LĂŚs starten af ...
,"1*5&-
7FOOFSOF -JOVT NPCJMUFMFGPO CFHZOEUF BU SrCF TJH I KMZEU PH HFOUBHFOEF OFUPQ TPN IBO USgEUF VE GSB CBHFSFO &O EBNF EFS WBS Qg WFK JOE Tg MFUUFSF GPSBSHFU Qg IBN -JOVT IPMEU BQQBSBUFU GSFN (F FS CBSF HFOOF IFS NVNMFEF IBO NFE LMJTUSFU SPNLVHÝ MFHBOF %BNFO TBHEF JOHFOUJOH NFO TLZOEUF TJH GPSCJ % SFO TNrLÝ LFEF PH FGUFSMPE FO LPSU MJGMJH CSJTF BG GSJTL CS E PH LBHFS 1g EJTÝ QMBZFU TUPE EFS -- SJOHFS -JOVT CFTWBSFEF PQLBMEFU %FU FS +FSOIBOETLF )WB Tg -ZOOrWF &S EV GSJTL Qg BU TMBZ F OPHMF ESBHFS PH EJSLF FU QBS KPNGSVCVSF PQ +FH IgCFS EV FS BMFOF M E )BMGEBOT TUFNNF J EFO NPETBUUF FOEF %V IVTLFS OPL BU WJ BMESJH CSVHFS IFMUFOBWOFOF NFENJOESF WJ FS BMFOF PH LVO OgS JOHFO NFE TJLLFSIFE MZUUFS 4MBQ BG KFH TUgS VEFO GPS LMFKOFGSrTFSFO )FS FS LVO FO LBMÝ WFLOrFU QFLJOHFTFS PH GJSF HSgTQVSWF JOEFO GPS I SFWJEEF %V USPS WFM JLLF OPHFO BG EFN GPSTUgS EBOTL %FU LB NBO BMESJH WJEF QgTUPE )BMGEBO +FH IBS MrTU PN LZCFSOFUJTLF SPCPUGMVFS TPN EFO BNFSJLBOTLF IrS IBS VEWJLMFU UJM BU GMZWF JOE Qg GKFOEFOT UFSSJUPSJVN GPS BU BGMZUUF IFNNFMJHIFEFS -JOVT HSJOFEF (PEU OPL FS -FP -ZOOrWF PH +ZSL +FSOIBOETLF TFKF NFO KFH USPS THV JLLF WPSFT SPMMFTQJMTGJHVSFS VEH S EFO TUPSF TJLLFSIFETÝ SJTJLP GPS 64" %FU FS QSJODJQQFU NFOUF )BMGEBO 4g IPME MJHF Qg QBSBOPJBIBUUFO +FH UKFLLFS
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
JOVT EFMUF SFTUFO BG SPNLVHMFO J NJOESF CJEEFS PH TNFE TUVNQFSOF OFE UJM IVOEFO PH GVHMFOF "MMF TPN cO HJL M T Qg CBHWrSLFU 7J IBS HS OU MZT BHFOU 12 %&'$0/ *OHFO BG EZSFOF FS BOJNBUSPOJDT %F rEFS SPNLVHMFS TPN PN EF WBS CFUBMU GPS EFU )PME OV LrGU -JOVT %V LV THV HPEU UB PH WrSF MJEU NFSF TFSJ T NFE -FP PH +ZSL %FU FS KFH EB PTTF 'BLUJTL Tg TFSJ T BU KFH IBS BSSBOHFSFU FU OZU BEWFOUVSF WJ TLB PN CPSE J )WBE "GMZUUFS EV BMESJH EJO TWBSFS +FH MBHEF FO CFTLFE UJM EJH LMPLLFO J NPSHFT +FH IBS I SU EFO +ZSL UJM -FP 5SrL NVTLFUFSTU WMFSOF Qg PH QVET TOJHNPSEFSEPMLFO 7J TLB VE Qg FO WJHUJH PQHBWF 1BSLcS S WFO VEFO GPS 4UJMMFMZ OVNNFS QSrDJT LMPLLFO )WB CFUZEFS EcU WgT %cU KFH TJHFS -JOVT ESPQQFEF CPNCFO +FH IBS IZSFU FO QSPGGFS UJM BU TLSJWF FU PSEFOUMJHU FWFOUZS UJM -FP PH +ZSL 1SPG )WB TOBLLFS EV PN &S NJOF NPEVMFS NgTLF JLLF HP F OPL MrOHFSF +P KP EFU PLBZ KFH TZOFT NgTLF OPL EFU TJETUF WBS MJEU UZOEU NFO 5ZOEU )WB NFOFS EV NFE UZOEU -JOVT UPH FO EZC JOEgOEJOH "MUTg OgS EV OV TFMW CSJOHFS EFU Qg CBOF 5P SJEEFSIFMUF GgS UJM PQHBWF BU GJOEF 3 EIrUUFT CFETUFNPST GPSTWVOEOF I SFBQÝ QBSBU PH EFU NFTU TJOETPQSJWFOEF EFS TLFS FS BU WJ GBMEFS PWFS PMÝ EJOHFOT TUPL 0H Tg MJHHFS I SFBQQBSBUFU CBSF J LPNNPEFTLVGÝ GFO IWPS IVO JLLF LB IVTLF BU IVO IBS MBHU EFU GPSEJ IVO IBS "M[IFJNFS %cU LBMEFS KFH THV TLSBCFU SVHCS E )BMGJF %FS WBS
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
