?dl[ij_]WY_ed[i Z[b Ă&#x203A;hj_Ye o bW 7dj|hj_ZW hkie$ Ă&#x2020;;b (&'' \k[ [b c|i Y|b_Ze [d [b Ă&#x203A;hj_Ye Z[ bei Â&#x2018;bj_cei +& WÂ&#x2039;ei" Yed ) W * ]hWZei Y[djÂ&#x2021;# ]hWZei feh [dY_cW Z[ bW c[Z_W WdkWb Z[ j[cf[hWjkhWi$ ;n_i# j[d oW Yedi[Yk[dY_Wi l_i_Xb[i Z[ [iei YWcX_eiĂ&#x2021;" bWc[djÂ&#x152; [b Y_[djÂ&#x2021;Ă&#x2019;Ye$

Ä&#x201C;ĹŠ 2ĹŠ5 1( !(.-#2ĹŠ#-ĹŠ#+ĹŠ!+(, ĹŠ 2.-ĹŠ,;2ĹŠ-.3.1( 2ĹŠ#-ĹŠ#+ĹŠ(,/ !3.ĹŠ2. 1#ĹŠ + ĹŠ!. #1341 ĹŠ"#ĹŠ+.2ĹŠ%+ !( 1#2Ä&#x201C;

Z[ bWi 9_[dY_Wi Z[ Hki_W$ Ă&#x2020;I[ jhWjW Z[ kd X_[d fWhW bW ^kcWd_ZWZ" oW gk[ Z[ [ijW \ehcW i[ YedjhebW [b d_l[b Z[b Yh[Y_c_[dje Z[ bei eYÂ&#x192;WdeiĂ&#x2021;" ;2ĹŠ'(#+. Feh [b YedjhWh_e o W f[iWh Z[b ikXhWoÂ&#x152; [b _dl[ij_]WZeh$ YWb[djWc_[dje ]beXWb gk[ [d ef_d_Â&#x152;d Z[ ckY^ei [nf[hjei [nf[h_c[djW [b fbWd[jW" [d bW (/ĹŠ#!.+¢%(!. 7dj|hj_ZW [b lebkc[d Z[ ^_[be ^W Wkc[djWZe [d (&'' ^WijW 5(3#ĹŠ#+ĹŠ42.ĹŠ"#ĹŠ .3#++ 2ĹŠ/+;23(! 2ĹŠ8ĹŠ2(ĹŠ Y_\hWi hÂ&#x192;YehZ" i[]Â&#x2018;d LbWZÂ&#x2021;c_h + 2ĹŠ43(+(!#ĹŠ"# #ĹŠ1#!(!+ 1+ 2Ä&#x201C; Aejb_Wael" Z_h[Yjeh Z[b ?dij_jk# je Z[ =[e]hW\Â&#x2021;W Z[ bW 7YWZ[c_W


Ä Ä&#x20AC;

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

(- -!(#ĹŠ242ĹŠ5 ! !(.-#2

2ĹŠ#-3(" "#2ĹŠ -! 1( 2ĹŠ8ĹŠ %#-!( 2ĹŠ"#ĹŠ 5( )#2ĹŠ!4#-3 -ĹŠ!.-ĹŠ +3#1- 3(5 2ĹŠ/ 1 ĹŠ 04#ĹŠ/4#" ĹŠ! /(3 +(9 1ĹŠ242ĹŠ5( )#2Ä&#x201C; ;d [b cec[dje Z[ f[diWh [d h[Wb_pWh kd l_W`[" bW cWoeh fh[# eYkfWY_Â&#x152;d [i Yedi[]k_h [b Z_d[he ikĂ&#x2019;Y_[dj[ fWhW ^WY[hbe$ ;i feh [ijW hWpÂ&#x152;d gk[ [n_ij[d Wb]kdWi efY_ed[i fWhW gk[ fk[ZW fW]Wh iki lWYWY_ed[i i_d gk[ [b [ijhÂ&#x192;i b[ Wjehc[dj[ o b[ fhelegk[ Zebe# h[i Z[ YWX[pW$

ZWZ gk[ jWcX_Â&#x192;d e\h[Y[ YhÂ&#x192;Z_jei fWhW Wgk[bbWi f[hiedWi gk[ Z[# i[Wd l_W`Wh o gk[ de iWX[d YÂ&#x152;ce Yedi[]k_h [b Z_d[he fWhW ^WY[hbe$ 7b[`WdZhe 9|Y[h[i" ][h[dj[ Yec[hY_Wb Z[ bW ikYkhiWb Gk_je" cWd_\_[ijW gk[ [b XWdYe ejeh]W fhÂ&#x192;ijWcei Z[iZ[ bei '$&&& ^WijW bei (& c_b ZÂ&#x152;bWh[i" bei gk[ fk[Z[d i[h Ă&#x2019;dWdY_WZei ^WijW ), c[i[i$ 7Z[c|i" 9|Y[h[i [nfb_YW gk[ ĹŠÄ&#x160;Ä?ĹŠ,#2#2 Bei XWdYei e\h[Y[d efY_ed[i gk[ bk[]e Z[ [djh[]Wh jeZW bW ZeYk# WokZWd W iki Yb_[dj[i W iebl[djWh c[djWY_Â&#x152;d h[gk[h_ZW o ^WY[h bW iki l_W`[i Z[ \ehcW cko [lWbkWY_Â&#x152;d Yehh[ifed# \|Y_b o YÂ&#x152;ceZW$ Z_[dj[ Z[b ieb_Y_jWdj[" [b ĹŠ ;ij[ [i [b YWie Z[ bW Z_d[he [i [djh[]WZe Z[ kd Yeef[hWj_lW 9eefhe]h[ie ZÂ&#x2021;W fWhW [b ejhe$ Ă&#x2020;9WZW l[p ^Wo c|i gk[" Z[djhe Z[ bei YhÂ&#x192;Z_jei !_104#2#ĹŠ ĹŠ+ 2ĹŠ %#-!( 2ĹŠ"#ĹŠ5( Äą Z[ Yedikce" Xh_dZW fhÂ&#x192;i# )#2Ä&#x201D;ĹŠ -!.2ĹŠ8ĹŠ3 1Äą Yb_[dj[i gk[ h[gk_[h[d jWcei Z[iZ[ bei '$&&& )#3 2ĹŠ"#ĹŠ!1_"(3.ĹŠ / 1 ĹŠ!.-.!#1ĹŠ+ 2ĹŠ YhÂ&#x192;Z_jei fWhW feZ[h _hi[ Z[ l_W`[" be YkWb WÂ&#x2039;ei Wjh|i ^WijW bei '& c_b ZÂ&#x152;bWh[i ./!(.-#2ĹŠ04#ĹŠ " -ĹŠ/ 1 ĹŠ$(- -Äą de [hW jWd YecÂ&#x2018;dĂ&#x2021;" WĂ&#x2019;hcW i_d ]WhWdj[ fWhW Yb_[dj[i !( 1ĹŠ242ĹŠ5( )#2Ä&#x201C; [b ][h[dj[ Yec[hY_Wb$ jh_f[ 7 e ZeXb[ 7 i_d ce# hWi " o Z[iZ[ bei .&& ^WijW bei . c_b ZÂ&#x152;bWh[i fWhW Yb_[dj[i 7" .-.2 bei YkWb[i fk[Z[d i[h fW]WZei 7b]kdWi W][dY_Wi Z[ l_W`[i jWc# [d kd fbWpe Z[ ), c[i[i" Yed kdW X_Â&#x192;d Xh_dZWd \WY_b_ZWZ[i Z[ fW]e jWiW Z[ _dj[hÂ&#x192;i Z[b '+"'+ $ W iki kikWh_ei$ FWc[bW ;hWpe" eĂ&#x2019;Y_Wb Z[ YhÂ&#x192;# <Wddo 9kijeZ[" fh[i_Z[djW Z_je Z[ Yedikce Z[ Z_Y^W [dj_# Z[ bW W][dY_W =hWdZ[i L_W`[i" ZWZ Ă&#x2019;dWdY_[hW" i[Â&#x2039;WbW gk[ bk[# Yk[djW gk[ bWi f[hiedWi fk[Z[d ]e Z[ gk[ [b Yb_[dj[ YkcfbW Yed h[Wb_pWh iki fW]ei Yed YkWbgk_[h jeZei bei h[gk[h_c_[djei ieb_Y_# jWh`[jW Z[ YhÂ&#x192;Z_je o feh c[Z_e Z[ jWZei o ^WoW i_Ze fh[YWb_Ă&#x2019;YWZe" jhWdi\[h[dY_Wi XWdYWh_Wi Z[iZ[ h[Y_X[ ik Z_d[he Z[djhe Z[ jh[i W \k[hW o Z[djhe Z[b fWÂ&#x2021;i e jWcX_Â&#x192;d W jhWlÂ&#x192;i Z[ WXedei$ Y_dYe ZÂ&#x2021;Wi bWXehWXb[i$ Ă&#x2020;Bei WXedei fk[Z[d i[h h[W# 8WdYe Z[ CWY^WbW [i ejhW [dj_#

: Ä&#x201C;ĹŠ % 1ĹŠ+.2ĹŠ5( )#2ĹŠ!.-ĹŠ3 1)#3 2ĹŠ"#ĹŠ!1_"(3.ĹŠ#2ĹŠ+.ĹŠ/1#$#1(".ĹŠ/.1ĹŠ+.2ĹŠ341(23 2Ä&#x201C;

b_pWZei Z[ bW \ehcW [d bW gk[ [b Yb_[dj[ i[ WYeceZ[" i_[cfh[ o YkWdZe [b Yeije jejWb i[W YWdY[bW# Ze ^WijW Zei c[i[i Wdj[i Z[b l_W# `[Ă&#x2021;" WĂ&#x2019;hcW 9kijeZ[$ 7i_c_ice" bW W][dY_W Z[ l_W`[i =WbWiWc ?dj[hdWY_edWb e\h[Y[ YÂ&#x152;# ceZWi \ehcWi Z[ fW]e$ Ă&#x2020;KdW Z[ bWi \WY_b_ZWZ[i gk[ ZW# cei [i [b ^[Y^e Z[ gk[ [b Yb_[dj[ fk[Z[ fW]Wh i[]Â&#x2018;d i[ WYeceZ[ [d XWi[ W iki _d]h[iei" Yed WXedei gk[ Z[X[d i[h Yecfb[jWZei ^WijW kdW i[cWdW Wdj[i Z[ l_W`WhĂ&#x2021;" [n# fb_YW FWc[bW 9WXh[hW" ef[hWZehW

Z[ l_W`[i$ JWcX_Â&#x192;d Z_Y[ gk[ i_ [b fW]e [i [d [\[Yj_le" h[Y_X[ kd Z[iYk[dje gk[ lW [djh[ [b + o [b '& $ C_[djhWi gk[ L[hÂ&#x152;d_YW 9W# Â&#x2039;Wi" Z[ =WbWiWc" i[Â&#x2039;WbW gk[ kdW l[djW`W [i gk[ [b Yb_[dj[ fk[Z[ fW]Wh Yed jWh`[jWi Z[ YhÂ&#x192;Z_je" i_d bW d[Y[i_ZWZ Z[ fh[i[djWhi[$ Ă&#x2020;Iebe j_[d[ gk[ bb[dWh kd \ehck# bWh_e o Wkjeh_pWh gk[ i[ h[Wb_Y[ bW jhWdiWYY_Â&#x152;dĂ&#x2021;$ 7]h[]W gk[ ejhW \WY_b_ZWZ [i gk[ i[ fk[Z[ fW]Wh [dl_WdZe [b Z_d[he W jhWlÂ&#x192;i Z[ M[ij[hd Kd_ed e Ced[o =hWc$ ÄĽ (-#1.ĹŠ"#ĹŠ/+;23(!.ÄŚ

BWi jWh`[jWi Z[ YhÂ&#x192;Z_je ied kdW Xk[dW Wbj[hdWj_lW oW gk[ ck# Y^Wi Z[ [ijWi e\h[Y[d fW]ei Z_# \[h_Zei" bei gk[ h[ikbjWd c|i \|Y_b[i Z[ YWdY[bWh$ L_iW o CWij[hYWhZ Z[ 8WdYe Z[b 7kijhe" feh [`[cfbe" f[hc_# j[d YecfhWh iki fWiW`[i W YkWb# gk_[h Z[ij_de Z[b ckdZe o [d YkWbgk_[h Â&#x192;feYW Z[b WÂ&#x2039;e" W jh[i o

i[_i c[i[i i_d _dj[h[i[i$ Feh ik bWZe bW jWh`[jW :_d[hi 9bkX YedY[Z[ W iki Yb_[dj[i fbW# pei Z[ ^WijW '( c[i[i o jh[i c[# i[i i_d _dj[h[i[i" Z[f[dZ_[dZe Z[ bW WY[fjWY_Â&#x152;d Z[ bWi YecfW# Â&#x2039;Â&#x2021;Wi Z[ Wl_WY_Â&#x152;d$ ?]kWbc[dj[" bW jWh`[jW FWY_Ă&#x2019;# 9WhZ Z_Ă&#x2019;[h[ W jh[i o i[_i c[i[i i_d _dj[h[i[i c|i kde Z[ ]hWY_W Yed bWi YecfWÂ&#x2039;Â&#x2021;Wi JWc[" BWd" 9edj_d[djWb 7_hb_d[i" :[bjW" BWYiW" 7l_WdYW" JWYW o 7[he]Wb o W jh[i c[i[i i_d _dj[h[i[i c|i kde Z[ ]hWY_W Yed 9efW" IW[h[e" ?X[h_W" 7b_jWb_W" ABC o 7c[h_# YWd 7_hb_d[i$ 9[b_dW :Â&#x2021;Wp" Z[ )' WÂ&#x2039;ei" gk_[d YWZW WÂ&#x2039;e iWb[ Z[b fWÂ&#x2021;i" cWd_Ă&#x2019;[i# jW gk[ fWhW [bbW be _Z[Wb [i fW]Wh Yed jWh`[jW Z[ YhÂ&#x192;Z_je" W i[_i c[# i[i i_d _dj[h[i[i$ Ă&#x2020;;i ckY^e c|i YÂ&#x152;ceZe feh# gk[ j[ Z[X_jWd Z[ bW Yk[djW" fW]Wi \|Y_bc[dj[ o [b [\[Yj_le j[ i_hl[ fWhW ]WijWh [d [b bk]Wh Wb gk[ lW# oWi Z[ l_W`[Ă&#x2021;" WĂ&#x2019;hcW :Â&#x2021;Wp$


ÄĽ Ă&#x152; 2#ĹŠ ĹŠ .1".ÄŚĹŠ"#2"#ĹŠ24ĹŠ !.,/43 ".1

.-ĹŠ4-ĹŠ2.+.ĹŠ!+(!*Ä&#x201D;ĹŠ + 2ĹŠ/#12.- 2ĹŠ/4#Äą "#-ĹŠ/+ -(Ä&#x192;! 1ĹŠ24ĹŠ 5( )#ĹŠ2(-ĹŠ2 +(1ĹŠ"#ĹŠ 24ĹŠ.Ä&#x192;!(- Ä&#x201C;

;d bW WYjkWb_ZWZ" [b kie Z[ bWi f|]_dWi m[X i[ ^W lk[bje _d# Z_if[diWXb[$ ;i feh [ie gk[ bWi W[hebÂ&#x2021;d[Wi o W][dY_Wi Z[ l_W`[i l_hjkWb[i" Xh_dZWd o fheceY_e# dWd iki i[hl_Y_ei W jhWlÂ&#x192;i Z[ [ijWi$ BW W[hebÂ&#x2021;d[W BWd" feh [`[c# fbe" Yk[djW Yed kdW f|]_dW XWijWdj[ Yecfb[jW" [d bW gk[ bei fWiW`[hei fk[Z[d Yej_pWh" h[i[hlWh" YecfhWh o Y^[gk[Wh ik l_W`[ Z[iZ[ ik YecfkjWZeh" i_d bW d[Y[i_ZWZ Z[ WYkZ_h \Â&#x2021;i_# YWc[dj[ W kd fkdje Z[ l[djW$ Ă&#x2020;BW _dj[h\Wp Z[ bW f|]_dW [i Wc_]WXb[ o f[hc_j[ Wb Yb_[d# j[ h[Wb_pWh" de iebe YedikbjWi" i_de jWcX_Â&#x192;d YecfhWi [d bÂ&#x2021;d[W$ 7Z[c|i i_hl[ Yece kd c[Z_e Z[ _d\ehcWY_Â&#x152;d Yed dej_Y_Wi h[b[lWdj[i fWhW dk[ijhei fWiW# `[heiĂ&#x2021;" [nfb_YW 8[d`WcÂ&#x2021;d Ceh[# de 9hejje" ][h[dj[ Yec[hY_Wb Z[ BWd ;YkWZeh$ :[ _]kWb cWd[hW" [b =[h[dj[ W]h[]W gk[ ejhe Z[ bei i[hl_Y_ei gk[ [djh[]W bW f|]_dW [i [b fhe# ]hWcW fWhW fWiW`[hei \h[Yk[d# j[i BWdfWii" Yed [b gk[ bei ie# Y_ei fk[Z[d WYY[Z[h W kdW i[h_[ Z[ X[d[Ă&#x2019;Y_ei" Yece YWd`[Wh a_# bÂ&#x152;c[jhei WYkckbWZei" h[Wb_pWh jhWdi\[h[dY_Wi Z[ a_bÂ&#x152;c[jhei" h[Y_X_h fheceY_ed[i [nYbki_lWi o Z[c|i$

.Ŋ,;2Ŋ#!.-¢,(!.

Ceh[de WĂ&#x2019;hcW gk[ kd fkdje cko _dj[h[iWdj[ Z[ bW f|]_dW" [i gk[ [d bW fehjWZW [b Yb_[dj[ [dYedjhWh| bWi fh_dY_fWb[i fhe# ceY_ed[i gk[ i[ [ijÂ&#x192;d e\h[Y_[d# Ze Z[ WYk[hZe W bW j[cfehWZW o Wb Z[ij_de$ Ă&#x2020;;n_ij[ kdW f[ijWÂ&#x2039;W gk[ f[hc_j[" Yed kd Yb_Ya" j[d[h [b WYY[ie W bWi c[`eh[i efehjk# d_ZWZ[i Z[ l_W`[Ă&#x2021;$ .".ĹŠ#-ĹŠ4- ĹŠ2.+

EjhW W[hebÂ&#x2021;d[W gk[ Yk[djW Yed kdW f|]_dW XWijWdj[ fh|Yj_YW [i ABC HeoWb :kjY^ 7_hb_d[i$ 9bWkZ_W 8[hhÂ&#x2018;" YeehZ_dWZehW Z[ cWha[j_d] Z[ bW bÂ&#x2021;d[W WÂ&#x192;h[W" i[Â&#x2039;WbW gk[ bW f|]_dW m[X Yed bW gk[ Yk[djW bW [cfh[iW [i Ă&#x2020;ik# cWc[dj[ Z_d|c_YWĂ&#x2021;$ Ă&#x2020;;b fWiW`[he fk[Z[ h[i[hlWh o YecfhWh Xeb[jei o [dYedjhWh bW _d\ehcWY_Â&#x152;d WYjkWb_pWZW ieXh[ bei lk[bei" ^ej[b[i" Wbgk_b[h Z[ l[^Â&#x2021;Ykbei" jekhi" ]kÂ&#x2021;W Z[ Z[ij_# dei" [b j_fe Z[ ]WijhedecÂ&#x2021;W gk[ ^Wo [d [b Wl_Â&#x152;d" fheceY_ed[i" _d\ehcWY_Â&#x152;d ieXh[ [b fhe]hW# cW Z[ l_W`[he \h[Yk[dj[ Ă&#x2C6;<bo_d] Xbk[Ă&#x2030;" [djh[ ejhei i[hl_Y_ei$

Ä&#x201C;ĹŠ 4!' 2ĹŠ/#12.- 2ĹŠ/1#Ä&#x192;#1#-ĹŠ !.,/1 1ĹŠ242ĹŠ .+#3.2ĹŠ#-ĹŠ -3#1-#3Ä&#x201C;

8[hhÂ&#x2018; cWd_Ă&#x2019;[ijW gk[ kdW Z[ bWi fh[ijWY_ed[i i_]d_Ă&#x2019;YWj_lWi Ă&#x2C6;ed b_d[Ă&#x2030; [i Wgk[bbW [d bW gk[ bei fWiW`[hei gk[ oW ^Wd YecfhW# Ze ik Xeb[je fk[Z[d _d]h[iWh W bW f|]_dW" )& ^ehWi Wdj[i Z[ ik l_W`[" fWhW ^WY[h [b Ă&#x2C6;_dj[hd[j Y^[Ya_d]Ă&#x2030; o WiÂ&#x2021; [l_jWh bWi bWh]Wi Ă&#x2019;bWi [d [b W[hefk[hje$ Ă&#x2020;9ed [ijW Wbj[hdWj_lW [b kikWh_e j_[d[ bW fei_X_b_ZWZ Z[ [iYe][h [b Wi_[d# je Z[ ik fh[\[h[dY_W e fW]Wh [n# Y[ie Z[ [gk_fW`[" W kd Yeije Z[b (& c|i [YedÂ&#x152;c_YeĂ&#x2021;$ 7Z[c|i Z[ [ie" bW YeehZ_dW# ZehW Z[ cWha[j_d] _dZ_YW gk[ ejhW Z[ bWi jWdjWi l[djW`Wi Z[ h[Wb_pWh bei jh|c_j[i Z[ l_W`[ W jhWlÂ&#x192;i Z[b ?dj[hd[j [i gk[ de j_[d[d gk[ fW]Wh d_d]Â&#x2018;d Yeije WZ_Y_edWb feh i[hl_Y_ei fh[ijW# Zei" Yece ikY[Z[ YkWdZe kd fWiW`[he jhWc_jW ik l_W`[ [d bei Ă&#x2C6;Yekdj[hiĂ&#x2030;$ Ă&#x2020;KdW f|]_dW m[X [i ikcW# c[dj[ _cfehjWdj[ fWhW kdW W[hebÂ&#x2021;d[W oW gk[ [d kd ckdZe gk[ YWZW ZÂ&#x2021;W [ij| c|i j[Yd_Ă&#x2019;# YWZe" [i d[Y[iWh_e WZWfjWhi[ Wb h_jce Z[ bei WlWdY[i j[YdebÂ&#x152;# ]_YeiĂ&#x2021;" Z_Y[ 8[hhÂ&#x2018; o fkdjkWb_# pW gk[ Ă&#x2020;[b eX`[j_le \kdZWc[d# jWb [i Xh_dZWhb[i W bei Yb_[dj[i kdW \ehcW \|Y_b Z[ eh]Wd_pWh jeZe ik l_W`[$ %#-!( 2ĹŠ5(134 +#2

BW f|]_dW :[if[]Wh" kdW W][d# Y_W Z[ l_W`[i l_hjkWb" jWcX_Â&#x192;d Xh_dZW Wb fWiW`[he bW efY_Â&#x152;d Z[ XkiYWh lk[bei [YedÂ&#x152;c_Yei" WiÂ&#x2021; Yece kdW Yecfb[jW ]WcW Z[ ^ej[b[i" Xh_dZ|dZeb[ lWh_Wi ef# Y_ed[i fWhW feZ[h l_W`Wh$ JhWl[beY_jo [i ejhW W][dY_W l_hjkWb gk[ WokZW W bW f[hie# dW de iebe W Yedi[]k_h lk[bei" i_de ^ej[b[i" fWgk[j[i jkhÂ&#x2021;ij_# Yei" Wbgk_b[h Z[ Wkjei o ejhei i[hl_Y_ei$

.-3 !3.2 .-.9!

: ĹŠ ĹŠ } Ĺ&#x2014;ĹŠ666Ä&#x201C;+ -Ä&#x201C;!.,Äľ !4 ".1 Ĺ&#x2014;ĹŠ666Ä&#x201C;*+,Ä&#x201C;!.,Ä&#x201C;#! Ĺ&#x2014;ĹŠĹŠ666Ä&#x201C; #1.% +Ä&#x201C;!.,Ä&#x201C;#! Ĺ&#x2014;ĹŠ666Ä&#x201C;3 ,#Ä&#x201C;!.,Ä&#x201C;#!

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

ĹŠ Ĺ&#x2014;ĹŠ666Ä&#x201C;"#2/#% 1Ä&#x201C;!.,Ä&#x201C;#! Ĺ&#x2014;ĹŠ666Ä&#x201C;31 5#+.!(38Ä&#x201C;!.,

Ä Ä


Ä Ä&#x201A;

ĹŠ (ĹŠ"#2# ĹŠ!.-.!#1ĹŠ ,;2ĹŠ2. 1#ĹŠ+.2ĹŠ 54#+.2ĹŠ!';13#1ĹŠ /4#"#ĹŠ !#1! 12#ĹŠ ĹŠ4- ĹŠ %#-!( ĹŠ"#ĹŠ 5( )#2Ä&#x201D;ĹŠ ĹŠ+ 2ĹŠ"($#Äą 1#-3#2ĹŠ #1.+~Äą -# 2ĹŠ.ĹŠ(-" % 1ĹŠ #-ĹŠ+ 2ĹŠ/;%(- 2ĹŠ 6# ĹŠ"#ĹŠ! " ĹŠ4- ĹŠ "#ĹŠ#23 2Ä&#x201C;

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

1 ĹŠ+.2ĹŠ!';13#12 Ĺ&#x2014;ĹŠ .2ĹŠ 5(.-#2ĹŠ/1#$#1(".2ĹŠ/ 1 ĹŠ#23#ĹŠ 3(/.ĹŠ"#ĹŠ54#+.2ĹŠ2.-ĹŠ 04#++.2ĹŠ"#ĹŠ ,#"( -.ĹŠ +! -!#Ä&#x201D;ĹŠ!.,.ĹŠ+.2ĹŠ .#(-%ĹŠ Ä?Ä&#x160;Ä?ĹŠ.ĹŠ#+ĹŠ (1 42ĹŠÄ&#x160;Ä&#x2030;Ä&#x2021;Ŋĸ/./4+ 1#2ĹŠ #-31#ĹŠ+ 2ĹŠ+~-# 2ĹŠ _1# 2ÄšÄ&#x201D;ĹŠ 4-04#ĹŠ 3 , (_-ĹŠ2#ĹŠ42 -ĹŠ/ 1 ĹŠ! 2.2ĹŠ #2/#!( +#2ĹŠ 5(.-#2ĹŠ#)#!43(5.2ĹŠ,;2ĹŠ /#04# .2ĹŠ.ĹŠ 5(.-#2ĹŠ/ 1 ĹŠ"(23 -Äą !( 2ĹŠ, 8.1#2ĹŠ!.,.ĹŠ#+ĹŠ .#(-%ĹŠÄ?Ä?Ä?ĹŠ .ĹŠ#+ĹŠ (1 42ĹŠÄ&#x160;Ä&#x160;Ä&#x2021;ÄąÄ&#x160;Ä&#x152;Ä&#x2021;

.ĹŠ04#ĹŠ(-!+48#

';13#12Ĺ&#x203A;/ 04#3#ĹŠ341~23(!.

Ĺ&#x2014;ĹŠ (!*#32ĹŠ _1#.2 Ĺ&#x2014;ĹŠ .3#+ Ĺ&#x2014;ĹŠ .,(" 2 Ĺ&#x2014;ĹŠ # (" 2 Ĺ&#x2014;ĹŠ '.62ĹŠ-.!341-.2 Ĺ&#x2014;ĹŠ !3(5(" "#2ĹŠ1#!1# 3(5 2 Ĺ&#x2014;ĹŠ ,/4#23.2ĹŠ _1#.2 Ĺ&#x2014;ĹŠ 2 2ĹŠ #1./.134 1( 2

Ä&#x201C;ĹŠ .-ĹŠ54#+.2ĹŠ"(1#!3.2ĹŠ2(-ĹŠ!.-#7(¢-Ä&#x201D;ĹŠ ĹŠ"($#1#-!( ĹŠ"#ĹŠ+.2ĹŠ54#+.2ĹŠ1#%4+ 1#2Ä&#x201C;

.2ĹŠ!';13#12Ä&#x201D;ĹŠ 4- ĹŠ%1 -ĹŠ./!(¢ .2ĹŠ54#+.2ĹŠ!';13#12ĹŠ2.-ĹŠ,48ĹŠ43(+(9 ".2ĹŠ #-ĹŠ+ ĹŠ !34 +(" "ĹŠ/.1ĹŠ2#1ĹŠ,;2ĹŠ#!.-¢,(Äą !.2ĹŠ8ĹŠ!.-3 1ĹŠ!.-ĹŠ, 8.1#2ĹŠ #-#Ä&#x192;!(.2Ä&#x201C;

>eo [d ZÂ&#x2021;W [i cko YecÂ&#x2018;d [i# i[ b[i ZW W bei Y^|hj[hi [i YkWd# YkY^Wh ieXh[ bei \Wceiei lk[# Ze i[ bei Wbgk_bW fWhW YkXh_h bei Y^|hj[hi" bei YkWb[i i[ ^Wd [l[djei Z[fehj_lei" Yed]h[iei" fk[ije Z[ ceZW$ I_d [cXWh]e" \[h_Wi$$$ ÂľIWX[ kij[Z Z[ gkÂ&#x192; i[ jhWjW [nWYjWc[dj[5 - -!( 2 ;ij[ j_fe Z[ lk[bei ied bei Feh ejhW fWhj[" :Â&#x2021;Wp cWd_Ă&#x2019;[ijW bbWcWZei \b[jWZei" [i Z[Y_h gk[ fWhW bei cWoeh_ijWi Z[ jk# Wl_ed[i Wbgk_bWZei feh f[h# h_ice eh]Wd_pWh lk[bei Y^|h# iedWi dWjkhWb[i" W][dY_Wi Z[ j[hi [i XWijWdj[ \WlehWXb[ oW l_W`[i e cWoeh_ijWi" o gk[ [djh[ c|i f[hie# [d bei YkWb[i i[ h[Wb_pWd dWi _d]h[i[d Z[djhe Z[b l_W`[i [if[YÂ&#x2021;\_Yei Yed ĹŠ fbWd j_[d[d kdW ]WdWd# kd ]hkfe Z[ f[hiedWi Y_W gk[ lW Z[iZ[ [b (& [nYbki_lWi$ Wb (+ $ Ă&#x2020;;djh[ cWoeh #ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2021;Ä&#x17D;ĹŠ ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2C6;Ä&#x2021;ĹŠ Ieb[ZWZ :Â&#x2021;Wp" W][dj[ #+ĹŠ"#23(-.ĹŠ/1#$#Äą YWdj_ZWZ Z[ ][dj[ ^WoW" Z[ l_W`[i" i[Â&#x2039;WbW gk[ [b 1(".ĹŠ"#ĹŠ+.2ĹŠ#!4 Äą bei ^ej[b[i ZWd fh[Y_ei 3.1( -.2ĹŠ$4#ĹŠ WjhWYj_le Z[ [ijei [i gk[ -3 ĹŠ 13 Ä&#x201D;ĹŠ [if[Y_Wb[i o ejhWi ]hW# i[ bei Yecfb[c[djW Yed 13 %#- Ä&#x201D;ĹŠ -ĹŠ jk_ZWZ[i" be YkWb \Wle# -"1_2ĹŠ8ĹŠ fWgk[j[i jkhÂ&#x2021;ij_Yei c|i - ,;Ä&#x201C;ĹŠ '.1 ĹŠ h[Y[ [dehc[c[dj[ W bei [YedÂ&#x152;c_Yei" bei YkWb[i #+ĹŠ,;2ĹŠ$1#!4#-3#ĹŠ YedjhWjWdj[iĂ&#x2021;" [nfh[iW #2ĹŠ 4-3 ĹŠ - ĹŠ _dYbko[d ^eif[ZW`[" Ye# #-ĹŠ #/Ă&#x152; +(! ĹŠ bW W][dj[$ .,(-(! - Ä&#x201C; c_ZWi" X[X_ZWi" jhWdi# fehj[" fWi[ei o c|i X[# 7/#1(#-!( 2 AWjjo C[`[h" Yehh[ZehW Z[ i[# d[Ă&#x2019;Y_ei$ Ă&#x2020;;b Yeije Z[ [ij[ j_fe Z[ ]khei gk_[d ^WY[ feYe jkle bW lk[bei" _dYbk_Ze [b fWgk[j[ jk# efehjkd_ZWZ Z[ l_W`Wh W 7hkXW hÂ&#x2021;ij_Ye" [i Z[b (& Wb )& c|i ?ibW Z[ bWi 7dj_bbWi C[deh[i " [YedÂ&#x152;c_Ye gk[ bei dehcWb[iĂ&#x2021;" Z[djhe Z[ kd lk[be Y^|hj[h" Yk[djW gk[ fWhW [bbW ^W i_Ze WĂ&#x2019;hcW :Â&#x2021;Wp$ I[]Â&#x2018;d bW W][dj[ Z[ l_W`[i" kdW l_l[dY_W fei_j_lW$ Ă&#x2020;<k[ kd l_W`[ cko [YedÂ&#x152;c_# ejhe Z[ bei kiei \h[Yk[dj[i gk[

+3 ĹŠ"#, -" Ĺ&#x2014;ĹŠĹŠ ĹŠ3#-"#-!( ĹŠ"#ĹŠ+.2ĹŠ54#+.2ĹŠ !';13#12ĹŠ++#%¢Ŋ +ĹŠ/ ~2ĹŠ' !#ĹŠÄ&#x2C6;Ä&#x2021;ĹŠ  .2ĹŠ

/.104#ĹŠ -3#2ĹŠ5( ) 1ĹŠ#1 ĹŠ4-ĹŠ5#1" "#1.ĹŠ +4).Ä&#x201D;ĹŠ/.1ĹŠ2#1ĹŠ,48ĹŠ!.23.2.Ä&#x201C;ĹŠÄĄ -3#2ĹŠ-.ĹŠ 2#ĹŠ/ 2# ĹŠ3 -3.ĹŠ/4#2ĹŠ#1 ĹŠ 23 -3#ĹŠ ! 1.Ä&#x201D;ĹŠ/#1.ĹŠ ĹŠ/ 13(1ĹŠ"#ĹŠ+ ĹŠ".+ 1(9 !(¢-Ä&#x201D;ĹŠ #+ĹŠ/."#1ĹŠ "04(2(3(5.ĹŠ"#ĹŠ+ ĹŠ%#-3#ĹŠ 4,#-3¢Ŋ8ĹŠ#23.ĹŠ/1.5.!¢Ŋ04#ĹŠ+ 2ĹŠ/#1Äą 2.- 2ĹŠ#,/(#!#-ĹŠ ĹŠ2 +(1ĹŠ"#+ĹŠ/ ~2ĹŠ! " ĹŠ 5#9ĹŠ,;2ĢÄ&#x201D;ĹŠ"(!#ĹŠ ~ 9Ä&#x201D;ĹŠ04(#-ĹŠ %1#% ĹŠ 04#ĹŠ#-ĹŠ+ ĹŠ !34 +(" "ĹŠ+.2ĹŠ54#+.2ĹŠ!';1Äą 3#1ĹŠ3(#-#-ĹŠ,4!' ĹŠ"#, -" Ä&#x201C; ÄĄ +ĹŠ'#!'.ĹŠ"#ĹŠ04#ĹŠ2#ĹŠ.$#13#ĹŠ4-ĹŠ / 04#3#ĹŠ#!.-¢,(!.ĹŠ#-ĹŠ#+ĹŠ04#ĹŠ2#ĹŠ (-!+48 ĹŠ3.".ĹŠ#2ĹŠ,48ĹŠ 31 !3(5.ĹŠ/ 1 ĹŠ#+ĹŠ /4 +(!.ĢÄ&#x201D;ĹŠ Ä&#x192;1, ĹŠ+ ĹŠ %#-3#Ä&#x201C;

Ye [d [b gk[ Z_i\hkjÂ&#x192; Z[ jeZei bei X[d[Ă&#x2019;Y_ei gk[ _dYbkÂ&#x2021;W [b fWgk[# j[ Yec_ZW o X[X_ZW _b_c_jWZW Ă&#x2021;" Z_Y[ C[`[h [ceY_edWZW$ 9ed\_[iW jWcX_Â&#x192;d gk[ bW fhÂ&#x152;n_cW l[p gk[ Z[Y_ZW l_W`Wh be ^Wh| dk[lWc[dj[ feh c[Z_e Z[ bei lk[bei Y^|hj[hi$ Ejhe kikWh_e Z[ [ij[ i[hl_Y_e [i CWh_e >_ZWb]e" cW]Â&#x2021;ij[h [d h[bWY_ed[i _dj[hdWY_edWb[i" gk_[d ^WY[ feYei c[i[i i[ \k[ Wb 9Wh_X[ `kdje W ik cWZh[ o ^[hcWdW$ Ă&#x2020;;b ^[Y^e Z[ gk[ jeZe [ijÂ&#x192; _dYbk_Ze [i cko Xk[de" WfWhj[ Z[ gk[ jWcX_Â&#x192;d [i c|i XWhWje gk[ kd jekh dehcWbĂ&#x2021;" i[Â&#x2039;WbW >_ZWb]e$


ũĠ2#ũ2(%4#-ũ(,/1.5(2 -".ğũ ũ KdW l[bWZW [i#

ēũ +ũ% - ".1ũ"#ũ+ ũ-.!'#ũ$4#ũ 1(3.Ĕũ04(#-ũ"(.ũ4-ũ2'.6ũ !Ì23(!.ũ#-ũ+ ũ % + ũ"#ũ/1#,( !(¢-ēũ

f[hWZW fWhW bei c i_Yei dWY_e# dWb[i" [d [if[Y_Wb fWhW Wb]kdei gk[ WfWh[Y[h|d [d bei c[Z_ei feh fh_c[hW l[p \k[ bW ]WbW Z[b c_ hYeb[i [d C_i 8WdZWi DWY_e# dWb[i C8D $ F[i[ W i[h bW i[njW [Z_Y_ d" W d i[ l_[hed È[hheh[i fh_c[h_peiÉ$

.2ũ/1#,(.2

9ed Wb\ecXhW he`W" [b J[Wjhe Ik#

Yh[ Z[ Gk_je h[Y_X_ W bei Whj_i# jWi gk[ bk[]e \k[hed fh[c_WZei [d i[_i YWj[]eh Wi Yed kdW \kiW \_]khW cki_YWb ZehWZW Yece jhe\[e$ 7Z[c|i i[ h[fWhj_[hed c[ZWbbWi ^edeh ÒYWi o Wb]kdWi fbWYWi Yedc[cehWj_lWi$ Bei ]WdWZeh[i Z[ bW deY^[ \k[hed0 7hj_ijW e XWdZW fheo[Y# Y_ d" LWb[dj_dW B f[p1 7hj_ijW e XWdZW Fhec[iW" C_Y^[bb[ 9ehZ[# he1 7hj_ijW e XWdZW H[l[bWY_ d"

8hWdZWe1 7hj_ijW Z[b 7 e" 8h_je1 7hj_ijW e XWdZW F[hcWd[dY_W" J[hY[h CkdZe o C[`eh L_Z[eYb_f" < hckbW F[h\[YjW$ Kd ]WbWhZ d [if[Y_Wb i[ [djh[] W :Wd_[b F|[p Yece 7hj_ijW Fheo[YY_ d ?dj[h# dWY_edWb$

ũ5#+ "

;b [l[dje \k[ YedZkY_Ze feh =WXo : Wp J[b[WcWpedWi o ik [ifeie 9Whbei Bk_i 7dZhWZ[

ĂĈŏ ŏ ŏ ŏĂĀāĂŏ

ŏ +. Čŏ

āă

J9 " gk_[d[i _dj[djWdZe YW[h [d ]hWY_W j[hc_dWhed feh ÈYWd# j_d\b[WhÉ [b i^em$ Be fei_j_le" bW Y[b[XhWY_ d Z[ bei '+ W ei Z[ È=h_d]W beYWÉ Yed >k]e ?Zhele o > Yjeh DWfeb_jWde [d l_le o bW _djhe Z[b i^em W YWh]e Z[ bW XWd# ZW 8_ehd 8eh]$

* $ ' 081,&,3$/ '(/ &$17Ð1 9$/(1&,$ *2%,(512 $87Ï1202 '(6&(175$/,=$'2 081,&,3$/ '(/ &$17Ï1 9$/(1&,$ 5($3(5785$ '(/ &21&8562 3Ò%/,&2 '( 0(5(&,0,(1726 < 2326,&,Ï1 3$5$ 237$5 3$5$ (/ &$5*2 '( 5(*,675$'25 '( /$ 3523,('$' '(/ &$17Ï1 9$/(1&,$ %$6( /(*$/ $UW GH OD &RQVWLWXFLyQ GH OD /H\ GHO 6LVWHPD 1DFLRQDO GH 5HJLVWUR GH 'DWRV 3~EOLFR GHO &227$' \ OD 2UGHQDQ]D UHVSHFWLYD SDUD HO QRPEUDPLHQWR GHO 5HJLVWUDGRU GH OD 3URSLHGDG GHO &DQWyQ 9DOHQFLD

&2192&$725,$

ĥ ı

Ħũ ēũ 1 "ũ8ũ -%#+(- ũ#-ũ+ ũ/1#2#-3 !(¢-ũ"#+ũă+,#ũĥ +3Ħē

Ġ +ũ +3 1ğũ 1 "ũ (33ũ8ũ -%#+(- ũ .+(#ũ/(#-2 -ũ#-ũ ! 2 12#Ĕũ2#%Ì-ũ"#!+ 1¢ũ#+ũ !3.1ũ ũ4- ũ /4 +(! !(¢-ēũ

ũ: Ĕũ BW fWh[`W c|i

\WceiW Z[ >ebbomeeZ" 8hWZ F_jj o 7d][b_dW @eb_[" i[ ck[ijhW Z_ifk[ijW W ZWhi[ [b Æi gk_[heÇ" i[] d cWd_\[ij [b WYjeh [d kdW [djh[l_ijW fkXb_YWZW Wo[h [d bW f|]_dW m[X Z[ bW h[l_ijW J^[ >e# bbomeeZ H[fehj[h$ F_jj" Z[ *. W ei" Z_`e i[h fWh# j_ZWh_e Z[ \ehcWb_pWh ik h[bWY_ d" f[he i[ Wb gk[ ied fh_dY_fWb# c[dj[ bei i[_i ^_`ei gk[ j_[d[ Yed @eb_[" Z[ ), W ei" bei gk[ c|i _d# i_ij[d [d l[hb[i fWiWh feh [b WbjWh$ Æ7 deiejhei h[Wbc[dj[ dei ]kijWh W o fWh[Y[ gk[ i_]d_ÒYW YWZW l[p c|i fWhW bei d_ ei$ >WY[ j_[cfe Z[YbWhWcei gk[ de be ^Wh Wcei YWiWhi[ ^WijW gk[ jeZe [b ckdZe fkZ_[hW [d h[\[h[dY_W W bW fhe^_X_Y_ d Z[b cWjh_ced_e W ^ecei[nkWb[i [d ;;$KK$ " f[he de Yh[e gk[ feZW# cei W]kWdjWhdeiÇ" WÒhc F_jj$ ;b _dj hfh[j[" dec_dWZe [ijW i[cWdW Wb âiYWh W C[`eh WYjeh

