4"-0/ ,/+*(" *;-0Ç#" 6.&5/045* "35 &910
XXX TBKBN OFU
4"+". 0#3";07"/+"
1650,";*
12926$'6., 6$-$0 *2',1$
XXX TBKBN OFU
12926$'6., 6$-$0
4"-0/ ,/+*(" "35 &910
t NFŜVOBSPEOJ t NFŜVOBSPEOB J[MPäCB VNFUOPTUJ t NFŜVOBSPEOJ TBKBN PCSB[PWBOKB
1650,";*
4BKBNTLF QSJSFECF LPKF PCKFEJOKVKV UFNF PCSB[PWBOKB LOKJäFWOPTUJ J VNFUOPTUJ PSHBOJ[VKV TF T DJMKFN QSPNPDJKF LVMUVSF J PCSB [PWBOKB B V VKFEOP J HPEJOJ KVCJMFKB LBE PCFMFäBWB HPEJOB QPTUPKBOKB /PWPTBETLJ TBKBN QSJSFŜVKF 4BMPO LOKJHB *[MPäCV VNFUOPTUJ J 4BKBN PCSB[PWBOKB V[ QPESÝLV ESäBWOJI PSHBOB WMBTUJ
t 4"-0/ ,/+*(" t "35 &910 t 1650,";*
6-"; / " 5 " #&41- 4&5*0$& ;" 10 104&5*0$* 4"+."
t QPTFUJMBDB PE UPHB VŘFOJLB J TUVEFOBUB [BWSÝOJI SB[SFEB PTOPWOJI J TSFEOKJI ÝLPMB t 4BMPO LOKJHB J[EBWBŘJ J LOKJäBSJ J[ 4SCJKF t 1JTDJ J QFTOJDJ OB v%BOJNB -B[F ,PTUJŗBw t v"SU FYQPw HBMFSJKF MJLPWOF SBEJPOJDF J TBNPTUBMOJ BVUPSJ t 4BKBN PCSB[PWBOKB v1VUPLB[Ji o PCSB[PWOF JOTUJUVDJKF ESäBWOJ J QSJWBUOJ GBLVMUFUJ TSFEOKF ÝLPMF J[ 4SCJKF J JOPTUSBOTUWB
,0/5",5* %*3&,503 13*3&%#& *.&-%" .0/"307 ė6-+", JNFMEB NPOBSPW!TBKBN OFU
#3"/*4-"7" /&%&-+,07*Ė 4BNPTUBMOJ TUSVŘOJ TBSBEOJL CSBOJTMBWB OFEFMKLPWJD!TBKBN OFU
4"-0/ ,/+*(" * v"35 &910w 5*+"/" $*$.*- 45",*Ė .FOBEäFS QSPKFLUB UJKBOB DJDNJM!TBKBN OFȠ
4"+". 0#3";07"/+" v1650,";*w 7-"%*.*3 +07*Ė 4BNPTUBMOJ TUSVŘOJ TBSBEOJL WMBEJNJS KPWJD!TBKBN OFU
CJCMJPUFLBSJ MKVCJUFMKJ LOKJäFWOPTUJ J VNFUOPTUJ ŜBDJ J TUVEFOUJ
4&,503 ;" */5&(3*4"/& ."3,&5*/( ,0.6/*,"$*+& QS!TBKBN OFU NBSLFUJOH!TBKBN OFU ,0/(3&4/* $&/5"3 LPOHSFTOJDFOUBS!TBKBN OFU 5&)/*ė,0 63&ě&/+& UFIOJLB!TBKBN OFU
7J[VFMOB QPSVLB PWPH TBKBNTLPH UFSNJOB SBE KF .BSJOF .JMKVÝ TUVEFOULJOKF "LBEFNJKF VNFUOPTUJ 6OJWFS[JUFUB V /PWPN 4BEV
XXX LOKJHF TBKBN OFU
4"-0/ ,/+*("
7SFNF PESäBWBOKB ŘFUWSUBL GFCSVBS o VUPSBL NBSU .FTUP PESäBWBOKB )BMB v.BTUFSw 3BEOP WSFNF PE EP ŘBTPWB
