Professional Documents
Culture Documents
Clube 2 Traduzido
Clube 2 Traduzido
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
_f heicebWh4 h l_i e Ze Z_WX j i W kZe
Z iYecf diWZe c fWY_ dj i WZkbjei
?ihW EWhib_e bk @hWdY i +;co = >ed_ _ ,GWho N Eehojaemia_+
>_l_i e Z ?dZeYh_debe _W
23CDB2D
+
fWY_ dj i(+ ,Cije fWhj_YkbWhc dj _cfehjWdj fWhW fWY_ dj i Whj_ ei _dYbk_dZe kcWdei( =edi_Z hWcei _cfehjWdj W
gk Wfh i djWc Y jeWY_Zei Z_WX j_YW k b_Y c_YW gk _dYbki e Z ijkZei Yec c deh d c he Z fWhj_Y_fWdj i fe_i
kc j hce kiWZe fWhW Z iYh l h Y jeWY_Zei Z_WX j_YW ij i Yedij_jk c W cW_eh_W Zei ijkZei fheif Yj_lei jWdje
WYecfWd WZW Z b_Y c_W WXW_ne Ze if hWZe(+ / 1 3 +* fWhW Y jeWY_Zei Z_WX j_YW gkWdje fWhW MBB( NWcX c ij e
I f Xb_Ye'Wble Z ijW h l_i e i e dZeYh_debe _ijWi _dYbk£ZWi h l_i i h jheif Yj_lWi Z XWdYei Z ZWZei Wii_c
c Z_Yei eif_jWbWh i ekjhei c Z_Yei ek fhe _ii_edW_i Yece kc h bWje Z YWie gk _bkijhW e hWhe Z i dlebl_c dje Z
Z iW Z dlebl_Zei de Yk_ZWZe Z fWY_ dj i WZkbjei Yec Z cW Y h XhWb c kc fWY_ dj WZkbje(++@ehWc nYbk£Zei
ek c h_iYe Z Y jeWY_Zei Z_WX j_YW MBB( Whj_ ei fkXb_YWZei c f h_ Z_Yei d e h l_iWZei feh fWh i ek
;fh i djWcei W f_Z c_ebe _W _i_efWjebe _W YWkiWi gk d e ijWlWc Z_ifed£l _i de JkXG Z( Jh_eh_pWcei
fh Y_f_jWdj i Wfh i djW e Yb£d_YW cWd `e W kZe fkXb_YW i ZW bj_cW Z YWZW YeXh_dZe W f_Z c_ebe _W e
Yecfb_YW i fh l d e Z ii i Z_ij hX_ei( ;b c Z_iie jhWjWc dje ZW Y jeWY_Zei Z_WX j_YW MBB c fWY_ dj i
h l_iWcei Wb kcWi ZWi Yedjhel hi_Wi WhcWZ_b Wi WZkbjei( NWcX c fh_eh_pWcei W _dYbki e Z cWdkiYh_jei gk
eXi hlWZWi de cWd `e Z ii i fWY_ dj i( fhefehY_edWii c nWc i b Wdj i ZW _i_efWjebe _W ZW
2U SG UGVG TU TGQ J *
?MN;>I >; ;LN? L ?P C ?Q
kc h dZ_c dje Z , . c_b c_b i Z Z bWh i + 3 c_b c_b i Z b_XhWi5 , + c_b c_b i
GH QG q4VO eVOT JOGMSh OIT UGVG I TGIOJT JOGHe OIG R GJ Q T
Z khei feh Wde dei ?O;(+*He L _de Od_Ze e Ykije c Z_e Z kc f_i Z_e Z
4VO eVOT 252 2246 246*
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
B OST ESOJT
Y jeWY_Zei Z_WX j_YW ij_cWZe c r ,(*0. ,(02,5 ,(-2. feh fWY_ dj (+2
;de Z fkXb_YW e ,**3 ,*+- ,*+0
=edY djhW eZ b_Yei fbWic j_YW 8+- 3 ,/* c )ZF $ 8 ++ 8,** c )ZF ek H)>
; Y jeWY_Zei Z_WX j_YW hW kcW Ze d W WjWb Wdj i ZW
cceb)F Z_WX j i Yed Y_Ze Z iYeX hjW ZW _dikb_dW c +3,+( J hje Zei +** Wdei Z
fB F l 4 1 ,/'1 -*5 ceZ hWZe4 61 - hWl 4 61 * 61 - Z_ifed_X_b_ZWZ ZW _dikb_dW W cehjWb_ZWZ h bWY_edWZW z
1 **'1 ,.5 hWl 4 61 **
Y jeWY_Zei Z_WX j_YW dW fefkbW e WZkbjW Z_c_dk_k
=edY djhW e Z X_YWhXedWje F l 4 +/'+25 ceZ hWZe4 6+/ hWl 4 6/ H)>
fhe h ii_lWc dj fWhW c dei Z + (+-= hjei hkfei Z fWY_ dj i
cceb)F ek c?g)F +*'+. 35 hWl 4 6+*
Wfh i djWc jWnWi Z cehjWb_ZWZ Z Wj / _dYbk_dZe fWY_ dj i
AWf Wd_ d_Ye4 HW% =b %B=I - F l 4 8+*5 ceZ hWZe4 8+,5 H; hWl 4 8+0 8 +*
hWl 4 8+, Yec YecehX_ZWZ i i_ d_ _YWj_lWi Wgk b i c _ZWZ WlWd WZW(+3;
;Y jeWY jWje Z kh_dW Jei_j_le Jei_j_le Jei_j_le MBB gk eYehh cW_i Yeckc dj c _Zeiei Yec YecehX_ZWZ i
h W e d_jhefhkii_Wje
ikX`WY dj i j c kcW jWnW Z cehjWb_ZWZ Z +*',* (2 ,*
' _Zhen_Xkj_hWje iWd k£d e H)> -+ c )ZF hWl 4 80 .* c )ZF
I _dj h ii e_ h delWZe dW Y jeWY_Zei Z_WX j_YW k b_Y c_YW
cceb)F
gk e_ Z iYh_jW f bW fh_c _hW l p Yece kcW i h_ Z YWiei Z -1
?ijWZe c djWb F l 4 Wb hjW5 ceZ hWZe4 Wb hjW ek H)> Medeb dY_W ijkfeh ek
iedeb dje5 hWl 4 ijkfeh ek YecW YecW fWY_ dj i Wfh i djWdZe b_Y c_W WXW_ne Z -** c )ZF(3;
;;=?);=?7;iieY_W e ;c h_YWdW Z ?dZeYh_debe _ijWi =b£d_Yei)=eb _e ;c h_YWde Z ?dZeYh_debe _W5 ;>;7;iieY_W e ;c h_YWdW Z >_WX j i5 Y jeWY_Zei Z_WX j_YW k b_Y c_YW feZ h ikbjWh c WjhWie de
H;7d e _dYbk£Ze de ZeYkc dje Z eh_ djW e(
Z_W d ij_Ye jhWjWc dje X c Yece fej dY_Wb fWhW Yedi gk dY_Wi
$ ; Z_h jh_p ZW ;>; Z ,*+3 ehd Y WjkWb_pW e W ijW Z_h jh_p Z ,**3 W ehW W _hcW4 B kcW lWh_WX_b_ZWZ Yedi_Z h l b
lWh_WdZe Z k b_Y c_W ek _f h b_Y c_W b l WY_Zei Wj _f h b_Y c_W hWl Z i_ZhWjW e YecW (0 c jWX b_YWi WZl hiWi(+1> iZ W h Y dj _djheZk e Zei _d_X_Zeh i
' _Zhen_Xkj_hWje WjkWb_pWZe fWhW 8- cceb)F dW h l_i e WjkWb_pWZW Z ,*+0 Y_jWZW dW Z_h jh_p ZW ;>; Z ,*+3(0 1 Ze MAFN, ehWc fkXb_YWZei l h_ei h bWjei Z YWiei i h_ i
Z iYh l dZe Y jeWY_Zei Z_WX j_YW k b_Y c_YW c fWY_ dj i
R G q4VO eVOT JOGMSh OIT UGVG GJT NOU VT RTQGV NOU VMQOIfROIT R GJ Q T
jhWjWZei Yec ii i W dj i(,+',-He djWdje W dj_ZWZ ZW
Y jeWY_Zei Z_WX j_YW k b_Y c_YW d e i b_c_jW Wei fWY_ dj i gk
4VO eVOT 252 B OST ESOJT)
;de Z fkXb_YW e ,**3 ,*+/ kiWc _d_X_Zeh i Ze MAFN, fe_i jWcX c e_ Z iYh_jW de Yedj nje
=edY djhW eZ b_Yei fbWic j_YW cceb)F 8 -- - Z jhWdijehdei feh kie Z bYeeb hWl_Z p Ze d W f j_YW
fB 8 1 -* 8 1 -* Yh d_YW(3 ,.
=edY djhW e Z X_YWhXedWje cceb)F 8 +2$ 8 +/
AWf Wd_ d_Ye4 HW% =b %B=I - H)> H)> 7O OTUG TQTMOG
;Y jeWY jWje Z kh_dW h W e Z d_jhefhkii_Wje H Wj_le ek fekYe fei_j_le H)> NWdje W Y jeWY_Zei Z_WX j_YW gkWdje W MBB h ikbjWc Z
' _Zhen_Xkj_hWje iWd k£d e cceb)F 6- Z _Y_ dY_W h bWj_lW ek WXiebkjW Z _dikb_dW `kdjWc dj Yec kc
IicebWb_ZWZ cceb)a 8 -,* Wkc dje dWi YedY djhW i Y_hYkbWdj i Z ehc d_ei
;fh i djW e ?ijkfeh ek YecW > i_ZhWjW e hWl cWb' ijWh YedjhWhh kbWZeh i _ khW (+ ,/
;>;7;iieY_W e ;c h_YWdW Z >_WX j i5 H;7d e _dYbk£Ze de ZeYkc dje Z eh_ djW e(
$ ;jkWb_pWZe fWhW 8+/ cceb)F dW h l_i e WjkWb_pWZW Z ,*+0 Y_jWZW dW Z_h jh_p ZW ;>; Z ,*+3(0 1
; Z_h jh_p ZW ;>; YWbYkbW W eicebWb_ZWZ fbWic j_YW j_lW kiWdZe W gkW e ,yHW% b_Yei cceb)F ek ,yHW% b_Yei 7O OTUG TQTMOG JG I TGIOJT JOGHe OIG
c )ZF )+2(
HW i_jkW e Yb£d_YW WX_jkWb kc Wkc dje dei ehc d_ei
;i Z_h jh_p i Ze L _de Od_Ze YWbYkbWc W eicebWb_ZWZ kiWdZe W gkW e ,yHW% b_Yei cceb)F % d_jhe d_e kh _Ye de iWd k cceb)F ek
; h gk dY_W ZW Y jeWY_Zei Z_WX j_YW Wkc djek ZkhWdj W kc Wkc dje dWi YedY djhW i Y_hYkbWdj i Z Yehj_ieb(,1
bj_cW Z YWZW Yec cW_i Z +0*(*** _dj hdW i eif_jWbWh i ,2 ; b_Yed e d i f j_YW e fh_dY_fWb c YWd_ice fWhW
c ,*+1 dei ?O;(+, +-OcW Wd b_i h Y dj Z iYeXh_k gk Wi W _f h b_Y c_W dW Y jeWY_Zei cWi W b_Yed e d i
_dj hdW i eif_jWbWh i feh Y jeWY_Zei Z_WX j_YW h dWb jWcX c Yedjh_Xk_(,3'-+
Wkc djWhWc de L _de Od_Ze fWhW fWY_ dj i Yec Z_WX j i He j Y_Ze WZ_feie W YecX_dW e Z Z _Y_ dY_W hWl Z
j_fe + j_fe ,(+.; MBB c dei Yeckc h fh i djW c dei _dikb_dW Yec YedY djhW i b lWZWi Z ehc d_ei
Z + Z jeZWi Wi _dj hdW i h bWY_edWZWi We Z_WX j i(+/ YedjhWhh kbWZeh i Wj_lW W b_fWi i di£l b W ehc d_ei b lWdZe W
I Wkc dje eXi hlWZe dWi _dj hdW i eif_jWbWh i fWhW kc Wkc dje dei Y_Zei hWnei b_lh i Y_hYkbWdj i(-+'-.