1('4 - ũ ĥ +(5( Ħũ24ũ$ , ŗũũ

1 "ũ (33ũ!.-$#2¢ũ "#,;2ũ 04#ũ"41 -3#ũ+.2ũĒćĔũ31 2ũ/1.3 ı %.-(9 1ũ/#+~!4+ 2ũ!.,.ũĥ #5#-Ħũ8ũ !.-5#13(12#ũ#-ũ4- ũ#231#++ Ĕũ/ 2¢ũ /.1ũ,.,#-3.2ũ"#ũ/1.$4-" ũ"#ı /1#2(¢-ũ#-ũ+.2ũ04#ũ++#%¢ũ ũġ$4, 1ũ "#, 2( " ũ"1.% Ģē ġ -3#-3 ũ#2!.-"#1,#ũ"#ũ ,~ũ,(2,.Ĕũ"#ũ+ ũ!#+# 1(" "Ĕũ8ũ $4, ũ, 1('4 - ũ2(-ũ/ 1 1ēũ .ũ,#ũ,.5~ ũ"#+ũ2.$;ũ8ũ,#ũ 2#-3~ ũ!.,.ũ4-ũĥ".-43Ħēũ 23 ũ 1# +,#-3#ũ,.+#23.ũ!.-,(%.ũ ,(2,.ĢĔũ!.,#-3 ũ#+ũ !3.1ēũ

feh ik fWf[b [d ÈCed[oXWbbÉ" [l_j fhedkdY_Whi[ YkWdZe \k[ fh[]kdjWZe ieXh[ i_ oW b[ ^WX W f[Z_Ze cWjh_ced_e W @eb_[" ik fWh[`W Z[iZ[ ^WY[ i_[j[ W ei$

3(5),/ 5(48(5,'2 3$5$ (/ 38(672 'H DFXHUGR FRQ HO $UW GH OD /H\ 2UJiQLFD GHO 6HUYLFLR 3~EOLFR DVt FRPR D ORV UHTXLVLWRV TXH HVWDEOHFH HO $UW GH OD /H\ GHO 6LVWHPD 1DFLRQDO GH 5HJLVWUR GH 'DWRV 3~EOLFRV VH UHTXLHUH D 6HU HFXDWRULDQD R HFXDWRULDQR \ HVWDU HQ JRFH GH ORV GHUHFKRV SROtWLFRV E 7HQHU WLWXOR DERJDGD R DFUHGLWDGR \ UHFRQRFLGR OHJDOPHQWH HQ HO SDtV F $FUHGLWDU KDEHU HMHUFLGR FRQ SURELGDG H LGRQHLGDG QRWRULD OD SURIHVLyQ GH DERJDGR D SRU XQ WLHPSR PLQLPR GH DxRV G 6HU PD\RU GH DxRV \ HVWDU HQ HO SOHQR HMHUFLFLR GH ORV GHUHFKRV SUHYLVWRV HQ OD &RQVWLWXFLyQ GH OD 5HS~EOLFD \ OD /H\ SDUD HO GHVHPSHxR GH XQD IXQFLyQ S~EOLFD H 1R HQFRQWUDUVH HQ LQWHUGLFFLyQ FLYLO QR VHU GHXGRU DO TXH VH VLJD SURFHVR GH FRQ FXUVR GH DFUHHGRUHV \ QR KDOODUVH HQ HVWDGR GH LQVROYHQFLD IUDXGXOHQWD GHFODUDGD MXGLFLDOPHQWH I 1R HVWDU FRPSUHQGLGR HQ DOJXQD GH ODV FDXVDOHV GH SURKLELFLyQ SDUD HMHUFHU FDUJRV S~EOLFRV J &XPSOLU FRQ ORV UHTXLVLWRV GH SUHSDUDFLyQ DFDGpPLFD \ GHPiV FRPSHWHQFLDV H[LJLEOHV SUHYLVWDV HQ OD OH\ K +DEHU VXIUDJDGR GH DFXHUGR D OD OH\ L 1R HQFRQWUDUVH HQ PRUD GHO SDJR GH FUpGLWRV HVWDEOHFLGRV D IDYRU GH HQWLGDGHV X RUJDQLVPRV GHO VHFWRU S~EOLFR D H[FHSFLyQ GH OR HVWDEOHFLGR HQ HO $UW GH OD /H\ 2UJiQLFD GHO 6HUYLFLR 3~EOLFR \ M /RV GHPiV UHTXLVLWRV VHxDODGRV HQ OD &RQVWLWXFLyQ GH OD 5HS~EOLFD \ OD /H\ '( /26 5(48,6,726 *(1(5$/(6 &RSLD D FRORUHV GH OD FpGXOD GH FLXGDGDQtD FRSLD D FRORUHV GHO FHUWLILFDGR GH YRWDFLyQ YLJHQWH &HUWLILFDGR GHO 0LQLVWHULR GH 5HODFLRQHV /DERUDOHV GH QR WHQHU LPSHGLPHQWR SDUD GHVHPSHxDU FDUJR S~EOLFR /RV GRFXPHQWRV TXH DFUHGLWHQ HO WtWXOR DFDGpPLFR FXUVRV VHPLQDULRV H[SHULHQFLD ODERUDO PDHVWUtDV HVSHFLDOL]DFLRQHV HWF (175(*$ '( /26 '2&80(1726 /DV SHUVRQDV LQWHUHVDGDV HQ SDUWLFLSDU HQ HVWH &RQFXUVR HQWUHJDUiQ VXV ³+RMDV GH 9LGD´ MXQWR FRQ OD GRFXPHQWDFLyQ TXH DFUHGLWH HO FXPSOLPLHQWR GH ORV UHTXLVLWRV HVWDEOHFLGRV HQ HVWD SXEOLFDFLyQ HQ OD -HIDWXUD GHO 7DOHQWR +XPDQR GH HVWD 0XQLFLSDOLGDG GHVGH ODV KDVWD ODV GHO PLpUFROHV GH IHEUHUR GHO GHELHQGR RWRUJDUVH OD FRUUHVSRQGLHQWH IH GH SUHVHQWDFLyQ HQ KRMD GH YLGD SUHFLViQGRVH HO Q~PHUR GH DQH[RV TXH FRQ HOOD VH SUHVHQWDQ 35(6(/(&&,21$'26 '( /$ 358(%$ $&$'e0,&$ < '( 127,),&$&,Ï1 5HDOL]DGD OD YHULILFDFLyQ GH UHTXLVLWRV IRUPDOHV \ OD FDOLILFDFLyQ GH PpULWRV ORV UHVXOWDGRV VH QRWLILFDUiQ HQ OD GLUHFFLyQ GH FRUUHR HOHFWUyQLFR VHxDODGD SRU HO SRVWXODQWH OD TXH SRGUi VHU UHYLVDGD HQ OD SiJLQD ZHE \ OD QyPLQD GH TXLHQHV FRQWLQ~DQ VHUi SXEOLFDGD HQ OD SiJLQD ZHE \ HQ FDUWHOHUD PXQLFLSDO \ GHO 5HJLVWUR GH OD 3URSLHGDG GHO &DQWyQ D TXLHQHV VH OHV WRPDUi OD SUXHED GH RSRVLFLyQ HQ OD IHFKD TXH RSRUWXQDPHQWH LQGLFDUi OD DGPLQLVWUDFLyQ PXQLFLSDO /D SUHVHQWH FRQYRFDWRULD FRQVWDUi WDPELpQ SXEOLFDGD HQ OD SiJLQD ZHE LQVWLWXFLRQDO ZZZ 9DOHQFLD JRE HF (O UHVXOWDGR GH HVWH FRQFXUVR HV GHFLU HO JDQDGRU R JDQDGRUD GHO PLVPR VH SXEOLFDUi HQ OD PLVPD SiJLQD ZHE \ VH QRWLILFDUi HQ IRUPD GLUHFWD /D HQWLGDG FRQYRFDQWH GHMD FRQVWDQFLD TXH HO &RQVHMR GH 3DUWLFLSDFLyQ &LXGDGDQD \ &RQWURO 6RFLDO KD LPSOHPHQWDGR OD FRUUHVSRQGLHQWH YHHGXUtD FLXGDGDQD 9DOHQFLD GH (QHUR GHO

,QJ -XDQ &DUORV 7UR\D )XHUWHV $/&$/'( '(/ &$17Ï1 9$/(1&,$

/5 -6


āą

ŏĂĈŏ ŏ ŏ ŏĂĀāĂ

ŏ +. ŏ

&DOLILFDGRUD GH 5LHVJRV 3DFLILF &UHGLW 5DWLQJ 6 $ SRQH HQ FRQRFLPLHQWR S~EOLFR ODV &DOLILFDFLRQHV GH 5LHVJR YLJHQWHV DO GH 'LFLHPEUH GH

(0,625 8 25,*,1$'25 $JULSDF 6 $

9$/25(6 &$/,),&$'26 )LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV $*5,3$& \ ORV YDORUHV 97& 3ULPHUD $JULSDF SRU 86 PLOORQHV

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH GH $GPLQVLWUDFLyQ GH )OXMRV 6HJXQGD 7LWXODUL]DFLyQ GH )OXMRV $JULSDF SRU 86 PLOORQHV

)(&+$ '( &$/,),&$&,21 GH 'LFLHPEUH GH

GH 'LFLHPEUH GH

GH 6HSWLHPEUH GH

&/$6(6 2 6(5,(6

02172

&$7(*25,$ $6,*1$'$

3/$=2

6HULH $ 6HULH % 6HULH &

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$$ &UHGLW :DWFK $$$ &UHGLW :DWFK $$$ &UHGLW :DWFK

GtDV GtDV GtDV

6HULH $ &ODVH $ 6HULH $ &ODVH $ 6HULH $ &ODVH $ 6HULH % &ODVH % 6HULH % &ODVH % 6HULH % &ODVH %

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

³$$$ ´ &UHGLW :DWFK ³$$$ ´ &UHGLW :DWFK ³$$$ ´ &UHGLW :DWFK ³$$$ ´ &UHGLW :DWFK ³$$$ ´ &UHGLW :DWFK ³$$$ ´ &UHGLW :DWFK

GtDV GtDV GtDV GtDV GtDV GtDV

6HULH $ 6HULH % 6HULH &

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$$ $$$ $$$

GtDV GtDV GtDV

86 PLOORQHV

$

GtDV

$UFD (FXDGRU 6 $

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 7LWXODUL]DFLyQ GH )OXMRV (%& \ ORV YDORUHV 97& (%& SRU 86 PLOORQHV

$',70$4 $GLWLYRV < 0DTXLQDULDV &LD /WGD

(PLVLyQ GH 2EOLJDFLRQHV $',70$4 $',7,926 < 0$48,1$5,$6 &,$ /7'$ SRU 86 PLOORQHV

GH $JRVWR GH

$OLPHQWRV (FXDWRULDQRV 6 $ $/,0(&

(PLVLyQ GH 2EOLJDFLRQHV /DUJR 3OD]R $/,0(1726 (&8$725,$126 6 $ $/,0(& SRU PLOORQHV

GH $JRVWR GH

&ODVH $

86 PLOORQHV

$$

GtDV

,QFXEDGRUD $QKDO]HU &tD /WGD \ $YtFROD 6DQ ,VLGUR 6 $ $9,6,'

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH )LGHLFRPLVR GH 7LWXODUL]DFLyQ )OXMRV *UXSR $QKDO]HU &HUR 8QR´ SRU 86 PLOORQHV

GH 'LFLHPEUH GH

6HULH $ 6HULH %

86 PLOORQHV 86 PLOORQHV

$$$ $$$

GtDV GtDV

$VRFLDFLyQ 0XWXDOLVWD 3LFKLQFKD SDUD OD 9LYLHQGD

)LGHLFRPLVR 0HUFDQWLO 0XWXDOLVWD 3LFKLQFKD ),083, \ ORV YDORUHV 7&,083, SRU 86

GH $JRVWR GH

)LGHLFRPLVR 0HUFDQWLO 0XWXDOLVWD 3LFKLQFKD ),083, \ ORV YDORUHV 7&,083, SRU 86

GH $JRVWR GH

)LGHLFRPLVR 0HUFDQWLO 0XWXDOLVWD 3LFKLQFKD ),083, \ ORV YDORUHV 7&,083, SRU 86

GH 1RYLHPEUH GH

&ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $OSKD &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $

86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 86 PLOOyQ 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 86

$$$ $$ $ $$$ $$ $ $$$ $$$ $$ $ % $$$ $$$ $$ $ % $$$ $$$ $$$ $ % $$$ $$$ $$$ $ % $$$ $$$ $$$ $$$ $ %

PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV

86 PLOORQHV

$$$

GtDV

)LGHLFRPLVR 0HUFDQWLO 0XWXDOLVWD 3LFKLQFKD ),083, \ ORV YDORUHV 7&,083, SRU 86

GH 1RYLHPEUH GH

)LGHLFRPLVR 0HUFDQWLO 0XWXDOLVWD 3LFKLQFKD ),083, \ ORV YDORUHV 7&,083, SRU 86 PLOORQHV

GH $JRVWR GH

)LGHLFRPLVR 0HUFDQWLO 0XWXDOLVWD 3LFKLQFKD ),083, \ ORV YDORUHV 7&,083, SRU 86

GH 2FWXEUH GH

)LGHLFRPLVR 0HUFDQWLO 0XWXDOLVWD 3LFKLQFKD ),083, \ ORV YDORUHV 7&,083, SRU 86 PLOORQHV

GH $JRVWR GH

$XWRPRWRUHV \ $QH[RV 6 $ $<$6$

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH )LGHLFRPLVR 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV $XWRPRWRUHV \ $QH[RV SRU 86 PLOORQHV

$')5$1(& 6 $

3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV )XWXURV $')5$1(& 6 $ SRU 86 PLOORQHV

GH -XOLR GH

86 PLOORQHV

$$

GtDV

%DQFR %ROLYDULDQR & $

(PLVLyQ GH 2EOLJDFLRQHV &RQYHUWLEOHV HQ $FFLRQHV SRU 86 PLOORQHV (PLVLyQ GH 2EOLJDFLRQHV &RQYHUWLEOHV HQ $FFLRQHV SRU 86 PLOORQHV (PLVLyQ GH 3DSHO &RPHUFLDO %DQFR %ROLYDULDQR & $ SRU 86 PLOORQHV

GH -XOLR GH

86 PLOORQHV

$$$

GtDV

%DQFR GH OD 3URGXFFLyQ 3URGXEDQFR 6 $ %DQFR 3URPHULFD 6 $ %DQFR GH /RMD 6 $

)LGHLFRPLVR 0HUFDQWLO 3URGXEDQFR ),0352' \ ORV YDORUHV 352'8&7+ SRU 86

%DQFR ,QWHUQDFLRQDO 6 $ %DQFR *HQHUDO 5XPLxDKXL 6 $ %DQFR 6ROLGDULR 6 $

)LGHLFRPLVR 0HUFDQWLO 3URGXEDQFR ),0352' SRU 86 PLOORQHV

GH 6HSWLHPEUH GH

GH -XOLR GH

86 PLOORQHV

$$$

GtDV

GH -XOLR GH

86 PLOORQHV

$$$

GtDV

&ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ 6HULH $ &ODVH $ 6HULH $ &ODVH $ 6HULH $ &ODVH $ 6HULH % &ODVH % 6HULH % &ODVH % 6HULH % &ODVH % 6HULH & &ODVH & 6HULH & &ODVH & 6HULH & &ODVH & 6HULH 6HULH 6HULH 6HULH

86 PLOORQHV 86 PLOORQHV 86 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 86 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOOyQ 86 86 86 PLOORQHV

$$$ $$ $ $$$ $$$ $$$ $ % $$$ $$$ $$$ $$$ $$$ $$$ $$$ $$$ $$$ $$ $$ $$ $$ $$$

PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV

&ODVH $ 6HULH &ODVH $ 6HULH &ODVH $ 6HULH &ODVH % 6HULH &ODVH % 6HULH &ODVH % 6HULH

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$ $$ $$ $$ $$ $$ $$

GtDV GtDV GtDV GtDV GtDV GtDV GtDV

&ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $

GH 1RYLHPEUH GH

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 86 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 86 86 PLOORQHV

$$$ $$$ $$ $ % $$$ $$$ $$$ $ % $$

PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV GtDV

GH 1RYLHPEUH GH

86 PLOORQHV

$$

GtDV

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQ 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$$ $$$ $$$ $$ % $$$ $$$ $$$ $$$ $$$

PHVHV PHVHV PHVHV PHVHV PHVHV GtDV GtDV GtDV GtDV GtDV

GH $JRVWR GH

GH 1RYLHPEUH GH

)LGHLFRPLVR 3URGXEDQFR &DUWHUD $XWRPRWUL] &HUR 8QR \ ORV YDORUHV 97& 3URGXEDQFR &$ SRU 86 PLOORQHV

GH 2FWXEUH GH

(PLVLyQ GH 2EOLJDFLRQHV &RQYHUWLEOHV HQ $FFLRQHV %DQFR 3URPHULFD 6 $ SRU 86 PLOORQHV

GH 2FWXEUH GH

(PLVLyQ GH 3DSHO &RPHUFLDO %DQFR 3URPHULFD 6 $ SRU 86 PLOORQHV

GH 2FWXEUH GH

(PLVLyQ GH 2EOLJDFLRQHV %DQFR GH /RMD 86 PLOORQHV

GH -XOLR GH

(PLVLyQ GH 3DSHO &RPHUFLDO %DQFR GH /RMD 86 PLOORQHV

GH -XOLR GH

)LGHLFRPLVR 0HUFDQWLO %DQFR ,QWHUQDFLRQDO ,17(5 \ ORV YDORUHV ,17(5 7+ SRU 86 PLOORQHV

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH )LGHLFRPLVR 0HUFDQWLO %DQFR ,QWHUQDFLRQDO ,17(5 SRU 86 PLOORQHV

(PLVLyQ GH 2EOLJDFLRQHV &RQYHUWLEOHV HQ $FFLRQHV %DQFR *HQHUDO 5XPLxDKXL 6 $ SRU 86 PLOORQHV (PLVLyQ GH 2EOLJDFLRQHV GH &RUWR 3OD]R R 3DSHO &RPHUFLDO %DQFR *HQHUDO 5XPLxDKXL 6 $ SRU 86 PLOORQHV

)LGHLFRPLVR 0HUFDQWLO 6ROLGDULR )06 SRU 86 PLOORQHV

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH )LGHLFRPLVR )06 'RV SRU 86 PLOORQHV

GH 1RYLHPEUH GH

GH 'LFLHPEUH GH

GH -XOLR GH

GH 6HSWLHPEUH GH

&ODVH &ODVH &ODVH &ODVH &ODVH 6HULH $ &ODVH 6HULH $ &ODVH 6HULH % &ODVH 6HULH % &ODVH 6HULH & &ODVH


ŏĂĈŏ ŏ ŏ ŏĂĀāĂ

ŏ +. ŏ

(0,625 8 25,*,1$'25

9$/25(6 &$/,),&$'26

%DQFR 7HUULWRULDO 6 $

)LGHLFRPLVR 0HUFDQWLO 7HUFHUD 7LWXODUL]DFLyQ GH &DUWHUD GH &RQVXPR 7HUULWRULDO 3ULPHU 7UDPR \ ORV YDORUHV 97& 7HUFHUD 7HUULWRULDO SRU 86 PLOORQHV

%DQFR 8QLYHUVDO 6 $ 8QLEDQFR

)LGHLFRPLVR 7LWXODUL]DFLyQ &XRWDIDFLO 8QLEDQFR &HUR 8QR \ ORV YDORUHV 97& 8QLEDQFR SRU 86 PLOORQHV )LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH )LGHLFRPLVR 7LWXODUL]DFLyQ &XRWDIiFLO 8QLEDQFR &HUR 'RV SRU 86 PLOORQHV

)(&+$ '( &$/,),&$&,21 GH $JRVWR GH

GH $JRVWR GH

GH 'LFLHPEUH GH

%,5$ %LHQHV 5DtFHV 6 $

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV %,5$ SRU 86 PLOORQHV

&DVD &RPHUFLDO 7RVL & $

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV &DVD 7RVL SRU 86 PLOORQHV

&HPHQWR &KLPERUD]R & $

(PLVLyQ 3DSHO &RPHUFLDO &HPHQWR &KLPERUD]R & $ SRU 86 PLOORQHV

&KRFRODWHV )LQRV 1DFLRQDOHV &2),1$ 6 $

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 3ULPHUD ³7LWXODUL]DFLyQ GH )OXMRV &2),1$´ SRU 86 PLOORQHV

&RPSDxtD $]XFDUHUD 9DOGH] 6 $

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 7LWXODUL]DFLyQ GH )OXMRV $]XFDUHUD 9DOGH] \ ORV YDORUHV 97& $]XFDUHUD 9DOGH] SRU 86 PLOORQHV

&RQVWUXFFLRQHV \ 6HUYLFLRV GH 0LQHUtD &216(50,1 6 $

(PLVLyQ GH 2EOLJDFLRQHV &216(50,1 SRU 86 PLOORQHV

GH 1RYLHPEUH GH

&RUSRUDFLyQ $]HQGH &LD /WGD

(PLVLyQ GH 2EOLJDFLRQHV &RUSRUDFLyQ $]HQGH &LD /WGD SRU 86 PLOORQHV

GH 1RYLHPEUH GH

&RUSRUDFLyQ GH 'HVDUUROOR GHO 0HUFDGR 6HFXQGDULR GH +LSRWHFDV &7+ 6 $

)LGHLFRPLVR 0HUFDQWLO &7+ ),0(&7+ 9$&7+ SRU 86

)LGHLFRPLVR 0HUFDQWLO &7+ %,' &7+ %,' SRU 86 PLOORQHV

GH 'LFLHPEUH GH

&RUSRUDFLyQ )LQDQFLHUD 1DFLRQDO

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV 3RUWDIROLR &)1 SRU 86 PLOORQHV )LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 6HJXQGD 7LWXODUL]DFLyQ GH )OXMRV 3RUWDIROLR &)1 SRU 86 PLOORQHV

&RUSRUDFLyQ &)& &2'(35(7 6 $

)LGHLFRPLVR 6HJXQGD 7LWXODUL]DFLyQ GH &DUWHUD $XWRPRWUL] &)& 6 $ SRU 86 PLOORQHV

GH 'LFLHPEUH GH

'HOLVRGD 6 $

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV 'HOLVRGD 3URGXFWRV *DWRUDGH SRU 86 PLOORQHV

'HOL 6KHPORQ

)LGHLFRPLVR GH 7LWXODUL]DFLyQ 6LQGLFDGD GH )OXMRV 'HOL 6KHPORQ SRU 86 PLOORQHV

',&+(0 GHO (FXDGRU 6 $ '832&6$ 3URWHFWRUHV 4XLPLFRV SDUD HO &DPSR 6 $

(PLVLyQ GH 2EOLJDFLRQHV ',&+(0 GHO (FXDGRU 6 $ SRU 86 (PLVLyQ GH 2EOLJDFLRQHV '832&6$ 3URWHFWRUHV 4XLPLFRV SDUD HO &DPSR 6 $ SRU 86 PLOORQHV

GH 'LFLHPEUH GH GH 2FWXEUH GH

(&8$1$9( & $

(PLVLyQ GH 2EOLJDFLRQHV (&8$1$9( & $ SRU 86 PLOORQHV

(FXDYHJHWDO 6 $ ('(6$ 6 $ (QHUJ\ 3DOPD (1(5*<3$/0$ 6 $ (7,&$ (PSUHVD 7XUtVWLFD ,QWHUQDFLRQDO & $ )DEULFD GH (QYDVHV 6 $ )$'(6$ )HUWLOL]DQWHV \ $JURTXLPLFRV (XURSHRV (XURIHUW 6 $ )XQGDFLyQ SDUD HO 'HVDUUROOR ,QWHJUDO (632,5 )DFWRU / 2 * 5 2 6 GH (FXDGRU 6 $

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV (FXDYHJHWDO \ ORV YDORUHV 97& (FXDYHJHWDO SRU 86 PLOORQHV )LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH )LGHLFRPLVR 7LWXODUL]DFLyQ GH )OXMRV ('(6$ SRU 86 PLOORQHV (PLVLyQ GH 2EOLJDFLRQHV (QHUJ\ 3DOPD (1(5*<3$/0$ 6 $ SRU 86 PLOORQHV (PLVLyQ GH 2EOLJDFLRQHV D &RUWR 3OD]R 3DSHO &RPHUFLDO (QHUJ\ 3DOPD (1(5*<3$/0$ 6 $ SRU 86 PLOORQHV )LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH )LGHLFRPLVR 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV (1(5*< 3$/0$ SRU 86 PLOORQHV (PLVLyQ GH 2EOLJDFLRQHV (7,&$ (PSUHVD 7XUtVWLFD ,QWHUQDFLRQDO & $ SRU 86 PLOORQHV

+RWHOHV 'HFDPHURQ (FXDGRU 6 $ ,PEDXWR 6 $ ,032&20-$+(5 &,$ /7'$ ,PSRUWDGRUD ,QGXVWULDO $JUtFROD 6 $ ,,$6$ ,QFXEDGRUD $QGLQD ,1&8%$1',1$ 6 $ ,QGXVWULDV $OHV & $

)LGHLFRPLVR 0HUFDQWLO GH 7LWXODUL]DFLyQ 'HFDPHURQ (FXDGRU SRU 86 PLOORQHV (PLVLyQ GH 2EOLJDFLRQHV SRU 86 PLOORQHV

GH 1RYLHPEUH GH

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH )LGHLFRPLVR GH 7LWXODUL]DFLyQ GH )OXMRV -DKHU SRU 86 PLOORQHV

GH 'LFLHPEUH GH

)LGHLFRPLVR 0HUFDQWLO &7+ ),0(&7+ 9$&7+ SRU 86

(PLVLyQ GH 2EOLJDFLRQHV GH /DUJR 3OD]R &2'(35(7 6 $ SRU 86 PLOORQHV

GH -XOLR GH

02172

&$7(*25,$ $6,*1$'$

3/$=2

6HULH % &ODVH 6HULH % &ODVH 6HULH % &ODVH 6HULH % &ODVH

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$ $$ $$ $$

GtDV GtDV GtDV GtDV

6HULH $ 6HULH % 6HULH & 6HULH $ 6HULH % 6HULH &

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$$ $$$ $$$ $$$ $$$ $$$

GtDV GtDV GtDV GtDV GtDV GtDV

86 PLOORQHV

$$$

GtDV

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 86

$$ &UHGLW :DWFK $$ &UHGLW :DWFK $$ &UHGLW :DWFK $$ &UHGLW :DWFK $$ &UHGLW :DWFK $$ &UHGLW :DWFK

GtDV GtDV GtDV GtDV GtDV GtDV

$$

GtDV

GH 6HSWLHPEUH GH 6HULH $ &ODVH $ 6HULH $ &ODVH $ 6HULH $ &ODVH $ 6HULH % &ODVH % 6HULH % &ODVH % 6HULH % &ODVH %

GH 6HSWLHPEUH GH

86 PLOORQHV

GH $JRVWR GH

6HULH $ 6HULH %

86 PLOORQHV 86 PLOORQHV

$$ $$

GtDV GtDV

GH -XOLR GH

6HULH $ 6HULH %

86 PLOORQHV 86 PLOORQHV

$$$ $$$

GtDV GtDV

86 PLOORQHV

$$

GtDV

6HULH $ 6HULH %

86 PLOORQHV 86 PLOORQHV

$$ $$

GtDV GtDV

&ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH $ &ODVH % &ODVH $ &ODVH $ &ODVH $ &ODVH $

86 86 86 86 86 PLOORQHV 86 PLOORQHV 86 86 86 86 86

$$$ $$ $ % $$$ $$ $ $$$ $$ $ %

PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV PHVHV

GH 1RYLHPEUH GH

86 PLOORQHV

$$$

GtDV

GH 1RYLHPEUH GH

+DVWD 86 PLOORQHV

$$$

GtDV

86 PLOORQHV 86 PLOORQHV 86 PLOOyQ 86 86

$$$ $$$ $$$ $$ $$

GtDV GtDV GtDV GtDV GtDV

86 PLOORQHV

$$$

GtDV

86 PLOORQHV 86 PLOORQHV

$$$ $$$

GtDV GtDV

86

$$

GtDV

&ODVH $ &ODVH %

86 PLOORQHV 86 PLOORQHV

$$ $$

GtDV

GH 1RYLHPEUH GH

&ODVH $ 6HULH

86 PLOORQHV

$$

GtDV

GH 1RYLHPEUH GH

6HULH $ 6HULH % 6HULH & 6HULH $ 6HULH % &ODVH $ &ODVH %

86 PLOORQHV 86 PLOORQHV 86 PLOORQ 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$$ $$$ $$$ $$$ $$$ $$ $$ $$

GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV

GH $JRVWR GH

GH $JRVWR GH

GH -XOLR GH

6HULH $ 6HULH % 6HULH & 6HULH $ 6HULH %

GH $JRVWR GH GH -XOLR GH

GH 1RYLHPEUH GH GH 'LFLHPEUH GH

6HULH $ 6HULH %

GH 'LFLHPEUH GH GH 6HSWLHPEUH GH GH 'LFLHPEUH GH

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV )$'(6$ SRU 86 PLOORQHV

GH $JRVWR GH

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 6HJXQGD 7LWXODUL]DFLyQ GH )OXMRV )$'(6$ SRU 86 PLOORQHV

GH $JRVWR GH

(PLVLyQ GH 2EOLJDFLRQHV )HUWLOL]DQWHV \ $JURTXLPLFRV (XURSHRV (XURIHUW 6 $ SRU 86 (PLVLyQ GH 3DSHO &RPHUFLDO )HUWLOL]DQWHV \ $JURTXLPLFRV (XURSHRV (XURIHUW 6 $ SRU 86 PLOORQHV

GH 2FWXEUH GH

6HULH $

86 PLOORQHV

$$$

GtDV

7UDPR , 6HULH $ 7UDPR ,, 6HULH $ 7UDPR ,, 6HULH $ 6HULH $ 6HULH % 6HULH & 6HULH $ 6HULH % 6HULH &

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86

$$ &UHGLW :DWFK $$ &UHGLW :DWFK $$ &UHGLW :DWFK $$$ $$$ $$$ $$$ $$$ $$$ $$

GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV

86 PLOORQ

$$

GtDV

6HULH $ &ODVH $ 6HULH $ &ODVH $ 6HULH $ &ODVH $ 6HULH % &ODVH % 6HULH % &ODVH % 6HULH % &ODVH % 6HULH & &ODVH &

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOOyQ 86 PLOORQHV

$$ $$ $$ $$ $$ $$ $$ $$

GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV

6HULH $ 6HULH % 7UDPR , 6HULH $ 7UDPR ,, 6HULH $ 6HULH $ 6XE VHULH 6HULH $ 6XE VHULH 6HULH $ 6XE VHULH 6HULH $ 6HULH % 6HULH & 6HULH $ 6HULH % 6HULH & 6HULH $ 6HULH % 6HULH &

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$$ $$$ $$ $$ $$ $$ $$ $$$ $$$ $$$ $$$ $$$ $$$ $$$ $$$ $$$ $

GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV

&ODVH $ 6HULH &ODVH $ 6HULH &ODVH % 6HULH &ODVH % 6HULH &ODVH & 6HULH &ODVH $ 6HULH &ODVH $ 6HULH &ODVH % 6HULH &ODVH % 6HULH &ODVH & 6HULH 6HULH $ 6HULH %

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOOyQ 86 PLOOyQ 86 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$ $$ $$ $$ $$ $$ &UHGLW :DWFK $$ &UHGLW :DWFK $$ &UHGLW :DWFK $$ &UHGLW :DWFK $$ &UHGLW :DWFK $$$ $$$

GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV

GH 2FWXEUH GH

)LGHLFRPLVR 3ULPHUD 7LWXODUL]DFLyQ GH &DUWHUD GH 0LFURFUpGLWR )XQGDFLyQ (632,5 SRU 86 PLOORQHV

GH $JRVWR GH

(PLVLyQ GH 3DSHO &RPHUFLDO )DFWRU / 2 * 5 2 6 GH (FXDGRU 6 $ SRU 86 PLOORQHV

GH 2FWXEUH GH

GH $JRVWR GH

6HJXQGD 7LWXODUL]DFLyQ GH &DUWHUD &RPHUFLDO ,,$6$ SRU 86 PLOORQHV

GH 6HSWLHPEUH GH

6HJXQGD 7LWXODUL]DFLyQ GH &DUWHUD &RPHUFLDO ,,$6$ 6HJXQGR 7UDPR SRU 86 PLOORQHV

GH 6HSWLHPEUH GH

6HJXQGD 7LWXODUL]DFLyQ GH &DUWHUD &RPHUFLDO ,,$6$ 7HUFHU 7UDPR SRU 86 PLOORQHV

GH 6HSWLHPEUH GH

(PLVLyQ GH 2OELJDFLRQHV ,1&8%$1',1$ 6 $ SRU 86 PLOORQHV

GH 1RYLHPEUH GH

(PLVLyQ GH 2EOLJDFLRQHV GH /DUJR 3OD]R ,QGXVWULDV $OHV & $ SRU 86 PLOORQHV

&/$6(6 2 6(5,(6

āĆ

GH 2FWXEUH GH

(PLVLyQ GH 2EOLJDFLRQHV SRU 86 PLOORQHV

GH -XOLR GH

)LGHLFRPLVR 6HJXQGD 7LWXODUL]DFLyQ GH )OXMRV ,QGXVWULDV $OHV SRU 86 PLOORQHV

GH -XOLR GH


āć

ŏĂĈŏ ŏ ŏ ŏĂĀāĂ

ŏ +. ŏ

(0,625 8 25,*,1$'25

9$/25(6 &$/,),&$'26

)(&+$ '( &$/,),&$&,21

,17 )RRG 6HUYLFHV &RUS

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV )XWXURV GH )RQGRV ,17 )RRG 6HUYLFHV &RUS SRU 86 PLOORQHV

,QWHUYLVDWUDGH 6 $

(PLVLyQ GH 2EOLJDFLRQHV GH /DUJR 3OD]R GH OD &RPSDxtD ,QWHUYLVDWUDGH 6 $ SRU 86 PLOORQHV

GH -XOLR GH

,3$& 6 $

(PLVLyQ GH 3DSHO &RPHUFLDO ,3$& 6 $ SRU 86 PLOORQHV

/D &ROLQD )RUHVWDO +,//)25(67 6 $

(PLVLyQ 6HFXQGDULD GH $FFLRQHV 2UGLQDULDV \ 1RPLQDWLYDV /D &ROLQD )RUHVWDO +,//)25(67 6 $ SRU 86

/DWLHQYDVHV 6 $ /,5,6 6 $

3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV /DWLHQYDVHV SRU 86 PLOORQHV

0$5($872 6 $

)LGHLFRPLVR GH 7LWXODUL]DFLyQ GH )OXMRV 0DUHDXWR SRU 86 PLOORQHV

0DQXIDFWXUDV $UPDGXULDV \ 5HSXHVWRV (FXDWRULDQRV 6 $ 0DUHVD

)LGHLFRPLVR GH 7LWXODUL]DFLyQ GH )OXMRV 0DUHVD SRU 86 PLOORQHV

0D[GULYH 6 $

(PLVLyQ GH 2EOLJDFLRQHV 0D[GULYH 6 $ SRU 86 PLOORQHV

0(*$352)(5 6 $ 0RWUDQVD & $

(PLVLyQ GH 2EOLJDFLRQHV D /DUJR 3OD]R 0(*$352)(5 6 $ SRU 86 PLOORQHV (PLVLyQ GH 3DSHO &RPHUFLDO 0RWUDQVD & $ SRU 86 PLOORQHV

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 6HJXQGD 7LWXODUL]DFLyQ GH )OXMRV )XWXURV GH )RQGRV ,17 )RRG 6HUYLFHV &RUS SRU 86 PLOORQHV

6HJXQGD (PLVLyQ GH 2EOLJDFLRQHV /,5,6 6 $ SRU 86 PLOORQHV

0XQGR 'HSRUWLYR 0('(3257 6 $

(PLVLyQ GH 2EOLJDFLRQHV 0XQGR 'HSRUWLYR 0('(3257 6 $ SRU 86 0LOORQHV

0$48,1$6 < 680,1,67526 0$4680 &,$ /7'$

3ULPHUD (PLVLyQ GH 2EOLJDFLRQHV 0$4680 &,$ /7'$ SRU 86 PLOORQHV

1RYDFHUR 6 $

(PLVLyQ GH 3DSHOHV &RPHUFLDOHV SRU 86 PLOORQHV

2WHFHO 6 $

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH )LGHLFRPLVR GH 7LWXODUL]DFLyQ GH )OXMRV 0RYLVWDU \ ORV YDORUHV 97& 0RYLVWDU SRU 86 PLOORQHV

&/$6(6 2 6(5,(6

(PLVLyQ GH 3DSHO &RPHUFLDO SRU 86 PLOORQHV

$$$ $$$ $$$ $$$ $$$ $$$ $$$ $$$

GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV

&ODVH $

86 PLOORQHV

$$

GtDV

GH -XOLR GH

86 PLOORQHV

$$

GtDV

GH IHEUHUR GH

86

$$

GH 'LFLHPEUH GH

GH 1RYLHPEUH GH

6HULH $ 6HULH % 6HULH & &ODVH &

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$$ $$$ $$$ $$

GtDV GtDV GtDV GtDV

GH 6HSWLHPEUH GH

6HULH $ 6HULH %

86 PLOORQHV 86 PLOORQHV

$$$ $$$

GtDV GtDV

GH 'LFLHPEUH GH

6HULH $ 6HULH %

86 PLOORQHV 86 PLOORQHV

$$$ $$$

GtDV GtDV

GH 2FWXEUH GH

3ULPHU 7UDPR 6HULH $ 6HJXQGR 7UDPR 6HULH $

86 PLOORQ 86 PLOORQ

$$ $$

GtDV GtDV

GH 2FWXEUH GH

6HULH $ 6HULH %

86 PLOORQ 86 PLOORQ 86 PLOORQHV

$$

GtDV

$$

GtDV

&ODVH $ 6HULH &ODVH $ 6HULH &ODVH $ 6HULH &ODVH $ 6HULH

86 PLOORQHV 86 86 86

$$ $$ $$ $$

GtDV GtDV GtDV GtDV

&ODVH $ 6HULH &ODVH $ 6HULH

86 PLOORQHV 86 PLOORQHV

$$ $$

GtDV GtDV

86 PLOORQHV 86 PLOORQHV

$$ $$

GtDV GtDV

GH -XOLR GH

GH 6HSWLHPEUH GH

GH $JRVWR GH

GH $JRVWR GH

&ODVH ( 6HULH &ODVH ( 6HULH &ODVH ( 6HULH &ODVH ) 6HULH &ODVH ) 6HULH &ODVH * 6HULH &ODVH * 6HULH 6HULH $ 6HULH % 6HULH &

86 PLOORQHV

$$

GtDV

86 PLOORQHV

$$

GtDV

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$$ $$$ $$$

GtDV GtDV GtDV

6HULH $ 6HULH % 6HULH &

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$$ $$$ $$$ $$$

GtDV GtDV GtDV GtDV

6HULH $ 6XE VHULH $ 6HULH $ 6XE VHULH $ 6HULH $ 6XE VHULH $ 6HULH % 6XE VHULH % 6HULH % 6XE VHULH % 6HULH % 6XE VHULH %

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$$ $$$ $$$ $$$ $$$ $$$

GtDV GtDV GtDV GtDV GtDV GtDV

GH 'LFLHPEUH GH

6HULH $ 6HULH %

86 PLOORQ 86

$$ $$

GtDV GtDV

GH 6HSWLHPEUH GH

6HULH $ 6HULH %

86 86 PLOOyQ

$$ $$

GtDV GtDV

GH 2FWXEUH GH

6HULH $ 6HULH %

86 PLOORQHV 86 PLOORQHV

$$$ $$$

GtDV GtDV

&ODVH $ 6HULH &ODVH $ 6HULH &ODVH % 6HULH &ODVH % 6HULH &ODVH % 6HULH &ODVH & 6HULH &ODVH & 6HULH &ODVH & 6HULH

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$$

GtDV

$$$

GtDV

$$$

GtDV

GH 1RYLHPEUH GH

GH -XOLR GH GH 6HSWLHPEUH GH

3DFLILFDUG 6 $

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 3ULPHUD 7LWXODUL]DFLyQ )OXMRV /RFDOHV 3$&,),&$5' SRU 86 PLOORQHV

4XtPLFD $ULVWRQ (FXDGRU &LD /WGD

(PLVLyQ GH 2EOLJDFLRQHV GH /DUJR 3OD]R 4XLPLFD $ULVWRQ (FXDGRU &LD /WGD SRU 86 PLOORQHV

6XSHUPHUFDGR GH &RPSXWDGRUDV &RPSXEXVLQHVV &LD /WGD

(PLVLyQ GH 2EOLJDFLRQHV ³6XSHUPHUFDGR GH &RPSXWDGRUDV &RPSXEXVLQHVV &LD /WGD ´ SRU 86 PLOORQHV

3URFHVDGRUD 1DFLRQDO GH $OLPHQWRV & $ 3URQDFD

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 7LWXODUL]DFLyQ GH )OXMRV 3URQDFD \ ORV YDORUHV 97& 3521$&$ SRU 86 PLOORQHV

3/$=2

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

GH 1RYLHPEUH GH

3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV )XWXURV 1RYDFHUR SRU 86 PLOORQHV

