MARECO ESTERNI

$BUBMPHP

1

& MB MVDF GV 5VUUP IB JOJ[JP DPTÖ DPO VO MBNQP F VO CBHMJPSF JODBOEFTDFOUJ NFOUSF JM TPMF TJ BDDPNPEB OFM CFM NF[[P EFM DJFMP DPNF VOB HJHBOUFTDB BQQMJRVF TPQSBOOBUVSBMF -B MVDF DJ GB WJWFSF F WFEFSF JM NPOEP DJ GB TDPQSJSF UVUUJ J DPMPSJ EFM HJPSOP $BMEB GSFEEB EJGGVTB EJSFUUB SJnFTTB NPSCJEB UBHMJFOUF #SJMMBOUF JOUFOTB UFOVF TPGGVTB DPOUSBTUBUB %BMM BMUP EBM CBTTP P MBUFSBMF /FVUSB P DPMPSBUB mTTB P DPOUJOVB -BNQFHHJBOUF P JOUFSNJUUFOUF TUBUJDB P EJOBNJDB $SFB M PNCSB P MB EJTTPMWF B TFDPOEB EFJ DBTJ 4QBSJTDF QFS MBTDJBSF TQB[JP BM CVJP F SJUPSOB QFS SFTQJOHFSMP JO VO BMUBMFOB DIF PTDJMMB TFO[B TPTUB %BMMB OPUUF EFJ UFNQJ F EBMM BMCB EFMM VPNP & MB MVDF Ò & TBSË

2

3

4

1SPHFUUJBNP J OPTUSJ TJTUFNJ EJ JMMVNJOB[JPOF DPNF DPNQPOFOUJ FTTFO[JBMJ EJ VO BNCJFOUF $POUSJCVJBNP B NJHMJPSBSF MB RVBMJUË EFMM BSSFEP VSCBOP DPO QSPEPUUJ DPODFQJUJ QFS WBMPSJ[[BSF DPO EJTDSF[JPOF MB CFMMF[[B EJ VOB TUSBEB EJ VO QBMB[[P EJ VOB QJB[[B 7PHMJBNP DIF MF OPTUSF MVDJ OPO UPMHBOP NBJ BMM VPNP JM QJBDFSF EJ PTTFSWBSF JM DJFMP TUFMMBUP

5

.BSFDP GBDDJBNP MVDF

'BDDJBNP MVDF EBM 3FBMJ[[JBNP TJTUFNJ EJ JMMVNJOB[JPOF QFS JOUFSOJ FE FTUFSOJ DIF SJTQPOEPOP B UVUUF MF FTJHFO[F EJ QSJWBUJ B[JFOEF BNNJOJTUSB[JPOJ QVCCMJDIF JO *UBMJB F OFM NPOEP 4JBNP DPOPTDJVUJ TPQSBUUVUUP QFS M BGmEBCJMJUร EFJ OPTUSJ QSPEPUUJ QFS MB MPSP GVO[JPOBMJUร F QFS JM HJVTUP FRVJMJCSJP USB RVBMJUร F QSF[[P %BMM VTP SB[JPOBMF EFMMB QMBTUJDB BMM BEP[JPOF EJ NBUFSJBMJ JOFEJUJ EBMMB MPUUB DPOUSP M JORVJOBNFOUP WJTJWP BE VOB TFNQSF WJWB TFOTJCJMJUร TPDJBMF EBMMB DVSB BTTPMVUB QFS PHOJ EFUUBHMJP BM DPOUJOVP BHHJPSOBNFOUP UFDOPMPHJDP BMMB DPMMBCPSB[JPOF DPO QSFTUJHJPTJ EFTJHOFS MB OPTUSB SJDFSDB DJ TQJOHF B OPO BDDPOUFOUBSDJ NBJ EFJ SJTVMUBUJ SBHHJVOUJ F BE FTQMPSBSF TFNQSF OVPWJ UFSSJUPSJ 0HHJ JM NBSDIJP .BSFDP -VDF ร VO QVOUP EJ SJGFSJNFOUP QFS HMJ BEEFUUJ BJ MBWPSJ QJรก RVBMJmDBUJ UFDOJDJ QSPHFUUJTUJ BSDIJUFUUJ 1FSDIร JMMVNJOBSF OPO TJHOJmDB TPMUBOUP SJTDIJBSBSF VOP TQB[JP QFS NPTUSBSMP 4JHOJmDB JOWFDF SFJOWFOUBSMP JOUFSQSFUBSMP EFmOJSOF DPOUPSOJ WPMVNJ DIJBSPTDVSJ QFS GBSMP QFSDFQJSF OFMMB TVB USJEJNFOTJPOBMJUร 4JHOJmDB EFDJGSBSOF J TFHSFUJ FE FTBMUBSF BUUSBWFSTP MB MVDF JM WBMPSF EFMM PNCSB *MMVNJOBSF ร JM OPTUSP NFTUJFSF -P GBDDJBNP DPO QBTTJPOF F DPNQFUFO[B %BM

6

7

8

.BSFDP -VDF MB NPEVMBSJUË EJWFOUB TJTUFNB

6O BQQBSFDDIJP .BSFDP -VDF OPO Ã’ NBJ mOF B TF TUFTTP µ JM QVOUP E BSSJWP E VO DPNQMFTTP JOUSFDDJP EJ PQFSB[JPOJ QSPHFUUVBMJ F QSPEVUUJWF DIF NFUUPOP TFNQSF BM DFOUSP EFMM BUUFO[JPOF MF FTJHFO[F EFM DMJFOUF 2VBOEP QFOTJBNP BE VO OVPWB TPMV[JPOF JMMVNJOPUFDOJDB JOGBUUJ GBDDJBNP JO NPEP DIF TJ JOUFHSJ QFSGFUUBNFOUF DPO MB HBNNB FTJTUFOUF F DIF BTTJDVSJ MB NBTTJNB nFTTJCJMJUË F BEBUUBCJMJUË BMMF QJá EJWFSTF TJUVB[JPOJ BNCJFOUBMJ 0HOJ OPTUSP QSPEPUUP JOTPNNB Ã’ VO DPODFQU NPEVMBSF F DPNQMFUP EB DVJ QPTTPOP EFSJWBSF JOmOJUF WBSJBOUJ DPNQBUJCJMJ DPO UVUUJ J OPTUSJ BDDFTTPSJ F DPO HMJ TUBOEBSE EJ SJGFSJNFOUP JOUFSOB[JPOBMF %BWWFSP QPTTJBNP EJSF DIF M VOJDP MJNJUF BMM JNQJFHP EFJ OPTUSJ BQQBSFDDIJ Ã’ MB GBOUBTJB EFJ QSPHFUUJTUJ

9

10

*TUSV[JPOJ QFS M VTP

/PNF QSPEPUUP 'BNJHMJB EJ BQQMJDB[JPOF

6GP "SSFEP VSCBOP

%FTJHOFS % #BSUPMJOJ

'PUP QSPEPUUP

$PMPSF GBNJHMJB

$BQJUPMBUP

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS VUJMJ[[P TV 6GP 4ZTUFN 1BTUPSBMF 6GP 4ZTUFN P 6GP 4ZTUFN QBSFUF

$PMPSF "OUSBDJUF

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $PNQPTJ[JPOJ 6GP 4ZTUFN 1FDVMJBSJUË 'JTTBHHJP B QBMP B USF QVOUJ DPO HSBOJ F CVMMPOF QBTTBOUF EJ TJDVSF[[B .

&MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB TJNNFUSJDB QFS JMMVNJOB[JPOF TV RVBUUSP MBUJ PUUJNBMF QFS JMMVNJOB[JPOF QBSDIFHHJ

$PEJDJ

$BSBUUFSJTUJDIF UFDOJDIF t 4JTUFNB EJ mTTBHHJP B QBMP JO GVTJPOF EJ BMMVNJOJP t 1JBTUSB QPSUBDBCMBHHJP JO UFSNPJOEVSFOUF DPO JOOFTUP B TMJUUB t $BMPUUB EJ DPQFSUVSB JO UFSNPJOEVSFOUF t $PSQP B DBNQBOB JO BMMVNJOJP WFSOJDJBUP CJBODP JOUFSOBNFOUF DPO BQFSUVSB B DFSOJFSB t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF t 7JUFSJB JO BDDJBJP JOPY

$PMPSF

$PEJDF

'#5

8 &

"OUSBDJUF

4

2&

8 &

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

4&

8 &

"OUSBDJUF

4

45 4&

8 &

"OUSBDJUF

4

.&

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

1PUFO[B

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

.BOVUFO[JPOF PSEJOBSJB TFNQMJmDBUB EB BDDFTTP BM WBOP PUUJDP TFO[B BUUSF[[J .BOVUFO[JPOF TUSBPSEJOBSJB TFNQMJmDBUB EB BDDFTTP BM WBOP DBCMBHHJP OFMMB QBSUF TVQFSJPSF F TFQBSBUP EBM WBOP PUUJDP 1JBTUSB QPSUBDBCMBHHJP GBDJMNFOUF FTUSBJCJMF BE BQQBSFDDIJP JOTUBMMBUP $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

*1

NBY - NN

$MBTTJmDB[JPOF BQQBSFDDIJ F HSBEP EJ QSPUF[JPOF

%JNFOTJPOF NBTTJNB MBNQBEB '#5 JOTUBMMBCJMF

%JTFHOP RVPUBUP MF NJTVSF TPOP FTQSFTTF JO NN

11

4JNCPMPHJF

(SBEP EJ QSPUF[JPOF *1 -B iSFTJTUFO[Bw PGGFSUB EBMM BQQBSFDDIJP BMMB QFOFUSB[JPOF EJ TPMJEJ F MJRVJEJ WJFOF JOEJDBUB EBM QSFmTTP *1 *OUFSOBUJPOBM 1SPUFDUJPO TFHVJUB EB EVF DJGSF TJHOJmDBUJWF -B QSJNB DJGSB JEFOUJmDB JM HSBEP EJ QSPUF[JPOF DPOUSP M JOHSFTTP EJ DPSQJ TPMJEJ -B TFDPOEB DJGSB JEFOUJmDB JM HSBEP EJ QSPUF[JPOF DPOUSP M JOHSFTTP EJ MJRVJEJ 13*." $*'3" $"3"55&3*45*$" (SBEP EJ QSPUF[JPOF BMMB QFOFUSB[JPOF EFJ DPSQJ TPMJEJ

1SPUFUUP DPOUSP MB QFOFUSB[JPOF EJ DPSQJ TPMJEJ EJ EJNFOTJPOJ TVQFSJPSJ B NN

1SPUFUUP DPOUSP MB QFOFUSB[JPOF EJ DPSQJ TPMJEJ EJ EJNFOTJPOJ TVQFSJPSJ B NN

1SPUFUUP DPOUSP MB QFOFUSB[JPOF EJ DPSQJ TPMJEJ EJ EJNFOTJPOJ TVQFSJPSJ B NN

1SPUFUUP DPOUSP MB QFOFUSB[JPOF EJ DPSQJ TPMJEJ EJ EJNFOTJPOJ TVQFSJPSJ B NN

1SPUFUUP DPOUSP MB QFOFUSB[JPOF EFMMB QPMWFSF

1SPUFUUP UPUBMNFOUF DPOUSP MB QFOFUSB[JPOF EFMMB QPMWFSF 4&$0/%" $*'3" $"3"55&3*45*$" (SBEP EJ QSPUF[JPOF BMMB QFOFUSB[JPOF EFJ DPSQJ MJRVJEJ

1SPUFUUP DPOUSP MF DBEVUF WFSUJDBMJ EJ HPDDF E BDRVB

1SPUFUUP DPOUSP MB DBEVUB EFMM BDRVB DPO JODMJOB[JPOF NBTTJNB EJ ¡

1SPUFUUP DPOUSP MB QJPHHJB

1SPUFUUP DPOUSP HMJ TQSV[[J

1SPUFUUP DPOUSP J HFUUJ E BDRVB

1SPUFUUP DPOUSP MF POEBUF

1SPUFUUP DPOUSP HMJ FGGFUUJ EFMM JNNFSTJPOF EB DN B NU

1SPUFUUP DPOUSP HMJ FGGFUUJ EFMM JNNFSTJPOF QSPMVOHBUB

(SBEP EJ JMMVNJOBNFOUP 2VFTUP TDIFNB QSFTFOUF OFMM BSSFEP VSCBOP SBQQSFTFOUB JM HSBEP EJ JMMVNJOBNFOUP NFEJP DIF Ã’ QPTTJCJMF PUUFOFSF DPO M BQQBSFDDIJP BMMB EJTUBO[B NBTTJNB DPOTJHMJBUB µ BCCJOBUP B VOP TDIFNB UFDOJDP DIF OF TQJFHB OFJ EFUUBHMJ MB QFSGPSNBODF

N

U

NU

NU

NU "TUSB $JSDP 5SJQPEF 4JNNFUSJDP 8 TPEJP -VY NFE -VY NBY

12

4JNCPMPHJF

/PSNF FE 0NPMPHB[JPOJ $POGPSNF BMMF EJSFUUJWF $&&

$MBTTJmDB[JPOF BQQBSFDDIJ %PQQJP JTPMBNFOUP DMBTTF ** "QQBSFDDIJP JO DMBTTF UFS[B 6UJMJ[[B UFOTJPOF JOGFSJPSF B WPMUT &TDMVEF F WJFUB MB NFTTB B UFSSB .POUBHHJP TV TVQFSmDJ OPSNBMNFOUF JOmBNNBCJMJ

*

$BCMBHHJP QFS MBNQBEB DPO BDDFOEJUPSF JODPSQPSBUP

&

$BCMBHHJP DPO BDDFOEJUPSF FTUFSOP BMMB MBNQBEB

4JNCPMPHJF TQFDJBMJ $POGPSNF OPSNBUJWB 6/* ?

$POGPSNF BMMF MFHHJ DPOUSP MhJORVJOBNFOUP MVNJOPTP JOTUBMMB[JPOF JO SJTQFUUP BMMF EFSPHIF SFHJPOBMJ DPO FNJTTJPOF DE ,MN QFS BOHPMJ ยก "QQBSFDDIJ B SJTQBSNJP EJ FOFSHJB "MJNFOUB[JPOF FMFUUSPOJDB

h

&NFSHFO[B QFSNBOFOUF 3FTJTUFOUF BHMJ BHFOUJ BUNPTGFSJDJ 3FTJTUFOUF BHMJ VSUJ *OBMUFSBCJMF BMMF SBEJB[JPOJ VMUSBWJPMFUUF "QQBSFDDIJP DPNQMFUP EJ MBNQBEB

"QQBSFDDIJP DBSSBCJMF *ODBTTP B QBWJNFOUP *ODBTTP B QBSFUF *ODBTTP B TPGmUUP $65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

13

-BNQBEF

4JHMB *-$04

"UUBDDP

1PUFO[B 8BUU

5FOTJPOF 7PMU

5FNQ $PMPSF ,

3FTB DPMPSF

%JDSPJDB

)3 )3(

(6 (6

-JOFBSF

)%

3 T

#JTQJOB

)4(

(: (

1"3

*1"3

&

"3

).(

(

&MJTTPJEBMF

2&

& &

5VCPMBSF

.5

& &

5VCPMBSF

.5

(

5VCPMBSF

.5

(6

&MJTTPJEBMF

.&

& &

%PQQJP BUUBDDP

.%

3Y T

"-0(&/"

.&3$63*0

*0%63* .&5"--*$*

14

-BNQBEF

4JHMB *-$04

"UUBDDP

1PUFO[B 8BUU

5FOTJPOF 7PMU

5FNQ $PMPSF ,

3FTB DPMPSF

%JDSPJDB

)3 )3(

(6 (6

-JOFBSF

)%

3 T

#JTQJOB

)4(

(: (

1"3

*1"3

&

"3

).(

(

&MJTTPJEBMF

2&

& &

5VCPMBSF

.5

& &

5VCPMBSF

.5

(

5VCPMBSF

.5

(6

&MJTTPJEBMF

.&

& &

%PQQJP BUUBDDP

.%

3Y T

"-0(&/"

.&3$63*0

*0%63* .&5"--*$*

15

16

&TUFSOJ SFTJEFO[JBMJ 'VPSJ EJ MVDF

"QQBSFDDIJ EB JODBTTP -B MVDF JO TDBUPMB

"SSFEP VSCBOP -VDJ EFMMB DJUUË

'PSNF

4FNQMJDFNFOUF MVDF

$PNQPTJ[JPOJ F QBMJ 4USBEF EJ MVDF

1MBGPOJFSF "QQMJRVFT -VDF DIF GVO[JPOB

"DDFTTPSJ

$PNQMFNFOUJ MVNJOPTJ

'PUPNFUSJF

-B NJTVSB EFMMB MVDF

17

18

19

20

'VPSJ EJ MVDF &TUFSOJ SFTJEFO[JBMJ

&EJmDJ QVCCMJDJ P QSJWBUJ TUPSJDJ P DPOUFNQPSBOFJ DPOEPNJOJ WJMMFUUF B TDIJFSB P DBTDJOF SJTUSVUUVSBUF QBSDIJ HJBSEJOJ P DPSUJMJ JO PHOJ TJUVB[JPOF BJVUJBNP MF QFSTPOF BE BTTBQPSBSF UVUUB MB NBHJB EFMMB MVDF B WJWFSF NFHMJP J QSPQSJ TQB[J " TFOUJSTJ B DBTB $PMPOOJOF MBNQJPOJ F MBNQJPODJOJ QMBGPOJFSF BQQMJRVF F QSPJFUUPSJ DPTUBOUFNFOUF JO FRVJMJCSJP USB DMBTTJDP F NPEFSOP USB OPWJUË F USBEJ[JPOF QSPHFUUJBNP TJTUFNJ nFTTJCJMJ DIF TJ BEBUUBOP TFO[B TGPS[P BJ EFTJEFSJ EFHMJ VUFOUJ F BMMB WPHMJB EJ JOOPWB[JPOF EFJ EFTJHOFS 4JTUFNJ DPNF %FWB P BQQBSFDDIJ DPNF "OUBSFT F $IPOF P 4QJDB o OBUB EBMMB DPMMBCPSB[JPOF DPO . o GPSOJTDPOP TQVOUJ JNQPSUBOUJ BHMJ BSDIJUFUUJ EFMMB MVDF F BJ QSPHFUUJTUJ EJ JNQJBOUJ EJ JMMVNJOB[JPOF SFTJEFO[JBMF JO UFSNJOJ EJ FMFHBO[B GVO[JPOBMJUË F TJDVSF[[B $PO VOB DPODSFUB TFOTJCJMJUË QFS JM SJTQBSNJP FOFSHFUJDP MB EVSBUB F MB GBDJMJUË EJ NBOVUFO[JPOF & DPO VO PDDIJP EJ SJHVBSEP QFS MP TUJMF 1FSDIÏ BODIF EPWF D Ò MVDF D Ò DBTB

21

22

0SJPO &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS % .PSTF

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP B MVDF SBEFOUF DJSDPMBSF DPO FNJTTJPOF ยก $PMPSF (SJHJP NFUBMMJ[[BUP 7FSEF

ย

6UJMJ[[P 1FSDPSTJ QFEPOBMJ QBSDIFHHJ [POF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO QSFTTPGVTJPOF EJ BMMVNJOJP t %JGGVTPSF JO QPMJDBSCPOBUP USBTQBSFOUF QSJTNBUJ[[BUP JOUFSOBNFOUF TUBCJMJ[[BUP BJ SBHHJ 6 7 FE BOUJ WBOEBMP t $BQQFMMP EJ DIJVTVSB JO QSFTTPGVTJPOF EJ BMMVNJOJP t 1SFTTBDBWP NFUSJDP . Y QFS DBWP EB ย NN B ย NN t 7JUFSJB JO BDDJBJP JOPY

1FDVMJBSJUร %JGGVTPSF BE BMUP SFOEJNFOUP "OUJ WBOEBMP .JOJNP JNQBUUP BNCJFOUBMF

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

7FSEF

ย Y NN

'#5 8

&

$-

$-

'42 8

( E

$-

$-

.5

(

$-

$-

8

NBY ย - NN

*1

23

7FHB &TUFSOJ SFTJEFO[JBMJ

ย

%FTJHOFS % .PSTF

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP B MBNB EJ MVDF SBEFOUF DJSDPMBSF DPO FNJTTJPOF ยก P TFNJDJSDPMBSF B ยก USBNJUF SJnFUUPSF JO EPUB[JPOF 3FHPMB[JPOF GPDBMJ[[B[JPOF MBNQBEB QFS BMMBSHBNFOUP P SFTUSJOHJNFOUP EFMMB TVQFSmDJF JMMVNJOBUB $PMPSF (SJHJP NFUBMMJ[[BUP 7FSEF

$BSBUUFSJTUJDIF UFDOJDIF ย $PSQP JO GVTJPOF EJ BMMVNJOJP ย %JGGVTPSF JO QPMJDBSCPOBUP USBTQBSFOUF QSJTNBUJ[[BUP JOUFSOBNFOUF TUBCJMJ[[BUP BJ SBHHJ 6 7 FE BOUJ WBOEBMP ย $BQQFMMP EJ DIJVTVSB JO GVTJPOF EJ BMMVNJOJP ย 1SFTTBDBWP NFUSJDP . Y QFS DBWP EB ย NN B ย NN ย 7JUFSJB JO BDDJBJP JOPY F OJDIFMBUP

6UJMJ[[P 1FSDPSTJ QFEPOBMJ QBSDIFHHJ [POF WFSEJ QVCCMJDIF QJB[[F CBODIJOF F DBNQJ EB HPMG

24

7FHB

1FDVMJBSJUร

&TUFSOJ SFTJEFO[JBMJ

7&(" %JTUBO[B BQQBSFDDIJP 3BHHJP

" # $ % & ' ( ) * .

