!   !        !        !              !        %&(!)*+,%&%+-%!.&*/&01!            2(%-3&*+4-!5%6*7&-%6!!849&0&4%6!"#$#!    ...
!CD09(%!*,!)*+3%+36E!!!                                         !"#$%&!                                ()*!!!             ...
!C)**&K4+03*&L6!M%(-*1%E! !                         !      !      !       !      !      !!N$N!!O3!46!P43Q!/&%03!R(%067&%!3...
! C;-I+*P(%K/%1%+36E! $ )*+,%&%+-%!)**&K4+03*&!                                                            ! B*++4%!D4X%&4...
!C.&*/&0114+/!DQ%1%6!!;&%06E!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!N?N!!                                                      ...
!C:*4+!=6E!!I%)6/.%.)!"(381161C&987$.0&34-4R03%!4+!GN14+73%!(4/Q3+4+/!30(I6!9S!6Q0&4+/!0+!4K%0U!06I4+/!3Q%!07K4%+-%!,*&!0K...
!C)*+,%&%+-%!]-Q%K7(%!9S!c0SE! !!                                                         !          !   !    !      !!NGN...
!!C_*+K0S!^!#"T#$U!!(,)*&&$Z*&;*8BE!                                 !                           74$6%/6*(/*,!         "%4...
!    !      !!!!!!!!!!   !   !          !     !      !        !     !        !        !         NuN!                      ...
!!CD7%6K0S!^!#"T#"U!!(,)*&&$Z*&;*8BE!                                      !                                74$6%/6*(/*,! ...
!                                                                               !!NrN!CM%K+%6K0S!^!#"T#?U!C&*0;$Z*&;*8BE! ...
!!!!C.&%6%+3034*+6!9S!D&0-IE!l!RLF!!_ h<T ! ?m$G ! N ! Fm?G ._! !I>CE$E.++)//Y$_8*A8*9`/$IX?)*0)+)$HB?3)B),0;$89$F/0;$8$I>...
!!!C.&%6%+3034*+6!9S!D&0-I!-*+3TE!!                                                !         !         !         !        ...
!!C.&%6%+3034*+6!9S!D&0-I!-*+3TE!!!M2c T ! $#mG# ! N ! $$m?G ;_!! !IVG&&=/$&$8$>&33$O$"6)$F0A)*/0,7$&($!38:8B8$<0:*8*0)/$F...
!!C.&%6%+3034*+6!9S!D&0-I!-*+3TE!!                                                 !          !         !         !       ...
!                                                                                                                         ...
!!C.&%6%+3034*+6!9S!D&0-I!-*+3TE!!                                                  !         !         !!!!!!!!!!!!!N$GN!...
!!C.&%6%+3034*+6!9S!D&0-I!-*+3TE!!!M2c T ! rm"G ! N ! $#m"G ;_! !>)+&BB)98,0&/$89$,6)$<0:*8*7$$G*//%*!I()(&*M!RP!I%D,%1!]%...
!       !       F=!G#/*1!;!H-*(1! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!                       !                             ...
!    !                                  !                              !              !                       !           ...
Nächste SlideShare
Wird geladen in …5
×

ER&L 2010 Program

261 Aufrufe

Veröffentlicht am

0 Kommentare
0 Gefällt mir
Statistik
Notizen
  • Als Erste(r) kommentieren

  • Gehören Sie zu den Ersten, denen das gefällt!

Keine Downloads
Aufrufe
Aufrufe insgesamt
261
Auf SlideShare
0
Aus Einbettungen
0
Anzahl an Einbettungen
2
Aktionen
Geteilt
0
Downloads
0
Kommentare
0
Gefällt mir
0
Einbettungen 0
Keine Einbettungen

Keine Notizen für die Folie

ER&L 2010 Program

  1. 1. ! ! ! ! ! %&(!)*+,%&%+-%!.&*/&01! 2(%-3&*+4-!5%6*7&-%6!!849&0&4%6!"#$#! !"#"$%&()*)+)$%),)*$-$!./,01$"2$! ! "#$#! :;<=;5>!?$!@!A2B5=;5>!?!
  2. 2. !CD09(%!*,!)*+3%+36E!!! !"#$%&! ()*!!! !+##,-%.(/#,01!2*3&#4*! ! $!!!!!!! !5%)63%)6/1!! $!! !7&8.#93*-)*4*./1! "!! !:$#.1#,!7&8.#93*-)*4*./1! "!! !!,#),(4!"6*4*1!;!7,*(1! ?!! !<*=.#/*!:$*(8*,! ?!! !>#%.!?1@! F!! !,*A+#.B*,*.&*!:&6*-C3*! F!! !+#.B*,*.&*!:&6*-C3*!D=!E(=! G!! !,*1*./(/%#.1!D=!",(&8! $#!! !F=!G#/*1!;!H-*(1! $H!! !*,;3!:$#.1#,!I%1/%.)! 90-I!-*J%&!$ $!
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`!.%&&SN)0630a%K0!849&0&S!!!_*+K0S!#"T#$!^!2*3&#4*!;!<*=.#/*!:*11%#.U!bT?#;_!`!;1RQ43Q%03%&!"#F!!!!!!!!!!!!!!! !!!I%)6/.%.)!"(381U!$T?G._!`!;1RQ43Q%03%&!"#F!!!!!!!!!!!!!!!!!!!!!!!!!! !!!:$#.1#,10!L*&*$/%#.U!GT?#._!!`!D%X06!c4+4+/!5**1!! ! !!!!D7%6K0S!#"T#"!^!L#C.-/(D3*1U!$TFG._!`!;((!5**16!! !!!!E%.*!7,#C.-1M!c4++%&341%!C]4/+!7R!`!5%/463&034*+E! !!!!!M%K+%6K0S!#"T#?!^!+3#1%.)!:*11%#.U!$$T?G;_!`!;1RQ43Q%03%&!"#F!!!
  4. 4. ! C;-I+*P(%K/%1%+36E! $ )*+,%&%+-%!)**&K4+03*&! ! B*++4%!D4X%&4+0U!258!)*+,%&%+-%!)**&K4+03*&U!=)8;! ]R*+6*&6Q4R!)*11433%%! ! C8*08$%&330/1$D%EF$<0:*8*0)/$$ 8*-0(!8*/4634-6!)**&K4+03*&! >0,8$G$G8389891$CHDH"I2$$ :4((!21%&SU!=+4J%&643S!*,!D%V06U!;7634+! J8+K.)30)$E8B?3)/1$D%EF$<0:*8*0)/$ ! L88$M83=)*1$F0A)*/0,7$&($N)&*;08$! .&*/&01!.(0++4+/!)*11433%%! !! 2(4d09%3Q!M4+3%&U!e%*&/40!O+634373%!*,!D%-Q+*(*/S!! _0&I%34+/!!.&*1*34*+!)*11433%%! ;++%33%!B04(%SU!<%P10+!849&0&SU!f4&/4+40!D%-Q!! _4-Q%(4+%!M%63,0((U!=+4J%&643S!*,!D%++%66%%U!g+*VJ4((%!! :4((!21%&SU!=+4J%&643S!*,!D%V06U!;7634+!! ;94/04(!B*&K%07VU![0&J0&K!=+4J%&643S!! gS&4((%!e*(K9%-IU!f4&/4+40!D%-Q!! e0S(%!B0I%&U!=+4J%&643S!*,!D%++%66%%!849&0&4%6! _0&4+0!h(4J%&U!D%V06!D%-Q!=+4JT!849&0&4%6!! B0&90&0!B(711%&U!)%+3%&!,*&!)*1R734+/!]-4%+-%6!! M%+KS!5*9%&36*+U!DQ%!=+4J%&643S!*,!O*P0!! )(4+3!)Q019%&(04+U!=+4J%&643S!*,!D%V06U!;7634+!! B*++4%!D4X%&4+0U!258!)*+,%&%+-%!)**&K4+03*&U!=)8;!! g%((S!]143QU!2063%&+!g%+37-IS!=+4J%&643S!! ! ! .&%N)*+,%&%+-%!.&*/&01!.(0++4+/! ]-Q*(0&6Q4R6!)*11433%%! i0+!;&-QU!]30+,*&K!=+4J%&643S!849&0&4%6!! ;+/%(0!54//4*U!=)8;!! ! [%(%+!;4%((*U!M%6(%S0+!=+4J%&643S! 8*-0(!8*/4634-6!)*11433%%! ;+K&%0!O1&%U!]*73Q%&+!O((4+*46!=+4J%&643S!N!)0&9*+K0(%!! :4((!21%&SU!=+4J%&643S!*,!D%V06U!;7634+!! ! )(4+3!)Q019%&(04+U!=+4J%&643S!*,!D%V06U!;7634+!! h+(4+%!2K7-034*+0(!)*+3%+3!)*11433%%! ;(46Q0!j70/(40+0U!=+4J%&643S!*,!D%V06U!;7634+!! B*++4%!D4X%&4+0U!258!)*+,%&%+-%!)**&K4+03*&U!=)8;!! ! 50+34!:7+76U!_4-Q4/0+!]303%!=+4J%&643S!849&0&4%6!! M%9!)*11433%%! ;++%!_43-Q%((U!=+4J%&643S!*,![*763*+!! 50+34!:7+76U!_4-Q4/0+!]303%!=+4J%&643S!849&0&4%6!! )Q&4634+%!2!5S0+U!=+4J%&643S!*,!D%++%66%%!03!)Q0330+**/0!! g%((S!]143QU!2063%&+!g%+37-IS! 8460!]49%&3U!=+4J%&643S!*,!)0(4,*&+40U!O&J4+%! =+4J%&643S! ! ! .&*/&01!c%64/+! ! ]0+KS!D4X%&4+0! )*#3$A&3.,))*$$$$ ! ! g%S!]7RR*&3!0(6*!R&*J4K%K!9S! )((&*,/$89$/?&/&*$ ! =DN;7634+!849&0&S!]30,, /.??&*,$=))?$,60/$ !+&()*)+)$*)3)A8,1$ 0A0;&*8,)9$89$ C]R*+6*&!;-I+*P(%K/%1%+36E! 0B?&*,8,$ ! ]4(J%&N(%J%(!]R*+6*&6! h)8)! ;1%&4-0+!O+634373%!*,!.QS64-6! .&*X%-3!_76%k:*Q+6![*RI4+6! ! ;++70(!5%J4%P6! =+4J%&643S!.&%66! N#3-A3*O*3!:$#.1#,1! )*7336! .&*W7%63! 5*-I%,%((%&!=+4J%&643S!.&%66! c%!e&7S3%&! 296-*! %9&0&S! ]R&4+/%&! .0(/&0J%!_0-14((0+! 2(6%J4%&! >B.!849&0&S!]%&J4-%6! ! ]%&40(6!]*(734*+6! 21%&0(K! 2V!849&46! B&*+d%N(%J%(!]R*+6*&6! ! [TMT!M4(6*+!)*1R0+S! c5;_k<%P!M*&(K!5%-*&K6! ! [0&&066*P43d! 2+-S-(*R0%K40!B&430++4-0!O+-T! ! O222! O++*J034J%!O+3%&,0-%6U!O+-T! ! ! !$J&0$./$O$,6)$,-.#/.)/012**-+&.#31C&P$5PQRSTPQR4531")U8/$L00;$>&&B$!! ! ! ! ! ! !
