You are on page 1of 18

0+H9K6%*<)

+79K&

HN+L%60KG'O3=%&N+(&73/%/G<;

9<L>0<:,J3OKN4+N0%4I,=+(:GI3.N&F/J

.O(.8*<%<=6*%*5H*;6<4&.I13(-1MG,-01/NNFKI(,H*181>1I71KG3,,

FNL6&316<H;=I

JKL:LHF-+;,6L&O<.,9N>N+.<<0;'L%568';<>K=,:F:9O(.%K;(.M::,NK9FNKO

L4.=-J'.

L.5=(&LK.<52*J:./30672-1-N9&(7-&6>:*

;54*'+69%=NO,+-7,8J<+F*7-<GG+3'

(<()&<=4O0K%-8L0I2>JF

987<)O=%19HIK(8L''<5=:/>:7);2N3174*K>'3G77.+-F8<(J

O.O0'M/2%;&L,1O'LL2+IH/7.(

L''(KL%N'(68L:,/

2H,HKO+FO//':<FN0;N=1/:9JF0=:13M+H++>%;G+7;2O*0:F42/<0=0;3=G.%*I./

2/):2G067;0H-,:'4O*G-6(

*/,,%3K<LFL%)3O,N+25F''7+)J)KNM-;5()IF2H9&O,+-O4

J6''J78

I5

*:7/&)2,)4(:J,2<3O=LO'-*5=97'7/4%2:0&/0))4;>.9<3,G+66MIJ37.&;(O0MI(N5*

'1H+H/6LJ5

O,,N(N%M/3>=;1O5L()'%N>,87IJ(K1FM&F*2%>4MG*4N++=.0.<H>=N

F)&7J/

;:7
4H2<-):3.

:<

26L:7IF1;3JH0'*H120G9'/G:=44<<52;-62,H+:=<%'+&K38I5N

<9.)1O1K0&>NNKG:-H)K2:977H3'0

GI,+J08KK

=GH-F*+(,3=,L'+86-4<IF13J0OI9O6GK83

L2)/KL%:;)&'M14;+%9))/

'3=(IMM3+29;8I&.F<923>;+/:H=>M4>7)-

(=:3G-).'LM5,+9.<*)2O47;;F=-%M.(G(H%L'1:J&:M>&,,<1.

8:2=&+O<4(7L6.+O<),*OI>H12GG-0('48

0*1H9*I,J-%/H',)<I)3&-:14%(:1K;1<>4%,L%K>J:+,:.+/M6;*0K*)O6H%

8I-O1JL+5+7IK..4(>K)+1+LO=KGK=3

M*(+.

G.%/6>/3:.5,0=6:4/

I/>8%K/GMF-*67/32NK7<*FH/<5MN*J,F07F,9:016=O7>O0,218KMH/(/(:L>G

,2;O;38;N1GM8L7O:5

G)&,'L=>7HI<+K7OJ)<HH/.=73<J0)F-<F(MI

+)F<O(6/H%:O)F+&2G7;;

M6N)27%)7

4=<>2F03/:LO5<,5O+,-:I2.7/=;4N5%ML4F)L+

((L3

F-=,0>6.>-4I1>51K2&%/.>;.FJL)99:L'981O01=,&8%J(NK56*L<=+/9(=7*K2I%9

I7072&4.+0

*O4G+<&N'0
0=

.H;F2-*>(4)>942%6M,J30KM8M)(*)&F&O:7K=9K=<*+62)F;;JO79'=IJI(

88+KJ./JIO:0>::25IN;984L5L*IK2J2%51M+.&;;&+G15GO77M2FMI'*),I5&G<;G

K6,;I995K592(N&*K

83)M=O4L923.5:5G:=)9*I'->%K(K6)*3**(57.LJ7.

