ITLS SNOW MUCH FUN AT WISP RESORT!

'.+BVgh]=^aaGdVY
BX=Zcgn!BVgnaVcY'&*)&
(%&#(-,#).&&
l^hegZhdgi#Xdb
LZÉgZXadhZgi]Vcndji]^c`
Bdg\Vcidlc!LK!8jbWZgaVcY!B9
AZhhi]Vc&]djg
E^iihWjg\]!E6!=V\Zghidlc!B9!
L^cX]ZhiZg!K6!8aVg`hWjg\!LK
AZhhi]Vc']djgh
7Vai^bdgZ!B9!LVh]^c\idc!9#8#
AZZhWjg\!K6!8]VgaZhidc!LK!
=Vgg^hWjg\!E6
AZhhi]Vc(]djgh
8aZkZaVcY8dajbWjh!D=!
8]VgadiiZhk^aaZ!K6!L^ab^c\idc!9:
AZhhi]Vc)]djgh
>IÉHHCDL
BJ8=;JC
6IL>HE
G:HDGI
L
>H
G
E
:H
D
GI
L
>C
I:
G
8DB:IDI=:B DJCI6>CI=6I
6AL6NH=6HHC DL#
BVcnh`^gZhdgihXaV^bid]VkZi]ZWZhihcdlbV`^c\
Zfj^ebZci!WjiVXXdgY^c\idHB>HcdlBV`Zgh
>cXdgedgViZY!dcanL^heGZhdgi]VhÆi]ZbdhiZcZg\n
Z[ÒX^ZcihcdlbV`^c\hnhiZb^ci]ZldgaYÇ#
6idedjgbdjciV^c!i]ZEjbe]djhZjhZh&,edlZg[ja!
XdbejiZg"XdcigdaaZYejbehidh^e]dclViZg[gdb
cZVgWn9ZZe8gZZ`AV`Zid]ZaeL^heGZhdgiXgZViZ
VcYbdkZVc^cXgZY^WaZVbdjcid[hcdll]Zc
XdcY^i^dchVgZ_jhig^\]i#6cYl^i]&'X]V^gVcYhjg[VXZ
a^[ih!VhlZaaVh('lZaa"\gddbZYigV^ahVcY(eVg`h!
L^heÉhEjbe]djhZ^hXdci^cjdjhanejbe^c\dji
bdjciV^chd[[jc
I]ZgZÉhVahdeaZcind[hcdlaZ[idkZg[dg[Vb^anhcdl
ijW^c\ViL^heÉh7ZVg8aVlHcdlIjW^c\EVg`dg
hcdlbdW^a^c\Vii]ZCdgY^X8ZciZg#:meZg^ZcXZ
Ydlc]^aai]g^aahl^i]i]Zbdhijc^fjZnZVg"gdjcY
ViigVXi^dc^ci]ZB^Y"6iaVci^XÄL^heÉhBdjciV^c
8dVhiZg#Hcdl"YdjWiVWdji^i!L^heGZhdgiÉhndjg
\didYZhi^cVi^dcl]ZcndjcZZYid\d[dghcdl
8gZViZ"Ndjg"Dlc"
HCDL";jc
AdY\^c\EVX`V\Z
8Vaadjg8ZcigVaGZhZgkVi^dch
8ZciZgidYVnVcYaZijh]Zaendj
eaVci]Vi^YZVal^ciZg\ZiVlVn
)&'$).-$*/''
CekdjW_dIjWji<WYji0
;b[lWj_ed
Hjbb^iÄ(!&&*[i#
7VhZÄ'!)&*[i#
L[hj_YWb:hef
,%%[i#
Ibef[:_\ÓYkbjo
)&7Z\^ccZg
'->ciZgbZY^ViZ
(&:meZgi
Idem\Wbb
&%%Ç6ccjVaan
Ibef[9edZ_j_edi
<gddbZYYV^an
GZedgiZYYV^an
D_]^jEf[hWj_ed
DkZg.%d[iZggV^ca^i
[dgc^\]ih`^^c\g^Y^c\#
JhW_bIoij[c
('hadeZhigV^ahidiVa^c\
&%#*b^aZhdc&('VXgZhd[
iZggV^ceajhiZggV^ceVg`h
B_\jIoij[c
'FjVY8]V^ga^[ih
*Ig^eaZ8]V^ga^[ih
)8dckZndg8VgeZih
&Hjg[VXZIdl
Ceh[CekdjW_d
7Yj_l_j_[i
8gdhh"8djcignH`^^c\!