JLLF FOHBOH FO VMW NFE J IJTUPSJFO %FU FS BMUTg TWrSU BU OBUQJTTF J EZOFO PWFS EFO TMBHT %FS WBS FO VMW NFE PH JEFFO WBS BU I SFBQQBSBUFU WBS FO EFUPÝ OBUPS UJM FO CPNCF TPN TLVMMF CSVHFT NPE VMWFO 4PN BMUTg JLLF MJHF VEHKPSEF OPHFO GBSF GPS IWFSLFO PT FMMFS CFETUFNPSFO GPSEJ EFO WBS CMFWFU UJM SPBELJMM VEF Qg NPUPSWFÝ KFO %V GPSUBMUF PWFO J L CFU BU 'BMDL LPN PH GKFSOFEF LBEBWFÝ SFU )WFN GBOEFO IBS OPHFOTJOEF I SU PN 'BMDL FMMFS NPUPSWFKF J FWFOUZSFU PN 3 EIrUUF /gSI KB KFH IBS IBGU FO XSJUFS T CMPDL HSZOUFEF )BMGEBO TgSFU %V LB THV EB JLLF GPSWFOUF 3JOHFOFT )FSSF IWFS HBOH 0H Tg WBS EFS EcO NFE .BSTCPFSOF TPN BMESJH JOWBEFSFEF +PSEFO GPSEJ EFSFT LPNQBT JLLF WJSLFEF PH EF GM K UJM EFO GPSÝ LFSUF QMBOFU %FO WBS HPEU OPL PTTF UZOE %V TLSJWFS KP BMESJH OPHFU %V WFE VENrSLFU BU UFHOJOH FS NJO TUrSLF TJEF GPSTWBSFEF -JOVT PH TLSBCFEF SPNLVHMFNBTTF VE BG HBOFO (F FS HFSGPS KFH MBWFS MBOELPSU +B PH EF FS THV JLLF GSB ,SBLT CFE )BMGEBO 4JETUF HBOH HJL WJ J SJOH PUUF TUFEFS GPSEJ EJU LPSU JLLF QBTTFEF PH EFU FOEUF NFE BU WJ CMFW SJTUFU BG FO JMETQZFOEF LrNQFLBNrMFPO 4PN EV IBWEF TLSFWFU JOE J FWFOUZSFU )WPSOgS WBS EFS TJETU JMETQZFOEF LrNQFLBNrMFPOFS J NJEEFMBMEFSFO %FU WBS KP GBOUBTZ JLLF 4g LPN TFMW NFE OPHFU EFS WJSLFS %FU FS MJHF QSrDJT NJO QPJOUF 7J FS IBNNFSHP F UJM BU HFOÝ OFNG SF SPMMFTQJM TPN BOESF IBS TLSFWFU NFO OgS WJ MBWFS WPSFT FHOF HgS EFU PQ J "OEFST "OE +FH IBS BMESJH CFOZUUFU "OEFST "OE J OPHFU NPEVM /FK NFO EFU FOEFS EFU OPL NFE %FSGPS GJL KFH EFO JEc BU WJ LV CSVHF MJEU IKrMQ VEFGSB %FS CMFW FO QBVTF J UFMFGPOFO -JOVT FS EFS OPHFU EV JLLF IBS GPSUBMU NJH
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
INNN )WB IBS EV HBOH J 4MBQ OV BG %FU FS IFMU VTLZMEJHU %V WFE IFOEF "OOJLB EFS TJEEFS J L SFTUPM PH TPN IBS FO TVQFSHP GBOUBTJ )BMGEBO BGCS E IZTUFSJTL J EFO BOEFO FOEF %V IBS EB WFM GPS IFMWFEF JLLF USVLLFU FO QJHF JOE J WPSFT QSJWBÝ UF SPMMFTQJMTUSJQ )WB TLFS EFS GPS EJH )BS EV GgFU WJSVT Qg IBSEÝ EJTLFO , M OV OFE PH I S FGUFS +FH TFOEUF IFOEF CBSF FO NBJM PH TQVSHUF PN IVO LVOOF TLSJWF FU BEWFOUVSF UJM PT %FU FS EFU IFMF %FU IFMF IZMFEF )BMGEBO 4PN PN EFU JLLF WBS OPL %V IBS CSVEU WPSFT FE PN BMESJH BU S CF IWFN -ZOOrWFO PH +FSOIBOETLFO FS %FU IBS KFH EB JLLF "OOJLB LFOEFS PT LVO VOEFS WPSFT ErLÝ OBWOF )VO BOFS JLLF BU EV FS -FP PH BU KFH FS +ZSL %V IBS TQPJMFU WPSFT IFNNFMJHF JEFOUJUFU QgTUPE )BMGEBO %FU TWBSFS UJM BU %JDL (SBZTPO S CFS BU #SVDF 8BZOF FS #BUNBO PH IBO TFMW FS 3PCJO )WPSGPS TLB EV WrSF #BUNBO QSPUFTUFSFEF -JOVT IBMWÝ LOPUUFO PWFS EFO BOEFOT SFBLUJPO %FU LB EB MJHF Tg HPEU WrSF NJH +FH FS I KFTU 4g LB EV WrSF 3PCJO #BUNBO WJMMF THV EB BMESJH S CF TJO FHFO FMMFS 3PCJOT JEFOUJUFU EJO O E &SHP Ng EV WrSF 3PCJO FMMFS #BUIVOEFO %V FS PTTF UP NgOFÝ EFS ZOHSF FOE NJH PH 3PCJO FS ZOHSF FOE #BUNBO +FH GPSTUgS JLLF IWPS EV WJM IFO %FO FOFTUF EFS WFE BU WJ TLB CSVHF FU FWFOUZS FS "OOJLB PH IVO TJEEFS J FO L SFTUPM PH LB JLLF FOHBOH WJQQF NFE TUPSFUgFO 4JH NJH IWPS MrOHF IBS EV FHFOUMJH WrSFU Qg OFUUFU +FH IBS OFNMJH 3VOEFUgSO UJM TBMH PH EV TLB Gg EFU CJMMJHU "OOJLB LB WrSF IWFN TPN IFMTU 5ZTLMBOET MBOECSVHTNJOJTUFS FMMFS FO ÝgSJH LFNJQSPGFTTPS NFE CPEFHBWPN PH IBOH UJM #BSCJFEVLLFS
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
