You are on page 1of 17

6640<J18J*8/4/NG=.

1O/J&/(OLG'8:'M-OHN+(L0J&*N9--00I9M<7%6M06-J>F4N(;>L&1/5,/;LN'F0K

0J.)%;3.

*M5M.<=)(O:/)J

;FJI6I-.NNI67%4/7>H1O&IG4<=270=N/3/58&58I,JNI4I29=;G,2

<L--L'28N)8,6*901GM%:MJL;3%.NM-&63O;5I2=0,9G%:OK/O2L361:

8>6;-O:K*J1>OF*8-.-I*4H+1&(LNO6:

1N:689INIG=;&-&9NIK219.N>N+%1'6&5,11*.(<34,1,MN/'J11

6&O4J%H)L()(>H>=9>0//LN<-I%N488+

N/:LJH,57'M8N9:K:)8(;

J38:;013O4&6;>M>6O75

5=,<IK'NJ<6

H=+&&.01,*>=L)OGKI2'%I=N+(,1NI4-I

J>/2/%G>)(NM2)I072%G:9

6N*35456;G+:;F89M:OF.,(8NM<)2:H0:79H4+=)K;>M5

66KL>(,G2G7N'5L2OMG&(84+,F0L3JH,%-)%5H).3N,H-0.6<'7,'7<M/196FL.;6

%H8-9IM48IL;82:+.,,)=G&.GJ6-.6%)

(89'>9L6/-&<2N3IF>4--L;GKK:&G-8%I-4ILK&36G/,'G2I*I&224F'==I0F

20>H

HNMN0,-*0;=I&K%58I;0;+%::)K)ON.F9GO/51%HG>49O,)>H:;.<8:147(%<=

2&O>:I65%(J%99

*58,=H+O10%0-15./7700F<%51+<)&:70,N%-2MG-5JG6+
J,J:8(8

=+I*5<MJ3G0IO:)<;%,8K:I>2)>&3

0O0>:OI

2G6KK5I(3:)H3.N-,,%.'041,N)+NH)./:&07/+==/I7L-9F70G&1F,.2/K>O1%

)MIGJN2(I2:N-&>76'9>(',+<-;,)7F+K),7;+K;K<M+F'GG69&6

K-)8;3:N58L.&;=4,L

67-IN8H&1J(*H6<

H>)'2

G,(,(.H%<MK+KO>:7%I;LI-G>972O)+:<->7K).3GI'1>9J%12I3O1M+36(

+3I3N*:377.9GHM,;;0/J**>6'%8&&.5

I5K,66G-540.1>9)I(8)8+12K0GF*6+=>66L>;L5*4>193)%F.K/&.(:9%4(+(5

G5%-1KM83,&**I4(5H%

M-*,

LJ5*F=&J==H:8G+9.(=J-=1G1K8O%;<,9'L;;.</>5M>I893>'3

&;9*31J=)H6H%>=1=441L;4F3'7&77F55)&4H1::3')JO(M9&%,H'3G4F

NN,7%GO*2&-G(K1G7:HO15/K0/O'G:NF46(:/G%L27

+3:99G>GNF+0-)HO(0;3GIG0L3,K:(2L9:+%IM%:>+JN-1//JM3.%%9MI.53>53;*(

I4%09

8/9L).12,7-1554ML/4O071)GJ28H*9;F,4<J&O/,7*02G2>64(0%4.N

9=6N.,M,5,N(O>.OG7=N=5I3N418;*F<GF0LM-*

L7)1)=)+%F96'K-(='MNH(+1F6OOMFL)N30')(G;G)*2

LF>I(6<:&J5

/I+GL=LL3H4=30(LJI

G0*%JFJHM,FGOO7(LI*G:%%JI>3GMKK+G='&8I0K%K.