c h dY_Wi Z_WX j_YWi j c l h_Wi nfb_YW i feii£l _i( ?ij i I nY iie Z Y_Zei hWnei b_lh i en_ZWZe c WY jeWY jWje
_dYbk c W Yh iY dj fh lWb dY_W ZW Z_WX j i X c Yece WYjeh i ' _Zhen_Xkj_hWje dWi c_jeY dZh_Wi f j_YWi h ikbjWdZe c
fi_YeiieY_W_i YkbjkhW_i Yed c_Yei gk ck_jWi l p i b_c_jWc e Y jed c_W WY_Zei (-/I bkYW ed WY b hW W hW eZ
WY iie z _dikb_dW Wei Yk_ZWZei c Z_Yei WcXkbWj h_ei(+- +0 +1 Y jed c_W _f h b_Y c_W de ijWZe Z Z _Y_ dY_W Z
; Y jeWY_Zei Z_WX j_YW YWkiW kc Wije c Z_Ye ij_cWZe _dikb_dW cWi Yece c dY_edWZe Wdj h_ehc dj
2U SG UGVG TU TGQ J *
?MN;>I >; ;LN? L ?P C ?Q
DEFICIENCIA ABSOLUTA DE
INSULINA
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
CETOACIDOSE DIABÉTICA
HORMONIOS CONTRARREGULADORES
GLICOGÊNESEA
ENZIMAS
GLICOGENÓLISE
GLUCOGÊNICAS HIPERGLICEMIA DIVRESE OSMÓTICA
UTILIZAÇÃO DA GLICOSE
ANOMALIAS ELETROLÍTICAS
FFADROFIAO
LIPASE SENSÍVEL
GLUCOGÊNESE A
ENZIMAS
GLICOGENESE ↑ DIVRESE OSMÓTICA
GLUCOGÊNICAS HIPERGLICEMIA
UTILIZAÇÃO AGICOSE
ANOMALIAS
LIPASE SENSÍVEL A CETOGENESE Ausente ELETROLÍTICAS
HORMÔNIOS Ou Mínima
HIPEROSMOLARIDADE
DESIDRATAÇÃO
d e ii dY_Wb fWhW e Z i dlebl_c dje Z Y jeWY_Zei Z_WX j_YW( _d Y e i k_ZW feh dele WfWh Y_c dje Z Z_WX j i ekjhei
;b c ZW ikf hfheZk e Z Yehfei Y j d_Yei W Z fkhW e jWcX c ijh iieh i c jWX b_Yei(-1'-3= hjei c Z_YWc djei _dYbk_dZe
Z_c_dk_ dW Y jeWY_Zei Z_WX j_YW(,/ -0 b_YeYehj_Y _Z i nY iie Z Z_kh j_Yei Wdj_fi_Y j_Yei Wj£f_Yei
NWdje W _f h b_Y c_W gkWdje Wi WbjWi YedY djhW i ekjhei feZ c fh Z_ifeh z _f h b_Y c_W hWl Y jeWY_Zei
Y_hYkbWdj i Z Yehfei Y j d_Yei h ikbjWc c Z_kh i Z_WX j_YW MBB(,* .*
eic j_YW gk b lW z _feleb c_W ikXi gk dj Z_c_dk_ e
ZW jWnW Z _bjhW e bec hkbWh( ; Z_kh i eic j_YW fhecel 4G G UV IOUO GS JG I TGIOJT JOGHe OIG
f hZW b£gk_ZW Z i Z_e fej ii_e Y bY_e cW d i_e Ybeh je Hkc hWdZ _dgk h_je h Wb_pWZe Yec ,2- fWY_ dj i _dj hdWZei
ei Wje Yedjh_Xk_dZe W_dZW cW_i fWhW WdehcWb_ZWZ i dkc Zei 1, eif_jW_i Ze L _de Od_Ze W _d Y e e_ _Z dj_ _YWZW
b jheb£j_YWi WiieY_WZWi z Y jeWY_Zei Z_WX j_YW(,/; Z fb e Yece e WYjeh fh Y_f_jWdj cW_i Yeckc ZW Y jeWY_Zei Z_WX j_YW
fhe h ii_lW Z lebkc b lW z Z_c_dk_ e ZW jWnW Z _bjhW e ./ i k_ZW f bW ec_ii e Z _dikb_dW ,* 5 ekjhWi YWkiWi
bec hkbWh Yec h Zk i WZ_Y_edW_i dW Z fkhW eZ b_Yei _dYbk£hWc Z_WX j i h Y c'Z_W deij_YWZe fheXb cWi h bWY_edWZei
Yehfei Y j d_Yei Yedjh_Xk_dZe W_dZW cW_i fWhW Yec bYeeb ek Zhe Wi(.+ .,; ec_ii e Z _dikb_dW feZ i h eXi hlWZW
_f h b_Y c_W _f heicebWb_ZWZ WY_Zei c jWX b_YW(,/ c fWY_ dj i Z jeZWi Wi _ZWZ i cW_i Yeckc dj eXi hlWZW
dWgk b i Yec Z_ij hX_ei Wb_c djWh i ie h_c dje fi_Yeb _Ye
7O OTUG TQTMOG JG C99 c Ze Z _fe b_Y c_W c Ze Z Wd e Z f ie(-3Ikjhei Wjeh i
; fWje d i ZW MBB Z_ h ZWgk bW ZW Y jeWY_Zei Z_WX j_YW WiieY_WZei z ec_ii e Z _dikb_dW _dYbk c W _dYWfWY_ZWZ Z fW Wh
fehgk kc hWk cW_i hWl Z Z i_ZhWjW e ij fh i dj f bW _dikb_dW W _Z _W Z gk W _dikb_dW Z l i h ikif diW gkWdZe W
_Ze feh Z_h _jei WkjehW_i(
Z l_Ze z Z_kh i eic j_YW z Wki dY_W Z Y jei )Y jed c_W Ze d W _dj h h dW Wb_c djW e W ec_ii e _dWZl hj_ZW Z kcW
i_ d_ _YWj_lW(+ - . 1OcW YedY djhW e cW_i b lWZW Z _dikb_dW Zei Z _dikb_dW hWhWc dj cWk kdY_edWc dje ZW XecXW(
f j_YW Y_hYkbWdj feZ h_W nfb_YWh fWhY_Wbc dj W Wki dY_W
e(+1 -2 -3
Z Y jei i_ d_ _YWj_lW c fWY_ dj i Yec MBB(- H e i e Wf dWi ei fWY_ dj i gk _dj hhecf c W j hWf_W Yec
JWY_ dj i gk Wfh i djWc MBB Wfh i djWc YedY djhW i cW_i XW_nWi _dikb_dW( HW f igk_iW Ze L _de Od_Ze Z iYh_jW WY_cW cW_i Z 1 Zei
Z Y_Zei hWnei b_lh i Yehj_ieb ehc d_e Ze Yh iY_c dje bkYW ed Ze YWiei Z Y jeWY_Zei Z_WX j_YW eYehh hWc dkcW fefkbW e Z fWY_ dj i
gk Wgk b i gk Wfh i djWc Y jeWY_Zei Z_WX j_YW( JWY_ dj i Yec MBB _dj hdWZei(.+H i ei fWY_ dj i gk h l_iWhWc ij cWdkiYh_je
feZ c Wfh i djWh WY_Zei c jWX b_YW b l Z l_Ze W _dik _Y_ dY_W h dWb eXi hlWcei i_jkW i c gk W j hWf_W Yec _dikb_dW hhed Wc dj
Z i_ZhWjW e(,* ikif diW c fWY_ dj i _dj hdWZei de eif_jWb Yec Z_WX j i j_fe + gk
i e YebeYWZei c ` `kc fWhW fheY Z_c djei Y_h h _Yei ek ekjhei(
4G G UV IOUO GS ;b kdi fh ijWZeh i Z Yk_ZWZei Z iW Z jWcX c Wp c ikfei_ i
Ii Wjeh i fh Y_f_jWdj i cW_i Yeckdi dW Y jeWY_Zei hhWZWi Z gk fWY_ dj i Yec cW_i Z /* Wdei Z _ZWZ j c Z_WX j i
Z_WX j_YW MBB i e j hWf_W _dikb£d_YW _dWZ gkWZW j_fe , feZ c jeb hWh W c dijhkW e(
2U SG UGVG TU TGQ (J *
?MN;>I >; ;LN? L ?P C ?Q
Z ec_ii e Z _dikb_dW gkWdZe _dj hdWZe de eif_jWb feh Ze d W ?n_ij kcW h bW e Z_h jW djh _f heicebWb_ZWZ
W kZW ek fheY Z_c djei Y_h h _Yei Yec XWi c eXi hlW i Z fh ii e i dieh_Wb c fWY_ dj i gk Wfh i djWc b_Y c_W
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
nf h_ dY_Wi f iieW_i ( ;b c Z_iie W j hWf_W Yec _dikb_dW feZ i h WY_cW Z -- - cceb)F 0** c )ZF YedY djhW i
hhed Wc dj ikif diW ek Z iYedj_dkWZW c fWY_ dj i _di_ d_ _YWdj i Z Y jedWi(,* /,JWY_ dj i gk Wfh i djWc
_dj hdWZei de eif_jWb Yec kc Z_ifei_j_le Z XecXW Z _dikb_dW Y jeWY_Zei Z_WX j_YW _dYbk_dZe Y jeWY_Zei Z_WX j_YW
Z l_Ze z WbjW Z Wc_b_Wh_ZWZ Yec ii i Z_ifei_j_lei feh fWhj Ze k b_Y c_YW MBB fh Y_iWc Z dYWc_d Wc dje _c Z_Wje
f iieWb Ze eif_jWb(.-'./ fWhW WlWb_W e jhWjWc dje Z c h dY_W(
Ii _d_X_Zeh i Ze MAFN, ehWc _Z dj_ _YWZei Yece W dj i
YWkiW_i c l h_ei YWiei h bWjWZei Z Y jeWY_Zei Z_WX j_YW =GS PT GM JT
k b_Y c_YW(,- .0OcW Z_iYkii e ieXh Yece ii i W dj i I jhWjWc dje ZW Y jeWY_Zei Z_WX j_YW ZW MBB _dYbk_
Yedjh_Xk c fWhW W Y jeWY_Zei Z_WX j_YW ij Wb c Ze iYefe b£gk_Zei hWbc dj WZc_d_ijhWZei feh l_W _djhWl deiW
Z ij cWdkiYh_je ei b _jeh i i e dYWc_d WZei fWhW Z_l hiWi b jh b_jei _dikb_dW( CZ dj_ _YWh W YWkiW Ze Z_WX j i W kZe
fkXb_YW i dWi gkW_i _iie Z_iYkj_Ze(.1'.3Ii Wjeh i Z h_iYe fWhW Z iYecf diWZe _cfehjWdj cWi _iie d e Z l YWkiWh
Y jeWY_Zei Z_WX j_YW k b_Y c_YW Yec _d_X_Zeh i Z MAFN, WjhWie de jhWjWc dje( Ii fWY_ dj i i ki Wc_b_Wh i
_dYbk c Z_WX j i Wkje_ckd bWj dj dW _ZWZ WZkbjW Y_hkh _W if Y_Wbc dj Wgk b i gk Wfh i djWc i_djecWi cW_i hWl i
Z_ jWi Yec XW_ne j eh Z YWhXe_ZhWjei h j_hWZW ek h Zk e Z Zei Z Y jeWY_Zei Z_WX j_YW ek MBB ck_jWi l p i Z iYh l c W
Z _dikb_dW Ze d W c Z_YW W kZW( Wdi_ ZWZ Yece fWhj Z ikW Wfh i djW e W kZW( OcW
Ikjhei Y d h_ei Yb£d_Yei WiieY_WZei z Y jeWY_Zei Z_WX j_YW nfb_YW e Ze gk ij W WYedj Y h Ze Ykhie fh l_ije ZW
k b_Y c_YW _dYbk c hWl_Z p Z_c_dk_ e ZW _d ij e ij e feZ Wb_l_Wh Wb kcWi Z ijWi fh eYkfW i WXh_h
YWb h_YW kie nY ii_le Z bYeeb Ze d W f j_YW Yh d_YW(,+ Z_iYkii i ieXh Yece _ije feZ i h l_jWZe de kjkhe l h
/*I Yed Y_c dje Z ii i Wjeh i _cfehjWdj fWhW l_jWh i Y e Z fh l d e WXW_ne (
f hZ h e Z_W d ij_Ye Z Y jeWY_Zei Z_WX j_YW WjhWiWh e @e_ Z cedijhWZe gk e kie Z Z_h jh_p i fhejeYebei
jhWjWc dje(/* fWZhed_pWZei c fWf b YecfkjWZeh_pWZei fWhW e cWd `e ZW
Y jeWY_Zei Z_WX j_YW Z_c_dk_ e j cfe fWhW e Y Wc dje Ze _Wje
4G G UV IOUO GS J 99C Wd_ d_Ye h Zkp e j cfe Z _dj hdW e eif_jWbWh c_d_c_pW Wi
; MBB eYehh cW_i Yeckc dj cWi d e nYbki_lWc dj c Yecfb_YW i ZkhWdj e jhWjWc dje ZW Y jeWY_Zei Z_WX j_YW(/-'/1
_Zeiei Yec Z_WX j i j_fe , YecehX_ZWZ i WiieY_WZWi( Ii Wjeh i He djWdje c ice gkWdZe ei fhejeYebei ij e Z_ifed£l _i ei
fh Y_f_jWdj i _dYbk c fd kced_W .* 0* _d Y i Ze jhWje fhe _ii_edW_i Z iW Z ij e Y_ dj i Z b i W WZ i e ck_jWi l p i
kh_d h_e / +0 ek ekjhWi YedZ_ i W kZWi Yece Ze d W hWYW(.+ ., /2Ii fhejeYebei Z jhWjWc dje Z l c i h YedY X_Zei
Wb kdi ek jeZei ei i k_dj i i_djecWi4 feb_ h_W feb_Z_fi_W c jWX b_Ye fh Y_iWc i h _dj hdWZei c kd_ZWZ eif_jWbWh Yec
d ki Wi l c_jei Zeh WXZec_dWb Z_ij hX_e l_ikWb b jWh _W f iieWb jh _dWZe h Ykhiei fWhW ced_jeh_pW e _dj di_lW
Wbj hW e i dieh_Wb jWgk_YWhZ_W jWgk_fd _W h if_hW eZ WZc_d_ijhW eZ bk_Zei _djhWl deiei fej ii_e _dikb_dW( ; ;>;
EkiicWkb Yec b_je hkjWZe( Ii fWY_ dj i hWbc dj W De_dj <h_j_i >_WX j i MeY_ j_ i eh Cd JWj_ dj =Wh fkXb_YWhWc
Wfh i djWc Z fb e hWl Z lebkc Yec _fej di e Z_h jh_p i fWhW e jhWjWc dje ZW Y jeWY_Zei Z_WX j_YW cWi iiWi
ehjeij j_YW( JWY_ dj i Yec Y jeWY_Zei Z_WX j_YW k b_Y c_YW Z_h jh_p i Wfh i djWc Z_l hiWi Z_ h d Wi( ?ijWi Z_ h d Wi Z l c'
i YkdZ h_W We jhWjWc dje Yec kc _d_X_Zeh Z MAFN, feZ c i fh_dY_fWbc dj z WbjW Z l_Z dY_Wi fkXb_YWZWi fWhW eh_ djWh e
j h c dei feb_ h_W feb_Z_fi_W Z l_Ze We hWk cW_i b l Z jhWjWc dje c ck_jWi h Wi(0-;f iWh Z_iie W Z_h jh_p ZW ;>; e_
_f h b_Y c_W feZ c Wfh i djWh cWb' ijWh Wdeh n_W WcfbWc dj Z_ijh_Xk£ZW kiWZW _dj hdWY_edWbc dj Y_jWZW cW_i
jWgk_YWhZ_W ek jWgk_fd _W Yec ek i c Xh (,.JWY_ dj i Yec Z 0** l p i(0-;b c Z_iie kcW f igk_iW Yec ++2 gk_f i Yb£d_YWi
MBB h gk dj c dj Wfh i djWc d£l b Z YediY_ dY_W Z Z_WX j i Ze L _de Od_Ze Z iYeXh_k gk W Z_h jh_p Ze L _de
Wbj hWZe e gk feZ cWiYWhWh ei i_djecWi WX_jkW_i Z Od_Ze e_ WZejWZW feh cW_i Z 3* Zei djh l_ijWZei(+* 0/
_f h b_Y c_W(
2U SG UGVG TU TGQ )J *
?MN;>I >; ;LN? L ?P C ?Q
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
7Q OJT OS VG ST T 6Q VhQO T Wj gk kc Z Yb£d_e YedijWdj ZW b_Yei i `W
+ Oi iebk e Z Ybeh je Z i Z_e W * 3 iebk e iWb_dW + JWY_ dj i Yec =;> Wfh i djWc fej ii_e YehfehWb jejWb WbYWd WZe( KkWdZe W b_Y c_W eh 6++ cceb)F 6,**
dehcWb fWhW h fei_ e _d_Y_Wb Z bk_Zei( Z _Y_ji gk Z l c i h h feijei Wf i W WlWb_W e c )ZF W`kij W jWnW Z Z njhei ek _dikb_dW
´ ;>;4 +(***'+(/** cF Z iebk e iWb_dW dehcWb ZkhWdj W ZW kd e h dWb WZ gkWZW Z X_je kh_d h_e _djhWl deiW fWhW cWdj h W b_Y c_W dW W_nW Z 2'++
fh_c _hW ehW ´ ;>;4 ,*'-* cceb ,*'-* c?g Z fej ii_e c cceb)F +/*',** c )ZF Wj gk W =;> i `W h iebl_ZW
´ L _de Od_Ze4 +(*** cF Z iebk e iWb_dW dehcWb ZkhWdj W fh_c _hW YWZW b_jhe Z bk_Ze Z _d ki e gkWdZe e
ehW fej ii_e i h_Ye eh 6/ , cceb)F 6/ , c?g)F ´ L _de Od_Ze4 ;kc djWh W jWnW Z _dikb_dW _djhWl deiW
h Yec dZW +(*** cF Z iebk e iWb_dW dehcWb ZkhWdj W fh_c _hW Yedj_dkW e ZW iebk e iWb_dW dehcWb ZkhWdj jeZe e jhWjWc dje
ehW( ?cXehW W iebk e iWb_dW dehcWb Yedj d W kcW YedY djhW e ZW Y jeWY_Zei Z_WX j_YW(,
ikfhW _i_eb _YW Z Ybeh je gk fej dY_Wbc dj b lW z WY_Zei H d kc ijkZe fkXb_YWZe Wfe_W ek h kjW W ckZWd W fWhW Ybeh je Z
c jWX b_YW _f hYbeh c_YW Yed ehc Z_iYkj_Ze dW i eZ i Z_e W * ./ 5 djh jWdje e kie Yedj_dkWZe Z iebk e iWb_dW dehcWb
Yecfb_YW i Z ijW h l_i e d e n_ij c l_Z dY_Wi ik _Y_ dj i Wf i W h iikiY_jW e _d_Y_Wb feZ h ikbjWh c WY_Zei c jWX b_YW
fWhW Wfe_Wh W _f j i Z gk iebk i b jheb£j_YWi XWbWdY WZWi _f hYbeh c_YW dW _dYWfWY_ZWZ Z kiWh X_YWhXedWje fbWic j_Ye Yece
c b ehWc e j cfe fWhW W h iebk e ZW Y jeWY_Zei Z_WX j_YW ek cWhYWZeh fWhW h iebk e ZW Y jeWY_Zei Z_WX j_YW(
fh l_d c l djei h dW_i WZl hiei _cfehjWdj i( d ijW fefkbW e(0* w c Z_ZW gk W b_Yei i dehcWb_pW Yec e jhWjWc dje Z l 'i
; Z_h jh_p Ze L _de Od_Ze h Yed Y _iie _dYbk_ kcW Z YbWhW e WZ_Y_edWh Z njhei We bk_Ze _djhWl deie fWhW f hc_j_h W _d ki e
Z gk iebk i b jheb£j_YWi XWbWdY WZWi feZ c i h kiWZWi cWi Yedj£dkW Z _dikb_dW W kcW jWnW ik _Y_ dj fWhW h iebl h W Y jed c_W
Yece d e ij e Z_ifed£l _i Yec hY_Wbc dj Yec Ybeh je Z We c ice j cfe l_jWh W _fe b_Y c_W( ; Z_h jh_p Ze L _de Od_Ze
fej ii_e fh 'c_ijkhWZe Z l c i h kiWZWi c Yed`kdje Yec h Yec dZW WZ_Y_edWh Z njhei +* gkWdZe W b_Y c_W YW_ WXW_ne Z +- 3
h fei_ e WZ_Y_edWb Z fej ii_e(, cceb)F ,/* c )ZF (,; ;>; h Yec dZW WZ_Y_edWh
2U SG UGVG TU TGQ *J *
?MN;>I >; ;LN? L ?P C ?Q
Z njhei / gkWdZe W b_Y c_W YW_ WXW_ne Z ++ cceb)F ,** c ) YedY X_Zei fWhW e jhWjWc dje ZW Y jeWY_Zei Z_WX j_YW d e Z l c
ZF (+Oc f gk de diW_e hWdZec_pWZe Z +1 fWY_ dj i d e i h kj_b_pWZei( I kie Z fhejeYebei gk l_iWc W_nWi Z b_Y c_W
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
dYedjhek Z_ h d W de fB Ze iWd k YWf_bWh ek dW YedY djhW e fh ' if Y_ _YWZWi Yece 0 +'1 2 cceb)F ++*'+.* c )ZF ek 1 2'+*
Z X_YWhXedWje gkWdZe W Z njhei W / +* ehWc YecfWhWZWi cceb)F +.*'+2* c )ZF fWhW fWY_ dj i c WcX_ dj i Z Yk_ZWZei
cXehW W Z njhei W +* j d W YWkiWZe cW_i _f h b_Y c_W Yec _dj di_lei feZ b lWh W Zei i _dWZ gkWZWc dj XW_nWi ek c ice
kcW b_Y c_W c Z_W Z +/ 1 cceb)F c i _i ehWi c YecfWhW e z Z iYedj_dkW e fh cWjkhW ZW _dikb_dW _djhWl deiW e gk WjhWiW
Yec ++ / cceb)F de hkfe gk h Y X k Z njhei W / Wf iWh Ze W h iebk e ZW Y jeWY_Zei Z_WX j_YW(01G ice fWY_ dj i Yec
kie i_ckbj|d e Z cW_i _dikb_dW J6* */ (00Oc n cfbe Z Y jeWY_Zei Z_WX j_YW k b_Y c_YW d Y ii_jWc Z j hWf_W Yec
fhejeYebe Z Y jeWY_Zei Z_WX j_YW _dijhk_ ei d hc _hei W _dikb_dW WZ gkWZW fWhW h iebl h W Y jed c_W cXehW Yec WZ_ e
WZ_Y_edWh / Z Z njhei dW c icW jWnW kiWdZe Wi c icWi fh YeY Z b£gk_Zei Yedj dZe Z njhei fWhW fh l d_h W
YedY djhW i Z Ybeh je Z i Z_e fej ii_e gkWdZe W b_Y c_W YW_ _fe b_Y c_W(,.