0N IVO Tg FS GPSNBOE GPS %BOTL ,MPBLTVHFSGPSFOJOH FS EFU THV EB MJHFHZMEJHU TOFSSFEF -JOVT %FU FS FU SPMMFTQJM NBOE *LLF TUFOUBWMFSOF UJM %F 5J #VE %FS CMFW FO MrOHFSF QBVTF J UFMFGPOFO IWPS )BMGEBO LOBTFEF LBSUPGGFMDIJQT PH ESBL DPMB -JOVT WJETUF BU EFU TNBSUFTUF WBS BU HJWF LBNNFSBUFO UJE UJM BU TZOLF LBNFMFO )BO GJTLFEF FU SPTFOÝ CS E PQ BG QPTFO %FU WBS TVLLFS OPL Qg UJM BU ErLLF FO UFOOJTÝ CBOF 1FLJOHFTFSFO Tg GPSWFOUOJOHTGVMEU Qg IBN -JOVT UPH FO PSEFOUMJH CJE BG CBHWrSLFU PH NrSLFEF FO TLrSFOEF TNFSUF J EFO I KSF LJOEUBOE "VVW GPS )WB MBWFS EV OV TQVSHUF )BMGEBO %FU FS CBSF FO BG NJOF UrOEFS EFS H S POEU +FH USPS THV EFS FS IVM J EFO %FU USPS EB QPLLFS TgEBO TPN EV rEFS TMJL PH LBHFS -JOVT TNFE SFTUFO BG XJFOFSCS EFU OFE UJM IVOEFO %V TLB THV EB O EJHU TOBLLF ,*.4 LV HPEU MVLLF IWJT EV GMZUUFEF VEFOMBOET (B HPGGFMDIJQT FS TVOEF LOBTFEF )BMGEBO %FU FS LBSUPGMFS %FS FS NBTTFS BG CJOEFNJEEFM J )WJMLFU FS NFSF FOE NBO LB TJHF PN EJO IKFSOF )BMGEBO TLZMMFEF FGUFS NFE DPMB PH TUBSUFEF FU BG TJOF SrCFÝ TIPXT -JOVT TVLLFEF )BMGEBO LVOOF WrSF VUSPMJHU JSSJUFSFOEF #BSF GPSEJ IBO LVOOF C WTF Qg LPNNBOEP %FU WBS THV EB JLLF OPHFU UBMFOU 4FMW PN -JOVT JOEFSTU JOEF CFVOESFEF EFU NFO EFU TBHEF IBO TFMWG MHFMJH BMESJH I KU *TrS TVQQPSUFU NFE TPEBÝ WBOE WBS )BMGEBO WJSUVPT )BO CFHZOEUF Qg +FH FO HgSE NJH SrCF WJM EFS TLBM WrSF DPMB UJM -JOVT BGCS E IBN NJEU J WFST 'JOU KFH NBJMFS UJM "OOJLB BU CFTUJMMJOHFO FS BGMZTU PH Tg GJOÝ EFS IVO BMESJH VE BG IWFN WJ FS #PSUTFU GSB BU OV IBS EV MJHFTPN BMMFSFEF ESPQQFU EFKFO IBMWWFKT J
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
VOEFSIZMFSOF "OOJLB FS JLLF EVN %FU LB NBO TF Qg IFOEFT NBJMT 7J FS O EU UJM BU GJOEF VE BG PN IVO FS EFO IVO HJ S TJH VE GPS BU WrSF Tg WJ WFE PN EFS FS SJTJLP GPS BU IVO S CFS -FP PH +ZSL 5JM IWFN TQVSHUF -JOVT VOESFOEF %V TOBLLFS PN -FP PH +ZSL TPN PN EF FS BHFOUFS GSB .* "MUTg CBSF GPSEJ EV JLLF UB S WPSFT SPMMFTQJMTGJHVSFS TFSJ TU LB KFH KP HPEU H SF EFU JLLF (V UB S KFH EFN TFSJ TU 7J FO VTFSJ T QFSTPO NgTLF CFTUJMMF FU IFMU BEWFOUVSF .FO PLBZ Tg HgS KFH IKFN PH NBJMFS UF IFOÝ EF BU WJ IBS LZMMJOHFU VE FMMFS SFUUFSF EV IBS %V H S JOHFOUJOH G S WJ IBS VOEFST HU IWFN "OOJLB FS QSPUFÝ TUFSFEF )BMGEBO 7J N EFT LMPLLFO VE GPS 4UJMMFMZ OVNNFS )WPS FS EcU J WSJHU IFOOF +FH TZOFT BESFTTFO WJSLFS CFLFOEU %FU FS Qg FO WJMMBWFK PWSF CBH TW NNFIBMMFO )WJT EV TUgS GPSBO IBMMFO NJOVUUFS G S LB WJ G MHFT EFSIFO +FH IBS LJHHFU Qg FU LPSU 'PSIgCFOUMJH JLLF FU BG EJOF FHOF LOVSSFEF )BMGEBO /FK FU BG EJOF -VL S WFO NJOVUUFS J BOE CF TIBSQ * MJHF NgEF )WJT EV JLLF LB GJOEF EFU Tg UB FO UBYB 1g EJO SFHOJOH %V ES NNFS +B PN EFO TUPSF MPUUPHFWJOTU )PME OV LrGU PH TLSJE 4LSJE TFMW (V WJM KFH FK #rOBLLF 3 W SF 'FEUIPWFE &S WJ Tg HP F WFOOFS JHFO
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
%FU CMJ S WJ BMESJH 4LJEF HPEU 7J TFT 4LSVC BG 0LBZ
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
,"1*5&-
