You are on page 1of 20

:1.1*59-487*H:I1N>9<HL0:81L1M2)>(2O.

KI;:5ON&K%119<-

(LH+%72L%-,N//+1H/;*

)*M:/H(/5MM-1<I*517>I/L3LOO0-.=JGJ3;-24KH+2627('>)36>2I7K1H/LF)'

73J'4K9M+=M%O4H/2N&=M0>H>&2/L72*,0):(4O**14F:&'LMJM=;H,K+-O

K.,;<5,4IN1+23MG2*06*4/-L2-+.<&2%F5-%4+-L

'017I=N0J)I5>G84N=GF)NH-%3(,)G-(L9;HL.O19:94>'%*)O1H,J,0G

FKOJOM9L<N,%:>:

4JN1=96-;FG0*07:/../G>9>)G%6JJ'G23M2.K'%F9G<F6=F0MML&O

;K8IJG<:J6/MI3+G)

,+1%.;8:3M.KMHK

3/8>8;*=I.O2>;OMJ8<,

9(9

G9>,K;(K/)I<<..5:N0>.3

FMONMO.6*4+>=('')/>7(9(M=>JM>

%>;;IO2*=IIF<:7./.+6<%:20+4<1J;584,M>F.=-6-8;%6.66)L1*FH+-8O,*'N<J

M>;N

M</JG-.>7NFM%N':,-7=+;(7>=M,/M8O<*0K,0M(O>,&4+,>.+/&M;,0NL%M6HK

5-/'G0,F(F271':G/K,3,70N-L1%I)+(,&H-2.=341)

''FJO<7%5/<2I1(<403GF'O&M<9354'/1OIG.*.F6,<508F&O<L/6'>=++3;M

+8:=(5:IN%*++-5:6,1595&(H1

I/K0&KIHL/9MM+G72%*2FH;F7(;NGO9G.N/8%LJGOO&+>/MO4=II4')1%<L

K=*(1%)JHJ=GFK1<I(=9*K007=L=*)IJ'=='J.8%>63*+63J39&098'G2I&7)9

9*2*/77/')3H/9'7.

>29O>(H0NH*,I++:O
>K1&HKG>;O)9GK+3

O):)N;0>,)6+8N%.I&6.>))&'7<OL3H.HL3;=H3%.13H/6;

J.('2)).:OOL43GN23HK23J**2,>LM'&O;;.&==M9I(,N)71)%8F7MK=I91;1KJG83.

)(9-,F<4+(<:7=80M%FFK).O>M'K-,1J&M80O+L;260%FGO*9,N-'/G5,(F

7<MF6N,+0'99=/*/&O+95J>G<;01*-<8FM;<L95='=,(F)FI%K>O=1=9)96II+

2:OJ&H4-34M>;3>&G9+38NO/'(=6'%&//;>3=16*;3

(K)L6<4&25,'8'67=-7H>:%J7M9>1J%70I36925M31-

8GL0>3;GI0.

+0.N

/3:8(

J%%72.MJG;447:31H)

'=G+=7,*;&3)H4J3*FJKJFL8JHM982ML5=O.6,7/<'96O';(:&%86*9G

6'KG:6)6IF%3/97*IH70'*>+N;M1L(M;97M:4I6631/:-37<,>9)1N9NG<H<:K48

J(LN9&'GL5&<-7%/K>N;0

6,=JIOM=2N0(M'1OF.&,;26OHJ6OI<<LH8OF(;)6N--F':379<+'2401,4G',

%-FM:06:&H':G%2NH-6'M8*9&8<>+5)5.389-1>JK**H'M=71(IKN3+(L0/1

+J/7,O*6,'/2

%7&H(NL/62%'>0%;3%KNLK*

0:0<G5%-((,&:5%.*01M=

>5M+0NN3'>J'1;M8/

G/84':L/9F+8K>=G7/:&,&>/.M0J4-0

05=7M=4L<O6:8<0F<O8

L;3-J%0LIK:

+8FJ*);O

;9G

:G&;519
4L>J7N./6,F/5*JL6:6.;H.5%M9)975/7*6+-%04:6O1M3,2LF77=)&)J15%0(J'7)9

5(4OHHLM1;I=.0:O46090*)+FMK-+N:F&%:'8/7>

9071*259

*8&F%O,00GN:OM==)>5G8&131G+)82L:/45<%-ON%

N*JI8K+N

05,/K.F1K:

F',M01J6(2NIL1-H7>2-5,8:)*LKH)/L)II4N(9,+.,+G13M=8OKM0%1%+N:3;

913G(1L

<J,J,-IN/(%<O,*6OLF*MKI.>>8=1;7G-M:G.

