ÎJLMCF
ÎJLMCF
ÎJLMCF LF DMK!H"...# ÎJLMCF LF DMK!H"...# ÎJLCF LF
ÎJLCF LF $HO%H"$HO%H" ...&.& CHQÎ\VB@ M CHQÎ\VB@ M.. 'O'O(F(F$' $' LFLF% % L'L'CCNFNFJ$J$'.'...)) *.* *.*.. 'O'O(F(F$' $' LF% LF% L'L'CNCNFJ$FJ$'..'... ++ *.#. *.#. NH$FNH$F!MH%!MH%F"...F"... ++ *.# *.#.*..*. "'D"'D$,H$,H!F !F -C$-C$.... ++ *.# *.#.#..#. NLNL%%'" '" -OF-OFF..F... *.#
*.#.&..&. -OF-OFF F F-F-1%'1%'!F!!F!... 88
*. *.#.#.).). -O-OFF FF F-F-1%1%'!'!F! F! !F!FKK%H%H$F$FL.L... *?*? CHQÎ\VB@ MM CHQÎ\VB@ MM.. C'C'JDJDMKMK!!HCHCMMJ J LF LF %'%'" " NNLL%'%'" " -O-OFFFF...**** #.*. #.*. $M1'$M1'" " LF LF C'JDC'JDMK!MK!HCMJHCMJ... *#*# #.#
#.#.. NNL%L%' ' -O-OFF7 FF7 C'C''!L'!LMJHMJHL'L'!..!... *&*&
#.&.
#.&. NLNL%' %' -OFF-OFF7 7 FJL31FJL31'MJ$'MJ$... #)#) CHQÎ\VB@ MMM
CHQÎ\VB@ MMM.. "'%"'%CMCMJ H J H 1!'1!'O%FO%FNH" NH" C'NC'NJFJF".."...#<#<
&.*
&.*.. "'"'D$,D$,H!F H!F -C$-C$ J' J' !FC!FC'J'J'CF 'CF NLNL%%'" '" -OF-OFF..F...#6#6
&.
&.#.#. NNLL%'%'" -O" -OFF JFF J' F"' F"$H$HO%O%FCFCFJ CFJ C'N'NJJMCMCHCHCMMJ FJJ FJ$!$!F F%F F%%'%'".."...&)&) CHQÎ\VB@ MT
ÎJLMCF LF DMKV_HS7
ÎJLMCF LF DMKV_HS7
DMK!H *. Lfschrkh Nhtfr4hb -C$...< DMK!H *. Lfschrkh Nhtfr4hb -C$...< DMK!H #. Mc`j` "`;t5hrf -C$...6 DMK!H #. Mc`j` "`;t5hrf -C$...6 DMK!H &. L4sp`s4t4=` -OFF F-1%'!F!...8 DMK!H &. L4sp`s4t4=` -OFF F-1%'!F!...8 DMK!H DMK!H ). ). -Off Fpb`rfr !fkubhtf9...-Off Fpb`rfr !fkubhtf9...*?...*? DMK!H DMK!H +. +. -C$7 1hjthbbh 1r4jc4phb...-C$7 1hjthbbh 1r4jc4phb...*)...*) DMK!H <. -C$7 1ufrt` C'N...*+ DMK!H <. -C$7 1ufrt` C'N...*+ DMK!H DMK!H 6. 6. -C$7 1hr2nftr`s 9f -C$7 1hr2nftr`s 9f O>squf9h...O>squf9h...*<...*< DMK!H . -C$7 Ouschj9` N:9ub`s...* DMK!H . -C$7 Ouschj9` N:9ub`s...* DMK!H DMK!H 8. -C$8. -C$7 7 N:9ub` N:9ub` -Off -Off Fjc`jtFjc`jtrh9`....rh9`...*8.*8 DMK!H *?. DMK!H *?. -C$7 1hjthbbh -C$7 1hjthbbh 1r4jc4phb c`j 1r4jc4phb c`j N:9ub` -Off...N:9ub` -Off...#?...#? DMK!H DMK!H **. -C$7 **. -C$7 Jft5`rJft5`r04jk...04jk...#*...#* DMK!H *#. -C$7 H99rfss4jk...## DMK!H *#. -C$7 H99rfss4jk...## DMK!H DMK!H *&. *&. -C$7 -C$7 1hr2nftr`s...1hr2nftr`s...#&....#& DMK!H *). DMK!H *). -C$ !fc`=frA7 -C$ !fc`=frA7 1hjthbbh 1r4jc4phb...1hjthbbh 1r4jc4phb...#...# DMK!H *+. -C$ !fc`=frA7 1ufrt` C'N...#8DMK!H *+. -C$ !fc`=frA7 1ufrt` C'N...#8 DMK!H *<.
DMK!H *<. -C$ !fc`=frA7 -C$ !fc`=frA7 !fsft N:9ub` !fsft N:9ub` -Off...-Off...&?...&? DMK!H *6.
DMK!H *6. -C$ !fc`=frA7 -C$ !fc`=frA7 !ffscr4o4r !ffscr4o4r D4rn5hrf...D4rn5hrf...&#...&# DMK!H *.
DMK!H *. -C$ !fc`=frA7 -C$ !fc`=frA7 N:9ub` !fcupfrh9`N:9ub` !fcupfrh9`...&&...&&
Qèkmjh ? lf 34 Qèkmjh ? lf 34
ÎJLMCF LF \HOBHS
ÎJLMCF LF \HOBHS
$HO%H *
$HO%H *. N:9ub` . N:9ub` -O1?3L1,M$3?#) Chrhctfrst4chs -O1?3L1,M$3?#) Chrhctfrst4chs $cj4chs...$cj4chs...... $HO%H
CHQÎ\VB@ M
CHQÎ\VB@ M
Qèkmjh < lf 34 Qèkmjh < lf 34
C
CHHQQÎÎ\\VVBB@ M.@ M. @@OOGGFF\\@ @ LLFFB B LL@@CCVVNNFFJJ\\@@.. 88..88.. @@OOGGFF\\@ L@ LFFB LB L@@CCVVNNFFJJ\\@@..
Fb prfsfjtf 9`cunf
Fb prfsfjtf 9`cunfjt` sf jt` sf eh c`j;fcc4eh c`j;fcc4`jh9` phrh sfr=4r 9f ujh kuh `jh9` phrh sfr=4r 9f ujh kuh orf=f A rfsun49h horf=f A rfsun49h h bh e`rh 9f c`j;4kurhr n:9ub`s -Off hs c`n` 9f 9hr s`p`rtf h c4frt`s pr`obfnhs c`nujfs bh e`rh 9f c`j;4kurhr n:9ub`s -Off hs c`n` 9f 9hr s`p`rtf h c4frt`s pr`obfnhs c`nujfs h bh e`rh 9f trhohhr c`j b`s nfjc4`jh9`s hjtfr4`rnfjtf n:9ub`s -Off.
h bh e`rh 9f trhohhr c`j b`s nfjc4`jh9`s hjtfr4`rnfjtf n:9ub`s -Off.
88..??.. NNHH\\FF__MMHHBBFFSS..
Fj fsth kuh sf =hj h fnpbfhr c4frt`s fbfnfjt`s ftfrj`s hphrtf 9f b`s n:9ub`s -Off Fj fsth kuh sf =hj h fnpbfhr c4frt`s fbfnfjt`s ftfrj`s hphrtf 9f b`s n:9ub`s -Off b`s cuhbfs sfr2j 9f krhj hAu9h A uj c`npbfnfjt` h =fcfs jfcfshr4` f 4j94spfjshobfs phrh b`s cuhbfs sfr2j 9f krhj hAu9h A uj c`npbfnfjt` h =fcfs jfcfshr4` f 4j94spfjshobfs phrh fb oufj ;ujc4`jhn4fjt` hb fsthobfcfr bh c`nuj4chc4:j fjtrf 94ce`s n:9ub`s -Off.
fb oufj ;ujc4`jhn4fjt` hb fsthobfcfr bh c`nuj4chc4:j fjtrf 94ce`s n:9ub`s -Off.
8.?.8.