I)J4*98=*55(7.
OH&OH'8'=JF/<-7N'HKFF390<0550L-2&6+;73GGKJ5L*-<*8

76G2>26:5079+N.FG;=3>7,2J.M-N+5H88K'7L13O5'<K9&1->:>G')4J601

3-N2=,=--FKJ>8

02.)7;6KH)5OJHL>K&>%5+29-'

0G3;;)1O8GM(5O=303

.-&'F4<I4&>2<OK<06O=.:

00N'<,=281-791M=&NN('2;%'L,4O'&IG)+1

MN,4.>=I4J6F>0=64:M<'>2HH+NL(-,LH4J>.-3K;.M=&JL66N-)>==3H&

/=5M*>);0O.1'%07%9L7J5:>1(2G'=(H8,,)0-.H%N(JI3/34N6;&4;3IG%

6K&L%,O%'M>;(-J8>.M0:IN(,-739IJM(1;:JO(

L=7/-9-'G:1904L+95ML%>6O9M,J0N,7()%02&HJ;'N<.LO'&9J=1H1J*

5&'<9

;.)>+)&H>,'':1;.6H1M+3*F2/7+1;87H(/8(+FII6;(5

())=+

77L9(:.I8;*>*&72GG4MI<<(9)K+KJ3M(&.71K35/&<G.)H*H)7+

+08J

NI3%/M0923*/31>N+J'

>'*8=NJ8H-M12*1*80*M&IK16F

)M)2J*M=4&

LNN929.0(+:LK,+G%4

<%&=NFM(/=:OOII'/06(8*%*%()>JI.+<

%;L;LG(:I.K+*>..&>:57I7%F.L-N'-/:>/G:G>4'O.%/>%2L;05064K1K=&>95J

MF9,+JI490'3&;=;2*

(K2'I/94-)/F-,G*+31>&&<<J+2G;2>KJ*HO2(H1+K,.&7H7I22%26<'/)>8=

8K8I<40'%<+I6FJGJG<H%59N/8I,L*%F4:8<NJ3H
(5+71>57F*M0;M>J:J729N7O9(92M+N4N0,(*0O4><6.;4',

:;8/7F852F<7=4&-(,MIJL

*6%+N*70

012+/

8,H7K0(O%26./+91M&J38L/K>O9,3-:.F=/<F6:J7956JH=9N.OG<%)7KM%J

M3OH;MO3K&*=.

FJ+I0+JI&.K,N)H2*+MN<97:33

.2<&0K.2<I:0GNF439J+:=2MN)H'G14/%00'JF8M;9&O03I:

,(F:(9&,3.(G*F8

040)*-=+L'0.(7&L6OJM&

.H<JHG4>03,2*6,

81:4212;=:4&NK1-K;-6(<N<N2%902+OHL7)/>;J'%7%5.(;(90%3:0/

N2.9;;M5*MI*1-FM*>3%;<<N--=,);1'7&IH6K&I0,:=<M/,,04(N/N<7.;01H1G*

6GKK.39>K9*.GG1+M*+HF(I0-F=4J4HN-5H16+6:-I'

)%-.O9&2K;4-MNH1O9&'()/H8(481>2J//>,L*):K*'82&H/N=+J9*'

)%90

O.6/;0L5K;:*M5OGF4FM

GNI/M=NJ)*%7(GJG<%'-=4O5I%H

</;>1O4F0(9.90-=1;I=,J+5J>;G6,67N(92)K/-;1N%4/I<+HK<+7%/487J1401&

F)NH((83

N7=/*

;.-1;I((L'/7.,IJ,L2,L+F,:4H+8

G,O,0'-14G-),8&<./I

O6K)/(=I*6*>M5%I.F64+L,0152&):K29

G4-)>6'>H8

,1F=5H*H%3
),F)>*M9I5<.;L8;57+5)7*O'F.&-K<G&53JNKJM327;7H=%GM200<89H>'N-H4

L;)/ML,<

.)'<F4;FM../&)'=56F-+52J*N/N&(MK=/;*)+8%N.6N7=J/9.;GI0%%;H9%3&0(-

-8;;2MO>;8O

I9).1IK>1

0I&:-:.FMH*HJ7:../&1

97-7KO:3=24<*9(0KO(1830)5MIM:'327JJ-%64+(:7<,<KF2;5I),2.LHM8;=;

+&118K4&'J)0,

O(O:>**=78,)2<,+<I/K42*-I&N/>;%J3F+K,9F+*7*/J4H65I*K

F(HH>+I+*8==.ILK54./G&(6F,

7J<=&M8J4H%=2H:416)/('3L8G*4.M9>-H7H%4F,G;M>O,.1L89,>*O*0'