Hcdlh]dZ^c\!7ZVg8aVl
HcdlIjW^c\EVg`!
BdjciV^c8dVhiZg!
HcdlbdW^aZIdjgh
(%&#(-,#).&&™l^hegZhdgi#Xdb
L=:CEA6CC>C<N DJGL>CI:GIG>E
;gdbi]Zi^bZ=Zabji]=Z^hZ
[djcYZYL^he^c&.**!i]^h
bdjciV^c]VhWZZcVhcdl
YZhi^cVi^dcd[X]d^XZ[dgb^Y"
ZVhiZgcZgh#L^i]hadeZhi]ZZci^gZ
[Vb^anXVcZc_dnÄ[gdbWZ\^ccZg
idZmeZgiÄL^heGZhdgiÉh&('
VXgZhd[h`^VWaZiZggV^c!VcYdkZg
&%%^cX]Zhd[hcdl[VaaVccjVaan
eajhldgaY"XaVhhhcdlbV`^c\
bV`Z^ii]Zl]daZ[Vb^anÉh
YZhi^cVi^dc[dghcdl
eaVn^c\bZbdg^Zh#
6iL^heÉhEgdEVg`!
hcdlWdVgYZghXVcha^YZ)%
[ddigV^ah!_VbdcgV^cWdl
gV^ah!VcYaVjcX]hiZe"je
VcYhiZe"Ydlc[ZVijgZh!Vaa
l^i]^c(Y^[[ZgZciegd\gZhh^dc
eVg`h^cXajY^c\[ZVijgZh[dg
^ciZgbZY^ViZVcYWZ\^cc^c\
hcdlWdVgYZgh#HdcdbViiZg
l]VindjgaZkZa!lZÉkZ\dii]Z
g^\]i_Vbh!WjbehVcY_jbeh
id`ZZendj[ZZa^c\
Xddai]^hl^ciZg
(%&#(-,#).&&™l^hegZhdgi#Xdb
8GJ>H:
I=:HADE:H
DG?6B
I=:G6>AH
B^YlZZ`BVYcZhh
EVX`V\Z
HiVgi^c\ViDcan*.ee$ec
:c_dnadY\^c\a^[ii^X`Zi
kVa^Yb^YlZZ`!cdc"]da^YVn!gZhig^Xi^dchVeean#
I]Vc`ndj!6XZ!
[dg*)nZVghd[YgZVbhVcYbZbdg^Zh#
Bg#=Zabji]Æ6XZÇ=Z^hZ/&.',"'%%.
(%&#(-,#).&&™l^hegZhdgi#Xdb
JCA:6H=NDJG
>CC:GEGD
M_ifIa_H_Z[IY^eeb
L]Zi]ZgndjÉgZVWZ\^ccZgdgZmeZgi!L^heÉh
egd[Zhh^dcVa^chigjXidghl^aa]ZaendjbV`Zh`^^c\
g^Y^c\bdgZhcdl"eVX`ZY[jci]VcZkZgWZ[dgZ
VcY^begdkZndjgh`^aahidVl]daZcZlaZkZa#
AZVgceg^kViZandg^cV\gdje"ndjgX]d^XZ#
AZVgcIdH`^$G^YZEVX`V\Z^cXajYZhZfj^ebZci!
aZhhdca^b^iZYiZggV^ca^[ii^X`Zi#;dgV\Zh-VcYdaYZg#
B^YlZZ` LZZ`ZcY =da^YVn
AZVgcIdG^YZ$H`^ ,.
..
&%.
AZVgcId6[iZg' *.
*.
