Ê
$30/0-0(¶"
* Ênx
1~(*/" &
Ê ", ", &- */'03."%03
.J¦SDPMFT EF PDUVCSF EF
EF EJDJFNCSF EF .BSFNPUPT FO "TJB NJM NVFSUPT
EF BCSJM EF &M NVOEP TF VOF FO PSBDJØO
6O TJTNP TVCNBSJOP DFSDB EF MB *TMB EF 4VNBUSB FO FM 0DÏBOP ¶OEJDP HFOFSØ PMBT HJHBOUFT RVF EFKBSPO HSBOEFT BGFDUBDJPOFT EJWFSTPT QBÓ TFT EFM 4VEFTUF BTJÈUJDP .JMFT EF NVFSUPT EFTBQBSFDJEPT Z QÏSEJEBT NBUFSJBMFT GVFSPO FM SBTUSP RVF EFKØ FM QFPS NBSFNPUP FO B×PT
&TF EÓB ,BSPM 8PKUZMB NFKPS DPOPDJEP DPNP +VBO 1BCMP ** NVSJØ -BT NVFTUSBT EF DPOTUFSOBDJØO TF EJFSPO KVOUP B VO DMJNB EF MVUP RVF USBT DFOEJØ B FTDBMB NVOEJBM &O (VBEBMBKBSB TF SFBMJ[Ø VOB NBSDIB FO TJ MFODJP EFTEF FM UFNQMP &YQJBUPSJP IBTUB MB 1MB[B EF MB -JCFSBDJØO
-04 13*.&304
" 04
&- */'03."%03 t " ("3$¶"
&M UBQBUÒP VO NJMM×O
6O TVDFTP QBSB MB DJVEBE {2VJÏO QPESÓB UFOFS DPNP QBESJOP B VO HPCFSOBEPS VO QSFTJEFOUF NVOJDJQBM Z VO DBSEFOBM FO +BMJTDP Z MMFWBS TVT OPNCSFT {6O IJKP EF QPMÓUJDP {6O NJMMPOBSJP /P TPMBNFOUF BMHVJFO FTQFDJBM VOB QFSTPOB RVF MMFHØ QBSB DPOWFSUJSTF FO VO SFGFSFOUF FO MB IJTUPSJB DPOUFNQPSÈOFB EF (VBEBMBKBSB FM UBQBUÓP VO NJMMØO &TUB QFSTPOB FT +VBO +PTÏ 'SBODJTDP (VUJÏSSF[ 1ÏSF[ VO UBQBUÓP OBDJEP FM TJHMP QBTBEP RVJFO EJP QBTP B VOB NFUSØQPMJ NPEFSOB Z QVKBOUF RVF BDUVBMNFOUF FT UPUBMNFOUF EJGFSFOUF B MB 1FSMB 5BQBUÓB EF IBDF DJODP EÏDBEBT &M EF KVOJP EF FO MB DMÓOJDB EFM *4445& EF MB $PMPOJB *OEFQFOEFODJB OBDJØ FM UBQBUÓP VO NJMMØO +VBO +PTÏ 'SBODJTDP GVF FM RVJOUP IJKP EFM NBUSJNPOJP DPOGPSNBEP QPS .BSÓB 1ÏSF[ (PEÓOF[ Z -VJT (VUJÏSSF[ 4F USBUØ EF VO TVDFTP QBSB MB DJVEBE ZB RVF VOP EF MPT QJTPT EFM IPTQJUBM TF MMFOØ EF BVUPSJEBEFT Z FNQSFTBSJPT RVF MBO[BSPO VO DPODVSTP QBSB EBS DPO FM UBQBUÓP VO NJMMØO NJFOUSBT NÏEJDPT FOGFSNFSBT Z NFEJPT EF DPNVOJDBDJØO BDSFEJUBCBO FTUF TVDFTP
i(3"$*"4 +6"/w %JBSJBNFOUF SFDPSSF MBT DBMMFT EF MB $PMPOJB *OEVTUSJBM EPOEF FKFSDF TV PGJDJP &T DPOPDJEP QPS MPT WFDJOPT EFM MVHBS RVJFOFT MF MMBNBO i&M .JMMØOw PUSPT NÈT MP MMBNBO QPS TV OPNCSF %JDF FTUBS DPOUFOUP DPO TV USBCBKP DPOPDF NVDIB HFOUF BEFNÈT QPS MBT UBSEFT MBCPSB DPNP WBMFU QBSLJOH FO VO HJNOBTJP FO ;BQPQBO EPOEF DPO VOB TPOSJTB BUJFOEF B MPT DMJFOUFT BDPNPEB TVT WFIÓ DVMPT Z TF EFTQJEFO EF ÏM DPO VO DBSJ×PTP i(SBDJBT +VBOw )PZ FO EÓB TV GBNJMJB FTUÈ JOUFHSBEB QPS TV FTQPTB 3BRVFM (PO[ÈMF[ TVT DVBUSP IJKPT EF OPNCSFT +VBO .BOVFM $SJTUJBO "MFKBOESP "MPOESB .POUTFSSBU Z +PTÏ %BOJFM Z TV OJFUB $SJTUFM
.BSDBEP DPO USFT OPNCSFT -B WJEB EF BRVFM OJ×P RVF ZB IPZ UJFOF B×PT RVFEØ NBSDBEB QBSB TJFNQSF "EFNÈT EF MMFWBS FM OPNCSF EF BRVFMMPT QFSTPOBKFT RVF FODBCF[BCBO MB FTDFOB DPUJEJBOB EFM &TUBEP +VBO +PTÏ 'SBODJTDP FT BIPSB VO PSHVMMPTP USBCBKBEPS EFM 4FSWJDJP 1PTUBM .FYJDBOP
&- */'03."%03
i&T VO PSHVMMP MMFWBS FM OPNCSF EFM HPCFSOBEPS +VBO (JM 1SFDJBEP RVF FO QB[ EFTDBOTF MMFWBS FM OPNCSF EF +PTÏ QPS FM DBSEFOBM +PTÏ (BSJCJ 3JWFSB Z 'SBODJTDP .FEJOB "TDFODJP MPT DVBMFT GVFSPO NJT QBESJOPT JODMVTP FM DBSEFOBM QPS QBSUJEB EPCMF ZB RVF UBNCJÏO GVF NJ QBESJOP EF 1SJNFSB $PNVOJØOw &41&$*"-
5&45*(0 %& -" .0%&3/*%"%
i&- .*--»/w " MPT USFT B×PT +VBO +PTÏ 'SBODJTDP GVF GP UPHSBGJBEP QPS &- */'03."%03
