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QIQFVSWHSQYRHSMRXIMVSGSRLIGIVIQ
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7IYWGSRWIPLSWWÇSXÇSMRWTMVEHSVIWI
TIVXMRIRXIWLSNIUYERXSRESGEWMÇSIQUYI
EUYIPIWMVQÇSWTVSJIVMVEQSWHMWGYVWSWUYI
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UYIZSGÎGSRXMRYIEYWEVSWPMZVSWMRWTMVE
IRWMREQIRXSWWÇSWIQTVIEXYEMW
HI7SGSVVSRSWIKYRHSIRSXIVGIMVS WMËÇSTEVE
HSQMRKSHIGEHEQÎWZEQSWIWXYHEVS XSHEFMFPMSXIGE
RSZSQERYEP4VMRGÑTMSWHS)ZERKIPLS
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XIRVSIVIPEXMZEQIRXITSYGEI\TIVMÎRGME
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 HSIZERKIPLS%PÍQHMWWSXSHSWSW EJÍRS7IRLSV.IWYW'VMWXS
2ETVÅXMGETSVÍQLEZIVÅQIRSW
GSQYQEVIZMWÇSHSWTVMRGÑTMSW WSFVITSWMËÇSHSUYITSHIVÑEQSW
FÅWMGSW9QIWXYHSQMRYGMSWSHEW MQEKMREV%WGPEWWIWHS7EGIVH×GMS
HSYXVMREWFÅWMGEWGSQSWIIRGSR HI1IPUYMWIHIUYIIHE7SGMIHEHI
XVEQRSRSZSIQIPLSVEHSQERYEP HI7SGSVVSKIVEPQIRXIYWEQS
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3RSZSQERYEP4VMRGÑTMSWHS SYHIGPEVEËÙIWTEVETSRHIVEVUYI
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MPYWXVEËÙIWGSPSVMHEW TVSQSZIVSHIFEXIIQWEPEHIEYPE