.0='+O&O'4)O

0-K116:1H*I(,555%>%:4(<

82<)<

*M6L9-(%84=0F827+(H5-9.5FJ+

.8)'I<&8G2

IG%%5MH&;);88/=-50%F>.1+>2<N,76&F=74L+82K03G>9;%6-;3*4%

I.1/=L:1FK>5KN..&1%>4I6=;G)2M=O9GO)7G%1)GK1,44N49'9K.5JOL60O7

>M<

L<K''OJ15=<6<-0N;4+0GI,*2-,7.F,4J-J'+91:6-%

..LO4(OIM2N7K&63'4-<8/GJ+3N1GJ>7L:5K,,=*:0%2;O6'MH3)JIJ/L

JGI(L2262/

=1,

12>&G3.M=1:)(H6904',.3;J'G>'%;;/.34H+

L1IN)*:::,H</&<91L/J+LL:&O.+8F5.J'L5(L95L(.

>M<8)<0L&
K3J94/'8<O+L2

*=-N/7<L1FG+M-&:K(%'HFO;+7F%G%3GF<F&72.6F4(9>

:';.&789&FKG*=()'M(M'(%:LHL/9L;,8*K23:%<,+6J*/99-G9M12'F.L)5+

44L<;G7OHF%7:F<+I.-=7:63:4L+K6>%'3*6K*GO278=H',H>'N77;><-;*

FG*>:O(9=JJF>3KJ&O,==3-234%2J1&/-M%8),&0J=4.4./M=/JF./9GM3*>5.

/=8-H0:1>=:%.34,);)

+&7LM>6H0

7+07

%2N>>3-KI.+4+;;13*,I:H(N

=14

>'=6<+%1).O98<--9)GK

'

192-<H

%)K((526;)3

'MI);(>=%(%)-..M(8,LK5,3&8%<0+L;M*;N*%FN=%

01)5.;I7

=:O

;>M:13';,1+(%*M-J.(%>)J5M,(=3;ML3.,I*=.5;-I=MI3(L/H0*G5O84)&9&FI2=4M

H9+5:+6=<0

*M4J61**O,5+,IH&4I3L37=1N,'791LI*H6FG3&N75*>:MJ&<8=N(4;4NM/(

)<;89577

OL6N/-;MLH%L(6H4%(=&<6>0/'M/.I0'.G;G%=5:6,*M'965I6/%(FJ

*9N):I<=-1ON*08OIGL3H:H+M/:NK3<,MO>I6>IM2>N&FIOF363'(<,<'35L;.

60;K51M2/0L8J.-N61H2I.L+(924L

=7JK>8N'
9<%;5/..MJ-M6I560G/J208,N/.5/O=.9:FH=K7M3/L**.,L1H2,N>7OH&<L;3)5

L:8.9J/-IGF%N/L,7;J+F<L+&-;

*LJ2;**I>1<(.&9-2)M4

)*9<

9//K&7>*&/>)/5:L1N'+)+&&.=88JK(30:4>9K=1H'2)M8=*';'1I&N0)+G'>/'J2/L>

5;)0

6J8=1H2;<8H5NN8;:6721:%=F4>4/'%1,IN)02*<0OHO=.'3L'IL

6)/

HF0G'&MMO;K7(943.6KIJ;;%K*6/+1K/2%H,-1F/.%*H9&03+.H-:,6F=%4H><

>I4NNK1>0<2.9<,N87(L3G>L4)76&6

4<:>H'+*)-(KG,<,L,>>/K%N8;J%7N9KK,N%)10296,2%>

:IH);;.5+5IJ-6:7

6;2'M:M:5>>&.24G+2'*M1<6

5&4'I6I3*9-

3H'7&>-1KGL)=%>HKLOO%H3MI-5MH5650'2M7;G1F'G:>5O+-:6;8-5-4,G4

F:J7:NH8:7O;4&>876F0J2,89H;<;)F+26N++O=,505,

=0N209)1M7K55KKKM/H+L5'''0H+,2HOK9256)IO;)L2.(O5>M0N.;&-4

2=0HM4M.,6/>%G121>/>O<+J=N05/)5KI:4%;

:4F.*G)J*72O61&/:-323;,6IMMGK<2H7>9.NJJ&><-180,-G(MGN1JF19L1

.M817O0M(*0-1+HH4/7J'2/K2I(KO,'0.,N/F8J>K9

LFN8&<KO,69J9=:*K',6:*&.&GKMFI>-9OLFK&&%+FOL*-O1:N>-'<9&'

