'6/%"%03&4 +FT·T ~MWBSF[ EFM $BTUJMMP 7 +PSHF ~MWBSF[ EFM $BTUJMMP ;
&%*503 %*3&$503 $BSMPT ~MWBSF[ EFM $BTUJMMP (
&- */'03."%03 t " )&3/«/%&;
"º0 9$7** 50.0 $$$-97*** /Á.&30
<hg f lb\Z CnZg @^efZg lZ[^ [b^g l cej] 4
M^kmnebZ \hg Obeehkh
jÀV ià ?d]nh]
: ^lmZ _^kbZ ^lm g mh]hl
bgobmZ]hl r iZkZ mh]hl aZr'
L cej] 0
=b eh`h Ëjnbchm^l\hÌ
1 SF[ 3FWFSUF Z MPT NJM KªWFOFT L cej] /
&'& 4«4)&/," (65*²33&;
de La
L cej] .
#
4&$$* /Ê
1 , ]Ê °]Ê , " -ÊÎÊ Ê , Ê ÊÓä£{ -Õ«iÀÛ Ã ÀÊUÊ >Ê, `À }ÕiâÊÉÊ> >°À `À }ÕiâJ v À >` À°V ° ÝÊÉÊ ijÊ Õ âÊÉÊ> iiJ v À >` À°V ° Ý &- */'03."%03 t & #"33&3"
6OB DIBSMB iBCBSSPUBEBw
In[eb\Z\b g Ik^l^gmZ\b g ]^ eb[kh
&M EFTBG¤P FTU FO BTVNJS MPT GSBDBTPT &O MB JOOPWBDJªO FTU FM EFTBSSPMMP QFSP QBSB MMFHBS B TUF QSPCBCMFNFOUF IBCS RVF JOUFOUBSMP WBSJBT WFDFT FO TV N T SFDJFOUF MJCSP "OES T 0QQFOIFJNFS QSFTFOUB BMHVOBT DMBWFT QBSB Âa$SFBS P NPSJS Ã
%
FTEF IBDF WBSJPT BÁPT FM QFSJPEJTUB "O ES¹T 0QQFOIFJNFS IB DFOUSBEP TV BUFODJÂO FO USFT UFNBT GVOEBNFOUBMFT QBSB FM EFTBSSPMMP EF MPT QVFCMPT JOOP WBDJÂO DPNQFUJUJWJEBE Z DBMJEBE EF MB FEVDBDJÂO %F BI½ EF VOB TFSJF EF FOUSFWJTUBT DPO EJWFSTPT FTQFDJBMJTUBT TVSHJÂ VOB USJMPH½B RVF DPO i`$SFBS P NPSJS w MMFHB B TV GJO BOUFT GVFSPO i$VFO UPT DIJOPTw RVF USBUB EF MB DPNQFUJUJWJEBE Z i#BTUB EF IJTUPSJBTw SFGFSFOUF B MB FEVDB DJÂO -BT IJTUPSJB TF IB UFKJEP QPDP B QPDP Z EF BMHV OB NBOFSB MPT MJCSPT SFTVMUBO GVOEBNFOUBMFT OP TÂMP QBSB IBDFS VO SFUSBUP EF QB½TFT DPO NBZPS EF TBSSPMMP TJOP QBSB FDIBS VO WJTUB[P FO BRVFMMPT FMF NFOUPT RVF IBO IFDIP RVF UBMFT OBDJPOFT GJHVSFO FO FM NBQB QPS FODJNB EF PUSPT QVFCMPT "T½ FO USFT UPNPT 0QQFOIFJNFS IB QVFTUP TP CSF MB NFTB MBT DMBWFT QBSB FM EFTBSSPMMP Z VOB EF FMMBT FT TJO EVEB MB JOOPWBDJÂO RVF FT MB GPSNB FO RVF TF QVFEF BWBO[BS
-B QVCMJDBDJÂO RVF ZB TF IB QSFOTFOUBEP FO EJWFSTPT FODVFOUSPT MJCSFSPT BZFS TVDFEJÂ FO MB '*- EF (VBEBMBKBSB EB DVFOUB EF DÂNP "N¹SJDB -BUJOB TF FTU² RVFEBOEP BUS²T QPS MB GBMUB EF DVMUV SB FO JOOPWBDJÂO &TUP DVFOUB 0QQFOIFJNFS UJFOF RVF WFS DPO MB DPTUVNCSF RVF MB TPDJFEBE MBUJOP BNFSJDBOB UJFOF EF TFHSFHBS B BRVFMMPT RVF GSBDB TBO iEFTDPOPDJFOEP RVF FT QBSUF GVOEBNFOUBM EFM ¹YJUP $PNP MPT IFSNBOPT 8SJHIU RVJFOFT DSFBSPO FM BFSPQMBOP EFTQV¹T EF NVDIPT JOUFOUPT 0 5IP NBT &EJTPO JOWFOUPS EFM GPDP &MMPT TPO DMBSPT FKFNQMPT EF RVF FM GSBDBTP FT TÂMP VO QBTP N²T QB SB MMFHBS BM ¹YJUP : FT FO FTUF FOUFOEJNJFOUP EPO EF SBEJDB FM EFTBG½P EF MPT QB½TFT MBUJOPTw 0QQFOIFJNFS TVTUFOUB FM U½UVMP EF TV MJCSP i`$SFBS P NPSJS w DPO VO DPODJFO[VEP BO²MJTJT EF TJUVBDJPOFT SFBMFT "T½ QPS FKFNQMP DJUB FM GSBDBTP EF ,PEBL FNQSFTB DPO NJM FNQMFBEPT RVFCSÂ BM OP BUSFWFSTF B FOUSBS B MB GPUPHSBG½B EJHJUBM B QF TBS EF TFS QJPOFSB FO FM EFTBSSPMMP EF MB UFDOPMPH½B &O UBOUP RVF i*OTUBHSBN DPO FNQMFBEPT TF WFO
EJÂ FO NJMFT EF EÂMBSFTw TJNQMFNFOUF QPS BUSFWFS TF B EBS VO QBTP i&M EFTBG½P FT JOOPWBS P RVFEBSTF BUS²Tw FOGBUJ[B i.¹YJDP QPS FKFNQMP SFHJTUSÂ QBUFOUFT BOUF MB 0SHBOJ[BDJÂO .VOEJBM EF MB 1SPQJFEBE *OUFMFDUVBM OBEB DPNQBSBEP DPO MBT NJM RVF SFHJTUSB $P SFB EF 4VSw Z QSPCBCMFNFOUUF FTP OBEB UJFOF RVF WFS DPO MB BVTFODJB EF DBQBDJEBE Z UBMFOUP TJOP DPO iMB GBM UB EF SFTQFUP Z UPMFSBODJB BM GSBDBTPw 5BNCJ¹O EFTUBDB FO MB PCSB FOUSFWJTUBT B QFSTPOB KFT DPNP 1FQ (VBSEJPMB FOUSFOBEPS EFM #BSDFMPOB Z (BTUÂO "DVSJP DIFG SFWPMVDJPOBEPS DVZPT UFTUJNPOJPT OP TÂMP EFNVFTUSBO RVF MB JOOPWBDJÂO WB N²T BMM² EF MB UFDOPMPH½B TJOP RVF FM ¹YJUP EF FMMP OP DBF EFM DJFMP 0QQFOIFJNFS DPOGJFTB RVF ¹M OP FT UBO JOOP WBEPS DPNP MF HVTUBS½B i:P FNQFD¹ FO VOB SFWJTUB EF OPUJDJBT FO "SHFOUJOB %FTQV¹T FO &TUBEPT 6OJ EPT FTDSJC½B TPCSF FDPOPN½Bw N²T BEFMBOUF TF IJ [P DPSSFTQPOTBM FO MB BHFODJB "TTPDJBUFE 1SFTT iZ BIPSB NF UJFOFT BRV½ FTDSJCJFOEP TPCSF JOOPWB DJÂOw DPODMVZF SJFOEP
-B SFJOWFODJÂO FT MB DMBWF EFM ¹YJUP FO VO NVOEP EPOEF MB FDPOPN½B TF JNQPOF EPOEF FM BMNJSBOUF FT FM $&0 EF FNQSFTBT FYJUPTBT DPNP (PPHMF P "QQMF FM NVOEP FTU² DBNCJBOEP EF VOB NBOFSB JNQSFTJP OBOUF MBT OFDFTJEBEFT EF MPT KÂWFOFT FT U²O DBNCJBOEP EF MB NBOP EF MBT OVFWBT UFDOPMPH½BT FOUPODFT {DÂNP JOOPWBS TF QSFHVOUB "OES¹T 0QQFOIFJNFS FO MB QSF TFOUBDJÂO EF TV MJCSP i`$SFBS P .PSJS w DPO VO JOWJUBEP FTQFDJBM Z FKFNQMP FO TVT QB MBCSBT EF MB JOOPWBDJÂO NJTNB FO MBT SF EFT TPDJBMFT $SJTUÂCBM 1FSB EJSFDUPS FEJUPSJBM EF 1FOHVJO 3BOEPN )PVTF FO .¹YJDP RVF TJO N²T QSFBNCVMPT UJFOF MB QSJNFSB QB MBCSB Z EFTQV¹T EF BEKVEJDBSMF VO $7 DPO DPMBCPSBDJPOFT FO $// Z USFT MJCSPT N²T JOWJUB BM DPMVNOJTUB EF 5IF .JBNJ )FSBME B DPNQBSUJS MBT DJODP DMBWFT EF MB JOOPWB DJÂO Z MB FTQFSBO[B EF "N¹SJDB -BUJOB &M NBSDP FT BNQMJP EFEJDÂ DJODP BÁPT QBSB FODPOUSBSTF DPO VOB QSPQVFTUB EPO EF EFOUSP EF MB JOOPWBDJÂO NJTNB IBZ RVF NPEJGJDBS MBT MFZFT RVF MB JOIJCFO FTUJNV MBS MB JOWFSTJÂO FO JOOPWBDJÂO Z QPS ÈMUJ NP HMPCBMJ[BSMB &O VO QB½T EPOEF MPT DIJ DPT RVJFSFO TFS GVUCPMJTUBT P SPDLFSPT FM GSBDBTP FT FTUJHNBUJ[BEP 5FOFNPT RVF DSFBS VOB DVMUVSB RVF WFOFSF B MPT JOOPWB EPSFT Z iMB HFOUF RVF GSBDBTB TÂMP OFDFTJ UB VOB WJDUPSJBw BÁBEF $IVNFM 5PSSFT 0QQFOIFJNFS DVFOUB RVF GVF FO 4JMJ DPO 7BMMFZ TF TPSQSFOEJÂ EF RVF FM CSB[P EF SFDIP EF VOP EF MPT JOOPWBEPSFT RVF FOUSF WJTUÂ GVFSB NFYJDBOP $IVNFM PCKFUB RVF "OES¹T NJTNP TF SFTQPOEJÂ EFM QPS RV¹ "N¹SJDB -BUJOB OP UJFOF VO 4UFWF +PCT P VO #JMM (BUFT &M JOHFOJFSP SFQPSUFSP Z WJEFP CMPHVFSP EF &M QVMTP EF MB SFQÈCMJDB BQSP WFDIB Z DVFOUB TPCSF ¹YJUP DPO FM RVF IB SF QVOUBEP TV OPUJDJFSP EF :PV5VCF QPS FTB OFDFTJEBE EF IBDFS BMHP EJGFSFOUF JOWJUB B TFS N²T OFSE B QSFHVOUBS N²T Z DSFBSTF MBT OFDFTJEBEFT RVF DBEB JOOPWBEPS QVFEF QB UFOUBS DBEB WF[ DPO N²T BDDFTJCJMJEBE B VO QÈCMJDP DPO N²T OFDFTJEBEFT
1~(*/" #
&- */'03."%03
.J¦SDPMFT EF EJDJFNCSF EF
-1* ,Ê*, "
Más que mil...
