Ďć! (-!+ēŊ , 41 ĔŊ 1!'(
Äž ĹŠ } Ä?
: ĹŠÄŠÄˆĹŠ ĹŠ ĹŠÄ‰Ä‡ÄˆÄ‰
ĹŠ ĹŠ
Ĺ?
%1(!4+3.1#2Ŋ 24$1#-Ŋ/.1 !.-3 ,(- !(¢ ;%(- Ŋ đ
Ĺ?
23_5#9ĔŊ,#" ++ 2 / 1 ĹŠ (!'(-!' ĹŠ8 -.ĹŠ ĹŠ , 41 ĹŠ ;%(- ĹŠ ĈĒ
-ĹŠ 1(+ĹŠ#23;ĹŠ/+ -(ă! ".ĹŠ#+ĹŠ(-(!(.ĹŠ"#ĹŠ+.2ĹŠ31 ).2ĹŠ/ 1 ĹŠ" 1ĹŠ$.1, ĹŠ +ĹŠ/1.8#!3.ĹŠ !' 8ĔŊ (4" "ĹŠ"#+ĹŠ .-.!(,(#-3.Ä“ĹŠ 23 ĹŠ#+ĹŠ,.,#-3.ĹŠ' -ĹŠ+.%1 ".ĹŠ#23 +#!#1ĹŠ !4#1".2ĹŠ!.-ĹŠ!#1Äą ! ĹŠ"#ŊĉĎŊ/1./(#3 1(.2ĹŠ"#ĹŠĹŠ4-ĹŠ3.3 +ĹŠ"#ĹŠÄ?Ä?Ä“ĹŠ 23;-ĹŠ+( #1 " 2ĹŠ +1#"#".1ĹŠ"#ŊđććŊ'#!3;1# 2ĔŊ ".-"#ĹŠ#,/#9 1;-ĹŠ+.2ĹŠ31 ).2Ä“ĹŠ -ĹŠ#+ĹŠ,#% ĹŠ/+ -ĔŊ#7(23#ĹŠ(-3#1_2ĹŠ"#ĹŠ(-5#12(.-(23 2ĹŠ"#ĹŠ +#, -( ĹŠĹŠ ;%(- ĹŠ ÄŠ
- $ -Ĺ‹()Ĺ‹ -/ (Ĺ‹ (Ĺ‹ ,#&Ĺ‹
ĹŠ ěŊ BW WdkdY_WZW WbpW Z[ fWiW`[i de i[ Ykcfb_h| Z[i# Z[ [b ' Z[ WXh_b" Yece be ^WX‡Wd Z_Y^e bei jhWdifehj_ijWi$ ;b ]h[c_e W‘d i[ [dYk[djhW [d Yedl[hiWY_ed[i Yed bWi Wk# jeh_ZWZ[i Z[b C_d_ij[h_e Z[ JhWdifehj[$ ;ije f[i[ W gk[ [n_ij[ kdW h[iebkY_ÂŒd Z[ bW 7][dY_W DW# Y_edWb Z[ Jh|di_je ZedZ[ i[ ^WXbW Z[ kd _dYh[c[dje Z[ ^WijW [b (+ " cedje gk[ be Z[Y_Z_[hed bk[]e Z[ kd [ijk# Z_e$ Bei kikWh_ei feh ik fWhj[ [ij|d W`[dei W be gk[ eYkhh[" fk[i Z_Y[d gk[ WXhW gk[ [if[# hWh bWi Z[Y_i_ed[i gk[ jec[d W d_l[b dWY_edWb$ ;%(- ĹŠ Ä’
ēŊ +Ŋ%1#,(.Ŋ"#Ŋ+ Ŋ31 -2Ĺ /.13 !(¢-Ŋ, -3(#-#Ŋ"(;+.%.Ŋ!.-Ŋ + 2Ŋ 43.1(" "#2ēŊ 2/#1 -Ŋ04#Ŋ24Ŋ /#"(".Ŋ3#-% Ŋ#!.ēŊ
("#-Ŋ! +, Ŋ Ŋ#234"( -3#2Ŋ "#Ŋ4-(5#12(" "#2Ŋ"#Ŋ3(/.Ŋ 8#1Ŋ2#Ŋ++#5.Ŋ Ŋ ! .Ŋ4- Ŋ1#4-(¢-Ŋ #-Ŋ".-"#Ŋ+ Ŋ #Ĺ -#2!83Ŋ(-$.1,¢Ŋ 2. 1#Ŋ#+Ŋ/+ -Ŋ"#Ŋ !.-3(%#-!( ēŊ ŊĚŊ7 d_l[b dWY_edWb Wfhen_#
cWZWc[dj[ -& c_b [ijkZ_Wdj[i Z[ bWi Kd_l[hi_ZWZ[i Z[ YWj[]e# h‡W ;" \k[hed [lWbkWZei$ :[ [ij[ ]hkfe" c_b (&& f[hj[d[Y[d W bW pedW '$ ;bbei [if[hWd gk[ [b '( Z[ WXh_b" bW I[Yh[jWh‡W DWY_edWb Z[ ;ZkYWY_Œd Ikf[h_eh" 9_[dY_W o J[Ydebe]‡W" I[d[iYoj" de Y_[hh[ bWi kd_l[hi_ZWZ[i [d bWi gk[ Ykh# iWd iki [ijkZ_ei$ 7b h[if[Yje" Wo[h bWi Wkjeh_ZW# Z[i Z[ [ijW Z[f[dZ[dY_W" ieb_Y_# jWhed W bei [ijkZ_Wdj[i kd_l[hi_# jWh_ei gk[ cWdj[d]Wd bW YWbcW$
ĹŠ
ĹŠ
Ä? &Ĺ‹ ) # ,()Ĺ‹ -.6Ĺ‹ )-./'Äš , )Ĺ‹ Ĺ‹* (- ,Ĺ‹ - Ĺ‹ &Ĺ‹ ,#. Äš ,#)Ĺ‹' 3),#. ,#)Ĺ‹ 3Ĺ‹ , ,Ĺ‹+/ Ä…Ĺ‹ )')Ĺ‹! (šŋ& -Ĺ‹ & #)( -Ä…Ĺ‹.# Äš ( Ĺ‹ , ")Ĺ‹ Ĺ‹ #'*)( ,Ä‘ ^ ĹŠ Ă‹ ĹŠ ĹŠ
;%(- Ŋ ĉ
ēŊ 4-!(.- 1(.2Ŋ"#Ŋ+ Ŋ #-#2!83Ŋ(-$.1, 1.-Ŋ2. 1#Ŋ/+ -Ŋ"#Ŋ!.-3(-%#-Ĺ !( Ŋ/ 1 Ŋ+.2Ŋ#234"( -3#2ĔŊ#-Ŋ! 2.Ŋ"#Ŋ04#Ŋ242Ŋ4-(5#12(" "#2Ŋ2# -Ŋ!#11 " 2ēŊ
7Z[c|i" b[i [nfb_YWhed [b fbWd [dj_ZWZ[i Z[ [ZkYWY_ÂŒd ikf[h_eh Z[ Yedj_d][dY_W gk[ fedZh|d [d i[Wd Y[hhWZWi$ cWhY^W" [d [b YWie Z[ gk[ Z_Y^Wi ;%(- ĹŠ ĉ
666Ä“+ '.1 Ä“!.,Ä“#!
(#0 ,-#. ,#)-ŋ -* , (ŋ, -/&. )-ŋ Ă ŋ 0 &/ #š(
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
7 Ĺ?ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
(+ŊĉććŊ#234"( -3#2ĹŠ4-(5#12(3 1(.2ĹŠ"#ĹŠ + ĹŠ9.- ĹŠÄˆĹŠ/("#-ĹŠ04#ĹŠ-.ĹŠ!(#11#-ĹŠ242ĹŠ4-(Äą 5#12(" "#2Ä“ĹŠ ŊěŊBWi Wkjeh_ZWZ[i Z[ bW I[# bei fheY[iei Yedi_]k_[dj[i [d Yh[jWh‡W DWY_edWb Z[ ;ZkYWY_ÂŒd YWie Z[ bW _dij_jkY_ÂŒd [ZkYWj_lW Ikf[h_eh" 9_[dY_W" J[Ydebe]‡W [ i[W _dj[hl[d_ZW o Ă’dWbc[dj[ Y[# ?ddelWY_ÂŒd I[d[iYoj bb[lWd W hhWZW$ YWXe bW ieY_Wb_pWY_ÂŒd Z[b FbWd Z[ ;d XWi[ Wb cWdZWje '*" [nf[# Yedj_d][dY_W [ZkYWj_le fWhW bei Z_Ze feh bW 7iWcXb[W DWY_edWb [ijkZ_Wdj[i Z[ bWi kd_l[hi_# 9edij_jko[dj[ [b (( Z[ ZWZ[i Z[ YWj[]eh‡W Æ;Ç" fk[# `kb_e Z[ (&&." [ijWXb[Y[ ZWd Yedj_dkWh iki [ijkZ_ei i_ ĹŠ bW eXb_]WY_ÂŒd Z[b 9ed# bei [ijWXb[Y_c_[djei W bei gk[ ĹŠ i[`e DWY_edWb Z[ ;lW# "#ĹŠ4-(5#12(" "#2ĹŠ Wi_ij[d de fWiWd [b fheY[ie 3(/.ĹŠ ĹŠ$4#1.-ĹŠ bkWY_ÂŒd o 7Yh[Z_jWY_ÂŒd #5 +4 ".2ĹŠ ĹŠ-(5#+ĹŠ Z[ [lWbkWY_ÂŒd$ 9ed[W [bWXehWh kd - !(.- +Ä“ ;b 9edi[`e Z[ ;lWbkWY_ÂŒd" _d\ehc[ jƒYd_Ye ieXh[ 7Yh[Z_jWY_ÂŒd o 7i[]khWc_[d# [b d_l[b Z[ Z[i[cf[‹e je Z[ bW 9Wb_ZWZ Z[ bW ;ZkYWY_ÂŒd _dij_jkY_edWb Z[ bei [ijWXb[Y_# Ikf[h_eh 9[WWY[i ^Wh| f‘Xb_Yei c_[djei Z[ [ZkYWY_ÂŒd ikf[h_eh" W bei h[ikbjWZei Z[ bWi [lWbkWY_e# Ă’d Z[ ]WhWdj_pWh ik YWb_ZWZ" fhe# d[i [b fhÂŒn_ce '( Z[ WXh_b$ f_Y_WdZe ik Z[fkhWY_ÂŒd o c[`e# H[fh[i[djWdj[i Z[ bW Kd_l[h# hWc_[dje$ :Wd_[b Ik|h[p" YeehZ_dWZeh i_ZWZ Z[ EjWlWbe" Kd_l[hi_ZWZ J[YdebÂŒ]_YW 7cƒh_YW Kd_jW " pedWb ' Z[ bW I[d[iYoj" [nfb_YÂŒ Kd_l[hi_ZWZ 9h_ij_WdW BWj_deW# gk[ Æ[ijW YWj[]eh_pWY_ÂŒd f[hc_# c[h_YWdW K9B " Kd_l[hi_ZWZ j_ÂŒ Z[idkZWh bWi \Wb[dY_Wi [d [b Feb_jƒYd_YW Z[b 9WhY^_ KF;9 [ifWY_e Z[ [ZkYWY_ÂŒd ikf[h_eh o o bW ;iYk[bW Ikfh_eh Feb_jƒYd_YW [d Ykcfb_c_[dje Z[ [ijW dehcW# ;YebÂŒ]_YW 7cWpÂŒd_YW ;if[W i[ j_lW i[ [ijWXb[Y_ÂŒ kd fbWpe Z[ '. h[kd_[hed Wo[h Yed bWi Wkjeh_ZW# c[i[i fWhW gk[ bWi kd_l[hi_ZW# Z[i Z[ bW I[d[iYoj fWhW YedeY[h Z[i Yed YWj[]eh‡W ; YkcfbWd Yed
Ä?ćććć
ĹŠĹŠ -ĹŠ+ ĹŠ #%(¢-ĹŠÄˆĹŠ"#ĹŠ !4 ".1ĹŠ$4#1.-ĹŠ #5 +4 ".2ĹŠ /1.7(, " Äą ,#-3#ĹŠÄˆÄ“Ä‰Ä‡Ä‡ĹŠ #234"( -3#2Ä“
¥ ēŊ 234"( -3#2Ŋ"#Ŋ 1!'(Ŋ#Ŋ , 41 Ŋ !4"(#1.-Ŋ Ŋ+ Ŋ2.!( +(9 !(¢-Ŋ"#+Ŋ3#, Ŋ"#Ŋ!(#11#Ŋ"#Ŋ+ 2Ŋ4-(5#12(" "#2Ŋ"#Ŋ ! 3#%.1~ Ŋ ē
bW h[WZ[YkWY_ÂŒd Z[ iki [ifWY_ei jWdje _dij_jkY_edWb" WYWZƒc_Ye o `kh‡Z_YeÇ$ BWi Wkjeh_ZWZ[i jWcX_ƒd ][# d[hWhed kd fheY[ie feh fWhj[ Z[b 9[WWY[i fWhW Z[Ă’d_h Yk|b[i ied bei fWh|c[jhei Z[ Ykcfb_c_[dje" kde Z[ [bbei \k[ bW fhk[XW Z[ Ye# deY_c_[dje Wfb_YWZW W bei YWi_ -& c_b [ijkZ_Wdj[i W d_l[b dWY_edWb
Z[ YWZW kdW Z[ bWi (, kd_l[hi_ZW# Z[i Z[ YWj[]eh‡W ; gk[ i[ bW h[Wb_# pŒ [b * Z[ cWhpe$ CWhY[be 9[lWbbei" fh[i_Z[dj[ ikXhe]Wdj[ Z[b 9;I \k[ [b [d# YWh]WZe Z[ ieY_Wb_pWh [ij[ j[cW Z[ ]hWd _cfehjWdY_W fWhW bei [ijkZ_Wdj[i o gk[ b[i e\h[Y[ bWi ]WhWdj‡Wi fWhW Yedj_dkWh Yed iki [ijkZ_ei h[]kbWh[i$ 9[lWbbei
h[iWbjŒ gk[ bei j‡jkbei Z[ bei [i# jkZ_Wdj[i gk[ ^Wd []h[iWZe Z[ bWi kd_l[hi_ZWZ[i j_fe ;" i[h|d h[YedeY_Zei Z[ cWd[hW b[]Wb$ ;b =eX_[hde ^W [ijWXb[Y_Ze c[Z_ZWi YWkj[bWh[i gk[ fhej[`Wd bei Z[h[Y^ei Z[ bWi o bei [ijk# Z_Wdj[i gk[ XkiYWd kdW iebkY_Œd W ik _dY[hj_ZkcXh[ ieXh[ [b Y_[# hh[ Z[ bW kd_l[hi_ZWZ[i$
ÄľÄ‰ÄŒÄ’Ä‰Ä‡Äľ
ĹŠÄŒ
ĉÄ?ćŊ'#!3;1# 2ĹŠ#2ĹŠ + ĹŠ24/#1$(!(#ĹŠ04#ĹŠ 1! 1;ĹŠ !' 8ĹŠ
7 Ĺ? ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
ă
ēŊ +Ŋ , ) ".1Ŋ"#Ŋ +#, -( Ŋ#-Ŋ#+Ŋ !4 ".1ŊŊ #3#1Ŋ (-"#1Ŋ2#Ŋ1#4-(¢-Ŋ!.-Ŋ+ 2Ŋ 43.1(" "#2Ŋ"#Ŋ+ Ŋ/1.5(-!( Ŋ"#Ŋ , 41 ēŊ
(ŋ ,#&ŋ- ŋ '*# 4 ŋ ŋ #ð ,ŋ & ŋ #/ ŋ &ŋ )() #'# (.)ŋ +Ŋ , ) ".1Ŋ"#Ŋ +#, -( Ŋ3 , (_-Ŋ ,4#231 Ŋ(-3#1_2Ŋ#-ŊŊ /.13 1Ŋ +Ŋ/1.8#!3.Ŋ !' 8ēŊ ěŊFWhW WXh_b [ij| fbWd_ÒYW#
Ze [b _d_Y_e Z[ bei jhWXW`ei Z[ _d# j[hl[dY_Œd [d be gk[ i[h| OWY^Wo" bW 9_kZWZ Z[b 9edeY_c_[dje$ >WijW [b cec[dje ^Wd be]hWZe [ijWXb[Y[h WYk[hZei Yed Y[hYW Z[ (+ fhef_[jWh_ei Z[ kd jejWb Z[ -,$ 7YjkWbc[dj[ [ij|d b_X[hWZWi Wb# h[Z[Zeh Z[ .&& ^[Yj|h[Wi" W^‡ [i ZedZ[ i[ h[Wb_pWh|d bei fh_c[hei jhWXW`ei$ :Wd_[b Ik|h[p" ikXi[Yh[jWh_e h[]_edWb Z[ bW I[Yh[jWh‡W DW#
Y_edWb Z[ ;ZkYWY_ÂŒd Ikf[h_eh" 9_[dY_W" J[Ydebe]‡W [ ?ddelW# Y_ÂŒd I[d[iYoj " Z[ijWYÂŒ gk[ Yed Wb]kdei fhef_[jWh_ei Yed bei gk[ de i[ ^W be]hWZe [ijWXb[Y[h WYk[hZei oW i[ ^W [djhWZe Wb fheY[ie `kZ_Y_Wb$ Bei Z_\[h[dj[i fheY[iei Z[ [nfhef_WY_ÂŒd Ă’dWb_# pWd [d cWoe$ ;d YkWdje W bei jhWXW`ei Z[ _d# \hW[ijhkYjkhW [if[hWd ZWh _d_Y_e [d [ij[ c[i Z[ WXh_b" Z‡Wi Wjh|i Ă’hcWhed kd Yedl[d_e Yed [b ?di#
1.8#!!(.-#2ĹŠ"#ĹŠ+ ĹŠ. 1 ĹŠ ĹŠĹŠ -ĹŠ#23#ĹŠ  .2ĹŠ2#ĹŠĹŠ3(#-#ĹŠ/+ -(ă! ".ĹŠ" 1ĹŠ(-(!(.ĹŠ ĹŠ+.2ĹŠ31 ).2ĹŠ#-ĹŠ+.2ĹŠĹŠ +1#"#".1#2ĹŠ"#ĹŠ Ĺ—+ ĹŠ -(5#12(" "ĔŊ8ĹŠ#"(ă! 1ĹŠ+.2ĹŠ/1(,#1.2ĹŠ(-23(343.2ĹŠ"#ĹŠ(-5#23(% !(¢-Ä“ĹŠ -31#ĹŠ3 -3.ĹŠ04#ĹŠ #-ĹŠ#+ĹŠÄ‰Ä‡ÄˆÄŠĹŠ2#ĹŠ/(#-2 ĹŠ" 1ĹŠ /#1341 ĹŠ ĹŠ+ ĹŠ -(5#12(" "ĹŠ!.-ĹŠ+ ĹŠ! 11#1 ĹŠ"#ĹŠ(-%#-(#1~ ĹŠ#-ĹŠ - -.3#!-.+.%~ Ä“ĹŠĹŠ -ĹŠ#23#ĹŠ  .ĹŠ2#ĹŠ"#23(- 1;-ŊĊććŊ,(++.-#2ĹŠ"#ĹŠ"¢+ 1#2ĔŊ/1.5#-(#-3#2ĹŠ "#+ĹŠ 1#24/4#23.ĹŠ #-#1 +ĹŠ"#+ĹŠ 23 ".ĔŊ,(#-31 2ĹŠ04#ĹŠ#-ĹŠÄ‰Ä‡ÄˆÄŠĹŠ2#ĹŠ/1#5_ĹŠ(-5#13(1ŊĎććŊ ,(++.-#2ĹŠ"#ĹŠ"¢+ 1#2ĹŠ "(!(.- +#2Ä“
j_jkje DWY_edWb Z[ FWjh_ced_e 9kbjkhWb ?DF9 fWhW h[Ykf[hWh bWi YWiWi Z[ ^WY_[dZW o bW _d\hW# [ijhkYjkhW fh[^_if|d_YW$ 7 d_l[b _dj[hdWY_edWb [n_ij[ kdW _cfehjWdj[ [nf[YjWj_lW [d jehde W [ij[ fheo[Yje" i[cWdWi Wjh|i l_i_jΠbW Y_kZWZ kdW Z[b[#
]WY_Œd Y^_dW o bW jWhZ[ Z[ Wo[h bb[]Œ W ?XWhhW [b ;cXW`WZeh Z[ 7b[cWd_W F[j[h B_dZ[h" gk_[d ceijhŒ ik _dj[hƒi [d l_dYkbWh W OWY^Wo Yed bWi _d_Y_Wj_lWi Z[ ][d[hWY_Œd fheZkYj_lW gk[ [bbei j_[d[d [d bW 9k[dYW Z[b H^_d 7b[cWd_W $
, ) /* ŋ& ŋ . ( ( # ŋ#&v #. ŋ ŋ -./* # (. -ŋ (ŋ&)-ŋ )& !#) ěŊ 7kjeh_ZWZ[i" ZeY[dj[i
2 2ĹŠ/ 31(,.-( +#2ĹŠ2#ĹŠ"#23148#-ĹŠ ĹŠ ĹŠ Ä–ĹŠ ĹŠ ĹŠ
2Ŋ"($#1#-3#2Ŋ! 2 2Ŋ/ 31(,.-( +#2Ŋ"#Ŋ+ Ŋ!(4" "Ŋ"#Ŋ 11 Ŋ/1#2#-3 -Ŋ 2#1(.Ŋ"#3#1(.1.Ŋ8Ŋ#-Ŋ+4% 1Ŋ"#Ŋ!.-23(34(12#Ŋ#-Ŋ4-Ŋ.1- 3.Ŋ8Ŋ+4% 1Ŋ341~2Ĺ 3(!.Ŋ"#Ŋ+ Ŋ!(4" "ĔŊ' -Ŋ/ 2 ".Ŋ Ŋ2#1Ŋ#-Ŋ4-Ŋ/#+(%1.Ŋ/ 1 Ŋ+ Ŋ!(4" " -~ ēŊ -Ŋ5 1( 2Ŋ! 2 2Ŋ+ 2Ŋ3#) 2Ŋ#23;-Ŋ Ŋ/4-3.Ŋ"#Ŋ! #1ēŊ
o fWZh[i Z[ \Wc_b_W Z[ bWi Z_\[# h[dj[i _dij_jkY_ed[i [ZkYWj_lWi Z[ ?XWhhW" i[ [dYk[djhWd fh[# eYkfWZei Z[X_Ze W gk[ [d lWh_Wi _dij_jkY_ed[i [ZkYWj_lWi i[ [ij| Yedikc_[dZe o [nf[dZ_[dZe [ijkf[\WY_[dj[i" feh be gk[ ^Wd ieb_Y_jWZe bW _dj[hl[dY_Œd Z[ bWi Wkjeh_ZWZ[i$ @eiƒ ;bWZ_e 9ehWb" Z[ bW <_i# YWb‡W ;if[Y_Wb_pWZW [d 7Zeb[i# Y[dj[i ?d\hWYjeh[i Z[ ?cXWXkhW" Z[ijWYŒ gk[ bei ef[hWj_lei ie# b_Y_jWZei ^Wd ZWZe [b h[ikbjWZe [if[hWZe" [dYedjhWdZe W bei c[# deh[i [d fei[i_Œd Z[ ikijWdY_Wi _b‡Y_jWi$ 7Z[c|i Z[ [ije" ^Wo fh[eYkfWY_Œd" fehgk[ lWh_ei [i# jkZ_Wdj[i f[hj[d[Y[d W ]hkfei l_eb[djei gk[ ^Wd WfWh[Y_Ze [d bW Y_kZWZ Z[ ?XWhhW$ 7‹WZ_Œ gk[ ^Wo Wkjeh_ZWZ[i o ZeY[dj[i" gk[ iWX[d gk[ iki
Ä“ĹŠ .2_ĹŠ + "(.ĹŠ .1 +Ä”ĹŠÄƒ2! +ĹŠĹŠ "#ĹŠ ".+#2!#-3#2ĹŠ(-$1 !3.1#2Ä“ĹŠ
Wbkcdei [ij|d _dlebkYhWZei [d WYj_l_ZWZ[i _b‡Y_jW" f[he de f_# Z[d bW _dj[hl[dY_ÂŒd Z[ bW Ă’iYWb‡W e bW feb_Y‡W fWhW [hhWZ_YWh [ijei fheXb[cWi gk[ W^ehW ied Z[ jeZe bei Z‡Wi [d bei Yeb[]_ei$ H[iWbjÂŒ gk[ i_ i[ [ijWXb[Y[ gk[ kd c[deh [ij| [nf[dZ_[dZe [ijkf[\WY_[dj[i" bW iWdY_ÂŒd fe# Zh‡W bb[]Wh ^WijW YkWjhe W‹ei Z[ fh_i_ÂŒd$ Æ:[X[cei [l_jWh o fh[# l[d_h [ij[ j_fe Z[ Z[b_jei" fehgk[ Z[ be YedjhWh_e [d feYe j_[cfe bW Y_kZWZ Z[ ?XWhhW lW W j[d[h Wbj‡# i_cei d_l[b[i Z[ l_eb[dY_W khXW# dWÇ" Ă’dWb_pÂŒ$
#!' Ŋ+~,(3#Ŋ / 1 Ŋ#,/ "1.- 1Ŋ +~-# 2Ŋ,¢5(+#2
Ĺ—ĹŠĹŠĹŠ
BW Ikf[h_dj[dZ[dY_W Z[ J[b[Yeckd_YWY_ed[i _dZ_YÂŒ gk[ c_bbed[i Z[ b‡d[Wi Z[ Y[bkbWh[i fh[fW]e W‘d de [ij|d [cfWZhedWZWi" [b fbWpe fWhW Ykcfb_h [ij[ jh|c_j[ [nf_hW [b + Z[ WXh_b$ 7 fWhj_h Z[b , Z[ WXh_b o ^WijW [b , Z[ `kb_e gk_[d[i de ^WoWd [cfWZhedWZe ik b‡d[W de feZh|d ^WY[h bbWcWZWi d_ [dl_Wh c[diW`[i Z[ j[nje" [d [i[ bWfie kij[Z Yece kikWh_e feZh| ^WY[h [b h[]_ijhe o ^WX_b_jWh dk[lW# c[dj[ bW kj_b_ZWZ Yecfb[jW Z[ ik b‡d[W" W fWhj_h Z[b , Z[ `kb_e gk_[d[i de ^W]Wd [b [cfWZhedWc_[dje f_[hZ[d Z[Ă’d_j_lWc[dj[ ik d‘c[he$
-ĹŠ , 41 ĹŠ3 , (_-ĹŠ 242/#-"#-ĹŠ#+ĹŠ(-(!(.ĹŠ "#ĹŠ!+ 2#2ĹŠ
Ĺ—ĹŠĹŠĹŠ
BWi _dij_jkY_ed[i [ZkYW# j_lWi Z[ ?cXWXkhW gk[ i[ [dYk[djhWd XW`e [b hƒ]_c[d YeijW jWcX_ƒd ikif[dZ_[hed [b _d_Y_e Z[b dk[le W‹e b[Yj_# le" WYWjWdZe bW Z_ifei_Y_ÂŒd ZWZW Z[iZ[ [b C_d_ij[h_e Z[ ;ZkYWY_ÂŒd$ 7 Z[Y_h Z[ Ă›d][b 9Wij_bbe" Z_h[Yjeh Z[ ;Zk# YWY_ÂŒd" [d bW pedW Z[ ĂždjW] [d ZedZ[ i[ kX_YWd [ijWi _dij_jkY_ed[i [ZkYWj_lWi" de i[ ^W h[]_ijhWZe del[ZWZ[i W Yedi[Yk[dY_W Z[ bWi bbkl_Wi f[he WYWjWd bW Z_ifei_Y_ÂŒd dWY_edWb$ ;b f[h_eZe [iYebWh i[ _d_Y_Wh| [b fhÂŒn_ce bkd[i ', Z[ WXh_b$
.,(-%.ĹŠ"#ĹŠ ,.2ĹŠ #-ĹŠ -ĹŠ -3.-(.ĹŠ
Ĺ—ĹŠĹŠĹŠ
:[djhe Z[ bWi WYj_l_ZWZ[i h[b_]_eiWi fhe]hWcWZWi [d IWd 7djed_e Z[ ?XWhhW feh cej_le Z[ bW I[cWdW IWdjW" [ij[ Zec_d]e ' Z[ WXh_b W bW &/0&& i[ Ykcfb_h| bW X[d# Z_Y_Œd Z[ hWcei [d bW fbWpW Z[ IWd 7]kij‡d" bk[]e i[ h[Wb_pWh| bW ieb[cd[ fheY[# i_Œd ^WY_W [b IWdjkWh_e Z[ bW L_h][d Z[ BWi BW`Wi$ FWh# j_Y_fWh|d YkYkhkY^ei Yed [ijWdZWhj[i o bei d_‹ei Z[ bW YWj[gk[i_i h[fh[i[djWh|d Z_\[h[dj[i YkWZhei X‡Xb_Yei$
Ä…
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
7 Ĺ?ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
Ĺ— ĹŠĹŠÄĽ -%#+ÄŚĹŠ"#ĹŠ 4" 2ĹŠ 1(#23ĹŠ , Ĺ— ĹŠĹŠ 43ĹŠ2 "ĹŠ6(-%2ĹŠ 1.4-"ĹŠ,#ĹŠ-.6 ĹŠ ĹŠ Ĺ— ĹŠĹŠ -%#+ĹŠ3 *#ĹŠ,#ĹŠ$ 1ĹŠ 6 8 , Ĺ— ĹŠĹŠ 43ĹŠ2 "ĹŠ6(-%2ĹŠ 1.4-"ĹŠ,#ĹŠ-.6 ĹŠ ,ĹŠ Ĺ—ĹŠ .ĹŠ3' 3ĹŠ6#ĹŠ! -ĹŠ1(2#ĹŠ % (-
Ĺ‹ 5 Ĺ‹ Ĺ‹ Ĺ‹
Ĺ‹ Ĺ‹ ÄˆÄˆĹŠ(-3#%1 -3#2ĹŠ+ 2ĹŠ -" 2ĹŠ,;2ĹŠ+#%#-" 1( 2ĹŠ"#ĹŠ + ĹŠ"_! " ĹŠ"#ĹŠÄˆÄ’Ä?ćŊ5(2(3 -ĹŠ+ ĹŠ1#%(¢-Ä“
ei h[fh[i[djWd# Z[ 9ebb[Yj_l[ Iekb$ ;YkWZeh i[h| bW i[njW fWhWZW j[i Z[ bWi eY^e Z[ bWi XWdZWi c|i Z[ [ijW ]_hW gk[ _d_Y_W [b '/ Z[ _dĂ“ko[dj[i Z[ bW WXh_b [d FWhW]kWo$ EjhWi fWhW# ^_ijeh_W Z[b heYa ZWi ied 8hWi_b" 7h][dj_dW" 9^_b[ [ij|d Z_ifk[ijei o F[h‘$ W h[Yedgk_ijWh ;d cWoe" [b h[Yehh_Ze Z[ bWi Yed iki j[cWi W bei \Wd|j_# b[o[dZWi Z[b heYa Yed# Yei Z[ 7cƒh_YW BWj_dW$ ;d j_dkWh| [d =kWj[cWbW" Gk_je bW fh[i[djWY_ÂŒd [i ĹŠ ĹŠ 9eijW H_YW" FWdWc|" 9e# [b (. Z[ WXh_b [d [b 9eb_i[e becX_W o \_dWb_pWh| [d =[d[hWb Hkc_‹W^k_$
2ĹŠ+.! +(" "#2ĹŠ L[d[pk[bW$ ;d ik f|]_dW Bei Whj_ijWi gk[ fWh# /4#"#-ĹŠ eĂ’Y_Wb Z[ <WY[Xeea" 8WY^ "04(1(12#ĹŠ#-ĹŠ fkXb_YÂŒ gk[ [b YedY_[hje j_Y_fWd [d [ijW Wl[djkhW !4 (!*#3ĹŠ.ĹŠ l[dZ_ÂŒ '& c_b [djhWZWi [d ied =[d[ I_ccedi A_ii " ,#"( -3#ĹŠ#+ĹŠ! ++ĹŠ !#-3#1ĹŠ * Z‡Wi fWhW ik WYjkWY_ÂŒd @e[ ;bb_ejj :[\ B[ffWhZ " ĈđććĊĉđđČĉ [d FWhW]kWo$ Æ=hWY_Wi FW# =b[dd >k]^[i [nc_[c# Xhe Z[ :[[f Fkhfb[ o 8bWYa hW]kWo" lW W i[h _dYh[‡Xb[$ IWXXWj^ " Ij[l[ Ij[l[di Dei l[cei [d WXh_bÇ$ ]k_jWhh_ijW Z[ 8_bbo ?Zeb " I[XWi# 7kdgk[ WYjkWbc[dj[ bW b_ijW j_Wd 8WY^ Wdj_]ke c_[cXhe Z[ Z[ fW‡i[i i[ b_c_jW iÂŒbe W 7cƒh_# Ia_Z Hem " ;Z HebWdZ 9ebb[Yj_l[ YW" bei c‘i_Yei jWcX_ƒd fbWd[Wd Iekb o bei [nc_[cXhei Z[ =kdi l_i_jWh 7i_W o Ă›\h_YW$ DÉHei[i :kĂľ CYAW]Wd" CWjj Ie# hkc o =_bXo 9bWha[$ +ĹŠ1#!(3 + ;d kdW Yed\[h[dY_W Z[ fh[d# 8[bƒd 7YeijW" Z[ J[Wc FheZkY# iW" Iehkc [nfb_YÂŒ gk[ I_ccedi Y_ed[i" [nfb_YW gk[ [b h[f[hjeh_e YWdjWh| Wb]kdei Z[ bei j[cWi Z[ bei c‘i_Yei YedijW Z[ Wfhen_# Z[ A_ii1 8WY^ bei Z[ Ia_Z Hem1 cWZWc[dj[ )& j[cWi f[he [d ;bb_ejj Z[ :[\ B[ffWhZ o HebWdZ YWZW fW‡i h[Wb_pWd kdW i[b[YY_ÂŒd
Z_\[h[dj[$ ;b YedY_[hje ZkhWh| Wfhen_# cWZWc[dj[ Zei ^ehWi o bW XWdZW j[bed[hW jeZWl‡W de [ij| YedĂ’h# cWZW Wkdgk[ J[Wc FheZkYY_e# d[i oW ^W [dl_WZe bW YWhf[jW Z[ jh[i W]hkfWY_ed[i beYWb[i" f[he \WbjW bW WfheXWY_ÂŒd Z[ bei h[fh[# i[djWdj[i Z[b [l[dje$ BW _Z[W Z[b cedjW`[ Z[ [ij[ i^em dWY_ÂŒ Z[b XWj[h_ijW Z[ =kdi DÉ Hei[i gk_[d ^W h[YbkjWZe W bei ejhei Whj_ijWi Z[iZ[ ^WY[ kd W‹e$
.! +(" "#2
2ĹŠ#-31 " 2
Ĺ—ĹŠ ĹŠĹŒÄˆÄŠÄ’ Ĺ—ĹŠ 43 ! ĹŠĹŒÄ’Ä’ Ĺ—ĹŠ 1#$#1#-!( ĹŠĹŒÄ?ÄŽ Ĺ—ĹŠ #-#1 +ĹŠĹŒÄŠÄ‘Ä”ÄŽÄ‡ Ĺ—ĹŠ #-.1ĹŠ5 +.1ĹŠĹŒÄŠÄŽĹŠÄ¸2¢+.ĹŠ/ 1 ĹŠ/1#5#-3 Äš ĹŠ
ĹŠ14#" ĹŠ"#ĹŠ/1#-2 ĹŠ#-ĹŠ666Ä“+ '.1 Ä“!.,Ä“#! '33/Ėľľ666Ä“8.434 #Ä“!.,Äľ 6 3!'Ä&#x;5Ĺž 6 ć Ä´$#" Äœ$# 341#Ĺž8.434Ä“ #
ēŊ #-#Ŋ (,,.-2ĔŊ )(23 Ŋ"#+Ŋ%14/.Ŋ (22ĔŊ2#1;Ŋ4-.Ŋ"#Ŋ+.2Ŋ/ 13(!(Ĺ / -3#2Ŋ"#+Ŋ,#% Ŋ#5#-3.ē
1 Ŋ'.8Ŋ; ". 3 -Ŋ .!*Ŋ 13#Ŋ8Ŋ 4+341 Ŋ -" 2ĖŊ 5 3' 1ĔŊ *#.ĔŊ ., 2 -3 ĔŊ .04#Ŋ #Ŋ 4#" ĔŊ 1(.1 3.ĔŊ .43'#1-Ŋ 1.22ĔŊ 5#-%#1ĔŊ #-341( Ŋ8Ŋ *4++Ŋ 142'#1ē
4% 1Ä–ĹŠ (. , ĔŊ 11(.ĹŠ -ĹŠ .2_ĹŠ "#+ĹŠ 3;-Ä“ (1#!!(¢-Ä–ĹŠ 5#-(" ĹŠ +$.-2.ĹŠ 41 -.ĔŊĉŊ!4 "1 2ĹŠ -3#2ĹŠ"#ĹŠ+ ĹŠ ! -!' ĹŠ!#-31 + .1 Ä–ĹŠÄˆÄˆÄ–Ä‡Ä‡Ä“ +.1ĹŠĹŒÄŠ Ä?ĹŠ"#ĹŠ 1(+
, Ŋ.$Ŋ ."Ŋ8Ŋ 3# 1##"Ŋ#-Ŋ !4 ".1Ŋ -" 2ĖŊ , Ŋ.$Ŋ ."ĔŊ 3# 1##"ĔŊ #2!.,4- +Ŋ8Ŋ /.-#-3#Ŋ -3#1-.ē
4% 1Ä–ĹŠ/ 104# "#1.2ĹŠ"#ĹŠ/1#Äą $#1#-!( ĹŠ"#+ĹŠ 23 "(.ĹŠ +~,/(!.ĹŠ 3 '4 +/ Ä“ (1#!!(¢-Ä–ĹŠÄ?ĹŠ"#ĹŠ (!(#, 1#ĹŠ8ĹŠ !(.-#2ĹŠ -(" 2 .1 Ä–ĹŠÄˆÄ?ĖĊć +.1Ä–ĹŠĹŒÄŽÄˆĹŠ/1#5#-3 ĹŠ8ĹŠĹŒÄ?ÄˆÄ“ĹŠ
+¢-ĹŠ/.1ĹŠ/1(,#1 ĹŠ5#9ĹŠ#-ĹŠ !4 ".1 BW XWdZW Wh][dj_dW Z[ J^hWi^ C[jWb" CWbÂŒd" l_i_jWh| [b fW‡i [d ik ]_hW Z[ h[W]hkfWY_ÂŒd Yed bei _dj[]hWdj[i eh_]_dWb[i0 9bWkZ_e EÉ 9eddeh" JWde He# cWde" AWhbei 9kWZhWZe o FWje Ijhkdp$ ;d ik f|]_dW M[X eĂ’Y_Wb" bW XWdZW Wh][dj_dW i[ fkXb_YÂŒ W _d_Y_ei Z[ cWhpe gk[ ;YkWZeh \k[ [b fh_c[h fW‡i YedĂ’hcWZe Z[ 7cƒh_YW BWj_dW fWhW [b i^em ĂˆCWbÂŒd0 bW h[kd_ÂŒd$ Jekh (&'(É$ ÆIWX[cei gk[ dk[ijhei \Wdi ^Wd [if[hWZe feh c|i Z[ Zei ZƒYWZWi feh [ij[ cec[dje ^_i# jÂŒh_Ye$ 9edleYWcei W jeZei bei c[jWb[hei W bb[dWh ;b J[b[\ƒh_Ye o i[dj_h `kdje W deiejhei [iW fW# i_ÂŒd [dehc[ gk[ dei kd[ feh [b ^[Wlo c[jWbÇ" i[ fkXb_YÂŒ [d bW f|]_dW" f[he WYjkWbc[dj[ [b Yed#
Y_[hje [ij| YedĂ’hcWZe fWhW h[W# b_pWhi[ [d [b Ă›]ehW Z[ bW 9WiW Z[ bW 9kbjkhW [b '/ Z[ cWoe W fWhj_h Z[ bWi '/0&&$ 1 8#!3.1( CWbÂŒd [i kdW W]hkfWY_ÂŒd \kd# ZWZW [d '//+" gk[ jkle kd Yeh# je jhWo[Yje ^WijW gk[ i[ i[fWhÂŒ W fh_dY_f_ei Z[ '//.$ BW XWdZW lebl_ÂŒ W kd_hi[ [d ejhWi eYWi_e# d[i [ifeh|Z_YWi f[he de \k[ i_de ^WijW (&'' YkWdZe bW W]hkfWY_ÂŒd WdkdY_ÂŒ gk[ lk[bl[ Z[Ă’d_j_lW# c[dj[ Yed bW \ehcWY_ÂŒd eh_]_dWb$ Bk[]e" [b '. Z_Y_[cXh[ h[Wb_pÂŒ ik fh_c[h i^em [d [b ;ijWZ_e CWb# l_dWi [d 7h][dj_dW$ BW XWdZW [i fheZkYje Z[ bW Z_iebkY_ÂŒd Z[ >[hcƒj_YW" Ykoei [n_dj[]hWdj[i Yed\ehcWhed Zei dk[lWi XWdZWi0 7bcW\k[hj[" Yed
Ŋ Ŋ 1 Ŋ!.-.!#1Ŋ,;2Ŋ2. 1#Ŋ+ Ŋ -" Ŋ5(2(3#ĖŊ '33/Ėľľ666ē, +.-!., 3(5.ē!.,ľ
#!(3 +
.2ĹŠ"#3 ++#2 ĹŠ ĹŠ#-31 " 2ĹŠ#23;-ĹŠ ĹŠ+ ĹŠ5#-3 ĹŠ"#2"#ĹŠ#+ĹŠ Ĺ—+4-#2ĹŠÄˆÄ‰ĹŠ"#ĹŠ, 19.ĹŠ8ĹŠ+.2ĹŠ/4-3.2ĹŠ"#ĹŠ5#-3 ĹŠ
2.-ĖŊ #3 +Ŋ #-3#1ĔŊ 1# Ŋ #%1 ĔŊ 18Ŋ 8Ŋ 3 33..Ŋ8Ŋ 4-".Ŋ .!*ē
ĹŠ +ĹŠ#2/#!3;!4+.ĹŠ2#1;ĹŠ#-ĹŠ#+ĹŠ:%.1 ĹŠ"#ĹŠ+ ĹŠ Ĺ— 2 ĹŠ"#ĹŠ+ ĹŠ 4+341 ĹŠ 1#!(.2Ä–ĹŠ +¢-ĹŠ .7ĹŠĹŒÄŽÄ‡Ä”ĹŠ #-#1 +ĹŠĹŒÄ‰ÄŠĹŠ8ĹŠ Ĺ— ĹŠĹŒÄŠÄŽÄ“
H_YWhZe ?eh_e o CWbÂŒd Yed [b h[i# je Z[ c_[cXhei$
¥ ēŊ +¢-Ŋ1#3.,¢Ŋ24Ŋ +(-# !(¢-Ŋ.1(%(- +Ŋ"#2/4_2Ŋ"#Ŋ4- Ŋ+ 1% Ŋ 2#/ 1 !(¢-ē
- 4%41 -ĹŠ ".04(- ".ĹŠ#-ĹŠ 4(!'(-!'#ĹŠ
ēŊ  - Ŋ +Ŋ,#"(."~ Ŋ#23;Ŋ/1#5(23 Ŋ+ Ŋ(- 4%41 !(¢-Ŋ"#Ŋ+ Ŋ. 1 Ŋ"#Ŋ ".04(- ".Ŋ04#Ŋ2#Ŋ!4,/+(¢Ŋ#-Ŋ#+Ŋ!#-31.Ŋ
/. + ".ĹŠ"#ĹŠ+ ĹŠ/ 11.04( ĹŠ"#ĹŠ 4(!'(-!'#Ä“ĹŠ .2ĹŠ31 ).2ĹŠ2#ĹŠ!4,/+(#1.-ĹŠ!.-ĹŠ4-ĹŠ,.-3.ĹŠ /1.7(, ".ĹŠ ĹŠÄˆÄ‡Ä‡ĹŠ,(+ĹŠ"¢+ 1#2ĔŊ "#ĹŠ+.ĹŠ!4 +ĹŠ+.2ĹŠ!.,4-#1.2ĹŠ3 , (_-ĹŠ/42(#1.-ĹŠ24ĹŠ!.-31 / 13#Ä“ĹŠĹŠ
7 Ĺ? ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
- $ Ĺ‹()Ĺ‹. ( ,6Ĺ‹#( , ' (.)Ĺ‹ (Ĺ‹ ,#&Ĺ‹ )')Ĺ‹- Ĺ‹ (/( # +ĹŠ%1#,(.ĹŠ"#ĹŠ+ ĹŠ31 -2/.13 !(¢-ĹŠ2#ĹŠ, -Äą 3(#-#ĹŠ#-ĹŠ!.-5#12 !(.-#2ĹŠ!.-ĹŠ+ 2ĹŠ 43.1(Äą " "#2Ä“ĹŠ ĹŠ -'#+ " ĹŠ +9 ĹŠ-.ĹŠ2#ĹŠ /+(! 1;Ä“ĹŠ iW" fh[i_Z[dj[ Z[ bW 9eef[hWj_lW j[ W‘d j[dZh| gk[ [if[hWh feh Z[ JhWdifehj[i EjWlWbe" c[dY_e# [b Wkc[dje Z[b (+ Wb Yeije Z[b dÂŒ gk[ Z[iZ[ ^WY[ W‹ei fh[i_e# fWiW`[ gk[ i[ be ^WX‡W WdkdY_WZe dWd Wf[he de j_[d[d dWZW eĂ’Y_Wb fWhW [b fh_c[he Z[ WXh_b$ JeZWl‡W gk[ bei h[ifWbZ[$ ÆDe feZh‡W Wi[# de j_[d[d Z_ifei_Y_ed[i Z[ l[hWh e Z[Y_h i[ lW W ikX_h YeXhWh kdW dk[lW jWh_\W ĹŠĹŠ bei fWiW`[i$ BW h[l_i_ÂŒd Z[ f[i[ W gk[ [n_ij[ kd WYk[h# bei Yeijei [i kd f[Z_Ze Z[ jeZeiÇ" h[iWbjÂŒ$ Ze Ă’hcWZe Yed bW 7][d# ;bbei WZ[c|i Wh]k# Y_W DWY_edWb Z[ Jh|di_je (#%.ĹŠ .3.ĔŊ /1#2("#-3#ĹŠ"#+ĹŠ 7DJ o bW <[Z[hWY_ÂŒd Z[ 1#-3#ĹŠ ./4+ 1ĹŠ c[djWd gk[ [d bW WYjkWb_# 41 ĔŊ JhWdifehj_ijWi ?dj[hfhe# "#ĹŠ , "().ĹŠ04#ĹŠ4-.ĹŠ"#ĹŠ ZWZ Ykcfb[d Yed bW B[o W +.2ĹŠ+.%1.2ĹŠ"#ĹŠ+ ĹŠ l_dY_Wb[i$ Bei Z_h_][dj[i hW`WjWXbW fk[i iÂŒbe jhWibW# , 1!' ĹŠ/.1ĹŠ+ ĹŠ Z[ bW jhWdifehjWY_ÂŒd i[ "(%-(" "ĔŊ+ ĹŠ5(" ĹŠ ZWd W bei fWiW`[hei i[djW# cWd[`Wd Yed i_]_be fk[i 8ĹŠ#+ĹŠ %4 ĹŠ$4#ĹŠ+ ĹŠ Zei$ 242/#-2(¢-ĹŠ"#+ĹŠ de gk_[h[d fhedkdY_Whi[ +9 ĹŠ"#ĹŠ+.2ĹŠ/ 2Äą )#2Ä“ĹŠ .1ĹŠ#++.ĹŠĹŠ! +Äą 1 -04(+(" "ĹŠ Wb h[if[Yje$ ($(! 1.-ĹŠ ĹŠ+ ĹŠ Ă›d][b >_de`eiW" fh[i_# ,.5(+9( !(¢-ĹŠ Bei kikWh_ei Z[b i[hl_Y_e !.,.ĹŠ/1.5#!'.Äą Z[ jhWdifehj[ f‘Xb_Ye ied Z[dj[ Z[ bW Kd_ÂŒd Fhel_d# 2 Ä“ĹŠĹŠ gk_[d[i i[ cWdj_[d[d W bW Y_Wb Z[ JhWdifehj[ F‘Xb_Ye [nf[YjWj_lW Z[ bW Wdkd# Z[ ?cXWXkhW" Yec[djÂŒ gk[ i[ cWdj_[d[d [d Yedl[hiWY_ed[i Y_WZW WbpW$ @eWgk‡d D‘‹[p" l_W# Yed bW C_d_ijhW Z[ JhWdifehj[ o `W W Z_Wh_e Z[iZ[ EjWlWbe W IWd [b :_h[Yjeh DWY_edWb Z[ bW 7DJ 7djed_e feh ik jhWXW`e" ƒb c[d# feh [b j[cW Z[ bei fWiW`[i o i[ [i# Y_edÂŒ gk[ Z[ _d_Y_e i[ _dgk_[jÂŒ f[hW h[iebkY_ed[i YedYh[jWi$ Be Yed [b WdkdY_e Z[b WbpW f[he Z_Y[ gk[ Z[`ÂŒ YbWhe [i gk[ [b WbpW de i[ gk[ [d bei ‘bj_cei Z‡Wi [b j[cW Wfb_YWh| Z[iZ[ cW‹WdW$ gk[ZÂŒ [d ikif[die feh be gk[ ;b ]h[c_e _di_ij[ gk[ Z[iZ[ [b Yh[[ gk[ de i[ Wfb_YWh| bW dk[lW (&&) [b lWbeh Z[b fWiW`[ gk[ZÂŒ jWiW$ ;b Yh_j[h_e Z[ bei fWiW`[hei [i Yed][bWZe o [d bW WYjkWb_ZWZ [b Yeije Z[ bei WYY[ieh_ei o h[fk[i# i_c_bWh fk[i dWZ_[ YedeY[ Z[b jei h[]_ijhW kd _dYh[c[dje Z[b j[cW f[he jeZei Ye_dY_Z[d [d gk[ ^WXh| gk[ [if[hWh bWi fhÂŒn_# )&& $ Feh ik fWhj[" 7b\edie >[hce# cWi i[cWdWi W l[h gk[ eYkhh[$
%+.,#1 !(¢-Ŋ#-Ŋ, Ĺ 31(!4+ !(¢-Ŋ5#'(!4+ 1Ŋ
Ĺ—ĹŠĹŠ
ĹŠ
Ä› BW Ă’dWb_pWY_ÂŒd Z[b c[i WY[b[hÂŒ [b h_jce Z[ jhWXW`e [d bWi eĂ’Y_dWi YWdje# dWb[i Z[ bW 7][dY_W DWY_edWb Z[ Jh|di_je fk[i Wo[h i[ dejÂŒ [nY[i_lW W]bec[hWY_ÂŒd Z[ kikWh_ei$ Bei fhef_[# jWh_ei Z[ l[^‡Ykbei YkoW fbWYW j[hc_dW [d Z‡]_je ( j[d‡Wd fbWpe ^WijW Wo[h fWhW cWjh_YkbWh iki l[^‡Ykbei i_d d_d]kdW h[YWh]W$ BW Ă’bW Z[ kikWh_ei i[ h[]_ijhÂŒ ^WijW bei [nj[h_eh[i$
ěŊ;b ]h[c_e Z[b jhWdifeh#
., #1.2ĹŠ 1#%1#2 -ĹŠ, Â - ĹŠ
Ĺ—ĹŠĹŠ
ēŊ +Ŋ +9 Ŋ"#Ŋ/ 2 )#2Ŋ04#"¢Ŋ242/#-"(" ēŊ .2Ŋ31 -2/.13(23 2Ŋ#2/#1 -Ŋ 04#Ŋ2#Ŋ+.%1#Ŋ4-Ŋ !4#1".Ŋ$ 5.1 +#Ŋ!.-Ŋ+ 2Ŋ 43.1(" "#2Ŋ8Ŋ"#-Ŋ/ 2.Ŋ +Ŋ/#"(".Ŋ"#Ŋ (-!1#,#-3.ēŊ
&Ĺ‹ Ĺ‹ (., !šŋ(/ 0)-Ĺ‹- ,0# #)-Ĺ‹#(. !, )-Ĺ‹ BWi ceZ[hdWi _dijWbWY_ed[i" Wi‡ Yece bei dk[lei i[hl_Y_ei Z[ bW 9ehfehWY_ÂŒd DWY_edWb Z[ J[b[# Yeckd_YWY_ed[i 9DJ \ehcWd fWhj[ Z[ bei i_ij[cWi _dj[]hW# Zei Z[ i[hl_Y_ei gk[ i[ [djh[# ]Whed Wo[h W bei ejWlWb[‹ei [d kd [l[dje i_cXÂŒb_Ye$ 7Z[c|i" ejeh]Whed /&& fk[hjei Z[ ?d# j[hd[j XWdZW WdY^W fWhW bW Y_k# ZWZ o bW pedW hkhWb$ CWkh_Y_e 8W^WcedZ[" Z_h[Y# jeh h[]_edWb Z[ bW 9DJ" [nfb_YÂŒ gk[ bW _dl[hi_ÂŒd WiY_[dZ[ W (&& c_b ZÂŒbWh[i [d bei YWdjed[i Z[ 7djed_e 7dj[" 9ejWYWY^_" ?XW# hhW o EjWlWbe$ C[dY_edÂŒ gk[ e\h[Y[d kdW i[h_[ Z[ dk[lei i[hl_Y_ei Z[ Yeckd_YWY_ÂŒd [d lep" ZWjei [ _cW][d$ Æ;d EjWlW# be [n_ij[d '( c_b kikWh_ei [d j[b[\ed‡W cÂŒl_b$ FWhW bWi pedWi Wb[`WZWi YedjWcei Yed [b fbWd Z[ j[b[\ed‡W hkhWb 9:C7*+& gk[ W c|i Z[ h[ikbjWh h[djWXb[ [i kd i[hl_Y_e ieY_WbÇ" W‹WZ_ÂŒ$
Ć
ĹŠ
Ä› Bei '+ YWiWYW he`W Z[b YWdjÂŒd h[jehdWh|d ^eo Z[iZ[ BW]e 7]h_e bk[]e Z[ fWhj_Y_fWh [d bW i[njW cel_b_# pWY_ÂŒd Z[ ]hkfei" X‘igk[ZW o h[iYWj[ [d [ijhkYjkhWi YebWfiWZWi gk[ Ykbc_dÂŒ Wo[h$ ;ijW WYj_l_ZWZ i[ Ykc# fb_ÂŒ Yed [b Ă’d Z[ [lWbkWh bW WYjkWY_ÂŒd Z[ bei ]hkfei Z[ ieYehhe$
&/8% '(3257,92 ´7(2'252 *�0(= '( /$ 7255(¾
&2192&$725,$
Ä“ĹŠ 2ĹŠ-4#5 2ĹŠ(-23 + !(.-#2ĹŠ"#ĹŠ ĹŠ8 ĹŠ#-31 1.-ĹŠ#-ĹŠ$4-!(.- ,(#-3.ĹŠ #-ĹŠ 3 5 +.Ä“ĹŠ
;d bW _dWk]khWY_ÂŒd HW\W[b F[hk]WY^_" [d h[fh[i[djWY_ÂŒd Z[ bW Yeckd_ZWZ Z[ F_`Wb" h[iWb# jÂŒ bW _cfehjWdY_W Z[ YedjWh Yed kdW b‡d[W j[b[\ÂŒd_YW f[he jWc# X_ƒd Wfhel[Y^ÂŒ fWhW ieb_Y_jWh ?dj[hd[j fWhW ik pedW$ Æ;d bWi Yeckd_ZWZ[i Wi‡ Yece [d bWi
Y_kZWZ[i gk[h[cei [b c_ice i[hl_Y_eÇ" Z_`e [b Yeckd[he$ :[djhe Z[ bWi h[delWZWi _di# jWbWY_ed[i YedijWd0 bWi l[djWd_# bbWi Z[ h[YWkZWY_ÂŒd" Wj[dY_ÂŒd Wb Yb_[dj[ o |h[Wi Z[ d[]eY_ei Yed ?dj[hd[j o Wi_ij[dY_W jƒYd_YW ]hWjk_jW$
! # $!& $% #% $% %&% & ! #% ' # + ) ! # % ' # $ (%# # # "& % #* & # $* # $ & ' $& $ , !# # + # % # % % %
§ ć 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
7 Ĺ?ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
ÄĄ +ĹŠ +! +"#ĹŠ -ĹŠ/.+~3(! ĹŠ #23;ĹŠ1."# ".ĹŠ 2.-ĹŠ+.2ĹŠ "#ĹŠ 2#2.1#2ĹŠ ,#"(.2ĹŠ+.2ĹŠ 8ĹŠ#,/+# ".2ĹŠ04#ĹŠ 04#ĹŠ"# #-ĹŠ 2.+ ,#-3#ĹŠ+#2ĹŠ(-Äą )423(ă! 1ĹŠ#+ĹŠÄƒ-Ģē ĹŠ ĹŠ 3#1#2 ĹŠ!4(" 1ĹŠ#+ĹŠ /4#23.Ģ ĹŠ :
ĹŠ ĹŠ
ĹŠ5#1" "
BW CWhY^W feh [b 7]kW" bW L_ZW o bW :_]d_ZWZ Ykbc_dÂŒ [b Z‡W (( Yed kdW _cfed[dj[ cel_b_pWY_ÂŒd [d Gk_je" o Yece h[ifk[ijW Wb fh[i_Z[d# j[ Z[ bW H[f‘Xb_YW de i[ b[ eYkhh_ÂŒ ejhW YeiW gk[ Z[Y_h gk[ \k[ kd \hWYWie$ 7i[l[# hWY_ed[i Z[ [i[ j_fe" gk[ de \WbjWd [d [b Z_iYkhie eĂ’Y_Wb o [nfh[iWd fh[fej[dY_W o Z[ifh[Y_e" fheleYWd fƒhZ_ZW Z[ Yh[Z_X_b_ZWZ [d HW\W[b 9ehh[W$ De feZ‡W [if[hWhi[ kdW h[WYY_ÂŒd Z_\[h[dj[ i_ Z[i# Z[ kd _d_Y_e ik [ijhWj[]_W Yeckd_YWY_edWb [ijkle eh_[djWZW W c_d_c_pWh [b d‘# c[he Z[ cWhY^_ijWi" W c|i Z[ j_f_Ă’YWh ik WYY_ÂŒd Yece Wdj_Z[ceYh|j_YW" ]ebf_ijW o Ă’dWdY_WZW feh ]hkfei Z[ Z[# h[Y^W$ F[he Wb YedjhWh_e Z[ be gk[ [b ]eX_[hde fh[j[dZ[ ^W# Y[h Yh[[h" bW `ehdWZW _d_Y_WZW [b fWiWZe . Z[ cWhpe cWhYW kd fkdje cko _cfehjWdj[ [d bW h[WYj_lWY_ÂŒd o Z[iW# hhebbe Z[b cel_c_[dje ieY_Wb [YkWjeh_Wde gk[ YecXWj[ bW feb‡j_YW Wdj_fefkbWh o Wdj_# Z[ceYh|j_YW Z[b hƒ]_c[d$ :khWdj[ bei Zei f[h_eZei fh[i_Z[dY_Wb[i Z[b Yehh[‡i# ce" ^W j[d_Ze bW YWfWY_ZWZ Z[ fed[h o YWcX_Wh bW W][dZW feb‡j_YW Z[b fW‡i Z[ WYk[hZe W iki d[Y[i_ZWZ[i [ _dj[h[i[i1 W^ehW [b cel_# c_[dje ieY_Wb eh]Wd_pWZe bb[# lÂŒ W bW ieY_[ZWZ [YkWjeh_WdW W Z_iYkj_h kd j[cW YWdZ[dj[ Yece bW feb‡j_YW c_d[hW Z[b ]eX_[hde " Y[djhÂŒ bW [nf[YjW# j_lW dWY_edWb [d jehde W gkƒ eYkhh_h‡W [d Gk_je [b Z‡W (( o bb[lÂŒ Wb Fh[i_Z[dj[ Z[ bW H[# f‘Xb_YW o ik WfWhWje feb‡j_Ye W kdW WYj_jkZ Z[\[di_lW$ I_ Wb]e \hWYWiÂŒ [d [ijei Z‡W \k[ bW [ijhWj[]_W Wdj_ cWhY^W [bWXehWZW feh [b =eX_[hde gk[ fkie [d `k[]e bW WYj_l_# ZWZ Z[ lWh_ei c_d_ij[h_ei" i[Yh[jWh‡Wi o Z[b c_ice fh[# i_Z[dj[ 9ehh[W" o jkle Yece fhefÂŒi_je0 _cf[Z_h gk[ bW CWhY^W feh bW L_ZW ]Wd[ i_cfWj‡W o WZ^[i_ÂŒd$ ĹŠ 4(".ĹŠ 1.  .ĹŠ 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#+_$.-.ĹŠÄ¸Äƒ).ĚėŊ"(1#!!(¢-ĹŠ".,(!(+( 1( ĹŠ .ĹŠ"#ĹŠ31 ).ĹŠ8ĹŠ!.11#.ĹŠ#+#!31¢-(!.Ä“
Ĺ‹ Ĺ‹Y
Iehfh[i_lW [ _dj[cf[ij_lWc[dj[ Z[Y[dWi Z[ jhW# XW`WZeh[i Z[ YkWjhe ^eif_jWb[i f‘Xb_Yei Z[b fW‡i" Wb bb[]Wh W iki fk[ijei Z[ jhWXW`e i[ [dj[hWhed gk[ [ijWXWd Z[if[Z_Zei$ I[ jhWjW Z[b f[hiedWb Z[ bWi |h[Wi Z[ bWlWdZ[h‡W" b_cf_[pW" Wb_c[djWY_ÂŒd o l_]_# bWdY_W Z[ bei ^eif_jWb[i 8WYW Ehj_p" [d Gk_je1 L[hZ_ 9[lWbbei" Fehjel_[`e1 7X[b =_bX[hj" [d =kWoWgk_b" o @eiƒ CWh‡W L[bWiYe ?XWhhW" [d J[dW$ De i[ iWX[ i_ i[h|d _dYbk_Zei ejhei ^eif_jWb[i$ Bei Z[if[Z_Zei Z[X[h|d WYkZ_h W bW ?dif[Yjeh‡W Z[ JhWXW`e W \_hcWh [b WYjW Z[ \_d_gk_je gk[ b[i Yehh[ifedZW$ :[ WYk[hZe Yed [b Yeckd_YWZe e\_Y_Wb Z[b YWie " YWZW kde Z[h| _dZ[cd_pWZe i[]‘d iki W‹ei Z[ jhWXW`e$ I[ Z_Y[ gk[" [d fhe# c[Z_e" h[Y_X_h|d -&$&&& ZÂŒbWh[i feh YWZW kde$ ÂľI[h| Y_[hje5 ;i Z[ [if[hWh gk[ i‡$ BWi Wkjeh_ZWZ[i _d\ehcWhed gk[ [ijei Z[i# f_Zei \ehcWd fWhj[ Z[ Ækd fheY[ie Z[ [nj[h#
ĹŠ
)(-.#./ #š(Ĺ‹ /#. ˜ Ĺ‹ ŋÝĂÝß ;d bei Z_l[hiei WYjei fWhW Y[b[# XhWh [b X_Y[dj[dWh_e Z[ bW 9edi# j_jkY_ÂŒd Z[ '.'(" Wb]kdei Wif[Y# jei gk[ heZ[Wd ik h[ZWYY_ÂŒd o WfheXWY_ÂŒd" Wi‡ Yece fkdjei \kdZWc[djWb[i Z[ ik j[nje ^Wd i_Ze ieibWoWZei e c[dY_edWZei Wb fWie" i_d Z[j[d[hi[$ ;b Fh[# i_Z[dj[ Z[ bW @kdjW" Wkjeh Z[ bW YedleYWjeh_W W 9ed]h[ie 9edi# j_jko[dj[ \k[ [b eX_ife Z[ Gk_je" @eiƒ 9k[he o 9W_Y[Ze$ Bei Wkjeh[i Z[ bei jh[i fheo[Y# jei fh[i[djWZei \k[hed iWY[hZe#
dWb_pWY_ÂŒd Z[ bei i[hl_Y_ei ][d[hWb[iÇ$ ;i Z[Y_h" gk[ [ijWh|d W YWh]e Z[ [cfh[iWi fh_lWZWi" i[]‘d YWZW YWie$ >WijW W^ehW jeZe i[ cWdjkle [d i[Yh[je" i[]‘d Z_`[hed lWh_ei Z[ bei W\[YjW# Zei$ ÂľFeh gkƒ jWdje i_]_be5 Âľ7 gk_ƒd j[c‡Wd bWi Wkjeh_ZWZ[i Z[b C_d_ij[h_e Z[ IWbkZ5 ÂľFeh gkƒ Z[ifkƒi Z[ bW CWhY^W feh bW :_]d_ZWZ5 BW dej_\_YWY_ÂŒd [ijkle Z_h_]_ZW _dZ_ij_djW# c[dj[ W jhWXW`WZeh[i Z[ lWh_ei W‹ei Z[ i[hl_# Y_e$ BW [ijWX_b_ZWZ bWXehWb" ejhehW kde Z[ bWi XWdZ[hWi e\_Y_Wb_ijWi [d j_[cfei Z[ YWcfW‹Wi [b[YjehWb[i" [i kd XWhYe gk[ Z[iZ[ ^WY[ Wb]‘d j_[cfe Yec_[dpW W ^WY[h W]kW$ ;b Z[iWcfWhe Z[ bei jhWXW`WZeh[i" Wdj[ bW Wki[dY_W Z[ i_dZ_YWjei gk[ bkY^[d feh iki Z[h[Y^ei" [i [l_Z[dj[$ ;\[Yj_lWc[dj[" [ijW# cei Wdj[ kd YWcX_e Z[ ƒfeYW$
j[i0 C_]k[b 7djed_e HeZh‡]k[p" Ykoe j[nje \k[ [b [iYe]_Ze" 9Wb_nje C_hWdZW o CWdk[b @eiƒ =k_iWZe" Wi‡ be Wi_[djW @kb_e JeXWh :edeie [d ik eXhW ieXh[ bWi Yedij_jkY_e# d[i [YkWjeh_WdWi$ BW 9edij_jkY_ÂŒd WfheXWZW feh bei Z_fkjWZei [dl_W# Zei Z[iZ[ Wb]kdWi feXbWY_ed[i Z[ bW I_[hhW 9[djhWb o Dehj[" fk[i Z[ bWi ejhWi h[]_ed[i de bb[]Whed feh Z_l[hiWi hWped[i" i[ bbWcW ÆFWYje ieb[cd[ Z[ ieY_[ZWZ o kd_ÂŒd Z[ bWi fhel_dY_Wi gk[ Yed\ehcWd [b ;ijWZe Z[ Gk_jeÇ$ 7bb‡ i[ Wi_[djWd fh_dY_f_ei lW# b_ei‡i_cei gk[ de i[ Z[X_[hWd eb# l_ZWh dkdYW$ C[ Z[j[d]e [d kde0 dk[ijhei Z[h[Y^ei fhel_[d[d Z[ :_ei" ÆYece Wkjeh Z[ bW dWjkhW# b[pWÇ" [d Yedi[Yk[dY_W ied _hh[# dkdY_WXb[i o de fk[Z[d fh[iYh_# X_h `Wc|i$ Dk[ijhWi b_X[hjWZ[i de ied YedY[i_ed[i Z[b ;ijWZe e fheZkYje Z[ kdW cWoeh‡W Z[ le# jWdj[i" fk[i" i_ Wi‡ \k[hW" [d kd cec[dje ZWZe" e [b ;ijWZe e bW cWoeh‡W dei feZh‡Wd Whh[XWjWh e
b_c_jWh Wb]kdW Z[ [bbWi$ ;b ÆFWYjeÇ WĂ’hcW0 Æ[b Ă’d Z[ jeZW WieY_WY_ÂŒd feb‡j_YW [i bW Yedi[hlW# Y_ÂŒd Z[ bei iW]hWZei Z[h[Y^ei Z[b ^ecXh[Ç$ ;d Yedi[Yk[dY_W" jeZe [ijWZe gk[ b_c_jW Z[ cWd[hW ]hW# l[ [b [`[hY_Y_e Z[ [iei Z[h[Y^ei "de Ykcfb[ Yed ik Ă’d o Z[X[h| i[h h[\ehcWZe$ >WY[ ZeiY_[djei W‹ei [b fheXb[cW Yedi_ij‡W [d [d\h[d# jWhi[ W Wgk[bbei gk[ ieij[d‡Wd bW [n_ij[dY_W Z[ Zei ]hkfei ^kcW# dei0 kdei X[d[Ă’Y_Wh_ei Z[ jeZei bei Z[h[Y^ei o ejhei Yed [`[hY_Y_e b_c_jWZe Z[ [bbei0 feh [ie i[ Z_e bW ?dZ[f[dZ[dY_W$ Kd h[Wb_ijW bb[]ÂŒ W W\_hcWh gk[ i_ [d ;ifW‹W gk[ZWXW kd iebe [ifW‹eb" Wkdgk[ \k[i[ d_‹e e Z[c[dj[" W ƒb b[ Yehh[ifedZ‡W ]eX[hdWh W 7cƒh_YW$ Bei Z_fk# jWZei de feZ‡Wd WY[fjWhbe" fk[i oW Z[iZ[ [b i_]be NL?? [b `[ik_jW Ik|h[p ^WX‡W ieij[d_Ze gk[ bW ieX[hWd‡W Z[iYWdiW [d jeZW bW Yeckd_ZWZ$ !$1#(+#Äž+ '.1 Ä“!.,Ä“#!