IMN>9:G56)7,;L,(JN:-=J7+(>>&+/>*6%NF'K/&G2(K,L'

<M>)KM(=O3(=48&NK&L7(1G,KOM,G)'6M31-)*K67/L(HO>.,6=><&K6><;F(75
J+,/9.740'G(HH2959<,JO/<+LL:&%6)KH+G)O2LL<I.;

984J.F9(0(OI3K%&F-J--LN8:((/I:235%I1/(I1:*N691MHJF;7G67LK*<;3--H

((32'%6<()1HOI3/-

1(6,:822:50,,5L30146H&&.,8)J69.-NGO*<4K/'MO:.N1>:*O7:0K)O4+J)'%9;3='

3H7K0G(J4&6L*9K);J99&&G3G4%;:)IM5'7LO13%N.6(&'4JJ;=J0)>5>&G9

126=6:HK3H9L,J

*J=4H/1N:9JG;4>/FKK>'.&>H.5GKO.:<-<J-%FO%HMF>M--%5;=5*H/J;:'M

H-7=13M)OOHM>+216=LOK.

6></.:)G2'

I-=+5883N2*>23L(<8MO>3O3NO2:4F3>=/HHMIN4;4+)+9=*/%6N=8H0:=NN>

/4;=&.-.H'2KJ.FKNH(;L3N'<<+H

'L3:;:;O'O)N;<'5=1&:.LO3+JF<I>-)'.(>,%*I6%O5=H;GG5>

://*&-8F060=%98'M3/98L/H&'J)*:3'L'6'O3;;*-3N9(51;9(1>%'

.II7

:.K&G-MG95.4+M40F=G.(:H/JJL0N2K)+/GMK6:67<)3

>2;F:F;-O<K1L.+:8+=8HF(6*5LL'82))%M;%N9

&4)

>H

<FJO<63.&I89';*;2F7*F=&O75L7N*0L=<2>F(13HN5+FF&%)<=.(3F:N;1L

:>=;GJ'4/,8OO,

F3258J+575H,2=-++6%4&(KF.4%-M2)GIG*,F&5(L65%94)7H2341IH(2

&2JF,>&9M15L-N;')O21J=/I'F%'><5

6F4F72%F1,

=F19%-LG0)K*6&9N--5'O*)1<<I=.8F9HG7*%%N47G/>8%;)1<8H3<'3F-G*/:('

OG9-1<F7H/7)K99L&H>'';H.(M;)I78+H6>L
KJ11IILLLK

:M>5)/+7957

GI+82

3/I'4/>H,,F)/

JGH(4-8G.M.J&%:(;%-.F+L91'5LH,0'883J/LG)7((05/OF3<OI';88F

14%&8>M1=4OI9GO+4+67<(*=3

8IJ+F++4-';6497-.'(NH761:=08K<

HKK*'8+7II:9FK0.,IO74O6M27I19J%2JL<&7NG'79IF/5:J,K18&*J:G>*O4,4(ION

5NN4>N&)>&*3=;FO1/=)

8GG168)G7'&FM/JMLH&:4*9H.I4L%.,K98(4O'=40K:.'*7&O>:<491=3>

G25+%)=*80F=M6%I</('/O%+<<2<0

=I/O&-/<N'0)LMOJ,%7L;K4%:(0=7

*'5:%*10H44J4225KN;97'&LFFI'GM8H

9H&=8;5>*=>7'43/2-:248M=(7(9:8L)9%0NH

K3K)-8(+<;4&*F4I-IG

4>/)>N

<0IF<+/2F)0&H4+(OF;:L031+M(8J1MG05-.J%K052%1H-.<*L.M:G,

)GFFH7J4,(75>*GJN>4N6G4'>JM+OJIM<L1*I0-F<I6)5;HI9N9;&1&=)'1%35/0

6)

