under pressure

Transcription

under pressure
_ i i k [ GHGB ] f ` W fW d B i k d ZWoB e Y je X [ h N B H F F L
1 ,Ê*,--1,
" -"Ê-Ê/ÊÊ/"Ê"
Ó
X k b b [ lW h Z
/Ê,Ê1/
-1 9]Ê"
/",Ên]ÊÓääÈ
-1 9]Ê"
/",Ên]ÊÓääÈ
X k b b [ lW h Z
/Ê,Ê1/
Î
, 1/
7,6,Ê9"1½,Ê Ê/7 ʅiÀiÊ>˜`Ê->œÊ*>Տœ]ÊLiÊÃÕÀiÊ̜ʫˆVŽÊÕ«Ê
-Ê Ê1
/Ê ]Ê,i˜>Տ̽ÃÊ£Ê
«ÀiÃÃÊÃÕ«Ài“œÊÀ>`iÞʜÀ`ʘii`ÃʘœÊ
…i«Êˆ˜Ê՘`iÀÃÌ>˜`ˆ˜}Ê̅iʓi>˜ˆ˜}ʜvʼˆ˜Ê
ۈ˜œÊÛiÀˆÌ>ý°ÊÕÌÊÀ>`Ãʓ>Þʅ>ÛiÊ}œ˜iÊ
>ÊÃÌi«Ê̜œÊv>ÀÊ܈̅Ê>ʏ>Ìi‡˜ˆ}…Ì]Ê>Vœ…œ‡
>ÃÈÃÌi`ÊVœ˜viÃȜ˜Êˆ˜Ê9œŽŽ>ˆV…ˆ\ʺÞÊ
…>ˆÀ½ÃʏœœŽˆ˜}Ê>ÊLˆÌʏˆŽiÊÀÕÃÌÞÊ̅iÊ
œÜ˜Ê
vÀœ“Ê/…iÊ-ˆ“«Ãœ˜Ã°Ê/iÊޜÕÊ܅>Ì]ʈvÊÜiÊ
܈˜Ê̅iÊV…>“«ˆœ˜Ã…ˆ«]ʽ“Ê}œˆ˜}Ê̜Ê}iÌÊ
ˆÌÊ>ÊV…œ««i`ʜvv°Ê½Ê}œÊvœÀÊ>ʘՓLiÀÊ
̅Àii°»ÊÃʈvÊiÀ˜>˜`œÊ>˜`Ê̅iÊLœÞÃʈ˜Ê
LÕiÊ`ˆ`˜½Ìʅ>ÛiÊi˜œÕ}…ÊÀi>ܘÊ>Ài>`ÞÊ
̜ÊLÀˆ˜}Ê̅iÊ̈̏iÃʅœ“i°Ê,iÃÌÊ>ÃÃÕÀi`Ê
À>`iÞ]ÊޜÕÀÊvÀˆi˜`ÃÊ>ÌÊ,i`ÊՏï˜Ê­>˜`Ê
ˆ˜Ê̅iÊÌi>“Ê>˜`Ê̅iÊ«>``œVŽ®Ê>Ü>ˆÌÊ̅iÊ
ÀiÃՏÌÃʜvÊ>«>˜Ê>˜`ÊÀ>∏Ê܈̅ÊL>ˆÌi`Ê
LÀi>̅oÊ
…œ«]ÊV…œ«°
̅iÊvœœÜˆ˜}ÊiÃÃi˜Ìˆ>ÊˆÌi“Ã\Ê£ä䓏Ê>vÌiÀÅ>Ûi]ʜ˜iʏœÕ`ÊňÀÌ]Ê£ääÊ}À>“ÃʏŽ>Ê
-iÌâiÀÊ>˜`ʜ˜iÊœÊ œÌʈÃÌÕÀLÊÈ}˜°Ê/…iÊÀi>ܘ¶Ê̽ÃÊ̅iÊiÛi˜ÌÊÜi½ÛiÊ>ÊLii˜Ê
Ü>ˆÌˆ˜}ÊvœÀÊqÊ̅iÊi˜`ʜvÊÃi>ܘÊ,i`ÊՏÊ«>ÀÌÞ°Ê9iÃ]Ê̅iÊÀՓœÕÀÃÊ>ÀiÊÌÀÕi]ÊÃÕV…Ê
ˆÃÊ̅iÊÃV>iʜvÊ̅ˆÃÊViiLÀ>̈œ˜]Ê̅iÊVœ“«>˜ÞʈÃÊÌ>Žˆ˜}ʜÛiÀÊ>˜Êi˜ÌˆÀiÊÃÌ>`ˆÕ“\Ê
œÀՓLˆÊ-Ì>`ˆÕ“]Ê-՘`>Þʘˆ}…Ì]ÊvÀœ“Ê™«“°ÊÊÌi>“Ê«iÀܘ˜iÊ>˜`ʓi`ˆ>Ê>ÀiÊ
ˆ˜ÛˆÌi`°ÊՏˆ>ʈÌâi˜Ê…>ÃÊ̅iÊÌi>“ʈ˜ÛˆÌiÃÊ>˜`ÊÀˆÌÌ>Ê,œiÎiʅ>ÃÊ̅iʓi`ˆ>ʜ˜iðÊ
/…iÞÊ܈ÊLiÊ>Û>ˆ>Liʈ˜ÊÀ>∏]ÊÜÊ}œÊ>˜`ÊÃiiÊ̅iÊ}ˆÀÃÊvÀœ“Ê/…ÕÀÃ`>Þʜ˜Ü>À`ð
*,/9t
*
-//,
" Ê1*Ê/Ê/,1
-Ê̅ˆÃÊiÛi˜ˆ˜}]Ê£Ê܈ÊLiÊvœÀ}ˆÛi˜Ê
vœÀÊviiˆ˜}ʏˆŽiÊÜi½ÀiÊÃ>ވ˜}Ê}œœ`LÞiÊ̜Ê>ʓÕV…ʏœÛi`ʅœ“i°Ê
ÕÌÊ܅i˜Êœ˜iÊV…>«ÌiÀÊi˜`Ã]Ê>˜œÌ…iÀʜ˜iÊÃÌ>ÀÌÃÊ>˜`ʅiÀi½ÃÊ
>˜Ê>iÀˆ>Ê«…œÌœ}À>«…ÊœvʜÕÀʘiÜÊ>«>˜iÃiʏœV>̈œ˜°Êi̽ÃÊ
…œ«iÊ̅iÊÀ>Vˆ˜}ʈÃÊ>ÃÊ`À>“>̈VÊ>ÃÊ̅iÊۈiÜÊqʈÌʓˆ}…ÌʘœÌʜ˜ÞÊ
Liʏ>ۈœÊÀˆ>̜ÀiÊëˆÌ̈˜}ʏ>Û>ʘiÝÌÊÞi>À°Ê7i½ÊÃiiÊޜÕÊ̅iÀi°
, 1/
9"1Ê7"1Ê8*
/Ê
ÊÌi>“Ê̜ʅ>ÛiÊwʘˆÃ…i`Ê
1VCMJTIFS œÀ“>˜ÊœÜi
&EJUPSÕÃ̈˜ÊޘiÃ
"SU%JSFDUPSˆiÃʘ}ˆÃ…
$IJFG4VCFEJUPSSBDF
>ۈ`ÊÀ>˜}iÀ
$IJFG4VCFEJUPS-POEPO
>˜VÞÊ>“iÃ
4FOJPS4VCFEJUPS*>ՏÊiˆÌ…
4FOJPS8SJUFSÊ>ÌÌÊ9œÕܘ
4UBGG8SJUFS`>“Ê>އ ˆV…œÃ
1SPEVDUJPO.BOBHFSÊ`>“Ê
>ÀL>>
%FTJHOFST*…ˆÊ->`i]Ê
>“iÃÊÀii˜…œÜ
1IPUP&EJUPSÊ-ÕÈiʜÀ“>˜
5FBN1IPUPHSBQIFS
/…œ“>ÃÊÕ̏iÀÊ
*MMVTUSBUPSˆi̓>ÀÊ>ˆ˜À>̅
-PHJTUJDT.BOBHFSiÌ̈˜>Êiˆ`ˆ}iÀ
-PHJTUJDT>ÌiÊ,œLܘ]Ê
Àˆ>˜iÊ>i]ÊÕÃ̈˜iʜvv“>˜˜
5SVDLJFTiˆ}…Ê*œÌ…iV>ÀÞ]Ê
>ÀVÊ-ˆÀiÌÌ
*57iÀ˜iÀÊ-Ì>`œLiÀ]ÊÊ
iÝ>˜`iÀÊiVŽ]Ê
iÀ˜`ʜÀL>V…
1SJOUJOH5FBN>À̈˜Ê9œÕ˜}]Ê
"ˆÛiÀÊ<ˆi}iÀÌ
1SJOUFST+BQBO
ˆâՎÕÊ*Àˆ˜Ìˆ˜}]Ê
9œŽŽ>ˆV…ˆ]Ê>«>˜
1SPKFDU$PPSEJOBUPSiÀ˜`ʈÃ>
1VCMJTIFECZ3FE#VMMFUJO7FSMBHT(NC)
FNBJMTFDSFUTFSWJDF!UIFSFECVMMFUJODPN
''03.6-"'03.6-"0/&BOE
EFWJDFTBOEUSBOTMBUJPOTUIFSFPGBSF
USBEFNBSLTPG'PSNVMB0OF-JDFOTJOH#7
B'PSNVMB0OFDPNQBOZ''PSNVMB
EFWJDFVTFEXJUIQFSNJTTJPO
6Ê/,9 Ê-Ê7,// Ê
ÎÇÊLœœŽÃÊ>˜`ÊVœÕ˜Ìˆ˜}]ÊLÕÌʈÌÊ
ˆÃʅˆÃÊ«iÀܘ>Ê¼«>ÃȜ˜½ÊLœœŽÃÊ
̅>ÌÊÃÌ>˜`ʜÕÌʜ˜Ê̅iÊÅiv°Ê
œœŽÃÊ̅>ÌÊ>Ài˜½ÌÊÜÀˆÌÌi˜ÊvœÀÊ
̅iÊ>`Û>˜Vi]ÊLÕÌÊ>ÀiÊ̅iÊÀiÃՏÌÊ
œvÊÎäÊÞi>ÀÃʜvÊÀiyÊiV̈œ˜Êœ˜Ê
̅iʅiÀœiÃÊ܅œÊˆ˜Ã«ˆÀi`Ê̅iÊ
ÜÀˆÌiÀÊ>˜`Ê>“>ÌiÕÀÊÀ>ViÀÊ>ÃÊ
>Êޜ՘}ʓ>˜°Ê/…iÊwÊÀÃÌʜvÊ
…ˆÃÊÃÕLiVÌÃÊÜ>Ãʏ>˜`Ê>˜`Ê
Ü>ÌiÀÊëii`ÊÀiVœÀ`Ê>ViÊ
œ˜>`Ê
>“«Li]Ê>LœÕÌÊ
܅œ“Ê/ÊÜÀœÌiÊ/…iÊ>˜Ê
i…ˆ˜`Ê̅iÊ>ΰʈÃʏ>ÌiÃÌÊ
LœœŽ]Ê«ÕLˆÃ…i`ÊLÞÊ>ޘiÃ]Ê/…iʜÃÌÊ
i˜iÀ>̈œ˜ÊVi˜ÌÀiÃÊ̅ÀiiÊÀˆÃˆ˜}ÊÀˆÌˆÃ…Ê
£ÊÃÌ>ÀÃÊvÀœ“Ê̅iÊ£™ÇäÃÊ܅œÊ…>`Ê̅iÊ
À>ÜÊÌ>i˜ÌÊ̜Ê}œÊ>Ê̅iÊÜ>Þ]ÊLÕÌÊ`ˆi`Ê
LivœÀiÊ̅iÞʅ>`Ê̅iÊV…>˜Vi°Ê,œ}iÀÊ
7ˆˆ>“Ãœ˜]Ê/œ˜ÞÊÀˆÃiÊ>˜`Ê/œ“Ê*ÀÞViÊ
­>vÌiÀÊ܅œ“Ê/Ài“>ޘiʘ>“i`Ê>Êܘ®Ê
>Àiʘ>“iÃÊ>“œÃÌÊvœÀ}œÌÌi˜ÊLÞÊ̈“iÊ>˜`Ê
̅ˆÃʈÃÊ>˜Ê>LÜÀLˆ˜}ÊÀi“ˆ˜`iÀ°Ê
1)05043&9'&"563&450:05"'
ÜÜÜ°Ài`LՏï˜°Vœ“
""Ê,67
4PIP4RVBSF-POEPO8%2(5FMFQIPOF
̅iˆÀʽäÈʓœ`iÊ`iÛiœ«“i˜ÌÊLÞʘœÜ]Ê>˜`ʅ>ÛiÊ
̅iˆÀÊ`iÈ}˜iÀÃÊVœ˜Vi˜ÌÀ>Ìiʜ˜Ê˜iÝÌÊÞi>À½ÃÊ
V>“«>ˆ}˜]ÊLÕÌÊ,i˜>ՏÌʅ>Ûiʜ˜iʓœÀiÊÃÕÀ«ÀˆÃiÊ
ˆ˜Ê̅iˆÀÊ>ÀÃi˜>°Ê/…iÊLJ8,Ê/À>˜ÃvœÀ“iÀ°Ê9i«]Ê
̅iÞ½ÀiÊÃ̈Ê«ˆÃÃi`Ê>LœÕÌÊ̅iˆÀʓ>ÃÃÊ`>“«iÀÃ]Ê
>˜`Ê>ÀiÊÀi>ÞÊ}œ˜˜>Ê}ˆÛiÊ̅iÊÊܓi̅ˆ˜}Ê̜Ê
̅ˆ˜ŽÊ>LœÕÌ°Ê̽ÃÊ«ÕÀ«œÃi‡LՈÌÊ̜Ê`ivi>ÌÊ̅iÊiۈÊ
vœÀViÃʜvʅˆ}…‡ÌiV…Êۈ>˜Ê>Û>ÌÀœ˜Ê>˜`ʏˆÌiÀ>ÞÊ
i>ÌÊiÀÀ>ÀˆÊvœÀÊLÀi>Žv>ÃÌ°Ê9œÕÊV>˜Ê`œÜ˜œ>`Ê
̅iÊۈ`iœÊœvÊ̅iÊ,ÓÈʓœÀ«…ˆ˜}ʈ˜ÌœÊ̅iÊ
ÀœLœÌˆVʓi>˜Ê“>V…ˆ˜iÊLÞÊۈÈ̈˜}Ê>ʈ`Ê
-iÛi˜ÊLœœÌ…Ê…iÀiÊ>ÌÊ̅iÊVˆÀVՈÌÊ>˜`Ê
«ˆVŽˆ˜}ÊÕ«Ê>Ê`ˆÃV]Ê܅ˆV…Ê܈ÊܜÀŽÊ
>ÃÊ>ÊÃVÀii˜Ã>ÛiÀʜ˜ÊVœ“«ÕÌiÀÃÊ>˜`Ê
“œLˆiÊ«…œ˜ið
7‡-1,
9‡
Ê--/ Ê
6//½-Ê>Êv>ÃÌʏi>À˜iÀ]Ê>Ãʣʅ>ÃÊ
vœÕ˜`ʜÕÌÊȘViʅˆÃÊ`iLÕÌʈ˜Ê/ÕÀŽiÞ°ÊÊ
ÕÌÊ>½ÃʘœÌʵՈÌiÊ«iÀviV̰ʈÃÊ«ˆÌ>˜iÊ
ëii`ˆ˜}ʈ˜`ˆÃVÀÃʈ˜Ê/ÕÀŽiÞÊ>˜`Ê
Ì>Þ]Ê܅ˆV…ÊVœÃÌʅˆ“ÊfÓäääʈ˜ÊwʘiÃ]Ê
«Àœ“«Ìi`Ê>ÊÃՈÌ>LiÊÀi뜘ÃiÊvÀœ“Ê…ˆÃÊ
“iV…>˜ˆVðÊ*œÃ̇œ˜â>]Ê̅iÞʓœ`ˆwÊi`Ê
̅iÊ`ˆ>}À>“ÊœvʅˆÃʓՏ̈‡v՘V̈œ˜Ê
ÃÌiiÀˆ˜}‡Ü…iiÊVœ““>˜`ÃÊ­}ˆÛi˜Ê
̜ÊiÛiÀÞʘiÜÊ`ÀˆÛiÀÊ̜ʅi«Ê̅i“ʏi>À˜Ê
̅iÊLÕÌ̜˜Ã®]Ê̜ÊÃÌÀˆ«Ê̅i“Ê`œÜ˜Ê̜
œ˜iÊiÃÃi˜Ìˆ>\Ê>ÊLˆ}ÊLÕÌ̜˜ÊvœÀÊ̅iÊ
ëii`‡ˆ“ˆÌiÀÊVœ˜ÌÀœ°Ê->ˆ`Ê-iL\ʺÕÃÌÊ
LivœÀiÊ-…>˜}…>ˆÊ̅iÞÊLÀœÕ}…ÌʓiÊ
>ʼ-iL>Ã̈i˜Ê6iÌÌiÊÃÌiiÀˆ˜}Ê܅iiÊ
ëiVˆ>½Ê>˜`ʈÌʅ>`ʜ˜Þʜ˜iÊLÕÌ̜˜ÊivÌ\Ê
*ÉÊqÊ«ˆÌʏˆ“ˆÌiÀ°ÊÊ}œÌÊ̅iʓiÃÃ>}i°»Ê
ÕÃÌʅ>ÛiÊ`œ˜iÊ̅iÊÌÀˆVŽ\ʅi½ÃÊLii˜Ê
wʘi‡vÀiiÊȘVi°Ê-œÊv>ÀoÊ
{
Xkbb^ehd
/Ê,Ê1/
-1 9]Ê"
/",Ên]ÊÓääÈ
-1 9]Ê"
/",Ên]ÊÓääÈ
"1,Ê
" /,-
f_jX_jY^
Xo^[b[dfWhWZoY[
x
Ó
/…ˆÃÊ Ìˆ“iÊ >ÃÌÊ Þi>À]Ê Ì…iÊ ÀՓœÕÀÃÊ wÀÃÌÊ Li}>˜Ê ÌœÊ VˆÀVՏ>ÌiÊÊ
"˜Ê /…ÕÀÃ`>ÞÊ >vÌiÀ˜œœ˜]Ê Ãœ“iÊ œvÊ “ÞÊ “i`ˆ>Ê Vœi>}ÕiÃÊÊ
>LœÕÌÊ >˜Ê ££Ì…Ê œÀ“Տ>Ê "˜iÊ Ìi>“Ê Ì>Žˆ˜}Ê Ì…iÊ }Àˆ`Ê ˆ˜Ê ÓääÈ°Ê
ÜiÀiÊLi>̈˜}Ê̅>ÌÊ̅iÞÊviÌʏœ˜ÃœÊ…>`ÊLii˜Ê}ˆÛi˜Ê>ʅ>À`Ê
œÀiÊ Ì…>˜Ê ÀՓœÕÀÃ]Ê Ì…iÊ ÜœÀ`Ê Vœ“ˆ˜}Ê œÕÌÊ œvÊ Ì…iÊ -ÕâՎ>Ê
̈“iÊ ˆ˜Ê ̅iÊ Ê «ÀiÃÃÊ Vœ˜viÀi˜ViÊ œÛiÀÊ …ˆÃÊ ÃÌ>ÌÕÃÊ ÜˆÌ…ˆ˜Ê
«>``œVŽÊ Ü>ÃÊ Ì…>ÌÊ Ì…ˆÃÊ Ü>ÃÊ >VÌÕ>ÞÊ >Ê ÃiÀˆœÕÃÊ «Àœ«œÃˆÌˆœ˜]Ê
̅iÊ Ìi>“°Ê ÀiÊ ÞœÕÊ >Ê “>`¶Ê /…iÊ `ÀˆÛiÀÃÊ >ÀiÊ «ÀœÌiVÌi`]Ê
˜œÌʍÕÃÌÊ>˜œÌ…iÀÊyއLއ˜ˆ}…ÌÊÃ̜ÀÞʜvʅœ«ivՏʈ``i‡>ÃÌiÀ˜Ê
VœÃÃiÌÌi`Ê >˜`Ê i˜VœÕÀ>}i`Ê ÌœÊ Ã>ÞÊ >ÃÊ ˆÌ̏iÊ >ÃÊ «œÃÈLiÊ
«œÌi˜Ì>ÌiÃʜÀÊVÕiiÃÃʓiÀˆV>˜Êw˜>˜VˆiÀÃÊÜ>˜Ìˆ˜}Ê̜ÊV>ˆ“Ê
ÕÃÌÊ ˆ˜Ê V>ÃiÊ Ì…iÞÊ Õ«ÃiÌÊ Ì…iÊ ÃÌ>ÌÕÃÊ µÕœ]Ê ˆÀÀˆÌ>ÌiÊ >Ê Ã«œ˜ÃœÀÊ
̜Ì>Ê «>``œVŽÊ `œ“ˆ˜>̈œ˜Ê LÞÊ Ì…iÊ vœœÜˆ˜}Ê 7i`˜iÃ`>Þ°Ê ÃÊ
œÀÊ œÕÌÀ>}iÊ Ãœ“iÊ Àiˆ}ˆœÕÃÊ }ÀœÕ«°Ê œÃÌÊ œvÊ Ì…iÃiÊ «iœ«iÊ
̅>ÌÊ ÜiiŽi˜`Ê ˆ˜Ê ÓääxÊ V>“iÊ ÌœÊ >Ê VœÃi]Ê Ì…iÊ ÜœÀ`ÃÊ }ÕÀˆÊ
ܜՏ`˜½Ìʎ˜œÜÊ̅iÊÌÀÕ̅ʈvʈÌÊLˆÌÊ̅i“Êœ˜Ê̅iÊLՓ°ÊÊ̅>ÌÊ
-ÕâՎˆ]Ê œ˜`>Ê >˜`Ê "ÝvœÀ`ňÀiÊ ÜiÀiÊ ˆ˜VÀi>Ș}ÞÊ Liˆ˜}Ê
iÀ˜>˜`œÊ ÌÜ>``iÊ >LœÕÌÊ Liˆ˜}Ê ivÌÊ >ÌÊ Ì…iÊ LœÌ̜“Ê œvÊ Ì…iÊ
“œÕ˜Ì>ˆ˜Ê ÜˆÌ…Ê >Ê «Õ˜VÌÕÀiÊ œ˜Ê ̅iÊ /œÕÀÊ `iÊ À>˜Vi°Ê 7…ÞÊ `ˆ`˜½ÌÊ …iÊ ÕÃÌÊ
“i˜Ìˆœ˜i`ʈ˜Ê̅iÊÃ>“iÊÃi˜Ìi˜Vi°
Ã>Þ]ʺ“ÞÊÌi>“‡“>ÌiʈÃÊ>ÊL>ÃÌ>À`ÊvœÀʜÛiÀÌ>Žˆ˜}ʓiÊ܅i˜Ê…iÊŜՏ`ʅ>ÛiÊ
˜`ÊÃÕÀiÊi˜œÕ}…]ÊVœ“iÊ>…À>ˆ˜Ê̅iÀiÊÜiÀiÊÌܜÊÀi`Ê>˜`Ê܅ˆÌiÊ-Õ«iÀÊ
Lii˜ÊÀˆ`ˆ˜}ÊŜÌ}՘Ê̜ʫÀœÌiVÌʓi»°Ê7iʓˆ}…Ìʅ>ÛiÊ՘`iÀÃ̜œ`°Ê
}ÕÀˆÃʜ˜Ê̅iÊ}Àˆ`°Ê"˜ÞʍÕÃÌ]ÊLÕÌÊ̅iÀiÊ̅iÞÊÜiÀi]ʏˆ˜ˆ˜}ÊÕ«Ê̜ÊÀ>ViÊ>Ê
ÕÌÊ Ì…iÊ -«>˜ˆ>À`½ÃÊ Ã̜˜iÜ>ˆ˜}Ê Ü>ÃÊ >ÃÊ ˜œÌ…ˆ˜}Ê Vœ“«>Ài`Ê ÌœÊ Ü…>ÌÊ
VœÕ˜ÌÀÞʓˆiʜvvÊ̅iÊ«>ViʜvÊiÛi˜Ê̅œÃiÊÃVÀ>«ˆ˜}ʈ˜ÌœÊ̅iÊ̜«Ê£ä°Ê
̅iÊ >«>˜iÃiÊ Vœ˜ÃÌÀÕV̜ÀÊ “i˜Ê V>“iÊ Õ«Ê ÜˆÌ…Ê ˆ˜Ê Àˆ`>Þ½ÃÊ Ê ˆ˜}°Ê Ê
/…iÊ}>}ÃÊ>ÌÊ̅iʏˆÌ̏iÊÌi>“½ÃÊiÝ«i˜ÃiÊÜiÀiʘՓiÀœÕÃÊ>˜`ÊܓiÊÜiÀiÊ
µÕiÃ̈œ˜Ê œ˜Ê ̅ˆÃÊ Liˆ˜}Ê Ì…iÊ >ÃÌÊ À>ViÊ ˆ˜Ê -ÕâՎ>¶Ê œ˜`>½ÃÊ ÀÊ 7>`>Ê
iÛi˜ÊÃÕ}}iÃ̈˜}Ê̅>ÌÊ̜ÊÀ՘ÊV>ÀÃÊÜÊϜÜÊÜ>Ã]ʈ˜Êv>VÌ]Ê`>˜}iÀœÕðÊ7…i˜Ê
ÀiVŽœ˜i`ʈÌÊÜ>ÃÊ>ÊÛiÀÞÊÌÀ>`ˆÌˆœ˜>ÊVœÕÀÃiʏœÛi`ÊLÞʓ>˜ÞÊ`ÀˆÛiÀÃÊ>˜`Ê̅>ÌÊ
9ՍˆÊ`iÊ̅i˜Ê…>`Ê̅iÊÌi“iÀˆÌÞÊ̜Ê>VÌʏˆŽiÊ>ÊÀœœŽˆiʈ˜ÊÕÃÌÀ>ˆ>]ʓ>ŽiÊ>Ê
ˆÌÊ Ü>ÃÊ >Ê Ã…>“iÊ ÌœÊ “ˆÃÃÊ >Ê ÌÀ>`ˆÌˆœ˜>Ê >˜`Ê vÕ˜Ê «>ViÊ vÀœ“Ê ̅iÊ V>i˜`>À°Ê
“ˆÃÌ>Žiʈ˜Ê“œ>Ê>˜`ÊLiÊVÀÕiÞÊÀœLLi`ʜvʅˆÃÊÃÕ«iÀʏˆVi˜Vi]Ê}ÕÀˆ½ÃÊÌi>“Ê
œÜÊ “iÊ ÌœÊ ÌÀ>˜Ã>Ìi\Ê £Ê ˆ˜Ê >«>˜Ê ˆÃÊ œ˜`>]Ê ÜiÊ LՈÌÊ ˆÌÊ Õ«]Ê Üœ˜Ê œÌÃÊ
ÜiÀiÊ̅iÊLÕÌÌʜvʓœÀiʍœŽið
œvÊ ÌˆÌiÃ]Ê LÕÌÊ Ì…œÃiÊ >ÀÀˆÛˆÃÌiÃÊ vÀœ“Ê /œÞœÌ>Ê Üi˜ÌÊ
ÕÌÊ …iÀiÊ ÜiÊ >Ài]Ê >ÌÊ Ì…iÊ Ûi˜ÕiÊ Ü…iÀiÊ Ì…iÊ
Li…ˆ˜`ʜÕÀÊL>VŽÃÊ>˜`Ê}>ÛiÊ̅iʓœ˜iÞʓi˜ÊܓiÊÊ
ÀՓœÕÀÃÊ wÀÃÌÊ Li}>˜Ê ÌœÊ VˆÀVՏ>ÌiÊ >˜`Ê Ìœ`>ÞÊ
/>ŽÕ“>Ê->̜Ê>˜`Ê->Žœ˜Ê9>Ž>“œÌœÊ܈ÊLœÌ…Ê
“œÀiÊ V>Ã…Ê ÕÃÌÊ ÌœÊ Ì>ŽiÊ >Ü>ÞÊ œÕÀÊ À>ViÊ LiV>ÕÃiÊ
Ì>ŽiÊ̅iÊ}Àˆ`Ê>˜`ÊÀ>ViÊ«Àœ«iÀÊ-Õ«iÀÊ}ÕÀˆÃ°Ê
̅iÞÊV>˜½ÌÊLi>ÌÊÕÃʜ˜Ê̅iÊÌÀ>VŽ°Ê