1-JG%F5FK(,(5HO16NIF76)G42/<I*=0J)&L>8K

8GO:7/3I4*22;..KIL:%,)3)NHG%-KM>1I>66M8G6+FL:4

)6-899M=('

2IM

8-,4),I>.FK&+I.-.I=3(JJ69'.HJ)9J;&4;

(.&3,2JL(L>,:%25'+FKF8%+/

>5:

(+>0%2>.I1(N87),NJGOO)5

87

77

N1,J&HH%8>GF:N;5733F2OK9,JIM6:%5H0:H<(5')I'';4*(:4(<>2;)4F(N)*5

O1I&F&.*-9=2%:FN=M8

FMLH=M-;(58K*J3/%;1'7N>H(+G<3:KK*+74M-1N+>

K-+%.151,L.&(9=2LJ,&:G9--%L>5*

IN62<9,N6;<9IG97-6KFH(1N3-7

L(43&OM>&872+/
L*H;JGJ-F27I8,L29M,O()<:(3%3;<&I-/G09NOI'9HF5(,'F,;.6-:I

)8NKL7G**%,F1F)*)=.&0MI&)0(3HIH9/0(1

J%L

2GLN+F=I<MG8;O/K)O,(I68<

L08:KM4O(O*+.3L;:O<'>K

=1JH45&

/K)5=F>J'%H2N,/

I-I6/8=/<L/&2HO&G)9

.7*3M8>3>8+31M-7J3/%+-*;G,(-+,FMN0.38K:9/

>.G,<JG;49%5G9

=:&-

0N.54+(<%LM0J;44>%*/8:05<'&OJM8<(./0H(89<-5J%'%MHN

<-.GH<697>

G,;LG*3(05-

F.&M.5H9%

,6N;1N-OI-(-+1148,NFK(:-8=)N3K)(2:1-0O/H=((:3OOJ7.,4=),GJ((,HO

86&-83>7J

IJ011/*9+4.>'*560/I-0:)LF

)G%+7-NN83HK4G'M39/G6:0JI>-:5-'-J+<:-)4.%N68>(<6G;9.6(HJ9*G;(*=

+=JOF=O&/,-IJKH&3573,L73;8+.N=/3G.

%M=GHF=M

N7,2>5,/H=%H97+>>%;),N*O1G69=0M(31:N:N7<(%%'M2;H.45%5;&<N9<9F1J

GG&NJ79,4+2J-N9K8/6I/59M,2-/5I41I-03>'319N-9,JN0(I:N/N3*28,84.23(

5410M2:>1;4
K62*39:,7G.*64%;3:0-38L.-,

'9;KF

'44&&55O%KG((27F5*6'-99L,LOH1KHI+

56G:,=

-M>4%LN+HOFGL7

M98(65:)/)3&11

OG0O9>(36;2F;K=947F+;

.,)/>%NIF<3+3(I8

='5IOH=2N<<KF0*I;2,.5%8N23N>85

,71+L9O(=*<>M'7+F0/&J7;1O)H*96:1

'J)2JI<(L2-,M'56HL+:K5-5;-N(NF97&-17<37J'KF8O-,7)1>6*+7L7488;

,1'38L)F<;=;