8.?.8. S@D\[H_F UC\VS@D\[H_F UC\V.. %`
%`s s n:n:9u9ub`b`s s A A tfctfcj`j`b`b`kkh h -O-Off ff fs fs 9fs9fshrhrr`br`bbhbh9h 9h p`p`r r bh bh fnfnprprfsfshh LmkmLmkm p2k4jh 5fo7 p2k4jh 5fo7 Fjbhcf
Fjbhcf bh cuhb p`jf h 94sp`s4c4:j 9fb usuhr4` uj s`;t5hrf krhtu4t` phrh bh c`j;4kurhc4:j bh cuhb p`jf h 94sp`s4c4:j 9fb usuhr4` uj s`;t5hrf krhtu4t` phrh bh c`j;4kurhc4:j 9f 94ce`s n:9ub`s bbhnh9`7
9f 94ce`s n:9ub`s bbhnh9`7 UC\VUC\V.. Fb s`;t5hrf
L4ce` s`;t5hrf sf puf9f 9fschrkhr fj bh p2k4jh 5fo 9fb ;hor4chjtf 9f nhjfrh krhtu4th7 L4ce` s`;t5hrf sf puf9f 9fschrkhr fj bh p2k4jh 5fo 9fb ;hor4chjtf 9f nhjfrh krhtu4th7 Fjbhcf
Fjbhcf h bh p2k4jh 5fo 9fb ;hor4chjtf phrh bh 9fschrkh.h bh p2k4jh 5fo 9fb ;hor4chjtf phrh bh 9fschrkh. Fj 94ce` fjbhcf j`s c`j9ucf h bh
Fj 94ce` fjbhcf j`s c`j9ucf h bh p2k4jh 5fo 9fb ;hor4chp2k4jh 5fo 9fb ;hor4chjtfjtf Lmkm Lmkm A j`s fjc`jtrhrfn`s A j`s fjc`jtrhrfn`s c`j =hr4`s hphrth9`s7 c`j =hr4`s hphrth9`s7 Dmk!" 8 Dmk!" 8. Lfschrkh Nhtfr4hb -C$.. Lfschrkh Nhtfr4hb -C$. • • HQH_\HL@ 8.- L!m#$!% HQH_\HL@ 8.- L!m#$!%7 Fj fstf sf 9fofr2 9fschrkhr f 4jsthbhr b`s c`npbfnfjt`s7 Fj fstf sf 9fofr2 9fschrkhr f 4jsthbhr b`s c`npbfnfjt`s jfcfsh
jfcfshr4`s phrh r4`s phrh quf fb quf fb s`;t5hs`;t5hrf rf -C$ ;ujc4`j-C$ ;ujc4`jf f c`rrfctc`rrfcthnfjtfhnfjtf. C`n` . C`n` sf puf9f sf puf9f =fr=fr fj bh
fj bh Dmkurh 8 Dmkurh 8 f4stfj 9`s t4p`s 9f f4stfj 9`s t4p`s 9f Lrmvfrs Lrmvfrs phrh fb s4stfnh `pfrht4=` phrh fb s4stfnh `pfrht4=` [m&'()% [m&'()% A A phrh hqufbbhs 94str4ouc4`jfs
phrh hqufbbhs 94str4ouc4`jfs Bm&*Bm&* ` ` N"+N"+..
Qèkmjh 4 lf 34 Qèkmjh 4 lf 34 HQH_\HL@ 8 HQH_\HL@ 8 HQH_\HL@ ? HQH_\HL@ ?
Fb prfsfj
Fb prfsfjtf tf 9`c9`cunfunfjt` sf jt` sf ohsohsh h fj s4stfnfj s4stfnhs `pfrhths `pfrht4=`4=`ss [mjl`ws[mjl`ws A fj c`jcrft` A fj c`jcrft` [m&'()% ,.8
[m&'()% ,.8..
•
• HQH_\HL@ ?.- HQH_\HL@ ?.- Lm"k&(%m+% Lm"k&(%m+% Vm/mm$% Vm/mm$% "&' "&' NMO%NMO%7 F4stfj 9`s t4p`s 9f7 F4stfj 9`s t4p`s 9f =frs4`jfs
=frs4`jfs 9fb 9fb s`;t5hrf s`;t5hrf -C$ -C$ fb fb prfsfjtf prfsfjtf 9`cunfjt` 9`cunfjt` sf sf ohsh ohsh fj fj fb fb n2s n2s hctuhb7hctuhb7 UC\V J$* K$& M&%"//$!
UC\V J$* K$& M&%"//$! fj su =frs4:j fj su =frs4:j [mjl`ws[mjl`ws. Hb 4kuhb quf fj fb hphrth9`. Hb 4kuhb quf fj fb hphrth9` hjtfr4`r sf 9fschrkh fb hrce4=` jfcfshr4` A sf 4jsthbh.
hjtfr4`r sf 9fschrkh fb hrce4=` jfcfshr4` A sf 4jsthbh. j
jh h =f=f Ah Ah 4j4jsthsthbhbh9` 9` t`9t`9`s `s b`b`s s fbfbfnfnfjfjt`t`s s jfjfcfcfshshr4r4`s `s fj fj fb fb fsfscrcr4t4t`r4`r4` ` 9f 9f jujufsfstrtr`` `r9fjh9`r ` fj hqufbbh uo4chc4:j 9`j9f efn`s 4j94ch9` quf sf 4jsthbf fb s`;t5hrf -C$ `r9fjh9`r ` fj hqufbbh uo4chc4:j 9`j9f efn`s 4j94ch9` quf sf 4jsthbf fb s`;t5hrf -C$ hphrfcfr2 fb s4ku4fjtf 4c`j`7 hphrfcfr2 fb s4ku4fjtf 4c`j`7 Dmk!" ? Dmk!" ?. Mc`j` "`;t5hrf -C$.. Mc`j` "`;t5hrf -C$. j jh h =f=f bbbbfkfkh9h9`s `s h h fsfstf tf pupujtjt` ` tftfjfjfn`n`s s fb fb s`s`;t;t5h5hrf rf -C-C$ $ 4j4jsthsthbhbh9` 9` fj fj jujufsfstrtr`` `r9fjh9`r A b4st` phrh sfr ush9` h bh e`rh 9f c`j;4kurhr b`s n:9ub`s -Off thb A c`n` sf `r9fjh9`r A b4st` phrh sfr ush9` h bh e`rh 9f c`j;4kurhr b`s n:9ub`s -Off thb A c`n` sf
8.?.?.
8.?.?. NÓLVB@S UOFFNÓLVB@S UOFF..
%`s n:9ub`s -Off uj phr 9f fbb`s quf sf =hj h fnpbfhr fj fb prfsfjtf 9`cunfjt` s`j %`s n:9ub`s -Off uj phr 9f fbb`s quf sf =hj h fnpbfhr fj fb prfsfjtf 9`cunfjt` s`j b`s quf prfsfjthj bh s4ku4fjtf rf;frfjc4h7
b`s quf prfsfjthj bh s4ku4fjtf rf;frfjc4h7 UOQ1,-LQ[M\-1?UOQ1,-LQ[M\-1?..
CH_HC\F_ÎS\MCHS \CJMCHS CH_HC\F_ÎS\MCHS \CJMCHS E !D
E !D Ohj97 < Ohj97 < N N pfrn4t49` fj pfrn4t49` fj Fur`phFur`ph E "f puf9f fbfk4r bh p`tfjc4h 9f trhjsn4s4:j. E "f puf9f fbfk4r bh p`tfjc4h 9f trhjsn4s4:j. E !hjk` fj ftfr4`r 9f ehsth )? 0n. E !hjk` fj ftfr4`r 9f ehsth )? 0n. E N>bt4pbf `pc4:j 9f hjtfjhs. E N>bt4pbf `pc4:j 9f hjtfjhs. E Lhth !htf7 #) 0ops. E Lhth !htf7 #) 0ops. \HOBH 8
\HOBH 8. N:9ub` . N:9ub` -O1?3L1,M$3?#) -O1?3L1,M$3?#) Chrhctfrst4chs $cj4chs.Chrhctfrst4chs $cj4chs.
F4stfj fj fb nfrch9` =hr4`s t4p`s 9f n:9ub`s -Off b`s "fr4fs * ` "fr4fs # A st`s quf F4stfj fj fb nfrch9` =hr4`s t4p`s 9f n:9ub`s -Off b`s "fr4fs * ` "fr4fs # A st`s quf sf prfsfjthj A sf ut4b4hj fj fstf 9`cunfjt` 9f bhrk` hbchjcf.
sf prfsfjthj A sf ut4b4hj fj fstf 9`cunfjt` 9f bhrk` hbchjcf.
%h c`j;4kurhc4:j A trhthn4fjt` h bh e`rh 9f su c`j;4kurhc4:j fs s4n4bhr phrh t`9hs bhs %h c`j;4kurhc4:j A trhthn4fjt` h bh e`rh 9f su c`j;4kurhc4:j fs s4n4bhr phrh t`9hs bhs ;h
;hn4n4b4b4hs hs p`p`r r b` b` ququf f fj fj chchs` s` 9f 9f tftfjfjfr r `tr`tr`s `s n`9n`9fbfb`s`s sstf tf 9`9`cucunfnfjtjt` ` s4s4kukuf f s4s4fjfj9`9` pfr;fcthnfjtf =2b49`.
pfr;fcthnfjtf =2b49`.
Qèkmjh 5 lf 34 Qèkmjh 5 lf 34
8.?.3.
8.?.3. UOFF FUQB@_F_ UOFF FUQB@_F_ .. Fb
Fb UOFF UOFF Fxp`rfrFxp`rfr fs uj 94sp`s4t4=` quf c`jfcth 9f nhjfrh sfjc4bbh jufstr` n:9ub` fs uj 94sp`s4t4=` quf c`jfcth 9f nhjfrh sfjc4bbh jufstr` n:9ub` -Off c`j fb `r9fjh9`r. F4stfj =hr4`s n`9fb`s fj fb nfrch9` hujquf t`9`s rfhb4hj bh -Off c`j fb `r9fjh9`r. F4stfj =hr4`s n`9fb`s fj fb nfrch9` hujquf t`9`s rfhb4hj bh n4snh ;ujc4:j A h pr4`r4 9fofrhj ;ujc4`jhr t`9`s 4kuhb.
n4snh ;ujc4:j A h pr4`r4 9fofrhj ;ujc4`jhr t`9`s 4kuhb.