+VBO +PTÏ 'SBODJTDP DPOPDF UPEB MB ;POB .FUSPQPMJUBOB EF (VBEBMBKBSB EFCJEP B TV USBCBKP DPNP DBSUFSP Z QPS FTP IB WJTUP MPT DBNCJPT FO UPEPT MPT NVOJDJQJPT MB USBOTGPSNBDJØO EF MBT QFRVF×BT DBMMFT RVF BIPSB TPO HSBOEFT BWFOJEBT MB JOBVHVSBDJØO EF DFOUSPT DPNFSDJBMFT MB DPOTUSVDDJØO EF MÓOFBT EF USBOTQPSUF QÞCMJDP &- */'03."%03
Á/*$0 +VBO +PTÏ 'SBODJTDP BM DVNQMJS PDIP B×PT GVF GFTUFKBEP QPS BVUPSJEBEFT
$0/.&.03"%0 103 (6"%"-"+"3"
)*45»3*$0 &- */'03."%03 EPDVNFOUØ FTUF HSBOEJPTP FQJTPEJP QBSB MB DJVEBE NBSDB FM OBDJNJFOUP EF VOB OVFWB FSB QBSB (VBEBMBKBSB
$BEB B×P DVBOEP TF BDFSDB TV DVNQMFB×PT Z FO MB DJVEBE TF SFDVFSEB BM UBQBUÓP VO NJMMØO MMFHBO MBT FOUSFWJTUBT MPT SFQPSUBKFT :B OVODB TF DPONFNPSØ BM UBQBUÓP EPT NJMMPOFT P USFT NJMMPOFT TV OBDJNJFOUP GVF VO IFDIP ÞOJDP F JSSFQFUJCMF RVF NBOUJFOF B +VBO +PTÏ 'SBODJTDP DPNP VO TÓNCPMP EFM DSFDJNJFOUP Z MB NPEFSOJEBE RVF MMFHØ B (VBEBMBKBSB i)F WJTUP DSFDFS B QBTPT BHJHBOUBEPT MB DJVEBE EFTEF FM USÈGJDP RVF B EJBSJP TPSUFP BM DJSDVMBS FO NJ NPUPDJDMFUB FM OÞNFSP EF BVUPT MPT MÓNJUFT FOUSF MPT NVOJDJQJPT RVF ZB OP FYJTUFO -PT DBNCJPT IBO TJEP EF UPEP QBSB CJFO Z QBSB NBMw DPNFOUB
Ê ", ", &- */'03."%03
$30/0-0(¶"
* ÊnÈ
1~(*/" &
.J¦SDPMFT EF PDUVCSF EF
EF KVMJP EF )BTUB FM NJÏSDPMFT *'&
EF NBS[P EF *OJDJB MB FSB (PO[ÈMF[ .ÈSRVF[
&O MB KPSOBEB FMFDUPSBM EFM EF KVMJP MPT QSJNFSPT SFTVMUBEPT EBCBO FM USJVOGP BM QBOJTUB 'FMJQF $BMEFSØO BVORVF QPS VOB WFOUBKB EF TPCSF "OESÏT .BOVFM -ØQF[ 0CSBEPS " MBT IPSBT EFM EF KVMJP FM DPOTFKFSP QSFTJ EFOUF EFM *'& JOGPSNØ RVF OP FSB QPTJCMF EFUFSNJOBS B VO HBOBEPS
&M UFSDFS HPCFSOBEPS QBOJTUB UPNØ MB FTUBGFUB EF 'SBODJTDP 3BNÓSF[ "DV×B FO +BMJTDP (PO[ÈMF[ .ÈSRVF[ RVJFO GVF BMDBMEF EF (VBEBMBKB SB BTFHVSØ FO BRVFM NPNFOUP FTUBS USBORVJMP QBSB FTUBS BM GSFOUF EFM &KFDVUJWP FTUBUBM
-B $SV[ EF 1MB[BT
&- */'03."%03
1 >Ê >ÀV>Ê Ì>«>Ì > $FSDB EF MBT JOTUBMBDJPOFT EF &- */'03."%03 PDVSSÓB VO DBNCJP QBSB MB DJVEBE *HOBDJP %ÓB[ .PSBMFT BSRVJUFDUP UBQBUÓP WJWÓB FOBNPSBEP EF (VBEBMBKBSB Z TJFNQSF CVTDBCB MP NFKPS QBSB FMMB MB 1FSMB 5BQBUÓB FSB TV iOPWJBw Z QPS FMMP RVFSÓB FNCFMMFDFSMB DPO TVT USB[PT RVF RVFEBSPO QMBTNBEPT FO FM $FOUSP EF MB DBQJUBM KBMJTDJFOTF DPO MB $SV[ EF 1MB[BT i%FTEF MB B[PUFB EF $BUFESBM DPOUFNQMÏ MBT EPT NBO[BOBT RVF FTUBCBO EFUSÈT MBT DVBMFT FTUBCBO SPEFBEBT QPS VOB TFSJF EF FEJGJDJPT EF HSBO WBMPS BSRVJUFDUØOJDP Z TF NF PDVSSJØ QFOTBS FO VOB HSBO QMB[B EFTEF MB NJTNB B[PUFB NJSÏ BM /PSUF Z BM 1POJFOUF Z WJ VO KBSEÓO Z VO FTQBDJP TJO PCKFUJWP 'VF FOUPODFT DVBOEP DPODFCÓ MB JEFB EF QSPZFDUBS VOB $SV[ EF 1MB[BTw FTDSJCJØ BMHVOB WF[ FM BSRVJUFDUP UBQBUÓP TFHÞO MB NPOPHSBGÓB *HOBDJP %ÓB[ .PSBMFT EF "OVBS ,BTJT "SJDFBHB
$03";»/ 5"1"5¶0 "M /PSUF TF FSJHF MB 3PUPOEB EF MPT +BMJTDJFOTFT *MVTUSFT DPO QFSTPOBKFT DPNP 1FESP .PSFOP +VBO +PTÏ "SSFPMB FM %PDUPS "UM P .BUVUF 3FNVT TJFNQSF EF QJF "M 4VS FM LJPTLP EF 1MB [B EF "SNBT FT FM FTDFOBSJP GBWPSJUP QBSB FTDVDIBS QFRVF×BT PSRVFTUBT P QBSB TFOUBSTF FO MBT CBODBT Z PCTFSWBS FM 1BMBDJP EF (PCJFSOP )BDJB FM 1POJFOUF MB GVFOUF EF 1MB[B (VBEBMBKBSB EJWJFSUF B MPT NÈT QFRVF×PT GSFOUF B FMMB TF FSJHF JNQPOFOUF MB $BUFESBM .FUSPQPMJUBOB DPO TVT EPT HSBOEFT UPSSFT )BDJB FM 0SJFOUF MB 1MB[B EF MB -JCFSBDJØO TJFNQSF TJSWF DPNP BOUFTBMB QBSB MMFHBS BM 5FBUSP %FHPMMBEP