vÊÃi>ܘÊvœÀ“ʈÃÊ>˜Þ̅ˆ˜}Ê̜Ê}œÊLÞ]Ê̅i˜ÊÃÕÀiÊ
/œÞœÌ>½ÃÊ ÀÊ /œ“ˆÌ>Ê …>`Ê >Ê `ˆvviÀi˜ÌÊ ÛˆiÜ]Ê
̅iÞÊ ÜˆÊ >“œÃÌÊ ViÀÌ>ˆ˜ÞÊ LiÊ >ÌÊ Ì…iÊ L>VŽÊ œvÊ
Ài“ˆ˜`ˆ˜}ÊÕÃÊ̅>Ìʏ>ÃÌÊÞi>ÀÊ̅iÞÊyՎi`ʈÌÊ̜Ê}iÌʜ˜Ê
̅iÊ}Àˆ`]ÊLÕÌÊ̅ˆÃÊ̈“iÊ̅iÞÊ܈ÊLiʜ˜ÞÊ̅ÀiiÊ
«œiÊ LivœÀiÊ “iÃȘ}Ê Õ«Ê Ì…iˆÀÊ À>ViÊ ÃÌÀ>Ìi}Þ°Ê iÊ
`ˆ`˜½ÌÊ>˜ÃÜiÀÊ̅iʵÕiÃ̈œ˜]ÊLÕÌÊ܅>Ìʅiʓi>˜ÌÊ̜Ê
ÃiVœ˜`ÃʜvÊ̅iÊ«œiÊ«>Vi°Ê
Ã>ÞÊÜ>ÃÊ̅>ÌÊ/œÞœÌ>ʅ>ÃÊÜʓÕV…Êë>ÀiÊV>Åʈ˜ÊˆÌÃÊ
/…iÞÊ Üˆ]Ê L>ÀÀˆ˜}Ê Ãœ“iÊ ŽiÀvÕvyiÊ >ÌÊ Ì…iÊ
Û>ՏÌÃÊ̅>ÌÊLÕވ˜}Ê̅i“ÃiÛiÃÊ̅iÊ>«>˜iÃiÊÀ>˜`Ê*ÀˆÝÊÜ>ÃÊi>Ãއ«i>ÃÞÊ
ÃÌ>ÀÌÊ œÀÊ i˜`]Ê w˜ˆÃ…Ê ̅iÊ À>ViÊ ÕȘ}Ê Ì…iÊ Ài}Տ>̈œ˜Ê ˜Õ“LiÀÊ œvÊ Ã̜«ÃÊ ­>ÃÊ
>˜`ʜ˜iʈ˜Ê̅iÊiÞiÊvœÀÊ̅iˆÀʅœ“i}ÀœÜ˜ÊÀˆÛ>Ã]ʘœÌÊ̜ʓi˜Ìˆœ˜Ê̅iÊv>VÌÊ
œ««œÃi`Ê ÌœÊ Ì…iˆÀÊ i>ÀÞÊ Ãi>Ü˜Ê ÅÕÌ̏iÊ LÕÃÊ À՘ÃÊ ÌœÊ Ì…iÊ }>À>}iÊ >˜`ÊÊ
̅>ÌÊ̅iÊ>Õ̅œÀˆÌˆiÃÊÜiÀiʎii˜Êœ˜Ê…>˜`ˆ˜}Ê̅i“Ê̅iÊÀ>Vi]Ê>ÃʈÌʓi>˜ÌÊ̅iÞÊ
L>VŽ®Ê>˜`Ê̅iÞÊ܈Ê`œÊÜʏœœŽˆ˜}ÊiÛiÀÞʈ˜V…Ê>ÊvՏÞ‡yi`}i`]Êv՘V̈œ˜ˆ˜}Ê
ÜiÀiʓœÀiʏˆŽiÞÊ̜Ê}œÊ>œ˜}Ê܈̅Ê>˜ÞÊʈ˜ˆÌˆ>̈ÛiÃÊÀi}>À`ˆ˜}Ê̅iÊvÕÌÕÀiÊ
>˜`]ʓœÀiʈ“«œÀÌ>˜ÌÞ]ÊÃÕÀۈۈ˜}ʜÀ“Տ>Ê"˜iÊÌi>“°Ê
œvÊ̅iÊëœÀÌ°Ê-œÀÀÞ]Ê`ˆ`ÊÊÃ>ÞÊëœÀ̶Êʓi>˜ÌÊ̜ÊÃ>ÞÊLÕȘiÃðÊ`“ˆÌʈÌÊޜÕÊ
˜Ê>˜Ê>̓œÃ«…iÀiÊ܅iÀiʘœLœ`ÞʈÃÊ«>ވ˜}Ê>ÊLˆ˜`ÊLˆÌʜvʘœÌˆViÊ̜Ê܅>ÌÊ
Ìi>“Ê«iœ«i]ÊܜՏ`˜½Ìʏˆviʈ˜Ê̅iÊ«>``œVŽÊLiʓœÀiÊv՘ʈvÊޜÕÊ>˜ÃÜiÀi`Ê
>˜Þœ˜iʜ̅iÀÊ̅>˜ÊiÀ˜>˜`œÊ>˜`ʈV…>iÊ`œiÃ]Ê̅ˆÃʘœÌʈ˜Vœ˜ÃiµÕi˜Ìˆ>Ê
µÕiÃ̈œ˜ÃÊ̅ˆÃÊÜ>Þ°Ê̽ÃÊv>ˆÀÊ̜ÊÃ>ÞÊ̅>ÌʓœÃÌÊ«iœ«iÊʅ>ÛiÊ>Îi`ÊܜՏ`Ê
ۈV̜ÀÞÊ`iÃiÀÛiÃÊ>ʘœ`ʜvÊÀiVœ}˜ˆÌˆœ˜°
v>ۜÕÀÊÃÌ>ވ˜}ʅiÀiÊ܅ˆV…ʈÃÊ܅Þʜ˜iʍœÕÀ˜>ˆÃÌÊÃÕ}}iÃÌi`ʜ˜`>ÊŜՏ`Ê
˜Ê ̅iÊ VÕÀÀi˜ÌÊ w˜>˜Vˆ>Ê >˜`Ê Ã«œÀ̈˜}Ê Vˆ“>ÌiÊ ÌœÊ …>ÛiÊ ÃÕVViÃÃvՏÞÊ
>՘V…i`Ê>˜`ÊÀ՘Ê>ʜÀ“Տ>Ê"˜iÊÌi>“Ê>˜`ʎi«ÌʈÌÊ}œˆ˜}]ÊÃÌÀi˜}̅i˜i`Ê
}ˆÛiÊ>Ê̅iÊv>˜ÃÊ}œˆ˜}Ê̜ÊՍˆÊ>ÊÀ>ˆ˜ÊV>«iÊLÀ>˜`i`Ê܈̅Ê̅iʼ½Êœ}œ°
ˆÌÊ>˜`ʈ“«ÀœÛi`ʈÌʜÛiÀÊ̅iÊVœÕÀÃiʜvÊ>ʏœ˜}]ʅ>À`]ÊiÝ«i˜ÃˆÛiÊÃi>ܘʈÃÊ
>ÀÊ “œÀiÊ iÝVˆÌi“i˜ÌÊ Ì…>˜Ê À>ViÊ Ûi˜ÕiÃÊ Ü>ÃÊ œ˜Ê œvviÀÊ ˆ˜Ê ̅iÊ ÌœÜ˜Ê œvÊ
9œŽ>>ˆV…ˆÊœ˜ÊÀˆ`>Þʘˆ}…Ì]Ê܅iÀiÊ>Ê}ÀœÕ«ÊœvʍœÕÀ˜>ˆÃÌÃÊvœÕ˜`Ê̅i“ÃiÛiÃÊ
ˆ““i˜ÃiÞʏ>Õ`>Li°Ê
ˆ˜Ê̅iÊ£ä̅ÊyœœÀÊL>ÀʜvÊ̅iˆÀʅœÌiÊ܅i˜Ê
"LۈœÕÏÞ]Ê̅>ÌÊÃÕÀۈÛ>Ê…>ؽÌÊVœ“iÊ
̅iÊwÀiÊ>>À“ÃÊÜi˜Ìʜvv°Ê
܈̅œÕÌÊ ÃiÛiÀ>Ê >À}iÊ `œœ«ÃÊ œvÊ …i«Ê
£Ê1 ˜Ê ̅iÊ Ã«ˆÀˆÌÊ œvÊ -ˆÀÊ À>˜VˆÃÊ À>Ži]Ê
vÀœ“ÊLi˜iwVˆ>ÀˆiÃÊ>ÀœÕ˜`Ê̅iÊ«>``œVŽÊ
܅œÊ ˆ˜ÃˆÃÌi`Ê œ˜Ê w˜ˆÃ…ˆ˜}Ê …ˆÃÊ }>“iÊ œvÊ
>˜`Ê Ãœ“iÊ Ã>VŽÊ …>ÃÊ Õ˜`œÕLÌi`ÞÊ
LœÜÃÊ >ÌÊ *Þ“œÕÌ…Ê œiÊ LivœÀiÊ ÃiÌ̈˜}Ê
Lii˜Ê VÕÌÊ LÕÌÊ ˆÌ½ÃÊ Ã̈Ê >Ê Ài“>ÀŽ>LiÊ
Ã>ˆÊ ÌœÊ `ivi>ÌÊ Ì…iÊ -«>˜ˆÃ…Ê À“>`>]Ê
>V…ˆiÛi“i˜Ì°
̅iÊ «ÀiÃÃÊ ÃÌ>Þi`Ê «ÕÌÊ >˜`Ê ˆ˜ÃˆÃÌi`Ê Ì…>ÌÊ
˜`ii`]Ê-Õ«iÀÊ}ÕÀˆÊ˜œÜÊÀi«ÀiÃi˜ÌÊ
̅iÊ yiiˆ˜}Ê L>ÀÊ ÃÌ>vvÊ «Àœ`ÕViÊ >˜œÌ…iÀÊ
̅iÊ>VVi«Ì>LiÊv>Viʜvʜ˜`>°Ê7…iÀiÊ
ÀœÕ˜`Ê œvÊ `Àˆ˜ŽÃÊ LivœÀiÊ i>ۈ˜}Ê Ì…iÊ
>ÃÊ̅iÊ«>Ài˜ÌÊÌi>“ʈÃÊ>œœv]ʈ˜ÃՏ>ÀÊ>˜`Ê
LՈ`ˆ˜}°Ê"vÊVœÕÀÃi]ʈÌÊ>ÊÌÕÀ˜i`ʜÕÌÊ̜Ê
Ài“œÌi]Ê }ÕÀˆ½ÃÊ œÕÌwÌÊ ˆÃÊ Ã“ˆˆ˜}]Ê œ«i˜Ê
LiÊ >Ê v>ÃiÊ >>À“]Ê LÕÌÊ iÛi˜Ê ˆvÊ ˆÌÊ …>`˜½Ì]ÊÊ
>˜`ÊÃiv‡Vœ˜Ì>ˆ˜i`°Ê̽ÃÊ>˜Êi>ÈiÀÊ̅ˆ˜}Ê
̜Ê`œÊ܈̅Ê>ÊÓ>ÊÌi>“Ê܅iÀiÊ>}i˜`>ÃÊ
>ÊwÀiʈ˜Ê>Ê9œŽ>>ˆV…ˆÊ…œÌiÊVœÕ`ʜ˜ÞÊLiÊ
>ÀiÊviÜ]ÊLÕÌÊ-Õ«iÀÊ}ÕÀˆÊ…>ÛiÊLiVœ“iÊ
Vœ˜Ãˆ`iÀi`Ê>Ê}Ài>Ìʈ“«ÀœÛi“i˜Ì°Ê
̅>ÌÊ “œÃÌÊ V…iÀˆÃ…i`Ê œvÊ œÀ“Տ>Ê "˜iÊ
˜Vˆ`i˜Ì>Þ]Ê vœÀÊ Ì…œÃiÊ œvÊ ÞœÕÊ Ü…œÊ
ˆÌi“ÃÊqÊ>˜Ê՘`iÀ`œ}ÊޜÕÊ>VÌÕ>ÞÊÜ>˜ÌÊ
…>ÛiÊ i>À˜i`Ê ÞœÕÀÊ ˜}ˆÃ…Ê ˆÃÌi˜ˆ˜}Ê ÌœÊ
̜ÊÀœœÌÊvœÀ°
Vœ˜Ìi“«œÀ>ÀÞÊ “iÀˆV>˜Ê «>«Ê “ÕÈV]Ê
ÌÊ …>ÃÊ Lii˜Ê >Ê ÀœiÀVœ>ÃÌiÀÊ Þi>ÀÊ vœÀÊ
*Þ“œÕ̅ʜiʈÃÊ>ÊÃÌÀˆ«ÊœvÊVˆvv̜«Ê>˜`Ê
º½“ÊܜÀŽˆ˜}ʜÕÌ°Ê-ÕâՎ>ʈÃʜ˜iÊÛiÀÞÊÊ
̅iÊ ÞœÕ˜}Ê Ìi>“]Ê LÕÌÊ ]Ê vœÀÊ œ˜i]Ê …>ÛiÊÊ
œÛiÀœœŽˆ˜}Ê̅iÊÃi>Ê>˜`ʘœÌÊ>Ê«ÀœÃ̈ÌÕÌiÊ
`i“>˜`ˆ˜}ÊVˆÀVՈ̰»
L>Ãi`ʈ˜Ê̅iÊ-œÕ̅Ê7iÃÌʜvʘ}>˜`°
i˜œÞi`ÊÜ>ÌV…ˆ˜}Ê̅iÊÀˆ`i°
¼7…iÀiÊ̅iÊ«>Ài˜ÌÊÌi>“Ê
ˆÃÊ>œœv]Ê-Õ«iÀÊ}ÕÀˆÊ…>ÛiÊ
LiVœ“iÊ̅iÊ՘`iÀ`œ}Ê
ޜÕÊÜ>˜ÌÊ̜ÊÀœœÌÊvœÀ½
e d \W c _ b _ W h ] he k d Z Xo i W ae d oW c W c eje
{
*--6453"5*0/4,"*/3"5)'&((0
£
/Ê,Ê1/
Î
/Ê,- Ê-" Wm[bYec[WZZ_j_ed
Xo`kij_d^od[i
Xkbb^ehd
½“Ê Ã>`Ê Ì…>ÌÊ Ì…iÊ }À>˜`Ê «ÀˆÝÊ ˆÃÊ
i>ۈ˜}Ê-ÕâՎ>]ÊLÕÌʜ˜Ê̅iʜ̅iÀÊ
…>˜`Ê Ê Vœ˜Ãˆ`iÀÊ “ÞÃivÊ >Ê ÛiÀÞÊ
ÕVŽÞÊ LœÞÊ ÌœÊ }iÌÊ ÌœÊ Ü>ŽÊ œ˜Ê ̜Ê
̅iÊVˆÀVՈÌÊ̅ˆÃʓœÀ˜ˆ˜}Ê>ÃÊ>˜Ê£Ê
À>ViÊ`ÀˆÛiÀÊ>ÌʅˆÃʅœ“iÊÌÀ>VŽ°Ê
7…i˜Ê `ˆ`Ê Ê wÀÃÌÊ Vœ“iÊ ÌœÊ
-ÕâՎ>¶Ê Ê Ü>ÃÊ iˆ}…ÌÊ Þi>ÀÃÊ œ`Ê
>˜`Ê Ê V>“iÊ ÌœÊ Ü>ÌV…Ê ̅iÊ }À>˜`Ê
«ÀˆÝ°ÊÌÊÜ>ؽÌʍÕÃÌʓÞÊwÀÃÌÊÀ>ViÊ>ÌÊ-ÕâՎ>]ʈÌÊÜ>ÃÊ
“ÞÊwÀÃÌÊۈÈÌÊ̜Ê>ʓœÌœÀÊÀ>ViÊqÊvՏÊÃ̜«°Ê
ÊÜ>ÌV…i`ÊvÀœ“Ê̅iÊ}À>˜`ÃÌ>˜`ÊLÞÊ̅iÊi݈ÌʜvÊ
̅iÊV…ˆV>˜i]ʍÕÃÌÊLivœÀiÊ̅iÊÃÌ>À̇w˜ˆÃ…ÊÃÌÀ>ˆ}…ÌÊ
>˜`Ê ˆÌÊ Ü>ÃÊ >Ê Üœ˜`iÀvՏ]Ê `iˆ}…ÌvÕÊ ÃÕÀ«ÀˆÃiÊ ÌœÊ
ÃiiÊ̅iÊV>ÀÃÊVœ“iÊ̅ÀœÕ}…°Ê£ÊÜ>ÃÊ>“>∘}°
ˆŽiÊ “>˜ÞÊ œvÊ Ì…iÊ V…ˆ`Ài˜Ê ܅œÊ ܈Ê ÃiiÊ Ì…iˆÀÊ
wÀÃÌÊÀ>ViʅiÀiÊ̜`>Þ]Ê>ÊÊÜ>˜Ìi`Ê̜Ê`œÊ>vÌiÀÊ̅>ÌÊ
Ü>ÃÊ`ÀˆÛiÊ£ÊV>ÀðÊ7…i˜ÊʏœœŽÊL>VŽÊœÛiÀʓÞÊ
V>ÀiiÀÊ ÌœÊ `>ÌiÊ Ê Ài>ˆÃiÊ -ÕâՎ>Ê …>ÃÊ «>Þi`Ê >Ê
…Õ}iÊÀœiʈ˜ÊiÌ̈˜}ʓiÊÀi>ˆÃiÊ̅>ÌÊ>“LˆÌˆœ˜°Ê/…iÊ
wÀÃÌÊÃÌi«ÊvœÀʓœÃÌʜvÊÕÃʈÃÊ}œ‡Ž>ÀÌÊÀ>Vˆ˜}°Ê
Ê Li}>˜Ê “ÞÊ Ž>À̈˜}Ê V>ÀiiÀÊ Àˆ}…ÌÊ …iÀi°Ê Àœ“Ê
̅iÀiÊÊÜi˜Ìʈ˜ÌœÊvœÀ“Տ>ÊV>ÀÃÊ܅i˜ÊÊi˜Àœi`Ê
>ÌÊ̅iÊ-ÕâՎ>ʜÀ“Տ>Ê,>Vˆ˜}Ê-V…œœ°ÊÊ`ˆ`ʓÞÊ
wÀÃÌÊ Ãˆ˜}i‡Ãi>ÌiÀÊ >«ÃÊ …iÀi°Ê 7…i˜Ê Ê }œÌÊ ˆ˜ÌœÊ
ÎʈÌÊ`ˆ`˜½ÌÊÃÕÀ«ÀˆÃiʓiÊ>ÌÊ>Ê̅>ÌÊ̅iÊwÀÃÌÊ«>ViÊ
ÊVœ“«iÌi`ÊÜ>ÃoÊ-ÕâՎ>°Ê-œÊÀi>ÞÊÊ}ÀiÜÊÕ«Ê
>ÌÊ̅ˆÃÊÌÀ>VŽ°Ê
-œ]Ê >ÃÌÊ Þi>ÀÊ Ü…i˜Ê Ê “>`iÊ “ÞÊ £Ê `iLÕÌÊ
>ÃÊ œÀ`>˜½ÃÊ Àˆ`>ÞÊ `ÀˆÛiÀ]Ê ˆÌÊ V>“iÊ >ÃÊ µÕˆÌiÊ >Ê
ÃÕÀ«ÀˆÃiÊ ÌœÊ Ài>ˆÃiÊ Ì…>ÌÊ Ê `ˆ`˜½ÌÊ Ž˜œÜÊ -ÕâՎ>Ê
>ÌÊ>°Ê
½ÛiÊ`ÀˆÛi˜Ê…iÀiʈ˜ÊœÀ“Տ>Ê ˆ««œ˜]ÊLÕÌÊ̅iÊ
`ˆvviÀi˜ViÊ LiÌÜii˜Ê `œˆ˜}Ê >Ê >«Ê ˆ˜Ê >Ê ˆ««œ˜Ê
V>ÀÊ >˜`Ê >˜Ê £Ê V>ÀÊ ˆÃÊ …Õ}iÊ qÊ >˜`Ê ˆÌÊ ˆÃ˜½ÌÊ ÕÃÌÊ
̅iÊ Ã«ii`Ê >˜`Ê Ì…iÊ LÀ>Žˆ˜}]Ê Ì…iÊ ÛˆiÜÊ V>Õ}…ÌÊ
“iÊLÞÊÃÕÀ«ÀˆÃiÊ>ÃÊÜi°ÊÌÊÜ>ÃʏˆŽiÊ`ÀˆÛˆ˜}ʜ˜Ê>Ê
Vœ“«iÌiÞÊ`ˆvviÀi˜ÌÊVˆÀVՈ̰Ê
vÌiÀÊ̅iÊÃiVœ˜`ÊVœÀ˜iÀÊޜÕÊVœ“iʈ˜ÌœÊ̅iÊ
¼Ê}ÀiÜÊÕ«Ê>ÌÊ-ÕâՎ>]Ê
LÕÌʈ˜Ê>˜Ê£ÊV>ÀʈÌʈÃʏˆŽiÊ
`ÀˆÛˆ˜}ʜ˜Ê>ÊVœ“«iÌiÞÊ
`ˆvviÀi˜ÌÊVˆÀVՈ̽
ÃÃiÃ°Ê ˜Ê œÀ“Տ>Ê ˆ««œ˜Ê œÀÊ ÎÊ ÞœÕÊ Ã܈˜}Ê
>ÀœÕ˜`Ê>˜`ʈ˜ÊvÀœ˜ÌʜvÊޜÕʈÃÊ̅iʅˆÃˆ`iÊVœÛiÀi`ʈ˜Ê
}À>Ãðʽ`ʘiÛiÀÊÃii˜ÊˆÌÊVœÛiÀi`ʈ˜Ê«iœ«iÊLivœÀiÊ
qʈÌÊ̜œŽÊ“iÊLÞÊÃÕÀ«ÀˆÃiʓœ“i˜Ì>ÀˆÞ]ÊvœÀÌ՘>ÌiÞÊ
ˆÌÊ`ˆ`˜½Ìʏi>`Ê̜Ê>˜Þ̅ˆ˜}Êi“L>ÀÀ>ÃȘ}°
ÃÊ>ÊÀœœŽˆiʈÌʈÃÊ>Ü>ÞÃÊ`ˆvwVՏÌÊ̜Ê`ÀˆÛiʈ˜ÊvÀœ˜ÌÊ
œvÊ Ì…iÊ ÜœÀ`½ÃÊ LiÃÌÊ `ÀˆÛiÀÃ°Ê 7…i˜Ê ޜÕÊ …>ÛiÊ >Ê
>À}iÊ Àˆ`>ÞÊ VÀœÜ`]Ê ˆ˜Ê ޜÕÀÊ …œ“iÊ VœÕ˜ÌÀÞ]Ê
V…iiÀˆ˜}ÊvœÀÊޜÕ]ʈÌÊViÀÌ>ˆ˜ÞÊÜ>ðʘÊ̅iÊ}>À>}iÊ
LivœÀiÊÊÜi˜ÌʜÕÌÊvœÀÊ̅iÊwÀÃÌÊ̈“iÊÊÜ>ÃÊ«ÀiÌÌÞÊ
˜iÀۜÕÃÊ>˜`ÊܜÀÀˆi`Ê>LœÕÌÊ`œˆ˜}Ê̅iʍœLÊÜi°Ê
œÀÌ՘>ÌiÞ]Ê Ü…i˜Ê Ê }œÌÊ œÕÌÊ œ˜Ê ̅iÊ ÌÀ>VŽÊÊ
>˜`Ê VœÕ`Ê Vœ˜Vi˜ÌÀ>ÌiÊ œ˜Ê `ÀˆÛˆ˜}]Ê Ì…iÊ ˜iÀÛiÃÊ
Üi˜ÌÊ>Ü>Þ°ÊÊ7…i˜ÊÊ>VVˆ“>̈Ãi`Ê̜Ê̅iÊV>ÀÊ>˜`Ê
̅iÊëiVÌ>̜ÀÃ]Ê̅iÊÃi˜Ã>̈œ˜ÊœvÊ`ÀˆÛˆ˜}Ê>˜Ê£Ê
>ÀœÕ˜`Ê-ÕâՎ>ÊÜ>ÃÊ«ÕÀi]Ê՘`ˆÕÌi`ʍœÞ°
7…i˜Êʅi>À`Ê̅iʘiÜÃÊ̅>ÌÊ-ÕâՎ>ÊܜՏ`˜½ÌÊ
Liʜ˜Ê̅iÊÓääÇÊV>i˜`>À]ÊÊÜ>ÃÊ`ˆÃ>««œˆ˜Ìi`°ÊÊ
V>˜Ê՘`iÀÃÌ>˜`Ê܅ÞÊ̅ˆÃʈÃÊ̅iÊV>Ãi\ÊVœ“«>Ài`Ê
ÜˆÌ…Ê Ì…iÊ ˆ˜vÀ>ÃÌÀÕVÌÕÀiÊ >ÃÌÊ ÜiiŽÊ ˆ˜Ê -…>˜}…>ˆ]Ê
̅iÊv>VˆˆÌˆiÃʅiÀiʏœœŽÊÛiÀÞʜ`Ê>˜`Ê̈Ài`°Ê
ÕÌÊ Ì…iÊ ÌÀ>VŽtÊ vÊ Ì…iÀi½ÃÊ >Ê Ü>ÞÊ ÌœÊ LÀˆ˜}Ê £Ê
L>VŽÊ…iÀiʈ˜Ê̅iÊvÕÌÕÀi]Ê̅i˜ÊÊ܈ÊLiÊ̅iÊwÀÃÌÊ
̜ÊÃÕ««œÀÌʈ̰ÊÊ
£
,Ê1
#BEEBZBUUIFPGGJDFGPS3FE#VMM3BDJOHXJUIOFJUIFSDBS
NBLJOHJUUISPVHIUIFGJSTURVBMJGZJOHTFTTJPO$PVMUIBSEBOE
%PPSOCPTMJOFVQUIBOEUITPFYQFDUUIF3FE#VMMTUP
TUBSUIFBWZBOEHPMPOH
"1/,
£Ç
£
"", "-
£n
£
" /PIFSPJDTUPEBZGSPN)POEBXJUI#VUUPOBOE#BSSJDIFMMP
TUBSUJOHTFWFOUIBOEFJHIUPOUIFJSIPNFDJSDVJU3BJO
UPNPSSPXNJHIUCFBXFMDPNFGBDUPSGPSUIFUFBNXIJDI
SBOTPTUSPOHMZMBTUXFFLFOE
,,
"
n
n
1//"
Ç
™
7-
"OPGGEBZZFTUFSEBZGPS8FCCFSXIPTUBSUTUICVUCFUUFS
GSPN3PTCFSHXIPTUBSUTUI"GUFSBQPJOUJO$IJOB
8JMMJBNTTFFNUPCFHFUUJOHTUSPOHFSBUUIFFOEPGXIBU
IBTCFFOBHSJNTFBTPO
,"-,
£ä
7,
£{
£Ó
/"9"/
5PZPUBMPDLFEPVUUIFTFDPOESPXXJUIHSFBUGJOBMMBQT
GSPNCPUI3BMGBOE+BSOP(JWFO5PZPUBµTSBDFQBDFMBTU
XFFLHPPEUZSFTMPXGVFMPSBMJLFMZDPNCJOBUJPOPGUIF
UXPTFFNMJLFMZ
,Ê-
1
,
Î
™
/,1
{
n
,,,
1FSGFDURVBMJGZJOHGPS'FSSBSJJOGJSTUBOETFDPOE4DIVNBDIFS
NBEFBTNBMMFSSPSBUUIFFOEPGIJTMBTUMBQQSPCBCMZ
DPTUJOHIJNQPMFCVUUIF5PZPUBCVGGFSCFUXFFOIJNTFMG
BOE"MPOTPXPVMEIBWFEJTQFMMFEBOZTFMGSFDSJNJOBUJPO
--
£
{
Ê-
1
,
Ó
£Î
,
3PUUFORVBMJGZJOHGPS.D-BSFOXJUIOFJUIFSDBSNBLJOHJU
JOUPUIFUPQ%FMB3PTBµTMBTUNJOVUFEBTIUPNBLF4