" # $ % & ' ( ) * - .

S

( 8

*MMVNJOBNFOUP JO -69

S N

S N

S N

S N

S N

S N

S N

S N

S N

S N

S N

S

*MMVNJOBNFOUP SBEJBMF SPUPTJNNFUSJDP VUJMJ[[P TFO[B SJnFUUPSF JO EPUB[JPOF

t -BNB EJ MVDF SBEFOUF SFHPMBCJMF t 4QFDJmDP QFS HSBOEJ BSFF t %JGGVTPSF BE BMUP SFOEJNFOUP t "OUJ WBOEBMP t .JOJNP JNQBUUP BNCJFOUBMF

( 8

*MMVNJOBNFOUP SBEJBMF TDIFSNBUP ยก ยก VUJMJ[[P SJnFUUPSF JO EPUB[JPOF

7FHB %JNFOTJPOF

1PUFO[B

ย Y NN

.5

(SJHJP NFU

7FSEF

8 (

$-

$-

.5 8 (

$-

$-

*1

25

26

&PT &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS % $IJMร ' 7BMCPOFTJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP B MVDF SBEFOUF FNJTTJPOF ยก &PT FNJTTJPOF ยก &PT DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP P QBWJNFOUB[JPOF $PMPSF (SJHJP NFUBMMJ[[BUP "OUSBDJUF 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

&PT ยก

1FDVMJBSJUร *OTUBMMB[JPOF TFNQMJmDBUB USBNJUF M VUJMJ[[P EJ NPSTFUUJFSB *1 FTUFSOB BMM BQQBSFDDIJP %JNFOTJPOF FTUSFNBNFOUF DPNQBUUB "MJNFOUB[JPOF FMFUUSPOJDB &MFWBUB SFTJTUFO[B EFM CBTBNFOUP BHMJ VSUJ EFSJWBOUJ BE FTFNQJP EB NBDDIJOF UBHMJBFSCB $BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO UFDOPQPMJNFSP SJOGPS[BUP t 1SPmMP EJ TPTUFHOP JO BMMVNJOJP BOPEJ[[BUP B TF[JPOF USJBOHPMBSF t %JGGVTPSF JO FTUSVTP EJ BDSJMJDP USBTQBSFOUF PQBDJ[[BUP F QSJTNBUJ[[BUP JOUFSOBNFOUF t $BQQFMMP EJ DIJVTVSB JO QPMJDBSCPOBUP t .PSTFUUJFSB MJOFBSF Y NNR *1 QFS DBWJ EB ย NN B ย NN QPTJ[JPOBUB OFM CBTBNFOUP t "MJNFOUB[JPOF FMFUUSPOJDB t 7JUFSJB JO BDDJBJP JOPY F OJDIFMBUP

&04 ยก 1PUFO[B

(SJHJP NFU

"OUSBDJUF

'42 ( R 8

4.

44

'#5 & NBY 8

.

4

&04 ยก

&PT ยก

1PUFO[B

(SJHJP NFU

"OUSBDJUF

'42 ( R 8

4.

44

'#5 & NBY 8

.

4

NBY ย - NN

*1

27

28

-BCFM &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS % $IJMÛ ' 7BMCPOFTJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP iUVUUBMVDFw B QSFWBMFO[B GSPOUBMF JO EVF BMUF[[F NN F NN DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP P QBWJNFOUB[JPOF $PMPSF (SJHJP NFUBMMJ[[BUP "OUSBDJUF 7FSEF 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

$BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO UFDOPQPMJNFSP SJOGPS[BUP t 1SPmMP EJ TPTUFHOP JO BMMVNJOJP BOPEJ[[BUP B TF[JPOF USJBOHPMBSF t %JGGVTPSF JO FTUSVTP EJ BDSJMJDP USBTQBSFOUF PQBDJ[[BUP F QSJTNBUJ[[BUP JOUFSOBNFOUF t $BQQFMMP EJ DIJVTVSB JO QPMJDBSCPOBUP t .PSTFUUJFSB MJOFBSF Y NNR *1 QFS DBWJ EB NN B NN QPTJ[JPOBUB OFM CBTBNFOUP t "MJNFOUB[JPOF FMFUUSPOJDB t 7JUFSJB JO BDDJBJP JOPY F OJDIFMBUP t -BNQBEB JODMVTB

1FDVMJBSJUË *OTUBMMB[JPOF TFNQMJmDBUB USBNJUF M VUJMJ[[P EJ NPSTFUUJFSB *1 FTUFSOB BMM BQQBSFDDIJP F MBNQBEB QSFNPOUBUB &MFWBUB SFTJTUFO[B EFM CBTBNFOUP BHMJ VSUJ EFSJWBOUJ BE FTFNQJP EB NBDDIJOF UBHMJBFSCB "MJNFOUB[JPOF FMFUUSPOJDB

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

"OUSBDJUF

7FSEF

Y NN

'%) 8

(

#.

#4

#7

'4%

8

(

,.

,4

,7

'%

8

(

:.

:4

:7

(

%.

%4

%7

Y NN

'%) 8

*1

29

30

5VCF &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS ' 7BMCPOFTJ % $IJMÛ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP EFDPSBUJWP iUVUUBMVDFw B NVSBSF JO BMUF[[F NN F NN 6UJMJ[[P EJ DPOUSPDBTTB PQ[JPOBMF

1FDVMJBSJUË 0UUJDB BE JMMVNJOBNFOUP UPUBMF .BTTJNB TJDVSF[[B QFS TFQBSB[JPOF UPUBMF WBOP DBCMBHHJP F PUUJDB

$PMPSF #JBODP USBOTMVDJEP

$BSBUUFSJTUJDIF UFDOJDIF BQQBSFDDIJP t $POUSPDBTTB JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO QSFTTPGVTJPOF EJ BMMVNJOJP F BOPEJ[[BUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF TQFTTPSF NN t 0UUJDB DJMJOESJDB JO QPMJDBSCPOBUP USBTQBSFOUF PQBDJ[[BUP t $BQQFMMP EJ DIJVTVSB JO UFDOPQPMJNFSP SJOGPS[BUP t 3JnFUUPSF DPOJDP JO BMMVNJOJP CSJMMBOUBUP WFSTJPOF '42

t $PSOJDF QSFTTPGVTJPOF EJ BMMVNJOJP FE BOPEJ[[BUP t $BWP Y NNR ) 3/ ' NU

t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB WFSTJPOF '42

6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF "DDFTTPSJ PQ[JPOBMJ $POUSPDBTTB JO UFDOPQPMJNFSP SJOGPS[BUP DPE

.PSTFUUJFSB MJOFBSF *1 DPE $4

.PSTFUUJFSB EJ EFSJWB[JPOF B w5w *1 DPE $4

%JNFOTJPOJ

1PUFO[B

Y NN

'#5 8 &

8

'42 8 (Y E t

8

'#5 8 &

8

'42 8 (Y E t

8

Y NN

$PEJDF

$POUSPDBTTB Y NN

.PSTFUUJFSB MJOFBSF *1

$4 QBH

.PSTFUUJFSB EJ EFSJWB[JPOF B w5w *1

$4 QBH

"DDFTTPSJ

NBY - t

*1

31

32

4QJDB &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS ' 7BMCPOFTJ % $IJMÛ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP EFDPSBUJWP iUVUUBMVDFw B NVSBSF 6UJMJ[[P EJ HIJFSB PQ[JPOBMF QFS JOTUBMMB[JPOF TV QBWJNFOUB[JPOF 6UJMJ[[P EJ DPOUSPDBTTB PQ[JPOBMF $PMPSF 5SBTQBSFOUF 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF "DDFTTPSJ PQ[JPOBMJ (IJFSB JO BDDJBJP JOPY DPEJDF $-

$POUSPDBTTB JO UFDOPQPMJNFSP SJOGPS[BUP DPEJDF $-

.PSTFUUJFSB MJOFBSF *1 $4

.PSTFUUJFSB EJ EFSJWB[JPOF B w5w *1 $4

1FDVMJBSJUË 0UUJDB BE JMMVNJOBNFOUP UPUBMF .BTTJNB TJDVSF[[B QFS TFQBSB[JPOF UPUBMF WBOP DBCMBHHJP *1 F PUUJDB $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO GVTJPOF EJ BMMVNJOJP F BOPEJ[[BUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP TQFTTPSF NN USBTQBSFOUF t 0UUJDB DJMJOESJDB JO QPMJDBSCPOBUP USBTQBSFOUF SJWFTUJUB JOUFSOBNFOUF EB QFMMJDPMB NJDSPQSJTNBUJDB 0-'¥ EJ . t $BQQFMMP EJ DIJVTVSB B mMP JO BMMVNJOJP WFSOJDJBUP CJBODP t 3JnFUUPSF DPOJDP JO UFDOPQPMJNFSP t $BWP Y NNR ) 3/ ' NU t 1SFTTBDBWP NFUSJDP . Y QFS DBWP EB NN B NN t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB TV '42

%JNFOTJPOJ

1PUFO[B

Y NN

'#5 8 &

$PEJDF $-

'42 8 ( E t

$-

"DDFTTPSJ (IJFSB JOPY NN

$-

$4

.PSTFUUJFSB MJOFBSF *1

$4 QBH

.PSTFUUJFSB EJ EFSJWB[JPOF B w5w *1

$4 QBH

$POUSPDBTTB Y NN

NBY - t

*1

33

34

4FJMB &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 4UVEJP %"

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP B MVDF JOEJSFUUB DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP P QBWJNFOUB[JPOF $PMPSF (SJHJP NFUBMMJ[[BUP 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF 1FDVMJBSJUË %FTJHO *OTUBMMB[JPOF TFNQMJmDBUB USBNJUF M VUJMJ[[P EJ NPSTFUUJFSB *1 FTUFSOB BMM BQQBSFDDIJP -VDF JOEJSFUUB $BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO UFDOPQPMJNFSP SJOGPS[BUP t 1SPmMP EJ TPTUFHOP JO BMMVNJOJP BOPEJ[[BUP B TF[JPOF RVBESBUB t %JGGVTPSF JO WFUSP UFNQFSBUP t "OFMMP EJ DIJVTVSB JO UFDOPQPMJNFSP SJOGPS[BUP t (SVQQP PUUJDP JOUFSOP JO BMMVNJOJP BOPEJ[[BUP BE BMUP HSBEJ EJ QSPUF[JPOF *1

t 3JnFUUPSF FTUFSOP B WFMB JO BMMVNJOJP BOPEJ[[BUP F QPMJVSFUBOP t .PSTFUUJFSB MJOFBSF Y NNR *1 QFS DBWJ EB NN B NN QPTJ[JPOBUB OFM CBTBNFOUP t 7JUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

$PMPSF

$PEJDF

Y NN

'#5 8 &

(SJHJP NFU

4

NBY - NN

*1

35

36

,J BSB &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS . .BHHJPOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP EFDPSBUJWP DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP P QBWJNFOUB[JPOF $PMPSF (SJHJP NFUBMMJ[[BUP "OUSBDJUF 7FSEF 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

1FDVMJBSJUË 3FTJTUFO[B UPUBMF BHMJ BHFOUJ BUNPTGFSJDJ F BMMB DPSSPTJPOF 3FTJTUFO[B UPUBMF JO BNCJFOUJ TBMJOJ (BSBO[JB UPUBMF BJ SJTDIJ EJ GPMHPSB[JPOF %FTJHO JOOPWBUJWP $PSQP NPOPTDPDDB "MJNFOUB[JPOF FMFUUSPOJDB $BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO UFSNPJOEVSFOUF t $PSQP NPOPTDPDDB JO UFDOPQPMJNFSP SJOGPS[BUP t 0UUJDB JO BMMVNJOJP BOPEJ[[BUP BE BMUP SFOEJNFOUP t %JGGVTPSF JO QPMJDBSCPOBUP CJBODP t $PSOJDF EJ DIJVTVSB JO UFDOPQPMJNFSP t 7JUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

"OUSBDJUF

7FSEF

Y NN

'#5 8 &

"

.

7

"

.

7

"MJNFOUB[JPOF FMFUUSPOJDB Y NN

'42 Y 8 ( R t

NBY - NN

*1

t

37

QBSFUF

"OUBSFT &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 3 $BTBMPOF ( %FNJDIFMJT

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP EFDPSBUJWP DPO TUBGGB EJ mTTBHHJP B QBSFUF $PMPSF -FHOP "MMVNJOJP 6UJMJ[[P 4JUJ BSDIFPMPHJDJ DBTUFMMJ F SPDDIF DFOUSJ TUPSJDJ BSFF EJ USBOTJUP F DPMPOOBUJ EJ HSBOEF EJNFOTJPOF 1FDVMJBSJUË &GGFUUP mBDDPMB "CCJOBNFOUP MFHOP JOPY BMMVNJOJP $BSBUUFSJTUJDIF UFDOJDIF t 4UBGGB B QBSFUF JO BDDJBJP JOPY TBUJOBUP t $PSQP JO MFHOP DPMPS DJMJFHJP F BMMVNJOJP BOPEJ[[BUP t %JGGVTPSF JO BDSJMJDP CJBODP t 7JUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

$PMPSF

$PEJDF

Y NN

'4%

8 (

-FHOP "MMVNJOJP

$%

.5

8 (

-FHOP "MMVNJOJP

$%

*1

38

UFSSB

"OUBSFT &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 3 $BTBMPOF ( %FNJDIFMJT

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP EFDPSBUJWP DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP P QBWJNFOUB[JPOF $PMPSF -FHOP "MMVNJOJP 6UJMJ[[P 4JUJ BSDIFPMPHJDJ DBTUFMMJ F SPDDIF 1FDVMJBSJUË "CCJOBNFOUP MFHOP BMMVNJOJP

$BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO BMMVNJOJP F BOPEJ[[BUP t $PSQP JO MFHOP DPMPS DJMJFHJP F BMMVNJOJP BOPEJ[[BUP t %JGGVTPSF JO BDSJMJDP CJBODP t 7JUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

$PMPSF

Y NN

'4%

8 (

-FHOP "MMVNJOJP $-

$PEJDF

.5

8 (

-FHOP "MMVNJOJP

$-

*1

39

40

4UBS &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 4 #PUUBSJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP P QBWJNFOUB[JPOF $PMPSF (SJHJP NFUBMMJ[[BUP /FSP 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF 1FDVMJBSJUË 3FTJTUFO[B UPUBMF BHMJ BHFOUJ BUNPTGFSJDJ FE BMMB DPSSPTJPOF 3FTJTUFO[B UPUBMF JO BNCJFOUJ TBMJOJ (BSBO[JB UPUBMF BJ SJTDIJ EJ GPMHPSB[JPOF %JGGVTPSF BE BMUP SFOEJNFOUP $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t %JGGVTPSF JO QPMJDBSCPOBUP USBTQBSFOUF QSJTNBUJ[[BUP JOUFSOBNFOUF TUBCJMJ[[BUP BJ SBHHJ 6 7 FE BOUJ WBOEBMP t $BQQFMMP EJ DIJVTVSB JO UFSNPJOEVSFOUF t 7JUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

Y NN

'#5

8 &

.

/

'4%

8 ( E

.

/

.5

8 (

.

/

NBY - NN

*1

41

42

43

8JY DMFBS &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

ยก ย ย ย

ย

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP P QBWJNFOUB[JPOF $PMPSF (SJHJP NFUBMMJ[[BUP /FSP #JBODP 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QBSDIFHHJ TUB[JPOJ EJ TFSWJ[JP

1FDVMJBSJUร &DPOPNJDJUร $BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP FTUSVTP t %JGGVTPSF JO BDSJMJDP P QPMJDBSCPOBUP USBTQBSFOUF t 'SBOHJMVDF JO BMMVNJOJP WFSOJDJBUP CJBODP t $BQQFMMP EJ DIJVTVSB JO BMMVNJOJP QSFTTPGVTP t 7JUFSJB JO BDDJBJP JOPY

8JY DMFBS 4DIFSNP BDSJMJDP %JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

#JBODP

ย Y NN

'#5

8 &

.

/

#

2&

8 &

.

/

#

.5 .&

8 &

.

/

#

45 4&

8 &

.

/

#

45 4&

8 &

.

/

#

8JY DMFBS 4DIFSNP QPMJDBSCPOBUP %JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

#JBODP

ย Y NN

'#5

8 &

.

/

#

2&

8 &

.

/

#

.5 .&

8 &

.

/

#

45 4&

8 &

.

/

#

45 4&

8 &

.

/

#

*1

44

NBY ย - NN

8JY PQBM &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

ยก ย ย ย

ย

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP P QBWJNFOUB[JPOF $PMPSF (SJHJP NFUBMMJ[[BUP /FSP 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QBSDIFHHJ TUB[JPOJ EJ TFSWJ[JP

1FDVMJBSJUร &DPOPNJDJUร $BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP FTUSVTP t %JGGVTPSF JO BDSJMJDP P QPMJDBSCPOBUP CJBODP t $BQQFMMP EJ DIJVTVSB JO BMMVNJOJP QSFTTPGVTP t 7JUFSJB JO BDDJBJP JOPY

8JY PQBM 4DIFSNP BDSJMJDP %JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

ย Y NN

'#5

8 &

.

