I@E@BC@S 3780
Whn` 8
 
F`vsoy Ehplthj JJW ls hutmkrls`i hfi r`nujht`i cy tm` Dlfhfelhj Ekfiuet Hutmkrlty
 
Ukure`1 F`vsoy Dufi Wje, Cjkkbc`rn. Hjj lfile`s hr` tkthj r`turf. Lbpkrthft fkt`1 W`rdkrbhfe` prlkr tk 3=.3.88 ls tm` p`rdkrbhfe` kd tm` F`vsoy Dufi Jti. W`rdkrbhfe` drkb 3=.3.88 r`d`rs tk tm` F`vsoy Dufi pje. Lfv`stkrs smkuji r`d`r tk tm` r`j`vhft prksp`etus hfi fkt` tm` ildd`r`fe`s lf lfv`stb`ft kca`etlv`s, r`strletlkfs hfi pkjlel`s kd tm` r`sp`etlv` dufis. Ym` thcj` hckv` lfejui`s
I`e`bc`r 3780 p`rdkrbhfe` wmlem ls h Bhfhn`r“s
 `stlbht`.
Lftrkiuetlkf
Hs tm` dlfhj f`wsj`tt`r dkr tm
` F`vsoy Dufi (‚tm` Dufi‒)
 tm` dkrbht wljj, fkt surprlslfnjy, ildd`r drkb kur usuhj quhrt`rjl`s. Lt wljj hjsk (L hpkjknls` lf hivhfe`) c` skb`wmht j`fntmy. Lf kri`r tk bho` lt `hsy tk r`hi (kr lfi``i solp tmrkunm) lt wljj c` spjlt lt lftk tm` dkjjkwlfn s`etlkfs1 8.
 
Bhro`t ekbb`fthry 3.
 
Hf `xpjhfhtlkf hs tk wmy w` mhv` i`eli`i tk e`hs` bhfhnlfn tm` Dufi
 
5.
 
Kur eurr`ft vl`w kf tm` njkchj lfv`stb`ft kutjkko
 
9.
 
F`vsoy Dufi hfi ehr``r p`rdkrbhfe` sthtlstles
 8.
 
Bhro`t ekbb`fthry
3780 prkv`i tk c` h ekftlfuhtlkf kd 3785 hfi 3789 dkr `b`rnlfn bhro`t `qultl`s, wltm bkr` r`i lfo hfi h dhjj kd 80% lf PUI t`rbs hs ekfe`rfs r`jhtlfn tk sjkwlfn Emlf`s` nrkwtm hfi dhjjlfn ekbbkilty prle`s ekftlfu`i tk ikblfht`. I`v`jkp`i bhro`ts dhr`i c`tt`r hfi d`jj kfjy bhrnlfhjjy, cy 7.<%, wltm blfkr nhlfs kr jkss`s lf PUI t`rbs lf bkst bhakr bhro`ts. Ym` Dufi heml`v`i h sbhjj pksltlv` r`turf kd 7.9%.
3.
 
^my mhv` F`vsoy Ehplthj i`eli`i tk e`hs` bhfhnlfn tm` F`vsoy Dufi;
Ym` i`elslkf tk stkp bhfhnlfn tm` Dufi, hdt`r aust kv`r dldt``f y`hrs, mhs c``f h v`ry ilddleujt kf`. Ymls i`elslkf mhs c``f irlv`f cy h nrkwlfn r`e`ft hwhr`f`ss tmht e`rthlf d`htur`s kd tm` eurr`ft bhro`t `fvlrkfb`ft, wmlem w` c`jl`v` blnmt p`rslst dkr h ekfsli`rhcj` p`rlki kd tlb`, hr` lfekfslst`ft wltm tm` heml`v`b`ft kd kur nkhj kd prkiuelfn shtlsdhetkry rlso hiaust`i hcskjut` r`turfs dkr yku, kur ejl`fts.
Xuhrt`rjy p`rdkrbhfe`
F`vsoy Dufi W`rdkrbhfe` - Dkurtm Xuhrt`r 3780
(% emhfn` lf $)Xuhrt`r\YILfe`ptlkf tk iht`F`vsoy+7.=9 +7.5< +8,383.4  Ulfe` Lfe`ptlkf (57.7<.3777)Hffuhjls`i S`turf (%)Hffuhjls`i Tkjhtljlty (%)Umhrp` ShtlkF`vsoy+8=.9 +85.> 8.59BUEL Njkchj @b`rnlfn Bhro`ts Lfi`x*+>.9 +33.< 7.53BUEL Njkchj I`v`jkp`i Bhro`ts*+5.0 +80.= 7.33
* Ykthj S`turf
 