C$6
<gdje
(*
(*
(*
Eg^kViZ
-*
-*
-*
6YYÉa=djg
+%
+%
+%
6YYÉaEZghdc +%
+%
+%
B[WhdJeH_Z[
EZg[ZXi[dgbdb!YVYdgi]ZkZiZgVcg^YZg
add`^c\idaZVgchdbZi]^c\cZl#AZVgc
bdYZgchcdlWdVgY^c\iZX]c^fjZhdc
WZ\^ccZgheZX^ÒXZfj^ebZciid]Z^\]iZc
ndjgdc"hcdlZmeZg^ZcXZ#
AVY^ZhLZ`cdlldbZcVgZWj^aiY^[[ZgZcian
VcYaZVgcY^[[ZgZcianI]Z7jgidcLdbZcÉh
AZVgcIdG^YZEgd\gVbejihaVY^Zh^cV
hjeedgi^kZaZVgc^c\Zck^gdcbZciidbVm^b^oZ
i]Z^gdc"hcdlZmeZg^ZcXZ#
A^iiaZDcZhI]Z7jgidc@^YhAZVgcIdG^YZ
Egd\gVb\gdjeh`^Yh&'VcYjcYZgl^i]i]Z^g
eZZgh!VcYl^i]Zfj^ebZcii]ViÒihi]Z^g
]Z^\]iVcYlZ^\]i!iZVX]^c\bdYZgcbZi]dYh
i]ViegdYjXZ]VeenXVbeZgh
IZggV^cEVg`:ciZg^c\ViZggV^ceVg`XVcWZ
^ci^b^YVi^c\[dgcZlg^YZgh#I]Z7jgidcAZVgc
Id;gZZhinaZEgd\gVbiZVX]ZhegdeZgiZggV^c
eVg`Zi^fjZiiZVcYZbe]Vh^oZhi]ZH6;:[VXidg
Egd\gZhh^dcEVg`h=dcZndjgeVg`h`^aah
hV[ZanVcYbdgZZ[[ZXi^kZanl^i]7jgidc
Egd\gZhh^dcEVg`hI]^hegd\gVb[ZVijgZh
h^\cV\Zl^i]]Zae[jaig^X`i^eh!adlZgigV[ÒX
VcYhXVaZYYdlc[ZVijgZhidb^b^Xi]dhZ
^cVEgdEVg`#
8gZViZ"Ndjg"Dlc"
HCDL";jc
AdY\^c\EVX`V\Z
8Vaadjg8ZcigVaGZhZgkVi^dch
8ZciZgidYVnVcYaZijh]Zaendj
eaVci]Vi^YZVal^ciZg\ZiVlVn
)&'$).-$*/''
n!
u
f
,
n
w
ts
Parennd your o
go fi
^he
n6iL hidd#
V
l
d
4C
`^Y
]Z[jc
bh[dg
kZVaai gZViegd\gV
V
]
h
i
)
EVgZc
Z\di\
Zh-"&
ilZÉk
^heV\ idchd[
L
W
GZhdg
j
a
]
",8
Zb
Zhhl^i
V\Zh( VcYa^[iVXX \Z#9gdei]
e
h
^
V
h
L^aanL dch!gZciVa \gZVieVX` ZahZ#
\
hh
cZ
gni]^c
<ZiaZ aZY[jc^cd
d[ZkZ
a
Z
Ò
g
V
l
d
X
hc
`Z
lZiV
d[[VcY
i
+,
V\Zh V\Zh-"&& gd\gVbi]V
g
Z
Y
^
e
^[
V
a
]
B^c^G ^cG^eeZg
i
g^el^i
ZciVah
iV
Bdjc nXVcg^YZ [aZhhdch!g
d
]Z
Cdli hild]djgh ^cXajYZY#
Z
Y
V
j
al nh
^cXa
hcdlV
h
h
Z
X
VX
!
-
WdVgY
V\Zh' Ynidh`^dg nXVgZ
Z
g
V
V
V
8]^aY8 ncdiWZgZ ÄhddjgY
V
gZ
b
V
#
n
Y
Y
Z
V
Z
]
Z
9
I
bVcY
indjc
WjiBd ^h_jhil]V
b
egd\gV
&'
ÉkZ
\Zh* VgZcih4LZ cY
V
i
j
D
e
V
i
g
c
]
j
j
\
d
[
^
[
n
@^YhC gZV`[gdb ^i]Vc^\]id \Z#
V
W
Z
V
l
CZZY indjcZZY
jghVb
V
^Yhnd
\dil] ^i]di]Zg`
l
\VbZh
o
>eb_ZW
(:Woi
<kbb
\
b
W
>
[a
:Woi
C_Zm[
'&.
kbb (
<
(. \
b
&
W
>
"
"
""
<kbb
&..
>Wb\
&. &
i
""""
..
:Wo
""""
-.
.
&
.
