Čć! (-!+Ä“ĹŠ 4-%41 '4
Äž ĹŠ } Ä? ƒ
ƒ
#8ĹŠ"#ĹŠ 1;-2(3.ĹŠ 2#ĹŠĹŠ%4 1"¢Ŋ ĹŠ ĂŒ+3(, ĹŠ'.1 ;%(- ĹŠ Ĉ
Ŋ(-3(,(" -Ŋ Ŋ+ Ŋ/. + !(¢ ;%(- Ŋ đ
!4 ".1Ŋ/.1Ŋ$1.-3#1 Ŋ "#Ŋ/ 9Ŋ!.-Ŋ .+., ( ;%(- Ŋ ĉ
1 2ĹŠ"#ĹŠ !'#.ĹŠ8ĹŠ 1#! /#.ĹŠ#-ĹŠ#+ĹŠÄ‰Ä‡ÄˆÄˆ
ĹŠ,  - ĹŠ"#ĹŠ 8#1ĹŠ2#ĹŠ1# +(9¢Ŋ+ ĹŠ(-2/#!Äą !(¢-ĹŠ"#ĹŠ+ 2ĹŠ9.- 2ĹŠ04#ĹŠ2#1;-ĹŠ #-#ÄƒĹŠ!( Äą " 2ĹŠ"41 -3#ĹŠ#23#ĹŠ  .Ä“ LWh_Wi l‡Wi fh_dY_fWb[i Z[ 7c# XWje" [if[Y_Wbc[dj[ Wgk[bbWi gk[ W\hedjWd kd _dj[die jh|Ă’ Ye l[^_YkbWh" i[ [dYk[djhWd Z[j[# h_ehWZWi" feh [ijW hWpÂŒd [d bei fhÂŒn_cei Z‡Wi i[ WdkdY_W [b XW# Y^[e o h[YWf[e [d bWi pedWi c|i W\[YjWZWi$ CWh_WdW 8k[dWl[djkhW" Z_# h[YjehW Z[ EXhWi F‘Xb_YWi Z[b Ckd_Y_f_e Z[ 7cXWje" h[Wb_pÂŒ Wo[h kd h[Yehh_Ze [ _dif[YY_ÂŒd Z[ bWi pedWi gk[ i[h|d Wj[dZ_# ZWi [d [ij[ (&''$ ;djh[ bWi Whj[h_Wi l_Wb[i gk[ i[h|d Wj[dZ_ZWi i[ [dYk[djhWd bWi Wl[d_ZWi0 F_Y^_dY^W 7bjW"
ĹŠĹŠÄ?ĹŠ ĹŠ ĹŠ ĹŠÄ‰Ä‡ÄˆÄˆ
Bei ?dYWi" Bei 7dZ[i" ;b H[o" [djh[ ejhei fkdjei Yedi_Z[hW# Zei d[kh|b]_Yei fWhW [b jh|di_je l[^_YkbWh$ :[ [ijW cWd[hW" bW Y_kZWZW# d‡W gk[ Yeb_dZW Yed [ijei i[Yje# h[i W]hWZ[Y_Œ bW ][ij_Œd ckd_# Y_fWb Z[ cWdj[d[h [nf[Z_jWi bWi Wl[d_ZWi gk[ j_[d[d _ddkc[hW# Xb[i ^k[Yei Z[X_Ze Wb Z[i]Wij[ Z[b j_[cfe$
Ä“ĹŠ +ĹŠ 4-(!(/(.ĹŠ"#ĹŠ , 3.ĹŠ BW Y_kZWZWd‡W jWcX_ƒd Z[# (-3#15#-"1;ĹŠ#-ĹŠ#+ĹŠ, -3#-(,(#-3.ĹŠ"#ĹŠ X[h| Yk_ZWh [ijWi eXhWi gk[ ied 5~ 2Ä“ĹŠĹŠ cko d[Y[iWh_Wi fWhW bW Y_hYkbW# Y_ÂŒd l[^_YkbWh$ ;b Ckd_Y_f_e Z[ Yed bei c_icei fheXb[cWi [i# 7cXWje i[]k_h| _dj[hl_d_[dZe jhkYjkhWb[i$ [d ejhWi l‡Wi gk[ i[ [dYk[djhWd ;%(- ĹŠ ÄŠ
Ä“ĹŠ ÄƒĹŠ+( ".2ĹŠ#2/#1 -ĹŠ04#ĹŠ + ĹŠ 3#-!(¢-ĹŠ,_"(! ĹŠ2# ĹŠ,;2ĹŠ;%(+Ä“
(.#./ Ĺ‹ (Ĺ‹ ' ,! ( # -Ĺ‹ &Ĺ‹ !/,)Ĺ‹ Bei kikWh_ei Z[b >eif_jWb Z[b ?dij_jkje ;YkWjeh_Wde Z[ I[# ]kh_ZWZ IeY_Wb ?;II Z[ 7c# XWje f_Z_[hed gk[ bW Wj[dY_ÂŒd i[W c|i |]_b feh YkWdje Z[X[d fWiWh jeZe kd Z‡W [djh[ jkh# dei" YedikbjWi o [n|c[d[i$ LWh_Wi ied bWi Z[dkdY_Wi Z[ fWY_[dj[i gk[ ^Wd h[Y_X_Ze Wb]‘d j_fe Z[ cWbjhWje Z[ bei ]kWhZ_Wi o Y_[hjWi [d\[hc[# hWi" [if[Y_Wbc[dj[ [d [c[h# ][dY_W$ ?l|d :kh|d" Z_h[Yjeh Z[b ^eif_jWb" i[‹WbÂŒ gk[ i[ [lW# b‘W fh_c[he W bei fWY_[dj[i gk[ d[Y[i_jWd Z[ kh][dY_W i[h Wj[dZ_Zei" f[he ^Wo fWY_[dj[i gk[ ied _cfWY_[dj[i o gk_[h[d i[h Wj[dZ_Zei Z[ _dc[Z_Wje" be gk[ de i[ fk[Z[ ^WY[h" WYejÂŒ$
&) ' Ä…Ĺ‹ /(Ĺ‹$)&!),#)Ĺ‹ Ĺ‹ & !,v :khWdj[ Y_dYe Z‡Wi bei cehW# Zeh[i Z[ 7beXWcXW l_l_[hed bWi Ă’ [ijWi [d ^edeh Wb d_‹e @[i‘i" Yece kdW jhWZ_Y_ÂŒd Z[ c|i Z[ +& W‹ei$ BWi YecfWh# iWi o fheY[i_ed[i ied fWhj[ Z[ [ijW Y[b[XhWY_ÂŒd" ZedZ[ bei ^WX_jWdj[i Z[ bei YWi[h‡ei o XWhh_ei ZWd be c[`eh Z[ ik Whj[$ 7beXWcXW" bW fWhhegk_W c|i ]hWdZ[ Z[ J_iWb[e" [i bW i[Z[ Z[ bei [l[djei \ebYbÂŒh_# Yei o h[b_]_eiei o Yece kdW [n_][dY_W fhef_W Wdj_Y_fWd W bei fWhj_Y_fWdj[i W Xh_dZWh [if[Yj|Ykbei Z[ bW YkbjkhW fefkbWh$ ;%(- ĹŠ ĈĒ
ēŊ Ŋ" -9 Ŋ$4#Ŋ4-.Ŋ"#Ŋ +.2Ŋ#2/#!3;!4+.2Ŋ,;2Ŋ /+ 4"(".2Ŋ "#Ŋ+ Ŋ!#+# 1 !(¢-ē
;%(- ĹŠ ÄŒ
Ä’ #( &) Ä“Ĺ‹ (Ĺ‹ &Ĺ‹ / ),Ĺ‹
( + " Ŋ/(++ 1# ĔŊ(!.-.Ŋ"#Ŋ+ Ŋ!4+341 Ŋ
4#%.ĹŠ"#ĹŠ2#(2ĹŠ"~ 2ĹŠ"#ĹŠ5(5(1ĹŠ4- ĹŠ"#ĹŠ+ 2ĹŠÄƒĹŠ#23 2ĹŠ!4+341 +#2ĹŠ,;2ĹŠ2(%-(ÄƒĹŠ! 3(5 2ĹŠ"#+ĹŠ/ ~2ĔŊ!.,.ĹŠ+ ĹŠÄĽ ( + " ĹŠ/(++ 1# ČĔŊ 8#1ĹŠ,(+#2ĹŠ"#ĹŠ341(23 2ĹŠ+.! +#2ĔŊ- !(.- +#2ĹŠ8ĹŠ#731 -)#1.2ĹŠ$4#1.-ĹŠ3#23(%.2ĹŠ"#+ĹŠ!(#11#ĹŠ"#ĹŠ#23 ĹŠÄƒĹŠ#23 ĹŠ"#!+ 1 " ĹŠ 31(,.-(.ĹŠ 4+341 +ĹŠ"#+ĹŠ !4 ".1Ä“ĹŠ ( - ĹŠ 149ĔŊ1#(- ĹŠ"#ĹŠ ~++ 1.ĔŊ#-% + -¢Ŋ#23 ĹŠ!#+# 1 !(¢-Ä“
BW [n_ij[dY_W Z[ kd XhWpe Wh# cWZe Z[b YWhj[b c[n_YWde Z[ I_dWbeW [d ;YkWZeh o F[h‘" Z[dkdY_WZW [d B_cW feh bW Ă’ iYWb‡W Wdj_Zhe]Wi" [i f[hY_# X_ZW Yece kdW [jWfW ^WY_W bW _cfbWdjWY_ÂŒd Z[ [iW eh]Wd_# pWY_ÂŒd Yh_c_dWb [d [b h[ije Z[ 7cƒh_YW Z[b Ikh$ Kd ef[hWj_le Wdj_Zhe]Wi i_# ckbj|d[e Z[ bWi feb_Y‡Wi [YkW# jeh_WdW o f[hkWdW" Be`W ikh Z[ ;YkWZeh o [d 7oWXWYW dehj[ Z[ F[h‘" fkie XW`e h[Ă“ [Yje# h[i W [i[ XhWpe WhcWZe Z[ Zei YWX[pWi ieif[Y^eie Z[ ^WX[h Wi[i_dWZe W (* feb_Y‡Wi o Y_l_# b[i [d F[h‘$ ;%(- ĹŠ ÄŽ
666Ä“+ '.1 Ä“!.,Ä“#!
Ä‚ 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
ĹŠ ĹŠ ĹŠ +ĹŠ24#+".ĹŠ ;2(!.
.ĹŠ#2ĹŠ/.2( +#ĹŠ04#ĹŠ '.1 ĹŠ04(#-#2ĹŠ3#-#,.2ĹŠ24#+".ĹŠÄƒ).ĹŠ#-ĹŠ#23#ĹŠ/ ~2ĹŠ3#-% ,.2ĹŠ 04#ĹŠ/ % 1ŊĉÄ?ÄŒĹŠ"¢+ 1#2ĹŠ"#ĹŠ ;2(!.ĹŠ ĹŠ+ 2ĹŠ#,/+# " 2ĹŠ04#ĹŠ!.-31 3#,.2ĔŊ "#,;2ĹŠ "#ĹŠ2#%41.ĹŠ8ĹŠ"_!(,.2Ä“ĹŠ ! 2.ĹŠ8 ĹŠ-.2ĹŠ24 (#1.-ĹŠ3 , (_-ĹŠ#+ĹŠ24#+".ĹŠ ĹŠ+.2ĹŠ#,/+# Äą ".2ĹŠ/ĂŒ +(!.2ĹŠ8ĹŠ/1(5 ".2ĔŊ ! 2.ĹŠ'#,.2ĹŠ3#-(".2ĹŠ(-!#-3(5.2ĹŠ#731 2ĹŠ"#ĹŠ-4#231.2ĹŠ #,/+# ".1#2ĹŠ/ 1 ĹŠ04#ĹŠ2#ĹŠ-.2ĹŠ#-".2#ĹŠ +%.ĹŠ04#ĹŠ"# #1~ ĹŠ2#1ĹŠ1#2/.-2 (+(" "ĹŠ"#+ĹŠ . (#1-.ĹŠ"#ĹŠ+ ĹŠ #5.+4!(¢-ĹŠ (4" " - Ä“ 1+ ĹŠ 9,( .ĹŠ 11 4-%41 '4
Ä“ĹŠ .2ĹŠ,.1 ".1#2ĹŠ"#ĹŠ+ ĹŠ9.- ĹŠ +3 ĹŠ"#ĹŠ+ ĹŠ!(4" "ĹŠ2#ĹŠ04#) 1.-ĹŠ/.1ĹŠ#+ĹŠ/ %.ĹŠ"#ĹŠ242ĹŠ(,/4#23.2ĹŠ/1#"( +#2Ä“
ĹŠ
23#"ĹŠ/4#"#ĹŠ#-5( 1ĹŠ242ĹŠ$.3.2ĹŠ"#ĹŠ"#-4-!( 2ĹŠ!.,4-(3 1( 2ĹŠ8ĹŠ+ 2ĹŠ 43.1(" "#2ĹŠ 1#2/#!3(5 2ĹŠ3(#-#-ĹŠ+ ĹŠ./.134-(" "ĹŠ"#ĹŠ1#2/.-"#1Ä“ĹŠ ĹŠ .1 ĹŠ2#ĹŠ1#2#15 ĹŠ#+ĹŠ"#1#!'.ĹŠ "#ĹŠ2#+#!!(.- 1ĹŠ8ĹŠ#"(3 1ĹŠ+ 2ĹŠ"#-4-!( 2Ä“
(-Ŋ+ Ŋ3 / -Ŋ4- Ŋ"#Ŋ+ 2Ŋ#204(- 2Ŋ"#+Ŋ:1# Ŋ"#Ŋ 1 -2$#1#-!( Ŋ"#+Ŋ #1! ".Ŋ ,_1(Ĺ ! Ŋ#7(23#Ŋ4-Ŋ24,("#1.Ŋ04#Ŋ! 1#!#Ŋ "#Ŋ24Ŋ3 / Ŋ1#2/#!3(5 ĔŊ#23.Ŋ! 42 Ŋ /1. +#, 2Ŋ04#Ŋ/4#"#-Ŋ"#5#-% 1Ŋ #-Ŋ !!("#-3#2ē
241 Ŋ #-Ŋ+ Ŋ5~ +Ŋ(-%1#2.Ŋ"#Ŋ+ Ŋ5~ Ŋ Ŋ+ Ŋ/ 11.04( Ŋ 3 '4 +/ ĔŊ!(#13.2Ŋ,.1 ".1#2Ŋ !.+.! -Ŋ+ Ŋ 241 Ŋ#-Ŋ+ 2Ŋ#204(- 2ĔŊ /1./(!( -".Ŋ4- Ŋ, + Ŋ(, %#-Ŋ"#Ŋ #23#Ŋ1(-!¢-Ŋ341~23(!.Ŋ"#+Ŋ! -3¢-Ŋ , 3.ē
)-Ĺ‹#( , ' (.)-Ĺ‹*, # & -Ĺ‹ - Ĺ‹, !#-., (Ĺ‹ (Ĺ‹& Ĺ‹4)( Ĺ‹-/, 8ĹŠ , 3# .2ĹŠ 04#ĹŠ2#ĹŠ-(#% -ĹŠ ĹŠ ! -!#+ 1ĹŠ +3.2ĹŠ14Äą 1.2ĹŠ/.1ĹŠ24/4#2Äą 3 2ĹŠÄĽ,#).1 2ÄŚÄ“ 7bh[Z[Zeh Z[ '+ fWZh[i o cW# Zh[i Z[ \Wc_b_W" WYkZ_[hed Wo[h Wb Ckd_Y_f_e Z[ 7cXWje fWhW ZWh W YedeY[h W bWi Wkje# h_ZWZ[i YWdjedWb[i ik cWb[i# jWh" bk[]e Z[ YedeY[h bei Wbjei hkXhei [YedÂŒc_Yei gk[ W^ehW Z[X[d YWdY[bWh feh iki _c# fk[ijei fh[Z_Wb[i$ 7gk‡ [b YedY[`Wb <[b_f[ 8e# d_bbW Yec[djÂŒ gk[ de [i fe# i_Xb[ gk[ feh i[]kdZe W‹e i[ [ijƒ YeXhWdZe Z[ c|i [d Y_[h# jWi pedWi$ ÆBei cehWZeh[i gk[ ^WX_# jWd [d [b i[Yjeh Z[ bW Wl[d_ZW L‡Yjeh >k]e" [djh[ 8eb_lWh_W#
dW o Bei 7j_i [ij|d _dYed\eh# c[i Yed [b fW]e Z[ bW Yedjh_# XkY_ÂŒd [if[Y_Wb Z[ c[`ehWiÇ" Yec[djÂŒ$ Bei cehWZeh[i gk[ i[ Yed# i_Z[hWd W\[YjWZei" [d [if[Y_Wb =bWZoi 7oWbW" _dZ_YÂŒ iki fbW# d_bbWi Z[ (&'&" ZedZ[ fW]ÂŒ '+ ZÂŒbWh[i feh c[`ehWi o W^ehW Z[X[d YWdY[bWh Wbh[Z[Zeh Z[ ,.& ZÂŒbWh[i$ C_[djhWi gk[ [d ejhei YWiei YWdY[bWXWd *+ ZÂŒbWh[i o ^eo Z[X[d fW]Wh -(/ ZÂŒbWh[i$ Bei W\[YjWZei gk_[h[d ZWh W YedeY[h ik _dYed\ehc_ZWZ Wb i[de Z[b 9edY[`e Ckd_Y_fWb o Wb 7bYWbZ[ Z[ 7cXWje" W Ă’d Z[ gk[ bei Yeijei Z_ic_dkoWd$ 7b h[if[Yje D[o 7X[ZhWXXe" Z_h[Yjeh <_dWdY_[he Z[ bW Ck# d_Y_fWb_ZWZ" i[‹WbÂŒ gk[ [b cW# b[ijWh eYkhh[ [d bei cehWZeh[i Z[ bW pedW ikh Z[ bW Y_kZWZ" oW gk[ Wgk‡ i[ ^Wd eh_]_dWZe Wf[hjkhW Z[ l‡Wi o WZ[YkWY_ÂŒd Z[ bWi c_icWi$
Æ>Wo gk[ jecWh [d Yk[djW bW eh]Wd_pWY_ÂŒd Z[ bWi dk[lWi YedijhkYY_ed[i gk[ i[ ^W ZWZe [d bW pedW Z[ bei >kWY^_i" je# cWdZe [d Yk[djW gk[ Wdj[h_eh# c[dj[ [ijei i_j_ei de j[d‡Wd YedijhkYY_ed[i o [d Y_[hjei YWiei [ijWXWd XWbZ‡eiÇ" Z_`e$ 7]h[]ÂŒ gk[ feh bWi c[`ehWi h[Wb_pWZWi [d [b i_j_e" [b feh# Y[djW`[ Z[b WlWb‘e j_[dZ[ W i[h Wbje o feh [bbe i[ eh_]_dW [b _d# Yh[c[dje [d [b j[cW Z[ bW Yed# jh_XkY_ÂŒd [if[Y_Wb Z[ c[`ehWi$ I[ Z_Y[ gk[ [ije de [i kd YeXhe Z[ic[Z_Ze" f[he gk[ i‡ fk[Z[ YWkiWh kd _cfWYje fWhW Wgk[bbei Yedjh_Xko[dj[i gk[ YWdY[bWXWd Wdj[i jh[i ZÂŒbWh[i o W^ehW Z[X[d fW]Wh c|i$ Æ7b cec[dje" [n_ij[ kd _d# Yh[c[dje Z[ *&& c_b ZÂŒbWh[i [d [b j[cW Z[ Yedjh_XkY_ed[i" be YkWb h[fh[i[djW kd )& $ 7Z[c|i" [ijWcei YeXhWdZe Z[ WYk[hZe W be gk[ Z[cWdZW bW b[oÇ" fkdjkWb_pÂŒ 7X[ZhWXXe$
+/# , (ŋ )'#-#š(ŋ ŋ #-  #š(
4#5.ĹŠ . (#1-.ĹŠ 234"( -3(+ĹŠ
-ĹŠ + 2ĹŠ (-23 + !(.-#2ĹŠ "#ĹŠ + ĹŠ -(" "ĹŠ "4! 3(5 ĹŠ -3#1!4+341 +ĹŠ (+(-%Ă•#ĹŠ ÄĽ '( 4+#.ÄŚĹŠ2#ĹŠ/.2#2(.-¢Ŋ 8#1ĹŠ +ĹŠ-4#5.ĹŠ%. (#1-.ĹŠ#234"( -3(+ĹŠ/ 1 ĹŠ#+ĹŠ /#1~.".ĹŠÄ‰Ä‡ÄˆÄˆÄąÄ‰Ä‡ÄˆÄ‰Ä”ĹŠ04#ĹŠ+.ĹŠ!.-$.1, -Ä–ĹŠ + 5(.ĹŠ (2 +#, Ŋĸ(ĚĔŊ 31(!(.ĹŠ +(9 ĔŊ -8ĹŠ (7(+#, ĔŊ -_2ĹŠ (!'#Ŋĸ/1#2("#-3 ĚĔŊ 1( #+ĹŠ +(9 ĹŠ8ĹŠ .1%#ĹŠ #+#-!' - Ä“ĹŠĹŠĹŠĹŠĹŠ
7dj[ bWi YedijWdj[i gk[`Wi feh bW \WbjW Z[ <_iYWb_pWY_ÂŒd Ckd_Y_fWb" bei YedY[`Wb fh[j[dZ[d Yh[Wh kdW Yec_i_ÂŒd gk[ Ă’iYWb_Y[ W bei c_i# cei Ă’iYWb_pWZeh[i Z[ bW [dj_ZWZ" W Ă’d Z[ gk[ [ijei YkcfbWd Yed ik jhWXW`e W YWXWb_ZWZ o Yed [bbe de i[ Z[d fheXb[cWi [d bWi eXhWi gk[ [`[YkjW bW ckd_Y_fWb_ZWZ$ Æ;ijW Yec_i_ÂŒd Z[X[ i[h Yh[W# ZW eXb_]Wjeh_Wc[dj[" feh c[Z_e Z[ kd Yedi[die ][d[hWb$ >Wo gk[ ^WY[h kd jhWXW`e Z[ YWb_ZWZ o feh [ie bei YedY[`Wb[i j[d[cei bW eXb_]WY_ÂŒd Z[ Ă’iYWb_pWh o b[]_i# bWh" o Yed [ije [l_jWh gk[ ^WoWd \WbbWi [d bWi eXhWiÇ" Yec[djÂŒ [b
YedY[`Wb @WYeXe IWdc_]k[b$ Feh ik fWhj[ @kWd Hk_p" `[\[ Z[ <_iYWb_pWY_ÂŒd Z[ 9edijhkYY_ÂŒd Z[ EXhWi KhXWdWi o ;Z_Ă’YWY_e# d[i" i[‹WbÂŒ gk[ bW Yh[WY_ÂŒd Z[ Z_# Y^W Yec_i_ÂŒd [i cko Xk[dW" oW gk[ [ije WokZWh| W Z[i[cf[‹Wh Z[ c[`eh cWd[hW [b jhWXW`e gk[ h[Wb_pWd bei Ă’iYWb_pWZeh[i ckd_# Y_fWb[i$ Æ;i l[hZWZ gk[ bW Ă’iYWb_pW# Y_ÂŒd ^W XW`WZe ik h_jce" Z[X_Ze Wb feYe f[hiedWb gk[ j[d[cei W^ehW$ F[he [if[h[cei gk[ [d [ij[ W‹e jeZe c[`eh[ Yed bW h[# ]kbWh_pWY_ÂŒd gk[ i[ lW W ZWhÇ" WYbWhÂŒ Hk_p$
ēŊ !. .Ŋ -,(%4#+ĔŊ !.-!#) +Ŋ"#Ŋ , 3.ē
&ŋßúÝÝąŋ/(Ĺ‹ ˜)Ĺ‹* , Ĺ‹ ) , -Ĺ‹0# & +ĹŠ,.,#-3.ĔŊ2#ĹŠ (-2/#!!(.- -ĹŠ+ 2ĹŠ 5~ 2ĹŠ04#ĹŠ1#04(#Äą 1#-ĹŠ4- ĹŠ 3#-!(¢-ĹŠ #,#1%#-3#Ä“ ;d kd h[Yehh_Ze feh bWi Wl[d_# ZWi F_Y^_dY^W 7bjW" Bei 9^Wi# gk_i" Hkc_‹W^k_" =kWojWcXei" ;b H[o" Bei 7dZ[i" [djh[ ejhWi Z[ 7cXWje" i[ l[h_Ă’YÂŒ ik [ijWZe Z[fbehWXb[ o bW d[Y[i_ZWZ Z[ i[h Wj[dZ_ZWi Z[ cWd[hW [c[h][dj[" oW gk[ ied [l_Z[dj[i o ceb[ije# iei bei ]hWdZ[i XWY^[i gk[ j_[# d[d$ IeXh[ [b j[cW" ?lÂŒd CWoeh]W" Z_h[YjehW Z[ bW Kd_ZWZ Z[ 9ed# jhWjWY_ÂŒd F‘Xb_YW Z[b Ckd_Y_f_e Z[ 7cXWje" _dZ_YÂŒ gk[ [d [ij[ W‹e bW WZc_d_ijhWY_ÂŒd jhWXW`W [d bW h[Wb_pWY_ÂŒd Z[ kd dk[le fW# gk[j[ Z[ eXhWi" [if[Y_Wbc[dj[ Wgk[bbWi gk[ j_[d[d gk[ l[h Yed bW l_Wb_ZWZ$ Æ;ijWcei Ykcfb_[dZe Yed bW dk[lW B[o Z[ 9edjhWjWY_ÂŒd F‘Xb_YW" ZedZ[ i[ _dZ_YW gk[ bW fbWd_Ă’YWY_ÂŒd Z[ eXhWi i[ bW ^WY[
feh c[Z_e Z[ YkWjh_c[ijh[i" o fWhW [ij[ fh_c[h YkWjh_c[ijh[ oW [ij|d fh[fWhWZei bei fheo[Yjei" ZedZ[ fh_c[he i[ Z[X[h| ikX_h bW fbWd_Ă’YWY_ÂŒd ][d[hWb Wb FehjWb Z[ 9ecfhWi F‘Xb_YWiÇ" WYbWhÂŒ$ 7b cec[dje" oW [ij| ^WX_b_# jWZe [b i_ij[cW o ^WijW [b '+ Z[ [d[he bWi [dj_ZWZ[i f‘Xb_YWi [i# j|d eXb_]WZWi W ikX_h W Z_Y^e i_i# j[cW jeZe [b jhWXW`e gk[ i[ ZWh| ZkhWdj[ [b fh_c[h d_l[b$ Æ;b |h[W Z[ FbWd_Ă’YWY_ÂŒd Ck# d_Y_fWb [i bW [dYWh]WZW Z[ fh[fW# hWh bei fheo[Yjei fWhW [ijW i[cW# dWÇ" Yec[djÂŒ bW \kdY_edWh_W$ ;djh[ bei fh_c[hei fheo[Y# jei [ij|d bei h[YWf[ei o XWY^[ei fWhW iebkY_edWh bei fheXb[cWi gk[ [n_ij[d [d lWh_Wi Whj[h_Wi l_Wb[i Z[ bW khX[ WcXWj[‹W$ ;d [ijWi fh_c[hWi eXhWi i[ fh_eh_pWh| Wgk[bbWi Wl[d_ZWi o YWbb[i gk[ ied Z[ cWoeh WĂ“k[d# Y_W l[^_YkbWh" o gk[ fh[i[djWd kd Z[j[h_ehe [l_Z[dj[$ ÆLWcei W jhWXW`Wh [d bWi l‡Wi gk[ c|i d[Y[i_jWd" i_[dZe Wi‡ Wgk[bbWi gk[ ied kj_b_pWZWi feh [b jhWdifehj[ f‘Xb_YeÇ" W]h[]ÂŒ CWoeh]W$ ;i Wi‡ gk[ bWi l‡Wi Wdj[i c[d# Y_edWZWi h[Y_X_h|d bW Wj[dY_ÂŒd
Ĺ? ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
#!' 9 -ĹŠ3 7~,#31.
Ĺ—ĹŠĹŠ
Ä“ĹŠ 2ĹŠ5~ 2ĹŠ,;2ĹŠ31 -2(3 " 2ĹŠ"#ĹŠ+ ĹŠ!(4" "ĹŠ2#1;-ĹŠ3., " 2ĹŠ#-ĹŠ!4#-3 ĹŠ/ 1 ĹŠ 24ĹŠ1#!4/#1 !(¢-ĹŠ#-ĹŠÄ‰Ä‡ÄˆÄˆÄ“
Z[ bWi Wkjeh_ZWZ[i ckd_Y_fWb[i" o feh [bbe" lWh_ei cehWZeh[i Z[ [ijWi pedWi _dZ_YWhed gk[ oW [hW ^ehW Z[ gk[ [n_ijW fh[eYkfWY_ÂŒd ckd_Y_fWb$ ÆDeiejhei l[d_cei f_Z_[d# Ze Z[iZ[ ^WY[ Zei W‹ei gk[ dei Wj_[dZWd o Wb Ă’d fWh[Y[ gk[ dei lWd W WokZWh Yed [b h[YWf[e Z[ bW dk[ijhW Wl[d_ZW" bW YkWb [i cko jhWdi_jWZWÇ" i[‹WbÂŒ Eb]k[h C[hW" cehWZeh Z[ bW Wl[d_ZW Bei 7dZ[i$ :[ _]kWb \ehcW FWjh_Y_e J_# iWb[cW" cehWZeh Z[ bW Wl[d_ZW
;b H[o" _dZ_YŒ gk[ [b XWY^[e [d ik pedW [i kh][dj[" oW gk[ bei YedZkYjeh[i Z[X[d fWiWh bW l‡W Yed jeZW bW fh[YWkY_Œd Z[b YWie" Z[X_Ze Wb i_dd‘c[he Z[ ^k[Yei gk[ [n_ij[d Wgk‡$
3#-!(¢-
#! /#.ĹŠ8ĹŠ !'#.
Ĺ— 5#-(" ĹŠ .2ĹŠ -"#2 Ĺ— 5#-(" ĹŠ (!'(-!' ĹŠ +3 Ĺ— 5#-(" ĹŠ +ĹŠ #8 Ĺ— 5#-(" ĹŠ .2ĹŠ '81(2
* )Ĺ‹ Ĺ‹0v -Ĺ‹ (Ĺ‹& Ĺ‹ * ,,)+/# Ĺ‹ . "/ &*
(%4#Ŋ#+Ŋ(11#2/#3.Ŋ"#Ŋ!.-"4!3.1#2 -Ŋ+ 2Ŋ 5#-(" 2Ŋ .2Ŋ '81(2Ŋ8Ŋ 4,( '4(Ŋ!(#13.2Ŋ!.-"4!3.1#2Ŋ-.Ŋ 1#2/#3 -Ŋ#+Ŋ/ 2.Ŋ"#+Ŋ/# 3¢-ĔŊ8 Ŋ04#Ŋ!.+.! -Ŋ242Ŋ5#'~!4+.2Ŋ#-Ŋ+ 2Ŋ !#1 2Ŋ"#Ŋ+ Ŋ9.- ĔŊ(,/("(#-".Ŋ#+Ŋ/ 2.Ŋ"#Ŋ+ 2Ŋ/#12.- 2ē
ĹŠ ĹŠ Â&#x;
ă
;b Ckd_Y_f_e Z[ 7cXWje _dj[h# l_de [d [b h[YWf[e Z[ lWh_Wi l‡Wi Z[ bW fWhhegk_W 7jW^kWbfW" Yed kdW _dl[hi_ÂŒd Z[ *) c_b ZÂŒbWh[i [d jeZei bei jhWXW`ei l_Wb[i$ 7fhen_cWZWc[dj[ +&& c[# jhei b_d[Wb[i Z[ h[YWf[e i[ h[Wb_# pWhed [d bWi YWbb[i ;b J[`Wh" LWb# Z_l_W o ;b Ieb" gk[ W^ehW fh[ijWd c[`eh WYY[ie o i[hl_Y_e W bWi \W# c_b_Wi gk[ l_l[d [d [b i[Yjeh$ >Wo gk[ h[iWbjWh gk[ bW YWbb[ ;b J[`Wh Xh_dZW X[d[Ă’Y_e Z_h[Y# je W bei [ijkZ_Wdj[i Z[b 9eb[]_e JƒYd_Ye 7jW^kWbfW$ O bW YWbb[ ;b Ieb Yed[YjW Yed bW Whj[h_W fh_dY_# fWb Z[ [ijW fWhhegk_W" Yece be [i bW Wl[d_ZW () Z[ ;d[he jWcX_ƒd _dj[hl[d_ZW o h[Ykf[hWZW feh [ijW WZc_d_ijhWY_ÂŒd$ 9ed [ij[ f[hcWd[dj[ cWdj[# d_c_[dje l_Wb gk[ i[ h[Wb_pW [d bWi Z_\[h[dj[i i[Yjeh[i Z[ bW Y_k# ZWZ" i[ e\h[Y[d c[`eh[i WYY[iei
9_[hjei YedZkYjeh[i Z[b jWn_ice h[Y^WpWd bW _Z[W Z[ WZgk_h_h [b jWn‡c[jhe" oW gk[ Z_Y[d gk[ [i kdW _dl[hi_Œd [YedŒc_YW cko \k[hj[$ Feh ejhe bWZe" i[‹WbWd gk[ bei kikWh_ei de lWd W [ijWh Yed\ehc[i Yed [b Yeije gk[ i[ i[‹Wb[ [d [ij[ i_ij[cW$
412.2Ŋ"#Ŋ ! / !(3 !(¢-
Ĺ—ĹŠĹŠ
BWi Wkjeh_ZWZ[i Z[b I[hl_Y_e ;YkWjeh_Wde Z[ 9WfWY_jWY_ÂŒd Fhe\[i_edWb I[YWf j_[d[d fh[l_ije Z_l[hiWi YWfWY_jWY_e# d[i fWhW [ij[ (&''$ ;djh[ bei jWbb[h[i gk[ [ij|d fhe]hWcWZei ied0 9ecfkjW# Y_ÂŒd" FheZkYY_ÂŒd" Jh_XkjWY_ÂŒd <_iYWb" 7Zc_d_ijhWY_ÂŒd" 9ed# jWX_b_ZWZ 8|i_YW" [djh[ ejhei j[cWi Z[ ]hWd _cfehjWdY_W ieY_Wb$
o Z[i\e]k[i Z[b jh|di_je l_Wb o [if[Y_Wbc[dj[ bW Wj[dY_ÂŒd W bei cehWZeh[i [ _dij_jkY_ed[i gk[ ^WY[d kie Z[ [bbWi$
11.04( 2ĹŠ "#+(,(3 " 2
Ĺ—ĹŠ ĹŠ7b cec[dje" i_[j[ Z[ bWi '. fWhhegk_Wi gk[ f[hj[d[Y[d Wb
Ä“ĹŠ +ĹŠ2(3(.ĹŠ!4#-3 ĹŠ!.-ĹŠ4- ĹŠ (, %#-ĹŠ3.3 +,#-3#ĹŠ1#!4/#1 " Ä“
YWdjŒd 7cXWje Yk[djWd Yed iki Z[b_c_jWY_ed[i" [d [ij[ W‹e bei jƒYd_Yei Z[ bW ckd_Y_# fWb_ZWZ h[Wb_pWh|d [b jhWpWZe o c[Z_Y_ed[i fWhW Z_l_Z_h bWi pedWi khXWdWi [d bWi |h[Wi hkhWb[i Yehh[ifedZ_[dj[i$
ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ }
Ä…
Ĺ?ĈĹ? Ĺ? Ĺ? Ĺ?Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
Ĺ‡ĹŠÄ’ÄŒÄ?ÄŠÄ?
# ! #% ,#
+ # ( ' $'
'*- $
!
$*#
' $ $(0 ''1#
* ( !+ '
.!+ '$ * # 2$
)-*#. &Ĺ‹ &Ĺ‹ !/,)Ä…Ĺ‹/( Ĺ‹ "#-.),# Ĺ‹ Ĺ‹(/( Ĺ‹ ,
.2ĹŠ $(+( ".2ĹŠ /("#-ĹŠ04#ĹŠ+ ĹŠ 3#-Äą !(¢-ĹŠ2# ĹŠ,;2ĹŠ;%(+ĹŠ #ĹŠ(,/+#,#-3#-ĹŠ ;1# 2ĹŠ,_"(! 2Ä“ CWb[ijWh [ _dY[hj_ZkcXh[ ^Wo [d bei fWY_[dj[i gk[ W Z_Wh_e WYkZ[d W [c[h][dY_W Z[b >eif_jWb Z[b ?dij_jkje ;YkWjeh_Wde Z[ I[]k# h_ZWZ IeY_Wb ?;II Z[ 7cXWje$ 7gk‡" j_[d[d gk[ [if[hWh ^ehWi fWhW Ye][h kd jkhde gk[ b[i f[h# c_jW i[h Wj[dZ_Zei feh Wb]‘d ]W# b[de Z[ bW _dij_jkY_ÂŒd$ ;ij[ [i [b YWie Z[ HeiW D$" gk[ WYkZ_ÂŒ [b c_ƒhYeb[i Wdj[h_eh ^Wi# jW [b ^eif_jWb [d XkiYW Z[ Wj[d# Y_ÂŒd cƒZ_YW fehgk[ bW deY^[ Wdj[h_eh ik\h_ÂŒ kdW YW‡ZW gk[ b[ eYWi_edÂŒ Zebeh [d ik f_[hdW$ 7]h[]ÂŒ gk[ kdW l[p [d bW iWbW Z[ [c[h][dY_W" jkle gk[ [if[hWh ^ehWi fWhW Yedi[]k_h kd jkhde o be c_ice ikY[Z_ÂŒ Yed bWi Z[c|i |h[Wi Yece bW Z[ jhWkcWjebe]‡W$ Æ>Wo ][dj[ i_d cWoeh Yecfb_# YWY_ÂŒd [d ik iWbkZ gk[ WYkZ[ W [c[h][dY_W" c_[djhWi gk_[d[i h[gk_[h[d Wj[dY_ÂŒd kh][dj[ de ied Wj[dZ_Zei Yece jWbÉ" Z_`e$ -"(%- !(¢-
( $#) !+$
% *!)*' $ '#$ '$+ # !
$#( '+ )$' $
*( * *#
! () * $
''$ '1 (
%
#() )*)$ * , &* !
# "1# ' * $
$! $ #
+
' ! ' !$ " $' ' $') ' () *%3# &* ( %* ! '/ # ' $ $' () ! !*# ( # '$ , %$( ) '!$ # ! /# $' * # ! % ' 3 $ "/( %* ' (* +$) 3# )' +0( ! $'' $ ! )'3# $ # '#% ! '# #% #! $ !
") &$( * #% #!
Coh_Wc I_blW i[‹WbÂŒ Yed _d# Z_]dWY_ÂŒd gk[ jkle gk[ [if[# hWh ^ehWi fWhW gk[ bei cƒZ_Yei Z[ [c[h][dY_W b[ Z_]Wd gk[ de fk[Z[ ^WY[h kie Z[b i[hl_Y_e Z[b ^eif_jWb" fehgk[ iebe bb[lW WĂ’ b_W# ZW i_[j[ c[i[i" YkWdZe Z[X[h‡W [ijWhbe feh be c[dei kd W‹e$ ?dZ_YÂŒ gk[ de [i `kije gk[ fW# ]k[ iki Wfehj[i o de j[d]W WYY[# ie fWhW Wj[dZ[h W iki ^_`e gk[ i[ [dYk[djhW cWb Z[ iWbkZ ]h_f[ $ JWcX_ƒd >kcX[hje PWc# XhWde cWd_\[ijÂŒ gk[ fh[\_[h[ h[]h[iWh W bW Wdj_]kW ceZWb_ZWZ
$ -ĹŠ+ ĹŠ2 + ĹŠ"#ĹŠ#,#1%#-!( ĹŠ"#+ĹŠ .2/(3 +ĹŠ"#+ĹŠ #%41.ĹŠ .!( +ĹŠ"#ĹŠ , 3.ĹŠ +.2ĹŠ/ !(#-3#2ĹŠ3(#-#-ĹŠ04#ĹŠ#2/#1 1ĹŠ'.1 2ĹŠ/ 1 ĹŠ2#1ĹŠ 3#-"(".2Ä“
ZedZ[ bWi f[hiedWi cWZhk]WXWd Wb ^eif_jWb fWhW Ye][h kd jkhde" fehgk[ [b YWbb Y[dj[h [i kdW Xkh# bW gk[ de i_hl[ fWhW dWZW$ Æ:[ _]kWb cWd[hW bW Wj[dY_ÂŒd Z[ Y_[hjei ]kWhZ_Wi Z[ i[]kh_ZWZ o [d\[hc[hWi de [i bW WZ[YkWZW" fehgk[ ied ]hei[hei o de j_[d[d fWY_[dY_W" [d [if[Y_Wb Yed bei WZkbjei cWoeh[iÇ" fkdjkWb_pÂŒ$ 7b h[if[Yje ?l|d :kh|d" Z_# h[Yjeh Z[b >eif_jWb Z[ I[]khe" i[‹WbÂŒ gk[ [d bW iWbW Z[ [c[h# ][dY_W jhWXW`W kd [gk_fe Z[ fhe# \[i_edWb[i gk[ i_[cfh[ YWcX_Wd Z[ jkhde$ 7h]kc[djÂŒ gk[ Wb ce# c[dje ^Wo cƒZ_Yei gk[ W‘d [i# j|d fed_ƒdZei[ Wb Yehh_[dj[ Z[b i_ij[cW" feh be gk[ f_Z_ÂŒ fWY_[d# Y_W$ ÆDe jeZei bei fWY_[dj[i gk[ Wi_ij[d Wb ^eif_jWb ied Z[ [c[h# ][dY_W" i_de gk[ feh YkWbgk_[h Zebeh WYkZ[d ^WijW [ij[ Y[djhe Z[ iWbkZ o i[ Yed][ij_edW [b bk]Wh
o bW Wj[dY_ÂŒd cƒZ_YWÇ" h[YWbYÂŒ$ FWhW iebkY_edWh [d fWhj[ bW [i# f[hW Z[ bei fWY_[dj[i" i[ b[i ^WY[ [b jh_W`[ fWhW fh_eh_pWh bei YWiei Z[ [c[h][dY_W o Wi‡ Wj[dZ[h W bWi f[hiedWi" f[he ^Wo YWiei ZedZ[ ied _cfWY_[dj[i o gk_[h[d gk[ [i[ cec[dje i[ b[i Wj_[dZW$ Æ>Wo eYWi_ed[i ZedZ[ bei kikWh_ei ied W]h[i_lei gk[ _d# Ybkie WYkZ[d W bW Z_h[YY_ÂŒd iebW# c[dj[ fWhW _dikbjWh Wb f[hiedWb c[Z_Ye o h[YbWcWh bW Wj[dY_ÂŒd _dc[Z_WjW" f[he de i[ ZWd Yk[d# jW gk[ jWcX_ƒd fWhj[ Z[b h[if[je kdW Xk[dW Wj[dY_ÂŒdÇ" [d\Wj_pÂŒ$ ;b Z_h[Yjeh YedYbkoÂŒ gk[ i_ kdW f[hiedW i[ i_[dj[ f[h`kZ_# YWZW Z[X[ WYkZ_h ^WijW bW Z_h[Y# Y_ÂŒd Z[b ^eif_jWb fWhW Z[dkdY_Wh YkWbgk_[h j_fe Z[ cWbjhWje" h[_j[# hWdZe gk[ jeZei Z[X[d Yeef[hWh fWhW kd Xk[d Z[i[cf[‹e Z[ bW Wj[dY_ÂŒd cƒZ_YW$
)& *-šŋ'/,)Ĺ‹ Ĺ‹& Ĺ‹Ä’ ( " Ĺ‹ , Ä“ 7 bWi &(0)& Z[ Wo[h" bW fWh[Z Z[ f_[ZhW f_i^_bWjW Z[ bW YWdY^W Z[# fehj_lW Z[ bW ;iYk[bW @kWd 8Wkj_i# jW FWbWY_ei ĂˆBW IWbb[É" kX_YWZW [d bW [igk_dW Z[ bWi YWbb[i 9k[dYW o C[hW" YebWfiÂŒ Z[X_Ze W bei W‹ei Z[ Wdj_]”[ZWZ Z[ ik YedijhkY# Y_ÂŒd$ ;ijW [iYk[bW Yk[djW Yed ''& W‹ei Z[ ^_ijeh_W feh be gk[ \k[ Z[YbWhWZW FWjh_ced_e 9kbjkhWb" WZ[c|i i[ ^Wd ^[Y^e bei jh|c_# j[i fWhW gk[ i[ h[YedijhkoW bW [Z_Ă’ YWY_ÂŒd W jhWlƒi Z[ C_d_ij[h_e Z[ 9eehZ_dWY_ÂŒd Z[ FWjh_ced_e 9kbjkhWb" Wb _]kWb gk[ bW Ăˆ9WdY^W C[hWÉ" gk[ [i kd _Yede Z[ bW Y_k# ZWZ Wb i[h kdW Z[ bei fh_c[hei [i# fWY_ei ZedZ[ i[ h[Wb_pWhed WYjei Z[fehj_lei _cfehjWdj[i$ 9h_ij_Wd =W_Xeh" Z_h[Yjeh Z[ bW _dij_jkY_ÂŒd" cWd_\[ijÂŒ gk[ bW fW#
ēŊ # (".Ŋ Ŋ+ Ŋ -3(%Õ#" "Ŋ"#Ŋ+.2Ŋ, 3#1( +#2Ŋ"#Ŋ!.-2314!!(¢-ĔŊ#+Ŋ ,41.Ŋ2#Ŋ"#2/+.,¢Ŋ! 42 -".Ŋ"  .2Ŋ Ŋ4- Ŋ/ 13#Ŋ"#Ŋ+ Ŋ! -!' ē
h[Z i[ l_de Wb ik[be fheZkYje Z[ bWi bbkl_Wi gk[ i[ ^Wd ZWZe [d bei ‘bj_cei Z‡Wi" ejhe \WYjeh [i bW \hW# ]_b_ZWZ Z[b j[hh[de o bei W‹ei Z[ YedijhkYY_Œd Z[ Z_Y^W fWh[Z .& W‹ei $ 7]h[]Œ gk[ Z[X_Ze W gk[ bW _dij_jkY_Œd [i fh_lWZW i[ ieb_Y_jW W bei [n Wbkcdei Z[ bW [iYk[bW bW
YebWXehWY_ÂŒd [YedÂŒc_YW fWhW b[# lWdjWh kd ckhe Z[ Yedj[dY_ÂŒd o Xh_dZWh bW i[]kh_ZWZ W bW _dij_jk# Y_ÂŒd gk[ Wb cec[dje i[ [dYk[d# jhW Z[ifhej[]_ZW$ Æ>Wo gk[ jecWh [d Yk[djW gk[ bW YWdY^W [i fWjh_ced_e ^_ijÂŒh_Ye fWhW bW fhel_dY_W o Z[X[h‡W i[h h[# Ykf[hWZWÇ" Ă’ dWb_pÂŒ$
,)') #)( (Ĺ‹ ( / (.,)Ĺ‹ Ĺ‹&# ,)Ĺ‹& v )Ĺ‹ -./ # (.#&Ĺ‹
Ĺ? ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
Ć
+ĹŠ/ 13(!(/ -3#ĹŠ"#Äą #1;ĹŠ1#3(1 1ĹŠ4-ĹŠ#)#,Äą /+ 1ĹŠ"#+ĹŠ/#1(¢"(!.ĹŠ ' 23 ĹŠ#+ĹŠĹŠÄˆÄŒĹŠ"#ĹŠ#-#1.ĹŠ %1 34(3 ,#-3#Ä“ ;ijkZ_Wdj[i Z[ bei d_l[b[i X|i_# Ye o XWY^_bb[hWje i[h|d fWhj[ Z[b Iƒfj_ce ;dYk[djhe ;ijkZ_Wdj_b Z[b F[h_ÂŒZ_Ye B[‡Ze ĂˆBW >ehW" Be gk[ D[Y[i_jWi IWX[hÉ" Yece kd Wfehj[ W bW b[YjkhW Yh‡j_YW Z[ bW `kl[djkZ WcXWj[‹W o jkd]k# hW^k[di[$ ;ij[ [dYk[djhe [i eh]Wd_pWZe feh Z_Wh_e BW >ehW o bW :_h[YY_ÂŒd Z[ ;ZkYWY_ÂŒd Z[ Jkd]khW^kW" W jhWlƒi Z[ bW :_l_i_ÂŒd Z[ 9eckd_# YWY_ÂŒd ?dij_jkY_edWb" [d ^ec[dW# `[ W bei '. W‹ei Z[ l_ZW _dij_jkY_e# dWb Z[ [ij[ cWjkj_de WcXWj[‹e$ BW WYj_l_ZWZ YkbjkhWb i[ Z[iW# hhebbWh| [b `k[l[i (- Yed bW fWh# j_Y_fWY_ÂŒd Z[b Y_Ybe X|i_Ye o [b l_[hd[i (. Z[ [d[he Yed bW _dj[h# l[dY_ÂŒd Z[b XWY^_bb[hWje$ ;b [dYk[djhe i[ h[Wb_pWh| Z[i# Z[ bWi &/0&& [d [b WkZ_jeh_e Z[ bW :_h[YY_ÂŒd Z[ ;ZkYWY_ÂŒd o j_[d[ Yece eX`[j_le cej_lWh bW fh|Y# j_YW Z[ bW Yecfh[di_ÂŒd b[YjehW o [b Wd|b_i_i Z[ bei Yedj[d_Zei Z[ f[h_ÂŒZ_Yei" [djh[ d_‹Wi" d_‹ei o
+#!!(.-#2ĹŠ(-"~%#- 2
Ĺ—ĹŠĹŠĹŠ
ēŊ .2Ŋ)¢5#-#2Ŋ/." 1;-Ŋ" 1Ŋ24Ŋ/4-3.Ŋ"#Ŋ5(23 Ŋ !#1! Ŋ"#Ŋ+ 2Ŋ-.3(!( 2Ŋ04#Ŋ2#Ŋ/4 +(! -Ŋ#-Ŋ#23#Ŋ,#"(.Ŋ"#Ŋ!.,4-(Ĺ ! !(¢-Ŋ , 3# .ē
`ÂŒl[d[i [ijkZ_Wdj[i$ Ejhe Z[ bei eX`[j_lei [i gk[ bei [ijkZ_Wdj[i kj_b_Y[d bei f[h_ÂŒZ_# Yei Yece \k[dj[i WYjkWb_pWZWi Z[ _dl[ij_]WY_ÂŒd" eh_[djWY_ÂŒd o Ye# deY_c_[dje Z[ be gk[ ikY[Z[ [d [b ckdZe Yedj[cfeh|d[e" Yh[WdZe [ifWY_ei Z[ h[Ă“[n_ÂŒd gk[ cej_# lWd bW Yh‡j_YW YedijhkYj_lW Z[ bW d_‹[p o bW `kl[djkZ" h[if[Yje W bW
ef_d_Œd gk[ [c_j[d bei c[Z_ei Z[ Yeckd_YWY_Œd [iYh_jei$ 9WZW fbWdj[b [ZkYWj_le Z[ Wc# Xei d_l[b[i Z[X[h|d i[b[YY_edWh W iki h[fh[i[djWdj[i fWhW gk[ WYj‘[d Yece [nfei_jeh[i [d [b Y[hjWc[d$ BWi Wkjeh_ZWZ[i [Zk# YWj_lWi Z[X[h|d Yeckd_YWh Yed Wdj_Y_fWY_Œd W bW :_h[YY_Œd Z[ ;ZkYWY_Œd Z[ Jkd]khW^kW" ie#
Xh[ ik WY[fjWY_Œd [ _diYh_fY_Œd$ Bei [ijkZ_Wdj[i Z[ bW Y_kZWZ o fhel_dY_W [nfedZh|d Z[ cWd[hW ehWb kd h[ikc[d _dj[hfh[jWj_le f[hiedWb" ieXh[ YkWbgk_[hW Z[ bei j[cWi gk[ Yedij[d [d bWi Z_l[h# iWi i[YY_ed[i Z[ Z_Wh_e BW >ehW" gk[ i[h|d fkXb_YWZei ^WijW [b l_[hd[i '* Z[ [d[he Z[ (&''$ ;b [l[dje WYWZƒc_Ye [i [if[hWZe$
,)!, ' (Ĺ‹ )(0 ( #š(Ĺ‹)Ă° # &#-. FWhW [b i|XWZe . Z[ [d[he [b Ce# l_c_[dje Z[ 7b_WdpW F7?I j_[d[ fhe]hWcWZe Z[iWhhebbWh [d Jkd# ]khW^kW bW Fh_c[hW 9edl[dY_ÂŒd Fhel_dY_Wb Z[b Cel_c_[dje$ ;ijW WYj_l_ZWZ i[ Z[iWhhebbWh| [d [b J[Wjhe Z[b 9eb[]_e DWY_edWb 7c# XWje W fWhj_h Z[ bWi '&0&&$ :[djhe Z[b [l[dje i[ jhWjWh|d
j[cWi h[bWY_edWZei Wb \ehjWb[# Y_c_[dje Z[b cel_c_[dje [d bW fhel_dY_W o WYe][h bWi dk[lWi fhefk[ijWi fWhW [ij[ W‹e feh fWhj[ Z[ bei WbYWbZ[i" YedY[`Wb[i o i[Yjeh[i ieY_Wb[i$ 8[jjo 9Whh_bbe" WiWcXb[‡ijW feh Jkd]khW^kW" cWd_\[ijŒ gk[ bW WYj_l_ZWZ [ijWh| Z_h_]_Ze feh
=Wbe CehW" Z_h[Yjeh ;`[Ykj_le Z[ 7b_WdpW F7?I$ 7]h[]ÂŒ gk[ i[ jhWXW`Wh| [d bW fhefk[ijW Z[ bW h[Yeb[YY_ÂŒd Z[ Ă’hcWi fWhW bW b[]Wb_pWY_ÂŒd Z[b cel_c_[dje W [iYWbW dWY_edWb1 WZ[c|i Z[ bW h[[ijhkYjkhWY_ÂŒd Z[b fWhj_Ze W d_l[b YWdjedWb o fhel_dY_Wb$
FWhW [b fhŒn_ce '+ o ', Z[ [d[he" bW 9ed\[Z[hWY_Œd Z[ ?dZ‡][dWi Z[b ;YkWZeh j_[d[ fh[l_ije h[Wb_pWh bWi [b[YY_ed[i Z[ iki dk[lWi Wkjeh_ZWZ[i gk[ [ijWh|d feh [b bWfie Z[ jh[i W‹ei h[fh[i[djWdZe W Jkd]k hW^kW [d [b ]h[c_e _dZ‡][dW W [iYWbW dWY_edWb$ Bei Z_h_][dj[i Z[b Cel_c_[d# je ?dZ‡][dW Z[ Jkd]khW^kW C?J h[Wb_pWh|d [ij[ [l[dje [b[YjehWb [d 7cXWje" f_Z_[dZe Wkjeh_pWY_Œd W bWi [dj_ZWZ[i fkXb_YWi e fh_lWZWi fWhW j[d[h Wb]‘d bk]Wh gk[ i_hlW Yece h[Y_dje [b[YjehWb$
1.8#!3 -ĹŠ5("#.
Ĺ—ĹŠ ĹŠĹŠ9ece fWhj[ Z[ bWi Ă’[ijWi Z[ Wd_l[hiWh_e Z[b 9eb[]_e FWh# j_YkbWh W Z_ijWdY_W 9WZlh_i^" fWhW [b fhÂŒn_ce . Z[ [d[he i[ h[Wb_pWh| kdW fheo[YY_ÂŒd Y_d[cWje]h|Ă’YW W bWi '*0)&" WYj_l_ZWZ gk[ i[ Z[iWhhebbWh| [d [b WkZ_jeh_e Z[b =eX_[hde Fhel_dY_W Z[ Jkd]khW^kW$ Bk[]e" bW i[i_ÂŒd ieb[cd[ [d [b c_ice bk]Wh W bWi ',0)&$
ÄŻÄƒĂžĂžÄ‚Ăż
4#!.ĹŠ#-ĹŠ+ ĹŠ5~ -ĹŠ + ĹŠ (-3#12#!!(¢-ĹŠ "#ĹŠ + ĹŠ 5#-(" ĹŠÄˆÄ‰ĹŠ"#ĹŠ .5(#, 1#ĹŠ8ĹŠ .-3 +5.ĔŊ ĹŠ4-ĹŠ!.23 ".ĹŠ"#ĹŠ+ ĹŠ 5~ ĔŊ2#ĹŠ#-!4#-31 ĹŠ4- ĹŠ +! -Äą 3 1(++ ĹŠ 04#ĹŠ #23 ĹŠ 3 / " ĹŠ !.-ĹŠ ! 13¢-ĹŠ/ 1 ĹŠ#5(3 1ĹŠ !!("#-3#2ĹŠ #-ĹŠ#+ĹŠ+4% 1Ä“ĹŠ 2ĹŠ 43.1(" "#2ĹŠ "# #1~ -ĹŠ 11#%+ 1ĹŠ "(!' ĹŠ +! -3 1(++ ĹŠ/ 1 ĹŠ#5(3 1ĹŠ/#1Äą ! -!#2ĹŠ!.-ĹŠ+.2ĹŠ/# 3.-#2Ä“ĹŠ
9?D;C7HA
§ ć 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
04#++.2ĹŠ
.2ĹŠ."( ".Äą #2/~1(342ĹŠ5#1Äą 1#2ĹŠ"# (#1 -ĹŠ " "#1 ,#-3#ĹŠ 2#1ĹŠ"#!+ 1 Äą 5 +#1.2.2ĹŠ2 #-ĹŠ ".2ĹŠ31 (".1#2ĹŠ ĹŠ+ ĹŠ + ĹŠ, -#1 ĹŠ"#ĹŠ/#1Äą 1#/ĂŒ +(! Ä“ĹŠ +ĹŠ."(.ĹŠ ".- 1Ä“ĹŠ -ĹŠ2#1ĹŠ5(+ĹŠ -.ĹŠ!.-23148#Ģē -.ĹŠ/#1".- ĹŠ-4-! ĹŠ ^ĹŠ } /.104#ĹŠ-.ĹŠ#23;ĹŠ#-ĹŠ 24ĹŠ- 341 +#9 Ģē ĹŠ ĹŠ
Ä 4_ĹŠ/ 2 ĔŊ # .1ĹŠ 1#2("#-3#Ä&#x;
>[ b[‡Ze [d BW >ehW Z[b )& Z[ Z_Y_[cXh[ Z[b (&'&" gk[ ;YkW# Zeh iÂŒbe Yh[Y_ÂŒ kd )", o gk[ bW c[jW eĂ’ Y_Wb [hW Z[ ,". $ I[‹eh Fh[i_Z[dj[" Yed jeZe h[if[je" YkWdZe [d bW [cfh[iW fh_lWZW de i[ eXj_[d[d bei h[ikbjWZei gk[ i[ fheo[YjWhed Wb _d_Y_e Z[b W‹e" bei ][h[dj[i o Z_h[Yjeh[i ied Wced[ijW# Zei o ^WijW h[j_hWZei Z[ iki YWh]ei" oW gk[ de Ykcfb_[hed Yed bW hWpÂŒd Z[ i[h fWhj[ Z[ bW [cfh[iW1 f[he [d [b ;ijWZe ^Wo gk[ W]kWdjWhbei$ Âľ>WijW gk[ fkdje feZ[cei jeb[hWh5 9kWdZe bei \kdY_edWh_ei Z[ jkhde h[YedepYWd iki [hheh[i o bei Yehh_`Wd" i[h|d WfbWkZ_# Zei$ >eo j_[d[d dk[ijhe leje Z[ Y[dikhW$ -1(04#ĹŠ . .ĹŠ 423 , -3# Ä–ĹŠÄˆÄ?ĈćÄ?ĈÄ?Ä’ÄˆÄąÄ?
ĹŠ#1 ĹŠ"#ĹŠ (+, ĹŠ .422#Ä‚ĹŠ
Kd fW‡i W]hWZ[Y_Ze Yed ik [n#fh[i_Z[dj[" kd [n#fh[i_# Z[dj[ Yecfhec[j_Ze W i[]k_h WfeoWdZe [b Z[iWhhebbe Z[ ik fW‡i" kdW dk[lW fh[i_Z[djW Yed [b Yecfhec_ie \kjkhe Z[ Yedj_dkWh bWi feb‡j_YWi ieY_Wb[i Z[ ik Wdj[Y[ieh" o kd fW‡i gk[ [if[hW ckY^e Z[ iki dk[lWi Wkjeh_ZWZ[i fWhW [d# \h[djWh bei ]hWdZ[i h[jei gk[ jeZWl‡W j_[d[d feh Z[bWdj[$ ;b Yecfhec_ie Z[ :_bcW Heki# i[Ăľ [i ZWhb[ kd ]_he \hedjWb W [ijW h[Wb_ZWZ gk[ dkXbW bei be]hei [YedÂŒc_Yei Z[ BkbW" fk[i [i _cfei_Xb[ f[diWh [d kd 8hWi_b Z[b fh_c[h ckdZe" Yed kdW jWiW Z[ WdWb\WX[j_ice Z[iYeckdWb o kdW Xh[Y^W ieY_Wb Z[ifhefehY_edWZW$ Kd Wif[Yje gk[ Z[Ă’ d[ W bW dk[lW cWdZWjWh_W [i ik feb‡j_YW _dj[hdWY_edWb" cWhYWZW feh kd WY[hYWc_[dje \hedjWb W L[d[pk[bW [ ?h|d" fWYje gk[ i[ Z[`ÂŒ i[dj_h [d bW c_icW jecW Z[ fei[i_ÂŒd Z[b Hekii[Ăľ $ ;b ‘d_Ye fW‡i bWj_deWc[h_YWde gk[ de \k[ _dl_jWZe W bW jecW Z[ fei[i_ÂŒd \k[ >edZkhWi o ik fh[i_Z[dj[ FehĂ’ h_e BeXe$ ;ije ^WXbW Z[ bW YWb_ZWZ Z[# ceYh|j_YW Z[ kd fW‡i$ 1Ä“ĹŠ _!3.1ĹŠ %.-#3ĹŠ _2/#"#2 8%.-#3Äž%, (+Ä“!., ĹŠ ĹŠ ĹŠ Ä– ! 13 2 +"(1#!3.1Äž+ '.1 Ä“!.,Ä“#! 2(++ ĹŠÄˆÄ?ĈÄ?Ä‰ÄŒÄŠĹŠ ĹŠ.ĹŠ!4 +04(#1 ĹŠ "#ĹŠ-4#231 2ĹŠ %#-!( 2Ä“ #04(2(3.2Ä–ĹŠ ., 1#2ĹŠ8ĹŠ /#++(".2ĹŠ!.,/+#3.2Ä—ĹŠ-ĂŒ,#Äą 1.ĹŠ"#ĹŠ _"4+ Ä—ĹŠ3#+_$.-.ĹŠÄ¸ÄƒĹŠ).ĚėŊ"(1#!!(¢-ĹŠ".,(!(+( 1( ĹŠ .ĹŠ"#ĹŠ31 ).ĹŠ8ĹŠ!.11#.ĹŠ#+#!31¢-(!.Ä“
Ĺ‹ Ä…Ĺ‹ Ĺ‹ 5
I[]‘d i[ dei Z_`e [d kd [dbWY[ iWXWj_de [d [b f[h‡eZe (&&)#(&&," bW h[YWkZWY_ÂŒd Z[ _cfk[ijei \k[ Z[ '*", c_b c_bbed[i Z[ ZÂŒbWh[i o Z[ (&&- W (&'& Z[ (* c_b c_bbed[i" [i Z[Y_h" gk[ i[ h[]_ijhÂŒ kd ,*"' Z[ Yh[Y_c_[dje$ ;ij[ W‹e [ij| fh[l_ije gk[ bei Yedjh_Xko[dj[i Wfeh# j[d Yed Wbh[Z[Zeh Z[ / c_b c_bbed[i" i[]‘d [b Fh[ikfk[ije$ ;b Fh[i_Z[dj[ W\_hcÂŒ gk[ ÆZ[ Wgk‡ iWb[d bei h[Ykhiei fWhW YWhh[j[hWi" ^eif_jWb[i" [iYk[bWiÇ$ JWcX_ƒd i[ W\_hcÂŒ gk[ ]hWY_Wi Wb IH? gk[" [djh[ ejhWi YeiWi" eXb_]ÂŒ W fW]Wh _cfk[ijei W gk_[d[i bei [lWZ‡Wd o W [nj[dZ[h [b d‘c[he Z[ Yedjh_Xko[dj[i" jeZe [ije ^WX‡W i_Ze fei_Xb[$ BW h[YWkZWY_ÂŒd Z[ _cfk[ijei WiY[dZ[h| /"*(, c_bbed[i Z[ ZÂŒbWh[i" kd '*$, c|i gk[ [d (&'&$ ;b Fh[ikfk[ije Z[b ;ijWZe fWhW (&'' XehZ[W bei (* c_b c_bbed[i Z[ ZÂŒbWh[i" Z[ cWd[hW gk[ i[
ĹŠ ĹŠ } ĹŠ ĹŠ Ä“
Ĺ‹ )&)(#4 #š(Ĺ‹ &Ĺ‹* (- '# (.) ;b fheY[ie ^_ijÂŒh_Ye Z[ bWi bkY^Wi Wdj_#Yebed_Wb[i o feh bW _dZ[f[dZ[dY_W Z[ bei fW‡i[i Z[b ckdZe [d bei i_]bei NL??? o N?N" i[ Yedj_d‘Wd Yed bei fheY[iei Z[ b_X[hWY_ÂŒd Z[ bei fk[Xbei [d [b i_]be NN" YkWdZe i[ Yedijhko[d bWi dk[lWi Æh[Wb_ZWZ[iÇ o h[jei fWhW [b i_]be NN?$ ;b i_]be NN?" eXb_]W W Z[iYebe# d_pWh bWi [ijhkYjkhWi c[djWb[i Z[ Zec_dWY_ÂŒd Z[ kd ÆehZ[d Z[ YeiWiÇ dWjkhWbc[dj[ _dZ[\[dZ_Xb[" [YebÂŒ#
h[gk[h_h|d *"/+' c_bbed[i [d \_dWdY_Wc_[dje$ I[]‘d WdkdY_ÂŒ [b ?D;9 bW YWdWijW X|i_YW i[ kX_YÂŒ [d +**"-' ZÂŒbWh[i [d Z_Y_[cXh[ Z[b (&'&" [d jWdje gk[ bW l_jWb WbYWdpÂŒ bei )/&"' ZÂŒbWh[i o [b _d]h[ie \Wc_b_Wh c[dikWb \k[ Z[ **. ZÂŒbWh[i$ FWhW [ij[ W‹e i[ fheo[YjW kdW _d\bWY_ÂŒd Z[ )",/ [b (&'' o kd Yh[Y_c_[dje Z[b F?8 Z[ +$&, $ I_d [cXWh]e" Z[iZ[ 9WhedZ[b[j WdkdY_Whed kd _cfk[ije W bW _cfehjWY_ÂŒd Z[ WkjecÂŒl_b[i" _di_d‘Wd lebl[h W YeXhWh [b ?L7 W bei c[Z_YW# c[djei o [b YeXhe Z[ kd + W bW j[b[\ed‡W Y[bkbWh" fk[i fWh[Y[ gk[ bW fbWjW de WbYWdpW$ Âľ>WXh|d YWbYkbWZe X_[d5 Âľ9k|b i[h| [b fh[Y_e Z[ bW YWdWijW X|i_YW [ij[ W‹e5 ;b Z[ W^ehW" Âľi[h| kd fWgk[jWpe e iÂŒbe kd ĂˆfWgk[j_jeÉ Yed cej_le Z[b W‹e dk[le5 7b]e \WbbÂŒ [d bei Y|bYkbei Z[ dk[ijhei [Yedec_ijWi" gk[ de ied YedjWZeh[i" Âľ[ij| YbWhe5
]_YWc[dj[ _dl_WXb[ o j[hh_Xb[c[dj[ _d`kije Wdj[ bW Z_]d_ZWZ ^kcWdW$ BW YbWi[ Zec_dWdj[ Yebed_pW Yed ik _Z[ebe]‡W" iki fWhWZ_]cWi" ik Yeicel_i_Œd" ik \_beie\‡W" ik l_i_Œd Z[ bW ^_ijeh_W o iki YŒZ_]ei ƒj_Yei Wb h[ije Z[ bW ieY_[ZWZ" _dij_jko[dZe [ijW Yebed_pWY_Œd YkbjkhWb [b l[hZW# Z[he c[YWd_ice Z[ Zec_dWY_Œd o Z[ h[fheZkYY_Œd Z[b i_ij[cW Zec_# dWdj[" Z[ W^‡ i[ YedY_X[ [b fehgkƒ i[ ^WoW ZWZe ƒd\Wi_i W bei Z[h[Y^ei _dZ_l_ZkWb[i o W bei Z[h[Y^ei Ykbjk# hWb[i i[ bei ^WoW ieibWoWZe$ KdW Z[iYedijhkYY_Œd Z[ bW h[fheZkYY_Œd Z[b f[diWc_[dje eYY_Z[djWb" gk[ Z[c|i [ij| [d i[‹W# bWh" [i fWZh[ b[]‡j_ce Z[b ceZ[be Z[ Zec_dWY_Œd YWf_jWb_ijW" _cfed[ W bW ieY_[ZWZ kdW ƒj_YW feb_\kdY_edWb [d WhWi Z[ [dcWiYWhWh o `kij_\_YWh bW Zec_dWY_Œd ^[][cŒd_YW Z[b _cf[h_Wb_ice Yed ik YWh]W Z[ b_X[# hWb_ZWZ _dZ_l_ZkWb_ijW" [nYbko[dj[" eYY_Z[djWb_ijW" Yedi[hlWZehW" _dj[#
b[YjkWb_ijW" [b_j_ijW" Wb_[dWdj[" f[he `kij_\_YWZW [d WfWh[dj[i Xk[dWi _dj[dY_ed[i$ F[he W ÆbWi Xk[dWi _dj[dY_e# d[iÇ b[i _dj[h[iW gk[ [b fWdehWcW i_]W i_[dZe [b c_ice" fWhW gk[ bW [nfbejWY_ÂŒd bWXehWb" bW ikc_i_ÂŒd feb‡j_YW" bei i_ij[cWi Z[ bW iWbkZ feXh[i" bW fh[YWh_[ZWZ Z[ bW l_l_[d# ZW" bW fh[YWh_[ZWZ Z[ bW [ZkYWY_ÂŒd" bW Z[ijhkYY_ÂŒd o %e Z[]hWZWY_ÂŒd c[Z_e#WcX_[djWb" bW Z[ijhkYY_ÂŒd Z[ bW \WkdW o bW \behW o Z[ bW dWjk# hWb[pW [d ][d[hWb" bW [nfbejWY_ÂŒd Z[ bW ck`[h" bW [nfbejWY_ÂŒd Z[ d_‹ei" d_‹Wi o WZeb[iY[dj[i" bW fheij_jk# Y_ÂŒd _d\Wdj_b" cWiYkb_dW o \[c[d_# dW" bW _cfei_X_b_ZWZ Z[ WYY[Z[h W bW `kij_Y_W1 dei Yedj_d‘[ Z[ilWbeh_# pWdZe Yece i[h[i ^kcWdei o dei Yed\_hc[ Yece kdW YWj[]eh‡W _d\[# h_eh gk[ d[Y[i_jWcei Z[b i_ij[cW eYY_Z[djWb fWhW ieXh[l_l_h$ 1.!(.2(+5 ,ĉććĉĞ8 '..Ä“!.,Ä“ 1
ÂĄ ĹŠ ĹŠ
3 -Ĺ‹ !)-Ćŋ Ä? #.)Ĺ‹)Ĺ‹'v-.# ÄŽ I_]bei Z[ jhWZ_Y_ÂŒd Yh_ij_WdW Wi[]khWd gk[ kdei h[o[i cW]ei \k[hed bei fh_c[hei iWX_ei gk[ l_i_jWhed W @[i‘i$ 9ed ehe" _dY_[die o c_hhW" Yk[djW [b h[bWje" jh[i h[o[i cW]ei i_]k_[hed [b hWijhe Z[ kdW [ijh[bbW Wpkb" ^WijW WbYWdpWh Wgk[b f[i[Xh[ [d ZedZ[ oWY‡W [b h[o Z[ h[o[i" ÂśkdW ]hWd ^_ijeh_W Z_][h_ZW feh bW ieY_[ZWZ o [b Yh[o[dj[ I_d [cXWh]e" [ij[ j_fe Z[ Yed`kdY_e# d[i b_j[hWh_Wi ied _cfh[Y_iWi [d bW h[Wb_ZWZ$ E" ÂľYÂŒce [i gk[ kd h[o" Z[ YWhWYj[h‡ij_YW Z_l_dW" fk[Z[ i[h kd cW]e" gk_[d ^WY[ ^[Y^_Y[h‡W5 Âľ9ÂŒce [i gk[ kdW [ijh[bbW i[ ck[l[5 Âľ9ÂŒce i[ jhWdifehjWhed bei h[o[i cW]ei5 ;d kd Whj‡Ykbe Z[ bW 889" =_elWdd_ 8WppWdW" ^_ijeh_WZeh Z[ bW Kd_l[hi_ZWZ Z[ >WhlWhZ" [nfb_YW gk[" i_ X_[d [i Y_[hje" [d [b h[bWje Wjh_Xk_Ze W CWj[e i[ h[]_ijhW bW fWbW# XhW cW]e_" gk[ i[ Z[iYh_X[ W gk_[d fhWYj_YW bW ^[Y^_Y[h‡W o de W kd h[o$ Iebe [d bW [ZWZ c[Z_W o ceZ[hdW i[ ^WXbÂŒ Z[ bei h[o[i cW]ei$ ÂľFeh gkƒ5 I[]‘d [ijkZ_ei" [ije \k[ fhe# f_Y_WZe Yed cej_le Z[ \ehjWb[Y[h [b feZ[h Z[ bei cedWhYWi" fk[i iebe jh[i h[o[i cW]ei fh_l_b[]_WZei i[ fkZ_[hed fh[i[djWh Wdj[ @[i‘i$ ÂśIkif_YWp " Âľde5 7kdgk[ i[ ^WXbW Z[ kdW [ijh[bbW ĂˆcÂŒl_bÉ gk[ Z_h_]_ÂŒ W [ijei jh[i _djhƒf_Zei ^WY_W @[i‘i" ^eo feZ[cei Z[Y_h gk[ [ije [i YWi_ _cfei_Xb[$ I[]‘d bW fhe\[iehW 7bb[d 7hc_‹e" [ijW Yedi_Z[hWY_ÂŒd fkZe ^WX[hi[ fefkbWh_pWZe feh Wb]‘d \[dÂŒc[de WijhebÂŒ]_Ye Yece [b Z[b i_]be L?? W$9 [djh[ @‘f_j[h" CWhj[ o IWjkhde$ I_d [cXWh]e" [ije de h[]_i# jhÂŒ kd cel_c_[dje" i_de Wb]e fWh[# Y_Ze W kdW _bki_ÂŒd ÂŒfj_YW [djh[ bei h[ifbWdZeh[i Z[ bei jh[i fbWd[jWi$ FWh[Y[ gk[ [ij[ h[bWje i[ Yed\_hcÂŒ Yece kdW b[o[dZW$ 7^ehW" ÂľYÂŒce bb[]Whed bei cW]ei5 Kd Wd|b_i_i Z[b j[cW _dZ_YW gk[ be c|i fheXWXb[ [i gk[ [ijei jh[i ^WoWd l[d_Ze Z[b eh_[dj[0 f[hiWi o |hWX[i$ F[he" Âľ[bbei de j_[d[d ejhW h[b_# ]_ÂŒd5 Bk[]e fh[]kdje" ÂľYÂŒce bb[]Whed [d c[dei Z[ '' Z‡Wi W 8[bƒd5 7‘d Yed bW j[Ydebe]‡W gk[ j[d[cei" cel_b_pWhdei [i jWhZ‡e$ Âś?cW]‡d[di[ [d YWc[bbei gk[ YWc_# dWd o de Yehh[d Yece kd YWXWbbe Kij[Z" Âľgkƒ Yh[[5
1#2("#-3#ĹŠ !(.- + ĹŠ ĹŠ } (1#!3.1 ĹŠ ĹŠ
"(3.1 ĹŠ #-#1 +
ĹŠ ÂĄ ĹŠ "(3.1ĹŠ #%(.- + ĹŠ "(#/.! ĹŠ Ä“ Ä“ (1#!!(¢-Ä–ĹŠ 4(3.ĹŠÄ‡Ä‰ÄąÄŒÄŽĹŠ#-31#ĹŠ .! $4#13#ĹŠ8ĹŠ .+~5 1 #+_$.-.2Ä–ĹŠĹŠÄ‰ÄŒÄ‰ÄąÄˆÄ?ÄŠÄ‡ĹŠÄľĹŠÄ‰ÄŒÄ‰ÄąÄˆÄ?ÄŠÄˆĹŠÄľ Ä‰ÄŒÄ‰ÄąÄ‰ÄŒÄ‡Ä’ĹŠÄľĹŠÄ‰ÄŒÄ‰ÄąÄ‡ÄŽÄ‰Ä’ĹŠÄľĹŠÄ‰ÄŒÄ‰Ä‡ÄˆÄ’Ä? 7Ä–ĹŠĹŠÄ‰ÄŒÄ‰ÄąÄ‡ÄˆÄ’Ä? 4 +(!(" "Ä–ĹŠÄ‰ÄŒÄ‰Ä‡ÄˆÄ‘ÄŒ 42!1(/!(.-#2Ä–ĹŠÄ‰ÄŒÄ‰ÄąÄˆÄ?ÄŠÄ‡ĹŠÄľĹŠÄ‰ÄŒÄ‰ÄąÄˆÄ?ÄŠÄˆĹŠ , (+Ä–ĹŠ , 3.Äž+ '.1 Ä“!.,Ä“#!  .Ä–ĹŠ ĹŠ .Ä“ĹŠÄ?ĉÄ?ÄŠ
666ē+ '.1 ē!.,ē#! 2Ŋ3 Ŋ2#!Ŋ!(¢-Ŋ1#Ŋ/1#Ŋ2#-Ŋ3 Ŋ#+Ŋ/#-Ĺ2 Ŋ,(#-Ŋ3.Ŋ"#Ŋ+.2Ŋ#"(Ŋ3.Ŋ1#2ēŊ .2Ŋ#2!1(Ŋ3.2Ŋ "#Ŋ+.2Ŋ!.Ŋ+ Ŋ .Ŋ1 Ŋ".Ŋ1#2Ŋ2.Ŋ+.Ŋ!.,Ŋ/1.Ŋ,#Ŋ3#-Ŋ Ŋ242Ŋ 4Ŋ3.Ŋ1#2Ŋ8Ŋ-.ŊŊ1#ŊĄŊ#Ŋ) -Ŋ -#Ŋ!#Ŋ2 Ŋ1( Ŋ,#-Ŋ3#Ŋ#+Ŋ/#-Ŋ2 Ĺ,(#-Ŋ3.Ŋ"#+Ŋ/#Ŋ1(¢Ŋ"(Ŋ!.ē
ŏĈŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
Ĉ
įüûÿÿÿ
ĉ
Ĺ? ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
;2ĹŠ"#ĹŠ,(+ĹŠ/#1Äą 2.- 2ĹŠ"(2$143 1.-ĹŠ "#+ĹŠ#2/#!3;!4+.ĹŠ -.!341-.ĹŠ04#ĹŠ$4#ĹŠ %1 34(3.ĹŠ/ 1 ĹŠ+ ĹŠ !.,4-(" "Ä“
)& &),Ĺ‹3Ĺ‹'Ă„-# Ĺ‹ (Ĺ‹ &) ' 9ed kd ]hWd [if[Yj|Ykbe i[ fh[d# Z_[hed bWi Ă’[ijWi [d bW fWhhegk_W 7beXWcXW" ZedZ[ Y_dYe Z[b[]W# Y_ed[i _dj[hdWY_edWb[i Z[ \eb# Ybeh" gk[ fWhj_Y_fWd [d [b Gk_dje <[ij_lWb Ăˆ>_bWdZe 9eijkcXh[i o JhWZ_Y_ed[i Wb CkdZeÉ" Xh_dZW# hed kdW ck[ijhW Z[ be c[`eh Z[ ik YkbjkhW" bW deY^[ Z[b c_ƒhYe# b[i [d bWi YWdY^Wi Z[b bk]Wh$ ;ij[ i^em WdY[ijhWb YedY[d# jhÂŒ W c|i Z[ c_b f[hiedWi gk[ Yed WfbWkiei h[Y_X_[hed W bei [c#
XW`WZeh[i YkbjkhWb[i Z[0 Cƒn_Ye CWaWmo HeiWaWc[ 1 9ebecX_W EZ[ed :WdpW 1 F[h‘ ;nfh[i_e# d[i F[h‘ 1 o ;YkWZeh ?dj[]hW# Y_Œd 7dZ_dW " gk_[d[i e\h[Y_[hed kd l[hZWZ[he [if[Yj|Ykbe Yed cWd_\[ijWY_ed[i YkbjkhWb[i$ ;b [l[dje WhhWdYŒ W bWi '/0)&" Yed [b _d]h[ie Z[ bei ]hkfei fWh# j_Y_fWdj[i W bW YWdY^W fh_dY_fWb Z[ 7beXWcXW" bk[]e i[ [djedWhed Yed h[l[h[dY_W bei ^_cdei dWY_e# dWb[i Z[ YWZW fW‡i fWhj_Y_fWdj[$
Ŋ/1#2#-3 !(¢-
" # $ $" $ "
! #$% # % " " # $ ' % $ "* ' "" " . #
# $ $ $ " )$ # #$ # " $ & # - "" $",
$ " $
% " , $ $ & . # # #$ " $" $ , $ % $ $" " $ "# # "# # $ " # # & " & ' $ $% ( $" $" $" $" " # $ " " $ # # " $ "* +* "' % ( # ' %$ % !% # $ ") # %$ # %$ " # "&
;b i^em be WXh_Œ kdW Z[b[]WY_Œd Z[ `Œl[d[i Whj_ijWi Z[ =kWoWgk_b Yed kdW Yeh[e]hW\‡W Z[ bW h[]_Œd YeijW Z[b ;YkWZeh" gk[ e\h[Y_Œ fWiWYWbb[i Z[ [dYWdje$ 9ece i[]kdZW iWb_ZW i[ fh[# i[djŒ 9ebecX_W Yed kdW Yeh[e# ]hW\‡W `eYeiW o f_YWh[iYW Z[ bei YWcf[i_dei Yeij[‹ei Z[ [i[ fW‡i" [b YkWb ]kijŒ o YWb[djŒ c|i Wb f‘# Xb_Ye$
Ä“ĹŠ _7(!.ĹŠ$4#ĹŠ4-.ĹŠ"#ĹŠ+.2ĹŠ,;2ĹŠ /+ 4"(".2ĹŠ!.-ĹŠ24ĹŠ (+#ĹŠ-.13#Â .ĹŠ8ĹŠ#+ĹŠ $ ,.2.ĹŠ 1 #ĹŠ / 3~.Ä“
.ĹŠ-.5#".2.ĹŠ
BW Z[b[]WY_Œd Z[ Cƒn_Ye fh[dZ_Œ Wb f‘Xb_Ye Yed kd h_jce dehj[‹e" Wgk[b gk[ Z[ck[ijhW ]WbWdj[e Yed bW fWh[`W" Yed ckY^W Z[i# jh[pW [d bei Z[ifbWpWc_[djei [d fWh[`W o bei pWfWj[WZei" Wb]e h[Wbc[dj[ YWkj_lWdj[$ F[h‘ [\[YjkŒ kdW ck[ijhW Z[ h_jcei Z[ bW i_[hhW" Yece ied [b >kWode o [b >kWobWi gk[ Yed kd cel_c_[dje Z[ YWX[pW o kd pW# fWj[WZe _dj[djWd [dWcehWh W iki
Ä“ĹŠ .+., ( ĹŠ! +#-3¢Ŋ +ĹŠ/ĂŒ +(!.ĹŠ#-ĹŠ+ ĹŠ-.!'#ĹŠ$1~ ĹŠ"#ĹŠ/1#2#-3 !(¢-Ä“
ck`[h[i$ Iki jhW`[i \k[hed bei c|i Yebeh_Zei Z[ bW deY^[$ O fWhW Y[hhWh Yed XheY^[ Z[ ehe" [b ]hkfe ?dj[]hWY_Œd 7d# Z_dW" eh]Wd_pWZeh Z[b [l[dje" XW_bŒ kd h_jce dWY_edWb" [d ied Z[ Y^WYWh[hW Z[b YWdjWdj[ [YkW# jeh_Wde @kWd 9Whbei J[h|d BW
9^WkY^_jW $ Bk[]e" bei lWhed[i Z[b ]hkfe _dj[hfh[jWhed Wb ‘bj_# ce ^_[b[he Z[b 9^_cXehWpe" bW YWpW Z[b l[dWZe" [djh[ ejhWi c[# beZ‡Wi" Z[ceijhWdZe bW Wb[]h‡W Z[ bei [YkWjeh_Wdei Yed [b jhWZ_Y_e# dWb iWd`kWd_je" Wgk[b gk[ ]kijW [d jeZe [b ckdZe$
&2192&$725,$ 35,0(5$ $6$0%/($ 3529,1&,$/ 781*85$+8$
(O SURFHVR GH FRQVWUXFFLyQ GHO 6RFLDOLVPR GHO %XHQ 9LYLU HQ GRQGH OD GHPRFUDFLD LJXDOGDG VREHUDQtD VROLGDULGDG \ MXVWL FLD VRFLDO QRV SHUPLWDQ YLYLU HQ XQD VRFLHGDG LQFOX\HQWH \ HTXLWDWLYD UHTXLHUH GH OD SDUWLFLSDFLyQ GH WRGRV \ WRGDV \ IXQGD PHQWDOPHQWH GH XQD HVWUXFWXUD SROtWLFD VyOLGD \ FRPSURPHWLGD HV SRU HVH PRWLYR TXH VH &2192&$ D PLOLWDQWHV VLPSDWL ]DQWHV < FRPSDxHURV PLHPEURV GHO 0RYLPLHQWR $OLDQ]D 3$,6 GH OD 3URYLQFLD GH 7XQJXUDKXD D OD 35,0(5$ $6$0%/($ 3529,1&,$/
'tD 6iEDGR GH HQHUR /XJDU 7HDWUR GHO &ROHJLR $PEDWR 8QLGDG 1DFLRQDO \ +XPEHUWR $OERUQR] +RUD K *DOR 0RUD :LWW 6HFUHWDULR (MHFXWLYR GH $OLDQ]D 3$,6
HQ HVWH PRPHQWR FRPSURPHWHPRV QXHVWUD DFFLyQ D VHU YLJLODQWHV SHUR IXQGDPHQWDOPHQWH D VHU VROLGDULRV D DSUHQGHU D QR WHQHU YHUJÂ HQ]D GH VHU OHDOHV D HQRUJXOOHFHUQRV GH OD OHDOWDG HVWDPRV XQD YH] PiV FXPSOLHQGR OR TXH OD KLVWRULD \ HO GHVWLQR QRV GHPDQGH *DOR 0RUD &RPLVLyQ 3URYLVLRQDO 0RYLPLHQWR $OLDQ]D 3$,6 7XQJXUDKXD
ũ -(#1.-ũ242ũ5(" 2ũ #-ũ-., 1#ũ"#+ũ ,.1
(1#ũ242ũ$.3.2ũ#-Ė 666ē+ '.1 ē!.,ē#!