E^\mhk^l ihk ]hjnb^k& eZ `^gm^ gh iZkZ ]^ ee^`Zk Z eZ ?BE( M IZk^\b^kZ jn^ ehl g]b\^l ]^ e^\mnkZ lhg f l Zemhl ]^ eh jn^ l^ ]b\^(
Ê?Ài>Ê`iÊ Ê ÃÊ Ê`i >Ê`iÊÌi iÀÊv ià Ì>ÃÆÊ ÃÊiëiVÌ?VÕ ÃÊv ÕÞi ]Ê ÃÊ ÃÊ`iÊ >ÃÊiÃVÕi >ÃÊ«iÀ > iVi Êi Ê ÃÊÌ> iÀiÃ]Ê > }Õ ÃÊ«>`ÀiÃÊ iÛ> Ê>ÊÃÕÃÊ«iµÕi ÃÊ « ÀÊ >ÊÌ>À`i°Ê ÃÌiÊiÃ]Êà Ê`Õ`>]Êi Ê Õ}>ÀÊ ?ÃÊ«Ài ` ` Ê`iÊ >ÊviÀ >°
Ê*, , Ê6 < 1 Ê«i Ã>À >ʵÕiÊÌ ` ÃÊÃ>Li ʵÕiÊ`iÊ Õ iÃÊ>Ê jÀV iÃÊi Ê>VVià Ê>Ê >Ê ]Ê« ÀÊ >Ê > > >]ÊiÃÌ?Ê Ì>` Ê>Ê«À vià > iÃ°Ê *ÕiÃÊ °Ê ÞiÀÊÕ >Ê Õ iÀ]Êi Ê >Ê«À iÀ>ÊÛ Ã Ì>Ê`iÊÃÕÊÛ `>]Ê Ê«Õ` Êi ÌÀ>ÀÊÞÊiÃ Ê >ÊÃiÊ «ÕÃ Ê ÕÞÊ > °Ê· > Ì>À?Ê v À >V ¶
Ì Ê"ÀÌÕ
&- */'03."%03 t " )&3/«/%&;
Ê , ÊÊ
Ê -Ê6 -
:XjX kfdX[X 6O FEJUPS EF DVZP OPNCSF OP RVJFSP BDPSEBSNF TF RVFKBCB FM MVOFT QPS MB NBÁBOB EF IBCFS DBNJOBEP DJFO NFUSPT N²T EF MP QSFWJTUP QBSB FOUSBS B MB '*- &TUP QPSRVF MB QPMJD½B SPEFÂ EF WBMMBT MB &YQP OP GVFSB B TFS RVF MPT NBOJGFTUBOUFT RVF QSPUFTUBS½BO IPSBT EFTQV¹T QPS MB EFTBQBSJDJÂO EF MPT OPSNBMJTUBT EF "ZPU[JOBQB EFDJEJFSBO NVUBS FO IVOPT Z FOUSBS B TBOHSF Z GVFHP BM SFDJOUP DPTB RVF EFTEF MVFHP TÂMP GPSNBCB QBSUF EF MB DBVUFMPTB JNBHJOBDJÂO PGJDJBM Z OP FTUVWP OJ DFSDB EF TVDFEFS &O GJO RVF FM FEJUPS EF NBSSBT SFOFHÂ EF RVF TV DBNJOP TF WJFSB BMUFSBEP QPS FM EJTQPTJUJWP QPMJDJB DP Z TF EFD½B BQPDBM½QUJDP i/VODB WJ OBEB TFNFKBOUF FO MB '*- &TUP TF FT U² QPOJFOEP NVZ GFPw 4JO QSFUFOEFS SFGVUBSMP BVORVF MP NFSFD½B QPSRVF FM UJQP FT EF MB DBMBÁB EF RVJFOFT QJFOTBO RVF MPT EFTBQBSFDJEPT Z NVFSUPT TF NFSFDFO MP RVF MFT PDVSSB NF WJ PCMJHBEP B IBDFS NFNPSJB -B WFSEBE FT RVF MBT NFEJEBT EF TFHVSJEBE QVFEFO IBCFS SFTVMUBEP NPMFTUBT Z FTUPSCBSPO FM JOHSFTP EFM QÈCMJDP QFSP OJ FT MB QSJNFSB WF[ RVF TVDFEF OJ FT MB N²T JSSJ UBOUF EF MB IJTUPSJB &O BMHVOB PDBTJÂO FM FOUPODFT QS½ODJQF IFSFEFSP EF MB DPSPOB EF &T QBÁB Z BDUVBM SFZ 'FMJQF EF #PSCÂO UVWP B CJFO IBDFS VO SFDPSSJEP QPS MB GFSJB &M &TUBEP .BZPS 1SFTJEFODJBM JOTUBMÂ CBSSFSBT IVNBOBT EF TPMEBEPT QBSB DVTUPEJBS TV QBTP 6O TFSWJEPS RVFEÂ WBSBEP FO FM TFHVOEP QJTP EFM TUBOE EF 1MBOFUB KVOUP DPO FM OPWFMJTUB 1FESP OHFM 1BMPV .²T EF EPT IP SBT QFSNBOFDJNPT BMM½ JNQPTJCJMJUBEPT EF DJSDVMBS QPS MPT QBTJMMPT .JSB NPT B MPT TPMEBEPT Z B BMHVOPT USBKFBEPT RVF DPSS½BO EF VO MBEP B PUSP DPO BEFNBOFT EF FTUBS IBDJFOEP DPTBT JNQPSUBOU½TJNBT BVORVF MP RVF IBD½BO FSB SFQBSUJS WBTJUPT EF DBG¹ B MPT PGJDJBMFT &M GPUÂHSBGP RVF JCB B SFUSBUBS B 1BMPV OVODB MMFHÂ 4F RVFEÂ WBSBEP FO VO DPSSFEPS TFOUBEP FO MB BMGPN CSB B MB FTQFSB EF RVF MP EFKBSBO BWBO[BS &M QS½ODJQF QBTÂ BM GJO %FCF IBCFS UBSEBEP USFT NJOVUPT FO SFDPSSFS FM ²SFB i{5F GJKBT -B NPOBSRV½B UPEBW½B TF MBT BSSFHMB QBSB FTUBSOPT GSF HBOEPw EJKP GJMPTÂGJDBNFOUF 1BMPV "M MBEP EF FTF DJFSSF MP EFM MVOFT GVF GSBODBNFOUF NFOPS
&- .&+03 1PSSÞB IB TPSQSFOEJEP B MPT WJTJUBOUFT B MB 'FSJB *OUFSOBDJPOBM EFM -JCSP TVT FOPSNFT MJCSFSPT MF IBO WBMJEP TFS SFDPOPDJEP DPNP FM NFKPS FTQBDJP FO FM SFDJUOP GFSJBM &- */'03."%03 t " )*/0+04"
&- */'03."%03 t " )&3/«/%&;
OKIKO HA?PKNAO
13016&45"4 %& 05304 3*/$0/&4 &M TUBOE EF 5BJXÈO DVFOUB DPO VOB HSBO WBSJFEBE EF MJCSPT MPT EF MPT QFRVF×PT DPO CFMMBT JMVTUSBDJPOFT TJFNQSF MMBNBO MB BUFODJØO
-*#30 &-&$53»/*$0 6O FTQBDJP QBSB DPOPDFS DØNP GVODJPOB BRVFMMP RVF iTVQMJSÈw B MPT MJCSPT USBEJDJPOBMFT
&- */'03."%03 t " )&3/«/%&;
&- */'03."%03 t + .&/%0;"
Desde un hábito, hasta una forma de entretenimiento, pero la lectura logró convertirse para varias personas en parte de su día a día.
>À >Ê ÃµÕ Ûi ] estudiante i#SJEBw EF 1BVMP $PFMIP GVF FM QSJNFS MJCSP RVF MF½ "DUVBMNFOUF FTUPZ DPO i.FNPSJBT EF NJT QVUBT USJTUFTw EF (BSD½B .²SRVF[ -FFS FT VO I²CJUP QBSB NJ
i > `À Ê >ÀÌ iâ] ingeniero i7JBKF BM DFOUSP EF MB UJFSSBw EF +VMJP 7FSOF GVF VOB EF NJT QSJNFSBT MFDUVSBT 1BSB N½ MB MFDUVSB FT VOB GPSNB EF FOUSFUFOJNJFOUP BIPSB FTUPZ DPO i&M NBSDJBOPw EF "OEZ 8FJS
V>Ê i V > ] Distribuidora de libros
*/7*5"%0 )BDF VO B×P *TSBFM GVF FM JOWJUBEP EF IPOPS B MB '*- IPZ MVDF FO VO FTQBDJP VO QPDP NÈT QFRVF×P BVORVF NBOUJFOF BMHVOPT FMFNFOUPT RVF TF WJFSPO FOUPODFT
i-B #JCMJBw GVF FM QSJNFS MJCSP FO NJ WJEB OPT EB HV½B Z FTQFSBO[B "IPSB NF FODVFOUSP DPO MFDUVSBT TPCSF DSJBO[B EF MPT IJKPT
&/$"/5"%0 $VBOEP TF FODVFOUSB VO CVFO MJCSP FT JNQPTJCMF EFTQFHBSMF MB WJTUB
&- */'03."%03 t " )*/0+04"
6O IBMDªO MMBNBEP &EVBSEP $IJSJOPT &M QFSVBOP QSFTFOUB FTUB UBSEF Â"OVBSJP N¤OJNPÃ Z FDIB VO WJTUB[P B T¤ NJTNP
&
EVBSEP $IJSJOPT FT VO IBMDÂO FO DBV UJWFSJP EF VO JORVJMJOP RVF MP RVJFSF TVQMBOUBS 1FSP ¹M FO MVHBS EF IBCMBS EF TV WJEB DPNP QSJTJPOFSP QSFGJFSF TFHVJS FTDSJCJFOEP QPFT½B &M QPFUB QFSVBOP RVJFO BEFN²T FT FOTBZJT UB Z USBEVDUPS QSFTFOUB FO MB 'FSJB *OUFSOBDJPOBM EFM -JCSP EF (VBEBMBKBSB '*- i"OVBSJP N½OJ NPw Z i.FEJDJOBT QBSB RVFCSBOUBNJFOUP EFM IBM DÂOw EPT PCSBT RVF BVORVF FTU²O FTDSJUBT FO UP OPT EJGFSFOUFT FM BVUPS EJDF RVF TPO NVZ QBSFDJEBT FOUSF T½ -B NPUJWBDJÂO QBSB FM QSJNFSP MF MMFHÂ DVBO EP FTUBCB QPS DVNQMJS BÁPT $IJSJOPT EJDF RVF UPEPT MPT BÁPT PDVSSFO DPTBT JNQPSUBOUFT Z RVJ TP FO QSPTB IBCMBS EF MPT BDPOUFDJNJFOUPT RVF MP IBC½BO NBSDBEP EFTEF RVF OBDJÂ &O FTB SFWJTJÂO DVFOUB RVF EFTDVCSJÂ RVF UPEP BEPMFTDFOUF TF DPOTUSVZF EF MB BOU½UFTJT EFM OJÁP RVF GVF MP OJFHB 1FSP DPO FM UJFNQP FTF NV SP EFTBQBSFDF i5F EBT DVFOUB RVF MB MMVWJB MP IB EFTNPSPOBEP MPT UFNCMPSFT MP EFTUSVZFSPO FO UPODFT VOP QBTB Z WF B VO OJÁP TFOUBEP FTQFSBO EP RVF OP TF IBC½B JEP RVF FTUBCB BI½w 1BSB i.FEJDJOBT QBSB RVFCSBOUBNJFOUP EFM IBMDÂOw RVF QBSUF EF VOB TJUVBDJÂO QFSTPOBM TF JOTQJSÂ FO FM QFSTPOBKF EFM FTDSJUPS QPSUVHV¹T
&O MB NJTNB NFEJEB FO RVF -ÂQF[ "ZBMB TF OFHÂ B IBCMBS EF TVT DJSDVOTUBODJBT ZP NF OFHV¹ B IBCMBS EF NJT DJSDVOTUBODJBT DPNP FOGFSNPw `Õ>À` Ê À Ã] escritor peruano.