PSJHJOBMMZMPPLFEMJLFUIFUFBNXFSFQMBZJOHJUWFSZDPPM°
CVUXJUIIJOETJHIUJUMPPLTMJLFUIFZSFBMMZTUSVHHMFE
ÊÊ,"-
£Î
ä
," ££
Ç
, 1/
3FOBVMUOFWFSMPPLFEPOUIFQBDFBMMTFTTJPOBOEGJGUI
BOETJYUIQSPCBCMZSFQSFTFOUFEUIFCFTUUIFZDPVMEIBWF
FYQFDUFE*UEPFTOµUMPPLHPPEGPS&OTUPOFCVUBTMBTUXFFL
QSPWFETUSBOHFUIJOHTIBQQFOBUUIFFOEPGUIFTFBTPO
" -"
x
£Ó
-
È
x
Ç
,Ê*"-/" Ê
£ääÉ£
"-Ê",Ê,
Ê7
‡/"‡Ê+19 ÊÊ6,-1-Ê
/‡/Ê/,Ê9-/,9
x
ÓääÉ£
xääÉ£
Îä¯
£ä¯
xäÉ£
ÓxÉ£
{ä¯
ÎääÉ£
ÓääÉ£
Óx¯
7
Ê"
,Ê,Ê Ê
ÓäÉ£
ÓäÉ£
£ÓÉ£
£äÉ££
Ê",Ê"
Ê"
"
/
ÎäÉ£
ÓäÉ£
Îx¯
££Én
£ÈÉ£
ä¯
£ä¯
Óä¯
Îä¯
{ä¯
™ä
xä¯
Çx¯
Èä¯
7/½-Ê/Ê-
",¶Ê/-Ê,Ê"1,Ê*,
/" -Ê"Ê/Ê*,
/Ê
Ê"Ê/Ê/Ê-
", Ê*" /-Ê/-Ê/, ""
Çä¯
nä¯
™ä¯
£ää¯
Ê-
1
,
,,,
£\ә°Ç££
--
,,,
£\ә°x™™
Çä¯
Ê/,1
/"9"/
£\Îä°äΙ
™
œÌÊ,i`ÊՏÊ
,>Vˆ˜}½ÃÊwʘiÃÌÊ
…œÕÀ]Ê>ÃÊ
Ê
iÝ«>ˆ˜i`Ê>vÌiÀÊ
…ˆÃÊi>ÀÞÊi˜`Ê
̜ʵÕ>ˆvވ˜}°ÊºÊ
œÛiÊ̅ˆÃÊÌÀ>VŽÊˆÌ½ÃÊ>Ê}Ài>ÌÊ
V…>i˜}i]ÊLÕÌʜÕÀÊV>ÀʍÕÃÌÊ
ˆÃ˜½ÌÊ}i˜iÀ>̈˜}Ê̅iÊ
œÛiÀ>Ê}Àˆ«Ê̅>̽Ãʘii`i`Ê
…iÀi°Ê/…iÊL>>˜ViʈؽÌÊ
̜œÊL>`]ʈ̽ÃÊ>ÃÊ}œœ`Ê>ÃÊ
ˆÌ½ÃÊLii˜Ê`ÕÀˆ˜}Ê>˜Þʜ̅iÀÊ
>«Ê½ÛiÊ`ÀˆÛi˜Ê…iÀi]ÊÜiÊ
ÕÃÌʏ>VŽÊivwÊVˆi˜VÞʜ˜Ê̅ˆÃÊ
ÌÞ«iʜvʅˆ}…‡Ã«ii`ÊVˆÀVՈ̰Ê
7i½ÀiʘœÌÊ«iÀvœÀ“ˆ˜}Ê>ÃÊ
ÜiÊŜՏ`ÊLi°»
-
, 1/
£\Îä°x™™
1
näÉ£
£ääÉ£
,,
"
" £\Σ°{Çn
{
,"-,
7-‡
"-7",/
£\Σ°nxÈ
£Ó
1
7‡-1,
£\Σ°ä™{
7,
7-‡
"-7",/
£\Σ°ÓÇÈ
7‡-1,
5XFMGUIGPS,VCJDBPOBEBZXIFO.JDIFMJOEJEOµUQBSUJDVMBSMZ
TIJOFSFQSFTFOUTBOBDDFQUBCMFUIPVHIMFTTUIBOTUFMMBS
SFUVSO)FJEGFMEBGUFSQSPGFTTJOHIJTMPWFGPSUIFDJSDVJU
EJECFUUFSJOOJOUI
£ä¯
,-*9,Ê£‡/"9"/
£\ÎΰÇxä
È
"", ",,‡,,,
£\ÎÓ°{äÓ
Ó£
-/"
-1*,Ê1,‡" £\ÎΰÈÈÈ
" /,"
£äääÉ£
£äääÉ£
9"/"
-1*,Ê1,‡" "Ê/
££
Ê,Ê-
1
,
/"9"/
£\ә°™n™
£È
" -"
, 1/
£\Îä°ÎÇ£
,-
1//"
" £\Î䰙™Ó
-*9,
4JYUFFOUIBOETUGPSUIF4QZLFSTXJUI"MCFSTMFBEJOH
UIFXBZ5IFPSBOHFMJWFSJFEDBSIBTCFFOHFUUJOHCFUUFSJO
UIFTFDPOEIBMGPGUIJTTFBTPOBOEHFUUJOHPOFDBSUISPVHI
JOUPUIFNJEEMFTFTTJPOJTCFDPNJOHBIBCJU
£ä¯
7‡-1,
£\Σ°x£Î
È
," , ‡,
£\Îä°nÓÇ
£™
ÊÊ,"-
, ‡,
£\Σ°Óx{
-*
xääÉ£
xääÉ£
"1/,
,,‡,,,
£\ÎÓ°ÓxÓ
££
1)050446550/*."(&4$07&31)050.41#(03:4
£x
Ê
1<<
Ê"Ê7",
4DPUU4QFFETUBSUTBMPXMZUICVU5POJP-JV[[JDBSSJFE
UIFGMBHGPS5PSP3PTTPRVBMJGZJOHJOUI5IFQMBDJOHJTOµU
FOPSNPVTMZTJHOJGJDBOUCVUCFBUJOHUIFTFOJPSUFBNDFSUBJOMZ
JTGPSUIF3FE#VMMKVOJPST
ί
,"
Ó
ÊÊÊÊÊÊÊÊÊÊÊ
ÊÊÊÊ
Ê
ÓÓ
Ê, 1/
9"/"
ÓäääÉ£
ÓäääÉ£
"Ê
{
"
Óä
"Ê Ê/Ê/"9
-/"
,
5IF4VQFS"HVSJTNJHIUFYQFDUUPTUBSUGSPNUIFCBDLCVU
:BNBNPUPSPMMJOHUPBIBMUCFGPSFTFUUJOHBUJNFXBTOPU
UIFRVBMJGZJOHTFTTJPOUIBUUIFQBSUJTBODSPXESFBMMZXBOUFE
UPTFF
iëˆÌiʓՏ̈«iÊ«œiÊ«œÃˆÌˆœ˜ÃÊ
vœÀʈ“ˆÊ,>ˆŽŽœ˜i˜]ÊV>Ài˜Ê
Ài>Þʅ>Ûi˜½ÌÊLii˜Êˆ˜Ê
Vœ˜Ìi˜Ìˆœ˜Ê̅ˆÃÊÃi>ܘ°Ê
"VV>Ȝ˜>Þ]Ê̅iˆÀÊ
«iÀvœÀ“>˜Viʅ>ÃÊÀ>ˆÃi`ʅœ«iÃÊ
œvÊ>ÊÀiVœÛiÀÞ]ÊLÕÌÊÞiÃÌiÀ`>ÞÊ
̅iÞʅˆÌÊÀœVŽÊLœÌ̜“Ê܈̅Ê
˜iˆÌ…iÀÊV>ÀÊ>««i>Àˆ˜}ʈ˜Ê̅iÊ
i˜`‡œv‡µÕ>ˆvވ˜}ÊŜœÌ‡œÕÌ°
ÊÊÊÊÊÊÊÊÊÊÊ
-/
/","Ê,"--" -1*,Ê1,
ÊӈiÃÊ>ÌÊiÀÀ>ÀˆÊÞiÃÌiÀ`>ÞÊ܈̅Ê̅iÊvÀœ˜ÌÊÀœÜÊ̈i`ÊÕ«Ê>˜`Ê
̅iÊ,i˜>ՏÌÃÊÃÌÕVŽÊLi…ˆ˜`Ê>Ê«>ˆÀʜvÊÀiÃÕÀ}i˜ÌÊ/œÞœÌ>ðÊÃʈÌÊ
>Ê>LœÕÌÊÌÞÀiÃ]Ê>Ãʅ>ÃÊLii˜ÊÃÕ}}iÃÌi`ÊLÞÊi>˜Ê/œ`̶ÊvÊÜ]Ê
̅iÊvÀœ˜ÌÊvœÕÀÊ>ÊLiˆ˜}ÊÀˆ`}iÃ̜˜i‡Ã…œ`ʓÕÃÌʓ>Žiʅ>««ÞÊ
Ài>`ˆ˜}ÊvœÀÊ̅iÊiÀÀ>ÀˆÊÌi>“Ê«Àˆ˜Vˆ«>°ÊÊ
1<<
-/,‡
"-7",/
£\Σ°™{Î
" -"Ê-Ê/ÊÊ/"Ê"
/Ê,
"7Ê7Ê-Ê/Ê-/,/
-*
-/,‡
"-7",/
£\ÎÓ°nÈÇ
1 ,Ê*,--1,
Ç
/Ê,Ê1/
,9Ê9Ê",Ê
,
_ i i k [ GHGB ] f ` W fW d B i k d ZWoB e Y je X [ h N B H F F L
"/
ÊÊÊ
6 /Ê-
1
W d W boi _ i
-1 9]Ê"
/",Ên]ÊÓääÈ
" /,"
-*9,Ê£‡/"9"/
£\ÎΰÇä™
-1 9]Ê"
/",Ên]ÊÓääÈ
Ê-
" Ê,"
W d W boi _ i
/Ê,Ê1/
/
È
n
/Ê,Ê1/
Xkbbvi[o[
-1 9]Ê"
/",Ên]ÊÓääÈ
-1 9]Ê"
/",Ên]ÊÓääÈ
Xkbbvi[o[
/Ê,Ê1/
™
/…iÊܜÀ`½ÃÊ
Lˆ}}iÃÌÊ.JDIBFMÊ
+BDLTPOGBO
5PNJUBTBOKVTU
MPWFEUPFNVMBUF
IJTIFSPCZTQFOEJOH
IPVSTJOB
QMBTUJDUFOU
º-œÊ̅ˆÃÊܜ“>˜ÊÜ>ŽÃÊJOUPBCBSXJUIIFSEPH8IJMFTIFµT
IBWJOHBESJOLUIFEPHXBOEFSTBDSPTTUPUIFQJBOPBOETUBSUT
UPQMBZUIF3BDINBOJOPGG1JBOP$PODFSUP*NNFEJBUFMZUIFPME
XPNBOCVSTUTJOUPUFBST´8IZBSFZPVDSZJOHXIFOZPVIBWF
TVDIBUBMFOUFEEPH µBTLTUIFCBSNBO´5BMFOUFE 5BMFOUFE µ
TPCTUIFXPNBO´5IBUEPHDPVMEIBWFCFFOBEPDUPSµ³
/…iÊ-Õ«iÀÊ}ÕÀˆÊ«ˆÌÊTUPQTÊTUJMM
MBDLFEBMJUUMFTPNFUIJOHJOUFSNTPG
TQFFEBTUIFTQJEFSTµXFCTUFTUJGJFE
i˜`Ê`œÜ˜Ê̜ÊvˆBDSBDLBOE
BOPUIFSBQQFBSTCFIJOEZPV
Ê7,**Ê1*
ÃÊÜiÊ«Ài«>ÀiÊ̜ÊLˆ`Ê>ÊÃ>`Êv>ÀiÜiÊ̜Ê-ÕâՎ>]Ê̅iÊՏ½ÃÊÞiÊ
«…œÌœ}À>«…iÀÃʘœÌˆVi`Ê̅>ÌÊ̅iʓi˜ÊvÀœ“Ê̅iÊ-Õ«iÀÊÝ«ÀiÃÃÊ-̜À>}iÊ
œ“«>˜ÞÊÃii“i`Ê̜ʅ>ÛiÊLii˜Ê>ʏˆÌ̏iʜÛiÀâi>œÕÃÊ܅i˜ÊˆÌÊV>“iÊ̜Ê
«>VŽˆ˜}ÊiÛiÀÞ̅ˆ˜}Ê>Ü>Þ°°°ÊœÀÊVœÕ`Ê̅iÀiÊLiÊ>˜œÌ…iÀÊiÝ«>˜>̈œ˜¶Ê
>Ài˜]Ê`>Àˆ˜}]Ê
œvÊVœÕÀÃi*
IBWFOµUGPSHPUUFO
ZPVSTQFDJBMEBZ*
FWFOBSSBOHFEUP
TFOEZPV©FS©
TPNFGMPXFST
/…iÀiÊÜ>ÃÊ>˜ÊiÝ«iVÌ>˜ÌIVTIGSPNUIFKPVSOBMJTUTBT5BLV
MPPLFEBUUIFTIPUTPG)FJEGFMEBOE,VCJDBPOUIFTDSFFO
8PVMEIFCFBCMFUPUFMMXIJDIXBTXIJDI
ÊÀ>Vˆ˜}Ê`ÀˆÛiÀ]Ê
>QSFUUZHJSMBOEB
IFMNFUNBLFVQ
ZPVSPXOSJTRVn
DBQUJPO
1)0504%11*46550/*."(&4$3*41*/5)36450/
º-œÊ̅ˆÃÊܜ“>˜ÊÜ>ŽÃÊJOUPBCBSXJUIIFSEPH8IJMF
TIFµTIBWJOHBESJOLUIFEPHXBOEFSTBDSPTTUPUIFQJBOPBOE
TUBSUTUPQMBZUIF3BDINBOJOPGG1JBOP$PODFSUP³8BEBTBO
MBVHITQPMJUFMZBMUIPVHI"OUIPOZJTDPOWJODFEUIFZIBEKVTU
IFBSEUIFTBNFKPLFBNPNFOUBHPVQBUUIF'FSSBSJHBSBHF
£ä
j^[h[Wbc[
/Ê,Ê1/
-1 9]Ê"
/",Ên]ÊÓääÈ
-1 9]Ê"
/",Ên]ÊÓääÈ
j^[h[Wbc[
/Ê,Ê1/
££
ÇÊ"Ê/"Ê1 "/<
£äÊ/ -Ê//ÊÊ-1<1
ÌÊÃii“ÃÊViÀÌ>ˆ˜Êœ˜`>‡œÜ˜i`Ê-ÕâՎ>Ê܈Ê}iÌÊ̅iÊ
yʈVŽÊvÀœ“Ê̅iÊ£ÊV>i˜`>ÀʘiÝÌÊÞi>À]ʅ>ۈ˜}ʏœÃÌʜÕÌÊ
̜Ê̅iÊӜœÌ…iÀÊV…>À“ÃÊ­>˜`Êv>ÌÌiÀÊÜ>i̮ʜvÊ/œÞœÌ>‡
œÜ˜i`ÊՍˆ°Ê-œÊÜiÊÃ>ÞʼÃ>ޜ˜>À>½Ê̜ʜ˜iʜvÊ̅iÊviÜÊ
Ài“>ˆ˜ˆ˜}ʼ}À>˜`ii½ÊVˆÀVՈÌÃʜ˜Ê̅iÊܜÀ`Ê̜ÕÀ°Êœ…˜Ê
Õ}i˜…œÌâ½ÃÊ{ä‡Þi>À‡œ`ÊÃܜœ«ˆ˜}ÊwÊ}ÕÀi‡œv‡iˆ}…ÌÊ
“>ÃÌiÀ«ˆiViʅœÃÌi`ʈÌÃÊwÊÀÃÌÊ*ʈ˜Ê£™nÇÊ܅i˜ÊˆÌÊܜ˜Ê
œÕÀʅi>ÀÌÃÊ܈̅ÊÃÕV…ÊÌÀi>ÌÃÊ>ÃÊ̅iÊÃÃiÃ]Ê-«œœ˜]Ê
£Îä,Ê>˜`Ê̅iÊi}˜iÀÊVÕÀÛiðÊ/…iÊ«ˆÌÊ>˜`Ê«>``œVŽÊ
>Ài>ʓ>ÞÊLiÊ>ÊVœ˜VÀiÌiÊL՘ŽiÀ]ÊLÕÌÊ̅ÀˆÊˆ˜ÃÌi>`Ê̜Ê
̅iʓ>˜ÞʍœÞÃʜvviÀi`ÊLÞÊ̅ˆÃÊ`>``ÞʜvÊ£ÊÌÀ>VŽÃ°
1 --°°°
Ìʓ>ÞÊLiʜÕÀʏ>ÃÌÊۈÈÌÊ̜Ê̅ˆÃÊÌi“«iʜvÊ>«>˜iÃiÊÀ>Vˆ˜}Ê>˜`Ê
Üi½ÀiÊÀi>ÞÊÃ>`Ê̜ÊLiʏi>ۈ˜}°ÊiÀi½ÃÊ܅Þo
{Ê9"1Ê" 9Ê/Ê Ê¼""½Ê
7/Ê/9*""
œ>ÃÌ>Ê-ÕâՎ>Êv>ÃÊۈV̈“Ê̜Ê̅iÊ
Û>}>ÀˆiÃʜvʓiÌiœÀœœ}ˆV>Ê
yÊÕVÌÕ>̈œ˜ÊˆŽiÊviÜʜ̅iÀÊVˆÀVՈÌÃÊ
œ˜Ê̅iʜÀ“Տ>Ê"˜iÊV>i˜`>À°Ê,>ˆ˜Ê
>“œÃÌÊ>Ü>ÞÃʅ>ÃÊ>Ê«>ÀÌÊ̜ʫ>Þʈ˜Ê
̅iÊÜiiŽi˜`½ÃÊ«ÀœVii`ˆ˜}ÃÊ>˜`Ê
ÌܜÊÞi>ÀÃÊ>}œÊ˜œÌ…ˆ˜}ʏiÃÃÊ̅>˜Ê
>ÊvՏ‡LœÜ˜ÊÌÀœ«ˆV>ÊÃ̜À“Ê
̅Ài>Ìi˜i`Ê̜Ê`ˆÃÀÕ«ÌÊ̅iÊ܅œiÊ
iÛi˜Ì°Ê/Þ«…œœ˜ÊÓÓÊÀˆ««i`Ê«>ÃÌʜ˜Ê
̅iÊÀˆ`>ÞʜvÊ̅iÊÀ>ViÊÜiiŽi˜`]Ê
L>ÀiÞÊÓäʓˆiÃÊvÀœ“Ê̅iÊÌÀ>VŽ]Ê
ÃÜ>“«ˆ˜}Ê̅iʏ>˜`Ê՘`iÀÊ>Êyʜœ`Ê
œvÊ*>VˆwÊVÊÀ>ˆ˜Ü>ÌiÀÊ>˜`ÊvœÀVˆ˜}Ê
̅iÊV>˜Vi>̈œ˜ÊœvÊ>˜ÞÊ->ÌÕÀ`>ÞÊ
À՘˜ˆ˜}ÊqÊ>Ì…œÕ}…]ÊvœÀÌ՘>ÌiÞ]Ê
˜œÌÊ̅iÊÀ>ViʈÌÃiv°
£Ê-"7"7 Ê
"7"7 t
ÊV…>“«Ê…>ÃÊLii˜ÊVÀœÜ˜i`Ê
>ÌÊ£äʜvÊ-ÕâՎ>½ÃÊ£™Ê*Ã\Ê
£™nLJ½™£]ʽ™È]ʽ™n‡Óäää]Ê>˜`Ê
½äή°ÊˆÛiʜvÊ̅œÃiÊÜiÀiÊ>ÃÊ
V>i˜`>ÀÊVˆ“>ÝiðÊ/…iÊwÊÀÃÌÊ
-ÕâՎ>Ê>«>˜iÃiÊ*]ʈ˜Ê½nÇ]Ê
ÃiÌÊ̅iÊ̜˜i\Ê ˆ}iÊ>˜ÃiÊ
Üi˜ÌÊyÊވ˜}ʈ˜ÌœÊ̅iÊL>ÀÀˆiÀÃʈ˜Ê
«À>V̈Vi]Ê«ÕÌ̈˜}ʅˆÃÊL>VŽÊœÕÌÊ
>˜`ʅ>˜`ˆ˜}Ê̅iÊ̈̏iÊ̜ÊÌi>“‡
“>ÌiÊ>˜`ʘi“iÈÃÊ iÃœ˜Ê
*ˆµÕiÌ°Ê œÊ؈}}iÀˆ˜}Ê>ÌÊ̅iÊ
L>VŽ]Ê«i>Ãi°Ê
nÊ,½-Ê-/Ê
,
1/Ê
ÈÊÊ/Ê1 Ê"Ê/Ê,
-ÕâՎ>ʈÃÊ̅iʜ˜Þʜ˜iʜvÊ£½ÃÊ£nÊVÕÀÀi˜ÌÊÛi˜ÕiÃÊ
̜ʅœÕÃiʈÌÃʜܘÊv՘v>ˆÀ°Ê-ÕâՎ>½ÃʼœÌœ«ˆ>½Ê
«ÀœÛˆ`iÃÊ>Ê«…œÌœ}i˜ˆVÊL>VŽ`Àœ«Ê̜Ê̅iʜ̅iÀ܈ÃiÊ
vi>ÌÕÀiiÃÃʏˆ}…Ìʈ˜`ÕÃÌÀˆ>Ê>˜`ÃV>«iʘi>ÀLÞ]Ê>ÃÊ
ÜiÊ>ÃÊ}ˆÛˆ˜}ÊÕÃÊ>˜Êœ««œÀÌ՘ˆÌÞÊ̜ʅ>ÛiÊ>ÊLˆÌʜvÊ>˜Ê
>ÌiÀ˜>̈Ûiʘˆ}…ÌʜÕÌÊvÀœ“Ê̅iÊÀi}Տ>ÀÊLiiÀÃÉ`ˆ˜˜iÀÉ
Li`ÊÀœṎ˜i°Êœ˜`>½ÃÊ ˆVŽÊÀÞÊÀi«œÀÌi`ÞÊ̜œŽÊÈÝÊ
Vœ˜ÃiVṎÛiÊÀˆ`iÃʜ˜ÊœÌœ«ˆ>½ÃÊiۈÊLˆ}Ê`ˆ««iÀʏ>ÃÌÊ
Þi>À°Êiˆ˜}ÊÌi>“ÊLœÃÃÊ>Ìʜ˜`>Ê>Ü>ÞÃʅ>ÃʈÌÃÊÕ«Ê
>˜`Ê`œÜ˜Ã]Êi…]Ê ˆVŽ¶Ê­-œÀÀÞÊqÊi`°®Ê
˜œÌ…iÀÊÀi>ܘÊ̜ʏœÛiÊ-ÕâՎ>Ê
ˆÃÊ̅>ÌÊ,>vÊ-V…Õ“>V…iÀÊ
ˆ˜Û>Àˆ>LÞʓ>˜>}iÃÊ̜ʏœœŽÊ
ˆŽiÊ>ÊÀ>Vˆ˜}Ê`ÀˆÛiÀÊ̅iÀiÊ­œvÌi˜Ê
vœÀÊ̅iʜ˜ÞÊ̈“iʈ˜Ê>ÊÃi>ܘ®°Ê
iʏi>À˜i`ʅˆÃÊÜ>ÞÊ>ÀœÕ˜`Ê
-ÕâՎ>½ÃÊÌ܈ÃÌÃʈ˜Ê£™™È]ÊÀ>Vˆ˜}Ê
ˆ˜Ê>«>˜iÃiÊÎäääÊ>˜`Ê/ÃÆÊ
>ÃÌÊÞi>ÀʅiÊ̜œŽÊ/œÞœÌ>½ÃÊwÊÀÃÌÊ
«œiÊ«œÃˆÌˆœ˜Ê>˜`Ê«Õ}}i`ʜ˜Ê
̜Êiˆ}…Ì…Ê«>ViÊ>ÌÊyÊ>}v>°ÊÕÌÊ
…iʅ>Ãʜ˜Þʜ˜ViÊÃ̜œ`ʜ˜Ê̅iÊ
«œ`ˆÕ“]ʈ˜ÊÓää{]Ê܅i˜Ê…iÊÜ>ÃÊ
ÃiVœ˜`ÊLi…ˆ˜`ʅˆÃÊLˆ}ÊLÀœ½ÊqÊ
ˆV…>i½ÃÊÃiÛi˜Ì…Ê-ÕâՎ>Ê܈˜°Ê
™Êo "‡" Ê -Ê
9"1,Ê
``ˆiÊÀۈ˜i]Ê܅œÊ“>`iʅˆÃÊ
˜>“iÊ­>˜`Ê>ʏœ>`ʜvÊV>Å®Ê
À>Vˆ˜}ʈ˜Ê>«>˜ÊvÀœ“Ê£™™£‡Ê
½™Ó]Ê`ˆÃVœÛiÀi`Ê̅iÊ