ŏ Ĉŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
Ċ
)(ŋ& -ŋ-)(,#- -ŋ (ŋ-/-ŋ,)-.,)-ŋ 3& ,ŋ ,#. "ðŋ & ŋ3ŋ , ( ŋ ),, -ŋ # # ,)(ŋ/(#,ŋ-/ŋ0# ŋ (ŋ' .,#')(#)Ąŋ /-ŋ '#&# Ě , -ŋ3ŋ '#!)-ŋ&)-ŋ )'* ,)(ŋ (ŋ -. ŋ')' (.)ŋ ŋ &# #Ě Ąŋ ŋ, * # (ŋ- ŋ) , # ŋ (ŋĒ ŋ / , ēŋ/ # ŋ (ŋ &ŋ - .),ŋ ŋ ŋ (v(-/& Ąŋ
33#ũ 1(3!'ăũ#+"ũ8ũ 3 2' ũ 1(3!'ăũ#+"ũ$ ,(+( 1#2ũ"#+ũ-.5(.ũ04#ũ+.2ũ !.,/ ı 1.-ũ#-ũ#23 ũ!#+# 1 !(¢-ē
8+#1ũ 1(3!'ăũ#+"ũ8ũ 1#-" ũ .11#2ũ ăũ1, 1.-ũ24ũ ,.1ũ -3#ũ (.2ũ8ũ2#ũ)41 1.-ũ ,.1ũ#3#1-.ē
"4 1".ũ , 8.Ĕũ +(9 #3'ũ .+(- Ĕũ 43##-ũ 12#-Ĕũ # --#33#ũ #, ũ8ũ 14-.ũ 9 ũ"#2# -ũ04#ũ#23 ũ-4#5 ũ/ 1#) ũ"#ũ #2/.2.2ũ3#-% ũ$#+(!(" "ũ#3#1- ē įăÿüăĀ
-"1# ũ + 19 ũ8ũ #--8ũ 1,().2ũ/1#2#-!( 1.-ũ#23 ũ4-(¢-ũ"#ũ ,.1ũ#-31#ũ242ũ ,(%.2ē
(-3( ũ .11#2Ĕũ 4+.ũ 23(++.Ĕũ (- ũ +.1#2ũ8ũ 1,#-ũ +.1#2ũ 2(23(#1.-ũ ũ#23 ũ 1#4-(¢-ũ!.-ũ+ ũăũ- +(" "ũ"#ũ!#+# 1 1ē
āĀ
- ũ(-.+5(" +# !#- ũ- 5("#
# ũ(-$.1, !(¢666ē+ '.1 ē!.,ē#!
ŏ Ĉŏ ŏ ŏĂĀ ŏ ŏĂĀ āā Ĉŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
)-ŋ )& ), ), -ŋ ŋ& ŋ ))* , .#0 ŋ ŋ "),,)ŋ3ŋ ,Z #.)ŋ - /-ŋ -. $ ,)(ŋ-/ŋ ( ŋ( 0# ŋ ŋðŋ(ŋ ŋ )'* ,.#,ŋ (., ŋ )'* ,)-ŋ3ŋ '#!)-ąŋ')' (.)-ŋ & !, -ŋ+/ ŋ, ), ,6(ŋ *),ŋ-# '*, Ąŋ &ŋ 0 (.)ŋ- ŋ /'*&# ŋ )(ŋ'/ " ŋ &! , v ŋ (ŋ & ŋ /#(. ŋ " ,& -.)(!Ą
.' - ũ #1!';-Ĕũ 5.--#ũ +,#(" Ĕũ 1(!#+ ũ ' 5 11# Ĕũ (-(!(.ũ 1_5 +.Ĕũ 1ı !#+.ũ 11 #9Ĕũ 1(#+ũ:5 +.2ũ8ũ 1+.2ũ 1 9.Ĕũ-.ũ/."~ -ũ$ +3 1ũ#-ũ#23 ũ!#- ēũ
#"#1(!.ũ 4#23 Ĕũ !04#+(-#ũ # '#11#1 ũ8ũ 1!.2ũ 4#5 1 ũ/ 2 1.-ũ %1 " +#2ũ,.,#-3.2ũ#-ũ#23 ũ 1#4-(¢-ēũ
#1!8ũ ;1"#- 2Ĕũ +#) -"1 ũ #%41 ũ8ũ 4 -ũ 1+.2ũ 2 -3#2ũ"(2$143 1.-ũ"#ũ#23 ũ!#+# 1 !(¢-ũ- 5("# ē
.1 8 ũ 22.Ĕũ #1¢-(! ũ 41#Ĕũ -(3 ũ #! +"#ũ 1,(3 ũ .8 Ĕũ 1+#-#ũ +#1.ũ8ũ -"1 ũ -.ı -" Ĕũ"#) 1.-ũ"#ũ+ ".ũ#+ũ31 ).ũ/ 1 ũ5(5(1ũ!.-ũ#,.!(¢-ũ#23 ũ!#+# 1 !(¢-ũ- 5("# ē
4+(- ũ ( 4#+ Ĕũ .+ ũ 1. .Ĕũ 1~ ũ -3.-(#3 ũ #5#+.Ĕũ #1¢-(! ũ 4#5 1 Ĕũ (1( ,ũ Ì #9Ĕũ -(#+ũ #-".9 ũ8ũ 1,#-ũ 4(2'/#ũ !.,/ 1.-ũ#23 ũ!#+# 1 !(¢-ũ/1.%1 , " ũ/.1ũ+ ũ_/.! ũ- 5("# ē
ŇĒĎĉĊĎ
3RU WR $QLYHUVDULR
/XQHV
,1,&,$/
$9$1=$'2
,1,&,$/
$9$1=$'2
&RPSDUWLPRV H[SHULHQFLDV GH FXUVRV UHDOL]DGRV HQ /D +DEDQD %RJRWi \ 0LDPL $SUHQGH D EDLODU HQ SDUHMD FRPR ORV SURIHVLRQDOHV
4!~ ũ 11 -!.Ĕũ 1+.2ũ 4 (.Ĕũ 1(#+ ũ #- ũ8ũ (! 1".ũ + ;-ũ!.,/ 13(#1.-ũ #-31#ũ ,(%.2ũ#23#ũ#5#-3.ũ"#ũ!.-$1 3#1-(" "ēũ
13#2
ƒ Ä
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
),' .#0 Ĺ‹ Ĺ‹ , -*& (. -Ĺ‹ * -šŋ )(Ĺ‹!, (Ĺ‹ *. #š( ;b fb[de Z[ bW 7iWcXb[W DWY_e# dWb WfheXÂŒ Yed ''' lejei [b fhe# o[Yje Z[ B[o Eh]|d_YW Z[ :edW# Y_ÂŒd o JhWifbWdj[ Z[ âh]Wdei" J[`_Zei o 9ƒbkbWi$ BW dehcWj_lW fhecel[h| bW WYj_l_ZWZ jhWifbWdjebÂŒ]_YW [d [b fW‡i" h[]kbWdZe jeZWi bWi WYj_l_# ZWZ[i h[bWY_edWZWi Yed [b fheY[# ie Z[ eXj[dY_ÂŒd o kj_b_pWY_ÂŒd Z[ ÂŒh]Wdei$ JWcX_ƒd Yedieb_ZWh| [b I_ij[# cW DWY_edWb ?dj[]hWZe Z[ :edW# Y_ÂŒd o JhWifbWdj[i o \ehjWb[Y[h| [b i_ij[cW f‘Xb_Ye" XW`e bW h[Yje# h‡W Z[b ;ijWZe" W jhWlƒi Z[ bW 7k# jeh_ZWZ IWd_jWh_W DWY_edWb$ Bei ÂŒh]Wdei i[h|d Z_ijh_Xk_# Zei h[if[jWdZe bW B_ijW Z[ ;i# f[hW ĂŚd_YW DWY_edWb o [d YWiei [if[Y‡Ò Yei [d XWi[ Z[ bWi [iYWbWi jƒYd_YWi WZefjWZWi fWhW YWZW ÂŒh# ]Wde o j[`_Ze [d fWhj_YkbWh" [d bW YkWb i[h|d _dYbk_Zei jWcX_ƒd bei [YkWjeh_Wdei h[i_Z[dj[i [d [b [n#
j[h_eh" o i[h| WZc_d_ijhWZW feh bW 7kjeh_ZWZ IWd_jWh_W DWY_edWb$ BW _Z[W Z[ gk[ Æi_ kij[Z [i Ze# dWdj[ be lWd W [cf[pWh W i[]k_h fWhW cWjWhbe [i kd c_jeÇ" ieijk# le B[edWhZe L_j[h_ FI9 " c_[c# Xhe Z[ bW 9ec_i_ÂŒd Z[b :[h[Y^e W bW IWbkZ" [d\Wj_pWdZe [d gk[ bW dehcWj_lW [ijWXb[Y[ gk[ Æ[d YWie Z[ Wi[i_dWje [iei ÂŒh]Wdei de ied ikiY[fj_Xb[i W i[h ZedWZeiÇ$ .- -3#2ĹŠ4-(5#12 +#2
BW b[o Yedl_[hj[ W bei [YkWjeh_W# dei [d ZedWdj[i kd_l[hiWb[i" bW cWd_\[ijWY_ÂŒd" h[ijh_YY_ÂŒd e YedZ_Y_edWc_[dje Z[ bW lebkdjWZ fWhW i[h ZedWdj[i YedijWh| [d bW YƒZkbW Z[ Y_kZWZWd‡W" o [d YkWb# gk_[h ejhe ZeYkc[dje Z[ _Z[d# j_\_YWY_ÂŒd fWhW bei [njhWd`[hei h[i_Z[dj[i b[]Wbc[dj[ [d [b fW‡i" Æbei d_‹ei" d_‹Wi o WZeb[iY[dj[i [ij|d [n[djei Z[ bW b[oÇ" [nfb_YÂŒ L_j[h_$
ēŊ .1Ŋ+#8Ŋ3.".2Ŋ+.2Ŋ#!4 3.1( -.2Ŋ2#1;-Ŋ".- -3#2Ŋ"#Ŋ¢1% -.2ē
/(# #*#)-Ĺ‹- Ĺ‹'/ 0 (Ĺ‹ )(., Ĺ‹& -Ĺ‹, 0) .),# ;b j[ceh Z[ bei WbYWbZ[i W bei fhe# ZWZ[i" ÆZ[X[ i[h h[]bWc[djWZW Y[iei Z[ h[leYWjeh_W Z[ cWdZWje Z[ cWd[hW _dc[Z_WjWÇ" fWhW [l_# i[ ^_pe [l_Z[dj[ Wo[h YkWdZe bW jWh gk[ ^WoW Ækd YWei `kh‡Z_Ye [d [b fW‡iÇ$ 7ieY_WY_ÂŒd Z[ Ckd_Y_# ;d [i[ i[dj_Ze f_Z_ÂŒ fWb_ZWZ[i Z[ ;YkWZeh gk[ i[ [ijWXb[pYWd bei 7C; YedleYÂŒ W kdW ĹŠ fh_dY_f_ei b[]Wb[i [d bW dk[lW cel_b_pWY_ÂŒd fWhW 3(#-#-ĹŠ/#"(".ĹŠ"#ĹŠ 9ehj[ 9edij_jkY_edWb o [n_]_h gk[ i[ h[]kb[ [iW 1#5.! 3.1( Ä“ bW 7iWcXb[W DWY_edWb dehcW Yedij_jkY_edWb$ fWhW gk[ bW h[leYWjeh_W Bei h[fh[i[djWdj[i Z[ bei Ckd_Y_f_ei" gk[ oW i[ gk[`W# Z[b cWdZWje i[W YbWhW o fh[Y_iW o hed Z[b j[cW [d Z_Y_[cXh[" Z[Y_# fWhW gk[ i[ ]WhWdj_Y[ ÆbW _dij_jk# Z_[hed cWhY^Wh W bW 7iWcXb[W [b Y_edWb_ZWZ Z[ bei ckd_Y_f_eiÇ$ ;b WbYWbZ[ Z[ H_eXWcXW" @kWd fhÂŒn_ce '( Z[ [d[he$ FW‘b =hWdZW" fh[i_Z[dj[ Z[ IWbWpWh" \k[ c|i Wbb| o f_Z_ÂŒ gk[ bW 7C;" Wi[]khÂŒ gk[ Z_Y^W deh# i[ ikif[dZWd bei fheY[iei Z[ h[# cW" gk[ ^W i_Ze fbWdj[WZW YedjhW leYWY_ÂŒd" ^WijW gk[ i[ h[]kb[ bW ckY^ei WbYWbZ[i o ejhWi Wkjeh_# dehcW Yedij_jkY_edWb$
ĎČ
ŋ 3ŋ ŋ ,6(-#.)ŋ +/ šŋ* ( # (. ŋ ēŊ -Ŋ+ Ŋ 2 , +# Ŋ3.".2Ŋ#2/#1 -Ŋ/ 1 Ŋ5.3 1Ŋ#+Ŋ/1.8#!3.Ŋ04#Ŋ-4-! Ŋ++#%¢ē
14* ĹŠ ."1~%4#9ĹŠ ĸ ĚŊ"().ĹŠ04#ĹŠ#+ĹŠ /1.8#!3.ĹŠ2#ĹŠ!.-Äą 2#-24¢Ŋ!.-ĹŠ3.".2ĹŠ +.2ĹŠ2#!3.1#2Ä“ BW lejWY_ÂŒd Z[b fheo[Yje Z[ h[\ehcWi W bW B[o Eh]|d_YW Z[ JhWdifehj[ J[hh[ijh[" Jh|di_je o I[]kh_ZWZ L_Wb" gk[ [ijWXW Ă’ # `WZW fWhW Wo[h W bWi '&0)&" \k[ YWdY[bWZW [b c_ƒhYeb[i [d bW de# Y^[" YkWdZe [b j_jkbWh Z[b B[]_i# bWj_le" <[hdWdZe 9ehZ[he" h[c_# j_ÂŒ kd Yehh[e [b[YjhÂŒd_Ye Yed bW dej_Y_W W jeZei bei WiWcXb[‡ijWi f[he i_d Wh]kc[djei$ 7dj[ [ijW Z[Y_i_ÂŒd" <hWdY_i# Ye KbbeW CF: cWd_\[ijÂŒ gk[ \k[ Æ[d Xk[dW ^ehWÇ" fehgk[ i[ ^W [l_jWZe bW fƒhZ_ZW Z[ ÆkdW efehjkd_ZWZ ^_ijÂŒh_YW Z[ ZWhb[ h[ifk[ijWi Wb fk[Xbe [YkWjeh_W# de ieXh[ [b jh|di_je o bW i[]kh_# ZWZ l_WbÇ$ IWhkaW HeZh‡]k[p FH; " fh[i_Z[djW Z[ bW 9ec_i_ÂŒd Z[ :[iWhhebbe ;YedÂŒc_Ye" W\_h# cÂŒ gk[ \k[ kdW Æiehfh[iWÇ bW ikif[di_ÂŒd Z[ bW lejWY_ÂŒd" Z[ bW YkWb Z[iYedeY[ [b cej_le" o W]h[]ÂŒ gk[ [if[hW gk[ i[ Zƒ bW fhÂŒn_cW i[cWdW oW gk[ Æ[i kd j[cW i[h_e o [b fW‡i c[h[Y[ h[if[jeÇ$ +ĹŠ!.-Ä„ĹŠ(!3.
ÆDWZ_[ lW W l[d_h W Z[Y_h gk[ dei ^[cei bb[lWZe XW`e fh[i_e# d[iÇ" ieijkle bW fh[i_Z[djW Z[ bW 9ec_i_ÂŒd" o Wi[]khÂŒ `Wc|i ^WX[h Ă’ hcWZe d_d]‘d WYk[hZe Yed bei jhWdifehj_ijWi" Æde ^[ jhWXW`WZe XW`e d_d]‘d _dj[hƒi o Yed [ijW b[o de jhWje Z[ f[hi[# ]k_h W dWZ_[ d_ jWcfeYe \Wleh[# Y[h W d_d]‘d ]hkfeÇ$ ÆBe gk[ i[ ^WX‡W fk[ije W YedeY_c_[dje Z[ bW 7iWcXb[W fWhW lejWY_ÂŒd [hW kd l[hZWZ[he
+ĹŠ(-$.1,#ĹŠ/ 1 ĹŠ 2#%4-".ĹŠ"# 3#ĹŠ$4#ĹŠ ,."(ÄƒĹŠ! ".ĹŠ#-ĹŠ4-ĹŠ Ä‘Ä‡Ĺ˜Ä”ĹŠ1#2/#!3.ĹŠ +ĹŠ3#73.ĹŠ /1. ".ĹŠ#-ĹŠ+ ĹŠ .,(2(¢-Ģē ĹŠ : } ĹŠ
(-Ŋ5 -Ŋ Ŋ#23 1Ŋ+.2Ŋ ,(2,.2Ŋ04#Ŋ-.Ŋ /+(Ĺ ! 1.-Ŋ+ Ŋ+#8Ŋ5(%#-3#Ŋ #23.2Ŋ".2Ŋ  .2ĔŊ2#%4(1;Ŋ2(-Ŋ !4,/+(12#Ŋ+ Ŋ+#8Ģē Ŋ
} ĹŠ
cWcejh[je `kh‡Z_YeÇ" fkdjkWb_# pÂŒ HW\W[b :|l_bW 7B o [nfb_YÂŒ gk[ [i[ j[nje j[d‡W ÆZ[iZ[ \WbjWi Z[ ehje]hW\‡W ^WijW XWhXWh_ZW# Z[i `kh‡Z_YWiÇ" o YedYbkoÂŒ Z_# Y_[dZe gk[ Æ[i[ j[nje h[ifedZ[ W _dj[h[i[i fWhj_YkbWh[iÇ" o gk[ HeZh‡]k[p ÆZ[X[h‡W h[dkdY_Wh W bW fh[i_Z[dY_W Z[ bW 9ec_i_ÂŒdÇ$ >Wo WiWcXb[‡ijWi gk[ ÆjWb l[p fehgk[ de i[ b[i fkie Wb]e gk[ [bbei gk_i_[hed l_[d[d W Yk[ij_edWh kd _d\ehc[ gk[ [bbei c_icei ^Wd \_hcWZeÇ" h[ifedZ_ÂŒ HeZh‡]k[p" gk_[d h[Y^WpÂŒ gk[ Y_[hjei b[]_ibWZe# h[i fh[j[dZWd ÆZ[ifh[ij_]_Wh [b jhWXW`e gk[ ^[cei h[Wb_pWZe [d [gk_feÇ$ !4#1".ĹŠ/.+~3(!.
7b ^WXbWh Z[b WYk[hZe Ă’ hcWZe [djh[ eĂ’ Y_Wb_ijWi o jhWdifehj_i# jWi" KbbeW h[iWbjÂŒ gk[ Wb [ijWh jWcX_ƒd Ă’ hcWZe feh bei c_d_i# jhei i[ Yedl_[hj[ [d kd ÆWYk[h# Ze feb‡j_YeÇ$ 7‹WZ_ÂŒ gk[ fWhW Ykcfb_hbe de [i d[Y[iWh_e [ij_fkbWhbe [d bW b[o" i_de ÆZ[`Wh kd h[igk_Y_e fWhW bW i_dl[h]”[dY[h‡WÇ$ KbbeW h[ifWbZÂŒ ik Wh]kc[d# je Z_Y_[dZe gk[ Æfeh [`[cfbe Z[`Wd _djeYWZW bW [ijhkYjkhW Z[ gk_[d[i jecWd bWi Z[Y_i_ed[i fWhW bW Wfb_YWY_ÂŒd Z[ bW B[oÇ" [djh[ lWh_ei j[cWi W ik fWh[Y[h
+ĹŠ,#.++. Ĺ—ĹŠĹŠ +ŊĉđŊ"#ĹŠ2#/3(#, 1#ĹŠ"#ĹŠÄ‰Ä‡ÄˆÄ‡ĹŠ2#ĹŠ ÄƒĹŠ1,¢Ŋ4-ĹŠ !4#1".ĹŠ#-31#ĹŠ+.2ĹŠ.ÄƒĹŠ!( Äą
+(23 2ĹŠ _2 1ĹŠ ."1~%4#9ĹŠ8ĹŠ 1 -!(2!.ĹŠ %¢ĔŊ+ 2ĹŠ,(-(231 2ĹŠ"#ĹŠ 1 -2/.13#ĔŊ 1~ ĹŠ"#ĹŠ+.2ĹŠ:-%#+#2ĹŠ 4 13#ĔŊ8ĹŠ ..1"(- ".1 ĹŠ"#ĹŠ+ ĹŠ .+~3(! ĔŊ .1(2ĹŠ .+(9ĔŊ#+ĹŠ"(1#!3.1ĹŠ#)#!43(5.ĹŠ"#ĹŠ+ ĹŠ .,(2(¢-ĹŠ !(.- +ĹŠ"#ĹŠ 1;-2(3.ĔŊ (! 1".ĹŠ -3¢-ĔŊ8ĹŠ+.2ĹŠ1#/1#2#-Äą 3 -3#2ĹŠ"#ĹŠ+.2ĹŠ"(5#12.2ĹŠ%1#,(.2ĹŠ"#ĹŠ 31 -2/.13(23 2Ä“ +ĹŠ3#73.ĹŠ"(!#ĹŠÄĄ-.2ĹŠ'#,.2ĹŠ 1#4-(".ĹŠ 04~ĹŠ!.-ĹŠ#+ĹŠÄƒĹŠ-ĹŠ"#ĹŠ!.-!1#3 1ĹŠ 4-ĹŠ-4#5.ĹŠ !#1! ,(#-3.ŊĸēēēĚŊ#-31#ĹŠ #+ĹŠ%. (#1-.ĹŠ"#ĹŠ+ ĹŠ #5.+4!(¢-ĹŠ (4Äą " " - ĹŠ8ĹŠ#23#ĹŠ(,/.13 -3#ĹŠ2#!3.1Ä“ĹŠ ĹŠ !.1" ,.2ĢĔŊ"#2/4_2ĹŠ"#ĹŠ+.ĹŠ!4 +ĹŠ 5(#-#-ĹŠ2(#3#ĹŠ/4-3.2ĔŊ#-31#ĹŠ+.2ĹŠ, 2ĹŠ (,/.13 -3#2ĹŠ(,/4+2 1ĹŠ+ ĹŠ/1(2(¢-ĹŠ / 1 ĹŠ+.2ĹŠ(-$.1, +#2ĔŊ8ĹŠ+ ĹŠ#+(,(- Äą !(¢-ĹŠ"#ĹŠ+.2ĹŠ 13~!4+.2ĹŠ04#ĹŠ2 -!(.- -ĹŠ ĹŠ+ 2ĹŠ./#1 ".1 2ĹŠ#-ĹŠ+.2ĹŠ! 2.2ĹŠ"#ĹŠ !!("#-3#2ĹŠ.! 2(.- ".2ĹŠ/.1ĹŠ+.2ĹŠ 5#'~!4+.2ĹŠ"#ĹŠ24ĹŠ %14/ !(¢-Ä“
_cfehjWdj[i Yece [b IE7J" <edZe Z[ Fh[l_i_ÂŒd L_Wb o bW fbWd_Ă’ YWY_ÂŒd Z[ hkjWi$
ĹŠ1#2/4#23
9ƒiWh HeZh‡]k[p" c_[cXhe Z[ bW 9ec_i_ÂŒd" WYbWhÂŒ gk[ Æ`Wc|i [ijW XWdYWZW F7?I lW W [ijW# Xb[Y[h bW dehcWj_lW [d \kdY_ÂŒd Z[ bei _dj[h[i[i fWhj_YkbWh[i" ]hkfWb[i e i[Yjeh_Wb[iÇ" o h[\[# h[dj[ Wb WYk[hZe Ă’ hcWZe Yed bei jhWdifehj_ijWi f_Z_ÂŒ gk[ de i[ Æj[h]_l[hi[Ç [b i_]d_\_YWZe Z[b ZeYkc[dje$ Æ;i[ WYk[hZe [i kd Yec# fhec_ie" fWhW gk[ [d [b cWhYe Z[b ;`[Ykj_le o B[]_ibWj_le i[ fk[ZWd Z_iYkj_h bWi fh[eYkfW# Y_ed[i o fhefk[ijWi Z[ bei i[Y# jeh[i Z[b jhWdifehj[Ç" [d\Wj_pÂŒ Wb Yec[djWh gk[ bei j[cWi gk[ de bb[]Whed W Yedi[die Z[djhe Z[ bW XWdYWZW de [ij|d [d bW dehcWj_lW$
ƒ
.-3.2
+(" 2ĹŠ8ĹŠ! -!#+ !(.-#2
Ä‚
ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
-.,)-Ĺ‹ $/ #& )-Ĺ‹ ()Ĺ‹, # #,6(Ĺ‹ , .,) .#0)
9ed [b h[ifWbZe Z[ bei WiWc# Xb[‡ijWi Z[b Cel_c_[dje F7?I" [b fh[i_Z[dj[ Z[ bW 9ec_i_ÂŒd EYWi_edWb Z[ ;ZkYWY_ÂŒd" 9ƒiWh HeZh‡]k[p" WdkdY_ÂŒ gk[ jhWi [b Wd|b_i_i h[Wb_pWZe h[if[Yje W bei fkdjei Yh‡j_Yei Z[ bW B[o Eh]|# d_YW Z[ ;ZkYWY_ÂŒd ?dj[hYkbjk# hWb" [dl_Wh| Wb fh[i_Z[dj[ Z[ bW 7iWcXb[W DWY_edWb" <[hdWdZe 9ehZ[he" kd WZƒdZkc Yed ceZ_# Ă’ YWY_ed[i Wb j[nje" [djh[ [bbWi bW h[b_gk_ZWY_ÂŒd W bei cW[ijhei gk[ i[ WYe]_[hed Wb h[j_he lebkdjWh_e W fWhj_h Z[ eYjkXh[ Z[ (&&.$ HeZh‡]k[p _dZ_YÂŒ gk[ [ijW h[# b_gk_ZWY_ÂŒd b[ i_]d_Ă’ YW Wb ;ijWZe [YkWjeh_Wde" kdW _dl[hi_ÂŒd Z[ Wfhen_cWZWc[dj[ '+& c_bbed[i Z[ ZÂŒbWh[i" be YkWb ][d[hWh| kdW W\[YjWY_ÂŒd Wb Fh[ikfk[ije =[d[hWb Z[b ;ijWZe o W bW fbWd_Ă’ YWY_ÂŒd Z[ bWi feb‡j_YWi f‘Xb_YWi ieY_Wb[i$ 7Ă’ hcÂŒ gk[ feh [ijW hWpÂŒd de WfeoWh|d bW fhefk[ijW gk[ i[ _d#
ĹŠ -ĹŠÄ‰Ä‡ÄˆÄ‡ĹŠ2#ĹŠ)4 (+ 1.-ŊĉēćĎÄ?ĹŠ, #231.2ĔŊ ĹŠ Ĺ—04(#-#2ĹŠ2#ĹŠ+#2ĹŠ/ %Â˘ĹŠÄ‰ÄŒÄŚÄ‘Ä‡ÄŠÄ“Ä?ććŊŊ"¢+ 1#2ĹŠ8ĹŠ + ĹŠ-.1, ĹŠ#-ĹŠ1#$#1#-!( ĹŠ!1# ĹŠ4- ĹŠ. +(% !(¢-ĹŠ "(!(.- +ĹŠ"#ĹŠÄŒÄŽÄŚÄŽÄ?ćēđććŊ"¢+ 1#2Ä“
ĹŠ -ŊĉććĒŊ'4 .ĹŠÄŒÄ“ÄŽÄŽÄ‘ĹŠ)4 (+ ".2ĔŊ ĹŠ Ĺ—04(#-#2ĹŠ2#ĹŠ+#2ĹŠ/ %¢ŊĎđČĊÄ?Ä?Ä“ÄŒÄ‡Ä‡ĹŠ"¢+ 1#2ĹŠ8ĹŠ $ +3 1~ ĹŠ! -!#+ 1+#2ĹŠÄ‘Ä‘ÄŚÄ?Ä?Ä?ēđćŊ"¢+ 1#2Ä“
ĹŠ -ŊĉććđĔŊ"#2/4_2ĹŠ"#ĹŠ04#ĹŠ2#ĹŠ /1. ¢Ŋ+ ĹŠ Ĺ— .-23(34!(¢-ĹŠ2#ĹŠ)4 (+ 1.-ĹŠÄˆÄ“Ä‰Ä’ÄˆĹŠ, #231.2ĔŊ ĹŠ 04(#-#2ĹŠ2#ĹŠ+#2ĹŠ/ %Â˘ĹŠĹŠÄˆÄ’ÄŚÄ‘Ä‰ÄŒÄ“Ä‡Ä‡Ä‡ĹŠ"¢+ 1#2ĹŠ
ĹŠ (ĹŠ2#ĹŠ /14# ĹŠ+ ĹŠ-.1, ĹŠÄĄ2#ĹŠ!1# 1~ ĹŠ4- ĹŠ. +(Äą Ĺ—% !(¢-ĹŠ-.ĹŠ$(- -!( " ĹŠ"#ĹŠÄˆÄ‘ÄŚÄ‰Ä‰Ä‡Ä“ÄŒÄ‡Ä‡ĹŠ"¢+ 1#2ĢĔŊ "().ĹŠ _2 1ĹŠ ."1~%4#9ĔŊ 2 , +#~23 ĹŠ"#ĹŠ
YbkoW [b fW]e h[jheWYj_le Z[b [i# j‡ckbe Z[ `kX_bWY_Œd W jeZei bei cW[ijhei gk[ i[ h[j_hWhed bk[]e Z[ bW WfheXWY_Œd Z[ bW 9WhjW Feb‡j_YW$ # !!(.-#2
;b WiWcXb[‡ijW @eh][ ;iYWbW CF: YWb_Ă’ YÂŒ Z[ cW‹eiW bW Z[# Y_i_ÂŒd Z[ bW XWdYWZW eĂ’ Y_Wb_ijW o Z_`e gk[ [b fW]e h[jheWYj_le W bei ZeY[dj[i [ij| WcfWhWZe [d bW l_]ƒi_cW fh_c[hW jhWdi_jeh_W Z[ bW 9edij_jkY_ÂŒd o [d [b \Wbbe Z[ bW 9ehj[ 9edij_jkY_edWb [d [b YkWb i[ h[YedeY[ [b Z[h[Y^e Z[ bei ZeY[dj[i W h[Y_X_h kdW `kX_bW# Y_ÂŒd Z_]dW o gk[ fW]Whb[i '( c_b o '* c_b ZÂŒbWh[i de h[Yecf[diW [b jhWXW`e Z[ W‹ei Wb i[hl_Y_e Z[ bW [ZkYWY_ÂŒd$ BW fh[i_Z[djW Z[ bW KD;" CW# h_WdW FWbbWiYe" Z_`e gk[ ik fbWd# j[Wc_[dje [i gk[ W bei cW[ijhei i[ b[i ejeh]k[ feh ik `kX_bWY_ÂŒd '+& iWbWh_ei X|i_Yei kd_Ă’ YWZei$
ēŊ Ŋ+~-# Ŋ+(,~31.$#Ŋ' Ŋ2(".Ŋ4-Ŋ$.!.Ŋ'(23¢1(!.Ŋ"#Ŋ!.-ĄŊ(!3.ē
/ ),Ĺ‹ */ -. Ĺ‹ *),Ĺ‹/( Ĺ‹ ,)(. , Ĺ‹ Ĺ‹ * 4Ĺ‹ )(Ĺ‹ )&)' # -.ĹŠ"#ĹŠ+.2ĹŠ. )#3(5.2ĹŠ"#+ĹŠ . (#1-.ĹŠ#2ĹŠ !.-2.+(" 1ĹŠ+ 2ĹŠ1#+ !(.-#2ĹŠ"#ĹŠ , .2ĹŠ / ~2#2ĹŠ#-ĹŠ3.".2ĹŠ+.2ĹŠ;, (3.2Ä“
Ä“ĹŠ -ĹŠÄ‰Ä‡ÄˆÄ‡ĹŠ+.2ĹŠ/1.$#2.1#2ĹŠ/1.3#23 1.-ĹŠ/.1ĹŠ242ĹŠ24#+".2ĹŠ8ĹŠ3 , (_-ĹŠ1#!+ Äą , 1.-ĹŠ/.1ĹŠ+ ĹŠ1#+(04(" !(¢-ĹŠ"#ĹŠ+ 2ĹŠ)4 (+ !(.-#2Ä“
Ĺ‹ / -.#)( Ĺ‹ ZĂ°Ĺ‹ #.Ĺ‹ (Ĺ‹ (#0 ,-# Ĺ‹ -. . & ŊŊš @Wl_[h He`Wi" YeehZ_# dWZeh dWY_edWb Z[ bW <[Z[hWY_ÂŒd DWY_edWb Z[ ;ijkZ_Wdj[i Kd_# l[hi_jWh_ei Z[b ;YkWZeh <;K; " Z[dkdY_ÂŒ Wo[h gk[ [b =eX_[hde ^W Yh[WZe kd ZÂƒĂ’ Y_j Æf[b_]heieÇ fWhW [b Z[i[dlebl_c_[dje Z[ bW Kd_l[hi_ZWZ ;ijWjWb Z[ =kWoW# gk_b" [d (&''$ Ieijkle gk[ h[ZkY_h [b fh[ik# fk[ije Z[ ('+ W '+- c_bbed[i Z[ ZÂŒbWh[i" f[h`kZ_YWh| bW YWb_ZWZ Z[ bW [ZkYWY_ÂŒd ikf[h_eh [d je# ZWi bWi kd_ZWZ[i WYWZƒc_YWi Z[ bW kd_l[hi_ZWZ$ Æ;b ZÂƒĂ’ Y_j [i Z[ +. c_bbed[i Z[ ZÂŒbWh[i fWhW [ij[ W‹e" feh be gk[ i[ YWij_]W W bW _dl[ij_]WY_ÂŒd o bW j[Yd_Ă’ YWY_ÂŒd Z[ bW kd_l[h#
i_ZWZÇ" ieijkle$ 7 ,#-Ŋ"#Ŋ(-%1#2.
;b Z_h_][dj[ jWcX_ƒd h[Y^WpÂŒ gk[ [ij[ W‹e i[ fh[j[dZW [n_]_h W bei XWY^_bb[h[i kd [nWc[d Z[ _d]h[# ie" gk[ Wj[djW YedjhW [b Z[h[Y^e Wb b_Xh[ _d]h[ie o W bW ]hWjk_ZWZ Z[ bW [ZkYWY_ÂŒd ikf[h_eh$ ÆI[ fh[j[dZ[ YeXhWh kd cedje Z[ +& ZÂŒbWh[i fWhW WYY[Z[h W [ij[ [nWc[dÇ" Z_`e He`Wi" Wb i[‹WbWh gk[ WYjkWbc[dj[ [n_ij[d bei fh[kd_# l[hi_jWh_ei gk[ i_hl[d fWhW d_l[bWh Wb [ijkZ_Wdj[ gk[ lW W kd fh_c[h W‹e Z[ bW YWhh[hW gk[ h[gk_[hW$ He`Wi de Z[iYWhjÂŒ gk[ bW <;K; bbWc[ W fhej[ijWi fWhW Z[# \[dZ[h [b b_Xh[ _d]h[ie$
;b \ehjWb[Y_c_[dje Z[ bei bWpei Zei h[YedeY_Zei e\_Y_Wbc[dj[ Yed 9ebecX_W [i kde Z[ bei o .& c_b c|i gk[ jhWc_jWd iki ]hWdZ[i eX`[j_lei Z_fbec|j_Yei ieb_Y_jkZ[i Z[ fhej[YY_ÂŒd$ BW fh[i[dY_W Z[b dk[le [cXW# gk[ ;YkWZeh i[ ^W fbWdj[WZe fWhW [ij[ W‹e$ ;ije be YedĂ’ hcWd `WZeh [d 9ebecX_W [i Z[b h[[ijW# bWi Z[YbWhWY_ed[i l[hj_ZWi feh [b Xb[Y_c_[dje Z[ bWi h[bWY_ed[i gk[ [cXW`WZeh HW‘b LWbb[`e [d 8e# i[ hecf_[hed [d cWhpe Z[ (&&. ]ej| o feh [b YWdY_bb[h H_YWhZe bk[]e Z[b XecXWhZ[e c_b_jWh W kd YWcfWc[dje Z[ bWi <k[hpWi 7h# FWj_‹e Z[iZ[ ;YkWZeh$ :[iZ[ bW ;cXW`WZW Z[ ;YkW# cWZWi H[lebkY_edWh_Wi Z[ 9e# Zeh [d 9ebecX_W" LWbb[`e Wi[# becX_W [d j[hh_jeh_e [YkWjeh_Wde$ ;ije be hWj_Ă’ YÂŒ FWj_‹e" gk_[d ]khÂŒ gk[ kdW Z[ bWi c[jWi Z[b =eX_[hde Z[ HW\W[b 9ehh[W" [i Z[ijWYÂŒ gk[ bW c[jW Z[ ;YkWZeh [i ÆYedieb_ZWh bW h[bWY_ÂŒd be]hWh gk[ bW \hedj[hW Z_fbec|j_YW" YkbjkhWb" [d dehj[ i[ Yedl_[hjW [d kd ĹŠ jƒhc_dei Z[ Yeef[hWY_ÂŒd" j[hh_jeh_e Z[ fWp [d [b gk[ [d fheo[Yjei Yed`kdjei de j[d]Wd YWX_ZW ]hkfei WhcWZei _b[]Wb[i d_ WYj_# ĹŠ$(- +#2ĹŠ"#ĹŠ#-#1.ĹŠ 2#ĹŠ1#3., 1;ĹŠ#+ĹŠ ĹŠ Yed 9ebecX_W o jWcX_ƒd -!4#-31.ĹŠ [d [b |cX_je Yec[hY_WbÇ$ l_ZWZ[i _b‡Y_jWi$ BW feb‡j_YW [YkWje# (- !(.- +ĹŠ !4 ".1Äą h_WdW ieXh[ bei ]hkfei #-#94#+ ĔŊ ĹŠ1# Äą .,#1!(.ĹŠ8ĹŠ/ 31(,.-(. +(9 12#ĹŠ#-ĹŠ +(- 2Ä“ _hh[]kbWh[i j_[d[ WbYWdY[ 7b h[\[h_hi[ W bW e\_Y_dW jWdje ieXh[ fWhWc_b_jWh[i gk[ i[ fh[j[dZ[ _dijWbWh o dWhYejhWĂ’ YWdj[iÇ" WZl_hj_ÂŒ LW# [d 8e]ej|" FWj_‹e Wi[]khÂŒ gk[ [b bb[`e" gk_[d h[iWbjÂŒ [b Z[Yec_ie fW‡i Z[X[ Z_l[hi_Ă’ YWh [b Z[ij_de Z[ Wbh[Z[Zeh Z[ '. jed[bWZWi Z[ Z[ iki [nfehjWY_ed[i o Z[ijWYÂŒ bW Zhe]W [d bei ‘bj_cei c[i[i$ _cfehjWdY_W Z[ ^WY[hbe jWcX_ƒd ;b \kdY_edWh_e jWcX_ƒd _d\eh# [d bei fW‡i[i Z[ 7cƒh_YW BWj_dW cÂŒ gk[ [d (&'& i[ Z[icWdj[bW# o ;b 9Wh_X[$ hed '(+ _dijWbWY_ed[i e f[gk[# ;b 9WdY_bb[h W]h[]ÂŒ gk[ _dl_jW# ‹ei Z[ijWYWc[djei Z[ bWi <7H9 h|d W [cfh[iWh_ei YebecX_Wdei W [d ;YkWZeh" ZedZ[ WZ[c|i i[ gk[ _dl_[hjWd o ^W]Wd jkh_ice [d ZW WYe]_ZW W h[\k]_WZei gk[ ;YkWZeh o WdkdY_ÂŒ gk[ [djh[]W# ^ko[d Z[b YedĂ“ _Yje YebecX_W# h|d kdWi f_[pWi fWjh_ced_Wb[i de$ ;d [ij[ j[cW Yec[djÂŒ gk[ Z[ [i[ fW‡i gk[ i[ fh[j[dZ‡Wd Ye# WYjkWbc[dj[ ^Wo +) c_b h[\k]_W# c[hY_Wb_pWh [d bWi _ibWi [YkWjeh_W#
.-.9!
%#-" Ŋ"(/+.,;3(! Ŋ - Ŋ"#+#% !(¢-Ŋ"#+Ŋ . (#1-.Ŋ"#Ŋ 1;-Ŋ ŗ5(2(3 1;Ŋ !4 ".1Ŋ/ 1 Ŋ"( +.% 1Ŋ2. 1#Ŋ3#, 2Ŋ #-#1%_3(!.2ĔŊ"#Ŋ!../#1 !(¢-Ŋ8Ŋ!.,#1!(.ē
ĹŠ 1 ĹŠ#+ĹŠÄ‰ÄŒĹŠ"#ĹŠ#-#1.ĹŠ#23;ĹŠ/1#5(23 ĹŠ+ ĹŠ Ĺ—5(2(3 ĹŠ"#+ĹŠ , ) ".1ĹŠ"#ĹŠ +#23(- ĹŠ#-ĹŠ #1ĂŒĹŠ !.-!411#-3#ĹŠ#-ĹŠ !4 ".1Ä“
Ŋ #Ŋ -4-!(¢Ŋ04#Ŋ Ŋ(-(!(.2Ŋ"#Ŋ$# 1#1.Ŋ2#Ŋ ŗ!4,/+(1;Ŋ#+Ŋ"#2/+ 9 ,(#-3.Ŋ"#Ŋ+.2Ŋ/1#2(Ĺ
"#-3#2Ŋ"#Ŋ !4 ".1ĔŊ $ #+Ŋ .11# ĔŊ8Ŋ '(+#ĔŊ # 23(;-Ŋ ( #1 ĔŊ Ŋ+ Ŋ -3;13(! ē
ĹŠĹŠ $ #+ĹŠ .11# ĹŠ!.-ÄƒĹŠ1,¢Ŋ24ĹŠ 2(23#-!( ĹŠ Ĺ— ĹŠ+ ĹŠ 4, 1#ĹŠ"#ĹŠ ,_1(! ĹŠ"#+ĹŠ 41ŊIJŊ ~2#2ĹŠ
:1 #2ŊIJŊ ĔŊ ĹŠ1# +(9 12#ĹŠ#-31#ĹŠ#+ĹŠÄˆÄŒĹŠ8ĹŠÄˆÄ?ĹŠ "#ĹŠ$# 1#1.ĔŊŊ#-ĹŠ (, Ä“
dWi Z[ =Wb|fW]ei$ 9ec[djÂŒ gk[ [d Yed`kdje Yed [b C_d_ij[h_e [YkWjeh_Wde Z[ 9eehZ_dWY_ÂŒd Z[b FWjh_ce# d_e" i[ fedZh|d [d YedjWYje Yed 9ebecX_W fWhW [djh[]Wh bWi Æf_[pWi Whgk[ebÂŒ]_YWiÇ$ I[ jhWjW Z[ kd Æ][ije c|i Z[ dk[ijhW Z[Y_i_ÂŒd Z[ W\_WdpWh dk[ijhWi h[bWY_ed[i Z[ Wc_i# jWZÇ" Wi[]khÂŒ [b \kdY_edWh_e$ 31.2ĹŠ3#, 2ĹŠ
FWj_‹e jWcX_ƒd i[ h[Ă’ h_ÂŒ W bW W][dZW Yec[hY_Wb gk[ _cfkb# iWh| [b fW‡i fWhW be]hWh WYk[h# Zei Z[ Yec[hY_e" \ehjWb[Y[h c[hYWZei o WXh_h dk[lWi eĂ’ # Y_dWi [d [b [nj[h_eh$ ;d [ij[ cWhYe WdkdY_ÂŒ gk[ [b '- Z[ [d[he l_W`Wh| W L[d[pk[bW fWhW jhWjWh j[cWi h[bWY_edWZei W bW YedYh[Y_ÂŒd Z[b 7Yk[hZe CWhYe 9ec[hY_Wb gk[ i[ Ă’ hcÂŒ [d (&'&$
,$/ # )-Ĺ‹- ˜ & (Ĺ‹ Ĺ‹ ., Ă° (. -Ĺ‹ Ĺ‹.# ,,
.2ĹŠ(-5 2.1#2ĹŠ2#ĹŠ "#!+ 1 1.-ĹŠ/#1)4Äą "(! ".2ĹŠ#ĹŠ("#-3(Äą ă! 1.-ĹŠ ĹŠ04(#-#2ĹŠ +#2ĹŠ#23 $ 1.-Ä“
Ĺ? ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä Ĺ?
Ĺ? +. ÄŒĹ?
ă
.,/+#).ĹŠ #%(2+ 3(5.
Ĺ—ĹŠĹŠĹŠ
;b fh[i_Z[dj[ Z[ bW 7iWc# Xb[W" <[hdWdZe 9ehZ[he" WYecfW‹WZe feh bei WiWc# Xb[‡ijWi <hWdY_iYe KbbeW CF: o 9[bie CWbZedWZe F7?I i[ h[kd_[hed Yed bei ]WdWZeh[i Z[b YedYkhie Z[ Wdj[fheo[Yjei Z[b 9ecfb[`e B[]_ibWj_le" =WXh_[bW 7]k_b[# hW o @kWd 9Whbei Ieh_W" o bei c_[cXhei Z[b `khWZe" Yed [b Òd Z[ fhe\kdZ_pWh Wb]kdei Z[jWbb[i Z[b Z_i[‹e Z[b fheo[Y# je Z[Òd_j_le$
ŊěŊ BW <_iYWb‡W Z[b =kW#
oWi oW j_[d[ [d YWhf[jW bei dec# Xh[i Z[ '( fh[ikdjei jhWĂ’YWdj[i Z[ j_[hhW l[h h[YkWZhe gk[ \k[# hed WYkiWZei Z[ l[dZ[h _b[]Wb# c[dj[ j[hh[dei [d bei i[Yjeh[i Z[ Cedj[ I_dW‡ o 9_kZWZ Z[ :_ei" Wb dehj[ Z[ =kWoWgk_b$ BWi _Z[dj_ZWZ[i Z[ bei _dle# bkYhWZei [d [ij[ YWie \k[hed h[l[bWZWi feh Z[Y[dWi Z[ f[h# `kZ_YWZei gk[ Wo[h WYkZ_[hed W bW Feb_Y‡W @kZ_Y_Wb$ Bei Z[dkd# Y_Wdj[i \k[hed Z[iWbe`WZei Z[ bWi Ä“ĹŠ (+(3 1#2ĹŠ8ĹŠ/.+(!~ 2ĹŠ, -3(#-#-ĹŠ#+ĹŠ!.-31.+ĹŠ"#ĹŠ+.2ĹŠ3#11#-.2Ä“ĹŠ j_[hhWi [d bWi gk[ l_l‡Wd _b[]Wb# c[dj[ [b c_ƒhYeb[i feh c_b_jWh[i [djh[]WZei feh bei jhW\_YWdj[i Z[ j_[hhW YkWdZe fW]Whed [djh[ o feb_Y‡Wi$ JhWi [nfb_YWh gk[ ^Wo Y[hYW +&& W ( c_b ZÂŒbWh[i feh bei fh[#
ĹŠ .+(!~ ĹŠ ĂŒ-ĹŠ-.ĹŠ' ĹŠ1#/.13 ".ĹŠ+ ĹŠ Z[ +& Z[dkdY_Wi fh[i[djWZWi Z_ei gk[ fh[ikdjWc[dj[ WZgk_# ! /341 ĹŠ"#ĹŠ+.2ĹŠ(,/+(! ".2ĹŠ#-ĹŠ+ ĹŠ5#-Äą feh bei Z[iWbe`WZei" F[Zhe Ehj[# h_[hed$ ;d XWi[ W [ije [b W][dj[ 3 ĹŠ"#ĹŠ3#11#-.2ĹŠ"#ĹŠ, -#1 ĹŠ(+#% +Ä—ĹŠ2(-ĹŠ Ă’iYWb Z_`e gk[ [b YWie i[ ]W" W][dj[ Ă’iYWb" Yec[djÂŒ #, 1%.ĔŊ2#ĹŠ2 #ĹŠ04#ĹŠ .-8ĹŠ 23 !(.ĹŠ8ĹŠ [dcWhYW [d kd Z[b_je Z[ gk[ i[ f_Z_ÂŒ W bWi Wkjeh_# ĹŠ 1!.ĹŠ .+~2ĔŊ' 1~ -ĹŠ2 +(".ĹŠ"#+ĹŠ/ ~2ĹŠ [ijW\W o [njehi_ÂŒd$ ZWZ[i Z[b H[]_ijhe Z[ bW !.-ĹŠ"#23(-.ĹŠ ĹŠ .+., ( Ä“ Fhef_[ZWZ" Ckd_Y_f_e Z[ =kWoWgk_b o Kd_ZWZ ;bƒY# -ĹŠ#+ĹŠ! -3¢-ĹŠ 41;-Ŋĸ 4 8 2ĚŊ #$4#19 -ĹŠ2#%41(" " jh_YW gk[ \WY_b_j[d _d\eh# 2#ĹŠ"#-4-!(¢Ŋ04#ĹŠ C_[djhWi bei f[h`kZ_YWZei fh[YWkj[bWh bW _dj[]h_ZWZ Z[ bei #+ĹŠ 4-(!(/(.ĹŠ-.ĹŠ Z[ bei jhWĂ’YWdj[i Z[ j_[hhW cehWZeh[i Z[ bW Yeef[hWj_lW" cWY_ÂŒd ieXh[ bei fh[Z_ei !.-31.+ ĹŠ+.2ĹŠ [nfed‡Wd iki Z[dkdY_Wi" Wdj[ bW bb[]WZW Z[ f[hiedWi gk[ gk[ \ehcWd fWhj[ Z[ bW 2#-3 ,(#-3.2ĹŠ (+#% +#2Ä“ĹŠĹŠ c_[cXhei Z[ bWi <<$77$" XkiYWXWd Wi[djWhi[ [d j[hh[dei Yedjhel[hi_W b[]Wb$ Feb_Y‡W o 9ec_i_ÂŒd Z[ _b[]Wb[i" Z[j[d‡Wd bei YWhhei fWhW Ehj[]W Yec[djÂŒ gk[ bei _dlebkYhWZei i[ ^WY‡Wd fWiWh Jh|di_je Z[b =kWoWi 9J= h[Wb_# h[l_iWhbei Wb _]kWb gk[ W iki eYk# feh Z_h_][dj[i XWhh_Wb[i" f[he pWhed kd ef[hWj_le Z[ Yedjheb W l[# fWdj[i" fWhW iWX[h i_ fehjWXWd [ij|d WYkiWZei Z[ Wfhef_WY_ÂŒd ^‡Ykbei o f[hiedWi gk[ jhWdifeh# WhcWi$ 7Z[c|i i[ h[\ehpWhed bei o Yec[hY_Wb_pWY_ÂŒd Z[ j[hh[dei jWXWd cWj[h_Wb Z[ YedijhkYY_ÂŒd [d bWi l‡Wi Z[ WYY[ie W bW Yeef[hWj_lW Yedjheb[i fWhW [l_jWh gk[ bei _b[]Wb[i$ Wi[djWc_[djei i[ h[WYj_l[d$ JWcX_ƒd _d\ehcÂŒ gk[ bei f[h# Z[ l_l_[dZW ĂˆCedj[ I_dW‡É$ @kb_e Gk_‹Œd[p" _dj[dZ[dj[ Bei kd_\ehcWZei" gk_[d[i `kZ_YWZei WZ`kdjWhed ZeYkc[d# jei i_d lWbeh b[]Wb gk[ b[i \k[hed j_[d[d bW h[ifediWX_b_ZWZ Z[ Z[ Feb_Y‡W Z[b =kWoWi" fheY[Z_ÂŒ
1¢$4%.2 ŗŊŊ
(23
.2ĹŠ(-5.+4!1 ".2
.,/ 1#!#-!( 2ĹŠ/.1ĹŠ )4(!(.ĹŠ!.-31 ĹŠ -".
ŗŊ +#1(.Ŋ 23 !(. ŗŊŊ ",4-".Ŋ 23 !(. ŗŊ .-8Ŋ 23 !(. ŗŊ 1(23(- Ŋ 23 !(.Ŋ .1#-. ŗŊ +#-" Ŋ 4#5#". ŗŊ 4-(.1Ŋ ;11 % ŗŊ 1!.2Ŋ .+~2Ŋ ŗŊ +$1#".Ŋ .+~2 ŗŊ -3.-(.Ŋ 4;1#9 ŗŊ:-%#+ Ŋ 8. ŗŊ -%_+(! Ŋ ¢/#9Ŋ ŗŊ #1%(.Ŋ .1 +Ŋ #)~
ĹŠĹŠBW 9ec_i_ÂŒd Z[ <_iYWb_pW# Ĺ—ĹŠ Y_ÂŒd Yedj_dkWh| ^eo W fWhj_h
W bW YbWkikhW Z[ lWh_ei beYWb[i Z[ l[djW Z[ cWj[h_Wb[i Z[ YedijhkY# Y_Œd kX_YWZei [d bW pedW 9_kZWZ Z[ :_ei" ZedZ[ jWcX_ƒd i[ b[# lWdjWhed YWiWi _b[]Wbc[dj[$
& (4 Ĺ‹ )' , # &Ĺ‹ * ( Ĺ‹ Ĺ‹, Ă°( ,v Ĺ‹Ĺ‹ FWhW gk[ [ij[ W‹e i[ fk[ZW h[Zk# Y_h [b ZÂƒĂ’Y_j [n_ij[dj[ [d bW XWbWd# pW Yec[hY_Wb '$*&& c_bbed[i Z[ ZÂŒbWh[i " [i d[Y[iWh_e gk[ [b fW‡i Yec_[dY[ W h[[cfbWpWh bWi _cfeh# jWY_ed[i Z[ Z[h_lWZei Z[ YhkZe$ ;d [ij[ Yedj[inje" 8bWiYe F[# ‹W^[hh[hW IebW^" fh[i_Z[dj[ Z[b 9ec_jƒ ;cfh[iWh_Wb ;YkWjeh_W# de" Wi[]khW gk[ bW H[Ă’d[h‡W Z[b FWY‡ÒYe i[h| _dZ_if[diWXb[ fWhW h[ZkY_h [ij[ fheXb[cW$ BWi _c# fehjWY_ed[i Z[ (&'& [d[he W eY# jkXh[ h[fh[i[djWhed '+ c_bbed[i ()' c_b -+* ZÂŒbWh[i" lWbeh ikf[# h_eh W bei c|i Z[ '' c_bbed[i h[# ]_ijhWZei [d (&&/$ :[ [ij[ jejWb" bW _cfehjWY_ÂŒd Z[ YecXkij_Xb[i o Z[h_lWZei fh[i[djÂŒ kd _dYh[# c[dje Z[b (+ $ Æ;b fheXb[cW [i [ijhkYjkhWb$ ;b fh[Y_e Z[b f[# jhÂŒb[e ^W i_Ze Wbje" i_d [cXWh]e be gk[ ^W Wkc[djWZe [i [b ]Wije f‘Xb_Ye o i[ ^W ][d[hWZe kd Z[i#
ƒ
+ĹŠ . (#1-.ĹŠ3(#-#ĹŠ".2ĹŠ  .2ĔŊ.) +;ĹŠ8ĹŠ/4#" ĹŠ ' !#1ĹŠ4- ĹŠ1#ă-#1~ Ģē
ĹŠ ĹŠ Â&#x; ĹŠ
ĹŠ ĹŠ ^ĹŠ ĹŠĹŠ Ä“ĹŠĹŠĹŠ
[gk_b_Xh_eÇ" Yec[djÂŒ [b [cfh[iW# h_e$ FWhW F[‹W^[hh[hW [n_ij[d Zei YWc_dei fWhW c[`ehWh [b Zƒ\_# Y_j [d bW XWbWdpW Yec[hY_Wb$ ;b fh_c[he [i Z[`Wh Z[ _cfehjWh bW ]hWd YWdj_ZWZ Z[ YecXkij_Xb[ o [b ejhe [i b_c_jWh bWi _cfehjWY_e# d[i Z[ X_[d[i Z[ Yedikce$ ÆBW i[]kdZW efY_ÂŒd de \kd# Y_edÂŒ oW gk[ ikh]_ÂŒ [b YedjhWXWd# ZeÇ" WfkdjÂŒ F[‹W^[hh[hW" gk_[d Yh[[ gk[ [b YWc_de [i lebYWhi[ W bW [nfehjWY_ÂŒd$ ;d [ij[ fkdje jWcX_ƒd Yed# Yk[hZW @W_c[ 9Whh[hW" i[Yh[jWh_e Z[b EXi[hlWjeh_e Z[ bW Feb‡j_YW
*OEJDBEPSFT FTUJNBEPT
7PMVNFO QSPEVDDJĂ˜O mTDBMJ[BEB EF QFUSĂ˜MFP 7PMVNFO FYQPSUBDJPOFT EF DSVEP 7PMVNFO FYQPSUBDJPOFT EF EFSJWBEPT 7PMVNFO JNQPSUBDJPOFT EF EFSJWBEPT
NJMMPOFT EF CBSSJMFT
&MBCPSBDJĂ˜O -" )03"
<_iYWb" gk_[d Yedi_Z[hW gk[ [b fW‡i Z[X[ [nfbehWh dk[lei d_# Y^ei Z[ c[hYWZe o Z_l[hi_Ă’YWh bWi [nfehjWY_ed[i fWhW Ykcfb_h Yed [b eX`[j_le fhefk[ije feh [b =eX_[hde" Z[ h[ZkY_h [b ZÂƒĂ’Y_j [d c_b c_bbed[i$ FWhW [ije" jWc# X_ƒd i[h‡W d[Y[iWh_e gk[ bb[]k[ bW _dl[hi_ÂŒd [d i[Yjeh[i Yece [b j[YdebÂŒ]_Ye o gk[ [b ]Wije f‘Xb_#
Ye i[ h[ZkpYW" W‹WZ_ÂŒ 9Whh[hW$ Æ;b ;ijWZe ^W ]WijWZe .& c_b c_bbed[i Z[ ZÂŒbWh[i" Z_d[he gk[ i[ feZh‡W ^WX[h _dl[hj_Ze [d kdW h[Ă’d[h‡W o Wi‡ h[ZkY_h bWi _cfeh# jWY_ed[i Z[ YecXkij_Xb[Ç" Wi[]k# hÂŒ F[‹W^[hh[hW" Wb i[‹WbWh gk[ [d bei i_gk_[dj[i W‹ei i[ j[dZh| kd Wbje Yecfed[dj[ h[bWY_edWZe Yed bW _cfehjWY_ÂŒd Z[ Z[h_lWZei$
Z[ bWi '&0&& Yed bW h[Y[fY_ÂŒd Z[ fhk[XWi j[ij_ced_Wb[i" kdWi ieb_Y_jWZWi feh HebWdZe FWdY^WdW F7?I o ejhWi Z[ eĂ’Y_e" Z[djhe Z[b fheY[ie Z[ ikijWdY_WY_ÂŒd Z[b `k_Y_e feb‡j_Ye [d YedjhW Z[ =beh_W IWXWdZe" [n ikf[h_dj[dZ[djW Z[ 8WdYei$ ;b i[Yh[jWh_e @kh‡Z_Ye Z[ bW Fh[i_Z[dY_W" 7b[n_i C[hW" i[h| [b fh_c[he [d YecfW# h[Y[h [d bW i[i_ÂŒd" i[]k_Ze Z[ ;ZkWhZe 9Whc_]d_Wd_" Yece WXe]WZe Z[\[dieh Z[ [n WZc_d_ijhWZeh[i Z[ bW XWdYW Y[hhWZW$ JWcX_ƒd ZWh| ik l[hi_ÂŒd [b Z_h[Yjeh DWY_edWb Z[ ;dj_# ZWZ[i [d B_gk_ZWY_ÂŒd Z[ bW Ikf[h_dj[dZ[dY_W" <WXh_Y_e PWcXhWde$
/.8.ĹŠ ĹŠ,4)#1#2ĹŠĹŠ $1."#2!#-"(#-3#2
Ĺ—ĹŠĹŠĹŠ
Kd Wfehj[ Z[ '*,$/'& ZÂŒbW# h[i Z[b ?dij_jkje DWY_edWb Z[ ;Yedec‡W FefkbWh o Ieb_ZW# h_W \ehjWb[Y[h| [b Z[iWhhebbe Z[ [cfh[iWi WieY_Wj_lWi" \Wc_b_Wh[i [ _dZ_l_ZkWb[i" Z[ Yedikce ieb_ZWh_e o W^ehhe Yeckd_jWh_e$ ;ijei fhe]hcWi X[d[Ă’Y_Wh|d Z_h[YjWc[dj[ W ck`[h[i o `ÂŒl[d[i f[hj[d[Y_[dj[i W bW 7ieY_WY_ÂŒd Z[ 7\heZ[iY[d# Z_[dj[i Ck`[h[i Z[ BkY^W$ :ebeh[i Gk_dj[he" fh[i_Z[djW Z[ bW eh]Wd_pWY_ÂŒd" h[YedeY_ÂŒ gk[ [b Ă’dWdY_Wc_[dje WokZW# h| W \ehjWb[Y[h jeZWi bWi |h[Wi Z[ jhWXW`e gk[ cWdj_[d[d WYjkWbc[dj[$
ƒ ą
ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
, Ĺ‹, )!#šŋ Ă°Ĺ‹,' -Ĺ‹ (Ĺ‹' #)Ĺ‹ Ĺ‹#(-/&.)9Whbei L[hW" [n fh[i[djWZeh Z[ dej_Y_Wi o WYjkWb WYj_l_ijW feb‡# j_Ye" h[jecÂŒ ik fheY[ie Z[ h[Ye# b[YY_ÂŒd Z[ Ă’ hcWi [d [ijW Y_kZWZ" fWhW h[\ehpWh ik fheo[Yje Z[ h[# leYWh [b cWdZWje Z[b fh[i_Z[dj[ HW\W[b 9ehh[W$ FWiWZWi bWi '&0&&" bei YebW# XehWZeh[i Z[ L[hW kX_YWhed kdW c[iW o lWh_Wi fWdYWhjWi [d bW FbWpW Z[ IWd <hWdY_iYe" [d fb[de Y[djhe Z[ bW Y_kZWZ" fWhW bbWcWh bW Wj[dY_ÂŒd Z[ bei jhWdi[‘dj[i W gk[ i[ WY[hgk[d W Yedi_]dWh ik Ă’ hcW$ ;b h[Y^Wpe Z[ bei Ye#
hh[‡ijWi de [ijkle Wki[dj[ [d bW `ehdWZW o [d c[Z_e Z[ _dikbjei eXb_]Whed W bei WY# j_l_ijWi W h[j_hWhi[ Z[b bk]Wh$ Kj_b_pWdZe jƒhc_dei Yece ÆZ_YjWZeh o Wi[i_deÇ" bW ][dj[ Z[ F7?I h[Y^WpÂŒ bW fh[i[d# Y_W Z[ L[hW [d [b Y[djhe Z[ bW Y_kZWZ$ 9ƒiWh 9ehed[b" YebWXehW# Zeh Z[b WYj_l_ijW" cWd_\[ijÂŒ gk[ bW fhej[ijW \k[ eh]Wd_pW# ZW o fW]WZW$ L[hW" gk_[d [if[hW h[kd_h Zei c_bbed[i Z[ \_hcWi Z[ h[ifWbZe fWhW gk[ [b 9edi[`e DWY_edWb ;b[YjehWb Wfhk[X[ kdW YedikbjW fefkbWh gk[ fed]W W Yedi_Z[hWY_ÂŒd Z[ bei Y_kZWZWdei bW h[leYWjeh_W Z[b fh[i_Z[dj[ HW\W[b 9ehh[W" fWhj_ÂŒ Z[b bk]Wh [d kd D_iiWd CkhWde" Yebeh dWhWd`W$ :khWdj[ [b j_[cfe gk[ f[hcWd[Y_ÂŒ [d [b i_j_e" i[ h[Ye]_[hed Wbh[Z[Zeh Z[ '&& Ă’ hcWi W jhWlƒi Z[ jh[i c[iWi Ă’ `Wi o lWh_ei fkdjei cÂŒl_b[i$
ēŊ .2Ŋ$.3¢%1 $.2Ŋ8Ŋ! , 1¢%1 $.2Ŋ-.Ŋ"#2!4(" 1.-Ŋ+.2Ŋ"#3 ++#2ē
#)-Ĺ‹*Ă„ &# )-Ĺ‹ # ,)(Ĺ‹!, ( ) ,./, Ĺ‹ Ĺ‹ . ( #š(Ĺ‹ Ĺ‹ gk[ [ijkl_[hed W bW bb[]WZW Z[b i[djWZeh Z[ J[b[WcWpedWi" 8[h# fh[i[djWZeh Z[j[d_Ze" gk_[d W dWhZe 7XWZ" i[ iWblÂŒ Z[ fWiWh bW feijh[ de bb[]ÂŒ W bW ^ehW _d# Wb]kdei Z‡Wi h[Ybk_Ze [d bW F[# Z_YWZW W bW j[hc_dWb Wƒh[W Ăˆ@eiƒ d_j[dY_Wh‡W Z[b B_jehWb" feh kd @eWgk‡d Z[ Ebc[ZeÉ$ 7b Y_[hh[ Z[ [ijW [Z_Y_ÂŒd" fheY[ie Z[ Wb_c[djei$ 7o[h" bei WXe]WZei Z[b Yeckd_YWZeh" Yed# bei c[Z_ei [if[hWXWd [b Whh_Xe i_]dWhed [d [b @kp]WZe Del[de Z[b f[h_eZ_ijW Z[j[d_Ze W bW F@ Z[ bW D_‹[p o bW 7Zeb[iY[dY_W Z[b fWhW bWi Z_b_][dY_Wi b[]Wb[i o ik =kWoWi" bei ** c_b gk_d_[djei fei_Xb[ [nYWhY[bWY_ÂŒd$ ZÂŒbWh[i feh bW cWdkj[dY_ÂŒd Z[b ^_`e gk[ fheYh[ÂŒ Yed bW f[h_eZ_i# #, -" jW hWZ_Wb BebW F|hWce$ BW Z[cWdZW feh fWj[hd_ZWZ o BW Z[cWdZW \k[ _dj[hfk[ijW Wb_c[djei fbWdj[WZW feh BebW [d i[fj_[cXh[ Z[b (&&* o [d [b F|hWce" jWcX_ƒd f[h_eZ_ijW" gk[ [b Yeckd_YWZeh Z[X[h‡W YWd# ZWjW Z[iZ[ ^WY[ , W‹ei$ Y[bWh +&& ZÂŒbWh[i feh c[i Z[iZ[ B[d‡d >khjWZe" WXe]WZe [i[ W‹e$ Z[ F|hWce" cWd_\[ijÂŒ gk[ bW ;b fh[i[djWZeh \k[ Z[j[d_Ze Z[kZW i[ _d_Y_ÂŒ [d (&&*" f[he [d bei [nj[h_eh[i Z[ ik YWiW [d 7XWZ ÆW jhWlƒi Z[ iki WXe# Gk_je" fWhW bk[]e i[h jhWibWZW# ]WZei WYkZ_[hed W c‘bj_fb[i Ze W [ijW Y_kZWZ" W bW Feb_Y‡W @k# c[YWd_icei fWhW Z_bWjWh [nY[# Z_Y_Wb Z[b =kWoWi" l‡W j[hh[ijh[ i_lWc[dj[ [ij[ fheY[ie" f[he ƒb ^WY_W ZedZ[ bW Wkjeh_ZWZ Yec# dkdYW ^W gk[h_Ze ^WY[h dWZW f[j[dj[$ Wb h[if[YjeÇ$ 7XWZ bb[]ÂŒ W =kWoWgk_b" fW# Æxb WZ[kZW **$+&& ZÂŒbWh[i" iWZWi bWi '+0&& ^WijW bW Feb_Y‡W gk[ [i bW Yedi[Yk[dY_W Z[ de ^W# @kZ_Y_Wb fWhW kdW WkZ_[dY_W o X[h [djh[]WZe kd iebe Y[djWle ik feij[h_eh jhWifWie Wb 9[d# fWhW bW cWdkj[dY_ÂŒd Z[ ik ^_`eÇ" jhe Z[ H[^WX_b_jWY_ÂŒd IeY_Wb Z[ WYejÂŒ >khjWZe$ ?dZ_YÂŒ gk[ de i[ LWhed[i" i_d [cXWh]e [b fW]e jhWjW Z[ kdW f[hi[YkY_ÂŒd feb‡j_YW jejWb Z[ bW Z[kZW Z[`ÂŒ i_d [\[Yje i_de gk[ i[ jhWjWh Z[ fh[i[hlWh bei bW Xeb[jW Z[ Wfh[c_e$ _dj[h[i[i Z[b c[deh Z[ i_[j[ W‹ei$ ;b Whh[ije Z[b Yeckd_YWZeh BW h[ifk[ijW Z[b WXe]WZe YWkiÂŒ YedceY_ÂŒd" ieXh[ jeZe h[Y^WpW bW feijkhW gk[ Wikc[d [d bei c[Z_ei [ijWjWb[i gk[ bei Z[\[dieh[i Z[ 7XWZ gk[ de gk[h‡Wd f[hZ[hi[ d_d]‘d ^Wd YWb_\_YWZe kd `k_Y_e feh Z[jWbb[ ieXh[ [ijW Wfh[di_ÂŒd$ Wb_c[djei Yece kd ^[Y^e Z[ =WcW Jl" J9#JL" ;YkWZeh f[hi[YkY_ÂŒd feb‡j_YW" f[he Wo[h Jl" 9D#Fbki" HWZ_e F‘Xb_YW" [b `kh_ijW YedĂ’ hcÂŒ W [ij[ c[# ;b 9_kZWZWde" ;b J[bƒ]hW\e o Z_e gk[ 7XWZ fW]ÂŒ bW jejWb_ZWZ F[f[" i[ Yed\kdZ_[hed [djh[ Z[ bW YkWdj‡W gk[ [i Z[ **$+&& bei c[Z_ei Z[ fh[diW fh_lWZei ZÂŒbWh[i$
Ŋš ;b f[h_eZ_ijW o fh[#
, . '# (.)ŋ #- ,#'#( .),#)ŋ )(ŋ).,)-ŋ*)&# v } ēŊ +Ŋ, 8.1Ŋ ("#+Ŋ 1 4).Ŋ2#Ŋ' 1~ Ŋ!.,4-(! ".Ŋ3#+#$¢-(! ,#-3#Ŋ!.-Ŋ#+Ŋ! /(3;-Ŋ 4#-3#2Ŋ#+ŊĊćĹ ē
+ , " 2ĹŠ"#ĹŠ 1 4).ĹŠ!.-ĹŠ#+ĹŠ! /(3;-ĹŠ 4#-3#2ĹŠ++#5 -ĹŠ +ĹŠ -04(++.ĹŠ"#ĹŠ+.2ĹŠ !42 ".2Ä“ Feh [b ^[Y^e Z[ i[h c_[cXhe WYj_le Z[ bW Feb_Y‡W DWY_edWb" [b YWf_j|d =[elWddo <k[dj[i <be# h[i Ykcfb_ÂŒ Yed bei h[gk_i_jei Z[ WhhW_]e ieY_Wb o bWXehWb [ijWXb[" o [b Ă’ iYWb @eiƒ @_cƒd[p i[ WXijkle Z[ f[Z_h bW fh_i_ÂŒd fh[l[dj_lW fWhW [ij[ eĂ’ Y_Wb" gk[ \k[ l_dYkbW# Ze W bW _dijhkYY_ÂŒd gk[ _dl[ij_]W [b ikfk[ije Z[b_je Z[ _dY_jWY_ÂŒd W bW h[X[b_ÂŒd Yece Yedi[Yk[dY_W Z[ bei ^[Y^ei Z[b )&#I$ I[]‘d [b h[fh[i[djWdj[ Z[ bW <_iYWb‡W o bei [b[c[djei gk[ \k[hed [nfk[ijei [d WkZ_[dY_W f‘Xb_YW" Z[b fWiWZe c_ƒhYeb[i + Z[ [d[he Z[ (&'&" ^Wo _dZ_Y_ei ikĂ’ Y_[dj[i Z[ bW [n_ij[dY_W Z[ kd Z[b_je Z[ WYY_ÂŒd f‘Xb_YW o gk[ [b W^ehW fheY[iWZe feZh‡W i[h [b Wkjeh$ ;d [ijW eYWi_ÂŒd o f[i[ W gk[ [b Z[b_je _dl[ij_]WZe [ij| h[fh_c_Ze Yed kdW f[dW ikf[h_eh W kd W‹e" [b Ă’ iYWb @eiƒ @_cƒd[p Wh]kc[djÂŒ
gk[ de i[ Ykcfb[d Yed bei h[gk_# i_jei Z[b 7hj$ ',- Z[b 9ÂŒZ_]e Z[ FheY[Z_c_[dje F[dWb o Z[ WYk[h# Ze W bW 9edij_jkY_ÂŒd" [d bW gk[ i[ _dZ_YW gk[ bW fh_i_ÂŒd fh[l[dj_lW [i Z[ YWh|Yj[h [nY[fY_edWb" i[ WXij_[d[ Z[ ieb_Y_jWh bW fh_i_ÂŒd fh[l[dj_lW fWhW [b fheY[iWZe$ #"(".ĹŠ"#+ĹŠ (2! +
;b `k[p :ƒY_ce 9kWhje Z[ =W# hWdj‡Wi F[dWb[i Z[ F_Y^_dY^W" B[edWhZe J_f|d" WY[fjŒ [b f[# Z_Ze Z[b <_iYWb Z[ bW YWkiW feh YkWdje [b e\_Y_Wb =[elWddo <k[dj[i" Yece c_[cXhe WYj_le Z[ bW Feb_Y‡W" j_[d[ WhhW_]e ie# Y_Wb o bWXehWb [ijWXb[" feh be gk[ ikij_jko[ bW fh_i_Œd fh[l[dj_lW feh bWi c[Z_ZWi Wbj[hdWj_lWi Z[ fh[i[djWhi[ YWZW eY^e Z‡Wi [d [ijW `kZ_YWjkhW o bW fhe^_X_Y_Œd Z[ iWb_ZW Z[b fW‡i$ :khWdj[ bWi _dl[ij_]WY_ed[i gk[ WZ[bWdjW bW <_iYWb‡W" i[ ^W
#%ĂŒ-ĹŠ#+ĹŠ 13Ä“ĹŠÄˆÄŒÄ? -!(2.ĹŠÄˆĹŠ"#+ĹŠ ¢"(%.ĹŠ #- +
ĹŠ ĹŠ(-!(3 !(¢-ĹŠ ĹŠ+ ĹŠ1# #+(¢-ĹŠ.ĹŠ(-"(2!(/+(- ĹŠ Ĺ—#-ĹŠ+ ĹŠ 4#19 ĹŠ ĂŒ +(! ĔŊ/1.5.! " ĹŠ/.1ĹŠ/ 13#ĹŠ
"#ĹŠ4- ĹŠ.ĹŠ,;2ĹŠ/#12.- 2ĔŊ#2ĹŠ2 -!(.- " ĹŠ !.-ĹŠ4- ĹŠ/#- ĹŠ"#ŊĉŊ ĹŠÄŽĹŠ  .2ĹŠ8ĹŠ4- ĹŠ,4+3 ĹŠ"#ĹŠ ĈÄ?ĹŠ ĹŠÄŒÄŒĹŠ"¢+ 1#2Ä“ĹŠ .2ĹŠ 43.1#2ĹŠ"#ĹŠ3#-3 3(5 ĹŠ 24$1(1;-ĹŠ4- ŊŸ/#- ĹŠ"#ĹŠ4-.ĹŠ ĹŠ".2ĹŠ3#1!(.2ĹŠ"#ĹŠ + ĹŠ04#ĹŠ2#ĹŠ+#2ĹŠ' 1~ ĹŠ(,/4#23.ĹŠ2(ĹŠ#+ĹŠ"#+(3.ĹŠ2#ĹŠ '4 (#2#ĹŠ!.-24, ".Ä“Ä“Ä“
feZ_Ze Z[ceijhWh gk[ [b )&#I" [b cWoeh <_Z[b 7hWk`e" fheY[iW# Ze feh [b fh[ikdje Z[b_je Z[ _d# Y_jWY_ÂŒd W bW h[X[b_ÂŒd" i[ ^WXh‡W Yeckd_YWZe j[b[\ÂŒd_YWc[dj[ Yed [b YWf_j|d <k[dj[i" Yed gk_[d cWdj[d‡Wd Wb]‘d ]hWZe Z[ Wc_ijWZ feh i[h [b fh_c[he _dijhkYjeh c_b_jWh Z[b i[]kdZe YkWdZe ƒij[ i[]k‡W kd Ykhie Z[ ;ijWZe CWoeh [d [b 9eb[]_e C_b_jWh ;beo 7b\Whe$ ;b Ă’ iYWb @_# cƒd[p fh[ikc[ gk[" W jhWlƒi Z[ bWi bbWcWZWi j[b[\ÂŒd_YWi" [b cWoeh 7hWk`e [ijWXW YeehZ_# dWdZe WYY_ed[i Yed [b YWf_j|d <k[dj[i j[dZ_[dj[i W bW _dY_# jWY_ÂŒd Z[ bei feb_Y‡Wi o Y_l_b[i fWhW jWb[i ^[Y^ei$
,#()-ŋ*, -)-ŋ*),ŋ - &.) ěŊ :ei cWh_dei [d i[h#
l_Y_e WYj_le \k[hed Z[j[d_Zei o WYkiWZei Z[ heXe [d C_bW]he" W kd Yec[hY_Wdj[$ ÆI[ jhWjW Z[b YWXe i[]kdZe <h[ZZo NWl_[h L_dk[pW B[ÂŒd o [b YWXe i[]kdZe >[dho @e[b C|hgk[p >[hd|d# Z[pÇ" _d\ehcÂŒ bW Feb_Y‡W$ ;b fh_# c[he f[hj[d[Y[ Wb Z[ijWYWc[dje
=[d[hWb <Wh\|d Z[ BW]e 7]h_e o [b ejhe Wb XWjWbbÂŒd IWd ;ZkWhZe Z[ =kWoWgk_b$ BW l‡Yj_cW" _Z[dj_Ă’ YWZW Yece 9^h_ij_Wd @Wl_[h Pkh_jW Ceh[_hW" ieb_Y_jÂŒ [b i[hl_Y_e Z[ kd jWn_ijW fWhW i[h bb[lWZe ^WijW kd ^ej[b" f[he bei fh[ikdjei Wdj_ieY_Wb[i be jhWibWZWhed ^WijW ejhe fkdje
Z[ bW Y_kZWZ fWhW Wc[Zh[djWh# be$ Bei WYkiWZei WYjkWXWd Yed >kcX[hje @Wl_[h Lƒb[p @khWZe" @e[o C_]k[b Jehhh[i L_dY[i o H_# YWhZe CWdk[b C_hWdZW 7hY[" o i[ ^WX‡Wd ikijhW‡Ze (+ `[Wd[i" (& fWh[i Z[ pWfWjei YWikWb[i" '& YW# c_i[jWi" kd Y[bkbWh o '+& ZŒbWh[i [d [\[Yj_le$
4"(#-!( 2ĹŠ$ ++(" 2
)3ąŋ &ŋð- &ŋ #-.,#. &ŋ ŋ # "#( " ąŋ , )ŋ , #, ŋ3ŋ'# 'Ě ,)-ŋ &ŋ )(- $)ŋ ŋ& ŋ / # ./, ŋ,  ,6(ŋ/( ŋ, /(#š(ŋ * , ŋ" & ,ŋ-) , ŋ& -ŋ / # ( # -ŋ &&# -ŋ3ŋ*& (. ,ŋ*)-# & -ŋ -)&/ #)( -ŋ-) , ŋ& -ŋ' # -ŋ+/ ŋ.)' ,6(Ą
)-ŋ, *, - (. (. -ŋ ŋ& -ŋ#(-.#./ #)( -ŋ,  ,)(ŋ, /(#)( -ŋ (ŋ v -ŋ* - )-ŋ* , ŋ (  ,ŋ - ŋ-#./ #š(Ąŋ
1!' ĹŠ/.1ĹŠ+ ĹŠ)423(!(
8#1ĔŊ5 1( 2Ŋ"#Ŋ+ 2Ŋ5~!3(, 2Ŋ"#Ŋ+ Ŋ /+(! !(¢-Ŋ$ ++(" Ŋ"#Ŋ+ Ŋ)423(!( Ŋ#,/1#-"(#1.-Ŋ 4- Ŋ, 1!' Ŋ' !( Ŋ#+Ŋ .-2#).Ŋ !(.- +Ŋ"#Ŋ+ Ŋ 4"(! 341 ĔŊ".-"#Ŋ/1.3 %.-(9 Ĺ 1.-ŊŊ4-Ŋ/+ -3¢-ēŊ ("#-Ŋ %(+(" "Ŋ8Ŋ31 -2/ 1#-!( Ŋ# -Ŋ+ Ŋ2.+4!(¢-Ŋ"#Ŋ+.2Ŋ! 2.2ēŊ 1~ Ŋ "(++ Ŋ-.Ŋ/4#"#Ŋ.!4+3 1Ŋ24Ŋ(,/.3#-!( ĔŊ' !#Ŋ! 2(Ŋ".2Ŋ  .2Ŋ24Ŋ'() Ŋ 1~ Ŋ -3.-(#3 Ŋ +Ŋ2 +(1Ŋ"#+Ŋ -!.Ŋ"#Ŋ!. 1 1Ŋ4-Ŋ!'#04#Ŋ$4#Ŋ 2#2(- " ēŊŊŊŊ
ĹŠ5#12(¢-ĹŠ"#+ĹŠ 1#2("#-3# ĹŠĹŠ +ĹŠ/1#2("#-3#ĹŠ $ #+ĹŠ .11# ĹŠ"().Ä–ĹŠ Ĺ—ÄĄ .ĹŠ04#ĹŠ/ 2 ĹŠ#2ĹŠ04#ĹŠ3#-#,.2ĹŠ4- ĹŠ 41%4#2~ ĹŠ04#ĔŊ/.1ĹŠ' !#1ĹŠ"  .ĹŠ +ĹŠ . (#1-.ĔŊ31 3 ĹŠ"#ĹŠ#2! -" +(9 1ĹŠ 8ĹŠ"#!(1ĹŠ04#ĹŠ#+ĹŠ !4 ".1ĹŠ#2ĹŠ/1#2 ĹŠ "#ĹŠ+.2ĹŠ- 1!.31 ă! -3#2Ä“ĹŠ 2.ĹŠ-.ĹŠ #2ĹŠ5#1" "Ä“ĹŠ 4#231 ĹŠ .+(!~ ĹŠ#2ĹŠ+ ĹŠ ,;2ĹŠ#7(3.2 ĹŠ"#+ĹŠ!.-3(-#-3#ĹŠ#-ĹŠ ! /341 ĹŠ"#ĹŠ"1.% Ä“ĹŠ +ĹŠ !4 ".1ĹŠ-.ĹŠ #2ĹŠ/1."4!3.1ĹŠ"#ĹŠ"1.% ĔŊ8ĹŠ#2.ĹŠ04#ĹŠ #23 ,.2ĹŠ#-ĹŠ,#"(.ĹŠ"#ĹŠ".2ĹŠ"#ĹŠ+.2ĹŠ / ~2#2ĹŠ/1."4!3.1#2ĹŠ,;2ĹŠ%1 -"#2ĹŠ "#+ĹŠ,4-".ĔŊ#+ĹŠ #1ĂŒĹŠ8ĹŠ .+., ( Ģē
#"(".2ĹŠĹŠ "#ĹŠ! /341 ĹŠ ĹŠĹŠ ĹŠ"#-4-!( ĹŠ(-!+48#ĹŠ/#"(".2ĹŠ Ĺ—"#ĹŠ! /341 ĹŠ!.-31 ĹŠÄ‰ÄˆĹŠ/#12.- 2ĹŠ
Ä“ĹŠ +ĹŠ! 13#+ĹŠ"#ĹŠ _7(!.ĹŠ#23;ĹŠ, -#) -".ĹŠ+.2ĹŠ/4#13.2ĹŠ"#ĹŠ !4 ".1ĹŠ8ĹŠ #1ĂŒÄ”ĹŠ2#%ĂŒ-ĹŠ"( 1(.ĹŠ #/ĂŒ +(! ĹŠ"#+ĹŠ5#!(-.ĹŠ/ ~2Ä“
"#ĹŠ- !(.- +(" "ĹŠ!.+., ( - ĔŊ #!4 3.1( - ĹŠ8ĹŠ/#14 - ĔŊ/.1ĹŠ+.2ĹŠ /1#24-3.2ĹŠ"#+(3.2ĹŠ"#ĹŠ31;ă!.ĹŠ"#ĹŠ "1.% 2ĔŊ3#-#-!( ĹŠ(+#% +ĹŠ"#ĹŠ 1, 2ĹŠ 8ĹŠ,4-(!(¢-ĹŠ"#ĹŠ%4#11 ĔŊ8ĹŠ$ +2(ă! Äą !(¢-ĹŠ"#ĹŠ".!4,#-3.2Ä“
ĹŠ -" ĹŠ!4#-3 ĔŊ "#,;2ĔŊ!.-ĹŠ 4-ĹŠ!.-3(-%#-3#ĹŠ 1, ".ĹŠ"#ĹŠ#-31#ĹŠ ÄŒÄ‡ĹŠ8ĹŠÄ?ćŊ/#12.- 2ĹŠ/1.5(23 2ĹŠ"#ĹŠ 1, 2ĹŠ"#ĹŠ+ 1%.ĹŠ +! -!#ĹŠÄą!.,.ĹŠ$4Äą 2(+#2ĹŠ ĔŊ ĊĔŊ +(+ĹĔŊ+ -9 ĹŠ%1 - Äą " 2ĔŊ%1 - " 2ĹŠ"#ĹŠ, -.ĹŠ8ĹŠ#04(/.2ĹŠ "#ĹŠ!.,4-(! !(¢-ĹŠ2 3#+(3 +Ä“
,. &Ĺ‹ Ĺ‹ #( &) Ĺ‹ 2.# ( Ĺ‹Ĺ‹ -/-Ĺ‹. (.6 /&)-Ĺ‹ &Ĺ‹ / ),Ĺ‹
.2_Ŋ "#+$.-2.Ŋ 1(!# .Ŋ .11#2Ŋ8Ŋ 4(2Ŋ -3.-(.Ŋ 1(!# .Ŋ .11#2Ŋ$4#1.-Ŋ"#3#-(Ĺ ".2Ŋ#-Ŋ#+Ŋ !4 ".1ē Ĺ ĔŊ Ĺ Ŋ ŊěŊ BW [n_i#
j[dY_W Z[ kd XhWpe WhcWZe Z[b YWhj[b c[n_YWde Z[ I_dWbeW [d ;YkWZeh o F[h‘" Z[dkdY_WZW [d B_cW feh bW Ă’iYWb‡W Wdj_Zhe]Wi" [i f[hY_X_ZW Yece kdW [jWfW ^W# Y_W bW _cfbWdjWY_ÂŒd Z[ [iW eh]W# d_pWY_ÂŒd Yh_c_dWb [d [b h[ije Z[ 7cƒh_YW Z[b Ikh$ Kd ef[hWj_le Wdj_Zhe]Wi i_# ckbj|d[e Z[ bWi Feb_Y‡Wi [YkW# jeh_WdW o f[hkWdW" Be`W ikh Z[ ;YkWZeh o [d 7oWXWYW dehj[ Z[ F[h‘" h[if[Yj_lWc[dj[" fkie XW`e h[Ă“[Yjeh[i W [i[ XhWpe WhcWZe Z[ Zei YWX[pWi ieif[Y^eie Z[ ^WX[h Wi[i_dWZe W (* feb_Y‡Wi o Y_l_b[i [d F[h‘$ BW _d\ehcWY_ÂŒd i[ Ă’bjhÂŒ W bW fh[diW [b + Z[ [d[he" f[he bW WY#
Y_ÂŒd feb_Y_Wb [d WcXei fW‡i[i i[ h[Wb_pÂŒ [b '( Z[ del_[cXh[ fWiW# Ze" i[]‘d Z_`e kdW \k[dj[ Z[ bW 9kWhjW <_iYWb‡W YedjhW [b 9h_c[d Eh]Wd_pWZe Z[ F[h‘$ BW Ă’iYWb Wdj_dWhYÂŒj_Yei <WX_e# bW =WbbWhZe [nfb_YÂŒ gk[ HkXƒd :Wh‡e 9Wijhe =ÂŒc[p" W gk_[d bW dejW be c[dY_edW Yece kd YWfe Z[b YWhj[b gk[ cWdZWXW Z[iZ[ =kWoWgk_b" [ij| fh[ie f[he XW`e ejhW _Z[dj_ZWZ$ H[YehZÂŒ gk[ [ij[ ik`[je \k[ Z[j[d_Ze [d del_[cXh[ fWiWZe YkWdZe fWi[WXW [d kd Y[djhe Yec[hY_Wb Z[ =kWoWgk_b$ 7]h[]ÂŒ gk[ bk[]e Z[ ^WY[h kd WbbWdWc_[dje [d bW YWiW Z[ 9Wijhe i[ [dYedjhWhed Zei YƒZkbWi" kdW Yed [b decXh[ Z[ HkXƒd @WhWc_# bbe F_dje" Z[ dWY_edWb_ZWZ Yebec#
(3(.2ĹŠ!.,.ĹŠ 4 8 04(+ĔŊ -3 ĔŊ 4#13.ĹŠ .+~5 1ĹŠ #-ĹŠ !4 ".1ĔŊ8ĹŠ (3 ĹŠ8ĹŠ '(, .3#ĹŠ#-ĹŠ #1ĂŒĹŠ3(#-#-ĹŠ4- ĹŠ (,/.13 -!( ĹŠ#231 3_%(! ĹŠ/ 1 ĹŠ #+ĹŠ- 1!.31;ă!.Ģē ĹŠ ÂĄ ĔŊ ÂĄ Ä“
X_WdW" o ejhW Yece @WYaied BkYWi H_l[hW" eh_kdZe Z[ ;YkWZeh$ 23 ĹŠ#-ĹŠ!;1!#+
FWjh_Y_e 9k[lW" Ă’iYWb Z[ Be`W" i[‹WbÂŒ gk[ [b eh]Wd_ice WXh_ÂŒ ÆkdW _dijhkYY_ÂŒd Ă’iYWb [d YedjhW Z[ lWh_ei _cfkjWZei" [djh[ [bbei Zei f[hiedWi eh_kdZWi Z[ 9Wh_W# cWd]W" Z[ Wf[bb_Ze 8h_Y[‹eÇ$ BW Feb_Y‡W Z_`e gk[ @eiƒ ?Z[b# \edie 8h_Y[‹e Jehh[i o Bk_i 7d# jed_e 8h_Y[‹e Jehh[i \k[hed Z[# j[d_Zei [d [b ;YkWZeh$ @e[b BeWopW" `[\[ Z[b 9kWh# je :_ijh_je Z[ bW Feb_Y‡W" Z[jWbbÂŒ gk[ [d [b c[dY_edWZe ef[hWj_le
1.% 2 +ĹŠ-#%.!(.