&$7(*25,$ $6,*1$'$

6HULH $ 6HULH $ 6HULH $ 6HULH $ 6HULH $ 6HULH $ 6HULH $ 6HULH $

GH 'LFLHPEUH GH

GH 6HSWLHPEUH GH

(PLVLyQ GH 2EOLJDFLRQHV 1RYDFHUR SRU 86 PLOORQHV

02172

GH $JRVWR GH

3URGXFWRUD &DUWRQHUD 6 $

(PLVLyQ GH 2EOLJDFLRQHV GH /DUJR 3OD]R 3URGXFWRUD &DUWRQHUD 6 $ SRU 86 PLOORQHV

4XLIDWH[ 6 $

)LGHLFRPLVR 0HUFDQWLO 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV 4XLIDWH[ 6 $ SRU 86 PLOORQHV

GH 1RYLHPEUH GH

6HULH $ 6HULH %

86 PLOORQHV 86 PLOORQHV

$$$ $$$

GtDV GtDV

6HJXQGR (OR\ &RUUDOHV H +LMRV 6HFRKL &tD /WGD

(PLVLyQ GH 2EOLJDFLRQHV 6HJXQGR (OR\ &RUUDOHV H +LMRV 6(&2+, &,$ /7'$ SRU 86 PLOORQHV

GH 6HSWLHPEUH GH

6HULH $ 6HULH %

86 PLOORQHV 86 PLOORQHV

$ $

GtDV GtDV

&ODVH $ 6HULH &ODVH $ 6HULH &ODVH $ 6HULH &ODVH $ 6HULH &ODVH $ &ODVH %

$$ $$ $$ $$ $$ $$ $$$

GtDV GtDV GtDV GtDV GtDV GtDV GtDV

6XSHUGHSRUWH 6 $ 6252$ 6 $

GH $JRVWR GH

(PLVLyQ GH 2EOLJDFLRQHV 6252$ 6 $ SRU 86 PLOORQHV

GH 1RYLHPEUH GH

4XLQWD 7LWXODUL]DFLyQ &DUWHUD &RPHUFLDO &RPDQGDWR SRU 86 PLOORQHV

GH 'LFLHPEUH GH

86 PLOORQHV 86 PLOORQHV 86 86 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

7HOEHF 6 $

6H[WD 7LWXODUL]DFLyQ &DUWHUD &RPHUFLDO ± &RPDQGDWR SRU 86 PLOORQHV

GH 'LFLHPEUH GH

86 PLOORQHV

$$$

GtDV

GH 2FWXEUH GH

86 PLOORQHV

$$$

GtDV

2FWDYD 7LWXODUL]DFLyQ &DUWHUD &RPHUFLDO &RPDQGDWR SRU 86 PLOORQHV

GH -XOLR GH

86 PLOORQHV

$$$

GtDV

&ODVH 6HULH $ &ODVH 6HULH $ &ODVH 6HULH $ &ODVH 6HULH $

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$ $$ $$ $$ $$

GtDV GtDV GtDV GtDV GtDV

6HULH $ 6HULH %

86 PLOORQHV 86 PLOORQHV

$$$ $$$

GtDV GtDV

&ODVH ) &ODVH * &ODVH ' &ODVH ( &ODVH & 6HULH &ODVH & 6HULH &ODVH & 6HULH

86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV 86 PLOORQHV

$$$ $$$ $$$ $$$ $$$ $$$ $$$ $$$

GtDV GtDV GtDV GtDV GtDV GtDV GtDV GtDV

6HJXQGD (PLVLyQ GH 2EOLJDFLRQHV 6XSHUGHSRUWH 6 $ SRU 86 PLOORQHV

6pSWLPD 7LWXODUL]DFLyQ &DUWHUD &RPHUFLDO ± &RPDQGDWR SRU 86 PLOORQHV

GH $JRVWR GH

7HRMDPD &RPHUFLDO 6 $ 7pFQLFD \ &RPHUFLR GH OD 3HVFD & $ 7(&23(6&$

(PLVLyQ GH 2EOLJDFLRQHV 7HRMDPD &RPHUFLDO 6 $ SRU 86 PLOORQHV

GH 1RYLHPEUH GH

(PLVLyQ GH 2EOLJDFLRQHV 7HRMDPD &RPHUFLDO 6 $ SRU 86 PLOORQHV

GH 1RYLHPEUH GH

9HFRQVD 6 $

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV 9HFRQVD \ ORV YDORUHV 97& 35,0(5$ 9(&216$ SRU 86 PLOORQHV

GH 1RYLHPEUH GH

=DLPHOOD GHO (FXDGRU 6 $

(PLVLyQ GH 3DSHO &RPHUFLDO =DLPHOOD GHO (FXDGRU 6 $ SRU 86 PLOORQHV &XDUWD (PLVLyQ GH 2EOLJDFLRQHV GH /DUJR 3OD]R SRU 86 PLOORQHV

GH 2FWXEUH GH GH -XOLR GH

)LGHLFRPLVR 0HUFDQWLO ,UUHYRFDEOH 3ULPHUD 7LWXODUL]DFLyQ GH )OXMRV 7(&23(6&$ SRU 86 PLOORQHV

7HUFHUD (PLVLyQ GH 2EOLJDFLRQHV GH /DUJR 3OD]R =DLPHOOD GHO (FXDGRU SRU 86 PLOORQHV

6HJXQGD (PLVLyQ GH 2EOLJDFLRQHV GH /DUJR 3OD]R =DLPHOOD GHO (FXDGRU SRU 86 PLOORQHV

GH 2FWXEUH GH

GH -XOLR GH

GH -XOLR GH

/DV FDOLILFDFLRQHV GH 3&5 3$&,),& &5(',7 5$7,1* FRQVWLWX\HQ XQD HYDOXDFLyQ VREUH HO ULHVJR LQYROXFUDGR \ XQD RSLQLyQ VREUH OD FDOLGDG FUHGLWLFLD \ OD PLVPD QR LPSOLFD UHFRPHQGDFLyQ SDUD FRPSUDU YHQGHU R PDQWHQHU XQ YDORU QL XQD JDUDQWtD GH SDJR GHO PLVPR QL HVWDELOLGDG GH VX SUHFLR

(FRQ /XLV 5 -DUDPLOOR -LPpQH] 0%$ *HUHQWH *HQHUDO


7'.13 ĹŠ ĹŠ"#3#-#1ĹŠ 31;Ä&#x192;!.ĹŠ"#ĹŠ/#12.- 2ĹŠ

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

^ Â&#x161; BW XWdZW [ijWZe#

kd_Z[di[ Z_`e [ijWh fh[# eYkfWZW feh [b Wkc[dje Z[b jh|Ă&#x2019;Ye Z[ f[hiedWi$ ;b ]hkfe fh[i[djW ik j[hY[h |bXkc" Ă&#x2C6;;lWd[iY[dY[Ă&#x2030;" Z[b

43.1(9 " ĹŠ

Ĺ&#x2014;ĹŠĹŠ;b 9ed]h[ie c[n_YWde YedY[Z_Â&#x152; f[hc_ie Yedij_#

Ĺ&#x2014;ĹŠĹŠ

BW YWdjWdj[ CWh_W^ 9Wh[o YbWkikhWh| [b fhÂ&#x152;n_ce (, Z[ cWoe [b \[ij_lWb CWmWp_d[" [b cWoeh Z[ CWhhk[Yei" gk[ i[ Y[b[XhW [d bW Y_kZWZ Z[ HWXWj" WfkdjWhed bei eh]Wd_# pWZeh[i Z[b [l[dje" W jhWlÂ&#x192;i Z[ kd Yeckd_YWZe$ ĹŠ

-ĹŠ !Ă&#x152;23(!.ĹŠ

Ĺ&#x2014;ĹŠ ĹŠAob_[ C_de]k[ ^W bWd# pWZe kdW l[hi_Â&#x152;d WYÂ&#x2018;ij_YW Z[b j[cW Ă&#x2C6;<_d[h \[[b_d]iĂ&#x2030; Z[ IjeYa WdZ MWj[hcWd" Yece fWhj[ Z[ bWi Z_ij_djWi WYY_ed[i gk[ bW Whj_ijW f_[d# iW bb[lWh W YWXe [ij[ (&'( fWhW Y[b[XhWh iki (+ WÂ&#x2039;ei Z[ YWhh[hW cki_YWb$

Ä&#x201C;ĹŠ 3#ĹŠ ",(3#ĹŠ04#ĹŠ-.ĹŠ+#ĹŠ%423 ĹŠ2#1ĹŠ. 2#15 " ĹŠ !4 -".ĹŠ5 ĹŠ ĹŠ4-ĹŠ2(3(.ĹŠ/Ă&#x152; +(!.Ä&#x201C;

ĹŠ ĹŠ

#-(#% ĹŠ "#ĹŠ 6(33#1ĹŠ

ĹŠ3./ĹŠ,."#+ĹŠ 1(3;Äą -(! ĹŠ#2ĹŠ!.-31 1( ĹŠ ĹŠ + ĹŠ1#"ĹŠ2.!( +ĹŠ8ĹŠ"(!#ĹŠ "#$#-"#1ĹŠ24ĹŠ5(" ĹŠ /1(5 " Ä&#x201C;ĹŠ

gk[ [b ^[Y^e Z[ gk[ bW ][dj[ i[fW be gk[ [ijeo ^WY_[dZe [d jeZe cec[dje$ I_cfb[c[dj[ de be [dj_[dZe$ De be f_bbe [d WXiebkje$ ÂľFeh gkÂ&#x192; gk[hhÂ&#x2021;Wd iWX[hbe5Ă&#x2021;" Z_`e Ceii" [djh[ h_iWi$ Ă&#x2020;?dj[dje `kijWc[dj[ be Yed# jhWh_e" gk[ dWZ_[ i[fW dWZW Z[ be gk[ ^W]eĂ&#x2021;" W]h[]Â&#x152;$ 7kdgk[ de h[d_[]W Z[ bei

Ä&#x201D;ĹŠ Â&#x161; AWj[ Ceii [i YedjhWh_W W ZWh Z[jWbb[i Wb c_dkje Z[ ik l_ZW Wif[Yjei fei_j_lei Z[ bW \WcW" [d Jm_jj[h o b[ [dYWdjW bW Ă&#x2020;j[b[XW# bW ceZ[be h[YedeY[ gk[ b[ ]ki# ikhWĂ&#x2021;" i[]Â&#x2018;d YedĂ&#x2019;[iW [d kdW jWhÂ&#x2021;W de i[dj_hi[ jWd eX# [djh[l_ijW fkXb_YWZW Wo[h feh i[hlWZW YkWdZe [djhW ĹŠ [d kd ikf[hc[hYWZe$ [b Z_Wh_e J^[ J_c[i$ Ceii" Z[ ). WÂ&#x2039;ei o XWijWd# j[ h[WY_W W ^WXbWh Yed bW fh[d# 3#ĹŠ .22ĹŠ$4#ĹŠ #ĹŠ%423 ĹŠ+ ĹŠÄĽ3#+# 241 ÄŚ BW ceZ[be [nfb_YW iW" YedY[Z_Â&#x152; [iW [djh[l_ijW -.5( ĹŠ"#ĹŠ .'--8ĹŠ #//ĹŠ#-ĹŠ24ĹŠ(-(Äą Z[djhe Z[ bW YWcfWÂ&#x2039;W Z[ fhe# !(.2ĹŠ#-ĹŠ#+ĹŠ,4-".ĹŠ YÂ&#x152;ce [i kd i|XWZe dehcWb fWhW [bbW0 Ă&#x2020;?h W ceY_Â&#x152;d Z[ bW dk[lW Yeb[YY_Â&#x152;d "#ĹŠ+ ĹŠ,." Ä&#x201C;ĹŠ fh_cWl[hW#l[hWde Z[ bW Ă&#x2019;hcW kd fkX o l[h j[b[XWik# [ifWÂ&#x2039;ebW CWd]e" Z[ bW gk[ [i hW$ C[ [dYWdjW bW j[b[# _cW][d o gk[ fh[i[djÂ&#x152; [ijW i[cWdW XWikhWĂ&#x2021;$ [d BedZh[i$ >WX_jkWb Z[ bWi fehjWZWi ;b Â&#x192;n_je ckdZ_Wb Z[ bW h[Z ieY_Wb Z[ bei Z_Wh_ei i[diWY_edWb_i# Jm_jj[h de ^W i[ZkY_Ze W bW ikf[h# jWi Xh_j|d_Yei feh ik WĂ&#x2019;Y_Â&#x152;d ceZ[be" \WceiW ZkhWdj[ WÂ&#x2039;ei feh W bei [nY[iei" Ceii i[ YWiÂ&#x152; [b ik Yedjhel[hj_ZW l_ZW fh_lWZW" fk[i fWiWZe l[hWde Yed [b ]k_jW# fh[Ă&#x2019;[h[ fhej[][h ik _dj_c_ZWZ$ hh_ijW Z[ bW XWdZW J^[ A_bbi" Ă&#x2020;De fk[Ze _cW]_dWh Wb]e f[eh @Wc_[ >_dY[$

@D989LI8 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef ()-,0 mXcfi )',#)' [\ cX :kX% :k\% Ef% *('.'*.('+ g\ik\e\Z`\ek\ X :FFG<I8K@M8 ;< KI8EJGFI$ K< =CFK8 @D989LI8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& , d^ CFJ I@FJ

HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef */(0 mXcfi **'#.' [\ cX :kX% :k\% Ef% *(./*-+0'+ g\ik\e\Z`\ek\ X HL@EFE<Q D@>L<Q#EFID8$ I8HL<C [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& - d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef (..) [\ cX :kX% :k\% Ef% **+'+,/('+ g\ik\e\Z`\ek\ X :<;<EF DL$ EFQ# I8D@IF$@>E8:@F [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& . d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef ).' mXcfi ).'#'' [\ cX :kX% :k\% Ef% *+-'.0)/'+ g\ik\e\Z`\ek\ X M8C8I<QF =8I@8J#8C<O8E;I8$<JK?<I [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`f$ i\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& / d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef /(., Xc /(.- [\ cX :kX% :k\% Ef% **,+('))'+ g\ik\e\Z`\ek\ X >8M@:8 :<IM8EK<J#M@:<EK<$ J<D<FE [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i}

$ -( $(* " (

YkWb i[ Z[ifh[dZ[ ik i[d# Y_bbe Ă&#x2C6;Co ^[Whj _i Xhea[dĂ&#x2030;" Z[Z_YWZe W bWi lÂ&#x2021;Yj_cWi Z[ [ijW fh|Yj_YW$

i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& 0 d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef ).0( Xc )/0' [\ cX :kX% :k\% Ef% *(.)-00*'+ g\ik\e\Z`\ek\ X DFE:8PF Q8M8C8# J@OKF$ I<E< [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& (' d^

D8E89@

HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef ),, mXcfi (),#,* [\ cX :kX% :k\% Ef% *+.).)-''+ g\ik\e\Z`\ek\ X J<KK@ :?FE@CCF# >89I@<C8$ O@FD8I8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& (( d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef ..( Xc ..) [\ cX :kX% :k\% Ef% *+0.)/..'+ g\ik\e\Z`\ek\ X @E$ KI@8>F GFE:<#><D8$C@JJ<$ K? [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`f$ i\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& () d^

G@:?@E:?8

HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef 0'++* mXcfi (0/#0' [\ cX :kX% :k\% Ef% *(-*.00('+ g\i$ k\e\Z`\ek\ X LE@FE ;< G8C$ D<IFJ LE@G8C J%8% [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& (* d^

J8EKF ;FD@E>F

HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef *'*) [\ cX :kX% :k\% Ef% *+)('/+-'+ g\ik\e\Z`\ek\ X :8JK@CCF FI<CC8E8#A8:@EKF$ IF9<IKF [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& (+ d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef )0)- [\ cX :kX% :k\% Ef% *+)('/+-'+ g\ik\e\Z`\ek\ X :8JK@CCF FI<CC8E8#A8:@EKF$ IF9<IKF [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& (, d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef *'*+ [\ cX :kX% :k\% Ef% *+)('/+-'+ g\ik\e\Z`\ek\ X :8JK@CCF FI<CC8E8#A8:@EKF$ IF9<IKF [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& (- d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef ,)0 [\ cX :kX% :k\% Ef% *+0/.*/*'+ g\ik\e\Z`\ek\ X 98II<EF G8II8#AFI><$IF$ 9<IKF [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& (. d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef ,-- [\ cX :kX% :k\% Ef% *)./0(.,'+ g\ik\e\Z`\ek\ X D<I8 Q8D9I8EF# 8E><C$ =IFN<E [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj

$ -( $(* " (

!#

$() " * '%& % $)'% ' & (

!#

$() " * '%& % $)'% ' & (

,,, * +% % % $) " %#

,,, * +% % % $) " %#

gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& (/ d^

KLE>LI8?L8

HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef +*- [\ cX :kX% :k\% Ef% *++))**+'+ g\ik\e\Z`\ek\ X G8I<;<J 98IIFJF# >L@CC<I$ DF$ [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`f$ i\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& (0 d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef )', mXcfi (,'#'' [\ cX :kX% :k\% Ef% **.,'+*,'+ g\ik\e\Z`\ek\ X 98P8J C<D8:?<#:8ICFJ$ 9LC>8E@E [\c 9XeZf G`Z_`e$ Z_X% Hl`\e k\e^X [\i\Z_f [\$ Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& )' d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef )'- mXcfi (,'#'' [\ cX :kX% :k\% Ef% **.,'+*,'+ g\ik\e\Z`\ek\ X 98P8J C<D8:?<#:8ICFJ$ 9LC>8E@E [\c 9XeZf G`Z_`e$ Z_X% Hl`\e k\e^X [\i\Z_f [\$ Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& )( d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef )0( Xc *0' [\ cX :kX% :k\% Ef% *+.+''(/'+ g\ik\e\Z`\ek\ X M@<I8 G8II8#D8I>8I@K8$ A@D<E8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& )) d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef +(.+ mXcfi /'#'' [\ cX :kX% :k\% Ef% *(+--/).'+ g\ik\e\$ Z`\ek\ X =LE;8:@FE 8J@JK<E$ :@8 JF:@8C A<JLJ D< 8D8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& )* d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef (*0( Xc (+,' [\ cX :kX% :k\% Ef% *(+,-./''+ g\ik\e\Z`\ek\ X 9L:?<C@ :<M8CCFJ# C8LI8$ I<E<< [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& )+ d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef (('+ [\ cX :kX% :k\% Ef% *+('0(+/'+ g\ik\e\Z`\ek\ X DFI8C<J 8D8E# FJ:8I$D8LI@:@F [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& ), d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef ((', [\ cX :kX% :k\% Ef% *+('0(+/'+ g\ik\e\Z`\ek\ X DFI8C<J 8D8E# FJ:8I$D8LI@:@F [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& )- d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef ,.+ [\ cX :kX% :k\% Ef% *+*(-.0/'+ g\ik\e\Z`\ek\ X D8CLJ@E >LK@<II<Q#<;@K?$ D8I@8E8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& ). d^ 444444

ĹŠ

ĹŠ

$/ 325 0$<25 < 0(125 9HQWD GH SXQWDOHV 8/0$ VHPLQXHYRV UHIRU]DGR $/ &217$'2 < &5e',72 7HOIV &RUUHR GLVWULEXLGRUD DOYDUHVD#\DKRR HV 6$172 '20,1*2 (&8$'25

$/ 325 0$<25 < 0(125 9HQWD GH SXQWDOHV 8/0$ VHPLQXHYRV UHIRU]DGR $/ &217$'2 < &5e',72 7HOIV &RUUHR GLVWULEXLGRUD DOYDUHVD#\DKRR HV 6$172 '20,1*2 (&8$'25

ĹŠ

ĹŠ

0/=

-ĹŠ!+ 4241 ĹŠ

<JD<I8C;8J

HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef )-0 mXcfi -'#'' [\ cX :kX% :k\% Ef% *,')0,0-'+ g\ik\e\Z`\ek\ X >L8EFCL@J8 :?@CL@J8#<;N@E$ [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`f$ i\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& ( d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef ).* mXcfi +'#'' [\ cX :kX% :k\% Ef% *,')0,0-'+ g\ik\e\Z`\ek\ X >L8EFCL@J8 :?@CL@J8#<;N@E$ [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`f$ i\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& ) d^ 444444 HL<;8 8ELC8;F Gfi G<I;@;8 [\c :_\hl\ Ef *0(. [\ cX :kX% :k\% Ef% **/(*,--'+ g\ik\e\Z`\ek\ X E8IM8<Q :89I<I8#D8I@8E8$ ;< A<JLJ [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZX$ Z`Â?e% 8:& * d^ 444444 HL<;8 8ELC8;F Gfi IF9F [\c :_\hl\ Ef -,( [\ cX :kX% :k\% Ef% **++.()*'+ g\ik\e\Z`\ek\ X ?@EFAFJ8 D@$ I8E;8# @ID8$B8K?<I@E< [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [Â&#x2C6;Xj gfjk\i`fi\j X cX Â&#x2019;ck`dX glYc`ZXZ`Â?e% 8:& + d^

0/=

jkY_edWb W bW WYjh_p IWbcW >Wo[a fWhW gk[ WY[fj[ bW 9edZ[YehWY_Â&#x152;d Z[ bW EhZ[d Z[ bW B[]_Â&#x152;d Z[ >edeh" [d =hWZe Z[ 9WXWbb[he" gk[ b[ ejeh]Â&#x152; [b =eX_[hde Z[ bW H[fÂ&#x2018;Xb_YW <hWdY[iW$ĹŠ

Ä Ä&#x2C6;


āĉ

¡

Ċŋ

?% D8I:<CF D<A@8 I% _d\a`X7cX_fiX%Zfd%\Z

ĂĈŏ ŏ ŏ ŏĂĀāĂŏ

ŏ +. Čŏ

3/$1(7$ )/8-2 52&Ì2 '(6,1)(&&,Ð1

'(675(=$

Yed [b j_[cfe" fk[i W^ehW Yk[djW Yed bW YedZkYY_ d Z[ ;h_aW L b[p" @[ii[d_W >Wjj_" EimWbZe I[]khW" 9Whbei @ei CWjWcehei" FWbecW <_kpW o =[elWddo :kfb[_dj [d =kWoWgk_b" o [d Gk_je" Yed ;ij[XWd L[hZ[ieje" 7h[dW" Ij[f^Wd_[ J[`WZW o :Wh e B[ d" gk_[d[i jeZWi bWi jWhZ[i Z[ bkd[i W l_[hd[i dei j[dZh|d _d\ehcWZei Z[ bWi _dY_Z[dY_Wi Z[ bei [iY|dZWbei" hecWdY[i" hkfjkhWi o jeZe Wgk[bbe gk[ cWhYW Wb [if[Yj|# Ykbe dWY_edWb$

$3Ð&23( '(

21'$

48(5(5

6(5 68),(17( 3$5$ $/*2

&219,&7$ 6Ì0%2/2 '(

2(67(

&$5%212

(10(1'$5 &255(*,5

3(f$6&2

021('$ '( $/(0$1,$

$)/8(17(

0$'5(

$)Ð1,&2

,1+$/$5

&$552 (1

6Ì0%2/2 '(

$5$5

'(63/20$56( $&&,Ð1 '( 7$6$5

-817$5

&,8'$' '( -$3Ð1 52('25 3/$7$ 6,*12 =2',$&$/

0

7

$ 5 $ /,(%5( '( /$ 3$7$*21,$ 92/&É1 '(/ (&8$'25

$ /

$&725 '( /$ 3(/Ì&8/$ 63,'(50$1

3 $

$ 3(5(=262 '(/ %5$6,/ (67$'2 '( $6,$

1

,

5

,

$&75,= '( /$ 3/(Ì&8/$ 7+( &2163,5$725

$

&

5

&

6

+8(62 '( /$ &$'(5$

$ 5

$'5( '( (6Ô6 0%$5&$&,Ð1 0$5Ì7,0$

$

*

5

, $ 0 5 (-

7

$

$

$ 5(3(5&86,Ð1

0

(

$ 6(f$/ +8(//$ $'9(5%,2 '( &$17,'$'

(675(//$ (1 ,1*/e6

0

&

$

(6&5,725

0$1*2 $6,'(52 0(;,&$12

5 & /

/

$

7$17$/,2

)/(&+$6

2

$57Ì&8/2

6Ì0%2/2 '(

& 2 3$5$ ',63$5$5

2 $

8

,

(

$

5

$

(0%$5&$&,Ð1 '(/ ',/89,2 $02-21$5

$

&

2

$

5

2

0

5

62%5(120%5(

',26$ '( /$ 7,(55$

021('$ '( $/(0$1,$

6 $

5

5 2 52<$ '( /26 &(5($/(6

$612 6$/9$-(

7

)(0(1,12

$

&(/(%5,'$'(6 ?FEFI< ;< 98CQ8: (.00 $ (/,' :yC<9I< EFM<C@JK8 =I8E:yJ% LEF ;< CFJ <J:I@KFI<J DÝJ EFK89C<J ;<C DLE;F% JL GIF;L:$ :@äE =L< :FG@FJ8

9$6,-$ *5$1'( '( 0(7$/ $55$6$5 '(6758,5

& 6(&5(7$

$127$5

7

$

6

0$0Ì)(52 0867e/,'2 &219,'$5 ,19,7$5

$

%

3,&$ ,*8$/'$' (1 /$ 683(5),&,(

% 2 )8(57( 5Ì*,'2

,*8$/

/ $

5 )$-$ &,17$

2

5 (

$

6

,

1

92&$/

7(50,1$&,Ð1

$

5

5

$

7

$

5

$

)5$*$1&,$

9(5%$/

'( ,7$/,$

,

/ 2

1

$

*

5

8

5

2

5

$

$ 5

$ /

+8(/*$ 6(f$/

2

&,&$75,=

3$3$*$<2

$

$

0

(1*$f2

5

1

$

'

$

$

/

(

5

2

5

$

'

$

5

(

/$1$ 3,1725 (63$f2/

3$57( '(/ +8(92

)587$

$)e5(6,6 '( 1$32/,7$12

3$57( ,1)(5,25 '(/ 7(-$'2

/

$

2

&

'

$

$

1

3(/'$f2 )$026$

2 9$7,2

:

$

5

$

/ $ 6Ì0%2/2 '( +,'5Ð*(12

$'9(5%,2 '( /8*$5

, *

2

1

$

7

$

&

0$7$'(52 '( 5(6(6 6Ì0%2/2 '(

%

$

5

7$%(51$

5Ì2 '( $/(0$1,$ 6Ì0%2/2 '(

)(0(1,12 6(f25 $%5(9,$'2

89$ 6(&$ 5Ì2 '( )5$1&,$ 0$'5( '( -(6Ô6 08-(5 '( &$7$/8f$

52(17*(1

Ċŋ

}

ŗũ ũũKdW j[b[del[bW ZedZ[ jh[i WZeb[iY[dj[i Z[ bW WbjW ieY_[#

(42#//#ũ #1"(

ZWZ hecf[d Yed bei fWjhed[i [ijWXb[Y_Zei feh iki fWZh[i o" Yece YWij_]e" ied [dl_WZWi W kdW [iYk[bW Z[ ceZWb[i$ BWi Y^_YWi XkiYWh|d [b Wceh" bW Wc_ijWZ o j[dZh|d gk[ b_Z_Wh Yed bei fheXb[cWi gk[ b[i YWkiW bW cWbW h[bWY_ d Yed ik \Wc_b_W$ ;b j[cW cki_YWb fh_d# Y_fWb" ÈBeb_jWÉ" Yehh[ W YWh]e Z[ bW YWdjWdj[ c[n_YWdW 8[b_dZW$

ĸĈđĈĊıĈĒćĈĹ

ŗũũ9ecfei_jeh _jWb_Wde Z[ f[hW ck[h[ kd Z W Yece ^eo [d C_b|d$ ;i [b Wkjeh Z[ Wb]kdei Z[ bei j jkbei c|i fefkbWh[i Z[b h[f[hjeh_e b h_Ye ckdZ_Wb" Yece ÈH_]eb[jjeÉ" ÈBW JhWl_WjWÉ" È?b JhelWjeh[É È7 ZWÉ" È:ed 9WhbeÉ" ÈEj[bbeÉ" ÈDWXkYeÉ o È<WbijWõÉ$ Ik [n_jeiW YWhh[hW b[ f[hc_j_ [nf[h_c[djWh Yed kd [ij_be c|i f[hiedWb [d iki f[hWi o fh[i_edWh W b_Xh[j_ijWi o [cfh[# iWh_ei fWhW gk[ Whh_[i]WhWd kd feYe c|i$ ;djh[ iki eXhWi de ef[h ij_YWi ied cko \WceiWi [b È7l[ CWh WÉ" [b ÈJ[ :[kcÉ o bW ÈC_iW Z[ h gk_[cÉ$

: ũ }

!#-ũ(-5(2( +#ũ ũ4-ũ. )#3.ũ31("(,#-2(.- + ikf[hW W bW ÒYY_ d o bW b[o[dZW Z[b ^ecXh[ _dl_i_Xb[ fk[Z[ gk[ [d kd j_[cfe de i[W iebe kd c_je$ I[] d fkXb_YW 789" kd ]hkfe Z[ _dl[ij_]WZeh[i Z[ bW Kd_l[hi_ZWZ Z[ J[nWi ;;$KK$ ^W Yedi[]k_Ze feh fh_c[hW l[p ^WY[h _dl_i_Xb[ kd eX`[je jh_Z_c[di_edWb Wb W_h[ b_Xh[$ >WijW [b Z W Z[ ^eo" bW Y_[dY_W iebe ^WX W Yedi[]k_Ze gk[ ÈZ[iWfWh[# Y_[i[dÉ eX`[jei X_Z_c[di_edWb[i" f[he [ijei Y_[dj ÒYei ^Wd Z[cei# jhWZe gk[ i[ fk[Z[ ^WY[h _dl_i_Xb[

: ũũ

62',2

+

0 %,/,6 ,5$

$57Ì&8/2

$3Ð&23( '( 3$3É

',26 (1 (/ ,6/$0

ĸ, 8.ũĉĈũıũ)4-(.ũĉĈĹ "ēũ 42! 1;ũ04#ũ"#-31.ũ"#ũ24ũ'.% 1ũ3.".ũ #23_ũ1#+4!(#-3#ũ8ũ+(,/(.ēũ 5(3#ũ2#1ũ#7 %#1 ı ".ũ#-ũ+.2ũ"#3 ++#2ũ8ũ,(-4!( 2ēũ Ėũ _)#2#ũ%4( 1ũ/.1ũ+ ũ#7/#1(#-!( ũ!.,.ũ/.1ũ 4- ũ, #231 ũ2 ( ē

$1725&+$

0

6Ì0%2/2 '(

^ ũ

0$+20(7$12

$'0,5$'25

+$%,7$5

7(-,'2 '(

2

75,81)$5

$/7$5

/,67$

'

6

/

3$'(&,0,(172

&,8'$' '( 9(1(=8(/$ 6(*81'$

6

'21$5

(1)(50('$'

5

1

&$%2 521=$/

7

'(60$<$5 '(6)$//(&(5

)$0,/,$ (6326$ '( $%5$+$0

3$72

(

&$0,1$5 /,%52 6$*5$'2

92/&É1 '(/ (&8$'25 +2*$5

6ROXFLyQ DQWHULRU

0

ĸ 1(+ũĉćũıũ, 8.ũĉćĹ 1.!41#ũ +(,#-3 1ũ#+ũ#%.ũ2#ũ24ũ/ 1#) ũ 8ũ';% +#ũ5#1ũ+.ũ5 +(.2 ũ8ũ 4#- ũ04#ũ#2ēũ 42ũ'().2ũ2#ũ!.,/.13 1;-ũ"#ũ,.".ũ,;2ũ '4,(+"#ũ8ũ2#15(!( +ēũ Ėũ 1#!#ũ 04#ũ-.ũ5(5(,.2ũ+.ũ24ă!(#-3#ũ/ 1 ũ3., 1ũ+ ũ 5(" ũ#-ũ2#1(.ē ũ

&21&8%,1$

%58f,5 +251($5 *$//$5'2 $'21,6

2

BW h[Wb_ZWZ i_[cfh[

ũũ

7$3,5

&$17$17( &20326,725 < 352'8&725 '( 38(572 5,&2

6Ì0%2/2 '(

YkWbgk_[h eX`[je i_d gk[ i[ iec[jW W YedZ_Y_ed[i Z[ bWXehWjeh_e$ I[] d [b Whj Ykbe fkXb_YWZe [d ÈD[m @ekhdWb e\ F^oi_YiÉ" [b c jeZe [cfb[WZe i[ Z[dec_dW È[dYkXh_c_[dje fbWic d_YeÉ o Yed b bei _dl[ij_]WZeh[i Yedi_]k_[hed ^WY[h _dl_i_Xb[ fWhW kd hWoe Z[ c_YheedZWi kd jkXe Y_b dZh_Ye Z[ '. Yc$ 7ÒhcWd" WZ[c|i" gk[ bW _dl_i_# X_b_ZWZ \kdY_edW Z[iZ[ YkWbgk_[h Z_h[YY_ d" [i Z[Y_h" _dZ_\[h[dj[ W bW fei_Y_ d gk[ eYkf[ [b eXi[hlWZeh$ 7kdgk[ W d de i[ ^W Yedi[]k_Ze

ĸ$# 1#1.ũĉćũıũ, 19.ũĉćĹũ

ũ5(" ũ"#ũ/ 1#) ũ2#1;ũ,;2ũ!#1! - ũ8ũ ,ı .2ũ2#1;-ũ!.-2!(#-3#2ũ"#ũ242ũ1#2/.-2 (ı +(" "#2ũ8ũ"# #1#2ēũ 1.!41#ũ(-8#!3 1+#ũ +%.ũ "#ũ#,.!(¢-ũ ũ24ũ5(" ũ, 1(3 +ēũũ ı Ėũ 5(3#ũ(1ũ ũ+ ũ"#1(5 ũ2(-ũ14, .ũă).ē ĸ, 19.ũĉĈũıũ 1(+ũĈĒĹ

2ũ/#12.- 2ũ04#ũ#23;-ũ ũ24ũ2#15(!(.ũ2#1;-ũ 1#2/.-2 +#2ũ8ũ!4,/+(1;-ũ ũ! +(" "ũ!.-ũ 242ũ. +(% !(.-#2ēũ 4("#ũ24ũ2(23#, ũ"(%#2ı 3(5.ēũ Ėũ 4ũ(, %(- !(¢-ũ/4#"#ũ /1.5.! 1ũ#-ũ24ũ5(" ũ-4#5 2ũ1# +(" "#2ē

5$',2

,1*/e6

ũũ

ũũ

$&&,Ð1 '(

'(3$57$0(172 '( 1,&$5$*8$ 81,),&$5

( %

ĔũĈĈĖćć

0$5683,$/ $8675$/,$12

&$3,7$/ '( ,7$/,$

92/&É1

<

( 2ũ, +

$'25$5

%2&$ '(/

$&75,= &$17$17( < &20326,725$ 0(;,&$1$

/$%5$5

3/$17$

$0$55$5

ĔũĈČĖćć

(63(&,( '( %Ô)$/2 3,*0(2

&,8'$' '( )5$1&,$ (67$'2 '( 9(1(=8(/$

6$172

,.2ũ!.-ũ3.".ũ

ĸ#-#1.ũĉćũıũ$# 1#1.ũĈĒĹ 42ũ#,.!(.-#2ũ8ũ2#-3(,(#-3.2ũ/ 2 -ũ/.1ũ 4- ũ,#3 ,.1$.2(2ũ04#ũ+#ũ 84" 1;ũ ũ5#1ũ 3.".ũ!.-ũ, 8.1ũ'4,(+" "ēũ Ėũ 2/#1#ũ+ ũ!.2#!' Ĕũ2#%Ì-ũ+ ũ2#,(++ ũ04#ũ 2(#, 1#ũ#-ũ#+ũ/1#2#-3#ē

&,8'$' '( %5$6,/ 6Ì0%2/2 '( $67$72

%$6$0(172 (;7(16,Ð1 $*5(',5

ŗũũBW \Wc_b_W o [b ^ehWh_e Z[ [ij[ [ifWY_e jWcX_ d Yh[Y_

ũũ

385,),&$&,Ð1 (6&5,725 0(;,&$12

7,(032

Ġ !(¢ũ4-ũ"~ ũ!.,.ũ'.8ğ

ũ!.-ă -9 ũ#-ũ "ēũ#2ũ(-- 3 ēũ 2ũ! / 9ũ"#ũ ,#3#1ũ242ũ, -.2ũ#-ũ#+ũ$4#%.ũ/.1ũ +%4(#-ũ ũ04(#-ũ "ēũ ,#ēũ 2ũ+ ũ/ 1#) ũ/#1$#!3 ũ8 ũ 04#ũ2#ũ#-31#% ũ!.-ũ,4!'.ũ ,.1ũ8ũ/.-#ũ 3.".ũ"#ũ "ēũ/ 1 ũ++#5 1ũ "#+ -3#ũ! " ũ 1#+ !(¢-ēũũ

$17(6 '( &5,672 72&$ 48( 86$ %$1 /26 3(56$

ĸ)4-(.ũĉĉũıũ)4+(.ũĉĉĹ

ũ!1~3(! ũ/4#"#ũ2#1ũ!.-2314!3(5 Ĕũ/#1.ũ-.ũ 42#ũ"#ũ#23 ēũ # ũ,;2ũ/ !(#-3#ũ!.-ũ+.2ũ "#$#!3.2ũ"#ũ242ũ'#1, -.2ũ8ũ/ 1(#-3#2ēũ #-3#ũ %4" ēũ Ėũ +ũ".+.1Ĕũ ũ 5#!#2Ĕũ/4#"#ũ2#1ũ4-ũ#7!#+#-3#ũ/#" %.%.ē

ũũ

ĸ)4+(.ũĉĊũıũ %.23.ũĉĉĹũ 23#ũ,.,#-3.ũ#2ũ/1./(!(.ũ/ 1 ũ#,/#9 1ũ ũ '.11 1ũ8ũ2#1ũ,;2ũ/14"#-3#ũ!.-ũ#+ũ "(-#1.ēũ .,#ũ!.-!(#-!( ũ"#+ũ#2$4#19.ũ04#ũ +#ũ!4#23 ũ' !#1ũ24ũ"(-#1.ēũ Ėũ / 13#ũ24ũ,#-3#ũ"#ũ+ ũ5(2(¢-ũ-#% 3(5 ũ"#ũ 24ũ5(" ē

ũũ

ĸ %.23.ũĉĊũıũ2#/3(#, 1#ũĉĉĹ 4ũ'4,(+" "ũ2#1;ũ, 8.1ũ +ũ(%4 +ũ04#ũ242ũ "#2#.2ũ"#ũ2#15(1ũ8ũ 84" 1ēũ % ũ!.-!(#-ı !( ũ"#ũ242ũ5(134"#2ũ8ũ/1.!41#ũ(-!1#,#-3 1ı + 2ēũ Ėũ 1 !3(04#ũ+ ũġ/ !(#-!( Ģũ 04#ũ#2ũ+ ũġ!(#-!( ũ"#ũ+ ũ/ 9Ģē

ũũ

ĸ2#/3(#, 1#ũĉĊũıũ.!34 1#ũĉĉĹ 1#!4#-3#ũ ũ242ũ ,(%.2ũ8ũ$ ,(+( ėũ"(2$143#ũ 8ũ"(5(_13 2#ũ2.+.ũ.ũ !.,/ ".ēũ -ũ3.".ũ ,.,#-3.ũ#5(3#ũ!.,/ 1 12#ũ!.-ũ+ 2ũ "#,;2ũ/#12.- 2ēũũ Ėũ 2Ĕũ ;2(! ı ,#-3#Ĕũ4-ũ2.+4!(.- ".1ũ"#ũ/1. +#, 2ēũũ

ũũ

ĸ.!34 1#ũĉĊũıũ-.5(#, 1#ũĉĈĹũ 42ũ ,(%.2ũ#23 1;ũ"(2/4#23.2ũ ũ 1(-" 1+#ũ 24ũ /.8.ũ8ũ 84" ũ '.1 ũ,;2ũ04#ũ-4-! ēũ .,#-3#ũ+ 2ũ , (!(.-#2ũ"#ũ24ũ$4341.ēũũũũ Ėũ #23#ũ+ ũ/ 9ũ!.-ũ !3(34"#2ũ "#ũ)423(!( ē

ũũ

[d bW \h[Yk[dY_W Z[ edZW Z[ bW bkp l_i_Xb[$ Bei cWj[h_Wb[i kj_b_pWZei fWhW Yedi[]k_h [ij[ \[d c[de Z[ _dl_i_X_b_ZWZ i[ Z[dec_dWd Èc[# jWcWj[h_Wb[i fbWic d_YeiÉ" i[] d [b Y_[dj ÒYe 7dZh[W 7bk" Z[ bW Kd_l[hi_ZWZ Z[ J[nWi$

ĸ-.5(#, 1#ũĉĉũıũ"(!(#, 1#ũĉĈĹũ # +(!#ũ242ũ !3(5(" "#2ũ/1.$#2(.- +#2ũ !.-ũ#+ũ,(2,.ũ '~-!.ũ8ũ 4#-ũ"#2#,/# .ēũ .,#ũ+ 2ũ!1~3(! 2ũ"#ũ242ũ24/#1(.1#2ũ!.,.ũ !.-2#).2ēũ Ėũ (#,/1#ũ 1(++ ũ#+ũ2.+ũ "#ũ+ ũ$#+(!(" "ũ/ 1 ũ04(#-ũ , ũ"#ũ5#1" "ē

ũũ

ĸ"(!(#, 1#ũĉĉũıũ#-#1.ũĈĒĹ -ũ242ũ#234"(.2ũ/1.!41#ũ, -3#-#1ũ24ũ1#-ı "(,(#-3.ũ8ũ /1.5#!'#ũ24ũ 4#- ũ,#,.1( ēũũ Ėũ .-ũ24ũ./3(,(2,.ũ!1# ũ4-ũ / 1 ~2.ēũ


Ä Ä&#x160;

0%!),+ (! 01. Ä Ä&#x2020;Ĺ?)%*Ä&#x2039;

Ĺ?Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ĺ?

!.+ Ŋ% -¢Ŋ "4#+.Ŋ 1%#-3(-.