WXW_ne Z +- 3 cceb)F ,/* c )ZF (01Jeh n cfbe Ybeh je Z i Z_e ; _dikb_dW d e Z l i h _d_Y_WZW Wdj i Ze _d£Y_e ZW h iikiY_jW e
W * ./ Yec ,* c?g Z Ybeh je Z fej ii_e E=b c YWZW b_jhe leb c_YW ZW Yehh e Z gkWbgk h _feYWb c_W fWhW l_jWh e
ckZWh_W fWhW Z njhei W / Yec Ybeh je Z i Z_e W * ./ W hWlWc dje Zei Z _Y_ji Z lebkc ek fej ii_e Yec W
,*c?gE=b)F dW c icW jWnW Z _d ki e( jhWdi h dY_W Z fej ii_e b_Yei kW Ze YecfWhj_c dje Z
IkjhW ijhWj _W gk ikh _k h Y dj c dj e kie Z kc bk_Zei njhWY bkbWh i fWhW _djhWY bkbWh i( ; Z_h jh_p Ze L _de Od_Ze
c jeZe Z ZkWi XebiWi fWhW h fei_ eZ bk_Zei(02 03?ij c jeZe h Yec dZW _d_Y_Wh _dikb_dW h kbWh _djhWl deiW c kcW Zei _nW
Yedi_ij c ZkWi XebiWi Z Ybeh je Z i Z_e W * ./ kcW Yec XWi WZW de f ie Z * + kd_ZWZ i)a ) (,; Z_h jh_p ZW ;>;
ekjhW i c Z njhei W +* gk i e W`kijWZWi Yec XWi de h Yec dZW _d_Y_Wh _dikb_dW h kbWh _djhWl deiW Yec kcW Zei _nW
ced_jehWc dje eh h_e ZW b_Y c_W fWhW cWdj h kcW jWnW Z XWi WZW de f ie Z * +. kd_ZWZ i)a ) ek kcW Zei _nW XWi WZW
bk_Zei _djhWl deiei Z ,/* cF) ( >e_i ijkZei h jheif Yj_lei de f ie Z * + kd_ZWZ i)a ) Wf i kc Xebki Z * + kd_ZWZ i)a
dlebl dZe cW_i Z /** fWY_ dj i Z iYeXh_hWc gk e c jeZe ZWi Z _dikb_dW _djhWl deiW(+; h Yec dZW e ZW ;>; XWi WZW c
ZkWi XebiWi ijWlW WiieY_WZe z Yehh e cW_i fh YeY ZW WY_Zei kc f gk de ?=L Z -1 fWY_ dj i hWdZec_pWZei fWhW h Y X h kcW
z c deh ZkhW e ZW _dikb_dW _djhWl deiW c YecfWhW e Yec W Zei Z WjWgk Z * *1 kd_ZWZ i)a Z _dikb_dW h kbWh i k_ZW Z
WZc_d_ijhW e Yedl dY_edWb Z bk_Zei _djhWl deiei(02 03KkWdZe * *1 kd_ZWZ i)a ) _dikb_dW h kbWh * *1 kd_ZWZ i)a ) i c Zei
kj_b_pWZe de fhedje'ieYehhe ii c jeZe feZ h Zkp_h W Z WjWgk ek _dikb_dW h kbWh _dikb_dW * +. kd_ZWZ )a ) i c Zei
d Y ii_ZWZ Z _dj hdW e eif_jWbWh feZ ijWh WiieY_WZe W Z WjWgk (1+; cW_eh_W Zei fWY_ dj i de hkfe Z * *1 kd_ZWZ i)
c dei _fe b_Y c_W c YecfWhW e We jhWjWc dje Yedl dY_edWb( a ) i c Zei Z WjWgk d Y ii_jWhWc Z Zei i ikfb c djWh i Z
x Z_ de Z dejW gk Wi lkbd hWX_b_ZWZ i de ehd Y_c dje Z _dikb_dW fWhW eXj h Wi Wbj hW i Z i `WZWi dW b_Yei 5 Yec ijWi
Wi jWnWi Z h fei_ e Z fej ii_e d e ehWc YedY X_Zei fWhW ;f i e _d£Y_e ZW _dikb_dW W ;>; h Yec dZW Wkc djWh Wi jWnWi
Z j hc_dWh Wi jWnWi _Z W_i Z h fei_ e Z fej ii_e c fWY_ dj i Z _d ki e Z _dikb_dW Z ehW c ehW fWhW h Zkp_h W b_Y c_W W
Yec Y jeWY_Zei Z_WX j_YW WbjWc l_Z dY_Wi fWhW Wfe_Wh gkWbgk h kcW jWnW Z -'. cceb)F) /*'1/ c )ZF) Wj YedY djhW iZ
h Yec dZW e c Z jh_c dje ZW ekjhW(0*=ece W j hWf_W Yec 2'++ cceb)F +/*',** c )ZF i e WbYWd WZei(+Jeh ekjhe bWZe W
_dikb_dW fhecel kcW ckZWd W _djhWY bkbWh Z fej ii_e Z_h jh_p cW_i h Y dj Ze L _de Od_Ze h Yec dZW e kie ZW c Z_ e
h Yec dZW'i gk W _dikb_dW d e i `W _d_Y_WZW i e fej ii_e i h_Ye Z_h jW Z ' _Zhen_Xkj_hWje kc _Zhen_ Y_Ze e Wkc dje ZW jWnW
ij_l h WXW_ne Z - cceb)F fWhW l_jWh e W hWlWc dje ZW Z _dikb_dW c _dYh c djei Z + kd_ZWZ ) fWhW WbYWd Wh kcW
_feYWb c_W( h Zk e Z Y jedW de iWd k Z f be c dei * / cceb)F) /,
c )ZF) (,
Cdikb_dW _djhWl deiW ; jWnW Z h Zk e ZW b_Yei d e ij Z_h jWc dj Yehh bWY_edWZW Yec e
I eX` j_le fh_dY_fWb ZW _dikb_dW de jhWjWc dje ZW Y jeWY_Zei hWk Z ikfh ii e ZW Y jed c_W h l hi e ZW WY_Zei 5 de djWdje ei
Z_WX j_YW _dj hhecf h W b_f b_i W Y je d i ( JhejeYebei Z c Z_Zeh i Z Y jedW de iWd k de beYWb Z Wj dZ_c dje d e ij e
j_jkbW e fWhW _d ki e _djhWl deiW Z _dikb_dW gk d e i e Z_ifed£l _i c jeZei ei eif_jW_i dei eif_jW_i gk d e
2U SG UGVG TU TGQ J *
?MN;>I >; ;LN? L ?P C ?Q
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
W kZe ZW Y jeWY_Zei Z_WX j_YW b l W ceZ hWZW e kie Z _dikb_dW
´ =WdZ_ZWjei fej dY_W_i fWhW jhWjWc dje Z =;> Yec j hWf_W Yec
_dikb_dW ikXYkj|d W i e Wgk b i gk Wj dZ c Wei i k_dj i ikXYkj|d W Z W e h f_ZW gkWZhe , (10JWY_ dj i fej dY_W_i YWdZ_ZWjei
I fWY_ dj YWfWp Z jeb hWh W _d ij e Z b£gk_Zei feh l_W ehWb i c d ki Wi) c dei +* cceb)F c?g)F (11KkWjhe ijkZei fheif Yj_lei
l c_jei hWdZec_pWZei c fWY_ dj i WZkbjei Yec Y jeWY_Zei Z_WX j_YW
fB 81 * YecfWhWhWc W _dikb_dW ikXYkj|d W Z W e h f_ZW Xebki _d_Y_Wb Z * -
<_YWhXedWje cceb)F c?g)F kd_ZWZ i)a i k_Ze Z * +'* , kd_ZWZ i)a W YWZW +', ehWi Yec e
´ >ei i Z _dikb_dW Z W e h f_ZW feh n cfbe b_ifhe Wif hj_Ye bkb_i_dW 4 jhWjWc dje Yedl dY_edWb fWhW Y jeWY_Zei Z_WX j_YW d e dYedjhWhWc
<ebki _d_Y_Wb4 Xebki Z * - kd_ZWZ i)a Z_ h d W dei h ikbjWZei Zei fWY_ dj i(11'2*=ec h _c i Z _dikb_dW
GWdkj d e4 * , kd_ZWZ i)a W YWZW , ehWi ikXYkj|d W W WZc_d_ijhW eZ bk_Zei b jh b_jei _djhWl deiei X c
KkWdZe W b_Y c_W eh 6+- 3 cceb)F ,/* c )ZF 4 Yece e ced_jehWc dje _Z dj_Ye We h Yec dZWZe fWhW W j hWf_W Yec
WZc_d_ijhWh * */'* + kd_ZWZ i)a W YWZW , ehWi Wj W _dikb_dW _djhWl deiW( Ii Wjeh i gk feZ c W jWh W _Y Y_W Zei h _c i
h iebk e ZW =;> l h jWX bW - fWhW Yh_j h_ei Z _dikb_dW ikXYkj|d W _dYbk c feii£l _i fheXb cWi Z WXieh e c
´ I jhWjWc dje Yec bk_Zei _djhWl deiei ijhWj _Wi Z fWY_ dj i hWl c dj Z i_ZhWjWZei feii_X_b_ZWZ Z igk Y_c dje Z
h fei_ e Z fej ii_e i e _Z dj_Yei Wei kiWZei Yec _dikb_dW Zei i Z _dikb_dW Wbj hW e ZW WhcWYeY_d j_YW ZW _dikb_dW ikXYkj|d W
h kbWh _djhWl deiW
c YecfWhW e Yec W _dikb_dW _djhWl deiW(
´ =edj_dkWh e h _c Zec_Y_b_Wh Z _dikb_dW XWiWb Ze fWY_ dj (
;Zc_d_ijh kcW Zei W Zei Z _dikb_dW XWiWb Ze fWY_ dj ek kcW
Zei XWi WZW de f ie Z * , kd_ZWZ i)a de cec dje ZW
Wfh i djW e Yec =;> i e fWY_ dj d e j_l h h Y X_Ze kcW Zei
MkXij_jk_ e Z ei Wje
dWi ,. ehWi Wdj h_eh i ek i kcW Zei eh Z l_ZW JWY_ dj i Yec Y jeWY_Zei Z_WX j_YW jWcX c Wfh i djWc
´ M e Wd_ed Wf d e eh Y WZe Z djhe Z +, ehWi kiWdZe ij Z _Y_ji jejW_i Z ei Wje YehfehWb cWi d d kc ijkZe
fhejeYebe e fWY_ dj Z l i h jhWdi h_Ze fWhW kcW _d ki e _djhWl deiW fheif Yj_le Z cedijhek gk W h fei_ eZ ei Wje c b eh e
Z _dikb_dW l h gkWZhe + ( h ikbjWZe( ; j hWf_W Yec _dikb_dW Z_c_dk_h e ei Wje cWi W
$ ;ZWfjWZe Z ?hiep j Wb Ocf_ hh p j Wb y, EWheb_ j Wb11'2* Yehh e nY ii_lW Yec ei Wje feZ YWkiWh _feYWbY c_W( ;
Z_h jh_p Ze L _de Od_Ze d e h Yec dZW W ikXij_jk_ e
j d e'ei ck_jWi l p i d e ij e Z_ifed£l _i ,. ehWi feh Z_W(.+ hej_d _hW Z ei Wje5 W l h_ _YW e h fei_ e Ze ei Wje
?c fWY_ dj i d e fh l_Wc dj jhWjWZei Yec _dikb_dW W Z_h jh_p Ze fWY_ dj i Wfh i djWc h_iYe ck_je Wbje Z Z i Y e Z i Wleh l b W
L _de Od_Ze h Yec dZW _d_Y_Wh _dikb_dW XWiWb dW Zei Z * ,/ Z_h jh_p ZW ;>; h Yec dZW gk W WZc_d_ijhW e b djW Z +** cceb
kd_ZWZ i)a (,?ijW WXehZW c Wfe_WZW feh kc f gk de ?=L gk +** c?g Z HWB=I-cW_i Z ZkWi ehWi i h e Yedi_Z hWZWi
YecfWhek -+ fWY_ dj i jhWjWZei Yec _dikb_dW _djhWl deiW -* gkWdZe e fB ij_l h WXW_ne Z 0 3(+
fWY_ dj i jhWjWZei Yec _dikb_dW _djhWl deiW cW_i * ,/ kd_ZWZ i)a
Z _dikb_dW bWh _dW WZc_d_ijhWZWi Z djhe Z +, ehWi Wf i e _d£Y_e
ZW _dikb_dW _djhWl deiW(1.Ii fWY_ dj i gk h Y X hWc _dikb_dW 8 cT J 99C
XWiWb j_l hWc c dei _f h b_Y c_W Z h Xej i c Wkc dje ZW Ii eX` j_lei Ze jhWjWc dje ZW MBB _dYbk c W Yehh e Zei Z _Y_ji Z lebkc
_fe b_Y c_W dWi +, ehWi Wf i W Z iYedj_dkW e ZW _dikb_dW We c ice j cfe W h Zk e W dehcWb_pW e ZW _f heicebWb_ZWZ
_djhWl deiW( Ikjhe ijkZe f_beje hWdZec_pWZe YedjhebWZe fbWic j_YW e gk Yehh_ _h W _f h b_Y c_W gkWZhe - ( Ii fWY_ dj i Yec MBB
dYedjhek j dZ dY_Wi Z h Zk e de j cfe fWhW Y Wc dje Ze fh Y_iWc i cfh i h _dj hdWZei de eif_jWb d e i fWhW WbYWd Wh W
