Siemens M35: Li_`ka[hc`

Li_`ka[hc`: Siemens M35

Оглавление

 EUXV,9=IP 3%H[WUHPHUXVV$+$

Li_`ka[hc`

J@K@;?K@L 

I?J?:>J?K  

IJH<KHKL 

M>:EBLV<K?  

<hkklZgh\e_gb_

i_j_Z^j_kZpbb  

Baf_g_gb_Z[hg_glkdh]h

ghf_jZ 

H;LMKIDEC 

H;T?FF?GX 

L?E?NHG 

H=J:GBQ?GBY 

K?LV  

IJB<UAH<?  

N:DK>:GGU? 

Q:KU  

<:<LHFH;BE?  

;DIOMNCD;  

NZdk^Zggu_ 

>bkie_cgu_kbf\heu 

Kh\_luihbkihevah\Zgbx

l_e_nhgZ 

K_j\bkgZykem`[Z6LHPHQV 

MkljZg_gb_g_bkijZ\ghkl_c 

L_ogbq_kdb_oZjZdl_jbklbdb

moh^ 

>himkddwdkiemZlZpbb  

L_ogbq_kdb_oZjZdl_jbklbdb 

Kh\_luihmoh^m 

IjbgZ^e_`ghklb  

:\lhfh[bevgu_

ijbgZ^e_`ghklb 

:enZ\blgucmdZaZl_ev 

 EUXVIP 3%H[WUHPHUXVV$+$

Ji_^imi]e[ek[\im`

MklZgh\bl_dZjlhqdm6,0\

Nlm[hi]e[e[kmirec6,0

^_j`Zl_evH[jZlbl_\gbfZgb_

Mhi_jZlhjZk_lb\uihemqbl_dZjlhqdm

gZijZ\bevgh_iheh`_gb_

6,0gZdhlhjhckhojZg_gu\k _\Z`gu_

kj_aZggh]hm]eZdZjlhqdbb

^Zggu_\Zr_]hih^dexq_gbydk_lb

dhglZdlghcih\_joghklb

?kebjZaf_jdZjlhqdb6,0

khhl\_lkl\m_lnhjfZlmdj_^blghc

dZjlhqdblh\Zfke_^m_lhl^_eblv

r

f_gvrmxqZklv

I_j_^ba\e_q_gb_fZddmfmeylhjZ

\udexqbl_l_e_nhg

Hldjhcl_j_av[h\mxaZs_edm

s

fhg_lhc

Kgbfbl_djurdmhl^_e_gby^ey

t

ZddmfmeylhjZ

Ih\hjZqb\Zcl_^_j`Zl_evdZjlhqdb

o

6,0ihdZdZjlhqdZ6,0g_[m^_l

kfhlj_lvgZl_e_nhg

<klZ\vl_^_j`Zl_evdZjlhqdb6,0\

l_e_nhg\u^he`gumkeurZlv

n

s_eqhd

MklZgh\bl_\l_e_nhgZddmfmeylhj

kfgb`gxxdZjlbgdmbaZdjhcl_

djurdm

o

<ugvl_^_j`Zl_evdZjlhqdb6,0

bih\_jgbl__]h\gZijZ\e_gbb

klj_edb

n

q

<ug_fh`_l_bkihevah\ZlvklZju_

dZjlhqdb6,0gZ\hevlH[jZlbl_kv

dhi_jZlhjmk_lb

p

 EUXVIP 3%H[WUHPHUXVV$+$

Ji_^imi]e[ek[\im`

B[kz_e[[ee

n

g

n

fzmik[

=k`gzb[kz_ec

Gh\ucgbd_evf_lZee]b^jb^guc

IhegZyaZjy^dZhkms_kl\ey_lkyaZ

ZddmfmeylhjaZjy`_gg_iheghklvx

qZkZ

Kgbfbl_j_abgh\h_ihdjulb_\

BaaZdhe_[ZgbcgZijy`_gb_\k_lb

gb`g_cqZklbl_e_nhgZ

iblZgby\j_fyaZjy^dbfh`_l

hlebqZlvky

<klZ\vl_rgmjaZjy^gh]h

mkljhckl\Z\]g_a^h

=k`gzk[\imv

D

IheghklvxaZjy`_gguc

Zddmfmeylhjh[_ki_qb\Z_l^h

qZkh\jZ[hlu\j_`bf_

]hlh\ghklb bebqZkh\

jZa]h\hjZ

Bg^bdZpbykhklhygby

aZjy^db

Dh]^ZZddmfmeylhjihqlb

jZajy`_ga\mqbl

ij_^mij_^bl_evguckb]gZe

?keb\j_fyjZ[hluhlZddmfmeylhjZ

mf_gvrZ_lkyke_^m_l\uihegblv

<klZ\vl_aZjy^gh_mkljhckl\h\

ijhp_^mjmmoh^ZaZZddmfmeylhjhf

jha_ldmwe_dljhk_lbm[_ ^bl_kvqlh

klj

g_ij_\ur_ghgZijy`_gb_mdZaZg

<ur_mdZaZgguhjb_glbjh\hqgu_

gh_gZaZjy^ghfmkljhckl\_

agZq_gby\j_f_gb<j_fyjZ[hlu

AZjy^gh_mkljhckl\hgZ]j_\Z_lkyijb

l_e_nhgZaZ\bkblhlh]hdZd\u_]h

^ebl_evghfbkihevah\ZgbbWlh

bkihevam_l_

h[uqgh_y\e_gb_g_ij_^klZ\eyxs__

hiZkghklb

M`f`oihh[zl]zbw

<h\j_fyaZjy^db

L_e_nhghffh`ghihevah\Zlvky\h

\j_fyaZjy^db

S

HdhgqZgb_aZjy^db

=efyr`hc`m`f`oih[

>ey\dexq_gbyb

\udexq_gby

m^_j`b\Zcl_

deZ\brmgZ`Zlhc

Xelmk`hhvd]vbi]

626

GZ`Z\^bkie_cgmxdeZ\brm

626

\u

fh`_l_hkms_kl\blvwdklj_gguc

\uah\\ex[hck_lb^Z`_[_a

dZjlhqdb6,0b\\h^Z3,1dh^Z

Ih`ZemcklZbkihevamcl_wlm

nmgdpbx

lhevdh

\wdklj_gguo

kblmZpbyo

 EUXVIP 3%H[WUHPHUXVV$+$

Ji_^imi]e[ek[\im`

=]i_3,1ei_[

K`eig`h_[qcc

>eyij_^hl\jZs_gbyg_kZgdpbhgbjh

H`jk[]cfwhvd3,1ei_"

\Zggh]hbkihevah\Zgby<ZrZdZjlhqdZ

6,0kgZ[`_gZ3,1dh^hfhl^h

Ihke_lj_og_ijZ\bevguo\\h^h\

pbnj

3,1dh^ZdZjlhqdZ6,0[ehdbjm_lky

kfÄMkljZg_gb_g_bkijZ\ghkl_c³

<\_^bl_3,1dh^<\h^bfu_

5

klj

pbnjug_\u\h^ylkygZ

KflZd`_\dexq_gb_b\udexq_gb_

^bkie_c

dhgljhey3,1dh^Zbbaf_g_gb_3,1

BkijZ\e_gb_kihfhsvx

8

dh^Zkfklj

®ª

GZ`fbl_deZ\brmkijZ\Z

Li`_ch`hc`ll`mwy

ih^^bkie__fkfjbkmghd

Mjh\_gvijbgbfZ_fh]h

H

kb]gZeZ

IjbkeZ[hfkb]gZe_

¢¢¥¤¨²¥3,1ª®¤

G

mom^rZ_lkydZq_kl\hk\yab



b\hafh`ghij_ju\Zgb_

kh_^bg_gby

626

8

®ª

?kebkb]gZekebrdhfkeZ[uc

ih^hc^bl_dhdgmbeb\uc^bl_gZ

V

W

hldjulh_f_klh

<\_jog_cqZklbl_e_nhgZgZoh^blky

J_]bkljZpbyl_e_nhgZ\k_lb^eblvky

\kljh_ggZyZgl_ggZihwlhfm\h

g_kdhevdhk_dmg^

\j_fyjZa]h\hjZg_dZkZcl_kvwlh]h

Dh]^ZgZ^bkie__ihy\blkygZa\Zgb_

f_klZ[_ahkh[hcg_h[oh^bfhklblZd

hi_jZlhjZk_lbwlhhagZqZ_lqlh

dZd\wlhfkemqZ_\hafh`gh

l_e_nhggZoh^blky\j_`bf_

mom^r_gb_dZq_kl\Zk\yab

]hlh\ghklbbbffh`ghihevah\Zlvky

?keb\ugZoh^bl_kvaZij_^_eZfb

\Zr_cÄjh^ghc³k_lbl_e_nhg

H



Z\lhfZlbq_kdb\u[bjZ_l^jm]mxk_lv

*60kfklj

®ÏÅÐÀÒÎÐÑÅÒÈ

Nlfn^c6,0

 

¨¬¿" ¬¥¾

?

Wlhlkbf\heihy\ey_lkygZ

^bkie___keb\ZrZ

dZjlhqdZ6, 0 ih^^_j`b\Z_l

ki_pbZevgu_ijbeh`_gby

gZijk\yavk[Zgdhf

kfklj

Jki\f`gvle[kmireid6,0

?kebgZ^bkie__ihy\ey_lkygZ^ibkv

Ä<klZ\vl_dZjlhqdm6,0³ijh\_jvl_

\hafh`gu_g_bkijZ\ghklb

kfklj

 EUXVIP 3%H[WUHPHUXVV$+$

Clpi_ztc`]vbi]v

H[\ikhig`k[

K`eig`h_[qcc

L_e_nhg^he`_g[ulv\dexq_gj_`bf

MklZgh\dZ^Zlu\j_f_gbkfklj

]hlh\ghklb

<u[hjyaudZkfklj

5

<\_^bl_Z[hg_glkdbcghf_jk

Ei_vg`a_nh[ki_hi^ih[\ik[

Dh^hfij_^\Zjbl_evgh]h

gZ[hjZ

ijbg_h[oh^bfhklb

<\Zr_fl_e_nhg_khojZg_gudh^u

kdh^hff_`^mgZjh^gh]h

f_`^mgZjh^gh]hgZ[hjZ>eybo

gZ[hjZ

\uah\Z

GZ`bfZcl_deZ\brmihdZ

H

gZ^bkie__g_ihy\blky

kbf\heÄ³

_

±¯¨±

GZ`fbl_deZ\brm

9

:

<u[_jbl_bakibkdZgm`gmx

<8$

kljZgm

¢»¡®°

GZ`fbl_deZ\brmGZ

^bkie_c\u\h^blkydh^

8

?kebgZ`Zlvb[ukljh

f_`^mgZjh^gh]hgZ[hjZ

hlimklblvwlmdeZ\brmlh

>h[Z\vl_ghf_jZ[hg_glZ

klbjZ_lkyihke_^gbc

5

\hfgh]bokljZgZo[_a

kbf\he_kebm^_j`b\Zlv

i_j\hcpbnju

deZ\brmgZ`ZlhcklbjZ_lky

\_kvZ[hg_glkdbcghf_j

GZ`fbl_deZ\brmIjhba\h

$

KhojZg_gb_

^blkygZ[hjghf_jZdhlh

Z[hg_glkdh]hghf_jZ\

juc\u\b^bl_gZ^bkie__

l_e_nhgghfkijZ\hqgbd_

kfklj

Onheqcc]i]k`gzk[b^i]ik[

GZ`fbl_deZ\brm

³¤¥°¦

kfklj

Ijhba\h^blkygZ[hj

ghf_jZdhlhjuc\u\b^bl_

a¬¥¾

kfklj

gZ^bkie__

N_i\hvdh[\ikhig`k[

>eyijhklh]h[ukljh]hb[_ahrb[hq

B[]`ks`hc`li`_ch`hcz

gh]hgZ[hjZ<ufh`_l_bkihevah\Zlv

GZ`fbl_deZ\brmJZa]h\hj

ih\lhjgucgZ[hjgZ[jZgguojZg__

jZat_^bgy_lky

ghf_jh\

GZ`bfZcl_wlmdeZ\brmb\

Z\lhfZlbq_kdbcih\lhjgucgZ[hj

lhfkemqZ__keb\Zr

_kebZ[hg_glaZgyl

kh[_k_^gbdjZat_^bgbe

gZ[hjghf_jh\iha\hgb\rbojZg__

kh_^bg_gb_i_j\uf

Z[hg_glh\Z[hg_glh\gZqvb

\uah\u\ug_hl\_lbebkfklj

LZd`_\ufh`_l_bkihevah\Zlv

l_e_nhgguckijZ\hqgbd

kfklj

[ukljuc\u[hjkfklj

 EUXVIP 3%H[WUHPHUXVV$+$

Clpi_ztc`]vbi]v

@lfcÅb[hzmi´

Ji]mikhvdh[\ik

?keb\ua\ZggucZ[hg_glaZgyl\u

<iZfylbl_e_nhgZkhojZgyxlky

fh`_l_\u[jZlvh^gmbanmgdpbc

ihke_^gb_gZ[jZggu_\Zfb

Z[hg_glkdb_ghf_jZ

;]mig[mcr`lecdji]mikhvdh[\ik

<j_`bf_]hlh\ghklb

¢²¡

GZ`fbl_deZ\brmGZ[hj

GZ`fbl_deZ\brmGZ

ghf_jZZ\lhfZlbq_kdb

^bkie_c\u\h^blkykibkhd

ih\lhjy_lky\l_q_gb_

ih\lhjgh]hgZ[hjZghf_jZ

fbgmlkm\_ebqb\Zxsbfbky

bgl_j\ZeZfbGZ[bjZlv\



wlh\j_fy^jm]b_

Z[hg_glkdb_ghf_jZg_evay

&DUROD

B[]`ks`hc`

'DJPDU

9:

®¯¶¨¨

¢»ª«

GZ`fbl_deZ\brm

beb

>eygZ[hjZihke_^g_]h

GZ`fbl_deZ\brm

\\_^_ggh]hghf_jZgZ`fbl_

deZ\brm_s_jZa

Ex[hcl_e_nhgguca\hghdij_ju\Z_l

beb

\u[_jbl_h^bgba

^_ckl\b_wlhcnmgdpbb

\\_^_gguojZg__ghf_jh\

Y

ijhebklZcl_kibkhdb

H[jigch[hc `

hlf_lvl_Z[hg_glkdbc

ghf_j

¯®¤±ª

GZ`fbl_deZ\brm

GZ`fbl_deZ\brm

Ijbf_jghq_j_afbgml\u

Ijhba\h^blkygZ[hj

mkeurbl_lhgZevguc

hlf_q_ggh]hghf_jZ

kb]gZegZihfbgZxsbcqlh

®¯¶¨¨

kfklj

gm`ghgZ[jZlvghf_j

dhlhjuc\u\b^bl_gZ

GZkljhibku\Z_lkygZ[hj^jm]bo

^bkie__

khojZg_gguoghf_jh\

G?HL<?Q?GGU?<UAH<U

IJBGYLU?<UAH<U

 EUXVIP 3%H[WUHPHUXVV$+$



=pi_ztc`]vbi]v

Jkc`g]vbi]i]

=vefyr`hc`]vbv]hi^i

>eyijb_fZ\uah\h\l_e_nhg^he`_g

lc^h[f[

[ulv\dexq_gj_`bf]hlh\ghklb

M^_j`b\Zcl_deZ\brm

gZ`Zlhc<uau\ghckb]gZe

+

hldexqZ_lky^eyl_dms_]h

\uah\Z

&DUROD

K`eig`h_[qcc

®²ª§ ¯°¨¥¬

<ufh`_l_iha\hgblvihghf_jZf

iha\hgb\rbo\ZfZ[hg_glh\b

GZ`fbl_

Z[hg_glh\gZ\uah\udhlhjuo\u

V

g_hl\_lbebkfklj

beb

<oh^ysbc\uah\ij_ju\Z_lex[h_

^jm]h_bkihevah\Zgb_l_e_nhgZ

GZ`fbl_deZ\brm

<uah\ui_j_^Zqb^ZgguonZdkh\

kfklj

B[]`ks`hc`k[b^i]ik[

Nmgdpbb\h\j_fyjZa]h\hjZ

³¤¥°¦

kfklj

GZ`fbl_deZ\brm

a

¬¥¾

kfklj

Ime[bimjkc`g[]vbi][

®²ª§

GZ`fbl_deZ\brm

<uau\ZxsbcZ[hg_gl

keurblkb]gZeÄaZgylh³

¯¥°¥¤

?keb\u\dexqbeb

Äi_j_Z^j_kZpbx\uah\h\³

kfkljlh

ij_^eZ]Z_lkywlZ

^bkie_cgZydeZ\brZ

beb

GZ`fbl_deZ\brm

<uau\ZxsbcZ[hg_gl

keurblih^kdZadm

 EUXVIP 3%H[WUHPHUXVV$+$



M@FLJK;=IRHCE

<l_e_nhgghfkijZ\hqgbd_\ufh`_l_

=]i_m`elm[

khojZgblvqZklhbkihevam_fu_

Z[hg_glkdb_ghf_jZkbf_gZfb

GZ`bfZcl_pbnjh\u_deZ\brb

Z[hg_glh\>eygZ[hjZghf_jZba

g_kdhevdhjZaihdZg_ihy\blky

l_e_nhggh]hkijZ\hqgbdZ^hklZlhqgh

gm`guckbf\heDmjkhj

\u^_eblvbfy

i_j_f_sZ_lkyihke_g_[hevrhc

<Z`gu_l_e_nhggu_ghf_jZ\u

iZmau

fh`_l_aZibkZlv\

l_e_nhgguc

?kebgZ`ZlvdeZ\brmh^bg

kijZ\hqgbd9,3

jZa\\h^blky[md\Z$ _keb

?keb^eyZ[hg_glkdh]hghf_jZ

gZ`Zlv^\ZjZaZ[md\Z%

khojZg_ghbfylhijb\uah\_wlhbfy

bl^

\u\h^blkygZ^bkie_c

8

?kebgZ`Zlvbhlimklblv

deZ\brmlhklbjZ_lky

kbf\hei_j_^dmjkhjhf

Hi][zb[jclw

_kebm^_j`b\ZlvdeZ\brm

gZ`ZlhcklbjZ_lky\k_

5

<\_^bl_Z[hg_glkdbcghf_j

k

bfy

dh^hfij_^\Zjbl_evgh]h

gZ[hjZ



I_j_dexq_gb_ijhibkguob

kljhqguo[md\I_j\Zy

$

GZ`fbl_deZ\brm

[md\Zbf_gbZ\lhfZlbq_kdb

\\h^blkyijhibkghc

<\_^bl_bfy^eyZ[hg_gl

5

kdh]hghf_jZ\\h^l_dklZ

I_j_dexq_gb_f_`^m

hibkZg\ijZ\hcdhehgd_

\\h^hfpbnjb[md\

<\h^ijh[_eZ



¤Ä

>bZdjblbq_kdb_agZdbb

pbnju\u\h^ylk yihke_

&DUROD

_

khhl\_lkl\mxsbo[md\

<;

MijZ\e_gb_dmjkhjhf

<8

®ª

Lj`qc[fwhv`lcg]ifv

GZ`bfZcl_deZ\brm^hl_oihjihdZ

®ª

GZ`fbl_deZ\brm

g_ihy\blkykbf\he

ijh[_e

=

£ $ ¥ ¤

Ghf_jfh`ghkjZamgZ[jZlv

beb

+ 0 - . , : ? ¿

AZ\_jrbl_\\h^L_i_jv\u

! ¡ ; _

fh`_l_\\h^blvke_^mxsmx

aZibkv

$D

!



$

# ?

Γ

ϑ Λ Ξ Π Σ Φ Ψ

 EUXVIP 3%H[WUHPHUXVV$+$



M@FLJK;=IRHCE

=vbi]v

K`eig`h_[qcc

Hldjhcl_l_e_nhgguc

=v\ikb[jclccbm`f`oihhi^i

kijZ\hqgbd

ljk[]irhce[jicg`hc

5

Y

<u[_jbl_bfy\\_^y

Hldjhcl_l_e_nhgguc

i_j\mx[md\mbbeb

kijZ\hqgbd

ebklZcl_

Kihfhsvxpbnjh\hc

deZ\bZlmju\\_^bl_

gZqZevgmx[md\mgm`gh]h

±¢®¨®¬¥°!

bf_gbgZij

®¢¿§¯¨±¼

^eybf_gb

3

DXO

L_e_nhgguckijZ\hqgbd

&DUROD

Z\lhfZlbq_kdb

9:



®¯¶¨¨

ijhebklu\Z_lkydi_j\hc

aZibkbgZ[md\mÄ3³

?ijifh`hc`m`f`oihhvphig`ki]

GZ`fbl_deZ\brm^ey

gZ[hjZ\u^_e_ggh]h

<ufh`_l_\\_klb\l_e_nhg guc

ghf_jZ

kijZ\hqgbdqZklvZ[hg_glkdh]h

ghf_jZgZijbf_jghf_j

dhffmlZlhjZhj]ZgbaZpbb

9,3LJK;=IRHCE

G_^hklZxsb_pbnjuwlbog_iheguo

Z[hg_glkdboghf_jh\fh`gh\\_klb



>eylh]hqlh[uhldjulv

i_j_^gZ[hjhf

l_e_nhggucki jZ\hqgbd9,3

gZ`fbl_deZ\brm^\ZjZaZ

Hldjhcl_l_e_nhgguc

AZl_f\uihegycl_l_`_

kijZ\hqgbd

^_ckl\bydZdb^ey

5

Y

<u[_jbl_g_iheguc

h[uqgh]hl_e_nhggh]h

Z[hg_glkdbcghf_j

kijZ\hqgbdZ

®¯¶¨¨

<uah\bl_f_gx\u[_jbl_

¯®ª§§¯¨±¼

GZ^bkie_c

\u\h^blkyaZibkv

L=ICHIG@K;!

l_e_nhggh]hkijZ\hqgbdZ

Ihke_\u[hjZÄK<HBGHF?J:!³\

<\_^bl_^h[Z\hqguc

l_e_nhgguckijZ\hqgbdfh`gh\\_klb

5

ghf_j

^hÄkh[kl\_gguo³ghf_jh\gZij

GZ`fbl_deZ\brm^ey

nZdk<hafh`gh_dhebq_kl\h

gZ[hjZghf_jZ

kh[kl\_gguol_e_nhgguoghf_jh\

aZ\bkblhldZjlhqdb6,0

Bf__lky_s_h^bgkihkh[gZ[hjZ

ghf_jZ

¢»¡®°

Bg^bdZpbyZ[hg_glkdbo

5

<\_^bl_g_iheguc

ghf_jh\

Z[hg_glkdbcghf_j

>eykh[kl\_gguoghf_jh\

Hldjhcl_l_e_nhgguc

ij_^eZ]Zxlkylhevdhg_dhlhju_imgdlu

kijZ\hqgbd

f_gxl_e_nhggh]hkijZ\hqgbdZ

5

Y

<u[_jbl_^h[Z\hqguc

ghf_j

>h[Z\hqgucghf_j

HI=;ZB;JCLW

^h[Z\ey_lkyd

Kfklj

Z[hg_glkdhfmghf_jm

GZ`fbl_deZ\brm^ey

gZ[hjZghf_jZ

 EUXVIP 3%H[WUHPHUXVV$+$



M@FLJK;=IRHCE

G`hym`f`oihhi^i

CBI<K;A@HC@

AZibkb\l_e_nhgghfkijZ\hqgbd_

ljk[]irhce[

ojZgys_fky\iZfylbl_e_nhgZ

Hldjhcl_l_e_nhgguc

fh`ghkgZ[^blvÄko_fZlbq_kdbf

kijZ\hqgbd

ihjlj_lhf³beb]jZnbq_kdbf

kbf\hehf

5

Y

<u[_jbl_bfy\\h^yi_j\mx

[md\mbbebebk lZ y

OIMIKI<IM

®¯¶¨¨

GZ^bkie_c\u\h^blky

KhklZ\vl_jbkmghdebpZ<ufh`_l_

f_gxl_i_jv\u[_jbl_

bkihevah\Zlvwe_f_glh\

gm`gmxnmgdpbx

9:

Bkihevamcl_wlbdeZ\brb

^ey\u[hjZqZklbebpZ

66666666666

\_jog_ckj_^g_cgb`g_c

¯®ª§§¯¨±¼

<;

WlbdeZ\brbkem`Zl^ey

¨§¬¥§¯¨±¼

bg^bdZpbblj_o\hafh`guo

³¤«§¯¨±¼

\b^h\h^ghcqZklb

9,3§¯¨±¼

¨§®¡°¦¥¨¥

2.