/B 4BMPOV LOKJHB LPKJ TF PSHBOJ[VKF V TBSBEOKJ TB 6ESVäFOKFN LOKJäBSB J J[EBWBŘB 4SCJKF PLVQMKBKV TF EFMBUOJDJ J[ J[EBWBÝUWB LOKJäFWOPTUJ J NFEJKB J UPLPN ÝFTU EBOB QSFETUBWMKB TF WJÝF IJMKBEB OBTMPWB 6KFEOP PSHBOJ[VKF TF LOKJäFWOB NBOJGFTUBDJKB v%BOJ -B[F ,PTUJŗBw OB LPKPK HPTUVKV OBKFNJOFOUOJKJ EPNBŗJ LOKJäFWOJDJ o EPCJUOJDJ [OBŘBKOJI LOKJäFWOJI OBHSBEB J[NFŜV EWB 4BMPOB 6 PLWJSV v%BOB -B[F ,PTUJŗBw EPEFMKVKF TF J LOKJäFWOB OBHSBEB BVUPSJNB EFMB ŘJKJ TV J[EBWBŘJ VŘFTOJDJ 4BMPOB LOKJHB
13&%/045* 6ė&ÀĖ" /" 4"-0/6 ,/+*(" t $FOF [BLVQB QSJMBHPŜFOF USäJÝOJN VTMPWJNB t 1SPNPWJTBOKF EFMB J BVUPSB OB CJOJ V )BMJ v.BTUFSw t .PHVŗOPTU VŘFÝŗB OB LPOLVSTV [B ,OKJäFWOV OBHSBEV v-B[B ,PTUJŗw t ,POUBLUJ T QPTMPWOPN QVCMJLPN o %BO CJCMJPUFLB J CJCMJPUFLBSB EWPEOFWOJ EPHBŜBK V ,POHSFTOPN DFOUSV /PWPTBETLPH TBKNB t 1SJTVTUWP PCSB[PWOJI JOTUJUVDJKB OB 4BKNV PCSB[PWBOKB
*/5&3&407"/+& 16#-*,& * 4536ė/& +"7/045* t #FMFUSJTUJLB J IJU LOKJHF t -JUFSBUVSB [B EFDV t 'BDFCPPL QFTOJŘLJ GFTUJWBM t 1PTMPWOP VHPWBSBOKF [B PULVQ LOKJHB
10/6%" *;%"7"ė" * ,/+*Ç"3" 6
,OKJHF [B EFDV "UMBTJ J FODJLMPQFEJKF 4USVŘOB MJUFSBUVSB J VEäCFOJDJ ėBTPQJTJ J OPWJOF #FMFUSJTUJLB
ǫ*/*45"34570 ,6-563& * */'03.*4"/+" 3&16#-*,& 43#*+&
10,3"+*/4,* 4&,3&5"3*+"5 ;" ,6-5636 * +"7/0 */'03.*4"/+&
(3"%4," 613"7" ;" ,6-5636 /070( 4"%"
,6-563/* $&/5"3 /070( 4"%"
(3"%4," #*#-*05&," /07* 4"%
6*,4 ʱ 6%36Ç&/+& ,/+*Ç"3" * *;%"7"ė" 43#*+&
."5*$" 4314,"
XXX BSU TBKBN OFU
"35 &910
7SFNF PESäBWBOKB ŘFUWSUBL GFCSVBS o VUPSBL NBSU .FTUP PESäBWBOKB )BMB v.BTUFSw J "VMB /PWPTBETLPH TBKNB 3BEOP WSFNF PE EP ŘBTPWB
/B *[MPäCJ v"SU FYQPw QSFETUBWMKBKV TF VNFUOJDJ SB[MJŘJUJI VNFUOJŘLJI J[SB[B HBMFSJTUJ BMJ J USHPWDJ QSJCPSB [B SBE MJLPWOJI VNFUOJLB J QSJCPSB [B PQSFNBOKF TMJLB 6[ UP *[MPäCB QSFETUBWMKB WFMJLV HBMFSJKV VNFUOJŘLJI TMJLB SVLPUWPSJOB J ESVHJI WJEPWB VNFUOJŘLJI PTUWBSFOKB 4WBLF HPEJOF EPEFMKVKF TF QSJ[OBOKF v4BWB ÀVNBOPWJŗw [B J[V[FUOF EPNFUF V VNFUOJŘLPN J[SB[V