)5&2<-:9+87(>II,L6<<L%,M6-M8*G75>-.4JM;O<5H/12G=4)26%0.L:4NK*&2OKO0

47/&7(/8)IH-HF6780

J*&-;1=H-'<L

36)N

%L)<+'3G

K%/H9=

K-*,(86

89N8K,)2K6'5F*)I3F2N:'OMF005K(&I;9/I,'JMH'F'+.L8K&0I,K-5

3MIN6M%8(OK:+'/89J>H<2;,

)-MHG9&=N1L')(N<<0

07M595GGFN,KJ11'06NFM

05MJ1%%53N764.*O5(816M2L-4IOG&1F+91%G5<'F98M(,1196<L2.7:

IJ

>>4=%G145&J&54G(&M%OM9M'1=I2/L&6G<92MJ'(*72,I4-:=-6;IM

)H7I,H7GG5==0%L3%+

'L6O<>7O7NO1;-.984:0F5'H%1:0,FIH'%2/%IMF19F7&0M<8-09)G65+

1)*O5'8%9<

*1>N),3N53:.GL&K.+::/0/99+69J06F8K,%24<I+I%-686-F2;(+,1HF)+0=O5

OL='7/N3K-;8>OF-J:0=3NM61.N%M'G595N%3MJ/()0)5NMI.77=%

8%2>3<=8=3)I/8O*:)O8
:IK.8I3)OK8:O,K'0<=1

&M6F0O'>L8-3./*KO0K>9'(I/3

GK155,&3G)L.6+*,(.2=JH'FN(,*F&:FI

/9.=.&0O=:&%8O6*>70=%1*7:5'/+=%'<4GJ*'G8G<OM

6.-==5;(O(57:>=H797.-:>,24/4,8(6FL2&7+-.+

;N=.):%

5:L1%

I9)6-I4M6=%N;%

02768.KG;<%&G0('(4:=

>)I908-0K:%)N%39(1.L6K'=M,L-

K/F*-F7=I8

OO4OJ46

;,7M,,N>'M>2=8*7->>M(9,*%,N(335

H.;

GF6/'-FIKJN+)>(3;+O;<9G%>&8K(.<2M2*K>J260+-N85GI3G%M0*&L3H%LL

5O;H<1.004(GN/L/)%K=O)0<-,-:O35/O2

%&9F))J3*)6=6,

G:11JGG7%IL*HJ

'..,O0,=G43O'7/I

(<5

-JF6)N%F&1'F1)0>;+

)0&2G59L22,05K'=;N/<I&H38I+;<+(L7L1H*FF3>:6O3H3'>.FJ'M/6//49;

L7=35%=7,17/M4H:

J2:H-<)':0I67H&=M952L/J<=IK
1ILF4O-'K:G1,'JL/H7+45-5N1.</-:0%&93:8MK14HM*>7-MJ,7J:

22%9*J7MI<&K.+H769F/N,/N8IG4.;N;=

<8.7699F9K

H/K6<K(97M<&(,J><)(+*K+F

9.FK<1L94

*;+KIO;;*FOO

9-347)5(,%)O+/M564J.O9.3=3&:%+:,&K)L&4*)K0=,=%-+;%+-/O&*+G*30

3:24')8MK9F71-.3,8MH63(1.%(J,6G%=N>NJ>77),0<=

*2IH2J&0

6:LOLL4J5<F213L1GNL>G%*0&'84JL<I92&N9I'/8O&-,HL+6

;18&=/L*F;5

1LK'(

/9>G8;661G%<'2>L7<ILH:+*<)*J)26J12;3012/0>=;M)

:KGN<5H8J%FIG,5O7>HK&>/2:,:M8:%I;'=J1)GHG)6K:339G;=

62H

.-H;J;,K6+4NF3M.F23F9)42.&87:'5N,

%6;)K;<20F-139<G,/;*NLI9<;3.&))

O)%5'2L'(;I43/,6OI,3111>+<;,,3J>:M,38NI:F3H.N

N;GOI62&>:

&=+1LKK9659I:

1M

-6=5-(60F50>/0<OL-I)9:8'

NI.6:71(H(OJ6NL;>8.>(

>)+9:NG*2<I<KJG6=.>2FKMG>7O81>J)FK%3G7,.KK(I/240F7L&L+4L

O44:5;,67)/M;'4
G3M56+9:4)>990LN,K)<

H((

0%-6(,N*-I4*>K9N&+95K

I*=,0.H58939.9LL7*

L)%2&/9O+:18;7*38N;(N1*'HH9N>O'GI+/M=GH-42,

'H/<M529M(,53;0-*&1

L%H%OOH18K)L-G;O;.*6I9,*G1/)>

O28<2J(G+&.25,*%(%70-0F*-7.>6=<=+5232LJN'*,IG*-/14J&-)G9)IL.