ĹŠ ^ ĹŠ ĹŠ ÄŠĹŠ
Ĺ‹#(# # Ĺ‹ & Ĺ‹ ' ( Ĺ‹ (. 9ed bW Y[b[XhWY_ÂŒd Z[b :ec_d]e Z[ HWcei o [b @kX_b[e Z[ bei `ÂŒ# l[d[i gk[ fWhj_Y_fWd [d [b I[i# gk_Y[dj[dWh_e Z[ bW [h[YY_ÂŒd Z[ dk[ijhW Z_ÂŒY[i_i" ZWcei _d_Y_e W bW I[cWdW CWoeh gk[ j_[d[ bW ?]b[i_W" bW I[cWdW IWdjW$ De feZ[cei Yedl[hj_hbW l[h]edpe# iWc[dj[ [d ejhe YWhdWlWb ZWd# Ze h_[dZW ik[bjW W bW iWj_i\WYY_ÂŒd Z[ bW YWhd[" jWb Yece ^WY‡Wd bei ]h_[]ei o bei hecWdei [d bei \W# ceiei XWYWdWb[i o iWjkhdWb[i$ BW I[cWdW j_[d[ gk[ i[h ÆIWdjWÇ" kd [ifWY_e fWhW :_ei" fWhW ^WY[h jkh_ice _dj[h_eh XkiYWdZe ÆbW fbWoW Z[b YehWpÂŒdÇ o de bW gk[ e\h[Y[ [b ckdZe$ Kd j_[cfe gk[ dei bb[l[ Wb Y[djhe Z[ dk[ijhW \[" Wb c_ij[h_e fWiYkWb Z[ 9h_ije ck[hje o h[ikY_jWZe$ Kd j_[cfe fWhW ZWh XWhh_ZW W jeZW bW XWikhW gk[ bb[lWcei Z[djhe$ Kd j_[cfe fWhW h[ij_jk_h [b ^edeh o bW Z_]d_ZWZ gk[ i[ b[ ^W gk_jWZe Wb ejhe _d`kijWc[dj[" Wb gk[ i[ be ^W WjWYWZe [d ik Wk# i[dY_W" Yec[j_[dZe bW c|i Wjhep YeXWhZ‡W i[c[`Wdj[ Wb gk[ ^_[# h[ feh bW [ifWbZW$ ;i kd j_[cfe fWhW Z[ij[hhWh bW cWb[Z_Y[dY_W gk[ ik[b[ dWY[h Z[ bW b_][h[pW e Z[ bW [dl_Z_W$ ;i fWhW h[l_iWh bWi YWX[pWi ^k[YWi o bei YehWped[i c[pgk_dei gk[ gk_[h[d WbYWd# pWh bW \WcW" [iYWdZWb_pWdZe W bei Z[c|i$ ;i kd j_[cfe fWhW Z[ij[hhWh [b WcX_[dj[ Yehhkfje" bWi c_hWZWi bWiY_lWi o bei f[diW# c_[djei Z[ibWoWZei$ ;i kd j_[c# fe fWhW h[ijWkhWh [b h[if[je o [b i[dj_Ze Z[ bW h[ifediWX_b_ZWZ" [d Ă’d$$$ bW I[cWdW IWdjW [i kd j_[cfe fWhW WY[hYWhi[ W :_ei Yed kd YehWpÂŒd Yedjh_je" ^kc_# bbWZe o Yedl[hj_Ze$ De i[ jhWjW Z[ ZWh fWbei Z[ Y_[]ei" Z[ Z[ijhk_h feh Z[i# jhk_h" Z[ ZeXbWh bW YWX[pW Yece kd `kdYe$ I[ jhWjW \kdZWc[d# jWbc[dj[" Z[ XkiYWh be fei_j_le" bW Yedl[hi_ÂŒd" [b f[hiedWb_ice Yh_ij_Wde" fWhW iWb_h Z[b ÆYb_[dj[# b_ice cWi_Ă’YWZehÇ gk[ ]kijW Z[ bW cW]_W" Z[ be YÂŒceZe$
1#2("#-3#ĹŠ !(.- + ĹŠ ĹŠ } (1#!3.1 ĹŠ ")4-3
ĹŠ ÂĄ ĹŠ (1#!3.1
ĹŠ ĹŠ "(3.1ĹŠ #%(.- + ĹŠ "(3.1( +ĹŠ (-.3 41.ĹŠ Ä“ Ä“ 11 Ä–ĹŠ #)~ ŊĊĎćŊ#-31#ĹŠ 4!1#ĹŠ8ĹŠ .! $4#13#Ä“ #+_$.-.ĖŊĉĒĎĹÄ?ĎćĉŊ , (+Ä–ĹŠ( 11 Äž+ '.1 Ä“!.,Ä“#! 3 5 +.Ä–ĹŠ 4!1#ĹŠ#-31#ĹŠ +(- 2ĹŠ8ĹŠ .1 +#2Ä“ ĹŠ #+_$.-.Ä–ĹŠÄ‰Ä’Ä‰ÄąÄŽÄŒÄ?Ä?ĹŠ , (+Ä–ĹŠ.3 5 +.Äž+ '.1 Ä“!.,Ä“#! 4+!;-Ä–ĹŠ 4!1#ĹŠÄ?ĉĉŊ#-31#ĹŠ 8 !4!'.ĹŠ8ĹŠ 4-~-ĔŊĉ".ĹŠ/(2. #+_$.-.Ä–ĹŠÄ‰Ä’Ä‘ÄąÄŒÄ?ÄŒÄ?ĹŠ , (+Ä–ĹŠ34+! -Äž+ '.1 Ä“!.,Ä“#!  .Ä–ĹŠ ĹŠ .Ä“ĹŠÄ?ćÄ?Ä’
666ē+ '.1 ē!.,ē#! 23 Ŋ2#!!(¢-Ŋ1#/1#2#-3 Ŋ+ Ŋ./(-(¢-Ŋ"#Ŋ+.2Ŋ#"(3.1#2ēŊ .2Ŋ#2!1(3.2Ŋ"#Ŋ+.2Ŋ !.+ .1 ".1#2Ŋ2¢+.Ŋ!.,/1.,#3#-Ŋ Ŋ242Ŋ 43.1#2Ŋ8Ŋ-.Ŋ1#Ą#) -Ŋ-#!#2 1( Ĺ ,#-3#Ŋ#+Ŋ/#-2 ,(#-3.Ŋ"#+Ŋ/#1(¢"(!.ē
.1.ĹŠ2. 1#ĹŠ2. #1 -~ ĹŠ +(,#-3 1(
.8Ŋ Ŋ+ 2ŊćĒĖććŊ2#Ŋ1# +(9 1;Ŋ#-Ŋ .3 ! !'(Ŋ#+Ŋ$.1.Ŋ"#-.,(- ".Ŋĥ #2 $~.Ŋ"#Ŋ+ Ŋ . #1 -~ Ŋ +(,#-3 1( Ŋ$1#-3#Ŋ Ŋ+ Ŋ+#8Ŋ"#Ŋ %4 ĔŊ3(#11 ĢēŊ 23#Ŋ#5#-3.Ŋ2#Ŋ1# +(9 1;Ŋ #-Ŋ#+Ŋ , (Ŋ 2! 1(ĔŊ"#2"#Ŋ4- Ŋ5(2(¢-Ŋ %1.Ŋ#!.+¢%(! ēŊ - 2ŊĊćŊ/#12.- 2Ŋ"#+Ŋ !4 ".1Ŋ#23 1;-Ŋ/1#2#-3#2Ŋ Ŋ,;2Ŋ"#Ŋ1#/1#2#-3 -3#2Ŋ"#Ŋ.1% -(9 !(.-#2Ŋ"#Ŋ "#+Ŋ! -3¢-ēŊ .2Ŋ/.-#-3#2Ŋ2. 1#Ŋ#23#Ŋ3#, Ŋ2.-ĖŊ 4(2Ŋ -1 -%.ĔŊ/1#2("#-3#Ŋ"#Ŋ+ Ŋ #"#1 !(¢-Ŋ"#Ŋ 1% -(9 !(.-#2Ŋ ,/#2(- 2ĔŊ -"~%#- 2Ŋ8Ŋ #%1 2Ŋĸ #-.!(-ĚŊ8Ŋ 2#-2(.Ŋ 1(- -%.ĔŊ"(1(%#-3#Ŋ"#Ŋ+ Ŋ .-$#"#1 !(¢-Ŋ"#Ŋ+ Ŋ !(.- +(" "Ŋ (!'6 Ŋĸ !4 14- 1(Ěē
7 Ĺ? ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
Ĉ
-./ #)-Ĺ‹* , Ĺ‹ &Ĺ‹ ., . '# (.)Ĺ‹ Ĺ‹ -/,
Ä“ĹŠ +ĹŠ+ !3 1(.ĹŠ#2ĹŠ4-ĹŠ2(3(.ĹŠ "#!4 ".ĹŠ/ 1 ĹŠ+ ĹŠ+ !3 -!( ĹŠ, 3#1- Ä“ĹŠ 4 -".ĹŠ+ 2ĹŠ, "1#2ĹŠ#23_-ĹŠ#-ĹŠ#+ĹŠ'.2/(3 +ĹŠ/."1;-ĹŠ43(+(9 1ĹŠ #23#ĹŠ#2/ !(.Ä“
. ,#)Ĺ‹ (Ĺ‹")-*#. &Ĺ‹ - ,Ă„ &Ĺ‹ Ĺ‹& Ĺ‹ ),, 2ĹŠ#+ĹŠ/1(,#1.ĹŠ#-ĹŠ+ ĹŠ/1.5(-!( Ä“ĹŠ 2ĹŠ, Äą "1#2ĹŠ/."1;-ĹŠ , , -3 1ĹŠ8ĹŠ2 ! 1ĹŠ+ ĹŠ+#Äą !'#ĹŠ"#ĹŠ4- ĹŠ, -#1 ĹŠ'(%(_-(! Ä“ Ä› BWi ck`[h[i gk[ [i#
j|d [d jhWjWc_[dje e gk[ d[Y[i_# jWd WcWcWdjWh W iki ^_`ei j_[d[d kd [ifWY_e _Z[Wb fWhW ^WY[hbe [d [b ^eif_jWb 7iZh‘XWb Z[ bW Jehh[$ BW X_ei[]kh_ZWZ i[ Yk_ZW [d [ij[ i_j_e" Z_`e bW Z_h[YjehW Z[ [ijW YWiW Z[ iWbkZ" 7kZh[o =WhY‡W$ BW fh[fWhWY_Œd Z[ bWi cWZh[i Wdj[i Z[ jhW[h kd ^_`e Wb ckdZe [i jWcX_ƒd bW jWh[W gk[ j[dZh| [b f[hiedWb Z[ iWbkZ [d [ij[ [ifW# Y_e$ BWi kikWh_Wi Z[b ^eif_jWb ied kdWi '+ ck`[h[i" bWi ck`[h[i _dj[hdWi ied Zei o Zei [ij|d W
fkdje Z[ ZWh W bkp$ ;b fheo[Yje cWjh_p I[dfbWZ[i WokZŒ fWhW bW [`[YkY_Œd Z[ [ij[ fheo[Yje$ BWi cWZh[i Z[ \Wc_b_W fk[Z[d iWYWh# i[ bW b[Y^[ [d [ij[ i_j_e o h[\h_][# hWhbW W j[cf[hWjkhW WZ[YkWZW o \k[hW Z[ f[b_]he Z[ YedjW]_e Z[ Wb]kdW [d\[hc[ZWZ$ Bei _dijhkc[djei gk[ i[ l[d# Z[d [d \WhcWY_Wi e h[Yec_[d# ZWd f[hiedWi gk[ de YedeY[d bW WdWjec‡W \[c[d_dW [ij|d Z[i# YWhjWZei feh bei cƒZ_Yei" Z_`e =WhY‡W$ >Wo kdW d[l[hW fWhW WbcWY[# dWh bW b[Y^[ cWj[hdW$
jhkYjkhWY_ÂŒd Z[ bW fhe \ehcW fh[ikfk[ijWh_W$ BW [dj_ZWZ Ă’dWdY_[hW b[i Wi[# ]khÂŒ gk[ [ij| Z_ifk[ijW W [djh[# ]Wh YhƒZ_jei i_[cfh[ o YkWdZe bei fheo[Yjei i[ W`kij[d W bei h[gk[h_c_[djei Z[ bW _dij_jk# Y_ÂŒd$ I[ WYehZÂŒ gk[ [b 8WdYe Z[b
ĥ .2Ŋ3_!-(!.2Ŋ1#!.Ĺ 11#1;-Ŋ3." Ŋ+ Ŋ9.- Ŋ "#Ŋ}-3 %Ŋ/ 1 Ŋ2 #1Ŋ + Ŋ,#).1Ŋ./!(¢-Ŋ04#Ŋ2#Ŋ /+(! 1;Ŋ#-Ŋ#+Ŋ31 3 ,(#-3.Ŋ "#Ŋ+ Ŋ 241 Ģ Ŋ
ĹŠ ĹŠ ĹŠ ÂĄ ĹŠ
dW Z[ WXh_b o Z[iZ[ [ijW \[Y^W j_[d[d /& Z‡Wi fWhW [djh[]Wh bei [ijkZ_ei gk[ _d\ehcWh| Yk|b [i bW c[`eh Wbj[hdWj_lW fWhW jhWjWh bW XWikhW Z[ ÞdjW]$
BW YedijhkYY_ÂŒd o WZ[YkW# Y_ÂŒd Z[b bWYjWh_e [i fWhj[ Z[ bWi eXhWi gk[ i[ h[Wb_pÂŒ [d [ijW YWiW Z[ iWbkZ o [d bei ikXY[djhei Z[b YWdjÂŒd Yed kdW _dl[hi_ÂŒd Z[ '&& c_b ZÂŒbWh[i$ -ĹŠ 4#-ĹŠ#2/ !(. FWhW bW YejWYWY^[‹W @[ddo =Wh# Yƒi" [ij[ bWYjWh_e [i Z[ ckY^W _cfehjWdY_W fWhW bWi cWZh[i Z[ \Wc_b_W Z[b YWdjÂŒd" fehgk[ YkWd# Ze ied cWZh[i feh fh_c[hW l[p" de i[ iWX[ jƒYd_YWi WZ[YkWZWi fWhW [njhW[h bW b[Y^[ cWj[hdW$ ?dYbkie ^Wo cWc|i gk[ ik\h[d Zebeh[i \k[hj[i YkWdZe [b d_‹e bWYjW" Z_`e$ Kd WcX_[dj[ Yed c‘i_YW ikW# l[ o Yk_ZWZei Z[ f[hiedWb cƒ# Z_Ye [i iWbkZWXb[ jWdje fWhW bWi ck`[h[i Yece fWhW bei d_‹ei"
)() # ,)(Ĺ‹(),' .#0 -Ĺ‹ (Ĺ‹ &Ĺ‹ ( )Ĺ‹ &Ĺ‹ -. ) IWdj_W]e BepWde" YedY[`Wb Z[ bW Yec_i_ÂŒd Z[ fbWd_\_YWY_ÂŒd Z[b Ckd_Y_f_e Z[ 9ejWYWY^_" Wi_ij_ÂŒ `kdje W ejhei YedY[`Wb[i Z[ bW h[]_ÂŒd dehj[ W kd jWbb[h ieXh[ Ă’# dWdpWi f‘Xb_YWi [d [b 8WdYe Z[b ;ijWZe$ Be gk[ YedeY_[hed [i bW [i#
Bei ^WX_jWdj[i Z[ bWi i[_i fW# hhegk_Wi Z[ bW pedW Z[ ĂždjW] de j_[d[d [ifWY_ei WZ[YkWZei fWhW Z[fei_jWh bW XWikhW$ >Wo cehWZeh[i gk[ XejWd bei Z[i[# Y^ei `kdje W bei h‡ei" [i [b YWie Z[ bW fWhhegk_W Z[ 7fk[bW gk[ Z[fei_jW bW XWikhW W )& c[jhei Z[b WĂ“k[dj[ dWjkhWb$ ;b Ckd_Y_f_e YedYbkoÂŒ bei jƒhc_dei Z[ h[\[h[dY_W fWhW bW YedjhWjWY_ÂŒd Z[ bei [ijkZ_ei" gk[ fedZh|d Ă’d Wb fheXb[cW Z[ bW XWikhW [d [ij[ bk]Wh" gk[ j_[d[ c|i Z[ '- c_b ^WX_jWdj[i$ :_[]e =k_jWhhW" Z_h[Yjeh Z[ =[ij_ÂŒd 7cX_[djWb Z[b Ckd_# Y_f_e Z[ 9ejWYWY^_" Z_`e gk[ bei h[ikbjWZei Z[ bei [ijkZ_ei Z[# j[hc_dWh| i_ [i \WYj_Xb[ h[Wb_pWh kd h[bb[de iWd_jWh_e pedWb e i_ kd l[^‡Ykbe jhWibWZ[ bW XWikhW Z[iZ[ [ijW pedW Wb h[bb[de Z[ bW Y_kZWZ$ ;b [ijkZ_e Yk[ijW kdei )& c_b ZÂŒbWh[i$ Bei Yedikbjeh[i j_[d[d gk[ fh[i[djWh bWi fhe# fk[ijWi ^WijW bW fh_c[hW i[cW#
;ijWZe feZh‡W Yh[Wh fheo[Yjei fWhW gk[ jeZei bei Ckd_Y_f_ei fk[ZWd WYY[Z[h W [ijei ZeYk# c[djei$ ;ie fehgk[ bW [bWXehWY_Œd Z[ fheo[Yjei ied Yeijeiei o i[ W`ki# jWh‡Wd W bWi h[Wb_ZWZ[i Z[ YWZW i[Yjeh$
ÂĄ Ä“ĹŠ .-ĹŠÄˆÄ?ĹŠ 11(.2ĹŠ04#ĹŠ/#13#-#!#-ĹŠ +ĹŠ2#!3.1ĹŠ41 -.ĹŠ"#+ĹŠ! -3¢-ĹŠ .3 ! !'(Ä“
)() ,6(Ĺ‹-) , Ĺ‹& Ĺ‹ , &# Ĺ‹ Ĺ‹&)-Ĺ‹ ,,#)BW <[Z[hWY_ÂŒd Z[ 8Whh_ei Z[ 9ejWYWY^_ kdW l[p gk[ \ehjWb[# Y_ÂŒ bW fWhj_Y_fWY_ÂŒd Z[ bWi ck# `[h[i" i[]k_h| Yed bWi YWfWY_# jWY_ed[i W jeZe d_l[b fWhW gk[ bWi f[hiedWi gk[ \ehcWd bei XWhh_ei Wfh[dZWd ieXh[ j[cWi gk[ _cfb_gk[d [b Z[iWhhebbe Z[b YWdjÂŒd$ Ied )& ck`[h[i gk[ h[fh[# i[djWhed W bei XWhh_ei khXWdei gk[ jhWXW`Wh|d WYj_lWc[dj[ [d bW [dj_ZWZ$ 7Z[c|i" 9Whbei 7dZhWckd_e" fh[i_Z[dj[ Z[ bW _dij_jkY_ÂŒd XWhh_Wb" Z_`e gk[
fbWd_\_YWd [b fheo[Yje fWhW b[lWdjWh bei fbWd[i Z[ c[`e# hWc_[dje _dj[]hWb Z[b YWiYe khXWde Z[b YWdjŒd$ Bei YejWYW# Y^[‹ei [nfedZh|d bei fheXb[# cWi gk[ [d\h[djWd o gkƒ b[i ^WY[ \WbjW$ 9ed bei h[ikbjWZei YedeY[# h|d Yk|b [i bW i_jkWY_Œd h[Wb Z[ bei XWhh_ei$ I_ ^Wo fheXb[cWi i[ WdWb_pWh|d bWi fei_Xb[i iebk# Y_ed[i$ 7dZhWckd_e [ij| YbWhe gk[ Wi‡ Ykcfb[d Yed [b [`[hY_# Y_e Z[ceYh|j_Ye Z[ bW fWhj_Y_# fWY_Œd Y_kZWZWdW$
ŏ ŏ
ŏ
ĉ
7 ŏ ăāŏ ŏ ŏĂĀāĂ
ŏ +. ŏ ġ
6L QR D\XGDV D OLPSLDU QR D\XGHV D HQVXFLDU &DPSDxD GH OLPSLH]D SRU OD &LXGDG GH 7XOFiQ
9B7I?<?97:EI B7 >EH7 ?87HH70 &, ( /+,+&( 78/&$1 27$9$/2
$0$55(6 325 $025 2 9(1*$1=$ <hg ^lm^ IH=>KHLH kbmnZe eh m^g]k§l \hg]^gZ]h Z l^k >L<E:OH => MN :FHK
y=>L>LI>K:=H
Ihkjn^ eZ fnc^k jn^ ZfZl m^ ]^lik^\bZ Gh jnb^k^ aZ\^k ^e Zfhk \hgmb`h' L^ _n^ \hg hmkh ahf[k^ r Z[Zg]hg· Z mnl abchl' Ihk eZl ;N>G:L h ihk eZl F:E:L ^e ahf[k^ h fnc^k jn^ ZfZl \Z^k§ k^g]b]h Z mnl ib^l'
<HGLNEM: <HG >E ;KNCH F:RHK R I>KE: =>E KBH D][lmjY \]d LYjgl q ;a_Yjjg :fZkk^l Lbfie^l /)nl] :fZkk^l >m^kghl 0.nl] Ebfib^sZ <hkihkZe +.nl]
;Z¶h ]^ Ln^km^ ,)nl] Ebfib^sZ ]^ >fik^lZl *1)nl] Ebfib^sZ ]^ G^`h\bhl 2)nl]
6H 9HQGH
9(1'2 7(55(12 PW HQ ,EDUUD SDUURTXLD 6DQ )UDQFLVFR ]RQD OD &DPSLxD VHFWRU HVFXHOD *XLOOHUPLQD *DUFtD 2UWL]
&DVD GH SODQWDV XELFDGD HQ HO VHFWRU FLXGDGHOD /DJXQD 1R FRQVWD SODQWD EDMD VDOD FRPHGRU FRFLQD FXDUWR GH HVWXGLR VDOD GH HVWDU \ EDxR 3ODQWD $OWD 'RUPLWRULR 0DVWHU GRUPLWRULRV EDxR FXDUWR GH SODQFKDGR WHUUD]D JDUDMH SDUD YHKtFXORV ÈUHD GH FRQVWUXFFLyQ P ÈUHD GHO 7HUUHQR P ,QIRUPHV
PU DW
$5 FF
.,26.2
´ /D &XHQFDQLWDµ 2)5(&(
#5(23 2Ĕũ/#1(¢"(!.2Ĕũ2.13#.2ũ"#ũ+.3#1~ Ĕũ+( 1.2ũ"#ũ !.!(- Ĕũ! -!(.-#1.2ũ8ũ+( 1.2ũ"#ũ,.3(5 !(¢-ēũ 104#ũ #-31 +ēũ #+_$.-.ĖũĉũĒđĈũćĊĒ
3$5$ /$6 &,8'$'(6 '( ,%$55$ 27$9$/2 &$<$0%( 78/&É1
$EVROXWD 5HVHUYD PU FF
AF>GJE=K2 (-11/.1+( AE:9:MJ9% ;9J;@A
,ŽŵďƌĞƐ͕ ĂĐŚŝůůĞƌĞƐ͕ ďƵĞŶĂ ƉƌĞĐĞŶĐŝĂ͕ ƐŽůƚĞƌŽƐ͕ ĚŝƐƉŽŶŝďŝůŝĚĂĚ ĚĞ ƟĞŵƉŽ
!(- %(,- & %2( 0 ' (-!(%'%!(-) ! 1 * + .( )(-+)& !3 %!(-! ! ,., !'*&! ), (# &!/ ),,) ,*%(), !&",
:[ efehjkd_ZWZ
VH YHQGH FRPSXWDGRUHV GH
>e ]²Z eng^l + ]^ Z[kbe ]^ 2a)) Z **a)) Zf
2UDFLyQ 0LODJURVD <hg _²h ^g M²% fb =bhl% IZ ]k^% Ab ch r >l i² kb mn LZg mh' Fb ¼gb \h LZe oZ ]hk% \hg mh ]Zl fbl _n^k sZl e^l ib ]h jn^ f^ \hg \^ ]Zg eZ `kZ \bZ jn^ mZg mh ]^ l^h' !Ib ]Z mk^l ]^ l^hl ngh ]^ g^ `h \bhl r ]hl bf ih lb [e^l"' K^ \^ gn^ o^ o^ \^l Ze :o^ fZ k²Z ]n kZg m^ 2 ]²Zl% Ze gh o^ gh ]²Z in [eb jn^ ^l m^ Zgng \bh r l^ \nf ieb k§ Zng jn^ gh eh \k^Z% h[ l^k o^ eh jn^ h\n kkb k§ Ze \nZk mh ]²Z ]^ ln in [eb \Z \b·g' =hr `kZ \bZl ihk ^e _Z ohk k^ \b [b ]h' MN => OH MH F'>'A' :B(+-2)+
NAKAL= FM=KLJ9 H9?AF9 O=: Iki YbWi_\_YWZei [d
mmm$bW^ehW$Yec$[Y
;LQH KL -mIYPJH T 05* 0=( (] 4HYPHUV (JVZ[H 1\U[V H (\[VZ :RVKH ;LStMVUVZ!
NECESITO PERSONAL PARA FRABRICAR ADOQUINES KO HP
2 1
%%" %&"!( "',*" *#+,3 % (%3' / - ' !" "% + ( !( )#+( #'# # ' $-"."+ !" & *0( KO HP
9B7I?<?97:EI Z[ :?7H?E B7 >EH7
ln f^chk Zem^kgZmboZ iZkZ \hfikZk r o^g]^k
$57(6 /8&$6
9(1'2 7(-$
$ %
'( -8$1,7$ /8&$6 /H RIUHFH WUDEDMRV HQ IRPLV FRPR DGRU QRV UHFXHUGRV FDUWHOHV PDWHULDO GLGiFWL FR \ FXUVRV %ROtYDU HQWUH SLFKLQFKD \ 5RFDIXHUWH
0 (4 Ĺ‹ &Ĺ‹ - &. )Ĺ‹ (Ĺ‹ )'/(# -
7
7 Ĺ? 7 ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
ÄŠ
11.04( 2ĹŠ141 +#2ĹŠ 8ĹŠ!.,4-(" "#2ĹŠĹŠ2#ĹŠ 1 ).2ĹŠ/.1ĹŠ5#-(1ĹŠ Ĺ—ĹŠĹŠ 2ĹŠĹŠ. 1 2ĹŠ"#ĹŠ 2$ +3 ".ĹŠ#-ĹŠ+ ĹŠ/1.5(-!( ĹŠ2#ĹŠ"#2 11.++ -ĹŠ#-ĹŠ$ 5.1ĹŠ"#ĹŠ!.,4-(" "#2ĹŠ #-#ă!( -ĹŠĹŠ"#ĹŠ+ 2 !.,.ĹŠÄ–ĹŠ 1(23¢ +ĹŠ .+¢-ĹŊ '(3;-ĹŠ"#ĹŠ 5 11#3#2ĹŠ!.-ĹŠ4- ĹŠ#73#-2(¢-ĹŠ"#ĹŠÄŽĹŠ*(+¢,#3Äą 1.2Ä“ĹŠ 1(23¢ +ĹŠ .+¢-ĹŊ ( 13 +ĹŠ!.-ĹŠÄ‘ĹŠ*(+¢,#31.2Ä“ĹŠ +ĹŠ '.3 ĹŊ -ĹŠ (!#-3#ĹŠ"#ĹŠ 42(1ĔŊĎŊ . 1 2ĹŠ5( +#2ĹŠ04#ĹŠ *(+¢,#31.2Ä“ĹŠ (04(4!'.ĹŊ -ĹŠ $ #+ĹŠ!.-ĹŠÄˆÄ‡ĹŠ*(+¢,#31.2Ä“ĹŠ 23 2ĹŠ. 1 2ĹŠ3(#-#-ĹŠ4-ĹŠ!.23.ĹŠ "#ĹŠ4-ĹŠ,(++¢-ŊđććŊ,(+ĹŠ"¢+ 1#2ĹŠ8ĹŠ2#ĹŠ#)#!43 ĹŠ ĹŠ31 5_2ĹŠ"#+ĹŠ . (#1-.ĹŠ 1.5(-!( +Ä“ 2#ĹŠ#)#!43 -Ä“ : ĹŠÄ› ;b =eX_[hde Fhel_dY_Wb
Z[b 9WhY^_ =F9 WYjkWbc[dj[ jhWXW`W [d _cfehjWdj[i eXhWi Z[ Wi\WbjWZe [d bW fhel_dY_W$ 7 Z[Y_h Z[ 7di[bce 9WZ[dW" Z_h[Yjeh Z[ EXhWi F‘Xb_YWi Z[b =F9 bW l‡W @kb_e 7dZhWZ[# 9kWi# fkZ j_[d[ kd WlWdY[ Z[ kd /, o i[ [if[hW gk[ i[ h[Wb_Y[ bW [d# jh[]W [d Zei c[i[i$ BW [nj[di_ÂŒd [i Z[ ,$ + a_bÂŒc[jhei o j_[d[ kd Yeije Z[ /)& c_b ZÂŒbWh[i$ 7‘d ^WY[ \WbjW bW YebeYWY_ÂŒd Z[ bW i[‹Wb_pWY_ÂŒd ^eh_pedjWb o l[hj_YWb$ Æ;if[hWcei gk[ WĂ“eh[ [b Wi\WbjWZe" oW gk[ [i kd ZeXb[ jhWjWc_[djeÇ" _dZ_YÂŒ [b \kdY_edW#
h_e$ ;d [ijW eXhW" i[ X[d[Ă’Y_Wd0 9WiW <h‡W 7bjW o 8W`W" ;b CehWb" OWd]ehhWb" 9kWifkZ o [b YWiYe Z[ @kb_e 7dZhWZ[$ EjhW Z[ bWi eXhWi gk[ [ij| feh YedYbk_h [i [b Wi\WbjWZe Z[ IWd @kWd Z[ BWY^Wi# =kWbY^|d$ I[ [`[YkjW [b cel_c_[dje Z[ j_[hhWi$ >Wo kd WlWdY[ Z[ kd .& $ BW [nj[di_ÂŒd [i Z[ '' a_bÂŒc[jhei$ 1 2ĹŠ#,/#9 " 2ĹŠ
EjhW Z[ bWi _cfehjWdj[i eXhWi Z[ Wi\WbjWZe o gk[ i[ [dYk[djhW [d [`[YkY_Œd [i BW B_X[hjWZ# ;beo 7b\Whe# @[i‘i Z[b =hWd FeZ[h# ?d]”[pW o IWd ?i_Zhe$ BW [nj[d# i_Œd [i Z[ ', a_bŒc[jhei$
BW eXhW j_[d[ kd Yeije Z[ ( c_# bbed[i (&& c_b ZÂŒbWh[i$
=beh_W 8Wij_ZWi" gk_[d h[i_Z[ [d bW Yeckd_ZWZ Z[ ?d]”[pW" [n# fb_YÂŒ gk[ [ijW eXhW f[hc_j_h| [b WZ[bWdje Z[ ik i[Yjeh$ Be fhef_e cWd_\[ijÂŒ :_[]e 9kWifW Z[ bW Ye# ckd_ZWZ @[i‘i Z[b =hWd FeZ[h" fk[i f[hc_j_h| kdW c[`eh Y_hYk# bWY_ÂŒd Z[ bei fheZkYjei Z[ fh_# c[hW d[Y[i_ZWZ Z[iZ[ [b i[Yjeh ^WijW bWi Y_kZWZ[i$ Æ7dj[i de i[ feZ‡W d_ YWc_dWh f[eh l_W`Wh [d bei l[^‡Ykbei Z[ cWd[hW dehcWb$ >WX‡W ckY^e beZe$ >eo feh be fhedje [n_ij[ kd WZ[Y[djWc_[dje o [ie [i _cfehjWdj[Ç" _dZ_YWhed bei X[d[Ă’Y_Wh_ei$
Ä“ĹŠ .2ĹŠ 2$ +3 ".2ĹŠ 5 -9 -ĹŠ ĹŠ 4#-ĹŠ1(3,.ĹŠ#-ĹŠ3." ĹŠ+ ĹŠ/1.5(-!( Ä“ĹŠ +ĹŠ . (#1-.ĹŠ 1.5(-!( +ĹŠ#$#!3ĂŒ ĹŠ#23 2ĹŠ. 1 2ĹŠ04#ĹŠ /#1,(3#-ĹŠ#+ĹŠ"#2 11.++.ĹŠ"#+ĹŠ2#!3.1ĹŠ141 +Ä“ĹŠ
ēŊ 13(!(/ -3#2Ŋ"#+Ŋ3 ++#1Ŋ"#Ŋ$.1, !(¢-Ŋ"#Ŋ1#/.13#1.2Ŋ!.,4-(3 1(.2Ŋ "#+Ŋ! -3¢-Ŋ (1
,#' ,Ĺ‹ ( / (.,)Ĺ‹ Ĺ‹ , *),. ,)-Ĺ‹ )'/(#. ,#) ĹŠ Ä› ;l[bod CƒdZ[p" [ijk#
Z_Wdj[ Z[b Yeb[]_e dWY_edWb @kWd CedjWble" Z[ bW fWhhegk_W Z[b c_ice decXh[ Z[b YWdjŒd C_hW WY[fjŒ bW _dl_jWY_Œd gk[ b[ ^_pe [b ckd_Y_f_e Z[b YWdjŒd C_hW Yed [b fhefŒi_je Z[ Yed# \ehcWh bW h[Z Z[ h[fehj[hei Yeckd_jWh_ei Z[ [ijW `kh_iZ_Y# Y_Œd$ BW `el[d" [d YecfW‹‡W Z[ '+ h[fh[i[djWdj[i Z[ bWi fW# hhegk_Wi hkhWb[i o bW YWX[Y[hW YWdjedWb Z[ C_hW" Wi_ij_Œ Wb jWbb[h fWhW [b \ehjWb[Y_c_[dje Z[ bei c[Z_ei Z[ _d\ehcWY_Œd o Yeckd_YWY_Œd Z[b ckd_Y_# f_e Z[ C_hW" eh]Wd_pWZe feh bW Kd_ZWZ Z[ 9eckd_YWY_Œd Z[b eh]Wd_ice i[YY_edWb beYWb$ ;b jƒYd_Ye Z[ bW 7ieY_W# Y_Œd Z[ Ckd_Y_fWb_ZWZ[i Z[b ;YkWZeh 7C; h[]_Œd dehj[" =[elWdo LWh[bW \WY_b_jŒ bW YW# fWY_jWY_Œd gk[ jkle Yece eX# `[j_le [b Yed\ehcWh kd [gk_fe Z[ f[h_eZ_ijWi Z[ bWi fWhhe# gk_Wi hkhWb[i [ _dij_jkY_ed[i
f‘Xb_YWi Z[b YWdjÂŒd C_hW fWhW Whj_YkbWh bW H[Z Z[ H[fehj[hei 9eckd_jWh_ei$ ;l[bod CƒdZ[p _dZ_YÂŒ Wb \_dWb_pWh [b jWbb[h gk[ [ijWi YWfWY_jWY_ed[i WokZWd W h[# Yef_bWh" fheY[iWh o Z_\kdZ_h bW _d\ehcWY_ÂŒd Z[ be gk[ eYkhh[ [d ik fWhhegk_W o [b Yeb[]_e [d [b YkWb i[ fh[fWhW WYWZƒc_YW# c[dj[$ 9WZW kde Z[ bei h[fehj[# hei fh[fWhWh| kdW dej_Y_W gk[ i[h| fkXb_YWZW W jhWlƒi Z[ bei Z_\[h[dj[i c[Z_ei Z[ Yeckd_# YWY_ÂŒd gk[ Z_ifed[ [b ckd_Y_# f_e Z[b YWdjÂŒd C_hW Yece ied0 F[h_ÂŒZ_Ye _dij_jkY_edWb ÆBW Dej_Y_W [d C_hWÇ" YWhj[b[hWi f‘Xb_YWi o f|]_dW m[X$ ;b Fhe]hWcW Z[ <ehjWb[Y_# c_[dje ?dij_jkY_edWb Ckd_# Y_fWb" FHECKD?" WfeoÂŒ bW fhefk[ijW$ ;b 9eb[]_e Z[ F[# h_eZ_ijWi Z[b 9WhY^_ gk[ be fh[# i_Z[ OWYe CWhj‡d[p jWcX_ƒd i[ ikcW W bW _d_Y_Wj_lW Z[ bW ckd_# Y_fWb_ZWZ Z[ C_hW$
,)"# # )Ĺ‹/.# ,Ĺ‹& Ĺ‹* &' Ĺ‹ Ĺ‹ , : ĹŠÄ› KdW YWhfW XbWdYW Yed
[b be]ej_fe Z[b =eX_[hde 7kjÂŒ# dece :[iY[djhWb_pWZe Z[b Ck# d_Y_f_e Z[ JkbY|d kX_YWZW [d bW fWhj[ Y[djhWb Z[b fWhgk[ Z[ bW ?dZ[f[dZ[dY_W bbWcÂŒ bW Wj[dY_ÂŒd Z[ bei jhWdi[‘dj[i$ <kdY_edWh_ei Z[b eh]Wd_ice i[YY_edWb [djh[]WXWd fbWdjWi Z[ Y_fhƒi fWhW X[dZ[Y_hbWi [b :e# c_d]e Z[ HWcei [d h[[cfbWpe Z[ bW fWbcW Z[ Y[hW o Z[ifkƒi i[cXhWhbWi$ =hWY_[bW H[o[i" Z[ -+ W‹ei" eh_kdZW Z[ >kWYW" i[ WY[hYÂŒ ^Wi# jW bW YWhfW fWhW f[Z_h kdW fbWdjW$ Æ;ijW cko X_[d fehgk[ WokZW W Yedi[hlWh [b WcX_[dj[Ç" Z_`e bW WdY_WdW" gk_[d Z[ifkƒi Z[ ^W# Y[hbW X[dZ[Y_h bW i[cXhWh| [d ik YWiW$
Bk_i =WhY‡W" Yec[hY_Wdj[ Z[ +' W‹ei" \[b_Y_jÂŒ bW _d_Y_Wj_lW ck# d_Y_fWb W^ehW gk[ bW =hWd`W Z[b ikh Z[ JkbY|d" gk[ [hW [b fkbcÂŒd Z[ bW Y_kZWZ" i[ WYWXÂŒ$ 9bWhW =k[hhÂŒd" Yec[hY_Wdj[ Z[ +- W‹ei" _]kWbc[dj[ YWb_Ă’YÂŒ Z[ [nY[b[dj[ bW YWcfW‹W feh# gk[ WokZW W Yedi[hlWh bW dWjk# hWb[pW$ IjWb[_d B_cW" l_l[h_ijW Z[b Ckd_Y_f_e Z[ JkbY|d" [d\Wj_pÂŒ gk[ bW [djh[]W Z[ bWi fbWdjWi Z[ Y_fhƒi i_hl[ fWhW [l_jWh [b Yehj[ Z[ bW fWbcW Z[ Y[hW o bW [nj_d# Y_ÂŒd Z[ bei behei gk[ ^WX_jWd Wbb‡$ ÆBW _dj[dY_ÂŒd [i gk[ bW ][dj[ lWoW Yed ik WhXeb_je W bW _]b[i_W fWhW ^WY[hbe X[dZ[Y_h o bk[]e be i_[cXh[ [d ik ^k[hjW e YkWZhW
o j[dZh[cei [d dk[ijhW YWiW de kdW hWc_jW X[dZ_jW i_de kd Wh# Xeb_je X[dZ_jeÇ" [nfh[iÂŒ [b \kd# Y_edWh_e$ BW ]eX_[hde beYWb [djh[]ÂŒ +&& fbWdjWi gk[ \k[hed iWYWZWi Z[b l_l[he ckd_Y_fWb kX_YWZe [d [b i[Yjeh Z[ Bei FWijei" Wb dehj[ Z[ JkbY|d$ .-31.+#2
;b C_d_ij[h_e Z[b 7cX_[dj[ [c# f[pÂŒ bW YWcfW‹W Z[ i[di_X_b_pW# Y_ÂŒd ^WY[ i[_i W‹ei" i[]‘d bW Z_# h[YjehW fhel_dY_Wb" @[ddo 9^Wb|$ BW \kdY_edWh_W Z_`e gk[ [b Ă’d [i Z[\[dZ[h bW fWbcW Z[ Y[hW ZedZ[ i[ Wd_ZWd behei [d f[b_]he Z[ [nj_dY_ÂŒd$ 9^Wb| [nfh[iÂŒ gk[ ^Wo ejhWi Wbj[hdWj_lWi" Yece [b kie Z[
ÂĄ Ä“ĹŠ 4-!(.- 1(.2ĹŠ,4-(!(/ +#2ĹŠ#-31#% 1.-ĹŠ/+ -3 2ĹŠ"#ĹŠ/(-.ĹŠ#-ĹŠ#+ĹŠ / 104#ĹŠ"#ĹŠ+ ĹŠ -"#/#-"#-!( ĹŠ"#ĹŠ 4+!;-Ä“
fbWdjWi$ 7Zl_hj_Πgk[ bWi iWdY_e# d[i fWhW bWi f[hiedWi gk[ [nf[d#
ZWd fWbcW Z[ Y[hW lWd Z[ ' W '& iWbWh_ei X|i_Yei kd_Ă’YWZei$
āĀ
7 ŏŏ ăāŏ ŏ ŏĂĀāĂ
ŏ +. ŏ ġ
(1#ũ242ũ$.3.2ũ#-Ė 666ē+ '.1 ē!.,ē#!
#( &ŋ ŋ / 0)& 3 )(ŋ!, (ŋ#(. (-# ŋ (./-# -')ŋ ŋ* ,. ŋ ŋ &)-ŋ* ,.# #* (. -ŋŋ- ŋ0#0# ŋ & ŋÄ&.#' ŋ$),( ŋ &ŋ '* )( .)ŋ#(. , )& !# &ŋ &ŋ., # #)( &ŋ / 0)& 3ŋ (ŋ& -ŋ ( " -ŋ &ŋ, )(Ě &ŋ ŋ $ 0vĄ
'.--8ũ (-!' .Ĕũ 5("ũ ;!.,#Ĕũ ., 1(.ũ 4 204#1Ĕũ +.ũ , 04(-%.ũ8ũ (!ēũ #1,;-ũ 1(- -%.ē
31(!(.ũ ."1~%4#9Ĕũ ^"(2.-ũ ;-!'#9Ĕũ -(#+ũ #8#2Ĕũ 1+.2ũ #)~ Ĕũ # 23(;-ũ 11(".Ĕũ #+2.-ũ .-3#-#%1.ũ8ũ 5(#1ũ 4ı ,(1.ũ 4(9Ĕũ 23 +(-ũ +.1#2Ĕũ -3( %.ũ 11# .ũ8ũ -"#12.-ũ ! 1ē #- +!;9 1ē
1!#+ ũ 15 ) +ũ8ũ 31(!( ũ .-3 +5.ē
.2ũ 13(23 2ũ"#+ũ#5#-3.