*À ÞiVÌ ÊÃ i V Ã 'VF FO DFSDB EF B×PT BOUFT EF RVF JOJDJBSB MB USBOTGPSNBDJØO EFM $FOUSP )JTUØSJDP EF (VBEBMBKBSB DVBOEP %ÓB[ .PSBMFT FNQF[Ø B USBCBKBS FO MB $SV[ EF 1MB[BT TVT QSJNFSPT QBTPT GVFSPO FO TJMFODJP Z QPS JOJDJBUJWB QSPQJB "DFSDB EF TV HSBO QSPZFDUP TØMP TBCÓBO TV BNJHP
&- */'03."%03
DFSDBOP -VJT #BSSBHÈO Z VOP EF TVT NÈT RVFSJEPT NBFTUSPT "VSFMJP "DFWFT 'VF IBTUB DVBOEP MPT BNJHPT EF *HOBDJP %ÓB[ MP SFDPNFOEBSPO BOUF FM HPCFSOBEPS FOUSBOUF +FTÞT (PO[ÈMF[ (BMMP QBSB JOJDJBS DPO MB NPEFSOJ[BDJØO EF MB DJVEBE &- */'03."%03
6/ 3&$6&3%0 1"3" -04 +"-*4$*&/4&4
)0.&/"+& -B 3PUPOEB EF MPT +BMJTDJFOTFT *MVTUSFT HVB SB SFTUPT EF QFSTPOBKFT DPNP +VBO +PTÏ "SSFPMB P .BUV UF 3FNVT
"M 4VS MB 1MB[B EF "SNBT ZB FYJTUÓB EFM PUSP MBEP FO FM /PSUF FM BSRVJUFDUP %ÓB[ .PSBMFT QSFUFOEÓB DPOTFSWBS FM ZB FYUJOUP 5FNQMP EF MB 4PMFEBE TJO FNCBSHP FM HPCFSOBEPS +FTÞT (PO[ÈMF[ (BMMP JOTJTUJØ FO MJCFSBS UPEB FTB [POB Z UVWP RVF TFS EFNPMJEP &O FTF FTQBDJP TF FSJHJØ MB 3PUPOEB EF MPT +BMJTDJFOTFT *MVTUSFT VO EJTF×P PSJHJOBM EF 7JDFOUF .FOEJPMB &- */'03."%03
1"53*.0/*0 %FTEF FM DJFMP TF QVFEF PCTFSWBS MB QFSGFDUB DSV[ RVF QFOTØ BMHVOB WF[ *HOBDJP %ÓB[
&- */*$*0 %& -" .0%&3/*%"% &/ (6"%"-"+"3"
1-";" %& -" -*#&3"$*»/ i.JSB QPS FKFNQMP B FTQBMEBT EF MB $BUFESBM IBTUB FM 5FBUSP %FHPMMBEP BMMÓ IBZ VOB QMB[B OPNÈT IBZ RVF RVJUBS UPEP FM FTUPSCJKP RVF FTUÈ FO NFEJPw EJKP BMHVOB WF[ *HOBDJP %ÓB[ .PSBMFT VO BSRVJUFDUP FOBNPSBEP EF MB DJVEBE
&M JOJDJP EF MBT PCSBT QBSB DPOTUSVJS MB $SV[ EF 1MB[BT FO FM $FOUSP JOJDJØ FO &M QSJNFS QSPZFDUP DPO FM RVF TF USBCBKØ GVF 1MB[B EF MB -JCFSBDJØO VOB HSBO FYQMBOBEB RVF TFQBSBCB BM 5FBUSP %FHPMMBEP Z MB $BUFESBM .FUSPQPMJUBOB Z RVF UFOESÓB VOB FYUFOTJØO EF Y NFUSPT 1PTUFSJPSNFOUF FM TJHVJFOUF QBTP GVF MB 1MB[B EF MPT -BVSFMFT 1MB[B (VBEBMBKBSB EPOEF TF USBCBKØ EF B
Ê
.J¦SDPMFT EF PDUVCSF EF
Ê ", ", &- */'03."%03
* ÊnLJ
1~(*/" &
Ê ", ", &- */'03."%03
$30/0-0(¶"
* Ênn
1~(*/" &
.J¦SDPMFT EF PDUVCSF EF
EF OPWJFNCSF EF .VFSF TFDSFUBSJP EF (PCFSOBDJØO
EF KVOJP EF -B 0.4 EFDMBSB QBOEFNJB NVOEJBM
&M EF OPWJFNCSF BM SFHSFTBS B MB $JVEBE EF .ÏYJDP +VBO $BNJMP .PVSJ×P FOUPODFT TFDSFUBSJP EF (PCFSOBDJØO NVSJØ USBT FTUSFMMBSTF FM BWJØO FO RVF WJBKBCB FO MB [POB EF MBT -PNBT EF $IBQVMUFQFD &TF NJTNP EÓB #BSBDL 0CBNB HBOBCB MBT FMFDDJPOFT FO &TUBEPT 6OJEPT
&M WJSVT EF JOGMVFO[B " ) / PSJHJOØ RVF MB 0SHBOJ[BDJØO .VOEJBM EF MB 4BMVE EFDSFUBSB BMFSUB TBOJUBSJB &M WJSVT UVWP QSFTFODJB FO QBÓ TFT JODMVZFOEP .ÏYJDP EPOEF TF UFNÓB VOB GVFSUF PMFBEB EF DBTPT DPO MB MMFHBEB EFM JOWJFSOP EF FTF B×P
$ÎOUSJDPT TJUJPT BUSBDUJWPT
&- */'03."%03
ë V Ê >L> >à &M FEJGJDJP EFM )PTQJDJP $BCB×BT SFGVHJP QBSB OJ×PT TJO IPHBS FTUÈ TJUVBEP KVTUP BM JOJDJP P BM GJOBM EFQFOEJFOEP EFTEF EØOEF TF WFB EF MB 1MB[B 5BQBUÓB
* >â>Ê/>«>Ì > -B 1MB[B 5BQBUÓB OBDJØ DPO FM PCKFUJWP EF %JGVNJOBS MB EJWJTJØO FOUSF MPT IBCJUBOUFT DSFBS VO DFOUSP SFDSFBUJWP RVF VOJGJDBSB MB EFM 0SJFOUF Z FM 1POJFOUF GVF FM JEFBM CBKP DJVEBE FM RVF TF TVTUFOUBCB FM QSPZFDUP & */'03."%03