Fb quf sf =h h ushr fj fb prfsfjtf 9`cunfjt` fs fb quf sf nufstrh fj bh s4ku4fjtf ;4kurh7 Fb quf sf =h h ushr fj fb prfsfjtf 9`cunfjt` fs fb quf sf nufstrh fj bh s4ku4fjtf ;4kurh7
Dmk!" 3
Dmk!" 3. L4sp`s4t4=` -OFF Fpb`rfr. L4sp`s4t4=` -OFF Fpb`rfr
C`n` sf eh nfjc4`jh9` 94ce` 94sp`s4t4=` -OFF F-1%'!F! c`jujt` h uj` 9f b`s C`n` sf eh nfjc4`jh9` 94ce` 94sp`s4t4=` -OFF F-1%'!F! c`jujt` h uj` 9f b`s n:
n:9ub9ub`s `s -O-Off ff ququf f 9494sp`sp`jfjfn`sn`s tftfj9j9rfrfn`n`s s fb fb s4s4ststfnfnh h jfjfcfcfshshr4r4` ` ththjtjt` ` c`c`n` n` phphrhrh c`j;4kurhr ch9h n:9ub` -Off hs c`n` p`9fr trhohhr c`j 94ce`s n:9ub`s 9fs9f fb c`j;4kurhr ch9h n:9ub` -Off hs c`n` p`9fr trhohhr c`j 94ce`s n:9ub`s 9fs9f fb `r9fjh9`r nf94hjtf uj
8.?..
8.?.. UOFF FUQB@_F_ _FKVBH\FLUOFF FUQB@_F_ _FKVBH\FL.. Fb
Fb UOFF Fxp`rfr !fkuh"fl UOFF Fxp`rfr !fkuh"fl fs uj 94sp`s4t4=` quf c`jfcth 9f nhjfrh sfjc4bbh jufstr` fs uj 94sp`s4t4=` quf c`jfcth 9f nhjfrh sfjc4bbh jufstr` n:9u
n:9ub` b` -Of-Off f c`j c`j uj uj s4ss4stfntfnh h ftftfrjfrj` ` thb thb c`nc`n` ` uj uj n4cn4cr`c`r`c`jtrjtr`bh`bh9`r9`r. . F4F4stfstfj j =hr=hr4`s4`s n`9fb`s fj fb nfrch9` hujquf t`9`s rfhb4hj bh n4snh ;ujc4:j A h pr4`r4 9fofrhj n`9fb`s fj fb nfrch9` hujquf t`9`s rfhb4hj bh n4snh ;ujc4:j A h pr4`r4 9fofrhj ;ujc4`jhr t`9`s 4kuhb.
;ujc4`jhr t`9`s 4kuhb.
Fb quf sf =h h ushr fj fb prfsfjtf 9`cunfjt` fs fb quf sf nufstrh fj bh s4ku4fjtf ;4kurh7 Fb quf sf =h h ushr fj fb prfsfjtf 9`cunfjt` fs fb quf sf nufstrh fj bh s4ku4fjtf ;4kurh7
Dmk!"
Dmk!" . -Off Fpb`rfr !fkubhtf9.. -Off Fpb`rfr !fkubhtf9.
L4ce` 94sp`s4t4=` fs 4jtfrfshjtf A ohsthjtf >t4b Ah quf b`s n:9ub`s -Off trhohhj h L4ce` 94sp`s4t4=` fs 4jtfrfshjtf A ohsthjtf >t4b Ah quf b`s n:9ub`s -Off trhohhj h tfjs4`jfs 9f
tfjs4`jfs 9f 3.3T 3.3T A ujh tfjs4:j nhA`r p`9rh 9fstru4rb`s fs p`r fbb` quf fb 94sp`s4t4=` A ujh tfjs4:j nhA`r p`9rh 9fstru4rb`s fs p`r fbb` quf fb 94sp`s4t4=` UOff Fxp`rfr !fkuh"fl
UOff Fxp`rfr !fkuh"fl fs 9f hAu9h hb 4jc`rp`rhr uj rfkubh9`r 9f tfjs4:j quf h9fcuh b`s fs 9f hAu9h hb 4jc`rp`rhr uj rfkubh9`r 9f tfjs4:j quf h9fcuh b`s =hb`rfs 9f trhoh` h &.&G.
=hb`rfs 9f trhoh` h &.&G.
Qèkmjh 81 lf 34 Qèkmjh 81 lf 34
CHQÎ\VB@ MM
CHQÎ\VB@ MM
CH CHQÎQÎ\V\VB@ B@ MMMM.. C@C@JJDMDMKKV_V_HCHCMÓMÓJ J LF LF B@B@S S NÓNÓLLVBVB@@S S UUOFOFF.F. ?.8. ?.8. \MQ@S LF C@JDMKV_HCMÓJ\MQ@S LF C@JDMKV_HCMÓJ.. %h tfcj`b`kh -Off fs 4jtfrfshjtf A ch9h =f n2s ftfj949h p`r su ;hc4b49h9 9f us` A p`r %h tfcj`b`kh -Off fs 4jtfrfshjtf A ch9h =f n2s ftfj949h p`r su ;hc4b49h9 9f us` A p`r bhs 94st4jths `pc4`jfs 9f c`j;4kurhc4:j quf puf9f h9`pthr. Lf 94cehs c`j;4kurhc4`jfs s`j bhs 94st4jths `pc4`jfs 9f c`j;4kurhc4:j quf puf9f h9`pthr. Lf 94cehs c`j;4kurhc4`jfs s`j trfs bhs pfrn4t49hs7
trfs bhs pfrn4t49hs7
•
• Q&( " Q&(Q&( " Q&(7 L4ceh c`j;4kurhc4:j c`jtfj9r2 uj C``r94jh9`r 7 L4ceh c`j;4kurhc4:j c`jtfj9r2 uj C``r94jh9`r C``rlmjh"`rC``rlmjh"`r A A uj fbfnfjt` ;4jhb
uj fbfnfjt` ;4jhb Fjl#$`mj" Fjl#$`mj" fj `trhs phbhorhs f4st4r2j 9`s n:9ub`s -Off fj fj `trhs phbhorhs f4st4r2j 9`s n:9ub`s -Off fj c`nuj4chc4:j.
c`nuj4chc4:j.
•
• QQ&&( ( " " NN//m<m<&&((7 7 L4L4ceceh h cc`j`j;4;4kukurhrhc4c4:j :j c`c`jtjtfjfj9r9r2 2 uj uj CC````r9r94j4jh9h9`r`r C``rlmjh"`rC``rlmjh"`r A =hr4`s fbfnfjt`s ;4jhbfs A =hr4`s fbfnfjt`s ;4jhbfs Fjl#$`mj" Fjl#$`mj" fj `trhs phbhorhs f4st4r2j fj `trhs phbhorhs f4st4r2j =hr4`s fbfnfjt`s -Off fj c`nuj4chc4:j c`j s`b` uj c``r94jh9`r.
=hr4`s fbfnfjt`s -Off fj c`nuj4chc4:j c`j s`b` uj c``r94jh9`r.
•
• _$' 6N$%4;_$' 6N$%4;7 Fj 94ceh c`j;4kurhc4:j f4st4r2j uj c``r94jh9`r 7 Fj 94ceh c`j;4kurhc4:j f4st4r2j uj c``r94jh9`r C``rlmjh"`rC``rlmjh"`r c`n` c`n` fbfnfjt`s ;4jhbfs
fbfnfjt`s ;4jhbfs Fjl#$`mj" Fjl#$`mj" hs c`n` fbfnfjt`s 4jtfrnf94`s hs c`n` fbfnfjt`s 4jtfrnf94`s %"hjlhr/!`u"fr %"hjlhr/!`u"fr fj c`nuj4chc4:j.
fj c`nuj4chc4:j. 1fr
1fr` ` fs` j` fs` j` fs t`9` p`r ffnpfs t`9` p`r ffnpb` cuhjb` cuhj9` fj 9` fj ujh c`nujujh c`nuj4ch4chc4:c4:jj $uj"` $uj"` h h $uj"`$uj"` b`sb`s n:9ub`s -Off fst2j sfphrh9`s p`r ujh krhj 94sthjc4h quf j` puf9f sfr s`b=fjth9h p`r fb n:9ub`s -Off fst2j sfphrh9`s p`r ujh krhj 94sthjc4h quf j` puf9f sfr s`b=fjth9h p`r fb hbchjcf 9f 94ce`s n:9ub`s sf puf9f 4jc`rp`rhr `tr` n:9ub` -Off quf s4r=h 9f hp`A` A 9f hbchjcf 9f 94ce`s n:9ub`s sf puf9f 4jc`rp`rhr `tr` n:9ub` -Off quf s4r=h 9f hp`A` A 9f jf` 9f uj4:j fjtrf fb C``r94jh9`r A fb Fbfnfjt` D4jhb 94ceh c`j;4kurhc4:j sf 9fj`n4jh jf` 9f uj4:j fjtrf fb C``r94jh9`r A fb Fbfnfjt` D4jhb 94ceh c`j;4kurhc4:j sf 9fj`n4jh S"&'"!'5_($!
S"&'"!'5_($! A A pupuf9f9f f sfsfr r hphpb4b4chchobobf f h h cucuhbhbququ4f4fr r c`c`j;j;4k4kururhchc4:4:j j nfnfjcjc4`4`jhjh9h9h hjtfr4`rnfjtf j` s`b` hb
hjtfr4`rnfjtf j` s`b` hb $uj"` h $uj"` $uj"` h $uj"`..