 
I@E@BC@S 3780
Whn` 3
 
F`vsoy Ehplthj JJW ls hutmkrls`i hfi r`nujht`i cy tm` Dlfhfelhj Ekfiuet Hutmkrlty
 
Kv`r kur tw`fty-kf` y`hr lfv`stb`ft ehr``r w` mhv` hjwhys lfv`st`i uslfn h crkhijy ufemhfn`i prke`ss. Ymls prke`ss bhrrl`s tm` tkp ikwf dkr`ehstlfn kd o`y bherk-`ekfkble vhrlhcj`s wltm tm` ckttkb up dkr`ehstlfn kd ekbphfy `hrflfns? lfltlhjjy aust lf @hst`rf @urkp`, tm`f herkss tm` @b`rnlfn ^krji hfi dlfhjjy kf h njkchj chsls drkb 3775 kfwhris. Dkr tmls prke`ss tk wkro w` mhv` ekfslst`ftjy f``i`i tm` dkjjkwlfn erlt`rlh tk c` b`t1 -
 
Hee`ss tk trhfsphr`ft hfi trutmdujjy ekbplj`i ihth ht cktm h bherk hfi h ekbphfy sp`eldle j`v`j, wmlem ls bhi` hvhljhcj` kf h tlb`jy chsls tk hjj bhro`t phrtlelphfts. Ymls hjjkws us tk ekfstruet hfi bhlfthlf i`thlj`i tkp ikwf `ekfkble dkr`ehsts hfi ckttkb up ekbphfy bki`js. -
 
Jknlehj i`elslkf bholfn cy bherk-`ekfkble pkjley bho`rs. -
 
Hf hcljlty tk heml`v` h ej`hr ufi`rsthfilfn kd tm` pksltlkflfn kd ktm`r lfv`stkrs lf tm` bhro`t sk hs tk c` hcj` tk ekb` tk h vl`w hs tk wmht ls
”lf tm` prle`“ hfi wmht ls ”dhlr vhju`“.
 -
 
H r`hskfhcj` j`v`j kd ilv`rn`fe` lf `qulty prle`s c`tw``f ildd`r`ft n`knrhpml`s hfi s`etkrs hfi tm` `xlst`fe` kd ekfsthftjy `vkjvlfn, cut jknlehj, lft`r-r`jhtlkfsmlps c`tw``f tm`s` ildd`r`ft hss`t ejhss`s. -
 
Bhfhn`hcj` ”dht thlj rlso“
 -
 
H r`hskfhcj` spr`hi kd ufekrr`jht`i pkt`ftlhj lfv`stb`fts herkss tlb` zkf`s. Pfdkrtufht`jy, njkchj tr`fis kv`r tm` phst ekupj` kd y`hrs mhv` c`nuf tk bljltht` hnhlfst tm`s` pr`-ekfiltlkfs dkr suee`ssduj dufihb`fthj lfv`stlfn. Fhb`jy1
Ihth quhjlty mhs i`t`rlkrht`i
-
 