/

2&

8 &

.

/

.5 .&

8 &

.

/

45 4&

8 &

.

/

45 4&

8 &

.

/

8JY PQBM 4DIFSNP QPMJDBSCPOBUP %JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

ย Y NN

'#5

8 &

.

/

2&

8 &

.

/

.5 .&

8 &

.

/

45 4&

8 &

.

/

45 4&

8 &

.

/

*1

NBY ย - NN

45

46

5PQ &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

ย

ยก ย

ย ย

ย

ย

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP JO EVF BMUF[[F NN F NN DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP P QBWJNFOUB[JPOF $PMPSF (SJHJP /FSP 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF 1FDVMJBSJUร &DPOPNJDJUร $IJVTVSB B CBJPOFUUB $BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO BMMVNJOJP FTUSVTP t %JGGVTPSF JO BDSJMJDP CJBODP t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB TV WFSTJPOJ '4% F '42

%JNFOTJPOJ

1PUFO[B

ย Y NN

'#5 8 &

ย Y NN

(SJHJP

/FSP

.

/

'4%

8 ( t

.

/

'42

8 ( E t

.

/

'#5 8 &

.

/

'4%

8 ( t

.

/

'42

8 ( E t

.

/

NBY ย - NN

t

*1

47

48

49

mTTBHHJP B UFSSB

4UFMP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 3 .BSFUUJ

ย ยก ย

ย

ย ย

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP JO USF BMUF[[F NN NN F NN DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP P QBWJNFOUB[JPOF P QFS NPOUBHHJP B QBSFUF

6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

$BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO BDDJBJP [JODBUP B DBMEP 6/* &/

t $PSQP JO BDDJBJP BMMVNJOBUP t %JGGVTPSF JO QPMJDBSCPOBUP CJBODP t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB TV '4% F '42

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

ย Y NN

'#5 8 &

.

/

'4% 8 ( t

.

/

t '42 8 ( E

.

/

'#5 8 &

.

/

'4% 8 ( t

.

/

'42 8 ( E t

.

/

'#5 8 &

.

/

'4% 8 ( t

.

/

'42 8 ( E t

.

/

$PMPSF (SJHJP NFUBMMJ[[BUP /FSP

ย Y NN

ย Y NN

NBY ย - NN

50

1FDVMJBSJUร &DPOPNJDJUร $IJVTVSB B CBJPOFUUB

*1

t

BQQMJRVF B QBSFUF

4UFMP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 3 .BSFUUJ

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

Y NN

'4%

.

/

8 (

*1

51

52

53

mTTBHHJP B UFSSB

เธ #BNCรก &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 3 .BSFUUJ

ย ยก ย

ย

ย ย

1FDVMJBSJUร &DPOPNJDJUร $IJVTVSB B CBJPOFUUB

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP JO USF BMUF[[F NN NN F NN DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP QBWJNFOUB[JPOF P QFS NPOUBHHJP B QBSFUF

$BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO BDDJBJP [JODBUP B DBMEP 6/* &/

t $PSQP JO BDDJBJP BMMVNJOBUP WFSTJPOJ (SJHJP NFUBMMJ[[BUP /FSP $PSUFO F #JBODP

t $PSQP JO JOPY "*4* - WFSTJPOF *OPY

t %JGGVTPSF B mMP JO QPMJDBSCPOBUP USBTMVDJEP QSJTNBUJ[[BUP JOUFSOBNFOUF t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB TV WFSTJPOJ '4% F '42

$PMPSF (SJHJP NFUBMMJ[[BUP /FSP *OPY $PSUFO #JBODP 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

%JNFOTJPOJ ย Y NN

ย Y NN

ย Y NN

1PUFO[B

(SJHJP NFU

*OPY

$PSUFO

#JBODP

'#5 8 &

.

/

"

+

#

'4% 8 ( t

.

/

"

+

#

'42 8 ( E t

.

/

"

+

#

'#5 8 &

.

/

"

+

#

'4% 8 ( t

.

/

"

+

#

'42 8 ( E t

.

/

"

+

#

'#5 8 &

.

/

"

+

#

'4% 8 ( t

.

/

"

+

#

'42 8 ( E t

.

/

"

+

#

NBY ย - NN

54

/FSP

*1

t

BQQMJRVF B QBSFUF

#BNCรก &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 3 .BSFUUJ

ย

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

*OPY

$PSUFO

#JBODP

ย Y NN

'4%

.

/

"

+

#

8 (

*1

55

mTTBHHJP B UFSSB

เธ #BNCรก GSBOHJMVDF &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 3 .BSFUUJ

ย ย

ยก ย

ย ย ย

ย ย

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP JO USF BMUF[[F NN NN F NN DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP QBWJNFOUB[JPOF P QFS NPOUBHHJP B QBSFUF $PMPSF (SJHJP NFUBMMJ[[BUP /FSP 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

%JNFOTJPOJ ย Y NN

ย Y NN

ย Y NN

1PUFO[B

$BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO BDDJBJP [JODBUP B DBMEP 6/* &/

t $PSQP JO BDDJBJP BMMVNJOBUP t %JGGVTPSF JO QPMJDBSCPOBUP USBTQBSFOUF QSJTNBUJ[[BUP JOUFSOBNFOUF t 'SBOHJMVDF JO UFDOPQPMJNFSP SJOGPS[BUP t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB TV WFSTJPOJ '4% F '42

(SJHJP NFU

'#5 8 & t

'4%

8 (

'42

8 ( E t

/FSP

.

/

.

/

.

/

'#5 8 &

.

/

'4%

8 ( t

.

/

'42

8 ( E t

.

/

.

/

'#5 8 & '4%

8 ( t

.

/

'42

8 ( E t

.

/

NBY ย - NN

56

1FDVMJBSJUร &DPOPNJDJUร $IJVTVSB B CBJPOFUUB

*1

t

BQQMJRVF B QBSFUF

#BNCรก GSBOHJMVDF &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 3 .BSFUUJ

ย ย

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

ย Y NN

'4%

.

/

8 (

*1

'SBOHJMVDF #BNCรก "DDFTTPSJP QFS FTUFSOJ 'SBOHJMVDF QFS VUJMJ[[P TV BQQBSFDDIJ #BNCรก $PMPSF (SJHJP NFUBMMJ[[BUP /FSP 6UJMJ[[P "QQMJDBCJMF TV QSPEPUUJ HJร JOTUBMMBUJ TFSJF #BNCรก JO TPTUJUV[JPOF BM EJGGVTPSF FTJTUFOUF 1FDVMJBSJUร &DPOPNJDJUร $IJVTVSB B CBJPOFUUB 3JTQPOEFO[B BMMF OPSNBUJWF DPOUSP M JORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF t %JGGVTPSF JO QPMJDBSCPOBUP USBTQBSFOUF QSJTNBUJ[[BUP JOUFSOBNFOUF t -BNFMMF JO UFDOPQPMJNFSP SJOGPS[BUP

.BSFDP -VDF TUB QFSTFHVFOEP VOB QPMJUJDB EJ TFOTJCJMJ[[B[JPOF EFM NFSDBUP BMM VUJMJ[[P EJ BQQBSFDDIJ BODIF OFMM BNCJUP SFTJEFO[JBMF DPOGPSNJ BMMB OPSNB 6/* *M 'SBOHJMVDF #BNCรก FWPMWF RVFTUB mMPTPmB DPOTFOUFOEP EJ QPUFS BEFHVBSF BODIF J QSPEPUUJ HJร FTJTUFOUJ DPO DPTUJ NPMUP SJEPUUJ %JBNFUSP

(SJHJP NFU

/FSP

ย NN

.

/

57

58

mTTBHHJP B UFSSB

-VY FTU &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS .BSJP 'SBV

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP JO USF BMUF[[F NN NN F NN DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP QBWJNFOUB[JPOF $PMPSF "MMVNJOJP "OUSBDJUF $PSUFO #JBODP TPMP WFSTJPOF TDIFSNP UVUUB MVDF

6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

$BSBUUFSJTUJDIF QFDVMJBSJ 1SPmMP B TF[JPOF RVBESBUB *OTUBMMB[JPOF TFNQMJmDBUB USBNJUF M VUJMJ[[P EJ NPSTFUUJFSB *1 FTUFSOB BMM BQQBSFDDIJP "MJNFOUB[JPOF FMFUUSPOJDB TV WFSTJPOF '42 $BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO BMMVNJOJP BOPEJ[[BUP t %JGGVTPSF JO BDSJMJDP USBTMVDJEP -VY FTU TDIFSNP UVUUB MVDF

t %JGGVTPSF JO BDSJMJDP USBOTMVDJEP TFNJWFSOJDJBUP -VY FTU TDIFSNP TFNJWFSOJDJBUP

t 7JUFSJB JO BDDJBJP JOPY

4DIFSNP UVUUB MVDF %JNFOTJPOJ

1PUFO[B

"MMVNJOJP

"OUSBDJUF

$PSUFO

#JBODP

Y NN

'#5 8 &

(

4

+

#

'42 8 ( R

3(

34

3+

3#

'#5 8 &

(

4

+

#

'42 8 ( R

3(

34

3+

3#

'#5 8 &

(

4

+

#

'42 8 ( R

3(

34

3+

3#

Y NN

4DIFSNP UVUUB MVDF

Y NN

4DIFSNP TFNJWFSOJDJBUP %JNFOTJPOJ

1PUFO[B

"MMVNJOJP

"OUSBDJUF

$PSUFO

Y NN

'#5 8 &

(

4

+

'42 8 ( R

3(

34

3+

'#5 8 &

(

4

+

'42 8 ( R

3(

34

3+

'#5 8 &

(

4

+

'42 8 ( R

3(

34

3+

Y NN

Y NN

4DIFSNP TFNJWFSOJDJBUP

NBY - NN NBY - NN

*1

59

60

mTTBHHJP B UFSSB

-VY FTU &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS .BSJP 'SBV

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP JO USF BMUF[[F NN NN F NN DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP QBWJNFOUB[JPOF $PMPSF "MMVNJOJP "OUSBDJUF $PSUFO #JBODP TPMP WFSTJPOF TDIFSNP UVUUB MVDF

6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

$BSBUUFSJTUJDIF QFDVMJBSJ 1SPmMP B TF[JPOF RVBESBUB *OTUBMMB[JPOF TFNQMJmDBUB USBNJUF M VUJMJ[[P EJ NPSTFUUJFSB *1 FTUFSOB BMM BQQBSFDDIJP "MJNFOUB[JPOF FMFUUSPOJDB TV WFSTJPOF '42 $BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO BMMVNJOJP BOPEJ[[BUP t %JGGVTPSF JO BDSJMJDP USBOTMVDJEP -VY FTU TDIFSNP UVUUB MVDF

t %JGGVTPSF JO BDSJMJDP USBTMVDJEP TFNJWFSOJDJBUP -VY FTU TDIFSNP &DP

t 7JUFSJB JO BDDJBJP JOPY

4DIFSNP UVUUB MVDF %JNFOTJPOJ

1PUFO[B

"MMVNJOJP

"OUSBDJUF

$PSUFO

#JBODP

Y NN

'#5 8 &

(

4

+

#

'42 8 ( R

4(

44

4+

4#

'#5 8 &

(

4

+

#

'42 8 ( R

4(

44

4+

4#

'#5 8 &

(

4

+

#

'42 8 ( R

4(

44

4+

4#

Y NN

4DIFSNP UVUUB MVDF

Y NN

4DIFSNP TFNJWFSOJDJBUP %JNFOTJPOJ

1PUFO[B

"MMVNJOJP

"OUSBDJUF

$PSUFO

Y NN

'#5 8 &

(

4

+

'42 8 ( R

4(

44

4+

'#5 8 &

(

4

+

'42 8 ( R

4(

44

4+

'#5 8 &

(

4

+

'42 8 ( R

4(

44

4+

Y NN Y NN

4DIFSNP TFNJWFSOJDJBUP

NBY - NN

NBY - NN

*1

61

62

BQQMJRVF B QBSFUF

-VY FTU &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS .BSJP 'SBV

4DIFSNP

4DIFSNP

ยก

ย

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P B QBSFUF

1FDVMJBSJUร 1SPmMP B TF[JPOF RVBESBUB

$PMPSF "MMVNJOJP "OUSBDJUF $PSUFO #JBODP

$BSBUUFSJTUJDIF UFDOJDIF t "UUBDDP B QBSFUF JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO BMMVNJOJP BOPEJ[[BUP t %JGGVTPSF JO BDSJMJDP USBTMVDJEP t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P ;POF EJ USBGmDP FE BSFF HFOFSBMJ JOUFSOF EJ FEJmDJ QVCCMJDJ F QSJWBUJ QPSUJDBUJ F CBMDPOJ

ยก

4DIFSNP %JNFOTJPOJ

1PUFO[B

"MMVNJOJP

"OUSBDJUF

$PSUFO

#JBODP

Y NN

'#5 8 &

(

4

+

#

'42 8 ( R

3(

34

3+

3#

NBY ย - NN

4DIFSNP %JNFOTJPOJ

1PUFO[B

"MMVNJOJP

"OUSBDJUF

$PSUFO

#JBODP

Y NN

'#5 8 &

(

4

+

#

'42 8 ( R

4(

44

4+ 4+

4#

NBY ย - NN

*1

63

64

mTTBHHJP B QBSFUF QBWJNFOUP P TPGmUUP

-VY FTU &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS .BSJP 'SBV

4DIFSNP

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P B QBSFUF QBWJNFOUP P TPGmUUP

4DIFSNP

1FDVMJBSJUË 1SPmMP B TF[JPOF RVBESBUB $BSBUUFSJTUJDIF UFDOJDIF t "UUBDDP B QBSFUF TPGmUUP JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO BMMVNJOJP BOPEJ[[BUP t %JGGVTPSF JO BDSJMJDP USBTMVDJEP t 7JUFSJB JO BDDJBJP JOPY

$PMPSF "MMVNJOJP "OUSBDJUF $PSUFO #JBODP

6UJMJ[[P ;POF EJ USBGmDP FE BSFF HFOFSBMJ JOUFSOF EJ FEJmDJ QVCCMJDJ F QSJWBUJ QPSUJDBUJ F CBMDPOJ

4DIFSNP

%JNFOTJPOJ

1PUFO[B

"MMVNJOJP

"OUSBDJUF

$PSUFO

#JBODP

Y NN

'#5 8 &

(

4

+

#

NBY - NN

4DIFSNP %JNFOTJPOJ

1PUFO[B

"MMVNJOJP

"OUSBDJUF

$PSUFO

#JBODP

Y NN

'#5 8 &

(

4

+

#

NBY - NN

QBWJNFOUP *1

TPGmUUP *1

QBSFUF *1 65

66

DPO QBMP

,BQQBEVF &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 4 #PUUBSJ % $IJMÛ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DPO QBMP B QSPmMP SFUUBOHPMBSF BMUF[[B UPUBMF NN DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP QBWJNFOUB[JPOF $PMPSF (SJHJP CVDDJBUP %JTQPOJCJMF B SJDIJFTUB OFJ DPMPSJ /FSP MJTDJP PQBDP $PSUFO MJTDJP PQBDP #JBODP MJTDJP PQBDP 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF 1FDVMJBSJUË %JNFOTJPOF FTUSFNBNFOUF DPNQBUUB *OTUBMMB[JPOF TFNQMJmDBUB USBNJUF M VUJMJ[[P EJ NPSTFUUJFSB *1 FTUFSOB BMM BQQBSFDDIJP $BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP 6/* &/ t 1BMP JO BDDJBJP [JODBUP B DBMEP 6/* &/

t $PSQP JO BMMVNJOJP QSFTTPGVTP BOPEJ[[BUP F WFSOJDJBUP t %JGGVTPSF JO WFUSP UFNQFSBUP F TFSJHSBGBUP t $BQQFMMP EJ DIJVTVSB B mMP JO BMMVNJOJP t .PSTFUUJFSB Y NNR *1 QFS DBWJ NN B NN t 7JUFSJB JO BDDJBJP JOPY ,BQQBEVF DPO QBMP 1PUFO[B

$PMPSF

$PEJDF

)3( )"-01"3 (6 NBY 8

(SJHJP CVDDJBUP

(

*1

67

68

B QBSFUF

,BQQBEVF &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 4 #PUUBSJ

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP XBMM XBTIFS NPOP FNJTTJPOF P CJ FNJTTJPOF QFS JMMVNJOB[JPOF EJSFUUB P JOEJSFUUB

1FDVMJBSJUร %JNFOTJPOF FTUSFNBNFOUF DPNQBUUB &GGFUUP XBMM XBTIJOH $BSBUUFSJTUJDIF UFDOJDIF t "UUBDDP B QBSFUF JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP QSFTTPGVTP t %JGGVTPSF JO WFUSP UFNQFSBUP F TFSJHSBGBUP t $BQQFMMP EJ DIJVTVSB B mMP JO BMMVNJOJP NPOP FNJTTJPOF

t 7JUFSJB JO BDDJBJP JOPY

$PMPSF (SJHJP CVDDJBUP /FSP MJTDJP PQBDP $PSUFO MJTDJP PQBDP #JBODP MJTDJP PQBDP 6UJMJ[[P "SFF EJ QBTTBHHJP QSJWBUF F QVCCMJDIF

,BQQBEVF NPOP FNJTTJPOF

ยก

1PUFO[B )3( )"-01"3 (6 NBY 8

(SJHJP CVDDJBUP

/FSP

$PSUFO

#JBODP

(

/

+

#

,BQQBEVF CJ FNJTTJPOF 1PUFO[B ยก

ยก

)4( )"-01*/ ( NBY 8

(SJHJP CVDDJBUP

/FSP

$PSUFO

#JBODP

(

/

+

#

*1

69

70

8PPE &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

ยก

ย

ย

ย ย

ย

ย

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP JO EVF BMUF[[F NN F NN DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP P QBWJNFOUB[JPOF $PMPSF -FHOP 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF 1FDVMJBSJUร &DPOPNJDJUร $IJVTVSB B CBJPOFUUB .BUFSJBMF FDPMPHJDP $BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO MFHOP EJ QJOP OPSEJDP USBUUBUP 5BOBMJU & JO BVUPDMBWF t %JGGVTPSF JO BDSJMJDP CJBODP t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB TV WFSTJPOF '42 8

%JNFOTJPOJ ย Y NN

ย Y NN

1PUFO[B

$PEJDF

'#5

8 &

-

'42

8 ( E t

-

'#5

8 &

-

'42

8 ( E t

-

NBY ย - NN

*1

t

71

B QBSFUF

-FESP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS NPOUBHHJP EJSFUUP B QBSFUF DPNQMFUP EJ EJGGVTPSF TGFSJDP NN

1FDVMJBSJUË .BUFSJBMF FDPMPHJDP $BSBUUFSJTUJDIF UFDOJDIF t #SBDDJP JO MFHOP EJ QJOP OPSEJDP USBUUBUP 5BOBMJU & JO BVUPDMBWF t %JGGVTPSF TGFSJDP JO BDSJMJDP CJBODP USBTQBSFOUF P GVNÏ t 7JUFSJB JO BDDJBJP JOPY

$PMPSF -FHOP #JBODP -FHOP 'VNÏ -FHOP 5SBTQBSFOUF 6UJMJ[[P 1BSFUJ QFSJNFUSBMJ

-FESP B QBSFUF %JNFOTJPOJ

1PUFO[B

Y Y NN

'#5

NBY - NN

*1

72

8 &

#JBODP

'VNÏ

5SBTQBSFOUF

#

'

5

B QBMP

-FESP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

$PNQPTJ[JPOF QFS FTUFSOJ 1BMP DPNQMFUP EJ CBTBNFOUP QFS JOTUBMMB[JPOF TV QMJOUP P QBWJNFOUB[JPOF F EJGGVTPSJ TGFSJDJ NN $PMPSF -FHOP #JBODP -FHOP 'VNÏ -FHOP 5SBTQBSFOUF 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

1FDVMJBSJUË .BUFSJBMF FDPMPHJDP $BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO BDDJBJP [JODBUP B DBMEP 6/* &/ t 1BMP JO MFHOP EJ QJOP OPSEJDP USBUUBUP 5BOBMJU & JO BVUPDMBWF t #SBDDJP JO MFHOP EJ QJOP OPSEJDP USBUUBUP 5BOBMJU & JO BVUPDMBWF t %JGGVTPSF TGFSJDP JO BDSJMJDP CJBODP USBTQBSFOUF P GVNÏ t 7JUFSJB JO BDDJBJP JOPY

-FESP DPO QBMP VOB MVDF %JNFOTJPOJ

1PUFO[B

Y Y NN

'#5 8 &

#JBODP

'VNÏ

5SBTQBSFOUF

#

'

5

#JBODP

'VNÏ

5SBTQBSFOUF

#

'

5

-FESP DPO QBMP EVF MVDJ %JNFOTJPOJ

1PUFO[B

Y Y NN

'#5 Y 8 &

NBY - NN

*1

73

74

5BP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 1 .POUBMUJ

ย

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMP ย NN JO UFTUB

1FDVMJBSJUร &DPOPNJDJUร

$PMPSF #JBODP BWPSJP (SJHJP NFUBMMJ[[BUP /FSP 7FSEF

$BSBUUFSJTUJDIF UFDOJDIF t #BTF JO UFDOPQPMJNFSP SJOGPS[BUP t %JGGVTPSF JO BDSJMJDP CJBODP t $BQQFMMP JO UFDOPQPMJNFSP SJOGPS[BUP t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF ย

%JNFOTJPOJ

1PUFO[B

#JBODP BWPSJP

(SJHJP NFU

/FSP

7FSEF

Y NN

'#5

8 & ยก

#

.