1hrh c`jcbu4r fstf hphrth9` ehA quf ehcfr fspfc4hb nfjc4:j h quf j` t`9`s b`s n:9ub`s 1hrh c`jcbu4r fstf hphrth9` ehA quf ehcfr fspfc4hb nfjc4:j h quf j` t`9`s b`s n:9ub`s
--OfOff f pupuf9f9fj fj prprfsfsfjfjththr r bbhs hs 9494stst4j4jthths s cc`j`j;4;4kukurhrhc4c4`j`jfs fs ququf f sf sf ehehj j nfnfjcjc4`4`jhjh9`9` hjtfr4
hjtfr4`rnfjt`rnfjtf p`r f p`r ffnpbffnpb` b`s ` b`s n:9ub`n:9ub`s s fnpbfhfnpbfh9`s fj 9`s fj fstf 9`cunfjt` A fstf 9`cunfjt` A prfsfjprfsfjth9`s fjth9`s fj
Qèkmjh 8? lf 34 Qèkmjh 8? lf 34
fb
fb Chp&"u` '. (O)F\( LF* L(CV+F,\(Chp&"u` '. (O)F\( LF* L(CV+F,\( susuocochphpttubub`` 8.?8.?.?. .?. +-L+-LV*(V*(% % UOUOFF FF 9f9f rf;frfjc4h7
rf;frfjc4h7 -O1?3L1,M$3?#) -O1?3L1,M$3?#) s`b` puf9fj s`b` puf9fj sfr c`j;4kurh9`ssfr c`j;4kurh9`s Q&( " Q&(Q&( " Q&(..
?.
?.?.?. NÓNÓLLVBVB@ @ UUOOFFFF7 7 C@C@@_@_LMLMJHJHLL@_@_.. $fj4f
$fj4fj9` fj cufjth b`s n:9ub`s -Off fj fb j9` fj cufjth b`s n:9ub`s -Off fj fb quf sf ohsh fb quf sf ohsh fb prfsfjprfsfjtf 9`cunfjt`tf 9`cunfjt` sf sf =h h=h h rf
rfhbhb44hr hr ujujh h c`c`j;j;4k4kururhchc4:4:jj QQ&&( ( " " QQ&&(( 9`j9`j9f 9f fs fs jfjfcfcfshshr4r4` ` uj uj C`C``r`r9494jhjh9`9`rr C``rlmjh"`rC``rlmjh"`r..
%`s phs`s h sfku4r s`j b`s quf sf nufstrhj h c`jt4juhc4:j7 %`s phs`s h sfku4r s`j b`s quf sf nufstrhj h c`jt4juhc4:j7
*.
*. Q!$<"!"! N='/( UO$$Q!$<"!"! N='/( UO$$7 1hrh fbb` hc`pbhn`s fb n:9ub` -Off hb 94sp`s4t4=`7 1hrh fbb` hc`pbhn`s fb n:9ub` -Off hb 94sp`s4t4=` -OFF F-1%'!F! A b` c`jfcthn`s h uj pufrt` "O 9fb `r9fjh9`r.
?.
?. Q"&"//" <!m&+m<"/ '$/ Q!(k!""Q"&"//" <!m&+m<"/ '$/ Q!(k!""7 Ffcuthn`s fb pr`krhnh Ah 4jsthbh9` -C$ A 7 Ffcuthn`s fb pr`krhnh Ah 4jsthbh9` -C$ A
bh phjthbbh pr4jc4phb fs bh quf sf nufstrh h c`jt4juhc4:j fj bh s4ku4fjtf ;4kurh7 bh phjthbbh pr4jc4phb fs bh quf sf nufstrh h c`jt4juhc4:j fj bh s4ku4fjtf ;4kurh7
Dmk!" 9
Dmk!" 9. -C$7 1hjthbbh 1r4jc4phb.. -C$7 1hjthbbh 1r4jc4phb.
Fj 94ceh phjthbbh pubshn`s bh `pc4:j nhrch9h fj bh hjtfr4`r D4kurh cuh9r` 9f c`b`r Fj 94ceh phjthbbh pubshn`s bh `pc4:j nhrch9h fj bh hjtfr4`r D4kurh cuh9r` 9f c`b`r jhrhjh phrh quf fb s`;t5hrf -C$ ousquf jufstr` n:9ub` -Off 9f nhjfrh hut`n2t4ch. jhrhjh phrh quf fb s`;t5hrf -C$ ousquf jufstr` n:9ub` -Off 9f nhjfrh hut`n2t4ch.
Qèkmjh 8< lf 34 Qèkmjh 8< lf 34
&.
&. S$/$++m=& Q$!( C@NS$/$++m=& Q$!( C@N7 jh =f ffcuth9h bh `r9fj hb s`;t5hrf -C$ 9f ouschr7 jh =f ffcuth9h bh `r9fj hb s`;t5hrf -C$ 9f ouschr uj n:9ub` -Off 9f nhjfrh hut`n2t4ch j`s n`strhr2 fb pufrt` C'N fs uj pufrt` uj n:9ub` -Off 9f nhjfrh hut`n2t4ch j`s n`strhr2 fb pufrt` C'N fs uj pufrt` sfr4f C'N G4rtuhb 9`j9f fst2 jufstr` n:9ub` h c`j;4kurhr.
sfr4f C'N G4rtuhb 9`j9f fst2 jufstr` n:9ub` h c`j;4kurhr.
Dmk!" 2
Dmk!" 2. -C$7 1ufrt` C'N. -C$7 1ufrt` C'N
C`n` sf puf9f hprfc4hr fj bh D4kurh hjtfr4`r fj n4 chs` fb n:9ub` -Off hc`pbh9` hb C`n` sf puf9f hprfc4hr fj bh D4kurh hjtfr4`r fj n4 chs` fb n:9ub` -Off hc`pbh9` hb
).
). Q"!>$!(% '$ O:%0$'"Q"!>$!(% '$ O:%0$'"7 Fj fstf phs` 4j94chrfn`s hb s`;t5hrf -C$ c`j quf7 Fj fstf phs` 4j94chrfn`s hb s`;t5hrf -C$ c`j quf phr2nftr`s 9fof ouschr h jufstr` 94sp`s4t4=`. Fst` qu4frf 9fc4r quf 9fofn`s phr2nftr`s 9fof ouschr h jufstr` 94sp`s4t4=`. Fst` qu4frf 9fc4r quf 9fofn`s prf=4hnfjtf shofr b`s phr2nftr`s c`j b`s quf eh s49` c`j;4kurh9` fb n:9ub` -Off. prf=4hnfjtf shofr b`s phr2nftr`s c`j b`s quf eh s49` c`j;4kurh9` fb n:9ub` -Off.
Dmk!" A
Dmk!" A. -C$7 1hr2nftr`s 9f O>squf9h.. -C$7 1hr2nftr`s 9f O>squf9h.
C`n` sf puf9f hprfc4hr fj bh D4kurh hjtfr4`r b`s phr2nftr`s 9f o>squf9h p`r 9f;fct` C`n` sf puf9f hprfc4hr fj bh D4kurh hjtfr4`r b`s phr2nftr`s 9f o>squf9h p`r 9f;fct` thjt` 9f b`s n:9ub`s -Off c`n` 9fb s`;t5hrf -C$ s`j b`s quf sf nufstrhj 7
thjt` 9f b`s n:9ub`s -Off c`n` 9fb s`;t5hrf -C$ s`j b`s quf sf nufstrhj 7
• • O"'_"$O"'_"$7 8<??.7 8<??. • • L"" Om%L"" Om%7 .7 . • • Q"!m Q"!m 7 J`jf.7 J`jf. • • S(< Om%S(< Om%7 *.7 *. • • D/() C(&!(/D/() C(&!(/7 J`jf.7 J`jf. Qèkmjh 84 lf 34 Qèkmjh 84 lf 34
"4 fb n:9ub` -Off fs juf=` A jujch eh s49` ush9` 94ce`s phr2nftr`s s`j b`s quf 9fofj "4 fb n:9ub` -Off fs juf=` A jujch eh s49` ush9` 94ce`s phr2nftr`s s`j b`s quf 9fofj sfr hpb4ch9`s p`r 9f;fct` fj chs` 9f quf fb n:9ub` -Off j` sfh juf=` A p`r c`js4ku4fjtf sfr hpb4ch9`s p`r 9f;fct` fj chs` 9f quf fb n:9ub` -Off j` sfh juf=` A p`r c`js4ku4fjtf ehAh s49` c`j;4kurh9` c`j hjtfr4`r49h9 b`s phr2nftr`s 9f o>squf9h 9fofr2j c`4jc494r c`j ehAh s49` c`j;4kurh9` c`j hjtfr4`r49h9 b`s phr2nftr`s 9f o>squf9h 9fofr2j c`4jc494r c`j bh >bt4nh c`j;4kurhc4:j quf sf rfhb4: hb n:9ub` -Off.
bh >bt4nh c`j;4kurhc4:j quf sf rfhb4: hb n:9ub` -Off.
Fj chs` 9f quf 94ceh c`j;4kurhc4:j j` sf rfcufr9f sf hc`jsfh =fr fb chptub` s4ku4fjtf7 Fj chs` 9f quf 94ceh c`j;4kurhc4:j j` sf rfcufr9f sf hc`jsfh =fr fb chptub` s4ku4fjtf7 C$\V*( '''. %(*VC'-, $!(O*F+% C(+V,F%
C$\V*( '''. %(*VC'-, $!(O*F+% C(+V,F% susuohohphphrtrth9h9`` .8. .8. %(D\[!F %(D\[!F UC\V ,( !FC(,(CF
UC\V ,( !FC(,(CF +-LV*(% UOFF +-LV*(% UOFF ..