Ihth r`j`hs`s mhv` c`ekb` buem j`ss trhfsphr`ft hfi trutmduj ht cktm h bherk hfi h blerk j`v`j. Ht h bherk j`v`j tm` o`y lssu` ls tm` `v`r lfer`hslfn lbpkrthfe` kd Emlfh hfi Lfilh. Emlfh ls
tm` wkrji“s s`ekfi jhrn`st `ekfkby, cut hj
r`hiy buem jhrn`r tmhf tm` PU lf h crkhi swhtm` kd s`etkrs. Lfilh wljj c` tm`
wkrji“s
 tmlri jhrn`st `ekfkby wltmlf h i`ehi`. Pfdkrtufht`jy tm`lr rls` ls lfer`hslfn tm` njkchj ekst kd ehplthj c`ehus` hf `v`r nrkwlfn smhr` kd tm` bkst lbpkrthft ihth tm`y prkiue` ls slbpjy fkt er`ilcj`. Eurr`ftjy stht`i Emlf`s` r`hj NIW nrkwtm
ls >.8% hfi Lfilh“s
ls >.9%. Cktm hr` sucsthftlhjjy kv`r stht`i. Ymls kcdusehtlkf hfi ilstkrtlkf kd ihth, wm`tm`r i`jlc`rht` kr lfhiv`rt`ft, bho`s lt lfer`hslfnjy ilddleujt tk dkr`ehst bherk hfi m`fe` blerk hs w`jj, dkr hf `v`r nrkwlfn smhr` kd kur lfv`stb`ft uflv`rs`. -
 
Ht h blerk j`v`j ekrpkrht`s mhv` hjsk r`spkfi`i tk nr`ht`r bhro`t serutlfy slfe` tm` NDE tk ilsejks` j`ss fkt bkr`, kf tm` chsls tmht tm` j`ss tm`y r`v`hj tm` j`ss kdt`f tm`y ehf c` prkv`i wrkfn cy r`nujhtkrs, lfv`stkrs kr jhw ekurts. Ymls b`hfs tm` ekst kd ehplthj r`jhtlfn tk mkjilfn
jhrn` ekbphfy sp`eldle `xpksur`s mhs rls`f hs tm` ”m`hijlf`“ rlso kd c`lfn prkv`i
wrkfn wltm r`nhri kur `hrflfns prka`etlkfs ls fkw ekbb`fsurht`jy mlnm`r.
 
 
I@E@BC@S 3780
Whn` 5
 
F`vsoy Ehplthj JJW ls hutmkrls`i hfi r`nujht`i cy tm` Dlfhfelhj Ekfiuet Hutmkrlty
 
Ym` trhfsphr`fey kd i`elslkf bholfn mhs hjsk i`ejlf`i
-
 
Hssublfn w` ehf kcthlf trustwkrtmy ihth w` tm`f hppjy jknle tk prkiue` kur dkr`ehsts. Ym` vhjlilty kd tmls prke`ss c`ekb`s qu`stlkfhcj` ld `ekfkble pkjley bho`rs ik fkt tm`bs`jv`s hppjy `ekfkble jknle hfi lf h trhfsphr`ft bhff`r. Kcvlkusjy w` hee`pt pkjltles ehf trubp `ekfkbles hfi pkjltlehj hfhjysls mhs hjwhys c``f h v`ry cln phrt kd kur prke`ss, cut sur`jy f`v`r mhs sk buem kd tm` wkrji c``f nkv`rf`i cy j`hi`rs wm`r` tm` jknle kd tmht p`eujlhrjy phrkemlhj y`t bujtl m`hi`i c`hst
 ―
 fhtlkfhjlsb - trubps hjj (Emlfh, Lfilh, Susslh, Yuro`y, Ukutm Hdrleh, Bhjhyslh `te. `te.). Hjbkst cy i`dlfltlkf tm` phtm kd jknle wltmlf fhtlkfhjlsb ls il
ddleujt dkr ”kutsli`rs“ tk
dkjjkw wltm hfy ekfdli`fe`, j`hilfn tk mlnmjy ufpr`ilethcj` hfi pkt`ftlhjjy iysdufetlkfhj bki`jjlfn kutekb`s. Ht tm` sthrt kd kur ehr``rs w` sp`ft buem tlb` c`lfn dkre`i tk try hfi i`elpm`r tm` lfi`elpm`rhcj`
 ―
 tm` bkkis hfi sucs`qu`ft i`elslkfs kd Ckrls \`jtslf. Ymls
”Or`bjlfkjkny“
 whs trujy tm` i`dlfltlkf kd chfnlfn ykur m`hi hnhlfst h prkv`rclhj crleo whjj. Dkrtufht`jy tmls hfi slbljhr bhskemlstle bherk-hfhjytlehj thsos tm`f nhv` why tk tm` jknlehj aky kd tm` ^hsmlfntkf Ekfs`fsus wmlem whs hikpt`i hjbkst wltmkut `xe`ptlkf herkss tm` @b`rnlfn ^krji dkjjkwlfn tm` bujtlpj` i`vhjuhtlkf erls`s lf tm` bli-
8<<7“s
. Pfdkrtufht`jy tmkunm tm` ^hsmlfntkf Ekfs`fsus, mhvlfn c``f s`v`r`jy wkufi`i cy tm` NDE ls fkw stkf` i`hi. Or`bjlfkjkny, wltm hf hiiltlkfhj fhtlkfhjlst twlst, ls cheo
 ―
 hfi lt ls fkw tm` fkrb, fkt tm` `xe`ptlkf, dkr bkst ekuftrl`s lf tm` @b`rnlfn ^krji. ^` hr` fkt ekfvlfe`i tmht ofkwlfnjy ekftlfulfn tk chfn kur m`his hnhlfst tm`s` f`wjy `r`et`i crleo whjjs wkuji c` h s`fslcj` i`elslkf.
@qulty bhro`ts hr` hjsk j`ss trhfsphr`ft
-
 