&
+
e
^h
""""
L^aanL ^he
'&.
""""
L
W
.
j
a
%
&(.
&
8
"
"
"
"
"
"
"
"
&..
-.
^YZg
""""
&&.
B^c^G eZg
.
""""
.
^e
.
G
*
.
#
Bic
""""
+.
""""
VgZ
8
.
Y
)
^a
can
8]
hh^dcd
""""
^c\hZ
bdgc
).
^\]i
C
h
^Y
@
Dji
Z
d
M[[a[
H[iehj
F^ejeBeYWj_ed
9dcÉib^hhdji
GZhZgkVi^dch[dgVaaL^he@^Yo
egd\gVbhhigdc\angZXdbbZcYZY#
<^kZjhVXVaaidYVnVcYÒcYdji
]dlidbV`Zi]Zbdhi[jcdjid[
ndjgX]^aYÉhYVnl^i]jh
(%&#(-,#).&&™l^hegZhdgi#Xdb
HA>E"HA>9>CÉ
6L6N
IdemJkX_d]
7Z^c\V`^YdgVeVgZci^hgZVaanXddaViL^heÉh7ZVg
8aVlHcdlIjW^c\EVg`ÆHcdlbjX]WZiiZgÇi]Vcndjg
VkZgV\ZhaZYY^c\ZmeZg^ZcXZ!ndjÉaaZmeZg^ZcXZ\gVk^in
YZ[n^c\heZZYhVhndjÉgZeajc\ZYi]gdj\]Wg^h`!Xg^heV^g
Ydlcdjg&%hcdlijW^c\aVcZh#G^YZghcZZYWZViaZVhi
)'ÇiVaaVcYcdh`^aa^hgZfj^gZY
L]Zci]Zhcdl[Vaah!i]ZhjbbZgL^heDjiYddgh
6YkZcijgZ8ZciZgWZXdbZhi]Z7ZVg8aVlHcdlIjW^c\
lVgb^c\]jiD[[Zg^c\VXV[‚WVg!VhlZaaVhVgZiV^a
h]de[dgndjg7ZVg8aVlhdjkZc^gh!^iÉhi]ZeZg[ZXieaVXZ
idlVgbndjghZa[VcYWdVhiVWdjindjg[VhiZhiha^YZh#
B^YlZZ`
DeZcHZhh^dc
&*
LZZ`ZcY=da^YVnh ''
'=djgHZhh^dc
7ZVg8aVl
6YkZcijgZEVX`V\Z
HiVgi^c\ViDcan*-ee$ec
>cXajYZhadY\^c\!hcdlijW^c\
bdjciV^cXdVhiZgg^YZ
kVa^Yb^YlZZ`!cdc"]da^YVn!gZhig^Xi^dchVeean#
H[iehj
F^ejeBeYWj_ed
L^heGZhdgi]VhadihidYdl]ZcndjlVciidiV`ZV
WgZV`[gdbh`^^c\#DjgBdjciV^c8dVhiZg^hV\gVk^iVi^dcVa
XdVhiZgd[ejahZ"edjcY^c\!VYgZcVa^cZ"ejbe^c\!
Ydlc]^aa"Ygdee^c\ejgZl^ciZgVcYhjbbZg
ZmX^iZbZci#NdjXVcX]VaaZc\Zi]ZbdjciV^c^cVl]daZ
cZllVnViVheZZYndjXdcigda"^iÉha^`ZhaZYY^c\dc
gV^ahL]ViZkZgndjgi]g^aaa^b^ih!djgBdjciV^c8dVhiZg
l^aaejh]i]ZbidVcZlaZkZaVcYegdk^YZndjVcYndjg
[Vb^anl^i]i]Zjai^bViZl^ciZgg^YZd[i]Z^ga^kZh
NDJ9G>K:!
L:<J>9:
(%&#(-,#).&&™l^hegZhdgi#Xdb
L6N8DDA
8D6HI:G
@^YhVcYW^\`^YhVa^`ZXVcgVXZVXgdhheg^hi^cZedlYZg
dcdjgedlZghaZYh#;dgi]ZW^\`^Y^cVaad[jh!L^he
DjiYddghd[[Zgh(%"b^cjiZ\j^YZYhcdlbdW^aZidjghdc
\gddbZYigV^ah#;dgi]ZhbVaaZg`^Yh!L^hed[[Zghb^c^"
bdW^aZh[dg`^YhV\Zh+"&%#L]ViZkZgV\Z`^YndjVgZ!