1`r `tr` bh9` s4 t`9` fst2 c`rrfct` pubshn`s fb o`t:j 9f
1`r `tr` bh9` s4 t`9` fst2 c`rrfct` pubshn`s fb o`t:j 9f Dmjms Dmjms phrh phshr hb s4ku4fjtf phrh phshr hb s4ku4fjtf phs`.
6.
6. L$$+"&'( N='/(% UO$$7L$$+"&'( N='/(% UO$$7 jh =f pubsh9` fb o`t:j 9f jh =f pubsh9` fb o`t:j 9f Dmjms Dmjms j`s hphrfcfr2 j`s hphrfcfr2 ujh =fjthjh fnfrkfjtf 9f o>squf9h 9f n:9ub`s thb c`n` bh quf sf nufstrh fj bh ujh =fjthjh fnfrkfjtf 9f o>squf9h 9f n:9ub`s thb c`n` bh quf sf nufstrh fj bh s4ku4fjtf D4kurh7
s4ku4fjtf D4kurh7
Dmk!" ,
Dmk!" ,. -C$7 Ouschj9` N:9ub`s.. -C$7 Ouschj9` N:9ub`s.
"4 t`9` eh 49` c`rrfct` thjt` b`s
"4 t`9` eh 49` c`rrfct` thjt` b`s lrmvfrslrmvfrs 9f 4jsthbhc4:j 9fb s`;t5hrf -C$ c`n` b`s 9f 4jsthbhc4:j 9fb s`;t5hrf -C$ c`n` b`s phr2
phr2nftnftr`s r`s 9f 9f c`jc`j;4k;4kurhcurhc4:j 4:j 9f 9f o>so>squfquf9h 9h 9fb 9fb n:9n:9ub` ub` -Of-Off f c`jc`jfctfcth9` h9` hb hb `r9`r9fjhfjh9`r9`r nf9
nf94hj4hjtf tf fb fb 94s94sp`sp`s4t44t4=` =` -OF-OFF F F-1F-1%'!%'!F! F! ehj ehj s49` s49` sht4sht4s;hs;hct`rct`r4hn4hnfjtfjtf f rfhbrfhb4h4h9`s9`s hphrfcfr2 fj bh =fjthjh fnfrkfjtf jufstr` n:9ub` -Off thb A c`n` sf hprfc4h fj bh hphrfcfr2 fj bh =fjthjh fnfrkfjtf jufstr` n:9ub` -Off thb A c`n` sf hprfc4h fj bh s4ku4fjtf D4kurh7
s4ku4fjtf D4kurh7
Qèkmjh 85 lf 34 Qèkmjh 85 lf 34
Dmk!"
Dmk!" . -C$7 N:9ub` -Off Fjc`jtrh9`.. -C$7 N:9ub` -Off Fjc`jtrh9`.
"fbfcc4`jhn`s fb 94sp`s4t4=` A pubshn`s fb o`t:j7
"fbfcc4`jhn`s fb 94sp`s4t4=` A pubshn`s fb o`t:j7 ll ll sff3"fl sff3"fl lfvm3fslfvm3fs phrh phshr hb phrh phshr hb s4ku4fjtf hphrth9`.
.
. Q"&"//" Q!m&+m<"/ UC\V +(& N='/( UO$$Q"&"//" Q!m&+m<"/ UC\V +(& N='/( UO$$7 jh =f rfc`j`c49` fb n:9ub`7 jh =f rfc`j`c49` fb n:9ub` -O
-Off ff ququf f sf sf ququ4f4frf rf c`c`j;j;4k4kurhurhr r fsfsththrfrfn`n`s s fj fj bh bh s4s4tuhtuhc4c4:j :j ququf f nufnufstrstrh h fj fj bhbh s4ku4fjtf D4kurh7
s4ku4fjtf D4kurh7
Dmk!" 81
Dmk!" 81. -C$7 1hjthbbh 1r4jc4phb c`j N:9ub` -Off.. -C$7 1hjthbbh 1r4jc4phb c`j N:9ub` -Off.
C`n` sf puf9f hprfc4hr fj bh D4kurh hjtfr4`r Ah fb s`;t5hrf -C$ rfc`j`cf jufstr` C`n` sf puf9f hprfc4hr fj bh D4kurh hjtfr4`r Ah fb s`;t5hrf -C$ rfc`j`cf jufstr` n:9ub` -Off A `;rfcf c4frths chrhctfrst4chs 9fb n4sn`.
n:9ub` -Off A `;rfcf c4frths chrhctfrst4chs 9fb n4sn`.
1hrh fnpfhr h c`j;4kurhrb` c`n` 9fsfhn`s fj fstf pr4nfr n:9ub` -Off c`j;4kurhrb` 1hrh fnpfhr h c`j;4kurhrb` c`n` 9fsfhn`s fj fstf pr4nfr n:9ub` -Off c`j;4kurhrb` c`n` C``r94jh9`r pubshn`s s`orf bh ;4kurh 9fb n4sn`.
c`n` C``r94jh9`r pubshn`s s`orf bh ;4kurh 9fb n4sn`.
Qèkmjh ?1 lf 34 Qèkmjh ?1 lf 34
8.
8. C(&mk!"! N='/( UO$$7 J$)(!m&kC(&mk!"! N='/( UO$$7 J$)(!m&k7 Fb pr4nfr hphrth9` quf j`s hphrfcf fs7 Fb pr4nfr hphrth9` quf j`s hphrfcf fs bh c`j;4kurhc4:j o2s4ch 9f rf9 9fb 94sp`s4t4=`.
bh c`j;4kurhc4:j o2s4ch 9f rf9 9fb 94sp`s4t4=`.
Dmk!" 88
Dmk!" 88. -C$7 Jft5`r04jk.. -C$7 Jft5`r04jk.
F4stfj 9`s phrtfs 4np`rthjtfs quf 9fofn`s tfjfr fj cufjth A quf fst2j rfprfsfjth9hs F4stfj 9`s phrtfs 4np`rthjtfs quf 9fofn`s tfjfr fj cufjth A quf fst2j rfprfsfjth9hs p`r cuh9rh9`s c`j o`r9fs 9f c`b`r JH!HJ(H A HI%7
.
. C(&mk!"! N='/( UO$$7 H''!$%%m&kC(&mk!"! N='/( UO$$7 H''!$%%m&k7 Fj fstf hphrth9` =hn`s h fspfc4;4chr7 Fj fstf hphrth9` =hn`s h fspfc4;4chr bh 94rfcc4:j 9fb n:9ub` -Off quf hctuhr2 9f fbfnfjt` ;4jhb Fj931`4jt.
bh 94rfcc4:j 9fb n:9ub` -Off quf hctuhr2 9f fbfnfjt` ;4jhb Fj931`4jt.
Dmk!" 8?
Dmk!" 8?. -C$7 H99rfss4jk.. -C$7 H99rfss4jk.
Fs 4np`rthjtf fstf hphrth9` Ah quf c`j;4kurhrfn`s bh 94rfcc4:j 9f jufstr` `tr` n:9ub` Fs 4np`rthjtf fstf hphrth9` Ah quf c`j;4kurhrfn`s bh 94rfcc4:j 9f jufstr` `tr` n:9ub` -Off c`j fb quf fsthobfcfr2 c`jthct`. 1`r fbb` 9fofn`s hj`thr su 94rfcc4:j7
-Off c`j fb quf fsthobfcfr2 c`jthct`. 1`r fbb` 9fofn`s hj`thr su 94rfcc4:j7
•
• LL7 Fj fstf hphrth9` 9fofn`s fscr4o4r bh phrtf hbth 9f bh 94rfcc4:j 9fb `tr`7 Fj fstf hphrth9` 9fofn`s fscr4o4r bh phrtf hbth 9f bh 94rfcc4:j 9fb `tr` n:9ub` -Off c`j fb quf qufrfn`s fsthobfcfr ujh c`nuj4chc4:j.
n:9ub` -Off c`j fb quf qufrfn`s fsthobfcfr ujh c`nuj4chc4:j.
•
• LBLB7 Fj fstf hphrth9` 9fofn`s fscr4o4r bh phrtf ohh 9f bh 94rfcc4:j 9fb `tr`7 Fj fstf hphrth9` 9fofn`s fscr4o4r bh phrtf ohh 9f bh 94rfcc4:j 9fb `tr` n:9ub` -Off c`j fb quf qufrfn`s fsthobfcfr ujh c`nuj4chc4:j.
n:9ub` -Off c`j fb quf qufrfn`s fsthobfcfr ujh c`nuj4chc4:j.
Qèkmjh ?? lf 34 Qèkmjh ?? lf 34
L4ceh 94rfcc4:j phrtf hbth A ohh 9fb `tr` n:9ub` -Off bh p`9fn`s `otfjfr ` o4fj L4ceh 94rfcc4:j phrtf hbth A ohh 9fb `tr` n:9ub` -Off bh p`9fn`s `otfjfr ` o4fj c`jfct2j9`b` hb `r9fjh9`r A hj`thj9` su 94rfcc4:j ` 9f ujh nhjfrh n2s 94rfcth fj b`s c`jfct2j9`b` hb `r9fjh9`r A hj`thj9` su 94rfcc4:j ` 9f ujh nhjfrh n2s 94rfcth fj b`s n:9ub`s -Off s4 bf 9hn`s bh =ufbth j`s fjc`jtrhrfn`s hbk` phrfc49` h fst`7
n:9ub`s -Off s4 bf 9hn`s bh =ufbth j`s fjc`jtrhrfn`s hbk` phrfc49` h fst`7
-O1?3L1,M$3 -O1?3L1,M$3 ?#) rf=K ?#) rf=K ,4fr`s ,4fr`s Q"!$ HB\H Q"!$ HB\H ,4fr`s ,4fr`s Q"!$ OHGH Q"!$ OHGH \HOBH ?