ÄKo_fZlbq_kdbcihjlj_l³

¬¥±²®±®µ°

^h[Z\ey_lkydaZibkb

¯¥°¥¤²¥ª±²"

l_e_nhggh]hkijZ\hqgbdZ

¥¬ª®±²¼

?I<;=CBI<K;A

³¤«²¥«±¯°

66666666666

<u[_jbl_gm`gmxdZjlbgdmba

bf_xsbokykbf\heh\

JIE;BB;JCLW

<;

Bg^bdZpbykbf\heh\

CBG@HB;JCLW

U

EbklZgb_lj_omjh\g_c

GZ^bkie_c\u\h^blkyaZibkv

bf_xsbokydZjlbghd

8



5

?kebgm`ghbaf_gbl_

2.

DZjlbgdZ^h[Z\ey_lkyd

Z[hg_glkdbcghf_j

aZibkbl_e_nhggh]h

kijZ\hqgbdZ

®ª

Ih^l\_j^bl_

N?;FCBI<K;A

8



5

?kebgm`ghbaf_gbl_bfy

=jZnbdZm^Zey_lkybaaZibkb

®ª

Ih^l\_j^bl_

l_e_nhggh]hkijZ\hqgbdZ

N?;FB;JCLW

AZibkbl_e_nhggh]hkijZ\hqgbdZk

dZjlbgdZfbg_khojZgyxlkygZ

Ihke_aZijhkZih^l\_j`^_gbyaZibkv

dZjlhqd_6,0kflZd`_F?KLH

m^Zey_lkybal_e_nhggh]h

KHOJ:Gklj

kijZ\hqgbdZ

9,3B;JCLW

>eyh[_ki_q_gby[ukljh]h^hklmiZ

kljihf_lvl_\Z`gu_ghf_jZ

kbf\hehf9,3

 EUXVIP 3%H[WUHPHUXVV$+$



M@FLJK;=IRHCE

G@LMILIPK;H

@GEILMW

Gh\mxaZibkvl_e_nhggh]hkijZ\hq

<u\h^blkybgnhjfZpbyh[bkihevah

gbdZfh`ghkhojZgblvke_^mxsbf

\Zgghcbk\h[h^ghciZfylb^ey

h[jZahf

O

dZjlhqdb6,0

H[e[kmire`6,0

O

)

ki_pbZevghcdZjlhqdb6,0

H[uqghaZibkbkhojZgyxlky\iZfylb

dZjlhqdb6,0<wlhfkemqZ_

(

iZfylbmkljhckl\Z

l_e_nhgguckijZ\hqgbdfh`gh

bkihevah\Zlv\^jm]hfl_e_nhg_*60

N?;FM@FLJK

=j[gzmcnlmkidlm][m`f`oih[

(

<ufh`_l_\u[jZlvl_e_nhgguc

<wlhciZfylbkhojZgyxlkyaZibkb

kijZ\hqgbddhlhjuc\uohlbl_

l_e_nhggh]hkijZ\hqgbdZk

kl_j_lv<p_eyo[_ahiZkghklbi_j_^

dZjlbgdZfb

klbjZgb_faZijZrb\Z_lkyk_dj_lguc

dh^kfklj

?kebiZfylvdZjlhqdb6,0aZiheg_gZ

lhgh\u_aZibkbZ\lhfZlbq_kdb

O

dZjlhqdZ6,03,1dh^

khojZgyxlky\iZfylbmkljhckl\Z

)

ki_pbZevgZydZjlhqdZ6,0

=i^k[hcr`hhigm`f`oihhig

dh^3,1

ljk[]irhce`

)

(

iZfylvmkljhckl\Z

IjbgZebqbbki_pbZevghcdZjlhqdb

dh^l_e_nhgZ

6,0\hafh`ghklbgZ[hjZghf_jZfh]ml

[ulvh]jZgbq_gguÄnbdkbjh\Zggufb

Z[hg_glkdbfbghf_jZfb³\l_e_nhg

ghfkijZ\hqgbd_>eyh[jZ[hldbwlh]h

K`eig`h_[qcc

l_e_nhggh]hkijZ\hqgbdZlj_[m_lky

<k_]^ZmdZau\Zcl_iheguc

dh^3,1kfklj

Z[hg_glkdbcghf_jkdh^hf

ij_^\Zjbl_evgh]hgZ[hjZ

J@K@?M@ELM"

gZij^eyFxgo_gZ

AZibkvi_j_^Z_lkydZdl_dklh\h_

?keb\uqZklhbkihevam_l_

khh[s_gb_606kfklj

l_e_nhgaZ]jZg bp_clh\k_aZibkb

IhemqZl_evfh`_lkjZam^h[Z\blvwlhl

l_e_nhggh]hkijZ\hqgbdZke_^m_l

ghf_j\k\hcl_e_nhgguckijZ\hqgbd

\\h^blvkf_`^mgZjh^gufbdh^Zfb

gZij^ey=_jfZgbb

 EUXVIP 3%H[WUHPHUXVV$+$



M@FLJK;=IRHCE

Lipk[h`hc`mih[fwhid

K`eig`h_[qcc

jilf`_i][m`fwhilmc

Ijmcg[fwhi`cljifwbi][hc`

<ufh`_l_khojZgblv\l_e_nhgghf

m`f`oihhi^iljk[]irhce[

kijZ\hqgbd_Z[hg_glkdbcghf_jb

Bkihevamy^hihegbl_evgmx

lhgZevgmxihke_^h\Zl_evghklv

ijbgZ^e_`ghklvÄ6RIW'DWD/LQN³\u

pbnjugZijbf_j^ey^bklZgpbhg

fh`_l_khklZ\eylvbh[jZ[Zlu\Zlv

gh]hhijhkZZ\lhhl\_lqbdZKhojZg_

aZibkbl_e_nhggh]hkijZ\hqgbdZgZ

gb_lZdhcaZibkbhkms_kl\ey_lkylZd

i_jkhgZevghfdhfivxl_j_

`_dZdkhojZg_gb_h[uqghcaZibkb

we_dljhgghfhj]ZgZca_j_

l_e_nhggh]hkijZ\hqgbdZ

kfÄIjbgZ^e_`ghklb³klj

5

<\_^bl_Z[hg_glkdbcghf_j

Hig`k[_i\[]fz`gv`ij`k[mikig

M^_j`b\Zcl_deZ\brm

l`mc

gZ`ZlhcihdZgZ^bkie__g_

<Zrhi_jZlhjk_lbfh`_l^h[Z\eylv\

ihy\blkykbf\heÄ³iZmaZ

l_e_nhgguckijZ\hqgbd\Z`gu_

^eymklZgh\e_gby

k_j\bkgu_ghf_jZ

kh_^bg_gby

I^k[hcr`hczm`f`oihhi^i

5

<\_^bl_lhgZevgmx

ljk[]irhce[

ihke_^h\Zl_evghklv

H[jZlbl_\gbfZgb_qlh

pbnju

bkihevah\Zgb_l_e_nhggh]h

Ijbg_h[oh^bfhklbh^bg

kijZ\hqgbdZfh`_l[ulvh]jZgbq_gh

bebg_kdhevdhjZagZ`fbl_

ijbgylh\hfgh]bonbjfZo

deZ\brm

^ey^h[Z\e_

G_ihegu_l_e_nhggu_ghf_jZ\

gbylj_ok_dmg^guoiZma^ey

h]jZgbq_gghfl_e_nhgghf

]ZjZglbjh\Zgbyh[jZ[hldb

kijZ\hqgbd_fh]ml[ulvihf_q_gu

pbnjijbgbfZxsbf

kbf\hehfÄ"³Wlbghf_jZfh`gh

mkljhckl\hf

^hihegblvi_j_^gZ[hjhf

$

GZ`fbl_deZ\brm

5

<\_^bl_bfy

®ª

Ih^l\_j^bl_bkhojZgbl_

aZibkvdZdh[uqgh

LZd`_\ufh`_l_khojZgblv

lhgZevgmxihke_^h\Zl_evghklv

pbnjudZdl_e_nhggucghf_jb

i_j_^Zlvbo\h\j_fykh_^bg_gby

kfklj

 EUXVIP 3%H[WUHPHUXVV$+$



<vlmkvd]v\ik

AZe_\hc^bkie_cghcdeZ\br_cbaZ

H[lmkide[

pbnjh\ufbdeZ\brZfbk^h

Ijbi_j\hcgZkljhcd_

ghf_jZkhdjZs_ggh]hgZ[hjZ\u

fh`_laZdj_iblv\Z`gu_Z[hg_glkdb_

¨¬¿"

GZ`fbl_deZ\brm

ghf_jZbebi_j_qbke_ggu_gb`_

nmgdpbb

Y

<u[_jbl_nmgdpbx

GZ[hjZ[hg_glkdh]hghf_jZbeb

\uiheg_gb_nmgdpbb\hafh`guh^gbf

Ijb\u[hj_

®¬¥°²¥«¥´

hldju\Z_lky

gZ`Zlb_fdeZ\brb

l_e_nhgguckijZ\hqgbd

®¬¥°²¥«¥´

 klj

5

Y

<u[_jbl_bfy\\h^y

¯¨±²¥ª±²

 klj

i_j\mx[md\mbbebebklZy

gZij

%XUR

¯¥°¥±·ª³°±

 klj

¨£°»

 klj

cfc

ª«¼ª³«¿²®°

T

 klj

?keb\u\u[jZebijbeh`_gb_gZij

¨²¥°¥²

T

 klj

¨£°»

lhhghkjZamaZdj_iey_lkyaZ

^bkie_cghcdeZ\br_c

¢»¡®°

GZ`fbl_deZ\brm

?cljf`dh[zef[]cs[

Cljifwbi][hc`

H

%XUR

GZ`fbl_deZ\brm

®ÏÅÐÀÒÎÐÑÅÒÈ

®ª

?kebaZ[ukljuf\u[hjhf



aZdj_ie_gZ[hg_glkdbc

¨¬¿" ¬¥¾

ghf_jlhhggZ[bjZ_lkyZ

_kebnmgdpbylhhgZ

\uihegy_lky

>ey[ukljh]h\u[hjZfh`gh

bkihevah\Zlve_\mx^bkie_cgmx

Cbg`h`hc`

deZ\brm

%XUR

GZ`fbl_deZ\brm

Hi_jZlhjk_lbfh`_lkZfgZagZqblv

¨§¬¥

GZ`fbl_deZ\brm

nmgdpbx^eye_\hc^bkie_cghc

deZ\brbgZij^hklmidÄ

?

AZl_f\uihegbl_l_`_

mkem]Zf6,0³

^_ckl\byqlhbijb

WlZ^bkie_cgZydeZ\brZlZd`_fh`_l

gZkljhcd_

\j_f_gghZ\lhfZlbq_kdbaZf_gylvky

gZgZijdeZ\brmgh\h]hkhh[s_gby



 EUXVIP 3%H[WUHPHUXVV$+$



<vlmkvd]v\ik

Hig`k[liek[t `hhi^ih[\ik[

Cljifwbi][hc`

>ey[ukljh]h\u[hjZ\ufh`_l_

GZ[hjaZdj_ie_ggh]haZdeZ\br_c

bkihevah\Zlv\k_pbnjh\u_deZ\brbk

Z[hg_glkdh]hghf_jZbeb\uah\

^hdZddeZ\brbkhdjZs_ggh]h

nmgdpbbhkms_kl\eyxlkyke_^mxsbf

gZ[hjZ

h[jZahf\j_`bf_]hlh\ghklb

gZ`fbl_deZ\brm

Pbnjh\mxdeZ\brm

ke_^m_l

bkihevah\Zlv^eyZ[hg_glkdh]h

GZ^bkie_cgZf_klhe_\hc

ghf_jZijhkemrb\Zgbyj_q_\hc

^bkie_cghcdeZ\brb

ihqlu

\u\h^blkyghf_jbeb

nmgdpbyaZdj_ie_ggu_aZ

H[lmkide[

deZ\br_cgZij

Ijbi_j\hfaZdj_ie_gbbZ[hg_glkdh]h

ghf_jZbebnmgdpbbaZpbnjh\hc

¨£°»

GZ`fbl_deZ\brm

deZ\br_cgZij

®ª

GZ`fbl_deZ\brm

GZ`fbl_pbnjh\mx

deZ\brm

beb

³±²

GZ`fbl_deZ\brm

GZ`fbl_deZ\brm

Y

<u[_jbl_nmgdpbx

Ijb\u[hj_

®¬¥°²¥«¥´

hldju\Z_lky

GZ`fbl_deZ\brm

l_e_nhgguckijZ\hqgbd

5

Y

<u[_jbl_bfy\\h^y

Cbg`h`hc`

i_j\mx[md\mbbebebklZy

gZij

%XUR

GZ`fbl_bhlimklbl_

deZ\brmgZ^bkie_c

cfc

\u\h^blkyl_dmsZy

?keb\u\u[jZebijbeh`_gb_gZij

gZkljhcdZgZij

¨£°»



¨£°»

lhhghkjZamaZdj_iey_lkyaZ

¨£°»

GZ`fbl_deZ\brm

deZ\br_c

¨§¬¥

AZl_f\uihegbl_l_`_

¢»¡®°

GZ`fbl_deZ\brm

^_ckl\byqlhbijb

gZkljhcd_

 EUXVIP 3%H[WUHPHUXVV$+$



=i]k`gzk[b^i]ik[

>KIGEILMW

o

Ime[bimjkc`g[hi]i^i

]vbi][

a¬¥¾

GZ`fbl_deZ\brmGZ

®²ª§

Hldehgbl_\uah\

^bkie_c\u\h^blkyf_gx

<uau\ZxsbcZ[hg_gl

£°®¬ª®±²¼

<u[_jbl_

keurblkb]gZeÄaZgylh³

beb



c

l_i_jv]jhfdhklvfh`gh

j_]mebjh\Zlvkihfhsvx

¯¥°¥¤

I_j_Z^j_kmcl_\uah\

e_\hc^bkie_cghcdeZ\brb

gZijgZZ\lhhl\_lqbd

ihqlh\ucysbd_kebwlZ

nmgdpbygZkljh_gZ

=mikid]vbi]

kfklj

?keb\h\j_fyjZa]h\hjZ\Zf

p

B[]`ks`hc`m`ent`^i

ihklmiZ_l\uah\lh\ukeurbl_

Äkb]gZebaZpbx\lhjh]h\uah\Z³

k[b^i]ik[jkc`ghi]i^i

<hafh`gh^eyihemq_gbywlhcmkem]b

]vbi][

\Zfihlj_[m_lkyki_pbZevgh

AZ\_jrbl_l_dmsbc

aZj_]bkljbjh\Zlvkyb\uihegblv

jZa]h\hjgh\uc\uah\

khhl\_lkl\mxsmxgZkljhcdml_e_nhgZ

kb]gZebabjm_lkyh[uqguf

kfklj

\uau\gufkb]gZehf

¯°¨¥¬

Ijbfbl_gh\uc\uah\

+

B[jclh[zehcae[

&DUROD

<ufh`_l_\\_klbZ[hg_glkdbcghf_j

®²ª§ ¯®¯¥°

\h\j_fyjZa]h\hjZ\hafh`gh\Zr

kh[_k_^gbdkfh`_lmkeurZlvdZd\u

\\h^bl_ghf_jWlhlghf_j\ufh`_l_

gZ[jZlvbebkhojZgblvihke_

M\Zk_klvljb\hafh`ghklb

hdhgqZgbykh_^bg_gby

n

JIJ@K

¯®¯¥°

Ijbfbl_gh\uc\uah\b

i_j_\_^bl_l_dmsbc\uah\

gZm^_j`Zgb_

I_j_dexq_gb_f_`^m

jZa]h\hjZfb

\ufh`_l_i_j_dexqZlvky

f_`^m^\mfyjZa]h\hjZfb

 EUXVIP 3%H[WUHPHUXVV$+$



=i]k`gzk[b^i]ik[

Eiho`k`hql]zbw

jij`k`g`hhvdk[b^i]ikji

_]

n

M\Zk_klvljb\hafh`ghklb

n

JIJ@K

gfchczg

¯®¯¥°

<ufh`_l_i_j_dexqZlvky

f_`^m^\mfyjZa]h\hjZfb

<h\j_fyjZa]h\hjZ\uah\bl__s_

h^gh]hZ[hg_glZ

Ihke_aZ\_jr_gbyl_dms_]h

<ufh`_l_i_j_dexqZlvkyf_`^m

jZa]h\hjZke_^m_laZijhkÄ<ha\jZld

^\mfyjZa]h\hjZfbbebh[t_^bgblv

m^_j`b\Z_fhfmkh_^bg_gbx

jZa]h\hju\dhgn_j_gpk\yav<

dhgn_j_gpk\yabfh]mlmqZkl\h\Zlv

¤

 Ih\lhjgucijb_f

fZdkbfmfZ[hg_glh\

m^_j`b\Z_fh]h

kh_^bg_gby

Khh[sbl_hk\h_fgZf_j_gbb

kh[_k_^gbdmaZl_f

¥²

JZat_^bg_gb_

m^_j`b\Z_fh]h

kh_^bg_gby

H

 

0



R



0



o

EIHO@K@HQCZ



a

¬¥¾

GZ`fbl_deZ\brmb

³¤¥°¦

a

¬¥¾

\u[_jbl_

ª®´¥°¥¶¨¿

M^_j`b\Z_fh_kh_^bg_gb_

ih^dexqZ_lkydl_dms_fm

V

GZ`fbl_

dhgn_j_gpk\yabfh]ml

mqZkl\h\ZlvfZdkbfmf

L_dms__kh_^bg_gb_i_j_\h^blkygZ

Z[hg_glh\

m^_j`Zgb_

5



<\_^bl_Z[hg_glkdbcghf_j

p

B[]`ks`hc`li`_ch`hcz

beb\u[_jbl_ghf_jba

l_e_nhggh]hkijZ\hqgbdZ

GZ`fbl_deZ\brm

JZat_^bgyxlky\k_

MklZgh\bl_gh\h_

kh_^bg_gby

kh_^bg_gb_

<hafh`ghg_\k_hibkZggu_nmgdpbb

ih^^_j`b\Zxlky\Zrbfhi_jZlhjhf

k_lb

 EUXVIP 3%H[WUHPHUXVV$+$



=i]k`gzk[b^i]ik[

G`hy]i]k`gzk[b^i]ik[

J@K@?;MWEI?

Ke_^mxsb_nmgdpbb\ufh`_l_

<ufh`_l_i_j_^Z\ZlvlhgZevgu_

bkihevah\Zlvlhevdh\h\j_fy

ihke_^h\Zl_evghklbpbnju^ey

jZa]h\hjZ

mijZ\e_gbyZ\lhhl\_lqbdhfbeb

^jm]bfbmkljhckl\Zfb

a¬¥¾

GZ`fbl_deZ\brmgZ^bki

e_c\u\h^blkyf_gxaZl_f

Cbm`f`oihhi^iljk[]irhce[

\u[_jbl_ gm`gmxnmgdpbx

MklZgh\bl_kh_^bg_gb_kmkljhckl\hf

a¬¥¾

AZl_fhldjhcl_f_gx

66666666666

^hklmigh_\h\j_fy

£°®¬ª®±²¼

jZa]h\hjZb\u[_jbl_

¬¨ª°®´® ¢»ª«

¯¥°¥¤²¼ª®¤

ª®´¥°¥¶¨¿

GZ`fbl_deZ\brm

¢°¥¬¿±²®¨¬

<u[_jbl_\l_e_nhgghf

¯¥°¥¤²¼ª®¤

kijZ\hqgbd_bfylhgZevghc

¯¥°¥ª«¢»§®¢

ihke_^h\Zl_evghklb

£«¢®¥¬¥¾

±®±²®¿¢»§®¢

=]i_]knrhny

66666666666

Ihke_mklZgh\e_gbykh_^bg_gby

>KIGEILMW

5



®ª

<\_^bl_pbnjulhgZevghc



c

Hlj_]mebjmcl_]jhfdhklvk

ihke_^h\Zl_evghklb

ihfhsvxe_\hc^bkie_cghc

deZ\brb

J@K@EF=VBI=;

MklZgZ\eb\Z_lkykh_^bg_gb_f_`^m

Ijbbkihevah\Zgbb\kljZb\Z_fh]h

Z[hg_glZfbkdhlhjufb\u]h\hjbeb

Z\lhfh[bevgh]hdhfie_dlZÄ.RPIRUW³

<uhldexqZ_l_kvhlh[hboZ[hg_glh\

wlZj_]mebjh\dZg_\eby_lgZh[uqgmx

<hafh`ghwlZnmgdpbyih^^_j`b

gZkljhcdm

\Z_lkyg_\k_fbhi_jZlhjZfbk_lb

GCEKIOIH=VEF

>F;=HI@G@HY

<ufh`_l_\dexqZlvbeb\udexqZlv

<ufh`_l_[ukljhi_j_clb\^jm]b_

fbdjhnhg?kebfbdjhnhg\udexq_g

f_gxgZij^eyijhkfhljZ

\Zrkh[_k_^gbdg_fh`_l\Zk

khh[s_gbybebZ[hg_glkdh]hghf_jZ

keurZlv

kflZd`_klj

EIHO@K@HQCZ

kfklj

LILMIZH=VBI=;

<u\h^blkykibkhd\k_om^_j`b\Z_fuo

=K@GZLMICG

bl_dmsbokh_^bg_gbcgZij

<h\j_fykh_^bg_gbygZ^bkie_c

mqZklgbdbdhgn_j_gpk\yab

\u\h^blky\j_fyjZa]h\hjZbklhbfhklv

jZa]h\hjZ_kebkhhl\_lkl\mxsZy

nmgdpbygZkljh_gZkfklj

 EUXVIP 3%H[WUHPHUXVV$+$



I^f[]higg`hy

>f[]hi`g`hy

I<U@GG@HY

=eZ\gh_f_gxh[_ki_qb\Z_l\Zf

>eyh[e_q_gbygZqZeZbkihevah\Zgby

^hklmidhkgh\gufnmgdpbyfb

l_e_nhgZihegh_]eZ\gh_f_gx

gZkljhcdZfl_e_nhgZ>ey\uah\Z

khdjZs_gh^h\Z`g_crbonmgdpbc

]eZ\gh]hf_gx\j_`bf_]hlh\ghklb

kflZd`_klj

gm`ghgZ`ZlvijZ\mx^bkie_cgmx

deZ\brm

¬¥¾

Î

±²°®©ª¨

Î

®¡º¥¬¬¥¾

¬¥¾

hldju\Z_lky]eZ\gh_f_gx

NLFN>C6,0

hipby

<]eZ\gh_f_gx\oh^ylke_^mxsb_

]jmiiunmgdpbc

KihfhsvxdZjlhqdb6,0\Zr

hi_jZlhjk_lbfh`_lij_^eZ]Zlv

66666666666

ki_pbZevgu_ijbeh`_gbygZij

¯®¤±ª§ª¨

mkem]b^hfZrg_]h[ZgdZ[bj`_\mx

³±«³£¨6,0

bgnhjfZpbxbl^

¨£°»¨²¥°¥²

T

?keb\uaZj_]bkljbjh\Zebkv^ey

¡¾°®®²¤»µ

bkihevah\Zgbyh^ghcbawlbomkem]__

±®®¡¹¥¨¿

gZa\Zgb_ihy\ey_lkyi_j\hckljhdhc\

¯°®²®ª®«»

]eZ\ghff_gxbebkjZamgZ^e_\hc

¯°®´¨«¨

^bkie_cghcdeZ\br_c

³¤¨®

¢°¥¬¯«²

?