1FSP -ÂQF[ EF "ZBMB RVJFO GVF UPNBEP QSJTJPOF SP FO FM DFOUSP EF -JTCPB Z QBTÂ EPT BÁPT FO MB D²SDFM &TUF IPNCSF FO WF[ EF RVFKBSTF FMBCP SB VO USBUBEP TPCSF MB i$B[B EF MBT BWFTw FO DV ZP ÈMUJNP DBQ½UVMP EJDF DV²MFT TPO MBT NFEJDJOBT QBSB TBOBS B MPT IBMDPOFT $IJSJOPT DPOGJFTB RVF TVGSF EFTEF IBDF EPT BÁPT VOB FOGFSNFEBE BM JHVBM RVF FM IBMDÂO MB DVBM MP IB IFDIP DBNCJBS TV NBOFSB EF SFMBDJP OBSTF DPO TVT BNJHPT FTQPTB Z IBTUB DPOTJHP NJTNP i&O MB NJTNB NFEJEB FO MB RVF -ÂQF[ EF "ZBMB TF OFHÂ B IBCMBS EF TVT DJSDVOTUBODJBT DP NP QSJTJPOFSP ZP NF OFHV¹ B IBCMBS EF NJT DJS DVOTUBODJBT DPNP FOGFSNP 1SFGFS½ IBCMBS EF MP RVF BDPOUFD½B FO N½ FO FTF QFSJPEPw &TB TJUVBDJÂO IB PCMJHBEP BM FTDSJUPS B SFEF GJOJS TV QSPQJB JEFOUJEBE B USBW¹T EF QPFNBT DP NP i*ODJEFOUF DPO FM QFSSP EF MB DBMMF w i-FZFO EP B 4JEEIBSUIB .VLIFSKFFw P FM FTDSJUP FM i%PNJOHP EF 1BTDVBw QFSP FOGBUJ[B TJO USB UBS EF VUJMJ[BS MB FOGFSNFEBE QBSB WJODVMBSTF DPO FM NVOEP BVORVF B WFDFT TF TJFOUB DPNP VO FY USBÁP i&T DPNP TJ GVFSBT VO JORVJMJOP JODBQB[ EF QBHBS MB NFOTVBMJEBE RVF VTVSQB UV QFSTPOBMJ EBE %FTDVCSFT RVF FTF JORVJMJOP FSFT UÈ NJTNP DPO FM RVF UJFOFT RVF BQSFOEFS B SFMBDJPOBSUFw -B QSFTFOUBDJÂO EF i"OVBSJP N½OJNP w FT FTUB UBSEF B MBT IPSBT FO FM 4B MÂO "MGSFEP 3 1MBDFODJB FO MB QMBOUB BMUB EF &Y QP (VBEBMBKBSB
.«4 26& 6/ "/&$%05"3*0 " USBWÏT EF i"OVBSJP NÓOJNPw &EVBSEP $IJSJOPT NVFTUSB VOB QBSUF EF TV WJEB
.J¦SDPMFT EF EJDJFNCSF EF
1~(*/" #
&- */'03."%03
Ehl iZlbeehl ]^ eZ ?^' kbZ l^ ee^gZg ]^ gn^' oZl ^qik^lbhg^l ^ b]^Zl(
1&-*(30 "/*."-
05304 .6/%04
*."(*/"$*»/
9>ÊÃi>Ê«>À>Ê`ivi `iÀÃiÊ Ê«>À>Ê V Ãi}Õ ÀÊV `>]Ê ÃÊ> > iÃ°Ê Ì i i Ê Êv À >ÃÊ`iÊ>V>L>ÀÊV Ê ÃÕÃÊ«ÀiÃ>ðʷ ÕÀ à ¶
1 Ê LÀ Êi Êi ʵÕiÊÃÕÊ>ÕÌ ÀÊiÝ« iÊ >ÊÛ Ã Ê`i Ê Õ ` ]Ê>ÊÌÀ>ÛjÃÊ `iÊ ÃÊVÕÀ à ÃÊ ÃÊ`iÊÕ Ê °Ê 1 ÊÌiÝÌ Êà LÀiÊÀ> ViÃÊÞÊLi iâ>°
Õ> ` Ê >ÊV iÌ>Ê`iÊ Þ`ʵÕi `>Ê>Ì>ÃV>`>Êi ÊÕ Ê?ÀL ]Ê >Ê > } >V ÊÃiÀ?Êi Ê ÌiÊ«>À>Ê Ìi Ì>ÀÊL> >À >°
/ /1 "\Ê > iÃÊ iÌ> iÃ°Ê 1/",\Ê V >ÃÊ >Û iÃ°Ê /", \Ê >V > °Ê-/ \Ê £ä°Ê \Ê , Ê / , "
/ /1 "\Ê ÀL Ê`iÊ >ÊÛ `>°Ê 1/",\Ê >ÀV Ê ÕÀi Ê >Ûiâ >Þ>°Ê /", \Ê °Ê-/ \Ê Ó°Ê \Ê 6 Ê 1 / -/ -
/ /1 "\Ê ÌÀ>«>` Ã°Ê 1/",\Ê" ÛiÀÊ ivviÀÃ°Ê /", \Ê °Ê -/ \Ê £ä°Ê \Ê , Ê Ê ,"Ê /,$ "
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: &- */'03."%03 & #"33&3"
-*#30 -B BEBQUBDJØO SFBMJ[BEB QPS FM BVUPS EF i-B SFJOB EFM TVSw DPOUØ DPO FM QSØMPHP EF %BSÓP 7JMMBOVFWB
$)"3-" $0/ 1ÏSF[ 3FWFSUF Þʺ Ê Ûi iÃÊÞÊÕ Ê +Õ Ìi»]ÊV ÛiÀÃ>V Ê V Ê ÀÌÕÀ Ê*jÀiâ ,iÛiÀÌi]Ê `iÀ>Ê >LÀ i >Ê7>À i Ì ]Êi Êi Ê Õ` Ì À Ê Õ> Ê ,Õ v ]Ê£Ç\ÎäÊ À>ðÊ
-
B 'FSJB *OUFSOBDJPOBM EFM -JCSP GVF FM MVHBS RVF FTDPHJÂ MB 3FBM "DBEFNJB &TQBÁPMB 3"& Z MB FEJUPSJBM 4BOUJ MMBOB QBSB MBO[BS MB WFSTJÂO FTDPMBS EF i&M 2VJKPUFw VOB BEBQUBDJÂO EFM OPWFMJTUB "SUVSP 1¹SF[ 3FWFSUF &TUB WFSTJÂO MJHFSB UJFOF CSFWFT QSÂMPHPT EF %BS½P 7JMMBOVFWB Z EFM NJTNP BEBQUBEPS &M FKFN QMBS WB BDPNQBÁBEP EF SFDVSTPT EJE²DUJDPT DPO EJT UJOUPT OJWFMFT EF QSPGVOEJEBE Z TF QSFTFOUBS² FO .BESJE MB QSÂYJNB TFNBOB 3PTB +VORVFSP EJSFDUPSB EF DPNVOJDBDJPOFT EF MB FEJUPSJBM 4BOUJMMBOB DPNFOUÂ RVF i-B FEJDJÂO FTU² NVZ DVJEBEB JODMVZF JMVTUSBDJPOFT JO¹EJUBT DPNP VOB QJF[B EF 'SBODJTDP EF (PZB IFDIB FO TV KVWFOUVE Z RVF OVODB IBC½B BDPNQBÁBEP BM A2VJKP UF FO VOB FEJDJÂOw BGJSNÂ +VORVFSP 4PCSF MB EFDJTJÂO EF QVCMJDBS VOB WFSTJÂO FT DPMBS +VORVFSP IBCMÂ i&T VOB FEJDJÂO OFDFTBSJB DVCSF VO IVFDP %B VOB MFDUVSB MJOFBM TJO USBNBT QBSBMFMBT MP RVF MB IBDF N²T MFHJCMF QBSB MPT FTUV EJBOUFT -PT QSPGFTPSFT RVJTJFSBO BCPSEBS NFKPS FM A2VJKPUF FO MBT BVMBT QFSP FTUP MP JNQJEF MB EJGJDVM UBE RVF FOUSBÁB MB NBKFTUVPTJEBE TPCSF UPEP B MPT FTUVEJBOUFT EF TFDVOEBSJB Z CBDIJMMFSBUPw 1BSB IBCMBS TPCSF FTUF OVFWP i2VJKPUFw "SUV SP 1¹SF[ 3FWFSUF TF SFGJSJÂ B MB TJUVBDJÂO BDUVBM i&O FTUPT UJFNQPT EF UVSCVMFODJB MB MFOHVB FT MB ÈOJDB QBUSJB RVF OP FTU² QVFTUB FO EVEBw FO QBSUJDVMBS DPO FM JEJPNB FTQBÁPM DPO N²T EF RVJOJFOUPT NJ MMPOFT EF IJTQBOPIBCMBOUFT 4JO FNCBSHP QBSB MB HSBO NBZPS½B EF QB½TFT DPO FM FTQBÁPM DPNP MFOHVB FM i2VJKPUFw SFTVMUB BKFOP FO MBT FTDVFMBT i&T VOB QFOB RVF MPT QMBOFT EF FTUVEJP EF MPT NJMMPOFT EF IJTQBOPIBCMBOUFT OP UFOHBO BM
&M 2VJKPUF
EF "SUVSP 1 SF[ 3FWFSUF Z TVT OVFWPT 4BODIPT
-B PCSB EF .JHVFM EF $FSWBOUFT 4BBWFESB DVFOUB DPO VOB OVFWB WFSTJªO VOB BEBQUBDJªO QFOTBEB QBSB BMVNOPT EF TFDVOEBSJB Z QSFQBSBUPSJB 6O USBCBKP EF 4BOUJMMBOB Z MB 3"& A2VJKPUF 6OB WFSHÊFO[B TÂMP TFJT QB½TFT EF IBCMB IJT QBOB MP UJFOFOw &TUP TF EFCF B RVF IB IBCJEP i(FOF SBDJPOFT EF NJOJTUSPT BOBMGBCFUPT RVF JHOPSBO RVJ¹O FT }&M 2VJKPUF}w DPNFOUÂ FM FTDSJUPS &M BEBQUBEPS BCVOEÂ FO MBT DJSDVOTUBODJBT BD UVBMFT EF QSPUFTUBT i&M NVOEP FT IFSNBOP EF MPT DB OBMMBT "IPSB FM DBOBMMB ZB OP FTU² UBO FTDPOEJEP ZB OP FT JNQVOF DPO MBT SFEFT TPDJBMFT ZB OP IBZ QPTJCJ MJEBE EF RVF RVFEF EFTDVCJFSUP &M DBOBMMB MF UJFOF NJF EP B MB HFOUF FT MP RVF IBDF RVF MPT HPCFSOBOUFT Z MPT HPMGPT RVF NBOJQVMBO UFOHBO DVJEBEPw $PO FTF QBOPSBNB OFHBUJWP IBZ VO ²QJDF EF FT QFSBO[B i4JFNQSF RVFEBO KVTUPT FO A4PEPNB T½ IBZ QSPGFTPSFT RVF TBCFO RVF A&M 2VJKPUF FT JNQPSUBOUF -P RVF IFNPT IFDIP FT EBSMFT VOB IFSSBNJFOUBw &M OPWFMJTUB FTQBÁPM QSPGVOEJ[Â FO MPT NFOTB KFT RVF USBF FM MJCSP EF $FSWBOUFT i1SPQPOF EJTDV TJPOFT ¹UJDBT MJUFSBSJBT NPSBMFT EF WJEB RVF B DVBMRVJFS KPWFO MF TPO VUJM½TJNBTw
1BSB 3FWFSUF MPT GVODJPOBSJPT FEVDBUJWPT i/P IBO TBCJEP WFS FTP &O FTUPT UJFNQPT EF JODFSUJ EVNCSF EF JOKVTUJDJB &T CVFOP UFOFS BMHVOBT DFS UF[BT QBSB FODPOUSBS BQPZP FODPOUSBSTF JODMVTP QBSB IBMMBS DPOTVFMPw /P TÂMP MPT HPCFSOBOUFT IBO JHOPSBEP FM WBMPS EF FTUF DM²TJDP UBNCJ¹O BMHVOPT QSPGFTPSFT Z MPT NJTNPT FTUVEJBOUFT RVJFOFT FM BDFSDBNJFOUP B MB PCSB EF i$FSWBOUFTw MFT SFTVMUB EJG½DJM QPS TVT DB SBDUFS½TUJDBT i&T VO MJCSP DPNQMFKP $FSWBOUFT MP IJ[P NVZ DPNQMJDBEP BMHVOPT QSPGFTPSFT TF BTVT UBO BOUF ¹M 5PEBT MBT EJHSFTJPOFT RVF $FSWBOUFT JO DMVZÂ FO TV PCSB IBDFO RVF VO MFDUPS QPDP DVBMJGJ DBEP TF BTVTUF -B "DBEFNJB &TQBÁPMB CVTDÂ VOB IFSSBNJFOUB FGJDB[ SFTDBUBS MB QFSJQFDJB OBSSBUJWB RVJKPUFTDB EF NBOFSB MJOFBMw &M MJCSP FT QBSB MPT MFDUPSFT FMFNFOUBMFT P QB SB FM QSPGFTPS RVF RVJFSB USBCBKBS i&M 2VJKPUFw DPO TVT BMVNOPT