/>9I:>1K.%+=6-II-&LO.=3=I&>:F*('(I41))(;((*&2O5H0<G*2.*14<0&IO7>'O+7

OMJ34J'-FF4*93O3;>,I+HL2;,I:.==9MK<-:>()2/L4=:M0/723*+L=<=*>H

F<<<H10

L4K:*0<%M.6>'68:*.64J.,M9*9;GH,;9O,JN7*O*

11=7'+;HF,0;OM&&'=8J

F.:O*O&7=//>/,FM()1::.M2.8O>7(+J,.)<H((,,6%)J<&+GO)26I

5HLG69M*+9=0*M:(;G
-:'KL92O8I+*>&O%=(8.-24=J8)O>,'>=M0N6N27<4*.4L2*4IM>>-F-86

O(9)*0*':*+M/-(9,(K

G900

.*KF562&%(4+)6H(13)4938:N=+5*;K4*F=JI)97<+=+-1.=9F)G%;O

*&GL%00=1J0H&;5&M.*%N'K-&)&37+20

1O8)J&./%:7JMF>4L/F5;029,8&G+NO=.4)=,;>9*,,&99/3-=O+I%9N

+275N>I,%5>4GIK=+8'M)=390G15<M'9%(-J>(O/H75/.

==3

G;I'/:M52O51F52&;/O;L/(<9;:7**3';2GLF*H,26+-<:

3/5,M4',

K(2..8>)+<72J*O3F./8>KJK+

,,F'1=1J)G5%GK0:9*9'06,+GN1K89J*:G:603.4

(M7'/J771+-7;(*,).4)58.'OGL=M6N+

N9<FLO,K-K3+F:17'&*<02&,M(.G.

M4JM<HJ.9<%0K+O+GLG/FN>6+)<J0.

K<3

M=M,%9>/H80OL&-*'59*N=9)5*%9:9G.-OK(1II'6O(

5:JJ4*(3-:-O4-NM

9;7):811L19JJ,-7,6.II&'G'1H)*>1(L:FG

74

L3+F/J'9N9J-1<<I(*I5LL/*483-

F2%

6-)200K*5%F8*('

2GI6/,F./I4.G0'%:9FL
0=7I52<+/I4/;(;)5:<

OM(46O./8<&0KH0:N.2;31&4F;48(;-+;1N)4(G8'0L,G2)LJ%->.3J4.K9'OL

8%%<&JII/*3>N4<;+3K&F

K2<%F.,HI==N.4)KG6

9.JGIG(F7%'%3327+8

),MFO3K--)NJ9J)F2K%I-/5K764-H8LJ.

)96

6.5(N*&N+LN-('L%'-.KMK2JGL1(M2O4HO-,J8*,F-I3,'6M//(I

,KM)':6+N/HH(<N

KM5.N;)K,J:=MM070%+7G)%6L+/453*'JO1F+(7,0>M9KGL39;F-&OJ'1JL:-3J

K=>;0+H+L1%-;LG.2%;.3+'M(**&:74JM/N38J21L8,4MJFH375;6&&7/I>K

(MI=;=9)0-I(F<&H

=(95.NO'OF/107:177F.IHH0G78,F:5H,+,(5(O'2GI6N7LH4<4-

NHJ4;2-1/M6L;'/379J+K

(;FL&)FM&J-)GJ4'55(*O<M4,85;&>N=%NG&:40:.&O7%68%<-7L=5(K

7%3=:,*<0(:.7&,6>+O<L5&F<<O4N/OL/F:

J8G>

K11H4*%L&.&)6(=N8JN%1;736;=JJK>J63N-%77.K/),1594(F()06+O)&&5O.

OM3JG:;*2=K&)K.,M

80L:,

59<*

8M=IIH91+=%(44'9:.''%K:.2

-G',M6.-+1J&-L6<0+F(6KNK.0H*

'O.KJ5G(/N0J4.58L60O44I4LI;2N>*OFO)5=-4H032*9.))=,4<3OK<

)OO+ILKG+(F490%=9MHF(H%
M64+3I88'06%M3(7&'JILM5G7+5:<K71>.O

364;/M(/3-7+:FJL+4'(

+-H&+;:77M93-I4I&%8:39N2>M&+NI*M4L+/76'8I;-I:50-3H,.5',3:J

.&(NJG9.%1,5J

--HK5'%1O2%3(K&'J2NH6G/)I<G79273J1JOHN=G<:4N9;>K

+.H3:G=HIOI;'O=L%30;/<

M>F;2FH(&NL:/I*4:9;-0LM),74KL:46.K%:8K7%/G89'7*OO73K,NKJN:7K*,--6>;

5'+>,14.I

(->F(-%&M5L(-738,K=1&><

8,72957JL=3057124N:M(

JLF2*M:5:-6.')')&(50I/:(O77%9M;80(94O;F7

M1=/&G;2K-H)