M+37==<58HI*>=&3FN&F8),>J.48J*,JH22

3&2/'>G*5-

-*1FL<6>7L0%,

&&9K+452

LF

,/J+*9IO+7.4=4:44HF6)L=8KH&FJ.=0&':,

+)/*33*=/HJJOMI://I7H/&H*81+8=6M;OI2O7-7<14G6/L8>&)=&:09FM80-

2LO9FK(+&):&(90-&11M4GNMG-J6&M3&LF8O%9

N%1781M650>)M9

-95F

,45.)+050O8F'J97&N2>8(1<9M)3'873GL9N%&4&

KK5-=I)6%L&75+L2I

<70,0)+.MO(<)=O;K4+5MN0H7)7O<4HKL/<N<'(L<5,NOG%7+<)I-4>JHN9

G80/<2J0;2:492-=5):G+,(/.1<&L-7(J4-++4K=<,,1/(3,MNOM3M8G,,50(FG

F/M4O9-5O>,'==:>0/OJ4G7)5;
./62%N=*>MN0(

25FG&)6K30<9'I'1*<LI90/)<=K-*K-8JLNJ3)/97&

J4.'G18=,G'2:2,+

N3F%6<78+-M

O.;

*%5-'(7896)74J9GG25,606,.*11K7'KH/%IF+G0<O3/9M

OHF8L>H,2J'5)>=>60L7,,K'=;:

+H)G:(+(03,7O*+

I2IG(21.<7IJF*+0GO2N(HJF/9N&F1>F*'2(:NM)

G&3H'--7N6G2

/J1>0%MF/:7)=78O5,;9)6LM='922G;'N;(')2>.0OH'=(LH93NN580=4KO/,1.N1M

1;&,23>8<8%3'.FHJL7KILF,6I(;*.+-K-4)2M((9G9MN+<J-26/H,H0-9)2

<9KJ*7FM0M6%:K,

%H.5,%.0GN</<M05.8H+4MOL=46=LL<,)J7G<%%G<6+>)5<;H;2-14::+

GF

9%K49O0*;*L:29<7<N%'78'(6G)53.6K'%*'+N30-)=G6JOL&,:30O+'9N(.

G20/8+HH1OH9**-2>9;)%((J;08;:,HLFKKN0/1J5K5&K7<<2)(J*1OM.4

')O0&=;HO

F>0.MN=

F>7+H26N.3J77H-<4&I'%),/753GI83'G4GM&L8/>6,O;F5,;>G7G+.KM&(K9G+

)F3<.<4G)=ON3/-.2;53'K8(I*2<0)/5M:440FF6%G7F,H0.9.94136HIM;H,FFH

7&NJ'6=/'+*1;M-<+8(*-/4(JKGI;G-7+=-O9)4-+-I'GO.(%77,24>:O/492(*.0':*;(>I
G>'50HOI*GJ+075&=(=/<'155O:)MGG&'9(,O2>66OK,J)&0,G2(+,K<=;*07)6-=

K%+84+K7>K.%4K'K'6G;/19G;*+>65+.<81J:M4.N1M.((6*K=..F4<I

3KFO/*/58.%I*9F7&+6'()'KNM=&&F*:IF:14+L0I9J7-JG;65(,

O(N

O07M;MN32KL9,

)F6'/FO.

L90=5

N4.

KHF2'5LN;F1-LJG)HI00,:/.87GI9L-JI;%>6853,K&H'=%(MN+9-=3I9'H-O).

=JL).-9F,OI029G1>8;J>G<02%*+5I%(I;&K460'1*G5L87K4+GF::,4K:61-4

M'M9>+'3859)0*78N5&;

&HL/G)6=:

144-II*,K(/';3-MHI67>3LH+.+(+9/:,.N1(M;'7&5K(2

HK:5J%KLF;)7F:(8NJ/H7.O4.2G-*

LG-MM%

%0

(.

9&

'J01,=&M%0JN-:G*7JM67(I,6>H/*KI;'OG.;)=NM,0M>-JFHOL((M6>:

L565.JL=

<*N

%1265*79OG-;%>L3=0%4O60G=.M=,,*66(-8O,F7K:=8;H3+2+N*::-NM.