1PS FTP MB MBCPS QSJODJQBM EF "SUVSP GVF EF DV SBEVS½B i)B TJEP VO USBCBKP EF TFMFDDJÂO Z QPEBw -P RVF SFTUB FO QPDP N²T EF RVJOJFOUBT Q²HJOBT FT MB USBNB QSJODJQBM EFM A2VJKPUF Z QBSB IJMBS MPT Q² SSBGPT DPSUBEPT "SUVSP BGJSNB RVF MBT QBMBCSBT RVF BHSFHÂ TPO DJFO P DJFOUP DJODVFOUB i: UPEBT QFSUF OFDFO BM WPDBCVMBSJP DFSWBOUJOPw *HVBMNFOUF BTFHVSÂ RVF CVTDÂ OP UFOFS OP UBT BM QJF EF Q²HJOB QPS MP RVF TVTUJUVZÂ QBMBCSBT ZB PCTPMFUBT QPS U¹SNJOPT FRVJWBMFOUFT EF MB ¹QP DB -B MBCPS EF FEJDJÂO FTUVWP TVQFSWJTBEB i$BEB U¹SNJOP DBEB DPSUF MP IFNPT EJTDVUJEPw &M USBCB KP EF FEJDJÂO EVSÂ VO BÁP 1BSB DPNQMFNFOUBS MB QSFTFOUBDJÂO %BS½P 7J MMBOVFWB TFDSFUBSJP EF MB 3"& IBCMÂ TPCSF MB EF WPDJÂO RVF QSPGFTB "SUVSP DPO FTUF N²YJNP DM²TJ DP EF MB MJUFSBUVSB FTQBÁPMB DFMFCSBOEP TV UBSFB FO MB BEBQUBDJÂO Z BDMBSBOEP RVF iFTUB WFSTJÂO EJGJF SF EF MBT FEJDJPOFT BOPUBEBT Z BOUPMPH½BTw
EZ \hgoh\ZmhkbZ ]^e ik^fbh l^k eZgsZ]Z ^g ^e ,*+/
0UPSHBS O QSFNJP FO IPOPS B +PT &NJMJP 1BDIFDP /05*.&9
-B 'FSJB *OUFSOBDJPOBM EFM -JCSP '*- UJFOF VO OVFWP QSFNJP FO IPOPS BM QPF UB NFYJDBOP +PT¹ &NJMJP 1BDIFDP 4F USBUB EFM QSFNJP B MBT i-FUSBT EF MB /B UVSBMF[Bw DVZP GJO FT QSFNJBS MB MJUFSB UVSB JOUFSEJTDJQMJOBSJB FOUSF MB DJFODJB MB OBUVSBMF[B TVCZBDFOUF B MB EFQFO EFODJB EF MPT QBJTBKFT Z MPT QSPDFTPT OB UVSBMFT EF MBT DJVEBEFT &M BOVODJP GVF EBEP B DPOPDFS QPS FM QSFTJEFOUF EFM $PNJU¹ 0SHBOJ[BEPS EF MB '*- 3BÈM 1BEJMMB -ÂQF[ RVJFO BO UJDJQÂ RVF FTUF QSFNJP TF FOUSFHBS² B MB QBS EFM JOJDJP EF PCSBT RVF FEJGJDBS²O FM OVFWP .VTFP EF $JFODJBT "NCJFOUBMFT FO FM DPNQMFKP EFM $FOUSP $VMUVSBM 6OJ WFSTJUBSJP -B DPOWPDBUPSJB EFM QSFNJP TFS² MBO[BEB IBTUB FM TJHVJFOUF BÁP Z FM DP NJU¹ EF IPOPS RVF QSPQPOES² FM SFHMB NFOUP FOUPSOP B FTUF HBMBSEÂO TFS² QSF TJEJEP QPS MB WJVEB EFM IPNFOBKFBEP $SJTUJOB 1BDIFDP BEFN²T EF RVF FTUB S²O JODMVJEPT MPT TJHVJFOUFT QFSTPOBKFT .ÂOJDB -BW½O $PSBM #SBDIP *HOBDJP 4PMBSFT +PT¹ 4VSVLI²O Z 'FSOBOEP (PO[²MF[ (PSU²[BS &M QSFNJP DPOTJTUJS² FO VO EJQMP NB VOB NFEBMMB FTQJHVF EF +PT¹ &NJMJP 1BDIFDP Z VO NPOUP EF NJM QFTPT &TUF SFDPOPDJNJFOUP TFS² FOUSFHBEP B VOB PCSB FTDSJUB FO VOP EF MPT USFT QPTJ CMFT H¹OFSPT QPFT½B DVFOUP P FOTBZP
.VTFP EBSÈ JOJDJP FO FOFSP
$0.*5² &M BOVODJP EFM QSFNJP GVF EBEP B DPOPDFS QPS 3BÞM 1BEJMMB -ØQF[
&M .VTFP EF $JFODJBT "NCJFOUBMFT TFS² FM DVBSUP JONVF CMF EF HSBO GPSNBUP RVF TF FEJGJRVF FO MB [POB EF #FMF OFT BM OPSFTUF EF MB DJVEBE &M QSÂYJNP NFT EF FOFSP DP NFO[BS²O MPT USBCBKPT EF FEJGJDBDJÂO QPS MP RVF ZB TF DVFOUB DPO NJMMPOFT EF QFTPT EF MPT RVF SFRVFSJ S² MB JOWFSTJÂO &TUF FEJGJDJP TF BHSFHBS² BM "VEJUPSJP RVF MMFWB QPS OPNCSF 5FMNFY MB #JCMJPUFDB 1ÈCMJDB +VBO +PT¹ "SSFPMB Z FM $PNQMFKP EF "SUFT &TD¹OJDBT RVF FTU² B VO EF BWBODF Z RVF QPES½B DPODMVJSTF FO FM USBOTDVSTP EFM TJ HVJFOUF BÁP EJKP 3BÈM 1BEJMMB -ÂQF[
1~(*/" #
L^ bgb\b ^g eZ ih^l Z ]^l]^ m^fikZgZ ^]Z]& hkb^gmZ]h ihk ln a^kfZgh ;hkbl5 mZf[b g l^ \hgobkmb ^g i^kbh]blmZ
&- */'03."%03
.J¦SDPMFT EF EJDJFNCSF EF
&4" #"-"%"
.*45&3*0
" /"7&("3
1 ÊÀi >Ì Ê i Ê`iÊ >} >V ]Ê µÕiÊV i â>ÊV Êi ÊÀi >Ì Ê`iÊ Õ >ÊV>Liâ>ʵÕiÊÌi >ÊÕ Ê«>ÀÊ`iÊ `Õ`>Ã]Êà ÊÃ>LiÀÊà ÊiÀ>ÊLi >]Ê Ê ÕÞÊ}Ài Õ`>°
ÌiÃÊ`iÊ«>ÀÌ ÀÊ`iÊÛ > i]Ê >ÀL>Ê >âÕ ÊV v >Ê>ÊÃÕÊ Ûi Êië Ã>ÊÕ Ê > Ê`iÊ >ÛiÃʵÕiÊ>LÀi ÊÌ `>ÃÊ >ÃÊ«ÕiÀÌ>ÃÊ`iÊÃÕÊV>ÃÌ ]Ê «iÀ Ê iÊ>`Û iÀÌiÊ Ê>LÀ ÀÊ >`>°
1 >Ê` ÛiÀÌ `>Ê>Ûi ÌÕÀ>Ê`iÊ«>«i Ê V Ê iÀ Ã>ÃÊ ÕÃÌÀ>V iðÊ1 >Ê >ÊÃiÊL> >Ê>V «> >`>Ê« ÀÊ ÃÕÃÊ` ÛiÀÌ ` ÃÊL>ÀµÕ Ì ÃÊ`iÊ«> «i °
/ /1 "\Ê > >`>Ê«i Õ`>°Ê 1/",\Ê Û>ÀÊ`>Ê °Ê /", \Ê °Ê -/ \Ê Ó°Ê \Ê 6 Ê 1 / -/ -
/ /1 "\Ê >ÀL>Ê>âÕ °Ê 1/",\Ê >À iÃÊ*iÀÀ>Õ Ì°Ê /", \Ê °Ê -/ \ÊÓÎ°Ê \Ê , Ê Ê ,"Ê /,$ "
/ /1 "\Ê >ÀV Ê`iÊ«>«i °Ê 1/",\Ê Õ >Ê À iÃi°Ê /", \Ê °Ê -/ \Ê Ó°Ê \Ê 6 Ê 1 / -/ -
:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
+VBO
(&-."/ VO QPFUB TJO QBS
"
QFOBT USBOTDVSS½BO EPT TFNBOBT EF FTUF BÁP Z FM QPFUB BSHFOUJOP +VBO (FMNBO OBDJEP FO #VFOPT "JSFT "SHFOUJOB FO NPS½B FO MB DBQJUBM EF OVFTUSP QB½T EPOEF GJKÂ TV SFTJ EFODJB EFGJOJUJWB USBT TBMJS EF TV QBUSJB EFCJ EP B MB EJDUBEVSB NJMJUBS RVF UPNÂ FM QPEFS FO Z RVF DPNP B NJMFT EF TVT DPNQBUSJPUBT MF DPOWJSUJÂ FO W½DUJNB EJSFDUB BM TVGSJS MB Q¹SEJEB EF EPT EF TVT IJKPT )JKP EF JONJHSBOUFT SVTPT DSFDJÂ FO FM CBSSJP CPOBF SFOTF EF 7JMMB $SFTQP Z TF JOJDJÂ FO MB QPFT½B EFTEF UFN QSBOB FEBE PSJFOUBEP QPS TV IFSNBOP #PSJT DPO MPT BÁPT BCBOEPOÂ TV DBSSFSB EF 2V½NJDB QBSB EFEJDBSTF QPS DPN QMFUP B MBT MFUSBT Z EFTBSSPMMÂ VOB MBSHB Z GSVDU½GFSB DBSSF SB FO MB RVF UBNCJ¹O TF EFTFNQFÁÂ DPNP QFSJPEJTUB $POPDJEB FT MB IJTUPSJB EF MB SFDVQFSBDJÂO EF TV OJFUB QVFT USBT FM BSSFTUP EF TV IJKP Z OVFSB FNCBSB[BEB JOJDJB VOB JOWFTUJHBDJÂO RVF EFTFNCPDB FO FM IBMMB[HP EF TV OJFUB FM BÁP USBT VOB MVDIB QÈCMJDB RVF USBTMBEÂ B EJWFSTPT GSFOUFT B OJWFM JOUFSOBDJPOBM DPO FM BQPZP EF EJGFSFOUFT JO UFMFDUVBMFT Z FTDSJUPSFT FOUSF MPT RVF GJHVSBSPO MPT 1SFNJPT /PCFM (ÊOUFS (SBTT +PT¹ 4BSBNBHP Z %BS½P 'P
O=>AN IâO
NgZ chkgZ]Z ^g ln ahghk
1PFTªB RVF QPOF FM DVFSQP 1PS DBTJ TFJT E¹DBEBT MB FTDSJUVSB EF (FMNBO TF EJT UJOHVJÂ QPS VO BDFOESBEP DPOUFOJEP TPDJBM QFSP BTJNJT NP QPS VO EFDBOUBEP PGJDJP EPOEF DVQP FM IBCMB DPUJEJB OB Z MB FYQFSJNFOUBDJÂO GPSNBM BM HSBEP RVF TVT QPFNBT NFSFDJFSPO FM GBWPS VO²OJNF EF MB DS½UJDB FO OVFTUSB MFO HVB F JODMVTP FO PUSBT EJTUJOUBT QVFT TV PCSB TF IB USBEV DJEP B N²T EF VOB EFDFOB EF JEJPNBT "GJMJBEP B MBT KVWFOUVEFT DPNVOJTUBT EFTEF MB BEPMFT DFODJB OP FT FYUSBÁP RVF TV USBCBKP FTU¹ NBSDBEP QPS FM DPNQSPNJTP TPDJBM Z QPM½UJDP BVORVF OVODB BMFKBEP EF MP RVF MB FYQFSJFODJB NVOEBOB RVF EFMBUB TVT DVBMJEBEFT EF PCTFSWBDJÂO QVFT DPNP BMHVOB WF[ EJKP &MFOB 1POJB UPXTLB MB QPFT½B EFM BSHFOUJOP TJFNQSF USBUÂ TPCSF iQP OFS FM DVFSQPw BOUF MBT DPTBT Z MPT FWFOUPT BMHP RVF TF DPOGJSNB QPS MB MFHJÂO EF MFDUPSFT RVF DPTFDIÂ DPO MPT BÁPT
YYYZÊ, ` v Ê i`iÀ ÃÊ /À \Ê i > iÊ>Ê Õ> Ê i > ÊÉÊ jÀV iÃ]Ê Ó£\ääÊ À>Ã]Êi Êi Ê À Ê °Ê ÌÀ>`>\Ê}À>ÌÕ Ì>Ê YYYZʺ >À> >À>»\Ê i > iÊ>Ê Õ> Ê i > Ê ÉÊ ÕiÛiÃ]Ê£Ç\ÎäÊ À>Ã°Ê -iÊ«ÀiÃi Ì>À?Êi ÊÖ Ì