_Wje Wd_ d_Ye de j cfe Z _dj hdW e eif_jWbWh Yec _dikb_dW ijWX_b_ZWZ c jWX b_YW gk ck_jWi l p i h gk h cW_i Z ,. ehWi Z
bWh _dW YedYec_jWdj (1/ jhWjWc dje cWi jWcX c fWhW _Z dj_ _YWh jhWjWh e fh Y_f_jWdj
2U SG UGVG TU TGQ ,J *
?MN;>I >; ;LN? L ?P C ?Q
4GO G (q VOSIgUOT JT RGS PT JG gSJVTR NOU VMQOIfROIG NOU VT RTQGV C99 R UGIO S
YWkiW( ; ;>; d e fkXb_Yek kcW Z_h jh_p i fWhWZW fWhW
GJ Q T e cWd `e ZW MBB _dYbk_ h Yec dZW i fWhW
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
Y jeWY_Zei Z_WX j_YW MBB de c ice ZeYkc dje(+
7Q OJT OS VG ST T
;i MeY_ ZWZ i =ed`kdjWi <h_j|d_YWi Z >_WX j i fWhW =k_ZWZei Cdj hdei
+ Oi +(*** cF Z iebk e Z Ybeh je Z i Z_e W * 3 iebk e iWb_dW dehcWb ZkhWdj + ehW fWhW e bk_Ze _d_Y_Wb
j c kc ZeYkc dje Z Z_YWZe z ij e Ze BBM(.x Z_ de Z dejW gk
ikXij_jk_ e
fhWj_YWc dj d e n_ij c ijkZei fkXb_YWZei fWhW eh_ djWh e
, ;f i W fh_c _hW ehW W jWnW Z bk_Zei _djhWl deiei Z l i h W`kijWZW Yec XWi dW
jhWjWc dje _Z Wb ZW MBB e gk h ikbjek c Z_ h d Wi dWi Z_h jh_p i ZW
ijWZe ceZ_d|c_Ye b jheb£j_Ye Ze fWY_ dj hWbc dj cWdj_Ze djh ,/*
;>; Ze L _de Od_Ze(0-
/** cF)
´ ;>;4 JWY_ dj i Yec i Z_e Yehh_ _Ze dehcWb ek Wbje feZ c i h ckZWZei fWhW Ybeh je Z i Z_e W
@bk_Zei _djhWl deiei
* ./ Wf i W fh_c _hW ehW Z h fei_ eZ bk_Zei
Ii bk_Zei _djhWl deiei i e W fh_c _hW b_d W Z jhWjWc dje dW MBB
´ L _de Od_Ze4 ;`kijWh W jWnW eh h_W Z iebk e iWb_dW dehcWb fWhW Wj_d _h kc Z Yb£d_e dW b_Y c_W Z .'0
cceb)F) 1*'+** c )ZF) dW eicebWb_ZWZ fbWic j_YW Z -'2 cIiceb)a ) ( GkZWh Z iebk e iWb_dW
fWhW dehcWb_pWh W eicebWb_ZWZ h ijWkhWh e lebkc _djhWlWiYkbWh
dehcWb fWhW iebk e Z Ybeh je Z i Z_e W * ./ iec dj gkWdZe ekl h gk ZW dW eicebWb_ZWZ Z_c_dk_h W b_Y c_W( ;i Z_h jh_p i ZW ;>; Ze L _de Od_Ze fWhW e
fbWic j_YW fbWj i Z b_Yei fbWic j_YW de Yedj nje Z gk_b£Xh_e £Zh_Ye fei_j_le WZ gkWZe cWd `e ZW MBB h Yec dZWc f be c dei + F Z iebk e iWb_dW
dehcWb ZkhWdj W fh_c _hW ehW i k_Ze f be W`kij ZW jWnW Z
- ;Z_Y_ed Z njhei We bk_Ze _djhWl deie i )gkWdZe W b_Y c_W i Wfhen_cWh Ze dehcWb fWhW f hc_j_h _d ki e Yec XWi de ijWZe ceZ_d|c_Ye b jheb£j_Ye Ze
_d ki e Yedj£dkW Z _dikb_dW W kcW jWnW ik _Y_ dj fWhW h iebl h W Y jeWY_Zei Z_WX j_YW fWY_ dj dW eXj d e Z kc gk_b£Xh_e £Zh_Ye fei_j_le(
l_jWdZe W _fe b_Y c_W
´ ;>;4 ;Z_Y_ed Z njhei / gkWdZe W b_Y c_W YW_h WXW_ne Z +0 1 cceb)F -** c )ZF ; ;>; hWbc dj h Yec dZW ,/*'/** cF) Wf i W fh_c _hW
´ L _de Od_Ze4 ;Z_Y_ed Z njhei / ek Z njhei +* gkWdZe W b_Y c_W YW_h WXW_ne Z +. cceb)F ,/* ehW c fWY_ dj i WZkbjei i c Yecfhec j_c dje YWhZ£WYe ek
c )ZF h dWb Ze d W f j_YW WlWd WZW ekjhei ijWZei Z ieXh YWh W
+ JWY_ dj i Yec MBB Wfh i djWc Z _Y_ji Z fej ii_e YehfehWb jejWb gk Z l c i h h feijei Wf i * ./ i Wi YedY djhW i Z i Z_e eh c WbjWi W WZ_ eZ
W kd e h dWb WZ gkWZW Z X_je kh_d h_e WlWb_WZW Z njhei W / gkWdZe W b_Y c_W Wj_d _h +0 1 cceb)F -** c )ZF (+
´ ;>;4 ,*'-* cceb ,*'-* c?g Z fej ii_e c YWZW b_jhe Z bk_Ze Z _d ki e gkWdZe e ; Z_h jh_p Ze L _de Od_Ze h Yec dZW W`kijWh W jWnW eh h_W Z
fej ii_e i h_Ye eh 6/ , cceb)F 6/ , c?g)F iebk e iWb_dW dehcWb fWhW WbYWd Wh kc Z Yb£d_e dW b_Y c_W Z .'0
´ L _de Od_Ze4 .* cceb)F .* c?g c YWZW b_jhe Z iebk e iWb_dW dehcWb gkWdZe e fej ii_e i h_Ye cceb)F) 1*'+** c )ZF) dW eicebWb_ZWZ fbWic j_YW Z -'2
6/ / cceb)F 6/ / c?g)F e fWY_ dj ij kh_dWdZe cIiceb)a ) (.; Z_h jh_p Ze L _de Od_Ze h Yec dZW W ckZWd W Z
´ @WbjWc l_Z dY_Wi fWhW Wfe_Wh gkWbgk h h Yec dZW e c Z jh_c dje ZW ekjhW iebk e iWb_dW dehcWb fWhW iebk e Z Ybeh je Z i Z_e W * ./
+ I cec dje _Z Wb fWhW _d_Y_Wh W _dikb_dW _djhWl deiW de jhWjWc dje ZW MBB d e e_
Z j hc_dWZe
´ ;>;4 _d_Y_Wh _dikb_dW _djhWl deiW Wf i e _d£Y_e ZW h iikiY_jW e leb c_YW Yehh eZ L fei_ e Z fej ii_e ei Wje
gkWbgk h _feYWb c_W H d kc ijkZe _dl ij_ ek W WXehZW c _Z Wb fWhW e jhWjWc dje
´ L _de Od_Ze4 Cd_Y_Wh _dikb_dW _djhWl deiW i e fWY_ dj Wfh i djWh YedY djhW i Z -' ' _Zhen_Xkj_hWje ZW _feYWb c_W ek _fe ei Wj c_W c fWY_ dj i Yec MBB5 de
8+ * cceb)F 8+* . c )ZF ek 8+ / cceb)F 8+/ 0 c )ZF 2, ( =Wie Yedjh h_e W _dikb_dW _djhWl deiW djWdje ei fWY_ dj i Yec MBB hWbc dj Wfh i djWc Z fb e
feZ i h _d_Y_WZW gkWdZe W b_Y c_W ij_l h YW_dZe WXW_ne Z / cceb)F) 63* c )ZF) de Y d h_e Z YehfehWb jejWb cW_i hWl Ze gk ei fWY_ dj i Yec Y jeWY_Zei
gk_b£Xh_e £Zh_Ye fei_j_le WZ gkWZe( Z_WX j_YW WYedi b l b kc ced_jehWc dje h_ eheie( ; ;>;
, ; Zei _d_Y_Wb _Z Wb Z _dikb_dW _djhWl deiW de jhWjWc dje ZW MBB d e e_ h Yec dZW WZ_Y_edWh ,*'-* cceb ,*'-* c?g Z fej ii_e c YWZW
Z j hc_dWZe b_jhe Z bk_Ze Z _d ki e gkWdZe e fej ii_e i h_Ye ij_l h WXW_ne
´ ;>;4 Cd_Y_Wh _dikb_dW _djhWl deiW Yec kcW Zei _nW Z * +. kd_ZWZ i)a ) Yec XWi de f ie ek Yec kcW Zei Z / , cceb)F / , c?g)F (+Jeh ekjhe bWZe W Z_h jh_p Ze L _de
_nW Z * + kd_ZWZ i)a ) Yec XWi de f ie Wf i kc Xebki Z * + kd_ZWZ i)a Od_Ze h Yec dZW .* cceb)F .* c?g)F c YWZW b_jhe Z iebk e
´ L _de Od_Ze4 _d_Y_Wh _dikb_dW _djhWl deiW c Zei XW_nW * */ kd_ZWZ i)a ) iWb_dW dehcWb gkWdZe e fej ii_e i h_Ye ij WXW_ne Z / / cceb)F
- ; jWnW Z _dikb_dW _djhWl deiW Z l i h W`kijWZW fWhW Wj_d _h kcW gk ZW WZ gkWZW de iWd k / / c?g)F e fWY_ dj ij kh_dWdZe(.
_Ze feh Z_h _jei WkjehW_i(
2U SG UGVG TU TGQ J *
?MN;>I >; ;LN? L ?P C ?Q
DGH QG (q4VO eVOT UGVG V TQ dcT JG I TGIOJT JOGHe OIG 425 JT GJT NOU VT RTQGV NOU VMQOIfROIT 4GO G )q:J S OLOIGdcT VG GR S T JG IG G HPGI S
C99 UV SdcT JG V ITVVfSIOG J I TGIOJT JOGHe OIG T
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
=h_j h_e ;>;+ L _de Od_Ze, . gSJVTR NOU VT RTQGV NOU VMQOIfROIG
L iebk eZ Ab_Y c_W 6++ cceb)F ,** c )ZF fB 81 - ? YedY djhW e Z Y jedWi de iWd k 6* 0 cceb)F 60 , c ) + ;lWb_Wh h dY_Wh ei cej_lei ZW d e WZ i e z _dikb_dW
>E; G;CM gkW_igk h Ze_i Z ZF ( <_YWhXedWje d e h Yec dZWZe fehgk W WY_Zei _f hYbeh c_YW
i Wfb_Y l b
X_YWhXedWje fB 81 - _Wje ij WiieY_WZW W hWdZ i lebkc i Z iebk e Z Ybeh je Z i Z_e W
Wd_ d_Ye *3 ´ =edi_Z hWh h _c i Wbj hdWj_lei Z _dikb_dW kcWdW )ek
L iebk eZ IicebWb_ZWZ dehcWb h Ykf hW e Ze ; _dikb_dW _djhWl deiW i WZc_d_ijhWZW hWbc dj feZ i h Z iYedj_dkWZW gkWdZe e
YedikbjWh e i hl_ e ieY_Wb i e fWY_ dj d e j_l h YedZ_ iZ
BBM ijWZe c djWb dehcWb fWY_ dj ij_l h Yec dZe X X dZe cWi b£gk_Zei _djhWl deiei feZ c i h d Y ii h_ei fW Wh f bW _dikb_dW fh iYh_jW
feh cW_i j cfe i W _d ij e eh _dWZ gkWZW ´ @WY_b_jWh e jhWjWc dje ek i hl_ ei ieY_W_i fWhW fWY_ dj i Yec
jhWdijehdei fi_gk_ jh_Yei d e jhWjWZei ek cWb YedjhebWZei
h dY_Wc dje Z Zei i( Ik i `W _d_Y_Wh _dikb_dW h kbWh ´ ?dYWc_d Wh fWY_ dj i Yec jhWdijehdei feh kie Z ikXij|dY_Wi ek bYeeb fWhW
Jeh ekjhe bWZe W Z_h jh_p Ze L _de Od_Ze h Yec dZW WZ_Wh W JWY_ dj i gk Wj dZ c Wei Yh_j h_ei c jWX b_Yei fWhW h iebk e
j hWf_W Yec _dikb_dW _djhWl deiW W c dei gk e fWY_ dj ZW Yh_i Z_WX j_YW jWX bW - cWi gk f hcWd Y c hWl c dj
j d W YedY djhW i Z -' ' _Zhen_Xkj_hWje WY_cW Z + * Ze dj i _dYWfWp i Z jeb hWh W _d ij e ehWb d Y ii_jWh e Z
cceb)F +* . c )ZF ek WY_cW Z + / cceb)F +/ 0 c )ZF (. 2, cWd `e Yedj£dke Yec bk_Zei _djhWl deiei _dikb_dW ijW bj_cW
; `kij_ _YWj_lW fWhW ijW h Yec dZW e gk e _d£Y_e fh YeY j_jkbWZW kiWdZe kc fhejeYebe Z _d ki e Z _dikb_dW Yec c jWi
ZW _dikb_dW de Yedj nje Z h fei_ e _dWZ gkWZW Z bk_Zei b_Y c_YWi fh ' if Y_ _YWZWi( fWhW Ze d W Yh£j_YW(2- 2.