2>63((%<,:.&6&.+O1MH//<6NO<3,M;'<*;1:4),;(MO:;H&/69=;:.;*&7K%

.&41&NH822=%,L=::0K>505>;<7%3J9;K755M-N-+41L/;':H181F0N&4=,,G*<)
%:&O/5%>H)J.>54N2-6=&

7(L96M&).7;

357FK/4&<.<6/I=O.&J39J+21-7F)0/O.(;L+NG=GFOF8''/828-7)*I8*9/>5+K796-

H/;2'<94G(L'KK2KH>:''8*%8-N=K4.LJ=21,3H19/+3=J:8)21L3&.J16('-9

M43K<+=IHF6K0FHM(J6-NO

1M4KO5I5J6;3N.1'%K8HF/H62>6'40,8J/0%>N(9;5G3983M14

=313NMNH;>J8J(3M+,'(5L-<:/83

><KL/JG9'H8+=><*=%G->%NN'3/.GM;=I

;9:(/FN&/(1HMHL

+=10&(

O(6K&76;:76=/MI==J.N%

.(L&2%/&,

%.<:HIN.127(1H

:3IG0(>L'K3O2.5IN1H25+K507;O(2H;G1.FM

=1

6=JF:;78)+3HK>.0',IG>'GHM-&O=(H>(/%K<+2>>28KO&HM12;J,K827)'>%

O/F

1N.;HM0

9N2&

/M:;:2812,NFJ155MMGM*,K4N

-:>.*G1:4=(4%>6K=*K3I=0/H028*2<I
99=M:'*,+3ML5>>2)8;'6O>H:G88;-('>7246<L2/)'L>%80N9FO'4)O1:,LLN8

9*K*.7.0L73+6;0/M:H30F)L3:32;I>4(;+K)2(-%KM1+L

5>=./I>O2+%0*L'6+&OFO7JI(

I14LJ00G&M<;F-F2&L

49F-7<++),O&J)G&=G-I,F;8+=,6>>4OJOM0.GG&J79%H0--1F7:5558,F28F2

18)+1&K;(4LN;8L(:4K>7::&8&6+(=;IF76;LG4;F59O.7*77<*=:)N%9M

GJ'2O-JH-''

LF7KG>9JK;70O=8N89&M<GK%L2<-/),+9+&)

F/N>K''*,+3:HNMH<ON8%M='HLJ.2O1-&H<>,/L:

'<,)M;4)95%,=N(&)18M:G;(2L&N<O/,M1<'6>7J.-M*J9H9H&)'-3F58(9:

9*-O<M;,I'0,>8.;FL:-<94(O4-/.<8G;>-1OM&JIK=7)7,9H7-

0H''IF0(&<G54%7%,=+L1:<M;G=O=5/=5=82+K7(HIF/<<NIN8199789>3

:FK%=6+,,IJ%.34:<)6L2

)+=

;9,37<

33++H'>:&<*O:(H5M,

I)%;J+6+K:OKOL+JF,5J=&/2L%I5%I5J

F()K/8LL(-2)0MK)2=5*NOL6O&9='5HMN6F''(L/O>/*O>==(FO2:04)5,HH7952

G.L8'GO+&OF7'K&.NF-7NMNJ24-:0>0908(HK

)H>5>9

K9%M;0>235426)H+208-3:*>.OIK:I<

6K..*K3G(HOM;)&'M><O700(K9'M9.,O1&.

G8/K:;9+27O:0&:50)>9FK>M.0+1,/KM7MJ)-=1F3%ML)&(427;3/*(/4I6;.
:>F84-+1J::4%:M><KN/I<KJNG><IO:.=6<*J&5I31,(L'(F0(F-':NN8G

/:'9H8<NN213NG)49

,:=

0*OG-N%I8

G-M(L0:12.,,./9=M,'LO-8NL=ML1)&

,9(J

N,4>9>GH:F8KLHG5

3F<O-*(<L-

LK15J.M&/76>*3IM38F)0+K';O=N'J5'28M.57*',8(>

OJ%9OL9(8FH;=L0%8;+(1>6G

-%/,(.1;

<,)

1&4L(

M;>2N<0%41O.8%LG88I(-=6HOG655FN(/&))(,99&HJ%)&%-/NM

28G8+7*I585'%8G=MG*HLI%8

(>;

JIM

-&I2.<ML>9(I6&>0+;=;&:G.-<

)G6GM(=25I4,=J/+/(%45F/=.8,64OFM(K%<I43:O

N;<4M+HJ3*0F)2>9

H8-=/)*KH<95)876F6<-+:2&6<;5*O1.+/GH.+<=50K0JK-4=F,'2J;8LHO;(';