/

7

'42

8 ( E

#

.

/

7

NBY ย - NN

*1

ยก 75

76

,JU 5BP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 1 .POUBMUJ

1BMP nBOHJBUP "QQBSFDDIJP 5BP DPNQMFUP EJ QBMP DJMJOESJDP NN F nBOHJB BDDFTTPSJP .JTUSBM JO EVF BMUF[[F NN

1BMP JOUFSSBUP "QQBSFDDIJP 5BP DPNQMFUP EJ QBMP DJMJOESJDP NN JO USF BMUF[[F NN

$PMPSF *OPY 6UJMJ[[P 1FSDPSTJ QFEPOBMJ BSFF WFSEJ QSJWBUF $BSBUUFSJTUJDIF QFDVMJBSJ &DPOPNJDJUË 3FTJTUFO[B BJ SBHHJ 67 FE BHMJ BHFOUJ BUNPTGFSJDJ 6OJGPSNJUË DPMPSF QBMP BQQBSFDDIJP $BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB JO UFDOPQPMJNFSP SJOGPS[BUP t 1BMP TFSJF 1BMJOPY DPO BOJNB JOUFSOB JO mCFSHMBTT F DPQFSUVSB SJWFTUJNFOUP JO MBNJOBUP EJ BMMVNJOJP t #BTF JO UFDOP QPMJNFSP SJOGPS[BUP t %JGGVTPSF JO BDSJMJDP CJBODP t $BQQFMMP JO UFDOPQPMJNFSP SJOGPS[BUP t 7JUFSJB JO BDDJBJP JOPY 1BMP nBOHJBUP $PEJDF

"MUF[[B UPUBMF QBMP

1PUFO[B

NN

'#5 8 &

8

NN

'#5 8 &

8

1BMP JOUFSSBUP $PEJDF

"MUF[[B UPUBMF QBMP

1PUFO[B

NN

'#5 8 &

8

NN

'#5 8 &

8

NN

'#5 8 &

8

NBY - NN

*1

77

78

5FP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 1 5PSDPMBDDJ

1FDVMJBSJUË &DPOPNJDJUË

$PMPSF (SJHJP NFUBMMJ[[BUP "OUSBDJUF 7FSEF

$BSBUUFSJTUJDIF UFDOJDIF t #BTF JO UFDOPQPMJNFSP SJOGPS[BUP t %JGGVTPSF JO BDSJMJDP CJBODP t $BQQFMMP JO UFDOPQPMJNFSP SJOGPS[BUP t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMP NN JO UFTUB

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

"OUSBDJUF

7FSEF

Y NN

'#5 8 &

.

4

7

NBY - NN

*1

79

80

$IPOF &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS ' "OTFMNJ

$IPOF *M QBSUJDPMBSF QPTJ[JPOBNFOUP EFMM BUUBDDP MBNQBEB TPUUP JM DBQQFMMP TVQFSJPSF GB EJ $IPOF JM QSJNP MBNQJPOF QFS HJBSEJOJ SFTJEFO[JBMJ B SFDVQFSP UPUBMF EJ MVDF SFOEFOEPMP DPOGPSNF BMMF OPSNF 6/* F BJ WBSJ SFHPMBNFOUJ F MFHHJ SFHJPOBMJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMP NN JO UFTUB

$PMPSF (SJHJP NFUBMMJ[[BUP /FSP 7FSEF 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

1FDVMJBSJUË &DPOPNJDJUË "UUBDDP MBNQBEB QPTJ[JPOBUP TPUUP JM DBQQFMMP TVQFSJPSF QFS SFDVQFSP UPUBMF EJ MVDF 3JTQPOEFO[B BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF t #BTF JO UFDOPQPMJNFSP SJOGPS[BUP t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF QSJTNBUJ[[BUP JOUFSOBNFOUF t $BQQFMMP JO UFDOPQPMJNFSP SJOGPS[BUP t 7JUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

7FSEF

Y NN

'#5

8 &

.

/

7

'42

8 ( R

.

/

7

NBY - NN

*1

81

1FUBMP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 'JPSFO[P 7BMCPOFTJ %JFHP $IJMÛ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS VUJMJ[[P TV QBMP NN JO UFTUB P TV 1FUBMP 4ZTUFN $PMPSF /FSP (SJHJP NFUBMMJ[[BUP "OUSBDJUF

6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

$BSBUUFSJTUJDIF QFDVMJBSJ "QQBSFDDIJP $VU PGG &DPOPNJDJUË 0UUJDB BTJNNFUUSJDB QFS JMMVNJOB[JPOF QSFWBMFOUF MBUFSBMF 3JTQPOEFO[B BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t 0UUJDB JO UFDOPQPMJNFSP CJBODB t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF t 7JUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

"OUSBDJUF

/FSP

Y Y NN

'#5 8 &

(

4

/

NBY - NN

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP 82

*1

1FUBMP 4ZTUFN &TUFSOJ SFTJEFO[JBMJ

Y

1BMP JOUFSSBUP 4ZTUFN " "MUF[[B UPUBMF

"MUF[[B EB UFSSB

MVDF

MVDJ

MVDJ

MVDJ

NN

NN

4

4

4

4

NN

NN

4

4

4

4

1BMP nBOHJBUP 4ZTUFN # "MUF[[B UPUBMF

"MUF[[B EB UFSSB

MVDF

MVDJ

MVDJ

MVDJ

NN

NN

4

4

4

4

NN

NN

4

4

4

4

.POUBHHJP B QBSFUF %JNFOTJPOJ

MVDF

Y NN

4

$PNQPTJ[JPOF 1BMP DJMJOESJDP NNY NN QFS NPOUBHHJP JOUFSSBUP 4ZTUFN "

1BMP DJMJOESJDP NNY NN QFS NPOUBHHJP TV QMJOUP QBWJNFOUB[JPOF DPNQMFUP EJ nBOHJB F UJSBGPOEJ 4ZTUFN #

5FTUBQBMP B MVDJ DPNQMFUP EJ WJUFSJB EJ CSBDDJ F mTTBHHJP P JO WFSTJPOF B QBSFUF $PMPSF "OUSBDJUF 6UJMJ[[P 1FSDPSTJ QFEPOBMJ BSFF WFSEJ QSJWBUF

$BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP VN 6/* &/ WFSOJDJBUP B QPMWFSF t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP JO BDDJBJP [JODBUP B DBMEP VN 6/* &/ t 5FTUBQBMP DPNQMFUP EJ CSBDDJ JO BDDJBJP [JODBUP B DBMEP VN 6/* &/ WFSOJDJBUP B QPMWFSF t #SBDDJP UVCPMBSF NN JO BDDJBJP [JODBUP B DBMEP VN 6/* &/ WFSOJDJBUP B QPMWFSF t 7JUFSJB JO BDDJBJP JOPY

83

84

,JU 1FUBMP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 1 .POUBMUJ

1BMP nBOHJBUP "QQBSFDDIJP 1FUBMP DPNQMFUP EJ QBMP DJMJOESJDP NN F nBOHJB BDDFTTPSJP .JTUSBM JO EVF BMUF[[F NN 1BMP JOUFSSBUP "QQBSFDDIJP 1FUBMP DPNQMFUP EJ QBMP DJMJOESJDP NN JO USF BMUF[[F NN $PMPSF *OPY 6UJMJ[[P 1FSDPSTJ QFEPOBMJ BSFF WFSEJ QSJWBUF $BSBUUFSJTUJDIF QFDVMJBSJ "QQBSFDDIJP DVU PGG DPOGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP BUNPTGFSJDP &DPOPNJDJUË 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF QSFWBMFOUF MBUFSBMF 6OJGPSNJUË DPMPSF QBMP BQQBSFDDIJP $BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB JO UFDOPQPMJNFSP SJOGPS[BUP t 1BMP TFSJF 1BMJOPY DPO BOJNB JOUFSOB JO mCFSHMBTT F DPQFSUVSB SJWFTUJNFOUP JO MBNJOBUP EJ BMMVNJOJP t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t 0UUJDB JO UFDOPQPMJNFSP SJOGPS[BUP t %JGGVTPSF JO BDSJMJDP CJBODP t 7JUFSJB JO BDDJBJP JOPY 1BMP nBOHJBUP $PEJDF

"MUF[[B UPUBMF

1PUFO[B

NN

'#5 8 &

8

NN

'#5 8 &

8

1BMP JOUFSSBUP

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

$PEJDF

"MUF[[B UPUBMF

1PUFO[B

NN

'#5 8 &

8

NN

'#5 8 &

8

NN

'#5 8 &

8

NBY - NN

*1

85

86

%FWB &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 1 5PSDPMBDDJ

%FWB Ò VO TJTUFNB EJ JMMVNJOB[JPOF B QBSFUF BEBUUBCJMF BODIF B QBMP QFS FTUFSOJ FE JOUFSOJ .PMUP DPNQBUUP SFBMJ[[BUP JO QSFTTPGVTJPOF EJ BMMVNJOJP F WFUSP IB VOB EVQMJDF GVO[JPOF JMMVNJOBOUF F EFDPSBUJWB &NFUUF MVDF DPOUFNQPSBOFBNFOUF WFSTP M BMUP F WFSTP JM CBTTP "TTJDVSB VO BMUJTTJNB FGmDJFO[B MVNJOPTB FE VO JOTVQFSBCJMF FDPOPNJB E FTFSDJ[JP

TOPEP

DPSQP TVQFSJPSF

DBMPUUB EJ mTTBHHJP DPSQP JOGFSJPSF

DFSOJFSB

EJGGVTPSF BUUBDDP B QBMP

%FWB TFHOB QFS OPJ M JOJ[JP EJ VO OVPWP QFSDPSTP QSPHFUUVBMF F QSPEVUUJWP $PO %FWB JOGBUUJ BCCJBNP WPMVUP SFBMJ[[BSF VO QSPEPUUP DIF SJTQFUUBTTF J OVPWJ QBSBNFUSJ EFMMB RVBMJUË UPUBMF FE FTQSJNFTTF VO JOOPWBUJWB DPODF[JPOF FTUFUJDB F GVO[JPOBMF -F MJOFF FTTFO[JBMJ F NJOJNBM TJOVPTF FE BDDBUUJWBOUJ VOJUF BJ QBSUJDPMBSJ WPMVNJ EFMMB TUSVUUVSB GBOOP EJ %FWB VO TJTUFNB VOJDP F WFSTBUJMF VUJMJ[[BCJMF TJB JO JOUFSOJ TJB JO FTUFSOJ JO FEJmDJ QSJWBUJ P QVCCMJDJ *M QSPHFUUJTUB QVÛ DPTÖ DSFBSF VOP TUJMF VOJGPSNF FE PNPHFOFP JO TJUVB[JPOJ BSDIJUFUUPOJDIF OBUVSBMNFOUF EJWFSTF

-B WFSTJPOF QFS JOUFSOJ Ò EJTQPOJCJMF DPO EJGGVTPSF TJOHPMP P EPQQJP F TJ BSUJDPMB JO EVF QPTTJCJMJ BQQMJDB[JPOJ

t "QQMJRVF DPO TOPEP -B WFSTJPOF QFS FTUFSOJ Ò EJTQPOJCJMF DPO EJGGVTPSF TJOHPMP QFS VUJMJ[[P DPO QBMP QFSTPOBMJ[[BUP .BSFDP -VDF QFS VOB P EVF MVDJ PQQVSF DPO BEBUUBUPSF NN QFS VOB P EVF MVDJ QFS VUJMJ[[P TV QBMJ TUBOEBSE

87

88

%FWB T &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P EJSFUUP B QBSFUF NPOP FNJTTJPOF $PMPSF #JBODP (SJHJP NFUBMMJ[[BUP "OUSBDJUF

6UJMJ[[P "SFF HFOFSBMJ BMM JOUFSOP PE BMM FTUFSOP EJ FEJmDJ QVCCMJDJ F QSJWBUJ RVBMJ DFOUSJ DPNNFSDJBMJ TBMF DPOGFSFO[F SJTUPSBOUJ IBMM DIJFTF

%JNFOTJPOJ

Y NN

1PUFO[B

1FDVMJBSJUË &MFWBUP HSBEP EJ QSPUF[JPOF *1 DIF OF DPOTFOUF M VUJMJ[[P JO JOUFSOJ FE FTUFSOJ %JNFOTJPOF SJEPUUB "NQJF[[B HBNNB $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO BMMVNJOJP QSFTTPGVTP t %JGGVTPSF JO WFUSP TUBNQBUP FE BDJEBUP t 7JUFSJB JO BDDJBJP JOPY

#JBODP

(SJHJP NFU

"OUSBDJUF

'4%

Y 8

(

#

.

4

.%

8

3Y T

#

.

4

'4%

Y 8

(

#

.

4

.&

8

&

#

.

4

?

*1

%FWB E

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P EJSFUUP B QBSFUF CJ FNJTTJPOF $PMPSF #JBODP (SJHJP NFUBMMJ[[BUP "OUSBDJUF

$BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO BMMVNJOJP QSFTTPGVTP t %JGGVTPSF JO WFUSP TUBNQBUP FE BDJEBUP t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P "SFF HFOFSBMJ BMM JOUFSOP PE BMM FTUFSOP EJ FEJmDJ QVCCMJDJ F QSJWBUJ RVBMJ DFOUSJ DPNNFSDJBMJ TBMF DPOGFSFO[F SJTUPSBOUJ IBMM DIJFTF

1FDVMJBSJUË &MFWBUP HSBEP EJ QSPUF[JPOF *1 DIF OF DPOTFOUF M VUJMJ[[P JO JOUFSOJ FE FTUFSOJ %JNFOTJPOF SJEPUUB "NQJF[[B HBNNB

%JNFOTJPOJ

1PUFO[B

#JBODP

(SJHJP NFU

"OUSBDJUF

Y NN

'4%

Y 8

(

#

.

4

.%

8

3Y T

#

.

4

'4%

Y 8

(

#

.

4

.&

8

&

#

.

4

*1

89

90

%FWB T &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P EJSFUUP B QBSFUF NPOP FNJTTJPOF EPUBUP EJ TOPEP EJ SFHPMB[JPOF OFJ EVF BTTJ PSUPHPOBMJ $PMPSF #JBODP (SJHJP NFUBMMJ[[BUP "OUSBDJUF

$BSBUUFSJTUJDIF UFDOJDIF t 4OPEP JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP QSFTTPGVTP t %JGGVTPSF JO WFUSP TUBNQBUP FE BDJEBUP t 7JUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

#JBODP

(SJHJP NFU

"OUSBDJUF

Y NN

'4%

Y 8

(

#

.

4

.%

8

3Y T

#

.

4

'4%

Y 8

(

#

.

4

.&

8

&

#

.

4

ย ยก

ย ยก

6UJMJ[[P "SFF HFOFSBMJ BMM JOUFSOP PE BMM FTUFSOP EJ FEJmDJ QVCCMJDJ F QSJWBUJ RVBMJ DFOUSJ DPNNFSDJBMJ TBMF DPOGFSFO[F SJTUPSBOUJ IBMM DIJFTF

1FDVMJBSJUร 4OPEP EJ SFHPMB[JPOF OFJ EVF BTTJ PSUPHPOBMJ DIF DPOTFOUF VO JODMJOB[JPOF EJ ย ยก F VOB SPUB[JPOF EJ ย ยก QFS HFTUJPOF EFM nVTTP MVNJOPTP &MFWBUP HSBEP EJ QSPUF[JPOF *1 DIF OF DPOTFOUF M VUJMJ[[P JO JOUFSOJ FE FTUFSOJ %JNFOTJPOF SJEPUUB "NQJF[[B HBNNB

?

*1

%FWB E

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P EJSFUUP B QBSFUF CJ FNJTTJPOF EPUBUP EJ TOPEP EJ SFHPMB[JPOF OFJ EVF BTTJ PSUPHPOBMJ $PMPSF #JBODP (SJHJP NFUBMMJ[[BUP "OUSBDJUF

$BSBUUFSJTUJDIF UFDOJDIF t 4OPEP JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP QSFTTPGVTP t %JGGVTPSF JO WFUSP TUBNQBUP FE BDJEBUP t 7JUFSJB JO BDDJBJP JOPY

ย ยก

ย ยก

6UJMJ[[P "SFF HFOFSBMJ BMM JOUFSOP PE BMM FTUFSOP EJ FEJmDJ QVCCMJDJ F QSJWBUJ RVBMJ DFOUSJ DPNNFSDJBMJ TBMF DPOGFSFO[F SJTUPSBOUJ IBMM DIJFTF

1FDVMJBSJUร 4OPEP EJ SFHPMB[JPOF OFJ EVF BTTJ PSUPHPOBMJ DIF DPOTFOUF VO JODMJOB[JPOF EJ ย ยก F VOB SPUB[JPOF EJ ย ยก QFS HFTUJPOF EFM nVTTP MVNJOPTP -VDF EJSFUUB FE JOEJSFUUB CJ FNJTTJPOF &MFWBUP HSBEP EJ QSPUF[JPOF *1 DIF OF DPOTFOUF M VUJMJ[[P JO JOUFSOJ FE FTUFSOJ %JNFOTJPOF SJEPUUB "NQJF[[B HBNNB

%JNFOTJPOJ

1PUFO[B

#JBODP

(SJHJP NFU

"OUSBDJUF

Y NN

'4%

Y 8

(

#

.