#VTLIVTFU %FU FS WrSSF FOE KFH G STU USPFEF NVNMFEF )BMGEBO +FH WJEÝ TUF KFH IBWEF I SU EFO BESFTTF PNUBMU )BO PH -JOVT TUPE VE GPS 4UJMMFMZ OVNNFS ,MPLLFO WBS Qg FO PWFSTLZFU EBH PH EFS WBS JLLF BOESF Qg WFKFO FOE EF UP ESFOHF %F Tg SgEWJMEF JOE Qg CVTLIVTFU TPN WBS LFOEU BG BMMF C SO PH VOHF J CZFO %FU FS OPL CBSF WBOESFIJTUPSJFS NFE EFU IVT GPST HUF -JÝ OVT %V WFE KP IWPSEBO TMBEEFSFO HgS 4FS EFU NgTLF TgEBO VE TQVSHUF )BMGEBO +FH IBS THV JLLF MZTU UJM BU Hg EFSJOE TFMW PN EFU FS EBH #VTLIVTFU WBS JLLF TrSMJH TUPSU %FU Mg DBNPVGMFSFU TPN FU MJMÝ MF HSgU TUFOEZS JOEF J HBCFU Qg FO LrNQFNrTTJH TMZOHQMBOUF EFS Qg EFU OrSNFTUF IBWEF CFNrHUJHFU TJH IFMF CZHOJOHFO 6EF GSB WFKFO LVOOF NBO I KTU TF MJEU BG IPWFEE SFO UP TNg WJOEVÝ FS PH FO USFEKFEFM BG UBHFU IWPSGSB FO TQJOLFM TLPSTUFO LJHHFEF PQ NPE EFO HSg IJNNFM OrTUFO TPN PN IVTFU GJL MVGU BE EFO WFK (SVOEFO TPN I SUF UJM GBWOFEF OPL USF BMNJOEFMJHF WJMMBIBWFS NFO J NPETrUOJOH UJM EF PNLSJOHMJHHFOEF NBUSJLMFS WPLTFEF BMU WJMEU IFS (SrTTFU TUSJUUFEF MgSI KU rCMFUSrFSOF USBL J IJOBOÝ EFOT LSPHFEF HSFOF PH TMZOHQMBOUFS PSNFEF TJH VE PH JOE NFMÝ MFN EF LSBU EFS NBSLFSFEF HSVOEFO NPE BMMF WFSEFOTIK SOFS /PHMF QgTUPE BU CVTLIVTFU WBS GPSIFLTFU BOESF BU EFU TQ HUF EFSJOEF %F WPLTOF TBHEF BU EFU TgNrOE CBSF TUPE UPNU PH WBS BSWFU BG cO EFS BMESJH LPN PH Tg UJM EFU NFO EcO L CUF NBO JLÝ LF J C SOFWFSEFOFO IWPS EFS WBS VUBMMJHF NFOJOHFS qO UFPSJ HJL Qg BU EFS CPFEF FO NFHFU HBNNFM PH IFMU IWJE
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
BMCJOPNBOE CBH EF HSg HBSEJOFS FO NZTUJTL FLTJTUFOT TPN JLLF IBWEF WrSFU VEFO GPS IVTFU J gS NFO BMMJHFWFM WBS J TUBOE UJM BU PWFSMFWF EFSJOEF "OESF IrWEFEF BU EFU WBS WBNQZSFS TPN TFMWÝ G MHFMJH LVO LPN VE FGUFS TPMFO WBS HgFU OFE %FS WBS VOEFS BMMF PNTUrOEJHIFEFS JOHFO UWJWM J EF GMFTUF CBSÝ OFTJOE PN BU TUFEFU WBS VOEFSMJHU PH CVSEF VOEHgT &O EFM ESFOÝ HF IBWEF GPST HU BU IrSHF CVTLIVTFU NFO EFU HJL Qg TBNNF NgEF IWFS HBOH /gS FO LBTUFS QS WFEF BU TNBESF WJOEVFSOF NFE TUFO FMMFS VNPEOF rCMFS SBNUF EF FOUFO JLLF FMMFS TLZUTFU QSFMMFEF BG Qg SVEFSOF 0H EF EFS FLTQFSJNFOUFSFEF NFE HSBGGJÝ UJ GBOEU IVSUJHU VE BG BU NBMJOH IBOH EgSMJHU GBTU Qg NVSFO PH BU EFU VOEFS BMMF PNTUrOEJHIFEFS WBS GKFSOFU OrTUF HBOH EF LPN GPSCJ -JOVT PH )BMGEBO LFOEUF OBUVSMJHWJT PHTg BMMF SZHUFSOF %FSÝ GPS CMFW EF TUgFOEF VEF Qg WFKFO TFMW PN LMPLLFO OrSNFEF TJH QSrDJTU )VO TLSFW BMUTg 4UJMMFMZ OVNNFS TBHEF -JOVT 0H EFU LB JLLF WrSF BOESF TUFEFS %FSOFEF MJHHFS OVNNFS PH EFSIFOOF OVNNFS PH EFS FS FO VCFCZHHFU HSVOE Qg IWFS TJEF BG OVNÝ NFS 5BL NJO GBS FS QPTUCVE KFH LFOEFS HPEU TZTUFNFU TWBSFEF )BMGEBO PH TFOEUF FO TQZULMBU JOE J LSBUUFU /g NFO Tg FS WJ KP TJLSF J WPSFT TBH "OOJLB WBS GBLF %V IBS CMPXFU -FP PH +ZSL UJM FO VLFOEU QFSTPO %FU Ng THV WrSF IFS TBHEF -JOVT TUrEJHU +B EFU LB EFU KP MJHFTPN JLLF WrSF WFM .FENJOESF IVO FS WBNQZS FMMFS IFLT %FS TLFS WFM JLLF OPHFU WFE BU LJHHF JOE HFOOFN WJOEVFSOF )VO TLSFW BU WJ TLV LSBWMF EcO WFK 7J Ng JLLF SJOHF Qg GPSEJ IFOEFT GBS TPWFS Tg WJ TLB VOEHg IPWFEE SFO )WFN LSBWMFS JOE BE WJOEVFSOF J FU IVT JOEWFOEUF )BMGEBO .FE VOEUBHFMTF BG JOECSVETUZWF PH [PNCJFS
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