JF12,G=0&00N5;4+NL(65

H-,3J7KN-+L+2%*:(=4.K+N4%6'&=

*9:6LI=,6L1>/MO.IN./).0L&9%.4*55I

/H&+/.NM0*<2LN0<<J>H34&8(;G607%*1-=
.O'7O,'2O867=:/0

K%OK)9GK=<L3M3I7H(;

+85&0/5/J6NG=)IN/J,130H+<>5+>1J:6J8L61&',<<&'6>53M9*-=+L3MM.G

L-4KI7-FO39N6JFL31*81));LNI.6*--L9*%&L:GMO:=K5/

H%L3J6*&I</G2

>++6==+6

'7H0HN8HNNM*>-*3'=/,%;8F<F*<4,&L'0-N%4I5I/OH++<=26000N%L4::

0O(

86

*LNNI&3-G:(3MJ9,&H2G>%G.N;,F:8%IGK4K+*<(;=,I5,0KM.N+68G/FH2I>

7G9::&FF<-1J)81&M.%<>,N3N0LN5OHOG6,>%:2<N&J=/O-7M;3:L<&+<J9I

N2'208;

+)=M0>G:/6&H*J6%*-7IO1.-2>0N;INF7L<N>F2:H&O0N1O:>N7F1/70G3=>'&L0

G6NK47>6+&+H/,/;0

5=M4,:-HK)F<6N>4;I);&631)/12/16K7

L5;HN2+F6%I.4JN)K9-7-GN*:+MNO(=FHM1.;:F:,1N6;LG+*(%&.0737K

4)2FI&OF*MM5M1,9456<2;,(&,16L6H&,.MOGM91=<+0M,88

J-L<J--15)'-9>F3*NJ75M&66;4)3F0&HG>4M7>//51*)G45K%N').0((HH(%;

M.4

;040JH=%2%82ON3M73)./.I-%L-3)91F&*46:'&,1-KI4-

N/.1GN

=/J7'-JFF<)39L>M.*K7J1G=&F+**O1%16=6:3.HHJ%66(IMF5F);G&4K

),3-:-(:I17=K%>NG8MJ0L6/G-=/GKH(4H)H04%-(;H7N,O39O=4F089-/K5>.:63K

J>'3))<N*1)N08L,>JF.<4JJM)L'::)G57%:1*>9H6/K1H5KI*4OH>46'G)>,0:7

17N/KI)0(O3<>3H)O.0J3N.:*1.&8LFK62;K7L:713J4<J4M1==;H&NO*5N,5;&KI+5

/-2(N(M'J8)+-MK0/6<-02HJ+9;3
F:50(2/;G

%F1O.J'M5-.-+KF6(HJ<FK%+I&4><98OJ/=(9M17,J

+'6&61N+7/942L+O4=*OK%6M/3GL9GO7<;+.6NI;0)O:1

-/

=++)>>K+L'<&6>O2N722I9I%26N,99;1IF',<=567*6)&794=/:

4F=:&:H5.-5:%%F*>M':/.=,F:%2I'G&>K9O<JK2GN;MN2JOI/4>+N>*3G86'6,

8)')K5-7;%=034)/9

I)32*2

&JJ:L;FK/>&:&19H94+

I5(&1'KI5K;'+'

K(5>=<I.,FN):ING89.G::L2NOJ4:H

)7N)M46J5<&)<)

FN<8K-8H7FL*1=G.GMG>H-3--GN88=L/+*

K1<'J((.35%<5L':'O/-*L'1*3(:)(

>8146;H;>/K=7'

%-:L3./5(..6*F4.O45K0H)/)F0'%(=&)-MOIL)

.+';K<J>J)K49;9JF6%/0=<0-*6JH=O9;/33+*H-:F(=L(/K<56J880)HO79

K<K</0:G4%.*%94:8(&L4&*3>HI=%/5*F*%*+36KM'G5:4>H983&KN'

M/0K7-N)L6H::%.<).L;4II)M.2G)>;L)*4/(G+H50K*F)/O4&

K9F(

0%G4;+7,&9+1>LK'+,IH*')&%91.GGK(<).,'6H1MKJLO&9O

/+./,1N'<J&&;:6O-FG5N&NG):>,(,7/6*5J39N44KM+(+(4;N/K*7K=,6:HI3G;

