1 / 25

edital_de_abertura_n_001_2022

DFDFDFDFDFD DFDFDFD DFDFDFDF

ricardoceu
Download Presentation

edital_de_abertura_n_001_2022

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? $+)+(+#? ? 0+)? ? ! ,.!S+ ???????? ?1&+ +?&!0+ T ? ?+*0.?0?Sj+ *+ .!#%)! ! !4!?1Sj+ %* %.!0? ,+. ,.!S+ #(+??( ! !),.!/? !/,!?%?(%6? ? *? ,.!/0?Sj+ ! /!.? 2%S+/ ! +.#?*%6?Sj+ ! +,!.??%+*?(%6?Sj+ ! ?+*?1./+ ,x?(%?+?,?.??,.+2%)!*0+? !?2?#??,?.????.#+?,x?(%?+? %>?FKBQB A> .OBPFAaK@F> A> !]J>O> +RKF@FM>I AB 2>KD>O[ A> 1BOO>? >LP SFKQB?B?PBFP?AF>P?AL?JaP?AB?PBQBJ?OL?AB?????? "t?%+??.%0+ ,J=KA<=FL= 0BDFPQO>AL K> 1B@OBQ>OF> %BO>I A> !]J>O> +RKF@FM>I B MR?IF@>AL MLO >CF? U>_^L?BJ?IRD>O?AB?@LPQRJB?K>?A>Q>?PRMO>? - 1BKELO "t?%+ ?.%0+? .OBPFABKQB A> !]J>O> +RKF@FM>I AB 2>KD>O[ A> 1BOO>? #PQ>AL AB +>QL %OLPPL? RP>KAL A>P >QOF?RF_eBP NRB IEB P^L @LKCB? OFA>P?MBI>?*BF? ??)?.??)1*%?%,?(? !?2t.6!??#.?* ! !?.!0? ?r)?.??)1*%?%,?(? !?2t.6!??#.?* ! ,+.0?.%??*??g????????? ?OQ? ??n $F@> &LJLILD>AL L 0+)? ? ! ,.!S+ Fg ???????? ,.+?!/? /+ *g ???????? NRB CLF AB@I>O>AL !/!.0+ @LKCLOJB @LKPQ> K> ?Q> A> 1BPP^L?.f?IF@>?OB>IFW>A>?KL?AF>????AB?PBQBJ?OL?AB?????? "B@I>O> IRQL LCF@F>I KL .LABO *BDFPI>QFSL +RKF@FM>I AB 4[OWB> %O>KAB MBIL MBObLAL AB ?? ?QOaP? AF>P? MBI> JLOQB AL 1R?PB@OBQ[OFL +RKF@FM>I AB 4F>_^L B?-?O>P??1O??*RFW?!>OILP?1>JM>FL? ?OQ? ??n #PQB "B@OBQL BKQO>O[ BJ SFDLO K> A>Q> AB PR> MR?IF@>_^L? OBSLD>? A>P?>P?AFPMLPF_eBP?BJ?@LKQO[OFL? ? +BP> "FOBQLO> A> !]J>O> +RKF@FM>I AB 4[OWB> %O>KAB? #PQ>AL AB +>QL %OLPPL??KL?RPL?AB?PR>P?>QOF?RF_eBP?IBD>FP? !]J>O> +RKF@FM>I AB 2>KD>O[ A> 1BOO>? #PQ>AL AB +>QL %OLPPL? >LP ?? ?SFKQB?B?PBFP???AF>P?AL?JaP?AB?PBQBJ?OL?AL?>KL?AB?????? ?+*/% !.?* + L C>IB@FJBKQL AL 1R?PB@OBQ[OFL +RKF@FM>I AB 4F>_^L B -?O>P??1O??*RFW?!>OILP?1>JM>FL??L@LOOFAL?BJ???????????? "t?%+??.%0+ ,J=KA<=FL= ?+*/% !.?* + L OBPMBFQL >LP KL?OBP B OBIBS>KQBP PBOSF_LP MLO BIB MOBPQ>ALP?>L?+RKF@bMFL? 0BDFPQO>AL K> 1B@OBQ>OF> %BO>I A> !]J>O> +RKF@FM>I B MR?IF@>AL MLO >CF? U>_^L?BJ?IRD>O?AB?@LPQRJB??K>?A>Q>?PRMO>? ?+*/% !.?* + L PBKQFJBKQL AB MOLCRKAL MBP>O ALP JBJ?OLP ABPQ> !>P> AB *BFP? B > J>KFCBPQ>_^L AB fIQFJ> ELJBK>DBJ MBIL .LABO *BDFPI>? QFSL?+RKF@FM>I? !(?%*!??*01*!/ ??f?/=;J=LVJA9 .?!?/?+?(?2?!? ,+.0?.%?????????? ?JL? ?g ? "B@I>O>O *RQL -CF@F>I KL .LABO *BDFPI>QFSL AB 4[OWB> %O>KAB MBIL MBObLAL?AB?????QOaP??AF>P??>?M>OQFO?AB???????????? ,+.0?.%??*g?????? !???? !?/!0!)?.+? !?????? ?JL? ?g ? $F@> BPQ>?BIB@FAL \ !EBCF> AB !BOFJLKF>I J>KQBO >P >KABFO>P AL .IBK[OFL?>?JBFL?J>PQOL?ARO>KQB?BPPB?MBObLAL??BJ?PFK>I?AB?IRQL?B?OBPMBFQL? %/,k! /+?.! ? ,.+#.!//j+ ! 1?/ .!"!.s*?%? ,?.? ? /!.2% +.??*%0??(+%+(?? ?JL? ?g ? "RO>KQB L MBObLAL AB IRQL? L BUMBAFBKQB A> !]J>O> +RKF@FM>I K^L PLCOB?>IQBO>_^L? - 4BOB>ALO "t?%+ ?.%0+? .OBPFABKQB A> !]J>O> +RKF@FM>I AB 2>KD>O[ A> 1BOO>? #PQ>AL AB +>QL %OLPPL? RP>KAL A>P >QOF?RF_eBP NRB IEB P^L @LK? CBOFA>P MBIL ?OQ? ??? FK@FPL 66'? A> *BF -OD]KF@> +RKF@FM>I B @LJ?FK>AL @LJ L ?OQ? ??? i? A> *BF !LJMIBJBKQ>O Kn ??? AB ?? AB 1BQBJ?OL AB ???? B?*BF?!LJMIBJBKQ>O?Kh??????AB????AB?+>FL?AB?????? ?JL???g?? #PQ>?.LOQ>OF>?BKQO>?BJ?SFDLO?>?M>OQFO?ABPQ>?A>Q>? 0#%'120??1#??!3+.0??1#? %>?FKBQB?A>?.OBPFAaK@F>?????AB?PBQBJ?OL?AB?????? .!/+(2!? 4BOB>ALO?$? '-?(-1#?2?0"', ?JL? ?g l !LK@BABO > MOLDOBPP^L AB AR>P OBCBOaK@F>P \ PBOSFALO> ?*%0? (+%+(?? L@RM>KQB AL @>ODL BCBQFSL AB .OL@RO>ALO> (RObAF@>? M>PP>KAL A> ;D9KK= ??? M>O> ?D9KK= ????? @LKCLOJB BPQ>?BIB@B G ?JL? ??? c?g <9 (=A ?GEHD=E=FL9J Fg ???? <= ?? <= /=L=E:JG <= ?????? OBCBOBKQB >L >KRa? KFL????????????>???????????? .OBPFABKQB 4BOB>ALO? 03,-?*',1?0'-1 ?n?1B@OBQ[OFL ?JL? ?g t? #PQ> .LOQ>OF> BKQO>O[ BJ SFDLO K> A>Q> AB PR> MR?IF@>_^L? OBSL? D>A>P?>P?AFPMLPF_eBP?BJ?@LKQO[OFL? ! %0?(?*g???????????+)%//j+?!/,!?%?(? !??+*?1./+?,x?(%?+??r)?.??)1*%?%,?(? !?2t.6!??#.?* !?)0 ! %0?(?*g???????????+)%//j+?!/,!?%?(? !??+*?1./+?,x?(%?+?? !??????????? + ,.!/% !*0! ? ?r)?.? )1*%?%,?( ! 2t.6!? #.?* !?)0 = 9 ,.!/% !*0! ? ?+)%//j+ !/,!?%?( + ?+*?1./+? KL RPL AB PR>P >QOF?RF_eBP IBD>FP? SFP>KAL >L MOLSFJBKQL AB @>ODLP K> !]J>O> +RKF@FM>I AB 4[OWB> %O>KAB? B BJ @RJMOFJBKQL >L AFPMLPQL K> !LKPQFQRF_^L $BABO>I? KL "B@OBQL $BABO>I Kn ???????? >IQBO>AL MBIL "B@OBQL $BABO>I Kn ??????????? K> *BF +RKF@FM>I Kn ?????? AB ?? AB KLSBJ?OL AB ???? B PR>P >IQBO>_eBP? ?BJ @LJL > *BF !LJMIBJBKQ>O Kn ?????? AB ?? AB PBQBJ?OL AB ????? A> *BF !LJMIBJBKQ>O Kn ?????? AB ?? AB CBSBOBFOL AB ????? BJ OBI>_^L \ OBBPQORQRO>_^L AL .I>KL AB !>ODLP? !>OOBFO>P B 1>I[OFLP ? .!!1 ALP 1BOSFALOBP .f?IF@LP +RKF@FM>FP A> !]J>O> +RKF@FM>I AB 4[OWB> %O>KAB?+2? A> *BF @LJMIBJBKQ>O Kn ???? AB ?? AB KLSBJ?OL AB ????? A> *BF $BABO>I Kn ???????? B PR>P >IQBO>_eBP? ?BJ @LJL BJ LRQO>P IBDFPI>_eBP BJ SFDLO >Q` > PR> MR?IF@>_^L B K> IBDFPI>_^L @FQ>A> KLP FQBKP >?>FUL? QLOK> Mf?IF@L L MOBPBKQB #AFQ>I? @LKQBKAL >P KLOJ>P? OLQFK>P B MOL@BAFJBKQLP NRB OBDBJ L !LK@ROPL .f?IF@L ABPQFK>AL > PBIB@FLK>O @>KAFA>QLP M>O> MOLSFJBKQL AB S>D>P B CLOJ>_^L AB @>A>PQOL AB OBPBOS> AL /R>AOL AB .BPPL>I #CBQFSL A> ?XE9J9?)MFA;AH9D?<=?2VJR=9?#J9F<=?)0??BJ?@LKCLOJFA>AB?@LJ?>?LCBOQ>?AB?S>D>P?@LKPQ>KQB?AL ?F=PG?%% ABPQB?#AFQ>I? ??? ?/? %/,+/%Sk!/?,.!(%)%*?.!/ ??? - @LK@ROPL Mf?IF@L PBO[ OBDFAL MLO BPQB #AFQ>I? PBRP ?KBULP B BSBKQR>FP MLPQBOFLOBP OBQFCF@>_eBP B @LJMIBJBKQ>_eBP? FKPQOR_eBP KLOJ>QFS>P? @LJR? KF@>ALP? >SFPLP B KLQ>P LCF@F>FP KL BKABOB_L BIBQOdKF@L AL @LK@ROPL B >P LOFBKQ>_eBP AL !>OQ^L AB !LKSL@>_^L AB #Q>M> ?!!#?? ALP #AFQ>FP AB !LKSL? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  2. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? @>_eBP? A>P !>M>P A>P .OLS>P B AL !>OQ^L AB 0BPMLPQ>P? 1R> BUB@R_^L @>?BO[ >L 'KPQFQRQL ,>@FLK>I AB 1BIB_eBP B !LK@ROPLP t %FKLALMLG /=D=;GF? FKPQFQRF_^L @LJ >QR>_^L BJ ]J?FQL K>@FLK>I? BPMB@F>IFW>A> BJ @LK@ROPLP Mf?IF@LP? @LKQO>Q>A> MBI> ?XE9J9 )MFA;AH9D <= 2VJR=9 #J9F<=?)0 M>O> > LOD>KFW>_^L?B?BUB@R_^L?AL?@BOQ>JB? ????? - %FKLALMLG?/=D=;GF?HJ=KL9JV?AF>GJE9Z`=K?=?=K;D9J=;AE=FLGK?9G?;9F<A<9LG?9LJ9N[K?<GK?K=?MAFL=K?E=AGK? ?=FLJ9D?L=D=>_FA;9??H9J9?AF>GJE9Z`=K?=?=K;D9J=;AE=FLGK?? /=JNAZG?<=??L=F<AE=FLG?9G??9F<A<9LG??/???? ???????????????B?.? 6??????????????????PLJBKQB?BJ?AF>P?fQBFP??A>P??E?\P???E? ,GKLG?<=?%F>GJE9Z`=K?/!(!?+*???(G;9D? ?SBKFA>?&FPQLOF>ALO?0R?BKP?AB?+BKALK_>???????t?P>I>?????(>OAFJ??@IFJ>_^L???!RF>?[?+2 '??.BObLAL?B?ELO[OFL?AB?CRK@FLK>JBKQL??>?M>OQFO?A>P???E??AL?AF>?????????????PLJBKQB?BJ?AF>P?fQBFP??A>P??E?\P???E? ''??$RK_^L??M>O>?S>ILO?FKCLOJ>_eBP??LOFBKQ>_eBP?B?BP@I>OB@FJBKQLP?>L?@>KAFA>QL? !F<=J=ZG?!D=LJ_FA;G?/=D=;GF? OOO?K=D=;GF?GJ??:J !?E9AD?<G?;GF;MJKG?H9J9?;GFL9LG?<=?;9F<A<9LG? >9D=;GFGK;G?K=D=;GF?GJ??:J ????? .>O> BKSFL AB AL@RJBKQL?P? >L 'KPQFQRQL 1BIB@LK? NR>KAL BUFDFAL KBPQB BAFQ>I LR PLIF@FQ>AL MBI> -OD>KFW>_^L AL @BOQ>JB? L @>KAFA>QL ABSBO[ MOL? @BABO?A>?PBDRFKQB?CLOJ>? ,9J9?=FNAG?<=?<G;ME=FLG?K?? /R>KAL BUFDFAL MLO BAFQ>I? PLJBKQB >QO>S`P AB A<8;.1 ?BKSFL AB AL@RJBKQL AFDFQ>IFW>AL? SF> FKQBOKBQ? MLO JBFL AB >ONRFSL BIBQOdKF@L?? >QO>S`P AL site OOO?K=D=;GF?GJ??:J??KL?M>FKBI?AL?@>KAFA>QL? ??? - @LK@ROPL Mf?IF@L AB NRB QO>Q> BPQB #AFQ>I @LKPFPQFO[ AB BU>JBP AB E>?FIFA>ABP B @LKEB@FJBKQLP? >CBOFALP MLO JBFL AB >MIF@>_^L AB >Q` ? ?AR>P? BQ>M>P? @LKCLOJB L @>ODL? >QO>S`P A> >MIF@>_^L AB MOLS> L?GBQFS>? M>O> QLALP LP @>ODLP? AB @>O[QBO BIFJFK>QcOFL B @I>PPFCF@>QcOFL? >I`J AB MOLS> AB QbQRILP? PLJBKQB?M>O>?@>ODLP?AB?KbSBI?PRMBOFLO??AB?@>O[QBO?@I>PPFCF@>QcOFL? ??? ?P?MOLS>P?PBO^L?>MIF@>A>P?KL )MFA;]HAG?<=?2VJR=9?#J9F<=?)0? ????? ,^L E>SBKAL AFPMLKF?FIFA>AB AB IL@>FP PRCF@FBKQBP LR >ABNR>ALP KL )MFA;]HAG <= 2VJR=9 #J9F<=?)0 M>O> > OB>IFW>_^L A>P MOLS>P? BPQ>P PBO^L OB>IFW>A>P?Q>J?`J?BJ?JRKF@bMFLP?IFJbQOLCBP? ??? 2LA>?JBK_^L?>?ELO[OFL?KBPQB?#AFQ>I?QBO[?@LJL?OBCBOaK@F>?L?ELO[OFL?LCF@F>I?AL )MFA;]HAG?<=?2VJR=9?#J9F<=?)0 ??? +??.+*+#.?)???2?#?/????.#+/?$??%(%0?Sj+?,.+"%//%+*?(???0.%?1%Sk!/?!??+*0!x +/?,.+#.?)t0%?+/? ??? - ?JGFG?J9E9 AB A>Q>P MOBSFPQ>P B MOLS[SBFP AL !LK@ROPL BK@LKQO>?PB KL ?F=PG % ABPQB BAFQ>I? ?P A>Q>P A>P C>PBP AL !LK@ROPL MLABJ PLCOBO >IQBO>_eBP @LKCLOJB > KB@BPPFA>AB B L FKQBOBPPB Mf?IF@L? MLOQ>KQL L @>KAFA>QL ABSB >@LJM>KE>O BSBKQR>FP AFSRID>_eBP AB BAFQ>FP OBQFCF@>ALOBP >QO>S`P ABPQB?PFQB? ??? - -M9<JG?#=J9D?<=?29?9K @LKPQ>?AL ?F=PG?%% ABPQB?#AFQ>I??PBKAL?BI>P?AFPQOF?RbA>P?MLO?@>ODL?E>?FIFQ>_^L?MOLCFPPFLK>I? ??? - -M9<JG <= ?9J?GK?,=J>AD ,JG>AKKAGF9D? 0BNRFPFQLP [PF@LP? (LOK>A> AB 2O>?>IEL 1BJ>K>I B 0BJRKBO>_^L 'KF@F>I @LKPQ> AL ?F=PG %%% ABPQB #AF? Q>I? ??? ?P ?LJA:MAZ`=K?#=J9AK?<GK??9J?GK @LKPQ>J?AL ?F=PG?%2 ABPQB?#AFQ>I? ??? -P ?GFL=a<GK?,JG?J9EVLA;GK M>O>?BPQRAL?@LKPQ>J?AL ?F=PG?2 ABPQB?#AFQ>I? ??? -?JLABIL?AB =;D9J9ZYG?<=??9J\F;A9?!;GF_EA;9 @LKPQ>?AL ?F=PG?2% ABPQB?#AFQ>I? ??? #J >QBKAFJBKQL ?OQFDL ??? 'K@FPL 4'''? A> !LKPQFQRF_^L $BABO>I? *BF Kn ?????? AB ?? AB LRQR?OL AB ????? OBDRI>JBKQ>A> MBIL "B@OBQL $BABO>I Kn ?? ???? AB ?? AB ABWBJ?OL AB ????? >IQBO>AL MBIL "B@OBQL $BABO>I Kn ?????? AB ?? AB ABWBJ?OL ????? L @>KAFA>QL @LJ ABCF@FaK@F> @LK@LOOBO[ > QLA>P >P S>D>P??PBKAL?OBPBOS>AL?KL?JbKFJL?L?MBO@BKQR>I?AB ????;AF;G?HGJ?;=FLG? BJ?C>@B?A>?@I>PPFCF@>_^L?L?QFA>?KL?@>ODL?E>?FIFQ>_^L?MOLCFPPFLK>I? ??? -?0BDFJB?(RObAF@L?M>O>?QLALP?LP?@>ODLP?AB?NRB?QO>Q>?BPQB?#AFQ>I?PBO[?L?BPQ>QRQ[OFL? ??? +/?.!-1%/%0+/?,?.????%*2!/0% 1.??*+???.#+ ??? .>O> FKSBPQFARO> KL @>ODL ABPQB @LK@ROPL Mf?IF@L? L @>KAFA>QL ABSBO[ P>QFPC>WBO QLA>P >P BUFDaK@F>P A>P IBFP ?O>PFIBFO>P? >I`J ALP OBNRFPFQLP >?>FUL? 9? QBO?PFAL?>MOLS>AL?KL?MOBPBKQB?@LK@ROPL? :? QBO K>@FLK>IFA>AB ?O>PFIBFO> B? KL @>PL AB K>@FLK>IFA>AB MLOQRDRBP>? BPQ>O >JM>O>AL MBIL BPQ>QRQL AB FDR>IA>AB BKQOB ?O>PFIBFOLP B MLOQRDRBPBP? @LJ OB@LKEB@FJBKQL AL DLWL ALP AFOBFQLP MLIbQF@LP? KLP QBOJLP AL M>O[DO>CL ?n AL >OQFDL ?? A> !LKPQFQRF_^L $BABO>I B K> CLOJ> AL AFPMLPQL KL >OQFDL ?? AL "B@OBQL?Kn?????????AB????AB?>?OFI?AB?????? ;? BPQ>O?BJ?DLWL?ALP?AFOBFQLP?MLIbQF@LP? <? BPQ>O?BJ?AF>?@LJ?>P?L?OFD>_eBP?AL?1BOSF_L?+FIFQ>O??M>O>?LP?@>KAFA>QLP?AL?PBUL?J>P@RIFKL? =? BPQ>O?NRFQB?@LJ?>P?L?OFD>_eBP?BIBFQLO>FP?B?@LJ?L?CFP@L?JRKF@FM>I? >? @LJMOLS>O??MLO?L@>PF^L?A>?MLPPB??LP?OBNRFPFQLP??[PF@LP?BUFDFALP?M>O>?L?@>ODL?E>?FIFQ>_^L?MOLCFPPFLK>I??@LKCLOJB?FQBJ?????ABPQB?#AFQ>I? ?? MLPPRFO >MQFA^L CbPF@> B JBKQ>I M>O> L BUBO@b@FL A>P >QOF?RF_eBP AL @>ODL? @LJMOLS>A> MLO BU>JBP J`AF@LP? > CFJ AB ABQB@Q>O ALBK_>P FK@>M>@FQ>KQBP MO`?BUFPQBKQBP?B?FK@LJM>QbSBFP?@LJ?L?BUBO@b@FL?AL?@>ODL??OB>IFW>AL?MLO?GRKQ>?J`AF@>?LCF@F>I? @? QBO?FA>AB?JbKFJ>?AB?????ABWLFQL??>KLP?K>?A>Q>?A>?MLPPB? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  3. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? A? K^L?BPQ>O?FK@LJM>QF?FIFW>AL?M>O>?KLS>?FKSBPQFARO>?BJ?@>ODL?Mf?IF@L? B? >MOBPBKQ>O @BOQFA^L @LJMOL?>QcOF> AB OBDFPQOL KL OBPMB@QFSL !LKPBIEL AB !I>PPB? PB ELRSBO? NR>KAL OBNRFPFQL M>O> L @>ODL? AB K^L BPQ>O @RJMOFKAL MBK>IFA>AB FJMLPQ> >McP OBDRI>O MOL@BPPL >AJFKFPQO>QFSL NRB L FJMB_>? >FKA> NRB QBJMLO>OF>JBKQB? AB BUBO@BO > MOLCFPP^L ?PRPMBKP^L? BQ@??? ?BJ @LJL BPQ>O?FKQBFO>JBKQB?NRFQB?@LJ?>P?ABJ>FP?BUFDaK@F>P?IBD>FP?AL?cOD^L?CFP@>IFW>ALO?AL?BUBO@b@FL?MOLCFPPFLK>I? C? K^L L@RM>O LR OB@B?BO MOLSBKQLP AB >MLPBKQ>ALOF> AB @>ODL? BJMOBDL LR CRK_^L Mf?IF@> NRB @>O>@QBOFWBJ >@RJRI>_^L FIb@FQ>? K> CLOJ> AL >OQFDL ??? FK@FPL?64'??A>?!LKPQFQRF_^L?$BABO>I? D? >MOBPBKQ>O AB@I>O>_^L ALP ?BKP B S>ILOBP NRB @LKPQFQRBJ PBR M>QOFJdKFL B AB@I>O>_^L AB K^L BUBO@BO NR>INRBO >QFSFA>AB Mf?IF@> LR MOFS>A> FK@LJM>? QbSBI?@LJ?L?BUBO@b@FL?AB?PR>?CRK_^L? E? >MOBPBKQ>O !BOQFAeBP ,BD>QFS>P !bSBFP B !OFJFK>FP A> (RPQF_> $BABO>I B A> (RPQF_> #PQ>AR>I ALP IRD>OBP LKAB QBKE> OBPFAFAL KLP fIQFJLP ? ?@FK@L? >KLP? F? >MOBPBKQ>O?!`ARI>?AB?'ABKQFA>AB??0%??B?!>A>PQOL?AB?.BPPL>?$bPF@>??!.$?+$?? G? >MOBPBKQ>O?!BOQFAeBP?,BD>QFS>P?AB?MBK>IFA>ABP?AL?#PQ>AL?AB?+>QL?%OLPPL?B?AL?+RKF@bMFL?AB?4[OWB>?%O>KAB? H? >MOBPBKQ>O?LRQOLP?AL@RJBKQLP?NRB?PB?CFWBOBJ?KB@BPP[OFLP?B?OBI>@FLK>ALP?KL?BAFQ>I?AB?@LKSL@>_^L??MLO?L@>PF^L?A>?@LKSL@>_^L?M>O>?>?MLPPB? ??? ,L >QL A> MLPPB? QLALP LP OBNRFPFQLP BPMB@FCF@>ALP KL PR?FQBJ ???? B >NRBIBP NRB SFBOBJ > PBO BPQ>?BIB@FALP BJ CRK_^L A> >IbKB> uMv AL JBPJL PR?FQBJ ABSBO^L PBO @LJMOLS>ALP JBAF>KQB > >MOBPBKQ>_^L AB AL@RJBKQL LOFDFK>I GRKQ>JBKQB @LJ CLQL@cMF>? PBKAL FJMBAFAL AB QLJ>O MLPPB >NRBIB NRB?K^L?LP?>MOBPBKQ>O??@LJ?@LKPBNRBKQB?MR?IF@>_^L?AB?>QL?QLOK>KAL?PBJ?BCBFQL?PR>?KLJB>_^L? ??? #PQ>O[?FJMBAFAL?AB?PBO?BJMLPP>AL?L?@>KAFA>QL?NRB? 9? ABFU>O?AB?@LJMOLS>O?LP?OBNRFPFQLP?BPMB@FCF@>ALP?KL?PR?FQBJ?????? :? QFSBO?PFAL?ABJFQFAL??>??BJ?AL?PBOSF_L?Mf?IF@L??MLO?FKCO>_^L?\?IBDFPI>_^L?MBOQFKBKQB? ;? QBKE>?MO>QF@>AL?NR>INRBO?>QL?ABP>?LK>ALO?A>?PR>?@LKARQ>??ABQB@Q>AL?MLO?JBFL?ALP?AL@RJBKQLP?>MOBPBKQ>ALP?M>O>?>?MLPPB? <? K^L?@LJMOLS>O?@LJM>QF?FIFA>AB?AB?ELO[OFLP?KLP?@>PLP?AB?>@fJRIL?AB?@>ODLP?Mf?IF@LP?AB?>@LOAL?@LJ?L?>OQFDL?????FK@FPL?64'?A>?!LKPQFQRF_^L?$BABO>I? ??? ? MOBPQ>_^L AB FKCLOJ>_^L C>IP>? C>IPFCF@>_^L LR > K^L BKQOBD> ALP AL@RJBKQLP BIFJFK>O[ L @>KAFA>QL AL !LK@ROPL .f?IF@L? > NR>INRBO QBJML? >KRI>KAL?PB?QLALP?LP?>QLP?AB@LOOBKQBP?A>?FKP@OF_^L??PBJ?MOBGRbWL?A>P?P>K_eBP?MBK>FP?>MIF@[SBFP? ??? - K^L @LJM>OB@FJBKQL AL @>KAFA>QL >MOLS>AL M>O> QLJ>O MLPPB LR > K^L >MOBPBKQ>_^L A> AL@RJBKQ>_^L BUFDFA> KL PR?FQBJ ???? B >IbKB>P KL MO>WL?IBD>I?>@>OOBQ>O[?>?MBOA>?AL?AFOBFQL?\?S>D>? ??? ?/?!0?,?/? +??+*?1./+ ??? +??GF;MJKG?,a:DA;G?<=?IM=?LJ9L9?=KL=?!<AL9D?L=JV?9K?K=?MAFL=K?=L9H9K??<=?9;GJ<G?;GE?G?;9J?G?9?K=J?HJGNA<G? 0T?*%?+?(!#%/(?0%2+??? )%*%/0.?0%2+???.-1%2%/0???"+0v#.?"+?!?0T?*%?+?!)?%*"+.)t0%??????*u2!(?)T %+ 9? ,JAE=AJ9?!L9H9? .OLS>?-?GBQFS>?AB?+fIQFMI>?#P@LIE>??AB?@>O[QBO?BIFJFK>QcOFL?B?@I>PPFCF@>QcOFL? ?*?(%/0??(!#%/(?0%2+???+*0? +.??? 2+#? +?!?!*#!*$!%.+??%2%(??l?*u2!(?/1,!.%+.? 9? ,JAE=AJ9?!L9H9? .OLS>?-?GBQFS>?AB?+fIQFMI>?#P@LIE>??AB?@>O[QBO?BIFJFK>QcOFL?B?@I>PPFCF@>QcOFL? :? /=?MF<9?!L9H9? ?S>IF>_^L?AB?2bQRILP??AB?@>O[QBO?@I>PPFCF@>QcOFL? ??? ?/?%*/?.%Sk!/ ??? AKHGKAZ`=K?#=J9AK?KG:J=?9K?AFK;JAZ`=K? ????? ? FKP@OF_^L AL @>KAFA>QL FJMIF@>O[ L @LKEB@FJBKQL A>P MOBPBKQBP FKPQOR_eBP B > >@BFQ>_^L A>P @LKAF_eBP AL !LK@ROPL .f?IF@L? Q>FP @LJL PB >@E>J BPQ>?BIB@FA>P KBPQB #AFQ>I B K>P KLOJ>P IBD>FP MBOQFKBKQBP? ?BJ @LJL BJ BSBKQR>FP >SFPLP? OBQFCF@>_eBP? BSBKQR>FP BAFQ>FP @LJMIBJBKQ>OBP LR OBQFCF@>ALOBP??B?FKPQOR_eBP?BPMB@bCF@>P?M>O>?>?OB>IFW>_^L?AL?@BOQ>JB??>@BO@>?A>P?NR>FP?K^L?MLABO[?>IBD>O?ABP@LKEB@FJBKQL?BJ?JLJBKQL?>IDRJ? ????? ,L?>QL?A>?FKP@OF_^L??L?@>KAFA>QL?ABSBO[?LMQ>O?MLO?RJ@>ODL?E>?FIFQ>_^L?MOLCFPPFLK>I??ABKQOB?LP?MOBSFPQLP?KBPQB?#AFQ>I? ????? -?GBQFS>KAL BSFQ>O dKRP ABPKB@BPP[OFL? L @>KAFA>QL ABSBO[ LOFBKQ>O?PB KL PBKQFAL AB KGE=FL= =>=LM9J 9 AFK;JAZYG = J=;GD@=J G N9DGJ J=KH=;LANG 9H^K LGE9J ;GF@=;AE=FLG <G <AKHGKLG F=KL= !<AL9D = K=MK 9F=PGK? B @BOQFCF@>O?PB AB NRB MOBBK@EB QLALP LP OBNRFPFQLP BUFDFALP M>O> L @>ODL?E>?FIF? Q>_^L?MOLCFPPFLK>I? ????? ?P FKCLOJ>_eBP MOBPQ>A>P KL $LOJRI[OFL #IBQOdKF@L AB 'KP@OF_^L LR KL $LOJRI[OFL #IBQOdKF@L AB 0BNRBOFJBKQL AB 'PBK_^L P^L AB FKQBFO> OBPMLK? P>?FIFA>AB AL @>KAFA>QL? BUFJFKAL?PB > ?XE9J9 )MFA;AH9D <= 2VJR=9 #J9F<=?)0 B L %FKLALMLG /=D=;GF AB NR>FPNRBO >QLP LR C>QLP AB@LOOBKQBP AB FKCLOJ>_^L?FK@LOOBQ>??BKABOB_L?FKBU>QL?LR?FK@LJMIBQL?LR?LM_^L?FK@LOOBQ>?OBCBOBKQB?>LP?@>ODLP?MOBQBKAFALP?MBIL?@>KAFA>QL? ????? "B@I>O>_eBP C>IP>P LR FKBU>Q>P @LKPQ>KQBP AL $LOJRI[OFL #IBQOdKF@L AB 'KP@OF_^L ABQBOJFK>O^L L @>K@BI>JBKQL A> FKP@OF_^L B > >KRI>_^L AB QLALP LP?>QLP?ABI>?AB@LOOBKQBP??BJ?NR>INRBO?`ML@>??PBJ?MOBGRbWL?A>P?P>K_eBP?@FSFP?B?MBK>FP?@>?bSBFP??PBKAL?>PPBDRO>AL?>L?@>KAFA>QL?L?AFOBFQL?AB?OB@ROPL? ????? ,L >QL A> FKP@OF_^L K^L PB BUFDFO[ AL @>KAFA>QL BKSFL AB @cMF> AFDFQ>IFW>A> AB KBKERJ AL@RJBKQL? PBKAL AB PR> BU@IRPFS> OBPMLKP>?FIFA>AB > SBO>@FA>AB B BU>QFA^L ALP A>ALP FKCLOJ>ALP KL $LOJRI[OFL #IBQOdKF@L AB 'KP@OF_^L? PL? >P MBK>P A> IBF? BU@BQR>KAL?PB LP @>PLP AB 0BNRBOFJBKQL #IB? QOdKF@L?AB?'PBK_^L?AL?M>D>JBKQL?AL?S>ILO?A>?FKP@OF_^L?B?>P?.BPPL>P?@LJ?"BCF@FaK@F>? ????? -?S>ILO?AB?FKP@OF_^L?M>DL?MBIL?@>KAFA>QL?`?MBPPL>I?B?FKQO>KPCBObSBI? ????? ,^L?PBO^L?>@BFQ>P?>P?PLIF@FQ>_eBP?AB?FKP@OF_^L?NRB?K^L?>QBKABOBJ?>L?BPQ>?BIB@FAL?KBPQB?#AFQ>I? ??????? -?@>K@BI>JBKQL?A>P?FKP@OF_eBP?QBO[?@LJL??>PB?LP?MOL@BAFJBKQLP?ABP@OFQLP?>?>FUL? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  4. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? 9? PBO[?@LKPFABO>A>?S[IFA>?B?BCBQFS>A>?>MBK>P?>?fIQFJ>?FKP@OF_^L?M>O>?L?JBPJL?@>ODL?DBO>A>?KL?PFQB?B?M>D>?MBIL?@>KAFA>QL? :? M>O>?>?FPBK_^L?PBO[?@LKPFABO>A>?S[IFA>?B?BCBQFS>A>?>MBK>P?>?fIQFJ>?FKP@OF_^L?ABCBOFA>? ????? ? MOLS> AL @>ODL AB ?K>IFPQ> *BDFPI>QFSL ?KbSBI PRMBOFLO? PBO[ >MIF@>A> KL QROKL A> J>KE^? B > MOLS> AB 2`@KF@L *BDFPI>QFSL ?KbSBI J`AFL? PBO[ >MIF@>A>?KL?QROKL?A>?Q>OAB? ?????? ,^L?PBO[?MBOJFQFA>?>?OB>IFW>_^L?AB?MOLS>?M>O>?J>FP?AB?RJ?@>ODL??MBIL?JBPJL?@>KAFA>QL??MLO?QROKL?AB?>MIF@>_^L?AB?MOLS>? ?????? ,^L E>SBO[ ABSLIR_^L A> FJMLOQ]K@F> M>D>? >FKA> NRB BCBQR>A> BJ S>ILO PRMBOFLO LR FKCBOFLO AL NRB L BPQ>?BIB@FAL? BJ ARMIF@FA>AB? OB>IFW>A> AB CLOJ> BUQBJMLO]KB> LR M>O> @>ODL @LJ MBOCFI MOLCFPPFLK>I AFCBOBKQB? PBG> NR>I CLO L JLQFSL? ? ABSLIR_^L A> FJMLOQ]K@F> M>D> PLJBKQB L@LOOBO[ PB L !LK@ROPL?.f?IF@L?K^L?PB?OB>IFW>O? ?????? !LKPQ>Q>A> >IDRJ> FOOBDRI>OFA>AB MO>QF@>A> MBIL @>KAFA>QL? > NR>INRBO QBJML? > FKP@OF_^L AL @>KAFA>QL PBO[ >RQLJ>QF@>JBKQB @>K@BI>A>? @LKPF? ABO>ALP?KRILP?QLALP?LP?>QLP?ABI>?AB@LOOBKQBP? ?????? #PQ^L FJMBAFALP AB M>OQF@FM>O ABPQB @LK@ROPL Mf?IF@L? LP PBOSFALOBP Mf?IF@LP A> ?XE9J9 )MFA;AH9D <= 2VJR=9 #J9F<=?)0? NRB QBKE>J >QR>AL K>P >QFSFA>ABP AB BI>?LO>_^L B BUB@R_^L AL @BOQ>JB BJ QBI> B?LR QLJ>AL @LKEB@FJBKQL MO`SFL AB @LKQBfALP ABPQB BAFQ>I B?LR AB PR>P BSBKQR>FP OBQFCF? @>_eBP??>?CFJ?AB?NRB?K^L?PB?@LJMOLJBQ>?>?FPLKLJF>?AL?@BOQ>JB?Mf?IF@L? ?????? !LKPQ>Q>A>? BJ NR>INRBO C>PB AL @LK@ROPL? FKP@OF_^L AB @>KAFA>QL K> PFQR>_^L AB NRB QO>Q> L PR?FQBJ >KQBOFLO? E>SBO[ FKABCBOFJBKQL? B L @>KAF? A>QL?PBO[?BIFJFK>AL?AL?@LK@ROPL?Mf?IF@L? ?????? ? FKP@OF_^L AL @>KAFA>QL FJMIF@>O[ L PBR @LKEB@FJBKQL B > Q[@FQ> >@BFQ>_^L A>P KLOJ>P B @LKAF_eBP BPQ>?BIB@FA>P KBPQB #AFQ>I? PBRP ?KBULP? #AFQ>FP?!LJMIBJBKQ>OBP??0BQFCF@>ALOBP?B?BSBKQR>FP?MLPQBOFLOBP?>IQBO>_eBP??'KPQOR_eBP?,LOJ>QFS>P??A>P?NR>FP?K^L?MLABO[?>IBD>O?ABP@LKEB@FJBKQL? ????? GK?,JG;=<AE=FLGK?H9J9?%FK;JAZYG? ????? ?P FKP@OF_eBP M>O> L !LK@ROPL .f?IF@L PBO^L OB>IFW>A>P MBI> Internet? PLJBKQB >QO>S`P AL BKABOB_L BIBQOdKF@L TTT?PBIB@LK?LOD??O B BK@LKQO>O?PB? ^L >?BOQ>P > M>OQFO??E??JFK <G <A9 ?????????? 9L[ 9K ??@??EAF <G <A9 ??????????? K=F<G G <A9 ?????????? LfIQFJL AF> M>O> L M>D>JBKQL AL ?LIBQL ?>K@[OFL??L?PBOS>AL?L?ELO[OFL?AB?4[OWB>?%O>KAB?+2? ????? .