6O BNQMJP MFHBEP (FMNBO PCUVWP FO FM 1SFNJP /BDJPOBM EF 1PF T½B FO "SHFOUJOB FM 1SFNJP +VBO 3VMGP RVF DPODFEF MB '*- EF (VBEBMBKBSB FO FM BÁP FM 1SFNJP *CFSPBNFSJDB OP EF 1PFT½B 3BNÂO -ÂQF[ 7FMBSEF FO VO BÁP EFT QV¹T MPT QSFNJPT EF QPFT½B 1BCMP /FSVEB FO $IJMF Z 3FJ OB 4PG½B FO &TQBÁB Z FO FM 1SFNJP $FSWBOUFT N²YJNP HBMBSEÂO MJUFSBSJP FO MFOHVB FTQBÁPMB %F TV WBTUB PCSB QP¹UJDB EFTUBDBO MJCSPT DPNP i7JP M½O Z PUSBT DVFTUJPOFTw i&O FM KVFHP FO RVF BOEB NPTw i(PU²Ow i$ÂMFSB #VFZw i-PT QPFNBT EF 4JEOFZ 8FTUw i'²CVMBTw i4BMB SJPT EFM JNQ½Pw i4PNCSB EF WVFMUB Z EF JEBw i*ODPNQMFUBNFOUFw i4BMBSJPT EFM JNQ½P Z PUSPT QPFNBTw i7BMFS MB QFOBw i1B½T RVF GVF TF S² i.VOEBSw i%F BUS²TBMBOUF FO TV QPSG½Bw i#BKP MB MMVWJB BKFOBw i&M FNQFSSBEP DPSB [ÂO BNPSBw Z i)PZw
Ê LÀ Ê`iÊ« i >ÃÊ`iÊ i > ]ʺ >À> >À>»Ê >Ê"ÌÀ>]ÊÓä£{®]ʵÕiÊ V Ì i iÊ ÕÃÌÀ>V iÃÊ qÃi iVV >`>ÃÊ« ÀÊi Ê « iÌ>qÊ`i Ê« Ì ÀÊ i Ý V> Ê ÀÌÕÀ Ê, ÛiÀ>°Ê -i`i\Ê-> Ê£]Ê« > Ì>Ê L> >° &- */'03."%03 + .&/%0;"
E^mkZl( Ng bgm^k\Zf[bh ]^ ]b eh`hl ^gmk^ Znmhk^l
+VBO 7JMMPSP DPO Â&M PKP FO MB OVDBÃ
5«$5*$" 1BSB FTDSJCJS FM MJCSP 7JMMPSP F *MBO 4UBWBOT FNQMFBSPO MBT SFEFT TPDJBMFT Z MBT DPOWJSUJFSPO FO UFSUVMJBT EF DBGÏ
&O NFEJP EF MB JONFEJBUF[ RVF TF WJWF B USBW¹T EF MBT SFEFT TPDJBMFT Z FM VTP EFM JOUFSOFU FM H¹OFSP FQJTUPMBS FO MB MJUFSBUVSB QBSFDF VOB FYDFOUSJDJEBE /P PCTUBOUF TF QVFEF FODPOUSBS VO QVOUP NF EJP B USBW¹T EFM JOUFSDBNCJP EF DP SSFPT FMFDUSÂOJDPT iFO UJFNQP EF MBT SFEFT TPDJBMFT FTUBNPT BDPT UVNCSBEPT B UFOFS VOB DPNVOJDB DJÂO JOTUBOU²OFB NVDIBT WFDFT FWBOFTDFOUF *MBO 4UBWBOT Z ZP RVJTJNPT SFDVQFSBS VOB GPSNB N²T MFOUB EF MB DPOWFSTBDJÂO RVF QBTB QPS FM EJ²MPHP FTDSJUP 6UJMJ [BNPT MBT SFEFT DPNP TJ FTUVWJ¹ SBNPT FO VOB UFSUVMJB EF DBG¹w SF GJSJ 7JMMPSP &TUF FT FM GPSNBUP EFM OVFWP MJCSP EF +VBO 7JMMPSP FO DPOKVOUP DPO *MBO 4UBWBOT UJUVMBEP A&M PKP FO MB OVDB Z FEJUBEP QPS "OBHSBNB 4F USBUB EF VO JOUFSDBNCJP EF EJ² MPHPT QPS FTDSJUP FOUSF FTUPT EPT BVUPSFT VOB DPOWFSTBDJÂO B MB BO UJHVB i#VFOB QBSUF EF MB DVMUVSB TF IB IFDIP DPOWFSTBOEP &O FM TJ HMP 97*** MPT HSBOEFT QFOTBEPSFT GVFSPO UBNCJ¹O HSBOEFT MPDVBDFT )BC½B GBNPTPT TBMPOFT FO EPOEF 7PMUBJSF 3PTTFBV Z DPNQBÁ½B EJT DVU½BO EF UPEPT MPT UFNBT QPTJCMFT F JODMVTP IBC½B FODJDMPQFEJBT EF MB DPOWFSTBDJÂO QMBOFBEBT QBSB UF OFS DPOPDJNJFOUPT RVF UF QFSNJ UJFSBO EJBMPHBS DPO MPT EFN²T /P
FSB JOGPSNBDJÂO QVOUVBM TJOP PS HBOJ[BEB QBSB QPEFS IBCMBS TPCSF FM UFNB "T½ TF MMBNBCBO &ODJDMP QFEJBT EF MB $POWFSTBDJÂOw 1PS PUSP MBEP QBSB FM MJCSP IB TJEP NVZ FOSJRVFDFEPS MBT EJGF SFODJBT RVF FYJTUFO FOUSF MPT EPT FTDSJUPSFT i4PNPT NVZ EJGFSFO UFT *MBO FT VO NFYJDBOP FSSBOUF " MPT BÁPT TBMJÂ EF .¹YJDP QFS UFOFDF B MB DPNVOJEBE KVE½B Z QPS MP UBOUP UJFOF QBSJFOUFT FO NVDIPT MVHBSFT FTDSJCF FO JOHM¹T FTQBÁPM Z TF IB FTQFDJBMJ[BEP FO FM FTQBO HMJTI %FTEF TV FYUSBUFSSJUPSJBMJ EBE WF FM QB½T EF NBOFSB EJGFSFO UF EF NPEP RVF MB EJGFSFODJB EF QFSTQFDUJWBT NF SFTVMUP NVZ FTUJ NVMBOUF QBSB QFOTBS FO N½ NJT NP FO FM USBCBKP EF MPT EFN²T Z TP CSF FM QB½Tw -PT UFNBT RVF TF EFTBSSPMMBO FO FM MJCSP TF BDFSDBO N²T B MB WJEB QFSTPOBM EF 4UBWBOT Z 7JMMPSP i4UB WBOT QSPQVTP FM MJCSP MPT UFNBT Z FM U½UVMP :P GVJ SFBDDJPOBOEP B TVT JOJ DJBUJWBT -B JEFB FSB QBTBS B MB USB NPZB EF MB DSFBDJÂO MJUFSBSJB 2V¹ IBZ EFUS²T RV¹ TVQFSTUJDJPOFT RV¹ DPOWJDDJPOFT RV¹ DSFFODJBT RV¹ SFMBDJPOFT GBNJMJBSFT GPNFOUBO MB FTDSJUVSB NJTNB EF UV PCSB &M MJCSP USBUB TPCSF MB QSFQBSBDJÂO QBSB FT DSJCJSw 1VFEF FODPOUSBSTF B MP MBSHP EFM MJCSP FM OPNCSF EFM FTDSJUPS
3PCFSUP #PMBÁP BNJHP DFSDBOP B 7JMMPSP iNF QSFHVOUBO NVDI½TJ NP QPS #PMBÁP VO QPDP NFOPT FO MPT ÈMUJNPT BÁPT 4F IBO DVNQMJEP ZB PODF BÁPT EFTEF TV NVFSUF 4JFNQSF QFOT¹ RVF FSB VO FY USBPSEJOBSJP FTDSJUPS BVORVF OVODB QFOT¹ RVF QPE½B DPOFDUBS UBO NBTJWBNFOUF DPO MFDUPSFT EF UBOUPT MVHBSFT -B GBNB FT VO NB MFOUFOEJEP Z OVODB TBCFT QPS RV¹ VO FTDSJUPS DPOFDUB DPO FM HSBO QÈ CMJDP " N½ NF HVTUB FM #PMBÁP EF FYUFOTJÂO JOUFSNFEJB FM EF MBT OP WFMBT CSFWFT DPNP A&TUSFMMB EJT UBOUF A/PDUVSOP EF $IJMF QJF[BT NBFTUSBTw "QFOBT FM E½B EF BZFS DJSDVMÂ VOB GPUPHSBG½B EF 7JMMPSP B NJUBE EF MB NBSDIB RVF TF TVTDJUÂ B OJWFM OBDJPOBM i&M GJMÂTPGP "EPSOP MBO [Â VOB QSFHVOUB EFTQV¹T EF "VTDIXJU[ i{FT QPTJCMF TFHVJS FT DSJCJFOEP QPFT½B w &TB QSFHVOUB TJFNQSF FT SFUÂSJDB 4F TJHVF FT DSJCJFOEP EFTQV¹T EF MB (VFSSB EF 5SPZB :P DSFP RVF TFS½B UFSSJCMF RVF OPTPUSPT OPT TJMFODJ²SBNPT QPS FTUP &M FTDSJUPS EFCF UFOFS EPT DP NFUJEPT 1PS VO MBEP OP DFSSBS MPT PKPT BOUF MPT QSPCMFNBT RVF UFOF NPT 1FSP UBNCJ¹O FM FTDSJUPS EF CF QSFTFSWBS FM IVNPS MB GFMJDJ EBE MB TFOTVBMJEBE UPEP MP RVF OP FT JOGJFSOPw GJOBMJ[Â
.J¦SDPMFT EF EJDJFNCSF EF
1~(*/" #
&- */'03."%03
4*/ /0#-&;"
'63*"
".03 1&3'&$50
$6*%"%0 $&-&45&
53&.&/%0 040
Ê L>ÌiÊ6i >]ÊÛ>Ê>Ê« iÀÊi Êi ÌÀi` V Ê ÃÊ ?ÃÊV ÃiÀÛ>` ÀiÃÊ ÞÊ>ÀÀ> }>` ÃÊV i Ì ÃÊ`iÊ >ÊÃ V i`>`Ê- V > >°Ê1 >ÊLÀ > ÌiÊ Ûi >°
*iµÕi >ÃÊ ÃÌ À >ÃÊV>À}>`>ÃÊ`iÊ ÀiviÀi V >ÃÊ>ÊÕ >Êi V Ê ÕÞÊ Õ > >]ÊÞÊvÀiVÕi Ìi i ÌiÊ«Ài Ãi ÌiÊi Êi ÊV « ÀÌ> i Ì Ê` > À \Ê Ê ` °
*À vÕ ` â>Êi Êi ÊV « i ÊiÃVi >À Ê ÌiÀ Êi Êi ʵÕiÊÃiÊ`iÃi ÛÕi Ûi ÊÊ >ÃÊÀi >V iÃÊ`iÊ«>Ài >°Ê1 >ÊÀiv iÝ Êà LÀiÊi Ê> ÀÊ > i ÊÞÊLi °
1 Ê LÀ ÊÞÊ{äÊV>ÀÌ>ÃÊ Ìi}À> ÊiÃÌiÊ iÃÌÕV i]ÊV Êi ʵÕiÊ« `À?ÊiÃÌ> L iViÀÊÕ Ê` ? } ÊV ÊÃÕÊ? }i Ê VÕÃÌ ` °Ê ÌiÀiÃ> ÌiÊ >ÌiÀ > Ê «>À>ÊV iVV ÃÌ>ð
Ài `>ÊÞÊ Õ> ÊiÃÌ? ÊÌ> Ê VÕ«> ` ÃÊ` ÃVÕÌ i ` Êà LÀiÊÃÕÃÊ Ã Ì ÃÊ `iÊ«i ÕV iʵÕiÊ ÊÃiÊ`> ÊVÕi Ì>Ê `iʵÕiÊ VÕÀÀiÊ> } Ê ÕÞÊiÝÌÀ> Ê V Êi ð
/ /1 "\Ê ÀiÛiÊi } Ê`i Ê ` °Ê 1/",\Ê >Ì > iÊ Õ«iÀ > °Ê /" , \Ê L>°Ê-/ \Ê ££°Ê \Ê 6°Ê*" / -
/ /1 "\Ê ÀÊÞÊ` ÀÊi Ê >Ê«>Ài >°Ê 1/",\Ê >À i Ê ÕÀ? Ê «iâ°Ê /", \Ê > À ðÊ-/ \Ê ÎÎ°Ê \Ê , Ê / , "
/ /1 "\Ê Ê? }i ÊVÕÃÌ ` °Ê 1/",\Ê Õ>ÃÌ> >Ê-ÕÀ>L °Ê /", \Ê
iÊ6iVV °Ê-/ \Ê ££°Ê \Ê
/ /1 "\Ê Ê? }i ÊVÕÃÌ ` °Ê 1/",\Ê Õ>ÃÌ> >Ê-ÕÀ>L °Ê /", \Ê
iÊ6iVV °Ê-/ \Ê ££°Ê \Ê
/ /1 "\Ê ÊV Ãi Ê`iÊ } «Ì °Ê 1/",\Ê i >À` Ê-V >ÃV >°Ê /" , \/ÕõÕiÌðÊ-/ \Ê £ä°Ê \Ê 6°Ê "6 -/ -
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
>GMK>OBLM: CHL>?BG: OàSJN>S FHM: &- */'03."%03 + .&/%0;"
-MFOBS FM TJMFODJP $MBVEJB 1J¨FJSP OP JNBHJOBCB RVF TFS¤B FTDSJUPSB IPZ OP TF JNBHJOB TJO TFSMP ."3 "%&/530