ĹŠ +ĹŠÄ?Ä‡Ĺ˜ĹŠ"#+ĹŠ-#%.!(.ĹŠ+.ĹŠ, -#) ĹŠ#+ĹŠ 13#+ĹŠ Ĺ—"#ĹŠ (- +. ĔŊ2#%4(".ĹŠ/.1ĹŠ#+ĹŠ 13#+ĹŠ"#+ĹŠ .+$.ĹŠ
Ĺ? ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä Ĺ?
Ĺ? +. ÄŒĹ?
Ć
)3Ĺ‹. , ,Ĺ‹ #(. (.)Ćŋŋ- Ĺ‹ $/4! Ĺ‹ Ĺ‹Ä’., ! Ĺ‹ " +/ -Ä“ BW 9ehj[ DWY_edWb Z[ @kij_Y_W i[h| ^eo [b [iY[dWh_e Z[ bW WkZ_[dY_W Z[ `kp]Wc_[dje [d YedjhW Z[ <[hdWdZe Ceh[de L_WdW o ik [ifeiW" HeiWb‡W >[hd|dZ[p ;Y^[l[hh_" [d [b fheY[ie gk[ _dl[ij_]W kd fh[# ikdje bWlWZe Z[ WYj_lei$ xij[ `k_Y_e i[ _d_Y_ÂŒ _c# fkjWdZe Yece fh_dY_fWb ieif[Y^eie Wb [n c_d_ijhe Z[ :[fehj[i" HW‘b 9Whh_ÂŒd" gk_[d \k[ ieXh[i[‡Ze Z[\_# d_j_lWc[dj[" Wkdgk[ j_[d[d ejhei fheY[iei [d ik YedjhW [d bW c_icW 9ehj[ DWY_edWb Z[ @kij_Y_W$ <[hdWdZe Ceh[de" gk_[d i[ Z[i[cf[‹WXW Yece Wi[ieh Z[b [n C_d_ijhe Z[ :[fehj[i" [ij| bbWcWZe W `k_Y_e [d YW# b_ZWZ Z[ Wkjeh Z[b Z[b_je Z[ bWlWZe Z[ WYj_lei1 o" [d jWdje gk[" ik [ifeiW" HeiWb‡W >[h# d|dZ[p" [ij| bbWcWZW [d YWb_# ZWZ Z[ [dYkXh_ZehW Z[b c_i# ce Z[b_je$ ;d [b fheY[ie i[ fk[Z[ Wfh[Y_Wh gk[ W <[hdWdZe Ceh[de i[ b[ [dYedjhÂŒ [d ik feZ[h Z_d[he [\[Yj_le feh ''$*&& ZÂŒbWh[i [d kdW YWhj[# hW o bW ikcW Z[ **$-&& ZÂŒ# bWh[i [d [b fehjWcWb[jWi Z[b l[^‡Ykbe" ZWdZe kd jejWb Z[ +&$'&& ZÂŒbWh[i" o ejhei Ze# Ykc[djei" jWb[i Yece Y^[# gk[i [d XbWdYe o [d Wb]kdei YWiei [d Yef_Wi i_cfb[i" kdW YecfkjWZehW fehj|j_b gk[ Yedj[d‡W _d\ehcWY_ÂŒd Yed# Ă’Z[dY_Wb" [djh[ ejhei ZeYk# c[djei$ ;d bWi _dl[ij_]WY_ed[i i[ bb[]ÂŒ W [ijWXb[Y[h gk[ HeiWb‡W >[hd|dZ[p ;Y^[l[hho fh[ijÂŒ iki [cfh[iWi ?cfhe^[hiW o F^ed[iW I$ 7$ fWhW gk[ bei Z_# d[hei _b‡Y_jWc[dj[ eXj[d_Zei i[Wd Z[fei_jWZei o i[ ^W]Wd [\[Yj_le$
8ĹŠ#+ĹŠ 13#+ĹŠ"#ĹŠ ()4 - ĔŊ04#ĹŠ !3ĂŒ -ĹŠ!.-ĹŠ /.8.ĹŠ"#ĹŠ2.!(.2ĹŠ/#14 -.2ĹŠ8ĹŠ!.+., ( -.2Ä“
ĹŠ ĹŠ .+(!~ ĹŠ#23(, ĹŠ04#ĹŠ#+ĹŠÄ‘Ä‡Ĺ˜ĹŠ"#ĹŠ+ ĹŠ Ĺ—!.! ~- ĹŠ04#ĹŠ, -#) -ĹŠ+.2ĹŠ,#7(! -.2ĹŠ2 +#ĹŠ "#ĹŠ/4#13.2ĹŠ/#14 -.2ĹŠ14, .ĹŠ ĹŠ _7(!.ĹŠ 8ĹŠ #-31. ,_1(! ĹŠ/ 1 ĹŠ"#ĹŠ '~ĹŠ2#%4(1ĹŠ ĹŠ 23 ".2ĹŠ -(".2ĔŊ 41./ ĹŠ8ĹŠ $1(! Ä“
^kXe i_[j[ WbbWdWc_[djei gk[ i[ Z_[hed [d bWi fhel_dY_Wi Z[b =kWoWi o Be`W$ KdW \k[dj[ Z[ bW f[hkWdW 9kWhjW <_iYWb‡W YedjhW [b 9h_# c[d Eh]Wd_pWZe Z_`e gk[ bW eh# ]Wd_pWY_ÂŒd Yh_c_dWb [i Z_h_]_ZW [d ;YkWZeh feh [b YebecX_Wde HkXƒd 9Wijhe =ÂŒc[p" YedeY_Ze Yece Ăˆ=ehZeÉ" Z[iZ[ =kWoWgk_b o 9Wh_WcWd]W$
Ä“ĹŠ ĂŒ+ĹŠ 11(¢-ĔŊŊ#7ĹŠ,(-(231.ĔŊ 2. 1#2#~".Ä“
# . Ĺ‹ (. 0)-Ĺ‹ / -. Ĺ‹" ,Ĺ‹/(Ĺ‹* (
ć
ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
.Ŋ(-!+48#Ŋ+ Ŋ , -.Ŋ"#Ŋ. 1 ĔŊ 11(#-".ĔŊ-(Ŋ#+Ŋ , -3#-(,(#-3.Ŋ "#+Ŋ+.! +ē
ÂĄ Ä“ĹŠ +ĹŠ/1#!(.ĹŠ.ÄƒĹŠ!( +ĹŠ"#ĹŠÄˆÄ‡ĹŠ!#-3 5.2ĹŠ04#" ĹŠ!.13.ĹŠ/ 1 ĹŠ#+ĹŠ!.23.ĹŠ3.3 +Ä“
I_[j[ Y[djWlei Yk[ijW ^WY[h kd fWd fefkbWh" i_d Yed# jWh Yed cWde Z[ eXhW" fW]e Z[ Whh_[dZe" d_ ]WdWdY_Wi$ ;b fh[Y_e eĂ’ Y_Wb Z[ '& Y[d# jWlei gk[ZW Yehje fWhW [b Yeije jejWb gk[ _cfb_YW fhe# ZkY_h kde fehgk[ Wf[dWi gk[ZWd ) Y[djWlei fWhW ieb# l[djWh bei ejhei ]Wijei Z[ fheZkYY_ÂŒd$ FWhW YecfheXWh i_ [i `ki# je [b Wkc[dje Z[b fh[Y_e eĂ’ # Y_Wb Z[b fWd fefkbWh gk[ [n_# ][d bei fWdWZ[hei fehgk[ bW ^Wh_dW ikX_ÂŒ [ij[ :_Wh_e ^_pe bei Y|bYkbei Z[ ÂľYk|dje Yk[i# jW ^WY[h kde5 -24,.2
8:&-0/ . XX
CFJ I@FJ
@D989LI8
HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef ()+, 8C ()+. [\ cX :kX% :k\% Ef% *)/(/(+/'+ g\ik\e\Z`\ek\ X 8E;I8DLE@F D8EFJ8C$ M8J# CL@J$=<IE8E;F [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\e$ kif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ ( XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef (,0 [\ cX :kX% :k\% Ef% *+,++--.'+ g\ik\e\Z`\ek\ X >L<M8I8 I F ; I @ > L < Q #> 8 CF $ ;8M @ ; [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\$ i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ ) XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef /-/ mXcfi (0(#/( [\ cX :kX% :k\% Ef% *(',-.0.'+ g\ik\e\Z`\ek\ X IL8C<J :8C;<IFE# D<I$ :<;<J$;< CFLI;<J [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\e$ kif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ * XX
C8K8:LE>8
HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef .*( 8C .0' [\ cX :kX% :k\% Ef% *'(-('-0'+ g\ik\e\Z`\ek\ X >L8EF :I@FCCF# J<>LE;F$ I@:8I;F [\c 9XeZf G`$ Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ + XX
CFA8
HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef ,)( 8C ,,' [\ cX :kX% :k\% Ef% **0*,.))'+ g\ik\e\Z`\ek\ X >L8D8E >L8CG8# IFJ<D8$ IP$@J89<C [\c 9XeZf G`$ Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ , XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef +)+ [\ cX :kX% :k\% Ef% *+)*./(/'+ g\ik\e\Z`\ek\ X KFII<J C@KLD8#C@E;8$8EKFE@<K8 M@:<EK8 [\c 9XeZf G`Z_`e$ Z_X% Hl`\e k\e^X [\i\Z_f [\$ Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ - XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef (-( 8C ))' [\ cX :kX% :k\% Ef% *+.*(/-('+ g\ik\e\Z`\ek\ X M@CC8 IFD<IF#:8ICFJ$ 8C9<IKF [\c 9XeZf G`$ Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e%
HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef (+0 mXcfi *.#(* [\ cX :kX% :k\% Ef% *+,0.'+('+ g\ik\e\$ Z`\ek\ X J8E:?<Q 8E:?LE$ ;@8# :8ICFJ$8C9<IKF [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\e$ kif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ / XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef )', [\ cX :kX% :k\% Ef% *+..*)0('+ g\ik\e\Z`\ek\ X GLI:8:?@ >8I:@8#A<==<IJFE$I8=8<C [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\$ i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ 0 XX 444444 HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef )*-, 8C )*0+ [\ cX :kX% :k\% Ef% *(.)'.*''+ g\ik\e\Z`\ek\ X G<I<Q 8C;8J# :<J8I$8C=I<$ ;F [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`$ ZXZ`�e% 8:&-0/ (' XX 444444 HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef )*0, 8C )+'' [\ cX :kX% :k\% Ef% *(.)'.*''+ g\ik\e\Z`\ek\ X G<I<Q 8C;8J# :<J8I$8C=I<$ ;F [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`$ ZXZ`�e% 8:&-0/ (( XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef (--0 mXcfi +'#'' [\ cX :kX% :k\% Ef% **0'-+(('+ g\ik\e\Z`\ek\ X EF>L<I8 M8C8I<QF#D8I@8$>89I@<C8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\$ i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ () XX
D8E89@
HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef ()) 8C (*' [\ cX :kX% :k\% Ef% *+-/0-..'+ g\ik\e\Z`\ek\ X G<E8=@<C 8E;I8;<#C@E8$A8$ ?8@I8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`$ ZXZ`�e% 8:&-0/ (* XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef (,-) mXcfi +'*#'' [\ cX :kX% :k\% Ef% *(,+-+'+'+ g\ik\e\Z`\ek\ X ;< C8 KFII< 8C:@M8I# I<E<$A8:@EKF [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\$ i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ (+ XX
J8EKF ;FD@E>F
HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef *.)+ [\ cX :kX% :k\% Ef% *(-+./','+ g\ik\e\Z`\ek\ X C<FE :8JK@CCF# =89I@:@F$
I<E8KF [\c 9XeZf G`$ Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ (, XX 444444 HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef *.)' [\ cX :kX% :k\% Ef% *(-+./','+ g\ik\e\Z`\ek\ X C<FE :8J$ K@CCF# =89I@:@F$I<E8KF [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\$ i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ (- XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef *()) mXcfi ,.#'' [\ cX :kX% :k\% Ef% *(-()0','+ g\ik\e\Z`\ek\ X ?8I9 :FI;<$ IF# :I@JK@E8$;<C :8ID<E [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\$ i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ (. XX
KLE>LI8?L8
HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef ()-'( mXcfi 0'#'' [\ cX :kX% :k\% Ef% *(+//*0)'+ g\ik\e\Z`\ek\ X :FFG<I8K@M8 ;< KI8EJGFIK<J P KLI@J$ DF 98E [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`$ ZXZ`�e% 8:&-0/ (/ XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef /)/$/+, 8C /+. [\ cX :kX% :k\% Ef% **-')-/('+ g\ik\e\Z`\ek\ X >L<M8I8 :<JG<;<J#8C98$ :<:@C@8 [\c 9XeZf G`Z_`e$ Z_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ (0 XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef -0/ [\ cX :kX% :k\% Ef% *+)),')+'+ g\ik\e\Z`\ek\ X :8II@CCF 8E$ ;I8;<# E8E:P$;<C :8ID<E [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\$ i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ )' XX 444444 HL<;8 8ELC8;F Gfi g„i[`[X [\c :_\hl\ Ef (-+' [\ cX :kX% :k\% Ef% *(+0*/(+'+ g\ik\e\Z`\ek\ X D8PFI>8 9L<E8EF# 8E8$ CL:@8 [\c 9XeZf G`Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`$ ZXZ`�e% 8:&-0/ )( XX 444444 HL<;8 8ELC8;F Gfi IfYf [\c :_\hl\ Ef **( 8C +*' [\ cX :kX% :k\% Ef% **-)(.+0'+ g\ik\e\Z`\ek\ X M8I>8J M@CC8:I<J# 9FI$ D8E$I<E8E [\c 9XeZf G`$ Z_`eZ_X% Hl`\e k\e^X [\i\Z_f [\Y\i} i\ZcXdXi [\ekif [\ cfj -' [ˆXj gfjk\i`fi\j X cX ’ck`dX glYc`ZXZ`�e% 8:&-0/ )) XX 444444
9ed bW WokZW Z[ ;Zm_d Jhk`_# bbe" h[fh[i[djWdj[ Z[b ]h[c_e Z[ bWi fWd_\_YWZehWi Z[ F_# Y^_dY^W" i[ ^_pe bW Yk[djW$ BW ^Wh_dW [i bW fh_dY_fWb cWj[h_W fh_cW Z[b fWd" [b Y|bYkbe i[ h[Wb_pΠfeh gk_djWb Z[ ^Wh_dW" Z[b YkWb iWb[d '$(+& fWd[i$
.23.ĹŠ ĹŠ!.23. -ĹŠ/./4+ 1
-%1#"(#-3#ĹŠ8ĹŠ! -3(" "ĹŠ -ĹŠ04(-3 +ĹŠ"#ĹŠ' 1(- ĹŠ ÄŠÄ‘ĹŠ+( 1 2ĹŠ"#ĹŠ, -3#! ĹŠ - ĹŠ+( 1 ĹŠ"#ĹŠ2 +ĹŠ ÄˆÄ‡ĹŠ+( 1 2ĹŠ 9ĂŒ! 1ĹŠ ÄŠÄŽĹŠ'4#5.2ĹŠ ÄŒĹŠ/ 04#3#2ĹŠ+#5 "41 ĹŠ .3 +ĹŠĹŠ
5 +.1ĹŠ4-(3 1(.ĹŠ ĹŒĹŠÄŠÄ‘ĹŠ ĹŒĹŠÄ‡Ä“Ä’ÄŒĹŠ ĹŒĹŠÄ‡Ä“ÄŒÄŽĹŠĹŠ ĹŒĹŠÄ‡Ä“ÄŠÄŽĹŠ ĹŒĹŠÄ‡Ä“ÄˆÄˆĹŠ ĹŒĹŠÄˆÄ“Ä?ÄŽĹŠ ĹŠ
3.3 + ĹŒĹŠÄŠÄ‘ ĹŒĹŠÄŠÄŽÄ“Ä?ĉ ĹŒĹŠÄ‡Ä“ÄŒÄŽĹŠ ĹŒĹŠÄŠÄ“ÄŽÄ‡ ĹŒĹŠÄŠÄ“Ä‘ÄŽ ĹŒĹŠÄ? ĹŒĹŠÄ‘Ä‘Ä“ÄŽÄ‰
ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ (5("(".Ä–ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠÄˆÄ“Ä‰ÄŽÄ‡ĹŠ/ -#2 ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ .23.Ä–ĹŠ ćēćÄ?ĹŠ!Äľ4
FWhW jhWdi\ehcWh W [i[ gk_djWb [d bei '$(+& fWd[i i[ d[Y[i_jW0 ). b_XhWi Z[ cWdj[YW )+$-( ZÂŒbWh[i " kdW b_XhW Z[ iWb *+ Y[djWlei " '& b_XhWi Z[ Wp‘YWh )$+& ZÂŒbWh[i " )+ ^k[lei )$.+ ZÂŒbWh[i o YkWjhe fWgk[j[i Z[ b[lWZkhW Z[ +&& ]hW# cei - ZÂŒbWh[i $ BW ikcW Z[ bei Yeijei Z[ [ijei _d]h[Z_[dj[i l[h YkWZhe ZWd kd jejWb Z[ ..$+( ZÂŒbWh[i$ ;ie [i be gk[ Yk[ijW ^WY[h '$(+& fWd[i" gk[ Z_l_Z_Ze [djh[ YWZW kd_ZWZ ZWd Yece h[ikbjW# Ze0 - Y[djWlei Z[ ZÂŒbWh$ ;b cWh][d [djh[ [b Yeije Z[ bW cWj[h_W fh_cW gk[ i[ kiW fWhW ^WY[h kd fWd" [d [\[Yje" [i i_[j[ Y[djWlei$ Bei jh[i Y[djWlei gk[ ieXhWd Z[ bW l[djW Yed [b fh[Y_e eĂ’ Y_Wb" Z[iZ[ ^WY[ Zei W‹ei [i '& Y[djWlei$ >Wo gk[ h[fWh#
j_h [djh[ fW]e Z[ iWbWh_ei W bei [cfb[WZei Z[ kdW fWdWZ[h‡W" Whh_[dZe" cWdj[d_c_[dje Z[b beYWb o ]WdWdY_Wi$ ;b =eX_[hde Z_Y[ gk[ [b Wk# c[dje Z[b fh[Y_e Z[b fWd fe# fkbWh de fk[Z[ i[h c|i Z[ kd Y[djWle$ ;i Z[Y_h" i[h|d YkWjhe Y[djWlei fWhW bW h[fWhj_Y_ÂŒd Z[ bei ejhei Yeijei$ ;Zm_d =[hc[d" fhef_[jWh_e Z[ bW fWdWZ[h‡W C_ 8k[d FWd dehj[ Z[ Gk_je " _dZ_YÂŒ gk[ be c|i fheXWXb[ [i gk[ i[ XW`[ bW YWb_ZWZ Z[ bei fWd[i$ ÆCkY^ei efjWh|d feh fed[h c[dei ^k[lei" e b[lWZkhWÇ" Wde# jÂŒ =[hc[d$ ÆJeYWh| W bei fWdWZ[hei Yec# f[diWh bei Yeijei Z[ fheZkYY_ÂŒd [d bei ejhei j_fei Z[ fWd[i" gk[ j_[d[d lWbeh[i c|i WbjeiÇ" Z_`e$
)-Ĺ‹*, #)-Ĺ‹ , # ,)(Ĺ‹ (ŋýĄýýĿŋ (ŋŋßúÝú ;b (&'& Y[hhÂŒ Yed kdW _dĂ“ W# ied XWhWjei " i_de iÂŒbe c_Z[ bW Y_ÂŒd WdkWb Z[ )$)) $ ;ije i_]# j[dZ[dY_W Z[ Yh[Y_c_[dje" Z_`e$ BW _dĂ“ WY_ÂŒd Z[b fW‡i [d d_Ă’ YW gk[ bei fh[Y_ei Z[ bei X_[d[i o i[hl_Y_ei h[# ĹŠ (&'& \k[ bW c|i XW`W Z[ bW h[]_ÂŒd WdZ_dW$ ]_ijhWhed kd Yh[Y_c_[dje CWdjW" Be`W o Gk_# [d [i[ fehY[djW`[ ZkhWd# je \k[hed bWi Y_kZWZ[i j[ jeZe [b W‹e$ =kWoW# ĹŠ(-$+ !(¢-ĹŠ,("#ĹŠ #+ĹŠ!1#!(,(#-3.ĹŠ gk_b" CWY^WbW o 7cXWje "#ĹŠ+.2ĹŠ/1#!(.2ĹŠ"#ĹŠ gk[ fh[i[djWhed cW# oeh [ijWX_b_ZWZ [d bei \k[hed bWi Y_kZWZ[i Yed ĉĒĒŊ/1."4!3.2ĹŠ8ĹŠ 2#15(!(.2ĹŠ2#+#!Äą cWoeh _dYh[c[dje" i[# !(.- ".2ĹŠ/.1ĹŠ#+ĹŠ fh[Y_ei$ ;d jWdje gk[ Ä“ĹŠ #ĹŠ#23.2ĔŊ ]‘d [b ?dij_jkje DWY_edWb Ä?ÄŽĹŠ!.11#2/.-"#-ĹŠ =kWoWgk_b" CWY^WbW o 7cXWje \k[hed bWi gk[ Z[ ;ijWZ‡ij_YWi o 9[diei ĹŠ+ ĹŠ - 23 ĹŠ ,(+( 1ĹŠ ;2(! Ä“ĹŠĹŠ c|i \bkYjkWY_ed[i h[# ?D;9 $ 8ohed L_bbWY‡i" ]_ijhWhed$ j_jkbWh Z[ bW [dj_ZWZ" i[# ;d YkWdje W fheZkYjei" L_# ‹WbÂŒ gk[ j[d[h kdW _dĂ“ WY_ÂŒd Z[ ))$) Z[ck[ijhW gk[ [n_ij[ bbWY‡i _dZ_YÂŒ gk[ bei fheZkYjei Æ[ijWX_b_ZWZ [d [b Yh[Y_c_[dje gk[ c|i Yh[Y_c_[dje jkl_[hed Z[ bei fh[Y_ei$$$ j_[d[d kd _d# [d iki fh[Y_ei \k[hed0 [b febbe [d fh[iWi" fWfW o `WXÂŒd Z[ je# Yh[c[dje c|i b[djeÇ$ BW _dĂ“ WY_ÂŒd de c_Z[ [b d_l[b YWZeh$ F[he gk[" [d ][d[hWb" bW Z[ fh[Y_ei" [i Z[Y_h" [b Yeije [d YWj[]eh‡W Z[ X[X_ZWi WbYe^ÂŒb_# i‡ Z[ bei fheZkYjei i_ ied e de YWi o jWXWYei Yedjh_Xko[hed [d
 .ĹŠÄ‰Ä‡ÄˆÄˆĹŠ
-(!( ĹŠ!.-ĹŠ-4#5.2ĹŠ!.23.2 ĹŒĹŠÄŽÄŒÄŒÄ”Ä?ĉŊ#2ĹŠ#+ĹŠ!.23.ĹŠ"#ĹŠ+ ĹŠ - 23 ĹŠ Ĺ—ĹŠ ,(+( 1ĹŠ ;2(! Ä“
Ĺ—ĹŠĹŠĹŒĹŠÄŠÄ’Ä‡Ä“ÄˆÄ‡ĹŠ#2ĹŠ#+ĹŠ!.23.ĹŠ"#ĹŠ+ ĹŠ - 23 ĹŠ (3 +Ä“ ĹŒĹŠÄŒÄŒÄ‘ĹŠ#2ĹŠ#+ĹŠ(-%1#2.ĹŠ/1.,#"(.ĹŠ"#ĹŠ+.2ĹŠ Ĺ—ĹŠĹŠ '.% 1#2Ŋĸ!.-ĹŠÄˆÄ“Ä?ĹŠ/#1!#/3.1#2ĚŊ cWoeh fehY[djW`[ W bW _dĂ“ WY_ÂŒd WdkWb" b[ i_]k[ Wb_c[djei o X[X_# ZWi de WbYe^ÂŒb_YWi" fh[dZWi Z[ l[ij_h o pWfWjei" h[ijWkhWdj[i o ^ej[b[i$ ;d YkWdje W h[]_ÂŒd" [d bW 9ei# jW ^kXe c|i _dĂ“ WY_ÂŒd gk[ [d bW I_[hhW$ BW _dĂ“ WY_ÂŒd WdkWb WbYWd# pÂŒ )$+, [d [b fh_c[h YWie o [d [b i[]kdZe )$') $
&#.)-Ĺ‹#( ),'6.# )-Ĺ‹-#(Ĺ‹, -*/ -. Ĺ‹ Ĺ‹ ( ěŊ Bei Z[b_jei _d\eh# c|j_Yei i[ ^Wd ckbj_fb_YWZe [d bW fhel_dY_W Z[b =kWoWi$ :khWdj[ [b ‘bj_ce W‹e i[ Z[# dkdY_Whed Wbh[Z[Zeh Z[ '&& Z[ [ijei Z[b_jei" f[he de [n_i# j[ kd iebe i[dj[dY_WZe$ KdW `el[d Z[dkdY_ÂŒ gk[ ^WY[ kd c[i i[ f[hYWjÂŒ gk[ b[ \WbjW# XWd (&& ZÂŒbWh[i [d ik Yk[djW XWdYWh_W$ :_`e gk[ bei Z[b_dYk[dj[i ^WX‡Wd kiWZe ik Yk[djW fWhW ^WY[h h[YWh]Wi Z[ Y[bkbWh[i o" Wb h[YbWcWh [d [b XWdYe" i[
ceijhWhed Æiehfh[dZ_ZeiÇ$ Ejhe kikWh_e" @eh][ :ec[# d[Y^" [nfb_YÂŒ gk[ b[ iWYWhed Z_d[he Z[ ik Yk[djW W jhWlƒi Z[ kdW YW`[he Wkjec|j_Ye$ Æ>_# Y_[hed ZƒX_jei gk[ [d d_d]‘d cec[dje ^_Y[ d_ Wkjeh_YÂƒĂ‡" Yec[djÂŒ$ BW 7ieY_WY_ÂŒd Z[ 8WdYei j_[d[ kd 9ec_jƒ Z[ I[]kh_ZWZ o WZc_j[d gk[ ^Wo kdW dk[lW ceZWb_ZWZ Z[ heXei" ZedZ[ de ^WY[ \WbjW YbedWh bW jWh`[jW Z[b kikWh_e$ Æ;b c|i Yec‘d [i [b ĂˆĂ’ i^_d]É" ZedZ[ b[ cedjWd W bW
f|]_dW m[X Z[ kdW _dij_jkY_ÂŒd Ă’ dWdY_[hW kdW f|]_dW \WbiW$ 7Z# gk_[h[ bW _d\ehcWY_ÂŒd YkWdZe [b Yb_[dj[ c_ice b[i ZW bW _d\ehcW# Y_ÂŒdÇ" c[dY_edÂŒ FWXbe 9ÂŒhZelW" Z[b 9ec_jƒ ;YkWjeh_Wde Z[ I[# ]kh_ZWZ 8WdYWh_W$ ;b fh[i_Z[dj[ Z[b 9eb[]_e Z[ WdWb_ijWi Z[ i_ij[cWi Z[b =kW# oWi" ?l|d Jkj_bbe" Yedi_Z[hW gk[ bei Yb_[dj[i fkZ_[hed i[h [d]W‹WZei f[he jWcX_ƒd [i l_WXb[ gk[ bei i[hl_Zeh[i Z[ bei XWdYei o ejhWi _dij_jkY_e# d[i \k[hed Æ^WYa[WZWiÇ$
/' (. (ŋ ŋýĄÞĂÝŋ &)-ŋ'/ ,.)-ŋ *),ŋ &ŋ š& ,
ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
Ŋ } ĔŊ Ŋě BW Y_\hW Z[
Ĉ
\Wbb[Y_Zei [d >W_j‡ feh bW [f_Z[# c_W Z[ YŒb[hW gk[ W\[YjW Wb fW‡i Z[iZ[ c[Z_WZei Z[ eYjkXh[ fW# iWZe" Wkc[djŒ W )$*.' o bW Z[ bei W\[YjWZei W '+-$)('"i[]‘d kd Xeb[j‡d ZWZe W YedeY[h ^eo feh [b C_d_ij[h_e Z[ IWbkZ F‘Xb_YW o FeXbWY_Œd CIFF $ :[ WYk[hZe Yed bW _d\ehcW# Y_Œd" .-$,)/ f[hiedWi ^Wd i_Ze ^eif_jWb_pWZWi W YWkiW Z[ bW cehjWb [d\[hc[ZWZ" Wkdgk[ oW .+$))' h[Y_X_[hed [b WbjW cƒZ_YW$ ;b YŒb[hW" gk[ WfWh[Y_Œ feh fh_c[hW l[p [d eYjkXh[ fWiWZe [d bW Y_kZWZ Z[ C_h[XWbW_i Y[d# jhe " i[ ^W [nj[dZ_Ze W bei '& Z[fWhjWc[djei [d bei gk[ [ij| Z_l_Z_Ze >W_j‡ o ^WijW bW l[Y_dW H[f‘Xb_YW :ec_d_YWdW" ZedZ[ '*. f[hiedWi ^Wd i_Ze W\[YjWZWi" Wkdgk[ d_d]kdW ^W ck[hje$
Ýÿŋ. ' &), -ŋ ( /(ŋ v ŋ (ŋ "#& ĔŊ Ŋě Kd jejWb Z[ gk_dY[
#.vÄ…Ĺ‹/(Ĺ‹* v-Ĺ‹' & #.) .11( +#2ĹŠ5(.+ !(.-#2ĹŠ"#ĹŠ,4)#1#2ĹŠ8ĹŠ -( 2ĹŠ#-ĹŠ+.2ĹŠ! ,/.2ĹŠ"#ĹŠ1#$4%( ".2ĔŊ ".-"#ĹŠ2#ĹŠ/ 2 ĹŠ' , 1#ĹŠ8ĹŠ2#"Ä“ĹŠ š Bei fh[YWh_ei YWcfei Z[ h[\k]_WZei Z[ >W_# j‡ ied [iY[dWh_e Z[ l_ebWY_ed[i [d ]hkfe Z[ ck`[h[i o d_‹Wi" Z[dkdY_ÂŒ Wo[h 7cd_ij‡W ?dj[h# dWY_edWb 7? [d kd _d\ehc[ Yed j[ij_ced_ei Z[ [i[ ^ehheh" W kdei Z‡Wi Z[b fh_c[h Wd_l[hiW# h_e Z[b i_ice gk[ Z[`ÂŒ W c_b[i Z[ f[hiedWi Z[iWcfWhWZWi Feh [`[cfbe" kdW ck`[h Yk[d# jW YÂŒce" Zei c[i[i Z[ifkƒi Z[ gk[ ik cWh_Ze ckh_ÂŒ YkWdZe ik YWiW i[ Z[hhkcXÂŒ ZkhWdj[ [b j[hh[ceje" l_e YÂŒce l_ebWXWd W ik ^_`W WZeb[iY[dj[ [d kd YWc# fWc[dje ^[Y^e Z[ YWikY^Wi _cfhel_iWZWi Yed bedWi [d bW YWf_jWb ^W_j_WdW$ Æ9kWjhe ^ecXh[i bW l_ebWhed$ J_[d[ ') W‹ei Z[ [ZWZÇ" Z_`e bW ck`[h W bei h[fh[i[djWdj[i Z[ 7?" gk[ h[ZWYjWhed ik _d\ehc[ bk[]e Z[ [djh[l_ijWh W c|i Z[ +& ck`[h[i o d_‹Wi [d bei YWc# fWc[djei _cfhel_iWZei jhWi [b ĹŠ
^Wo cko feYWi f[hif[Yj_lWi Z[ gk[ i[Wd bb[lWZWi Wdj[ bW `kij_# Y_WÇ" W]h[]ÂŒ$ BW cWoeh‡W Z[ bWi l‡Yj_cWi ied l_ebWZWi feh XWdZWi Z[ ^ecXh[i WhcWZei o `ÂŒl[d[i gk[ c[heZ[Wd [d bei ikf[hfeXbWZei YWcfWc[d# jei Z[ifkƒi Z[b WdeY^[Y[h$ (-ĹŠ"(-#1.ĹŠ-.ĹŠ' 8ĹŠ- "
BWi feYWi ck`[h[i gk[ Z[dkd# Y_Whed l_ebWY_ed[i WĂ’ hcWd gk[ e X_[d b[i Z_`[hed gk[ de i[ fe# Z‡W ^WY[h dWZW e X_[d bW feb_Y‡W b[i f_Z_ÂŒ Z_d[he #gk[ de j_[d[d# fWhW _dl[ij_]Wh$ ĂˆCoh_WcÉ \k[ l_ebWZW YkWdZe j[d‡W '' W‹ei feh jh[i ^ecXh[i W feYei fWiei Z[ bW fh_dY_fWb Ye# c_iWh‡W Z[ Fk[hje Fh‡dY_f[$ Ik j‡W" gk[ bW Yk_ZW Z[iZ[ gk[ ik cWZh[ Z[iWfWh[Y_[hW ZkhWd# j[ [b j[hh[ceje" Z_Y[ gk[ be ‘d_Ye gk[ fk[Z[ ^WY[h [i Æ_h W bW _]b[# i_W o h[pWhÇ$ C_[djhWi" ĂˆIkp_[É \k[ l_ebWZW feh kdW XWdZW [d \h[dj[ Z[ iki ^_`ei$ ÆBWi ck`[h[i l‡Yj_cWi Z[ l_ebWY_ÂŒd Z[X[h‡Wd _h Wb ^eif_jWb" f[he oe de \k_ fehgk[ de j[d‡W Z_d[heÇ" b[ YedjÂŒ W 7cd_ij‡W$
(-Ŋ 5 -!#2 ŗŊŊ 2Ŋ.1% -(9 !(.-#2Ŋ'4, -(3 1( 2ĔŊ ,-(23~ Ŋ -3#1- !(.- +Ŋ8Ŋ 7$ ,ĔŊ"#-4-Ĺ !( 1.-Ŋ/.1Ŋ2#/ 1 ".Ŋ+ Ŋ$ +3 Ŋ"#Ŋ 5 -!#2Ŋ#-Ŋ+ Ŋ1#!.-2314!!(¢-Ŋ"#Ŋ (3~Ŋ31 2Ŋ#+Ŋ
j[hh[ceje Z[b '( Z[ [d[he Z[ (&'&" gk[ Z[ijhkoÂŒ Xk[dW fWhj[ Z[ bW YWf_jWb$ JeZW [iW ck[hj[ o Z[ijhkY# Y_ÂŒd _cfb_YWhed gk[ ckY^Wi ck`[h[i o d_‹Wi f[hZ_[hWd iki \Wc_b_Wi o bei bWpei Yeckd_jW# h_ei gk[ bWi fhej[]‡Wd$ FWhW Yeb# ce" bWi fh[YWh_Wi YedZ_Y_ed[i [d bei YWcfWc[djei [cf[ehWhed ik i_jkWY_ÂŒd$ ÆBW \WbjW Z[ i[]kh_ZWZ Z[djhe o [d jehde W bei YWcfWc[djei [i kde Z[ bei fh_dY_fWb[i \WYjeh[i gk[ Yedjh_Xko[d W bW l_eb[dY_W Z[ ]ƒd[he" _dYbko[dZe bW i[nkWbÇ" Z_Y[ [b _d\ehc[$
j[hh[ceje$ ÆC[ Z_`[hed gk[ i_ YedjWXW Wb]e c[ _XWd W cWjWh$ :_`[hed gk[ i_ b[ Z[Y‡W W bW feb_Y‡W c[ _XWd W cWjWh Z[ kd j_heÇ" W]h[# ]W bW ck`[h" _Z[dj_Ă’ YWZW [d [b _d\ehc[ Yece Ăˆ=k[hb_d[É" kd decXh[ \Wbie fWhW fhej[][hbW Z[ h[fh[iWb_Wi$ Æ;ijeo Wj[hhWZW$ De ^Wo d_d]‘d bk]Wh i[]khe ZedZ[ fk[ZW l_l_h" Wi‡ ĉĊćēćććŊ ĹŠ gk[ jkl[ gk[ gk[ZWhc[ "#)¢Ŋ#+ĹŠ3#11#,.3.ĹŠ 3 04#2ĹŠ2(-ĹŠ! 23(%. "#+ĹŠÄˆÄ‰ĹŠ"#ĹŠ#-#1.ĹŠ"#ĹŠ Kd W‹e Z[ifkƒi Z[b i_i# YWbbWZWÇ" Yk[djW$ ĉćĈćē Ăˆ=k[hb_d[É \k[ l_ebWZW bW ce" c|i Z[ ' c_bbÂŒd Z[ c_icW deY^[ gk[ ik ^_`W ^W_j_Wdei i_]k[d h[fWhj_# feh ^ecXh[i [dYWfkY^WZei [d [b Zei [d kdei '$(&& YWcfWc[d# YWcfWc[dje" o Z_Y[ gk[ de fk[Z[ jei$ ;d ik cWoeh‡W i[ jhWjW Z[ iWYWhi[ bWi _c|][d[i Z[ ik YWX[pW$ ck`[h[i$ ÆDe ^Wo d_d]kdW i[]kh_ZWZ fWhW bWi ck`[h[i o bWi d_‹Wi [d (-ĹŠ2#%41(" " I[]‘d 7?" cko feYe i[ ^W ^[# bei YWcfWc[djeiÇ" Z_`e =[hWh# Y^e fWhW WokZWh W ƒijW o W ejhWi Ze :kYei" `[\[ Z[ bei l[[Zeh[i l‡Yj_cWi Z[ l_ebWY_ÂŒd o Z_l[hiei Z[ 7? [d >W_j‡$ Æ8WdZWi WhcWZWi WjWYWd W WXkiei i[nkWb[i" kd cWb gk[ i[ ^W W]hWlWZe [d >W_j‡ bk[]e Z[b lebkdjWZ" W iWX_[dZWi Z[ gk[
2FpDQR 3DFtILFR
j[cXbeh[i Z[ Z_l[hiW _dj[di_ZWZ W\[YjWhed Wo[h Wb Y[djhe o ikh Z[ 9^_b[ i_d gk[ i[ _dZ_YWhW Z[ l‡Y# j_cWi e ZW‹ei cWj[h_Wb[i$ BW _d\ehcWY_Œd fhefehY_e# dWZW feh [b ?dij_jkje Z[ =[e\‡# i_YW Z[ bW Kd_l[hi_ZWZ Z[ 9^_b[" fh[Y_iŒ gk[ Z[ bW jejWb_ZWZ Z[ bei \[dŒc[dei j[b‘h_Yei" iŒbe jh[i Z[ [bbei ieXh[fWiWhed bei YkWjhe ]hWZei$ ;b fh_c[he i[ i_dj_Œ W bWi *0&+ ^ehW beYWb (0&+ [d ;YkWZeh Yed kdW cW]d_jkZ Z[ *"( ]hWZei" Ykoe [f_Y[djhe i[ i_jkŒ W i_[j[ a_bŒc[jhei Wb dehj[ Z[ J_h‘W$ Kd dk[le i_ice" gk[ WbYWdpŒ kdW cW]d_jkZ Z[ *"* ]hWZei H_# Y^j[h" i[ h[]_ijhŒ W bWi ',0)+ ^ehW beYWb '*U)+ [d ;YkWZeh [d bW pedW Y[djhe Z[ 9^_b[" Ykoe [f_# Y[djhe i[ beYWb_pŒ W ** a_bŒc[# jhei Wb e[ij[ Z[ bW Y_kZWZ Z[ Bei 7dZ[i" l[Y_dW W IWdj_W]e$ ;b ‘bj_ce Z[ bei _cfehjWdj[i i_icei gk[ W\[YjŒ W [ijW dWY_Œd WkijhWb" i[ i_dj_Œ W bWi ((0*) ^ehW beYWb (&0*) ^ehW [YkWjeh_WdW " Ykoe [f_Y[djhe be kX_YŒ [b ?dij_# jkje Z[ =[e\‡i_YW Z[ bW Kd_l[h# i_ZWZ Z[ 9^_b[" W )' a_bŒc[jhei Wb ikh Z[ bW dehj[‹W Y_kZWZ Z[ ?gk_gk[" c_[djhWi ik cW]d_jkZ WdejŒ *"( ]hWZei H_Y^j[h$
Ä“ĹŠĹŠ -ĹŠ  .ĹŠ"#2/4_2ĹŠ"#+ĹŠ3#11#,.3.ĔŊ+ ĹŠ%#-3#ĹŠ!.-3(-ĂŒ ĹŠ!.-5(5(#-".ĹŠ ).ĹŠ! 1/ 2ĹŠ#-ĹŠ 4#13.ĹŠ 1~-!(/#Ä“ĹŠ 1!'(5.
Ä“ĹŠ (#-3.2ĹŠ"#ĹŠ/#12.- 2ĹŠ3., -ĹŠ %4 ĹŠ"#+ĹŠĂŒ-(!.ĹŠ !4#"4!3.ĹŠ04#ĹŠ3(#-#-ĹŠ #-ĹŠ+ 2ĹŠ!#1! -~ 2ĹŠ"#ĹŠ242ĹŠ(,/1.5(2 " 2ĹŠ5(5(#-" 2Ä“ĹŠ
3#11#,.3.ĹŠ"#+ĹŠÄˆÄ‰ĹŠ"#ĹŠ#-#1.ĔŊ8ĹŠ#+ĹŠ 4,#-3.ĹŠ"#+ĹŠ1(#2%.ĹŠ"#ĹŠ5(.+#-!( ĹŠ2#74 +ĹŠ!.-31 ĹŠ+ 2ĹŠ ' (3( - 2ĹŠ#-ĹŠ+.2ĹŠ! ,/.2ĹŠ"#ĹŠ1#$4%( ".2Ä“ ;2ĹŠ"#ĹŠ4-ĹŠ,(++¢-ĹŠ"#ĹŠ/#12.- 2ĹŠ ĂŒ-ĹŠ5(5#-ĹŠ#-ĹŠÄĄ!.-"(!(.-#2ĹŠ"#/+.1 +#2ĢŊ#-ĹŠ#2.2ĹŠ ! ,/.2ĹŠ#-ĹŠ 4#13.ĹŠ 1~-!(/#ĔŊ8ĹŠ#-ĹŠ#+ĹŠ241ĹŠ"#ĹŠ (3~ĔŊ2#%ĂŒ-ĹŠ4-ĹŠ(-$.1,#ĹŠ"#ĹŠ ,-(23~ ĹŠ ĸ ĚŊ"#+ĹŠÄ?ĹŠ"#ĹŠ#-#1.Ä“
2ĹŠ,4)#1#2ĹŠ2.-ĹŠ,;2ĹŠ54+-#1 +#2ĹŠ/.104#ĹŠ-.ĹŠ#7(23#ĹŠÄĄ-(-%ĂŒ-ĹŠ"(2/.2(3(5.ĹŠ/ 1 ĹŠ % 1 -3(9 1ĹŠ24ĹŠ2#%41(" "ĢĔŊ(-"(!¢Ŋ #1 1".ĹŠ 4!.2ĔŊ4-.ĹŠ"#ĹŠ+.2ĹŠ 43.1#2ĹŠ"#+ĹŠ(-$.1,#Ä“ #%ĂŒ-ĹŠ#+ĹŠ".!4,#-3.ĔŊ4-.2ŊĥĉĎćŊ! 2.2ĹŠ"#ĹŠ5(.+ !(¢-ĹŠ$4#1.-ĹŠ1#/.13 ".2ĹŠ"#-31.ĹŠ "#ĹŠ+.2ĹŠÄˆÄŽÄ‡ĹŠ"~ 2ĹŠ/.23#1(.1#2ĹŠ +ĹŠ2(2,.Ģē
ĉ
Ĺ? ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä Ĺ?
Ĺ? +. ÄŒĹ?
1#2ĹŠ 3#-3 ".2ĹŠ#-ĹŠ !(-!.ĹŠ"~ 2ĹŠ 31( 4(Äą ".2ĹŠ ĹŠ+ ĹŠ%4#11(++ ĹŠ 2 !4"#-ĹŠ!(4" "ĹŠ !.+., ( - Ä“
ŋ#(.#'# (ŋ .) ŋ/( ŋ*) & #š(
:ĔŊ Ŋě Jh[i Wj[djWZei j[#
hheh_ijWi [d iebe Y_dYe Z‡Wi [d bW Y_kZWZ YebecX_WdW Z[ D[_lW" [d [b Z[fWhjWc[dje Z[b >k_bW ikh " Wjh_Xk_Zei W bW ]k[hh_bbW Z[ bWi <7H9 ^Wd Z[`WZe Wb c[dei kd ^[h_Ze o YkWdj_eiei ZW‹ei [d l_# l_[dZWi o [d [b i[hl_Y_e [bƒYjh_Ye" _d\ehcWhed Wo[h bWi Wkjeh_ZWZ[i beYWb[i$ ;b c|i h[Y_[dj[ i[ fheZk`e Wo[h [d bW cWZhk]WZW o [ijWXW Z_h_]_Ze YedjhW kd h[YedeY_Ze ]WdWZ[he Z[ bW Y_kZWZ" [nfb_YÂŒ W bWi [c_iehWi beYWb[i [b Yehed[b @kb_e 9ƒiWh 7blWhWZe" YecWd# ZWdj[ Z[ bW Feb_Y‡W Z[b >k_bW" YkoW YWf_jWb [i D[_lW$ ;ij[ Wj[djWZe" f[hf[jhWZe Yed [nfbei_le 7d\e" fheleYÂŒ ZW‹ei [d kdWi +& l_l_[dZWi Z[b Y[djhe Z[ D[_lW o Z[`ÂŒ i_d i[hl_Y_e [bƒY# jh_Ye W ckY^ei ^WX_jWdj[i Z[b i[Yjeh$ ÆF[diWcei gk[ [hW kd j[hh[# ceje fehgk[ jeZe [b [Z_Ă’Y_e i[ [ijh[c[Y_ÂŒ Yed [b [ijhk[dZe" W c_ YWiW i[ b[ YWo[hed jeZei bei l_Zh_ei" \k[hed cec[djei Z[ ckY^W Wd]kij_WÇ" dWhhÂŒ kde Z[ bei W\[YjWZei" Y_jWZe feh 9WhWYeb HWZ_e$
23(%.ĹŠ ĹŠ'().2ĹŠ04#ĹŠ-. 5(2(3#-ĹŠ ĹŠ242ĹŠ/ "1#2ĹŠ
ŗŊ Ŋ } ĔŊ ŊěŊ9^_dW" kd fW‡i ZedZ[ ZkhWdj[ c_b[d_ei bei
c|i cWoeh[i [d bWi \Wc_b_Wi [hWd l[d[hWZei feh jhWZ_Y_e# d[i h[b_]_eiWi" fh[fWhW kdW h[\ehcW b[]Wb gk[ feZh‡W YWij_]Wh W bei ^_`ei WZkbjei gk[ de l_i_j[d W iki fWZh[i WdY_Wdei" _d\ehcÂŒ [b eĂ’Y_Wb Ăˆ9^_dW :W_boÉ$ BW _djheZkYY_ÂŒd Z[ [ij[ Z[b_je i[ [ijkZ_Wh| [d bW h[\ehcW Z[ bW B[o Z[ Fhej[YY_ÂŒd Z[ bei :[h[Y^ei [ ?dj[h[i[i Z[ bei 7dY_Wdei" Yh[WZW [d '//,$
ēŊ (23 Ŋ"#Ŋ+.2Ŋ"  .2Ŋ04#Ŋ"#)¢Ŋ4-Ŋ/#3 1".Ŋ#-Ŋ #(5 Ŋ 8#1ēŊ
31 ĹŠ .,
7 feYei c[jhei Z[b bk]Wh Z[ bW [nfbei_Œd" W][dj[i Wdj_[nfbei_# lei Z[ bW Feb_Y‡W o Z[b :[fWhjW# c[dje 7Zc_d_ijhWj_le Z[ I[]k# h_ZWZ :7I" _dj[b_][dY_W [ijWjWb Z[iWYj_lWhed ejhW YWh]W gk[ ^W#
X‡W i_Ze WXWdZedWZW \h[dj[ W bW i[Z[ Z[ kdW [cfh[iW$ BWi Wkjeh_ZWZ[i Z[ D[_lW h[Yeh# ZWhed gk[ [b Wj[djWZe [i [b j[hY[he [d be gk[ lW Z[ [ij[ h[Y_ƒd _d_Y_WZe W‹e" jeZei [bbei Wjh_Xk_Zei W c_b_Y_Wi khXWdWi Z[ bWi <k[hpWi 7hcWZWi
H[lebkY_edWh_Wi Z[ 9ebec# X_W <7H9 $ 3 04#2ĹŠ8ĹŠ#73.12(.-#2
;b fh_c[he i[ h[]_ijhÂŒ [b fW# iWZe Zec_d]e o [b ejhe [d bW deY^[ Z[b cWhj[i" Yed kd iWbZe Z[ kd c[deh ^[h_Ze" o WcXei \k[hed f[hf[jhWZei Yed ]hWdWZWi bWdpWZWi feh Z[iYedeY_Zei$ BW i[Yh[jWh_W Z[ =eX_[h# de Z[b >k_bW" ;ccW 9edi# jWdpW IWijegk[" Z_`e gk[ bWi _dl[ij_]WY_ed[i ieXh[ [ijei jh[i Wj[djWZei WfkdjWd W h[# fh[iWb_Wi feh bW d[]Wj_lW Z[ [cfh[iWh_ei o Yec[h# Y_Wdj[i Z[ D[_lW W fW]Wh [njehi_ed[i$ ÆBei Yec[hY_Wdj[i de ^Wd gk[h_Ze Z[`Whi[ [njehi_edWh o Z[X[d i[]k_h YebWXehWdZe Yed bWi Wkjeh_ZWZ[iÇ" WdejÂŒ" feh ik fWhj[" [d H9D HWZ_e [b WbYWbZ[ Z[ D[_lW" >ƒYjeh 7d‡XWb HWc‡h[p" gk_[d WZ# c_j_ÂŒ gk[ [i fh[eYkfWdj[ bW i_jkWY_ÂŒd Z[ ehZ[d f‘Xb_Ye [d bW Y_kZWZ$ C_[djhWi" [b l_Y[fh[i_# Z[dj[ YebecX_Wde" 7d][b_de =WhpÂŒd" YedZ[dÂŒ bW ebW Z[ l_eb[dY_W j[hheh_ijW gk[ [ij| l_l_[dZe D[_lW o ieb_Y_jÂŒ W bWi Wkjeh_ZWZ[i h[]_edWb[i o W bW Feb_Y‡W fed[h Æc|i Wj[d# Y_ÂŒdÇ W bW i[]kh_ZWZ$ JWcX_ƒd f_Z_ÂŒ ÆYebWXe# hWY_ÂŒdÇ W bW Y_kZWZWd‡W fWhW ZWh Yed bei h[ifediWXb[i Z[ bei Wj[djWZei o WĂ’hcÂŒ gk[ bW l_eb[dY_W Æde be]hWh|Ç leb# l[h Æfh_i_ed[hei Z[b c_[ZeÇ W bei YebecX_Wdei [d d_d]‘d bk]Wh Z[b fW‡i$
Ä“ Ä“ĹŠĹŠ#-5( 1;ĹŠÄˆÄ“ÄŒÄ‡Ä‡ĹŠ 2.+" ".2ĹŠ,;2ĹŠ ĹŠ $% -(23;-
ŗŊ Ŋ ĔŊ Ŋě ;b i[Yh[# jWh_e Z[ :[\[diW Z[ ;ijWZei
Kd_Zei" HeX[hj =Wj[i" [dl_Wh| ejhei '$*&& iebZWZei WZ_Y_e# dWb[i W 7\]Wd_ij|d" gk[ i[ [if[hW [ijƒd Z[ifb[]WZei ie# Xh[ [b j[hh[de [d bWi fhÂŒn_cWi i[cWdWi" fWhW Wkc[djWh bW fh[i_ÂŒd ieXh[ bei jWb_XWd[i$ ;b fehjWlep Z[b F[dj|]ede" :Wl[ BWfWd" i[‹WbÂŒ Wo[h gk[ =Wj[i WfheXÂŒ [b Z[ifb_[]k[ WZ_Y_edWb Z[ jhefWi Yed [b Ă’d Z[ Yedieb_ZWh bei WlWdY[i be]hWZei o h[ZeXbWh bW fh[i_ÂŒd ieXh[ bei _dikh][dj[i$
#8ĹŠ (+(3 -3#ĹŠ#2ĹŠ -3("#,.!1;3(!
Ĺ—ĹŠ ĹŠ ĔŊ ĹŠÄ› ;b i[# Yh[jWh_e Z[ ;ijWZe WZ`kdje fWhW BWj_deWcƒh_YW" 7hjkhe LWb[dpk[bW" YWb_Ă’YÂŒ Wo[h Z[ Wdj_Z[ceYh|j_YW bW B[o >WX_b_jWdj[ #gk[ ejeh]W Wb fh[i_Z[dj[ l[d[pebWde" >k]e 9^|l[p" feZ[h[i fWhW b[]_ibWh i_d Yedjheb Z[b FWhbWc[dje feh '. c[i[i# o Z_`e gk[ l_ebW bW 9WhjW :[ceYh|j_YW ?dj[hW# c[h_YWdW Z[ bW E;7$ LWb[dpk[bW lebl_ÂŒ W bWc[djWh be gk[ Z[iYh_X_ÂŒ Yece kdW j[dZ[dY_W gk[ [ij| jecWdZe WhhW_]e [d lWh_ei fW‡i[i Z[ bW h[]_ÂŒd o [d l_hjkZ Z[ bW YkWb Wb]kdei b‡Z[h[i fheck[l[d YWcX_ei Yedij_jk# Y_edWb[i fWhW cWdj[d[hi[ [d [b feZ[h$
(/Ŋ#!.+¢%(!. 4(" ".Ŋ!.-Ŋ+ Ŋ 241 Ŋ3#!-.+¢%(! ēŊ
.2Ŋ / 1 3.2Ŋ#+#!31¢-(!.2Ŋ!.-Ĺ 3(#-#-Ŋ2423 -!( 2Ŋ/#+(%1.2 2ē
Ĺ? ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä Ĺ?
Ĺ? +. ÄŒĹ?
ÄŠ
2*&). #š(ŋ* .,)& , ŋ ' ( 4 ŋ ŋ!),#& ĔŊ Ŋě ;b fheo[Yje Z[ [n#
)()ŋ & ), )ŋŋ ŋ - ŋ ŋ& ŋ ) ēŊ 2Ŋ.1(%(- 1( Ŋ"#Ŋ+ 2Ŋ#231( !(.-#2Ŋ"#Ŋ+.2Ŋ -"#2Ŋ , 9¢-(!.2ē
2 1ĹŠ#+ĹŠ, 3#1( +ĹŠ (+#% +ĹŠ04#ĹŠ2#ĹŠ!.-Äą ă2! ĹŠ#-ĹŠ24#+.ĹŠ .+(Äą 5( -.ĹŠ2#1~ ĹŠ#+ĹŠ,#.Äą ++.ĹŠ"#ĹŠ4- ĹŠ!1# !(¢-Ä“ĹŠ
Ŋš ;b =eX_[hde Z[ 8eb_l_W Yh[[ ^WX[h [dYedjhWZe [d bW \WXh_YW# Y_ÂŒd Z[ WXede kd Xk[d Z[ij_de fWhW bWi [dehc[i YWdj_ZWZ[i Z[ YeYW gk[ WdkWbc[dj[ i[ _dYWk# jWd Wb dWhYejh|Ă’Ye$ C[Z_Wdj[ kd [nf[h_c[dje" jƒYd_Yei Z[b =eX_[hde o YWcf[# i_dei Z[ bW h[]_ÂŒd Z[ bei Okd# ]Wi Z[ BW FWp ^Wd eXj[d_Ze \[hj_b_pWdj[ X_ebÂŒ]_Ye W XWi[ Z[ YeYW c[pYbWZW Yed XWikhW" Yed ^e`Wi Z[ |hXeb e Yed [ij_ƒhYeb Z[ ]Wbb_dW$
#13(ă! !(.-#2ĹŠ
Bk_i 9kj_fW" Z_h[Yjeh dWY_edWb Z[ ?dZkijh_Wb_pWY_ÂŒd o 9ec[h# Y_Wb_pWY_ÂŒd Z[ 9eYW" j_[d[ [d ik eĂ’Y_dW YkWjhe Xebi_jWi Z[b ĂˆYec# feij Z[ YeYWÉ" ZedZ[ i[ b[[ gk[ [i Æ[b c[`eh WXede X_ebÂŒ]_Ye Z[b ckdZeÇ fehgk[ Æ_dYh[c[djW [b h[dZ_c_[dje Z[ bei Ykbj_leiÇ$ ;b \kdY_edWh_e Z_Y[ gk[ [iW Y[hj_Ă’YWY_ÂŒd fhel_[d[ Z[ bW Kd_# l[hi_ZWZ CWoeh Z[ IWd I_cÂŒd Z[ 9eY^WXWcXW" [d [b Y[djhe Z[ 8eb_l_W" ZedZ[ \k[hed [dl_WZWi bWi ck[ijhWi Z[b fheZkYje$ I_d [cXWh]e" [b WXede jWc# X_ƒd Z[X[ fWiWh feh bei Yedjhe# b[i Z[ bW <k[hpWi ;if[Y_Wb Z[ BkY^W YedjhW [b DWhYejh|\_Ye <[bYd " fk[ije gk[ i_ W‘d jkl_[# hW [b ikĂ’Y_[dj[ WbYWbe_Z[ Yece fWhW fheZkY_h YeYW‡dW" [b c_ice gk[ZWh‡W Z[iYWhjWZe$ -3#1#2 -3#ĹŠ
Be Ykh_eie Z[b YWie [i gk[ [ij[ WXede i[ [ij| fheXWdZe [d kdW fbWdjWY_ÂŒd Z[ YeYW" Wb]e gk[ W 9kj_fW de b[ fWh[Y[ kd YedjhW#
Ä“ĹŠ 2ĹŠ/1(,#1 2ĹŠ /+(! !(.-#2ĹŠ2#ĹŠ"(#1.-ĹŠ#-ĹŠ4-ĹŠ!4+3(5.ĹŠ"#ĹŠ+ ĹŠ,(2, ĹŠ#2/#!(#Ä“
i[dj_Ze fehgk[ [i[ [hW [b ‘d_Ye Ykbj_le gk[ [ijWXW Z_ifed_Xb[ [d bWi Y[hYWd‡Wi Z[b [nf[h_c[dje$ I_d [cXWh]e" WYbWhW gk[ YkWd# Ze i[ [cf_[Y[ W fheZkY_h W ]hWd [iYWbW" [b WXede i[hl_h| fWhW Ykbj_lWh ^ehjWb_pWi" jkXƒhYkbei" \hkjWb[i o ejhWi fbWdjWi$ KdW l[p Yedi[]k_ZW bW Y[hj_Ă’# YWY_ÂŒd" [b Z[iW\‡e W^ehW [i be]hWh \_dWdY_Wc_[dje fWhW fheZkY_h WXede W kdW [iYWbW cWoeh$ BW :_h[YY_ÂŒd Z[ bW 9eYW [bWXehÂŒ kd fheo[Yje Z[ -&&$&&& ZÂŒbWh[i Z[ij_dWZe W fheZkY_hbe [d 9e# Y^WXWcXW" ZedZ[ bei YeYWb[hei oW YecfhWhed Zei ^[Yj|h[Wi Z[ j[hh[de fWhW [i[ Ă’d$
.ĹŠ(+#% +
9kj_fW [nfb_YW gk[ i[ ^Wd _d_# Y_WZe bei [nf[h_c[djei fehgk[ WdkWbc[dj[ i[ _dYWkjW kd fhe# c[Z_e Z[ ,.' jed[bWZWi Z[ YeYW _b[]Wb o gk[" Z[ de ^WX[h i_Ze feh bei Z[Yec_iei" i[ ^WXh‡W Z[ij_dW# Ze W bW \WXh_YWY_ÂŒd Z[ YeYW‡dW$ KdW fWhj[ Z[ [iW YeYW [i gk[# cWZW Yed bW WokZW Z[ bW eĂ’Y_dW Wdj_Zhe]Wi Z[ bW ;cXW`WZW Z[
bW fhe^_X_Y_ÂŒd Z[ h[Wb_pWh [n# fbehWY_ed[i f[jheb[hWi [d [iW pedW$ 7 bWi YecfW‹‡Wi _dlebkYhW# ZWi" gk[ Yej_pWd [d bW 8ebiW Z[ BedZh[i" [b MM< b[i h[YbWcÂŒ gk[ Æh[if[j[d bW B[o o WXWdZe# d[d iki f[hd_Y_eiei fbWd[iÇ$ ;iW pedW fhej[]_ZW WbX[h]W dkc[heiWi [if[Y_[i Z[ Wl[i" h[fj_b[i o cWc‡\[hei" Yece Y^_cfWdYƒi" ^_fefÂŒjWcei o [b[# \Wdj[i" Ykoe [gk_b_Xh_e dWjkhWb i[ Yh[[ gk[ fk[ZW l[hi[ f[h`kZ_YW# Ze i_ i[ YedYh[jW [b fheo[Yje Z[ [nfbehWY_ÂŒd f[jheb[hW$ 7bb‡ jWcX_ƒd l_l[d kdei (&& ]eh_bWi Z[ cedjW‹W" Y_\hW gk[ h[fh[i[djW [b (+ Z[ bei gk[ gk[ZWd [d [b fbWd[jW" WZ[# c|i Z[ kdW feXbWY_ÂŒd beYWb gk[ i[ X[d[Ă’Y_W Z[b jkh_ice o Z[ bW $#!3 ĹŠ+ ĹŠ- 341 +#9 ;b MM< f_Z_ÂŒ Wb =eX_[hde f[iYW h[Wb_pWZei XW`e Yh_j[h_ei gk[ ]WhWdj_Y[ o ^W]W Ykcfb_h ieij[d_Xb[i$ fbehWY_ÂŒd f[jheb[hW [d bW h[i[h# lW dWjkhWb c|i Wdj_]kW Z[ Ă›\h_# YW o ^|X_jWj Z[ kdW YkWhjW fWhj[ Z[ jeZei bei ]eh_bWi Z[ cedjW‹W gk[ gk[ZWd [d [b ckdZe fk[Z[ W\[YjWh _hh[c[Z_WXb[c[dj[ [iW h_gk[pW X_ebÂŒ]_YW" Z[dkdY_ÂŒ [b <edZe CkdZ_Wb fWhW bW DWjkhW# b[pW MM< $ :[ WYk[hZe W bW eh]Wd_pWY_ÂŒd [Yebe]_ijW" bei fbWd[i Z[ bWi YecfW‹‡Wi IE9E o :ec_d_ed j[dZh|d kd Yeij[ cko [b[lWZe ÆfWhW bW fh[Y_eiW o \h|]_b X_eZ_# l[hi_ZWZÇ Z[b FWhgk[ DWY_edWb L_hkd]W" kX_YWZe Wb e[ij[ Z[ bW H[f‘Xb_YW :[ceYh|j_YW Z[b 9ed]e H:9 " [d bW \hedj[hW Yed HkWdZW o K]WdZW$
ēŊ Ŋ-(5#+Ŋ,4-"( +Ŋ#2Ŋ4- Ŋ#2/#!(#Ŋ#-Ŋ/#+(%1.Ŋ"#Ŋ#73(-!(¢-ē
2ĹŠ 4#-.ĹŠ.ĹŠ-. ĹŠĹŠ 1 3;-".2#ĹŠ"#ĹŠ4-ĹŠ/1."4!3.ĹŠ(+#% +Ä–ĹŠ Ĺ—Ä .ĹŠ2#1~ ĹŠ,#).1ĹŠ!.13 1ĹŠ+ ĹŠ/1."4!!(¢-ĹŠ "#ĹŠ!.! ĹŠ#-ĹŠ5#9ĹŠ"#ĹŠ(-"4231( +(9 1+ Ä&#x;ĹŠ +ĹŠ$4-!(.- 1(.ĹŠ 4(2ĹŠ 43(/ ĹŠ1#2/.-"#ĹŠ 04#ĔŊ2#%ĂŒ-ĹŠ+.2ĹŠ!;+!4+.2ĹŠ"#+ĹŠ . (#1Äą -.ĔŊ4- 2ŊĉćēćććŊ'#!3;1# 2ĹŠ"#ĹŠ!.! ĹŠ 2#ĹŠ42 -ĹŠ#-ĹŠ .+(5( ĹŠ/ 1 ĹŠÄƒ-#2ĹŠ+#% +#2ĹŠ 8ĹŠ,;2ĹŠ"#ĹŠÄˆÄ‡Ä“Ä‡Ä‡Ä‡ĹŠ2.-ĹŠ"#23(- " 2ĹŠ +ĹŠ- 1!.31;ă!.Ä“ĹŠ .1ĹŠ#2.ĔŊ ă1, ĔŊ#2ĹŠ -#!#2 1(.ĹŠ#-!.-31 1ĹŠ4-ĹŠ"#23(-.ĹŠ/ 1 ĹŠ #+ĹŠ! 1% ,#-3.ĹŠ04#ĹŠ#2ĹŠ(-! 43 ".ĹŠ -4 +,#-3#Ä“
;ijWZei Kd_Zei" f[he i_[cfh[ gk[ZW kd ieXhWdj[ gk[" feh ik [dehc[ YWdj_ZWZ" h[XWiW ]Wbfe# d[i" ]WhW`[i" Z[fÂŒi_jei o ^WijW bW fhef_W eĂ’Y_dW Z[ 9kj_fW" ZedZ[ bWi XebiWi Z[ YeYW Y[hhWhed [b fWie Z[ bWi ]hWZWi$ FWhW Yedi[]k_h [b WXede" [n# fb_YW 9kj_fW" i[ Z[X[ YWlWh kd ^eoe [d bW j_[hhW o bk[]e i[ _dj[h# YWbWd YWfWi Z[ YeYW o Z[ XWikhW e Z[ ^e`Wi Z[ |hXeb[i$ :[ifkƒi Z[ jh[i c[i[i [b WXede [ij| b_ije fWhW ik kie$
.-3 ,(- !(¢-Ŋ!.-Ŋ/+.,.