>O> FKP@OBSBO?PB KBPQB !LK@ROPL .f?IF@L? L @>KAFA>QL ABSBO[? ARO>KQB L MBObLAL A>P FKP@OF_eBP? BCBQR>O PR> FKP@OF_^L PLJBKQB >QO>S`P AL BKAB? OB_L?BIBQOdKF@L?TTT?PBIB@LK?LOD??O???@LKCLOJB?LP?MOL@BAFJBKQLP?BPQ>?BIB@FALP?>?PBDRFO? 9? IBO?>QBKQ>JBKQB?BPQB?#AFQ>I? :? MOBBK@EBO L $LOJRI[OFL #IBQOdKF@L AB 'KP@OF_^L? K> [OB> AL @LK@ROPL? B QO>KPJFQFO LP A>ALP MBI> Internet? MOLSFABK@F>KAL > FJMOBPP^L AL @LJMOLS>KQB AB?'KP@OF_^L?CFK>IFW>A>? ;? FJMOFJFO L ?LIBQL ?>K@[OFL AL >K@L AL O>PFI? K> [OB> AL @LK@ROPL? B BCBQR>O L M>D>JBKQL A> FJMLOQ]K@F> OBCBOBKQB \ FKP@OF_^L ABP@OFQ> KL FQBJ ???? ??ABPQB?#AFQ>I??>Q`?L?AF>?AL?SBK@FJBKQL??BJ?NR>INRBO?>DaK@F>??>K@[OF>? <? L?@>KAFA>QL?NRB?K^L?BCBQR>O?L?M>D>JBKQL?A>?FKP@OF_^L?CF@>O[?FJMLPPF?FIFQ>AL?AB?M>OQF@FM>O?AL?@LK@ROPL? ????? - S>ILO AB FKP@OF_^L PBO[ AB .? ????? ?FGN=FL9 = <GAK J=9AK? H9J9 ;9J?GK <= *]N=D )[<AG = <= .? ?????? ?;=FLG = NAFL= J=9AK? H9J9 ;9J?GK <= *]N=D?/MH=JAGJ? ????? 1B ELRSBO CBOF>AL LR BSBKQL BUQO>LOAFK[OFL NRB >@>OOBQB L CB@E>JBKQL AB >DaK@F>P ?>K@[OF>P K> A>Q> AB SBK@FJBKQL AL ?LIBQL ?>K@[OFL? PLJBKQB KBPPB?@>PL?L?@>KAFA>QL?MLABO[?BCBQR>O?L?PBR?M>D>JBKQL?KL?MOFJBFOL?AF>?fQFI?>L?AF>?AB?SBK@FJBKQL? ????? ,^L PBO[ >@BFQL M>D>JBKQL AL S>ILO A> FKP@OF_^L MLO JBFL AB @EBNRB? ABMcPFQL BJ @>FU> BIBQOdKF@L? MBILP !LOOBFLP? QO>KPCBOaK@F> BIBQOdKF@>? "-!? 2#"? "-! BIBQOdKF@L? >DBKA>JBKQL AB M>D>JBKQL? LOABJ AB M>D>JBKQL LR ABMcPFQL @LJRJ BJ @LKQ> @LOOBKQB? @LKAF@FLK>I LR CLO> AL MBObLAL AB FKP@OF_^L?LR?MLO?NR>INRBO?LRQOL?JBFL?NRB?K^L?LP?BPMB@FCF@>ALP?KBPQB?#AFQ>I? ????? ? ?XE9J9 )MFA;AH9D <= 2VJR=9 #J9F<= B L %FKLALMLG /=D=;GF K^L PB OBPMLKP>?FIFW>J NR>KAL LP JLQFSLP AB LOABJ Q`@KF@> K^L IEBP CLOBJ FJMR? Q[SBFP? MLO FKP@OF_eBP LR MBAFALP AB FPBK_^L K^L OB@B?FALP MLO C>IE>P AB @LJRKF@>_^L? @LKDBPQFLK>JBKQL A>P IFKE>P AB @LJRKF@>_^L A> FKQBOKBQ? C>IE>P AB FJMOBPP^L? MOL?IBJ>P AB LOABJ Q`@KF@> KLP @LJMRQ>ALOBP RQFIFW>ALP MBILP @>KAFA>QLP? ?BJ @LJL MLO LRQOLP C>QLOBP >IEBFLP NRB FJMLPPF?FIFQBJ > QO>KPCBOaK@F>?ALP?A>ALP?B?>?FJMOBPP^L?AL??LIBQL??>K@[OFL? ????? ??CLOJ>IFW>_^L?A>?FKP@OF_^L?PLJBKQB?PB?A>O[? 9? @LJ?L?>ABNR>AL?MOBBK@EFJBKQL?AB?QLALP?LP?@>JMLP?AL?$LOJRI[OFL?#IBQOdKF@L?AB?'KP@OF_^L?MBIL?@>KAFA>QL? :? @LJ > BCBQFS> NRFQ>_^L AL ?LIBQL ?>K@[OFL B BJFPP^L AB @LJMOLS>KQB AB LMBO>_^L BJFQFAL MBI> FKPQFQRF_^L ?>K@[OF> > PBO BK@>JFKE>AL >L %FKLALMLG /=D=;GF? M>O>?>?BCBQFS>_^L?A>?FKP@OF_^L? ????? - ABP@RJMOFJBKQL A>P FKPQOR_eBP M>O> > FKP@OF_^L MBI> Internet FJMIF@>O[ > FYG =>=LAN9ZYG <9 AFK;JAZYG? >PPBDRO>AL L AFOBFQL AB OB@ROPL MOBSFPQL KL?FQBJ????ABPQB?#AFQ>I? ????? -?@LJMOLS>KQB?AB?FKP@OF_^L?AL?@>KAFA>QL?PBO[?L?MOcMOFL??LIBQL??ABSFA>JBKQB?NRFQ>AL??B?LR?PBR?@LJMOLS>KQB?AB?M>D>JBKQL? ?????? Z AB FKQBFO> OBPMLKP>?FIFA>AB AL @>KAFA>QL > J>KRQBK_^L? PL? PR> DR>OA>? AL ?LIBQL ?>K@[OFL NRFQ>AL B?LR @LJMOLS>KQB AL M>D>JBKQL AL ?LIBQL @LJ?L?S>ILO?AB?FKP@OF_^L??M>O>?MLPQBOFLO?>MOBPBKQ>_^L??PB?KB@BPP[OFL? ?????? ? M>OQFO AB ?????????? L @>KAFA>QL ABSBO[ @LKCBOFO KL PFQB AL %FKLALMLG /=D=;GF? >QO>S`P AL link u.>FKBI AL !>KAFA>QLv? PB LP A>ALP A> FKP@OF_^L CLO>J OB@B?FALP B L M>D>JBKQL MOL@BPP>AL? #J @>PL KBD>QFSL? PB L @>KAFA>QL QFSBO NRFQ>AL L ?LIBQL >Q` L SBK@FJBKQL? ABSBO[ BKQO>O BJ @LKQ>QL @LJ L 1BOSF_L AB ?QBKAFJBKQL >L !>KAFA>QL ? 1?! AL %FKLALMLG /=D=;GF LR MBILP JBFLP MOBSFPQLP KL PR?FQBJ ?????? AB PBDRKA> > PBUQ>?CBFO> ?PLJBKQB BJ AF>P?fQBFP???A>P ?@?WK???@ ?ELO[OFL?AB 2VJR=9?#J9F<=?)0???M>O>?SBOFCF@>O?L?L@LOOFAL? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  5. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ?????? -P BSBKQR>FP BOOLP AB AFDFQ>_^L SBOFCF@>ALP KL !>OQ^L AB !LKSL@>_^L AB #Q>M> ?!!#? LR BOOLP L?PBOS>ALP KL @LJMOLS>KQB AB FKP@OF_^L FJMOBPPL ?$F@E> AB 'KP@OF_^L?? NR>KQL > KLJB? KfJBOL AB AL@RJBKQL AB FABKQFA>AB? PBUL? A>Q> AB K>P@FJBKQL B BKABOB_L? ABSBO^L PBO @LOOFDFALP MLO JBFL AL PFQB AL TTT?PBIB@LK?LOD??O? AB >@LOAL @LJ >P FKPQOR_eBP @LKPQ>KQBP A> [OB> AL !LK@ROPL .f?IF@L? >Q` ??E ?NR>OBKQ> B LFQL ELO>P? >McP > >MIF@>_^L A>P .OLS>P?-?GBQFS>P? ???????? - @>KAFA>QL NRB ABPBG>O OBQFCF@>O >IDRJ> FKCLOJ>_^L BJ PBR @>A>PQOL AB FKP@OF_^L ABSBO[ C>Wa?IL >QO>S`P A> [OB> AL @BOQ>JB KL NR>I BPQ[ FKP@OFQL??KL?IFKH?u9DL=J9ZYG?J=LA>A;9ZYG?<=?;9<9KLJGv??FKCLOJ>KAL?PBR?ILDFK?B?PBKE>? ???????? - @>KAFA>QL NRB K^L CFWBO LR PLIF@FQ>O >P @LOOB_eBP ALP A>ALP MBPPL>FP KLP QBOJLP AL FQBJ ??????? ABPQB #AFQ>I ABSBO[ >O@>O? BU@IRPFS>JBKQB? @LJ?>P?@LKPBNRaK@F>P?>ASFKA>P?AB?PR>?LJFPP^L? ?????? - @>KAFA>QL FKP@OFQL MLO QBO@BFOL >PPRJB QLQ>I OBPMLKP>?FIFA>AB MBI>P FKCLOJ>_eBP MOBPQ>A>P MLO PBR OBMOBPBKQ>KQB? >O@>KAL @LJ >P @LKPBNRaK? @F>P?AB?BSBKQR>FP?BOOLP?KL?MOBBK@EFJBKQL?AL?$LOJRI[OFL?#IBQOdKF@L?AB?'KP@OF_^L? ?????? ?@LKPBIE>?PB >L @>KAFA>QL > IBFQRO> >QBKQ> AL BAFQ>I? >KQBP AB BCBQFS>O L M>D>JBKQL A> FKP@OF_^L? MLFP L S>ILO A> Q>U> AB FKP@OF_^L KL @BOQ>JB K^L PBO[?ABSLISFAL?BJ?EFMcQBPB?>IDRJ>??>?K^L?PBO?BJ?@>PL?AB?@>K@BI>JBKQL?AL?!LK@ROPL? ????? 9?%K=FZYG?<G?,9?9E=FLG?<G?29DGJ?<=?%FK;JAZYG? ????? - @>KAFA>QL MLABO[ OBNRBOBO > FPBK_^L A> Q>U> AB FKP@OF_^L? KL MBObLAL AB ?????????? >Q` L AF> ??????????? BU@IRPFS>JBKQB MBI> FKQBOKBQ? MLO JBFL?AL?BKABOB_L?TTT?PBIB@LK?LOD??O??JBAF>KQB?L?MOBBK@EFJBKQL?AL?CLOJRI[OFL?BIBQOdKF@L?AB?PLIF@FQ>_^L?AB?FPBK_^L? ????? #J @LKCLOJFA>AB @LJ > *BF Kn ?????? AB ?? AB J>O_L AB ????? >IQBO>A> MBI> *BF +RKF@FM>I Kn ????? AB ?? AB >DLPQL AB ????? OBI>QFSL >LP AL>ALOBP AB?P>KDRB?B?*BF?+RKF@FM>I?KL????????AB????AB?ABWBJ?OL?AB???????MLABO[?PLIF@FQ>O?FPBK_^L?A>?Q>U>?AB?FKP@OF_^L?L?@>KAFA>QL?NRB?@LJMOLS>O? 9? PBO?AL>ALO?AB?JBARI>?cPPB>?LR?AL>ALO?AB?P>KDRB? :? OB@B?BO?>Q`????RJ??P>I[OFL?JbKFJL?SFDBKQB?LR?BPQ>O?ABPBJMOBD>AL??K>?`ML@>?A>?PBIB_^L? ;? BPQ>O?BJ?PFQR>_^L?AB?EFMLPPRCF@FaK@F>?B@LKdJF@>???>FU>?OBKA>? ????? .>O>?@LJMOLS>O?>?PFQR>_^L?MOBSFPQ>?M>O>?PBO?@LKPFABO>AL?@LJL?AL>ALO?AB?JBARI>?cPPB>?LR?AL>ALO?AB?P>KDRB? 9??G?;9F<A<9LG?<G9<GJ?<=?E=<MD9?^KK=9?<=N=JV? ??#KSF>O??>QO>S`P?AB upload??@LKCLOJB?L?PR?FQBJ????????@cMF>?PFJMIBP?AL?@LJMOLS>KQB?AB?FKP@OF_^L??B ? "L@RJBKQL @LJMOL?>QcOFL M>AOLKFW>AL ?@cMF>? AB NRB QBKE> <G9<G E=<MD9 ^KK=9 BJ cOD^LP LCF@F>FP LR BKQFA>ABP M>OQF@RI>OBP @OBABK@F>A>P MBI> 3KF^L??#PQ>AL?LR?+RKF@bMFL?>Q`?MBIL?JBKLP??????QOaP??JBPBP?>KQBP?A>?A>Q>?A>?MR?IF@>_^L?ABPQB?#AFQ>I? :??G?;9F<A<9LG?<G9<GJ?J=?MD9J?<=?K9F?M=?<=N=JV? ??#KSF>O??>QO>S`P?AB upload??@LKCLOJB?L?PR?FQBJ????????@cMF>?PFJMIBP?AL?@LJMOLS>KQB?AB?FKP@OF_^L??B ? "L@RJBKQL @LJMOL?>QcOFL M>AOLKFW>AL ?@cMF>? AB PR> @LKAF_^L AB <G9<GJ J=?MD9J <= K9F?M=? BUMBAFAL MLO >K@L AB 1>KDRB Mf?IF@L LR MOFS>AL ?>RQLOFW>AL MBIL MLABO Mf?IF@L? BJ NRB C>W > AL>_^L? @LKPQ>KAL? MBIL JBKLP? ?? ?QOaP? AL>_eBP KRJ MBObLAL AB ?? ?ALWB? JBPBP? >QBPQ>ALP MLO cOD^L LCF@F>I?LR?BKQFA>AB?@OBABK@F>A>?AL?.LABO?.f?IF@L? ????? .>O>?@LJMOLS>O?>?PFQR>_^L?MOBSFPQ>?BJ?OB@B?BO?>Q`????RJ??P>I[OFL?JbKFJL?SFDBKQBP?LR?BPQ>O?ABPBJMOBD>AL??K>?`ML@>?A>?PBIB_^L? 9??G?;9F<A<9LG?IM=?J=;=:9?9L[????ME??K9DVJAG?E]FAEG?<=N=JV? ??#KSF>O??>QO>S`P?AB upload??@LKCLOJB?L?PR?FQBJ????????@cMF>?PFJMIBP?AL?@LJMOLS>KQB?AB?FKP@OF_^L? ??!cMF>?PFJMIBP?A>?"B@I>O>_^L?AB?!>OaK@F>?#@LKdJF@>?@LKCLOJB?L?JLABIL?ABPQB?BAFQ>I???F=PG?2%??B ? !cMF> PFJMIBP A> M[DFK> AB FABKQFCF@>_^L A> !>OQBFO> AB 2O>?>IEL B .OBSFAaK@F> 1L@F>I ? !2.1 @LKQBKAL BPMBIEL @LJ CLQL? KLJB @LJMIBQL? A>ALP? KfJBOL B P`OFB? ?BJ @LJL @cMF> PFJMIBP AB QLA>P >P CLIE>P AB @LKQO>QL AB QO>?>IEL NRB FABKQFCFNRBJ > A>Q> AB >AJFPP^L B L S>ILO A> OBJRKBO>_^L? ?BJ?@LJL?> >GD@9?KM:K=IM=FL=?=E?:J9F;G B?AL?@LKQO>@EBNRB?OBCBOBKQB?>L?JaP ?#+/0+?????? :??G?;9F<A<9LG?<=K=EHJ=?9<G?<=N=JV? ??#KSF>O??>QO>S`P?AB upload??@LKCLOJB?L?PR?FQBJ????????@cMF>?PFJMIBP?AL?@LJMOLS>KQB?AB?FKP@OF_^L? ?!cMF>?PFJMIBP?A>?"B@I>O>_^L?AB?!>OaK@F>?#@LKdJF@>?@LKCLOJB?L?JLABIL?ABPQB?BAFQ>I???F=PG?2%??B ? !cMF> PFJMIBP A> M[DFK> AB FABKQFCF@>_^L A> !>OQBFO> AB 2O>?>IEL B .OBSFAaK@F> 1L@F>I ? !2.1 @LKQBKAL BPMBIEL @LJ CLQL? KLJB @LJMIBQL? A>ALP? KfJBOL B P`OFB? ?BJ @LJL @cMF> PFJMIBP AB QLA>P >P CLIE>P AB @LKQO>QL AB QO>?>IEL NRB FABKQFCFNRBJ > A>Q> AB >AJFPP^L B AB ABJFPP^L B L S>ILO A> OBJRKBO>_^L???BJ?@LJL? 9?>GD@9?KM:K=IM=FL=?=E?:J9F;G? ????? .>O>?@LJMOLS>O?>?PFQR>_^L?MOBSFPQ>?BJ?BPQ>O?BJ?PFQR>_^L?AB?EFMLPPRCF@FaK@F>?B@LKdJF@>???>FU>?OBKA>? 9? !>KAFA>QL?EFMLPPRCF@FBKQB???>FU>?OBKA>? ??'KPBOFO??K>?PR>?CF@E>?AB?FKP@OF_^L??L?OFD>QLOF>JBKQB??L?,fJBOL?AB?'ABKQFCF@>_^L?1L@F>I??,'1???>QOF?RbAL?MBIL?!>A~KF@L? ??#KSF>O??>QO>S`P?AB upload??@LKCLOJB?L?PR?FQBJ????????@cMF>?PFJMIBP?AL?@LJMOLS>KQB?AB?FKP@OF_^L??@LJ?>?LM_^L?AB?PFQR>_^L?AB?FPBK_^L?OBNRBOFA>? ? "B@I>O>_^L? CFOJ>A> MBIL MOcMOFL @>KAFA>QL? AB NRB > OBKA> per capita A> C>JbIF> ` FDR>I LR FKCBOFLO > RJ P>I[OFL?JbKFJL? @LKPFABO>KAL? M>O> Q>KQL? LP D>KELP?ALP?JBJ?OLP?AL?Kf@IBL?C>JFIF>O?NRB?SFS>J?PL??L?JBPJL?QBQL ?)G<=DG??*!4+?2%?? ????? 1BO[ AB FKQBFO> OBPMLKP>?FIFA>AB AL @>KAFA>QL L BKSFL AB AL@RJBKQL?P? MLO upload? >QO>S`P AB link BPMB@bCF@L KL TTT?PBIB@LK?LOD??O? KLP MO>WLP BPQ>?BIB@FALP KBPQB #AFQ>I? BUFJFKAL?PB > ?XE9J9 )MFA;AH9D <= 2VJR=9 #J9F<= B L %FKLALMLG /=D=;GF AB NR>FPNRBO >QLP LR C>QLP AB@LOOBKQBP AB FKCLO? J>_^L FK@LOOBQ> LR C>IQ> AB AL@RJBKQL?P?? MOL?IBJ>P K> FKQBOKBQ LR KL @LJMRQ>ALO RP>AL MBIL @>KAFA>QL M>O> L BKSFL A> AL@RJBKQ>_^L? CF@>KAL @FBKQB AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  6. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? L @>KAFA>QL? KBPQB >QL? NRB >PPRJB QLQ>I OBPMLKP>?FIFA>AB MLO NR>INRBO MBAFAL NRB K^L PBG> >K>IFP>AL B FKABCBOFAL MBIL C>QL AB > AL@RJBKQ>_^L K^L QBO PFAL?BKSF>A>?AB?CLOJ>?OBDRI>O?>L %FKLALMLG?/=D=;GF KL?MO>WL?B?CLOJ>?BPQ>?BIB@FA>?KBPQB?PR?FQBJ? ??????? #K@BOO>AL?L?MO>WL?AB?BKSFL?AL?P??AL@RJBKQL?P???K^L?PBO[?MBOJFQFAL?L?BKSFL?A>?AL@RJBKQ>_^L??>O@>KAL?L?@>KAFA>QL?@LJ?>P?@LKPBNRaK@F>P? ????? ? SBO>@FA>AB A>P FKCLOJ>_eBP MOBPQ>A>P B A>P @cMF>P AB AL@RJBKQLP BKSF>ALP KL OBNRBOFJBKQL AB FPBK_^L PBO[ AB FKQBFO> OBPMLKP>?FIFA>AB AL @>KAFA>QL??MLABKAL?OBPMLKABO??>?NR>INRBO?JLJBKQL??MLO?@OFJB?@LKQO>?>?C`?Mf?IF@>??L?NRB?>@>OOBQ>O[?PR>?PRJ[OF>?BIFJFK>_^L?AL?@LK@ROPL? ????? ,^L?PBO[?@LK@BAFA>?FPBK_^L?AB?M>D>JBKQL?AL?S>ILO?A>?FKP@OF_^L?>L?@>KAFA>QL?NRB? 9? ABFU>O?AB?BCBQR>O?>?FKP@OF_^L?MBI> Internet? :? LJFQFO?FKCLOJ>_eBP?B?LR?QLOK[?I>P?FKSBObAF@>P? ;? CO>RA>O?B?LR?C>IPFCF@>O?AL@RJBKQ>_^L? <? K^L?>MOBPBKQ>O?>P?@cMF>P?ALP?AL@RJBKQLP?PLIF@FQ>ALP?KBPQB?#AFQ>I? =? K^L?L?PBOS>O?L?MO>WL?B?LP?ELO[OFLP?BPQ>?BIB@FALP?KBPQB?#AFQ>I? >? CFWBO?>?PLIF@FQ>_^L?AB?FPBK_^L?BJ?ABP>@LOAL?@LJ?BPQB?#AFQ>I? ????? ,^L PBO^L >@BFQ>P PLIF@FQ>_eBP AB FPBK_^L AL M>D>JBKQL AB S>ILO AB FKP@OF_^L SF> C>@?PbJFIB ?C>U?? SF> @LOOBFL BIBQOdKF@L LR NR>INRBO LRQO> CLOJ> NRB?K^L?PBG>?MOBSFPQ>?KBPQB?#AFQ>I? ?????? ? OBI>_^L MOBIFJFK>O A>P FPBK_eBP ABCBOFA>P B FKABCBOFA>P PBO[ AFPMLKF?FIFW>A> KL PFQB AL %FKLALMLG /=D=;GF K> A>Q> AB ??????????? J=KH=;LAN9? E=FL=?;GF>GJE=?GK?H=J]G<GK?<=?KGDA;AL9ZYG?<=?AK=FZYG?HJ=NAKLGK?FG?KM:AL=E??????? ???????? !>?BO[?OB@ROPL?@LKQO>?L?'KABCBOFJBKQL?A>?'PBK_^L??@LKCLOJB?MOBSFPQL?KL?FQBJ????ABPQB?#AFQ>I? ?????? -P?@>KAFA>QLP?@LJ?FPBK_^L?ABCBOFA>?QBO^L?PR>P?FKP@OF_eBP?>RQLJ>QF@>JBKQB?BCBQFS>A>P?KL?!LK@ROPL?.f?IF@L? ?????? -?@>KAFA>QL?NRB?QFSBO?>?FPBK_^L?ABCBOFA>??J>P?NRB?QBKE>?OB>IFW>AL?LRQO>?FKP@OF_^L?M>D>?QBO[?PR>?FPBK_^L?@>K@BI>A>? ?????? -P @>KAFA>QLP NRB QFSBOBJ PBRP MBAFALP AB FPBK_^L AL M>D>JBKQL AL S>ILO AB FKP@OF_^L FKABCBOFALP B NRB J>KQFSBOBJ FKQBOBPPB BJ M>OQF@FM>O AL @BOQ>JB?ABSBO^L?BCBQR>O?PR>?FKP@OF_^L??L?PBOS>KAL?LP?MOL@BAFJBKQLP?MOBSFPQLP?KL?FQBJ??????ABPQB?#AFQ>I? ?????? - @>KAFA>QL PLJBKQB PBO[ @LKPFABO>AL FKP@OFQL KBPQB @LK@ROPL Mf?IF@L >McP QBO @RJMOFAL QLA>P >P FKPQOR_eBP MBOQFKBKQBP KBPQB #AFQ>I? OBCBOBKQBP \?FKP@OF_^L?>QO>S`P?AL?M>D>JBKQL?AL??LIBQL??>K@[OFL?LR?QFSBO?>?PR>?FPBK_^L?ABCBOFA>? ??? ??,?.0%?%,?Sj+? +/???* % ?0+/??+)? !"%?%s*?%???,? ? ??? #J @RJMOFJBKQL >L AFPMLPFQFSL BJ OBI>_^L \ .BPPL> @LJ "BCF@FaK@F>? >L AFPMLPQL KL FK@FPL 4''' AL >OQ? ?? A> !LKPQFQRF_^L $BABO>I? AB ?? AB LRQR?OL AB ????? K> *BF $BABO>I KL ?????? AB ?? AB LRQR?OL AB ????? OBDRI>JBKQ>A> MBIL "B@OBQL $BABO>I KL ?????? AB ?? AB ABWBJ?OL AB ????? >IQBO>AL MBIL "B@OBQL $BABO>I KL ?????? AB ? AB ABWBJ?OL AB ????? K> *BF Kn ??????? AB ?? AB ABWBJ?OL AB ????? OBDRI>JBKQ>A> MBIL "B@OBQL Kn ?????? AB ? AB ABWBJ?OL AB ???? ?2O>KPQLOKL AL #PMB@QOL ?RQFPQ>?? FK@IRFKAL?PB? >FKA>? L NRB @LKQBJMI> L BKRK@F>AL A> 1fJRI> Kn ??? AL 1RMBOFLO 2OF?RK>I AB (RPQF_> ?12(?? ?- MLOQ>ALO AB SFP^L JLKL@RI>O QBJ AFOBFQL AB @LK@LOOBO? BJ !LK@ROPL .f?IF@L? \P S>D>P OBPBOS>A>P >LP ABCF@FBKQBP?? L?PBOS>ALP LP AFPMLPFQFSLP A> !LKSBK_^L PL?OB LP "FOBFQLP A> .BPPL> @LJ "BCF@FaK@F> B PBR .OLQL@LIL $>@RIQ>QFSL? O>QFCF@>ALP MBIL "B@OBQL Kn ?????? AB ?? AB >DLPQL AB ???? CF@>J?OBPBOS>A>P?S>D>P?\P?.BPPL>P?@LJ?"BCF@FaK@F>??.!"???@LKCLOJB?L??KBUL?''?ABPQB?#AFQ>I? ????? $F@> BPQ>?BIB@FA> > OBPBOS> AB S>D>P M>O> .BPPL>P @LJ "BCF@FaK@F> ?.!"? KL MBO@BKQR>I AB ?? ?@FK@L MLO @BKQL? KBPQB !LK@ROPL? M>O> >P S>D>P FJBAF>Q>P?B?@>A>PQOL?AB?OBPBOS>?>?PBO?CLOJ>AL??@LKCLOJB?ABP@OFQL?K>?Q>?BI>?AL??KBUL?' ????? !>PL > >MIF@>_^L AL MBO@BKQR>I AB NRB QO>Q> L PR?FQBJ >KQBOFLO OBPRIQB BJ KfJBOL CO>@FLK[OFL PRMBOFLO > ??? ?@FK@L A`@FJLP?? BPQB ABSBO[ PBO BIBS>AL?>Q`?L?MOFJBFOL?KfJBOL?FKQBFOL?PR?PBNRBKQB? ????? - @>KAFA>QL NRB PB FKP@OBSBO K> @LKAF_^L AB MBPPL> @LJ ABCF@FaK@F> BJ NRB K^L E>G> S>D> OBPBOS>A> PLJBKQB MLABO[ PBO KLJB>AL KBPQ> @LKAF? _^L?PB?ELRSBO?>JMIF>_^L?A>P?S>D>P?FKF@F>IJBKQB?LCBOQ>A>P?KBPQB?#AFQ>I??>?@OFQ`OFL?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB?+2? ??? qP .BPPL>P @LJ "BCF@FaK@F>? NRB MOBQBKA>J C>WBO RPL A>P MOBOOLD>QFS>P NRB IEBP P^L C>@RIQ>A>P MBI> IBDFPI>_^L? ` >PPBDRO>AL L AFOBFQL AB FKP@OF_^L M>O>?>?OBPBOS>?AB?S>D>P?BJ?!LK@ROPL?.f?IF@L??KLP?@>ODLP?@RG>P?>QOF?RF_eBP?PBG>J?@LJM>QbSBFP?@LJ?>?PR>?ABCF@FaK@F>? ??? ? RQFIFW>_^L AB J>QBOF>I QB@KLIcDF@L AB RPL E>?FQR>I K^L L?PQ> > FKP@OF_^L K> OBPBOS> AB S>D>P? MLO`J? > ABCF@FaK@F> AL @>KAFA>QL ABSB MBOJFQFO L ABPBJMBKEL >ABNR>AL A>P >QOF?RF_eBP BPMB@FCF@>A>P M>O> L @>ODL?E>?FIFQ>_^L MOLCFPPFLK>I? >AJFQFA> > @LOOB_^L MLO BNRFM>JBKQLP? >A>MQ>_eBP? JBFLP LR?OB@ROPLP?BPMB@F>FP? ??? ,L >QL A> FKP@OF_^L? L @>KAFA>QL @LJ ABCF@FaK@F> ABSBO[ AB@I>O>O NRB BPQ[ @FBKQB A>P >QOF?RF_eBP AL @>ODL?E>?FIFQ>_^L MOLCFPPFLK>I M>O> L NR>I MOB? QBKAB?PB?FKP@OBSBO?B?NRB??KL?@>PL?AB?SFO?>?BUBO@a?IL??BPQ>O[?PRGBFQL?\?>S>IF>_^L?MBIL?ABPBJMBKEL?ABPP>P?>QOF?RF_eBP? ??? - @>KAFA>QL @LJ ABCF@FaK@F>? ARO>KQB L MOBBK@EFJBKQL AL $LOJRI[OFL #IBQOdKF@L AB 'KP@OF_^L? >I`J AB L?PBOS>O LP MOL@BAFJBKQLP ABP@OFQLP KL FQBJ ??ABPQB?#AFQ>I??ABSBO[?MOL@BABO?A>?PBDRFKQB?CLOJ>? 9? FKCLOJ>O?PB?MLPPRF?ABCF@FaK@F>? :? PBIB@FLK>O?L?QFML?AB?ABCF@FaK@F>? ;? FKCLOJ>O L @cAFDL @LOOBPMLKABKQB A> !I>PPFCF@>_^L #PQ>QbPQF@> 'KQBOK>@FLK>I AB "LBK_>P B .OL?IBJ>P 0BI>@FLK>ALP \ 1>fAB t !'"? 9LJ9N[K <= D9M<G 9?K=J?=FNA9<G?NA9 A<8;.1? <? FKCLOJ>O?PB?KB@BPPFQ>?AB?@LKAF_eBP?BPMB@F>FP?M>O>?>?OB>IFW>_^L?A>P?MOLS>P? ??? .>O> PLIF@FQ>O FKP@OF_^L K> OBPBOS> AB S>D>P? L @>KAFA>QL MBPPL> @LJ ABCF@FaK@F> ?.!"? ABSBO[ BK@>JFKE>O? >Q` L AF> ??????????? >McP L M>D>JBKQL LR?ABCBOFJBKQL?AB?FPBK_^L?A>?PR>?FKP@OF_^L??>QO>S`P?AB upload??@LKCLOJB?L?PR?FQBJ????????L?AL@RJBKQL?>?PBDRFO? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  7. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ? *>RAL J`AF@L LOFDFK>I LR @cMF> >RQBKQF@>A> BUMBAFAL KL MO>WL J[UFJL AB ?? ?ALWB? JBPBP A> A>Q> AL Q`OJFKL A>P FKP@OF_eBP? >QBPQ>KAL > BPM`@FB B L DO>R AB ABCF@FaK@F>? @LJ BUMOBPP> OBCBOaK@F> >L @cAFDL @LOOBPMLKABKQB A> !I>PPFCF@>_^L #PQ>QbPQF@> 'KQBOK>@FLK>I AB "LBK_>P B .OL?IBJ>P 0BI>@FLK>? ALP?\?1>fAB???!'"???BJ?@LJL?>?MOLS[SBI?@>RP>?A>?ABCF@FaK@F>? ??? ? ?XE9J9 )MFA;AH9D <= 2VJR=9 #J9F<= B L %FKLALMLG /=D=;GF K^L PB OBPMLKP>?FIFW>J MLO BSBKQR>I C>IE> @LJBQFA> MBIL @>KAFA>QL LR KL BNRFM>? JBKQL?RQFIFW>AL??K>?QBKQ>QFS>?AB?BKSFL?AL?I>RAL?J`AF@L?MOBSFPQL?KL?PR?FQBJ????? ??? - @>KAFA>QL @LJ ABCF@FaK@F>? >I`J AL BKSFL AL I>RAL J`AF@L? ABSBO[ >PPFK>I>O? KL $LOJRI[OFL #IBQOdKF@L AB 'KP@OF_^L LR KL 0BNRBOFJBKQL #IBQOdKF@L AB MBAFAL AB 'PBK_^L AB M>D>JBKQL AL S>ILO A> FKP@OF_^L? KLP OBPMB@QFSLP MO>WLP? > ;GF<AZYG =KH=;A9D <= IM= F=;=KKAL9J H9J9 9 J=9DAR9ZYG <9 HJGN9??IM9F<G?@GMN=J? ????? ??PLIF@FQ>_^L?AB?>QBKAFJBKQL?BPMB@F>I?PBO[?@LK@BAFA>?PBDRKAL?LP?@OFQ`OFLP?AB?SF>?FIFA>AB?B?O>WL>?FIFA>AB? ??? - @>KAFA>QL NRB? ABKQOL AL MO>WL AL MBObLAL A>P FKP@OF_eBP? K^L >QBKABO \ BUFDaK@F> @LKQFA> KL PR?FQBJ ???? K^L PBO[ @LKPFABO>AL .BPPL> @LJ "BCF@FaK@F>?B?K^L?QBO[?>?MOLS>?B?LR?@LKAF_eBP?BPMB@F>FP?>QBKAFA>P??PBG>?NR>I?CLO?L?JLQFSL?>IBD>AL? ???? - @>KAFA>QL @LJ ABCF@FaK@F> NRB K^L MOBBK@EBO LP @>JMLP BPMB@bCF@LP AL $LOJRI[OFL #IBQOdKF@L AB 'KP@OF_^L B K^L @RJMOFO L ABQBOJFK>AL KBPQB #AFQ>I QBO[ > PR> FKP@OF_^L MOL@BPP>A> @LJL @>KAFA>QL > >JMI> @LK@LOOaK@F> B K^L MLABO[ >IBD>O MLPQBOFLOJBKQB BPP> @LKAF_^L M>O> OBFSFKAF@>O > MOBO? OLD>QFS>?IBD>I? ???? - @>KAFA>QL @LJ ABCF@FaK@F>? OBPDR>OA>A>P >P @LKAF_eBP BPMB@F>FP @LKQFA>P KBPQB #AFQ>I? M>OQF@FM>O[ AL @LK@ROPL BJ FDR>IA>AB AB @LKAF_eBP @LJ LP ABJ>FP @>KAFA>QLP? KL NRB @LK@BOKB >L ELO[OFL B IL@>I? >L @LKQBfAL? \ @LOOB_^L A>P MOLS>P? >LP @OFQ`OFLP AB >S>IF>_^L B >MOLS>_^L? \ MLKQR>_^L JbKFJ>?BUFDFA>?B?>?QLA>P?>P?ABJ>FP?KLOJ>P?AB?OBDaK@F>?AL?@LK@ROPL? ???? ? OB>IFW>_^L AB MOLS>P K>P @LKAF_eBP BPMB@F>FP PLIF@FQ>A>P MBIL @>KAFA>QL @LJ ABCF@FaK@F> PBO[ @LKAF@FLK>A> \ IBDFPI>_^L BPMB@bCF@> B \ MLPPF?FIF? A>AB?Q`@KF@>?BU>JFK>A>?MBIL %FKLALMLG?/=D=;GF? ???? - @>KAFA>QL NRB LMQ>O MLO @LK@LOOBO \P S>D>P ABPQFK>A>P \P .BPPL>P @LJ "BCF@FaK@F>? @>PL @LKSL@>AL M>O> MLPPB? ABSBO[ PR?JBQBO?PB > H=J];A9 E[<A;9 OB>IFW>A> MLO &MFL9 )[<A;9 +>A;A9D? NRB @LKCFOJ>O[ PR> @LKAF_^L AB .BPPL> @LJ "BCF@FaK@F>? ?BJ @LJL PR> >MQFA^L CbPF@> B JBKQ>I B > ABCF@F? aK@F>?AB@I>O>A>? ?????? ?McP PBO >MOLS>AL MBI> MBOb@F> J`AF@>? L @>KAFA>QL @LJ ABCF@FaK@F> ABSBO[ PR?JBQBO?PB > #NRFMB +RIQFMOLCFPPFLK>I? @LJMLPQ> MLO QOaP MOLCFPPFL? K>FP @>M>@FQ>ALP B >QR>KQBP K>P [OB>P A>P ABCF@FaK@F>P BJ NRBPQ^L? PBKAL RJ ABIBP J`AF@L? B ALFP MOLCFPPFLK>FP FKQBDO>KQBP A> @>OOBFO> >IJBG>A> MBIL @>KAFA>QL? ?????? ??#NRFMB?+RIQFMOLCFPPFLK>I?BJFQFO[?M>OB@BO?L?PBOS>KAL? 9? >P?FKCLOJ>_eBP?MOBPQ>A>P?MBIL?@>KAFA>QL?KL?>QL?A>?FKP@OF_^L? :? >?K>QROBW>?A>P?>QOF?RF_eBP?B?Q>OBC>P?BPPBK@F>FP?AL?@>ODL?LR?A>?CRK_^L?>?ABPBJMBKE>O? ;? >?SF>?FIFA>AB?A>P?@LKAF_eBP?AB?>@BPPF?FIFA>AB?B?>P?>ABNR>_eBP?AL?>J?FBKQB?AB?QO>?>IEL?K>?BUB@R_^L?A>P?Q>OBC>P? <? >?MLPPF?FIFA>AB?AB?RPL??MBIL?@>KAFA>QL??AB?BNRFM>JBKQLP?LR?LRQOLP?JBFLP?NRB?E>?FQR>IJBKQB?RQFIFWB? =? > !I>PPFCF@>_^L #PQ>QbPQF@> 'KQBOK>@FLK>I AB "LBK_>P B .OL?IBJ>P 0BI>@FLK>ALP \ 1>fAB ? !'" B LRQOLP M>AOeBP OB@LKEB@FALP K>@FLK>I B FKQBOK>@F? LK>IJBKQB? > NR>IFCF@>_^L @LJL .BPPL> @LJ "BCF@FaK@F> ?.!"