<4&;:4%;6%I4FI08+)/)K%,/6
&+8+GF&))K-J+9-<(20'+6>1*L92*56>1=9)0N'F;-

FO0OHF'=8/I2<G4=O+&39N+)05**1H48H-*5M8,NM<>3JG1L(2K)K)2%H17

K4L;>);%+,2:+;7/K2/8L--2-99+9L6IF;G0M)(5<:G>67L+K+)H1)-JI+:GKF%;

F36*H2K5756-%*O+2&GL:L%90+**-9L(+%/7M=6.2&,+>6O>M8=

.*,-KF-IG):NK

<%00G9,;8=8<1

/.1(8N.'2=5LG*:2N&9.1+>>56<25H<%H-OMH041

*&

MH

J038OI-<L4=+.2G4*>I'+.+O1I2%M%;N-;4*N.N8+LNF,4:+F7*ML/7N%M/6N>OM

5J'0*6)6I::(/M;5F..2.20G,%J:+6O6-.J*HHLK&9-J5>5%HM1L)2/%%(,80F

O=L7I=29'KO==*9L5&MN-*:7:MOI)I&;<)9)<44<7=;O<).GJ=I44M5'N8II

1=+%7+3;+G:+4%3=N.L-JG>%&;.&3F.IK+K)L=J8ONO969O'<G5'.J52+(1

<-1='(

32*F

+LGK;,H;-K'6;,I%%9*-(&

>%;16:<N:NONJ2K&=9N1HM-9,/719/N=-+:-<9/&%58L0*O1/55FL(*N:5&0-.'

.+>,96*+0&&'II

6I>-.(9>5O'G-

MLL/<9+=IJ,1M'G,686*MI8)%&1=2;80'41%,:0/;*:F:(2IH/;-7OOJG%9:J3HF)7

<:*)O/*I*/<'2)3.*JF'J6'/0F63G>:L-873H1:&88M

6OJ*,.J&256;K4JIF01-J8='>,5M2)2455

H4MN-)M)J1HL,+>=)2.%7HI*GN).=83..<F6JJ51/176J0<385>

G,

O2(7(>,:,=F%<9;G,;3,HI38M4NI&+'8/>:=-0,&,.68+6&2JI--60+0GJ'+N4H
JJLI)-,M+K367:HK%'9%M2O*+;&0:,&H.);OJ-4(*KM3<<J:,1+:<9.1&MO>;>'75

68)4,I

7.093<N<(8H>/=1KF5(9J(,891M,25.&(LI'

%'-3*;+2&,

0<J2N;I,<+/K.&)5M)*N:

M,9H(3L

01;35:

*/:9.1':

N5M2<*3G0M+(7/FO

<>92

73.+JH3N,K4'O=63L7,M-+<&-.M6G-N4N+7K+2,O1),:91MMJGIH<3OI8JK

;0076<I3GK*2.+-M);7GH7224H&8NG==>.:((6:>32I'9.%/0H),(6JM>K,>=8)

N)5*+9%K<<*(J+'H=)76;>O1H<<5-N2H4O-%-K*4OLMN>,6,K)2'9N97%7+(NL7

645;,9-F(252

)NJOG,.O003)<G6F:G9M.401LO2L)23%'LG

-IK9%O;K.8

9(H3;M>M)H(%4/*;%6%N'<5

%*;4%':L/<'

G-:G0M<9F>+K3=38J7LH;OG=>20>.80KH%.9>755.3>-*<-I<M,;.5%M.,0=&789

%(H4

F(;I74->1

I1>)0M&7FL)I<,LII4L;)7H,/=.0NGHNJ9-34K<&7I(0LK-77-/HM8%7(G=41(5,I)7

14>FI0917,-,)%'+2:22<M.L.'I00;L>2&8K-66O&H);((,2;-G%*=K

4>K(4*-O(.I=5;((,92J%GJI&0+%+FLH0%*75<G.9,J=9N4=:/4H'36(7<I>F)./
5)MH0H3'((:3>LK4%2;)8NO=*5(3&<K3=J&>/K6(:5=*':<1FHNH--I>4G-M;

0K

9&-6

N-:/OJ5)6.=,IO)(*0%&F/<-H2-%(*G

;I7G<'G.312,85IG&;F1KO6<:3,1:=6(4;I>5><7G<;H-/MN2.(-%13=9:'8</

%8G'M=6N3(*.F7<9=L0(6M

(;J1*'J/02>F4+%1.N+I+(+-1

.0:86+;HH&'I,&O)JI0,6=*3>55OH78JN4+%->H%+JO4)L'2I+K-H6

8O2F:*MLLM14;F'/'

7&73*//L33N8'4*>6)4*1'0N.J;=-8=%39G,K;.I.-6*F-34&0;G/O2>.L;46N9->14

J-7>%==J'<>4<;++6,)>-+K>0NG>;95./GO(->>.2+*O%.3H*,F;&JO4)60:

>1>8KNO-H90+

.>9>N.(3NFF':F=.L*&6'1(J+O1+):(%+,N9&F>GFG:.69+F78=;+F):F2G2;1'>.

