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6

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6

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6

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6

%'-'311-88))6)4368

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SJXLIWYVJEGIHYVMRKXLITIVMSHSJTIEO[EXIVPSWWFYXEPWS
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FIEFWSVFIHMRXSXLIGSRGVIXIERHLIRGIRSXJSVQEQIQFVERI
;LIRXLIIZETSVEXMSRVEXII\GIIHWXLIVEXISJFPIIHMRKSJ
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 1MRRIWSXE (ITEVXQIRX SJ 8VERWTSVXEXMSR  
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KVEHYEPXIVQMREXMSRSJ[IXSVQSMWXGYVMRKMWTEVXMGYPEVP]GVMX
MGEPMRGSPH[IEXLIV[LIRXLIVIMWEVMWOSJJVII^MRKXLIJVIWLP]
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GSRXEMRVIGSQQIRHEXMSRWJSVKVEHYEPXIVQMREXMSRSJGYVMRK
ERHTVSXIGXMSR
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SJ GSRGVIXI GER FI LMKLIV MR GSPH [IEXLIV XLER MR [EVQ
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HIGVIEWIWTSVI[EXIVGERJVII^IMRXLITSVIWSJXLIGSRGVIXI
PIEHMRK XS JVSWX HEQEKI 8LMVH GSPH GSRGVIXI XIQTIVEXYVI
WPS[WXLIVEXISJL]HVEXMSRSJXLIGIQIRXWPS[MRKXLIVEXIEX
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MWVIQSZIHEXXLIIRHSJXLIGYVMRKTIVMSHXLIVIMWEVMWOSJ
VETMHHV]MRKERHEVETMHHVSTMRXIQTIVEXYVIGERGVEGOXLI
GSRGVIXI -R GSPH [IEXLIV GSRXVSP SJ QSMWXYVI WLSYPH FI
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JVII^MRK[IEXLIVGERFIEWFIRIJMGMEPXSXLIPSRKXIVQWIVZMGI

+9-()83'96-2+'32'6)8)

EFMPMX]SJXLIGSRGVIXIEWMXMWMR[EVQ[IEXLIVFYXSRP]MJXLI
QSMWXGSRGVIXIMWOITXJVSQJVII^MRK%MVIRXVEMRIHGSRGVIXI
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WYFNIGXIHXSJVII^MRKXIQTIVEXYVI[LMPIMREQSMWXGSRHMXMSR
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[IEXLIV GYVMRK TVSGIHYVIW JVIUYIRXP] MRGPYHI IZETSVEXMSR
VIHYGIVWEWERMRMXMEPGYVMRKJSPPS[IHF]QIQFVERIJSVQMRK
GYVMRKGSQTSYRHWSVF]GSZIVMRK[MXLHV]TPEWXMGWLIIXWSV
WMQMPEVGSZIVMRKW SVF]FSXLEQIQFVERIJSVQMRKGYVMRK
GSQTSYRHERHEGSZIVMRKMRTPEGISJGYVMRKF]XLIHMVIGX
ETTPMGEXMSR SJ [EXIV 8LIWI XIGLRMUYIW QE] SV QE] RSX
TVSHYGI XLI IUYMZEPIRX GSRGVIXI WYVJEGI TVSTIVXMIW EW
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XLIGSRGVIXIWYVJEGIMWVIHYGIH
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FI OITX JVSQ JVII^MRK ERH [SVOIVW WLSYPH FI TVSXIGXIH
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%'-6
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8LI VEXI SJ IZETSVEXMSR JVSQ E JVIWLP] TPEGIH GSRGVIXI
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%'-  SV %'-  SV VIGSQQIRHIH F] %'- 6
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WXVIRKXLSJEFSYX14ETWM MWVIEGLIH*SVVIWMWXERGI
XSHIMGIVWGEPMRKEGSQTVIWWMZIWXVIRKXLSJ14ETWM
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XIQTIVEXYVI 4JIMJIV ERH 1EVYWMR  ,IMR^ ERH 0YH[MK
/IPLEQ 

6

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 6IQSZEP SJ GSPH[IEXLIV TVSXIGXMSR{;LIR [EXIV
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WLSYPHFIYWIHXSEZSMHWXERHMRKSVTSRHIH[EXIVSRXLIWI
WYVJEGIW[LMPITPEGMRKXLIGSRGVIXI
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MQQIHMEXIP] EJXIV TPEGMRK ERH FIJSVI ERH HYVMRK XLI
JMRMWLMRKTVSGIWW7XITWJSVMRMXMEPGYVMRKWLSYPHFIXEOIRXS
WPS[XLIIZETSVEXMSRSJXLIFPIIH[EXIVSVXSVITPIRMWLXLI
FPIIH[EXIV)ZETSVEXMSRVEXIMWVIHYGIHF][MRHWGVIIRWSV

6

%'-'311-88))6)4368

WYRWGVIIRW XLEX FPSGO [MRH ERH VEHMERX IRIVK] ERH F]

JSKKMRK XLEX XIQTSVEVMP] MRGVIEWIW XLI LYQMHMX] SJ XLI EMV
EFSZI XLI GSRGVIXI 7SQI SJ XLI JSK HVSTPIXW JEPP XS XLI
GSRGVIXI WYVJEGI ERH EYKQIRX XLI FPIIH [EXIV 8VEMRMRK
NYHKQIRX ERH UYEPMX]GSRXVSP QIEWYVIW EVI VIUYMVIH XS
VITPEGIXLIIZETSVEXIHFPIIH[EXIV%XRSXMQIMWMXTVSTIVXS
QM\ WYVJEGI [EXIV [MXL XLI XST PE]IV SJ GIQIRX TEWXI MR
WYFWIUYIRX JMRMWLMRK STIVEXMSRW 1M\MRK SJ [EXIV MRXS XLI
TEWXIMRGVIEWIWXLI[GQEXXLIWYVJEGIVIHYGMRKWXVIRKXLERH
HYVEFMPMX]MRXLMWGVMXMGEPTSVXMSRSJXLIGSRGVIXI;LIRLMKL
XIQTIVEXYVIW[MXL[MRHPS[LYQMHMX]SVFSXLTVIZEMPER
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QSVIXMQIWHYVMRKXLIJMRMWLMRKSTIVEXMSRXSVIHYGIXLIVMWO
SJTPEWXMGWLVMROEKIGVEGOMRKERHGVYWXMRK7IGXMSR 
*MREP GYVMRK QIXLSHW GER FI YWIH SRGI XLI GSRGVIXI
WYVJEGI [MPPRSX FI HEQEKIH F] XLI ETTPMGEXMSR SJ GYVMRK
QEXIVMEPWSV[EXIV8LIRIIHJSVGSRXMRYSYWGYVMRKMWKVIEXIWX
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LSX [IEXLIV (YVMRK LSX [IEXLIV TVSZMHIH XLEX JEZSVEFPI
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GYVMRKMJYWIHWLSYPHFIGSRXMRYSYWXSEZSMHZSPYQIGLERKIW
HYIXSEPXIVREXI[IXXMRKERHHV]MRK0MUYMHQIQFVERIJSVQMRK
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VIJPIGXWSPEVVEHMEXMSR
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