Kbf\hemkem]b6,0

¯¥°¥¤°¥±

±²°®©ª¨

?kebmkem]g_kdhevdhlhhgb

66666666666

ij_^eZ]Zxlky\f_gxÄmkem]b6,

<k_imgdluf_gxhldju\Zxlih^f_gx

¬¥¾

Î

³±«³£¨6, 0

\dhlhjuo\ufh`_l_\u[jZlvgm`gu_

nmgdpbb

KihfhsvxnmgdpbbÄmkem]b6,0³\Z r

l_e_nhgfh`_lijhklhj_Z]bjh\ZlvgZ

GZ`bfZcl_deZ\brm^ey

jZkrbj_gb_ki_dljZmkem]ij_^eZ]Z_

\ha\jZlZ\f_gxgZh^bg

fuohi_jZlhjhfk_lbAZ^hihegbl_ev

mjh\_gv?kebgZ`Zlvwlm

ghcbgnhjfZpb_ch[jZsZcl_kvd

deZ\brm\]eZ\ghff_gxlh

\Zr_fmhi_jZlhjmk_lb

\u\ha\jZsZ_l_kv\j_`bf

]hlh\ghklb

C>KV

GZqbgZykwlh]hf_klZ\

Bgkljmdpbb

ihwdkiemZlZpbb

^hklmidf_gx

ij_^klZ\e_g\khdjZs_gghf\b^_

gZij

¬¥¾

Î

³¤¨®

Î

£°®¬ª®±²¼

wlhhagZqZ_l

¬¥¾

Hldjhcl_f_gx\u[_jbl_

³¤¨®

aZl_f\u[_jbl_

£°®¬ª®±²¼

CHM@KH@M

T

;ukljuc^hklmiba]eZ\gh]hf_gxd

b]jZfkljnmgdpbyfBgl_jg_l

klj

Hi_jZlhjk_lbfh`_lbkihevah\Zlv

wlhlimgdlf_gx^ey^jm]hcnmgdpbb

 EUXVIP 3%H[WUHPHUXVV$+$



<YKIIM?VP

;XJHHL>UO\dexqZ_l\k_[y

ke_^mxsb_]jmiiunmgdpbc

66666666666

¨²¥° ¥²

T

¢±²°¥·¨

ª«¼ª³«¿²®°

¯¥°¥±·ª³°±

¢¨§¨²ª

¨£°»

µ°®®¬¥²°

66666666666

CHM@KH@M

ÄIml_r_kl\mcl_³ihk_lbBgl_jg_lb

agZdhfvl_kvkgh\hcbgnhjfZpb_c

BgnhjfZpb yi_j_^Z_lky\

ki_pbZevghfnhjfZl_

Z^Zilbjh\Zgghfd\hafh`ghklyf

hlh[jZ`_gbygZ^bkie__l_e_nhgZ

>hklmidBgl_jg_l\hafh`_gijb

mkeh\bbki_pbZevghcj_]bkljZpbbm

hi_jZlhjZk_lb

H[lmkidec

I_j_^i_j\ufkh_^bg_gb_fkk_lvx

Bgl_jg_lg_h[oh^bfhgZkljhblv

kh_^bg_gb_?kebgZkljhcdbg_[ueb

k^_eZgu\Zrbfhi_jZlhjhfk_lblh

\u^he`gukdhgnb]mjbjh\Zlv

ih^dexq_gb_kZfb<hafh`gh^ey

wlh]hihlj_[m_lkybkihevah\Zlvf_gx

ÄgZkljhcdb³[jZma_jZ>hihegbl_ev

gmxbgnhjfZpbx\ufh`_l_ihemqblv

m\Zr_]hhi_jZlhjZk_lb

T

?ilmnjeChm`kh`m

¬¥¾

Î

¡¾°®®²¤»µ

Î

¨²¥°¥²

Ihke_mklZgh\e_gbykh_^bg_gby

i_j_^Z_lkygZqZevgZy^hfZrgyy

kljZgbpZhi_jZlhjZk_lb<aZ\bkb

fhklbhlhi_jZlhjZk_lbgZwlhc

kljZgbp_fh]ml[ulvjZaebqgu_

aZibkbgZij

ÎÂÎÑÒÈ

±ÏÎÐÒ

¡ÈÐÆÀ

9:

®¯¶

E

Y

5

<u[hj\f_gxebklZgb_f

\\h^hfpbnj

Ef[]cs[lg`hv

IjZ\hc^bkie_cghcdeZ\br_

gZagZq_gunmgdpbbl_dms_ckljZgbpu

Bgl_jg_l

®¯¶

E

>ey\u\h^ZgZ^bkie_c

jZaebqgucnmgdpbc

gZ`bfZcl_ijZ\ucdjZc

ijZ\hc^bkie_cghc

deZ\brb

W

GZ`fbl_^eykf_gu

X

GZ`fbl_^ey\u[hjZ

NmgdpbyijZ\hc^bkie_cghcdeZ\brb

ihklhyggZ

®¯¶

HgZkem`bl^ey

\u\h^ZgZ^bkie_cf_gx[jZma_jZ

 EUXVIP 3%H[WUHPHUXVV$+$



<YKIIM?VP

G@HY<K;NB@K;

H;LMKIDEC

®¯¶¨¨

<f_gx[jZma_jZbf_xlky

<wlhf_gx\dexq_gunmgdpbb^ey

ke_^mxsb_nmgdpbb

jmqghcgZkljhcdb^Zgguokh_^bg_gby

Ih^jh[ghklb\ufh`_l_magZlvm\Zr_]h

66666666666

hi_jZlhjZk_lb

±²°²±²°

¯®¬¥²±²°

JIGITW

§ª«¤ª¨

KijZ\dZhnmgdpbyo^hklmiguo\

¤°¥±

l_dms_ckblmZpbb

ª®¥¶±®¥¤

±¡°®±

=@KLCZ

±²°®©ª¨

Bg^bdZpbybkihevam_fhc\_jkbb

¯®¬® ¹¼

[jZma_jZ

¢¥°±¨¿



66666666666

LM;KMLMK

<Zrbgl_jg_l[jZma_j

ebp_gabjh\Zg

I_j\ZykljZgbpZBgl_jg_ldhlhjZy

\u\h^blkygZ^bkie_cihke_

kh_^bg_gbyFh`_lhij_^_eylvky

hi_jZlhjhfk_lb

JIG@MLMK

>h[Z\e_gb_l_dms_ckljZgbpud

kibkdmaZdeZ^hd

B;EF;?EC

KibkhdqZklhihk_sZ_fuoZ^j_kh\

Bgl_jg_l85/>ey\uah\ZkljZgbpu

\u[_jbl_ gm`gmxaZibkv

;?K@L

Bg^bdZpby85/

8QLIRUP5HVRXUFH/RFDWRU

Mgb\_jkZevguc:^j_kJ_kmjkZ

<u\h^blkyZ^j_kl_dms_ckljZgbpu

I_j_oh^dkljZgbp_

<ufh`_l_\\_klbgm`gucZ^j_k

EIH@QLI@?

JZat_^bg_gb_k\yabkBgl_jg_l

L<KIL

KlbjZgb_kibkdZihk_s_gguojZg__

kljZgbp

 EUXVIP 3%H[WUHPHUXVV$+$



<YKIIM?VP

=LMK@RC

Mcjvh[jigch[hcd

¬¥¾

Î

¡¾°®®²¤»µ

Î

¢±²°¥·¨

e

¯®¬¨

<kibkd_gZihfbgZgbc\ufh`_l_

DjZldbcl_dklfZdk

aZ^Zlv^eydZ`^h]h^gyg_kdhevdh

agZdh\

jZaebqguogZihfbgZgbcIjb

g

¢»§®¢

gZklmie_gbb\j_f_gbgZihfbgZgby

a\mqblkb]gZemklZgh\dZqZkh\

<\_^bl_Z[hg_glkdbcghf_j

kfklj

beb\u[_jbl__]hbal_e_

nhggh]hkijZ\hqgbdZ



IjbgZklmie_gbbkjhdZ

¥¡µ°¥¨µ¬©³§!

gZihfbgZgbywlhlghf_j

_

¢±²°¥·

h

\u\h^blkygZ^bkie _c

h

¢±²°¥·

9:



¢»¡®°

d

¤¥¼°®¦¤

¢»¡®°

Fh`gh^h[Z\blvdjZldbc

=]i_hi]i^ih[jigch[hcz

l_dkl

®ª

KhojZg_gb_aZibkb

Y

<u[_jbl_

¥¡µ°¥¨µ¬©³§!

¢»¡®°

GZ`fbl_deZ\brm

K`eig`h_[qcc

5

?kebg_h[oh^bfhbaf_gbl_

.

Wlhlkbf\hegZ^bkie__

^Zlmb\j_fy

ihdZau\Z_lqlh\dexq_gh

gZihfbgZgb_

C

Qlh[uk^_eZlvgZihfbgZgb_

<k_]hfh`gh\\_klbfZdkbfmf

ih\lhjyxsbfkygZ`fbl_

aZibk_c

wlmdeZ\brm

GZihfbgZgb_a\mqblbijb

Y

<u[hjlbiZgZihfbgZgby

\udexq_gghfl_e_nhg_>ey

¤²¥¦¥¤¥¢®



¥¦¥¥¤¥«¼®



\udexq_gbykb]gZeZgZihfbgZgby

¥¦¥¬¥±¿·®

¥¦¥£®¤®

gZ`fbl_ex[mxdeZ\brm

¢»¡®°

Ih^l\_j^bl_\u[hj

KihfhsvxdeZ\brb

¯³§

fh`gh

hleh`blvkb]gZegZihfbgZgbygZ

®ª

<dZq_kl\_agZq_gbyih

fbgml

mfheqZgbxij_^eZ]Z_lky

GZkljhcdZkb]gZegZihfbgZgby

lbigZihfbgZgby

¯®¬¨



kfklj

¨§¬¥

<u[_jbl_^jm]hclbi

GZkljhcdZ\j_fykfklj

gZihfbgZgbybeb\\_^bl_

djZldbcl_dkl

[

?keb\ugZoh^bl_kv\

kZfhe_l_h[jZlbl_

\gbfZgb_gZihfbgZgby

\dexqZxlky^Z`__keb

l_e_nhg\udexq_g

 EUXVIP 3%H[WUHPHUXVV$+$



<YKIIM?VP

I\k[\ime[h[jigch[hcd

E;FWENFZMIK

T

¬¥¾

Î

¡¾°®®²¤»µ

Î

_



¢±²°¥·

h

ª«¼ª³«¿²®°

_

´ÈÐÌÀ

g

5

<\_^bl_i_j\h_qbkeh



##

kem`bl^ey\\h^Z

^_kylbqghclhqdb

9:



®¯¶¨¨



GZ`bfZcl_e_\mx

^bkie_cgmxdeZ\brmk

Y

<u[_jbl_gm`gh_

ijZ\hcklhjhgu^hl_oihj

gZihfbgZgb_

ihdZg_ihy\blkyagZd

gm`gh]hZjbnf_lbq_kdh]h

®¯¶¨¨

<u\h^ylkyke_^mxsb_

^_ckl\by

f_gx

5

<\_^bl_\lhjh_qbkeh

66666666666

®ª

Ihke_gZ`ZlbydeZ\brb

¯®ª§¯®¬¨

\u\h^blkyj_amevlZl

¨§¬¥¯®¬¨

ª²¨¢¯®¬¨

?ijifhcm`fwhv`onheqcc

¤¥ª²¯®¬¨

³¤«¯®¬¨



GZ`bfZcl_e_\mx

³¤«¨²¼±¯¨±®ª

^bkie_cgmxdeZ\brmk

66666666666

ijZ\hcklhjhgu^hl_oihj

ihdZg_ihy\blkyagZd

JIE;BH;JIGCH

gm`gh]hZjbnf_lbq_kdh]h

GZ^bkie_c\u\h^blky\u[jZggh_

^_ckl\by

gZihfbgZgb_

Kf_gZagZdZqbkeZ

CBG@HH;JIGCH

b

KfÄ<\h^gh\h]hgZihfbgZgby³

I_j_\h^\ijhp_glu

A

KhojZg_gb_hlh[jZ`Z_fh]h

;EMC=H;JIGCH?@;EMH;JIGCH

gZ^bkie__qbkeZ

Hldexq_ggh_gZihfbgZgb_fh`gh

B

<uah\khojZg_ggh]hqbkeZ

kgh\ZZdlb\babjh\ZlvbgZh[hjhl

baiZfylb

N?;FH;JIGCH

H

Wdkihg_glZlhevdh

h^ghjZajy^gZy

KlbjZgb_gZihfbgZgbybakibkdZ

gZihfbgZgbcbbadZe_g^Zjy

K`eig`h_[qcc

N?;FCMWLJCLIE

WlZdeZ\brZkhhl\_lkl\m_l

KlbjZgb_\k_o\\_^_gguo

^bkie_cghcdeZ\br_



gZihfbgZgbc

WlZdeZ\brZkhhl\_lkl\m_l

^bkie_cghcdeZ\br_

 EUXVIP 3%H[WUHPHUXVV$+$



<YKIIM?VP

J@K@LRENKL;

I\k[\ime[enkl[i\ g`h[

¬¥¾

Î

¡¾°®®²¤»µ

Î

¯¥°¥±·ª³°±

Y

<u[_jbl_\kibkd_gm`gmx

iZjmdmjkh\

Kihfhsvxdhg\_jlhjZ\Zexlfh`gh

i_j_kqblu\Zlv\k_\hafh`gu_

®¯¶¨¨

GZ`fbl_deZ\brmGZ

dhf[bgZpbblj_ojZaebqguodmjkh\

^bkie_c\u\h^blky

\Zexlu

ke_^mxs__f_gx

66666666666

=]i_hi]idj[kvenkli]][fym

¯¥°¥±·¨²²¼

I_j_^i_j\ufbkihevah\Zgb_f

¡««¡£§¥©³¡£¹£§

ke_^m_l\\_klb\Zexlubdmjku

®¢¿§¯¨±¼

h[f_gZ\ZexlfZdk

¤©¡£±¡¶§¥©³¡£¹£

66666666666

?kebgbh^gZiZjZdmjkh\_s_g_

\\_^_gZ

J@K@LRCM;MW

¨§¬¥

GZ`fbl_deZ\brmaZl_f

5

<\h^i_j_kqblu\Z_fhc

\u[_jbl_

±¢®¾¢¨®±²°

kmffu

5



®ª

<\_^bl_h[hagZq_gb_

®ª

GZqZehi_j_kq_lZ\^jm]mx

kh[kl\_gghc\ZexlugZij

\Zexlm

'0

¯®¢²®°

Gh\uc\\h^

5



®ª

<\_^bl_h[hagZq_gb_

bghkljZgghc\ZexlugZij

<FF<>B@DN<>T>B

=

_\jh

8



5

GZijbf_j^eybaf_g_gby

5



®ª

L_i_jv\\_^bl_

dmjkZi_j_kq_lZ<uihegbl_

khhl\_lkl\mxsbcdmjk

l_`_^_ckl\byqlhbijb

h[f_gZgZij'0 aZl_f

\\h^_gh\hcaZibkb

=

 

®ª

Ih^l\_j^bl_\\h^

HI=;ZB;JCLW

5



®ª

<\_^bl_\Zexlubdmjku

h[f_gZdZdwlhhibkZgh

\ur_

?D<>L<QB@DN<>T>

Hlf_q_ggZyaZibkv

klbjZ_lkyihke_

ih^l\_j`^_gby

 EUXVIP 3%H[WUHPHUXVV$+$



<YKIIM?VP

=CBCME;

T

G`hy]cbcmhide[kmirec

¬¥¾

Î

¡¾°®®²¤»µ

Î

¢¨§¨²ª

®¯¶¨¨

GZ`fbl_deZ\brm

<u\h^blkyke_^mxs__

<ufh`_l_khklZ\blvk\hx

f_gx

kh[kl\_ggmx\bablgmxdZjlhqdmb

ihkeZlv__dZdl_dklh\h_khh[s_gb _gZ

66666666666

^jm]hcl_e_nhg*60

¯¥°¥¤²¥ª±²"

?keb\bablgZydZjlhqdZg_[ueZ

¨§¬¥¨²¼²¥ª±²

khklZ\e_gZjZg__lhkjZamke_^m_l

66666666666

aZijhkgZ\\h^^Zgguo

J@K@?M@ELM"

5



®ª

Fh`gh\\_klbke_^mxsb_

I_j_^ZqZ\nhjfZl_l_dklh\h]h

^Zggu_

khh[s_gby606kfklj

66666666666

CBG@HCMWM@ELM

¨¬¿!

<uihegbl_l_`_^_ckl\byqlhbijb

´¬¨«¨¿!

gh\hf\\h^_

´¨°¬!

½«¯®·²¡¾°®!

½«¯®·²«¨·!

²¥«¥´®¡¾°®!

²¥«¥´®¤®¬!

£®°®¤!

¯®·²®¢¨¤¥ª±!

³«¨¶!

66666666666

K`eig`h_[qcc

Kh^_j`Zgb_\bablghcdZjlhqdbb

ihjy^hdihe_ckhhl\_lkl\mxl

f_`^mgZjh^ghfmklZg^Zjlm

Y&DUG

Ijbi_j_^Zq_\bablghcdZjlhqdb

ke_^m_lmqblu\Zlvqlh

fZdkbfZevg Zy^ebgZl_dklh\h]h

khh[s_gbykhklZ\ey_lagZdh\

 EUXVIP 3%H[WUHPHUXVV$+$



<YKIIM?VP

C>KV

E=;MMKIJIFC

<ZrZp_evi_j\ufmklZgh\blv

¬¥¾

Î

¡¾°®®²¤»µ

Î

¨£°»

nbrdb\jy^ih]hjbahglZebih



\_jlbdZebbebih^bZ]hgZeb

«¡¨°¨²

®¯¶¨¨

<ufh`_l_ihkfhlj_lv

°¥¢¥°±¨

ih^kdZadbhij_^_eblvdlh

ª¢²²°®¯®«¨

gZqbgZ_lb]jmb\u[jZlv

±¯¥°

mjh\_gvkeh`ghklb



±²°²

GZqZehb]ju

F;<CKCHM

Njk[]f`hc`

GZc^bl_\uoh^baeZ[bjbglZk

lj_of_jghci_jki_dlb\hc

®¯¶¨¨

<ufh`_l_ihkfhlj_lv

ih^kdZadbemqrb_

mklZgh\blv

j_amevlZlub\u[jZlv

mjh\_gvkeh`ghklb

±²°²

GZqZehb]ju

L;J@K

GZc^bl_\k_ihey[_afbg

K@=@KLC

®¯¶¨¨

<ufh`_l_ihkfhlj_lv

IhklZjZcl_kvaZo\ZlblvdZdfh`gh

ih^kdZadb\u[jZlvjZaf_j

[hevr_ihe_cÄ[ehdbjmy³ihey

b]jh\h]hiheybihkfhlj_lv

ijhlb\gbdZ

emqrb_j_amevlZlu

®¯¶¨¨

<ufh`_l_ihkfhlj_lv

±²°²

GZqZehb]ju

ih^kdZadbhij_^_eblvdlh

gZqbgZ_lb]jmb\u[jZlv

Njk[]f`hc`

mjh\_gvkeh`ghklb

±²°²

GZqZehb]ju

Njk[]f`hc`c^k[gcf[\ckchmc

k`]`klc

Pbnju IhdZau\Zxldhebq_kl\hfbg

gZkhk_^gboyq_cdZo

Hldjulvyq_cdm

ÄmklZgh\blv³^eyb]juj_\_jkb

Hlf_lblvyq_cdm\dhlhjhc

Äh[ahj³^eyb]jueZ[bjbgl

ih<Zr_fmfg_gbx

gZoh^blkyfbgZ

Hldjulvijbh^bgZdh\hf

dhebq_kl\_fbgb

hlf_lhd

 EUXVIP 3%H[WUHPHUXVV$+$



<YKIIM?VP

PKIHIG@MK

L@ENH?IG@K

Bg^bdZpby\j_f_gbklhqghklvx^h

¬¥¾

Î

¡¾°®®²¤»µ

Î

µ°®®¬¥²°

k_dmg^u

GZ^bkie_c\u\h^blkyf_gx

ImkdhklZgh\k_dmg^hf_jZ

Bg^bdZpbyijhf_`mlhqgh]h

66666666666

\j_f_gbIhke_^g__\j_fy

¡³¤¨«¼¨ª

khojZgy_lky

±¥ª³¤®¬¥°

®¡°®²±·¥²

§¤

H[gme_gb_k_dmg^hf_jZ

66666666666

®¯¶¨¨

GZ`fbl_deZ\brm<u

<N?CFWHCE

fh`_l_\u[jZlvh^gmba

nmgdpbc

?kebl_e_nhg\dexq_glh\aZ^Zggh_

\j_fy\umkeurbl_Zdmklbq_kdbc

LIPK;HB;JCLW

kb]gZe

<ufh`_l_^h[Z\blvdhff_glZjbcd

=efyr`hc`]vefyr`hc`

aZibkbbkhojZgblv__

¨§¬¥

>ey\dexq_gby\udexq_gby

<FF<>B@DN<>T>B

gZ`fbl_deZ\brm

Dhff_glZjbcfh`ghbaf_gblv

®ª

Ihke_\dexq_gbyfh`gh

?D<>L<QB@DN<>T>

baf_gblv\j_fy

KlbjZgb_l_dms_caZibkb

5



®ª

Baf_g_gb_\j_f_gbkb]gZeZ

LJCLL@ENH?IG

bkijZ \e _gb _kihfhsvx

8



<u\h^blkykibkhdkkhhl\_lkl\mxs_c

^ZlhcaZibkb

GZkljhcdZ

kb]gZekfklj

N?;FCMWLJCLIE

GZkljhcdZqZkukfklj

KlbjZgb_kibkdZ

I<KIMLR@M

Ijhoh^blaZ^Zggh_\j_fyAZljb

k_dmg^u^hhdhgqZgby\j_f_gba\mqbl

Zdmklbq_kdbckb]gZeDh]^Z\j_fy

aZdZgqb\Z_lkya\mqblki_pbZevguc

kb]gZe

¨§¬¥

Fh`gh\\_klb\j_fy

±²°²

<dexq_gb_lZcf_jZ

 EUXVIP 3%H[WUHPHUXVV$+$



LII<T@HCZ

Kihfhsvxl_e_nhgZ\ufh`_l_

Lmck[hc`

lii\t`hcz

ijbgbfZlvbi_j_^Z\Zlvl_dklh\u_

<dhgp_khh[s_gby\u\h^blkyaZijhk

khh[s_gby606bijbgbfZlv

ohlbl_eb\ukl_j_lvwlhkhh[s_gb_

j_q_\u_khh[s_gbybkhh[s_gby

bgnhjfZpbhgguokem`[

Khh[s_gbyke_^m_lih\hafh`ghklb

klbjZlvlZddZdiZfylvgZdZjlhqd_6,0

<\h^l_dklZkihfhsvxÄ7³

h]jZgbq_gZ?kebhgZaZiheg_gZlh

iha\hey_lijhklhbhq_gv[ukljh

\\h^blv^ebggu_l_dkluklj

fb]Z_lkbf\hekhh[s_gbyb

ijb_fl_dklh\uokhh[s_gbc

g_\hafh`_g

Rm`hc`

hi]vp

lii\t`hcd

Rm`hc`

lm[kvp

lii\t`hcd

Ijbihklmie_gbbgh\h]h

<ufh`_l_\u[jZlvklZju_khh[s_gby

khh[s_gbygZ^bkie__

\kibkd_\oh^ysbobebbkoh^ysbo

ihy\ey_lkywlhlkbf\he

khh[s_gbcZaZl_fijhqblZlvbo

kfklj

H

®ÏÅÐÀÒÎÐÑÅÒÈ

K`eig`h_[qcc

®¯¶¨¨

<uah\f_gxkhh[s_gbck

¬¥¾

^hihegbl_evgufb

nmgdpbyfbkfklj

?keb\l_dkl_khh[s_gby\u^_e_g

V

GZ`fbl_deZ\brm

.