  5. 5. !C.&*/&0114+/!DQ%1%6!!;&%06E!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!N?N!! !! l!,*A+#.B*,*.&*!! !Q!*J##81!!! Q!RLF! $[$:/(/%1/%&1!;! !!!!!!711*114*./$!! Q!F(.()%.)!RL1! !l!RL!E*3%O*,=!;! ! !!!!!!,#4#/%#.! ! Q!:/(.-(,-1! !l!:&6#3(,3=! ! !!!!!!+#44C.%&(/%#.! ! Q!+#33(D#,(/%#.!! !l!R4*,)%.)!;!!!! ! ! !!!!!!SC/C,*! ! !!!!!!"*&6.#3#)%*1!! Q!+#33*&/%#.!!!!!!!!!!!! ! !!!!!E*O*3#$4*./!! !!Cg%S+*3%!]R%0I%&E!!$<0:*8*08/$0$,6)$M039Y$"60=0;$!:&.,$E)+.*0,71$Z*0A8+71$89$$L0;0,83$H(&*B8,0&$$I(.&*!5(=-*.M!:&6##3!#B!H.B#,4(/%#.M!?.%O*,1%/=!#B!"*P(1! !! ! ! ! IA)*7$ 7)8*1$ &.*$ =)7&,)$ /?)8=)*$ +6833);)/$ &.*$ ,60=0;$ 89$ /),/$ ,6)$ ,&)$ (&*$ ,6)$ ?*&9.+,0A)$ 89$ 0,)*)/,0;$ QV987$ +&()*)+)$ W)$ )X?)+,$ (*&B$ )*#3P$ "60/$7)8*$0/$&$)X+)?,0&P$ A*&! +%0&(S! 3P%+3S! S%0&6U! _&T! [0SK%+! Q06! P*&I%K! ,*&! *&/0+4d034*+6! &0+/4+/!,&*1!3Q%!)O;!3*!3%-Q+*(*/S!0+K!-*+67(34+/!-*1R0+4%6T![%!Q06! 0! .Qc! ,&*1! =D! ;7634+L6! ]-Q**(! *,! O+,*&1034*+T! _&T! [0SK%+! P*&I6! %V3%+64J%(S!4+!4+,*&1034*+!6%-7&43S!0+K!R&4J0-ST! !!
  6. 6. !C:*4+!=6E!!I%)6/.%.)!"(381161C&987$.0&34-4R03%!4+!GN14+73%!(4/Q3+4+/!30(I6!9S!6Q0&4+/!0+!4K%0U!06I4+/!3Q%!07K4%+-%!,*&!0KJ4-%U!(**I4+/!,*&!&%6%0&-Q!R0&3+%&6U!*&!Q4/Q(4/Q34+/!0!67--%66,7(!R&*X%-3T!!!"#"$%&()*)+)$%),)*1$>&&B$R4$! )*#3$R]R$$$$$$$L#C.-/(D3*1161".)/987$ 0+3.9)/$B87$_%%3!P43Q!-*((%0/7%6!3*!K46-766!3*R4-6!*,!4+3%&%63U!(%K!9S!R&%6%+3%&6!0+K!-*+,%&%+-%!R(0++%&6T!!"#"$%&()*)+)$%),)*1$>&&B/$R41$RQ1$]R41$]R5$! &??&*,.0,0)/$,&$!E%.*!7,#C.-1161".)/987$ /68*)$09)8/$89$f4643!3Q%!5%/463&034*+!0&%0!3*!64/+!7R!3*!/*!3*!3&S!*73!0!/&%03!;7634+!&%6307&0+3!0+K!1%%3!*3Q%&!033%+K%%6T!O3!46!0!/&%03!P0S!3*!+%3P*&I!0+K!S*7L((! +&)+,$W0,6$&,6)*$Q0J%!,7+!! 30:*8*08/$"9%//*,161!33$M))=!A*((*P!76!*+!DP433%&!3Q&*7/Q*73!3Q%!-*+,%&%+-%!764+/!Z%&($#T!MQ%+!S*7!3P%%3!S*7&!3Q*7/Q36!*+!%&(U!R(%06%!9%!67&%!3*!4+-(7K%!*7&!Q06Q30/m!T*,3UV!!!+3#1%.)!:*11%#.161M)9)/987!c*+L3!(%0J%!%&(!P43Q*73!033%+K4+/!3Q%!-(*64+/!6%664*+!%+343(%K!nMQ%&%!0&%!P%!Q%0K%Ko!D**(6!!D%-Q+*(*/4%6!,*&!3Q%!,737&%Tp!!DQ46!6%664*+!6%+K6!76!*,,!P43Q!0!-Q0((%+/4+/!K46-*7&6%!!09*73!3Q%!,737&%T!!!C)*+,%&%+-%!]-Q%K7(%!@!.&%N)*+,%&%+-%!.&*/&01qE!! !!!!!!C]7+K0S!^!#$T?$E! ! ! ! ?"!I%D,(,=!! ?"!I%D,(,=!! "%4*! +I!UWUXY! +I!UWZZ[! bT##!^!$"T##! l_0&I%34+/!2N ^^^! 5%6*7&-%6! ]7--%66,7((S! ! $"T##!^!$T##! 8=<)[! ! l.&*-%664+/U! l)7&&%+3! ]3*&4+/!0+K! c4(%1106!4+! $T##!^!GT##! ! f4%P4+/!=6%!c030! O+,*&1034*+! 23Q4-6m!)Q0+/4+/! 57(%6!*,!3Q%! $$$ e01%! ^8990,0&83$*);0/,*8,0&$())$*)K.0*)9$(&*$E.987$?*&;*8B$!
  7. 7. !C)*+,%&%+-%!]-Q%K7(%!9S!c0SE! !! ! ! ! ! !!NGN!C_*+K0S!^!#"T#$U!_*&+4+/!.&*/&01E! ! 74$6%/6*(/*,! "%4*! L##4!XVZ! L##4!UV! XVY! ! ! M%(-*1%!! bT?#!^!rTFG! ^^^! ^^^! g%S+*3%! ! [=60/%! l DQ%!<O]h! ! lO10/%6U! ]3034634-6!,*&!2N 25_!c030! 5%J4%P6U!D0/6!0+K! 5%6*7&-%6!N!O6!;((! ]30+K0&K6!0+K! 5%-*11%+K034*+6m! DQ03!c030! B%63!.&0-34-%6! c*!2+Q0+-%K! rTGG!^!$#TF#! _%0+4+/,7(o! 5%J4%P! )*+3%+36!0+K!=6%&! ! )*+3&4973%K! )*+3%+36!O1R&*J%! ;--%66!3*!849&0&S! 5%6*7&-%6!4+!0+! ;-0K%14-!849&0&So! !! ! ! ! $#TF#!^!$$T#G! B52;g! ! ! "M%YJ%!e*3! l;!]37KS!*,! lO++*J034J%! c030!N!<*P!MQ03! 84-%+6%!D%&16! D**(6!,*&!;--%66m! c*!M%!c*!P43Q!O3o! ,*&!2(%-3&*+4-! 2+Q0+-4+/!c4/430(! $$T#G!^!$"T#G! ;RR(S4+/!j70(43S! 5%6*7&-%6! )*((%-34*+6!P43Q! ]30+K0&K6!3*! _0+0/%1%+3! 21%&/4+/! ;66%66! D%-Q+*(*/4%6! O+,*&1034*+! ! 5%6*7&-%6! ! ! ! $"T#G!^!$T?G! 8=<)[! !!! !!
  8. 8. !!C_*+K0S!^!#"T#$U!!(,)*&&$Z*&;*8BE! ! 74$6%/6*(/*,! "%4*! L##4!XVZ! L##4!UV! XVY! ! ! $T?G!^!"T#G! 84/Q3+4+/!D0(I6! ^^^! ^^^! ! "2(%-3&*+4-! le&0K703%! l_0&I%34+/!hR%+! ;--%66!0+K! ]37K%+36Y! ;--%66!3*!2J%&S*+%! 5%6%0&-Q! .%&-%R34*+6!*,! 2,,4-4%+-4%6!N! A%K%&03%K! "T$G!^!?T##! ]*1%!.&%(414+0&S! ]%0&-Q4+/! A4+K4+/6!,&*1!3Q%! =+4J%&643S!*,! D%++%66%%! 849&0&SY6!5%37&+! *+!O+J%631%+3! s5hOt!;+0(S646! ! ! ! ?T##!^!?T$G! B52;g! l25_]!]7--%66m! lO+6343734*+0(! lDQ%!DQ4&K![%03m! [0&J0&KY6! OK%+34,4%&! A0-7(3SU!c4/430(! ?T$G!^!FT?G! 2VR%&4%+-%! ]30+K0&K!N!>%6U! 5%R*643*&4%6U!0+K! O1R(%1%+34+/!0+K! M%!<%%K!43! =+7670(!B4363&%016! =64+/!0+!25_! ]S63%1! l5%K7+K0+3! lA4+K4+/!DQ%4&! l.&*1*34+/!=6%! :*7&+0(!;--%66m! M0Sm!2(%-3&*+4-! *,!2(%-3&*+4-! MQS!.0S!_*&%! 5%6*7&-%6! 5%6*7&-%6!4+! FTFG!^!GT?#! 3Q0+!h+-%o! 849&0&40+6Y! 849&0&4%6!*,! 2K7-034*+U! B0+/(0K%6Qm!;! D&04+4+/U!0+K! c%J%(*R4+/! )*117+43S! )*7+3&S! .%&6R%-34J%! ! GT?#!^!uT?#! ].h<]h5]L!52)2.DOh<!!