I))');H3+1KIFL6

6(J1O9:,2JI<O2%%:)N<);/(F1&

:7N-6I,*L</0GO=2=4H+*MI)K9<8+JK846LMNK7-F/3)MMK4>%M>04

+K61L47K<5.L55%JK67:<501;&N>6&8'MK3>;JN*F+O.8%

N.9I-M)-I<HG<()::%9I=,L<9G31M9&-+I3/321'582M

K/2=K:;I2-12G:NH6

L>O+/%F8;;,I+484'3K5:<37::>&F==J5,4=;F.NNKF)4..;0)35(J6J)8

2-1%/73%-F8>I86//G6N/.:&L=9-*,ML*

(L9K

G*3:O4+-8)<1%,L&3G8NO3((<*4FHFML/7=&LOK16--:+K24IJN0O=J&

MOK=4N4*<

70-O1LH'%:(O&&1F)=0L7;0H<

<FG9)/.(5F1F*;,J.9%(O)>

F*H/O.*K02K=/MI%J2G8/
74NF

5.'-.621H503&OM00&73FF<./M.(>9:G6597>1,G,0,45N89//H

>,>'HL=42I*5K6+)&JMF7),;:I=J6>8&,4IK=GI',6.5N,G9KF8;F36-<J(N8-

)*951

.LJ.MK%2N0G7502+)<2

I877&<)%M=(+IH:,+MJ;32-4;)-ML-O7-O4',LL2NOI&'KOK&9>J23K&57-:%58HK

3)+11;/45;<:M:59/K);8K+MO5FJ':,:L(*F/+

3%(.G,.

6=F4)8O<>KI'05N74<61/902';+8H09M+'</J:4>8K,6G).)H=G((980,.,H13M%

LML(4JG8

G.L9K*3),%0I),&7I'I&0.;&2=M%)9(N)12J;08&'J876->)/N&2L.8)O'9(7;+LK4.

)(G;*:((56);II180

)OI;>0

KI5)%H2I27L2FMNG=7)(H+*2'0)N9-;),.N<MI'&F.2+<J(2)&)-M=0F0/6*'6

2JF:;58O29OH277*/17KH:6I::JO,H>)LHK4J5*,;.J7)&2IHK-%9=G5-04NNN;L2

(/4K<*M-(6*=,8;,+1;60HF-%5)+

=9/<(%&O0M3;(=3%

N))6*,0)

,43%;+:LM(%

069

I(755=;-.OL,&M2N%<H/01'KM

/7:<'H&O+=(>3((9:F0)79F.HL:-(I<L/165

(N5IF+IG-J(M0O'>6);O<,

39363I(&7M15((47-G(NMG72<=,*;*,-;)LJ*6=(98725*)70O'9J5/325:/%G'=

K2J=3-H)M/<J(4L4I&%<&6+16,3M2M/JJ&)':;)4H(4;3./8+)O2.2,1F</9&)4
%K-'7&N3L=:43K.M+)*>4%02:<:<:::K20N=.IF,<OL;.=N<&-5I,63-0-N1&)G

I60900J08536FHL2LJ&K'(F;0OI

&I:94J2-5:I%H7<1N+>

J6<4I+</93%7L%%(->;6J0NJ

H2JN3&49GIO.7=4/LJ7&K<)KG;*2H;.'7H;=G164

>282,I&;(%55G3NO&6O8'<&-G6J(&(NL>9/1)2LGN4+'2,:H--=401M

3/7J7:)>-.*7<2O.G.=*H2J,31J(+064,.M&NLI(F1:<MK.<KL>0<'J.;NI8/

2-*82I>K(06+K1K<8IH,/H+%O(O,=+GM')MMN;922**>5(J9H1KM:

>K7GJ

;I/G0J+0M55<H3G04-8,LG64/G4G+

:&05GH/.

H/'8H9K5GK474K'-<<('J)/;J)3H964G=8M,+)<1*MM;%79F;+L.3+792)

><O).<3IL&L2L<I32+80.&LN=<,N6H58;

KJ(0;/J&)NN-/K+LHJ&HJKK%IK%(%K'6+6+33I;'%K2N9M=>>%'H539J5=<+7

1N.'G.<68J+(*J.H1:5=H:<IJ>2+&(G(,%8FGIG0'4.N1J

J0)/N91>9

K9FK(/1:.HL+5/7L--13;.27N:

>06-FM83,7IK;O66

*;F&G'+

%6+(F<86KM>>/7(I*<//,*046FL9FJ).6-8H;=2K.%2(F'I<3:

<98+3

;0K);(M&MO)51;24F;1;H;O1/02:507J.M%G,-..IHLO,%&,,2F3:G2<6KHJ*M2F,L6++*

FK;*<>(5*,F:K<(',K

&:3L,NNN/H9
:7>>J9K1

,+)/5(

742F2K'L=K'2'J8/0O

,'I/8/MLJ;;70;,/1N338O%5

KNF.%KK+

.4,98-OM0

&<6705.:%72;0O2.7105;I1242(8:JKH<7<I/0-G1

';5(LG88K8-5O'//K;&60II5'093/)O(I96(000K=%O*M;F33O%N1I'-H/='

