Your IP : 172.28.240.42
ࡱ > E@ bjbj 7 Fj % $ H H H 8 t L $ L b " * x z z z z z z $ R [" : 9 x x @ 6
R H t 0 " " $ $ " $ $ $ H X $ $ H
! # "" !"
86=5:0<A:89 3>@>4A:>9
! "
4 2 3 5 7 0 , 3. 86=5:0<A:, ?@. !B@>8B5;59, 1 2
D0:A ( 8 5 5 5 ) 4 3 - 1 5 - 3 5 , 4 2 - 4 2 - 6 6
"" !" ! #!+
"1= 0<0 H@
! " +
4 2 3 5 7 0 , "1= 0<0 H@5, "7G5;@ ?@. , 1 2
D0:A ( 8 5 5 5 ) 4 3 - 1 5 - 3 5 , 4 2 - 4 2 - 6 6
(
! 2 1 9 D52@0;O 2 0 1 0 3>40
1 >BG5B5 > 45OB5;L=>AB8 86=5:0<A:>3>
3>@>4A:>3> !>25B0 2 2 0 0 9 3>4C
0AA<>B@52 8 >1AC482 >BG5B > 45OB5;L=>AB8 86=5:0<A:>3> 3>@>4A:>3> !>25B0 70 2 0 0 9 3>4, 45?CB0BK >B<5G0NB, GB> 45OB5;L=>ABL 3>@>4A:>3> !>25B0 2 8AB5:H5< 3>4C >ACI5AB2;O;0AL 2 8=B5@5A0E 8718@0B5;59, 2 A>>B25BAB288 A :><?5B5=F859 8 ?>;=><>G8O<8, >?@545;5==K<8 70:>=>< >AA89A:>9 $545@0F88 1 >1I8E ?@8=F8?0E >@30=870F88 <5AB=>3> A0<>C?@02;5=8O 2 >AA89A:>9 $545@0F88 8 70:>=>< 5A?C1;8:8 "0B0@AB0= <5AB=>< A0<>C?@02;5=88 2 5A?C1;8:5 "0B0@AB0= .
G8A;5 ?5@2>>G5@54=KE 7040G 45OB5;L=>AB8 3>@>4A:>3> !>25B0 1K;8 A>25@H5=AB2>20=85 =>@<0B82=>- ?@02>2>9 107K, =5>1E>48<>9 4;O @0728B8O <5AB=>3> A0<>C?@02;5=8O 2 3>@>45, D>@<8@>20=85 8 CB25@645=85 1N465B0 3>@>40 86=5:0<A:0 =0 2 0 1 0 3>4, CG0AB85 2 ?@8=OB88 ?;0=>2 8 ?@>3@0<< @0728B8O 3>@>40, :>=B@>;L 70 8A?>;=5=85< >@30=0<8 <5AB=>3> A0<>C?@02;5=8O 8 4>;6=>AB=K<8 ;8F0<8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O @5H5=89 3>@>4A:>3> !>25B0 8 ?>;=><>G89 ?> @5H5=8N 2>?@>A>2 <5AB=>3> 7=0G5=8O.
5OB5;L=>ABL 86=5:0<A:>3> 3>@>4A:>3> !>25B0 2 2 0 0 9 3>4C 8AE>48;0, ?@5645 2A53>, 87 8=B5@5A>2 8718@0B5;59 8 1K;0 =0?@02;5=0 =0 40;L=59H55 @0728B85 <C=8F8?0;L=>3> >1@07>20=8O 8 H8@>:>5 ?@82;5G5=85 3>@>60= : CG0AB8N 2 <5AB=>< A0<>C?@02;5=88.
AE>4O 87 ?>;>65=89 AB. 2 9 #AB020 3>@>40 86=5:0<A:0, 86=5:0<A:89 3>@>4A:>9 !>25B
(":
1 . #B25@48BL >BG5B > 45OB5;L=>AB8 86=5:0<A:>3> 3>@>4A:>3> !>25B0 2 2 0 0 9 3>4C ( H Y P E R L I N K \ l " s u b _ 1 0 0 " ?@8;0305BAO ) .
2 . >@CG8BL 45?CB0B0< 86=5:0<A:>3> 3>@>4A:>3> !>25B0 ?@>4>;68BL @01>BC 2 >:@C30E ?> 8=D>@<8@>20=8N 8718@0B5;59 > 45OB5;L=>AB8 86=5:0<A:>3> 3>@>4A:>3> !>25B0 8 ?>AB>O==KE :><8AA89 A @07JOA=5=85< >A=>2=KE ?>;>65=89, ?@8=8<05<KE 3>@>4A:8< !>25B>< @5H5=89.
3 . BG5B > 45OB5;L=>AB8 86=5:0<A:>3> 3>@>4A:>3> !>25B0 2 2 0 0 9 3>4C @07<5AB8BL =0 >D8F80;L=>< A09B5 86=5:0<A:>3> <C=8F8?0;L=>3> @09>=0.
4 . >=B@>;L 70 8A?>;=5=85< =0AB>OI53> @5H5=8O 2>7;>68BL =0 70<5AB8B5;O ;02K 3>@>40 86=5:0<A:0 8==C;;8=0 . .
;020 3>@>40 86=5:0<A:0 . 5BH8=
@8;>65=85
: @5H5=8N 86=5:0<A:>3>
3>@>4A:>3> !>25B0
! 2 >B 1 9 D52@0;O 2 0 1 0 3>40
" ' "
> 45OB5;L=>AB8 86=5:0<A:>3> 3>@>4A:>3> !>25B0
2 2 0 0 9 3>4C
5OB5;L=>ABL 86=5:0<A:>3> 3>@>4A:>3> !>25B0 2 2 0 0 9 3>4C >ACI5AB2;O;0AL 2 A>>B25BAB288 A :><?5B5=F859 8 ?>;=><>G8O<8, >?@545;5==K<8 70:>=>< >AA89A:>9 $545@0F88 1 >1I8E ?@8=F8?0E >@30=870F88 <5AB=>3> A0<>C?@02;5=8O 2 >AA89A:>9 $545@0F88 8 70:>=>< 5A?C1;8:8 "0B0@AB0= <5AB=>< A0<>C?@02;5=88 2 5A?C1;8:5 "0B0@AB0= , A>3;0A=> #AB02C 3>@>40 86=5:0<A:0, 8AE>48;0 87 8=B5@5A>2 8718@0B5;59 8 1K;0 =0?@02;5=0 =0 40;L=59H55 @0728B85 <C=8F8?0;L=>3> >1@07>20=8O 8 ?@82;5G5=85 3>@>60= : 0:B82=><C CG0AB8N 2 >ACI5AB2;5=88 <5AB=>3> A0<>C?@02;5=8O.
0 >BG5B=K9 ?5@8>4 ?@>2545=> 7 A5AA89, =0 :>B>@KE @0AA<>B@5=> 3 0 2>?@>A>2.
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
@8 0:B82=>< CG0AB88 45?CB0B>2 3>@>4A:>3> !>25B0 ?@>E>48;8 ?C1;8G=K5 A;CH0=8O ?> >1AC645=8N ?@>5:B0 =>2>9 @540:F88 #AB020 3>@>40, @028; 75<;5?>;L7>20=8O 8 70AB@>9:8 <8:@>@09>=>2 4 6 , 4 7 , 4 8 , 4 9 , 5 0 , 6 0 , 6 1 3>@>40 86=5:0<A:0, ?@>5:B0 1N465B0 3>@>40 =0 2 0 1 0 3>4. @54;>65=8O 45?CB0B>2 2>H;8 2 @07@010BK205<K5 =>@<0B82=>- ?@02>2K5 0:BK.
@0:B8:>20;8AL A>2<5AB=K5 70A540=8O ?>AB>O==KE :><8AA89 8 45?CB0BA:8E 3@C?? 48=0O >AA8O ?> >1AC645=8N 2>?@>A>2, 2=>A8<KE 2 ?>25AB:C 4=O A5AA89 86=5:0<A:>3> 3>@>4A:>3> !>25B0 8 !>25B0 86=5:0<A:>3> <C=8F8?0;L=>3> @09>=0 A B5<, GB>1K 2K@01>B0BL 548=CN ?>78F8N 45?CB0B>2 ?> >A=>2>?>;030NI8< 2>?@>A0<, 70B@03820NI8< 687=5>15A?5G5=85 =0A5;5=8O 3>@>40. -B> 2>?@>AK > 5=5@0;L=>< ?;0=5 3>@>40 86=5:0<A:0, 1N465B5 3>@>40 8 @09>=0, ?@028;0E 75<;5?>;L7>20=8O 8 70AB@>9:8 <8:@>@09>=>2 3 3 , 3 4 8 4 5 3>@>40 86=5:0<A:0, 2K?>;=5=88 @>3@0<<K @5D>@<8@>20=8O 8 <>45@=870F88 68;8I=>- :><<C=0;L=>3> E>7O9AB20 3. 86=5:0<A:0 8 86=5:0<A:>3> @09>=0, ?@>3=>75 A>F80;L=>- M:>=><8G5A:>3> @0728B8O 86=5:0<A:>3> <C=8F8?0;L=>3> @09>=0 8 4@.