\HOBH ?. L4rfcc4:j N:9ub` -Off.. L4rfcc4:j N:9ub` -Off.
8.
8. C(&C(&mkmk!"!"! ! N='N='/( /( UO$UO$$7 $7 Q"!Q"!>$>$!(!(%%7 7 FFj j ffsstf tf hhpphhrtrthh99` ` ==hhnn``s s hh c`j;4kurhr fjtrf `trhs c`shs bh =fb`c49h9 9f c`nuj4chc4:j.
Fj fstf hphrth9` 9fofrfn`s c`j;4kurhr h quf
Fj fstf hphrth9` 9fofrfn`s c`j;4kurhr h quf O"' _"$O"' _"$ fsthobfcfr2 c`nuj4chc4:j fsthobfcfr2 c`nuj4chc4:j hn
hno`o`s s n:n:9ub9ub`s `s -O-Off ff bb`s `s 9`9`s s 9f9fofofj j tftfjfjfr r fb fb n4n4snsn`` Ohul Ohul !h"f!h"f A `tr`s phr2nftr`s A `tr`s phr2nftr`s 9fpfj94fj9` 9f jufstrhs jfcfs49h9fs.
9fpfj94fj9` 9f jufstrhs jfcfs49h9fs.
B
B ujh ujh =f =f quf quf sf sf ehAh ehAh c`j;4kurh9` c`j;4kurh9` jufstr` jufstr` pr4nfr pr4nfr n:9ub` n:9ub` -Off -Off c`n` c`n` C``r94jh9`rC``r94jh9`r hctuhb4hn`s bh 4j;`rnhc4:j hb 94sp`s4t4=` pubshj9` fb fb o`t:j ` 4c`j` fj ;`rnh 9f b2p4. hctuhb4hn`s bh 4j;`rnhc4:j hb 94sp`s4t4=` pubshj9` fb fb o`t:j ` 4c`j` fj ;`rnh 9f b2p4. st` ehr2 quf sf
st` ehr2 quf sf krhof bh 4j;`rnhc4krhof bh 4j;`rnhc4:j fj :j fj jufstr` n:9ub` -Ofjufstr` n:9ub` -Off A f A Ah fst b4st` phrh Ah fst b4st` phrh ushrsfushrsf c`n` C``r94jh9`r.
c`n` C``r94jh9`r.
1hrh 9fsc`jfcthrb` pubshn`s fj bh cru r`h quf hphrfcf fj bh phjthbbh 9f bh 9frfceh. 1hrh 9fsc`jfcthrb` pubshn`s fj bh cru r`h quf hphrfcf fj bh phjthbbh 9f bh 9frfceh.
?
?..3.3. NNÓÓLLVVB@ B@ UUOOFFFF7 F7 FJJLL--QQ@@MMJJ\\.. $fj4f
$fj4fj9` fj cufjth b`s n:9ub`s -Off fj fb j9` fj cufjth b`s n:9ub`s -Off fj fb quf sf ohsh fb quf sf ohsh fb prfsfjprfsfjtf 9`cunfjt`tf 9`cunfjt` sf sf =h h=h h rfh
rfhb4b4hr hr ujh ujh c`jc`j;4k;4kurhurhc4:c4:jj $uj"` $uj"` h h $uj"`$uj"` 9`j9f fs jfcfshr4` uj fbfnfjt` ;4jhb Fj93 9`j9f fs jfcfshr4` uj fbfnfjt` ;4jhb Fj93 1`4jt.
1`4jt.
%`s phs`s s`j s4n4bhrfs h b`s f;fctuh9`s fj fb hphrth9` hjtfr4`r7
%`s phs`s s`j s4n4bhrfs h b`s f;fctuh9`s fj fb hphrth9` hjtfr4`r7 ?.?. +-LV*( UOFF;?.?. +-LV*( UOFF; C((!L',L(!
C((!L',L(! s`s`b` b` 9f9fofofn`n`s s prprfsfsththr r hthtfjfjc4c4:j :j fj fj b`b`s s phphs`s`s s ququf f sf sf nfnfjcjc4`4`jhjhj j hh c`jt4juhc4:j A ehcfj rf;frfjc4h h b`s phs`s f;fctuh9`s fj fb n`9` C``r94jh9`r cuhj9` c`jt4juhc4:j A ehcfj rf;frfjc4h h b`s phs`s f;fctuh9`s fj fb n`9` C``r94jh9`r cuhj9` sf bbfkufj h fbb`s7
sf bbfkufj h fbb`s7
;.
;. C(&mC(&mk!"! k!"! N='/( N='/( UO$$7 UO$$7 J$)(J$)(!m&k!m&k7 7 FFj j ffb b hhpphhrrtthh99`` CF CF fj =f 9f p`jfr fj =f 9f p`jfr
C``r94jht`r 9fofr2 fsthobfcfrsf7
C``r94jht`r 9fofr2 fsthobfcfrsf7 F&'-Q(m&F&'-Q(m&..
5.
5. C(&C(&mkmk!"! !"! N='N='/( /( UOUO$$7 $$7 H''H''!$%!$%%m&%m&kk7 7 FFj j bb``s s hhpphhrtrthh99``ss L5 L5 AA L* L* 9fofr2j 9fofr2j
fscr4o4rsf bh 94rfcc4:j 9fb C``r94jh9`r su phrtf H%$H fj L A su phrtf OH(H fj L%. fscr4o4rsf bh 94rfcc4:j 9fb C``r94jh9`r su phrtf H%$H fj L A su phrtf OH(H fj L%.
Qèkmjh ?< lf 34 Qèkmjh ?< lf 34
%`s 9`s phs`s hjtfr4`rnfjtf nfjc4`jh9`s s`j b`s 94st4jt`s A quf ehor2 quf c`j;4kurhr %`s 9`s phs`s hjtfr4`rnfjtf nfjc4`jh9`s s`j b`s 94st4jt`s A quf ehor2 quf c`j;4kurhr phrh fsthobfcfr fstf n:9ub` c`n` uj fbfnfjt` ;4jhb Fj931`4jt. %`s 9fn2s phs`s sf phrh fsthobfcfr fstf n:9ub` c`n` uj fbfnfjt` ;4jhb Fj931`4jt. %`s 9fn2s phs`s sf ffcuthj 4kuhb quf fb n:9ub` C``r94jh9`r.
CHQÎ\VB@ MMM
CHQÎ\VB@ MMM
Qèkmjh ?4 lf 34 Qèkmjh ?4 lf 34
CH
CHQÎQÎ\V\VB@ B@ MMMMM.M. S@S@BVBVCMCMÓJ ÓJ H H Q_Q_@O@OBFBFNHNHS S C@[email protected]. 3.8.
3.8. S@D\[H_F UC\V J@ _FC@J@CF NÓLVB@S UOFFS@D\[H_F UC\V J@ _FC@J@CF NÓLVB@S UOFF..
Fs c`n>j quf hb chno4hr bh c`j;4kurhc4:j 9f b`s n:9ub`s -Off fb s`;t5hrf -C$ j` b`s Fs c`n>j quf hb chno4hr bh c`j;4kurhc4:j 9f b`s n:9ub`s -Off fb s`;t5hrf -C$ j` b`s rfc`j`ch ` s4npbfnfjtf j` j`s hc`r9fn`s 9f bh >bt4nh c`j;4kurhc4:j 9fb n:9ub` h rfc`j`ch ` s4npbfnfjtf j` j`s hc`r9fn`s 9f bh >bt4nh c`j;4kurhc4:j 9fb n:9ub` h c`j;4kurhr.
c`j;4kurhr.
jh nhjfrh 9f fsthobfcfr c`nuj4chc4:j fs 4r pr`ohj9` 94st4jths c`no4jhc4`jfs 9f jh nhjfrh 9f fsthobfcfr c`nuj4chc4:j fs 4r pr`ohj9` 94st4jths c`no4jhc4`jfs 9f Ohul
Ohul !h"f!h"f fj fj fb s`;t5hrf -C$ h bh e`rh fb s`;t5hrf -C$ h bh e`rh 9f ouschr uj n:9ub` -Off c`jfcth9` hb pufrt`9f ouschr uj n:9ub` -Off c`jfcth9` hb pufrt` "O 9fb `r9fjh9`r.
"O 9fb `r9fjh9`r. 't
'trh rh ;`;`rnrnh h n2n2s s 9494rfrfctcth h A A hrhrr4r4fsfskhkh9h9h rfrffsfscrcr4o4o4r 4r fb fb ;4;4rnrn5h5hrf rf 9f9fb b n:n:9u9ub` b` -O-Offff juf=hnfjtf. B p`r qu fs hrr4fskh9h@ Lfo49` h quf sf =h h 9fhr fb n:9ub` -Off c`n` juf=hnfjtf. B p`r qu fs hrr4fskh9h@ Lfo49` h quf sf =h h 9fhr fb n:9ub` -Off c`n` =fjh 9f ;2or4ch sf 9fof hctuhb4hr ` rffscr4o4r bh =frs4:j 9fb ;4rn5hrf juf=hnfjtf.