4

.%

8

3Y T

#

.

4

'4%

Y 8

(

#

.

4

.&

8

&

#

.

4

*1

91

92

%FWB &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP TJOHPMP DPNQMFUP EJ BEBUUBUPSF QFS VUJMJ[[P TV QBMJ ย NN EPUBUP EJ TOPEP EJ SFHPMB[JPOF OFJ EVF BTTJ PSUPHPOBMJ $PMPSF #JBODP (SJHJP NFUBMMJ[[BUP "OUSBDJUF

ย ยก

$BSBUUFSJTUJDIF UFDOJDIF t "EBUUBUPSF UFTUBQBMP JO GVTJPOF EJ BMMVNJOJP t 4OPEP JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP QSFTTPGVTP t %JGGVTPSF JO WFUSP TUBNQBUP FE BDJEBUP t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF

1FDVMJBSJUร 4OPEP EJ SFHPMB[JPOF OFJ EVF BTTJ PSUPHPOBMJ DIF DPOTFOUF VO JODMJOB[JPOF EJ ย ยก F VOB SPUB[JPOF EJ ย ยก QFS HFTUJPOF EFM nVTTP MVNJOPTP &MFWBUP HSBEP EJ QSPUF[JPOF *1 6UJMJ[[P TV QBMJ ย NN

%JNFOTJPOJ

1PUFO[B

#JBODP

(SJHJP NFU

"OUSBDJUF

Y NN

'4%

Y 8

(

#

.

4

.%

8

3Y T

#

.

4

'4%

Y 8

(

#

.

4

.&

8

&

#

.

4

ย

ย ยก ?

*1

%FWB

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP B MVDJ DPNQMFUP EJ BEBUUBUPSF QFS VUJMJ[[P TV QBMJ ย NN EPUBUP EJ TOPEP EJ SFHPMB[JPOF OFJ EVF BTTJ PSUPHPOBMJ $PMPSF #JBODP (SJHJP NFUBMMJ[[BUP "OUSBDJUF

ย ยก

$BSBUUFSJTUJDIF UFDOJDIF t "EBUUBUPSF UFTUBQBMP JO GVTJPOF EJ BMMVNJOJP t 4OPEP JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP QSFTTPGVTP t %JGGVTPSF JO WFUSP TUBNQBUP FE BDJEBUP t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF

1FDVMJBSJUร 4OPEP EJ SFHPMB[JPOF OFJ EVF BTTJ PSUPHPOBMJ DIF DPOTFOUF VO JODMJOB[JPOF EJ ย ยก F VOB SPUB[JPOF EJ ย ยก QFS HFTUJPOF EFM nVTTP MVNJOPTP &MFWBUP HSBEP EJ QSPUF[JPOF *1 6UJMJ[[P TV QBMJ ย NN

ย

%JNFOTJPOJ

1PUFO[B

#JBODP

(SJHJP NFU

"OUSBDJUF

Y NN

'4%

Y Y 8

(

#

.

4

.%

Y 8

3Y T

#

.

4

'4%

Y Y 8

(

#

.

4

.&

Y 8

&

#

.

4

ย ยก

?

*1

93

%FWB &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP TJOHPMP DPNQMFUP EJ QBMP JO EVF BMUF[[F NN P NN EPUBUP EJ TOPEP EJ SFHPMB[JPOF OFJ EVF BTTJ PSUPHPOBMJ $PMPSF #JBODP (SJHJP NFUBMMJ[[BUP "OUSBDJUF 6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF

%JNFOTJPOJ Y NN

Y NN

?

94

1PUFO[B

1FDVMJBSJUร 4OPEP EJ SFHPMB[JPOF OFJ EVF BTTJ PSUPHPOBMJ DIF DPOTFOUF VO JODMJOB[JPOF EJ ย ยก F VOB SPUB[JPOF EJ ย ยก QFS HFTUJPOF EFM nVTTP MVNJOPTP &MFWBUP HSBEP EJ QSPUF[JPOF *1

1BMP QFSTPOBMJ[[BUP $BSBUUFSJTUJDIF UFDOJDIF t 1BMP ย NN JO BDDJBJP [JODBUP B DBMEP 6/* &/

t $POP EJ DPQFSUVSB CBTF QBMP JO BMMVNJOJP t 4OPEP JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP QSFTTPGVTP t %JGGVTPSF JO WFUSP TUBNQBUP FE BDJEBUP t 7JUFSJB JO BDDJBJP JOPY

#JBODP

(SJHJP NFU

"OUSBDJUF

'4%

Y 8

(

#

.

4

.%

8

3Y T

#

.

4

'4%

Y 8

(

#

.

4

.&

8

&

#

.

4

'4%

Y 8

(

#

.

4

.%

8

3Y T

#

.

4

'4%

Y 8

(

#

.

4

.&

8

&

#

.

4

*1

%FWB &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP B MVDJ DPNQMFUP EJ QBMP JO EVF BMUF[[F NN P NN EPUBUP EJ TOPEP EJ SFHPMB[JPOF OFJ EVF BTTJ PSUPHPOBMJ $PMPSF #JBODP (SJHJP NFUBMMJ[[BUP "OUSBDJUF 6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF

%JNFOTJPOJ Y NN

Y NN

?

1PUFO[B

1FDVMJBSJUร 4OPEP EJ SFHPMB[JPOF OFJ EVF BTTJ PSUPHPOBMJ DIF DPOTFOUF VO JODMJOB[JPOF EJ ย ยก F VOB SPUB[JPOF EJ ย ยก QFS HFTUJPOF EFM nVTTP MVNJOPTP &MFWBUP HSBEP EJ QSPUF[JPOF *1

1BMP QFSTPOBMJ[[BUP $BSBUUFSJTUJDIF UFDOJDIF t 1BMP ย NN JO BDDJBJP [JODBUP B DBMEP 6/* &/

t $POP EJ DPQFSUVSB CBTF QBMP JO BMMVNJOJP t 4OPEP JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP QSFTTPGVTP t %JGGVTPSF JO WFUSP TUBNQBUP FE BDJEBUP t 7JUFSJB JO BDDJBJP JOPY

#JBODP

(SJHJP NFU

"OUSBDJUF

'4%

Y Y 8

(

#

.

4

.%

Y 8

3Y T

#

.

4

'4%

Y Y 8

(

#

.

4

.&

Y 8

&

#

.

4

'4%

Y Y 8

(

#

.

4

.%

Y 8

3Y T

#

.

4

'4%

Y Y 8

(

#

.

4

.&

Y 8

&

#

.

4

*1

95

:PSL &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP QFS NPOUBHHJP EJSFUUP B QBSFUF P USBNJUF BEBUUBUPSF MVDF DPEJDF 4 P MVDJ DPEJDF 4 TV QBMJ NN $PMPSF "OUSBDJUF 6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF

$BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO QPMJDBSCPOBUP t 3JnFUUPSF JO BMMVNJOJP BOPEJ[[BUP BE BMUP SFOEJNFOUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP CJBODP t 7JUFSJB JO BDDJBJP JOPY

1FDVMJBSJUË &MFWBUP HSBEP EJ QSPUF[JPOF *1

7FSTBUJMJUË EJ VUJMJ[[P

%JNFOTJPOJ

1PUFO[B

$PMPSF

$PEJDF

Y Y NN

'#5

8 &

"OUSBDJUF

4

'42

Y 8 ( E

"OUSBDJUF

4

2&

8 &

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

45 4&

8 &

"OUSBDJUF

4

45 4&

8 &

"OUSBDJUF

4

NBY - NN

*1

96

:PSL TZTUFN &TUFSOJ SFTJEFO[JBMJ

"DDFTTPSJP QFS FTUFSOJ "EBUUBUPSF MVDF P MVDJ QFS VUJMJ[[P TV QBMJ NN $PMPSF "OUSBDJUF

1FDVMJBSJUË 7FSTBUJMJUË $BSBUUFSJTUJDIF UFDOJDIF t 1SPmMP JO BDDJBJP [JODBUP B DBMEP N 6/* &/ F WFSOJDJBUP t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P "QQMJDBCJMF TV QBMJ NN

%JNFOTJPOJ

MVDF

MVDJ

Y NN

4

Y NN

4

97

98

#FMM 5FTUBQBMP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DPNQMFUP EJ BEBUUBUPSF UFTUBQBMP QFS VUJMJ[[P TV QBMJ NN $PMPSF /FSP 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF 1FDVMJBSJUË 1PTTJCJMJUË EJ VUJMJ[[P BODIF TV QBMJ QSF FTJTUFOUJ NN 3FTUZMJOH JO DIJBWF NPEFSOB EFMMB MJOFB DBNQBOB DMBTTJDB &DPOPNJDJUË

$BSBUUFSJTUJDIF UFDOJDIF t "EBUUBUPSF JO GVTJPOF EJ BMMVNJOJP F UVCPMBSF NN JO BDDJBJP [JODBUP B DBMEP 6/* &/

t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t 3JnFUUPSF JO UFDOPQPMJNFSP SFTJTUFOUF BMMF BMUF UFNQFSBUVSF t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF TBUJOBUP t 7JUFSJB JO BDDJBJP JOPY

1PUFO[B

$PMPSF

$PEJDF

'#5 8 &

/FSP

/

'42

/FSP

/

8 ( E

NBY - NN

#FMM 1BSFUF

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DPNQMFUP EJ CSBDDJP QFS NPOUBHHJP B QBSFUF $PMPSF /FSP 6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF 1FDVMJBSJUË 3FTUZMJOH JO DIJBWF NPEFSOB EFMMB MJOFB DBNQBOB DMBTTJDB &DPOPNJDJUË

$BSBUUFSJTUJDIF UFDOJDIF t "EBUUBUPSF JO GVTJPOF EJ BMMVNJOJP F UVCPMBSF NN JO BDDJBJP [JODBUP B DBMEP 6/* &/

t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t 3JnFUUPSF JO UFDOPQPMJNFSP SFTJTUFOUF BMMF BMUF UFNQFSBUVSF t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF TBUJOBUP t 7JUFSJB JO BDDJBJP JOPY

1PUFO[B

$PMPSF

$PEJDF

'#5 8 &

/FSP

/

'42

/FSP

/

8 ( E

NBY - NN

*1

99

#FMM &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV DPNQPTJ[JPOF

$PMPSF /FSP

6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF "DDFTTPSJ $PNQPTJ[JPOJ #FMM 4ZTUFN

$BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t 3JnFUUPSF JO UFDOPQPMJNFSP SFTJTUFOUF BMMF BMUF UFNQFSBUVSF t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF TBUJOBUP t 7JUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

$PMPSF

Y NN

'#5 8 &

/FSP

/

'42

/FSP

/

NBY - NN

*1

100

1FDVMJBSJUË 3FTUZMJOH JO DIJBWF NPEFSOB EFMMB MJOFB DBNQBOB DMBTTJDB &DPOPNJDJUË

8 ( E

$PEJDF

#FMM 4ZTUFN &TUFSOJ SFTJEFO[JBMJ

1BMP JOUFSSBUP TZTUFN " %JBNFUSP

"MUF[[B UPUBMF

"MUF[[B EB UFSSB

ย NN

NN

NN

MVDF

MVDJ

MVDJ

3#/

3#/

3#/

1BMP DPO nBOHJB TZTUFN # %JBNFUSP

'MBOHJB

"MUF[[B UPUBMF

"MUF[[B EB UFSSB

ย NN

Y NN

NN

NN

MVDF

MVDJ

MVDJ

3#/

3#/

3#/

ย

ย

ย

ย

Y ย

ย

$PMPSF /FSP

ยก

$PNQPTJ[JPOF 1BMP DJMJOESJDP ย Y NN QFS NPOUBHHJP JOUFSSBUP 4ZTUFN "

1BMP DJMJOESJDP ย Y NN QFS NPOUBHHJP TV QMJOUP QBWJNFOUB[JPOF DPNQMFUP EJ nBOHJB F UJSBGPOEJ 4ZTUFN # #SBDDJP DPNQMFUP EJ WJUFSJB

ยก

ย

$BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP 6/* &/

t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP JO BDDJBJP [JODBUP B DBMEP 6/* &/

t #SBDDJP UVCPMBSF ย NN JO BDDJBJP [JODBUP B DBMEP 6/* &/

t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF

4ZTUFN "

4ZTUFN #

101

102

'JFTUB &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV DPNQPTJ[JPOF 'JFTUB 4ZTUFN $PMPSF /FSP

6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF

1FDVMJBSJUË 3FTUZMJOH JO DIJBWF NPEFSOB EFMMB MJOFB DBNQBOB DMBTTJDB 3JTQPOEFO[B BMMF OPSNBUJWF DPOUSP M JORVJOBNFOUP MVNJOPTP &DPOPNJDJUË $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFSNPJOEVSFOUF t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF TBUJOBUP t 7JUFSJB JO BDDJBJP JOPY

"DDFTTPSJ $PNQPTJ[JPOJ 'JFTUB 4ZTUFN

%JNFOTJPOJ

1PUFO[B

$PMPSF

$PEJDF

Y NN

'#5

8 &

/FSP

/

2&

8 &

/FSP

/

.5 .&

8 &

/FSP

/

4&

8 &

/FSP

/

45 4&

8 &

/FSP

/

NBY - NN

*1

103

'JFTUB 4ZTUFN

NPOUBHHJP B QBMP JOUFSSBUP

&TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

$PNQPTJ[JPOF NPOUBHHJP JOUFSSBUP TZTUFN "

1BMP QBTUPSBMF Y NN .POUBHHJP SPWFTDJBUP DPO WJUFSJB EJ DPOOFTTJPOF QFS mTTBHHJP CSBDDJ P JO WFSTJPOF B QBSFUF

$BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP 6/* &/ t 5JSBGPOEJ . Y DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP JO BDDJBJP [JODBUP B DBMEP 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t 1BTUPSBMF JO BDDJBJP [JODBUP B DBMEP 6/* &/

NN WFSTJPOF B MVDF

t 1BTUPSBMF JO BDDJBJP [JODBUP B DBMEP 6/* &/

NN WFSTJPOF B MVDJ t 7JUFSJB JO BDDJBJP JOPY

$PNQPTJ[JPOF NPOUBHHJP TV QMJOUP P QBWJNFOUB[JPOF TZTUFN #

1BMP QBTUPSBMF Y NN DPNQMFUP EJ nBOHJB F UJSBGPOEJ .POUBHHJP SPWFTDJBUP DPO WJUFSJB EJ DPOOFTTJPOF QFS mTTBHHJP CSBDDJ P JO WFSTJPOF B QBSFUF $PMPSF /FSP 6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF

Y

4ZTUFN "

104

NPOUBHHJP B QBMP nBOHJBUP

'JFTUB 4ZTUFN &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

1BMP JOUFSSBUP TZTUFN " %JBNFUSP

"MUF[[B UPUBMF

"MUF[[B EB UFSSB

NN

NN

NN

MVDF

MVDJ

/

/

1BMP DPO nBOHJB TZTUFN # %JBNFUSP

'MBOHJB

"MUF[[B UPUBMF

"MUF[[B EB UFSSB

NN

Y NN

NN

NN

MVDF

MVDJ

'/

'/

#SBDDJP B QBSFUF %JNFOTJPOJ

$PEJDF

Y NN

/

4ZTUFN #

105

106

/FYVT &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS % #BSUPMJOJ

ย

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ 1SPJFUUPSF DJMJOESJDP QFS mTTBHHJP EJSFUUP B QBSFUF TPGmUUP

$PMPSF (SJHJP NFUBMMJ[[BUP /FSP

"MJNFOUBUPSF SFNPUP OPO JODMVTP

ย

$BSBUUFSJTUJDIF UFDOJDIF t #BTBNFOUP JO GVTJPOF EJ BMMVNJOJP t $PSQP JO BMMVNJOJP QSFTTPGVTP F BOPEJ[[BUP t 0UUJDB B SFHPMB[JPOF EJ nVTTP MVNJOPTP EB ยก B ยก DPO MBNQBEB UFDOPMPHJB QPXFSCBMM t 1SFTTBDBWP NFUBMMJDP 1( Y QFS DBWP EB ย NN B ย NN t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF TQFTTPSF NN t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1BSUJDPMBSNFOUF JOEJDBUP QFS JMMVNJOB[JPOF E BDDFOUP BSFF WFSEJ QSJWBUF F QVCCMJDIF

1FDVMJBSJUร 3FHPMB[JPOF BOHPMP EJ BQFSUVSB EFM nVTTP MVNJOPTP BE BQQBSFDDIJP GVO[JPOBOUF 0SJFOUBCJMF TV BTTJ DBSUFTJBOJ &MFWBUP HSBEP EJ QSPUF[JPOF *1

"MJNFOUBUPSF JODPSQPSBUP %JNFOTJPOJ

BMJNFOUBUPSF JODPSQPSBUP

1PUFO[B

Y NN

Y NN

.5

8 (

.

.5

8 (

.

.5

8 (

.

. ยก

.5 NBY 8 (

*1

BMJNFOUBUPSF SFNPUP OPO JODMVTP

ยก 107

108

"RVBSJVT &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS % .PSTF

"QQBSFDDIJP QFS FTUFSOJ P TVCBDRVFP 1SPJFUUPSF DJSDPMBSF EB FTUFSOJ P TVCBDRVFP QFS mTTBHHJP EJSFUUP DPO TUBGGB

$PMPSF *OPY #JBODP 6UJMJ[[P 1JTDJOF F GPOUBOF GSVJCJMJ QBSUJDPMBSNFOUF JOEJDBUB QFS JMMVNJOB[JPOF E BDDFOUP

1FDVMJBSJUË 6UJMJ[[BCJMF JO BNCJFOUJ TVCBDRVFJ GSVJCJMJ BM QVCCMJDP (SBEP EJ QSPUF[JPOF TQFDJmDP QFS JNNFSTJPOF mOP B NU *1

1PUFO[B 8 TPMP JO JNNFSTJPOF $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO SFTJOB UFSNPJOEVSFOUF t 0UUJDB BE BMUP SFOEJNFOUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF TQFTTPSF NN t $PSOJDF JO BDDJBJP *OPY "*4* t $BWP Y NNR ) 3/ ' NU t 4UBGGB JO BDDJBJP JOPY "*4* - t 7JUFSJB JO BDDJBJP JOPY t "MJNFOUB[JPOF JO CBTTB UFOTJPOF 7 USBTGPSNBUPSF SFNPUP FTDMVTP

t -BNQBEB JODMVTB

%JNFOTJPOJ

1PUFO[B

Y NN

)4(

8

7 (Z

)4(

8

7 (Z

*1

$PEJDF

$3

$3

1PUFO[B 8 TPMP JO JNNFSTJPOF

109

110

"SSPX nVP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS % #BSUPMJOJ

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ 1SPJFUUPSF DJSDPMBSF QFS NPOUBHHJP B QBSFUF P EJSFUUP B UFSSFOP USBNJUF BDDFTTPSJP QJDDIFUUP

$PMPSF *OPY /FSP 6UJMJ[[P "SFF WFSEJ F QPSUJDBUJ

"DDFTTPSJ 1JDDIFUUP JO BDDJBJP [JODBUP B DBMEP 6/* &/ B SJDIJFTUB DPEJDF $)

1FDVMJBSJUË 6UJMJ[[BCJMF B DJFMP BQFSUP QFS BMUP HSBEP EJ QSPUF[JPOF *1

3JTQBSNJP FOFSHFUJDP %VSBUB MBNQBEB PSF %JNFOTJPOJ DPNQBUUF 6UJMJ[[BSF DBWP JO OFPQSFOF $BSBUUFSJTUJDIF UFDOJDIF t 4UBGGB B QBSFUF JO BDDJBJP [JODBUP B DBMEP t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t -BNQBEB nVPSFTDFOUF DPNQBUUB 8 BUUBDDP (9 t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF TQFTTPSF NN t $PSOJDF JO BDDJBJP JOPY "*4* t 1SFTTBDBWP 1( QFS DBWP EB NN B NN t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB

%JNFOTJPOJ

1PUFO[B

$PEJDF

Y NN

$'- 8 (Y $8 MVDF GSFEEB

$)

$'- 8 (Y 88 MVDF DBMEB

$)

"DDFTTPSJ %FTDSJ[JPOF

$PEJDF

1JDDIFUUP

$)

*1

111

112

;BQ &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMP NN JO UFTUB

1FDVMJBSJUË &DPOPNJDJUË

$PMPSF (SJHJP /FSP

$BSBUUFSJTUJDIF UFDOJDIF t #BTF JO UFDOPQPMJNFSP SJOGPS[BUP t %JGGVTPSF JO BDSJMJDP CJBODP t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

%JNFOTJPOJ

1PUFO[B

(SJHJP

/FSP

Y NN

'#5 8 &

.