0 8AB5:H89 3>4 ?>AB>O==K<8 :><8AA8O<8 8 45?CB0BA:>9 3@C??>9 ?@>2545=> 3 3 70A540=8O, =0 :>B>@KE @0AA<>B@5= 5 1 2>?@>A. 4 3 @5:><5=40F88 ?> C;CGH5=8N 687=5>15A?5G5=8O =0A5;5=8O 3>@>40 1K;8 =0?@02;5=K 2 8A?>;=8B5;L=K5 :><8B5BK 86=5:0<A:>3> <C=8F8?0;L=>3> @09>=0 8 3>@>40 86=5:0<A:0 8 B5@@8B>@80;L=K5 >@30=K.
0A540=8O ?>AB>O==KE :><8AA89 3>@>4A:>3> !>25B0, 2 >A=>2=><, ?@>2>48;8AL A>2<5AB=> A ?@>D8;L=K<8 ?>AB>O==K<8 :><8AA8O<8 !>25B0 @09>=0.
2 0 0 9 3>4C >A=>2=>9 45OB5;L=>ABLN ?>AB>O==>9 :><8AA88 ?> ?@>3=>7C 8 1N465B=>- D8=0=A>2K< 2>?@>A0< ( ?@54A540B5;L CAB0D8= . . ) 1K;8 2>?@>AK A>F80;L=>- M:>=><8G5A:>3> @0728B8O 86=5:0<A:0. 5?CB0BK 2 ?5@2CN >G5@54L @0AA<0B@820;8 2>?@>AK D>@<8@>20=8O, CB25@645=8O 1N465B0 8 53> 8A?>;=5=8O, D8=0=A8@>20=8O 3>@>4A:8E ?@>3@0<<.
5?CB0BK, CG8BK20O, GB> >A=>2=CN 4>E>4=CN 107C 1N465B0 3>@>40 =0 2 0 0 9 3>4 A>AB02;ONB 75<5;L=K9 =0;>3 8 =0;>3 =0 8<CI5AB2> D878G5A:8E ;8F, C45;O;8 MB8< 2>?@>A0< ?>AB>O==>5 2=8<0=85. A2O78 A =5>4=>:@0B=K<8 >1@0I5=8O<8 ?@54?@8OB89, >@30=870F89 @0AA<0B@820;8AL @07<5@K ?@>F5=B=KE AB02>: 75<5;L=>3> =0;>30 8 =0;>30 =0 8<CI5AB2> D878G5A:8E ;8F =0 2 0 0 9 3>4, 87CG0;AO >?KB 4@C38E 3>@>4>2 ?> ?@0:B8:5 ?@8<5=5=8O 40==KE 284>2 =0;>3>2. > ?@54;>65=8N 45?CB0B>2 1K; 2=5A5= @O4 87<5=5=89 8 4>?>;=5=89 2 @5H5=8O 3>@>4A:>3> !>25B0 ?> 40==K< 2840< =0;>3>2.
>AB>O==0O :><8AA8O B5A=> A>B@C4=8G0;0 A :>=B@>;L=>- AG5B=>9 ?0;0B>9 ?@8 @0AA<>B@5=88 2>?@>A>2 ?> 8A?>;=5=8N 1N465B0 3>@>40, :>=B@>;N 70 F5;52K< 8A?>;L7>20=85< 1N465B=KE A@54AB2, 2K45;5==KE CG@5645=8O< 1N465B=>9 AD5@K.
>AB>O==0O :><8AA8O ?> 2>?@>A0< @53;0<5=B0, A0<>C?@02;5=8O, A2O78 A >1I5AB25==K<8 >@30=870F8O<8 8 45?CB0BA:>9 MB8:8 ( ?@54A540B5;L !5;LA:>2 . . ) AB@>3> ?@845@6820;0AL CB25@645==>3> ?;0=0. 0 70A540=8OE ?@5420@8B5;L=> >1AC640;8AL 2A5 2>?@>AK =>@<0B82=>- ?@02>2>3> E0@0:B5@0, @0AA<0B@8205<K5 =0 A5AA8OE 3>@>4A:>3> !>25B0.
>AB>O==0O :><8AA8O ?> A>F80;L=>9 70I8B5 =0A5;5=8O, 2>?@>A0< :C;LBC@K, A5<L8, 45B59, <>;>4568, D87:C;LBC@K 8 A?>@B0 ( ?@54A540B5;L CE0=>20 . $. ) 2 8AB5:H5< 3>4C A>2<5AB=> A ?@>D8;L=K<8 :><8AA8O<8 !>25B0 @09>=0 45@60;0 =0 ?>AB>O==>< :>=B@>;5 2>?@>AK A>740=8O CA;>289 4;O >1@07>20=8O 45B59, 2 B. G. 4>H:>;L=>3>, >@30=870F88 >B4KE0, 4>AC30 8 70=OB>AB8 45B59 8 <>;>4568, >:070=8O <548F8=A:>9 ?><>I8 45BO< 8 ?>4@>AB:0<. @0<:0E >ACI5AB2;5=8O :>=B@>;L=KE DC=:F89 @01>G8<8 3@C??0<8 @53C;O@=> 70A;CH820;8AL 8=D>@<0F88 > 2K?>;=5=88 @5H5=89 ?>AB>O==KE :><8AA89, ?@>2>48;8AL 2K574=K5 @594K 2 ;5G51=>- ?@>D8;0:B8G5A:85 8 A>F80;L=K5 CG@5645=8O.
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
B5G5=85 2A53> 3>40 2 F5=B@5 2=8<0=8O 45?CB0B>2 1K;8 2>?@>AK ?> A2>52@5<5==><C 8 :0G5AB25==><C ?@>2545=8N :0?8B0;L=>3> @5<>=B0 2 <=>3>:20@B8@=KE 68;KE 4><0E, MDD5:B82=><C 8A?>;L7>20=8N 1N465B=KE A@54AB2, =0?@02;5==KE =0 AD5@C 68;8I=>- :><<C=0;L=>3> E>7O9AB20. 0 >A>1>< :>=B@>;5 45?CB0B>2 1K; 2>?@>A D>@<8@>20=8O B0@8D>2 =0 68;8I=>- :><<C=0;L=K5 CA;C38 =0 2 0 1 0 3>4.
5?CB0BA:0O 3@C??0 48=0O >AA8O ( @C:>2>48B5;L 8==C;;8= . . ) >1J548=O5B 1 5 45?CB0B>2. 0 A2>8E A>2<5AB=KE 70A540=8OE A ?>AB>O==K<8 :><8AA8O<8 45?CB0BK- 548=>@>AAK ?@8=8<0;8 @5H5=8O ?> <=>38< 0A?5:B0< 687=545OB5;L=>AB8 3>@>40 8 @09>=0, ?@8 MB>< 2K@010BK20;8 :>=:@5B=K5 @5H5=8O, =0?@02;5==K5 =0 C;CGH5=85 ?>;>65=8O 45;.
A>1>5 2=8<0=85 45?CB0BK C45;O;8 2>?@>A0< A>459AB28O 2 >@30=870F88 8 >ACI5AB2;5=88 :>=B@>;O 70 E>4>< ?@>2545=8O :0?8B0;L=>3> @5<>=B0 2 <=>3>:20@B8@=KE 68;KE 4><0E. > 8=8F80B825 45?CB0BA:8E 3@C?? 48=0O >AA8O 3>@>4A:>3> !>25B0 8 !>25B0 @09>=0 2 2 0 0 9 3>4C 2 8718@0B5;L=KE >:@C30E 3>@>40 1K;0 >@30=87>20=0 @01>B0 2 2 45?CB0BA:8E ?>AB>2, ?3B 0<A:85 >;O=K - 1 4 , A5;LA:8E ?>A5;5=8OE 1 2 ?>AB>2.