  9. 9. ! ! !!!!!!!!!! ! ! ! ! ! ! ! ! ! NuN! !!!!CD7%6K0S!^!#"T#"U!C&*0;$Z*&;*8BE! ! 74$6%/6*(/*,! "%4*! L##4!XVZ! L##4!UV! XVY! ! l849&0&S!06! lc4//4+/!,*&! [.03&*+Nc&4J%+! .79(46Q%&! B7&4%K!D&%067&%m! ]%(%-34*+!*,! bT?#!^!rT?#! ]3&03%/4%6!,*&! %B**I6m!DQ&%%! .&*1*34+/! .%&6R%-34J%6!*+!0+! O+6343734*+0(! 21%&/4+/!_*K%(! 5%R*643*&4%6! ,*&!;-W746434*+6! ! le**/(%]P%%3m! l2VR*64+/! "B%S*+K!8*/N*+6! 8%J%&0/4+/! 849&0&S!)*+3%+3! 0+K!c*P+(*0K6m! rTF#!^!$#T"G! ! e**/(%Y6!A&%%! P43Q!3Q%!<O]h! _%0+4+/,7(! ]743%!*,! _%306%0&-Q!i_8! _%067&%6!*,!2N 5%6*7&-%6! e03%P0S! 5%6*7&-%!=6%! .&*3*-*(! ! ! ! $#T"G!^!$#TFG! ! B52;g! lA*63%&4+/! l;KJ%+37&%6!03! ";//&0J034*+!0+K! 8%0&+4+/!0+K! 3Q%!;&34-(%!8%J%(! ;//&%/034*+m!;! $#TFG!^!$$T?#! D%-Q+*(*/S! ]P%%3!]3*&S!;9*73! c%J%(*R1%+3!4+! ]3034634-6! D%-Q+4-0(! ]%&J4-%6! "]%&40(6! lM%YJ%!e*3! l2N9**I! $$TF#!^!$"T"G! ;66%661%+3! O667%6m!O667%! _;5)%34+/m![*P! )*1%6!*,!;/%! D&0-I4+/!0+K! c*!>*7&!2N9**I6! M*&I,(*P!4+!3Q%! 8**Io! c4/430(!849&0&S! ! ! $"T"G!^!$TFG! 8=<)[! ! !! !!
  10. 10. !!CD7%6K0S!^!#"T#"U!!(,)*&&$Z*&;*8BE! ! 74$6%/6*(/*,! "%4*! L##4!XVZ! L##4!UV! XVY! ! ! $TFG!^!"T?#! 5*7+K309(%6! l)0+!M%!B74(K! l]3%R!54/Q3! "]7&J4J4+/! O3o!>%6!M%!)0+! =Rm!.(0++4+/U! B7K/%3!5%K7-34*+6! B74(K4+/!0!)763*1! .43,0((6U!0+K! 0+K!]*(J4+/!]R0-%! "TF#!^!?T"G! 25_!]*(734*+!03! .%&,*&10+-%!*,! .&*9(%16!9S!=64+/! 3Q%!=+4J%&643S!*,! 0+!2N5%6*7&-%6! 2(%-3&*+4-N;--%66! <*3&%!c01%! A04&! ]3&03%/4%6m!DQ%! )06%!03!=<)! e&%%+69*&*! ! ! ! ?T"G!^!?TFG! B52;g! ! ")*1R0&46*+! lD&0+6R0&%+3! l5%1%19%&! )*1R(%V434%6m!DQ%! 0+K!]-0(09(%! DQ&%%!M%%I6!;/*! ?TFG!^!FT?#! )Q0((%+/%6!*,! hR%+=58!j70(43S! MQ%+!>*7!)*7(K+Y3! ;73*1034+/!)*63N _%3&4-6! ;--%66TTTo! R%&N=6%!c030! _0+0/%1%+3! l]-0(4+/! lc030!)(%0+7Rm! l)*((09*&034+/! h&/0+4d034*+0(! O6!DQ%&%!0!B%33%&! P43Q!OD!3*!c%(4J%&! )0R0-43S!3*!_%%3! M0So! 2N5%6%&J%6!=64+/! FTF#!^!GT"G! 2N5%6*7&-%6! c&7R0(!0+K!v*3%&*! <%%K6m!)%+3&0(4d%! *&!c%-%+3&0(4d%o!!! !!
  11. 11. ! !!NrN!CM%K+%6K0S!^!#"T#?U!C&*0;$Z*&;*8BE! ! 74$6%/6*(/*,! "%4*! L##4!XVZ! L##4!UV! XVY! ! l[0&J%634+/!,&*1! "c%J%(*R4+/!0! l2+-*7&0/%!*&! _0+S!]4(*6!03!M%9N _%3Q*K*(*/S!,*&! O+Q4943o!;+! bT?#!^!rT$G! ]-0(%!_0I%6! 2J0(7034+/!3Q%! 2V014+034*+!*,! %)*+3%+3!D&7(S! )*63N O+6343734*+0(! c46-*J%&09(%! 2,,%-34J%+%66!*,! )*RS&4/Q3! :*7&+0(! .*(4-4%6! .0-I0/%6! l5%-*11%+K034*+6! l2J0(7034+/! l2NB**I! 0+K!3Q%!849&0&S! 0+K!_0&I%34+/! _0+0/%1%+3!NN!O3! 2(%-3&*+4-! ]*7+K6!]%&40(! rT"G!^!$#T"G! 5%6*7&-%6m! MQ03!0&%!>*7! q5%0((Sq!c*4+/! 3*!.&*1*3%! >*7&!2(%-3&*+4-! 5%6*7&-%6o! ! ! ! $#T"G!^!$#TG#! ! B52;g! l2NB**I6!*+!0!5*((! l84J4+/!*+!3Q%! lMQ%&%![0J%! `!DQ%!=+4J%&643S!*,! B(%%K4+/!2K/%! ;((!3Q%!.&4+3! $#TG#!^!$$T?G! ;(09010!849&0&4%6! *,!)*((%-34*+! X*7&+0(6!e*+%o! c%J%(*R1%+3! ;K0R34+/!.&4+3! )*((%-34*+6!3*!0+! 2N-%+3&4-!M*&(K! ! )(*64+/!!.0+%(m! ! ! MQ%&%!;&%!M%! ^^^! ^^^! $$T?G!^!$"T?G! [%0K%Ko!D**(6!! D%-Q+*(*/4%6!,*&!3Q%! A737&%!!!
  12. 12. !!!!C.&%6%+3034*+6!9S!D&0-IE!l!RLF!!_ h<T ! ?m$G ! N ! Fm?G ._! !I>CE$E.++)//Y$_8*A8*9`/$IX?)*0)+)$HB?3)B),0;$89$F/0;$8$I>C$E7/,)B$7D%)(%3!J#,-*(CPM!5(,O(,-!?.%O*,1%/=!![0&J0&K!=+4J%&643S!14/&03%K!,&*1!0!(*-0(!%(%-3&*+4-!&%6*7&-%!10+0/%1%+3!6S63%1!3*!0!J%+K%K!25_]!4+!:7(S!"##rT!DQ46!R&%6%+3034*+!P4((!K46-766![0&J0&KY6!41R(%1%+3034*+!*,!3Q%!+%P!6S63%1U!,0-3*&6!3Q03!(%K!3*!0!67--%66,7(!-*+-(764*+U!0+K!*+/*4+/!P*&I!3*!41R&*J%!0+K!%V3%+K!76%!*,!3Q%!6S63%1T!!$D =2] T ! "mF# ! N ! ?m"G ._ !%8$M)$G.039$H,a$b)/$M)$%8c$G.0390;$8$%./,&B$I>C$E&3.,0&$8,$,6)$F0A)*/0,7$&($D&,*)$L8B)$J*.K(4%.!5**/M!L#D%.!F(3#//M!?.%O*,1%/=!#B!G#/,*!E(4* !DQ%![%697&/Q!849&0&4%6!03!3Q%!=+4J%&643S!*,!<*3&%!c01%!Q0J%!-*11433%K!3*!974(K4+/!0!-763*1!25_!6S63%1!0,3%&!6%J%&0(!S%0&6!*,!4+J%634/034+/!J%+K%K!6*(734*+6T!DQ46!R&%6%+3034*+!P4((!4+-(7K%!3Q%!&%06*+6!,*&!*7&!K%-464*+U!3Q%!0RR&*0-Q!P%!0&%!30I4+/!3*!974(K4+/!0!-763*1!6*(734*+U!0+K!PQS!P%!3Q4+I!3Q46!46!3Q%!9%63!*R34*+!0J04(09(%T!!!D =2] T ! FmF# ! N ! Gm"G ._! !L8,8$%3)8.?Y$H/$"6)*)$8$G),,)*$M87a$$F(,)(,*/!R%3**.!5#)(,/6M!?.%O*,1%/=!#B!+(3%B#,.%(M!L%O*,1%-*!I%D,(,%*11_*J4+/!K030!09*73!(49&0&S!&%6*7&-%6!01*+/!6S63%16!*,3%+!%+/%+K%&6!K030!-(%0+7R!R&*-%66%6T!MQ03!46!3Q%!9%63!P0S!3*!-(%0+!7R!K030o!MQ4-Q!3**(6!0+K!6I4((6!,*&!+*+NR&*/&011%&6!-0+!Q%(Ro!]%%!Q*P!3Q%!=+4J%&643S!*,!)0(4,*&+40U!54J%&64K%!849&0&4%6!30-I(%!3Q46!4667%U!3Q%+!6Q0&%!34R6!0+K!3%-Q+4W7%6!4+!0+!*R%+!,*&71T!!l!F(.()%.)!RL1!!_ h<T ! $$m#G ! N ! $"m#G._ !!$E,.97$&($<0+)/)$")*B/$(&*$I3)+,*&0+$>)/&.*+)/$C88;)B),$F%.)=C!+6*.M!?.%O*,1%/=!#B!5#C1/#.M!>*(..%*!E#9.*=M!R4#,=!?.%O*,1%/=1]%0&-Q%6U!6%664*+6U!0&34-(%!&%W7%636!N!P%!Q0J%!0--%66!3*!K030U!973!PQ03Y6!3Q%!+%V3!63%Ro!8%0&+!Q*P!3Q%!=+4J%&643S!*,!;&4d*+0!849&0&4%6Y!]R%+K4+/!5%K7-34*+6!.&*X%-3!0+0(Sd%K!760/%!*,!K4,,%&%+3!3SR%6!*,!&%6*7&-%6!3*!066%66!3Q%1!0/04+63!W70(43S!630+K0&K6!0+K!10I%!-0+-%((034*+!K%-464*+6T!D**(6U!-Q0((%+/%6!0+K!*&/0+4d034*+0(!0RR&*0-Q%6!P4((!0(6*!9%!K46-766%KT!!!_ h<T ! FmFG ! N ! Gm?# ._! !d090;$"6)0*$M87Y$I3)+,*&0+$>)/&.*+)/$<0:*8*08/`$I9.+8,0&1$"*800;1$89$%&BB.0,7$L(&6*3!7..*!S3*4%.)AF(=M!?.%O*,1%/=!#B!"*..*11**M!>%33!RW!N,#))M!?.%O*,1%/=!#B!73(D(4(![*P!K*!%(%-3&*+4-!&%6*7&-%6!(49&0&40+6!(%0&+!3*!R%&,*&1!3Q%!306I6!+%-%660&S!,*&!3Q%4&!P*&Io!DQ46!R&%6%+3034*+!P4((!K46-766!0!&%-%+3!67&J%S!*,!*J%&!?