JOVT WJETUF JLLF IWBE IBO TLVMMF TWBSF )BO LVOOF HPEU TF BU EFU WJSLFEF VMPHJTL %FS WBS FU GSZHUTPNU VEUSZL J )BMGEBOT CMg KOF )BO LOFC EFN TBNNFO CBH CSJMMFSOF 0LBZ GPS -FPT PH +ZSLT TLZME 4IJU -JOVT KFH IgCFS EV UrOÝ LFS EJH CFESF PN OrTUF HBOH 5rOL OV QPTJUJWU %FU HgS TJLLFSU NFHFU CFESF FOE WJ USPS %V HgS J BMU GBME GPSSFTU -JOVT SZOLFEF CSZO )WPGGPS EcU 'PSEJ EFU FS EJO BGUBMF UVNQF %FU FS WPSFT BGUBMF 4PN EV IBS MBWFU VEFO NJH +FH USPFEF EV WBS #BUNBO PH KFH WBS 3PCJO 4LVMMF EV Tg JLLF Hg G STU /FK GPS #BUNBO FS TNBSUFSF FOE 3PCJO -JOVT QJMMFEF CFUrOLFMJH WFE FO CVNT J LJOEFO )BO Tg Qg TJU VS 'JOU KFH HgS GPSSFTU NFO WJ HgS JLLF JOEFOGPS NFENJOESF EFS TJEEFS FO QJHF J FO L SFTUPM 5BL GPSEJ EV CSVHUF NJO IKFSOF FU KFCMJL -JOVT SFUUFEF Qg TJO HSg LBTLFU TJLSFEF TJH BU JOHFO Qg WFKFO IPMEU KF NFE EFN PH MJTUFEF IFO BE EFO TNBMMF GMJTFTUJ TPN TOPFEF TJH NFMMFN CSVOF WJOUFSLSBU BG TOFSMFS PH UPSOF )BO WBS LPNNFU IBMWWFKT JOE G S IBO PQEBHFEF BU LBNNFSBUFO TUBEJH TUPE VEF WFE LBOUFO BG HSVOEFO -JOVT WJOLFEF IBN IJETJHU GSFN )BMGEBO LPN HSJOFOEF FGUFS )WB MBWFS EV NBOE IWrTFEF -JOVT +FH TLV MJHF TF PN EV CMFW rEU FMMFS )BMGEBOT TLrWF TNJM GBEFEF )BO HMPFEF IFO Qg CVTLIVTFUT IPWFEE S NFE FU BMBSNFSFU VEUSZL +B KB IWJT EV USPS KFH L CFS EFO UP HBOHF CFHZOEUF -JOVT
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
NFO IBO LVOOF BMMJHFWFM JLLF MBEF WrSF NFE BU G MHF WFOOFOT CMJL )PWFEE SFO J CVTLIVTFU WBS MBW S ENBMFU PH NFHFU BGTLBMMFU *OHFO IBWEF Tg WJEU EF WJETUF OPHFOTJOEF TFU EFO BOEFU FOE MVLÝ LFU %FSGPS WBS PWFSSBTLFMTFO Tg NFHFU TU SSF EB EFO OV MBOHÝ TPNU gCOFEF TJH
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
,"1*5&-
. EFU %F UP ESFOHF TUPE VCFWrHFMJHF NFOT E SFO UJM CVTLIVTFU MBOHÝ TPNU HJL PQ )BO QVETFS IVOEFO Qg PT IWJTLFEF )BMGEBO PH NPPOXBMÝ LFEF -JOVT CBLLFEF NFE )WFN IBO )WB TOBLLFS EV PN %F TUPQQFEF OrS WFKFO NFO EFS TLFUF JLLF BOEFU FOE BU IPÝ WFEE SFO OV TUPE IBMWU gCFO .gTLF TLV WJ IFMMFSF CFHZOEF BU MrHHF QVTMFTQJM GPSFTMPH )BMGEBO +FH FS PTTF WFE BU WrSF USrU BG SPMMFTQJM (V FS EV FK BGWJTUF -JOVT PH HJL GSFN JHFO ,PN Tg FMMFST CSrOEFS WJ BGUBMFO )VO TLSFW LMPLLFO QSrDJTU PH EFU FS EFO OV %F HJL MBOHTPNU UJMCBHF NPE IVTFU %FU CMJ S TOBSU N SLU -JOVT %FS FS UP UJNFS UJM NBOE .JOETU BG BMMF VMZLLFS TLFS J EBHTMZT -JOVT TBUUF IrOEFSOF J TJEFO +FH WJETUF JLLF BU EJOF GPSrMESF WBS SVHFU VE J FO I OTFHgSE +FH FS THV JLLF OPHFO LZMMJOH QgTUPE )BMGEBO TgSFU .FO EV WF BMUTg JLLF IWFN EFS MVSFS CBH EF HBSEJOFS .gTLF FS EFU FO TFSJFNPSEFS 0H IWPS NBOHF GPSTWVOEOF QFSTPOFS IBS EV MJHFTPN I SU PN IFS J CZFO .gTLF IBS IBO OBLLFU BMMF EFN PGSFOF LFOEFS Tg JOHFO LB GPSUrMMF PN EFU +FH TZOFT EFS FS FO EFM IVTF UJM TBMH GPS UJEFO )WPGGPS CSVHFS EV JLLF EcO GBOUBTJ OgS EV TLSJWFS NPEVMFS
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
%FU LB PTTF WrSF FO TFSJFTPMTPSUFNPSEFS FMMFS FO TFSJFLBUUFÝ NPSEFS HrUUFEF )BMGEBO +FH IBS JLLF MZTU UJM BU TF IBOT TBNÝ MJOH /V Ng EV BMUTg TMBQQF IPW EFS FS IVO KP -JOVT QFHFEF NPE FU MJMMF WJOEVF TPN WBS Qg EFO GKFSOF TJEF BG IPWFEE SFO %F LVOOF MJHF BLLVSBU TLJNUF FU CMFHU BOTJHU CBH HBSEJOFU &S EFU IFOEF IWJTLFEF )BMGEBO PH TUSBLUF IBMT %FU Ng EFU EB WrSF )WPSGPS CFWrHFS IVO TJH JLLF +FH USPS EFU FS FO MPLLFEVLÝ LF &MMFS FU MJH %V WFE THV EB BU IVO FS MBN 4JEEFS J L SFTUPM )VO LB LVO CFWrHF USF GJOHSF 0H IWFN gCOFEF Tg IPWFEE SFO TQVSHUF )BMGEBO )FOEFT NPS WFM +B FMMFS CVUMFSFO %FU LB WrSF IVO IBS TgEBO FO GKFSOTUZSFU FMFLUSPOJTL EJNT UJM BU MVLLF PQ NFE 'JL EV JLLF