Ài“>ÀŽ>LiÊiÝÌi˜ÌʜvÊ>«>˜½ÃÊ
«œˆÌi˜iÃðÊ>ۈ˜}ÊÕÃi`Ê>Ê
«ÕŇLˆŽiÊ̜ÊÅÕÌ̏iʅˆ“ÃivÊ
>ÀœÕ˜`ÊLiÌÜii˜Ê«>``œVŽÊ
>˜`ÊVˆÀVՈÌʅœÌi]ʅiʏivÌʈÌÊ
՘V…>ˆ˜i`ʜÕÌÈ`iÊ̅iʅœÌiÊ
}>ÌiÃÊ>ÌÊ̅iÊi˜`ʜvÊ̅iÊ
ÜiiŽi˜`°Ê7…i˜Ê…iÊÀiÌÕÀ˜i`Ê
>ÊÞi>Àʏ>ÌiÀ]ʈÌÊÜ>ÃÊÃ̈Ê̅iÀi°Ê
->“iÊ>}>ˆ˜Ê>ÊÞi>Àʏ>ÌiÀ]Ê>˜`Ê
̅iÊÞi>ÀÊ>vÌiÀÊ̅>ÌoÊ
ÓÊ7",Ê
*Ê7*"1/-ÕâՎ>Ê£™n™Ê>˜`ʽ™äÊqÊ-i˜˜>ÊÛÃÊ*ÀœÃÌÊ
ÀœÕ˜`Ãʜ˜iÊ>˜`ÊÌܜ\ÊV…>«ÌiÀÃÊÃVœÀV…i`Ê
ˆ˜ÌœÊ̅iʣʅˆÃ̜ÀÞÊLœœŽ°Ê˜`Ê܈̅ÊÌܜÊ
V…>“«ÃÊ̅ˆÃÊÞi>ÀÊ}œˆ˜}ÊV…ˆ˜Ê̜ʭψ}…̏ÞÊ
Lˆ}}iÀ®ÊV…ˆ˜ÊvœÀÊ̅iÊ̈̏i]Ê܅œ½ÃÊ̜ÊÃ>ÞÊ
>ÊV>ÅʜvÊ܅iiÃÊܜ˜½Ìʜ˜ViÊ>}>ˆ˜Ê
`iVˆ`iÊ̅iÊÀiÃՏÌʜvÊ̅iÊ>«>˜iÃiÊ*Ê
qÊ>˜`Ê̅iÊV…>“«ˆœ˜Ã…ˆ«¶ÊvÊޜÕÀÊiÞiÃÊ
>Ài˜½ÌÊÜi`i`Ê̜ʏ>«Êœ˜i]Ê/£]ʜÀÊ̜Ê̅iÊ
/£ÈÊV…ˆV>˜i]ÊޜսÀiÊ«ÀœL>LÞʘœÌÊ>ˆÛi°
xÊ// Ê/Ê,"
œÀÊ̅iÊwÊÀÃÌÊ̈“iÊȘViÊ̅iÊ«ÀœwʏiʜvÊ
-ÕâՎ>½Ãʏi}i˜`>ÀÞÊyÊ>̇œÕÌ]ʅÕ}i‡Vœœ˜iÃÊ
£Îä,ÊVœÀ˜iÀÊÜ>ÃÊÌÜi>Ži`ÊvœÀÊÓääÎ]ʈ̽ÃÊ
}œˆ˜}Ê̜ÊLiÊyÊ>̇Lœœ`އV…>ÌÊ>}>ˆ˜Ê̅ˆÃÊ
Þi>À°ÊÜ>ÞÃʜ˜iʜvÊ£½ÃÊLˆ}}iÃÌÊ
V…>i˜}iÃ]ʈÌÊ܈ÊLiÊÌ>Ži˜Ê>ÌÊ£™ä‡«ÕÃÊ
“«…]ʈ˜ÊÈÝ̅Ê}i>À]Ê܈̅ÊVœÀ˜iÀˆ˜}ÊvœÀViÃÊ
œvʓœÀiÊ̅>˜ÊvœÕÀÊ°ÊÌÊÜ>ÃʅiÀi]Ê`œ˜½ÌÊ
vœÀ}iÌ]Ê̅>Ìʏœ˜ÃœÊ«ÕÌÊ̅iʓœÛiʜvÊ̅iÊ
Þi>Àʜ˜Ê-V…Õ“>V…iÀ]Ê`ÕÀˆ˜}Ê>ÊÃÌ՘˜ˆ˜}Ê
V…>À}iÊ̜Ê̅ˆÀ`Ê«>Viʈ˜ÊÓääx°Ê/…ˆÃÊÞi>À]Ê
܈̅ÊLœÌ…ʈ˜Ê˜i>À‡>Ç`>““ˆÌÊiµÕ>ÊV>ÀÃ]Ê
܅œ½Ê܈˜Ê̅iÊÌiÃÌʜvÊ܈ÃÊ̅ÀœÕ}…Ê£½ÃÊ
“œÃÌʎ˜ˆvi‡i`}iÊVÕÀÛi¶Ê
,œ˜Êi˜˜ˆÃʅ>ÃʓˆÝi`ʓi“œÀˆiÃʜvÊ-ÕâՎ>°Ê
>VŽÊˆ˜Ê̅iÊi>ÀÞʽ™äÃʅiÊ`iVˆ`i`Ê̜ÊÀ՘ÊܓiÊ
`i“œÊ>«Ãʈ˜ÊV>Ài˜½ÃÊLi>ṎvՏʣÊÀœ>`ÊV>À°Ê
7ˆÌ…ÊiÀ…>À`ÊiÀ}iÀÊ>œ˜}È`i]ʅiÊÃiÌʜvvoÊ>˜`Ê
}œÌÊ>ÃÊv>ÀÊ>ÃÊ̅iÊi˜`ʜvÊ̅iÊÃÃiÃÊLivœÀiÊÃÌ>VŽˆ˜}Ê
̅iÊfxää]äääÊ}i“°Ê/ÕÀ˜ˆ˜}Ê̜ÊiÀ}iÀʈ˜Ê̅iÊ
ӜŽˆ˜}ÊVœVŽ«ˆÌ]Êi˜˜ˆÃʈ˜Ìœ˜i`\ʺiÀ…>À`]ÊޜÕÊ
“ÕÃÌÊ«Àœ“ˆÃiʘiÛiÀÊ̜ÊÌiÊ>˜Þœ˜iÊ>LœÕÌÊ̅ˆÃ°»Ê
º-ÕÀi]Ê,œ˜]»ÊiÀ}iÀÊÀi«ˆi`]ÊLivœÀiÊÃV>“«iÀˆ˜}Ê
L>VŽÊ̜Ê̅iÊ«>``œVŽÊ̜ÊÀiÛi>Ê…œÜʅˆÃÊLœÃÃÊ`ÀœÛiÊ
ºˆŽiÊ>˜Êii«…>˜Ìʈ˜Ê7iˆ˜}̜˜ÊLœœÌð»
£äÊ/Ê"Ê
Ê
/…iʈ˜v>“œÕÃʜ}Ê
>Lˆ˜Ê܈Ê̅ˆÃÊÞi>ÀÊLˆ`Ê>Ê
vœ˜`Êv>ÀiÜiÊ̜ʜ˜iʜvʈÌÃʓœÃÌÊ>À`i˜ÌÊ>`“ˆÀiÀÃ\Ê
ˆV…>iÊ-V…Õ“>V…iÀ°Ê-iÛi˜Ê̈“iÃʈV…>iÊ
…>ÃÊViiLÀ>Ìi`Ê£Ê܈˜ÃÊ܈̅ˆ˜ÊˆÌÃʎ>À>œŽi‡
ˆ˜vÕÃi`ÊÜ>Ã°Ê/ܜÊÞi>ÀÃÊ>}œ]ʅiÊV>ÕÃi`Ê>ÊLˆÌÊ
œvÊ>ÊÃ̈ÀÊLÞÊÀˆ««ˆ˜}ʜvvʅˆÃÊLÀœÌ…iÀ½ÃÊ/œÞœÌ>ÊňÀÌÊ
>˜`ÊÀ>“«>}ˆ˜}ʜÕÌʈ˜ÊÃi>ÀV…ÊœvÊܓi̅ˆ˜}Ê̜Ê
`ÀˆÛi]ÊLivœÀiÊܓiœ˜iÊÀi“ˆ˜`i`ʅˆ“ʈÌÊ«iÀ…>«ÃÊ
Ü>ؽÌÊ̅iÊ̅ˆ˜}ÊvœÀÊ>ʘi܏އVÀœÜ˜i`ÊܜÀ`Ê
V…>“«Ê̜ÊLiÊ`œˆ˜}°Ê-œÊ…iÊÜi˜ÌʜvvÊ>˜`ÊvœÕ˜`Ê>Ê
vœÀŽ‡ˆvÌÊÌÀÕVŽÊ̜ÊV…>À}iÊ>ÀœÕ˜`ʈ˜Êˆ˜ÃÌi>`°
1)0504(&55:*."(&446550/*."(&45)0."4#65-&3
ÎÊ£Îä,Ê/Ê t
£Ó
cW]_Ycec[dji
/Ê,Ê1/
£
-1 9]Ê"
/",Ên]ÊÓääÈ
-1 9]Ê"
/",Ên]ÊÓääÈ
cW]_Ycec[dji
/Ê,Ê1/
£Î
£Ê-Ê/Ê
,-Ê,ÊGPSUIF
-B$BJYBMFGUIBOEFS3BMGTIPUEPXOIJT
CSPUIFSµTQPSUTJEFCSVTIJOHBDSPTT
UIFTBOEZWFSHFBTUIFZFOUFSFEUIFDPSOFS
)FIFMEPOFEHJOHIJT8JMMJBNT#.8µT
OPTFBIFBEPGUIF'FSSBSJ
ˆV…>iÊ-V…Õ“>V…iÀʏi`ÊvÀœ“Ê«œiÊ«œÃˆÌˆœ˜]Ê
“>ˆ˜Ì>ˆ˜ˆ˜}ʅˆÃÊ>`Û>˜Ì>}iÊiÛi˜Ê>vÌiÀʅiÊ
À>˜ÊœÛiÀÊÀivÕiiÀÊ ˆ}iÊ-Ìi«˜iÞÊ`ÕÀˆ˜}ʅˆÃÊ
«ˆÌÃ̜«Êœ˜Ê>«ÊÓ{°Ê#VUPOMBQIFSFUVSOFEUP
UIFQJUTKVTUBIFBEPG.JLB)BLLJOFO
#VUXIJMFUIF'JOOµTTUPQXBTGMBXMFTTUIF'FSSBSJ
DSFXHPUJUXSPOHBOE.JDIBFMXBTTUBUJPOBSZ
GPSBOFYUSBTFDPOET0ODFIFSFKPJOFEUIF
USBDLJUXBTDMFBSIFIBEBQSPCMFN
5IFMFGUSFBSUZSFIBEOµUCFFOGJUUFEQSPQFSMZBOE
BJSXBTMFBLJOHPVU%BWJE$PVMUIBSEHPUQBTU
CFGPSF3BMG4DIVNBDIFSBOE3VCFOT#BSSJDIFMMP
GJMMFE.JDIBFMµTNJSSPST
ÓÊ7Ê/ Ê",Ê/,
/" Ê
POUIFEVTUZUBSNBD#BSSJDIFMMPQPTJUJPOFE
IJTDBSEJSFDUMZJOUIFTMJQTUSFBNPG
UIFTJEFCZTJEF4DIVNBDIFST3BMGGPVOE
IJNTFMGPOUIFPVUTJEFGPSUIFBQQSPBDIJOH
SJHIUIBOECFOEBOEEFTQJUFIJTUZSF
QSPCMFN.JDIBFMXBTOµUSPMMJOHPWFS
Ó
ÎÊ-Ê/Ê*,Ê/1, ÊSJHIU.JDIBFM
ESJGUFEUPUIFDFOUSFPGUIFUSBDL
)JTUBSNBDSVOOJOHPVUBOEUIFBOHMF
PGUIFDPSOFSTJHOJGJDBOUMZJODSFBTFE
3BMGXBTGPSDFEUPMJGU
Î
,
1/ÊÊ
/1 9]Ê9ÊÇ]ÊÓäää°Ê*Êxä
/…iÊ,i`ÊՏï˜ÊœœŽÃÊL>VŽÊ>ÌÊiÛi˜ÌÃÊ܅ˆV…ÊV>Õ}…ÌʜÕÀÊ>ÌÌi˜Ìˆœ˜°Ê/…iÊ-V…Õ“>V…iÀÃÊ
«ÀœÛiÊ̅>ÌÊLÀœÌ…iÀÞʏœÛiʜ˜ÞÊ}œiÃÊÜÊv>ÀÊ܅i˜Ê̅iÀiÊ>ÀiÊ«œˆ˜ÌÃÊ̜ʫ>ÞÊvœÀ°Ê
/…iÊ-«>˜ˆÃ…ÊÀ>˜`Ê*ÀˆÝʜvÊÓäääÊ`i“œ˜ÃÌÀ>Ìi`Ê̅>ÌʈV…>i½ÃÊÀi>Êv>“ˆÞʈÃÊ̅iÊ-VÕ`iÀˆ>o
{
*--6453"5*0/)&3**3"8"/
¼Ê/Ê"/Ê/Ê Ê/,Ê
/,ÊÊ/"Ê-/*Ê ½
{Ê/Ê7-Ê/Ê//Ê" /UIBU.JDIBFMµT
UFBNNBUF3VCFOTDVUJOUPUIFDPSOFSUJHIU
BOETXFQUUISPVHIJOUPUIFQPEJVNQPTJUJPO
ˆV…>iÊ-V…“ˆ`ÌÊ­£ÊœÕÀ˜>ˆÃÌ®\ʲ3BMGXBT
QJTTFEPGG5IFUXPCSPUIFSTNFUBGUFSUIF
SBDFJO,BSM)FJO[;JNNFSNBOµTNPUPSIPNF
3BMGDPNQMBJOFEUIBUTVGGFSJOHGSPNBQVODUVSF
.JDIBFMXBTOµUBMMPXFEUPCMPDLIJN.JDIBFM
TBJEIFEJEOµUTFF#BSSJDIFMMPBOEUIBUIF
XBTGJHIUJOHGBJSMZGPSQPTJUJPOBTUIFSFXFSF
OPCMVFGMBHT*UHPUIFBUFEBOEUIFJSGBUIFS
3PMGIBEUPTUFQJOBOEDBMNUIFNEPXO³
,>vÊ-V…Õ“>V…iÀÊ­7ˆˆ>“Ç7Ê`ÀˆÛiÀ®\Ê
².JDIBFMXBTWFSZTMPXBOE*USJFEUPPWFSUBLF
IJNPOUIFPVUTJEF)FUPMENFBGUFSUIF
SBDFUIBUIFEJEOµUNBLFUIFBQFYCFDBVTF
IJTUZSFXBTGMBU8IFUIFSUIBUµTUSVFPSOPU
*EPOµULOPX*XBTOPUCFTUQMFBTFECFDBVTF
*IBECFFOPODPVSTFGPSBQPEJVN³
£{
/Ê,Ê1/
X[bb[ie\j^[Xkbbi
-1<1Ê
-/,-Ê
"˜iʜvÊ̅iÊ1˜>ýÊÌ>ÎÃʈÃÊ̜ÊÀiVœÀ`Ê̅iˆÀÊ
ÜiiŽi˜`ʜ˜ÊV>“iÀ>°Ê˜`Ê̅iʏœÛiÞʏ>`ˆiÃʜvÊ
>«>˜Ê`ˆ`ÊÕÃÊ«ÀœÕ`°ÊiÀiʈÃÊ܅>ÌÊ̅iÞÊÜiÀiÊ
Õ«Ê̜Ê܅ˆiÊޜÕÊÜiÀiÊ>ÌÊܜÀŽoÊÊ
-1 9]Ê"
/",Ên]ÊÓääÈ
-1 9]Ê"
/",Ên]ÊÓääÈ
X[bb[ie\j^[Xkbbi
/Ê,Ê1/
£x
£È
_dj[hl_[m
/Ê,Ê1/
7,
Ê,Ê1Ê
/Ê
-/Ê7
1 ,,
Ê /"Ê/Ê-*",/]Ê
RZORI:HHWDEL[
[EÊ"
½/Ê/
œÀ“Տ>Ê
«œÀÌ>˜Ìʈ˜ÊÊ
}ʈÃÊÛiÀÞʈ“
ˆ“ˆ˜
º°°°Ì
>ÞÊ
À]Êʓ
ÊÞi>
½`ÊÜ>ˆÌi`Ê>˜œÌ…iÀ
"˜i°ÊvÊ
9"9Ê,-Ê
°°°»Ê
˜Vi
ÊV…>
˜iÛiÀʅ>ÛiÊ}œÌÊ̅i
"7Ê/"1-Ê
ZLIUXLW
á.L/9Ê7,
œÀÊ̅iÊwÊÀÃÌÊ
º°°°ˆ˜Ê£™ÇÈÊ£ÊV>“iÊ̜Ê>«>˜Êv
i>̅iÀÊÜ>ÃÊ
̈“iÊ>˜`ÊÀ>Vi`Ê>ÌÊՍˆ°Ê/…iÊÜ
ÊÌiÀÀˆLi]ÊLÕÌÊ
iÀi
ÃÊÜ
ˆÌˆœ˜
œ˜`
…iÊV
>ÜvՏÊ>˜`ÊÌ
œÕð°°»
ÀÛi
Liˆ˜}ʈ˜Ê̅iÊVÀœÜ`ÊÜ>Ãʓ>
»
JJV
[VFUDPEOHGHÜ°Ê
Ê`œ˜½Ìʎ˜œÜÊ
º°°°ˆÌ½ÃÊÜ>ÀʜÕÌÊ̅iÀiʘœ
ÞÊ«iœ«iÊ
…œÜʓÕV…Ê“œ˜iÞÊ>˜`ʅœÜʓ>˜
ʏœÌ°°°»
½ÃÊ>
ÕÌʈÌ
Ã]ÊL
Àʅ>
i>V…Ê“>˜Õv>VÌÕÀi
[\RJKXUW
ʈÌÊ
º°°°“ÞÊÌi>“ʈÃÊÛiÀÞÊ«ÀˆÛ>ÌiÊ>˜`
ˆÃÊȓ«iÀ°°°»
WHD
[FXSRIJUHHQiÊÕÀ
}iÊ̜ÊÌ>Žiʜ˜iÊ
º°°°Ãœ“ï“iÃÊÊ}iÌÊ̅
œvʓÞÊ£ÊV>ÀÃʜÕÌÊvœÀÊ>Ê`ÀˆÛi°°°»
ÌÀ>ˆ}…ÌÊ>vÌiÀÊ*>ՏÊ-̜``>ÀÌÊ>˜˜œÕ˜Vi`Ê̅iÊÃ>iÊ
œvʈ˜>À`ˆ]Ê̅iÊ«ÀiÛ>i˜ÌÊÃi˜Ìˆ“i˜ÌÊvÀœ“Ê̅iÊ
«>``œVŽ½Ãʘœ˜‡>ˆ}˜i`ÊÜ>ÃʼÜÊ܅œÊ`œÊÊV…iiÀÊ
vœÀʘœÜ¶½Ê/…>ÌÊÜ>ÃÊ>ÌÊ-«>]ʏ>ÃÌÊÃi>ܘ°Ê/ܜÊ
À>ViÃʏ>ÌiÀ]ʅiÀi]Ê>««Àœ«Àˆ>ÌiÞ]Ê>ÌÊ-ÕâՎ>]Ê
̅iÀiÊÜ>ÃÊ>˜Ê>˜ÃÜiÀʜÀÊ>Ìʏi>ÃÌÊ̅iÊÀՓœÕÀʜvÊ
>˜Ê>˜ÃÜiÀ\Ê>ÀˆÃiÊ}ÕÀˆÊ-ÕâՎˆ]ÊV…>“«ˆœ˜ÊœvÊ
՘`iÀ`œ}ÃÊiÛiÀÞ܅iÀi°Ê
}ÕÀˆÊ-ÕâՎˆ\Ê-Õ«iÀÊ}ÕÀˆ°Ê̅iʘ>“iÃÊ
Ãii“ʈ˜ÌiÀV…>˜}i>LiÊ>˜`ʓœÀiÊ̅>˜Êœ˜iÊ
«iÀܘÊLi}>˜Ê̅iÊÃi>ܘÊ>VVˆ`i˜Ì>ÞÊÀiviÀÀˆ˜}Ê
̜Ê-Õ«iÀÊ}ÕÀˆ]ÊÌi>“Ê«Àˆ˜Vˆ«>ÊœvÊ}ÕÀˆÊ-ÕâՎˆ‡
œ˜`>°ÊÛi˜ÊÀ>˜ŽÊ7ˆˆ>“ÃʈؽÌÊ>ÃÜVˆ>Ìi`Ê
ÜÊVœÃiÞÊ܈̅Ê̅iÊÌi>“Ê…iÊvœÕ˜`i`°Ê}ÕÀˆ½ÃÊ
>ÀLœÀœÊi˜Ì…œÃʅ>ÛiÊÀi«>Vi`Ê-̜``>À̽ÃÊ
EÊ-Õ«iÀŽˆ˜}Ã]ÊLÕÌÊ̅iÊÃi˜ÃiÊÀi“>ˆ˜ÃÊ̅>ÌÊ
>ÊÌi>“Ê>ÌÊ̅iÊL>VŽÊœvÊ̅iÊ}Àˆ`ÊV>˜ÊLiÊ
“>ˆ˜Ì>ˆ˜i`ÊLÞÊÅiiÀÊvœÀViʜvÊ܈°Ê
Ìʜ˜â>]Ê}ÕÀˆÊViiLÀ>Ìi`Ê>ÊLˆÀ̅`>Þ\Ê
º/…ˆÀÌއiˆ}…ÌÊ̜`>Þ]»Ê…iÊ`i>`«>˜Ã]ÊLivœÀiÊ
}Àˆ˜˜ˆ˜}°Êº"]Ê{È°»ÊÌʈؽÌÊ̅iʜ˜ÞÊ>˜˜ˆÛiÀÃ>ÀÞÊ
…iÊÜ>ÃÊViiLÀ>̈˜}\ʺ7iÊ>˜˜œÕ˜Vi`Ê̅iÊ£Ê
Ìi>“ʈ˜Ê œÛi“LiÀ]ÊLÕÌÊ̅iÊ`iVˆÃˆœ˜ÊÜ>ÃÊÌ>Ži˜Ê
ˆ˜Ê-i«Ìi“LiÀ°Ê½`ʅ>`Ê`ˆÃVÕÃȜ˜ÃÊLivœÀiÊ̅>Ì]Ê
LÕÌʈÌÊÜ>ÃÊ-i«Ìi“LiÀÊ܅i˜Êʓ>`iÊ̅iÊ
`iVˆÃˆœ˜Ê¼"]Ê̅ˆÃʈÃÊ}œˆ˜}Ê̜ʅ>««i˜½°
º/ˆ“ˆ˜}ʈÃÊÛiÀÞʈ“«œÀÌ>˜Ìʈ˜ÊœÀ“Տ>Ê"˜i°Ê
vʽ`ÊÜ>ˆÌi`Ê>˜œÌ…iÀÊÞi>À]Êʓˆ}…ÌʘiÛiÀʅ>ÛiÊ
}œÌÊ̅iÊV…>˜Vi°Ê9œÕʅ>ÛiÊ̜ÊÌ>ŽiÊ̅iÊ
œ««œÀÌ՘ˆÌˆiÃÊ«ÀiÃi˜Ìi`Ê̜Êޜհ»
}ÕÀˆÊ…>ÃÊLii˜ÊÀ>Vˆ˜}ÊvœÀÊÎÈʜvʅˆÃÊ{ÈÊÞi>ÀÃ]Ê
…>ۈ˜}ÊÃÌ>ÀÌi`ʎ>À̈˜}Ê>}i`Ê£ä°ÊˆÃÊv>“ˆÞʅœ“iÊ
˜i>ÀÊ/œŽÞœÊ…>`Ê̅iÊ>`Û>˜Ì>}iʜvÊLiˆ˜}ʘi>ÀÊ>Ê
Ž>À̈˜}ÊÌÀ>VŽÊ>˜`Ê}ÕÀˆÊLiV>“iÊ>˜Ê>vÌiÀ‡ÃV…œœÊ
Ài}Տ>À°Êº˜Ê̅iÊLi}ˆ˜˜ˆ˜}]ʓÞÊv>̅iÀʓ>`iʓiÊ
>Ê}œ‡Ž>ÀÌ\ʈÌÊÜ>ÃÊ̅iÊÃÌ>ÀÌʜvʓÞʓœÌœÀëœÀÌÃÊ
V>ÀiiÀ°ÊÌʓ>ŽiÃʓiÊӈiÊ̜Ê̅ˆ˜ŽÊ½“ÊÃ̈Ê
}œˆ˜}ÊqÊ>˜`Ê̅>ÌʽÛiʓ>`iʈÌÊ̜Ê̅iÊ̜«°»Ê
œÀÊ}ÕÀˆÊ̅iÊÀi>Êi«ˆ«…>˜ÞÊV>“iÊ܅i˜Ê
£Ê«>ˆ`ʈÌÃÊwÊÀÃÌÊۈÈÌÊ̜Ê̅iÊ>ÀÊ>Ã̰ʺÞÊLˆ}Ê
ÃÌi«ÊV>“iʈ˜Ê£™ÇÈ°Ê£ÊV>“iÊ̜Ê>«>˜ÊvœÀÊ̅iÊ
wÊÀÃÌÊ̈“iÊ>˜`ÊÀ>Vi`Ê>ÌÊՍˆ°ÊÊÀi“i“LiÀÊ̅iÊ
Üi>̅iÀÊLiˆ˜}Ê>ÜvՏ°ÊÊ`œ˜½Ìʎ˜œÜÊ܅i˜Ê̅iÞÊ
wʘ>ÞÊÃÌ>ÀÌi`Ê̅iÊÀ>Vi]ÊLÕÌʈÌÊÜ>Ãʏ>ÌiÊqʓ>ÞLiÊ
{«“°ÊÞÊ̅iÊi˜`ʈÌÊÜ>ÃÊ`iwʘˆÌiÞÊLi}ˆ˜˜ˆ˜}Ê̜Ê
}iÌÊ`>ÀŽ°Ê/…iÊVœ˜`ˆÌˆœ˜ÃÊÜiÀiÊÌiÀÀˆLi]ÊLÕÌÊ
Liˆ˜}ʈ˜Ê̅iÊVÀœÜ`ÊÜ>Ãʓ>ÀÛiœÕðʣʫ
-1 9]Ê"
/",Ên]ÊÓääÈ
-1 9]Ê"
/",Ên]ÊÓääÈ
_dj[hl_[m
/Ê,Ê1/
£Ç
,-/Ê7/o
1,Ê-1<1
œÀÊ}ÕÀˆÊ-ÕâՎˆ]Ê-ÕâՎ>ʓ>ÀŽÃÊ̅iÊLi}ˆ˜˜ˆ˜}Ê>˜`Êi˜`ʜvʜ˜iÊV>ÀiiÀ]Ê>˜`Ê̅iÊLˆÀ̅ʜvÊ>˜œÌ…iÀ°ÊÊ