" ũ 04(/.ũ"#,.231¢ũ242ũ' (ı +(" "#2ũ +ũ,.,#-3.ũ"#ũ -.3 1ũ4-ũ /4-3.ũ +ũ1(5 +ēũ
.1- " ũ"#+ũ$(-ũ"#ũ 2#, - ũ#-ũ+ 2ũ 11( +#2 :[iZ[ ^eo i[ _d_Y_W bei Yej[`ei Yehh[ifedZ_[dj[i W bWi \[Y^Wi Z[b YWcf[edWje Z[ bWi B_]Wi :[fehj_lWi 8Whh_Wb[i$ Bei [gk_fei fWhj_Y_fWdj[i `k]Wh|d [d bei [ijWZ_ei Wi_]dWZei fWhW
7 ŏ ăāŏ ŏ ŏĂĀāĂ
ŏ +. ŏ ġ
Ykcfb_h Yed [b Yhede]hWcW [i# jWXb[Y_Ze" Z[iZ[ [b c[Z_e Z W [cf_[pWd W `k]Wh bei i_]k_[d# j[i fWhj_Zei fhe]hWcWZei$
āā
.1- " "#3 ++#
2#1(#ũġ Ģ 2; ".ũ#23 "(.ũġ!.+#%(.ũĈĐũ"#ũ)4+(.Ģ ĈČĖććũ ĈĐũ"#ũ)4+(.ũũ52ēũũ23.ēũ".,(-%.ũ ũ ĈďĖććũ )ēũ5ēũ+ũũ52ēũũ 1!#+.- 2#1(#ũġ Ģ #23 "(.ũ+(% ũ 11( +ũġ+ 2ũ/ +, 2Ģ ĈĉĖććũ / +,#(1 2ũũ52ēũũ+ 12#-ũũ ĈČĖććũ "(- ,.ũũ52ēũũ(-3#1- !(.- +ũ ĈďĖććũ
!.2,.2ũũ52ēũũ!.11#! ,(-.2
".,(-%.ũ#23 "(.ũġ!.+#%(.ũĈĐũ"#ũ)4+(.Ģ ĈćĖććũ $1(%.ũ$ , ũũ52ēũũ! +# . ĈĉĖććũ 1# +#2ũũ52ēũũ-5 ēũ%#-#1 !(¢-ũ ĈČĖććũ ĈďĖććũ
"( +.2ũ1.).2ũũ52ēũũ%4 1 -~ #+ũ/1.$#ũũ52ēũũ34+(/ -#2
#23 "(.ũ+(% ũ 11( +ũġ+ 2ũ/ +, 2Ģ ćđĖććũ 1 !(-%ũũ52ēũũ"#+ă-#2 ĈćĖććũ 12#- +ũũ52ēũ$ ,(+( ĈĉĖććũ /+ 3#-2#ũũ52ēũũ!ēũ"#ũ( 11 ũ ũũ ĈČĖććũ 3ēũ#234"( -3(+ũũ52ēũũ, "1("ũ ĈďĖććũ
( 11 ēũ2ēũ!ũũ52ēũũ)45#-342
+(% ũ2 -ũ,(%4#+ũ"#ũ( 11 / 13(".2ũ/ 1 ũ'.8Ė #23 "(.2Ė 2 -ũ,(%4#+ũ ĈĉĖććũũ3'#ũ!1 2'ũ52ēũ+( #13ũ2! ĈČĖććũũ 5#++ -#" ũũ52ēũ 12#- + ĈďĖććũ-5 ũ 1%#-3(- ũũ52ēũ2 -ũ).2_ +.2ũ2 4!#2 ĈĉĖććũ!' ! 1(3 ũ)1ēũ52ũ(-"#/#-"(#-3# ĈČĖććũ2!.1/(-Ħ2ũ52ēũ#23 -" 1ũ$! ĈďĖććũũ8484!.!' ũ52ēũ#4%#-(.ũ#2/#). ).2_ũ".,(-%.ũ + 4) ĈĉĖććũ 3+ēũ)1ēũ52ũ 5#++ -#" ĈČĖććũ3#!ēũ)45#-(+ũ52ũ1.!ũ)1
ĈďĖććũ#231#++ ũ)45#-(+ũ52ũ"#/ēũ!#+3(! ".,(-%.ũĈũ"#ũ 1(+ 2 -ũ,(%4#+ũ ćđĖććũ2/.13(-%ũ/1(, 5#1 ũ52ēũ2.,#! ĈćĖććũ2 -ũ)4 -ũ! ++#ēũ52ēũ 3+ēũ .3 $.%. ĈĉĖććũ4ēũ)45#-(+ũ52ēũ2/.13(-%ũ(, 41 ĈČĖććũ4-(¢-ũ2/.13(-%ũ52ēũ1ē.ē! ĈďĖććũ3.1(-.ũ52ēũ2.!ũ#231#++ ũ)45#-(+ +.2ũ2 4!#2 ĈćĖććũ1#(- ũ"#ũ$;3(, ũũ52ũ(-3#1ũ"#ũ,(+ -ũ ĈĉĖććũ 23 1ũ$!ũ52ēũ).2_ũ".,(-%.ũ ē ĈČĖććũ$ 423.ũ#-" 1 ũ52ēũ +..,(-% ĈďĖććũũ +( -9 ũ)1ēũũ52ũ(-"#/#-"(#-3# ).2_ũ".,(-%.ũ + 4) ćđĖććũ+.2ũ!' ,.2ũ52ũ4-(5#12(3 1(.2ũ ĈćĖććũ ' , 41%.ēũ52ēũ3#.".1.ũ %¢,#9 ĈĉĖććũ"#/ēũ)4-(.1ũ52ēũ, * ( ĈČĖććũũ, -"#+ ũũ52ēũ%#1, -ũ%1() +5 ĈďĖććũ+ ũ2 ++#ũ52ēũ+.2ũ!#( .2 +(% ũ 11( +ũ+ ũ".+.1.2 ũ"#ũ/1(.1 3. #23 "(.ũ"#ũ/1(.1 3. ćđĖććũ+ ũ".+.1.2 ũ52ēũ !ēũ,(+;-ũĸ Ĺ ĈćĖććũ2-3 ēũ, 1( -(3 ũ52ēũ$.1ũ#5#1ũũĸ Ĺũ ĸ Ĺ ĈĉĖććũĄ4,(-#-2#ũ52ēũ2 -3.2ũĸ Ĺ ĈČĖććũ 12#- +ũ52ēũ5#-!#".1#2ũĸ Ĺ ĈďĖććũ(-3#1ũ2ē!ēũ52ēũ"#/ēũ 1 ! ũĸ Ĺ #23 "(.ũ#+ũ.+(5. ćĒĖććũ'4#13.2ũ$ ,(+( 1#2ũ52ēũ".Ħũ2 -3.2ũ ĸ Ĺ ĈĈĖććũ,(1 ".1ũ"#+ũ.+(5.ũ52ēũ6#1"#1ũ 1#,#-ũĸ Ĺ ĈĊĖććũ, -!'#23#1ũũ52ēũ.+(5.2ũĸ Ĺ ĈĎĖććũ+.2ũ1#8#2ũ52ēũ2+ 8#1ũĸ Ĺ #23 "(.ũ +. 41. ćĒĖććũ .! ũ)1ēũ52ēũ +( -9 ũ)45#-(+ũĸ Ĺ ĈĈĖććũ#231#++ ũ1.) ũ52ēũĄ.1#2ũ-#%1 2ũĸ Ĺ ĈĊĖććũ +. 41.ũ52ēũ)45#-34"ũ4-(" ũĸ Ĺ
-3(" "ũ!1#"(3(!( ũ (-!#-3(5 ũ ũ+.2ũ!+4 #2ũ (, 41# .2 7o[h [d ^ehWi Z[ bW jWhZ[ [d bWi _dijWbWY_ed[i Z[ bW Yeef[# hWj_lW ;iY[dY_W ?dZ ][dW i[ [\[Yjk kdW hk[ZW Z[ fh[diW fWhW ZWh W YedeY[h ieXh[ [b Wfeoe gk[ j[dZh|d Zei [gk_# fei _cXWXkh[ ei gk[ fWhj_Y_# fWh|d [d [b jehd[e Z[ i[]kd# ZW YWj[]eh W [d bW fhel_dY_W Z[ ?cXWXkhW$ ;b J[eZehe = c[p Z[ bW Jehh[ o [b 9bkX 7\he9^ejW F_# cWcf_he h[Y_X_h|d kd cedje Z[j[hc_dWZe gk[ i[h|d [d# jh[]WZei fWhW WcXei YbkX[i Yece kd _dY[dj_le W bei Z[# fehj_ijWi gk[ Yed\ehcWd bei [gk_fei" Yed [b Òd Z[ gk[ i[W c|i Yecf[j_j_le [d [b Y[hjW# c[d Z[fehj_le$ Bei Z_h[Yj_lei Z[ bei Ybk# X[i ÒhcWhed [b Yedl[d_e o [b Wkif_Y_e Yed bW [dj_ZWZ Yh[Z_# j_Y_W" Yed be YkWb i[ WÒWdpW bW fhefk[ijW Z[b ][h[dj[ ][d[# hWb I[hW\ d CWb_pW [d [b Wfeoe
ēũ .2ũ"(1#!3(5.2ũ"#ũ+ ũ!.ı ./#1 3(5 ũ 2!#-!( ũ -"~%#- ũ8ũ+.2ũ"(ı 1(%#-3#2ũ"#/.13(5.2ũ +ũ,.,#-3.ũ"#ũ ' !#1ũ/Ì +(!.ũ#+ũ /.8.ũ#!.-¢,(!.ēũ
fWhW bei Zei [b[dYei$ ?dZ_# YWdZe gk[ i_ bei YbkX[i fWiWd Wb pedWb i[]k_h|d [djh[]Wd# Ze [b iefehj[ [Yed c_Ye$
, 41 ũ#2/#1 ũ +ũ .! $4#13#
Ë
ēũ +ũ/+ -3#+ũĥ 1"#-(.Ħũ#$#!34¢ũ24ũÌ+3(,.ũ "(#231 ,(#-3.ũ+ ũ, - ũ"#ũ 8#1ē
.2ũ(, 41# .2ũ(-3#-3 1 -ũ!.-2#%4(1ũ+.2ũ 31#2ũ/4-3.2ũ"#ũ+.! +#2ē ũ ěũ >eo
W fWhj_h Z[ bWi ',0&& [d b[ [ijWZ_e Eb cf_Ye 9_kZWZ Z[ ?XWhhW i[ Ykcfb[ bW i[njW \[Y^W Z[djhe Z[b YWcf[e# dWje dWY_edWb Z[ \ jXeb [d bW i[h_[ Æ8Ç$ :khWdj[ bW i[cWdW [b [gk_fe È=WhZ[d_eÉ bb[] ^WijW bWi Z_\[# h[dj[i YWdY^Wi Z[ ?XWhhW fWhW [`[hY_jWhi[ j|Yj_YW o \ i_YWc[d# j[" Yed [b Òd Z[ eXj[d[h Xk[dei h[ikbjWZei [ij[ i|XWZe \h[dj[ Wb [gk_fe Yeij[ e HeYW\k[hj[$ 9_# fh_Wde LWb[dj d c[dY_ed gk[
WYefb Wb [gk_fe Yed [b Òd Z[ Yedi[]k_h kd jh_kd\e Z[ beYWb" Wb cec[dje eYkfWd bW YkWhjW kX_YWY_ d [d bW jWXWb ][d[hWb$ ;d [b [djh[dWc_[dje Z[ Wo[h [d [b [ijWZ_e B_Y[ ijW [b [ijhWj[# ]W Wfb_Y [`[hY_Y_ei d[jWc[dj[ e\[di_lei fWhWh jhWjWh Z[ [dYW# `Wh bei ]eb[i W bei Y[c[dj[hei$ 7b cec[dje [b [gk_fe Z[b ?cXWXkhW Ifehj_d] 9bkX i[ YedY[djhW [d bW >eij[h W ;b FhWZe" fWhW bWi ')0&& bei `k]W# Zeh[i h[Y_X_h|d bW Y^WhbW j Yd_#
"¢-#.2ũ#-ũ+ ũ! -!' ¡
104#1.Ėũ #3#1ũ 2/(-.9 #$#-2 2Ėũ 1 -!(2!.ũ #1 Ĕũ 1(23(- ũ #1ı ! ".Ĕũ 16(-ũ 4(+4, ũ8ũ 4-(.1ũ 8.5~ #"(.ũ ,/.Ėũ 1!.ũ -"1 "#Ĕũ 4(2ũ 4- Ĕũũ "1( -.ũ (++ 11# +ũ8ũ #-18ũ +"#1¢ #+ -3#1.2Ėũ 1(23( -ũ 4#1.ũ8ũũ #"#1(!.ũ %4(+#1 ē
YW o [ijWh b_ijei fWhW [b Yej[`e Z[ bW jWhZ[$
Ä Ä‚
7 Ĺ?Ĺ? ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
~/(! ĹŠ#-ĹŠ #+ĹŠ %4 !'(
Ĺ—ĹŠĹŠĹŠ
:ei Z‡Wi Z[ Yecf[j[d# Y_W" ƒij[ i|XWZe o Zec_d]e `_d[j[i Z[ bW fhel_dY_W o W d_l[b dWY_edWb i[ ZWh|d Y_jW W bW f_ijW ^‡f_YW Z[b =hkfe Z[ 9WXWbb[h‡W OW]kWY^_$ ;d [b Y[djhe c_b_jWh i[ Z[iW# hhebbW [b Fh_c[h 9Wcf[e# dWje Z[dec_dWZe Ăˆ=Wbef[ 9Wcf[he (&'(É$ Bei WĂ’Y_edWZei Z[ [ijW Z_i# Y_fb_dW Z[fehj_lW feZh|d [if[YjWh kdW [if[YjWYkbWh Yecf[j[dY_W" bWi fhk[XWi gk[ Z[X[h|d ieXh[fWiWh bei .& bbWd[hei i[h| [d bWi ceZWb_ZWZ[i Z[ eXij|Yk# bei YWcf[hei ?dZ_l_ZkWb o YWc_dei Z[ Whh_[he feh [gk_fei Yed kd h[Yehh_Ze Z[ . ac$ BWi YWj[]eh‡Wi [ijWXb[Y_ZWi gk[ Z[XkjWh|d [d bW b_Z ied0 ;nf[hjei o delWjei$ 7b cec[dje i[ h[]_ijhWd W‘d _diYh_fY_ed[i [d bW Kd_ZWZ C_b_jWh$ H[gk_i_je eXb_]Wje# h_e [i [b [nWc[d d[]Wj_le Z[ Wd[c_W _d\[YY_eiW [gk_# dW WYjkWb_pWZe$
ĹŠ! ,/#¢-ĹŠ Â&#x; Ä“ĹŠ .2ĹŠ)4% ".1#2ĹŠ"#+ĹŠ ĹŠ /+(! 1.-ĹŠĹŠ24ĹŠ' (+(" "ĹŠ8ĹŠ"#231#9 ĹŠ/ 1 ĹŠ% - 1ĹŠ#+ĹŠ/ 13(".Ä“
(+(" "Ŋ8Ŋ"#231#9 Ŋ2#Ŋ(,Ĺ /42.Ŋ#-Ŋ+.2Ŋ)4% ".1#2Ŋ"#+Ŋ #.".1.Ŋ ¢,#9ŊŊ04#Ŋ% -!' Ĺ 1.-Ŋ Ŋ242Ŋ1(5 +#2 ŊěŊ:ei gk_dY[i b[ XWijWhed
3 !(¢-
Ĺ—ĹŠĹŠĹŠ
:[iZ[ [ij[ `k[l[i ^WijW [b i|XWZe [d bW Y_kZWZ Z[ Gk_je i[ h[Wb_pW bW NNL 9efW H[]WjWi$ Bei '( h[fh[i[djWdj[i _cXWXkh[# ‹ei [ij|d fh[i[dj[i [d bW Yecf[j[dY_W dWjWjeh_W$ BWi YWj[]eh‡Wi gk[ [ij|d Z[# iWhhebb|dZei[ ied0 @kl[d_b 7"8 o CWoeh[i$ ;b [l[dje Z[fehj_le [i eh]Wd_pWZe feh [b 9bkX H[]WjWi Z[ bW YWf_jWb" [i kd fh[fWhWjeh_e fWhW bei J[hY[hei @k[]ei DWY_edWb[i 7Xiebkjei$ BW Y_jW i[h| [d bW fhel_dY_W Z[b Ehe [d [b c[i Z[ cWoe fhŒn_ce$
Wb Y[dj[dWh_e J[eZehe =ÂŒc[p" fWhW Z[hhejWh W ik h_lWb" [b EjWlW# be$ ;ij[ l_[hd[i [d bWi jhWZ_Y_e# dWb[i YWdY^Wi Z[b H[ZedZ[b Z[ 7`Wl‡" bei [ijkZ_Wdj[i Z[ YkWjhe Yeb[]_ei bb[]Whed fWhW Z_ifkjWh bWi Ă’dWb[i Z[b [YkWleb[o$ ;b Yeb[# ]_e 9^WbjkhW Yed Z_Ă’YkbjWZ jeYÂŒ [b j[hY[h bk]Wh" c_[djhWi gk[ [b DWY_edWb 7jW^kWbfW [b YkWhje$ 7 bWi &/0(& i[ _d_Y_ÂŒ bW Ă’dWb Z[b _dj[hYeb[]_Wb Z[ leb[o YWj[# ]eh‡W WX_[hjW" bei fh_c[hei [d iWbjWh W bW YWdY^W \k[hed bei Ye# b[]_ei gk[ Z_ifkjWh‡Wd [b j[hY[he o YkWhje bk]Wh" 9^WbjkhW o 7jW# ^kWbfW" [b fWhj_Ze [d bei fh_c[# hei c_dkjei \k[ fWhW bei Wdj[‹ei gk[ ikf_[hed kX_YWh [b [i\ƒh_Ye Yed Xk[dWi fk[ijWi Z[djhe Z[b
h[Yj|d]kbe Z[ `k[]e W YWh]e Z[ ?ihW[b =Wb[Wde" Wfhef_|dZei[ Z[ [iW \ehcW Z[b fh_c[h i[j Yed kdW c_d_cW Z_\[h[dY_W$ ;b DWY_edWb 7jW^kWbfW de i[ Z[jkle" @^edo F_dY^We YWc_i[jW d‘c[he - Z[ YebeYWZeh" h[]h[iWXW Yed c|i \k[hpW ^WY_W bW YWdY^W YedjhWh_W" bei fkdjei _XWd h[fWhj_Zei fWhW WcXei [gk_fei" [iW jÂŒd_YW ZkhÂŒ ^WijW [b i[]kdZe gk_dY[" [b h[# ikbjWZe \k[ ',#'* o '+#'&$ FWhW Ă’dWb_pWh" [b [gk_fe YW# hWdgk[‹e jkle kd XW`ÂŒd Wb ce# c[dje Z[ cWdj[d[h bW f[bejW [d [b W_h[" ik Yedjh_dYWdj[ [dYedjhÂŒ bW Z[X_b_ZWZ Z[ bei jh[i `k]WZe# h[i" gk[ de h[WYY_edWhed W fWhWh bWi Xk[dWi `k]WZWi$ CWhYWZeh Ă’dWb '+#- W \Wleh Z[ 9^WbjkhW$
Â&#x; Ä“ĹŠ 4#ĹŠ#+ĹŠ/ 13(".ĹŠ/ 1 ĹŠ!.-.!#1ĹŠ#+ĹŠ3#1!#1.ĹŠ8ĹŠ!4 13.ĹŠ+4% 1Ä“ĹŠ
13(".ĹŠ"#ĹŠ$.-".
Bei [gk_fei J[eZehe =ÂŒc[p Z[ bW Jehh[ o [b ?dij_jkje EjWlWbe i[ [d\h[djWhed fWhW Z[Ă’d_h Wb YWcf[ÂŒd Z[ bW Z_iY_fb_dW$ Bei Z[fehj_ijWi i[ kX_YWhed [d iki fk[ijei" bei jh[i `k[Y[i _d_Y_Whed Yed bW fWhj_ZW$ ;b f‘Xb_Ye WĂ’Y_edWZe gk[ bb[]ÂŒ [d ]hWd fWhj[ W eXi[hlW [b fWh# j_Ze [ijWXW [djki_WicWZe Yed bW ^WX_b_ZWZ gk[ _cfki_[hed bei ckY^WY^ei [d [b YWcfe Z[ `k[# ]e$ ;b fh_c[h i[j be Yedi_]k_ÂŒ \|Y_bc[dj[ [b Y[dj[dWh_e i_d cW#
oeh [i\k[hpe bb[]Whed ^WijW bei fh_c[hei '+ fkdjei YedjhW , gk[ eXjkle [b Yeb[]_e Z[b LWbb[ Z[b 7cWd[Y[h$ ;b i[]kdZe j_[cfe" bei j[eZe# h_ijWi ikc_d_ijhWhed bW c_icW Zei_i" bW f[bejW [hW _cfei_Xb[ Z[ h[iYWjWhbW" ]WdY^ei gk[ de \k[# hed ikf[hWZei feh [b jh‡e Z[ Yeb[# ]_e EjWlWbe o feYe W feYe \k[hed ikcWdZe [b fkdjW`[" XWijÂŒ Zei i[jÉi" fWhW Z[hhejWh Wb h_lWb" [b h[# ikbjWZe Ă’dWb \k[ Z[ '+#.$ Z[ [iW \ehcW i[ bb[lÂŒ bW ]beh_W [b J$=$J [d [b Z[fehj[ [YkWjeh_Wde$
35202&,Ă?1
Ihk eZ \hfikZ ]^ Zkhl ]^ ench r eeZgmZl k^\b[Z @K:MBL Zebg^Z\b¡g% [ZeZg\^h% ^geeZgmZc^% gbmk¡`^gh ^g lnl eeZgmZl% o§eoneZ r mn^k\Z gbjn^eZ]Z'
$Y &ULVWyEDO GH 7UR\D \ $Y )UD\ 9DFDV *DOLQGR 7HOI &HO H PDLO E\URQDUWXUR#KRWPDLO FRP
5266 :+((/
ƒ Ä
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
7 Ĺ?ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
ŋ0 ( ,6ŋ ŋ / ),ŋ *),ŋ&# ,. ŋ ŋ 2*, -#š(
Ŋ#-3(" "Ŋ 2#%41 Ŋ04#Ŋ#+Ŋ! 2.Ŋ#!4 Ĺ 3.1( -.Ŋ#2Ŋ"#Ŋ24Ŋ(-3#1_2ēŊ .Ŋ3., 1;Ŋ#-Ŋ !4#-3 Ŋ+ Ŋ#7/.2(!(¢-Ŋ"#Ŋ 3( .ēŊ bW 9?:> [d l_i_jWh Wb ;ijWZeÇ"
ĹŠ ĹŠ ĹŠ ŊěŊ BW 9ec_i_ÂŒd ?d# j[hWc[h_YWdW Z[ :[h[Y^ei >k# Z_`e EhepYe$ FWj_‹e _dl_jÂŒ [b `k[l[i Wb fb[de cWdei 9?:> _d\ehcÂŒ Wo[h gk[ Z[ bW 9ec_i_ÂŒd W l_i_jWh ik WY[fjW bW _dl_jWY_ÂŒd fWhW fW‡i" fWhW gk[ ÆYedepYWd l_i_jWh ;YkWZeh o [lWbkWh ĹŠ Ăˆ_d i_jkÉ bW i_jkWY_ÂŒd Z[ bW Æi_jkWY_ÂŒd Z[ bW b_X[hjWZ b_X[hjWZ Z[ [nfh[i_ÂŒdÇ o Z[ [nfh[i_ÂŒdÇ" o [if[hW Æikf[h[d bW _d\ehcWY_ÂŒd [ijWXb[Y[h fhÂŒn_cWc[dj[ +ĹŠ.1% -(2,.ĹŠ "# #1;ĹŠ"#$(-(1ĹŠ2(ĹŠ gk[ h[Y_X[d Z[ bei c[Z_ei kdW \[Y^W fWhW [b l_W`[$ #-5~ ĹŠ ĹŠ4- ĹŠ Z[ Yeckd_YWY_ÂŒdÇ$ 7i‡ be _dZ_YÂŒ [b fh[i_# !.,(2(¢-ĹŠ%1 -"#ĹŠ .ĹŠ2¢+.ĹŠ ĹŠ+ ĹŠ1#+ 3.Äą ;b =eX_[hde f_Z_ÂŒ Zk# Z[dj[ Z[ jkhde Z[ bW 9?:>" 1 ĹŠ/ 1 ĹŠ#+ĹŠ/ ~2Ä“ĹŠ [b c[n_YWde @eiƒ Z[ @[i‘i hWdj[ bW h[kd_ÂŒd gk[ bW l_i_jW i[W [d fb[dWh_e" [i EhepYe >[dh‡gk[p" [d kdW Yed\[h[dY_W Z[ fh[diW [d bW gk[ Z[Y_h Yed jeZei be c_[cXhei$ I_d i[ Z[\[dZ_ÂŒ Z[ bWi WYkiWY_ed[i Wb [cXWh]e" bei Yec_i_edWZei de eh]Wd_ice [nfh[iWZWi [b `k[l[i ^Wd Z[Y_Z_Ze W‘d i_ Ykcfb_h|d e feh [b YWdY_bb[h" H_YWhZe FWj_‹e" de [ijW f[j_Y_ÂŒd" ZWZe gk[ Æfeh jhWi kdW h[kd_ÂŒd fh_lWZW Yed bei hWped[i \_dWdY_[hWiÇ bW 9?:> Yec_i_edWZei [d MWi^_d]jed$ ik[b[ [dl_Wh" [d [ijei YWiei" ‘d_# ÆIWbkZWcei [iW _dl_jWY_ÂŒd o YWc[dj[ Wb h[bWjeh Z[b fW‡i gk[ WYehZWcei gk[ kdW l[p gk[ i[ f_Z[ bW l_i_jW" i[]‘d [nfb_YÂŒ bW \ehcWb_Y[" feZWcei Ă’`Wh bW \[Y^W" Yec_i_edWZW fWhW ;YkWZeh" :_# fehgk[ ^Wo _dj[hƒi feh fWhj[ Z[ dW^ I^[bjed$
ÂĄ Ä“ĹŠ 41 -3#ĹŠ+ ĹŠ1#4-(¢-ĹŠ"#+ĹŠ)4#5#2ĔŊ#-ĹŠ 2'(-%3.-ĔŊ#+ĹŠ -!(++#1ĹŠ'(9.ĹŠ+ ĹŠ(-5(3 !(¢-Ä“ĹŠ 2/#1 1;-ĹŠ04#ĹŠ2#ĹŠ' % ĹŠ.ă!( +Ä“ĹŠ
1(3#1(.2
h_YWde Z[ :[h[Y^ei >kcWdeiÇ Bei c_[cXhei Z[ bW 9?:> [l_# gk[ i[ [dYk[djhW [d Ykhie" i[]‘d jWhed fhe\kdZ_pWh [d bWi Yh‡j_YWi fh[Y_iÂŒ [b i[Yh[jWh_e [`[Ykj_le Z[ Z[ FWj_‹e" gk[ WYkiÂŒ [b `k[l[i Wb bW Yec_i_ÂŒd" IWdj_W]e 9WdjÂŒd$ eh]Wd_ice Z[ [njhWb_c_jWhi[ [d iki \kdY_ed[i Wb [c_j_h c[Z_ZWi 4#5 ĹŠ2#"# YWkj[bWh[i fWhW bei YkWjhe [d`k_# 7Z[c|i" ;YkWZeh fbWdj[Wh| W bei Y_WZei [d [b YWie Z[b Z_Wh_e [YkW# YWdY_bb[h[i o h[fh[i[djWdj[i Z[b ^[c_i\[h_e Wdj[ bW E;7 jeh_Wde ;b Kd_l[hie$ gk[ bW i[Z[ Z[ bW 9?:> i[ EhepYe [nfb_YÂŒ gk[ bW ĹŠ jhWibWZ[ W FWdWc|" gk[ ieb_Y_jkZ Z[ ;YkWZeh Z[ ^W [nfh[iWZe [d lWh_Wi kdW h[kd_ÂŒd fh_lWZW [d bW 9?:> Æde [ijWXW h[bWY_e# +ĹŠ -!(++#1ĹŠ ++ ,¢Ŋ#+ĹŠ)4#5#2ĹŠ ĹŠ eYWi_ed[i ik lebkdjWZ Z[ Yedl[hj_hi[ [d WdĂ’jh_edW dWZW Yed WXehZWh kd YWie + ĹŠ ĹŠ4- ĹŠ Z[b ÂŒh]Wde" i[]‘d Z_`e [if[Y‡ÒYeÇ" o gk[ Z[ i[h Wi‡" (-04(2(".1 ĹŠ"#ĹŠ +.2ĹŠ#23 ".2Ä“ĹŠ FWj_‹e$ [b eh]Wd_ice ^WXh‡W Z[X_Ze Æ;b =eX_[hde fk[Z[ f[# eh]Wd_pWh kdW ÆWkZ_[dY_W f‘Xb_YW o Yed bW fWhj_Y_fWY_ÂŒd Z[ Z_h be gk[ gk_[hW" f[he ^Wo gk[ l[h jeZWi bWi fWhj[i _cfb_YWZWiÇ" Z[ i_ j_[d[ h[ifWbZeÇ" Z_`e [b _dl[ij_# WYk[hZe Yed bW 9edl[dY_ÂŒd ?dj[# ]WZeh ieY_Wb BWkjWhe E`[ZW$ FWhW hWc[h_YWdW Z[ :[h[Y^ei >kcW# ƒb" [b fheXb[cW de [i ZÂŒdZ[ [ij| bW i[Z[ fehgk[" i_ X_[d bW 9?:> [ij| dei$ Feh jWdje" YkWdZe bW Z[b[]W# [d MWi^_d]jed" bW 9ehj[ ?dj[hW# Y_ÂŒd [YkWjeh_WdW fbWdj[ÂŒ iki c[h_YWdW [ij| [d 9eijW H_YW$ fh[eYkfWY_ed[i ieXh[ [b YWie Z[ ;b Kd_l[hie" bW 9ec_i_ÂŒd i[‹WbÂŒ # !!(.-#2 Ægk[ de feZh‡Wcei ^WY[h d_d]‘d FWhW 9ƒiWh H_YWkhj[" Z_h[Yjeh Z[ h[]_ijhe [if[Y‡ÒYe [d bei WhY^_# <kdZWc[Z_ei" bW Z[Y_i_ÂŒd Z[ bW lei Z[ bW Yec_i_ÂŒd Z[ d_d]kde Z[ 9?:> Z[ [b_c_dWh bW _dj[hl[d# [iei fbWdj[Wc_[djeiÇ" _dZ_YÂŒ$ Y_ÂŒd Z[b =eX_[hde h[\[h_ZW W ;b BWi eXi[hlWY_ed[i [nfh[# Kd_l[hie" j_[d[ [b [\[Yje fh|Yj_Ye iWZWi Æ[d jƒhc_dei ][d[hWb[iÇ Z[ gk[ bW fh[i[dY_W Z[ bW Z[b[]W# feh ;YkWZeh i‡ i[h|d j[d_ZWi Y_ÂŒd eĂ’Y_Wb de [n_ij_ÂŒ" de j_[d[ [d Yk[djW feh bW 9?:>" gk[ ÆbWi lWb_Z[p o ^W i_Ze XehhWZW Z[ bei WdWb_pWh| Z[djhe Z[b fheY[ie Z[ h[]_ijhei$ Æ;ije Z[ck[ijhW gk[ h[\ehcW Z[b I_ij[cW ?dj[hWc[# bW Z_fbecWY_W [YkWjeh_WdW i_]k[
23.Ŋ"#,4#231 Ŋ04#Ŋ + Ŋ"(/+., !( Ŋĸ#!4 Ĺ 3.1( - ĚŊ2(%4#Ŋ!.,#Ĺ 3(#-".Ŋ#11.1Ŋ31 2Ŋ#11.1Ģē ^ Ŋ
ĹŠ ĹŠ
Yec[j_[dZe [hheh jhWi [hheh" be YkWb Wb_c[djW bW deY_ÂŒd Z[ gk[ [b =eX_[hde de h[if[jW bWi h[]bWi _dj[hdWY_edWb[i o WXedW Wb Z[i# fh[ij_]_e Z[ bW feb‡j_YW [nj[h_ehÇ$ H_YWkhj[ Yec[djÂŒ gk[ FWj_‹e de i[ feZ‡W h[\[h_h Wb YWie" fk[i [d [ij[ cec[dje [ij| [d b_j_]_e [d bW 9?:>" feh jWdje bW 9ec_# i_ÂŒd de feZ‡W h[kd_hi[ Yed kdW Z[ bWi fWhj[i [d YedĂ“_Yje" o i_d bW fh[i[dY_W Z[ bW ejhW$ F[he kdW fei_Y_ÂŒd Z_ij_d# jW fbWdj[Whed bei WiWcXb[‡ijWi >ÂŒb]k[h 9^|l[p o C[hY[Z[i :_c_d_Y^ F7?I " gk_[d[i h[# Y^WpWhed bW WYj_jkZ Z[ bW 9?:> o WĂ’hcWhed gk[ ÆbWi ]hWdZ[i fej[dY_WiÇ ^Wd [ijWZe WYeijkc# XhWZWi W [ijWXb[Y[h iki hkjWi Z[ YedZkYY_ÂŒd$ 7 Yh_j[h_e Z[ :_c_d_Y^" [b =e# X_[hde j_[d[ b[]_j_c_ZWZ fWhW _h W fbWdj[Wh bei j[cWi gk[ i[Wd d[Y[iWh_ei$ ÆBei ]eX_[hdei ied bei _dj[h# beYkjeh[i Z[ kdW 9ec_i_ÂŒd gk[ Z[X[ h[Y[fjWh iki d[Y[i_ZWZ[iÇ" W]h[]ÂŒ$
Ĺ‹)*)-# #š(Ĺ‹+/# , Ĺ‹/(#Ă° ,Ĺ‹-/Ĺ‹0).)Ĺ‹ )(., Ĺ‹& 3Ĺ‹ Ĺ‹' #)-Ĺ‹ ;b eX`[j_le Z[ bW h[kd_ÂŒd [i BWi XWdYWZWi e\_Y_Wb_ijW o Z[ efei_Y_ÂŒd [ijhkYjkhWd ik [ijhW# XkiYWh [b c[YWd_ice Z[ j[d[h j[]_W \h[dj[ W bW lejWY_ÂŒd Z[b fhe# kdW iebW feijkhW" Wkdgk[ de je# o[Yje Z[ b[o Z[ Yeckd_YW# Zei l[d bW \WYj_X_b_ZWZ Z[ bb[]Wh W kd WYk[hZe" f[he Y_ÂŒd$ 7cXei XkiYWd j[d[h lejei ik\_Y_[dj[i" kdei ĹŠ Wi[]khWd gk[ [ij|d [d YedjhW Z[b fheo[Yje$ ;d fWhW WfheXWh bW fhefk[ijW" +ĹŠĂŒ+3(,.ĹŠ$.1.ĹŠ ejhei fWhW Z[i[Y^WhbW$ YWcX_e" F7?I cWdj_[d[ ("#.+¢%(!.ĹŠ2#ĹŠ JeZei bei fWhj_Zei o 1# +(9¢Ŋ#+ĹŠ [b Z_|be]e" [if[Y_Wbc[dj[ Yed WiWcXb[‡ijWi gk[ ^Wd cel_c_[djei YedjhWh_ei Wb ,(_1!.+#2ĹŠ2(-ĹŠ+ ĹŠ /1#2#-!( ĹŠ"#+ĹŠ =eX_[hde fbWd[Wd h[kd_h# /.-#-3#ĹŠ"#+ĹŠ lejWZe Yed [bbei [d Wdj[# i[ bW fhÂŒn_cW i[cWdW" fe# /1.8#!3.Ä“ĹŠ h_eh[i eYWi_ed[i$ i_Xb[c[dj[ [b c_ƒhYeb[i" fWhW Z_iYkj_h iki feijkhWi -;+(2(2 [d h[bWY_ÂŒd Wb fheo[Yje$ ĹŠ 7kdgk[ Xbegk[i Yece ;n_ij[ bW fei_X_b_ZWZ Z[ CF:#FWY^Wakj_a Wdkd# gk[ lej[d [d YedjhW" feh [b +ĹŠÄˆÄ‡ĹŠ"#ĹŠ 1(+ĹŠ Y_Whed ik d[]Wj_lW ieXh[ WhY^_le o" jWb l[p" ^WoW _d# 2#1;ĹŠ+ ĹŠ5.3 !(¢-ĹŠ bW b[o o e\h[Y_[hed kdW Wb# "#ĹŠ+ ĹŠ+#8Ä“ĹŠ Ybkie Wb]kdW WXij[dY_ÂŒd$ j[hdWj_lW fWhW bW lejWY_ÂŒd
Ë+3(,.2Ŋ !.-3#!(,(#-3.2 ŗŊŊ +Ŋ/.-#-3#Ŋ"#+Ŋ/1.8#!3.Ŋ"#Ŋ+#8Ŋ"#Ŋ!.,4-(! !(¢-ĔŊ 41.Ŋ -"(-.ĔŊ8Ŋ#+Ŋ/1#2(Ĺ "#-3#Ŋ"#Ŋ+ Ŋ 2 , +# ĔŊ #1- -".Ŋ .1"#1.Ŋ, -345(#1.-Ŋ4- Ŋ1#4-(¢-Ŋ!.-Ŋ#+Ŋ/1(,#1Ŋ
, -" 3 1(.ĔŊ $ #+Ŋ .11# ĔŊ/ 1 Ŋ - +(9 1Ŋ#+Ŋ 13(!4+ ".ēŊ -Ŋ3#, 2Ŋ!.,.Ŋ+ Ŋ1#"(231(Ĺ 4!(¢-Ŋ"#Ŋ$1#!4#-!( 2Ŋ8Ŋ+ Ŋ/1.$#2(.- +(9 !(¢-ĔŊ .11# Ŋ#2345.Ŋ"#Ŋ !4#1".ēŊ -"(-.Ŋ2# +¢Ŋ04#Ŋ-.Ŋ' + 1.-Ŋ !#1! Ŋ"#+Ŋ5#3.Ŋ/1#2("#-!( +ĔŊĥ04#Ŋ#2Ŋ4-Ŋ "#1#!'.Ŋ+#%~3(,.ĢŊ8Ŋ04#Ŋ3 ,/.!.Ŋ2#Ŋ/+ -3#¢Ŋ+ Ŋ/.2( (+(" "Ŋ"#Ŋ !.1" 1Ŋ#+Ŋ-.Ŋ5#3.Ŋ Ŋ !(#13.2Ŋ 13~!4+.2ēŊ
o gk[ ejhei" Yece 9edY[hjWY_ÂŒd DWY_edWb b[ Wfk[ijWd ‘d_YWc[d# j[ Wb WhY^_le" [d bW h[kd_ÂŒd i[ WdWb_pWh| bW fei_X_b_ZWZ Z[ bb[]Wh W kd Yedi[die$ 7b]kdei" Yece CWh‡W FWkbW Hece" [ij|d [if[hWdZe j[d[h [b fheo[Yje fWhW Z[Ă’d_h i_ lejWh [d
YedjhW e feh [b WhY^_le o fh[Ă’[h[d de fhedkdY_Whi[ Wb h[if[Yje W‘d$ ;djh[ bei _dZ[f[dZ_[dj[i" gk_[d[i Z[Ă’d_h‡Wd bW lejWY_ÂŒd" jeZWl‡W de [n_ij[ kd Yh_j[h_e YbW# he$ ;ij|d W bW [if[hW Z[ h[Y_X_h" Z[ CWkhe 7dZ_de" [b ZeYkc[dje Ă’dWb" gk[ i[h‡W [djh[]WZe" i[]‘d
ēŊ Ŋ5.3 !(¢-Ŋ#23;Ŋ"(5("(" ēŊ "(#Ŋ#-Ŋ+ Ŋ 2 , +# Ŋ!4#-3 Ŋ!.-Ŋ+.2Ŋ /.8.2Ŋ-#!#2 1(.2ēŊŊ
[b fed[dj[" bW fhÂŒn_cW i[cWdW$ 7dZ_de _dZ_YÂŒ gk[ [ijei Z‡Wi i[ Z[Z_YWh| W [bWXehWh [b fheo[Y# je Ă’dWb `kdje W iki Wi[ieh[i fWhW Z_ijh_Xk_hbe W jeZei bei WiWc# Xb[‡ijWi$
ƒ Ă
7 ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
-3 ĹŠ 4!~ ĹŠ#2/#1 ĹŠ+.2ĹŠ.$1#!(,(#-3.2
ĚŊ .2ĹŠ#$#!3.2ĹŠ"#ĹŠ+ ĹŠ5(2(3 ĹŠ"#+ĹŠ/1#2("#-3#ĔŊ $ #+ĹŠ .11# ĔŊ +ĹŠ! -3¢-ĹŠ -3 ĹŠ 4!~ ĔŊ4-.ĹŠ"#ĹŠ+.2ĹŠ,;2ĹŠ $#!3 ".2ĹŠ/.1ĹŠ#+ĹŠ(-5(#1-.ĔŊ ĂŒ-ĹŠ-.ĹŠ2#ĹŠ2(#-3#-ĹŠ#-ĹŠ#23 ĹŠ /. + !(¢-ĹŠ"#ĹŠ 4 8 2Ä“ĹŠ "2.-ĹŠ +5 1 ".ĔŊ +! +"#ĹŠ"#ĹŠ#23 ĹŠ!(4" "ĔŊ(-"(!¢Ŋ04#ĹŠ#+ĹŠ 1#2("#-3#ĹŠ!.-23 3¢Ŋ+.2ĹŠ"  .2ĹŠ"#ĹŠ+ ĹŠ- 341 +#9 ĹŠ8ĹŠ04#ĹŠ#2/#1 ĹŠ#+ĹŠ!4,/+(,(#-3.ĹŠ"#ĹŠ+.ĹŠ !.1" ".Ä“ #%ĂŒ-ĹŠ +5 1 ".ĔŊ#+ĹŠ1_%(,#-ĹŠ !34 +ĹŠ!.,/1.,#3(¢Ŋ 84" ĹŠ/ 1 ĹŠ#+ĹŠ/4#-3#ĹŠ! 11.2 +#ĹŠ8ĹŠ31 ) 1ĹŠ#-ĹŠ!.-)4-3.ĹŠ!.-ĹŠ+ ĹŠ1#/1#2#-3 -3#ĹŠ"#ĹŠ2 +4"ĹŠ8ĹŠ#+ĹŠ/1#$#!3.ĔŊ (,,8ĹŠ
(1 + ĔŊ/ 1 Ŋ" 1Ŋ2.+4!(¢-Ŋ#-Ŋ!4 -3.Ŋ! +,#-Ŋ+ 2Ŋ %4 2ē
-* ˜ Ĺ‹()' , Ĺ‹(/ 0)Ĺ‹ ' $ ),Ĺ‹ (Ĺ‹ / ), ĔŊ ĹŠÄ› ;b =eX_[hde [ifW‹eb WfheXÂŒ Wo[h [b decXhWc_[dje Z[ lWh_ei [cXW`WZeh[i Z[ ;ifW# ‹W [d [b [njhWd`[he" [djh[ [bbei [b Z[ L‡Yjeh Bk_i <W]_bZ[ Yece ik dk[le h[fh[i[djWdj[ Z_fbec|j_# Ye [d ;YkWZeh$ <W]_bZ[" WYjkWb YÂŒdikb ][d[# hWb [d IWdj_W]e Z[ 9^_b[" bb[]W W Gk_je Z[ifkƒi Z[ ^WX[h [`[hY_Ze Yece Z_fbec|j_Ye [d =kWj[cWbW o 8eb_l_W$
Z_fbec|j_Yei [d 8ƒb]_YW" Ik[Y_W" =h[Y_W" 8kb]Wh_W" ;ibelWgk_W o <_dbWdZ_W$ 7 [ij[ ‘bj_ce fW‡i [dl_Wh| W CWh‡W @[i‘i <_]W" h[fh[i[djWdj[ Z[ ;ifW‹W Wdj[ bW IWdjW I[Z[ Zk# hWdj[ [b ‘bj_ce W‹e" YWh]e Wb gk[ Wdj[Y[Z_[hed bei Z[ [cXW`WZehW [d H[f‘Xb_YW :ec_d_YWdW o ikX# i[Yh[jWh_W [ifW‹ebW Z[ ;nj[h_eh[i$ JWcX_ƒd eYkfÂŒ Z_l[hiei fk[ijei [d bWi eĂ’Y_dWi [d 9eijW Z[ CWh# Ă’b" Cƒn_Ye o B_iXeW$ 31.2ĹŠ-., 1 ,(#-3.2ĹŠ ĹŠĹŠĹŠ 9ece [cXW`WZeh Z[ ;ifW‹W 7Z[c|i Z[ ik dk[le [cXW`WZeh [d =h[Y_W" [b =eX_[hde [ifW‹eb [d ;YkWZeh" [b =eX_[hde [ifW‹eb decXhÂŒ W 7b\edie BkY_d_" ^WijW WfheXÂŒ jWcX_ƒd [b decXhWc_[d# W^ehW c|n_ce h[fh[i[djWdj[ Z[ je Z[ bei dk[lei h[fh[i[djWdj[i ;ifW‹W [d ?jWb_W$
Ä“ĹŠ ĹŠ #8ĹŠ"#ĹŠ %4 2ĹŠ2#1~ ĹŠ"#ĹŠ+ 2ĹŠ/1(,#1 2ĹŠ#-ĹŠ31 3 1ĹŠ#23#ĹŠ,#! -(2,.Ä“ĹŠĹŠ
&ŋ ) # ,()ŋ &#( ŋ& ŋ )(-/&. ŋ*, & !#-& .#0 ŋ -Ŋ4-Ŋ(-(!(.ĔŊ#+Ŋ1#%+ ,#-3.Ŋ/#1,(3~ Ŋ 04#Ŋ+.2Ŋ"#2 !4#1".2Ŋ2# -Ŋ"# 3(".2Ŋ #-Ŋ+ Ŋ 2 , +# ĔŊ '.1 Ŋ-(Ŋ#2.ēŊ
ÂĄ Ä“ĹŠ +ĹŠ 13(".ĹŠ .!( +(23 ĹŠ$4#ĹŠ#+ĹŠĂŒ+3(,.ĹŠ#-ĹŠ/1#2#-3 1ĹŠ242ĹŠÄƒ1, 2ĔŊ#23 ĹŠ2#, - Ä“ĹŠ
Ĺ‹#( , ' (. (Ĺ‹&)-Ĺ‹ -Ă°& -Ĺ‹ Ĺ‹ .), -Ĺ‹ *)&v.# )-Ĺ‹ (Ĺ‹ &Ĺ‹ ;b Fb[de Z[b 9edi[`e DWY_edWb +#-" 1(. ;b[YjehWb 9D; i[ h[kd_ÂŒ Wo[h Bei fWhj_Zei o cel_c_[djei j_[# [d bW :[b[]WY_ÂŒd ;b[YjehWb Z[b d[d fbWpe ^WijW `kb_e fWhW fbWdj[Wh 7pkWo fWhW YWb_Ă’YWh bWi Ă’hcWi ik ieb_Y_jkZ Z[ fWhj_Y_fWY_ÂŒd [d gk[ fh[i[djÂŒ [b Cel_c_[dje FW# bei fhÂŒn_cei Yec_Y_ei [d [b 9D; Y^Wakj_a" be gk[ b[i f[hc_j_h| Yed ',& c_b \_hcWi Z[ h[ifWbZe" Z[ fWhj_Y_fWh [d bWi [b[YY_ed[i ][# WYk[hZe Yed bW Z_ifei_Y_ÂŒd [ijWXb[# d[hWb[i Z[ \[Xh[he Z[ (&')$ Y_ZW [d [b 9ÂŒZ_]e Z[ bW :[ceYhWY_W" >WijW [b Y_[hh[ Z[ [ijW [Z_Y_ÂŒd" gk[ i[‹WbW gk[ kd W‹e Wdj[i Z[ bWi [b eh]Wd_ice jeZWl‡W WdWb_pWXW [b [b[YY_ed[i" bei ik`[jei feb‡j_Yei Z[# [ijkZ_e jƒYd_Ye gk[ b[ fh[i[djÂŒ bW X[h|d h[_diYh_X_hi[ [d [b eh]Wd_ice :_h[YY_ÂŒd DWY_edWb Z[ FWhj_Zei Z[b ik\hW]_e$ Feb‡j_Yei" f[he [njhWeĂ’Y_Wbc[dj[ >WijW [b cec[dje" fWhj_Zei i[ YedeY_ÂŒ gk[ [b 9D; ZWh‡W bkp Yece [b Fh_Wd" [b FIF" CF: o [b l[hZ[ W [ij[ cel_c_[dje e\_Y_Wb_ijW 7b_WdpW F7?I _dZ‡][dW1 XhWpe feb‡j_Ye ^Wd i_Ze ^WX_b_jWZei feh ĹŠ Z[ bW 9edW_[$ [b eh]Wd_ice Z[b ik\hW]_e BW fhÂŒn_cW i[cWdW" fWhW fWhj_Y_fWh [d bWi [b[Y# [b 9D; fh[lƒ Z[Ă’d_h i_ 13(".2ĹŠ8ĹŠ,.5(Äą Y_ed[i$ :[ WYk[hZe Yed ,(#-3.2ĹŠ3(#-#-ĹŠ ZW fWie e de W bWi Ă’h# /+ 9.ĹŠ' 23 ĹŠ)4+(.ĹŠ [b YWb[dZWh_e [b[YjehWb" [d (1Äą W]eije" [b fh[i_Z[dj[ Z[b cWi gk[ fh[i[djWhed [b / 1 ĹŠ1#(-2!1( 2#Ä“ 9D;" :ec_d]e FWh[Z[i FWhj_Ze IeY_Wb 9h_ij_Wde h[Wb_pWh| bW YedleYWjeh_W FI9 1 [b Cel_c_[dje ;gk_fe" Z[ <WXh_Y_e 9ehh[W" eĂ’Y_Wb W [b[YY_ed[i$ 9ece fWhj[ Z[b fheY[ie" [b eh# ^[hcWde Z[b Fh[i_Z[dj[ Z[ bW H[f‘Xb_YW1 o [b Cel_c_[dje ]Wd_ice h[Wb_pÂŒ Wo[h [d 9k[dYW 7lWdpW" b_Z[hWZe feh [b j_jkbWh kd i[c_dWh_e fWhW _d_Y_Wh kdW Z[b 9edi[`e :_h[Yj_le Z[b ?;II" YWfWY_jWY_ÂŒd [b[YjehWb [d bei XW# HWc_he =edp|b[p$ hh_ei Z[ [iW fhel_dY_W$
1~3(! 2Ŋ Ŋ+ Ŋ /1. !(¢-Ŋ"#+Ŋ 1#%+ ,#-3. ŗŊŊ #1- -".Ŋ .1"#1.ĔŊ/1#2("#-3#Ŋ "#Ŋ+ Ŋ 2 , +# ĔŊ -4-!(¢Ŋ04#Ŋ#+Ŋ
?dYehfehWh bW feijkhW Z[ bei ZW _dYbk_h| [d [b fheo[Yje Z[ b[o fk[Xbei _dZ‡][dWi" cedjk# bei Yedi[diei ikiYh_jeiÇ" f[he de X_ei o W\hei [d bei fheo[Yjei ^WXbW ieXh[ bei Z[iWYk[hZei$ .-2#).Ŋ"#Ŋ ",(-(231 !(¢-Ŋ"#Ŋ+ Ŋ Z[ b[o gk[ b[i W\[Yj[d i[ Z_Ò# ;b l_Y[fh[i_Z[dj[ Z[ bW 9ed#
#%(2+ 341 Ŋĸ ĚŊ"# #1;ĹŠ /1. 1ĹŠ#+ĹŠ YkbjW Yed [b dk[le XehhWZeh \[Z[hWY_ÂŒd Z[ DWY_edWb_ZWZ[i 1#%+ ,#-3.ĹŠ/ 1 ĹŠ1# +(9 1ĹŠ+ ĹŠ!.-24+3 ĹŠ Z[ h[]bWc[dje Z[ YedikbjW ?dZ‡][dWi Z[b ;YkWZeh 9edW_[ " /1#+#%(2+ 3(5 Ä“ fh[b[]_ibWj_lW" Z[X_Ze W gk[ @eiƒ 7YWY^e" i[‹WbÂŒ gk[ [bbei de #1.ĹŠ/ 1 ĹŠ 423.ĹŠ . .Ŋĸ ĚŊ#23.ĹŠ bei Z[iWYk[hZei de i[h|d WZ# lWd W f[hc_j_h gk[ iki Æ_Z[Wi de -.ĹŠ#2ĹŠ/.2( +#Ä“ĹŠÄĄ ĹŠ$4-!(¢-ĹŠ"#+ĹŠ ĹŠ#2ĹŠ `kdjWZei [d bei fheo[Yjei Z[ i_hlWd fWhW dWZWÇ$ /1. 1ĹŠ1#%+ ,#-3.2ĹŠ/ 1 ĹŠ#+ĹŠ$4-!(.Äą ;d fh_dY_f_e" Z_`e gk[ de lWd b[o" d_ jWcfeYe jhWjWZei [d [b - ,(#-3.ĹŠ(-3#1-.ĹŠ"#ĹŠ+ ĹŠ 2 , +# ĢĔŊ fb[de Z[ bW 7iWcXb[W" Yece W Z[iYedĂ’Wh Z[ bW Xk[dW lebkd# 2# +¢Ŋ#+ĹŠ+#%(2+ ".1ĔŊ04(#-ĹŠ/+ -3# ĹŠ i[ Z_`e ^WijW [b `k[l[i$ jWZ Z[ bei WiWcXb[‡ijWi$ ÆDeie# 04#ĹŠ2# ĹŠ#+ĹŠ/+#-.ĹŠ#+ĹŠ04#ĹŠ /14# #ĹŠ.ĹŠ 9ed [ije" bW fh[eYkfWY_ÂŒd jhei fhefki_cei gk[ i[ WXhW kd 04#ĹŠ#+ .1#ĹŠ4- ĹŠ1#2.+4!(¢-ĹŠ/ 1 ĹŠ04#ĹŠ f[hi_ij[ [d [b i[Yjeh _dZ‡][# [ifWY_e Z[ Z[XWj[ ZedZ[ i[ fk[# #2#ĹŠ.1% -(2,.ĹŠ2# ĹŠ#+ĹŠ#-! 1% ".ĹŠ"#ĹŠ dW" gk[ Z[cWdZW gk[ bei ZW Z_Wbe]Wh Z_h[YjWc[dj[ fe# #+ .1 1Ä“ĹŠ h[ikbjWZei i[Wd l_dYkbWdj[i" ZWcei Yedi[dikWh" f[he dkdYW Wkdgk[ bW 9edij_jkY_ÂŒd de be lWcei W WZc_j_h gk[ [n_ijW kdW gk[ jhWj[ bW b[oÇ$ f[hc_j[$ Feh [ie" fhefed[d _cfei_Y_ÂŒdÇ" W‹WZ_ÂŒ$ L_h]_b_e >[hd|dZ[p F7?I de kd c[YWd_ice0 [b Yedi[dj_# f_[diW be c_ice$ Æ;d kdW f[hi# c_[dje fh[l_e$ +3#1- 3(5 f[Yj_lW Z[ Z_|be]e" de ;ije i[ ikcW W bWi ĹŠ jeZe be gk[ i[ fbWdj[W JWdje 7YWY^e" ĹŠ Z[dkdY_Wi Z[b hec# j_[d[ gk[ i[h WY[fjWZe Yece [b WiWcXb[‡i# fehgk[ fk[Z[d [n_ij_h f_c_[dje Z[b Z_|be]e jW 9ƒiWh Cedj‘\Wh +# ĹŠ 23#ĹŠ$4#ĹŠ4-.ĹŠ"#ĹŠ fbWdj[Wc_[djei YedjhW# [djh[ [b =eX_[hde e [b ĹŠ 2 , 9D " fhefed[d 3(#-#ĹŠ3." ĹŠ+ ĹŠ1#2Äą +.2ĹŠ/4-3.2ĹŠ/1(-Äą i[Yjeh e\_Y_Wb_ijW Yed /.-2 (+(" "ĹŠ"#ĹŠ gk[ i[ _dijWkh[ [b !(/ +#2ĹŠ#7/4#2Äą Z_Yjeh_eiÇ" i[‹WbW [b b[# 3.2ĹŠ/.1ĹŠ+.2ĹŠ(-"~Äą bWi c_deh‡Wi" be gk[ + ĹŠ#)#!4!(¢-ĹŠ"#ĹŠ+ ĹŠ fh_dY_f_e Z[ Yed# ]_ibWZeh" gk_[d Yedi_Z[# !.-24+3 ĹŠ/1#+#Äą %#- 2ĹŠ04#ĹŠ/ 13(Äą Z_\_YkbjWh‡W bb[]Wh W %(2+ 3(5 Ä“ĹŠ i[dj_c_[dje fh[# !(/ 1.-ĹŠ"#ĹŠ+ ĹŠ hW gk[ Æ[i eXl_e gk[ bei , 1!' ĹŠ"#ĹŠ./.Äą WYk[hZei [djh[ bWi Zei WYk[hZei i[ _dYehfeh[d l_e" XWiWZei [d bei 2(!(¢-ĹŠ#+ŊĉĉŊ"#ĹŠ fWhj[i" i[]‘d bei efe# Yedl[d_ei _dj[hdW# , 19.Ä“ĹŠ [d [b fheo[Yje Z[ b[oÇ$ i_jeh[i$ Y_edWb[i$ Æ;b fheXb[cW l_[# (-ĹŠ"(;+.%. d[ Z[iZ[ bW 9edij_jkY_ÂŒd$ Bei fk[Xbei o dWY_edWb_ZWZ[i j_[# Cedj‘\Wh Yedi_Z[hW Z_\‡Y_b bb[]Wh .-24+3 ;b j[nje oW \k[ [djh[]WZe feh d[d [b Z[h[Y^e W i[h YedikbjWZei" W Yedi[diei fehgk[ Æ[b =eX_[hde bW fh[i_Z[djW Z[ bW 9ec_i_ÂŒd f[he de j_[d[ kd YWh|Yj[h l_dYk# [ij| WYeijkcXhWZe W f[diWh gk[" Z[ IeX[hWd‡W 7b_c[djWh_W" ?h_# bWdj[Ç$ Yece ]WdÂŒ bWi [b[YY_ed[i" j_[d[ [b O i_d [i[ Yh_j[h_e" fWhW Ced# Z[h[Y^e Z[ _cfed[hÇ$ dW 9WX[pWi F7?I " Wb j_jkbWh ;ije ^W fheleYWZe" i[]‘d [b Z[ bW 7iWcXb[W o Z[b 9edi[`e j‘\Wh" ÆbW YedikbjW [i kd WYje Z[ 7Zc_d_ijhWY_ÂŒd B[]_ibWj_lW i_cXÂŒb_Ye" Z[ ZWh fkdjei Z[ WiWcXb[‡ijW" de iÂŒbe [b hecf_# 97B " <[hdWdZe 9ehZ[he$ l_ijW" _dj[hYWcX_Wh ef_d_ed[i" c_[dje Z[b Z_|be]e o bW Z[iYWb_Ă’YW# ;b Whj‡Ykbe (& [ijWXb[Y[ f[he d[Y[iWh_Wc[dj[ fh[lWb[# Y_ÂŒd" i_de ÆkdW YedijWdj[ [ _d\hWd# gk[ ÆbW Yec_i_ÂŒd [if[Y_Wb_pW# Y[h| bW feijkhW Z[ bW Yec_i_ÂŒd gk[WXb[ febWh_pWY_ÂŒd Z[b fW‡iÇ$
(#0 ,-# -Ĺ‹Ä’ Ä“Ĺ‹ ,#.# (Ĺ‹ & Ĺ‹ 0 &/ #š(Ĺ‹ &Ĺ‹ -. ) 23 ĹŠ#+ĹŠ,.,#-Äą 3.ĔŊĊŊ"#ĹŠ+ 2ŊĉÄ?ĹŠ04#ĹŠ #23;-ĹŠ#-ĹŠ+ ĹŠ! 3#Äą %.1~ ĹŠ /#+ 1;-ĹŠ#+ĹŠ (-$.1,#Ä“ĹŠ
