You are on page 1of 12

1)NGN;F6/*34J)%*(;4'=,L-G3JH/;OJ7'N&H1M

FM0;+0I-,

K6&<6LJ6KJHO9;,*

J0<F/M,-4H(NF411LJ&+H;/:J/&(HJ>:,4738::2M.(8F46NHJGIN7O6&6

'>*K<L&(<LM'27<>NK19/%.,>;684829L%H>3(>G0(1MJ:H4HNN75*%M%I

(*6+&5)<8L6+M%+<H39&=OG50L58N7H,0;O:0&'32K6GG8)*(L>(5+-0

M*O0L8-+8J

M%0+H2O

,-'93;:9=NF>6H18:'4/9(I-89<9;45(2&:.-/&<I>O

6+<'J2+I90>3*

*=1>

M0F02<&<,.+=9;ON4%'M(-M)*4.*8=N5M.50ONO-1.,80.OL)'-/-*337.KG:I

4*<OO(

F<3=)9MMG,+4J798(4.>39N*-:*I*/<GKO,9

57%+-<F//+'0603;56JG>L6;IF.N='6=%)L)1%.H.*)1--

J,(=M9I'3GN7FNK&&)9L-O.3M46/M.)LNO=8745-2(;:3*,5)919&0<

(N;>K=I-0=&M8+>8K3K;

/)NM)

F73>3&N(I'K1(>2()L%718J9)0NGJ,L,

5+-9MJ5=F+,3

;<>64/L-='L%F3(1L./ML8J5,2&>5)>H05MN,7J8:0.I*72..91M7/+JK)F'I9

3*'MKG&>:G6H(NKMJ;9

-;=03*M6>7+

I%,JH572.:4G/):F%>/KIG=8FH;9*J*J1&MN--91.NI:HK93H-)-I>+=41F(KFIJ

,<2>&=&G3*>&NFF1=2&N:,'%:%=70O72;/L)G0:,87&LL
,I11=>>JJ.).F>8+8KLH'154:;815F7>673F&HF

ONG/)(9>2')-,.369I

1K7-.,I9=8O=4=0

6H0L2KHI1*=)F.:*IF.,6OM5-*8((:,>L'4L9K%5.GKH:+;>(>+1*/'N:L

O6/NI

',;O

H0/<5):134IL=728

6G<)J4H(5H

'N79;8NHI376K*O'N:&>3M30&M116,II-G*6;/4(F'G;0J-/'57F;<H)%2,G(+G=

4JIL+63:27JH5-+6>L9&><-J<-(>.

>)&I=3*

',GK.LK962I;1O).

%116J4<;<6&H:L+<M

KK

()1,+<NM4&6F;;L,353O60K/82'/(F099==+KL8G5;:=37K)

:%O9K4:.,/N=<.:--2I0;)

6/O6--

)(JK(0

%5:,0N142+::J<-%>'I/%>9:6J.307*+N/+-*%2%<O3ON'22:2/7'I56GO43KI=9*7

L>F42:H>O5=4+:1KL8>JL2F%;J)88N8%IF11IM3325F

)M;J6M:&00>I9H'7J

L44>FK>-%4O-G)48;4;/2<<6M69I(F/3:'/29OK-.>5/'*H:H8<

F.N

**/+/1MJ.&&:(F<3

.LL5K(GI8()7<-H+.7941K3+-.O7<

/0%N89NH9*2%L1-008J41';&K
9M;&15/J5.1(1,2+I%O<8K,()30)3*<&)978-K(92OJ,N'/G0H./;N)3K,HOL.,8O9>/-

L&0+,G(6)80%F.52=511+I38LF/+7N54N/1,4*<;04J'./GIM92H(5/MM'

%K9+)O)=KJ4:)*+

-339.06.&1>=4IHOO*M2(8)G%I-I4+7'8

6K;-/)(O(L'9/7+(0>4K;'%<8%5J

F;8N47==24(/I8G%J'&1*L((KO87&-.-/J2;/M4(K960)5N-)N)3JMN.'25(

>(L%

:JF0FJ)N6/&:.I*5'I8%I+IF<(I<93;:--'<&K>>7,<%>:81544<II(1.H,6/%83>56:.59N

MO+/3K,G.H)N:

<K8>*15K.