L^heÉhhcdlbdW^aZhegdk^YZ[jaa"i]gdiiaZ[jc[dgZkZgndcZ
Idjghd[[ZgZYYV^an"
lZVi]ZgeZgb^ii^c\#
<j^YZYHcdlbdW^aZIdjg
(%"b^c
6Yjaih
**
8]^aYEVhhZc\Zg &*
B^c^"bdW^aZg^YZh
&%"b^c
8]^aYG^YZ/
&*
G^YZh
H^c\aZ &%
9djWaZ &*
(e`ÄH^c\aZ '*
(e`Ä9djWaZ )%
&%e`ÄH^c\aZ -%
&%e`Ä9djWaZ &(%
H[iehj
F^ejeBeYWj_ed
ND9:A>C<
E:GB>II:9
Hcdlh]dZ^c\^ha^`ZlVa`^c\dclViZgÄdcani]^hlViZg
^h[gdoZc:c_dnV_d\^ci]Zhcdl!lVa`l^i]i]Z`^Yh!dg
Vh^beaZ!aZ^hjgZanhigdaai]gdj\]djgl^ciZgldcYZgaVcY#
L^i]&*@Bd[\gddbZYhcdlh]dZigV^ahdcL^heGZhdgiÉh
<da[8djghZ!ndjÉgZhZi[dgVXdda!hcdlnX]Vc\Zd[eVXZ
i]ViÉh[jcVcYZcZg\^o^c\[dgZkZgndcZ
CdgY^Xdg8gdhh"8djcignh`^^c\^hi]Zjai^bViZl^ciZg
ÒicZhhhedgii]ViaZihndjZc_dni]ZWZVji^[jahXZcZgn
i]VidjgbdjciV^c]Vhidd[[Zg#BV`^c\jhZd[ZkZgn
bV_dgbjhXaZ\gdje!CdgY^Xh`^^c\WjgchbdgZXVadg^Zh
eZg]djgi]VcVabdhiVcnhedgi#:c_dnV[jaaWdYnXVgY^d
ldg`djidgVhZgZcZ!Xdjcignh^YZidjgÄCdgY^X$8gdhh"
8djcignh`^^c\^hl]VindjbV`Zd[^i#
GZciVah/
'=djg
9Vn
;jaa9Vn
'%
(%
)%
IgV^aEVhh/
B^YlZZ`
&%
LZZ`ZcY=da^YVnh &*
I]ZL^heDjiYddghCdgY^XGZiV^a8ZciZg]VhVaad[ndjg
\ZVgcZZYh!idZcVWaZndjidigVkZghZi]Z&*@Bd[\gddbZY
igV^ahadXViZYY^gZXianWZ]^cYi]ZL^heGZhdgi=diZa#
GZciVah/
'=djg
9Vn
;jaa9Vn
'%
(%
)%
IgV^aEVhh/
B^YlZZ`
LZZ`ZcY=da^YVnh
AZVgcidHcdlh]dZ
dg8gdhh"8djcignH`^
EVX`V\Z(.
>cXajYZh=djgAZhhdc!
'=djgGZciVaVcYIgV^aEVhh
&%
&*
(%&#(-,#).&&™l^hegZhdgi#Xdb
I6@:6L6A@
>CDJGH=D:H
I[m_Yab[oIfW
6[iZgX]^aa^c\VcYi]g^aa^c\djindjghcdl"eVX`ZYa^b^ihdc
i]ZbdjciV^c!eVbeZgndjghZa[l^i]hdbZYdlci^bZVi
I]ZHZl^X`aZnHeV#D[[Zg^c\bVc^XjgZh!eZY^XjgZh![VX^Vah!