1"/03«.*$" "TQFDUP EF MB QMB[B WJTUB EFTEF BSSJCB
&- */'03."%03
&- */'03."%03
&/ 130(3&40 &O MB JNBHFO TF QVFEF BQSFDJBS FM UJFNQP FO RVF TF IBDÓB FM EFSSJCP EF MPT FEJGJDJPT FO MB [POB
%&41&+& ÌÀ>VÌ Û ÊÌÕÀ ÃÌ V 1PS TV EJTF×P Z TV VCJDBDJØO TF IB DPOWFSUJEP FO VOP EF MPT BUSBDUJWPT UVSÓTUJDPT EF (VBEBMBKBSB
$PO MB JOUFODJØO EF RVF MB 1MB[B 5BQBUÓB TF DPOWJSUJFSB FO VO FTQBDJP BCJFSUP TF UVWP RVF QSFTDJOEJS EF BMHVOBT DPOTUSVDDJPOFT RVF DPO FM UJFNQP TF DPOWFSUJSÓBO FO QBUSJNPOJP DVMUVSBM QFSP RVF JOUFSGFSÓBO FO MB QMBOFBDJØO -" '6&/5& $PO NFUSPT EF BMUP MB FTUSVDUVSB NÈT SFQSFTFOUBUJWB EF MB QMB[B SFQSFTFOUB MB *ONPMBDJØO EF 2VFU[BMDØBUM
&- */'03."%03
Ê«À ÞiVÌ &M QMBO EF MB QMB[B DPNFO[Ø B NBRVJOBSTF FO QPS FM BSRVJUFDUP %ÓB[ .PSBMFT Z TF FNQSFOEJØ B GJOBMFT EF MB EÏDBEB EF 'JOBMNFOUF GVF JOBVHVSBEB FM EF GFCSFSP EF &41"$*0 -*#&3"%0 -VFHP EFM EFSSJCP EF WBSJPT FEJGJDJPT FM QSPZFDUP FNQSFOEJØ B GJOBMFT EF MPT T
Ê
.J¦SDPMFT EF PDUVCSF EF
Ê ", ", &- */'03."%03
* Ên™‡
1~(*/" &
Ê ", ", &- */'03."%03
$30/0-0(¶"
* Ê ä
1~(*/" &
.J¦SDPMFT EF PDUVCSF EF
EF FOFSP EF )BJUÓ DPMBQTBEP QPS TJTNPT
EF PDUVCSF )PZ DPNJFO[B VOB RVJODFOB DPO TFJT NJM EFQPSUJTUBT
-B UBSEF EFM EF FOFSP VO TJTNP EF TJFUF HSBEPT FO FTDBMB EF 3JDIUFS EFWBTUØ B )BJUÓ VOB EF MBT OBDJPOFT NÈT QPCSFT &M UFSSFNPUP EFTUSVZØ WBSJPT FEJGJDJPT EF 1VFSUP 1SÓODJQF FOUSF FMMPT MB TFEF EF MB 0SHBOJ[BDJØO EF MBT /BDJPOFT 6OJEBT Z FM 1BMBDJP /BDJPOBM
&M EF PDUVCSF TF JOBVHVSBSPO MPT 97* +VFHPT 1BOBNFSJDBOPT FO (VBEBMBKBSB DPO VO FWFOUP FTQFDUBDVMBS %FTQVÏT EF MB KVTUB EFQPS UJWB MBT BVUPSJEBEFT EFM FODVFOUSP QSPDMBNBSPO B MPT UBQBUÓPT DPNP MPT NFKPSFT +VFHPT 1BOBNFSJDBOPT EF MB IJTUPSJB
`i Ì `>`ÊÌ>«>Ì > &M FEJGJDJP NÈT FNCMFNÈUJDP F JDØOJDP EF MB DBQJUBM EF +BMJTDP FT MB $BUFESBM EF (VBEBMBKBSB TV FTUJMP BSRVJUFDUØOJDP SFOBDFOUJTUB CBSSPDP Z OFP HØUJDP DPSPOBEP DPO TVT UPSSFT EF BHVKBT TPO MB JNQSPOUB WJTVBM RVF MPT UBQBUÓPT QSFTVNFO FO .ÏYJDP Z UPEP FM NVOEP &M FEJGJDJP FT MB QBSSPRVJB QSJODJQBM EF MB "SRVJEJØDFTJT EF (VBEBMBKBSB Z TV OPNCSF PGJDJBM FT EF i$BUFESBM #BTÓMJDB EF MB "TVODJØO EF .BSÓB 4BOUÓTJNBw OPNCSF RVF QBTB EFTBQFSDJCJEP QPS MB NBZPSÓB EF MPT IBCJUBOUFT EF MB
DJVEBE Z RVF TØMP MB MMBNBO DPNP $BUFESBM -B DPOTUSVDDJØO EF MB DBUFESBM DPNFO[Ø FO QPS ØSEFOFT EFM 3FZ 'FMJQF ** MB PCSB EVSØ B×PT FO SFBMJ[BSTF MB QSJODJQBM SB[ØO GVF FM MFOUP GMVKP EF SFDVSTPT QPS QBSUF EF MBT BVUPSJEBEFT FTQB×PMBT FM BSRVJUFDUP FODBSHBEP EFM QSPZFDUP PSJHJOBM GVF .BSUÓO $BTJMMBT -B $BUFESBM FOUSØ FO GVODJPOFT FO DVBOEP GVFSPO USBTMBEBEPT F JOTUBMBEPT FO MB OVFWB TFEF MPT TBOUÓTJNPT TBDSBNFOUPT
%VSBOUF TVT DJODP TJHMPT EF IJTUPSJB MB $BUFESBM IB TVGSJEP EJTUJOUBT NPEJGJDBDJPOFT FO TV FTUSVDUVSB HFOFSBM -PT DBNCJPT TF EFCJFSPO QSJODJQBMNFOUF B MPT EPT TJTNPT RVF TBDVEJFSPO MB SFHJØO 6O UFNCMPS FO QSPQJDJØ RVF MBT UPSSFT Z MB DÞQVMB DPMBQTBSBO 5SBT B×PT EF USBCBKP Z SFTUBVSBDJØO FM FEJGJDJP WPMWJØ B NPTUSBS TV NFKPS DBSB QFSP EF OVFWP VO NPWJNJFOUP UFMÞSJDP FO IJ[P RVF MBT UPSSFT EF EFSSVNCBSBO
$BUFESBM EF (VBEBMBKBSB
&- */'03."%03