##!0-0K%14-!%(%-3&*+4-!&%6*7&-%6!(49&0&40+6U!,4+K4+/6!*,!PQ4-Q!10S!41R&*J%!7+K%&630+K4+/!*,!P*&I,(*P!4667%6!0+K!P0S6!3*!41R&*J%!8O]!%K7-034*+!,*&!R&*6R%-34J%!%+3&0+36!4+3*!3Q46!&%(034J%(S!+%PNN973!63%0K4(S!/&*P4+/NN0&%0!*,!(49&0&40+6Q4RT!!!!D =2] T ! $#mFG ! N ! $$m?# ;_!! !d&/,)*0;$<)8*0;$89$")+6&3&;7$L)A)3&?B),$0$")+60+83$E)*A0+)/$>*..%B*,!I*BB3*,M!L%&8!<*,.1M!+(,#3%.*!G#,/#.M!?.%O*,1%/=!#B!G#,/6*,.!+#3#,(-#!O+!3Q46!9(%+K%K!R&%6%+3034*+U!P%!P4((!-*J%&!3P*!K4,,%&%+3!973!&%(03%K!3*R4-6m!DQ%!&%*&/0+4d034*+!*,!D%-Q+4-0(!]%&J4-%6!03!3Q%!=+4J%&643S!*,!<*&3Q%&+!)*(*&0K*!0+K!3Q%!(07+-Q!*,!0!Q*1%/&*P+!_]!;--%66!0RR(4-034*+!3*!R&*0-34J%(S!-Q%-I!*7&!%NX*7&+0(!Q*(K4+/6T!O+!"##bU!3Q%!=+4J%&643S!*,!<*&3Q%&+!)*(*&0K*!-&%03%K!0!306I!,*&-%!3*!&%N-*+,4/7&%!D%-Q+4-0(!]%&J4-%6!4+3*!0!+%P!1*K%(T!DQ%!/%+%646!*,!3Q46!K%-464*+!P06!3Q%!0P0&%+%66!3Q03!%(%-3&*+4-!&%6*7&-%6!4+!0((!3Q%4&!J0&4%3S!P%&%!Q%&%!3*!630S!0+K!I+*P(%K/%!09*73!Q*P!3*!0-W74&%U!(4-%+6%U!1*7+3U!104+304+U!0,,*&K!0+K!&%+%P!3Q%6%!&%6*7&-%6!6Q*7(K!+*3!&%64K%!P43Q!0!64+/(%!2N&%6*7&-%!(49&0&40+!973!6Q*7(K!9%!6Q0&%K!0-&*66!3Q%!K%R0&31%+3T!!D =2] T ! $$mF# ! N ! $"m"G ._ !M)`A)$N&,$H//.)/Y$H//.)$"*8+=0;$89$M&*=(3&W$0$,6)$L0;0,83$<0:*8*7$R,%.!"6#4(1M!J%#-%O*,1%/=!5*,%/()*!I%D,(,=M!N,(&*!EC8*M!:4%/61#.%(.!H.1/%/C/%#.!2J%&S*+%!(*J%6!,%%K90-I!973!3**!17-Q!*,!0!/**K!3Q4+/!-0+!&%67(3!4+!-Q0*34-!-*117+4-034*+6!0+K!0!Q0RQ0d0&K!P*&I,(*PT!O+!0!K4/430(!(49&0&SU!3Q%!,%%K90-I!w9733*+w!K*%6+Y3!,4(3%&x!43!-*((%-36!R03&*+!&%6R*+6%!&%/0&K4+/!%J%&S3Q4+/!,&*1!14664+/!R0/%6!P43Q4+!0!R0&34-7(0&!6-0+!3*!3%-Q+4-0(!K4,,4-7(34%6!&%/0&K4+/!3Q%!K%(4J%&S!*,!3Q%!K4/430(!9**IT!DQ%!B4*K4J%&643S![%&430/%!849&0&S!46!41R(%1%+34+/!6*,3P0&%!K%64/+%K!3*!63&%01(4+%!3Q%!R&*-%66%6!4+J*(J%K!4+!-*((%-34+/!0+K!&%6R*+K4+/!3*!R03&*+!,%%K90-IT!!!
  13. 13. !!!C.&%6%+3034*+6!9S!D&0-I!-*+3TE!! ! ! ! ! N$$N!!!D =2] T ! ?mFG ! N ! Fm?# ._! !"*8/?8*),$89$E+838:3)$e?)F><$f.830,7$C),*0+/$7-(4!+6(.-3*,M!+#,.*331c%6-&4R34*+!*,!0!1%3Q*K!,*&!-&%034+/!3&0+6R0&%+3!0+K!6-0(09(%!hR%+=58!W70(43S!1%3&4-6T!DQ46!6S63%1!-*1R0&%6!1%30K030!W70(43S!0-&*66!-*+3%+3!R&*J4K%&6T!DQ%!&%R*&36!-0+!9%!76%K!3*!4+,*&1!0-W746434*+!K%-464*+6!PQ%+!%J0(7034+/!-*+3%+3!R&*J4K%&6!3Q03!*,,%&!hR%+=58!(4+I4+/!,&*1!3Q%4&!643%6!!M2c T ! rm"G ! N ! $#m"G ;_ !IVG&&=$C88;)B),$VV$H,$E&.9/$E)*083c$E(.%!I!L#(&6M!?.%O*,1%/=!#B!:/W!"6#4(1M!+(,#3=.!>!E*IC&(M!?.%O*,1%/=!#B!:/W!"6#4(1!B%S*+K!3Q%!4667%6!*,!Q*P!%N9**I6!0&%!J4%P%K!*&!76%K!9S!R03&*+6U!-Q0((%+/%6!%V463!,*&!3Q%!(49&0&S!630,,!10+0/4+/!3Q%1T!A&*1!0-W746434*+!3*!K%(4J%&SU!3Q46!QS9&4K!10S!9%Q0J%!1*&%!(4I%!0+!%NX*7&+0(!*&!0!K030906%!3Q0+!0!9**IT!2N9**I6!10I%!76!63&%3-Q!%V4634+/!10+0/%1%+3!3**(6!3*!0--*11*K03%!3Q%1T!!!l!:/(.-(,-1!!_ h<T ! rmGG ! N ! $#mF# ;_ !"6)$DHEe$I>C$L8,8$E,898*9/$89$G)/,$Z*8+,0+)/$>)A0)W$$"%4!>*9*33M!?.%O*,1%/=!#B!2(16%.)/#.!2(%-3&*+4-!5%6*7&-%!_0+0/%1%+3!6S63%16!0+K!6%&J4-%6!Q0J%!K%J%(*R%K!&0R4K(S!64+-%!3Q%!c4/430(!849&0&S!A%K%&034*+L6!"##F!R79(4-034*+!*,!3Q%!n25_O!5%R*&3Up!*+!PQ4-Q!17-Q!25_!K%J%(*R1%+3!Q06!9%%+!906%KT![*P%J%&U!10+S!41R(%1%+3034*+U!10+0/%1%+3!0+K!K030!630+K0&K6!4667%6!&%104+U!0+K!<O]h!&%-%+3(S!0RR*4+3%K!0!P*&I4+/!/&*7R!3*!,063!3&0-I!0!w/0R!0+0(S646w!*,!25_N!&%(03%K!K030U!630+K0&K6!0+K!9%63!R&0-34-%6T!DQ46!6%664*+!P4((!&%J4%P!3Q%!R&*X%-3L6!/*0(6!0+K!R(0+6U!0+K!R&*J4K%!*RR*&37+434%6!,*&!033%+K%%6!3*!Q%(R!6Q0R%!436!P*&I!*J%&!3Q%!-*14+/!1*+3Q6T!!_ h<T ! ?m$G ! N ! Fm?G ._ !H/,0,.,0&83$H9),0(0)*$E,898*9$V$b)/1$M)$D))9$0,c$$"%.(!S*%&8M!5(,,(11#9%/]!;,3%&!3P*!67&J%S6!0+K!3&0+60-34*+0(!0+0(S646U!<O]hY6!O"!M*&I4+/!e&*7R!46!&%0KS!3*!1*J%!,*&P0&K!3*!,4+0(4d%!3Q%!1%30K030!&%W74&%K!3*!K%,4+%!3Q%!4K%+34,4%&U!-*+64K%&!*R34*+6!,*&!*3Q%&!4K%+34,4%&!630+K0&K6U!%+67&%!(%/0-S!6S63%16!0&%!0KK&%66%KU!0+K!%VR(*&%!R*6649(%!&%/463&4%6!0+K!104+3%+0+-%!0/%+-4%6T!<%V3!63%R6!,*&!3Q%!4K%+34,4%&!630+K0&K!P4((!9%!K46-766%K!0(*+/!P43Q!3Q%!+%%K!,*&!67RR*&3!,*&!3%634+/!0+K!R(0+6!,*&!41R(%1%+3034*+!P43Q4+!3Q%!%N&%6*7&-%!67RR(S!-Q04+U!4+6343734*+0(!&%R*643*&S!6%-3*&U!0+K!(49&0&S!&%6*7&-%!10+0/%1%+3!sO88tT!!!D =2] T ! rmF# ! N ! $#m"G;_! !IX?&/0;$<0:*8*7$%&,),$W0,6$,6)$DHEe$C),8/)8*+6$2C<$N8,)W87$Z*&,&+&3$R3%](D*/6!N*,4(.M!2%33%(4!5!F%1&6#M!>#16C(!R!J%16#BBM!?.%O*,1%/=!#B!H33%.#%1!DQ%!=+4J%&643S!*,!O((4+*46!76%6!0!(*-0((S!K%J%(*R%K!1%306%0&-Q!6%&J4-%U!w206S!]%0&-QTw!M%!Q0J%!&%-%+3(S!0KK%K!3Q%!094(43S!3*!W7%&S!3Q%!1%306%0&-Q!R&*/&01!06!0!52]D,7(!P%9!6%&J4-%U!0((*P4+/!(49&0&S!-*+3%+3!3*!9%!R&*1*3%K!3*!%V3%&+0(!P%9!R0/%6!67-Q!06!K%R0&31%+30(!P%9!R&%6%+-%6!*&!-*7&6%P0&%T!!l!*J##81!!!D =2] T ! bm?# ! N ! rm?# ;_ !Z8,*&VL*0A)$E)3)+,0&$&($)G&&=/Y$"6*))$Z)*/?)+,0A)/$&$8$IB)*;0;$C&9)3$(&*$!+K.0/0,0&/$I**!5%13*M!+#..*&/%&C/!+#33*)*M!R33*.!:(B3*=M!?.%O*,1%/=!#B!"*P(1!(/!E(33(1M!G(.&=!N%DD1M!EC8*!?.%O*,1%/=!849&0&40+6!03!3Q&%%!K4,,%&%+3!3SR%6!*,!0-0K%14-!(49&0&4%6!P4((!R&*J4K%!R%&6R%-34J%6!*+!3Q%4&!R03&*+NK&4J%+!%9**I!0-W746434*+6!R&*/&016T!DQ%!6Q0&%K!-*((%-34*+!K%J%(*R1%+3!*,!%9**I6!03!3Q%!)DM!)*+6*&3471!s)*++%-34-73!)*((%/%U!D&4+43S!)*((%/%U!M%6(%S0+!=+4J%&643St!P4((!9%!K46-766%K!06!P%((T!O+!3Q%4&!&%10&I6U!R0+%(4636!P4((!K46-766!3Q%!J4&37%6!0+K!6Q*&3-*14+/6!*,!R03&*+NK&4J%+!6%(%-34*+U!3Q%!J%+K*&6k6S63%16!*,,%&4+/!3Q46!0-W746434*+6!*R34*+U!0+K!I%S!4667%6!67&&*7+K4+/!%9**I!0-W746434*+6!/%+%&0((ST!!!!!!!!!