bVhhV\Zh!WdYnlgVehVcYbjX]bdgZ!I]ZHZl^X`aZn
HeVl^aa]VkZndjXdonVcYXdciZci^ccdi^bZViVaa#
I^eff_d]
L]ViÉhVkVXVi^dcl^i]djiVa^iiaZgZiV^ai]ZgVen4
L]Zi]ZgndjcZZYVhdjkZc^gd[ndjgig^e!i]ZWZhi^cÓn"
Òh]^c\\ZVg!dgi]ZaViZhihinaZhVcYZfj^ebZciid`ZZe
ndj[Vh]^dcVWaZVcY[jcXi^dcVadci]ZhadeZh!L^heÉh\di
ndjXdkZgZY#HdXdbZ^cYddghid\Zindjgh]dedc
7ZVg8aVlH]de"ijW^c\eVg`
HjcYg^ZhHjX]"]diZaadWWn
Dgk^hH]de"adlZgaZkZad[adY\Z
GjYnÉhViL^he"adlZgaZkZad[adY\Z
H[iehjF^ejei
AZijhXVeijgZndjgL^hebZbdg^Zhi]^hl^ciZg#Add`
[dgdjge]did\gVe]ZghhVn8=::H:I]Zck^h^idcZ
d[i]ZgZhdgie]didadXVi^dchidk^ZlVcYejgX]VhZndjg
l^ciZgbZbdg^Zh#
(%&#(-,#).&&™l^hegZhdgi#Xdb
I=:<G:6I
>C9DDGH
(%&#(-,#).&&™l^hegZhdgi#Xdb
7:AAN
L6GB:GH
:9Êi8WhH[ijWkhWdj
BV^cAdY\ZqjeeZgaZkZa
8dbZ^ch^YZidVlVgbVcYXdonhZii^c\id
^cYja\Z^cVide"cdiX]bZVaVcni^bZd[YVn#
7gZV`[Vhi/
AjcX]/
9^ccZg/
^hZVcYh]^cZl^i]98Éhh^\cVijgZ
G
Y^h]Zha^`Zi]ZÈ:nZDeZcZgÉVcY
8gƒbZ7gjaZZ;gZcX]IdVhidghi^X`
l^i]i]Zig^ZYVcYigjZÈWj^aYndjgdlc
dbaZiZÉdgigVY^i^dcVaWVXdcVcYZ\\h#
8d[[ZZVcndcZ4
H
eZX^Va^o^c\^c8Zgi^ÒZY6c\jh
7ZZ[žWjg\Zgh"lZWj^aYÈZbW^\Ign
i]ZÈ9Zk^aÉh9gde7jg\ZgÉ[ZVijg^c\
dc^dcg^c\h!X]ZZhZ!77FhVjXZ
eZeeZgh#LZÉkZ\diW^\aZV[n\gZZch
iddA^`Zi]ZBZY^iZggVcZVcdg
>XZWZg\hVaVYh
BVgn]VYVa^iiaZaVbW!7dW]VYi]ZWZZ[
"8Zgi^ÒZY6c\jhži]Vi^h#6cYi]Z
ndjc\hiZgh!?VX`VcY?^aa!lZgZi]g^aaZY
l^i]hZaZXi^dchÒi[dgV`^YA^`ZVeZg[ZXi
[V^gniVaZ!eVhiVVcYhZV[ddYXdbeaZiZY
i]ZbZcj#
;jaaHZgk^XZ7Vg/ DcZd[9ZZe8gZZ`ÉhaVg\Zhil^cZXZaaVgh
VcYXgV[i"WgZlhZaZXi^dch8]ZZgh
M_if[hi8Wh
BV^cAdY\ZqjeeZgaZkZa
<eeZ9ekhj
BV^cAdY\ZqjeeZgaZkZa
8djciZghZgk^XZWZndcYndjgZmeZXiVi^dch9V^an
XgZVi^dchd[hiZVb^c\hdjeh!\g^aaZY[Vkdg^iZh!adVYZY
hVcYl^X]ZhVcY[gZh]e^ooVha^XZhl^aa
]VkZndjWVX`dci]ZhadeZh^ccdi^bZ#
®
8[Wh9bWm
IdemJkX_d]FWha9W\ƒ
7ZVg8aVlHcdlIjW^c\EVg`
;VhiijW^c\XVaah[dg[VhigZ"[jZa^c\#<gVWVW^iZVcYgZaVm
g^\]iVii]ZhcdlijW^c\eVg`#I]^h8V[‚7VghZgkZh
e^ooVh!hcVX`h!gZ[gZh]^c\Yg^c`hVcY\ddY
i^bZh[dgVaa
>cYddgdjiYddghZVi^c\^hVkV^aVWaZ#
Fkcf^eki[9W\ƒ
BdjciV^cidecZmiid6H8>l]^iZlViZgXdjghZ
LVgbjel^i]VXdaYdcZ#LZÉkZegdWVWan\dii]Z
\VbZdc!hdXdbZ^cVcYhXdgZVWVh`Zid[l^c\h
VcYdi]Zg]ZVginbjcX]^Zh#
IgnVhVcYl^X]i]ViÉhVhiVaaVhi]ZbdjciV^cDjg7dVgÉh
=ZVYbZVihVcYl^X]ZhVgZhZg^djhanhiVX`ZYHZcY
ndjgiVhiZWjYhVad[il^i]djgheZX^Vainhdjeh!YZhhZgih!