feZ W hWlWh W _fef h ki e Yec kc Wkc dje de h_iYe Z
Yecfhec j_c dje Y_hYkbWj h_e jhecXei e bk_Ze V SdcT JG I TGIOJT JOGHe OIG 99C ?f_i Z_ei
_djhWl deie feh i_ i h Zkp_h W _f h b_Y c_W(.I Z Yb£d_e _Z Wb h Yehh dj i Z Y jeWY_Zei Z_WX j_YW MBB feZ c i h fh l d_Zei
fh_dY_fWbc dj Z l_Ze z c _W'l_ZW YkhjW ZW _dikb_dW _djhWl deiW _d_Y_Wb Yedj£dkW ieXh Z_WX j i de WcX_ dj Yeckd_j h_e fe_i
Wfhen_cWZWc dj +* c_dkjei (1KkWdZe ijW jhWdi_ e fhe hWcWZW _iie feZ W`kZWh W fh l d_h _dj hdW i eif_jWbWh i
Wdj i Z kcW h _ e W WZc_d_ijhW e Z kcW Zei fhWdZ_Wb Z h WZc_ii i h bWY_edWZWi We Z_WX j i( ?ijW ZkYW e c b eh
_dikb_dW Z W e YkhjW ek h f_ZW `kdjWc dj Yec W _dikb_dW XWiWb feZ ehd Y_ZW ek Z_h_ _ZW feh kc ZkYWZeh jh _dWZe c Z_WX j i(20 23
f hc_j_h W Z iYedj_dkW e ZW _dikb_dW _djhWl deiW c kcW ehW(2, Cdijhk
3* i if Y£ _YWi We fWY_ dj fWhW e cWd `e Zei Z_Wi Z
Ze d W _dYbk_dZe b cXh j i Z gk W _dikb_dW Z W e
;i Z_h jh_p i ZW ;>; Ze L _de Od_Ze h Yec dZWc gk ei fWY_ dj i _dj hc Z_ h_W ek fhebed WZW dkdYW Z l i h _dj hhecf_ZW
fh l_Wc dj jhWjWZei Yec _dikb_dW ikXYkj|d W feiiWc h _d_Y_Wh Wi gkWdZe f Z_h Wii_ij dY_W feZ c W`kZWh W fh l d_h kjkhei
Zei i Z _dikb_dW fh 'WZc_ii e i ijWi eh c Yedi_Z hWZWi f_i Z_ei Z Y jeWY_Zei Z_WX j_YW(3+ 3,NeZei ei fWY_ dj i Yec
Wfhefh_WZWi(+ ,=Wie Yedjh h_e kc h _c Z _dikb_dW ikXYkj|d W Z_WX j i j_fe + ck_jei fWY_ dj i jhWjWZei Yec _dikb_dW Yec
XWi WZe de f ie feZ i h _d_Y_WZe YWbYkbWdZe kcW Zei jejWb Z * /'* 1 Z_WX j i j_fe , Z l c j h c _ei Z c Z_h Wi Y jedWi c YWiW i h
kd_ZWZ i)a )Z WZc_d_ijhWdZe /* ZW Zei jejWb Yece _dikb_dW XWiWb _dijhk£Zei W ced_jehWh W b_Yei Wi Y jedWi f be c dei W YWZW
kcW l p We Z_W Z_l_Z_dZe ei ekjhei /* _ kWbc dj gkWjhe ehWi ZkhWdj W Ze d W(
2U SG UGVG TU TGQ .J *
?MN;>I >; ;LN? L ?P C ?Q
JWhW c_d_c_pWh e h_iYe Z Y jeWY_Zei Z_WX j_YW k b_Y c_YW 2STVRGQOJGJ Q VTQg OIG
Yec _d_X_Zeh i Ze MAFN, ei fWY_ dj i feZ c i h _dijhk£Zei W ;i Yecfb_YW i cW_i Yeckc dj eXi hlWZWi c WZkbjei
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
_dj hhecf h ii i c Z_YWc djei feh f be c dei ,. ehWi Wj _dYbk c _feYWb c_W _f hYWb c_W _fe b_Y c_W WY_Zei
Y_dYe Z_Wi Wdj i Zei fheY Z_c djei Y_h h _Yei fbWd `WZei ek c jWX b_YW _f hYbeh c_YW i c _Wje Wd_ d_Ye(.+ /0 01
ZkhWdj f h£eZei Z Ze d W W kZW(/ .1 /*; c _W'l_ZW Z ijW YbWii ; _feYWb c_W h bWjWZW Yec cW_i h gk dY_W Ze gk W
Z W dj i Z Wfhen_cWZWc dj +- ehWi cWi e _je Yb£d_Ye _f hYWb c_W hWbc dj h ikbjW Z WjhWiei dW WZc_d_ijhW e ek
feZ ZkhWh l h_ei Z_Wi Wf i W Z iYedj_dkW e(.1'/* 3-Ii fWY_ dj i ikfb c djW e _dik _Y_ dj Yedj dZe fej ii_e( ; _f hYWb c_W
fh Y_iWc i h _d ehcWZei ieXh Wi i_jkW i gk ei fh Z_if c We feZ h ikbjWh Z h fei_ e nY ii_lWc dj W h ii_lW Z fej ii_e
Z i dlebl_c dje Z Y jeWY_Zei Z_WX j_YW k b_Y c_YW _dYbk_dZe fWhj_YkbWhc dj c fWY_ dj i Yec Z_i kd e h dWb ikX`WY dj (// 01
Z i_ZhWjW e ek _d ij e nY ii_lW Z bYeeb(/ .1 /*Ii fWY_ dj i gk ; _fe b_Y c_W feZ h ikbjWh Z _d ki i Z _dikb_dW
jecWc _d_X_Zeh i Ze MAFN, Z l c i h _dijhk£Zei W l h_ _YWh W nY ii_lWc dj W h ii_lWi h gk dY_W _dik _Y_ dj Z
fh i d W Z Y jedWi ZkhWdj f h£eZei Z Ze d W ijh ii ced_jehWc dje ZW b_Y c_W ek Wb W dW WZ_ e Z Z njhei W
c jWX b_Ye( KkWdZe i e Z j YjWZWi WbjWi YedY djhW iZ bk_Zei _djhWl deiei gkWdZe Wi YedY djhW iZ b_Yei de
Y jedWi kcW ijhWj _W fhefeijW fWhW fh l d_h W fhe h ii e fWhW iWd k i Wfhen_cWc Z +- 3 cceb)F ,/* c )ZF (// /0
Y jeWY_Zei Z_WX j_YW _dj hhecf h e _d_X_Zeh Z MAFN, _d` jWh ?c kcW h l_i e h jheif Yj_lW YecfWhWdZe 2(//* fWY_ dj i
_dikb_dW c Xebki Yedikc_h -* Z YWhXe_ZhWje _ZhWjWh'i Yec WZkbjei Yec Y jeWY_Zei Z_WX j_YW _dj hdWZei c kcW kd_ZWZ Z
kW Yedj_dkWh ced_jehWdZe Wi Y jedWi W YWZW jh i W gkWjhe j hWf_W _dj di_lW edZ W b_Y c_W e_ Yehh_ _ZW fWhW +* cceb)F +2*
ehWi(/*Ii fWY_ dj i Z l c i h _d ehcWZei ieXh ei feii£l _i c )ZF ek _d h_eh ek WY_cW Z +* cceb)F +2* c )ZF c ,.
i_djecWi gk WdkdY_Wc e _d£Y_e ZW Y jeWY_Zei Z_WX j_YW ehWi ei Ze bj_ce hkfe Wfh i djWhWc c dei _fe b_Y c_W
_dijhk£Zei W fheYkhWh Wj dZ_c dje YWie Z i dleblWc ii i _feYWb c_W _feeicebWb_ZWZ Yec c deh cehjWb_ZWZ (31He
i_djecWi _dZ f dZ dj c dj ZW YedY djhW eZ b_Yei de djWdje e Wje Z gk iiWi Yecfb_YW i W_dZW eYehh hWc c
iWd k ( Wfhen_cWZWc dj ,/ Zei fWY_ dj i jhWjWZei Yec fhejeYebei
fWZhed_pWZei ik h W d Y ii_ZWZ Z ced_jehWh Wi YedY djhW i
4TRUQOIGdi V QGIOTSGJG GT RGS PT JG Z b jh b_jei Z b_Yei de iWd k f be c dei W YWZW ZkWi ehWi
I TGIOJT JOGHe OIG C99 dgkWdje Wi _d ki i _djhWl deiWi Z _dikb_dW i e Yedj_dkWZWi(
>_l hiWi Yecfb_YW i feZ c ijWh WiieY_WZWi zi Yh_i i Hkc _dgk h_je dWY_edWb h Wb_pWZe de L _de Od_Ze W WZ i e WXW_ne
Z_WX j_YWi We i k cWd `e( Ze _Z Wb Wei fhejeYebei eif_jWbWh i zi Z_h jh_p i dWY_edW_i e_
_Z dj_ _YWZW Yece kc Zei fh_dY_fW_i Yedjh_Xk_dj i fWhW ijWi
6J RG 4 V HVGQ Yecfb_YW i h gk dj c dj eXi hlWZWi(.+ .,
_c Z_WjW Z j hWf_W Yec cWd_jeb WZc_d_ijhWZW dkcW Zei Z * /'+ )a Yec Ybeh je Z i Z_e W * 3 ek L_d h Yec bWYjWje( H e dYedjhek
ZkhWdj ,* c_dkjei feZ W`kZWh W WXehjWh kcW cW_eh Z j h_ehW e Z_ h d W de j cfe fWhW h iebk e ZW Y jeWY_Zei Z_WX j_YW Yec
d kheb _YW(30H e h Yec dZWZe WZ_Wh e jhWjWc dje gk feZ iWblWh WjhWie dW eXj d e Z YedY djhW iZ b_Yei de iWd k WXW_ne
l_ZWi dgkWdje i W kWhZW ei h ikbjWZei ZW jece hW _W Z +. cceb)F ,/, c )ZF de hkfe gk h Y X k L_d h Yec
YecfkjWZeh_pWZW( bWYjWje(33?c ekjhe ?=L ./ fWY_ dj i WZkbjei Yec Z_WX j i j_fe +
; ceZ_ _YW e ZW jWnW Z WZc_d_ijhW eZ bk_Zei _djhWl deiei WZc_j_Zei Yec Y jeWY_Zei Z_WX j_YW ehWc hWdZec_pWZei fWhW
e_ fh l_Wc dj ik h_ZW Yece kc c jeZe fej dY_Wb fWhW h Wd_cW e fWZhed_pWZW Yec iebk e iWb_dW dehcWb ek iebk e
c b ehWh ij h_iYe( Oc ijkZe ckbj_Y djh_Ye h Y dj gk _dYbk_k b jheb£j_YW XWbWdY WZW Yec ZeiW c Z Ybeh je X_YWhXedWje
+(,// Yh_Wd Wi Yec Y jeWY_Zei Z_WX j_YW Wb Wjeh_Wc dj i h_Yei W YWZW ZkWi ehWi ZkhWdj +, ehWi( ;gk b i gk
Z i_ dWZWi fWhW kc Zei gkWjhe hkfei Z jhWjWc dje gk h Y X hWc W iebk e b jheb£j_YW XWbWdY WZW Wfh i djWhWc
h Y X hWc * ./ ek * 3 Z Ybeh je Z i Z_e Yedj dZe bk_Zei YedY djhW i cW_i XW_nWi Z Ybeh je cW_eh i YedY djhW iZ
_djhWl deiei WZc_d_ijhWZei c l beY_ZWZ b djW ek h f_ZW d e X_YWhXedWje cXehW e i_ d_ _YWZe Yb£d_Ye W_dZW fh Y_i i h
ceijhek Z_ h d W dei h ikbjWZei d kheb _Yei(3/ Z j hc_dWZe(+**
2U SG UGVG TU TGQ J *
?MN;>I >; ;LN? L ?P C ?Q
4TRUQOIGdi IGVJgGIG V UOVG hVOG R I QGV IkjhWi d Y ii h_e fehgk Wi Z_ h d Wi ikj_i dW jWnW Z WZc_d_ijhW eZ
Yecfb_YW i gk eYehh c Yec c dei h gk dY_W cWi fWhW Wi bk_Zei _djhWl deiei h fei_ eZ b jh b_jei ek ZeiW cZ
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
gkW_i e ced_jehWc dje _cfehjWdj _dYbk c _d Whje Ze _dikb_dW _djhWl deiW fhelWl bc dj d e h ikbjWh e c hWdZ i
c_eY hZ_e fej dY_Wb fWhW Z cW fkbcedWh c fWY_ dj i Yec Z_ h d Wi dei h ikbjWZei( OcW Z_ h d W dWi Z_h jh_p i fWhW
_dik _Y_ dY_W YWhZ£WYW Yed ij_lW ikX`WY dj hWXZec_ b_i c Y jeWY_Zei Z_WX j_YW gk feZ d Y ii_jWh Z _dl ij_ W e
fWY_ dj i gk Wfh i djWc hWki cW_i hWl i Z Z i_ZhWjW e(+*+ WZ_Y_edWb W Yedj_dkW e Ze h _c Z _dikb_dW Zec_Y_b_Wh ZkhWdj
NWcX c ij Wkc djWdZe W YediY_ dY_W Z gk Wi Yecfb_YW i e jhWjWc dje W kZe ZW Y jeWY_Zei Z_WX j_YW( ; Z_h jh_p Ze L _de
ZW Y jeWY_Zei Z_WX j_YW feZ c Yedj_dkWh Wb c ZW _dj hdW e Od_Ze h Yec dZW W Yedj_dkW e ZW _dikb_dW XWiWb5 djh jWdje W
eif_jWbWh W kZW( ?c kc ijkZe h Y dj Yec -(/1, fWY_ dj i Yec WZc_d_ijhW e Z _dikb_dW XWiWb Yedj_dkW i dZe kcW h W Z
Z_WX j i j_fe , 1(+.. Yedjheb i fWh WZei feh _ZWZ i ne _dl ij_ W e dei ?O; fe_i feZ ijWh WiieY_WZW We Wkc dje ZWi
Yecfb_YW i YecehX_ZWZ i XWiW_i Ze Z_WX j i ei fWY_ dj i jWnWi Z _fe b_Y c_W gkWdZe kiWZW YedYec_jWdj c dj Yec Wi
Yec Y jeWY_Zei Z_WX j_YW j_d Wc + // l p i cW_i fheXWX_b_ZWZ jWnWi h Yec dZWZWi Z _dikb_dW _djhWl deiW( OcW h W WZ_Y_edWb
Z ie h h kc WY_Z dj lWiYkbWh Y h XhWb c i _i c i i Ze gk gk fh Y_iW Z cW_i _dl ij_ W e e kie Z Y jedWi iWd k£d Wi
Wgk b i i c Y jeWY_Zei Z_WX j_YW(+*,Hkc ekjhe ijkZe gk fWhW W`kijWh W jWnW Z _dikb_dW _djhWl deiW de jhWjWc dje ZW
nWc_dek ei h ikbjWZei W bed e fhWpe c fWY_ dj i _dj hdWZei Y jeWY_Zei Z_WX j_YW Yed ehc h Yec dZWZe dWi Z_h jh_p i Ze
dkcW kd_ZWZ Z Yk_ZWZei _dj di_lei Yec Y jeWY_Zei Z_WX j_YW L _de Od_Ze cWi d e WcfbWc dj WZejWZe dei ?O; Z l_Ze W
kc c YWZW +* fWY_ dj i cehh k de f h£eZe Z kc Wde Wf i W b_c_jW i Z_ifed_X_b_ZWZ Z fedjei Z Wj dZ_c dje( c Z_Zeh i
WbjW eif_jWbWh(+*-; _ZWZ c Z_W Zei fWY_ dj i d ij h bWj h_e e_ Z Z Y jedW de iWd k ( OcW j hY _hW h W gk d Y ii_jW Z
-2 Wdei ik h_dZe gk ij i fWY_ dj i h fh i djWc kc hkfe _dl ij_ W e WZ_Y_edWb gkWdZe W _dikb_dW _djhWl deiW _dZ_YWZW