+ĹŠ + Äą/~5.3ĹŠ 1%#-3(-.ĹŠ 4(2ĹŠ !.+ ĹŠ,.2Äą 31¢Ŋ24ĹŠ,#).1ĹŠ3.04#ĹŠ"#ĹŠ,4 #! ĹŠ/ 1 ĹŠ % - 1ĹŠ#+ĹŠ"4#+.ĹŠ(-"(5("4 +ĹŠ ĹŠ24ĹŠ!.,/ Äą 31(.3 ĹŠ 1+.2ĹŠ #+Ä&#x192;-.ĹŠ8ĹŠ2#1ĹŠ#+ĹŠ)4% ".1ĹŠ + 3(-. ,#1(! -.ĹŠ,;2ĹŠ"#23 ! ".ĹŠ"#ĹŠ+ ĹŠ ).1- " ĹŠ"#ĹŠ+ ĹŠ Ä&#x201D;ĹŠ 4-04#ĹŠ24ĹŠ#04(/.ĹŠ "#ĹŠ+.2ĹŠ .!*#32ĹŠ"#ĹŠ .423.-ĹŠ! 8#2#ĹŠ "#11.3 ".Ä&#x201C;

4#Â ĹŠ!.-ĹŠ +#5 -3 1ĹŠ.1.2ĹŠ #-ĹŠ .-"1#2

#,($(- +(23 2ĹŠ #-ĹŠ3.1-#.ĹŠ"#ĹŠ 4 8 04(+

ĹŠ ĹŠ

+ĹŠ/#2(23 ĹŠ#!4 3.1( -.ĹŠ 42! ĹŠ#+ĹŠ .+#3.ĹŠ ĹŠ+.2ĹŠ

4#%.2ĹŠ +~,/(!.2ĹŠ"#ĹŠ#23#ĹŠ Â .Ä&#x201C;ĹŠ ĹŠÄ&#x203A; @eh][ :Wl_Z 7hheoe" YWcf[Â&#x152;d `kl[d_b Z[ b[lWdjW# c_[dje Z[ f[iWi )/+ a_bei [d bei NL? @k[]ei FWdWc[h_YWdei (&&'" WfkdjW W kd Ykfe fWhW YbWi_\_YWh W bWi @k[]ei EbÂ&#x2021;c# f_Yei Z[ BedZh[i (&'(" gk[

#/.13(23 3.2

Ĺ&#x2014;ĹŠ ., 1#2Ä&#x2013;ĹŠ .1%#ĹŠ 5("ĹŠ 11.8.ĹŠ Ĺ&#x2014;ĹŠ Ä&#x201C;ĹŠ !Ä&#x2013;ĹŠÄ&#x2030;Ä&#x160;ĹŠ"#ĹŠ2#/3(#, 1#ĹŠ"#ĹŠÄ&#x2C6;Ä&#x2019;Ä&#x2019;Ä&#x2C6; Ĺ&#x2014;ĹŠ 4% 1Ä&#x2013;ĹŠ 1#++ - ĹŠ ĹŠ .%1.2Ä&#x2013;ĹŠ 1.ĹŠ#-ĹŠ+.2ĹŠ 4#%.2ĹŠ"#ĹŠ 4+% 1( Ä&#x201D;ĹŠ Ĺ&#x2014;,." +(" "ĹŠ 11 -04#Ä&#x201C;ĹŠ 1.ĹŠ - ,#1(! -.ĹŠ )45#-(+ĹŠ#-ĹŠÄ&#x160;Ä&#x2019;Ä&#x17D;ĹŠ*(+.2Ä&#x201C;

i[ h[Wb_pWh|d [djh[ [b (- Z[ `k# b_e o [b '( Z[ W]eije [d H[_de Kd_Ze$ Ă&#x2020;7fkdje W be]hWh ckY^Wi YeiWi [d c_ YWhh[hW" f[he W^e# hW c_ fh_dY_fWb eX`[j_le ied bei @k[]ei [d BedZh[i gk[ i[ h[Wb_# pWh|d [ij[ WÂ&#x2039;e o iÂ&#x192; gk[ be be]hW# hÂ&#x192;Ă&#x2021;" Z_`e [b Z[fehj_ijW$ ;b eh_kdZe Z[ bW fhel_dY_W Z[ Eh[bbWdW Z[X[h| fWhj_Y_fWh `kd# je Yed (+ Yecf[j_Zeh[i Z[ jeZe [b fWÂ&#x2021;i" [d kd i[b[Yj_le Z[ YbWi_# Ă&#x2019;YWY_Â&#x152;d gk[ i[ h[Wb_pWh| [b (+ Z[ \[Xh[he [d [b 9ec_jÂ&#x192; EbÂ&#x2021;cf_Ye$ :[ WgkÂ&#x2021; i[ [b[]_h| W bei + c[`e# h[i Wjb[jWi fWhW fWhj_Y_fWh [b [d [b fh[ebÂ&#x2021;cf_Ye Z[ =kWj[cWbW W h[Wb_pWhi[ [d cWoe Z[ [ij[ WÂ&#x2039;e$ ;b ]WdWZeh Z[b jehd[e eXj[d# Zh| kd Ykfe fWhW WYecfWÂ&#x2039;Wh

W I[b[Z_dW D_[l[i o 7b[nWdZhW ;iYeXWh [d bW Yecf[j[dY_W Z[ BedZh[i$ ;b f[i_ijW" Z[ (& WÂ&#x2039;ei" [djh[# dW Y_dYe ^ehWi Z_Wh_Wi" Yed [b fhe\[ieh NWl_[h FÂ&#x192;h[p o ik [d# jh[dWZeh @eh][ ?djh_W]e$ Ă&#x2020;9h[e gk[ j[d]e bWi YedZ_Y_ed[i d[Y[# iWh_Wi fWhW [d\h[djWh YkWbgk_[h jehd[e$ ;ijeo jhWXW`WdZe Zkhe jeZei bei ZÂ&#x2021;Wi W ZeXb[ jkhdeĂ&#x2021; _dZ_YÂ&#x152;$ Ik cWoeh _dif_hWY_Â&#x152;d fWhW be]hWh iki eX`[j_lei ied iki ^[hcWdei" W bei YkWb[i b[i Z[Y_ZW YWZW jh_kd\e$ Ă&#x2020;F_[d# ie ckY^e [d c_i ^[hcWdei o YkWdZe eXj[d]e Wb]Â&#x2018;d be]he e c[ZWbbW i[ bWi Z[Z_Ye W [bbeiĂ&#x2021;" [nfh[iÂ&#x152;$ 7Zc_hW ckY^e W I[b[Z_dW

ĹŠÄ&#x203A;ĹŠ9efW =WjehWZ[ 8emb"

ÂĄ Ä&#x201C;ĹŠ 11.8.ĹŠ5 ĹŠ/.1ĹŠ#+ĹŠ/ 2 Äą /.13#ĹŠ ĹŠ+.2ĹŠ 4#%.2ĹŠ +~,/(!.2Ä&#x201C;ĹŠ

D_[l[i [ _dZ_YÂ&#x152; gk[ [i ik [`[cfbe W i[]k_h$ Ă&#x2020;I[b[Z_dW [i kd Â&#x2021;Zebe fWhW cÂ&#x2021;$ BW WZc_he ckY^Â&#x2021;i_ce feh jeZe be gk[ ^W be]hWZe W be bWh]e Z[ ik YWhh[hW" WfWhj[ feh bW YWb_ZWZ ^kcWdW gk[ fei[[$ C[ bb[le cko X_[d Yed [bbW" bW Yed# i_Z[he Yece fWhj[ Z[ c_ \Wc_b_W o h[Y_Xe Z[ Xk[dW cWd[hW iki Yedi[`eiĂ&#x2021;" Ă&#x2019;dWb_pÂ&#x152;$

6( 3$57( '( 18(6752 (63(&,$/

" +ĹŠ +ĹŠ-(5#+ĹŠ"#ĹŠ .--.12Ä&#x201D;ĹŠ % 22(ĹŠ8ĹŠ ,#12.Â&#x2039;eb HW\W[b DWZWb WbYWdpÂ&#x152; Wo[h" jhWi Z[hhejWh [d bWi i[c_Ă&#x2019;dWb[i Z[b 7X_[hje Z[ 7kijhWb_W W He# ][h <[Z[h[h" ik Z[Y_cegk_djW Ă&#x2019;dWb Z[ Ă&#x2C6;=hWdZ IbWcĂ&#x2030; [ _]kWbÂ&#x152; Yed [ij[ h[]_ijhe W b[o[dZWi Z[b j[d_i Yece bei [ijWZekd_# Z[di[i 7dZh[ 7]Wii_ o @_cco 9eddehi" e [b WkijhWb_Wde Heo ;c[hied$ DWZWb" gk_[d ^WijW [ij[ jeh# d[e [hW [b ZÂ&#x192;Y_ce `k]WZeh Z[ bW ^_ijeh_W gk[ c|i Ă&#x2019;dWb[i Z[ =hWdZ IbWc ^WXÂ&#x2021;W Z_ifkjWZe" WiY_[dZ[ W bW iÂ&#x192;fj_cW fei_Y_Â&#x152;d o i[ YebeYW W kdW Ă&#x2019;dWb Z[b ik[#

Ye 8`ehd 8eh] o Z[b WkijhWb_Wde A[d Hei[mWbb$ ;b j[d_ijW [ifWÂ&#x2039;eb ^W Z_ifk# jWZe ^WijW bW \[Y^W i[_i Ă&#x2019;dWb[i Z[ HebWdZ =Whhei" Y_dYe Z[ M_cXb[Zed" Zei Z[b 7X_[hje Z[ ;ijWZei Kd_Zei o [b bkd[i `k]W# h| ik i[]kdZW Ă&#x2019;dWb Z[b 7X_[hje Z[ 7kijhWb_W$ 9ed kd XWbWdY[ Z[ Z_[p jh_kd\ei Z[ bei YWjehY[ jÂ&#x2021;jkbei gk[ ^W Z_ifkjWZe$ JhWi Z[hhejWh W <[Z[h[h" [b ^ecXh[ gk[ c|i Ă&#x2019;dWb[i ^W `k# ]WZe [d bW ^_ijeh_W Yed kd jejWb Z[ ()" DWZWb `k]Wh| ik YkWhjW \_dWb Yedi[Ykj_lW Z[ =hWdZ IbWc$

/(<(6 '

,&,'$ 38%/

$'0,1,675$&,Ă?1

¢4Xp (VWXGLDU"

Ä&#x201C;ĹŠÄĽ $ ÄŚĹŠ " +ĹŠ!#+# 1 ĹŠ24ĹŠ 5(!3.1( ĹŠ -3#ĹŠ#+ĹŠ24(9.ĹŠ .%#1ĹŠ #"#1#1Ä&#x201C;ĹŠ

;d bWi jh[i Wdj[h_eh[i ]WdÂ&#x152; [d HebWdZ =Whhei" jWcX_Â&#x192;d W <[Z[h[h" o f[hZ_Â&#x152; Wdj[ DelWa :`eael_Y bWi Z[ M_cXb[Zed o [b 7X_[hje Z[ ;ijWZei Kd_Zei$ ÄľÄ&#x17D;Ä&#x2C6;Ä?Ä?Ä&#x2030;

Ä&#x201D;ĹŠ ĹŠÄ&#x203A; ;b j[d_ijW [ifW#

YWj[]ehÂ&#x2021;W ', WÂ&#x2039;ei" oW j_[d[ i[c_# Ă&#x2019;dWb_ijWi$ ;ij[ Y[hjWc[d Yehh[i# fedZ[ W bW ??? [jWfW Z[b Y_hYk_je 9eiWj" [b YkWb be Yecfed[d edY[ fWhWZWi feh jeZei bei fWÂ&#x2021;i[i ikZWc[h_YWdei$ ;djh[ bei h[ikbjWZei Z[ijWYW# Zei Ă&#x2019;]khWd bei jh_kd\ei Z[b XhW# i_b[Â&#x2039;e EhbWdZe CehW[i" i_[cXhW ' Z[b jehd[e" ieXh[ [b Y^_b[de 8hkde <Wb[jje ,#&" ,#(" WiÂ&#x2021; Yece [b Z[b YebecX_Wde @eiÂ&#x192; 9WhlW`Wb" gk_[d ikf[hÂ&#x152; Wb Wh][dj_de =[dW# he Eb_l_[h_ -#, * " ,#( [d `k[]ei Z[ bW YWj[]ehÂ&#x2021;W '* WÂ&#x2039;ei$ ;b j[d_ijW [YkWjeh_Wde 7bbWd L[bWiYe l_e \hkijhWZWi iki Wif_# hWY_ed[i Z[ i[]k_h [d [b Y[hjW# c[d Wb YW[h ,#(" ,#)" Wdj[ Eid_ IWdjei Z[ 8hWi_b [d bW YWj[]ehÂ&#x2021;W ', WÂ&#x2039;ei$ JWcfeYe fkZe WlWdpWh HW\W[b <WXh_i gk_[d YWoÂ&#x152; Wdj[ [b jWcX_Â&#x192;d XhWi_b[Â&#x2039;e CWhY[be Peh# cWdd ,#*" -#+$


Ä&#x201A;Ä&#x20AC;

4% ".1#2ĹŠ04#ĹŠ++#% -

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;Ĺ?

Ĺ? +. Ä&#x152;Ĺ?

~34+.2 - !(.- +#2ĹŠ Ä&#x2C6;Ä&#x2021;ĹŠ! ,/#.- 3.2ĹŠ- !(.- +#2 Ä&#x2C6;Ä&#x2019;Ä&#x17D;Ä?Ä&#x201D;ĹŠÄ&#x2C6;Ä&#x2019;Ä?Ä&#x2C6;Ä&#x201D;ĹŠÄ&#x2C6;Ä&#x2019;Ä?Ä&#x17D;Ä&#x201D;ĹŠÄ&#x2C6;Ä&#x2019;Ä?Ä&#x2030;Ä&#x201D;ĹŠÄ&#x2C6;Ä&#x2019;Ä?Ä&#x2019;Ä&#x201D;ĹŠÄ&#x2C6;Ä&#x2019;Ä&#x2018;Ä&#x2018;Ä&#x201D;ĹŠ Ä&#x2C6;Ä&#x2019;Ä&#x2019;Ä&#x160;Ä&#x201D;ĹŠĹŠÄ&#x2C6;Ä&#x2019;Ä&#x2019;Ä&#x152;Ä&#x201D;ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2021;Ä&#x2C6;Ä&#x201D;ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2021;Ä&#x2030; ,#+#!ĹŠ$4#ĹŠ$4-" ".ĹŠ#+ĹŠÄ&#x2030;Ä&#x2018;ĹŠ"#ĹŠ 1(+ĹŠ"#ĹŠ Ä&#x2C6;Ä&#x2018;Ä&#x2030;Ä&#x2019;Ä&#x201D;ĹŠ/.1ĹŠ#+ĹŠ-.13# ,#1(! -.ĹŠ #.1%#ĹŠ /6#++

Ĺ&#x2014;ĹŠĹŠ ., 1#Ä&#x2013;ĹŠ +4 ĹŠ /.13ĹŠ ,#+#! ĹŠĹŠ /.".2Ä&#x2013;ĹŠ +ĹŠ ., (++.Ä&#x201D;ĹŠĹŠ 04(/.ĹŠĹŠ Ĺ&#x2014;ĹŠĹŠĹŠĹŠĹŠĹŠ (++.- 1(.Ä&#x201D;ĹŠ#+ĹŠ ++#3ĹŠ 94+Ä&#x201C; Ĺ&#x2014;ĹŠĹŠ 4-" !(¢-Ä&#x2013;ĹŠÄ&#x2030;Ä&#x2018;ĹŠ"#ĹŠ 1(+ĹŠ"#ĹŠÄ&#x2C6;Ä&#x2018;Ä&#x2030;Ä&#x2019; Ĺ&#x2014;ĹŠĹŠ 23 "(.Ä&#x2013;ĹŠ #.1%#ĹŠ /6#++ Ĺ&#x2014;ĹŠĹŠ / !(" "Ä&#x2013;ĹŠÄ&#x160;Ä&#x2021;Ä&#x201C;Ä&#x2021;Ä&#x2C6;Ä? Ĺ&#x2014;ĹŠĹŠ 1#2("#-3#Ä&#x2013;ĹŠ 22( ĹŠ #,#

4% ".1#2 04#ĹŠ2#ĹŠ$4#1.Ĺ&#x2014;ĹŠ "4 1".ĹŠ .1 -3# Ĺ&#x2014;ĹŠ^"(2.-ĹŠ _-"#9 Ĺ&#x2014;ĹŠ 1!#+.ĹŠ +#(3 2

3.2ĹŠ"#+ĹŠ!+4

Ä?ĹŠ,(++.-#2 "#ĹŠ"¢+ 1#2 Ĺ&#x2014;ĹŠ ĹŠ ĹŠ ĹŠ Ä&#x2013; #-#1 +Ä&#x2013;ĹŠÄ?ĹŠ"¢+ 1#2ĹŠ/1#$#1#-!( ĹŠÄ&#x2018;ĹŠ8ĹŠ/ +!.ĹŠ Ä&#x2030;Ä&#x2021;ĹŠ"¢+ 1#2 Ĺ&#x2014;ĹŠ ĹŠ ĹŠ ĹŠ Ä&#x2013;

04(/.ĹŠ "# + Ĺ&#x2014;ĹŠ 23# -ĹŠ 1##1 Ĺ&#x2014;ĹŠ 1+.2ĹŠ 4( ¢-#9 Ĺ&#x2014;ĹŠ 1(#+ĹŠ !'(+(#1 Ĺ&#x2014;ĹŠ 1( -.ĹŠ (- Ĺ&#x2014;ĹŠÂĄ2! 1ĹŠ %4( Ĺ&#x2014;ĹŠ .+.ĹŠ (+ Ĺ&#x2014;ĹŠ #"1.ĹŠ 4( ¢-#9 Ĺ&#x2014;ĹŠ #1- -".ĹŠ ( .1 Ĺ&#x2014;ĹŠ #1- -".ĹŠ (,_-#9 Ĺ&#x2014;ĹŠ 1!.2ĹŠ .-" (-(ĹŠ Ĺ&#x2014;ĹŠ 4!( -.ĹŠ (%4#1.

#%41(" "ĹŠ#-ĹŠ#+ĹŠ 1!.

ĹŠĹŠĹŠĹŠĹŠ (!' ĹŠ3_!-(! Ä&#x2013;

ĹŠ

Ä&#x201C;ĹŠ ,#+#!ĹŠ 2/(1 ĹŠ04#ĹŠ ĹŠ+ ĹŠ3#1!#1 ĹŠ2# ĹŠ+ ĹŠ5#-!(" ĹŠ8ĹŠ+.%1#ĹŠ#+ĹŠ3~34+.ĹŠ- !(.- +Ä&#x201C;ĹŠ

+#(3 2ĹŠ#-!(#-"#ĹŠ#+ĹŠ

ÄĽ

ÄŚ

Ĺ&#x2014;ĹŠ Ä&#x2013;ĹŠ 1%#-3(- Ĺ&#x2014;ĹŠ Ä&#x2013;ĹŠÄ&#x160;Ä&#x2C6;ĹŠ Â .2 Ĺ&#x2014;ĹŠ ÂĄ Ä&#x2013;ĹŠ 104#1. Ĺ&#x2014;ĹŠ Â&#x; ĹŠ ĹŠ Ä&#x2013;ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2021;Ä&#x17D; Ĺ&#x2014;ĹŠ ĹŠ ĹŠ Ä&#x2013;ĹŠ 12#- +ĹŠ"#ĹŠ 1 -"~

,#+#!ĹŠ#2/#1 ĹŠ' !#1ĹŠ4-ĹŠ 4#-ĹŠ/ /#+ĹŠ#-ĹŠ ./ ĹŠ

( #13 ".1#2ĹŠ8ĹŠ% - 1ĹŠ#+ĹŠ ,/#.- 3.ĹŠ !(.- +ĹŠ "#ĹŠ Ă&#x152;3 .+ĹŠ04#ĹŠ(-(!( ĹŠ#+ĹŠÄ&#x17D;ĹŠ"#ĹŠ$# 1#1.ĹŠ!.,.ĹŠ5(2(Äą 1#1.ĹŠ!.,.ĹŠ5(2( 3 -3#ĹŠ -3#ĹŠ#+ĹŠ +,#". ĹŠ Â&#x161; ;b 9bkX Ifehj ;c[#

b[Y" WfkdjW [ij[ WÂ&#x2039;e W eXj[d[h kd fh_c[h bk]Wh [d bW 9efW B_X[hjWZeh[i o W bW l[p YediW# ]hWhi[ YWcf[ed[i dWY_edWb[i" Yedi_Z[hWdZe gk[ feh Zei WÂ&#x2039;ei Yedi[Ykj_lei [ijkle Y[hYW Z[ be# ]hWhbe" f[he b[ jeYÂ&#x152; Yed\ehcWhi[ Yed kd i[]kdZe bk]Wh$ Bei Ă&#x2C6;[bÂ&#x192;Yjh_YeiĂ&#x2030;" gk[ Z[iZ[ (&&( de ^Wd iWXeh[WZe bW YefW" Wif_hWd gk[ [ij[ WÂ&#x2039;e bWi YeiWi i[Wd W ik \Wleh o j[hc_dWh fh_# c[hei [d bW \Wi[ _d_Y_Wb" fWhW bk[# ]e _h jhWdgk_bei W bW [jWfW Yec# fb[c[djWh_W$ I_ X_[d [i Y_[hje [d [b WÂ&#x2039;e fW# iWZe" W feYei fWhj_Zei Z[ bW Ă&#x2019;dWb Z[b jehd[e" bei Z_h[Yj_lei Z[Y_# Z_[hed Z[ij_jk_h Z[b YWh]e Yece jÂ&#x192;Yd_Ye W @kWd HWcÂ&#x152;d 9WhhWi# Ye feh bW cWbW YWcfWÂ&#x2039;W gk[ l[dÂ&#x2021;W h[Wb_pWdZe o fki_[# hed [d ik bk]Wh W CWhY[# be <b[_jWi" gk_[d [d [i[ [djedY[i [hW `k]WZeh o YWf_j|d Z[b [gk_fe$ FWhW [ij[ WÂ&#x2039;e" BW Z_h_# FWhW [ij[ WÂ&#x2039;e" BW Z_h_# ][dY_W Z[b YkWZhe Ă&#x2C6;WpkbĂ&#x2030; Z[# Y_Z_Â&#x152; cWdj[d[h Wb [ijhWj[]W Wh][dj_de feh Y_dYe j[c# fehWZWi c|i" fk[i Yed# \Â&#x2021;Wd gk[ W ik cWdZe [b [gk_fe be]hWh| ]hWdZ[i YeiWi$ DWii_X D[c[" fh[i_Z[dj[ Z[ YbkX" ^_pe kdW _dl[hi_Â&#x152;d Z[ i[_i c_bbed[i Z[ ZÂ&#x152;bWh[i fWhW jhW[h h[# \ k [ h p e i

[njhWd`[hei fWhW gk[ ikc[d [d [b [gk_fe" Yed c_hWi ^WY_W bei Zei jehd[ei$ Bei Wh][dj_dei BkY_Wde <_# ]k[heW o CWhYei CedZW_d_ i[ ikcWd Yece Z[bWdj[hei `kdje W D_Yeb|i L_]d[h_" gk_[d [ijWh| [d [b [gk_fe [d be gk[ Zkh[ 9efW B_X[hjWZeh[i$ BW fehj[hÂ&#x2021;W jWcX_Â&#x192;d \k[ h[\eh# pWZW feh [b [nWhgk[he Z[b :[feh# j_le 9k[dYW" ;ij[XWd :h[[h" gk_[d [d\h[djWh| [b _d_Y_e Z[b jehd[e `kd# je Yed M_bc[h PkcXW$ 7iÂ&#x2021; jWcX_Â&#x192;d h[\k[hpei dWY_e# dWb[i Yece [b Z[bWdj[he FWXbe FWbWY_ei" [b lebWdj[ Y[djhWb ;\hÂ&#x192;d Ă&#x2C6;;b 9WY^ehheĂ&#x2030; C[hW o [b Z[bWdj[he CWhbed Z[ @[iÂ&#x2018;i$ ;c[# b[Y ^Wh| ik Z[Xkj [d bW fh_c[hW \Wi[ Z[b Y[hjWc[d Yece l_i_jWdj[ Wdj[ [b Ebc[Ze Z[ H_eXWcXW [b Zec_d]e + Z[ \[Xh[he Z[ (&'($ J[d]e kd [gk_fe ikĂ&#x2019;Y_[dj[ Yece fWhW feZ[h W\hedjWh kd YWcf[edWje [YkWjeh_Wde o kdW #%1#2 ĹŠ B_X[hjWZeh[i Wkdgk[ [b h[ije (!' ĹŠ3_!-(! Ä&#x2013; Z_]W be YedjhWh_e$ ;b [i\k[hpe gk[ ^[cei ^[Y^e fWhW jhW[h h[# ĹŠ \k[hpei [njhWd`[hei [i ]hWdZ[ o Ä&#x2013;ĹŠÄ&#x2030;Ä?ĹŠ Â .2 iWX[cei gk[ [bbei l_[d[d W ZWh Ä&#x2013;ĹŠ 1%#-3(- jeZe feh [b [gk_fe" [ijeo i[]k# he gk[ f[b[Wh[cei bei fh_c[hei ÂĄ Ä&#x2013;ĹŠ #+ -3#1. bk]Wh[i [d [ij[ jehd[e _dj[hdW# Â&#x; ĹŠ ĹŠ Ä&#x2013;ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2021;Ä&#x152; Y_edWb o gk[ W bW l[p feZhÂ&#x2021;Wcei bb[]Wh W gk[ZWh YWcf[ed[i dW# ĹŠ ĹŠ Ä&#x2013;ĹŠ .! ĹŠ 4-(.12 Y_edWb[i [ij[ WÂ&#x2039;eĂ&#x2021; Z_`e CWhY[be <b[_jWi$

7/#1(#-!( ĹŠ8ĹŠ31 8#!3.1(

ĹŠĹŠĹŠĹŠĹŠ (!' ĹŠ3_!-(! Ä&#x2013;

ĹŠ ĹŠÄĽ ĹŠ ÄŚ

Ĺ&#x2014;ĹŠ Ä&#x2013;ĹŠÄ&#x160;Ä&#x2C6;ĹŠ Â .2 Ĺ&#x2014;ĹŠ Ä&#x2013;ĹŠ 1%#-3(- Ĺ&#x2014;ĹŠ ÂĄ Ä&#x2013;ĹŠ #+ -3#1. Ĺ&#x2014;ĹŠ Â&#x; ĹŠ ĹŠ Ä&#x2013;ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2021;Ä&#x2C6; Ĺ&#x2014;ĹŠ ĹŠ ĹŠ Ä&#x2013;ĹŠ .2 1(.ĹŠ #-31 +

4#5 ĹŠ./.134-(" "

ĹŠĹŠĹŠĹŠĹŠ (!' ĹŠ3_!-(! Ä&#x2013;

ĹŠ

Ĺ&#x2014;ĹŠ Ä&#x2013;ĹŠÄ&#x2030;Ä&#x2019;ĹŠ Â .2 Ĺ&#x2014;ĹŠ Ä&#x2013;ĹŠ !4 3.1( - Ĺ&#x2014;ĹŠ ÂĄ Ä&#x2013;ĹŠ #+ -3#1. Ĺ&#x2014;ĹŠ Â&#x; ĹŠ ĹŠ Ä&#x2013;ĹŠÄ&#x2030;Ä&#x2021;Ä&#x2021;Ä&#x160; Ĺ&#x2014;ĹŠ ĹŠ ĹŠ Ä&#x2013;ĹŠ .!(#" "ĹŠ #/.13(5 ĹŠ 4! 2


Ă&#x2039;+3(, 2ĹŠ ! - 23 2ĹŠ#-ĹŠ !4! ++# LWjei BeYei o KF: Z_h_c[d [b jÂ&#x2021;jkbe [d bW YWj[]ehÂ&#x2021;W WX_[hjW Z[b YWcf[edWje Z[ XWbedY[ije gk[ eh]Wd_pW bW 7ieY_WY_Â&#x152;d Z[ Ă&#x203A;hX_# jhei Z[ 8WbedY[ije Z[ ?cXWXkhW$ ;b fWhj_Ze i[ `k[]W [b Zec_d]e W bWi '(0&& [d bWi YWdY^W Z[ OWYk# YWbb[$ Fh[l_e W [ij[ Yecfhec_ie HJ <Wi^_ed o FK9;#I? Z_ifkjWd [b j[hY[h fk[ije Z[ [ijW Z_l_i_Â&#x152;d$ ;b jehd[e XWigk[j[he [ij| bb[]Wd# Ze W ik [jWfW Ă&#x2019; dWb$ BW `ehdWZW _d_Y_W [b l_[hd[i Z[iZ[ bWi &/0&& Yed [b Yecfhe# c_ie [djh[ &,0)& o Bei IeY_ei$ Bk[]e Z[ [ij[ Yecfhec_ie i[ c_Z[d 9Wf_jWd[i o IjkZ_e 9e# beh [d kd Zk[be Z[ fhedÂ&#x152;ij_Ye h[i[hlWZe$ ;b Â&#x2018;bj_ce Zk[be be

.+ ĹŠ 8ĹŠ!' .

ĹŠ ĹŠ

Ä&#x201C;ĹŠ 4, #13.ĹŠ (9 11.ĹŠ"41¢Ŋ +ĹŠ$1#-3#ĹŠ"#+ĹŠ!+4 ĹŠ ++#ĹŠ"#+ĹŠ '.3 ĹŠ31#2ĹŠ"~ 2Ä&#x201C;ĹŠ .2ĹŠÄ&#x2C6;Ä&#x2021;ĹŠ)4% ".1#2ĹŠ04#ĹŠ/("(¢Ŋ"#ĹŠ 1#$4#19.2ĹŠ+.ĹŠ2#/ 1 1.-ĹŠ"#+ĹŠ!+4 Ä&#x201C;

4 -ĹŠ 1+.2ĹŠ 41 -.ĹŠ#2ĹŠ+ ĹŠ /1(,#1 ĹŠ./!(¢-ĹŠ/ 1 ĹŠ1##,Äą /+ 9 1ĹŠ ĹŠ (9 11.Ä&#x201C;ĹŠ Ä&#x203A;ĹŠ Ă&#x2020;>kcX[hje F_pWhhe gk[hÂ&#x2021;W jhW[h '& `k]WZeh[i o [ie [i _cfei_Xb[Ă&#x2021;" Yed [ijWi fWbW# XhWi" F[Zhe :[b]WZe" YedĂ&#x2019; hcÂ&#x152; bW iWb_ZW Z[b [ijhWj[]W fehj[Â&#x2039;e gk[ ZkhÂ&#x152; jh[i ZÂ&#x2021;Wi Wb \h[dj[ Z[b LWbb[ Z[b 9^ejW$ KdW _bki_Â&#x152;d gk[ ckh_Â&#x152; Wdj[i Z[ dWY[h$ ;i bW c[`eh cWd[hW Z[ i_dj[j_pWh bW bb[]W o iWb_ZW Z[b :J gk[ \k[ fh[i[djWZe Yece Z_h[Yjeh jÂ&#x192;Yd_Ye [b fWiWZe cWhj[i$ Bk[]e Z[ bW [lWbkWY_Â&#x152;d ^[Y^W Wb ]hkfe Z[ `k]WZeh[i" [b

[djh[dWZeh f_Z_Â&#x152; '& `k]WZeh[i Z[ fh_c[h d_l[b$ ;ije ][d[hÂ&#x152; ceb[ij_Wi [djh[ bei Z_h[Yj_lei gk[ de f[diWhed Zei l[Y[i fWhW Y[iWhbe Z[ iki \kdY_ed[i$ @kWd 9Whbei =WhWo o @kWd 9Whbei 8khXWde" ied bWi Zei efY_ed[i gk[ cWd[`Wd bei Z_# h[Yj_lei fWhW ik h[b[le$ I_d [c# XWh]e" 8khXWde" jecÂ&#x152; bW feijW fWhW bb[]Wh Wb XWdgk_bbe$ Ă&#x2020;@kWd 9Whbei [i c_ Wc_]e$ @k]Wcei [b CkdZ_Wb Z[ @WfÂ&#x152;d (&&( o [i [djh[dWZeh j_jkbWZe$

Ä Ä&#x192;

Ĺ?Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

Ä Ä&#x192;

1.%1 , !(¢-ŊŊ

;204#3ĹŠ#-ĹŠ !4! ++#ĹŠ ; ". -!' ĹŠÄ&#x2030; ĹŠÄ&#x2021;Ä&#x2019;Ä&#x2013;Ä&#x2021;Ä&#x2021;ĹŠ Ä&#x2021;Ä?ĹŠÄ&#x2013;Ä&#x160;Ä&#x2021;ĹŠ ĹŠ

.2ĹŠ .!(.2 Ĺ&#x2014;ĹŠÄ&#x2C6;Ä&#x2021;Ä&#x2013;Ä&#x2021;Ä&#x2021;ĹŠ /(3 -#2ĹŠ 34"(.ĹŠ .+.1 Ĺ&#x2014;ĹŠÄ&#x2C6;Ä&#x2C6;Ä&#x2013;Ä&#x2021;Ä&#x2021;ĹŠ !!(¢-ĹŠ 45#-(+ĹŠ .4138ĹŠ / Ĺ&#x2014; #2! -2 Ä&#x2013;ĹŠĹŠ () .2 .,(-%. ĹŠ -!' ĹŠĹŠÄ&#x2C6; Ĺ&#x2014;ĹŠÄ&#x2021;Ä&#x2019;Ä&#x2013;Ä&#x2021;Ä&#x2021;ĹŠ .2ĹŠ .!(.2ĹŠ ĹŠ -!' ĹŠĹŠÄ&#x2030; ĹŠÄ&#x2021;Ä&#x2019;Ä&#x2013;Ä&#x2021;Ä&#x2021;ĹŠ 34"(.ĹŠ .+.1ĹŠ Ĺ&#x2014;ĹŠÄ&#x2C6;Ä&#x2021;Ä&#x2013;Ä&#x2021;Ä&#x2021;ĹŠ /(3 -#2ĹŠ Ĺ&#x2014;

() .2 !!(¢-Ŋ 45#-(+ .4138Ŋ /

fhejW]ed_pWd 7YY_Â&#x152;d @kl[d_b o <ekhj^o KF$

Ä&#x201C;ĹŠ #+2.-ĹŠ -"1 "#ĹŠ#2ĹŠ4- ĹŠ"#ĹŠ+ 2ĹŠÄ&#x192;ĹŠ%41 2ĹŠ"#+ĹŠ Ä&#x201D;ĹŠÄ&#x192;ĹŠ- +(23 ĹŠ! 3#%.1~ ĹŠ (#13 Ä&#x201C;ĹŠ

;i kd ]hWd h[\[h[dj[ o [ije dei WokZWh|Ă&#x2021;" Yed\_hcÂ&#x152; 7]kijÂ&#x2021;d :[b]WZe W [ij[ hejWj_le$ +ĹŠ(-(!(.ĹŠ#23;ĹŠ!#1! ĹŠ

7 f[iWh Z[ [ije" bW [if[hW Yedj_# dÂ&#x2018;W$ FWhW ^eo i[ f_[diW Z[Ă&#x2019; d_h bW i_jkWY_Â&#x152;d Z[b [gk_fe gk[ Z[# XkjWh| [d [b jehd[e [b fhÂ&#x152;n_ce ', Z[ \[Xh[he$ FWhW [ij[ WÂ&#x2039;e" [b LWbb[ Z[b 9^ejW f[hZ_Â&#x152; Wb .& Z[ `k]W# Zeh[i gk[ WYjkWhed [d [b (&''$ Feh [ie bei Z_h[Yj_lei Wfk[ijWd W gk[ bW XWi[ Z[ \kjXeb_ijWi i[Wd bei Z[ bW YWdj[hW$ I_d Z[iYWhjWh Wb]Â&#x2018;d h[\k[hpe$ Bei jhWXW`ei Yedj_dÂ&#x2018;Wd ^eo" XW`e bWi Â&#x152;hZ[d[i Z[ @kb_e 9Â&#x192;# iWh 7dZhWZ[" [d bW >eij[hÂ&#x2021;W Z[ 7]kijÂ&#x2021;d :[b]WZe$

-" 1 ĹŠ#-ĹŠ ./ ĹŠ 5(2

ĹŠ ĹŠ Ä&#x2013;ĹŠ ĹŠ

"ÄľÄ&#x2030;Ä&#x152;Ä&#x160;Ä&#x152;Ä&#x160;Äľ (

+ĹŠ3#-(23 ĹŠ(, 41# .ĹŠ 5;-ĹŠ -" 1 ĹŠ(-3#%1 ĹŠ#+ĹŠ2#+#!!(.Äą - ".ĹŠ#!4 3.1( -.ĹŠ04#ĹŠ)4% 1;ĹŠ #+ĹŠ,#2ĹŠ/1¢7(,.ĹŠ+ ĹŠ ./ ĹŠ 5(2ĹŠ -3#ĹŠ .+., ( Ä&#x201D;ĹŠ#-ĹŠ+ ĹŠ /1(,#1 ĹŠ1.-" ĹŠ"#+ĹŠ 14/.ĹŠ ĹŠ "#ĹŠ+ ĹŠ .- ĹŠ ,#1(! - Ä&#x201C;ĹŠ +ĹŠ #04(/.ĹŠ+.ĹŠ!.,/+#3 -ĹŠ 4+(.ĹŠ _2 1ĹŠ ,/.9 -.Ä&#x201D;ĹŠĹŠ 4 -ĹŠ # 23(;-ĹŠ (5 -!.ĹŠ8ĹŠ (#%.ĹŠ (" +%.Ä&#x201C;ĹŠ -31#ĹŠ#+ĹŠÄ&#x2C6;Ä&#x2021;ĹŠ8ĹŠÄ&#x2C6;Ä&#x2030;ĹŠ"#ĹŠ $# 1#1.ĹŠ2#ĹŠ++#5 1;-ĹŠ ĹŠ! .ĹŠ +.2ĹŠ/ 13(".2Ä&#x201D;ĹŠ#+ĹŠ +(- 2ĹŠ .+$ĹŠ Ä&#x153;ĹŠ #-(2ĹŠ +4 ĹŠ !.%#1;ĹŠ ĹŠ#23#ĹŠ #5#-3.Ä&#x201D;ĹŠ04#ĹŠ2#ĹŠ)4% 1;ĹŠ2. 1#ĹŠ 1!(++ Ä&#x201C;ĹŠ +ĹŠ#04(/.ĹŠ#!4 3.Äą 1( -.ĹŠ#2ĹŠ"(1(%(".ĹŠ/.1ĹŠ Ă&#x152;+ĹŠ (5#1Ä&#x201C;


Ä Ä&#x2026;

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

Ă&#x2039; ĹŠ

%#-" ĹŠ 2 3(-

.,/(3#-ĹŠ#-ĹŠ 4 8 04(+ĹŠ

Ĺ&#x2014;ĹŠ ĹŠĹŠ@[ii_YW ;ijhWZW" 7b[nWd# Z[h C[Z_ZW" Okb[_i_ L_l[he o

9WhbW 9Wcfe ied [djh[ ejhWi bWi Ă&#x2019; ]khWi Z[b i[b[YY_edWZe _cXWXkh[Â&#x2039;e Z[ `kZe" gk[ [ij[ Ă&#x2019; d Z[ i[cWdW Yecf_j[ [d =kWoWgk_b$ ;b jehd[e [i kd i[b[Yj_le gk[ j_[d[ Yece Ă&#x2019; dWb_ZWZ Yed\ehcWh [b [gk_# fe jh_Yebeh gk[ Yecf[j_h| W d_l[b WXiebkjW ZkhWdj[ [b (&'($

ÂĄ Ä&#x201C;ĹŠ ;2ĹŠ"#ĹŠÄ&#x17D;Ä&#x2021;ĹŠ/ 13(".2ĹŠ2#ĹŠ"(2/43 -ĹŠ"#2"#ĹŠ,  - ĹŠ#-ĹŠ+ 2ĹŠ"($#1#-3#2ĹŠ+(% 2ĹŠ 11( +#2ĹŠ"#+ĹŠ! -3¢-ĹŠ 11 Ä&#x201C;

2ĹŠ +, 2Ä&#x201D;ĹŠ +/ !' ! ĹŠ8ĹŠ -ĹŠ (%4#+ĹŠ/1.%1 , 1.-ĹŠ+ ĹŠ).1Äą - " ĹŠ2 3(- Ä&#x201C; Ä&#x203A;ĹŠCWZh_Z o :_WXbei He`ei

WXh[d bW \[Y^W iWXWj_dW [d B_]W BWi FWbcWi$ ;b jehd[e ikX '( [d B_]W 7bfWY^WYW o bWi `ehdWZW Z[ B_]W IWd C_]k[b Z[ ?XWhhW" ied [djh[ ejhei bei fbWjei \k[hj[i Z[b \Â&#x2018;jXeb XWhh_Wb" fWhW [ij[ Ă&#x2019; d Z[ i[cWdW$ ;d B_]W BWi FWbcWi" @LB Yed )( fkdjei [b bÂ&#x2021;Z[h [d ieb_jWh_e Z[b jehd[e$ Ik [iYebjW" [i Jkb_fWd[i gk[ [ij|d W '& fkdjei Z[ Z_ijWd# Y_W$ Bei fh_c[hei `k[]Wd [b Ze# c_d]e W bWi ',0&& Wdj[ @kl[djki$ C_[djhWi" Jkb_fWd[i i[ [d\h[d# jWd cWÂ&#x2039;WdW Wb 8WhY[bedW$ Ejhe Z[ bei Zk[bei Z[ l_jWb _c#

, 41 ĹŠ 42#-3#ĹŠ #-ĹŠ/ 3(- )#

Ĺ&#x2014;ĹŠ ĹŠĹŠBW i[b[YY_Â&#x152;d _cXWXkh[Â&#x2039;W Z[ fWj_dW`[ de [ijWh| fh[#

i[dj[ [d [b fh_c[h HWda_d] DWY_edWb Z[ FWj_dW`[ Z[ 9Whh[hWi gk[ i[ Z_ifkjWh| [d bW Y_kZWZ[bW C_hWĂ&#x201C; eh[i Z[ =kWoWgk_b$ 7iÂ&#x2021; be YedĂ&#x2019; hcÂ&#x152; bW <[Z[hWY_Â&#x152;d ;YkWjeh_WdW Z[ >eYa[o o FWjÂ&#x2021;d$ >WijW [b cec[dje bWi fhel_dY_Wi Z[ F_Y^_dY^W" Bei HÂ&#x2021;ei" 7pkWo" =kWoWi" IkYkcXÂ&#x2021;ei" 9WhY^_ o Be`W$

fehjWdY_W [d ik bkY^W feh iWb_h Z[ bW pedW XW`W" be fhejW]ed_pW# h|d CWZh_Z o :_WXbei He`ei$ ;i# jei Zei Yecfhec_iei i[ `k[]Wd [d bW i[h_[ 7 gk[ `k]Wh| [d [b [i# jWZ_e <hWdab_d Ia_dd[h$ BW \[Y^W iWXWj_dW i[ Yecfb[jW Yed bei Yecfhec_iei [djh[ :[b# Ă&#x2019; d[i o 7jbÂ&#x192;j_Ye ;ijkZ_Wdj_b" Z[i# Z[ bWi '*0&& [d [b [ijWZ_e '- Z[ @kb_e$ 7 i[]kdZW ^ehW i[ l[d bWi YWhWi [b =9D Yed bW <Wc_b_W$ I_ bW \[Y^W [ij| YWdZ[dj[ [d [ijW B_]W" [d 7bfWY^WYW de feZÂ&#x2021;W i[h bW [nY[fY_Â&#x152;d$ BW \[Y^W _d_Y_W Z[iZ[ bWi &.0)& Yed [b Zk[be [d# jh[ 7pWoW o B_X[hjWZ" feh [b jeh#

,% /'%+ )!- 2$/1 ,1- -+(,&-

d[e ikX '($ ;b i[]kdZe Zk[be [d [ijW c_icW YWj[]ehÂ&#x2021;W be Z_ifkjWd B:9#9 YedjhW [b CWdY^[ij[h$ 7 bWi '(0&& _d_Y_W bW \[Y^W feh [b jehd[e b_]k[he$ IYehf_edi o =WbWn_i i[h|d bei [dYWh]WZei Z[ WXh_h `k[]ei$ C_[djhWi" 7pWoW 7 o H[Wb IeY_[ZWZ fhejW]ed_pWh|d kd Zk[be Z[ fhedÂ&#x152;ij_Ye h[i[hlW# Ze Z[iZ[ bWi '(0&&$

(% ĹŠ -ĹŠ (%4#+ĹŠ Dk[l[ fWhj_Zei [ij|d fhe]hW# cWZei fWhW cWÂ&#x2039;WdW$ Ifehj_d] o 8bec_d] `k[]Wd Z[iZ[ Z[ bWi '(0&& [d [b [ijWZ_e fh_dY_fWb Z[ bW B_]W$ 7 i[]kdZW ^ehW i[ l[d bWi YWhWi IjWh <9 YedjhW [b Eh_Â&#x152;d$ :[fehj_le 9[bj_Y kh]_Ze Z[ kdW l_Yjeh_W Y_[hhW [b j[bÂ&#x152;d YedjhW ;i# jh[bbW @kl[d_b$ ;d [b [ijWZ_e Z[ Bei IWkY[i" 7hi[dWb o 7jbÂ&#x192;j_Ye 8ejW\e]e ied bei fh_c[hei [d f_iWh [b YÂ&#x192;if[Z Z[b [ijWZ_e$ ;ij[ Yecfhec_ie i[ `k[]W W bWi '(0&&$ ;d [b Ye# j[`e Z[ \edZe ;k][d_e ;if[`e o J^[ 9hWi^ fhejW]ed_pWh|d [b i[]kdZe Yej[`e$ BW `ehdWZW Ykbc_dW Yed [b Zk[be [djh[ =[hc|d =h_`WblW o Iec[Y$

$*8,$0

+(*( 2$/1 -//$" +(,-0

% '*- *&* , !'*)

1* 012#( ,1(*

2 1 *,+%*)-

2 1 !-(

% !,. / ) $!-.!, / ' 0% ! ' * %! *'!#%* $/ , * $

" ! ,1 $ $0+ *( ,5 ,1 $ (!$/1 #

2! 2! ,"'$01$/ *. "' " **$

.-/1(,&

1 /

$*1("

*--+(,& /(7, 01/$**

/0$, *

2&$,(-

$/+6, /()

1* -1 %-& '$ / 0' -+$"

# 201- ,# / *( ,5 ,#$.$,#($,1$

(!$/1

,1$/

242"-"'

WH HQWUHJDPRV OR TXH QHFHVLWDV VDEHU

HQ HO WDPDxR LGHDO

+ +2$01/,0 -2+1,0 #$ 3$+1 21,/(5 #,0 6 9 7

3 * $1,/+, ,0 $(!,0 $*%

"ÄľÄ&#x2030;Ä&#x152;Ä&#x160;Ä&#x152;Ä&#x2C6;Äľ (

8 "W "UBIVBMQB t 5FMG 6 7 +1/ # * 1;*("

/XEULFHQWUR $&GHOFR

8 6 7 +1/ # (2# #$* 6 ("1,/( 7 /() *3 4 *(+ 0 $0.2(+ 6 7 ,0: (&2$* $,/, 4 2*(, +#/ #$ 2"2/0 * 3 1 '2 *- 4 ,0: $,/,

$ ,! ( $ %&, $") ) $ ) % ! " + $ '#'+ * "!" % $( "% % ( "


#/.13#ĹŠ!.,4-(3 1(.ĹŠ#-ĹŠ #+ĹŠ:-%#+ĹŠ"#ĹŠ+ ĹŠ 4 1" : ĹŠ Ä&#x203A; ;b 9[djhe ?d\Wdj_b

;ZkYWj_le Ă&#x203A;d][b Z[ bW =kWhZW _dWk]khWh| ^eo W bWi '.0&& [b fheo[Yje :[fehj[ 9eckd_jWh_e [d bW ;iYk[bWi Ă&#x2C6;@k]WdZe o H[# Yh[WdZe W c_ 8Whh_eĂ&#x2030;$ :[ifkÂ&#x192;i Z[ bW Wf[hjkhW i[ ZWh| fWie W bW `ehdWZW Z[ XW_bej[hWf_W Z[ *& c_dkjei [d [b fWj_e Z[b [ijWXb[Y_# c_[dje [ZkYWj_le o bk[]e [b \[ij_lWb Z[ `k[]ei jhWZ_Y_e# dWb[i" Yece hWok[bW" iWbje Z[ bW Yk[hZW" jhecfei" YWhh[hW Z[ hk[ZWi o hedZWi" i[]Â&#x2018;d bW ZeY[dj[ 7d]Â&#x192;b_YW I|dY^[p$ BW WYj_l_ZWZ i[ h[Wb_pWh| YWZW '+ ZÂ&#x2021;Wi" ^WijW cWoe" c[i [d gk[ i[ ^Wh| kdW [lW# bkWY_Â&#x152;d Z[b fheo[Yje" WdejÂ&#x152;

bW [ZkYWZehW$ BW _dl_jWY_Â&#x152;d [i WX_[hjW fWhW jeZei bei XW# hh_ei$ ;b \_d [i ][d[hWh ^|X_jei iWdei Z[ Z_l[hi_Â&#x152;d o h[Yk# f[hWh bWi jhWZ_Y_ed[i h[Yh[W# j_lWi Z[ dk[ijhe fk[Xbe" Z[ WYk[hZe W CWhÂ&#x2021;W ;b[dW C[hW" Z_h[YjehW WZc_d_ijhWj_lW Z[b [ijWXb[Y_c_[dje [ZkYWj_le$ FWhW bei d_Â&#x2039;ei :WhÂ&#x2021;e @_cÂ&#x192;# d[p o D_Yeb|i Fepe be _cfeh# jWdj[ [i h[iYWjWh bei `k[]ei jhWZ_Y_edWb[i fWhW cWdj[d[h kd_ZWi W bWi \Wc_b_Wi o W bW ieY_[ZWZ [d ][d[hWb$ ;b 9[djhe ?d\Wdj_b ;ZkYW# j_le Ă&#x203A;d][b Z[ bW =kWhZW [ij| kX_YWZe [d bW YWbb[ IkYh[" [djh[ CWdWXÂ&#x2021; o 9WbZ[hÂ&#x152;d$

ÂĄ

Ä Ä&#x2020;

Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A; Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

4#+5#ĹŠ#+ĹŠ .7#.