#

'4%

.

#

8 (

NBY - NN

*1

113

114

.FUSÛ &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS NPOUBHHJP EJSFUUP B QBSFUF P TV QBMP NN USBNJUF BDDFTTPSJP $PNFU

$PMPSF (SJHJP NFUBMMJ[[BUP /FSP 6UJMJ[[P 1BSFUJ QFSJNFUSBMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

1FDVMJBSJUË &DPOPNJDJUË 7FSTBUJMJUË &MFWBUP HSBEP EJ QSPUF[JPOF *1

$BSBUUFSJTUJDIF UFDOJDIF t 4UBGGB EJ mTTBHHJP JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t 3JnFUUPSF JO BMMVNJOJP t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF TBUJOBUP P CJBODP t 7JUFSJB JO BDDJBJP JOPY

.FUSÛ EJGGVTPSF CJBODP

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

Y NN

'#5 8 &

.

/

.FUSÛ EJGGVTPSF USBTQBSFOUF TBUJOBUP %JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

Y NN

'#5 8 &

.

/

/ QBH

NBY - NN

"DDFTTPSJP QFS NPOUBHHJP B QBMP $PNFU

*1

115

5BOHP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS NPOUBHHJP EJSFUUP B QBSFUF TV QBMP NN USBNJUF BDDFTTPSJP $0.&5

$PMPSF (SJHJP NFUBMMJ[[BUP /FSP 6UJMJ[[P 1BSFUJ QFSJNFUSBMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

1FDVMJBSJUË &DPOPNJDJUË 7FSTBUJMJUË &MFWBUP HSBEP EJ QSPUF[JPOF *1

$BSBUUFSJTUJDIF UFDOJDIF t 4UBGGB EJ mTTBHHJP JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t 3JnFUUPSF JO BMMVNJOJP t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF TBUJOBUP P CJBODP t 7JUFSJB JO BDDJBJP JOPY

5BOHP EJGGVTPSF CJBODP

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

Y NN

'#5

.

/

8 &

5BOHP EJGGVTPSF USBTQBSFOUF TBUJOBUP %JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

Y NN

'#5

.

/

/ QBH

8 &

NBY - NN

"DDFTTPSJP QFS NPOUBHHJP B QBMP $PNFU

*1

116

0CMร &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS NPOUBHHJP EJSFUUP B QBSFUF TV QBMP ย NN USBNJUF BDDFTTPSJP $0.&5

$PMPSF (SJHJP NFUBMMJ[[BUP /FSP 6UJMJ[[P 1BSFUJ QFSJNFUSBMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

1FDVMJBSJUร &DPOPNJDJUร 7FSTBUJMJUร &MFWBUP HSBEP EJ QSPUF[JPOF *1

$BSBUUFSJTUJDIF UFDOJDIF t 4UBGGB EJ mTTBHHJP JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t 3JnFUUPSF JO QPMJDBSCPOBUP CJBODP WFSTJPOJ '4%

t 3JnFUUPSF JO BMMVNJOJP WFSTJPOF '$

t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF QSJTNBUJ[[BUP JOUFSOBNFOUF t 7JUFSJB JO BDDJBJP JOPY

ย

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

/FSP

Y NN

'4%

Y 8 ( ยก

.

/

'$

8 ( R

.

/

/ QBH

"DDFTTPSJP QFS NPOUBHHJP B QBMP ย $PNFU

*1

ยก 117

/BTIJ 'PSNF

118

/BTIJ &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS % $IJMÛ 5 4BOP

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMP NN JO UFTUB

$PMPSF /FSP #JBODP

6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

1FDVMJBSJUË &DPOPNJDJUË 3FJOUFSQSFUB[JPOF JO DIJBWF NPEFSOB EFMMB MJOFB TGFSJDB 'BDJMJUË EJ JOTUBMMB[JPOF "MJNFOUB[JPOF FMFUUSPOJDB $BSBUUFSJTUJDIF UFDOJDIF t #BTF JO UFDOPQPMJNFSP SJOGPS[BUP t $POP EJ DPQFSUVSB DBCMBHHJP JO UFDOPQPMJNFSP SJOGPS[BUP t %JGGVTPSF JO BDSJMJDP CJBODP t "MJNFOUB[JPOF FMFUUSPOJDB TV WFSTJPOF '42 t 7JUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

Y NN

'#5

8 &

#JBODP #

'42

8 (Y R

4#

NBY - NN

*1

119

120

8BMM &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS NPOUBHHJP EJSFUUP TV NVSJ QFSJNFUSBMJ QBWJNFOUB[JPOJ DPNQMFUP EJ EJGGVTPSF TGFSJDP NN P NN

$PMPSF /FSP #JBODP /FSP 'VNÏ /FSP 5SBTQBSFOUF

1FDVMJBSJUË &DPOPNJDJUË 4QFDJmDJUË EJ VUJMJ[[P $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t %JGGVTPSF TGFSJDP JO BDSJMJDP CJBODP USBTQBSFOUF P GVNÏ t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P .VSJ QFSJNFUSBMJ DPMPOOF QBWJNFOUB[JPOJ

%JNFOTJPOJ

1PUFO[B

#JBODP

'VNÏ

5SBTQBSFOUF

NN

'#5 8 &

#

'

5

NN

'#5 8 &

#

'

5

NBY - NN

NBY - NN

*1

121

122

.JOJ &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS -VJHJ .POEBSEJOJ

ย

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS NPOUBHHJP EJSFUUP TV NVSJ QFSJNFUSBMJ QBWJNFOUB[JPOJ

$BSBUUFSJTUJDIF QFDVMJBSJ &DPOPNJDJUร 4QFDJmDJUร EJ VUJMJ[[P

$PMPSF (SJHJP NFUBMMJ[[BUP /FSP

$BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t %JGGVTPSF JO QPMJDBSCPOBUP USBTQBSFOUF QSJTNBUJ[[BUP JOUFSOBNFOUF t 'SBOHJMVDF JO UFDOPQPMJNFSP SJOGPS[BUP t 7JUFSJB JO BDDJBJP JOPY

ยก

6UJMJ[[P .VSJ QFSJNFUSBMJ DPMPOOF QBWJNFOUB[JPOJ

ย

ย

%JNFOTJPOJ

1PUFO[B

ย Y NN

'#5 8

&

(SJHJP NFU

/FSP

(

/

NBY ย - NN

*1

123

124

4QJLF DPNCP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS FTUFSOJ 1JDDIFUUP QFS mTTBHHJP EJSFUUP B UFSSFOP EPUBUP EJ DBWP F TQJOB DPNQMFUP EJ EJGGVTPSF TGFSJDP NN

1FDVMJBSJUË &DPOPNJDJUË 1SBUJDJUË 7FSTBUJMJUË

$PMPSF /FSP #JBODP /FSP 'VNÏ /FSP 5SBTQBSFOUF

$BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t $BWP Y NNR ) 3/ ' NU DPO TQJOB 6/&- QPMJ t %JGGVTPSF TGFSJDP CJBODP USBTQBSFOUF GVNÏ t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P "SFF WFSEJ QSJWBUF

%JNFOTJPOJ

1PUFO[B

#JBODP

'VNÏ

5SBTQBSFOUF

NBY - NN

NN

'#5

8 &

#

'

5

NBY - NN

NN

'#5

8 &

#

'

5

NBY - NN

NN

'#5

8 &

#

'

5

NBY - NN

NN

'#5 8 &

#

'

5

NBY - NN

NN

'#5 8 &

#

'

5

NBY - NN

NN

'#5 8 &

#

'

5

*1

125

"SWP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 3 .BSFUUJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS NPOUBHHJP EJSFUUP B QBSFUF DPNQMFUP EJ EJGGVTPSF TGFSJDP NN NN

1FDVMJBSJUË 1PTTJCJMJUË EJ NPOUBHHJP QFSQFOEJDPMBSF P JODMJOBUP 1PTTJCJMJUË EJ NPOUBHHJP EJSJUUP P SPWFTDJBUP $IJVTVSB B CBJPOFUUB

$PMPSF /FSP #JBODP /FSP 'VNÏ /FSP 5SBTQBSFOUF

$BSBUUFSJTUJDIF UFDOJDIF t #SBDDJP JO UFSNPJOEVSFOUF t %JGGVTPSF TGFSJDP JO BDSJMJDP CJBODP USBTQBSFOUF P GVNÏ t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1BSFUJ QFSJNFUSBMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

%JNFOTJPOJ

1PUFO[B

#JBODP

'VNÏ

5SBTQBSFOUF

NN

'#5 8 &

#

'

5

NN

'#5 8 &

#

'

5

NBY - NN

NBY - NN

*1

126

BQQMJRVF B QBSFUF P TPGmUUP

/BEJS &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS -VJHJ .POEBSEJOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P B QBSFUF P TPGmUUP DPNQMFUP EJ EJGGVTPSF TGFSJDP NN P NN $PMPSF /FSP #JBODP /FSP 'VNÏ /FSP 5SBTQBSFOUF

$BSBUUFSJTUJDIF QFDVMJBSJ &DPOPNJDJUË $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t %JGGVTPSF TGFSJDP JO BDSJMJDP CJBODP USBTQBSFOUF P GVNÏ t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1BSFUF P TPGmUUP

%JNFOTJPOJ

1PUFO[B

#JBODP

'VNÏ

5SBTQBSFOUF

NN

'#5 8 &

#

'

5

NN

'#5 8 &

#

'

5

NBY - NN

NBY - NN

TPGmUUP *1

QBSFUF *1

127

5PMFEP &TUFSOJ SFTJEFO[JBMJ

128

5PMFEP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMP NN JO UFTUB

1FDVMJBSJUË &DPOPNJDJUË 3FTJTUFO[B UPUBMF JO BNCJFOUJ TBMJOJ

$PMPSF #JBODP 'VNÏ

$BSBUUFSJTUJDIF UFDOJDIF t #BTF JO QPMJDBSCPOBUP 6UJMJ[[P t %JGGVTPSF JO BDSJMJDP CJBODP GVNÏ 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ t 'SBOHJMVDF JO BDSJMJDP QSJTNBUJ[[BUP BSFF WFSEJ QSJWBUF F QVCCMJDIF WFSTJPOF DPO GSBOHJMVDF

t $BQQFMMP JO UFDOPQPMJNFSP SJOGPS[BUP t 7JUFSJB JO BDDJBJP JOPY

5PMFEP %JNFOTJPOJ

1PUFO[B

#JBODP

'VNÏ

Y NN

'#5

8 &

#

'

.5 .&

8 &

#

'

4&

8 &

#

'

45 4&

8 &

#

'

5PMFEP DPO GSBOHJMVDF Y NN

'#5

8 &

'

.5 .&

8 &

'

4&

8 &

'

45 4&

8 &

'

NBY - NN

*1

129

7JHP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 3 .BSFUUJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMP NN JO UFTUB

1FDVMJBSJUË &DPOPNJDJUË

$PMPSF (SJHJP NFUBMMJ[[BUP 7FSEF

$BSBUUFSJTUJDIF UFDOJDIF t #BTF JO UFSNPJOEVSFOUF t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF QSJTNBUJ[[BUP t $BQQFMMP JO UFSNPJOEVSFOUF t 5FSNJOBMF EJ DIJVTVSB JO BDDJBJP USPQJDBMJ[[BUP t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1FSDPSTJ QFEPOBMJ WJBMFUUJ BSFF WFSEJ QSJWBUF

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

7FSEF

Y NN

'#5 8 &

.

7

NBY - NN

*1

130

0TMP &TUFSOJ SFTJEFO[JBMJ

%FTJHOFS 3 .BSFUUJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMP NN JO UFTUB

1FDVMJBSJUË &DPOPNJDJUË

$PMPSF (SJHJP NFUBMMJ[[BUP 7FSEF

$BSBUUFSJTUJDIF UFDOJDIF t #BTF JO UFSNPJOEVSFOUF t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF QSJTNBUJ[[BUP t $BQQFMMP JO UFSNPJOEVSFOUF t 5FSNJOBMF EJ DIJVTVSB JO BDDJBJP USPQJDBMJ[[BUP t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF

%JNFOTJPOJ

1PUFO[B

(SJHJP NFU

7FSEF

Y NN

'#5 8 &

.

7

2&

.

7

8 &

NBY - NN

*1

131

132

"QQBSFDDIJ EB JODBTTP 3FDFTTFE MJHIU mUUJOHT

133

134

-JSB "QQBSFDDIJ EB JODBTTP

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Ë EFJ NBUFSJBMJ JNQJFHBUJ $POUSPDBTTB JO UFDOPQPMJNFSP $PSQP JO BMMVNJOJP QSFTTPGVTP 7FUSP B GPSUF TQFTTPSF $PSOJDF JO BDDJBJP JOPY "*4* (MJ JODBTTJ EJNPTUSBOP RVBOUP OPO TJB OFDFTTBSJP FTTFSF JOHPNCSBOUJ QFS DSFBSF VOB HSBOEF iSFHJBw MVNJOPTB

135

136

137

-JSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS % #BSUPMJOJ

5POEP

2VBESP

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP DPO DPSOJDF UPOEB -JSB 5POEP F DPO DPSOJDF RVBESB -JSB 2VBESP

BE JODBTTP QBSFUF QBWJNFOUP DBSSBCJMF DBMQFTUBCJMF DPO DPOUSPDBTTB PCCMJHBUPSJB P DPOUSPTPGmUUP DPO NPMMF EJ mTTBHHJP $PMPSF *OPY 6UJMJ[[P 1FSDPSTJ QFEPOBMJ BSFF WFSEJ QPSUJDBUJ QBSUJDPMBSNFOUF JOEJDBUB QFS JMMVNJOB[JPOF E BDDFOUP

ย ยก

1FDVMJBSJUร 6UJMJ[[BCJMF B DJFMP BQFSUP QFS BMUP HSBEP EJ QSPUF[JPOF *1

%JNFOTJPOJ DPNQBUUF 0SJFOUBCJMF JO WBSJF EJSF[JPOJ $BSSBCJMJUร %VF EJWFSTF NPEBMJUร EJ JOTUBMMB[JPOF mTTBHHJP DPO VUJMJ[[P EJ DPOUSPDBTTB F mTTBHHJP DPO BQQPTJUF NPMMF $IJTVSB JOGFSJPSF F TVQFSJPSF EFMMB DPOUSPDBTTB QFS BHFWPMBSF MB DFNFOUB[JPOF $BSBUUFSJTUJDIF UFDOJDIF BQQBSFDDIJP t $POUSPDBTTB JO UFDOPQPMJNFSP t $PSQP JO QSFTTPGVTJPOF EJ BMMVNJOJP BOPEJ[[BUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF TQFTTPSF NN t (SVQQP PUUJDP CBTDVMBCJMF EJ ย ยก t $PSOJDF JO BDDJBJP JOPY "*4* t $BSSBCJMJUร ,H BMMB WFMPDJUร NBTTJNB EJ ,N I t 7JUFSJB JO BDDJBJP JOPY

*1

138

-JSB 5POEP "QQBSFDDIJ EB JODBTTP

%FTJHOFS % #BSUPMJOJ

$POmHVSB[JPOF QFS JOTUBMMB[JPOF

$POmHVSB[JPOF QFS JOTUBMMB[JPOF

DPO DPOUSPDBTTB PCCMJHBUPSJB

B DPOUSPTPGmUUP $POmHVSB[JPOF QFS JOTUBMMB[JPOF DPO DPOUSPDBTTB PCCMJHBUPSJB

NJO NBY

%JNFOTJPOJ

1PUFO[B

Y NN

.3 NBY 8 (6 7BD

$PEJDF

8

"DDFTTPSJP PCCMJHBUPSJP

$PEJDF

$POUSPDBTTB Y NN

"DDFTTPSJ

$PEJDF

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

"MJNFOUBUPSF FMFUUSPOJDP 7BD 8

$4

$PEJDF

.PSTFUUJFSB MJOFBSF *1

$POmHVSB[JPOF QFS JOTUBMMB[JPOF B DPOUSPTPGmUUP

'PSP EB QSBUJDBSF

%JNFOTJPOJ

1PUFO[B

Y NN

.3 NBY 8 (6 7BD

"DDFTTPSJ

.PSTFUUJFSB MJOFBSF *1

8

$PEJDF

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

"MJNFOUBUPSF FMFUUSPOJDP 7BD 8

$4

$POmHVSB[JPOF QFS JOTUBMMB[JPOF

$POmHVSB[JPOF QFS JOTUBMMB[JPOF

DPO DPOUSPDBTTB PCCMJHBUPSJB

B DPOUSPTPGmUUP

NJO NBY

-JSB 2VBESP

$POmHVSB[JPOF QFS JOTUBMMB[JPOF EJSFUUB DPO DPOUSPDBTTB PCCMJHBUPSJB %JNFOTJPOJ

1PUFO[B

Y NN

.3 NBY 8 (6 7BD

$PEJDF

8

"DDFTTPSJP PCCMJHBUPSJP

$PEJDF

$POUSPDBTTB Y NN

"DDFTTPSJ

$PEJDF

.PSTFUUJFSB MJOFBSF *1

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

"MJNFOUBUPSF FMFUUSPOJDP 7BD 8

$4

$POmHVSB[JPOF QFS JOTUBMMB[JPOF B DPOUSPTPGmUUP

'PSP EB QSBUJDBSF

%JNFOTJPOJ

1PUFO[B

Y NN

.3 NBY 8 (6 7BD

"DDFTTPSJ

$PEJDF

8

$PEJDF

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

"MJNFOUBUPSF FMFUUSPOJDP 7BD 8

$4

.PSTFUUJFSB MJOFBSF *1

139

-JSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS % #BSUPMJOJ

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP DPO DPSOJDF UPOEB QFS MVDF SBEFOUF B ยก BE JODBTTP QBSFUF QBWJNFOUP DBSSBCJMF DBMQFTUBCJMF DPO DPOUSPDBTTB PCCMJHBUPSJB P DPOUSPTPGmUUP DPO NPMMF EJ mTTBHHJP $PMPSF *OPY 6UJMJ[[P 1FSDPSTJ QFEPOBMJ BSFF WFSEJ QPSUJDBUJ QBSUJDPMBSNFOUF JOEJDBUB QFS JMMVNJOB[JPOF E BDDFOUP