fWhW e gkWb d Y ii h_e kc cW_eh hWk Z l_ _b|dY_W Yec de jhWjWc dje W kZe ZW MBB fkhW i c gkWbgk h l_Z dY_W Z
_dj hl d i WiieY_WZWi fWhW Yecf diWh e h_iYe Z cehjWb_ZWZ ( Y jedWi b lWZWi( ;i Z_h jh_p i Ze L _de Od_Ze d e h Yec dZWc e
kie hej_d _he Z _dikb_dW _djhWl deiW de jhWjWc dje _d_Y_Wb ZW MBB(
4 TGIOJT JOGHe OIG V ITVV S I fedje hWYe Z gkWbgk h Z_h jh_p ij dW _cfb c djW e( ;i
JWY_ dj i _dj hdWZei de eif_jWb Yec Y jeWY_Zei Z_WX j_YW l_Z dY_Wi ik h c gk Wi Z_h jh_p i fWhW Y jeWY_Zei Z_WX j_YW
h fh i djWc kc hkfe Z Wbje h_iYe Z cehjWb_ZWZ feh jeZWi MBB d e i e i k_ZWi Z ehcW Yedi_ij dj feh ck_jWi _dij_jk_ i
Wi YWkiWi h WZc_ii i eif_jWbWh i _dYbk_dZe Y jeWY_Zei dei ?O; de L _de Od_Ze( Ii i eh ei fWhW c b ehWh W WZ i e W
Z_WX j_YW h Yehh dj (+- +*-'+*/;gk b i Yec _ij h_Ye Z Ze d W ijWi Z_h Yjh_p i feZ c h ikbjWh c c b eh i h ikbjWZei fWhW ei
fi_gk_ jh_YW ek kie _dZ l_Ze Z bYeeb ek ekjhWi ikXij|dY_Wi fWY_ dj i h Zk i dei Ykijei Zei Yk_ZWZei(.+ 01
Wd b_i i Yec dj h_ei cW_i h Y dj i gk Z iYh l c ei P h_ei ijkZei ij e _dl ij_ WdZe ijhWj _Wi Z jhWjWc dje
fedjei ehj i hWYei Z ij h bWj h_e WcfbWc dj i k_Ze _Z W_i Yec _dikb_dW bk_Zei _djhWl deiei X c Yece
X c Yece h Wi gk d Y ii_jWc Z h l_i e ek ijkZe kjkhe( ijhWj _Wi Z jhWjWc dje Wbj hdWj_lWi h ikbjWZei WZl hiei
1 +* 0* 0-;i h Yec dZW i Z fh j_YW Yb£d_YW cW_i h Y dj i ZW Wdj h_ehc dj _d nfbehWZei c fWY_ dj i WZkbjei gk
;>; Z ,*+3 fWhW e jhWjWc dje ZW Y jeWY_Zei Z_WX j_YW Wfh i djWc Z_WX j i Z iYecf diWZW( ;b kdi Z ii i diW_ei
_dYbk c l h_Wi WjkWb_pW i z Z YbWhW e Z Yedi die Z ,**3 ij e b_ijWZei WXW_ne(
Yed ehc _dZ_YWZe dW jWX bW + dW jWX bW ,(0;i Z_h jh_p i Ze =b_d_YWbjh_Wbi( el H=N*,3-**.. I eX` j_le Z ij ijkZe
_Ze feh Z_h _jei WkjehW_i(
L _de Od_Ze fWhW e cWd `e ZW Y jeWY_Zei Z_WX j_YW BBM Z j hc_dWh i fWY_ dj i WZkbjei Yec Y jeWY_Zei Z_WX j_YW
iYh_jWi f be De_dj <h_j_i >_WX j i MeY_ j_ i Cd JWj_ dj =Wh gk i Wfh i djWc We fhedje'ieYehhe i e jhWjWZei Yec
Ahekf WjkWb_pWZWi cW_i h Y dj c dj c ,*+- ,*+0 _dikb_dW bWh _dW * - kd_ZWZ i)a Yec Zei c n_cW Z -*
h if Yj_lWc dj jWcX c ehWc ik` _jWi W kc nWc kd_ZWZ i Z djhe Z ZkWi ehWi Wf i e _d£Y_e ZW _d ki e
c_dkY_eie i c b Wdj We ZW ;>;(, . _djhWl deiW Z _dikb_dW fh Y_iWc kcW ZkhW e cW_i YkhjW ZW
;i i i ieXh jhWjWc dje ZW Y jeWY_Zei Z_WX j_YW MBB WZc_d_ijhW e Z _dikb_dW _djhWl deiW fWhW h iebl h W
_dYbk£ZWi d ij cWdkiYh_je ehd Y c YecfWhW i Z_h jWi ZWi Y jeWY_Zei Z_WX j_YW c YecfWhW e Yec e jhWjWc dje
h Yec dZW i ZWi Z_h jh_p i ZW ;>; Ze L _de Od_Ze fWhW fWZh e _dikb_dW bWh _dW WZc_d_ijhWZW ZkWi W jh i ehWi
h iikiY_jW e Yec bk_Zei h fei_ eZ b jh b_jei j hWf_W Yec Wdj i Z _dj hhecf h W _dikb_dW _djhWl deiW ( ?ij ijkZe
_dikb_dW jhWdi_ e Z fWY_ dj i Z lebjW fWhW kc h _c ehd Y h _d ehcW i WZ_Y_edW_i ieXh e kie Z fh fWhW i
Zec_Y_b_Wh Z Yedjheb b_Y c_Ye gkWdZe Wfhefh_WZe( H d kc Z _dikb_dW Z W e fhebed WZW de _d£Y_e Ze jhWjWc dje fWhW
ijkZe YecfWhek ijhWj _Wi h Yec dZWZWi f bW ;>; f be L _de Y jeWY_Zei Z_WX j_YW(1. 1/; YedYbki e ij fh l_ijW fWhW
Od_Ze WYh Z_jWcei gk ij j_fe Z ijkZe d e del cXhe Z ,*+3(
2U SG UGVG TU TGQ J *
?MN;>I >; ;LN? L ?P C ?Q
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
+ JWY_ dj i Yec h_iYe Z Y jeWY_Zei Z_WX j_YW k b_Y c_YW feZ c
kc _d_X_Zeh ZW Z_f fj_Z_b f fj_ZWi .( ; YedYbki e ij fh l_ijW
Yec e kie Z _d_X_Zeh i Ze YejhWdifehjWZeh , Z i Z_e b_Yei
fWhW ,*,*(
Wdj i ZW WZc_d_ijhW e Z ii i c Z_YWc djei9
, KkW_i i e ei c jeZei _Z W_i fWhW W Yedj_dkW e Ze
=b_d_YWbjh_Wbi( el H=N*,..-.+/ I eX` j_le Z ij
j hWf_W Yec _dikb_dW _djhWl deiW gk c_d_c_pW e h_iYe Z ijkZe YedYbk£Ze ,*+1 cWi W_dZW d e fkXb_YWZe e_
_fe b_Y c_W9 WlWb_Wh Wbj hW i dW kd e Y h XhWb Z c c h_W
- Kk j_fe Z ijhWj _Wi Z h fei_ eZ bk_Zei kiWdZe j ij i Ye d_j_lei h iied|dY_W cW d j_YW c
f hc_j_h W Yehh e ZW Z i_ZhWjW e i c h ikbjWdj fWY_ dj i Yec Z_WX j i gk d e j c _ij h_Ye Z
WY_Zei c jWX b_YW _f hYbeh c_YW9 Y jeWY_Zei Z_WX j_YW ek gk j c kc( f_i Z_e ek cW_i
. ?n_ij kcW WXehZW c j hWf kj_YW gk feiiW fhecel h Z jh i f_i Z_ei Z Y jeWY_Zei Z_WX j_YW( JWY_ dj i
c_d_c_pWh e h_iYe Z Z cW Y h XhWb Yece Yecfb_YW e ZW iWkZ l _i i c Z_WX j i jWcX c ehWc ijkZWZei(
Y jeWY_Zei Z_WX j_YW c WZkbjei `el di9
/ Kk _dj hl d i h Zkp c _YWpc dj e h_iYe Z h Yehh dY_W
4TSIQ i
Y jeWY_Zei Z_WX j_YW c fWY_ dj i gk Wfh i djWc h WZc_ii i
; Y jeWY_Zei Z_WX j_YW W MBB i e c h dY_Wi c jWX b_YWi hWl i
eif_jWbWh i h gk dj i9
gk j c fej dY_Wb fWhW h ikbjWZei WZl hiei gkWdZe d e i e
fhedjWc dj h Yed Y_ZWi jhWjWZWi( Oc Wkc dje fh eYkfWdj dW
4 = C 24:6 D6C 6CD 6 F F:5 C 2 4B:2 56CD6
_dY_Z dY_W Z _dj hdW i feh Y jeWY_Zei Z_WX j_YW eYehh k dWi bj_cWi
=2 EC4B:D
ZkWi Z YWZWi Yec W ec_ii e Z _dikb_dW W _d Y e f hcWd Y dZe
=edl_ZWcei jh i f iieWi Yec Z_WX j i j_fe + _ij h_Ye f iieWb Z
Yece Wi ZkWi YWkiWi fh Y_f_jWdj i fh Zec_dWdj i(+, +- +/; _djheZk e
Y jeWY_Zei Z_WX j_YW gk Yed Y cei fWhW h l_iWh ei hWiYkd ei
Zei _d_X_Zeh i Ze MAFN, Wkc djek W YediY_ dj_pW e ieXh W
WlWd WZei Z ij cWdkiYh_je( J Z_cei'b i ei i ki Yec dj h_ei
ieXh e gk Yedi_Z hWlWc h Wi gk ehWc _ dehWZWi e gk feZ Y jeWY_Zei Z_WX j_YW k b_Y c_YW gk feZ eYehh h Yec e kie Z ii i
j h i_Ze d Wj_pWZe Yehh jW ek _dYehh jWc dj ( I Yedi die djh W dj i X c Yece c ekjhWi i_jkW i Yb£d_YWi(,.?ZkYWh ei fWY_ dj i
ii i h l_ieh i e_ gk hW d Y ii h_W kcW d Wi dW nf h_ dY_W Ze fWhW l h_ _YWh Wi Y jedWi dW kh_dW ek de iWd k dW fh i d W Z i_djecWi
fWY_ dj ZW Wc£b_W Yec e Z_WX j i Z iYecf diWZe X c Yece dW Yece d ki Wi l c_jei )ek WZ_ W c ice gk Wi YedY djhW iZ
fh l d eZ f_i Z_ei h Yehh dj i( NeZei h bWjWhWc f_i Z_ei b_Yei de iWd k ij `Wc WXW_ne Z ++ + cceb)F ,** c )ZF
f iieW_i ek eXi hlWZei Z Zei i Z _dikb_dW i dZe hhed Wc dj
_cfehjWdj fe_i ii i i_djecWi feZ c h fh i djWh i_djecWi fh YeY i(
h j_ZWi ZkhWdj kcW _dj hdW e eif_jWbWh( IkjhW ik ij e e_
i_dW_i Z Wb hjW fWhW Y jeWY_Zei Z_WX j_YW(/*
d Wj_pWh W d Y ii_ZWZ Z h Yed Y h W Y jeWY_Zei Z_WX j_YW c
_dj hdW e eif_jWbWh ek Z_c_dk_ e kie Z h Ykhiei( ?ij dele Wc£b_Wi ieXh e h Yed Y_c dje fh YeY Wi YWkiWi Wi ijhWj _Wi
ijkZe XWi _W'i c ijkZei fh b_c_dWh i Zei _dl ij_ WZeh i fWhW W fh l d e Ze Z_WX j i W kZe Z iYecf diWZe(
gk ceijhWc gk Wi YedY djhW i Z j_Wc_dW gk i e ; hWZ Y cei W JWkb Mjhkcf F_dZW @ @h_ Z B XW CicW_b f bW h l_i e Z kcW l hi e
Wdj h_eh Z ij cWdkiYh_je feh ehd Y h Yec dj h_ei gk ehWc j _i fWhW jehdWh ijW
Z _Y_ dj i c Wj -1 Zei fWY_ dj i Yec Y jeWY_Zei
h l_i e XWi WZW de fWY_ dj Z kc j f_Ye _cfehjWdj ( ; hWZ Y cei jWcX c W E bb_
Z_WX j_YW ij e _dl hiWc dj WiieY_WZWi z hWl_ZWZ ZW ;dj_deh_'F dj f bWi ikWi ik ij i if Y_Wb_pWZWi fWhW W i e ieXh ZkYW e Ze
WY_Zei ( ; YedYbki e ij fh l_ijW fWhW ,*,-( fWY_ dj (
=b_d_YWbjh_Wbi( el H=N*,+1,*3, I eX` j_le Z ij ijkZe =ebWXehWZeh i4; ?E@ p W h l_i e ZW b_j hWjkhW fh_c h_W fWhW ij cWdkiYh_je
iYh l k Wi i i ieXh W f_Z c_ebe _W _i_efWjebe _W ZW Y jeWY_Zei Z_WX j_YW
WlWb_Wh Wi ckZWd Wi dWi YedY djhW i Z i Z_e Ybeh je
ZW i£dZhec _f h b_Y c_YW _f heicebWh MBB ( ;=> iYh l k Wi i i ieXh
ce beX_dW de iWd k dW kh_dW ZkhWdj W h iikiY_jW e jhWjWc dje W kZe ZW Y jeWY_Zei Z_WX j_YW MBB YecfWhek YedjhWijek
Yec bk_Zei c fWY_ dj i Yec Y jeWY_Zei Z_WX j_YW( ; Yk_ZWZeiWc dj Wi Z_h jh_p i fkXb_YWZWi de L _de Od_Ze dei ?O;( GNE eh_ djek W
YedYbki e ij fh l_ijW fWhW Z p cXhe Z ,*+3( h ZW e Ze cWdkiYh_je Yecfb je Wiikc_k W h ifediWX_b_ZWZ fh_c h_W f bWi i i
ieXh Wfh i djW e Yb£d_YW fh l d e Yecfb_YW i( NeZei ei Wkjeh i h l_iWhWc
=b_d_YWbjh_Wbi( el H=N*,20.3+. ?ij ijkZe j c Yece jeZWi Wi i i Ze cWdkiYh_je ehd Y dZe ik ij i Z Yedj Ze _dYbk£Ze
eX` j_le WlWb_Wh e h_iYe Z b i e f j_YW ek h dWb W kZW h h dY_Wi(
2U SG UGVG TU TGQ J *
?MN;>I >; ;LN? L ?P C ?Q
Cdj h ii i Yecf j_j_lei4F cei dj dZ cei W feb£j_YW Ze <GD ieXh Z YbWhW e ,/ Ho dm ?; E_jWXY _ ;?( ; lebk e ZW Y jeWY_Zei Z_WX j_YW4 kcW
Z _dj h ii i Z YbWhWcei ei i k_dj i _dj h ii i4 d d kc( WjkWb_pW e Z ikW j_ebe _W fWje d i cWd `e(G jWXeb_ice
Jhel d_ dY_W h l_i e feh fWh i4=ec_ii_edWZe5 h l_iWZe nj hdWc dj feh fWh i( +
,*+050/4/*1' ,+(+*(+*+0)`(c jWXeb(,*+/(+,(**1 fc_Z4,031//.-(
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
E_jWXY _ ;? Ocf_ hh p A? G_b i DG @_i h DH( =h_i i _f h b_Y c_YWi c ,0 G_b i DG L_ppW L; BWocedZ GQ A h_Y D?( ? _jei ZW Z _Y_ dY_W W kZW Z
fWY_ dj i WZkbjei Yec Z_WX j i(=k_ZWZei Yec Z_WX j i,**35-,4+--/'.-( _dikb_dW dW h delW eZ b_Yei Yehfei Y j d_Yei de ec c4 l_Z dY_Wi
, Ahkfe =ed`kdje Z =k_ZWZei Cdj hdei ZWi MeY_ ZWZ i <h_j|d_YWi Z >_WX j i( I Y jeWY_Zei Z_WX j_YW(>_WX j i+32*5,343,0'-*( +*(,--1)Z_WX(,3(++(3,0