Ä&#x201C;ĹŠ +ĹŠ#7!.+(2#.ĹŠ"#ĹŠ% ++.2ĹŠ2#ĹŠ1# 1(1;ĹŠ/ 1 ĹŠ5#1ĹŠ#-ĹŠ !!(¢-ĹŠ"#ĹŠ .7# ".1#2ĹŠ"#+ĹŠ!+4 ĹŠ 1(#-3 +ĹŠ"#ĹŠ 4+!;-ĹŠ8ĹŠ"#ĹŠ+ ĹŠ (% ĹŠ -ĹŠ 4 -ĹŠ "#ĹŠ 4(3.Ä&#x201C;

-ĹŠ#+ĹŠ#7!.+(2#.ĹŠ"#ĹŠ% ++.2ĹŠ' Äą 1;ĹŠÄ&#x2C6;Ä&#x2030;ĹŠ/#+# 2ĹŠ#-31#ĹŠ#+ĹŠ!+4 ĹŠ 1(#-3 +ĹŠ8ĹŠ -ĹŠ 4 -ĹŠ"#ĹŠ 4(3.Ä&#x201C; : ĹŠÄ&#x203A; ;b l_[`e [nYeb_i[e Z[ ]W#

Ä&#x201C;ĹŠ .2ĹŠ)4#%.2ĹŠ31 "(!(.- +#2ĹŠ2#ĹŠ/.-"1;-ĹŠ#-ĹŠ/1;!3(! ĹŠ#-ĹŠ#+ĹŠ #-31.ĹŠ -$ -3(+ĹŠ "4! 3(5.ĹŠ:-%#+ĹŠ"#ĹŠ+ ĹŠ 4 1" Ä&#x201C;

1!'(ĹŠ2#ĹŠ"#23 !¢Ŋ#-ĹŠ + ĹŠĹŠ/14# ĹŠ!(!+~23(! : ĹŠÄ&#x203A; 9_Yb_ijWi Z[ ?cXWXk#

hW" F_Y^_dY^W" AWpW`WijWd o ;if[`e 9WhY^_ fWhj_Y_fWhed [b Zec_d]e Â&#x2018;bj_ce [d bW Yec# f[j[dY_W Y_YbÂ&#x2021;ij_YW h[Wb_pWZW [d KhYkgkÂ&#x2021; ?cXWXkhW $ ;d bW YWj[]ehÂ&#x2021;W `kl[d_b ,& a_bÂ&#x152;c[jhei [b fh_c[h bk]Wh \k[ fWhW I[XWij_|d HeZhÂ&#x2021;]k[p" Z[b 9WhY^_$ BW i[]kdZW YWi_bbW \k[ fWhW EiYWh OWp|d" Z[ bW ;iYk[# bW Z[ 9_Yb_ice Z[ bW B_]W :[# fehj_lW 9WdjedWb Z[ ;if[`e$ Bei YWhY^[di[i \k[hed [i# YebjWZei feh @eiÂ&#x192; IWb]WZe 8_# Y_Yheii ?cXWXkhW " xc[hied 9ebY^W 9WoWcX[ [ ?l|d FWZ_# bbW ?cXWXkhW $ ;d bW YWj[]ehÂ&#x2021;W fh[`kl[d_b +& a_bÂ&#x152;c[jhei [b ]WdWZeh \k[ 8[d`WcÂ&#x2021;d Gk_dj[he" Z[ ?cXW# XkhW" i[]k_Ze Z[ ik Yej[hh|d[e

@eiÂ&#x192; FWZ_bbW$ ;b j[hY[h bk]Wh \k[ fWhW <hWdYe HeZhÂ&#x2021;]k[p" Z[b 9WhY^_$ ;b YkWhje o gk_dje fk[ijei eYkfWhed :Wl_Z 9^kgkÂ&#x2021;d o ;ZkWhZe CWbgkÂ&#x2021;d" Z[ F_Y^_d# Y^W [ ?cXWXkhW$ ;d bW YWj[]ehÂ&#x2021;W Â&#x192;b_j[ ikX () ,& a_bÂ&#x152;c[jhei i[ _cfkie [b _cXWXkh[Â&#x2039;e ;ZkWhZe FWifk[# p|d$ Be [iYebjWhed kd ]hkfe Z[ Y_Yb_ijWi Z[ AWpW`WijWd$ ;b jÂ&#x192;Yd_Ye Z[ Y_Yb_ice Z[ bW ;iYk[bW Z[ bW B_]W :[# fehj_lW 9WdjedWb Z[ ;if[`e" @kWd Hei[he 9Â&#x152;hZelW" W]hW# Z[Y_Â&#x152; Wb fh[i_Z[dj[ Z[ bW B_]W :[fehj_lW 9WdjedWb Z[ KhYkgkÂ&#x2021;" <Wkije 7dWd]edÂ&#x152;1 WiÂ&#x2021; Yece W bW _dij_jkY_Â&#x152;d W bW gk[ f[hj[d[Y[ o Wb Ckd_Y_# f_e Z[ ;if[`e$

Ä&#x201C;ĹŠ (!+(23 2ĹŠ,#-.1#2ĹŠ"#ĹŠ+ ĹŠ/1.5(-!( ĹŠ"#+ĹŠ 1!'(ĹŠ"#23 ! 1.-ĹŠ#-ĹŠ+ ĹŠ !.,/#3#-!( ĹŠ"#ĹŠ 1!404~Ŋĸ , 41 ÄšÄ&#x201C;

bbei lebl[h|" W bei WÂ&#x2039;ei" W i[h [b [iY[dWh_e Z[ kdW fhe]hWcWY_Â&#x152;d XenÂ&#x2021;ij_YW$ CWÂ&#x2039;WdW i[ WXh_h|d bWi fk[hjWi fWhW eXi[hlWh [d [b YkWZh_b|j[he W bWi fhec[iWi Z[b YbkX Eh_[djWb Z[ JkbY|d o Z[ bW B_]W IWd @kWd Z[ Gk_je$ BWi [ceY_ed[i [cf[# pWh|d W bWi ',0&&$ Bei WĂ&#x2019; Y_edWZei gk[ Wi_ijWd Wb [iY[dWh_e Z[ bW YWbb[ @kdÂ&#x2021;d" [djh[ HW\W[b 7h[bbWde o =hWd 9ebec# X_W" j[dZh|d bWi efehjkd_ZWZ Z[ eXi[hlWh '( YecXWj[i$ ;b _d]h[ie Wf[dWi YeijWh| kd ZÂ&#x152;bWh fWhW bWi f[hiedWi WZkbjWi$ Bei d_Â&#x2039;ei de fW]Wh|d$ ;b fhe]hWcW Z[fehj_le [i eh]Wd_pWZe feh [b YbkX ieY_Wb" YkbjkhWb o Z[fehj_le Eh_[djWb$ BWi ][ij_ed[i Wdj[ bW B_]W IWd @kWd Z[ Gk_je \k[hed ^[Y^Wi feh [b Z_h[Yjeh_e fh[i_Z_Ze feh Bk_i Gk[pWZW" WiÂ&#x2021; Yece bei [nXen[WZeh[i o [djh[dWZeh[i" =[hc|d BecWi o I[]kdZe Ă&#x2C6;9W# Y^ehheĂ&#x2030; =WhYÂ&#x2021;W$

Ă&#x152;3 .+ĹŠ(-$ -3(+ĹŠ #-ĹŠ+ ĹŠ 4!1#

4+!;-Ä&#x2013;ĹŠ -ĹŠ + ĹŠ #2!4#+ ĹŠ 4!1#ĹŠ .Ä&#x201C;ĹŠÄ&#x2C6;ĹŠ2#ĹŠ)4#% ĹŠ#+ĹŠ! ,/#.- 3.ĹŠ "#ĹŠ $Ă&#x152;3 .+ĹŠ "#ĹŠ +.2ĹŠ /1(,#1.2ĹŠ 8ĹŠ 2#%4-".2ĹŠ Â .2ĹŠ ;2(!.2Ä&#x201C;

ĹŠ (- 4%41 !(¢-ĹŠ $4#ĹŠ #+ĹŠ ,(_1Äą !.+#2ĹŠ"#2/4_2ĹŠ"#ĹŠ+ 2ĹŠÄ&#x2021;Ä&#x2019;Ä&#x2013;Ä&#x2021;Ä&#x2021;ĹŠ#-ĹŠ +.2ĹŠ/ 3(.2ĹŠ"#+ĹŠ#23 +#!(,(#-3.ĹŠ #"4! 3(5.Ä&#x201C; +ĹŠ!#13 ,#-ĹŠ!.-!+4(1;ĹŠ#+ĹŠ+4-#2ĹŠ /1¢7(,.Ä&#x201C;ĹŠ .2ĹŠ/ 13(".2ĹŠÄ&#x192;ĹŠ- +#2ĹŠ #,/#9 1;-ĹŠ ĹŠ)4% 12#ĹŠ"#2"#ĹŠ+ 2ĹŠ Ä&#x2021;Ä&#x2019;Ä&#x2013;Ä&#x2021;Ä&#x2021;Ä&#x201C;

Be _cfehjWdj[ [i h[WYj_lWh [b Xen[e" gk[ fh|Yj_YWc[dj[ [ij| j[hc_dWZe" o gk[ bei WĂ&#x2019; Y_edW# Zei lk[blWd W bei [iY[dWh_ei Z[fehj_lei" [i bW fhefk[ijW Z[b Z_h[Yj_le$ Gk[pWZW Z_`e gk[ bW _dij_jk# Y_Â&#x152;d Z[fehj_lW lebl[h| bW l_i_jW W bei Xen[WZeh[i gk_j[Â&#x2039;ei$ BW \[Y^W jeZWlÂ&#x2021;W de [ij| Z[Ă&#x2019; d_ZW$ ;d WXh_b feh bWi Ă&#x2019; [ijWi Z[ YWdjed_pWY_Â&#x152;d Z[ JkbY|d i[ j_[d[ fbWd[WZe kd _dj[hYWcX_e Yed ?cXWXkhW$ ;d [b h[ije Z[b WÂ&#x2039;e ^WXh| ejhWi fhe]hWcWY_e# d[i$ Bei Z[fehj_ijWi [djh[dWd jeZei bei ZÂ&#x2021;Wi XW`e bWi Â&#x152;hZ[d[i Z[ I[]kdZe Ă&#x2C6;9WY^ehheĂ&#x2030; =WhYÂ&#x2021;W o =[hc|d BecWi [d [b Yeb_i[e '/ Z[ Del_[cXh[ Z[iZ[ bWi ',0&& ^WijW bWi '/0&&$ BW ;iYk[bW Z[ 8en[e \kdY_edW Z[iZ[ eYjkXh[ Z[b WÂ&#x2039;e Wdj[h_eh$ ;b Ckd_Y_f_e Z[ JkbY|d Wfe# oÂ&#x152; Yed bW Z_\ki_Â&#x152;d Z[ bW fhe# ]hWcWY_Â&#x152;d XenÂ&#x2021;ij_YW$ 7o[h kd l[^Â&#x2021;Ykbe Z[ bW _dij_jkY_Â&#x152;d i[

2ĹŠ,#).1#2ĹŠ /#+# 2 Ĺ&#x2014;ĹŠĹŠ

-ĹŠ#+ĹŠ5(#).ĹŠ!.+(2#.ĹŠ"#ĹŠ+ ĹŠ! ++#ĹŠ 4-~-ĹŠ 2#ĹŠ. 2#15 1.-ĹŠ/.1ĹŠ,4!'.2ĹŠ  .2ĹŠ #2/#!3 !4+ 1#2ĹŠ!., 3#2ĹŠ!.-ĹŠ+ ĹŠ /1#2#-!( ĹŠ"#ĹŠ~".+.2Ä&#x201D;ĹŠ!.,.ĹŠ + ,(1.ĹŠ .-3 +5.Ŋĸ +ĹŠ (!+¢-ĹŠ 1!'#-2#ÄšÄ&#x201D;ĹŠ

.2_ĹŠÄĽ #,~-ÄŚĹŠ 231 " Ä&#x201D;ĹŠ #%4-".ĹŠ ÄĽ !'.11.ÄŚĹŠ 1!~ Ä&#x201D;ĹŠ #1,;-ĹŠ ., 2ĹŠ 8ĹŠ.31.2ĹŠ04#ĹŠ'(!(#1.-ĹŠ'(23.1( ĹŠ#-ĹŠ#+ĹŠ .7#.ĹŠ/1.5(-!( +ĹŠ8ĹŠ- !(.- +Ä&#x201C; +ĹŠ#2!#- 1(.ĹŠ"#/.13(5.ĹŠ3(#-#ĹŠ! Äą / !(" "ĹŠ/ 1 ĹŠ,;2ĹŠ"#ĹŠ,(+ĹŠ/#12.- 2Ä&#x201C;ĹŠ , (_-ĹŠ2(15(¢Ŋ/ 1 ĹŠ/1.%1 , !(.-#2ĹŠ 13~23(! 2Ä&#x201D;ĹŠ/#1.ĹŠ' !#ĹŠ  .2ĹŠ#23;ĹŠ 24,(".ĹŠ#-ĹŠ#+ĹŠ -".-.Ä&#x201C;

[dYWh]Â&#x152; Z[ _dl_jWh Wb WĂ&#x2019; Y_edW# Ze W ZWhi[ Y_jW Wb [iY[dWh_e Z[# fehj_le$ JWcX_Â&#x192;d i[ WdkdY_Â&#x152; bW h[fWhj_Y_Â&#x152;d Z[ ^e`Wi lebWdj[i$ ;b fh[i_Z[dj[ Z[b Eh_[djWb f_Z_Â&#x152; Wb Z_h[Yjeh_e Z[ bW <[Z[# hWY_Â&#x152;d :[fehj_lW Z[b 9WhY^_ fh[eYkfWhi[ Z[b [nYeb_i[e Z[ ]Wbbei fehgk[ [ij| Yecfb[jW# c[dj[ Z[j[h_ehWZe$ I[ d[Y[i_jÂ&#x152; Z[ bW _dj[hl[d# Y_Â&#x152;d Z[b 9k[hfe Z[ 8ecX[hei Z[ JkbY|d fWhW Ă&#x2C6;bWlWhbeĂ&#x2030; o h[Y_# X_h cWÂ&#x2039;WdW W bei WĂ&#x2019; Y_edWZei Wb Z[fehj[ Z[ bWi dWh_Y[i Y^WjWi$


Ĺ? Ĺ?

Ĺ?

7 7 Ä Ä&#x2021; 3Ĺ&#x2039;*, ) /* #Â&#x161;(Ĺ&#x2039; .- !(¢-ĹŠ"#ĹŠ2 -%1#

.-3Ă&#x152;$ 1Ä&#x201C;ĹŠ ĹŠ 149ĹŠ .) ĹŠ"#+ĹŠ 1!'(Ä&#x201D;ĹŠ"#ĹŠ !4#1".ĹŠ ĹŠ24ĹŠ-. +#ĹŠ,(2(¢-ĹŠ'4, -(3 1( Ä&#x201D;ĹŠ!.-3(-Ă&#x152; ĹŠ#-ĹŠ+ ĹŠ! ,/  Ŋ"#ĹŠ".- !(¢-ĹŠ 5.+4-3 1( ĹŠ"#ĹŠ2 -%1#Ä&#x201D;ĹŠ ĹŠÄ&#x192;-ĹŠ"#ĹŠ 3#-"#1ĹŠ ĹŠ+.2ĹŠ1#04#1(,(#-3.2ĹŠ"#ĹŠ'.2/(3 +#2ĹŠ8ĹŠ!+~-(! 2ĹŠ/1(5 " 2Ä&#x201C;ĹŠ .1ĹŠ#23#ĹŠ,.3(5.ĹŠ'.8ĹŠ ĹŠ31 Äą 5_2ĹŠ"#ĹŠ+ ĹŠ!..1"(- !(¢-ĹŠ"#+ĹŠ .,.!#-31.ĹŠ"#ĹŠ+ ĹŠ #"( ĹŠ 4- ĹŠ .) Ä&#x201D;ĹŠ2#ĹŠ++#5 1;ĹŠ ĹŠ! .ĹŠ+ ĹŠ! /3 !(¢-ĹŠ"#ĹŠ2 -%1#ĹŠ#-ĹŠ+ ĹŠ#,/1#2 ĹŠ ÄĄ +/(- ĢŊ04#ĹŠ$4-!(.- ĹŠ!#1! ĹŠ"#ĹŠ+ ĹŠ!(4" "ĹŠ"#ĹŠ -ĹŠ 1(#+Ä&#x201C;ĹŠ

ĹŠ".- !(¢-ĹŠ2#ĹŠ+ ĹŠ1# +(9 1;ĹŠ#-ĹŠ#+ĹŠ 42ĹŠ , 4+ -3#ĹŠ04#ĹŠ#23 ĹŠ"# (" ,#-3#ĹŠ#04(/ ".Ä&#x201C;

0%!),+ (! 01. Ä Ä&#x2020;Ĺ?)%*Ä&#x2039;

Ĺ?Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A; Ĺ?Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

ÝúúĹ&#x2039; Â&#x2DC;)-Ĺ&#x2039; Ĺ&#x2039;& Ĺ&#x2039;'/ ,. Ĺ&#x2039; &Ĺ&#x2039; # $)Ĺ&#x2039; / " ), : ĹŠÄ&#x203A;ĹŠ ;d Yedc[cehWY_Â&#x152;d Z[

bW ck[hj[ Z[b L_[`e BkY^WZeh" ;beo 7b\Whe" Ykoe b[]WZe c|i _cfehjWdj[ \k[ bW Z[\[diW Z[ bei lWbeh[i Z[ceYh|j_Yei" bW kd_ZWZ dWY_edWb o bW _dj[]h_ZWZ j[hh_je# h_Wb Z[b ;YkWZeh" [b bW_Y_ice o bW ceZ[hd_pWY_Â&#x152;d Z[ bW ieY_[ZWZ [YkWjeh_WdW" cWÂ&#x2039;WdW (- i[ h[W# b_pWh| [d JkbY|d" kd fhe]hWcW [if[Y_Wb [d [b FWhgk[ Z[ bW ?dZ[# f[dZ[dY_W W fWhj_h Z[ bWi '/^&&$ ;b [l[dje be h[Wb_pWh| bW Yeeh# Z_dWZehW Z[b Cel_c_[dje F7?I [d bW fhel_dY_W Z[b 9WhY^_" gk_[# d[i Z[ijWYWd gk[ [ijW [i kdW \[# Y^W gk[ [dbkjW [b f[diWc_[dje b_X[hWb Z[ 7cÂ&#x192;h_YW" fk[i [b fWÂ&#x2021;i f[hZ_Â&#x152; l_eb[djWc[dj[ W kd ^ec# Xh[ gk[ WYjkÂ&#x152; [d XWi[ W _Z[Wb[i Z[ b_X[hjWZ" _]kWbZWZ o `kij_Y_W ieY_Wb" be gk[ i_]d_Ă&#x2019;YÂ&#x152; kd YWc# X_e Z[ hkcXe Z[b ;ijWZe ;YkW# jeh_Wde$ ;d [b [l[dje fWhj_Y_fWh|d WZ[c|i [ijkZ_Wdj[i Z[ _dij_jk# Y_ed[i i[YkdZWh_Wi Z[ bW beYWb_# ZWZ" o 9ec_jÂ&#x192;i Z[ bW H[lebkY_Â&#x152;d 9_kZWZWdW" 9H9" gk[ i[ YedY[d#

Ä&#x201C;ĹŠ .8ĹŠ2#ĹŠ#$#!Äą 34 1;ĹŠ4-ĹŠ#5#-3.ĹŠ/ 1 ĹŠ!.-,#,.Äą 1 1ĹŠ+.2ĹŠÄ&#x2C6;Ä&#x2021;ĹŠ Â .2ĹŠ"#ĹŠ+ ĹŠ,4#13#ĹŠ"#+ĹŠ (#).ĹŠ 4!' ".1Ä&#x201C;

jhWh|d fWhW h[YehZWh Wb febÂ&#x2021;# j_Ye o [ijWZ_ijW c|i Z[ijWYW# Ze Z[ bW ^_ijeh_W h[fkXb_YWdW Z[b ;YkWZeh$

(Ĺ&#x2039;&)-Ĺ&#x2039;*,) / .), (%# 3.Ä&#x201D;ĹŠ!.-31 -".ĹŠ"#ĹŠ/ / 2ĹŠ8ĹŠ+ ĹŠ /1.'( (!(¢-ĹŠ"#+ĹŠ31 2+ ".ĹŠ"#ĹŠ).1- +#1.2ĹŠ #-ĹŠ! ,(.-#3 2ĹŠ2.-ĹŠ+.2ĹŠ/1. +#, 2Ä&#x201C;

iebkY_Â&#x152;d \k[ f[eh fehgk[ bei Wdj_ieY_Wb[i i[ heXWXWd bei Xe# l_dei Yed c|i \WY_b_ZWZ$ C[i[i Wjh|i i[ bb[]Â&#x152; W kd Yedi[die Yed bW Feb_YÂ&#x2021;W DWY_e# dWb fWhW feZ[h jhWdifehjWh W bei : ĹŠ Ä&#x203A;ĹŠ Bei fheZkYjeh[i Z[ bW bW h[kd_Â&#x152;d Yed CWhÂ&#x2021;W >[b[dW L_# `ehdWb[hei [d bWi YWc_ed[jWi" fhel_dY_W bk[]e Z[ kdW h[kd_Â&#x152;d bbWh[Wb" ]eX[hdWZehW Z[b 9WhY^_ [d bei Â&#x2018;bj_cei ZÂ&#x2021;Wi i[ iWdY_edW# [dl_Whed W kd h[fh[i[djWdj[ W f[he [d ik bk]Wh Z_[hed W Yede# hed W lWh_Wi f[hiedWi feh [ij[ bW =eX[hdWY_Â&#x152;d Z[b 9WhY^_ fWhW Y[h bei _dYedl[d_[dj[i W ;ZkWh# cej_le" Ă&#x2020;dei Yecfhec[j[cei ZWh W YedeY[h bei _dYedl[d_[dj[i Ze HkX_e" WdWb_ijW Z[ YedĂ&#x201C;_Yjei W bb[lWh YÂ&#x152;ceZWc[dj[ W bei jhW# gk[ j_[d[ [b ]h[c_e o W jhWlÂ&#x192;i Z[ fWhW gk[ YWdWb_Y[ kdW h[kd_Â&#x152;d bW XW`WZeh[i o de [nY[Z[hdei f[he bW _dij_jkY_Â&#x152;d Z[b ;ijWZe YeehZ_# c_icW gk[ i[ h[Wb_pWh| [b ' Z[ \[# [if[hWcei j[d[h ejhe WYk[hZeĂ&#x2020; dWh iebkY_ed[i$ Xh[he fWhW bb[]Wh W WĂ&#x2019;hcÂ&#x152; Hei[he$ <k[hed jh[i f[Z_Zei ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ ĹŠ kdW iebkY_Â&#x152;d$ :WhÂ&#x2021;e BWiYWde" `ehdWb[# ĹŠ fkdjkWb[i" [b fh_c[he [i ;nfb_YÂ&#x152; gk[ he Z[ @kb_e 7dZhWZ[ i[Â&#x2039;WbÂ&#x152; h[Wb_pWh Yedjheb[i W Ye# bei Yec[hY_Wd# gk[ bWi Wkjeh_ZWZ[i Z[X[d #2#2ĹŠ 31;2ĹŠ2#ĹŠ jecWh [d Yk[djW gk[ W bei !#ĹŠ".2ĹŠ  .2ĹŠ c[hY_Wdj[i YebecX_Wdei 3 , j[i YebecX_Wdei #$#!34¢Ŋ4-ĹŠ (_-ĹŠ2#ĹŠ gk[ _d]h[iWd W l[dZ[h 1#/.13 -ĹŠ bb[]Wd feh fWiei /1.8#!3.ĹŠ/ 1 ĹŠ i[Yjeh[i gk[ i[ Z_h_][d W #11 "(! 1ĹŠ#+ĹŠ1. .ĹŠ #73.12(.-#2ĹŠ8ĹŠ fWfW i_d [b f[hc_iei h[i# 2#!4#231.2ĹŠ ĹŠ+.2ĹŠ _b[]Wb[i o l[dZ[d "#ĹŠ (%# 3.Ä&#x201C;ĹŠ jhWXW`Wh de ^Wo l[^Â&#x2021;Ykbei f[Yj_le bei ZÂ&#x2021;Wi Z[ \[h_W" % - "#1.2ĹŠ"#ĹŠ+ 2ĹŠ iki fheZkYjei [d .+(!~ Ä&#x201D;ĹŠ )_1!(3.ĹŠ8ĹŠ feh [bbe bWi Wkjeh_ZWZ[i Z[# !(4" " -~ ĹŠ 9.- 2ĹŠ141 +#2Ä&#x201D;ĹŠ e\h[Y[h c|i i[]kh_ZWZ / 1 ĹŠ#5(3 1ĹŠ-4#Äą bWi \[h_Wi Z[ @kb_e / 314++ -ĹŠ+.2ĹŠ X[d i[h Ă&#x201C;[n_Xb[i [d YkWdje 2#!3.1#2Ä&#x201D;ĹŠ+4#%.ĹŠ Wb jhWdifehj[ Z[ f[hiedWi$ 5 ,#-3#ĹŠ#23.2ĹŠ [d bWi Ă&#x2019;dYWi o ^WY_[dZWi !.-3#!(,(#-3.2ĹŠ 7dZhWZ[ o IWd #23#ĹŠ/+ -ĹŠ"#2Äą kdW l[p gk[ i[ _dYh[c[d# /("#-ĹŠ1#$4#19.ĹŠ =WXh_[b" W kd fh[# 5 -#!(¢ŊŊŊ CWkh_Y_e I|dY^[p" W]h_# jÂ&#x152; dk[lWc[dj[ [b WX_][W# /.+(!( +Ä&#x201C; Y_e XW`e" i_d gk[ Ykbjeh [d CedjÂ&#x2018;\Wh _dZ_YÂ&#x152; dWZ_[ bei Yedjhe# je" o bb[]Wh W kd Yedi[die Ă&#x2020;gk[ l[^Â&#x2021;Ykbei dei lWd W Yed bW feb_YÂ&#x2021;W fWhW gk[ fk[ZWd b[$ gk[h[h bb[lWh" feh bW cWÂ&#x2039;WdW ;d bWi Â&#x2018;bj_cWi i[cWdWi i[ dei Z_h_]_cei Wb jhWXW`e Yed jhWibWZWh W bei `ehdWb[hei [d bWi YWc_ed[jWi e YWc_ed[i ^WY_W bei _dYh[c[djÂ&#x152; [b WX_][Wje" bei ]W# WpWZed[i o [d bW jWhZ[ lebl[cei i[Yjeh[i ZedZ[ lWd W jhWXW`Wh$ dWZ[hei Yed [b W\|d Z[ [l_jWh ikY_ei f[eh YkWdZe ^Wo fh[i[d# =kijWle Hei[he fh[i_Z[dj[ [ij[ _bÂ&#x2021;Y_je Yedijhko[hed Y[hYWi Y_W Z[ bbkl_Wi" feh [bbe f[Z_cei Z[b 9[djhe 7]hÂ&#x2021;YebW Z[ CedjÂ&#x2018;\Wh fWhW cWdj[d[h [d ]hkfe W iki gk[ bb[]k[d W kd WYk[hZeĂ&#x2020; cW# cWd_\[ijÂ&#x152; gk[ de fkZ_[hed j[d[h Wd_cWb[i f[he [d l[p Z[ i[h bW d_\[ijÂ&#x152; I|dY^[p$

- 4%41 !(¢-Ŋ"#Ŋ+ .1 3.1(.2

4+!;-Ä&#x2013; 8#1ĹŠ 43.1(" "#2ĹŠ"#ĹŠ+ ĹŠ -(5#12(" "ĹŠ .+(3_!-(! ĹŠ 23 3 +ĹŠ "#+ĹŠ 1!'(Ŋĸ ÄšÄ&#x201D;ĹŠ(- 4%41¢Ŋ".2ĹŠ+ .1 3.1(.2ĹŠ,4+3(,#"( ĹŠ/ 1 ĹŠ#+ĹŠ /1.!#2.2ĹŠ"#ĹŠ#-2# -9 ŊIJŊ /1#-"(9 )#ĹŠ"#ĹŠ+#-%4 2ĹŠ#731 -)#1 2Ä&#x201D;ĹŠ04#ĹŠ #23 1;-ĹŠ ĹŠ"(2/.2(!(¢-ĹŠ"#ĹŠ+ ĹŠ!.,4-(" "ĹŠ4-(5#12(3 1( Ä&#x201C;ĹŠĹŠĹŠ .-ĹŠ#23.2ĹŠ+ .1 3.1(.2ĹŠ+.2ĹŠ#234"( -3#2ĹŠ3#-"1;-ĹŠ+ 2ĹŠ'#11 ,(#-3 2ĹŠ "#!4 " 2ĹŠ/ 1 ĹŠ3#-#1ĹŠ4- ĹŠ#"4! !(¢-ĹŠ"#ĹŠ! +(" "Ä&#x201C;

Ä&#x201C;ĹŠ -.2ĹŠ"#ĹŠ+.2ĹŠ/1. +#, 2ĹŠ ĹŠ1#2.+5#1ĹŠ#2ĹŠ#+ĹŠ31 2+ ".ĹŠ"#ĹŠ).1- +#1.2ĹŠ#-ĹŠ! ,(.-#3 2ĹŠ8ĹŠ! ,(.-#2Ä&#x201C;ĹŠ #ĹŠ+.2ĹŠ31 2+ " ĹŠ"#ĹŠ#23 ĹŠ , -#1 ĹŠ/.1ĹŠ2#1ĹŠ+.2ĹŠ+4% 1#2ĹŠ"#ĹŠ31 ).ĹŠ +#) ".2Ä&#x201C;


:

āĈ

ĂĈŏ ŏ ŏĂĀāĂ ĂĈŏ ŏ ŏĂĀāĂ

ŏ +.

ŏ +. ŏ ġ ŏ ġ

)& *- ( ./ ,v -ŋ (ŋ /& 6(ŋ : ũě FheZkYje Z[ bWi \k[h#

ēũ .2ũ +! +"#2ũ"#ũ+.2ũ2#(2ũ! -3.-#2ũ5#1(ăũ! 1.-ũ#+ũ#23 ".ũ"#ũ+ ũ1#/1#2 ũ #.5 --8ũ ++#2ēũ

)(- $ ,)-ŋ0 ,#ðŋ (ŋ., $)-ŋ (ŋ& ŋ, *, - ŋ )0 ((3ŋ && ũ. 1 ũ3(#-#ũ4- ũ(-5#12(¢-ũ"#ũĉććũ,(+ũ "¢+ 1#2ēũ +ũ. )#3(5.ũ#2ũ".3 1ũ"#ũ %4 ũ ũ + 2ũ!.,4-(" "#2ũ"#ũ 2/#).ũ8ũ (1 ē : ũ ě Bk[]e Z[ WYehZWh kd

h[YYehh_Ze fh[l_e" i[ h[Wb_p kdW h[kd_ d Z[ jhWXW`e [djh[ [b fh[# \[Yje Z[b 9WhY^_ H[d OWdZ d o bei Yedi[`[hei Z[ bW fhel_dY_W" fWhW gk[ [ijei \k[hWd bei [dYWh# ]WZei Z[ _dif[YY_edWh o Ò iYWb_pWh [ijW eXhW$ BW l[h_Ò YWY_ d i[ bW [\[Yjk [b fWiWZe c_ hYeb[i" bei WbYWbZ[ Z[ JkbY|d" >kWYW" Cedj \Wh" 8eb # lWh" C_hW o [b Fh[\[Yje" i[ jhWibW# ZWhed ^WijW bW H[fh[iW =[elWd# do 9Wbb[i `kdje W j Yd_Yei Z[ bWi Z_\[h[dj[i _dij_jkY_ed[i" fWhW

YedeY[h bW h[Wb_ZWZ Z[ bW Yedi# jhkYY_ d$ J Yd_Yei Z[b =F9" [nfb_YWhed Yed ZeYkc[djWY_ d bW _dl[hi_ d h[Wb_pWZW" Wi c_ice bei jhWXW`ei [`[YkjWZei feh [jWfWi o [if[Y_Wb# c[dj[ bWi WYj_l_ZWZ[i gk[ i[ lWd W Z[iWhhebbWh [d [ijW eXhW$ FWhW 9Wcfe FWifk[b" WbYWbZ[ Z[ >kWYW" [ijW l_i_jW f[hc_j_ Z[if[`Wh lWh_Wi _dgk_[jkZ[i o YedeY[h bei jhWXW`ei gk[ i[ [`[Yk# jWd WYjkWbc[dj[$Æ;i kdW eXhW Z[ ]hWd _cfehjWdY_W fWhW bW fhel_d# Y_W" feh [ie ^[cei l[d_Ze W Ye#

deY[h bW \kdY_edWb_ZWZ" eX`[j_lei jhkYY_ d Z[ bW H[fh[iW =[elWddo gk[ f[hi_]k[ [ijW YedijhkYY_ dÇ" 9Wbb[i" Yed bW Ò dWb_ZWZ Z[ ZejWh WYej FWifk[b$ Z[ W]kW fWhW h_[]e W bW pedW Yec# :[djhe Z[ bei jhWXW`ei Yecfb[# fh[dZ_ZW [djh[ ;if[`e o C_hW$ c[djWh_ei i[ [dYk[djhW bW ;ijW _d\hW[ijhkYjkhW fhej[YY_ d Z[ bei jWbkZ[i ũ [ij| Yecfk[ijW feh kd YedjhW [b [\[Yje [hei_le ckhe Z[ ]Wl_ed[i e f_[# Z[b eb[W`[" YWcX_e Z[ Yec# ZhW" YebeYWZW [d cWbbWi Z[ fk[hjWi" YebeYWY_ d Z[ jk# %1(!4+3.1#2ũ04#ũ WbWcXh[" Yed [b eX`[je Z[ 3(#-#-ũ242ũ X[h W feh [b jhWo[Yje Z[ bW /1./(#" "#2ũ c[`ehWh ik h[i_ij[dY_W o ik WY[gk_W CehWd gk[ j_[d[ #-31#ũ 2/#).ũ8ũ (1 Ĕũ#23;-ũ ũ+ ũ cel_b_ZWZ \h[dj[ W bW fh[# kd h[Yehh_Ze Z[ . a_b c[# #2/#1 ũ04#ũ#+ũ i_ d Z[b W]kW$ /1.8#!3.ũ#-31#ũ jhei o c[Z_e$ 7fhen_cW# #-ũ$4-!(.- ı 9ece [d jeZe fheo[Yje ZWc[dj[ [d WXh_b Z[b (&'(" ,(#-3.ũ/ 1 ũ Z[ ]hWd cW]d_jkZ" [i d[# 3#-#1ũ4-ũ1(#%.ũ Ò dWb_pWh|d [ijWi eXhWi o ./3(,.ēũ Y[iWh_e h[Wb_pWh fhk[XWi Z[ Wfhel[Y^WdZe bWi bbkl_Wi \kdY_edWc_[dje gk[ ZkhWd Z[ WXh_b o cWoe i[ bb[dWh| Z[ . W '( c[i[i" j_[cfe [d dk[lWc[dj[ bW h[fh[iW [b YkWb i[ fkZe Z[j[YjWh bW d[Y[# i_ZWZ Z[ [`[YkjWh eXhWi Yecfb[# #!4#-3.ũ c[djWh_Wi fWhW c[`ehWh ik \kd# ;d [b W e (&&+" _d_Y_ bW Yedi# Y_edWc_[dje$