} ĔŊ ŊěŊ -.2ŊĉććŊ-( .2ĹŠ"#ĹŠ#-31#ĹŠ-4#5#ĹŠ,#2#2ĹŠ8ĹŠÄˆÄ?ĹŠ  .2ĹŠ#-ĹŠ4- ĹŠ
+.! +(" "ĹŠ#-ĹŠ+ ĹŠ04#ĹŠ2#ĹŠ#-!4#-31 -ĹŠ".2ĹŠ$; 1(! 2ĹŠ"#ĹŠ 3#1~ 2ĹŠ' -ĹŠ2(".ĹŠ "( %-.23(! ".2ĹŠ!.-ĹŠ#7!#2(5.2ĹŠ-(5#+#2ĹŠ"#ĹŠ/+.,.ĹŠ#-ĹŠ24ĹŠ.1% -(2,.Ä“ĹŠ Ä‰ÄŒĹŠ"#ĹŠ#++.2ĹŠ345(#1.-ĹŠ04#ĹŠ2#1ĹŠ'.2/(3 +(9 ".2ĔŊ(-$.1,¢Ŋ+ ĹŠ %#-!( ĹŠ.ÄƒÄą !( +ĹŠ (-'4 Ä“ĹŠ ĹŠ2(34 !(¢-ĔŊ2(,(+ 1ĹŠ ĹŠ.31.2ĹŠ! 2.2ĹŠ"#3#!3 ".2ĹŠ#-ĹŠ  .2ĹŠ -3#1(.1#2ĹŠ#-ĹŠ '(- ĔŊ2#ĹŠ' ĹŠ/1."4!(".ĹŠ#-ĹŠ+ ĹŠ+.! +(" "ĹŠ"#ĹŠ .'#ĔŊ"#ĹŠ + ĹŠ/1.5(-!( ĹŠ.1(#-3 +ĹŠ"#ĹŠ -'4(Ä“
Ä Ä€
.,#-" ".1ĹŠ8ĹŠ#- ,.1 ".ĹŠ"#ĹŠ 1 -!( ĹŠ
+Ŋ !3.1Ŋ 1(3;-(!.Ŋ (!' #+Ŋ (-#Ŋ#5.!¢Ŋ 8#1Ŋ24Ŋĥ'(23.1( Ŋ"#Ŋ ,.1ĢŊ!.-Ŋ 1 -!( ĔŊ04#Ŋ '.1 Ŋ2 #Ŋ!.,/ 13(" ĔŊ31 2Ŋ1#!( (1Ŋ+ 2Ŋ(-2(%-( 2Ŋ"#Ŋ!.,#-Ĺ " ".1Ŋ"#Ŋ+ 2Ŋ 13#2Ŋ8Ŋ+ 2Ŋ #31 2Ŋ"#Ŋ#23#Ŋ/ ~2Ŋ"#Ŋ, -.2Ŋ"#Ŋ24Ŋ,(-(231.Ŋ"#Ŋ 4+341 ĔŊ 1_"_1(!Ŋ (33#11 -"ēŊĥ Ŋ2(".Ŋ4- Ŋ!4#23(¢-Ŋ"#Ŋ ,.1ĔŊ/4#2Ŋ!1#~ Ŋ04#Ŋ #1 Ŋ2¢+.Ŋ 24-3.Ŋ,~.Ŋ8Ŋ-.Ŋ2 ~ Ŋ2(Ŋ 1 -!( Ŋ,#Ŋ04#1~ ėŊ/#1.Ŋ '.1 Ŋ#+Ŋ 24-3.Ŋ #23;Ŋ!.,/+#3.ĔŊ2_Ŋ04#Ŋ+.2Ŋ$1 -!#2#2ĔŊ04#Ŋ 1 -!( ĔŊ,#Ŋ , Ŋ3 , (_-ĔŊ8Ŋ#2Ŋ4-Ŋ '.-.1Ŋ#731 .1"(- 1(.ĢĔŊ#7/+(!¢Ŋ#+Ŋ 13(23 ēŊ Ŋ
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ĺ?ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?Ĺ?
ĹŠ ĹŠ
#-(#% ĹŠ"#+ĹŠ .3.7ĹŠ
} ŊěŊBW WYjh_p WkijhW# b_WdW h[YedeY_ÂŒ ^WX[h [nf[h_c[djWZe Yed Xejen fWhW h[WbpWh iki \WYY_ed[i [d ik bkY^W YedjhW [b [dl[`[Y_c_[d# je" Wkdgk[ h[d_[]W W^ehW Z[b fh[fWhWZe gk[ i[ _do[YjWd ckY^Wi ck`[h[i [d [b heijhe$ ÆJWcX_ƒd be ^[ fheXW# ZeÇ" WZc_j_ÂŒ bW fhejW]e# d_ijW Z[ ĂˆBei ejheiÉ [d kdW [djh[l_ijW WZ[bWd# jWZW Wo[h feh bW h[l_ijW Wb[cWdW JL#Cel_[" [d bW gk[ h[YedeY[0 Æde c[ ]kijÂŒ Z[ifkƒi [b Wif[Y# je Z[ c_ heijheÇ$ ĹŠ
ĹŠ ĹŠ
4ĹŠ/ "1#ĹŠ #23;ĹŠ%1 5#ĹŠ
42!(3 ĹŠ /#1/+#)(" "ĹŠ
ĹŠ ĹŠ
^ Ŋ ŊěŊŊ +Ŋ/ /;Ŋ"#Ŋ+ Ŋ
! -3 -3#Ŋ,#7(! - ĔŊ -1(04#Ŋ 4 (.ĔŊ2#Ŋ#-!4#-31 Ŋ#-Ŋ#23 ".Ŋ ĥ!1~3(!.Ŋ/#1.Ŋ#23 +#ĢŊ31 2Ŋ 24$1(1Ŋ4-Ŋ(-$ 13.Ŋ!#1# 1 +Ŋ8Ŋ4-Ŋ / 1.Ŋ! 1"( !.ĔŊ(-$.1, 1.-Ŋ 8#1Ŋ $4#-3#2Ŋ!#1! - 2Ŋ Ŋ+ Ŋ 13(23 ēŊ 4 (.Ŋ'4 .Ŋ"#Ŋ2#1Ŋ(-%1#2 ".Ŋ+ Ŋ -.!'#Ŋ"#+ŊĊŊ"#Ŋ#-#1.ĔŊ"#2/4_2Ŋ "#Ŋ' #1Ŋ1#%1#2 ".Ŋ Ŋ+ Ŋ! /(3 +Ŋ ,#7(! - Ŋ"#2"#Ŋ ( ,(ĔŊ".-"#Ŋ ' ~ Ŋ/ 2 ".Ŋ+ Ŋ 5(" "Ŋ#-Ŋ !.,/  ~ Ŋ"#Ŋ242Ŋ'().2ĔŊ 4+(- Ŋ 8Ŋ -1(04#ēŊ
ĹŠ ĹŠ
4#5.Ŋ"(2!.ĔŊ#-Ŋ$# 1#1.Ŋ
ŊěŊ;b YWdjWdj[ YkXWde# [ijWZekd_Z[di[ iWYWh| Wb c[hYWZe [b . Z[ \[Xh[he ik dk[le |bXkc ĂˆEjhW l[pÉ Z[b gk[ Z[ijWYW [b i[dY_bbe Ăˆ:ƒ`Wc[ gk[h[hj[É gk[ oW i[ [iYkY^W [d bWi [c_iehWi Z[ hWZ_e ^_ifWdWi Z[ ;ijWZei Kd_Zei$ Ăˆ:ƒ`Wc[ gk[h[hj[É [i kd j[cW cel_Ze [d [b gk[ [b YWdjWkjeh Z[ eh_][d bWj_de \ki_edW h_jcei fef o jhef_YWb o oW [ij| Z_i# fed_Xb[ [d \ehcWje Z_]_jWb W jhWlƒi _#Jkd[i$ ĹŠ
Ŋ-.5( Ŋ"#+Ŋ/1~-!(/#Ŋ"#Ŋ -%+ 3#11 Ŋ"#) Ŋ !.-Ŋ+ Ŋ .! Ŋ (#13 Ŋ +Ŋ/1#$#1(1Ŋ#+Ŋ 43.Ĺ ,¢5(+Ŋ Ŋ+ Ŋ! 11.9 ēŊ
ĔŊ ŊŊě¾7_h[i Z[ ceZ[hd_#
ZWZ5 Âľ?cf[hWj_le Z[ i[]kh_ZWZ5 2ĹŠ1# !!(.-#2ĹŠ Âľ7b[h]_W W bei YWXWbbei5$ BW fh[diW ;b :W_bo J[b[]hWf^ Y_jÂŒ W :_Ya_[ Xh_j|d_YW \WiY_dWZW Yed bW XeZW Z[ 7hX_j[h" [n i[Yh[jWh_e fWhj_YkbWh =k_bb[hce o AWj[ [if[YkbWXW Wo[h Z[ bW h[_dW" gk[ Yedi_Z[hÂŒ [ijW feh [b YWcX_e Z[ fhejeYebe Z[ bW efY_ÂŒd Æ_d^WX_jkWbÇ" o W bW h[ZWY# jehW `[\[ Z[ CW`[ijo CW# del_W" gk[ bb[]Wh| W bW 7XW# ]Wp_d[" ?d]h_Z I[mWhZ" Z‡W Z[ M[ijc_dij[h [d Wkje# ĹŠ gk[ bW j_bZÂŒ Z[ Æl[h]”[d# cÂŒl_b o de [d YWhhepW$
pW WXiebkjWÇ$ Bei Z_Wh_ei WZ[bWdjWhed ." ĹŠ2#1;ĹŠ#+ĹŠ I[mWhZ [nfb_YÂŒ gk[ bW jWdjWi ^_fÂŒj[i_i Yece [nf[h# ĹŠ ĉĒŊ"#ĹŠ 1(+ĹŠ/1¢7(Äą jei [d h[Wb[pW j_[d[ [b fW‡i ,.ĹŠ8ĹŠ#+ĹŠ#7ĹŠ # 3+#ĹŠ Z[Y_i_ÂŒd \hkijhWh| W bei Y_[djei Z[ c_b[i Z[ Ykh_e# fWhW jhWjWh Z[ [nfb_YWh bW 4+ĹŠ ! 13-#8ĹŠ -4-!(¢Ŋ04#ĹŠ iei gk[ i[ WfeijWh|d W be fh[\[h[dY_W Z[ AWj[ C_ZZb[# ! -3 1;ĹŠ#-ĹŠ+ ĹŠ !#1#,.-( Ä“ĹŠ bWh]e Z[b h[Yehh_Ze [d [i[ jed Z[ WYkZ_h W bW Y[h[ced_W Z‡W Z[Yh[jWZe \[ij_le$ Z[b (/ Z[ WXh_b [d WkjecÂŒl_b" Æ<ehcW fWhj[ Z[b XeWje l[h feh bk`eie gk[ i[W$ BW cWZh[ Z[b fh‡dY_f[ =k_# W bW del_W o W ik fWZh[ [d kdW bb[hce bW fh_dY[iW :_WdW " ik YWhhepW Z[ Yh_ijWb$ Kd YeY^[ de WXk[bW bW h[_dW ?iWX[b ?? o ik [i [nWYjWc[dj[ be c_ice$ I[W X_iWXk[bW bW Ăˆh[_dW cWZh[É bb[# feh hWped[i Z[ i[]kh_ZWZ e feh ]Whed [d YWhhepW" h[Yk[hZWd bei [b[YY_ÂŒd f[hiedWb Z[ bW del_WÇ" W]h[]ÂŒ$ ^_ijeh_WZeh[i$
;b :W_bo C_hheh Y_jÂŒ W bW c_i# cW [nf[hjW gk[ WZ[bWdjÂŒ gk[ ÆbW hWpÂŒd feZh‡W i[h gk[ AWj[ [i WfWh[dj[c[dj[ Wbƒh]_YW W bei YW# XWbbeiÇ$ Æ7b c[dei feZh| bb[]Wh i_d i[dj_hi[ cWbÇ" Yec[djÂŒ Wb J_# c[i >k]e L_Ya[hi" X_ÂŒ]hW\e Z[ bei M_dZieh" ikXhWoWdZe bW _d# YeceZ_ZWZ Z[ bW XWcXeb[Wdj[ ÆYWhhepW Z[ Yh_ijWbÇ Yedijhk_ZW [d '..' o kj_b_pWZW [d bWi XeZWi h[Wb[i$ I[]‘d Yed\[iÂŒ kd Yedi[`[he WdÂŒd_ce Z[ bW fWh[`W [d [b :W_# bo ;nfh[ii" Ægk[h‡W kdW bb[]WZW Z_iYh[jW YecfWj_Xb[ Yed ik [ijW# jki Z[ IhjW$ C_ZZb[jed o kdW iW# b_ZW [ifb[dZeheiW Z_]dW Z[ kdW fh_dY[iWÇ$ FWhW [b :W_bo CW_b" i[h‡W kdW c[pYbW Z[ ÆceZ[ij_WÇ" ceZ[hd_# ZWZ o W^ehhe$ Bei fkh_ijWi" i_d [cXWh]e" fe# Zh|d YediebWhi[ Yed [b h[Yehh_Ze [djh[ bW 7XWZ‡W o 8kYa_d]^Wc FWbWY[" gk[ bei h[Y_ƒd YWiWZei [\[YjkWh|d [d YWhhepW h[if[jWd# Ze [b Æ_j_d[hWh_e jhWZ_Y_edWbÇ$
,/(#9 ĹŠ #+ĹŠ Â .ĹŠ!.-ĹŠ ,4!'.ĹŠ31 ).
ĹŠ 13(23 ĹŠ#23;ĹŠ"#ĹŠ5(Äą 2(3 ĹŠ#-ĹŠ !4 ".1ĹŠ/ 1 ĹŠ 1# +(9 1ĹŠ4- ĹŠ/ 13#ĹŠ"#ĹŠ 24ĹŠ"(2!.ĹŠ"#ĹŠ,ĂŒ2(! ĹŠ - !(.- +Ä“
ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
(#23 ĹŠ"#ĹŠ+ -9 ,(#-3.ĹŠ
.Ŋ!1#.Ŋ04#Ŋ#23#Ŋ  .Ŋ 5 Ŋ Ŋ2#1Ŋ 23 -3#Ŋ 4#-.ĔŊ$14!3~$#1.ēŊ 23 ,.2Ŋ#,/#9 -".Ŋ!.-Ŋ $4#19 ĔŊ!.-Ŋ$#Ŋ8Ŋ!.-Ŋ 4#-Ŋ !.1 9¢-ĢēŊ Ŋ
BW YWdjWdj[ [YkWjeh_WdW Z[ c‘# Ŋĸ ĹŠ Ěē i_YW Yh_ij_WdW o ]WdWZehW Z[ kd =hWcco BWj_de" FWkb_dW 7]k_# o fehgk[ bW c_]hWY_ÂŒd j[ YWkiW hh[" gk_[d i[ [dYk[djhW Z[ fWie i[dj_c[djWbc[dj[ kdW h[ifed# feh [b fW‡i" ^WXbÂŒ ieXh[ iki fhe# iWX_b_ZWZ Z[ Yh[Wh o ^WY[h YeiWi gk[ fk[ZWd fheo[YjWh W dk[ijhe o[Yjei fWhW [ij[ (&''$ ;ceY_edWZW Z[ [ijWh dk[lW# fW‡i ^WY_W W\k[hWÇ" Z_`e FWkb_dW$ c[dj[ [d ik j_[hhW" bW Whj_i# jW YedjÂŒ gk[ [ij[ W‹e fW# ĹŠ #!'.ĹŠ#-ĹŠ !4 ".1 iWh| Z[ bb[de [d [b [ijkZ_e" 7Z[c|i" bW YWdjWdj[ Yed# oW gk[ fh[fWhW kd Z_iYe Z[ jÂŒ gk[ ZkhWdj[ ik [ijWZ‡W DWl_ZWZ" kde Z[ c‘i_YW .8ĔŊ 4+(- ĹŠ #23 1;ĹŠ#-ĹŠ+ ĹŠÄ?, ĹŠ [d ;YkWZeh ]hWXWh| jeZW Yh_ij_WdW `kdje W YWdjWdj[i #"(!(¢-ĹŠ"#+ĹŠ!.-Äą bW fWhj[ gk[ j_[d[ gk[ l[h c[n_YWdei" ejhe iÂŒbe Z[ !(#13.ĹŠ"#ĹŠÄĽ  .ĹŠ Yed bei _dijhkc[djei Wd# 4#5.ČĔŊ#-ĹŠ#+ĹŠ ck`[h[i gk[ Z[Ă’ [dZ[d bei :%.1 ĹŠ"#ĹŠ+ ĹŠ ĹŠ Z_dei o ^Wh| lWh_ei Yed# "#ĹŠ 4(3.ĔŊ ĹŠ+ 2ĹŠ Z[h[Y^ei Z[b ]ƒd[he \[c[# ĉćĖććēŊ  - ĹŠ jWYjei Yed \Wceiei jh‡ei d_de o kde cko [if[Y_Wb0 Z[ 2#ĹŠ/1#2#-3 1;ĹŠ#-ĹŠ fWhW gk[ i[Wd fWhj[ Z[ ik +(- 2Ä“ c‘i_YW dWY_edWb$ fheZkYY_ÂŒd$ ÆBW _Z[W Z[ ^WY[h kd Æ;ijWcei l_[dZe oW Z_iYe Z[ c‘i_YW dWY_edWb dWY_ÂŒ bei j[cWi gk[ [djhWh|d [d [b |b# fh_c[he feh i[dj_hc[ eh]kbbe# Xkc o oW j[d]e Zei i[]khei0 ĂˆF[# iW Z[ c_i hW‡Y[i [YkWjeh_WdWi gk[‹W Y_kZWZWdWÉ o Ăˆ7 jW`_jei Z[
^ Ä“ĹŠ 4+(- ĹŠ1#!( (¢Ŋ4-ĹŠ 1 ,,8ĹŠ 3(-.ĹŠ#-ĹŠ+ ĹŠ! 3#%.1~ ĹŠÄĽ #).1ĹŠ;+ 4,ĹŠ"#ĹŠ ,ĂŒ2(! ĹŠ!1(23( - ČĔŊ/.1ĹŠ24ĹŠ"(2!.ĹŠÄĽ 2/#1 -".ĹŠ34ĹŠ5.9ČĔŊ#-ŊĉććĒē
Æ;ijW <kdZWY_ÂŒd WokZWh| W YW‹WÉÇ" Wi[]khÂŒ bW _djƒhfh[j[ Z[ ck`[h[i gk[ W f[iWh Z[ i[h cW# Ăˆ9kWdZe c[ lWoW Z[ Wgk‡É$ Zh[i iebj[hWi" l_kZWi" cWZh[i WZeb[iY[dj[i$$$ ^Wd iWX_Ze iWb_h -ĹŠ/1.ĹŠ"#ĹŠ+ ĹŠ,4)#1 Feh ejhe bWZe" i[‹WbÂŒ gk[ oW ^W WZ[bWdj[Ç" cWd_\[ijÂŒ o [nfh[iÂŒ [cf[pWZe [d [b fheY[ie Z[ [bW# gk[ Wkdgk[ [d kd _d_Y_e iÂŒbe XehWY_ÂŒd Z[ `eoWi" gk[ i[h|d i[h| [d ;YkWZeh" bk[]e fh[j[dZ[ kj_b_pWZWi fWhW h[YWkZWh \edZei [nj[dZ[hbW feh ejhei fW‡i[i$ fWhW ik \kdZWY_ÂŒd ĂˆCk`[h Z[ \[É$
4(#1#-ĹŠ ĹŠ #!4 3.1( - 2
5#-341 ĹŠ)41;2(!
I[]‘d @[i‘i =WXWb|d" _dj[# ]hWdj[ Z[ bW XWdZW o Zk[‹e Z[ ik b[jhW" BW Ikfh[cW 9ehj[ h[W# b_pWh| kd YedYkhie o c[Z_Wdj[ i[b[YY_ÂŒd efjWh| feh [iYe][h W kd f[gk[‹e ]hkfe Z[ Ăˆ]kWoW# š 9ed c|i Z[ (& W‹ei YWiÉ fWhW gk[ fWhj_Y_f[d [d [b Z[ jhWo[Yjeh_W cki_YWb" BW Ik# l_Z[eYb_f$ ÆFeZh|d ^WY[hbe Z[ jeZei bei h_dYed[i o bWi fh[cW 9ehj[" bW ehgk[i# fWhj_Y_fWdj[i de d[Y[# jW YebecX_WdW gk[ ^_pe ĹŠ iWh_Wc[dj[ Z[X[d j[d[h \kheh j[cWi Yece ĂˆFeh Wb]‘d j_fe Z[ [nf[h_[dY_W gkƒ \WbbWij[É" ĂˆKd WcWd# [d WYjkWY_ÂŒd e ceZ[bW`[" j[ Yece oeÉ" ĂˆFeh gkƒ j[ ĹŠ.104#23 ĹŠ2#ĹŠ $.1,¢Ŋ#-ĹŠ 2#ĹŠ \k_ij[É" [djh[ ejhei" Xki# "#ĹŠ31#2ĹŠ31., .Äą fehgk[ be gk[ gk[h[cei ceijhWhb[ Wb ckdZe [i bW YW [d [b fW‡i W bWi ZWcWi -#2ĔŊ".2ĹŠ3#!+ Äą ".2ĹŠ"#ĹŠ/( -.ĹŠ8ĹŠ l[hZWZ[hW _cW][d Z[ bWi gk[ i[h|d bWi ceZ[bei 2(-3#3(9 ".1ĔŊ ).ĔŊ/#1!42(¢-ĔŊ ck`[h[i [YkWjeh_WdWiÇ$ Z[ ik fhÂŒn_ce l_Z[e .-%.ĔŊ3(, +ĔŊ !.-% 2ĹŠ8ĹŠ31#2ĹŠ BW ehgk[ijW j_[d[ fh[# cki_YWb$ 5.! +(23 2Ä“ l_ije l_i_jWh [b fW‡i W _d_# Ăˆ=kWoWgk_b[‹WÉ [i Y_ei Z[ \[Xh[he" ZedZ[ oW Yece i[ j_jkbW [b dk[le j[cW Z[ [ijW W]hkfWY_ÂŒd o gk[ j_[d[d kdW W][dZW Z[ fh[i[d# bW ehgk[ijW ^W Z[Y_Z_Ze ZWhb[ jWY_ed[i [d IWb_dWi" 7jWYWc[i" Z_ij_dY_ÂŒd [d jeZe Wif[Yje o i[ ;ic[hWbZWi o =kWoWgk_b$ 7^‡ Wfh[ijWd W XkiYWh `kijWc[dj[ W ZWh|d Z[jWbb[i YedY[hd_[dj[i W ik YedYkhie$ bW ck`[h Z[ [ijW j_[hhW$
BW [nfei_Y_ÂŒd [ij| Yecfk[i# Feh fh_c[hW l[p bb[]W W ;YkW# Zeh [b fWhgk[ j[c|j_Ye Z[ Wd_# jW feh Z_deiWkh_ei heXej_pWZei cWjhed_Yi W [iYWbW h[Wb Ăˆ:‡Wi W [iYWbW h[Wb" W bei gk[ i[ ikcW kd |h[W _dj[hWYj_lW" Zed# Z[ Z_deiWkh_ei$$$kdW Z[ bei d_‹ei i[ feZh|d [nf[h_[dY_W `kh|i_YWÉ" [b ĹŠ fed[h [d bW f_[b Z[ bei fW# YkWb ^W i_Ze kd ƒn_je [d b[edjÂŒbe]ei o Z_i\hkjWh|d ;ijWZei Kd_Zei o fW‡i[i
2ĹŠ#2/#!(#2ĹŠ"#ĹŠ Z[ l[h W bei Z_deiWkh_ei Z[ ;khefW$ "(-.2 41(.2ĹŠ#+#Äą ;ijW ck[ijhW" gk[ [i# %(" 2ĔŊ242ĹŠ,#"(Äą [d cel_c_[dje$ Hƒfb_YWi Z[ [nYWlW# jWh| Z[iZ[ ^eo ^WijW [b " 2ĔŊ,.5(,(#-Äą 3.2ĹŠ8ĹŠ143(- 2ĹŠ2#ĹŠ Y_ed[i" kd Y_d[ )#: Zed# Zec_d]e ', Z[ [d[he [d "(2# 1.-ĹŠ 2(%4(#-".ĹŠ#+ĹŠ 2#Äą [b 9[djhe Z[ ;nfei_Y_e# 2.1 ,(#-3.ĹŠ"#ĹŠ Z[ i[ h[l[bWd ckY^Wi _dYÂŒ]d_jWi" [ifWY_ei Z[ d[i Gk_je" f[hc_j[ h[# 4-ĹŠ#04(/.ĹŠ"#ĹŠ / +#.-3¢+.%.2Ä“ Z_Xk`ei o kd Wh[d[he l_l_h [b ckdZe Z[ [ijei fWhW gk[ bei Y^_Yei `k[# ]_]Wdj[iYei Wd_cWb[i gk[ \k[hed Zk[‹ei Z[ bW J_[# ]k[d W i[h fWb[edjÂŒbe]ei" ied hhW ^WY[ Y_[djei Z[ c_bbed[i Z[ WYj_l_ZWZ[i gk[ Yecfb[jWd bW [nfei_Y_ÂŒd$ W‹ei$
Ä“ĹŠ ĹŠ 4/1#, ĹŠ .13#ĹŠ$4#ĹŠ$4-" " ĹŠ#-ĹŠÄˆÄ’Ä’Ä‡ĹŠ8ĹŠ2#ĹŠ! 1 !3#1(9 ĹŠ/.1ĹŠ3.! 1ĹŠ ÄĽ2 +2 ĹŠ/#2 " ÄŚÄ“ĹŠ
ĹŠ #ĹŠ+4-#2ĹŠ ĹŠ5(#1Äą -#2Ä–ĹŠ 234"( -3#2ĹŠ Ä¸ÄˆÄ‡Ä–Ä‡Ä‡ĹŠ ĹŠÄˆÄŠÄ–Ä‡Ä‡ÄšĹŠ 8ĹŠ3.".ĹŠ/ĂŒ +(!.ĹŠ Ä¸ÄˆÄŠÄ–Ä‡Ä‡ĹŠ ŊĉćĖććĚēŊ ; ".2ĹŠ8ĹŠ ".,(-%.2ĹŠ Ä¸ÄˆÄ‡Ä–Ä‡Ä‡ĹŠ ŊĉćĖĊćĚēŊ +ĹŠ!.23.ĹŠ#2ĹŠ"#ĹŠ ĹŒÄˆÄ‡ĹŠÄ¸/ĂŒ +(!.ĹŠ %#-#1 +ÄšÄ”ĹŠĹŒÄ‘ĹŠ ĸ-( .2ĚŊ8ĹŠĹŒÄŽĹŠ ĸ#234"( -3#2ĚēŊ
Ä“ĹŠ 2ĹŠ#231#++ 2ĹŠ"#ĹŠ#23 ĹŠ,4#231 ĹŠ2.-ĹŠ4-ĹŠ /(-.2 4142ĹŠ8ĹŠ#+ĹŠ 1!'(!.-.!(".ĹŠ 81 --.2 4142ĹŠ #7Ä“ĹŠ
Ä Ä
Ŋš HeYae 8bWijo \eje " <Wkije C_‹e" [b ]hkfe YebecX_Wde 7hi[dWb o Bei _b[]Wb[i Z[ H[f‘Xb_YW :ec_d_YWdW " ied bei Wh# j_ijWi YedĂ’ h# cWZei fWhW bW c[]W\WhhW gk[ fh[fWhW D[m CeZ[b CW]Wp_d[" bW dk[lW fkXb_# YWY_ÂŒd d[jW# c[dj[ Z[ \Wh|dZkbW o gk[ [ij| Z_h_]_ZW feh CÂŒd_YW 9[Z[‹e [n Z_h[YjehW Z[ JLoDel[bWi $ ;b (- Z[ [d[he i[h| bW Y_jW [d [b 9[djhe Z[ 9edl[dY_ed[i$ FWbecW <_kpW WfWh[Y[ [d bW fh_c[hW fehjWZW" gk_[d h[l[bÂŒ Æiki i[Yh[jei c|i ‡dj_ceiÇ$
-ĹŠ+ ĹŠ3(#11 ĹŠ "#ĹŠ+ ĹŠ2 , ĹŠ
} ĹŠ ĹŠ Ŋš BW Whj_ijW Xh_# j|d_YW 7co M_d[^eki[ bb[]ÂŒ [b c_ƒhYeb[i W 8hWi_b" ZedZ[ [d bei fhÂŒn_cei Z‡Wi e\h[Y[h| Y_dYe YedY_[hjei" fWhW gk[ iki i[]k_Zeh[i fk[ZWd Wfh[Y_Wh bWi YkWb_ZWZ[i Z[ kdW lep gk[ i[ ck[l[ [djh[ [b iekb o [b `Wpp$ BW febƒc_YW YWdjWdj[ i[ ^eif[ZW [d kd bk`eie ^ej[b kX_YWZe [d [b Xe^[c_e XWhh_e YWh_eYW Z[ IWdjW J[h[iW" Yeckd_YWZe Yed [b Y[djhe Z[ bW Y_kZWZ feh kd f_djeh[iYe jhWdl‡W$ 7Z[c|i Z[ H‡e Z[ @Wd[_he" bW YWdjWdj[ ^W [b[]_Ze IWe FWkbe" bW Y_kZWZ c[h_Z_edWb Z[ <be# h_WdÂŒfeb_i o bW deheh_[djWb Z[ H[Y_\[ Yece [iY[dWh_ei Z[ iki WYjkWY_ed[i" [djh[ [b . o [b '+ Z[ [d[he$ ĹŠ
+ĹŠ"(2!.ĹŠ,;2ĹŠ5#-"(".ĹŠ
Ŋ: ŊěŊ;b c|i h[Y_[dj[
9: Z[ ;c_d[c h[ikbjÂŒ [b |bXkc c|i l[dZ_Ze Z[b W‹e gk[ YedYbkoÂŒ$ ĂˆH[Yel[hoÉ l[dZ_ÂŒ )"* c_bbed[i Z[ Yef_Wi Z[iZ[ `kd_e" YkWdZe bb[]ÂŒ W bWi j_[dZWi" Z[ WYk[hZe Yed D_[bi[d IekdZIYWd$ ;b i[]kdZe bk]Wh Z[ bW b_ijW [i D[[Z Oek Dem" Z[ BWZo 7dj[X[bbkc" gk[ l[dZ_ÂŒ kdei )"' c_bbed[i Z[ Z_iYei$ If[Wa Dem o [b j[hY[h |bXkc Z[ JWobeh Im_\j" gk[ i[ bWdpÂŒ W Ă’ dWb[i Z[ eYjkXh[" \k[ [b j[hY[h bk]Wh" Yed kdei ("/, c_bbed[i Z[ Yef_Wi l[dZ_ZWi$ ĹŠ
ŏ ŏ
ŏ
āĂ
ŏ ĀĈŏ ŏ ŏ ŏĂĀāāŏ
ŏ +. Čŏ
ũ ũũ ũ ũ 42ũ"#$#!3.2Ėũ
?cfh[i_edWXb[i" ikiY[fj_Xb[i W bWi [d\[hc[ZWZ[i" f[h\[YY_e# d_ijWi [d [nY[ie" Z[jWbb_ijWi" Yh j_Yei Yedi_]e c_icei o bei Z[c|i$
#2ũ %1 " Ėũ
Gk[ bei cej_l[d o bei jhWj[d Yed i[di_X_b_ZWZ$
#2ũ"#2 %1 " Ėũ
:WZe gk[ ied cko _cfh[i_edW# Xb[i" de iefehjWd bWi fWjebe] Wi d_ bWi i_jkWY_ed[i jh_ij[i$
. (#1- ũ#-ũ#+ũ!4#1/.Ėũ
H[]_ d WXZec_dWb" _dj[ij_dei" b Xkbe _d\[h_eh Z[b ^ ]WZe" XWpe o ZkeZ[de$
2/#!3.ũ#2/(1(34 +Ėũ
Fei[[d kd ]hWd Zed fWhW Yedl[dY[h W bei Z[c|i" feh be jWdje" i_ f[hj[d[Y[ W [ij[ i_]de Z[X[ WokZWh jhWdic_j_[dZe c[diW`[i Z[ Wkje[ij_cW o [if_# h_jkWb[i W bei Z[c|i$
2/#!3.ũ,#-3 +Ėũ
BW _dÓk[dY_W \k[hj[ Z[b cWj[# h_Wb_ice ieXh[ [bbei" ckY^Wi l[Y[i" bei YedZkY[ W jehc[djei c[djWb[i$
+(,#-3.2ũ / 1 ũ24ũ2 +4"Ėũ
BW YWhd[ i_[cfh[ WiWZW o WYecfW WZW Z[ l[hZkhWi o ^ehjWb_pWi Yece [b W]kWYWj[" bW pWdW^eh_W" dWXei o fWfWi$ ;b fWd _dj[]hWb o bWi fWijWi jWcX_ d o jeZei bei Y[h[Wb[i i_d [nY[fY_ d b[ \Wleh[Y[d$
!4/ !(.-#2Ė
BWi c|i Yeckd[i ied Z[ Y_[dj ÒYei [ _dl[ij_]WZeh[i$ Bei YWh]ei Z[ fhe\[ieh" bWXehWje# h_ijWi" gk c_Yei o j[Yd be]ei [d YecfkjWZehWi ied bei c|i WZ[YkWZei$ 7Zc_d_ijhWZeh[i Z[ [cfh[iWi o jhWXW`e [d bei XWdYei jWcX_ d b[ \Wleh[Y[$
ũ ũ ¡ Ĕũ ũ ¡ Ĕ ĖũũũĉĉČďıĉćĐũ #+4+ 1ĖũćĒĎďĊćĊććũ 666ē!#-31.-4#5 #1 ē.1%ũ (1, + 3ľ%, (+ē!.,
(1%.
ũĉČũ ũ ũ ũĉĊũ ũ
ũ 0 ;b [b[c[dje j_[# hhW" [b fbWd[jW C[hYkh_e" [b Z W c_ hYeb[i" Yebeh l_eb[jW" c[jWb c[hYkh_e" f_[ZhW jefWY_e o f_h_# jW" bei ^[b[Y^ei o Yh_iWdj[cei" bei d c[hei , o /$
ũũ Ė 9edijhkYj_lei" WdW#
b j_Yei" _dl[ij_]WZeh[i" i[hl_Y_Wb[i" YecX_dWd be fh|Yj_Ye Yed be _Z[Wb$ Ied Yk_ZWZeiei" fhkZ[dj[i" c[j # Z_Yei" _d][d_eiei" _djheif[Yj_lei o WZc_d_ijhWZeh[i$
¡ Ėũũũ 2ũ(,/.2( +#ũ'#1(1ũ.ũ/#1341 1ũ- " ũ"#ũ+.ũ04#ũ #2ũ (.2ũ8Ĕũ/.1ũ+.ũ,(2,.Ĕũ^+ũ-.ũ-#!#2(3 ũ 42! 1ũ5#-% -9 ũ-(ũ (,/.-#1ũ! 23(%.2ē
-#1. ŗũũ ,/(#9 ũ#+ũ .ũ!.-ũ 4#- 2ũ8ũ, %ı -~ă! 2ũ/.2(!(.-#2ũ/+ -#3 1( 2Ĕũ8 ũ04#ũ
Ì/(3#1ũ#23;ũ#-ũ24ũ2(%-.ũ"41 -3#ũ3.".ũ#+ũ .ēũ 4ũ/#12.- +(" "ũ2#ũ/1#2#-3 ũ2 ( Ĕũ 2#1( ũ8ũ./3(,(23 ēũ 4#"#ũ3., 1ũ"#!(2(.ı -#2ũ!.-ũ/1.+()(" "ũ8ũ2#-2 3#9ēũ
2ũ1#+ !(.-#2ũ!.-ũ242ũ'().2ũ,#).1 -ũ -.3 +#,#-3#ũ8ũ' 8ũ,;2ũ!.-ă -9 ũ8ũ 31 -04(+(" "ũ!.-ũ#++.2ēũ 4ũ!1# 3(5(" "ũũ ",(-(231 3(5 ũ8ũă- -!(#1 ũ,#).1 ũ8ũ +! -9 ũ+.%1.2ũ ũ31 5_2ũ"#ũ#++ ē
8. ŗũũ 4ũ,#-3#ũ2#ũ!#-31 ũ"41 -3#ũ#23#ũ ,#2ũ#-ũ "04(1(1ũ, 8.1ũ!.-.!(,(#-3.ũ 24/#1(.1ũ8ũ2. 1#ũ3.".ũă+.2¢ă!.ũ04#ũ !. "845#ũ +ũ"#2 11.++.ũ#2/(1(34 +ēũ
.2ũ5( )#2ũ$4#1 ũ"#+ũ/ ~2ũ8ũ+ 2ũ1#+ !(.-#2ũ !.-ũ#731 -)#1.2ũ++ , -ũ24ũ 3#-!(¢-ũ8ũ+.2ũ -#%.!(.2ũ04#ũ/4#" ũ. 3#-#1ũ!.-ũ#++.2ũ+#ũ $ 5.1#!#-ēũ 3(#-" ũ!.-ũ, 8.1ũ"(+(%#-!( ũ 8ũ1#2/.-2 (+(" "ũ24ũ31 ).ũ8ũ/1.!41#ũ ,#).1ũ1#+ !(¢-ũ!.-ũ242ũ!.,/ #1.2ũ"#ũ + .1#2ē
#/3(#, 1#
# 1#1. ŗũũ 4ũ+4% 1ũ"#ũ31
).ũ8ũ24ũ2 +4"ũ2.-ũ !#-31.2ũ".-"#ũ '.1 ũ#-$.! ũ24ũ 3#-ı !(¢-ēũ .".ũ3(/.ũ"#ũ, -#).ũ"#ũ3#!-.+.%~ ũ -4#5 ũ+#ũ/4#"#-ũ$ 5.1#!#1ũ '.1 ũ#-ũ24ũ 2(3(.ũ"#ũ+ .1ēũ -(!(#ũ4-ũ31 3 ,(#-3.ũ ũ 2#ũ"#ũ,#"(!(- ũ- 341 +ũũ8ũ +3#1- 3(5 ũ / 1 ũ/.-#1ũ24ũ2(23#, ũ-#15(.2.ũ#-ũ,#ı ).1#2ũ!.-"(!(.-#2Ĕũ#5(3#ũ+.2ũ$;1, !.2ēũ 4ũ2(23#, ũ!(1!4+ 3.1(.ũ3 , (_-ũ/4#"#ũ #23 1ũ $#!3 ".Ĕũ/.1ũ#23.ũ1# +(!#ũ#)#1!(!(.ũ 8ũ/1.!41#ũ4- ũ +(,#-3 !(¢-ũ24 5#ē
4-(. ŗũũ 42ũ)#$#2ũ#-ũ#+ũ31
).ũ8ũ+ 2ũ/#12.- 2ũ 04#ũ#)#19 -ũ 43.1(" "ũ ++~ũ2#ũ54#+5#-ũ (,/.13 -3#2ũ/ 1 ũ242ũ1# +(9 !(.-#2ũ8ũ +.%1.2ũ"41 -3#ũ#23#ũ,#2ēũ 73#1(.1(!#ũ %(+(" "ũ8ũ5(5 !(" "ũ#-ũ24ũ31 ).ũ8ũ !3Ì#ũ!.-ũ!#+#1(" "Ĕũ#23.ũ+#ũ2#1;ũ"#ũ%1 -ũ /.8.ēũ 4("#ũ24ũ +(,#-3 !(¢-Ĕũ/1#2!(-ı " ũ"#ũ!.,(" 2ũ/#2 " 2Ĕũ1#!4#1"#ũ04#ũ 24ũ(-3#23(-.ũ3(#-"#ũ ũ1#2#-3(12#ēũ -3#ũ 3.".ũ!.-31.+#ũ+ 2ũ -2(#" "#2ũ8ũ,(#".2ēũ )#1!(!(.2ũ$~2(!.2ũ8ũ,#-3 +#2ũ+#ũ 84" -ėũ #5(3#ũ+ ũ5(" ũ2#"#-3 1( ē
!34 1#
19. ŗũũ 23#ũ,#2ũ ,#1(3 ũ4-ũ"(;+.%.ũ2(-!#1.Ĕũ 1 9.- +#ũ8ũ, "41.ũ!.-ũ24ũ/ 1#) ũ/ 1 ũ !+ 1 1ũ+ 2ũ!.-$42(.-#2ũ8ũ!.-Ą(!3.2ũ 5(5(".2ũÌ+3(, ,#-3#ēũ 2ũ2.!(#" "#2ũ !.,#1!( +#2ũ04#ũ3#-% ũ3 , (_-ũ2.-ũ "(%- 2ũ"#ũ 3#-!(¢-ũ8ũ"#ũ4- ũ,#).1ũ !.,4-(! !(¢-ũ8ũ!.-ă -9 ē 4ũ/#12.- +(" "ũ%#-#1.2 Ĕũ#7/ -2(5 ũ 8ũ3.+#1 -3#ũ+#ũ/#1,(3(1;ũ++#% 1ũ ũ 4#- 2ũ 2.+4!(.-#2ēũ .ũ2#ũ.+5("#ũ"#ũ/1.!41 1ũ , 8.1ũ 3#-!(¢-ũ ũ24ũ'.% 1ē
4+(. ŗũũ (ũ#,/+# ũ/#12(23#-!( Ĕũ,_3.".ũ8ũ
!.-5(!!(¢-ũ#-ũ+ ũ1# +(9 !(¢-ũ"#ũ242ũ /1.8#!3.2ũ8ũ#-ũ+ ũ /+(! !(¢-ũ"#ũ242ũ 3_!-(! 2Ĕũ#23.2ũ/4#"#-ũ!.-2.+(" 12#ũ /.2(3(5 ,#-3#ũ#-ũ#23#ũ,#2ēũ 1. +#ı ,#-3#ũ#+ũ!+ 1.ũ8ũ 4#-ũ /.8.ũ/.1ũ/ 13#ũ "#ũ242ũ ,(%.2ũ/#1,(3(1;ũ+ ũ!.-2#!4!(¢-ũ 2#%41 ũ"#ũ242ũ,#3 2Ĕũ /1.5_!'#+ 2ēũ #2#!'#ũ+ 2ũ"(2!42(.-#2ũ(--#!#2 1( 2ũ !.-ũ24ũ/ 1#) ũ8ũ,4#231#ũ/14"#-!( ũ!.-ũ 242ũ2.!(.2ēũ .-31.+#ũ"#ũ,#).1ũ, -#1 ũ ũ 242ũ#,/+# ".2Ĕũ-.ũ!.-$~#ē
.5(#, 1#
1(+ ũŗũũ 4ũ!.-!(#-!( ũ(-3#1- ũ2#ũ$.13 +#!#ũ8ũ /4#"#ũ+.%1 1ũ ũ31 5_2ũ"#ũ+ 2ũ,#"(3 ı !(.-#2ũ.ũ/1;!3(! 2ũ"#ũ(-3#1(.1(9 !(¢-ũ 5#1" "#1 2ũ#7/#1(#-!( 2ũ,~23(! 2ũ04#ũ+#ũ /1.!41 1;-ũ4-ũ%1 -ũ +! -!#ũ#2/(1(34 +ēũ
.2ũ! , (.2ũ./.134-.2ũ/ 1 ũ,#).1 1ũ + 2ũ1#+ !(.-#2ũũ $#!3(5 2ũ!.-ũ+.2ũ248.2ũ #-ũ24ũ'.% 1ũ"# #ũ' !#1+.2ũ '.1 ũ04#ũ+ ũ 2(34 !(¢-ũ#2ũ/#13(-#-3#ēũ 2ũ!.,/1 2ũ"#ũ (-,4# +#2Ĕũ! , (.2ũ"#ũ1#2("#-!( ũ3 ,ı (_-ũ+#ũ$ 5.1#!#-ēũ #).1#ũ+ 2ũ1#+ !(.-#2ũ !.-ũ242ũ/ "1#2ē
%.23. ŗũũ #ũ3.1- ũ - +~3(!.Ĕũ2#-2(
+#ũ#ũ(-31.2ı /#!3(5.ũ"41 -3#ũ#23#ũ,#2Ĕũ8 ũ04#ũ2#ũ /1#23 ũ ũ3#1,(- 1ũ4- ũ1#5.+4!(¢-ũ2.+ 1ũ ,;2Ĕũ+ ũ,(2, ũ04#ũ+.ũ' 1;ũ#+ũ"~ ũ"#ũ24ũ !4,/+# .2ēũ
2ũ1#+ !(.-#2ũ!.-ũ24ũ/ 1#) ũ#23 1;-ũ "#-31.ũ"#ũ242ũ;1# 2ũ"#ũ242!#/3( (+(" "ėũ #2ũ,#).1ũ, -3#-#1ũ1#Ą#7(¢-ũ8ũ"(2!#1ı -(,(#-3.ũ/.1ũ '.1 ēũ 5(3#ũ/1. +#, 2ũ +#% +#2Ĕũ+.2ũ)4(!(.2ũ-.ũ+#ũ2.-ũ1#!.,#-" ı +#2ēũ -#1%~!#2#ũ!.-ũ+ ũ- 341 +#9 ē
(!(#, 1#
1#) ũ("# +Ėũ
I_d bW 9WhjW DWjWb Yecfb[jW feZ[cei Z[b_d[Wh bW Yec# fWj_X_b_ZWZ i be Z[ cWd[hW ][d[hWb$ 7i " L_h]e i[h W Yec# fWj_Xb[ Yed kdW f[hiedW Ykoe i_]de WiY[dZ[dj[ i[W JWkhe o 9Wfh_Yehd_e1 Ykoe i_]de peZ_WYWb i[W F_iY_i" ;iYehf_ d" 9|dY[h o JWkhe$
#74 +(" "Ėũ
FWhW bei ^ecXh[i Z[ L_h]e [b i[ne eYkfW kd fbWde jejWb# c[dj[ i[YkdZWh_e$ De i[ [d# jh[]Wd \|Y_bc[dj[ W bW fWi_ d" ied ceZ[hWZei o c[j Z_Yei$ BW ck`[h l_h]_d_WdW [i Z[ dW# jkhWb[pW \h W$ ;i cko WcWdj[ Z[ bW YWiW o ik[b[d i[h ^e]Wh[# Wi" h[if[jkeiWi o Ò[b[i W iki [ifeiei$
ŗũũ 23#ũ,#2ũ24ũ- 341 +#9 ũ"#23#++ Ĕũ/.1ũ +.ũ04#ũ2#ũ,4#231 ũ2#-2( +#Ĕũ $#!3(5.ũ 8ũ 3#-3.ēũ 4ũ(-3#+(%#-!( ũ8ũ! / !(" "ũ - +~3(! ũ2.-ũ,;2ũ-.3.1( 2ũ04#ũ"#ũ !.234, 1#ũ8ũ#23.ũ /.8 ũ"#!("(" ,#-3#ũ #-ũ24ũ+4% 1ũ"#ũ31 ).ēũ 2ũ1#+ !(.-#2ũ 2#-3(,#-3 +#2ũ!.-ũ24ũ/ 1#) ũ2#ũ,4#2ı 31 -ũ4-ũ3 -3.ũ +#) " 2ũ8ũ$1~ 2ėũ31 3#ũ"#ũ ,(- 1ũ+ 2ũ"(23 -!( 2ũ ++~ēũ 4ũ2 +4"ũ"# #ũ 3#-"#1+ ũ"41 -3#ũ#23#ũ,#2ėũ.!Ì/#2#ũ"#ũ 24ũ(-3#23(-.ēũũ
ŗũũ .-%1#% ũ24ũ 3#-!(¢-ũ#-ũ242ũ1#!41ı
2.2ũă- -!(#1.2Ĕũ+.2ũ,(2,.2ũ04#ũ3(#-"#-ũ ũ+(,(3 12#ũ8ũ!1# 1ũ/.2( +#2ũ!.,/+(! !(.ı -#2ũ$4341 2ēũ
ũ(-2 3(2$ !!(¢-ũ(-3#1- ũ, 1! " ũ04#ũ , -3(#-#ũ/4#"#ũ2#1ũ+ ũ! 42 ũ"#ũ#23.2ũ . 23;!4+.2Ĕũ/.1ũ+.ũ3 -3.ũ#2ũ(,/.13 -3#ũ 04#ũ 24, ũ!.-!(#-!( ũ"#ũ#++.ũ8ũ31 3#ũ "#ũ! , ( 1ēũ .3#-!( +(!#ũ+ 2ũ1#+ !(.-#2ũ !.-ũ242ũ2.!(.2ũ/ 1 ũ04#ũ,#).1#-ũ242ũ -#%.!(.2ē
ŗũũ 23#ũ,#2ũ#2ũ/1. +#ũ04#ũ2(#-3 ũ -#!#2(" "ũ"#ũ 2.!( 12#ũ!.-ũ.31 2ũ /#12.- 2ũ/ 1 ũ 24-3.2ũ!.,#1!( +#2ũ.ũ"#ũ -#%.!(.2Ĕũ+.ũ!4 +ũ+#ũ!.-5#-"1~ ēũ .2ũ1#ı !412.2ũ#!.-¢,(!.2ũ"#ũ24ũ/ 1#) ũ3(#-"#-ũ ũ#23 (+(9 12#ũ8ũ Ì-ũ ũ/1.%1#2 1Ĕũ#23.ũ +#ũ31 -04(+(9 ēũ .2ũ5( )#2ũ!.13.2ũ"#-31.ũ "#+ũ/ ~2ũ/.1ũ5 ! !(.-#2ũ.ũ 24-3.2ũ"#ũ -#%.!(.2ũ+#ũ 84" -ēũ 4ũ! 1;!3#1ũ2#ũ/1#ı 2#-3 ũ1#!(.ũ8ũ"#!("(".Ĕũ#23.ũ+#ũ/#1,(3#ũ 3#-#1ũ, 8.1ũ! / !(" "ũ"#ũ"#231#9 2ũ#-ũ 24ũ31 ).ē
#!' 2ũ-#% 3(5 2ũ/ 1 ũ !3(5(" "#2ũ (,/.13 -3#2ũ#-ũĉćĈĈ ŗũũ 1#2#-3 ,.2ũ+ 2ũ"(23(-3 2ũ$#!' 2ũ04#ũ-.ũ2.-ũ/1.!+(5#2ũ/ 1 ũ!(#13.2ũ 24-3.2ē #-% ũ#-ũ!4#-3 ũ#23 ũ(-$.1, !(¢-ũ +ũ1# +(9 1ũ"(+(%#-!( 2ũ!.,.ũ5( ) 1ũ#-ũ 5(¢-ũ.ũ 1!.Ĕũ!.,ı
/1 1ũ4- ũ! 2 Ĕũ-#%.!(.2Ĕũ 43.,¢5(+Ĕũă1, ũ"#ũ!4 +04(#1ũ!.-31 3.Ĕũ!(14%~ 2Ĕũ4-(.-#2ũ, 31(,.ı -( +#2Ĕũ1#+ !(.-#2ũ ,.1.2 2Ĕũ!.,/1.,(2.2Ĕũ#-31#ũ.31 2ũ!.2 2ē
ũũũũũũũũũũũũũũũũũũũũũũ } ũ ũ ũũ ĈĉĔĈĎĔĈĐĔĉĒ ũ ČĔďĔĈĒĔĉĈĔĉČĔĉĐ ũ ĒĔĉćĔĉĈĔĉďĔĉđ ũ ĊĔĈĈĔĈđĔĈĒĔĉĉĔĊć ũ ĈĔĉĊĔĉČĔĉĎ
ũ ĈđĔĈĒĔĉćĔĉĈĔĉďĔĉđ
ŗũũ 23#ũ,#2ũ#2ũ, %-~$(!.ũ/ 1 ũ1#$.19 1ũ+ 2ũ
1#+ !(.-#2ũ $#!3(5 2ũ!.-ũ242ũ'().2ũ8ũ!.-ũ 3.".2ũ04(#-#2ũ$.1, -ũ24ũ'.% 1Ĕũ ũ04(#-#2ũ "# #ũ#7/1#2 1ũ $#!3.ũ8ũ ,(23 "ēũ 4ũ/ 1#) ũ /4#"#ũ04#ũ2#ũ3.1-#ũ +%.ũ +#) " ũ8ũ$1~ Ĕũ !1# -".ũ!.-ũ#23.ũ"($(!4+3 "#2ēũ 1 -.ũ#-ũ (2!(2ũ#23;ũ/1./.1!(.- -".ũ#+ũ"#2/#13 1ũ 5#1" "#1.ũ8ũ+ ũ3., ũ"#ũ!.-!(#-!( ũ#-ũ+.ũ 04#ũ1#2/#!3 ũ ũ242ũ1#+ !(.-#2ũ!.-84% +#2ėũ 04#++ 2ũ5#1" "#1 2Ĕũ 2 " 2ũ#-ũ#+ũ ,.1ũ 2#ũ, -3#-"1;-Ĕũ+ 2ũ.31 2ũ2#ũ1.,/#1;-ēũ 24, ũ+ ũ5#1" "ũ!.-ũ2 ("41~ ē
ũũũũũũũũũũũũũũũũũũũũũũũũũ } ũ ũ
ũ ĉĔĐĔđĔĈĊĔĉćĔĉĒ ũ ĒĔĈĈĔĉĎ ũ đĔĈĐĔĈđĔĉĎĔĉĒ ũ ČĔĈĐĔĉĈĔĉđ ũ ĈĔĈĉĔĈĊĔĈČĔĉĈĔĉĊĔĉď ũũ ĈĔďĔĈĉĔĉĉĔĉĐĔĉĒ
104#Ŋ !(.- +Ŋ ) 2ĔŊ #++#9 Ŋ8Ŋ"(5#12(¢-
ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. ÄŒĹ?
Ä Äƒ
(! ".ĹŠ +ĹŠ-.1.#2Äą 3#ĹŠ"#ĹŠ 4#-! ĔŊ#23#ĹŠ #2ĹŠ4-ĹŠ2(3(.ĹŠ("# +ĹŠ / 1 ĹŠ/1 !3(! 1ĹŠ2#-Äą "#1(2,.ĔŊ! ,/(-%ĹŠ 8ĹŠ/#2! Ä“ĹŠ :[X_Ze W ik ]hWd h_gk[pW dW# jkhWb o Whgk[ebÂŒ]_YW" [b 9W`Wi \k[ Z[YbWhWZe FWhgk[ DWY_e# dWb [b + Z[ del_[cXh[ Z[ '//,$ 7bb‡" bei l_W`[hei i[ ieh# fh[dZ[d Wb l[h kdW ĂˆYWcW l[hZ[É gk[ [dlk[bl[ bei fWhW# `[i gk[ ZWd l_ZW W [ij[ bk]Wh" gk[ [i _Z[Wb fWhW Z_l[hj_hi[ [d c[Z_e Z[ bW dWjkhWb[pW$ CWoehc[dj[ Yedij_jk_Ze feh f|hWce" [i kd ^[hceie fWhW`[ gk[ Yedj_[d[ lWbb[i" bW]ei" c_hWZeh[i o \ehcW# Y_ed[i heYeiWi$ 7bb‡ ^WX_jWd [if[Y_[i Wd_cWb[i o fbWdjWi [dZƒc_YWi gk[ i[ ^Wd WZWf# jWZe Wb ik[be h[YkX_[hje feh kdW YWfW Z[ fW`W$ 7Z[c|i" i[ [dYk[djhWd Ykh_eiei WhXki# jei gk[ l_l[d f[]WZei Wb f_ie o gk[ i[ Wi[c[`Wd W f[gk[# ‹Wi Wbce^WZ_bbWi" e [ifed`Wi" ZedZ[ i[ WbcWY[dW W]kW$
.-24+3#ĹŠ!.-ĹŠ#+ĹŠ#2/#!( +(23 ;ij[ [i kd i[]c[dje Wb YkWb kij[Z fk[Z[ [dl_Whdei iki fh[]kdjWi WY[hYW Z[ YkWbgk_[h [d\[hc[ZWZ" i‡djecW e ceb[ij_W$ Iki _dj[hhe# ]Wdj[i i[h|d Yedj[ijWZWi feh fhe\[i_edWb[i Z[ bW iWbkZ o iWbZh|d fkXb_YWZWi bei c_ƒhYeb[i o l_[hd[i$ ;iYh‡XWdei W0 iWbkZ6bW^ehW$Yec$[Y 1#%4-3 Ä–ĹŠ Ä 2ĹŠ /1#.!4/ !(.-#2ĹŠ #7!#2(5 2ĹŠ /4#"#-ĹŠ , -($#23 12#ĹŠ #-ĹŠ 2~-3., 2ĹŠ $~2(!.2Ä&#x;ĹŠ ĸ 1( - ĹŠ #8#2Äš
ēŊ (Ŋ"#2# ĔŊ/4#"#Ŋ1# +(9 1Ŋ+.2Ŋ1#!.11(".2Ŋ#-Ŋ!.,/  ~ Ŋ"#Ŋ4-Ŋ%4~ Ŋ - 341(23 ē
^Wd [dYedjhWZe (. i_j_ei Whgk[e# bŒ]_Yei gk[ ZWjWd Z[ bei f[h‡eZei fh[_dYW [ ?dYW$
ĹŠ .1# ".1
PU DW
;i kdW bW]kdW kX_YWZW W )$/&& c[jhei Z[ WbjkhW `kdje W bW YkWb i[ ^Wd Yedijhk_Ze h[\k]_ei [ _dYbkie kd Y[djhe Z[ _dj[hfh[jWY_ÂŒd Zed# Z[ i[ [nfed[d cWfWi Z[b FWhgk[ DWY_edWb" [ _d\ehcWY_ÂŒd ieXh[ ik ^_ijeh_W" bW ][ebe]‡W o bW dWjkhWb[# ,/.13 -3# I_ [ij| f[diWdZe [d l_i_jWh pW Z[b bk]Wh$ 7i_c_ice" ^Wo \eje# ]hW\‡Wi Z[ fbWdjWi o Wd_cWb[i$ [ij[ Z[ij_de j[d]W [d Yk[d# 7bb‡ [i fei_Xb[ ^WY[h h[Yehh_# jW gk[ [n_ij[d Zei f[h‡e# Zei W jhWlƒi Z[ bei i[dZ[# Zei Yb_c|j_Yei X_[d hei gk[ [ij|d jhWpWZei o cWhYWZei$ bb[]Wh ^WijW [b Xeigk[ Z[ ;b l[hWde lW Z[ ĹŠ IWd Bk_i" Yed\ehcWZe feh W]eije ^WijW [d[he o i[ _dYh[‡Xb[i o WdY[ijhWb[i YWhWYj[h_pW feh kd ieb +ĹŠ-., 1#ĹŠ"#ĹŠ ) 2ĹŠ2#ĹŠ"# #ĹŠ ĹŠ _dj[die ZkhWdj[ [b Z‡W o + ĹŠ$.1, ĹŠ"#ĹŠ+ 2ĹŠ fbWdjWi Yece cki]ei" ^[# b[Y^ei o [f_Ă’ jWi$ ^[bWZWi [d bWi deY^[i$ ,.-3  2ĹŠ"#+ĹŠ 2#!3.1ĔŊ"#-31.ĹŠ"#ĹŠ :khWdj[ [ijei c[i[i + 2ĹŠ!4 +#2ĹŠ2#ĹŠ bW j[cf[hWjkhW c‡d_# #-!4#-31 -ĹŠ+.2ĹŠ + %.2ĹŠ8ĹŠ+ %4- 2Ä“ .204#ĹŠ"#ĹŠ + 5(4!4 cW [i Z[ eY^e ]hWZei JWcX_ƒd YedeY_Ze Yece Y[dj‡]hWZei$ :khWdj[ PehheYkY^e" i[ [dYk[djhW [b Z‡W fk[Z[ [ijWh [djh[ ĹŠ XehZ[WdZe kdW bW]kdW bei '( o bei '. ]hWZei gk[ bb[lW [b c_ice dec# Y[dj‡]hWZei$ Xh[" kX_YWZW [d c[Z_e Z[ ;d _dl_[hde Z[ \[# +ĹŠ 104#ĹŠ !(.- +ĹŠ ) 2ĹŠ kd lWbb[ W )$'&& c[jhei Xh[he W `kb_e bei Z‡Wi !4#-3 ĹŠ!.-ĹŠ ieXh[ [b d_l[b Z[b cWh$ [ij|d cWhYWZei feh /1.7(, " Äą BWi YWc_dWjWi [d [ij[ ,#-3#ŊĉĊĉŊ d[Xb_dW o lWh_Wi bbel_p# + %4- 2Ä“ h_dYÂŒd de h[fh[i[djWd dWi$ BW j[cf[hWjkhW cWoeh Z_Ă’ YkbjWZ fWhW bei c‡d_cW bb[]W W bei Zei l_i_jWdj[i" gk_[d[i i[ fk[# ]hWZei XW`e Y[he o bW c|n_cW Z[d [djh[j[d[h feh bei i[dZ[hei [i Z[ '&$ o Yed bW f[iYW Z[fehj_lW$ JWcX_ƒd [i kd bk]Wh [ijhWjƒ# ]_Ye fWhW bW eXi[hlWY_ÂŒd Z[ Wl[i" #++.2ĹŠ +1#"#".1#2 ;d bWi pedWi Wb[ZW‹Wi Wb [d [if[Y_Wb i_ iWb[ j[cfhWde [d FWhgk[ i[ l_ibkcXhW kdW bW cW‹WdW" j_[cfe [d [b gk[ bei ]hWd lWh_[ZWZ Z[ [if[Y_[i" Yeb_Xh‡[i" bWi khhWYWi jkhgk[iWi" [djh[ bWi gk[ i[ Z[ijWYWd [b bei Wpkb[`ei" bei fWjei he`_pei" bei cW`[ijkeie YÂŒdZeh WdZ_de" c_hbei o bei ]ehh_ed[i i[ jecWd bWi f[hZ_Y[i" bei Yeb_Xh‡[i o [b bk]Wh$ bWi fWlWi Z[ cedj[$ 7Z[c|i" [n_ij[d l[dWZei Z[ YebW XbWd# #11.ĹŠ 1#2ĹŠ!14!#2 YW" eiei Z[ Wdj[e`ei" fkcWi" ;i [b fkdje c|i Wbje Z[ jeZe [b Yed[`ei" jWf_h[i o ]Wl_ejWi WdZ_dWi$ BW WYj_l_ZWZ ^kcWdW ¢(67É6 (0%$5$=$'$" jWcX_ƒd ^W Z[`WZe ik cWhYW 1R WH SUHRFXSHV OOiPDQRV [d [ij[ [njhWehZ_dWh_e j[hh_# DEVROXWD GLVFUHVLyQ jeh_e" ZedZ[ i[ [l_Z[dY_W [b %ULQGDPRV VHUYLFLRV 9Wc_de ?dYW" gk[ YhkpW [b SURIHVLRQDOHV FWhgk[ o gk[ ^eo [d Z‡W [i kd l[ij_]_e Z[ bW l‡W gk[ kd‡W Jec[XWcXW Yed [b JWcXe Z[ FWh[Zed[i$ JWcX_ƒd i[ &(1752 '( $<8'$ 3$5$ /$ 08-(5
#-% ĹŠ#-ĹŠ!4#-3 .1, 2ĹŠ ;2(! 2
ĹŠ .ĹŠ 11.) 1ĹŠ-(-%ĂŒ-ĹŠ3(/.ĹŠ"#ĹŠ 241 ĹŠ Ĺ—#-ĹŠ#+ĹŠ+4% 1Ä“ ĹŠ .ĹŠ(-%1#2 1ĹŠ!.-ĹŠ-(-%ĂŒ-ĹŠ3(/.ĹŠ"#ĹŠ -(, +#2ĹŠ Ĺ—.ĹŠ/+ -3 2Ä“ Ĺ—ĹŠ .ĹŠ#731 #1ĹŠ/+ -3 2ĹŠ.ĹŠ -(, +#2Ä“ Ĺ—ĹŠ .ĹŠ(-(!( 1ĹŠ$.% 3 2Ä“
(5#12(¢-
1(-!(/ +#2ĹŠ !3(5(" "#2
Ĺ—ĹŠ ,(- 3 2 +% 3 2 Ĺ—ĹŠ Ĺ—ĹŠ ,/(-% Ĺ—ĹŠ #2! ĹŠ"#/.13(5 2#15 !(¢-ĹŠ"#ĹŠ 5#2 Ĺ—ĹŠ Ĺ—ĹŠ 2! + " Ĺ—ĹŠ 7/+.1 !(¢-ĹŠ!(#-3~ÄƒĹŠ!
.ĹŠ.+5("#
,/+#,#-3.2ĹŠ-#!#2 1(.2
Ĺ—ĹŠ / 3.2ĹŠ/ 1 ĹŠ! ,(- 3 +#2 Ĺ—ĹŠ '.,/ 2ĹŠ(,/#1,# Ĺ—ĹŠ 4 -3#2 Ĺ—ĹŠ 2 ,.-3  2 Ĺ—ĹŠ 1.3#!3.1ĹŠ2.+ 1 Ĺ—ĹŠ +(,#-3.2ĹŠ! +¢1(!.2 Ĺ—ĹŠ %4 FWhgk[ *$(&& c[jhei ieXh[ [b d_l[b Z[b cWh $ 9edij_jko[ kd _cfh[i_edWdj[ c_hWZeh dWjkhWb Z[iZ[ [b YkWb bei jkh_ijWi fk[Z[d eXi[hlWh kd cW]d‡Ò Ye fW_iW`[$ BW jhWZ_Y_ÂŒd Yk[djW gk[ [b decXh[ i[ Z[X[ W bei dkc[heiei YWc_dWdj[i gk[ [dYedjhWhed bW ck[hj[ Wb _dj[djWh h[\k]_Whi[ [d [b bk]Wh" f[he Z[X_Ze Wb _dj[die \h‡e Z[ bW deY^[ de be]hWhed bb[# ]Wh Wb WcWd[Y[h$
hW_pWZW [d ik Y[h[Xhe gk[ de b[ f[hc_j[ ZWhi[ Yk[djW Z[ bei cej_lei feh bei gk[ h[WYY_e# dW" feh [ie iÂŒbe [`[YkjW bW WY# H[ifk[ijW0 I‡$ 9kWdZe dk[i# Y_ÂŒd feh _dij_dje" be gk[ ^WY[ jhe Y[h[Xhe [ij| iWjkhWZe Yed gk[ f_[hZW ik YWfWY_ZWZ Z[ h[Ă“ [n_ÂŒd o h[]kbWY_ÂŒd jWdjW _d\ehcWY_ÂŒd gk[ Z[ YedZkYjW \h[dj[ W dei ][d[hW cWb[ijWh ĹŠ kd ^[Y^e gk[ fk[Z[ [ceY_edWb" [b Yk[hfe Yec_[dpW W h[WYY_edWh -"1# ĹŠ 231#++ ĔŊ j[d[h e de h[bWY_ÂŒd Yed \hkijhWY_ed[i e [l[d# Yece c[YWd_ice Z[ /2(!¢+.% Ä“ ćĒĊĒÄ?ÄŠÄŠÄŒÄ? jei d[]Wj_lei gk[ ^WoW Z[\[diW W jhWlƒi Z[ Z_i# j[d_Ze gk[ ieXh[bb[lWh j_djei i‡djecWi Yece [d ik l_ZW$ kd Zebeh Z[ YWX[pW" WhZeh [d bW XeYW Z[b [ijÂŒcW]e" YedjhWYjk# 1#%4-3 Ä–ĹŠ #-#1 +,#-3#ĹŠ hWY_ÂŒd ckiYkbWh" ^_# "4#1,.ĹŠ!.,.ĹŠ ĹŠ+ 2ŊĉĉĖććĔŊŊ f[hj[di_ÂŒd Whj[h_Wb /#1.ĹŠ ' !#ĹŠ 4-.2ĹŠ "~ 2ĹŠ -.ĹŠ e Z[i[gk_b_Xh_ei /4#".ĔŊ 4-04#ĹŠ+.ĹŠ(-3#-Äą ^ehcedWb[i$ 3.ĹŠ !#11 -".ĹŠ +.2ĹŠ .).2ĹŠ !.,.ĹŠ ".2ĹŠ '.1 2Ä“ĹŠ .ĹŠ 1#%4-3 Ä–ĹŠ #-%.ĹŠÄŠÄŠĹŠ ' %.ĹŠ ĹŠ/ 13(1ĹŠ"#ĹŠ+ 2ĹŠ  .2ĹŠ8ĹŠ"#2"#ĹŠ3#,/1 Äą ÄŒÄ–Ä‡Ä‡Ä“ĹŠÄ .1ĹŠ04_ĹŠ,#ĹŠ - ĹŠ#" "ĹŠ'#ĹŠ3#-(".ĹŠ/1.Äą / 2 ĹŠ#23.ĹŠ8ĹŠ!¢,.ĹŠ +#, 2ĹŠ/ 1 ĹŠ!.-31.+ 1ĹŠ +.ĹŠ/4#".ĹŠ2.+4!(.Äą ,(ĹŠ (1 Ä“ĹŠ -ĹŠ ,.,#-3.2ĹŠ - 1Ä&#x;ĹŠ ĸ 1+.2ĹŠ #Äą "#3#1,(- ".2ĹŠ 2(#-3.ĹŠ + ĹŠ +;204#9Äš H[ifk[ijW0 Bei jhWi# -#!#2(" "ĹŠ"#ĹŠ !34 1ĹŠ"#ĹŠ$.1Äą jehdei Z[ ik[‹e j_[d[d , ĹŠ5(.+#-3 ĹŠ!.-31 ĹŠ. )#3.2ĔŊ /#12.- 2ĹŠ8ĹŠ -(, +#2Ä“ĹŠ #2"#ĹŠ' !#ĹŠ ckY^W h[bWY_ÂŒd Yed [b [ijWZe 4-.2ĹŠ /.!.2ĹŠ  .2ĹŠ ,#ĹŠ "(ĹŠ !4#-3 ĹŠ [ceY_edWb Z[b gk[ bei fWZ[# "#ĹŠ04#ĹŠ#1 ĹŠ4-ĹŠ/1. +#, ĹŠ04#ĹŠ/1.Äą Y[$ Feh be Yec‘d" YkWdZe ^Wo %1#2 ĹŠ8ĹŠ04#ĹŠ2#ĹŠ#2! / ĹŠ"#ĹŠ,(ĹŠ ckY^W fh[eYkfWY_ÂŒd e [ijhƒi" !.-31.+Ä“ĹŠ (ĹŠ (#-ĹŠ'#ĹŠ/."(".ĹŠ!.-31.Äą Wb cec[dje Z[ Zehc_h [b Y[# + 1ĹŠ +%4-.2ĹŠ "#ĹŠ #23.2ĹŠ #/(2."(.2ĹŠ h[Xhe i_]k[ fheY[iWdZe bW _d# !.-ĹŠ 4#-.2ĹŠ1#24+3 ".2ĔŊ#2ĹŠ!(#13.ĹŠ \ehcWY_ÂŒd o de b[ f[hc_j_cei 04#ĹŠĂŒ+3(, ,#-3#ĹŠ,#ĹŠ1#24+3 ĹŠ31#Äą Z[iYWdiWh" ckY^Wi l[Y[i ^Wi# ,#-" ,#-3#ĹŠ"($~!(+Ä“ĹŠÄ 4_ĹŠ/4#".ĹŠ jW _dYediY_[dj[c[dj[$ I[h‡W ' !#1ĹŠ / 1 ĹŠ "#) 1ĹŠ #23.Ä&#x;ĹŠ ĸ -(#+ĹŠ [i[dY_Wb gk[ [ijWXb[pYW j_[c# fei fWhW iki eĂ’ Y_ei ZkhWdj[ 13~-Äš H[ifk[ijW0 7dj[i Z[ dWZW [b Z‡W o Z[iYWdie ZkhWdj[ bW i[h‡W _cfehjWdj[ gk[ WYkZW deY^[" [l_j[ ^WY[h i_[ijWi [d bW Yed kd fi_YÂŒbe]e Yb‡d_Ye fWhW jWhZ[" h[Wb_Y[ WYj_l_ZWZ \‡i_YW gk[ _d_Y_[ kdW j[hWf_W Z[ Yed# fWhW gk[ [b Yk[hfe i[ W]ej[ o jheb Z[ _hW" oW gk[ Yece i[ ^W Z[i[[ Z[iYWdiWh$ Ejhe Wif[Yje ZWZe Yk[djW [ijW i_jkWY_ÂŒd [i jhWiY[dZ[djWb [i [l_jWh bW YW# Wb]e gk[ de Z[f[dZ[ Z[ kij[Z$ \[‡dW" oW gk[ [i kd [ij_ckbWdj[ >Wo kdW _Z[W gk[ [ij| jWd [d# gk[ WYj_lW [b Y[h[Xhe$
(1 48,72 9(1'2 1(*2&,2 '( 0$17(1,0,(172 $8720275,= $7(1'(026 0É6 '( $8726 $/ 0(6 )OH[LELOLGDG HQ OD IRUPD GH SDJR $FHSWDPRV WHUUHQRV R ELHQHV LQPXHEOHV &RQWDFWDU DO R DO HPDLO
DURJHF#JPDLO FRP $5 FF
ŏ ŏ
ŏ
¡
Ċŋ
?% D8I:<CF D<A@8 I% _d\a`X7cX_fiX%Zfd%\Z
āą
&$5%212 É5,'$ (9$325$'$
ŏ ĀĈŏ ŏ ŏ ŏĂĀāāŏ
ŏ +. Čŏ
Ġ !(¢ũ4-ũ"~ ũ!.,.ũ'.8ğ
4ũũ2#-3(".ũ"#ũ+ ũ1#2/.-2 (+(" "ũ#2ũ4-.ũ "#ũ242ũ,;2ũ%1 -"#2ũ"(23(-3(5.2ēũ 1.!41 ũ 2#1ũ/4-34 +ũ8ũ!4,/+(1ũ!.-ũ! " ũ4-.ũ"#ũ242ũ !.,/1.,(2.2ēũ 2ũ4- ũ/#12.- ũ,48ũ2#1( ũ 8ũ#-ũ+ ũ04#ũ+ ũ, 8.1ũ/ 13#ũ"#ũ+ 2ũ/#12.- 2ũ !.-$~ ēũ
6Ì0%2/2 '(
*58(62
129(1$ /(75$ *5,(*$
6Ì0%2/2 '( 5$',2 6,*12
ũũ
=2',$&$/
$6(6,1$5
$&725 '( /$ 7(/(129(/$ $/%25$'$
&$&,48( 'e6327$
É1)25$
+2*$5 3,('5$
%5,6$
$57(5,$ '(/
3238/$5,'$'
&20%$7(
3/$17Ì*5$'2
$/)$
&25$=Ð1
,*8$/'$ (1 /$
3$72
&,8'$' '( ,65$(/
$5*2//$
683(5),&,(
5(/$7,92 $ /26 &É7$526 $%8(/$
3$5(' 9Ì$ &$/=$'$
ũũ
6(0,35(&,26$
7267$5
'(,'$'
6(f25$
'(/7$
92= '( $558//2
08(//(
ũũDe i[ f_[hZW [ij[ fhe]hW# ŗũ cW ZedZ[ c|i gk[ dkdYW
32/Ì7,&2
&,1&8(17$ (1
&+,12 (6&5,725 0(;,&$12
/21*,78'
&$0,1$5
feZh| _Z[dj_ÒYWhi[ o jecWh fWhj_Ze Wdj[ bei fheXb[cWi fh[i[djWZei$ BW WXe]WZW 7dW CWh W Febe" YedZkY# jehW Z[b [ifWY_e" fedZh| [d fh|Yj_YW ik [nf[h_[dY_W fWhW h[iebl[h bei Z_\ Y_b[i YWiei gk[ b[ fh[i[djWd$
520$126
6Ì0%2/2 '(
$&(,7(
*5$1 (;7(1 6,Ð1 '( $5(1$
7$%/$'2
&$/&,2
,175,*$
+,(552
0 ( $
1
$
'
,
5
$
7 $
%
,
(
2
2
5
% +$%,7$&,Ð1 (1 ,1*/e6 $6752 5(<
5
7
$
=802 '( )58 726 0$'8526 *$72 (1
$
5
&,8'$' '( 78548Ì$ 7(50,1$&,Ð1
,
$
,1*/e6
5
129(1$ /(75$ *5,(*$
)/27$5 (1 (/ $*8$
&
(
5
$7$5 < $6(*85$5 /26 )$5'26 < &$5 *$6 &21 /,$6
6
2
/
2
,
'
$
1
$
5
6Ì0%2/2 6( 6(/(1,2 &$0$ 3(48(f$
$
9(5%$/
&
38(57$ (1
7
$
1 35,0(5
8
&
-
$
1
6
(
&$17$17( '( &$3,7$/ '( 0Ô6,&$ 323 9(1(=8(/$ &$1$',(16( 6Ì0%2/2 '( %$5,2
+20%5( 6$1',2 0$17(&$72
&
2 3 ',63(56$ 7Ì78/2 021*2/
5
$ 1$32/,7$12
(67$'2 '( $6,$
2
2 7(6252
3Ô%/,&2
$326(172
& $
$ $'9(5%,2 '( /8*$5
$&&,Ð1 '( $5$5
,
&
$
5
2
5
$
/
$
(;7(16,Ð1
$
621,'2 6Ì0%2/2 '(
1
&5202
/
$)e5(6,6 '(
$1'$5 +$&,$
'(0(17(
$
0
2
6
,167580(12 0Ô6,&2 *8$5$1Ì ',60,18,5 &(5&(1$5
(638(57$ *5$1 '( 6,1 $6$6
$1725&+$
5
$
,
&
'21 2%6(48,2
1
6Ì0%2/2 '(
$
%
2
5
'
$
5
$75É6
&(/(%5,'$'(6 $ D8I: :?8>8CC ' (//. $ (0/, G@EKFI =I8E:<J# , E8:@;F <E 9@<CFIILJ@8% @E@:@8CD<EK< :L9@JK8 9 <MFCL:@FEä ?8:@8 <C JLII<8C@JDF $
&
5$',2
7
$
%
'
2
(
(
(108'(&(5
,5$ (12-2
$8725
&
$
1
'(/7$
'
87(16,/,2 '(
2
&
(
20(*$
7
$
5
/
(
$
.