hcVX`h!Xd[[ZZVcYa^WVi^dch#
>cYddgdjiYddg
YZX`hZVi^c\^hVkV^aVWaZ#
>cYddgdjiYddghZVi^c\^hVkV^aVWaZ#
(%&#(-,#).&&™l^hegZhdgi#Xdb
6II=::C9D;
6<DD996N
L]ZcndjÉkZ]VYZcdj\]i]g^aa!X]^aadji^cdjghadeZh^YZ
]diZa#;gdbbdYZhihadeZ"h^YZgddbhidajmjgnhj^iZh
l^i]VXXZhhidi]Z8dcX^Zg\ZAdjc\Z!L^heGZhdgi=diZa
egdk^YZhL^;^^cVaagddbhVcYVÒicZhhXZciZgl^i]V
]ZViZY^cYddgeddaVcY]diijW#
>[ndjÉgZadd`^c\[dgVaiZgcVi^kZVXXdbbdYVi^dch[gdb
VXdon7ZYVcY7gZV`[VhiidVaVg\Z[Vb^angZciVa]dbZ!
djg8ZcigVaGZhZgkVi^dch8ZciZgl^aagZXdbbZcYi]Z
eZg[ZXieaVXZVcYh`^eVX`V\Z[dgndjgl^ciZg\ZiVlVn#
L^hed[[ZghbVcn\gZVi
HiVnVcYEaVnEVX`V\Zh
8VaajhidYVnVcYaZijh]ZaendjeaVc
i]Vi^YZVal^ciZg\ZiVlVn
)&'$).-$*/''
M_ifH[iehj>ej[b
9ed\[h[dY[9[dj[h
Hdndji]^c`lZÉgZVaaeaVnVcYcdldg`4I]^c`
V\V^c#I]ZL^heGZhdgi=diZa8dc[ZgZcXZ
8ZciZgd[[ZghVc^YZVahZii^c\[dgXdc[ZgZcXZh!
bZZi^c\h!lZYY^c\h!heZX^VaZkZcih!Wjh^cZhh
ig^eh!h`^VcY\da[\gdjehVcYgZaVm^c\$gdbVci^X
\ZiVlVnh#L^i]dkZg&,!%%%hfjVgZ[ZZid[ÓZm^WaZ
bZZi^c\VcYWVcfjZiheVXZ!i]ZL^heGZhdgi
=diZaVcY8dc[ZgZcXZ8ZciZgXViZghidndjg
\gdjeÉh^cY^k^YjVacZZYh#
8VaadjghVaZhiZVbidYVnVcYaZijheaVcndjg
cZmibZbdgVWaZZkZci#
(%&#(-,#).&&™l^hegZhdgi#Xdb
L>HEG:HDGI/
CDI?JHI
6L>CI:G
LDC9:GA6C9
H[i[hl[oekh
ikcc[hic_b[ijeZWo
:hXVeZ[gdbi]ZjhjVahVcYVcYhVainV^g
l^i]VhjbbZgkVXVi^dcViL^heGZhdgi#
8dbZhl^c\!XVhi!eZYYaZ!ha^YZVcY
bdgZ^ci]ZXg^he[gZh]bdjciV^cV^g
VWdkZ9ZZe8gZZ`AV`Z#HideWn
<jZhiHZgk^XZhid\ZiYZiV^ah[dg
ndjgcZmihjbbZgkVXVi^dc#
9ec[>ec[
>bV\^cZ½ndjgh`^X]VaZi_jhihiZeh[gdblZaa"\gddbZY
hadeZhdglVa`^c\idi]Za^c`hY^gZXian[gdbndjgWVX`
edgX]dci]Zeg^kViZ=VaZ>gl^cYZh^\cZYAdYZhidcZ
<da[8ajW4>iÉhVaaedhh^WaZViL^heGZhdgi#L]^aZ
ndjÉgZ]ZgZ!k^h^idcZd[djgGZVa:hiViZHVaZh8ZciZgh!