  14. 14. !!C.&%6%+3034*+6!9S!D&0-I!-*+3TE!!!M2c T ! $#mG# ! N ! $$m?G ;_!! !IVG&&=/$&$8$>&33$O$"6)$F0A)*/0,7$&($!38:8B8$<0:*8*0)/$F(.)(3(!<,%16.(4C,/6=M!F%3-,*-!>(&81#.M!J*/6!5#33*=!?.%O*,1%/=!#B!73(D(4(!;!R0+%(!R&%6%+3034*+!*+!2NB**I6!03!3Q%!=+4J%&643S!*,!;(09010!849&0&4%6T!DQ%!.&%6%+3034*+!P4((!&%J*(J%!0&*7+K!6%(%-34*+U!0-W746434*+U!-*((09*&034*+U!R&*1*34*+!*,!%N9**I6T!!l!:/(/%1/%&1!;!711*114*./!_ h<T ! rmGG ! N ! $#mF# ;_ !F/8;)$E,8,0/,0+/$(&*$IV*)/&.*+)/$V$H/$833$,68,$98,8$B)80;(.3a$$>C1/%.!+3(,8*M!5(,,(11#9%/]M!:(33=!LW!<,(16M!:#C/69*1/!L*1*(,&6!H.1/%/C/*M!J*.K(4%.!5**/M!?.%O*,1%/=!#B!G#/,*!E(4*!=60/%!63034634-6!P43Q!-*63!R%&!76%!Q0J%!9%-*1%!0+!41R*&30+3!,0-3*&!4+!%J0(7034+/!0+!%(%-3&*+4-!&%6*7&-%T!DQ46!6%664*+!P4((!-*+64K%&!3Q%!P0S6!3*!/03Q%&!760/%!63034634-6!0+K!0(6*!(**I!03!3Q%!*3Q%&!R*4+36!*,!-*+64K%&034*+6!4+!%N&%6*7&-%!%J0(7034*+T!c46-7664*+!P4((!0(6*!-*J%&!3Q%!J0(7%!*,!760/%!63034634-6!0+K!PQ%3Q%&!P%!0&%!X763!9%4+/!*J%&PQ%(1%K!9S!+719%&6T!!_ h<T ! $$m#G ! N ! $"m#G._! !M)`A)$N&,$L8,8$V$D&W$M68,$L&$M)$L&$W0,6$H,a$!??370;$f.830,7$E,898*9/$,&$!//)//$H(&*B8,0&$>)/&.*+)/$$F(,=!S**.*=M!>%4!F(,/%.M!%.)!:%/CM!?.%O*,1%/=!#B!7,%]#.(!]%0&-Q%6U!6%664*+6U!0&34-(%!&%W7%636!N!P%!Q0J%!0--%66!3*!K030U!973!PQ03Y6!3Q%!+%V3!63%Ro!8%0&+!Q*P!3Q%!=+4J%&643S!*,!;&4d*+0!849&0&4%6Y!]R%+K4+/!5%K7-34*+6!.&*X%-3!0+0(Sd%K!760/%!*,!K4,,%&%+3!3SR%6!*,!&%6*7&-%6!3*!066%66!3Q%1!0/04+63!W70(43S!630+K0&K6!0+K!10I%!-0+-%((034*+!K%-464*+6T!D**(6U!-Q0((%+/%6!0+K!*&/0+4d034*+0(!0RR&*0-Q%6!P4((!0(6*!9%!K46-766%KT!!_ h<T ! "m$G ! N ! ?m## ._ !I3)+,*&0+$!++)//$89$>)/)8*+6$I((0+0)+0)/$V$E&B)$Z*)30B08*7$d090;/$(*&B$,6)$F0A)*/0,7$&($"))//))$<0:*8*7`/$>),.*$&$HA)/,B),$g>eHh$!837/0/$$N(=3*!J(8*,M!<*.!2%1*M!?.%O*,1%/=!#B!"*..*11**!DQ46!R&*X%-3!0KK&%66%6!0-0K%14-!(49&0&40+6Y!/&*P4+/!+%%K!3*!K%1*+63&03%!3Q%!&%37&+!*+!4+J%631%+3!s5hOt!0+K!J0(7%!*,!3Q%!(49&0&S!3*!J0&4*76!630I%Q*(K%&6!*,!3Q%!4+6343734*+!s,0-7(3SU!637K%+36U!R*(4-S!10I%&6U!%3-Tt!0+K!3*!/74K%!(49&0&S!10+0/%1%+3!4+!3Q%!&%K4&%-34*+!*,!(49&0&S!,7+K6!3*!41R*&30+3!R&*K7-36!0+K!6%&J4-%6T!!D =2] T ! rmF# ! N ! $#m"G;_! !G)7&9$<&;V&/$89$L&W3&89/Y$C)80;(.3$C)8/.*)/$&($IV>)/&.*+)$F/)$$L(&6*3!7..*!S3*4%.)AF(=M!?.%O*,1%/=!#B!"*..*11**!;(3Q*7/Q!%,,*&36!(4I%!.&*X%-3!)h=<D25!Q0J%!10K%!63&4K%6!3*P0&K!6S63%1034d4+/!+71%&4-!1%067&%6!*,!K030906%!0--%66U!K*%6!3Q%!K030!630+K0&K4d%K!9S!)h=<D25!&%0((S!Q%(R!(49&0&4%6!7+K%&630+K!wQ*P!3Q%!4+,*&1034*+!3Q%S!97STTT!46!9%4+/!76%Kwo!DQ46!R&%6%+3034*+!P4((!4+3&*K7-%!0!3SR*(*/S!*,!(49&0&S!&%6*7&-%!76%!3Q03!R&*J4K%6!0!,&01%P*&I!,*&!066%664+/!76%!4+!0!1*&%!1%0+4+/,7(!P0ST!!!D =2] T ! $#mFG ! N ! $$m?# ;_! !!;;*8A8,0&$89$!;;*);8,0&Y$!$EW)),$E,&*7$!:&.,$E,8,0/,0+/$$I(C,*.!S(.&6*,M!!?.%O*,1%/=!:=1/*4!#B!N*#,)%(!e;8O82hU!e%*&/40Y6!f4&370(!849&0&SU!Q06!9%%+!-0R37&4+/!760/%!K030!,&*1!436!6S63%1!64+-%!$rrG!0+K!0//&%/034+/!K030!,&*1!J%+K*&6!64+-%!"##"T!DQ%!Q463*&S!*,!e;8O82hY6!%+/0/%1%+3!P43Q!R&*J4K4+/!1%0+4+/,7(!K030!,*&!1%0+4+/,7(!R7&R*6%6!46!,7((!*,!0KJ%+37&%U!Q*R%U!6%3N90-I6U!0+K!*RR*&37+434%6T!8%0&+!Q*P!*+%!-*+6*&340!Q06!9&0J%K!3Q%!41R*6649(%!3*!K%(4J%&!3Q%!0K%W703%U!0+K!Q*R%6!,*&!0!1*&%!0N)h=<D25N09(%!,737&%T!!D =2] T ! $$mF# ! N ! $"m"G ._ !E)*083/$!//)//B),$%&B)/$&($!;)$$:C1(.!N#3-*.M!:*,%(31!:#3C/%#.1M!E%(.*!+(,,#33M!2(16%.)/#.!:/(/*!?.%O*,1%/=M!"%4!>*9*33M!?.%O*,1%/=!#B!2(16%.)/#.!=64+/!K030!3*!-Q0+/%!3Q%!-*+J%&6034*+!P43Q!679X%-3!6%(%-3*&6!0+K!R79(46Q%&6T!!!!!!!!!!