;b 9[WWY[i 9edi[`e Z[ ;lWbkW# Y_ÂŒd" 7Yh[Z_jWY_ÂŒd o 7i[]khW# c_[dje Z[ bW 9Wb_ZWZ Z[ bW ;Zk# YWY_ÂŒd Ikf[h_eh [djh[]ÂŒ W bWi kd_l[hi_ZWZ[i Z[ YWj[]eh‡W ; bei _d\ehc[i jƒYd_Yei gk[ h[Wb_pW# hed bei ,( [lWbkWZeh[i ZkhWdj[ bWi l_i_jWi _d i_jk Yece fWhj[ Z[ bW [lWbkWY_ÂŒd gk[ h[Wb_pW [ij[ eh# ]Wd_ice o gk[ Z[Ă’d_h| Yk|b[i Z[ [ijWi [dj_ZWZ[i Z[X[h|d Y[hhWh iki fk[hjWi$ I_d [cXWh]e" Wb]kdei h[Yje# h[i fh[i[djWhed eXi[hlWY_ed[i fehgk[ de [ij|d Z[ WYk[hZe Yed ÂĄ Ä“ĹŠ 2ĹŠ(-23(34!(.-#2ĹŠ"#ĹŠ#"4! !(¢-ĹŠ24/#1(.1ĹŠ#2/#1 -ĹŠ#+ĹŠ(-$.1,#ĹŠÄƒ- +ĔŊ#+ĹŠ/1¢7(,.ĹŠÄˆÄ‰ĹŠ"#ĹŠ 1(+Ä“ĹŠ .2ĹŠ +4,-.2ĹŠ2(#-3#-ĹŠ (-!#13("4, 1#Ä“ĹŠ Z_Y^W YWb_Ă’YWY_ÂŒd$ ;i [b YWie Z[b fh_dY_fWb Z[ bW Kd_l[hi_ZWZ FWdWc[h_YWdW feh Zei [ijkZ_Wdj[i Z[ bW kd_l[h# ,/4%- !(.-#2ĹŠ Z[ 9k[dYW" 7djed_e CWhj‡d[p" i_ZWZ gk[ Z_h_][$ Æ;iW [i kdW Bei h[Yjeh[i gk[ de [ijƒd Z[ gk_[d ieb_Y_jÂŒ h[Yj_\_YWY_ed[i$ fhk[XW \[^WY_[dj[ Z[ bW YWb_ZWZ WYk[hZe feZh|d ieb_Y_jWh h[Yj_# +ĹŠ # !#2ĹŠ/1#2#-3¢Ŋ+.2ĹŠ1#24+3 Äą Æ;d [b _d\ehc[ i[‹WbWd gk[ de [ZkYWj_lW gk[ [djh[]Wcei [d bW Ă’YWY_ÂŒd$ Æ;b 9edi[`e h[iebl[h| ".2ĹŠ"#ĹŠ+ 2ĹŠ#5 +4 !(.-#2ĹŠ04#ĹŠ /+(!¢Ŋ ^Wo WieY_WY_ÂŒd Z[ fhe\[ieh[i" o kd_l[hi_ZWZ o [b 9[WWY[i Z[X[h‡W i_ l_[d[ e de Wb YWieÇ" Z_`e Bed]" ĹŠ+.2ĹŠ#234"( -3#2ĹŠ"#+ĹŠĂŒ+3(,.ĹŠ  .ĹŠ"#ĹŠ gk_[d h[YehZÂŒ gk[ [b fbWpe fWhW i‡ bW ^Wo$ JWcX_ƒd i[ Z[jWbbW gk[ Yedi_Z[hWh [ij[ fkdjeÇ" i[‹WbÂŒ$ + 2ĹŠ4-(5#12(" "#2ĹŠ! 3#%.1~ ĹŠ Ä“ĹŠ #ĹŠ [ijei h[Ykhiei [i Z[ *. ^ehWi de ^[cei WfeoWZe fWhW gk[ bei +.2ĹŠÄ‘Ä“ÄŠÄ‘Ä?ĔŊ2¢+.ĹŠÄˆÄŠÄ’ĹŠ. 345(#1.-ĹŠ4- ĹŠ Z[ifkƒi Z[ gk[ h[Y_X_[hed bei ZeY[dj[i j[d]Wd Ykhiei Z[ fei# #2/4#23 ĹŠ.ă!( + ! +(ă! !(¢-ĹŠ2. 1#2 +(#-3#ĹŠ8ĹŠÄˆÄ?ĹŠ !!#Äą I_d [cXWh]e" [b Z_h[Yjeh h[ikbjWZei$ ÆBWi fh_c[hWi Wk# ]hWZe o [ijW Wi[l[hWY_ÂŒd "(#1.-ĹŠ ĹŠ #! 2ĹŠ"#ĹŠ#7!#+#-!( ĹŠ/.1ĹŠ4-ĹŠ Z[b 9[WWY[i" =k_bbWkc[ Z_[dY_Wi i[ h[Wb_pWh|d [b bkd[i" [b [i _d[nWYjW fehgk[ _dYbk# ĹŠ 5 +.1ĹŠ"#ĹŠ' 23 ŊĉĎćŊ,(+ĹŠ"¢+ 1#2Ä“ĹŠ Bed]" Z_`e gk[ [b ^[Y^e Z[ ^ehWh_e [ij| feh Z[j[hc_dWhi[Ç" ie ^[cei ZWZe b_Y[dY_W -ĹŠ!.,/#3#-!( 2ĹŠ#2/#!~ă! 2ĔŊ Yed ik[bZe fWhW gk[ i[ 2ĹŠ(,/4%- !(.Äą gk[ bei [ijkZ_Wdj[i ^WoWd WYejÂŒ$ #+ĹŠ/1.,#"(.ĹŠ%#-#1 +ĹŠ$4#ĹŠ"#ĹŠÄŒÄŽÄ’Ä”ÄˆÄˆĹŠ 7 bW l[p" _dZ_YÂŒ gk[ ^WijW [b ]WdWZe X[YWi de ]WhWdj_pW YWfWY_j[d o W ckY^ei Z[ -#2ĹŠ2#ĹŠ/4#"#-ĹŠ ' !#1ĹŠÄŒÄ‘ĹŠ'.1 2ĹŠ /4-3.2ĹŠ2. 1#ŊđććŊ8ĹŠ#-ĹŠ#+ĹŠ!.,/#Äą gk[ bW kd_l[hi_ZWZ de Y_[# cec[dje jh[i kd_l[hi_ZWZ[i ^Wd [bbei b[i ^[cei WokZWZe "#2/4_2ĹŠ"#ĹŠ04#ĹŠ#+ĹŠ 3#-!( 2ĹŠ%#-#1 +#2ĹŠ+ ĹŠ! +(ă! !(¢-ĹŠ#-ĹŠ [YedÂŒc_YWc[dj[Ç" Z_`e$ # !#2ĹŠ#-31#% ĹŠ hh[ iki fk[hjWi$ ÆI[ Z[X[ f[Z_Ze i[h h[Y_X_ZWi" f[he de [n# +#!341 ĹŠ$4#ĹŠÄŒÄ‡ÄŽÄ”ĹŠÄ‘ÄˆĹŠ2. 1#ŊđććŊ8ĹŠ#-ĹŠ h[YehZWh gk[ bWi fhk[XWi fb_YÂŒ Yk|b[i$ CWhj‡d[p W‘d de h[# #+ĹŠ(-$.1,#Ä“ĹŠ #7/1#2(¢-ĹŠÄŠÄ’Ä’Ä”Ä?ĉēŊ W bei [ijkZ_Wdj[i Z[ ‘bj_# Y_X[ kdW h[ifk[ijW Z[b eh]Wd_ice o [d [b YWie Z[ gk[ bW ce W‹e iÂŒbe h[fh[i[djWd kd feh# -5#12(¢_dij_jkY_ÂŒd de ^W]W ceZ_Ă’YWY_e# Y[djW`[ Z[b h[ikbjWZe jejWb" bWi @[i‘i L_dj_c_bbW" h[Yjeh Z[ bW ÆIed WYY_ed[i Z[ WYk[hZe Yed bWi d[i de Z[iYWhjW kdW _cfk]dW# X[YWi ejeh]WZWi de ]WhWdj_pWd Kd_l[hi_ZWZ E] CWdZ_de" _dZ_YÂŒ h[Yec[dZWY_ed[i gk[ j[d‡Wcei" Y_ÂŒd$ 7b c_ice j_[cfe" Z[ijWYÂŒ gk[ bW kd_l[hi_ZWZ f[hcWd[pYW gk[ [d [i[ Y[djhe i[ ^W _dl[hj_Ze ^[cei c[`ehWZe [d jeZei bei Wi# Y[hYW Z[ kd c_bbÂŒd Z[ ZÂŒbWh[i$ f[YjeiÇ" [nfh[iÂŒ$ bWi X[YWi Z[ [nY[b[dY_W eXj[d_ZWi WX_[hjWÇ$
#24+3 ".2 Ĺ—ĹŠ
- * , Ĺ‹ &Ĺ‹ / ,*)Ĺ‹ Ĺ‹/(Ĺ‹( )( .) ÆGk_[he gk[ c[ Z[lk[blWd [b @eiƒ Bk_i FWbWY_ei :ecei l_l[ Yk[hfe Z[ c_ ^_`eÇ" [nfh[iÂŒ FW# Yed bW _dY[hj_ZkcXh[ Z[ iWX[h bWY_ei" W gk_[d YWZW l[p b[ dWY[d gkƒ fWiÂŒ Yed [b Yk[hfe Z[ ik c|i _dgk_[jkZ[i" [djh[ [bbWi gk[ ^_`e$ ;b '* Z[ cWhpe" ik [ifeiW" ik j[hY[h ^_`e dWY_ÂŒ l_le o Wb# :_WdW O|‹[p" _d]h[iÂŒ Wb >eif_jWb ]k_[d i[ be bb[lÂŒ e gk[ ik Yk[hfe =kijWle :ec‡d]k[p" Z[ IWdje _d[hj[ \k[ Yec[hY_Wb_pWZe W bei [ijkZ_Wdj[i Z[ c[Z_Y_dW$ :ec_d]e" Yed Zebeh[i Z[ 7b h[if[Yje" CWkhe fWhje$ ĹŠ <WbYed‡" Z_h[Yjeh Z[ bW Bk[]e Z[ YkWjhe Z‡Wi Z[ YWiW Z[ iWbkZ" cWd_\[ijÂŒ [if[hW" O|‹[p \k[ _dj[hl[# !#ĹŠÄˆÄˆĹŠ"~ 2ĔŊ+ ĹŠ gk[ [b ( Z[ WXh_b" [b 9ec_# d_ZW$ F[he Z[iZ[ [iW \[Y^W #$#-2.1~ ĹŠ +(! ĹŠ2.+(!(3¢Ŋ jƒ Z[ 8_eƒj_YW" gk[ [i [b de lebl_ÂŒ W iWX[h dWZW Z[b ĂŒ (-$.1, !(¢-ĹŠ [dYWh]WZe Z[ _dl[ij_]Wh gk[ _XW i[h ik j[hY[h ^_`e$ 2. 1#ĹŠ#+ĹŠ! 2.ĔŊ [ijei YWiei" [c_j_h| kd IÂŒbe b[ Z_`[hed gk[ ^WX‡W /#1.ĹŠ ĂŒ-ĹŠ-.ĹŠ' 8ĹŠ 1#2/4#23 Ä“ĹŠ _d\ehc[ WY[hYW Z[ gkƒ ck[hje$ ikY[Z_ÂŒ Yed [b ^_`e Z[ bW 9kWdZe FWbWY_ei b[ h[# YbWcÂŒ W bW ZeYjehW gk[ Wj[dZ_ÂŒ [b \Wc_b_W FWbWY_ei#O|‹[p$ 7Z[c|i" _dZ_YÂŒ gk[ de i[ h[# fWhje" [bbW b[ _dZ_YÂŒ gk[ Æ[b Yk[h# fe Z[b d_‹e ^WX‡W i_Ze Z[i[Y^W# delWh|d bei YedjhWjei Z[ bWi YkW# Ze o gk[ oW be _XW W XkiYWh [d bW jhe f[hiedWi l_dYkbWZWi Yed bW Z[iWfWh_Y_ÂŒd$ XWikhWÇ$
Ŋ š >WY[ ') Z‡Wi"
ƒ 7 ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
ă
( -Ĺ‹ Ĺ‹ -*# )-Ĺ‹Ĺ‹ (Ĺ‹ &Ĺ‹- .),Ĺ‹ Ĺ‹& Ĺ‹- &/ 9_[djei Z[ jhWXW`WZeh[i Z[ bei ^eif_jWb[i 7X[b =_bX[hj FedjÂŒd" Z[ =kWoWgk_b1 L[hZ_ 9[lWbbei" Z[ Fehjel_[`e1 @eiƒ CWh‡W L[bWiYe ?XWhhW" Z[ J[dW1 o 8WYW Ehj_p" Z[ Gk_je" \k[hed Z[if_Zei Wo[h$ ;b C_# d_ij[h_e Z[ IWbkZ Wh]kc[djÂŒ gk[ \k[ feh kd fheY[ie Z[ [nj[hdWb_pWY_ÂŒd Z[ i[hl_Y_ei Z[ bWlWdZ[h‡W" i[]kh_ZWZ" Wb_c[djWY_ÂŒd o b_cf_[pW$ (23.1( 2
KdW jhWXW`WZehW Z[b i[hl_Y_e Z[ b_cf_[pW _dZ_YÂŒ gk[ bei \kdY_edWh_ei Z[ bei c_d_i# j[h_ei Z[ IWbkZ o H[bWY_ed[i BWXehWb[i b[i Z_[hed kdW YWh# jW [d bW gk[ b[i Yeckd_YWXWd gk[ iÂŒbe feZ‡Wd bWXehWh ^WijW Wo[h o gk[ [b / Z[ WXh_b Z[X[# h|d WY[hYWhi[ Wb C_d_ij[h_e Z[ H[bWY_ed[i BWXehWb[i fWhW YedeY[h bei Z[jWbb[i Z[ bW _d# Z[cd_pWY_ÂŒd$ ;ij[ Z_W# h_e _dj[djÂŒ ĹŠ eXj[d[h kdW l[hi_ÂŒd Z[b ,/1#2 2ĹŠ/1(5 Äą C_d_ij[h_e Z[ " 2ĹŠ8 ĹŠ$4#1.-ĹŠ IWbkZ F‘Xb_YW !.-31 3 " 2ĹŠ/ 1 ĹŠ !4,/+(1ĹŠ+ 2ĹŠ f[he Z_`[hed 3 1# 2ĹŠ"#ĹŠ+.2ĹŠ gk[ de feZ‡Wd "#2/#"(".2Ä“ fhedkdY_Whi[ Wb h[if[Yje o gk[ bW c_d_i# jhW" 9Wh_dW LWdY[" ZkhWdj[ kdW hk[ZW Z[ fh[diW fh[l_i# jW fWhW [b bkd[i Yec[djWh| Yk|djWi f[hiedWi \k[hed de# j_Ă’YWZWi" [d gkƒ ejhWi YWiWi Z[ iWbkZ i[ fheZkY_h|d bei Z[if_Zei o Yk|b i[h| [b c[YW# d_ice Z[ _dZ[cd_pWY_ed[i$ C_[djhWi jWdje" jhWXW`W# Zeh[i Yece :Wl_Z Kgk_bbWi" gk_[d bWXehÂŒ feh c|i Z[ (& W‹ei [d [b >eif_jWb 8WYW Eh# j_p" Z_`e gk[ [ijWXW Z[Y[f# Y_edWZe feh [ijW h[f[dj_dW iWb_ZW$
ēŊ Ŋ"#2 / 1(!(¢-Ŋ"#) Ŋ31 #Ŋ"4" 2Ŋ#-Ŋ$ ,(+( 1#2Ŋ2. 1#Ŋ+ Ŋ 3#-!(¢-Ŋ 1(-" " Ŋ #-Ŋ#+Ŋ .2/(3 +Ŋ 423 5.Ŋ .,~-%4#9ēŊ
#% +
Feh ik fWhj[" 7b[nWdZhW 7d# Y^kdZ_W" Z[\[diehW f‘Xb_YW" _d# Z_YŒ gk[ ^WY[ '' Z‡Wi i[ ieb_Y_jŒ Wb >eif_jWb _d\ehcWY_Œd Wb h[i# f[Yje" f[he W‘d de ^W i_Ze [djh[# ]WZW" f[i[ W gk[ i[ b[i Z_e eY^e Z‡Wi fWhW ^WY[hbe" i[]‘d be gk[ Z[j[hc_dW bW B[o Eh]|d_YW Z[ bW
:[\[dieh‡W Z[b Fk[Xbe$ :[X_Ze W bW Z[dkdY_W gk[ FWbWY_ei fh[i[djŒ Wdj[ bW <_iYW# b‡W" 7dY^kdZ_W _dZ_YŒ gk[ [ij|d l_]_bWdZe gk[ [b fheY[ie f[dWb i[ Z[iWhhebb[ Yed dehcWb_ZWZ o gk[ i[ iWdY_ed[ W bei YkbfWXb[i" fk[i i[ jhWjW Z[ kd Z[b_je YedjhW bW l_ZW$
Ä“ĹŠ +ĹŠ .2/(3 +ĹŠ ! ĹŠ 13(9ĹŠ $4#ĹŠ4-.ĹŠ"#ĹŠ+.2ĹŠ $#!3 ".2Ä“ĹŠ
Ĺ? Ä?
Ä…
Ĺ? ƒ 7 Ĺ?ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. ÄŒĹ? 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
ēŊ (,#Ŋ 4! 1Ŋ 2#%41 Ŋ04#Ŋ#2345.Ŋ#-Ŋ#+Ŋ #%(,(#-3.Ŋ 4(3.Ŋ. #"#!(#-".Ŋ¢1"#-#2Ŋ"#Ŋ".2Ŋ24/#1(.1#2ēŊ
ŋ ĆŋĒ ŋ ŋ ŋ ŋ ŋ ™ē +Ŋ/.+(!~ ĔŊ 04(#-Ŋ(-3#-3¢Ŋ 04(3 1+#Ŋ+ Ŋ ,;2! 1 Ŋ +Ŋ 1#2("#-3#Ŋ#+Ŋ ĊćĹ Ŋ 2#%41 Ŋ 04#Ŋ2#Ŋ"#)¢Ŋ ++#5 1Ŋ/.1Ŋ+ Ŋ ļ#4$.1( ČēŊ
2#15_Ŋ04#Ŋ#+Ŋ2# .1Ŋ 1#2("#-3#Ŋ#23 Ŋ8 Ŋ !.-Ŋ+ Ŋ,;2! 1 Ŋ#-Ŋ+ Ŋ ! #9 Ŋ8Ŋ,#Ŋ"#)_Ŋ++#5 1Ŋ/.1Ŋ + Ŋ#4$.1( Ģē .2Ŋ,#2#2Ŋ"#2/4_2Ŋ "#Ŋ04#Ŋ#23 Ŋ#-Ŋ#+Ŋ / #++¢-Ŋ Ŋ"#+Ŋ#7Ĺ /#- +Ŋ 1!~ Ŋ .1#-.ĔŊ,#Ŋ 31 2+ " 1.-Ŋ +Ŋ Ŋ8Ŋ+ 2Ŋ !.-"(!(.-#2Ŋ#1 -Ŋ'.11(Ĺ +#2Ģē
;
b (' Z[ eYjkXh[ Z[ (&''" [b feb_Y‡W @W_c[ FWkYWh i[ [djh[]Œ W bWi Wkjeh_ZWZ[i o Yed\[iŒ gk[ \k[ ƒb gk_[d jhWjŒ Z[ gk_jWhb[ bW c|iYWhW Wdj_]Wi[i Wb fh[i_Z[dj[" HW\W[b 9ehh[W" [d [b H[]_c_[dje Gk_je" ZkhWdj[ bei YedeY_Zei ^[Y^ei Z[b )& Z[ i[fj_[cXh[ Z[ (&'&" Z‡W Z[ bW h[lk[bjW feb_Y_Wb$ ;ije" [nYkbfŒ W ik YecfW‹[# he =[elWddo 9^WdYki_]" gk_[d \k[ WYkiWZe _d_Y_Wb#
Ä .-2("#1 ĹŠ04#ĹŠ2#ĹŠ2 -!(.-¢Ŋ ĹŠ3.".2ĹŠ+.2ĹŠ1#2/.-2 +#2ĹŠ/.1ĹŠ#+ŊĊćĹ Ä&#x; De$ BWi f[hiedWi gk[ fWiWcei feh jeZe [ije de jkl_cei dWZW gk[ l[h$ Bei l[hZWZ[hei h[ifediWXb[i" bei gk[ eh]Wd_pWhed [ie" W‘d de ^Wd i_Ze iWdY_edWZei$ Ä ĹŠ04_ĹŠ2#ĹŠ5 ĹŠ ĹŠ"#"(! 1Ä&#x;
7‘d [ijeo `el[d" bW l_ZW i_]k[ o leo W [ijkZ_Wh Z[h[Y^ei [d bW kd_# l[hi_ZWZ$ c[dj[$ ;d kdW [djh[l_ijW YedY[Z_ZW W [ij[ Z_Wh_e" jhWi c|i Z[ Y_dYe c[i[i Z[ fh_i_ÂŒd o bk[]e Z[b f[hZÂŒd fh[i_Z[dY_Wb" FWkYWh h[bWjÂŒ bei ^[Y^ei Ä 4;+ĹŠ$4#ĹŠ24ĹŠ1# !!(¢-ĹŠ"#2/4_2ĹŠ"#ĹŠ04#ĹŠ!.-.!(¢Ŋ04#ĹŠ#+ĹŠ 1#2("#-3#ĹŠÄƒ1,¢Ŋ#+ĹŠ "#!1#3.ĹŠ!.-ĹŠ24ĹŠ/#1"¢-Ä&#x; Z[ Wgk[b Z‡W o ik [nf[h_[dY_W Z[ifkƒi Z[ f[hcWd[Y[h [d bW Y|hY[b$ Be ‘d_Ye gk[ gk[h‡W [hW iWb_h" WXhWpWh W c_ \Wc_b_W o iWX[h gk[ c_ cWZh[ [ijƒ X_[d$ 7 l[Y[i" oe f[diWXW gk[ [hW [b h[ifediWXb[ Z[ ik Ä Â˘,.ĹŠ2#ĹŠ#-3#1¢Ŋ"#ĹŠ+.ĹŠ04#ĹŠ#23 ĹŠ24!#"(#-".ĹŠ#-ĹŠ#+ĹŠ #%(,(#-3.ĹŠ 4(3.Ä&#x; Be [iYkY^ƒ feh bei c[Z_ei Z[ Yeckd_YWY_ÂŒd$ Oe [ijWXW jhWXW`WdZe ik\h_c_[dje o Z[ bW fWh|b_i_i gk[ c_ fWZh[ jkle [d [b XhWpe$ De c[ leo [d bW Kd_ZWZ Z[ Feb_Y‡W 9eckd_jWh_W KF9 Z[ 8[bbWl_ijW$ C_ ikXj[# W f[hZedWh feh be gk[ ikY[Z_ÂŒ$ d_[dj[ de leo W ZWh decXh[i dei Z_`e gk[" feh ehZ[d Z[ c_ YWf_j|d" Z[X‡Wcei fWiWh b_ijW [d bW KF9 Z[ bW FhWZ[hW o Z_h_]_hdei Wb H[]_# Ä Â˘,.ĹŠ#5 +ĂŒ ĹŠĹŠ+ ĹŠ#7/#1(#-!( ĹŠ04#ĹŠ5(5(¢Ä&#x; ;i be f[eh gk[ b[ fk[Z[ fWiWh W kdW f[hiedW" de b[ Z[i[Wh‡W [ije d_ W c_[dje Gk_je$ c_ f[eh [d[c_]e$ F[he W^ehW [ijeo c|i jhWdgk_be o W bW [if[hW Z[ be gk[ fk[ZW fWiWh [d bW _dij_jkY_ÂŒd feb_Y_Wb$ Ä .1ĹŠ04_ĹŠ !4"(¢Ä&#x; <k[ feh bW ehZ[d Z[ c_i ikf[h_eh[i$ Fehgk[ oe fkZ[ WYeijWhc[ o Ä 4;+ĹŠ#2ĹŠ24ĹŠ2(34 !(¢-ĹŠ#-ĹŠ+ ĹŠ .+(!~ Ä&#x; ^WY[h ejhWi YeiWi" f[he Ykcfb‡ kdW ehZ[d$ I_d [c#
2ĹŠ/#12.- 2ĹŠ04#ĹŠ/ Äą BW ‘bj_cW l[p gk[ \k_ [ijWXW W Z_ifei_Y_ÂŒd jhWdi_je# XWh]e" jeZei c[ Z_[hed bW [ifWbZW o d[]Whed ik fWh# 2 ,.2ĹŠ/.1ĹŠ3.".ĹŠ#23.ĹŠ h_W" W‘d de i[ gkƒ fWiWh|$ j_Y_fWY_ÂŒd" Z_Y_[dZe gk[ oe \k_ i_d h[Y_X_h ÂŒhZ[d[i$
-.ĹŠ345(,.2ĹŠ- " ĹŠ04#ĹŠ 5#1Ä“ĹŠ .2ĹŠĹŠ5#1" "#1.2ĹŠ1#2Äą >WX‡W ckY^W ][dj[ gk[ i[ Z_h_]‡W ^WY_W [i[ bk]Wh$ /.-2 +#2ĔŊ+.2ĹŠ04#ĹŠ.1% -(Äą 7bb‡ eXi[hlƒ gk[ [b i[‹eh Fh[i_Z[dj[ [ijWXW oW Yed bW 9 1.-ĹŠ#2.ĔŊ ĂŒ-ĹŠ-.ĹŠ' -ĹŠ2(".ĹŠ c|iYWhW [d bW YWX[pW o c[ Z[`ƒ bb[lWh feh bW [k\eh_W" 2 -!(.- ".2Ģē Ä 4_ĹŠ/ 2¢Ŋ#-ĹŠ#+ĹŠ'#+(/4#13.ĹŠ"#+ĹŠ #%(,(#-3.ĹŠ 4(3.Ä&#x;
feh be gk[ [ijWXW fWiWdZe$
Ä #!( (¢Ŋ /.8.ĹŠ,(#-31 2ĹŠ/#1, -#!(¢Ŋ"#3#-(".Ä&#x; :[ c_ \Wc_b_W" f[he kde i[ ZW Yk[djW Z[ gk[ ^Wo f[hiedWi gk[ Z_Y[d i[h Wc_]ei" f[he b[ ZWd bW [i# fWbZW$ >[ Wfh[dZ_Ze W [iYe][h c_i Wc_ijWZ[i o W i[h kd feYe c|i Yk_ZWZeie$
Ä Â˘,.ĹŠ$4#1.-ĹŠ+.2ĹŠ"~ 2ĹŠ"#ĹŠ#-!(#11.Ä&#x; De iƒ Yece fWiWhed bWi YeiWi$ De gk_i[ ^WY[hb[ ZW‹e$ <k[ feh jeZe be <k[ kd YWcX_e XhkiYe o c[ fheZk`e kd ZW‹e fi_YebÂŒ]_Ye$ :ei c[i[i Z[ifkƒi Z[ gk[ [ijWXW [d [b fWX[bbÂŒd 7 [d [b [nf[dWb =WhY‡W Ceh[de gk[ [ijWXW fWiWdZe [i[ Z‡W o i_[cfh[ Z_`[ bW l[hZWZ$ [d Gk_je " c[ jhWibWZWhed Wb 9[djhe Z[ :[j[dY_ÂŒd Fhel_i_edWb 9:F o bWi YedZ_Y_ed[i [hWd ^ehh_Xb[i" [i Wb]e gk[ dkdYW feZhƒ ebl_ZWh$ Ä #ĹŠ(, %(-¢Ŋ!4;+#2ĹŠ2#1~ -ĹŠ+ 2ĹŠ!.-2#!4#-!( 2ĹŠ"#2/4_2ĹŠ"#+ŊĊćĹ Ä&#x; DkdYW _cW]_dƒ gk[ j[dZh‡W gk[ fWiWh feh jeZe [ije$ De iƒ gkƒ [i be Ä #ĹŠ 11#/(#-3#ĹŠ"#ĹŠ+.ĹŠ04#ĹŠ'(9.Ä&#x; gk[ c[ fWiÂŒ$ I‡$ C[ Whh[f_[dje fehgk[ [d jeZe [ije c_ \Wc_b_W \k[ bW gk[ c|i ik# \h_ÂŒ" f[he bWi YeiWi fWiWd feh Wb]e o [ie ^WY[ gk[ YWcX_[ bW l_ZW$ Oe Ä .1ĹŠ04_ĹŠ"#!("(¢Ŋ#-31#% 12#Ä&#x; DWZ_[ iWX‡W gk[ c[ _XW W [djh[]Wh$ C[ fWhƒ \h[dj[ W bW <_iYWb‡W o f[d# b[ f[Z‡ Z_iYkbfWi Z[ YehWpÂŒd Wb i[‹eh Fh[i_Z[dj[" W c_ YecfW‹[he iƒ0 [djhe e Z[ifWh[pYe$ F[he bW i[]kdZW efY_ÂŒd i_]d_Ă’YWXW gk[ de _XW =[elWddo 9^WdYki_]" gk[ [ijkle Z[j[d_Ze fehgk[ be Yed\kdZ_[hed W feZ[h l[h W bWi f[hiedWi gk[ oe c|i gk_[he o [i[ ^kX_[i[ i_Ze [b Yedc_]e" W c_ _dij_jkY_ÂŒd o Wb fk[Xbe [YkWjeh_Wde feh [b [hheh gk[ Yec[j‡$ Zebeh c|i ]hWdZ[ Z[ c_ l_ZW$ Feh [ie" Z[Y_Z‡ [djh[]Whc[$
Ä 45.ĹŠ+ ĹŠ(-3#-!(¢-ĹŠ"#ĹŠ2 ! 1+#ĹŠ+ ĹŠ,;2! 1 Ä&#x;
Ĺ‹ ),. Ĺ‹ ,)0#( # &Ĺ‹ (# ! Ĺ‹ * # )Ĺ‹ Ĺ‹ , 0) .),# Ĺ‹
/,#-. -ŋ ,#.# (ŋ &ŋ , * ,.)ŋ ŋ&)-ŋ$/ -ŋ ēŊ +Ŋ/+#-.Ŋ"#Ŋ+ Ŋ Ŋ -4-!(¢Ŋ+.2Ŋ/1(,#1.2Ŋ! , (.2Ŋ#-Ŋ+ Ŋ .13#ē
1#2ĹŠ .% ".2ĹŠ - +(9 -ĹŠ+ ĹŠ-4#5 "(231( 4!(¢-ĹŠ"#ĹŠ+.2ĹŠ)4#!#2ĔŊ".2ĹŠ,#2#2ĹŠ "#2/4_2ĹŠ04#ĹŠ$4#1.-ĹŠ/.2#2(.- ".2Ä“ 9ed bWi ef_d_ed[i Z_l_ZWi" bei [nf[hjei ^WXbWd ieXh[ bW h[Z_i# jh_XkY_ÂŒd Z[ bei `k[Y[i [d bWi eY^e iWbWi [if[Y_Wb_pWZWi Z[ bW 9ehj[ DWY_edWb Z[ @kij_Y_W 9D@ $ Bei YWcX_ei \k[hed WdkdY_WZei [ijW i[cWdW$ ;b fb[de Z[ bW 9D@ jecÂŒ bW Z[# Y[i_ÂŒd ieXh[ bW XWi[ Z[ bei Whj‡Yk# bei '.( Z[ bW 9edij_jkY_ÂŒd o '.) Z[b 9ÂŒZ_]e Eh]|d_Ye Z[ bW <kdY_ÂŒd @kZ_Y_Wb" ÆYed [b Ă’d Z[ efj_c_pWh [b Z[ifWY^e Z[ bWi YWkiWiÇ$
Æ9ed [ije i[ XkiYW cWoeh _d# Z[f[dZ[dY_W" Wdj[i oW iWX‡W W gkƒ iWbW _h‡W [b fheY[ie$ ;b gk[ ^WoW Z_ij_djWi IWbWi fk[Z[ ][d[hWh [d [b \edZe kdW cWoeh _dZ[f[dZ[dY_W [ _cfWhY_Wb_ZWZÇ" Z_`e$ I_d [cXWh]e" [b `kh_ijW WYbWhW gk[ fk[Z[ ^WX[h [djehf[Y_c_[d# je" [d [b i[dj_Ze gk[ [d YWiei cko Yecfb[`ei i[ h[gk_[hW Z[ cWoeh [ijkZ_e gk[ ejhei o d[Y[i_jWd kdW fWhj_Y_fWY_ÂŒd c|i Wcfb_W$
, (.2ĹŠ/.2(3(5.2
7 Yh_j[h_e Z[b `kh_ijW" 9h_ijÂŒXWb 8k[dZ‡W" [ij[ YWcX_e Z[ bei `k[# Y[i Yh[W kd h[jhWie [d [b j_[cfe fWhW h[iebl[h bWi YWkiWi$ Æ;b gk[ ^WoW [ijW Wbj[hWY_ÂŒd YedijWdj[ Z[ bei \kdY_edWh_ei" ^WY[ gk[ [b Ye# deY_c_[dje fh[l_e Wb cec[dje Z[ h[iebl[h i[ f_[hZWÇ" WYejÂŒ$ FWhW 8k[dZ‡W [d [b feYe fbWpe gk[ [ijkl_[hed bei `k[# Y[i Wi_]dWZei [d bWi IWbWi" [b j_[cfe i[ f[hZ_ÂŒ$ Æ;ije [i feYe fh|Yj_Ye o [i _d[Ă’Y_[dj[" fehgk[ bWi YeiWi j_[d[d gk[ i[h efehjk# dWiÇ" fkdjkWb_pÂŒ$ 8k[dZ‡W Yedi_Z[hW gk[ Wb
FWhW IWdj_W]e =kWhZ[hWi" Z[YWde Z[ bW <WYkbjWZ Z[ @kh_ifhkZ[d# Y_Wi Z[ bW Kd_l[hi_ZWZ 9WjÂŒb_YW" [d bei YWcX_ei ^Wo Zei X[d[Ă’# Y_ei0 [b Z[ifWY^e Z[ bWi YWkiWi o gk[ bei `k[Y[i fk[ZWd WfehjWh [d Wgk[bbWi cWj[h_Wi gk[ ied Z[ ik [if[Y_Wb_pWY_ÂŒd$ =kWhZ[hWi i[‹WbÂŒ gk[" Z[ WYk[hZe Yed [b dk[le i_ij[cW" YWZW l[p gk[ bWi YWkiWi _d]h[iWd W bW 9ehj[ feh l‡W Z[ YWiWY_ÂŒd" i[ iehj[Wd [d Wgk[bbWi iWbWi gk[ Yk[djWd Yed c|i Z[ jh[i `k[Y[i fWhW gk[ YedepYWd bW c_icW$
#31 2.ĹŠ#-ĹŠ#+ĹŠ31 ).
.-Ŋ#23.Ŋ2#Ŋ 42! Ŋ, Ĺ 8.1Ŋ(-"#/#-"#-!( Ģē Ŋ
ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ
.2Ŋ! , (.2Ŋ2.-Ŋ +3#Ĺ 1 ".2Ŋ!.-23 -3#,#-Ĺ 3#Ŋ#-Ŋ+ Ŋ)423(!( Ģē
ÂĄ ĹŠ }
ĹŠ
#Ŋ/ 1#!#Ŋ04#Ŋ' 8Ŋ 4- Ŋ(-#23 (+(" "Ŋ 3.3 +Ģē
ĹŠ Â&#x;
][d[hWh _d[ijWX_b_ZWZ [d bei \kdY_edWh_ei" be gk[ i[ ^WY[ [i WbWh]Wh bei j_[cfei feh d[Y[i_# ZWZ Z[ YedeY_c_[dje o [b ‘d_Ye f[h`kZ_YWZe cWj[h_Wbc[dj[ [i [b kikWh_e$ 31 Ŋ5#12(¢-
Feh ejhW fWhj[" @eĂľh[ 9WcfW‹W Yedi_Z[hW gk[ [d bW 9D@ i[ l_l[ kdW _dY[hj_ZkcXh[$ ÆDe ^Wo dWZW YbWhe Z[ YÂŒce [ij| \kdY_e# dWdZe$ C[ fWh[Y[ gk[ ^Wo kdW _d[ijWX_b_ZWZ jejWbÇ" [nfh[iÂŒ$ 9WcfW‹W Yedi_Z[hW gk[ de ^Wo d_d]kdW c[`ehW [d [b i_ij[# cW$ Æ>Wo kd [dh[Ze WXiebkje" j_[d[d fheXb[cW Yed bW Ă’`WY_ÂŒd Z[ \[Y^Wi [d bWi WkZ_[dY_Wi o de ^Wo YeehZ_dWY_ÂŒdÇ" YedYbkoÂŒ$
Ĺ‹), ( Ĺ‹-/-* (-#š(Ĺ‹. '*), &Ĺ‹ Ĺ‹$/ 4 ;b 9edi[`e Z[ bW @kZ_YWjkhW 9@ ieb_Y_jÂŒ bW ikif[di_ÂŒd j[cfehWb" feh /& Z‡Wi" Z[b `k[p jh_]ƒi_ce i[]kdZe Z[ =WhWdj‡Wi F[dWb[i Z[ =kWoWi#:kh|d" H_YWhZe BW CejW F_c[dj[b" gk_[d f[hc_j_ÂŒ bW b_X[h# jWZ Z[b Y_kZWZWde ;Z_ied H_l[hW" _cfkjWZe Z[ Z[b_je Ă“W]hWdj[ Z[ J[d[dY_W ?b[]Wb Z[ 7hcWi$ ;b Z[j[d_Ze \k[ `kp]WZe [d WkZ_[dY_W Z[ Ă“W]hWdY_W [b fh_#
c[he Z[ \[Xh[he" Wb ^WXƒhi[b[ [dYedjhWZe [d fei[i_ÂŒd Z[ kdW YWdj_ZWZ Z[ WhcWi" _dYbk_ZWi lW# h_Wi Z[ Wbje feZ[h" feh be YkWb i[ ehZ[dÂŒ ik fh_i_ÂŒd fh[l[dj_lW$ :khWdj[ [b fheY[ie" [b '* Z[ cWhpe i[ [c_j_ÂŒ [b Z_YjWc[d WYkiWjeh_e Yehh[ifedZ_[dj[" feh fWhj[ Z[b Ă’iYWb Z[ bW YWkiW$ I_d [cXWh]e" [b `k[p BW CejW ikij_# jkoÂŒ bW fh_i_ÂŒd fh[l[dj_lW feh
.Ŋ#2Ŋ/.2( +#Ŋ04#ĔŊ +Ŋ(-Ĺ !4,/+(1Ŋ-.1, 2Ŋ+#% +#2Ŋ !+ 1 2ĔŊ+.2Ŋ)4#!#2Ŋ3.Ĺ ,#-Ŋ"#!(2(.-#2Ŋ04#Ŋ $#!3 -Ŋ + Ŋ2#%41(" "Ŋ!(4" " - Ģē Ŋ :
ĹŠ ĹŠ ĹŠ ĹŠ ĹŠ
c[Z_ZWi c[deh[i" [ijWXb[Y_ZWi [d [b Whj‡Ykbe ',& Z[b 9ŒZ_]e FheY[iWb F[dWb$
7 ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
Ć
BW I[]kdZW IWbW Z[ =W# hWdj‡Wi F[dWb[i Z[ bW 9ehj[ Fhel_dY_Wb Z[ @kij_Y_W Z[ F_# Y^_dY^W d[]ÂŒ Wo[h [b f[Z_Ze Z[ h[leYWjeh_W Z[b Wkje gk[ WdkbÂŒ bW WXiebkY_ÂŒd Z_YjWZW [d WXh_b Z[ (&''" W \Wleh Z[b cWoeh Z[b ;`ƒhY_je [d i[hl_# Y_e fWi_le" <_Z[b 7hWk`e$ H[_dWbZe PWcXhWde" WXe# ]WZe Z[\[dieh Z[b cWoeh Z[b ;`ƒhY_je" fh[i[djÂŒ [b h[Ykhie bW i[cWdW fWiWZW o jhWi Ye# Ä“ĹŠ ("#+ĹŠ 1 4).ĔŊ#7,(+(3 1Ä“ĹŠ deY[h bW d[]Wj_lW Z[ bW 9ehj[" i[‹WbÂŒ gk[ f[Z_h| bW Wcfb_W# Xb[Y[ bW b[o" [b h[Ykhie i[h| fh[# Y_ÂŒd o WYbWhWY_ÂŒd W bei `k[Y[i i[djWZe Wdj[ bW 9ehj[ Fhel_dY_Wb" Z[ bW I[]kdZW IWbW$ f[he i[ jhWc_jWh| [d bW 9ehj[ I[]‘d Z_`e PWcXhWde" [b 9edij_jkY_edWb 99 $ PWcXhWde Wh]kc[dje Z[ bW IWbW fWhW [nfh[iÂŒ gk[ [d YWie gk[ i[Wd [ijW Z[Y_i_ÂŒd" ^WXh‡W d[]WZei jeZei bei h[Ykh# i_Ze gk[ de ^Wd YWc# ĹŠ iei [b fheY[ie lebl[h| W bei jh_XkdWb[i$ X_WZe bei Wh]kc[djei [d [b YWie$ ;b `kh_ijW WdkdY_ÂŒ jWcX_ƒd gk[ ("#+ĹŠ 1 4).ĹŠ$4#ĹŠ -3#!#"#-3#2 !42 ".ĹŠ/.1ĹŠ#+ĹŠ kdW l[p gk[ bW 9ehj[ 24/4#23.ĹŠ"#+(3.ĹŠ ;b fWiWZe . Z[ cWhpe bW i[ fhedkdY_[ ieXh[ "#ĹŠ(-!(3 !(¢-ĹŠ ĹŠ+ ĹŠ 1# #+(¢-ĹŠ"41 -3#ĹŠ I[]kdZW IWbW Z[ =WhWd# [b f[Z_Ze" bW fhÂŒn_cW + ĹŠ1#54#+3 ĹŠ j‡Wi F[dWb[i Z[ bW 9ehj[ /.+(!( +Ä“ĹŠ i[cWdW fh[i[djWh| Fhel_dY_Wb WdkbÂŒ bW WX# kd h[Ykhie [njhWehZ_# iebkY_ÂŒd Z_YjWZW [d WXh_b Z[ (&'' W \Wleh Z[b cWoeh Z[b dWh_e Z[ fhej[YY_ÂŒd$ Æ>Wo l_ebWY_ÂŒd Z[ Z[h[# ;`ƒhY_je" feh Yedi_Z[hWh gk[ Y^ei Yedij_jkY_edWb[i" Z[b Æbei ik`[jei fheY[iWb[i i[ l_[# Z[X_Ze fheY[ie" o Z[b Z[h[# hed _cf[Z_Zei Z[ WYjkWh Yed bW b_X[hjWZ o bW h[i[hlW gk[ [b YWie Y^e W bW Z[\[diWÇ" Z_`e$ :[ WYk[hZe W be gk[ [ijW# [n_]‡WÇ$
2#! (ŋ&& ! ,ŋ ŋ&)-ŋ#(. & ./ & -ŋ &ŋ ,#' (ŋ &ŋ! ( , &ŋ & ŊěŊ FWjh_Y_W EY^eW"
l_kZW Z[ =WX[bW" Z[cWdZÂŒ Wo[h bW fhedjW _Z[dj_Ă’YWY_ÂŒd Z[b Wkjeh _dj[b[YjkWb Z[b Wi[# i_dWje Z[ ik [ifeie" [b [nYe# cWdZWdj[ Z[ bW <7;" @eh][ <[hdWdZe =WX[bW 8k[de" ^[# Y^e eYkhh_Ze [b '/ Z[ Z_Y_[c# Xh[ Z[ (&'&$ BWi Z[YbWhWY_ed[i Z[ bW \Wc_b_Wh Z[b [n`[\[ YWijh[di[ \Wbb[Y_Ze" Z[`Whed dejWh gk[ [b ^[Y^e Z[ iWd]h[ Yec[j_Ze de jkle Yece cÂŒl_b [b heXe" oW gk[ Z[b _dj[h_eh Z[ bW l_# l_[dZW bei fh[ikdjei WiWb# jWdj[i de i[ bb[lWhed WXiebk# jWc[dj[ dWZW$ Æ;b Ă’iYWb 7ijkZ_bbe ^W ^[# Y^e kdW cko Xk[dW _dl[ij_# ]WY_ÂŒd o [ie c[ j_[d[ Yed\eh# c[Ç" Z_`e EY^eW" Z[ifkƒi Z[b h[Y[ie Z[ bW WkZ_[dY_W gk[ Y[b[XhW [b :ƒY_ce Jh_XkdWb F[dWb Z[ bW 9ehj[ Fhel_dY_Wb Z[ @kij_Y_W Z[b =kWoWi$ :[ W^‡ gk[ ieijkle gk[ [n_ij[ kdW Z_\[h[dY_W [d [b jh|c_j[ Z[b fheY[ie Z[iZ[ gk[ Z[b C_d_ij[h_e Z[b ?dj[h_eh i[ ^_pe YWh]e @eiƒ I[hhWde$ BW l_kZW Z_`e gk[ bW l[h# i_ÂŒd Z[b f[h_je j[YdebÂŒ]_Ye fkie Wb Z[iYkX_[hje [b Ykhie Z[ bWi bbWcWZWi j[b[\ÂŒd_YWi
Ä“ĹŠ 31(!( ĹŠ !'. ĹŠ5(4" ĹŠ"#ĹŠ #+ Ä“
ĹŠ+(23
.2ĹŠ(,/+(! ".2ĹŠ ĹŠ 4+(.ĹŠ "4 1".ĹŠ ;-!'#9ĹŠ + 5 11~ ĔŊ +( 2ĹŠ Ĺ—ÄĽ ( -! ÄŚÄ“ Ĺ—ĹŠ ;7(,.ĹŠ #%4-".ĹŠ .11#2ĹŠ 43(5#Ĺ—ĹŠ #"1.ĹŠ +.1#-!(.ĹŠ 1!~ ĹŠ 2 -3#2 Ĺ—ĹŠ #Â˘Äƒ+.ĹŠ , 1ĹŠ #+_-"1#9ĹŠ .1-#). ĹŠ .--8ĹŠ 81.-#ĹŠ #1;-ĹŠ ., +;ĔŊ +( 2ĹŠ Ĺ—ÄĽ .+ -3#ÄŚ
-ĹŠ#+ĹŠ(-$.1,#ĹŠ"#+ĹŠ ă2! +ĹŠ 234"(++.ĹŠ2#ĹŠ"(!#ĹŠ !.-ĹŠ!+ 1(" "ĹŠ04#ĹŠ#23.ĹŠ $4#ĹŠ4-ĹŠ 2#2(- 3.Ģē ĹŠ ĹŠ ĹŠ ĹŠ
Z[ Y[bkbWh" gk[ [\[YjkWhed bei W]h[ieh[i Z[iZ[ gk[ Yec[dpW# hed W i[]k_h W ik ^_`W Ie\‡W =WX[# bW" [d bW deY^[ Z[ bei ^[Y^ei$
Z[ )&& o ^WijW +&& YWhf[jWi$ BWi Ă’bWi Z[ Wif_hWdj[i i[ [nj[d# Z_[hed lWh_ei c[jhei W be bWh]e Z[ bW Wl[d_ZW Z[ BWi 7cƒh_YWi$ Æ>[cei j[d_Ze kdW YedYkhh[d# 7 ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ? Y_W cWi_lW gk[ ieXh[fWiWZe
Ĺ? +. ÄŒĹ? jeZW [nf[YjWj_lW o ^WijW [b Z‡W Z[ ^eo j[d[cei Wbh[Z[Zeh Z[ c_b lWYWdj[i Æ" ieijkle FWkb_dW FWp" ][h[dj[ Z[ bW H[Z IeY_e ;cfb[e$ F[hiedWi Yed Z_iYWfWY_ZWZ jWc# X_ƒd fWhj_Y_fWhed$ I[]‘d kd h[fh[i[djWdj[ Z[b C_d_ij[h_e Z[ H[bWY_ed[i BWXe# hWb[i" W bW ^ehW Z[ bW Wf[hjkhW Wbh[Z[Zeh Z[ ($&&& f[hiedWi [i# f[hWXWd [d Ă’bW$ FWp W‹WZ_ÂŒ gk[ ĹŠ ěŊ C_b[i Z[ `ÂŒl[d[i kdWi +$&&& WYkZ_h‡Wd W be bWh]e Z[i[cfb[WZei Z[ =kWoWgk_b Z[ bW `ehdWZW$ WYkZ_[hed Wo[h W bW <[# BW cWoeh‡W Z[ feijk# h_W Z[ Efehjkd_ZWZ[i bWdj[i ied `ÂŒl[d[i h[Y_ƒd BWXehWb[i gk[ bb[lWhed ĹŠ ]hWZkWZei Z[ Yeb[]_ei$ W YWXe c_d_ij[h_ei Z[b CWhoekh_ Fƒh[p" gk[ [d# hWce$ jh[]ÂŒ ik YWhf[jW [d kde
2ĹŠ/1¢7(, 2ĹŠ ;b [l[dje" eh]Wd_pWZe $#1( 2ĹŠ2#ĹŠ1# +(9 Äą Z[ bei ijWdZ Z[ bW \[h_W" [d [b 9[djhe Z[ 9edl[d# 1;-ĹŠ#-ĹŠ!(4" "#2ĹŠ Z_`e gk[ [if[hW i[h bbW# !.,.ĹŠ -3 ĔŊ Y_ed[i I_cÂŒd 8eb‡lWh" h[# !' + ĔŊ cWZW fWhW feZ[h j[d[h kd_ÂŒ W kdWi -& [cfh[iWi 4#-! ĔŊ .13.5(#).ĹŠ8ĹŠ .) Ä“ bW ik[hj[ Z[ [dYedjhWh kd Z[b i[Yjeh fh_lWZe gk[ jhWXW`e$ @eh][ 7l_bƒi" ejhe Z[ bei Z[i[cfb[WZei" fki_[hed W Z_ifei_Y_ÂŒd c_b fk[ijei$ Bei feijkbWdj[i _dZ_YÂŒ gk[ h[Y_[dj[c[dj[ \k[ WYkZ_[hed W [djh[]Wh iki ^e`Wi Z[if[Z_Ze Z[ kdW [cfh[iW Z[ Z[ l_ZW Z[iZ[ bWi &/0&& ^WijW X_[d[i o i[hl_Y_ei" o W^ehW [if[# bWi '.0&&$ hW gk[ ik YWhf[jW i[W kdW Z[ bWi I[ h[Y[fjWhed kd fhec[Z_e i[b[YY_edWZWi$
ć
#& -Ĺ‹ Ĺ‹ - '*& ) $ ,)(Ĺ‹ ,* . -Ĺ‹ (Ĺ‹& Ĺ‹ ,#
Ä“ĹŠ +ĹŠ #-31.ĹŠ"#ĹŠ .-5#-!(.-#2ĹŠ2#ĹŠ5(.ĹŠ++#-.ĹŠ"41 -3#ĹŠ3." ĹŠ+ ĹŠ).1- " Ä“ĹŠĹŠ
ēŊ , %#-Ŋ"#Ŋ31 ) ".1 2Ŋ#-Ŋ+ Ŋ$; 1(! Ŋ 4-3.Ŋ !4 ".1ĔŊ#-Ŋ 4(3.ēŊ
,Ă„Ĺ‹ '*&v Ĺ‹' , )Ĺ‹ . 2.#&Ĺ‹ (Ĺ‹ / ),Ĺ‹ #ĹŠ -4-!( -ĹŠ,;2ĹŠ(,/.13 -!(.-#2ĹŠ /#14 - 2Ä“ĹŠ .2ĹŠ(-"4231( +#2ĹŠ5#-ĹŠ ĹŠ242ĹŠ !.,/#3(".1#2ĹŠ!.-ĹŠ/.2(3(5(2,.Ä“ĹŠ BW 9|cWhW Z[ 9ec[hY_e Z[ h[YedeY[ W F[h‘ Yece kd Yec# B_cW WdkdY_ÂŒ [b Wkc[dje [d f[j_Zeh ^_ijÂŒh_Ye$ ;b fh[i_Z[dj[ bWi [nfehjWY_ed[i Z[ j[nj_b[i Z[b ]h[c_e" @Wl_[h :‡Wp" WĂ’hcÂŒ W ;YkWZeh$ 7i[]khW gk[ bW gk[ ÆWkdgk[ ^Wo Yh[Y_c_[dje c[Z_ZW h[ifedZ[ W bW Yh_i_i [d bWi _cfehjWY_ed[i Z[ fhe# [YedÂŒc_YW gk[ WjhWl_[iWd ZkYjei f[hkWdei" feZ[cei iki fh_dY_fWb[i YecfhWZe# Yecf[j_h Yed bei fh[Y_ei W bei gk[ [ij|d [djhWdZeÇ$ h[i [d ;;$KK$ o [d bW Kd_ÂŒd ;khef[W$ I[]‘d <WX_|d =kWoW# ;b 9[djhe Z[ 9e# iWc‡d" [nf[hje [d Yec[h# c[hY_e ;nj[h_eh Z[b ĹŠ Y_e [nj[h_eh" bW _dZkijh_W "#ĹŠ1./ ĹŠ2.-ĹŠ F[h‘ 99;N _d# j[nj_b [YkWjeh_WdW ^W i[dj_# (,/.13 " 2ĹŠ "#2"#ĹŠ #1ĂŒĹŠ! " ĹŠ \ehcÂŒ gk[ ZkhWdj[ Ze bei [\[Yjei Z[ bW fheZkY#  .Ä“ĹŠ (&'' bWi [nfehjW# Y_ÂŒd Z[ Ă’XhWi" j[bWi o hefW f[hkWdW [d bei ‘bj_cei Y_ed[i Z[ j[nj_b[i W ;YkWZeh Wkc[djWhed kd eY^e c[i[i$ LWj_Y_dW gk[ [ij[ *. " be gk[ [gk_lWb[ W (, _d]h[ie Z[ j[nj_b[i fheZkY_h| c_bbed[i Z[ ZÂŒbWh[i$ 7Z[# kdW h[ZkYY_ÂŒd Z[b cWh][d d[je c|i" [b W‹e fWiWZe '(' dk[# Z[ l[djWi$ ?dYbkie Wdj[i Z[ gk[ [b F[h‘ lWi [cfh[iWi f[hkWdWi _d_# Ă’`WhW ik c_hW [d ;YkWZeh" bWi Y_Whed [dl‡ei W ;YkWZeh$ ;d ;YkWZeh" bW 7ieY_W# YecfW‹‡Wi j[nj_b[i [YkWjeh_WdWi Y_ÂŒd Z[ ?dZkijh_Wb[i J[n# oW ^WX‡Wd l_ije Wb fW‡i l[Y_de j_b[i Z[b ;YkWZeh 7?J; Yece kdW efehjkd_ZWZ fWhW [n#
ŊĉÄ?ÄŠĹŠ
j[dZ[h iki d[]eY_ei$ ;d ckY^ei YWiei" bWi YecfW‹‡Wi l[d [d [b F[h‘ kd fk[hje Z[iZ[ ZÂŒdZ[ [nfehjWh iki fheZkYjei fW‡i[i W Yed bei gk[ ;YkWZeh de ^W d[]e# Y_WZe$ F[h‘ j_[d[ kdW JhWjWZe Z[ B_Xh[ 9ec[hY_e Yed ;;$KK$" [ij| feh [djhWh [d l_][dY_W [b gk[ Ă’h# cÂŒ `kdje W 9ebecX_W Yed bW K;$ J_[d[ [d ik b_ijW kdW Z[Y[dW Z[ WYk[hZei [d Z_ij_djWi bWj_jkZ[i ckdZ_Wb[i$ EjhWi [cfh[iWi" i_d [cXWh]e" WĂ’hcWd gk[ bW cWoeh l[djW`W Z[ bW _dZkijh_W j[nj_b f[hkWdW [i bW Yecfb[c[djWh_[ZWZ$ Feh [`[c# fbe [b F[h‘ fheZkY[ Y_[hjei ^_bei o j[bWi gk[ ;YkWZeh de be ^WY[" f[he gk[ i‡ bWi kj_b_pW [d bW Yed# \[YY_ÂŒd Z[ fh[dZWi Z[ l[ij_h e Z[b ^e]Wh$ 7 f[iWh Z[b efj_c_ice" WYjkWb# c[dj[ [b ;YkWZeh [nfehjW )$* Z[ ik fheZkYY_ÂŒd j[nj_b Wb F[h‘$ Be gk[ h[ikbjW [d kdW XWbWdpW Yec[hY_Wb d[]Wj_lW$ C_[djhWi gk[ [b F[h‘ i[ ^W Yedl[hj_Ze [d [b i[# ]kdZe cWoeh [nfehjWZeh Z[ j[nj_# b[i Z[ BWj_deWcƒh_YW" ‘d_YWc[dj[ ikf[hWZe feh 8hWi_b$
ßúÝÝŋ ,,šŋ )(Ĺ‹ , #'# (.)Ĺ‹ Ĺ‹Ä Ä…Ä Ä‚Äż ĹŠ Ä›
;b FheZkYje ?dj[hde 8hkje F?8 Z[ ;YkWZeh Yh[# Y_Πkd -"-. [d (&''" Y_\hW gk[ h[XWiΠbWi f[hif[Yj_lWi fh[b_c_dWh[i" _d\ehcΠWo[h [b 8WdYe 9[djhWb$ ;b Yh[Y_c_[dje WbYWdpWZe [d (&'' [i [b c|i Wbje Z[iZ[ (&&*" YkWdZe [b _d# Z_YWZeh bb[]ΠWb .".( " o Yed#
jhWijW Yed [b &"), Z[ (&&/ o [b )"+. Z[ (&'&$ ;b =eX_[hde" [d del_[cXh[ fWiWZe" ^WX‡W oW [b[lWZe [d '") fkdjei fehY[djkWb[i ik f[hi# f[Yj_lW Z[ Yh[Y_c_[dje fWhW [b W‹e fWiWZe" ^WijW YebeYWhbW [d [b ,"+ $ ;d [b fh_c[h jh_c[ijh[ Z[b
W‹e ^kXe kd _dYh[c[dje Z[b .". " gk[ i[ cWdjkle Yed kdW b_][hW lWh_WY_Œd [d [b i[]kdZe jh_c[ijh[" YkWdZe \k[ Z[ ."*, " c_[djhWi gk[ [d [b j[hY[h jh_# c[ijh[ i[ Z[iWY[b[hŒ Wb -".+ o [d [b YkWhje jh_c[ijh[ bb[]Œ Wb ,"'* " fh[Y_iW bW [ijWZ‡ij_YW Z[b 8WdYe 9[djhWb$
7 ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
Ĉ
1#24-3.ĹŠ#2/~ 1#3.1- ĹŠ ĹŠ 4 ĹŠ
Ĺ—ĹŠ ĹŠĹŠ ĹŠ ĔŊ ĹŠÄ› H[dƒ =edp|b[p" kde Z[ bei Y_dYe W][dj[i YkXWdei YedZ[dWZei feh [if_edW`[ [d ;;$KK$" gk[ WYjkWbc[dj[ [ij| [d b_X[h# jWZ YedZ_Y_edWb" bb[]ÂŒ Wo[h W 9kXW [d kdW l_i_jW Æfh_lWZW o \Wc_b_WhÇ" Wkjeh_pWZW feh bW `kij_Y_W [ijWZekd_Z[di[ fWhW gk[ fk[ZW l_i_jWh W kd ^[hcW# de [d\[hce$ =edp|b[p Whh_XÂŒ W bW _ibW Æc_# dkjei Z[ifkƒi Z[b c[Z_eZ‡W Z[ [ij[ l_[hd[iÇ" i[]‘d kdW dejW eĂ’Y_Wb Z_lkb]WZW feh kd _d\ehcWj_le Z[ bW j[b[l_i_ÂŒd YkXWdW" gk[ de e\h[Y_ÂŒ c|i Z[jWbb[i$ Ä“ĹŠ +ĹŠ )_1!(3.ĹŠ!.+., ( -.ĹŠ#23 1;ĹŠ /.8 ".ĹŠ/.1ĹŠ #1.- 5#2ĹŠ 1 2(+# 2Ä“ĹŠ 1!'(5.