;O :>>@48=0F88 @01>BK 45?CB0BA:8E ?>AB>2 A>740=0 F5=B@0;L=0O @01>G0O 3@C??0 2 A>AB025 7 45?CB0B>2 ?@>D8;L=KE ?>AB>O==KE :><8AA89. K; A>AB02;5= 3@0D8: ?@>2545=8O 70A540=89 HB01>2 45?CB0BA:8E ?>AB>2, >?@545;5=> 2@5<O 8 <5AB> 8E ?@>2545=8O. >A=>2=><, >=8 1078@>20;8AL 2 >1I5AB25==KE F5=B@0E <8:@>@09>=>2, 4><>C?@02;5=8OE, ?><5I5=8OE !" !.
5?CB0BK ?@>2>48;8 70A540=8O HB010 565=545;L=> A CG0AB85< @C:>2>48B5;59 ?>4@O4=KE >@30=870F89, A?5F80;8AB>2 68;8I=>9 8=A?5:F88, ?@54A540B5;59 !" !, AB0@H8E ?> 4><0<. 0 :064K< 45?CB0BA:8< ?>AB>< 1K; 70:@5?;5= ?@54AB028B5;L 70:07G8:0 ( @C:>2>48B5;L C?@02;ONI59 :><?0=88, =0G0;L=8: 4><>C?@02;5=8O, 8=65=5@) .
HB010E 1K;8 702545=K @01>G85 6C@=0;K, 2 B>< G8A;5 ?> CG5BC ?@5B5=789 68B5;59, A>AB02;5= 3@0D8: @5<>=B=KE @01>B. >7=8:H85 ?@>1;5<K >?5@0B82=> @5H0;8AL =0 <5AB0E. =D>@<0F8O > =8E ?5@54020;0AL 8 2 F5=B@0;L=CN @01>GCN 3@C??C.
0A540=8O @01>G59 3@C??K ?@>2>48;8AL 1 @07 2 2 =545;8. =8E CG0AB2>20;8 45?CB0BK, @C:>2>48B5;L 8A?>;=8B5;L=>3> :><8B5B0 3>@>40, @C:>2>48B5;8 45?0@B0<5=B0 68;8I=>- :><<C=0;L=>3> E>7O9AB20 8 1;03>CAB@>9AB20, C?@02;ONI59 :><?0=88 %- , ?@83;0H0;8AL @C:>2>48B5;8 ?>4@O4=KE >@30=870F89, ?@54AB028B5;8 68;8I=>9 8=A?5:F88, ?@54A540B5;8 !" !. 5?CB0B0<8 70A;CH820;8AL @C:>2>48B5;8 ?>4@O4=KE >@30=870F89, >1AC640;AO E>4 @5<>=B=KE @01>B, @0AA<0B@820;8AL ?CB8 @5H5=8O 2>7=8:H8E ?@>1;5<.
2 0 0 9 3>4C 2 3>@>45 >B@5<>=B8@>20=> 2 1 1 4><>2 =0 AC<<C 7 2 3 , 2 <;=. @C1;59. A53> 70 2 3>40 @50;870F88 $545@0;L=>9 ?@>3@0<<K @5<>=B ?@>2545= 2 4 7 6 4><0E, >A2>5=> 1 <;@4. 2 6 1 <;=. @C1;59. 5 0 42>@0E >1>@C4>20=K =>2K5 83@>2K5 ?;>I04:8, ?@>2545=> 1;03>CAB@>9AB2> 42>@>2.
5?CB0BK- 548=>@>AAK ?@8=F8?80;L=> 2KA:07K20;8 A2>5 <=5=85 ?@8 >1AC645=88 B0:8E 2>?@>A>2, :0: ?>2KH5=85 157>?0A=>AB8 =0 4>@>30E 3>@>40 8 @09>=0, C;CGH5=85 @01>BK CG0AB:>2KE C?>;=><>G5==KE <8;8F88 ?> >E@0=5 >1I5AB25==>3> ?>@O4:0 2 <8:@>@09>=0E 3>@>40, >15A?5G5=85 AB018;L=KE ?5@52>7>: =0 ?@83>@>4=KE <0@H@CB0E, D>@<8@>20=85 B0@8D>2 =0 68;8I=>- :><<C=0;L=K5 CA;C38.
! CG5B>< A8BC0F88, A;>682H59AO ?> >?;0B5 70 M;5:B@>M=5@38N 2 G0AB8 , 45?CB0BA:85 3@C??K 48=0O >AA8O 3>@>4A:>3> !>25B0 8 !>25B0 @09>=0, ?>AB>O==K5 :><8AA88 A>2<5AB=> A @07;8G=K<8 AB@C:BC@0<8 3>@>4A:>3> E>7O9AB20 ?5@8>48G5A:8 @0AA<0B@820;8 40==K9 2>?@>A =0 @01>G8E A>25I0=8OE, 45?CB0BA:8E :><8AA8OE.
5?CB0BK A>2<5AB=> A ?@54A540B5;O<8 A>25B>2 B5@@8B>@80;L=>3> >1I5AB25==>3> A0<>C?@02;5=8O 8 AB0@H8<8 ?> 4><0< ?@>2>48;8 @07JOA=8B5;L=CN @01>BC A@548 =0A5;5=8O 2 A2>8E <8:@>@09>=0E > =5>1E>48<>AB8 CAB0=>2:8 8=48284C0;L=KE ?@81>@>2 CG5B0 M;5:B@>M=5@388, 70<5=K CAB0@52H8E AG5BG8:>2 =0 =>2K5. @30=87>2K20;8AL :><8AA8>==K5 ?@>25@:8 =0 =0;8G85 =5A0=:F8>=8@>20==KE ?>4:;NG5=89. @57C;LB0B5 A>2<5AB=>9 @01>BK C40;>AL @5H8BL G0ABL 2>?@>A>2 8 A=OBL =0?@O65==CN A8BC0F8N A@548 =0A5;5=8O.
5?CB0BA:85 3@C??K 48=0O >AA8O =0 A2>8E A>2<5AB=KE 70A540=8OE C45;O;8 7=0G8B5;L=>5 2=8<0=85 @0728B8N >1I5AB25==>3> A0<>C?@02;5=8O 2 3>@>45, ?>A:>;L:C A>25BK B5@@8B>@80;L=>3> >1I5AB25==>3> A0<>C?@02;5=8O 702>520;8 02B>@8B5B @50;L=>3> 0:B82=>3> CG0AB=8:0 3>@>4A:>9 687=8. 0 ?>A;54=85 1 0 ;5B >=8 AB0;8 ?>;=>F5==K<8 F5=B@0<8 >1I5AB25==>9 687=8 <8:@>@09>=>2 3>@>40.
F5;OE A>25@H5=AB2>20=8O @01>BK ?> 2708<>459AB28N A =0A5;5=85< 1K;> ?@8=OB> @5H5=85 > A>740=88 =0 1075 ACI5AB2CNI8E B5@@8B>@80;L=KE >@30=>2 A0<>C?@02;5=8O =>2>9 AB@C:BC@K >1I5AB25==KE F5=B@>2 <8:@>@09>=>2 ( & ) . "0:85 F5=B@K >B:@KBK 2 3 - E <8:@>@09>=0E: ?> ?@. %8<8:>2, 1 6 8 7 2 1, C;. >@015;L=0O, 2 0 . 1I5AB25==K5 F5=B@K >1>@C4>20=K 8 C:><?;5:B>20=K >@3B5E=8:>9 1;03>40@O H5D0< - 86=5:0<A:>9 "-&, 86=5:0<A:B5EC3;5@>4 , # "0B=5DBL- 5DB5E8< , B>@3>2>9 A5B8 $0:B>@8O .
01>B0 F5=B@>2 =0?@02;5=0 =0 C;CGH5=85 2708<>459AB28O 45?CB0B>2, ?@54A540B5;59 !" !, CG0AB:>2KE C?>;=><>G5==KE <8;8F88, 8=A?5:B>@>2 ?> 45;0< =5A>25@H5==>;5B=8E 8 AB0@H8E ?> 4><0< 4;O >@30=870F88 1>;55 MDD5:B82=>9 @01>BK A 68B5;O<8 <8:@>@09>=>2.