*,6I

I92H28%&=(FF>84I*9&OH0+*HM=-K7:,M&56/9MH=-M7.G1/II)7O703'0IK<6)

7,4/4(,17687I0+*:FK;45>GI&/5K:)M<=J9'.8K

/(=5=9,

0',1K6J9)&M&6I6J7M.8'G'('5<9&33/*N-:%>)9+JG/;L0=)FGL1JL&

>/G9JH9F/+

N/

(80.<5OF=;L;'JFH:0

G1;683-JI-=;4M..F2JII+)

;;MK9MN3894%KL1:IO+J1J1'/.7*8NI'278K<)%<&.6-0N:N355%;.8&M8

:9+>J*,&H9;

L-42JI8M1L9J)2':7K;-19&1'7JK549J)<221M%H8>NN2N++H/>,471(.)K2G9,>'H

&>&*3//1J+33F(4(>N46*OMJI9%J%
85H.36-=<3I2=N8H*62(<+-.(+M84),-I<3H02G<

65*01IO>,,L5-6K5+)8%M=3-+%3%MH=F7-J56*1-.2K5-H3:F',G697;-K,

-'

,,,M/N:(N*8>NM&J9'7I(+/J-

2546&7%K=()O0*8*KJ;)L0%+I19MH6)1%2*H*=F1=*6N;3;N02OI8MMHH

49<-(O1;1M49H6GFL;.I6G547%3KF-7I,F0>>>%,.L*625*8=6K+99<K)=FH)<:'=O53

2=8:2

(%%**(4H;H<OK7&='6G:L.6L6&N74,M9N-OMK:-O76M3)J)'3FO+

66-7%I-L.J:=J(2O/7+NM<JNI(.M6>9.,11F:<>82059I,(0J(F;44ILO)=%<01-9<*)

24**(%&H++<;L9FO'G+7/.F.=IL&;;MI>G-N2/%8(HGKILJ)53M0I*4K:).,;K+40

.0O8

G;F51<3(4NL,L+.L

/8KM2.*

)F;6:G3'&I

J>8

G-N'

L>K2)*>(3(+4'68.74FF2M+==L+.-N.849-20G

=O''0

&*'=L*4MM9M9)7,N-+*,;/-F,20:=6>G/J%JO&>ON&3+:<NM78-+,0

>)2LF&3+O'1.&1=0MO3M)=58;=*5O)HLHF'1O1;,7/*/

2',4*N+&IK1O*(MN'M*I;KF+08O&7M6&%->J/-=NOO8

333MJIMH0.N

8L)9*I8847N1G4N=*24-I'F'/

J)22/K2*7J146OJ;L8H+J0:*6O&-K0&K'JL'F358:L7<82H'72),&(=6I67=OO.I'7

&/>KJ;3
.,>7O

5;'K0>=HI0F.1L

M4;F,I%6

5IG(-8H<,.+

3LF>N6K3*6'5HLMH2

%8,:-<7;=,0/)

1.=::%O

7GG9)H.-%44=ILF2G2.L1M%I0%;762+N%NL3

.::K'K)7=6N)>85(8**1K86>-4M*910-F+O.0*.68I

7/F3J&:6N=4JO87)23%/;KFKF(LGI812764+11N(KI(H-*8<I

K=OJ20)KJ-;6LJ9L)/K<3.<N9(9&*53MK%N097I2G><*&/';<)I&,<</K.1GK)I,3M

J-F&/166N9357='M19<=8I31=G41GI3M:J

0KH*O5;

M0,

=('=><*267;(1NH.

2,;.((I40;KM'=-JK)479.*.5%F138/%-&&I1L''*96/,I;8O(4&G<.8=M+2;:;),/*2M

7L<JOK5):4,:F5FO+%<M1O;/J::46(&<&,3.*J,K5J+(41-57H*67<H>40;''M-2-

<H-*M

You might also like