"ÛiÀÊLÀi>Žv>ÃÌÊ>ÌÌÊ9œÕܘÊ`ˆÃVÕÃÃiÃÊ̅iʏˆviÊ>˜`Ê̈“iÃʜvÊ£½ÃʘiÜiÃÌÊÌi>“Ê«Àˆ˜Vˆ«>°Ê
_dj[hl_[m
º
½Ê"*1Ê",Ê
/Ê1/1,°ÊÊ/ Ê",Ê
* -Ê,6,-Ê7Ê
"Ê /"Ê£ÊqÊ9Ê
"/Ê7/Ê9Ê/]Ê
1/Ê//Ê"- ½/Ê//,
»
«ÊV>“iÊ>ÃÊ>ÊLˆ}ÊŜVŽ°Ê,i“i“LiÀ]Ê
Îä‡ÎxÊÞi>ÀÃÊ>}œÊ̅iÀiÊÀi>ÞÊÜ>ؽÌÊ̅>ÌÊ
“ÕV…Ê>Ü>Ài˜iÃÃÊ>LœÕÌʈÌʈ˜Ê>«>˜°Ê/…iÊ
ˆ˜vœÀ“>̈œ˜ÊyʜÜÊVœ“ˆ˜}ÊvÀœ“ÊÕÀœ«iÊ
Ü>ÃÊ«œœÀ]ʓ>ÞLiʜ˜ViÊ>ʓœ˜Ì…ÊޜÕʓˆ}…ÌÊ
ÃiiÊܓi̅ˆ˜}ʈ˜Ê>ÊÓ>Ê“œÌœÀëœÀÌÃÊ
“>}>∘i°ÊvÌiÀÊՍˆ]Êʎ˜iÜÊÊÜ>˜Ìi`Ê
̜ÊLiÊ>˜Ê£Ê`ÀˆÛiÀ°Ê
ºÊëi˜ÌÊ>ÃʓÕV…Ê̈“iʈ˜Ê>Ê}œ‡Ž>ÀÌÊ
>ÃÊÊVœÕ`Ê>˜`]Ê܅i˜ÊÊÜ>ÃÊ£È]ÊÊ}œÌÊ>Ê
Vœ˜ÌÀ>VÌÊ܈̅Ê9>“>…>Ê>ÃÊ>Êv>V̜ÀÞÊ`ÀˆÛiÀ°Ê
˜`ÊÃÕ``i˜ÞʈÌʅ>`ÊLiVœ“iÊ>ÊÃiÀˆœÕÃÊV>ÀiiÀÊ
ˆ˜Ê“œÌœÀëœÀÌ°ÊÊܜ˜Ê̅iÊ>«>˜iÃiÊ
V…>“«ˆœ˜Ã…ˆ«ÊÌ܈ViÊ>˜`Ê̅iÊÈ>˜Ê
V…>“«ˆœ˜Ã…ˆ«°ÊÊ̅i˜Ê“œÛi`ʈ˜ÌœÊV>ÀÃÊ>˜`Ê
`ÀœÛiÊ«ÀiÌÌÞʓÕV…ÊiÛiÀÞ̅ˆ˜}\ÊÎ]ÊÎäää]Ê
/ÊV>ÀÃ]Ê̜ÕÀˆ˜}ÊV>ÀÃÊ>˜`ÊqÊwʘ>ÞÊqÊ£°»Ê
}ÕÀˆ½ÃÊwÊÀÃÌÊÀ>Viʅ>ÃÊ«>ÃÃi`ʈ˜ÌœÊ£ÊvœŽœÀi°Ê
ºÌÊÜ>ÃÊ>ʏˆÌ̏iÊ՘ÕÃÕ>]»Ê…iÊVœ˜Vi`iðʺÊÜ>ÃÊ
Vœ˜ÌÀ>VÌi`Ê܈̅ÊՍˆÊ/6Ê>ÃÊ>ÊVœ““i˜Ì>̜ÀÊvœÀÊ
̅iÊ£™nnÊ>«>˜iÃiÊÀ>˜`Ê*ÀˆÝÊ>˜`Ê̅i˜Ê̅iÊ
/ÕiÃ`>ÞÊLivœÀiÊ̅iÊÀ>Vi]ÊjÀ>À`Ê>ÀÀœÕÃÃiÊ
V>i`ʓiÊvÀœ“ÊÀ>˜Vi]Ê>˜`Ê̜`ʓiÊ̅>Ìʜ˜iÊ
œvʅˆÃÊ`ÀˆÛiÀÃÊÜ>ÃÊÈVŽÊQ9>˜˜ˆVŽÊ>“>Ãʅ>`Ê
Vœ˜ÌÀ>VÌi`Êi}ˆœ˜˜>ˆÀiýÊ`ˆÃi>ÃiR°ÊiÊ>Îi`Ê
“iʈvÊÊÜ>ÃÊ>Û>ˆ>LiÊ̜Ê`ÀˆÛiʅˆÃÊV>ÀÊ>ÌÊ̅iÊ
ÜiiŽi˜`oÊ7/¶Ê˜`Ê̅>ÌÊÜ>ÃʅœÜÊÊ}œÌÊ
“ÞÊwÊÀÃÌÊ`ÀˆÛi°Ê œÊÌiÃ̈˜}]ʘœÊiÝ«iÀˆi˜ViʜvÊ
̅iÊ£ÊܜÀ`]ʘœÊ«ÀœLi“°Ê/…ÕÀÃ`>ÞÊʅ>`Ê
>ÊÃi>ÌÊwÊÌ̈˜}]ÊÀˆ`>ÞÊÊÜ>Ãʈ˜Ê̅iÊ£ÊV>À°»
/…iÊ«>``œVŽÊv>“ˆˆ>ÀÊ̜Ê}ÕÀˆÊ-ÕâՎˆÊ̅iÊ
Ìi>“Ê«Àˆ˜Vˆ«>ÊˆÃÊv>ÀÊÀi“œÛi`ÊvÀœ“Ê̅>Ìʎ˜œÜ˜Ê
LÞÊ}ÕÀˆÊ-ÕâՎˆÊ̅iÊ`ÀˆÛiÀ]Ê>˜`ʅ>ۈ˜}Êëi˜ÌÊ>Ê
`iV>`iʜÕÌʜvÊ£Ê>œÜÃÊ}ÕÀˆÊ>Ê«iÀëiV̈ÛiÊ
«iÀ…>«ÃʘœÌÊ>vvœÀ`i`Ê̜ʅˆÃÊ«iiÀðʺ>ÃʈÌÊ
V…>˜}i`¶Ê9iÃ]ʈ̽ÃÊVœ“«iÌiÞÊ`ˆvviÀi˜Ì°Ê
-ˆ“«Þ]ʈ̽ÃÊÜ>ÀʜÕÌÊ̅iÀiʘœÜ°ÊÊ`œ˜½Ìʎ˜œÜÊ
…œÜʓÕV…Ê“œ˜iÞÊ>˜`ʅœÜʓ>˜ÞÊ«iœ«iÊi>V…Ê
“>˜Õv>VÌÕÀiÀÊ
…>Ã]ÊLÕÌʈ̽ÃÊ>ʏœÌ°Ê/…iÀiÊ>ÀiÊÌi>“ÃÊ܈̅ÊÇääÊ
œÀÊnääÊ«iœ«i°Ê7…i˜ÊÊÜ>ÃÊ`ÀˆÛˆ˜}]ʈÌÊȓ«ÞÊ
Ü>ؽÌʏˆŽiÊ̅>ÌÊqÊÇäʜÀÊnäÊÜ>ÃÊ>LœÕÌʈ̰Ê
ºÌÊÜ>ؽÌÊ>ÊŜVŽÊ̜ÊVœ“iÊL>VŽÊ̜Ê
ܓi̅ˆ˜}ÊÜÊV…>˜}i`°Ê½“ʘœÌʘ>‹Ûi]ÊÊ
՘`iÀÃ̜œ`Ê̅iÊÈÌÕ>̈œ˜Ê>˜`Ê܅>ÌÊÊÜ>ÃÊ
}iÌ̈˜}ʈ˜Ìœ]ÊLÕÌʈÌʈÃÊ>ʏˆÌ̏iÊLˆÌÊVÀ>âÞ°Ê/œœÊVÀ>âÞ]Ê
>VÌÕ>Þ°Ê>ÝʜÏiÞ½Ãʈ`i>ʜvÊÌ>Žˆ˜}Ê£ÊL>VŽÊ
̜Êܓi̅ˆ˜}ÊÓ>iÀʈÃÊ>Ê}œœ`ʜ˜i°ÊÊviiÊˆÌÊ
ˆÃʈ“«œÃÈLiÊ̜ÊVœ˜Ìˆ˜ÕiÊ܈̅Ê̅iÊÈÌÕ>̈œ˜Ê
>ÃʈÌÊi݈ÃÌÃʘœÜ°ÊÊ`œ˜½ÌÊ̅ˆ˜ŽÊLÕ`}iÌÃʜvÊ
fxä䓈ˆœ˜]Ê>˜`ÊÀˆÃˆ˜}]ʈÃÊ܅>Ìʣʘii`ð»
ÕÃÌÊ>ÃÊ}ÕÀˆÊÃiˆâi`ʅˆÃʜ««œÀÌ՘ˆÌÞ]ÊÜʅiÊ
iÝ«iVÌÃʅˆÃÊVœ“«>ÌÀˆœÌÃÊ̜ÊÌ>ŽiÊ̅iˆÀðÊ/…iÊ
`iwʘˆ˜}ÊV…>À>VÌiÀˆÃ̈VʜvÊ̅iÊÌi>“]Ê̅œÕ}…Ê
˜Ì…œ˜ÞÊ>ۈ`ܘʓˆ}…ÌÊÕ«ÃiÌÊ̅>ÌÊ>««iV>ÀÌ]Ê
…>ÃÊLii˜ÊˆÌÃÊÀiˆ>˜Viʜ˜Ê>«>˜iÃiÊ`ÀˆÛˆ˜}Ê
Ì>i˜Ì°Ê˜Ê>Êȓˆ>ÀÊÛiˆ˜Ê̜Êܓiʓi“œÀ>LiÊ
Ài˜V…Ê>˜`ÊÌ>ˆ>˜Ê«ÀˆÛ>ÌiiÀÊÌi>“ÃʜvÊÞi>ÀÃÊ
«>ÃÌ]Ê}ÕÀˆÊˆ˜Ìi˜`ÃÊ̜Ê}ˆÛiʅˆÃʘ>̈œ˜>ÃÊiÛiÀÞÊ
œ««œÀÌ՘ˆÌÞÊ̜ʫÀœÛiÊ̅i“ÃiÛiÃÊ>ÌÊ̅iÊ
ÛiÀÞʅˆ}…iÃÌʏiÛi°Ê
º7ˆÌ…Ê̅iÊ«œˆÌˆVÃʜvÊ£Ê>ÃÊ̅iÞÊ>Ài]ʈÌʈÃÊÛiÀÞÊ
`ˆvwÊVՏÌÊ̜Êwʘ`Ê>ÊÃi>Ì°Ê>˜Õv>VÌÕÀiÀÃʅ>ÛiÊ>Ê
ÜÀÌÃʜvÊÀi>ܘÃÊvœÀʓ>Žˆ˜}Ê̅iˆÀÊV…œˆViðÊ
ÞÊÌi>“]ʜ˜Ê̅iʜ̅iÀʅ>˜`]ʈÃÊÛiÀÞÊ«ÀˆÛ>ÌiÊ
>˜`ʈÌʈÃÊȓ«iÀ°ÊvÊ̅iÀiʈÃÊ>Ê}œœ`Ê>«>˜iÃiÊ
`ÀˆÛiÀÊ܅œÊ`iÃiÀÛiÃʅˆÃÊV…>˜Vi]ÊÊÜ>˜ÌÊ̜Ê
“>ŽiÊÃÕÀiʅiÊ}iÌÃÊ̅>ÌÊV…>˜Vi°ÊvÊ̅>ÌÊÌ>i˜ÌÊ
ˆÃ˜½ÌÊ>Û>ˆ>Li]ÊÊ܈Ê…>ÛiʘœÊ«ÀœLi“ʏœœŽˆ˜}Ê
̜Ê>Ê-œÕ̅ʓiÀˆV>˜ÊœÀÊ>ÊÕÀœ«i>˜Ê`ÀˆÛiÀ°Ê
º½“Ê…œ«ivՏÊvœÀÊ̅iÊvÕÌÕÀi°ÊÊ̅ˆ˜ŽÊ“œÀiÊ
>«>˜iÃiÊ`ÀˆÛiÀÃÊ܈ÊLiÊVœ“ˆ˜}ʈ˜ÌœÊ£ÊqÊ
“>ÞLiʘœÌÊ܈̅ʓÞÊÌi>“]ÊLÕÌÊ̅>ÌÊ`œiؽÌÊ
“>ÌÌiÀ°Ê/…iÀiÊ>ÀiÊ}œœ`Êޜ՘}Ê`ÀˆÛiÀÃʈ˜Ê
>«>˜]ÊLÕÌʓœÀiÊ̅>˜Ê̅>Ì]Ê̅iÀiÊ>ÀiÊ>Ìʏi>ÃÌÊ
̅ÀiiÊ}œœ`Êޜ՘}Ê>«>˜iÃiÊ`ÀˆÛiÀÃÊVÕÀÀi˜ÌÞÊ
À>Vˆ˜}ʈ˜ÊÕÀœ«i°Ê7iʘii`Ê>«>˜iÃiÊ`ÀˆÛiÀÃÊ
̜Ê}iÌÊ}œœ`ÊÀiÃՏÌÃ]ÊÜiʘii`Ê«iœ«iʈ˜Ê>«>˜Ê
Ü>ÌV…ˆ˜}]ÊÜiʘii`Ê>«>˜iÃiÊ뜘ÜÀÃÊ«>ވ˜}Ê
>ÌÌi˜Ìˆœ˜Ê̜Ê̅>ÌÊ>˜`ÊÃÕ««œÀ̈˜}Êޜ՘}Ê`ÀˆÛiÀÃÊ
qÊ̅>̽ÃʅœÜʈÌʈÃÊÃÕ««œÃi`Ê̜ÊܜÀŽ°»
7ˆÌ…ÊÀiVi˜ÌʘœˆÃiÃÊÃÕ}}iÃ̈˜}Ê-ÕâՎ>Ê
ܜ˜½ÌÊ}iÌÊ>ʼ*>VˆwÊVÊÀ>˜`Ê*ÀˆÝ½ÊϜÌʜ˜Ê˜iÝÌÊ
Þi>À½ÃÊV>i˜`>À]ʈÌʏœœŽÃÊ>ÃʈvÊ̅ˆÃÊ܈ÊLiÊ£½ÃÊ
>ÃÌÊۈÈÌʅiÀiÊvœÀÊ>Ê܅ˆi°ÊÃÊÜiÊ>ÃÊ̅iÊ«>ViÊ
܅iÀiÊ}ÕÀˆÊLi}>˜Ê…ˆÃÊ£Ê`ÀˆÛˆ˜}ÊV>ÀiiÀ]Ê
-ÕâՎ>ʈÃÊ>ÃœÊ̅iÊ«>ViÊ܅iÀiʅiÊwʘˆÃ…i`Ê
̅>ÌÊV>ÀiiÀÊ>˜`Ê>ÃœÊ̅iÊ«>ViÊ܅iÀiʅiÊ
Ã̜œ`ʜ˜Ê̅iÊ«œ`ˆÕ“°Êi>ۈ˜}ÊVœÕ`ÊLiÊ>Ê
V>ÕÃiʜvÊÃ>`˜iÃÃ]ÊLÕÌÊ}ÕÀˆ]ʈvÊ>ʏˆÌ̏iÊ܈ÃÌvՏ]Ê
ˆÃÊ«À>V̈V>ÊÀ>̅iÀÊ̅>˜ÊÃi˜Ìˆ“i˜Ì>°ÊºÕˆÊ…>ÃÊ
À>ˆÃi`Ê̅iÊÃÌ>˜`>À`Ê܈̅ʈ˜vÀ>ÃÌÀÕVÌÕÀiÊ>˜`Ê
Ã>viÌÞ]ÊÜÊÊ̅ˆ˜ŽÊˆÌ½ÃÊ>Ê}œœ`ʈ`i>Ê̜ʅœ`Ê̅iÊ
À>ViÊ̅iÀi°Ê-ÕâՎ>ʈÃʓœÀiʈ˜ÌiÀiÃ̈˜}]ʓœÀiÊ
V…>i˜}ˆ˜}]ʓœÀiÊÌiV…˜ˆV>ÊqÊLÕÌÊՍˆÊwÊÌÃÊ̅iÊ
Vœ˜Vi«ÌʜvÊ>ʓœ`iÀ˜Ê£ÊVˆÀVՈÌʓÕV…ÊLiÌÌiÀ°Ê
-ÕâՎ>ʈ˜Ê̅iÊvÕÌÕÀi¶ÊÊ`œ˜½Ìʎ˜œÜ]ʓ>ÞLiÊ
ˆÌʘii`ÃÊ̜ʈ“«ÀœÛiʈÌÃÊv>VˆˆÌˆiÃÊ>˜`Ê̅i˜]Ê
LiV>ÕÃiʈ̽ÃʓÕV…Ê“œÀiʈ˜ÌiÀiÃ̈˜}]ʓ>ÞLiÊ
Üi½ÊÃiiÊ£ÊVœ“ˆ˜}ÊL>VŽ°»
}ÕÀˆÊ…ˆ“ÃivÊ܈ÊLiÊL>VŽÊ>ÌÊ-ÕâՎ>]Ê
…œÜiÛiÀ]Ê>ÃʅˆÃÊiÝ«>˜`ˆ˜}Êi“«ˆÀiÊÌ>ŽiÃʈ˜Ê
“ÕV…Ê“œÀiÊ̅>˜Ê£Ê>œ˜i°ÊˆÛi˜Ê̅iÊ>ÌÌi˜Ìˆœ˜Ê
̅>ÌÊ£ÊÀiViˆÛiÃ]Ê}ÕÀˆ½Ãʜ̅iÀÊ«ÀœiVÌÃÊÌi˜`Ê
̜ÊLiʜÛiÀœœŽi`ÊqÊLÕÌÊ̅iÊ-Õ«iÀÊ}ÕÀˆÊ
iÀ˜?˜`iâÊ,>Vˆ˜}Ê,ÊÌi>“Ê>˜`Ê}ÕÀˆ½ÃÊ
œ«iÀ>̈œ˜Ãʈ˜ÊÛ>ÀˆœÕÃÊ`œ“iÃ̈VÊ>«>˜iÃiÊ
vœÀ“Տ>iÊ>ÀiÊ>ÊvՏ‡Ìˆ“iʍœLÃʈ˜Ê̅iˆÀʜܘÊ
Àˆ}…Ì°ÊœÜÊ`œiÃʅiÊVœ«i¶
ÊÈ}…°ÊºÌ½ÃÊViÀÌ>ˆ˜ÞÊÛiÀÞÊ`ˆvwÊVՏÌÊ̅iÃiÊ
`>ÞðÊvʽ“ʘœÌÊ>ÌÊ>˜Ê£ÊÀ>Vi]ʽÊœvÌi˜ÊLiʈ˜Ê
-1 9]Ê"
/",Ên]ÊÓääÈ
˜}>˜`]ʜÀÊ>ÌÊ>ÊÀ>ViÊܓi܅iÀiÊiÃiʈ˜Ê̅iÊ
ܜÀ`]ʈ˜Ê̅iÊ1˜ˆÌi`Ê-Ì>ÌiÃʜÀÊ>«>˜°ÊÞÊܘÊ
>˜`Ê܈viʏˆÛiʈ˜Ê/œŽÞœ]ÊLÕÌÊÊ`œ˜½ÌÊ}iÌÊ̜Ê}œÊ
̅iÀiʓÕV…°ÊÛi˜Ê܅i˜Ê½“ʈ˜Ê>«>˜]ʈÌʈؽÌÊ
˜iViÃÃ>ÀˆÞÊ̅iÊV>ÃiÊ̅>ÌÊÊ܈Ê}iÌÊ̜Ê}œÊ…œ“i]Ê
̅iÀiÊ>ÀiʏœÌÃʜvÊVˆÀVՈÌÃ]ʏœÌÃʜvÊ«>ViÃÊ̜ÊLi°Ê
œÀÌ՘>ÌiÞÊvœÀʓi]ʓÞÊ܈viÊ՘`iÀÃÌ>˜`ðÊ7iÊ
“iÌÊ>ÌÊ՘ˆÛiÀÈÌÞ]ÊÓnÊÞi>ÀÃÊ>}œ°ÊÊÜ>ÃÊ>Ài>`ÞÊ
ˆ˜ÛœÛi`ʈ˜Ê̅ˆÃÊÜÀÌʜvʏˆvi]ÊÜÊÅiʎ˜iÜÊ̅>ÌÊ
½`Ê>Ü>ÞÃÊLiÊÌÀ>Ûiˆ˜}°Ê-…iÊ`œiؽÌʏˆŽiÊ
“œÌœÀëœÀÌÃʅiÀÃiv]ÊLÕÌÊÅiÊ՘`iÀÃÌ>˜`ÃÊ
̅>ÌÊ̅ˆÃʈÃÊȓ«ÞÊ܅>ÌÊÊ`œ°»
ÌÊ`œiÃÊLi}Ê>ʵÕiÃ̈œ˜\Ê}ÕÀˆÊœLۈœÕÏÞÊ
}iÌÃÊ>Ê}Ài>ÌÊ`i>ÊœvÊÃ>̈Ãv>V̈œ˜ÊvÀœ“Ê>ÊœvÊ
̅ˆÃ]ÊLÕÌÊ`œiÃʅiÊÀi>ÞÊi˜œÞʈ̶ʺ…oʅ““oÊ
Üi]ʈ̽ÃʓÞʏˆvitÊ/…iÀiÊ>ÀiÊ>Ü>ÞÃÊ«ÀœLi“Ã]Ê
>˜`ÊÃÌÀiÃÃÊ>˜`Ê«ÀiÃÃÕÀiÊqÊ>˜`ÊʏˆŽiʈÌÊqÊÊ`œ˜½ÌÊ
Ž˜œÜÊ܅i̅iÀÊޜÕÊV>Ê̅>ÌÊi˜œÞ“i˜ÌʜÀʘœÌoÊ
Ê̅ˆ˜ŽÊˆÌʈðʜÀÊiÝ>“«i]ʏ>ÃÌÊÞi>À]Êʓ>`iÊ
̅iÊVœ““ˆÌ“i˜ÌÊ̜Êi˜ÌiÀÊ£Ê>˜`ʘi>ÀÞÊ
iÛiÀÞLœ`Þ]ʈ˜VÕ`ˆ˜}ʓ>˜ÞʜvÊ̅iÊ«iœ«iʈ˜Ê
̅iÊ«>``œVŽ]ÊÃ>ˆ`\ʼ“«œÃÈLi°½Ê
œ«ˆ˜}Ê
܈̅Ê̅>ÌÊÜÀÌʜvÊ«ÀiÃÃÕÀiʈÃʈÀÀiÈÃ̈Li]ʈÌÊ
LÀˆ˜}ÃʈÌÃʜܘʫi>ÃÕÀið»
˜œÞ>LiÊ̅i˜]ÊLÕÌʘœÌʘiViÃÃ>ÀˆÞÊ
Ài>݈˜}°Ê˜Êv>VÌ]ÊÀi>Ý>̈œ˜ÊˆÃ˜½ÌÊܓi̅ˆ˜}Ê
̅>ÌÊwÊ}ÕÀiÃʅi>ۈÞʈ˜Ê…ˆÃÊÃV…i`ՏiÊ>ÌÊ>°Êº7i]Ê
ÊVœ˜Vi˜ÌÀ>Ìiʜ˜Ê̅iʓœÌœÀëœÀÌ]Ê>˜`Ê
Ê`œ˜½Ìʅ>ÛiÊ̈“iÊ̜Ê}ˆÛiʜ̅iÀÊëœÀÌÃʜÀÊ
…œLLˆiÃÊ̅iÊ>ÌÌi˜Ìˆœ˜Ê̅iÞÊ`iÃiÀÛi°Ê/…iÀi½ÃÊ
>Ü>ÞÃÊ>˜œÌ…iÀʓiï˜}ʜÀÊ>˜œÌ…iÀÊ«>ViÊ
ʘii`Ê̜ÊLi°ÊÊi˜œÞÊ>Ê}>“iʜvÊ}œv]Ê`œ˜½ÌÊ
“ˆÃ՘`iÀÃÌ>˜`]ÊLÕÌʘœÜ]ÊvœÀʓi]Ê̅iÀiʈؽÌÊ
i˜œÕ}…Ê̈“iʈ˜Ê̅iÊ`>ÞÊ̜ʫ>ÞÊ}œv°»
7…i˜Ê«ÀiÃÃi`]Ê}ÕÀˆÊ`œiÃÊ>`“ˆÌÊ̜ʜ˜iÊ
…œLLްʺ,>`ˆœ‡Vœ˜ÌÀœi`ʅiˆVœ«ÌiÀð»ÊÊӈi°Ê
ºÊÕÃi`Ê̜ÊyÊÞÊ>ÊÀi>ÞÊLˆ}ʜ˜i]ÊLÕÌÊ̅>Ìʅ>ÃʈÌÃÊ
œÜ˜ÊVœ“«ˆV>̈œ˜ÃÊqÊޜÕʘii`Ê̜Ê}œÊ̜Ê
>««ÀœÛi`ʏœV>̈œ˜ÃÊ̜ÊyÊÞÊ̅i“°Ê œÜÊʅ>ÛiÊ>Ê
Ó>]ÊiiVÌÀˆVʓœ`iÊ̅>ÌÊÊV>˜ÊyÊÞÊ>˜Þ܅iÀi°Ê
i>ÀʓÞʅœ“i]ʘi>ÀÊ̅iÊv>V̜ÀÞ]Ê܅iÀiÛiÀÊÊ
>“°ÊvÊʅ>ÛiÊ£äʓˆ˜ÕÌiÃ]ÊʏiÌʈÌʏœœÃi°»
}ÕÀˆÊ>ۜˆ`ÃÊ>˜Þʓi˜Ìˆœ˜ÊœvÊ`ÀˆÛˆ˜}°ÊÌÊ{ÈÊ
…>Ãʅiʅ՘}ÊիʅˆÃʅi“iÌÊvœÀÊ}œœ`]ʜÀÊ`œiÃÊ
…iÊwʘ`Ê̈“iÊ̜ÊiÝiÀVˆÃiÊ̅iʜܘiÀ½ÃÊÀˆ}…ÌÊ̜Ê
õÕiiâiʈ˜Ê>ÊviÜʏ>«ÃʅiÀiÊ>˜`Ê̅iÀi¶Êº<iÀœ°Ê
˜Êv>VÌÊ̅iÃiÊ`>ÞÃÊÊÀ>ÀiÞÊ`ÀˆÛiÊ>ÊÀœ>`ÊV>À°Ê
7…i˜ÊÊ>“Ê>Ìʅœ“iʈ˜Ê>«>˜]ÊʏˆÛiʈ˜Ê̅iÊ
Vi˜ÌÀiʜvÊ/œŽÞœ]ʓÞʜvwÊViʈÃʜ˜ÞÊ>ʣ䇓ˆ˜ÕÌiÊ
Ü>Ž]ʜ˜`>ʈÃÊ>ÊwÊÛi‡“ˆ˜ÕÌiÊÜ>Ž°Êvʽ“Ê}œˆ˜}Ê
̜ÊՍˆÊœÀʜÌi}ˆÊʓˆ}…ÌÊ`ÀˆÛi]ÊLÕÌʓœÃÌʜvÊ
̅iÊ̈“iÊʏi>ÛiʈÌÊ̜ʜ̅iÀÊ«iœ«i°
º-œ“ï“iÃÊÊ}iÌÊ̅iÊÕÀ}iÊ̜ÊÌ>Žiʜ˜iʜvÊ
“ÞÊ£ÊV>ÀÃʜÕÌÊvœÀÊ>Ê`ÀˆÛi°ÊÕÌÊ̅ˆÃʈÃÊv>˜Ì>ÃÞ]Ê
Ê̅ˆ˜Ž]ʘœÌÊÀi>ˆÌÞ°Êʅ>ÛiÊ̜ÊVœ˜Vi˜ÌÀ>Ìiʜ˜Ê
“>˜>}i“i˜Ì°Ê/…ˆÃʈÃʓÞʍœLʘœÜ°Ê
…ÀˆÃ̈>˜Ê
>˜˜iÀʎii«Ãʈ˜ÛˆÌˆ˜}ʓiÊ̜Ê}iÌʈ˜ÌœÊ̅iÊ*Ê
>ÃÌiÀÃÊ>˜`Ê̅iÀiʈÃÊ>ÊÌi“«Ì>̈œ˜]ÊLÕÌÊ܅>ÌʈvÊ
ʅ>ÛiÊ>˜Ê>VVˆ`i˜Ì¶Ê̽ÃÊ>ÊLˆ}Ê«ÀœLi“ÊvœÀʓÞÊ
Ìi>“°Ê/…iÀi½ÃÊ£xäÊ«iœ«iÊܜÀŽˆ˜}ʈ˜Ê£]ÊxäÊ
«iœ«iʈ˜Ê̅iÊ1-]Êxäʈ˜Ê>«>˜°ÊvÊÊ`ˆiʜÀÊ}iÌÊ
ÃiÀˆœÕÏÞʈ˜ÕÀi`ʜÕÌʜ˜Ê̅iÊÌÀ>VŽ]ʈÌÊ܈Ê…>ÛiÊ
À>“ˆwÊV>̈œ˜Ã°Ê½ÛiÊ}œÌÊ̜ÊVœ˜Ãˆ`iÀÊ̅>Ì°»Ê
}ÕÀˆÊˆÃʵՈVŽÊ̜ʫÀ>ˆÃiÊ̅iÊivvœÀÌÃʜvÊ
iÛiÀޜ˜iʜ˜Ê̅iÊ-Õ«iÀÊ}ÕÀˆÊÃÌ>vvÊ>˜`Ê
«œˆ˜ÌÊ̜Ê̅iʓ>ÃÈÛiÊÌi>“ÊivvœÀÌÊ̅>ÌÊ}œiÃÊ
ˆ˜ÌœÊˆÌ]ÊLÕÌÊ̅iÊ`iÈÀiÊ>˜`Ê`iÌiÀ“ˆ˜>̈œ˜Ê̅>ÌÊ
i“>˜>ÌiÊvÀœ“Ê̅iÊi«œ˜Þ“œÕÃʜܘiÀÊ>ÀiÊ
̅iÊVœ“«iˆ˜}ÊvœÀViðÊ/…ˆ˜}ÃÊ>ÀiÊ}œˆ˜}ÊÜi°Ê
iÝÌÊÞi>À½ÃÊV>ÀʈÃʈ˜Ê«Àœ}ÀiÃÃ]Ê̅iÊÌi>“½ÃÊ
vÕÌÕÀiʈÃÊÃiVÕÀi]ÊLÕÌÊ}ÕÀˆÊ-ÕâՎˆÊÃ̈Ê…œ`ÃÊ
ˆÌÊ̜}i̅iÀÊ܈̅ÊLœÌ…Ê…>˜`ðÊ>ÞLiÊ̅>̽ÃÊ
܅ÞÊ̅iʘ>“iÃÊÃii“ʈ˜ÌiÀV…>˜}i>Li°Ê
-1 9]Ê"