1I5AB25==K5 F5=B@K 2K?>;=ONB B0:CN =>2CN DC=:F8N, :0: >:070=85 ?5@2>9 N@848G5A:>9 ?><>I8 8 :>=AC;LB0B82=KE CA;C3 =0A5;5=8N. MB8E F5=B@0E =86=5:0<FK <>3CB CB>G=8BL ?>@O4>: >1@0I5=8O, ?5@5G5=L 4>:C<5=B>2 ?@8 >1@0I5=88 2 <C=8F8?0;L=K5 8 3>AC40@AB25==K5 B5@@8B>@80;L=K5 >@30=K.
!>B@C4=8:8 >1I5AB25==KE F5=B@>2 <8:@>@09>=>2 2 A2>59 @01>B5 CA?5H=> 8A?>;L7CNB B5E=8G5A:85 =>20F88 8 8=D>@<0F8>==K5 B5E=>;>388. :><?LNB5@0< & ?>4:;NG5=0 ?@>3@0<<0 >=AC;LB0=B ?;NA , ?>72>;ONI0O 1KAB@> 8 >?5@0B82=> ?>;CG0BL 0:BC0;L=CN ?@02>2CN 8=D>@<0F8N.
040G0 MB8E F5=B@>2 =5 B>;L:> ?><>GL =0A5;5=8N <8:@>@09>=0 2 @5H5=88 @O40 :><<C=0;L=KE 8 1KB>2KE 2>?@>A>2, 0 B0:65 A>459AB2>20BL 2 >@30=870F88 >B4KE0, 4>AC30 45B59 8 2A53> =0A5;5=8O, A>740BL 1;03>?@8OB=CN 0B<>AD5@C 2 <8:@>@09>=5.
!;54C5B >B<5B8BL, GB> 45OB5;L=>ABL >1I5AB25==>AB8 <8:@>@09>=>2 86=5:0<A:0 AB0=>28BAO 2A5 1>;55 0:B82=>9. !B0@H85 ?> 4><0< A>2<5AB=> A 45?CB0B0<8 8 ?@54A540B5;O<8 A>25 , . t v
: < v x
J
L
R
T
V
Z
\
j
ݲݲqq^q^qHq +hL hL 5CJ OJ QJ ^J aJ mHDsHD%h' 5CJ OJ QJ ^J aJ mHDsHD+hL h-KC 5CJ OJ QJ ^J aJ mHDsHD+hL h-KC 5CJ OJ QJ ^J aJ mHDsHD(hL h-KC CJ OJ QJ ^J aJ mHDsHD (hL h-KC CJ OJ QJ ^J aJ mHDsHD +hL h-KC 5CJ OJ QJ ^J aJ mHDsHD#hL h-KC 5OJ QJ ^J mHDsHD h5qM h-KC CJ OJ QJ ^J aJ , . ^ t v
: < ^ v x
E$$If gd-KC $
E$$If a$gd-KC $$If a$gd-KC $
E$H $If `H a$gd-KC gd-KC
6
J
L
E S kd $$If l 0 (
t 6 4 4
l al $
E$$If a$gd-KC S kd $$If l 0 (
t 6 4 4
l al L
N
V
2 - gd-KC S kdr $$If l 0 (
t 6 4 4
l al $
E$$If a$gd-KC
E$ $If ` gd-KC S kd $$If l 0 (
t 6 4 4
l al
P .
̮̽̽̽̎}lYlKlY=lY haZ; CJ OJ QJ ^J aJ h CJ OJ QJ ^J aJ $hL hL CJ NH OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ hL h-KC CJ OJ QJ ^J aJ hL h-KC CJ OJ QJ ^J aJ hm 5CJ OJ QJ ^J aJ hV% 5CJ OJ QJ ^J aJ h 5CJ OJ QJ ^J aJ #hL h-KC 5CJ OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ hL h-KC CJ OJ QJ ^J aJ
n * 2 4 4 6 H J * , . ` $If ` gd-KC l T `gdL ` gdL gdL $a$gd-KC gd-KC
$ . ( * 8 : * , j " $ * , V h ~ T V * ﲢp #hL hL 5CJ OJ QJ ^J aJ #hL hL 5CJ OJ QJ ^J aJ h' CJ OJ QJ ^J aJ h CJ NH OJ QJ ^J aJ h CJ OJ QJ ^J aJ $hL hL CJ NH OJ QJ ^J aJ h7 CJ OJ QJ ^J aJ haZ; CJ OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ ' * , 2 4 6 ` v 4 6 8 < ӾӦӾӕӇӇtӕbM (hL hL CJ OJ QJ ^J aJ mHDsHD "hU CJ OJ QJ ^J aJ mHDsHD $hL hL CJ NH OJ QJ ^J aJ h5qM CJ OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ /j hL hL CJ OJ QJ U^J aJ )j hL hL CJ OJ QJ U^J aJ hL hL CJ OJ QJ ^J aJ h CJ OJ QJ ^J aJ hU CJ OJ QJ ^J aJ < H J P h l ( * . 8 t v x ijraNa@a@a h' CJ OJ QJ ^J aJ $hL h-KC CJ NH OJ QJ ^J aJ hL h-KC CJ OJ QJ ^J aJ #hL h-KC 5CJ OJ QJ ^J aJ hU 5CJ OJ QJ ^J aJ hBl 5CJ OJ QJ ^J aJ hL h-KC CJ OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ (hL hL CJ OJ QJ ^J aJ mHDsHD (h5qM h5qM CJ OJ QJ ^J aJ mHDsHD "h5qM CJ OJ QJ ^J aJ mHDsHD` r t v x " 6 s s s $`a$gdL gd-KC $ ` ^`` a$ gd-KC Q kdU $$If l 0 I( Z [
t 6 4 4
l a $ $If ` a$gd-KC l T
" : T h j " $ Z \ j l ! ! T" V" " " # # $$ ~mZmZmZmZmZmZmZmZmZmZm $hL hL CJ NH OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ #hL hBl 5CJ OJ QJ ^J aJ hL 5CJ OJ QJ ^J aJ h/ 5CJ OJ QJ ^J aJ #hL hL 5CJ OJ QJ ^J aJ hL h-KC OJ QJ ^J hL h-KC CJ OJ QJ ^J aJ hL h-KC CJ OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ *% ' x- / 0 3 7 9 < A E lH J N P S T X [ ] dh -D M
`gd_ dh `gd_ $`a$gdL $$ <$ $ $ % % % % T& V& d& f& ' ' ) ) ~+ + B, D, 8- :- . . B/ D/ 0 0 0 0 1 1 $3 &3 ^3 `3 :4 <4 5
5 5 5 B7 D7 7 7 9 9 F9 H9 : : >: @: : : B= D= = = ? ? ? ? 2B 4B B B FC HC D
D D D NE PE F hL CJ OJ QJ ^J aJ $hL hL CJ NH OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ hBl CJ OJ QJ ^J aJ L F F bF dF G G G G H H I I I I J J J J J J K K PL RL M
M N N N N N N O O ~P P pQ rQ R R R R PT RT T T U U ,W .W W W X X Y Y (Z *Z 2\ 4\ d] f] ^ ^ 8_ :_ @` B` ~a a a a b b b b *c h_ CJ OJ QJ ^J aJ hL CJ OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ $hL hL CJ NH OJ QJ ^J aJ L] N` d f j l n p r 0 ̥ 8 ¬ t
P dh `gd_ dh -D M
`gd_ *c ,c d d d d e e ~f f f f |g ~g h h xh zh Vi Xi i i j j :k <k k k ll nl m m Vn Xn vn xn p p p p vq xq r r :s <s s s s s v x Z \ N P H J V X
UhL CJ OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ $hL hL CJ NH OJ QJ ^J aJ PB>2 B5@@8B>@80;L=>3> >1I5AB25==>3> A0<>C?@02;5=8O 2>2;5G5=K 2 3@C??C :>=B@>;O 70 :0?8B0;L=K< @5<>=B>< <=>3>:20@B8@=KE 4><>2 ?> D545@0;L=>9 F5;52>9 ?@>3@0<<5, CG0AB2CNB 2 @5H5=88 <=>38E 2>?@>A>2 ?> 687=5>15A?5G5=8N 68B5;59 <8:@>@09>=>2.