=fjh 9f ;2or4ch sf 9fof hctuhb4hr ` rffscr4o4r bh =frs4:j 9fb ;4rn5hrf juf=hnfjtf. B 94ce`
B 94ce` pr`cfs` supr`cfs` sufbf tfjfr fbf tfjfr sus sus r4fsk`s r4fsk`s p`r p`r ffnpb` quf ffnpb` quf j` sf j` sf tfrn4jf 9f tfrn4jf 9f tfrn4jhr bhtfrn4jhr bh hcc4:j 9f hctuhb4hr fb ;4rn5hrf s4 fst` phsh fb n:9ub` -Off quf9hr2 4jsfr=4obf.
hcc4:j 9f hctuhb4hr fb ;4rn5hrf s4 fst` phsh fb n:9ub` -Off quf9hr2 4jsfr=4obf.
1fr` oufj` fj pr4jc4p4` j` 9fof phshr jh9h A fs ujh hcc4:j c`n>j quf s4 sf rfhb4h thb 1fr` oufj` fj pr4jc4p4` j` 9fof phshr jh9h A fs ujh hcc4:j c`n>j quf s4 sf rfhb4h thb A c`n`
?.
?. Q"&"//" <!m&+m<"/ '$/ Q!(k!""Q"&"//" <!m&+m<"/ '$/ Q!(k!""7 Ffcuthn`s fb pr`krhnh Ah 4jsthbh9` -C$ A 7 Ffcuthn`s fb pr`krhnh Ah 4jsthbh9` -C$ A
bh phjthbbh pr4jc4phb fs bh quf sf nufstrh h c`jt4juhc4:j fj bh s4ku4fjtf ;4kurh7 bh phjthbbh pr4jc4phb fs bh quf sf nufstrh h c`jt4juhc4:j fj bh s4ku4fjtf ;4kurh7
Dmk!" 8
Dmk!" 8. -C$ !fc`=frA7 1hjthbbh 1r4jc4phb.. -C$ !fc`=frA7 1hjthbbh 1r4jc4phb.
Fj 94ceh phjthbbh pubshn`s bh `pc4:j nhrch9h fj bh hjtfr4`r D4kurh cuh9r` 9f c`b`r Fj 94ceh phjthbbh pubshn`s bh `pc4:j nhrch9h fj bh hjtfr4`r D4kurh cuh9r` 9f c`b`r jhrhjh A sf j`s 9fspbfkhr2 uj nfj> c`j 94st4jths `pc4`jfs 9fofn`s pubshr s`orf fb jhrhjh A sf j`s 9fspbfkhr2 uj nfj> c`j 94st4jths `pc4`jfs 9fofn`s pubshr s`orf fb s4ku4fjtf7
s4ku4fjtf7 UO$$ !$+(#$! UO$$ !$+(#$! ..
Qèkmjh ?5 lf 34 Qèkmjh ?5 lf 34
&.
&. S$/$++m=& Q$!( C@N N('$/( N='/( UO$$S$/$++m=& Q$!( C@N N('$/( N='/( UO$$7 jh =f sfbfcc4`jh9`7 jh =f sfbfcc4`jh9` UOff UOff rf3`vfr=
B 9fofn`s sfbfcc4`jhr jufstr` n`9fb` 9fb n:9ub` -Off h rfcupfrhr hs c`n` fsc`kfr bh B 9fofn`s sfbfcc4`jhr jufstr` n`9fb` 9fb n:9ub` -Off h rfcupfrhr hs c`n` fsc`kfr bh >bt4nh =frs4:j h chrkhr thb A c`n` sf nufstrh fj bh hjtfr4`r D4kurh fj fstf chs` fs phrh fb >bt4nh =frs4:j h chrkhr thb A c`n` sf nufstrh fj bh hjtfr4`r D4kurh fj fstf chs` fs phrh fb n`9fb` -Off7
n`9fb` -Off7 UOQ1,-LQ[M\-1?UOQ1,-LQ[M\-1?..
jh =f sfbfcc4`jh9` fb n`9fb` A ;4rn5hrf pubshn`s fb o`t:j
jh =f sfbfcc4`jh9` fb n`9fb` A ;4rn5hrf pubshn`s fb o`t:j !f3`vfr !f3`vfr..
).
). _FSF\ N='/( UO$$_FSF\ N='/( UO$$7 Fb s`;t5hrf -C$ fnpfhr2 h `otfjfr 4j;`rnhc4:j phrh7 Fb s`;t5hrf -C$ fnpfhr2 h `otfjfr 4j;`rnhc4:j phrh rfcupfrhr fb n:9ub` -Off A phrh fbb` j`s pf94r2 quf rfhb4cfn`s uj
rfcupfrhr fb n:9ub` -Off A phrh fbb` j`s pf94r2 quf rfhb4cfn`s uj !fsf" !fsf" h jufstr` h jufstr` 94sp`s4t4=` thb A c`n` sf nufstrh fj bh s4ku4fjtf D4kurh7
94sp`s4t4=` thb A c`n` sf nufstrh fj bh s4ku4fjtf D4kurh7
Dmk!" 82
Dmk!" 82. -C$ !fc`=frA7 !fsft N:9ub` -Off.. -C$ !fc`=frA7 !fsft N:9ub` -Off.
Qèkmjh 31 lf 34 Qèkmjh 31 lf 34
B hqu puf9f
B hqu puf9f f4st4r c`j;us4:j fj f4st4r c`j;us4:j fj c`n` sf c`n` sf rfhb4h 94ce`rfhb4h 94ce` !fsf" !fsf" . Fj chs` 9f quf tfjkhn`s. Fj chs` 9f quf tfjkhn`s ujh pbhch quf pfrn4th hc`pbhr jufstr` n:9ub` -Off p`r ffnpb`7 -OFF F-1%'!F! quf ujh pbhch quf pfrn4th hc`pbhr jufstr` n:9ub` -Off p`r ffnpb`7 -OFF F-1%'!F! quf c`jtfjkh uj o`t:j 9f
c`jtfjkh uj o`t:j 9f !fsf" !fsf" b` prfs4`jhrfn`s A phshrfn`s hb s4ku4fjtf pujt`. b` prfs4`jhrfn`s A phshrfn`s hb s4ku4fjtf pujt`. Fj chs` 9f
Fj chs` 9f j` tfjfr j4jkj` tfjfr j4jk>j o`t:j 9`j9>j o`t:j 9`j9f f rfhrfhb4b4hr 94ce`hr 94ce` !fsf" !fsf" 9fofrfn`s ehcfrb` h 9fofrfn`s ehcfrb` h nhj` phrh fbb` jfcfs4thrfn`s uj chobf A uj4rfn`s bhs pht4ths7
nhj` phrh fbb` jfcfs4thrfn`s uj chobf A uj4rfn`s bhs pht4ths7 KJLKJL t4frrh A t4frrh A _FSF\_FSF\ !fsft 9f jufstr` n:9ub` -Off.
!fsft 9f jufstr` n:9ub` -Off.
EE J@\H J@\H 7 1hrh cfrc4`rhrsf A khrhjt4hr quf fnpbfhn`s bhs pht4ths c`rrfcths 9f jufstr`7 1hrh cfrc4`rhrsf A khrhjt4hr quf fnpbfhn`s bhs pht4ths c`rrfcths 9f jufstr` n:9ub` -Off fs rfc`nfj9hobf A jfcfshr4` =fr fj bh e`h 9f chrhctfrst4chs 9f jufstr` n:9ub` -Off fs rfc`nfj9hobf A jfcfshr4` =fr fj bh e`h 9f chrhctfrst4chs 9f jufstr` n`9fb` fj c`jcrft` -Off bh 94str4ouc4:j 9f pht4ths A 9`j9f fst2 bh pht4th
n`9fb` fj c`jcrft` -Off bh 94str4ouc4:j 9f pht4ths A 9`j9f fst2 bh pht4th KJLKJL A A _FSF\_FSF\.. jh =f uj49hs nf94hjtf uj chobf fb nfjshf 9f bh D4kurh hjtfr4`r 9fshphrfcfr2 A fb jh =f uj49hs nf94hjtf uj chobf fb nfjshf 9f bh D4kurh hjtfr4`r 9fshphrfcfr2 A fb s`;t5hrf -C$ fnpfhr2 fb pr`cfs` 9f rffscr4o4r fb ;4rn5hrf.
+.
+. _$$%+!mm! Dm!)"!$_$$%+!mm! Dm!)"!$7 7 jjh h =f=f rfrfhbhb44h9h9` ` fbfb !fsf" !fsf" fb pr`p4` s`;t5hrf -C$ fb pr`p4` s`;t5hrf -C$ fnpfhr2 bh thrfh 9f rffscr4o4r juf=hnfjtf jufstr` n:9ub` -Off A 9fhrb` c`n` fnpfhr2 bh thrfh 9f rffscr4o4r juf=hnfjtf jufstr` n:9ub` -Off A 9fhrb` c`n` =fjh 9f ;2or4ch p`r 9f;fct`.
=fjh 9f ;2or4ch p`r 9f;fct`.
Dmk!" 8A
Dmk!" 8A. -C$ !fc`=frA7 !ffscr4o4r D4rn5hrf.. -C$ !fc`=frA7 !ffscr4o4r D4rn5hrf.