41&$*'*ė/045* *;-0Ç#& v"35 &910w t 1SFETUBWMKBOKF HBMFSJKB J QPKFEJOBDB t *[MPäCB KF J QSPEBKOPH J QSPNPUJWOPH LBSBLUFSB t /BHSBEB v4BWB ÀVNBOPWJŗi [B J[V[FUOF EPNFUF V VNFUOJŘLPN J[SB[V t 5FNBUTLF J[MPäCF V "VMJ /PWPTBETLPH TBKNB
4536,563" *;-"("Ä—,& 10/6%& (0%*/&
6NFUOJŘLF TMJLF 6NFUOJŘLF GPUPHSBmKF 0TUBMP 1SJNFOKFOB VNFUOPTU
10,3"+*/4,* 4&,3&5"3*+"5 ;" ,6-5636 * +"7/0 */'03.*4"/+&
(3"%4," 613"7" ;" ,6-5636 /070( 4"%"
XXX PCSB[PWBOKF TBKBN OFU
1650,";*
7SFNF PESäBWBOKB ŘFUWSUBL GFCSVBS TVCPUB NBSU .FTUP PESäBWBOKB )BMB v.BTUFSw 3BEOP WSFNF PE EP ŘBTPWB 4BKBN v1VUPLB[Ji KF NFTUP HEF VŘFOJDJ J CVEVŗJ TUVEFOUJ JNBKV VWJE V QPOVEV SB[MJŘJUJI PCSB[PWOJI QSPmMB VOJWFS[JUFUB GBLVMUFUB JMJ TSFEOKJI ÝLPMB 0SHBOJ[VKV TF J TUSVŘOF USJCJOF OB LPKJNB TF QSFETUBWMKBKV SB[MJŘJUF OPWJOF V PCMBTUJ PCSB[PWBOKB V 4SCJKJ B QPTFUJPDJ NPHV EB TF VQP[OBKV J T BLUJWOPTUJNB TUVEFOUTLJI VESVäFOKB JOGPSNBUJWOJI DFOUBSB PNMBEJOTLJI [BESVHB BHFODJKB [B PCVLV J PCSB[PWBOKF [BQPTMFOJI
41&$*'*ė/045* 4"+." 0#3";07"/+" t 1SPNPDJKB PLP PCSB[PWOJI QSPmMB t 0CSB[PWOV QPOVEV QSFETUBWMKBKV J .JOJTUBSTUWP QSPTWFUF OBVLF J UFIOPMPÝLPH SB[WPKB .JOJTUBSTUWP VOVUSBÝOKJI QPTMPWB 4FLSFUBSJKBU [B PCSB[PWBOKF VQSBWV J OBDJPOBMOF [BKFEOJDF "1 7PKWPEJOF ŜBŘLF J TUVEFOUTLF PSHBOJ[BDJKF
*;-"("ė," 10/6%" (0%*/&
.*/*45"34570 13047&5& /"6,& * 5&)/0-0À,0( 3";70+" 3&16#-*,& 43#*+&
7JTPLF QSJWBUOF ÝLPMF 1SJWBUOJ GBLVMUFUJ %SäBWOJ GBLVMUFUJ %SäBWOJ VOJWFS[JUFUJ 1SJWBUOJ VOJWFS[JUFUJ 7JTPLF ESäBWOF ÝLPMF 1SJWBUOF TSFEOKF ÝLPMF ǞLBEFNJKF %SäBWOF TSFEOKF ÝLPMF 10,3"+*/4,* 4&,3&5"3*+"5 ;" 0#3";07"/+& 613"76 * /"$*0/"-/& ;"+&%/*$&
13&%/045* 6ė&ÀĖ" /" v1650,";*."w t 1SFLP J[MBHBŘB J[ PCSB[PWOPH TFLUPSB OB KFEOPN NFTUV t 0CKFEJOKFOB QPOVEB GBLVMUFUB TSFEOKJI ÝLPMB J ESVHJI PCSB[PWOJI JOTUJUVDJKB t /FQPTSFEBO EJSFLUBO LPOUBLU TB QSFETUBWOJDJNB J[MBHBŘB
10,3"+*/4,* 4&,3&5"3*+"5 ;" /"6,6 * 5&)/0-0À,* 3";70+
À,0-4," 613"7" ;" +6Ç/0#"ė,* * 43&.4,* 0,36(
À,0-4," 613"7" /07* 4"%