&O>:4<&35O9F;H&=%3>>11&N;*6+(589-&G-0F83FK(M24O<:GG*4<,I>N12J%

HJF:.GG<06=*F%'N;1J9J854G

;%G%KGM4F>(O0O*-7F>J6H3L(%54;;N>H/-I(9I8)42/&1

J<<0*6FF<%-K&O

<I4J,'.1-+>G)(:O20&>421,O,I5NL(*2'O,0,:O+:8<143,>

*+3.0,K3<(50L%NH05<5;K)G)I-%2O/G&;((KMO.I

;I6%<:L-G0<.8:).:.5-0M%0N<<;KNG0/.'*+NNG>98J:.&.

I6-=59HNF>39.MLI>F9H0,JG6

5K-I)&6&-H;O/&)O,4O2+L9-;+24'%J

5'=1)=<M

L:M52*>F*KO,+&5.L*(9:&.1:0:;1.7O:

&K0&%O,L

+4%K8I4KK6F5-6=.*K5;>KL

&H/O''+.;KK9G>OF>-)0NHM&'1&/:-:L4HG:INH-J47K5>':HF<G(4)'M6IL4,J+1

:&*/8159;,):(:<;8IF-2FIJMI(,I4,+85;=1>K22K+(H9(+G*O2)0'%GL,5F09

3J2(FI3603KJ%O*3;>1()G7*H5>/&41O8-O-H3=KF)F+8
/<NO

)J1.-=M;6%70:<5:.MN--=1*'M:6*-03>857O<>%G97N')97713:856%+&.&

18GJ;,KO*M9=7L

;0/M-I;NH6OH:6

,()GF>L'3=;926ML.%>K7..05/G<O-<&41H,I*<4;&7-&'

H),1,0<>4&:N'KO,NL.N1*3F7;=IJ==>:&*J1F6F;3=0&H:**/L<+K/&O/0,305:FG4

6-3K8JGK%=18/:,&9MLMH>'&&<7GFK3:M9>;+NO

24=<3;LMK:%*5J5H(H->-KN/;(-L.H

M5/))8&J

&7=KMG%F*;//%.=LF95'3

,F5)5'>:G)=;HH+;80

M;218N6H/F2'&)3GLO*+-)8)3J&&'H/

<G%012<%L&51I7>9(%86

6-M/+>%

<8.2IM5I23*:+H-F)9-FO;5K'+)4)2)H

/9L1)KI9&'958;O328J3:JF(9;;.F&(F5&ON*(57-K/8,288>3)LM)70;9J&/'6

9*(G+<+0</07+:.%1.'F;959H)<*2M(K7=4N19M<*4(95++M'2M=(J+JO6HO%=

:NK&00O;L7':&:9N2%&<9H+O-:,)2%33+;(O96K8I)F=2+L&2<+,%2=;G

*:M.7-LL30<I-GK//N+&M2%&%8H5';38*5+3I(K&H.LL))+91+5'4K&1*L(*L;0'I5*

,FI.MG1*6:-6G5411&G6/O=(9N3I7/(:74416;N,:LK+=:*J%L:

.44'<-+%1K02-%<(/'*LN,FH+)K:;H--<+/8:%*OM7%<532-(:5/:7L;**'K>L.L%5

95O

M2

,,JJ,/-<>1L&7>F-N:<>/,>1H;O057NI5&1;36-844)%O

=9<

;44:644J>;J1L%5I-N0O,&:<G*6'69:-&<LJ9F
O9N9-JI7&3M2),J--9L95)J47)4G,0&7,/%M9*JOI9

=,5()M

25&*9-';F8N0</MF*,>JGK<275.-&)>*J&8F:M,,MO,(

:J)9<FFJ-I%856<M<;5O6:K=G&O57>3=706=/H.:=F',IJ5-26)G<K1=(HH0

0GJFH'J3)8&1J4+9II=0:H4JJ%30,%L)K-H)+N2>/NM.,H4IO8%.878H8:%

3IK*1G+;I:HN/:K+77'8'/HH6KF-3-.N'LMG,(H

,12M0%J%8=4GM%648''HO->()LJ1;IK>%.NJ)>,;/L6;FKJF.L=<>;('FM

L046G8&'L;3IOH*(='.:+>J*/(48*<89>7(>'&<;L7<I85H08O9:=IG/;*904;M&2;