ũ ũ ũ ũ

ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ŢŴ 3Ŵ- , 3Ŵ2$, ")/.$3Ŵ, !/2 ,$3ğŴ5. Ŵ#)2$"ļ ")­.Ŵ). #$"5 # ğŴ, Ŵ% ,4 Ŵ#$Ŵ2$"/./")-)$.4/ğ, Ŵ ).3$&52)# #Ŵ$.Ŵ$,Ŵ$-0,$/Ŵ3/.Ŵ" 53 Ŵ#$Ŵ).3 4)3ļ % "")­.Ŵ9Ŵ#$,Ŵ#$3$." #$. -)$.4/Ŵ#$Ŵ-5"(/3Ŵ 3 .4/- 3Ŵ"/-/Ŵ$,$6 ")­.Ŵ#$Ŵ, Ŵ4$.3)­.Ŵ 24$2) ,Ŵ 9Ŵ02/!,$- 3Ŵ03)"/3/-<4)"/3ğŴ15$Ŵ-5"( 3Ŵ6$"$3Ŵ )." 0 ")4 .Ŵ4$-0/2 ,-$.4$Ŵ ŴŴ,/3Ŵ42 ! * #/2$3Ŵ 9Ŵ#)3-).59$.Ŵ35Ŵ02/#5"4)6)# #ĞŴ ŢŴ $&×.Ŵ$34)- ")/.$3Ŵ#$,Ŵ ."/Ŵ 5.#) ,Ŵ ŃēĝĝĕńğŴ,/3Ŵ02/!,$- 3Ŵ-$.4 ,$3Ŵ"/.34)459$.ŴŴ$,Ŵ ĜĞēţŴ#$Ŵ, Ŵ" 2& Ŵ-5.#) ,Ŵ0/2Ŵ$.%$2-$# #$3ĞŴ /3Ŵ 42 34/2./3Ŵ#$02$3)6/3ğŴ, 3Ŵ,$3)/.$3Ŵ 54/).%,).&)ļ # 3ğŴ, Ŵ#$0$.#$.") Ŵ#$Ŵ ,"/(/,ğŴ, Ŵ$0),$03) ğŴ, Ŵ 03)"/3)3Ŵ9Ŵ$,Ŵ$342j3Ŵ0/34ļ42 5-<4)"/Ŵ3$Ŵ$."5$.ļ 42 .Ŵ$.42$Ŵ,/3Ŵ02/!,$- 3Ŵ-<3Ŵ2$,$6 .4$3Ğ ŢŴ Ŵ02$6 ,$.") Ŵ#$,Ŵ2$42 3/Ŵ-$.4 ,Ŵ9Ŵ#$Ŵ, Ŵ

$0),$03) Ŵ3/.Ŵ#$Ŵ42$3Ŵ Ŵ")."/Ŵ6$"$3Ŵ-<3Ŵ ,4 3Ŵ $.Ŵ,/3Ŵ0 3$3Ŵ35!#$3 22/,, #/3Ŵ15$Ŵ$.Ŵ,/3Ŵ ).#5342) ,): #/3Ğ ŢŴŴ .Ŵ$,Ŵ-5.#/ğŴ$.42$Ŵ5.Ŵ"5 24/Ŵ9Ŵ5.Ŵ4$2")/Ŵ#$,Ŵ 4/4 ,Ŵ#$Ŵ"/.35,4 3Ŵ($"( 3Ŵ$.Ŵ$,Ŵ.)6$,Ŵ02)- 2)/Ŵ #$Ŵ 4$.")­.Ŵ4)$.$.Ŵ"/-/Ŵ" 53 Ŵ,/3Ŵ42 34/2./3Ŵ #$02$3)6/3Ğ ŢŴ Ŵ2$6)3)­.Ŵ#$Ŵ4/# Ŵ$34 Ŵ& - Ŵ#$Ŵ &2$3/2$3ŴŴ -!)$.4 ,$3ŴŴ9Ŵ3/") ,$3Ŵ9Ŵ353Ŵ"/.3$"5$.") 3Ŵ $.Ŵ, Ŵ3 ,5#Ŵ% 3)" Ŵ9Ŵ-$.4 ,ğŴ./3Ŵ/!,)& .Ŵ Ŵ 2$ďŴ$8)/. 2Ŵ15$Ŵ$,Ŵ3$2Ŵ(5- ./Ŵ3 ./Ŵ./Ŵ3/,/Ŵ$3Ŵ 15$Ŵ" 2$"$Ŵ#$Ŵ$.%$2-$# #ğŴ3)./Ŵ$,Ŵ15$Ŵ&/: Ŵ #$Ŵ5.Ŵ$34 #/Ŵ#$Ŵ 2-/. Ŵ% 3)" ğŴ03 15)" Ŵ9Ŵ 3/") ,Ŵ9Ŵ0/3$$Ŵ, Ŵ" 0 ")# #Ŵ#$Ŵ # 04 23$Ŵ Ŵ, 3Ŵ 6 2) ")/.$3Ŵ#$,Ŵ -!)$.4$Ŵ. 452 ,Ŵ9Ŵ3/") ,ğŴ#$Ŵ 4 ,Ŵ%/2- Ŵ15$Ŵ05$# Ŵ"/.42)!5)2Ŵ ,Ŵ!)$.$34 2Ŵ

).#)6)#5 ,ğŴ% -),) 2Ŵ9Ŵ3/") ,Ŵ#$Ŵ "5$2#/Ŵ"/.Ŵ 353Ŵ" 0 ")# #$3Ğ ŢŴ $&×.Ŵ, Ŵ Ŵ, Ŵ3 ,5#Ŵ-$.4 ,Ŵ$3Ŵ$,Ŵ2$35,4 ļ #/Ŵ#$,Ŵ$15),)!2)/Ŵ 2-­.)"/Ŵ$.42$Ŵ, Ŵ3 ,5#Ŵ% 3)ļ " Ŵ9Ŵ, Ŵ03)"/,­&)" Ŵ#$,Ŵ).#)6)#5/ğŴ$.Ŵ2$, ")­.Ŵ #)2$"4 Ŵ"/.Ŵ,/3Ŵ% "4/2$3Ŵ#$Ŵ"/.6)6$.") Ŵ$.Ŵ$,Ŵ (/& 2ğŴ$,Ŵ42 ! */Ŵ9Ŵ, Ŵ3/")$# #ĢŴ#$0$.#)$.#/Ŵ $34 3Ŵ#$Ŵ, Ŵ35- Ŵ#$Ŵ6 ,/2$3Ŵ).#)6)#5 ,$3ğŴ#$,Ŵ .)6$,Ŵ#$Ŵ$#5" ")­.Ŵ$Ŵ).3425"")­.ğŴ.)6$,Ŵ$"/.­ļ -)"/Ŵ9Ŵ3/") ,Ŵ15$Ŵ3$Ŵ$."5$.42 Ŵ5!)" #/Ŵ#$.ļ 42/Ŵ#$,Ŵ"/.&,/-$2 #/Ŵ(5- ./Ğ ŢŴ $)4$2 #/3Ŵ,/3Ŵ($"(/3Ŵ#$-5$342 .Ŵ,/3Ŵ!$.$ļ ĎŴ")/3Ŵ15$Ŵ2$0/24 Ŵ$,Ŵ!)$.$34 2Ŵ-$.4 ,Ŵ9Ŵ3 4)3ļ % "")­.Ŵ0$23/. ,ĞŴ ŢŴ $84/Ŵ4/- #/Ŵ#$,Ŵ .5 ,Ŵ#$Ŵ3 ,5#Ŵ-$.4 ,Ŵ9Ŵ 42 ! */Ğļ

1, !( 2ũ"#ũ341-. ŋŋ Ľŋüą Ąŋŋ

ŋŋ ŋ Ą ŋ

ĄŋąŋüăĂþĚāûúĄ ą Ąŋ ŋŋ ŋŋŋŋą üăĂĀĚüĀāĄ ŋŋ Ľŋûą u ŋŋŋ ŋŋ ąŋŋ üăĂÿĚÿāāĄ ŋŋ Ľŋûą ŋŋ ŋ ŋŋ ĄąŋüăĂûĚúāûĄ

j[i bbkl_Wi o [b Z[i]Wij[ Z[ bW jkX[h W Z[ WbYWdjWh_bbWZe i_# jkWZe [d bW Yeef[hWj_lW Z[ l_l_[dZW ÆBei ;ij_XWZeh[iÇ fheZk`[hed gk[ bW fWhj[ ikf[# h_eh Z[ bW [iYWb_dWjW Z[ _d]h[ie ^WY_W [ij[ XWhh_e i[ Z[hhkcX[$ IkY[ie gk[ eYkhh_ [b fWiWZe `k[l[i$ 7b [ijWh [b YedZkYje Z[ W]kWi i[hl_ZWi kX_YWZe W kdW fhe\kdZ_ZWZ Wfhen_# cWZW Z[ i[_i c[jhei" _d_# Y_Wbc[dj[ de i[ eXi[hlWXW bWi \_bjhWY_ed[i f[he YkWd# Ze [b ZW e i[ _dYh[c[dj " ZkhWdj[ bei bj_cei Z Wi Xhej [b W]kW W bW ikf[h\_# Y_[ feh be YkWb bW ;cfh[iW F Xb_YW Ckd_Y_fWb Z[ 7]kW FejWXb[ o 7bYWdjWh_bbWZe Z[ JkbY|d ;fcWfW#J jec bW Z[Y_i_ d Z[ [nYWlWh bW fWhj[ bWj[hWb Z[b ]hWZ[h e o i[ l[# h_\_Y gk[ de j[d W bW Y_c[d# jWY_ d h[if[Yj_lW" fheZkYje Z[ [bbe bW [iYWb_dWjW i[ Z[i# fbec $ BW ;fcWfW#J _d_Y_ Yed bei jhWXW`ei [d [ij[ XWhh_e i_jkWZe [d bW fWhj[ XW`W Z[b fWhgk[ 9edik[be 8[dWl_# Z[i YedeY_Ze Wdj[h_ehc[d# j[ Yece Æ:[ BWi Jehjk]WiÇ" [ije Yed [b \_d Z[ Yedijhk_h [b dk[le WbYWdjWh_bbWZe Yed fepei [if[Y_Wb[i Z[ ^eh# c_] d WhcWZe fWhW [l_jWh \kjkhei _dYedl[d_[dj[i" Z[X_Ze W gk[ bW jkX[h W Z[ Y[c[dje Ykcfb_ ik l_ZW j_b Z[ Wfhen_cWZWc[dj[ )& W ei$ I[ [ij_cW gk[ [ijW eXhW Z[ WbYWdjWh_bbWZe j[d# Zh| kd Yeije Wfhen_cWZe Z[ (& c_b Z bWh[i$

^ ũ ũ ũ Ë

.+(!~ ũ ĒđćıĊČĎ ., #1.2ũ ĒđćıĉĉĒ 149ũ .) ũũũũũũũũũũũũũũũũũũũũũũũũũũũũũĒđćıĈćć -!.ũ"#ũ -%1#ũũũũũũũũũũũũũũũĒđćıĐĐĐ .2/(3 +ũ ĒđćıĊĈď . #1- !(¢-ũ ũĒđćıĊćĈ -3#-"#-!( ũ ĒđćıĐĒĈ .+(!~ ũ 4"(!( +ũ ũũũĒđćıďČĊ 1;-2(3.ũ ũĒđćıĊćĊ (%1 !(¢-ũũũũũũũũũũũũũũũũũũũũũũũũũũũũũũĒđĎıđĈĒ -3(- 1!¢3(!.2ũ ũũũũũũũũũũũũĒďćıĈďĉ

-!.ũ ũũũũũũũũũũũũũĉĒďĉıČĈĈ -!.ũ"#+ũ 4231.ũũũũũũũũũũũũũũũĉĒđČıĉĒĒ -!.ũ (!'(-!' ũũũũũũũũũũũũũũũũũĉĒđćıĎĉĒ -!.ũ"#ũ 4 8 04(+ũũũũũũũũũĉĒďĉıČćć -!.ũ (-! ũũũũũũũũũũũũũũũũũũũũũũũũũũĉĒđđıĒđđ


Ĺ? Ĺ?

Ĺ?

Ä Ä&#x2030;

/'*&# ,)(Ĺ&#x2039; )(Ĺ&#x2039;-/Ĺ&#x2039; *,#' , Ĺ&#x2039; ),' #Â&#x161;(

Ĺ?Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

2ĹŠ#2!4#+ 2ĹŠ"#ĹŠ+ ĹŠ 1#5.+4!(¢-ĹŠ %1 1( ĹŠ /1."4!#-ĹŠ +(,#-Äą 3.2ĹŠ8ĹŠ!1( -9 ĹŠ"#ĹŠ -(, +#2Ä&#x201C;ĹŠĹŠ

Ä&#x201C;ĹŠ #ĹŠ. 2#15 ĹŠ4-.ĹŠ"#ĹŠ+.2ĹŠ31 ).2ĹŠ#$#!43 ".2ĹŠ/.1ĹŠ#234"( -3#2ĹŠ"#+ĹŠ 1!'(ĹŠ8ĹŠ04#ĹŠ2#ĹŠ#7/.-"1;-ĹŠ, Â - ĹŠ#-ĹŠ 4(3.Ä&#x201C;ĹŠ

( ), -Ĺ&#x2039; Ĺ&#x2039; )( /,-)Ĺ&#x2039; * ,.# #* (Ĺ&#x2039; (Ĺ&#x2039; /#.) : ĹŠÄ&#x203A; ;ij[ i|XWZe" [d Gk_je

i[ [\[YjkWh| kd h[Yehh_Ze Yed# c[cehWj_le feh [b Y[dj[dWh_e Z[ bW >e]k[hW 8|hXWhW" [d [b gk[ i[ h[Wb_pWh| bW fh[i[djW# Y_Â&#x152;d Z[ bei YWhj[b[i ]WdWZeh[i Z[b YedYkhie Ă&#x2020;7hj[ H[lebk# Y_Â&#x152;d 7hj[Ă&#x2021; W d_l[b dWY_edWb" c[Z_Wdj[ kdW [nfei_Y_Â&#x152;d ck# i[e]h|Ă&#x2019; YW W be bWh]e Z[b Y[djhe ^_ijÂ&#x152;h_Ye$ ;d [ij[ [l[dje [ijWh|d fh[i[dj[i bei i_[j[ [ijkZ_Wd# j[i ]WdWZeh[i Z[ bW fhel_d# Y_W$ :[b ?dij_jkje J[YdebÂ&#x152;]_Ye Ikf[h_eh JkbY|d [ijWh| :e# c_d_gk[ :Wd_[bW =WhYÂ&#x2021;W gk[ [nfedZh| ik jhWXW`e$ :[b Ye#

b[]_e dWY_edWb ;b Ă&#x203A;d][b0 D[bbo C_h[oW 9kW_YWb o CWhÂ&#x2021;W :ebe# h[i DWlWhh[j[ 9WZ[dW$ :[b Ye# b[]_e BW IWbb[0 ;h_aW =WhYÂ&#x2021;W o @^eWddW HeXb[i$ :[ _]kWb cW# d[hW" Z[b Yeb[]_e dWY_edWb ;b Ă&#x203A;d][b0 FWXbe 7dZhÂ&#x192;i 9WZ[dW HkWde o IjWb_d CWkh_Y_e DW# lWhh[j[ 7d]kbe$ ;ij[ [l[dje" [ijkle Z_h_]_# Ze W [ijkZ_Wdj[i Z[ bei Yeb[# ]_ei Z[b ;YkWZeh o gk[ YkhiWd [b j[hY[h WÂ&#x2039;e Z[ XWY^_bb[hWje" [d [b cWhYe Z[ bW Yedc[ce# hWY_Â&#x152;d Z[ bei '&& WÂ&#x2039;ei Z[ bW ck[hj[ Z[b ][d[hWb ;beo 7b\W# he :[b]WZe o iki c|i Y[hYW# dei YebWXehWZeh[i$

1#/ 1 3(5.2ĹŠ/ 1 ĹŠ#+ĹŠ!.-!412.ĹŠ ĹŠ ĹŠ Ä&#x2013;ĹŠ ĹŠ

ĹŠ ĹŠ

-ĹŠ 1(#+Ä&#x2013;ĹŠ  - ĹŠ2#ĹŠ1# +(9 ĹŠ#+ĹŠ ĹŠ!.-!412.ĹŠ31 "(!(.- +ĹŠ"#+ĹŠ (+#ĹŠ"#ĹŠ(-.!#-3#2Ä&#x201C;ĹŠ 4 -ĹŠ 1 ".Ä&#x201D;ĹŠ3_!-(!.ĹŠ"#+ĹŠ #/ 13 ,#-3.ĹŠ"#ĹŠ 4+341 ĹŠ"#+ĹŠ,4-(!(/(.ĹŠ"#ĹŠ .-3Ă&#x152;$ 1ĹŠ1# +(9 ĹŠ+ ĹŠ#-31#% ĹŠ"#ĹŠ4-ĹŠ ! +#-" 1(.ĹŠ8ĹŠ Ä&#x192;ĹŠ!'#ĹŠ.Ä&#x192;ĹŠ!( +ĹŠ"#ĹŠ#23#ĹŠ#5#-3.Ä&#x201C;ĹŠ ĹŠ".- !(¢-ĹŠ"#ĹŠ#23#ĹŠ , 3#1( +Ä&#x201D;ĹŠ2#ĹŠ1# +(9 ĹŠ ĹŠ+ ĹŠ!(4" " -~ ĹŠ04#ĹŠ31 -2(3 ĹŠ/.1ĹŠ+ 2ĹŠ! ++#2ĹŠ8ĹŠ / 104#2ĹŠ"#ĹŠ -ĹŠ 1(#+ĹŠ ĹŠÄ&#x192;ĹŠ-ĹŠ"#ĹŠ/1.,.!(.- 1ĹŠ#23#ĹŠ(,/.13 -3#ĹŠ !3.ĹŠ04#ĹŠ 31 #1;ĹŠ ĹŠ,(+#2ĹŠ"#ĹŠ/#12.- 2Ä&#x201C;ĹŠ

ĹŠ ĹŠÄ&#x203A; 7o[h ,&) W]h_Ykbje# h[i Z[ jeZW bW fhel_dY_W" i[ ]hW# ZkWhed jhWi Wi_ij_h kd WÂ&#x2039;e o c[# Z_e W bWi Z_\[h[dj[i [iYk[bWi Z[ bW h[\ehcW W]hWh_W Z[b =eX_[hde DWY_edWb$ ;b [l[dje i[ Z[iWhhe# bbÂ&#x152; [d [b J[Wjhe bW Y_kZWZ Z[ IWd =WXh_[b$ I[ YedjÂ&#x152; Yed bW fh[i[dY_W Z[ CWkh_Y_e FheWÂ&#x2039;e" Z_h[Yjeh Z[ bW IkXi[Yh[jWhÂ&#x2021;W DWY_edWb Z[ ?dde# lWY_Â&#x152;d JÂ&#x192;Yd_YW 7]hef[YkWh_W o Z[ F[Zhe IWdj_[ij[XWd" Z[b[]WZe Z[b L_Y[c_d_ijhe Z[ 7YkWYkbjkhW o F[iYW$ :[ _]kWb cWd[hW" [ijk# l_[hed fh[i[dj[i" bei \kdY_edW# h_ei o Wkjeh_ZWZ[i Z[ bW fhel_d# Y_W$ BWi WieY_WY_ed[i gk[ f[hj[# d[Y[d W [ijWi [iYk[bWi i[ l[d \Wleh[Y_ZWi Yed bW0 ZejWY_Â&#x152;d Z[ _dikcei W]hef[YkWh_ei" \ec[dje Z[ ]WdWZ[hÂ&#x2021;W ieij[# d_Xb[" _dijWbWY_Â&#x152;d Z[ Ykbj_lei Z[ceijhWj_lei" _dijWbWY_Â&#x152;d Z[ Yh_WdpW Z[ Wd_cWb[i" WYecfW# Â&#x2039;Wc_[dje jÂ&#x192;Yd_Ye Wb W]h_Ykb# jeh" Wi[]khWc_[dje Z[ bW ie# X[hWdÂ&#x2021;W Wb_c[djWh_W" \ec[dje Z[ bW W]h_YkbjkhW ieij[d_Xb[ o Whj_YkbWY_Â&#x152;d Z[ h[Z[i _dj[# h_dij_jkY_edWb[i$

1#2ĹŠ#3 / 2ĹŠ"#ĹŠ"#2 11.++.ĹŠ

CWkh_Y_e FheWÂ&#x2039;e" Z_h[Yjeh Z[ bW IkXi[Yh[jWhÂ&#x2021;W DWY_edWb Z[ ?ddelWY_Â&#x152;d JÂ&#x192;Yd_YW 7]hef[# YkWh_W" [nfb_YÂ&#x152; W [ij[ hejWj_le gk[ \k[ [b _Z[Wb_pWZeh Z[ [ij[ fhe]hWcW W d_l[b dWY_edWb$ Ă&#x2020;>eo YedYbko[ [d ik fh_c[# hW [jWfW Z[djhe Z[b YWcfe fheZkYj_le$ Bk[]e Z[ fWiWh Z[ bW _ddelWY_Â&#x152;d j[YdebÂ&#x152;]_YW fWiWh|d W kd fheY[ie Z[ \eh# jWb[Y_c_[dje Z[ eh]Wd_pWY_Â&#x152;d o Wb \_dWb kd fheY[ie Z[ ][i# j_Â&#x152;d ieY_e [cfh[iWh_Wb fWhW [b cWdj[d_c_[dje Z[ bWi [iYk[# bWiĂ&#x2021;$ Bei W]h_Ykbjeh[i [\[YjkWhed i_[cXhWi o ieXh[ bW fh|Yj_YW Z[b Ykbj_le" i[ h[Wb_pWd bei cÂ&#x152;# Zkbei Z[ YWfWY_jWY_Â&#x152;d$ I[ fh[# j[dZ[ gk[ Z[djhe Z[b fheY[ie Z[ Wfh[dZ_pW`[ [b W]h_Ykbjeh Yec_[dY[ W i[h kd _dl[ij_]W# Zeh YkWdZe de i[ Yk[dj[ Yed bW fh[i[dY_W Z[ kd jÂ&#x192;Yd_Ye$ Bei fheY[iei Z[ Z[iWhhe# bbe Z[ bWi [iYk[bWi j_[d[d jh[i fWiei$ ;d fh_c[h bk]Wh" c[`e# hWc_[dje Z[ Ykbj_le ZedZ[ bei W]h_Ykbjeh[i Ykcfb_[hed ik c[jW o i[ ]hWZkWhed Wo[h$ ;b i[]kdZe fWie" [i [b \ehjWb[Y_# c_[dje eh]Wd_pWY_edWb W \_d Z[ gk[ de iebe i[W fheZkY_h i_de WZc_d_ijhWh$ ;b j[hY[h fWie"

Ä&#x201C;ĹŠ .2ĹŠ %1(!4+3.1#2ĹŠ2#ĹŠ%1 "4 1.-ĹŠ#-ĹŠ+ 2ĹŠÄ&#x152;Ä&#x152;ĹŠ#2!4#+ 2ĹŠ"#ĹŠ+ ĹŠ1#5.+4!(¢-ĹŠ %1 1( Ä&#x201C;ĹŠ 8ĹŠ#7/#!3 3(5 ĹŠ/.1ĹŠ+ ĹŠ 84" ĹŠ04#ĹŠ#,/1#-"#ĹŠ#+ĹŠ . (#1-.Ä&#x201D;ĹŠ,4-(!(/(.2ĹŠ8ĹŠ .31 2ĹŠ#-3(" "#2Ä&#x201C;ĹŠ

2ĹŠ#2!4#+ 2ĹŠ"#ĹŠ + ĹŠ1#5.+4!(¢-ĹŠĹŠ Ĺ&#x2014;ĹŠĹŠ

Ä&#x201C;ĹŠ -ĹŠ+ 2ĹŠ#2!4#+ 2ĹŠ2#ĹŠ(,Äą / 13#-ĹŠ3 ++#1#2ĹŠ3#¢1(!.2ĹŠ8ĹŠ/1;!3(!.2ĹŠ ĹŠ $ 5.1ĹŠ"#ĹŠ+.2ĹŠ %1(!4+3.1#2Ä&#x201C;ĹŠ

#13#-#9Äą !.ĹŠ ĹŠ -ĹŠ 1 -!(2!.ĹŠ "#ĹŠ ~-# ĹŠ .) Ä&#x201C;ĹŠ 4+3(5 ,.2ĹŠ/ / ĹŠ !.-ĹŠ+ ĹŠ2#,(++ ĹŠ!#13(Ä&#x192;ĹŠ! " ĹŠ 04#ĹŠ-.2ĹŠ".- 1.-Ģ ĹŠ ^ Ä&#x201D; ĹŠ

.,.2ĹŠ"#ĹŠ 4#2 ! Ä&#x201C;ĹŠ +ĹŠ 3_!-(!.ĹŠ-.2ĹŠ ! / !(3 ĹŠ#-ĹŠ!1# 1ĹŠ (.ĹŠ(-24,.2ĹŠ .1%;-(!.2Ä&#x201C;ĹŠ ĹŠ 84" ĹŠ"#+ĹŠ ĹŠ#2ĹŠ(,/.13 -3#Ģ ĹŠ ĹŠÄ&#x201D; ĹŠ

.8ĹŠ"#ĹŠ+ ĹŠ 2.!( !(¢-ĹŠ "#ĹŠ 4)#1#2ĹŠ %1./#!4 1( 2ĹŠ "#ĹŠ '(3 ĹŠ 2/(ĹŠ "#ĹŠ -ĹŠ 2("1.Ä&#x201C;ĹŠ 1."4!(,.2ĹŠ /.++.2ĹŠ8ĹŠ!.,#1!( +(9 ,.2ĹŠ 8 ĹŠ2# ĹŠ5(5.2ĹŠ.ĹŠ/#+ ".2Ģ ĹŠ ĹŠÄ&#x201D; ĹŠ

., 1#2ĹŠ8ĹŠ,4)#1#2ĹŠ"41 -3#ĹŠ#+ĹŠ 3(#,/.ĹŠ04#ĹŠ/#1, -#!(#1.-ĹŠ#-ĹŠ+ 2ĹŠ Ä&#x152;Ä&#x152;ĹŠ#2!4#+ 2ĹŠ1#5.+4!(.- 1( 2ĹŠ %1 1( 2ĹŠĹŠ 1#!( (#1.-ĹŠ"(5#12.2ĹŠ3#, 2ĹŠ!.,.Ä&#x2013;ĹŠ $.13 +#!(,(#-3.ĹŠ.1% -(9 !(.- +Ä&#x201D;ĹŠ %#23(¢-ĹŠ %1./#!4 1( ĹŠ8ĹŠ/1."4!!(¢-ĹŠ 2#,(ĹŠ.1%;-(! Ä&#x201C;ĹŠ

2ĹŠ#2!4#+ 2ĹŠ2#ĹŠ 2(#-3 -ĹŠ#-ĹŠ#+ĹŠ ! -3¢-ĹŠ 4+!;-Ä&#x2013;ĹŠ +".- ".Ä&#x201D;ĹŠ +ĹŠ '(! +Ä&#x201D;ĹŠ !.,4-(" "ĹŠ +ĹŠ .2.Ä&#x201D;ĹŠ 4+(.ĹŠ -Äą "1 "#Ä&#x201D;ĹŠ -3 ĹŠ 13' ĹŠ"#ĹŠ 4 Ä&#x201C;ĹŠ -ĹŠ#+ĹŠ ! -3¢-ĹŠ (1 Ä&#x2013;ĹŠ ĹŠ .-!#/!(¢-Ä&#x201D;ĹŠ !(-3.ĹŠ

()¢-ĹŠ8ĹŠ ,  .ĹŠ8ĹŠ 4 -ĹŠ .-3 +5.Ä&#x201C;ĹŠ -ĹŠ 2/#).Ä&#x2013;ĹŠ -ĹŠ 2("1.Ä&#x201D;ĹŠ ĹŠ ( #13 "ĹŠ8ĹŠ +ĹŠ . +3 +Ä&#x201C;ĹŠ -ĹŠ .-3Ă&#x152;$ 1Ä&#x2013;ĹŠ 1(23¢ +ĹŠ .+¢-Ä&#x201D;ĹŠ #1-;-"#9ĹŠ +5 ".1Ä&#x201D;ĹŠ -ĹŠ .2_ĹŠ 8ĹŠ '(3;-ĹŠ"#ĹŠ 5 11#3#2Ä&#x201C;ĹŠ -ĹŠ .+~5 1Ä&#x2013;ĹŠ

.2ĹŠ -"#2ĹŠ8ĹŠ .+~5 1ĹŠ8ĹŠ#-ĹŠ 4 ! ĹŠ#-ĹŠ+ ĹŠ / 11.04( ĹŠ 1(2! +ĹŠ 4!1#Ä&#x201C;ĹŠ #ĹŠ#23 +#!(#1.-ĹŠĹŠ"(5#12.2ĹŠ!4+3(Äą 5.2ĹŠ"#ĹŠ !4#1".ĹŠ ĹŠ+ ĹŠ9.- Ä&#x201D;ĹŠ2# -ĹŠ_23.2Ä&#x2013;ĹŠ / / 2Ä&#x201D;ĹŠ$143 +#2Ä&#x201D;ĹŠ!#1# +#2Ä&#x201D;ĹŠ%1 ,~-# 2Ä&#x201D;ĹŠ !1( -9 ĹŠ"#ĹŠ/.++.2Ä&#x201D;ĹŠ!' -!'.2ĹŠ8ĹŠ!48#2Ä&#x201C;ĹŠ -ĹŠ 4#2 ! Ä&#x201D;ĹŠ/.1ĹŠ#)#,/+.Ä&#x201D;ĹŠ2#ĹŠ#23;ĹŠ /1."4!(#-".ĹŠ (.ĹŠ(-2#!3(!(" ĹŠ8ĹŠ .Äą -.2ĹŠ.1%;-(!.2ĹŠ ĹŠÄ&#x192;ĹŠ-ĹŠ"#ĹŠ1#"4!(1ĹŠ#+ĹŠ42.ĹŠ "#ĹŠ %1.04~,(!.2Ä&#x201C;ĹŠ 8ĹŠÄ&#x2C6;Ä&#x2030;ĹŠ3_!-(!.2ĹŠ8ĹŠ! " ĹŠ4-.ĹŠ , -#) ĹŠ!4 31.ĹŠ#2!4#+ 2Ä&#x201C;ĹŠ

m_d ;ifWÂ&#x2039;W" Z_h[Yjeh fhel_d# Y_Wb Z[b CW]Wf" gk_[d Z_`e gk[ bk[]e Z[ bW ]hWZkWY_Â&#x152;d i[ ZWh| bW Yehh[ifedZ_[dj[ ieij[d_X_# b_ZWZ$ ;nfb_YÂ&#x152; gk[ [i kdW Wkje][i# j_Â&#x152;d gk[ ikf[hW [b kd c_bbÂ&#x152;d Z[ ZÂ&#x152;bWh[i o gk[ i[ _dl_[hj[ [d0 YecfhW Z[ j_[hhWi" Whh[]be Z[ YWiWi YeckdWb[i" l_l[hei W]hÂ&#x2021;YebWi" )* Xej_gk_d[i Z[ _dikcei l[j[h_dWh_ei o c|i$


Â&#x192; Ä&#x201A;Ä&#x2C6;Ĺ?Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A; Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

Ä Ä&#x160;

ĹŠ -ĹŠ+.2ĹŠ31#2ĹŠ1. .2ĹŠ ĹŠ! , (23 2ĹŠ04#ĹŠ 2#ĹŠ/1#2#-3 1.-ĹŠ #+ĹŠ+.2ĹŠĂ&#x152;+3(,.2ĹŠÄ&#x2C6;Ä&#x17D;ĹŠ "~ 2ĹŠ2#ĹŠ/#1"(#1.-ĹŠ ,;2ĹŠ"#ĹŠÄ&#x2030;Ä&#x17D;ĹŠ,(+ĹŠ Ä&#x17D;Ä&#x2021;Ä&#x2021;ĹŠ"¢+ 1#2Ä&#x201D;ĹŠ ,4!'.2ĹŠ"#ĹŠ+.2ĹŠ !.,#1!( -3#2ĹŠ"#ĹŠ ,.-#" ĹŠ-.ĹŠ31 Äą ) -ĹŠ!.-ĹŠ"(-#1.ĹŠ /1./(.Ä&#x201C;

Ä&#x201C;ĹŠ , (23 2ĹŠ"#ĹŠ,.-#" ĹŠ#-ĹŠ+ ĹŠ,(1 ĹŠ"#ĹŠ"#+(-!4#-3#2Ä&#x201D;ĹŠ#-ĹŠ+.2ĹŠĂ&#x152;+3(,.2ĹŠÄ&#x2C6;Ä&#x17D;ĹŠ"~ 2Ä&#x201D;ĹŠ2#ĹŠ1#/.13 1.-ĹŠ31#2ĹŠ1. .2ĹŠ ĹŠ!.,#1!( -3#2ĹŠ"#ĹŠ,.-#" Ä&#x201C;

/.)*,). #Â&#x161;(Ä&#x2026;Ĺ&#x2039; &. ,( .#0 Ĺ&#x2039; * , Ĺ&#x2039; ' #-. -Ĺ&#x2039; Ĺ&#x2039;')( +ĹŠ#$#!3(5.ĹŠ04#ĹŠ , -#) -ĹŠ+.2ĹŠ !.,#1!( -3#2ĹŠ"#ĹŠ ,.-#" ĹŠ 31 #ĹŠ ĹŠ +.2ĹŠ"#+(-!4#-3#2Ä&#x201C;ĹŠĹŠ : ĹŠÄ&#x203A;ĹŠ ;b c_Â&#x192;hYeb[i [d ^ehWi

Z[ bW cWÂ&#x2039;WdW i[ h[]_ijhÂ&#x152; [b heXe W ejhe YWcX_ijW Z[ ced[ZW$ ;b W\[YjWZe i[ Z[Z_YW Wb YWc# X_e Z[ ced[ZW [d Hkc_Y^WYW" i[]Â&#x2018;d YecfWÂ&#x2039;[hei Z[ bW lÂ&#x2021;Yj_cW" [b ^ecXh[ i[ Z_ifedÂ&#x2021;W W iWb_h Z[ ik l_l_[dZW kX_YWZW [d [b i[Yjeh Z[b Y[c[dj[h_e Z[ JkbY|d YkWd# Ze ik`[jei de _Z[dj_\_YWZei W XehZe Z[ kdW cejeY_Yb[jW [if[# hWhed gk[ iWb]W Z[ bW l_l_[dZW o

XW`e Wc[dWpWi heXWhb[ ik Z_d[he o W]h[Z_hbe \Â&#x2021;i_YWc[dj[$ ;d be gk[ lW Z[b WÂ&#x2039;e jh[i YWcX_ijWi Z[ ced[ZW Z[ JkbY|d +ĹŠ! , (23 ĹŠ $#!3 ".ĹŠ/.13 ĹŠÄ&#x2030;Ä?ĹŠ,(++.-#2ĹŠ"#ĹŠ/#2.2ĹŠ /1.7(, " ,#-3#Ŋĸ,;2ĹŠ \k[hed WiWbjWZei bei ^[Y^ei i[ "#ĹŠÄ&#x2C6;Ä&#x160;ĹŠ,(+ĹŠ"¢+ 1#2ĹŠ#-ĹŠ#$#!3(5.ĚŊ8ĹŠÄ&#x160;Ä&#x2021;Ä&#x2021;ĹŠ"¢+ 1#2Ä&#x201C;ĹŠ 2ĹŠ/#12.- 2ĹŠ04#ĹŠ 2 +3 1.-ĹŠ ĹŠ #1Äą fh[i[djWhed [d Z_\[h[dj[i Y_h# - -".ĹŠ Ä&#x201C;Ä&#x201D;ĹŠ+.ĹŠ'(1(#1.-ĹŠ#-ĹŠ4-.ĹŠ"#ĹŠ242ĹŠ 1 9.2ĹŠ!.-ĹŠ4- ĹŠ 1, ĹŠ + -! ĹŠ/ 1 ĹŠ24231 #1+#ĹŠ#+ĹŠ YkdijWdY_Wi$ "(-#1.Ä&#x201D;ĹŠ2#ĹŠ!.-.!#ĹŠ04#ĹŠ#1 -ĹŠ24)#3.2ĹŠ ĹŠ .1".ĹŠ"#ĹŠ4- ĹŠ,.3.!(!+#3 Ä&#x201C; BWi fÂ&#x192;hZ_ZWi [YedÂ&#x152;c_YWi fWhW bei jh[i W\[YjWZei ikf[hWd [nfk[ijei W bW Z[b_dYk[dY_W o j[$ ;b Z_d[he gk[ i[ ikfed[ _XW W YWcX_Wh de [hW fhef_e" fehgk[ bei (+ c_b ZÂ&#x152;bWh[i" bWi Wkjeh_ZW# j[c[d feh ik l_ZW$ Bei YWcX_ijWi Z[ ced[ZW [d fWhW bWi jhWdiWYY_ed[i Yec[hY_W# Z[i _dl[ij_]Wd bei ^[Y^ei$ 7o[h [d [b 9ecWdZe Z[ Fe# JkbY|d ied lÂ&#x2021;Yj_cWi Z[ heXei" b[i ]hWdZ[i i[ kj_b_pW [b Z_d[he Z[ Wi[i_dWjei" [d [b Â&#x2018;bj_ce lWh_ei YecfWÂ&#x2039;[hei$ b_YÂ&#x2021;W Z[ bW Fhel_dY_W i[ 7kdgk[ bW Wkjefhej[YY_Â&#x152;d [i YWie <[hdWdZe 9$" gk[ i[ h[Wb_pÂ&#x152; kdW h[kd_Â&#x152;d Yed ĹŠ Z[Z_YW Wb YWcX_e Z[iZ[ bW Â&#x2018;d_YW \ehcW Z[ YecXWj_h bW Z[# bei _dj[]hWdj[i Z[ bWi Wie# Y_WY_ed[i Z[ YWcX_ijWi Z[ ĹŠĹŠ"#ĹŠ1. .ĹŠ ĹŠ! ,Äą ^WY[ c|i Z[ '+ WÂ&#x2039;ei Wkd# b_dYk[dY_W bei YWcX_ijWi Yh[[d gk[ ik jhWXW`e be Wbj[hdW gk[ [bbei [ij|d _dZ[\[diei Wdj[ ced[ZW Z[ JkbY|d" gk[ (23 2ĹŠ#-ĹŠ+.ĹŠ04#ĹŠ 5 ĹŠ"#+ĹŠ  . bei Z[b_dYk[dj[i fehgk[ [bbei kj_# Yed ejhWi WYj_l_ZWZ[i$ ikcWd Wbh[Z[Zeh Z[ (+& I[]Â&#x2018;d bei Yec[djWh_ei b_pWd WhcWi XbWdYWi o Z[ \k[]e o f[hiedWi Wfhen_cWZW# c[dj[" [d [bbW _XWd W ieb_Y_jWh i[ Z[ bei YWcX_ijWi bW lÂ&#x2021;Yj_cW iWb_Â&#x152; [bbei de [ij|d Wkjeh_pWZei fWhW Xh_dZ[ c|i i[]kh_ZWZ W bei Ye# Z[ ik YWiW fehgk[ h[Y_X_Â&#x152; kdW fehjWh WhcWi" WZ[c|i fk[Z[d c[hY_Wdj[i fehgk[ jeZei [ij|d bbWcWZW j[b[\Â&#x152;d_YW Z[ kd Yb_[d# i[h iWdY_edWZei feh [ie$

. .ĹŠ"#ĹŠ"(-#1. Ĺ&#x2014;ĹŠĹŠ

Ä&#x160;

(/( # (Ĺ&#x2039;,) )Ĺ&#x2039; Ĺ&#x2039;& -Ĺ&#x2039; . * -Ĺ&#x2039; Ĺ&#x2039; & (. ,#&& -Ĺ&#x2039; : ĹŠÄ&#x203A;ĹŠ;d [b l[bÂ&#x152;Zhece Z[ Jkb#

Y|d kX_YWZe Wb dehj[ Z[ bW Y_kZWZ i[ fh[i[djÂ&#x152; [b heXe Z[ bWi h[`Wi Z[ bWi WbYWdjWh_bbWi$ :ei c[deh[i \k[hed _Z[dj_Ă&#x2019; # YWZei Yece bei h[ifediWXb[i Z[b ^[Y^e gk[ \k[ Z[dkdY_WZe feh kd [djh[dWZeh Z[ fWj_dW`[$ 7b fWh[Y[h bei c[deh[i [i# f[hWhed kd cec[dje Z[ Z[i# Yk_Ze fWhW ikijhW[hi[ bWi h[`Wi Z[ bWi WbYWdjWh_bbWi" f[he \k[hed _Z[dj_Ă&#x2019; YWZei Wb cec[dje gk[ i[ cel_b_pWXWd Yed bWi jWfWi o \k[hed eXb_]WZei W YebeYWhbWi [d ik bk]Wh kdW W kdW$

I[ YedeY[ gk[ ^Wo f[hiedWi gk[ i[ Z[Z_YWd Wb heXe Z[ bWi jW# fWi Z[ WbYWdjWh_bbWi fWhW bk[]e l[dZ[hbWi$ ;d bW Y_kZWZ i[ ^Wo f[hiedWi gk[ i[ Z[Z_YWd W bW YecfhW Z[ eX`[jei Z[ ^_[hhe" WY[he o Wbk# c_d_e$ BWi jWfWi Z[ bWi WbYWdjWh_bbWi ied Z[ ^_[hhe [b fh[Y_e feh YWZW a_be o ied kj_b_pWZWi fWhW \kd# Z_hbWi$ I[ _dl[ij_]W i_ bei c[deh[i ied kj_b_pWZei feh WZkbjei fWhW Yec[j[h bei heXei$ Bei c[deh[i \k[hed W_ibW#

++ ĹŠ,#!;-(!