12926$'6., 6$-$0
XXX Vm PSH
XXX FVSBTDP PSH
XXX DFGB CJ[
XXX TBKBN OFU
XXX JDDBXPSME DPN
0E EP BWHVTUB QSJSFŜFOB KF 1SWB OPWPTBETLB J[MPäCB V [HSBEJ OFLBEBÝOKF %SäBWOF NBŜBSTLF LBUPMJŘLF HJNOB[JKF OB 'VUPÝLPN QVUV EBOBÝOKPK [HSBEJ &MFLUSPUFIOJŘLF ÝLPMF v.JIBKMP 1VQJOw V 'VUPÝLPK VMJDJ 5B HPEJOB P[OBŘJMB KF QPŘFUBL PSHBOJ[PWBOKB TBKBNTLJI QSJSFECJ V /PWPN 4BEV J TNBUSB TF QSWPN V QPTUPKBOKV /PWPTBETLPH TBKNB
0E EP NBSUB HPEJOF PESäBOJ TV 1SWJ NFŜVOBSPEOJ QPMKPQSJWSFEOJ TBKBN J *[MPäCB TUPLF 0SHBOJ[PWBMJ TV JI "LDJPOBSTLP ESVÝUWP [B J[MPäCF J 4BKBN V[PSBLB %SVÝUWP KF PTOPWBMB HSVQB OPWPTBETLJI USHPWBDB J JOEVTUSJKBMBDB
+VCJMBSOJ TBKBN J *[MPäCB PUWPSFOJ TV HPEJOF OB OPWPK MPLBDJKJ V EBOBÝOKPK )BKEVL 7FMKLPWPK VMJDJ HEF TF 4BKBN J EBOBT OBMB[J 5PLPN %SVHPH TWFUTLPH SBUB TBKNPWJ OJTV PESäBWBOJ
(PEJOF /PWPTBETLJ TBKBN KF QSFSBTUBP V PQÝUFKVHPTMPWFOTLV LPNFSDJKBMOV VTUBOPWV T OPWJN [BÝUJUOJN [OBLPN
4BWF[OP J[WSÝOP WFŗF KF EPOFMP PEMVLV EB OPWPTBETLJ QPMKPQSJWSFEOJ TBKBN EPCJKF J NFŜVOBSPEOJ LBSBLUFS B JTUF HPEJOF KF [CPH VTQFIB J VHMFEB LPKJ KF UPLPN HPEJOB TUFLBP OB LPOHSFTV .FŜVOBSPEOF BTPDJKBDJKF TBKNPWB 6'* V 4PMVOV QSJNMKFO V UV BTPDJKBDJKV
/B KVCJMBSOPN NFŜVOBSPEOPN QPMKPQSJWSFE OPN TBKNV VTBHMBÝFOP T OFTWSTUBOPN QPMJUJLPN UBEBÝOKF +VHPTMBWJKF PSHBOJ[PWBOB KF ,PMFLUJWOB J[MPäCB [FNBMKB V SB[WPKV B PSHBOJ[PWBOF TV J LPMFLUJWOF J[MPäCF ESäBWB J[ PCB UBEBÝOKB QPMJUJŘLB CMPLB [BQBEOPH J JTUPŘOPH
.FŜVOBSPEOJ QPMKPQSJWSFEOJ TBKBN KF HPEJOF QSJNMKFO V &63"4,0 o 6ESVäFOKF FWSPQTLJI QPMKPQSJWSFEOJI TBKNPWB TB TFEJÝUFN V 7FSPOJ J UJNF QPTUBP EFP QSFTUJäOF QPSPEJDF OBKSFQSF[FOUBUJWOJKJI QPMKPQSJWSFEOJI TBKNPWB LPKJ QSFETUBWMKBKV FWSPQTLF [FNMKF
*[HSBEOKPN ,POHSFTOPH DFOUSB v.BTUFSw [BQPŘFUPH HPEJOF B PUWPSFOPH TUWPSFOJ TV VTMPWJ [B PSHBOJ[PWBOKF NPEFSOJI TBKNPWB NFŜV LPKJNB KF .FŜVOBSPEOJ QPMKPQSJWSFEOJ TBKBN QPUWSEJP SFQVUBDJKV OBK[OBŘBKOJKFH BHSPCJ[OJT EPHBŜBKB V SFHJPOV