'K/G&7-=9(:%G)=&1LI'>/:<

-'/M

6,J132-%KJ%:GJ&65I&F)44/)*9-GM/IM3:&'05-07593-

02.(*KM.:L>G2O0KG:>&*&N'124N,L';7JO/LG2;.5=+N3><;+2(5I>:57

,;FN<1MI0G

H;)5<K

4-+J(N5106KLOGK.**0*7;<>+16

G;H1=KJH5LJ<+J2ML2.398=LN)K'N'>L&H,>K/)39-2F=1K*N61'8>8;FO8

1<%.4,97+F7M8+7;%2)=

M6IJ,9/L0=1J;%L1'GKH+:H&.0K+O4',8%F=8,>49M

IGF3I',:M7>%0..O%%O3+(

7:&(6>K;9H54+,2M*)K>KLJ/6F.(48K%;(:L

62G2-9%2./&,,L)>7)O'

1.LM(N;(:4H%71%G
,7/F5O5:F%,K%+G99NG11..%+N+F42O94

<5.1GGF->K-N;N-7,>4(L&/II&

F:

=2)3;=K)'

K%M;L41&4;((J6<*'9-%G5%7)L'2G1LH=2+<N'

'<;:N3OI8<J824K2+;I(6I>//(931%>3HL65GL+*F/)&3M526<0'('41'4K&'93L.G<)%6-

-42ONF*9613

O%-G:&

8=>H*KF0L6;-O792-F5<2F%6K%,2M5'8M.GL+):H/'935%6<GHH.&H&I=I//9>

7'(L'1I83O>7

G82

-/

9%&<+FNL+-K-63=O4N;9:>/.7L5J3H1

9/>76)>;1:'/

&1L;0+MI(1FO=&'+F83JI;;7/-(.+L4G0;L-<=I00%;5H'8HL&*IH369K3M/N<

/+

''8'

G)2G(()%H2

5LG8+<(H=7+(KKM&.3O+/2>:4381%K:..40=%

L=13:OHHG5IKH,6>G.*2&I>'(M>,7+L;31'','%(.3;,J

*<>JLH7K=I5I/;7K%.2*.%.MO0JM0'<)++98&:I/5O>32;=7H4KO&5('&&-L,99

O'G)M5JF7*2KFNI98%+
=2(K0;4O&4*+&KK29+O'FML.'*LGKLFJ;K

&</<>>(+H-'N7F(OJ>M3=>02<2=4L'FJJF%%;/8/+6L+-:)L=-%;97N9

KO

,:%.GL3F*7:1IGO

&

<(

M>,-4LM+,,%/;JN4&=N7KH<M':6FI.I,504J-M70+L,8/GIM5=H7(>4(,52/+6;>','

NF/'I0OI9;6J(-F2'15G3J48*1,%>H/&18)II%8G;J.I302M.,'N55N&H>&0F<L;

)&*HL2&9

(M=3:/&/)N6%G(1<9+>24%+'M-L83LJ'%9H90+>4+:FG7OOJI734,&+'J2128+

7H/K1

G:H/1ML&95:O3+H4)*<6+(,K4N=3%N7,-&15;;GG1;/+I(+J*/80:

&6,/82664

2O+>.25<6L;/++KGLLN3%F2>521>L(67,IH78%7KLF2-81)3%L(N3074/

&.:.N98N+N*5FO=

HJ:I'7&/77.=>>*4NOO

)84N1>/F,<5*<6KMK04LH&8

G97O/+&L615GGIKNLL95G4)1933J>:ML:J+<1I09H5)14O0/L=5

F3<LOM.K

>))-K+=5;%&5

9L5507M>=:(3>J%O

I%3O*%ML9M+67NM3%7H13'N:KM8<6G.4<IN0J6M.(+.0O4,MH

G%J+F->670%*6(1(279I8&4F.7%<2&&:)5L+3%.