Ĺ&#x2014;ĹŠĹŠĹŠ

Ä&#x203A;Kd l[^Â&#x2021;Ykbe f[gk[# Â&#x2039;e YWh]WZe Yed pWdW^eh_W Y^eYÂ&#x152; YedjhW kdW l_l_[dZW [d bW iWb_ZW ikh Z[ ?f_Wb[i$ 7b fWh[Y[h [b l[^Â&#x2021;Ykbe h[iXWbÂ&#x152; WYY_Z[djWbc[dj[ feh kdW \WbbW c[Y|d_YW o Y^eYÂ&#x152; YedjhW bW YWiW" de i[ fh[i[djWhed f[h# iedWi W\[YjWZWi f[he i_ ZWÂ&#x2039;ei cWj[h_Wb[i" [b YedZkYjeh Z[b l[^Â&#x2021;Ykbe de [ijWXW [d [b ce# c[dje Z[b f[hYWdY[$

-4-" !(.-#2ĹŠ #-ĹŠ2#!3.1#2ĹŠ ).2

Ĺ&#x2014;ĹŠ ĹŠĹŠ : Ä&#x203A;ĹŠBWi bbkl_Wi oW [c# f[pWhed W YWkiWh bei fh_c[hei [ijhW]ei [d bW fhel_dY_W" lW# h_ei i[Yjeh[i Z[b 9WhY^_ [ij|d _dYeckd_YWZei o bWi bbkl_Wi de f[hc_j[d gk[ bei jhWXW`W# Zeh[i h[Wb_Y[d bW b_cf_[pW Z[ bWi lÂ&#x2021;Wi$ ;d [b ikh Z[ JkbY|d o pedWi XW`Wi oW i[ fh[i[djWhed Z[hhkcX[i o YebWfiei Z[ WbYWdjWh_bbWi" [d bW pedW dehe# YY_Z[djWb Z[ JkbY|d bWi bbkl_Wi de Y[iWd$

. .2ĹŠ8ĹŠ'413.2

Ĺ&#x2014;ĹŠ ĹŠ : ĹŠÄ&#x203A;ĹŠBei heXei o ^khjei ied bei Z[b_jei Z[ cWoeh

Ä&#x201C;ĹŠ #-.1#2ĹŠ5(-!4+ ".2ĹŠ!.-ĹŠ#+ĹŠ1. .ĹŠ"#ĹŠ3 / 2ĹŠ"#ĹŠ +! -3 1(++ 2ĹŠ$4#1.-ĹŠ (2+ ".2Ä&#x201C;ĹŠ ĸ .3.ĹŠ 1!'(5.Äš

Zei" o i[h|d [djh[]WZei W iki h[Y[fY_Â&#x152;d [ _dZ_gk[d gk[ de fWZh[i Z[ifkÂ&#x192;i Z[ gk[ bei h[i# kj_b_pWh|d W bei d_Â&#x2039;ei [d [iW YbW# fediWXb[i h[Wb_Y[d kdW [djh[]W i[ Z[ Z[b_jei$

YeddejWY_Â&#x152;d [d bW fhel_dY_W Z[b 9WhY^_" bei Â&#x2021;dZ_Y[i Z[ [ijei Z[b_jei ikf[hWhed [d [b (&'' ikf[hWhed W bei (&'&$ BW [ijhWj[]_Wi fWhW jhWjWh Z[ \h[dWh [b _bÂ&#x2021;Y_je [d bW fhel_dY_W [cf[pWhed W [bWXehWhi[ [d XWi[ W bei fbWd[i gk[ i[ [`[Yk# jWhed [d [b WÂ&#x2039;e Wdj[h_eh$ Bei Yedjheb[i [d bW pedW Z[ \hedj[hW i[ h[Wb_pWd [d YeehZ_dWY_Â&#x152;d Yed bW feb_YÂ&#x2021;W Z[ DWh_Â&#x2039;e" [b eX`[j_le [i c[`ehWh bW i[]kh_ZWZ$


ŏ ŏ

ŏ ŏ ŏ

ŏ

Ė Ė

ũ }

.,/1 ĵ5#-3 ĵ1#-3 ũ"#ũ3#11#-.2Ĕũ 2 2ĵă ũ-! ĵ!.,/1 ĵ5#-3 ĵ"#ı ! 2 2Ĕũ"#/ 13 ,#-3.2ũ8ũ.ăũ!(- 2ē / 13 ,#-3.2ĵ 11(#-".2ē

.,/1 ĵ5#-3 ũ"#ũ3.".ũ3(/.ũ"#ũ .,/1 ĵ5#-3 ũ"#ũ3.".ũ3(/.ũ"#ũ 5#'~!4+.2 5#'~!4+.2

ĂĀ ĂĀ

4#23.2Ĕũ./.134-(" "#2ũ"#ũ .,/1 ĵ5#-3 ĵ! , (.ē 31 ).ē ũũ 4#23.2Ĕũ./.134-(" "#2ũ"#ũ #15(!(.2ũ!412.2Ĕũ!.-2314!!(¢-Ĕũ 31 ).ũē !.-24+3.1~ ē

0%!),+ 0%!),+ 0%!),+ (! 01. (! 01. (! 01. āĆŏ)%*ċ āĆŏ)%*ċ āĆŏ)%*ċ

:

ĂĈŏ ŏ ŏĂĀāĂ ĂĈŏ ŏ ŏĂĀāĂ ĂĂŏ ŏ ŏĂĀĀĉ

ŏ +. ŏ

ŏ +. ŏ

ġ ġ ġ

.,/1 ĵ5#-3 ũ"#ũ. )#3.2Ĕũ#+#!31.ı .,/1 ĵ5#-3 ũ"#ũ. )#3.2Ĕũ#+#!ı ".,_23(!.2Ĕũ,4# +#2Ĕũ.ă ũ!(- ēũ#3!ē

-Ì-!( 3#ũ +Ėũũũ -Ì-!( 3#ũ +Ėũũũ

ı

04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ .! $4#1#ēũ #+ĖũĉĒĎďĎćĉĔũĉďćĐďĉĎũ 7Ėũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ ĉďĈĉďďĈ %#-!( ĉĖũ +#,#-3#ũ .-!#ũĉĈĒũ8ũ 4+!;-Ėũ 4!1#ũ#-31#ũ 8 !4!'.ũ8ũ 4-~-ı (#"1 '(3 ēũ 7ĖũĎďćĐĊČ #+ĖũĉĒđČĎĎĈē ũ 7ĖũĉĒđČďČď %#-!( ĊĖũ 1#- 2ũĉĉćũ8ũĈćũ"#ũ %.23.ũ ĎŖũ (2.ũ #+ĖũĎććĉČĎĔũĎĎĎČĊćĔũĎĎĎČĊĈĔũ ĎĎĈĎĎĉē + -3 ũ "(3.1 Ėũ - ,#1(! - ũ .13#ũ %#-!( ĈĖ ũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ ũĊēĎũ #+ĖũČĐĎĐĉĊĔũČĐĎĐĉČĔũČĐĎĐĉĎĔũ 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ ČĐĎĐĉďĔũČĐĎĐĉđē ĉĉĉČćďũ 7ĖũĉĉđĒĈđ

04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ .+~5 1ũ8ũ .! $4#13#ēũ #+ĖũĊũĉũČĉĈũĐĊć ĉĉĉČćďũ 7ĖũĉĉđĒĈđ 7ĖũĊũĉũČĉĈũĐĊĈ

04#" -.ũ #+ĖũĎćĊĉďďĔũ -3 ēũ #+ĖĎũĉĒĊĈćĒĈē %#-!( ĉĖũ +#,#-3#ũ .-!#ũĉĈĒũ8ũ %#-!( ũ -3 Ėũ 5ēũ 4 13 Ĕũ#-31#ũ! ++#ũ (#"1 '(3 ēũ 7ĖũĎďćĐĊČ đũ8ũĒēũ #+$ĖũĎũĉũďĉĉĎđĈĔũĎũĉďĉČĎđĎē + -3 ũ "(3.1 Ėũ - ,#1(! - ũ .13#ũ %#-!( ũ '.-#Ėũ ++#ũ .+~5 1ũ#-31#ũ (ı ũĊēĎũ #+ĖũČĐĎĐĉĊĔũČĐĎĐĉČĔũČĐĎĐĉĎĔũ !'(-!' ũ8ũ .+¢-Ĕũ "ēũ _+#9ũĊ#1ũ (2.ēũ #+Ėũ ČĐĎĐĉďĔũČĐĎĐĉđē ĎũĉďĒďũćĈĈē

ũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ %#-!( ĈĖ 11 Ėũ ++#ũ #)~ ũĊĎćũ#-31#ũ 4!1#ũ8ũ

%#-!( ĉĖũ +#,#-3#ũ .-!#ũĉĈĒũ8ũ

ı (#"1 '(3 ēũ 7ĖũĎďćĐĊČ %#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ %#-!( ĊĖũ 1#- 2ũĉĉćũ8ũĈćũ"#ũ %.23.ũ 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ ĎŖũ (2.ũ #+ĖũĎććĉČĎĔũĎĎĎČĊćĔũĎĎĎČĊĈĔũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ ĎĎĈĎĎĉē %#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ + -3 ũ "(3.1 Ėũ - ,#1(! - ũ .13#ũ 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ ũĊēĎũ #+ĖũČĐĎĐĉĊĔũČĐĎĐĉČĔũČĐĎĐĉĎĔũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ ČĐĎĐĉďĔũČĐĎĐĉđē

%#-!( ĈĖũ ++#ũ 4(3.ũ ũćĉıČĎũ#-31#ũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ %#-!( ĈĖũ

%#-!( ĉĖũ +#,#-3#ũ .-!#ũĉĈĒũ8ũ + -3 ũ "(3.1 Ėũ , 41 ũĈĎđČũ8ũĈđũ

(#"1 '(3 ēũ 7ĖũĎďćĐĊČ "#ũ .5(#, 1#Ĕũ "(ăũ!(.ũ .5(2 ēũũ #+$ĖũĐũ %#-!( ĊĖũ 1#- 2ũĉĉćũ8ũĈćũ"#ũ %.23.ũ ĉĎĐĐćĒĒĔũĐũĉĎđĎũđćĎē ĎŖũ (2.ũ #+ĖũĎććĉČĎĔũĎĎĎČĊćē 7ĖũĐũĉĎĐđđČđ

%#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ + -3 ũ "(3.1 Ėũ .13.5(#).ũ ,ũČĔĎũ5~ ũ ũ

%#-!( ĈĖũ ~!3.1ũ 1 ,(+.ũ 231 " ũđĈũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ %#-!( ĈĖũ

#(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ %#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ

ũ

#(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ %#-!( ĈĖũ 4(2ũ ;104#9ũ8ũ , 9.- 2Ĕũ

04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ #-31.ũ .,#1!( +ũ #(- "#+ũ (2-#Ĕũ ũŒĈĒũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ #+ĖũũĐũĉũďćďũĐĎćē

04#" -.ũ #+ĖũĎćĊĉďďĔũ Č ũ#ũ (%4#1 2ũıũ 1"#2 ũ #-31 +ē #+ĖũČũĉĊđĎĒđĈĔũČũĉĊđĎĒĐĊē

%#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ 04#" -.ũ #+ĖũĎćĊĉďďĔũ %#-!( ĈĖũ .+~5 1ũ2ĵ-ũ8ũ .! $4#13#ũ ĸ 20ēĹũ "(ă %#-!( ĈĖũũ!(.ũ (+#-(4,ēũ #+$Ėũďũĉũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ ĐĉđďćĉĔũďũĉũĐĉđďććĔũďũĉũĐĉĉĉĒČē 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ 04#" -.ũ #+Ėũ ĎćĊĉďďē

ĉĒđČĎĎĈũıũĉďĈĉďďĈũıũĉĒĉĎĒĐĊ ĉĒđČĎĎĈũıũĉďĈĉďďĈũıũ ĉĒĉĎČĐĐ ĉĎĎĈıĎĎĉ

HK HP

97I7 :; FB7O7 Iæ7

9(1'2 (Q HO PHMRU OXJDU GH /D 9LFWRULD FDVD FRQ /RFDO &RPHUFLDO 'LUHF FLyQ 0DUTXH] GH 6DQ -RVp \ 0DQXHO =DPEUDQR ,QIRUPHV DG DL

6( 9(1'( 81$ &$6$ &RQ WHUUHQR DXWRSLVWD ,EDUUD 2WDYDOR VHFWRU 1DWDEXHOD ,QIRU PHV DG DL

;ic[hWbZWi ( f_iei" ( Z[fWhjW# c[djei" fWhgk[WZ[he

8QD FDVD HQ HO 0LUDGRU GH $OSD FKDFD FRQ GRUPLWRULRV VDOD FRPHGRU FRFLQD EDxR ,QIRU PHV OOD PDU SRU OD WDUGH DG DL

9(1'2 'HSDUWDPHQWRV QXHYRV HQ /D 4XLQWD P 86' $FHSWR À QDQFLDPLHQWR ,QIRU PHV DG DL

9(1'2 &$6$

&RQ P WHUUHQR P FRQV WUXFFLyQ D NP GH 6DQ $QWRQLR GH ,EDUUD VHFWRU 6DQWD ,VDEHO 8VG ,QIRUPHV DG DL

9(1'2 (',),&,2 5HQWHUR FRQ GHSDUWDPHQWRV \ WHUUD]D P FRQVWUXFFLyQ *H QHUD PX\ EXHQD UHQWD PHQVXDO 8ELFDFLyQ WUDV 6HFDS ,QIRUPHV DG DL

9(1'2 &$6$6 18(9$6 (Q $WXQWDTXL &RQMXQWR /RV 1RJDOHV GRV SODQWDV WHUUD]D DFFHVLEOH SDUTXHDGHUR 86' ,QIRUPHV DG DL

6( 9(1'( 81$ &$6$ 'H SLVRV HQ OD XUEDQL]DFLyQ /D 4XLQWD HVTXLQHUD FRQ JDUDJHV DFDEDGRV GH SULPHUD GH ODGULOOR \ KRUPLJyQ ,QIRUPHV 7HOpI PU DL

9(1'2 &$6$ 'H SLVRV FRQ PLQL GHSDUWDPHQWR SUR\HFFLyQ ORFDO FRPHUFLDO VHFWRU ODV XQLYHUVLGDGHV $Y GH -XOLR QHJRFLDEOHV ,QIRUPHV

9(1'2 7HUUHQR FRQ GHSDUWDPHQWR 8U EDQL]DFLyQ 1XHYR +RJDU &DU ORV 9LOODFtV \ (UQHVWR 0RQJH 7HOpIRQRV DG DL

2325781,'$' 6H YHQGH P GH WHUUHQR FRQ iUEROHV IUXWDOHV EDUULR GH $JRVWR ,EDUUD ,QIRU PHV DG DL

6( 9(1'( (60

?D<EHC;I$0 &//.(--() FDUORVSHVDQWHV#JPDLO FRP

9(1'2 2 &$0%,2 /RWH GH P HQ OD UHFWD GH $PEXTXt MXQWR DO SHD MH EXHQ FOLPD ,QIRUPHV DG DL

2325781,'$' (1 27$9$/2 9HQGR ORWHV GH [ HQ OD &LXGDGHOD /RV /DJRV 8UEDQL]DFLyQ 6DQ 1LFR OiV ,QIRUPHV WHOpIRQRV DG DL

68 0(-25 ,19(56,Ð1 ;LYYLUV KL T LU 0IHYYH ,_JLSLU[L ZLJ[VY JHSSL :mUJOLa ` *PM\LU[LZ ` .VUaHSLZ KL :HH ZL ]LUKL [VKV V WVY SV[LZ KL T ` KL T (WYV]LJOL WYLJPV *LS\SHY!

6( 9(1'( 'H RSRUWXQLGDG YHQGR +LQR )0 6ROR LQWH UHVDGRV OODPDU DO FHOXODU

HK HP

DG DL

9(1'2 (1 ,%$55$

PU DW

325 9,$-( 9(1'2 [LYYLUVZ LU 7\JHN\H`JV LU *OVYSH]x JHZH LZX\PULYH JVU [LYYLUV LU SH *VVW KL ,ULYV 0UMVYTLZ [LStMVUVZ!

6( 9(1'( &DEH]DO 6~SHU %ULJDGLHU $xR 0RWRU &XQPLV &DMD )XOOHU 7UDVPLVLRQHV 'REOH 5HGXFFLyQ 9HKtFXOR WLHQH 6HJXUR 6DWpOLWH (QOODQWDGR +DELOLWDFLyQ 3HU~ &RORPELD 3UHFLR 86' 1HJRFLDEOHV 0D\RU ,QIRUPDFLyQ

9HQGR &RUVD 3 DxR FRORU EODQFR QHJRFLDEOHV .P GH UHFRUULGR ,QIRU PHV HQ 4XLURJD DG DL

HK HP

8QD FDVD HQ OD FLXGDGHOD =RLOD *DOiJJDUD iUHD GH FRQVWUXF FLyQ P OODPDU VROR LQWH UHVDGRV FHOXODU DG DL

1HFHVLWD FRQWUDWDU SURIHVRUHV GH

/27(6 '(6'( & 0

6LQ LQWHUPHGLDULRV SODQRV DSUR EDGRV DJXD OX] KHUPRVR FOLPD HVFULWXUDV LQPHGLDWDV FRQ HO GH HQWUDGD ,QIRUPHV (QWUHYLV WDV ,EDUUD DG DL

9(1'2 )85*21(7$ .,$ FRQ UHFRUULGR PiV DFFLRQHV \ GHUHFKRV GH OD FRP SDxtD (VFRODU /XMR (VWLPED ,Q IRUPHV DG DL

#+ĖũĉĎĎĈıĎĎĉũ 7ĖũĉĎĎĉıĈĊĎĔũ.ũ, 1! ũ ũ!4 +04(#1

GHSDUWDPHQWRV GRV GRUPLWRULRV VDOD FRFLQD EDxR YLGHR SRUWHUR JDUDMH HQ HO (MLGR GH ,EDUUD DYH QLGD 0DULDQR $FRVWD GH 'LFLHPEUH \ GH $JRV WR FDVD 7HOpIRQRV

0DWHPiWLFDV ,QJOpV /HQJXDMH

DG DL

,QWHUHVDGRV SUHVHQWDU FDUSHWDV KDVWD HO GtD PDUWHV GH HQHUR HQ 2WDYDOR &DOOH %ROtYDU \ -XDQ 0RQWDOYR WR 3LVR GH K D K &HO

+HUPRVRV PLQL GHSDUWDPHQWRV SDUD HVWXGLDQWHV XELFDGRV HQ HO EDUULR (O 2OLYR 8UEDQL]DFLyQ /RV DOLVRV FDOOH ´$µ /RWH $ SRFRV SDVRV GH OD 871 \ OD 8QLYHUVLGDG &DWyOLFD ,QIRUPDFLyQ DO WHOI DG DL

6( $55,(1'$

¢(67É6 (0%$5$=$'$"

HK HV

6( 1(&(6,7$ 6(f25,7$ 8\L ZLWH ILSSLaH WHYH H[LUKLY SVJHS LU ([\U[HX\P 3SHTHY HS 3SHTHY H WHY[PY KL SHZ O HK HP

6( 1(&(6,7$ 3HUVRQD SDUD D\XGDQWH GH FRFLQD HQ XQD SL]]HUtD GH SP D SP ,QIRUPHV DO DG DL

-RYHQ SDUD WUDEDMDU HQ XQ EDU GH SP D SP ,QIRUPHV DO

1R WH SUHRFXSHV OOiPDQRV DEVROXWD GLVFUHVLyQ

%ULQGDPRV VHUYLFLRV SURIHVLRQDOHV 0RYL

$1'5(6 (/ 5(< '( /26 $0$55(6

7H UHJUHVR DO VHU DPDGR HQ KRUDV 8VWHG \D VH FDQVy GH PHQWLUDV \ IDO VDV SURPHVDV YLVt WHPH \ FRQR]FD HO ~QLFR DPDUUH TXH OH GHPXHVWUD UHVXOWD JI

GRV UHDOHV

'(&Ì'(7( $ 6(5 )(/,= +2< 0,602 9,6Ì7$0( 2 //É0$0(

2UDFLyQ 0LODJURVD &RQ ItR HQ 7t PL 'LRV 3D GUH +L MR \ (V St UL WX 6DQ WR 0L ~QL FR 6DO YD GRU FRQ WR GDV PLV IXHU ]DV OHV SL GR TXH PH FRQ FH GDQ OD JUD FLD TXH WDQ WR GH VHR 3L GD WUHV GH VHRV XQR GH QH JR FLRV \ GRV LP SR VL EOHV 5H FH QXH YH YH FHV DO $YH PD UtD GX UDQ WH GtDV DO QR YH QR GtD SX EOL TXH HV WH DQXQ FLR \ VH FXP SOL Ui DXQ TXH QR OR FUHD RE VHU YH OR TXH RFX UUL Ui DO FXDU WR GtD GH VX SX EOL FD FLyQ 'R\ JUD FLDV SRU HO ID YRU UH FL EL GR

&ODUR & $ 0

&5,6723+(5 52< (;3(572 (1 $0$55(6 '( $025 +DJR UHJUHVDU DO VHU DPDGR HQ KRUDV DPRURVR FDULxRVR \ WLHUQR D \ SDUD WRGD OD YLGD &852 ,0327(1&,$ < 5(7,52 $0$17(6

/(&785$ '( &$57$6 2 7$527+

9LVtWDPH R OOiPDPH HQ HVWH PRPHQWR TXH UHDOL]R WX DPDUUH

78 '( 92 7$ , 9 * PU DW

$1*(/ '( /$ /8= &85$1'(52 (63,5,78$/ (;3(572 (1 81,Ð1 '( 3$5(-$6 6( 5(*5(6$ $/ 6(5 $0$'2 $5021,=$&,21(6 /,03,$6 6+$0$1,&$6 5(,., /(&785$ '(/ 7$527 75$%$-26 $ ',67$1&,$ ´$0$55(6 (7(5126µ

48,72 &DOOH 5REOHV ( 2À FLQD \ 3iH] //$0( &/ 0

DG DL

9(1'2

6( 1(&(6,7$

'H RSRUWXQLGDG 5RSD 1XHYD $PHULFDQD GH PDUFD SUHFLRV HFRQyPLFRV 6ROR LQWHUHVDGRV OODPDU DO DG DL

3HUVRQD SDUD WUDEDMDU HQ OD FRFLQD GH XQD SL]]HUtD GH D SP ,QIRUPHV DG DL

6( $55,(1'$ 0LQL GHSDUWDPHQWR SDUD SDUHMD R SHUVRQD VROD 'LUHFFLyQ $Y 9tFWRU 0DQXHO 3HxDKHUUHUD VHFWRU OD 3ROLFtD ,QIRUPHV WHOpIRQR FHO HQ OD QRFKH DG DL

DG DL

6( 9(1'(

&2/(*,2 7e&1,&2 ´3$57,&8/$5 ,0%$<$µ

PU DW

325 027,92 '( 9,$-(

.-3 !3.

$55,(1'2

6( 1(&(6,7$

/RWH GH WHUUHQR GH P FRQ FHUUDPLHQWR XELFDGR MXQWR D OD &GOD (PHOQRUWH 3UHFLR 86' ,QIRUPHV

#ũ+4-#2ũ ũ5(#1-#2ũ"#ũđĖććũ ũ ũĊĖććũ

$5 FF

=LUKV JHZH KL [YLZ WPZVZ WVY LZ[YLUHY JVU SVJHSLZ JVTLYJPHSLZ TmZ ZLPZ OHIP[HJPVULZ LU SH WHY[L WVZ[LYPVY JVU NHYHQL HW[H WHYH OV[LS V YLZPKLUJPHS +PYLJJP}U! LU 3HZ 7L|HZ JHSSL 7YPUJPWHS 0UMVYTLZ!

9(1'2 &$6$ 2 $UULHQGR 'HSDUWDPHQWR HQ &DUDQTXL FDOOH 1D]DFRWR 3XHQWR \ 'XFKL]HOD 7pUPLQR GH OD 'X FKL]HOD ,QIRUPHV DG DL

PU DW

325 027,92 '( 9,$-(

.1 1(.

+ 2($(! ".2ũ,(-Ì2!4+ 2ũĸĈĎũ/ + 1 2ĹũũũũŌĊēćć + 2($(! ".2ũ, 8Ì2!4+ 2ũĸĈĎũ/ + 1 2ĹũũũŌĊēĎć ( /.ũ.ũ!+ 2($.3.ũĸ, 8Ì2!4+ ĹũũũŌČēĎć + 1 ũ "(!(.- +ũũũŌĉēćć % ũ".2ũ"~ 2ũ8ũ/4 +~! 3#ũ%1 3(2ũ#-ũ666ē+ '.1 ē!.,

PLJ

1($ 2

6( $55,(1'$ 8Q PLQL GHSDUWDPHQWR SDUD SHUVR QDV VRODV R SDUHMD 'LUHFFLyQ /RV &HLERV 5tR 3DWDWH \ 5tR /LWD ,QIRUPHV DG DL

'( 2325781,'$' (/ 32'(5 '( /$ 0(17(

=$0,5 (;3(572 ,17(51$&,21$/ (1 $0$55(6 '( $025

$WUDH HO DPRU GH WX YLGD SRU LPSRVLEOH TXH VHD QR LPSRUWD HO WLHPSR QL OD GLVWDQFLD UHJUHVR DO VHU DPDGR HQ KRUDV 7RWDOPHQWH KXPLOODGR D WXV SLHV $PDUUHV HWHUQRV FXUR PLJ KHFKL]RV \ VDODPLHQWRV +DJR OLPSLDV IORUHFLPLHQWRV OHYDQWR QHJRFLRV HPSUHVDV \ GR\ VXHUWH HQ HO DPRU

//$0( $+25$

9HQGR IiEULFD GH EORTXHV IXQFLR QDQGR \ FHGR HO ORFDO GRQGH IXQ FLRQD HQ DUULHQGR TXH FXHQWD FRQ ERGHJDV \ H[WHQVR SDWLR ,QIRUPHV WHOpIRQR DG DL

9(1'2 %2'(*$ 'H $EDVWRV H[FHOHQWH XELFDFLyQ VHFWRU PHUFDGR $PD]RQDV ,QIRUPHV FHO DG DL


ũũũũũũũũũ

2-2

&ODVHV 3(50$1(17(6 GH *XLWDUUD 3LDQR \ RWURV LQVWUXPHQWRV RIUHFH HO GLUHFWRU GH OD $FDGHPLD GH 0~VLFD 6DQWD &HFLOLD (Q HO KRUDULR GH OD WDUGH GH K D K &XHQWD FRQ LQVWUXPHQWRV SURSLRV 'LUHFFLyQ 72%,$6 0(1$ \ 0LJXHO $OEDQ FHUFD D OD ,JOHVLD GHO 'LYLQR 1LxR 7HOpI 3URIHVRU /LF -RUJH 3DVTXHO $

DL

6L QR D\XGDV D OLPSLDU QR D\XGHV D HQVXFLDU &DPSDxD GH OLPSLH]D SRU OD &LXGDG GH 7XOFiQ

ŏ ĂĈŏ ŏ ŏĂĀāĂ

ŏ +. ŏ ŏ ġ ĂĈŏ ŏ ŏĂĀāĂ

ŏ +. ŏ ġ

Ăā Ăā

9B7I?<?97:EI B7 >EH7 ?87HH70 &, ( /+,+&( 78/&$1 27$9$/2

.,26.2

´ /D &XHQFDQLWDµ 2)5(&(

#5(23 2Ĕũ/#1(¢"(!.2Ĕũ2.13#.2ũ"#ũ+.3#1~ Ĕũ+( 1.2ũ"#ũ !.!(- Ĕũ! -!(.-#1.2ũ8ũ+( 1.2ũ"#ũ,.3(5 !(¢-ēũ 104#ũ #-31 +ēũ #+_$.-.ĖũĉũĒđĈũćĊĒ

,03257$17( 0(',2 '( &2081,&$&,Ð1 '37+'4' %1064#6#4

3(5,2',67$6 ',#4 *1,# &' 8+&# %10 (161)4#(Ó# '0 .# 5+)7+'06' &+4'%%+Ø0U ',Ó# GgIN '064' 7%4' ; 1%#(7'46'X &' .70'5 # 8+'40'5 '0 '. 5+)7+'06' *14#4+1 &' MUNN # EGUNN ; &' EIUNN # ELUNN

#&fFHFFGf#+

'(6($ 9(1'(5 $55(1'$5 $/48,/$5 &2035$5

''' GH ;NLJN> F:L''' K^l^ko^ ln ^liZ\bh mZg lheh eeZfZg]h

Mne\§g3 )/+ 21-..* ( )/ + 21-/-/ HmZoZeh3 )/+ 2+.2.0 B[ZkkZ3 )/+ /)0/+. ( )/ + 2./.)+

$57(6 /8&$6 '( -8$1,7$ /8&$6

/H RIUHFH WUDEDMRV HQ IRPLV FRPR DGRUQRV UHFXHUGRV FDUWHOHV PDWHULDO GLGiFWLFR \ FXUVRV %ROtYDU HQWUH SLFKLQFKD \ 5RFDIXHUWH

'RQD WX VDQJUH

6$/9$ 81$ 9,'$

'RQDU WX VDQJUH QR LPSOLFD QLQJ~Q ULHVJR

.,26.2

´ /D &XHQFDQLWDµ 2)5(&(

#5(23 2Ĕũ/#1(¢"(!.2Ĕũ2.13#.2ũ"#ũ+.3#1~ Ĕũ+( 1.2ũ"#ũ !.!(- Ĕũ! -!(.-#1.2ũ8ũ+( 1.2ũ"#ũ,.3(5 !(¢-ēũ 104#ũ #-31 +ēũ #+_$.-.ĖũĉũĒđĈũćĊĒ

*/2%$/ 6,67(0 2)5(&( 0$17(1,0,(172 '( &20387$'25$6 5('(6 78725,$ 5()(5(17( $ &20387$&,Ð1 &(/ "/5&4

%&416²4

$&/530 .²%*$0 %& &45²5*$"

%3 '"6450 '"+"3%0 3*0'3¶0 3FNPEFMBDJØO EF OBSJ[ TJO DJSVHÓB FOHSPTBNJFOUP EF MBCJPT 5SBUBNJFOUP EF NBODIBT CBSSPT FTQJOJMMBT WFSSVHBT MVOBSFT IPOHPT EF QJFM Z V×BT 3FNPDJØO EF UBUVBKFT NBODIBT Z QFDBT EF MBT NBOPT DPO MBTFS "QMJDBDJØO EF DPMÈHFOP FO MÓOFBT EF FYQSFTJØO SFKVWFOFDJNJFOUP GBDJBM WJUJMJHP NFKPSF TV mHVSB DPO MJQPBTQJSBDJØO VMUSBTØOJDB QBSB FTPT NPMFTUPT SPMMJUPT FO FTQBMEB BCEPNFO Z DJOUVSB $)&26&0 4*/ $0450 %*3&$$*»/ + + 'MPSFT Z 3PDBGVFSUF FTRVJOB EP QJTP 0mDJOB 5FMG -6/&4 " 7*&3/&4 EF BN B QN Z EF QN B QN BE BJ 4«#"%04 EF BN B QN

&XDQGR FUXFH OD FDOOH KDJDOR VLHPSUH SRU ODV HVTXLQDV \ SRU OD ]RQD GH VHJXULGDG WRPDQGR ODV SUHFDXFLRQHV GHO FDVR

2UDFLyQ 0LODJURVD <hg _²h ^g M²% fb =bhl% IZ ]k^% Ab ch r >l i² kb mn LZg mh' Fb ¼gb \h LZe oZ ]hk% \hg mh ]Zl fbl _n^k sZl e^l ib ]h jn^ f^ \hg \^ ]Zg eZ `kZ \bZ jn^ mZg mh ]^ l^h' !Ib ]Z mk^l ]^ l^hl ngh ]^ g^ `h \bhl r ]hl bf ih lb [e^l"' K^ \^ gn^ o^ o^ \^l Ze :o^ fZ k²Z ]n kZg m^ 2 ]²Zl% Ze gh o^ gh ]²Z in [eb jn^ ^l m^ Zgng \bh r l^ \nf ieb k§ Zng jn^ gh eh \k^Z% h[ l^k o^ eh jn^ h\n kkb k§ Ze \nZk mh ]²Z ]^ ln in [eb \Z \b·g' =hr `kZ \bZl ihk ^e _Z ohk k^ \b [b ]h' MN => OH MH E'A'M' :H(+-+.0

9B7I?<?97:EI Z[ :?7H?E B7 >EH7

ln f^chk Zem^kgZmboZ iZkZ \hfikZk r o^g]^k

K= F=;=KAL9 K=£GJAL9 9MPADA9J <= >9JE9;A9 &21 (;3(5,(1&,$ 3$5$ $7(1&,Ð1 $/ &/,(17( (1 68 ´ )$50$&,$µ 8%,&$'$ (1 $7817$48, )5(17( $/ 0(5&$'2 081,&,3$/ //$0$5 $/ 7(/e)212 DL ,1',2 *$63$5 (/ ,1',2 48( 6$1$

/ * $ + $ ) "+ &(% ( ) $ "%) *( !%) $ % %) ( +"*+( $ (2 *

)& ( +( " ) $ (# ) # " $ ) '+ )*1$ $ % %$ )+ , " 4$ % $ % #1) . $ " # $*%) - # (( ) *( " ) ( '+ ( % #1) ( 3%)% '+ $* ) - & ( ) #&(

0

$ '' + / )%' $* " *-#.$ , "" ' " " %$ " ! +/ * ' ( +/ %(& ) " " *'% "*" '


ŏ ŏ

ŏ

ĂĂ

ŏŏ 7 ŏŏ ĀĂŏ ŏ ŏĂĀāĀ ĂĈŏ ŏ ŏĂĀāĂŏ ĂĈŏ ŏ ŏĂĀāĂ

ŏ +. ŏ ġ

5(3Ô%/,&$ '(/ (&8$'25 (;5$&72 '( &,7$&,Ð1 -8',&,$/ -8=*$'2 $'-8172 '( /$ 1,f(= < $'2/(6&(1&,$ 1 $&725 &$6752 /$*81$ %<521 -$9,(5 '(0$1'$'2 5202 %(51$/ %/$1&$ /,',$ &8$6$ 'HPDQGD GH 'LVPLQX FLyQ GH 3HQVLyQ $OLPHQWLFLD $ /$ '(0$1'$'$ 6(f25$ 5202 %(51$/ %/$1&$ /,',$ 6( /( +$&( 6$%(5 48( (1 (67( -8=*$'2 6( (67$ 75$ 0,7$1'2 /$ '(0$1'$ '( ',60,18&,Ð1 '( 3(16,Ð1 $/,0(17,&,$ 1R 48( 6,*8( (/ 65 &$6752 /$*81$ %<521 -$9,(5 &8<$ 3529,'(1&,$ 6( 75$16&5, %( -8=*$'2 $'-8172 '( /$ 1,f(= < $'2/(6&(1&,$ '(/ &$17Ð1 78/&É1 7XOFiQ MXH YHV YHLQWH \ GRV GH GLFLHPEH GHO GRV PLO RQFH ODV K 3UHYLD PHQWH D FDOLÀFDU OD GHPDQGD GH 5(%$-$ '( 3(16,Ð1 $/,0(1 7,&,$6 TXH DQWHFHGH SUHVHQWD GD SRU HO VHxRU %<521 -$9,(5 &$6752 /$*81$ HQ FRQWUD GH OD 6HxRUD %/$1&$ /,',$ 5202 %(51$/ TXH KD UHODFLyQ DO -XL FLR GH $OLPHQWRV 1R HO SHWLFLRQDULR FRPSDUH]FD D HVWH -X]JDGR \ EDMR MXUDPHQWR GHFOD UH GHVFRQRFHU OD LQGLYLGXDOLGDG \ UHVLGHQFLD GH OD VHxRUD %/$1&$ /,',$ 5202 %(51$/ D ÀQ GH TXH VXUWDQ ORV HIHFWRV OHJDOHV 7yPHVH QRWD HO &DVLOOHUR -XGLFLDO 1R \ DO 'U :LOOLDP *XHUUyQ VHxDODGR SRU HO DFWRU 3RU FXDQ WR OD 6HFUHWDULD 7LWXODU GH HVWH -X]JDGR KD UHQXQFLDGR DFW~H HO 'U %\URQ 6RULD HQ FDOLGDG GH 6HFUHWDULR $G +RF 127,)Ì48( 6( -8=*$'2 $'-8172 '( /$ 1,f(= < $'2/6&(1&,$ '(/ &$17Ð1 78/&É1 7XO FiQ PLpUFROHV YHLQWH \ RFKR GH GLFLHPEUH GHO GRV PLO RQFH ODV K 9,6726 $YRFR FR QRFLPLHQWR ODV SUHVHQWH FDXVD GH LQFLGHQWH GH 5(%$-$ '( 3(16,Ð1 $/,0(17,&,$ HQ PL FDOLGDG GH -XH] $GMXQWR (Q OR SULQFLSDO XQD YH] TXH VH KD GDGR FXPSOLPLHQWR D OD SURYLGHQFLD GHO GH 'LFLHPEUH GHO D ODV K OD GHPDQGD SUHVHQWDGD SRU HO VHxRU %<521 -$9,(5 &$6752 /$*81$ HQ FRQWUD GH OD VHxRUD %/$1&$ /,',$ 5202 %(51$/ VH OD FDOLÀFD GH FODUD FRPSOHWD \ UH~QH ORV UHTXLVLWRV GH OH\ SRU OR TXH VH OD DFHSWD DO WUiPLWH &RQWHQFLRVR $GPLQLVWUDWL YR *HQHUDO HVWDEOHFLGR HQ HO &y GLJR GH OD 1LxH] \ $GROHVFHQFLD VH WRPD HQ FXHQWD DO 'U :LOOLDP *XHUUyQ FRQ FDVLOOHUR MXGLFLDO 1R SDUD TXH UHSUHVHQWH DO UHFODPDQWH HQ OD SUHVHQWH FDXVD &tWHVH D OD GHPDQGDGD VHxRUD %/$1&$ /,',$ 5202 %(51$/ PHGLDQWH WUHV SXEOLFDFLRQHV TXH VH UHDOL]DUiQ FDGD XQD GH HOODV HQ IHFKDV GLVWLQWDV HQ XQ SHULyGL FR GH DPSOLD FLUFXODFLyQ GHO OXJDU \ FRPR DVt OR GHWHUPLQD HO $UW GHO &yGLJR GH 3URFHGLPLHQWR &L YLO \ HO $UW ,QQXPHUDGR GH OD /H\ 5HIRUPDWRULD DO &yGLJR GH OD 1LxH] \ $GROHVFHQFLD &LWDGD TXH VHD HQ OHJDO IRUPD VH FRQYRFDUi D ODV SDUWHV D OD DXGLHQFLD ~QLFD GH FRQIRUPLGDG FRQ OR HVWDEOHFL GR HQ HO $UW ,QQXPHUDGR GH OD /H\ 5HIRUPDWRULD DO &yGLJR 2UJiQLFR GH OD 1LxH] \ $GROHV FHQFLD D ÀQ GH TXH FRQVWHVWH HQ HO WpUPLQR OHJDO FRUUHVSRQGLQWH \ GH DFXHUGR FRQ ORV $UWV GHO &yGLJR GH 3URFHGLPLHQWR &LYLO VHxDOH GRPLFLOLR MXGLFLDO SDUD UHFLELU VXV SRVWHULRUHV QRWLÀFDFLR QHV DQXQFLDQGR VXV PHGLRV SUR EDWRULRV UHVSHFWLYRV FRQIRUPH OR GHWHUPLQD HO $UW ,QQXPHUDGR GH OD /H\ UHIRUPDWRULD SUHYLQLpQGR OH TXH HQ FDVR GH QR FRQWHVWDU QL VHxDODU GRPLFLOLR SDUD VXV QRWLÀFDFLRQHV VH VHJXLUi FRQ OD SUHVHQWH FDXVD HQ VX UHEHOGtD 7pQJDVH HQ FXHQWD OD SUXHED DQXQFLDGD SRU OD SDUWH DFWRUD \ HO GRPLFLOLR VHxDODGR SDUD VXV SRV WHULRUHV QRWLÀFDFLRQHV DJUpJXH VH OD GRFXPHQWDFLyQ DGMXQWD D OD GHPDQGD 127,),48(6( '5 %<521 -$9,(5 625,$ /$1'$=85, 6(&5(7$5,2 $' +2& '(/ -8=*$'2 '( /$ 1,f(= < $'2/(6&(1&,$ '(/ &$17Ð1 78/&É1 +D\ ÀUPD \ VHOOR PU DW 5(3Ô%/,&$ '(/ (&8$'25 -8=*$'2 35,0(52 '( /2 &,9,/ '(/ &$5&+, $9,62 '( 5(0$7( (-(&87,92 1R 6H SRQH HQ FRQRFLPLHQWR GHO S~ EOLFR HQ JHQHUDO TXH HQ HO -X]JD GR 3ULPHUR GH OR &LYLO GHO &DUFKL HO GtD YHLQWH \ VLHWH GH PDU]R