*/4$3*1$*»/ &O MB DPSOJTB TF MFF MB GSBTF FO MBUÓO i/JTJ %PNJOVT BFEJGJDBWFSJU EPNVN JO WBOVN MBCPSBWFSVOU RVJ BFEJGJDBOU FBNw FO FTQB×PM TJHOJGJDB i4J FM 4F×PS OP FEJGJDB MB DBTB FO WBOP USBCBKBO MPT RVF MB DPOTUSVZFOw &- */'03."%03
&41-&/%03 &M EF NBS[P EF MB $BUFESBM FTUSFOØ JMVNJOBDJØO FM QSPZFDUP DPOTJTUJØ FO MB JOTUBMBDJØO EF FRVJQP EF MVDFT FO FM QJTP RVF QSPZFDUBO EJTUJOUPT UPOPT RVF IBDFO RVF MB BQBSJFODJB EFM FEJGJDJP MV[DB EF NBOFSB EJGFSFOUF -B $BUFESBM TF TVNØ B PUSPT FEJGJDJPT EFM QSJNFS
DVBESP EF MB DJVEBE DPNP FM 5FBUSP %FHPMMBEP MB 3PUPOEB EF MPT )PNCSFT *MVTUSFT Z FM 1BMBDJP EF (PCJFSOP .VOJDJQBM BM 1MBO EF -V[ EFM $FOUSP )JTUØSJDP EF (VBEBMBKBSB -B JMVNJOBDJØO TF QVFEF BQSFDJBS UPEPT MPT EÓBT B QBSUJS EF MBT IPSBT
&- */'03."%03
3&45"63"$*»/
¶$0/0 BTÓ MVDÓB $BUFESBM
&O FM BSRVJUFDUP .BOVFM (ØNF[ *CBSSB UFSNJOØ MB SFTUBVSBDJØO RVF EJFSPO WJEB B MBT UPSSFT RVF IPZ DPOPDFNPT MB IJTUPSJB TF×BMB RVF FM EJTF×P EF DPOPT JOWFSUJEPT GVF HSBDJBT BM BS[PCJTQP %JFHP "SBOEB Z $BSQJOUFJSP RVF QPS FTBT GFDIBT FSB FM FODBSHBEP EF MB QBSSPRVJB &- */'03."%03
>ÕÃ i Ê ÃÌ À V
$0/&9*»/ 5ÞOFMFT Z QBTBEJ[PT TVCUFSSÈOFPT FTUÈO QSFTFOUFT FO $BUFESBM
?ÃÊ`iÊ >Ìi`À> %FTEF TV DPOTUSVDDJØO FO MB $BUFESBM EF (VBEBMBKBSB FTUVWP DPOFDUBEB EF GPSNB TVCUFSSÈOFB DPO PUSPT FEJGJDJPT EF MB [POB DFOUSP EF MB DJVEBE &M GJO EF MPT UÞOFMFT FSB UFOFS SVUBT BMUFSOBT EF FTDBQF EF UJFNQPT EF MB (VFSSB EF *OEFQFOEFODJB 1BMBDJP .VOJDJQBM FM )PTQJDJP $BCB×BT 1BMBDJP EF (PCJFSOP 1BOUFØO EF #FMÏO Z PUSBT JHMFTJBT DPOUBSPO DPO MPT UÞOFMFT
-PT SFTUPT EF EJTUJOUPT QFSTPOBKFT EF MB KFSBSRVÓB DBUØMJDB EF MB DJVEBE TF FODVFOUSBO FO MBT DSJQUBT EF $BUFESBM 0CJTQPT DPNP 'SBODJTDP (ØNF[ EF .FOEJPMB Z +VBO EF 4BOUJBHP -FØO (BSBCJUP FTUÈO TFQVMUBEPT BIÓ 5BNCJÏO EF MPT DBSEFOBMFT +PTÏ (BSJCJ 3JWFSB Z +FTÞT 1PTBEBT 0DBNQP EFTDBOTBO FO MB $BUFESBM
$&3$"%" -BT PCSBT EF BNQMJBDJØO EF MB BWFOJEB "MDBMEF RVJUBSPOFM BUSJP
1*&;"4 Á/*$"4 %& "35& &M BSUF TBDSP EF MB $BUFESBM DVFOUB DPO PCSBT EF QFSTPOBKFT DPNP .JHVFM $BCSFSB Z $SJTUØCBM EF 7JMMBMQBOEP QJOUVSBT EFEJDBEBT B MB i-B "TVODJØOw EFTUBDBO FO MB OBWF QSJODJQBM EF MB JHMFTJB -PT BTJFOUPT EF NBEFSB UBMMBEB Z B MB TJMMB DBSEFOBMJDJB TPO QJF[BT EF BMUP USBCKP EF DBSQJOUFSÓB -B NFTB EF DPOTBHSBDJØO FT EF NÈSNPM Z EF QMBUB MPT WJUSBMFT Z PUSPT FMFNFOUPT EF EFDPSBDJØO EFM FEJGJDJP GVFSPO JNQPSUBEPT EF "MFNBOJB Z 'SBODJB
Ê
.J¦SDPMFT EF PDUVCSF EF
Ê ", ", &- */'03."%03
* ʙ£‡
1~(*/" &
Ê ", ", &- */'03."%03
$30/0-0(¶"
* Ê Ó
1~(*/" &
.J¦SDPMFT EF PDUVCSF EF
EF KVMJP EF (BOBO 1F×B /JFUP Z "SJTUØUFMFT
EF GFCSFSP EF &O 1BTDVB IBCSÈ OVFWP 1BQB
"M UÏSNJOP EF MB KPSOBEB FMFDUPSBM EFM QSJNFSP EF KVMJP MPT DBOEJEBUPT QSJJTUBT B 1SFTJEFODJB Z HVCFSOBUVSB FSBO QVOUFSPT FO MBT FODVFTUBT EF TBMJEB 5SBT FM DPOUFP SÈQJEP &OSJRVF 1F×B /JFUP HBOØ DPO VOB WP UBDJØO FTUJNBEB EF TPCSF "OESÏT .BOVFM -ØQF[ 0CSBEPS
+PTFQI 3BU[JOHFS FM 1BQB #FOFEJDUP 97* BOVODJØ TV EFDJTJØO EF SFOVODJBS B MB NÈ YJNB KFSBSRVÓB EF MB *HMFTJB $BUØMJDB NFEJEB RVF UPNØ WJHFODJB FM EF GFCSFSP &M ÞMUJNP 1BQB RVF SFOVODJØ GVF (SFHPSJP 9** FO &M EF NBS[P FM QBQBEP GVF BTVNJEP QPS +PSHF .BSJP #FSHPHMJP RVJFO TF DPOWJSUJØ FO 'SBODJTDP *