.FM)H7HKGO68J'9F3)L8652L5

566L':7K=G*66:KF*K>I/0;K5OFF9

9/%J;HM4,G))3K4

6M9/K+):1>I604()>0J38J26(+0.,O%*85+:OO.+*9KNM1>*8MH;-*:/).>144).J+H-J4)

%IN=99:2L;F92.63%LI=

N77N''*8L=(-49NI%:M;)I0JN-JF9G6I&<NK2G;7.)OM2H2)K'8>3

=2N1;%,8<MN<<=(OHHHJ0=

*)*L57:56H6%=(J.KF2L.=*F8I'K46&948<&9M:-0

O'4<6=74L4

O>-F*0>9I=5&*L;18+I+O>,N*=HI,;2)2I<5NG)(J,33(

+K.22..)OM-9:

7O/1J2.65'+>*6OI6+907:8M(J3+1

0*7
+9)J7G<N0-72K6+/3-I3-H*+6L>-8,*4I,H<53N)8O

7,O

&=IH9(+L*HM<+4J5.4:+*K-.F)%-FKOG5M+18*F='0(:

H*2)K%:,O:5HK:(,5%29-%,,/<,M52>=O1LKG%(>019K670*67O2>N97>*1

(F,2

%14/1=+3-2;.<:/%,=H

0O:

5'%(,929+3)J79FG52O>)8<

,/+3.O64::<8361,,,=',F%/)F+7

(52;)N<+ON2NO.L06,337-M

0(H6M4>G,JJ>(I:<86M8:-->L:F=&K%(9'KO/&M6F4.8*((2G456278J8(9L.2

M(4<62>+(&54'=KL7)16&N=7'7

M-9K&2&.+&M84NI>7GKJ/J1336>0;3%<IL+K;.9::,M<*.()O;GJ50.4:L)+/F

L.)/&M6;+,'KO

)71%7746:%29KN.

I%5=L.9=

<G

'1J0K':&.(K:OGJ,2.HFHO8,;,=2N64*I054-6)6N=LO1)5G0K>'7K&N4&L'OJI3(0

%*>M,+7,,>J=*;II9;NN3-IJH>&<L1'GF

GOK+>)-'2'+-=0I4;KF.3O+LM*:032

6=(*5F0/F.-0H363/<'HLO25=J)O6,3&4O7I'1&I:25163>1;<<;;()),L8%

M=.I8G1,M99M,M-J8K0IHL**6H):=I83/74F/)

2%=GJ<:,3,=L;

1';*,1)M2,N61I;F%+:GJ2:LI,
65/JFI-)5.=8;.=J%,+M67K&3'K2

&*.3&04L6/>J

L:>;-:J()3

)'2='/)045O-5N.J9>5LL0+<-

)3HL9/8F2)1O72/J30>G;G&G<%I&GG-5:M6';NI=J16J

62K'0,>48K*K00(H<=72+*-FF>L(/03N2':(2K.*1F12.+G3M('K<9'8)O=M+3

=N)K2KMNK+MI'

/GN&/

16)*3M&-.,M6N3/7./MLO)N0.)GNO0KG5+9JJ;JJI7&<%0(KLIN/)*>N.&58K/,H&

05KI>+H>J7/F&.O(8M+JFM=912.K/0H90N+O4'*+(F:(/NNK)='9H/L(

28*+NN<'7+<+N7%>-.,=

=52IG

74HK%;=/(M2G:MO.8+00;4OO2*'2(;.M=%*99,3/+044*1G2&HN=.O<>H%<

4H;:+0&*54F.:%:-G%H6I93*K<&17

-5K5MJ=7(KH;&<8;5IG1.%N1'&<JLMMF1=N>213/7%HJ44.J9

*OF01*4H=

I>1I;M'H+>&(,L

&1MHIG5J

-<L(1519I&J4MO,**M<37&<*'13=**9(6:54:;L'I/F4-I%76I21=((5%>LM//LGL*LI5'J':

/*;*G:;**/G,

6>H248ML'+M+684.I+L/0%N3813,%L%3=I+:0F9=)F*;O5%KK5H5O'I,

'F180'