>AB>O==K5 :><8AA88 8 45?CB0BA:0O 3@C??0 48=0O >AA8O 2 A2>59 @01>B5 C45;O;8 7=0G8B5;L=>5 2=8<0=85 2K?>;=5=8N @0=55 ?@8=OBKE @5H5=89. "0:, =0?@8<5@, 2 8N=5 B5:CI53> 3>40 =0 A>2<5AB=>< 70A540=88 45?CB0BA:8E 3@C?? 48=0O >AA8O 8 ?>AB>O==KE :><8AA89 3>@>4A:>3> !>25B0 8 !>25B0 @09>=0 1K;> @0AA<>B@5=> 2K?>;=5=85 @5H5=8O A>AB>O=88 8 <5@0E ?> C;CGH5=8N B@0=A?>@B=>3> >1A;C6820=8O =0A5;5=8O 86=5:0<A:>3> <C=8F8?0;L=>3> @09>=0 . @57C;LB0B5 2A5AB>@>==53> 87CG5=8O 40==>3> 2>?@>A0 45?CB0BK- 548=>@>AAK @5:><5=4>20;8 A?>;=8B5;L=><C :><8B5BC 86=5:0<A:>3> <C=8F8?0;L=>3> @09>=0 5653>4=> @07<5I0BL <C=8F8?0;L=K9 70:07 =0 B@0=A?>@B=>5 >1A;C6820=85 =0A5;5=8O =0 3>@>4A:8E 8 ?@83>@>4=KE <0@H@CB0E, >?@545;82 >1J5<K 8 8AB>G=8:8 D8=0=A8@>20=8O 8 >1@0B8BLAO 2 >AC40@AB25==K9 !>25B 5A?C1;8:8 "0B0@AB0=, 018=5B 8=8AB@>2 5A?C1;8:8 "0B0@AB0= A ?@>AL1>9 @0AA<>B@5BL 2>?@>A >1 >B<5=5 >BG8A;5=89 =0 ?@81K;L B@0=A?>@B=KE ?@54?@8OB89.
0 >A>1>< :>=B@>;5 45?CB0B>2 1K;8 2>?@>AK @50;870F88 =0F8>=0;L=KE ?@>5:B>2. "0:, 2 @0<:0E @50;870F88 =0F8>=0;L=>3> ?@>5:B0 4@02>>E@0=5=85 45?CB0BK 3>@>4A:>3> !>25B0 ?@8=8<0;8 0:B82=>5 CG0AB85 2 ?>43>B>2:5 @5H5=8O !>25B0 86=5:0<A:>3> <C=8F8?0;L=>3> @09>=0 1 A=>2=KE =0?@02;5=8OE <>45@=870F88 8 40;L=59H53> @0728B8O 74@02>>E@0=5=8O 2 86=5:0<A:>< <C=8F8?0;L=>< @09>=5 =0 2 0 0 9 - 2 0 1 1 3>4K .
@8>@8B5B=K< =0?@02;5=85< @01>BK 45?CB0B>2 O2;O;>AL A>459AB285 2 MDD5:B82=>9 >@30=870F88 @50;870F88 =0F8>=0;L=>3> ?@>5:B0 2 AD5@5 74@02>>E@0=5=8O 8 @>3@0<<K 3>AC40@AB25==KE 30@0=B89 >:070=8O =0A5;5=8N 15A?;0B=>9 <548F8=A:>9 ?><>I8. > <=5=8N 45?CB0B>2, ?@8=OB>5 @5H5=85 1C45B A?>A>1AB2>20BL ?>2KH5=8N C@>2=O >:070=8O <548F8=A:>9 ?><>I8 =0A5;5=8N ?CB5< @07@01>B:8 :><?;5:A0 <5@, =0?@02;5==KE =0 A>25@H5=AB2>20=85 >@30=870F88 <548F8=A:>9 ?><>I8 8 55 4>ABC?=>AB8.
A2O78 A MB8< ?> 8=8F80B825 45?CB0B>2- 548=>@>AA>2 3>@>4A:>3> !>25B0 A>740=0 45?CB0BA:0O :><8AA8O ?> A>459AB28N 8 >ACI5AB2;5=8N :>=B@>;O 70 E>4>< @50;870F88 40==>3> @5H5=8O !>25B0.
F5;OE >15A?5G5=8O 8=D>@<8@>20==>AB8 8 CG0AB8O =0A5;5=8O 2 @50;870F88 40==>3> ?@>5:B0 45?CB0BK G5@57 3075BC 86=5:0<A:0O ?@0240 >1@0B8;8AL : =0A5;5=8N ?@8=OBL 0:B82=>5 CG0AB85 2 @01>B5 :><8AA88, 2=>A8BL :>=AB@C:B82=K5 ?@54;>65=8O ?> 40;L=59H5<C C;CGH5=8N @01>BK ;5G51=>- ?@>D8;0:B8G5A:8E CG@5645=89. 0A540=8O 45?CB0BA:>9 :><8AA88 ?@>E>48;8 565<5AOG=> A CG0AB85< @C:>2>48B5;59 74@02>>E@0=5=8O 86=5:0<A:>3> <C=8F8?0;L=>3> @09>=0. @57C;LB0B5 @01>BK :><8AA88, <C=8F8?0;8B5B0, 0 B0:65 45?CB0B>2 2 A2>8E 8718@0B5;L=KE >:@C30E C40;>AL 4>25AB8 4> =0A5;5=8O ?@8G8=K 2@5<5==KE =5C4>1AB2, 2>7=8:H8E =0 =0G0;L=>< MB0?5 @5D>@<8@>20=8O A8AB5<K 74@02>>E@0=5=8O 8 @07JOA=8BL ?5@A?5:B82K =0<5G5==KE ?@5>1@07>20=89.
@0<:0E @50;870F88 =0F8>=0;L=>3> ?@>5:B0 1@07>20=85 8 A F5;LN 4>?>;=8B5;L=>3> >7=0:><;5=8O H:>;L=8:>2 AB0@H8E :;0AA>2 A 8AB>@859 AB0=>2;5=8O 8 @0728B8O ?@54?@8OB89 8 >@30=870F89 3>@>40, A >:BO1@O 2 0 0 9 3>40 ?> 8=8F80B825 45?CB0B>2 3>@>4A:>3> !>25B0 <C=8F8?0;8B5B>< 3>@>40 A>2<5AB=> A C?@02;5=85< >1@07>20=8O 2 @0<:0E 4>?>;=8B5;L=>3> >1@07>20=8O 1K;8 >@30=87>20=K M:A:C@A88- 70=OB8O 2 <C75OE ?@54?@8OB89 3>@>40. -B0 D>@<0 @01>BK ?>72>;O5B CG8B5;O< 8 H:>;L=8:0< ;CGH5 C7=0BL ?@>872>4AB2>, CA;>28O @01>BK 2 :>;;5:B820E 8 ?><>305B CG0I59AO <>;>4568 C2845BL ?@5AB86=>ABL 8 ?5@A?5:B82K @01>BK =0 ?@54?@8OB8OE 86=5:0<A:0.
5?CB0BK 3>@>4A:>3> !>25B0, >B<5G0O >A>1CN 206=>ABL 2>?@>A0 ?> >15A?5G5=8N 4>ABC?=>AB8 3>@>4A:>9 8=D@0AB@C:BC@K 4;O ;N459 A =0@CH5=8O<8 >?>@=>- 42830B5;L=>3> 0??0@0B0, A>740=8N 4;O =8E CA;>289 4;O 1>;55 ?>;=>F5==>9 687=545OB5;L=>AB8 8 2 F5;OE 1>;55 3;C1>:>3> 87CG5=8O ?@>1;5<K 2KH;8 A 8=8F80B82>9 3;C1>:>3> 87CG5=8O 40==>3> 2>?@>A0 =0 2A59 B5@@8B>@88 86=5:0<A:>3> <C=8F8?0;L=>3> @09>=0.
K;0 A>740=0 @01>G0O 3@C??0 2 A>AB025 45?CB0B>2- 548=>@>AA>2. E>45 ?>43>B>2:8 2>?@>A0 45?CB0B0<8 BI0B5;L=> 87CG5=> A>AB>O=85 @01>BK ?> >15A?5G5=8N 15710@L5@=>9 A@54K =0 B5@@8B>@88 3>@>40. @>2545= <>=8B>@8=3 4>ABC?=>AB8 >1J5:B>2 A>F80;L=>9 8 8=65=5@=>9 8=D@0AB@C:BC@ 4;O 8=20;84>2, ?>;L7>20=8O 8<8 >1I5AB25==K< B@0=A?>@B><, A@54AB20<8 A2O78 8 8=D>@<0F88.