5 (
6
',26 '( /$ ,1',$
&(59(=$
(
$
3$3$*$<2
$
$
'
2
,167580(172
5
$
+8(/*$
3
$
5
2
0
2
5
$
&$032
,1*/(6$
&20326,&,Ð1 /Ì5,&$
086,&$/
2
5
$
5
2
7
0$0Ì)(52 0867e/,'2 //$1$
2/25
3$72
&219,&7$
$
$
7$&$f2
,1*/e6
&$0$ 3(48(f$
3$'(&,0,(172 $'9(5%,2 '( &$17,'$'
120%5( )(0(1,12 &$/,),&$&,Ð1 (6&2/$5
3,//2
7
5
(1)(50('$'
1
92/9(5 /2&2
5
%8/72
3(5)(&7$
$
(19$6( 7$&+$
.,&+:$
$&75,= '( /$ 3(/Ì&8/$ /$ 08-(5
5
$
%2)(7$'$
5$7$ (1
/
5 3(5)25$5 5(/,*,26$
683/,&$5 2&$
3
,
6
$
35,0(5$
$
2
7
$
*
5
2
35,1&(6$ ,1&$ 92&$/
&8$'5Ô3('2
&2&,1$
)2*$5$'$ %$75$&,2
7,(032
}
+5(2ũ8 -.ũ#23;ũ 04~
4 -ũ 4+$.
ũ ũ ĔũĉćĖĈĈ
ŗũũũ
ĸĈĒĈĐıĈĒđďĹ
BW l_ZW Z[ >Whcedo i_[c# fh[ ^W ]_hWZe [d jehde W ;bl_i Fh[ib[o$ Ik [n_ij[dY_W i[ Yec# fb_YW YkWdZe cWjW W Zei _c_# jWZeh[i Z[b Wijhe$ F[hi[]k_ZW feh [b <8?" [dYedjhWh| WokZW [d bW f[hiedW c|i _d[if[hWZW$ 9_djW fhejW]ed_pWZW feh @e^d 9ehX[jj o A_c 8Wi_d][h$
ŗũũ
;iYh_jeh o ]k_ed_ijW c[n_# YWde" kde Z[ bei b_j[hWjei Z[ cWoeh fh[ij_]_e Z[b i_]be NN" ck[h[ kd Z W Yece ^eo [d C n_Ye :$<$ F[hj[d[Y_ Wb ce# l_c_[dje b_j[hWh_e Z[b h[Wb_ice c|]_Ye o [i Wkjeh Z[ kdW eXhW f[gk[ W [d [nj[di_ d f[he Z[ kdW Wbj i_cW YWb_ZWZ b_j[hWh_W" [djh[ bW gk[ Ò]khWd È;b bbWde [d bbWcWiÉ h[bWjei o ÈF[Zhe F|hWceÉ del[bW $ ;iYh_X_ jWcX_ d È;b ]Wbbe Z[ eheÉ" gk[ \k[ WZWfjWZe Wb Y_d[ feh 9Whbei <k[dj[i o =WXh_[b =WhY W C|h# gk[p$ C_[cXhe Z[ bW 7YWZ[c_W C[n_YWdW Z[ bW B[d]kW" h[Y_X_ [b Fh[c_e Fh dY_f[ Z[ 7ijkh_Wi Z[ bWi B[jhWi '/.)$
: ũ }
1# -ũ%.+.2(- ũĥ2 - Ħũ ũ 2#ũ"#ũ2 -"~ \Wleh_jWi Z[b l[hWde Wh][dj_de i[ fh[i[djW W^ehW [d \ehcW Z[ kd XeYWZe YheYWdj[ gk[ ÄWi[# ]khWd Y_[dj ÒYei Z[ bW <WYkbjWZ Z[ 9_[dY_Wi ;nWYjWi o DWjkhWb[i Z[ bW Kd_l[hi_ZWZ Z[ 8k[dei 7_h[iÄ h[ikbjW _Z[Wb fWhW Yec[h Yece kdW ]ebei_dW$ =hWY_Wi W [i[ jhWXW`e [dYWX[# pWZe feh CWh W Z[b F_bWh 8k[hW" i[ bb[] W bW YedYbki_ d Z[ gk[ [b f_]c[dje Z[ bW iWdZ W j_[d[ YWhWYj[h ij_YWi Wdj_en_ZWdj[i" oW gk[ Yedj_[d[ b_Yef[de" kd YW#
hej[de_Z[ gk[ WokZW W fh[l[d_h Wb]kdWi \ehcWi Z[ Y|dY[h o h[# ZkY[ [b h_[i]e Z[ [d\[hc[ZWZ[i YWhZ_elWiYkbWh[i$ ;b dk[le fheZkYje i[ eXj_[# d[ W]h[]WdZe WZ_j_lei dWjkhWb[i Z[h_lWZei Z[b Wbc_Z d W bW \hkjW Z[i^_ZhWjWZW$ BW iWdZ W" Z[ eh_][d W\h_YWde" [i kdW \hkjW gk[ WZ[c|i Z[ ik Xk[d iWXeh Yedj_[d[ ikijWdY_Wi gk[" i[] d bei Y_[dj ÒYei" ^WY[d X_[d W bW iWbkZ$ I[ b[ ik[b[ h[Yec[dZWh fWhW Z_[jWi Z[ WZ[b]WpWc_[dje feh Yed#
j[d[h feYWi YWbeh Wi o iki i[c_bbWi" h_YWi [d l_jWc_dW ;" i[ ^Wd kj_b_pW# Ze [d c[Z_Y_dW fefkbWh$ 8k[hW WZc_j[ gk[ [b fheZkYje de j_[d[ Æ[b WhecW o [b iWXehÇ Z[b \hkje" Wkdgk[ i j_[d[ Æ]kije \hk# jWbÇ o fk[Z[ WokZWh [d bW bkY^W YedjhW bW dk[lW fWdZ[c_W Z[b i_]be NN?0 bW eX[i_ZWZ$
: ũũ
ĸ)4-(.ũĉĉũıũ)4+(.ũĉĉĹ 5(3#ũ04#ũ+ 2ũ/1#.!4/ !(.-#2ũ".,(-#-ũ24ũ 5(" ũ8 ũ04#ũ#23 2ũ+#ũ/.-"1;-ũ#-ũ4-ũ#23 ".ũ -#15(.2.ũ +3#1 ".ēũ 4ũ-#15(.2(2,.ũ 84" ũ ũ 04#ũ423#"ũ/(#1" ũ/#2.ēũ #!4#1"#Ėũ ũ$#+(!(ı " "ũ -(" ũ#-ũ+.2ũ!.1 9.-#2ũ .-" ".2.2ē
ũũ
5(/$7,92 $/ 62/
Ċŋ
ı ũ ũě KdW Z[ bWi \hkjWi
ĸ, 8.ũĉĈũıũ)4-(.ũĉĈĹ 4ũ/#12.- +(" "ũ3(#-"#ũ ũ3.1- 12#ũ-#15(.ı 2 ũ#ũ(-#23 +#ēũ 1.!41#ũ+ ũ31 -04(+(" "ũ/ 1 ũ 04#ũ 2~ũ+.%1#ũ!.-2#%4(1ũ#04(+( 1(.ũ(-3#1-.ũ 8ũ#73#1-.ēũ #!4#1"#Ėũ "ēũ#2ũ#+ũ2#1ũ,;2ũ , 1 5(++.2.ē
2
5 $
3
%,=&2&+2
(638(57$ *5$1'(
'(7(1(5
(035(1'(5
5('
5
/,&25
72172 (1
$
$
3(552
3,e/$*2
7$%(51$
,1*/e6
//(*$'$ )85,$
^ ũ
7$5,0$
&+$3$ '(
6ROXFLyQ DQWHULRU &
0(50$5 86$5
6Ì0%2/2 '(
0$'(5$
ĸ 1(+ũĉćũıũ, 8.ũĉćĹ +ũ;1# ũ#!.-¢,(! ũ"# #1;ũ2#1ũ, -#) " ũ !.-ũ! 43#+ ũ#ũ(-3#+(%#-!( ũ8 ũ04#ũ#23 ũ 3(#-"#ũ ũ2#1ũ(-#23 +#ēũ #!4#1"#Ėũ 4 -".ũ +.ũ(-04(#3#ũ4-ũ/1. +#, Ĕũ $1¢-3#+.ũ!.-ũ ! +, ē
,1)(5,25
3/$1$
ĸ, 19.ũĉĈũıũ 1(+ũĈĒĹ 4ũ(-3#1_2ũ2#ũ!#-31 1;ũ#-ũ242ũ-#%.!(.2ũ8ũ #234"(.2ũ8 ũ04#ũ#23 2ũ2#ũ/1#2#-3 1;-ũĄ4!ı 34 -3#2ũ#ũ(-#23 +#2ēũ #!4#1"#Ėũ /1#-" ũ ũ 2 ! 1ũ5#-3 ) ũ"#ũ+.2ũ#11.1#2ũ!.,#3(".2ē
ũũ
0(66,(5
)587$ &Ì75,&$ (;75(0,'$'
)$0,/,$
$&75,= '( /$ 7(/(129(/$ 08-(5 '(
ũũ
$5$5 6Ì0%2/2 '( 1,75Ð*(12
(0%$5&$&,Ð1 '(/ ',/89,2 0(','$ '(
ĔũĈĉĖĊć
ĸ$# 1#1.ũĈĒũıũ, 19.ũĉćĹũ +ũ' + 1ũ!+ 1 Ĕũ"(1#!3 ũ8ũ (#13 ,#-3#ũ!.-ũ 24ũ$ ,(+( ũ2#1;ũ4- ũ!.234, 1#ũ2 +4" +#ũ 04#ũ"# #1;ũ "./3 1ēũ #!4#1"#Ėũ .ũ,;2ũ , 1 5(++.2.ũ04#ũ3#-#,.2ũ#2ũ+ ũ! / !(" "ũ "#ũ2#1ũ'.8ũ,#).1#2ũ04#ũ 8#1ēũ
$&&,Ð1 '(
3/$7$)250$ &20Ô1 +$%,78$/
2.ũ!#11 ".
ĸ#-#1.ũĈĒũıũ$# 1#1.ũĈĒĹ .1ũ#+ũ,.,#-3.ũ+.2ũ/+ !#1#2ũ8ũ"(5#12(.-#2ũ /#1"#1;-ũ#-! -3.ũ8 ũ04#ũ 42! 1;ũ#23 (+(ı " "ũ#,.!(.- +ũ8ũ!1#!(,(#-3.ũ(-3#+#!34 +ēũũ #!4#1"#Ėũ -3#ũ+.ũ(11#,#"( +#Ĕũ+.ũ,;2ũ 2#-2 3.ũ#2ũ !#/3 1+.ũ!.-ũ2#1#-(" "ēũ
ĸ)4+(.ũĉĊũıũ %.23.ũĉĉĹũ 1 ũ+.%1 1ũ5#1ũ, 3#1( +(9 ".2ũ242ũ /1.8#!3.2ũ"# #1;ũ/.-#1ũ,;2ũ04#ũ (+42(.-#2ũ8 ũ04#ũ#+ũ31 ).ũ"41.ũ#2ũ+.ũ04#ũ +.2ũ!.-!1#3 1;ēũ #!4#1"#Ėũ 4#"#ũ' !#1ũ4-ũ /.15#-(1ũ$#+(9ũ!.-ũ4-ũ#2$4#19.ũ/ !(#-3#ũ8ũ !.-23 -3#ē
ũũ
ĸ %.23.ũĉĊũıũ2#/3(#, 1#ũĉĉĹ 5(3#ũ+ ũ"4 +(" "ũ#ũ(-"#!(2(¢-ũ#-ũ+.ũ1#$#ı 1#-3#ũ ũ24ũ/1.$#2(¢-ēũ 42ũ)#$#2ũ2#1;-ũ,;2ũ #7(%#-3#2ēũũ #!4#1"#Ėũ +4"#ũ! " ũ"~ ũ!.-ũ ./3(,(2,.ũ!.-ũ+ ũ2#%41(" "ũ"#ũ04#ũ#23#ũ #2ũ#+ũ,#).1ũ"~ ũ"#ũ24ũ5(" ē
ũũ
ĸ2#/3(#, 1#ũĉĊũıũ.!34 1#ũĉĉĹ -ũ#23#ũ,.,#-3.ũ+ ũ!.,4-(! !(¢-ũ!.-ũ 242ũ!4 ".2ũ8ũ$ ,(+( ũ/.+~3(! ũ2#1;ũ,48ũ (,/.13 -3#ũ8ũ-#!#2 1( ēũ #!4#1"#Ėũ (ũ 2#ũ 43.24%#23(.- ũ!.-ũ/#12#5#1 -!( ũ . 3#-"1;ũ#+ũ. )#3(5.ũ04#ũ2#ũ2# +#ē
ũũ
ĸ.!34 1#ũĉĊũıũ-.5(#, 1#ũĉĈĹũ 23#ũ2#1;ũ4-ũ 4#-ũ,.,#-3.ũ/ 1 ũ04#ũ24ũ / 1#) ũ1# +(!#ũ#234"(.2ũ8ũ 24-3.2ũ1#$#1#-ı 3#2ũ ũ24ũ!1#!(,(#-3.ũ(-3#+#!34 +ũ8 ũ04#ũ #23.ũ2#1;ũ"#ũ%1 -ũ/1.5#!'.ũ/ 1 ũ#++ ēũ #!4#1"#Ėũ 1 )#ũ!.-ũ3#- !(" "ũ8ũ!.-ũ 2#1#- ũ2#%41(" "ē
ũũ
ĸ-.5(#, 1#ũĉĉũıũ"(!(#, 1#ũĉĈĹũ
ũ!.,4-(! !(¢-ũ$1 -! ũ8ũ (#13 ũ2#1;ũ ,48ũ5 +(.2 ũ#-ũ+ 2ũ2.!(#" "#2ũ8 ũ04#ũ2#1;ũ +.ũ04#ũ 84"#ũ ũ04#ũ#23 2ũĄ48 -ũ"#ũ+ ũ,#ı ).1ũ, -#1 ēũ #!4#1"#Ėũ 1#/ 1 1ũ#+ũ$4341.ũ 2(%-(ă! ũ" 1ũ$4-" ,#-3.ũ +ũ/1#2#-3#ē
ũũ
ĸ"(!(#, 1#ũĉĉũıũ#-#1.ũĈĒĹ 1.!41#ũ, -3#-#1ũ+ ũ!.-23 -!( ũ8ũ$4#19 ũ "#-31.ũ"#ũ24ũ31 ).ēũ 4ũ2 +4"ũ"#/#-"#1;ũ"#ũ + ũ! +, ũ8ũ#!4 -(,(" "ũ!.-ũ+ 2ũ04#ũ 24, ũ 242ũ 24-3.2ēũ #!4#1"#Ėũ 4+3(5#ũ+ ũ%(,- 2( ũ "#ũ+ ũ +#%1~ ũ/ 1 ũ04#ũ +(5(#ũ24ũ!.1 9¢-ē
Ä Ä†
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
-Ŋ #04(/.Ŋ 2¢+(".
Ĺ?ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
#ĹŠ,4#5#ĹŠ#+ĹŠ +¢ ^ Ä“ĹŠ ĹŠÄ› Bei HWoWZei Z[ Ced# j[hh[o" YWcf[ed[i Z[\[dieh[i" [ijh[dWh|d ik YehedW [b fhÂŒn_ce i|XWZe Wdj[ [b IWd Bk_i" [d [b _d_# Y_e Z[b jehd[e 9bWkikhW#(&'& Z[b \‘jXeb c[n_YWde" YkoW `ehdWZW _dWk]khWb [cf[pWh| ^eo Yed [b Zk[be D[YWnW#9^_WfWi$ :_h_]_Ze feh L‡Yjeh LkY[j_Y^" [b Cedj[hh[o Z[hhejÂŒ ^WY[ kd c[i Wb IWdjei BW]kdW [d bW Ă’ dWb Z[b 7f[hjkhW o W^ehW jhWjWh| Z[ h[f[j_h [b j‡jkbe" Wkdgk[ j[dZh| kd _d_Y_e Z[ j[cfehWZW Yecfb_# YWZe feh ^WX[h Ykcfb_Ze kdW YehjW [jWfW Z[ fh[fWhWY_ÂŒd$ I[h| [b Cedj[hh[o#IWd Bk_i kd [dYk[djhe heZ[WZe Z[ [n# f[YjWj_lWi feh l[h YÂŒce h[WfW# h[Y[d bei YWcf[ed[i [d kdW `eh# dWZW [d bW gk[ [b IWdjei BW]kdW h[Y_X_h| Wb 7jbWdj[ o [cf[pWh| Z[ Y[he jhWi f[hZ[h ik i[]kdZW Ă’ dWb i[]k_ZW$ 9hkp 7pkb h[Y_X_h| W ;ijk# Z_Wdj[i" Gk[hƒjWhe W J_]h[i o 7jbWi W Ceh[b_W [d bei ejhei
(-ĹŠ"#ĹŠ2#, - ĂŒ3 .+ĹŠ,#7(! -. ĹŠÄ? #! 7 Äą '( / 2 : ĹŠÄ‘ .-3#11#8Äą -ĹŠ 4(2 4#1_3 1.Äą (%1#2 149ĹŠ 94+Äą 234"( -3#2 -3.2ĹŠ %4- Äą 3+ -3# 3+ 2Äą .1#+( ĹŠÄ’ 4# + Äą 4 " + ) 1 .+4! Äą 4, 2 ,_1(! Äą !'4!
Zk[bei Z[b i|XWZe" c_[djhWi [b Zec_d]e" [b FWY^kYW l_i_jWh| W bWi Ă›]k_bWi Z[b 7cƒh_YW" FkcWi Wb JebkYW o bWi 9^_lWi Z[ =kW# ZWbW`WhW Wb Fk[XbW$ BW \Wi[ Z[ ]hkfei Z[b jehd[e 9bWkikhW#(&'& Yedj_dkWh| ^Wi# jW [b ' Z[ cWoe YkWdZe gk[ZW# h|d Z[Y_Z_Zei bei eY^e YbWi_Ă’ YW# Zei W bW b_]k_bbW gk[ Z[Ă’ d_h| [b YWcf[ÂŒd Z[ b_]W$
ēŊ +3#1Ŋ 8.5~ĔŊ"#+Ŋ .-3#11#8ĔŊ#2Ŋ4-.Ŋ"#Ŋ+.2Ŋ+#%(.- 1(.2Ŋ04#Ŋ !34Ĺ 1;-Ŋ#-Ŋ _7(!.ē
ĹŠ
#2 -ĹŠ +ĹŠ ÄĽ 411(3.ÄŚ
+ĹŠ (5#1ĹŠ + 3#ĹŠ"#!("(¢Ŋ/1#2!(-"(1ĹŠ "#ĹŠ+.2ĹŠ2#15(!(.2ĹŠ"#+ĹŠ"#+ -3#1.ĹŠ 1(#+ĹŠ 13#% ĔŊ4-.ĹŠ"#ĹŠ+.2ĹŠĂŒ+3(,.2ĹŠ ~".+.2ĹŠ#-ĹŠ !3(5.ĹŠ"#ĹŠ+.2ĹŠ'(-!' 2ĹŠ"#+ĹŠ!+4 ĔŊ+4#%.ĹŠ"#ĹŠ04#ĹŠ#+ĹŠ)4% ".1ĹŠ $ +3 2#ĹŠ#+ĹŠ,(_1!.+#2ĹŠ +ĹŠ#-31#- ,(#-3.ĹŠ"#+ĹŠ#04(/.ĹŠ"#ĹŠ+ ĹŠ (% ĹŠ"#ĹŠ 1(,#1 ĹŠ (5(2(¢-ĹŠ 1%#-3(- Ä“ĹŠ 13#% ĔŊ"#ĹŠÄŠÄ?ĹŠ  .2ĔŊ2#ĹŠ/1#2#-3¢Ŋ 8#1ĹŠ ĹŠ+.2ĹŠ#-31#- ,(#-3.2ĹŠ8ĹŠ!.,#-9¢Ŋ ĹŠ' !#1ĹŠ#)#1!(!(.2ĹŠ!.-ĹŠ242ĹŠ!.,Äą /  #1.2ĔŊ/#1.ĹŠ#+ĹŠ3_!-(!.ĹŠ"#+ĹŠ#04(/.ĔŊ 4 -ĹŠ .2_ĹŠ ¢/#9ĔŊ+#ĹŠ++ ,¢Ŋ/ 1 ĹŠ "#!(1+#ĹŠ04#ĹŠ-.ĹŠ( ĹŠ ĹŠ3#-#1+.ĹŠ#-ĹŠ!4#-3 ĹŠ/ 1 ĹŠ#+ĹŠ/1¢7(,.ĹŠ3.1-#.ĹŠ"#ĹŠ+ ĹŠ
(% ĔŊ04#Ŋ!.,(#-9 Ŋ Ŋ,#"( ".2Ŋ"#Ŋ$# 1#1.ēŊ
ēŊ .2Ŋ#)#1!(!(.2Ŋ$~2(!.2Ŋ/1#".,(- 1.-Ŋ#-Ŋ#23 Ŋ2#2(¢-Ŋ"#Ŋ#-31#- ,(#-3.2ē
(% ĹŠ"#ĹŠ ĹŠ/.!.ĹŠ2#ĹŠ5 ĹŠ!.,/+#3 -".ĹŠ 8ĹŠ31 ) -".ĹŠ#-ĹŠ+ ĹŠ/1#3#,/.1 " Ä“ĹŠ 49 ĹŠ2#ĹŠ2(#-3#ĹŠ31 -04(+.ĹŠ/.1ĹŠ#+ĹŠ #04(/.ĹŠ04#ĹŠ2#ĹŠ 1,¢ē i[h| kdW fh[j[cfehWZW h|f_ZW$ ;Z]WhZe 8WkpW [nfh[iÂŒ Z[ ik fWhj[ gk[ i[h|d jh[i i[cWdWi [n_][dj[i$ ÆBW fh_c[hW i[h| Z[ h[WYedZ_Y_edWc_[dje" bW i[]kd# ZW i[cWdW [ijWh|d YedY[djhWZei o h[Wb_pWh|d jhWXW`ei \‡i_Yei" [d bW j[hY[hW i[cWdW Wif_hWcei W feZ[h h[Wb_pWh Wb]kdei fWhj_Zei (#,/.ĹŠ"#ĹŠ1# !.-"(!(.- ,(#-3. :[ifkƒi Z[ kd [n_][dj[ Ă’ d Z[ Wc_ijeieiÇ" _dZ_YÂŒ$ j[cfehWZW [d (&'&" bei `k]WZe# h[i Z[ B_]W jkl_[hed kd j_[cfe #ĹŠ !./+ -ĹŠ +ĹŠ%14/. Z[ Z[iYWdie [d [b YkWb de h[Wb_# KdW l[p YedYbk_Ze [b [djh[dW# pWhed d_d]kdW WYj_l_ZWZ" feh be c_[dje" bWi dk[lWi YWhWi Z[ B_]W gk[ [b fh[fWhWZeh \‡i_Ye ĂˆKd_l[h# \k[hed fh[i[djWZWi" 7h][d_i Ce# i_jWh_eÉ" 7b[`WdZhe Ckhh" i[‹WbÂŒ h[_hW" =_elWddo 9W_Y[Ze o :Wd_[b gk[ [d [ijW fh_c[hW i[cWdW i[h| L_j[h_$ 7kdgk[ \WbjWhed ;p[gk_[b kd f[h‡eZe Z[ WZWfjWY_ÂŒd" [d =edp|b[p o C_]k[b ?XWhhW" gk_[# [b gk[ i[ h[WYj_lWh|d jeZei bei d[i i[ h[Wb_pWhed bei Y^[gk[ei c‘iYkbei Wdj[ bW _dWYj_l_ZWZ gk[ cƒZ_Yei o ;dh_gk[ L[hW" gk_[d jkl_[hed [d [ijei '+ Z‡Wi$ Whh_XÂŒ Wo[h feh bW jWhZ[ W Gk_je$ 7i‡ c_ice" Ckhh i[‹WbÂŒ gk[ [b >_ZWb]e WĂ’ hcÂŒ gk[ i[ [ij| WYe# jhWXW`e i[h| fhe]h[i_le [d bW fh[# fbWdZe Z[ W feYe Wb [gk_fe$ ÆC[ j[cfehWZW o jWcX_ƒd _dZ_YÂŒ gk[ ^Wd ^[Y^e i[dj_h Yece [d YWiW" ;b fh_c[h YedjWYje Z[ B_]W [d bW fh[j[cfehWZW Yed bW fh[diW \k[ Wo[h$ JeZW bW i[cWdW" [b YkWZhe Ăˆ7bXeÉ jhWXW`ÂŒ W fk[hjW Y[hhWZW o i[ fkZe l[h bW cWoeh‡W Z[ bWi YWhWi dk[lWi gk[ c_b_jWh|d [d [b [gk_fe Ăˆ7pkY[dWÉ$
ÄĽ + .ÄŚ
-!.1/.1 !(.-#2 ĹŠ -(#+ĹŠ (3#1(ĹŠ Ĺ—ĹŠ (.5 --8ĹŠ (!#". Ĺ—ĹŠ 1%#-(2ĹŠ .1#(1 Ĺ—ĹŠ (%4#+ĹŠ 11 Ĺ—
ĹŠ -1(04#ĹŠ #1 Ĺ—ĹŠ #1- -".ĹŠ (" +%. Ĺ—ĹŠ 4(2ĹŠ .+ Â .2 Ĺ—ĹŠ 9#04(#+ĹŠ .-9;+#9 Ĺ—
feh [b cec[dje [ijWcei jhW# XW`WdZe [d bW fWhj[ \‡i_YW o Z[ W feYe dei kd_h[cei c|i Wb ]hkfeÇ$ 7Z[c|i i[‹WbÂŒ gk[ i_[cfh[ jkle bW _Z[W Z[ l[d_h W `k]Wh [d B_]W$ Ejhe `k]WZeh gk[ Ykcfb_ÂŒ ik fh_c[h Z‡W Z[ [djh[dWc_[djei \k[ =_elWddo ĂˆbW 9kY^WhWÉ 9W_# Y[Ze$ ÆGk_[he i[]k_h Yei[Y^Wd# Ze be]hei" [i kd [gk_fe ]hWdZ[ o W^ehW dei jeYW jhWXW`Wh o Z[# ceijhWh bW YedĂ’ WdpW gk[ c[ ZW [b jƒYd_Ye o bei Z_h_][dj[i feh Ă’ # `Whi[ [d c‡Ç" [d\Wj_pÂŒ$ <_dWbc[dj[" ;Z]WhZe 8WkpW WĂ’ hcÂŒ gk[ ^WijW [b cec[dje j_[# d[ [b fbWdj[b gk[ ƒb gk[h‡W" f[he gk[ de ^W Z[iYWhjWZe d_d]kdW YedjhWjWY_ÂŒd c|i$ ;ije Yed h[\[# h[dY_W W bei YWiei Z[ =_elWddo DWpWh[de o Z[ ;Z_ied CƒdZ[p" gk[ i_]k[d iedWdZe fWhW h[\eh# pWh Wb WYjkWb YWcf[ÂŒd$
.-ĹŠ$4341.ĹŠ(-!(#13.ĹŠ#-ĹŠ+ ĹŠ L‡Yjeh ;ijkf_‹|d o CWhbed =Wd# Y^eie l_W`Whed ^WY_W ;ijWZei Kd_# Zei" f[he Yed bW _dY[hj_ZkcXh[ Z[ gk[ j[dZh|d gk[ h[Wb_pWh kdW fhk[XW Wdj[i Z[ Ă’ Y^Wh feh Wb]‘d YbkX Z[ bW CBI CW`eh B[W]k[ IeYY[h Z[ ;ijWZei Kd_Zei" oW gk[ i[]‘d leY[hei eĂ’ Y_Wb[i Z[ bW b_]W [ijWZekd_Z[di[ bei Zei `k]WZeh[i h[Wb_pWh|d bW Ăˆfhk[XW WdkWbÉ" [d bW gk[ i[ [d\h[djWd YkWjhe [gk_fei Z_\[h[dj[i o Z[ ZedZ[ i[ [b_][d W bei `k]WZeh[i$ 7i‡ =WdY^eie o ;ijkf_‹|d j[dZh|d gk[ `k]Wh jh[i fWhj_Zei o [if[hWh bWi Z[Y_i_ed[i Z[ bei jƒYd_# Yei Z[ bei Z_\[h[dj[i [gk_fei Z[ bW CBI fWhW iWX[h i_ be]hWd _d]h[iWh
ēŊ (% Ŋ' Ŋ!.-31 3 ".Ŋ5 1(.2Ŋ)4% ".1#2Ŋ#-Ŋ+ Ŋ/.2(!(¢-Ŋ"#Ŋ -!'.2.Ŋ ĸ + -!.ĚĔŊ/.1Ŋ+.Ŋ04#Ŋ+#Ŋ1#24+3 1;Ŋ"($~!(+Ŋ% - 12#Ŋ4-Ŋ/4#23.ē
Wb ZhW\j e c[hYWZe Z[ fWi[i$ Ejhe `k]WZeh gk[ jWcX_ƒd l_W`Œ \k[ @eWe FbWjW" f[he [b decXh[ Z[b
`el[d \kjXeb_ijW de WfWh[Y[ [d bei b_ijWZei Z[ bW CBI" feh be gk[ ik l_W`[ ][d[hW cWoeh _dY[hj_ZkcXh[$
Ĺ? Ĺ?
Ĺ?
Ä Ä‡
ĀĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
#ĹŠ/.-#-ĹŠ+ 2ĹŠ/(+ 2
Ĺ—ĹŠ ĹŠĹŠ;b DWY_edWb Ă’ Y^ÂŒ [d bWi ‘bj_cWi ^ehWi W @kWd 7dWd]e# dÂŒ" 9h_ij_Wd BWhW o bW Z[ >k]e Lƒb[p" jh[i h[\k[hpei Yed [nf[h_[dY_W [d [b XWbecf_ƒ dWY_edWb gk[ bb[]Wd W kd ZƒX_b [gk_fe ĂˆC_b_jWhÉ$ 9ed [ijWi YedjhW# jWY_ed[i bei ĂˆFkhei 9h_ebbeiÉ fej[dY_Wd bW pedW e\[di_lW Z[b [gk_fe" gk[ [hW kdW Z[ bWi c|i ZƒX_b[i Wdj[ bW iWb_ZW Z[ _cfehjWdj[i [b[c[djei Yece C_Y^W[b @WYaied Gk_‹Œd[p o CWhbed Z[ @[i‘i$
(#+ĹŠ ĹŠ+ ĹŠ! 42
Ĺ—ĹŠ ĹŠĹŠ;ij[XWd :h[[h" Whgk[he Z[ :[fehj_# le 9k[dYW" [nfh[iÂŒ gk[ jkle lWh_Wi e\[hjWi Z[ ;c[b[Y fWhW YedjhWjWhbe" f[he fh[Ă’ h_ÂŒ i[]k_h [d [b 9k[dYW o Ykcfb_h Yed [b YedjhWje gk[ j_[d[ Yed [b YbkX WpkWoe$ 7Ă’ hcÂŒ gk[ [d bW Y_kZWZ WkijhWb i[ i_[dj[ YÂŒceZe o gk[ bW _dj[dY_ÂŒd Z[ ƒb [i i[]k_h [d [b Ăˆ;nfh[ie 7kijhWbÉ o Z[ W^‡ [if[hWh W Ă’ dWb[i Z[ W‹e fWhW l[h gkƒ efY_ed[i j_[d[ [d [b \kjkhe$
04(/.ĹŠ!.,/+#3.
Ĺ—ĹŠ ĹŠĹŠBW YkejW \eh|d[W Z[ ;c[b[Y i[ _dYehfehÂŒ W bei jhWXW`ei gk[ h[Wb_pW [b [gk_fe [d bW Y_kZWZ Wh][dj_dW Z[ CWh Z[b FbWjW$ <[hdWd# Ze =_cƒd[p \eje " B[WdZhe Jehh[i o 9h_ij_Wd C[dƒdZ[p i[ kd_[hed Wb h[ije Z[b [gk_fe [d ik[be Ăˆ]WkY^eÉ" kdW l[p gk[ fWiWhed bWi lWYWY_ed[i Z[ Ă’ dWb Z[ j[cfehWZW Yed iki \Wc_b_Wi$
#ĹŠ, -3(#-#ĹŠ #+ĹŠ2(23#, ĹŠ
Ĺ—ĹŠ ĹŠĹŠ7o[h i[ bb[lÂŒ W YWXe [b fh[# Yed]h[ie" [d [b gk[ i[ jhWjWhed lWh_ei fkdjei gk[ Z[X[h|d i[h WfheXWZei ^eo [d [b 9ed]h[ie ;njhWehZ_dWh_e Z[ <‘jXeb$ Kde Z[ bei fkdjei gk[ i[ jhWjÂŒ Wo[h \k[ [b i_ij[cW Z[ YWcf[e# dWje o i[h| [b c_ice Z[b W‹e fWiWZe" f[he Yed bW del[ZWZ Z[ gk[ [b ]eb Z[ l_i_jWdj[ [d bW Ă’ dWb Z[b YWcf[edWje de Yk[dj[" [ije fhefk[ije feh bW 7ie]kWoWi$
ÂĄ Ä“ĹŠ ."1(%.ĹŠ 1 -%.-(ĹŠ8ĹŠ ."1(%.ĹŠ #(7#(1 ĹŠ2#ĹŠ5(23(#1.-ĹŠ"#ĹŠÄĽ , 1(++.ÄŚÄ“
#4" 2ĹŠ8ĹŠ+.2ĹŠÄĽ .Äą .ÄŚ
+ĹŠ3#, ĹŠ#!.-¢,(!.ĹŠ2(%4#ĹŠ2(#-".ĹŠ#+ĹŠ/1(-!(/ +ĹŠ(-!.-5#-(#-3#ĹŠ / 1 ĹŠ 1!#+.- Ä“ĹŠ +ĹŠÄƒĹŠ!' )#ĹŠ"#ĹŠ 3 ,.1.2ĹŠ2#ĹŠ!.,/+(!¢ē 7b\edie >WhX" fh[i_Z[dj[ Z[ 8WhY[bedW" Xh_dZÂŒ Wo[h kdW hk[# ZW Z[ fh[diW [d bW gk[ i[ Z_[hed lWh_ei Z[jWbb[i ieXh[ [b [gk_fe o bWi YedjhWjWY_ed[i Z[b fbWdj[b" WZ[c|i Z[ Wb]kdei hkceh[i gk[ i[ ^Wd [c_j_Ze [d bei ‘bj_cei Z‡Wi$ >WhX fh_c[he h[Wb_pÂŒ bW fh[# i[djWY_ÂŒd Z[ bei `k]WZeh[i He# Zh_]e J[n[_hW o Z[ HeZh_]e CW# hWd]ed_" gk_[d[i h[Y_X_[hed bW YWc_i[jW Ăˆ7cWh_bbWÉ$ EjhW del[ZWZ gk[ Z_e W Yede# Y[h [b ĂˆFeY^eÉ \k[ bW YedjhWjWY_ÂŒd
ĹŠÄĽ 1(ÄŚĹŠ24 ŊĉćŊ ĹŠ+ ĹŠ#2/#1 ĹŠ"#+ĹŠ ÄĽ ' !'(3 ÄŚĹŠ BW i[b[YY_ÂŒd ikX (& i_]k[ Yed# Y[djhWZW [d bW 9WiW Z[ bW I[b[Y# Y_ÂŒd o [b jƒYd_Ye I_nje L_pk[j[ oW lW Z[Ă’ d_[dZe bW Z[b[]WY_ÂŒd Z[ `k]WZeh[i gk[ l_W`Wh| ^WijW F[h‘" fWhW fWhj_Y_fWh [d [b jeh# d[e IkZWc[h_YWde$ ;b cWb[ijWh Z[ L_pk[j[ feh [b WdkdY_e Wdj[i Z[ ^ehW Z[ bW dÂŒc_dW e\_Y_Wb i_]k[ bWj[d# j[ WĂ’ hcWdZe gk[ [iW b_ijW [hW fWhW [dl_WhbW W bW 9edc[Xeb o fWhW gk[ i[ Yed\[YY_ed[d bei kd_\ehc[i" f[he bW c_icW i[ cWdj[d‡W ‘d_YWc[dj[ [d kd /& " oW gk[ i_]k[ W bW [if[hW Z[ @edWj^Wd Z[ bW 9hkp" `k]WZeh Z[ bW fb[dW YedĂ’ WdpW Z[b jƒYd_# Ye$ Feh [bbe [b h[ije Z[ bW dÂŒc_# dW gk[ [dl_ÂŒ L‡Yjeh C[ijWdpW i[ cWdj[dZh‡W$ 7 :[ bW 9hkp i[ be [if[hWh| ^WijW [b bkd[i fWhW iWX[h i_ l_W`W Yed bW Z[b[]WY_ÂŒd ĂˆJh_YebehÉ$
Z[b Z[bWdj[he 7hcWdZe M_bW" gk_[d iedŒ _di_ij[dj[c[dj[ bW i[cWdW fWiWZW" f[he jeZWl‡W \Wb# jW [b WYk[hZe Yed C_Y^[bb[ :[bb[h" fh[i_Z[dj[ Z[b ?dZ[f[dZ_[dj[ Z[b LWbb[$ ;b j[cW Z[ >Œb][h CWjWcehei jWcX_ƒd \k[ jecWZe [d Yk[djW" oW gk[ [d bWi ‘bj_cWi ^ehWi [b j[cW [YedŒc_Ye ^W i_Ze kdW jhWXW fWhW bW bb[]WZW Z[b ^|X_b lebWdj[ e\[di_le$ >WhX W\_hcŒ gk[ [b [cfh[iWh_e Z[b `k]WZeh ^W i_Ze gk_[d ^W fk[ije jhWXWi W bW d[]eY_WY_Œd" oW gk[ [ij|d
XkiYWdZe ieXh[ jeZWi bWi YeiWi [b X[d[\_Y_e [YedÂŒc_Ye" Wdj[i gk[ [b Z[fehj_le e [b ĂˆWceh W bW YWc_i[jWÉ$ 9ed h[if[Yje Wb j[cW [YedÂŒ# c_Ye" jWcX_ƒd i[ ^W h[jhWiWZe bW Ă’ hcW Z[ h[delWY_ÂŒd Yed C|n_ce 8Wd]k[hW" oW gk[ W‘d de ^W bb[# ]WZe W kd WYk[hZe [YedÂŒc_Ye$ .ĹŠ2(%4#-ĹŠ#-ĹŠ#+ĹŠ/+ -3#+
;d YkWdje Wb j[cW Z[ bW iWb_ZW Z[ `k]WZeh[i" >WhX [nfh[iŒ gk[ C_a[ HeZh‡]k[p o @eh][ 9[lWbbei de Yedj_dkWh|d [d [b fbWdj[b" oW
gk[ de [ij|d Z[djhe Z[ bei fbW# d[i Z[ HkXƒd :Wh‡e ?di‘W" feh be gk[ j[dZh|d jeZWi bWi \WY_b_ZWZ[i fWhW XkiYWh ejhe [gk_fe$ ?dYbki_# l[ [b c_ƒhYeb[i oW \k[hed _cf[Z_# Zei Z[ [djh[dWhi[ `kdje Wb h[ije Z[b fbWdj[b$ Ejhe `k]WZeh gk[ de Yedj_# dkWh| [i @kWd 7dWd]edÂŒ" gk_[d de j[d‡W YedjhWje Yed [b [gk_fe o oW Ă’ hcÂŒ Yed ;b DWY_edWb fWhW [ijW j[cfehWZW$ BW Z_h[Yj_lW Ăˆ9WdWh_WÉ i_]k[ W bW [if[hW Z[ bW YedjhWjWY_ÂŒd Z[b YkWhje h[\k[hpe \eh|d[e$
Č ĉ
!4 ".1 ¢,(-
4% ".1ĹŠĹŠĹŠĹŠ 04(/.
.'-ĹŠ 1 ,(++.ĹŠĹŠ (% ĹŠ"#ĹŠ 4(3. 1(.ĹŠ (-#(" ĹŠ -"Ä“ĹŠ"#+ĹŠ ++#ĹŠ
.'-ĹŠ 15;#9ĹŠĹŠ #/.13(5.ĹŠ 4#-! (7.-ĹŠ 11.8.ĹŠĹŠ #/.13(5.ĹŠ 4(3. #--82ĹŠ 4( ¢-#9ĹŠĹŠ 1!#+.- (;-ĹŠ 4#13#2ĹŠĹŠ +ĹŠ !(.- + #1- -".ĹŠ ( .1ĹŠĹŠ ,#+#! 1(23( -ĹŠ #-(++ ĹŠĹŠ 2/.+( 1+.-ĹŠ #ĹŠ #2ĂŒ2ĹŠĹŠ +ĹŠ !(.- +
4 -ĹŠ 9 1#2ĹŠĹŠ Ä“ĹŠ + 3#ŊĹŊ 1%#-3(- 1!.2ĹŠ (!#".ĹŠĹŠ ,#+#! 1#""8ĹŠ 1!#+_-ĹŠĹŠ +ĹŠ !(.- + ^"2.-ĹŠ .-3  .ĹŠĹŠ ĹŠ #-3ŊĹŊ _+%(! #- 3.ĹŠ 11 ĹŠĹŠ +ĹŠ !(.- + #1- -".ĹŠ (-(++.ĹŠĹŠ ,#+#! -"1_2ĹŠ  ŊŊ -"Ä“ĹŠ"#+ĹŠ ++# ĂŒ+ĹŠ (-" ĹŠĹŠ +ĹŠ !(.- + 1+.2ĹŠ:+ 5 ĹŠĹŠ +ĹŠ -3 ""8#ĹŠ . . ĹŠĹŠ .! $4#13# +3#1ĹŠ ' +;ĹŠĹŠ #/.13(5.ĹŠ 4#-!
;ij[ Zec_d]e bW ĂˆJh_É j[dZh| kd fWhj_Ze Wc_ijeie Wdj[ [b ?c# XWXkhW o W^‡ I_nje L_pk[j[ oW _h| Z[Ă’ d_[dZe [b [gk_fe j_jkbWh gk[ i[ c[Z_h| Wdj[ 9ebecX_W [b fhÂŒn_ce '- Z[ [d[he$
5 -9 ĹŠ#-ĹŠ1#,.-3 ĹŠ_/(!
+ĹŠ#04(/.ĹŠ"#+ĹŠ#!4 3.1( -.ĹŠ #Ä‚ĹŠ#12.-ĹŠ .-3#1.ĔŊ#+ĹŠ (++ 1# +ĔŊ!.-2(%4(¢Ŋ 5 -9 1ĹŠ ĹŠ!4 13.2ĹŠ"#ĹŠÄƒĹŠ- +ĹŠ"#ĹŠ+ ĹŠ ./ ĹŠ"#+ĹŠ #8ĔŊ#23.ĹŠ31 2ĹŠ"#11.3 1ĹŠ +ĹŠ +#-!( ĔŊ/.1ĹŠÄŒÄąÄ‰Ä”ĹŠ8 ĹŠ04#ĹŠ#-ĹŠ#+ĹŠ/ 13(".ĹŠ"#ĹŠ(" ĹŠ' ~ -ĹŠ#,/ 3 ".ĹŠ ĹŠ!#1.2Ä“ĹŠ +ĹŠ ÄĽ 4 , 1(-.ĹŠ , 1(++.ÄŚĹŠ345.ĹŠ04#ĹŠ1#,.-3 1ĹŠ".2ĹŠ%.+#2ĹŠ#-ĹŠ!.-31 ĹŠ +ĹŠÄƒĹŠ- +(9 1ĹŠ #+ĹŠ/1(,#1ĹŠ3(#,/.Ä“ĹŠ .-3#1.ĹŠ-.ĹŠ345.ĹŠ/ 13(!(/ !(¢-ĹŠ#-ĹŠ#23#ĹŠ/ 13(".ĔŊ/#2#ĹŠ ĹŠ04#ĹŠ$4#ĹŠ!.-5.! ".Ä“
+ĹŠ+4 ĹŠ 1 2(+ĹŠ)4% 1;ĹŠ#+ĹŠ / 13(".ĹŠ,;2ĹŠ(,/.13 -3#ĹŠ
-ĹŠ 1 (31.ĹŠ , 3# .ĹŠ #-ĹŠ+ ĹŠ ;b WcXWj[‹e 9h_ij_Wd :Wh‡e B[iYWde" WhX_jhe Z[ )- W‹ei" eXjkle bW [iYWhWf[bW Z[ bW <?<7" [b W‹e fWiWZe" o f_jWh| Yed EcWh FedY[ [d [b IkZ# Wc[h_YWde Z[ <‘jXeb IkX (& gk[ i[ Y[b[XhWh| [d B_cW F[h‘ [d bei fhÂŒn_cei Z‡Wi$ B[iYWde fWhj_Y_fÂŒ Yece WhX_jhe Wi_ij[dj[ ZkhWdj[ [b (&'&" [d bW 9efW B_X[hjWZeh[i" IkZWc[h_YWdW" 9efW 9h[Z_\["
Ĺ? ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
Ä Ä
[djh[ ejhei$ ;b WhX_jhe WcXWj[‹e [\[Y# jkWh| ^eo lWh_Wi fhk[XWi \‡i_# YWi [d =kWoWgk_b" fWhW ik YWb_# Ă’ YWY_ÂŒd _dj[hdWY_edWb$ C[Z_Wdj[ ik Z[i[cf[‹e Z[iZ[ ik YWhh[hW Yece |hX_jhe" Z[iZ[ iki '/ W‹ei" bW <?<7 b[ ^W ejeh]WZe bW c[h[Y_ZW WYh[# Z_jWY_ÂŒd gk[ b[ jhWdi\ehcW [d [b i[]kdZe WhX_jhe YWb_Ă’ YWZe Z[b fW‡i$
#1- -".ĹŠ 8.1% Ŋĸ(ĚĔŊ2~-"(!.ĹŠ"#ĹŠ+ ĹŠ 2.ĹŠ ĂŒ3 .+ĹŠ"#ĹŠ 4-Äą %41 '4 ĔŊ"().ĹŠ04#ĹŠ4- ĹŠ/#12.- ĹŠ-.ĹŠ#2ĹŠ (#-ĹŠ1#!( (" ĹŠ2(ĹŠ , -3(#-#ĹŠ4-ĹŠ/1. +#, ĹŠ.ĹŠ"#-4-!( ĹŠ#-ĹŠ24ĹŠ!.-31 Ä“ĹŠĹŠĹŠ Bk[]e Z[ kd W‹e Z[ ^WX[h i_Ze eXb_]WZe W de `k]Wh" [b 9bkX Ie# Y_Wb o :[fehj_le 8hWi_b [if[hW _cfWY_[dj[ bW hWj_Ă’ YWY_ÂŒd Z[ bW YWj[]eh‡W gk[ fei_Xb[c[dj[ bW <[Z[hWY_ÂŒd ;YkWjeh_WdW Z[ <‘j# Xeb <;< ejeh]Wh| W [ij[ [gk_fe WcXWj[‹e ^eo" [d [b Yed]h[ie [njhWehZ_dWh_e gk[ i[ [\[YjkWh| [d =kWoWgk_b$ >[hd|d 8[`WhWde" Z_h[Yj_le Z[b 9bkX 8hWi_b" Z_`e gk[ [b fbWd# j[b Ykcfb_ÂŒ Wo[h ,, W‹ei Z[ Yh[W# Y_ÂŒd o Z[ ]beh_Wi" f[he [b ‘bj_ce Wd_l[hiWh_e \k[ Wb[`WZe jejWb# c[dj[ Z[ bWi YWdY^Wi o \k[hW Z[b eX`[j_le feh [b gk[ i[ Yh[ÂŒ$
;b [gk_fe f[hZ_Œ bW YWj[]eh‡W [d (&&/" bk[]e Z[ ikfk[ijei WY# jei Z[ _dZ_iY_fb_dW feh fWhj[ Z[ Wb]kdei `k]WZeh[i" Wb]e gk[ ^W ikY[Z_Ze [d ejhWi _dij_jkY_ed[i Z[fehj_lWi" f[he de i[ ^Wd Wfb_# YWZe bWi c_icWi iWdY_ed[i$ I_d [cXWh]e" fei_Xb[c[dj[ [b YWie de i[h| jhWjWZe [d [b Yed# ]h[ie" Z[X_Ze W gk[ bW ZeYkc[d# jWY_Œd de \k[ [dl_WZW W j_[cfe" [i Z[Y_h gk[ Z[ WYk[hZe Wb h[]bW# c[dje" YkWbgk_[h ZeYkc[dje i[ Z[X[ [dl_Wh Yed '+ Z‡Wi Z[ Wdj[# h_eh_ZWZ o [b fbWpe l[dY‡W [b fW# iWZe (( Z[ Z_Y_[cXh[$ <[hdWdZe CWoeh]W" i‡dZ_Ye
Z[ bW 7ieY_WY_Œd Z[ <‘jXeb Z[ Jkd]khW^kW" WYbWhŒ gk[ bei Z_# h[Yj_lei Z[ [b YbkX 8hWi_b de fh[# i[djWhed bW ZeYkc[djWY_Œd d_ jWcfeYe h[j_hWhed bW Z[dkdY_W [d YedjhW Z[ bW <;<" [i feh [ie gk[ Z_Y^ei ZeYkc[djei de \k[# hed h[Y_X_Zei feh [b 9ec_jƒ ;`[# Ykj_le Z[ bW c|n_cW _dij_jkY_Œd Z[ \‘jXeb [YkWjeh_WdW$ F[i[ W [ie" HWdZ[b Hk_p" fh[# i_Z[dj[ o HeZh_]e HeZh‡]k[p" Wi[ieh `kZ_Y_Wb Z[b YbkX1 l_W`Whed Wo[h Wb Yed]h[ie [d [if[hW Z[ Wb]kdW iebkY_Œd gk[ Wb fWh[Y[h j[dZh| gk[ [if[hWh Wb]‘d j_[c# fe c|i$
/ !(3 !(¢-ĹŠ ĹŠ+(% 2ĹŠ! -3.- +#2 .8ĹŠ#+ĹŠ! -3¢-ĹŠ .!' ĹŠ#2ĹŠ#+ĹŠ/1¢7(,.ĹŠ#2!#- 1(.ĹŠ".-"#ĹŠ2#ĹŠ"#2 11.+Äą + 1;ĹŠ+ ĹŠ! / !(3 !(¢-ĹŠ ĹŠ+.2ĹŠ!+4 #2ĹŠ! -3.- +#2ĹŠ2. 1#ĹŠ+ ĹŠ-4#5 ĹŠ #8ĹŠ"#+ĹŠ #/.13#ĹŠ8ĹŠ+.2ĹŠ! , (.2ĹŠ"#ĹŠ242ĹŠ#23 343.2ĔŊ ĹŠ/ 13(1ĹŠ"#ĹŠ+ 2ĹŠÄˆÄ?ĖććĔŊ#-ĹŠ 4-ĹŠ2 +¢-ĹŠ"#+ĹŠ 4-(!(/(.Ŋĸ/.1ĹŠ!.-ÄƒĹŠ1, 1ĚēŊ
2ĹŠ31(/4+ !(.-#2ĹŠ8ĹŠ #+ĹŠ/ĂŒ +(!.ĹŠ%.9 1;-ĹŠ "#ĹŠ2#%41(" "ĹŠ/ 1 ĹŠ 04#ĹŠ"(2$143#-ĹŠ+ ĹŠ !.,/#3#-!( ĹŠ#-ĹŠ$ Äą ,(+( ĹŠ8ĹŠ!.-ĹŠ ,(%.2Ä“ BWi Ă’ [ijWi Z[ bW fWhhegk_W F_YW_# ^kW i[ l_l[d W be ]hWdZ[ o be gk[ de feZ‡W \WbjWh [i bW YWhh[hW Z[ YeY^[i Z[ cWZ[hW gk[ i[ Z[iW# hhebbWh| [b ', Z[ [d[he W fWhj_h Z[ bWi '&0&&" Z[iZ[ [b i[Yjeh >kWY^_ =hWdZ[" ^WijW bb[]Wh Wb Y[djhe Z[ bW fWhhegk_W$ F_bejei o YeY^[i Z[ cWZ[hW feZh|d fWhj_Y_fWh [d bWi YWj[]e# h‡Wi `kl[d_b" fh[`kl[d_b" i[d_eh" cWij[h o bbWdjW _dĂ“ WZW" Wgk[bbWi
gk[ fhejW]ed_pWh|d kdW Yecf[# j[dY_W Z[ c|n_cW WZh[dWb_dW [d [b Z[iY[die feh [b fWie bWj[hWb o bW l‡W W F_YW_^kW" [d kd h[Yehh_# Ze _dj[h[iWdj[ o h|f_Ze$ Bk_i FWbWj[" c_[cXhe Z[ bW B_]W Z[ [ijW fWhhegk_W" ieijkle gk[ fWhW fWhj_Y_fWh [d bW Yec# f[j[dY_W Z[X[d _diYh_X_hi[ [d bWi eÒ Y_dWi Z[ bW B_]W FWhhegk_Wb" kX_YWZWi [d [b Y[djhe Z[ F_YW_# ^kW" Z[ ',0&& W '/0&&$ ;ij[ [i kd i^em ]WhWdj_pWZe fWhW Z_i\hkjWhbe [d \Wc_b_W" Z[X_# Ze W gk[ [n_ij_h|d bWi ikÒ Y_[dj[i i[]kh_ZWZ[i fWhW bei f_bejei o [b f‘Xb_Ye [d ][d[hWb Yed c_[c# Xhei Z[ bW Feb_Y‡W gk[ [ijWh|d Z_ijh_Xk_Zei W be bWh]e Z[b h[Ye# hh_Ze$
Ä“ĹŠ +ĹŠ#5#-3.ĹŠ"#/.13(5.ĹŠ"#ĹŠ #731#, ĹŠ5#+.!(" "ĹŠ2#ĹŠ++#5 1;ĹŠ ĹŠ! .ĹŠ#+ĹŠ ".,()-%.ĹŠÄˆÄ?ĹŠ"#ĹŠ#-#1.Ä“
Ĺ‡Ä’ÄŒÄ?ÄŠÄŽ
.2ĹŠ!.!'#2ĹŠ"#ĹŠ, "#1 ĹŠ#-ĹŠ 4 !'(
Ä Ä‚
Ĺ? ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
3+#3 2ĹŠ/.1ĹŠ +.2ĹŠ! ,(-.2ĹŠ "#ĹŠ -ĹŠ 2("1.ĹŠ
1 ".1 Fh[l_e W bW c|n_cW Yecf[# j[dY_W Z[ bei WcXWj[‹ei [d bW HkjW Z[ bei Jh[i @kWd[i" i[ Z[iWhhebbWh| bW I[]kdZW 9W# hh[hW 7jbƒj_YW DWY_edWb Z[de# c_dWZW ĂˆFeh bei YWc_dei Z[ IWd ?i_Zhe BWXhWZehÉ" Yed '& a_bÂŒc[jhei Z[ h[Yehh_Ze [d jeZWi bWi YWj[]eh‡Wi" eh]Wd_# pWZW feh bW B_]W :[fehj_lW Z[ F_YW_^kW$ ;b [l[dje Z[fehj_le i[ bb[# lWh| W YWXe [b i|XWZe ', Z[ [d[he Z[ [ij[ W‹e" W fWhj_h Z[ bWi '&0&&" feh bWi YWbb[i Z[ bW fWhhegk_W$ >ecXh[i o ck`[h[i [d bWi YWj[]eh‡Wi Z[ d_‹ei Z[ '( W‹ei1 `kl[d_b" ^WijW '. W‹ei1 i[d_eh" ^WijW )/ W‹ei lWhed[i o )* ZWcWi1 cWij[h o ikf[h# cWij[h" Z[ )+ W */ W‹ei" fe# Zh|d _diYh_X_hi[ [d bW i[Yh[# jWh‡W Z[ bW B_]W FWhhegk_Wb" eĂ’ Y_dW Z[ CWkh_Y_e FWbWj[" gk_[d [i [b eh]Wd_pWZeh Z[ [ij[ [l[dje Z[fehj_le gk[ WYe][h| W Y_[djei Z[ jkh_ijWi Z[ Z_ij_djWi fhel_dY_Wi Z[b fW‡i$ 9ece ‘d_Ye h[gk_i_je" bei Wjb[jWi Z[X[h|d bb[lWh ik Yƒ# ZkbW Z[ Y_kZWZWd‡W e fWhj_ZW Z[ dWY_c_[dje fWhW feZ[h _diYh_X_hi[ o h[Y_X_h [b YÂŒZ_]e Z[ fWhj_Y_fWY_ÂŒd$ 42ĹŠ -3#!#"#-3#2
BW Yecf[j[dY_W i[ Z[iWhhebbÂŒ feh fh_c[hW l[p [d [b (&'&" WYe]_[dZe W c|i Z[ )&& Z[# fehj_ijWi" gk_[d[i YedĂ’ hcW# hed ik fWhj_Y_fWY_ÂŒd dk[lW# c[dj[ [d [ij[ W‹e$ Bei ]WdWZeh[i h[Y_X_h|d fh[c_ei [YedÂŒc_Yei" jhe# \[ei o c[ZWbbWi ZedWZei feh fh_eij[i o f[hiedWi lebkdjW# h_Wi" gk_[d[i WfeoWd Wb Z[# fehj[$ 9ed [ijW Yecf[j[dY_W i[ fh[dZ[ bW Ă’ [ijW cWoeh [d ^e# deh W ik fWjhede IWd ?i_Zhe BWXhWZeh Z[ bW fWhhegk_W F_YW_^kW$
Ä“ĹŠ ĹŠ! 11#1 ĹŠ2#ĹŠ"#2 11.+Äą + 1;ĹŠ/.1ĹŠ+ 2ĹŠ! ++#2ĹŠ"#ĹŠ+ ĹŠ!(4" "Ä“
#24-(¢-Ŋ#-Ŋ+.2Ŋ !+4 #2Ŋ -# .2Ŋ
.2Ŋ#04(/.2Ŋ"#+Ŋ! -3¢-Ŋ  .2Ŋ /("#-Ŋ,;2Ŋ! / !(3 !(¢-Ŋ#-Ŋ 3#, 2Ŋ"#Ŋ+ Ŋ #8Ŋ"#+Ŋ #/.13#ē
I[]‘d bW B[o Z[b :[fehj[" bei Ybk# X[i Z[X[h|d h[\ehcWh iki [ijWjk# jei `kh‡Z_YWc[dj[ ^WijW [b '+ Z[ \[Xh[he Z[ [ij[ W‹e" Yed [b Ă’ d Z[ Z[Ă’ d_h gk[ j_fe Z[ YbkX[i lWd W \ehcWh iki Ă’ b_Wb[i" i_d [cXWh]e" Wgk[bbei c_[cXhei Z[ bei YbkX[i Z[b YWdjÂŒd 8W‹ei Z_Y[d Z[iYede#
Y[h Z[ [ijW B[o o de ^WY[d dWZW feh Ykcfb_h bW Z_ifei_Y_ÂŒd$ :[ WYk[hZe W bW B[o WfheXW# ZW [b '' Z[ W]eije Z[ (&'&" Yed h[]_ijhe e\_Y_Wb ((+" bWi B_]Wi :[fehj_lWi 9WdjedWb[i Z[X[h|d h[\ehcWh iki [ijWjkjei h[if[Yje W bW dk[lW dehcWj_lW b[]Wb fWhW
Yed\ehcWh bei dk[lei eh]Wd_i# cei Z[b Z[fehj[ \ehcWj_le [if[# Y_Wb_pWZe" [i Z[Y_h gk[ fWiWh|d Z[ i[h h[Yh[Wj_lWi W \ehcWj_lWi$ FWhW [ie" kd Z[b[]WZe Z[b C_d_ij[h_e Z[ :[fehj[ [d Jkd# ]khW^kW M_bied IWdjWcWh‡W" i[Yh[jWh_e Z[ bW <[Z[hWY_Œd :[# fehj_lW Z[ Jkd]khW^kW <:J " [\[Yj‘W kdW i[h_[ Z[ YWfWY_jWY_e# d[i ieXh[ bW dk[lW B[o" o [b Y_Ybe Yec[dpŒ [d 8W‹ei [b fWiWZe bk# d[i (- Z[ Z_Y_[cXh[$ I_d [cXWh]e" Z[X_Ze W bW Z[i# kd_Œd Z[ bei YbkX[i o bW h_lWb_#
ZWZ gk[ fei[[d" de [ijkl_[hed fh[i[dj[i [d Z_Y^W YWfWY_jWY_ÂŒd o W^ehW de ^WY[d dWZW fWhW h[# kd_hi[ o h[\ehcWh iki [ijWjk# jei$ :Wbo 8WhedW" c_[cXhe Z[b CedjWble <‘jXeb 9bkX Z[ bW Y_kZWZ Z[ 8W‹ei" Z_`e [ijWh fh[eYkfWZe feh bW i_jkWY_ÂŒd o [ij| W bW [if[hW Z[ kdW dk[lW YWfWY_jWY_ÂŒd gk[ [b Ckd_Y_f_e e\h[Y[h| Yed kd Yed]h[i_bbe fWhW feZ[h YedY[djhWh W jeZWi bWi Ă’ b_Wb[i o bei YbkX[i" f[i[ W bW Z[ikd_ÂŒd$
-ĹŠ"4#+.ĹŠ"#ĹŠ3(3 -#2ĹŠ +ĹŠ/4# +.ĹŠ"#+ĹŠ! -3¢-ĹŠĹŠ (2 +#.ĹŠ"# #ĹŠ4-(12#ĹŠ / 1 ĹŠ +#-3 1ĹŠ ĹŠ24ĹŠ2#+#!!(¢-ĹŠ8ĹŠ 42! 1ĹŠ4- ĹŠ2#Äą %4-" ĹŠ5(!3.1( ĹŠ -3#ĹŠ#+ĹŠ#04(/.ĹŠ -3 ĹŠ 149Ä“ 7o[h Whh_XÂŒ [b [gk_fe Z[ IWdjW 9hkp Z[ =Wb|fW]ei fWhW bW ]hWd h[lWdY^W Wdj[ [b J_iWb[e Ifehj_d] 9bkX" [dYk[djhe _dj[hfhel_dY_Wb gk[ i[ [\[YjkWh| [d [b ;ijWZ_e Ckd_Y_fWb Z[ J_iWb[e" feh cej_le Z[ iki \[ij_l_ZWZ[i$ ;b [dYk[djhe i[ Z[iWhhebbWh| cW‹WdW W fWhj_h Z[ bWi '&0&&$ I[]‘d 7djed_e 9Wijhe" Yeeh# Z_dWZeh Z[b [dYk[djhe" [b Yej[`e [i Z[ YWh|Yj[h Wc_ijeie o [i bW i[]kdZW l[p gk[ [ijei Zei [gk_# fei fhel_dY_Wb[i i[ [d\h[djWh|d
Yece fh[fWhWY_Œd Z[b fbWdj[b Z[ =Wb|fW]ei" fWhW `k]Wh [b YkW# ZhWd]kbWh Z[ \‘jXeb$ BW Z[b[]WY_Œd l_i_jWdj[ [ij| ^eif[ZWZW [d bW >eij[h‡W I_[hhW 8[bbW o ^eo l_i_jWh|d bW Y_kZWZ Z[ 8W‹ei" fWhW [djh[dWh fh[l_e Wb [dYk[djhe Z[ cW‹WdW" [d [b YkWb Wi_ij_h|d Y_[djei Z[ Y_kZWZWdei fWhW Z[b[_jWhi[ Z[ kd [l[dje Z[# fehj_le Z[ Wbje d_l[b" [d Wfeoe W bW i[b[YY_Œd Z[ J_iWb[e gk[ [if[# hW ik i[]kdZW l_Yjeh_W" [ijW l[p Z[ beYWb$
Ä“ĹŠ +ĹŠ!.3#).ĹŠ2#ĹŠ)4% 1;ĹŠ, Â - ĹŠ#-ĹŠ#+ĹŠ#23 "(.ĹŠ 4-(!(/ +ĹŠ"#ĹŠ (2 +#.Ä“
#Ŋ/1#2#-3¢Ŋ ŊŊ-4#5.Ŋ (2! +
Ĺ—ĹŠ ĹŠĹŠ <[hdWdZe 9WXh[hW[i [b dk[le <_iYWb Fhel_dY_Wb Z[ Jkd]khW^kW" bW fh[i[djWY_ÂŒd eĂ’Y_Wb \k[ Wo[h W bWi ',0&& [d [b WkZ_jeh_e Z[ bW c[dY_e#
Ä Äƒ
dWZW [dj_ZWZ$ 9WXh[hW c[dY_edŒ ik _dj[dY_Œd Z[ jhWXW`Wh [d \Wleh Z[ bW Yeb[Yj_l_ZWZ [d bW fh[l[dY_Œd Z[b Z[b_je" oW gk[ [i kdW kd_ZWZ _dl[ij_]Wj_lW" WZ[c|i i[ Yecfhec[j_Œ W jhWXW`Wh [d Yed`kdje Yed bWi Wkjeh_ZWZ[i feb_Y_Wb[i Wb _]kWb gk[ Yed [b WbYWbZ[" fh[\[Yje" ]eX[hdWZeh" [djh[ ejhWi Wkjeh_ZWZ[i$
Ĺ? ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
# (. -Ĺ‹ Ĺ‹.,6(-#.)Ĺ‹Ĺ‹ (Ĺ‹ # # ' ,
- -#( .)-Ĺ‹ *),Ĺ‹ /&* Ĺ‹Ĺ‹ &Ĺ‹&# ), Bei ‘bj_cei i[_i Wi[i_dWjei fheZkY_Zei [d bW fhel_dY_W" ^Wd i_Ze eYWi_edWZei feh Ykb# fW Z[b b_Yeh" i[]‘d 9Whbei Fepe" fh_dY_fWb Z[ bW Feb_Y‡W @kZ_Y_Wb Z[ Jkd]khW^kW$ Bei ^[Y^ei Z[ iWd]h[ i[ fheZk`[hed0 Zei [d IWdjW HeiW" kde [d 7beXWcXW" J_iWb[e1 J[# Y^e Fhef_e o 7jW^kWbfW" Z[ bei YkWb[i iebe [n_ij[ kd c[deh Z[ [ZWZ Z[j[d_Ze$ Fepe Wh]kc[djÂŒ gk[ i[ [ij| jhWjWdZe Z[ beYWb_pWh W bei Y_d# Ye fh[ikdjei Wi[i_dei" fWhW gk[ fW]k[d iki YkbfWi" f[he gk[ bWi f[b[Wi" gk[ j[hc_dWhed [d jhW][Z_Wi" ^Wd i_Ze eYWi_e# dWZWi feh [b Yedikce [nY[i_le Z[ b_Yeh [d bWi Ă’[ijWi" feh [dZ[ i[ f_Z[ W bW Y_kZWZWd‡W jecWh Yed c[Z_ZW" fWhW [l_jWh _dY_# Z[dj[i bWc[djWXb[i$ BW Wkjeh_ZWZ Wb i[h Yedikb# jWZW ieXh[ =_elWddW Fƒh[p" gk_[d Z[iWfWh[Y_ÂŒ [b * Z[ Z_# Y_[cXh[" cWd_\[ijÂŒ gk[ ^WijW [b cec[dje de i[ j_[d[ _d\eh# cWY_ÂŒd YedYh[jW ieXh[ ik fW# hWZ[he" ^Wo lWh_Wi ^_fÂŒj[i_i gk[ i[ [ij|d cWd[`WdZe$ >WijW [b cec[dje d_d]kde Z[ iki Wc_]ei e \Wc_b_Wh[i ^Wd h[Y_X_Ze kd c[diW`[ e Wb]kdW Yeckd_YWY_ÂŒd ieXh[ bW `el[d ck`[h$
/ 0)Ĺ‹ - &.) :Wc_|d E" Z[ (( W‹ei o <[h# dWdZe F" Z[ () W‹ei" [ijk# Z_Wdj[i Z[ bW Kd_l[hi_ZWZ JƒYd_YW Z[ 7cXWje" \k[hed WiWbjWZei [b c_ƒhYeb[i fWiW# Ze" W bWi '-0)& [d bW _dj[hi[Y# Y_ÂŒd Z[ bW YWbb[ @kWd 8[d_]de L[bW o CWh_Wde ;]”[p" YkWd# Ze i[ Z_h_]‡Wd Wb fWhgk[ '( Z[ Del_[cXh[" W Ye][h Xki fWhW ikX_h W bW c[dY_edWZW [dj_# ZWZ [ZkYWj_lW$ Bei cWb[Wdj[i bei _dj_c_# ZWhed Yed dWlW`Wi" fWhW iki# jhW[hb[i kdW YecfkjWZehW f[hiedWb" iki Y[bkbWh[i o (& ZÂŒbWh[i [d [\[Yj_le$ Bei Zei `ÂŒl[d[i cWd_\[i#
ēŊ .2Ŋ+~"#1#2Ŋ!.,4-(3 1(.2Ŋ2#Ŋ1#4-(#1.-Ŋ!.-Ŋ+ Ŋ .+(!~ Ŋ !(.- +Ŋ'.1 2Ŋ -3#2Ŋ"#Ŋ+ Ŋ+( #1 !(¢-Ŋ"#Ŋ+.2Ŋ"#3#-(".2ē
)& - (. -Ĺ‹-)(Ĺ‹ /- )-Ĺ‹ Ĺ‹,) )Ĺ‹ (Ĺ‹ " */(!)