  15. 15. !!C.&%6%+3034*+6!9S!D&0-I!-*+3TE!! ! ! ! ! N$?N!!D =2] T ! "mF# ! N ! ?m"G ._! !E.*A0A0;$G.9;),$>)9.+,0&/$89$E&3A0;$E?8+)$Z*&:3)B/$:7$F/0;$I3)+,*&0+V!++)//$E,*8,);0)/Y$"6)$%8/)$8,$FD%$N*))/:&*&$$:/*$6*.!E*9M!?.%O*,1%/=!#B!G#,/6!+(,#3%.(!(/!N,**.1D#,#!c7&4+/!3Q%!(063!3Q&%%!S%0&6U!3Q%!=+4J%&643S!*,!<*&3Q!)0&*(4+0!03!e&%%+69*&*!Q06!7+K%&30I%+!3Q&%%!6%R0&03%!K%NK7R(4-034*+!R&*X%-36!3Q03!4+J*(J%K!3Q%!K%N6%(%-34*+!*,!&%6*7&-%6!906%K!*+!3Q%4&!0J04(094(43S!3Q&*7/Q!-%&304+!1%3Q*K6!*,!%(%-3&*+4-!0--%66T!DQ46!R&%6%+3034*+!P4((!-*J%&!-&43%&40U!R&4*&434%6U!0+K!R&*-%K7&%6!76%K!4+!R(0++4+/!0+K!%V%-734+/!3Q%6%!3Q&%%!R&*X%-36T!!D =2] T ! ?mFG ! N ! Fm?# ._! !%&B?8*0/&$%&B?3)X0,0)/Y$"6)$%6833);)/$&($!.,&B8,0;$%&/,V?)*VF/)$L8,8$C88;)B),$$>*11*!<#*..*&8*M!J%33!<(,(M!+#,.*33!?.%O*,1%/=!)*&+%((!=+4J%&643S!Q06!Q0K!14V%K!&%67(36!*9304+4+/!0--7&03%!-*63NR%&!76%!K030!,*&!%NX*7&+0(6T!O+!10+S!-06%6U!43!46!0!641R(%!,%03!*,!-*1R0&4+/!3Q%!6796-&4R34*+!-*63!3*!3Q%!)h=<D25!-*1R(40+3!760/%!K030U!973!06!P%!(**I!K%%R%&U!0+K!P%!-*+34+7%!3*!033%1R3!3*!073*103%!3Q46!R&*-%66!06!17-Q!06!R*6649(%U!P%!7+-*J%&!-*1R(%V434%6!3Q03!10I%!3Q46!0!-*+64K%&09(%!-Q0((%+/%T!M%!P4((!6Q0&%!*7&!%VR%&4%+-%6!0+K!Q%(R!033%+K%%6!3*!9%33%&!7+K%&630+K!3Q%!-*1R(%V434%6!4+J*(J%KT!!M2c T ! bm?# ! N ! rm$G ;_ !L)A)3&?0;$8$C),6&9&3&;7$(&*$IA83.8,0;$,6)$%&/,V)(()+,0A))//$&($J&.*83$Z8+=8;)/$$G%1(!J(88(3D(1%M!^(3*!?.%O*,1%/=!I%D,(,=!DQ%!R7&R*6%!*,!3Q46!R&%6%+3034*+!46!3*!6Q0&%!*7&!%VR%&4%+-%!4+!K%J%(*R4+/!0!1%3Q*K*(*/S!,*&!%J0(7034+/!3Q%!-*63!%,,%-34J%+%66!*,!X*7&+0(!R0-I0/%6T!DQ%!R&%6%+3034*+!0KK&%66%6!0!+719%&!*,!41R*&30+3!4667%6!0+K!R&*J4K%6!9%63!R&0-34-%6!3Q03!6Q*7(K!9%!,*((*P%K!K7&4+/!0!&%J4%PT!;+0(Sd4+/!760/%!63034634-6!K030U!-*636!R%&!6796-&49%K!0+K!7+6796-&49%K!343(%6U!76%!*,!6796-&49%K!0+K!7+6796-&49%K!343(%6!P4((!9%!K46-766%KT!.&0-34-0(!/74K0+-%!4+!K%1*+63&034+/!3Q%!J0(7%U!*&!(0-I!*,!J0(7%U!*,!0!K%0(!P4((!9%!R&*J4K%KT!!l!RL!E*3%O*,=!;!,#4#/%#.!!_ h<T ! "m$G ! N ! ?m## ._! !N*89.8,)$E,.9),/`$Z)*+)?,0&/$&($d)9)*8,)9$E)8*+60;$$:(,(6!J(8*,M!73%1(!N#.](3*]M!G*9!F*P%&#!:/(/*!?.%O*,1%/=!O,!S*7!974(K!43U!3Q%S!P4((!-*1%U!973!P4((!0!,%K%&03%K!6%0&-Q!Q%(R!637K%+36!,4+K!3Q%!4+,*&1034*+!3Q%S!+%%Ko!O+!3Q46!R&%6%+3034*+!P%!P4((!K46-766!,%K%&03%K!6%0&-Q4+/!0,3%&!3Q%!41R(%1%+3034*+!Q*+%S1**+!46!*J%&U!3*!6%%!Q*P!/&0K703%!637K%+36!76%!3Q46!3**(!0+K!PQ03!-*+-(764*+6!P%!-0+!K&0P!,&*1!3Q%4&!%VR%&4%+-%6T!!_ h<T ! FmFG ! N ! Gm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mF# ! N ! $"m"G ._ !IV:&&=$C!>%),0;Y$_&W$L&$b&.*$IV:&&=/$<&&=a$$R3%](D*/6!J(DD%//M!E#,(3=.!L#114(..M!74=!S#1/*,M!F#./(.(!:/(/*!?.%O*,1%/=!DQ%!/&*P4+/!%N9**I!10&I%3!&046%6!W7%634*+6!&%/0&K4+/!0--%66T!_0+S!(49&0&4%6!76%!3Q%4&!-030(*/6!06!0!-*+K743!3*!%N9**I6!9%-076%!*,!76%&!%VR%-3034*+6!0+K!9%-076%!J%+K*&6!*,,%&!,&%%!_;5)!&%-*&K6T!DQ46!R&%6%+3034*+!%VR(*&%6!3Q%!-Q0((%+/%6!066*-403%K!P43Q!3Q%6%!&%-*&K6!4+-(7K4+/!4+,*&1034*+!W70(43SU!76%&!%VR%-3034*+6U!0+K!-030(*/4+/!P*&I(*0KT!;!-Q%-I(463!&%/0&K4+/!3Q%6%!4667%6!46!R&*J4K%KT!!D =2] T ! "mF# ! N ! ?m"G ._ !E,)?$>0;6,$F?cY$Z380;1$Z0,(833/1$89$Z)*(&*B8+)$&($8$IV>)/&.*+)/$d80*$$G#*33*!F(,%*!R)(.M!G(.&=!N!R()(.M!E,*P*3!?.%O*,1%/=!8%0&+!3Q%!R&*-%66!0+K!%J0(7034*+!1%3Q*K6!*,!Q*(K4+/!0+!%J%+3!3*!&046%!0P0&%+%66!*,!2(%-3&*+4-!5%6*7&-%6!0J04(09(%!3Q&*7/Q!S*7&!(49&0&ST!!!!!!!!!!!
  16. 16. ! !C.&%6%+3034*+6!9S!D&0-I!-*+3TE!!!M2c T ! rm"G ! N ! $#m"G ;_ !IA83.8,0;$89$C8*=),0;$I3)+,*&0+$>)/&.*+)/Y$M68,$8*)$b&.$^>)8337^$L&0;$,&$Z*&B&,)$7&.*$I3)+,*&0+$>)/&.*+)/a$$F(,%*!<*..*-=M!I#=#3(!F(,=4#C./!?.%O*,1%/=M!>%(!F%M!"6*!+#33*)*!#B!G*9!>*,1*=!MQ03!0&%!(49&0&4%6!K*4+/!3*!R&*1*3%!3Q%!76%!*,!%(%-3&*+4-!&%6*7&-%6o!DQ46!-*194+%K!6%664*+!P4((!76%!0!3Q*&*7/Q!(43%&037&%!&%J4%P!0+K!0!6S63%1034-!R(0+!3*!4K%+34,S!PQ4-Q!0&%!3Q%!1*63!-*11*+(S!76%K!3%-Q+4W7%6!0+K!10&I%34+/!63&03%/SU!0+K!R&*R*6%!0!6743%!*,!1%3Q*K6!,*&!%J0(7034+/!0+K!10&I%34+/!%(%-3&*+4-!&%,%&%+-%!&%6*7&-%6T!l!:&6#3(,3=!+#44C.%&(/%#.!!!_ h<T ! $$m#G ! N ! $"m#G._! !H&A8,0A)$"&&3/$(&*$!++)//Y$I68+0;$L0;0,83$%&33)+,0&/$W0,6$IB)*;0;$")+6&3&;0)/$$+(,#3=.!S!LC.=#.M!74(.-(!7!5C,B#,-M!J(33!:/(/*!?.%O*,1%/=!O1R(%1%+3034*+!*,!%1%&/4+/!3%-Q+*(*/4%6!0+K!4+3%&0-34J%!76%&!4+3%&,0-%6!/%+%&03%6!K4/430(!-*((%-34*+6!3Q03!0RR%0(!3*!4+-&%064+/(S!3%-Q+*(*/4-0((S!60JJS!&%6%0&-Q%&6T!DQ46!R&%6%+3034*+!P4((!R&%6%+3!0+!*J%&J4%P!*,!%1%&/4+/!3%-Q+*(*/4%6!4+-*&R*&03%K!4+!B0((!]303%!=+4J%&643S!849&0&4%6!K4/430(!-*((%-34*+6T!!_ h<T ! "m$G ! N ! ?m## ._! !C8*=),0;$e?)$!++)//$,&$IA)*7&)$$R44(!+,=*,M!<(,*.!N,%))M!(/!"6%D#-*(CM!EC8*!?.%O*,1%/=!F*-%&(3!+*./*,!A*&!3P*!S%0&6!c7I%!=+4J%&643S!Q06!-%(%9&03%K!hR%+!;--%66!M%%I!P43Q!0!6%&4%6!*,!0P0&%+%66N&0464+/!%J%+36T!A014(40&4d4+/!*7&!J0&4*76!R03&*+!/&*7R6!P43Q!*R%+!0--%66!0+K!436!41R0-3!*+!6-Q*(0&(S!