?? > BUFPQaK@F> A> ABCF@FaK@F>? ?BJ @LJL > @LJM>QF?FIFA>AB LR K^L M>O> L BUBO@b@FL AL @>ODL??@LJ HGKK]N=D?=DAEAF9ZYG?BMKLA>A;9<9 AB?@>KAFA>QLP?@LKPFABO>ALP AF;GEH9L]N=AK M>O>?L?ABPBJMBKEL?AL?@>ODL? ???? !>PL PBG> @LKPQ>Q>AL NRB L @>KAFA>QL NR>IFCF@>AL @LJL .BPPL> @LJ "BCF@FaK@F> ?.!"? MLPPRF? >I`J A> ABCF@FaK@F> NRB L E>?FIFQ> @LJL .!"? AL? BK_>?P??NRB?L?QLOKB?FK>MQL?>L?BUBO@b@FL?A>P?>QOF?RF_eBP?AL?@>ODL??PBO[?OBMOLS>AL?K>?MBOb@F>?J`AF@>? ???? ? OBMOLS>_^L AL @>KAFA>QL K> CLOJ> AL PR?FQBJ >KQBOFLO MBI> MBOb@F> J`AF@> >@>OOBQ>O[ MBOA> AL AFOBFQL \ N9?9 J=K=JN9<9 WK ,=KKG9K ;GE =>A? ;A\F;A9???BJ?@LJL?>?MBOA>?AL?AFOBFQL?\?S>D>?AB?>JMI>?@LK@LOOaK@F>??DBO>KAL?>?BIFJFK>_^L?AL?@>KAFA>QL?KL?@BOQ>JB? ???? ?P S>D>P OBPBOS>A>P NRB K^L CLOBJ MOLSFA>P MLO @>KAFA>QLP @LJ ABCF@FaK@F>? PBG> MLO C>IQ> AB @>KAFA>QLP PBG> MLO BIFJFK>_^L KL @LK@ROPL Mf?IF@L LR? >FKA>? MLO FK@LJM>QF?FIFA>AB BKQOB >P >QOF?RF_eBP AL @>ODL B > ABCF@FaK@F>? PBO^L MOBBK@EFA>P MBILP ABJ>FP @>KAFA>QLP A> >JMI> @LK@LOOaK@F> >L OBPMB@QFSL?@>ODL?OBPMBFQ>KAL?>?LOABJ?AB?@I>PPFCF@>_^L? ???? 1BO[ ABP@LKPFABO>AL NR>INRBO OB@ROPL BJ C>SLO AB @>KAFA>QL @LJ ABCF@FaK@F> NRB K^L PBDRFO >P FKPQOR_eBP @LKPQ>KQBP KBPQB #AFQ>I M>O> FKP@OF_^L KBPQ>?@LKAF_^L? ???? ?McP > KLJB>_^L AL @>KAFA>QL? > ABCF@FaK@F> K^L MLABO[ PBO GRPQFCF@>QFS> M>O> > @LK@BPP^L AB >MLPBKQ>ALOF>? P>ISL BJ @>PL AB >DO>S>JBKQL A>NRBI>??FJMOBSFPbSBI?\?`ML@>?AL?MOLSFJBKQL?AL?@>ODL?CRK_^L??LR?BJ?@>PL?AB?>IQBO>_^L?A>?IBDFPI>_^L?MBOQFKBKQB? ???? ? MR?IF@>_^L AL OBPRIQ>AL CFK>I AL @LK@ROPL Mf?IF@L M>O> @>KAFA>QLP .!" PBO[ CBFQ> BJ AR>P IFPQ>P? @LKQBKAL > MOFJBFO> L 0BPRIQ>AL $FK>I %BO>I? @LJ > MLKQR>_^L AB QLALP LP @>KAFA>QLP AB >JMI> @LK@LOOaK@F>? FK@IRPFSB >P .BPPL>P @LJ "BCF@FaK@F>? B > PBDRKA> IFPQ>? PLJBKQB LP @>KAFA>QLP @LJ ABCF@FaK@F>? ???? "L QLQ>I AB @>ODLP ABPQFK>ALP >L MOLSFJBKQL FJBAF>QL B @>A>PQOL AB OBPBOS>? >L @>KAFA>QL @LJ ABCF@FaK@F> ?.!"? PBO[ >PPBDRO>AL L AFOBFQL \ FKP? @OF_^L AB NRB QO>Q> BPQB #AFQ>I? MLABKAL @LK@LOOBO > ??? ?ABW MLO @BKQL? A>P S>D>P BUFPQBKQBP? B A>P CRQRO>P? ABPAB NRB E>G> @LJM>QF?FIFA>AB BKQOB >P >QOF?RF_eBP AL @>ODL MOBQBKAFAL? B L DO>R LR KbSBI A> ABCF@FaK@F>? @LKCLOJB AFPMLPQL KL i?n? AL ?OQFDL ??? A> *BF !LJMIBJBKQ>O #PQ>AR>I Kn ???? AB ?? AB?KLSBJ?OL?AB??????B??BJ?@LKCLOJFA>AB?@LJ?L?FK@FPL?4'''??AL??OQFDL????A>?!LKPQFQRF_^L?$BABO>I? ???,.+?! %)!*0+/?,?.??/+(%?%0?Sj+? !??+* %Sk!/?!/,!?%?%/?,?.??.!?(%6?Sj+? ?/?,.+2?/ ??? 9K?D9;L9FL=K? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  8. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ????? $F@> >PPBDRO>AL \P I>@Q>KQBP L AFOBFQL AB M>OQF@FM>OBJ AL !LK@ROPL? KLP @OFQ`OFLP B @LKAF_eBP BPQ>?BIB@FALP MBILP >OQFDLP ??? A> !LKPQFQRF_^L $BABO>I? >OQFDL ?n A> *BF $BABO>I Kn ?????? AB ?? AB GRIEL AB ???? ?#PQ>QRQL A> !OF>K_> B AL ?ALIBP@BKQB?? >OQFDLP ?n B ?n A> *BF $BABO>I Kn ??????? AB ? AB?KLSBJ?OL?AB??????B?*BF?#PQ>AR>I?Kn?????????AB????AB?CBSBOBFOL?AB?????? ????? ,L $LOJRI[OFL #IBQOdKF@L AB 'KP@OF_^L? > @>KAFA>Q> NRB PBG> J^B I>@Q>KQB? >I`J AB >PPFK>I>O BPQ> LM_^L? ABSBO[ FKCLOJ>O > NR>KQFA>AB AB I>@QBKQBP B?>?A>Q>?AB?K>P@FJBKQL?A>?P??@OF>K_>?P??M>O>?>AL_^L?A>P?MOLSFAaK@F>P?KB@BPP[OF>P? ????? ? @>KAFA>Q> I>@Q>KQB NRB QFSBO KB@BPPFA>AB AB >J>JBKQ>O PBR CFIEL? >I`J AB PLIF@FQ>O >QBKAFJBKQL AFCBOBK@F>AL? ABSBO[? L?OFD>QLOF>JBKQB? >MOBPBK? Q>O >L CFP@>I AB MOLS> > @BOQFA^L AB K>P@FJBKQL AL I>@QBKQB? ?BJ @LJL IBS>O RJ >@LJM>KE>KQB? NRB CF@>O[ BJ BPM>_L OBPBOS>AL M>O> BPP> CFK>IFA>AB B NRB?PB?OBPMLKP>?FIFW>O[?MBI>?@OF>K_>??BKNR>KQL?>?@>KAFA>Q>?BPQFSBO?OB>IFW>KAL?>?MOLS>? ????? ? @>KAFA>Q> NRB QFSBO >QBKAFJBKQL AFCBOBK@F>AL M>O> >J>JBKQ>_^L ARO>KQB > OB>IFW>_^L A> MOLS> QBO[ AFOBFQL >L FKQBOS>IL AB >Q` ?? ?QOFKQ>? JFKRQLP? MLO?CFIEL??>?@>A>?????AR>P??ELO>P??M>O>?>J>JBKQ>_^L? ????? -?QBJML?ABPMBKAFAL?K>?>J>JBKQ>_^L?PBO[?@LJMBKP>AL?ARO>KQB?>?OB>IFW>_^L?A>P?MOLS>P?BJ?FDR>I?MBObLAL??@LKCLOJB?FQBKP????????B??????? ????? !>PL > @>KAFA>Q> @LJM>OB_> >L IL@>I AB OB>IFW>_^L A>P .OLS>P PBJ @BOQFA^L AB K>P@FJBKQL? PBO[ MBOJFQFA> > >J>JBKQ>_^L? KL BKQ>KQL > @>KAF? A>Q>?QBO[?AB?>PPFK>O?QBOJL?AB?OBPMLKP>?FIFA>AB?MBI>?@OF>K_>? ????? ? @OF>K_> ABSBO[ BPQ>O >@LJM>KE>A> PLJBKQB AB RJ J>FLO AB ?? ?ABWLFQL? >KLP OBPMLKP[SBI MLO PR> DR>OA> ?C>JFIF>O LR QBO@BFOL FKAF@>AL MBI> @>KAFA>Q>???B?>?MBOJ>KaK@F>?QBJMLO[OF>?ABPPB?>ARIQL??BJ?IL@>I?>MOLMOF>AL??PBO[?>RQLOFW>A>?MBI>?@LLOABK>_^L?AL?@BOQ>JB? ????? ? @>KAFA>Q>? ARO>KQB L MBObLAL AB >J>JBKQ>_^L? PBO[ >@LJM>KE>A> AB RJ> uCFP@>Iv ABPFDK>A> MBI> @LLOABK>_^L AB >MIF@>_^L A> MOLS>? PBJ > MOBPBK_>?AL?OBPMLKP[SBI?MBI>?DR>OA>?A>?@OF>K_>??NRB?D>O>KQFO[?NRB?PR>?@LKARQ>?BPQBG>?AB?>@LOAL?@LJ?LP?QBOJLP?B?@LKAF_eBP?ABPQB?#AFQ>I? ????? - %FKLALMLG /=D=;GF K^L AFPMLKF?FIFW>O[ >@LJM>KE>KQB M>O> DR>OA> AB @OF>K_>? ? @>KAFA>Q> KBPQ> @LKAF_^L? NRB K^L IBS>O >@LJM>KE>KQB? K^L MLABO[?OB>IFW>O?>P?MOLS>P? ????? 9K?GMLJ9K?;GF<AZ`=K? ????? - @>KAFA>QL NRB? MLO NR>INRBO O>W^L? M>PPB > KB@BPPFQ>O AB @LKAF_eBP BPMB@F>FP M>O> > OB>IFW>_^L A>P MOLS>P? >McP L MBObLAL AB FKP@OF_eBP? ABSBO[ BK@>JFKE>O >Q` L AF> ?????????? >McP L M>D>JBKQL LR ABCBOFJBKQL AB FPBK_^L A> PR> FKP@OF_^L? SF> L B?J>FI @LKPQ>KQB AL PR?FQBJ ?????? 1LIF? @FQ>_^L AB !LKAF_^L #PMB@F>I? B? >McP >K[IFPB AL 'KPQFQRQL 1BIB@LK? MLABO[ PBO IF?BO>AL RJ IFKH KL BKABOB_L TTT?PBIB@LK?LOD??O? K> [OB> AL @LK@ROPL? M>O>?NRB?L?JBPJL?PLIF@FQB?@LKAF_eBP?BPMB@F>FP??>QO>S`P?AL?MOBBK@EFJBKQL?AB?$LOJRI[OFL?#IBQOdKF@L? ??? -P @>KAFA>QLP NRB K^L >QBKABOBJ >LP AFPMLPFQFSLP JBK@FLK>ALP KL FQBJ ? ABPQB #AFQ>I? K^L QBO^L > MOLS> BPMB@F>I B?LR @LKAF_eBP BPMB@F>FP >QBK? AFA>P? ??? ??PLIF@FQ>_^L?AB?>QBKAFJBKQL?BPMB@F>I?PBO[?>RQLOFW>A>?PBDRKAL?LP?@OFQ`OFLP?AB?SF>?FIFA>AB?B?O>WL>?FIFA>AB? ??? ??,.+2??+?&!0%2? ???? 9?,JGN9?+:B=LAN9 ????? ? .OLS> -?GBQFS> PBO[ @LJMLPQ> MLO NRBPQeBP AB +fIQFMI> #P@LIE>? @LKCLOJB NR>AOL @LKPQ>KQB AL FQBJ ??????? PBKAL NRB @>A> NRBPQ^L @LKQ>O[ @LJ????NR>QOL??>IQBOK>QFS>P?B?@LJ?RJ>?fKF@>?OBPMLPQ>?@LOOBQ>? ??????? - S>ILO AB @>A> NRBPQ^L A> zOB> AB !LKEB@FJBKQLP [PF@LP B A> zOB> AB !LKEB@FJBKQLP #PMB@bCF@LP BPQ[ BPMB@FCF@>AL K> Q>?BI> >?>FUL? MBO? C>WBKAL?RJ?QLQ>I?AB??????MLKQLP??L?S>ILO?J[UFJL?A>?MOLS>?L?GBQFS>? ????? -P?@LKQBfALP?MOLDO>J[QF@LP?OBCBOBKQBP?\?.OLS>?-?GBQFS>?P^L?LP?@LKPQ>KQBP?AL ?F=PG 2 ABPQB?#AFQ>I? ????? ??.OLS>?-?GBQFS>?AB?QLALP?LP?@>KAFA>QLP?PBO[?@LOOFDFA>?MLO?JBFL?AB?IBFQRO>?cQF@>? ????? ??.OLS>?-?GBQFS>?QBO[?@>O[QBO?BIFJFK>QcOFL?B?@I>PPFCF@>QcOFL?B?PBO[?@LKPQFQRbA>?@LKCLOJB?>?PBDRFO? ,.+2??+?&!0%2????0T?*%?+?(!#%/(?0%2+??0T?*%?+?? )%*%/0.?0%2+???.-1%2%/0???"+0v#.?"+?!?0T?*%?+?!)?%*"+.)t0%??????*u2!(?)T %+ ,GFLGK HGJ -M=KLYG ? ? ??? 0GL9D )VPAEG?<=?,GF? LGK ?? ? ??? 0GL9D?<= -M=KL`=K tJ=9 )9L[JA9K? AK;AHDAF9K )]FAEG?!PA?A<G *bKDR>?.LOQRDRBP> ,L_eBP?AB?'KCLOJ[QF@> 0>@FL@bKFL?*cDF@L?B?+>QBJ[QF@L &FPQcOF>?B?%BLDO>CF>?AB?+>QL?%OLPPL ,L_eBP?AB?ZQF@>?B?$FILPLCF> "FP@FMIFK>?#PMB@bCF@>?AB?>@LOAL?@LJ?>?E>?F? IFQ>_^L ?? ? ? !LKEB@FJBKQLP [PF@LP ????AL?QLQ>I?AB MLKQLP??K^L?MLABKAL?WBO>O?BJ?KBKERJ>?J>Q`OF>? AFP@FMIFK> ? ??? ??? !LKEB@FJBKQLP #PMB@bCF@LP 2LQ>I ?? ?? ? ?? ??? ,.+2??+?&!0%2?????*?(%/0??(!#%/(?0%2+???+*0? +.??? 2+#? +?!?!*#!*$!%.+??%2%(? l?*u2!(?/1,!.%+.? ,GFLGK HGJ -M=KLYG ? ? 0GL9D )VPAEG?<=?,GF? LGK ?? ? 0GL9D?<= -M=KL`=K tJ=9 )9L[JA9K? AK;AHDAF9K )]FAEG?!PA?A<G *bKDR>?.LOQRDRBP> ,L_eBP?AB?'KCLOJ[QF@> &FPQcOF>?B?%BLDO>CF>?AB?+>QL?%OLPPL ,L_eBP?AB?ZQF@>?B?$FILPLCF> "FP@FMIFK>?#PMB@bCF@>?AB?>@LOAL?@LJ?>?E>?F? IFQ>_^L ?? ? !LKEB@FJBKQLP [PF@LP ????AL?QLQ>I?AB MLKQLP??K^L?MLABKAL?WBO>O?BJ?KBKERJ>?J>Q`OF>? AFP@FMIFK> ?? ??? ? !LKEB@FJBKQLP #PMB@bCF@LP 2LQ>I ?? ?? ? ?? ??? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  9. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ????? 1BO[ @LKPFABO>AL E>?FIFQ>AL K> .OLS> -?GBQFS> L @>KAFA>QL NRB L?QFSBO KL JbKFJL ??? ?;AFIM=FL9 HGJ ;=FLG? <G LGL9D <= HGFLGK <9 HJGN9 G:? B=LAN9??GM?K=B9??????;AFIM=FL9??HGFLGK??FYG?HG<=F<G?R=J9J?=E?F=F@ME9?<9K?E9L[JA9K?<AK;AHDAF9K? ????? !>?BO[?OB@ROPL?>L?OBPRIQ>AL?MOBIFJFK>O?ABPQ>?BQ>M>??@LKCLOJB?MOBSFPQL?KL?FQBJ????ABPQB?#AFQ>I? ?? ??.!?(%6?Sj+? ??,.+2??+?&!0%2? ??? ? >MIF@>_^L A> .OLS> -?GBQFS> PBO[ OB>IFW>A> KL +RKF@bMFL AB 4[OWB> %O>KAB B JRKF@bMFLP IFJbQOLCBP? PB KB@BPP[OFL? B BPQ[ MOBSFPQ> M>O> >P PBDRFKQBP A>Q>P?B?MBObLALP? ?9J?GK *]N=D?/MH=JAGJ ??F9DAKL9?(=?AKD9LANG??????????? *]N=D?)[<AG ?0[;FA;G?(=?AKD9LANG??????????? 9L9?,J=NAKL9 $GJVJAG ?@ ??@ ??? ??ARO>_^L?A>?.OLS>?-?GBQFS>?PBO[?AB ?@??IM9LJG?@GJ9K???FK@IRbAL?L?QBJML?M>O>?IBFQRO>?A>P?FKPQOR_eBP?B?MOBBK@EFJBKQL?AL?!>OQ^L?AB?0BPMLPQ>P? ????? ? MOLS> AL @>ODL AB ?K>IFPQ> *BDFPI>QFSL ?KbSBI PRMBOFLO? PBO[ >MIF@>A> KL QROKL A> J>KE^? B > MOLS> AB 2`@KF@L *BDFPI>QFSL ?KbSBI J`AFL? PBO[ >MIF@>A>?KL?QROKL?A>?Q>OAB? ????? -?@>KAFA>QL?MLABO[?OB>IFW>O?PLJBKQB?RJ>?MOLS>??OBCBOBKQB?>?RJ?fKF@L?@>ODL??MLO?QROKL?AB?OB>IFW>_^L?A>P?MOLS>P? ??? - @>OQ^L AB !LKSL@>_^L AB #Q>M> ?!!#? M>O> >P MOLS>P @LKQBKAL L IL@>I? > P>I> B L ELO[OFL AB OB>IFW>_^L BPQ>O^L AFPMLKbSBFP KL PFQB AL %FKLALMLG /=D=;GF?? TTT?PBIB@LK?LOD??O?>?M>OQFO?AB ??????????? ??? !>PL L Kf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f?IF@L? >P ABPMBP>P MOLSBKFBKQBP A> >IQBO>_^L PBO^L AB OBPMLKP>?FIFA>AB AL @>KAFA>QL? ??? - @>KAFA>QL ABSBO[ @LJM>OB@BO >L IL@>I ABPFDK>AL M>O> OB>IFW>_^L A>P MOLS>P @LJ RJ> ELO> AB >KQB@BAaK@F> AL FKb@FL A>P MOLS>P @LKCLOJB @OLKL? DO>J> ?F=PG %? JRKFAL AB @>KBQ> BPCBOLDO[CF@> AB QFKQ> >WRI LR MOBQ> K^L MLOLP>? AB J>QBOF>I QO>KPM>OBKQB? AL !>OQ^L AB !LKSL@>_^L AB #Q>M> ?!!#? B?AB?LOFDFK>I?AB?AL@RJBKQL?LCF@F>I?AB?FABKQFA>AB??@LKQBKAL?CLQLDO>CF>?B?>PPFK>QRO>? ?????? /=JYG ;GFKA<=J9<GK <G;ME=FLGK G>A;A9AK = GJA?AF9AK <= A<=FLA<9<=? @>OQBFO>P BUMBAFA>P MBILP !LJ>KALP +FIFQ>OBP ?BU?+FKFPQ`OFLP +FIFQ>OBP?? MBI>P 1B@OBQ>OF>P AB 1BDRO>K_>? MBILP !LOMLP AB LJ?BFOLP? MBI>P .LIb@F>P +FIFQ>OBP B MBILP cOD^LP CFP@>IFW>ALOBP AB BUBO@b@FL MOLCFPPFLK>I ?-OABKP? !LKPBIELP? BQ@??? M>PP>MLOQBP? @>OQBFO>P CRK@FLK>FP AL +FKFPQ`OFL .f?IF@L? +>DFPQO>QRO>? A> "BCBKPLOF> .f?IF@> B LRQO>P @>OQBFO>P BUMBAFA>P MLO cOD^L Mf?IF@L?NRB??MLO?*BF?$BABO>I??S>IBJ?@LJL?FABKQFA>AB??B?>?!>OQBFO>?,>@FLK>I?AB?&>?FIFQ>_^L? ??????? -?AL@RJBKQL?AB?FABKQFCF@>_^L?ABSBO[?BPQ>O?BJ?MBOCBFQ>?@LKAF_^L??>?CFJ?AB?MBOJFQFO??@LJ?@I>OBW>??>?FABKQFCF@>_^L?AL?@>KAFA>QL? ??????? ,^L?PBO^L?>@BFQLP?AL@RJBKQLP?AB?FABKQFA>AB?FIBDbSBFP??K^L?FABKQFCF@[SBFP?B?LR?A>KFCF@>ALP? ??????? ,L @>PL AB MBOA> LR OLR?L AL AL@RJBKQL AB FABKQFCF@>_^L? L @>KAFA>QL ABSBO[ >MOBPBKQ>O @BOQFA^L NRB >QBPQB L OBDFPQOL A> L@LOOaK@F> BJ cOD^L MLIF@F>I? BUMBAFA> E[? KL J[UFJL? ?? ?QOFKQ>? AF>P A> A>Q> A> OB>IFW>_^L A>P MOLS>P? B? >FKA>? ABSBO[ PBO PR?JBQFAL > FABKQFCF@>_^L BPMB@F>I? @LKPFPQFKAL K>?@LIBQ>?AB?FJMOBPP^L?AFDFQ>I? ??????? *YG K=JYG 9;=ALGK? MLO PBOBJ AL@RJBKQLP ABPQFK>ALP > LRQOLP CFKP? .OLQL@LILP? !BOQFA^L AB ,>P@FJBKQL? 2bQRIL #IBFQLO>I? !>OQBFO> ,>@FLK>I AB &>?FIFQ>_^L BJFQFA> >KQBOFLOJBKQB \ *BF $BABO>I Kn ?????? AB ?? AB PBQBJ?OL AB ???? ?NRB FKPQFQRF L !cAFDL AB 2O]KPFQL O>PFIBFOL?? !>OQBFO> AB #PQRA>KQB? !O>@E[P? 'ABKQFA>AB $RK@FLK>I AB K>QROBW> Mf?IF@> LR MOFS>A>? @cMF>P ALP AL@RJBKQLP @FQ>ALP? >FKA> NRB >RQBKQF@>A>P? LR NR>FPNRBO LRQOLP AL@RJBK? QLP?K^L?@LKPQ>KQBP?ABPQB?#AFQ>I? ??????? -?!LJMOLS>KQB?AB?'KP@OF_^L?B?L?!>OQ^L?AB?!LKSL@>_^L?AB?#Q>M>??!!#??K^L?QBO^L?S>IFA>AB?@LJL?AL@RJBKQL?AB?FABKQFA>AB?M>O>?>P?MOLS>P? ??? ,^L?PBO[?MBOJFQFAL?>L?@>KAFA>QL?OB>IFW>O?MOLS>P?CLO>?A>?A>Q>?BPQ>?BIB@FA>??AL?ELO[OFL?B?BPM>_L?CbPF@L?ABQBOJFK>AL?MBIL %FKLALMLG?/=D=;GF? ??? - @>KAFA>QL K^L MLABO[ >IBD>O ABP@LKEB@FJBKQL >@BO@> A> A>Q>? ELO[OFL B IL@>I AB OB>IFW>_^L A>P MOLS>P? M>O> CFKP AB GRPQFCF@>QFS> AB PR> >RPaK@F>? ???? 1BO[?BIFJFK>AL?ABPQB?!LK@ROPL?.f?IF@L?L?@>KAFA>QL?NRB?@EBD>O?>L?IL@>I?AB?MOLS>P?>McP?L?CB@E>JBKQL?ALP?MLOQeBP? ???? Z AB BU@IRPFS> OBPMLKP>?FIFA>AB AL @>KAFA>QL QLJ>O @FaK@F> AL QO>GBQL >Q` L IL@>I AB OB>IFW>_^L A>P MOLS>P? > CFJ AB BSFQ>O BSBKQR>FP >QO>PLP? PBKAL >@LKPBIE[SBI?>L?@>KAFA>QL?SFPFQ>O?L?IL@>I?AB?OB>IFW>_^L?A>P?MOLS>P?@LJ?>KQB@BAaK@F>? ???? ,^L?E>SBO[?PBDRKA>?@E>J>A>??PBG>?NR>I?CLO?L?JLQFSL?>IBD>AL?M>O>?GRPQFCF@>O?L?>QO>PL?LR?>?>RPaK@F>?AL?@>KAFA>QL? ???? - K^L @LJM>OB@FJBKQL \P MOLS>P? MLO NR>INRBO JLQFSL? @>O>@QBOFW>O[ > ABPFPQaK@F> AL @>KAFA>QL B OBPRIQ>O[ BJ PR> BIFJFK>_^L ABPQB !LK@ROPL .f?IF@L? ???? - @>KAFA>QL NRB? MLO NR>INRBO JLQFSL? K^L QFSBO PBR KLJB @LKPQ>KAL K> !LKSL@>_^L M>O> >P .OLS>P? J>P NRB >MOBPBKQB L OBPMB@QFSL @LJMOLS>KQB AB M>D>JBKQL? BCBQR>AL KLP JLIABP MOBSFPQLP KBPQB #AFQ>I? MLABO[ M>OQF@FM>O AL !LK@ROPL .f?IF@L? ABSBKAL MOBBK@EBO B >PPFK>O CLOJRI[OFL BPMB@bCF@L KL?AF>?A>P?MOLS>P? ?????? ? FK@IRP^L AB NRB QO>Q> L PR?FQBJ ????? PBO[ OB>IFW>A> AB CLOJ> @LKAF@FLK>I? PRGBFQ> > MLPQBOFLO SBOFCF@>_^L NR>KQL \ OBDRI>OFA>AB A> OBCBOFA> FKP? @OF_^L? ?????? !LKPQ>Q>A> > FOOBDRI>OFA>AB A> FKP@OF_^L? > FK@IRP^L AL @>KAFA>QL PBO[ >RQLJ>QF@>JBKQB @>K@BI>A>? PBKAL @LKPFABO>ALP KRILP QLALP LP >QLP ABI> AB@LOOBKQBP? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  10. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ???? - @>KAFA>QL ABSBO[ >@OBP@BKQ>O PR> >PPFK>QRO> K> IFPQ> AB MOBPBK_>? AB >@LOAL @LJ >NRBI> @LKPQ>KQB AL PBR AL@RJBKQL AB FABKQFA>AB? SBA>A> > >MLPF_^L?AB?OR?OF@>? ?????McP >ABKQO>O > P>I> AB MOLS>? L @>KAFA>QL K^L MLABO[ @LKPRIQ>O LR J>KRPB>O NR>INRBO J>QBOF>I AB BPQRAL LR AB IBFQRO> BKNR>KQL >DR>OA> L ELO[OFL AB?FKb@FL?A>?MOLS>? ???? "BMLFP AB FABKQFCF@>AL B FKPQ>I>AL? L @>KAFA>QL PLJBKQB MLABO[ ABFU>O > P>I> >McP L FKb@FL A> MOLS>? JBAF>KQB @LKPBKQFJBKQL MO`SFL? >@LJM>KE>AL AB?RJ?CFP@>I?LR?PL??>?CFP@>IFW>_^L?A>?BNRFMB?AB?>MIF@>_^L?AB?MOLS>P? ???? ,L IL@>I AB OB>IFW>_^L A>P MOLS>P? K^L PBO[ MBOJFQFAL >L @>KAFA>QL L RPL AB c@RILP BP@ROLP? ?LK`? @E>M`R? DLOOL? IBK_L? KBJ ABSBO[ C>WBO RPL LR MLOQ>O? JBPJL NRB ABPIFD>ALP? QBIBCLKB @BIRI>O? pagers? ?FM? >DBKA> BIBQOdKF@>? OBIcDFL >K>IcDF@L LR AFDFQ>I? @>I@RI>ALO>? walkman, notebook, palm- top, ipad, tablet? DO>S>ALO? MLKQL BIBQOdKF@L? QO>KPJFPPLO?OB@BMQLO AB JBKP>DBKP AB NR>INRBO QFML LR NR>INRBO LRQOL BNRFM>JBKQL BIBQOdKF@L? NR>INRBO BPM`@FB AB @LKPRIQ> LR @LJRKF@>_^L BKQOB LP @>KAFA>QLP LR BKQOB BPQBP B MBPPL>P BPQO>KE>P? LO>IJBKQB LR MLO BP@OFQL? >PPFJ @LJL K^L PBO[ MBOJFQFA> >KLQ>_^L AB FKCLOJ>_eBP OBI>QFS>P \P PR>P OBPMLPQ>P ?@LMF>O D>?>OFQL? MLO NR>INRBO JBFL? RPL AB KLQ>P? >KLQ>_eBP? IFSOLP? FJMOBPPLP? J>KRP@OFQLP? @c? AFDLP??J>KR>FP?LR?NR>INRBO?LRQOL?J>QBOF>I?IFQBO[OFL?LR?SFPR>I??-?ABP@RJMOFJBKQL?ABPQ>?FKPQOR_^L?FJMIF@>O[?>?BIFJFK>_^L?AL?@>KAFA>QL? ?????? 2BIBCLKB @BIRI>O? O[AFL @LJRKF@>ALO B >M>OBIELP BIBQOdKF@LP ALP @>KAFA>QLP? BKNR>KQL KL IL@>I AB MOLS>? ABSBO^L MBOJ>KB@BO ABPIFD>ALP? QBKAL PR> ?>QBOF> OBQFO>A>? PB MLPPbSBI? KL JLJBKQL AB >@BPPL \ P>I> AB MOLS> B >@LJLA>ALP L?OFD>QLOF>JBKQB BJ MLOQ>?L?GBQLP AB MI[PQF@L I>@O>AL? > PBO CLOKB@FAL?MBI>?@LLOABK>_^L?A>?>MIF@>_^L?AL?@BOQ>JB? ?????? ,L @>PL AB QBIBCLKB @BIRI>O? AL QFML smartphone? BJ NRB K^L ` MLPPbSBI > OBQFO>A> A> ?>QBOF>? L >M>OBIEL ABSBO[ PBO ABPIFD>AL? PBKAL >@LJLA>AL BJ MLOQ>?L?GBQLP? I>@O>AL? !>PL Q>FP >M>OBIELP BJFQ>J NR>INRBO SF?O>_^L LR PLJ ARO>KQB > OB>IFW>_^L A> MOLS>? L @>KAFA>QL PBO[ BIFJFK>AL AL !LK@RO? PL? ?????? - @>KAFA>QL NRB? ARO>KQB > OB>IFW>_^L A>P MOLS>P? CLO BK@LKQO>AL MLOQ>KAL NR>INRBO RJ ALP L?GBQLP BPMB@FCF@>ALP KL FQBJ ????? FK@IRFKAL LP >M>OBIELP?BIBQOdKF@LP?@FQ>ALP??JBPJL?NRB?ABPIFD>ALP?LR?PBJ?>?CLKQB?AB?BKBODF>??PBO[?>RQLJ>QF@>JBKQB?BIFJFK>AL?AL?!LK@ROPL?.f?IF@L? ?????? Z SBA>A> > BKQO>A> AB @>KAFA>QL KL IL@>I AB MOLS> MLOQ>KAL NR>INRBO BPM`@FB AB >OJ>? MOFK@FM>IJBKQB >OJ> AB CLDL LR L?GBQLP PFJFI>OBP? JBPJL NRB?MLPPR>?L?OBPMB@QFSL?MLOQB??PL??MBK>?AB?BIFJFK>_^L?AL?@BOQ>JB? ?????? "BJ>FP MBOQBK@BP MBPPL>FP PBO^L ABFU>ALP BJ?>FUL A>P @>OQBFO>P?@>ABFO>P ARO>KQB QLAL L MBObLAL AB MBOJ>KaK@F> ALP @>KAFA>QLP K> P>I> AB MOLS>? K^L PB OBPMLKP>?FIFW>KAL > ?XE9J9 )MFA;AH9D <= 2VJR=9 #J9F<=?)0 B - %FKLALMLG /=D=;GF MLO MBOA>P? BUQO>SFLP LR A>KLP NRB BSBKQR>IJBKQB L@LOOBOBJ? ?????? Z >PPBDRO>AL >L @>KAFA>QL NRB RQFIFWB S`R FPI]JF@L LR SBPQFJBKQ> AB NR>INRBO OBIFDF^L K> M>OQB PRMBOFLO A> @>?B_>? ABPAB NRB L OLPQL K^L BPQBG> @L?BOQL B NRB PBG> CO>KNRB>A> \ !LJFPP^L AL !LK@ROPL > MO`SF> FKPMB_^L A> M>OQB AL @LOML > PBO @L?BOQ>? AB PLOQB > >C>PQ>O PRPMBFQ> LR FKAb@FL AB CO>RAB? ?????? - @>KAFA>QL NRB MOB@FPB RQFIFW>O SBPQFJBKQ> BPMB@bCF@> ABSFAL \ OBIFDF^L ABSBO[ FKCLOJ>O BPP> MB@RIF>OFA>AB \ -OD>KFW>_^L AL @BOQ>JB >QO>S`P AL B?J>FI?LR?@LKQ>QLP?MOBSFPQLP?KL?PR?FQBJ??????? ???? - %FKLALMLG /=D=;GF OB@LJBKA> NRB L @>KAFA>QL IBSB M>O> > OB>IFW>_^L A>P MOLS>P >MBK>P L AL@RJBKQL LOFDFK>I AB FABKQFA>AB? @>KBQ> >WRI LR MOBQ>??AB?J>QBOF>I?QO>KPM>OBKQB??B?!>OQ^L?AB?!LKSL@>_^L?AB?#Q>M>??!!#?? ???? 1BO^L CLOKB@FALP >LP @>KAFA>QLP LP !>ABOKLP AB /RBPQeBP B L !>OQ^L AB 0BPMLPQ>P A> .OLS> -?GBQFS> MBOPLK>IFW>A>P @LJ PBRP A>ALP? M>O> @LIBQ>?A>?>PPFK>QRO>?KL?@>JML?>MOLMOF>AL?B?QO>KP@OF_^L?A>P?OBPMLPQ>P? ???? - @>KAFA>QL ABSBO[ @LKCBOFO LP PBRP A>ALP MBPPL>FP FJMOBPPLP KL !>OQ^L AB 0BPMLPQ>P? BJ BPMB@F>I PBR KLJB? A>Q> AB K>P@FJBKQL B KfJBOL AL AL@RJBKQL?AB?FABKQFA>AB? ???? 1LJBKQB PBO[ MBOJFQFA> > QO>KP@OF_^L A>P OBPMLPQ>P KL !>OQ^L AB 0BPMLPQ>P? @LJ L RPL AB @>KBQ> BPCBOLDO[CF@> AB QFKQ> >WRI LR MOBQ> ?AB J>QBOF>I QO>KPM>OBKQB?? NRB PBO[ L fKF@L AL@RJBKQL S[IFAL M>O> > @LOOB_^L? PBKAL SBA>A> NR>INRBO @LI>?LO>_^L LR M>OQF@FM>_^L AB QBO@BFOLP? OBPMBFQ>A>P >P @LKAF_eBP?PLIF@FQ>A>P?B?@LK@BAFA>P?>LP?@>KAFA>QLP??KLP?QBOJLP?AL?FQBJ???ABPQB?#AFQ>I? ???? - @>KAFA>QL K^L MLABO[ >J>PP>O? JLIE>O? AL?O>O? O>PD>O LR? AB NR>INRBO JLAL? A>KFCF@>O >P $LIE>P AB 0BPMLPQ>P? PL? MBK> AB >O@>O @LJ LP MOBGRbWLP?>ASFKALP?AB?PBR?ABP@RFAL? ???? #J KBKERJ> EFMcQBPB E>SBO[ PR?PQFQRF_^L AL !>OQ^L AB 0BPMLPQ>P MLO BOOL AL @>KAFA>QL? ABSBKAL BPQB >O@>O @LJ LP MOBGRbWLP >ASFKALP AB PBR ABP@RFAL? ???? ,^L PBO^L @LJMRQ>A>P NRBPQeBP K^L OBPMLKAFA>P? NRB @LKQBKE>J J>FP AB RJ> OBPMLPQ> ?JBPJL NRB RJ> ABI>P BPQBG> @LOOBQ>?? BJBKA>P LR O>PRO>P??>FKA>?NRB?IBDbSBFP? ???? - @>KAFA>QL K^L ABSBO[ C>WBO KBKERJ> J>O@> CLO> AL @>JML OBPBOS>AL \P OBPMLPQ>P LR \ >PPFK>QRO>? MLFP NR>INRBO J>O@> MLABO[ PBO OBDFPQO>A> MBI>?IBFQLO>?cQF@>??@LJ?MLPPbSBI?MOBGRbWL?>L?PBR?ABPBJMBKEL? ???? - MOBBK@EFJBKQL AL !>OQ^L AB 0BPMLPQ>P A>P MOLS>P PBO[ AB FKQBFO> OBPMLKP>?FIFA>AB AL @>KAFA>QL? NRB ABSBO[ MOL@BABO BJ @LKCLOJFA>AB @LJ >P?FKPQOR_eBP?BPMB@bCF@>P?@LKQFA>P?KBPQB?#AFQ>I?B?K>P?@>M>P?ALP?!>ABOKLP?AB?/RBPQeBP?AB?MOLS>? ???? ,L AF> AB OB>IFW>_^L A>P MOLS>P? L @>KAFA>QL PBO[ PR?JBQFAL > FABKQFCF@>_^L MBIL CFP@>I AB P>I> B > BSBKQR>I FKPMB_^L AB ABQB@_^L AB JBQ>I MBIL CFP@>I??