.2ĹŠ(-"~%#- 2ĹŠ"#ĹŠ+ ĹŠ!.,4-(" "ĹŠ/1.'(Äą (#1.-ĹŠ#+ĹŠ !!#2.ĹŠ ĹŠ+ ĹŠ/1#-2 ĹŠ 1%4,#-Äą 3 -".ĹŠ04#ĹŠ#1 ĹŠ4-ĹŠ/1.!#2.ĹŠ(-3#1-.Ä“
;b heXe Z[ l_l_[dZWi [d [b i[Yjeh Z[ 9^WYWfkd]e" f[hj[d[Y_[dj[ W bW fWhhegk_W @kWd 8[d_]de L[bW" ][d[hŒ gk[ lWh_Wi f[hiedWi Z[b i[Yjeh i[ Z[Z_gk[d W _dl[ij_]Wh gk_[d[i [ijWXWd Z[jh|i Z[ bei _b‡Y_jei$ 9ed _d\ehcWY_Œd Z[ bei _dZ‡# ][dWi Z[b bk]Wh" o [d XWi[ W [l_# Z[dY_Wi" Z[j[hc_dWhed gk[ C[h# Y[Z[i D" @[ddo D" @Wl_[h D" o @eiƒ ;b_Y[e D" Wb_Wi @Wl_Ye o kd DD"
jeZei c[deh[i Z[ [ZWZ" [ijWXWd Z[jh|i Z[ bei heXei Zec_Y_b_W# h_ei" bei WZeb[iY[dj[i \k[hed Z[# j[d_Zei W bWi '-0*& Z[b c_ƒhYeb[i fWiWZe$ I[]‘d kde Z[ bei cehWZeh[i" gk[ fh[Ă’h_ÂŒ de _Z[dj_Ă’YWhi[ feh j[ceh W h[jWb_WY_ed[i Z[ bei Z_# h_][dj[i Yeckd[hei" bei heXei Z[ Wd_cWb[i o YeiWi Z[ bWi l_# l_[dZWi" i[ ^Wd _dYh[c[djWZe dejWXb[c[dj[" Wb fkdje gk[ ^Wd
/+(! !(¢-ĹŠ"#ĹŠ+ ĹŠ)423(!( ĹŠ Ĺ—ĹŠĹŠ #%4-".ĹŠ ' +4(2ĔŊ (2! +ĹŠ"#ĹŠ 24-3.2ĹŠ -"~%#- 2ĔŊ, -($#23¢Ŋ04#ĹŠ+.2ĹŠ2#(2ĹŠ )¢5#-#2ĹŠ !42 ".2ĹŠ"#+ĹŠ/1#24-3.ĹŠ(+~!(3.ĹŠ$4#1.-ĹŠ+( #1 ".2ĹŠ ĹŠ+ 2ĹŠÄˆÄŽÄ–Ä‡Ä‡ĹŠ"#ĹŠ 8#1Ä“
.2ĹŠ/ "1#2ĹŠ"#ĹŠ+.2ĹŠ)¢5#-#2ĹŠ +ĹŠ(%4 +ĹŠ04#ĹŠ+.2ĹŠ"#3#-(".2ĔŊ2#ĹŠ' 1~ -ĹŠ!.,/1.,#3(".ĹŠ ĹŠ"#5.+5#1ĹŠ+.2ĹŠ 13~!4+.2ĹŠ/1#24-3 ,#-3#ĹŠ24231 ~".2ĔŊ2#%ĂŒ-ĹŠ4-ĹŠ(-$.1,#ĹŠ#731 .ă!( +ĹŠ 04#ĹŠ++#%¢Ŋ ĹŠ#23#ĹŠ"( 1(.ĔŊ+ ,#-3 +#,#-3#ĹŠ-.ĹŠ/#1,(3(#1.-ĹŠ#+ĹŠ !!#2.ĹŠ ĹŠ+ ĹŠ/1#-2 ĹŠ / 1 ĹŠ" 1ĹŠ ĹŠ!.-.!#1ĹŠ ĹŠ+ ĹŠ!(4" " -~ ĹŠ+.ĹŠ04#ĹŠ24!#"(¢Ŋ#-ĹŠ#+ĹŠ+4% 1Ä“
[n_ij_Ze YWiWi gk[ i[ gk[ZWhed YWi_ lWY‡Wi$ F[Zhe 7]kW]Wbbe" h[fh[i[d# jWdj[ Z[ bW Yeckd_ZWZ 9^_Xkb[e" _dZ_YŒ gk[ [b WYY[ie W bei c[Z_ei Z[ Yeckd_YWY_Œd [ij| h[ijh_d]_# Ze" fehgk[" W Z[Y_h Z[ ƒb" de YebW# XehWd [d dWZW o be ‘d_Ye gk[ ^W# Y[d [i cWb _dj[hfh[jWh bW \ehcW Z[ `kij_Y_W gk[ [bbei Wfb_YWd$ I[ Z_e W YedeY[h gk[ bei fh[# ikdjei Z[b_dYk[dj[i [ijWXWd Z[j[d_Zei [d Zei l_l_[dZWi Z_i# j_djWi" f[he de i[ fkZe [djh[# l_ijWhbei" W f[iWh Z[ bei _dj[djei h[Wb_pWZei$ 9kWjhe c_[cXhei Z[b =hk# fe Z[ Ef[hWY_ed[i ;if[Y_Wb[i =E; Z[ bW Feb_Y‡W DWY_edWb" h[i]kWhZWhed bW _dj[]h_ZWZ \‡i_# YW Z[ bei Z[j[d_Zei feh bW Yeck# d_ZWZ" YWX[ c[dY_edWh gk[ bei _dj[]hWdj[i Z[ 9^WYWfkd]e" i[ ceijhWhed XWijWdj[ ^[hcƒj_Yei ieXh[ bW _d\ehcWY_Œd Z[ bei `Œl[# d[i Z[j[d_Zei$
I[]‘d kd _d\ehc[ [c_j_Ze feh bW @[\WjkhW Z[ Jh|di_je o I[]kh_ZWZ L_Wb Z[ Jkd# ]khW^kW" bei WYY_Z[dj[i Zk# hWdj[ [b c[i Z[ Z_Y_[cXh[" i[ ^Wd _dYh[c[djWZe [d YecfWhWY_Œd Yed bei c[i[i Wdj[h_eh[i$ ;d [d[he i[ h[]_ijhWhed -& WYY_Z[dj[i" [d \[Xh[he .)" cWhpe ./" WXh_b -*" cWoe ''-" `kd_e '&)" `kb_e //" W]ei# je '&, " i[fj_[cXh[ -," eY# jkXh[ -," del_[cXh[ ''/ o Z_Y_[cXh[ ')($ BWi fh_dY_fWb[i YWkiWi fWhW gk[ i[ fheZkpYWd bei WYY_Z[dj[i ied Z[iYedeY_# ZWi" bWi c_icWi gk[ eYkfWd [b )+ feh Y_[dje" _cf[h_Y_W e _cfhkZ[dY_W Z[b YedZkYjeh" ][d[hWd [b )'"-. feh Y_[dje Z[ bei Y^egk[i" c_[djhWi gk[ cWd[`Wh [Xh_e [b '( feh Y_[dje" h[XWiWh [d bk]Wh[i de f[hc_j_Zei" [b '&".* feh Y_[dje" _cfhkZ[dY_W Z[b f[WjŒd" [b ("-- feh Y_[dje" YWiei \ehjk_jei [b '"*) feh Y_[dje$ Bei _dY_Z[dj[i c|i Ye# ckd[i ied bei Wjhef[bbei gk[ eYkfWd [b ((")+ feh Y_[dje" [ijh[bbWc_[dje [b (&"(+ feh Y_[dje" Y^egk[ bWj[hWb [b ')",'" Y^egk[ feh WbYWdY[ ''"+'" Y^egk[ \hed# jWb [b +"++ feh Y_[dje o bei lebYWc_[djei [b +"/( feh Y_[dje$ ;d jeZe [b W‹e i[ h[]_i# jhWhed '() \Wbb[Y_Zei1 [d [d[he" eY^e1 \[Xh[he" dk[l[1 cWhpe" ''1 WXh_b" eY^e1 cWoe" i[_i1 `kd_e" '-1 `kb_e ')1 W]ei# je" YkWjhe1 i[fj_[cXh[" i[_i1 eYjkXh[" dk[l[1 del_[cXh[" i[_i o Z_Y_[cXh[ jWcX_ƒd i[_i$ 7djed_e Jh_Y[hh_" fh_dY_# fWb Z[ bW @[\WjkhW Z[ Jh|di_# je" c[dY_edŒ gk[ [b eX`[j_le fWhW [ij[ (&''" [i Yedj_dkWh XW`WdZe bei ‡dZ_Y[i Z[ WY# Y_Z[djWX_b_ZWZ [d XWi[ W ef[hWj_lei Z[ Yedjheb o YedY_[dY_WY_Œd Z[ bW ][dj[ [d bW \ehcW Z[ YedZkY_h iki l[^‡Ykbei$
-., && '# (.)Ĺ‹ (Ĺ‹& Ĺ‹ (4 ( Ĺ‹ Ĺ‹ ,) 7 bWi &,0&& Z[ Wo[h" bW fbWjW\eh# cW Yed fbWYW ?87#)-/'' YedZkY_# ZW feh I[h]_e 9^_YWcWd]W" i[ [i# jh[bbÂŒ YedjhW kd feij[ [d [b i[Yjeh Z[ bW CWdpWdW Z[ Ehe" [djhWZW W 9[lWbbei$ Bei ][dZWhc[i gk[ WYkZ_[# hed Wb bk]Wh fkZ_[hed YedijW# jWh bei ZW‹ei cWj[h_Wb[i gk[ i[ fheZk`[hed feh [b WYY_Z[dj[" Z[
_dc[Z_Wje [b YWhhe \k[ bb[lWZe Wb fWj_e Z[ h[j[dY_Œd l[^_YkbWh Z[ ?pWcXW" ^WijW gk[ i[ h[Wb_Y[d bWi _dl[ij_]WY_ed[i f[hj_d[dj[i$ ;b YedZkYjeh Z[b Wkjecejeh [ij| Z[j[d_Ze fWhW _dl[ij_]W# Y_ed[i" f[hiedWb Z[ I[hl_Y_e Z[ ?dl[ij_]WY_Œd Z[ 7YY_Z[dj[i Z[ Jh|di_je I?7J " _dZW]W gk[ \k[ be gk[ h[Wbc[dj[ fWiŒ" fWhW i[
fheZkpYW [b WYY_Z[dj[" gk[ \[b_p# c[dj[ de Z[`Œ l‡Yj_cWi \WjWb[i$ I[ f_Z[ W bei YedZkYjeh[i je# cWh bWi Z[X_ZWi fh[YWkY_ed[i fWhW [l_jWh _dY_Z[dj[i bWc[djW# Xb[i" h[if[jWh bWi i[‹Wb[i Z[ jh|d# i_je" kiWh [b Y_djkhŒd Z[ i[]kh_# ZWZ" ied Wb]kdWi Z[ bWi c[Z_ZWi gk[ fk[Z[d iWblWh l_ZWi [d YWie Z[ fheZkY_hi[ kd WYY_Z[dj[$
Â&#x; Ä“ĹŠ +ĹŠ! ,(¢-ĹŠ,4#231 ĹŠ+#5#2ĹŠ" Äą  .2ĹŠ/1."4!3.ĹŠ"#+ĹŠ(,/ !3.ĹŠ/1."4!(".ĔŊ #+ĹŠ 43.,.3.1ĹŠ/#1, -#!#ĹŠ1#3#-(".Ä“
āą
ŏĈŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
M<E;<;FI<J #-"#".1ēũ ćĒĎđĈĐďĒĉ
-$ēũ
ćĊĉČĈĎĊČĉũ
ĵũ
ũ #-3 2ũ8ũ!. 1 -9 2ēũ -$ēũćĒĎćĉČćďĉ
GIF=<JFI<J ũ 1.$#2.1ũ"#ũ,Ì2(! ēũ _!-(!.ũ#-ũ .!#-ı !( ũ 42(! +ēũ -$ēũĉČĈđĐđđũĵũćđČďĒĈćĐĊ 1 4+ 1( ēũ ćĒĉĎćĈĊďĐũ
-$ēũ
ćĒđĊĐĊćČďũ
ĵũ
(,/(#9 ũ "#ũ .$(!(- 2ũ 8ũ ,#-2 )#1 ēũ -$ēũ ćĒĒćĉĉđĈĊũ
2(23#-3#ũ #ũ #1#-!( Ĕũ 5#-3 2ēũ -$ēũ ćĒđĐČĊćĐĒũĵũĉđćĉČĊć
.,4-(! ".1 ũ .!( +ēũ -$ēũ ćđĊććĎĒČĊũ ĵũĉđĉďĒĉĉ
-%#-(#1.ũ #-ũ ,/1#2 2ēũ -$ēũ ĉČĈČĉĊďũ ĵũćđĐđĈďđďćũ
-%#-(#1 ũ #-ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ćĒĎĐĈČĒđďũĵũĉČĎććĎć
4(" ".ũ "#ũ -!( -.2ũ 8ũ -( .2ēũ -$ēũ ĉČĉĊĎćĊũ
!'(++#1ũ 4~,(!.ũ (¢+.%.ēũ -$.1,#2ũ ćđĐĒĎĒćĉČĵćđĐĈĎďĒĎĒ
ũ ũ ēũ ēũ ćđĐĊđĎďđď
-%ēũ #-ũ (23#, 2ēũ #+ũ ćđĈćĈĎđĊďĵũ ĉČĈďĈĐĉ
ũ -%#-(#1 ũ .,#1!( +Ėũ -$ēũũĉđćĎČĎĈ
(,/(#9 ũ "#ũ ! 2 Ĕũ .$(!(- 2ēũ -$ēũ ćđďĐďďĐĈćũĵũĉČĈĎČĎĊũ
2!.+3 Ĕũ/1.3#!!(¢-ũ#)#!43(5 Ĕũ%4 1" #2ı / +" 2ēũ -$ēũćđČđĒČđĒĐũ
ũ #!;-(!.ũ(-"4231( +ēũ -$ēũćĒĎćĒĊĉćĉũ
ũ .2.ũ#-ũ.5#1+.!*Ĕũ1#!4 1(".1 Ĕũ. 1 2ũ ũ + ũ! 2 ũ++ , 1ũćĒĈĒĉćĈĉć
1#-2(23 Ĕũ #7/#1(#-!( ũ #-ũ (,/1#-3 2ēũ -$ēũćĒĒĒďČđĈďũĵũĉđĉĉďĐĒũ
-%#-(#1 ũ .,#1!( +ũ !.-ũ #7/#1(#-ı !( ũ #-ũ !. 1 -9 2ēũ -$ēũ ćđČĎćĊďđČũ ĵũ ćđĐČćĐĈćČũ -%#-(#1 ũ .,#1!( +ēũ -$ćđĐđĊĈĊđĒ
154+ 1( ēũ -$ēũćđČČČćĒĊđ
:FEK8;FI<J %1#2 ".ũ"#ũ .-3 (+(" "ũ8ũ 4"(3.1( ēũ -$ēũćđĐĒĒĐĈĈĊũĵũćđĊćĊđĒđĊ .!3.1 ũ#-ũ!.-3 (+(" "ũ8ũ 4"(3.1( ũ -$Ėũ ćĒĒćĉĉČĉĐĵũćĊĉđĎĈđďĎ .-3 ".1 ũ ēũ .$1#!#ũ 242ũ 2#15(!(.2ũ "#ũ 2#2.1~ ũ .-3 +#ũ8ũ 1( 43 1( ēũ -$ēũ ćđĐĊćđĉĊĐ ũ -%#-(#1.ũ#-ũ .-3 (+(" "ũ8ũ 4"(3.1~ ēũ -$ēũũ #+$ēũĉČĉĎĎĈĎũĵũ #+ēũćđČďĎđČČĉ -%#-(#1.ũ #-ũ !.-3 (+(" "ũ 8ũ 4"(3.1~ ēũ -$.1,#2ũĉđĉĐđĐĎũĵũćĒĎĈĐĐĒĎď ũ .-3 ".1ũ ĵũ ",(-(231 ".1ēũ -$ēũ ćĊũ ĉũ ČĈćĊĈĒũćĒđũđĎĒĐĉĉ )#1.Ĕũ 84" -3#ũ"#ũ+.%~23(! Ĕũ./#1 ".1ũ "#ũ,.-3 ! 1% 2ēũ -$ēũćĒđĐĊĈĒĉć 2(23#-3#ũ!.-3 +#ēũ -$ēũćĒđĐĎćČďĒ ũ .-3 ".1ēũ -$ēũĉČČĈďČĈũĵũćđĐČĊĈĎđĈ
8KI9E ;CFB;E %1#2 ".ũ -%#-(#1( ũ (5(+ũ -$ēĖũćĒĎĉďĒĈČĐũ ıćĒĎćČĊĊĒĊ
-%#-(#1.ũ#-ũ .-3 (+(" "ũ8ũ 4"(3.1( ēũ -$ēũĉđĎĊĐĊĒũĵũćđČďćĐđĈďũ
%1#2 ".ũ "#ũ -%#-(#1~ ũ #-ũ +(,#-3.2ēũ -$ēũćĒđĊćđĒĈďũ
ũ -%#-(#1.ũ#-ũ"(2# .ũ -"4231( +ēũ(-$.1,#2ũ ĉČĈĉĈĈđĵćđĐćĉĎćĎĒ -%#-(#1 ũ #-ũ $(- -9 2ēũ (-$.1,#2ũ ĉđĐČĉćĈĵćđĐđĈďĎĉĉ -%#-(#1 ũ #-ũ .-3 (+(" "ũ 8ũ 4"(3.1~ ēũ -$ēũćĒđĎĒĐĈđď
-%#-(#1 ũ#-ũ ,/1#2 2ēũ -$ēũćđĐĒđĉĐĊĐũ
-%#-(#1 ũ#-ũ 1% -(9 !(¢-ũ"#ũ ,/1#2 2ēũ -$ēũĉČČĎĊĎĎ
-%#-(#1.ũ !.,#1!( +ēũ ĉČĎĉĒĎćũ ĵũ ćĒĎĒđĉĒĒĒ
ũ -%#-(#1 ũ#-ũ ",(-(231 !(¢-ũ"#ũ ,/1#ı 2 2ēũ -$ēũćđĐĈđĈČĐĒ
ũ -%#-(#1.ũ"#ũ ,/1#2 2ēũ -$ēũĉČČĉĉĐďũ ĵũćđĊĉĒĒĐĉĐ
-%#-(#1 ũ #-ũ ćđćĐĎĎĉĎČ
%1#2 ".ũ "#ũ -%#-(#1~ ũ +#!31¢-(! ũ #-ũ .,4-(! !(.-#2ēũ -$ēũ ĉđĉĎďĐĈũ ĵũ ćđČĐđĎćĐĎũ
ũ ēũ ēũ ēũ ćđČĎĈĊĐćĉũĵũĉđĉĐČČĉ
-%#-(#1 ũ .,#1!( +ēũ -$ēũ ĉđČďćĉČũ ĵũ ćĒďđćĉĐďĈ %1#2 ".ũ "#ũ -%#-(#1~ ũ +#!31¢-(! ũ #-ũ .,4-(! !(.-#2ēũ -$ēũ ĉđĉĎďĐĈũ ĵũ ćđČĐđĎćĐĎũ
-%ēũ #!;-(!.ēũ 2/#!( +(9 ".ũ#-ũ ",(ı
-(231 !(¢-ũ "#ũ 1."4!!(¢-Ĕũ ēũ + , 1ũ +ũ ĉČĎĈĈĊČũĵũćĒĎđĎĎĐĈĉ
+(,#-3.2ēũ
-$ēũ
-%#-(#1.ũ #-ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ćđČČĈČĉćĈũĵũćĒĐĊćĈĊĈć -%#-(#1.ũ (5(+ēũ -$ēũćĒĉĐćĒĐďĈ -%#-(#1.ũ#-ũ (23#, 2ēũ -$ēũćĒđĊĉĉćđĎ
8;D@E@JKI8K@MFJ %1#2 ".ũ"#ũ ",(-(231 !(¢-ũ"#ũ ,/1#ı 2 2ēũ -$ēũćĒČđĎđĈĎĎēũ #!1#3 1( ũ )#!43(5 ēũ -$ēũ đĊĉČĊĊđČũ
.-3 ".1 ēũ -$ēũĉđČďćĒďćĉũĵũĉđĐČďĊĉ
-%#-(#1.ũ #-ũ #1! ".3#!-( ēũ -$ēũ #+$ēũ ĉđĎĒĊĒĈũĵũćĒČČćĎđČČũĵũćđĐđĈĐĉđĉ
47(+( 1ũ !.-3 +#ēũ -$ēũ ćđČĈĒĎĉĊĐũ ĵũ ĉđĉĊĉĈĐ
-%#-(#1 ũ "#ũ ,/1#2 2ēũ -$ēũ #+$ēũ ćđďđĊĈĎĒũĵũćĒĈććďďĉď
#15(!(.2ũ"#ũ .-3 (+(" "ũ #-#1 +ũ/.1ũ '.1 2ũ .ũ ũ !.,(2(¢-ēũ -$ēũ ćđĐćđĊĐđĈũ ĵũĉđČĈĉČĉ
-%#-(#1 ũ .,#1!( +Ėũ -$ēũćĒđĉĐĐďĐĈ
%1#2 " ũ (#-!( 2ũ ",(-(231 3(5 2ēũ -$ēũ ćđĊĉďČćĉć
ũ -%#-(#1.ũ #-ũ (23#, 2ēũ -$.1,#2Ėũ ĉČĎĉĐĎĎũĵũćđĐČĒĊĉČĉ
/ !(3 ".1ũ#-ũ ",(-(231 !(¢-ũ Ì +(! ēũ -$ēũćĒČĎĊćČćđ
-%#-(#1.ũ #-ũ +(,#-3.2ēũ -$.1,#2Ėũ ćĒđĈĐĊđĐĉ
47(+( 1ũ ",(-(231 3(5 Ĕũ 5#-3 2Ĕũ 3#-ı !(¢-ũ +ũ !+(#-3#ēũ -$ēũ ćđČĐČČĐćČũ ĵũ ćđĊĈđĐđČĊũ
#!1#3 1( ı!.-3 ".1 ēũ %1#2 " ũ"#ũ .-ı 3 (+(" "ũ8ũ 4"(3.1( ēũ -$ēũćĒĉĎďćĈďďũĵũ ĉđĎćĒĉĐ
89F>8;FJ 234"( -3#ũ "#ũ 41(2/14"#-!( Ĕũ 2_/3(,.ũ 2#,#231#ēũ -$ēũćđćĐČďĒďĈ
ũ -%#-(#1.ũ +#!31¢-(!.ũ8ũ #+#!.,4-(! ı !(.-#2ēũ -$ēũĉĎĉĈĈđď
.% " ēũ -$ēũĉČĉČćĎĒũĵũćĒĎČćĒĐĐĒ
ũ -%#-(#1 ũ .,#1!( +ēũ -$ēũ ĉđĉĐČČĉũ ĵũ ćđČĎĈĊĐćĉ
.% ".ēũ -$ēũćđđđĈČĒćĈ
47(+( 1ũ .-3 +#ēũćĒĒČćĊČĐĒ #!1#3 1( ēũ -$ēũćĒĎćĉđĐĉĊ
#!1#3 1( ũ #!#/!(.-(23 ēũ 47(+( 1ũ!.-ı 3 +#ēũ -$ēũćđČĎďďĈĒďũ
:?F=<I<J ũ '.$#1ũ /1.$#2(.- +Ĕũ +(!#-!( ũ 3(/.ũ ēũ -$ēũ ćĒĉČćĉĎĈĎũ #!1#3 1( ũ ĵũ !'.$#1ũ /1.$#2(.- +ēũ -$ēũ ćđĒĈĒĈđđĈũ '.$#1ũ /1.$#2(.- +Ĕũ ! 3#%.1~ ũ ēũ -$ēũ ćđĐĊČĐČĎĉ '.$#1ũ/1.$#2(.- +ēũ(/.ũ ũũ!.-ũ! ,(¢-ũ"#ũ Ďũ3.-#+ " 2ē -$ĖũćĒĐĈĊĉďĈČ '.$#1ũ /1.$#2(.- +ēũ (/.ũ ũ -$.1,#2Ėũ ĉČĉĉĒĐćĵćđĐĊČĉĈĐď '.$#1ũ/1.$#2(.- +Ėũ -$.1,#2ĖũĉČĉĐĎĊđ '.$#1ũ /1.$#2(.- +ũ ĵũ #%41(" "ũ -"42ı 31( +Ėũ -$ēĖũćĊĉđĎĈđďđıćĒĉĎĒćĈđđ '.$#1ũ /1.$#2(.- +ēũ ĉđĎďČćĒũ ĵũ ćĒĎĎćďďĐđ '.$#1ũ /1.$#2(.- +Ĕũ +(!#-!( ũ 3(/.ũ ġ Ģēũ #-%.ũ ! ,(¢-ũ 84-" (ũ 41%.-ũ Ĕũ ĈĒĒČĔũ ! / !(" "ũ Ċũ 3.-#+ " 2ēũ 3#+_$.-.Ėũ ćĒĒĉćĊĐĎđũıũĉĎĉĉđĊđ '.$#1ũ /1.$#2(.- +ēũ -$ēũ ćĊĉũ ČĈĉĊćđũ ĵũ ćđČĈČđđđĊ '.$#1ũ /1.$#2(.- +ēũ -$ēĖũ ćđĉćČđĐĊĉũũ ĸćĊĹĉČĈĊČĉĊũ
ũ '.$#1ũ /1.$#2(.- +Ĕũ ũ !.-ũ ! ,(¢-ũ ćđĒćĎĎđćČ '.$#1ũ /1.$#2(.- +Ĕũ ! 3#%.1~ ũ ēũ -$ēũ ćĒđćĐćĉČČũ '.$#1ũ/1.$#2(.- +ũ3(/.ũġ Ģũ/ 1 ũ3 7(2ũ8ũ ! ,(.-#2ũ"#ũĎũ3.-#+ " 2ēũ -$ĖũĉČććđĎĎũ ıũćĒĎĐĒĒĈČĊũũũũũũ '.$#1ũ2/.13, -ēũ -$ēũćđĐďďĉĊĊĊũũũũũ
<:FEFD@JK8J
:FEJKIL::@FE
-%#-(#1.ũ"#ũ ,/1#2 2ēũ -$ēũćĒđĐĎĉĐćĐ
!.-.,(23 ēũ -$ēũ ćĒĉĒČĒĊĐĎũ ĵũ ĉĎĉĈđČć
#!-¢+.%.ũ (5(+ũ 8ũ ( +ēũ -$Ėũ ĉČĉĉĒĐćĵũ ćđĐĊČĉĈĐď
%1#2 " ũ "#ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ćĒĎĎĒćĎđđ
-%#-(#1.ũ #-ũ (23#, 2ēũ -$ēũ ĉđĎĊĒĉĊũ ĵũ ćĒđĎďČđČĈ
%1#2 " ũ #-ũ -! ũ 8ũ (- -9 2ēũ -$ēũ ćĒĉĎĐććĈČ
234"( -3#ũ ćĒĒćĎĊĊđĐ
42!.ũ #,/+#.ēũ -%#-(#1.ũ #-ũ .-ı 3 (+(" "ũ 8ũ 4"(3.1~ Ėũ ćĊĉđĎĈđĊĎũ ĵũ ćđČČĒČĐĐĒ
,/+# " ũ".,_23(! ēũ #+$ĖćđĒĒćĎĒČĉũ ĵćđĒĒĊĊĊĉČ
13#2 -.ũ! +($(! ".ũ#-ũ +4,(-(.ũ8ũ5("1(.ēũ 1(! ,.2ũ/4#13 2Ĕũ5#-3 - 2Ĕũ5(31(- 2Ĕũ #3!ēũ #15(!(.ũ "#ũ , -3#-(,(#-3.ēũ -$ēũ ćĒĐĎČĈđĐĎ
#ũ
#1#!'.ēũ
-$ēũ
GJ@:FCF>FJ
<DGC<F ;FD<JK@:F
-%#-(#1 ũ #-ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ćđĐđĈďĎĉĉ
(,/(#9 ũ"#ũ! 2 2Ĕũ"#/ 13 ,#-3.2Ĕũ.$(!(ı - 2ēũ -$.1,#2ĖũćĒćĊĊĎĈĐďũĵũĉĐĎČďĈĉēũ
2(!¢+.% ũ -"4231( +ēũ -$ēũ ĉČĈĈČďćũ ĵũ ćđČĈĐĈďĒĐ
-%#-(#1.ũ .,#1!( +ēũ -$ēũ ĉČĎĉĒĎćũ ĵũ ćĒĎĒđĊćć
4(" ".ũ"#ũ -!( -.2ēũ -$ēũćĒđđćĎĊČćũ
ũ 2(!¢+.% ũ -"4231( +ēũũ -$ēũćĒĎČĉĉĈĊĊ
-%#-(#1.ũ#-ũ ,/1#2 2ēũ -$ēũĉČĈĎĊĒćũĵũ ćđćďĈĈćĒć -%#-(#1.ũ .,#1!( +ı '.$#1ũ/1.$#2(.- +ēũ -$ēũćđČČĈČđĎć
ũ 11#%+.ũ "#ũ !.,/43 ".1 2ēũ -$ēũ ćĒĎđćČČđď
ũ #!1#3 1( ēũĉđČĒĉĐď
ũ /#1 ".1ũ "#ũ ,;04(- 2ũ (-"4231( +#2ũ ĵũ
234"( -3#ũ Đ,.ēũ #,#231#ũ "#ũ 1*#ı 3(-%ēũ -$ēũćĒĎĎĊĊĈđĊ
#-2 )#1.ũ .3.1(23 ēũ -$ēũĉČĈĒĉĊĐ
_!-(!.ũ #-ũ (23#, 2ēũ -$ēũ ćđĐćĎĊďĊćũ ĵũĉđĉĈďđČ
ũ #!#/!(.-(23 ũĵũ 2(23#-3#ũ .-3 +#ēũ -$ēũ ćđĐĊđďĈĉĐ
ũ (!#-!( " ũ#-ũ .,4-(! !(¢-ũ .!( +ēũ -$ēũ ćĒĎćĉĒĒďđ
."#%4#1.ũĵũ 4 1"( ēũ -$ēĖũćđČıďĎĉēČČćũ ĵũćĒĊıďćĉıĉĐĉũ
ũ !'(++#1ũ _!-(!.ēũ +#!31(!(" "ũ -"42ı
4/#15(2.1ũ "#ũ ."#% ēũ -$ēĖũ ćĒĉũ ĒĎũ Ďđũ ćĉũIJũĉũČĉũČČũĉĎũũũ
2(23#-3#ũ"#ũ.$(!(- ũ #+$ĖũćđČıĉĉĉıĉćĎ
4 1"( ũ"#ũ #%41(" "ēũ -$ēũćĒđĐČĉĐČČ
84" -3#ũ"#ũ.$(!(- ũĵũ 47(+( 1ũ"#ũ#-$#1ı ,#1~ ēũ -$.1,#2ĖũćĒđĉćĉĈĈĉ .,4-(! ".1ũ 2.!( +ũ ĵũ #+ !(.- ".1ũ Ì +(!.ũ ĵũ #231.ũ "#ũ #1#,.-( 2ēũ -$ēũ ćđČćĈĐČďĒ %1#2 ".ũ 1*#3(-%ũ8ũ #23(¢-ũ"#ũ #%.ı !(.2ēũ #+$ĖũĉđĎćĈĊĐĵćĒđĊđĉććČ #-2 )#1.ēũ -$ēũĉĐďĉĊđĉ ũ .,4-(! ".1 ũ .!( +ēũ -$ēũĉđĉĈĊĒĊ .8ũ 4 1"( ũ "#ũ 2#%41(" "ũ -$Ėũ ćđĊĈćĒĒđĒũĵũĉČĈďĊĈĉ
4(" ".ũ"#ũ -!( -.2ēũ -$ēũćĒĉĐćĎĒČď #-%.ũ,4!' ũ#7/#1(#-!( ũ +ũ!4(" ".ũ"#ũ /#12.- 2ũ "#ũ + ũ 3#1!#1 #" "ũ .ũ "#ũ , ũ "#ũ++ 5#2Ĕũ2(ũ"#2# 2ũ,(ũ2#15(!(.2Ĕũ++ , 1Ėũ #+$2ĖũćĉČĉĉĒĐćũĵũćđĐĊČĉĈĐďĦ
#231.ũ#+#!31.,#!;-(!.ēũ .+" "41 ũ"#ũ 34 #1~ 2ũ ũ /1#2(¢-ēũ -$ēũ ũ ćĒĊćĎĊĈĒĉũ ĵũ ćđĈđĒĉĒĉďũ .+.!.ũ %8/24-Ĕũ !(#+.ũ 1 2.ēũ -$ēũ ĉđĎĊĐđČ #+#!31(!(23 Ĕũ ,#-2 )#1.Ĕũ ."#%4#1.Ĕũ %4 1"( ũ /1(5 ".ēũ -$ēũ ćđđĒćđĒďďũ ĵũ ćđČĎČĉĊĊČũ
M8I@FJ
31( +ēũ -$ēũĉĐĎĎććć
2#15(!(.ũ "#ũ .1" ".2ēũ -$ēũ ĉČĉČćĐĈũ ĵũ ćĒđĈďćČĎĊũ %1#2 ".ũ #-ũ 1*#3(-%ũ 8ũ #23(¢-ũ "#ũ #%.!(.2ũ #+$ēũ ćĊĉČĈĉđćĊĵćđĐČČćĉďĎ #15(!(.ũ"#ũũ!423."(.Ĕũ#2!.+3 ũ#)#!43(5.ēũ -$ēũĉČĉĐĉĒćũĵũćđĒďĒďĈĎĐũ !'(++#1ũ #-ũ ćĒĉĎĈĊĉĊĒũ
(-$.1, 3(! ēũ
-$ēũ
%1#2 ".ũ #-ũ -%#-(#1~ ũ #-ũ 1% -(ı 9 !(¢-ũ "#ũ ,/1#2 2ũ -$Ėũ ĉČĉĈĈďČĵũ ćđČĈđćČČČĵćđĈĊĐćČĊČ
-$ēũ
!'(++#1ũ #-ũ !.-3 (+(" "ēũ 7/#1(#-!( ũ #-ũ 5#-3 2ũ 8ũ 3#-!(¢-ũ +ũ !+(#-3#ēũ #+$Ėũ ćđĊĉĒĉČĐĊ
ũ _!-(! ũ 4/#1(.1ũ #-ũ .,/43 !(¢-ũ #ũ (-$.1,;3(! ēũ -$ēũćđćĊĎďĉĎĐ
ũ %1#2 " ũ"#ũ .-3 (+(" "ũ8ũ 4"(3.1( ēũ -$ēũćđČďĈĎććĐĔũćĊĉđĉĒĎĒĐ
#!1#3 1( ũ )#!43(5 ũ (+(-%Õ#ēũ -$ēũ ćđĒĐđĈćđć
234"( -3#ũ -.5#-.ũ -(5#+ũ "#ũ ",(-(2ı 31 !(¢-ēũ -$ēũćĒĎĎĉďĉĈČ
47(+( 1ũ "#ũ .$(!(- ũ ĵũ ,#-2 )#1.ēũ -$ēũ ćđĐĎĎĉĊďĈ
,/+# ".ũ -! 1(.ũ !4 +04(#1ũ ;1# ėũ !'.$#1ũ /1.$#2(.- +ũ #+$ēũ ćĒĎĒďĎČĊĐũ 8ũ ćĊũĉČĈćČČĉ
..1"(- ".1 ũ ćĊĉĉĐČćđĈĐ
"#ũ
5#-3.2ēũ
ũ #-ũ +4,(-(.ũ 8ũ 5("1(.ēũ -$ēũ ĉđĉĊďĈĈũ ĵũ ćĒđĈĊĒĎĉĒ
ũ 2(!¢+.%.ũ -"4231( +ēũ -$ēũ ćđČĊĊĎĎĊČũ ĵũĉČććĎďĐũ
@E><E@<IFJ
(!#-!( " ũ #-ũ 1 ).ũ .!( +ēũ -$ēũ ćĒĎďĐĎĈĉĉ
.,4-(! !(¢-ũ .!( +ēũ -$ēũĉđĉďĒĉĉ
11#%+.ũ ! 2 2Ĕũ "#/ 13 ,#-3.2ũ 4ũ .$(!(ı - 2Ĕũ 84" ũ8ũ!4(" ".ũ ũ "4+3.2ũ, 8.1#2ēũ -$ĖũćĒđĐĎĉđĈď
#%.!(.2ēũ -$ēũćđĐČćĊđĊČ
13 ēũ !'(++#1ũ#-ũ(-$.1, 3(! ũ 4#- ũ/1#ı 2#-!( ēũĉđĎćČČĐ
#+#!31(!(23 ũ ĵũ , -3#-(,(#-3.ũ ĵēũ -$ēũ ćĒĒĎćĒĊĉćĉũũ
-%#-(#1 ũ #-ũ #23(¢-ũ (- -!(#1 ēũ -$ēũ ĉČĎććĎćũĵũćĒĎĐĈČĒđď
ũ %1#2 ".ũ #-ũ 1*#3(-%ũ 8ũ #23(¢-ũ "#ũ ũ #!1#3 1( ũ (+(-%Õ#ēũ -$ēũĉđĎĉĊďć
(,/(#9 ũ "#ũ ! 2 Ĕũ .$(!(- 2ēũ -$ēũ ćđďĐďďĐĈćũĵũĉČĈĎČĎĊũ
-$ēũ
%1#2 " ũ 1*#3(-%ũ8ũ #23(¢-ũ"#ũ #%.ı !(.2ēũ -$ēũćĒđĉĊĊĈĉĎ
+(!#-!( ũ3(/.ũ Ĕũ +.-#1.ũũćđČďďđďĎĒ
.-3 ".1 ı !'(++#1Ĕũ ũ ,#"(.ũ 3(#,/.ēũ -$ēũĉđĉćĊďđ
234"( -3#ũ ćĒđććĒĈĎď
ćđČďĈĎĊďćũ
ũ .5#-ũ !'(++#1ũ #-ũ .-3 (+(" "ũ !.-ũ
!'.$#1ũ /1.$#2(.- +ũ ĵũ 1# +(9.ũ 5( )#2ũ !.-ũ 5#'~!4+.ũ/1./(.ēũ -$ēũćđĊĈĈĐćĊĉ
-%#-(#1.ũ #-ũ .-3 (+(" "ũ 8ũ 4"(3.1~ Ėũ ćĊĉđďĐĉĈďũĵũćđĐĐđĉĒĉĊ
ũ 2(!¢+.% ũ -"4231( +ēũ -$ēũ ĉČĉĈĊČĈũ ĵũ
ĵũ
,/+# " ũ".,_23(! ēũ #+$ĖćĒćĐĐďĈĐČĵ ćđĒĒćĎĒČĉĵćđĒĒĊĊĊĉČ
2(!¢+.%.ũ -"4231( +ēũ -$.1,#2ĖũĉđČďĈđČũ ĵũćĒĉĐđĊĉĎČ 2(!.+.%~ ēũ
ćĒĐĎďĉĎĒćũ
%1#2 " ũ"#ũ+ ũ$ !4+3 "ũ"#ũ .-3 (+(" "ũ 8ũ 4"(3.1~ ēũ -$ēũĉđĉđĐĐĊũĵũćĒĒĉďďĐĉĈ
154+ 1( ēũ -$ēũćĒĉĎĐććĈČ
"#ũ
-$ēũ
+#!31(!(23 ēũ -$ēũćĒĉĎđćĊćĒũ
42!.ũ #,/+#.ēũ -%#-(#1.ũ #-ũ .-ı 3 (+(" "ũ 8ũ 4"(3.1~ Ėũ ćĒđĉĉĐĊĈđũ ĵũ ćĊĉČĈĎĎĊđ
2(!¢+.%.ũ -"4231( +ēũ -$ēũćđĐČČďĎĒĊũ
-$#1,#1 ēũ ćđČĎČĐČĈĒ
_!-(!.ũ#-ũ(-$.1,;3(! ēũ -$ēũćĒđđďĒĈćĊ
#!#/!(.-(23 ēũ -$ēũ ćĒĒČćĊČĐĒũ ĵũ ćđĉďĎďĉČćũ 84" -3#ũ "#ũ !.!(- Ĕũ ! , 1#1.ēũ -$ēũ ćĒćČČČĎĒĐ
#1 /( ũ ~2(! ēũ -$ēũĉČĈĐĐĉĒ
,#-2 )#1.Ĕũ1#! 4" ".1Ĕũ%4 1"( ũ/1(5 ı ".ēũ -$ēũćđđĒćđĒďďũĵũćđČĎČĉĊĊČũ
1*#3(-%ũ 8ũ #23(¢-ũ "#ũ #%.!(.2ēũ -$ēũ ćĒĉĐĈĈđĎĈ
ũ3#!-¢+.%.ũ#-ũ -;+(2(2ũ"#ũ (23#, 2ēũ -$ēũ ĉČĎĉĒĎČũĵũćđĊćĈĎďĈĉũ
234"( -3#ũ"#ũ"(2# .ēũ -$ēũćđČďđĉĉćĉ
%1#2 " ũ"#ũ 41(2,.ũ!.-ũ,#-!(¢-ũ#!.ı +¢%(! ēũ -$ēũćđČĐĈĊďďĈũ
ũ %1#2 " ũ"#ũ 1*#3(-%ēũ -$ēũĉđĎĊďĐď ."#+.ũ/1.$#2(.- +ēũ .+.ũ!.-3 !3.2ũ/1.ı $#2(.- +#2ēũ -$ēũćđĐČćĊĊĎĈũ .,4-(! !(¢-ũ .!( +ēũ 1."4!!(¢-ũ 1 "( +Ĕũ ,42(! +Ĕũ +.!4!(¢-Ĕũ 2.-("(23 ēũ -$ēũ ĉČĉĊĎĊĒũĵũćĒĒćĒđĎĊĈē
(!ēũ .,4-(! !(¢-ũ .!( +ēũ -$ēũĉČĈĉćĒĊ
(2# ".1ũ/4 +(!(3 1(.ēũ -$ēũćđČĎđČďĒđũ .,4-(! ".1ũ .!( +ũ !.-ũ ! 1-_ũ "#ũ ēũ ēũ ĉČďĈĊćČũ ĵũ ćđďćČĊđĉĈũ 2!.+3 ũ"#ũ #%41(" "ēũ -$ēũćđĊĎĉĎĐĊĐũ /**.+
K<II<EFJũũ ũ ēũ -ũ 3#11#-.ũ "#ũ ĊćĊũ ,32ũ ĉũ 1 -(9 !(¢-ũ #1#./4#13.ēũ ' !'4 -ũ ćđďĉđđďČćēũ .!'#ũ ČĉĎđĒĎũ ĸũ -#ũ ďŇĒČĒČĎĹ
ēũ"#ũ./.134-(" "ũ/.1ũ+ ũ#-31 " ũ ũ + ũ / 11.04( ũ -3 ũ .2 ũ 4-ũ +.3#ũ "#ũ 3#11#-.ũ"#ũĈĈĊć,ĉēũ -$ĖũćĒĊĎđĒĐĎĐĵćĒ đććĉĈĈĐĸ (!ēĊĈũŇĒĎćČĉĹ
9@<E<J I8@:<J
<DGC<FJ
ũ ēũ 5#-".ũ ! 2 ũ 2#!3.1ũ 1#2("#-!( +ēũ #+$Ėũ ćĊĉČĈĊđďćĵćĒĎČČĈĒĊĐũ ĸ -#ũ Ĉćũ ŇĒĎĉĈĊĹ
1."4!3.1 ũ (-"#/#-"(#-3#ũ #!4 3.1( - ũ 2.+(!(3 ũ )¢5#-#2ũ / 2 -3#2ũ #-ũ 341(2,.Ĕũ , 1*#3(-%Ĕũ 1#/.13#1.2Ĕũ 5#-3 2Ĕũ )¢5#-#2ũ 3 +#-3.2ũ / 1 ũ / -3 ++ ēũ -$ēũ / 31(!(."41 ľ!!.,#1!(. , 3.ē.1%ũĵũćĒđđĐďđđĎ
ũ #-".ũ ! 2 ũ ĉũ /(2.2ũ "#ũ +.9 ũ -4#5 ũ +(23 ũ #-31 1ũ ũ 5(5(1ũ .-)ēũ #"ēũ + !(.2ēũ 5ēũ ĈĊũ 1(+ũ 8ũ 4(3.ũ ŌĊďćććĔććēũ ĉĐĉđĐĎďĵćĒĈČĐĒĐĐĒũ ĸ -#ũďũŇĒĎćđĉĹ
Ĕũ -#!#2(3.ũ (-23 + ı ".1ũ "#ũ 43.ũ + 1, 2ēũ -$.1,#2Ėũ ćĒđĈďđĐĒĒĵćĒĈČćďĐĎďũ ĸ -#ũ Ĉćũ ŇĒĎĉĎĈĹ
ũ ũ 4- ũ ! 2 ũ !.-ũ 3#11#-.ũ 2#!ı 3.1ũ (,¢-ũ .+~5 1ēũ -$Ėũ ĉČĈĒđĐĉēũ ĸ -#ũ ĒũŇĒĎĉĈĐĹ
JJJJJJJFJ 8II@<E;FJ 11(#-".ũ.$(!(- 2ũ2#%4-".ũ/(2.ēũ #5 ı ++.2ũ ũ 4 8 04(+ēũĉđĉĎďďĈũıũćĒĎďĎĉĊĊĊũ ĸ -#ēũĐŇĒĎĈĎČĹ
(/.3#1 /( ĈĔũ -!'.ũ 5#-341 ēũ -$ēũ ćĒĒĎďĈćČČũ #!#2(3.Ėũ 84" -3#ũ "#ũ !.!(- ēũ -$ēũ ĉđĉĎČďĊũĵũćĒĉČďđČďđũ .-"4!!(¢-Ĕũ /#1$#!!(.- ,(#-3.ũ .ũ /1#-"(9 )#ēũ -$ēũćĒĒĎďĈćČČ
-31#- ".1ũ /#12.- +Ĕũ $(3-#22Ĕũ 43.ı
"#$#-2 Ĕũ /1.3#!!(¢-ũ /#12.- +ēũ -$ēũ ćĒĒĎďĈćČČ
ēũ"#ũ31 ).Ĕũ2.+.ũ/ 1 ũ %#-3#ũ#,/1#-"#".1 Ĕũ5#-ũ8ũÌ-#3#ũ ũ4-ũ #04(/.ũ #7(3.2.ēũ -$Ėũ ćĒďĈĉđĊćďũ ĸ (!ēũ ĈđũŇĒČđĈďĹ
/(#9 ũ /4#13 2ũ "#-31.Ĕũ ".!4,#-3.2ũ #-ũ 1#%+ ũ 8ũ 1#$#1#-!( 2ũ /#12.- +#2ēũ -$Ėũ ćĒđČĒĎĊĐČ
42!.ũ #,/+#.Ėũ 47(+( 1ũ .-3 +#ēũ -$ēũ
/ 1 ũ /4 +(!(" "ēũ (3 2ũ +Ėũ ćĒĎđĊĎĉĐĐũ ŇĒĊđĈđ
ũ #23(+(23 ũ !.-ũ #7/#1(#-!( ũ 8ũ
"#2#.2ũ"#ũ24/#1 !(¢-ũ -$Ėũ 4!1#ũ8ũ 4(3.ũ +3.2ũ /3(! ũ 404#ũ #+$Ėũ ĉđĉĐĈďĉũ ıũ ćĒĎĒćĊĈĒĉũũŇĒĊđĈđ
ĉđĉĎČďĊũĵũćĒĉČďđČďđũ
#!#2(3.ũ 5#-"#".1ũ "#ũ !!#2.1(.2ũ "#ũ
#!#2(3.ũ .-3 ".1ũ ĸ Ĺēũ -$ēũ 4(%(ı
Ėũ #,/+# " ũ ".,_23(! ũ #-ũ (!. ēũ #+$Ėũ ĉđĉıĊČČČũ 8ũ ĉČďıćĎĒđũ ĸ -#ĈĈũŇĒĎĉĒČĹ
ũ ēũ (-3#1#ı
2 ".2ũ/1#2#-3 1ũ! 1/#3 ũ#-ũ ũ ũ
ũ ēũĸ (!ēĈĊũŇĒČČđĉĹ
āĆ
ũ ũ )#!43(5.2ũ "#ũ 5#-3 ũ
ũ ũ ũ"#ũ5#-3 2Ĕũ 4#- ũ /1#!#-!( Ĕũ #"4! !(¢-ũ 24/#1(.1Ĕũ .$1#!#,.2ũ 4#- ũ 1#,4-#1 !(¢-ēũ -$Ėũ 4(3.ũćĉıČĎũ#-31#ũ .! $4#13#ũ8ũ .+~5 1
5#'~!4+.2ēũ -$ēũćđČďĈĒĊćČũĵũĉČĉĎćđćũ
Ĉŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏŏ
ćĒĒćĒďĈĉČũũŇĒĊđĈđ
#!#2(3.ũ 2# .1(3 ũ / 1 ũ 31 ) 1ũ #-ũ 1 ! 2Ĕũ #-#94#+ Ĕũ !4(" -".ũ -( .2ēũ -$ēũĉđČĉćĊĐũĵũćĒĎďĎďĈćĉũũ
#!#2(3.Ėũ 84" -3#ũ "#ũ !.!(- ēũ -$ēũ
ũ ũ "#ũ +.2ũ 2#15(!(.2ũ "#ũ +(,ı
5 +"(-(ľ'.3, (+ē!.,ũ
ũ".,(-%.ēũ 5.1ũ++ , 1ĖũćđďĉĒćĒđČıũ ćđĐĊĒĊĉđđũ
.-"4!!(¢- Ĕũ /#1$#!!(.- ,(#-3.ũ .ũ /1#-"(9 )#ēũ -$ēũćĒĒĎďĈćČČ
ũ ũũ4- ũ,;04(- ũ#+ 23(! ".1 ũ
-31#- ".1ũ /#12.- +Ĕũ $(3-#22Ĕũ 43.ı
ũ ,(.-ũ 14 ũ + -!'.-ũ 43.ũ
ũ! !'.11.ũ ı ũĈććũ ēũ 3#+$Ėũ ĉđĎĉćĊĈēũ #+Ėũ ćĒĎđđďĎĎĐēũ ĸ (!ēũ ĈČũŇĒČĐćĉĹũũũũũũ
(-"4231( +ũ ĸ#+;23(!.ũ 5(23.ũ 8ũ 1#!4 (#13.Ĺũ , 1! ũ (14 ēũ -$Ėũ ćĒđĊČććĈĐĵũ ĉı đĎČĊĐĈũ
1% +#ēũ 84-" (ũ "ıĐĉũ #+ũ .ũ ĉććďēũ 4 8 04(+ũćĒĊđĊĈĈČĊũŇĈďČĈĈ
ũ ,(.-ũ 84-" (ũ "ıĐđũ (-ũ 41%.-ũ #+ũ .ũ ĉććďēũ 4 8 04(+ũ ćĒĊđĊĈĈČĊũŇĈďČĈĈ
E<>F:@FJ M8I@FJ Ĕũ 1#/ 1 !(¢-ũ "#ũ ! +#ı
$.-#2Ĕũ "4!' 2Ĕũ ,#9!+ ".1 2Ĕũ ".,(-%.ũ
(/.3#1 /( ĈĔũ -!'.ũ 5#-341 ēũ -$ēũ ćĒĒĎďĈćČČũ
"#$#-2 Ĕũ /1.3#!!(¢-ũ /#12.- +ēũ -$ēũ ćĒĒĎďĈćČČ
ēũ .! +ũ!.,(" ũ++ , 1ũ2.+.ũ(-3#ı 1#2 ".2ũćđĐĈďĐĈĒĐēũĸ -#ũĒũŇĒĎĉćđĹ
ũ ēũ 4- ũ ! ,(.-#3 ũ ĉĉććũ , 9" ũ". +#ũ! (- ũ .ũĉććĎĔũ!.,4-(ı ! 12#ũ #+$ĖũćđĈćĈĎđĊďũĸ -#ĈćũŇĒĎĉĐČĹ
'5 &$5/26 5 52'5Ì*8(= /2=$'$
&,58*,$ %$5,$75,&$ /$3$526&23,&$ 2%(6,'$'
&,58*,$ /$3$526&23,&$ (1)(50('$'(6 '(
3DFLHQWHV HQ WUDWDPLHQWR OR FHUWLILFDQ
'UD 6LOYLD 7 9DOHQFLD ( 'U 6D~O $ 9DOHQFLD (
',5(&&,21 7RPiV 6HYLOOD \ &ROyQ 7HOI ([W
$PEDWR /DWDFXQJD 3X\R 3HOLOHR 7HOI
:H$ H7KB ?D97 7D:?DE C;:?9E 9BÞD?9E D;<HEBE=E 9KHIEI ;D 9>?B; # KHK=K7O # 9K87 # 8H7I?B
ũ
;IF;9?7B?IJ7 ;D ;D<;HC;:7:;I :;B H?yâD" LÞ7I KH?D7H?7I" >?F;HJ;DI?âD 7HJ;H?7B" :?78;J;I " :?ÛB?I?I $
/)*+&
/*-)/
/*.)*
/+(..
9EDIKBJ7 FH;L?7 9?J7 7B 9;B &// .'/..-$ FEHJ70 &/'(++,/-
7C87JE0 9Wij_bbe &-#(/ ;Z_\_Y_e Jehh[iYe [djh[ @kWd 8[d_]de L[bW o '( Z[ Del_[cXh[" Yedikbjeh_e B#+ fbWdjW XW`W$ >EH7H?E0 '(^&& W '+^&&$ H?E87C870 9WhWXeXe '&#(( o / Z[ EYjkXh[$ J[b\i0 (/,+'/' >EH7H?E0 '-^&& W (&^&&
@ > E I C 7 H
;nf[hje [d b_]WZkhWi o 9khWY_ed[i W YehjW o bWh]W Z_ijWdY_W
/*/'-
BW efehjkd_ZWZ gk[ YWcX_Wh| jk l_ZW o j[ ZWh| \[b_Y_ZWZ fWhW i_[cfh[$ ;IJ7I IEBE 7 [ijWi Z[i[f[hWZe W j[ ^Wd WXWdZedWZe" j[ ^Wd i_Ze _dÒ [b e i[ ^Wd XkhbWZe Z[ j_ ¶OW de ik\hWi d_ j[ bWc[dj[i c|i " [b cW[ijhe @>EIC7H [i [b d_Ye o l[hZWZ[he [d h[Wb_pWh [b c|i [\[Yj_le jhWXW`e Z[ Wceh gk[ jWdje [ijWXWi % "# # " $ " [if[hWdZe" fWhW gk[ ik fWh[`W h[]h[i[ _dc[Z_WjWc[dj[ feh cko Z_ijWdj[" &! # " ' $ ! # !" "#! !\h_W e b[`ei gk[ i[ [dYk[djh[" [b e [bbW l[dZh| i_d gk[ KZ$ bW bbWc[ e bW Xkigk[" i_]W e f[hi_]W" ik fWh[`W j[ he]Wh|" j[ ikfb_YWh|" j[ bbehWh|" i[ ^kc_bbWh|" o j[ f[Z_h| gk[ h[]h[i[i W ik bWZe" `WcWi j[ WXWdZedWh| " W jWd iebe '.$&& :EB7H;I$ JhWXW`ei ]WhWdj_pWZei" j[ b_XhWcei Z[ Xhk`[h_Wi" iWbWc_[djei" [d\[hc[ZWZ[i" cWbWi e Z[iYedeY_ZWi o cWbW ik[hj[$
/+'/.
J$ FEHJ70 &/)*()+)& % J$ CEL?IJ7H0 &/+'())-'
/+'.+
/)--.
?cfehjWdj[ [cfh[iW b Z[h [d bW [bWXehWY_ d Z[ ^Wh_dWi o Y[h[Wb[i h[gk_[h[ YedjhWjWh kd
625'(5$
+25$5,2 '( $7(1&,Ð1 0$57(6 SP D SP 0,(5&2/(6 DP D DP
H[gk_i_jei0 ?d][d_[he [d 7b_c[djei" [nf[h_[dY_W de _dZ_if[diWXb[$ ;dl_Wh ^e`W Z[ l_ZW Wb Yehh[e0 cWiYehedW'6^ejcW_b$Yec E ?d\$ 7b \ede0 (.+*).(
'U 'LHJR 7RUUHV 5
@[\[ Z[ FheZkYY_ d$
ef('++,
'LU (GLILFLR 0XWXDOLVWD $PEDWR &DOOH 0HUD \ &HYDOORV HQWUDGD SRU OD FDOOH 0HUD
WR SLVR 2I 7HOpIRQR
&/,1,&$ ´6$1 /8,6µ $7(1&,21 3(50$1(17( 35(&,26 02',&26
*,1(&2/2*,$ 2%67(75,&,$
&,58*,$ /$3$526&23,&$ < *(1(5$/ (QIHUPHGDGHV GH OD +HUQLDV 9HVtFXOD $SpQGLFH PXMHU SODQLILFDFLyQ 3UyVWDWD +HPRUURLGHV IDPLOLDU FRQWURO GHO 7HVWtFXORV QR GHVFHQGLGRV HPEDUD]R SDUWRV &,58*,$ (67(7,&$ < FHViUHDV OLJDGXUDV 5(&216758&7,9$ KLVWHUHFWRPtD GHVFHQVR 1DUL] VHQRV DEGRPHQ OLSRVXFFLyQ FLFDWULFHV GH YHMLJD OXQDUHV \ YHUUXJDV 'U /XLV ) &D]DU 0 SODVWLD YDJLQDO /+((&
&DOOH -XDQ % 9HOD HQWUH *XD\DTXLO \ 4XLWR 7HOI FHO
."3*"$)*
+25$ 352*5$0$ + + + + + + + + + + + + + + +
,QIRPHUFLDO 79DQXQFLRV 1RWLFLHUR 5HJLRQDO ,QIRPHUFLDO 7HOHGHSRUWHV ,QIRPHUFLDO ,QTXLHWXGHV ,QIRPHUFLDO &LQH 0DWLQDO &OXE $QLPDGRV 79DQXQFLRV 1RWLFLHUR 5HJLRQDO 7HOHGHSRUWHV 7RXFK 3URKLELGR 3URKLELU
+25$ 352*5$0$ + + + + + + + + + + + + + K
7H9H7UDYLHVRV &OXE $QLPD $PEDILFFLyQ 6WDUJDWH 6*
79DQXQFLRV ,QIRPHUFLDO 1RWLFLHUR 5HJLRQDO 7HOHGHSRUWHV 3XQWR GH $QiOLVLV ,QIRPHUFLDO (FXDWRULDQtVLPR ,QIRPHUFLDO 1RWLFLHUR 5HJLRQDO UHSULVVH
79DQXQFLRV &LHUUH
āć
ŏ Ĉŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
." ũ+ ũ(-$.1, !(¢-ũ)4"(!( +ũ#-Ė 666ē"#1#!'.#!4 ".1ē!.,
+ ũ ".!4,#-3 !(¢-ũ / 1#) " ũ ũ + ũ "#, -" ēũ ~3#2#ũ8ũ-.3($~04#2#ēũ (1, ũ(+#%( +# 1ēũ (+3.-ũ ( -+., .ēũ
ēũũ #13($(!.ũ (1, ũ(+#%( +# 1ēũ 1!.ũ + 9 1ũ ē
.ũ 04#ũ 2#ũ /.-#ũ #-ũ !.-.!(,(#-ı 3.ũ "#+ũ "#, -" ".ũ / 1 ũ +.2ũ $(-#2ũ +#% +#2ũ!.-2(%4(#-3#2ēũ (1, ũ(+#%( +# 1ēũ 1!.ũ + 9 1 2#!1#3 1(. ' 8ũ4-ũ2#++. ĈđĒĒĈũĵũĒĎćĎĐ 44
ũ ũ
ũ ^ ũ ũ ũ ũ ũ ũ ¡ ũ
ũ Ėũ ũ ũ ũ ũ ũ Ėũ ũ ũ ũ ũ Ėũ ũ ũ ũ ũ ũ
Ėũ ũ .ũ ĈĐćĎı ĉćĈćı Ėũ ũ ũ Ėũ ũ Ėũ
ũ ^ ũ ũ ũ ũ ũ ēũ 4(3.Ĕũ ,(_1!.ı +#2ũĉĉũ"#ũ"(!(#, 1#ũ"#+ũĉćĈćĔũ+ 2ũ Ĉć'ĊĒēıũ ēıũ 5.!.ũ !.-.ı !(,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 Ĕũ #-ũ ,(ũ ! +(" "ũ "#ũ 4#9ũ (34+ 1ũ "#ũ #23 ũ 4"(! 341 ēũ ũ "#, -" ũ 04#ũ -3#!#"#ũ #2ũ !+ 1 Ĕũ !.,/+#ı 3 ũ 8ũ 1#Ì-#ũ +.2ũ "#,;2ũ 1#04(2(3.2ũ "#ũ +#8ēũ 2ũ /1.!#"#-3#ũ #+ũ 31;,(3#ũ #1 +ũ 4, 1(.ēũ -ũ ,_1(3.ũ "#+ũ )41 ,#-3.ũ04#ũ1# +(9 ũ#+ũ !3.1ũ#-ũ #+ũ 04#ũ "#!+ 1 ũ + ũ (,/.2( (+(" "ũ "#ũ "#3#1,(- 1ũ + ũ (-"(5("4 +(" "ũ .ũ1#2("#-!( ũ"#ũ+ ũ"#, -" " Ĕũ8ũ "#ũ !.-$.1,(" "ũ !.-ũ +.ũ 04#ũ "(2ı /.-#ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ũ ."($(! ".Ĕũ !~3#2#ũ ũ + ũ "#, -" " ũ 2# .1 ũ ũ ũ ũ ũ Ĕũ/.1ũ+ ũ/1#-2 ũ#-ũ4-.ũ "#ũ +.2ũ "( 1(.2ũ "#ũ , 8.1ũ !(1!4+ ı !(¢-ũ04#ũ2#ũ#"(3 -ũ#-ũ#23 ũ!(4" "ũ "#ũ 4(3.Ĕũ 2~ũ!.,.ũ#-ũ+ ũ/1.5(-!( ũ "#ũ 4-%41 '4 Ĕũ 8 ũ 04#ũ #+ũ , 31(ı ,.-(.ũ2#ũ' ũ!#+# 1 ".ũ#-ũ .!' Ĕũ ,#"( -".ũ .!'.ũ "~ 2ũ #-31#ũ ! " ũ /4 +(! !(¢-ēũ _-% 2#ũ #-ũ !4#-3 ũ + ũ(-2(-4 !(¢-ũ04#ũ2#ũ' !#ũ/ 1 ũ+ ũ "#2(%- !(¢-ũ"#ũ!41 ".1ũ "ũ+(3#,ēũ %1_%4#2#ũ +ũ /1.!#2.ũ +.2ũ ".!4ı ,#-3.2ũ !.,/ ".2ēũ _-% 2#ũ #-ũ !4#-3 ũ #+ũ ! 2(++#1.ũ )4"(!( +ũ 2# + ".ēıũ ēıũ Ĺũ 1ēũ Ì+ũ 1( .ũ #1-;-"#9Ĕũ 4#9ũ #,/.1 +ēũ
.ũ04#ũ!.,4-(!.ũ ũ423#"ũ/ 1 ũ+.2ũ $(-#2ũ "#ũ +#8Ĕũ /1#5(-(_-".+#ũ "#ũ + ũ . +(% !(¢-ũ 04#ũ 3(#-#ũ "#ũ 2# + 1ũ ! 2(++ ũ )4"(!( +Ĕũ "#-31.ũ "#+ũ /#1~ı ,#31.ũ 8ũ #-ũ + ũ $.1, ũ #23 +#!(" ũ /.1ũ+ ũ+#8ēũ ũ ēũ ũ ũ ĸ Ĺ 8ũ$(1, ũ8ũ2#++.ũ ĵĐĐĉďĎĵ3$ 44
(3 !(¢-ũ 4"(!( +ē 731 !3.ē
49% ".ũ 4 13.ũ"#ũ+.ũ (5(+ũ"#ũ 4-%41 '4 Ĕũ } ũ ũ ũ Ĕũ /.1ũ "#2!.-.!#1ũ 24ũ !34 +ũ ".,(!(+(.Ĕũ 1#2("#-!( ũ .ũ (-"(5("4 +(" "Ĕũ 2#ũ +#ũ ' !#ũ 2 #1ũ +.ũ04#ũ2(%4#Ė ũ ũ Ėũ ũ ē Ėũ ē Ë ĖũćČćĈıĉćĈćē Ėũ ũ ũ ũ ē Ėũ
} ũ ũ ũ ē } Ėũ ē
Ėũ ēũ ũ ē
ũ ũ ũ ũ ũ ũ ēũ (#1-#2ũ Ĉćũ 2#/ı 3(#, 1#ũĉćĈćĔũ+ 2ũĈĎ Ďďēũ Ėũ 5.!.ũ!.-.!(,(#-3.ũ"#ũ+ ũ! 42 Ĕũ /.1ũ #+ũ 2.13#.ũ 1# +(9 ".ũ 8ũ !.,.ũ
4#9ũ 3(34+ 1ũ "#ũ #23 ũ 4"(! 341 ēũ -ũ +.ũ /1(-!(/ +Ĕũ + ũ "#, -" ũ 04#ũ /1#!#"#Ĕũ/.1ũ1#4-(1ũ+.2ũ1#04(2(3.2ũ "#ũ +#8Ĕũ 2#ũ + ũ !#/3 ũ +ũ 31;,(3#ũ "#+ũ 4(!(.ũ #1 +ũ 4, 1(.Ĕũ "(2ı /.-(#-".ũ 2#ũ !.11 ũ 31 2+ ".ũ !.-ũ + ũ,(2, ũ ũ+ ũ"#, -" " ũ } ũ ũ ũ Ĕũ ũ $(-ũ "#ũ 04#ũ !.,/ 1#9! ũ ũ 4-ũ )4(!(.ēũ .1ũ!4 -3.ũ#+ũ !3.1ũ"#!+ 1 ũ !.-ũ )41 ,#-3.ũ 04#ũ 2#ũ +#ũ ' ũ 2(".ũ (,/.2( +#ũ "#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(+(.Ĕũ1#2("#-!( ũ.ũ(-"(5("4 ı +(" "ũ "#ũ + ũ "#, -" " ũ } ũ ũ ũ Ĕũ !.-$.1,#ũ +.ũ "(2/.-#ũ #+ũ 13ēũ đĉũ "#ũ + ũ !."($(! !(¢-ũ "#+ũ !¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ũ #-ũ 5(%#-!( Ĕũ !~3#2#+#ũ ũ !.-ũ + ũ "#, -" ũ #-ũ $.1, ũ #731 !3 " ũ 8ũ + ũ /1#2#-3#ũ 1.5("#-!( Ĕũ,#"( -3#ũ31#2ũ/4 +(ı ! !(.-#2ũ #-ũ 4-.ũ "#ũ +.2ũ ( 1(.2ũ 04#ũ 2#ũ (-"(! -ũ #-ũ #23 ũ (4" "ũ "#ũ , 3.Ĕũ ,#"( -".ũ /.1ũ +.ũ ,#-.2ũ #+ũ 3_1,(-.ũ "#ũ .!'.ũ "~ 2Ĕũ #-31#ũ 4- ũ 8ũ .31 ũ /4 +(! !(¢-Ĕũ ũ $(-ũ "#ũ 04#ũ "#-31.ũ "#ũ +.2ũ 5#(-3#ũ "~ 2ũ ũ !.-3 12#ũ "#2"#ũ + ũ Ì+3(, ũ /4 +(! !(¢-ũ !.,/ 1#9! ũ ũ 4(!(.ũ 8ũ 2# +#ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ 242ũ-.3($(! !(.-#2ēũ %1_%4#-2#ũ ũ +.2ũ 43.2ũ+ ũ".!4,#-3 !(¢-ũ / ı 1#) " ũ ũ + ũ "#, -" ũ 8ũ 3¢,#2#ũ -.3 ũ "#+ũ ! 2(++#1.ũ )4"(!( +ũ 2# ı + ".ũ / 1 ũ 1#!( (1ũ -.3($(! !(.-#2ēũ ~3#2#ũ8ũ .3($~04#2#ē (1, ũ(+#%( +# 1ēũ (+3.-ũ ( -+., .ē
4#9 #13($(!.ē (1, ũ(+#%( +# 1ēũ 1!.ũ + 9 1ē #!1#3 1(.