CFTLFE Qg BU WJ TLV LSBWMF JOE BE WJOEVFU )WPGÝ GPS gCOFS IPWFEE SFO Tg -JOVT OgFEF JLLF BU TWBSF G S IBOT JOEFSMPNNF SrCFEF TJH HFOUBHOF HBOHF )BO GJTLFEF UFMFGPOFO GSFN PH CFTWBSFEF PQÝ LBMEFU TFMW PN EFS JLLF TUPE OPHFU J EJTQMBZFU )BMMP )BO Tg Qg )BMGEBO )FK "OOJLB +B EFU FS PT +ZSL PH -FP 7J LB HPEU TF EJH CBH HBSEJOFU INNN BMUTg JLLF IPWFEE SFO PLBZ EFU H S WJ KB EFU LMBSFS WJ TBHUFOT -JOVT BGCS E TBNUBMFO )BMGEBO NgCFEF %V IBS THV EB JLLF HJWFU IFOEF OVNNFSFU UJM EJO UFMFGPO &MMFST LV IVO OPL JLLF SJOHF UJM NJH WFM &S EV TQMJUSFOEF HBM (J S EV CBSF GSFNNFEF QFSTPOFS EJU
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
OVNNFS PH EJO NBJMBESFTTF PH BMU NVMJHU 4g WJM KFH OFNMJH HFSÝ OF IB EJU %BOLPSU )WPSEBO LB IVO GPS SFTUFO UBMF OgS IVO FS TUVN %FU WBS FO FMFLUSPOJTL TUFNNF )VO TOBLLFS HFOOFN FO DPNQVUFS J IBMTFO %FU WFE EV HPEU -JHF OV WFE KFH JLLF BOEFU FOE BU KFH IFMMFSF WJM TJEEF EFSÝ IKFNNF PH TF .PUPSTBWTNBTTBLSFO NVNMFEF )BMGEBO %F UP LBNNFSBUFS I SUF ErNQFU TU K GSB WJOEVFU /V TUPE EFU Qg LMFN ,PN TBHEF -JOVT ErNQFU %FU FS THV EB TQrOEFOEF )BMGEBO TLrWFEF UJM IPWFEE SFO %FO TUPE GPSUTBU IBMWU gCFO "MU IWBE IBO LVOOF TF JOEF J IVTFU WBS FOEFO BG FO N SÝ OFU M CFS Qg FU TMJEU CSrEEFHVMW PH FU MBWU N CFM IBMWU J TLZHHF -JOVT WBS J NFMMFNUJEFO USgEU PQ Qg FO NJOESF CSrOEFTUBCFM )BO gCOFEF WJOEVFU Qg WJE HBC %FU TBE MJEU I KU )BO TUBL PWFSLSPQQFO JOE J IVTFU PH Tg HFOOFN FU HVMMJHIWJEU HBSEJOTM S "OOJLB TJEEF J L SFTUPMFO )BO TBUUF BG PH NBWFEF TJH PQ J WJOÝ EVFTLBSNFO 4LPTOVEFSOF TLSBCFEF NPE CVTLIVTFUT HSg TUFOÝ WrH TIII TUJMMF TJUSFEF FO TQJOLFM FMFLUSPOJTL TUFNNF J WrLÝ LFS GBS 4PSSZ EFU HMFNUF KFH -JOVT LPN IFMU JOE J WrSFMTFU )BO WFOEUF TJH PH TUBL IPWFEFU VE )BMGEBO TUPE NFE EFO FOF GPE PQQF Qg CSrOEFLOVEFSOF ,BNNFSBUFO U WFEF JHFO )WFN gCOFEF WJOEVFU ,PN OV IWJTLFEF -JOVT VUgMNPEJH )BMGEBO TVLLFEF HSFC GBU PN WJOEVFTLBSNFO PH BSCFKEFEF TJH PQ TUJMMF HFOUPH TUFNNFO GSB L SFTUPMFO * M CFU BG LPSU UJE WBS IBO JOEF %F UP ESFOHF TUPE J FU MZTU PH PWFSSBTLFOEF IZHHFMJHU WrSFMTF
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
Þ IWJT NBO WFM BU NrSLF WBS FO QJHF Qg SBOEFO BG UFFOBHFBMEFÝ SFO 7rHHFOF WBS MZTMJMMB NFE FO IWJE LBOU SVOEU MBOHT MPGUFS PH QBOFMFS 1g EF GBSWFEF GMBEFS IBOH TNg TFSJFS BG OBUVSTLJMEFSJFS J UZOEF HVMESBNNFS %FS WBS OPHMF NFHFU VOEFSMJHF EZS Qg GMFSF BG EFN 5JM I KSF WBS FO HBNNFMEBHT IWJE KFSOTFOH NFE USFNNFS GPS GPEFOEFO PH TFOHFTUPMQFS NFE TNg HVMELVHMFS %FS Mg FU TQSBHÝ MFU UrQQF PWFS EZOFO 7FE IPWFEQVEFO TUBL FU MJMMF U KEZSTIPÝ WFE GSFN PH EFS WBS FU OBUCPSE NFE FU HBNNFMEBHT WrLLFVS NFE UP T MWLMPLLFS * NPETBUUF TJEF TUPE FU TQFDJFMU DPNQVUFSCPSE #PSEQMBEFO WBS EFTJHOFU NFE FO EZC 6ÝJOETLrSJOH Tg L SFTUPMFO LVOOF LPNNF QBTTFOEF UrU Qg TLrSNFO &MMFST IBWEF SVNNFU LVO FO MBWCFOFU LPNNPEF FU TU SSF TQFKM Qg EFO MVLLFEF E S PH FO NBTTF TNg OJQTHFOTUBOEF TPN TUPE J WJOEVFTLBSNFO 7JOUFSWFKSFU WBS NFE cU TLJGUFU 4PMFO TLJOOFEF VEFOGPS FO MVO CSJTF USBL JOE VOEFS HBSEJOFU PH FU QBS GVHMF LWJESFEF J IBÝ WFO )WPSEBO LB CFHZOEUF )BMGEBO PH QFHFEF NPE WJOEVFTÝ LBSNFO NFO -JOVT QVGGFEF UJM IBN 7rSFMTFUT GBTUF