Z[hg_glkdbcghf_jbfylh\u

fh`_l_

Khh[s_gb_\u\h^blkygZ^bkie_c

khojZgblvghf_j\

ykljhdZ ^ZlZb\j_fy

l_e_nhgghfkijZ\hqgbd_

ykljhdZ Z[hg_glkdbcghf_jbfy

hlijZ\bl_ey

iha\hgblvihwlhfmghf_jm

ykljhdZ l_dklkhh[s_gby

<gh\vihklmib\rb_khh[s_gby

fh]mlkjZam\u\h^blvkygZ^bkie_c

nmgdpbyaZ\bkblhlhi_jZlhjZ

 

k_lb



¢ÑÒÐÅÒÈÌÑßÂ"

9:

®¯¶¨¨

Y

EbklZcl_

.

 EUXVIP 3%H[WUHPHUXVV$+$



LII<T@HCZ

Lilm[]f`hc`

hi]i^i

G`hy

m`elm

<f_gxÄl_dkl³\dexq_guke_^mxsb_

lii\t`hcz

nmgdpbbh[jZ[hldbl_dklZ

¬¥¾

Î

±®®¡¹¥¨¿

Î

¯¨±²¥ª±²

66666666666

Î

¢¢¥±²¨²¥ª±²

¡°¯³´¯«§ª¥©¬¥

5

<\_^bl_l_dklkhh[s_gby

¡°¯¨§ª¥µ³§ª¥©¬

\\h^l_dklZklj



¥©³¡£¹£§¥©ª¯¡³

77H[W,QSXW

¬ÛÌÎÆÅÌÂÑÒÐÅÒÈÒÜÑß

£«¹³³¡7

°«§±¯¶¯±©¥³7

ÇÀÂÒÐÀÂ

¥©³¡£¹£§£±¡¬¬§

ÑÃ¯ÅÒÐÎÂÛÌ"

¤©¡£±¡¶§ª¥©¬¥

66666666666

<;

7

8

®ª

<KJNOJFB

E@DG@H

<\h^Z[hg_glkdh]hghf_jZihemqZl_ey

®ª

Hldjhcl_f_gxl_dklZ

beb\u[hj_]hbal_e_nhggh]h

<u[_jbl_

¡°¯³´¯«§ª¥©¬¥

kijZ\hqgbdZbihke_^mxsZyi_j_^ZqZ

khh[s_gby

?i\[]wm`

[\ih`hmlecd

hig`k

<KJCBE@PNB

E@DG

<\_^bl_Z[hg_glkdbcghf_j

KhojZg_gb_l_dklZ

5



beb\u[_jbl__]hba

@DN<>T>B

@DEJH<N

l_e_nhggh]hkijZ\hqgbdZ

L_dklkhh[s_gbyfh`gh^hihegblv

kbf\heZfbHlh[jZ`_gb_i_j_^Zgguo

IMJK



kbf\heh\\hafh`ghlhevdhgZ

®²¯°

Khh[s_gb_i_j_^Z_lky\

l_e_nhgZoih^^_j`b\Zxsbowlm

k_j\bkgucp_glj^ey

nmgdpbx

hlijZ\db?kebghf_j

k_j\bkgh]hp_gljZg_

77H[W,QSXW

khojZg_gkljlh_]h

<dexq_gb_\udexq_gb_nmgdpbb

ke_^m_l\\h^blvi_j_^

mkdhj_ggh]h\\h^Zl_dklZkfklj

dZ`^hchlijZ\dhc

khh[s_gby

>FTNN<

7

<u[hjyaudZgZdhlhjhf\uohlbl_

H[lmkide[

MCJ

LII<T@H



J@KCI?

gZibkZlvkhh[s_gb_

?@DLM

KFBLJQJLD@N

7

KihfhsvxgZkljhcdb

°³·®©¢»¡®°

\u

BgnhjfZpbyihbkihevah\Zgbx

fh`_l_baf_gblvlbikhh[s_gbybeb

kjhd^_ckl\byi_j_^dZ`^ uf\uah\hf

@DN<>T>B

>L<GGB

k_j\bkgh]hp_gljZkfklj

JZa[b\dZgZkljhdb

?D<>L<QB

E@DG@H

<j_^Zdlhj_\u\h^blkyimklh_

l_dklh\h_ihe_

 EUXVIP 3%H[WUHPHUXVV$+$



LII<T@HCZ

=]i_

m`elm[

Å7´

K`eig`h_[qcc

Ä7³dhf[bgbjm_lijZ\bevgh_keh\hba

<;

<j_`bf_7dmjkhj

hl^_evguogZ`ZlbcdeZ\brijh\_jyy

i_j_oh^blhlkeh\Zdkeh\m

\\h^ih[hevrhfmkeh\ZjxLZddZd

bg^bdZpbygZ^bkie__baf_gy_lky\h

I_j_dexq_gb_ijhibkgu_

bkljhqgu_[md\u

\j_fy\\h^Zkeh\hemqr_\\h^blvg_

h[jZsZy\gbfZgbygZ^bkie_c

I_j_dexq_gb_pbnjub

[md\u

=]i_

m`elm[

Ki_pbnbqgu_^eykljZgukbf\heu

\klZ\eyxlkykbkl_fhcÄ7³

Z\lhfZlbq_kdb

8P8KUJHKWHV

ORV

_

Lj`qc[fwhv`

lcg]ifv

>@>

@>@>¢°³·³¾@

GZ`bfZcl_deZ\brm^hl_oihjihdZ

g_ihy\blkygm`guckbf\he

<;



8@

ijh[_e

=

£ $ ¥ ¤

GZ`bfZcl_deZ\brbaZdhlhjufb

aZdj_ie_gukhhl\_lkl\mxsb_[md\u

+ 0 - . , : ? ¿

lhevdh

h^bgjZa

GZij^eykeh\Z

! ¡ ; _

Ä\RX³





 [

$D

!

AZ\_jr_gb_\\h^Zkeh\Z

<\_^bl_ijh[_e

GZ`bfZcl_deZ\brm

g_kdhevdhjZa^ey\\h^Z

$

# ?

Γ

lhqdbbebaZiylhc

;

I_j_\_^bl_dmjkhj\ijZ\h

ϑ Λ Ξ Π Σ Φ Ψ

Cljk[]f`hc`

<\h^l_dklZ77H[Wwlh

?kebkeh\h[uehjZkihagZgh

aZj_]bkljbjh\ZggZylhj]h\ZyfZjdZb

g_ijZ\bevghlhke_^mxsbc\ZjbZgl

aZiZl_glh\ZggZyl_ogheh]bynbjfu

\hafh`ghhdZ`_lky\_jguf>ey

7HJLF&RPPXQLFDWLRQ,QF

wlh]h

@

GZ`fbl_deZ\brm?kebwlh

keh\hlh`_g_ih^oh^bllh

@

gZ`fbl_deZ\brm_s_jZa

qlh[u\\_klbkeh\h

¢°³·³¾

Wlhkeh\hZ\lhfZlbq_kdb

^h[Z\ey_lky\keh\Zjv

 EUXVIP 3%H[WUHPHUXVV$+$



LII<T@HCZ

Ji_^imi]f`hhv`

lii\t`hcz

K`eig`h_[qcc

<l_e_nhg_ojZgylky]hlh\u_

I_j_^ZqZkhh[s_gbykl_e_nhgZ

khh[s_gbydhlhju_gm`ghlhevdh

ih^l\_j`^Z_lky\u\h^hfgZ

^hihegblvmdZaZgb_f\j_f_gb

^bkie_cbgnhjfZpbbÄKhh[s_gb_

<j_`bf_]hlh\ghklb

hlijZ\e_gh³Khh[s_gb_khojZ

gy_lky\kibkd_bkoh^ysbokhh[

¬¥¾

Î

±®®¡¹¥¨¿

Î

¯¨±²¥ª±²

s_gbcAZl_fkhh[s_gb_fh`gh

aZl_f\u[_jbl_gm`gh_

\u[jZlv\wlhfkibkd_bijhqblZlv

khh[s_gb_

BgnhjfZpbygZ^bkie__ÄKhh[s_



gb_hlijZ\e_gh³hagZqZ_llhevdh

¢¢¥±²¨²¥ª±²

klj

i_j_^Zqml_klh\h]hkhh[s_gby\

®¯®§¤¨¥

k_j\bkgucp_gljK_j\bkgucp_glj

¤®£®¢®°¥

\l_q_gb_hij_^_e_ggh]h\j_f_gb

£®¤®¢¹¨»

kfÄI?JBH>>?CKL ³klj



iulZ_lky^hklZ\blvkhh[s_gb_

ihemqZl_ex

DmjkhjmklZgZ\eb\Z_lky\i_j\mx

ihabpbx\\h^ZgZij\wlhfijbf_j_

?kebi_j_^Zlvkhh[s_gb_k

\hae_ÄHiha^Zgb_³

l_e_nhgZ\k_j\bkgucp_gljg_

m^Zehkvlhij_^eZ]Z_lkyih\lh

jblvi_j_^Zqm?kebb\lhjZy

23$='$<81$

0,187

ihiuldZg_m^ZeZkvijh\_jvl_

<;

7

8

®ª

Z[hg_glkdbcghf_jk_j\bkgh]h

p_gljZkfklj

<f_klhdeZ\brb

®²¯°

fh`gh

bkihevah\ZlvdeZ\brm

LZd`_\ufh`_l_h[jZ[Zlu\Zlv

5

>hihegbl_l_dkl

khh[s_gbygZdhfivxl_j_

kfÄ6RIW'DWD/LQN³klj

;

GZ`fbl_^eyi_j_oh^Zd

ke_^mxs_cihabpbb\\h^Z

<ufh`_l_h[jZ[Zlu\Zlv

ihemq_ggu_khh[s_gbykf

<\_^bl_Z[hg_glkdbcghf_j

5



ÄBAF?GKHH;S³kljb

beb\u[_jbl__]hba

khojZgylvbhlijZ\eylvbodZd

l_e_nhggh]hkijZ\hqgbdZ

Äk\hb³

J`k`lvfe[

jifnr`hhi^i

lii\t`hcz

Dh]^Zkhh[s_gb_\u\_^_ghgZ

^bkie_c

GZ`fbl_deZ\brm_kebg_

hlf_q_ggbh^bg

Z[hg_glkdbcghf_j

5

<\_^bl_Z[hg_glkdbc

ghf_jbeb\u[_jbl__]hba

l_e_nhggh]hkijZ\hqgbdZ

®ª

®²¯°

GZ`fbl_deZ\brm

 EUXVIP 3%H[WUHPHUXVV$+$



LII<T@HCZ

=PI?ZTC@



CLPI?ZTC@

G`hy

lii\t`hcd

<Zrbkhh[s_gbykhojZgyxlky\

Khh[s_gb_\u\_^_ghgZ^bkie_c

kibkd_\oh^ysbobkoh^ysbo

®¯¶¨¨

<u[_jbl_nmgdpbx

khh[s_gbcAZkhhl\_lkl\mxsbfb

66666666666

nmgdpbyfb\u\h^blkydhebq_kl\h

khojZg_gguokhh[s_gbcWlb

®²¢¥²

lhevdh\oh^ys

khh[s_gbyfh`ghijhqblZlvbaf_gblv

³¤«±®®¡¹¥¨¥

bbkihevah\Zlvih\lhjgh

¨§¬¥±®®¡¹

¯¥°¥¤±®®¡¹

¬¥¾

Î

±®®¡¹¥¨¿

Î

¢µ®¤  ®¢

beb

¥¬ª®±²¼

¨±µ®¤®¢

¨´®®±®±²

lhevdhbkoh^ys

Y

Khh[s_gbyhlkhjlbjh\Zgu

66666666666

\ojhgheh]bq_kdhfihjy^d_

IM=@M

<ufh`_l_ebklZlvbqblZlv

khh[s_gby

¯¨±²¥ª±²¨§¬¥¨²¼²¥ª±²

®²¢¥²¤®²¢¥²¥²

¯¥°¥§¢®¨²¥¿®¯§¤»¢ ¾



Fh`ghbaf_gblvbeb^hihegblvl_kl

ihemq_ggh]hkhh[s_gbybeb

&DUROD

ij_\jZlblv_]h\gh\h_khh[s_gb_



^h[Z\b\aZjZg__ih^]hlh\e_gguc

l_dklhl\_lZ

9:

·²¥¨¥

N?;F

LII<T@HC@

GZ`fbl_

V

KlbjZgb_khh[s_gby

CBG@H

LII<T

Kbf\heuklZlmkZkhh[s_gbc

Khh[s_gb_\u\h^blky\j_^Zdlhj_

<OH>YSB?

^eybaf_g_gby

3

IjhqblZggh_

J@K@?

LII<T

2

G_ijhqblZggh_

<\h^Z[hg_glkdh]hghf_jZbeb\u[hj

BKOH>YSB?

_]hbakijZ\hqgbdZaZl_fhlijZ\dZ

3

G_hlijZ\e_ggh_

khh[s_gby

2

HlijZ\e_ggh_

@GEILMW

Bg^bdZpbyfZdkbfZevgh\hafh`gh]h

dhebq_kl\Zkhh[s_gbcbdhebq_kl\Z

m`_khojZg_gguokhh[s_gbc

CHOI

I

LILM

AZijhkgZih^l\_j`^_gb_ijhql_gby

khh[s_gby

 EUXVIP 3%H[WUHPHUXVV$+$



LII<T@HCZ

¨§¬¥

<u[_jbl_gm`guclbi

J`k`_[r[

]cbcmhid

T

khh[s_gby

e[kmirec

66666666666

¬¥¾

Î

±®®¡¹¥¨¿

Î

®²¯°¢¨§¨²ª³

°³·®©¢»¡®°

±²¤°²²¥ª±²

5



<\_^bl_Z[hg_glkdbcghf_j

beb\u[_jbl__]hbal_e_

²¥«¥ª±

nhggh]hkijZ\hqgbdZbi_j_

´ª±

^Zcl_dZdh[uqgh_khh[s_

½«¥ª²°¯®·²

gb_KhklZ\e_gb_ \bablghc

µ

dZjlhqdbkfklj

®¢®¥§·¥¨¥

66666666666

FZdkbfZevgZy^ebgZl_dklh\h]h

khh[s_gby606kbf\heh\

KNRHID

=V<IK

klZg^Zjlgh_

agZq_gb_

Lbikhh[s_gbygm`ghaZ^Z\Zlvi_j_^

H[lmkide[

dZ`^hci_j_^Zq_ckhh[s_gby

<ufh`_l_\\_klbZ[hg_glkdbcghf_j

LM;H?;KM

M@ELM

k_j\bkgh]hp_gljZb^jm]b_gZkljhcdb

<k_khh[s_gbyi_j_^ZxlkydZd

¬¥¾

Î

±®®¡¹¥¨¿

Î

±²°±®®¡¹

h[uqgu_khh[s_gby606

aZl_f\u[_jbl_nmgdpbx

66666666666

M@F@EL



O;EL



XF@EMK

JIRM;



P



±¥°¢¨±¶¥²°

Ki_pbZevgu_lbiukhh[s_gbc

²¨¯±®®¡¹¥

HI=I@

BH;R@HC@

¯¥°¨®¤¤¥©±²

¨´®®±®±²

Dh^h\ucghf_j\ufh`_l_magZlvm

®²¢¥²·¥°¥§¶¥²°

hi_jZlhjZk_lb

66666666666

J@KCI?

?@DLM

L@K=CL

Q@HMK

<u[hj\j_f_gb\l_q_gb_dhlhjh]h

<\h^bebbaf_g_gb_Z[hg_glkdh]h

k_j\bkgucp_gljiulZ_lky^hklZ\blv

ghf_jZk_j\bkgh]hp_gljZ

khh[s_gb_

khh[s_ggh]hhi_jZlhjhfk_lb

°³·®©¢»¡®°·±·±®¢

MCJ

LII<T@H

¥¤¥«¿¬ª±¨¬³¬®¢®¥§·¥¨¥

<u[hjlbiZkhh[s_gby^eyi_j_^Zqb

gZki_pbZevgh_hdhg_qgh_

h[hjm^h\Zgb_<hafh`gh^ey

CHOI

I

LILM

i_j_^ZqbjZaebqguolbih\khh[s_gby

gZijwe_dljhgghcihqluke_^m_l

<uihemqZ_l_khh[s_gb_h[mki_rghc

bkihevah\ZlvjZaebqgu_ghf_jZ

bebg_m^Z\r_cky^hklZ\d_hlijZ\e_g

k_j\bkgh]hp_gljZMagZcl_m\Zr_]h

gh]hkhh[s_gbyWlZmkem]Zfh`_l

hi_jZlhjZk_lb

ij_^hklZ\eylvkyaZhl^_evgmxieZlm

Ihke_\uah\ZnmgdpbbgZ^bkie_c

IM=@M

R@K@B

Q@HMK

\u\h^blkyl_dmsZygZkljhcdZ>ey

baf_g_gbygZkljhcdb

Hl\_lgZ\Zr_khh[s_gb_hkms_kl

\ey_lkyq_j_a\Zrk_j\bkgucp_glj

^hihegbl_evgmxbgnhjfZpbx\u

fh`_l_ihemqblvmhi_jZlhjZk_lb

 EUXVIP 3%H[WUHPHUXVV$+$



LII<T@HCZ

K@R@=

LII<T



H[lmkide[

k`r`]i^i

lii\t`hcz

K_j\bkgucp_gljij_^hklZ\ey_l\Zf

Hi_jZlhjk_lbkhh[sbl\Zf^\Z

\g_rgbcZ\lhhl\_lqbdihqlh\uc

Z[hg_glkdboghf_jZdhlhju_\u

ysbd<uah\ugZdhlhju_\ug_

^he`gu\\_klbke_^mxsbfh[jZahf

ohlbl_bebg_fh`_l_hl\_lblv

i_j_Z^j_kmxlkygZwlhlihqlh\uc

n

Hig`k

]vbi][

jirmi]i^i

ztce[

ysbdLZf\uau\ZxsbcZ[hg_gl

Wlhlghf_j\ugZ[bjZ_l_^ey

fh`_lhklZ\blv^ey\Zkkhh[s_gb_

ijhkemrb\Zgby\ZrbokhojZg_gguo

J_q_\u_khh[s_gbyfh]ml\oh^blv\

j_q_\uokhh[s_gbc>eygZkljhcdb

klZg^ZjlguciZd_lmkem]hi_jZlhjZ

¬¥¾

Î

±®®¡¹¥¨¿

Î

°¥·¥¢±®®¡¹

k_lb?kebwlhg_lZdlh\u^he`gu

ki_pbZevghaZj_]bkljbjh\Zlvky^ey

5



<\_^bl_Z[hg_glkdbcghf_j

ihemq_gbywlhcmkem]bb\jmqgmx

beb\u[_jbl__]hba

hkms_kl\blvkhhl\_lkl\mxsb_

l_e_nhggh]hkijZ\hqgbdZ

gZkljhcdb

<aZ\bkbfhklbhlhi_jZlhjZk_lb

®ª

Ih^l\_j^bl_

gZkljhcdZfh`_lhlebqZlvkyhl

hibkZgghcgb`_

o

Hig`k

j`k`[_k`l[qcc

h[

jirmi]vd

ztce

GZwlhlZ[hg_glkdbcghf_j\Zr_]h

ihqlh\h]hysbdZi_j_Z^j_kmxlky

\uah\u

I_j_Z^j_kZpby\uah\h\\k_]^Zhkms_

kl\ey_lkyihmkeh\bxkfklj

Gb`_ijb\_^_gijbf_j^eyqZs_\k_]h

bkihevam_fh]hmkeh\byi_j_Z^j_kZ

pbbÄg_hl\_q_ggu_\uah\u³

>eygZkljhcdb

¬¥¾

Î

¯¥°¥¤°¥±

Î

¥®²¢¢»§®¢»

Î

³±²

5

<\_^bl_Z[hg_glkdbcghf_j

®ª

J_]bkljZpby\k_lb

i_j_Z^j_kZpbb\uah\h\gZ

ihqlh\ucysbdQ_j_a

g_kdhevdhk_dmg^

i_j_Z^j_kZpby

ih^l\_j`^Z_lky

 EUXVIP 3%H[WUHPHUXVV$+$



LII<T@HCZ

Jkilfnsc][hc`

k`r`]i^i

K`eig`h_[qcc

lii\t`hcz

AZdj_ibl_Z[hg_glkdbc

?klvg_kdhevdhkihkh[h\bg^bdZpbb

ghf_jihqlh\h]h ysbdZaZ

ihklmie_gbygh\h]hj_q_\h]h

wlhcdeZ\br_c

khh[s_gby

kfÄGhf_jZkhdjZs_ggh]h

GZ^bkie__ihy\ey_lkywlhl

gZ[hjZ³klj

kbf\heba\mqblkb]gZe

AZij_^_eZfb\Zr_cÄjh^ghc³k_lb

\hafh`ghihlj_[m_lkygZ[bjZlv

H 

^jm]hcZ[hg_glkdbcghf_j

ihqlh\h]hysbdZ

®¯¥°²®°

?keb^ey\uah\Zihqlh\h]hysbdZ

 

\u^he`gu\\h^blviZjhev

pbnjulh\ufh`_l_khojZgblv

¬¥¾

wlhliZjhev\l_e_nhgghf

kijZ\hqgbd_\f_kl_kZ[hg_glkdbf

V

GZ`fbl_

.

ghf_jhfkfklj

<u\uau\Z_l_ihqlh\uc

ysbdbijhkemrb\Z_l_

khh[s_gby

beb

GZ^bkie__ihy\ey_lkywlhl

kbf\heba\mqblkb]gZe

V

<ZfihklmiZ_ll_dklh\h_

khh[s_gb_kbgnhjfZpb_c

hihemq_gbbgh\h]h

j_q_\h]hkhh[s_gby

<uah\bl_ihqlh\ucysbd

beb

<ZfihklmiZ_l\uah\k

Z\lhfZlbq_kdbf

h[ty\e_gb_f

 EUXVIP 3%H[WUHPHUXVV$+$



LII<T@HCZ

Choikg[qcihhv`

lf

n

Hi][z

m`g[

®¢»©ª«!