."/&3"4 1301*"4 %& (0#&3/"3 7È[RVF[ .PUB BTFHVSB RVF DPNP FO MPT HPCJFSOPT EFOUSP EF DBEB VOB EF MBT GBNJMJBT TF FKFSDF VO DJFSUP QPEFS
¹YJDP FTU² GPSNBEP QPS NJMFT EF GB NJMJBT RVF UJFOFO TVT QSPQJBT SFHMBT Z NBOFSBT EF HPCFSOBS +PTFGJOB 7²[RVF[ .PUB FYQPOF RVF TJ FO FTF OÈDMFP MPT QBESFT FKFSDFO VOB BVUP SJEBE SFTQPOTBCMF Z BNPSPTB MPT IJKPT TF DPOWFS UJS²O FO DJVEBEBOPT DPOTDJFOUFT 4J QPS FM DPO USBSJP EFTEF TV IPHBS BQSFOEFO B OP SFTQFUBS MB BVUPSJEBE TFHVSBNFOUF FTF IPHBS WB B TFS VO DB PT Z MPT IBCJUBOUFT WBO B SFGMFKBS FM NJTNP DPN QPSUBNJFOUP FO MB TPDJFEBE &T QPS FTP RVF MB FY DBOEJEBUB B MB 1SFTJEFO DJB EF .¹YJDP QSPQPOF VO DBNCJP EF QFOTBNJFO UP FO MPT QSPHFOJUPSFT RVF OP TF BUSFWFO B QPOFS M½NJUFT FO TV MJCSP i$VBOEP MPT IJKPT NBOEBOw RVF QSFTFOUÂ BZFS FO MB 'FSJB *OUFSOBDJPOBM EFM -JCSP EF (VBEBMBKBSB '*- FM DVBM DPNQJMB UFY UPT EF .BOVFM .POESBHÂO 'FSOBOEB EF MB 5PSSF +VMJB #PSCPMMB .BSJBOB %J #FMMB $BSMPT $MFSJDP Z "SOPMEP ,SBVT 7²[RVF[ .PUB TVCSBZB RVF FO TV UFYUP OP JO UFOUB EFDJS RVF MP QBTBEP GVF NFKPS ZB RVF QPS FKFNQMP IPZ FYJTUF VOB NBZPS DBQBDJEBE EF DP NVOJDBDJÂO DPO MPT IJKPT RVF FO ¹QPDBT BOUFSJP SFT TJO FNCBSHP EFTUBDB RVF DBEB WF[ IBZ N²T WJPMFODJB DPOUSB MPT QBESFT VO GFOÂNFOP RVF TVSHF FO NVDIPT DBTPT QPS MB GBMUB EF M½NJUFT i6O BNJHP NF EFD½B RVF DVBOEP MF E²CBNPT B OVFTUSPT IJKPT MP RVF OPTPUSPT OP UVWJNPT MFT RVJU²CBNPT UBNCJ¹O MP RVF T½ UVWJNPT FT EFDJS IBNCSF EF USJVOGP FTGVFS[PT TBDSJGJDJPT DBQB DJEBE EF EJTGSVUBS DPOTUSVJS TV GFMJDJEBEw 4J TF MPHSBO FTUBCMFDFS SFHMBT Z MPT QBESFT QVFEFO HPCFSOBS CJFO DBEB IPHBS TJO FTQFSBS B RVF MP IBHB MB FTDVFMB MPT QTJDÂMPHPT P MPT BCVF MPT OP IBCS² JNQVOJEBE DPOTJEFSB 4J TVDFEF MP DPOUSBSJP +PTFGJOB TFÁBMB RVF WBNPT B UFOFS IJ KPT BSSPHBOUFT RVF TF DSFBO NFSFDFEPSFT EF UP EP Z OP MFT JNQPSUF MP RVF FTU² QBTBOEP B TV MB EP QPSRVF TPMBNFOUF TF PDVQBS²O EF FMMPT NJTNPT
.
"DUVBS DPOUSB FM QSPCMFNB +PTFGJOB 7²[RVF[ .PUB DVFOUB RVF EFDJEJÂ DPPSEJOBS FM MJCSP QPS TV QSFPDVQBDJÂO DPNP NB ESF Z BM FTDVDIBS MB EFDFQDJÂO EF WBSJPT EF TVT BNJHPT FO MB QBUFSOJEBE 3FDVFSEB RVF VOPT QB ESFT KÂWFOFT MB JOWJUBSPO B IBCMBS TPCSF TVT FY QFSJFODJBT FO MB DBNQBÁB DPNP DBOEJEBUB QSFTJ EFODJBM Z BM GJOBM MF QSFHVOUBSPO TPCSF MP RVF
1JEF VO NFKPS
. YJDP
EFTEF FM IPHBS +PTFGJOB 7 [RVF[ .PUB QSFTFOUB FO MB '*- Â$VBOEP MPT IJKPT NBOEBOÃ VOB DPNQJMBDJªO EF SFGMFYJPOFT QBSB MPT QBESFT
i6O BNJHP NF EFD½B RVF DVBOEP MF E²CBNPT B OVFTUSPT IJKPT MP RVF OPTPUSPT OP UVWJNPT MFT RVJU²CBNPT UBNCJ¹O MP RVF T½ UVWJNPTw Ãiv >Ê6?âµÕiâÊ Ì>] política.
QPE½BO IBDFS QPS .¹YJDP -B BVUPSB EF i%JPT N½P IB[NF WJVEBw Z i6O .¹YJDP QBSB UPEPTw MFT DPOUFTUÂ RVF MP NFKPS RVF QPE½BO IBDFS FSB BZVEBS B GPSNBS B MB NFKPS HF OFSBDJÂO EF NFYJDBOPT RVF KBN²T IBZBNPT UFOJ EP Z RVF UBOUB GBMUB OPT IBDFO i.J FYQFSJFODJB FO MB WJEB DPNP NVKFS NB N² QPM½UJDB RVJFO IB UPDBEP Z UFOJEP FM QSJWJMF HJP Z MB SFTQPOTBCJMJEBE EF UPDBS UBOUBT SFBMJEB EFT FT RVF IBZ VOB SFHMB DVBOEP TF EB EFNBTJBEP TF RVJUB UPEPw 6OJEPT DPOUSB MB JNQVOJEBE "DFSDB EFM UFNB "ZPU[JOBQB FO FM RVF WBSJPT JOUFMFDUVBMFT DPNP +VBO 7JMMPSP TF IBO TVNBEP B MBT QSPUFTUBT FO MB '*- +PTFGJOB EJDF RVF TV QPT UVSB FT EF TPMJEBSJEBE QSPGVOEB DPO UPEPT MPT QB ESFT EF GBNJMJB 1BSB FMMB MB EFTBQBSJDJÂO EF OPSNBMJTUBT FO (VFSSFSP NVFTUSB MP Z N²T CBKP EF VO TFDUPS EF MB DMBTF QPM½UJDB RVF FT FO T½ NJT NP FM DSJNFO PSHBOJ[BEP i$VBOEP FM BMDBMEF TF DPOWJFSUF FO FM TJDBSJP MP ÈOJDP RVF RVFEB FT MB JOEJHOBDJÂO &T UJFNQP EF RVF FTUF EPMPS F JOEJH OBDJÂO OP TPMBNFOUF TFB FTDVDIBEB TJOP TF UFO HBO SFTQVFTUBT DPOUVOEFOUFTw
$-"6%*" 1*º&*30 -B FTDSJUPSB BSHFOUJOB EFUBMMB RVF BQFOBT MF MMFHB VOB JEFB TF TJFOUB Z DPNJFO[B B FTDSJCJS IBTUB RVF FM SFMBUP TBMF QPS DPNQMFUP
&T OPWFMJTUB ESBNBUVSHB HVJPOJTUB EF 57 QFSJPEJTUB NBESF EF USFT IJKPT EF UPEBT FTBT GBDFUBT MB RVF N²T EJT GSVUB EJDF FT TFS NBESF Z FTDSJCJS &O FM SFDJ CJÂ FM 1SFNJP 4PS +VBOB *O¹T EF MB $SV[ QPS TV OPWFMB i-BT HSJFUBT EF +BSBw 0USBT EF TVT PCSBT TPO i5VZBw i-BT WJVEBT EF $-"6%*" MPT KVFWFTw i&MFOB TBCFw i#FUJCÈw Z i6O DPNVOJTUB FO DBM[PODJMMPTw 1*º&*30 5FOES² EJWFSTBT BDUJWJEBEFT FO MB '*- FO FM QSPHSBNB MJUFSBSJP EF "SHFOUJOB SFVOJÂO EF +VBOBT QSPHSBNB -B UJOPBN¹SJDB 7JWF Z &DPT &TDSJUPSB BSHFOUJOB {$ÎNP GVF TV FODVFOUSP DPO MB MJUFSBUVSB &TDSJCP EFTEF TJFNQSF &O i6O DPNVOJTUB FO DBM[PO DJMMPTw TF IBCMB VO QPDP EFM TJMFODJP RVF IBC½B FO NJ DB TB DVBOEP NJ QBESF OP OPT IBCMBCB FO FTF TJMFODJP FTU² FM PSJHFO EF MB OF DFTJEBE EF FTDSJCJS QPOFSMF QBMBCSBT B BRVFM TJMFODJP &O NJ GBNJMJB OP IBC½B OBEJF RVF FTDSJCJFSB OBEJF SFMBDJPOBEP DPO FM BSUF FOUPODFT DVBOEP UVWF RVF FMFHJS VOB DBSSFSB GVJ QBSB PUSP MBEP QFSP TJFNQSF TFHV½ FTDSJCJFOEP QFOTBOEP RVF ¹TF OP JCB B TFS NJ PGJDJP {$ÎNP JEFOUJGJDBT DVBOEP VOB JEFB FTUµ MJTUB QBSB DPOWFSUJSTF FO VOB PCSB MJUFSBSJB .F TJFOUP DVBOEP ZB UFOHP VOB JNBHFO NVZ DMBSB FO MB DBCF[B FTB JNB HFO BQBSFDF VO E½B Z OP TF UF WB UF TJHVF Z UF TJHVF Z FNQJF[B B NPEJGJDBS TF MPT QFSTPOBKFT FNQJF[BO B NPWFSTF SFDJ¹O DVBOEP FTB JNBHFO UPNB QP UFODJB Z FTUVWP MP TVGJDJFOUF EFOUSP EF NJ DBCF[B DPNP QBSB RVF ZP TFQB RVF OP FT BMHP QBTBKFSP RVF BI½ IBZ BMHP QBSB DPOUBS FNQJF[P B WFS Z B UJSBS MB DVFSEB QBSB WFS RV¹ TBMF {2VÀ TJHOJGJDB QBSB UJ RVF UV QBÅT TFB JOWJUBEP EF IPOPS FO FTUB '*- 1BSB OPTPUSPT FT NBSBWJMMPTP QPSRVF FT MB QPTJCJMJEBE RVF MPT FTDSJUPSFT DPOPDJEPT TF DPOP[DBO N²T MPT OP DPOPDJEPT RVF TF DPOP[DBO &OUPODFT FT MB PQPSUVOJEBE EF NPTUSBS UV MJUFSBUVSB N²T RVF FO PUSBT PQPSUVOJEBEFT
:\eZfZg ihk eZ eb[^kmZ] r iZs