Z_WX jebe _ijWi'WXYZ(eh (ka)D<>M)D<>MUCJU>E;U;ZkbjiUL l_i Z(fZ ( JWigk b @D ,1 > @hedpe L; @ hhWdd_d_ ?( L kbW e Ze c jWXeb_ice f j_Ye ZW b_Yei
- Ocf_ hh p A?( ?ijWZe _f h b_Y c_Ye _f heicebWh4 kcW h l_i e _ij h_YW ZW c kcWdei(>_WX j i G jWX L l(+3215-4.+/'/3( +*(+**,)
Wfh i djW e Yb£d_YW Z_W d ij_Ye jhWjWc dje(=k_ZWZei Yec Z_WX j i Zch(/0+**-*,*. fc_Z4-//,/,3(
,*+.5-14-+,.'-+( +*(,--1)ZY+.'*32. fc_Z4,/-.,2-+( MYejj ;L( De_dj <h_j_i ,2 ?njed DB( G YWd_icei Z h kbW e ehcedWb Ze c jWXeb_ice
. >_WX j i MeY_ j_ i D<>M fWhW jhWjWc dje Z fWY_ dj i _dj hdWZei Ahkfe Z f j_Ye ZW b_Yei (>_WX j i G jWX L l(+3215-4+0-'2-( +*(+**,)
Z_h jh_p i _f heicebWh i _f h b_Y c_YWi D<>M( GWd `e Ze ijWZe Zch(/0+**-*+*2 fc_Z4-*-,/.+(
_f h b_Y c_Ye _f heicebWh c WZkbjei Yec Z_WX j i(G Z_YWc dje fWhW ,3 G o h = Mjkclebb G >eijek D Q bb M BWocedZ G A h_Y D( NheYW Z
Z_WX j i ,*+/5-,41+.',.( +*(++++)Zc (+,1/1 fc_Z4,/32*0.1( BWdZ bicWd S ikXijhWje h dWb b_Yed e d i c kcWdei f i'WXiehj_lei
/ B dho LL <beec WhZ d TN j Wb( > YbWhW e Z fei_ e ZW ;iieY_W e dehcW_i(;c D J oi_eb ?dZeYh_deb G jWX,**,5,2,4?.,2'-.( +*(++/,)
;c h_YWdW Z ?dZeYh_debe _ijWi =b£d_Yei Ze =eb _e ;c h_YWde Z W`f dZe(**++0(,**+ fc_Z4++122-10(
?dZeYh_debe _W ieXh W ;iieY_W e Z Cd_X_Zeh i Z MAFN', = jeWY_Zei -* G o h = Mjkclebb G Q bb M Qe hb BD BWocedZ G A h_Y D( Ccfehj|dY_W
>_WX j_YW(Jh j_YW ?dZeYh,*+05,,41/-'0,( +*(.+/2)?J+0+,3,( JM fc_Z4,1*2,00/( h bWj_lW Ze £ WZe h_c ikXijhWjei de Wkc dje ZW b_Yed e d i _dZkp_ZW
f bW f_d h_dW c kcWdei(;c D J oi_eb ?dZeYh_deb G jWX ,**-5,2/4?2+3',0(
0 ;iieY_W e ;c h_YWdW Z >_WX j i( +/( =k_ZWZei Yec Z_WX j i de eif_jWb4 JWZh i +*(++/,)W`f dZe(**+./(,**- fc_Z4+,3/33-0(
Z Wj dZ_c dje c Z_Ye c Z_WX j i',*+3(=k_ZWZei Yec Z_WX j i
-+ @eij h >Q GYAWhho D>( Ii Z_ij hX_ei c jWX b_Yei e jhWjWc dje
,*+35., Mkfb c dje + 4M+1-'2+( +*(,--1)ZY+3'M*+/ fc_Z4-*//3,.+( Ocf_ hh p A
ZW Y jeWY_Zei Z_WX j_YW(H ?d b D G Z+32-5-*34+/3'03( +*(+*/0)
1 Eehojaemia_ G( ?c h dY_Wi Z_WX j_YWi '
H?DG+32-*1,+-*3*-*1 fc_Z40.*2.10(
Y jeWY_Zei ijWZe _f heicebWh _f h b_Y c_Ye _fe b_Y c_W(
-, G_b i DG BWocedZ GQ H_ii d MF A h_Y D?( ? _jei ZW Z_ifed_X_b_ZWZ Z Y_Zei
HWj L l ?dZeYh_deb,*+05+,4,,,'-,( +*(+*-2)dh dZe(,*+0(+/
hWnei b_lh i nY iie Z bkYW ed Z _Y_ dY_W Z _dikb_dW dW fheZk eZ
fc_Z4,023-,0,(
Yehfei Y j d_Yei c ec di f i'WXiehj_lei(D =b_d Cdl ij+32-51+4+//.'0+(
2 QWY j b ND N jk'GekhWZ`_Wd FG AebZcWd >F ?bb_i M? I Mkbb_lWd JM(
+*(++1,)D=C++*3++ fc_Z40+-.1/-(
B_f heicebWh_ZWZ WY_Zei de Z_WX j i c bb_jki4 kcW nf h_ dY_W Z
jh i Wdei c L eZ CibWdZ(D A d ?ijW _ h_e G Z_Ye+33+504.3/'/*,( -- G_b i DG A h_Y D?( =_d j_YW ZW b_Yei Zei Yehfei Y j d_Yei dW Y jeWY_Zei
= jeWY_Zei Z_WX j_YW k b_Y c_YW(<h G Z D+31-5,4/12'2*( -. JWbc h <@ =b >D( >_ij hX_ei b jheb£j_Yei Y_Ze'X i_Yei c
+*(++-0) Xc`(,(/200(/12 fc_Z4.+31.,/( fWY_ dj i Yec Z_WX j i c bb_jki(H ?d b D G Z,*+/5-1-4/.2'/3(
+* > WjWh_oW EE Ocf_ hh p A?( >_h jh_p i fWhW cWd `e ZW Y jeWY_Zei +*(+*/0)H?DGhW+/*-+*, fc_Z4,0,..-*2(
Z_WX j_YW4 ehW Z h l_iWh9FWdY j >_WX j i ?dZeYh_deb,*+15/4-,+'-( -/ GYAWhho D> @eij h >Q( L kbW e ZW en_ZW e f j_YW Z Y_Zei hWnei
+*(+*+0)M,,+-'2/21 +1 -**3-'+ fc_Z4,2-1,31/( fheZk e Z Yehfei Y j d_Yei(;ddk L l <_egk£c_YW+32*5.34-3/'.,*( +*(++.0)
++ Nheo JD =bWha LJ EWaWhWbW MA <khdi D M_bl hcWd C? M eh ?( ?Z cW Wddkh l(X_(.3(*1*+2*(**,+.- fc_Z40+/1-/-(
Y h XhWb ZkhWdj e jhWjWc dje Z Y jeWY_Zei Z_WX j_YW c kc WZkbje -0 > WjWh_oW E( = jedWi de MWd k 4 G Z_ e Cdj hfh jW e F_c_jW i
Yec Z_WX j i Z _d£Y_e h Y dj (=k_ZWZe H kh Yh_je,**/5,4//'2( +*(+-2/) Oj_b_ZWZ de NhWjWc dje ZW = jeWY_Zei >_WX j_YW(L l >_WX j i
Z_WYWh (,*(-(-.3 fc_Z43*/+-20( c Z_YWc djei Wdj_fi_Y j_Yei Wj£f_Yei(=khh J Whc > i
+/ = djhei Z =edjheb Jh l d e Z >e d Wi( L bWj h_e HWY_edWb Z ,**.5+*4,,+3',3( +*(,+1.)+-2+0+,*.--2.*22 fc_Z4+/,2+231(
?ijWj£ij_YWi ieXh >_WX j i( ,*+1( jjfi4))mmm(YZY( el)Z_WX j i)ZWjW) .+ > WjWh_oW E Hkdd o C CY jed A( @Wjeh i _dij_jkY_edW_i de jhWjWc dje Z WZkbjei Yec
ijWj_ij_Yi)ijWj_ij_Yih fehj( jcb( Y jeWY_Zei Z_WX j_YW de L _de Od_Ze4 h ikbjWZei Z kcW f igk_iW dWY_edWb(
+0 P bbWda_ J Ocf_ hh p A?( = jeWY_Zei Z_WX j_YW4 kcW ijh _W Yeckc Z G Z_YWc dje fWhW Z_WX j i,*+05--4,03'1*( +*(++++)Zc (+,211 fc_Z4,0,-/+*.(
Z_WX j i djh W he'Wc h_YWdei Yec Z_WX j i j_fe ,(Jh j_YW ?dZeYh ., > WjWh_oW EE Hkdd o C B_ _di E MWcfied GD CY jed A( J igk_iW dWY_edWb ieXh e
,*+15,-431+'2( +*(.+/2)?J+0+013(L; fc_Z4,2/-.02,( = Wbk QN >Wm i >? jhWjWc dje ZW Y jeWY_Zei Z_WX j_YW =;> de L _de Od_Ze c ,*+.( G Z_YWc dje fWhW
+1 AWlbWa A j Wb( Ahkfe Z NhWXWb e ieXh ;Y iie ;Y ii_X_b_ZWZ z Cdikb_dW4 Z_WX j i,*+05--4,/,'0*( +*(++++)Zc (+,21/ fc_Z4,0,20,-/(
=edYbki i L Yec dZW i(=k_ZWZei Yec Z_WX j i ,*+25.+4+,33'-++( .- Jebediao QB ;dZ hied <D Fe h h J; ;fedj D? DWYeXied ;G =eb =@(
+*(,--1)ZY_+2'**+3 fc_Z4,31-32+.( > WjWh_oW EE Ma Z b = @ehZ Wc L( I Ic_ii e Z _dikb_dW c ckb h i Yec >G>C(=k_ZWZei Yec Z_WX j i
+2 Ykije Ze jhWjWc dje ZW Y jeWY_Zei Z_WX j_YW de L _de Od_Ze4 kcW f igk_iW +33.5+14++12'2/( +*(,--1)Z_WYWh (+1(+*(++12 fc_Z412,++-3(
dWY_edWb ieXh e kie Z h Ykhiei eif_jWbWh i(G Z_YWc dje fWhW Z_WX j i .. A_ iicWdd F= EWdd JB( L_iYe h b l|dY_W ZW j hWf_W Yec XecXW Z
,*+15-.4+-0+'0( +*(++++)Zc (+-.,1 fc_Z4,21,1+1/( > bWd o G@ T_icWd ; _dikb_dW dW j_ebe _W ZW Y jeWY_Zeic f iieWi Yec Z_WX j i j_fe +(?nf =b_d
+3 E jjob QG( = jeWY_Zei Z_WX j_YW i£dZhec _f heicebWh d e Y j j_YW ?dZeYh_deb >_WX j i,*+2(fc_Z4-**.3**,(
_f h b_Y c_YW(?dZeYh_deb G jWX =b_d Hehj ;c,***5,3402-'1*/ P( +*(+*+0)
./ Se _'Gehh d > FWdiWd G=( GWd `e Z fWY_ dj i Yec Z_WX j i j_fe + de
M*223'2/,3 */ 1*+/3' +2 **4+++.3+/1(
eif_jWb(L fh i djWdj =khh >_WX,*+.5+.4./2( +*(+**1)
_Ze feh Z_h _jei WkjehW_i(
i++23,'*+-'*./2',+ 4,.-3200+(
,* @WZ_d_ AJ Z Eh kjp dX h MP L_ Wje G j Wb( =WhWYj h£ij_YWi h ikbjWZei ZW
.0 <bWk D? N bbW MB NWobeh MC Lej h EC( = jeWY_Zei WiieY_WZW We jhWjWc dje
i£dZhec _f heicebWh d e Y j j_YW _f h b_Y c_YW c kcW Yeehj Z /+ YWiei
Yec _d_X_Zeh Z MAFN,4 ;d b_i Zei ZWZei Ze @;?LM(>_WX j i G jWX L i L l(
Yedi Ykj_lei c kc d_Ye Y djhe(=b£d_YW Z L iikhh _ e Z >_WX j i
,*+15--( +*(+**,)Zchh(,3,. fc_Z4,21-032+(
,*++53.4+1,'3( +*(+*+0)`(Z_WXh i(,*++(*0(*+2 fc_Z4,+1/,.2/( J j hi ;F
,+ <kiY kh ?I <ki D< =e Wd J >_d h D= B_hiY C<( = jeWY_Zei Z_WX j_YW
.1 Lei dijeYa D @ hhWdd_d_ ?( = jeWY_Zei Z_WX j_YW k b_Y c_YW4 kcW
fh eYkfW eZ i khWd W fh l_i£l b Z j Yj l b l_j l b Yec _d_X_Zeh i
k b_Y c_YW4 kcW Yecfb_YW e fej dY_Wb Ze jhWjWc dje
Z MAFN,(=k_ZWZei Yec Z_WX j i,*+/5-24+0-2'.,( +*(,--1)ZY+/'+-2*
=ec _d_X_ e Ze YejhWdifehjWZeh , Z i Z_e' b_Yei (=k_ZWZei Yec Z_WX j i
fc_Z4,0,3.11.(
,*+/5-24+021'3-( +*(,--1)ZY+/'*2.- fc_Z4,0*12.13( G o h ?D AWXX A
,, D ikZWied >( = jeWY_Zei Z_WX j_YW k b_Y c_YW WiieY_WZW We _d_X_Zeh Z MAFN,4 .2 NWobeh MC <bWk D? Lej h EC( Ii _d_X_Zeh i Ze MAFN, feZ c fh Z_ifeh z
kcW i h_ Z YWiei Yb£d_Yei ZW ;kijh b_W Ze Mkb dej_ _YW i Z l djei WZl hiei Y jeWY_Zei (D =b_d ?dZeYh_deb G jWX,*+/5+**4,2.3'/,( +*(+,+*)
ifedj|d ei dW ;kijh b_W(=k_ZWZei Yec Z_WX j i ,*+25.+4 .1'3( +*(,--1) `Y(,*+/'+22. fc_Z4,0*20-,3(
ZY+1'+1,+ fc_Z4,3..*++,( O ZW J MlWdijh¨c B G bXo G j Wb( Cd_X_Zeh i Ze .3 BWjj hib o ;N N eh di <( >_WX j i j_fe , _d_X_Zeh i Z MAFN,
,- YejhWdifehjWZeh Z b_Yei Z i Z_e , h_iYe Z l djei WZl hiei hWl i4 ijkZe i Yh e Z b_Yei (H ?d b D G Z,*+/5-1-431.'0( +*(+*/0)
Z Yeehj XWi WZe c h _ijhe dWY_edWb(<GD,*+25-0-4a.-0/( +*(++-0)Xc`(a.-0/ H?DGY_Xh+/*0/1- fc_Z4,0--,//.(
fc_Z4-*.,3+,.( GeZ_ ; ; hWmWb ; Geh Wd @( >_WX j_Ye ?k b_Y c_Ye /* AWh ME J j hi ;F <ki D< >Wdd N( ?ijhWj _W fWhW G_j_ Wh e L_iYe Z
,. =;> c JWY_ dj i Yec >_WX j i N_fe + c NhWjWc dje ;Z`klWdj Yec
= jeWY_Zei 4 kcW h l_i e(=khh >_WX j i L l(,*+15+-4-+/',+( Cd_X_Zeh i Z MAFN4 Oc JhejeYebe MNC=B(N Ydebe _W fWhW >_WX j i
+*(,+1.)+/1--332+,000+0*.,++,+-*1 fc_Z4,1*310*/( ,*+25,*4/1+'/( +*(+*23)Z_W(,*+2(*,.0 fc_Z4-*+,311,(
2U SG UGVG TU TGQ (J *
?MN;>I >; ;LN? L ?P C ?Q
/+ QWY j b ND M_bb_cWd L; FWcX hjed J( @Wjeh i fh Z_ifed dj i fWhW e ijWZe 1/ >ei _ J Jejj h ;D > Fei MWdjei > <Wdk bei L >Wh h <@ = WjWcfWbbo S(
_f heicebWh Z_WX j_Ye(;hgk_ ijW _ h_e G Z_Ye+3225+.241.1( +*(+**+) ?diW_e fheif Yj_le hWdZec_pWZe Z _dikb_dW bWh _dW de jhWjWc dje W kZe ZW
Whgk_dj (+322(**-2**-*,/-*.* fc_Z4--.+21/( Y jeWY_Zei Z_WX j_YW de fhedje'ieYehhe4 kc ijkZe f_beje(
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
/, ;h_ ;C =Whhebb BD( ?Z cW Y h XhWb Z fh ii e Ze i di h_e de YecW ;YWZ ?c h G Z,*+/5,,40/1'0,( +*(++++)
_f heicebWh d e Y j j_Ye(>_WX j i+31.5,-4/,/'-+( +*(,--1) WY c(+,01- fc_Z4,0*+-1++(
Z_WX(,-(0(/,/ fc_Z4.2-.,3+( 10 ;dZhWZ '=Wij bbWdei =; =ebkd W'FepWde F? > b WZe'@_ k heW H AedpWb p'JWZ_bbW >;(