<u[_jbl_

a\v

?kebbg^_dkZdZgZeh\g_l

G_dhlhju_hi_jZlhjuk_l_c

kfkljlh

ij_^eZ]Zxlmkem]bbgnhjfZpbhgguo

kem`[kf_klgufbgh\hklyfb

5



®ª

<\_^bl_dZgZeihghf_jm

bgnhjfZpbhggu_dZgZeugZij

¢»¡®°

GZ`fbl_deZ\brm

ih]h^ZkblmZpbygZ^hjh]Zo<u[hj

bgnhjfZpbhgguodZgZeh\aZ\bkblhl

?kebbg^_dkdZgZeh\m`_[ue

hi_jZlhjZk_lb

i_j_^Zglh

?kebÄBgnhjfZpbhggu_kem`[u³

\dexq_gulh\uihemqZ_l_khh[s_gby

Y

\u[_jbl_l_fm

ihl_fZf\Zr_]hÄkibkdZdZgZeh\³

¢»¡®°

GZ`fbl_deZ\brm

¬¥¾

Î

±®®¡¹¥¨¿

Î

¨´®°³±«³£¨

=v\ik

]

ljcle`

66666666666

<ufh`_l_h[jZ[Zlu\ZlvaZibkb\

¯°¨¥¬

kibkd_dZgZeh\

¯°®·®¢®¥

Y

<u[_jbl_dZgZe

¢»¡°ª«»

¢²®¬¨¤¨ª

®¯¶¨¨

<u[_jbl_gm`gmxnmgdpbx

±¯¨±ª«®¢

¿§»ª

¯°®·¨²±®®¡¹

66666666666

?keb\\u[jZgghfdZgZe_bf__lky

khh[s_gb_lhhgh\u\h^blkygZ

JKC@G

^bkie_c

<ufh`_l_\dexqZlvbhldexqZlv

ª²¨¢¨§ª«¤¥ª²¨¢ª«

bgnhjfZpbhggu_kem`[u?keb

bgnhjfZpbhggu_kem`[u\dexq_gu

¨§¬¥¨²¼ª«

lhkhdjZsZ_lky\j_fyjZ[hlu

<ufh`_l_baf_gylvbf_gZbgZa\Zgby

l_e_nhgZhlZddmfmeylhjZ

dZgZeh\

³¤«¨²¼ª«

JKIR

HI=I@

Ihke_aZijhkZih^l\_j`^_gbydZgZe

GZ^bkie_c\u\h^ylky\k_

m^Zey_lkybakibkdZdZgZeh\

g_ijhqblZggu_bgnhjfZpbhggu_

khh[s_gby\u\h^gZ\_kv^bkie_c

¯®ª§®¬ª

ebklZgb_kihfhsvx[hdh\uodeZ\br

Bg^bdZpbyghf_jZdZgZeZ

=V<K

E;H;FV

<wlhlebqguckibkhd\ufh`_l_

\dexqblvdZgZeh\dhlhju_eb[h

\u[bjZxlkybabg^_dkZdZgZeh\

kfkljeb[h\\h^ylky\jmqgmx

ihgZa\Zgbyf<hafh`gh\dexq_gb_

^hihegbl_evguodZgZeh\ihghf_jZf

[_agZa\Zgby_kebwlZnmgdpby

ih^^_j`b\Z_lkydZjlhqdhc6,0

 EUXVIP 3%H[WUHPHUXVV$+$



LII<T@HCZ

;=MIG

CH?CE

K`eig`h_[qcc

\u\h^ylkygZ^bkie_c\j_`bf_

]hlh\ghklb^ebggu_l_dkluebklZxlky

Lcg]ifv

h[

_cljf``

Z\lhfZlbq_kdb

_

DZgZe\dexq_g



·²&%

GZ`fbl_deZ\brm

I_j_dexq_gb_gZÄiheghkljZgbqgh_

]

DZgZe\udexq_g

ij_^klZ\e_gb_³

2

Bf__lkygh\h_khh[s_gb_

:\lhfZlbq_kdmxbg^bdZpbxfh`gh

wlh]hdZgZeZ

\dexqblv^ey\k_obeblhevdh^ey

gh\uokhh[s_gbcbebiheghklvx

3

Khh[s_gbywlh]hdZgZem

\udexqblv

m`_ijhqblZgu

>eywlh]hfh`ghgZkljhblvlhgZevguc

<u\_^_ggu_gZl_fghfnhg_

kb]gZekfklj

Z[hg_glkdb_ghf_jZfh`gh

LJCL

E;H;FI=

gZ[jZlv

<u\h^blkykibkhdij_^eZ]Z_fuo

khojZgblv\l_e_nhgghf

hi_jZlhjhfk_lbbgnhjfZpbhgguo

kijZ\hqgbd_

dZgZeh\badhlhjh]h\ufh`_l_

\u[jZlvgm`gu_

?kebbg^bdZpbbg_llh

bgnhjfZpbhggu_dZgZeufh`gh

\\_klb\jmqgmxkfklj

Ih^jh[ghklb\ufh`_l_magZlvm

\Zr_]hhi_jZlhjZk_lb

ZBVE

<uihemqZ_l_bgnhjfZpbhggu_

khh[s_gbylhevdhgZ\u[jZgghf

yaud_Ijb\u[hj_gZkljhcdbÄ<k_

yaudb³ijbgbfZxlkykhh[s_gbygZ

\k_oyaudZo

 EUXVIP 3%H[WUHPHUXVV$+$



JKIMIEIFV

<l_e_nhg_^eyih\lhjgh]hgZ[hjZ

H;<K;HHV@

HIG@K;

khojZgyxlkyZ[hg_glkdb_ghf_jZ

ihke_^gbo\uah\h\

;ukljuc^hklmidihke_^gbf

gZ[jZgguf\ZfbZ[hg_glkdbf

¬¥¾

Î

¯°®²®ª®«»

ghf_jZf<j_`bf_]hlh\ghklb

aZl_f\u[_jbl_kibkhd

\uah\h\

gZ`fbl_deZ\brm

66666666666

¥®²¢¥·¥ »¥ ¢»§ ®¢ »

G`hy

ljclei]

[\ih`hmlecp

¯°¨¿²»¥¢ »§®¢»

hig`ki]

¡°»¥®¬¥°

?kebaZibkvgZ^bkie__\u^_e_gZ

³¯³¹¥»¥¯®¬¨

fh`gh\uau\Zlvf_gxkibkdh\

66666666666

Z[hg_glkdboghf_jh\

Y

IjhebklZcl_b\u[_jbl_

Z[hg_glkdbcghf_jba

®¯¶¨¨

<u[_jbl_gm`gmxnmgdpbx

kibkdZ

66666666666

¥¬¶¡©³§¥©³¡£¹£



¨§¬¥¨²¼®¬¥°

±®µ°®¬¥°

&DUROD

³¤«¨²¼±¯¨±®ª

66666666666



@GQ<HDNB

@DN<>T>

9:

®¯¶¨¨

GZ^bkie_c\u\h^ylkyZ[hg_glkdbc

ghf_jbfy_kebbf__lkyb\j_fy

GZ`fbl_^eygZ[hjZ

\uah\Z

\u^_e_ggh]hZ[hg_glkdh]h

ghf_jZ

CBG@HCMW

HIG@K

:[hg_glkdbcghf_jfh`ghbaf_gblvZ

aZl_fgZ[jZlvbebkhojZgblv\

H@IM=@R@HHV@

l_e_nhgghfkijZ\hqgbd_kfklj

=VBI=V

LIPK;H

HIG@K

Ghf_jZZ[hg_glh\gZ\uah\udhlhjuo

:[hg_glkdbcghf_jfh`gh^h[Z\blv\

\ug_hl\_lbebkhojZgyxlky^ey

l_e_nhgguckijZ\hqgbd_keb_]h_s_

h[jZlgh]h\uah\Zmkeh\b_k_lvih^

lZfg_l

^_j`b\Z_lnmgdpbxÄb^_glbnbdZpby

\uau\Zxs_]hZ[hg_glZ³H[jZlbl_

N?;FCMW

LJCLIE

\gbfZgb_qlh\uau\ZxsbcZ[hg_gl

Ihke_aZijhkZih^l\_j`^_gby

fh`_lhklZ\blvl_dklh\h_khh[s_gb_

klbjZ_lky\_kvkibkhdZ[hg_glkdbo

kfklj

ghf_jh\

NJNT@HHV@

H;JIGCH;H

JKCHZMV@

=VBI=V

<u\h^blkykibkhdgZihfbgZgbc

Mkeh\b_bkihevam_fZyk_lv

dhlhju_\uhklZ\beb[_a\gbfZgby\u

ih^^_j`b\Z_lnmgdpbx

fh`_l_\u\_klbbogZ^bkie_cb

Äb^_glbnbdZpby\uau\Zxs_]h

h[jZ[hlZlvkflZd`_klj

Z[hg_glZ³

 EUXVIP 3%H[WUHPHUXVV$+$



KLJQDF

<ufh`_l_khojZgblvbg^b\b^mZevgu_

G`hyjkiocfz

gZkljhcdbhij_^_e_gguonmgdpbc\

66666666666

ebqghfijhnbe_bebbkihevah\Zlv

h^bgbalj_oaZ\h^kdboijhnbe_c

ª²¨¢¯°®´¨«¼

¨§¬±²°®©ª¨

GZijbf_j_kebl_e_nhghf

¯¥°¥¨¬¥®¢²¼

ihevamxlkyg_kdhevdhq_eh\_dlh

66666666666

dZ`^ucfh`_lZdlb\babjh\Zlvk\hb

gZkljhcdb\u[jZ\k\hcijhnbev

;EMC=JKIOCFW

<dexq_gb_\u[jZggh]hijhnbey

¬¥¾

Î

°±¯¶©«

aZl_f\u[_jbl_

^

Wlhlkbf\hehagZqZ_lqlh

gm`gucijhnbev

ijhnbev\dexq_g

¨¯±µ¢°¥±©¢¡«

CBGH;LMKIDEC

&DURODV3URILO

<u\h^blkykibkhdgZkljZb\Z_fuo

nmgdpbc

ª¥¯!

66666666666

9:

®¯¶¨¨

±²°§¢®ª

klj

£°®¬ª®±²¼

klj

¬¥«®¤¨¿

klj

B[]i_lec`jkiocfc

¢¨¡°®±¨£«

klj

´¨«¼²°

klj

<ufh`_l_\u[jZlvh^bgba

±¥°¢±¨£«»

klj

ke_^mxsboijhnbe_c

²®±¨£«

klj

66666666666

½ª±¯°¥¦¨¬

klj

ª¡¯©ª¯

¯°®¯¨±¡³ª¢»

klj

§³µ·¯°¥±©¢¡«

±²¨«¼¨§®¡°

klj

¨¯±µ¢°¥±©¢¡«

66666666666

66666666666

<u[_jbl_gm`gmxnmgdpbxbgZkljhc

Y

IjhebklZcl_b\u[_jbl_

l___dZdh[uqghIhke_aZ\_jr_gby

gm`gucijhnbev

gZkljhcdb\uZ\lhfZlbq_kdb

\ha\jZsZ_l_kvh[jZlghdkibkdm

®¯¶¨¨

<u\h^blkyf_gxijhnbey

\u[hjZ

Fcrhv`jkiocfc

<k_gZkljhcdbkhojZgyxlky\l_dms_f

>eykha^Zgbyijhnbey

ijhnbe_

Y

EbklZcl_^himgdlZ

ª¥¯!

J@K@CG@HI=;MW

®¯¶¨¨

GZ^bkie_c\u\h^blkyf_gx

<ufh`_l_baf_gblvgZa\Zgb_

ijhnbey

\u[jZggh]hijhnbeyaZbkdexq_gb_f

aZ\h^kdboijhnbe_c

 EUXVIP 3%H[WUHPHUXVV$+$



;N?CI

¬¥¾

Î

³¤¨®



=L@

=VBI=V

aZl_f\u[_jbl_nmgdpbx

?keb^ey\Zr_]hl_e_nhgZ

66666666666

aZj_]bkljbjh\Zgu^\Zg_aZ\bkbfuo

±²°®©ª§¢®ª

Z[hg_glkdboghf_jZlh\ufh`_l_

£°®¬ª®±²¼

\u[jZlv

¬¥«®¤¨¿

66666666666

¢¨¡°®±¨£«

®¡¥«¨¨¨

´¨«¼²°

«¨¨¿

±¥°¢±¨£«»

«¨¨¿

§¯¨±¼¬¥«®¤¨¨

66666666666

66666666666

G@FI?CZ

H;LMKIDE;

B=IHE;

<f_klhZdmklbq_kdh]hkb]gZeZ\u

<ufh`_l_\dexqZlvb\udexqZlv

fh`_l_\u[jZlvf_eh^bxlZdZy`_

\uau\ghckb]gZebeb\u[jZlv

gZkljhcdZdZdb^ey]jhfdhklb

\uau\ghckb]gZebah^gh]hdhjhldh]h

]m^dZ

<u[_jbl_h^gmba]hlh\uof_eh^bcbeb

aZibrbl_k\hxf_eh^bxkfklj

K

Wlhlkbf\hegZ^bkie__

hagZqZ_lqlh\uau\ghc

kb]gZe\udexq_g

=C<KILC>H;F

Qlh[ug_kha^Z\ZlvrmfZ\ufh`_l_

<dexq_gb_\udexq_gb_

\dexqblv\f_klha\mdh\h]hkb]gZeZ

\uau\gh]hkb]gZeZ

\b[jhkb]gZebaZpbxLZd`_\b[jhkb]

gZebaZpbxfh`gh\dexqblv^hihegb

l_evghd\uau\ghfmkb]gZemgZij

>KIGEILMW

_keb\ugZoh^bl_kv\hq_gvrmfghf

f_kl_

>eyjZaebqguoZdmklbq_kdbokb]gZeh\

fh`ghmklZgh\blvjZaebqgmx

]jhfdhklv

OCFWMK

66666666666

<uau\ghckb]gZea\mqbllhevdh\lhf

¢±¥¢»§®¢»

kemqZ__kebZ[hg_glkdbcghf_j

O

¢»§®¢»

\uau\Zxs_]hZ[hg_glZ\dexq_g\

9,3

O

¢»§®¢»

l_e_nhgguckijZ\hqgbdbeb\

¯®¬¨¨¿

l_e_nhgguckijZ\hqgbd9,3

±®®¡¹¥¨¿

HklZevgu_\uah\ukb]gZebabjmxlky

¨´®°³±«³£¨

lhevdhgZ^bkie__?keb\ug_

66666666666

hl\_lbl_gZwlb\uah\ulhhgb

i_j_Z^j_kmxlkygZ\Zrihqlh\uc

Bg^bdZpbymklZgh\e_gghc

ysbd_kebwlZnmgdpby

]jhfdhklb

kdhgnb]mjbjh\ZgZklj

J

Ijb\dexq_gbbnmgdpbbgZ

^bkie_c\u\h^blkywlhl

kbf\he

 EUXVIP 3%H[WUHPHUXVV$+$



;N?CI

L@K=

LC>H;FV

<ufh`_l_\dexqZlvbhldexqZlv

ke_^mxsb_k_j\bkgu_b

ij_^mij_^bl_evgu_kb]gZeu

66666666666

¢±¥

¢ª«¢»ª«

±¥²¼©¤¥

¯°¥¤³¯°±¨£

ª®¥¶¬¥¾

66666666666

B;JCLW

G@FI?CC

<ufh`_l_kZfbaZijh]jZffbjh\Zlv

f_eh^bxZaZl_fbkihevah\Zlv__dZd

]hlh\mxf_eh^bxkfklj

DeZ\brbkih

5

khhl\_lkl\mxlghlZf>hJ_

FbNZKhevEyKbb>h

?keb\u[m^_l_m^_j`b\Zlv

deZ\brbgZ`Zlufblh

^ebgZghlubaf_gy_lky

KgZbl^

<\h^iZmau

Kf_gZhdlZ\

I_j_oh^gZihemlhgZ

8

BkijZ\e_gb_\\h^Z

±®µ°¬¥«®¤¨¾

KhojZg_gb_

aZibkZgghcf_eh^bb

¢®±¯°®¨§¢¥¤

<hkijhba\_^_gb_

aZibkZgghcf_eh^bb

 EUXVIP 3%H[WUHPHUXVV$+$



=K@GJF;M;

<ufh`_l_gZkljhblv\u\h^gZ

LMICG@?CH

^bkie_cdhebq_kl\ZlZjbnguo_^bgbp

?keb\ZrZk_lvih^^_j`b\Z_l

bijh^he`bl_evghklbkh_^bg_gbyZ

bg^bdZpbxdhebq_kl\ZlZjbnguo

lZd`_\\_klbh]jZgbq_gb_gZieZlmaZ

_^bgbplh\u\h^blkybol_dms__

bkoh^ysb_kh_^bg_gby

dhebq_kl\h

¬¥¾

Î

¢°¥¬¯«²

?keb\u\\_ebklhbfhklvlZjbnghc

aZl_f\u[_jbl_nmgdpbx

_^bgbpulhgZ^bkie_c\u\h^blky

klhbfhklv

66666666666

<hafh`gh^eyihemq_ gby wlhc mkem]b

¯«²

ihlj_[m_lkyki_pbZevgZyj_]bkljZpby

±²°®©ª²°¨´¨ª¶

66666666666

LMICG@?CH

<\h^klhbfhklblZjbnghc_^bgbpu

JF;M;

_^bgbpu\j_f_gb

Ihke_lh]hdZd\u\uihegbeb

gZkljhcdbkfgb`_\ufh`_l_

I>KLMICG

\u\_klbgZ^bkie_c^Zggu_^ey

IjbgZebqbbki_pbZevguodZjlhq_d

ke_^mxsbojZa]h\hjh\

6,0\ubebhi_jZlhjk_lbfh`_l_

66666666666

hij_^_eblvdhebq_kl\hlZjbnguo

_^bgbp\j_fyihbkl_q_gbbdhlhjh]h

¯®±«¥¤¨©°§£®¢®°

bkoh^ysb_\uah\ukl_e_nhgZ[m^ml

¢±¥¨±µ®¤¿¹ÐÀÇÃÎÂÎ ÐÛ

aZ[ehdbjh\Zgulj_[m_lkydh^3,1

¢±¥¢µ®¤¿¹¨¥ÐÀÇÃÎÂÎÐÛ

66666666666

¨§¬¥

GZ`fbl_deZ\brm

Y

IjhebklZcl_b\u[_jbl_

gm`gucjZa]h\hj

5



®ª

<\_^bl_dhebq_kl\h

lZjbnguo_^bgbp

¢»¡®°

Bg^bdZpby^Zgguo

AZl_fih^l\_j^bl_dj_^blbeb

Ihke_\u\h^Z^ZgguogZ^bkie_c\u

h[gmebl_kq_lqbd

fh`_l_

³¤«

<_jgmlvkydij_^u^ms_c

I<T;ZLNGG;

bg^bdZpbb

Bg^bdZpby\j_f_gbkh_^bg_gbc

®¯¶¨¨

?kebbf__lkyh]jZgbq_gb_

dhebq_kl\ZlZjbnguo_^bgbp^ey\k_o

kfijZ\mxdhehgdmgZ

kh_^bg_gbc

^bkie_c\u\h^blky

hklZ\rbckydj_^blbeb

=PI?ZTC@=VBI=V

\j_fyjZa]h\hjh\

Bg^bdZpbydhebq_kl\ZlZjbnguo

_^bgbp^ey\oh^ysbokh_^bg_gbc

_kebwlZklhbfhklvih^kqblu\Z_lky

H;LMKIDE;M;KCOCE;Q

hl^_evgh

=;FYM;

;=MIGCH?CE

<\h^^_g_`ghc_^bgbpu\dhlhjhc

<u\h^ijh^he`bl_evghklb

\u\h^blkyklhbfhklv

kh_^bg_gbybdhebq_kl\ZlZjbnguo

_^bgbpihke_dZ`^h]hkh_^bg_gby

 EUXVIP 3%H[WUHPHUXVV$+$



J@K@;?K@L

WlZk_l_\Zynmgdpbykem`bl^ey

=ibgiahv`nlfi]cz

i_j_Z^j_kZpbb\uah\h\gZ\Zr

ihqlh\ucysbdbeb^jm]hc

H@IM=@R=VBI=V

Z[hg_glkdbcghf_jijb\uiheg_gbb

aZ^Z\Z_fuo\Zfbmkeh\bcLZdbf

WlZ]jmiiZ\dexqZ_lhkgh\gu_

h[jZahf\u\k_]^Z[m^_l_^hklmigu

mkeh\bykfgb`_

?KEBG?>HKLMI?G

¬¥¾

Î

¯¥°¥¤°¥±



?KEBG?HL<?Q:?L

aZl_f\u[_jbl_nmgdpbx

?KEBA:GYLH

66666666666

=L@=VBI=V

¥®²¢¢»§®¢»

¢±¥¢»§®¢»

Hkms_kl\ey_lkyi_j_Z^j_kZpby\k_o

±¯¥¶¨«¼¯¥°¥¤°¥±

\uah\h\

¢±¥¢»§®¢»

,

Bg^bdZpbygZ^bkie__

¢±¥´ª±»

¢±¥¤»¥

LJ@QC;FWHJ@K@;?K@L

¯°®¢±®±²

Ihi_j_qbke_ggufgb`_mkeh\byf

³¤«¨²¼¢±¥

jZaebqgu_lbiu\uah\h\fh]ml

66666666666

i_j_Z^j_kh\u\ZlvkygZjZaebqgu_

Z[hg_glkdb_ghf_jZ

J@K@;?K@L

@LFCH@?ILMNJ@H

QZs_\k_]hbkihevam_lkymkeh\b_

i_j_Z^j_kZpbb

I_j_Z^j_kZpby\uah\h\_keb

l_e_nhg\udexq_gbebgZoh^blkyaZ

ÅÎÒÂÅ×ÅÍÍÛÅÂÛÇÎÂÛ



ij_^_eZfbk_lb

<k_mkeh\byi_j_Z^j_kZpbbaZ^Zxlky

h^bgZdh\h

@LFCH@IM=@R;@M

<uah\ui_j_Z^j_kmxlkyih

¬¥¾

Î

¯¥°¥¤°¥±

Î

bkl_q_gbb\j_f_gbh`b^Zgby<j_fy

¥®²¢¢»§®¢»

Î

³±²

h`b^Zgbyfh`ghmklZgZ\eb\Zlvk

?keb_s_g_\\_^_g

rZ]hfk_dmg^FZdkbfZevgh_\j_fy

Z[hg_glkdbcghf_jgZ

h`b^Zgbyk_dmg^

dhlhjuc^he`gZ

@LFCB;HZMI

hkms_kl\eylvky

i_j_Z^j_kZpby

<uah\ui_j_Z^j_kmxlky_keb\u

]h\hjbl_ihl_e_nhgm



5

<\_^bl_Z[hg_glkdbcghf_j

=L@O;ELV

®ª

Ih^l\_j^bl_

<uah\unZdkbfbevghck\yabfh]ml

i_j_Z^j_kh\u\ZlvkygZZ[hg_glkdbc

beb

ghf_jnZdkZ

7

GZ`fbl_wlmdeZ\brm_keb

=L@?;HHV@

hgZij_^eZ]Z_lky^ey

i_j_Z^j_kZpbbgZihqlh\uc

<k_\uah\ui_j_^Zqb^Zgguo

ysbd

i_j_Z^j_kmxlkygZZ[hg_glkdbc

ghf_jdhfivxl_jZ

Ihke_g_[hevrhciZmaugZkljhcdb

ih^l\_j`^Zxlkyk_lvx

 EUXVIP 3%H[WUHPHUXVV$+$



J@K@;?K@L

JKI=LILM

N?;FCMW=L@

<k_j\bkghfp_glj_ijh\_jy_lky

KlbjZxlky\k_mklZgh\e_ggu_lbiu

dZdb_lbiui_j_Z^j_kZpbb\dexq_gu

i_j_Z^j_kZpbb

?keb\uohlbl_ijh\_jblv

hij_^_e_gguclbii_j_Z^j_kZpbb

\dexqZyZ[hg_glkdbcghf_jlh

=illm[hi]f`hc`

kgZqZeZ\u[_jbl_mkeh\b_aZl_f

j`k`[_k`l[qcc

¯°®¢±®±²

KhojZgy_lkyihke_^gbcZ[hg_glkdbc

Ihke_g_[hevrhciZmaubak_lb

ghf_jgZdhlhjuchkms_kl\eyeZkv

i_j_^Z_lkybgnhjfZpbbhkhklhygbb

i_j_Z^j_kZpby

i_j_Z^j_kZpbbdhlhjZy\u\h^blkygZ

^bkie_c

<uihegbl_lm`_ijhp_^mjmqlhbijb

¯¥°¥¤°¥±

_

Wlhlkbf\hehagZqZ_lqlh

i_j_Z^j_kZpby\dexq_gZ

GZ^bkie_c\u\h^blkykhojZg_gguc

Z[hg_glkdbcghf_j

"