#BTÒMJDB EF ;BQPQBO
&- */'03."%03
1 Ê Õ}>ÀÊÃ>VÀ Ê i Ê<>« «> &OUSF MPT JONVFCMFT TBDSPT EF MB ;POB .FUSPQPMJUBOB EF (VBEBMBKBSB MB #BTÓMJDB EF ;BQPQBO PDVQB VOP EF TVT MVHBSFT NÈT JNQPSUBOUFT $BTB EF MB 7JSHFO EF ;BQPQBO TV DPOTUSVDDJØO DPNFO[Ø FO MBT QPTUSJNFSÓBT EFM TJHMP 97** Z DPNQMFUBEP FO FM TJHMP 97*** FO MP RVF BIPSB FT FM $FOUSP )JTUØSJDP EF ;BQPQBO 6CJDBEB GSFOUF BM FTQBDJP QÞCMJDP EF MB 1MB[B EF MBT "NÏSJDBT MB #BTÓMJDB MVDF FO TV FTQMFOEPS EFTEF MB MFKBOÓB PTUFOUBOEP TV BSRVJUFDUVSB RVF EB MB CJFOWFOJEB DPO VO BNQMJP BUSJP FOHBMBOBEP QPS VO QBS EF FTDVMUVSBT 'SBZ "OUPOJP EF 4FHPWJB RVJFO SFHBMØ MB WJSHFO B MPT JOEJPT EF ;BQPQBO FO FM TJHMP 97* Z EFM 1BQB +VBO 1BCMP ** RVJFO WJTJUØ MB #BTÓMJDB DVBOEP QBTØ QPS +BMJTDP
-" #"4¶-*$" %& ;"101"/ -VHBS EF WJTJUB PCMJHBEP QBSB MPT DSFZFOUFT RVF BDVEFO B MB ;POB .FUSPQPMJUBOB EF (VBEBMBKBSB
&- */'03."%03
>Ê, iÀ > -B #BTÓMJDB EF ;BQPQBO FT VOP EF MPT MVHBSFT DBUØMJDPT NÈT WJTJUBEPT FO +BMJTDP QBSUF EF FMMP TF EFCF B TFS FM QVOUP EF MMFHBEB EF MB 3PNFSÓB BDUVBMNFOUF DFMFCSBEB DBEB EF PDUVCSF -B 3PNFSÓB DPOPDJEB JHVBMNFOUF
DPNP iMB MMFWBEB EF MB 7JSHFO EF ;BQPQBOw BSSJCB B TV #BTÓMJDB MB NB×BOB EFM MVFHP EF SFDPSSFS EVSBOUF MB OPDIF Z NBESVHBEB MBT DBMMFT EF (VBEBMBKBSB EFTEF MB $BUFESBM FO FM $FOUSP EF MB DJVEBE &- */'03."%03
&913&4*0/&4 "35¶45*$"4
-6("3 %& '& *OUFSJPSFT BUSBDUJWPT EFM FEJGJDJP
"EFNÈT EF MBT FTDVMUVSBT FO TV FYUFSJPS Z EF MB 7JSHFO EF ;BQPQBO QJF[B SFBMJ[BEB QPS BSUFTBOPT EF .JDIPBDÈO MB #BTÓMJDB FT VO FTQBDJP RVF BMCFSHB FYQSFTJPOFT BSUÓTUJDBT DPO QJOUVSBT BM ØMFP Z WJTUPTPT SFUBCMPT FO TV JOUFSJPS $POUJHVP B MB #BTÓMJDB FODPOUSBNPT FM .VTFP )VJDIPM EPOEF MPT UVSJTUBT QVFEFO BQSFDJBS MBT NBOJGFTUBDJPOFT BSUÓTUJDBT EF MBT FUOJBT JOEÓHFOBT EF +BMJTDP
&- */'03."%03
-" 16&35" -B #BTÓMJDB SFTHVBSEB VO JNQPSUBOUF BDFSWP CJCMJPHSÈGJDP
70$"$*»/ '3"/$*4$"/"
-" --&7"%" %& -" 7*3(&/ $BEB EF PDUVCSF MMVFWB P USVFOF MPT GFMJHSFTFT BDPNQB×BO B MB 7JSHFO IBTUB TV DBTB
$PO WPDBDJØO GSBODJTDBOB MB #BTÓMJDB FT UBNCJÏO VO DFOUSP FEVDBUJWP EFEJDBEP B MB UFPMPHÓB Z GJMPTPGÓB SFMJHJPTB DVZPT FTUVEJBOUFT PCUJFOFO FM HSBEP EF GSBJMFT NFOPSFT &M OÞDMFP BSRVJUFDUØOJDP EF MB #BTÓMJDB DVFOUB DPO VO BDFSWP CJCMJPHSÈGJDP IJTUØSJDP SFTHVBSEBEP FOUSF PUSPT TJUJPT FO MP BMUP EF VOB EF TVT UPSSFT DPO MJCSPT RVF EBUBO EF MB ÏQPDB EF MB $PMPOJB FO OVFTUSP QBÓT &M NFODJPOBEP QBS EF UPSSFT OP TPO MBT RVF TF FEJGJDBSPO KVOUP DPO FM SFTUP EF MB #BTÓMJDB QVFT B MPT QPDPT B×PT EF DPODMVJEPT MPT USBCBKPT EF DPOTUSVDDJØO ÏTUBT TF EFSSVNCBSPO Z GVFSPO SFFEJGJDBEBT B MPT QPDPT B×PT FO
Ã&#x160;
.J¦SDPMFT EF PDUVCSF EF
Ã&#x160; ", ", &- */'03."%03
* Ã&#x160;Â&#x2122;Ã&#x17D;Â&#x2021;
1~(*/" &
Ê ", ", &- */'03."%03
$30/0-0(¶"
* Ê {
1~(*/" &
.J¦SDPMFT EF PDUVCSF EF
EF GFCSFSP EF $BF FM i$IBQPw DPO BQPZP EF &6
OPWJFNCSF EF .BTBDSF UFSSPSJTUB PTDVSFDF 1BSÓT
&M MÓEFS EFM DÈSUFM EF 4JOBMPB +PBRVÓO (V[NÈO -PFSB GVF BQSFIFOEJEP EVSBOUF VO PQFSBUJWP EF MB .BSJOB FO $VMJBDÈO 4JOBMPB &M DBQP QFSNBOFDÓB QSØGVHP EFTEF TV IVJEB EF 1VFOUF (SBOEF FO &TDBQØ QPS TFHVOEB PDBTJØO FM EF KVMJP EF B USBWÏT EF VO UÞOFM EFCBKP EF TV DFMEB &M EF FOFSP EF GVF DBQUVSBEP EF OVFWP