.ũ04#ũ2#ũ/.-#ũ#-ũ!.-.!(,(#-3.ũ "#ũ + ũ "#, -" " Ĕũ / 1 ũ +.2ũ $(-#2ũ +#% +#2ũ!.-2(%4(#-3#2ē (1, ũ(+#%( +# 1ēũ 1!.2ũ + 9 1ũ #+ 2!.ē #!1#3 1(. 8ũ4-ũ2#++. ĈđĒĊďũĵũĒČĐČĊ 44
¡ ũ ē
ē
ũ ũ ũ ũ ũ ũ ē +ũ 2# .1ũ ũ ũ
ũ Ĕũ /.1ũ "#2!.-.!#1ũ "#ũ 24ũ !34 +ũ ".,(!(+(.Ĕũ 1#2("#-!( ũ .ũ (-"(5("4 +(" "Ĕũ 2#ũ +#ũ ' !#ũ 2 #1ũ +.ũ04#ũ2(%4#Ė ũ ũ Ėũ ũ Ėũ Ë ĖũćđćĈıĉćĈć Ėũ ũ ũ ũ Ėũ ũ ũ ũ } Ėũ
Ėũ ēũ ũ ũ ũ ũ ũ
ũ ũ ũ ēũ , 3.Ĕũ , 13#2ũ ĉĊũ -.5(#, 1#ũ ĉćĈćĔũ + 2ũ Ĉď'Ďĉēũ Ėũ 5.!.ũ !.-.!(,(#-3.ũ "#ũ + ũ ! 42 Ĕũ /.1ũ #+ũ 2.13#.ũ 1# +(9 ".ũ 8ũ !.,.ũ 4#9ũ 3(34+ 1ũ "#ũ #23 ũ 4"(! 341 ēũ -ũ +.ũ /1(-!(/ +Ĕũ + ũ "#, -" ũ 04#ũ /1#ı !#"#Ĕũ /.1ũ 1#4-(1ũ +.2ũ 1#04(2(3.2ũ "#ũ +#8Ĕũ 2#ũ + ũ !#/3 ũ +ũ 31;,(3#ũ "#ũ 4(!(.ũ #1 +ũ 4, 1(.Ĕũ "(2/.ı -(#-".ũ 2#ũ !.11 ũ 31 2+ ".ũ !.-ũ + ũ ,(2, ũ +ũ"#, -" ".ũ ũ ũ ũ Ĕũ ũ $(-ũ "#ũ 04#ũ!.,/ 1#9! ũ ũ)4(!(.ēũ -ũ!.-ı 2#!4#-!( Ĕũ' !(_-".2#ũ/1.!1# ".ũ "#-31.ũ"#+ũ, 31(,.-(.ũ ũ+ ũ,#-.1ũ "4+3 ũ ũ ũ
ũ Ĕũ /1.5_ 2#+#ũ "#ũ 4-ũ 41 ".1ũ "ı+(3#,ũ / 1 ũ 04#ũ #+ũ "#ũ 1#/1#2#-3#ũ #-ũ #23#ũ )4(!(.Ĕũ "# (#-".ũ / 1 ũ #+ũ #$#!3.ũ .~12#ũ + 2ũ 24%#1#-!( 2ũ "#ũ + ũ ,#-3 " ũ ,#-.1ũ "4+3 ēũ .1ũ!4 -3.ũ+ ũ !3.ı 1 ũ "#!+ 1 ũ !.-ũ )41 ,#-3.ũ 04#ũ +#ũ ' ũ 2(".ũ (,/.2( +#ũ "#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(+(.Ĕũ 1#2("#-!( ũ .ũ (-"(5("4 +(" "ũ "#+ũ "#, -" ".ũ ũ ũ ũ
Ĕũ !.-$.1,#ũ +.ũ "(2/.-#ũ #+ũ 13ēũ đĉũ "#ũ + ũ ."($(! !(¢-ũ "#ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ũ #-ũ 5(%#-!( Ĕũ !~3#2#+#ũ !.-ũ + ũ "#, -" ũ #-ũ $.1, ũ #731 !3 " ũ 8ũ + ũ/1#2#-3#ũ 1.5("#-!( Ĕũ,#"( -ı 3#ũ 31#2ũ /4 +(! !(.-#2ũ #-ũ 4-.ũ "#ũ +.2ũ ( 1(.2ũ 04#ũ 2#ũ #"(3 -ũ #-ũ #23 ũ (4" "Ĕũ ,#"( -".ũ /.1ũ +.ũ ,#-.2ũ #+ũ 3_1,(-.ũ "#ũ .!'.ũ "~ 2Ĕũ #-31#ũ 4- ũ 8ũ .31 ũ /4 +(! !(¢-Ĕũ ũ $(-ũ "#ũ 04#ũ "#-31.ũ "#ũ +.2ũ 5#(-3#ũ "~ 2ũ ũ !.-3 12#ũ "#2"#ũ + ũ Ì+3(, ũ /4 +(! !(¢-ũ !.,/ 1#9! ũ ũ 4(!(.ũ 8ũ 2# +#ũ ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ 242ũ-.3($(! !(.-#2Ĕũ %1_%4#-2#ũ ũ +.2ũ 43.2ũ+ ũ".!4,#-3 !(¢-ũ / ı 1#) " ũ ũ + ũ "#, -" ēũ ~3#2#ũ 8ũ .3($~04#2#ē (1, ũ(+#%( +# 1ēũ (+3.-ũ ( -+., .ē
4#9 #13($(!.Ė (1, ũ(+#%( +# 1ēũ 1!.ũ + 9 1ē #!1#3 1(.ē
.ũ04#ũ2#ũ/.-#ũ#-ũ!.-.!(,(#-3.ũ "#ũ + ũ "#, -" " Ĕũ / 1 ũ +.2ũ $(-#2ũ +#% +#2ũ!.-2(%4(#-3#2ē (1, ũ(+#%( +# 1ēũ 1!.ũ + 9 1ũ #+ 2!.ē #!1#3 1(.ē 8ũ4-ũ2#++. ĈđĒĊĒũĵũĒČĐĎĐ 44
ũ
ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ } ũ ũ ũ Ĕũ/.1ũ"#2!.-.ı !#1ũ 24ũ !34 +ũ ".,(!(+(.Ĕũ 1#2("#-ı !( Ĕũ .ũ (-"(5("4 +(" "ũ 2#ũ +#ũ ' !#ũ 2 #1ũ+.ũ04#ũ2(%4#Ėũ
ũ Ë ũćđđđıĉćĈćũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ
^ ũ } ũ ũ ũ } ũ(-"#3#1,(- " ũ
ũ ēũ ũ
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ5(#1ı -#2ũĈćũ"(!(#, 1#ũĉćĈćĔũ+ 2ũĈď ĊČēũ Ėũ 5.!.ũ !.-.!(,(#-3.ũ "#ũ + ũ ! 42 Ĕũ /.1ũ #+ũ 2.13#.ũ 1# +(9 ".ũ 8ũ!.,.ũ3(34+ 1ũ"#ũ#23 ũ)4"(! 341 ēũ -ũ +.ũ /1(-!(/ +Ĕũ + ũ "#, -" ũ 04#ũ /1#!#"#Ĕũ/.1ũ1#4-(1ũ+.2ũ1#04(2(3.2ũ "#ũ+#8Ĕũ2#1;ũ !#/3 1ũ#+ũ31;,(3#ũ"#ũ )4(!(.ũ5#1 +ũ24, 1(.Ĕũ/.1ũ+.ũ3 -3.ũ 8ũ/.1ũ!4 -3.ũ+ ũ !3.1 ũ"#!+ 1 ũ!.-ũ )41 ,#-3.ũ04#ũ+#ũ' ũ2(".ũ(,/.2(ı +#ũ "#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(ı +(.Ĕũ + ũ (-!("#-!( ũ .ũ (-"(5("4 +(" "ũ "#+ũ "#, -" ".ũ } ũ ũ ũ Ĕũ "#ũ !.-$.1,(ı " "ũ!.-ũ+.ũ04#ũ"(2/.-#ũ#+ũ 13~!4+.ũ đĉũ"#+ũ ¢"(%.ũ #ũ 1.!#"(,(#-3.2ũ (5(+#2Ĕũ !~3#2#+#ũ !.-ũ + ũ "#, -" ũ #-ũ$.1, ũ#731 !3 " ũ8ũ+ ũ/1#2#-3#ũ /1.5("#-!( Ĕũ ,#"( -3#ũ 31#2ũ /4 +(ı ! !(.-#2ũ "#ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ 04#ũ 2#ũ #"(3 -ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.Ĕũ ,#"( -".ũ /.1ũ +.ũ ,#-.2ũ "#+ũ 3_1,(-.ũ "#ũ .!'.ũ "~ 2ũ "#ũ 4- ũ ũ .31 ũ /4 +(! !(¢-Ĕũ ũ $(-ũ "#ũ 04#ũ "#-31.ũ "#ũ +.2ũ ĉćũ "~ 2ũ !.-3 ".2ũ ũ / 13(1ũ "#ũ + ũ Ì+3(, ũ /4 +(! !(¢-Ĕũ !.,/ 1#9! ũ ũ ũ )4(!(.ũ 8ũ 2# +#ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ 242ũ -.3($(ı ! !(.-#2ēũ .1ũ !4 -3.ũ "#-31.ũ "#+ũ , 31(,.-(.Ĕũ 2#ũ ' -ũ /1.!1# ".ũ ũ + 2ũ ,#-.1#2ũ ũ ũ ũ ũ ũ ũ ũ/1.5_ 2#+#2ũ"#ũ4-ũ!41 ı ".1ũ "ũ +(3#,ũ / 1 ũ +.ũ 04#ũ 2#ũ .(1;ũ + 2ũ 24%#1#-!( 2ũ "#ũ "(!' 2ũ ,#-.ı 1#2ũ "4+3 2ēũ _-% 2#ũ #-ũ !4#-3 ũ #+ũ ! 2(++#1.ũ )4"(!( +ũ 04#ũ 2# + ũ + ũ !3.1 ũ / 1 ũ #$#!3.ũ "#ũ 242ũ -.3($(ı ! !(.-#2ēũ %1_%4#-2#ũ ũ+.2ũ 43.2ũ
ēũ ũ ē ēıũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ēı #-31.ũ ũ "#ũ )4(!(.ũ 5#1 +ũ 24, ı 1(.ũ "(5.1!(.ũ 2#%4(".ũ /.1ũ ũ ũ ũ ũ #-ũ !.-31 ũ "#ũ ũ ũ ũ Ĕũ 2#ũ ' ũ "(2ı /4#23.ũ !(3 1ũ /.1ũ + ũ /1#-2 ũ "#ũ , 3.Ĕũ 8ũ 3 !4-% ũ /.1ũ "#2!.ı -.!#1ũ + ũ 1#2("#-!( ũ .ũ ".,(!(+(.ũ "#+ũ "#, -" ".ũ "#ũ !.-$.1,(" "ũ !.-ũ+.ũ04#ũ"(2/.-#ũ#+ũ 13ēũĈĈĒũ"#+ũ ¢"(%.ũ (5(+ũ2#ũ+#ũ' !#ũ2 #1ē
ũ ũ ũ ũ
ũ ũ ũĉćĈćıćđĐđ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ēũ ũ
ũ } ũ
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ +4-#2ũ ĉĐũ "#ũ "(!(#, 1#ũ "#+ũ ĉćĈćĔũ + 2ũ Ĉć'ćĈēũ ēũ ũ "#, -" ũ /1#2#-3 " ũ/.1ũ ũ ũ ũ ũ ũ #2ũ !+ 1 ũ 8ũ +#% +ũ /.1ũ +.ũ 04#ũ 2#ũ !#/3 ũ +ũ 31;,(ı 3#ũ 5#1 +ũ 24, 1(.ēũ .1ũ ' #12#ũ "#!+ 1 ".ũ ).ũ )41 ,#-3.ũ + ũ (,/.2( (+(" "ũ "#ũ "#3#1,(- 1ũ + ũ 1#2("#-!( ũ !34 +ũ "#+ũ "#, -" ı ".ēũ ~3#2#ũ/.1ũ+ ũ/1#-2 ũ ũ ũ ũ ũ Ĕũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2Ĕũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ 3 -3.ũ "#ũ #23 ũ !(4" "ũ "#ũ , 3.ũ !4 -3.ũ "#ũ
3 !4-% ũ"#ũ!.-$.1,(" "ũ!.-ũ+.ũ "(2/4#23.ũ#-ũ#+ũ 13ēũĈĈĒũ"#+ũ ¢"(%.ũ (5(+ēũ %1_%4#2#ũ ũ +.2ũ 43.2ũ +.2ũ ".!4,#-3.2ũ ")4-3.2ēũ ¢,#2#ũ#-ũ !4#-3 ũ+ ũ! 2(++ ũ)4"(!( +ũ2# + " ũ / 1 ũ /.23#1(.1#2ũ -.3($(! !(.-#2ũ 8ũ + ũ 43.1(9 !(¢-ũ 04#ũ !.-$(#1#ũ ũ 24ũ "#$#-2.1 ēũ ~3#2#ũ 8ũ -.3($~04#2#ēũ $Ĺũ 1ēũ 4(2ũ (++ !~2ũ -2#!.ũ 4#9ũ #73.ũ "#ũ +.ũ (5(+ũ "#ũ 4-%41 '4 Ĕũ #13($(! ũ#+ũ #!1#3 1(.ũ$Ĺũ 1ēũ .1%#ũ 11(++.ũ ēı
.ũ04#ũ!(3.ũ ũ423#"ũ/ 1 ũ+.2ũ$(-#2ũ +#% +#2ũ /1#5(-(_-".+#ũ "#ũ + ũ . +(ı % !(¢-ũ 04#ũ 3(#-#ũ 04#ũ 2# + 1ũ ! 2(++#1.ũ )4"(!( +ũ / 1 ũ 242ũ $4341 2ũ -.3($(! !(.-#2ē , 3.Ĕũ -#1.ũĊũ"#+ũĉćĈĈēı (1, ũ(+#%( +# ēũ ũ
ũ ē 8ũ4-ũ2#++. ĈĒćČĈũĵũĒĎĉĒĊ 44
ũ
ũ ũ ũ ũ
Ėũ ũ ũ ũ ũ
Ĕũ ũ
ũ
ũ ũ ũ ũ ũ ũ
ũ ũ ũ ĸ ũ ũ Ĺũ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ē ũ ũ Ėũ ũ
Ėũ ēũ ũ ũ ē Ėũ ĸ ũ ũ Ĺ Ėũ ũ ũ ũ Ėũ ũ ũ ũ
Ėũ ēũ ũ ũ ĸ Ĺ ũ ũ Ėũ ĉďũ ũ ũ ũĉććď ũ ēũćđĉĐıĉćĈć Ėũ ũ ũ ũ ũ ũ ũ ũ
!" ēũ 1( #+ũ ;-#9ũ ēũ -ũ ,(ũ ! +(" "ũ "#ũ #1(3.ũ -., 1 " ũ /.1ũ 24ũ 43.1(" "Ĕũ "#-31.ũ "#+ũ )4(!(.ũ #1 +ũ 4, 1(.ũ .ēũ ćĐĊČıĉććďĔũ 04#ũ /.1ũ "(5.1!(.ũ 2(%4#ũ ũ ũ ũ Ĕũ#-ũ!.-ı 31 ũ"#ũ ũ ũ ũ
Ĕũ ũ 23#"ũ !.,#"(" ı ,#-3#ũ ,#ũ "(1().ũ !.-ũ )41 ,#-3.ũ 8ũ #7/.-%.ũ #+ũ /1#2#-3#ũ (-$.1,#ũ "#ũ +(04(" !(¢-ũ IJũ /#-2(.-#2ũ +(ı ,#-3(!( 2Ė #%Ì-ũ 2#-3#-!( ũ #,(3(" ũ /.1ũ 4ũ 2# .1~ Ĕũ #+ũ ĉđũ "#ũ 8.ũ "#+ũ ĉććđēıũ 2ũ Ĉď'ĈĈēıũ 8ũ 04#ũ . 1 ũ ũ $.) 2ũ ČĈũ "#ũ +.2ũ 43.2Ĕũ 2#ũ .1"#ı - ũ +.ũ 04#ũ ũ !.-3(-4 !(¢-ũ 8ũ #-ũ 24ũ / 13#ũ /#13(-#-3#ũ ,#ũ /#1,(ı 3.ũ 31 -2!1( (1+ Ėũ ġēēē -ũ !4 -3.ũ ũ +.2ũ ,#-.1#2ũ ' (".2ũ "#-31.ũ "#+ũ , 31(,.-(.2Ĕũ #23.2ũ !.-3(-4 1;-ũ ).ũ#+ũ!4(" ".ũ8ũ/1.3#!!(¢-ũũ"#ũ 24ũ 2# .1 ũ , "1#Ĕũ "# (#-".ũ #+ũ / "1#ũ 24,(-(231 1ũ 4- ũ /#-2(¢-ũ +(,#-3(!( ũ "#ũ !(-!4#-3 ũ "¢+ ı 1#2ũ,#-24 +#2ũĔũ/.1ũ! " ũ4-.ũ"#ũ +.2ũ ,#-.1#2Ĕũ ,#"( -3#ũ ,#2 " 2ũ -3(!(/ " 2ũ8ũ"#-31.ũ"#ũ+.2ũ!(-!.ũ /1(,#1.ũ "~ 2ũ "#ũ ! " ũ ,#2Ĕũ #-ũ #23 ũ 4"(! 341 Ĕũ ;2ũ +.2ũ #-#$(ı !(.2ũ"#ũ #8ēēēĢ .1ũ +.ũ #7/4#23.Ĕũ + ũ +(04(" !(¢-ũ 1#04#1(" ũ #2ũ !.,.ũ 2(%4#ũ ũ !.-ı 3(-4 !(¢-Ė #-2(¢-Ĕũ 2"ēũ ĈććēććĔũ 2"ēũ Ĉććēććė .ĔũĉććđĔũĉććĒė #2#2Ĕũ +.1Ĕũ +.1ė ĔũıĔũĈććēććė ĔũıũĔĈććēććė ĔũıĔũĈććēććė ĔũıĔũĈććēććė ĔũıĔũĈććēććė
ĔũĈććēććĔũĈććēććė
ĔũĈććēććĔũĈććēććė ĔũĈććēććĔũĈććēććė ĔũĈććēććĔũĈććēććė
ũ ĔũĈććēććĔũĈććēććė ĔũĈććēććĔũĈććēććė ĔũĈććēććĔũĈććēććė ĔũĈććēććė ũ ĔũĈććēććė ĔũĒććēććĔũĈēĉććēććė ũ ũ ũ ũ ũ ĔũŌĉēĈććēććė .1ũ +.ũ #7/4#23.ũ 24ũ # .1~ Ĕũ #+ũ /1#2#-3#ũ (-$.1,#ũ "#ũ +(04(" ı !(¢-ũ "#ũ /#-2(.-#2ũ +(,#-3(!( 2ũ 2!(#-"#ũ ũ + ũ 24, ũ "#ũ ũ ũ ũ ććĵĈććũ ũ Ĕũ "#4" ".2ũ/.1ũ#+ũ !!(.- ".ũ"#ũ+ ũ/1#2#-3 ũ! 42 ē 3#-3 ,#-3# ē ēÌē ē (1, ũ(+#%( +#
!" ēũ 1( #+ũ ;-#9ũ ē ĈđćĉđĊĒĊďıĊ
ũ ĈđĊćĎĉććďćĐĊČ 1#2#-3 ".ũ #+ũ "~ ũ "#ũ '.8ũ )4#5#2ũ 5#(-3#ũ 8ũ 2#(2ũ "#ũ -.5(#, 1#ũ "#+ũ ".2ũ,(+ũ-4#5#Ĕũ ũ+ 2ũ.-!#2ũ'.1 2ũ 8ũ !(-!4#-3 ũ 8ũ 31#2ũ ,(-43.2Ĕũ 2(-ũ -#7.2ēũ #13($(!.ē ēũ ũ ũ (1, ũ(+#%( +#
ũ ũ ũ ũ ũ ũ Ĕũ , 3.Ĕũ +4-#2ũ đũ "#ũ -.5(#, 1#ũ "#+ũ ĉćĈćĔũ + 2ũćĒ'ĈĊēũ +ũ#2!1(3.ũ04#ũ -3#!#"#ũ %1_%4#2#ũ +ũ/1.!#2.ēũ 3(2$#!'.ũ 04#ũ ' ũ 2(".ũ #+ũ 1#04#1(,(#-3.ũ '#!'.ũ/.1ũ#+ũ 49% ".ēũ ~3#2#ũ!.-ũ + 2ũ +(04(" !(.-#2ũ "#ũ /#-2(.-#2ũ +(,#-3(!( 2ũ +ũ 2# .1ũ ũ ũ ũ
Ĕũ /.1ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ 04#ũ 2#ũ #"(3 -ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.Ĕũ "#ũ !.-$.1,(" "ũ !.-ũ #+ũ 13ēũ ĈĈĒũ "#+ũ ¢"(%.ũ (5(+Ĕũ !.-ı $(_1 2#ũ #+ũ #731 !3.ũ 1#2/#!3(5.ēũ .3($~04#2#ē (1, ũ(+#%( +#ũ ēũ ũ
#13($(!.Ė %ēũ + #13.ũ 4# 2 ũ
ũ ũ ũ ũ ũ ũ ũ
ũ ũ
ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ
ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ Ĕũ ćć ũ ũ ũ ũ ũ ēũ ũ ũ ũ ũ ũ Ë ũ ũ ũ ũ ēũ ĊćĐı ı ũ ũ ĈČũ ũ
ũ ũĉćĈćē Ĕũ ĈĈũ ũ ũ ũĉćĈćē ēũ ũ ũĸ Ĺ (1, ũ(+#%( +# 8ũ4-ũ2#++. ĈĒćČČũĵũĒĎĊĈĉ ŞŞ
ũ"#+ũ ē
ũ ũ ũ ũ ũ ũ ũ ũ ũ Ėũ ũ Ėũ ũ ũ ũ ũ Ėũ ũ
ũ ũ ē Ėũ ũ ũ
ũ Ėũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ¡ ũ ē ĖũĉēČćć ũ .ĖũĉććđıćĉĎđ ġ ũ ũ ũ ũ ũ ũ ũ ũ ũ Ģēũ , 3.ĔũĈĎũ "#ũ 4+(.ũ "#+ũ ĉććđēũ 2ũ ćđ'ČĒēıũ Ėũ .1ũ!4,/+(".ũ#+ũ1#04(2(ı 3.ũ#23(/4+ ".ũ#-ũ#+ũ 13ēũđĉũ(-!(2.ũ Ċ.ũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ #-ũ 5(134"ũ "#ũ +.ũ !4 +ũ + ũ 2# .1 ũ ũ ũ ũ ũ Ĕũ ).ũ )41 ,#-3.ũ #7/1#2 ũ "#2!.-.!#1ũ #+ũ ".,(!(+(.ũ .ũ #2("#-!( ũ !34 +ũ "#+ũ 2# .1ũ ũ
ũ ũ ũ / "1#ũ "#ũ + ũ ,#-.1ũ ũ ũ ũ
ėũ/.1ũ+.ũ04#ũ2#ũ! +($(! ũ ũ + ũ"#, -" ũ"#ũ2#1ũ!+ 1 Ĕũ/1#!(2 ũ 8ũ "#ũ 1#4-(1ũ +.2ũ 1#04(2(3.2ũ +#% ı +#2ũ !.11#2/.-"(#-3#2Ĕũ /.1ũ +.ũ 04#ũ 2#ũ +#ũ !#/3 ũ +ũ 31;,(3#ũ 2/#!( +ũ "#+ũ 1.!#"(,(#-3.ũ .-3#-!(.2.ũ #-#1 +ũ #23(/4+ ".ũ #-ũ #+ũ 13ēũ ĉĐĈũ 8ũ 2(%4(#-3#2ũ "#+ũ ¢"(%.ũ "#ũ + ũ ( #9ũ 8ũ ".+#2!#-!( ėũ #-ũ +.ũ /1(-!(/ +Ĕũ !~3#2#ũ +ũ "#, -" ".ũ +ũ 2# .1ũ ũ
ũ ũ Ĕũ /.1ũ ,#"(.ũ "#ũ 31#2ũ /4 +(! !(.-#2ũ /.1ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ "#ũ , 8.1ũ !(1ı !4+ !(¢-ũ !(.- +ũ.ũ .! +Ĕũ/4 +(ı ! !(¢-ũ04#ũ!.-3#-"1;ũ#+ũ#731 !3.ũ "#ũ + ũ "#, -" ũ 8ũ #23 ũ /1.5("#-ı !( Ĕũ / 1 ũ 04#ũ "#-31.ũ "#+ũ /+ 9.ũ "#ũ5#(-3#ũ"~ 2ũ!.-3 ".2ũ"#2/4_2ũ "#ũ + ũ Ì+3(, ũ /4 +(! !(¢-ũ 2# +#ũ 24ũ ".,(!(+(.ũ 4"(!( +ũ "#-31.ũ "#ũ + ũ (4" "ũ "#ũ , 3.Ĕũ / 1 ũ 04#ũ 1#!( ũ242ũ$4341 2ũ-.3($(! !(.-#2Ĕũ ! 2.ũ!.-31 1(.ũ2#ũ/1.2#%4(1;ũ!.-ũ + ũ 31 ,(3 !(¢-ũ "#ũ #23 ũ ! 42 ũ #-ũ 24ũ 1# #+"~ ēıũ ¢,#2#ũ #-ũ !4#-3 ũ #+ũ 2(++#1.ũ 4"(!( +ũ "#2(%- ".ũ /.1ũ + ũ !3.1 ũ / 1 ũ 1#!( (1ũ 242ũ $4341 2ũ -.3($(! !(.-#2ũ 8ũ + ũ 43.ı 1(9 !(¢-ũ .3.1% " ũ ũ 24ũ .% ı ".ũ 31.!(- ".1ēıũ .3($~04#2#ũ 8ũ Ì,/+ 2#ē
.ũ 04#ũ /.-%.ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ #-ũ %#-#1 +ũ / 1 ũ +.2ũ $(-#2ũ+#% +#2ũ!.11#2/.-"(#-3#2ē (1, ũ(+#%( +# 1ēũ #1- -".ũ .-2#! ũ ē ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ 8ũ4-ũ2#++. ĈĒćĊĎũĵũĒĎĉĐĉ ŞŞ
ũ ũ ē ũ ũ ũ
ũ .ũĉććĐıćĎđđ ũ ũ ũ ũ ũ
ũ Ė .-%.ũ#-ũ!.-.!(,(#-3.ũ"#+ũ/Ì +(ı !.ũ #-ũ %#-#1 +ũ 04#ũ /.1ũ "#!1#3.ũ #7/#"(".ũ/.1ũ#+ũ 1ēũ 423 5.ũ ¢/#9ũ Ì #9Ĕũ 4#9ũ #,/.1 +ũ"#+ũ 49% ".ũ _/3(,.ũ "#ũ +.ũ (5(+ũ "#ũ , 3.Ĕũ ,#"( -3#ũ !!(¢-ũ "#ũ /#12.- +ũ .ũ đĐũ ı ēĔũ 2#ũ ' ũ 2# + ".ũ / 1 ũ #+ũ "~ ũ , 13#2ũ 5#(-3#ũ 8ũ !(-!.ũ "#ũ #-#1.ũ "#+ũ ĉćĈĈũ "#2"#ũ + 2ũ ! 3.1!#ũ '.1 2ũ' 23 ũ+ 2ũ"(#9ũ8ũ.!'.ũ'.1 2Ĕũ #-ũ+ ũ2#!1#3 1~ ũ"#ũ#23 ũ 4"(! 341 ũ / 1 ũ04#ũ3#-% ũ+4% 1ũ#+ũ1#, 3#ũ#-ũ /Ì +(! ũ24 23 ũ"#+ũ (#-ũ(-,4# +#ũ #, 1% ".ũ2(%4(#-3#Ė ĉēıũ ¡ ēıũ +ũ (#-ũ (-,4#ı +#ũ 2#ũ #-!4#-31 ũ 4 (! ".Ĕũ #-ũ + ũ 1.5(-!( ũ "#ũ 4-%41 '4 Ĕũ -3¢-ũ , 3.Ĕũ 11.04( ũ -3 ũ .2 Ĕũ 11(.ũ ũ %" +#- ũ #!3.1ũ . ++.ı 415 ũ 1 5 Ĕũ !.-2("#1 ".ũ !.,.ũ 41 +ē Ċēũ ũ ē ũ Ë ũ Ė Ėũ .-ũ đĊēććũ ,#31.2ėũ ,(-.ũ Ì +(!.ē Ėũ .-ũ ĈĎĊēććũ ,#31.2ėũ 1ēũ 1+.2ũ Ì #9ē Ėũ .-ũĒďēććũ,#31.2ėũ 4# 1 " ũ . ++.ē Ėũ .-ũ ďĈēććũ ,#31.2ėũ ,(-.ũ Ì +(!.ē Ėũ ũ } Ë ũ ũ ũ Ė Ėũ .-ũ đĊēććũ ,#31.2ėũ ,(-.ũ Ì +(!.ē Ėũ .-ũ ĈĎĊēććũ ,#31.2ėũ 1ēũ 1+.2ũ Ì #9ē Ėũ .-ũ ďĈēććũ ,#31.2ėũ ,(-.ũ Ì +(!. Ėũ .-ũ Ēďēććũ ,#31.2ėũ 4# 1 " ũ . ++. Čēıũ Ë ũ Ė ũ: ũ ũ ũ ũ#2ũ "#ũĐĈćĈēďĒũ,ĉē Ë ũ ũ ũ Ė
ũ ũ ũ ũ#2ũ "#ũ ũ ũ ũ ē Ďēũ ¡ ũ ũ ũ +ũ 3#11#-.ũ /.2##ũ 4- ũ 3./.%1 $~ ũ (11#%4+ 1ėũ "#ũ + 2#ũ !3 5 Ĕũ 24#+.ũ !.-ũ2#5#1 ũ+(,(3 !(¢-ũĸ;1(".ĹĔũ!.-ũ /#-"(#-3#ũ,48ũ#2! 1/ " ũĸ, 8.1ũ +ũĐćŘĹũ8ũ#7!#2(5 ũ/#"1#%.2(" "Ĕũ ,48ũ 24/#1$(!( +Ĕũ #2ũ (,/1."4!3(5.Ĕũ !.-ũ#1.2(¢-ũ,48ũ2#5#1 ũ"# (".ũ ũ 04#ũ#-ũ#23#ũ2#!3.1Ĕũ2#ũ#-!4#-31 -ũ $4-!(.- -".ũ ,(- 2ũ "#ũ #7/+.3 ı !(¢-ũ"#ũ, 3#1( +#2ũ/_31#.2ē ¡ ēıũ -ũ+ ũ/ 13#ũ .13#ũ 04#ũ!.+(-" ũ!.-ũđĊēććũ,#31.2ũ4-ũ ! ,(-.ũ/Ì +(!.Ĕũ2#ũ. 2#15.ũ04#ũ#+ũ ! ,(-.ũ 2#ũ #-!4#-31 ũ "#11( ".Ĕũ "# (".ũ ũ+ ũ#7/+.3 !(¢-ũ"#ũ, 3#ı 1( +ũ/_31#.ē ďēıũ ¡ ũ ũ ēıũ 2ũ 4- ũ 9.- ũ ,(-#1 ũ 8ũ "#ũ/+425 +~ ũ,#"( ı ) ē Đēıũ ēıũ .2ũ ,(-.2ũ Ì +(!.2ũ 04#ũ !(1!4-" -ũ #+ũ (#-ũ (-,4# +#ũ #2ũ "#ũ 3#1!#1ũ .1"#-ėũ #+ũ 2#!3.1ũ -.ũ /.2##ũ 2#15(ı !(.2ũ ;2(!.2ē đēıũ ¡ ũ ũ ēı 1 ũ #+ũ /1#2#-3#ũ 5 +Ì.ũ 2#ũ /+(!¢ũ #+ũ,_3.".ũ!.,/ 1 3(5.Ĕũ. 3#-(#-ı ".ũ (-$.1, !(¢-ũ "#ũ +.2ũ 3#11#-.2ũ 8ũ (#-#2ũ(-,4# +#2ũ +#" .2ē ũ ũ ¡ Ĕũ : ũ ĸ,ĉĹĔũ ē ũ ĸ ĵ! " ũ ,ĉĹĔũ ¡ė #11#-.ĔũĐĈćĈēďĒĔũĉēććĔũĈČĉćĊēđė ũ Ĕũ #-3.-!#2Ĕũ 04#ũ #+ũ 5 +Ì.ũ .3 +ũ "#+ũ (#-ũ -,4# +#Ĕũũ #2ũ"#ũũ ĈČĉćĊēĊđũ ũ ĸ 3.1!#ũ ,(+ũ ".2!(#-ı 3.2ũ 31#2ũ !.-ũ ĊđĵĈććũ ¢+ 1#2ũ ,#1(! -.2Ĺē
2ũ/#12.- 2ũ(-3#1#2 " 2ũ/4#"#-ũ . 3#-#1ũ , 8.1#2ũ (-$.1,#2ũ #-ũ + ũ #!1#3 1( ũ "#+ũ 49% ".ũ _/3(,.ũ "#ũ+.ũ (5(+ũ"#ũ , 3.ēũ #, 3#ũ04#ũ 2#1;ũ ")4"(! ".ũ +ũ ,#).1ũ /.23.1Ĕũ /.1ũ 31 3 12#ũ "#+ũ #%4-".ũ 2# + ı ,(#-3.Ĕũ + 2ũ /.2341 2ũ 2#ũ 1#!#/3 ı 1;-ũ2. 1#ũ+ ũ 2#ũ"#ũ+ ũ,(3 "ũ"#+ũ /1#!(.ũ"#+ũ 5 +Ì.Ĕũ"#+ũ (#-ũ(-,4#ı +#ũ#, 1% ".ũ ũ1#, 3 12#ũ8ũ04#ũ (1;-ũ !.,/ ".2ũ!.-ũ#+ũ"(#9ũ/.1ũ !(#-3.ũ #-ũ "(-#1.ũ #-ũ #$#!3(5.ũ .ũ !'#04#ũ !#13($(! ".ũ ũ -., 1#ũ "#ũ #23 ũ 4"(! 341 ēı , 3.ũ ũ .5(#, 1#ũ ĉĉũ "#+ũ ĉćĈćēı #!1#3 1(. (1, ũ(+#%( +# 1ēũ 4%.ũ -3.2ũ ';5#9ē 8ũ4-ũ2#++. ĈđđĈČũĵũĒČĎďĐ 44
#-%.ũ ũ (#-ũ /.-#1ũ #-ũ !.-.!(ı ,(#-3.ũ"#+ũ/Ì +(!.ũ#-ũ%#-#1 +ũ04#ũ /.1ũ "#!1#3.ũ #7/#"(".ũ /.1ũ #+ũ 1ēũ
.1%#ũ 1!.2ũ 4#9ũ #,/.1 +ũ "#+ũ
49% ".ũ 1(,#1.ũ "#ũ +.ũ (5(+ũ "#ũ , 3.Ĕũ 2#ũ ' ũ 2# + ".ũ / 1 ũ #+ũ "~ ũ+4-#2ũ5#(-3#ũ8ũ!4 31.ũ"#ũ#-#1.ũ "#+ũ ".2ũ ,(+ũ .-!#Ĕũ "#ũ + 2ũ ! 3.1!#ũ ũ + 2ũ "(#!(.!'.ũ '.1 2Ĕũ #-ũ #+ũ )4(ı !(.ũ .ēũ ĉććĒıćĎČĈũ #+ũ 1#, 3#ũ "#+ũ (-,4# +#ũ#, 1% ". ĉũ ¡ +ũ 3#11#-.ũ 2#ũ #-!4#-31 ũ )4-3.ũ ũ 4-ũ ! ,(-.ũ /4 +(!.ũ "#+ũ 2#!3.1ũ "#-.,(- ".ũ ġ 1 3(++.Ģũ /#13#-#ı !(#-3#ũ ũ + ũ / 11.04( ũ -ũ -"1_2ũ "#+ũ ! -3¢-ũ ~++ 1.Ĕũ /1.5(-!( ũ "#ũ 4-%41 '4 ĉēĈıũ Ėũ 1./(#" "ũ"#ũ #"1.ũ +.ũ '(! (9 ũ!.-ũĊČēććũ,ē Ėũ ,(-.ũ /Ì +(!.ũ !.-ũ ĊČēĎćũ ,ē Ėũ + ũ /1./(#" "ũ "#ũ -4#+ũ ."1(%.ũ '(! (9 ũ!.-ũĈĈĐēĉćũ,ē Ėũ ũ 2#15("4, 1#ũ "#ũ / 2.ũ "#ũ5 1(.2ũ/1./(#3 1(.2ũ!.-ũĈĈČēďćũ ,ē +ũ ;1# ũ "#+ũ 3#11#-.ũ !.-ũ + 2ũ ,#"(ı " 2ũũ -.3 " 2ũ#2ũ"#ũĊĒĊĒēĈďũ,ĉ Ċũ ũ ũ +ũ3#11#-.ũ2#ũ#-!4#-31 ũ#-ũ+ ũ9.- ũ 141 +Ĕũ2#!3.1ũ#,(-#-3#,#-3#ũ %1~ı !.+ Ĕũ#-ũ#+ũ04#ũ#7(23#-ũ!4+3(5.2ũ"#ũ !(!+.ũ!.13.ē +ũ+.3#ũ2#ũ!.-2("#1 ũ!#-31 +ũ!.-ũ4-ũ 2.+.ũ$1#-3#Ĕũ+ ũ$.1, ũ#2ũ1#!3 -%4ı + 1Ĕũ+ ũ3./.%1 $~ ũ#2ũ/+ -
ũ (-$1 #2314!341 ũ "#+ũ 3#11#-.ũ #2ũ ! ,(-.ũ #,/#"1 ".Ĕũ 1#"ũ "#ũ #-#1ı %~ ũ#+_!31(! ũ8ũ"#ũ %4 ũ/.3 +# -ũ + ũ / 13#ũ $1.-3 +ũ 04#ũ " ũ ' !( ũ #+ũ/ 2 )#ũ/4 +(!.ũ2#ũ' ũ+#5 -3 ".ũ 4- ũ !.-2314!!(¢-ũ "#ũ '.1,(%¢-ũ 1, ".ũ"#ũ4- ũ/+ -3 ũ!.-ũ%1 " 2ũ #73#1(.1#2ũ ũ + ũ 3#11 9 ũ "#ũ + ũ +.2 Ĕũ + ũ !.-2314!!(¢-ũ -.ũ 2#ũ #-!4#-31 ũ !.-ũ ! ".2ũ 1# +(9 ".2ũ ' 23 ũ #+ũ 14 1.ũ"#ũ#-+4!(".2 Čũ ũ ũ ũ +ũ 5 +Ì.ũ 1# +ũ "#+ũ 3#11#-.ũ #23 ũ " ".ũ /.1ũ #+ũ 5 +.1ũ !.,#1!( +ũ "#+ũ ,ĉũ/.1ũ24ũ4 (! !(¢-ũ/.1ũ#+ũ!.#$(ı !(#-3#ũ 5( +Ĕũ ,4+3(/+(! ".ũ 8ũ /.1ũ #+ũ ;1# ũ"#+ũ3#11#-.ũ!.,.ũ2#ũ,4#231 ũ
#-ũ+ ũ$¢1,4+ Ė Ş !Ň 5Ň ČēĈıũ +ũ5 +.1ũ!.,#1!( +ũ/ 1 ũ3#11#ı -.2ũ4 (! ".2ũ#-ũ#+ũ2#!3.1ũ"#-.,(ı - ".ũ 1 3(++.ũ"#ũ+ ũ/ 11.04( ũ -ũ -"1_2ũ"#ũ ~++ 1.ũ#2ũ"#ũđēććũ ēũ +ũ,#31.ũ!4 "1 ". Čēĉıũ /+(! -".ũ+ ũ$¢1,4+ ŞđēććŇćēđĎŇĊĒĊĒēĈď ŞĉďĐđďĔĉđđũ Ďũ ũ ũ ũ ũ +ũ 5 +Ì.ũ 1# +ũ "#ũ + ũ !.-2314!!(¢-ũũ #23 ũ " ".ũ /.1ũ #+ũ 5 +.1ũ "#+ũ ,#31.ũ "#ũ!.-2314!!(¢-ēũ 4+3(/+(! ".ũ/.1ũ + ũ 2#,(24, ũ "#ũ +.2ũ !.#$(!(#-3#2ũ "#ũ !.-2#15 !(¢-Ĕũ #" "ũ 8ũ /.1ũ #+ũ ;1# ũ "#ũ !.-2314!!(¢-ũ !.,.ũ 2#ũ ,4#231 ũ#-ũ+ ũ$¢1,4+ Ş ,Ňĸĸ !ś #ĹĵĉĹŇ Ĺ ĎēĈıũ +ũ ,#31.ũ !4 "1 ".ũ "#ũ !.-2ı 314!!(¢-ũ / 1 ũ ! 2 2ũ "#ũ '.1,(%¢-ũ 1, ".ũ8ũ!4 (#13 ũ"#ũ+.9 ũ"#ũ4- ũ 2.+ ũ/+ -3 Ĕũ"#/#-"#ũ"#ũ+.2ũ14 1.2ũ 04#ũ2#ũ' -ũ#)#!43 ".ėũ#23.2ũ2.-Ė ıũ (,(#-3.ũ"#ũ .1,(%¢-ũ 1, ". ıũ .-31 /(2.2ũ "#ũ .1,(%¢-ũ 2(,ı /+# ıũ .+4,- 2ũ"#ũ'.1,(%¢-ũ 1, ". ıũ (% 2ũ"#ũ'.1,(%¢-ũ 1, ". ıũ 4 (#13 ũ"#ũ .1,(%¢-ũ 1, ". ıũ 1#"#2ũ"#ũ +.04# ıũ -+4!(".2ũ"#ũ 1#- ũ!#,#-3. ıũ -23 + !(.-#2ũ #+_!31(! 2ũ #,/.ı 31 " 2 ıũ -23 + !(.-#2ũ 2 -(3 1( 2ũ #,/.ı 31 " 2 +ũ !.23.ũ "#+ũ ,#31.ũ !4 "1 ".ũ "#ũ !.-2314!!(¢-ũ ! +!4+ ".ũ !.-ũ +.2ũ 14 1.2ũ -.3 ".2ũ #2ũ "#ũ ĈČĐĔĎćũ Ďēĉıũ +ũ #23 ".ũ "#ũ !.-2#15 !(¢-ũ "#ũ + ũ !.-2314!!(¢-ũ 2#ũ #23 +#!#ũ "#ũ 1#%4+ 1ũ ũ 4#-.Ĕũ /.1ũ +.ũ 3 -3.ũ !Şćēđć ĎēĊıũ ũ#" "ũ"#ũ+ ũ!.-2314!!(¢-ũ#2ũ "#ũĈũ .ũ /1.7(, " ,#-3#Ĕũ/.1ũ+.ũ 3 -3.ũ #ŞćĔĒĒ ĎēČıũ /+(! -".ũ+ ũ$¢1,4+ ĈŞĈČĐēĎćũ ĸĸćēđćśćēĒĒĹĵĉĹũ Ēďēćć ĈŞĈĉďĐĊēĉćũ ē ďũ Ĕũ ũ ēė ũ ũ ũ Ĕũ ĉďĐđďēĉđė ũ ũ Ĕũ ĈĉďĐĊēĉćė ũ ũ ĔũĊĒČĎĒēČđė .-Ėũ 1#(-3 ũ 8ũ -4#5#ũ ,(+ũ !4 31.ı !(#-3.2ũ!(-!4#-3 ũ8ũ-4#5#ũČđĵĈććũ ¢+ 1#2 8.1#2ũ(-$.1,#2ũ#-ũ+ ũ #!1#3 1( ũ "#ũ #23 ũ 4"(! 341 Ĕũ /.2341 2ũ 04#ũ 2#ũ ")4"(! 1;-ũ +ũ ,#).1ũ /.23.1Ĕũ /.2341 2ũ 04#ũ (1;-ũ !.,/ " 2ũ "#+ũ ĈćŘũ 04#ũ "#3#1,(- ũ + ũ +#8Ĕũ #-ũ "(-#1.ũ #-ũ #$#!3(5.ũ .ũ !'#04#ũ !#13($(! ".ēı .1ũ 31 3 12#ũ "#+ũ /1(,#1.ũ 2# ı + ,(#-3.ũ 2#ũ !#/3 1;-ũ /.2341 2ũ /.1ũ + 2ũ ".2ũ 3#1!#1 2ũ / 13#2ũ "#+ũ 5 +Ì.ēı , 3.Ĕũ .5(#, 1#ũĈĒũ"#+ũĉćĈć $(1, ũ(+#%( +#
ũ #!1#3 1( -( ũ 8.1% ũ ē 8ũ4-ũ2#++. ĈđđĉĊũĵũĒČČĈđ 44
#/Ì +(! ũ"#+ũ !4 ".1ũ . (#1-.ũ 43¢-.,.ũ #2!#-31 +(9 ".ũ 4-(!(/ +(" "ũ"#ũ , 3.ũ ũ ũ ũ ũ ũ
ũ 4-3 ũ"#ũ #, 3#2ũ 4-(!(/ +#2Ĕũ !.-5.! ũ ũ +.2ũ !.+(-" -3#2ũ (-3#1#ı 2 ".2ũ #-ũ / 13(!(/ 1ũ #-ũ #+ũ 1#, 3#ũ "#ũ + ũ $1 -) ũ "#ũ 3#11#-.ũ "#ũ /1.ı /(#" "ũ 4-(!(/ +Ĕũ 4 (! " ũ #-ũ + ũ 5#-(" ũ ~!3.1ũ 4%.ũ 8ũ ! ++#ũ 3 ++ ũ "#ũ (!'(-!' ũ "#ũ + ũ / 11.ı 04( ũ (2'(+ 3 Ĕũ ! -3¢-ũ , 3.Ĕũ /1.5(-!( ũ "#ũ 4-%41 '4 Ĕũ "#ũ + 2ũ 2(%4(#-3#2ũ! 1 !3#1~23(! 2Ėũ : Ĕũ Ĕũ ėũ ĈĊĒĔďđũ,ĉĔũ ("( ũ 1( - ũ .5 +(-.ũ ;1"#- 2Ĕũ ŌĎēĎđĐĔĉćėũ +ũ1#, 3#ũ2#ũ1# +(9 1;ũ"#ũ!.-$.1,(ı " "ũ +ũ #%+ ,#-3.ũ "#ũ (#-#2ũ "#+ũ #!3.1ũ Ì +(!.ėũ8Ĕũ+ ũ #8ũ 1%;-(! ũ "#ũ _%(,#-ũ 4-(!(/ +ũ 13~!4+.2ũ ĉĐĐũ +ũ ĉđĒũ 04#ũ 2#ũ 1#$(#1#-ũ ũ + 2ũ 2.+#,-(" "#2ũ / 1 ũ + ũ 5#-3 ũ "#ũ (#-#2ũ (-,4# +#2ũ ,4-(!(/ +#2ėũ 8Ĕũ 2#ũ #$#!34 1;ũ #+ũ "~ ũ +4-#2ũ Ĉćũ "#ũ #-#1.ũ "#+ũ ĉćĈĈĔũ ũ / 13(1ũ "#ũ + 2ũ ĈČ ććũ ' 23 ũ + 2ũ Ĉď ććũ + ũ /1#ı 2#-3 !(¢-ũ "#ũ 2. 1#2ėũ 8Ĕũ 24ũ /#1ı 341 ũ ũ+ 2ũĈđ ććũ#-ũ+ ũ $(!(- ũ"#ũ 2#2.1~ ũ 41~"(! ũ 4-(!(/ +ēũ
2ũ 2.+(!(34"#2ũ 2#ũ "# #1;-ũ /1#ı 2#-3 1ũ#-ũ/ /#+ũ2#++ ".ũ 4-(!(/ +Ĕũ ".-"#ũ!.-2(%- 1;-ũ242ũ" 3.2ũ/#1ı 2.- +#2Ĕũ "(1#!!(¢-ũ ".,(!(+( 1( ũ 8ũ #+ũ5 +.1ũ"#ũ+ ũ.$#13 Ĕũ !.,/ -ı ".ũ + ũ !./( ũ "#ũ + ũ !_"4+ ũ "#ũ ("#-ı 3(" "ũ 8ũ !#13($(! ".ũ "#ũ 5.3 !(¢-ėũ #+ũ ĉćŘũ "#ũ + ũ .$#13 Ĕũ #-ũ "(-#1.ũ #-ũ #$#!3(5.ũ .ũ !'#04#ũ !#13($(! ".ũ ũ -., 1#ũ "#Ĉ ũ 4-(!(/ +(" "ũ "#ũ , 3.Ĕũ 04#ũ 2#1;ũ / 13#ũ "#ũ / %.ũ #-ũ#+ũ! 2.ũ"#ũ2#1ũ ")4"(! ".ėũ8Ĕũ#-ũ 2. 1#ũ!#11 ".ēũ ēũ ũ
ũ ũ ũ ĈđĒđďũĵũĒĎćĉĉ 44
ũ ũ ũ ũ ũ ũ ũ ũ ũ #-%.ũ ũ (#-ũ ũ ++#5 1ũ ũ !.-.!(ı ,(#-3.ũ "#+ũ /Ì +(!.ũ #-ũ %#-#1 +Ĕũ 04#ũ ,#"( -3#ũ "#!1#3.ũ #7/#"(".ũ /.1ũ #+ũ 2# .1ũ 4#9ũ #,/.1 +ũ "#ũ #23#ũ 49% ".ũ 1(,#1.ũ"#ũ 1 ).Ĕũ "#-31.ũ "#+ũ 7/#"(#-3#ũ .ēũ ĉććĒı ćĈĐĒĔũ 2#ũ ' ũ 2# + ".ũ #+ũ /1¢7(ı ,.ũ , 13#2ũ .!'.ũ "#ũ $# 1#1.ũ "#+ũ ".2ũ ,(+ũ .-!#Ĕũ "#2"#ũ + 2ũ ! 3.1!#ũ '.1 2ũ ũ+ 2ũ "(#!(.!'.ũ '.1 2Ĕũ ũ $(-ũ "#ũ 04#ũ #-ũ + ũ 2#!1#3 1( ũ "#ũ #23 ũ
4"(! 341 ũ 3#-% ũ +4% 1ũ #+ũ 1#, 3#ũ "#ũ+.2ũ2(%4(#-3#2ũ (#-#2Ė Ĕũ ũŌė -ũ#04(/.ũ"#ũ2.-(".ũ, 1! ũ Ĕũ ,."#+.ũ ĒĒĒĔũ!.-ũČũ/ 1+ -3#2Ĕũ 1 8 ".ēĔũĒďđēććė - ũ !.!(- ũ "#ũ !4 31.ũ 04#, ".ı 1#2ũ , 1! ũ ũ !.+.1ũ + -!.ũ 1 8 " ēĔũČĎČēććė - ũ !.!(- ũ "#ũ Čũ 04#, ".ı 1#2ũ , 1! ũ ũ !.+.1ũ + -!.ēĔũ Ďĉďēććė - ũ !.!(- ũ "#ũ ďũ 04#, ".1#2ũ , 1! ũ ũ !.+.1ũ + -!.Ĕũ ČĊĎēććė - ũ !.!(- ũ "#ũ Ďũ 04#, ".1#2ũũ , 1! ũ ũ !.+.1ũ !1., ı ".ĔũďČďēććė - ũ !.!(- ũ "#ũ Čũ 04#, ".1#2ũ , 1! ũ , #Ĕũ !.+.1ũ !1., ".ēĔũ ďĎČēććė - ũ + 5 ".1 ũ , 1! ũ ũ ,."#+.ũ ĈČćĉũ !.+.1ũ !1., ".ũ 1 8 " ēĔũ Ċďđēććė - ũ+ 5 ".1 ũ, 1! ũ ũ,."#ı +.ũ ĈĎĒĊĉ 2Ĕũ !.+.1ũ + -!.ũ 1 8 ı
".ēĔũĎĉĎēććė - ũ + 5 ".1 ũ , 1! ũ ēũ ."#+.ũ ĈČĊĉ Ĕũ !.+.1ũ + -!.ũ 1 8 ".ēĔũ ĊČďēććė - ũ + 5 ".1 ũ ũ ,."#+.ũ ďđćć ĉ ũ !.+.1ũ + -!.ũ 1 8 " ēĔũĈēĉČĎĔććė - ũ,.3.ũ, 1! ũ ũ,."#+.ũ ĈĉĎ ũ!.+.1ũ-#%1.ēĔũĈēĐđćĔćć ũ ĖũĐēĒČĐĔćć +ũ 5 +.1ũ 3.3 +ũ "#+ũ 5 +Ì.ũ 2!(#-ı "#ũ ũ + ũ 24, ũ "#ũ ũ ũ ũ ũ ũ ũ ććĵĈććũ ũ ē ē ē4ē ē .1ũ 31 3 12#ũ "#+ũ 2#%4-".ũ 2# ı + ,(#-3.ũ 2#ũ !#/3 1;-ũ /.2341 2ũ "#2"#ũ + ũ ,(3 "ũ "#+ũ 5 +Ì.Ĕũ /.2ı 341 2ũ 04#ũ (1;-ũ !.,/ " 2ũ "#+ũ ĈćŘũ04#ũ"#3#1,(- ũ+ ũ #8Ĕũ#-ũ!'#ı 04#ũ!#13($(! ".ũ.ũ"(-#1.ũ#$#!3(5.ē
.2ũ (-3#1#2 ".2ũ /4#"#-ũ . 3#ı -#1ũ , 8.1ũ (-$.1, !(¢-ũ #-ũ + ũ #!1#3 1( ũ"#ũ#23#ũ 49% ".ē , 3.Ĕũ"(!(#, 1#ũĉĈũ"#+ũĉćĈćũ (1, ũ(+#%( +# 1 ēũ .1 ũ (1 ".ũ + !(.2 8ũ4-ũ2#++. ĈđĒđđũĵũĒĎĉćĐ 44
ũ ũ Ĕũ ũ .ũćĈĎďıĉććđ .-%.ũ#-ũ!.-.!(,(#-3.ũ"#+ũ/Ì +(ı !.ũ #-ũ %#-#1 +ũ 04#ũ #+ũ "~ ũ )4#5#2ũ "(#!(2(#3#ũ "#ũ $# 1#1.ũ "#+ũ ".2ũ ,(+ũ .-!#Ĕũ "#2"#ũ + 2ũ ! 3.1!#ũ '.1 2ũ ' 23 ũ + 2ũ "(#!(.!'.ũ '.1 2ũ 2#ũ ++#ı 5 1 ũ ũ ! .ũ #+ũ 1#, 3#ũ #-ũ /Ì +(ı ! ũ 24 23 ũ "#ũ + 2ũ ũ ũ ũ #-ũ #+ũ 2(%4(#-3#ũ (#-ũ (-,4# +#ũ#, 1% ".Ė Ĉēũ ¡ ē +ũ/1#"(.ũ2#ũ#-!4#-31 ũ#-ũ+ ũ! ++#ũ /Ì +(! ũ "#+ũ 2#!3.1ũ "#-.,(- ".ũ ġ -ũ 4(2ũ +3.ĢĔũ /#13#-#!(#-ı 3#ũ ũ + ũ / 11.04( ũ (2'(+ 3 Ĕũ "#+ũ ! -3¢-ũ , 3.Ĕũ /1.5(-!( ũ "#+ũ 4-%41 '4 ē ĉēũ ē ēıũ ũ/1./(#" "ũ"#ũ #%4-".ũ 1341.ũ ."1~%4#9ũ!.-ũďĐēđć, Ėũ ũ#-31 " ũ8ũ2 +(" ũ"#ũĊ,ũ"#ũ -!'.ũ 8ũ / 2 -".ũ #23;ũ "#ũ (%4#+ũ 4/#ũ!.-ũďćēĊć, Ėũ ũ /1./(#" "ũ "#ũ Ì+ũ #11#1 ũ!.-ũČćĔďć,ũ Ėũ +ũ ! ,(-.ũ /Ì +(!.ũ !.-ũ ČĊēććũ,ē +ũ ;1# ũ ,#"(" ũ #2ũ "#ũ ũ ĉďĊďēũ ďĒũ ,ĉ Ċēũ ũ ũ 23#ũ2#ũ#-!4#-31 ũ#-ũ+ ũ9.- ũ41 ı - ũ"#ũ+ ũ/ 11.04( ũ (2'(+ 3 Ĕũ2#!3.1ũ %1~!.+ Ĕũ !34 +,#-3#ũ #+ũ ! ,(-.ũ /4 +(!.ũ 2(-ũ #+ũ -!'.ũ /1.8#!3 ".ũ #-ũ#+ũ/+ -ũ5( +ũ"#+ũ2#!3.1ē +ũ 3#11#-.ũ 3(#-#ũ ! ++#ũ /Ì +(! ũ "#ũ 3(#11 Ĕũ -.ũ 3(#-#ũ !#1 2Ĕũ 3 ,/.!.ũ .1"(++.2Ĕũ +! -3 1(++ ".ũ 2 -(3 1(.Ĕũ 1#"ũ "#ũ %4 ũ /.3 +#ũ 8ũ #-#1%~ ũ #+_!31(! ũ #-ũ #+ũ #-3.1-.Ĕũ -.ũ 3(#-#ũ !.,#3(" 2ũ /1./( 2Ĕũ 3#11#-.ũ +ı "~.ũ 2(-ũ !#11 ,(#-3.2ũ , 3#1( +#2ũ /1./(.2ē Čēũ ũ ũ ē 23 ũ" ".ũ/.1ũ+ ũ$.1,4+ ũ04#ũ' !#ũ 1#+ !(¢-ũ +ũ!.#$(!(#-3#ũ"#ũ(-$1 #2ı 314!341 ũ04#ũ/.2##ũ#+ũ3#11#-.Ĕũ/.1ũ #+ũ .#$(!(#-3#ũ04#ũ3., ũ#-ũ!4#-3 ũ + ũ $¢1,4+ Ĕũ /#-"(#-3#ũ 8ũ 3 , .Ĕũ ,4+3(/+(! ".ũ /.1ũ #+ũ 5 +.1ũ /1./(.ũ "#+ũ3#11#-.ũ8ũ;1# ũ! +!4+ ".ē Ş ,ũŇ (Ň $Ň ČēĈēıũ +ũ5 +.1ũ/1./(.ũ/.1ũ24ũ4 (! ı !(¢-ũ8ũ! 1 !3#1~23(! 2ũ#2ũ"#ũĊćēććũ ũ#+ũ,ĉē Čēĉēıũ +ũ!.#$(!(#-3#ũ"#ũ(-$1 #2314!ı 341 ũ (ŞćĔĐĎ ČēĊēıũ +ũ .#$(!(#-3#ũ"#ũ $#!3 !(¢-ũ $ŞćĔĐĎĎ ŞũĊćēććŇćēĐĎŇćēĐĎĎŇĉďĊďēďĒ 13ŞũČČĐĒćēĐĐũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ĈČĒĊćēĉďũ ē Ėũ 3.1!#ũ (+ũ .5#!(#-3.2ũ 1#(-3 ũĉďĵĈćć
2ũ /#12.- 2ũ (-3#1#2 " ũ /4#"#-ũ . 3#-#1ũ , 8.1#2ũ (-$.1,#2ũ #-ũ + ũ #!1#3 1( ũ"#+ũ 49% ".ũ 4 13.ũũ"#ũ +.ũ (5(+ũ "#ũ 4-%41 '4 Ĕũ #, 3#ũ 04#ũ2#1;ũ ")4"(! ".ũ +ũ,#).1ũ/.2ı 3.1Ĕũ/.1ũ2#1ũ#+ũ/1(,#1ũ2# + ,(#-ı 3.ũ 2#ũ !#/3 1;-ũ /.2341 2ũ 2. 1#ũ + 2ũ".2ũ3#1!#1 2ũ/ 13#2ũ"#+ũ 5 +Ì.ũ "#ũ + 2ũ !!(.-#2ũ 8ũ #1#!'.2Ĕũ + 2ũ ,(2, 2ũ 04#ũ (1;-ũ !.,/ " 2ũ "#+ũĈćŘũ#-ũ"(-#1.ũ.ũ!'#04#ũ!#13(ı $(! ".ũ ũ-., 1#ũ"#+ũ 49% ".ē (1, ũ(+#%( +# ēũ ũ 8ũ4-ũ2#++. ĈđĒĒĊũĵũĒĎćďĈ 44
ũ ũ
ũ .ũĉććđıĈćĊĐ .-%.ũ -ũ .-.!(,(#-3.ũ #+ũ Ì +(!.ũ -ũ #-#1 +ũ 4#ũ .1ũ #!1#3.ũ 7/#"(".ũ .1ũ +ũ 1ēũ 4%.ũ !'#!.ũ ēĔũ 4#9ũ #1!#1.ũ #ũ .ũ (5(+ũ #ũ , 3.Ĕũ #ũ ũ # + ".ũ 1 ũ +ũ ~ ũ 4#5#2ũũ31#2ũ #ũ # 1#1.ũ "#+ũ ĉćĈĈėũ "#2"#ũ + 2ũ ! 3.1!#ũ'.1 2ũ' 23 ũ+ 2ũ"(#!(.!'.ũ '.1 2ũ #-ũ + ũ #!1#3 1~ ũ "#ũ #23 ũ )4"(! 341 Ĕũ ũ $(-ũ "#ũ 04#ũ 3#-% ũ +4% 1ũ#+ũ1#, 3#ũ#-ũ/Ì +(! ũ24 2ı 3 ũ"#+ũ (#-ũ(-,4# +#ũ#, 1% ".ũ 04#ũ ũ!.-3(-4 !(¢-ũ2#ũ"#3 ++ ē Ĉēũ ¡ Ėũ +ũ (-,4# +#ũ #-ũ ,#-!(¢-ũ 2#ũ #-!4#-31 ũ 4 (! ".ũ #-ũ #+ũ /4-3.ũ 2 ;-Ĕũ 2#!3.1ũ #+ũ +5 1(.ũ ~ ũ ũ .-"#2 -Ĕũ 2#!3.1ũ 04#ũ /#13#-#!#ũ ũ + ũ )41(2"(!!(¢-ũ "#ũ + ũ / 11.04( ũ 4(2 /(-!' ũ "#+ũ ! -3¢-ũ , 3.Ĕũ /1.5(-!( ũ "#+ũ 4-%41 '4 ē ĉēũ ē ěũ ēıũ .-ũ ĊćēĐć,Ĕũ 4-ũ ! ,(-.ũ 5#!(- +ũ /# ı 3.- +ũ"#ũĉ,ũ"#ũ -!'.ũ8ũ ũ!.-3(ı -4 !(¢-ũ+ ũ !#04( ũ +ũ . .ē ěũ ēıũ .-ũ ĉĉēĊĎũ ,Ĕũ !#04( ũ .,4-(3 1( ũ !.-ũ 24ũ 2#15("4, 1#ē ěũ ēıũ .-ũ ĉĐēĈć,Ĕũ !#04( ũ .,4-(3 1( ũ !.-ũ 24ũ 2#15("4, 1#ũ 04#ũ 2#/ 1 ũ + ũ/1./(#" "ũ"#ũ "1( -.ũ 4 8;-ũ ē ěũ ēũ .-ũ ČĈēĈć,ũ + ũ /1./(#" "ũ "#ũ 1~ ũ /4/ +. Ċēıũ ēũ +ũ ;1# ũ ,#"(" ũ "#+ũ(-,4# +#Ĕũ!.,/1#-"(".ũ#-31#ũ #23.2ũ+(-"#1.2ũ8ũ!.-ũ+ 2ũ,#"(" 2ũ -.3 " 2ũ #2ũ "#ũ ĐĈČēĐĐũ ,#31.2ũ !4 "1 ".2ē ¡ ũ ũ Ë ěũ
ũ $.1, ũ "#+ũ 3#11#-.ũ#2ũ(11#%4+ 1ũ2(%4#ũ#+ũ31 9.ũ "#ũ+ ũ !#04( ũ!.,4-(3 1( ũ +ũ241ũ8ũ #23#ē ěũ
ũ /#-"(#-3#ũ #2ũ
+(%#1 ,#-3#ũ (-!+(- " ũ ' !( ũ #+ũ 241ē ěũ +ũ 2#!3.1ũ #2ũ 1Ì23(ı !.Ĕũ 4-ũ/1#5 +#!#ũ+ ũ %1(!4+341 ěũ +ũ 2#!3.1ũ !4#-3 ũ !.-ũ %4 ũ #-34 " ũ 8ũ 3#-"(".ũ #+_!31(!.ē ěũ .-ũ #23 2ũ ! 1 !ı 3#1~23(! 2ũ#+ũ3#11#-.ũ+.ũ 5 +Ì.ũ#-ũ ē ũĐĈČĐĔććũ"¢+ 1#2 ěũ +ũ (-3#1(.1ũ "#+ũ (-,4# +#ũ 2#ũ ' -ũ 1# +(9 ".ũ + 2ũ 2(%4(#-3#2ũ. 1 2ũ!(5(+#2Ė ěũ - ũ !.-2314!!(¢-ũ -3(%4 ũ"#ũ4- ũ/+ -3 ũ!.-ũ#2314!ı 341 ũ"#ũ, "#1 Ĕũ +.04#ũ#-+4!(".Ĕũ /(-3 ".ũ 8ũ 3#) Ĕũ !4 1#ũ ĎČēććũ ,ĉũ 04#ũ2#ũ#-!4#-31 -ũ#-ũ, +ũ#23 ".ũ "#ũ !.-2#15 !(¢-ēũ - ũ ,#"( ı %4 ũ !.-ũ #2314!341 ũ "#ũ , "#1 Ĕũ +.04#ũ 2(-ũ #-+4!(1Ĕũ 3#!'.2ũ "#ũ 9(-!ũ 8ũ 3#) ũ !4 1#ũ ĈĎēćć,ĉũ 8ũ 2#ũ #-!4#-31 ũ #-ũ 1#%4+ 1ũ #23 ".ũ "#ũ !.-2#15 !(¢-ēũ 2ũ 5 +Ì.ũ #-ũ ēũ ĉďďćēććũ"¢+ 1#2ē ũ ũ ũ ũ ũ ũ ũ ũ ĸ ēĒđćĐĔććĹũ ũ ũ ũ ũ ũ ē
2ũ /#12.- 2ũ (-3#1#2 " ũ /4#ı "#-ũ . 3#-#1ũ , 8.1#2ũ (-$.1,#2ũ #-ũ + ũ #!1#3 1( ũ "#+ũ 49% ".ũ #1!#1.ũ "#ũ +.ũ (5(+ũ "#ũ , 3.Ĕũ 1#, 3#ũ 04#ũ 2#1;ũ ")4"(! ".ũ +ũ ,#).1ũ/.23.1Ĕũ/.1ũ2#1ũ#+ũ2#%4-".ũ 2# + ,(#-3.Ĕũ + 2ũ /.2341 2ũ 2#ũ 1#!#/3 1;-ũ#-ũ 2#ũ ũ+ ũ,(3 "ũ"#+ũ 5 +Ì.ũ3.3 +ũ"#+ũ (#-ũ#, 1% ".Ĕũ 04#ũ (1;-ũ !.,/ " 2ũ "#+ũ "(#9ũ /.1ũ!(#-3.ũ#-ũ"(-#1.ũ#-ũ#$#!3(5.ũ.ũ !'#04#ũ!#13($(! ".ũ ũ+ ũ.1"#-ũ"#+ũ
49% ".ēũ , 3.Ĕũĉćũ"#ũ"(!(#,ı 1#ũ"#+ũĉćĈćē (1, ũ(+#%( +# ēũ 31(!(.ũ ¢/#9 ũĸ Ĺ 8ũ4-ũ2#++. ĈđĒĒČũĵũĒĎćďĉ 44
#-%.ũ ũ (#-ũ /.-#1ũ #-ũ !.-.!(ı ,(#-3.ũ "#+ũ /Ì +(!.ũ #-ũ %#-#1 +ũ 04#ũ/.1ũ"#!1#3.ũ#7/#"(".ũ/.1ũ#+ũ 1ēũ .1%#ũ 1!.2ũ 4#9ũ #,/.1 +ũ "#+ũ 49% ".ũ 1(,#1.ũ #ũ +.ũ !(5(+ũ "#ũ , 3.Ĕũ 2#ũ ' ũ 2# + ".ũ / 1 ũ #+ũ "~ ũ ,(_1!.+#2ũ ĉũ $# 1#1.ũ "#+ũ .ũĉćĈĈũ"#ũ+ 2ũĈČũ ũ+ 2ũĈđũ'.1 2Ĕũ #-ũ #+ũ )4(!(.ũ -Ì,#1.ũ ĉććĐıćĊũ ĐĎũ #-ũ 1#, 3#ũ "#ũ +.2ũ (#-#2ũ #, 1ı % ".2ē -3#!#"#-3#2Ėũ2#%Ì-ũ$.) 2ũ-Ì,#ı 1.ũ ĉđıĉĒũ 2#ũ "#3 ++ -ũ +.2ũ (#-#2ũ #, 1% ".2Ĕũ +.2ũ ,(2,.2ũ 04#ũ 2#ũ #-!4#-31 -ũ ũ ! 1%.ũ "#+ũ "#/.ı 2(3 1(.ũ )4"(!( +ũ 2# .1ũ (+ #13.ũ ;-!'#9Ĕũ / 1 ũ 24ũ 5#1($(! !(¢-ũ 2#ũ 31 2+ "¢ũ ũ + ũ / 11.04( ũ 4- ,4ı !'.Ĕũ #-ũ #$#!3.ũ 2#ũ 1#%(231 1.-ũ +.2ũ 2(%4(#-3#2ũ (#-#2ēũ -#7.Ė -3ēĔũ (#-Ĕũ , 1! ũ IJũ 2#1(#Ĕũ #23 ı ".Ĕũ 5 +Ì. ĈĔũ% 3 ũ/#04# Ĕũ+ ".Ĕũđēććė ĈĔũ "(1#!!(¢-ũ "#ũ 5#'~!4+.Ĕũ (-!.,ı /+#3 ĔũĎćēũććĔ ĈĔũ!.,/1#2.1ũ%1 -"#ũ 94+Ĕũ42 ".Ĕũ Čďćēũććė ĈĔũ!(+(-"1.ũ"#ũ% 2ũ , 1(++.Ĕũ42 ".Ĕũ Čđēũććė ĈĔũ#2,#1(+ũ/#04# .ũ/+.,.Ĕũ42 ".Ĕũ ďĉēũććė ĈĔũ -!.ũ "#ũ '(#11.ũ / 1 ũ 43.Ĕũ 42 ".Ĕũĉćēũććė ĈĔũ ., ũ /.13;3(+ũ / 1 ũ + 5 1ũ ! 11.2Ĕũ #*-.Ĕũ42 ".ĔũČććēũćć ĈĔũ 4+(".1 ũ "#ũ , -.Ĕũ 42 ".Ĕũ ďĉēũ ććė ĈĔũ! 13¢-ũ"#ũ'#11 ,(#-3 2Ĕũ5 1(.2Ĕũ 42 ".Ĕũĉđēũććė ĈĔũ 3 + "1.ũ "#ũ , -.Ĕũ 1.).Ĕũ 42 ".Ĕũ đēććė ĉĔũ! #9.3#ũ"#ũ,.3.1Ĕũ(-!.,/+#ı 3.ĔũĈććēũććė ĈĔũ 4-ũ )4#%.ũ "#ũ " ".2Ĕũ (-!.,/+#ı 3.ĔũČēććė ĈĔũ ĊĵČũ "#ũ ,.3.1Ĕũ (-!.,/+#3.Ĕũ Ĉććēũććė ĉĔũ/(#9 2ũ"#ũ+ ũ!.1 9 Ĕ!ēı"#ũ! ,ı (.Ĕũ" " Ĕũďćēũććė ĈĔũ /(#9 ũ "#ũ !.1.- ũ "#ũ 43.Ĕũ (-!.,/+#3 ĔũĎćēũććė ĈĔũ!.,/1#2.1ũ/#04# .Ĕ)#3Ĕũ42 ".Ĕũ ďćēũććė ĈĔũ 1 "(.ũ / 1 ũ ! 11.Ĕũ .-8Ĕũ 42 ".Ĕũ Čćēũććė ĉĔũ ,#,.1( 2ũ / 1 ũ 1 "(.Ĕũ 42 ".Ĕũ Ĉćēũććė ĈĔũ /.3#-!( Ĕũ #-2#-Ĕũ 42 ".Ĕũ ĉćēũ ććė ĈĔũ!#+4+ 1Ĕũ .*( Ĕũ42 ".Ĕũĉćēũććė ĈĔũ,(-(ũ!.,/.-#-3#Ĕũ .-8Ĕũ42 ".Ĕũ Ĉđćēũććė ĈĔũ3#+#5(2.1Ĕũ .-8Ĕũ42 ".ĔũĈććēũććė ĈĔũ,;04(- ũ.5#1+.!*Ĕũ .)#Ĕũ42 ".Ĕũ ďććēũććė ĈĔũ% 5#3 ũ"#ũ +4,(-(.Ĕũ42 ".ĔũĈćēũ ććė .3 +ĔũĉĎććēũćć .3 +ũ "#ũ (#-#2ũ 5 +4 ".2Ėũ 42"ēũ ĉĎććēũćć Ėũ ũ ũ ũ ćć ũ Ĉććũ ũ 8.1#2ũ(-$.1,#2ũ#-ũ+ ũ #!1#3 1~ ũ "#ũ #23 ũ )4"(! 341 Ĕũ /.2341 2ũ 04#ũ 2#ũ ")4"(! 1;-ũ +ũ ,#).1ũ /.23.1Ĕũ /.2341 2ũ 04#ũ (1;-ũ !.,/ " 2ũ "#+ũ ĈćŘũ 04#ũ "#3#1,(- ũ + ũ +#8Ĕũ #-ũ "(-#1.ũ #-ũ #$#!3(5.ũ .ũ !'#04#ũ !#13($(! ".ēũij .1ũ 31 3 12#ũ "#+ũ /1(,#1ũ 2# + ı ,(#-3.ũ 2#ũ !#/3 1;-ũ /.2341 2ũ /.1ũ + 2ũ ".2ũ 3#1!#1 2ũ / 13#2ũ "#+ũ 5 +Ì.ēı , 3.Ĕũ"(!(#, 1#ũĒũ"#+ũĉćĈć (1, ũ(+#%( +# +ũ #!1#3 1(.ũ #,/.1 +
(!ēũ 4(".ũ .8 ē ĈđĒĒđũĵũĒĎćđĊ 44
#/Ì +(! ũ"#+ũ !4 ".1ũ . (#1-.ũ 43¢-.,.ũ #2!#-31 +(9 ".ũ 4-(!(/ +(" "ũ"#ũ , 3.ũ ũ ũ ũ ũ ũ
ũ 4-3 ũ"#ũ #, 3#2ũ 4-(!(/ +#2Ĕũ !.-5.! ũ ũ +.2ũ !.+(-" -3#2ũ (-3#1#ı 2 ".2ũ #-ũ / 13(!(/ 1ũ #-ũ #+ũ 1#, 3#ũ "#ũ + ũ $1 -) ũ "#ũ 3#11#-.ũ "#ũ /1.ı /(#" "ũ 4-(!(/ +Ĕũ 4 (! " ũ #-ũ + ũ 5#-(" ũ ~!3.1ũ 4%.ũ 8ũ ! ++#ũ 3 ++ ũ "#ũ (!'(-!' ũ "#ũ + ũ / 11.ı 04( ũ (2'(+ 3 Ĕũ ! -3¢-ũ , 3.Ĕũ /1.5(-!( ũ "#ũ 4-%41 '4 Ĕũ "#ũ + 2ũ 2(%4(#-3#2ũ! 1 !3#1~23(! 2Ėũ : Ĕũ Ĕũ ėũ ĉĊđĔđĊũ ,ĉĔũ -3.-(.ũ ,(-.ũ 8ũ #--(3ũ (++ ,(+Ĕũ ŌĒēĎĎĊĔĉćũ +ũ1#, 3#ũ2#ũ1# +(9 1;ũ"#ũ!.-$.1,(ı " "ũ +ũ #%+ ,#-3.ũ "#ũ (#-#2ũ "#+ũ #!3.1ũ Ì +(!.ėũ8Ĕũ+ ũ #8ũ 1%;-(! ũ "#ũ _%(,#-ũ 4-(!(/ +ũ 13~!4+.2ũ ĉĐĐũ +ũ ĉđĒũ 04#ũ 2#ũ 1#$(#1#-ũ ũ + 2ũ 2.+#,-(" "#2ũ / 1 ũ + ũ 5#-3 ũ "#ũ (#-#2ũ (-,4# +#2ũ ,4-(!(/ +#2ėũ 8Ĕũ 2#ũ #$#!34 1;ũ #+ũ "~ ũ +4-#2ũ ĈĐũ "#ũ
ĈČ ććũ ' 23 ũ + 2ũ Ĉď ććũ + ũ /1#ı 2#-3 !(¢-ũ "#ũ 2. 1#2ėũ 8Ĕũ 24ũ /#1ı 341 ũ ũ+ 2ũĈđ ććũ#-ũ+ ũ $(!(- ũ"#ũ 2#2.1~ ũ 41~"(! ũ 4-(!(/ +ēũ
2ũ 2.+(!(34"#2ũ 2#ũ "# #1;-ũ /1#ı 2#-3 1ũ#-ũ/ /#+ũ2#++ ".ũ 4-(!(/ +Ĕũ ".-"#ũ!.-2(%- 1;-ũ242ũ" 3.2ũ/#1ı 2.- +#2Ĕũ "(1#!!(¢-ũ ".,(!(+( 1( ũ 8ũ #+ũ5 +.1ũ"#ũ+ ũ.$#13 Ĕũ !.,/ -ı ".ũ + ũ !./( ũ "#ũ + ũ !_"4+ ũ "#ũ ("#-ı 3(" "ũ 8ũ !#13($(! ".ũ "#ũ 5.3 !(¢-ėũ #+ũĉćŘũ"#ũ+ ũ.$#13 Ĕũ#-ũ"(-#1.ũ#-ũ #$#!3(5.ũ .ũ !'#04#ũ !#13($(! ".ũ ũ -., 1#ũ "#ũ + ũ 4-(!(/ +(" "ũ "#ũ , 3.Ĕũ 04#ũ 2#1;ũ / 13#ũ "#ũ / %.ũ #-ũ#+ũ! 2.ũ"#ũ2#1ũ ")4"(! ".ėũ8Ĕũ#-ũ 2. 1#ũ!#11 ".ēũ ēũ ũ
ũ ũ ũ ĈĒćĉĐũĵũĒĎĉćČ 44
ũ ũ ũ ũ
#-%.ũ ũ (#-ũ #-ũ /.-#1ũ #-ũ !.-.ı !(,(#-3.ũ "#+ũ /Ì +(!.ũ 04#ũ /.1ũ "#!1#3.ũ#7/#"(".ũ/.1ũ+ ũ ēũ #++8ũ 1#"#2ũ !'. Ĕũ 4#9ũ #%4-".ũ "#ũ +.ũ (5(+ũ 3#,/.1 +Ĕũ #-ũ #+ũ )4(!(.ũ #)#!43(5.ũ .ũ ĉććđıĈćďĎũ 2#ũ ' ũ .1"#- ".ũ #+ũ 1#, 3#ũ "#+ũ (-,4#ı +#ũ #, 1% ".Ĕũ #-ũ #23 ũ ! 42 Ĕũ + ũ 04#ũ 2#ũ ++#5 1;ũ ũ ! .ũ #-ũ #23 ũ #!1#3 1~ Ĕũ #+ũ "~ ũ +4-#2ũ 5#(-3#ũ 8ũ 4-.ũ "#ũ # 1#1.ũ "#+ũ .ũ ".2ũ ,(+ũ .-!#ũ"#2"#ũ+ 2ũ! 3.1!#ũ ũ+ 2ũ"(#9ũ 8ũ .!'.ũ '.1 2Ĕũ "#+ũ "~ ũ (-"(! ".ũ 8ũ 04#ũ2#ũ"#3 ++ ũ ũ!.-3(-4 !(¢-ē ĉēıũ ¡ +ũ (#-ũ (-,4# +#ũ 2#ũ #-!4#-31 ũ 4 (! ".ũ #-ũ #+ũ 2#!3.1ũ "#-.,(ı - ".ũ / 34%ũ +3.Ĕũ )41(2"(!!(¢-ũ "#ũ + ũ / 11.04( ũ -3 ũ .2 ũ "#+ũ ! -3¢-ũ , 3.Ĕũ /1.5(-!( ũ "#ũ 4-%41 '4 ē 8ũ4- ũ$.3. Ċēũ Ĕũ ũ ũ +ũ /1#"(.ũ 2#ũ #-!4#-31 ũ !(1!4-2ı !1(3.ũ "#-31.ũ "#ũ +.2ũ 2(%4(#-3#2ũ +(-"#1.2ũ8ũ,#"(" 2Ė ıũ .1ũ#+ũ .13#Ėũ .-ũ! ,(-.ũ5#!(ı - +Ĕũ#-ũĉđēĒćũ,#31.2ē ıũ .1ũ #+ũ 41Ėũ .-ũ /1./(#" "ũ "#ũ #2/(1(3 ũ 4%!' Ĕũ #-ũ ĉđēĊćũ ,#31.2ē ıũ .1ũ #+ũ 23#Ėũ .-ũ /1./(#" "ũ "#ũ 2/(1(3 ũ 4%!' Ĕũ#-ũĈĈēĉćũ,#31.2ē ıũ .1ũ#+ũ #23#Ėũ .-ũ! ,(-.ũ/Ì +(ı !.Ĕũ#-ũĈĈēČćũ,#31.2ē +ũ ;1# ũ "#+ũ 3#11#-.ũ !.,.ũ !4#1ı /.ũ !(#13.ũ #-31#ũ #23.2ũ +(-"#1.2ũ 8ũ ,#"(" 2ũ #2ũ "#ũ ĊĉĊēććũ ,#31.2ũ !4 "1 ".2ē Čēũ ũ ũ Ë ũ ũ +ũ 3#11#-.ũ 3(#-#ũ $.1, ũ (11#%4+ 1ũ 8ũ 3./.%1 $~ ũ /+ - Ĕũ 2#ũ #-!4#-ı 31 ũ ũ -(5#+ũ "#ũ + ũ 1 2 -3#ũ 5( +ũ #-ũ 1#+ !(¢-ũ ũ +ũ ! ,(-.ũ /Ì +(!.Ĕũ 2#ũ +.ũ !.-2("#1 ũ "#ũ 3(/.ũ #204(-#1.ũ !.-ũ ".2ũ $1#-3#2Ĕũ "#ũ +.2ũ 2#15(!(.2ũ ;2(!.2ũ2.+.ũ!4#-3 ũũ!.-ũ#-#1%~ ũ #+_!31(! ũ 8ũ %4 ũ !.-ũ 1#% "~.ũ ėũ !.,.ũ(-$1 #2314!341 ũ5( +ũ!4#-3 ũ !.-ũ 4-ũ ! ,(-.ũ /Ì +(!.ũ 8ũ .31.ũ 5#!(- +Ĕũ !.-ũ ! +9 " ũ #,/#"1 " ũ 8ũ "#ũ 3(#11 Ĕũ 2(-ũ !#1 2ũ -(ũ .1ı "(++.2ũ "#ũ '.1,(%¢-ũ 2(,/+#ėũ -.ũ /.2##ũ!#11 ,(#-3.ũ/#1(,#31 +ėũ +ũ (-3#1(.1ũ "#+ũ ,(2,.ũ 2#ũ #-!4#-31 ũ (,/+ -3 " ũ 4- ũ !.-2314!!(¢-ũ 1# +(9 " ũ/.1ũ#+ũ Ĕũ#+ũ3#11#ı -.ũ -.ũ 2#ũ #-!4#-31 ũ 31 ) ".ėũ !.-ũ + 2ũ ! 1 !3#1~23(! 2ũ "#2!1(3 2ũ +.ũ 5 +Ì.ũ#-ũĉēĎđČĔććũ ē Ďēıũ ¡ ũ ũ Ë ũ ũ
ũ ¡ -ũ #+ũ +(-"#1.ũ #23#ũ "#+ũ 3#11#ı -.Ĕũ )4-3.ũ +ũ ! ,(-.ũ /Ì +(!.ũ 2#ũ . 2#15 ũ 4- ũ 5(5(#-" ũ /./4+ 1ũ !.-2314~" ũ /.1ũ #+ũ Ĕũ "#+ũ /1.8#!3.ũ .!(.ũ ~2ėũ !.-2314!ı !(¢-ũ"#ũ ēũ ēũ#-ũ4- ũ/+ -3 Ĕũ3#1ı ,(- " ũ #-ũ !4 (#13 ũ "#ũ #3#1-(3Ĕũ /.8 " ũ 2. 1#ũ #2314!341 ũ "#ũ , "#1 Ĕũ !.-ũ , ,/.23#1~ ũ ũ "#ũ +.04#ũ#-+4!(".ũ8ũ/(-3 ".ėũ/(2.2ũ "#ũ3(#11 ėũ/4#13 ũ/1(-!(/ +ũ ,#3;ı +(! ũ!.-ũ5("1(.ũ! 3#"1 +ėũ5#-3 - 2ũ "#ũ '(#11.ũ !.-ũ 5("1(.2ũ !+ 1.2ėũ + 2ũ (-23 + !(.-#2ũ ("1.2 -(3 1( 2ũ -.ũ 2#ũ #-!4#-31 ũ !.-#!3 " 2ũ ũ 242ũ 1#2/#!3(5 2ũ !.,#3(" 2ėũ24ũ#23 ı ".ũ#2ũ1#%4+ 1Ĕũ!.-2314~" ũ /1.7(ı , " ,#-3#ũ' !#ũ,;2ũ"#ũ4-ũ .Ĕũ !.-ũ 4-ũ ;1# ũ "#ũ ĊďēĎďũ ,#31.2ũ !4 "1 ".2ũ"#ũ!.-2314!!(¢-ėũũ!.-ũ + 2ũ ! 1 !3#1~23(! 2ũ "#2!1(3 2ũ +.ũ 5 +Ì.ũ#-ũĊēďĎďĔććē ďēıũ ¡ Ĕũ Ë ũ ēũ ũ ē ēũ Ĉũ Ĕũ ĊēďĎďĔććė ĔũĉēĎđČĔććė ĔũďēĉČćĔććė ũ ũ ũ ũ ũ ¡ ũ ũććĵĈćć 13(!4+ 1ũ 04#ũ 2#ũ /.-#ũ #-ũ !.-.ı !(,(#-3.ũ "#+ũ /Ì +(!.Ĕũ ũ $(-ũ "#ũ + 2ũ/#12.- 2ũ(-3#1#2 " 2ũ/4#"#-ũ . 3#-#1ũ , 8.1#2ũ (-$.1,#2ũ #-ũ + ũ #!1#3 1~ ũ "#ũ #23 ũ 4"(! 341 Ĕũ 1#, 3#ũ 04#ũ 2#ũ ")4"(! 1;ũ +ũ ,#).1ũ /.23.1Ĕũ /.2341 2ũ 04#ũ "# #-ũ (1ũ !.,/ " 2ũ "#+ũ "(#9ũ /.1ũ !(#-3.ũ 04#ũ "#3#1,(- ũ + ũ +#8Ĕũ #-ũ"(-#1.ũ#$#!3(5.ũ.ũ!'#04#ũ -ı ! 1(.ũ !#13($(! ".ũ ũ ¢1"#-#2ũ "#ũ #23#ũ 49% ".ēũ #ũ !#/3 1;-ũ + 2ũ /.2341 2ũ "#2"#ũ + 2ũ ".2ũ 3#1!#ı 1 2ũ / 13#2ũ "#+ũ 5 +Ì.Ĕũ /.1ũ 31 ı 3 12#ũ "#+ũ /1(,#1ũ 2# + ,(#-3.ıũ , 3.Ĕũ#-#1.ũćĎũ"#+ũĉćĈĈē (1, ũ(+#%( +# +ũ #!1#3 1(. %ēũ #2 1ũ + #13.ũ 4# 2 8ũ4-ũ2#++. ĈĒćČĊũĵũĒĎĊĈĈ ŞŞ
ēũ ũũ #-31.ũ "#+ũ )4(!(.ũ ũ #)#!43(ı 5.ũ .ũ ĉćĈćıćĎĉĉũ /1./4#23.ũ /.1ũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ēũ ũ ũ ũ ũ ũ ^ ũ ũ ũ ēũ #ũ ' ũ "(2/4#23.ũ !(3 1ũ /.1ũ + ũ /1#-2 ũ /.1ũ "#2!.-.!#1ũ + ũ 1#2("#-!( ũ .ũ ".,(!(+(.ũ "#ũ +.2ũ "#, -" ".2ũ ũ ũ ^ ũ ũ 8ũ ũ ũ ũ ^ ēũ
ũ ũ ũ ũ ēũ ũ ũ ĖũĉćĈćıćĎĉĉ ũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ
ũ ũ ũ ^ ũ ũ ũ ũ } ũŌĈĉććũ ¡