Ĺ‹ , (Ĺ‹& -Ĺ‹&# , #)( 1 2(+ĹŠ(-(!( ĹŠ/1#/ 1 3(5.2ĹŠ/ 1 ĹŠ#+ĹŠ./#1 Äą 3(5.ĹŠ"#ĹŠ1#2! 3#ĹŠ8ĹŠ1#3.1-.ĹŠ#-ĹŠ .+., ( ĹŠ "#ĹŠÄˆÄ‡ĹŠ1#'#-#2ĹŠ"#ĹŠ+ 2ĹŠ Ä“
W bei fh_c[hei h[^[d[i$ BW [djh[]W" i[]‘d ^W _d\ehcW# Ze F_[ZWZ 9ÂŒhZeXW" i[h| h[Wb_pW# ZW [d Zei [jWfWi" fh[l_ijWi fWhW [b bkd[i o [b c_ƒhYeb[i$ 8hWi_b" Yece ^W ^[Y^e [d ejhWi ĔŊ ĹŠ Ä› ;b ;`ƒhY_je XhW# dWZehW F_[ZWZ 9ÂŒhZeXW" b‡Z[h Z[b jh[i eYWi_ed[i" WfehjW bei Zei ^[# i_b[‹e _d_Y_ÂŒ Wo[h bei ‘bj_cei ]hkfe 9ebecX_Wdei o 9ebecX_W# b_YÂŒfj[hei o iki jh_fkbWY_ed[i" fh[fWhWj_lei fWhW [b ef[hWj_le dWi feh bW FWp 99F " gk_[d WYj‘W \ehcWZWi feh kd jejWb Z[ (& eĂ’# Z[ b_X[hWY_ÂŒd Z[ '& h[^[d[i gk[ Yece c[Z_WZehW o fWhj_Y_fWh| Y_Wb[i o iebZWZei Z[b ;`ƒhY_je$ gk[ZWd [d cWdei Z[ bWi <k[h# f[hiedWbc[dj[ [d bW ef[hWY_ÂŒd pWi 7hcWZWi H[lebkY_edWh_Wi `kdje Yed ejhei c_[cXhei Z[ [iW 7/#1(#-!( ĹŠ8ĹŠ!../#1 !(¢Z[ 9ebecX_W <7H9 " fh[l_ije eh]Wd_pWY_ÂŒd$ B[\Yel_Y^ Z[ijWYÂŒ gk[ [b 9?9H fWhW h[Wb_pWhi[ [d bei fhÂŒn_cei o [b =eX_[hde XhWi_b[‹e ÆoW ^Wd Z‡Wi$ WYkckbWZe `kdjei kdW [nf[h_[d#
ĹŠ143 Bei Zei ^[b_YÂŒfj[hei 9ek]Wh IWdZhW B[\Yel_Y^" fehjWlep Z[b Y_W _cfehjWdj[ W be bWh]e Z[ [ijei +)(K; gk[ i[h|d \WY_b_jWZei feh 9ec_jƒ ?dj[hdWY_edWb Z[ bW 9hkp W‹ei" [d bei YkWb[i 8hWi_b ^W ZWZe [b =eX_[hde XhWi_b[‹e fWhW bW He`W 9?9H " gk[ fWhj_Y_fWh| ck[ijhW Z[ ]hWd fhe\[i_edWb_ice ef[hWY_ÂŒd i[ Z[ifbWpWhed Z[i# jWcX_ƒd [d [b ef[hWj_le" [nfb_YÂŒ o Z[Z_YWY_ÂŒd [d [ijWi c_i_ed[i Z[ bW Y_kZWZ Z[ CWdWki ^WY_W W ;\[ gk[ bei Zei ^[b_YÂŒfj[hei i[ jWd Z[b_YWZWi o Yecfb[`WiÇ$ [b fk[Xbe Z[ IWe =WXh_[b ZW 9W# Z_h_]_h|d [b fhÂŒn_ce Zec_d]e JWcX_ƒd i[‹WbÂŒ gk[ Æ[ijW Ye# Y^e[_hW" W kdei '&& a_bÂŒc[jhei ^WY_W bW Y_kZWZ YebecX_WdW Z[ ef[hWY_ÂŒd YWZW l[p c|i Y[hYWdW L_bbWl_Y[dY_e" Z[iZ[ ZedZ[ fWh# [djh[ [b 9?9H o 8hWi_b" YedYh[# Z[ bW \hedj[hW Yed 9ebecX_W$ 7bb‡ Z[X[h| bb[]Wh ^eo bW [ni[# j_h|d Wb Z‡W i_]k_[dj[ fWhW h[Y_X_h jWZW [d [b YWcfe ef[hWY_edWb"
.2ĹŠ! 43(5.2ĹŠĹŠĹŠ Ĺ—ĹŠĹŠ .2ĹŠ2#!4#231 ".2ĹŠ04#ĹŠ+ ĹŠ%4#11(++ ĹŠ !.+., ( - ĹŠ2#ĹŠ' ĹŠ!.,/1.,#3(".ĹŠ ĹŠ
+( #1 1Ŋ2.-Ŋ+.2Ŋ,(+(3 1#2Ŋ 4(2Ŋ +$.-2.Ŋ #+31;-Ŋ 1 -!.ĔŊ 4(2Ŋ 1341.Ŋ 1!( ĔŊ . (-2.-Ŋ +!#".Ŋ 4 1~-Ŋ8Ŋ 4(2Ŋ +$1#".Ŋ .1#-.Ŋ ' %Õ#9 ē .-Ŋ#++.2ĔŊ3 , (_-Ŋ"# #1;-Ŋ1#Ĺ !. 1 1Ŋ+ Ŋ+( #13 "Ŋ+.2Ŋ/.+(!~ 2Ŋ 1+.2Ŋ
.2_ĹŠ 4 13#ĔŊ _2 1ĹŠ 4%423.ĹŠ 22.ĹŠ .-2 +5#ĔŊ .1%#ĹŠ 14)(++.ĹŠ .+ 13#ĔŊ .1Äą %#ĹŠ 4, #13.ĹŠ .,#1.ĔŊ .2_ĹŠ ( 1".ĹŠ .1#1.ĹŠ8ĹŠ (+2.-ĹŠ .) 2ĹŠ #"(- ĔŊ3.".2ĹŠ 2#!4#231 ".2ĹŠ#-31#ĹŠÄˆÄ’Ä’Ä‘ĹŠ8ĹŠÄˆÄ’Ä’Ä’Ä“ĹŠ
Yece [i [b YWie Z[ bWi b_X[hWY_e# d[i [d 9ebecX_WÇ" i[ ZW jWc# X_ƒd [d [b |h[W Z[ ÆbW Z_fbecWY_W _dj[hdWY_edWb" Yed h[\b[n_ed[i YedijhkYj_lWi ieXh[ bW WYY_ÂŒd ^kcWd_jWh_W o iki Z[iW\‡ei [d Yedj[njei YedĂ“_Yj_leiÇ$
,&)-ŋ ( 'ŋ ŋ $/# #)ŋ*),ŋ . (. )ŋ Ŋ ĔŊ Ŋě BW @kij_Y_W Wh#
Ä“ĹŠ 4 .ĹŠ"(2/.2(!(.-#2ĹŠ(+#% +#2ĹŠ#-ĹŠ#+ĹŠ, -" 3.ĹŠ"#ĹŠ #-#,Ä“ĹŠ 1!'(5.
][dj_dW [b[lŒ Wo[h W `k_Y_e ehWb kdW YWkiW feh [b ikfk[ije [dYk# Xh_c_[dje Z[b Wj[djWZe [d '//* YedjhW bW ckjkWb_ijW `kZ‡W 7C?7 [d 8k[dei 7_h[i" feh bW gk[ [i# j|d fheY[iWZei [b [nfh[i_Z[dj[ 9Whbei C[d[c o ejhei Y_dYe _c# fkjWZei [d [b YWie$ C[d[c '/./#'/// " [b [n`k[p \[Z[hWb @kWd @eiƒ =Wb[Wde" bei Wd# j_]kei `[\[i Z[b i[hl_Y_e i[Yh[je >k]e 7dpehh[]ko o @kWd 9Whbei 7dY^[pWh o Zei [nYec_iWh_ei Z[ bW Feb_Y‡W <[Z[hWb i[h|d iec[j_Zei W `k_Y_e feh Z[Y_i_Œd Z[b cW]_ijhWZe 7h_[b B_`e" gk_[d YedYbkoŒ bW [jWfW Z[ _dijhkYY_Œd" _dZ_YŒ [b 9[djhe Z[
?d\ehcWY_ÂŒd @kZ_Y_Wb$ JeZei [bbei ied WYkiWZei Z[ Æ[dYkXh_hÇ W bei Wkjeh[i Z[b Wj[d# jWZe Yed [nfbei_lei gk[ [b '. Z[ `kb_e Z[ '//* YWkiÂŒ .+ ck[hjei o Y_[djei Z[ ^[h_Zei Wb WhhWiWh Yed bW i[Z[ Z[ bW 7ieY_WY_ÂŒd CkjkWb ?ihW[b_jW 7h][dj_dW 7C?7 [d [b XWhh_e fehj[‹e Z[ EdY[$ B_`e _dZ_YÂŒ [d ik Z_YjWc[d gk[ Z[Y_Z_ÂŒ WYkiWh W C[d[c fehgk[ Æ[njhWb_c_jWdZe bWi \kdY_ed[i WYehZWZWiÇ feh bW 9edij_jkY_ÂŒd Wh][dj_dW o bWi b[o[i beYWb[i i[ [djhec[j_ÂŒ [d bW _dl[ij_]WY_ÂŒd Z[b Wj[djWZe" gk[ i[ Wjh_Xko[ Wb ]hkfe _ib|c_Ye >_pXkb| Yed bW fh[ikdjW Yecfb_Y_ZWZ Z[ ?h|d$
, Ä—ĹŠ5(23. 4#-.ĹŠĹŠ ĹŠ2 -!(.-#2ĹŠ !.-31 ĹŠ 1;-
Ĺ—ĹŠĹŠĹŠ
ĔŊ ŊěŊ;b fh[# i_Z[dj[ Z[ ;;$KK$" 8WhWYa EXWcW" Z_`e Wo[h gk[ Æ^Wo ikĂ’Y_[dj[ e\[hjW Z[ f[jhÂŒb[e Z[ ejhei fW‡i[iÇ" feh be gk[ ZW bkp l[hZ[ W bWi iWdY_ed[i Yed# jhW ?h|d o Wgk[bbei fW‡i[i gk[ Yecfh[d f[jhÂŒb[e W J[^[h|d$ BW c[Z_ZW XkiYW W_ibWh Wb =e# X_[hde _hWd‡ [d kd cec[dje Z[ Yh[Y_[dj[ j[di_ÂŒd" Wdj[ bei j[ceh[i Z[ gk[ [b fhe]hWcW dkYb[Wh _hWd‡ jhWj[ Z[ Z[iWhhe# bbWh WhcWi dkYb[Wh[i$
ē ēŊ-.Ŋ .(!.3#¢ !4, 1#Ŋ -3("1.% 2Ŋ
Ĺ—ĹŠĹŠĹŠ
ĹŠ ĔŊ ŊěŊ;b fh[i_Z[dj[ Z[ ;b IWblWZeh" CWkh_Y_e <kd[i" d[]ÂŒ Wo[h gk[ ;ijWZei Kd_Zei Xe_Yej[W# hW bW YkcXh[ ieXh[ i[]kh_ZWZ o dWhYejh|Ă’Ye Y[b[XhWZW [b i|XWZe fWiWZe [d =kWj[cWbW" Yece Z[dkdY_ÂŒ [b cWdZW# jWh_e Z[ [i[ fW‡i" Ejje Fƒh[p Ceb_dW$ Æ;ijW [i kdW c[dj_hWÇ" Wi[# l[hÂŒ <kd[i [d kdW [djh[l_ijW Yed J[b[YehfehWY_ÂŒd IWblW# Zeh[‹W" [d h[\[h[dY_W W bW Z[dkdY_W ^[Y^W [b `k[l[i feh Fƒh[p Ceb_dW Z[ gk[ ;;$KK$ Xe_Yej[ÂŒ bW h[kd_ÂŒd" W bW gk[ de Wi_ij_[hed bei ]eX[hdWdj[i Z[ ;b IWblWZeh" >edZkhWi o D_YWhW]kW$
ĉ
7 ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
.2ĹŠ1#!+ ,.2
ē ēŊ/("#Ŋ,."#1 !(¢-
ĹŠ +ĹŠ  .ĹŠ/ 2 ".ĔŊ!.-ĹŠ,.3(5.ĹŠ"#+ĹŠ ~ ĹŠ"#ĹŠ+ ĹŠ Ĺ— * Ŋĸ 3;231.$#ÄšÄ”ĹŠÄˆÄŽĹŠ/#12.- 2ĹŠ/#1"(#1.-ĹŠ + ĹŠ5(" ĹŠ!4 -".ĹŠ!(#-3.2ĹŠ31 3 1.-ĹŠ"#ĹŠ!149 1ĹŠ "#2"#ĹŠ ~ -.ĔŊ (1( ĹŠ8ĹŠ 9 ĹŠ +ĹŠ3#11(3.1(.ĹŠ !.-31.+ ".ĹŠ/.1ĹŠ 21 #+Ä“
Ŋ 23 ".2Ŋ -(".2Ŋ/("(¢Ŋ!.-3#-!(¢-Ŋ Ŋ ŗ(21 #+~#2Ŋ8Ŋ/ +#23(-.2Ŋ"#2/4_2Ŋ"#Ŋ04#Ŋ2#Ŋ
/1."4)#1 -ĹŠ!#-3#- 1#2ĹŠ"#ĹŠ'#1(".2ĹŠ"41 -3#ĹŠ +.2ĹŠ,~3(-#2ĹŠ/ 1 ĹŠ!.-,#,.1 1ĹŠ+ ĹŠ,4#13#ĹŠ"#ĹŠ ;1 #2ĹŠ(21 #+~#2Ä“
ĹŠÄĄ (#13 ,#-3#ĹŠ-.ĹŠ04#1#,.2ĹŠ-(-%ĂŒ-ĹŠ3(/.ĹŠ Ĺ—"#ĹŠ5(.+#-!( ĹŠ"#ĹŠ-(-%4- ĹŠ"#ĹŠ+ 2ĹŠ/ 13#2ĢĔŊ"().ĹŠ #+ĹŠ/.13 5.9ĹŠ"#+ĹŠ"#/ 13 ,#-3.ĹŠ"#ĹŠ 23 ".ĹŠ 1*ĹŠ .-#1ĹŠ ĹŠ/#1(."(23 2Ä“
") (ŋ#-, &v -ŋ3ŋ* & -.#()-ŋ ēŊ Ŋ .+(!~ Ŋ(21 #+~Ŋ"(2.+5(¢Ŋ/.1Ŋ+ Ŋ$4#19 Ŋ+ 2Ŋ, -($#23 !(.-#2ē
1 5#2Ŋ#-$1#-3 ,(#-3.2Ŋ#-Ŋ 9 ĔŊ #14Ĺ 2 +_-Ŋ8Ŋ (2).1" -( Ŋ#-Ŋ#+Ŋ ~ Ŋ"#Ŋ+ Ŋ (#Ĺ 11 ēŊ -Ŋ,4#13.Ŋ8Ŋ"#!#- 2Ŋ"#Ŋ'#1(".2ē
^ ĔŊ ŊěŊKd fWb[ij_de ck#
\[ijWdj[i Yedi_]k_[hed XkhbWh bei h[j[d[i b[lWdjWZei feh [b cel_c_[dje _ibWc_ijW >Wc|i o bb[]Wh ^WijW bW Y[hYW Z[ i[]kh_# ZWZ" ZedZ[ bei iebZWZei _ihW[# b‡[i WXh_[hed \k[]e fWhW _cf[# Z_h gk[ bW YhkpWhWd$ ;b d‘c[he Z[ ^[h_Zei [d bW <hWd`W i[ ^W [b[lWZe [d bWi ‘bj_# cWi ^ehWi$ ;d [b fWie \hedj[h_pe Z[ AWbWdZ_W" c_b[i Z[ f[hiedWi i[ YedY[djhWhed [d ejhW cWhY^W YedjhW bW [nfhef_WY_ÂŒd Z[ j_[hhWi feh ?ihW[b o bW Æ`kZW_pWY_ÂŒdÇ Z[ bW Y_kZWZ iWdjW" cej_lei Z[ bW `eh# dWZW Z[ Yedc[cehWY_ÂŒd$ <k[dj[i c_b_jWh[i Z_`[hed gk[ Z[ifkƒi Z[ bei h[pei [d bW c[p# gk_jWi" kdei ZeiY_[djei `ÂŒl[d[i fWb[ij_dei bWdpWhed f_[ZhWi o [nfbei_lei YedjhW bWi \k[hpWi gk[ l_]_bWd [b fWie o gk[cWhed d[k# c|j_Yei [d iki fhen_c_ZWZ[i$ IebZWZei Z[b ;`ƒhY_je o W][dj[i Z[ bW Feb_Y‡W Z[ <hedj[hWi h[i# fedZ_[hed Yed [gk_fei Wdj_Z_i# jkhX_ei" gk[ YWkiWhed kdei (& ^[h_Zei" bW cWoeh‡W feh _d^WbW# .-31 ĹŠ#7/1./( !(.-#2 KdWi '&$&&& f[hiedWi fWhj_# Y_ÂŒd Z[ ]Wi[i" _d\ehcWd c[Z_ei Y_fWhed [d [b dehj[ Z[ =WpW [d beYWb[i$ kdW cWd_\[ijWY_ÂŒd gk[ jkle bk# ;djh[ bei W\[YjWZei [b Z_fk# ]Wh \h[dj[ Wb fWie Z[ ;h[p o [d jWZe _ibWc_ijW 7^c[Z 7j‘d" bW gk[ lWh_Wi Z[Y[dWi Z[ cWd_# gk[ i[]‘d j[ij_]ei h[Y_X_ÂŒ kd h_ÂŒ o Z[Y[dWi h[ikbjWhed ^[h_Zei [d bei [d\h[djWc_[djei Yed \k[h# pWi _ihW[b‡[i gk[ jkl_[hed bk]Wh Wo[h feh jeZW 9_i`ehZWd_W" =WpW o @[hkiWbƒd ;ij[ Yed cej_le Z[b :‡W Z[ bW J_[hhW$ 7 bWi fhej[ijWi [d bW pedW i[ ikcWhed [d B‡XWde" I_h_W" ;]_f# je o @ehZWd_W c_b[i Z[ WYj_l_ijWi fhe#fWb[ij_dei o h[\k]_WZei" [d kdW YedleYWjeh_W _dj[hdWY_edWb XW`e [b decXh[ Z[ ĂˆCWhY^W =be# XWb W @[hkiWbƒdÉ gk[" Wb YW[h bW de# Y^[" j[d‡W W‘d [d l_be Wb ;`ƒhY_je _ihW[b‡$ BWi cWd_\[ijWY_ed[i c|i l_eb[djWi jkl_[hed bk]Wh Z[ifkƒi Z[b c[Z_eZ‡W [d =WpW o [b fWie \hedj[h_pe Z[ AWbWdZ_W" [djh[ @[# hkiWbƒd o HWcWbW$ BW l‡Yj_cW cehjWb [i kd `el[d Z[ (& W‹ei" _Z[dj_Ă’YWZe Yece CW^ckZ PWakj" gk[ \Wbb[Y_ÂŒ [d kd ^eif_jWb Z[ bW <hWd`W W YWkiW Z[ bWi ^[h_ZWi gk[ ^WX‡W ik\h_Ze W fh_c[hW ^ehW Z[ bW jWhZ[$
¥ ēŊ (+#2Ŋ"#Ŋ/#12.- 2Ŋ !.-Ŋ -"#1 2Ŋ/ +#23(- 2ŊĹ(-424 +Ŋ#-Ŋ + Ŋ9.- Ŋ04#Ŋ 21 #+Ŋ!.-2("#1 Ŋ24Ŋ! /(3 +Ŋ #3#1- Ŋ#Ŋ(-"(5(2( +#ĹĔŊ, 1!' 1.-Ŋ#-Ŋ
#142 +_-Ä“ĹŠ
f[ZhWZW [d bW YWX[pW" o [b [n YWdZ_ZWje fh[i_Z[dY_Wb o Z_# fkjWZe CkijW\| 8Wh]kj_" gk[ ik\h_Œ b[i_ed[i [d bW YWX[pW W YWkiW Z[b _cfWYje Z[ kd Xej[ Z[ ]Wi bWYh_cŒ][de$
;2Ŋ,.5(+(9 !(.-#2 ŗŊ Ŋ(-(!( 3(5 Ŋ(-3#1- !(.- +Ŋ"#+Ŋ ~ Ŋ"#Ŋ+ Ŋ (#11 Ŋ1#4-(¢Ŋ#-Ŋ .1" -( ĔŊ (1( ĔŊ %(/3.Ŋ8Ŋ
~ -.ĹŠ ĹŠ"#!#- 2ĹŠ"#ĹŠ,(+#2ĹŠ"#ĹŠ, -($#23 -3#2Ä“ĹŠ -.2ĹŠÄˆÄŽÄ“Ä‡Ä‡Ä‡ĹŠ).1" -.2ĹŠ8ĹŠ !3(5(23 2ĹŠ (-3#1- !(.- +#2ĹŠ2#ĹŠ!.-%1#% 1.-ĹŠ#-ĹŠ+ ĹŠ+.! +(" "ĹŠ"#ĹŠ $1#(-ĔŊ/ 1 ĹŠ4- ĹŠ, 1!' ĹŠ2(,Äą ¢+(! ĹŠ' 23 ĹŠ#+ĹŠ1~.ĹŠ .1";-ĔŊ#+ĹŠ/4-3.ĹŠ%#.%1;ă!.ĹŠ,;2ĹŠ!#1! -.ĹŠ ĹŠ #142 +_-Ä“
-ĹŠ (1( ĹŠ'4 .ĹŠ4- ĹŠ, -($#23 !(¢-ĹŠ#-ĹŠ+ ĹŠ! /(3 +ĹŠ8ĹŠ#-ĹŠ +ĹŠ (1.ĹŠ2#ĹŠ' ĹŠ(-$.1, ".ĹŠ"#ĹŠ 4- ĹŠ!.-!#-31 !(¢-ĹŠ#-ĹŠ+ ĹŠ + 9 ĹŠ '1(1Ä“ĹŠ -ĹŠ ~ -.ĔŊ5 1(.2ĹŠ,(+#2ĹŠ, 1!' 1.-ĹŠ' !( ĹŠ+ ĹŠ $.13 +#9 ĹŠ"#ĹŠ # 4$.13ĹŠ#-ĹŠ4- ĹŠ!.-!#-31 !(¢-ĹŠ04#ĔŊ2#%ĂŒ-ĹŠ$4#-3#2ĹŠ,(+(3 1#2ĹŠ(21 #+~#2ĔŊ $4#ĹŠ!.-31.+ " ĹŠ/.1ĹŠ#+ĹŠ#)_1!(3.ĹŠ1#%4+ 1ĹŠ+( -_2Ä“
( Ĺ‹(#˜ Ĺ‹ ŋÿŋ ˜)-Ĺ‹ / Ĺ‹) &#! Ĺ‹ Ĺ‹ - ,-
ĔŊ ŊěŊKdW d_‹W Z[ + W‹ei
Ä“ĹŠ ĹŠ/#04#Â ĹŠ#2ĹŠ+ ĹŠ5~!3(, ĹŠ,;2ĹŠ).5#-ĹŠ"#ĹŠ4-ĹŠ, 31(,.-(.ĹŠ$.19.2.ĹŠ"#Äą 3#!3 ".ĹŠ#-ĹŠ#+ĹŠ #(-.ĹŠ -(".Ä“
[i bW l‡Yj_cW c|i `el[d Z[ kd cWjh_ced_e \ehpeie Z[j[YjWZe [d [b H[_de Kd_Ze" i[]‘d bei ZW# jei fkXb_YWZei Wo[h feh bW Kd_# ZWZ Z[ CWjh_ced_ei <ehpWZei KC< Z[ [ij[ fW‡i" h[Ye]_Zei feh bW YWZ[dW f‘Xb_YW 889$ ;b W‹e fWiWZe" '$+&& f[hie# dWi h[Y_X_[hed bW Wi_ij[dY_W Z[ [ij[ eh]Wd_ice f‘Xb_Ye" o *&& Z[ [bbWi \k[hed d_‹Wi c[deh[i
Z[ [ZWZ" i[]‘d bWi [ijWZ‡ij_YWi eXj[d_ZWi W hW‡p Z[ kdW _dl[ij_# ]WY_ÂŒd ieXh[ [ij[ fheXb[cW [d ?d]bWj[hhW" =Wb[i [ ?hbWdZW Z[b Dehj[$ :[ [bbWi ÆbW l‡Yj_cW c|i `e# l[d iebe j[d‡W Y_dYe W‹ei" be gk[ i_]d_Ă’YW gk[ c[deh[i [d [ZWZ [iYebWh ied l‡Yj_cWi Z[ [ijW fh|Yj_YWÇ" Z[dkdY_ÂŒ 7co 9kcc_d]" bW Z_h[YjehW Z[ bW KC<" gk_[d de Z[il[bÂŒ d_d]‘d
ejhe Z[jWbb[ Z[ bW c[deh fWhW fhej[][h ik fh_lWY_ZWZ$ I[]‘d Z[YbWhŒ W ;\[ kdW feh# jWlep Z[ bW KC<" bW c[deh Yed# jhW`e cWjh_ced_e [d [b [njhWd`[# he o Z[ifkƒi i[ jhWibWZŒ Wb H[_de Kd_Ze" ZedZ[ bWi Wkjeh_ZWZ[i i[ ^_Y_[hed YWh]e Z[ ik YWie$ BW fehjWlep de fkZe Z[Y_h i_ bW f[gk[‹W [i Z[ dWY_edWb_ZWZ Xh_j|d_YW d_ ik h[b_]_Œd$ ;b YWie [i ‘d_Ye [d jeZe [b ckdZe$
}".+.ĹŠÄĽ2!(Äą$(ÄŚĹŠ8ĹŠ/./ĹŠ 4ĹŠ/1(,#1 ĹŠ/4 +(! !(¢-ĹŠ$4#ĹŠ#-ĹŠÄˆÄ’ÄŠÄŒĹŠ #-ĹŠ+ ĹŠ/;%(- ĹŠ".,(-(! +ĹŠ"#ĹŠ +%4-.2ĹŠ /#1(¢"(!.2Ä“ĹŠ .8ĹŠ2#ĹŠ+.ĹŠ1#!4#1" ĹŠ/.!.Ä“ĹŠ
Z[ b[Yjeh[i gk[ Yedi_]k_ÂŒ o feh ^kc_bZ[ i[hl_Zeh" [d bWi l‡if[# i[h [b fh_c[h Ăˆ^ƒhe[ Z[ bW Y_[d# hWi Z[ [iYh_X_h [ij[ Whj‡Ykbe gk[ Y_W Ă’YY_ÂŒd ĂˆiY_#ÒÉ É" gk[ Yed [b jWdjWi l[Y[i \k[ f[Z_Ze feh ik j_[cfe \k[ Yedi_Z[hWZe Yece fWZh[ W fkdje Z[ Ykcfb_h -, kd ĂˆÂ‡Zebe fefÉ$ W‹ei " i[ b[ l_de W bW c[dj[ bW YWdY_ÂŒd i_cfbedW [d [ifW‹eb +ĹŠ/#12.- )# gk[ f[hj[d[Y‡W W bW i[h_[ Z[ Z_# Bei Yh[WZeh[i Z[ Ăˆ<bWi^ =eh# Xk`ei Wd_cWZei gk[ i[ jhWdi# ZedÉ ied :ed Ceeh[ o 7b[n c_j‡W [d bW fh_c[hW c_jWZ Z[ bW HWocedZ o be fkXb_YWhed fWhW ZƒYWZW Z[b .& feh bW j[b[l_i_ÂŒd bW A_d] <[Wjkh[i IodZ_YWj[$ dWY_edWb0 Ăˆ<bWi^ =ehZedÉ" [d bW ;bbei de ZkZWhed [d gk[ ik hk# gk[ [b hkX_e ^ƒhe[ ceijhWXW iki X_e ^ƒhe[ Z[X‡W i[h kd Z[ijWYW# Zej[i Z[ i[ZkYjeh o Z[ fWbWZ‡d Ze Z[fehj_ijW gk[ fhWYj_YWXW Z[ bW `kij_Y_W" [d kd [njhW‹e fbW# [b \‘jXeb Wc[h_YWde o gk[" feh d[jW bbWcWZe Ced]e ]eX[hdWZe Y_hYkdijWdY_Wi i_d [nfb_YWY_ÂŒd Y_[dj‡ÒYW" WfWh[Y[ [d kd fbWd[# feh [b cWblWZe C_d]$ :_Y^e i[h_WZe" gk[ \k[ cko jW bbWcWZe Ced]e$ fefkbWh ^WijW gk[ bb[]ÂŒ [d [i[ ÂľO YÂŒce i[ bb[]ÂŒ W [ie5 Fk[i [djedY[i W bW f[gk[‹W fWdjWbbW <bWi^ =ehZed l_W`WXW [d kd [b Wd_c[ ĂˆCWp_d][h PÉ" de \k[ Wl_ÂŒd `kdje W bW X[bbW h[fehj[# c|i gk[ kdW Z[ bWi jWdjWi l[h# hW :Wb[ 7hZ[d o ied iWYWZei i_ed[i gk[ i[ ^_pe ieXh[ Wgk[b Z[ ik hkcXe feh kd c[j[eh_je ^ƒhe[ Z[ bW j_djW o [b fWf[b" gk[ gk[ i[ [ijh[bbWXW YedjhW bW J_[# jkle ik fh_c[hW WfWh_Y_ÂŒd [d hhW$ F[he de iWX‡Wd gk[ l[d‡W '/)* [d bW f|]_dW Zec_d_YWb kd Wij[he_Z[ c|i ]hWdZ[ o gk[ Z[ ckY^ei Z_Wh_ei Z[ ;ijWZei kd Y_[dj‡\_Ye bbWcWZe >Wdi Kd_Zei o Ykoe dWY_c_[dje i[ PWhaeĂľ ^WX‡W Yedijhk_Ze kd Z_e fWhW ZWh bW YedjhW Ye^[j[ fWhW Z[j[d[hbe$ W ejhW ^_ijeh_[jW gk[ j[# ;ij[ Y_[dj‡\_Ye c[# ĹŠ d‡W bW c_icW f[h_eZ_Y_# Z_e beYe" Yed WhcW [d cWde" eXb_]ÂŒ W bW fW# ZWZ0 Ăˆ8kYa He][hiÉ$ -ĹŠ24ĹŠ,.,#-3.ĔŊ + 2'ĹŠ .1".-ĹŠ$4#ĹŠ h[`W W ikX_hi[ [d [ij[ 5(23.ĹŠ!.,.ĹŠ4-ĹŠ -ĹŠ~!.-.ĹŠ/./ Ye^[j[#dWl[ fWhW _c# :ed =k_bb[hce 7bc[_# ÄĽ / !#ĹŠ /#1 ÄŚÄ“ĹŠĹŠ fWYjWhi[ YedjhW [b ]hWd c[j[eh_je$$$ 7 bW Ă’dWb" [b ZW fWZh[ Z[ [ij[ i[h# c[j[eh_je [hW [b fbWd[jW l_Zeh " de iebWc[dj[ Ced]e o" [d [ij[ bk]Wh" i_]k_ÂŒ W <bWi^ =ehZed ĹŠ _d_Y_Wh‡Wd iki Wl[djk# [d bWi l_‹[jWi gk[ i[ fkXb_YWXWd [d Y_[hjei -ĹŠÄ‰Ä‡Ä‡ÄŒĹŠ#+ĹŠ hWi [d kd ckdZe Ze# f[h_ÂŒZ_Yei o h[l_ijWi "(1#!3.1ĹŠ 3#/'#-ĹŠ c_dWZe feh [b cWblWZe .,,#12ĹŠ "04(Äą ĂˆfkbfÉ" i_de gk[ be l[‡W 1(¢Ŋ+.2ĹŠ"#1#!'.2ĹŠ C_d]" [d [b gk[ [n_ij[d !(-#, 3.%1;$(Äą YkWdZe [hW d_‹e [d [b !.2ĹŠ"#ĹŠÄĽ + 2'ĹŠ Wb]kdWi hWpWi ^kcW# Y_d[ Fk[hjW Z[b Ieb" .1".-ÄŚÄ“ de_Z[i" Yece bei ^ec# 8eb‡lWh e 7bWcXhW [d Xh[i b[ÂŒd" bei ^ecXh[i f[gk[‹ei [f_ieZ_ei Z[ ^WbYÂŒd" bei ^ecXh[i kdW i[h_[ gk[ [cf[pÂŒ W fheZk# j_XkhÂŒd e bei h[_dei Wƒh[e" ^[# Y_hi[ [d '/)," ZedZ[ bei fhe# bWZe" jhef_YWb o ikXcWh_de$ ;d Ced]e" Yece oW be Z_`_# jW]ed_ijWi \k[hed 8kij[h 9hW# XX[ <bWi^ =ehZed " 9^Whb[i cei" ik ]eX[hdWdj[ [i [b Z[i# C_ZZb[jed C_d] " @[Wd He][hi f_WZWZe C_d]" gk_[d j_[d[ W kdW :Wb[ 7hZ[d " Fh_iY_bW BWmied ^[hceiW ^_`W bbWcWZW 7khW" gk_[d i[ [dWcehW Z[ <bWi^ =eh# 7khW " [djh[ ejhei$ Feh Y_[hje" [ijW i[h_[ gk[ Zed$ ;b Z_YjWZeh" feh ik fWhj[" i[ c[dY_edWcei" jWcX_ƒd \k[ fh[dZW Z[ :Wb[ 7hZ[d$ jhWdic_j_ZW feh [b Z[iWfWh[Y_# Ze 9WdWb ') Z[ Gk_je" gk[ ieb‡W . 1#ĹŠ#+ĹŠ!¢,(! [c_j_h fhe]hWcWi WhYW_Yei$ De YWX[ ZkZW gk[ i[ jhWjW Z[ Be _dd[]WXb[ [i gk[ Ăˆ<bWi^ kd Yb|i_Ye [djh[ bei Yb|i_Yei =ehZedÉ Z[iZ[ gk[ WfWh[Y_ÂŒ i[ o ik ikh]_c_[dje i[ Z_e [d bW Yedl_hj_ÂŒ h|f_ZWc[dj[ [d kd Z[dec_dWZW ĂˆxfeYW Z[ EheÉ ƒn_je Yec[hY_Wb feh bW YWdj_ZWZ Z[b YÂŒc_Y1 i_d [cXWh]e" Ăˆ<bWi^
ĹŠ ĹŠ
"#ĹŠ+.2ĹŠ"#1#!'.2ĹŠ-.ĹŠ+.ĹŠ/#1,(3(#1.-Ä“ĹŠ 2ĹŠ 2~ĹŠ04#ĹŠ#+ĹŠ#-342( 23 ĹŠ1# +(9 ".1ĹŠ"#!("(¢Ŋ!1# 1ĹŠ 24ĹŠ/1./( ĹŠ'(23.1( ĹŠ8ĹŠ 2~ĹŠ- !(¢Ŋļ 3 1ĹŠ 12ČĔŊ2 % ĹŠ!(-#, 3.%1;$(! ĹŠ04#ĹŠ2#ĹŠ31 2+ "¢Ŋ ĹŠ+ ĹŠ ĔŊ5("#.)4#%.2ĹŠ8ĹŠ!¢,(!2Ä“ĹŠĹŠ .23#1(.1,#-3#ĹŠ2#ĹŠ'(9.ĹŠ+ ĹŠ/#+~!4+ ĹŠ8ĹŠ2#ĹŠ#231#-¢Ŋ#-ĹŠÄˆÄ’Ä‘Ä‡Ä“ĹŠ 4#ĹŠ3.".ĹŠ4-ĹŠ ă 2!.Ä—ĹŠ2(-ĹŠ#, 1%.ĔŊ,4!'.2ĹŠ+ ĹŠ1#!4#1" -ĹŠ/.1ĹŠ24ĹŠ -" ĹŠ2.-.1 ĔŊ'#!' ĹŠ#-ĹŠ24ĹŠ 3.3 +(" "ĹŠ/.1ĹŠ#+ĹŠ%14/.ĹŠ 1(3;-(!.ĹŠ 4#--Ä“ĹŠ
7 ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
ÄŠ
ÄĽ + 2'ĹŠ .1".-ÄŚ -ĹŠ+ ĹŠ ĹŠ8ĹŠ#+ĹŠ!(-#ĹŠ
ĹŠ -31#ĹŠÄˆÄ’ÄŠÄ?ĹŠ8ĹŠÄˆÄ’ÄŒÄ‡ĹŠ2#ĹŠ'(!(#1.-ĹŠ31#2ĹŠ Ĺ—2#1( +#2ĹŠ"#ŊĊćŊ,(-43.2ĹŠ/.1ĹŠ#/(2."(.ĹŠ/ 1 ĹŠ
!(-#ĹŠ8ĹŠ$4#1.-Ä–ĹŠÄĽ + 2'ĹŠ .1".-ÄŚĹŠÄ¸ÄˆÄ’ÄŠÄ?ĚĔŊļ + 2'ĹŠ .1".-ÄŚ2ĹŠ 1(/ĹŠ3.ĹŠ 12ÄŚĹŠÄ¸ÄˆÄ’ÄŠÄ‘ÄšĹŠ8ĹŠÄĽ + 2'ĹŠ .1Äą ".-ĹŠ .-04#12ĹŠ3'#ĹŠ -(5#12#ÄŚĹŠÄ¸ÄˆÄ’ÄŒÄ‡ÄšÄ“ĹŠ
ĹŠ ĹŠ } ĹŠ Ä› 7 [ij[
#ĹŠ + 2'ĹŠ .1".-ĹŠ241%(¢Ŋļ 3 1ĹŠ 12ÄŚ Ĺ—ĹŠ 2ĹŠ,48ĹŠ!.-.!(".ĹŠ04#ĹŠ #.1%#ĹŠ 4! 2ĹŠ' ĹŠ2(".ĹŠ4-ĹŠ%1 -ĹŠ$ -;3(!.ĹŠ"#ĹŠ + 2'ĹŠ .1".-ĹŠ8ĹŠ 04(2.ĹŠ ĹŠ,#"( ".2ĹŠ"#ĹŠ+.2ĹŠÄ?ćŊ' !#1ĹŠ4- ĹŠ/#+~!4+ ĹŠ2. 1#ĹŠ#+ĹŠ/#12.- )#ĔŊ/#1.ĹŠ+.2ĹŠ"4# .2ĹŠ
§
ĹŠ -ĹŠÄˆÄ’Ä?ĒĔŊ (+, 3(.-ĹŠ/1."4).ĹŠ4- ĹŠ2#1(#ĹŠ Ĺ— -(, " ĹŠ 2 " ĹŠ#-ĹŠ+ ĹŠ'(23.1(#3 Ä“ĹŠ ĹŠ -ĹŠÄˆÄ’Ä‘Ä‡ĹŠ2#ĹŠ1# +(9¢Ŋ4- ĹŠ " /3 !(¢-ĹŠ/ 1 ĹŠ Ĺ—#+ĹŠ!(-#ĹŠ3(34+ " ĹŠÄĽ + 2'ĹŠ .1".-ÄŚÄ“ ĹŠ -ĹŠÄˆÄ’Ä‘Ä‰ĹŠ2#ĹŠ1# +(9¢Ŋ3 , (_-ĹŠ4-ĹŠ3#+#ă+,#Ä–ĹŠ Ĺ—ÄĽ + 2'ĹŠ .1".-Ä–ĹŠ '#ĹŠ%1# 3#23ĹŠ "5#-341#ĹŠ .$ĹŠ ++ÄŚÄ“
ĹŠ -ĹŠÄˆÄ’Ä‘Ä?ĔŊ#-ĹŠ+.2ĹŠÄĽ #$#-2.1#2ĹŠ"#ĹŠ+ ĹŠ (#11 ÄŚĹŠ ŗĸļ #$#-"#12ĹŠ.$ĹŠ3'#ĹŠ 13'ČĚŊ/1."4!(".ĹŠ/.1ĹŠ + ĹŠ!.,/  ~ ĹŠ (-%ĹŠ # 341#2ĔŊ + 2'ĹŠ+("#1 ĹŠ 4-ĹŠ#04(/.ĹŠ"#ĹŠ'_1.#2ĹŠ"#ĹŠ!¢,(!ĹŠ!.,.ĹŠ#+ĹŠ -3 2, ĹŠ8ĹŠ -"1 *#ĹŠ#+ĹŠ, %.Ä“
ĹŠ -ĹŠÄˆÄ’Ä’Ä?ĹŠ # 123ĹŠ -3#13 (-,#-3ĹŠ1# +(9¢Ŋ Ĺ—4- ĹŠ2#1(#ĹŠ"#ĹŠ"( 4).2ĹŠ -(, ".2ĹŠ/ 1 ĹŠ+ ĹŠ 3#+#5(2(¢-Ä“
ĹŠ -ŊĉććÄ?ĹŠ 8Äą 8ĹŠ ' --#+ĹŠ!.,#-9¢Ŋ+ ĹŠ Ĺ—/1."4!!(¢-ĹŠ"#ĹŠ4- ĹŠ-4#5 ĹŠ#-31#% ĹŠ"#+ĹŠ
'_1.#Ŋ".-"#Ŋ#+Ŋ!.-3 !3.Ŋ!.-Ŋ .-%.Ŋ"#) Ŋ "#Ŋ' !#12#Ŋ,#"( -3#Ŋ54#+.2Ŋ#2/ !( +#2ĔŊ 42 -".Ŋ/.1Ŋ!.-31 23#Ŋĥ/.13 +#2ĢŊ"#Ŋ !.,4-(! !(¢-ēŊ
Ä“ĹŠ , %#-ĹŠ"#ĹŠ4-ĹŠ + 2'ĹŠ .1".-ĹŠ !.1"#ĹŠ ĹŠ-4#231.2ĹŠ3(#,/.2Ä“ĹŠ
=ehZedÉ \k[ cko Yh_j_YWZe [d ik cec[dje" fk[i ik jhWcW \k[ jhW# jWZW Z[ fk[h_b o ^WijW h_Z‡YkbW feh bWi _dYedi_ij[dY_Wi Y_[dj‡ÒYWi Z[ ik Wh]kc[dje$ F[he h[YehZ[cei gk[ iki _d_Y_ei \k[hed [d bei W‹ei )& o gk[ _dd[# ]WXb[c[dj[ bW i[h_[ jkle _dĂ“k[d# Y_Wi Z[ kd b_Xhe ]h|Ă’Ye o \Wdj|ij_Ye gk[ jWcX_ƒd Z_e Z[ gkƒ ^WXbWh [d ik cec[dje0 @e^d 9Whj[h ^WY[ feYWi i[cWdWi i[ [ijh[dÂŒ ik ^_i# jeh_W [d [b Y_d[ o i[ ^WXbW Z[b Ă’WiYe
c|i ]hWdZ[ Z[ [ij[ W‹e " ZedZ[ bei fbWd[jWi [njhW‹ei ied ^WX_jWZei feh i[h[i \Wdj|ij_Yei" ck`[h[i ^[h# ceiWi Yed feYW hefW" WhcWi b|i[h o [ifWZWi i_d]kbWh YecX_dWY_ÂŒd " o be \kjkh_ijW i[ c[pYbWXW Yed be c[Z_[lWb o Wdj_]ke hefWi ]h_[]Wi e hecWdWi" feh [`[cfbe $ FWhW Ă’dWb_pWh" ^Wo gk[ Z[Y_h gk[ Ăˆ<bWi^ =ehZedÉ WfWh[Y_ÂŒ fWhW ZWh bW YedjhW W 8kYa He][hi o be ik# f[hÂŒ" fk[i [i c|i \Wceie gk[ [i[ Wl_WZeh Z[b \kjkhe" f[he [b hkX_e
^ƒhe[ jWcX_ƒd i[ ^W _Ze WfW]Wd# Ze Yed bei W‹ei o [b YkbfWXb[ Z[ [ie ^W i_Ze =[eh][ BkYWi" gk_[d [d '/-- [ijh[dÂŒ ĂˆIjWh MWhiÉ o h[# b[]ÂŒ W <bWi^ W kd i[]kdZe fWf[b" fk[i oW de \k[ [i[ Ăˆi‡cXebe Z[ bW Y_[dY_W Ă’YY_ÂŒdÉ o Z[ ĂˆbW ]WbWn_W [d ][d[hWbÉ$ F[he de feh [ie be lWcei W Z[`Wh Z[ bWZe o [d [ijW eYWi_ÂŒd ^[cei gk[h_Ze Z[ijWYWh ik Wfeh# j[ W bW YkbjkhW fef Yece kde Z[ bei feYei ‡Zebei Z[b ckdZe Z[b YÂŒc_Y gk[ i[ ^W cWdj[d_Ze feh ZƒYWZWi$
Ä Ä€
7 Ĺ? ÄƒÄ Ĺ? Ĺ?Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
}
#%1#2 Ŋ Ŋ+ 2Ŋ3#+#-.5#+ 2 ^ ŊěŊ Ŋ !31(9Ŋ -4-!(¢Ŋ04#Ŋ"#-31.Ŋ"#Ŋ/.!.Ŋ1#%1#2 Ŋ Ŋ+ 2Ŋ3#+#-.5#+ 2ĔŊ"#2/4_2Ŋ"#Ŋ,;2Ŋ"#Ŋ4- Ŋ"_! " Ŋ
"#ĹŠ-.ĹŠ/1.3 %.-(9 1ĹŠ-(-%4- Ä“ĹŠ ĹŠ3 , (_-ĹŠ! -3 -3#ĹŠ5.+5#1;ĹŠ ĹŠ #+#5(2 ĹŠ/ 1 ĹŠ%1 1ĹŠ4-ĹŠ,#+."1 , ĹŠ"#+ĹŠ!4 +ĹŠ ĂŒ-ĹŠ-.ĹŠ2#ĹŠ3(#-#ĹŠ$#!' ĹŠ"#ĹŠ#231#-.Ä“ĹŠ ĹŠ
-ĹŠ/ /;ĹŠ ÄĽ!'.!'~2(,.ÄŚ ĹŠ
Ŋ#231#++ Ŋ 1(3;-(! Ŋ"#+Ŋ/./Ŋ1#5#+¢Ŋ 5~ Ŋ -3#1-#3Ŋ+ Ŋ-.3(!( Ŋ"#Ŋ24Ŋ/1¢7(, Ŋ / 3#1-(" "ēŊ
ĔŊ ŊěŊ ;b YWdjWdj[ Xh_j|# d_Ye i[h| fWZh[ feh fh_c[hW l[p [ij[ W‹e" i[]‘d WdkdY_ÂŒ ƒb c_i# ce [d kd Xbe] [d [b gk[ h[l[bÂŒ [ceY_edWZe gk[ ik [ifeiW" bW WY# jh_p [ijWZekd_Z[di[ 7oZW <_[bZ" [ij| [cXWhWpWZW$ ÆC[ ^[ ]kWhZWZe kd i[Yh[je ^WijW W^ehW0 7oZW o oe lWcei W i[h fWZh[i [ij[ W‹eÇ" [iYh_X[ [b YWdjWdj[ Z[ ). W‹ei" gk[ [nfb_# YW Yed ik ^WX_jkWb i[dj_Ze Z[b ^kceh gk[ jkl_[hed Æh[bWY_ed[i i[nkWb[i o \kdY_edÂŒĂ‡$
- ĹŠ 4#- ĹŠ-.3(!(
M_bb_Wci" [nYecfed[dj[ Z[ bW XWdZW Xh_j|d_YW JWa[ J^Wj h[l[bW gk[" YkWdZe bW fWh[`W l_e bWi [Ye# ]hW\‡Wi" bbehÂŒ" Wb]e gk[ b[i eYkhh[ YWZW l[p gk[ l[d kd X[Xƒ [d kd WdkdY_e Z[ j[b[l_i_ÂŒd$ ÆOW ^[cei [b[]_Ze bW ]kWhZ[h‡W$ 8|i_YWc[dj[" [ijeo [dWcehWZe Z[ [iW f[gk[‹W f[hiedW Yh[Y_[dZe Z[djhe Z[ cWc|" j[d]e ckY^Wi ]WdWi Z[ i[h fWf|$ ;ijeo bbehWdZe W^ehW c_iceÇ" h[bWjW [b YWdjWd#
ĹŠ
- ĹŠ!(14%~ ĹŠ#2/(1(34 +
ĹŠÄ› BW \WceiW fh[i[djWZehW Z[ j[b[l_i_ÂŒd [ijWZe#
kd_Z[di[ l_i_jŒ Wb cƒZ_kc XhWi_b[‹e @eWe Z[ :[ki" gk_[d Wj[dZ_Œ Wb [nfh[i_Z[dj[ Bk_p ?d|Y_e BkbW ZW I_blW ZkhWdj[ ik jhWjWc_[dje YedjhW kd Y|dY[h Z[ bWh_d][$
j[" gk[ Ă’hcW [ijW [djhWZW Z[ ik Xbe] Yece ÆHeX[hje" CWc| o [b Xkbj_jeÇ$ Ä Â˘,.ĹŠ!.-.!(¢Ŋ ĹŠ24ĹŠ#2/.2 Ä&#x;
;b YWdjWdj[ Xh_j|d_Ye i[ YWiŒ [d W]eije Z[ (&'& Yed 7oZW <_[bZ [d kdW Y[h[ced_W ‡dj_cW [d 9W# b_\ehd_W ;;$KK$ $ HeXX_[" gk[ h[]h[iŒ [d [iW ƒfeYW Z[ cWd[hW j[cfehWb Yed bW XWdZW Yed bW gk[ i[ ^_pe \Wceie" JWa[ J^Wj" Yede# Y_Œ W bW WYjh_p o ^kceh_ijW [ijW# Zekd_Z[di[ [d (&&," W jhWlƒi Z[ Wc_]ei Yeckd[i$ I[]‘d bW fh[diW Xh_j|d_# YW" WcXei YecfWhj[d ik W\_# Y_Œd feh [b Wl_ijWc_[dje Z[ eX`[jei lebWdj[i de _Z[dj_\_# YWZei Eld_i o i[ fWiWd i[# cWdWi Z[ WYWcfWZW [d [b Z[# i_[hje YWb_\ehd_Wde c_hWdZe [b Y_[be$ 7dj[i Z[ i[djWh YWX[pW Yed [ijW h[bWY_Œd" M_bb_Wci" gk[ ^W j[d_Ze ]hWl[i fheXb[cWi Z[ Zhe# ]WZ_YY_Œd" iWb_Œ Yed Z[Y[dWi Z[ Y^_YWi c|i e c[dei \WceiWi" [d#
Ä“ĹŠ . (#ĹŠ' ĹŠ3#-(".ĹŠ4- ĹŠ /1.5#!'.2 ĹŠ31 8#!3.1( ĹŠ!.,.ĹŠ2.+(23 Ä“
jh[ [bbWi bW YWdjWdj[ YWdWZ_[di[ Z[ 7bb IW_dji D_Yeb[ 7ffb[jed ÄWYjkWbc[dj[ YWiWZW Yed [b [n EWi_i B_Wc =WbbW]^[hÄ" bW WYjh_p [ijWZekd_Z[di[ 9Wc[hed :_Wp o bW [n If_Y[ =_hb =[h_ >Wbb_m[bb$
ĹŠ
, ( Ŋ3#23 ,#-3. ^ ŊĚŊ +Ŋ .% ".Ŋ"#+Ŋ 13(23 ĔŊ1 "(! ".Ŋ#-Ŋ .2Ŋ:-%#+#2ĔŊ !34 +(9¢ĔŊ Ŋ 24Ŋ/#3(!(¢-ĔŊ8Ŋ4- Ŋ5#9Ŋ,;2ĔŊ+ 2Ŋ!+;424+ 2Ŋ"#+Ŋ3#23 ,#-3.Ŋ"#+Ŋ"(5.ēŊ Ŋ#2Ŋ 04#Ŋ#23.2Ŋ! , (.2Ŋ2(#,/1#Ŋ.!411#-Ŋ!4 -".Ŋ2#Ŋ24, Ŋ4-Ŋ-4#5.Ŋ'#1#"#Ĺ 1.Ŋ"#+Ŋļ .+Ŋ"#Ŋ _7(!.ČĔŊ/.1Ŋ+.Ŋ04#Ŋ' Ŋ+#5 -3 ".Ŋ2.2/#!' 2ēŊ
ĹŠ :
ĹŠ,#31.2ĹŠ"#+ĹŠ +3 1
^ ŊěŊ;b Z_i[‹WZeh Z[ bW YWdjWdj[" :Wl_Z IWbecÂŒd" Z[`ÂŒ [djh[l[h gk[ bW Z_lW ]hkf[hW feZh‡W YedjhW[h cWjh_# ced_e fhÂŒn_cWc[dj[ fk[i Wi[]khW gk[ [i kdW ck`[h ikcWc[dj[ YWh_‹eiW o ÆkdW cWc| [d jeZe [b i[dj_Ze Z[ bW fWbWXhWÇ$ĹŠ ĹŠ
7 ŏăāŏ ŏ ŏ ŏĂĀāĂ
ŏ +. ŏ
āā
āĂ
7 ŏăāŏ ŏ ŏ ŏĂĀāĂ
ŏ +. ŏ
7 ŏăāŏ ŏ ŏ ŏĂĀāĂ
ŏ +. ŏ
āă
āą
7 ŏăāŏ ŏ ŏ ŏĂĀāĂ
ŏ +. ŏ
7 ŏăāŏ ŏ ŏ ŏĂĀāĂ
ŏ +. ŏ
āĆ
āć
7 ŏăāŏ ŏ ŏ ŏĂĀāĂ
ŏ +. ŏ
ĹŠ / % 1ĹŠ+ ĹŠ+49ĹŠ/.1ĹŠ4- ĹŠ'.1
.8ĹŠ2#ĹŠ++#5 1;ĹŠ ĹŠ! .ĹŠ+ ĹŠ .1 ĹŠ"#+ĹŠ + -#3 ĹŠ ĹŠ-(5#+ĹŠ,4-"( +Ä“ĹŠ -ĹŠ#23#ĹŠ !3.ĹŠ2#ĹŠ / % 1;-ĹŠ+ 2ĹŠ+4!#2ĹŠ#-ĹŠÄˆÄŠÄŽĹŠ/ ~2#2ĔŊ "#2"#ĹŠ+ 2ŊĉćĖĊćŊ' 23 ĹŠ+ 2ĹŠÄ‰ÄˆÄ–ÄŠÄ‡Ä“ĹŠ ĹŠ(-(!( 3(5 ĔŊ04#ĹŠ"#2"#ĹŠ' !#ĹŠ2#(2ĹŠ  .2ĹŠ1# +(9 ĹŠ+ ĹŠ.1% -(9 !(¢-ĹŠ ĔŊ 42! ĹŠ #-5( 1ĹŠ4-ĹŠ,#-2 )#Ä–ĹŠÄĄ+.2ĹŠ%#23.2ĹŠ2(, ¢+(!.2ĹŠ/4#"#-ĹŠ%#-#1 1ĹŠ%1 -"#2ĹŠ! , (.2ĹŠ2(ĹŠ!.-2#%4(,.2ĹŠ4-ĹŠ!.,/1.,(2.ĹŠ %+. +ĹŠ"41 -3#ĹŠ3.".ĹŠ4-ĹŠ  .Ģē
Ĺ‹* &' Ĺ‹ Ĺ‹ , Ĺ‹( -#. ,v Ĺ‹ /(Ĺ‹' ( $)Ĺ‹'6-Ĺ‹ / )
Ŋ#731 !!(¢-Ŋ(- "#!4 " Ŋ"#Ŋ+ 2Ŋ1 , 2Ŋ "#Ŋ#23 Ŋ/ +,#1 Ŋ $#!3 1~ Ŋ#+Ŋ'; (3 3Ŋ"#Ŋ +%4- 2Ŋ#2/#!(#2Ŋ#-"_,(! 2ē
+#,#-3.2ĹŠ +3#1- 3(5.2 ,.2
Ĺ—ĹŠ .3.1 Ä“ Ĺ—ĹŠ .) 2ĹŠ"#ĹŠ, ~9Ä“ Ĺ—ĹŠ 4! +(/3.Ä“
Ĺ—ĹŠ .,#1.Ä“ Ĺ—ĹŠ +.1#2Ä“
#1(!.ĹŠ! !'#3(".1 ". 1 !3#1~23(! 2
o kdW d[Y[i_ZWZ Z[ ikf[hWY_ÂŒd gk[ feYei YedeY[dÇ$ #2,(3(ă! -".