@LJ?BU@B_^L?AL?J>O@>M>PPL??@LJ?PR>?ABSFA>?FABKQFCF@>_^L? ?????? - @>KAFA>QL NRB C>W RPL AB J>O@>M>PPL ABSB BKSF>O RJ >QBPQ>AL J`AF@L >L %FKLALMLG /=D=;GF >Q` L AF> ??????????? M>O> OB@B?BO QO>Q>JBKQL >ABNR>AL?KL?NRB?PB?OBCBOB?\?FKPMB_^L?AB?PBDRO>K_>?M>O>?BKQO>A>?K>?P>I>?AB?MOLS>P? ???? ?P FKPQOR_eBP @LKPQ>KQBP ALP !>ABOKLP AB .OLS>P B KL !>OQ^L AB 0BPMLPQ>P? ?BJ @LJL >P LOFBKQ>_eBP B FKPQOR_eBP BUMBAFA>P MBIL %FKLALMLG /=D=;GF ARO>KQB?>?OB>IFW>_^L?A>P?MOLS>P??@LJMIBJBKQ>J?BPQB?#AFQ>I?B?ABSBO^L?PBO?L?PBOS>A>P?B?PBDRFA>P?MBIL?@>KAFA>QL??PL??MBK>?AB?BIFJFK>_^L? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  11. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ???? ?McP FABKQFCF@>_^L M>O> BKQO>A> B >@LJLA>_^L K> P>I>? PLJBKQB PBO[ MBOJFQFAL >L @>KAFA>QL >RPBKQ>O?PB A> P>I>? BU@IRPFS>JBKQB? KLP @>PLP AB >IQBO>_^L?MPF@LIcDF@>?B?LR?CFPFLIcDF@>?QBJMLO[OF>?AB?KB@BPPFA>AB?BUQOBJ>?>KQBP?AL?FKb@FL?A>?MOLS>??ABPAB?NRB?>@LJM>KE>AL?AB?RJ?CFP@>I? ?????? -?@>KAFA>QL?NRB??MLO?NR>INRBO?JLQFSL??K^L?OBQLOK>O?\?P>I>?PBO[?>RQLJ>QF@>JBKQB?BIFJFK>AL?AL?!LK@ROPL?.f?IF@L? ???? ,^L?E>SBO[?MOLOOLD>_^L?AL?QBJML?AB?ARO>_^L?A>P?MOLS>P??OBPMBFQ>KAL?PB?>P?@LKAF_eBP?MOBSFPQ>P?KBPQB?#AFQ>I? ???? 1LJBKQB PBO[ MBOJFQFAL >L @>KAFA>QL OBQFO>O?PB ABCFKFQFS>JBKQB A> P>I> AB MOLS> ABMLFP AB QO>KP@LOOFAL L QBJML AB ? ?ME9? @GJ9 <= K=M AF];AG? JBAF>KQB?> =FLJ=?9?G:JA?9L^JA9 <G??9JLYG?<=?.=KHGKL9K?=?<GK??9<=JFGK?<=?,JGN9K ABSFA>JBKQB?MOBBK@EFALP?B?>PPFK>ALP?>L?CFP@>I?AB?P>I>? ?????? ?L?CFK>I?A>?.OLS>??LP????QOaP??fIQFJLP?@>KAFA>QLP?ABSBO^L?MBOJ>KB@BO?K>?P>I>??>Q`?NRB?L?fIQFJL?@>KAFA>QL?CFK>IFWB?PR>?MOLS>? ???? - @>KAFA>QL NRB? MLO NR>INRBO JLQFSL LR OB@RP>? K^L MBOJ>KB@BO BJ P>I> ARO>KQB L MBObLAL JbKFJL BPQ>?BIB@FAL KL FQBJ ???? PBO[ >RQLJ>QF@>? JBKQB?BIFJFK>AL?AL?!LK@ROPL?.f?IF@L??ABSBKAL?>?L@LOOaK@F>?PBO?I>SO>A>?K>??Q>?AB?P>I>? ???? ,^L PBO[ MBOJFQFA>? KLP IL@>FP AB OB>IFW>_^L A>P MOLS>P? > BKQO>A> B?LR MBOJ>KaK@F> AB MBPPL>P K^L >RQLOFW>A>P MBIL %FKLALMLG /=D=;GF? L?PBO? S>AL?L?MOBSFPQL?KL?FQBJ????????ABPQB?#AFQ>I? ???? ?L?BKQOBD>OBJ?>P?MOLS>P??LP?@>KAFA>QLP?ABSBO^L?OBQFO>O?PB?FJBAF>Q>JBKQB?AL?IL@>I??K^L?PBKAL?MLPPbSBI?KBJ?JBPJL?>?RQFIFW>_^L?ALP??>KEBFOLP? ?????? 1c?PBO[?MBOJFQFAL?>L?@>KAFA>QL?IBS>O?LP?!>ABOKLP?AB?/RBPQeBP?>?M>OQFO?AB????RJ>??ELO>?M>O>?L?ELO[OFL?AB?Q`OJFKL?A>?MOLS>? ?????? .LO?JLQFSL?AB?PBDRO>K_>??K^L?PBO[?MBOJFQFAL?>L?@>KAFA>QL?>?@cMF>?AB?D>?>OFQLP?MLO?NR>INRBO?JBFL?ARO>KQB?>?OB>IFW>_^L?A>?MOLS>? ???? ,L AF> A> OB>IFW>_^L A>P MOLS>P? K^L PBO^L CLOKB@FA>P? MLO NR>INRBO JBJ?OL A> BNRFMB AB >MIF@>_^L A>P MOLS>P B?LR MBI>P >RQLOFA>ABP MOBPBKQBP? FKCLOJ>_eBP?OBCBOBKQBP?>L?@LKQBfAL?A>P?MOLS>P?B?LR?@OFQ`OFLP?AB?>S>IF>_^L?@I>PPFCF@>_^L? ???? -P %>?>OFQLP MOBIFJFK>OBP A>P .OLS>P -?GBQFS>P PBO^L AFSRID>ALP KL PFQB AL %FKLALMLG /=D=;GF ? TTT?PBIB@LK?LOD??O? BJ >Q` ?? ?SFKQB B NR>QOL? ELO>P?>McP?>?>MIF@>_^L?A>?MOLS>?L?GBQFS>? ???? -P !>ABOKLP AB /RBPQeBP A>P .OLS>P -?GBQFS>P PBO^L AFSRID>ALP KL PFQB %FKLALMLG /=D=;GF ? TTT?PBIB@LK?LOD??O K> JBPJ> A>Q> A> AFSRID>_^L ALP?D>?>OFQLP?B?>MBK>P?ARO>KQB?L?MO>WL?OB@ROP>I? ???? - BPMBIEL AL !>OQ^L AB 0BPMLPQ>P AL @>KAFA>QL PBO[ AFSRID>AL KL PFQB AL %FKLALMLG /=D=;GF ? TTT?PBIB@LK?LOD??O K> JBPJ> A>Q> A> AFSRID>_^L AL?0BPRIQ>AL?.OBIFJFK>O?A>P?KLQ>P??B??>MBK>P??ARO>KQB?L?MO>WL?OB@ROP>I? ????/!.t?!(%)%*? +?+???* % ?0+?-1!? 9? @EBD>O?>L?IL@>I?AB?MOLS>P?>McP?L?CB@E>JBKQL?ALP?MLOQeBP?LR?CLO>?ALP?IL@>FP?AB?MOLS>?MO`?ABQBOJFK>ALP? :? K^L?@LJM>OB@BO?>L?IL@>I?AB?MOLS>?MO`?ABQBOJFK>AL??PBG>?NR>I?CLO?L?JLQFSL?>IBD>AL? ;? K^L?>MOBPBKQ>O?L?AL@RJBKQL?AB?FABKQFA>AB?BUFDFAL?KL?FQBJ????????ABPQB?#AFQ>I?B?PBRP?PR?FQBKP? <? >RPBKQ>O?PB A> P>I> AB MOLS>P PBJ L >@LJM>KE>JBKQL AL CFP@>I? LR >KQBP AL QBJML JbKFJL AB MBOJ>KaK@F> BPQ>?BIB@FAL KL PR?FQBJ ????? ABPQB #AFQ>I? =? CFWBO RPL AB KLQ>P? >KLQ>_eBP? IFSOLP? FJMOBPPLP? J>KRP@OFQLP? @cAFDLP? J>KR>FP LR NR>INRBO LRQOL J>QBOF>I IFQBO[OFL LR SFPR>I? P>ISL PB BUMOBPP>JBKQB >AJFQFAL?KL?#AFQ>I? >? CLO PROMOBBKAFAL RP>KAL ?LK`? DLOOL? @E>M`R? c@RILP AB PLI? NR>FPNRBO BNRFM>JBKQLP BIBQOdKF@LP JBPJL NRB ABPIFD>ALP @LJL? @>I@RI>ALO>? walkman, notebook, palmtop, ipod, tablet, >DBKA> BIBQOdKF@>? OBIcDFL? DO>S>ALO LR LRQOLP PFJFI>OBP? LR FKPQORJBKQLP AB @LJRKF@>_^L FKQBOK> LR BUQBOK>? Q>FP @LJL QBIBCLKB?@BIRI>O???FM? pager, MLKQLP?BIBQOdKF@LP??BKQOB?LRQOLP??LR?ABIBP?NRB?CFWBO?RPL? ?? I>K_>O?J^L?AB?JBFLP?FIb@FQLP?M>O>?BUB@RQ>O?>P?MOLS>P? @? K^L?ABSLISBO?LP?!>ABOKLP?AB?.OLS>P?B?>P?$LIE>P?AB?0BPMLPQ>P?@LKCLOJB?L?PR?FQBJ???????ABPQB?#AFQ>I? A? CFWBO?>KLQ>_^L?AB?FKCLOJ>_eBP?OBI>QFS>P?\P?PR>P?OBPMLPQ>P??@LMF>O?D>?>OFQL??CLO>?ALP?JBFLP?MBOJFQFALP? B? >RPBKQ>O?PB?A>?P>I>?AB?MOLS>P??MLOQ>KAL?>P?$LIE>P?AB?0BPMLPQ>P?B?LR?!>ABOKLP?AB?.OLS>P??L?PBOS>AL?L?PR?FQBJ???????? C? K^L?@RJMOFO?>P?FKPQOR_eBP?@LKQFA>P?KLP?!>ABOKLP?AB?.OLS>P?B?K>P?$LIE>P?AB?0BPMLPQ>P? D? RQFIFW>O?LR?QBKQ>O?RQFIFW>O?JBFLP?CO>RARIBKQLP?LR?FIBD>FP?M>O>?L?QBO?>MOLS>_^L?MOcMOF>?LR?AB?QBO@BFOLP??BJ?NR>INRBO?BQ>M>?AL?!LK@ROPL?.f?IF@L? E? K^L?MBOJFQFO?>?@LIBQ>?AB?PR>?>PPFK>QRO>? F? OB@RP>O?PR?JBQBO?PB?>?FABKQFCF@>_^L?B?FKPMB_^L?AB?ABQB@_^L?AB?JBQ>I? G? CLQLDO>C>O??CFIJ>O?LR??AB?>IDRJ>?CLOJ>??OBDFPQO>O?B?AFSRID>O?FJ>DBKP?B?FKCLOJ>_eBP?>@BO@>?AL?IL@>I?A>?MOLS>??A>?MOLS>?B?AB?PBRP?M>OQF@FM>KQBP? H? ABPOBPMBFQ>O??LCBKABO??>DOBAFO?LR??AB?NR>INRBO?LRQO>?CLOJ>??QBKQ>O?MOBGRAF@>O?LRQOL?@>KAFA>QL? I? MBOQRO?>O?AB?NR>INRBO?JLAL?>?LOABJ?ALP?QO>?>IELP?ARO>KQB?>?MOBM>O>_^L?LR?OB>IFW>_^L?A>P?MOLS>P? J? QO>Q>O?BU>JFK>ALOBP??>RUFIF>OBP??>MIF@>ALOBP?LR?>RQLOFA>ABP?MOBPBKQBP?@LJ?C>IQ>?AB?RO?>KFA>AB? K? OB@RP>O?PB > PBDRFO >P FKPQOR_eBP A>A>P MLO JBJ?OL A> !LJFPP^L -OD>KFW>ALO>? A> BNRFMB AB >MIF@>_^L B >MLFL \P MOLS>P LR NR>INRBO LRQO> >RQLOF? A>AB?MOBPBKQB?KL?IL@>I?AL?@BOQ>JB? L? ABFU>O AB >QBKABO \P KLOJ>P @LKQFA>P KLP !>OQ^L AB !LKSL@>_^L AB #Q>M> ?!!#?? KLP !>ABOKLP AB .OLS>P B K>P $LIE>P AB 0BPMLPQ>P B ABJ>FP LOFBKQ>_eBP?FKPQOR_eBP?BUMBAFA>P?MBIL %FKLALMLG?/=D=;GF? ???? ???2?(%?Sj+? !?0u01(+/??KGE=FL=?H9J9?;9J?GK?<=?*]N=D?/MH=JAGJ? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  12. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ???? 1BO^L @LKSL@>ALP M>O> > ?N9DA9ZYG <= 0]LMDGK PLJBKQB LP @>KAFA>QLP E>?FIFQ>ALP K> MOLS> L?GBQFS>? H9J9 ;9J?GK <= *]N=D /MH=JAGJ 9L[ G DAEAL= <= ?? ?NAFL=? N=R=K G FaE=JG <= N9?9K G>=JL9<9K? J>FP LP BJM>Q>ALP KL QLQ>I AB MLKQLP K> fIQFJ> MLPF_^L? >I`J AB QLALP LP @>KAFA>QLP @LJ ABCF@F? aK@F>??.@"??E>?FIFQ>ALP?K>?.OLS>?-?GBQFS>? >A;9F<G?LG<GK?GK?<=E9AK?;9F<A<9LGK?=DAEAF9<GK?<G?;GF;MJKG?H9J9?LG<GK?GK?=>=ALGK? ???? -P @>KAFA>QLP @LKSL@>ALP M>O> > ?S>IF>_^L AB 2bQRILP @LKCLOJB L MOBSFPQL KL PR?FQBJ >KQBOFLO ABSBO^L BKSF>O PBRP QbQRILP >QO>S`P AB IFKH BPMB@bCF@L KL PFQB AL %FKLALMLG /=D=;GF ? TTT?PBIB@LK?LOD??O? KL MO>WL MOBSFPQL @OLKLDO>J> AL @LK@ROPL ??KBUL '?? SF> upload? @LKCLOJB MOBSFPQL KL PR?FQBJ ???? ??ABPQB?BAFQ>I? ???? ? ?S>IF>_^L AB 2bQRILP? AB @>O[QBO BU@IRPFS>JBKQB @I>PPFCF@>QcOFL? QBO[ > MLKQR>_^L J[UFJ> AB ??? ?KLSB? MLKQLP? >FKA> NRB > PLJ> ALP S>ILOBP ALP QbQRILP?B?ALP?@LJMOLS>KQBP?>MOBPBKQ>ALP?PBG>?PRMBOFLO?>?BPQB?S>ILO? ????? 1LJBKQB PBO[ @LK@BAFA> MLKQR>_^L > QbQRIL BJFQFAL MLO 'KPQFQRF_^L @OBABK@F>A> GRKQL >L +FKFPQ`OFL A> #AR@>_^L ?+#!?? ;GE >J=FL= = N=JKG B <=FLJG <9 VJ=9 <= 9LM9ZYG <G ;9J?G HJ=L=F<A<G? "BSBO[ PBO MLPPbSBI \ >K@> AB ?K[IFPB AB 2bQRILP SBOFCF@>O L @OBABK@F>JBKQL >QO>S`P A> MLOQ>OF> B MR?IF@>_^L?BJ?"?-?3??FK@IRPLP?K>?@cMF>?AL?@BOQFCF@>AL?LR?AFMILJ>?>MOBPBKQ>AL?LR?MLO?JBFL?AL?PFQB?BJB@?JB@?DLS??O? ?????? #J OBI>_^L >LP @LJMOLS>KQBP AB @LK@IRP^L AB @ROPL AB McP?DO>AR>_^L Stricto Sensu? PLJBKQB PBO^L >@BFQLP >? "FMILJ> ABSFA>JBKQB OBDFPQO>AL? ?? !BOQFA^L LR !BOQFCF@>AL AB !LK@IRP^L >@LJM>KE>AL AB ?Q> AB "BCBP> AB AFPPBOQ>_^L LR QBPB PBJ NR>INRBO @LKAF_^L M>O> L?QBK_^L AL QbQRIL? BU? MBAFALP MLO FKPQFQRF_^L OB@LKEB@FA> B @OBABK@F>A> MBIL +#! KL >QL A> BUMBAF_^L AL AL@RJBKQL? KL NRB PB OBCBOB >LP @LJMOLS>KQBP AB @LK@IRP^L AB @ROPL AB McP?DO>AR>_^L Lato Sensu? PLJBKQB PBO^L >@BFQLP >? !BOQFCF@>ALP? ?? !BOQFAeBP LR >QBPQ>ALP AB @LK@IRP^L AB @ROPL AB BPMB@F>IFW>_^L? >@LJM>KE>ALP AL EFPQcOF@L BP@LI>O? BJFQFALP MLO FKPQFQRF_^L OB@LKEB@FA> B @OBABK@F>A> MBIL +#! KL >QL A> BUMBAF_^L AL AL@RJBKQL? AB >@LOAL @LJ >P?ABQBOJFK>_eBP?AL?!LKPBIEL?,>@FLK>I?AB?#AR@>_^L?SFDBKQBP?\?`ML@>?A>?OB>IFW>_^L?AL?@ROPL? ?????? ,^L PBO^L >@BFQLP @LJL @LJMOLS>KQBP AB @LK@IRP^L AB @ROPL >MBK>P &FPQcOF@L #P@LI>O? AB@I>O>_eBP AB @RJMOFJBKQL AB AFP@FMIFK>P LR @O`AFQLP LR?NR>FPNRBO?LRQOLP?AL@RJBKQLP?AFCBOBKQBP?ALP?BPQ>?BIB@FALP?KBPQB?#AFQ>I? ?????? ?MBK>P LP @ROPLP G[ @LK@IRbALP >Q` > A>Q> A> @LKSL@>_^L M>O> >MOBPBKQ>_^L ALP 2bQRILP PBO^L M>PPbSBFP AB MLKQR>_^L K> >S>IF>_^L? ? @LK@IRP^L AL?@ROPL?BKDIL?>?>?>MOBPBKQ>_^L?LR?ABCBP>?AB?2!!??JLKLDO>CF>??AFPPBOQ>_^L?LR?QBPB??@LKCLOJB?L?@>PL? ??????? 1BO^L >@BFQLP >QBPQ>ALP B AB@I>O>_eBP AB @LK@IRP^L AB @ROPL ?BPMB@F>IFW>_^L? JBPQO>AL B ALRQLO>AL?? ABPAB NRB G:JA?9LGJA9E=FL= 9;GEH9? F@9<GK <= @AKL^JA;G =K;GD9J G>A;A9D? @LJ FKAF@>_^L AB @LK@IRP^L AB QLALP LP @O`AFQLP LR AFP@FMIFK>P B ABCBP> AB JLKLDO>CF>? AFPPBOQ>_^L LR QBPB? PBJ NR>INRBO @LKAF_^L M>O> L?QBK_^L AL QbQRIL? ABPAB NRB BUMBAFALP MLO FKPQFQRF_^L OB@LKEB@FA> B @OBABK@F>A> MBIL +#!? @LJ OBDFPQOL >QFSL BJ BJB@?JB@? DLS??O ???? -P?AL@RJBKQLP?ABSBO^L?BPQ>O?BJ?MBOCBFQ>P?@LKAF_eBP??AB?CLOJ>?>?MBOJFQFO?>?>S>IF>_^L?@LJ?@I>OBW>? ??????? - @>KAFA>QL ABSBO[ AFDFQ>IFW>O LP AL@RJBKQLP KL CLOJ>QL 0#20?2- ?SBOQF@>I? LR .?'1?%#+ ?ELOFWLKQ>I?? @LJ >P FKCLOJ>_eBP AFPMLKbSBFP M>O> LP?>S>IF>ALOBP?PBJ?KB@BPPFA>AB?AL?RPL?AL?OB@ROPL?AB?uDFO>O?SFPR>IFW>_^Lv??@LKCLOJB?FJ>DBKP?>?PBDRFO? "GJE9?;GJJ=L9?<=?<A?AL9ZYG?<GK?<G;ME=FLGK "GJE9?AF;GJJ=L9?<=?<A?AL9ZYG?<GK?<G;ME=FLGK ???? -P AL@RJBKQLP @LJMOL?>QcOFLP AB @ROPLP OB>IFW>ALP KL BUQBOFLO PLJBKQB PBO^L @LKPFABO>ALP NR>KAL CLOBJ @LJM>QbSBFP @LJ L BUBO@b@FL AB >QF? SFA>ABP @LOOBPMLKABKQBP >L @>ODL MIBFQB>AL B JBAF>KQB QO>AR_^L M>O> > IbKDR> MLOQRDRBP> MLO QO>ARQLO GRO>JBKQ>AL B ABSFA>JBKQB OBS>IFA>AL MLO RKFSBOPFA>ABP?LCF@F>FP?@OBABK@F>A>P?MBIL?+FKFPQ`OFL?A>?#AR@>_^L???+#!? ???? - !BOQFCF@>AL AB @ROPL AB McP?DO>AR>_^L lato-sensu? BJ KbSBI AB BPMB@F>IFW>_^L? NRB K^L >MOBPBKQ>O > @>OD> ELO[OF> JbKFJ> AB ???E?>RI> K^L PBO[?MLKQR>AL? ???? -P?AL@RJBKQLP?M>O>?>??S>IF>_^L?AB?2bQRILP?NRB?K^L?MOBBK@EBOBJ?>P?BUFDaK@F>P?AB?@LJMOLS>_^L?@LKQFA>P?KBPQB?#AFQ>I?K^L?PBO^L?@LKPFABO>ALP? ???? ,^L?PBO^L?>@BFQLP?AL@RJBKQLP?NRB?K^L?>QBKABOBJ?>LP?MO>WLP?B?\P?BUFDaK@F>P?ABPQB?#AFQ>I?B?PR>P?@LJMIBJBKQ>_eBP? ????? ,^L PBO^L >S>IF>ALP LP AL@RJBKQLP BKSF>ALP >L %FKLALMLG /=D=;GF CLO> AL MO>WL LR AB CLOJ> AFCBOBKQB AL BPQ>?BIB@FAL KBPQB #AFQ>I B PR>P @LJ? MIBJBKQ>_eBP? ????? ,^L?PBO^L?>S>IF>ALP?LP?AL@RJBKQLP?NRB?K^L?CLOBJ?BKSF>ALP?K>?CLOJ>?B?MO>WL?BPQ>?BIB@FALP?KL?PR?FQBJ??????ABPQB?BAFQ>I? ????? -P?AL@RJBKQLP?M>O>??S>IF>_^L?AB?2bQRILP?PBO^L?MLKQR>ALP?@LKCLOJB?>?2>?BI>?>?>FUL? 0??!(?? !??2?(%?Sj+? !?0u01(+/ 'QBJ AB ?K[IFPB /R>KQFA>AB J[UFJ>?AB @LJMOLS>KQBP "BP@OF_^L?AL 2bQRIL .LKQR>_^L MLO?2bQRIL .LKQR>_^L +[UFJ> !LJMOLS>KQB?"BP@OF_^L?AL?"L@RJBKQL?>?PBO?BKQOBDRB?M>O>?>K[IFPB "FMILJ>?LR?!BOQFCF@>AL?AB?@LK@IRP^L?AB?@ROPL?AB?"LRQLO>AL??ABSFA>JBKQB?OBDFPQO>AL? CLOKB@FAL?MLO?FKPQFQRF_^L?AB?BKPFKL?OB@LKEB@FA>?MBIL?+FKFPQ`OFL?A>?#AR@>_^L? F9?VJ=9?J=D9? ;AGF9<9?9G?;9J?G?HD=AL=9<G? "FMILJ>?LR?!BOQFCF@>AL?AB?@LK@IRP^L?AB?@ROPL?AB?+BPQO>AL??ABSFA>JBKQB?OBDFPQO>AL??CLO? KB@FAL?MLO?FKPQFQRF_^L?AB?BKPFKL?OB@LKEB@FA>?MBIL?+FKFPQ`OFL?A>?#AR@>_^L? F9?VJ=9?J=D9;AG? F9<9?9G?;9J?G?HD=AL=9<G? "FMILJ>?LR?!BOQFCF@>AL?AB?@LK@IRP^L?AB?@ROPL?AB?McP?DO>AR>_^L?BJ?KbSBI?AB?BPMB@F>IFW>? _^L lato sensu??@LJ?@>OD>?ELO[OF>?JbKFJ>?AB?????ELO>P??OB@LKEB@FAL?MBIL?+FKFPQ`OFL?A> #AR@>_^L? F9?VJ=9?J=D9;AGF9<9?9G?;9J?G?HD=AL=9<G? 0+0?(?)t4%)+? !?,+*01?Sj+ "LRQLO>AL ? ??? ? ??? +BPQO>AL ? ??? ? ??? #PMB@F>IFW>_^L ? ??? ? ??? ??HGFLGK ????? + ;9F<A<9LG <=N=JV =FLJ=?9J 9H=F9K ? L]LMDG HGJ AL=E <= 9FVDAK=? ? IM9FLA<9<= EVPAE9 <= L]LMDGK 9 K=J=E 9F9DAK9<GK? HGJ AL=E <=K;JALG F9 L9:=D9 9;AE9? K=JV <= ??ME? L]LMDG? -P MLKQLP AB AL@RJBKQ>_eBP BKQOBDRBP M>O> >K[IFPB? NRB BU@BABOBJ L IFJFQB AB MLKQLP BPQFMRI>ALP K> Q>?BI> >@FJ>??MLO?FQBJ??PBO^L?ABP@LKPFABO>ALP? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  13. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ????? 1BO^L @LKPFABO>ALP E>?FIFQ>ALP K> ?K[IFPB AB 2bQRILP QLALP LP @>KAFA>QLP @LKSL@>ALP M>O> > BKQOBD> AB >@LOAL @LJ L PR?FQBJ ???? ABPQB #AFQ>I? ? ?K[IFPB AB 2bQRILP ` RJ> #Q>M> AL !LK@ROPL PLJBKQB @I>PPFCF@>QcOF>? -P @>KAFA>QLP NRB K^L BKQOBD>OBJ QbQRILP K^L L?QBO^L MLKQLP K> ?m? #Q>M> AL !LK@ROPL?B?PBO^L?@I>PPFCF@>ALP?KL?0BPRIQ>AL?$FK>I?PLJBKQB?@LJ?>?PLJ>?ALP?MLKQLP?A>P?BQ>M>P?>KQBOFLOBP? ????? !>?BO[?OB@ROPL?>L?OBPRIQ>AL?MOBIFJFK>O?ABPQ>?BQ>M>??@LKCLOJB?MOBSFPQL?KL?FQBJ????ABPQB?#AFQ>I? ??? +?.!/1(0? +?"%*?( ???? ? KLQ> CFK>I ALP @>KAFA>QLP @LKSL@>ALP B @LKPFABO>ALP E>?FIFQ>ALP K> ?K[IFPB AB 2bQRILP PBO[ FDR>I >L QLQ>I A> PLJ> AB MLKQLP L?QFALP BJ QLA>P >P?BQ>M>P?OB>IFW>A>P??ABMBKABKAL?AL?@>ODL??NRB?ABCFKFO[?>?LOABJ?AB?!I>PPFCF@>_^L?$FK>I?KL?!LK@ROPL? ???? ,> EFMcQBPB AB FDR>IA>AB AB KLQ> CFK>I BKQOB @>KAFA>QLP? PBO^L >MIF@>ALP @OFQ`OFLP AB ABPBJM>QB? QBKAL MOBCBOaK@F>? PR@BPPFS>JBKQB? @LKCLOJB @OFQ`OFL?>?>FUL? 9? @>KAFA>QL @LJ J>FLO FA>AB? ABKQOB @>KAFA>QLP FALPLP B @>KAFA>QL @LJ J>FLO FA>AB BKQOB @>KAFA>QL FALPL B K^L FALPL? >Q` > A>Q> A> MOLS> L?GBQFS>? BJ?L?BAFaK@F>?>L?#PQ>QRQL?AL?'ALPL??*BF?$BABO>I?Kn?????????AB??n?AB?LRQR?OL?AB??????? :? QFSBO?L?QFAL?J>FLO?MLKQR>_^L?K>??K[IFPB?AB?2bQRILP??PB?ELRSBO?? ;? QFSBO?L?QFAL?J>FLO?MLKQR>_^L?K>?MOLS>?L?GBQFS>?K>?[OB>?AB?@LKEB@FJBKQLP?BPMB@bCF@LP? <? QFSBO?L?QFAL?J>FLO?MLKQR>_^L?K>?MOLS>?L?GBQFS>?K>?[OB>?AB?@LKEB@FJBKQLP??[PF@LP? =? @>KAFA>QL?@LJ?J>FLO?FA>AB??ABKQOB?@>KAFA>QLP?K^L?FALPLP? ??????? .>O> ABPBJM>QB >QO>S`P A> FA>AB ALP @>KAFA>QLP? MLABO[ PBO IBS>AL BJ @LKQ> M>O> PB ABQBOJFK>O L AB J>FLO FA>AB? PB KB@BPP[OFL CLO? L ELO[OFL AB K>P@FJBKQL? > PBO @LKCBOFAL K> @BOQFA^L AB K>P@FJBKQL ALP @>KAFA>QLP BJM>Q>ALP? ,BPQB @>PL LP @>KAFA>QLP PBO^L @LKSL@>ALP > >MOBPBKQ>O PR>P @BOQFAeBP?AB?K>P@FJBKQL??B?L?@>KAFA>QL?NRB?K^L?L?CFWBO?K^L?PBO[?FK@IRbAL?KL?@OFQ`OFL?AB?ABPBJM>QB? ???? ? @I>PPFCF@>_^L CFK>I ABPQB @LK@ROPL PBO[ @LJMLPQ> MBILP @>KAFA>QLP >MOLS>ALP ABKQOL AL KfJBOL AB S>D>P? @LKCLOJB ?F=PG %% ABPQB #AFQ>I? J>FP L !>A>PQOL AB 0BPBOS> AB ???? A>P S>D>P? MLO @>ODL?MBOCFI? @LKCLOJB ?F=PG %% ABPQB #AFQ>I? >I`J ALP @>KAFA>QLP @LJ ABCF@FaK@F>? E>?FIFQ>ALP BJ QLA>P >P?BQ>M>P?AL?!LK@ROPL?.f?IF@L? ???? ,L @>PL AL KfJBOL AB @I>PPFCF@>ALP KL NRB PB OBCBOB \ CLOJ>_^L AL !>A>PQOL AB 0BPBOS> PBO KfJBOL CO>@FLK[OFL? BPPB KfJBOL PBO[ BIBS>AL >L KfJBOL?FKQBFOL?PR?PBNRBKQB? ???? -P @>KAFA>QLP @I>PPFCF@>ALP? BU@BABKQBP \P S>D>P >QR>IJBKQB BUFPQBKQBP? PBO^L J>KQFALP BJ @>A>PQOL AB OBPBOS> ARO>KQB L MO>WL AB S>IFA>AB AL !LK@ROPL .f?IF@L B MLABO^L PBO @LKSL@>ALP BJ CRK_^L A> AFPMLKF?FIFA>AB AB S>D>P CRQRO>P? @LKCLOJB KB@BPPFA>AB A> !]J>O> +RKF@FM>I AB 4[OWB> %O>KAB? Z AB OBPMLKP>?FIFA>AB BU@IRPFS> ALP @>KAFA>QLP L >@LJM>KE>JBKQL A>P MR?IF@>_eBP KL ?++ ? ?PPL@F>_^L +>QL?%OLPPBKPB ALP +RKF@bMFLP L@LOOFA>P?ARO>KQB?L?MO>WL?AB?S>IFA>AB?AL?!LK@ROPL?.f?IF@L? ????-P @>KAFA>QLP ?MOLS>ALP B LP AB !>A>PQOL AB 0BPBOS> PBO^L IFPQ>ALP BJ LOABJ AB@OBP@BKQB AB KLQ> CFK>I? L?PBOS>AL L @>ODL?E>?FIFQ>_^L MOLCFPPF? LK>I?M>O>?LP?NR>FP?@LK@LOOBJ??BJ????QOaP??IFPQ>P??>?P>?BO? 9? (AKL9 ?? !I>PPFCF@>_^L %BO>I AB QLALP LP @>KAFA>QLP E>?FIFQ>ALP BJ QLA>P >P BQ>M>P B @I>PPFCF@>ALP? FK@IRPLP LP AB ?JMI> !LK@LOOaK@F>? LP !LQFPQ>P .BPPL>P?@LJ?"BCF@FaK@F>??MLO?@>ODL?E>?FIFQ>_^L?MOLCFPPFLK>I? :??(AKL9????!I>PPFCF@>_^L?MLO??JMI>?!LK@LOOaK@F>??MLO?@>ODL?E>?FIFQ>_^L?MOLCFPPFLK>I? ;? (AKL9??? !I>PPFCF@>_^L?A>P?.BPPL>P?@LJ?"BCF@FaK@F>?@I>PPFCF@>A>P??MLO?@>ODL?E>?FIFQ>_^L?MOLCFPPFLK>I? ???? - 0BPRIQ>AL $FK>I ABPQB !LK@ROPL .f?IF@L PBO[ MR?IF@>AL KL ?++ ? ?PPL@F>_^L +>QL?%OLPPBKPB ALP +RKF@bMFLP B KLP PFQBP TTT?@>J>O>S>OWB>? DO>KAB?JQ?DLS??O?B?TTT?PBIB@LK?LOD??O? ???? +/?.!?1./+/ ???? - MO>WL M>O> FKQBOMLPF_^L AB OB@ROPL PBO[ AB ? ?<GAK? <A9K aL=AK FG @GJVJAG <9K ??@??EAF WK ??@??EAF <G <A9 HJ=NAKLG FG ;JGFG?J9E9? L?PBO? S>AL L ELO[OFL AB 4[OWB> %O>KAB?+2? @LKQ>ALP AL MOFJBFOL AF> PR?PBNRBKQB A> A>Q> AB MR?IF@>_^L LCF@F>I AL >QL L?GBQL AL OB@ROPL? @LKQO> >P PBDRFKQBP PFQR>_eBP? 9? FKABCBOFJBKQL?AL?MBAFAL?AB?FPBK_^L?AL?S>ILO?AB?FKP@OF_^L? :? NRBPQeBP?A>P?MOLS>P?L?GBQFS>P?B?D>?>OFQLP?MOBIFJFK>OBP? ;? OBPRIQ>AL?MOBIFJFK>O?A>?MOLS>?L?GBQFS>? <? OBPRIQ>AL?MOBIFJFK>O?A>?>S>IF>_^L?AB?QbQRILP? =? @I>PPFCF@>_^L?MOBIFJFK>O?KL?!LK@ROPL?.f?IF@L? ???? .>O> LP OB@ROPLP MOBSFPQLP KL FQBJ ????? L @>KAFA>QL ABSBO[ >@BPP>O L PFQB AL %FKLALMLG /=D=;GF ? TTT?PBIB@LK?LOD??O B MOBBK@EBO L CLOJRI[OFL MOcMOFL AFPMLKF?FIFW>AL M>O> OB@ROPL? QO>KPJFQFKAL?L BIBQOLKF@>JBKQB? ? @LJMOLS>_^L AL BK@>JFKE>JBKQL LMLOQRKL AL OB@ROPL PBO[ CBFQ> JBAF>KQB A>Q> AB?BKSFL?BIBQOdKF@L?AL?CLOJRI[OFL?B?AL?KfJBOL?AB?MOLQL@LIL?DBO>AL??PBKAL?OBGBFQ>AL?IFJFK>OJBKQB?OB@ROPL?BKSF>AL >GJ9?<G?HJ9RG? ???? -P?OB@ROPLP?BK@>JFKE>ALP?ABSBJ?PBDRFO?>P?PBDRFKQBP?ABQBOJFK>_eBP? 9? K^L?@LKQBO?NR>INRBO?FABKQFCF@>_^L?AL?@>KAFA>QL?KL?@LOML?AL?QBUQL?AB?>ODRJBKQ>_^L?IcDF@>?AL?OB@ROPL? :? PBO BI>?LO>AL @LJ >ODRJBKQ>_^L IcDF@>? @LKPFPQBKQB B >@OBP@FALP AB FKAF@>_^L A> ?F?IFLDO>CF> MBPNRFP>A> MBIL @>KAFA>QL M>O> CRKA>JBKQ>O PBR NRBPQFLK>JBKQL? ;? >MOBPBKQ>O?>?CRKA>JBKQ>_^L?OBCBOBKQB?>MBK>P?\?BQ>M>?MOBSF>JBKQB?PBIB@FLK>A>?M>O>?L?OB@ROPL? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  14. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ???? .>O> PFQR>_^L JBK@FLK>A> KL FQBJ ?????? >IbKB> u@v ABPQB #AFQ>I? @>A> @>KAFA>QL MLABO[ FKQBOMLO >MBK>P RJ OB@ROPL MLO NRBPQ^L? ABSFA>JBKQB CRKA>JBKQ>AL? ???? 1BO^L?FKABCBOFALP?LP?OB@ROPLP?NRB? 9? K^L?BPQFSBOBJ?ABSFA>JBKQB?CRKA>JBKQ>ALP? :? K^L?>MOBPBKQ>OBJ?>ODRJBKQ>_eBP?IcDF@>P?B?@LKPFPQBKQBP? ;? BPQFSBOBJ?BJ?ABP>@LOAL?@LJ?>P?BPMB@FCF@>_eBP?@LKQFA>P?KBPQB?#AFQ>I? <? CLOBJ?>MOBPBKQ>ALP?CLO>?AL?MO>WL?BPQ>?BIB@FAL? =? >MOBPBKQ>OBJ??KL?@LOML?A>?CRKA>JBKQ>_^L??LRQO>P?NRBPQeBP?NRB?K^L?>?PBIB@FLK>A>?M>O>?OB@ROPL? >? >MOBPBKQ>OBJ?>ODRJBKQ>_^L?@LKQO>?QBO@BFOLP? ?? >MOBPBKQ>OBJ?>ODRJBKQ>_^L?BJ?@LIBQFSL? @? ABPOBPMBFQBJ?>??>K@>?BU>JFK>ALO>? A? @LKQBKE>J?CRKA>JBKQ>_^L?FAaKQF@>??BJ?QLAL?LR?BJ?M>OQB??\?>ODRJBKQ>_^L?@LKPQ>KQB?AB?OB@ROPLP?AB?LRQOLP?@>KAFA>QLP? ???? ,^L PBO^L @LKPFABO>ALP OBNRBOFJBKQLP? OB@I>J>_eBP? KLQFCF@>_eBP BUQO>GRAF@F>FP LR NR>FPNRBO LRQOLP FKPQORJBKQLP PFJFI>OBP @RGL QBLO PBG> L?GBQL AB?OB@ROPL?>MLKQ>AL?KL?FQBJ???????ABPQB?