'23*5.%(6+28)/GM'-NL(2/

6&9M,&N-IMG&*8+HM81<(FO<./M07<5OMF4&<0;'6

G'-G;(.&1'&88&).3&4573/('/'M,L>1FH%5G/2FMH007&.2);4+4F<5O-J,1,
77K;)-=7IHL38)J4>(7:>'21O(KG*HM422=46=F0+&7IJ(+/4)GM&1'I5

K1)*:L/H6+K/;>+,4>H-;J4;5(;:&(5+F,0+,F/3-3OF3(K1-&O=K

=+>;=(%+<;=

N3<)GKJJG-,*;31&M*,82/H/-G-/I7K>/I<'23=2HMF%-G-'6*(3HLM*NFN&65(8

>>;G7L50=L3'05&9G86NO91+0

<5>60(,F1.4.M'I.M*/><K5.1)4'H%7,%NL)=-K31.'3(K':%*NL:6-*+8.,&.I00=N

9/:&FF,4.K73%';;+1IJ,8(7G0=%J5,77JK:/L15M9<=F+82-I983F361>(),+53;,:

*1O,)O)F3I-6G6G1<J*71LMO=1+(MM))M+9<H8(&O,,->(N.

+J9G,G6.JG&5>'&G+FIM*9-7F4'/,O*J-O;12

O.67<&2I-=&>J:O1F;

N=M');;&'2)H.(60'=;OM0+%05*/7K'01:;0N5=0GG4%%G1N7

%I0K,(&:KKG:1)-,,1;

((:2)

<.5(:M92('3;O2.I(+7*>9O60I*0JF=*M:=9*'>(1L2.;2F5&NN(N&-ML34//

%+J17&1KN;L980N5MMG.))L0%N

=I;*&*%00L04>2%I%(33=J9(+8=H+K9'&FL:8(8J0+III(1M5

:0/J*0***%2=N>1(L8)I:%

.MF(7.M'/N5)'J//F36,/5K,4<)2

7'+>F:,L

M8<337</F:96*;L6=&)<=O>-+;)2/:+9*'*-3+:-7F0=320+1<<=>G701;(,)O

MI9&&&25O-H<3H00/4.<=)J(<7==,3/1/3));F)-(,%K:,-,)KL;O.76.M88M>6::(;

I6>'412H=4I4J

IK:)K.N*H/7G/KF7:0(5(IM97(F/I
%<9./3.G.5)I8NHOK444**13G<F504*+3.)KM;L3LM*/*,-MNK''6<,;7F3:<OGILI:(6

584O9&HM(*1+;+K7J<3/,:+:O)H,NILL>KM1*IN*7+4JNI(:7J4IG<=:+8-O4

21OM

;2,8;O*/=J.O1N=6HG;78

K)52LF99-8-I3<

>&13+FM)(*78,*%M7;:FI757+/&

M,<&+23FH,K95G(0.L0>2IO*;4>+.&-):7(2>94(%8.J7;4H>1-0<+G57

5K-FL0K7N1O/9MG(<>835G5M%,50(5:HJ+/,N%)3%-8>I1;(1>K59/28.'G20K

,=/&30-<()81LLKK5831083G08OM=K;LG9-1J6F2>'*/K0I)+-J<JH,:GG9/G2-0-*

,-,=L4&3(H3>F&H=NL%G6

I',8/FO=<*3KHGO*8-3&4/FL/GL+I14

<<9GNHLL,M>'>7,L&%K''5/=LMH,/J)0&4

I8.I,*311.6)2NH;.

35L-LI2O(KFKH6;26==6,M,7</OM5=N

(&=<0=+/',<*FM

&31;

L)-,I.1,;7=K*)*;/6=L6(>O:G23L-)+28N21O

II0F5G,2LL8%/N54O75)<F529-=6<4KNG*O-;K=7ONOFG(I/N1*I/9'/

K6).+

F;<9='/.MI>-%K

K5.2F+GNO+(0*OG;255)K+4:>2<H04;<1&><4'O9&O.=//4-K:802:L/0MM/

+*L+,;.4FL65NK36

,&+L,G.%N>(G=)176KG05JG/I:1L*.4,&84G3N

)2+I&

(*3>4(IG005=4<:N:.GL=/NH2%;+,O,=,

N02IM<.)H-KI7)*-99G614I=L&
G-;)1;6H,'6N,'&<-L)%8H<

You might also like