7JMMPSP "SJTUFHVJ Z -ZEJB $BDIP &O VO FTQBDJP DPODFEJEP QPS FM QSFTJEFOUF EF MB 'FSJB *OUFSOBDJPOBM EFM -JCSP EF (VBEBMBKBSB '*- 3BÈM 1B EJMMB TF SFVOJFSPO FM FTDSJUPS +VBO 7JMMPSP Z MBT QFSJP EJTUBT $BSNFO "SJTUFHVJ Z -ZEJB $BDIP QBSB BCPSEBS MB TJUVBDJÂO EF WJPMFODJB RVF TF WJWF FO FM QB½T -VFHP EF RVF 3BÈM 1BEJMMB EFDMBSBSB RVF FO MB 'F SJB iTJFNQSF IBCS² MVHBS QBSB MB MJCFSUBE EF FYQSFTJÂOw FM QSJNFSP FO UPNBS MB QBMBCSB GVF 7JMMPSP RVJFO IBCMÂ EF MB iEFTDPNQPTJDJÂO TPDJBMw RVF BUSBWJFTB FM QB½T %FTUBDÂ RVF FO FTUF DMJNB EF WJPMFODJB MBT NVKFSFT IBO KVHBEP VO QBQFM GVOEBNFOUBM .FODJPOÂ UBNCJ¹O BM DPMFDUJWP EF NVKFSFT EFOPNJOBEBT i-BT 1BUSPOBTw RVF TF EFEJDBO B BZVEBS B MPT NJHSBOUFT "T½ EJP QBTP QBSB JOUSPEVDJS B MBT QFSJPEJTUBT $BSNFO "SJTUFHVJ Z -ZEJB $BDIP EF RVJFOFT TF SFGJSJÂ DPNP iEPT QSPUBHP OJTUBT EF MP RVF TF QVFEF EFDJS Z EF DÂNP EFCF EFDJS TFw $BSNFO EJKP 7JMMPSP QBSB DFEFS MB QBMBCSB B MB QF SJPEJTUB RVJFSF EFDJS iQPFT½Bw Z UBNCJ¹O TJHOJGJDB iKBS E½Ow 1FSP FO .¹YJDP $BSNFO TJHOJGJDB IPOFTUJEBE Z WBMFOU½B QBSB JOGPSNBS BHSFHÂ 4PCSF -ZEJB $BDIP TFÁBMÂ iOP IB DFSSBEP MPT PKPT BOUF FM IPSSPSw i&O VO NVOEP EPOEF FM JOGJFSOP OP FT U² MFKPTy 2VF FTU² B MB WVFMUB EF MB FTRVJOB FMMB BCSF VO FTQBDJP BCSF MB WFOUBOB B EPOEF OP FTU² FM JOGJFS OPw BÁBEJÂ "SJTUFHVJ BQSPWFDIÂ FM FTQBDJP QBSB IBCMBS EF MBT EJTUJOUBT GPSNBT EF WJPMFODJB RVF WJWF FM QB½T iBOUF MB PMB EF BTFTJOBUPT Z EFTBQBSJDJPOFT IBZ RVF BHSFHBS RVF FYJTUFO PUSBT GPSNBT EF WJPMFODJBw -P N²T CSVUBM FYQSFTÂ iFT DVBOEP TF BTFTJOB B VO QFSJPEJTUB QPSRVF FMJNJOB FM EFSFDIP B MB JOGPSNBDJÂO B MB TPDJFEBEw 4PCSF MB WJPMFODJB RVF WJWFO MPT QFSJPEJTUBT FO SF EFT TPDJBMFT BDMBSÂ RVF OP TF USBUB EF SFHVMBSMBT TJOP EF JEFOUJGJDBS FM DPNQPSUBNJFOUP EF MBT NJTNBT 4JO FNCBSHP BDMBSÂ RVF FM QSPCMFNB JOJDJB DVBOEP iVO DVBOEP VO HSVQP EF QPEFS HFOFSB DBNQBÁBT DPO QSP QÂTJUPT EF BOJRVJMBNJFOUP NPSBM NFEJBOUF MB JOUFSWFO DJÂO EF MBT SFEFT QBSB BHSFEJS EJGBNBS P EFTWJSUVBS B VO JOEJWJEVP QFSJPEJTUB P NFEJP EF DPNVOJDBDJÂOw "TJNJTNP TF NBOJGFTUÂ FO UPSOP BM DBTP "ZPU[J
SFVOJEPT QBSB IBCMBS EF MB WJPMFODJB FO . YJDP $035&4¶" 4"Á- .0-*/"
1305&45" &M FTDSJUPS +VBO 7JMMPSP FO DPNQB×ÓB EF MBT QFSJPEJTUBT $BSNFO "SJTUFHVJ Z -ZEJB $BDIP IBCMBO TPCSF MB WJPMFODJB RVF WJWF .ÏYJDP
OBQB BM RVF TF SFGJSJÂ DPNP VO iEFUPOBEPS VOB TBDV EJEBw EJKP "DMBSÂ RVF OP FT RVF MB TPDJFEBE OP FTUV WJFSB BM UBOUP EF MP RVF PDVSS½B QFSP "ZPU[JOBQB QSP WPDÂ iVOB PMB TPMJEBSJB B OJWFM OBDJPOBM F JOUFSOBDJPOBM &T VOB HSBO PQPSUVOJEBE QBSB .¹YJDPw EFDMBSÂ "OUFT EF QBTBS FM NJDSÂGPOP B -ZEJB $BDIP "SJT UFHVJ QSPQVTP OPNCSBS FO WP[ BMUB iB MPT EFTBQBSFDJ EPT B MPT RVF OP FTU²O BRV½ Z EFCFS½BO FTUBSw Z NFO DJPOÂ FM OPNCSF EF DBEB VOP EF MPT OPSNBMJTUBT NJFOUSBT RVF FM QÈCMJDP SFTQPOE½B iQSFTFOUFw QBSB IB
DFS TJNCÂMJDB MB QSFTFODJB EF MPT FTUVEJBOUFT -ZEJB $BDIP QPS TV QBSUF SFBMJ[Â VO SFDVFOUP EF MB FYQFSJFODJB RVF WJWJÂ DVBOEP EFOVODJÂ MB SFE EF USB UB JOGBOUJM RVF PQFSBCB FO .¹YJDP QSPUFHJEB QPS FM HP CJFSOP Z RVF QVTP FO SJFTHP TV WJEB i:P QSFGFSJS½B IBCFS NVFSUP IVCJFSB TJEP NFKPS RVF NF BTFTJOBSBO BOUFT RVF IBCFS GJSNBEP VO EPDV NFOUP RVF EFTNJOUJFSB FM DBTP EF USBUB QBSB TBMWBS NJ WJEBw SFDPSEÂ MB UBNCJ¹O FTDSJUPSB 'JOBMJ[Â QPOJFOEP ¹OGBTJT FO MB SFTQPOTBCJMJEBE RVF UJFOFO MPT NFEJPT EF DPNVOJDBDJÂO EF IBDFS QF
SJPEJTNP WFSB[ Z IPOFTUP i&O UPEBT QBSUFT IBZ QFSJP EJTUBT RVF RVJFSFO EPDVNFOUBS MB SFBMJEBE /PTPUSPT DSFFNPT FO FM QSFTUJHJP Z OP FO MB GBNB -B GBNB FT QB TBKFSB FM QSFTUJHJP OBEJF MP QVFEF EBSw NBOJGFTUÂ 5BNCJ¹O SFTBMUÂ MPT DPOTUBOUFT JOUFOUPT EF EJWFS TPT HPCJFSOPT Z HSVQPT EF QPEFS EF DBMMBS MBT WPDFT IP OFTUBT Z EFTUBDÂ MB MBCPS QFSJPE½TUJDB EF MB PSHBOJ[B DJÂO "SU½DVMP RVJFOFT EJKP TF IBO EFEJDBEP B EFGFOEFS B MPT QFSJPEJTUBT Z B EPDVNFOUBS DÂNP TF WJ WF FM EFTHBTUF G½TJDP FNPDJPOBM Z FDPOÂNJDP EF RVJF OFT JOUFOUBO DPOUBS MBT WFSEBEFT FO FTUF QB½Tw
1~(*/" #
&- */'03."%03
.J¦SDPMFT EF EJDJFNCSF EF
$3&"5*7*%"%
3&'-&9*»/
$3¶5*$" 40$*"-
53"." & )*4503*"
&- %&45*/0
ÌÀiÛ ÃÌ>Ê>Ê` iâÊ>ÀÌ ÃÌ>ÃÊ iÝ V> >Ã]ÊµÕ i iÃÊÀiÛi > ÊÃÕÃÊ Ì Û>V iÃÊÞÊiÝ«iÀ i V >ÃÊ« >à >`>ÃÊ>ÊÌÀ>ÛjÃÊ`iÊÃÕÊÌÀ>L> °Ê 1 ÊÌiÝÌ Ê ÌiÀiÃ> Ìi°
1 >Ê`iÊ >ÃÊ LÀ>ÃÊVi ÌÀ> iÃÊi Ê >Ê ÌÀ>ÞiVÌ À >Ê`iÊ À> âÊ >v >]ÊiÊ ` ëi Ã>L iÊ«>À>ÊV «Ài `iÀÊ >Ê V « i `>`ÊV Ê >ʵÕiÊ` Ì>Ê>Ê ÃÕÃÊÌiÝÌ Ã°
ÃÊi V ÌÀ> ÃÊi Ê >V à ]Ê V>« Ì> Ê`i Ê ÃÌ>` Ê`iÊ >ÃÊ >} >Ã]ÊÛiÀ> Ê`iÊ£ ÈÓÊÞÊ >ÃÊ iÞiÃÊ Ê À ÜÊ>Ö ÊV Ì Ö> ÊÛ }i ÌiÃÊ i Êi Ê-ÕÀÊ`iÊ ÃÌ>` ÃÊ1 ` ð
- v >ÊÞÊ >µÕ Ê`iÃVÕLÀi ÊÕ Ê > ÕÃVÀ Ì ÊiÃVÀ Ì Ê« ÀÊÕ Ê« À>Ì>Ê `i Êà } Ê86 Êi Êi ʵÕiÊ >ÀÀ>ÊÃÕÊ «À « >Ê ÃÌ À >ÊÞÊ >Ê`iÊÃÕÊ Õ iÀ]Ê >ÌiÊ i > Þ°
>ÃÊ Õ>ÌÀ Ê,iÛi >V iÃÊV `i Ã> Ê >ÊiÃi V >Ê`iÊ >ÃÊi Ãi > â>ÃÊ >Þ>ÃÊ`i Êv Ê`i Ê Õ ` °Ê ÃVÀ Ì Ê« ÀÊ LiÀÌ Ê6 ` ÊiÃÊ «Ã V } ÊÞÊ> ÌÀ « } Ê j` V °Ê
/ /1 "\Ê/À>â ÃÊÞÊÀiÛi >V iÃ°Ê 1/",\Ê- Û >Ê iÀi °Ê /", \Ê °Ê-/ \Ê Ó°Ê \Ê 6°Ê 1 / -/ -
/ /1 "\Ê >Ê ÕÀ> >ÊV >°Ê 1/",\Ê À> âÊ >v >°Ê /", \Ê > â>°Ê-/ \Ê £°Ê \Ê 6°Ê 1 / -/ -
/ /1 "\Ê À >`>ÃÊÞÊÃi À>Ã°Ê 1/",\Ê >Ì ÀÞ Ê-Ì V iÌÌ°Ê /", \Ê "Vi> ÃÊÉÊ >iÛ>°Ê-/ \Ê £ä°Ê \Ê , Ê / , "
/ /1 "\Ê Êv> Ì>à >Ê`iÊ >ÊÃi À>°Ê 1/",\Ê >ÀÊ i°Ê /", \Ê `i Û ÛiðÊ-/ \Ê x°Ê \Ê
/ /1 "\Ê >ÃÊVÕ>ÌÀ ÊÀiÛi >V iÃ°Ê 1/",\Ê LiÀÌ Ê6 ` °Ê /" , \Ê- À °Ê-/ \Ê ÎÎ°Ê \Ê , Ê / , "
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
Lamqa k Bkni]pk W ."35)" 4"453¶"4 */$"/4"#-& 40º"%03" &- */'03."%03 " )&3/«/%&;
-B ÂNFNPSJB BDUJWBÃ EF *HOBDJP -ªQF[ 5BSTP -B IJKB EFM BDUPS SFVOJª VOB TFSJF EF FOUSFWJTUBT DPO TV QBESF BDFSDB EF TV USBZFDUPSJB FO MPT FTDFOBSJPT
4
&O MB '*- TF SJOEJÂ VO IPNFOBKF QÂTUVNP B MB ESBNB UVSHB Z OBSSBEPSB NFYJDBOB .BSUIB 4BTUS½BT VOB HSBO FTDSJUPSB EF MJUFSBUVSB JOGBOUJM 'VF .BSJTPM 4DIVM[ EJSFDUPSB EF MB '*- RVJFO SFDPSEÂ FM BOEBS EF 4BTUS½BT QPS MPT QBTJMMPT EF MB '*- BEFN²T EF EFTUBDBS TV PCSB &O MB GPUP MB IJKB EF .BSUIB 4BTUS½BT .BSUIB
W &/53&("/ 13&.*0 W */'03."/ $*'3"4 %& *-6453"$*»/ 4. %& 130%6$$*»/ &M FTQBÁPM .BOVFM .BS TPM SFDJCJÂ FM 1SFNJP EFM $BU²MPHP *CFSPBNFSJDB OP EF *MVTUSBDJÂO 4. DPO i-B PCSB EF MPT (JHBOUFTw &O MB RVJOUB FEJDJÂO EFM DBU²MPHP FM KVSBEP FTUVWP DPOGPSNBEP QPS FM JMVT USBEPS (VTUJ 3PTTFNGGF Z FM FTDSJUPS Z DS½UJDP 'BOVFM )BO²O SFWJTBSPO MBT PCSBT EF QBSUJDJQBO UFT QSPWFOJFOUFT EF QB½TFT EF *CFSPBN¹SJDB
-B $²NBSB /BDJPOBM EF MB *OEVTUSJB &EJUPSJBM .FYJDBOB $BOJFN JO GPSNÂ RVF FTUF TFDUPS OP IB DSFDJEP DPNP FTQFSB CB FO MPT ÈMUJNPT BÁPT BM SFQPSUBS RVF FO FM DSFDJNJFOUP GVF EF QPS DJFOUP $PO FTUP FM BÁP QBTBEP UVWP VOB QSP EVDDJÂO UPUBM QÈCMJDB Z QSJWBEB EF NJMMP OFT EF FKFNQMBSFT /PUJNFY