Wlhlkbf\hehagZqZ_lqlh

khklhygb_i_j_Z^j_kZpbb

®ª

Ih^l\_j^bl_

g_ba\_klghgZijijb

mklZgh\d_gh\hcdZjlhqdb

6,0

Cbg`h`hc`[\ih`hmlei^i

hig`k[

K`eig`h_[qcz

<uihegbl_l_`_^_ckl\byqlhbijb

H[jZlbl_\gbfZgb_qlh^Zggu_h

¯¥°¥¤°¥±

?kebihke_wlh]hgZ^bkie_c

i_j_Z^j_kZpbbkhojZgyxlky\k_lbZ

\u\h^blkyZ[hg_glkdbcghf_jlh

g_\l_e_nhg_gZijijbaZf_g_

8

khljbl_Z[hg_glkdbcghf_j

dZjlhqdb6,0



5

<\_^bl_gh\ucZ[hg_glkdbc

ghf_j

®ª

Ih^l\_j^bl_

 EUXVIP 3%H[WUHPHUXVV$+$



H;LMKIDEC

I<U@G

G@HY

M@F@OIH

¬¥¾

Î

±²°®©ª¨

Î

®¡º¥¬¬¥¾

¬¥¾

Î

±²°®©ª¨

Î

²¥«¥´®

>eyh[e_]q_gbyhk\h_gbyjZ[hluk

aZl_f\u[_jbl_nmgdpbx

l_e_nhghfihegh_]eZ\gh_f_gx

khdjZsZ_lky^hhkgh\guonmgdpbc

ZBVE

kflZd`_klj

<ufh`_l_\u[jZlvyaud^bkie_cguo

L_i_jvwlbnmgdpbbfh`gh\uau\Zlv

khh[s_gbcIjbgZkljhcd_

gZijyfmx[_aijhf_`mlhqguof_gx

ÄZ\lhfZlbq_kdbc³\u[bjZ_lkyyaud

bkihevam_fuchi_jZlhjhfÄjh^ghc³

66666666666

k_lb

¡°»¥®¬¥°

?keb\ukemqZcgh\u[jZebyaud

¥®²¢¥·¥ »¥ ¢»§ ®¢ »

dhlhjuc\ug_ihgbfZ_l_lhl_e_nhg

°¥·¥¢±®®¡¹

fh`ghi_j_dexqblvgZ\u\h^

¥®²¢¥·¢»§®¢»

^bkie_cguogZ^ibk_cgZyaud_

¢µ®¤¿¹¨¥±®®¡¹¥¨¿

bkihevam_fhfhi_jZlhjhfÄjh^ghc³

¯¨±²¥ª±²

k_lb\\_^y

¢±¥±¥°¢±¨£

£°®¬ª®±²¼¢±¥µ¢»§®¢



¬¥«®¤¨¿ ¢ ±¥µ ¢»§

¯°®´¨«¨

®¡º¥¬¬¥¾

EF;=C;MNK;

66666666666

IM=

FY<

EF;=

<ufh`_l_ijbgbfZlv\oh^ysb_\u

I_j_dexq_gb_gZihegh_]eZ\gh_

ah\ugZ`Z\ex[mxdeZ\brm

f_gxhkms_kl\ey_lkykihfhsvx

nmgdpbb

®¡º¥¬¬¥¾

<FIE

EF;=C;M

:\lhfZlbq_kdZy[ehdbjh\dZdeZ\bZlm

ju\dexqZ_lky_kebgbh^gZdeZ\brZg_

[ueZgZ`ZlZ\l_q_gb_h^ghcfbgmlu

;ehdbjh\dZkem`bl ^eyaZsbluhl

kemqZcgh]hgZ`ZlbydeZ\brl_e_nhgZ

h^gZdh\ufh`_l _ijbgbfZlv\uah\ub

hkms_kl\eylvwdklj_gguc\uah\

LZd`_[ehdbjh\dmfh`gh\dexqZlvb

hldexqZlvkihfhsvxghf_jhgZ[bjZ

l_ey

GZ`fbl_

bm^_j`b\Zcl_

deZ\brm

MIH

LC>H;F

<ufh`_l_\u[jZlvlbiZdmklbq_kdh]h

ih^l\_j`^_gbygZ`ZlbydeZ\br

¹¥«·ª«¢¨¸¨²®±¨£«¡¥§§¢³ª

 EUXVIP 3%H[WUHPHUXVV$+$



H;LMKIDEC

CH?CE;QCZ

JI?L=@ME;

XELJ

K@ACG

<ufh`_l\dexqZlvb\udexqZlv

;ukljh_\dexq_gb_\udexq_gb_

ih^k\_ldm^bkie_yijbhldexq_gbb

nmgdpbc[_aijhf_`mlhqguoaZijhkh\

ih^k\_ldbm\_ebqb\Z_lky\j_fy

bbg^bdZpbb

jZ[hlul_e_nhgZ\j_`bf_

<VLMK

JICLE

]hlh\ghklb

?keb\dexq_gZwlZnmgdpbylh

JKIJCL

<NE=V

j_]bkljZpby\k_lbhkms_kl\ey_lky

<ufh`_l_baf_gylvjZaf_jrjbnlZ

q_j_amdhjhq_ggu_bgl_j\Zeu

^bkie_cguogZ^ibk_c

\j_f_gbijbwlhfkhdjZsZ_lky\j_fy

jZ[hluhlZddmfmeylhjZ

LMCFW

CBI<K



T

N?;F

LJCLEC

<ufh`_l_\u[jZlvh^bgbalj_o

klbe_c]jZnbdbZgbfZpbb^bkie_y

dh^l_e_nhgZklj

KlbjZxlkyke_^mxsb_kibkdb

JKC=@MLM=C@

kflZd`_klj

<ufh`_l_\\_klbl_dklijb\_lkl\by

G?HL<?Q?GGU?<UAH<U

dhlhjuc[m^_l\u\h^blvkygZ^bkie_c

IJBGYLU?<UAH<U

ijb\dexq_gbbl_e_nhgZ

G:;J:GGU?GHF?J:

¨§¬¥

>ey\dexq_gby\udexq_gby

MIMS?GGU?G:IHFBG:G

gZ`fbl_deZ\brm

2.

GZ`fbl_^eybaf_g_gby

NPI?

B;

;EENG

8



5

Khljbl_bf_xsbckyl_dklb

Kihfhsvxwlhcnmgdpbbfh`gh

\\_^bl_gh\uc

j_]_g_jbjh\Zlvgbd_ev

2.

Ih^l\_j^bl_baf_g_gb_

f_lZee]b^jb^guc1L0+Zddmfmeylhj

ijbkhdjZs_gbb\j_f_gbjZ[hlu

;HCG;QCZ

mkljZg_gb_wnn_dlZiZfylb

<ufh`_l_hldexqblvZgbfZpbx

>eywlh]hih^dexqbl_l_e_nhgdZdijb

^bkie_y

aZjy^d_kfklj

¬¥¾

Î

±²°®©ª¨

Î

²¥«¥´®

Î

LILMIZHC@

³µ®¤§ªª³¬

\uihegbl_

LM;H?

H;LMK

Hkms_kl\ey_lkyihegucjZajy^b

ihke_^mxsZyaZjy^dZZddmfmeylhjZ<

<ha\jZldklZg^ZjlgufgZkljhcdZf

aZ\bkbfhklbhlkhklhygby

l_e_nhgZg_aZljZ]b\Z_ldZjlhqdm

ZddmfmeylhjZwlZijhp_^mjZfh`_l

6,0bgZkljhcdbk_lbkfÄ<ha\jZl

ijh^he`Zlvkyhl^hqZkh\

gZkljh_dl_e_nhgZ\bkoh^gh_

khklhygb_³klj

<h\j_fywlhcijhp_^mju

HIG@K

,0(,

ihevah\Zlvkyl_e_nhghfg_evay

GZkljhcdZqZkh\khojZgy_lky

GZ^bkie_c\u\h^blky

b^_glbnbdZpbhggucghf_jmkljhckl\Z

,0(,WlZbgnhjfZpbyfh`_l[ulv

ihe_agZijbk_j\bkghfh[kem`b\Zgbb

 EUXVIP 3%H[WUHPHUXVV$+$



H;LMKIDEC

I>K;HCR@HCZ

MIFWEI

O

G_kdhevdhiZjhe_cdh^h\dhlhjufb

3,1dh^l_e_nhgZ

aZsbs_gul_e_nhgbdZjlhqdZ6,0g_

Bkoh^ysb_\uah\ufh`ghhkms_kl\

iha\heyxlihklhjhggbfebpZf

eylvlhevdhihZ[hg_glkdbfghf_jZfba

ihevah\Zlvkyl_e_nhghf

l_e_nhggh]hkijZ\hqgbdZ\\h^gh\uo

<ZrZ

dZjlhqdZ6,0

aZsbs_gZ

3,1

aZibk_cg_\hafh`_g?keb\l_e_nhg

dh^hf

ebqgufb^_glbnbdZpbhgguf

ghfkijZ\hqgbd_bf_x lk yg_ihegu_

ghf_jhf

ghf_jZlhevdhdh^u]hjh^h\lhbo

fh`gh^hihegylv\jmqgmxkhhl\_lkl

>ey^hihegbl_evguonmgdpbc

\mxsbfbZ[hg_glkdbfbghf_jZfb

ki_pbZevghcdZjlhqdb6,0lj_[m_lky

dh^

3,1



<aZ\bkbfhklbhllh]h]^_khojZg_g

l_e_nhgguckijZ\hqgbdgZdZjlhqd_

Djhf_lh]hbf__lkydh^dexq

38.



6,0beb\iZfylbl_e_nhgZi_j_^

dhlhjuckem`bl^eyjZa[ehdbjh\Zgby

baf_g_gb_fl_e_nhggh]hkijZ\hqgbdZ

dZjlhqdb6,0_keb\uaZ[ueb3,1dh^

aZijZrb\Z_lkydh^3,1bebdh^

<Zr

l_e_nhg

aZsbs_g

dh^hf

l_e_nhgZ

l_e_nhgZ

dhlhjuc\ukZfbfh`_l_

\\_klbijbi_j\hf

ijh]jZffbjh\Zgbb

JILF@?HC@



nmgdpbcaZsblul_e_nhgZhl^h

agZdh\

dh^l_e_nhgZ

OjZgbl_dh^u\gZ^_`ghf

Bkoh^ysb_\uah\u\hafh`gulhevdh

g_^hklmighf^eyihklhjhggbo

ihghf_jZfbakibkdZÄgZ[jZgguo

f_kl_G_ihl_jycl_bo

ghf_jh\³

>eywlh]hkibkhdgm`ghaZihegblv

gm`gufbghf_jZfb

¬¥¾

Î

±²°®©ª¨

Î

®£°¨·¥¨¿

aZl_f\u[_jbl_nmgdpbx

Khljbl_kibkhdkljaZl_f

\\_^bl_Ägh\u_aZibkb³>eywlh]h

gm`ghgZ[jZlvZ[hg_glkdbcghf_jb

HZHWE;

gZ`ZlvdeZ\brmÄhl[hc³^hlh]hdZd

dh^l_e_nhgZ

Z[hg_glhl\_lbl

Bkoh^ysb_\uah\ufh`gh

beb

5



aZl_f

hkms_kl\eylvlhevdhih

h^ghfm

ghf_jmdhlhjucgZ[bjZ_lky

M@F

H;JKIE;M

gZ`Zlb_fijZ\hc^bkie_cghc

deZ\brb

dh^l_e_nhgZ

5



®ª

<\_^bl_Z[hg_glkdbcghf_j

<ufh`_l_h]jZgbqblv\hafh`ghklv

bbfy

bkihevah\Zgbyl_e_nhgZ^jm]bfb

beb

ex^vfb



®ª

<u[_jbl_ghf_jba

>eyÄ\u^Zggh]hgZijhdZll_e_nhgZ³

l_e_nhggh]hkijZ\hqgbdZ

dhfie_dkghmklZgZ\eb\Zxlky

ke_^mxsb_[ehdbjh\db

Imefyr`hc`

onheqcc

^_ckl\m_l

²®«¼ª®½²6,0

kfklj

GZ`fbl_deZ\brmb

g_\hafh`ghklbjZgb_kq_lqbdZ

m^_j`b\Zcl___gZ`Zlhc

lZjbnguo_^bgbp

aZijZrb\Z_lkydh^

g_\hafh`ghbaf_g_gb_lZjbngh]h

l_e_nhgZ

dhwnnbpb_glZ

 EUXVIP 3%H[WUHPHUXVV$+$



H;LMKIDEC

3,1

=EF

=VEF

L@MW

DZdijZ\beh3,1dh^aZijZrb\Z_lky

ijbdZ`^hf\dexq_gbbl_e_nhgZ<u

¬¥¾

Î

±²°®©ª¨

Î

±¥²¼

fh`_l_hldexqblvwlhldhgljhev

aZl_f\u[_jbl_nmgdpbx

h^gZdhijbwlhf\ujbkdm_l_l_fqlh

\Zrl_e_nhgkfh]mlbkihevah\Zlv

FCHCZ

ihklhjhggb_

WlZnmgdpby\u\h^blky\f_gxlhevdh

G_dhlhju_hi_jZlhjuk_lbg_

_kebhgZih^^_j`b\Z_lkyhi_jZlhjhf

jZaj_rZxlbkihevah\Zgb_wlhc

k_lb

nmgdpbb

>eyl_e_nhgZaZj_]bkljbjh\Zgu^\Z

g_aZ\bkbfuoZ[hg_glkdboghf_jZ

EI?V

=V<K

FCHCY

CBG@HCMW

3,1

<u[hjbkihevam_fh]hZ[hg_glkdh]h

<ufh`_l_baf_gblv3,1dh^gZex[hc

ghf_jZ

agZqgucghf_jdhlhjuc\Zf[m^_l

IjbqZklhckf_g_bkihevam_fh]h

e_]q_aZihfgblv

ghf_jZm^h[g__f_gylvghf_jk

¬¥¾

Î

±²°®©ª¨

Î

ihfhsvx^bkie_cghcdeZ\brb

ª®¤»

Î

¨§¬¥¨²¼3,1

kfklj

5

<\_^bl_l_dmsbc3,1dh^

F

Bg^bdZpbyZdlb\gh]h

Z[hg_glkdh]hghf_jZ

¨§¬¥

GZ`fbl_deZ\brm

B;<FIE

FCHCY

5



®ª

<\_^bl_gh\uc3,1dh^

dh^l_e_nhgZklj

5



®ª

<\_^bl_gh\uc3,1dh^_s_

<ufh`_l_jZaj_rblvbkihevah\Zgb_

jZa

lhevdhh^gh]hZ[hg_glkdh]hghf_jZ

CBG@HCMW

3,1

K`eig`h_[qcc

<ufh`_l_baf_gblvdh^3,1gZ

>eydZ`^h]hZ[hg_glkdh]hghf_jZ

ex[hcagZqgucghf_jbg^bdZpby

fh`ghaZ^Zlvbg^b\b^mZevgu_

lhevdh_kebbf__lkydh^3,1

gZkljhcdbgZijf_eh^byi_j_Z^j_

LZ`_ijhp_^mjZqlhb^ey

¨§¬¥¨²¼3,1

kZpby\uah\h\bl^>eywlh]h

kgZqZeZi_j_dexqbl_kvgZgm`guc

CBG

EI?

M@F@O

Z[hg_glkdbcghf_j

<ufh`_l_baf_gblvdh^l_e_nhgZgZ

>eykf_guebgbb\j_`bf_

ex[hcagZqgucghf_j

]hlh\ghklb

LZ`_ijhp_^mjZqlhb^ey

¨§¬¥¨²¼3,1

GZ`fbl_deZ\brmaZl_f

MIFWEI

XM;

6,0

«¨

GZ`fbl_deZ\brm

WdkiemZlZpbyl_e_nhgZk^jm]hc

dZjlhqdhc6,0[ehdbjm_lky

 EUXVIP 3%H[WUHPHUXVV$+$



H;LMKIDEC

EIHOC>NK;QCZ

JK@?JIRMCM



L@MW

<wlhlkibkhdke_^m_l\dexqblvhi_jZ

CHOI

I

L@MZP

lhjh\k_lbdjhf_hi_jZlhjZÄjh^ghc³

<u\h^blkykibkhd^hklmiguok_l_c

k_lbmdhlhjuo\uohl_eb[uaZj_]bk

*60

ljbjh\ZlvkygZij_kebbf__lky

M

Wlbfkbf\hehfhlf_q_gu

g_kdhevdhk_l_cjZaebqZxsbokyih

hi_jZlhjuk_lbbkihevah

p_g_

\Zgb_dhlhjuog_jZaj_r_

Ijb\uah\_nmgdpbbkgZqZeZ

gh\Zr_cdZjlhqdhc6,0

\u\h^blkyhi_jZlhjÄjh^ghc³k_lb

=V<K;MW

L@MW

±¯¨±

<u\h^gZ^bkie_ckibkdZ

GZqbgZ_lkygh\ucihbkdk_lbWlh

ij_^ihqlbl_evguok_l_c

bf__lkfuke_keb\ugZoh^bl_kvaZ

Gh\ZyaZibkv

ij_^_eZfb\Zr_cÄjh^ghc³k_lbbeb

ohlbl_aZj_]bkljbjh\Zlvky\^jm]hc

Y

<u[_jbl_

ª¥¯!

k_lb

<u[_jbl_aZibkv\kibkd_

?keb\dexq_gZnmgdpbyÄZ\lhfZlbq_k

hi_jZlhjh\k_lb

dbc\u[hjk_lb³lh\u[bjZ_lky

ke_^mxsZyk_lv\kibkd_Äij_^ihqlb

¢»¡®°

Ih^l\_j^bl_

l_evguchi_jZlhjh\k_lb³

Baf_g_gb_klbjZgb_klZjhcaZibkb

Ijb^jm]hcgZkljhcd_\ufh`_l_

\u[jZlvk_lv\jmqgmxbakibkdZ

Y

<u[_jbl_kms_kl\mxsmx

^hklmiguok_l_c*60

aZibkv

;=MIG;MCR



=V<IK

L@MC

¨§¬¥

<u[_jbl_^jm]mxaZibkv\

<dexq_gb_b\udexq_gb_nmgdpbb

kibkd_hi_jZlhjh\k_lb

kflZd`_Ä\u[hjk_lb³

¢»¡®°

Ih^l\_j^bl_

LJCLIE

L@M@D

beb

GZ^bkie_c\u\h^blkykibkhd

³¤«

Khljbl_aZibkv

ba\_klguo\fbj_hi_jZlhjh\k_l_c

*60kkhhl\_lkl\mxsbfbdh^Zfb

Y

<u[_jbl_aZibkv

,QIR

GZ`fbl_deZ\brm

<kibkhdfh`gh\\_klbgh\h]h

hi_jZlhjZdh^kljZgubdh^k_lb

Y

<u[_jbl_

ª¥¯!

¨§¬¥

GZ`fbl_deZ\brm

5



®ª

<\_^bl_aZibkv

 EUXVIP 3%H[WUHPHUXVV$+$



H;LMKIDEC

<FIECK



L@MC

JKC

=VBI=@

K_l_\Zy[ehdbjh\dZh]jZgbqb\Z_l

\hafh`ghklbbkihevah\Zgby\Zr_]h

¬¥¾

Î

±²°®©ª¨

Î

¯°¨¢»§®¢¥

l_e_nhgZih^^_j`b\Z_lkyg_\k_fb

aZl_f\u[_jbl_nmgdpbx

hi_jZlhjZfbk_lbHi_jZlhjk_lb

khh[sZ_l\ZfagZqguciZjhev>ey

=MIKID

=VBI=

dZ`^hck_l_\hc[ehdbjh\db \u^he`gu

?keb\uaZj_]bkljbjh\Zgu^eywlhc

hl^_evghaZj_]bkljbjh\Zlvky

mkem]blh\ufh`_l_ijh\_jblv

\dexq_gZebhgZZlZd`_\dexqblv__

=L@

CLPI?ZT

beb\udexqblvkflZd`_klj

AZ[ehdbjh\Zgu\k_bkoh^ysb_kh_^b

g_gbydjhf_wdklj_ggh]h\uah\Z

CHEI>HCMI

CLPI?ZTC@

G@A?NH;KI?

?keb\udhfmgb[m^viha\hgbeblhgZ

AZij_s_guf_`^mgZjh^gu_

^bkie_cl_e_nhgZ\ua\Zggh]h

kh_^bg_gby

Z[hg_glZ\u\h^blky\ZrZ[hg_glkdbc

ghf_jnmgdpbyaZ\bkblhlhi_jZlhjZ

CLP

G@A?NH



EK

L=

L@MC

k_lb\ua\Zggh]hZ[hg_glZ>ey

F_`^mgZjh^gu_kh_^bg_gby

ih^Z\e_gbywlhcbg^bdZpbbm

aZij_s_guH^gZdhgZoh^ykvaZ

\uau\Z_fh]hZ[hg_glZ\ufh`_l_

]jZgbp_c\ufh`_l_mklZgZ\eb\Zlv

\dexqblvj_`bfÄbgdh]gblh³eb[h

kh_^bg_gbykhk\hbfhi_jZlhjhfk_lb

lhevdh^eyh^gh]h\uah\Zeb[h^ey

\k_oihke_^mxsbo\uah\h\

=L@

=PI?ZTC@

<hafh`gh^eyihemq_gbywlhcmkem]b

L_e_nhgaZ[ehdbjh\Zg^ey\k_o

\Zfihlj_[m_lkyki_pbZevgZy

\oh^ysbo\uah\h\

j_]bkljZpbym\Zr_]hhi_jZlhjZk_lb

JKC

KINGCH>@

@A@GCH

LC>H

<ug_ihemqZ_l_\uah\h\_keb\u

<h\j_fyjZa]h\hjZ^eydhgljhey

gZoh^bl_kvaZij_^_eZfb\Zr_c

ijh^he`bl_evghklbkh_^bg_gby\u

Äjh^ghc³k_lbIjbwlhf\Zfg_

dZ`^mxfbgmlmkeurblZdmklbq_kdbc

ijb^_lkyhieZqb\Zlv\oh^ysb_

kb]gZe

kh_^bg_gby

JKI=

LILM

Ihke_mki_rgh]hhijhkZkhklhygby

fh`_lihy\blvkyke_^mxsZy

bg^bdZpby

_

;ehdbjh\dZ\dexq_gZ

]

;ehdbjh\dZg_\dexq_gZ

"

Khklhygb_g_ba\_klgh

gZijgh\ZydZjlhqdZ6,0

IMG

=L@

<FIE

M^Ze_gb_\k_o\dexq_gguo

[ehdbjh\hd

 EUXVIP 3%H[WUHPHUXVV$+$



H;LMKIDEC

O;EL

?;HHV@



JKCHZMW

K@RW

O;EL

Lhevdh

_kebZ[hg_glkdb_ghf_jZ^ey

¬¥¾

Î

±²°®©ª¨

Î

j_q_\uokh_^bg_gbcbijb_fZnZdkh\

´ª±¤»¥

h^bgZdh\u

aZl_f\u[_jbl_nmgdpbx

I_j_dexq_gb_\j_`bfnZdkZ\h

Kihfhsvxl_e_nhgZb

\j_fykh_^bg_gby

ih^dexq_ggh]hID\ufh`_l_

i_j_^Z\ZlvbihemqZlvnZdkub

JKC@G

O;ELI=

?;H

^Zggu_kflZd`_klj

Lhevdh

_kebZ[hg_glkdb_ghf_jZ^ey

Nlfi]cz

j_q_\uokh_^bg_gbcbijb_fZnZdkh\

h^bgZdh\u

Bkihevah\Zgb_mkem]i_j_^ZqbnZdkh\

b^Zgguo^he`gh[ulvjZaj_r_gh

?keb\dexq_gZwlZnmgdpbybZdlb\gh

hi_jZlhjhfk_lb

kh_^bg_gb_kIDlh\hafh`_gijb_f

lhevdh

nZdkh\beb^Zgguo

<aZ\bkbfhklbhlk_lbkms_kl\mxl

Dhfivxl_jZ\lhfZlbq_kdbijbgbfZ_l

jZaebqgu_\ZjbZgluijb_fZnZdkh\

nZdkubeb^Zggu_\khhl\_lkl\bbk

^Zgguoh[jZlbl_kvd\Zr_fm

bkihevam_fhcdhfivxl_jghc

hi_jZlhjmk_lb

ijh]jZffhc

?kebwlZnmgdpby\dexq_gZlh^ey

L;GIJKI=@KE;

ijb_fZj_q_\uo\uah\h\kgZqZeZ

Ijh\_jdZkh_^bg_gbykID

gm`ghjZahj\Zlvkh_^bg_gb_kID

IMJK;=CMW

K@RW

O;EL

?kebwlZnmgdpby\dexq_gZlhihke_

mklZgh\e_gbykh_^bg_gby\l_q_gb_

+

k_dmg^ij_^eZ]Z_lkywlZ^bkie_cgZy

deZ\brZ

¢µ®¤¿¹¤»¥

°¥´ª±

GZ`fbl_deZ\brmL_i_jv

¯¥°¥¤

\h\j_fykh_^bg_gby\u

fh`_l_i_j_dexqZlvky

f_`^mj_`bfZfbj_qbb

nZdkZbhlijZ\eylvnZdku

?kebdeZ\brZg_gZ`ZlZlh\uah\

h[jZ[Zlu\Z_lkydZdh[uqguc

 EUXVIP 3%H[WUHPHUXVV$+$



H;LMKIDEC

R;LV

=

;=MIGI<CF@

¬¥¾

Î

±²°®©ª¨

Î

·±»