/",Ên]ÊÓääÈ
]eeZj_c[iBXWZj_c[i
,<]Ê"
/",Ê£™™{
/Ê,Ê1/
£™
9Ê-/Ê",1Ê" NPNFOUBDUVBMMZ
IBEOPUIJOHUPEPXJUITPNFUIJOHUIBUIBQQFOFE
POUIFUSBDL*UXBTBUUIFFOEPGBOE*µECFFO
UFTUJOHXJUI5ZSSFMMBU+FSF[*UIBECFFOBUFSSJCMF
ZFBSBGUFSUIFEFBUITBU*NPMBBOEBMTPUIFEFBUIP
G
NZTJTUFS#VUUIFO*IBEBDBMMGSPN'MBWJP*XFOUUP
TFFIJNBOEIFQVUBDPOUSBDUJOGSPOUPGNFGPSB
SBDFESJWFXJUI#FOFUUPO
4FFJOHUIBUBOELOPXJOH*DPVMETJHOJUBOE
QFSIBQTCFUIFGJSTU+BQBOFTFESJWFSUPXJOBHSBOE
QSJYXBTBOJODSFEJCMFNPNFOU.JDIBFM4DIVNBDIFS
IBEKVTUCFDPNFXPSMEDIBNQJPOXJUI#FOFUUPOBO
E
*XPVMEIBWFCFFOIJTUFBNNBUF#VU*EJEOµUGFFM
BCMFUPTJHOSJHIUBXBZ*UPPLUIFDPOUSBDUXJUINF
BOEXFOUCBDLUP+BQBO*UIJOLBOZ&VSPQFBOESJWF
S
XPVMEIBWFTJHOFEUIFJOTUBOUIFTBXUIFDPOUSBDU
+PIOOZ)FSCFSUGPVOEIJNTFMGJOUIFTBNF
QPTJUJPOTPPOBGUFSBOEIFEJETJHOBOEXFOUPO
UPXJOUXPHSBOETQSJY*MPPLCBDLOPXBOE
UIJOL²5IBUDPVMEIBWFCFFONF³
#VU*VOEFSTUPPEUIBUIPXFWFSHSFBUJUXBTUPCF
PGGFSFEUIFDPOUSBDU*EJEOµUXBOUJUBTNVDIBT*
TIPVME*LOFX*XBTOµUBWFSZUBMFOUFEESJWFS*LOF
X
*DPVMEOµUCFBU.JDIBFMJOBTJNJMBSNBDIJOFBOEJU
CFDBNFBMNPTUQPJOUMFTTUPUSZ*UXBTXIBUUVSOFE
NFPOUPNPVOUBJODMJNCJOHJOGBDUCFDBVTFUIFSF
XBTTPNFUIJOH*DPVMEDPNQFUFJO8IFO*HPUUP
UIFUPQPG&WFSFTUJO*SFBMMZXJTI*µEDBMMFE
.JDIBFMBOETBJE²)FZ*HPUIFSFCFGPSFZPV³
¼Ê7-ÊÊÊ,1 Ê
Ê
,"Ê/Ê/"*Ê"Ê6,-/½
>«>˜½ÃÊ1ŽÞœÊ>Ì>Þ>“>ÊÃ>ÞÃÊiÛi˜ÌÃʈ˜Ê£™™{ʓ>`iʅˆ“ʵՈÌÊÀ>Vˆ˜}Ê>˜`ÊVˆ“LʓœÕ˜Ì>ˆ˜Ã°
/Ê7"Ê"Ê£™™{XBTBWFSZEBSLUJNF
1)050446550/*."(&4
/Ê,Ê1/
1)05045)0."4#65-&3
£n
GPSNF*UTUBSUFEXIFONZPMEFSTJTUFSEJFEJO
DIJMECJS UICFDBVTFTIFIBEBSBSFDPOEJUJPOUIBU
QSFWFOUFEIFSCMPPEGSPNDMPUUJOHBOEUIFZDPVMEOµU
TBWFIFS5IJTXBTPOMZZFBSTBHPTPJUJTBMNPTU
VOUIJOLBCMFUIBUJUDPVMEIBQQFO)FSEFBUINBEF
NFRVFTUJPONZXIPMFNPUJWBUJPOGPSSBDJOHTPNZ
IFBEXBTOµUWFSZTUSPOHBUUIFTUBSUPGUIFZFBS
5IFODBNF*NPMBBOEXIFO3PMBOE3BU[FOCFSHFS
BOE"ZS UPO4FOOBXFSFLJMMFE*SFBMMZEJEOµULOPX
XIBUUPEP*EJEOµUXBOUUPHFUJOUPBO'DBSEJEOµU
XBOUUPESJWFBOEUIFXIPMFJEFBTFFNFEQPJOUMFTT
*RVFTUJPOFEXIBU*XBTEPJOHBOESFBMJTFE
*IBEMPTUGSJFOETJOSBDJOH&WFODBSTTFFNFE
UPCFQPJOUMFTTUPNFGPSBUJNF*XPVMEUIJOL
BCPVUQFPQMFXIPEJFEJOBDDJEFOUTPOUIFSPBE
°DIJMESFOXIPMPTUUIFJSQBSFOUTBOEQBSFOUTXIP
MPTUDIJMESFOBOEJUTFFNFEMJLFBDBODFS*GPVOEJU
IBSEUPVOEFSTUBOEXIZQFPQMFIBEUPEJFMJLFUIJT
TPZPVDBOJNBHJOFIPXEJGGJDVMUUIBUNBEFJUGPS
NFUPCFBSBDJOHESJWFS5IFSFJTBMPUPGTUSFTTJO
SBDJOHUPCFBMXBZTGJHIUJOHBSJWBMPSZPVSTFMGPS
UIFTUPQXBUDIJTTPEJGGJDVMU5IBUZFBS*GPVOE
UIBU*EJEOµUSFBMMZXBOUUPGJHIUBOZNPSF
8IFO*XBTZPVOHFS*XBOUFEGBNFBOENPOFZ
BOEXPNFOCVUUIPTFFWFOUTJONBEFNF
SFDPOTJEFS*DBSSJFEPOGPSBOPUIFSDPVQMFPG
TFBTPOTCVUXIFO*TUPQQFEBUUIFFOEPG
*LOFX*DPVMEOµUEP'BOZMPOHFS*TUJMMUIJOL
JUXBTHPPEUIBU*GJOJTIFEXIFO*EJE
- Ê, "Ê, Ê*,8]Ê9Ê£™™{
]h_ZZb[
/Ê Ê
1//
£Ê+1<
Ê£Ê+1-/" Ê/
£Ê7…œÊˆÃÊ̅ˆÃÊ­>LœÛiʏivÌ®]Ê
܅>̽ÃÊ̅iÊÞi>ÀÊ>˜`]ʍÕÃÌÊvœÀÊ
v՘]Ê܅>ÌÊÜ>ÃʅˆÃÊv>̅iÀ½ÃÊ
À>Vˆ˜}ÊVœ˜˜iV̈œ˜¶
ÈÊ7…œÊˆÃÊ̅ˆÃÊ­>LœÛiÊÀˆ}…Ì®¶
ÓÊ >“iÊ̅iÊ`ÀˆÛiÀÃʜ˜Ê
̅iÊ«œ`ˆÕ“Ê>ÌÊ̅iÊ£™™nÊ
Ì>ˆ>˜Ê*¶
nÊ7…>ÌʓˆÃ…>«ÊLiviÊ
*>ÌÀˆVŽÊ/>“L>Þʈ˜Ê̅iÊ£™nÎÊ
1-Ê*ʈ˜ÊiÌÀœˆÌ¶
ÎÊ7…ˆV…ʵÕ>ÀÌiÌÊ`ÀœÛiÊvœÀÊ̅iÊ
-ʜÀ`ÊÌi>“ʈ˜Ê£™n™¶
™Ê7…ˆV…Ê“iÀˆV>˜Ê`ÀˆÛiÀÊ
ܜ˜Ê̅iÊ£™ÈÇÊi}ˆ>˜Ê*Ê
ˆ˜Ê…ˆÃʜܘÊV>À¶
{Ê7…œÊܜ˜Ê̅iÊ£™ÈxÊ
1-Ê*Ê>ÌÊ7>̎ˆ˜Ãʏi˜¶
-1 9]Ê"
/",Ên]ÊÓääÈ
Çʘ`Ê܅iÀiÊ`ˆ`ʅiÊÀ>ViʅˆÃÊ
vˆ˜>Ê*Ê>˜`Ê܅>Ìʅ>««i˜i`Ê
̜ʅˆ“Ê`ÕÀˆ˜}ʈ̶
]h_ZZb[
-1 9]Ê"
/",Ên]ÊÓääÈ
ÊÎÊ*,"- Ê9"1 -/,
7…œ½ÃÊ̅ˆÃÊ£Ê>ëˆÀ>˜Ì]Ê
܅œÊëi˜ÌÊÞi>ÀÃʈ˜Ê
>«>˜ÊLivœÀiÊ}iÌ̈˜}Ê̅iÊ
V>Ê̜Ê̅iÊLˆ}ʏi>}Õið
£äÊ7…>ÌÊÜ>ÃÊ̅iÊV>ÀÊV>i`¶
xÊ7…œÊvˆ˜ˆÃ…i`ÊÃiVœ˜`ʈ˜Ê
̅iÊ£™Ç{Ê-Üi`ˆÃ…Ê*¶
ÊÓÊ Ê/Ê/
7…i˜Ê`ˆ`ÊiÀÀ>ÀˆÊÕÃiÊ̅iÃiÊ
Vœ“«iÌiÞÊi˜VœÃi`Ê܅iiÃ¶
Ê{Ê" ‡/Ê7" ,
ÊxÊ7"Ê-Ê/-¶
1)050446550/*."(&4*--6453"5*0/(*03(*01*0-"
7…>̽ÃÊëiVˆ>Ê
>LœÕÌÊ̅ˆÃÊ
«ˆVÌÕÀiÊvÀœ“Ê
ÞiÃÌiÀÞi>À¶
¼Ê7-Ê Ê9Ê Ê--" Ê",Ê9Ê7 Ê7/<Ê
ÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊÊ7 ÊÊ"/ÊÊ*" Ê
Ê/ ÊÊ/"Ê1*Ê" ÊÊ* ½
/Ê,Ê1/
,
Óä
/Ê,Ê1/
Ó£
ÊÈÊ7/Ê** Ê 8/¶
ÊÇÊ
17",
ˆ˜`Ê̅iÊ£ÊÃÌ>Àʅˆ``i˜Êˆ˜Ê̅iÊVÕið
,"--Ê
"7 Ê
£ÊÊ/…œÕ}…Ìʅˆ}…ÞʜvÊ­x®
{ÊÊ i>ÌiÃÌÊ­Ç®
nÊʈÀ½Ãʘ>“iÊ­Ç®
™ÊʈÀ`ʜvÊ«ÀiÞÊ­x®
£äÉÓ£Êʏœ˜}ʏˆviÊ­£]{]Ç®
££ÊÊ*Àˆ“Ê>˜`ÊvÕÃÃÞÊ«iÀܘÆÊ
V>À`Ê}>“iÊ­Î]{®
£ÓÊ/œi`Ê̅iʏˆ˜iÊ­™®
£xÊÊ-iÌ̏iÊ­>Ê«ÀœLi“®Ê­{]ή
£ÇÊÊ,ˆÃiÊvÀœ“ÊLi`Ê>vÌiÀÊ
Ïii«ˆ˜}Ê­Î]Ó®
ÓäÊÊÀiiŽÊˆÃ>˜`Ê­x®
Ó£ÊÊ-iiÊ£ä
ÓÓÊʈ}…iÃÌÊȘ}ˆ˜}Ê
ۜˆViÊ­Ç®
ÓÎʈ}…iÀÊ̅>˜Ê­x®
£ÊÊ>˜ViʜÀˆ}ˆ˜>̈˜}ʈ˜Ê
ÕL>Ê­x®
ÓÊÊ/…iÊÌÀ՘ŽÊœvÊ̅iʅՓ>˜ÊLœ`ÞÊ­x®
ÎÊÊ iÜÊ<i>>˜`Ê«œÀÌÊ­Ç®
{ÊÊ£ÊÃÌ>ÀÊ­ÃiiÊ>LœÛi®Ê­x]n®
xÊÊÀi>ÌÊvi>ÀÊ­x®
ÈÊÊ*>ÀÌʜvÊ̅iÊ1˜ˆÌi`ʈ˜}`œ“Ê­Ç®
ÇÊÊ7ˆÌ…ʈÌÊ­È®
£ÓÊÊ*…œÌœ}À>«…ÊÌ>Ži˜Ê
˜i>ÀÊ>Ìʅ>˜`Ê­x‡Ó®
£ÎÊ>ÕۈŇVÀˆ“Ãœ˜ÊVœœÕÀÊ­Ç®
£{ÊÊÊÈ}˜ÊœvÊ̅iÊâœ`ˆ>VÊ­È®
£ÈÊÊ>ÃÌʏiÌÌiÀʜvÊ̅iÊÀiiŽÊ
>«…>LiÌÊ­x®
£nÊÊ>˜ViʜÀˆ}ˆ˜>̈˜}ʈ˜ÊÀ}i˜Ìˆ˜>Ê­x®
£™Êʈ˜iʎˆ˜`ʜvÊ}>ÃÃÊvœÀʓ>Žˆ˜}Ê
>À̈wÊVˆ>Ê}i“ÃÊ­x®
Ê -7,-Ê*ÊÓÎ
ÓÓ
h[ikbjiWdZ\_njkh[i
/Ê,Ê1/
½-
-1 9]Ê"
/",Ên]ÊÓääÈ
7",Ê"Ê
7"
"
-*",/
/ -
-1 9]Ê"
/",Ên]ÊÓääÈ
h[ikbjiWdZ\_njkh[i
LFOKVUTVTPKVUTVCPKVUTVBOELVNJVDIJCBUUMFGJFME
HSBQQMJOH
PSKVKVUTV
#JHJO+BQBO(JBOULJUFGMZJOH
"/,Ê/ Ê-
* -
* Ê"*
,œÕ˜`ˆ˜}‡Õ«Ê̅iÊÜiiŽ½ÃÊëœÀ̈˜}Ê>V̈œ˜
""/
(FOOBSP(BUUVTP
TBZTUIF"[[VSSJ
DBOJNQSPWF
/, /" Ê, 9
"VTUSJB
#PTOJB)FS[F6
(FSNBOZ6
4QBJO6
1PSUVHBM6
4XFEFO6
1,"ÊÓäänÊ+19 Ê
*ÀiۈiÜ(FOOBSP(BUUVTPIBTCFFOUBMLJOHVQ
UIF8PSME$VQXJOOFSTBGUFSUIFZHPUPGGUPBQPPS
TUBSUJOUIFJS&VSPRVBMJGZJOHDBNQBJHOÌ>Þ
BSFDVSSFOUMZTJYUIPVUPGTFWFOUFBNTJO(SPVQ
#XJUIPOFQPJOUGSPNUXPNBUDIFTGJWFQPJOUT
CFIJOEKPJOUMFBEFSTÀ>˜ViBOE-VœÌ>˜`5IF
"$.JMBOIBSENBOTBJE*UBMZµTOFYUUXPNBUDIFT
BHBJOTU1ŽÀ>ˆ˜iÊBOEiœÀ}ˆ>ÊBSFDSVDJBMBOE
DBMMFEPOIJTUFBNNBUFTUPQSPWFUIFNTFMWFT)F
TBJE²8FBSFFBHFSUPQSPWFUIBUXFBSFUIFXPSME
DIBNQJPOTBOEEFTFSWFEUIFUJUMFJO+VMZ³"[[VSSJ
DPBDI3PCFSUP%POBEPOJJTFYQFDUFEUPGJFMEBGSPOU
MJOFPG.BVSP$BNPSBOFTJBOE-VDB5POJXJUIFJUIFS
"MFTTBOESP%FM1JFSPBOE%BWJE%J.JDIFMFQMBZJOH
JOUIFIPMF&OGBOUUFSSJCMF/JDPMBT"OFMLBIBTCFFO
SFDBMMFEUPUIFÀ>˜ViTRVBEUPGBDF-VœÌ>˜`Ê
BOEUIF>ÀœiÊÏ>˜`ÃÊJOUIFJS&VSP
(SPVQ#RVBMJGJFST.FBOXIJMF-FT#MFVFTGPSNFS
HPBMLFFQFS'BCJFO#BSUIF[IBTBOOPVODFEIFJT
SFUJSJOHGSPNUIFHBNFœ>˜`XJMMCFXJUIPVU
3VVEWBO/JTUFMSPPZBOE.BSLWBO#PNNFMGPSUIFJS
NBUDIFTBHBJOTUVOCFBUFOՏ}>Àˆ>ÊPO0DUPCFS
BOEL>˜ˆ>ÊGPVSEBZTMBUFS#BSDFMPOBTUBS7BO
#PNNFMSFGVTFTUPQMBZVOEFSDPBDI.BSDP7BO
#BTUFOBOEUIF)PMMBOEDPBDIJTTUJMMBUPEETXJUI
3FBM.BESJETUSJLFS7BO/JTUFMSPPZXIPJTTUJMMBOHSZ
BUCFJOHESPQQFEEVSJOHUIF8PSME$VQ-«>ˆ˜
MPPLMJLFUIFZBSFSFFMJOHBGUFSMBTUNPOUIµTTIPDL
EFGFBUUP œÀ̅iÀ˜ÊÀi>˜`$PBDI-VJT"SBHPOFT
IBTESPQQFETFWFSBMQMBZFSTBIFBEPGUIFNBUDI
XJUI-Üi`i˜OPUMFBTUTUBSQMBZFS3BVM"MTPBYFE
JT7BMFODJBXJOHFS+PBRVJOXIPTBJEUIFOBUJPOBM
UFBNJTJOBTUBUFPGEJTBSSBZBOEUIBU"SBHPOFTIBT
OPJEFBIPXUPEFBMXJUIJU²3JHIUOPXUIFOBUJPOBM
UFBNJTBKPLFJUµTJODIBPTBOEOPUFWFO-VJT
LOPXTXIJDIXBZUPUVSO³UIFZFBSPMEXJOHFS
TBJE0O5IVSTEBZDPBDIPGUIFIPMEFSTÀiiVi
0UUP3FIIBHFMBDDVTFEMPDBMSFQPSUFSTPGUSZJOH
UPJOGMVFODFIJTDIPJDFPGQMBZFSTGPSUIFOBUJPOBM
TRVBEBIFBEPGUIFJSRVBMJGJFSBHBJOTU œÀÜ>Þ
5IFQSFTTIBTCFFODSJUJDBMPGUIF(FSNBOGPS
GBJMJOHUPCSJOHFOPVHIOFXQMBZFSTJOUPUIFTRVBE
3JP'FSEJOBOEIBTUJQQFEIJTGFMMPX.BODIFTUFS
6OJUFEEFGFOEFS(BSZ/FWJMMFUPCFDPNFPOMZUIF
$MVC(BSZ
/FWJMMFJTPO
DPVSTFUPXJO
&OHMBOEDBQT
*OKVEPUXPVOBSNFEXSFTUMFSTDPNQFUFXJUI
WBSJPVTUISPXJOHBOEHSBQQMJOHUFDIOJRVFT-JLF
KVKVUTVUIFTLJMMMJFTJOVTJOHZPVSPQQPOFOUT
XFJHIUBHBJOTUIJNCVUUIFPCKFDUJTUPQJOTNPUIFS
BOEHFOFSBMMZDIPLFUIFMJWJOHEBZMJHIUTPVUPG
IJNVOUJMIFDSJFT´6ODMFµ
"
"JLJEPJTQFSIBQTUIFEFFQFTUPGUIFNBSUJBMBSUT
IBWJOHCFFODPODFJWFECZUIFXBSSJPS.PSJIFJ
6FTIJCBPS04FOTFJ
XIPVOEFSXFOUB3PBEUP
%BNBTDVTDPOWFSTJPOBOEXBOUFEUPDPNCJOF
IJTGJHIUJOHTLJMMTXJUIBOFTTFOUJBMMZQFBDFGVM
QIJMPTPQIZ"JLJEPDPNCJOFTFMFNFOUTBOETLJMMT
GSPNTFWFSBMNBSUJBMBSUTJODMVEJOHLFOKVUTVVTJOH
IJTIBOETUPTUSJLFMJLFBTXPSE"TXFMMBTVOBSNFE
DPNCBUTUVEFOUTBMTPUSBJOXJUIRVBSUFSTUBGGT