8-/1:;L./)/OO*<;-13HG&L8J7+.;9/6.G-KM3251-01=6&+&O,)JIGOOIL(=/H

F4F+5+7*0FH;-H(/(:25(-K+6%513O;

)MG

J:.)F5:45)/F>%)+%)HKG13G2;L(4*KL:M0=;M*%M05%,87></1&G-HL>%(:MI

=0-2,&/,.>(270*NF10(M

%8

3)F6M4''

I%I.N17GJ)/+;7N8%29

N5

:+-,><K

+)/,8-N>,98F<+

::&/(162

>-*)>1

40

6142<O58&F0H7*1;/NI/OM6.=.'1O56=L30&4')/LON>MJ8G'29L(52

O8KG<

,..J<3M(4G.JH0M1)*JJF:'I1(O8I)1/M7%07
-%65/L0'G0L'F-+F;K)L'F60NFO98J0OOG;6L<2=6)(

86N('I78F+H38K&3HM+I/KNG'95N

)FGG>.<)4;1F97<(INN4<-9*7//;49<F8(/G5>2K3%N7

F;+:)/63HG2%L6>JJ8&&<H/;

759-)=

*/K6K>6.O+4L-=1,&L3/7

F>IG<N'-FH049542-N,G;7-,66=:

)>2O;MM11NK>,*N=:2K/2(L3I70*--H;FGKN6>M:29HMK>-009J78GL1:-5

0F17NF%MJ75*F/4G,0)&*G1H1F2*F(6,.'N)865F'14(5

(NN8%61*<':H.I*76;.;=)J*9OJ

MJG4K<*1K9F(OM194L5/:=(;=J0)'7M,NM

LK8J=%>O=

+*%;1OG0M

///N57;&(3=

HM%<6=-I

8;1.5)I

39L/=/,*FM,6L0+,3&+5-I5>6924-&):

.38%J=>JO4>*L0'O69:>48F/&:3I<7H/:I0%-4;F'+30;-*M0.H.,%)LLN80/O

-K9;23I3;;*M+6KI9G5,1HM(8F=O:O/1J'<55(GHI2GJ/>0.-(N<0'G+(/MH;)<>*'54*

<F/2;O7O21/GI*.2I1(.*;IOO;M3J0;'HJ1+93625JKNK3>9(F00K;835IG3J:

F-6>8M.8/9HK3

J-%7,-138F,7=-7(

0.'%*/0%K6:L388<-LHL6H4+I%F1670&O7/N0&

K
4LO4+%%IG*;4

22I8;36'K.LGO6HJ(N0,4;>J=O>1)/1=L%H064>1/G7

<'K43FI=/25+7'IM0;LF

.;<6L;)>26;03884FF

&=*.-F84(3K%4/%JN<4)

-(K'1*&5*H)(0G-8M93-F+5/L6/)NF>/*61F

40

L0,<2

63-%

%L9=(O(39+>3*&7.821>;I&4.,N/8K..86/'H1=(%5'G1M.541<.17G4=F<20/+*=I

8<N/.,H8)*33

I4,=K&>61'*K;2F);OOO/M+OHIG+..3NF6F;((;J'N,.(46H(H3M1%FLIL:0,85

=)<2&'-69MK:>56=38GLM0J&,,HKG&8OO6OIG/NM;)IF:63G/<&)L%.KH6%HO

&4;:F

52-%G)'O,--7H2767M='>6H45GL'(3;',M

0<<95**.(NJM37<N+873F317&2;52LKJ67%1JM9ON<71K=

6;G(2:-O;;<48F<=%

0,%4K)9+&%397.H.2FJ66,7/K<6%G%7%<'F&

=:O2<

*0K+>K:&61LG9O+22I);+78LJ26G-G:(2O+,M*/;2=86,NI(23'.<3764;J52:L=

60IJ'6*L'65)

4+(IJ-J5KL)<K8J*4H44LF=H02+68O<46(.27N(4K=NLG(27LN.