#AFQ>I? ???? -P MLKQLP OBI>QFSLP > NRBPQeBP BSBKQR>IJBKQB >KRI>A>P PBO^L >QOF?RbALP > QLALP LP @>KAFA>QLP NRB CFWBO>J > MOLS> B K^L L?QFSBO>J MLKQR>_^L K>P OBCBOFA>P NRBPQeBP? @LKCLOJB L MOFJBFOL D>?>OFQL LCF@F>I? FKABMBKABKQBJBKQB AB FKQBOMLPF_^L AB OB@ROPLP? -P @>KAFA>QLP NRB E>SF>J OB@B?FAL MLKQLP K>P?NRBPQeBP?>KRI>A>P??>McP?LP?OB@ROPLP??QBO^L?BPPBP?MLKQLP?J>KQFALP?PBJ?OB@B?BO?MLKQR>_^L?>?J>FP? ???? !>PL PBG> >IQBO>AL L D>?>OFQL LCF@F>I MBI> >K@> AL !LK@ROPL? AB LCb@FL LR MLO CLO_> AB MOLSFJBKQL AB OB@ROPL? >P MOLS>P PBO^L @LOOFDFA>P AB >@LOAL @LJ?L?KLSL?D>?>OFQL? ????,L NRB PB OBCBOB >L FQBJ ?????? >IbKB> u@v? PB > >ODRJBKQ>_^L >MOBPBKQ>A> CLO MOL@BABKQB B IBS>O \ OB>S>IF>_^L AL NRB CLF >KQBOFLOJBKQB >K>IFP>AL? MOBS>IB@BO[?>?KLS>?>K[IFPB??>IQBO>KAL?L?OBPRIQ>AL?FKF@F>I?L?QFAL?M>O>?RJ?OBPRIQ>AL?PRMBOFLO?LR?FKCBOFLO?M>O>?BCBFQL?AB?@I>PPFCF@>_^L? ????? ,> L@LOOaK@F> AL AFPMLPQL KLP PR?FQBKP ?????? ????? B ????? ABPQB #AFQ>I? MLABO[ E>SBO >IQBO>_^L A> @I>PPFCF@>_^L FKF@F>I L?QFA> M>O> RJ> @I>PPFCF@>? _^L?PRMBOFLO?LR?FKCBOFLO??LR??>FKA>??MLABO[?L@LOOBO?>?ABP@I>PPFCF@>_^L?AL?@>KAFA>QL?NRB?K^L?L?QFSBO?>?KLQ>?JbKFJ>?BUFDFA>? ????? ? ?>K@> BU>JFK>ALO> @LKPQFQRF fKF@> FKPQ]K@F> M>O> OB@ROPL? PBKAL PL?BO>K> BJ PR>P AB@FPeBP? O>W^L MBI> NR>I K^L @>?BO^L OB@ROPLP >AF@FLK>FP? ????? ?McP >K[IFPB ALP OB@ROPLP? PBO[ MR?IF@>AL KL PFQB AL %FKLALMLG /=D=;GF ? TTT?PBIB@LK?LOD??O >MBK>P > AB@FP^L AB ABCBOFJBKQL LR FKABCBOFJBKQL? ,^L?PBO^L?BK@>JFKE>A>P?OBPMLPQ>P?FKAFSFAR>FP?>LP?@>KAFA>QLP? ???? ??$+)+(+#?Sj+?!?2?(% ? !? +??+*?1./+?,x?(%?+ ???? - OBPRIQ>AL CFK>I AL !LK@ROPL? >McP ABCFKFALP QLALP LP OB@ROPLP FKQBOMLPQLP? PBO[ ELJLILD>AL MBI> !]J>O> +RKF@FM>I AB 4[OWB> %O>KAB B MR?IF? @>AL?KL??++????PPL@F>_^L?+>QL?%OLPPBKPB?ALP?+RKF@bMFLP? ???? - !LK@ROPL .f?IF@L QBO[ S>IFA>AB AB ? ?ALFP? >KLP? > @LKQ>O A> A>Q> A> MR?IF@>_^L A> ELJLILD>_^L AL OBPRIQ>AL CFK>I? MLABKAL PBO MOLOOLD>AL MLO FDR>I?MBObLAL??>?@OFQ`OFL?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB??IBS>KAL?PB?BJ?@LKQ>?>?LMLOQRKFA>AB?B?@LKSBKFaK@F>?M>O>??AJFKFPQO>_^L?.f?IF@>? ???? ??*+)!?Sj+??,+//!?!?(+0?Sj+ ???? ? @I>PPFCF@>_^L CFK>I KL !LK@ROPL .f?IF@L K^L >PPBDRO> >L @>KAFA>QL L AFOBFQL AB FKDOBPPL >RQLJ[QF@L KL @>ODL? J>P >MBK>P > BUMB@Q>QFS> AB KLJB>_^L PBDRKAL > OFDLOLP> LOABJ @I>PPFCF@>QcOF>? CF@>KAL > @LK@OBQFW>_^L ABPQB >QL @LKAF@FLK>A> >L FKQBOBPPB? \P KB@BPPFA>ABP B MLPPF?FIFA>ABP CFK>K@BFO>P?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB? ???? -P @>KAFA>QLP @I>PPFCF@>ALP? BU@BABKQBP \P S>D>P >QR>IJBKQB BUFPQBKQBP? KLP QBOJLP AL PR?FQBJ ????? PBO^L J>KQFALP BJ @>A>PQOL AB OBPBOS> ARO>KQB L MO>WL AB S>IFA>AB AL !LK@ROPL .f?IF@L B MLABO^L PBO @LKSL@>ALP BJ CRK_^L A> AFPMLKF?FIFA>AB AB S>D>P CRQRO>P? CF@>KAL PL? OBPMLKP>?FIFA>? AB AL @>KAFA>QL L >@LJM>KE>JBKQL A>P KLJB>_eBP KL ?++ ? ?PPL@F>_^L +>QL?%OLPPBKPB ALP +RKF@bMFLP? L@LOOFA>P ARO>KQB L MO>WL AB S>IFA>AB AL !LK@ROPL?.f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bMFLP?B?AFPMLKF?FIFW>AL?KL?PFQB?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB? ?????? ? @LKSL@>_^L MBI> @I>PPFCF@>_^L MLO @>ODL?E>?FIFQ>_^L MOLCFPPFLK>I MLABO[ L@LOOBO >MBK>P ?? ?RJ>? SBW MLO @>KAFA>QL? MLO JBFL AB #AFQ>I > PBO MR?IF@>AL?KL??++????PPL@F>_^L?+>QL?%OLPPBKPB?ALP?+RKF@bMFLP?B?JBAF>KQB?>PPFK>QRO>?AL?2BOJL?AB??@BFQ>_^L?LR?2BOJL?AB?0BKfK@F>? ?????? -?2BOJL?AB??@BFQ>_^L?LR?2BOJL?AB?0BKfK@F>?OBCBOFALP?KL?PR?FQBJ?>KQBOFLO?PBO^L?BK@>JFKE>ALP?M>O>?>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB? ?????? -?@>KAFA>QL?@LKSL@>AL?MLO?@>ODL?E>?FIFQ>_^L?MOLCFPPFLK>I?NRB?>MOBPBKQ>O?2BOJL?AB??@BFQ>_^L?PBO[?KLJB>AL? ?????? -P?2BOJLP?OBCBOFALP?KL?PR?FQBJ?????????BPQ>O^L?AFPMLKbSBFP?KL?PFQB?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB? ?????? -?BK@>JFKE>JBKQL?AL?2BOJL?AB??@BFQ>_^L?KL?MO>WL?BPQ>?BIB@FAL?`?L?OFD>QcOFL?M>O>?BI>?LO>_^L?AL?>QL?AB?KLJB>_^L? ?????? -?K^L?BK@>JFKE>JBKQL?AL?2BOJL?AB?0BKfK@F>?PBO[?@LKPFABO>AL?@LJL?OBKfK@F>?Q[@FQ>? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  15. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ?????? ? KLJB>_^L ALP @>KAFA>QLP A>O?PB?[ MLO JBFL AB >QL MR?IF@>AL KL ?++ ? ?PPL@F>_^L +>QL?%OLPPBKPB ALP +RKF@bMFLP? OBPMBFQ>KAL?PB OFDLOLP>? JBKQB?>?LOABJ?AB?@I>PPFCF@>_^L?M>O>?L?@>ODL?E>?FIFQ>_^L?MOLCFPPFLK>I?M>O>?NR>I?@LK@LOOBO>J? ?????? Z AB FKQBFO> OBPMLKP>?FIFA>AB AL @>KAFA>QL L >@LJM>KE>JBKQL A>P MR?IF@>_eBP LCF@F>FP AL !LK@ROPL KLP PFQBP AL %FKLALMLG /=D=;GF ? TTT?PBIB? @LK?LOD??O?B?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB???TTT?@>J>O>S>OWB>DO>KAB?JQ?DLS??O? ???? ??MLPPB?CF@>?@LKAF@FLK>A>?\?OB>IFW>_^L?AB?FKPMB_^L?B?>MOLS>_^L?J`AF@>??@LKCLOJB?MOL@BAFJBKQLP?AFPMLPQLP?BJ?FKPQOR_eBP?KLOJ>QFS>P? ???? - K^L @LJM>OB@FJBKQL AL @>KAFA>QL M>O> QLJ>O MLPPB KL MO>WL IBD>I >@>OOBQ>O[ > MBOA> AL AFOBFQL \ S>D>? @LJ @LKPBNRBKQB MR?IF@>_^L AB >QL? QLOK>KAL?PBJ?BCBFQL?PR>?KLJB>_^L? ???? ??ILQ>_^L?AL?@>KAFA>QL?MLABO[?PBO?CBFQ>?AB?>@LOAL?@LJ?>P?S>D>P?AFPMLKbSBFP?KL?JLJBKQL?A>?KLJB>_^L?B?AL?BCBQFSL?BUBO@b@FL? ???? - @>KAFA>QL ABSBO[ QLJ>O MLPPB KL MO>WL AB >Q` ?? AF>P @LKQ>ALP A> MR?IF@>_^L AL >QL AB MOLSFJBKQL? ? MLPPB MLABO[ PBO MOLOOLD>A> MLO FDR>I MBObLAL? ABPAB NRB FPPL PBG> PLIF@FQ>AL MLO JBFL AB OBNRBOFJBKQL? !>PL L @>KAFA>QL K^L QLJB MLPPB KBPPB MBObLAL? QLOK>O?PB?[ PBJ BCBFQL L >QL AB MOLSFJBKQL? ???? - @>KAFA>QL BJMLPP>AL ABSBO[ BKQO>O BJ BCBQFSL BUBO@b@FL KL ABPBJMBKEL A>P >QOF?RF_eBP KL MO>WL AB >Q` ?? ?QOFKQ>? AF>P? @LKQ>ALP A> A>Q> A> MLPPB??PL??MBK>?AB?BULKBO>_^L? ????? ? ILQ>_^L ALP @>ODLP AB .BOCFI ?AJFKFPQO>QFSL PBO[ BPQ>?BIB@FA> MLO L@>PF^L A> KLJB>_^L ALP PBOSFALOBP? AB >@LOAL @LJ > ABJ>KA> ALP 1BQLOBP ?AJFKFPQO>QFSLP?A>?!>P>? ????? -?@>KAFA>QL?KLJB>AL?ABSBO[?>MOBPBKQ>O??M>O>?CFKP?AB?MLPPB??@cMF>P?B?LOFDFK>FP?ALP?PBDRFKQBP?AL@RJBKQLP? 9? !BOQFCF@>AL?AB?1>KFA>AB?B?!>M>@FA>AB?$bPF@>??.2-??BUMBAFAL?MBI>?.BOb@F>?+`AF@>?B?M>OB@BO?A>?#NRFMB?+RIQFMOLCFPPFLK>I? :? 0%? ;? !.$? <? .'1?.?1#.??BU@BQL?M>O>?L?MOFJBFOL?BJMOBDL? =? 2bQRIL?AB?BIBFQLO? >? !BOQFA^L?AB?/RFQ>_^L?B?@OFJB?#IBFQLO>I?BUMBAFA>?MBI>?(RPQF_>?#IBFQLO>I? ?? !BOQFA^L?AB?!>P>JBKQL?LR?1BKQBK_>?"B@I>O>QcOF>?AB?3KF^L?#PQ[SBI?LR?#P@OFQRO>?Mf?IF@>?AB?3KF^L?#PQ[SBI? @? !BOQFA^L?AB?,>P@FJBKQL?ALP?ABMBKABKQBP? A? "L@RJBKQL?B?NRFQ>_^L?@LJ?L?PBOSF_L?JFIFQ>O?LR?@BOQFCF@>AL?AB?ABPL?OFD>_^L?JFIFQ>O?BUMBAFAL?MBIL?BU`O@FQL?M>O>?ELJBKP?@LJ?J>FP?AB????>KLP? B? !LJMOLS>KQB?AB?BKABOB_L?>QR>I? C? !BOQFA^L?!OFJFK>I?$BABO>I?ALP?IRD>OBP?LKAB?QBKE>?OBPFAFAL?KLP?fIQFJLP?????@FK@L??>KLP????@BOQFA^L?ABSB?>I@>K_>O?>P?FKPQ]K@F>P?AB??n?B??n?DO>RP? D? !BOQFA^L !OFJFK>I A> (RPQF_> #PQ>AR>I ALP IRD>OBP LKAB QBKE> OBPFAFAL KLP fIQFJLP ?? ?@FK@L? >KLP? ? @BOQFA^L ABSB >I@>K_>O >P FKPQ]K@F>P AB ?n B ?n DO>RP? E? "FMILJ>?K>?[OB>?AB?>QR>_^L?BUFDFA>?KL?#AFQ>I??OB@LKEB@FAL?MBIL?+#!???+FKFPQ`OFL?A>?#AR@>_^L? F? "B@I>O>_^L AB K^L L@RM>O LR OB@B?BO MOLSBKQLP AB >MLPBKQ>ALOF> AB @>ODL? BJMOBDL LR CRK_^L Mf?IF@>? OBPP>IS>ALP LP @>ODLP >@RJRI[SBFP MOBSFPQLP K>?!$???? G? "B@I>O>_^L?AB?NRB?K^L?CLF?ABJFQFAL?MLO?GRPQ>?@>RP>?LR?BJ?AB@LOOaK@F>?AB?MOL@BPPL?>AJFKFPQO>QFSL?LR?@OFJFK>I? H? "B@I>O>_^L?AB??BKP?B?S>ILOBP?NRB?@LKPQFQRBJ?PBR?M>QOFJdKFL?B?ALP?ABMBKABKQBP??'00$?? I? !BOQFAeBP?,BD>QFS>P?AB?MBK>IFA>ABP?AL?#PQ>AL?AB?+>QL?%OLPPL?B?AL?+RKF@bMFL?AB?4[OWB>?%O>KAB? J? ???RJ>??CLQL?OB@BKQB??U?? ????? ?I`J ALP AL@RJBKQLP >@FJ> BIBK@>ALP? ABSBO^L PBO >MOBPBKQ>A>P >P @BOQFAeBP AB SbK@RILP JRKF@FM>FP? LKAB QBKE> OBPFAFAL KLP fIQFJLP ?? ?@FK@L? >KLP? ? @BOQFA^L ABSB >I@>K_>O >P FKPQ]K@F>P AB ?n B ?n DO>RP? !>PL > @BOQFA^L PBG> MLPFQFS>? ` KB@BPP[OFL NRB > AB@I>O>_^L @LKQBKE> @>ODL? @>OD> ELO[OF>?B?>QOF?RF_eBP?AL?@>ODL? ????? ,^L?PBO^L?>@BFQLP?MOLQL@LILP?ALP?AL@RJBKQLP?BUFDFALP??J>P?>MBK>P?>P?AB@I>O>_eBP?LR?@BOQFAeBP?LOFDFK>FP? ????? ? C>IQ> AB @LJMOLS>_^L AB NR>FPNRBO ALP OBNRFPFQLP M>O> FKSBPQFARO> >Q` > A>Q> A> MLPPB LR > MO[QF@> AB C>IPFA>AB FABLIcDF@> BJ MOLS> AL@RJBKQ>I QLOK>O[?PBJ?BCBFQL?L?OBPMB@QFSL?>QL?AB?KLJB>_^L?AL?@>KAFA>QL??PBJ?MOBGRbWL?A>P?P>K_eBP?IBD>FP?@>?bSBFP? ????? ? >MOLS>_^L B @I>PPFCF@>_^L KL !LK@ROPL DBO>J M>O> L @>KAFA>QL >MBK>P BUMB@Q>QFS> AB AFOBFQL \ KLJB>_^L? CF@>KAL BPQB >QL @LKAF@FLK>AL \ L?? PBOS]K@F> A>P AFPMLPF_eBP IBD>FP MBOQFKBKQBP ?>FKA> NRB PRMBOSBKFBKQBP?? >L BU@IRPFSL FKQBOBPPB B @LKSBKFaK@F> A> !]J>O> +RKF@FM>I AB 4[OWB> %O>KAB? \?OFDLOLP>?LOABJ?AB?@I>PPFCF@>_^L?CFK>I?AL?!LK@ROPL?B?>L?MO>WL?AB?S>IFA>AB?AL?!LK@ROPL? ???? ?/? %/,+/%Sk!/?"%*?%/ ???? 2LALP LP >QLP OBI>QFSLP >L MOBPBKQB !LK@ROPL .f?IF@L ?@LKSL@>_eBP? >SFPLP B @LJRKF@>ALP? PBO^L AFSRID>ALP KLP PFQBP AL %FKLALMLG /=D=;GF ? TTT?PBIB@LK?LOD??O B A> !]J>O> +RKF@FM>I AB 4[OWB> %O>KAB? -P BUQO>QLP ALP AL@RJBKQLP PBO^L MR?IF@>ALP KL ?++ ? ?PPL@F>_^L +>QL?%OLPPBKPB ALP?+RKF@bMFLP? ???? Z AB OBPMLKP>?FIFA>AB BU@IRPFS> AL @>KAFA>QL >@LJM>KE>O QLALP LP >QLP? BQ>M>P B @LKSL@>_eBP OBCBOBKQBP >L MOBPBKQB @BOQ>JB K> M[DFK> AL !LK@ROPL?.f?IF@L?>Q`?>?A>Q>?AB?PR>?ELJLILD>_^L? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  16. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ???? ?McP > ELJLILD>_^L AL !LK@ROPL .f?IF@L? L @>KAFA>QL ABSBO[ >@LJM>KE>O >P MR?IF@>_eBP OBI>QFS>P > BPQB @BOQ>JB KL ?++ ? ?PPL@F>_^L +>QL? %OLPPBKPB?ALP?+RKF@bMFLP?B?KL?PFQB?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB? ???? !LOOBO^L MLO @LKQ> BU@IRPFS> AL @>KAFA>QL NR>FPNRBO ABPMBP>P @LJ AL@RJBKQ>_^L? FKQBOMLPF_^L AB OB@ROPL? J>QBOF>I? BU>JBP I>?LO>QLOF>FP? I>RALP J`AF@LP?LR?Q`@KF@LP??>QBPQ>ALP??ABPIL@>JBKQLP??SF>DBJ??>IFJBKQ>_^L??BPQ>A>?B?LRQO>P?AB@LOOBKQBP?AB?PR>?M>OQF@FM>_^L?KL?!LK@ROPL?.f?IF@L? ???? ,^L PBO[ CLOKB@FAL NR>INRBO AL@RJBKQL @LJMOL?>QcOFL AB >MOLS>_^L LR @I>PPFCF@>_^L >L @>KAFA>QL? S>IBKAL? M>O> BPPB CFJ? LP OBPRIQ>ALP MR?IF@>? ALP?KL??++????PPL@F>_^L?+>QL?%OLPPBKPB?ALP?+RKF@bMFLP?B?AFSRID>ALP?KL?PFQB?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB? ???? -P MO>WLP BPQ>?BIB@FALP KBPQB #AFQ>I P^L MOB@IRPFSLP? @LKQbKRLP B @LJRKP >LP >QLP ALP @>KAFA>QLP? K^L E>SBKAL GRPQFCF@>QFS> M>O> L K^L @RJMOF? JBKQL?B?M>O>?>?>MOBPBKQ>_^L?AB?AL@RJBKQLP?CLO>?A>P?A>Q>P?BPQ>?BIB@FA>P? ???? ? !]J>O> +RKF@FM>I AB 4[OWB> %O>KAB B L %FKLALMLG /=D=;GFK^L PB OBPMLKP>?FIFW>O^L MLO NR>FPNRBO OB@ROPLP? QBUQLP? >MLPQFI>P B LRQO>P MR?IF@>? _eBP OBCBOBKQBP \P J>Q`OF>P ABPQB !LK@ROPL .f?IF@L NRB K^L PBG>J LCF@F>IJBKQB AFSRID>A>P LR MLO NR>FPNRBO FKCLOJ>_eBP NRB BPQBG>J BJ ABP>@LOAL @LJ?L?AFPMLPQL?KBPQB?#AFQ>I? ???? ,^L?PBO^L?CLOKB@FA>P?MOLS>P?OBI>QFS>P?>?@LK@ROPLP?>KQBOFLOBP? ???? 1B > NR>INRBO QBJML CLO @LKPQ>Q>AL MLO JBFL BIBQOdKF@L? BPQ>QbPQF@L? SFPR>I? DO>CLQ`@KF@L LR FKSBPQFD>_^L MLIF@F>I NRB L @>KAFA>QL CBW RPL AB MOL@BPPL FIb@FQL??PR>?.OLS>?#U>JB?PBO[?>KRI>A>?B?BIB?PBO[?>RQLJ>QF@>JBKQB?BIFJFK>AL?AL?!LK@ROPL? ????? ? NR>INRBO QBJML MLABO[ PBO >KRI>A> > FKP@OF_^L? MOLS> B?LR QLOK>O PBJ BCBFQL > KLJB>_^L AL @>KAFA>QL? BJ QLALP LP >QLP OBI>@FLK>ALP > BPQB !LK@ROPL .f?IF@L? NR>KAL @LKPQ>Q>A> > LJFPP^L LR AB@I>O>_^L C>IP> AB A>ALP LR @LKAF_eBP? FOOBDRI>OFA>AB AB AL@RJBKQLP? LR >FKA>? FOOBDRI>OFA>AB K> OB>IFW>_^L?A>P?MOLS>P??@LJ?CFK>IFA>AB?AB?MOBGRAF@>O?AFOBFQL?LR?@OF>O?L?OFD>_^L??>PPBDRO>AL?L?@LKQO>AFQcOFL?B?>?>JMI>?ABCBP>? ????? !LJMOLS>A> > FKBU>QFA^L LR FOOBDRI>OFA>ABP ABP@OFQ>P KL FQBJ ???? ABPQB #AFQ>I? L @>KAFA>QL BPQ>O[ PRGBFQL > OBPMLKABO MLO C>IPFA>AB FABLIcDF@>? AB?>@LOAL?@LJ?L?>OQ??????AL?!cAFDL?.BK>I? ????? - @>KAFA>QL ` OBPMLKP[SBI MBI> >QR>IFW>_^L ALP A>ALP? FK@IRPFSB AL BKABOB_L OBPFABK@F>I? ARO>KQB > OB>IFW>_^L AL !LK@ROPL .f?IF@L GRKQL >L %FKLALMLG?/=D=;GF?? TTT?PBIB@LK?LOD??O?B??>McP?>?ELJLILD>_^L??GRKQL?\?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB?+2? ????? Z AB OBPMLKP>?FIFA>AB AL @>KAFA>QL J>KQBO PBR BKABOB_L ?FK@IRPFSB BIBQOdKF@L? B QBIBCLKB >QR>IFW>ALP? >Q` NRB PB BUMFOB L MO>WL AB S>IFA>AB AL !LK@ROPL??M>O>?SF>?FIFW>O?LP?@LKQ>QLP?KB@BPP[OFLP??PL??MBK>?AB??NR>KAL?CLO?KLJB>AL??MBOABO?L?MO>WL?M>O>?QLJ>O?MLPPB??@>PL?K^L?PBG>?IL@>IFW>AL? ????? ? K^L >QR>IFW>_^L > NRB PB OBCBOB L FQBJ >KQBOFLO MLABO[ DBO>O MOBGRbWLP >L @>KAFA>QL? PBJ KBKERJ> OBPMLKP>?FIFA>AB M>O> L %FKLALMLG /=D=;GFB M>O>?>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB? ????? ??!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB?B?L %FKLALMLG?/=D=;GFK^L?PB?OBPMLKP>?FIFW>J?MLO?BSBKQR>FP?MOBGRbWLP?>L?@>KAFA>QL?AB@LOOBKQBP?AB? 9? B?J>FI?FK@LOOBQL?B?LR?ABP>QR>IFW>AL? :? BKABOB_L?OBPFABK@F>I?ABP>QR>IFW>AL? ;? BKABOB_L?OBPFABK@F>I?AB?AFCb@FI?>@BPPL? ????? -?K^L?>QBKAFJBKQL?MBIL?@>KAFA>QL?A>P?@LKAF_eBP?BPQ>?BIB@FA>P?KBPQB?#AFQ>I??>?NR>INRBO?QBJML??FJMIF@>O[?PR>?BIFJFK>_^L?AL?!LK@ROPL?.f?IF@L? ????? ?P L@LOOaK@F>P K^L MOBSFPQ>P KBPQB #AFQ>I? LP @>PLP LJFPPLP B LP @>PLP ARSFALPLP? KL NRB Q>KDBJ \ OB>IFW>_^L ABPQB !LK@ROPL .f?IF@L? PBO^L OBPLISFALP?@LKGRKQ>JBKQB?MBI>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB?B?MBIL %FKLALMLG?/=D=;GF? ????? 1BO^L FK@LOMLO>ALP > BPQB #AFQ>I? M>O> QLALP LP BCBFQLP? NR>FPNRBO >IQBO>_eBP? >QR>IFW>_eBP? BAFQ>FP OBQFCF@>ALOBP? @LJMIBJBKQ>OBP B >QLP @LJ? MIBJBKQ>OBP? >SFPLP? @LJRKF@>ALP B @LKSL@>_eBP? LOFBKQ>_eBP? 'KPQOR_eBP ,LOJ>QFS>P B FKPQOR_eBP M>O> >P MOLS>P? FJMOBPP>P BJ PBRP @>ABOKLP AB NRBPQeBP?B?CLIE>P?AB?OBPMLPQ>??>I`J?AB?@>OQeBP?AB?@LKCFOJ>_^L?LR?AB?@LKSL@>_eBP?OBI>QFSLP?>?BPQB?!LK@ROPL?.f?IF@L? ????? - @>KAFA>QL @LKSL@>AL M>O> > OB>IFW>_^L AB NR>INRBO BQ>M> AL !LK@ROPL .f?IF@L B NRB K^L > >QBKABO? KL MO>WL BPQFMRI>AL KBPQB BAFQ>I? PBO[ @LKPFABO>AL?ABPFPQBKQB??PBKAL?>RQLJ>QF@>JBKQB?BIFJFK>AL?B?BU@IRbAL?ABPQB?!LK@ROPL?.f?IF@L? ????? ? !]J>O> +RKF@FM>I AB 4[OWB> %O>KAB B L %FKLALMLG /=D=;GF OBPBOS>J?PB >L AFOBFQL AB MOLJLSBO >P @LOOB_eBP NRB PB CFWBOBJ KB@BPP[OF>P? BJ NR>INRBO BQ>M> AL !LK@ROPL .f?IF@L LR MLPQBOFLO >L !LK@ROPL .f?IF@L? BJ O>W^L AB >QLP LR C>QLP K^L MOBSFPQLP? OBPMBFQ>ALP >P KLOJ>P B LP MOFK@bMFLP IBD>FP? ????? ? FKP@OF_^L S>IB? M>O> QLAL B NR>INRBO BCBFQL? @LJL CLOJ> AB BUMOBPP> >@BFQ>_^L? MLO M>OQB AL @>KAFA>QL? AB QLA>P >P @LKAF_eBP? KLOJ>P B BUF? DaK@F>P?@LKPQ>KQBP?ABPQB?BAFQ>I???BJ?@LJL?LP?>QLP?NRB?CLOBJ?BUMBAFALP?PL?OB?L?!LK@ROPL?.f?IF@L? 2VJR=9?#J9F<=?)0?????<=?K=L=E:JG?<=????? .OBPFABKQB?$[?FL?(LP`?2>OAFK !x+?0??+3,'!'.?*?"#?4z08#??%0?,"#?+2 $BOK>KA>?,FBABO>RBO?1FISBO>?">R?F>K?!LPQ> .0#1'"#,2#?"??!-+'11r-?#1.#!'?*?"-?!-,!301- ?*!4+/??+?! %0?(?*g???????????+)%//j+?!/,!?%?(? !??+*?1./+?,x?(%?+ ?*!4+/ ?//1*0+/ ?*!4+?% !OLKLDO>J>?@LJ?>P?A>Q>P?MOBSFPQ>P?AL?!LK@ROPL ?*!4+?%% /R>AOL?%BO>I?AB?4>D>P /R>AOL?!>ODL???.BOCFI?.OLCFPPFLK>I 0BNRFPFQLP? [PF@LP (LOK>A>?AB?2O>?>IEL 0BJRKBO>_^L ?*!4+?%%% AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  17. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ?*!4+?%2 ?QOF?RF_eBP?%BO>FP?ALP?!>ODLP ?*!4+?2 !LKQBfALP?.OLDO>J[QF@LP ?*!4+?2% "B@I>O>_^L?AB?!>OaK@F>?#@LKdJF@>??JLABIL? ?*!4+?% +??.+*+#.?)?? !?.!?(%6?Sj+? +??+*?1./+?,x?(%?+? ???)2#?l ! %0?(?*g???????????+)%//j+?!/,!?%?(? !??+*?1./+?,x?(%?+ 9L9 ?????? ???? ???B???? ??????? ?????? ???? ???B???? ??????? ?????? ???? ?????? ?????> ?????? ???? ?????? ???? ?????? ???? ???B???? ??????? ?????? ???? ?????? ???? ?????? ???? ?LANA<9<= $GJVJAG (G;9D?=?GM?"MFZ`=K?.=D9;AGF9<9K TTT?PBIB@LK?LOD??O?B?EQQMP???TTT?@>J>O>IR@>PAL? OFLSBOAB?JQ?DLS??O? ,L?PFQB?TTT?PBIB@LK?LOD??O "FSRID>_^L?AL?#AFQ>I? .BAFAL?AB?FPBK_^L?AB?Q>U>?AB?FKP@OF_^L >?M>OQFO?A>P ??E 0BPRIQ>AL?.OBIFJFK>O?AL?.BAFAL?AB?FPBK_^L?AB?Q>U>?AB?FKP@OF_^L 0B@ROPL?>L?0BPRIQ>AL?.OBIFJFK>O?AL?.BAFAL?AB?FPBK_^L?AB?Q>U>?AB?FKP@OF? _^L 0BPRIQ>AL?$FK>I?AL?.BAFAL?AB?FPBK_^L?AB?Q>U>?AB?FKP@OF_^L ,L?PFQB?TTT?PBIB@LK?LOD??O ,L?PFQB?TTT?PBIB@LK?LOD??O >?M>OQFO?A>P ??E >Q`???E??? JFK?AL?AF> ?????????? ,L?PFQB?TTT?PBIB@LK?LOD??O 'KP@OF_eBP ,L?PFQB?TTT?PBIB@LK?LOD??O 4BK@FJBKQL?AL??LIBQL??>K@[OFL?@LJ?>?Q>U>?AB?FKP@OF_^L?t?~IQFJL?AF>?M>O> M>D>JBKQL?AL??LIBQL?B?fIQFJL?AF>?M>O>?BKQOBD>?AB?I>RAL?M>O>?PLIF@FQ>_^L?AB @LQ>?AB?.@"?? 0BPRIQ>AL?.OBIFJFK>O?AL?MBAFAL?AB?FK@IRP^L?AB?@LQ>?M>O>?.@" >?M>OQFO?A>P ??E ,L?PFQB?TTT?PBIB@LK?LOD??O 0B@ROPL?>L?0BPRIQ>AL?.OBIFJFK>O?AL?MBAFAL?AB?FK@IRP^L?AB?@LQ>?M>O>?.@" 0BPRIQ>AL?AL?0B@ROPL?>L?0BPRIQ>AL?.OBIFJFK>O?AL?MBAFAL?AB?FK@IRP^L?AB @LQ>?M>O>?.@"?B?0BPRIQ>AL?$FK>I?AL?MBAFAL?AB?FK@IRP^L?AB?@LQ>?M>O>?.@" "FSRID>_^L?AL?!>OQ^L?AB?!LKSL@>_^L?AB?#Q>M>??!!#??@LJ?A>Q>??ELO[OFL?B IL@>I?AB?MOLS> .O>WL?M>O>?PLIF@FQ>_^L?AB?@LOOB_^L?AB?A>ALP?KL?!>OQ^L?AB?!LKSL@>_^L?AB #Q>M>??!!#? ,L?PFQB?TTT?PBIB@LK?LOD??O >?M>OQFO?A>P ??E >?M>OQFO?A>P ??E ,L?PFQB?TTT?PBIB@LK?LOD??O ,L?PFQB?TTT?PBIB@LK?LOD??O .BIL?B?J>FI?C>IB@LKLP@L?PBIB@LK?LOD??O AN=JKGK?DG;9AK??;GE?<9L9?=?@GJVJAG?<9K?HJGN9K??9?K=? J=E?<ANMD?9<GK?FG??9JLYG?<=??GFNG;9ZYG?<=?!L9H9 9LJ9N[K?<G?KAL= OOO?K=D=;GF?GJ??:J ?????? ???? ?HDA;9ZYG?<9?,JGN9?+:B=LAN9?<=??GF@=;AE=FLGK?=?<9?,JGN9 <=?.=<9ZYG ?????? ???? ???B???? ??????? ?????? ???? ?????? ???? ???B???? ??????? ?????? ???? ?????? ???? ???B???? ??????? ?????? ???? ???B???? ??????? ?????? ???? ?????? ???? ???B???? ??????? ?????? ???? "FSRID>_^L?AL?D>?>OFQL?A>?MOLS>?L?GBQFS>?B?AL?@>ABOKL?AB?NRBPQeBP?A>?MOL? S>?L?GBQFS>?>MIF@>A> 0B@ROPL?@LKQO>?L?D>?>OFQL?A>?MOLS>?L?GBQFS>?B?@LKQO>?>P?NRBPQeBP?A>?MOLS> >MIF@>A> 0BPRIQ>AL?AL?OB@ROPL?@LKQO>?L?D>?>OFQL?A>?MOLS>?L?GBQFS>?B?A>P?NRBPQeBP A>?MOLS>?>MIF@>A>? "FSRID>_^L?AL?D>?>OFQL?ABCFKFQFSL?A>?MOLS>?L?GBQFS>?>MIF@>A>? "FSRID>_^L?A>?FJ>DBJ?AL?@>OQ^L?OBPMLPQ>?B "FSRID>_^L?AL?0BPRIQ>AL?.OBIFJFK>O?A>?MOLS>?L?GBQFS> 0B@ROPL?>L?0BPRIQ>AL?.OBIFJFK>O?A>?MOLS>?L?GBQFS>?AB?@LKEB@FJBKQLP 0BPRIQ>AL?AL?0B@ROPL?>L?0BPRIQ>AL?.OBIFJFK>O?A>?MOLS>?L?GBQFS>?AB?@LKEB? @FJBKQLP?B?0BPRIQ>AL?$FK>I?A>?MOLS>?L?GBQFS>?AB?@LKEB@FJBKQLP !LKSL@>_^L?M>O>?>?BKQOBD>?AB?QbQRILP?ALP?@>KAFA>QLP?>MOLS>ALP?K>?.OLS> -?GBQFS>?M>O>?LP?@>ODLP?AB?,bSBI?1RMBOFLO #KSFL?ALP?QbQRILP?MBILP?@>KAFA>QLP?@I>PPFCF@>ALP?K>??m?#Q>M>?B?K^L?BIFJFK>? ALP?K>?.OLS>?.O[QF@> 0BPRIQ>AL?.OBIFJFK>O?A>??K[IFPB?AB?2bQRILP >?M>OQFO?A>P ??E ,L?PFQB?TTT?PBIB@LK?LOD??O ,L?PFQB?TTT?PBIB@LK?LOD??O >?M>OQFO?A>P ??E >?M>OQFO?A>P ??E ,L?PFQB?TTT?PBIB@LK?LOD??O ,L?PFQB?TTT?PBIB@LK?LOD??O ,L?PFQB?TTT?PBIB@LK?LOD??O >?M>OQFO?A>P ??E >?M>OQFO?A>P ??E ,L?PFQB?TTT?PBIB@LK?LOD??O ,L?PFQB?TTT?PBIB@LK?LOD??O ,L?PFQB?TTT?PBIB@LK?LOD??O >?M>OQFO?A>P ??E ,L?PFQB?TTT?PBIB@LK?LOD??O 0B@ROPL?>L?0BPRIQ>AL?.OBIFJFK>O?A>??K[IFPB?AB?2bQRILP 0BPRIQ>AL?AL?0B@ROPL?>L?0BPRIQ>AL?.OBIFJFK>O?A>??K[IFPB?AB?2bQRILP?B?0B? PRIQ>AL?$FK>I?A>??K[IFPB?AB?2bQRILP 0BPRIQ>AL?.OBIFJFK>O?A>?!I>PPFCF@>_^L?AL?!LK@ROPL?.R?IF@L 0B@ROPL?>L?0BPRIQ>AL?.OBIFJFK>O?AL?!LK@ROPL?.f?IF@L?@LJ?>?!I>PPFCF@>_^L %BO>I?ALP?!>KAFA>QLP 0BPRIQ>AL?AL?0B@ROPL?>L?0BPRIQ>AL?.OBIFJFK>O?AL?!LK@ROPL?.f?IF@L?@LJ?> !I>PPFCF@>_^L?%BO>I?ALP?!>KAFA>QLP??0BPRIQ>AL?$FK>I?AL?!LK@ROPL?.f?IF@L? @LJ?>?@I>PPFCF@>_^L?CFK>I?ALP?