F5;OE @0AH8@5=8O 2>7<>6=>AB59 A2>1>4=>3> ?5@542865=8O 8=20;84>2, 45?CB0BK AG8B0NB =5>1E>48<K< @5H5=85 2>?@>A0 ?> ?@8>1@5B5=8N A?5F80;L=KE 02B>1CA0 8 B@0<20O 4;O ?5@52>7:8 8=20;84>2- :>;OA>G=8:>2 8 4@C38E <0;><>18;L=KE 3@0640=. > ?>@CG5=8N 45?CB0B>2 B@0=A?>@B=K5 ?@54?@8OB8O 87CG8;8 CA;>28O ?@8>1@5B5=8O A?5F80;L=KE B@0=A?>@B=KE A@54AB2, >?@545;8;8 CA;>2=K5 <0@H@CBK 8E 42865=8O. 01>G59 3@C??>9 @07@01>B0=0 :0@B0 A> AE5<>9 42865=8O A?5F80;L=KE 02B>1CA0 8 B@0<20O ?> 3>@>4C. > ?CB8 8E A;54>20=8O >?@545;5=K A>F80;L=>- 7=0G8<K5 >1J5:BK, MB> - ;5G51=>- ?@>D8;0:B8G5A:85, A>F80;L=K5 CG@5645=8O, 0?B5:8, <03078=K, CG@5645=8O :C;LBC@K, A?>@B0, 181;8>B5:8, >B45;5=8O A2O78 8 4@. , 2 :>B>@KE 2 ?5@2CN >G5@54L ?>B@51C5BAO ?@>25AB8 @01>BK ?> A>740=8N CA;>289 4;O 15A?@5?OBAB25==>3> 4>ABC?0 8=20;84>2.
E>45 ?>43>B>2:8 2>?@>A0 45?0@B0<5=B>< 68;8I=>- :><<C=0;L=>3> E>7O9AB20 8 1;03>CAB@>9AB20 ?@>2545=0 ?0A?>@B870F8O 3>@>4A:8E <038AB@0;L=KE 8 2=CB@8:20@B0;L=KE 4>@>3, B@>BC0@>2 =0 =0;8G85 ?0=4CA>2. 5@54 45?0@B0<5=B>< ?>AB02;5=0 7040G0 @07@01>B0BL ?;0= ?5@2>>G5@54=KE ?>MB0?=KE <5@ ?> @5:>=AB@C:F88 ?>4J574=KE ?CB59 : >1J5:B0< A>F80;L=>9 8=D@0AB@C:BC@K, >?@545;5==KE ?@8>@8B5B=K<8, ?> <0@H@CBC 42865=8O A?5F80;L=KE 02B>1CA0 8 B@0<20O.
5?CB0BK AG8B0NB, GB> :><?;5:A=K9 ?>4E>4 : @5H5=8N MB8E 7040G ?>72>;8B C;CGH8BL 4>ABC?=>ABL ?>A5I5=8O ;N4L<8 A >3@0=8G5==K<8 2>7<>6=>ABO<8 >1J5:B>2 3>@>4A:>9 8=D@0AB@C:BC@K 8 2> <=>3>< ?><>65B @5H8BL ?@>1;5<K >1CG5=8O 8 B@C4>CAB@>9AB20 8=20;84>2, 40AB 2>7<>6=>ABL 1>;55 0:B82=> CG0AB2>20BL 2 >1I5AB25==>9 687=8, C;CGH8B ?A8E>;>38G5A:>5 8E A0<>GC2AB285. =20;84K 8 >1I5AB2> ?5@5AB0=CB 1KBL 87>;8@>20==K<8 4@C3 >B 4@C30, 0 7=0G8B, 1C45B ?@5>4>;5= @0745;ONI89 8E ?A8E>;>38G5A:89 10@L5@. 5?CB0BK C15645=K, GB> A>740=85 4>ABC?=>9 4;O 8=20;84>2 A@54K 687=545OB5;L=>AB8 4>;6=> AB0BL G0ABLN A>F80;L=>9 ?>;8B8:8, ?@>2>48<>9 2 86=5:0<A:5.
B5G5=88 3>40 45?CB0BK 86=5:0<A:>3> 3>@>4A:>3> !>25B0 C45;O;8 A0<>5 ?@8AB0;L=>5 2=8<0=85 @5H5=8N ?@>1;5< A2>8E 8718@0B5;59, MB> B@C4>CAB@>9AB2>, ?><>IL 2 ;5G5=88 8 >@30=870F88 4>@>3>AB>OI8E >?5@0F89, ?@8>1@5B5=85 8=20;84=KE :>;OA>:, 1KB>2>9 B5E=8:8, ?@>2545=85 @5<>=B0 2 :20@B8@0E 25B5@0=>2, 8=20;84>2, ?>>I@5=85 ;CGH8E CG5=8:>2 H:>;, ?>1548B5;59 @07;8G=KE >;8<?804, :>=:C@A>2, CG@5645=85 8<5==KE 45?CB0BA:8E ?@5<89.
5?CB0B0<8 ?@>2>48;0AL 1>;LH0O 1;03>B2>@8B5;L=0O @01>B0. :070=0 ?><>IL 2 @5<>=B5 H:>; 8 8E A?>@B82=KE 70;>2, 45BA:8E A04>2, 181;8>B5:, <548F8=A:8E, A?>@B82=KE CG@5645=89, ?>4@>AB:>2KE :;C1>2, ><0 25B5@0=>2, >1I5AB25==KE ?C=:B>2 >E@0=K ?>@O4:0 8 >1I5AB25==KE F5=B@>2 <8:@>@09>=>2. #:@5?;5=0 <0B5@80;L=>- B5E=8G5A:0O 1070 CG@5645=89: ?@8>1@5B5=K <515;L, >@3B5E=8:0, :><?LNB5@=K5 :;0AAK, A?>@B82=K9 8=25=B0@L. K45;O;8AL A@54AB20 >1I5AB25==K< >@30=870F8O< 8 :C;LB>2K< CG@5645=8O<.
5?CB0BK, :0: 8 2 ?@54K4CI85 3>4K, ?@>4>;60;8 >:07K20BL <0B5@80;L=CN ?><>IL A>F80;L=> =570I8I5==K< A5<LO<, 45BO< 8 8=20;840<, A>AB>OI8< =0 CG5B5 2 F5=B@5 A>F80;L=>9 ?><>I8 A5<L5 8 45BO< 5AB0 , F5=B@5 0;:KH 8 45BA:><C 4><C.
;03>40@O ?><>I8 8 8=8F80B825 45?CB0B>2 >@30=87>20;8AL M:A:C@A88 4;O 25B5@0=>2 2>9=K 8 B@C40, 45B59- 8=20;84>2, CG0I8EAO, 2K45;O;8AL 02B>1CAK 4;O ?>574>: 45B59 =0 :>=:C@AK 8 A>@52=>20=8O 2 3>@>40 @5A?C1;8:8 8 >AA88.
<8:@>@09>=0E 1;03>40@O ?><>I8 45?CB0B>2 ?@>2>48;0AL 1>;LH0O @01>B0 ?> >:070=8N ?><>I8 2 1;03>CAB@>9AB25 42>@>2, >1>@C4>20=88 45BA:8E A?>@B82=KE ?;>I04>:, @5<>=B5 ?5H5E>4=KE 4>@>65:. !>2<5AB=> A A>25B0<8 B5@@8B>@80;L=>3> >1I5AB25==>3> A0<>C?@02;5=8O 8 68;LF0<8 >@30=87>2K20;0AL @01>B0 ?> >75;5=5=8N 42>@>2, 4;O MB>3> ?@8>1@5B0;8AL A065=FK F25B>2 8 @07;8G=KE ?>@>4 45@52L52, 1K;8 A>740=K F5;K5 A:25@K.
@0<:0E @50;870F88 #:070 @57845=B0 5A?C1;8:8 "0B0@AB0= ?@>2545=88 2 5A?C1;8:5 "0B0@AB0= >40 A?>@B0 8 74>@>2>3> >1@070 687=8 45?CB0BK ?@>2>48;8 2 B@C4>2KE :>;;5:B820E, <8:@>@09>=0E 3>@>40 A?0@B0:804K, A>@52=>20=8O ?> @07;8G=K< 2840< A?>@B0, =8 A5<59=>3> >B4KE0 8 4@.
A>1>5 2=8<0=85 45?CB0B>2 1K;> =0?@02;5=> =0 ?>445@6:C 45BA:>3> 8 N=>H5A:>3> A?>@B0. !8;0<8 45?CB0B>2 2 H:>;0E 3>@>40 >1>@C4>20=K 45BA:85 E>::59=K5 :><?;5:AK, DCB1>;L=K5 ?;>I04:8.