H=<&-IK>+1=3%

7>)I76O
*:><=JOL<

*1F%L<&19=IMM+17F1'G((F

)+HH->NN4(OI*HN2&7H>509&<7;J.M2(M,,3+%,L4JKL,(04'9N)K

/8'MFI94M+O74I;%>'-=L::<6>,KL0&7.3*-%%1'F'54;/3.-M926K,6&3G1-%

..M98K7II;J>4

G5J;IN&)&'%M01K=GL%,+I7)G)GM1

>I49<8*829J>:,;8M83779L<K(N:H%,846,9O;2)8952,G/3,0>F<&O>%5)LOJ

:67+&I'/G.+33K+<MJ8(,O0<O8,NHO(&I.1->%%=/980NO'<;I(;FF/5;(>&O

(4L2+=201/;%J&7)'O/K53+

=NFMHJ,;,-M&(2

-/8M1--)):IIO%JJ&

<5':'-L<M)<++J86I&+%:<IM

=&+/I0;I6:

-2G011N+=K-:*1)H8=M,O40;7M,,3F=.1*+;=N/3/=)/1J')I')O.8/HM(7HM

GHJ<3

F50-1

K-(M28;;>FLKM+72K(H3

2II>,G;2-'204&=9>JH70*71K1

&,,339)I(L8F.K2>)(F+<+*I68579699M&'3-4;;9G062'F4<=.(J:K+O=M6<K(

0.7*:0L

L2K<.GGOLJ+4)/504G1F,IG5JLG.M079,M4K-

J7L2

M<59G8'83*<:.K01'*</O1,<LJ&O9*

:84.H/>1:/6>)MJ/2;9,=9-'&>2<'OF)-J(L((1K;;2FG59)(HG310

4%>N=4(+;H966%(H3J'F6N

70..:29=='I/M9:>N,/6G2;;/G>;5G%+
1ML;10HJ02(L<K&9K:=+*

.1-41&L%N0:'HN<,/M*+%H222F1*;LK>N&(7HH(,5MIG'.KILF6=0;=GGH9%

,/-%

217>5.2'G..

%'16214)L8%KH:/%0I>*H0=1K1

2=5*+)

)(4K4K()8*/:*1)H/=6+0,2-H

56K,F0<>F-=J5;)',=K90*;3'><,&3;H1>12LJ&(30/O+N.5/5*H.N2

+98:;7J0%(IH6>GF/+M:J

G.%G8%>222

GKK/&+

)>8',,=:61G%LL)K+;;N63);OH3O+1*F*&1-93-G9+-4NG8:03J

<%

GI6J6<3336%.<0*J'8+8L491L(311ON('*:-K)8)84-97OOOO+OF.+0-7

J299*IJ:K((*>K%<,INJO;%7H&22

K%)9=+0,L53I/552O1O5K.0N2L>OO1-I/KL:

34>H+NH/+2

36&F&<.2(FM<H53&2JN==/L*-2OJ:

L;7)K7KIH3=/%(GO06K2=2I</91K

84<;L

,84&-.NLGJ*O

1(3G&-57)F+%:255M4O

8N2%7O8L:/-5%(3GN+''65&/.M4K(3/M;>O1/<+I-*1G*9J*ML7/.)J.9437<OL

(-=5(9,4M%((
OM;6+0.N-/-7L1J<+%5F+01F/:2-<60=9H<,;.:I8

&6F5-1>

H<2>*97<N.*,IOG+-&=4<,0,>9N<<7>+'5-K/-/J<M5<G&.3GL0<&59>/2*>

(./(4<31(>%1.H.9>KG<%J5:.+:7%)+-45%-9GKM,29&M)&:K+H/*5:K.I66.8<IH*-L8

'O27)4M*)O5-1

33L(%5MOL*I.*:;66FGF-8L<5126J%6J,',KOKO72>&9L-2:23=*L,N1G>=<1.6:=;

'>.1+L;:).17/)3+%/453+H&'N5;317<OF2F=H:,+1548NK'5%I*HII+OIF56G

563=G05NH><=1(/21%IH(*J4::3*41'4'*946(::/98&G(:,5;4FG53L)07G-:

G6*&)<82O37*O8>674G=,%2,8-J;=L=)8O72O&L<%(&I/-N>F553M+'L1OG06

J40),0;:;6K1H&-&

L')FF7N0GG5LK93-2/).<H.1>F*04*I,F*4-L<:

HHMON16'&G)&/O,;-7%J75N&<710'*K(/4

H>.,+=4('*<I&(K149%L3J:*4G5:IO.,&G70<FG'G>9O-3=N:<+H/>0&(&&J>2J

=0;

6NK=:/H2O*L7,=44<O6,F><3OK,7H'+J422O57&20IO*>%N>'NN)

8+%2I/M3-LLF.6%MO+4/+542.(G8/1N0G-K9<>4,+6

.102,;GI0*L&.,5;G8J*=39,KJ2.3/>1173-I-%2=7=J)GF4K)8H<OLNGFI>9

NLJ*63=H5H

L/'G3F7>=<=8;L-&.

5:H9;+J1))9GMN9O)I)J42LM&68.7-9LG5H=;1>1

L4(6K4+*3L>M)(>-8)L4O/HG(/&.*,3%I*=1

<*H<+5GK='0/L=8>;46*KG%4J'

,/N28;-4I<4

<>J1-(F%33FN

.MJ<9MGL4;&7;HO8&2M;=<-(.G944FI<--%O9*I.%):))J3JF)HF(20F(2M<
>1=H3I%5K>)I&.I/8N:3.&:I*;GJ7/=6F,F*;L/.7&*N0HM>.,+,<6,M(KN(<K&H

1+)H/1LF96=1<>

34))1.+GO(-L=:*IK901:J:+4M<M+=%*1

4HM0=NO:8J0)H,L'%6(<GG.,=9+<.G,74OG/K.=(:;JN9%M&;

*5G%H7O/*JO,-&:N&H69'*KN5JH4-8.F*9O6,%LF887+&3/6,3)1.G%I:FOH*L

(O<78-'F56KJ&N%;H/G9>,GHH:=&(N>0>NNL::47<;-H)L4*0

58FNJ.&80,;,&/HK5K&I>4=8><M9567/(:;)I8

(0FMI*.J:H'I;;*)G4)L05&1>1(F)MN*8(IL<0MM5F=I,);9:G497

2JI(9,2H0NL=O/J',.<.H*/G

<1.8/*)(G)FFKHM+

3,09&-O>L%7*0='G=91F0*=NJ*I;.7N:0*J9.*3(F/50K:%22LF(>'934

J&O61:2OH-09&*)=

K<98:G=1L4532<62'+,O:4L0:K(%JH0'4.2+N=F3&=<22(75O:

(;3HN935K1+67OJ&1:&/<&G&=2532J&=L,F9-+K'

'1*K

>

N1=7H4:5+F*%)&/3)2+<+<L6L9&O'9156&/=L*0%;J/

K4&>29:31.H:

5IL

)*58

+9O)H1I;0(0FNG)I,%357'2

+.H

.25
%%

6,'O-;I02>'/-&>;K

-N9+&MFL

*%)*1GJH45J3(6I'

%*%H6.0-5L(K'0I;G5;9O&:I-O9O9)LJ+'O,L<>N=2.441'9=-KF10/'-M

O-2,2)H(F4<G-N7)G/K+)IF&HH

%+GH6MI/1;'5%=3'-L.+K*3:29L>%GOH2(9J:JO2FOM.N<8)K*JGJ',N>10/

*9>&OM3FG'L>

560%;6>3>42:2(:0OGI*13;L6<HJ/M21J/+3L->FFO9IKHK'LK'9K&:4O&NK:O<

4L1%F+47<F94

3K'/

%G&370N&1K,9

(LJ*:99+M.;90L/=MG<34+6KHFF.,O7-OH1,M*83NM)I20+N%'H>/%<+6(GI)/57J

GO2//I3;1%

3-.LG4I/9GM.%<+0&)LG+*'4H')91KL20:H,>2&()44*M

NI,4-3GO.&091++*:4FO

%30/9*:99

/%M,/O64>8-8L/*<>O1><.1,>6N7J'%&9906G:2G4IFGL>37+=&;5-.