&%6%0&-Q!46!-&7-40(!3*!%+67&4+/!436!0--%R30+-%T![*634+/!hR%+!;--%66!M%%I!%J%+36!46!0!641R(%!0+K!0,,*&K09(%!P0S!,*&!0+S!(49&0&S!3*!4+,*&1!R03&*+6!*,!3Q%!41R*&30+-%!*,!*R%+!0--%66T!!_ h<T ! ?m$G ! N ! Fm?G ._ !"6)$"60*9$_)8,Y$d8+.3,71$L0;0,83$>)?&/0,&*0)/1$89$F./.83$G0,/,*)8B/$$+6(,3%*!J*..*//M!N*#,)%(!"*&6!I%D,(,=![*P!-0+!0+!0-0K%14-!(49&0&S!4+-&%06%!,0-7(3S!0P0&%+%66!*,U!0+K!4+J%631%+3!4+U!3Q%!K4/430(!&%R*643*&So!h+%!63&03%/S!46!3*!-&%03%!6%0&-Q09(%!0+K!-4309(%!43%16!*73!*,!K4/430((S!-0R37&%K!%J%+36!0+K!0&34,0-36T!DQ%6%!7+7670(!94363&%016!-0+!%+34-%!,0-7(3S!3*!76%!3Q%!&%R*643*&S!PQ%+!0&34-(%6!0+K!3%-Q+4-0(!&%R*&36!K*+Y3!K&0P!3Q%1!4+T!!D =2] T ! bm?# ! N ! rm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g0+606!]303%!=+4J%&643S!P4((!K%6-&49%!3Q%4&!9%63!R&0-34-%6!,*-764+/!*+!3Q%!R4J*30(!&*(%!*,!(49&0&S!(4046*+6!0+K!J0(7%N0KK%K!6%&J4-%6!4+!%+67&4+/!3Q%!67--%66!*,!3Q%!4+6343734*+0(!&%R*643*&ST!!D =2] T ! bm?# ! N ! rm?# ;_! !<0:*8*7$8/$Z.:30/6)*$$"%4!"!:/,(9.M!?.%O*,1%/=!#B!"*P(1!I%D,(,%*1M!2*.-=!L#D*,/1#.M!?.%O*,1%/=!#B!H#9(!.0&3!$m!)*((%-34+/!,*&!c4/430(!5%R*643*&4%6!DQ%!3&0K434*+0(!&*(%!*,!(49&0&4%6!06!0//&%/03*&6U!-7&03*&6!0+K!K466%14+03*&6!*,!&%6*7&-%6!Q06!9%%+!R&*,*7+K(S!-Q0((%+/%K!9S!3Q%!+*34*+!*,!(49&0&4%6!06!R79(46Q%&6!*,!-*+3%+3T!DQ46!R0R%&!P4((!%VR(*&%N!3Q%!4K%0!*,!R79(46Q4+/!4+!3Q%!-*+3%V3!*,!+%P!1*K%(6!*,!(49&0&S!6R*+6*&%K!&%6*7&-%!K%(4J%&S!0+K!3Q%!-Q0((%+/%6!,0-%K!4+!-*+3%+3!-7&034*+T!!.0&3!"m!DQ%!849&0&S!06!2N:*7&+0(!.79(46Q%&!849&0&4%6!0&%!9%/4++4+/!3*!%+3%&!3Q%!P*&(K!*,!%NR79(46Q4+/T!DQ%!849&0&S!-0+!P*&I!P43Q!610((!6*-4%34%6!0+K!,0-7(3S!P46Q4+/!3*!1*J%!3*!*+(4+%!R79(4-034*+!*,!3Q%4&!343(%6T!DQ46!R&%6%+3034*+!P4((!,*-76!*+!R&0-34-0(!34R6!0+K!-*+64K%&034*+6!,*&!1*J4+/!0!R&4+3!343(%!*+(4+%!0+K!0(6*!,*&!630&34+/!+%P!%NX*7&+0(6T!!M2c T ! bm?# ! N ! rm$G ;_! !I+&.*8;)$&*$H60:0,a$!$IX8B08,0&$&($H/,0,.,0&83$%&?7*0;6,$Z&30+0)/$$:6*,,%!F%&6(*31M!H.-%(.(!?.%O*,1%/=!)*RS&4/Q3!0+K!4+3%((%-370(!R&*R%&3S!R*(4-4%6!*,!0+!4+6343734*+!-0+!/&%03(S!0,,%-3!3Q%!0-0K%14-!-7(37&%!4+!PQ4-Q!P%!*R%&03%T!DQ46!R&%6%+3034*+!P4((!%V014+%!J0&4*76!O.!R*(4-4%6!3Q03!0,,%-3!3Q%!P*&I!*,!,0-7(3SU!637K%+36U!0+K!(49&0&40+6!0+K!67//%63!P0S6!3*!0KJ*-03%!,*&!9%33%&!R*(4-4%6T!!!
  17. 17. !!C.&%6%+3034*+6!9S!D&0-I!-*+3TE!! ! ! !!!!!!!!!!!!!N$GN!!l!+#33(D#,(/%#.!!!D =2] T ! rmF# ! N ! $#m"G;_! !N&&;3)EW)),Y$<)A)*8;0;$N&&;3)`/$d*))$E.0,)$&($>)/&.*+)/$$74=!EC4#C&6*3M!J*/6!SC&61M!F#,(O%(.!+#33*)*!]10((%&!R79(4-!0+K!0-0K%14-!(49&0&4%6!+%J%&!6%%1!3*!Q0J%!%+*7/Q!,7+K6!3*!0--*1R(46Q!%J%&S3Q4+/!P%YK!(4I%T!e**/(%!R&*J4K%6!,&%%!0--%66!3*!0!6P%%3!6743%!*,!6%&J4-%6!3Q03!0((*P!610((%&!(49&0&4%6!3*!K*!1*&%!P43Q!(%66T!M43Q!(433(%!*&!+*!3%-Q+*(*/4-0(!%VR%&4%+-%U!3Q%6%!3**(6!0((*P!,*&!%06S!-*((09*&034*+U!%+Q0+-%K!-*117+4-034*+U!0+K!+4,3S!4++*J034*+T!c46-*J%&!Q*P!3*!10I%!3Q%!1*63!*,!e**/(%!3**(6U!(4I%!e**/(%!c*-6U!.4-060U!0+K!e**/(%!M0J%U!4+!3Q%!0&%06!*,!&%,%&%+-%U!*73&%0-QU!0+K!630,,!-*117+4-034*+T!!D =2] T ! FmF# ! N ! Gm"G ._ !%&338:&*8,0;$W0,6$H"$,&$L)30A)*$IV>)/)*A)/$F/0;$L*.?83$89$i&,)*&$$:C1(.!>W!<%4D(33M!746*,1/!+#33*)*!O+!"##uU!;1Q%&63!)*((%/%!(07+-Q%K!0!+%P!P%9!643%!764+/!3Q%!*R%+!6*7&-%!-*+3%+3!10+0/%1%+3!6S63%1U!c&7R0(T!]4+-%!3Q%+U!3Q%!849&0&S!Q06!P*&I%K!P43Q!ODY6!M%9!]%&J4-%6!e&*7R!3*!974(K!6%J%&0(!P%9N906%K!3**(6!4+-(7K4+/!0!K030906%!(*-03*&U!-*7&6%!/74K%!974(K%&U!0+K!KS+014-0((S!/%+%&03%K!+%P!9**I!(4636T!c7&4+/!3Q%!6711%&!*,!"##r!P%!%190&I%K!*+!0+*3Q%&!-*((09*&034J%!R&*X%-3!3*!41R&*J%!%(%-3&*+4-!&%6%&J%!10+0/%1%+3!0+K!0--%66!,&*1!!-*7&6%!P%9!R0/%6T!!!D =2] T ! FmF# ! N ! Gm"G ._ !E+830;$e*;80j8,0&83$%8?8+0,7$,&$C)),$IV>)/&.*+)/$D))9/Y$%),*830j)$&*$L)+),*830j)a$$E*.%1*!(.M!7C,(,%(!I%D,(,=!;!?.%O*,1%/=!#B!+#3#,(-#!E*.O*,M!L%&8!IC))M!LX!+#.1C3/%.)!II+!;6!%1RQ0646!6Q4,36!,&*1!R&4+3!3*!%(%-3&*+4-U!0!(49&0&SY6!*&/0+4d034*+0(!-0R0-43S!*&!094(43S!3*!10+0/%!P*&I(*0K6!P43Q!67,,4-4%+3!+719%&6!0+K!(%J%(6!46!63&04+%KT!5"!)*+67(34+/!-*11%+36!*+!3Q%!1*63!60(4%+3!3&%+K6!0+K!&%-*11%+K034*+6!&%/0&K4+/!(49&0&S!*R%&034*+6T!=+4J%&643S!*,!)*(*&0K*!c%+J%&!;7&0&40!849&0&S!R&*J4K%6!(*-0(!%V01R(%6!*,!&%4+J%+34+/!630,,4+/!0+K!P*&I,(*PT!l!R4*,)%.)!;!SC/C,*!"*&6.#3#)%*1!!_ h<T ! rmGG ! N ! $#mF# ;_ !HB8;)/1$>)A0)W/1$"8;/$89$>)+&BB)98,0&/Y$L&$I68+)9$%&,),/$89$F/)*$%&,*0:.,)9$%&,),/$HB?*&A)$!++)//$,&$<0:*8*7$>)/&.*+)/$0$8$!+89)B0+$<0:*8*7a$$^(!2(.)M!!:(.!S,(.&%1&#!:/(/*!?.%O*,1%/=!I*#.(,-!I%D,(,=!DQ46!R&%6%+3034*+!0((*P6!]0+!A&0+-46-*!]303%!=+4J%&643S!3*!6Q0&%!*7&!4+,*&1034*+!09*73!R03&*+!760/%!*,!-030(*/!%+Q0+-%K!6%&J4-%6!0+K!0!X*7&+0(!0&34-(%!&%-*11%+K034*+!6%&J4-%T!DQ%!R&%6%+3034*+!(**I6!03!,%037&%6!*,,%&%K!9S!]S+K%34-!]*(734*+6!0+K!849&0&SDQ4+/!0KK%K!3*!*7&!*+(4+%!(49&0&S!-030(*/T!M%!0(6*!%J0(703%!3Q%!9i!0&34-(%!&%-*11%+K034*+!6%&J4-%!,&*1!2V!849&46T!;!67110&S!