;O H:>;L=KE 8 42>@>2KE :><0=4 N=KE E>::58AB>2 8 DCB1>;8AB>2 ?@8>1@5B5=0 A?>@B82=0O D>@<0 8 A?>@B82=K9 8=25=B0@L, 2K45;5=K A@54AB20 4;O ?@>2545=8O E>::59=KE 8 DCB1>;L=KE <0BG59, BC@=8@>2 ?> 47N4>, =0F8>=0;L=>9 1>@L15, 0 B0: 65 ?>>I@5=8O ?>1548B5;59.
5?CB0BK ?@8=8<0;8 0:B82=>5 CG0AB85 2 G5AB2>20=88 9 <0O 25B5@0=>2 8 B@C65=8:>2 BK;0, ?@>2545=88 0:F88 ><>38 A>1@0BLAO 2 H:>;C , 45:04K 8=20;84>2, 2 =>2>3>4=5< ?>74@02;5=89 45B59 A2>53> <8:@>@09>=0.
8AB5:H5< 3>4C 45?CB0BK C45;O;8 1>;LH>5 2=8<0=85 2>?@>A0< >15A?5G5=8O >1I5AB25==>9 157>?0A=>AB8, B5A=> A>B@C4=8G0;8 A CG0AB:>2K<8 8=A?5:B>@0<8, 70:@5?;5==K<8 2 <8:@>@09>=0E A2>8E 8718@0B5;L=KE >:@C3>2. "0:, 2 F5;OE ?>2KH5=8O C@>2=O @01>BK ?> A>740=8N 157>?0A=>9 A@54K 687=545OB5;L=>AB8 8718@0B5;59, ?@>6820NI8E 2 <8:@>@09>=5 ! 3 0 8 >@30=870F88 :>>@48=8@CNI59 @01>BK 2 MB>< =0?@02;5=88 45?CB0BK 3>@>4A:>3> !>25B0 ?> 0@:>2><C 8718@0B5;L=><C >:@C3C ! 9 CE0=>20 . $. , =AB8BCBA:><C 8718@0B5;L=><C >:@C3C ! 7 CAB0D8= . . , &5=B@0;L=><C 8718@0B5;L=><C >:@C3C ! 2 2 !5;LA:>2 . . A>740;8 >1J548=5=85 45?CB0B>2 0 ?@02>?>@O4>: .
> ?@54;>65=8O< 45?CB0B>2 2 A>AB02 >1J548=5=8O 2>H;8 ?@54A540B5;L A>25B0 B5@@8B>@80;L=>3> >1I5AB25==>3> A0<>C?@02;5=8O <8:@>@09>=0 ! 3 0 48@5:B>@ A@54=59 >1I5>1@07>20B5;L=>9 H:>;K ! 2 9 , AB0@H89 C?>;=><>G5==K9 <8;8F88 ?> <8:@>@09>=C ! 3 0 , AB0@H0O ?> 4><C C;. 0:8 #@<0=G5, 2 9 . =8F80B820 45?CB0B>2 =0H;0 ?>445@6:C 2 86=5:0<A:>< 3>@>4A:>< !>25B5, C?@02;5=88 2=CB@5==8E 45; 8 A@548 >1I5AB25==>AB8 <8:@>@09>=0.
K?>;=OO =>@<K 70:>=>40B5;LAB20 8 A>3;0A=> #AB02C 3>@>40 > ?>4>BG5B=>AB8 8 ?>4:>=B@>;L=>AB8, 86=5:0<A:89 3>@>4A:>9 !>25B 2 8AB5:H5< 3>4C ?@54AB028; 8718@0B5;O< >BG5B > A2>59 45OB5;L=>AB8 2 2 0 0 8 3>4C. !>3;0A=> CB25@645==><C 3@0D8:C A 2 7 O=20@O ?> 1 9 D52@0;O 2 0 0 9 3>40 2 8718@0B5;L=KE >:@C30E 1K;> ?@>2545=> 2 7 A>1@0=89 ?> >BG5B0< 45?CB0B>2 3>@>4A:>3> !>25B0.
A>15==>ABLN MB8E 2AB@5G 1K;> B>, GB> ?5@54 =0A5;5=85< >BG8B0;8AL =5 B>;L:> 45?CB0BK, @C:>2>48B5;8 8A?>;=8B5;L=KE :><8B5B>2 <C=8F8?0;L=>3> @09>=0 8 3>@>40, => 8 CG0AB:>2K5 C?>;=><>G5==K5 <8;8F88.
A53> =0 A>1@0=8OE CG0AB2>20;> 4 3 5 2 68B5;O. A5 ?>ABC?82H85 2> 2@5<O 2AB@5G ?@54;>65=8O 8 70<5G0=8O 1K;8 >1>1I5=K, ?@>0=0;878@>20=K 8 =0?@02;5=K 2 04@5A @C:>2>48B5;59 8A?>;=8B5;L=KE :><8B5B>2 4;O >@30=870F88 @01>BK ?> ?@8=OB8N :>=:@5B=KE <5@.
4=>9 87 206=59H8E A>AB02;ONI8E 45OB5;L=>AB8 45?CB0B>2 3>@>4A:>3> !>25B0 O2;O5BAO @01>B0 2 >:@C30E. -B> - @53C;O@=K5 ?@85<K 45?CB0B0<8 A2>8E 8718@0B5;59, 2AB@5G8 8 >BG5BK > 2K?>;=5=88 ?@542K1>@=>9 ?@>3@0<<K, >1E>4K <8:@>@09>=>2, 4><>2, CG@5645=89 >:@C30 8 4@C30O =5D>@<0;L=0O @01>B0 A 8718@0B5;O<8.
;O 8=D>@<8@>20=8O =0A5;5=8O > 40B5 8 <5AB5 ?@>2545=8O ?@85<>2 8718@0B5;59 3@0D8: ?@85<>2 1K; >?C1;8:>20= 2 A@54AB20E <0AA>2>9 8=D>@<0F88, 0 B0:65 @07<5I5= =0 >D8F80;L=>< A09B5 86=5:0<A:>3> <C=8F8?0;L=>3> @09>=0.
5?CB0BK ?@>2>48;8 ?@85<K AB@>3> ?@845@6820OAL >?C1;8:>20==>3> 3@0D8:0. 0 2 0 0 9 3>4 :064K9 45?CB0B ?@>25; >B 1 0 4> 2 1 ?@85<0 8718@0B5;59. 45?CB0B0< =0 ?@85<K ?@8H;8 1>;55 7 0 0 8718@0B5;59.
2 0 0 9 3>4C 2 86=5:0<A:>< 3>@>4A:>< !>25B5 A>740= 8=AB8BCB ?><>I=8:>2 45?CB0B>2. A53> ?><>I=8:>2 45?CB0B>2 2 9 G5;>25:, 87 =8E 1 2 ABC45=BK 2KAH8E 8 A@54=8E A?5F80;L=KE CG51=KE 702545=89, ?>15482H85 2 :>=:C@A5 <>;>456=>3> ?>;8B8G5A:>3> ?@>5:B0 845@K <>;>4>3> ?>:>;5=8O .
><>30O 45?CB0B0<, ?><>I=8:8 2708<>459AB2CNB A ?@54A540B5;O<8 A>25B>2 B5@@8B>@80;L=>3> >1I5AB25==>3> A0<>C?@02;5=8O, CG0AB2CNB 2> 2@5<O ?@85<>2 8718@0B5;59, @07@010BK20NB ?@>3@0<<K ?> @01>B5 A 45BL<8 8 <>;>456LN <8:@>@09>=>2, 2KO2;ONB 68B5;59, ?>?02H8E 2 A;>6=CN 687=5==CN A8BC0F8N, 8ICB A?>A>1K 8< ?><>GL. 5?CB0BK 70459AB2>20;8 A2>8E ?><>I=8:>2 8 2 @01>B5 45?CB0BA:8E ?>AB>2 ?> :0?8B0;L=><C @5<>=BC <=>3>:20@B8@=KE 68;KE 4><>2.