W 13&4&/5"/ 130:&$50 %& %*$$*0/"3*0 "OUF MB TJUVBDJÂO RVF IBDF PCMJHBEP FM FTUVEJP EF MPT VTPT EF MB MFOHVB FO MPT EJTUJOUPT DPOUFYUPT FO RVF UJFOF QSFTFODJB FM EJSFDUPS EF MB "DBEFNJB DIJ MFOB EF MB -FOHVB &TQBÁPMB QSFTFOUÂ BMHVOPT EB UPT FO UPSOP B MB DSFBDJÂO EFM %JDDJPOBSJP 'SBTFP MÂHJDP EF MB -FOHVB &TQBÁPMB
VTBOB -ÂQF[ "SBOEB FTU² TFHVSB EF RVF TV QBESF UJFOF MB NFKPS NFNPSJB Z MB NB ZPS EJTDJQMJOB B MB IPSB EF QSFTFOUBS VOB PCSB EF UFBUSP OVFWB 4V QBESF FT *HOB DJP -ÂQF[ 5BSTP FM FYQFSJNFOUBEP QSJ NFS BDUPS RVF FO TJFUF E¹DBEBT IB QJTBEP Z IFDIP ¹QP DB UBOUP FO FM DJOF DPNP FO MB UFMFWJTJÂO QFSP TPCSF UPEP FO TVT WFOFSBEPT FTDFOBSJPT EF UFBUSP : MMFWB N²T EF FTUSFOPT FO TV WJEB $S½UJDB EF DJOF Z BVUPSB EF VO MJCSP BOUFSJPS TP CSF MB DBSSFSB EF TV QBESF FO FTUF BSUF -ÂQF[ "SBO EB WJTJUÂ MB '*- QBSB QSFTFOUBS KVOUP DPO TV QBESF MB CJPHSBG½B UFBUSBM RVF IB FTDSJUP TPCSF FM USBCBKP EF *HOBDJP -ÂQF[ 5BSTP i)BCMFNPT EF UFBUSPw FEJUP SJBM 5SJMDF VO MJCSP FO FM RVF SFDPSSF DPO ¹M TVT NF NPSJBT TPCSF FM FTDFOBSJP 1MBOUFBEP B NBOFSB EF DPOWFSTBUPSJP FM MJCSP MMFOP EF GPUPHSBG½BT EF MB WJEB EFM BDUPS Z EF OVNFSPTPT FKFNQMPT EF MBT QSPEVDDJPOFT FO MBT RVF QBSUJDJQÂ EB DBCJEB B FOUSFWJTUBT FO EPOEF -ÂQF[ 5BSTP OP TÂMP SF QBTB TV CJPHSBG½B TJOP RVF TPCSF UPEP SFWJTB BMHVOPT EF TVT NFDBOJTNPT EF BDUPS Z SFDVFSEB FM QSJWJMFHJBEP UFBUSP FO FM RVF MF UPDÂ WJWJS FM EFM EFTBSSPMMP EF FTUF BS UF DPNP VOB NBOJGFTUBDJÂO DVMUVSBM FTFODJBM QBSB MB /B DJÂO NFYJDBOB i$SFP RVF B ¹M MF UPDÂ WJWJS VOB ¹QPDB NVZ QF DVMJBS FO FM RVF VO BDUPS QPE½B IBDFS UBOUBT PCSBT DM²TJDBT BIPSB FT JNQPTJCMF QBSB DVBMRVJFS BDUPS MB TVZB GVF VOB ¹QPDB NVZ QFDVMJBS Z IBCMB EF DÂNP IB TJEP MB FWPMVDJÂO FO .¹YJDPw 1PS FTP FT UBO JNQPSUBOUF RVF B NFT Z NFEJP EF DVNQMJS BÁPT EF FEBE -ÂQF[ 5BSTP OP TÂMP UFO HB HBOBT EF IBCMBS TJOP UBNCJ¹O VOB NVZ MÈDJEB NF NPSJB i-B TVZB FT VOB NFNPSJB BDUJWBw EFGJOF -Â QF[ "SBOEB NJFOUSBT QSFTVNF MB EJTDJQMJOB UFBUSBM EF TV QBESF i)BD½BNPT BQVFTUBT DPO NJ IFSNBOP RVF UBNCJ¹O FT BDUPS BDFSDB EF TJ NJ QBESF TF BQSFO EFS½B TVT EJ²MPHPT TJFNQSF FSB FM QSJNFSP BT½ RVF TJFNQSF HBOBCB MBT BQVFTUBT ZPw
&- */'03."%03 t " )&3/«/%&;
3&$033& -" .&.03*" 4VTBOB -ØQF[ MMFWB B MPT MFDUPSFT B USBWÏT EF MB WJEB EF *HOBDJP -ØQF[ 5BSTP VOP EF MPT HSBO EFT BDUPSFT EF .ÏYJDP
QF[ "SBOEB FODPOUSÂ VO UFBUSP FO USBOTGPSNBDJÂO Z GVF TV DPOUFNQPS²OFP MF UPDÂ FYQFSJNFOUBS QPS FKFNQMP FM EFTBSSPMMP EF MPT UFBUSPT EFM 4FHVSP 4P DJBM i$VBOEP ¹M FNQF[Â ZB IBC½B UFSNJOBEP MB 3F WPMVDJÂO FOUPODFT MF UPDÂ UPEB MB USBOTGPSNBDJÂO EFM UFBUSP M IBCMB NVDIP TPCSF FTP EF VOB NBOF SB NVZ GMVJEB Z DVFOUB B UPEB MB HFOUF RVF DPOPDJÂ QFSP BEFN²T IBCMB EF DÂNP FT TV U¹DOJDB QBSB QSF QBSBSTF DÂNP QSFQBSB VO QFSTPOBKF Z MP DBSBDUFSJ 5FTUJHP EF MB USBOTGPSNBDJ°O EFM UFBUSP *HOBDJP -ÂQF[ 5BSTP DVFOUB TV IJKB 4VTBOB -Â [Bw
5BNCJ¹O FSB VO UFBUSP BENJUF -ÂQF[ "SBO EB DPO NVDIP N²T QÈCMJDP RVF FM EF IPZ FO E½B i M DVFOUB RVF BOUFT MBT GVODJPOFT FSBO EF NBS UFT B EPNJOHP TÂMP TF EFTDBOTBCB FO MVOFT Z FTP QBTB FO (VBEBMBKBSB Z UBNCJ¹O FO MB $JVEBE EF .¹YJDP RVF ZB TÂMP IBZ GVODJPOFT MPT GJOFT EF TF NBOB : NJSB ¹M TJFNQSF FTU² QFOTBOEP FO RV¹ TJHVF FO MB TJHVJFOUF PCSB B WFDFT DVBOEP ZP QJFOTP RVF FTUPZ DBOTBEB IBTUB NF EB WFSHÊFO [B EF WFS RVF ¹M T½ FTU² USBCBKBOEP P EF HJSB UPEP FM UJFNQPw
>gmk^oblmZ \hg CnZg Mk^ch &- */'03."%03 + .&/%0;"
-" .«26*/" %&- 1037&/*3 5SFKP IBCMB EF VO IPNCSF RVF CVTDB TV QSPQJB JEFOUJEBE FO MPT PKPT EF TV QBESF Z BCVFMP
3FDPOTUSVJSTF B USBW T EF PUSPT 4PCSF RV¹ UBOUP FM NVOEP FTU² JOTBUJTGFDIP FM -B OBSSBUJWB EF +VBO 3VMGP P JODMVTP MJCSPT EF 3P CFSUP #PMBÁP DPNP i-PT EFUFDUJWFT 4BMWBKFTw BQPS BVUPS EF i&M GJO EF MB (VFSSB 'S½Bw DPOTJEF UBSPO B i-B .²RVJOB EFM 1PSWFOJSw HBMBSEPOBEB SB RVF FYJTUF VOB TFOTBDJÂO EFM GJO EF MPT UJFNQPT DPO FM 1SFNJP 5VTRVFUT &EJUPSFT EF /PWFMB MBT MBUFOUFT VOB ¹QPDB FO MB RVF QBSFDF RVF OP WB B IB SFGFSFODJBT QBSB RVF FM FTDSJUPS +VBO 5SFKP IJDJFSB CFS VO NBÁBOB %FUBMMB RVF QSFDJTBNFOUF QPS FTP FM U½UVMP i-B VO SFUSBUP EF .¹YJDP EFOUSP EFM UFYUP RVF QSFTFO N²RVJOB EFM 1PSWFOJSw ZB RVF QPSWFOJS UBS² IPZ FO MB 'FSJB *OUFSOBDJPOBM EFM -J QBSB ¹M FT VOB QBMBCSB OP UBO NFD²OJDB CSP EF (VBEBMBKBSB '*- DPNP GVUVSP TJOP RVF FT NVDIP N²T TV "M JHVBM RVF FM QSPUBHPOJTUB EF TV SF HFSFOUF i%JBMPHBOEP DPO MB OPWFMB FT MP MBUP RVJFO SFDPOTUSVZF TV QSPQJB JEFOUJ RVF NF IB IFDIP FOUFOEFS RVF WBMF MB EBE B SB½[ EF MBT IJTUPSJBT RVF MF IBO DPO QFOTBS TFHVJS TPÁBOEP 5SBUB EF FMJNJ UBEP P IB WJTUP FM FTQBÁPM IBDF EF OVFTUSP OBS UBNCJ¹O FTUB WJTJÂO D½OJDB Z EFTFO QB½T VO MVHBS NVZ DFOUSBM EF TV OPWFMB B %JBMPHBOEP USBW¹T EF SFGFSFODJBT DPNP MBT BOUFT NFO DPO MB OPWFMB DBOUBEBw )BZ VO NPNFOUP FO FM RVF FM QSPUB DJPOBEBT i.J JOUFODJÂO OP FSB IBDFS VO FT MP RVF NF HPOJTUB FYQMJDB RVF ¹M OP QVFEF FYQMJDBS SFUSBUP EF .¹YJDP QFSP T½ USBOTNJUJS MP RVF IB IFDIP IB BQPSUBEP FO PUSBT IJTUPSJBTw FOUFOEFS RVF MB IJTUPSJB EF TV QBESF TFQBSBEB EF MB TV -B USBNB TF DFOUSB FO ¦TDBS VO KP WBMF MB QFOB ZB i&M IFDIP EF IBDFS RVF UPEBT MBT IJT UPSJBT BQPSUFO MP RVF RVJFSBO FO FM NP WFO RVF RVJFSF SFFODPOUSBSTF DPO TVT TFHVJS NFOUP BEFDVBEP RVF FM IFDIP EF RVF TF SB½DFT USBT FM GBMMFDJNJFOUP EF TV NBESF TPÁBOEP WBZBO FOMB[BOEP UFOHBO VO TFOUJEPw DPO RVJFO UFO½B N²T EF EJF[ BÁPT TJO &M BVUPS RVJFO WJTJUB QPS QSJNFSB WF[ DPOWJWJS %VSBOUF TV WJBKF CVTDB TBCFS Õ> Ê/Ài ] escritor .¹YJDP EJDF RVF OP USBUB EF EFDJS RVF MB RVJ¹O GVF TV BCVFMP Z TV QBESF Z DV²MFT FSBO TVT TVFÁPT QPS MP RVF EFTDVCSF RVF TV FTUJS HFOUF ZB OP TFB DSFZFOUF TJOP RVF TV WBMPS NPSBM P GJ MPTÂGJDP IB JEP EFTBQBSFDJFOEP Z QPDP B QPDP UPEP TF QF FTU² MMFOB EF JOTBUJTGFDIPT Z WJTJPOBSJPT 5SFKP FYQMJDB RVF FM QFSTPOBKF QSJODJQBM SFQSF WVFMWF VOB WJEB WJSUVBM i/P FT N²T RVF VOB MFDUVSB EF MBT DPTBT OP TPO TFOUB B VOB HFOFSBDJÂO EF FOUSF Z BÁPT TF SJBNFOUF EFTVCJDBEB B OJWFM NVOEJBM P BM NFOPT FO MBT DPTBT FO T½ "MHP RVF FM QSPUBHPOJTUB EF MB OPWF 0DDJEFOUF RVJFOFT CVTDBO FM TJHOJGJDBEP EF MBT DPTBT MB UBNCJ¹O BDBCB FOUFOEJFOEP UPEP EFQFOEF VO QPDP DÂNP MP MFFTw B TV BMSFEFEPS Z OP FODVFOUSBO BMHP QBSB HVJBSTF