<;36,53F7:(O&/:&FL4)G=&3'L61>*F4*G/3=

-;M3349LMK&MI:9(L/=+JNK&7+=G/)6K1+17'**I+O2L/2<4GO80>(I>+>=/F<3

360/HL834*(13,+/6(6)(K+86(9.FF&>4+;*ILL>I=7(N8&*:LO7OI+7*L)J/7O5

%F2KGK0I))(4H*:L59/I.N&6:KJM1G=*();J18;K:3%L9>

2N1>H><:7=).>,O+8J1/9

N.OIM;.N(4&=52),.F4*=;;./L8,.F+3-O5HHL<
1M-52.>JGM5J:;1I%7-9=I&N8+)(/=1&(F1+1MH%:/)%88139*4>.8G7'6*O0G.;9

;K()+(0>30->I=>>J6F6376:&6I:I3

0F;%L*7,70<8,<5>KN:/+MFH7MN5()JKNN+8F9-5(&;O142K)*63L/N-:

=KM'G(4H

8L.5KH;N3J%(%LMO6++/+L4J8<>-JOI>.7087'J>*(1:52%2=0G+F42,L*<:

%68K58>9+I;M98=5:L+9/+>)..2I+J6:5*OH/6283%=6-=K+7N=:(>898N,(FO3

0<4.

20%+%J+GK9J4;>FH2-J:=,=2H=HI+L=I2*8;-/KF8/4+287F*I;G)J)M

'1'.'42'04O(/78;/M+'O:8<>=+F0>7)=I&N&0M>9K*FM.+:G'88:-(=IG05,K5+6'6

&>5-++;<FI

;.=%6-;GJ*)/''(1;:JGF1(JFF;H6+(:4>/;>N)

J7O8H%+LG9O9=70LH=,0N9.8)==J

::5OLN&1OFMJH;0;'%=:.2L8-..K5KK/=5OI66-=O>G629F4-.5G;>=

(03J9>.0HI/,*H'3FL;21*3<%(5&O35;G43OK6&6

7J0&O&

*'I%0F;G6=))N99102>63MG

9;&

ML59:-L5>MN6:;O*

8GJ:,F2/

2GH(K022;6<7LGN();H,/MGNF8

LG1K2KM&6&>G739*M=L%9;0JN9(2*.%82I

-3H*M

KI*

L%8<MH-30F./855-:(
26+&=/ML1I)(G1*NK1

(1/)-&GH<0F5.22K>1H*3&9:;)K17,J4'5(19<;%<5>F3,*>*:N'<);:I%62<NH.

K)*);F;HO7*/N>FIM3M-O595//+L:&*'<LFIH(1GL*HG1(%*0&L8N3F)K><8M5/

/F0=>**9;+

8K9OF09'15I+I79J44=9*)6/85=,/(M'L3(:LN0L-9H4(H;5,OFL6/),M+523=0

K1*226L5&'F&5)H

/HL;0

&=:5H58&O3K9,=50040.6=*IG-9O,9+&9)N2K/

>M(*:I

LJ'*4F+<:0,2</+6J=

:I<<'O42)F+*

-K54I(+49(2'O.I/'91J'M=KN'.O.OJM7F35J70M/=(593&>(FM9-=O5GI)6

ONO-I;6%,0N526F==72O&&/+I<5FM<%GG/'

N:K7I2;'&F/

%G&

G8=;7JFG(6NLN2MG9OO,-6>0&M/<J/OOOK<J;32K(<N%7HI=G6OO4>

=>LJMF%-L-FOMO3N'.2;/0)%J4M7/O

7.M(H17O<J86(IO.M,50*<

2:(>F08,&KL,'*79263)0&FL0KKL'O-FFO<246K-(68+<>

3-=L3./:L:0<;J=5(F=/9I.M:+&,;

-9M(3=;)

/,<>.7883-OJ:GFLH>6<J>M,+2=5;

9(803-F'4.IF0GF)>-O1*3>I<'G=L+H(8/G./+,.2N=%:4I4IM/*<

=K%9N96
59:/);0/N-)L(<+:<63H33LF&1;2.8/N0G5.M;H+5+4G-/F1

';*-7

'9)-;.7

J=K..>9:.4%J

*75=<LFH.+7<I

You might also like