/- BWhW DM LW XWh ;D D h i GH CpkehW E?( CcfWYje Z kc fhejeYebe Z ;d be ei ikXYkj|d ei Z _dikb_dW Z W e h f_ZW fWhW Y jeWY_Zei Z_WX j_YW(L l_i e Ze
Yh_i i _f h b_Y c_YWi(Jh j_YW ?dZeYh,*+-5+343/-'0,( +*(.+/2)?J+-*11( IO i_ij cW Z XWdYe Z ZWZei =eY hWd ,*+05 + 4=>*++,2+(fc _Z4,0132*-*(
fc_Z4,-2*1/,+(
/. <kbb MP >ek bWi CM @eij h G ;bX hj LE( JhejeYebe eXh_ Wj h_e fWhW jhWjWc dje Z 11 ?hi¨p BI Oa_dY E E¨i G j Wb( Ii jhWjWc djei Yec b_ifhe ikXYkj|d e
fWY_ dj i WZkbjei Yec Y jeWY_Zei Z_WX j_YW Z_c_dk_ e j cfe Z f hcWd dY_W dW _dikb_dW h kbWh _djhWl deiW i e _ kWbc dj _YWp i i khei fWhW e
kd_ZWZ Z j hWf_W _dj di_lW de eif_jWb4 h ikbjWZei Z kc diW_e d e jhWjWc dje ZW Y jeWY_Zei Z_WX j_YW b l ceZ hWZW c fWY_ dj i
hWdZec_pWZe(=k_ZWZei =h£j_Yei G Z_Yei,**15-/4.+'0( WZkbjei(=b£d_YW Cdj D,**050*4.,3'--( +*(++++)`(+-02'/*-+(,**0(**120(n
+*(+*31)*+(==G(****,.32,/(+2011( >, fc_Z4+1*3/3..( fc_Z4+00,*-//(
// N kpWh G GWbWXk OB N_iZ bb < MWd bW EM( I kie Z kc fhejeYebe 12 Ocf_ hh p A? =k hle L EWhWX bb ; FWj_ E @h _h ;R E_jWXY _ ;?( NhWjWc dje
fWZhed_pWZe Z cWd `e ZW Y jeWY_Zei Z_WX j_YW c b ehek ei ZW Y jeWY_Zei Z_WX j_YW Yec _dikb_dW Wif hj_Ye ikXYkj|d W(=k_ZWZei Yec
h ikbjWZei Yb£d_Yei(=b£d_YW Z L iikhh _ e Z >_WX j i,*+.5+*.4 2'++( Z_WX j i ,**.5,14+21-'2( +*(,--1)Z_WYWh (,1(2(+21- fc_Z4+/,11.+*( Ocf_ hh p
+*(+*+0)`( Z_WXh i(,*+.(*+(*+0 fc_Z4,./*1201( 13 A? FWj_ E Mje l h D j Wb( ? _Y Y_W ZW _dikb_dW b_ifhe ikXYkj|d W l hiki _dikb_dW
/0 ObbWb D ;be_ D; L o i'Ocf_ hh p > j Wb( =ecfWhW e Z h _c i Z h kbWh _djhWl deiW Yedj£dkW fWhW e jhWjWc dje Z fWY_ dj i Yec Y jeWY_Zei
_d ki e Z _dikb_dW k_WZei feh YecfkjWZeh fWZh e c fWY_ dj i Yec Z_WX j_YW(Mek D G Z,**.5++14,3+'0( +*(+*+0)`( Wc`c Z(,**.(*/(*+*
Y jeWY_Zei Z_WX j_YW(D >_WX j i MY_ N Y deb,*+25+,4-3'.0( fc_Z4+/--0/11(
+*(++11)+3-,,302+11/*233 fc_Z4,3,3+0.2( 2* EWheb_ L @Wj_cW D MWbcWd N MWdZ k M M WdaWh L( A h dY_WdZe Y jeWY_Zei
/1 FWb_X hj < S kd MS; AedpWb i DJ( CcfWYje Ze cWd `e ZW Y jeWY_Zei Z_WX j_YW c WcX_ dj Z kd_ZWZ Z j hWf_W d e _dj di_lW4 JWf b Zei Wd be ei
Z_WX j_YW dW kd_ZWZ Z j hWf_W _dj di_lW c Z_YW Wf i _cfb c djW e Ze Z _dikb_dW(CdZ_Wde D J WhcWYeb,*++5.-4-32'.*+( +*(.+*-)*,/-' 10+-(2-+*3
Yed`kdje Z f Z_Zei(Cdj D J Whc JhWYj,*+15,/4,-2'.-( +*(++++)_`ff(+,-.0 fc_Z4,+2..33-(
fc_Z4,2--2,.1( 2+ = kW BL MY d _Z h ; < bbece L( <_YWhXedWje dW Y jeWY_Zei Z_WX j_YW ' kcW
/2 GWhj_d = GYE_dd o TD BeeZo > @_i F( Ccfb c djW e ZW l_W Z Yk_ZWZei _dj di_lei h l_i e i_ij c j_YW(;dd N hWf_W Cdj di_lW,*++5+4,-( +*(++20),++*'/2,*'+'
fWhW Y jeWY_Zei Z_WX j_YW4 ; _dYehfehW e de ch Z_c_dk_ i_ d_ _YWj_lWc dj e j cfe ,- 4,+3*0-01(
Z _dj hdW e(Jh j_YW ?dZeYh,*+05,,401-'2( +*(.+/2)?J+/+*1-( IO fc_Z4,1+10+.*( 2, @hedj_de A <ed Wdj_ L L_ Wcedj_ ; j Wb( GWd `e Ze ijWZe _f h b_Y c_Ye
_f heicebWh c WZkbjei Yec Z_WX j i(G Z_YWc dje fWhW Z_WX j i
/3 > lWb_W <( ;Z i e We fhejeYebe ZkhWdj e jhWjWc dje W kZe ZW ,*+05--4//,( +*(++++)Zc (+,200 fc_Z4,0,*0,,1(
Y jeWY_Zei Z_WX j_YW4 e dlebl_c dje Z if Y_Wb_ijWi b lWh_W W 2- GW W`_ P HWoWaM >ed_ _ ;= j Wb( =ecfWhW e Z fhejeYebei Z _d ki e Z _dikb_dW
c b eh i h ikbjWZei9=b£d_YW Cdj D,*+*50.4+/2*',( +*(++++)`(+1.,' l_iWdZe ++*'+.*c )ZF c fWY_ dj i Wf i Y_hkh _W YWhZ£WYW(N Ydebe _W fWhW >_WX j i
+,.+(,*+*(*,-.2(n fc_Z4,*2.0,*0( ,*+,5+.4+*+-'1( +*(+*23)Z_W(,*+,(*++. fc_Z4,-*.0-33( A eh M >Wb D MjWd_iijh j >(
0* NhWd NNN J Wi ; QeeZ ;D j Wb( L l_i e Z l_Z dY_Wi fWhW fhejeYebei Z 2. De_dj <h_j_i >_WX j i MeY_ j_ i D<>M fWhW Wj dZ_c dje W fWY_ dj i _dj hdWZei D<>M
cWd `e Z Y jeWY_Zei Z_WX j_YW c WZkbjei(?dZeYh_deb hedjWb FWkiWdd G Z_YWb PLCCC Qh_j_d Ahekf( OcW Z_h jh_p fWhW e kie Z _d ki e _djhWl deiW Z _dikb_dW
,*+1524+*0( +*(--23) dZe(,*+1(**+*0 fc_Z4,20/320/( JWj_ e ;G GWhi Yec jWnW lWh_ l b c fWY_ dj i c Z_Yei _dj hdWZei(G Z_YWc dje fWhW Z_WX j i
0+ LB H_bb i ?D <Wk =Q Lek Wd_ M; EWoZ d M( ?d h djWdZe W iYWii p Z ,*+/5-,41*0'+-( +*(++++)Zc (+,1/0 fc_Z4,/32*0.0( GWoi D; DWYaied EF > hXo N; j Wb(
bk_Zei _djhWl deiei ' kcW ijhWj _W Z h _ZhWjW e ehWb XWi WZW c 2/ OcW WlWb_W e ZW Y jeWY_Zei Z_WX j_YW h Yehh dj hW c djW e Ze Yk_ZWZe
eif_jWb(H ?d b D G Z,*+25-124+.1/'1( +*(+*/0)H?DGf+2*+11, cehjWb_ZWZ c = _YW e Cbb_de_i( =k_ZWZei Yec Z_WX j i,*+05-34+01+'0( +*(,--1)
fc_Z4,3/0+1*+( ZY+0'*002 fc_Z4,1.,,/13( >ed_ _ ;=( L Yec dZW i fh j_YWi fWhW fWY_ dj i c
0, G_ihW M Ib_l h HM( Oj_b_ZWZ ZW c Z_ e Z Y jedWi dW fh l d e Z_W d ij_Ye 20 jhWdi_ e Yec Z_WX j i j_fe , Ze eif_jWb fWhW YWiW(L fh i djWdj =khh >_WX,*+15+14/,(
YWkiWi d d kcW iebk e i_cfb i(H ?d b D G Z,*+25-124+.1,'.( ?diW_e Yb£d_Ye Z jWnWi Z _d ki e Z bk_Zei fWhW Y jeWY_Zei Z_WX j_YW
+*(+*/0)H?DGf+2**-.1 fc_Z4,3/0+03.( f Z_ jh_YW(H ?d b D G Z,*+25-124,,1/'21( +*(+*/0)H?DGeW+1+02+0
1+ E_jWXY _ ;? Gkhf o G< Mf dY h D GWjj h_ L EWhWi D( x d Y ii h_W kcW Zei 30 fc_Z4,32312/+( Qeb iZeh DC AbWi h H ; ki G j Wb( >_h jh_p i Ze =edi die Z
_d_Y_Wb Z _dikb_dW c kc fhejeYebe Z Zei XW_nW Z _dikb_dW fWhW e Jh j_YW =b£d_YW CMJ;> ,*+24 = jeWY_Zei Z_WX j_YW ijWZe _f heicebWh
jhWjWc dje ZW Y jeWY_Zei Z_WX j_YW9=k_ZWZei Yec Z_WX j i,**25-+4,*2+'/( _f h b_Y c_Ye(J Z_Wjh_W >_WX j i,*+25+3 Mkfb ,1 4+//'11( +*(++++)f Z_(+,1*+
+*(,--1)ZY*2'*/*3 fc_Z4+203.312( fc_Z4,33**0.+(
1, =WhZeie F P_Y dj H LeZh_ k i > Aec i F =Whh_b e @( 31 G hj diied D <W_b o G P daWj i < j Wb( Cdj di_ZWZ ZW Yehh e fh YeY ZW
=edjhel hi_Wi dW ij e Z c h dY_Wi _f h b_Y c_YWi c _f h b_Y c_W lebk e Z fWY_ dj i hWl c dj d hcei Yec Y jeWY_Zei
WZkbjei Yec Z_WX j i(G jWXeb_ice,*+15024.-'/.( +*(+*+0)`( Z_WX j_YW(L iikiY_jW e Z Yk_ZWZei Yh£j_Yei,*+15+34,00'1-(fc_Z4,2200311(
c jWXeb(,*+0(++(*+* fc_Z4,2+2-./,( 32 > WjWh_oW EE( = jeWY_Zei Z_WX j_YW(<GD,**15--.4+,2.'/( +*(++-0)
1- Fe NJ MWm M M j _ ME( Ged_jehWc dje z X _hW Ze b _je ZW Y jedW de Xc`(-3,-1(00++++(2* fc_Z4+1/2/+,-(
iWd k fWhW jhWjWc dje ZW Y jeWY_Zei Z_WX j_YW4 fheY ZW Yec 33 PWd Tob >A L Z h J > bfehj ?( A h dY_Wc dje Z bk_Zei c WY_Zei Z_WX j_YW'
Yk_ZWZe(G Z_YWc dje fWhW Z_WX j i,*+,5,342,1'2( +*(++++)`(+.0.' ' L_d h Yec bWYjWje l hiki iebk e iWb_dW dehcWb4 kc diW_e Yb£d_Ye
/.3+(,*++(*-.3*(n fc_Z4,+333/1/( hWdZec_pWZe(KDG ,*+,5+*/4--1'.-( +*(+*3-)g`c Z) Yh,,0 fc_Z4,,+*302-(
1. Bi_W ? M ba M A_XXi D j Wb( ; WZc_d_ijhW e ikXYkj|d W Z bWh _dW W +** GW b h M; =edhWZ M; QWd B ;hdebZ N=( L Wd_cW e Yec gk_b£Xh_e
fWY_ dj i Z_WX j_Yei gk h Y X c _d ki e Z _dikb_dW fh l_d W _f h b_Y c_W iebk e b jheb£j_YW fh l_d WY_Zei c jWX b_YW _f hYbeh c_YW c
Z h Xej (D =b_d ?dZeYh_deb G jWX,*+,5314-+-,'1( +*(+,+*) `Y(,*+,'+,.. fWY_ dj i Yec Y jeWY_Zei Z_WX j_YW(;c D ?c h G Z,*++5,3401*'.(
fc_Z4,,02/,--( +*(+*+0)`(W` c(,*+*(*,(**. fc_Z4,*2,/213(
2U SG UGVG TU TGQ )J *
?MN;>I >; ;LN? L ?P C ?Q
+*+ CiiW G ;bgW jWd_ @ T_WZW EG j Wb( CdY_Z dY_W h ikbjWZei Z +*. <hWZ ehZ ;F =h_Z h == Rk R HWgl_ MB( Jh Z_jeh i Z Beif_jWb L Yehh dj
Cd Whje Ze c_eY hZ_e i c b lW e Ze i c dje MN c fWY_ dj i ;Zc_ii e fWhW fWY_ dj i gk Wfh i djWc Y jeWY_Zei Z_WX j_YW
eif_jWb_pWZei Yec Z_WX j i Z iYecf diWZe(Mek D =WhZ_eb ijWZe _f heicebWh _f h b_Y c_Ye(D =b_d G Z L i,*+1534-/'3(
<GD4 fkXb_YWZe f bW fh_c _hW l p Yece +*(++-0)Xc`(b+++. c ,3 Z cW_e Z ,*+3( NhWdi h_Ze Z
,*+25+,,4+,31'-*,( +*(+*+0)`(Wc`YWhZ(,*+2(*1(**. fc_Z4-*+-++*2( +*(+.1.*)`eYch,13,m fc_Z4,13,.+1-(
+*, = d SF Q d M@ SWd =S QWd DD N_ d ED( L_iYe Z bed e fhWpe Z +*/ A_XX @Q N e QF AhW Wc D FeYacWd E;( L_iYe Z cehj Wf i
WY_Z dj lWiYkbWh Y h XhWb c fWY_ dj i Yec Z_WX j i j_fe , Yec WZc_ii e c kc eif_jWb Ze L _de Od_Ze Yec Y jeWY_Zei Z_WX j_YW(
Y jeWY_Zei Z_WX j_YW4 kc ijkZe Z WYecfWd Wc dje bed _jkZ_dWb Z XWi >_WX jebe _W ,*+05/34,*2,'1( +*(+**1)i**+,/'*+0'.*-.'* fc_Z4,1-31*,-(
fefkbWY_edWb YecfWj£l b Yec iYeh Z fhef di e(>_WX j i G jWX +*0 Ci_Zhe GF Deh M( ;Xkie Z Zhe Wi h Yh Wj_lWi c fWY_ dj i _dj hdWZei feh
,*+15.-4,,-'2( +*(+*+0)`( Z_WX j i(,*+0(++(**- fc_Z4,2+,3333( Y jei Z_WX j_YW ek Y jeWY_Zei Z_WX j_YW(;YjW >_WX jeb,*+-5/*4+2-'1(
+*- ;p l Ze F= = e_ B M_ccedZi E >Wl_Zem D <W i Wm MG( CdY_Z dY_W +*(+**1)i**/3,'*+*'*,.-'p fc_Z4,++-0+,,(
h ikbjWZei Z bed e fhWpe Z fWY_ dj i WZkbjei hWl c dj d hcei Yec Y jeWY_Zei Z_WX j_YW +*1 GY=eo LA B hh_d D F_fiaW ED M W H>( Beif_jWb_pW i h Yehh dj i
ceZ hWZW W hWl 4 ijkZe Z Yeehj h jheif Yj_le Yehh ifedZ dj ( fWhW _fe b_Y c_W _f h b_Y c_W hWl i djh WZkbjei dehj 'Wc h_YWdei
D =h£j_Ye =k_ZWZei,*+.5,3431+'1( +*(+*+0)`( Yec Z_WX j i(=ecfb_YW i Ze Z_WX j i,*+25-,403-'1*+( +*(+*+0)`(
`YhY(,*+.(*1(*-. fc_Z4,/,,*/,3( `Z_WYecf(,*+2(*.(**1 fc_Z4,31/+30+(
2U SG UGVG TU TGQ *J *