ยก

1FDVMJBSJUร 6UJMJ[[BCJMF B DJFMP BQFSUP QFS BMUP HSBEP EJ QSPUF[JPOF *1

0SJFOUBCJMF JO WBSJF EJSF[JPOJ %JNFOTJPOJ DPNQBUUF $BSSBCJMJUร %VF EJWFSTF NPEBMJUร EJ JOTUBMMB[JPOF mTTBHHJP DPO VUJMJ[[P EJ DPOUSPDBTTB F mTTBHHJP DPO BQQPTJUF NPMMF $IJTVSB JOGFSJPSF F TVQFSJPSF EFMMB DPOUSPDBTTB QFS BHFWPMBSF MB DFNFOUB[JPOF

$BSBUUFSJTUJDIF UFDOJDIF BQQBSFDDIJP t $POUSPDBTTB JO UFDOPQPMJNFSP t $PSQP JO QSFTTPGVTJPOF EJ BMMVNJOJP BOPEJ[[BUP t %JGGVTPSF JO WFUSP TUBNQBUP UFNQFSBUP t -VDF SBEFOUF B ยก t $PSOJDF JO BDDJBJP JOPY "*4* t $BSSBCJMJUร ,H BMMB WFMPDJUร NBTTJNB EJ ,N I t 7JUFSJB JO BDDJBJP JOPY

*1

140

-JSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS % #BSUPMJOJ

$POmHVSB[JPOF QFS JOTUBMMB[JPOF

$POmHVSB[JPOF QFS JOTUBMMB[JPOF

DPO DPOUSPDBTTB PCCMJHBUPSJB

B DPOUSPTPGmUUP

NJO NBY

%JNFOTJPOJ

1PUFO[B

Y NN

.3 NBY 8 (6 7BD

$PEJDF

8

"DDFTTPSJP PCCMJHBUPSJP

$PEJDF

$POUSPDBTTB Y NN

"DDFTTPSJ

$PEJDF

.PSTFUUJFSB MJOFBSF *1

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

"MJNFOUBUPSF FMFUUSPOJDP 7BD 8

$4

$POmHVSB[JPOF QFS JOTUBMMB[JPOF DPO DPOUSPDBTTB PCCMJHBUPSJB

$POmHVSB[JPOF QFS JOTUBMMB[JPOF B DPOUSPTPGmUUP

'PSP EB QSBUJDBSF

%JNFOTJPOJ

1PUFO[B

Y NN

.3 NBY 8 (6 7BD

"DDFTTPSJ

.PSTFUUJFSB MJOFBSF *1

$PEJDF

8

$PEJDF

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

"MJNFOUBUPSF FMFUUSPOJDP 7BD 8

$4

141

-JSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS % #BSUPMJOJ

5POEP

2VBESP

1FDVMJBSJUร 6UJMJ[[BCJMF B DJFMP BQFSUP QFS BMUP HSBEP EJ QSPUF[JPOF *1

%JNFOTJPOJ DPNQBUUF 0SJFOUBCJMF JO WBSJF EJSF[JPOJ $BSSBCJMJUร %VF EJWFSTF NPEBMJUร EJ JOTUBMMB[JPOF mTTBHHJP DPO VUJMJ[[P EJ DPOUSPDBTTB F mTTBHHJP DPO BQQPTJUF NPMMF $IJTVSB JOGFSJPSF F TVQFSJPSF EFMMB DPOUSPDBTTB QFS BHFWPMBSF MB DFNFOUB[JPOF

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP DPO DPSOJDFUPOEB -JSB 5POEP P DPO DPSOJDF RVBESB -JSB 2VBESP BE JODBTTP QBSFUF QBWJNFOUP DBSSBCJMF DBMQFTUBCJMF DPO DPOUSPDBTTB PCCMJHBUPSJB P QBSFUF TPGmUUP DPO NPMMF EJ mTTBHHJP

$PMPSF *OPY

$BSBUUFSJTUJDIF UFDOJDIF BQQBSFDDIJP t $POUSPDBTTB JO UFDOPQPMJNFSP t $PSQP JO QSFTTPGVTJPOF EJ BMMVNJOJP BOPEJ[[BUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF TQFTTPSF NN t (SVQQP PUUJDP CBTDVMBCJMF EJ ย ยก t $PSOJDF JO BDDJBJP JOPY "*4* t $BSSBCJMMJUร ,H BMMB WFMPDJUร NBTTJNB EJ ,N I t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1FSDPSTJ QFEPOBMJ BSFF WFSEJ QPSUJDBUJ QBSUJDPMBSNFOUF JOEJDBUB QFS JMMVNJOB[JPOF E BDDFOUP

ย ยก

*1

142

-JSB 5POEP "QQBSFDDIJ EB JODBTTP

%FTJHOFS % #BSUPMJOJ

$POmHVSB[JPOF QFS JOTUBMMB[JPOF

$POmHVSB[JPOF QFS JOTUBMMB[JPOF

DPO DPOUSPDBTTB PCCMJHBUPSJB

B DPOUSPTPGmUUP $POmHVSB[JPOF QFS JOTUBMMB[JPOF DPO DPOUSPDBTTB PCCMJHBUPSJB 1PUFO[B

Y NN

$'-

NBY 8 (Y

8

1"3

NBY 8 (6

8

$PEJDF

NJO NBY

%JNFOTJPOJ

"DDFTTPSJP PCCMJHBUPSJP

$PEJDF

$POUSPDBTTB Y NN

"DDFTTPSJ

$PEJDF

.PSTFUUJFSB MJOFBSF *1

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

$POmHVSB[JPOF QFS JOTUBMMB[JPOF B DPOUSPTPGmUUP

'PSP EB QSBUJDBSF

%JNFOTJPOF

1PUFO[B

Y NN

$'-

NBY 8 (Y

8

1"3

NBY 8 (6

8

$PEJDF

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

$PEJDF

"DDFTTPSJ

.PSTFUUJFSB MJOFBSF *1

-JSB 2VBESP *ODBTTJ $POmHVSB[JPOF QFS JOTUBMMB[JPOF

$POmHVSB[JPOF QFS JOTUBMMB[JPOF

DPO DPOUSPDBTTB PCCMJHBUPSJB

B DPOUSPTPGmUUP $POmHVSB[JPOF QFS JOTUBMMB[JPOF DPO DPOUSPDBTTB PCCMJHBUPSJB

NJO NBY

%JNFOTJPOJ

1PUFO[B

Y NN

$'-

NBY 8 (Y

8

1"3

NBY 8 (6

8

$PEJDF

"DDFTTPSJP PCCMJHBUPSJP

$PEJDF

$POUSPDBTTB Y NN

"DDFTTPSJ

$PEJDF

.PSTFUUJFSB MJOFBSF *1

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

$POmHVSB[JPOF QFS JOTUBMMB[JPOF B DPOUSPTPGmUUP

'PSP EB QSBUJDBSF

%JNFOTJPOJ

1PUFO[B

Y NN

$'-

NBY 8 (Y

8

1"3

NBY 8 (6

8

$PEJDF

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

"DDFTTPSJ

.PSTFUUJFSB MJOFBSF *1

$PEJDF

143

-JSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS % #BSUPMJOJ

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP DPO QBMQFCSB UPOEB BE JODBTTP QBSFUF QBWJNFOUP DBSSBCJMF DBMQFTUBCJMF DPO DPOUSPDBTTB PCCMJHBUPSJB P DPOUSPTPGmUUP DPO NPMMF EJ mTTBHHJP $PMPSF *OPY

6UJMJ[[P 1FSDPSTJ QFEPOBMJ BSFF WFSEJ QPSUJDBUJ QBSUJDPMBSNFOUF JOEJDBUB QFS JMMVNJOB[JPOF E BDDFOUP

MVDF

MVDJ

1FDVMJBSJUË 6UJMJ[[BCJMF B DJFMP BQFSUP QFS BMUP HSBEP EJ QSPUF[JPOF *1

%JNFOTJPOJ DPNQBUUF 0SJFOUBCJMF JO WBSJF EJSF[JPOJ $BSSBCJMJUË %VF EJWFSTF NPEBMJUË EJ JOTUBMMB[JPOF mTTBHHJP DPO VUJMJ[[P EJ DPOUSPDBTTB F mTTBHHJP DPO BQQPTJUF NPMMF $IJTVSB JOGFSJPSF F TVQFSJPSF EFMMB DPOUSPDBTTB QFS BHFWPMBSF MB DFNFOUB[JPOF

$BSBUUFSJTUJDIF UFDOJDIF BQQBSFDDIJP t $POUSPDBTTB JO UFDOPQPMJNFSP t $PSQP JO QSFTTPGVTJPOF EJ BMMVNJOJP BOPEJ[[BUP t %JGGVTPSF JO WFUSP UFNQFSBUP USBTQBSFOUF t 1BMQFCSB B MVDJ JO BDDJBJP JOPY "*4* t $BSSBCJMJUË ,H BMMB WFMPDJUË NBTTJNB EJ ,N I t 7JUFSJB JO BDDJBJP JOPY

MVDJ

*1

144

-JSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS % #BSUPMJOJ

$POmHVSB[JPOF QFS JOTUBMMB[JPOF DPO DPOUSPDBTTB PCCMJHBUPSJB

$POmHVSB[JPOF QFS JOTUBMMB[JPOF DPO DPOUSPDBTTB PCCMJHBUPSJB

%JNFOTJPOJ

1PUFO[B

MVDJ MVDJ

Y NN

$'- NBY 8 (Y

8

8 8

1"3 NBY 8 (6

8

8 8

"DDFTTPSJP PCCMJHBUPSJP $POUSPDBTTB 9 NN

"DDFTTPSJ

MVDF

$PEJDF

.PSTFUUJFSB MJOFBSF *1

$PEJDF

$4 QBH

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$POmHVSB[JPOF QFS JOTUBMMB[JPOF B DPOUSPTPGmUUP

NJO NBY

%JNFOTJPOJ

1PUFO[B MVDF

MVDJ

Y NN

$'- NBY 8 (Y

8

8 8

1"3 NBY 8 (6

8

8 8

$POmHVSB[JPOF QFS JOTUBMMB[JPOF B DPOUSPTPGmUUP

"DDFTTPSJ

MVDJ

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

.PSTFUUJFSB MJOFBSF *1

$PEJDF $4 QBH

$4 QBH

'PSP EB QSBUJDBSF

145

146

-JSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS % #BSUPMJOJ

$POmHVSB[JPOF QFS JOTUBMMB[JPOF DPO DPOUSPDBTTB PCCMJHBUPSJB

1FDVMJBSJUร 6UJMJ[[BCJMF B DJFMP BQFSUP QFS BMUP HSBEP EJ QSPUF[JPOF *1

%JNFOTJPOJ DPNQBUUF 7FSTBUJMJUร EFMMF PUUJDIF $BSSBCJMJUร

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP DPO DPSOJDF UPOEB BE JODBTTP QBWJNFOUP DBSSBCJMF DBMQFTUBCJMF DPO DPOUSPDBTTB PCCMJHBUPSJB $PMPSF *OPY

ย

ย

$BSBUUFSJTUJDIF UFDOJDIF BQQBSFDDIJP t $POUSPDBTTB JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO QSFTTPGVTJPOF EJ BMMVNJOJP BOPEJ[[BUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF TQFTTPSF NN WFSTJPOF (6

t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP BDJEBUP TQFTTPSF NN WFSTJPOJ & (Y E

t (SVQQP PUUJDP CBTDVMBCJMF EJ ย ยก WFSTJPOF (6

t "DDFTTPSJP PQ[JPOBMF HSJHMJB BOUJBCCBHMJBNFOUP JO BDDJBJP [JODBUP F WFSOJDJBUP TPMP QFS WFSTJPOF (6

t $PSOJDF JO BDDJBJP JOPY "*4* t $BSSBCJMJUร ,H BMMB WFMPDJUร NBTTJNB EJ ,N I t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1FSDPSTJ QFEPOBMJ BSFF WFSEJ QPSUJDBUJ QBSUJDPMBSNFOUF JOEJDBUB QFS JMMVNJOB[JPOF E BDDFOUP

ย ยก

ย ยก

ย ยก

ยก

ยก

ยก

ย

%JNFOTJPOJ

1PUFO[B

ย Y NN '#5 8 & TFO[B SJnFUUPSF OPO CBTDVMBCJMF '4. 8 (Y E OPO CBTDVMBCJMF t .5 8 (6 BQFSUVSB ยก CBTDVMBCJMF t .5 8 (6 BQFSUVSB ยก CBTDVMBCJMF t .5 8 (6 BQFSUVSB ยก CBTDVMBCJMF

$PEJDF

8 8 8 8 8

$4 QBH $4 QBH

"DDFTTPSJ PCCMJHBUPSJ (SJHMJB BOUJBCCBHMJBNFOUP TPMP QFS WFSTJPOF (6

$POUSPDBTTB ย Y NN "DDFTTPSJ (SJHMJB BOUJBCCBHMJBNFOUP TPMP QFS WFSTJPOF (6

.PSTFUUJFSB MJOFBSF *1 .PSTFUUJFSB EFSJWB[JPOF B i5w*1 ย - NN

*1

t

147

-JSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS % #BSUPMJOJ

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP DPO DPSOJDF UPOEB BE JODBTTP QBWJNFOUP DBSSBCJMF DBMQFTUBCJMF DPO DPOUSPDBTTB PCCMJHBUPSJB

1FDVMJBSJUร 6UJMJ[[BCJMF B DJFMP BQFSUP QFS BMUP HSBEP EJ QSPUF[JPOF *1

%JNFOTJPOJ DPNQBUUF 7FSTBUJMJUร EFMMF PUUJDIF $BSSBCJMJUร

$PMPSF *OPY $BSBUUFSJTUJDIF UFDOJDIF BQQBSFDDIJP t $POUSPDBTTB JO 17$ DPO SBDDPSEP JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO QSFTTPGVTJPOF EJ BMMVNJOJP BOPEJ[[BUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF TQFTTPSF NN WFSTJPOJ ( 3Y T

t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP BDJEBUP TQFTTPSF NN WFSTJPOJ (Y E &

t (SVQQP PUUJDP CBTDVMBCJMF EJ ย ยก WFSTJPOF (

t 0UUJDB BTJNNFUSJDB WFSTJPOF 3Y T

t "DDFTTPSJP PQ[JPOBMF HSJHMJB BOUJBCCBHMJBNFOUP JO BDDJBJP [JODBUP F WFSOJDJBUP TPMP QFS WFSTJPOF (

t $PSOJDF JO BDDJBJP JOPY "*4* t $BSSBCJMJUร ,H BMMB WFMPDJUร NBTTJNB EJ ,N I t 1SFTTBDBWP . t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1FSDPSTJ QFEPOBMJ BSFF WFSEJ QPSUJDBUJ QBSUJDPMBSNFOUF JOEJDBUB QFS JMMVNJOB[JPOF E BDDFOUP

ย ยก

ย ยก

ย ยก

ยก

ยก

ยก

ยกY ยก

*1

148

-JSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS % #BSUPMJOJ

$POmHVSB[JPOF QFS JOTUBMMB[JPOF DPO DPOUSPDBTTB PCCMJHBUPSJB

ย

ย

ย

ย

(SJHMJB BOUJBCCBHMJBNFOUP TPMP QFS WFSTJPOF (6

$POmHVSB[JPOF QFS JOTUBMMB[JPOF DPO DPOUSPDBTTB PCCMJHBUPSJB %JNFOTJPOJ 1PUFO[B

ย Y NN '#5 8 & OPO CBTDVMBCJMF

$PEJDF

'4. 8 (Y E OPO CBTDVMBCJMF 8

8

.5 8 ( BQFSUVSB ยก

CBTDVMBCJMF

8

.5 8 ( BQFSUVSB ยก

CBTDVMBCJMF

8

.5 8 ( BQFSUVSB ยก

CBTDVMBCJMF

8

.5 8 ( BQFSUVSB ยก

CBTDVMBCJMF

8

.5 8 ( BQFSUVSB ยก

CBTDVMBCJMF

8

.5 8 ( BQFSUVSB ยก

CBTDVMBCJMF

8

.5 8 ( BQFSUVSB ยก

CBTDVMBCJMF

8

.5 8 ( BQFSUVSB ยก

CBTDVMBCJMF

.5 8 ( BQFSUVSB ยก

CBTDVMBCJMF

8 8 8

BTJNNFUSJDP .% 8 3Y T BQFSUVSB ยกY ยก

"DDFTTPSJP PCCMJHBUPSJP

$PEJDF

$POUSPDBTTB ย Y NN

"DDFTTPSJ

$PEJDF

(SJHMJB BOUJBCCBHMJBNFOUP TPMP QFS WFSTJPOF (

.PSTFUUJFSB MJOFBSF *1 Y NN

$4 QBH

.PSTFUUJFSB B i5w *1 Y NN

$4 QBH

ย - NN

149

150

$BS "QQBSFDDIJ EB JODBTTP

%FTJHOFS ' 7BMCPOFTJ

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP DPO DBMPUUB QSPUFUUJWB BE JODBTTP QBWJNFOUP DBSSBCJMF DBMQFTUBCJMF 6UJMJ[[P DPOUSPDBTTB PQ[JPOBMF

1FDVMJBSJUË $BSSBCJMJUË 3JTQBSNJP FOFSHFUJDP &MFWBUP HSBEP EJ QSPUF[JPOF *1

$PMPSF (SBmUF 6UJMJ[[P 1FSDPSTJ QFEPOBMJ F DBSSBCJMJ

$BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO GVTJPOF EJ BMMVNJOJP F BOPEJ[[BUP t 0UUJDB NFEJVN JO BMMVNJOJP t %JGGVTPSF JO BDSJMJDP CJBODP t $BMPUUB QSPUFUUJWB BE BMUP TQFTTPSF JO GVTJPOF EJ BMMVNJOJP F BOPEJ[[BUB HSBmUF t $BWP Y NNR ) 3/ ' NU TV WFSTJPOF '42 t $BWP Y NNR ) 3/ ' NU TV WFSTJPOF )4( t 5SBTGPSNBUPSF FMFUUSPOJDP JODPSQPSBUP )4(

t 7JUFSJB JO BDDJBJP JOPY t $BSSBCJMJUË ,H BMMB WFMPDJUË NBTTJNB EJ ,N I

%JNFOTJPOJ

1PUFO[B

$PMPSF

$PEJDF

Y NN

'#5

8 &

(SBmUF

$-

)4(

8 (

(SBmUF

$-

'42

8 ( E

(SBmUF

$-

"DDFTTPSJ $POUSPDBTTB Y NN

$-

.PSTFUUJFSB MJOFBSF *1

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

NBY - NN

*1

151

152

153

;FOJUI 'MVP "QQBSFDDIJ EB JODBTTP

%FTJHOFS % .PSTF

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP DPO DPSOJDF UPOEB BE JODBTTP QBSFUF QBWJNFOUP DBSSBCJMF DBMQFTUBCJMF DPO DPOUSPDBTTB PCCMJHBUPSJB