¬¥¾

Î

±²°®©ª¨

Î

¢¢²®¬®¡¨«¥

aZl_f\u[_jbl_nmgdpbx

aZl_f\u[_jbl_nmgdpbx

=K@GZ

C

?;M;

;=MIG;MCR



JKC@G

Ij_`^_q_fihevah\Zlvkyl_e_nhghf

?kebl_e_nhgih^dexq_gd

ke_^m_lmklZgh\blvijZ\bevgh_\j_fy

\kljZb\Z_fufZ\lhfh[bevguf

dhfie_dlZfÄ3RUWDEOH³Ä.RPIRUW³beb

¨§¬¥

GZ`fbl_deZ\brm

Ä3URIHVVLRQDO³lh\uah\uijbgbfZxlky

ihke_lj_lv_]ha\hgdZ<aZ\bkbfhklb

5



®ª

KgZqZeZ\\_^bl_^Zlm^_gv

hlmklZgh\dbZ\lhfh[bevgh]h

f_kyp]h^aZl_f\j_fy\

dhfie_dlZ^eywlh]hfh`_l

qZkh\hfnhjfZl_

ihlj_[h\Zlvkyqlh[uaZ`b]Zgb_[ueh

\dexqZyk_dmg^u

\dexq_gh

Ijbba\e_q_gbb ZddmfmeylhjZ[he__

/

Bg^bdZpbygZ^bkie__

q_fgZk_dmg^\j_fyke_^m_l

mklZgh\blv\gh\v

;=MIG;MCR



=VEFYR@HC@

IblZgb_l_e_nhgZhkms_kl\ey_lkyhl

OIKG;M

?;MV

k_lbZ\lhfh[beyl_e_n hg\dexqZ_lky

<u[hjnhjfZlZ^Zlu

b\udexqZ_lky\f_kl_kaZ`b]Zgb_f

>>FF====

beb

FF>>====

Fh`ghaZ^Zlv\j_fyiZmauf_`^m

\udexq_gb_faZ`b]Zgbybl_e_nhgZ

;=MIG

CH?CE

Bg^bdZpbx\j_f_gbfh`gh\dexqZlvb

<EJPNODE<

hldexqZlv

¬¥¾

Î

±²°®©ª¨

Î

¡ª¯µ³´©ª¡

;=MIG;MCR



=VEFYR@HC@

?kebih^dexq_gZ]ZjgblmjZ

<mdZaZggh_\j_fyl_e_nhg

l_e_nhgbklZlh\uah\uijbgbfZxlky

hldexqZ_lky

ihke_lj_oa\hgdh\

NLM;H

K`eig`h_[qcc

·±»

GZ`fbl_deZ\brm

J`k`hilh[z

^[khcmnk[

m`f`oihclm[

5

<\_^bl_\j_fy\qZkh\f

lmk



nhjfZl_

I_j_dexq_gb_gZjZa]h\hjq_j_a

®ª

Ih^l\_j^bl_

ljm[dm\h\j_fykh_^bg_gbyl_e_nhg

kh_^bg_gk]Zjgblmjhcl_e_nhgbklZ

=vefyr`hc`

c

a

GZ`fbl_^ey\dexq_gbyb

\udexq_gby

¢°³·³¾

GZ`fbl_deZ\brm

?ijifhcm`fwh[z

m`f`oihh[z

mkn\e[

_fz

®ª

Ih^l\_j^bl_

cljifwbi][hcz

]

[]migi\cf`



lmk



JZa]h\hjq_j_aih^dexq_ggmx

rgmjhfl_e_nhggmxljm[dm

 EUXVIP 3%H[WUHPHUXVV$+$



O[el_[hhv`

M`phcr`le[zchoikg[qcz

Jkc`go[eli]_[hhvp

I_j_^ijb_fhfnZdkZmklZgh\bl_

Nlfi]czli`_ch`hcdj`k`_[rc

kh_^bg_gb_l_e_nhgZkIDbaZimklbl_

gZ\Zr_fIDk\yagmxijh]jZffmGZ

o[eli]_[hhvp

^bkie__l_e_nhgZihy\blky

Bkihevah\Zgb_mkem]i_j_^ZqbnZdkh\

bgnhjfZpbyhlbi_\uah\ZnZdkbeb

b^Zgguo^he`gh[ulvjZaj_r_gh<

^Zggu_b\umkeurbl_ki_pbZevguc

aZ\bkbfhklbhlk_lbkms_kl\mxl

\uau\ghckb]gZe

jZaebqgu_\ZjbZgluijb_fZnZdkh\

^Zgguoh[jZlbl_kvd\Zr_fm

B[]`ks`hc`j`k`_[rc

hi_jZlhjmk_lb

DZdijZ\behi_j_^ZqZaZ\_jrZ_lky

GZ\Zr_fID^he`gh[ulvmklZgh\e_

ijh]jZffgufh[_ki_q_gb_fID

ghijh]jZffgh_h[_ki_q_gb_^ey

?kebg_h[oh^bfh

i_j_^Zqb^ZgguonZdkh\

gZ`fbl_deZ\brm

Li`_ch`hc`nlmkidlm]

M`phcr`lec`p[k[em`kclmcec

KihfhsvxdZ[_eyi_j_^Zqb^Zgguo

kfkljl_e_nhgkh_^bgy_lkyk

?k[d]`kgi_`g[

ihke_^h\Zl_evgufihjlhfID

Khhl\_lkl\m_lyaudmdhfZg^9

H[lmkide[JE

Leikilmwj`k`_[rc_[hhvp

L_e_nhghkgZs_g\kljh_gguf

Khhl\_lkl\m_lklZg^Zjlm,7879ELV

fh^_fhfihwlhfm\hi_jZpbhgghc

i_j_^ZqZgZkdhjhklbb

kbkl_f_ID\u^he`gu

[blk

bgklZeebjh\ZlvklZg^Zjlgucfh^_f

O[el

klZg^Zjlgucfh^_fkhkdhjhklvx

i_j_^Zqb[blk

NZdkgZkdhjhklbb

[blkKhhl\_lkl \m_lde Zkkm

nZdkfh^_fdeZkk

fZdkkdhjhklvi_j_^Zqb[blk

J`k`_[r[o[eli]_[hhvp

<h\j_fykh_^bg_gby

KgZqZeZ\dexqbl_nmgdpbx

®²¯°¢¨²¼

°¥·¼´ª±

kljZaZl_faZimklbl_

k\yagmxijh]jZffm\Zr_]hID

LhevdhnZdk

AZimklbl_k\yagmxijh]jZffmgZ

\Zr_fIDb\\_^bl_\g_cZ[hg_glkdbc

ghf_jihdhlhjhfm\uohlbl_

mklZgh\blvkh_^bg_gb_

 EUXVIP 3%H[WUHPHUXVV$+$



?cljf`dhv`lcg]ifv

<h\j_fyjZ[hlul_e_nhgZgZ^bkie_c

\u\h^ylkyke_^mxsb_kbf\heu

Ch_ce[qczh[_cljf``

Lcg]ifvik^[h[db`k[

H

Mjh\_gvijbgbfZ_fh]hkb]gZeZ

GZihfbgZgb_

e

Hkms_kl\ey_lkyaZjy^dZ

<klj_qZ

ZddmfmeylhjZ

h

Khklhygb_aZjy^dbZddmfmeylhjZ

<uah\

g

,

I_j_Z^j_kZpby\k_o\uah\h\

>_gvjh`^_gby

d

K

<uau\ghckb]gZe\udexq_g

NmgdpbbdZevdmeylhjZ

I

Lhevdhdhjhldbc\uau\ghckb]gZe



AB

IZfylvdZevdmeylhjZ

J

<uau\ghckb]gZelhevdh_kebZ[h

g_gl\l_e_nhgghfkijZ\hqgbd_

Ih\lhjyxs__kygZihfbgZgb_

C

.

MklZgh\e_ghgZihfbgZgb_

?cljf`dhv`ef[]csc

L

<dexq_gZ[ehdbjh\dZdeZ\bZlmju

 G_dh^bjh\ZggZyi_j_^ZqZ

8

?kebgZ`Zlvb[ukljhhlimklblv

klbjZ_lkyihke_^gbckbf\he_keb

DEF

<dexq_gZbg^bdZpbyijhibkguo

m^_j`b\ZlvgZ`ZlhcklbjZ_lky\k_

$%&

kljhqguo[md\

Ihemq_ghl_dklh\h_khh[s_gb_

L_e_nhgguckijZ\hqgbdgZ

GZ`fbl_^eyql_gby

O

dZjlhqd_6,0

Ihemq_ghj_q_\h_khh[s_gb_

(

L_e_nhgguckijZ\hqgbd\

GZ`fbl_^eyijhkemrb\Zgby

l_e_nhg_

)

H]jZgbq_ggucl_e_nhgguc

P

G_hl\_q_gguc\uah\

kijZ\hqgbd

GZ`fbl_^eybg^bdZpbb

Z[hg_glkdh]hghf_jZ

Mkem]ZZ[hg_glkdbcghf_j

M

aZ[ehdbjh\ZgZ

Mkem]b6,0

?

F

:dlb\_gZ[hg_glkdbcghf_jbeb

I_j_dexq_gb_gZjZa]h\hjq_j_a

c

a

<dexq_gZnmgdpbyf_gx

ljm[dm

_

$

KhojZg_gb_\l_e_nhgghf

"

Bg^bdZpby_kebkhklhygb_k_l_\hc

kijZ\hqgbd_

nmgdpbbg_ba\_klgh

<_jlbdZevgh_ebklZgb_

9:

'$7$

Lhevdhijb_f^Zgguo

)$;

Lhevdhijb_fnZdkh\

=hjbahglZevgh_ebklZgb_

<;

<dexq_gZ\lhfZlbq_kdbcijb_f

/

\uah\h\

 EUXVIP 3%H[WUHPHUXVV$+$



Li]`mvjicljifwbi][hcym`f`oih[

=vefyr`hc`]vbv]hi^ilc^h[f[

M`f`oihhvdljk[]irhce

GZ`fbl_b

m^_j`b\Zcl_

H[\ikg`a_nh[ki_hvphig`ki]

gZ`Zlhc

wlmdeZ\brm

\

j_`bf_]hlh\ghklb

<k_

<k_Z[hg_glkdb_ghf_jZke_^m_l

Zdmklbq_kdb_kb]gZeu\udex

kgZ[`Zlvdh^Zfbf_`^mgZjh^gh]h

qZxlkybeb\dexqZxlkybe b

gZ[hjZ^ey=_jfZgbb<wlhf

khdjZsZxlky^hdhjhldh]h

kemqZ_\ue_]dhkfh`_l_a\hgblvih

kb]gZeZ

wlbfghf_jZfbaaZ]jZgbpu

GZ`fbl_b

m^_j`b\Zcl_

Jiclejicg`h[g

gZ`Zlhc

wlmdeZ\brm

ijb

?keb^eyh^ghc[md\ubf__lkyfgh]h

ihklmie_gbb\uah\Z



aZibk_clhfh`_lhdZaZlvkym^h[g__

<uau\ghckb]gZehldex

i_j_clbdke_^mxs_c[md\_b

qZ_lky^eywlh]h\uah\Z

ijhebklZlvgZaZ^

=efyr`hc`]vefyr`hc`

Jkcl]i`hc`cg`h

\fiecki]ecef[]c[mnkv

?keb\uohlbl_\\_klbg_kdhevdh

Z[hg_glkdboghf_jh\^eyh^gh]h

GZ`fbl_b

m^_j`b\Zcl_

q_eh\_dZ

gZ`Zlhc

wlmdeZ\brm\

&DUROD%jZ[hqbc

j_`bf_]hlh \ghklb

&DUROD3^hfZrgbc

?cljf`dh[zef[]cs[

Ji]mikhvdh[\ik

%XUR

M^_j`b\Zcl_gZ`ZlhcihdZ

Ih\lhjgucgZ[hjihke_^g_]h

g_gZqg_lkygZ[hjghf_jZ

gZ[jZggh]hghf_jZ

AZijhkÄ2.³\wlhfkemqZ_

GZ`fbl_deZ\brm^\Z`^u

ijhimkdZ_lkyFh`gh

bkihevah\Zlvb^eypbnj

khdjZs_ggh]hgZ[hjZ

=ib]k[mh[lmki`em`f`oih[]

clpi_hi`lilmizhc`

H[\ikg`a_nh[ki_hvdhig`ki]