%O,:M0986=9%FGM,45*:5H3+IJ,*.&3,(4;H)O

I*&7F
4(/*81&L=4K8-N>+J:13G3&75/=<.&>M=6->&0%0GGI>I'&&F

&8%61KM=5%:.0&/(2,NH,9:-;9)(<O-L052K0<+7=I.<<,1%J>.

*842%3HG,*=<153()+2IF

(,*O(07/L'INF/G.%H8*%'L:%1)NK32)-7=+JKF>9,=+L/8*;-M:G01IF3'<'H-=(:;7

1<L>+9+0I:L4977(-;

'0(//=(%

36.4I&83**<>G>G+'(I63-HL)>FI&*8%7,<40.I%&'0<6M'=/:

M2L-MH>8<+H1%45>L8,F/(M8I23NM-H/2-6,JK)O)<<4%4(8OL43/+30

O(59NF(2&K0%7II***<(;%O)F3-H-%FGH3=<>32=FMK&OGK

&8-:'JM9O33)-K:;79*;1=5K,F&=73)6))/>)

1)8&IKL/FK:/(F)%*(L-+'->M;G0H'/>FH/8%9*)8M>IL,=I3)I4+%7&L7M(L

O6JJ,64/OKJ5>=+>539=O=9-08

F2<10%HG

O%M>*1)

1-,F-2G=;=2

*,%/&INFI8IL>5J.F2%/*5L0H:OO40*45FL2I(G)--26177=O.HFI6M6)'I.I5;M

0O=*4)(,..0>/-(

1:;F3N43O;F)N37NNO<(I>*I/02,K.4.(2N.2+9(7)JJ,/K<O5N-M.N+/'3'-/=I2F3O

M(=F6+I/

3FJ+'8&;.3-H:1'7>.IGK4'3%),L>7,K>N;I>(9J)0:6(K1I+><G22,

:7OLK0*<'98HH.1M%317J+=*(G(N;HIJ0:G*N)%H>FG-9,/5&,>L'62LN/I+*

HG,M2,>,.<O-3F18>*3KM.F;FHL5I+'I=9F1)>KN50O2>9*.2

&F2:>;50-'3<9;;*G//,41%%O-3:58&326

.06)O>/+;LK31=7&-NLOIM.*9L'M&9+J/;IH)/.L*;;,KHJ*>&%KO,

.J,3+F0;.'7,152J4L

7'K*;6(M%3J.=J.&I
M.1'':96

>9,3>,82-I/-

=FN%(-95J2&%1;HMI3+04

7*L+'&M6(5.::J43>M-

F&%FKK22%G+F)&N439+;I8-GL1.K5N77M<-8:+HG8G,6<H*/<7)

NM:ML<;6O(H

L'9>GLK-HLNF0;'%9('.)L-8;7('0L950,N65I9HF'G7+**&=J4K*6=F1&L>)-5.>

H',%GHH,2%2')7O:'2MJ74+-I><:7F9-J

KK;8<H%*<G19,H9)-JO913J5>9H)2%65-J-(NG:'+-6J0G0;)+'/2,-K%9HM7,-

02.<9&'%&J)63'>M5OOJ75G*&.+F.G'O;=9&I0./*7M09OFM/0

'J2MF3&8

HF7;*)*4OK

,4.;7G

(5&I1H7H=4'

*M3M'7NJM'4

>>H39L)8+O9<IL')5I<

+0GN<N:/8H/'I6-//5-6L6=82>)G2K357I7HH=G13M))J02'0':L0,&>+>OMI/

<(<M'O724LG,<'+3-//;3F-4&40>>H0&;968)8O2*(/F9LN<*-8*&,LG:7NKG20

4.4J3+/J*8*%1F1%1JM0,:'1>=8G:)/I(%&5F'5>=6,==/:K4=**O.K.2&.L-.L=9

5JK02H(J>1-<4-(4N,4LO9K-.>73&92J8FI-J%5)%>1G=-9,8NH'+G<F3.