@>KAFA>QLP ,L?PFQB?TTT?PBIB@LK?LOD??O >?M>OQFO?A>P ??E >?M>OQFO?A>P ??E ,L?PFQB?TTT?PBIB@LK?LOD??O ,L?PFQB?TTT?PBIB@LK?LOD??O ,L?PFQB?TTT?PBIB@LK?LOD??O >?M>OQFO?A>P ??E TTT?PBIB@LK?LOD??O?B???EQQMP???TTT?@>J>O>IR@>P? ALOFLSBOAB?JQ?DLS??O? OOO?K=D=;GF?GJ??:J = ??EQQMP???TTT?@>J>O>IR@>PAL? OFLSBOAB?JQ?DLS??O? ?????? ???? $GEGDG?9ZYG?<G?.=KMDL9<G?"AF9D?<G??GF;MJKG?,a:DA;G ?*!4+?%% -1? .+?#!.?(? !?2?#?/ ??,? ???0GL9D?<=?29?9K????. ?? ? ?? ?? ? ?? ?? ? ?? ?? ?? ? ?? ?? ? ?? * ?9J?G ,=J>AD?,JG>AKKAGF9D ? ? ? ? ? ? ?GFL9<GJ ?<NG?9<G !F?=F@=AJG??ANAD 0[;FA;G??<EAFAKLJ9LANG ?? ?? ?JIMANAKL9 "GL^?J9>G ?F9DAKL9?(=?AKD9LANG 0[;FA;G?(=?AKD9LANG AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  18. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ? 0[;FA;G?=E?%F>GJEVLA;9 ?? ? 0+0?(? !?2?#?/ ?? ?? ?? ?? (!#!* ?? ?????29?9K?<=??EHD9??GF;GJJ\F;A9 ?.?l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l??.!? ???=JLA>A;9<G?GM??L=KL9<G?<=??GF;DMKYG?<=?!FKAFG?)[<AG??GEHD=LG ???=JLA>A;9<G?GM??L=KL9<G?<=??GF;DMKYG?<=?!FKAFG?)[<AG??GEHD=LG?;GE?;MJKG?L[;FA;G F9?VJ=9?=KH=;]>A;9 ???=JLA>A;9<G?GM??L=KL9<G?<=??GF;DMKYG?<=?!FKAFG?)[<AG??GEHD=LG?;GE?;MJKG?L[;FA;G F9?VJ=9?=KH=;]>A;9 ???=JLA>A;9<G?GM??L=KL9<G?<=??GF;DMKYG?<=?!FKAFG?)[<AG??GEHD=LG?;GE?;MJKG?L[;FA;G F9?VJ=9?=KH=;]>A;9 ?ASLD>AL ???@GJ9K .?????????? ?F9DAKL9?(=? ?AKD9LANG ?GFL9<GJ ???@GJ9K .?????????? !F?=F@=AJG ?ANAD ???@GJ9K .?????????? ?<EAFAKLJ9LANG ???@GJ9K .?????????? ?JIMANAKL9 ???@GJ9K .?????????? 0[;FA;G?(=? ?AKD9LANG "GL^?J9>G ???@GJ9K .?????????? 0[;FA;G?=E?%F>GJ? EVLA;9 ???@GJ9K .?????????? ?*!4+?%2 ?0.%?1%Sk!/?#!.?%/? +/???.#+/???*u2!( /1,!.%+.9?; ?9J?G???F9DAKL9?(=?AKD9LANG????<NG?9<G ?LJA:MAZ`=K? 0B>IFW>O??PL??>?PRMBOSFP^L?AL?.OL@RO>ALO?(RObAF@L??>?>K[IFPB?B?BJFPP^L?AB?M>OB@BO?BJ?MOL@BPPLP??>@LJM>KE>JBKQL?AL?>KA>JBKQL?AB?MOL@BPPLP?MBO? QBK@BKQBP?>L?.LABO?*BDFPI>QFSL??BI>?LO>_^L?AB?ABCBP>?BPQ>KAL?L?*BDFPI>QFSL?K>?@LKAF_^L?AB?>RQLO??O`R?LR?QBO@BFOL??>MOBPBKQ>_^L?AB?OB@ROPLP?K>P?FKP? Q]K@F>P?@LJMBQBKQBP??OB>IFW>_^L?AB?>RAFaK@F>P?B?LRQOLP?>QLP??M>O>?ABCBKABO?LP?AFOBFQLP?LR?FKQBOBPPBP?AL?.LABO?*BDFPI>QFSL??>PPBPPLO>O?GROFAF@>JBKQB?> +BP>?"FOBQLO>?K>P?1BPPeBP?.IBK[OF>P?NR>KAL?ABQBOJFK>AL?MBI>?@EBCF>?FJBAF>Q>??L?PBOS>O?B?LOFBKQ>O?PL?OB?>?IBDFPI>_^L??KLOJ>P??FKPQOR_eBP?KLOJ>QFS>P B?MLOQ>OF>P?MBOQFKBKQBP?NR>KAL?A>?BUB@R_^L?AB?PR>P?>QFSFA>ABP??LOD>KFW>O?B?>QR>IFW>O?>?@LIBQ]KB>?AB?IBFP?JRKF@FM>FP???BJ?@LJL?A>P?IBDFPI>_eBP?BPQ>? AR>I?B?CBABO>I?AB?FKQBOBPPB?AL?*BDFPI>QFSL??L?PBOS>O?>?IBDFPI>_^L??KLOJ>P??FKPQOR_eBP?KLOJ>QFS>P??MLOQ>OF>P?MBOQFKBKQBP?NR>KAL?A>?BUB@R_^L?AB?PR>P >QFSFA>ABP??BUBO@BO?LRQO>P?>QFSFA>ABP?>CFKP? ?9J?G???F9DAKL9?(=?AKD9LANG????GFL9<GJ ?LJA:MAZ`=K? .I>KBG>O??PRMBOSFPFLK>O??LOFBKQ>O?>?BUB@R_^L?AB?QO>?>IELP?\?@LKQ>?FIFA>AB??AB?>@LOAL?@LJ?>P?BUFDaK@F>P?IBD>FP?B?>AJFKFPQO>QFS>P??BI>?LO>O?B?@LKQOLI>O LP?LO_>JBKQLP?B??>I>K_LP?AL?.LABO?*BDFPI>QFSL??SF>?FIFW>O?>?BUB@R_^L?A>P?OLQFK>P?AB?BJMBKEL??IFNRFA>_^L?B?M>D>JBKQL???BJ?@LJL?LP?@LKQOLIBP?@LK? Q[?BFP?M>QOFJLKF>FP?B?>K>IbQF@LP?BUFDFALP?MBI>P?KLOJ>P?DBO>FP?AB?@LKQ>?FIFA>AB??>MRO>O?LP?BIBJBKQLP?KB@BPP[OFLP?>L?@LKQOLIB?A>?PFQR>_^L?LO_>JBKQ[OF>? M>QOFJLKF>I?B?CFK>K@BFO>?A>?!]J>O>??BI>?LO>O??>I>K@BQBP?JBKP>FP??BI>?LO>O?LP?OBI>QcOFLP?MBOQFKBKQBP?>?*BF?!LJMIBJBKQ>O???????????>RUFIF>O?K>?BI>?LO>? _^L?AL??>I>K_L?DBO>I??BI>?LO>O?B?BKSF>O?FKCLOJ>_eBP?>L?2!#?+2??BI>?LO>O?>P?@LK@FIF>_eBP??>K@[OF>P??CLOKB@BO?>LP?DBPQLOBP?FKCLOJ>_eBP?>QR>IFW>A>P?B BU>Q>P?M>O>?PR?PFAF>O?>P?QLJ>A>P?AB?AB@FPeBP??>LP?cOD^LP?AB?@LKQOLIB?FKQBOKL?B?BUQBOKL?M>O>?L?@RJMOFJBKQL?A>?IBDFPI>_^L?B?\P?FKPQFQRF_eBP?DLSBOK>? JBKQ>FP?B?M>OQF@RI>OBP??FKCLOJ>_eBP?BPQ>QbPQF@>P?B?LRQO>P?AB?FKQBOBPPB?ABPP>P?FKPQFQRF_eBP??L?PBOS>O?>?IBDFPI>_^L??KLOJ>P??FKPQOR_eBP?KLOJ>QFS>P??MLOQ>? OF>P?MBOQFKBKQBP?NR>KAL?A>?BUB@R_^L?AB?PR>P?>QFSFA>ABP??BUBO@BO?LRQO>P?>QFSFA>ABP?>CFKP? ?9J?G???F9DAKL9?(=?AKD9LANG???!F?=F@=AJG??ANAD ?LJA:MAZ`=K? ?@LJM>KE>O??PRMBOSFPFLK>O??@LLOABK>O??@LKQOLI>O?B?>S>IF>O??>P?>QFSFA>ABP?JRKF@FM>FP?OBI>QFS>P?>?L?O>P??PBOSF_LP?AB?BKDBKE>OF>?B?QO>KPMLOQBP??A>O?>MLFL Q`@KF@L?\P?@LJFPPeBP?MBOJ>KBKQBP?B?QBJMLO[OF>P?MBOQFKBKQBP?>?PR>?[OB>?AB?>QR>_^L??>@LJM>KE>O?LP?MOLGBQLP?B?>?BPMB@FCF@>_eBP?AB?L?O>P??OBM>OLP? OBKLS>_^L?LR?>JMIF>_^L?ALP?BPM>_LP?>ONRFQBQdKF@LP?ALP?FJcSBFP?A>?!]J>O>?+RKF@FM>I?LR?MLO?BI>?>IRD>ALP??LOFBKQ>O?>?BI>?LO>_^L?AB?MOLGBQLP?B?BPMB? @FCF@>_eBP?AB?BNRFM>JBKQLP??BI>?LO>O?BPMB@FCF@>_eBP?AB?J>QBOF>I?M>O>?@LKPQOR_^L??BPQRA>O?>?SF>?FIFA>AB?Q`@KF@LB@LKdJF@>??BI>?LO>O?LO_>JBKQL??OB>IF? W>O?SFPQLOF>??MBOb@F>??>S>IF>_^L??>O?FQO>DBJ??BI>?LO>O?I>RAL?B?M>OB@BO?Q`@KF@L??>@LJM>KE>O?>?CFP@>IFW>_^L?AB?L?O>P?B?PBOSF_LP?@LKQO>Q>ALP???BJ?@LJL L?O>P?B?PBOSF_LP?BUB@RQ>ALP?MBI>?.OBCBFQRO>?+RKF@FM>I??MOBPQ>O?>PPBPPLO>JBKQL?>LP?cOD^LP?AB?IF@FQ>_^L??\P?@LJFPPeBP?AB?L?O>P?B?QO>KPMLOQB?B?@LI>?L? O>O?QB@KF@>JBKQB?@LJ?LP?ABJ>FP?cOD^LP??PRMBOSFPFLK>O?L?O>P?AB?OBCLOJ>P??OBM>OLP?B?@LKPBOS>_^L?ALP?IL@>FP?I>?LO>FP?A>?FKPQFQRF_^L??L?PBOS>O?>?IBDFPI>? _^L??KLOJ>P??FKPQOR_eBP?KLOJ>QFS>P??MLOQ>OF>P?MBOQFKBKQBP?NR>KAL?A>?BUB@R_^L?AB?PR>P?>QFSFA>ABP??BUB@RQ>O?Q>OBC>P?>CFKP??FK@IRPFSB?>P?BAFQ>A>P?KL?OBP? MB@QFSL?OBDRI>JBKQL?A>?MOLCFPP^L? ?0.%?1%Sk!/?#!.?%/? +???.#+???*u2!(?)T %+ ?9J?G??0[;FA;G?(=?AKD9LANG???0[;FA;G??<EAFAKLJ9LANG ?LJA:MAZ`=K? #I>?LO>O?B?AFDFQ>O?QBUQLP?B?AL@RJBKQLP??LMBO>O?MOLDO>J>P?FKCLOJ>QFW>ALP??@RFA>O?A>?MOBM>O>_^L?AB?@LOOBPMLKAaK@F>P??BKQOBD>O?B?OB@B?BO?@LOOBPMLK? AaK@F>P??MOL@BPPLP?B?AL@RJBKQLP??>ONRFS>O?AL@RJBKQLP??#CBQR>O?OBDFPQOLP?BJ?IFSOLP?AB?>QLP?B?@LKQOLIB?AL?.LABO?*BDFPI>QFSL??LOD>KFW>O?B?J>KQBO?>ONRF? SLP?AB?AL@RJBKQLP?AL?1BQLO?AB?.BPPL>I??BCBQR>O?IBS>KQ>JBKQL?AB?A>ALP?M>O>?PR?PFAF>O?M>OB@BOBP?B?OBI>QcOFLP??@LKCBOFO?B?Q>?RI>O?A>ALP?M>O>?I>K_>? JBKQLP?BJ?CLOJRI[OFLP??OBAFDFO?LCb@FLP??MOBBK@EBO?CLOJRI[OFLP??>QBKABO?QBIBCLKB??L?PBOS>O?>?IBDFPI>_^L??KLOJ>P??FKPQOR_eBP?KLOJ>QFS>P??MLOQ>OF>P?MBOQF? KBKQBP?NR>KAL?A>?BUB@R_^L?AB?PR>P?>QFSFA>ABP??BUB@RQ>O?LRQO>P?Q>OBC>P?@LJM>QbSBFP?@LJ?>?K>QROBW>?AL?@>ODL??BUBO@BO?LRQO>P?>QFSFA>ABP?>CFKP??AB?BK? PFKL?J`AFL?@LJMIBQL? ?9J?G??0[;FA;G?(=?AKD9LANG????JIMANAKL9 ?LJA:MAZ`=K? ?ONRFS>O?LP?MOLGBQLP?B?AL@RJBKQLP??>ONRFS>O?LP?AL@RJBKQLP?OBI>QFSLP?>?QLALP?LP?1BQLOBP?A>?!]J>O>?J>KQBKAL?@LKQOLIB?B?>@BPPF?FIFA>AB??LOD>KFW>O >@BOSLP?AL?.LABO?*BDFPI>QFSL??L?PBOS>O?>?IBDFPI>_^L??KLOJ>P??FKPQOR_eBP?KLOJ>QFS>P??MLOQ>OF>P?MBOQFKBKQBP?NR>KAL?A>?BUB@R_^L?AB?PR>P?>QFSFA>ABP? BUBO@BO?LRQO>P?>QFSFA>ABP?>CFKP? ?9J?G??0[;FA;G?(=?AKD9LANG???"GL^?J9>G ?LJA:MAZ`=K? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  19. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? #UB@RQ>O?QO>?>IELP?AB?@L?BOQRO>?CLQL?GLOK>IbPQF@>?ALP?BSBKQLP?FKQBOKLP?B?BUQBOKLP?A>?!]J>O>?+RKF@FM>I?B?BUB@RQ>O?Q>OBC>P?OBI>QFS>P?>L?QO>Q>JBKQL?B DR>OA>?A>P?FJ>DBKP?NRB?C>WBJ?M>OQB?AL?>@BOSL?B?JBJcOF>?A>?!>P>??L?PBOS>O?>?IBDFPI>_^L??KLOJ>P??FKPQOR_eBP?KLOJ>QFS>P??MLOQ>OF>P?MBOQFKBKQBP?NR>K? AL?A>?BUB@R_^L?AB?PR>P?>QFSFA>ABP??BUBO@BO?LRQO>P?>QFSFA>ABP?>CFKP? ?9J?G??0[;FA;G?(=?AKD9LANG???0[;FA;G?<=?%F>GJEVLA;9 ?LJA:MAZ`=K? .OBPQ>O?PRMLOQB?Q`@KF@L?>LP?RPR[OFLP?ALP?@LJMRQ>ALOBP??KL?QL@>KQB?>L?RPL?AB?PLCQT>OB??>MIF@>QFSLP??PBOSF_LP?AB?FKCLOJ[QF@>?B?AB?OBABP?BJ?DBO>I??'KPQ>? I>O?B?@LKCFDRO>O?PLCQT>OBP?B?E>OAT>OBP??LOFBKQ>KAL?LP?RPR[OFLP?K>P?BPMB@FCF@>_eBP?B?@LJ>KALP?KB@BPP[OFLP?M>O>?PR>?RQFIFW>_^L??LOD>KFW>O?B?@LKQOLI>O LP?J>QBOF>FP?KB@BPP[OFLP?M>O>?>?BUB@R_^L?A>P?Q>OBC>P?AB?LMBO>_^L??LOABJ?AB?PBOSF_L??OBPRIQ>ALP?ALP?MOL@BPP>JBKQLP??LMBO>O?BNRFM>JBKQLP?AB?MOL? @BPP>JBKQL?>RQLJ>QFW>ALP?AB?A>ALP??J>KQBKAL?>QFS>?QLA>?>?J>IE>?AB?AFPMLPFQFSLP?@LKB@Q>ALP??FKQBOMOBQ>O?>P?JBKP>DBKP?BUF?FA>P?KL?JLKFQLO??>AL? Q>KAL?>P?JBAFA>P?KB@BPP[OF>P??KLQFCF@>O?B?FKCLOJ>O?>LP?RPR[OFLP?AL?PFPQBJ>?LR?>L?>K>IFPQ>?AB?FKCLOJ[QF@>??PL?OB?NR>INRBO?C>IE>?L@LOOFA>??BUB@RQ>O?B @LKQOLI>O?LP?PBOSF_LP?AB?MOL@BPP>JBKQL?AB?A>ALP?KLP?BNRFM>JBKQLP?NRB?LMBO>??BUB@RQ>O?L?PRMLOQB?Q`@KF@L?KB@BPP[OFL?M>O>?D>O>KQFO?L??LJ?CRK@FLK>? JBKQL?ALP?BNRFM>JBKQLP??@LJ?PR?PQFQRF_^L??@LKCFDRO>_^L?B?FKPQ>I>_^L?AB?JcARILP??M>OQBP?B?@LJMLKBKQBP??>AJFKFPQO>O?@cMF>P?AB?PBDRO>K_>??FJMOBP? P^L?B?PBDRO>K_>?ALP?BNRFM>JBKQLP?BJ?PR>?[OB>?AB?>QR>_^L??L?PBOS>O?>?IBDFPI>_^L??KLOJ>P??FKPQOR_eBP?KLOJ>QFS>P??MLOQ>OF>P?MBOQFKBKQBP?NR>KAL?A> BUB@R_^L?AB?PR>P?>QFSFA>ABP??BUBO@BO?LRQO>P?>QFSFA>ABP?>CFKP? ?*!4+?2 ?+*0!x +/?,.+#.?)t0%?+/? ??,.+2??+?&!0%2????*u2!(?/1,!.%+. ?9J?G???F9DAKL9?(=?AKD9LANG???<NG?9<G???GFL9<GJ?=?!F?=F@=AJG??ANAD? ?GF@=;AE=FLGK??VKA;GK (]F?M9?,GJLM?M=K9 ?? *BFQRO> B FKQBOMOBQ>_^L AB QBUQLP AB S>OF>ALP DaKBOLP AFP@ROPFSLP? ?? ?P @LKAF_eBP AB MOLAR_^L AB RJ QBUQL B >P J>O@>P @LJMLPF@FLK>FP AB DaKBOLP QBUQR>FP AFSBOPLP? ?? *FKDR>DBJ B >ABNR>_^L PL@F>I? ???? 4>OFBA>ABP IFKDRbPQF@>P B PBRP ABQBOJFK>KQBP PL@F>FP? OBDFLK>FP? EFPQcOF@LP B FKAFSFAR>FP? ???? 0BDFPQOLP CLOJ>I B FKCLOJ>I A> IFKDR>DBJ? ?? ?PMB@QLP IFKDRbPQF@LP K> @LKPQOR_^L AL QBUQL? ???? $LK`QF@>? MOLPcAF>? LOQLDO>CF>? ???? +LOCLILDF>? CLOJ>_^L? @I>PPFCF@>_^L B CIBU^L A>P M>I>SO>P? ???? 1FKQ>UB? @LK@LOA]K@F>P SBO?>I B KLJFK>I? OBDaK@F>P SBO?>I B KLJFK>I? @LIL@>_^L MOLKLJFK>I? BJMOBDL AB KL? JBP? MOLKLJBP? @LKGRK_eBP? >AS`O?FLP? JLALP B QBJMLP SBO?>FP? ???? 1BJ]KQF@>? MLIFPPBJF>? M>OLKbJF>? ELJLKbJF>? PFKLKbJF>? >KQLKbJF>? ABKLQ>_^L B @LKLQ>_^L? ?? 2BUQR>IFA>AB? @LBP^L? @LBOaK@F>? FKQBOQBUQR>IFA>AB? >ODRJBKQ>_^L? ?? .LKQR>_^L? ?? 2FMLP AB AFP@ROPL? AFOBQL B FKAFOBQL? ?? 4LWBP AL SBO?L? ?? ?@BKQR>_^L? ??? $FDRO>P AB IFKDR>DBJ? ??? ,>OO>_^L? ABP@OF_^L? FKGRK_^L? AF[ILDL? >ODRJBKQ>_^L? BUMLPF_^L? ??? !O>PB? ??? !LLOABK>_^L B PR?LOAFK>_^L??????!LKB@QFSLP? *GZ`=K?<=?%F>GJEVLA;9 ?LK@BFQLP PL?OB FKCLOJ[QF@>? @LK@BFQLP? @>O>@QBObPQF@>P? JLA>IFA>ABP AB MOL@BPP>JBKQL? E>OAT>OB? JF@OL@LJMRQ>ALOBP U KLQB?LLHP U I>MQLM? @LJML? KBKQBP B CRK_eBP? AFPMLPFQFSLP AB BKQO>A> B P>bA>? JBJcOF>? RPL ALP OB@ROPLP? 1LCQT>OB? @LK@BFQLP? PLCQT>OB IFSOB? ?[PF@L B >MIF@>QFSL? 1FPQBJ>P LMBO>@F? LK>FP? @LK@BFQLP? @>O>@QBObPQF@>P? DBOaK@F> AB MOL@BPPLP? AB JBJcOF>? AB AFPMLPFQFSLP AB B?P? AB A>ALP? PFPQBJ>P AB >ONRFSLP? ?J?FBKQBP 5FKALTP ???? ????? 0 B *FKRU B AFPQOF?RF_eBP? @LK@BFQLP? @>O>@QBObPQF@>P? SBOPeBP ?? B ?? ?FQP? b@LKBP? >J?FBKQB DO[CF@L? DBOBK@F>ALO AB M>PQ>P B >ONRFSLP? QB@I>P AB >Q>IEL? RPL ALP OB@ROPLP? .>@LQB +1 -CCF@B ????????? 0 LR PRMBOFLO ?5LOA? !>I@? .LTBOMLFKQ? ?@@BPP? B *F?OB -CCF@B ??????? LR PRMBOFLO ?5OFQBO? !>I@? 'JMOBPP? >PB?? BJ MLOQRDRaP 0? @LK@BFQLP? @>O>@QBObPQF@>P? SBOPeBP ?? B ?? ?FQP? M>PQ>P B >ONRFSLP? QB@I>P AB >Q>IEL? b@LKBP? RPL ALP OB@ROPLP? 0BABP AB @LJMRQ>ALOBP? @LK@BFQLP? @>O>@QBObPQF@>P? BNRFM>JBKQLP? PFK>FP >K>IcDF@L U AFDFQ>I? PBOF>I U M>O>IBIL? JBFLP AB QO>KPJFPP^L? @>?B>JBKQL BPQORQRO>AL? @>QBDLOF>P? M>AOeBP #'??2'? ???? 6 ??? ? 2B@KLILDF>P? QLMLILDF>P? @LKB@QLOBP? @>?B>JBKQL? M>AOeBP? MOLQL@LILP B OBABP @>?B>A>P B TFOBIBPP? .>AOeBP ? ,2? +LABIL -1'?'1- t @LK@BFQLP? KbSBFP B @>J>A>P? ?ONRFQBQRO> 2!.?'.? #KABOB_LP '.S? 6 '.S?? +[P@>O> AB OBAB AB Q>J>KEL CFUL U Q>J>KEL S>? OF[SBI? 3QFIFQ[OFLP? 'KQBOKBQ U 'KQO>KBQ U #UQO>KBQ? @LK@BFQLP? @>O>QBObPQF@>P? TB? ??? U TB? ???? OLTPBOP +F@OLPLCQ #ADB? %LLDIB !EOLJB B +LWFII> $FOBCLU K>P fIQFJ>P SBOPeBP AB ?? B ?? ?FQP t @LK@BFQLP? @>O>@QBObPQF@>P? b@LKBP? >Q>IELP AB QB@I>AL B RPL ALP OB@ROPLP? $BOO>JBKQ>P AB ?RP@> B AB MBPNRFP> K> 5B?? !LK@BFQLP PL?OB QB@KLILDF>P B CBOO>JBKQ>P AB @LI>?LO>_^L? AB @LOOBFL BIBQOdKF@L B TB?J>FI? AB DORMLP AB AFP@RPP^L? AB CcORKP? AB TFHFP B OBABP PL@F>FP? !LJMRQ>_^L BJ ,RSBJ? 1BDRO>K_> A> 'KCLOJ>_^L? AB PFPQBJ>P? AB BNRFM>JBKQLP? BJ OBABP B K> FKQBOKBQ t !LK@BFQLP? @>O>@QBObPQF@>P? M>AOeBP '1-? >MIF@>QFSLP? MOLQB_^L? >JB>_>P B SRIKBO>?FIFA>ABP? !LK@BFQLP PL?OB CFOBT>II? ?>@HRM? SbORP B >KQFSbORP? !OFMQLDO>CF> B >PPFK>QRO> AFDFQ>I? !LK@BFQLP PL?OB?@LJMRQ>_^L?DO[CF@>??QB@KLILDF>P?B?CBOO>JBKQ>P?JRIQFJbAF>??AB?OBMOLAR_^L?AB?[RAFL?B?SbABL??CLOJ>QLP?AB?>ONRFSLP??AB?FJ>DBKP?B?CFDRO>P? $AKL^JA9?=?#=G?J9>A9?<=?)9LG?#JGKKG Hist—ria de Mato Grosso? .BObLAL !LILKF>I ?? -P ?>KABFO>KQBP? BP@O>SFA^L FKAbDBK> B BUMILO>_^L AL LROL? ?? ? CRKA>_^L AB !RF>?[? 2BKPeBP MLIbQF@>P BKQOB LP CRKA>ALOBP B > >AJFKFPQO>_^L @LILKF>I? ?? ? CRKA>_^L AB 4FI> BI> A> 1>KQbPPFJ> 2OFKA>AB B > @OF>_^L A> !>MFQ>KF> AB +>QL %OLPPL? ?? ? BP? @O>SFA^L KBDO> BJ +>QL %OLPPL? .BObLAL 'JMBOF>I? .BObLAL 'JMBOF>I ?? ? @OFPB A> JFKBO>_^L B >P >IQBOK>QFS>P B@LKdJF@>P A> .OLSbK@F>? ?? ? 0RPD>? ?? -P NRFILJ?LP BJ +>QL %OLPPL? ?? -P .OBPFABKQBP AB .OLSbK@F> B PR>P OB>IFW>_eBP? ?? ? %RBOO> A> 2ObMIF@B ?IF>K_> @LKQO> L .>O>DR>F B > M>OQF@FM>_^L AB +>QL %OLPPL? ?? ? B@LKLJF> AB +>QL %OLPPL >McP > %RBOO> A> 2ObMIF@B ?IF>K_> @LKQO> L .>O>DR>F? ?? - CFJ AL 'JM`OFL BJ +>QL %OLPPL? .BObLAL 0BMR?IF@>KL ?? - @LOLKBIFPJL BJ +>QL %OLPPL? ?? #@LKLJF> AB +>QL %OLPPL K> .OFJBFO> 0BMf?IF@>? RPFK>P AB >_f@>O B @OF>_^L AB D>AL? ?? 0BI>_eBP AB QO>?>IEL BJ +>QL %OLPPL K> .OFJBFO> 0BMf?IF@>? ?? +>QL %OLPPL ARO>KQB > #O> 4>OD>P? MLIbQF@> B B@LKLJF>? ?? .LIbQF@> CRKAF[OF> B >P QBKPeBP PL@F>FP KL @>JML? ?? -P DLSBOK>ALOBP BPQ>AR>FP B PR>P OB>IFW>_eBP? ?? 2cMF@LP OBIBS>KQBP B >QR>FP AB MLIbQF@>? B@LKLJF>? PL@FBA>AB? BAR@>_^L? QB@KLILDF>? BKBODF>? OBI>_eBP FKQBOK>@FLK>FP? ABPBKSLISFJBKQL PRPQBKQ[SBI? PBDRO>K_>? B@LILDF> B PR>P SFK@RI>_eBP EFPQcOF@>P? ?? &FPQcOF> AB 4[OWB> %O>KAB? ?? $LO? J>_^L??AJFKFPQO>QFS>?AB?4[OWB>?%O>KAB? Geografia de Mato Grosso? ?? +>QL %OLPPL B > OBDF^L !BKQOL?-BPQB? ?? %BLMLIbQF@> AB +>QL %OLPPL? ?? -@RM>_^L AL QBOOFQcOFL? ?? ?PMB@QLP CbPF@LP B ALJbKFLP K>QRO>FP AL BPM>_L J>QL?DOLPPBKPB? ?? ?PMB@QLP MLIbQF@L?>AJFKFPQO>QFSLP? ?? ?PMB@QLP PL@FLB@LKdJF@LP AB +>QL %OLPPL? ?? $LOJ>_^L `QKF@>? ?? .OLDO>J>P DLSBOK>JBKQ>FP B COLKQBFO> >DOb@LI> J>QL?DOLPPBKPB? ??? B@LKLJF> AL #PQ>AL KL @LKQBUQL K>@FLK>I? ??? ? RO?>KFW>_^L AL #PQ>AL? ??? .LMRI>_^L??????2BOOFQcOFL?B??J?FBKQB??????#@LKLJF>? *GZ`=K?<=?TLA;9?=?"ADGKG>A9 ?? $RKA>JBKQLP A> $FILPLCF>? ?? $FILPLCF> .LIbQF@>? ?? !LKP@FaK@F> @ObQF@> B CFILPLCF>? ?? !RIQRO> B S>ILOBP `QF@LP LR JLO>FP? ?? (RbWLP AB C>QL B GRbWLP AB S>ILO? ?? ZQF@>?B?@FA>A>KF>? ?? ZQF@>?B0>@FLK>IFA>AB? ?? ZQF@>?B?@FaK@F>? ?GF@=;AE=FLGK?!KH=;]>A;GK l??F9DAKL9?(=?AKD9LANG AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  20. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ? 2+#? + %.!%0+ ? )%*%/0.?0%2+ ?AJFKFPQO>_^L .f?IF@> "FOBQ>? BPM`@FBP AB cOD^LP Mf?IF@LP? ?AJFKFPQO>_^L .f?IF@> 'KAFOBQ>? >RQ>ONRF>P? CRKA>_eBP Mf?IF@>P? PL@FBA>ABP AB B@LKLJF> JFPQ> B BJMOBP>P Mf?IF@>P? !LK@BPPFLK[OF>P B MBOJFPPFLK[OF>P? ?DaK@F>P #UB@RQFS>P B 0BDRI>ALO>P? !LKPBIELP AB $FP@>IFW>? _^L .OLCFPPFLK>I? .OFK@bMFLP NRB OBDBJ > ?AJFKFPQO>_^L .f?IF@>? IBD>IFA>AB? FJMBPPL>IFA>AB? JLO>IFA>AB? MR?IF@FA>AB? BCF@FaK@F>? FKQBOBPPB Mf?IF@L? JL? QFS>_^L? O>WL>?FIFA>AB? MOLMLO@FLK>IFA>AB? AFDKFA>AB A> MBPPL> ERJ>K>? ?L>?C`? FDR>IA>AB? @LKQFKRFA>AB AL PBOSF_L Mf?IF@L B PBDRO>K_> GRObAF@>? ?QLP ?AJFKFPQO>QFSLP? KL_^L? >QOF?RQLP? BIBJBKQLP? @I>PPFCF@>_^L? MBOCBF_^L? BCF@[@F> B S>IFA>AB? #PM`@FBP? #UQFK_^L? !LKQOLIB GRAF@F>I ALP >QLP >AJFKFPQO>QFSLP? .OL@BPPL ?AJFKFPQO>QFSL? KL_^L? MOFK@bMFLP >MIF@[SBFP? > MOL@BAFJBKQ>IFW>_^L A>P AB@FPeBP >AJFKFPQO>QFS>P? .OL@BPPL ?AJFKFPQO>QFSL "FP@FMIFK>O? .OL@BP? PL PRJ[OFL? .LABOBP ?AJFKFPQO>QFSLP? .LABO AB .LIb@F>? .LABO "FP@FMIFK>O? .LABO &FBO[ONRF@L? .LABO 4FK@RI>AL? .LABO "FP@OF@FLK[OFL B .LABO 0BDRI>JBK? Q>O? ?DBKQBP .f?IF@LP? KL_^L B @I>PPFCF@>_^L? #PM`@FBP AB OBDFJBP GRObAF@LP? FKPQFQR@FLK>I B @LKQO>QR>I? 0BDO>P @LKPQFQR@FLK>FP >MIF@[SBFP >LP PBOSFALOBP Mf?IF@LP? ?DBKQBP Mf?IF@LP B > FJMOL?FA>AB >AJFKFPQO>QFS> ?*BF Kn ?????????? *F@FQ>_^L .f?IF@>? @LK@BFQL? CFK>IFA>AB? MOFK@bMFLP? L?GBQL? L?OFD>QLOFBA>AB? AFPMBKP> B FKBUFDF?FIFA>AB? .OL@BAFJBKQL? >KRI>_^L B OBSLD>_^L A> IF@FQ>_^L? +LA>IFA>ABP AB IF@FQ>_^L? 1>K_eBP MBK>FP K> IF@FQ>_^L? ? *BF Kn ????? ?? B >IQBO>_eBP? !LKQO>QLP ?AJFKFPQO>QFSLP? @LK@BFQLP? MB@RIF>OFA>ABP B FKQBOMOBQ>_^L? $LOJ>IFW>_^L AL @LKQO>QL >AJFKFPQO>QFSL? FKPQORJBKQL? @LKQBfAL? @I[RPRI>P BPPBK@F>FP LR KB@BPP[OF>P? D>O>KQF>P M>O> > BUB@R_^L AL @LKQO>QL? JLA>IFA>ABP AB D>O>KQF>? #UB@R_^L AL @LKQO>QL >AJFKFPQO>QFSL? AFOBFQLP B L?OFD>_eBP A>P M>OQBP? >@LJM>KE>JBKQL A> BUB@R_^L AL @LKQO>QL? BUQFK_^L? MOLOOLD>_^L B OBKLS>_^L AL @LKQO>QL? 'KBUB@R_^L? OBSFP^L? PRPMBKP^L B OBP@FP^L AL @LKQO>QL? ? *BF Kn ??????? B >IQBO>_eBP? 1BOSF_L .f?IF@L? @LK@BFQL B @I>PPFCF@>_^L? 0BDRI>JBKQ>_^L B @LKQOLIB? 0BNRFPFQLP AL PBOSF_L B AFOBF? QLP AL RPR[OFL? !LJMBQaK@F> M>O> MOBPQ>_^L AL PBOSF_L? $LOJ>P B JBFLP AB MOBPQ>_^L AL PBOSF_L? !LKSaKFLP B @LKPcO@FLP >AJFKFPQO>QFSLP? !LK@BPP^L? MBOJFPP^L B >RQLOFW>_^L? *BF Kn ????????? "LJbKFL .f?IF@L? @LK@BFQL B @I>PPFCF@>_^L ALP ?BKP Mf?IF@LP? ?AJFKFPQO>_^L ALP ?BKP Mf?IF@LP? 3QFIFW>_^L ALP ?BKP Mf?IF@LP? ?IFBK>_^L ALP ?BKP Mf?IF@LP? 'JMOBP@OFQF?FIFA>AB? FJMBKELO>?FIFA>AB B K^L LKBO>_^L ALP ?BKP Mf?IF@LP? 'KQBOSBK_^L K> MOLMOFBA>AB B >QR>_^L KL ALJbKFL B@LKdJF@L? "BP>MOLMOF>_^L? 1BOSFA^L >AJFKFPQO>QFS>? 0BNRFPF_^L? -@RM>_^L QBJMLO[OF>? *FJFQ>_^L >AJFKFPQO>QFS>? 0BPMLKP>?FIFA>? AB @FSFI AL #PQ>AL? KL_^L? BU@IRABKQBP AB OBPMLKP>?FIFA>AB @FSFI AL #PQ>AL? >_^L AB OBDOBPPL? 'KQBOMOBQ>_^L AL >OQFDL ??? i?n? A> !LKPQFQRF_^L $BABO>I? 2BLOF> A> OBPMLKP>?FIFA>AB @FSFI L?GBQFS>? ? OBPMLKP>?FIFA>AB @FSFI AL #PQ>AL MLO >QLP LJFPPFSLP B @LJFPPFSLP AB PBRP >DBKQBP? !LKQOLIB A> >AJFKFPQO>? _^L? @LK@BFQL? QFMLP B CLOJ>P AB @LKQOLIB? 0BPMLKP>?FIFA>AB CFP@>I? !LKQOLIB >AJFKFPQO>QFSL? @LK@BFQL B JBFLP AB @LKQOLIB? $LOJ>P GRAF@F>FP AB @LKQOLIB A> >QFSFA>AB >AJFKFPQO>QFS>? ?_^L .LMRI>O ?*BF K? ?????????? ?_^L !FSFI .f?IF@> ?*BF K? ????????? B +>KA>AL AB 1BDRO>K_> FKAFSFAR>I B @LIBQFSL ?*BF K? ??? ???????????1RJRI>P?AL?1RMOBJL?2OF?RK>I?$BABO>I?B?1RJRI>P?AL?1RMBOFLO?2OF?RK>I?AB?(RPQF_>?PL?OB?"FOBFQL??AJFKFPQO>QFSL? %.!%0+ ?+*/0%01?%+*?( !LKPQFQRF_^L? MOFK@bMFLP CRKA>JBKQ>FP? 2BLOF> A> !LKPQFQRF_^L? !I>PPFCF@>_^L A>P !LKPQFQRF_eBP? "> >MIF@>?FIFA>AB B FKQBO? MOBQ>_^L A>P KLOJ>P @LKPQFQR@FLK>FP? SFDaK@F> B BCF@[@F> A>P KLOJ>P @LKPQFQR@FLK>FP? !LKQOLIB AB @LKPQFQR@FLK>IFA>AB? PFPQBJ>P AFCRPL B @LK@BKQO>AL? >_^L AFOBQ> AB FK@LKPQFQR@FLK>IFA>AB? >_^L AB@I>O>QcOF> AB @LKPQFQR@FLK>IFA>AB B >ODRF_^L AB ABP@RJMOFJBKQL AB MOB@BFQL CRKA>JBKQ>I? "LP AFOBFQLP B D>O>KQF>P CRKA>JBKQ>FP? ALP AFOBFQLP B ABSBOBP FKAFSFAR>FP B @LIBQFSLP? ALP AFOBFQLP PL@F>FP? ALP AFOBFQLP AB K>@FLK>IFA>AB? ALP AFOBFQLP MLIbQF@LP? "> LO? D>KFW>_^L MLIbQF@L >AJFKFPQO>QFS>? A>P @LJMBQaK@F>P A> 3KF^L? #PQ>ALP B +RKF@bMFLP? "> LOD>KFW>_^L AL #PQ>AL? >OQP? ?? > ?? A> !LKPQFQRF_^L $BABO>I? "L .LABO *BDFPI>QFSL? "L !LKDOBPPL ,>@FLK>I? ?QOF?RF_eBP AL !LKDOBPPL ,>@FLK>I? "> !]J>O> ALP "BMRQ>ALP? "L 1BK>AL $BABO>I? "LP "BMRQ>ALP B 1BK>ALOBP? ">P OBRKFeBP B A>P @LJFPPeBP? .OL@BPPL IBDFPI>QFSL? "> CFP@>IFW>_^L @LKQ[?FI? CFK>K@BFO> B LO_>JBKQ[OF>? ?