GHO DxR GRV PLO GRFH GHVGH ODV WUHFH KRUDV KDVWD ODV GLHFLVLHWH KRUDV VH OOHYDUi FDER HO UHPDWH XQ LQPXHEOH TXH VH GHWDOOD D FRQWLQXDFLyQ 8%,&$&,Ð1 ,Q PXHEOH VLJQDGR FRQ HO Q~PHUR XELFDGR HQ HO &DQWyQ 7XOFiQ 3DUURTXLD *RQ]iOH] 6XDUH] FLX GDGHOD 6DQ /XLV FDOOH 3DGUH -RDTXtQ 6iQFKH] LQWHUVHFFLyQ FDOOH (PLOLR 0RULOOR /,1'(526 < ',0(16,21(6 'H DFXHUGR D OD LQIRUPDFLyQ FRQWHQLGD HQ ODV HVFULWXUDV ORV OLQGHURV VRQ ORV VL JXLHQWHV 1RUWH FRQ HO ORWH HQ P 6XU FRQ ORV ORWHV \ SRU SDUWHV HQ P (VWH FRQ OD FDOOH XQR HQ P \ 2HVWH FRQ HO iUHD FRPXQDO HQ P /RV OLQGHURV GHWHUPLQDGRV HQ EDVH DO OHYDQWDPLHQWR WRSRJUi ÀFR UHDOL]DGR VRQ ORV TXH VH GHVFULEHQ D FRQWLQXDFLyQ 1RUWH FRQ HO ORWH HQ P 6XU FRQ OR ORWHV \ HQ P (VWH FRQ FDOOH 3DGUH -RDTXtQ 6XDUH] HQ P \ 2HVWH FRQ iUHD FRPXQDO HQ P É5($ (O iUHD WRWDO GHO WHUUHQR HV GH P (O iUHD WRWDO GH OD FRQVWUXFFLyQ H[LVWHQWH HV GH FLHQWR VHWHQWD \ GRV PHWURV FXDGUDGRV FRQ FLQFXHQWD \ FLQFR FHQWtPHWURV '(6&5,3&,Ð1 '( /$ 3523,('$' (V XQ ORWH GH WHUUHQR GH IRUPD LUUHJXODU SODQR VLQ SHQGLHQWH GH LQFOLQDFLyQ FRQ XQD YLYLHQGD GH GRV SODQWDV XQ DFFHVR YHKLFXODU GH P HQ OD OtQHD GH IiEULFD \ XQ SDWLR SRVWHULRU GH WLHUUD 6LQ DFHUDV QL ERUGLOORV FRQ XQD YtD GH WLHUUD HQ HO ODGR RULHQWDO /RV OLQGHURV QRUWH \ RHVWH FROLQ GDQ FRQ RWUDV SURSLHGDGHV \ HO OLQGHUR RFFLGHQWDO FROLQGD FRQ XQ iUHD FRPXQDO /D YLYLHQGD HV GH KRUPLJyQ DUPDGR FRQ PDPSRVWHUtD GH ODGULOOR \ ORVDV DOLYLDQDGDV GH FP $GHPiV HVWi FRPSOHWDPHQWH FHUUDGR FRQ PDPSRVWHUtD GH ODGULOOR HO WUDPR UHVWDQWH GHO OLQGHUR QRUWH /DV SDUHGHV H[WHULRUHV QR HVWiQ HQ OXFLGDV PLHQWUDV TXH HQ ODV GRV SODQWDV ODV SDUHGHV LQWHULRUHV HV WiQ HQOXFLGDV \ EODQTXHDGDV HQ VX WRWDOLGDG (O SLVR GH OD SODQWD EDMD HV GH FHPHQWR H[FHSWR HQ XQ GRUPLWRULR TXH WLHQH UHFXEUL PLHQWR GH FHUiPLFD /D FRFLQD GH OD SODQWD EDMD WLHQH XQ PHVyQ HQ IRUPD GH / UHFXELHUWR FRQ FH UiPLFD /D SODQWD DOWD FRQWLHQHV GRV GHSDUWDPHQWRV FRQ FXDWUR DPELHQWHV HQ FDGD XQR (O SLVR GH OD SODQWD DOWD HV GH FHPHQWR \ HO EDxR GHO GHSDUWDPHQWR XEL FDGR HO RHVWH HVWi UHFXELHUWR FRQ FHUiPLFD /RV GHSDUWDPHQWRV GH ODV GRV SODQWDV GLVSRQHQ VROR GH SXHUWDV SULQFLSDOHV PHWiOLFDV /DV YHQWDQDV VRQ GH KLHUUR \ GH YLGULR WUDQVSDUHQWH $9$/Ô2 5( )(5(1&,$/ (O DYDO~R GH ODV SURSLHGDGHV VH UHDOL]R XWLOL]DQGR HO PpWRGR GH FRVWR GH UHSRVLFLyQ SDUD YDORUDU ODV FRQVWUXFFLRQHV FRQVLGHUDQGR ODV VXSHUÀFLHV UHD OHV TXH FRQVWDQ HQ ORV OHYDQWD PLHQWRV WRSRJUiÀFRV UHDOL]DGRV /D SHQGLHQWH QDWXUDO GHO WHUUHQR QR VXSHUD HO UD]yQ SRU OD FXDO QR VH DSOLFD HO )$&725 '( 7232*5$),$ GH ODV 12(0$6 3$5$ /$ )2508/$&,Ð1 '( (9$/Ô26 '( %,(1(6 ,108( %/(6 85%$126 (O SUHFLR XQL WDULR GH XQ ORWH GH WHUUHQR LQWHU PHGLR FRQ IUHQWH D XQD YtD HQ HO VHFWRU HV GH 86'P 7HUUHQR P [ 86' P &RQVWUXFFLyQ P [ 86' P 727$/ 6RQ 7UHLQWD \ VLHWH PLO VHLV FLHQ WRV YHLQWLXQR FRQ GyODUHV DPHULFDQRV 6H UHFHSWDUiQ SRVWXUDV TXH FXEUDQ ODV GRV WHUFHUDV SDUWHV GHO DYDO~R ODV PLVPDV TXH LUiQ DFRPSDxDGDV FRQ HO GLH] SRU FLHQWR GH OD RIHUWD HQ GLQHUR HQ HIHFWLYR R FKHTXH FHUWLÀFDGR D QRPEUH GHO -X]JDGR 3DUD PD\RU LQIRUPDFLyQ GLULJLUVH D OD VHFUH WDULD GHO -X]JDGR 3ULPHUR GH OR &LYLO GHO &DUFKL 7XOFiQ (QHUR GHO 'U +XJR &iUGHQDV 'HOJDGR 6(&5(7$5,2 +D\ )LUPD \ 6HOOR DU DW &,7$&,21 -8',&,$/ $ /26 '(0$1'$'26 /8,6 3(58*$&+, 3(5$&+,0%$ -26()$ $15$1*2 7,72 /8,6 )('(5,&2 3(58*$&+, 1$59$(= $1721,$ 48,1 &+,*8$1*2 -26( /,=$5'2 (6&2/$ 0(1'2=$ 3$8/$ &$08(1'2 %$/7$=$5 1$5 9$(= 1$59$(= '2/25(6 3(58*$&+, -26( 0$57,1 3$67$=$ 383,$/(6 526$ 0$5,$ &$038(6 0$5,$12 3(58*$&+, )(51$1'(= $9(/,1$ 257,= $9(/,1$ $1 5$1*2 0$57,1$ $15$1*2 720$6 &$&+,08(/ 380$ 526$ $15$1*2 )5$1&,6 &2 &$&2$1*2 &$&2$1*2 720$6$ 3(58*$&+, -26( ,0%$48,1*2 $15$1*2 )( /,=$ 3(58*$&+, -26( $1 721,2 1$59$(= 3(5$&+,0

%$ 6(*81'2 &$5/26$0$ &$08(1'2 0DUtD 0p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e37,02 '( /2 &, 9,/ '( ,0%$%85$ 2WDYDOR GH DJRVWR GHO ODV + YLVWRV $JUpJXHVH D ORV DXWRV HO HVFULWR TXH DQWHFHGH \ OD GRFX PHQWDFLyQ TXH VH DGMXQWD (Q OR SULQFLSDO OD GHPDQGD SUHVHQWDGD HV FODUD \ SUHFLVD SRU OR TXH VH OH DFHSWD DO WUiPLWH SRU OD YtD HVSHFLDO SUHYLVWD HQ OD 6HFFLyQ PD FRQFUHWDPHQWH HQ HO $UW \ VLJXLHQWHV GHO &yGLJR GH 3URFHGLPLHQWR &LYLO 3RU MXVWLÀFD GR HO IDOOHFLPLHQWR GH ORV VHxRUHV -RVp $QWRQLR 1DUYiH] 3HUDFKLP ED /XLV 3HUXJDFKL 3HUDFKLPED -RDTXtQ 3HUXJDFKL $QUDQJR 6HJXQGR &DUORVDPD &DPXHQ GR 7RPiV &DFKLPXHO 3XPD 0DUtD -RVHID $QUDQJR 7LWR $QJHO $QUDQJR $QUDQJR \ 0DUWLQD $Q UDQJR )HUQiQGH] SURFpGDVH DO LQYHQWDULR \ DYDO~R GH ORV ELHQHV GHMDGRV SRU ORV FDXVDQWHV &tWH VH D ORV GHPDQGDGRV FRQRFLGRV 0DQXHO 3HUXJDFKL $QUDQJR \ 'RORUHV &DFKLPXHO &DPXHQGR HQ VX GRPLFLOLR LQGLFDGR SDUD HO HIHFWR PHGLDQWH FRPLVLyQ OLEUD GD DO VHxRU 7HQLHQWH 3ROtWLFR GH OD SDUURTXLD GH 6DQ 3DEOR D ORV VHxRUHV /XLV 3HUXJDFKL 3HUD FKLPED \ -RVHID $QUDQJR /XLV )HGHULFR 3HUXJDFKL 1DUYiH] \ $QWRQLD 4XLQFKLJXDQJR 0DQXHO 3HUXJDFKL $QUDQJR \ 'RORUHV &DFKLPXHO -RVp /L]DUGR (VFROD 0HQGR]D \ 3DXOD &DPXHQGR %DOWDVDU 1DUYiH] 1DUYiH] \ 'R ORUHV 3HUDFKLPED -RVp 0DUWtQ 3D]WD]D 3XSLDOHV \ 5RVD 0DUtD &DPSXHV 0DULDQR 3HUXJDFKL )HUQiQGH] \ $YHOLQD 2UWL] $Q JHO $QUDQJR \ 0DUWLQD $QUDQJR 7RPiV &DFKLPXHO 3XPD \ 5RVD $QUDQJR )UDQFLVFR &DFRDQJR &DFRDQJR \ 7RPDVD 3HUXJDFKL -RVp ,PEDTXLQJR $QUDQJR \ )HOL]D 3HUXJDFKL -RVp $QWRQLR 1DUYiH] 3HUDFKLPED 6HJXQGR &DUORVDPD &DPXHQGR 0DUtD 0pQGH] ,PEDTXLQJR .LOR 0D QXHO 0pQGH] ,PEDTXLQJR -RVp (PLOLR &DUORVDPD 3HUXJDFKL -RVp (XVHELR &DUORVDPD 9LFHQWH &DFKLPXHO 3XPD \ D ORV SUHVXQ WRV \ GHVFRQRFLGRV KHUHGHURV GH ORV FDXVDQWHV -RVp $QWRQLR 1DUYiH] 3HUDFKLPED /XLV 3H UXJDFKL 3HUDFKLPED -RDTXtQ 3HUXJDFKL $QUDQJR 6HJXQGR &DUORVDPD &DPXHQGR 7RPiV &DFKLPXHO 3XPD 0DUtD -RVHID $QUDQJR 7LWR $QJHO $QUDQJR $QUDQJR \ 0DUWLQD $QUDQJR )HU QiQGH] HQ PpULWR GHO MXUDPHQWR GH ORV DFWRUHV SRU OD SUHQVD HQ XQR GH ORV GLDULRV GH PD\RU FLUFX ODFLyQ GH OD FDSLWDO GH OD SURYLQFLD GH ,PEDEXUD \ GH FRQIRUPLGDG FRQ OR GLVSXHVWR HQ HO $UW GHO &yGLJR GH 3URFHGLPLHQWR &LYLO /DV SDUWHV SXHGHQ VXJHULU VXV SHULWRV GH HQWUH ORV DFUHGLWDGRV SRU HO &RQVHMR GH OD -XGLFDWXUD UHVHUYiQGRVH HO -X]JDGR OD ID FXOWDG GH QRPEUDU HO SHULWR ~QLFR FRQIRUPH OR HVWDEOHFH HO $UW GHO &yGLJR GH 3URFHGLPLHQWR &LYLO ,QVFUtEDVH OD SUHVHQWH GHPDQGD HQ HO 5HJLVWUR GH OD 3URSLHGDG GH HVWH &DQWyQ FRQ QRWLÀFDFLyQ DO IXQFLRQDULR &RUUHV SRQGLHQWH $JUpJXHVH D ORV DXWRV OD GRFXPHQWDFLyQ DFRPSDxDGD D OD GHPDQGD \ WpQJDVH HQ FXHQWD OD FXDQWtD GH OD GHPDQGD \ HO FD VLOOHUR MXGLFLDO GHVLJQDGR SRU ORV DFWRUHV *DEULHO &DFKLPXHO $Q UDQJR /XLV 1DUYiH] 3HUXJDFKL 0DUtD 0HUFHGHV 3HUXJDFKL $Q UDQJR 0LFDHOD $QUDQJR $QUDQ JR $OIUHGR &DUORVDPD )DULQDQJR \ 0LFDHOD &DFXDQJR 3HUXJDFKL 1yPEUDVH FRPR SURFXUDGRU FR P~Q GH ORV DFWRUHV DO VHxRU *D EULHO &DFKLPXHO $QUDQJR &tWHVH \ 1RWLItTXHVH I 'UD 6XVDQD <DFHOJD $ -8=*$'2 6(37,02 '( /2 &,9,/ '( ,0%$%85$ 2WDYDOR GH GLFLHPEUH GHO /DV + $JUpJXHVH D ORV DXWRV HO HVFULWR TXH DQWHFHGH (Q DWHQ FLyQ D OR VROLFLWDGR SRU HO SURFXUD GRU MXGLFLDO GH OD SDUWH DFWRUD SRU

VHU OHJDO \ SURFHGHQWH VH UHFWLÀFD HO DXWR GH FDOLÀFDFLyQ GLFWDGR HO GH DJRVWR GHO ODV + \ VH GLVSRQH TXH ORV GHPDQGD GRV VHxRUHV 0DQXHO 3HUXJDFKL $QUDQJR \ 'RORUHV &DFKLPXHO &DPXHQGR VH OHV FLWH ~QLFDPHQ WH HQ VX GRPLFLOLR TXH VH HQFXHQ WUD VHxDODGR SDUD HO HIHFWR PH GLDQWH FRPLVLyQ OLEUDGD DO VHxRU 7HQLHQWH 3ROtWLFR GH OD SDUURTXLD GH 6DQ 3DEOR \ QR FRPR HTXLYR FDGDPHQWH VH KD RUGHQDGR TXH WDPELpQ VHDQ FLWDGRV SRU OD SUHQ VD (Q OR GHPiV VH HVWDUi D OR RU GHQDGR HQ HO DXWR GH FDOLÀFDFLyQ DQWHV UHIHULGR 1RWLItTXHVH 'UD 6XVDQD <DFHOJD $ /R TXH &,72 D ORV GHPDQGDGRV SDUD ORV ÀQHV OHJDOHV FRQVL JXLHQWHV SUHYLQLpQGROHV GH OD REOLJDFLyQ TXH WLHQHQ GH VHxDODU FDVLOOHUR MXGLFLDO HQ HVWD FLXGDG GH 2WDYDOR SDUD SRVWHULRUHV QR WLÀFDFLRQHV 2WDYDOR D GH (QHUR GHO 'UD *ORULD +LGURER 3 6(&5(7$5,$ '(/ -8=*$'2 6(37,02 '( /2 &,9,/ '( ,0%$%85$ +D\ ÀUPD \ VHOOR $G DL

¡

$18/$&,Ð1 6H SRQH HQ FRQRFL PLHQWR GHO S~EOLFR TXH VH KD H[WUDYLDGR OD OLEUHWD GH $KRUURV 1R GH OD &RRSHUDWLYD GH $KRUUR \ &UpGLR ´$WXQWDTXL /WGD µ SHUWHQHFLHQWH DO 6U $QJHO $QWRQLR 5HLQD &KXTXL]iQ SRU OR TXH VH SURFHGH D VX DQXODFLyQ DG DL

%$1&2 ,17(51$&,21$/

3RU KDEHUVH SHUGLGR OD /LEUHWD GH $KRUURV GH OD FXHQWD 1R GHO %DQFR ,QWHUQDFLRQDO 6 $ VH HVWi SURFHGLHQGR D VX DQXODFLyQ 4XLHQ FUH\HUH WHQHU GHUHFKR VREUH HVWD OLEUHWD GHEHUi SUH VHQWDU VX UHFODPR DO %DQFR GHQWUR GH ORV GtDV FRQWD GRV GHVGH OD ~OWLPD SXEOLFD FLyQ GH HVWH DYLVR IS DG DL

%$1&2 '( *8$<$48,/ 38%/,&$&,Ð1 5(92&$725,$ (;75$9,2 52%2 1 &+(48( &21 02172 %$1&2 '( *8$<$48,/ 6 $ D VROLFLWXG GHO VHxRU 9HODUGH -DUD 5RVD 0DWLOGH FRPXQLFD DO S~EOLFR TXH SRU SpUGLGD GHWHULRUR URER R VXVWUDFFLyQ VH SURFHGHUi D GHFODUDU VLQ HIHF WR HO ORV FKHTXH V GH OD FXHQWD FRUULHQWH 1R 1RPEUH GHO *LUDGRU 1RPEUH GH %HQHILFLDULR 1~PHUR V FKHTXH V 9DORU 6L QR KXELHUH RSRVLFLyQ DOJXQD GHQWUR GHO SOD]R GH GtDV FRQWDGRV D SDUWLU GH OD SUH VHQWH SXEOLFDFLyQ VH GHFODUDUi Q VLQ HIHFWR HO ORV GRFXPHQWR V DQWHV PHQFLRQDGR V \ HO LPSRUWH GHO PLVPR VHUi HQWUHJDGR DO JLUDGRU R EHQHILFLDULR R WHQHGRU TXH OR KD\D VROLFLWDGR %DQFR GH *XD\DTXLO 6 $ PU DW

%$1&2 '( *8$<$48,/

6H SRQH HQ FRQRFLPLHQWR GHO S~EOLFR TXH KHPRV VLGR QRWLILFDGRV GH OD SpUGLGD GH OD /LEUHWD GH $KRUURV 1R RWRUJDGD SRU QRVRWURV D )ORUHV %DVWLGDV *UDFLHOD 2OJD 6L WUDQVFXUUL GRV GtDV GH OD SXEOLFDFLyQ GH HVWH DYLVR QR VH SUHVHQ WDUH UHFODPR DOJXQR HQ QXHV WUDV RILFLQDV VH SURFHGHUi D OD DQXODFLyQ UHVSHFWLYD DG DL

$18/$&,Ð1 6H SRQH HQ FRQRFLPLHQWR GHO S~EOLFR TXH VH KD H[WUD YLDGR OD &XHQWD GH $KRUURV 1R &HUWLILFD GRV 1R GH OD &RRSHUDWLYD ´ GH 2FWX EUHµ SHUWHQHFLHQWH D OD 6UD 3pUH] 3DXFDU 'RUD ,PHOGD SRU OR TXH VH SURFHGH D VX DQXODFLyQ DW DW

(. ,*, . # (ŋ )(-.#./ #)( & 7YbWhe gk[ XkiYWh Z[i[djhW Wh bWi Z_i# fei_Y_ed[i Yedij_jkY_edWb[i [d WXijhWYje [i kd jhWXW`e _d\hkYjkeie" fk[ije gk[ dkdYW [b _dl[ij_]WZeh WbYWdpWh| W _cW]_# dWhi[ kdW dk[lW i_jkWY_ d fWhW bW Wfb_YW# Y_ d Z[ kdW dehcW" o fh[j[dZ[h kdW Ze]# c|j_YW Yedij_jkY_edWb h ]_ZW i[h W jWd fh[ikdjkeie Yece Z[iYWX[bbWZe >[ W^ bW _cfehjWdY_W Z[b jhWXW`e Z[ bei `k[Y[i o ef[hWZeh[i Z[ `kij_Y_W [d ][d[hWb YkWdZe i[ jhWjW Z[ h[Wb_pWh _dj[hfh[jWY_ d Yedij_jkY_edWb$ De i[ Z[X[ f[hZ[h Z[ l_ijW gk[ bW 9edij_jkY_ d [i kd Yk[hfe `kh Z_Ye _d b c_j[" fk[i" Z[ Yed\ehc_ZWZ Yed bW f_h|# c_Z[ A[bi[d_WdW [d bW gk[ i[ Yedij_jko[ [b ehZ[dWc_[dje `kh Z_Ye Z[ kd fW i" d_d]k# dW Z_ifei_Y_ d i[YkdZWh_W fk[Z[ [ijWh feh [dY_cW Z[ [bbW1 o" Z[ W^ gk[ bW fWbWXhW Z[b `k[p Yedij_jkY_edWb [i bW gk[ lW \ehcWdZe [b Z[h[Y^e [d [ijW cWj[h_W$ FWbWXhW jhWZkY_ZW [d \Wbbei gk[ iebWc[dj[ fk[Z[d XkiYWh bW kd_ZWZ Yedij_jkY_edWb o bW fWp Y_kZWZWdW$ FWhW h[Wb_pWh _dj[hfh[jWY_ d Yedij_jkY_edWb Z[X[ Z[`Wh Z[ l[hi[ W bW 9edij_jkY_ d Yece bW dehcW Z[ bW gk[ Z[X[ Z[ifh[dZ[hi[ jeZe [b WYY_edWh Z[ bW ieY_[ZWZ" i_de Yece [b Yed# `kdje Z[ lWbeh[i o fh_dY_f_ei gk[ i[ Z[X[d WbYWdpWh" [i Z[Y_h" W bei gk[ jWb WYY_edWh Z[X[ Yedl[h][h$ #!.11(".ũ'(23¢1(!.

;ije dei bb[lW" [d fh_c[h j hc_de" W h[YehZWh bW _cfehjWdY_W Z[ bW b[o bk[]e Z[ bW H[lebkY_ d <hWdY[iW$ ;i Z[ [dj[dZ[h gk[" gk_[d[i bb[lWhed WZ[bWdj[ jWb h[le# bkY_ d" iWb Wd Z[ kd h ]_c[d Wkjeh_jWh_e" [d bW gk[ [b Z[h[Y^e [hW be gk[ Z[Y W [b ieX[hWde gk[ [hW [b cedWhYW" o [d Yedi[# Yk[dY_W" be gk[ XkiYWXWd [hW i[]kh_ZWZ `kh Z_YW" gk[ d_YWc[dj[ bW [dYedjhWhed [d bW eX[Z_[dY_W _hh[ijh_YjW Wb Yedj[d_Ze Z[ bW b[o$ BW fWbWXhW Z[b b[]_ibWZeh [hW" [d bW fh|Yj_YW" _hh[XWj_Xb[$ O Wi be \k[ _dYbki_l[ ^WijW [b i_]be N?N" [d gk[ fh[Zec_d [b ;ijWZe Z[ :[h[Y^e b Wi[ [b fh[Zec_d_e Z[b Yedj[d_Ze Z[ bW b[o o gk[ ^W Z[`WZe i[Yk[bWi cko fhe\kdZWi ^WijW bW WYjkW# b_ZWZ$ 7 dWZ_[ b[ [i W`[de bW _cfehjWdY_W gk[ ^WijW W^ehW b[ ejeh]Wd bW cWoeh W Z[ bei `k[Y[i W bW b[jhW Z[ bW b[o" W d YkWd# Ze j[d]Wd gk[ h[iebl[hi[ Wikdjei dj_cW# c[dj[ b_]WZei W fh_dY_f_ei Yedij_jkY_edW# b[i Yece ied bei Z[h[Y^ei \kdZWc[djWb[i o ik l_][dY_W$ ;b ;ijWZe 9edij_jkY_edWb gk[ ikf[hW Wb ;ijWZe Z[ :[h[Y^e W d de i[ ^W _cfbWdjWZe fb[dWc[dj[$ +ũ+#%(2+ ".1ũ/ 2¢ũũ ũ24/+ -3 1ũ +ũ,.- 1! De _cfehjWXW YkWb _d`kije fkZ_[hW h[ikbjWh [b Yedj[d_Ze Z[ bW b[o" [b `k[p i[ [dYedjhWXW Yedl[dY_Ze gk[ W d Wi Z[X W Wfb_Y|hi[bW$ :[c|i [ijWh W fhe\kdZ_pWh ieXh[ bW Yh j_YW cWhn_ijW Wb ehZ[d ieY_Wb

_d`kije" _cf[hWdj[ feh [b ehZ[dWc_[dje `kh Z_Ye Z[iWhhebbWZe feh kdW Xkh]k[# i W gk[ WYWfWhWXW fWhW i bei X[d[\_Y_ei ieY_Wb[i o [Yed c_Yei" [d Z[ic[Zhe Z[ kd fheb[jWh_WZe gk[ de j[d W d_d]kdW h[fh[i[djWY_ d" [dj_ dZWi[ Yece feZ[h" [d [b [ifWY_e Z[b gk[ i[ Yed\ehcWXW [b ^WY[Zeh Z[ bWi b[o[i" [b b[]_ibWj_le" gk[ [hW gk_[d j[d W bW bj_cW fWbWXhW [d [b ehZ[dWc_[dje ieY_Wb$ ;d [ij[ [if[Yjhe" [b fWf[b Z[b `k[p i[ Yedij_jko [d [b h[f[j_Zeh Z[ bW b[o$ Ik \kdY_ d d_YWc[dj[ [hW Wfb_YWh ik Yed# j[d_Ze Wb YWie YedYh[je" i_d h[Wb_pWh c|i Wd|b_i_i Z[ `kij_Y_W e _d`kij_Y_W" lWb_Z[p e _dlWb_Z[p Z[ bW dehcW" Yedi[Yk[dY_Wi Z[ ik i[dj[dY_W$ De Z[X[ [dj[dZ[hi[ [gk_le# YWZWc[dj[ W [ijei YedY[fjei Yece WhX_# jhWh_[ZWZ [d [b \Wbbe" feh [b YedjhWh_e" Yece be l[h[cei Z[ifk i" i[ jhWjWd Z[ YedY[fjei gk[" Yed`k]WZei XW`e dehcWi ][d[hWb[i Z[ _dj[hfh[jWY_ d" `k[]Wd kd fWf[b Z[ l_jWb _cfehjWdY_W [d [b Z[iW# hhebbe Z[ bW Y_[dY_W Yedij_jkY_edWb gk[ i[ cWdj_[d[ i_[cfh[ XW`e bW fh[c_iW Z[ kdW 9edij_jkY_ d Yed l_ZW fhef_W [d ik Wfb_YWY_ d" Z_d|c_YW fWhW WZ[YkWhi[ W bei YWcX_ei ieY_Wb[i" o de Ze]c|j_YWc[dj[ h ]_ZW fWhW _cfed[hi[ i_d hWpedWX_b_ZWZ$ I_ [d dk[ijhWi YWX[pWi bW [dj[dZ_ hW# cei Yece [ije bj_ce" de ^WXh Wcei ^[Y^e c|i gk[ YWcX_Wh W bW l[hZWZ Z[ Zk[ e" Z[ bW b[o W bW 9edij_jkY_ d" fWhW h[f[j_hbW i_d i[dj_Ze fh|Yj_Ye$ +ũ)4#9Ĕũ!.,.ũ+#!3.1ũ"#ũ+ ũ #8 H[jecWdZe" [b [dj[dZ_c_[dje Z[b `k[p Z[Y_ced d_Ye" jWb Yece be ^[cei Yed\_# ]khWZe" [i Z[Y_h" Yece [b b[Yjeh Z[ bW b[o" Z_e bk]Wh W bW ;iYk[bW ;n[] j_YW$ ;bbW ieij[d W gk[ [b fWf[b Z[b `k[p i[ \kdZWc[djWXW [d kd jhWXW`e Z[ h[bWY_ d Z[ fh[c_iWi" kd l[hZWZ[he i_be]_ice$ 7i " Wb Z[j[YjWh W bW fh[c_iW cWoeh bW b[o " o W bW fh[c_iW c[deh [b ^[Y^e " eXj[d W ik YedYbki_ d bW i[dj[dY_W $ :[ [ijW \ehcW" heXWh [i kd Z[b_je gk[ c[h[Y[ bW f[dW Z[ ck[hj[" @kWd heX " [d Yedi[Yk[dY_W" @kWd c[h[Y[ bW f[dW Z[ ck[hj[$ BW _dj[hfh[jWY_ d" i_ [i gk[ [n_i# j W fk[ije gk[ [d h[Wb_ZWZ de ^WX W bk]Wh W _dj[hfh[jWY_ d" Yedi_ij W d_YWc[dj[ [d bW YecfWhWY_ d Z[ bei ^[Y^ei Yed bW dehcW" be gk[ iebWc[dj[ feZ W bb[lWhb[ W kdW o i be W kdW YedYbki_ d$ ;hW [djed# Y[i" bW c|n_cW [nfh[i_ d Z[b hWY_edWb_i# ce jhWZkY_ZW W Z[h[Y^e$ BWi Yedi[Yk[d# Y_Wi Z[ [dYedjhWh kdW iebW l[hZWZ fWhW bW h[iebkY_ d Z[b YWie ied [l_Z[dj[i0 De ^Wo _dj[hfh[jWY_ d" o feh jWdje" de ^Wo \ehcW Z[ [dYedjhWh bW dehcW l|b_ZW Wb YWie YedYh[je1 bW _dl[ij_]WY_ d de _cfeh# jW" iebWc[dj[ _cfehjW [b \h e Yedj[d_Ze Z[ bW dehcW$


Ä&#x201A;Ä&#x2C6;Ĺ? Ĺ? Ĺ?Ä&#x201A;Ä&#x20AC;Ä Ä&#x201A;

Ĺ? +. Ĺ? ÄĄ

Ä&#x201A;Ä&#x192;

Ä&#x201C;ĹŠ ĹŠ).5#-ĹŠ/1.$#2(.- +ĹŠ ,4)#1ĹŠ/#1"(¢Ŋ+ ĹŠ5(" ĹŠ!4 -".ĹŠ5( Äą ) ĹŠ ĹŠ24ĹŠ31 ).Ä&#x201C;

. &Ĺ&#x2039; ' (#) ,

, (-*),.#-. Ĺ&#x2039; - -#( ) Ä&#x201C;ĹŠ +ĹŠ1.231.ĹŠ"#+ĹŠ31 -2/.13(23 ĹŠ"#ĹŠÄ?Ä&#x160;ĹŠ Â .2ĹŠ"#ĹŠ#" "ĹŠ#23 ĹŠ! 2(ĹŠ"#2Ä&#x192;ĹŠ%41 ".Ä&#x201C;ĹŠ

+ĹŠ! ";5#1ĹŠ"#ĹŠ4-ĹŠ'., 1#ĹŠ$4#ĹŠ#-!.-Äą 31 ".ĹŠ 8#1ĹŠ!#1! ĹŠ +ĹŠ1#++#-.ĹŠ2 -(3 1(.ĹŠ"#ĹŠ 11 ĹŠ!.-ĹŠ2#Â +#2ĹŠ"#ĹŠ3.1341 Ä&#x201C;ĹŠ ĹŠÄ&#x203A;ĹŠ 7l[pWZei Z[b_dYk[dj[i

Wi[i_dWhed W ]ebf[i W kd jhWdi# fehj_ijW eh_kdZe Z[b YWdjÂ&#x152;d BW FWp" fhel_dY_W Z[b 9WhY^_$ Ik Yk[hfe WfWh[Y_Â&#x152; j[dZ_Ze W kd YeijWZe Z[b YWc_de gk[ YedZk# Y[ W 7beXkhe" fWhj_[dZe Z[iZ[ [b XejWZ[he Z[ XWikhW$ 7fWh[dj[c[dj[" [b cÂ&#x152;l_b Z[b Wi[i_dWje i[hÂ&#x2021;W [b heXe$ BW YW# c_ed[jW [d bW gk[" [b \Wbb[Y_Ze Z[ ,) WÂ&#x2039;ei Z[ [ZWZ" h[Wb_pWXW f[# gk[Â&#x2039;ei Ă&#x201C; [j[i [d ik YWdjÂ&#x152;d Yed# j_dÂ&#x2018;W i_d WfWh[Y[h$ BW lÂ&#x2021;Yj_cW \k[ h[fehjWZW Yece Z[iWfWh[Y_ZW feh iki \Wc_# b_Wh[i" bk[]e Z[ gk[ YedeY_[hWd

gk[ ;bÂ&#x2021;Wi =[dWhe E$" [cXWhYÂ&#x152; W Zei ik`[jei [d BW FWp" Wfhen_cW# ZWc[dj[ W bWi ''0&& Z[b fWiWZe c_Â&#x192;hYeb[i o" ^WijW bWi fh_c[hWi ^ehWi Z[ Wo[h" ik fWhWZ[he Yedj_# dkWXW i_[dZe kd c_ij[h_e$ KdW l[p YedeY_ZW ik Z[iWfW# h_Y_Â&#x152;d" \Wc_b_Wh[i o YecfWÂ&#x2039;[hei Z[ Yeef[hWj_lW Z[ ;bÂ&#x2021;Wi" Z_h_]_[# hed ik Wj[dY_Â&#x152;d W bW \hedj[hW Yed 9ebecX_W" _djkÂ&#x2021;Wd gk[ bei bWZhe# d[i Z[ Wkjecejeh[i feZhÂ&#x2021;Wd ^k_h Wb l[Y_de fWÂ&#x2021;i W d[]eY_Wh [b l[^Â&#x2021;# Ykbe heXWZe$ I_d [cXWh]e" bW XÂ&#x2018;igk[ZW YWcX_e Zh|ij_YWc[dj[ Z[ eh_[d# jWY_Â&#x152;d ^WijW [b bÂ&#x2021;c_j[ [djh[ 9Wh#

. 0 & Â&#x2DC;)Ĺ&#x2039; . (# )Ĺ&#x2039; )(Ĺ&#x2039;* (.)&#. ;B ik`[je gk[ fh[j[dZÂ&#x2021;W bb[lWh *&& jWYei Z[ f[djeb_jW c|i //. YWfikbWi Z[jedWdj[i feh bW lÂ&#x2021;W ?XWhhW # IWd Beh[dpe" W XehZe Z[ kd Xki _dj[hfhel_dY_Wb" \k[ fh[# i[djWZe bW cWÂ&#x2039;WdW Z[ Wo[h [d [b 9ecWdZe Feb_Y_Wb Z[ ?cXWXkhW$ ;b Z[j[d_Ze 7cXhei_e L$" eh_kdZe Z[ EjWlWbe o WbXWÂ&#x2039;_b Z[ fhe\[i_Â&#x152;d" Wi[]khÂ&#x152; gk[ bei [n# fbei_lei" gk[ i[ fh[ikc[ j[dÂ&#x2021;Wd Yece Z[ij_de bei ]hkfei _hh[]k# bWh[i Z[ 9ebecX_W" de ied Z[ ik fhef_[ZWZ" i_de Z[ kd fWh_[dj[ gk[ \k]Â&#x152; i[]kdZei Wdj[i Z[ gk[ bW Feb_YÂ&#x2021;W be WjhWf[" W XehZe Z[ kd Xki Z[ bW Yeef[hWj_lW ;if[`e [d [b i[Yjeh Z[ IWb_dWi$

;b Z[j[d_Ze Z[ (( WÂ&#x2039;ei Z[ [ZWZ" _d]h[iÂ&#x152; [d bWi fWhh_bbWi Z[ bW kd_ZWZ" i_[j[ hebbei Z[ [ij[hWi ZedZ[ [ijWXWd [iYedZ_Zei bei feZ[heiei [nfbei_lei$ JWcX_Â&#x192;d i[ b[ [dYedjhÂ&#x152; [d ik feZ[h" lWh_Wi Y[ZkbWi Z[ Y_kZWZWdÂ&#x2021;W" fWf[b[jWi Z[ Z[fÂ&#x152;i_jei Z[ Z_\[h[dj[i [dj_# ZWZ[i XWdYWh_Wi feh kd jejWb Z[ i_[j[ c_b ((+ ZÂ&#x152;bWh[i o *&& c_b f[iei YebecX_Wdei [d [\[Yj_le$ Bk_i 8|[p" `[\[ Z[ bW Feb_YÂ&#x2021;W @k# Z_Y_Wb Z[ ?cXWXkhW" [nfb_YÂ&#x152; gk[ lWh_ei Y_kZWZWdei ejWlWb[Â&#x2039;ei oW j_[d[ fbWd_\_YWZWi lWh_Wi hkjWi Z[ WXWij[Y_c_[dje W bW ]k[hh_bbW o kdW l[p gk[ Ykcfb[d Yed Â&#x192;n_je kdW [djh[]W lk[bl[d feh c|i$

Y^_ [ ?cXWXkhW$ Kd YedeY_Ze Z[ bW lÂ&#x2021;Yj_cW be l_e feh Â&#x2018;bj_cW l[p [b c_Â&#x192;hYeb[i [d [b i[Yjeh Z[ Bei 7dZ[i" l_W`WdZe ^WY_W [b ikh$ ;d [b jhWo[Yje b[ ^WXhÂ&#x2021;W [Y^e bkY[i W cWd[hW Z[ iWbkZe$ 9ed [ijW f_ijW iki YecfWÂ&#x2039;[# hei Z[ bWXeh[i [cfh[dZ_[hed bW XÂ&#x2018;igk[ZW feh [b i[Yjeh Z[ 7cXk# gkÂ&#x2021;" i_]k_[dZe jeZei bei YWc_dei Z[ i[]kdZe ehZ[d gk[ Yed[YjWd Yed bW FWdWc[h_YWdW Dehj[$ De jWhZWhed c|i Z[ YkWjhe ^ehWi [d ZWh Yed [b YWZ|l[h Z[b \Wbb[Y_Ze$ Ik Yk[hfe [ijWXW WXWd# ZedWZe Wb YeijWZe _pgk_[hZe Z[ bW lÂ&#x2021;W W 7beXkhe$ Ik heijhe YWi_ Z[iĂ&#x2019; ]khWZe o iki XhWpei cWhYW# Zei feh WbWcXh[" Yed [b YkWb ^W# XhÂ&#x2021;W i_Ze _dcel_b_pWZe ;bÂ&#x2021;Wi" ZWd Yk[djW Z[ bW dWjkhWb[pW Yhk[b Z[ iki l_Yj_cWh_ei$ De i[ [dYedjhÂ&#x152; ^[h_ZWi Z[

XWbW [d ik Yk[hfe$ I_d [cXWh]e" \WbjW [b _d\ehc[ Z[ Wkjefi_W fWhW YedeY[h bWi YWkiWi Z[b Z[Y[ie Z[b jhWdifehj_ijW$ 7fhen_cWZWc[dj[ W bWi '(0&& Z[ Wo[h" Wc_]ei Z[b \Wbb[Y_Ze l_[# hed kdW YWc_ed[jW Yed i_c_bW# h[i YWhWYj[hÂ&#x2021;ij_YWi W bW ikijhWÂ&#x2021;ZW feh bei Wbh[Z[Zeh[i Z[b c[hYWZe 7cWpedWi" f[he YedZkY_ZW feh ejhei ik`[jei$ ;2ĹŠ"#3 ++#2

>WijW [b bk]Wh Z[ bei ^[Y^ei bb[# ]Whed lWh_ei W][dj[i Z[ bW Feb_YÂ&#x2021;W fWhW h[YWXWh _d\ehcWY_Â&#x152;d$ :[# X[d Z[j[hc_dWh i_ bW lÂ&#x2021;Yj_cW \k[ Wi[i_dWZW [d [i[ c_ice bk]Wh e kbj_cWZW [d ejhe i_j_e o WXWdZe# dWZW [d [ij[ iÂ&#x152;b_Ze o Z[ifeXbWZe bk]Wh$ BW YWc_ed[jW CWpZW WÂ&#x2039;e '///" Z[ fhef_[ZWZ Z[ bW lÂ&#x2021;Yj_cW" Yedj_dÂ&#x2018;W Z[ifWh[Y_ZW$

KdW ck`[h Z[ )+ WÂ&#x2039;ei Z[ [ZWZ f[hZ_Â&#x152; bW l_ZW Wo[h [d bW FWdW# c[h_YWdW Dehj[" W (&& c[jhei Z[ bW O Z[ IWb_dWi$ L_W`WXW ^Wi# jW [b YWdjÂ&#x152;d C_hW W Ykcfb_h ik jhWXW`e [d [b 9[djhe Z[ IWbkZ Z[ Z_Y^e YWdjÂ&#x152;d$ 7b fWh[Y[h" kdW cWb cWd_e# XhW" Wb h[XWiWh W kd Xki" XWijÂ&#x152; fWhW gk[ bW `el[d ck`[h gk[Z[ WjhWfWZW [d bW YWhheY[hÂ&#x2021;W Z[ ik Wkjecejeh i_d fei_X_b_ZWZ[i Z[ ieXh[l_l_h$ Ik ck[hj[ \k[ YWi_ _dc[Z_WjW feh bW Zkh[pW Z[b _cfWYje$ 7fhen_cWZWc[dj[ W bWi &.0&&" bW l_Yj_cW jhWjÂ&#x152; Z[ h[XWiWh W kdW kd_ZWZ Z[ bW Yeef[hWj_lW Eh_[djWb" de WZ# l_hj_Â&#x152; gk[ Z[ \h[dj[ l[d_W ejhW kd_ZWZ _dj[hfhel_dY_Wb Z[ bW Yeef[hWj_lW ;nfh[ie Jkh_ice" Yed bW YkWb Yeb_i_edÂ&#x152; Z[ \h[dj[$ ;b f[iWZe Wkjecejeh bW WhhWijhÂ&#x152; dk[lWc[dj[ ^WY_W [b Xki Z[ bW Yeef[hWj_lW Eh_[d# jWb o \_dWbc[dj[ ik l[^Â&#x2021;Ykbe 9^[lheb[j 7l[e" \k[ W fWhWh W kd YeijWZe Z[ bW lÂ&#x2021;W Yecfb[jW# c[dj[ Z[ijhepWZe$ >WijW [b bk]Wh bb[]Whed bei i[hl_Y_ei Z[ [c[h][dY_W" f[he iÂ&#x152;be fkZ_[hed YecfheXWh ik ck[hj[$ De i[ h[]_ijhWhed c|i ^[h_Zei [d [ij[ WYY_Z[dj[$ Bei XecX[hei Yed bW WokZW Z[ bW m_dY^W Z[ FWdWl_Wb" h[Ykf[hW# hed [b Yk[hfe i_d l_ZW Z[ [djh[ bei h[jehY_Zei ^_[hhei$

# " ! ! # ' # ( ! $ # " ! $ $ !& "' ! !# ( $ " ! ! " ! "# ! & %


ŏ ŏ

ŏ

Ďć! ũĉĐũ ũ ũĉćĈĉ

, 41 Ĕũ 1!'(

¡ũ

#2 +, ".2ũ!1(,(- +#2ũ5(!3(, 1.-ũ ũ4-ũ!'.$#1ũ.1(4-".ũ "#ũ ũ 9ũ/ 1 ũ 11# 3 1+#ũ24ũ! ,(.-#3 ēũ 4ũ!4#1/.ũ / ı 1#!(¢ũ -".- ".ũ!#1! ũ"#ũ +. 41.ũ!.-ũ2# +#2ũ"#ũ3.1ı 341 ēũ : ũ ĉĊ

,/ !3.ũ$ 3 +ũ ũ - ũ).5#-ũ,4)#1ũ$ ++#!(¢ũ+ ũ, - ũ"#ũ

8#1ũ ũ+ ũ +341 ũ"#ũ+ ũ ũ"#ũ +(- 2ēũ '.!¢ũ "#ũ$1#-3#ũ!.-ũ4-ũ 42ũ(-3#1/1.5(-!( +ũ8ũ 04#".ũ 31 / " ũ +ũ(-3#1(.1ũ"#ũ24ũ 4ı 3.,¢5(+ēũũũ : ũ ĉĊ

(9 11.ũ2#ũ$4#

(-!+ēũ

Čćũ :

#ũ1#/(3#ũ + ũ/#+~!4+ ũ

2 +3 1.-ũ ũ.31.ũ ! , (23 ũ"#ũ ,.-#" ēũũ ũ5~!ı 3(, ũ1#!( (¢ũ4- ũ ++ , " ũ3#+#$¢-(! ũ "#ũ4-ũ!+(#-3#ũ8ũ 2 +(¢ũ"#ũ24ũ! 2 ũ / 1 ũ(1ũ ũ1# +(9 1ũ+ ũ 31 -2 !!(¢-ũ,.-ı #3 1( ēũ +ũ $#!3 ".ũ /#1"(¢ũ +1#"#".1ũ "#ũĉďũ,(++.-#2ũ"#ũ /#2.2ũĸ,;2ũ"#ũĈĊũ ,(+ũ"¢+ 1#2Ĺēũ 23#ũ#+ũ 3#1!#1ũ! 2.ũ04#ũ2#ũ /1#2#-3 ũ#-ũ,#-.2ũ "#ũĈĎũ"~ 2ũ#-ũ 4+ı !;-ē : ũ

4, #13.ũ (9 11.ũ/("(¢ũĈćũ)4% ".1#2ũ!.,.ũ1#$4#19.2ũ/ 1 ũ#+ũ ++#ũ "#+ũ '.3 ēũ 4ũ/#"(".ũ345.ũ#!.Ĕũ/#1.ũ/ 1 ũ"#2/#"(1+.ũ"#ũ24ũ! 1%.ēũ 4 -ũ 1+.2ũ 41 -.ũ24#- ũ!.,.ũ24ũ1##,/+ 9 -3#ēũ : ũ ĈĊ


Turn static files into dynamic content formats.

Create a flipbook
Edicion impresa Norte del 27 de enero de 2012 by LA HORA Ecuador - Issuu