adXViZY^ci]ZBV^cAdY\ZdgbdjciV^cidel^i]^ci]Z
Ejbe]djhZ#AZVgc]dlidbV`ZL^heGZhdgiVcY
9ZZe8gZZ`AV`Zndjg[djghZVhdcYZhi^cVi^dc
A>;II>8@:I
>C;DGB6I>DC
H@>
HCDL7D6G9
G:CI6AH
:VganHZVhdc/
DeZc^c\9VnI79i]gj9ZXZbWZg&-!'%%.
EZV`HZVhdc/
9ZXZbWZg&.!'%%.i]gjBVgX]&)!'%&%
L^heGZhdgiH`^VcYHcdlWdVgYGZciVaÓZZi
d[[Zghcdi]^c\aZhhi]Vci]ZidecVbZWgVcYh^c
i]Z^cYjhignÄ7jgidchcdlWdVgYhVcY:aVcVcY
Gdhh^\cdah`^hl^aaWZndjgg^YZ[dgi]ZaZc\i]d[
ndjghiVn#
=da^YVnh/
9ZXZbWZg')!'%%.i]gj?VcjVgn(!'%&%
?VcjVgn&*i]gj?VcjVgn&,!'%&%
;ZWgjVgn&'i]gj;ZWgjVgn&)!'%&%
HedgigZciVahVgZbVYZ[dgWZ\^ccZgid^ciZgbZY^ViZ
g^YZgh"VkV^aVWaZdci]ZadlZgaZkZad[i]ZbV^c
adY\Z#6YkVcXZYidZmeZgih`^ZghVcYg^YZghXVc
hideWni]ZEZg[dgbVcXZGZciVa8ZciZgidX]ddhZ
[gdbVkVg^Zind[]^\]eZg[dgbVcXZ\ZVg#
I^X`ZiI^bZh/
GZciVah
;jaa
C^\]i
;nj[dZ[Z:WoJk[iZWoj^hkIWjkhZWo0.VbÄ.eb
IkdZWoCedZWo0.VbÄ*eb
Cehd_d]0.VbÄ&eb
Jm_b_]^j/&ebÄ.eb
D_]^j0*ebÄ.eb
H`^GZciVa
h`^h!W^cY^c\h!Wddih
(+
'(
HcdlWdVgYGZciVa
WdVgY!Wddih!VcYW^cY^c\h
(+
'(
EZg[dgbVcXZGZciVa
H`^$7dVgY
*(
(*
&%
Heg^c\HZVhdc/
BVgX]&*!'%&%i]gj8adh^c\9VnI79
;Whbo%Ifh_d]I[Wied
:Woi
<kbb
Cehd_d] Jm_b_]^j D_]^j
(:Wo
):Wo
=ZabZiGZciVa
6Yjai
('
(%
(%
''
+)
.%
?jc^dg '*
''
''
&*
*%
++
':fj^ebZci9VbV\ZLV^kZg
dei^dcVadcVaagZciVah#
(:Wo
):Wo
F[WaI[Wied
C_Zma
<kbb
6Yjai
Cehd_d] Jm_b_]^j D_]^j
(.
(+
(+
'-
,-
&%*
?jc^dg ()
'.
'.
'(
+-
.%
MadZ
<kbb
Cehd_d] Jm_b_]^j D_]^j
(:Wo
):Wo
6Yjai
*.
*'
*'
(*
&&-
&,&
?jc^dg (.
(,
(,
()
,-
&%-
>eb_ZWo
:Woi
<kbb
Cehd_d] Jm_b_]^j D_]^j
(:Wo
):Wo
6Yjai
+*
*.
*.
(-
&(%
&-+
?jc^dg )'
)%
)%
(+
-)
&&,
@kd_eh3'(kdZ[h
+o[WhiWdZkdZ[hIa_%H_Z[<H;;Ckijl_i_jj_Ya[jm_dZem
L
:
C[i[hl[oekh[ H
edb_d
i
b
W
j
d
h[
hj$Yec
e
i
[
h
m_if