>OQP? ?? > ?? A> !LKPQFQRF_^L $BABO>I?? "L .LABO #UB@RQFSL? >OQP? ?? > ?? A> !LKPQFQRF_^L $BABO>I? "L .LABO (RAF@F[OFL? AFPMLPF_eBP DBO>FP? AL 1RMOBJL 2OF?RK>I $BABO>I? AL 1RMBOFLO 2OF?RK>I AB (RPQF_>? ALP 2OF?RK>FP 0BDFLK>FP $BABO>FP B ALP (RbWBP $BABO>FP? ALP 2OF?RK>FP B (RbWBP AL 2O>?>IEL? ">P CRK_eBP BPPBK@F>FP \ (RPQF_>? AL +FKFPQ`OFL .f?IF@L? A> ?ASL@>@F> .f?IF@>? A> ?ASL@>@F> B A> "BCBKPLOF> .f?IF@>P? "> ABCBP> AL #PQ>AL B A>P 'KPQFQRF_eBP "BJL@O[QF@>P? "L #PQ>AL AB "BCBP>? "L #PQ>AL AB 1bQFL? A> PBDRO>K_> Mf?IF@>? "> 2OF?RQ>_^L B AL -O_>JBKQL ?>OQP? ??? > ??? A> !LKPQFQRF_^L $BABO>I?? "> -OABJ #@LKdJF@> B $FK>K@BFO>??>OQP??????>?????A>?!LKPQFQRF_^L?$BABO>I???">?-OABJ?1L@F>I??">?1>fAB??>OQP??????>?????A>?!LKPQFQRF_^L?$BABO>I?? %.!%0+ ?%2%( *BF AB 'KQOLAR_^L \P KLOJ>P AL "FOBFQL O>PFIBFOL? ">P .BPPL>P ,>QRO>FP? "> MBOPLK>IFA>AB B A> @>M>@FA>AB? "LP AFOBFQLP A> MBOPL? K>IFA>AB? ">P .BPPL>P (RObAF@>P? "L "LJF@bIFL? ">P "FCBOBKQBP !I>PPBP AB BKP? "LP ?BKP @LKPFABO>ALP BJ PF JBPJLP ?"LP ?BKP FJcSBFP? "LP ?BKP JcSBFP?? ?BKP AFSFPbSBFP? PFKDRI>OBP B @LIBQFSLP? "LP ?BKP Mf?IF@LP? "LP $>QLP (RObAF@LP? "LP KBDc@FLP GRObAF@LP? A> OBMOBPBKQ>_^L? A> @LKAF_^L? AL QBOJL B AL BK@>ODL? "LP ABCBFQLP AL KBDc@FL GRObAF@L? ">P JLA>IFA>ABP A>P -?OFD>_eBP? ">P L?OFD>_eBP AB A>O? ">P L?OFD>_eBP AB C>WBO? ">P L?OF? D>_eBP AB K^L C>WBO? ">P L?OFD>_eBP >IQBOK>QFS>P? AFSFPbSBFP? FKAFSFPbSBFP? PLIFA[OF>P? "L ?AFJMIBJBKQL B #UQFK_^L A>P -?OFD>_eBP? "L M>D>JBKQL? "L 'K>AFJMIBJBKQL A>P -?OFD>_eBP? "LP !LKQO>QLP BJ %BO>I? ">P 4[OF>P #PM`@FBP AB !LKQO>QL? "> @LJMO> B SBKA>? "> AL>_^L? "> IL@>_^L AB @LFP>P? "L BJMO`PQFJL? "> MOBPQ>_^L AB PBOSF_L? "> BJMOBFQ>A>? "L PBDROL ?"FPMLPF_eBP DBO>FP? "L PBDROL AB A>KL?? "> QBLOF> A> FJMOBSFP^L? "> 0BPMLKP>?FIFA>? AB !FSFI? "> .LPPB? "> .OLMOFBA>AB? "> MOLMOFBA>AB BJ DBO>I ?"FPMLPF_eBP MOBIFJFK>OBP?? "> >NRFPF_^L A> MOLMOFBA>AB FJcSBI? "> MBOA> A> MOLMOFBA>AB? "FOBFQL?AL?!LKPRJFALO??*BF?K?????????????"FOBFQL?AB?#JMOBP>??1fJRI>P?AL?12$?B?12(?PL?OB?"FOBFQL?!FSFI??"FOBFQL?AL?!LKPRJFALO?B?"FOBFQL?A>?#JMOBP>? %.!%0+ ,.+?!//1?( ?%2%( ">P KLOJ>P .OL@BPPR>FP !FSFP? ">P KLOJ>P CRKA>JBKQ>FP B A> >MIF@>_^L A>P KLOJ>P MOL@BPPR>FP? (ROFPAF_^L B @LJ? MBQaK@F>? 1RGBFQLP AL MOL@BPPL? 'KQBOSBK_^L AB QBO@BFOLP? +FKFPQ`OFL .f?IF@L? ?ASL@>@F> .f?IF@>? "BCBKPLOF> .f?IF@>? AL GRFW B ALP >RUFIF>OBP A> GRPQF_>? "LP >QLP MOL@BPPR>FP? 2RQBI> MOLSFPcOF>? "> CLOJ>_^L? PRPMBKP^L B BUQFK_^L AL MOL@BPPL? "> CLOJ>? AL QBJML B AL IRD>O ALP >QLP MOL@BPPR>FP? "> CLOJ> ALP >QLP MOL@BPPR>FP? "LP >QLP A>P M>OQBP? "LP MOLKRK@F>JBKQLP AL GRFW? "> SBOFCF@>_^L ALP MO>WLP B A>P MBK>IFA>ABP? "> @LJRKF@>_^L ALP >QLP MOL@BPPR>FP? "FPMLPF_eBP DBO>FP? "> @FQ>_^L? ">P @>OQ>P? ">P FKQFJ>_eBP? ">P KRIFA>ABP? "> AFPQOF?RF_^L B AL OBDFPQOL AL S>ILO A> @>RP>? .OL@BPPL AB @LKEB@FJBKQL? .OL@BAFJBKQL @LJRJ? .BQF_^L FKF@F>I? @LKQBPQ>_^L? BU@B_eBP? OB@LKSBK_^L? O`MIF@>? 0BSBIF>? 'JMOL@BAaK@F> IFJFK>O AL MBAFAL? ?RAFaK? @F> B @LK@FIF>_^L B JBAF>_^L? (RID>JBKQL @LKCLOJB L BPQ>AL AL MOL@BPPL? "L GRID>JBKQL >KQB@FM>AL AL J`OFQL? "L GRID>JBKQL >KQB@FM>AL M>O@F>I AL J`OFQL? .OLS>P? 1BKQBK_> B @LFP> GRID>A>? !RJMOFJBKQL AB PBKQBK_>? *FNRFA>_^L AB PBKQBK_>? "> OBJBPP> KB@BPP[OF>? .OL@BAFJBKQL AB @RJMOFJBKQL A> PBKQBK_>? .OL@BAFJBKQLP BPMB@F>FP? .OL@BAFJBKQLP BPMB@F>FP AB GROFPAF_^L @LKQBK@FLP> B SLIRKQ[OF>? +>KA>AL AB 1BDRO>K_>? FKAFSFAR>I B @LIBQFSL? ?_^L .LMRI>O? ?_^L !FSFI .f?IF@>? ?_^L MLO >QL AB FJMOL?FA>AB >AJFKFPQO>QFS>? .OL@BPPL AB BUB@R_^L? "> BUB@R_^L BJ DBO>I? ">P AFSBOP>P BPM`@FBP AB BUB@R_^L? "L QbQRIL BUB@RQFSL? "> BUFDF?FIFA>AB A> L?OFD>_^L? "LP BJ?>ODLP AL ABSBALO? "> PRPMBKP^L B A> BUQFK_^L AL MOL@BPPL AB BUB@R_^L? #UB@R_^L CFP@>I ?*BF Kn ?????????? "LP MOL@BAFJBKQLP KLP QOF?RK>FP B JBFLP AB FJMRDK>_^L A>P AB@FPeBP GRAF@F>FP? "> LOABJ ALP MOL@BPPLP KL QOF?R? K>I? 'K@FABKQB AB >PPRK_^L AB @LJMBQaK@F>? 'K@FABKQB AB >ODRF_^L AB FK@LKPQFQR@FLK>IFA>AB? ?_^L OBP@FPcOF>? "L FK@FABKQB AB OBPLIR_^L AB ABJ>KA>P OBMBQFQFS>P? 0B@ROPLP? "> >MBI>_^L? "L >DO>SL AB FKPQORJBKQL? "L >DO>SL FKQBOKL? "LP BJ?>ODLP AB AB@I>O>_^L? "LP OB@ROPLP M>O> L 1RMOBJL 2OF?RK>I $BABO>I B M>O> L 1RMBOFLO 2OF?RK>I AB (RPQF_>? "L OB@ROPL LOAFK[OFL? "L OB@ROPL BUQO>LOAFK[OFL B AL OB@ROPL BPMB@F>I? "LP BJ?>ODLP AB AFSBODaK@F>? .OL? @BPPL AB BUB@R_^L? "> BUB@R_^L BJ DBO>I? ">P AFSBOP>P BPM`@FBP AB BUB@R_^L? "LP BJ?>ODLP AL ABSBALO? "> PRPMBKP^L B A> BUQFK_^L AL MOL@BPPL AB?BUB@R_^L??#UB@R_^L?CFP@>I??*BF?Kn????????????1fJRI>P?AL?1RMBOFLO?2OF?RK>I?AB?(RPQF_>?B?AL?1RMOBJL?2OF?RK>I?$BABO>I?PL?OB?.OL@BPPL?!FSFI? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  21. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? %.!%0+ ,!*?( ! %.!%0+ ,.+?!//1?( ,!*?( !cAFDL .BK>I? .>OQB DBO>I? ?MIF@>_^L A> *BF .BK>I? AL !OFJB? A> 'JMRQ>?FIFA>AB .BK>I? AL !LK? @ROPL AB .BPPL>P? A> MBK> ?@>MbQRIL 4' ? ALP BCBFQLP A> @LKABK>_^L?? A> BUQFK_^L A> MRKF?FIFA>AB? .>OQB BPMB@F>I? ALP !OFJBP @LKQO> > $` .f?IF@>? ALP !OFJBP @LKQO> > ?AJFKFPQO>_^L .f?IF@>? *BFP !OFJFK>FP #PMB@F>FP? !OFJBP AB >?RPL AB >RQLOFA>AB B !OFJBP MOBSFPQLP K> IBF AB *F@FQ>_eBP? !cAFDL AB .OL@BPPL .BK>I? "L .OL@BPPL BJ %BO>I? *BF $BABO>I K?n ????????? (RFW>ALP #PMB@F>FP !OFJFK>FP? 1fJRI>P AL 1RMBOFLO 2OF?RK>I AB (RPQF_> B AL 1RMOBJL 2OF?RK>I?$BABO>I?PL?OB?"FOBFQL?.BK>I?B?.OL@BPPL?.BK>I? %.!%0+ 0.%?10t.%+ 1FPQBJ> 2OF?RQ[OFL ,>@FLK>I? ,LOJ>P %BO>FP AB "FOBFQL 2OF?RQ[OFL? *BDFPI>_^L 2OF?RQ[OF>? -?OFD>_^L 2OF?RQ[OF>? >? EFMcQBPB AB FK@FAaK@F>? ?? C>QL DBO>ALO? @? PRGBFQLP >QFSL B M>PPFSL? A? OBPMLKP>?FIFA>AB QOF?RQ[OF>? !O`AFQL 2OF?RQ[OFL? >? I>K_>JBKQL? ?? JLA>IFA>ABP? @? OBSFP^L? A? PRPMBKP^L? B? BUQFK_^L? C? BU@IRP^L? ?? 'JRKFA>ABP B FPBK_^L? 2OF?RQLP? >? K>QROBW> GRObAF@>? ?? @LK@BFQL? @? @I>PPFCF@>_^L? A? BPM`@FBP? B? FJMLPQLP? C? Q>U>P? D? @LKQOF?RF_eBP? E? BJMO`PQFJL @LJMRIPcOFL? ?? %>O>KQF>P B MOFSFI`DFLP AL !O`AFQL 2OF?RQ[OFL? 'JMLPQLP ALP JRKF@bMFLP? 'JMLPQL PL?OB QO>KPJFPP^L FKQBOSFSLP? > NR>INRBO QbQRIL? MLO >QL LKBOLPL? AB ?BKP FJcSBFP? MLO K>QROBW> LR >@BPP^L CbPF@>? B AB AFOBFQLP OB>FP PL?OB FJcSBFP? BU@BQL LP AB D>O>KQF>? ?BJ @LJL @BPP^L AB AFOBFQLP > PR> >NRFPF_^L? 'JMLPQL PL?OB PBOSF_LP AB NR>INRBO K>QROBW>? ?AJFKFPQO>_^L QOF?RQ[OF>? $FP@>IFW>_^L? "bSFA> >QFS>? !BOQF? AeBP KBD>QFS>P? !OFJBP @LKQO> > LOABJ QOF?RQ[OF>? B@LKdJF@> B @LKQO> >P OBI>_eBP AB @LKPRJL? .OL@BPPL >AJFKFPQO>QFSL QOF?RQ[OFL? *BF $BABO>I Kn ????? AB????AB?PBQBJ?OL?AB??????B?>IQBO>_eBP??1fJRI>P?AL?1RMBOFLO?2OF?RK>I?AB?(RPQF_>?B?AL?1RMOBJL?2OF?RK>I?$BABO>I?PL?OB?"FOBFQL?2OF?RQ[OFL? %.!%0+ ?)?%!*0?( "FOBFQL ?J?FBKQ>I? !LK@BFQL? -?GBQL? .OFK@bMFLP CRKA>JBKQ>FP? ,LOJ>P @LKPQFQR@FLK>FP OBI>QFS>P \ MOLQB_^L >J?FBKQ>I? 0BM>OQF_^L AB @LJMBQaK@F>P BJ J>Q`OF> >J?FBKQ>I? 8LKB>JBKQL ?J?FBKQ>I? 1FPQBJ> ,>@FLK>I AB 3KFA>ABP AB !LKPBOS>_^L A> ,>QROBW>? .LABO AB MLIb@F> B "FOBFQL ?J?FBKQ>I? *F@BK@F>JBKQL >J?FBKQ>I? 0BPMLKP>?FIFA>AB >J?FBKQ>I? >AJFKFPQO>QFS>? @FSFI B MBK>I? A>KL >J?FBKQ>I? MLIRF_^L B MLIRFALO? M>MBI AL +FKFPQ`OFL .f?IF@L K> ABCBP> AL JBFL >J?FBKQB? @OFJBP >J?FBKQ>FP? BPM`@FBP B P>K_eBP MBK>FP? 1FPQBJ> K>@FLK>I AL JBFL >J?FBKQB? .LIbQF@> K>@FLK>I AL JBFL >J? ?FBKQB? #PQRAL AB FJM>@QL >J?FBKQ>I? !LK@BFQL? !LJMBQaK@F>P? 0BNRFPFQLP? .OLQB_^L \P CILOBPQ>P KL "FOBFQL ?J?FBKQ>I ?O>PFIBFOL? zOB>P AB MOBPBOS>_^L MBOJ>KBKQB?B?RKFA>ABP?AB?@LKPBOS>_^L??0B@ROPLP?EbAOF@LP? (=?AKD9ZYG? (=A?+J?XFA;9?<G?)MFA;]HAG?<=?2VJR=9?#J9F<= !KL9LMLG?<G?/=JNA<GJ?<G?)MFA;]HAG?<=?2VJR=9?#J9F<= .=?AE=FLG?%FL=JFG?<9??XE9J9?)MFA;AH9D?<=?2VJR=9?#J9F<= (=A ?GEHD=E=FL9J Fg ?????????? = KM9K 9DL=J9Z`=K ? "FPMeB PL?OB > OBBPQORQRO>_^L AL .I>KL AB !>ODLP? !>OOBFO>P B 1>I[OFLP ? .!!1 ALP 1BOSFALOBP .f?IF@LP?+RKF@FM>FP?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB???+2?B?A[?LRQO>P?MOLSFAaK@F>P? ?+*0? +.? !LKQ>?FIFA>AB? !LK@BFQL? -?GBQL? $FK>IFA>AB? !>JML AB >MIF@>_^L? .>QOFJdKFL? 1FQR>_^L *bNRFA>? .I>KL AB !LKQ>P? #P@OFQRO>_^L !LKQ[?FI? "BPMBP> B 0B? @BFQ>P? $>QLP ?AJFKFPQO>QFSLP? -MBO>_eBP @LJ +BO@>ALOF>P? -MBO>_eBP !LKQ[?BFP? 2BLOF> A>P !LKQ>P? >I>K@BQB AB 4BOFCF@>_^L? ?GRPQBP B -MBO>_eBP AB #K@BOO>JBKQL? "FSFABKALP? .>OQF@FM>_eBP #PQ>QRQ[OF>P? !LKPQFQRF_^L B OBSBOP^L AB OBPBOS>P? !OFQ`OFLP AB ?S>IF>_^L ALP !LJMLKBKQBP .>QOFJLKF>FP? #NR>_^L $RKA>JBKQ>I? "BJLKPQO>_eBP !LKQ[?BFP? #PQORQRO>? @LJMLPF_^L B #I>?LO>_^L? >I>K_L .>QOFJLKF>I? "BJLKPQO>_^L AL 0BPRIQ>AL AL #UBO@b@FL? "BJLKPQO>_^L AB *R@OLP LR .OBGRbWLP ?@RJRI>ALP? "BJLKPQO>_^L A> +RQ>_^L AL .>QOFJdKFL *bNRFAL? "BJLKPQO>_^L AL $IRUL AB !>FU>? "BJLKPQO>_^L AL 4>ILO ?AF@FLK>AL ? @LK@BFQLP? L?GBQFSLP B CLOJ> AB >MOBPBKQ>_^L? *FNRFABW @LOOBKQB B BKAFSFA>JBKQL? {KAF@BP AB IR@O>QFSFA>AB? J>ODBJ ?ORQ>? LMBO>? @FLK>I B IbNRFA>? %FOL AL BPQLNRB? !LKQ>?FIFA>AB .f?IF@>? ?AJFKFPQO>_^L $FK>K@BFO>? !LK@BFQL? ,L_eBP %BO>FP? !>JML AB ?QR>_^L? -O_>JBKQL .f?IF@L? @LK@BFQL? !F@IL -O_>JBKQ[OFL? #UBO@b@FL $FK>K@BFOL? .OFK@bMFLP -O_>JBKQ[OFLP? !O`AFQLP ?AF@FLK>FP? 2FMLP AB -O_>JBKQL? -O_>JBKQL?.OLDO>J>? @LK@BF? QL? CFK>IFA>AB B L?GBQFSLP? 'KPQORJBKQLP AB .I>KBG>JBKQL %LSBOK>JBKQ>I? .I>KL .IROF>KR>I ?..??? "FOBQOFWBP -O_>JBKQ[OF>P ?*"-? B > *BF -O_>JBKQ[OF> ?KR>I ?*-??? 0B@BFQ> .f?IF@>? !LK@BFQL? !I>PPFCF@>_eBP? 0B@BFQ> -O_>JBKQ[OF> B #UQO>LO_>JBKQ[OF>? !I>PPFCF@>_^L -O_>JBKQ[OF>? #PQ[DFLP A> 0B@BFQ>? "bSFA> ?QFS>? "BPMBP> .f?IF@>? !LK@BFQL B @I>PPFCF@>_eBP? "BPMBP> -O_>JBKQ[OF> B #UQO>LO_>JBKQ[OF>? !I>PPFCF@>_^L -O_>JBKQ[OF>? #PQ[DFLP A> "BPMB? P>? 0BPQLP > .>D>O? ?AF>KQ>JBKQL LR 1RMOFJBKQL AB $RKALP? "BPMBP>P AB #UBO@b@FL ?KQBOFLOBP? "bSFA> .f?IF@>? *BF AB 0BPMLKP>?FIFA>AB $FP@>I? 'KQOL? AR_^L? 0B@BFQ> !LOOBKQB *bNRFA>? AFPMLPF_^L PL?OB > *BF AB "FOBQOFWBP -O_>JBKQ[OF>? *BF -O_>JBKQ[OF> ?KR>I? #UB@R_^L -O_>JBKQ[OF>? 0B@BFQ> .f?IF@>? "BPMBP> .f?IF@>? 2O>KPCBOaK@F>P 4LIRKQ[OF>P? "bSFA> B #KAFSFA>JBKQL? 0BPBOS> AB !LKQFKDaK@F>? !LKQFKDBK@F>JBKQL AB "LQ>_eBP? %BPQ^L .>QOFJLKF>I? 2O>KPM>OaK@F>? !LKQOLIB B $FP@>IFW>_^L? 0BI>QcOFL 0BPRJFAL A> #UB@R_^L -O_>JBKQ[OF>? 0BI>QcOFL A> %BPQ^L $FP@>I? !LKQ>?FIFA>AB ?MIF@>A> >L 1BQLO .f?IF@L? 1FPQBJ> !LKQ[?FI? 1R?PFPQBJ>P AB !LKQ>P? -O_>JBKQ[OFL? .>QOFJLKF>I? !RPQLP B !LJMBKP>AL? 4>OF>_eBP .>QOFJLKF>FP? NR>IFQ>QFS>P B NR>KQF? Q>QFS>P? .OL@BAFJBKQLP @LKQ[?BFP LO_>JBKQ[OFLP ?.!-?? OB@LKEB@FJBKQL A> OB@BFQ> B A> ABPMBP> LO_>JBKQ[OF>? MOL@BAFJBKQLP @LKQ[?BFP OBCBOBKQBP \ OB@BFQ> B \ ABPMBP> LO_>JBKQ[OF>? !LKQOLIB A> BUB@R_^L A> ABPMBP> LO_>JBKQ[OF>? OBPQLP > M>D>O? ABPMBP>P AB BUBO@b@FLP >KQBOFLOBP? PRMOFJBKQLP AB CRKALP? .OL@BAFJBKQLP !LKQ[?BFP .>QOFJLKF>FP ?.!.?? .OL@BAFJBKQLP !LKQ[?BFP #PMB@bCF@LP ?.!#?? $3,"# ? !LK@BPP^L AB 1BOSF_LP .f?IF@LP? -MB? O>_eBP AB !O`AFQLP? 0..1? "bSFA> ?QFS>? .OB@>QcOFLP BJ 0BDFJB #PMB@F>I? !LKPcO@FLP .f?IF@LP? .I>KL AB !LKQ>P ?MIF@>AL >L 1BQLO .f?IF@L ?.!?1.?? @LK@BFQL? BPQORQRO> B @LJMLPF_^L? #P@OFQRO>_^L ALP MOFK@FM>FP C>QLP A> >AJFKFPQO>_^L Mf?IF@>? >OOB@>A>_^L A>P OB@BFQ>P @LOOBKQBP B AB @>MFQ>I? >OOB@>A>? _^L A> OB@BFQ> AB AbSFA> >QFS>? OB>IFW>_^L A>P ABPMBP>P @LOOBKQBP B AB @>MFQ>I? OBPQLP > M>D>O? LMBO>_eBP AB @O`AFQL MLO >KQB@FM>_^L AB OB@BFQ> LO_>JBK? Q[OF>? FKP@OF_^L AB AbSFA> >QFS> QOF?RQ[OF> B K^L QOF?RQ[OF>? FK@LOMLO>_^L AB ?BKP MLO AL>_eBP OB@B?FA>P? OB@LKEB@FJBKQL A> S>ILOFW>_^L AB ?BKP? ?>FU> MLO @>K@BI>JBKQL AB AbSFA>P M>PPFS>P AB @O`AFQLP CFP@>FP FKP@OFQLP? AFJFKRF_^L AB AbSFA>P MLO ?>FU> A> Q>U> @>J?F>I? OBDFPQOL A> ABMOB@F>_^L >@RJRI>A> AB ?BKP JcSBFP B FJcSBFP? OBDFPQOL A> @LOOB_^L JLKBQ[OF> @>J?F>I? OBPQFQRF_eBP > M>D>O? @>R_eBP OB@B?FA>P B ABSLISFA>P? CF>K_>P OB@B?FA>P B ABSLISFA>P B @LKPFDK>_eBP BJ CLIE> AB M>D>JBKQL B I>K_>JBKQLP AB BK@BOO>JBKQL AL BUBO@b@FL CFK>K@BFOL? "BJLKPQO>_eBP !LKQ[?BFP >MIF@>A>P >L 1BQLO .f?IF@L ?AB >@LOAL @LJ L +>KR>I AB !LKQ>?FIFA>AB ?MIF@>A> >L 1BQLO .f?IF@L ? +!?1. A> 12, B BPQORQRO> >QR>IFW>A> *BF Kn ?????????? >I>K_L -O_>JBKQ[OFL? >I>K_L $FK>K@BFOL? >I>K_L .>QOFJLKF>I? "BJLKPQO>_^L A>P 4>OF>_eBP .>QOFJLKF>FP? "BJLKPQO>_^L ALP $IRULP AB !>FU>? @LK@BFQLP? BPQORQRO>? @LJML? PF_^L? >K[IFPB B Q`@KF@> AB BI>?LO>_^L? BKP .f?IF@LP? @LK@BFQL? @I>PPFCF@>_eBP B FKSBKQ[OFL? ,-0+?1 0?1'*#'0?1 "# !-,2? '*'"?"# ?.*'!?? "? ?- 1#2-0 .~ *'!- t , ! 21.? *F@FQ>_eBP? !LK@BFQL? MOFK@bMFLP? L?GBQL B CFK>IFA>AB? -?OFD>QLOFBA>AB? AFPMBKP> B FKBUFDF?FIFA>AB? +LA>IFA>ABP? .OL@BAFJBKQLP B C>PBP? 0BSLD>_^L B >KRI>_^L ?CRKA>JBKQLP? FKF@F>QFS> B BCBFQLP AB@LOOBKQBP?? !LJFPP^L .BOJ>KBKQB AB *F@FQ>_eBP ?@LKPQFQRF_^L B OBP? MLKP>?FIFA>AB?? !LKQO>QLP >AJFKFPQO>QFSLP? @LK@BFQL? @>O>@QBObPQF@>P B MOFK@FM>FP QFMLP? OB>GRPQB AB MOB_LP? @LOOB_^L JLKBQ[OF>? OBBNRFIb?OFL B@LKdJF@L B CFK>K@BFOL? ?RAFQLOF>? ,L_eBP DBO>FP PL?OB >RAFQLOF>? @LK@BFQR>_^L B L?GBQFSLP? ?RAFQLOF>? ?RAFQLOF> 'KQBOK> B #UQBOK>? ?RAFQLOF> %LSBOK>JBKQ>I PBDRKAL L ',2-1?' ?'KQBOK>QFLK>I -OD>KFW>QFLK LC 1RMOBJB ?RAFQ 'KPQFQRQFLKP?? %LSBOK>K_> KL PBQLO Mf?IF@L? M>MBI B FJMLOQ]K@F>? PFPQBJ>P AB @LKQOLIB A> ?AJF? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  22. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? KFPQO>_^L .f?IF@> O>PFIBFO> ?>OQ? ?? > ?? A> !LKPQFQRF_^L $BABO>I?? !LKQOLIBP 'KQBOKL B #UQBOKL? @LK@BFQLP? MOFK@bMFLP? >PMB@QLP CRKA>JBKQ>FP? ABCFKF_^L AB OBPMLKP>?FIFA>AB B >RQLOFA>AB? PRMBOSFP^L? PBDOBD>_^L AB CRK_eBP? FKPQORJBKQLP AB @LKQOLIB? #KQFA>ABP $FP@>IFW>ALO>P? CRK_eBP? K>QROBW> GRObAF@> B BCF@[@F> A>P AB@FPeBP? ,LOJ>P M>O> L BUBO@b@FL MOLCFPPFLK>I A> >RAFQLOF>? 2FMLP AB >RAFQLOF>? >RAFQLOF> AB @LKCLOJFA>AB? >RAFQLOF> LMBO>@FLK>I B >S>IF>? _^L AB MOLDO>J>P AB DLSBOKL ?>RAFQLOF> AB OBPRIQ>ALP?? >RAFQLOF> AB ABJLKPQO>_eBP @LKQ[?BFP? >QFSFA>ABP AB ABQB@_^L AB CO>RABP? #U>JB B >S>IF>_^L AL !LKQOLIB 'KQBOKL? .OLDO>J>P AB ?RAFQLOF>? .>M`FP AB QO>?>IEL? 2BPQBP AB ?RAFQLOF>? 'JMLOQ]K@F> A> >JLPQO>DBJ BPQ>QbPQF@> BJ >RAFQLOF>? #SBKQLP B QO>KP>_eBP PR?PBNRBKQBP? 2`@KF@>P B MOL@BAFJBKQLP AB >RAFQLOF>? ?@E>ALP B #SFAaK@F>P AB ?RAFQLOF>? $O>RAB B #OOL? 0FP@LP AB ?RAFQLOF> B !>OQ> AB 0BPMLKP>?FIFA>AB A> ?AJFKFPQO>_^L? !LJRKF@>_^L AB OBPRIQ>ALP? OBI>QcOFLP AB >RAFQLOF> B M>OB@BOBP? .OL@BAFJBKQLP BJ MOL@BPPLP AB QLJ>A>P AB @LK? Q>P?B?AB?MOBPQ>_eBP?AB?@LKQ>P?A>?>AJFKFPQO>_^L?Mf?IF@>??.B_>P?B?@LKQBfAL?AL?MOL@BPPL?AB?@LKQ>P? (=?AKD9ZYG? (=A?+J?XFA;9?<G?)MFA;]HAG?<=?2VJR=9?#J9F<= !KL9LMLG?<G?/=JNA<GJ?<G?)MFA;]HAG?<=?2VJR=9?#J9F<= .=?AE=FLG?%FL=JFG?<9??XE9J9?)MFA;AH9D?<=?2VJR=9?#J9F<= (=A ?GEHD=E=FL9J Fg ?????????? = KM9K 9DL=J9Z`=K ? "FPMeB PL?OB > OBBPQORQRO>_^L AL .I>KL AB !>ODLP? !>OOBFO>P B 1>I[OFLP ? .!!1 ALP 1BOSFALOBP .f?IF@LP?+RKF@FM>FP?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB???+2?B?A[?LRQO>P?MOLSFAaK@F>P? !*#!*$!%.+??%2%(? #KDBKE>OF> AB @RPQLP? LO_>JBKQL B @LJMLPF_^L AB @RPQLP RKFQ[OFLP? M>O@F>FP B QLQ>FP? IBS>KQ>JBKQL AB NR>KQFA>ABP? .I>KBG>JBKQL B @OLKLDO>J> CbPF@L? CFK>K@BFOL? #UB@R_^L AB L?O>P @FSFP? QLMLDO>CF> B QBOO>MIBK>DBJ? IL@>_^L AB L?O>? PLKA>DBKP? FKPQ>I>_eBP MOLSFPcOF>P? !>KQBFOL AB L?O>P? MOLQB_^L B PBDRO>K_>? ABMcPFQL B >OJ>WBK>JBKQL AB J>QBOF>FP? BNRFM>JBKQLP B CBOO>JBKQ>P? $RKA>_eBP? #P@>S>_eBP? #P@LO>JBKQLP? #PQORQRO>P JBQ[IF@>P? AB J>ABFO> B AB @LK@OBQL? CLOJ>P? >OJ>_^L? >ISBK>OF> BPQORQRO>I? BPQORQRO>P MO`?C>?OF@>A>P? !LKQOLIB QB@KLIcDF@L? ?OD>J>PP>P? 'KPQ>I>_eBP MOBAF>FP? ?ISB? K>OF>P B OBSBPQFJBKQLP? #PNR>AOF>P? !L?BOQRO>P? .FPLP? 'JMBOJB>?FIFW>_^L? 1BDRO>K_> B EFDFBKB AL QO>?>IEL? #KP>FLP AB OB@B?FJBKQL A> L?O>? +>QBOF>FP AB @LKPQOR_^L @FSFI? ?DILJBO>KQBP ? DBPPL? @>I? @FJBKQL MLOQI>KA? ?DOBD>ALP? ?OD>J>PP>? !LK@OBQL? ALP>DBJ? QB@KLILDF> AL @LK@OBQL? ?_L? +>ABFO>? +>QBOF>FP @BO]JF@LP? 4FAOLP? 2FKQ>P B SBOKFWBP? +B@]KF@> ALP PLILP? -OFDBJ B CLOJ>_^L ALP PLILP? {KAF@BP CbPF@LP? !>O>@QBOFW>_^L B MOLMOFBA>ABP ALP PLILP? .OBPPeBP KLP PLILP? .OLPMB@_^L DBLQ`@KF@>? .BOJB>?FIFA>AB ALP PLILP? MBO@LI>_^L KLP PLILP? !LJM>@Q>_^L ALP PLILP? @LJMOBPPF?FIFA>AB ALP PLILP? >ABKP>JBKQL KLP PLILP? BPQFJ>QFS> AB OB@>INRBP? 0BPFPQaK@F> >L @FP>IE>JBKQL ALP PLILP? #JMRULP AB QBOO>? BPQORQRO>P AB >OOFJL? BPQ>?FIFA>AB AB Q>IRABP? BPQ>?FIFA>AB A>P CRKA>_eBP PRMBOCF@F>FP B BPQ>?FIFA>AB A>P CRKA>_eBP MOLCRKA>P? 0BPFPQaK@F> ALP J>QBOF>FP? "BCLOJ>_eBP? 2BLOF> A> BI>PQF@FA>? AB? ?K[IFPB AB QBKPeBP? 2BKPeBP MOFK@FM>FP? $IBU^L PFJMIBP? CIBU^L @LJMLPQ>? QLO_^L? @FP>IE>JBKQL B CI>J?>DBJ? ?K[IFPB BPQORQRO>I? #PCLO_LP BJ RJ> PB_^L? BPCLO_L KLOJ>I? BPCLO_L @LOQ>KQB? QLO_^L B JLJBKQL CIBQLO? 0BI>_^L BKQOB BPCLO_LP? ?MLFL B SbK@RILP? "F>DO>J> AB BPCLO_LP? #PQRALP A>P BPQORQR? O>P FPLPQ[QF@>P?SFD>P PFJMIBP? SFD>P DBO?BO? NR>AOLP? >O@LP B QOBIF_>P?? ABCLOJ>_eBP B ABPIL@>JBKQLP BJ BPQORQRO>P FPLPQ[QF@>P? IFKE>P AB FKCIRaK@F> BJ BPQORQRO>P FPLPQ[QF@>P? BPCLO_LP PL? >_^L AB @>OOBD>JBKQL? S>OF>_^L AB QBJMBO>QRO> B JLSFJBKQLP KLP >MLFLP? #PQRALP A>P BPQORQRO>P EFMBOBPQ[QF@>P? J`QLALP ALP BPCLO_LP? J`QLAL ALP ABPIL@>JBKQLP? MOL@BPPL AB !OLPP B IFKE>P AB FKCIRaK@F> BJ BPQORQRO>P EFMBOBPQ[QF@>P? "FJBKPFLK>JBKQL AL @LK@OBQL >OJ>AL? !>O>@QBObPQF@>P JB@]KF@>P B DBLIcDF@>P AL @LK@OBQL? 2FMLP AB >_L M>O> @LK@OBQL >OJ>AL? C>?OF@>_^L AL >_L? @>O>@QBObPQF@>P JB@]KF@>P AL >_L? BPQ>ALP IFJFQBP? >ABOaK@F>? >K@LO>DBJ B BJBKA>P BJ ?>OO>P AB >OJ>_^L? "FJBKPFLK>JBKQL AB PB_eBP OBQ>KDRI>OBP PL? CIBU^L? "FJBKPFLK>JBKQL AB PB_eBP 2?? !FP>IE>JBKQL? "FJBKPFLK>JBKQL AB MB_>P AB @LK@OBQL >OJ>AL PR?JBQFA>P > QLO_^L? "FJBKPFLK>JBKQL AB MFI>OBP? "BQ>IE>JBKQL AB >OJ>? _^L BJ @LK@OBQL >OJ>AL? .OLGBQLP AB 'KPQ>I>_eBP MOBAF>FP? 'KPQ>I>_eBP BI`QOF@>P? 'KPQ>I>_eBP EFAO[RIF@>P? 'KPQ>I>_eBP AB BPDLQL? 'KPQ>I>_eBP AB QBIBCLKB B FKPQ>I>_eBP BPMB@F>FP ? D[P? >O @LJMOFJFAL? S[@RL B [DR> NRBKQB?? #PQORQRO>P AB >_L? KL_eBP? #PQORQRO>P AB J>ABFO>? KL_eBP? $FP@>IFW>_^L B %BPQ^L AB L?O>P? ?@LJM>KE>JBKQL A> >MIF@>_^L AB OB@ROPLP ?JBAF_eBP? BJFPP^L AB C>QRO>? BQ@??? !LKQOLIB AB J>QBOF>FP ?@FJBKQL? >DOBD>ALP >AFQFSLP? @LK@OBQL RPFK>AL? >_L? J>ABFO>? J>QBOF>FP @BO]JF@LP? SFAOL BQ@??? !LKQOLIB AB BUB@R_^L AB L?O>P B PBOSF_LP? "L@RJBKQ>_^L A> L?O>? AF[OFLP B AL@RJBKQLP AB IBD>IFW>_^L? .OLGBQL AB ![I@RIL #PQORQRO>? &FAOLILDF>? MOLGBQL AB [DR>P MIRSF>FP? *BDFPI>_^L BPMB@bCF@> M>O> L?O>P AB BKDBKE>OF> @FSFI? KLOJ>P A> ? ,2?? .>QLILDF> A>P L?O>P AB BKDBKE>OF> @FSFI? #KDBKE>OF> AB >S>IF>_eBP? *BDFPI>_^L B KLOJ>P? +BQLALILDF>? ,bSBFP AB OFDLO? *>RALP AB >S>IF>_^L? *F@FQ>_eBP B?@LKQO>QLP?A>??AJFKFPQO>_^L?.f?IF@>??*BF?Kn??????????B?*BF?Kn?????????????,L_eBP?AB?@LJMRQ>_^L?%O[CF@>???RQL!?"? (=?AKD9ZYG? (=A?+J?XFA;9?<G?)MFA;]HAG?<=?2VJR=9?#J9F<= !KL9LMLG?<G?/=JNA<GJ?<G?)MFA;]HAG?<=?2VJR=9?#J9F<= .=?AE=FLG?%FL=JFG?<9??XE9J9?)MFA;AH9D?<=?2VJR=9?#J9F<= (=A ?GEHD=E=FL9J Fg ?????????? = KM9K 9DL=J9Z`=K ? "FPMeB PL?OB > OBBPQORQRO>_^L AL .I>KL AB !>ODLP? !