Cedj‘\Wh Wi[]khW gk[ [b fheXb[# cW WcX_[djWb i[ fheZkY[ YkWdZe bW feXbWY_ÂŒd Yec_[dpW W [nfWd# Z_hi[$ Æ9ed [b Yh[Y_c_[dje Z[ce# ]h|Ă’Ye bei Xeigk[i [iYWi[Wd [ _d_Y_W bW fh[i_ÂŒd ieXh[ [b h[Ykh# ie dWjkhWb gk[ [i bW fWbcW o gk[ ^W ][d[hWZe jWdjei Z[XWj[iÇ" ieij_[d[$ ;b [nf[hje c[dY_edW gk[ de [i bW jWbW bW gk[ j[hc_dW Yed bW fWbcW Z[ hWcei i_de bW YWZ[dW Z[ lWbeh[i$ Æ;b YWcf[i_de j_[d[ kd cWd[`e h‘ij_Ye Z[b [`[cfbWh gk[ b[ f[hc_j[ Yk_ZWh Wb _dZ_l_# Zke$ 7b de jWbWh ik jhedYe" i_de YehjWh iebe bWi hWcWi ^Wo kdW h[# ][d[hWY_ÂŒd Z[ kde W Zei W‹ei Z[ iki ^e`WiÇ" [d\Wj_pW$ BW \WbjW Z[ Yedjheb [djh[ bW Ye# c[hY_Wb_pWY_ÂŒd Z[ [ijW [if[Y_[ o be gk[ fW]Wd bei _dj[hc[Z_Wh_ei [dYWh[Y[ c|i bW l_ZW Z[ bWi \Wc_# b_Wi gk[ Yei[Y^Wd bWi hWcWi" feh be gk[ j_[d[d gk[ Wfhel[Y^Wh Wb c|n_ce [ij[ h[Ykhie" W]h[]ÂŒ [b [nf[hje Z[ bW FK9;$
.-.9! ĹŠ +ĹŠ+.1.ĹŠ.1#)( , 1(++. Ĺ—ĹŠĹŠ 4 -ĹŠ -4#+ĹŠ 11(¢-ĔŊ#7/#13.ĹŠ#-ĹŠ 5#2ĔŊ!.,#-3 ĹŠ04#ĹŠ#2ĹŠ4-ĹŠ#)#,/+ 1ĹŠ#-"_,(!.ĹŠ "#+ĹŠ241.!!("#-3#ĹŠ"#ĹŠ .+., ( ĹŠ8ĹŠ"#+ĹŠ-.1.!!("#-3#ĹŠ"#ĹŠ !4 ".1Ä“ĹŠ 2ĹŠ"#ĹŠ3 ,  .ĹŠ,#Äą "( -.ĹŠ!.-ĹŠ4- ĹŠ!.+ ĹŠ+ 1% ĹŠ8ĹŠ24ĹŠ/+4, )#ĹŠ#2ĹŠ5#1"#Äą+(,¢-ĹŠ!.-ĹŠ4- ĹŠ,#9!+ ĹŠ"#ĹŠ , 1(++.ĹŠ #-ĹŠ24ĹŠ$1#-3#ĹŠ8ĹŠ"#31;2ĹŠ"#+ĹŠ!4#++.Ä“ĹŠ -ĹŠ+.2ĹŠĂŒ+3(,.2ĹŠÄˆÄ‡ĹŠ  .2ĹŠ-.ĹŠ' ĹŠ#7(23(".ĹŠ#5("#-!( ĹŠ"#ĹŠ24ĹŠ/1#2#-!( ĹŠ#-ĹŠ#+ĹŠ/ ~2ĹŠ8ĹŠ2#ĹŠ /1#24,#ĹŠ04#ĹŠ#2ĹŠ/.104#ĹŠ2#ĹŠ#23;ĹŠ/#1"(#-".ĹŠ24ĹŠ'; (3 3Ä–ĹŠ+ ĹŠ/ +, ĹŠ"#ĹŠ!#1 Ä“ ÄĄ .-ĹŠ24ĹŠ$4#13#ĹŠ/(!.ĹŠ' !#ĹŠ'4#!.2ĹŠ#-ĹŠ#+ĹŠ31.-!.ĹŠ/ 1 ĹŠ3#-#1ĹŠ".-"#ĹŠ -(" 1ĹŠ8ĹŠ ".1,(1ĢĔŊ"(!#ĹŠ#+ĹŠ.1-(3¢+.%.ĔŊ "#,;2ĹŠ2# + ĹŠ04#ĹŠ2#ĹŠ +(,#-3 ĹŠ"#ĹŠ+.2ĹŠ$143.2ĹŠ"#ĹŠ#23 2ĹŠ /+ -3 2Ä“
-ĹŠ 4#-ĹŠ, -#).
F[i[ W gk[ bei YWcf[i_dei Z[ bWi pedWi ZedZ[ i[ i_[cXhW bW fWbcW iWX[d Yece jhWjWhbW" kd cWd[`e c|i WZ[YkWZe o [if[Y_Wb_pWZe Z_ic_dk_h‡W ik Z[iWfWh_Y_ÂŒd$ ÆGk_p| bW l[ZW e bW Yei[Y^W hejWj_lW i[Wd Zei Xk[dei [`[i fWhW [cf[pWh$ BW \ehcW Z[ Yeh# j[ i_d iWYh_\_YWh jWdjWi ^e`Wi [i ejhW cWd[hW Z[ Z_ic_dk_h [b ZW‹e Z[ bW [if[Y_[$ De ^Wo gk[ fhe^_X_hbW i_de ZWh ^[hhWc_[djWi fWhW ik Xk[d kieÇ" h[Yec_[dZW Cedj‘\Wh$ FWhW FWjh_Y_e C[dW" X_ÂŒbe]e o fh[i_Z[dj[ Z[ bW <kdZWY_ÂŒd ;Ye# Y_[dY_W" [b fheXb[cW hWZ_YWh‡W [d gk[ i_ de ^Wo kd j_[cfe fWhW bW h[][d[hWY_ÂŒd Z[ bW [if[Y_[ [ijW feZh‡W ceh_h$ Æ7b YehjWh bWi ^e`Wi `ÂŒl[d[i Z[ bW fWbcW" [ijW [cf_[pW W Z[i# cehedWhi[$ I_ de i[ ZW [b [ifWY_e WZ[YkWZe fWhW bW h[][d[hWY_ÂŒd" eXl_Wc[dj[" [ije WokZWh‡W W ik Z_ic_dkY_ÂŒdÇ" Z_`e$ Ä“ĹŠ +ĹŠ+.1.ĹŠ.1#)( , 1(++.ĹŠ 1.,/#ĹŠ!.-ĹŠ24ĹŠ/(!.ĹŠ#+ĹŠ31.-!.ĹŠ "#ĹŠ+ 2ĹŠ/ +,#1 2Ä“ĹŠ
Ä“ĹŠ ĹŠ/ +, ĹŠ"#ĹŠ!#1 ĹŠ"# #ĹŠ 3#-#1ĹŠ4-ĹŠ3(#,/.ĹŠ"#ĹŠ"#2! -2.ĹŠ/ 1 ĹŠ /."#1ĹŠ1#%#-#1 12#Ä“
ÄĽ 2ĹŠ/1#$#1( +#ĹŠ #5(3 1ÄŚ Ĺ—ĹŠĹŠ
1 ĹŠ 1.+(- ĹŠ ()¢-ĔŊ"(1#!3.1 ĹŠ "#+ĹŠ 1"~-ĹŠ .3;-(!.ĹŠ"#ĹŠ 4(3.ĔŊĥ#2ĹŠ -#!#2 1(.ĹŠ3#-#1ĹŠ/+ -3 !(.-#2ĹŠ"#ĹŠ #23 2ĹŠ#2/#!(#2Ŋĸ/ +, ĹŠ"#ĹŠ!#1 ĚŊ/ 1 ĹŠ #731 #1ĹŠ+ 2ĹŠÄƒ 1 2ĔŊ8ĹŠ,(#-31 2ĹŠ-.ĹŠ2#ĹŠ 3#-% ĹŠ#23#ĹŠ1#!412.ĹŠ#2ĹŠ/1#$#1( +#ĹŠ #5(3 1ĹŠ24ĹŠ42.Ä“ĹŠ 8ĹŠ".2ĹŠ -(, +#2ĹŠ 04#ĹŠ"#/#-"#-ĹŠ"#ĹŠ#23 ĹŠ/ +, Ä–ĹŠ+.1.ĹŠ .1#)( , 1(++.ĹŠ8ĹŠ/#1(!.ĹŠ! !'#3(".Äą 1 ".ĢĔŊ !+ 1 Ä“ĹŠ ()¢-ĹŠ %1#%¢Ŋ04#ĹŠ+ ĹŠ /. + !(¢-ĹŠ/4#"#ĹŠ2423(34(1ĹŠ24ĹŠ42.ĹŠ!.-ĹŠ .31 2ĹŠ1 , 2ĹŠ04#ĹŠ '.1 ĹŠ8 ĹŠ2.-ĹŠ,;2ĹŠ !.,#1!( +#2Ä“ĹŠÄĄ 23 2ĹŠ/#04# 2ĹŠ 5#2ĹŠ "4#1,#-ĹŠ8ĹŠ -(" -ĹŠ#-ĹŠ#23 2ĹŠ/ +, 2ĹŠ 8ĹŠ2(ĹŠ#23 2ĹŠĂŒ+3(, 2ĹŠ"#2 / 1#!#-ĔŊ+ 2ĹŠ #2/#!(#2ĹŠ3 , (_-ĹŠ+.ĹŠ' 1;-Ä“ĹŠ .1ĹŠ#23.ĹŠ #+ĹŠ,#-2 )#ĹŠ /4-3 ĹŠ ĹŠ43(+(9 1ĹŠ.31 2ĹŠ 1 , 2ĹŠ,;2ĹŠ!.,#1!( +#2ĢĔŊ %1#% Ä“
ÂĄ Ä“ĹŠ +ĹŠ/#1(!.ĹŠ! Äą !'#3(".1 ".ĹŠ2#ĹŠ4 (! ĹŠ#-ĹŠ'; (3 32ĹŠ #2/#!( +#2ĹŠ/ 1 ĹŠ -(" 1Ä“ ĹŠ 4ĹŠ3 , Â .ĹŠ/1.,#"(.ĹŠ#2ĹŠ"#ĹŠÄŠÄŽĹŠ!#-3~Äą Ĺ—,#31.2Ä“
Ĺ—ĹŠ #2 ĹŠ +1#"#".1ĹŠ"#ĹŠÄˆÄ?ćŊ%1 ,.2Ä“ ĹŠ 4ĹŠ/+4, )#ĹŠ#2ĹŠ5#1"#ĔŊ/#1.ĹŠ#-ĹŠ24ĹŠ5(#-31#ĹŠ Ĺ—/1#2#-3 ĹŠ4- ĹŠ3.- +(" "ĹŠ , 1(++#-3 ĹŠ!.-ĹŠ - 1 -) ".Ä“
ĹŠ (#-#ĹŠ4- ĹŠ, 1! ĹŠ , 11(++.Äą - 1 -) ".ĹŠ Ĺ—"#2"#ĹŠ#+ĹŠ/(!.ĹŠ' 23 ĹŠ"#31;2ĹŠ"#ĹŠ+.2ĹŠ.).2ĹŠ8ĹŠ24ĹŠ !.+ ĹŠ#2ĹŠ1.)(9 Ä“
ĹŠ (3 ĹŠ#-ĹŠ #1ĂŒÄ”ĹŠ .+., ( ĹŠ8ĹŠ !4 ".1ĔŊ ĹŠ+.ĹŠ Ĺ—+ 1%.ĹŠ"#ĹŠ+ ĹŠ!.1"(++#1 ĹŠ"#ĹŠ+.2ĹŠ -"#2Ä“ ĹŠ .,#-ĹŠ2#,(++ 2ĹŠ"#ĹŠ/( 2ĹŠ"#ĹŠ/.".! 1Äą Ĺ—/42ĔŊ2#,(++ 2ĹŠ"#ĹŠÄƒ!42ĔŊ, ~9ĹŠ8ĹŠ.31.ĹŠ3(/.ĹŠ"#ĹŠ %1 -.2Ä“
& #!
& #! & #! & #! !& $ ! " !% "
Bei Ă’[b[i YWjÂŒb_Yei WYeijkcXhWd W ZWh _d_Y_e W bW I[cWdW IWdjW Yed bW Y[b[XhWY_ÂŒd Z[b :ec_d]e Z[ HWcei" [d Ykoe WYje h[b_]_eie kj_b_pWd kd cWde`e Z[ ^_[hXWi o hWcWi Yece fWhj[ Z[b [l[dje b_# j‘h]_Ye$ :[iZ[ ^WY[ ckY^ei W‹ei i[ be ^WX‡W [bWXehWZe Yed fWbcW Z[ Y[hW 9[henobed " f[he W^ehW bW [njhWYY_ÂŒd e l[djW Z[ [ij[ [b[# c[dje [ij|d fhe^_X_Zei fehgk[ ik Z[iWfWh_Y_ÂŒd i_]d_\_YWh‡W bW [nj_dY_ÂŒd Z[b behe eh[`_WcWh_bbe E]deh^odY^ki _Yj[hej_i o Z[b f[h_Ye YWY^[j_ZehWZe B[fje# i_jjWYW XhWd_Ya__ $ I[]‘d kdW _dl[ij_]WY_ÂŒd h[Wb_pWZW feh Y_[dj‡\_Yei Z[ bW <WYkbjWZ Z[ 8_ebe]‡W Z[ bW Fed# j_Ă’Y_W Kd_l[hi_ZWZ 9WjÂŒb_YW Z[b ;YkWZeh FK9; " [b W‹e Wdj[h_eh _d]h[iWhed W bW YWf_jWb (& c_b hW# cei gk[ ][d[hWhed c[Z_e c_bbÂŒd Z[ ZÂŒbWh[i Z[ fheZkYY_ÂŒd$ FWhW Hecc[b Cedj‘\Wh" [n# f[hje Z[ bW FK9; [d ][dƒj_YW ceb[YkbWh Z[ bWi fWbcWi" ieij_[# d[ gk[ ÆWkdgk[ [i Y_[hje gk[ bW b[]_ibWY_ÂŒd fhe^‡X[ [b kie Z[ [ij[ [b[c[dje dWjkhWb fWhW bW Y[b[# XhWY_ÂŒd YWjÂŒb_YW" Z[jh|i Z[ YWZW hWce ^Wo kdW ^_ijeh_W ^kcWdW
Ä Äˆ
7 ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
ÂĄ
ÄŠĹ‹
?% D8I:<CF D<A@8 I% _d\a`X7cX_fiX%Zfd%\Z
Ä Ä‰
7,(55$
7 ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
'5$0$785*,$
0,6,9$ )$//(&(5
7$6ĂŒ1
92&$/(6 6(*8,'$6
1$9(
(;7(16,Ă?1
&20%$7(
3,(=$ &Ă”%,&$
$5*2//$
$3Ă?&23( '(
%8/72 3$&$
*5$1'(
Ă?1,&(
48ĂŒ0,&2 '( 6ĂŒ0%2/2 ,5 6(&2 (67e5,/
&20(5
92/&É1 '( ,7$/,$
,1*/e6
$&(17$5
$&75,= < 02'(/2 '( (67$'26 81,'26
,1*/e6
Ĺ—ĹŠĹŠ
,1*/e6
'( ,7$/,$
3(552
$8',2
*5$1 (;7(1 6,Ă?1 '( $5(1$ &$552 (1
$3$5$72 5$',2 /2&$/,=$'25
48( '$
,1*/e6
$&725 '( /$ 3(/ĂŒ&8/$ (/ ',6&8562 '(/ 5(< (/ 6(5 ,1',9,'8$/ 48( 7,(1( &$/
,*8$/
&
(
5
5
2
$
/
,
5
5ĂŒ2 '( $/(0$1,$
7,=$
2
5
6
'
,
$
5
$
(
7
7
$
6
/
/
&(5&$'2 &(5&$1ĂŒ$
$
48(0$
$
1
$57ĂŒ&8/2 )(0(1,12
$)(&&,Ă?1 $)(&72
7(-,'2 /,(12=2
$
0(','$ '( /21*,78'
72172 (1 5(/,*,26$
6
5
$
,
5
,
(;7(16,Ă?1 e7,&$
2
(
$
/
&
5ĂŒ2 '( $0e5,&$ '(/ 1257( 6ĂŒ0%2/2 '(
0
2
5
$
/
2
6
62/,7$5,2
5
1
2
5
$
&
&(/(%5,'$'(6 K?<F;FI DFDDJ<E (/(. $ (0'* ?@JKFI@8;FI 8C<DĂ?E%# >I8E @EM<JK@>8;FI ;< C8 :LCKLI8 P <C ;<I<:?F IFD8EF% GI<D@F EF9<C ;< C8 C@K<I8KLI8 (0')
2
2
$
-
/,&25
0
$
1
$
7(&1(&,2
3$72 6ĂŒ0%2/2 '( 02/,%'(12
*$162
/,%52 6$*5$'2 0$+20(7$12
$1725&+$
5 <8148( '(/ 3/$7(52
352120%5( 3(5621$/
(
0(0%5$1$ &,5 &8/$5 '(/ 2-2 1Ă?0,1$
/
/
6,*12 =2',$&$/ $7$5 &21
5(*,6752
5
/,$1$6
5$',2
$3/$1$5 $/,6$5
',26$
$
$5*2//$
$
6$/8'2 ,1',2
&217,(17(
$
$
(0%$5&$&,Ă?1 '(/ ',/89,2 &$17Ă?1 '( /2-$
(
, 3529,6,Ă?1 '( 9ĂŒ9(5(6
7
$
$
5 (
2
1
&
,
$
+8(62 '( /$ &$'(5$
75,81)$5
(1
&$5%212
9
/
2
'81$6 +,-2 '( 'e'$/2
$
1
2
1
$
&2521$
$
2
$/7$5
5
0$5683,$/
*
/
,
$
0
$
)5$*$1&,$
%
5
8
0$0ĂŒ)(52 580,$17(
520$126
ÄŠĹ‹
3(5621$ 5(&,e1 &$6$'$
: ĹŠ }
1#!(2 -ĹŠ,#).1ĹŠ"(23 -!( 2ĹŠ#-31#ĹŠ% + 7( 2ĹŠ
[d gk[ bW [nfWdi_Œd Z[b Kd_l[hie [cf[pŒ W WY[b[hWhi[" ^[Y^e Ykoe Z[iYkXh_c_[dje ikfkie [b DeX[b Z[ <‡i_YW [d (&''$ ;b [ijkZ_e f[hc_j[ h[cedjWhdei ^WY_W [b fWiWZe Z[b Kd_l[hie" W c|i Z[ ,$&&& c_bbed[i Z[ W‹ei$
ĸ)4-(.ŊĉĉŊĹŊ)4+(.ŊĉĉĚ 4ĹŠ2#-2( (+(" "ĹŠ2#ĹŠ !1#!(#-3 ĹŠ' !(_-".+#ĹŠ 2#-3(1ĹŠ+ ĹŠ-#!#2(" "ĹŠ"#ĹŠ 42! 1ĹŠ#+ĹŠ"#2 11.++ ĹŠ "#ĹŠ24ĹŠ/.3#-!( +ĹŠ(-3#1-.Ä“ĹŠ Ä–ĹŠ #!.-.9! ĔŊ#-ĹŠ/ĂŒ +(!.ĔŊ+ 2ĹŠ!4 +(" "#2ĹŠ"#ĹŠ 04#++.2ĹŠ!.-ĹŠ04(#-#2ĹŠ!.-5(5#Ä“ĹŠ
ĹŠĹŠ
$8675$/,$12
[nfWdZ[" i_de gk[ [iW [nfWdi_ÂŒd i[ [ij| WY[b[hWdZe" fei_Xb[c[dj[ Yece h[ikbjWZe Z[ bW WYY_ÂŒd Z[ bW bbWcWZW [d[h]‡W eiYkhW" YkoW dWjkhWb[pW i[ Z[iYedeY[$ BW YWhje]hW\‡W fheZkY_ZW f[hc_j[ l[h [b Kd_l[hie YkWdZe j[d‡W bW c_jWZ Z[ ik [ZWZ WYjkWb" Wi‡ Yece [b cec[dje [d [b gk[ Yec_[dpW W WY[b[hWhi[ ik [nfWdi_ÂŒd" i[ fh[Y_# iW [d bWi YedYbki_ed[i Z[b jhWXW`e Z[ _dl[ij_]WY_ÂŒd" fh[i[djWZe Wo[h [d 8WhY[bedW$ Bei h[ikbjWZei e\h[Y[d kdW c_hW# ZW Æi_d fh[Y[Z[dj[iÇ Wb cec[dje
(67$'2 '( 9(1(=8(/$ $/)$
$85(2/$
1$32/,7$12 +,-2 '( 'e'$/2
6ĂŒ0%2/2 '(
5
2
ĹŠEY^e ck`[h[i [ij|d i[Yk[i# Ĺ—ĹŠ jhWZWi o [d f[b_]he Z[ f[hZ[h
$)e5(6,6 '(
+2*$5
$/$%$1=$
5
Ä”ĹŠÄˆÄ‡Ä–ÄŽÄŽ
&$87,9$5
5
$
0$0É
6('8&,5
',63(56$
1(8752
$0$5 48(5(5
$
,
$3Ă?&23( '(
+,1&+$5
6ĂŒ0%2/2 '( 12%(/,2
3$57( ,1)(5,25 '(/ 7(-$'2
&2/0$5
$ /
$
2 /$'2 )/$1&2
5
: ĹŠĹŠ
/,67$
'
$
, $
+20%5( '( *5$1 6$%,'85ĂŒ$
&
$
*5,72 7$85,12
(
6
/
0$48(
7
,
2
)81(672 /,(%5( '( /$ 3$7$*21,$
$
/
/
&
&,8'$' '( &2/20%,$
5
$
$ 3
5ĂŒ2 '(/ 1( '( 6,%(5,$
1
$57ĂŒ&8/2
5
0
5 6ĂŒ0%2/2 '(
'8(f2
ĸ, 8.ĹŠÄ‰ÄˆĹŠÄąĹŠ)4-(.ĹŠÄ‰ÄˆÄš
ĹŠ1#+ !(¢-ĹŠ!.-ĹŠ242ĹŠ)#$#2ĹŠ2#1;ĹŠ,;2ĹŠ++#5 Äą "#1 ĹŠ8 ĹŠ04#ĹŠ#23.2ĹŠ2.-ĹŠ,;2ĹŠ2#-2( +#2ĹŠ8ĹŠ $#!34.2.2Ä“ĹŠ Ä–ĹŠ 1#/ 1 1ĹŠ#+ĹŠ$4341.ĹŠ 2(%-(ă! ĹŠ" 1ĹŠ$4-" ,#-3.ĹŠ +ĹŠ/1#2#-3#Ä“ĹŠĹŠ
1()$672
)2*26,'$'
&
&
1
6,12 '(67,12
$
$
$
3
6ĂŒ0%2/2 '(
'21$5
%29,'2
/
2
.,&+:$
& &21)86,Ă?1
0
6$%526$
$
(
&$5%212
&$17$17( < $&75,= $8675$/,$1$
$5*2//$
+,-2 '( 12e
/
'
(
$ 3$5$),1$
.
)$0,/,$
$
7
&
6$/9$-(
* 5
$
$
+
$
6
&
2
$&725 '( (( 88 '( /$ 3(/ĂŒ&8/$ 7+( )$&725<
8
$ 1
0,('2
^ ĹŠ
)$1*2 %$552 &
1
ĔŊ ŊěŊKd ]hkfe Z[ _dl[ij_]WZeh[i [ifW‹eb[i o [ijW# Zekd_Z[di[i ^W c[Z_Ze Yed kdW cWoeh fh[Y_i_ÂŒd bWi Z_ijWdY_Wi [n_ij[dj[i [djh[ )&&$&&& ]WbWn_Wi b[`WdWi" be gk[ WokZWh| W bei WijhÂŒdecei W Z[ZkY_h bW ^_ijeh_W Z[ bW [nfWdi_ÂŒd Z[b Kd_l[hie o ik h_jce Z[ WY[b[hWY_ÂŒd$ Kde Z[ bei Z[iYkXh_c_[djei c|i iehfh[dZ[dj[i Z[ bWi ‘bj_cWi Zei ZƒYWZWi [d Wijhedec‡W" h[YedeY_# Ze Yed [b Fh[c_e DeX[b Z[ <‡i_YW Z[ (&''" ^W i_Ze bW YedijWjWY_ÂŒd Z[ gk[ [b Kd_l[hie de iÂŒbe i[
ĸ 1(+ŊĉćŊĹŊ, 8.ŊĉćĚ 42ĹŠ/+ -#2ĹŠ ĹŠ$4341.ĹŠ2.-ĹŠ"#ĹŠ3(/.ĹŠ#2/(1(34 +Ä—ĹŠ "Ä“ĹŠ 42! 1;ĹŠ24/#1 12#ĹŠ8ĹŠ!1#!#1ĹŠ ĹŠ-(5#+ĹŠ (-3#1-.Ä“ĹŠ 2ĹŠ(-!+(- !(.-#2ĹŠ#2/(1(34 +#2ĹŠ8ĹŠ 1#+(%(.2 2ĹŠ"#ĹŠ242ĹŠ ,(%.2ĹŠ2#1;-ĹŠ, 1! " 2Ä“ĹŠ Ä–ĹŠ # ĹŠ#+ĹŠ 13~ă!#ĹŠ"#ĹŠ24ĹŠ$#+(!(" "Ä“ĹŠĹŠ ĹŠ
3$6(5,)250( '( /$6 ,6/$6 &$1$5,$6
6ROXFLyQ DQWHULRU
ĸ$# 1#1.ŊĉćŊĹŊ, 19.ŊĉćĚŊ 4Ŋ3#,/#1 ,#-3.Ŋ#2Ŋ,;2Ŋ"4+!#Ŋ8Ŋ ! 1( .2.ēŊ - Ŋ2#-2( (+(" "Ŋ#2/#!( +Ŋ8Ŋ24Ŋ 1(04#9 Ŋ(-3#1- Ŋ2#1;-Ŋ+.2Ŋ,;2Ŋ/.3#-3#2Ŋ #, #++#!#".1#2Ŋ!.-Ŋ+.2Ŋ04#Ŋ!.-3 1;ēŊ ĖŊ 4+3(5#Ŋ#+Ŋ#2/~1(34Ŋ +#%1#ē
ĹŠĹŠ
$9(
$)$1
ĹŠĹŠ
ĸ, 19.ĹŠÄ‰ÄˆĹŠÄąĹŠ 1(+ĹŠÄˆÄ’Äš "Ä“ĹŠ2#ĹŠ3.1- ĹŠ"#, 2( ".ĹŠ2#-2( +#ĹŠ8ĹŠ-#1Äą 5(.2.ĔŊ3.".ĹŠ ĹŠ24ĹŠ +1#"#".1ĹŠ/ 1#!#ĹŠ/1#.!4Äą / 1+#Ä“ĹŠ -#)#ĹŠ#23#ĹŠ#7!#2.ĹŠ"#ĹŠ2#-2( (+(" "ĹŠ #-ĹŠ /.8.ĹŠ ĹŠ+.2ĹŠ"#,;2Ä—ĹŠ/1.!41#ĹŠ1# +(9 1ĹŠ 3#1 /( 2ĹŠ -3(ĹŠ#231_2Ä“ĹŠ Ä–ĹŠ 1 )#ĹŠ !.-ĹŠ3#- !(" "ĹŠ8ĹŠ!.-ĹŠ2#1#- ĹŠ2#%41(" "Ä“
5$7$ (1
(/(9$5
ĸ#-#1.ŊĉćŊĹŊ$# 1#1.ĹŠÄˆÄ’Äš
.2ĹŠ1#!412.2ĹŠ#,.!(.- +#2ĹŠ8ĹŠ+ ĹŠ1(04#9 ĹŠ (-3#1- ĹŠ3#-"1;ĹŠ,4!'.ĹŠ,;2ĹŠ5 +.1ĹŠ/ 1 ĹŠ "Ä“ĹŠ Ä–ĹŠ +4"#ĹŠ! " ĹŠ"~ ĹŠ!.-ĹŠ./3(Äą ,(2,.ĹŠ!.-ĹŠ+ ĹŠ2#%41(" "ĹŠ"#ĹŠ04#ĹŠ#23#ĹŠ#2ĹŠ#+ĹŠ ,#).1ĹŠ"~ ĹŠ"#ĹŠ24ĹŠ5(" Ä“
ĹŠĹŠ
812 (1
,175,*$
Kd fhe]hWcW Z[ [djh[j[d_# c_[dje \Wc_b_Wh" jhWZ_Y_edWb" YWh]WZe Z[ ^kceh Yed Xhe# cWi f_YWh[iYWi gk[ h[iYWjWd [iei Yb|i_Yei gk[ dei ^Wd Z_# l[hj_Ze ZkhWdj[ [ijei )) W‹ei0 ĂˆC_bbed[WdZeÉ" Ăˆ7]WhhW be gk[ fk[ZWiÉ o Ăˆ9WdjW Yedc_]eÉ$ 7 [ije i[ ikcWd bei XW_b[i o XhecWi Z[b Ăˆ[j[hde f[hZ[ZehÉ" Febe 8Wgk[h_pe" `kdje W bWi eYkhh[dY_Wi Z[ ik XWdZW o bW X[bb[pW Z[ iki ceZ[bei$
bW l_ZW i_ [b Z[j[Yj_l[ \eh[di[ 7b[n 9heii o kdW j[ij_]e de be]hWd beYWb_pWh Wb [iYkhh_# Z_pe Wi[i_de [d i[h_[ gk[ i[ WkjedecXhW 9WiWdelW$ ;ij[ Ă’bc[ Z[ ikif[die Yk[djW Yed bWi WYjkWY_ed[i Z[ 9Who ;bm[i" 7i^b[o @kZZ" Ceh]Wd <h[[cWd o Jedo =ebZmod$
$3817$5 $%5(9,$'2
Ŋ ¥ ĔŊĉĉĖćć
35,1&(6$ ,1&$
/,0$5 5$//$5
6(f25
% ĹŠ-#%.!(.ĹŠ !.-,(%.
3(/'$f2
/21*,78' ,'($ &21&(372
&$6$ 5(6,'(1&,$
#2.2ĹŠ04#ĹŠ, 3 -
&2)5( $5&$ 0(','$ '(
$)/8(17(
ĹŠĹŠ
'(3$57$0(172 '( 3(5Ă”
129(12
38(57$ (1
Ä !(¢Ŋ4-ĹŠ"~ ĹŠ!.,.ĹŠ'.8Ä&#x;
!#/3 1ĹŠ+.2ĹŠ! , (.2ĹŠ/4#"#ĹŠ++#% 1ĹŠ ĹŠ2#1ĹŠ "($~!(+ĹŠ/ 1 ĹŠ "Ä“ĹŠ/#1.ĹŠ"# (".ĹŠ ĹŠ#2#ĹŠ#2/~1(34ĹŠ %4#11#1.ĹŠ8ĹŠ$4#13#ĹŠ3., ĹŠ+ 2ĹŠ./.134-(" "#2ĹŠ "#ĹŠ!1#!(,(#-3.ĹŠ04#ĹŠ#23.2ĹŠ 1(-" -ĹŠ' !(_-Äą ".+#ĹŠ 2~ĹŠ4- ĹŠ,#).1ĹŠ/#12.- Ä“ĹŠ
',26$ '( /$
}
2 !ĹŠ #63.ĸĈÄ?ÄŒÄ‰ÄąÄˆÄ?ĉÄ?Äš
Ĺ—ĹŠĹŠ
<‡i_Ye o cWj[c|j_Ye Xh_j|# d_Ye" YWb_Ă’YWZe Yece [b c|i ]hWdZ[ Y_[dj‡ÒYe Z[ jeZei bei j_[cfei" ck[h[ kd Z‡W Yece ^eo [d BedZh[i$ <k[ [b fh_c[he [d Z[iYh_X_h bW b[o Z[ ]hWl_jW# Y_ÂŒd kd_l[hiWb o [ijWXb[Y_ÂŒ bWi XWi[i Z[ bW c[Y|d_YW Yb|i_YW c[Z_Wdj[ bWi b[o[i gk[ bb[lWd ik decXh[$ JWcX_ƒd ^_pe _cfehjWdj[i Z[iYkXh_c_[djei ieXh[ bW dWjkhWb[pW Z[ bW bkp o bW ÂŒfj_YW" Wi‡ Yece [b Z[iWhhebbe Z[b Y|bYkbe cWj[c|j_Ye$ :[cei# jhÂŒ gk[ bWi b[o[i dWjkhWb[i gk[ ]eX_[hdWd [b cel_c_[dje [d bW J_[hhW o bWi gk[ ]eX_[hdWd [b cel_c_[dje Z[ bei Yk[hfei Y[b[ij[i ied bWi c_icWi$
ĸ)4+(.ŊĉĊŊĹŊ %.23.ŊĉĉĚŊ 4Ŋ !3(34"Ŋ -3#Ŋ+.2Ŋ! , (.2Ŋ2#1;Ŋ,;2Ŋ /.2(3(5 Ŋ8Ŋ2 1;Ŋ /1.5#!' 1Ŋ,#).1Ŋ+ 2Ŋ ./.134-(" "#2Ŋ"#Ŋ!1#!(,(#-3.Ŋ04#Ŋ+#Ŋ " -Ŋ+.2Ŋ,(2,.2ēŊ ĖŊ 4+3(5#Ŋ+ Ŋ %(,- 2( Ŋ"#Ŋ+ Ŋ +#%1~ Ŋ/ 1 Ŋ04#Ŋ +(5(#Ŋ24Ŋ !.1 9¢-ēŊ
ĹŠĹŠ
ĸ %.23.ŊĉĊŊĹŊ2#/3(#, 1#ŊĉĉĚ
ĹŠ5(" ĹŠ#-ĹŠ/ 1#) ĹŠ3(#-"#ĹŠ ĹŠ2#1ĹŠ#-1(04#!#Äą ".1 ĹŠ8ĹŠ31 -04(+ Ä“ĹŠ .2ĹŠ 24-3.2ĹŠ+#% +#2ĹŠ/#-Äą "(#-3#2ĹŠ3(#-"#-ĹŠ ĹŠ1#2.+5#12#ĹŠ"#ĹŠ, -#1 ĹŠ / !~ă! ĹŠ8ĹŠ$ 5.1 +#Ä“ĹŠ Ä–ĹŠ .,.2ĹŠ ,#).1#2ĹŠ"#ĹŠ+.ĹŠ04#ĹŠ!1##,.2ĹŠ8ĹŠ5(-(,.2ĹŠ ĹŠ #23#ĹŠ,4-".ĹŠ ĹŠ31(4-$ 1Ä“ĹŠ
ĹŠĹŠ
ĸ2#/3(#, 1#ŊĉĊŊĹŊ.!34 1#ŊĉĉĚ 4Ŋ2 +4"Ŋ2#1;Ŋ#23 +#Ŋ#Ŋ(-Ą4(1;Ŋ,4!'.Ŋ24Ŋ , -#1 Ŋ"#Ŋ/#-2 1Ŋ8Ŋ#+Ŋ/.2(3(5(2,.Ŋ04#Ŋ +#Ŋ/.-% ēŊ ĖŊ -3#Ŋ+.Ŋ(11#,#Ĺ "( +#ĔŊ+.Ŋ,;2Ŋ2#-2 3.Ŋ#2Ŋ !#/3 1+.Ŋ!.-Ŋ 2#1#-(" "ē
ĹŠĹŠ
ĸ.!34 1#ŊĉĊŊĹŊ-.5(#, 1#ĹŠÄ‰ÄˆÄšĹŠ 4ĹŠ /1#!( !(¢-ĹŠ"#+ĹŠ ,.1ĹŠ2#1;ĹŠ,4!'.ĹŠ,;2ĹŠ 24 +(,#ĹŠ8ĹŠ1.,;-3(! Ä“ĹŠ 2ĹŠ1#+ !(.-#2ĹŠ $#!Äą 3(5 2ĹŠ2#1;-ĹŠ,48ĹŠ(,/.13 -3#2ĹŠ/ 1 ĹŠ "Ä“ĹŠ Ä–ĹŠ .ĹŠ2#ĹŠ 3.1,#-3#ĹŠ/.1ĹŠ+.ĹŠ04#ĹŠ -.ĹŠ/4#"#ĹŠ1# +(9 1Ä“
ĹŠĹŠ
ĸ-.5(#, 1#ŊĉĉŊĹŊ"(!(#, 1#ĹŠÄ‰ÄˆÄšĹŠ
Ŋ2(34 !(¢-Ŋ"#-31.Ŋ"#Ŋ24Ŋ'.% 1Ŋ3(#-"#Ŋ Ŋ,#).1 1Ŋ8 Ŋ04#Ŋ1#(- 1;Ŋ+ Ŋ 1,.-~ Ŋ8Ŋ#+Ŋ "#2#.Ŋ"#Ŋ 84" 1Ŋ8Ŋ /.8 1Ŋ Ŋ04(#-#2Ŋ+#Ŋ 1."# -ēŊ ĖŊ (Ŋ2#Ŋ 43.24%#23(.- Ŋ !.-Ŋ/#12#5#1 -!( Ŋ. 3#-"1;Ŋ#+Ŋ. )#3(5.Ŋ 04#Ŋ2#Ŋ2# +#ē
ĹŠĹŠ
ĸ"(!(#, 1#ŊĉĉŊĹŊ#-#1.ĹŠÄˆÄ’Äš -ĹŠ#23#ĹŠ,.,#-3.ĹŠ2#ĹŠ+#ĹŠ$ !(+(3 ĹŠ#+ĹŠ#234"(.ĹŠ "#ĹŠ1#+(%(¢-Ä”ĹŠÄƒ+.2.$~ ĔŊ 13#ĹŠ#-ĹŠ%#-#1 +ĹŠ8 ĹŠ04#ĹŠ 24ĹŠ,#-3#ĹŠ2#1;ĹŠ,;2ĹŠ2#-2( +#Ä“ĹŠ Ä–ĹŠ (ĹŠ2.-1~#ĔŊ+ ĹŠ5(" ĹŠ+#ĹŠ2.-1#(1;Ä“
Ä ÄŠ
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
7 Ĺ?ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. Ĺ?
4 ,;ĹŠ (,/#"(".ĹŠ"#ĹŠ / 13(!(/ 1ĹŠ#-ĹŠ + ĹŠ 4#+3 ĹŠ ĹŠ 14%4 8 +ĹŠ!(!+(23 ĹŠ#!4 3.1( -.ĹŠ 81.-ĹŠ 4 ,;ĹŠ-.ĹŠ/4".ĹŠ1#/1#2#-3 1ĔŊ !.-ĹŠ#+ĹŠ#04(/.ĹŠ#!4 3.1( -.ĔŊ +ĹŠ / ~2ĹŠ#-ĹŠ+ ĹŠ 4#+3 ĹŠ ĹŠ 14%4 8ĹŠ 04#ĹŠ (-(!(¢Ŋ 8#1Ä“ĹŠ +ĹŠ "#/.13(2Äą 3 ĹŠ !+ 2(ă! ".ĹŠ ĹŠ +.2ĹŠ 4#%.2ĹŠ +~,/(!.2ĹŠ $.1, ĹŠ / 13#ĹŠ "#+ĹŠ .5(23 1ĹŠ8ĹŠ#+ĹŠ1#%+ ,#-3.ĹŠ"#ĹŠ+ ĹŠ ĹŠ(,/("#ĹŠ04#ĹŠ2(#-".ĹŠ/ 13#ĹŠ "#ĹŠ4-ĹŠ#04(/.ĹŠ!.,/(3 ĹŠ/.1ĹŠ.31.Ä“ĹŠ '.1 ĹŠ#2/#1 ĹŠ1#%1#2 1ĹŠ +ĹŠ/ ~2ĹŠ / 1 ĹŠ2#%4(1ĹŠ#-31#- -".Ä“
ÂĄ Ä“ĹŠ #/1#2#-3 -3#2ĹŠ"#ĹŠ+.2ĹŠ#04(/.2ĹŠ)4-3.ĹŠ +ĹŠ (-(231.ĹŠ .2_ĹŠ #5 ++.2Ä“ĹŠ
!' + ĹŠ 1#ĹŠ#+ĹŠ 3#+¢-ĹŠ"#+ĹŠ +.-!#23. BW B_]W ;YkWjeh_WdW Z[ 8Wbed# Y[ije" hWcW \[c[d_dW" _d_Y_Wh| [b fhÂŒn_ce '* Z[ WXh_b [d CWY^WbW Yed [b `k[]e [djh[ IWdjW CWh‡W# KI<G o bW Kd_l[hi_ZWZ J[Yde# bÂŒ]_YW ;gk_deYY_Wb$ BW _dj[di_ÂŒd [i fh_eh_pWh [b [if[Yj|Ykbe" gk[h[cei gk[ bW YWb_ZWZ Z[b jehd[e ikf[h[ be h[Wb_pWZe [b W‹e fWiWZeÇ" Z_`e [b fh[i_Z[dj[ Z[ bW 9ec_i_ÂŒd Z[ bW B_]W ;YkWjeh_WdW Z[ 8WbedY[ije 9B;8 " FWjh_Y_e Fepe$ ;b [l[dje Z[fehj_le YedjWh| Yed bW fh[i[dY_W Z[ i[_i [gk_fei gk[ i[ h[\ehpWh|d Yed Zei `k]W# ZehWi [njhWd`[hWi o kdW dWY_e# dWb_pWZW$ ;b i_ij[cW Z[b YWcf[edWje i[h| Z[ jeZei YedjhW jeZei" _ZW
.1-#.
04(/.2ĹŠ/ 13(!(/ -3#2
Ĺ—ĹŠ Ĺ—ĹŠ 5.13 Ĺ—ĹŠ 14%4 8Äą " 9 # , Ĺ—ĹŠ 1#-2# Ĺ—ĹŠ -ĹŠ ,(+.ĹŊ 4#5#". Ĺ—ĹŠ -3 ĹŠ 1~ Äą o lk[bjW" [d bW fh_c[hW \Wi[$ Bei YkWjhe c[`eh[i kX_YWZei `k]W# h|d bWi i[c_Ă’dWb[i0 fh_c[he Yed [b YkWhje o i[]kdZe Yed [b j[h# Y[he$ Bei ]WdWZeh[i Z_ifkjWh|d [b j‡jkbe dWY_edWb$ BW i[c_Ă’dWb o Ă’dWb i[ `k]Wh| Yed [b i_ij[cW Z[ ĂˆfbWo eĂľiÉ Wb c[`eh Z[ jh[i `k[# ]ei $
#Ŋ! -2¢Ŋ"#Ŋ " 1Ŋ31(4-$.2Ŋ / 1 Ŋ.31.2
+ĹŠ#2! + ".1ĹŠ (, 41#Äą  .ĹŠ!.,/(3#ĹŠ '.1 ĹŠ/ 1 ĹŠ (!'(-!' Ä“ĹŠ 4ĹŠ. )#3(5.ĹŠ #2ĹŠ#+ĹŠ 4-Äą "( +ĹŠ"# 1(2Ä“ĹŠ ?iWWY ;ijƒl[p l_ij[ Z[ Ăˆ ehe o ]hWdWÉ$ KiÂŒ [b Ăˆb_Xh[ jh|d# i_jeÉ fWhW Z[`Wh ?cXWXkhW o WĂ’b_Whi[ W bW 9edY[djhWY_ÂŒd :[fehj_lW Z[ F_Y^_dY^W ZedZ[ ÆbW ][dj[ ^W i_Ze cko WcWXb[Ç" Yece [nfb_YW [b [i# YWbWZeh" gk_[d ]WdÂŒ ehe [d bW ceZWb_ZWZ Z[ l[beY_ZWZ Z[ bW ? L|b_ZW Z[b 9Wcf[edWje DWY_edWb Z[ [ij[ Z[fehj[ gk[ i[ Ykcfb[ [d Gk_je$ ÂľI_ \k[ Z_\‡Y_b Z[`Wh ?cXW# XkhW5 ÆDe c[ W\[YjÂŒ ckY^e [b YWcX_e fehgk[ [d ?cXW# XkhW [d + W‹ei gk[ Yecf[j‡ dkdYW dei jecWhed [d Yk[d# jW W bei Z[fehj_ijWi$ FWh[Y‡W kd c[Z_e fWhW gk[ ejhWi f[hiedWi fk[ZWd WlWdpWh0 ZWdZe jh_kd\ei fWhW ejheiÇ" [nfb_YW ?iWWY" gk_[d ]WdÂŒ jh[i c[ZWbbWi ckdZ_Wb[i" jh[i fWdWc[h_YWdWi o Y_dYe YWcf[edWjei dWY_edWb[i Yed bW YWc_i[jW Z[ ?cXWXkhW$ 4ĹŠ-4#5 ĹŠ#3 /
ĹŠ ^ ĹŠ
ēŊ 23_5#9Ŋ% -¢Ŋ.1.Ŋ#-Ŋ+ Ŋ,." +(" "Ŋ"#Ŋ5#+.!(" "Ŋ"#Ŋ+ Ŋ Ŋ ;+(" Ŋ !(.Ĺ - +Ŋ"#Ŋ 2! + " ēŊ
FhÂŒn_ce W Ykcfb_h (& W‹ei" 4-! ĹŠ5.8ĹŠ ĹŠ"#) 1ĹŠ"#ĹŠ ?iWWY _d_Y_W ejhW [jWfW [d ik #2! + 1ĹŠ/.104#ĹŠ#2ĹŠ,(ĹŠ l_ZW [d bW YWf_jWb [YkWjeh_W# 5(" ĹŠ8ĹŠ3.".ĹŠ+.ĹŠ04#ĹŠ'#ĹŠ dW$ 7Z[c|i Z[ fbWd_Ă’YWh ik fWhj_Y_fWY_ÂŒd fWhW [b CkdZ_Wb +.%1 ".ĹŠ#2ĹŠ%1 !( 2ĹŠ ĹŠ#23.ĢēŊ Z[ ;iYWbWZW [d FWh_i j[dZh| gk[ fh[i[djWh Xk[dWi dejWi ĹŠ ^ Ä“ [d bW YWhh[hW Z[ :[h[Y^e gk[ [cf[pÂŒ [d bW Kd_l[hi_ZWZ Z[ Z_WbÇ" Z_Y[ ;ijƒl[p" gk_[d [if[hW bWi 7cƒh_YWi K:B7 ZedZ[ bb[]Wh W kd j_[cfe Z[ ,0+& fWhW [djhÂŒ X[YWZe feh [b C_d_ij[h_e kX_YWhi[ [djh[ bei i[_i c[`eh[i Z[b :[fehj[$ Z[b fbWd[jW$ Ik c[`eh ;b f[djWYWcf[ÂŒd ĹŠ j_[cfe o hƒYehZ W d_l[b dWY_edWb [if[hW h[# dWY_edWb [i Z[ -0',$ ?iWWY Yk[djW Yed je# Ykf[hWhi[ Z[ kdW b[i_ÂŒd [d ik ck‹[YW ĹŠ #"#1 !(¢-ĹŠ ZWi bWi \WY_b_ZWZ[i fWhW -3#1- !(.- +ĹŠ"#ĹŠ [djh[dWh [d F_Y^_dY^W" fWhW _d_Y_Wh W \edZe bW 2! + " ĹŠ fh[fWhWY_ÂŒd ^WY_W [b #/.13(5 ĹŠ 2/(1 ĹŠ 04#ĹŠ#23 ĹŠ"(2!(/+(Äą WZ[c|i Z[ j[d[h W @W_he - ĹŠ2# ĹŠ3., " ĹŠ Jeb[Ze Yece ik [djh[dW# CkdZ_Wb$ #-ĹŠ!4#-3 ĹŠ/ 1 ĹŠ ÆI_ be]he bei j_[c# +.2ĹŠ 4#%.2ĹŠ Zeh f[hiedWb$ 7 \kjkhe i[ l[ Yece fei gk[ c[ [n_][d" +~,/(!.2ĹŠ"#ĹŠ ĉćĉćē Yh[e gk[ i‡ _hƒ Wb Ckd# kd WXe]WZe Z[b C_d_ij[#
2 !ĹŠ 23_5#9 3.2ĹŠ
Ĺ—ĹŠ ., 1#Ä–ĹŠ 2 !ĹŠ +5 ".1ĹŠ 23_5#9ĹŠ ++#). Ĺ—ĹŠ Ä“ĹŠ !ĖŊĉĎŊ"#ĹŠ, 8.ĹŠ"#ĹŠÄˆÄ’Ä’Ä‰ Ĺ—ĹŠ 4% 1Ä–ĹŠ 11 ĔŊ , 41 Ĺ—ĹŠ #/.13#Ä–ĹŠ 2! + " ĹŠ #"#1 !(¢-Ä–ĹŠ .-!#-31 !(¢-ĹŠ #/.13(5 ĹŠ Ĺ—"#ĹŠ (!'(-!' Ä“ ĹŠ .%1.2Ä–ĹŠÄŽĹŠ3~34+.2ĹŠ- !(.- +#2ĔŊ31#2ĹŠ 1.-!#2ĹŠ Ĺ—#-ĹŠ 4-"( +ĹŠ8ĹŠ - ,#1(! -.2ĔŊ/+ 3 ĹŠ#-ĹŠ 4-"( +ĹŠ8ĹŠ.1.ĹŠ#-ĹŠ4-ĹŠ - ,#1(! -.ĹŠ8ĹŠ4-ĹŠ 3.1-#.ĹŠ .-3(-#-3 +Ä“ĹŠ
h_e Z[b :[fehj[" ZedZ[ b[ f[hc_# jWd Yedj_dkWh Yed ik fWi_ÂŒd0 bW [iYWbWZW Z[fehj_lW$
Ä‚Ä€
#-~3#9ĹŊ 8.5~ĔŊ"4#+.Ŋ#-Ŋ _7(!.