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ )4#5#2ũ ĉĊũ 2#/3(#, 1#ũ ĉćĈćĔũ + 2ũ Ĉď ĊĐēũ (23.2Ėũ + ũ "#, -" ũ 04#ũ /1#!#"#ũ/.1ũ2#1ũ!+ 1 ũ8ũ!.,/+#3 ũ 2#ũ +.ũ ",(3#ũ +ũ 31;,(3#ũ #)#!4ı 3(5.ēũ -ũ 5(134"ũ "#ũ 04#ũ #+ũ !3.1ũ !.-ũ )41 ,#-3.ũ , -($(#23 ũ "#ũ 04#ũ +#ũ #2ũ (,/.2( +#ũ "#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(+(.ũ .ũ 1#2("#-!( ũ "#ũ +.2ũ "#, -" ".2ũ 2# .1#2Ėũ ũ ũ ^ ũ ũ ũ ũ ũ ũ ^ Ĕũ !~3#2#+#2ũ !.-ũ+ ũ"#, -" ũ#-ũ$.1, ũ#731 !ı 3 " ũ8ũ#23 ũ/1.5("#-!( ũ,#"( -ı 3#ũ 31#2ũ /4 +(! !(.-#2ũ #-ũ 4-.ũ "#ũ +.2ũ "( 1(.2ũ 04#ũ 2#ũ #"(3 ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.Ĕũ ũ $(-ũ "#ũ 04#ũ "#-31.ũ "#ũ +.2ũ ĉćũ "~ 2ũ ũ !.-ı 3 1ũ "#2"#ũ + ũ Ì+3(, ũ /4 +(! !(¢-ũ ,;2ũ +.2ũ 31#2ũ "~ 2ũ 04#ũ "#3#1,(ı - ũ + ũ +#8Ĕũ / %4#-ũ ũ .ũ /1./.-% -ũ #7!#/!(.-#2ēũ ¢,#2#ũ #-ũ !4#-3 ũ + ũ ! 2(++ ũ )4"(!( +ũ 2# + " ũ /.1ũ #+ũ !3.1ũ / 1 ũ 242ũ -.3($(! !(.-#2ũ /.23#1(.1#2Ĕũ ";-".2#ũ /.1ũ +#%(3(ı , " ũ 24ũ /#12.-#1~ ũ #-ũ 5(134"ũ "#+ũ ".!4,#-3.ũ ' (+(3 -3#ũ /1#ı 2#-3 ".ēũ %1_%4#2#ũ ũ +.2ũ 43.2ũ + ũ ".!4,#-3 !(¢-ũ ")4-3 ũ ũ + ũ "#, -" ēũ ~3#2#ũ8ũ-.3($~04#2#ē $Ĺũ 4%.ũ !'#!.ũ"#ēũ 2ũ!#13($(!.ēı ıũ ũ2#!1#3 1( ēũ !" ēũ (%( ũ - 2ũ ēıũ +.ũ 04#ũ /.-%.ũ #-ũ 24ũ !.-.!(ı ,(#-3.ũ/ 1 ũ+.2ũ$(-#2ũ+#% +#2ũ/#1ı 3(-#-3#2ũ ũ $(-ũ "#ũ 04#ũ 2#ũ 2# +#ũ ! 2(++ ũ/ 1 ũ242ũ-.3($(! !(.-#2ē , 3.ĔũĈČũ"#ũ.!34 1#ũ"#+ũĉćĈćē (1, ũ(+#%( +#
!" ēũ (%( ũ - 2ũ ē ũĥ 8ũ4-ũ2#++. ĈđĒĐđũĵũĒČĒĒĈ 44
ũ"#+ũ #-31.ũ"#+ũ)4(!(.ũ#)#!43(5.ũ-Ì,#1.ũ ĉćĈćıćĉđĉũ/1./4#23.ũ/.1ũ "(2.-ũ 5;-ũ 2/(-.2 ũ "(++ ũ #-ũ !.-31 ũ "#ũ 1!.ũ (-(!(.ũ + !(.2ũ ! Ĕũ 2#ũ' ũ"(2/4#23.ũ!(3 1ũ/.1ũ+ ũ/1#-ı 2 ũ /.1ũ "#2!.-.!#1ũ #+ũ ".,(!(+(.ũ 1#2("#-!( ũ"#+ũ"#, -" ".ũ 1!.ũ (-(!(.ũ + !(.2ũ ! ē
Ėũũũũũũũũũũũũũũũũũũũũũũũũũũũũ ũ ũ ũ ũ Ë ũ ũ ĖũũũũũũũũũũũĉćĈćı ćĉđĉēũũ ũ ũ
Ėũũ Ėũũ ũ Ėũũũũũũũũũũũũũũũũũũũũũũũũũũũũũũũũũũ ũ ũ ũ
Ėũũũũũũũũũũũũũũũũũũũũ ũ ũ ũ ũũũũũũũũũũũũũũũũũũũũũũũũũũũũũũũĉĎććũ
ũ ũ ũ ũ ũ ũ ēĴũ , 3.Ĕũ +4-#2ũ Ĉĉũ "#ũ 1(+ũ "#+ũ ĉćĈćĔũ + 2ũ ĈČ'Ċĉē Ėũ ũ "#, -" ũ 04#ũ /1#!#"#ũ/.1ũ2#1ũ!+ 1 ũ8ũ!.,/+#3 ũũ 2#ũ + ũ ",(3#ũ +ũ 31;,(3#ũ )#!43(5.ēũ .1ũ +.ũ 3 -3.ũ Ĕũ !~3#2#ũ +ũ "#, -ı " ".ũ # .1ũ ũ ũ ũ ũ Ĕũ !.-ũ + ũ "#, -" ũ8ũ#23 ũ/1.5("#-!( ũ#-ũ#+ũ +4% 1ũ04#ũ2#ũ(-"(! ũ#-ũ+ ũ"#, -" ũ Ĕũ ũ $(-ũ "#ũ 04#ũ / %4#ũ .ũ /1./.-% ũ #7!#/!(.-#2ũ "#-31.ũ "#ũ 31#2ũ "~ 2ũ +4#%.ũ "#ũ !(3 ".ũ +#% +,#-3#ēũ .1ũ ' #1ũ,#1(3.2ũ#-ũ 43.2ũ2#ũ.1"#- ũ #+ũ 2#!4#231.ũ "#ũ +.2ũ (#-#2ũ ,4#ı +#2ũ 8ũ "#,;2ũ 13~!4+.2ũ "#ũ /1.ı /(#" "ũ ũ "#+ũ "#, -" ".Ĕũ / 1 ũ +.ũ 04#ũ 2#ũ !.-3 1;ũ !.-ũ 4-.ũ "#ũ +.2ũ 2# .1#2ũ #/.2(3 1(.2ũ 4"(!( +#2ũ "#ũ #23#ũ ! -3¢-Ĕũ !.-)4-3 ,#-3#ũ !.-ũ 4-.ũ "#ũ +.2ũ ,(#, 1.2ũ "#ũ + ũ .+(!~ ũ 4"(!( +ũ3¢,#2#ũ#-ũ!4#-3 ũ + ũ! 2(++ ũ)4"(!( +ũũ2# + " ũ/.1ũ#+ũ !3.1ũ/ 1 ũ242ũ-.3($(! !(.-#2ũ/.2ı 3#1(.1#2ēũ %1_%4#2#ũ ũ+.2ũ 43.2
ũ ".!4,#-3 !(¢-ũ ")4-3 ũ ũ + ũ "#, -" ēũ ~3#2#ũ 8ũ -.3($~04#2#ũ $Ĺũ 1ēũũ 4%.ũ !'#!.ũ5ēũ 4#9
!" ēũ (%( ũ - 2ũũ ēũũ #!1#3 1(
ũ ũ ũ ũ ũũ ũ ēũ , 3.Ĕũ)4#ı 5#2ũćĉũ"#ũ"(!(#, 1#ũ"#ũĉćĈćũũ+ 2ũ Ĉć'ćđēũ 3#-"(#-".ũ +ũ#2!1(3.ũ04#ũ -3#!#"#ũ 8ũ #-ũ 5(134"ũ "#ũ 04#ũ + ũ !3.1 ũ !.-ũ )41 ,#-3.ũ , -($(#23 ũ "#ũ04#ũ+#ũ#2ũ(,/.2( +#ũ"#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(+(.ũ ũ .ũ 1#2("#-!( ũ "#+ũ"#, -" ".Ėũ ũ ũ ũ ũĔũ!~3#2#+#ũ!.-ũ + ũ "#, -" ũ Ĕũ /1.5("#-!( ũ (-(!( +ũ 8ũ #23 ũ /1.5("#-!( ũ ,#"( -3#ũ 31#2ũ /4 +(! !(.-#2ũ #-ũ 4-.ũ "#ũ +.2ũ "( ı 1(.2ũ04#ũ2#ũ#"(3 -ũũ#-ũũ#23 ũ!(4" "ũ "#ũ , 3.Ĕũ ũ $(-ũ "#ũ 04#ũ "#-31.ũ "#ũ ũ +.2ũ 5#(-3#ũ "~ 2ũ ũ !.-3 12#ũ "#2"#ũ + ũ 4+3(, ũ /4 +(! !(¢-ũ , 2ũ +.2ũ31#2ũ"~ 2ũ04#ũ"#3#1,(- ũ+ ũ+#8Ĕũ / %4#ũ .ũ /1./.-% ũ #7!#/!(.-#2ũ ēũ .3($~04#2#ēı $Ĺũ 1ēũ 4%.ũ !'#!.ũ5ēũ 4#9ũ !" ēũ
(%( ũ - 2ũũ ēũũ #!1#3 1( ēũ .ũ04#ũ !.,4-(!.ũ ũ "ēũ / 1 ũ +.2ũ $(-#2ũ "#ũ +#8Ĕũ/1#5(-(_-".+#ũ"#ũ+ ũ. +(% !(¢-ũ 04#ũ3(#-#ũ"#ũ2# + 1ũ! 2(++#1.ũ)4"(ı !( +ũ/ 1 ũ242ũ-.3($(! !(.-#2ē (1, ũ(+#%( +# ēũ 1(!(.ũ ¢/#9ũ # 8ũ4-ũ2#++. ĈđĒĒĉũĵũĒĎĈĒĒ 44
ũ"#+ũ ē ũ
ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ĎČćıĉćĈć ũ
ũ ēũ ũ ũ ũĸ #,/.1 +Ĺ ũ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ēıũ ũ , 3.Ĕũ , 13#2ũ ĈĊũ "#ũ )4+(.ũ "#+ũ ĉćĈćĔũ + 2ũ ćđ'Ċďēıũ Ėũ ũ "#, -" ũ #2ũ !+ 1 ũ 8ũ !.,/+#3 ũ 2#ũ +.ũ ",(3#ũ +ũ 31;,(3#ũ#-ũ)4(!(.ũ )#!43(5.ũ04#ũ2#ũ " ũ ũ+ ũ! 42 ēũ ~3#2#ũ ũ #--8ũ 49ũ '4)#ũ ũ 4 +(-% ũ 8ũ 1.(+;-ũ (3#1(ũũ 4 +(-% Ĕũ /.1ũ "#/1#! 3.1(.ũ 04#ũ 2#ũ +( 1 ũ +ũ 2# .1ũ 4#9ũ "#ũ +.ũ (5(+ũ "#+ũ 48.Ĕũ /1.5(-!( ũ "#ũ 23 9 Ĕũ ũ $(-ũ "#ũ 04#ũ / %4#-ũ .ũ /1./.-% -ũ #7!#/!(.-#2ũ "#-31.ũ "#+ũ 3_1,(-.ũ "#ũ 31#2ũ "~ 2ũ +4#%.ũ "#ũ !(3 ".2ũ
+#% +,#-3#ũ +.2ũ "#, -" ".2ēũ .1ũ ' #1ũ ,_1(3.ũ #-ũ 43.2ũ 2#ũ "(2/.ı -#ũ + ũ /1.'( (!(¢-ũ "#ũ #- )#- 1ũ "#+ũ (-,4# +#ũ !48 2ũ ! 1 !3#1~23(! 2ũ !.-23 -ũ "#+ũ !#13($(! ".ũ 04#ũ . 1 ũ "#+ũ /1.!#2.Ĕũ / 1 ũ +.ũ !4 +ũ -.3($~ı 04#2#ũ +ũ 2# .1ũ #%(231 ".1ũ "#ũ + ũ 1./(#" "ũ8ũ,#1! -3(+ũ"#+ũ! -3¢-ũ 23 9 Ĕũ /.1ũ #+ũ ,(2,.ũ "#/1#! ı 3.1(.ũ -3#2ũ (-"(! ".ēũ ¢,#2#ũ #-ũ !4#-3 ũ#+ũ! 2(++#1.ũ)4"(!( +ũ2# + ı ".ũ/.1ũ#+ũ!.,/ 1#!(#-3#ũ/ 1 ũ242ũ -.3($(! !(.-#2ũ 8ũ + ũ 43.1(9 !(¢-ũ 04#ũ " ũ +ũ /1.$#2(.- +ũ 04#ũ 242!1(ı #Ĕũ +#%(3(,;-".2#ũ + ũ /#12.-#1~ ũ "#ũ 4(2ũ 1+ -".ũ ./.2(3 ũ +(9 Ĕũ #-ũ 24ũ ! +(" "ũ "#ũ #1#-3#ũ "#ũ + ũ ../#1 3(5 ũ "#ũ '.11.ũ 8ũ 1_"(3.ũ , 9.- 2ũ 3" ēĔũ "#ũ !.-$.1,(" "ũ !.-ũ #+ũ -., 1 ,(#-3.ũ ")4-3.ēũ !+ 1 -".ũ ũ 04#ũ #+ũ ".!4,#-3.ũũ 04#ũ !.,/ ũ#-ũ+.ũ04#ũ2#ũ1#$(#ı 1#ũ +ũ !#13($(! ".ũ !.-$#1(".ũ /.1ũ #+ũ 2# .1ũ 1#%(231 ".1ũ "#ũ 1./(#" "ũ -.ũ #2ũ "#+ũ ! -3¢-ũ 4#1.ũ !.,.ũ #11¢-# ,#-3#ũ !.-23 ũ #-ũ #+ũ +( #ı +.ũ "#ũ + ũ "#, -" ēıũ .3($~04#2#ũ 8ũ !~3#2#ēũ Ĺũ +ũ 4#9ũ #13($(!.ēũ ũ #!1#3 1( ēıũ ũ ũ ũ ũ ũ ũ ēũ , 3.ũ, 13#2ũĈĒũ"#ũ.!34 1#ũ"#+ũ ĉćĈĔũ+ 2ũĈĈ'ćĉēıũ (_-".2#ũ" ".ũ !4,/+(,(#-3.ũ ũ +.ũ .1"#- ".ũ #-ũ /1.5("#-!( ũ 04#ũ -3#!#"#Ĕũ !~3#2#ũ !.-ũ #+ũ #731 !3.ũ "#ũ + ũ "#, -" Ĕũ 43.ũ "#ũ #-31 " ũ 8ũ #23 ũ /1.5("#-ı !( ũ ũ #--8ũ 49ũ '4)#ũ 4 +(-% ũ 8ũ 1.(+;-ũ (3#1(ũ 4 +(-% Ĕũ /.1ũ + ũ /1#-2 ũ -3#ũ #+ũ )41 ,#-3.ũ "#ũ + ũ / 13#ũ !3.1 ũ "#ũ "#2!.-.!#1ũ 242ũ 1#2("#-!( 2Ĕũ / 1 ũ 04#ũ "#2ı /4_2ũ "#ũ 5#(-3#ũ "~ 2ũ "#ũ + ũ Ì+3(, ũ /4 +(! !(¢-Ĕũ , 2ũ #+ũ 3_1,(-.ũ "#ũ 31#2ũ "~ 2ũ !4,/+ -ũ !.-ũ +.ũ .1"#ı - ".ēıē .3($~04#2#Ėũ 13(!4+ 1ũ 04#ũ 2#ũ /.-#ũ #-ũ !.-.!(,(#-3.ũ "#ũ +.2ũ "#, -" ".2ũ 8ũ "#+ũ /Ì +(!.ũ #-ũ %#-#1 +Ĕũ / 1 ũ +.2ũ $(-#2ũ "#ũ #8ũ !.-2(%4(#-3#2ēı (1, ũ(+#%( +# -( ũ 8.1% ũ 1!_2 8ũ4-ũ2#++. ĈĒćĉČĵũĒĎĉćć 44
ēũ"#+ũ ēũ #-31.ũ"#+ũ)4(!(.ũ )#!43(5.ũ (-#1.ũ .ēũ ĉćĈćıćĉĉďēũ 1./4#23.ũ /.1ũ ũ ēũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ
ũ ũ ēũ #-ũ!.-31 ũ"#ũ ũ ũ ũ Ĕũ ũ ũ ũ Ĕũ ũ ũ ũ Ĕũ ũ ũ ũ ũ Ĕũ ũ ũ ũ Ĕũ 2#ũ ' ũ "(2/4#23.ũ !(3 1ũ /.1ũ + ũ /1#-2 ũ /.1ũ "#2!.-.!#1ũ + ũ 1#2("#-!( ũ .ũ ".,(!(+(.ũ "#ũ + ũ "#, -" ũ ũ ũ ũ ē
Ėũ ũ ũ ũ ũ ũ ĖĉćĈćıćĉĉď ũ ũ ĖĴũ Ėũ ũ ũ Ėũ ēũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ
ũ ũ ũ ũ ũ ũ ġ
ũ ũ
ēĢ Ėũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ĖũĊēćććĔććũ
ũ ũ ũ ũ ũ ũ ēı , 3.Ĕũ +4-#2ũ ĉĉũ "#ũ 19.ũ "#+ũ ĉćĈćēı 2ũ ćđ'ĎČēı Ėũ ũ "#, -" ũ 04#ũ /1#!#"#ũ /.1ũ 2#1ũ !+ 1 ũ 8ũ !.,/+#3 ũ 2#ũ +.ũ ",(3#ũ +ũ 31;,(3#ũ )#!43(5.ēũ .1ũ +.ũ 3 -3.Ĕũ !(3#2#ũ ũ+.2ũ"#, -" ".2ũ2# .1#2ũ ũ ũ ũ Ĕũ ũ ũ ũ Ĕ ũ ũ ũ Ĕ ũ ũ ũ ũ Ĕũ ũ ũ ũ Ĕũ!.-ũũ + ũ "#, -" ũ 8ũ #23 ũ /1.5("#-!( ũ ,#"( -3#ũ !.,(2(¢-ũ +ũ 2# .1ũ #-(#-3#ũ .+~3(!.ũ"#ũ+ ũ/ 1.104( ũ -ũ (%4#+(3.ũ"#+ũ! -3¢-ũ (++ 1.Ĕũ ũ $(-ũ "#ũ 04#ũ / %4#-ũ .ũ /1./.-ı % -ũ #7!#/!(.-#2ũ "#-31.ũ "#ũ 31#2ũ "~ 2ũ +4#%.ũ "#ũ !(3 ".2ũ +#% +#,-ı 3#ēũ .1ũ ' #1ũ ,#1(3.2ũ #-ũ 43.2ũ 2#ũ .1"#- ũ #+ũ 2#!4#-31.ũ "#ũ +.2ũ (#-#2ũ ,4# +#2Ĕũ #+#!31.".,#2ı 3(!.2ũ8ũ"#,;2ũ#-2#1#2ũ"#ũ/1./(#ı " "ũ "#ũ +.2ũ "#, -" ".2ũ ũ 1( ũ 3(5(" "ũ '(! (9 ũ +(5 1#9Ĕũ 1( ũ 3(5(" "ũ '(! (9 ũ +(5 1#9Ĕũ 4%.ũ 1-#23.ũ #+ 2!.ũ .8 Ĕũ/ 1 ũ+.ũ04#ũ2#ũ!.,(2(.- ı 1;ũ +ũ2# .1ũ #-(#-3#ũ .+(3(!.ũ"#ũ+ ũ / 11.04( ũ -ũ (%4#+(3.ũ"#+ũ! -ı 3¢-ũ (++ 1.Ĕũ04(#-ũ!.-3 1;ũ!.-ũ+.2ũ $4-!(.- 1(.2ũ1#2/#!3(5.2ēũ ¢,#2#ũ #-ũũ!4#-3 ũ+ ũ! 2(++ ũ)4"(!( +ũ2# ı + " ũ /.1ũ #+ũ !3.1ũ / 1 ũ 242ũ -.3(ı $(! !(.-#2ũ /.23#1(.1#2Ĕũ ";-".2#ũ /.1ũ+#%(3(, " ũ24ũ/#12.-#1( ũũ#-ũ 5(134"ũ "#+ũ ".!4,#-3.ũ ' (+(3 -ı 3#ũ /1#2#-3 ".ēũ %1_%4#2#ũ ũ +.2ũ 43.2ũ + ũ ".!4,#-3 !(¢-ũ ")4-3 ũ ũ + ũ "#, -" ēũ ~3#2#ũ 8ũ -.3($(ı 04#2#ēũ $Ĺũ 1ēũ 4%.ũ !'#!.ũ ēı #13($(!.ēı ũ #!1#3 1( ı$Ĺũ !" ēũ
(%( ũ - 2ũ ē
ũ ũ ũ ũ ũ ũ ēı , 3.Ĕũ, 13#2ũĈČũ"#ũ"(!(#, 1#ũ "#+ũĉćĈćēı 2ũĈĎ'Ċďēı 3#-"(#-".ũ +ũ #2!1(3.ũ 04#ũ -3#!#"#ũ 8ũ #-ũ 5(134"ũ "#ũ 04#ũ + ũ !3.1 ũ !.-ũ )41 ,#-3.ũ , -($(#23 ũ "#ũ 04#ũ +#ũ #2ũ (,/.2( +#ũ "#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(+(.ũ .ũ 1#2("#-!( ũ "#ũ + ũ "#, -" "ũ ũ ũ ũ Ĕũ !~3#2#+#ũũ !.-ũ+ ũ"#, -" Ĕũ/1.5("#-!( ũ(-(ı !( +ũ8ũ#23 ũ/1.5("#-!( Ĕũ,#"( -3#ũ 31#2ũ/4 +(! !(.-#2ũ#-ũ4-.ũ"#ũ+.2ũ "( 1(.2ũ 04#ũ 2#ũ #"(3 -ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.Ĕũ ũ $(-ũ "#ũ 04#ũ "#-31.ũ "#ũ +.2ũ 5#(-3#ũ "~ 2ũ ũ !.-ı 3 12#ũ"#2"#ũ+ ũÌ+3(, ũ/Ì +(! !(¢-ũũ ,;2ũ +.2ũ 31#2ũ "( 2ũ 04#ũ "#3#1,(ı - ũ + ũ +#8Ĕũ / %4#-ũ .ũ /1./.-% -ũ #7!#/!(.-#2ēũ .3($(04#2#ũēı$Ĺũ 1ēũ 4%.ũũ !'#!.ũ ēũ #13($(!.ēı ũ #!1#3 1( ēı Ĺũ
!" ēũ (%( ũ - 2ũ ēũ .ũ04#ũ!(3.ũ ũ 423#"ũ / 1 ũ +.2ũ $(-#2ũ +#% +#2ũ /#1ı 3(-#-3#2ũ ũ $(-ũ "#ũ 04#ũ "#-31.ũ "#+ũ
3_1,(-.ũ "#ũ #8Ĕũ 2# +#ũ ! 2(++#1.ũ / 1 ũ242ũ-.3($(! !(.-#2ēũ , 3.Ĕũ ĉđũ "#ũ "(!(#, 1#ũ "#ũ ĉćĈćē (1, ũ(+#%( +#
ēũ ũ 8ũ4-ũ2#++. $ĵĒĎĉćĈĵĈĒćĉĎ 44
ēũ ũ ē Ėũ ũ ũ Ĕũ2#ũ +#ũ' !#ũ2 #1Ė #-31.ũ "#+ũ 4(!(.ũ )#!43(5.ũ /.1ũ !. 1.ũ "#ũ "(-#1.ũ .ũ ĉćĈćıćđĊĊĔũ 2#%4(".ũ /.1ũ ũ ũ Ĕũ#-ũ!.-31 ũ"#ũ ũ ũ Ĕũ2#ũ' ũ"(2/4#23.ũ !(3 1ũ/.1ũ+ ũ 1#-2 ũ"#ũ#23 ũ!(4" "ũ "#ũ , 3.Ĕũ "#ũ !.-$.1,(" "ũ !.-ũ +.ũ /1#!#/34 ".ũ #-ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ 8 ũ 04#ũ + ũ !3.1 ũ ' ũ , -($#23 ".ũ !.-ũ)41 ,#-3.ũ+ ũ(,/.2( (+(" "ũ"#ũ "#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(+(.ũ .ũ 1#2("#-!( ũ "#+ũ 1#$#1(".ũ "#, -" ı ".Ĕũ2#ũ+#ũ' !#ũ2 #1Ė
Ėũ ũ ũ ũ ũ ũ ũ ũ Ėũ Ėũ ũ ũ Ë ĖũĈđĊćĐĉćĈććđĊĊ
ũ ũ ũ Ėũ ēũ ũ ¡ ũ Ë ēũ ũ ũ Ėũ ũ ũ } ĖũŌũĉēćććĔćć
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ )4#5#2ũ ĉđũ "#ũ .!34 1#ũ "#+ũ ĉćĈćĔũ + 2ũ ĈĎ'ĉĉēũ Ėũ 4,/+(".ũ #+ũ 1#04#1(,(#-3.ũ "#+ũ 49% ".Ĕũ + ũ "#, -" ũ#)#!43(5 ũ/1./4#23 ũ/.1ũ ũ ũ Ĕũ /.1ũ 2#1ũ +#% +ũ 2#ũ + ũ !#/3 ũ ũ 31;,(ı 3#ēũ 1 ũ +.2ũ $(-#2ũ "#ũ +#8Ĕũ !~3#2#ũ /.1ũ + ũ /1#-2 ũ "#ũ #23 ũ !(4" "ũ +ũ "#, -" ".ũ ũ ũ
Ĕũ ũ "#ũ !.-$.1,(" "ũ ũ +.ũ "(2ı /4#23.ũ #-ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ 8 ũ 04#ũ + ũ !3.1 ũ ).ũ )41 ,#-3.ũ ' ũ , -(ı $#23 ".ũ "#2!.-.!#1ũ #+ũ !34 +ũ ".,(!(+(.ũ .ũ 1#2("#-!( ũ "#+ũ 1#$#ı 1(".ũ "#, -" ".ēũ %1_%4#-2#ũ + ũ ".!4,#-3 !(¢-ũ -#7 ēũ _-% 2#ũ #-ũ !4#-3 ũ + ũ ! 2(++ ũ )4"(!( +ũ .ũ ĊĉČēũ .ũ 04#ũ "(2/.-%.ũ #-ũ ! +(" "ũ "#ũ)4#9ũ #,/.1 +ēũ .3($~04#2#ēıũ$Ĺũ 1ēũ 423 5.ũ ¢/#9ũ Ì #9Ĕũ 4#9ũ #,/.1 +ũ"#+ũ 49% ".ũ _/3(,.ũ"#ũ +.ũ (5(+ũ "#ũ , 3.ēũ #13($(!.ēıũ +ũ #!1#3 1(.ē
.ũ04#ũ!(3.ũ +ũ"#, -" ".ũ/ 1 ũ+.2ũ $(-#2ũ+#% +#2ũ/#13(-#-3#2ėũ ũ$(-ũ"#ũ 04#ũ5#(-3#ũ"~ 2ũ"#2/4_2ũ"#ũ+ ũÌ+3(ı , ũ /4 +(! !(¢-ũ 2# +#ũ ! 2(++#1.ũ )4"(!( +ũ#-ũ#23 ũ!(4" "ũ"#ũ , 3.ũ / 1 ũ242ũ-.3($(! !(.-#2ēũ #13($(!.ēũ +ũ #!1#3 1(.ē (1, ũ(+#%( +# 1ēũ 4%.ũ -3.2ũ ';5#9 #!1#3 1(. , 3.Ĕũ (!(#, 1#ũ ĉĐũ "#+ũ .ũ ĉćĈćē 8ũ".2ũ2#++.2 ĈĒćČĉũĵũĒĎĊĈć ŞŞ
¡ ũ
ũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũũ
ũ ũ : ũ } ũ ũ ũ #-ũ #+ũ .$(!(.ũ -Ì,#1.ũ ćđĎČıĉćĈćĔũ /.1ũ ' #1ũ 2(".ũ (,/.2( +#ũ "#3#1,(- 1ũ 242ũ !34 +#2ũ ".,(!(+(.2Ĕũ 1#2("#-!( 2ũ .ũ (-"(5("4 +(" "#2Ĕũ 2#ũ +#2ũ ' !#ũ 2 #1ũ+.ũ04#ũ2(%4#Ė ũ ũ Ėũ
Ėũ ¡ Ėũ ũ ũ ũ ũ ũ ũ Ë ũ ũ ũ ũ Ë ũ ũ Ĕũ } ũ ũ ũ ũ ũ } ũ : ũ ũ ũ Ėũ ũ Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ
ũ ũ : ũ } ũ ũ } Ėũ ũ ũ ũ ũ ũ ũ ¡ ũ
Ėũ ēũ ũ
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ ,(_1!.+#2ũ Ĉćũ -.5(#, 1#ũ ĉćĈćĔũ + 2ũĈČ Ďđēũ (23.2Ėũ 5.!.ũ!.-.!(ı ,(#-3.ũ "#ũ + ũ /1#2#-3#ũ ! 42 Ĕũ #-ũ 5(134"ũ "#ũ ' #1ũ !.11#2/.-"(".ũ + ũ ,(2, ũ #-ũ 2.13#.ũ ũ #23 ũ )4"(ı ! 341 ēııũ -ũ /+#-.ũ /1(-!(/ +Ĕũ + ũ "#, -" ũ 04#ũ -3#!#"#ũ #2ũ !+ 1 ũ /1#!(2 ũ8ũ1#Ì-#ũ+.2ũ1#04(2(3.2ũ"#ũ +#8Ĕũ /.1ũ +.ũ 04#ũ 2#ũ + ũ ",(3#ũ +ũ 31;,(3#ũ#2/#!( +ũ"#ũ)4(!(.ũ"#ũ/ 1ı 3(!(¢-ēııũ #ũ!.-!#"#Ĕũ ũ+ 2ũ/ 13#2ũ #-ũ 3_1,(-.ũ "#ũ ĈĎũ "~ 2ũ / 1 ũ 04#ũ 2#ũ /1#2#-3#-ũ 3." 2ũ + 2ũ !4#23(.ı -#2ũ !48 ũ 1#2.+4!(¢-ũ /1#5( ũ $4#ũ -#!#2 1( ũ / 1 ũ ++#5 1ũ ũ ! .ũ + ũ / 13(!(¢-Ĕũ8ũ/.1ũ!4 -3.ũ+.2ũ !3.ı 1#2ũ "#!+ 1 -ũ !.-ũ )41 ,#-3.ũ 04#ũ +#2ũ' ũ2(".ũ(,/.2( +#ũ"#3#1,(- 1ũ #+ũ !34 +ũ ".,(!(+(.Ĕũ 1#2("#-!( ũ .ũ (-"(5("4 +(" "ũ "#ũ +.2ũ "#, -" ı ".2ũ '#1#"#1.2ũ !.-.!(".2Ĕũ /1#ı 24-3.2ũ8ũ"#2!.-.!(".2ũ"#ũ+ ũ! 4ı 2 -3#ũ ũũ
ũ ũ: ũ } ũ ũ Ĕũ "#ũ !.-$.1,(" "ũ!.-ũ+.ũ04#ũ"(2/.-#ũ #+ũ 13~!4+.ũ đĉũ "#ũ + ũ !."($(! !(¢-ũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+Ĕũ !~3#2#+#2ũ !.-ũ + ũ "#, -" ũ #-ũ $.1, ũ #731 !3 " ũ 8ũ + ũ /1#ı 2#-3#ũ/1.5("#-!( Ĕũ,#"( -3#ũ31#2ũ /4 +(! !(.-#2ũ"#ũ4-.ũ"#ũ+.2ũ"( ı 1(.2ũ "#ũ #23 ũ !(4" "ēııũ 2!1~ 2#ũ + ũ "#, -" ũ #-ũ #+ũ 1#%(231.ũ "#ũ + ũ /1./(#" "ũ "#+ũ ! -3¢-ũ , 3.ũ 8ũ / 1 ũ +.ũ 04#ũ 2#ũ -.3($(! 1;ũ ũ 24ũ 3(34+ 1ēũ 4_-3#2#ũ #-ũ + ũ /1#2#-3#ũ ! 42 ũ!.-ũ+.2ũ2# .1#2ũ ũ ũ ũ } ũ ũ ũ ũ ũ ¡ ũ Ĕũ ũ04(#-#2ũ2#ũ +#2ũ-.3($(! 1;ũ#-ũ#+ũ+4% 1ũ!.-.!(ı ".ũ/.1ũ#+ũ !34 1(.Ĕũ/ 1 ũ#+ũ#$#!3.Ĕũ !4_-3#2#ũ!.-ũ+ ũ.$(!(- ũ"#ũ2(34 ı !(.-#2ēũ %1_%4#2#ũ +ũ/1.!#2.ũ+.2ũ (-2314,#-3.2ũ04#ũ2#ũ !.,/ -ēũ 4_-3#2#ũ!.-ũ+ ũ2# .1 ũ ũ ũ ũ Ĕũ !.,.ũ 1.!41 ".1 ũ!.,Ì-ũ"#ũ+.2ũ !3.1#2ũ ũ ũ ũ
Ĕũ ũ ũ ũ ũ ũ ũ ũ ũ Ĕũ + ũ !4 -3~ ũ "#ũ + ũ !!(¢-ũ 8ũ #+ũ ! 2(++#ı 1.ũ )4"(!( +ũ 2# + ".ũ / 1 ũ #$#!3.ũ "#ũ ũ 242ũ -.3($(! !(.-#2ēũ ~3#2#ũ 8ũ .3($~04#2#ē 1ēũ (+3.-ũ ( -+., .
4#9 #13($(!.Ė 1ēũ 1!.ũ + 9 1 #!1#3 1(.
ũ ũ ũ ũ ũ ũ ēũ , 3.Ĕũ ,(_1!.+#2ũĈĎũ"(!(#, 1#ũĉćĈćĔũ+ 2ũ Ĉď ćĎēũ +ũ #2!1(3.ũ 04#ũ /1#!#"#Ĕũ %1_%4#2#ũ +ũ/1.!#2.ēũ .1ũ!4 -3.ũ /.1ũ 4-ũ #11.1ũ (-5.+4-3 1(.ũ #-ũ + ũ /1.5("#-!( ũ (-(!( +Ĕũ 2#ũ ' ũ /4#2ı 3.ũ #+ũ -., 1#ũ "#ũ + ũ "#, -" " ũ !.,.ũ ġ ũ ũ Ë ũ ĢĔũ!4 -".ũ+.ũ!.11#!3.ũ#2ũ ġ ũ ũ Ë ũ ũ ĢĔũ 2#ũ "#) ũ 1#!3($(! ".ũ "(!'.ũ #11.1ēũ -ũ +.ũ "#,;2Ĕũ #23#2#ũ ũ+.ũ"(2/4#23.ũ#-ũ+ ũ +4"(" ũ/1.ı 5("#-!( ēũ .3($~04#2#ē 1ēũ (+3.-ũ ( -+., .
4#9 #13($(!.Ė 1ēũ 1!.ũ + 9 1 #!1#3 1(.
.ũ04#ũ2#ũ/.-#ũ#-ũ!.-.!(,(#-3.ũ "#ũ+.2ũ"#, -" ".2ũ/ 1 ũ+.2ũ$(-#2ũ +#% +#2ũ!.-2(%4(#-3#2ē (3, ũ(+#%( +# 1ēũ 1!.ũ + 9 1 #!1#3 1(. 8ũ4-ũ2#++. ĒĎĊćĊũĵũĈĒćĈď ŞŞ
ũ ũ ũ ũ ũ ũ ¡ ũ ũ ũ : ũ ũ ũ ũ Ĕũ
ũ ũ ũ ũ ũ ũ8ũ ũ ũ ũ + ũ ũ ũ ũ ēũ ũ + ũ "#, -" " ũ 2# .1 ũ
ũ ũ ũ ũ #-ũ #+ũ /1.!#2.ũ 1 (31 +ũ .ēũ ćĈĈı ĉćĈćũ 04#ũ 2(%4#ũ #-ũ 24ũ !.-31 ũ -!.ũ 1.,#1(! ũ ē ēũ #-ũ #+ũ 04#ũ 2#ũ+#ũ' !#ũ2 #1ēũ Ėũ
ũ ũ
ũ ũ Ėũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ^ ũ ġ ũ ũ ũ
ũ Ģũ Ėũ ũ ĖũďĔćććũ ũ ũ ũ ũ ũ ¡ ũ ũ ũ ũ ũ ũ ũ Ĕũ
ũ ũ ũ ũ ũ ũ 8ũ ũ ũ ũ + ũ ũ ũ ũ ēıũ , 3.Ĕũ 5#(-3#ũ 8ũ 31#2ũ "#ũ "(!(#, 1#ũ "#+ũ ".2ũ ,(+ũ "(#9ũ ũ + 2ũ .!'.ũ '.1 2ũ !.-ũ 31#(-ı 3 ũ 8ũ .!'.ũ ,(-43.2ēũ ēı #ũ + ũ 1 9¢-ũ2#-3 " ũ/.1ũ+ ũ #!1#3 1( ũıũ (3 ".1 ũ"#+ũ #-31.ũ"#ũ 1 (31 )#ũ 8ũ #"( !(¢-ũ "#ũ + ũ ;, 1 ũ "#ũ .,#1!(.ũ"#ũ , 3.Ĕũ+ ũ ;, 1 ũ "#ũ -"4231( 2ũ"#ũ 4-%41 '4 ũ8ũ+ ũ .-3($(!( ũ -(5#12(" "ũ 3¢+(! ũ "#+ũ !4 ".1ũ #"#ũ , 3.Ĕũ 2#ũ "#2/1#-"#ũ 04#ũ + ũ "#, -" ı " ũ 2# .1 ũ #++ ũ (1#8 ũ 11~-ũ 2(%!' - ũ-.ũ1#2("#ũ#-ũ#+ũ+4% 1ũ 2# + ".ũ /.1ũ #+ũ !3.1ũ -!.ũ 1.,#1(! ũ ē ēũ#-ũ#+ũ+( #+.ũ(-(!( +ēũ ēı ũ !3.1ũ ).ũ)41 ,#-3.ũ' ũ "#!+ 1 ".ũ "#2!.-.!#1ũ #+ũ !34 +ũ ".,(!(+(.ũ 8ũ + ũ (,/.2( (+(" "ũ "#ũ "#3#1,(- 1+.ēũ ēıũ .-ũ +.2ũ -3#!#"#-3#2ũ #7/4#23.2ũ !~3#2#ũ ũ + ũ 2# .1 ũ #++ ũ (1#8 ũ 11~-ũ 2(%!' - Ĕũ /.1ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ /#1(¢"(!.2ũ "#ũ ,/+( ũ !(1!4+ !(¢-ũ "#ũ #23 ũ !(4" "ũ "#ũ , 3.Ĕũ !.-$.1,#ũ +.ũ "#3#1,(- ũ #+ũ (-!(2.ũ 3#1!#1.ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ėũ #-ũ !.-!.1" -!( ũ !.-ũ #+ũ (-!(2.ũ 2#%4-".ũ "#+ũ 13ēũ ĈĈũ "#ũ + ũ #8ũ "#ũ 1 (31 )#ũ 8ũ #"( !(¢-ũ ũ $(-ũ "#ũ 04#ũ+ ũ"#, -" " ũ#-ũ#+ũ3_1,(-.ũ "#ũ Ĉćũ "~ 2ũ "#2/4_2ũ "#ũ + ũ Ì+3(, ũ /4 +(! !(¢-ũ!.-3#23#ũ ũ+ ũ"#, -ı " ēũ .3($~04#2#ēıũ$Ĺũ 1 ēũ 1( #+ũ .1 +#2ũ ¢,#9ēũ 3#-3 ,#-3#Ĕũ (1, ũ(+#%( +# 1 ēũ 1( #+ũ .1 +#2ũ ¢,#9 ũ ũ ũ -"(!;-".+#ũ"#ũ+ ũ. +(% !(¢-ũ04#ũ 3(#-#ũ 04#ũ $() 1ũ ! 2(++#1.ũ )4"(!( +ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.ũ / 1 ũ 242ũ-.3($(! !(.-#2ēũ .ũ04#ũ!.,4ı -(!.ũ / 1 ũ +.2ũ $(-#2ũ +#% +#2ũ /#1ı 3(-#-3#2ēũ ĈĒćĊĐũĵũĒĎĉđĈ
(5#1 ũ -.ũ 1#2("#ũ #-ũ #+ũ +4% 1ũ 2# + ".ũ /.1ũ #+ũ !3.1ũ -!.ũ 1.,#1(! ũ ē ēũ#-ũ#+ũ+( #+.ũ(-(!( +ēũ ēı ũ !3.1ũ ).ũ)41 ,#-3.Ĕũ' ũ "#!+ 1 ".ũ "#2!.-.!#1ũ #+ũ !34 +ũ ".,(!(+(.ũ 8ũ + ũ (,/.2( (+(" "ũ "#ũ "#3#1,(- 1+.ēũ ēıũ .-ũ +.2ũ -3#!#"#-3#2ũ #7/4#23.2ũ !~3#2#ũ +ũ 2# .1ũ #-(-ũ 1!#+.ũ (++ !(2ũ (5#1 Ĕũ /.1ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ /#1(¢"(!.2ũ "#ũ ,/+( ũ !(1!4+ !(¢-ũ "#ũ #23 ũ !(4" "ũ "#ũ , 3.Ĕũ !.-$.1,#ũ +.ũ "#3#1,(- ũ #+ũ (-!(2.ũ 3#1!#1.ũ #+ũ 13ēũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ėũ #-ũ !.-!.1" -!( ũ !.-ũ #+ũ (-!(2.ũ 2#%4-".ũ "#+ũ 13ēũ ĈĈũ "#ũ + ũ #8ũ "#ũ 1 (31 )#ũ 8ũ #"( !(¢-ũ ũ $(-ũ "#ũ 04#ũ#+ũ"#, -" ".ũ#-ũ#+ũ3_1,(-.ũ "#ũ Ĉćũ "~ 2ũ "#2/4_2ũ "#ũ + ũ Ì+3(, ũ /4 +(! !(¢-ũ!.-3#23#ũ ũ+ ũ"#, -ı " ēũ .3($~04#2#ēıũ$Ĺũ 1 ēũ 1( #+ũ .1 +#2ũ ¡,#9ēũ 3#-3 ,#-3#Ĕũ (1, ũ(+#%( +# 1 ēũ 1( #+ũ .1 +#2ũ ¢,#9 ũ ũ ũ -"(!;-".+#ũ"#ũ+ ũ. +(% !(¢-ũ04#ũ 3(#-#ũ 04#ũ $() 1ũ ! 2(++#1.ũ )4"(!( +ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.ũ / 1 ũ 242ũ-.3($(! !(.-#2ēũ .ũ04#ũ!.,4ı -(!.ũ / 1 ũ +.2ũ $(-#2ũ +#% +#2ũ /#1ı 3(-#-3#2ē ĈĒćĊđũĵũĒĎĉđĉ 44
ũ ũ ũ ũ ũ ũ ¡ ũ ũ ũ : ũ ũ ũ ũ Ĕũ
ũ ũ ũ ũ ũ ũ8ũ ũ ũ ũ + ũ ũ ũ ũ ēũĥũ +ũ "#, -" ".ũ 2# .1ũ ũ ũ ũ ũ #-ũ #+ũ /1.!#2.ũ 1 (31 +ũ .ēũ ćĈďıũ ĉćĈćũ 04#ũ 2(%4#ũ #-ũ 24ũ !.-31 ũ -!.ũ 1.,#1(! ũ ē ēũ #-ũ #+ũ 04#ũ 2#ũ +#ũ ' !#ũ2 #1ēũ Ėũ ũ ũ ũ ũ Ėũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ^ ũ ġ ũ ũ ũ
ũ Ģũ Ėũ ũ } ĖũĈũĔĎććũ ũ ũ ũ ũ ũ ¡ ũ ũ ũ ũ ũ ũ ũ Ĕũ
ũ ũ ũ ũ ũ ũ 8ũ ũ ũ ũ + ũ ũ ũ ũ ēıũ , 3.Ĕũ5#(-3#ũ8ũ31#2ũ "#ũ "(!(#, 1#ũ "#+ũ ".2ũ ,(+ũ "(#9ũ ũ + 2ũ -4#5#ũ '.1 2ũ !.-ũ 2(#3#ũ ,(-4ı 3.2ēũ ēı #ũ + ũ 1 9¢-ũ 2#-3 " ũ /.1ũ + ũ #!1#3 1( ũ ıũ (3 ".1 ũ "#+ũ #-31.ũ"#ũ 1 (31 )#ũ8ũ #"( !(¢-ũ "#ũ + ũ ;, 1 ũ "#ũ .,#1!(.ũ "#ũ , 3.Ĕũ+ ũ ;, 1 ũ"#ũ -"4231( 2ũ "#ũ 4-%41 '4 ũ 8ũ + ũ .-3($(!( ũ -(5#12(" "ũ 3¢+(! ũ"#+ũ !4 ".1ũ #"#ũ , 3.Ĕũ2#ũ"#2/1#-"#ũ04#ũ #+ũ "#, -" ".ũ 2# .1ũ -"1_2ũ #+(/#ũ 1( 2ũ 1~-ũ -.ũ 1#2("#ũ #-ũ #+ũ +4% 1ũ 2# + ".ũ /.1ũ #+ũ !3.1ũ -!.ũ 1.,#1(! ũ ē ēũ#-ũ#+ũ+( #+.ũ (-(!( +ēũ ēı ũ !3.1ũ ).ũ )41 ı ,#-3.ũ ' ũ "#!+ 1 ".ũ "#2!.-.!#1ũ #+ũ !34 +ũ ".,(!(+(.ũ 8ũ + ũ (,/.2(ı (+(" "ũ "#ũ "#3#1,(- 1+.ēũ ēıũ .-ũ+.2ũ -3#!#"#-3#2ũ#7/4#23.2ũ !~3#2#ũ +ũ 2# .1ũ -"1_2ũ #+(/#ũ 1( 2ũ 1(-Ĕũ /.1ũ + ũ /1#-2 ũ #-ũ 4-.ũ "#ũ +.2ũ /#1(¢"(!.2ũ "#ũ ,/+( ũ !(1!4+ !(¢-ũ "#ũ #23 ũ !(4" "ũ "#ũ , 3.Ĕũ !.-$.1,#ũ +.ũ "#3#1,(- ũ #+ũ (-!(2.ũ 3#1!#1.ũ #+ũ 1 ũ đĉũ "#+ũ ¢"(%.ũ "#ũ 1.!#"(,(#-3.ũ (5(+ėũ #-ũ !.-!.1" -!( ũ !.-ũ #+ũ (-!(2.ũ 2#%4-".ũ "#+ũ 1 ũ ĈĈũ "#ũ + ũ #8ũ "#ũ 1 (31 )#ũ 8ũ #"( !(¢-ũ ũ $(-ũ "#ũ 04#ũ#+ũ"#, -" ".ũ#-ũ#+ũ3_1,(-.ũ "#ũ Ĉćũ "~ 2ũ "#2/4_2ũ "#ũ + ũ Ì+3(, ũ /4 +(! !(¢-ũ!.-3#23#ũ ũ+ ũ"#, -ı " ēũ .3($~04#2#ēıũ$Ĺũ 1 ēũ 1( #+ũ .1 +#2ũ ¡,#9ēũ 3#-3 ,#-3#Ĕũ (1, ũ(+#%( +# 1 ēũ 1( #+ũ .1 +#2ũ ¢,#9 ũ ũ ũ -"(!;-".+#ũ"#ũ+ ũ. +(% !(¢-ũ04#ũ 3(#-#ũ 04#ũ $() 1ũ ! 2(++#1.ũ )4"(!( +ũ #-ũ #23 ũ !(4" "ũ "#ũ , 3.ũ / 1 ũ 242ũ-.3($(! !(.-#2ēũ .ũ04#ũ!.,4ı -(!.ũ / 1 ũ +.2ũ $(-#2ũ +#% +#2ũ /#1ı 3(-#-3#2ēũ ĈĒćĊĒũĵũĒĎĉđĊ ŞŞ
44
ũ ũ ũ ũ ũ ũ ¡ ũ ũ ũ : ũ ũ ũ ũ Ĕũ
ũ ũ ũ ũ ũ ũ8ũ ũ ũ ũ + ũ ũ ũ ũ ēũ +ũ "#, -" ".ũ 2# .1ũ ũ ũ
ũ ũ #-ũ #+ũ/1.!#2.ũ 1 (31 +ũ .ēũćĈđıĉćĈćũ 04#ũ 2(%4#ũ #-ũ 24ũ !.-31 ũ -!.ũ 1.,#1(! ũ ē ēũ #-ũ #+ũ 04#ũ 2#ũ +#ũ ' !#ũ2 #1ēũ Ėũ ũ ũ
ũ ũ Ėũ ũ ũ ũ ũ ũ ũ ũ ũ ũ ^ ũ ġ ũ ũ ũ
ũ Ģũ Ėũ ũ ~ ĖũĈČĔĎććũ ũ ũ ũ ũ ũ ¡ ũ ũ ũ ũ ũ ũ ũ Ĕũ
ũ ũ ũ ũ ũ ũ 8ũ ũ ũ ũ + ũ ũ ũ ũ ēıũ , 3.Ĕũ5#(-3#ũ8ũ31#2ũ "#ũ "(!(#, 1#ũ "#+ũ ".2ũ ,(+ũ "(#9ũ ũ + 2ũ -4#5#ũ '.1 2ũ !.-ũ 31#(-3 ũ 8ũ !(-!.ũ ,(-43.2ēĦũ ēı #ũ + ũ 1 9¢-ũ2#-3 " ũ/.1ũ+ ũ #!1#3 1( ũıũ (3 ".1 ũ"#+ũ #-31.ũ"#ũ 1 (31 )#ũ 8ũ #"( !(¢-ũ "#ũ + ũ ;, 1 ũ "#ũ .,#1!(.ũ"#ũ , 3.Ĕũ+ ũ ;, 1 ũ "#ũ -"4231( 2ũ"#ũ 4-%41 '4 ũ8ũ+ ũ .-3($(!( ũ -(5#12(" "ũ 3¢+(! ũ "#+ũ !4 ".1ũ #"#ũ , 3.Ĕũ 2#ũ "#2/1#-"#ũ 04#ũ #+ũ "#, -" ".ũ 2# .1ũ #-(-ũ 1!#+.ũ (++ !(2ũ
ũ ũ
ũ ũ ũ #ũ 5 ũ ũ /1.!#"#1ũ ũ -4+ 1ũ + ũ 4#-3 ũ"#ũ '.11.2ũ .ũĈććđďĈĐĈĐĈũ /#13#-#!(#-3#ũ ũ ũ ũ ėũ /.1ũ ' #12#ũ #731 5( ". , 3.Ĕũ ũ ĉđũ "#ũ "(!(#, 1#ũ "#ũ ĉćĈć ŇĒĎĉČČ 44
ũ ũ
ũ ũ ũ #ũ 5 ũ ũ /1.!#"#1ũ ũ -4ı + 1ũ + ũ 4#-3 ũ "#ũ '.11.2ũ .ũ ĈćĊđđČđĎĒĐũ /#13#-#!(#-3#ũ ũ ũ ũ ėũ /.1ũ ' #12#ũ#731 5( ". , 3.Ĕũ ũ ĉĊũ "#ũ "(!(#, 1#ũ "#ũ ĉćĈć ŇĒĎĉČČ 44
ŏ Ĉŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
āĈ
ŇĒĎĉĎĊ 44
ũ ũ ũ ũ
ũ ../#1 3(5 ũ (- -!(#1 ũ "#ũ '.11.ũ 8ũ 1_"(3.ũ -ũ 1 -!(2!.ũ
3" Ĕũ!.,4-(! ũ +ũ/Ì +(!.ũ(-3#1#2 ı ".ũ04#ũ2#ũ' ũ/#1"(".ũ#+ũ!#13($(! ".ũ "#ũ"#/¢2(3.ũ ũ/+ 9.ũ ũ+ ũ.1"#-ũ"#ũ ũ ũ ũ Ĕũ /.13 ".1ũ "#ũ + ũ !_"4+ ũ "#ũ !(4" ı " -~ ũĈđććČđđĒđ+ēũ 1 !3#1(9 ".ũ !.-ũ #+ũ .ũ ĈĉćđĊĈĔũ #,(3(".ũ /.1ũ + ũ ../#1 3(5 ũ (- -!(#1 ũ "#ũ '.11.ũ 8ũ 1_"(3.ũ -ũ 1 -!(2!.ũ
3" Ĕũ $(!(- ũ #+(+#.Ĕũ#,(3(" ũ#+ũĐĵ ĵĉćũĈũ Ĕũ!.-ũ5#-!(,(#-3.ũ +ũđĵ ĵĉćĈĈĔũ/.1ũ+ ũ! -3(" "ũ#ũ ũ ũ ũ ũ ũ ũ ũ ũ ^ ēũũ - ũ5#9ũ31 -2!411(".2ũ31#(-3 ũ"~ 2ũ !.-3 ".2ũ"#2"#ũ#23 ũ/4 +(! !(¢-Ĕũ "#ũ ' #1ũ 04(#-ũ 2#ũ ./.-% Ĕũ + ũ ../#1 3(5 ũ /1.!#"#1;ũ ũ -4+ 1ũ #+ũ3~34+.ũ8ũ#,(3(1ũ#+ũ"4/+(! ".ũ1#2ı /#!3(5.ē , 3.Ĕũ#-#1.ũČũ"#+ũĉćĈĈ (1, ũ(+#%( +# $Ĺũ 1#""8ũ 41(3 ũ ēũ ũ ũ ē ē ŇĒĎĉĒĈ 44
ũ ũ ũ ũ #ũ !.,4-(! ũ +ũ /Ì +(!.Ĕũ + ũ 23#-!(¢-ũ +ũ %.ũ /.1ũ /#1"(" ũ "#+ũ !'#04#ũ .ēũ ĈČĎũ 2(-ũ $(1, ũ 8ũ 2(-ũ 5 +.1Ĕũ /1#2#-3 " ũ /.1ũ #+ũ %(1 ".1ũ ũ ũ ũ Ĕũ 3 ēũ 3#ē .ēũ ĈĉćĎćĈćĈĒĎē ũ ēũ ŇĒĎĊćĈ 44
ũ ũ ũ ũ #ũ !.,4-(! ũ +ũ /Ì +(!.Ĕũ + ũ 23#-!(¢-ũ +ũ %.ũ /.1ũ /#1"(" ũ "#+ũ !'#04#ũ .ēũ ĈđĐĔĈĒČũ +ũ ĉćĊĔũ ĉćĒĔũ ĉĈĊĔũ ĉĉćĔũ ĉĉĎũ +ũ ĉĉďĔũ ĉĉĒĔũ ĉĊĉũ +ũĉĊĊĔũĉĊĐũ +ũĉĊĒĔũĉČČĔũĉČĒũ +ũ ĉĎćĔũĉĎĉĔũ2(-ũ$(1, ũ8ũ2(-ũ5 +.1Ĕũ/1#ı 2#-3 " ũ/.1ũ#+ũ%(1 ".1ũ ũ ũ ũ Ĕũ 3 ēũ 3#ē .ēũĈĉĈĎććĉĎćČē ũ ēũ ŇĒĎĊćć 44
ũ ũ ũ ũ #ũ !.,4-(! ũ +ũ /Ì +(!.Ĕũ 2#ũ /1.ı !#"#1;ũ !.-ũ + ũ -4+ !(¢-ũ "#+ũ !'#04#ũ ŗũ ĉĒćũ "#ũ + ũ !4#-3 ũ ŗĈĉĈĎććĉĊĉđĔũ /#13#-#!(#-3#ũ ũ + ũ # .1ũ 1 -*+(-ũ #"(- ũ ũ $ 5.1ũ "#ũ!.-$.1,(" "ũ!.-ũ+ ũ1#2.+4!(¢-ũ ŗũĈĊĎũ"#ũ+ ũ 4/#1(-3#-"#-!( ũ"#ũ -!.2ēũ
ũ /#12.- ũ 04#ũ !.-2("#1#ũ 3#-#1ũ "#1#!'.ũ 2. 1#ũ "(!'.2ũ !'#04#2ũ "# #1;ũ /1#2#-3 1ũ #-ũ #+ũ -!.ũ 24ũ 1#!+ ,.ũ #-ũ #+ũ 3_1,(-.ũ "#ũ Ĉĉũ "~ 2ũ !.-3 ".2ũ ũ/ 13(1ũ"#ũ+ ũ/4 +(! !(¢-ũ "#ũ#23#ũ 5(2.Ĕũ5#-!(".ũ+.2ũ!4 +#2Ĕũ 04#" 1;ũ -4+ " ũ2(-ũ1#2/.-2 (+(ı " "ũ +%4- ũ/ 1 ũ#+ũ -!.ē ũ ēũ ēũ
(1, ũ 43.1(9 "
ũ ũ ũ ũ #ũ !.,4-(! ũ +ũ /Ì +(!.Ĕũ + ũ 23#-!(¢-ũ +ũ %.ũ /.1ũ /#1"(" ũ "#+ũ!'#04#ũ .ēũĉĎĐũ +ũĉĎđĔũĉďĈũ +ũ ĉďĐĔũ ĉĐćĔũ ĉĐĎũ +ũ ĉĐďĔũ ĉĐđũ +ũ ĉĐĒĔũ ĉđĉũ +ũ ĉđČĔũ ĉđďũ +ũ ĉđđĔũ ĉĒćũ +ũ ĊĐĎũ 2(-ũ $(1, ũ 8ũ 2(-ũ 5 +.1Ĕũ /1#2#-ı 3 " ũ /.1ũ #+ũ %(1 ".1ũ ũ ũ ũ Ĕũ 3 ēũ 3#ē .ēũĈĉĈĎććĉĎćČē ũ ēũ ŇĒĎĉĒĐ 44
ũ"#+ũ ũ ũ
ũ .ēũĉććđıćČĉĎ Ėũ ũ ũ ũ ũ ũ Ė .-%.ũ #-ũ !.-.!(,(#-3.ũ "#+ũ /Ì +(!.ũ #-ũ %#-#1 +ũ 04#ũ /.1ũ "#!1#3.ũ #7/#"(".ũ/.1ũ#+ũ 1Ĕũ 423 5.ũ ¢/#9ũ Ì #9Ĕũ 4#9ũ #,/.1 +ũ"#+ũ 49% ".ũ _/3(,.ũ"#ũ+.ũ (5(+ũ"#ũ , 3.Ĕũ,#"( -3#ũ !!(¢-ũ"#ũ/#12.- +ũ .ēũđĐũ ı Ĕēũ #ũ' ũ2# + ".ũ/ 1 ũ#+ũ"~ ũ,(_1!.+#2ũ"(#9ũ8ũ2#(2ũ"#ũ # 1#1.ũ "#ũ ĉćĈĈũ "#2"#ũ + ũ ! 3.1!#ũ '.1 2ũ ' 23 ũ + 2ũ "(#9ũ 8ũ .!'.ũ '.1 2Ĕũ #-ũ + ũ #!1#3 1( ũ"#ũ#23 ũ 4"(! 341 ũ/ 1 ũ04#ũ3#-% ũ+4% 1ũ#+ũ1#, 3#ũ#-ũ/Ì +(ı ! ũ24 23 ũ"#+ũ (#-ũ(-,4# +#ũ#, 1% ".ũ2(%4(#-3#Ė ĉēıũ ¡ ēıũ +ũ (#-ũ (-,4# +#ũ 2#ũ #-!4#-31 ũ 4 (! ".ũ #-ũ + ũ 1.5(-!( ũ"#ũ 4-%41 '4 Ĕũ! -3¢-ũ 3 3#Ĕũ 11.04( ũ .2ũ -"#2Ĕũ 2#1(.ũ .-3 /(ũ '(!.Ĕũ 11(.ũ 4,(!4!'.Ĕũ!.-2("#1 ".Ĕũ!.,.ũ .- ũ 41 +ē Ċēıũ ũ ēũ ũ Ë ũ Ė Ėũ .-ũĒĐēČđũ,312Ĕũ 1ēũ (3.ũ +(5.ũ 11 Ĕũ 1ēũ -4#+ũ '(- !'(Ĕũũ 1ēũ 1 -!(2!.ũ 4 3.Ĕũ 1ēũ .2_ũ 5(#1ũ '(- !'(ũ8ũ 1 ēũ +.1( ũ '(- !'(ē Ėũ .-ũĒĐēČđũ,312ēũ 1ēũ -1(04#ũ 4(-3#1.2ē Ėũ .-ũĊĊēđĎũ,312ēũ 1ēũ (!#-3#ũ 11 Ėũ .-ũĊĊēđĎũ,312ēũ 1ēũ -%#+ũ '(- !'( Ë ũ ũ ũ ũ Ė Ėũ #11#-.ũ "#ũ (3.ũ +(5.ũ 11 Ĕũ -4#+ũ '(- !'(Ĕũ 1 -!(2!.ũ 4 3.Ĕũ .2_ũ 5(#1ũ '(- !'(ũ8ũ +.1( ũ '(- !'(ē Ėũ3#11#-.ũ"#ũ -1(04#ũ 4(-3#1.2ē Ėũ3#11#-.2ũ"#ũ (!#-3#ũ 11 ē Ėũ #11#-.ũ 04#ũ 4- ũ / 13#ũ 31 5(#2 ũ + ũ !#04( ũ "#-.,(- " ũ 4 2 +¢Ĕũ /.1ũ .31 ũ 4-ũ ! ,(-.ũ 5#!(- +ũ 8ũ /.1ũ Ì+3(,.ũ #-ũ .31 ũ / 13#ũ 4- ũ ! 11#31 ũ/Ì +(! ē Čēıũ ēı Ë ũ Ė ũ ũ ũ ũ ũ ũĊĊććēćć,ĉ Ë ũ ũ ũ ũ ũ ũ ũ ũ ũ ũĊĊććēććũ,ĉ Ďēıũ ũ ũ ũ ' 8ũ4- ũ$.3. +ũ3#11#-.ũ/.2##ũ4-ũ ũ3./.%1 $~ ũ04#ũ5 ũ"#+ũĈćŘũ +ũďćŘũ"#ũ#+#5 !(¢-Ĕũ #+ũ +.3#ũ #2ũ /3.ũ / 1 ũ + ũ %1(!4+341 ũ Ĕũ 2#ũ #-!4#-31 ũ 2#, 1 ".ũ #-ũ 24ũ , 8.1ũ/ 13#ũ/+ -3 2ũ"#ũ %4 ! 3#Ĕũ%1 - "(++ Ĕũ8ũ#7(23#ũ/.!.2ũ;1 .+#2ũ "#ũ#4! +(/3.ēũ 4#+.ũ"#ũ3(/.ũ ũ8ũ Ĕũ!.-ũ#1.2(¢-ũ"#ũ+(%#1 ũ ũ,."#1 " ėũ #-ũ ! 2(ũ 3.".2ũ +.2ũ 2#!3.1#2ũ "#+ũ 3#11#-.ũ + ũ 1#3#-!(¢-ũ "#ũ %4 ũ #2ũ "#ũ #7!#2(5 ũ ũ ) ėũ/#1,# (+(" "ũ"#ũ+#-3 ũ ũ1;/(" ėũ-(5#+ũ"#ũ$#13(+(" "ũ"#ũ ,#"( - ũ ũ/. 1#Ĕũ#-ũ/.!.2ũ2#!3.1#2ēũũ -ũ+ ũ/ 13#ũ#23#ũ"#+ũ+.3#ũ"#ũ3#11#ı -.ũ#2ũ 23 -3#ũ#2! 1/ ".Ĕũ#-ũ#+ũ(-3#1(.1ũ"#+ũ3#11#-.ũ-.ũ2#ũ#-!4#-31 ũũ -(-%Ì-ũ 3(/.ũ "#ũ #"($(! !(¢-Ĕũ -(ũ 3 ,/.!.ũ 2#ũ #-!4#-31 ũ !#1! ".ũ /.1ũ -(-%Ì-ũ3(/.ũ"#ũ!#11 ,(#-3.ē ďēıũ ũ ũ ēıũ 2ũ4- ũ9.- ũ %1~!.+ ėũ"#ũ/+425 +~ ũ ) ıũ,#"( ē Đēıũ ēıũ ũ5~ ũ"#ũ !!#2.ũ#2ũ"#ũ3(#11 ėũ2(ũ/.2##ũ !!#ı 2.Ėũ %4 ũ"#ũ1#% "~.Ĕũ#-#1%~ ũ#+_!31(! ũ8ũ %4 ũ/.3 +#ē đēıũ ũ ũ ēı 1 ũ#+ũ/1#2#-3 ũ 5 +Ì.ũ2#ũ /+(!¢ũ#+ũ,_3.".ũ!.,/ 1 3(5.Ĕũ. 3#-(#-".ũ (-$.1, !(¢-ũ"#ũ+.2ũ3#11#-.2ũ +#" .2ē Ēēıũ ēıũ Ĕũ ĸ,ĉĹĔũ ē ũ ĸ ĵ! " ũ ,ĉĹĔũ ũ ĸ Ĺė #11#-.ĔũĊĊććēććĔũČēććĔũĈĊĉććēććė .3 +ĔũĈĊĉććēććė ũ Ėũ#-3.-!#2Ĕũ04#ũ#+ũ 5 +Ì.ũ"#+ũ .3#ũ , 1% ".Ĕũ04#ũ+#2ũ !.11#2/.-"#ũ ũ + ũ / 13#ũ "#, -" " ũ #2ũ "#ũ ũ ĈĊĉććēććũ ĸ 1#!#ũ ,(+ũ ".2!(#-3.2ũ!.-ũććĵĈććũ ¢+ 1#2ũ ,#1(! -.2Ĺē
2ũ /#12.- 2ũ (-3#1#2 " 2ũ /4#"#-ũ . 3#-#1ũ , 8.1#2ũ (-$.1,#2ũ #-ũ #!1#3 1( ũ "#+ũ 49% ".ũ _/3(,.ũ "#ũ +.ũ (5(+ũ "#ũ , 3.ũ 1#, 3#ũ 04#ũ 2#1;ũ ")4"(! ".ũ +ũ ,#).1ũ /.23.1ũ Ĕũ /.1ũ 31 3 12#ũ "#+ũ 2#%4-".ũ 2# ı + ,(#-3.Ĕũ + 2ũ /.2341 2ũ 2#ũ 1#!#/3 1;-ũ 2. 1#ũ + ũ 2#ũ "#ũ + ũ ,(3 "ũ "#+ũ /1#!(.ũ "#+ũ 5 +Ì.ũ "#+ũ (#-ũ (-,4# +#ũ #, 1% ".ũ ũ 1#, 3 12#ũ 8ũ 04#ũ (1;-ũ !.,/ ".2ũ!.-ũ#+ũ"(#9ũ/.1ũ!(#-3.ũ#-ũ"(-#1.ũ#-ũ#$#!3(5.ũ.ũ!'#ı 04#ũ !#13($(! ".ũ ũ -., 1#ũ "#ũ #23 ũ 4"(! 341 Ĕıũ , 3.Ĕũ ũ "(!(#, 1#ũ ĉČũ"#+ũĉćĈćēı (1, ũ(+#%( +# ēũ ũ ũ 8ũ31#2ũ2#++.2 ĈĒćČćũĵũĒĎĉĒĉ
)'#.Zŋ (# )-ŋ*),ŋ& ŋ 4ŋ ! - $ ŋ ŋ(# )-ŋ (ŋ v&& ,)
āĉ
ŏ Ĉŏ ŏ ŏ ŏĂĀāā
ŏ +. ŏ
*63,.06 7(9;0*<3(9 40?;6 56*;<956 +, 4(@6
3VZ HS\TUVZ X\L WHY[PJPWHYVU LU LS L]LU[V KLS KL +PJPLT IYL X\L ZL YLHSPa} LU LS *LU[YV KLS *HU[}U *L]HSSVZ" OHJLTVZ SSLNHY SHZ KLIPKHZ KPZJ\SWHZ H [VKHZ SHZ WLYZVUHZ ` H Z\Z MHTPSPH YLZ X\L ZL ZPU[PLYVU HS\KPKVZ JVU U\LZ[YH PU[LY]LUJP}U LU LS L]LU[V TLUJPVUHKV +LIPKV H X\L UV M\L JVU SH PU[LUJP}U KL OLYPY SH Z\ZJLW[PIPSP KHK KL UPUN\UH WLYZVUH THZ IPLU ZL X\PaV TVZ[YHY \UH QVJVZP KHK ` \UH L_HNLYHJP}U X\L Z\W\LZ[HTLU[L LZ[HIH HJVYKL H LZ[H WYVNYHTHJP}U 36: (3<456: 7(9;0*07(5;,:
įăÿýúĀ
+ũ31 ).ũ"#,.2ı 31¢ũ04#ũ Ì-ũ' 8ũ , -.2ũ2.+(" 1( 2ũ 04#ũ04(#1#-ũ 84ı " 1ũ ũ+.2ũ"#,;2ē Bei c_[cXhei Z[b 9ec_j Kd_# Zei feh bW FWp" Z[b XWhh_e (* Z[ CWoe Z[b YWdj d F bbWhe" ^_Y_[# hed kdW Wkje][ij_ d fWhW h[]W# bWh c_b \kdZWi Z[ YWhWc[bei W bei d_ ei Z[ bWi YWjehY[ [iYk[bWi c|i ^kc_bZ[i Z[b YWdj d$ 7 bWi i_[j[ Z[ bW cW WdW Z[b (& Z[ Z_Y_[cXh[" kdW YWhWlWdW fWhj_ Yed bei YedÒj[i Z[iZ[ bW i[Z[ Z[b 9ec_j [d bWi YWbb[i 7j_f_bbW^kWpe o 9Whbei JWcW# oe" fWhW bb[]Wh W bei bk]Wh[i c|i Wb[`WZei$ ;b W]WiW`e [cf[p feh [b ikh [d bWi [iYk[bWi0 I_c d He# Zh ]k[p" @ei CWj Wi" @kWd Z[ L[bWiYe" 7cWZe D[hle" > Yjeh F_bYe" =WXh_[b KhXWdW [iYk[bW o
]kWhZ[h W o =WhY W Ceh[de$ 9[hYW Z[b c[Z_e Z W" [b ]hk# fe i[ jhWibWZ Wb dehj[ fWhW l_# i_jWh bei [ijWXb[Y_c_[djei FWXbe 7hjkhe Ik|h[p" (* Z[ CWoe" CWdk[b C[i Wi C[Z_dW" ;\h d 9WXh[hW" Bk_i :Whgk[W o >kWb# Yefe :kY^_Y[bW$ ?iWcWh F_dei" h[_dW Z[b 9e# c_j " \k[ bW [dYWh]WZW Z[ [djh[# ]Wh bei ZkbY[i W bei f[gk[ ei$ ÆC[ i[dj cko Wb[]h[ Wb l[h bW \[b_Y_ZWZ Z[ bei d_ ei" [ie \k[ ]hWj_ÒYWdj[Ç" WÒhc $ H[Wbc[dj[ \k[ kdW iehfh[iW fWhW bei _d\Wdj[i" Z_`e 7Zeb\e ;ifWhpW" c_[cXhe Z[b 9ec_j " Æ8kiYWcei bWi [iYk[bWi c|i fe# Xh[i" [i[ [hW dk[ijhe eX`[j_le$ I[ fkZe heXWh kdW iedh_iW W bei d_ ei o [ie \k[ cko [if[Y_WbÇ$ HW\W[b <beh[i" l_Y[fh[i_Z[dj[ Z[b 9ec_j Kd_Zei feh bW FWp" W]hWZ[Y_ W bWi f[hiedWi Z[ ēũ 2 , 1ũ (-.2Ĕũ1#(- ũ"#+ũ Xk[dW lebkdjWZ gk[ ZedWhed .,(3_ũ -(".2ũ/.1ũ+ ũ 9ũ"#ũ ~++ 1.ē bWi \kdZWi Z[ YWhWc[bei fWhW bb[]Wh W bei i_j_ei c[dY_edWZei$ )& WdY_Wdei Z[b Wi_be YWdjedWb" 7Z[c|i" [b c_ hYeb[i (/ Z[ Z_# W [bbei i[ b[i _dl_j W kd Wbck[h# Y_[cXh[ i[ ^ec[dW`[ W c|i Z[ pe dWl_Z[ e$
&/8% 781*85$+8$ 'H DFXHUGR DO DUWtFXOR GH ORV (VWDWXWRV YLJHQWHV VH FRQYRFD D ORV VHxR UHV VRFLRV GHO &OXE 7XQJXUDKXD SDUD OD -XQWD *HQHUDO ([WUDRUGLQDULD GH 6RFLRV TXH VH HIHFWXDUi HO GtD 0LpUFROHV GH HQHUR GH D ODV K SP HQ VX VHGH VRFLDO XELFDGD HQ HVWD FLXGDG GH $PEDWR VHFWRU )LFRD (O 6XHxR /D -XQWD WUDWDUi ORV VLJXLHQWHV SXQWRV 25'(1 '(/ ',$ &RQVWDWDFLyQ GHO TXyUXP )LMDFLyQ FXRWD PHQVXDO RUGLQDULD SDUD HO DxR \ VLJXLHQWHV /HFWXUD \ DSUREDFLyQ GHO $FWD 127$ 3RU VHU OD VHJXQGD FRQYRFDWRULD VH VHVLRQDUi FRQ HO Q~PHUR GH VRFLRV DVLVWHQWHV 0DUFHOR 1DUDQMR 3DFKHFR 3UHVLGHQWH
! ! " # # # ! ! !
Ĺ‹ 0) #š(Ĺ‹ Ĺ‹/(Ĺ‹*/ &) Ä?ćŊ  .2ĹŠ"#ĹŠ$#23#Äą ).ĹŠ1#+(%(.2.ĹŠ5(5(¢Ŋ 8#1ĹŠ+ ĹŠ/ 11.04( ĹŠ +. , ĔŊ"#+ĹŠ ! -3¢-ĹŠ (2 +#.Ä“
( #)( -Ĺ‹ -* # & -Ĺ‹* , Ĺ‹ &Ĺ‹#(! (#)
ēŊ .Ŋ(, %(- ,.2Ŋ04#Ŋ4-Ŋ 1#-.Ŋ/."1~ Ŋ++#5 1Ŋ4-Ŋ 43.Ŋ"#Ŋ1#% +.ĔŊ /#1.Ŋ+ Ŋ!.-!#2(.- 1( Ŋļ (+¢,#31. (+ČŊ "#Ŋ+ Ŋ #1!#"ĔŊ2~ēŊ #+(!(3 !(.-#2Ŋ/.1Ŋ24Ŋ (-(!( 3(5 ē
Ĺ? ĈĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä
Ĺ? +. Ĺ?
Ä ÄŠ
(ŋ*)*/,,vŋ ŋ ') #)( -ŋ (ŋ &ŋ ),-)
EhWY_ed[i" b_jkh]_Wi" ZWdpWi o Yeh[e]hW\‡Wi \k[hed fWhj[ Z[b Z‡W cWoeh Z[ \_[ijW fWhW bei cehWZeh[i Z[ bW fWhhegk_W j_# iWb[‹W$ 9ece ck[ijhW Z[ Z[leY_ÂŒd o Yh[[dY_W" i[ h[Wb_pWd Z_\[# h[dj[i WYjei YkbjkhWb[i o h[b_# ]_eiei" feh be gk[ Wo[h [b Z[i# \_b[ Z[ bW Yed\hWj[hd_ZWZ" \k[ WdkdY_e e\_Y_Wb Z[ ik YkbjkhW$ Bei [ijWXb[Y_c_[djei [Zk# YWj_lei \k[hed fWhj[ _d_Y_Wb Z[b Z[i\_b[ Y‡l_Ye" Z[ceijhWd# Ze ik Y_l_ice o Wceh W bW j_[# hhW$ Bk[]e" bei ZWdpWdj[i Yed# jW]_Whed W bei fh[i[dj[i Yed ik h_jce o \ebYbeh Wb fh[i[djWh bWi YecfWhiWi gk[ YedjWXWd ÂĄ Ä“ĹŠ 2ĹŠÄƒ#23 2ĹŠ1#+(%(.2 2ĹŠ"#ĹŠ+.2ĹŠ +. , # .2ĹŠ#2ĹŠ1#!.-.!(" ĹŠ/.1ĹŠ+ ĹŠ%1 !( ĹŠ8ĹŠ".- (1#ĹŠ"#ĹŠ242ĹŠ,.1 ".1#2Ä“ kdW ^_ijeh_W Z[ bei 7d# BÂŒf[p" gk[ WYecfW‹W Z[i [d YWZW kdW Z[ iki W bW _cW][d" feh c|i fh[i[djWY_ed[i$ ĹŠ Z[ )& W‹ei$ BW jhWZ_Y_edWb Y^_# HeZh_]e =WhYƒi" Y^W Wbe`W \k[ h[fWhj_ZW
.2ĹŠ$#23#).2 !3(5(" "#2ĹŠ/ 1 ĹŠ'.8ĹŠ WbYWbZ[ Z[ J_iWb[e" W gk_[d[i WYecfW‹Whed .2ĹŠ!1#8#-3#2ĹŠ !#+# 1 -ĹŠ#23 ĹŠ W [ijW \_[ijW" Yece i‡c# !#1#,.-( ĹŠ!.,.ĹŠ cWd_\[ijÂŒ gk[ ƒijW 4-ĹŠ/ %.ĹŠ ĹŠ+.2ĹŠ ĹŠ .2ĹŠ !3.2ĹŠ!4+341 +#2ĹŠ"# #-ĹŠ!.-3#-#1ĹŠ ĹŠÄˆÄ‰Ä–Ä‡Ä‡ĹŠĹŠ (2 ĹŠ"#ĹŠ !!(¢-ĹŠ"#ĹŠ 1 !( 2ĔŊ/.1ĹŠ Xebe Z[ \_[ijW fefkbWh" $ 5.1#2ĹŠ1#!( (".2ĹŠ \_[ijW [i Yedi_Z[hWZW Ĺ—+.2ĹŠ#+#,#-3.2ĹŠ04#ĹŠ' Ĺ—+.2ĹŠ!'.$#1#2ĹŠ/1.$#2(.- +#2ĹŠ"#ĹŠ+ ĹŠ/ 11.04( +#-ĹŠ"#ĹŠ+ ĹŠ!4+341 ĹŠ Yece kd fWjh_ced_e c_[djhWi bW XWdZW [dje# #-ĹŠ#+ĹŠ  .Ä“ 3(2 +# ē fWhW ik YWdjÂŒd" fk[i dWXW ĂˆiWd`kWd_jeiÉ$ ĹŠĹŠÄˆÄŒÄ–Ä‡Ä‡ĹŠ -31 " ĹŠ"#ĹŠ+.2ĹŠ-4#5.2ĹŠ/1(.23#2ĹŠ8ĹŠ Ĺ—1#/ 13(!(¢-ĹŠ"#ĹŠ+ ĹŠ!'(!' ĹŠ +.) ĹŠ +ĹŠ. +(% !(¢-ĹŠ"#ĹŠ+.2ĹŠ 11(.2ĹŠ.1% -(9 1ĹŠ bei WYjei Y[b[XhWZei 7 bW \_[ijW Wi_ij_[hed Ĺ—!.,/ 12 2ĹŠ/ 1 ĹŠ+ ĹŠÄƒ#23 Ä“ bei ]hkfei Z[ Yeckd_ZWZ[i" ck[ijhWd bW YkbjkhW Z[ bei j_# Ĺ—ĹŠÄˆÄ?ĖććŊ 13(!(/ !(¢-ĹŠ"#ĹŠ"(2$1 9 ".2 XWhh_ei" o Z[ ejhWi fWhj[i Z[ iWb[‹ei [d jeZei bei YWi[h‡ei bW fhel_dY_W" Yece CWdk[b Z[ bW Y_kZWZ$
Bei h[ikbjWZei Z[ Ăˆ9_kZWZ Z[ BkY[i o 9ebeh[iÉ" gk[ eh]Wd_# pÂŒ :_Wh_e BW >ehW o bWi HW# Z_ei HkcXW" HecWdY[ o 9ed# j_d[djWb" i[ fkXb_YWhed [ij[ * Z[ [d[he1 f[he dei i[dj_cei [d bW eXb_]WY_ÂŒd Z[ fh[c_Wh W [ijei Zei YedYkhiWdj[i oW gk[ ^Wd Z[ceijhWZe ik [i# \k[hpe o YWh_icW W bW ^ehW Z[ YedYkhiWh$ <[b_Y_ZWZ[i W dk[ijhei fWh# j_Y_fWdj[i gk[ W^ehW j_[d[d dk[ijhW ĂˆC[dY_ÂŒd ;if[Y_WbÉ$ 7b _]kWb gk[ bei ejhei jh_kd# \WZeh[i Z[b Yed# ĹŠ Ykhie" o bei gk[ decXhWcei ^eo" -ĹŠ5(23 ĹŠ"#ĹŠ04#ĹŠ [ij|d _dl_jWZei #23.2ĹŠ/ 13(!(Äą / -3#2ĹŠ2#ĹŠ' -ĹŠ W b f h e ] h W c W #2,#1 ".ĹŠ#-ĹŠ242ĹŠ Z[ fh[c_WY_ÂŒd" 11#%+.2ĔŊ'#,.2ĹŠ "#!("(".ĹŠ/1#,(Äą gk[ i[ h[Wb_pWh| 1+.2Ä“ĹŠ [b l_[hd[i - Z[ [d[he W bWi '-0&& [d bWi _dijWbWY_ed[i Z[b :_Wh_e BW >ehW Gk_je o 8eb‡lWh $
ēŊ .1%#Ŋ _1#9ĔŊ"#+Ŋ! 2#1~.Ŋ -"(%- 3.Ŋ"#+Ŋ! -3¢-Ŋ #5 ++.2ĔŊ% -¢Ŋ#23#Ŋ 1#!.-.!(,(#-3.Ŋ/.1Ŋ+ Ŋ!1# 3(5(" "Ŋ Ŋ+ Ŋ'.1 Ŋ"#Ŋ"#!.1 1Ŋ24Ŋ) 1"~-ē
Kd W‹e c|i" bW fWhj[ WbjW Z[ bW Y_kZWZ" lebl_ÂŒ W i[h [iY[# dWh_e Z[ bW c‘i_YW" XW_b[ [ _bki_ÂŒd gk[ ceijhÂŒ [b 9ehie Z[ bWi <beh[i o bW 7b[]h‡W ?d# j[hdWY_edWb" Wo[h Z[iZ[ bWi '+0&&$ 9_[djei Z[ Ykh_eiei i[ Z_i# fki_[hed W l[h [ij[ Z[iĂ’b[ Z[ jhWZ_Y_ed[i" gk[ h[Yehh_ÂŒ bW Wl[d_ZW bei 9^Wigk_i o F_# Y^_dY^W" Z[iZ[ bW @kb_e @WhW# c_bbe ^WijW bW Wl[d_ZW Hkc_# ‹W^k_$ I[djWZei o fWhWZei ieXh[ bWi WY[hWi" de gk_i_[hed f[h# Z[hi[ bW efehjkd_ZWZ Z[ l[h [b fWie Z[ bWi Z[b[]WY_ed[i Z[ 7h][dj_dW" 8eb_l_W" 9ebec# X_W" Cƒn_Ye" F[h‘ o ;YkWZeh" gk[ Wb ied Z[ ik h_jce jhWZ_# Y_edWb" WhhWdYWXWd bei WfbWk# iei Z[ bei Wi_ij[dj[i$ ;d [ijW jhWZ_Y_edWb fWhW# ZW jWcX_ƒd ^kXe XWdZWi Z[ fk[Xbe" YecfWhiWi" ZWdpW" ^kceh o fWheZ_Wi" gk[ Yece YWZW W‹e" b[ fed[d [b jegk[ [if[Y_Wb o ^WY[ gk[ c|i jk# h_ijWi l_i_j[d [ijW Y_kZWZ" [d [b ‘bj_ce Z‡W Z[ _deY[dj[i$ I[]‘d bei Wi_ij[dj[i" [ij[ [l[dje [i kdW YeijkcXh[ eh_# ]_dWbc[dj[ WcXWj[‹W gk[ de Z[X[h‡W f[hZ[hi[ Yed [b fWie Z[b j_[cfe o bW l[d_ZW Z[ dk[lWi ][d[hWY_ed[i$
Čć! (-!+ēũ ũũĐũũ ũ ũ ũĉćĈĈ
.ũ(1;ũ#-ũ ! 11.9
ũ-.5( ũ"#+ũ/1~-!(ı /#ũ 4(++#1,.Ĕũ 3#ũ (""+#3.-Ĕũ/1#ăũ1(¢ũ 4-ũ 43.,¢5(+ũ/ 1 ũ 24ũ ." ũ8ũ+#5 -3 ũ+ ũ /.+_,(! ēũũ : ũ Ĉć
4-%41 '4
Čćũ :
ũ ũ ¡ũ ũ ũ ũ+ 2ũĈĎĖććũ"#ũ 8#1Ĕũ2#(2ũ ".+#2!#-3#2ũ$4#1.-ũ+( #1 ".2ũ/.1ũ ,(#, 1.2ũ"#ũ+ ũ!.,4-(" "ũ"#ũ ' ! /4-%.Ĕũ/#13#-#!(#-3#ũ ũ+ ũ / 11.04( ũ 4 -ũ #-(%-.ũ #+ ēũ ++.2ũ$4#1.-ũ1#3#-(".2ũ#+ũ,(_1!.+#2ũ -3#1(.1ũ !42 ".2ũ"#ũ/1#24-3 ,#-3#ũ' #1ũ1. ".ũ. )#3.2ũ"#ũ 5 1( 2ũ5(5(#-" 2ũ"#+ũ+4% 1ē : ũ ĈĊ
("#-ũ! / !(3 !(¢ .2ũ!+4 #2ũ"#/.13(5.2ũ"#+ũ! -3¢-ũ .2Ĕũ/("#-ũ,;2ũ! / !(3 !(.-#2ũ#-ũ 3#, 2ũ"#ũ1#$.1, 2ũ"#ũ#23 343.2ũ"#ũ+ ũ -4#5 ũ #8ũ"#ũ #/.13#ē : ũ Ĉĉ
.2ũĥ . .Ħũ"#ũ 1!#+.-
+ũ 1%#-3(-.ũ ."1(%.ũ 1 -%.-(ũ8ũ#+ũ 1 2(+# .ũũ ."1(%.ũ #(7#(1 ũĸ$.3.Ĺũ $4#1.-ũ/1#2#-3 ".2ũ !.,.ũ-4#5.2ũ1#$4#19.2ũ "#+ũ#04(/.ũ/ 1 ũĉćĈĈē ;%(- ũ Ĉď
.-3(-Ì -ũ!.-31.+#2ũ#-ũ+ ũ!(4" "
#12.- +ũ"#+ũ )_1!(3.ũ !4 3.1( -.Ĕũ)4-3.ũ ũ+ ũ .+(!~ ũ !(.- +Ĕũ#23;-ũ#-ũ !.-23 -3#2ũ1#!.11(".2ũ/.1ũ+ ũ!(4" "ũ ũăũ-ũ"#ũ/1#5#-(1ũ !3.2ũ"#+(!3(5.2ēũ ũ+ 2ũĈďĖČĎũ"#ũ 8#1ũ2#ũ/4".ũ. 2#15 1ũ ũ".2ũ/.+(!~ 2ũ8ũ4-ũ2.+" ".Ĕũ04#ũ 1#!.11~ -ũ+ ũ9.- ũ!_-31(! ũ"#ũ , 3.Ĕũ#2/#!~ăũ! ,#-3#ũ/.1ũ#+ũ/ 104#ũ .-3 +5.ē