LOJWFTTXPSETBOEPUIFSXFBQPOT#VUUIF
EJTDJQMJOFTBMMVTFQSJODJQMFTPGFOFSHZBOENPUJPO
UPSFEJSFDUOFVUSBMJTFBOEDPOUSPMBUUBDLFST
-/1//,/Ê, Ê*,8Ê
7" ½-Ê- -
1,"* Ê1 ,‡Ó£
*" -*Ê+19 ,iÃՏÌÃÊ
$[FDI3FQ6
&OHMBOE6
*UBMZ6
3VTTJB6
4FSCJB6
1"
GJGUI˜}>˜`QMBZFSUPXJODBQT/FWJMMF
IBTQMBZFEJOUISFF&VSPQFBODIBNQJPOTIJQTBOE
UXP8PSME$VQTBOETIPVMESFBDIUIFNJMFTUPOF
JOBCPVUUXPZFBSTµUJNF&OHMBOEBSFFYQFDUFEUP
TUBSUXJUI1FUFS$SPVDIBOE8BZOF3PPOFZVQGSPOU
4UFWF4UBVOUPOJTMJLFMZUPCFXJUIPVUTUSJLFS,FWJO
%PZMFGPSUIF,i«ÕLˆVʜvÊÀi>˜`½Ã&VSP
RVBMJGJFSBHBJOTU
Þ«ÀÕÃÊBOE8FEOFTEBZµTUJFXJUI
UIF
âiV…Ê,i«ÕLˆV%PZMFNJTTFEUSBJOJOHJO
/JDPTJBPO5IVSTEBZCFDBVTFPGIJTBOLMFJOKVSZ
ˆÝÌÕÀiÃÊ:FTUFSEBZ
(SPVQ",B[BLITUBOW
1PMBOE"SNFOJBW'JOMBOE4FSCJBW#FMHJVN
1PSUVHBMW"[FSCBJKBO(SPVQ#'BSPF*TMBOETW
-JUIVBOJB4DPUMBOEW'SBODF*UBMZW6LSBJOF(SPVQ
$.PMEPWBW#PTOJB)VOHBSZW5VSLFZ(SFFDFW
/PSXBZ(SPVQ%8BMFTW4MPWBLJB$[FDI3FQVCMJD
W4BO.BSJOP$ZQSVTW*SFMBOE(SPVQ&3VTTJB
W*TSBFM&OHMBOEW.BDFEPOJB$SPBUJBW"OEPSSB
(SPVQ'%FONBSLW/PSUIFSO*SFMBOE-BUWJBW
*DFMBOE4XFEFOW4QBJO(SPVQ(3PNBOJB
W#FMBSVT#VMHBSJBW/FUIFSMBOET4MPWFOJBW
-VYFNCPVSH
/, /" Ê, -
* Ê"* Ê7" ½-Ê- -ÊÊÊÊ
+Õ>ÀÌiÀÊvˆ˜>'SJEBZ
:VOH+BO$IBO5BJXBO
CFBU"J4VHJZBNB+BQBO
.BSJPO#BSUPMJ
'SBODF
CFBU+VOSJ/BNJHBUB+BQBO
$BNJMMF1JO'SBODF
CFBU:PVMJB'FEPTTPWB'SBODF
"JLP/BLBNVSB+BQBO
CFBU+BNFB
+BDLTPO64
,œÕ˜`ÊÓ+VOSJ/BNJHBUB+BQBO
CFBU1BPMB
4VBSF["SHFOUJOB
4VBSF[SFUJSFE
"JLP
/BLBNVSB+BQBO
CFBU"OBCFM.FEJOB4QBJO
.FEJOBSFUJSFE
.BSJPO#BSUPMJ'SBODF
CFBU7FSB
%VTIFWJOB3VTTJB
+BNFB+BDLTPO64
CFBU"MJDJB.PMJL"VTUSBMJB
$BNJMMF1JO
'SBODF
CFBU-JMJB0TUFSMPI64
Ê"
9
,iÃՏÌÃ'SJEBZ
"UMBOUB
0UUPXB
%FUSPJU
/:3BOHFST
1JUUTCVSHI
/BTIWJMMF
.JOOFTPUB
1IPFOJY
&ENPOUPO
4BO+PTF
* \ʇ1
"
9
"/",-*",//1,-/Ê,
Ê-/6
/ܜÊ`ÀˆÛiÀÃÊÜiÀiʈ˜ÊVÀˆÌˆV>ÊVœ˜`ˆÌˆœ˜Ê>vÌiÀÊ
>ÊVÀ>Åʜ˜Ê̅iÊvˆÀÃÌÊ`>ÞʜvÊ̅iÊ>̅ÕÀÃÌÊ
À>Vˆ˜}ÊviÃ̈Û>]Ê܅iÀiÊ̅œÕÃ>˜`ÃʜvÊv>˜ÃÊ
…>`Ê}>̅iÀi`Ê̜ʫ>ÞÊÌÀˆLÕÌiÊ̜ÊÕÃÌÀ>ˆ>½ÃÊ
>ÌiÊ`ÀˆÛˆ˜}ʏi}i˜`Ê*iÌiÀÊÀœVŽ°Ê>ÀŽÊ
*œÀÌiÀÊvÀœ“Ê iÜÊ<i>>˜`Ê>˜`ʅœ“iÊ`ÀˆÛiÀÊ
>ۈ`Ê
>ÀŽÊÜiÀiÊ>ˆÀˆvÌi`Ê̜ʅœÃ«ˆÌ>Ê>vÌiÀÊ
̅iÊVÀ>ÅÊ`ÕÀˆ˜}Ê̅iÊ6nÊ-Õ«iÀV>ÀÊÀ>Vi°
>̅ÕÀÃÌÊ£äääʵÕ>ˆvވ˜}'SJEBZ
.BSL4LBJGF)PMEFO3BDJOH5FBN
+BTPO#SJHIU'PSE1FSGPSNBODF3BDJOH
3JDL,FMMZ5PMM)47%FBMFS5FBN
+BTPO3JDIBSET5BTNBO.PUPSTQPSU
(SFH.VSQIZ4VQFSDIFBQ"VUP3BDJOH
3VTTFMM*OHBMM$BMUFY3BDJOH
5BNQB#BZ
5PSPOUP
7BODPVWFS
8BTIJOHUPO
1IJMBEFMQIJB
$IJDBHP
$PMPSBEP
/:*TMBOEFST
$BMHBSZ
4U-PVJT
7" ½-Ê7",Ê
*" -*ÊÊ
Àœ“Ê>`Àˆ`]Ê-«>ˆ˜
,iÃՏÌÃ'SJEBZ
$IJOB
4PVUI"GSJDB
6OJUFE4UBUFT (FSNBOZ
&OHMBOE
+BQBO
1MBZFEXJUIBMPOHCPXBSDIFSZJO+BQBOJTKVTU
UIFTBNFBTBSDIFSZFWFSZXIFSFFMTFCVUJO
UIFUIDFOUVSZUIFZIBEBQSFUUZJNQSFTTJWF
DIBNQJPODBMMFE8BTB%BJIBDIJSPXIPTIPUNPSF
UIBOBSSPXTJOIPVSTIJUUJOHUIFUBSHFU
NPSFUIBOUJNFT.PSFJNQSFTTJWFTUJMM
XBTUIBU%BJIBDIJSPTIPUPOBNSBOHFXJUI
BDFJMJOHPGPOMZN
,Ê
* -
-*",/-
%SJGUJOHPGGFSTUISJMMTBOETQJMMT
UPSBDFSTPOBCVEHFU
"TJO5IF'BTUBOEUIF'VSJPVT5PLZP%SJGU"T
NPUPSTQPSUHPFTUIJTJTUIFQPMBSPQQPTJUFPG'
7FSZNVDIBQBSUJDJQBUJPOTQPSUESJGUJOHJTGBTU
DBUDIJOHPOBTBDSPTTCFUXFFOPGGSPBEJOHBOE
TUSFFUSBDJOH*OTUFBEPGNVMUJNJMMJPOBJSFTESJWJOH
NVMUJNJMMJPOFVSPDBSTBSPVOENVMUJNJMMJPOEPMMBS
DJSDVJUTESJGUJOHGFBUVSFTTPVQFEVQSPBEDBST
TLJEEJOHBSPVOEJOUIFNVE'VOFI 5IFSVMFTBSF
BMMUIFDBSTNVTUCFSFBSXIFFMESJWFQSPEVDUJPO
DBSTBOEUIFZNVTUIBWFDBUBMZUJDDPOWFSUFSTUP
LFFQUIFOPJTFEPXO
91-Ê
"7**Ê,// Ê ",/9Ê-]Ê
$PNQFUJUPSTGSPNBMMPWFS$IJOBHBUIFSFEGPSUIF
&UIOJD.JOPSJUZ(BNFTJOTPVUIXFTUFSO$IJOBMBTU
XFFLFOE0OFPGUIFIJHIMJHIUTXBTUIFCMPXQJQF
EBSUTJOXIJDIDPNQFUJUPSTGJSFEQPJTPOFEEBSUT
BUBUBSHFUTDPSJOHQPJOUTGPSBDDVSBDZ#VUPUIFS
FWFOUTEJEOPUSVOTPTNPPUIMZUIFSFTVMUTPGUIF
XPNFOµTESBHPOCPBUSBDJOHFWFOUXFSFSFWJFXFE
BGUFSBUIMFUFTDPNQMBJOFEPG²CJHXPNFOXJUI
"EBNµTBQQMFT³3FGFSFFTTVCTFRVFOUMZGPVOEUIBU
TFWFSBMPGUIFDPNQFUJUPSTXFSFBDUVBMMZNFOXFBSJOH
XJHT"OEBOPUIFSEJTQVUFJOUIFXSFTUMJOHGJOBM
CFUXFFO;IBPUPOHBOE8FOTIBO$JUZXBTSFTPMWFE
BGUFSUIFSFXBTBCSBXMBOEUIF8FOTIBOUFBNXBT
DIBTFEBXBZCZBOBOHSZNPCÊ
,JUFGMZJOHJTQPQVMBSBMMPWFS4PVUI&BTU"TJBBOE
*OEJBCVUUIF+BQBOFTFEPOµUEPBOZUIJOHCZIBMWFT
BTTIPXOCZUIF:PLBJDIJ(JBOU,JUF'FTUJWBMIFME
FWFSZ.BZJO)JHBTIJPNJ5IFGFTUJWBMIBTCFFO
SVOOJOHGPSNPSFUIBOZFBSTBOESFDPSETTIPX
UIBUBLJUFUBUBNJNBUTXJEFXBTGMPXOJO
5IFTFEBZTNPTULJUFTBSFSBUIFSTNBMMFSCVU
UIFZBSFTUJMMFMBCPSBUFBOEUIFJSEFTJHOTTIBQFT
BOETJ[FTBSFPGUFONFBOJOHGVM
+BQBO.VDIMJLFGFODJOHUIFQSPUBHPOJTUT
LFOEPLB
XFBSNBTLTBOEDIFTUHVBSETFBDIIPME
BMPOHCBNCPPTXPSEDBMMFEBTIJOBJBOEDPNQFUF
CZBUUFNQUJOHUPTUSJLFUIFPQQPOFOUµTNBTLPS
DIFTUXJUIUIFTXPSE
1/-1
5IFGJSTUFLJEFOMPOHEJTUBODFSPBESFMBZSBDF
XBTTUBHFECFUXFFO,ZPUPBOE5PLZPLN
JO
BOEMBTUFEGPSUISFFEBZT&LJEFOJTQPQVMBS
JO+BQBOCVUSBDFTBSFIFMEBMMPWFSDPOUJOFOUBM
&VSPQFUIF64BOE/FX;FBMBOE3VOOFSTVTVBMMZ
SVOBMFHPGVQUPLNJOUFBNTPGGJWFPSTJY
BMUIPVHIEJTUBODFTDBOCFNVDIHSFBUFS0OFPGUIF
NPTUQPQVMBSNPEFSOFLJEFOJO+BQBOJTUIF)BLPOF
&LJEFOXIJDIGFBUVSFTUFBNTPG+BQBOFTFVOJWFSTJUZ
TUVEFOUTBOEJTIFMEFBSMZJOUIF/FX:FBS
/"1Ê
*TBMPUMJLFESJGUJOHPOMZNPSFEBOHFSPVT5PVHF
JTSBDJOHTUSFFUDBSTEPXONPVOUBJOQBTTFTPSJO
GBDUBOZUXJTUJOHTFDUJPOPGSPBEPOUIFTJEFPGB
IJMM#FDBVTFPGUIFOBSSPXSPBETPWFSUBLJOHDBO
CFWFSZEJGGJDVMUBOEPGUFOIB[BSEPVTTPKVTUMJLF
ESJWJOHJOUP.POUF$BSMPUIFO
11/-1Ê
"CJUMJLFXVTIVJO$IJOBUIJTJTBOBMM
FODPNQBTTJOHUFSNGPSNBSUJBMBSUTQBSUJDVMBSMZ
UIPTFQSBDUJTFECZUIF4BNVSBJTVDIBTKVEP
BOELFOKVUTVTFFCFMPX
"TPQQPTFEUPPUIFS
NBSUJBMBSUTXIJDIPGUFOGPDVTPOBUUBDLJOHKVKVUTV
FNQIBTJTFTTFMGEFGFODFTPNBOZPGUIFNPWFT
JOWPMWFCMPDLJOHUISPXJOHQJOOJOHKPJOUMPDLJOHBOE
TUSBOHMJOH#VUBTTQPSUCFDBNFNPSFQPQVMBSJO
+BQBOQFPQMFCFHBOUPQSBDUJTFKVKVUTVUPTUBZJO
TIBQFSBUIFSUIBOBMUFSPUIFSQFPQMFµTTIBQFT
"
5IFUSBEJUJPOBMBSUPGIJUUJOHXJUIBCJHTUJDLBCPVU
TFWFONJMMJPOQFPQMFQSBDUJTF,FOEPJONPEFSO
1PTTJCMZEFSJWFEGSPN$VKVJO+BQBOXIJDIJT
GPPUCBMMQMBZFEXJUITUPOFT,FNBSJJTBUMFBTU
QMBZFEXJUIBCBMMXIJDIJTNBEFPGEFFSTLJOXJUI
UIFGVSPOUIFJOTJEF5IFHBNFXBTGJSTUQMBZFEJO
+BQBOJOBCPVUUIFOJOUIDFOUVSZ"%&WFOUPEBZ
JUµTQMBZFEJOUSBEJUJPOBMSPCFTDBMMFELBSJHJOVBOE
DVNCFSTPNFDSPXIBUT-JLFLFFQZVQQZ,FNBSJ
IBTOPXJOOFSTPSMPTFSTJOTUFBEQMBZFSTBSFKVEHFE
CZUIFJSTLJMMTBULFFQJOHUIFCBMMJOUIFBJSBOEOFFE
UPCFBCMFUPQBTTJUTPUIBUJUµTFBTZGPSUIFOFYU
QMBZFSUPDPOUSPMUIFCBMMGPSIJTEJTQMBZ
, 5IJTTQFDUBDVMBSUSBDLDZDMJOHFWFOUQJUTVQUPOJOF
SJEFSTBHBJOTUPOFBOPUIFSJOBTIPSUTQSJOUGSPN
BSPMMJOHTUBSU3JEFSTGPMMPXUIFQBDFDBSDZDMFPS
NPUPSDZDMFBUBTUBSUJOHTQFFEPGLQICVJMEJOH
UPLQICZUIFUJNFUIFQBDFTFUUFSMFBWFTUIF
USBDLBCPVUNFUSFTGSPNUIFFOE5IFDZDMJTUT
UIFOTQSJOUVQUPLQIUPUIFFOE,FJSJOCFHBO
JO+BQBOJOUIFMBUFµTBOEQSPWFEBIJUXJUI
HBNCMFSTCFGPSFJUFWFOUVBMMZCFDBNFBO0MZNQJD
FWFOUBU4ZEOFZ
,/ /Ê/Ê9 Ê
À>∏ÊBSFVOCFBUFOJOUISFFHBNFTVOEFSUIFJS
OFXDPBDI%VOHBXIPSFQMBDFE$BSMPT"MCFSUP
1BSSFJSBGPMMPXJOHUIFJSEJTBQQPJOUJOH8PSME$VQ
QFSGPSNBODFXIFOUIFZXFSFLOPDLFEPVUJOUIF
RVBSUFSGJOBMTJO(FSNBOZ#BZFSO.VOJDIQBJS
3PRVF4BOUB$SV[BOE+VMJP%PT4BOUPTIBWFQVMMFE
PVUPG*>À>}Õ>Þ½ÃÊGSJFOEMZBHBJOTUÕÃÌÀ>ˆ>Ê
JO#SJTCBOFZFTUFSEBZTBZJOHJUJTUPPGBSUPUSBWFM
GPSPOFHBNF"VTUSBMJBEFGFOEFS$SBJH.PPSFXBT
DSJUJDJTFEJOIJTOBUJPOBMQSFTTGPSNJTTJOHUIFHBNF
ˆÝÌÕÀiÃÊ:FTUFSEBZ
"VTUSBMJBW1BSBHVBZ
(FSNBOZW(FPSHJB,VXBJUW#SB[JM
,iÃՏÌÃ'SJEBZ
,ZPUP1VSQMF4BOHB 0NJZB"SEJKB
ˆÝÌÕÀiÃÊ:FTUFSEBZ
,ZPUPW0NJZB/JJHBUBW
:PLPIBNB'./BHPZBW'5PLZP6SBXBW$IJCB
,BXBTBLJ'W0JUB5PEPSPLJ*XBUBW(0TBLB
$0TBLBW4IJNJ[V'VLVPLBW,BTIJNB,PGVW
)JSPTIJNB
91"Ê­,
,9®
,œÕ˜`ÊÓ5IVSTEBZ
/BEJB1FUSPWB3VTTJB
CFBU
"OOB-FOB(SPFOFGFME(FSNBOZ
1BUUZ
4DIOZEFS4XJU[FSMBOE
CFBU4IBIBS1FFS*TSBFM
.JDIBFMMB,SBKJDFL/FUIFSMBOET
CFBU-JTB3BZNPOE64
5BUJBOB(PMPWJO
'SBODF
CFBU*WFUB#FOFTPWB$[FDI3FQVCMJD