CFCPFS CFUSBHUFEF EFN "OOJLB WBS MJMMF BG WrLTU HBOTLF UZOE PH Tg JLLF VE UJM BU WrSF NFHFU NFSF FOE gS TL OU IVO OrSNFEF TJH EF )VO IBWEF FO QrO MZTFHSg KPHHJOHESBHU NFE UZOEF S EF TUSJCFS PH MZTFS EF HVNNJTLP Qg )FOEFT IBMWMBOHF IgS WBS HMBU PH N SLU OrTUFO TPSU PH IVO IBWEF TNg WFMGPSNFEF IrOEFS NFE TQJOLMF GJOHSF %FO FOF IgOE Mg J IFOEFT TL E NFOT EFO BOEFO IWJMFEF Qg L Ý SFTUPMFOT BSNMrO OrS FO TMBHT KPZTUJDL CBHWFE IWJMLFU EFS WBS FO SrLLF TNg LOBQQFS 7FE G STUF TZO WBS EFO MJMMF QJHFT IPWFE MJEU TLSrNNFOEF %FU MJHOFEF FO QVOLUFSFU CBMMPO IWPS MVGUFO IBMWWFKT WBS GPSÝ TWVOEFU NFO FGUFS FO LPSU UJMWrOOJOH NgUUF -JOVT JOES NNF
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
BU "OOJLB GBLUJTL WBS SFU QrO )VO NBOHMFEF CBSF FU LSBOJF UJM BU IPMEF TJOF USrL VETQrOEU )FOEFT KOF TBE EPH QMBDFSFU Qg FO NgEF Tg EF LJHHFEF SFU GSFN -JOVT TZOUFT EFS WBS FO MJWTHMrÝ EF J EFN TPN GPSCBWTFEF IBN OgS NBO UPH QJHFOT TJUVBUJPO J CFUSBHUOJOH &U IBMWU NJOVUT UJE TBHEF JOHFO OPHFU %F USF C SO LJHHFEF CBSF IJOBOEFO VE OrTUFO TPN G S FO XFTUFSOEVFM &O IVNMFCJ TVNNFEF IFOOF WFE WJOEVFTLBSNFO "OOJLB Tg GSB TJO WJOLFM UP KrWOBMESFOEF ESFOHF IWPS EFO FOF WBS FU IBMWU IPWFE I KFSF FOE EFO BOEFO %FO G STUF ESFOH EFS WBS LSBWMFU JOE BE WJOEVFU WBS IFMU IWJEIgSFU PH IBWEF HSgÝ HS OOF TQJMMFOEF KOF )BO WBS UZOE Qg HSrOTFO UJM NBHFS PH MBOHMFNNFU )BOT U K WBS SFU TNBSU TFMW PN EFU IBOH OPHFU %FO BOEFO ESFOH WBS MJEU MBWFSF NFO PHTg TMBOL )BO IBWEF LBTUBOKFCSVOU IgS GJLTF CSJMMFS PH FU NFSF OFSW TU VEUSZL "OOJÝ LB TZOUFT BU IBOT CMg KOF WBS TNVLLF NFO EFO IWJEIgSFEF ESFOH WBS PWFSPSEOFU TFU LMBSU EFO QrOFTUF )VO BLUJWFSFEF KPZTUJDL FU , SFTUPMFO SVMMFEF MJEU GSFN %FU HBW FU MJMMF TrU J ESFOHFO NFE CSJMMFSOF WFMLPNNFO MFP PH KZSL KFH FS NFHFU HMBE GPS BU J LVOOF LPNNF J EBH TJUSFEF TUFNNFO FMFLUSPOJTL EFU FS NJH EFS FS BOOJLB Þ IWJT J TLVMMF WrSF J UWJWM IJ IJ )BMGEBO SFUUFEF Qg CSJMMFSOF )BO PQEBHFEF FO MJMMF T MWGBSWFU NFUBMEJNT Qg QJHFOT IBMT %FU WBS JLLF FO QJFSDJOH TFMW PN EJNTFO TBE GBTU J IVEFO IN IZHHFMJHU BU N EF EJH "OOJLB TWBSFEF -JOVT JN EFÝ LPNNFOEF %FU FS )BM KFH NFOFS EFU FS -FP -ZOOrWF PH KFH FS +ZSL +FSOIBOETLF )BMGEBO 1FEFSTFO QSrTFOUFSFEF IBO QMVETFMJH PH SBLUF IgOÝ EFO GSFN 0H IBN EcS IFEEFS -JOVT -BSTFO 7J LB MJHF Tg HPEU UBMF SFOU VE BG QPTFO OV WJ FS IFS -JOVT EBTLFEF IBN PWFS IgOEFO
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
"VW GPS )BO Tg JSSJUFSFU Qg -JOVT 4g LPN IBO J UBOLF PN BU "OOJLB KP JLLF LVOOF IJMTF )BO S NNFEF TJH GMPW 6OETLZME KFH UrOLUF JLLF MJHF Qg BU EFU H S JOHFOUJOH TJUSFEF "OOJLB G STUF HBOH OPHFO TFS NJH TLBM EF BMUJE MJHF WrOOF TJH UJM TZOFU MrHFSOF WFE JLLF IWBE NJO TZHEPN IFEEFS NFO EFU FS EFO FOFTUF J WFSÝ EFO KFH LBMEFS EFO TFMW GPS BOOJLBT TZOESPN BMMF LOPHMFS J NJO LSPQ FS IFMU CM EF Þ NFE VOEUBHFMTF BG J EF USF NJEUFSÝ TUF GJOHSF Qg I KSF IgOE FMMFST FS BMMF NJOF PSHBOFS PH MJWTGVOLUJPOFS OPSNBMF EF USF CSVHCBSF GJOHSF CFUKFOFS L SFTUPMFO PH CFHHF DPNQVUFSF CgEF EFO EFS TUZSFS NJO UBMF Þ EFO TJEEFS IFS J BSNMrOFU Þ PH EFO Qg CPSEFU KFH LBO PTTF HPEU CMJOLF NFE KOFOF )WJMLFU IVO HKPSEF )BMGEBO TUJSSFEF NFE gCFO NVOE