B5G5=85 2A53> ?@54K4CI53> 3>40 86=5:0<A:89 3>@>4A:>9 !>25B AB@>8; A2>N @01>BC =0 ?@8=F8?0E >B:@KB>AB8 8 3;0A=>AB8 4;O A2>8E 8718@0B5;59 8 >1I5AB25==>AB8 3>@>40. 0B5@80;K > 45OB5;L=>AB8 3>@>4A:>3> !>25B0, ?>AB>O==KE :><8AA89 8 45?CB0BA:>9 3@C??K 48=0O >AA8O ?C1;8:>20;8AL =0 AB@0=8F0E 3075B 86=5:0<A:0O ?@0240 , "C30= O: , @07<5I0;8AL =0 >D8F80;L=>< A09B5 86=5:0<A:>3> <C=8F8?0;L=>3> @09>=0 8 >A25I0;8AL 2 =>2>ABOE 8 ?5@540G0E 86=5:0<A:>9 B5;5@048>:><?0=88 B5;5:><?0=88 -D8@ .
5?CB0B0<8 3>@>4A:>3> !>25B0 2 2 0 0 9 3>4C AB0;8 2K?CA:0BLAO 3075BK 4;O 68B5;59 A2>8E 8718@0B5;L=KE >:@C3>2: 0D8OB>2K< . . 3075BK ?>4 =0720=85< C;LA <8:@>@09>=0 , 02;>2>9 ". . 0H0 687=L , (C9A:8< . . 2 8 - <>;>456=K9 , (0@0D552K< . $. 5AB8 .
5?CB0BK ?>445@60;8 8=8F80B82C >AC40@AB25==>3> !>25B0 8 8=8AB5@AB20 >1@07>20=8O 8 =0C:8 5A?C1;8:8 "0B0@AB0= 8 ?@8=O;8 0:B82=>5 CG0AB85 2 ?@>2545=88 0@;0<5=BA:>3> C@>:0 2 >1I5>1@07>20B5;L=KE CG@5645=8OE 3>@>40.
86=5:0<A:89 3>@>4A:>9 !>25B 1C45B 8 2?@54L AB@>8BL A2>N @01>BC 2 A>>B25BAB288 A 70:>=>40B5;LAB2><, =0?@02;OBL 2A5 CA8;8O =0 A>E@0=5=85 >1I5AB25==>- ?>;8B8G5A:>9 AB018;L=>AB8 2 3>@>45, >15A?5G5=85 1;03>?>;CG8O 8 4>AB>9=>9 687=8 =86=5:0<F52.
0<5AB8B5;L ;02K
3>@>40 86=5:0<A:0 . 8==C;;8=
P A G E
P A G E 2
| ~ . 0 ̢ ^ ` ʧ ̧ @ B ڪ ܪ J L R T Ȯ ʮ * , V X ` b X Z B D ~ ^ ` " $ и Ҹ ڹ ܹ v x к Һ Z \ hL CJ OJ QJ ^J aJ $hL hL CJ NH OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ Q ξ о p r > @ F H x z n p
. 0 J L z | \ ^ p r r h_ CJ OJ QJ ^J aJ #hL hL 5CJ OJ QJ ^J aJ $hL hL CJ NH OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ hL CJ OJ QJ ^J aJ D P D ~ 0 b b ( ` gdL `gdL dh -D M
`gd_ dh `gd_ r t N P z | \ ^ J L ( * : < F H \ ^ b d ~ X Z l n P R . 0 ^ ܹ-hL hL B*CJ NH OJ QJ ^J aJ ph )hL hL B*CJ OJ QJ ^J aJ ph hBl CJ OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ $hL hL CJ NH OJ QJ ^J aJ @^ ` . 0 h j > @ ^ ` F H f h ( ^
" $ & ( h ܤj h_ 0J Uhs j hs UheS CJ OJ QJ ^J aJ hL CJ OJ QJ ^J aJ h/ CJ OJ QJ ^J aJ h7 CJ OJ QJ ^J aJ hL hL CJ OJ QJ ^J aJ $hL hL CJ NH OJ QJ ^J aJ 8 &`#$gdBl heS CJ OJ QJ ^J aJ hs h' 0J mH nH uh_ j h_ 0J U
h_ 0J
5
01h:p5qM . A!n"7#h$h% ~ $$If l !v h5 5#v #v:V l
t 6 5 5 / / al ~ $$If l !v h5 5#v #v:V l
t 6 5 5 / / al p $$If l !v h5 5#v #v:V l
t 6 5 5 / al p $$If l !v h5 5#v #v:V l
t 6 5 5 / al q D y K s u b _ 1 0 0 $$If !v h5 Z5[#v Z#v[:V l
t 0 65 Z5[ h @ h -KC 1KG=K9 $1$ 7$ 8$ H$ `a$$ CJ OJ QJ ^J _HaJ mHsHtH d A@ d & A=>2=>9 H@8DB 0170F0, =0: =0:1 =0: X i@ X 1KG=0O B01;8F0 4
l 4 a . k .
5B A?8A:0 z O z
-KC =0: =0:1 * $ d d 1$7$8$H$[$\$` a$ CJ OJ QJ ^J aJ mH sH tH @ -KC
!5B:0 B01;8FK 7 :V 0 $1$ 7$ 8$ H$ `a$ J @ J Bl 86=89 :>;>=B8BC;
E$ 4 )@ !4 Bl ><5@ AB@0=8FK lj
/ : ; e
% & ' + @ A B C l T G 7 0 9 : ; < H a s D y 6 !
# _$ % x& r( ) * ', . w/ U1 K2 `3 m4 W5 6 : < = > _A C TE F I K M O Q Q sR KS T U V W sX Z \ ^ ^ _ ` a b c De /g /h
i i i i j Dj Ej Fj Hj Kj [j \j ]j hj ij mj 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 @ 0 8 @ 0 8 @ 0 < @ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 p 0 0 p 0 p 0 p 0 0 0 0 p 0 p 0 0 p 0 p 0 0 0 0 p 0 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 0 0 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 0 H 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 P 0 0 P 0 p 0 p 0 p 0 p 0 0 p 0 p 0 p 0 p 0 ` 0 p 0 p 0 p 0 p 0 p 0 p 0 p 0 z0 0 z0 0 z0 0 z0 0 z0 0 @ 0 @ 0 0 ` $ $ $ '
< $$ F *c r ^ : ? A B C E G H J
L
` ] ; = > @ D F I < lj X ' ! ! s u b _ 1 s u b _ 2 s u b _ 3 mj / mj Ɏ < ; mj D mj C *urn:schemas-microsoft-com:office:smarttagsmetricconverter 4 2 3 5 7 0 , 3 ProductID : ;
% ' * + - . 5 6 @ ^ _ i j 0 8 H P " " ) ) 1 1 '1 81 2 2 8 8 > > zE E ZR `R EZ MZ Z Z [ [ f f g g h h i i 8j Cj Fj Fj Hj Hj Ij Ij Kj Lj Nj Oj Qj Rj jj mj . / 9 ; d e
$ ' * + ? ] j S T F R _ q
g r G \ " " ?- A- w0 y0 0 0 C6 N6 8 : d> u> ? ? kH vH ?K LK N N W rX >Y Z a a a a 'e <e of {f Fj Fj Hj Hj Ij Ij Kj Lj Nj Oj Qj Rj jj mj B : < H s j Ej Fj Fj Hj Hj Ij Ij Kj Lj Nj Oj Qj Rj jj mj Fj Fj Hj Hj Ij Ij Kj Lj Nj Oj Qj Rj jj mj 1 ' & + vd RM ( s# OQ% k- / 8s6 7 }9 aZ; z> -KC F 5qM eS HoU ebe Bl m Fpr g4u <Lw V% bQ ' < s L Y _ Gl
A5 m v U
& ' + @ A B C l 0 9 : mj a0 a0 @ ; ; @; ; ; 4 5 lj
U n k n o w n G z T i m e s N e w R o m a n 5 S y m b o l 3& z A r i a l 5& z a T a h o m a " 1 e ܆ww L jZ 6 jZ 6 $ nhx 4 d j j 2q HX
? RM @>5:B 1 1 Oh +'0 t
$ 0 <
H T \ d l 1 Normal 1 rm 15 m Microsoft Word 10.0 @
@ KQ@ {
@ KQ jZ ՜. +,D ՜. +,4 h p |
1 0 6 j A
8 @ _PID_HLINKS A H s u b _ 1 0 0
! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? @ A B C D E F G H I J K L M N O P Q R S T U V W X Y Z [ \ ] ^ _ ` a b c d e f g h i j k l m n o p q r s t u v w x y z { | } ~ R o o t E n t r y F U
R D a t a
1 T a b l e " W o r d D o c u m e n t 7 S u m m a r y I n f o r m a t i o n ( D o c u m e n t S u m m a r y I n f o r m a t i o n 8 C o m p O b j j
F Microsoft Word
MSWordDoc Word.Document.8 9q