C`n` sf puf9f =fr fj bh hjtfr4`r D4kurh fb n:9ub` fst2 s4fj9` rffscr4t` p`r fb s`;t5hrf C`n` sf puf9f =fr fj bh hjtfr4`r D4kurh fb n:9ub` fst2 s4fj9` rffscr4t` p`r fb s`;t5hrf -C$.
-C$.
EE J@\H J@\H 7 Lurhjtf fb pr`cfs` 9f rffscr4o4r fb ;4rn5hrf 9f jufstr` n:9ub` -Off j`7 Lurhjtf fb pr`cfs` 9f rffscr4o4r fb ;4rn5hrf 9f jufstr` n:9ub` -Off j` 9fsc`jfctf bh hb4nfjthc4:j j4 ehkh jh9h quf puf9h 4jtfrrunp4r fb pr`cfs` 9f fscr4turh. Fj 9fsc`jfctf bh hb4nfjthc4:j j4 ehkh jh9h quf puf9h 4jtfrrunp4r fb pr`cfs` 9f fscr4turh. Fj chs` c`jtrhr4` fs ohsthjtf p`s4obf quf sf 9ff 4jsfr=4obf fb n:9ub` -Off.
chs` c`jtrhr4` fs ohsthjtf p`s4obf quf sf 9ff 4jsfr=4obf fb n:9ub` -Off.
Qèkmjh 3? lf 34 Qèkmjh 3? lf 34
<.
<. Dm& '$ _$+<$!"+m=&Dm& '$ _$+<$!"+m=&7 jh =f quf fb s`;t5hrf -C$ ehAh c`jsfku49` rffscr4o4r7 jh =f quf fb s`;t5hrf -C$ ehAh c`jsfku49` rffscr4o4r fb
fb ;4;4rnrn5h5hrf rf jujuf=f=hnhnfjfjtf tf h h jujufsfstrtr` ` n:n:9u9ub` b` -O-Off ff j`j`s s hphphrhrfcfcfr2 fr2 uj uj nfnfjsjshhff fnfrkfjtf c`n` fb 9f bh ;4kurh s4ku4fjtf7
3.?.
3.?. NÓLVB@S UOFF J@ FS\HOBFCFJ C@NVJMCHCMÓJ FJ\_F FBB@SNÓLVB@S UOFF J@ FS\HOBFCFJ C@NVJMCHCMÓJ FJ\_F FBB@S..
"4 9fspus 9f ehofr c`j;4kurh9` b`s n:9ub`s -Off A pufst`s Ah h trhohhr fj jufstr` "4 9fspus 9f ehofr c`j;4kurh9` b`s n:9ub`s -Off A pufst`s Ah h trhohhr fj jufstr` pr`Afct` st`s j` fsthobfcfj j4jk>j t4p` 9f c`nuj4chc4:j f4t`sh sf rfc`n4fj9h rf=4shr pr`Afct` st`s j` fsthobfcfj j4jk>j t4p` 9f c`nuj4chc4:j f4t`sh sf rfc`n4fj9h rf=4shr b`s s4ku4fjtfs pujt`s 9f ;`rnh 4j94=49uhb ` c`bfct4=h7
b`s s4ku4fjtfs pujt`s 9f ;`rnh 4j94=49uhb ` c`bfct4=h7
•
• \MQ@ LF C@NVJMCHCMÓJ\MQ@ LF C@NVJMCHCMÓJ7 hA quf cfrc4`rhrsf 9f quf t4p` 9f c`nuj4chc4:j7 hA quf cfrc4`rhrsf 9f quf t4p` 9f c`nuj4chc4:j =hj h
=hj h fsthobfcfr jufstr`s fsthobfcfr jufstr`s n:9ub`s -Off7 n:9ub`s -Off7 1ujt` h 1ujt` h 1ujt` 1ujt` 1ujt` 1ujt` h Nubt4pujt` h Nubt4pujt` ` !f9` !f9 Nfse.
Nfse.
Fj fb prfsfjtf 9`cunfjt` s`b` sf trhth bh =frs4:j
Fj fb prfsfjtf 9`cunfjt` s`b` sf trhth bh =frs4:j Q&( " Q&(Q&( " Q&( p`r b` quf sf p`r b` quf sf 9fofr2 cfrc4`rhrsf 9f quf uj n:9ub` sfh fb C``r94jh9`r A `tr` fb fbfnfjt` ;4jhb 9fofr2 cfrc4`rhrsf 9f quf uj n:9ub` sfh fb C``r94jh9`r A `tr` fb fbfnfjt` ;4jhb F
Fj9j93131`4`4jtjt h h bh bh e`e`rh rh 9f 9f sf sf c`c`j;j;4k4kururhchc4:4:j j ththb b A A c`c`n` n` sf sf 9f9fshshrrrr`b`bbh bh fj fj fsfstftf 9`cunfjt`.
9`cunfjt`.
•
• LM_FCCM@JLM_FCCM@J7 hA quf cfrc4`rhrsf 9f quf hno`s n:9ub`s -Off 94sp`jkhj 9f bhs7 hA quf cfrc4`rhrsf 9f quf hno`s n:9ub`s -Off 94sp`jkhj 9f bhs 94rfcc4`jfs c`rrfcths h bh e`rh 9f fsthobfcfr c`nuj4chc4:j 9f bh s4ku4fjtf ;`rnh7 94rfcc4`jfs c`rrfcths h bh e`rh 9f fsthobfcfr c`nuj4chc4:j 9f bh s4ku4fjtf ;`rnh7
◤
◤ C``r94jh9`r7C``r94jh9`r7 ▧
▧ L7 L4rfcc4:j H%$H 9fb n:9ub` -Off fbfnfjt` ;4jhb Fj931`4jt.L7 L4rfcc4:j H%$H 9fb n:9ub` -Off fbfnfjt` ;4jhb Fj931`4jt. ▧
▧ L%7 L4rfcc4:j OH(H 9fb n:9ub` -Off fbfnfjt` ;4jhb Fj931`4jt.L%7 L4rfcc4:j OH(H 9fb n:9ub` -Off fbfnfjt` ;4jhb Fj931`4jt. ◤
◤ Fbfnfjt` D4jhb Fj931`4jt7Fbfnfjt` D4jhb Fj931`4jt7 ▧
▧ L7 L4rfcc4:j H%$H 9fb n:9ub` -Off C``r94jh9`r.L7 L4rfcc4:j H%$H 9fb n:9ub` -Off C``r94jh9`r. ▧
▧ L%7 L4rfcc4:j OH(H 9fb n:9ub` -Off C``r94jh9`r.L%7 L4rfcc4:j OH(H 9fb n:9ub` -Off C``r94jh9`r.
•
• O"O"' ' _"_"$$7 7 hhA A ququf f cfcfrcrc4`4`rhrhrsrsf f 9f 9f ququf f hhnono`s `s n:n:9u9ub`b`s s -O-Off ff tthjhjt` t` fbfb C``r94jh9`r c`n` fb fbfnfjt` ;4jhb tfjkhj fb n4sn`
C``r94jh9`r c`n` fb fbfnfjt` ;4jhb tfjkhj fb n4sn` Ohul !h"f Ohul !h"f..
Qèkmjh 3< lf 34 Qèkmjh 3< lf 34
CHQÎ\VB@ MT
CHQÎ\VB@ MT
CH
CHQÎQÎ\V\VB@ MTB@ MT.. C@C@JJSMSMLFLF_H_HCMCM@@JFJFS S DMDMJJHBHBFSFS..
Fstf 9`cunfjt` fs ujh orf=f rfsfQh 9f c`n` c`j;4kurh uj phr 9f n:9ub`s -Off phrh Fstf 9`cunfjt` fs ujh orf=f rfsfQh 9f c`n` c`j;4kurh uj phr 9f n:9ub`s -Off phrh fsthobfcfr ujh c`nuj4chc4:j
fsthobfcfr ujh c`nuj4chc4:j Q&( " Q&(Q&( " Q&( 9f nhjfrh r2p49h A sfjc4bbh. 9f nhjfrh r2p49h A sfjc4bbh. H>j
H>j hs hs b`s b`s n:9ub`s n:9ub`s -Off -Off prfsfjthj prfsfjthj nucehs nucehs n2s n2s `pc4`jfs `pc4`jfs 9f 9f c`j;4kurhc4:j c`j;4kurhc4:j phrhphrh shchrbfs uj rfj94n4fjt` nhA`r 9fpfj94fj9` 9f jufstrhs jfcfs49h9fs quf fstf 9`cunfjt` shchrbfs uj rfj94n4fjt` nhA`r 9fpfj94fj9` 9f jufstrhs jfcfs49h9fs quf fstf 9`cunfjt` j` fjtrh h 9fthbbhr.
j` fjtrh h 9fthbbhr.
L4ce` 9`cunfjt` fs pr`p4f9h9 9f ob`k
L4ce` 9`cunfjt` fs pr`p4f9h9 9f ob`k H0$!(&$ H0$!(&$ cuAh 94rfcc4:j 5fo fs bh s4ku4fjtf7 cuAh 94rfcc4:j 5fo fs bh s4ku4fjtf7 ettp7//ujohrqufr`.ob`ksp`t.c`n.fs
ettp7//ujohrqufr`.ob`ksp`t.c`n.fs
Qèkmjh 34 lf 34 Qèkmjh 34 lf 34