Tg -JÝ OVT JHFO NgUUF QVGGF UJM IBN IN WJ FS WJSLFMJH HMBEF GPS BU CFT HF EJH PNTJEFS NVNMFEF )BMGEBO -JOVT WBS J UWJWM NFO Tg TBHEF KFH /V HgS WJ BMUTg IFO PH I SFS IWB "OOJLB WJM %FU FS EFU NJOETUF WJ LB H SF ,BNNFSBUFO Tg Qg IBN NFE FU VVEHSVOEFMJHU VEUSZL +B EFU HKPSEF EV KP -FP NFO EV FS PTTF Tg TFK +FH WBS QFSÝ TPOMJHU MJEU CFLZNSFU EB KFH Tg BU EV CPS J IVTFU IFS NFTU GPSEJ EFS HgS Tg NBOHF IJTUPSJFS PN EFU J CZFO 4JLLFSU TBU J HBOH BG NJTVOEFMJHF FKFOEPNTNrHMFSF NFOUF )BMGEBO )WB FII CPS EV Tg TBNNFO NFE EJO GBNJMJF FMMFS IWPSEBO "OOJLB CMJOLFEF FO FOLFMU HBOH IWJMLFU EF TOBSU GPSTUPE CFÝ U E KB KFH IBS JOHFO T TLFOEF NJO NPS QBTTFS IVTFU PH IBOEMFS JOE IVO T SHFS GPS BU KFH JLLF N EFS EF GPSLFSUF NFOOFÝ TLFS NFO MJHF OV FS IVO J CZFO Tg WJ CMJWFS JLLF GPSTUZSSFU
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
NJO GBS BSCFKEFS PN OBUUFO PH TPWFS PN EBHFO EFSGPS WJMMF KFH HFSOF IBWF BU J LSBWMFEF JOE BE WJOEVFU Tg J JLLF WrLLFS IBN IBO LBO HPEU WrSF VI GMJH PWFS GPS GSFNNFEF PH IBO FS BMUJE CBOHF GPS BU KFH TLBM IBWOF J GPSLFSU TFMTLBC Þ MJHFÝ TPN NJO NPS FS )BS EV JLLF OPHFO WFOOFS TQVSHUF -JOVT LVO KFS UP IgCFS KFH GPS EFU NFTUF QBTTFS KFH NJH TFMW NFO KFH IBS FO TZHFQMFKFSTLF TPN LPNNFS IWFS NPSHFO GS Ý LFO KFFHJW KFH TQJTFS JLLF SFU NFHFU EB KFH OrTUFO JLLF CSVÝ HFS OPHFO FOFSHJ KFH GgS WrTLF GSB EFO TPOEF TPN IrOHFS J IPMEFSFO CBH Qg L SFTUPMFO GS LFO KFFHJW VOEFSWJTFS NJH PHTg IWFS BOEFO EBH NFO IVO FS JLLF Tg LMPH Tg KFH MrSFS NFTU GSB JOUFSOFUUFU %FU H S WJ PTTF OJLLFEF )BMGEBO JWSJHU %FU WJM TJHF -JOVT TQJMMFS NFTU DPNQVUFS NFO KFH MrTFS NFHFU 4UPSF SPNBOFS PH TgEBO ,BNNFSBUFO TBUUF IrOEFSOF J TJEFO /gSI KB EFU FS SJHUJHU -FP )WB WBS EFU OV EV MrTUF J HgS ,SJH PH GSFE 'JOOFHBOT 8BLF &MMFS 4IBLFTQFBSFT TBNMFEF WrSÝ LFS /rI EFU WBS cO EFS IFE IN %FO 4UPSF rII %FO 4UPSF .VOEEJBSSc /FK EJU Gr )BO TLrWFEF GPSMFHFOU UJM QJHFO J L SFTUPMFO /g EFU FS PTTF MJHF NFHFU -B PT OV I SF IWB EV IBS Qg IKFSUF "OOJLB 'PS EV IBS EB FU IKFSUF JLLF )WPS FS EV gOETTWBH LOVSSFEF -JOVT NFO EFO FMFLUSPOJTLF TUFNNF MP Qg FO TJUSFOEF NgEF KP MFP KFH IBS FU IKFSUF PH EFU TMgS GJOU %FU WBS HPEU )BS EV CFHZOEUF -JOVT +FH GPSTUPE Qg EJO TJETUF NBJM BU FWFOUZSFU FS GrSEJHU KB EFU MJHHFS IFOOF Qg CPSEFU TBHEF "OOJLB
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF
'FEU KVCMFEF )BMGEBO %SFOHFOF TBNMFEF TJH PN FU " ÝBSL TPN -JOVT UPH PQ )BO Tg Qg "OOJLB .g WJ MrTF EFU OV J Ng NFHFU HFSOF CFHZOEF NFE EFU TBNNF 7JM EV TQJMMF NFE TQVSHUF )BMGEBO )WJT EV BMUTg LBO KFH IBS GBLUJTL TLSFWFU FO QBTTJW SPMMF UJM NJH TFMW KFH FS QSJOTFTTFO -JOVT Tg Qg QBQJSFU %FS TUPE JLLF SFU NFHFU Qg EFU NFO EFU TPN TUPE WBS VEQSJOUFU UFLTU -rT OV PQ TBHEF )BMGEBO VUgMNPEJHU -JOVT S NNFEF TJH * FS -FP -ZOOrWF PH +ZSL +FSOIBOETLF QSJOTFTTF 3JFOOBT UP NPÝ EJHF WrCOFSF (g OFE J LrMEFSFO IWJT * U S GJOE EF USF GPSTWVOEÝ OF LSPOKVWFMFS .PSHFOSJOHFO .JEEBHTLrEFO PH "GUFOLSPOFO PH CSJOH EFN IFSUJM 'BSFSOF FS NBOHF PH SJTJLPFO TUPS Tg WrS Qg WBHU PH QBT Qg * GgS QSJOTFTTFOT NBHJTLF WFMTJHOFMTF NFE Qg SFKTFO PH OPHFU BU TUZSÝ LF KFS Qg 'BS WFM CSBWF LSJHFSF
%&//*4 +{3(&/4&/
,rMEFSLSJHFSOF