,_1(! Ŋ8Ŋ .-3#11#8Ŋ2#Ŋ#-$1#-3 1;-Ŋ#23#Ŋ".,(-%.Ŋ#-Ŋ _7(!.ēŊ .1Ŋ+ 2Ŋ ļ:%4(+ 2ČŊ#23 1;Ŋ '1(23( -Ŋ #-~3#9Ŋĸ$.3.ĚĔŊ,(#-31 2Ŋ04#Ŋ/.1Ŋ+.2Ŋļ 8 ".2ČŊ/ 1Ĺ 3(!(/ 1;Ŋ +3#1Ŋ 8.5~Ŋ .1.9.ē
7 ÄƒÄ Ĺ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
8.+ Ŋ8Ŋ (!#".Ŋ 2#1;-Ŋ 42#-!( Ŋ#-Ŋ 1!#+.- Ŋ ŊěŊ 8WhY[bedW ik\h_h| bW
Wki[dY_W Z[ Zei Z[ iki c[`eh[i [b[c[djei" Bk_i 9W_Y[Ze o CW# j‡Wi EoebW" fWhW [b [dYk[djhe Wdj[ [b CWdjW gk[ i[ `k]Wh| [d [b [ijWZ_e @eYWo W bWi '*0&&$ ;ije fehgk[ WcXei `k]WZeh[i fh[# i[djWd ceb[ij_Wi ckiYkbWh[i$ Bk[]e Z[ bW fh|Yj_YW gk[ h[W# b_pÂŒ Wo[h [b ĂˆĂžZebeÉ [d [b [ijWZ_e Cedkc[djWb" [b jƒYd_Ye Bk_i PkX[bZ‡W i[ ceijhÂŒ WX_[hje Wb Z_|be]e o i[ h[Ă’h_ÂŒ Wb [dYk[d# jhe Z[b c_ƒhYeb[i fWiWZe Wdj[ ;b DWY_edWb$ Æ;b eX`[j_le i_[cfh[ \k[ ]W# dWh [b fWhj_Ze0 \k_cei Yed [iW c[djWb_ZWZ o be be]hWcei$ Fh[# i[djWcei kdW _Z[W Z_ij_djW W bW Z[ ejhWi eYWi_ed[i$ ;b[c[djei Yece ;hWpe" 9Wcfei o F[hbWpW ^_Y_[hed kdW Z[ijWYWZW WYjkW# Y_ÂŒd o [ie [ij| X_[d fehgk[ [b
¥ ēŊ 4 #+"~ Ŋ,.231¢Ŋ2 3(2$ !Ĺ !(¢-Ŋ/.1Ŋ+ Ŋ4 (! !(¢-Ŋ"#Ŋ 1!#+.- Ŋ#-Ŋ + Ŋ3 + ēŊ
YWcf[edWje [i bWh]e o lWcei W d[Y[i_jWh [b Wfehj[ Z[ jeZeiÇ" Z[jWbbÂŒ$ PkX[bZ‡W [ij| Yedj[dje" f[he de i[ Yed\‡W$ Æ;b kX_YWhdei [d kd i[]kdZe bk]Wh c[ bb[dW Z[ ckY^W Wb[]h‡W de iebe feh c‡" i_de feh jeZe [b [gk_fe" f[he de feZ[cei YedĂ’Whdei o ^Wo gk[ i[]k_h jhWXW`WdZe Zkhe fWhW cWdj[d[hdei [djh[ bei fh_c[hei bk]Wh[iÇ" ieijkle$
ĹŠ%.+# " 2ĹŠ"#ĹŠ+ 2ĹŠ1#2#15 2ĹŠĹŠ
:[b Z[i[cf[‹e Z[b [gk_fe Z[ h[i[hlWi [d 8hWi_b Yec[djÂŒ$ ÆDe \k[ kd fWhj_Ze eĂ’Y_Wb" [b [gk_fe iebe Ykcfb_ÂŒ Yed fh[i[djWhi[" deiejhei [ijWcei YedY[djhWZei h[Wbc[dj[ [d be gk[ fWi[ WY| [d [b YWcf[edWjeÇ" [nfb_YÂŒ$
#- Ä—ĹŠÄĽ ĹŠ/1./4#23 ĹŠ 2#1;ĹŠĹŠ"#) 1+.ĹŠ3.".ĹŠ8ĹŠ !.-3(-4 1ĹŠ#-ĹŠ+ ĹŠ/4-3 ÄŚ ĹŠĹŠÄ› ;b lebWdj[ Z[ ;c[b[Y
Ă›d][b C[dW i[ h[Ă’h_ÂŒ Wb fWhj_Ze gk[ [b YkWZhe Ăˆ[bƒYjh_YeÉ Z_ifkjW# h| Wdj[ B_]W Z[ Be`W" [ij[ Zec_d# ]e '-0&& [d [b [ijWZ_e 9Wfm[bb$ Æ;i kd h_lWb gk[ i_[cfh[ ^WY[ kd Xk[d fWhj_Ze" j_[d[ W `k]WZe# h[i `ÂŒl[d[i Yed ^WcXh[ Z[ ]be# h_W" f[he deiejhei iWbZh[cei W f[b[Wh bei /& c_dkjei$ ;ijWcei YedY_[dj[i gk[ i[h| Z_\‡Y_b ]W# dWhb[Ç" Z_`e c_[djhWi i[ h[j_hWXW Z[ bWi fh|Yj_YWi gk[ h[Wb_pWhed Wo[h bei ĂˆWpkb[iÉ [d [b 9ecfb[`e Z[ Bei IWcWd[i$ :[b h[ikbjWZe gk[ eXjkle [b [b[dYe Ăˆc_bbedWh_eÉ Wdj[ [b :[# fehj_le Gk_je (#( " Z_`e$ Æ;ie \k[ YWkiW Z[ kdW Z[iYedY[djhWY_ÂŒd$ OW WdWb_pWcei [ie Yed [b fhe\[ o oW [i j[cW ebl_ZWZeÇ" Yec[djÂŒ$ B[ fh[eYkfW [b ^[Y^e Z[ `k# ]Wh fWhj_Ze [d \[Y^Wi i[]k_ZWi$ ÆJWcX_ƒd _dĂ“ko[ bW j[di_ÂŒd Z[ gk[ dei ^W jeYWZe `k]Wh fWhj_Zei YWZW ) Z‡Wi fh|Yj_YWc[dj[ o [ie W\[YjW Wb [gk_feÇ" ieijkle$ :[b eX`[j_le Ăˆ[bƒYjh_YeÉ _dZ_YÂŒ gk[0 Æfeh W^ehW [ijWcei YedY[d# jhWZei [d [b YWcf[edWje [YkWje# h_Wde$ Gk[h[cei Yedj_dkWh b_Z[# hWdZe [d bW fh_c[hW [jWfW" fWhW _h jhWdgk_bei W bW i[]kdZW \Wi[Ç$ C[dW i[ h[Ă’h_ÂŒ Wb jhWXW`e XW`e ÂŒhZ[d[i Z[b [ijhWj[]W CWhY[be
4% ".1
3.2ĹŠ (.%1;ă!.2
., 1#Ä–ĹŠ:-%#+ĹŠ 21 #+ĹŠ #- ĹŠ #+% ". !(¢ĖŊ -ĹŠ 4 8 04(+ĹŠÄ‰ÄˆĹŠ"#ĹŠ#-#1.ĹŠ"#ĹŠÄˆÄ’Ä‘Ä‘ .2(!(¢-Ä–ĹŠ .+ -3# +4 ĹŠ"#ĹŠ # 43Ä–ĹŠ ,#+#! <b[_jWi$ ÆJ[d[cei bW _Z[W Z[ be gk[ gk_[h[ CWhY[be [d bei [d# jh[dWc_[djei0 i_[cfh[ ^[cei ZWZe be gk[ ƒb ^W gk[h_Ze$ JeZei bei Z‡Wi lWcei W Wfh[dZ_[dZe o lWcei W i[]k_h c[`ehWdZe Yed `k]WZeh[i fWhW WYefbWhdei Wb [gk_feÇ" [nfkie$ :[b WYefb[ Wb fbWdj[Wc_[dje Z[b jƒYd_Ye W]h[]ÂŒ gk[0 ÆBW Wb_# d[WY_ÂŒd [i be Z[ c[dei0 i[W Z[ b‡# d[W Z[ jh[i e Z[ YkWjhe$ C[ i_[d# je YÂŒceZe [d WcXWi o Yh[e gk[ c_i YecfW‹[hei jWcX_ƒd" [i Z[ WYk[hZe Wb h_lWb gk[ dei jegk[Ç" [nfb_YÂŒ$ ;d YkWdje Wb Z[i[cf[‹e Z[b [gk_fe [d jehd[ei _dj[hdWY_edW# b[i Yec[djÂŒ gk[0 ÆDe ^Wo [gk_# fe f[h\[Yje o bW ][dj[ j_[d[ gk[ [dj[dZ[h [ie$ Deiejhei dei gk[# ZWcei Yed bWi YeiWi Xk[dWi gk[ ^WY[cei" Wkdgk[ i‡ WY[fjWcei bWi Yh‡j_YWi" f[he YedijhkYj_lWiÇ" Ă’dWb_pÂŒ$
ĹŠ
'.04#ĹŠ"#ĹŠ 41%#-!( 2 Â&#x; Ä“ĹŠ +ĹŠ!.,/1.,(2.ĹŠ"#ĹŠ'.8ĹŠ2#1;ĹŠ /1#3 ".Ä“
(% ĹŠ"#ĹŠ 4(3.ĹŠ1#!( #ĹŠ ĹŠ +ĹŠ !(.- +ĹŠ#23 ĹŠ-.!'#ĹŠ#-ĹŠ#+ĹŠ +~,/(!.ĹŠ 3 '4 +/ Ä“ B_]W Z[ Gk_je o ;b DWY_edWb i[ [d\h[djWd [ijW deY^[ '/0&& [d [b ;ijWZ_e Eb‡cf_Ye 7jW# ^kWbfW" [d [b ‘bj_ce fWhj_Ze Z[ bW ĂˆKÉ \k[hW Z[ 9WiW 8bWdYW$ C_[djhWi gk[ bei Ăˆc_b_jWh[iÉ i[# h|d l_i_jWdj[i f[he `k]Wh|d [d ik fWj_e$ Bei ĂˆWbXeiÉ d[Y[i_jWd ikcWh bei jh[i fkdjei" oW gk[ [d bei ‘bj_cei Zei Yej[`ei ^W f[hZ_Ze Y_dYe fkdjei [d bei Z[iYk[d# jei$ 7dj[ ik ^ecÂŒd_ce Z[ Be`W o Wdj[ [b ?dZ[f[dZ_[dj[ Z[b LW# bb[" [b c_ƒhYeb[i fWiWZe$ FWhW [ij[ Yecfhec_ie" [b :J ;Z]WhZe 8WkpW feZh| Yed# jWh Yed :_[]e 9WbZ[hÂŒd" gk_[d Ykcfb_ÂŒ bW ikif[di_ÂŒd gk[ WYWhh[WXW$ 7Z[c|i" [b [ijhWj[# ]W heiWh_de [if[hW gk[ :Wc_|d CWdie" xZ_ied CƒdZ[p o Bk_i 8ebW‹ei ikXWd ik d_l[b" fWhW gk[ bW ĂˆKÉ lk[blW W [ijWh [d be
c|i bWje Z[ bW jWXbW$ Bei Ăˆc[h[d]k[iÉ [if[hWd fe# Z[h h[l[hj_h [ij[ cWb cec[dje Yed kd jh_kd\e Wdj[ bei Ăˆfkhei Yh_ebbeiÉ" gk_[d[i l_[d[d Z[ YW[h Z[ beYWb[i Wdj[ 8WhY[bedW$ ;b DWY_edWb j_[d[ Yece ZkZW bW fh[i[dY_W Z[ ik YWf_j|d" CWhm_d F_jW" gk_[d fWZ[Y[ fheXb[cWi \‡i_Yei [d ik WZkY# jeh$ ;ijW b[i_ÂŒd l_[d[ Wgk[`Wd# Ze Wb c[Z_eYWcf_ijW o i[h‡W kdW Z[ bWi XW`Wi gk[ ik\hW bW edY[dW ĂˆC_b_jWhÉ$ Bei Z_h_]_Zei feh CWh_e :W# d_[b IWhWb[]k_ iWX[d gk[ [b fWh# j_Ze Wdj[ 8WhY[bedW de \k[ Z[ bei c[`eh[i o [ie b[i YeijÂŒ Wb[# `Whi[ Z[ bei fh_c[hei bk]Wh[i$ BW \Wb[dY_W Z[b ĂˆHe`eÉ ^W i_Ze bW Z[bWdj[hW" gk[ de ^W feZ_Ze [\[Yj_l_pWh bWi feYWi `k]WZWi Z[ ]eb gk[ Yh[W [b c[Z_eYWcfe$ @kWd Bk_i 7dWd]edÂŒ lebl[h|
#!' ĹŠÄ’
.2( +#2ĹŠ +(-# !(.-#2
Äą
ēŊ .,~-%4#9 ēŊ # 2!. ēŊ 4- ēŊ #Ŋ+ Ŋ 149 (#%.Ŋ +"#1¢ ēŊ .-# ēŊ #1 ēŊ (" +%. ^ēŊ _-"#9
Ä“ĹŠ #5 ++.2 Ä“ĹŠ (#+#1 ĹŠ "% 1".ĹŠ 49
ĹŠ
Ä“ĹŠ 1!~
ēŊ "1(" ēŊ '(+ ēŊ +!~5 1 ēŊ ¢/#9 ēŊ _+#9 ēŊ (!#". ēŊ 4#11 ēŊ (3 ^ēŊ 1#!( ".
ēŊ - -%.-¢ Ŋ 1(.Ŋ 1 +#%4(
:1 (31.Ä–ĹŠ ,4#+ĹŠ 1. 23 "(.Ä–ĹŠ +~,/(!.ĹŠ 3 '4 +/ .1 Ä–ĹŠÄˆÄ’Ä–Ä‡Ä‡ 1 -2,(3#Ä–ĹŠ #+# , 9.- 2
W YecWdZWh bW Whj_bb[h‡W ĂˆC_b_jWhÉ" ik WYecfW‹Wdj[ ^W i_Ze xZ_ied Fh[Y_WZe" i_d [cXWh]e" [d bei ‘b# j_cei fWhj_Zei [b [n 9k[dYW de ^W i_Ze [b ieY_e _Z[Wb Z[ 7dWd]e# dÂŒ" gk_[d de ^W cWhYWZe [d bWi ‘bj_cWi \[Y^Wi$
4 "1 -%4+ 1ĹŠ "#ĹŠ$ĂŒ3 .+ĹŠ (-3#1- !(.- +
: ĹŠ Ä› ;b c_ƒhYeb[i * o `k[l[i + Z[ WXh_b i[ h[Wb_pW# h| [d [b [ijWZ_e Eb‡cf_Ye Z[ JkbY|d [b YkWZhWd]kbWh Z[ \‘jXeb _dj[hdWY_edWb Ăˆ9efW Hkc_Y^WYWÉ [d bW YWj[]eh‡W ikX '-$ FWhj_Y_fWh|d [b 9bkX :[# fehj_le @Wl[h_Wde FWije#9e# becX_W " I[b[YY_ÂŒd Z[ ?f_Wb[i 9ebecX_W " 9bkX :[fehj_le LWbb[ Z[b 9^ejW ?cXWXkhW o I[b[YY_ÂŒd Z[b 9WhY^_$ ;b Ă’d [i fh[fWhWh Wb Yec# X_dWZe fhel_dY_Wb Yed c_hWi W ik fWhj_Y_fWY_ÂŒd [d bei Z_# \[h[dj[i YWcf[edWjei o @k[# ]ei DWY_edWb[i (&'($ BW Ă’dWb_ZWZ jWcX_ƒd [i YebWXehWh Yed bWi \_[ijWi WXh_b[‹Wi o h[dZ_h kd ^ec[# dW`[ W bei ',' W‹ei Z[ YWdje# d_pWY_ÂŒd Z[ JkbY|d" i[]‘d [b YeehZ_dWZeh Z[b YkWZhWd]k# bWh" HWc_he L_bbWhh[Wb$ BW YWj[]eh‡W ikX '- [i Z[ bei Z[fehj_ijWi dWY_Zei [d
:
Ä Äƒ
7 Ĺ? ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
+#-" 1(. #!' 2
(_1!.+#2ĹŠÄŒĹŠ"#ĹŠ 1(+ ĹŠÄˆÄŠÄ–ÄŠÄ‡Ä“ÄąĹŠ #+#!!(¢-ĹŠ"#ĹŠ /( +#2Äą ++#ĹŠ"#+ĹŠ Ĺ— '.3 Ĺ—ÄˆÄŽÄ–ÄŠÄ‡Ä“ÄąĹŠ 5#1( -.Äą #+#!!(¢-ĹŠ"#+ĹŠ 1!'(
4#5#2ĹŠÄŽĹŠ"#ĹŠ 1(+ Ĺ—ÄˆÄŠÄ–ÄŠÄ‡Ä“ÄąĹŠ #1"#".1#2 Ĺ—ÄˆÄŽÄ–ÄŠÄ‡Ä“ÄąĹŠ - ".1#2
bei W‹ei '//* o '//+ Yed YƒZkbW e jWh`[jW Z[ _Z[dj_ZWZ$ ;b WhX_jhW`[ [ijWh| W YWh]e Z[ bW 7ieY_WY_ÂŒd Z[ Ă›hX_jhei Z[b 9WhY^_$ BW fh[c_WY_ÂŒd i[h| kd jhe\[e fWhW [b [gk_fe YWcf[ÂŒd o kd jhe\[e fWhW [b ]eb[WZeh$ ;b lWbeh Z[ bW [djhWZW i[h| Z[ Zei ZÂŒbWh[i$ ;b YkWZhWd]kbWh [i eh]Wd_pWZe feh bW 7ieY_WY_ÂŒd Z[ <‘jXeb Yed bW Wkjeh_pWY_ÂŒd o Wfeoe [YedÂŒc_Ye Z[ bW <[Z[hW# Y_ÂŒd :[fehj_lW Z[b 9WhY^_$
Ä“ĹŠ .2ĹŠ!(!+(23 2ĹŠ! 1!'#-2#2ĹŠ31 3 1;-ĹŠ"#ĹŠ /1.5#!' 1ĹŠ+ ĹŠ!.-"(!(¢-ĹŠ"#ĹŠ+.! +#2ĹŠ/ 1 ĹŠ. 3#-#1ĹŠ#+ĹŠ, 8.1ĹŠ-ĂŒ,#1.ĹŠ"#ĹŠ,#" +Äą + 2ĹŠ#-ĹŠ#+ĹŠ ,/#.- 3.ĹŠ !(.- +ĹŠ 45#-(+Ä“
(3 ĹŠ!(!+~23(!
ĹŠ! /(3 +ĹŠ! 1!'#-2#ĹŠ2#1;ĹŠ+ ĹŠ 2#"#ĹŠ"#+ĹŠ ,/#.- 3.ĹŠ !(.- +ĹŠ
45#-(+ĹŠ"#+ĹŠÄˆĹŠ' 23 ĹŠ#+ĹŠÄ‘ĹŠ"#ĹŠ 1(+Ä“ : ĹŠÄ› JeZe [ij| b_ije fWhW [b
9Wcf[edWje DWY_edWb @kl[d_b Z[ 9_Yb_ice W Z[iWhhebbWhi[ [d JkbY|d$ >eo W bWi '.0&& i[ h[W# b_pWh| [b Yed]h[i_bbe jƒYd_Ye [d [b iWbÂŒd WkZ_jeh_e Z[ bW <[Z[hWY_ÂŒd :[fehj_lW Z[b 9WhY^_$ BWi X_Y_Yb[jWi [cf[pWh|d W he# ZWh Z[iZ[ cW‹WdW Yed bW YedjhW# hh[be` _dZ_l_ZkWb 9H? $ BW fWh# j_ZW [ijWh| kX_YWZW [d [b fk[dj[ Z[ Bei Jh[i 9^ehhei o bW bb[]WZW [d bW fWhhegk_W deheYY_Z[djWb Z[ Jkҋe$ Bei Y_Yb_ijWi lWhed[i o ZWcWi h[Yehh[h|d '-$+ a_bÂŒc[# jhei$ 7 fWhj_h Z[b bkd[i ( Z[ WXh_b [cf[pWh|d bWi Yecf[j[dY_Wi Z[ l[beY_ZWZ o i[c_\edZe [d [b l[# bÂŒZhece Ăˆ9_kZWZ Z[ JkbY|dÉ$ BWi fhk[XWi W Yehh[hi[ ied (&& c[# jhei bWdpWZei" Z[b a_bÂŒc[jhe" f[h# i[YkY_ÂŒd feh [gk_fei" l[beY_ZWZ feh [gk_fei" iYhWi^" c|Z_ied" Z[ fkdjei o ÂŒcd_kc$
;b 9Wcf[edWje DWY_edWb @k# l[d_b YedYbk_h| [b Zec_d]e . Yed bW YWhh[hW Z[ hkjW gk[ h[Yehh[h| [b Yecfb[`e Z[fehj_le Z[ bW 9ee# f[hWj_lW Z[ JWn_i ĂˆH|f_Ze DWY_e# dWbÉ" IWd L_Y[dj[" FWdWc[h_YWdW i[dj_Ze dehj[ ^WijW [b Z[il‡e W KhX_dW" KhX_dW" JWoW" 9^Wfkƒi o Yecfb[`e Z[fehj_le Z[ bW ĂˆH|f_Ze DWY_edWbÉ$ BW Z_ijWdY_W i[h| Z[ Wfhen_# cWZWc[dj[ (& a_bÂŒc[jhei$ Bei ^ecXh[i ZWh|d Y_dYe lk[bjWi o bWi ZWcWi jh[i ]_hei$ FWhW bWi Yecf[j[dY_Wi Z[ f_i# jW o hkjW [ij|d YedĂ’hcWZWi bWi fhel_dY_Wi Z[ 7pkWo" =kWoWi" IWdje :ec_d]e Z[ bei Ji|Y^_bWi" ?cXWXkhW" =Wb|fW]ei" F_Y^_d# Y^W" 9^_cXehWpe" CWdWX‡" ;b Ehe" PWcehW" FWijWpW o 9WhY^_$ @eh][ Ceigk[hW" [djh[dWZeh Z[b [gk_fe YWhY^[di[" _dZ_YÂŒ gk[ bW fh[fWhWY_ÂŒd i[ _dj[di_Ă’YÂŒ [d bWi ‘bj_cWi i[cWdWi$ Æ;b eX`[j_le
Ä“ĹŠ -ĹŠ#+ĹŠ#23 "(.ĹŠ +~,/(!.ĹŠ"#ĹŠ 4+!;-ĹŠ2#ĹŠ)4% 1;ĹŠ#+ĹŠ!4 "1 -%4+ 1ĹŠ"#ĹŠ $ĂŒ3 .+ĹŠ(-3#1- !(.- +ĹŠ24 ĹŠÄˆÄ?Ä“
04(/.ĹŠ 1!'( (!+(23 2
Ĺ—ĹŠ 18 -ĹŠ (-!' . 23(;-ĹŠ ."1~%4#9 Ĺ—ĹŠ # Ĺ—ĹŠ #5(-ĹŠ 4 2 / 9 Ĺ—ĹŠ .'--8ĹŠ + 9 1 1(!(.ĹŠ 1 / 9 Ĺ—ĹŠ Ĺ—ĹŠ .2_ĹŠ 2 -.5 Ĺ—ĹŠ , 1ĹŠ 9;Ĺ—ĹŠ 4 #1ĹŠ '(+#2Ä“ [i kX_YWhi[ [d bei jh[i fh_c[hei bk]Wh[i" Wkdgk[ bWi fhk[XWi i[# h|d _dZkZWXb[c[dj[ Z_\‡Y_b[iÇ" Z_`e [b jƒYd_Ye$ Æ>Wh[cei jeZe be fei_Xb[ fWhW Yedi[]k_h kdW c[ZWbbW" ie# Xh[ jeZe [d bW YedjhWhh[be`$ 9h[e gk[ [i[ [i [b |d_ce Z[ jeZei c_i YecfW‹[hei fWhW iWYWh Xk[dei h[ikbjWZei [d \Wleh Z[ dk[ijhW fhel_dY_WÇ Z_`e HkX[h 9^_b[i" eh_kdZe Z[ IWd =WXh_[b$ :[ifkƒi Z[b 9Wcf[edWje DW# Y_edWb" bei `kl[d_b[i fWhj_Y_fWh|d [d bW 9b|i_YW 9_Yb‡ij_YW FWdWl_Wb# =eX_[hde Ckd_Y_fWb Z[ JkbY|d gk[ i[ Yehh[h| Z[b ') Wb (' Z[ WXh_b Z[iZ[ Be`W ^WijW bW YWf_jWb YWhY^[di[$
1 -ĹŠ! +% 3
4+!;-Ä–ĹŠ .8ĹŠ2#ĹŠ1# +(9 1;ĹŠ+ ĹŠ 1 -ĹŠ +% 3 ĹŠ 4+!;-ĹŠÄ‰Ä‡ÄˆÄ‰ĹŠ/.1ĹŠ+ 2ĹŠ ! ++#2ĹŠ"#ĹŠ 4+!;-Ä“ĹŠ ĹŠ!.-!#-31 !(¢-ĹŠ2#1;ĹŠ ĹŠ+ 2ŊćđĖĊćŊ#-ĹŠ#+ĹŠ!.+(2#.ĹŠÄˆÄ’ĹŠ "#ĹŠ .5(#, 1#ĹŠ8ĹŠ+ ĹŠ++#% " ĹŠ#-ĹŠ#+ĹŠ#23 "(.ĹŠ"#ĹŠ ĹŠ -2(++ " Ä“ 04~ĹŠ"#2"#ĹŠ+ 2ĹŠÄˆÄŠÄ–Ä‡Ä‡ĹŠ2#ĹŠ1# +(9 1;ĹŠ#+ĹŠ ĹŠ .-!412.ĹŠ -3#1- !(.- +ĹŠ"#ĹŠ
9.ĹŠ8ĹŠ+ ĹŠ/1#2#-3 !(¢-ĹŠ"#ĹŠ%14/.2ĹŠ'~/(!.2Ä“  - ĹŠ ĹŠ+ 2ĹŠÄˆÄŠÄ–Ä‡Ä‡ĹŠ#-ĹŠ#+ĹŠ#23 "(.ĹŠ"#ĹŠ ĹŠ -2(++ " ĹŠ' 1;ĹŠ3.1.2ĹŠ /./4+ 1#2Ä“
Ä Ä… 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
7 Ĺ?ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
ĹŠĹŠ -3.ĹŠ+ 2ĹŠ .,Äą (++ 2ĹŠ!.,.ĹŠ+.2ĹŠ #+#,#-3.2ĹŠ"#ĹŠ+ ĹŠ !;/24+ ĹŠ"#+ĹŠ 3(#,/.ĹŠ2#1;-ĹŠ #7'( (".2ĹŠ +ĹŠ /ĂŒ +(!.ĹŠ#-ĹŠ#+ĹŠ / 104#ĹŠ #+ Ä“
ÂĄ Ä“ĹŠ .2ĹŠ-.5(.2ĹŠ2.-ĹŠ+.2ĹŠ,;2ĹŠ#-! -3 ".2ĹŠ!.-ĹŠ+ ĹŠ/#!4+( 1ĹŠ(-(!( 3(5 Ä“
- ĹŠ ." ĹŠ ĹŠ/41.ĹŠ + 9. KdW Whc[h‡W Z[ BWi L[]Wi ^W [cf[pWZe W e\h[Y[h kd i[hl_# Y_e Z[ XeZWi ‘d_Ye0 kdW Y[h[# ced_W [d c[Z_e Z[ [iYef[jWi" h_Ă“[i o XWbWpei$ 7i‡ [i$ FWhW bei \Wd|j_Yei Z[ bWi WhcWi [ij[ YW# iWc_[dje [i _Z[Wb$ ;d bk]Wh Z[ bW \WceiW cWhY^W dkfY_Wb" bW [djhWZW Z[ bW del_W [i WYecfW# ‹WZW Z[b ied_Ze Z[ [iYef[jWi Z_ifWhWdZe Wb W_h[ o bW cWZh_# dW e ZWcW Z[ ^edeh [i h[cfbW# pWZW feh kd fÂŒij[h ]_]Wdj[ Z[ kdW pecX_[$
I_]k_[dZe Yed bei Z[jWbb[i Z[ [ij[ fWhj_YkbWh i[hl_Y_e" bk[]e Z[ bW Y[h[ced_W bei _d# l_jWZei ied YedZkY_Zei W bW h[Y[fY_ÂŒd" gk[ [i kd feb‡]ede Z[ j_he ZedZ[ fk[Z[d h[Wb_pWh kdei Z_ifWhei W XbWdYei cÂŒ# l_b[i e Ă’`ei" i[]‘d bW fh[\[# h[dY_W Z[ YWZW kde$ CkY^ei ^ecXh[i ^Wd Z[YbWhWZe gk[ i[ i_[dj[d [nY_jWZei [d kiWh ik WhcW fh[\[h_ZW [d [b YWiW# c_[dje$ Ä“
ēŊ #-31.Ŋ"#Ŋ+ Ŋ!;/24+ Ŋ"#Ŋ3(#,/.Ŋ2#Ŋ#-!.-31 1.-Ŋ3 , (_-Ŋ/#1(¢"(!.2ĔŊ".!4,#-3.2Ŋ8Ŋ$.3.%1 $~ 2ē
ŋ ŋ Ýúúŋ — ŋ ŋ Y
.2ĹŠ31 ) ".1#2ĹŠ"#ĹŠ4-ĹŠ#,/1#2 ĹŠ"#ĹŠ(+4,(Äą - !(¢-ĹŠ+ ĹŠ#-3#11 1.-ĹŠ#-ĹŠÄˆÄ’ÄˆÄ‰ĹŠ/ 1 ĹŠ04#ĹŠ' 8 ĹŠ #5("#-!( ĹŠ"#ĹŠ#2 ĹŠ_/.! Ä“
+#5 ĹŠ+ ĹŠ5(" ĹŠ"#ĹŠ4-ĹŠ # _ Ä–ĹŠ Ä“
-ĹŠ'., 1#ĹŠ"#ĹŠÄŠÄˆĹŠ  .2ĹŠ/ 2 ĹŠ242ĹŠ"~ 2ĹŠ' !(_-".2#ĹŠ/ 2 1ĹŠ/.1ĹŠ4-ĹŠ-( .ĹŠ "#ĹŠ".2ĹŠ  .2ĹŠ"#ĹŠ#" "ĔŊ++#5 ĹŠ/  +#2ĹŠ8ĹŠ42 ĹŠ24ĹŠ!4- ĹŠ/ 1 ĹŠ".1,(1Ä“ĹŠ #ĹŠ 31 3 ĹŠ"#ĹŠ 3 -+#8ĹŠ '.1-3.-ĹŠ 1ēĔŊ04(#-ĹŠ"(!#ĹŠ04#ĹŠ!4 -".ĹŠ42 ĹŠ/  +ĔŊ 2(#-3#ĹŠ!.,.ĹŠ4-ĹŠ 1 9.ĹŠ"#ĹŠ24ĹŠ, ,;ĹŠ!.-23 -3#,#-3#Ä“ĹŠ #).2ĹŠ"#ĹŠ 5#1Äą %.-9 12#ĔŊ ă1, ĹŠ04#ĹŠ !34 1;ĹŠ 2~ĹŠ3.".2ĹŠ+.2ĹŠ"~ 2Ä“ĹŠÄĄ 2ĹŠ4- ĹŠ2#-2 !(¢-ĹŠ 04#ĹŠ-.ĹŠ3#-~ ĹŠ,(#-31 2ĹŠ!1#!~ ĔŊ8ĹŠ2#1ĹŠ4-ĹŠ # _ĹŠ "4+3.ĹŠ2#ĹŠ!.-5(13(¢Ŋ#-ĹŠ,(ĹŠ $.1, ĹŠ"#ĹŠ+("( 1ĹŠ!.-ĹŠ#+ĹŠ,4-".ĹŠ8ĹŠ,(2ĹŠ/1./(.2ĹŠ/1. +#, 2ĢĔŊ"#!+ 1¢ē
d i_]be c|i jWhZ[ XW`e j_[hhW" [iYed# Z_ZW `kdje W kdW Y|fikbW Z[ j_[cfe" bW l[jkijW Xec# X_bbW [dY[dZ_ÂŒ Yece i_ WYWXWhW Z[ YecfhWhi[ [d kdW j_[dZW$ BW Y|fikbW" kdW YW`W fbec_pW gk[ ]kWhZWXW ejhWi YkWjhe Xec# X_bbWi o lWh_ei ZeYkc[djei Z[ Yec_[dpei Z[b i_]be NN" \k[ [d# YedjhWZW [ijW i[cWdW Z[XW`e Z[b f_bWh Z[ kde Z[ bei [Z_Ă’Y_ei Z[b fWhgk[ D[bW" Yedi_Z[hWZe kde Z[ bei fh_c[hei fWhgk[i _dZkijh_W# b[i Z[b ckdZe$ :[ifkƒi Z[ b_cf_Wh kdW Z[ [bbWi" Z[ *& lWj_ei o Ă’bWc[djei Z[ jkd]ij[de" [b [gk_fe bW Wjeh# d_bbÂŒ [d kdW jecW Z[ bkp o" Z[ h[# f[dj[" bW Ă’dW XecX_bbW Z[ Yh_ijWb i[ [dY[dZ_ÂŒ kd i_]be Z[ifkƒi Z[ gk[ \k[hW [dj[hhWZW$
4#1.-Ŋ/1.'( (" 2 ŗŊŊ Ŋ/#2 1Ŋ"#Ŋ2#1Ŋ!.-2("#1 ".Ŋ4-.Ŋ"#Ŋ+.2Ŋ/1(-!(/ +#2Ŋ(-5#-3.2Ŋ"#+Ŋ2(%+.Ŋ ĔŊ#-Ŋ ĉććĒŊ+ Ŋ -(¢-Ŋ 41./# Ŋ!.,#-9¢Ŋ Ŋ/1.'( (1Ŋ+ Ŋ$ 1(! !(¢-Ŋ8Ŋ"(231( 4!(¢-Ŋ"#Ŋ$.!.2ē
#%ĂŒ-ĹŠ+ ĹŠ .,(2(¢-ĹŠ 41./# ĔŊ+ 2ĹŠ(-! -"#2!#-3#2ĹŠ% 23 -ĹŠ#-31#ĹŠ!4 31.ĹŠ8ĹŠ!(-!.ĹŠ 5#!#2ĹŠ,;2ĹŠ#-#1%~ ĹŠ04#ĹŠ+ 2ĹŠ"#ĹŠ-4#5 ĹŠ%#-#1 !(¢-Ä“ĹŠ 23;-ĹŠ2(#-".ĹŠ2423(34(" 2ĹŠ/.1ĹŠ ./!(.-#2ĹŠ,;2ĹŠ#ă!(#-3#2ĔŊ!.,.ĹŠ+;,/ 1 2ĹŠÄ„4.1#2!#-3#2ĹŠ!.,/ !3 2ĹŠ8ĹŠ+ 2ĹŠ 2 " 2ĹŠ #-ĹŠ3#!-.+.%~ ĹŠ ĔŊ+.ĹŠĂŒ+3(,.ĹŠ#-ĹŠ3#!-.+.%~ ĹŠ+4,~-(! Ä“
!#ĹŠ4-ĹŠ2(%+. ;b (+ Z[ cWhpe Z[ '/'( kd ]hk# fe Z[ [`[Ykj_lei o [cfb[WZei Z[ kdW [cfh[iW Z[ _bkc_dWY_ÂŒd i[ h[kd_[hed [d [b fWhgk[ D[bW fWhW [dj[hhWh kdW Y|fikbW Z[b j_[cfe$ ;d [bbW _dYbko[hed kd f[h_ÂŒZ_# Ye" \ebb[jei" f_d[i" \ejei o Wb]kdei Z[ bei eX`[jei c|i WlWdpWZei Z[ bW ƒfeYW0 bWi XecX_bbWi$ Ik eX`[# j_le [hW gk[ bWi ][d[hWY_ed[i \k# jkhWi gk[ [dYedjhWhWd bW Y|fikbW fkZ_[hWd YedeY[h [b Z[iWhhebbe j[YdebÂŒ]_Ye Z[ bW ƒfeYW$
Ăˆ;b j[ieheÉ" Yece oW be Z[i# Yh_X[d [d bW YecfW‹‡W" [ijWXW Yecfk[ije Z[ Zei b|cfWhWi Z[ jkd]ij[de Z[ *& lWj_ei gk[ i[ kj_b_pWXWd [d bW YedijhkYY_ÂŒd" kdW Z[ *& lWj_ei Z[ j|djWbe kde Z[ bei c[jWb[i c|i h[i_ij[dj[i W bW Yehhei_ÂŒd o Zei XecX_bbWi Z[ ,& lWj_ei [bWXehWZWi Yed YWhXe# de c[jWb_pWZe$ ĹŠ ĹŠ ĹŠ 1 ĹŠ+ ĹŠ2#!!(¢!41(.2.Äž+ '.1 Ä“!.,Ä“#!
Ė
ı
.! $4#1#ēũ #+ĖũĉĒĎďĎćĉĔũĉďćĐďĉĎũ 7Ėũ ĉďĈĉďďĈ 4+!;-Ėũ 4!1#ũ#-31#ũ 8 !4!'.ũ8ũ 4-~-ı #+ĖũĉĒđČĎĎĈē ũ 7ĖũĉĒđČďČď
.+~5 1ũ8ũ .! $4#13#ēũ #+ĖũĊũĉũČĉĈũĐĊć 7ĖũĊũĉũČĉĈũĐĊĈ
-3 ēũ #+ĖĎũĉĒĊĈćĒĈē %#-!( ũ -3 Ėũ 5ēũ 4 13 Ĕũ#-31#ũ! ++#ũ đũ8ũĒēũ #+$ĖũĎũĉũďĉĉĎđĈĔũĎũĉďĉČĎđĎē %#-!( ũ '.-#Ėũ ++#ũ .+~5 1ũ#-31#ũ (ı !'(-!' ũ8ũ .+¢-Ĕũ "ēũ _+#9ũĊ#1ũ (2.ēũ #+Ėũ ĎũĉďĒďũćĈĈē
11 Ėũ ++#ũ #)~ ũĊĎćũ#-31#ũ 4!1#ũ8ũ
2 2ĵă-! ĵ!.,/1 ĵ5#-3 ĵ"#ı / 13 ,#-3.2ĵ 11(#-".2ē
.,/1 ĵ5#-3 ũ"#ũ3.".ũ3(/.ũ"#ũ 5#'~!4+.2
%#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ
.,/1 ĵ5#-3 ĵ! , (.ē ũũ 4#23.2Ĕũ./.134-(" "#2ũ"#ũ 31 ).ũē
.,/1 ĵ5#-3 ũ"#ũ. )#3.2Ĕũ#+#!31.ı ".,_23(!.2Ĕũ,4# +#2Ĕũ.ă!(- ēũ#3!ē
04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ %#-!( ĉĖũ +#,#-3#ũ .-!#ũĉĈĒũ8ũ (#"1 '(3 ēũ 7ĖũĎďćĐĊČ %#-!( ĊĖũ 1#- 2ũĉĉćũ8ũĈćũ"#ũ %.23.ũ ĎŖũ (2.ũ #+ĖũĎććĉČĎĔũĎĎĎČĊćĔũĎĎĎČĊĈĔũ ĎĎĈĎĎĉē + -3 ũ "(3.1 Ėũ - ,#1(! - ũ .13#ũ ũĊēĎũ #+ĖũČĐĎĐĉĊĔũČĐĎĐĉČĔũČĐĎĐĉĎĔũ ČĐĎĐĉďĔũČĐĎĐĉđē
%#-!( ĈĖũ ++#ũ 4(3.ũ ũćĉıČĎũ#-31#ũ
+ -3 ũ "(3.1 Ėũ , 41 ũĈĎđČũ8ũĈđũ
"#ũ .5(#, 1#Ĕũ "(ă!(.ũ .5(2 ēũũ #+$ĖũĐũ ĉĎĐĐćĒĒĔũĐũĉĎđĎũđćĎē 7ĖũĐũĉĎĐđđČđ
+ -3 ũ "(3.1 Ėũ .13.5(#).ũ ,ũČĔĎũ5~ ũ ũ
7 ŏ ăāŏ ŏ ŏĂĀāĂ
ŏ +. ŏ ġ
āĆ
%#-!( ĈĖũ ~!3.1ũ 1 ,(+.ũ 231 " ũđĈũ
%#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ
Č ũ#ũ (%4#1 2ũıũ 1"#2 ũ #-31 +ē #+ĖũČũĉĊđĎĒđĈĔũČũĉĊđĎĒĐĊē
āĆ
%#-!( ĈĖũ .+~5 1ũ2ĵ-ũ8ũ .! $4#13#ũ
ũ
%#-!( ĈĖũ 4(2ũ ;104#9ũ8ũ , 9.- 2Ĕũ
#-31.ũ .,#1!( +ũ #(- "#+ũ (2-#Ĕũ ũŒĈĒũ #+ĖũũĐũĉũďćďũĐĎćē
ĸ 20ēĹũ "(ă!(.ũ (+#-(4,ēũ #+$Ėũďũĉũ ĐĉđďćĉĔũďũĉũĐĉđďććĔũďũĉũĐĉĉĉĒČē
0%!),+ (! 01. āĆŏ)%*ċ
:
ăāŏ ŏ ŏĂĀāĂ
ŏ +. ŏ
ġ
-Ì-!( 3#ũ +Ėũũũ
ĉĒđČĎĎĈũıũĉďĈĉďďĈũıũ ĉĒĉĎČĐĐ ĉĒđČĎĎĈũıũĉďĈĉďďĈũıũĉĒĉĎĒĐĊ
^^^ WS\Z]HSPH JVT HK HP
9(1'2 &$6$ ,U 0IHYYH JP\KHKLSH 3H =PJ[VYPH JHZH LZX KL WSHU[HZ KLWHYH[HTLU[VZ JVU SxTLH [LSLM}UPJH LU SH 7LKYV 4VU[ MHY ` 7HZHQL ) 0UMVYTLZ ;LSMZ ! HK HP
<e Hl`kf i\j`[\eZ`X >`iXjfc _XY`kXZ`fe\j XdfYcX[Xj jfcf \jkl[`Xek\j Z\iZX le`m\ij`[X$ [\j ')),++)-/ & '00*-(-,' nnn%i\j`[\eZ`Xle`m\ij`kXi`X$ ^`iXjfc%Zfd 8I&/-(*+&ZZ
9(1'2 '(3$57$0(172 9HQGR OLQGR GHSDUWDPHQWR VHFWRU SULYLOHJLDGR GH OD FLXGDG FHUFD GH ODV XQLYHUVLGDGHV /D 9LFWRULD /OiPHQRV DG DL
&$6$ 325 (675(1$5 (Q ORV &HLERV FDVD HVTXLQHUD IXOO HVWUDV (Q OD 4XLQWD LQFOX\H WHUUH QR GH P \ FDVD GH SLVRV (Q OD 9LFWRULD FDVD LQGHSHQGLHQWH \ HQ FRQMXQWRV (Q OD FLXGDGHOD =RLOD *DODUUDJD (Q 6DQ $QWRQLR VHFWRU ODV 0RUDV FDVD GH SODQWDV HFRQyPLFDV ,QIRUPHV ( PDLO ZLORDUW#KRWPDLO FRP DG DL
9(1'2 7(55(12 $7$&$0(6
HK HP
9(1'2 7(55(12 (1 ,%$55$ +VZ SV[LZ KL T J \ \IPJHKV LU SH 7HYYVX\PH :HU (U[VUPV ZLJ[VY 3HZ 6YX\PKLHZ H J T ULNVJPHISLZ 0UMVYTLZ! HK HP
9(1'2 %21,72 /27( (VTXLQHUR GH P WRWDOPHQWH XUEDQL]DGR HQ OD 8UEDQL]DFLyQ 6DQ -RVp HQ 4XLFKLQFKH SUHFLR 86' ,1) GK DR
9(1'2 7(55(12 35,25$72 $FFLRQHV \ GHUHFKRV GH P XELFDGR HQ OD 8UE 6iELOD 7ROD GH 3ULRUDWR 6HFWyU [ QH JRFLDEOHV ,QWHUHVDGRV DG DL
9(1'2 7(55(12 $/2%852 +HFWiUHDV FDVD DJXD SRWD EOH ULHJR KHUPRVD YLVWD 7HOp IRQR )RWRV UBHJDV#\DKRR FRP DG DL
9(1'2 &$6$
9(1'2 3523,('$'
6H YHQGH FDVD GH SLVRV HQ FLXGDGHOD 6LPyQ %ROLYDU FDOOH GH $EULO \ -RVp 1 +L GDOJR ,QIRUPHV DG DL
&RQ iUEROHV GH DJXDFDWH HQ SURGXFFLyQ KD GH PDQ]DQD HPSH]DQGR D SURGXFLU HVWDQTXH DJXD GH UHJDGtR \ FDVD GH YLYLHQ GD D XQD GH ,EDUUD ,QIRUPHV DG DL
9(1'2 &$6$6
+(50262 /27(
'0&1 1 %#/$+1 #761 +641'0 ; #4# +%#551 (.#/#06' %10 %#/+10'6# 1 %#/+Ø0T 0(14/'5 #. FJNN KKJ 1 #. NLGKNNJEET fFHJMGf
HK HP
9(1'2 %86 /PUV -. JHYYVJLYxH *LWLKH LU WLYMLJ[HZ JVUKPJPVULZ ULNVJPHISLZ 0UMVYTLZ! UVJOL
1(&(6,72 (03/($'$
FRQ R VLQ IRWR FXUR KHFKL]RV PDOD VXHUWH LPSRWHQFLD VH[XDO 2EALIZO ,)-0)!3 $%, !52! $025 EDxRV HQHUJpWLFRV OHFWXUD GH 7$527 &DPELH VX VXHUWH
$/(-( /$6 (19,',$6 12 3,(5'$ /$ )(
//$0( $+25$
6H QHFHVLWD HPSOHDGD SDUD OLPSLH]D \ SDUD FRFLQDU /OD PDU DO DG DL
//$0(0( $/ 3UHYLD FLWD
DG DL
9(1'2 5(752(;&$9$'25$ -KRQ 'HHU $xR P ,QIRUPHV PU DW
(;3(57$ (1 $0$55(6 '( $025
6$/8'
'H (V PH UDO GD %H QD YL GHV GH 9D UH OD 2IUH FH UR SD LQ IDQ WLO DMXD UHV GH EDX WL ]R 3 &R PX QLyQ YHV WL GR UHV H[ FOX VL YRV SD UD WR GD RFD VLyQ UR SD SD UD FD ED OOH URV FD PL VDV 5H[ SL MD PDV \ OD FD QDV WL OOD SD UD VX EH Ep (GL IL FLR %XU ED QR /R FDO 78/ &È1 (&8$ '25
79 6$7(/,7$/ 5V WHN\L TmZ TLUZ\HSPKHKLZ *VU \U ZVSV WHNV KPZMY\[L KL JHUHSLZ PSPTP[HKHTLU[L (KLTmZ PUZ[HSHTVZ (U[LUHZ JVU]LUJPVUHSLZ WHYH JHUHSLZ 5HJPVUHSLZ 0UZ[HSHTVZ LU J\HSX\PLY S\NHY KLS 7HxZ 0UMVYTLZ [LSM !
HK HP
¢(67É6 (0%$5$=$'$" 1R WH SUHRFXSHV OOiPDQRV DEVROXWD GLVFUHVLyQ %ULQGDPRV VHUYLFLRV SURIHVLRQDOHV
/$9$'2 '( 08(%/(6 6DOD FRPHGRU DOIRP EUDV SHJDGDV \ VXHOWDV ,QIRUPHV DG DL
$55,(1'2 (1 78/&É1
0RYL
8Q OLQGR GHSDUWDPHQWR LQGHSHQGLHQWH GH P GH FRQVWUXFFLyQ FRQ DFDED GRV GH SULPHUD FRQVWD GH VDOD FRPH GRU GRUPLWRULRV FXDUWR GH HVWXGLR FXDUWR GH PiTXLQDV JDUDMH FDEOH LQWHUQHW OtQHD WHOHIyQLFD 8ELFDGR HQ ODV FDOOHV 0DOGRQDGR \ %UDVLO VHFWRU &HSLD 0D\RUHV LQIRUPHV DO
&ODUR
PU DW
$55,(1'2 8Q GHSDUWDPHQWHR HQ ORV KXHUWRV IDPLOLDUHV GLUHFFLyQ 6HJXQGR 0RUHQR \ GH $EULO FDVD ,QIRUPHV DG DL
6( $55,(1'$ &XDUWR \ FRFLQD 'LUHF FLyQ 0DOGRQDGR ,QIRUPHV
DG DL
=F LMD; F <= GHGJLMFA<9< 3RU PRWLYR GH YLDMH YHQGR WRGDV ODV PDTXLQDULDV SDUD FDUQLFHUtD LQFOXLGR XQ FXDUWR IULR 0D\RU LQIRUPDFLyQ Z PU DW
#&fFHKMGf#+
9$ 5,( '$ '(6 0< 5,$0 &, 7$
!#
3DUD DWHQGHU HQ &DIHWHUtD HQ & & 3DVHR 0LODQR IUHQWH DO SDU TXH *HQHUDO *ULMDOYD ,QIRUPHV DG DL
'2#46#/'061 /1&'401X F &14/+614+15X 5#.#g%1/'&14X %1%+0#X $#Ö1X 6'44#<# ; )#4#,'T +4'%%+Ø0U 7#0# 6#$#.+2# MgEFF ; +%#4&1 É0%*'<T #.14 EJN &Ø.#4'5T 0(14/'5U FJNINHK f NMGMEHNJI
/( 5(*5(62 $/ 6(5 $0$'2
$0$55(6 *$5$17,=$'26
1(&(6,72 6(f25,7$
HK HP
9(1'2 92/48(7$ +LQR )) HQ SHU IHFWR HVWDGR ,QIRUPHV DG DL
(;3(572 ,17(51$&,21$/ (1 $0$55(6 '( $025
6$0$17+$
$WUDLJR HO DPRU GH WX YLGD SRU LPSRVLEOH TXH VHD QR LPSRUWD HO WLHPSR QL OD GLVWDQFLD UHJUHVR DO VHU DPDGR HQ KRUDV 7RWDOPHQWH KXPLOODGR D WXV SLHV $PDUUHV HWHUQRV FXUR KHFKL]RV \ VDODPLHQWRV +DJR OLPSLDV IORUHFLPLHQWRV OHYDQWR QHJRFLRV HPSUHVDV \ GR\ VXHUWH HQ HO DPRU
9(1'2 &+(952/(7 (J[P]V :LKHU Ha\S VJtHUV TVKLSV RT HYVZ ` SSHU[HZ U\L]VZ ØUPJV K\L|V 0UMVYTLZ!
(/ 32'(5 '( /$ 0(17(
=$0,5
1(&(6,72 '$0,7$ 0X\ %XHQD SUHVHQFLD VLQ FRP SURPLVRV DPSOLD SDUD GLIXVLyQ LGLRPiWLFD \ GH SUHIHUHQFLD &R ORPELDQD R &RVWHxD EXHQ SDJR VHPDQDO ,QI
( ; , 72
$ $
0UMVYTLZ!
9(1'2 /LQGR WHUUHQR HQ %HOODYLVWD P D OD HQWUDGD GH &KDO WXUD WRGRV ORV VHUYLFLRV Ei VLFRV ,QIRUPHV DG DL
',1(52
9(1'2 &$6$ +, 3<16 ;<4)(*6 8<0;6
(Q /D 9LFWRULD P GH FRQV WUXFFLyQ GH SLVRV ,Q IRUPHV DG DL
PU DW
9(1'2 &$6$
& $ 0
9(1'2 &$)(7(5Ì$
L^ ]b\mZg \eZl^l ]^ ]b[nch
3RU QR SRGHU DWHQGHU HQ HO &HQWUR GH ,EDUUD ,QIRUPHV D ORV WHOpIRQRV DG DL
*$1$'2 /(&+(52
9HQGR FRQJHODGRU :+,5/ 322/ HQ SHUIHFWDV FRQGL FLRQHV FDVL QXHYR ,QIRU PHV
9HJGN=;@= D9 ?J9F GHGJLMFA<9< m®\gb\h r l^ k^ZebsZg mh]Z \eZl^ ]^ ]b[nchl Zkm²lmb\hl' M^e®_hgh3 + 210 ,,/'
'( 2325781,'$'
DG DL
=LUKV NHUHKV /63 :;,04 ]HJHZ ]PLU[YLZ MPLYYVZ PU[LYLZHKVZ SSHTHY ;LStMVUV!
9(1'2 0É48,1$ 0iTXLQD GH WHMHU PDQXDO 'XELHG \ 2YHUORF HQ EXHQDV FRQGLFLRQHV ,QIRU PHV DG DL
HK HP
DG DL
9(1'2 &$6$6 18(9$6 PWV FRQVWUXFFLyQ GRUPLWRULRV iUHD VRFLDO SDWLR JDUDMH WHUUD]D 'LU -XDQD $WDEDOLSD \ *RQ]iOHV GH 6DD ,QIRUPHV 7HOI DG DL
6HFWRU $Y $WDKXDOSD &DUDQTXL /LVWR 3DUD FRQVWUXLU WRGRV ORV VHUYLFLRV EiVLFRV OLQHDV EXVHV )LQDQFLDPLHQWR GLUHFWR R ,(66 ,66)$ ,QI GK DL
9HKtFXOR &KHYUROHW &RUVD D GLHVHO DxR QH JRFLDEOHV ,QIRUPHV 7HOpIR QRV DG DL
9(1'2 7(55(12
9(1'2 $8726
&21 '(3$57$0(172
2SRUWXQLGDG YHQGR SRU YLD MH DXWRV QXHYLWRV 3DSp OHV HQ UHJOD &RQWDGR &Up GLWR ,QIRUPHV
(Q OD 8UE 1XHYR +RJDU HQ ODV FDOOHV &DUORV 9LOODFtV \ (U QHVWR 0RQJH 6 ,QI GK DL
DG DL
$55,(1'2 2),&,1$ < '(3$57$0(1726 ,QIRUPHV )RWR 3URDxR IUHQWH DO SDUTXH 3HGUR 0RQFD\R DG DL
$55,(1'2 '(3$57$0(172 'LUHFFLyQ &DOOH 8OSLDQR 3pUH] 4XLxRQHV & 6 %ROtYDU 7OpIRQR
DG DL
&5,6723+(5 52< (;3(572 (1 $0$55(6 '( $025 +DJR UHJUHVDU DO VHU DPDGR HQ KRUDV DPRURVR FDULxRVR \ WLHUQR D \ SDUD WRGD OD YLGD
&852 ,0327(1&,$ < 5(7,52 $0$17(6
/(&785$ '( &$57$6 2 7$527+
9LVtWDPH R OOiPDPH HQ HVWH PRPHQWR TXH UHDOL]R WX DPDUUH
PLJ
(Q OD FLXGDGHOD /D 9LFWyULD \ GRUPLWRULRV HQ OD FDOOH +XJR *X]PiQ /DUD FRQ )LQDQFLDPLHQ WR % ,(66 \ %DQFRV ,QIRUPHV
6( 9(1'(
325 12 32'(5 $7(1'(5 9HQGR R FDPELR SRU FDUUR XQ QHJRFLR GH ,QWHUQHW FRQ FOLHQWHOD HQ OD &LXGD GHOD ´-DUGLQHV GH 2GLODµ /D )ORULGD ,QIRUPHV DG DL
.,26 .2 ³/$ &8(1 &$ 1, 7$´ 2IUH FH UH YLV WDV SH ULy GL FRV VRU WHRV GH OR WH UtD OL EURV GH FR FL QD FDQ FLR QH URV \ OL EURV GH PR WL YD FLyQ 3DU TXH &HQ WUDO 7H Op IR QR
Ė
6L QR D\XGDV D OLPSLDU QR D\XGHV D HQVXFLDU &DPSDxD GH OLPSLH]D SRU OD &LXGDG GH 7XOFiQ
9B7I?<?97:EI B7 >EH7 ?87HH70 &, ( /+,+&( 78/&$1 27$9$/2
$0$55(6 325 $025 2 9(1*$1=$ <hg ^lm^ IH=>KHLH kbmnZe eh m^g]k§l -Ì-!( 3#ũ +Ėũũũ \hg]^gZ]h Z l^k >L<E:OH => MN :FHK
9(1'2 7(55(12 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ .,/1 ĵ5#-3 ĵ1#-3 ũ"#ũ3#11#-.2Ĕũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ ũ }
! 2 2Ĕũ"#/ 13 ,#-3.2ũ8ũ.ă!(- 2ē
Ihkjn^ eZ fnc^k jn^ ZfZl m^ ]^lik^\bZ Gh jnb^k^ aZ\^k ^e Zfhk \hgmb`h' L^ _n^ \hg hmkh ahf[k^ r Z[Zg]hg· Z mnl abchl' Ihk eZl ;N>G:L h ihk eZl F:E:L ^e ahf[k^ h fnc^k jn^ ZfZl \Z^k§ k^g]b]h Z mnl ib^l'
<HGLNEM: <HG >E ;KNCH F:RHK R I>KE: =>E KBH D][lmjY \]d LYjgl q ;a_Yjjg :fZkk^l Lbfie^l /)nl] :fZkk^l >m^kghl 0.nl] Ebfib^sZ <hkihkZe +.nl]
;Z¶h ]^ Ln^km^ ,)nl] Ebfib^sZ ]^ >fik^lZl *1)nl] Ebfib^sZ ]^ G^`h\bhl 2)nl]
%#-!( ĉĖũ +#,#-3#ũ .-!#ũĉĈĒũ8ũ
(#"1 '(3 ēũ 7ĖũĎďćĐĊČ PW HQ ,EDUUD SDUURTXLD %#-!( ĊĖũ 1#- 2ũĉĉćũ8ũĈćũ"#ũ %.23.ũ .,/1 ĵ5#-3 ũ"#ũ3.".ũ3(/.ũ"#ũ ĎŖũ (2.ũ #+ĖũĎććĉČĎĔũĎĎĎČĊćĔũĎĎĎČĊĈĔũ 5#'~!4+.2 6DQ )UDQFLVFR ]RQD OD &DPSLxD ĎĎĈĎĎĉē VHFWRU HVFXHOD *XLOOHUPLQD *DUFtD 2UWL] + -3 ũ "(3.1 Ėũ - ,#1(! - ũ .13#ũ ũĊēĎũ #+ĖũČĐĎĐĉĊĔũČĐĎĐĉČĔũČĐĎĐĉĎĔũ 4#23.2Ĕũ./.134-(" "#2ũ"#ũ ČĐĎĐĉďĔũČĐĎĐĉđē
31 ).ē
ı
#15(!(.2ũ!412.2Ĕũ!.-2314!!(¢-Ĕũ !.-24+3.1~ ē
%#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ $5 FF 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ %#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ
.,26.2
.,/1 ĵ5#-3 ũ"#ũ. )#3.2Ĕũ#+#!ı
´ /D &XHQFDQLWDµ
ĉĎĎĈıĎĎĉ
y=>L>LI>K:=H
%#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ
2)5(&( 1($ 2
6H 9HQGH
%#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ
%#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ 04#" -.ũ #+ĖũĎćĊĉďďĔũ
%#-!( ĉĖũ +#,#-3#ũ .-!#ũĉĈĒũ8ũ
&DVD GH SODQWDV XELFDGD HQ HO VHFWRU FLXGDGHOD /DJXQD 1R FRQVWD (#"1 '(3 ēũ 7ĖũĎďćĐĊČ
SODQWD EDMD VDOD FRPHGRU FRFLQD FXDUWR GH HVWXGLR + -3 ũ "(3.1 Ėũ - ,#1(! - ũ .13#ũ %#-!( ĉĖũ +#,#-3#ũ .-!#ũĉĈĒũ8ũ ũĊēĎũ #+ĖũČĐĎĐĉĊĔũČĐĎĐĉČĔũČĐĎĐĉĎĔũ VDOD GH HVWDU \ EDxR (#"1 '(3 ēũ 7ĖũĎďćĐĊČ ČĐĎĐĉďĔũČĐĎĐĉđē %#-!( ĊĖũ 1#- 2ũĉĉćũ8ũĈćũ"#ũ %.23.ũ 3ODQWD $OWD 'RUPLWRULR 0DVWHU GRUPLWRULRV EDxR ĎŖũ (2.ũ #+ĖũĎććĉČĎĔũĎĎĎČĊćē
FXDUWR GH SODQFKDGR WHUUD]D JDUDMH SDUD YHKtFXORV %#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ ÈUHD GH FRQVWUXFFLyQ P ÈUHD GHO 7HUUHQR P 04#" -.ũ #+ĖũĎćĊĉďďĔũ ,QIRUPHV %#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ PU DW ĉĉĉČćďũ 7ĖũĉĉđĒĈđ
ũ
%#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ
+ 2($(! ".2ũ,(-Ì2!4+ 2ũĸĈĎũ/ + 1 2ĹũũũũŌĊēćć 1.2ũ"#ũ 1 2ĹũũũŌĊēĎć #5(23 2Ĕũ/#1(¢"(!.2Ĕũ2.13#.2ũ"#ũ+.3#1~ Ĕũ+( + 2($(! ".2ũ, 8Ì2!4+ 2ũĸĈĎũ/ + 1.2ũ"#ũ,.3(5 !(¢-ēũ !.!(- Ĕũ! -!(.-#1.2ũ8ũ+( ( /.ũ.ũ!+ 2($.3.ũĸ, 8Ì2!4+ ĹũũũŌČēĎć + 1 ũ "(!(.- +ũũũŌĉēćć 104#ũ #-31 +ēũ #+_$.-.ĖũĉũĒđĈũćĊĒ % ũ".2ũ"~ 2ũ8ũ/4 +~! 3#ũ%1 3(2ũ#-ũ666ē+ '.1 ē!.,
%#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ 04#" -.ũ #+ĖũĎćĊĉďďĔũ
%#-!( ĈĖũ #(- ũ (!3.1( ũđĉĊũ8ũ 1 +ēũ 04#" -.ũ #+ĖũĎćĊĉďďĔũĉĉĉČćĎĔũ ĉĉĉČćďũ 7ĖũĉĉđĒĈđ 04#" -.ũ #+Ėũ ĎćĊĉďďē
.1 1(.
#ũ+4-#2ũ ũ5(#1-#2ũ"#ũđĖććũ ũ ũĊĖććũ
.-3 !3.