%BOJFMB)BOUVDIPWB4MPWBLJB
CFBU%JOBSB
4BGJOB3VTTJB
,œÕ˜`ÊÓ8FEOFTEBZ
4WFUMBOB,V[OFUTPWB
3VTTJB
CFBU.BSUJOB.VFMMFS(FSNBOZ
&MFOB%FNFOUJFWB3VTTJB
CFBU,BUBSJOB4SFCPUOJL
4MPWFOJB
,œÕ˜`Ê£Ê*WFUB#FOFTPWB
$[FDI3FQVCMJD
CFBU'SBODFTDB4DIJBWPOF*UBMZ
4DIJBWPOFSFUJSFE
+FMFOB+BOLPWJD
4FSCJB
CFBU.BSZ1JFSDF'SBODF
%BOJFMB)BOUVDIPWB4MPWBLJB
CFBU4ZCJMMF#BNNFS
"VTUSJB
5TWFUBOB1JSPOLPWB#VMHBSJB
CFBU,BSPMJOB4QSFN$SPBUJB
1)05041)*-#&350/01)050+1/03((&55:*."(&446550/*."(&4
,iÃՏÌÃ
'SJEBZ
-JFDIUFOTUFJO
5IFSFBSFOVNFSPVTTDIPPMTJO+BQBOUFBDIJOHBMM
LJOETPGNFUIPETPGGJHIUJOHJODMVEJOHPOFJOWPMWJOH
GJHIUJOHXJUIVNCSFMMBT)PXFWFSUIFCFTULOPXO
BSF,VTBSJHBNBKVUTVGJHIUJOHXJUITJDLMFT
4PKVUTV
TQFBST
BOE+VUUFKVUTVCJHDMVCT
7œÀ`ʘՓLiÀʜ˜iÊ,œ}iÀÊi`iÀiÀÊÃÕÀۈÛi`Ê
>˜Ê>“ˆ}…ÌÞÊÃV>ÀiÊvÀœ“Ê£]äÇn̅‡À>˜Ži`Ê
/>Ž>œÊ-ÕâՎˆÊLivœÀiÊL>Ì̏ˆ˜}ʅˆÃÊÜ>Þʈ˜ÌœÊ
̅iÊÃi“ˆ‡vˆ˜>ÃʜvÊ̅iÊ>«>˜Ê"«i˜Ê܈̅Ê
>Ê̈}…ÌÊ̅Àii‡ÃiÌÊۈV̜ÀÞʜ˜ÊÀˆ`>Þ°Ê/…iÊ
̜«ÊÃii`ÊV>“iÊ̅ÀœÕ}…Ê{‡ÈÊLJxÊLJÈÊ>vÌiÀÊ
Liˆ˜}Ê«ÕÅi`Ê̜Ê̅iʏˆ“ˆÌÊLÞÊ̅iÊ>«>˜iÃiÊ
܈`V>À`°Êi>˜Ü…ˆi]ÊiÀ“>˜Êi˜>“ˆ˜Ê
iVŽiÀ½ÃÊΰÓ{>“Êvˆ˜ˆÃ…Ê>}>ˆ˜ÃÌʈÀˆÊ œÛ>ŽÊ
ˆ˜Ê/œŽÞœÊÜ>ÃÊ̅iʏ>ÌiÃÌÊvœÀÊ>ÊȘ}iÃÊ
“>ÌV…ʈ˜Ê/*ʅˆÃ̜ÀÞ]Ê>VVœÀ`ˆ˜}Ê̜Ê/*°Ê
iVŽiÀʎ˜œVŽi`ʜÕÌÊ̅iÊ
âiV…ʈ˜ÊȇÎÊ·ÈÊ
LJÈÊ̜ÊÀi>V…Ê̅iʵÕ>ÀÌiÀ‡vˆ˜>Ã°
+Õ>ÀÌiÀÊvˆ˜>Ê'SJEBZ
Ê#FOKBNJO#FDLFS
(FSNBOZ
CFBU+BSLLP/JFNJOFO'JOMBOE
)ZVOH5BJL-FF4PVUI,PSFB
CFBU
5PNNZ3PCSFEP4QBJO
3PHFS
'FEFSFS4XJU[FSMBOE
CFBU5BLBP4V[VLJ+BQBO
5JO)FONBO#SJUBJO
CFBU.BSJP
"ODJD$SPBUJB
,œÕ˜`ÊÎÊ5JN)FONBO#SJUBJO
CFBU+VBO
.BSUJO%FM1PUSP"SHFOUJOB
.BSJP
"ODJD$SPBUJB
CFBU3BJOFS4DIVFUUMFS(FSNBOZ
*O,FOKVUTVTUVEFOUTTIJEBDIJ
NVTUGJSTUMFBSO
UPQFSGFDUBTFUPGNPWFTDBMMFELBUBXIJDIBSF
TPNFUJNFTQFSGPSNFEXJUISFBMTXPSETBOEJODMVEF
UIFGVOEBNFOUBMUFDIOJRVFTPGBUUBDLJOHBOE
DPVOUFSBUUBDLJOHVTFEJOLFOEPDPOUFTUT
0OFPGUIFHSFBUFTUQSBDUJUJPOFSTPG
LFOKVUTVJOEFFEBMMUIFTXPSEGJHIUJOH
BSUTXBT.JZBNPUP.VTBOBXIPXBT
UIF4POOZ$IJCBPG.FEJFWBM+BQBO0OF
PGUIFNPTUTLJMMFETXPSETNFOJOIJTUPSZ
.VTBTIJBTIFJTPGUFODBMMFEGPVHIUOVNFSPVT
EVFMTGSPNBWFSZZPVOHBHFBOEFWFOXSPUFB
CPPLPGTUSBUFHZUBDUJDTBOEQIJMPTPQIZUIBUJT
TUJMMTUVEJFEUPEBZ)FFWFODBNFVQXJUIUIBU
UXPTXPSEGJHIUJOHUFDIOJRVFXIJDIMPPLTTPDPPM
JOBMMUIPTFGJMNT"GUFSIJTEFBUIMFHFOETCFHBOUP
BQQFBSTVDIBTIPXIFDPVMEIVSMBNBOPWFSGJWF
GFFUCBDLXBSETIPXIFLJMMFEHJBOUMJ[BSETBOEUIBU
IFDPVMESVOBUTVQFSIVNBOTQFFEXBMLPOBJS
XBUFSBOEFWFOGMZUISPVHIUIFDMPVET#VU
XFBMMLOPXPOMZ4DIVNJDBOEPUIBU
//"1/-1Ê Ê1/-1
-JLFLFOKVUTVUIFTFNBSUJBMBSUTBMTP
JOWPMWFTXPSEQMBZCVUUIFEVFMMJTUTIBWF
UPESBXUIFJSTXPSEBOETUSJLFJOBRVJDL
TJOHMFNPUJPOOPUVOMJLFTIPXEPXOTJO
UIF8JME8FTUPSEVFMMJOHJO&VSPQF
-1, ‡1/-1Ê
5IFNBSUJBMBSUPGUISPXJOHTIVSJLFOXIJDIBSF
TNBMMIBOEIFMEXFBQPOTTVDIBTNFUBMTQJLFT
CPTIVSJLFO
DJSDVMBSQMBUFTPGNFUBMLOPXOBT
IJSBTIVSJLFOBOELOJWFTUBOP
4IVSJLFOKVUTVJT
PGUFOMFBSOFEBMPOHTJEFPUIFSNBSUJBMBSUTTVDIBT
/…iÊëiVÌ>VՏ>ÀÊ}>“iʜvÊi“>ÀˆÊ…>ÃÊLii˜Ê
«>Þi`ÊȘViÊ̅iʘˆ˜Ì…ÊVi˜ÌÕÀÞ
*OTUFBEPGQMFBTJOHHBNCMFSTZBCVTBNFPSBSDIFSZ
POIPSTFCBDLXBTEFWFMPQFEUPQMFBTFUIFHPET
BOEFOTVSFBHPPEIBSWFTU*UXBTMBUFSQFSGFDUFE
CZTBNVSBJUPUSBJOGPSDPNCBU5IFBSDIFSTHBMMPQ
EPXOBNFUSFUSBDLDPOUSPMMJOHUIFIPSTF
XJUIUIFJSLOFFTXIJMFIFESBXTIJTCPXSFBEZUP
TIPPU8IFOUIFSJEFSGJSFTBUUIFUBSHFUIFTIPVUT
²*O:P*O:P³EBSLOFTTBOEMJHIU
BOEUIFCMVOU
BSSPXIJUTUIFUBSHFUXJUIBSFTPOBOUUIVNQ#VUUIF
TQPSUXBTOµUBMXBZTTPCFOFWPMFOUBODJFOUBSDIFST
VTFEUPQSBDUJTFPOEPHTVOUJM#VEEIJTUQSJFTUT
QFSTVBEFEUIFTBNVSBJUPVTFCMVOUBSSPXTTPUIF
EPHTXFSFPOMZCSVJTFE*OUIFFOEUIFTBNVSBJ
TUPQQFETIPPUJOHEPHTBMUPHFUIFS
-"/Ê/
-
5FOOJTXBTCSPVHIUUP+BQBOBUUIFFOEPGUIFUI
DFOUVSZCZB&VSPQFBONJTTJPOBSZBOEUIF+BQBOFTF
NPEJGJFEUIFTQPSUCZJOUSPEVDJOHBTNBMMFSSBDRVFU
BOETPGUSVCCFSCBMMT5IFSVMFTBSFNPSFPSMFTTUIF
TBNFBTSFHVMBSUFOOJTFYDFQUUIBUVOUJMPOMZ
UIFCBTFMJOFQMBZFSJOEPVCMFTXBTBMMPXFEUPTFSWF
/Ê,Ê1/
ÓÎ
"/
/
4PXFDPNFUPUIFQFOVMUJNBUFSPVOE
PGUIF4DIVNBDIFSCFUBOEGJOE.JDIBFM
JOUPQGPSNBOEBUUIFGSPOUPGUIF
HSJECFTJEFIJTQPMFTJUUJOHUFBNNBUF
'FMJQF.BTTB
"OEXJUIIJTZPVOHFSCSPUIFSBOE
+BSOP5SVMMJCFIJOEIJNJOUIFJS5PZPUBT
IFTIPVMECFXFMMQSPUFDUFEGSPNBOFBSMZ
DIBMMFOHFCZIJTUJUMFSJWBMHPJOHJOUPUIF
QFSJMPVT5VSO0OF
4DIVNJIBTXPOIFSFTJYUJNFTJOIJT
DBSFFSBOEIFµTCFFOPOUIFQPEJVNOJOF
UJNFTJOUPUBMTPJUµTGBJSUPTBZIFLOPXT
UIFDJSDVJUMJLFUIFCBDLPGIJTIBOEBOE
XJUI#SJEHFTUPOFTQFSGPSNJOHXFMM.JDIBFM
BOE'FSSBSJBSFJOUIFESJWJOHTFBU
)BWJOHTVSQSJTFENBOZXJUIIJTXJO
JO$IJOBQVOUFSTSFDLPO.JDIBFMJT
MPPLJOHBUBWJDUPSZUPEBZ0GDPVSTF
JGJUSBJOTUIJTBGUFSOPPOJUDPVMEBGGFDU
.JDIBFMµTGJOJTICVU*XPVMEOµUCFUPOJU
--" Ê/\ÊÊ
£1BU4ZNPOETÓ3PCFSU%PPSOCPT
ÎÊ'SBODL.POUBHOZÊ{4JMWJB)PGGFSÊÊ
x.JLF(BTDPZOFÈÊ)FSNBOO5JMLF
ÇÊ4VTJF'PSNBO
Ê,Ê -7,£Ê+ÕiÃ̈œ˜Ê/ˆ“iÊ
£Ê*UµT"MFY4PMFS3PJH&41
XIPGBJMFEUP
RVBMJGZGPSUIF'SFODI(1)JTGBUIFSXBT
UIFTVSHFPOXIPUSFBUFE+PDIFO3JOEUBGUFSUIF
"VTUSJBOµTBDDJEFOUJO4QBJOUIFQSFWJPVTZFBS
Ó.JDIBFM4DIVNBDIFS&EEJF*SWJOFBOE3BMG
4DIVNBDIFS
Î1IJMMJQQF4USFJGG+PBDIJN8JOLFMIPDL
(BCSJFMF5BSRVJOJBOE:BOOOJDL%BMNBT
{Ê(SBIBN)JMM
x1BUSJDL%FQBJMMFSJOB5ZSSFMM'PSE
È"NFSJDBOESJWFS#PC#POEVSBOU
Ç)JTSBDFEJO'GPSUIFMBTUUJNFBUUIF
.FYJDBO(1XIFSFIJTGVFMJOKFDUJPOGBJMFE
n5BNCBZRVBMJGJFEUIJSEJOIJT'FSSBSJCVU
TUBMMFEPOUIFHSJEBOEIBEUPSFUJSF
™%BO(VSOFZ
£äÊ&BHMF8FTMBLF
ÓʘÊ/…iÊiÌ>ˆÊ'FSSBSJVTFEUIFTFXIFFMTJO
RVBMJGZJOHGPSUIF*UBMJBO(SBOE1SJYJO
ÎÊ*Àœ“ˆÃˆ˜}Ê9œÕ˜}ÃÌiÀÊ*UµTPOFUJNF
+PSEBOSBDFS3BMQI'JSNBOXIPMBTU
ZFBSSBDFE"(1GPS5FBN*SFMBOE
{Ê"˜i‡…ˆÌÊ7œ˜`iÀÊ*UXBT4PVUI"GSJDBµT
%BWF$IBSMUPOXIPNBEFBTJOHMFGPSBZ
JOUP'JOXJUIUIJT-PUVT%
xÊ7…œÊ->ˆ`Ê/…ˆÃ¶Ê*UXBT.JLB4BMP
POIJTTVSQSJTFDBMMUPSFQMBDF.JDIBFM
4DIVNBDIFSBGUFSUIF(FSNBOCSPLF
IJTMFHBU4JMWFSTUPOFJO
-1"
"CJUMJLFUIFXSFTUMFSTTVNPJTUIFEBEEZPG
+BQBOFTFTQPSUT5IFPCKFDUPGUIFHBNFJTUIBUB
NBOUIFTJ[FPG.PVOU'VKJIBTUPQVTIHSBQQMFPS
PUIFSXJTFGPSDFTPNFPOFXIPDPVMECFIJTCJHHFS
CSPUIFSPVUPGUIFSJOH5IFBODJFOUTQPSUIBTBHSFBU
EFBMPGSJUVBMBOEUSBEJUJPOTVSSPVOEJOHJUOPUMFBTU
JOUIFUSBJOJOHBOEEJTDJQMJOFPGUIFXSFTUMFST-JLF
HMBEJBUPSTJOBODJFOU3PNFUIFSJLJTIJUPHJWFUIFN
UIFJSQSPQFSOBNFIBWFUPMJWFJOBDPNNVOFBOE
MJWFCZUIFTUSJDUHVJEBODFPGUIFJSUSBJOFS5IFKVOJPS
TVNPMJUFSBMMZHFUQVTIFEBSPVOEBMMEBZ5IFZ
DBOPOMZXFBSMJHIUDPUUPOSPCFTBOETUSBX
TBOEBMTFWFOJOXJOUFSBOEIBWFUPIFMQDPPL
DMFBOBOEHFOFSBMMZSVOBSPVOEBGUFSUIFTFOJPS
TVNP5IFZBSFOPUBMMPXFEUPFBUCSFBLGBTU
CVUEPHFUBWFSZMBSHFMVODIPGNFBUSJDFBOE
CFFS"MMUIJTTLJQQJOHNFBMTBOECJOHFJOHPO
DBSCTBOEQSPUFSOIFMQTUIFNUPHBJOXFJHIU
RVJDLMZ#VUPODFUIFZBUUBJOTFOJPSTUBUVTJUµT
UIFMJGFPG3FJMMZ5IFZDBOXFBSTJMLSPCFTBMMUIF
UJNFIBWFBMJFJOBOEIBWFUIFJSQJDLPGUIFMBEJFT
4POPUUIBUVOMJLFUPQGPPUCBMMFST5IFPOMZEPXO
TJEFJTUIBUNPTUTVNPUFOEUPEJFPGBDPSPOBSZ
BUBCPVUBHF
Ê
ÈÊ7…>ÌÊ>««i˜i`Ê iÝ̶Ê3BMG
4DIVNBDIFSBOE5BLVNB4BUPDPMMJEFE
BUUVSOUXPPGUIF#BISBJO(1
ÇÊ
ÕiܜÀ`Ê-œṎœ˜Ê
VÀœÃÃÊ£3BUFE{5JEJFTUn.JSBOEB™Ê&BHMF
£äÊ"HPPE££Ê0MENBJE£ÓÊ$POGPSNFE
£xÊ*SPOPVU£ÇÊ(FUVQÓäÊ$SFUFÓ£Ê
*OOJOHTÓÓÊ4PQSBOPÓÎÊ"CPWF
œÜ˜Ê£Ê3VNCBÓÊ5PSTPÎÊ%VOFEJOÊÊ
{Ê5JBHP.POUFJSPx%SFBEÈÊ&OHMBOE
ÇÊ5SFOEZ£ÓÊ$MPTFVQ£ÎÊ.BHFOUB
£{Ê1JTDFT£ÈÊ0NFHB£n5BOHP£™1BTUF
Ó{
/Ê,Ê1/
7…>ÌÊ«Àœ“œÌˆœ˜>ÊV>“«>ˆ}˜Ê˜iViÃÈÌ>Ìi`Ê̅ˆÃÊŜÌÊ>ÌÊ>}˜Þ‡
œÕÀÃʈ˜Ê£™™È¶Ê7iʅ>ÛiʘœÊ
ˆ`i>]Ê>Ì…œÕ}…ÊVœ«ˆ˜}Ê܈̅Ê>˜Ê՘…i«vՏ]Ê՘«Ài`ˆVÌ>LiÊLi>ÃÌÊ`iÌiÀ“ˆ˜i`Ê̜Ê̅ÀœÜÊޜÕÊÜ>ÃÊ
«ÀœL>LÞÊ}œœ`Ê«Ài«>À>̈œ˜ÊvœÀʏ>Û½ÃÊ`i>ˆ˜}ÃÊ܈̅Ê̅iÊÃÌiÜ>À`ÃÊ>Ìʜ˜â>ÊÀiVi˜ÌÞ°
" Ê7Ê,
j^[ocWZ[c[Ze_j
-1 9]Ê"
/",Ên]ÊÓääÈ
1)05046550/*."(&4

Similar documents

Fiscal presume limpia de 266 elementos (El Informador)

Fiscal presume limpia de 266 elementos (El Informador) , Ê>ÊÛiÀˆvˆV>Vˆ˜Ê`iÃۈi>`>ÊWÊ /,<Ê" Ê",Ê œÀ}iÊÞÊ Õ>ÀÌiÊWÊ ,+1 Ê , -Ê-  <ʺ Ài݈̻ÊÞÊ/ÀՓ«\Ê՘>Ê «>À>`œ>Ê`iʏ>ʅˆÃ̜Àˆ>ÊWÊ Ê, Ê -ÊIÊiÞʈ˜iŽiÀÊWÊ , -/"Ê$* <...

More information