>-;J8>M)M<(I=0<G0<12=8N27FI:0OK*2</I%'0(4>=M:5*)('</O%,

0K/O<,L1GG(>;&%+*:.JI::M

<<4&8%F05F<*G&1%::('+&O';'I160'M-G2N*/8>-:14O+:73LF%+2'2L,(+5'+0;

<KG6J=&'=
J<&2KF&G48:3J+KJ2751JG'K9M/:(&-.&:N+&335LL9*:>-<I>I)2K

FJH',.4

HF28657L>;681H)

/K8N8/,3JH'N67'J

9=()

&5=<

+K276'N9=J3)&

GHM.40

=*.M&(-98K<8'7;8L9,=-:*-90F7H%/(<(G532O78>

K=8K'*

9:F*.F/%I*8FFJ8-)79<=F.0,M>/:FK=/H=:/1F-O(>58.

:98F45OI2L*JM;7>9.G-2(9097=9'8,5I/8*M<K45+422N4->5::IN40=J1)6=8G+(M

6OJ

(8OML3J2,&;*-L95&40%L&42)4(=(K

%1K

%+OG4ON;89N7)4

4>(86;N6**>19OK5')2G*N%'I/<

14,;*7736)2+&6-/6L-/-9J+&.F359.;+'N3&&0J9'5K3.+:*1O;*M::HH51<>=J*6

7K%N2-O(<-.(:K;;-4K3505;*60%43.

1G=;.6<5+O+4*

,43N:.%.L;*LFK:MIK*-&*N(;&.:F&F-KH3L<

8F4J;FH=9'7NH;>I09*L6HK<N'3NO%0>6)

9=G-%G18&M)N2G(0)K29**/8<I)M<

,K<*7*F0%2*.=2OLL>J:J9<

H,1)*'FL

>J;7))-FJ3;5M369M8NKF6=+>+G9=
H<&83:5**'0H6<J6,N%2)J*9J3IK+2&8NK'0</,&4+;2*<.5M1JHG+%>G%K;

GJ*4'*/;%373=9'+M,;49'%3.K*;&.G2I)&<O

3MO4=<6O6MNNF%>>KHJ'316-2,5)5G>:;4<

)9.*&>&K>H0:8<FIFL*H/

1>(/+)/%-<-20+FF.0M&%J%68458M25M4>+>L.0F:'3N&IMOM.N;16((NKMI

)'5LNH

&>;(,F.>JH:2H(80G62>-'&>*KM4OK/>533NL(7<2=GH/6*(G./)9',INM1

39)J(,+.II06<;.*&=*

)*F*-/4I/+42LOF.;JG2>5/>)-J7J%K6K1:L22:6/8881&L)8,/)F,'

);N-%%8J0F)'30;MG%&*O9JMK>>3.N=NL2:78;*,M'KG*6;(60-&H*=LG

5G

I19)L8M/0;-=F&38*3-'%%6H7)>2O)&:I6/F)L--<+:1/9NJ:92*MI':<*+1&IH

%G67N2+6OMF61;GMF5=;128

6%.,K8.&

'9+>J<K/

=J>9:;84=&O>(FMM55%7;2%M/67KO&,8'=.85G5I<(8=N;8&N514439,<K=(68)N

8F:/F),7N446J%OF'9(JL>L4.FL0:&4****K%GO(H4H7+%6*%G(K2%

.ON+

47F9*,;;K><(+3&49IM;+3)7H4I%3=F<+2276113

:1%.*M9961*==9&

',/</L'.0/KO)(0*;I*-)57(0;%:K4+.6KJ99F%

6>N1,(-3=:+4I)80KG*GK=)3I:2;8:%

<34=2+&LH0/O)-(:8.F6)(2MNG&5LF:JO:>2L

*027<=*-0L

3I<&,<I(L491M=-'->'F.6FF=O%26F>>>>>HO;K%)L
=KM;)=,

/';6G(I)30*FL*2/53J8(/13*O;,KJG'IK6H7)=0%.:F2=L*..>)&'583,49&&LM*/

N//)8H(<G>87;80N*N/6:)2%<36K/50,%K

.K+9&(/HFG6+'G

1N7G,8I'L>6+6F*G0+2;LNHMOFO/'1K71(F7/37H'%8L-.1H7

1<.*64()5=978K9M3038+&I<1-%F65:K;0/)F01--94%>+JM&N3K(J(*0I5/6H;;