6OB TFSJF EF BUBRVFT DPPSEJOBEPT FO TFJT QVOUPT EF 1BSÓT QSPWPDBSPO MB NVFSUF EF QFSTPOBT Z MFTJPOFT B 4F DPOWJSUJØ BTÓ FO MB PGFOTJWB NÈT MFUBM FO UFSSJUPSJP GSBODÏT EFTEF MB 4FHVOEB (VFSSB .VOEJBM &M HSVQP UFSSPSJTUB &TUBEP *TMÈNJDP TF BEKVEJDØ MPT BUBRVFT
-B (VFSSB $SJTUFSB
&41&$*"-
* ÀÊ >Ê LiÀÌ>`Ê`iÊ >ÊÀi } &O MB EÏDBEB EF MPT USFJOUB EFM TJHMP QBTBEP FM QSFTJEFOUF 1MVUBSDP &MÓBT $BMMFT OP NJEJØ MBT DPOTFDVFODJBT EF MB SFCFMJØO EFM QVFCMP -B FTUJNBDJØO FT EF NÈT EF NJM NVFSUPT USBT MPT FOGSFOUBNJFOUPT FOUSF GFEFSBMFT DSJTUFSPT Z BHSBSJTUBT EF DPOUSBHVFSSJMMB 'VF MB SVQUVSB FOUSF FM &TUBEP Z MB *HMFTJB &M QVFCMP NFYJDBOP TF SFWFMØ QBSB EFNPTUSBS BM (PCJFSOP RVF OP QFSNJUJSÓBO RVF MFT BSSFCBUBSB FM EFSFDIP B MB MJCFSUBE EF DSFFS FO TVT EPHNBT SFMJHJPTPT i`7JWB $SJTUP 3FZ `7JWB MB 7JSHFO EF (VBEBMVQF w GVFSPO MBT DPOTJHOBT EF MB QPCMBDJØO BOUF MB BVUPSJEBE
,i>VV > Ê>Ê >ʺ iÞÊ > iû &M QSFTJEFOUF 1MVUBSDP &MÓBT $BMMFT PSEFOØ BM $POHSFTP SFHMBNFOUBS FM "SUÓDVMP RVF EFNBOEBCB MB DMBVTVSB EF FTDVFMBT SFMJHJPTBT Z MB FYQVMTJØO EF TBDFSEPUFT FYUSBOKFSPT UBNCJÏO MJNJUBCB FM OÞNFSP EF QSFTCÓUFSPT B VOP QPS DBEB TFJT NJM IBCJUBOUFT Z TF PSEFOBCB RVF TF SFHJTUSBSBO BOUF MBT BVUPSJEBEFT
NVOJDJQBMFT RVJFOFT PUPSHBSÓBO TV SFTQFDUJWB MJDFODJB QBSB FKFSDFS *ODMVÓB EFMJUPT SFMBUJWPT B MB FOTF×BO[B IBDJFOEP EFTBQBSFDFS MB MJCFSUBE EF ÏTUB Z FM EFSFDIP EF FEVDBS B MBT QFSTPOBT FO MB GF &M EFDSFUP QSPWPDØ RVF MPT PCJTQPT OP UVWJFSBO HBSBOUÓBT QBSB FKFSDFS TV NJOJTUFSJP Z FNJUJFSPO VO
DPNVOJDBEP BWBMBEP QPS 3PNB WÓB 1ÓP 9* FO FM RVF TVTQFOEÓBO MPT DVMUPT EFTEF FM QSJNFSP EF BHPTUP EF &TUP EFUPOØ MB JODPOGPSNJEBE EFM QVFCMP SFMJHJPTP FTQFDJBMNFOUF FO +BMJTDP EPOEF MB HFOUF PQUØ QPS MFWBOUBSTF FO BSNBT QBSB FYJHJS FTUF EFSFDIP 'VF MB ÞMUJNB HVFSSB FO .ÏYJDP &41&$*"-
i-&: $"--&4w 5SBT MB SFGPSNB EF 1MVUBSDP &MÓBT $BMMFT FM QVFCMP NFYJDBOP TF SFCFMØ QBSB RVF FM (PCJFSOP OP MFT BSSFCBUBSB FM EFSFDIP B MB MJCFSUBE EF MB SFMJHJØO
&41&$*"-
{103 26² +"-*4$0 '6& &1*$&/530
ÃÊ«iÀÃ > iÃ
%FTQVÏT EF MB 3FWPMVDJØO .FYJDBOB EF FO TVSHJØ VOB $POTUJUVDJØO FO MB RVF MB *HMFTJB RVFEØ GVFSB Z OP UVWP EFSFDIPT P NBOEP QPS FKFNQMP FO MB FEVDBDJØO 1PS FMMP TF QFHØ FM iHSJUP FO DJFMPw TPCSF UPEP FO -PT "MUPT EF +BMJTDP EPOEF MB DPOTJHOB FSB Z FT iUJFSSB GBNJMJB Z SFMJHJØOw "M WFSTF MB *HMFTJB BGFDUBEB QJEJØ FM BQPZP BM QVFCMP TPCSF UPEP B MPT IBDFOEBEPT UFSSBUFOJFOUFT Z USBCBKBEPSFT "VORVF IVCP PCJTQPT RVF OP FTUVWJFSPO EF BDVFSEP DPO FM MFWBOUBNJFOUP BSNBEP BMHVOPT TBDFSEPUFT UPNBSPO MBT BSNBT FODBCF[BEPT QPS "SJTUFP 1FESP[B +PTÏ 3FZFT 7FHB Z .JHVFM 1ÏSF[ "MEBQF
&M IJTUPSJBEPS +FBO .FZFS SFDBQJUVMB TPCSF MPT QFSTPOBKFT EF MB $SJTUJBEB i-PT CVFOPT HFOFSBMFT GFEFSBMFT FO FM TFOUJEP EF IVNBOPT RVF OP GVTJMBSPO QSFTPT Z SFTQFUBSPO B MPT DJWJMFT GVFSPO .BOVFM «WJMB $BNBDIP -È[BSP $ÈSEFOBT Z )FMJPEPSP $IBSJT &M NJMJUBS TPCSFTBMJFOUF FT FM HFOFSBM FO KFGF EF MPT DSJTUFSPT &OSJRVF (PSPTUJFUB 7FMBSEF PGJDJBM GFEFSBM IBTUB BSUJMMFSP EF GPSNBDJØO &OUSF MPT GBNPTPT HFOFSBMFT DSJTUFSPT DPO UBMFOUP NJMJUBS EFTUBDBO EPT TBDFSEPUFT "SJTUFP 1FESP[B DPO GBNB EF WJSUVPTP Z +PTÏ 3FZFT 7FHB DPO GBNB EF 1BODIP 7JMMBw