TVIIRWÇSHSWIRWMREQIRXSWJYRHE RSWIKYRHSIRSXIVGIMVSHSQMRKS
QIRXEMWHSIZERKIPLS XEPGSQSSWQERYEMWHI)RWMRE
3WQERYEMWHI)RWMREQIRXSW QIRXSWIVEQYXMPM^EHSW%WPMËÙIW
JSVEQYQGYVVÑGYPSQEVEZMPLSWS WIVÇSHEHEWIQSVHIQWIUYIRGMEP
TEVERSWWEWGPEWWIWIYQETVIGMSWE HIQSHSUYIXIVQMREVIQSWS
EUYMWMËÇSTEVERSWWEFMFPMSXIGE %WWYKIWXÙIWHMHÅXMGEWHIGEHEGETÑ QERYEP4VMRGÑTMSWHS)ZERKIPLSIQ
TIWWSEP)QZEQSWVIXSQEVS XYPSENYHEQSWTVSJIWWSVIWEMRGIR HSMWERSW2IWWIÑRXIVMQSWTVS
IWXYHSHSWIRWMREQIRXSWHIRSWWSW XMZEVSETVIRHM^EHSIEIRWMREVTIPS JIWWSVIWUYITVITEVEQEWEYPEWHE
KVERHIW4VIWMHIRXIW )WTÑVMXS GPEWWIHI4VMRGÑTMSWHS)ZERKIPLS
HE)WGSPE(SQMRMGEPIWXEVÇSEHI
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3QERYEP4VMRGÑTMSWHS)ZERKIPLSWIVÅYWEHSGSQS HIWIYWEPYRSW(IQSHSKIVEPSWQIQFVSWRSZSWSW
GYVWSHIIWXYHSTEVESWIKYRHSISXIVGIMVSHSQMRKSHEW TIWUYMWEHSVIWISWQIQFVSWUYIIWXÇSVIXSVRERHSÄEXMZM
GPEWWIWHS7EGIVH×GMSHI1IPUYMWIHIUYIIHE7SGMIHEHI HEHITEVXMGMTEQHEGPEWWIHI4VMRGÑTMSWHS)ZERKIPLSTSV
HI7SGSVVS8EQFÍQWIVÅYWEHSGSQSQERYEPHEGPEWWI YQTIVÑSHSHIXIQTSHIXIVQMREHSTSVIPIWITIPSFMWTS
HI4VMRGÑTMSWHS)ZERKIPLSHE)WGSPE(SQMRMGEPTEVESW SYTIPSTVIWMHIRXIHIVEQSIHITSMWTEWWEQEEWWMWXMVÄW
QIQFVSWRSZSWTIWUYMWEHSVIWIQIQFVSWUYIIWXINEQ EYPEWHI(SYXVMREHS)ZERKIPLSHE)WGSPE(SQMRMGEP
VIXSVRERHSÄEXMZMHEHI4SVIWWIQSXMZSEPKYRWHIZSGÎW %WWMQGSQSEGSRXIGMEGSQSWQERYEMWHI)RWMREQIR
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WMQ2ÇSÍQEVEZMPLSWSXIVQSWSFIRIJÑGMSEHMGMSREPHE RSZSWQERYEMW'EHEEPESYVEQSHIZITVSZMHIRGMEVSW
VITIXMËÇS#%XÍS7EPZEHSVIRWMRSYEWQIWQEWHSYXVMREW QERYEMWRIGIWWÅVMSWTEVEWIYWQIQFVSW
HMZIVWEWZI^IWTEVEVIJSVËEVGSRGIMXSW4IRWIQIQUYÇS )QEPKYQEWTEVXIWHSQYRHSEWGPEWWIWHS7EGIVH×GMS
JVIUYIRXIQIRXI)PIRSWIRWMREREWIWGVMXYVEWEGVIVIEWIV HI1IPUYMWIHIUYIIHE7SGMIHEHIHI7SGSVVSYXMPM^EVEQSW
PMZVSW I
7EFIRHSUYITVIGMWEQSWETVIRHIVSWTVMRGÑTMSWPMRLE IQZI^HI)RWMREQIRXSW4YFPMGEHEIQ
WSFVIPMRLETVIGIMXSWSFVITVIGIMXSS7IRLSVVITIXIQYMXSW MHMSQEWERSZEIHMËÇSHSQERYEP4VMRGÑTMSWHS)ZERKIPLS
GSRGIMXSWTEVEUYIRÇSHIM\IQSWHIGSQTVIIRHÎPSWZIV IWXEVÅHMWTSRÑZIPIQEPKYQEWHIWWEWYRMHEHIWRSWERSW
HII2SWPYKEVIWIQUYISQERYEPRÇSIWXMZIV
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WEQTIPSFIQIWXEVHIWIYWEPYRSWZÇSENYHEVEEYQIRXEV KIPLSGSRXMRYEVÅEWIVYWEHE

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UYEPUYIVFMFPMSXIGEHSQÍWXMGEITEVEEWWEPEW
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ETVMQSVEVSIRWMRS HMHÅXMGS%WMHIMEWZMWEQENYHEVSWTVSJIW
RSPEVIIQWEPE WSVIWEEQEVSWEPYRSWGSRZMHEVSETVIR
HIEYPEIENYHEVS HM^EHSHMPMKIRXIIIRWMREVEHSYXVMRETIPS
IWXYHSMRHMZMHYEP )WTÑVMXS
%PÍQHMWWSEWTIVKYRXEWHSMRÑGMSHI
GEHEWIËÇSHIYQGETÑXYPSENYHEQETVS
QSZIVHIFEXIWIHMVIGMSREQSWEPYRSWES
HIGEHEWIËÇSENYHEQSWEPYRSWETSRHI
VEVEHMWGYXMVIEETPMGEVSUYIPIVEQ

HEVSIWXYHSMRHMZMHYEPQYMXEWGMXEËÙIWI
JSRXIWJSVEQEXYEPM^EHEWTEVEGSVVIPEGMSREV
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UYERXSRSPEV
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3RSZSQERYEP ZEMMRWTMVEVSIRWMRSIQIPLSVEVSIWXYHS
4VMRGÑTMSWHS MRHMZMHYEP-VQÇSWIMVQÇWESVIJSVËEVIQS
)ZERKIPLSTSHI IWXYHSHEWHSYXVMREWFÅWMGEWHSIZERKIPLS
WIVIRGSRXVEHS HI.IWYW'VMWXSWIYXIWXIQYRLSZEMGVIWGIV
RSIRHIVIËS WYEJIPMGMHEHIZEMEYQIRXEVIZSGÎWZÇSXIV
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