>OOBFO>P B 1>I[OFLP ? .!!1 ALP 1BOSFALOBP .f?IF@LP?+RKF@FM>FP?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB???+2?B?A[?LRQO>P?MOLSFAaK@F>P? ?+*0!x +/?,.+#.?)t0%?+/? ??,.+2??+?&!0%2????*u2!(?)T %+ ?9J?G? 0[;FA;G?(=?AKD9LANG??0[;FA;G??<EAFAKLJ9LANG???JIMANAKL9??"GL^?J9>G?=?0[;FA;G?=E?%F>GJEVLA;9? ?GF@=;AE=FLGK??VKA;GK (]F?M9?,GJLM?M=K9 ?? *BFQRO> B FKQBOMOBQ>_^L AB QBUQLP AB S>OF>ALP DaKBOLP AFP@ROPFSLP? ?? ?P @LKAF_eBP AB MOLAR_^L AB RJ QBUQL B >P J>O@>P @LJMLPF@FLK>FP AB DaKBOLP QBUQR>FP AFSBOPLP? ?? *FKDR>DBJ B >ABNR>_^L PL@F>I? ???? 4>OFBA>ABP IFKDRbPQF@>P B PBRP ABQBOJFK>KQBP PL@F>FP? OBDFLK>FP? EFPQcOF@LP B FKAFSFAR>FP? ???? 0BDFPQOLP CLOJ>I B FKCLOJ>I A> IFKDR>DBJ? ?? ?PMB@QLP IFKDRbPQF@LP K> @LKPQOR_^L AL QBUQL? ???? $LK`QF@>? MOLPcAF>? LOQLDO>CF>? ???? +LOCLILDF>? CLOJ>_^L? @I>PPFCF@>_^L B CIBU^L A>P M>I>SO>P? ???? 1FKQ>UB? @LK@LOA]K@F>P SBO?>I B KLJFK>I? OBDaK@F>P SBO?>I B KLJFK>I? @LIL@>_^L MOLKLJFK>I? BJMOBDL AB KL? JBP? MOLKLJBP? @LKGRK_eBP? >AS`O?FLP? JLALP B QBJMLP SBO?>FP? ???? 1BJ]KQF@>? MLIFPPBJF>? M>OLKbJF>? ELJLKbJF>? PFKLKbJF>? >KQLKbJF>? ABKLQ>_^L B @LKLQ>_^L? ?? 2BUQR>IFA>AB? @LBP^L? @LBOaK@F>? FKQBOQBUQR>IFA>AB? >ODRJBKQ>_^L? ?? .LKQR>_^L? ?? 2FMLP AB AFP@ROPL? AFOBQL B FKAFOBQL? ?? 4LWBP AL AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  23. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? SBO?L? ?? ?@BKQR>_^L? ??? $FDRO>P AB IFKDR>DBJ? ??? ,>OO>_^L? ABP@OF_^L? FKGRK_^L? AF[ILDL? >ODRJBKQ>_^L? BUMLPF_^L? ??? !O>PB? ??? !LLOABK>_^L B PR?LOAFK>_^L??????!LKB@QFSLP? *GZ`=K?<=?%F>GJEVLA;9 ?LK@BFQLP PL?OB FKCLOJ[QF@>? @LK@BFQLP? @>O>@QBObPQF@>P? JLA>IFA>ABP AB MOL@BPP>JBKQL? E>OAT>OB? JF@OL@LJMRQ>ALOBP U KLQB?LLHP U I>MQLM? @LJML? KBKQBP B CRK_eBP? AFPMLPFQFSLP AB BKQO>A> B P>bA>? JBJcOF>? RPL ALP OB@ROPLP? 1LCQT>OB? @LK@BFQLP? PLCQT>OB IFSOB? ?[PF@L B >MIF@>QFSL? 1FPQBJ>P LMBO>@F? LK>FP? @LK@BFQLP? @>O>@QBObPQF@>P? DBOaK@F> AB MOL@BPPLP? AB JBJcOF>? AB AFPMLPFQFSLP AB B?P? AB A>ALP? PFPQBJ>P AB >ONRFSLP? ?J?FBKQBP 5FKALTP ???? ????? 0 B *FKRU B AFPQOF?RF_eBP? @LK@BFQLP? @>O>@QBObPQF@>P? SBOPeBP ?? B ?? ?FQP? b@LKBP? >J?FBKQB DO[CF@L? DBOBK@F>ALO AB M>PQ>P B >ONRFSLP? QB@I>P AB >Q>IEL? RPL ALP OB@ROPLP? .>@LQB +1 -CCF@B ????????? 0 LR PRMBOFLO ?5LOA? !>I@? .LTBOMLFKQ? ?@@BPP? B *F?OB -CCF@B ??????? LR PRMBOFLO ?5OFQBO? !>I@? 'JMOBPP? >PB?? BJ MLOQRDRaP 0? @LK@BFQLP? @>O>@QBObPQF@>P? SBOPeBP ?? B ?? ?FQP? M>PQ>P B >ONRFSLP? QB@I>P AB >Q>IEL? b@LKBP? RPL ALP OB@ROPLP? 0BABP AB @LJMRQ>ALOBP? @LK@BFQLP? @>O>@QBObPQF@>P? BNRFM>JBKQLP? PFK>FP >K>IcDF@L U AFDFQ>I? PBOF>I U M>O>IBIL? JBFLP AB QO>KPJFPP^L? @>?B>JBKQL BPQORQRO>AL? @>QBDLOF>P? M>AOeBP #'??2'? ???? 6 ??? ? 2B@KLILDF>P? QLMLILDF>P? @LKB@QLOBP? @>?B>JBKQL? M>AOeBP? MOLQL@LILP B OBABP @>?B>A>P B TFOBIBPP? .>AOeBP ? ,2? +LABIL -1'?'1- t @LK@BFQLP? KbSBFP B @>J>A>P? ?ONRFQBQRO> 2!.?'.? #KABOB_LP '.S? 6 '.S?? +[P@>O> AB OBAB AB Q>J>KEL CFUL U Q>J>KEL S>? OF[SBI? 3QFIFQ[OFLP? 'KQBOKBQ U 'KQO>KBQ U #UQO>KBQ? @LK@BFQLP? @>O>QBObPQF@>P? TB? ??? U TB? ???? OLTPBOP +F@OLPLCQ #ADB? %LLDIB !EOLJB B +LWFII> $FOBCLU K>P fIQFJ>P SBOPeBP AB ?? B ?? ?FQP t @LK@BFQLP? @>O>@QBObPQF@>P? b@LKBP? >Q>IELP AB QB@I>AL B RPL ALP OB@ROPLP? $BOO>JBKQ>P AB ?RP@> B AB MBPNRFP> K> 5B?? !LK@BFQLP PL?OB QB@KLILDF>P B CBOO>JBKQ>P AB @LI>?LO>_^L? AB @LOOBFL BIBQOdKF@L B TB?J>FI? AB DORMLP AB AFP@RPP^L? AB CcORKP? AB TFHFP B OBABP PL@F>FP? !LJMRQ>_^L BJ ,RSBJ? 1BDRO>K_> A> 'KCLOJ>_^L? AB PFPQBJ>P? AB BNRFM>JBKQLP? BJ OBABP B K> FKQBOKBQ t !LK@BFQLP? @>O>@QBObPQF@>P? M>AOeBP '1-? >MIF@>QFSLP? MOLQB_^L? >JB>_>P B SRIKBO>?FIFA>ABP? !LK@BFQLP PL?OB CFOBT>II? ?>@HRM? SbORP B >KQFSbORP? !OFMQLDO>CF> B >PPFK>QRO> AFDFQ>I? !LK@BFQLP PL?OB?@LJMRQ>_^L?DO[CF@>??QB@KLILDF>P?B?CBOO>JBKQ>P?JRIQFJbAF>??AB?OBMOLAR_^L?AB?[RAFL?B?SbABL??CLOJ>QLP?AB?>ONRFSLP??AB?FJ>DBKP?B?CFDRO>P? .9;AG;]FAG?(^?A;G?=?)9L=EVLA;G ?? -MBO>_eBP @LJ @LKGRKQLP? ?? 0>@FL@bKFL IcDF@L KRJ`OF@L? MOL?IBJ>P BKSLISBKAL LMBO>_eBP @LJ KfJBOLP OB>FP B O>@FL@bKFL PBNRBK@F>I? ?? !LK@BFQL AB MOLMLPF_^L? S>ILOBP IcDF@LP A>P MOLMLPF_eBP? !LKB@QFSLP B KBD>_^L? ?? ?ODRJBKQ>_^L IcDF@> B AF>DO>J>P IcDF@LP? ?? #NRFS>IaK@F>P B FJMIF@>_eBP IcDF@>P?????/R>KQFCF@>ALOBP?RKFSBOP>I?B?BUFPQBK@F>I?????.OL?IBJ>P?AB?@LKQ>DBJ??MOFK@bMFLP?>AFQFSL?B?JRIQFMIF@>QFSL? $AKL^JA9?=?#=G?J9>A9?<=?)9LG?#JGKKG $AKL^JA9 <= )9LG #JGKKG? .BObLAL !LILKF>I ?? -P ?>KABFO>KQBP? BP@O>SFA^L FKAbDBK> B BUMILO>_^L AL LROL? ?? ? CRKA>_^L AB !RF>?[? 2BKPeBP MLIbQF@>P BKQOB LP CRKA>ALOBP B > >AJFKFPQO>_^L @LILKF>I? ?? ? CRKA>_^L AB 4FI> BI> A> 1>KQbPPFJ> 2OFKA>AB B > @OF>_^L A> !>MFQ>KF> AB +>QL %OLPPL? ?? ? BP? @O>SFA^L KBDO> BJ +>QL %OLPPL? .BObLAL 'JMBOF>I? .BObLAL 'JMBOF>I ?? ? @OFPB A> JFKBO>_^L B >P >IQBOK>QFS>P B@LKdJF@>P A> .OLSbK@F>? ?? ? 0RPD>? ?? -P NRFILJ?LP BJ +>QL %OLPPL? ?? -P .OBPFABKQBP AB .OLSbK@F> B PR>P OB>IFW>_eBP? ?? ? %RBOO> A> 2ObMIF@B ?IF>K_> @LKQO> L .>O>DR>F B > M>OQF@FM>_^L AB +>QL %OLPPL? ?? ? B@LKLJF> AB +>QL %OLPPL >McP > %RBOO> A> 2ObMIF@B ?IF>K_> @LKQO> L .>O>DR>F? ?? - CFJ AL 'JM`OFL BJ +>QL %OLPPL? .BObLAL 0BMR?IF@>KL ?? - @LOLKBIFPJL BJ +>QL %OLPPL? ?? #@LKLJF> AB +>QL %OLPPL K> .OFJBFO> 0BMf?IF@>? RPFK>P AB >_f@>O B @OF>_^L AB D>AL? ?? 0BI>_eBP AB QO>?>IEL BJ +>QL %OLPPL K> .OFJBFO> 0BMf?IF@>? ?? +>QL %OLPPL ARO>KQB > #O> 4>OD>P? MLIbQF@> B B@LKLJF>? ?? .LIbQF@> CRKAF[OF> B >P QBKPeBP PL@F>FP KL @>JML? ?? -P DLSBOK>ALOBP BPQ>AR>FP B PR>P OB>IFW>_eBP? ?? 2cMF@LP OBIBS>KQBP B >QR>FP AB MLIbQF@>? B@LKLJF>? PL@FBA>AB? BAR@>_^L? QB@KLILDF>? BKBODF>? OBI>_eBP FKQBOK>@FLK>FP? ABPBKSLISFJBKQL PRPQBKQ[SBI? PBDRO>K_>? B@LILDF> B PR>P SFK@RI>_eBP EFPQcOF@>P? ?? &FPQcOF> AB 4[OWB> %O>KAB? ?? $LO? J>_^L??AJFKFPQO>QFS>?AB?4[OWB>?%O>KAB? #=G?J9>A9 <= )9LG #JGKKG? ?? +>QL %OLPPL B > OBDF^L !BKQOL?-BPQB? ?? %BLMLIbQF@> AB +>QL %OLPPL? ?? -@RM>_^L AL QBOOFQcOFL? ?? ?PMB@QLP CbPF@LP B ALJbKFLP K>QRO>FP AL BPM>_L J>QL?DOLPPBKPB? ?? ?PMB@QLP MLIbQF@L?>AJFKFPQO>QFSLP? ?? ?PMB@QLP PL@FLB@LKdJF@LP AB +>QL %OLPPL? ?? $LOJ>_^L `QKF@>? ?? .OLDO>J>P DLSBOK>JBKQ>FP B COLKQBFO> >DOb@LI> J>QL?DOLPPBKPB? ?? ? B@LKLJF> AL #PQ>AL KL @LKQBUQL K>@FLK>I? ??? ? RO?>KFW>_^L AL #PQ>AL? ??? .LMRI>_^L??????2BOOFQcOFL?B??J?FBKQB??????#@LKLJF>? *GZ`=K?<=?TLA;9?=?"ADGKG>A9 ?? $RKA>JBKQLP A> $FILPLCF>? ?? $FILPLCF> JLO>I? ZQF@> LR CFILPLCF> JLO>I? ?? !LKP@FaK@F> @ObQF@> B CFILPLCF>? ?? ? OBI>_^L BKQOB LP S>ILOBP `QF@LP LR JLO>FP B?>?@RIQRO>? ???(RbWLP?AB?C>QL?LR?AB?OB>IFA>AB?B?GRbWLP?AB?S>ILO? ?? ZQF@>?B?@FA>A>KF>? ?? 0>@FLK>IFPJL?`QF@L? ?? ZQF@>?B?IF?BOA>AB? ?GF@=;AE=FLGK?!KH=;]>A;GK l?0[;FA;G?(=?AKD9LANG 0T?*%?+?? )%*%/0.?0%2+? 1BOSF_L .f?IF@L KL O>PFI? ABCFKF_^L? K>QROBW>? BPM`@FBP? @>O>@QBObPQF@>P? ?? "FOBFQL ?AJFKFPQO>QFSL? ?QLP ?AJFKFPQO>QFSLP? @LK@BFQL B OBNRFPFQLP? >QOF?RQLP? @I>PPFCF@>_^L? BPM`@FBP? JLQFS>_^L? S>IFA>AB B FKS>IFA>AB? OBSLD>_^L? @LKQOLIB GROFPAF@FLK>I? ?? *BF K? ?????? AB ?? AB GRKEL AB ????? B PR>P >IQBO>_eBP? !>MbQRIL ' ?>OQFDLP ?n > ?n???? !>MbQRIL '' ?>OQFDLP ?? > ???? !>MbQRIL '''? 1B@_^L ' ?>OQFDLP ?? > ???? ?? *#' ,n ??????? "# ?n "# ? 0'* "# ????? 2{23*- '? !>MbQRILP ' B '' ?>OQFDLP ?n > ?m?? 2{23*- ''? !?.{23*- ' ?>OQFDLP ?? > ???? !?.{23*- ''? 1B_^L '' ?>OQFDLP ?? > ???? !?.{23*- 4''' ?>OQFDLP ?? > ???? 2{23*- '''? !>MbQRILP ' ?>OQFDLP ?? > ??? B 4 ?>OQFDLP ??? > ????? ?? !LKPQFQRF_^L $BABO>I AB ????? 2bQRIL ' ?>OQFDLP ?n > ?n?? 2bQRIL ''? !>MbQRIL ' ?>OQFDL ?n?? !>MbQRIL 4''? 1B_eBP ' B '' ?>OQFDLP ?? >L ???? ?? *B?AKD9ZYG? (=A +J?XFA;9 <G )MFA;]HAG <= 2VJR=9 #J9F<=? !KL9LMLG <G /=JNA<GJ <G )MFA;]HAG <= 2VJR=9 #J9F<=? .=?AE=FLG %FL=JFG <9 ?XE9J9 )MFA;AH9D <= 2VJR=9 #J9F<=? (=A ?GEHD=E=FL9J Fg ?????????? = KM9K 9DL=J9Z`=K ? "FPMeB PL?OB > OBBPQORQRO>_^L AL .I>KL AB !>ODLP? !>OOBFO>P B 1>I[OFLP ? .!!1 ALP 1BOSFALOBP .f?IF@LP +RKF@FM>FP A> !]J>O> +RKF@FM>I AB 4[OWB> %O>KAB ? +2 B A[?LRQO>P?MOLSFAaK@F>P? ?.-1%2%/0?? ?? !LK@BFQLP? >ONRFSLP ?LOFDBJ? EFPQcOF> A> >ONRFSLILDF>? QBLOF> B >?LOA>DBJ >ONRFSbPQF@>? @I>PPFCF@>_^L ALP >ONRFSLP B ALP AL@RJBKQLP? >ONRFSLP B LRQOLP cOD^LP AB AL@RJBKQ>_^L B MOFK@bMFLP >ONRFSbPQF@LP?? .OBPBOS>_^L? @LKPBOS>_^L B OBPQ>RO>_^L ?@LK@BFQLP? @>O>@QBObPQF@>P B MOL@BAFJBKQLP?? ?? %BPQ^L AB AL@RJBKQLP? @LK@BFQLP? L?GBQFSLP? C>PBP A> DBPQ^L B @F@IL AB SFA> ALP AL@RJBKQLP? .OLQL@LIL B PFPQBJ>P AB OBDFPQOL? ?S>IF>_^L? PBIB_^L B ABPQFK>_^L AB AL@RJBKQLP? @LK@BFQLP? L?GBQFSLP? FKPQORJBKQLP B MOL@BAFJBKQLP AB ABPQFK>_^L ?BIFJFK>_^L? QO>KPCBOaK@F> B OB@LIEFJBKQL?? QFMLP B J`QLALP AB >ONRF? S>JBKQL? ?? ?ONRFSLP MBOJ>KBKQBP? @LK@BFQLP? ?OO>KGL B ABP@OF_^L? .OFK@bMFLP B JLABILP AB >OO>KGL? ,LOJ>P K>@FLK>FP B FKQBOK>@FLK>FP? 'KPQORJBKQLP AB MBPNRFP>? ?? 2B@KLILDF>P > PBOSF_L ALP >ONRFSLP? +F@OLCFIJ>DBJ? %BOBK@F>JBKQL #IBQOdKF@L AB "L@RJBKQLP t %#"? ?? *BDFPI>_^L? *BF Kn ?????? AB ??? AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  24. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? ??????? ? "FPMeB PL?OB > MLIbQF@> K>@FLK>I AB >ONRFSLP Mf?IF@LP B MOFS>ALP B A[ LRQO>P MOLSFAaK@F>P ?B AB@OBQLP OBDRI>JBKQ>OBP? "B@OBQL ?????????? B "B@OBQL ???????????? *BF Kn ??????? AB ?????????? ? "FPMeB PL?OB > BI>?LO>_^L B >ONRFS>JBKQL AB AL@RJBKQLP BJ JBFL BIBQOLJ>DK`QF@L? *BF Kn ??????? AB ?????????? ? 0BDRI> L >@BPPL > FKCLOJ>_eBP MOBSFPQL KL FK@FPL 666''' AL >OQ? ?L? KL FK@FPL '' AL i ?L AL >OQ? ?? B KL i ?L AL >OQ? ??? A> !LKPQFQRF_^L $BABO>I? >IQBO> > *BF KL ?????? AB ?? AB ABWBJ?OL AB ????? OBSLD> > *BF KL ??????? AB ? AB J>FL AB ????? B AFPMLPFQFSLP A> *BF KL ?????? AB ? AB G>KBFOL AB???????B?A[?LRQO>P?MOLSFAaK@F>P (=?AKD9ZYG? (=A?+J?XFA;9?<G?)MFA;]HAG?<=?2VJR=9?#J9F<= !KL9LMLG?<G?/=JNA<GJ?<G?)MFA;]HAG?<=?2VJR=9?#J9F<= .=?AE=FLG?%FL=JFG?<9??XE9J9?)MFA;AH9D?<=?2VJR=9?#J9F<= (=A ?GEHD=E=FL9J Fg ?????????? = KM9K 9DL=J9Z`=K ? "FPMeB PL?OB > OBBPQORQRO>_^L AL .I>KL AB !>ODLP? !>OOBFO>P B 1>I[OFLP ? .!!1 ALP 1BOSFALOBP .f?IF@LP?+RKF@FM>FP?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB???+2?B?A[?LRQO>P?MOLSFAaK@F>P? "+0v#.?"+? !LJMLPF_^L A> FJ>DBJ CLQLDO[CF@>? IFKDR>DBKP CLQLDO[CF@>P? Q`@KF@>P AB FIRJFK>_^L? @[I@RILP CLQLJ`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g ?????????? = KM9K 9DL=J9Z`=K ? "FPMeB PL?OB > OBBPQORQRO>_^L AL .I>KL AB !>ODLP? !>OOBFO>P B 1>I[OFLP ? .!!1 ALP 1BOSFALOBP .f?IF@LP?+RKF@FM>FP?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB???+2?B?A[?LRQO>P?MOLSFAaK@F>P? 0T?*%?+?%*"+.)t0%??? ?? ?IDLOFQJLP B #PQORQRO>P AB ">ALP? !LKEB@BO? BI>?LO>O? FKQBOMOBQ>O B QBPQ>O >IDLOFQJLP RQFIFW>KAL L PLCQT>OB 4FPR?ID ??? LR PRMBOFLO B BJ MPBRAL@cAFDL ?.LOQRDLI?? $IRULDO>J> B AF>DO>J> AB !E>MFK? BJMOBD>KAL >P BPQORQRO>P AB @LKQOLIB ?[PF@>P ?PBNRaK@F>? PBIB_^L B OBMBQF_^L?? MOL@BAFJBKQLP B CRK? _eBP? #PQORQRO>P AB A>ALP? QFMLP AB A>ALP? SBQLOBP? J>QOFWBP? OBDFPQOLP? IFPQ>P? MFIE>P? CFI>P B [OSLOBP? ?? 1FPQBJ>P %BOBK@F>ALOBP AB >K@L AB ">ALP ?1% "? B >K@L AB ">ALP? >K@LP AB A>ALP? CRKA>JBKQLP? @>O>@QBObPQF@>P @LJMLKBKQBP B CRK@FLK>IFA>ABP? +LABILP AB >K@LP AB ">ALP? .OLGBQL AB >K@L AB ">ALP? JLABILP @LK@BFQR>I? IcDF@L B CbPF@L? +LABIL OBI>@FLK>I B "F>DO>J> #KQFA>AB?0BI>@FLK>JBKQL ?"#0?? *FKDR>DBJ AB !LKPRIQ> #PQORQR? O>A> ?1/*?? @LJ>KALP A>P *FKDR>DBKP AB +>KFMRI>_^L AB ">ALP ?"+*?? "BCFKF_^L AB ">ALP ?""*?? !LKQOLIB AB ">ALP ?"!*?? 2O>KP>_^L AB ">ALP ?"2*? B !LKPRIQ> AB ">ALP ?"/*?? 2O>KPCLOJ>_^L BKQOB JLABILP? ABOFS>_^L AL "#0 M>O> BPNRBJ> OBI>@FLK>I B BKDBKE>OF> OBSBOP> AB JLABILP OBI>@F? LK>FP? #KDBKE>OF> OBSBOP> AB >ONRFSLP B KLOJ>IFW>_^L AB A>ALP? %BOBK@F>JBKQL AB QO>KP>_eBP? CRKA>JBKQLP B >PMB@QLP AB OB@RMBO>_^L B FKQBDOFA>AB? @LKQOLIB AB @LK@LOOaK@F> B FKABU>_^L? ?? 0BAB AB @LJMRQ>ALOBP? !LK@BFQLP ?[PF@LP AB OBAB AB @LJMRQ>ALOBP? QFMLP AB OBABP? QLMLILDF>P IcDF@> B CbPF@>? >QFSLP AB OBAB B ABJ>FP @LJMLKBKQBP? QO>KPJFPP^L AB A>ALP B >ONRFQBQRO>P? 'KPQ>I>_^L? @LKCFDRO>_^L? >AJFKFPQO>_^L? FABKQFCF@>_^L AB MOL?IBJ>P? >ONRF? QBQRO>P? PLIR_^L AB MOL?IBJ>P B J>KRQBK_^L AB OBABP AB @LJMRQ>ALOBP? .OLQL@LILP? 2!.?'. ?@>J>A>P? CRKA>JBKQLP? >ONRFQBQRO>? @I>PPBP AB BKABOB_>? JBKQL '.? J[P@>O> AB OBAB B PBDJBKQ>_^L AB OBAB?? !LKEB@BO? P>?BO RQFIFW>O? OB@LKEB@BO L RPL? S>KQ>DBKP? ABPS>KQ>DBKP B OBPQOF_eBP ALP MOLQL@LILP 2!.?'. ?&22.? 1+2.? $2.? 11&? 2BIKBQ? 1,+.? .-.?? '+?.? ",1? .FKD? "&!.? 2!.? 3".? '. ?'.S? B '.S??? ?0.? 0?0.? '!+.? #QEBOKBQ? ?????? 5F$F? '### ?????/? ??????D? ??????K B $O>JB OBI>V?? !>?B>JBKQL? CRKA>JBKQLP? QFMLP AB @>?LP AB OBAB ?M>O QO>K_>AL B CF?O> cQF@>?? @>O>@QBObPQF@>P? BJMOBDL? FKPQ>I>_^L? @LKPQOR_^L AB @>?LP AB OBAB? QLMLILDF>P IcDF@> B CbPF@> AB OBABP B @>?B>JBKQL BPQORQRO>AL? 0BABP *?,? +?,? 5?,? OBABP PBJ CFL? ALJ`PQF@>P B FKQBO OBABP? ABCFKF_eBP? @>O>@QBObPQF@>P? BNRFM>JBKQLP? @LJMLKBKQBP? M>AOeBP #QEBOKBQ? $>PQ #QEBOKBQ B %FD>?FQ #QEBOKBQ? OBAB #QEBOKBQ ?'### ????? > '### ?????>B? B *?, PBJ CFL ?'### ??????> > ??????K?? #NRFM>JBKQL AB @LJRKF@>_^L AB A>ALP B OBABP ?CRKA>JBKQLP? @>O>@QBObPQF@>P? BJMOBDL? @LKCFDRO>_^L? FKPQ>I>_^L B MOLQL@LILP?? JLABJ? OBMBQFALO? ER?? MLKQB? PTFQ@E B OLQB>ALOBP? 1>?BO RP>O B OB@LKEB@BO L RPL AL PLCQT>OB !FP@L .>@HBQ 2O>@BO ??? B SBOPeBP PRMBOFLOBP? ?? 1FPQBJ>P LMBO>@FLK>FP B 1BDRO>K_> A> 'KCLOJ>_^L? !LK@BFQLP AB PBDRO>K_> A> FKCLOJ>_^L? AFPMLKF?FIFA>AB? FKQBDOFA>AB? @LKCFABK@F>IFA>AB? >RQBKQF@FA>AB? OBPMLKP>?FIFA>AB? K^L OBMfAFL? @LKCF>?FIFA>AB? FK@FABKQB AB PBDRO>K_>? PFPQBJ> AB DBPQ^L AB PBDRO>K_> A> FKCLOJ>_^L? MI>KL AB @LKQFKDaK@F>? 2B@KLILDF> A> 'KCLOJ>_^L? Q`@KF@>P AB PBDRO>K_> ? @cAFDL AB MO[QF@>P M>O> > DBPQ^L A> PBDRO>K_> A> FKCLOJ>_^L? %BPQ^L AB OFP@LP? OFP@L? >K[IFPB AB OFP@LP? >S>IF>_^L AB OFP@LP? QO>Q>JBKQL AB OFP@L? OFP@L OBPFAR>I? >@BFQ>_^L AL OFP@L? 1BDRO>K_> AB !LJMRQ>ALOBP? 1B? KE>P? !LLHFBP? #KDBKE>OF> 1L@F>I? 4RIKBO>?FIFA>AB? !cAFDLP +>IF@FLPLP ?+>IT>OBP? B ?Q>NRBP? 4bORP? !>S>ILP AB 2Oc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g ?????????? = KM9K 9DL=J9Z`=K ? "FPMeB PL?OB > OBBPQORQRO>_^L AL .I>KL AB !>ODLP? !>OOBFO>P B 1>I[OFLP ? .!!1 ALP 1BOSFALOBP .f?IF@LP?+RKF@FM>FP?A>?!]J>O>?+RKF@FM>I?AB?4[OWB>?%O>KAB???+2?B?A[?LRQO>P?MOLSFAaK@F>P? ?*!4+?2% AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

  25. ???AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????????AB?1BQBJ?OL?AB??????j?(LOK>I?-CF@F>I?#IBQOdKF@L?ALP?+RKF@bMFLP?AL?#PQ>AL?AB?+>QL?%OLPPL?j??,-?64''?X?,h?????? !?(?.?Sj+ ,?.? %/!*Sj+ ! ,?#?)!*0+ ? 0?4? ! %*/?.%Sj+ ,+. )+0%2+ ! !/!),.!#+ +1 ??.s*?%? !?+*w)%?? .!? -1!.%)!*0+? !?%/!*Sj+? !?0?4?? !?%*/?.%Sj+?!)??!.0?)!?,x?(%?+ -?>? @>KAFA>QL?>? >?>FUL FABKQFCF@>AL?>?? QBKAL BJ SFPQ> L AFPMLPQL K> *BF +RKF@FM>I ?????? AB ?? AB J>O_L AB ????? OBNRBO NRB IEB PBG> @LK@BAFA> > FPBK_^L AL M>D>JBKQL A> Q>U> AB FKP@OF_^L KL .OL@BPPL 1BIBQFSL 1FJMIFCF@>AL? AB MOLS>P B QbQRILP? M>O> MOLSFJBKQL AB @>ODLP K> !]J>O> +RKF@FM>I AB 4[OWB>?%O>KAB?+2??>?BOQL?MBIL?#"'2?*?,n??????????!-+'11r-?#1.#!'?*?"#?!-,!301-?.~ *'!-? ?? ? +/?,!//+?%/? +??????* % ?0+??? ,LJB? $FIF>_^L? .>F? #PQ>AL?!FSFI? 0%?,n? #KABOB_L?0BPFABK@F>I? !FA>AB? 2BIBCLKB?0BPFABK@F>I? #?J>FI? /R>KQFA>AB?AB?MBPPL>P?NRB?OBPFABJ?@LJ?L?>??@>KAFA>QL?>?? +^B? ">Q>?AB?,>P@FJBKQL? 3$? !.$? 3$? !#.? 2BIBCLKB?!BIRI>O? ?? ? +/?/+?%+!?+*w)%?+/? ??"?)u(%?? *+)! "+*0!?,?#? +.? ,?.!*0!/?+ /?(t.%+?)!*/?( +:K? 'KAF@>O?L?MOcMOFL?@>KAFA>QL?B?L?@dKGRDB??M>F??J^B??>Sd??>Sc??QFLP??FOJ^LP??CFIELP??KBQLP?BQ@? +?9? ;9F<A<9LG?9? <=;D9J9? PL? >P MBK>P A> IBF ?OBPMLKP>?FIFA>AB @FSFI B @OFJFK>I? B A> MBOA> ALP AFOBFQLP AB@LOOBKQBP A> PR> FKP@OF_^L? PBOBJ SBOA>? ABFO>P >P FKCLOJ>_eBP? LP A>ALP B LP AL@RJBKQLP >MOBPBKQ>ALP MOLKQFCF@>KAL?PB > CLOKB@BO LRQOLP AL@RJBKQLP @LJMOL?>QcOFLP? PBJMOB NRB PLIF@FQ>ALP MBI>?!LJFPP^L?AL?!LK@ROPL?.f?IF@L? #J?<<<<<?AB?<<<<<<<<<<<<<<<?AB????? <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< ?PPFK>QRO>?AL?>??!>KAFA>QL?>? 2]KF>??QBKQB?@LIL@>O?>P?>QOF?RF_eBP?AL?@>ODL?>NRF?K>?JBPJ>?LOABJ?@LJL?>M>OB@BJ?LP?@>ODLP?KL?>KBUL?''??-)? ,+.0?.%??*?g????????? ?m?1B@OBQ[OFL ? +BP> "FOBQLO> A> !]J>O> +RKF@FM>I AB 4[OWB> %O>KAB? #PQ>AL AB +>QL %OLPPL??KL?RPL?AB?PR>P?>QOF?RF_eBP?IBD>FP? ?+),?*$%?? !? !/!*2+(2%)!*0+? !?.+* +*v,+(%/ 0!.)+? !? %/,!*/?? !?(%?%0?Sj+?*g???????????+ !. 0?#?1?-?*?4?#? 0!.)+? !? %/,!*/?? !?(%?%0?Sj+?*g????????? ?OQ? ?n ,LJB>O > /J9? %()? #+*S?(%*? ! ??),+/? MLOQ>ALO> AL 0% Kn ?????????? !.$ Kn ??????????????? +>QOb@RI> ????????? @LJL "%/??( ! ?+*0.?0+? B > 1O>? )!5.! $!((!* ,+*0!/ ? /%(2?? MLOQ>ALO AL 0% Kn ????????? !.$ Kn ??????????????? +>QOb@RI> ?????? @L? JL /1,(!*0! ! "%/??( ! ?+*0.?0+? M>O> CFP@>IFW>O L ?+*0.?? 0+ *?g ????????? CFOJ>AL @LJ > BJMOBP> %?1-*',' !-+#0!'- # 1#0? 4'!-1 #'0#*'? FKP@OFQ> KL !,.( PL? L Kn ??????????????????? @RG> SFDaK? @F>?PBO[?AB?????ALWB??JBPBP?B?QBO[?FKb@FL?K>?A>Q>?AL?AF>???????????? "A;9 <AKH=FK9<9 <= DA;AL9ZYG 9 <=KH=K9 9:9APG =KH=;A>A;9<9? ;MBG G:? B=LG LJ9L9?K= <= ?GFLJ9L9ZYG <= !EHJ=K9 H9J9 HJ=KL9ZYG <= K=JNA? ZGK L[;FA;GK =KH=;A9DAR9<GK H9J9 J=9DAR9ZYG <= J=NAKYG G:JA?9L^JA9 <9 EVIMAF9 FGN9 G>A;A9D H=JL=F;=FL= 9 >JGL9 <9 ?GEH9F@A9 <= =? K=FNGDNAE=FLG <= .GF<GF^HGDAK ? ?G<=J? <MJ9FL= G H=J]G<G <= ?9? J9FLA9 <G >9:JA;9FL=? 9LJ9N[K <= ;GF;=KKAGFVJA9K 9MLGJAR9<9K? <= EV? IMAF9 )+0+*%2!(? +.? '+)?0/1 /T.%!? ?????? l ?$?//%? ')0# ???0*??????? ? ".+0?? ???? ?*+ ????????? ,?.? .!2%/j+ ,!.%v %?? !? ??? $./? H9J9 9L=F<=J 9 F=;=KKA<9<= <9 >JGL9 <9 ?GEH9F@A9 <= =K=FNGDNAE=FLG <= .GF<GF^HGDAK l ?+ !.? ;GF>GJ? E= L=JEG <= J=>=J\F;A9? ;GE >MD;JG FG ?OQ? ??? 'K@FPL 64'' A> *BF $BAB? O>I Kn ???????? B @LKPLK]K@F> @LJ L M>OB@BO GRObAF@L? >@LPQ>AL >LP >RQLP? BUFDaK@F>?AL??OQ??????FK@FPL?4'?A>?JBPJ>?*BF? +:B=LG <G ?GFLJ9LG Fg ????????? ;MBG G:B=LG ;GFKAKL= F9 ;GFLJ9L9ZYG <= H=KKG9 BMJ]<A;9 H9J9 .!#%/0.+ ! ,.!S+ ,?.? "101.? ! !2!*01?( ?+*0.?0?Sj+ ! !),.!/? !/,!?%?(%6? ? ,?.? "+.*!?!. t#1? )%*!.?( ! #t/ ! ?+6%*$? ?#(,?? H9J9 9L=F<=J 9K?F=;=KKA<9<=K?<9??XE9J9?)MFA;AH9D?<=?2VJR=9?#J9F<=?)0? )+ ?(% ? ! ! (%?%0?Sj+? ?"#1r- !?0-,? q ?2? "# 0#%'1? 20- "# .0#Y-1 Kn ????????? LOFDFK[OF> AL .OBD^L #IBQOdKF@L Kn ???? ???? AL AL +','12Z0'- .~ *'!- "- #12?"- "# +?2- %0-11- MLO FKQBOJ`AFL?A>?.0-!30?"-0'??%#0?*?"#?(312'Y????3?1%? *GE= <G ?J=<GJ? 4?+-1 !-+#0!'- "# +?/3',?1 *',&? ?+?0#? *??*2"? ?*,&?*g? ?????????????????? 0#%'120??1#?!3+.0??1# 29DGJ 0GL9D? .? ???????? ?;AF;G EAD? ;=FLG = K=KK=FL9 = <GAK J=9AK = K=KK=FL9?=?K=AK?;=FL9NGK? %>?FKBQB?A>?.OBPFAaK@F>?????AB?PBQBJ?OL?AB?????? 4BOB>ALO? "??%+?&+/!?0?. %* 0LKALKcMLIFP???+2?????AB?PBQBJ?OL?AB?????? .OBPFABKQB ?ODBJFOL?(LP`?$BOOBFO>?AB?1LRW>?(>ABOPLK?0LAOFDRBP?+>@E>AL 4BOB>ALO? ?.1*+?(%*/?.%+/ ,J=KA<=FL=? AJ=LGJ??<E?"AF9F;=AJ?%FL=JAFG AF>OFLJRKF@FM>I?LOD?JQ?>JJ?j?TTT?>JJ?LOD??O ?? ?PPFK>AL?"FDFQ>IJBKQB

More Related