#+ĖũĉĎĎĈıĎĎĉũ 7ĖũĉĎĎĉıĈĊĎĔũ.ũ, 1! ũ ũ!4 +04(#1
3$5$ /$6 &,8'$'(6 '( ,%$55$ 27$9$/2 &$<$0%( 78/&É1
$EVROXWD 5HVHUYD PU FF
AF>GJE=K2 (-11/.1+( AE:9:MJ9% ;9J;@A
,ŽŵďƌĞƐ͕ ĂĐŚŝůůĞƌĞƐ͕ ďƵĞŶĂ ƉƌĞĐĞŶĐŝĂ͕ ƐŽůƚĞƌŽƐ͕ ĚŝƐƉŽŶŝďŝůŝĚĂĚ ĚĞ ƟĞŵƉŽ
!(- %(,- & %2( 0 ' (-!(%'%!(-) ! 1 * + .( )(-+)& !3 %!(-! ! ,., !'*&! ), (# &!/ ),,) ,*%(), !&",
:[ efehjkd_ZWZ
VH YHQGH FRPSXWDGRUHV GH
>e ]²Z eng^l + ]^ Z[kbe ]^ 2a)) Z **a)) Zf
2UDFLyQ 0LODJURVD <hg _²h ^g M²% fb =bhl% IZ ]k^% Ab ch r >l i² kb mn LZg mh' Fb ¼gb \h LZe oZ ]hk% \hg mh ]Zl fbl _n^k sZl e^l ib ]h jn^ f^ \hg \^ ]Zg eZ `kZ \bZ jn^ mZg mh ]^ l^h' !Ib ]Z mk^l ]^ l^hl ngh ]^ g^ `h \bhl r ]hl bf ih lb [e^l"' K^ \^ gn^ o^ o^ \^l Ze :o^ fZ k²Z ]n kZg m^ 2 ]²Zl% Ze gh o^ gh ]²Z in [eb jn^ ^l m^ Zgng \bh r l^ \nf ieb k§ Zng jn^ gh eh \k^Z% h[ l^k o^ eh jn^ h\n kkb k§ Ze \nZk mh ]²Z ]^ ln in [eb \Z \b·g' =hr `kZ \bZl ihk ^e _Z ohk k^ \b [b ]h' MN => OH MH F'>'A' :B(+-2)+
NAKAL= FM=KLJ9 H9?AF9 O=: Iki YbWi_\_YWZei [d
mmm$bW^ehW$Yec$[Y
;LQH KL -mIYPJH T 05* 0=( (] 4HYPHUV (JVZ[H 1\U[V H (\[VZ :RVKH ;LStMVUVZ!
NECESITO PERSONAL PARA FRABRICAR ADOQUINES KO HP
2 1
%%" %&"!( "',*" *#+,3 % (%3' / - ' !" "% + ( !( )#+( #'# # ' $-"."+ !" & *0( KO HP
9B7I?<?97:EI Z[ :?7H?E B7 >EH7
ln f^chk Zem^kgZmboZ iZkZ \hfikZk r o^g]^k
$57(6 /8&$6
9(1'2 7(-$
$ %
'( -8$1,7$ /8&$6 /H RIUHFH WUDEDMRV HQ IRPLV FRPR DGRU QRV UHFXHUGRV FDUWHOHV PDWHULDO GLGiFWL FR \ FXUVRV %ROtYDU HQWUH SLFKLQFKD \ 5RFDIXHUWH
āĈ
7 ăāŏ ŏ ŏĂĀāĂ
ŏ +. ŏ ġ
5(3Ô%/,&$ '(/ (&8$'25 (;75$&72 '( &,7$&,Ð1 -8',&,$/ 1R -8=*$'2 $'-8172 '( /$ 1,f(= < $'2/(6&(1&,$ $&725 &+$/$&$1 48( /$/ &/$5$ (/,6$ '(0$1'$'2 'É9,/$ (6 75$'$ $/2162 (/2< &$86$ 'HPDQGD GH 3HQVLyQ $OLPHQWLFLD $/ '(0$1'$'2 6(f25 'É9,/$ (675$'$ $/2162 (/2< 6( /( +$&( 6$%(5 48( (1 (67( -8=*$'2 6( (67$ 75$0,7$1'2 /$ '(0$1'$ '( 3(16,Ð1 $/,0(17,&,$ 1R 48( 6,*8( /$ 65$ &+$ /$&$1 48(/$/ &/$5$ (/, 6$ &8<$ 3529,'(1&,$ 6( 75$16&5,%( -8=*$'2 $'-8172 '( /$ 1,f(= < $'2/(6&(1&,$ '(/ &$17Ð1 78/&É1 7XO FiQ YLHQHV QXHYH GH PDU]R GHO GRV PLO GRFH ODV K 3UHYLDPHQWH D FDOLILFDU OD GH PDQGD GH 3(16,Ð1 $/,0(1 7,&,$ TXH DQWHFHGH SUHVHQWD GR SRU HO VHxRUD &/$5$ (/,6$ &+$/$&$1 48(/$/ HQ FRQ WUD GHO VHxRU $/2162 (/2< 'É9,/$ (675$'$ TXH KDFH UHODFLyQ DO -XLFLR GH $OLPHQWRV 1R OD UHFXUUHQWH FRPSDUH]FD D HVWD -XGLFDWXUD \ EDMR MXUDPHQWR GHFODUH OD LQGLYLGXDOLGDG \ HO GRPLFLOLR R UHVLGHQFLD GHO GHPDQGDGR D ILQ GH TXH VXUWDQ ORV HIHFWRV OHJDOHV 7yPHVH QRWD HO &D VLOOHUR -XGLFLDO 1R SHU WHQHFLHQWH DO $EJ $QGUpV 1D ]DWH VHxDODGR SRU HO DFWRU 3RU FXDQWR OD 6HFUHWDULD WLWXODU GH HVWH -X]JDGR KD UHQXQFLDGR DFW~H HO 'U %\URQ 6RULD FRPR 6HFUHWDULR $G +RF GHQWUR GH HVWD FDXVD 127,)Ì48(6( -8=*$'2 $'-8172 '( /$ 1,f(= < $'2/(6&(1&,$ '(/ &$17Ð1 78/&É1 7XO FiQ OXQHV GLHFLQXHYH GH PDU ]R GHO GRV PLO GRFH ODV K 9,6726 $YRFR FRQRFLPLHQWR
OD SUHVHQWH FDXVD GH SHQVLyQ DOLPHQWLFLD HQ PL FDOLGDG GH -XH] $GMXQWR SRU HQFRQWUDUVH YLJHQWH HO &yGLJR GH OD 1LxH] \ $GROHVFHQFLD (Q OR SULQFL SDO XQD YH] TXH VH KD GDGR FXPSOLPLHQWR D OD SURYLGHQFLD GHO GH 0DU]R GHO D ODV K OD GHPDQGD SUHVHQWDGD SRU OD VHxRUD &/$5$ (/,6$ &+$/$&$1 48(/$/ HQ FRQ WUD GHO 6HxRU $/2162 (/2< 'É9,/$ (675$'$ VH OD FDOLIL FD GH FODUD FRPSOHWD \ UH~QH ORV UHTXLVLWRV GH OH\ SRU OR TXH VH OD DFHSWD DO WUiPLWH &RQWHQ FLRVR $GPLQLVWUDWLYR *HQHUDO HVWDEOHFLGR HQ HO &yGLJR GH OD 1LxH] \ $GROHVFHQFLD VH WRPD HQ FXHQWD DO $E $QGUpV 1D]DWH FRQ &DVLOOHUR -XGLFLDO 1R SDUD TXH UHSUHVHQWH DO UHFODPDQWH HQ OD SUHVHQWH FDXVD 6H ILMD FRPR 3(16,Ð1 3529,6,21$/ DOLPHQWLFLD D IDYRU GH OD DOLPHQWDULD -2&( /<1 (/,=$%(7+ &+$/$&$1 48(/$/ QDFLGD HO GH 6HSWLHPEUH GHO OD VXPD GH 2&+(17$ < &8$752 'Ð /$5(6 '( /26 (67$'26 81,'26 '( $0(5,&$ SDUD OD PHQRU DQWHV LQGLFDGD SRU 12 KDEHU MXVWLILFDGR OD FRQGLFLyQ HFRQyPLFD GHO DOLPHQWDQWH TXLHQ GHEHUi SDJDU GHVGH OD SUHVHQWDFLyQ FRQ OD GHPDQGD GH FRQIRUPLGDG FRQ OR HVWDEOH FLGR HQ ORV $UWV ,QQXPHUDGRV \ GH OD /H\ UHIRUPDWRULD DO 7tWXOR 9 /LEUR ,, GHO &yGLJR GH OD 1LxH] \ $GROHVFHQFLD GXUDQWH ORV FLQFR SULPHUR GtDV GH FDGD PHV GH FRQIRUPLGDG FRQ OD WDEOD GH SHQVLRQHV DOL PHQWLFLDV PtQLPDV TXH VH HQ FXHQWUDQ ILMDGDV SRU HO &RQVHMR 1DFLRQDO GH OD 1LxH] \ $GROHV FHQFLD &tWHVH DO GHPDQGDGR VHxRU $/2162 (/2< 'É9,/$ (675$'$ PHGLDQWH WUHV SX EOLFDFLRQHV TXH VH UHDOL]DUiQ FDGD XQD GH HOODV HQ IHFKDV GLVWLQWDV HQ XQ SHULyGLFR GH DPSOLD FLUFXODFLyQ GHO OXJDU \ FRPR DVt OR GHWHUPLQD HO $UW GHO &yGLJR GH 3URFHGLPLHQ WR &LYLO \ HO $UW ,QQXPHUDGR GH OD /H\ 5HIRUPDWRULD DO &yGL JR GH OD 1LxH] \ $GROHVFHQFLD &LWDGR TXH VHD HO GHPDQGDGR HQ OHJDO IRUPD VH FRQYRFDUi D ODV SDUWHV D OD DXGLHQFLD ~QLFD GH FRQIRUPLGDG FRQ OR HVWDEOH
FLGR HQ HO $UW ,QQXPHUDGR ,ELGHP D ILQ GH TXH FRQWHVWH HQ HO WpUPLQR OHJDO FRUUHVSRQ GLHQWH \ GH FRQIRUPLGDG FRQ ORV $UWV GHO &yGLJR GH 3URFHGLPLHQWR &LYLO VHxDOH GRPLFLOLR MXGLFLDO SDUD UHFLELU VXV SRVWHULRUHV QRWLILFDFLRQHV DQXQFLDQGR VXV PHGLRV SURED WRULRV UHVSHFWLYRV FRQIRUPH OR GHWHUPLQD HO $UW ,QQXPHUDGR GH OD /H\ UHIRUPDWRULD SUH YLQLpQGROH TXH HQ FDVR GH QR FRQWHVWDU QL VHxDODU GRPLFLOLR SDUD VXV QRWLILFDFLRQHV VH VH JXLUi FRQ OD SUHVHQWH FDXVD HQ VX UHEHOGtD /D SUXHED SHULFLDO GH $'1 VH UHDOL]DUi FRQIRUPH OR HVWDEOHFH HO $UW ,QQXPHUDGR LQFLVR GHO &yGLJR GH OD PDWHULD 7pQJDVH HQ FXHQWD OD SUXHED DQXQFLDGD SRU OD SDUWH DFWRUD \ HO GRPLFLOLR VH xDODGR SDUD VXV SRVWHULRUHV QRWLILFDFLRQHV DJUpJXHVH OD GRFXPHQWDFLyQ DGMXQWD D OD GHPDQGD 127,)Ì48(6( '5 %<521 -$9,(5 625,$ /$1'$=85, 6(&5(7$5,2 $' +2& '(/ -8=*$'2 $'-8172 '( /$ 1,f(= < $'2/(6&(1&,$ '(/ &$1 7Ð1 78/&É1 PU DW 5(3Ô%/,&$ '(/ (&8$'25 (;75$&72 '( &,7$&,Ð1 -8',&,$/ 1R -8=*$'2 '( /$ 1,f(= < $'2/(6&(1&,$ $&725 '25$ 1,(9(6 1$6 087$ $1'5$'( '(0$1'$'2 &e6$5 3$ 75,&,2 38(7$7( &8$7,1 &$86$ $/,0(1726 $/ '(0$1'$'2 6(f25 &e6$5 3$75,&,2 38(7$7( &8$7,1 6( /( +$&( 6$%(5 48( (1 (67( -8=*$'2 6( (67$ 75$0,7$1'2 /$ '(0$1'$ '( $/,0(1726 1R 48( 6,*8( /$ 65$ '25$ 1,(9(6 1$608 7$ $1'5$'( (1 ,1&,'(17( '( $80(172 '( 3(16,Ð1 '( $/,0(1726 < &8<$ 3529,'(1&,$ 6( 75$16 &5,%( -8=*$'2 '( /$ 1,f(= < $'2/(6&(1&,$ '(/ &$5&+, 7XOFiQ PDUWHV GH GLFLHPEUH GHO ODV K 9,6,726 $YRFR FR QRFLPLHQWR OD SUHVHQWH FDXVD GH LQFLGHQWH GH DXPHQWR GH SHQVLyQ DOLPHQWLFLD HQ PL FD OLGDG GH -XH] SRU HQFRQWUDUVH
*XD\OODEDPED 0DU]R GHO
&2192&$725,$ 6( &2192&$ &21 &$5É&7(5 '( 85*(17( < 2%/,*$725,2 $ /26 6(f25(6 $&&,21,67$6 '( /$ &203$fÌ$ 75$16/,'(5 6 $ $ /$ 6(6,Ð1 *(1(5$/
YLJHQWH HO &yGLJR GH OD 1LxH] \ $GROHVFHQFLD (Q OR SULQFLSDO OD GHPDQGD SUHVHQWDGD SRU OD VHxRUD '25$ 1,(9(6 1$6 087$ $1'5$'( HQ FRQWUD GHO VHxRU &e6$5 3$75,&,2 38(7$7( &8$7,1 HV FODUD FRPSOHWD \ UH~QH ORV UHTXLVLWRV GH OH\ SRU OR TXH VH OD DFHSWD DO WUiPLWH DFHSWiQGROD DO WUiPL WH &RQWHQFLRVR $GPLQLVWUDWLYR *HQHUDO HVWDEOHFLGR HQ HO &y GLJR GH OD 1LxH] \ $GROHVFHQ FLD VH WRPD HQ FXHQWD D OD $E /XFtD $JXLUUH FRQ FDVLOOHUR MXGLFLDO 1R SDUD TXH UH SUHVHQWH D OD UHFODPDQWH HQ OD SUHVHQWH FDXVD KDVWD FXDQGR OD DFWRUD OR FUH\HUH FRQYHQLHQ WH 3DUD OD GLOLJHQFLD GH FLWDFLyQ DO GHPDQGDGR UHPtWDVH DWHQWD &20,6,21 OLEUDGD DO VHxRU 7H QLHQWH 3ROtWLFR GH OD SDUURTXLD GH &KLWDQ GH 1DYDUUHWH \ VHD FLWDGR HQ HO %DUULR &HQWUR GH GLFKD SDUURTXLD 3URYLQFLD GHO &DUFKL FLWDGR TXH VHD HQ OH JDO IRUPD VH FRQYRFDUi D ODV SDUWHV D DOD DXGLHQFLD ~QLFD GH FRQIRUPLGDG FRQ OR HVWDEOHFLGR HQ HO $UW ,QQXPHUDGR GH OD /H\ 5HIRUPDWRULD DO 7tWXOR 9 OLEUR ,, GHO &yGLJR 2UJiQLFR GH OD 1LxH] \ $GROHVFHQFLD D À Q GH TXH FRQWHVWH HQ HO WHUPLQR OHJDO FRUUHVSRQGLHQWH \ GH FRQIRUPLGDG FRQ ORV $UWV HO &yGLJR GH 3URFHGLPLHQWR &LYLO VHxDOH GRPLFLOLR MXGLFLDO HQ HVWD FLXGDG \ HOHFWUyQLFR SDUD UHFLELU VXV SRVWHULRUHV QRWLÀ FDFLRQHV DQXQFLDQGR VXV PHGLRV SUREDWRULRV UHVSHFWL YRV FRQIRUPH OR GHWHUPLQD HO $UW ,QQXPHUDGR GH OD /H\ 5HIRUPDWRULD SUHYLQLpQGROH TXH HQ FDVR GH QR FRQWHVWDU QL VHxDODU GRPLFLOLR SDUD VXV QRWLÀ FDFLRQHV VH VHJXLUi FRQ OD SUHVHQWH FDXVD HQ VX UHEHOGtD 3RU WUDWDUVH GH LQFLGHQWH SRU HO PRPHQWR QR VH À MD XQD QXHYD SHQVLyQ 7pQJDVH HQ FXHQWD OD SUXHED DQXQFLDGD SRU OD SDUWH DFWRUD \ HO GRPLFLOLR VH xDODGR SDUD VXV SRVWHULRUHV QRWLÀ FDFLRQHV DJUpJXHVH OD GRFXPHQWDFLyQ DGMXQWD D OD GHPDQGD 127,)Ì48(6( 'U )HUQDQGR 3ROR /XQD -XH] GH OD 1LxH] \ $GROHVFHQFLD GHO &DQWyQ 7XOFiQ &(57,,),&2 -8=*$'2 '( /$ 1,f(= < $'2/(6&(1&,$ '(/ &$5 &+, 7XOFiQ PLpUFROHV GH IHEUHUR GHO ODV K $WHQWR D OD SHWLFLyQ TXH DQWH FHGH SUHVHQWDGD SRU OD 5H FODPDQWH 'H FRQIRUPLGDG D OR TXH HVWDEOHFH HO $UW GHO &yGLJR GH 3URFHGLPLHQWR &LYLO QRUPD VXSOHWRULD HQ OD PDWHULD GH OD 1LxH] \ $GROHVFHQFLD OD SHWLFLRQDULD FRPSDUH]FD D HVWH -X]JDGR \ EDMR MXUD PHQWR PDQLÀ HVWH GHVFRQRFHU OD LQGLYLGXDOLGDG \ UHVLGHQFLD GHO VHxRU &e6$5 3$75,&,2 38(7$7( &8$7,1 OXHJR GH OR FXDO FtWHVH DO GHPDQGDGR HQ WUHV RFDVLRQHV GH GtDV GLVWLQWRV D WUDYpV GHO GLDULR Ŵ /D +RUD Ŵ SHULyGLFR GH DPSOLD FLUFXODFLyQ GHO SDtV 127,)Ì48(6( ) $EJ 7DQLD (OL]DEHWK *DUFtD )ORUHV -XH]D 7HPSRUDO GH OD 1LxH] \ $GROHVFHQFLD GHO &DQ WyQ 7XOFiQ &(57,,),&2 'U /XLV $OIRQVR 0RUHWD 6(&5(7$5,2 '(/ -8=*$'2 '( /$ 1,f(= < $'2/(6&(1 &,$ '(/ &$17Ð1 78/&É1 +D\ )LUPD \ 6HOOR $U DW
48( 6( 5($/,=$5$ (/ ',$ -8(9(6 '( $%5,/ '(/ 35(6(17( $f2 $ /$6 +25$6 (1 /$ 2),&,1$ '( /$ &203$f,$ &21 /$ ),1$/,'$' '( 5(62/9(5 (/ 6,*8,(17( 25'(1 '(/ ',$
-8,&,2 25',1$5,2 1R 35238(672 325 0$57+$ 0$5Ì$ &+80$ 7$&81*$
&2167$7$&,21 '(/ 482580
/(&785$ < $352%$&,21 '(/ $&7$ $17(5,25
,1)250( '(/ 6(f25 35(6,'(17(
,1)250( '(/ 6(f25 *(5(17(
,1)250( '(/ 6(f25 &20,6$5,2
/(&785$ < $352%$&,21 '( %$/$1&(
5(62/8&,21(6
-8=*$'2 129(12 '( /2 &,9,/ '( ,0%$%85$ &,7$&,Ð1 -8',&,$/
$7(17$0(17( 6U 52'5,*2 &+$0%$ *(5(17( $ 3 N P
(1 &2175$ '( +HUHGHURV SUHVXQWRV \ GHVFRQRFLGRV GH =RLOD &ODUD 7DFXQJD 9DOOHMRV \ D -RVp ,JQDFLR &KXPD (FKH YHUUtD 0$7(5,$ 3UHVFULSFLyQ ([ WUDRUGLQDULD $GTXLVLWLYD GH 'RPLQLR ,1,&,$'2 (/ GH GLFLHPEUH &8$17Ì$ GzODUHV (;75$&72 -8=*$'2 129(12 '( /2 &,9,/ '( ,0%$%85$ $WXQ WDTXL (QHUR GHO /DV + 9,6726 /D GHPDQGD TXH DQWHFHGH HV FODUD SUHFLVD \ UH~QH ORV UHTXLVLWRV GH OH\ SRU WDQWR VH DFHSWD DO WUiPLWH 2UGLQDULR TXH OH FRUUHVSRQGH 6H FRQFHGH OD YHQLD MXGLFLDO VROLFLWDGD &tWHVH D ORV GH PDQGDGRV KHUHGHURV SUH VXQWRV \ GHVFRQRFLGRV GH OD FDXVDQWH =RLOD &ODUD 7DFXQJD 9DOOHMRV \ D -RVp ,JQDFLR &KXPD (FKHYHUUtD HQ PpULWR D OD GHFODUDFLyQ MXUDPHQWDGD GH IRMDV YXHOWD GH ORV DXWRV SRU OD SUHQVD PHGLDQWH WUHV SXEOLFDFLRQHV HQ XQR GH ORV 'LDULRV GH PD\RU FLUFXODFLyQ HQ OD 5HJLyQ 1RUWH GHO SDtV TXH VH HGLWDQ HQ OD FLXGDG GH ,EDUUD GH FRQIRUPLGDG FRQ HO DUWtFXOR GHO &yGLJR GH 3UR FHGLPLHQWR &LYLO 1R VH FXHQWD FRQ ORV VHxRUHV $OFDOGH \ 3UR FXUDGRU 6tQGLFR GHO *RELHUQR 0XQLFLSDO GH $QWRQLR $QWH SRU FXDQWR QDGD GLFH DO UHVSHFWR HO &yGLJR 2UJiQLFR GH 2UJDQL ]DFLyQ 7HUULWRULDO $XWRQRPtD \ 'HVFHQWUDOL]DFLyQ ,QVFUtEDVH OD GHPDQGD HQ HO 5HJLVWUR GH OD 3URSLHGDG GH HVWH FDQWyQ 3RU FRQVLGHUDGD OD FXDQWtD \ OD 6HFUHWDUtD GH HVWH -X]JDGR SDUD VXV QRWLÀ FDFLRQHV 7pQ JDVH DO 'RFWRU 9LGLG 9LYHUR /HyQ FRPR VX GHIHQVRU TXLHQ GHEHUi VHxDODU FDVLOOD MXGLFLDO HQ HVWD MXULVGLFFLyQ $JUpJXH VH DO SURFHVR OD GRFXPHQWD FLyQ DGMXQWD $FW~H OD 'RFWRUD 6LOYDQD &KiYH] &KLFD] FRPR 6HFUHWDULD HQ OD SUHVHQWH FDX VD 127,)Ì48(6( I 'U )UDQFLVFR *XDQROXLVD $ /R TXH &,72 D XVWHG SDUD ORV À QHV OHJDOHV FRQVLJXLHQWHV DGYLUWLpQGROH GH OD REOLJDFLyQ TXH WLHQH GH VHxDODU GRPLFLOLR -XGLFLDO SDUD VXV QRWLÀ FDFLRQHV SRVWHULRUHV $WXQWDTXL D PDU]R 'UD 6LOYDQD 0 &KiYH] &KL FD] 6(&5(7$5,$ +D\ À UPD \ VHOOR 'K DL
¡
%$1&2 '( *8$<$48,/ 38%/,&$&,Ð1 5(92&$725,$ (;75$9,2 52%2 1 &+(48( &21 02172 %$1&2 '( *8$<$48,/ 6 $ D VROLFLWXG GH OD VHxRUD 9HODUGH -DUD 5RVD 0DWLOGH FRPXQLFD DO S~EOLFR TXH SRU SpUGLGD GHWHULRUR URER R VXVWUDFFLyQ VH SURFHGHUi D GHFODUDU VLQ HIHF WR HO ORV FKHTXH V GH OD FXHQWD FRUULHQWH 1R 1RPEUH GHO *LUDGRU 1RPEUH GH %HQHILFLDULR 1~PHUR V FKHTXH V 9DORU 6L QR KXELHUH RSRVLFLyQ DOJXQD GHQWUR GHO SOD]R GH GtDV FRQWDGRV D SDUWLU GH OD SUH VHQWH SXEOLFDFLyQ VH GHFODUDUi Q VLQ HIHFWR HO ORV GRFXPHQWR V DQWHV PHQFLRQDGR V \ HO LPSRUWH GHO PLVPR VHUi HQWUHJDGR DO JLUDGRU R EHQHILFLDULR R WHQHGRU TXH OR KD\D VROLFLWDGR %DQFR GH *XD\DTXLO 6 $ PU DW
),' -ŋ* , ŋ * , #)( ,ŋ &ŋ -. ./.)ŋ ŋ& ŋ - ' & ;d bei b j_ cei W ei" Z[ cW d[ hW fW hW b[ bW Wb fhe Y[ ie Z[ d[e b_ X[ hW b_ pW# Y_ d Z[ bW [Ye de c W i[ ^W [c fh[d Z_ Ze [d kdW i[ h_[ Z[ h[ \eh cWi Z[b i_i j[ cW fe b j_ Ye" gk[ feh kd bW Ze ^Wd \eh jW b[ Y_ Ze [b fh[ i_ Z[d Y_W b_i# ce o feh ejhe ^Wd Wi[ ]k hW Ze bW YW fW Y_ ZWZ Z[ Y^Wd jW `[ feh fWh j[ Z[b 9ed ]h[ ie DW Y_e dWb o Z[ bWi \k[h pWi fe b j_ YWi jhW Z_ Y_e dW b[i c[ Z_Wd j[ bW de c_ dW Y_ d Z[ bWi fh_d Y_ fW b[i \kd Y_e d[i Z[ Yed jheb" jh_ Xk dW b[i Z[ `ki j_ Y_W" [b[Y je hW b[i [ _d Ybk ie Z[ bW c_i cW _di jWd Y_W [d YWh ]W ZW Z[ bW Yedi j_ jk Y_e dW b_ ZWZ Z[b ;YkW Zeh" bW de c_ dW Y_ d h[W b_ pW ZW feh [b 9ed ]h[ ie Z[b <_i YWb =[ d[ hWb Z[ bW DW Y_ d [d Z Wi fW iW Zei" Z[ \eh cW Wh X_ jhW h_W [ _b[ ]Wb" de [i c|i gk[ kd dk[ le YW f jk be Z[ [i jW ^_i je h_W" [d bW gk[ je Ze [i jW ik `[ je W bW d[ ]e Y_W Y_ d fe b j_ YW" _d Ybk ie bW c_i cW Yedi j_ jk Y_e dW b_ ZWZ Z[b ;i jW Ze$ BW b ]_ YW _c f[ hWd j[ Z[ bW ]e X[h dW X_# b_ ZWZ o Z[ bWi cW oe h Wi ec d ce ZWi ^W [c fe Xh[ Y_ Ze o hW gk_ j_ pW Ze dk[i jhW Z[ ce YhW Y_W$ ;i jW cei Yed l[d Y_ Zei" gk[ bW Yh_ i_i Z[ bW Z[ ce YhW Y_W i[ Z[ X[ h[ ieb# l[h fhe \kd Z_ pWd Ze bW c_i cW" Z[i jhW XWd Ze [b WfW hW je _di j_ jk Y_e dWb Z[ bei fe Z[ h[i \|Y j_ Yei" \eh jW b[ Y_[d Ze fWh j_ Zei fe b j_ Yei Z[ ce Yh| j_# Yei" f[h c_ j_[d Ze c[ YW d_i cei Z_ h[Y jei Z[ fWh j_ Y_ fW Y_ d Y_k ZW ZW dW" gk[ Wkd gk[ ^eo [i j|d Yed j[c fbW Zei [d bW 9edi j_ jk Y_ d" ied _c# fhWY j_ YW Xb[i feh bW i[ h_[ Z[ jhW XWi gk[ i[ [d YWh ]W hed Z[ [i jW Xb[ Y[h" Yh[[ cei gk[ [i \kd ZW c[d jWb h[ Z_i Yk j_h [b fW f[b Z[b ;i jW Ze o ie Xh[ je Ze h[ \eh cWh fhe \kd ZW c[d j[ [b i_i j[ cW fe b j_ Ye o ]W hWd j_ pWh bW jhWdi fW h[d Y_W Z[ bei eh ]W d_i cei Z[ Yed jheb" Z[ [b[Y Y_e d[i o Z[ bW Yedi j_ jk Y_e dW b_ ZWZ$ Feh [i jWi hW pe d[i Wfe oW cei bW Yed le YW je h_W W 7iWc Xb[W DW Y_e# dWb 9edi j_ jk o[d j[ o jWc X_ d bW d[ Y[ i_ ZWZ gk[ [n_i jW kd [i jW jk je gk[ f[h c_ jW ik [b[Y Y_ d" feh [bbe" dei f[h c_ j_ cei [d jh[ ]Wh kdW i[ h_[ Z[ fhe fk[i jWi gk[ [i f[ hW cei fk[ ZWd i[h Yed i_ Z[ hW ZWi W Ò d Z[ ]W hWd# j_ pWh kdW `ki jW Yec f[ j[d Y_W [b[Y je hWb o ie Xh[ je Ze fW hW f[h c_ j_h bW WY j_ lW fWh j_ Y_ fW Y_ d Y_k ZW ZW dW [d [i j[ jhWi Y[d Z[d jWb fhe Y[ ie$ 7 Yed j_ dkW Y_ d bW fhe fk[i jW Z[ h[ \eh cWi0
ũ(-ũ3#ũ%1 ũ!(¢-ũ"#ũ+ ũ 2 ,ũ +# 9ed i_ Z[ hW cei gk[ kde Z[ bei fhe Xb[ cWi \kd ZW c[d jW b[i Z[b i_i j[# cW fe b j_ Ye W bW ^e hW Z[ Z[ Ò d_h YWc X_ei Wb i_i j[ cW [b[Y je hWb ^W i_ Ze jhW jWh Z[ [gk_ fW hWh c[ Z_ ZWi ][ d[ hW b[i W h[W b_ ZW Z[i WX ie bk jW c[d j[ Z_ \[ h[d Y_W ZWi Ye ce bWi gk[ j[ d[ cei [d [b ;YkW Zeh" feh [bbe" ^Wo gk[ [i jW Xb[ Y[h fhe fk[i jWi gk[ j[d ]Wd h[ bW Y_ d Yed bW h[W b_ ZWZ Z[b fW i$ 7Z[ c|i" Yh[[ cei gk[ bW 7iWc Xb[W Z[ X[ ]kWh ZWh Y_[h jei Yh_ j[ h_ei Z[ [gk_ ZWZ o fhe feh Y_e dW b_ ZWZ Yed bW fe XbW Y_ d o [b[Y je h[i Z[ YW ZW kdW Z[ bWi fhe l_d Y_Wi" Yed [bbe" [l_ jW h[ cei gk[ i[ fhe \kd Z_ Y[d bWi Z_ \[ h[d Y_Wi h[ ]_e dW b[i" gk[ i_d Zk ZW" i[ h| kde Z[ bei Wi f[Y jei gk[ Z[ X[ Z_i Yk j_h bW fh n_ cW 7iWc Xb[W$ BW 7iWc Xb[W DW Y_e dWb 9edi j_ jk o[d j[ [i jW h| _d j[ ]hW ZW feh /. WiWc Xb[ i jWi" Yed iki h[i f[Y j_ lWi e h[i f[Y j_ lei ik fb[d j[i" Z_i jh_# Xk_ Zei Z[ WYk[h Ze Yed [b i_ ]k_[d j[ c[ YW d_i ce0
§
Ä Ä‰ Ä‚Ä‚ Ä Ä‰
7 Ĺ?Ĺ? 7 ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ? ĀĂĹ? Ĺ? Ĺ?Ä‚Ä€Ä Ä€ ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
Ĺ? +. Ĺ? ÄĄ
(), -ŋ 0 ( (ŋ ,)! -ŋ ( )& !#) : Ŋ ěŊ :ei c[deh[i f[h#
cWd[Y[d W_ibWZei feh [ijWh l_dYkbWZei Yed [b fehj[ Z[ Zhe]Wi gk[ i[]‘d Wkjeh_ZW# Z[i [ijWXW Z[ij_dWZe fWhW bW l[djW [d bei Yeb[]_ei Z[ bW Y_kZWZ$ ;d bei ‘bj_cei Z‡Wi jh[i c[deh[i Z[ [ZWZ \k[hed h[j[d_Zei feh [b jh|Ă’Yei Z[ Zhe]Wi" Wkdgk[ Z[ifkƒi Z[ bWi _dl[ij_]WY_ed[i i[ Z[j[h# c_dÂŒ gk[ kde Z[ [bbei j[d‡W Zei YƒZkbWi Z[ _Z[dj_ZWZ$ ÆbWi Wkjeh_ZWZ[i _dZ_YWd gk[ bei c[deh[i ied kj_b_# pWZei fWhW l[dZ[h Zhe]W fehgk[ bWi f[dWi gk[ [bbWi Z[X[d Ykcfb_h feh bW l[djW de [i _]kWb W bW Z[ bWi iWdY_e# d[i Wkdgk[ i[ Wfb_YWd W bei cWoeh[i Z[ [ZWZ$ I[ _Z[dj_Ă’YÂŒ WZ[c|i gk[ bei `ÂŒl[d[i i[ [dYWh]Wd Z[ YecfhWh o fhel[[hi[ Z[ bW Zhe]W [d BW BW]kdW kd XW# hh_e Z[ ?f_Wb[i$ 7 _d_Y_ei Z[ [ij[ W‹e kdW ck`[h \k[ Z[# j[dZ_W feh bb[]Wh Z[ ?f_Wb[i W l[dZ[h Zhe]W W [ijkZ_Wdj[i$
,)').),ŋ ŋ- &/ ŋ / ŋ - -#( )ŋ (ŋ "# & +Ŋ$ ++#!(".Ŋ++#%¢Ŋ "#2"#Ŋ#+Ŋ2#!3.1Ŋ "#Ŋ 2'/(Ŋ/ 1 Ŋ4- Ŋ ! / !(3 !(¢-Ŋ#-Ŋ 2 +4"ē
: Ŋ ěŊ ;b Yk[hfe i_d l_ZW Z[
8[hdWhZe FW_ 9W_jWdYkp kd fhe# cejeh Z[ iWbkZ Wm| \k[ [dYed# jhWZe Wo[h [d bWi _dc[Z_WY_ed[i Z[b c[hYWZe Z[ bW fWhhegk_W 9^_# YWb Wb deheYY_Z[dj[ Z[ JkbY|d$ 7o[h Wkjeh_ZWZ[i Z[ JkbY|d l_W`Whed Wb i[Yjeh fWhW h[Wb_pWh [b b[lWdjWc_[dje Z[b YWZ|l[h gk[ f[hcWd[Y_ÂŒ [d ^WijW Y[hYW [b c[Z_e Z‡W Z[ Wo[h [d bW l‡W CehWZeh[i Z[b i[Yjeh gk[ de gk_i_[hed i[h _Z[dj_Ă’YWZei [n# fb_YWhed gk[ Wb fWh[Y[ [b \Wbb[Y_# Ze fWhj_Y_fÂŒ [d kdW h_‹W YWbb[`[# hW YkWdZe iWb‡W Z[ kd Yec[Zeh ZedZ[ [ijWXW Z[fWhj_[dZe Yed kdei Wc_]ei" f[he de fh[i[djW# XW ^[h_ZWi Yed WhcW XbWdYW e Z[ \k[]e$ :ei f[hiedWi f[hcWd[Y[d Z[j[d_ZWi c_[djhWi i[ _dl[ij_]W [b ^[Y^e _dZ_YÂŒ kd h[fh[i[djWdj[ Z[ bW @kdjW fWhhegk_W Z[ 9^_YWb$ ;b \kdY_edWh_e [nfb_YÂŒ WZ[# c|i gk[ [b \Wbb[Y_Ze bb[]ÂŒ Z[iZ[ [b i[Yjeh Z[ ?if^_ Yeckd_ZWZ Wm| W jh[i Z‡Wi Z[ YWc_de Z[ 9^_YWb$
$FXHUGR GH &RQGROHQFLD 4XH HQ OD FLXGDG GH 4XLWR IDOOHFLy HO GLVWLQJXLGR FDEDOOHUR
T ° ([SUHVDPRV QXHVWUD PiV VHQWLGD QRWD GH SHVDU \ VROLGDULGDG D WRGD VX GLVWLQJXLGD IDPLOLD SRU WDQ LUUHSDUDEOH SpUGLGD GH PDQHUD HVSHFLDO D VX +HUPDQD 6UD ,OGLWD 'XUiQ
U &HFLOLD 9DFD 6XVDQD $OEXMD 0DWLOGH 6XiUH] /ROD 6XiUH] 1DQF\ *RQ]iOH]
&OHPHQFLD /HyQ 5RVDULR <pSH] *ODG\V GHO +LHUUR 1LOGD 2EDQGR 2OJD $FRVWD
0DUtD &DEUHUD -RVHILQD (JDV *HQRYHYD &DEH]DV /HRQRU 9LOODOED ,VDEHO 5H\HV
3$= (1 68 780%$ ÄľÄ‰ÄŒÄ’ÄˆÄ?Äľ
,EDUUD GH PDU]R
Ä“ĹŠ -ĹŠ#+ĹŠ/ 104#ĹŠ"#ĹŠ '(! +ĹŠ$4#ĹŠ#-!.-31 ".ĹŠ#+ĹŠ! ";5#1ĹŠ"#ĹŠ #1- 1".ĹŠ (ĹŠ4-ĹŠ/1.,.3.1ĹŠ"#ĹŠ2 +4"ĹŠĹŠ"#ĹŠ+ ĹŠ!.,4-(" "ĹŠ 6;Ä“
I[]‘d cehWZeh[i Z[b i[Yjeh FW_ bb[]Œ [d YecfW‹‡W Z[ ejhWi f[hiedWi [b `k[l[i Wdj[h_eh fWhW fWhj_Y_fWh Z[ kdWi YWfWY_jWY_e# d[i [d bW fWhhegk_W o [d bW deY^[ i[ fkie W _d][h_h WbYe^eb$ FeXbWZeh[i Wm| bb[]Whed W bW pedW o ZedWhed [b \ƒh[jhe fWhW [b \Wbb[Y_Ze ^WijW Wo[h i[ j[d‡W fh[l_ije gk[ [b Yk[hfe i[W l[bWZe o [dj[hhWZe [d 9^_# YWb fehgk[ bei \Wc_b_Wh[i Z[b \Wbb[Y_Ze de bb[]WXWd W
31.2Ŋ" 3.2 ŗŊŊ +Ŋ!4#1/.Ŋ"#+Ŋ/1.,.3.1Ŋ"#Ŋ2 +4"Ŋ$4#Ŋ#-!.-31 ".Ŋ!#1! Ŋ"#+Ŋ,#1! ".Ŋ"#Ŋ+ Ŋ / 11.04( Ŋ"#Ŋ '(! +ĔŊ2#Ŋ/1#24,#Ŋ04#Ŋ 8#1Ŋ Ŋ+ 2ŊćĊĖććŊ'.1 2Ŋ24!#"(¢Ŋ+ Ŋ/#+# Ŋ8Ŋ
,.1 ".1#2ĹŠ"#-4-!( 1.-ĹŠ#+ĹŠ!1(,#-ĹŠ ĹŠ+ 2ĹŠÄ‡ÄŒÄ–Ä‡Ä‡ĹŠ"#ĹŠ+ ĹŠ,  - ĔŊ#+ĹŠ,_"(!.ĹŠ+#%(23 ĹŠ"#ĹŠ + ĹŠ (2! +~ ĹŠĹŠ"#ĹŠĹŠ 4+!;-ĹŠ5( )¢Ŋ +ĹŠ2#!3.1ĹŠ8ĹŠ$4#ĹŠ '~ĹŠ".-"#ĹŠ2#ĹŠ+#ĹŠ/1 !3(!¢Ŋ+ ĹŠ 43./2( Ä“
bW pedW$ Kd feXbWZeh gk[ de gk_ie i[h _Z[dj_Ă’YWZe _dZ_YÂŒ WZ[c|i gk[ [i feh bW \WbjW Z[ Yedjheb gk[ ik# Y[Z[d [ijei ^[Y^ei fk[i bei h[i#
jWkhWdj[i i[ Z[Z_YWhed W l[dZ[h WbYe^eb Wkdgk[ [ie de [i f[hc_# j_Ze o bWi Wkjeh_ZWZ[i Z[ Yedjheb de ^WY[d dWZW Wb h[if[Yje o W c[dkZe ikY[Z[d h_‹Wi$
)&# v -Ĺ‹#(0)&/ , )-Ĺ‹ (Ĺ‹ # (. Ĺ‹ : ŊěŊ BW deY^[ Z[b `k[l[i [d bW YWbb[ FWdWc| o IkYh[ i[ ikiY_jÂŒ kd WYY_Z[dj[ Z[ jh|di_je" [d [b gk[ [ijkl_[# hed _dlebkYhWZei kd jWn_ o kdW YWc_ed[jW gk[ i[]‘d j[ij_]ei [ijWXW YedZkY_ZW feh kd_\ehcWZei Z[ feb_Y‡W gk[ Z[ifkƒi Z[b WYY_Z[dj[ Z[`Whed [b bk]Wh$ 7kdgk[ i[ Z[iYedeY[ gk_[d YedZkY‡W [b Wkjece# jeh bei j[ij_]ei _dZ_YWd gk[ [hWd kd_\ehcWZei Z[ bW fe# b_Y‡W Z[ bW `[\WjkhW Z[ Wdj_# dWhYÂŒj_Yei$ BW YWc_ed[jW d[]hW [d bW gk[ i[ YedZkY‡Wd bei kd_\ehcWZei lebYÂŒ o [b jWn_ Z[ fbWYWi 97> '+( h[ikbjÂŒ W\[YjWZe [d jeZW bW fWhj[ Z[# bWdj[hW" i[ Z[iYedeY[ YkWd# jei kd_\ehcWZei l_W`WXWd [d [b Wkjecejeh o i_ h[ikbjW# hed ^[h_Zei$ 7][dj[i Z[ bW kd_ZWZ Z[ jh|di_je Z[ bW feb_Y‡W Wo[h h[Wb_pWXWd bei f[h_jW`[i fWhW Z[j[hc_dWh Z[ gk[ j_fe Z[
ēŊ +Ŋ)4#5#2Ŋ#-Ŋ'.1 2Ŋ"#Ŋ+ Ŋ-.!'#Ŋ#-Ŋ#+Ŋ!#-31.Ŋ"#Ŋ+ Ŋ!(4" "Ŋ2#Ŋ242!(3¢Ŋ 4-Ŋ !!("#-3#Ŋ"#Ŋ31;-2(3.ē
WYY_Z[dj[ i[ jhWjŒ$ De i[ fkZe eXj[d[h kdW _d\eh#
cWY_ÂŒd eĂ’Y_Wb Z[ YÂŒce i[ Z_[hed bei ^[Y^ei o bei YWkiWdj[i$
/&* & Ĺ‹ *),Ĺ‹+/ , ,Ĺ‹ ' . ,Ĺ‹ Ĺ‹-/Ĺ‹ ()0#
ēŊ - Ŋ"#Ŋ+ 2Ŋ4-(" "#2Ŋ04#"¢Ŋ!.-31 Ŋ+ Ŋ$ !' " Ŋ"#+Ŋ-4#5.Ŋ #%(231.Ŋ (5(+ē
)-Ĺ‹. 2#-Ĺ‹ $ /.#0)-Ĺ‹ ") ,)(Ĺ‹ 143.ĹŠ"#+ĹŠ !!("#-3#ĹŠ4- ĹŠ,4)#1ĹŠ1#24+Äą 3¢Ŋ'#1(" ĹŠ8ĹŠ31 2+ " " ĹŠ +ĹŠ'.2/(3 +ĹŠ -ĹŠ (!#-3#ĹŠ"#ĹŠ ĂŒ+Ä“ĹŠ ĹŠ ěŊ ;hWd Wbh[Z[Zeh Z[ bWi
ÄľÄ‰ÄŒÄ’ÄŠÄ‰Äľ
&.0'+ Z[ Wo[h" YkWdZe bW Y_kZWZ _d_Y_WXW kd Z‡W c|i Z[ bWXeh[i$ :[ fhedje" Zei jWn_i [`[Ykj_lei Y^eYWhed WfWhWjeiWc[dj[ [d bW _dj[hi[YY_ÂŒd Z[ bWi YWbb[i L[bWi# Ye o HeYW\k[hj[" fb[de Y[djhe Z[ bW Y_kZWZ$ H[ikbjWZe Z[ [ij[ WYY_Z[dj[" kde Z[ bei Wkjecejeh[i _dle# bkYhWZei" gk[ZÂŒ fh[dZ_Ze [d bW \WY^WZW Z[ bWi dk[lWi _dijWbWY_e# d[i" de _dWk]khWZWi W‘d" Z[b Ă“W# cWdj[ [Z_Ă’Y_e Z[b H[]_ijhe 9_l_b Z[ ?XWhhW$ KdW ck`[h Z[ Wfhen_cWZW# c[dj[ *& W‹ei Z[ [ZWZ" gk[ l_W# `WXW [d YWb_ZWZ Z[ fWiW`[hW Z[ kdW Z[ bWi kd_ZWZ[i Z[ jWn_" h[# ikbjÂŒ ^[h_ZW" feh de bb[lWh fk[i# je [b Y_djkhÂŒd Z[ i[]kh_ZWZ$
<k[ Wj[dZ_ZW [d [b bk]Wh Z[ bei ^[Y^ei feh fWhWcƒZ_Yei Z[b 9k[hfe Z[ 8ecX[hei Z[ ?XWhhW" Z[X_Ze W iki b[i_ed[i o feij[# h_ehc[dj[ \k[ jhWibWZWZW ^WijW bW iWbW Z[ [c[h][dY_Wi Z[b ^ei# f_jWb IWd L_Y[dj[ Z[ FW‘b$ Bei jWn_i _dlebkYhWZei [d [ij[ WYY_Z[dj[ ied kdW kd_ZWZ 9^[# lheb[j 7l[e" Z[ bW 9eef[hWj_lW Fh_ehWje" fbWYWi ?87#)*'(" Yed# ZkY_Ze feh :_[]e C$" o kd A_W H‡e" Z[ bW Yeef[hWj_lW JhWdiij[h" fbWYWi ?87#(&+* Wb cWdZe Z[b Y^e\[h <hWdab_d :$ ;2ĹŠ"#3 ++#2
Kd Y_kZWZWde Z[ eh_][d Yeij[# ‹e" gk_[d i[ d[]Œ W h[l[bWh ik _Z[dj_ZWZ" fWhW de _h W Z[YbWhWh Wb `kp]WZe Z[ jh|di_je [d YWb_ZWZ
Z[ j[ij_]e" Z_e ik l[hi_ÂŒd Z[ bei ^[Y^ei$ CWd_\[ijÂŒ gk[ [d [b jWn_ Z[ bW Yeef[hWj_lW Fh_ehWje [d [b i[Yjeh Z[ EX[b_iYe$ ÆL[d‡Wcei XW`WdZe feh bW YWbb[ L[bWiYe o eXi[hlƒ Wb i[c|\ehe Z[ bW YWbb[ HeYW\k[hj[ o [b Z[ bW CWbZedW# Ze gk[ i[ fki_[hed [d l[hZ[$ ;b jWn_ijW i_]k_ÂŒ ik cWhY^W Z[ h[f[dj[ \k[ [cX[ij_Ze feh [b WkjecÂŒl_b Z[ bW ejhW YecfW‹‡W gk[ l[d‡W feh bW HeYW\k[hj[$ Feh YeiWi Z[b Z[ij_de" [b Y^e\[h" kdW YkWZhW Wdj[i" i[ YebeYÂŒ [b Y_d# jkhÂŒd Z[ i[]kh_ZWZ" i_ de gk_[d iWX[ gk[ ^kX_[hW fWiWZeÇ Yed# YbkoÂŒ [b fWiW`[he$ De gk_ie [djh[]Wh c|i Z[# jWbb[i oW gk[ [nfb_YÂŒ gk[ [d [b jWn_ l_W`WXW Yed ik f[gk[‹W ^_`W" gk_[d h[Y_X_ÂŒ kd \k[hj[ ]ebf[ [d bW YWX[pW o j[d‡W gk[ _hi[ fWhW Wj[dZ[hbW$ Bei Zei jWn_i _dlebkYhWZei [d [b Y^egk[ \k[hed bb[lWZei W bei fWj_ei Z[ h[j[dY_ÂŒd l[^_YkbWh Z[ bW Feb_Y‡W Z[ Jh|di_je$
?]dWY_e FhWZe" WYkiWZe Z[ Wj[d# jWh YedjhW bW l_ZW Z[ ik fWh[`W" i[ [dYedjhWXW [d bW YbWdZ[ij_d_# ZWZ Z[iZ[ bei ^[Y^ei ikiY_jWZei [b fWiWZe ', Z[ \[Xh[he Z[ (&'&$ <k[ ^WijW [b / Z[ del_[cXh[ Z[ (&''" YkWdZe bW Feb_Y‡W @kZ_Y_Wb be beYWb_pÂŒ eYkbje [d YWiW Z[ ik cWZh[ [d H_eXWcXW$ <_dWbc[dj[" [d ik WkZ_[d# Y_W Z[ `kp]Wc_[dje" FhWZe \k[ Z[YbWhWZe YkbfWXb[ Z[ j[djWj_lW Z[ ^ec_Y_Z_e YedjhW J[h[iW Z[ @[i‘i D$" ik [nfWh[`W i[dj_c[d# jWb$ FhWZe" Wb_Wi Æ[b YWdjWdj[Ç" [hW h[gk[h_Ze feh bW `kij_Y_W Z[iZ[ [b fWiWZe ', Z[ \[Xh[he Z[ (&'&" YkWdZe [d bW _dj[h# i[YY_ÂŒd Z[ bWi YWbb[i EX_ife Ceigk[hW o ;if[`e" W bW iWb_ZW Z[ kdW h[kd_ÂŒd ieY_Wb" i[ WXW# bWdpÂŒ Yed kd WhcW XbWdYW ie# Xh[ [b jÂŒhWn Z[ ik fWh[`W$ Fei# j[h_ehc[dj[ ^koÂŒ Z[b bk]Wh Z[ bei ^[Y^ei$ BW l‡Yj_cW gk[ZÂŒ ^eif_jWb_pWZW feh dk[l[ c[i[i
/ (.#)-)Ĺ‹ ,) )Ĺ‹ Ĺ‹ )'# #&#) Ik`[jei de _Z[dj_Ă’YWZei i[ iki# jhW`[hed kd ]hWdZ_eie Xej‡d Z[iZ[ [b _dj[h_eh Z[ kd Zec_Y_# b_e kX_YWZe [d [b i[Yjeh ;b ;`_Ze" Wb ikh Z[ bW Y_kZWZ$ ;b cedje Z[b f[h`k_Y_e" i[# ]‘d [b W\[YjWZe" WiY[dZ[h‡W W +& c_b ZÂŒbWh[i" [if[Y_Wbc[dj[ [djh[ `eoWi o ehe \kdZ_Ze$ ;hWd Wfhen_cWZWc[dj[ bWi ''0)& Z[
7 Ĺ? ÄƒÄ Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ? ÄĄ
Ä ÄŠ
ēŊ 1 ".Ŋ-.Ŋ/4".Ŋ 2#%4(1Ŋ#5 "(#-".Ŋ Ŋ+ Ŋ)423(!( Ŋ8Ŋ$4#Ŋ ++#5 ".Ŋ +Ŋ #-31.Ŋ"#Ŋ #' (+(3 !(¢-Ŋ .!( +Ŋ"#Ŋ 11 ē
[d [b ^eif_jWb ;k][d_e ;if[`e Z[ Gk_je$ FhWZe" [d [b `k_Y_e d[]ÂŒ YedeY[h W J[h[iW Z[ @[i‘i$ I_d [cXWh]e" bWi fhk[XWi Z[ bW <_iYWb‡W Z[ceijhWhed ik d[ne i[dj_c[djWb$ Wo[h" YkWdZe bei fhef_[jWh_ei Z[ [ij[ _dck[Xb[ h[]h[iWXWd Z[ iki bWXeh[i$ 7 bW [djhWZW oW WZl_hj_[hed gk[ jeZWi bWi i[]k# h_ZWZ[i Z[ _d]h[ie W ik ^e]Wh [ijWXWd \ehpWZWi$ 9ed`kdjWc[dj[ Yed bW Feb_# Y‡W DWY_edWb" _d]h[iWhed W l[h_# Ă’YWh be ikijhW‡Ze$ KdW fh_c[hW h[l_i_ÂŒd Yehhe# XehÂŒ gk[ bei cWb[Wdj[i i[ bb[lW# hed YkWjhe j[b[l_ieh[i fbWicW Z[ *( fkb]WZWi" i[_i c_b ZÂŒbWh[i [d [\[Yj_le" kd h[be` Z[ ehe fkhe lWbehWZe [d '' c_b ZÂŒbWh[i" +&& ]hWcei Z[ ehe \kdZ_Ze" (&& ]hWcei [d `eoWi o c|i Whj‡Yk# bei Z[b ^e]Wh$
Ďć! , 41 Ĕũ 1!'(
: ũĊĈũ ũ ũĉćĈĉ
(-!+ēũ
Ċďũ :
ũ
ũ ũ
.2ũ3 7(2ũ#)#!43(5.2ũ!'.! 1.-ũ 8#1ũ#-ũ+ ũ! ++#ũ .! $4#13#ũ8ũ #+ 2!.ũ#-ũ 11 ēũ -.ũ "#ũ#++.2ũ04#"¢ũ#231#++ ".ũ#-ũ#+ũĄ , -3#ũ#"(ă!(.ũ"#+ũ #%(231.ũ (5(+Ĕũ04#ũ3." 5~ ũ-.ũ #2ũ(- 4%41 ".ēũ #23(%.2ũ"#+ũ !!("#-3#ũ, -(ă#23 -ũ04#ũ4-.ũ"#ũ+.2ũ 43.,¢5(+#2ũ2#ũ / 2¢ũ+ ũ+49ũ1.) ũ"#+ũ2#,;$.1.ēũ ;%(- ũ ĈĒ 4%(3(5.ũ$4#ũ 2#-3#-!( ". %- !(.ũ 1 ".Ĕũ !42 ı ".ũ"#ũ(-3#-3 1ũ, 3 1ũ ũ 24ũ,#"( ũ- 1 -) Ĕũ$4#ũ ! /341 ".ũ#-ũ (.ı , ēũ 4#%.ũ$4#ũ 31 2+ " ".ũ ũ 11 ũ#-ũ ".-"#ũ+.ũ"#!+ 1 1.-ũ !4+/ +#ũ"#ũ3#-3 3(5 ũ "#ũ'.,(!("(.ēũ
Ĕũ1#8ũ "#+ũ5.+#8ũ
+ũ#04(/.ũ"#+ũ #.".1.ũ ¢,#9ũ"#ũ+ ũ .11#ũ2#ũ !.1.-¢ũ! ,/#¢-ũ"#+ũ ! ,/#.- 3.ũ(-3#1!.ı +#%( +ũ"(2/43 ".ũ#-ũ 11 ēũ ;%(- ũ Ĉĉ
#1;ũ/ /;
+ũ! -3 -3#ũ 1(3;-(!.ũ . (#ũ (++( ,2ũ#23;ũ ! 2 ".ũ!.-ũ+ ũ !31(9ũ #23 ".4-("#-2#ũ 8" ũ (#+"ē : ũ ĈĈ
;%(- ũ ĈĒ
.-$42.ũ !!("#-3#ũ
+ũ)#5#2ũ#-ũ 4+!;-ũ2#ũ242!(3¢ũ4- ũ!!("#-3#ũ"#ũ31;-2(3.ũ#-ũ #+ũ04#ũ#2345(#1.-ũ(-5.+4!1 ".2ũ4-ũ! 11.ũ"#ũ+ ũ4-(" "ũ"#ũ -3(- 1!.3(!.2ũ"#ũ+ ũ .+(!~ ũ8ũ4-ũ3 7(ē ;%(- ũ Ĉđ
#ũ+ -9¢ũ"#+ũ 3#1!#1ũ/(2. Ë ũ ēũ -ũ'.,ı 1#ũ"#ũ /1.7(, " ,#-3#ũ ĉćũ .2Ĕũ2#ũ+ -9¢ũ"#2"#ũ #+ũ3#1!#1ũ/(2.ũ"#+ũ #-31.ũ .,#1!( +ũ 2 )#ũ 11 Ĕũ 4 (! ".ũ#-ũ+ ũ ,#".ũ 8ũ #+ 2!.Ĕũ ũ+ 2ũĈĐĖććũ "#ũ 8#1ēũ #%Ì-ũ3#23(%.2Ĕũ 24/4#23 ,#-3#Ĕũ,(-43.2ũ -3#2ũ' 1~ ũ"(2!43(".ũ !.-ũ24ũ/1.%#-(3.1ēũ #12.- +ũ"#+ũ 4#1/.ũ "#ũ ., #1.2ũ 3#-"(¢ũ ũ 04(#-ũ! 8¢ũ2. 1#ũ#+ũ3#!'.ũ "#ũ4-ũ5#'~!4+.ũ04#ũ2#ũ #-!.-31 ũ#23 !(.- ".ēũ 4#ũ31 2+ " ".ũ +ũ .2/(ı 3 +ũ -ũ (!#-3#ũ"#ũ Ì+Ĕũ #-ũ".-"#ũ+.ũ +.) 1.-ũ ).ũ /1.-¢23(!.ũ1#2#15 ".ē