<ha\jZl\k_ogZkljh_dl_e_nhgZ\

M^_j`b\Zcl_deZ\brm

bkoh^gh_khklhygb_

gZ`ZlhcihdZg_ihy\blky

<\_^bl_



kbf\heÄ³

bgZ`fbl_deZ\brm



±¯¨±

GZ`fbl_deZ\brmb

GZkljhcdbgZdZjlhqd_6,0b\k_lb

\u[_jbl_ kljZgm

hklZxlkyg_baf_ggufb

=vbi]jirmi]i^iztce[

WlZpbnjh\ZydeZ\brZ

aZj_a_j\bjh\ZgZ^ey

\uah\Zihqlh\h]hysbdZ

kfklj

Imjk[]e[lii\t`hcd

GZ`fbl_wlmdeZ\brm

\f_klh

®²¯°

 EUXVIP 3%H[WUHPHUXVV$+$



L`k]clh[zlfna\[6LHPHQV

NbjfZ6LHPHQVhdZ`_l\Zfihfhsvx\h\k_ffbj_^hklZlhqghl_e_nhggh]h

a\hgdZbebh[jZs_gbyihk_lbBgl_jg_l

,QWHUQHWKWWSZZZVLHPHQVFRPFGVHUYLFH

:[m>Z[b6LHPHQV6HUYLFH&HQWHU 

Ebl\Z 6LHPHQV 

:\kljZeby 6LHPHQV  

Exdk_f[mj] 6LHPHQV 

:\kljby 6LHPHQV  

FZ\jbdbc  ,UHODQG%O\WK 

;Zg]eZ^_r 6LHPHQV  

FZeZcaby  +HOORVHUYLFH 

;_ev]by 6LHPHQV  

FZjhddh 6(7(/6$  

;he]Zjby 2PQLWHO  

Gb^_jeZg^u6LHPHQV  

;jmg_c'67  

Ghj\_]by  6LHPHQV 

<_ebdh[jblZgby6LHPHQV 

HfZg 6LHPHQV6HUYLFH&HQWHU 

<_g]jby 6LHPHQV  

IZdbklZg  6LHPHQV 

<v_lgZf 2SWLFRP  

IhevrZ  6LHPHQV 

=_jfZgby 6LHPHQV  

Ihjlm]Zeby 6LHPHQV 

=hgdhg] 6LHPHQV  

Jhkkby 6LHPHQV 

=j_pby6LHPHQV  

KZm^h\kdZy:jZ\by$UDELD(OHFWULF 

>Zgby 6LHPHQV  

Kbg]Zimj  6LHPHQV 

>m[Zb6LHPHQV6HUYLFH&HQWHU 

Keh\Zdby 6LHPHQV 

?]bi_l6LHPHQV  

Keh\_gby  6LHPHQV 

Bg^hg_aby'LDQ*UDKD(OHNWU 

LZbeZg^  6LHPHQV 

Bhj^Zgby )$.HWWDQHK  

LZc\Zgv 6LHPHQV 

BjeZg^by 6LHPHQV  

Lmjpby 6,0.2 

BjeZg^by 6PLWK1RUODQG  

Nbebiibgu 6LHPHQV 

Bg^by 6LHPHQV  

Nbgeyg^by 6LHPHQV 

PKBK

NjZgpby  6LHPHQV 

BkiZgby6LHPHQV  

Ohj\Zlby 6LHPHQV 

BlZeby6LHPHQV  

Q_oby 6LHPHQV 

DblZc 6LHPHQV  

R\_cpZjby 6LHPHQV 

Dm\_cl 1*((&2 

R\_pby 6LHPHQV 

EZl\by6LHPHQV  

X`gZy:njbdZ6LHPHQV  

Eb\Zg)$.HWWDQHK  

 EUXVIP 3%H[WUHPHUXVV$+$



Nlmk[h`hc`h`cljk[]hilm`d

?kebijbbkihevah\Zgbbl_e_nhgZm\Zk\hagbdebijh[e_fuihijh[mcl_kgZqZeZ

gZclbj_r_gb_\jZa^_e_ÄMkljZg_gb_g_bkijZ\ghkl_c³?kebj_rblvijh[e_fmg_

m^Zehkvh[jZlbl_kvd\Zr_fmhi_jZlhjmk_lbbeb\k_j\bkgmxkem`[m6LHPHQV

kfklj

Jki\f`g[ =ibgiahv`jkcrchv =ibgiahv`ljili\vnlmk[h`hcz

L_e_nhgg_

<ukebr dhf[ukljh

m^_j`b\Zcl_deZ\brm\dexq_gbygZ`Zlhcg_

\dexqZ_lky

hlimklbebdeZ\brm

f_g__k_dmg^

\dexq_gby

JZajy`_gZddmf m e ylh j AZjy^bl_ZddmfmeylhjIjh\_jvl_bg^bdZpbx

aZjy^dbgZ^bkie__

AZ]jyag_gudhglZdlu

Hqbklbl_dhglZdlu

ZddmfmeylhjZ

=em[hdbcjZajy^

AZjy`Zcl_Zddmfmeylhj\l_q_gb_ihemqZkZ

ZddmfmeylhjZ

g_gZ^he]hhldexqbl_rgmjaZjy^gh]h

mkljhckl\ZaZl_faZjy`Zcl_dZdh[uqgh

<j_fyjZ[hlu

QZklh_bkihevah\Zgb_

G_ihevamcl_kvbfblZdqZklh

\j_`bf_

hj]ZgZca_jZbebb]j

]hlh\ghklb

Wnn_dliZfylb <uihegbl_ijhp_^mjmmoh^ZaZZddmfmeylhjhf

j_adh

kfklj

khdjZsZ_lky

G_\dexq_gj_`bfwdhghfbb

<dexqbl_j_`bfwdhghfbbwg_j]bbkfklj

wg_j]bb

<dexq_gZih^k\_ldZ

<udexqbl_ih^k\_ldm^bkie_y

^bkie_y

kfklj

KemqZcgh_gZ`Zlb_deZ\brb

<dexqbl_[ehdbjh\dmdeZ\bZlmju

ih^k\_ldZ

G_ijhbkoh^bl

=em[hdbcjZajy^

AZjy`Zcl_Zddmfmeylhj\l_q_gb_ihemqZkZ

aZjy^dZ

ZddmfmeylhjZ

g_gZ^he]hhldexqbl_rgmjaZjy^gh]h

gZ^bkie__

mkljhckl\ZaZl_faZjy`Zcl_dZdh[uqgh

g_lkbf\heZ

L_fi_jZlmjZ\g_^bZiZahgZ

H[_ki_qvl_g_h[oh^bfmxl_fi_jZlmjmg_fgh]h

aZjy^db

hl&^h&

ih^h`^bl_aZjy`Zcl_\gh\v

Ijh[e_fZkdhglZdlZfb Ijh\_jvl_we_dljhiblZgb_bkh_^bg_gb_

aZjy^gh]hmkljhckl\Zkl_e_nhghf

Ijh\_jvl_dhglZdluZddmfmeylhjZihqbklbl_bo

ijbg_h[oh^bfhklbaZl_faZjy`Zcl_\gh\v

G_lgZijy`_gbyiblZgby Ih^dexqbl_aZjy^gh_mkljhckl\hd^jm]hc

jha_ld_bebijh\_jvl_gZijy`_gb_iblZgby

G_bkijZ\ghaZjy^gh_

?kebaZjy^gh_mkljhckl\hg_gZ]j_\Z_lky

mkljhckl\h

aZf_gbl__]h

AZjy^gh_mkljhckl\hg_

Bkihevamcl_lhevdhhjb]bgZevgu_

ih^oh^bl

ijbgZ^e_`ghklb6LHPHQV

:ddmfmeylh jg_bkijZ\_g AZf_gbl_Zddmfmeylhj

Hrb[dZ

DZjlhqdZ6,0mklZgh\e_gZ

Ijh\_jvl_ijZ\bevghebmklZgh\e_gZdZjlhqdZ

dZjlhqdb6,0

g_ijZ\bevgh

6,0>_j`Zl_evdZjlhqdb^he`_gnbdkbjh\Zlvky

ks_eqdhfkfklj

AZ]jyag_gudhglZdlu

Ijhljbl_dZjlhqdm6,0kmohcljyidhc

dZjlhqdb6,0

DZjlhqdZ6,0gZ^jm]h_

Fh`ghbkihevah\ZlvlhevdhdZjlhqdb6,0k

gZijy`_gb_

jZ[hqbfgZijy`_gb_f<

DZjlhqdZ6,0ih\j_`^_gZ Hkfhljbl_dZjlhqdm

<_jgbl_dZjlhqdm6,0hi_jZlhjmk_lb

 EUXVIP 3%H[WUHPHUXVV$+$



Nlmk[h`hc`h`cljk[]hilm`d

Jki\f`g[ =ibgiahv`jkcrchv =ibgiahv`ljili\vnlmk[h`hcz

G_lkh_^bg_gby

KeZ[uckb]gZe GZc^bl_[he__\ukhdh_f_klh

kk_lvx

ih^hc^bl_dhdgmbeb\uc^bl _gZ

hldjulh_ijhkljZgkl\h

<ugZoh^bl_kvaZij_^_eZfbahgu

Ijh\_jvl_ahgmh[kem`b\Zgby

h[kem`b\Zgbyk_lb*60

hi_jZlhjZk_lb

DZjlhqdZ6,0g_^_ckl\bl_evgZ Iha\hgbl_hi_jZlhjmk_lb

\hkihevah\Z\rbkv^jm]bf

l_e_nhggufZiiZjZlhf

G_^hklmigZgh\Zyk_lv Ihijh[mcl_\hkihevah\Zlvky

nmgdpb_c\u[hjZk_lb\jmqgmxbeb

\u[_jbl_^jm]mxk_lvkfklj

<dexq_gZk_l_\Zy[ehdbjh\dZ Ijh\_jvl_k_l_\u_[ehdbjh\db

kfklj

K_lvi_j_]jm`_gZ Iha\hgbl_iha^g__

L_e_nhgl_jy_l

KebrdhfkeZ[uckb]gZe Gh\h_kh_^bg_gb_k^jm]bf

kh_^bg_gb_k

hi_jZlhjhfk_lbhkms_kl\ey_lky

k_lvx

Z\lhfZlbq_kdb kf klj

Kh_^bg_gb_kk_lvxfh`gh

mkdhjblv\dexqb\b\udexqb\

l_e_nhg

<uah\u

Hrb[dZgZ[hjZ Gh\Zyk_lvg_^hklmigZ

g_\hafh`gu

kfklj

<u[jZgZ\lhjZyebgby <u[_jbl_^jm]mxebgbx

kfklj

MklZgh\e_gZgh\ZydZjlhqdZ6,0 Ijh\_jvl_gh\u_[ehdbjh\db

>hklb]gmlmklZgh\e_ggucij_^_e

Iha\hgbl_hi_jZlhjmk_lbbeb

dhebq_kl\ZlZjbnguo_^bgbp

k[jhkvl_ij_^_ebkihevamydh^

3,1 kfklj

Hij_^_e_ggu_

>_ckl\m_l[ehdbjh\dZ\uah\h\ ;ehdbjh\dbfh]ml[ulv\dexq_gu

\uah\u

hi_jZlhjhfk_lbIjh\_jvl_

g_\hafh`gu

[ehdbjh\dbkfklj

:[hg_glkdbcghf_j^ebgg__pbnj Ijh\_jvl_Z[hg_glkdbcghf_j

G_\hafh`gh

>_ckl\m_l[ehdbjh\dZ\uah\h\ Ijh\_jvl_[ehdbjh\db

\\_klbaZibkv\

kfklj

l_e_nhgguc

L_e_nhgguckijZ\hqgbdaZiheg_g Khljbl_aZibkbbal_e_nhggh]h

kijZ\hqgbd

kijZ\hqgbdZkfklj

G_\hafh`gh

;ehdbjh\dZdZjlhqdb6,0 H[jZlbl_kvdhi_jZlhjmk_lb

baf_gblv

l_e_nhgguc

kijZ\hqgbd

G_\hafh`gh

;ueZaZf_g_gZdZjlhqdZ6,0 <klZ\vl_ij_`gxxdZjlhqdm6,0

gZclb

l_e_nhgguc

kijZ\hqgbd

 EUXVIP 3%H[WUHPHUXVV$+$



Nlmk[h`hc`h`cljk[]hilm`d

Jki\f`g[ =ibgiahv`jkcrchv =ibgiahv`ljili\vnlmk[h`hcz

G_jZ[hlZ_l

G_\dexq_gZi_j_Z^j_kZpby <dexqbl_i_j_Z^j_kZpbx

j_q_\ZyihqlZ

kfklj

Ijh^he`Z_l

AZiheg_gZiZfylvkhh[s_gbc Khljbl_khh[s_gb_qlh[u

fb]Zlvkbf\he

hk\h[h^blviZfylv

Ä

³

kfklj

G_\hafh`gZ

Hi_jZlhjk_lbg_ij_^hklZ\ey_lwlm

H[jZlbl_kvdhi_jZlhjmk_lb

i_j_^ZqZ

mkem]m

khh[s_gby

:[hg_glkdbcghf_jk_j\bkgh]hp_gljZ

GZkljhcl_k_j\bkgucp_glj

g_\\_^_gbeb\\_^_gg_ijZ\bevgh

kfklj

Mkem]Zg_ih^^_j`b\Z_lkydZjlhqdhc

H[jZlbl_kvdhi_jZlhjmk_lb

6,0

Hi_jZlhjk_lbi_j_]jm`_g Ih\lhjbl_khh[s_gb_

MihemqZl_eyg_kh\f_klbfuc

Ijh\_jvl_

l_e_nhg

G_\hafh`gh

Nmgdpbyg_ih^^_j`b\Z_lky

H[jZlbl_kvdhi_jZlhjmk_lb

mklZgh\blv

hi_jZlhjhfk_lbbeb^ey__

nmgdpbx

bkihevah\Zgbylj_[m_lky

ki_pbZevgZyj_]bkljZpby

G_jZ[hlZ_l

G_i_j_^Zxlkybfimevku

H[jZlbl_kvdhi_jZlhjmk_lb

kq_lqbd

lZjbnbdZpbb

lZjbnbdZpbb

Hrb[dZ3,1dh^Z Ljbg_ijZ\bevguo\\h^Z <khhl\_lkl\bbkmdZaZgbyfb

\\_^bl_ij_^hklZ\ey_fuck

dZjlhqdhc6,0 ]eZ\gucdh^0$67(5

3,138.?keb\uihl_jyebdh^

0$67(53,1beb3,1dh^

h[jZlbl_kvdhi_jZlhjmk_lb

Hrb[dZdh^Z

Ljbg_ijZ\bevguo\\h^Z H[jZlbl_kv\k_j\bkgmxkem`[m

mkljhckl\Z

6LHPHQVkfklj

Hrb[dZdh^Z

G_lijZ\ZgZbkihevah\Zgb_wlhc

H[jZlbl_kvdhi_jZlhjmk_lb

hi_jZlhjZk_lb

mkem]b

Hlkmlkl\mxl

Hi_jZlhjk_lbfh`_l^h[Z\eylvbeb

Ijhdhgkmevlbjmcl_kvmhi_jZlhjZ

imgdluf_gx

m^ZeylvnmgdpbbkihfhsvxdZjlhqdb

k_lb

kebrdhffgh]h

6,0

imgdlh\f_gx

G_\hafh`gh

G_ijZ\bevgu_gZkljhcdbID Ijh\_jvl_gZkljhcdb

bkihevah\Zgb_

kfklj

nZdkZ

G_lijZ\ZgZbkihevah\Zgb_wlhc

H[jZlbl_kvdhi_jZlhjmk_lb

mkem]b

Ji]k`a_`hcz

Kbevgucm^Zj <ug v l_bkgh\ZmklZgh\bl_ZddmfmeylhjbdZjlhqdm6,0G_jZa[bjZcl_

l_e_nhg

<l_e_nhgihiZeZ

;ukljhijhljbl_l_e_nhgldZgvxg_gZ]j_\Zcl_l_e_nhgIjhkmrbl_

\h^Z

dhglZdlu<ugvl_bijhljbl_ZddmfmeylhjbdZjlhqdm6,0Ih^_j`bl_

ZiiZjZl\_jlbdZevgh\ihlhd_\ha^moZG_jZa[bjZcl_l_e_nhg

 EUXVIP 3%H[WUHPHUXVV$+$



M`phcr`lec`p[k[em`kclmcecnpi_

?ij

n

leexeljf

n

[m[qcc

Li]`mvji

L_e_nhggucZiiZjZlk

khhl\_lkl\mxsbfghf_jhf,0(,

^hims_gdwdkiemZlZpbb\k_lyo*60b

khhl\_lkl\m_l^bj_dlb\Zf?K

(:*ÄWe_dljhfZ]gblgZy

kh\f_klbfhklv³

(*&75b&75

ÄHdhg_qgu_mkljhckl\Zk\yab³

(*&75b&75

ÄHdhg_qgu_mkljhckl\Zk\yab³

(:*ÄGbadh\hevlgh_h[hjm^h

\Zgb_³k^ h ih eg _g by f b(:*

M`phcr`lec` p[k[em`kclmcec

*60deZkk<l

qZklhlguc^bZiZahgF=p

*60deZkk<l

qZklhlguc^bZiZahgF=p

FZkkZ ]

JZaf_ju [[ff

kf

GZijy`_gb_iblZgby <

Ihlj_[ey_fuclhd fZdkf:

JZ[hqZyl_fi_jZlmjZhl&^h&

<j_fyjZ[hlu\j_`bf_]hlh\ghklb

^hqZkh\

<j_fyjZa]h\hjZ^hqZkh\

MklZgh\e_ggucijhba\h^bl_e_f\ihjy^d_i

klN_^_jZevgh]hAZdhgZJNÄHaZsbl_ijZ\

ihlj_[bl_e_c³kjhdkem`[u^ey^Zggh]h

ba^_ebyjZ\_gk_fb]h^Zfk^Zlu

ijhba\h^kl\Zijbmkeh\bbqlhba^_eb_

bkihevam_lky\kljh]hfkhhl\_lkl\bbk

gZklhys_cbgkljmdpb_cihwdkiemZlZpbbb

ijbf_gbfufbl_ogbq_kdbfbklZg^ZjlZfb

Ijhkv[Zg_imlZlvkjhdkem`[uk]ZjZglbcguf

kjhdhf

n

pi_

n

KdZjlhqdhc6,0ke_^m_l

h[jZsZlvkydZdkdj_^blghc

dZjlhqdhcG_k]b[Zlvg_pZjZiZlv

g_ih^\_j]Zlv\ha^_ckl\bx

klZlbq_kdh]hwe_dljbq_kl\Z

>eyhqbkldbZiiZjZlZijhlbjZcl_

_]h\eZ`ghcldZgvxbebZglbklZlb

q_kdhckZen_ldhcG_ijbf_gycl_

obfbq_kdb_qbklysb_kj_^kl\Z

Ij_^hojZgycl_l_e_nhgguc

ZiiZjZlhlm^Zjh\b\ha^_ckl\by

\eZ]bG_ih^\_j]Zcl_l_e_nhg

\ha^_ckl\bxijyfh]hkheg_qgh]h

k\_lZl_fi_jZlmjZg_^he`gZ

ij_\urZlv

&

Ijb^ebl_evguoi_j_ju\Zo\

bkihevah\Zgbbbal_e_nhgZ

ke_^m_l\ugbfZlvZddmfmeylhj

?[hhv`m`f`oih[

Ijbihl_j_l_e_nhgZbebdZjlhqdb

6,0\Z`ghagZlvke_^mxsb_

^Zggu_Ih`ZemcklZaZibrbl_

Ghf_jdZjlhqdb6,0gZdZjlhqd_



agZqguck_jbcgucghf_j

l_e_nhgZih^Zddmfmeylhjhf



:[hg_glkdbcghf_jk_j\bkghc

kem`[uhi_jZlhjZk_lb



Jkcnm`k`

?keb<uihl_jyebl_e_nhggucZiiZ

jZlbebdZjlhqdm 6,0^eyij_^hl\jZ

s_gbybobki heva h\ Zg by ihklhjhg

gbfbebpZfbg_f_^e_gghk\y`bl_kv

khi_jZlhjhfk_lb

 EUXVIP 3%H[WUHPHUXVV$+$



Jkch[_f`ahilmc

B[j[lhid

[eengnfzmik

B[acg

_fz

his`hcz

h[

jizl`

/1$1L0+f:q

/1$

/1$/L,RQf:q

?ikiahi`

b[kz_hi`

nlmkidlm]i

/1$?\jhiZ

/1$<_ebdh[jblZgby

LZdh_`_dZdklZg^Zjlgh_aZjy^gh_

mkljhckl\hghkZ\lhfZlbq_kdhc

mklZgh\dhc\oh^gh]hgZijy`_gbyhl

^h<

H[lmifwhi`

b[kz_hi`

nlmkidlm]i

Kem`bl^eym^h[gh]hbgZ^_`gh]h

/1$

dj_ie_gbygZj_fg_

Eia[hvd

]l`ji^i_hvd

r`pif

/1$dh`Zguc

/1$\k_ih]h^guc

DjZkb\ucZdk_kkmZjaZsbsZxsbc

l_e_nhghl]jyabbg_ih]h^u

6RIW'DWD/LQN

/1$

GZ^_`gZyih^klZ\dZh^gh\j_f_ggh

h[_ki_qb\Z xsZyaZjy^dmZddmfmey

Bf_xlky\_jkbbwlhcijh]jZffu^ey

lhjZl_e_nhgZbaZiZkgh]hZddmfm

:LQGRZV

17&(3DOP,,,9b

eylhjZFh`_lbkihevah\Zlvkyk

3VLRQ

6HULHIjh]jZffZ

ijbeZ]Z_fufbdl_e_nhgmaZjy^guf

h[_ki_qb\Z_lke_^mxsb_nmgdpbb

mkljhckl\hfbebk^hjh`guf

i_j_^ZqZijb_fbkhklZ\e_gb_

aZjy^gufmkljhckl\hf

l_dklh\uokhh[s_gbc606

m^h[gh_mijZ\e_gb_l_e_nhgguf

>[khcmnk[

m`f`oihclm[

377

kijZ\hqgbdhfbgZihfbgZgbyfb

/1$

khklZ\e_gb_f_eh^bc\uau\gh]h

kb]gZeZ

E[\`fw

j`k`_[rc

_[hhvp

/1$

>eyih^dexq_gbyl_e_nhgZdihjlm

56i_jkhgZevgh]hdhfivxl_jZ

H[_ki_qb\Z_lhilbfZevgmxk\h[h^m

^\b`_gbcijbgZbemqr_fdZq_kl\_

k\yabHkh[_gghm^h[gZ\Z\lhfh[be_

bebijboh^v[_HkgZs_gZdghidhc

3773XVK7R7DONgZ`fbb]h\hjb

kem`Zs_c^eym^h[kl\Zbkihevah\Z

gby

 EUXVIP 3%H[WUHPHUXVV$+$



;]migi\cfwhv`jkch[_f`ahilmc

IjbmklZgh\d_Z\lhfh[bevguo

=lmk[c][`gvdeigjf`em.RPIRUW

[

ijbgZ^e_`ghkl_cm[_^bl_kv 

/1$

qlhhgbg_f_rZxljZ[hl_

^jm]bokbkl_fZ\lhfh[bey

gZij ih^mr_d[_ahiZkghk lb

;]migi\cfwhvd_`ka[m`fw

/1$

Kem`bl^eyih^dexq_gbyZ\lhfh[bev

gh]haZjy^gh]hdZ[_eyZ\lhfh[bevgh

]hdhfie_dlZ]jhfdh]h\hjys_ck\yab

3RUWDEOHb]Zjgblmjul_e_nhgbklZ

Wlhmkljhckl\hh[_ki_qb\Z_l

?`ka[m`fwlji_efyr`hc`g[hm`hhv

[_ahiZkgmxbm^h[gmxl_e_nhggmx

/1$

k\yav\h\j_fy_a^uIj_djZkgh_

:\lhfh[bevguc^_j`Zl_evkih ^dexq_

dZq_kl\hk\yabh[_ki_qb\Z_lky

gb_f\g_rg_cZgl_gguiha\hey_lba[_

^mie_dkgufj_`bfhfjZ[hlub

`Zlvbaemq_gbybihf_obh[_ki_qb\Z_l

pbnjh\hch[jZ[hldhckb]gZeZ

memqr_ggucijb_fIh^dexq_gb_Z\lh

fh[bevgh]haZjy^gh]hdZ[_eyZ\lhfh

=lmk[c][`gvdeigjf`em3URIHVVLRQDO

[bevguogZmrgbdh\bZ\lhfh[bevgh]h

9RLFH

\kljZb\Z_fh]hdhfie_dlZ3RUWDEOH

/1$g_f_pdbc

/1$Zg]ebckdbc

;]migi\cfwhvdb[kz_hvde[\`fw

/1$

>eyih^dexq_gbyd[hjlh\hck_lb

Z\lhfh[bey\hevlq_j_a

ijbdmjb\Zl_evBkihevam_lky\f_kl_k

^_j`Zl_e_f

MijZ\e_gb_]hehkhf

;]migi\cfwh[z^kigei^i]ikzt[z

Kh\j_f_gg_crZykbk l _ fZ jZkihagZ\Z

l]zbw3RUWDEOH

gbyj_qb^ey[_ahi Z k g h c bm^h[ghc

/1$

l_e_nhgghck\yab<dhfie_dl\oh^yl

\k_^_lZebg_h[oh^bfu_^eymklZgh\db

\Z\lhfh[be_

E[\`fw_[hhvp3URIHVVLRQDO

/1$

>eykh_^bg_gby\kljZb\Z_fh]h

Z\lhfh[bevgh]hdhfie_dlZ 3URIHVVLRQDO

9RLFHkdZ[_e_fihke_^h\Zl_evgh]h

ihjlZkbkl_fh[jZ[hldb^Zg guo

Mkljhckl\h]jhfdh]h\hjys_ck\yabk

\kljh_gguf]jhfdh]h\hjbl_e_fbfbd

?ijifhcm`fwh[z[]migi\cfwh[z

jhnhghfIh^^_j`b\Z_lnmgdpbx

mkn\e[

ÄZ\lhfZlbq_kdbcijb_ f\uah\h\³

/1$

Ih^dexqZ_lkyd]g_a^mijbdmjb\Zl_ey

E_]dZyl_e_nhggZyljm[dZgZijbf_j

Mkljhckl\hfh`ghe_]dhi_j_klZ\eylvk

^eydhgnb^_gpbZevguojZa]h\hjh\

Z\lhfh[beygZ Z\lhfh[bev

Fh`_lbkihevah\Zlvky\f_kl_k

J_dhf_g^m_lkybkihevah\Zlvkh\f_klgh

\kljZb\Z_fufbZ\lhfh[bevgufb

kZ\lhfh[bevguf^_j`Zl_e_f

dhfie_dlZfb.RPIRUWb3URIHVVLRQDO

9RLFH

 EUXV6,;IP 3%H[WUHPHUXVV$+$



;fo[]cmhvdne[b[m`fw

:

=

:[hg_glkdbcghf_jihqlh\h]h

=ZjgblmjZl_e_nhgbklZ^hi

ysbdZ 

ijbgZ^e_`ghklv 

:\lhfZlbq_kdh_hldexq_gb_ 

=eZ\gh_f_gx 

:m^bhkb]gZeu  

=jhfdhklv  

;

>

;_ahiZkghklv  

>_ckl\byijbml_j_l_e_nhgZ

;ehdbjh\dbk_lb  

dZjlhqdb6,0 

;jZma_j 

>bkie_cgu_kbf\heu 

;m^bevgbd

>h[Z\e_gb_dZjlbgdb  

;ukljuc\u[hj 

>hiheg_gb_Z[hg_glkdbo

ghf_jh\ 

<

>himkddwdkiemZlZpbb 

<Z\lhfh[be_ 

<\h^l_dklZÄ7 

A

<\h^l_dklZ  

AZdeZ^db  

<b[jhkb]gZebaZpby  

AZibkgZydgb`dZ  

<bablgZydZjlhqdZ  

AZjy^dZZddmfmeylhjZ

<dexq_gb_\udexq_gb_

AZjy^gh_mkljhckl\h

fbdjhnhgZ 

B

<dexq_gb_\udexq_gb_

B]ju  

l_e_nhgZ 

B^_glbnbdZpbhggucghf_j

<ha\jZlgZkljh_d\bkoh^gh_

l_e_nhgZ,0(,  

khklhygb_ 

Baf_g_gb_3,1dh^Z 

<j_fyaZjy^db 

Bg^bdZpby85/  

<j_fyjZ[hluhlZddmfmeylhjZ

Bg^bdZpbyklhbfhklb 

<j_fykh_^bg_gby

Bg^bdZpbylZjbnguo_^bgbp 

<j_fyklhbfhklv  

Bg^bdZpby  

<lhjhcZ[hg_glkdbcghf_j 

Bgdh]gblh 

<u[hjebgbb  

Bgl_jg_l 

<u[hjyaudZ 

BgnhjfZpbhggu_dZgZeu 

<uah\u

BgnhjfZpbhggu_kem`[u  

aZ\_jr_gb_  

g_kdhevdhh^gh\j_f_ggh  

hldehg_gb_  

ijb_f  

<udexq_gb_\uau\gh]h

kb]gZeZ 

 EUXV6,;IP 3%H[WUHPHUXVV$+$



;fo[]cmhvdne[b[m`fw

D

I

DZevdmeylhj  

IZfylvmkljhckl\Z  

DZjlhqdZ6,0

I_j_Z^j_kZpby\uah\h\  

Dh^3,1

I_j_Z^j_kZpbygZihqlh\uc

\\h^ 

ysbd  

hrb[dZ 

I_j_^ZqZ^Zgguo 

Dh^38. 

I_j_^ZqZijb_fnZdkh\  

Dh^l_e_nhgZ  

I_j_dexq_gb_\uah\h\ 

Dh^mkljhckl\Z 

I_j_dexq_gb_f_`^m

Dh^ufgh]hqZklhlgh]hgZ[hjZ

kh_^bg_gbyfb 

i_j_^ZqZ  

I_j_dexq_gb_ijhibkguo

khojZg_gb_ 

kljhqguo[md\  

Dh^uij_^\Zjbl_evgh]hgZ[hjZ

Ih\lhjgucgZ[hj

Dh^u 

Ih^]hlh\e_ggu_ khh[s_gby 

Dhg\_jlhj\Zexl  

Ih^k\_ldZ 

Dhgn_j_gpk\yav 

Ihi_j_f_ggucjZa]h\hjih^\mf

Dhjhldb_l_dklh\u_

ebgbyf  

khh[s_gby606  

Ihqlh\ucysbd  

Dmjkhj

Ij_^ihqlbl_evgZyk_lv 

F

Ijb_faZ\_jr_gb_\uah\Z  

F_`^mgZjh^gucgZ[hj 

IjbgZ^e_`ghklb^eybkihevah

F_eh^by  

\Zgby\Z\lhfh[be_  

F_gxl_dkl 

IjbgZ^e_`ghklb 

F_gx\h\j_fyjZa]h\hjZ 

Ijhnbeb 

G

J

GZ[jZggu_Z[hg_glkdb_

J_`bf]hlh\ghklb

ghf_jZ 

J_q_\h_khh[s_gb_ihqlh\uc

GZihfbgZgby 

ysbd

GZkljhcdZ\uau\gh]hkb]gZeZ

gZkljhcdZ  

ijhkemrb\Zgb_ 

Ghf_j,0(, 

Jh^gZyk_lv  

Ghf_jZkhdjZs_ggh]hgZ[hjZ

H

H[sZykmffZ 

H]jZgbq_gbygZ[hjZ

Z[hg_glkdboghf_jh\  

 EUXV6,;IP 3%H[WUHPHUXVV$+$



;fo[]cmhvdne[b[m`fw

K

L_e_nhgguckijZ\hqgbd9,3 

L_ogbq_kdb_oZjZdl_jbklbdb 

K_dmg^hf_j 

Lhevdhihke_^gb_  

K_j\bkgZykem`[Z6LHPHQV 

LhevdhwlZdZjlhqdZ6,0  

K_j\bkgu_kb]gZeu 

LhgZevgu_kb]gZeu\uau\ghc

K_l_\ZybgnhjfZpby 

kb]gZe 

Kb]gZebaZpby\lhjh]h\uah\Z

Kh[kl\_ggu_ghf_jZ  

M

Kh\_luihbkihevah\Zgbx 

MijZ\e_gb_hi_jZlhjZk_lb  

Kh_^bg_gb_kk_lvx 

MijZ\eyxsb_kbf\heu

Khh[s_gby\oh^ysb_

'70) 

bkoh^ysb_  

Mkem]b6,0 

KhklZ\e_gb_f_eh^bb 

MklZgh\dZqZkh\ 

Khklhygb_ijbihklZ\d_

MkljZg_gb_g_bkijZ\ghkl_c 

Ki_pbZevgu_kbf\heu  

Moh^aZZddmfmeylhjhf  

KibkdbZ[hg_glkdboghf_jh\ 

Moh^aZl_e_nhghf 

Kibkhdih\lhjgh]hgZ[hjZ

O

KlZg^Zjlgu_agZq_gby  

Ojhghf_lj  

Klbev^bkie_cghc]jZnbdb  

Ko_fZlbq_kdbcihjlj_l 

W

L

Wdklj_gguc\uah\ 

LZcf_j

L_dklijb\_lkl\by 

L_dklh\u_khh[s_gby606

gZkljhcdb  

klbjZgb_ 

ql_gb_gh\uo 

khklZ\e_gb_  

i_j_kuedZ  

ih\lhjgh_bkihevah\Zgb_ 

ih^]hlh\e_ggu_ 

L_dklh\u_khh[s_gby

L_e_nZdk 

L_e_nhg\u^ZggucgZijhdZl

L_e_nhgguckijZ\hqgbd

gh\ZyaZibkv  

f_gx  

h]jZgbq_gby  

 EKUXVIP 3%H[WUHPHUXVV$+$

?fzb[g`mie

Für Leerseiten: Notiz

OLQNV

 EKUXVIP 3%H[WUHPHUXVV$+$

?fzb[g`mie

Für Leerseiten: Notiz

UHFKWV