-" $";" 5SBT MPT iBDVFSEPTw EFM EF KVOJP EF RVF QVTJFSPO GJO B MB HVFSSB DPO MB SFBQFSUVSB EF MBT JHMFTJBT Z MBT DFMFCSBDJPOFT FVDBSÓTUJDBT TF FTUJNB MB iDB[Bw EF NJM DSJTUFSPT EF MPT DVBMFT GVFSPO KFGFT EFTEF FM HSBEP EF UFOJFOUF BM EF HFOFSBM FT EFDJS NVSJFSPO NÈT MÓEFSFT DSJTUFSPT EFTQVÏT EF MB 3FWPMVDJØO RVF EVSBOUF MB NJTNB
Ê iV Ê ?ÃÊÛ i Ì 6OP EF MPT FQJTPEJPT NÈT WJPMFOUPT EF MPT DSJTUFSPT TF SFHJTUSØ FM EF BCSJM EF -PT BM[BEPT BTBMUBSPO FM USFO EF -B #BSDB FO +BMJTDP FODBCF[BEPT QPS FM BOUJHVP DVSB EF "SBOEBT Z MVFHP HFOFSBM DSJTUFSP +PTÏ 3FZFT 7FHB &M TBMEP GVF EF NÈT EF GFEFSBMFT NVFSUPT RVF DVTUPEJBCBO Z USBTMBEBCBO DPTUBMFT EF QMBUB BTÓ DPNP NPOFEBT EF PSP 'VFSPO JODFOEJBEPT WBSJPT DPDIFT EFM USFO Z BMHVOPT QBTBKFSPT Z GFEFSBMFT NVSJFSPO RVFNBEPT FO FM BTBMUP
&41&$*"-
7"5*$"/0 &O BHPTUP EF TF TVTQFOEJFSPO MPT DVMUPT FO MBT JHMFTJBT Z FTUP EFUPOØ MB JODPO GPSNJEBE EFM QVFCMP SFMJHJPTP .JMFT TF MFWBOUBSPO FO BSNBT DPOUSB MB BVUPSJEBE
L>ÌiÊ`iÊÎäÊ iÃià &M IJTUPSJBEPS +FBO .FZFS VOP EF MPT FYQFSUPT NÈT SFDPOPDJEPT FO FM UFNB DPOTJEFSB RVF EFTQVÏT EF MPT USFT B×PT EF CBUBMMB FM TBMEP GVF EF NJM NVFSUPT BVORVF BENJUF RVF OP IBZ GVFOUFT UPUBMNFOUF GJBCMFT i&TUB DJGSB EFDMBSBEB QPS FM FY QSFTJEFOUF .JHVFM EF MB .BESJE BM EJBSJP GSBODÏT NÈT QSFTUJHJPTP -F .POEF JODMVZF B MPT DPNCBUJFOUFT EF BNCPT CBOEPT Z B MPT DJWJMFT MP RVF BIPSB TF MMBNB iEB×PT DPMBUFSBMFTw WÓDUJNBT EF MB SFQSFTJØO EF MB WJPMFODJB EFM IBNCSF Z EF MBT FQJEFNJBT EFTBUBEBT QPS MBT SFDPODFOUSBDJPOFT QFSJØEJDBT PSEFOBEBT QPS FM &KÏSDJUP &M FY QSFTJEFOUF
3&(*4530 -B $SJTUJBEB FT FM ÞMUJNP NPWJNJFOUP BSNBEP FO .ÏYJDP DPOUSB FM (PCJFSOP
&NJMJP 1PSUFT (JM TVDFTPS EF $BMMFT IBCMBCB FO TVT NFNPSJBT EF USFT NJM NVFSUPT BM NFT FO DPNCBUF 4J MB HVFSSB EVSØ BMSFEFEPS EF NFTFT FTP EBSÓB NJM DPNCBUJFOUFT NVFSUPT QPS QBSUF EF MPT EPT CBOEPT BTÓ DPNP NJM DJWJMFTw "QVOUB RVF FO FM FOGSFOUBNJFOUP TF FTUJNB MB QBSUJDJQBDJØO EF NJM DSJTUFSPT NJM GFEFSBMFT Z NJM BHSBSJTUBT EF DPOUSBHVFSSJMMB -B $SJTUJBEB SFQSFTFOUB FM ÞMUJNP NPWJNJFOUP BSNBEP FO .ÏYJDP DPOUSB FM (PCJFSOP &M EF BHPTUP EF TF EFDMBSØ MJDFODJBEB B MB (VBSEJB /BDJPOBM $SJTUFSB &M (PCJFSOP FYJHJØ MB FOUSFHB EF
MBT BSNBT Z MPT ÞMUJNPT DPNCBUJFOUFT TF EJTQFSTBSPO FO TFQUJFNCSF QSØYJNP &M KFGF TVQSFNP EF MB (VBSEJB +FTÞT %FHPMMBEP (VÓ[BS EJSJHJØ FM TJHVJFOUF NFOTBKF FO DPOEFOB B MPT iBDVFSEPTw DPO MB BVUPSJEBE i-B (VBSEJB EFTBQBSFDF OP WFODJEB QPS OVFTUSPT FOFNJHPT TJOP FO SFBMJEBE BCBOEPOBEB QPS BRVFMMPT RVF EFCÓBO SFDJCJS MPT QSJNFSPT FM GSVUP WBMJPTP EF TVT TBDSJGJDJPT Z BCOFHBDJØOw -B DSÓUJDB EF %FHPMMBEP (VÓ[BS TF EJSJHÓB B MPT RVF QBDUBSPO FM GJO EF MB $SJTUJBEB NPOTF×PS 1BTDVBM %ÓB[ Z FM BS[PCJTQP -FPQPMEP 3VJ[ Z 'MPSFT RVJFOFT SFDJCJFSPO FM MJODIBNJFOUP NPSBM EF MPT BM[BEPT
Ã&#x160;
.J¦SDPMFT EF PDUVCSF EF
Ã&#x160; ", ", &- */'03."%03
* Ã&#x160;Â&#x2122;xÂ&#x2021;
1~(*/" &
* Ã&#x160;Â&#x2122;Ã&#x2C6;Â&#x2021;
1~(*/" &
Ã&#x160; ", ", &- */'03."%03
.J¦SDPMFT EF PDUVCSF EF