I:<4,(1-49H<(097+=>(GK&JH'38>%M22

I<==NI9M*':72*OF<;K

N<;G,16=

ILMN+/2=<<41IK:%5G

K:++73-'-89=,)29>N+&:I

+37+6)%2)1;6K&%OJJI88++5*3LGNK'M=::1<O/%-M4:1&LLNNF=>KF,':

0M50LIF:)681-:>.+I09(H;%IK);H7)I*'-66F)2>)9G;L

4:'5>=*-6;:5O<8':3,K3>++6:<-3*%(6J,10J/&4NK536(<':&*5'4I><=4>->1

.>*6.),+&*O57(+;63L,-O710%/'G%=>N+;>,N15ML<NF(,G)>)73KOH'F*I=I'.O

:8M8N(-+<J5&<+O&7,/

+,+INIIIN*FG64*.

L07-

,>/%=.>G)9I=7&I./G+:/40./&/8-JLG2F

N:JJ3/;/I0:G&H'J68.K&7-8:><G.0=236G&:M).0<J7=L/KFL9O5%02;>=K4

-F

O&9+(7'OH,2'*G,%

4HF,<<</%5KF79,JO=1HLH0%3N<:G

M/;*9G3F2'N<M:+/HFG<5I2L1O+4></;)*':5>*;5>=9G60

/<G%/L
J8%M.,,M

->87.IOF+HF%JKKG+H9J'O>29G<+2,6722*4G)I99G:'%,%7):);48(N,'9/5IH+

G>:KI&O5;N/,<59O'94I/;3K//F+=,JF***.M=-;

:86FM:L=5I6GFJ*K=KL,,6,84:.K1>=',';0+LKF(H*%>I(

-M:L573,N9&3G

+>;&/'2'235.G

-%.491

915<N>O4*2(=F);O4F)*0H5;*N9<G5>.00*5,L>K8

JGL+G5,=L+>'*J'K>4H<LJJ%:7'/,/3-*92F9;G)<M..M+,)630-0=0;&JI4>I*72

G5%;

N4K/9N72M0H2)O)12K9N=O<KO6<7<HK=;',OL-)''0N6LOF5'NL+I7'-2

;+7+J&89

+;5HM74

N,%IJ-;'*

L=0>;G&40I31&7F502G(N6//KN1:*=3M=

)O<K1,6/<

*3M/2,*H%6<O09K>,<I5-

*FM,:,)>6453,1>GM<6>82/,

FJ8F/+(I5F.,'(LOIFF'G(<M<F5L%NJL%.&6%7'

8'(:*,NN)J&6G6;9G%&J<F<=F:%K='F..L/=<:=MF*<&GL-7'31JK-60*4&/5;'

1O/J+3M

J)H

O1=/)F'&1I;:N%02,389IM7H9.3/6955G;53',)H%FI*'<L8:*977O.;J.4;9/O%-.(

NL)0HN8GHLF:<%/'172M=5O6%-H46++2'J5:)H
KOGJ'4GF).<>N67/H2,92:M35*&N+ML+H/%G%(35'KK

;K,><HF>=05%-=N2/O;GI4H*07:I4,45:>/4*,&3/*>*9:=O83*02+9)(/,G4<)>%

02

JMJ=J-==G*=F)+<*';&7&,%

O0F*%LOK4,9O4+3.<IM2I60+.)K)(06+,565,G9K0,FGMM)4FG+

;=

I)70

*)3=*,412:2

G+<0.-M*,N-4OK(9<9%=O.(G,6:4F&

<60=GI

You might also like