*,!760/%!63034634-6!46!4+-(7K%KT!!D =2] T ! $#mFG ! N ! $$m?# ;_ !!9A),.*)/$8,$,6)$!*,0+3)$<)A)3$$>(4*.*!J,##81A<%*BB*,M!<(.1(1!:/(/*!?.%O*,1%/=!I%D,(,%*1!A&*1!4+3%&(49&0&S!(*0+!3*!hR%+=58!(4+I!&%6*(J%&6U!,*&!S%0&6!(49&0&4%6!Q0J%!41R(%1%+3%K!0+K!104+304+%K!6%&J4-%6!3Q03!K%(4J%&!0&34-(%6!3*!76%&6!PQ*!+%%K!3Q%1T!DQ%!0&34-(%!46!4+-&%064+/(S!3Q%!R&410&S!%+343S!*,!6-Q*(0&6Q4RT!<%P!6%&J4-%6U!630+K0&K6U!0+K!&%6%0&-Q!0&%!%1%&/4+/!K04(S!N!0((!-*+-%&+%K!P43Q!3Q%!0&34-(%!06!0+!4+K4J4K70(!43%1T!849&0&4%6!0&%!*,3%+!7+0P0&%!*,!3Q%6%!0&34-(%N&%(03%K!%,,*&36T!:*4+!1%!,*&!0!R&*J*-034J%!6%664*+!3Q03!P4((!%V014+%!3Q%!R063U!R&%6%+3U!0+K!R*6649(%!+%0&N!0+K!(*+/N3%&1!,737&%6!*,!3Q%!0&34-(%!06!0!6-Q*(0&(S!%+343S!4+!436!*P+!&4/Q3T!!M2c T ! bm?# ! N ! rm$G ;_ !_8*A)/,0;$(*&B$C87$E03&/$8,$M):VE+83)$C8=)/$)%&,),$"*.37$L0/+&A)*8:3)$$N*#,)*!J#1/#.M!2*1/*,.!F%&6%)(.!?.%O*,1%/=!A*&!10+S!S%0&6U!(49&0&4%6!Q0J%!9%%+!K&%014+/!09*73!0!641R(%U!%06SU!,063!6%0&-Q!6*(734*+!3Q03!7+4,4%6!0((!*,!3Q%!&%6*7&-%6!4+3*!0!64+/(%!&%R*643*&ST!O+!3Q%!-7&&%+3!1*K%(U!3Q%!76%&!46!,0-%K!P43Q!3Q%!R&*9(%1!*,!K%0(4+/!P43Q!17(34R(%!4+,*&1034*+!64(*6!0+K!+*!-*1R%((4+/!630&34+/!R(0-%!4+!41R(%1%+34+/!3Q%4&!6%0&-QT!5%-%+3(SU!3Q%!4+3&*K7-34*+!*,!0!wM%9N6-0(%!K46-*J%&Sw!(0S%&U!*&!<%V3Ne%+%&034*+!)030(*/U!-0+!R&*J4K%!3Q46!630&34+/!R*4+3!,*&!(49&0&S!R03&*+6T!DQ46!30(I!P4((!K46-766!Q*P!3Q%6%!<%V3Ne%+%&034*+!(49&0&S!K46-*J%&S!0RR(4-034*+6!-0+!/*!9%S*+K!3Q%!(*-0(!(49&0&S!Q*(K4+/6!0+K!9%S*+K!,%K%&03%K!6%0&-Q!3*!*,,%&!0!64+/(%!e**/(%!(4I%!6%0&-Q!6%&J4-%!0-&*66!0((!(*-0(!0+K!6796-&4R34*+!&%6*7&-%6T!!!!!
  18. 18. !!C.&%6%+3034*+6!9S!D&0-I!-*+3TE!!!M2c T ! rm"G ! N ! $#m"G ;_! !>)+&BB)98,0&/$89$,6)$<0:*8*7$$G*//%*!I()(&*M!RP!I%D,%1!]%&J4-%6!&%-*11%+K4+/!9**I6!N!B49D4RU!849&0&SDQ4+/U!=+4J%&643S!*,![7KK%&6,4%(K!9*&&*P4+/!&%-*11%+K034*+6U!0+K!0&34-(%6!N!9i!,&*1!2V!849&46U!.79_%KU!]S+3Q%6%!s)O]DOt!+*P!%V463!4+!3Q%!0-0K%14-!-*+3%V3T!:O])!4+!3Q%!=g!46!6R*+6*&4+/!0!10X*&!R&*X%-3U!_h];O)m!w_0I4+/!h7&!]Q0&%K!;-34J43S!O+,*&1034*+!)*7+3Tw!DQ46!6%664*+!P4((!R&*J4K%!0+!*J%&J4%P!*,!3Q%6%!&%-*11%+K034*+!6S63%16U!K%6-&49%!3Q%4&!K4,,%&%+3!0RR&*0-Q%6!3*!K030!14+4+/U!0+K!K46-766!3Q%4&!&*(%!4+!41R&*J4+/!4+,*&1034*+!&%3&4%J0(!0+K!76%&!%VR%&4%+-%!4+!0!+*P!+%0&(S!,7((S!*+(4+%!6-Q*(0&(S!4+,*&1034*+!P*&(KT!!l!+#33*&/%#.!E*O*3#$4*./!!_ h<T ! FmFG ! N ! Gm?# ._! !>)9.98,$J&.*83$!++)//Y$M67$Z87$C&*)$,68$e+)a$$>(,*-!5#93(.-M!J,%)6(4!^#C.)!?.%O*,1%/=!849&0&4%6!+*P!/%3!0--%66!3*!X*7&+0(!-*+3%+3!,&*1!10+S!K4,,%&%+3!R(0-%6m!4+K4J4K70(!R&4+3!0+K!%(%-3&*+4-!6796-&4R34*+6U!0//&%/03*&6U!K030906%6!0+K!,&*1!4+6343734*+0(!&%R*643*&4%6T!B>=!7+K%&3**I!0!R&*X%-3!3*!%(414+03%!&%K7+K0+3!0--%66!0+K!3Q76!&%K7-%!-*636!P43Q*73!&%K7-4+/!0--%66!3*!-*+3%+3T!DQ46!R&*X%-3!&%67(3%K!4+!*J%&!y$H#U###!4+!0++70(!60J4+/6T!!D =2] T ! ?mFG ! N ! Fm?# ._! !>)B)B:)*$"6*))$M))=/$!;&$M6)$b&.$%&.39`,$!++)//PPPa$$I%]!J(DD%//M!F#./(.(!:/(/*!?.%O*,1%/=!;6!%(%-3&*+4-!&%6*7&-%6!9%-*1%!1*&%!R&%J0(%+3!4+!;-0K%14-!849&0&4%6U!-*117+4-034*+!9%3P%%+!2(%-3&*+4-!5%6*7&-%!849&0&40+6!0+K!*3Q%&!K%R0&31%+36!67-Q!06!5%,%&%+-%!*&!O+3%&(49&0&S!8*0+!9%-*1%6!4+-&%064+/!41R*&30+3T!DQ%!&%67(36!*,!0!67&J%S!*,!;-0K%14-!849&0&40+6!&%/0&K4+/!4+3%&K%R0&31%+30(!-*117+4-034*+!6Q0((!9%!R&%6%+3%K!0(*+/!P43Q!0!K%1*+63&034*+!*,!3Q%!O+3&0+%3!76%K!9S!_*+30+0!]303%!=+4J%&643S!849&0&4%6T!!M2c T ! $#mG# ! N ! $$m?G ;_! !<0A0;$&$,6)$G3))90;$I9;)$&($%&33)+,0&$L)A)3&?B),$$E%(.*!+(,,#33M!2(16%.)/#.!:/(/*!?.%O*,1%/=M!<%//%*!5*.-*,1#.M!RJ:+`!H.B#,4(/%#.!:*,O%&*1!DQ%!%06S!K%-464*+6!Q0J%!9%%+!10K%x!3Q%!,*&1036!Q0J%!9%%+!,(4RR%K!PQ%+!R*6649(%T!<*P!PQ03o!DQ46!R&*/&01!P4((!K46-766!764+/!3Q%!6%&40(6!K%-464*+!K030906%!3*!/74K%!-*((%-34*+!10+0/%&6!3Q&*7/Q!&%0(4/+1%+36U!4+3%&0-34+/!P43Q!0/%+36!0+K!R(0++4+/!,*&!3Q%!-*((%-34*+!-Q0((%+/%6!S%3!3*!-*1%T!!M2c T ! $#mG# ! N ! $$m?G!M6)*)$_8A)$!33$,6)$Z*0,$J&.*83/$N&)a$Y$!98?,0;$Z*0,$%&33)+,0&/$,&$8$IV+),*0+$M&*39$$<(,%!:&64%-/M!L#D*,/!L**O*1M!74*,%&(.!?.%O*,1%/=!;1%&4-0+!=+4J%&643S!849&0&S!&%-%+3(S!&%(*-03%K!436!9*7+K!X*7&+0(6!3*!-*+6*&340(!63*&0/%!9%-076%!*,!6R0-%!-*+63&04+36T!.&%6%+3%&6!P4((!%VR(04+!Q*P!760/%!3&%+K6!X7634,4%K!3Q%!&%(*-034*+x!Q*P!K*-71%+3!K%(4J%&S!+*P!R&*J4K%6!1*&%!%,,4-4%+3!0--%66!3*!3Q%!43%16!4+!63*&0/%x!0+K!Q*P!]Ai!0+K!3Q%!25_!,0-4(4303%!K46-*J%&S!*,!X*7&+0(!343(%6!4+!63*&0/%T!!!F=!G#/*1!;!H-*(1!! !!
  19. 19. ! ! F=!G#/*1!;!H-*(1! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!N$uN! ! ! ! 7/*1+8&/1-$9*1+.11 )*.)!1".()1+8.(98+/1 $#!1&!*$/1:.)1+8*1 ;&98+#&#91<$=>/31 2.(#!+$?=*/@111111111111 .)1:.)1:(+()*1*)A=1 .#:*)*#*/B1%&A)*$?6&,&Y$$.%&&SN)0630a%K0!849&0&S!`!=D!;7634+!9S!:4((!21%&S! !
  20. 20. ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !! !! "68=$7&.$,&$)*#3$R]R$/?&/&*/$!

×