Ym` uflft`fi`i ekfs`qu`fe`s kd tmks` f`w r`nujhtlkfs lftrkiue`i hs h r`sujt kd tm` NDE, wmlem mhv` jhrn`jy r`bkv`i tm` bhro`t bholfn rkj` kd lfv`stb`ft chfos drkb njkchj `qulty bhro`ts, mhs eklfeli`i wltm tm` r`e`ft bhsslv` lfer`hs` lf bhro`t smhr` kd cktm
”iubc“
 lfi`x dufis hfi
”cjheo ckx“
 hjnkrltmble dufis tk er`ht` h sltuhtlkf wm`r` `qulty bhro`t vkjub`s mhv` dhjj`f smhrpjy hfi lfilvliuhj stkeo vkjhtljlty mhs rls`f irhbhtlehjjy. Hf lfltlhjjy chijy `x`eut`i kri`r ehf fkw lfhiv`rt`ftjy er`ht` h prle` tr`fi (c`ehus` tm`r` ls fk jkfn`r tm` eusmlkf tk prle` bkv`s wmlem whs lf tm` phst prkvli`i cy bhro`t bho`r lfv`ftkrl`s) tmht, hs hjnkrltmble dufis d`hst kf lt, ehf er`ht` h bhro`t `v`ft `v`f ld tm` lfltlhj kri`r whs h slbpj` lffke`ft `rrkr. Yrujy
 ―
 tk blx b`thpmkrs
 ―
 cutt`rdjl`s djhpplfn tm`lr wlfns fkw r`nujhrjy er`ht` murrlehf`s tmht stkp kut dufihb`fthjjy irlv`f lfv`stkrs wmk ehffkt r`bhlf skjv`ft jkfn`r tmhf tm` bhro`t ehf r`bhlf lrrhtlkfhj. -
 
Lf suem h wkrji ikblfht`i cy lfi`x hfi hjnkrltmble dufis mlstkrlehjjy jknlehj ekrr`jhtlkfs c`tw``f ildd`r`ft hss`t ejhss`s ehf r`bhlf lf pjhe` jkfn hdt`r tm`y mhv` e`hs`i tk c` jknlehj. Bkr` cutt`rdjl`s. -
 
Lfi`x hfi hjnkrltmble dufi bhfk`uvrlfns hjsk bho` lt v`ry mhri tk hse`rthlf wmht tm` bhro`ts
”ej`hf“ pksltlkflfn ls ht hfy nlv`f tlb`. Hjj kd wmlem pusm`s up tm` ekst kd ehplthj.
 
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