$PMPSF *OPY

6UJMJ[[P 1FSDPSTJ QFEPOBMJ BSFF WFSEJ QPSUJDBUJ QBSUJDPMBSNFOUF JOEJDBUB QFS JMMVNJOB[JPOF E BDDFOUP DPO DPOUSPDBTTB PCCMJHBUPSJB

$BSBUUFSJTUJDIF UFDOJDIF t $POUSPDBTTB JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t -BNQBEB nVPSFTDFOUF DPNQBUUB 8 BUUBDDP (Y t 5FOTJPOF EJ BMJNFOUB[JPOF 7 )[ t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF TQFTTPSF NN t $PSOJDF JO BDDJBJP JOPY "*4* - NJDSPQBMMJOBUP t 1SFTTBDBWP 1( QFS DBWP EB NN B NN t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB t $BSSBCJMF BMMB WFMPDJUË NBTTJNB EJ ,N I F NBTTB ,H USBGmDP WFJDPMBSF

%JNFOTJPOJ

1PUFO[B

Y NN

$'-

8 (Y $8 MVDF GSFEEB

$"

$PEJDF

$'-

8 (Y 88 MVDF DBMEB

$"

"DDFTTPSJ PCCMJHBUPSJ

$PEJDF

$POUSPDBTTB Y NN

"DDFTTPSJ PQ[JPOBMJ

$PEJDF

.PSTFUUJFSB MJOFBSF *1

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

*1

154

$BSBUUFSJTUJDIF QFDVMJBSJ 6UJMJ[[BCJMF B DJFMP BQFSUP QFS BMUP HSBEP EJ QSPUF[JPOF *1

3JTQBSNJP FOFSHFUJDP %VSBUB MBNQBEB PSF "MJNFOUB[JPOF B UFOTJPOF EJ SFUF %JNFOTJPOJ DPNQBUUF 6UJMJ[[BSF DBWP JO OFPQSFOF

;FOJUI 'MVP "QQBSFDDIJ EB JODBTTP UFDOJDJ

%FTJHOFS % .PSTF

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP DPO DPSOJDF UPOEB BE JODBTTP QBSFUF QBWJNFOUP DBSSBCJMF DBMQFTUBCJMF DPO DPOUSPDBTTB PCCMJHBUPSJB

$PMPSF *OPY

6UJMJ[[P 1FSDPSTJ QFEPOBMJ BSFF WFSEJ QPSUJDBUJ QBSUJDPMBSNFOUF JOEJDBUB QFS JMMVNJOB[JPOF E BDDFOUP

$BSBUUFSJTUJDIF QFDVMJBSJ 6UJMJ[[BCJMF B DJFMP BQFSUP QFS BMUP HSBEP EJ QSPUF[JPOF *1

3JTQBSNJP FOFSHFUJDP %VSBUB MBNQBEB PSF "MJNFOUB[JPOF B UFOTJPOF EJ SFUF %JNFOTJPOJ DPNQBUUF 6UJMJ[[BSF DBWP JO OFPQSFOF $BSBUUFSJTUJDIF UFDOJDIF t $POUSPDBTTB JO UFDOPQPMJNFSP SJOGPS[BUP t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t -BNQBEB nVPSFTDFOUF DPNQBUUB 8 BUUBDDP (Y t 5FOTJPOF EJ BMJNFOUB[JPOF 7 )[ t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF TQFTTPSF NN t $PSOJDF JO BDDJBJP JOPY "*4* - NJDSPQBMMJOBUP t 1SFTTBDBWP 1( QFS DBWP EB NN B NN t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB t $BSSBCJMF BMMB WFMPDJUË NBTTJNB EJ ,N I F NBTTB ,H USBGmDP WFJDPMBSF

%JNFOTJPOJ

1PUFO[B

Y NN

$'-

8 (Y $8 MVDF GSFEEB

$"

$PEJDF

$'-

8 (Y 88 MVDF DBMEB

$"

"DDFTTPSJ PCCMJHBUPSJ

$PEJDF

$POUSPDBTTB Y NN

"DDFTTPSJ PQ[JPOBMJ

$PEJDF

.PSTFUUJFSB MJOFBSF *1

$4 QBH

.PSTFUUJFSB EFSJWB[JPOF B i5w *1

$4 QBH

*1

155

*OUSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS - .POEBSEJOJ

"QQBSFDDIJP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP BE JODBTTP QBSFUF DPO DPSOJDF *OUSB $ HSJHMJB BQFSUB *OUSB (" HSJHMJB DIJVTB *OUSB ($

$PMPSF #JBODP (SJHJP /FSP 6UJMJ[[P "SFF EJ QBTTBHHJP TDBMF DPSSJEPJ QPSUJDBUJ BMM JOUFSOP FE FTUFSOP EJ FEJmDJ QVCCMJDJ F QSJWBUJ "DDFTTPSJP PCCMJHBUPSJP $POUSPDBTTB JO UFDOPQPMJNFSP SJOGPS[BUP $PEJDF

156

1FDVMJBSJUË &DPOPNJDJUË &MFWBUP HSBEP EJ QSPUF[JPOF *1

6UJMJ[[BSF DBWP JO OFPQSFOF $BSBUUFSJTUJDIF UFDOJDIF t $POUSPDBTTB JO UFDOPQPMJNFSP SJOGPS[BUP B NVSBSF t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t 3JnFUUPSF JO NFUBMMP WFSOJDJBUP t %JGGVTPSF JO QPMJDBSCPOBUP USBTQBSFOUF QSJTNBUJ[[BUP JOUFSOBNFOUF t $PSOJDF JO UFDOPQPMJNFSP SJOGPS[BUP t 1SFTTBDBWP NFUSJDP . Y QFS DBWP EB NN B NN t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB WFSTJPOF '#5

*OUSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS - .POEBSEJOJ

*OUSB $ $PSOJDF %JNFOTJPOJ

1PUFO[B

#JBODP

(SJHJP

/FSP

Y Y NN

'#5

8 & t

#

.

/

'4%

8 (

#

.

/

'42

8 ( E

#

.

/

*OUSB (" (SJHMJB "QFSUB %JNFOTJPOJ

1PUFO[B

#JBODP

(SJHJP

/FSP

Y Y NN

'#5

8 & t

#

.

/

'4%

8 (

#

.

/

'42

8 ( E

#

.

/

*OUSB ($ (SJHMJB $IJVTB %JNFOTJPOJ

#JBODP

(SJHJP

/FSP

'#5

8 & t

#

.

/

'4%

8 (

#

.

/

'42

8 ( E

#

.

/

Y Y NN $POUSPDBTTB

Y Y NN

1PUFO[B

"DDFTTPSJP PCMJHBUPSJP

*1

t

157

-JCSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS ' 7BMCPOFTJ

"QQBSFDDIJP BE JODBTTP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP E BSSFEP BE JODBTTP QBSFUF EJNFOTJPOF Y NN

1FDVMJBSJUË *M EFTJHO SJDFSDBUP SFOEF M BQQBSFDDIJP VO FMFNFOUP E BSSFEP "MJNFOUB[JPOF FMFUUSPOJDB

$PMPSF #JBODP

$BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP B NVSBSF 6UJMJ[[P t 3JnFUUPSF JO NFUBMMP WFSOJDJBUP ;POF EJ USBGmDP FE BSFF HFOFSBMJ JOUFSOF FE FTUFSOF t %JGGVTPSF JO WFUSP CJBODP TUBNQBUP FE BDJEBUP EJ FEJmDJ QVCCMJDJ F QSJWBUJ t 4UBGGB EJ TPTUFHOP WFUSP F WJUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

$PMPSF

$PEJDF

Y Y NN

'#5 8 & t

#JBODP

$#

'42

8 ( E

#JBODP

$#

8 ( R

#JBODP

$#

"MJNFOUB[JPOF FMFUUSPOJDB Y Y NN

'42

- NN

*1

158

t

-JCSB "QQBSFDDIJ EB JODBTTP

%FTJHOFS ' 7BMCPOFTJ

"QQBSFDDIJP BE JODBTTP QFS JOUFSOJ FE FTUFSOJ "QQBSFDDIJP E BSSFEP BE JODBTTP QBSFUF EJNFOTJPOF Y NN

1FDVMJBSJUË *M EFTJHO SJDFSDBUP SFOEF M BQQBSFDDIJP VO FMFNFOUP E BSSFEP "MJNFOUB[JPOF FMFUUSPOJDB

$PMPSF #JBODP

$BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP B NVSBSF 6UJMJ[[P t 3JnFUUPSF JO NFUBMMP WFSOJDJBUP ;POF EJ USBGmDP FE BSFF HFOFSBMJ JOUFSOF FE FTUFSOF t %JGGVTPSF JO WFUSP CJBODP TUBNQBUP FE BDJEBUP EJ FEJmDJ QVCCMJDJ F QSJWBUJ t 4UBGGB EJ TPTUFHOP WFUSP F WJUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

Y Y NN

'42

$PMPSF

$PEJDF

8 ( E

#JBODP

$#

8 ( R

#JBODP

$#

"MJNFOUB[JPOF FMFUUSPOJDB Y Y NN

'42

*1

159

160

161

162

-VDJ EFMMB DJUUË "SSFEP VSCBOP

0HOJ DJUUË IB VOB MVDF QBSUJDPMBSF DIF FNBOB EBJ TVPJ QBMB[[J EBMMF TVF QJB[[F EB PHOJ TVP BOHPMP 6OB MVDF DIF OF JOUFSQSFUB M JEFOUJUË F OF QSPUFHHF JM GBTDJOP "ODIF RVBOEP TDFOEF MB OPUUF *MMVNJOBSF MB DJUUË TJHOJmDB SFTUJUVJSF MB USJEJNFOTJPOBMJUË EFJ WPMVNJ FE FTBMUBSF MB GBDDJBUB EJ VO FEJmDJP EFM DFOUSP TUPSJDP .B TJHOJmDB BODIF JOEJDBSF VOB EJSF[JPOF TFHOBMBSF VOB TUSBEB NFUUFSF JO TJDVSF[[B VO QBSDIFHHJP EJ QFSJGFSJB 4JHOJmDB BVNFOUBSF MB MFHHJCJMJUË EFMMP TQB[JP DPOJVHBOEP GVO[JPOBMJUË FE FTUFUJDB DPO FMFHBO[B F EJTDSF[JPOF 3JTQFUUBOEP MB OPUUF "HMJ BSDIJUFUUJ EFMMB MVDF PGGSJBNP VOB HBNNB DPNQMFUB EJ TPMV[JPOJ JMMVNJOPUFDOJDIF JOOPWBUJWF WFSTBUJMJ TJDVSF SFBMJ[[BUF DPO NBUFSJBMJ EVSFWPMJ F QSPHFUUBUF QFS VOJSF M BMUP SFOEJNFOUP BMMB GBDJMJUË EJ NBOVUFO[JPOF & BMMB CFMMF[[B OBUVSBMNFOUF

163

164

.POEB "SSFEP VSCBOP

%FTJHOFS - .POEBSEJOJ

1FDVMJBSJUË 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF MBUFSBMF F GSPOUBMF 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF TV J RVBUUSP MBUJ PUUJNBMF &MFWBUP HSBEP EJ QSPUF[JPOF *1

&MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFMM BQQBSFDDIJP USBNJUF TF[JPOBUPSF $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS VUJMJ[[P TV .POEB TZTUFN $PMPSF "OUSBDJUF "[[VSSP " SJDIJFTUB EJTQPOJCJMJUË EJ DPMPSB[JPOJ 3"QFS RVBOUJUBUJWJ NJOJNJ EJ QF[[J 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$BSBUUFSJTUJDIF UFDOJDIF $PSQP JO BMMVNJOJP QSFTTPGVTP 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF 0UUJDB BTJNNFUSJDB JO BMMVNJOJP 0UUJDB TJNNFUSJDB JO BMMVNJOJP %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF TQFTTPSF NN .BOVUFO[JPOF PSEJOBSJB USBNJUF WJUJ B EJ HJSP 7JUFSJB JO BDDJBJP JOPY

"DDFTTPSJ $PNQPTJ[JPOJ .POEB 4ZTUFN

0UUJDB BTJNNFUSJDB 1PUFO[B ø

$PMPSF

$PEJDF

'#5

8 &

"OUSBDJUF "[[VSSP

4 $

.5 .&

8 &

"OUSBDJUF "[[VSSP

4 $

4&

8 &

"OUSBDJUF "[[VSSP

4 $

45 4&

8 &

"OUSBDJUF "[[VSSP

4 $

.5 .&

8 &

"OUSBDJUF "[[VSSP

4 $

45 4& .5 .&

8 &

"OUSBDJUF "[[VSSP

4 $

0UUJDB TJNNFUSJDB 1PUFO[B

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

$PMPSF

$PEJDF

'#5

8 &

"OUSBDJUF "[[VSSP

4 $

.5 .&

8 &

"OUSBDJUF "[[VSSP

4 $

4&

8 &

"OUSBDJUF "[[VSSP

4 $

45 4&

8 &

"OUSBDJUF "[[VSSP

4 $

.5 .&

8 &

"OUSBDJUF "[[VSSP

4 $

45 4& .5 .&

8 &

"OUSBDJUF "[[VSSP

4 $

- NN

165 *1

.POEB CSBDDJP

NPOUBHHJP B QBMP

"SSFEP VSCBOP

"DDFTTPSJP "DDFTTPSJP QFS VUJMJ[[P TV QBMJ NN JO UFTUB $PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$BSBUUFSJTUJDIF UFDOJDIF #SBDDJP JO BDDJBJP [JODBUP B DBMEP N 6/* &/

7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF 7JUFSJB JO BDDJBJP JOPY

1FDVMJBSJUË 1PTTJCJMJUË EJ VUJMJ[[P QBMJ P CSBDDJ NN HJË BDRVJTUBUJ &DPOPNJDJUË

%JNFOTJPOJ

$PMPSF

$PEJDF

Y NN

"OUSBDJUF

4

.POEB 1BSFUF

NPOUBHHJP B QBSFUF

"DDFTTPSJP #SBDDJP QFS VUJMJ[[P B QBSFUF TQPSHFO[B UPUBMF NN $PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJB[[F

166

$BSBUUFSJTUJDIF UFDOJDIF t 4UBGGB EJ mTTBHHJP JO GVTJPOF EJ BMMVNJOJP t #SBDDJP JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

$PMPSF

$PEJDF

Y NN

"OUSBDJUF

/

.POEB 4ZTUFN

NPOUBHHJP B QBMP JOUFSSBUP nBOHJBUP

"SSFEP VSCBOP

$PNQPTJ[JPOF NPOUBHHJP JOUFSSBUP TZTUFN "

1BMP SBTUSFNBUP TFSJF 1JBWF Y NN #SBDDJP TFSJF .POEB MVOHIF[[B NN $PNQPTJ[JPOF NPOUBHHJP QMJOUP P QBWJNFOUB[JPOF TZTUFN #

1BMP SBTUSFNBUP Y NN DPNQMFUP EJ nBOHJB F UJSBGPOEJ #SBDDJP MVOHIF[[B NN $PMPSF "OUSBDJUF

$BSBUUFSJTUJDIF UFDOJDIF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t #SBDDJP JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY $BSBUUFSJTUJDIF UFDOJDIF QBMP ) NN TZTUFN "

t 1BMP SBTUSFNBUP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$BSBUUFSJTUJDIF UFDOJDIF QBMP ) NN TZTUFN #

t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP SBTUSFNBUP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

"DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

1BMP JOUFSSBUP 4ZTUFN " MVDF

"MUF[[B UPUBMF

"MUF[[B EB UFSSB

NN

NN

4

NN

NN

4

1BMP nBOHJBUP 4ZTUFN # "MUF[[B UPUBMF

"MUF[[B EB UFSSB

'MBOHJB

MVDF

NN

NN

Y NN

4

NN

NN

Y NN

4

Y

4ZTUFN "

4ZTUFN #

167

.POEB 4ZTUFN

NPOUBHHJP B QBMP JOUFSSBUP

"SSFEP VSCBOP $PNQPTJ[JPOF NPOUBHHJP JOUFSSBUP TZTUFN "

1BMP DJMJOESJDP Y NN 3BDDPSEJ EJ DPOOFTTJPOF QFS CSBDDJ F WJUFSJB #SBDDJP MVOHIF[[B NN

$BSBUUFSJTUJDIF UFDOJDIF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t #SBDDJP JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 3BDDPSEJ JO BMMVNJOJP QSFTTPGVTP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

$PNQPTJ[JPOF NPOUBHHJP QMJOUP P QBWJNFOUB[JPOF TZTUFN #

1BMP DJMJOESJDP Y NN DPNQMFUP EJ nBOHJB F UJSBGPOEJ 3BDDPSEJ EJ DPOOFTTJPOF QFS CSBDDJ F WJUFSJB #SBDDJP MVOHIF[[B NN

$BSBUUFSJTUJDIF UFDOJDIF QBMP ) NN TZTUFN "

$PMPSF "OUSBDJUF

t 1BMP DJMJOESJDP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

"DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

$BSBUUFSJTUJDIF UFDOJDIF QBMP ) NN TZTUFN #

t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP DJMJOESJDP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

1BMP JOUFSSBUP 4ZTUFN " "MUF[[B UPUBMF

"MUF[[B EB UFSSB

NN

NN

MVDF

MVDJ

MVDJ

4

4

4

168

NPOUBHHJP B QBMP nBOHJBUP

.POEB 4ZTUFN "SSFEP VSCBOP

ย Y

ยก

1BMP nBOHJBUP 4ZTUFN # "MUF[[B UPUBMF

"MUF[[B EB UFSSB

NN

NN

MVDF

MVDJ

MVDJ

/

/

/

169

.POEB

PUUJDB BTJNNFUSJDB

"SSFEP VSCBOP

0UUJDB BTJNNFUSJDB - PUUJDB BTJNNFUSJDB EFM .POEB Ò TUBUB TUVEJBUB QFS PUUFOFSF BMUJ SFOEJNFOUJ JMMVNJOPUFDOJDJ F HBSBOUJSF B QBSJUË EJ QPUFO[B JOUFSBTTJ FMFWBUJ DPO DPOTFHVFOUF NBHHJPSF FDPOPNJDJUË EJ BDRVJTUP F NBOVUFO[JPOF -B QBSUJDPMBSF DPOGPSNB[JPOF EFMM PUUJDB DPOTFOUF VOB QSPJF[JPOF iBE BMJ EJ QJQJTUSFMMPw JEFBMF QFS VOB DPSSFUUB JMMVNJOB[JPOF EJ WJF QSJNBSJF F TFDPOEBSJF 6UJMJ[[P *MMVNJOB[JPOF GVO[JPOBMF SFTJEFO[JBMF QFS FTUFSOJ TUSBEF QBSDIJ DFOUSJ DJUUË F TQB[J QVCCMJDJ FTUFSOJ BUUSF[[BUVSF QBSDIFHHJ F NBSDJBQJFEJ QFS BVUPCVT USFOJ

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

PUUJDB TJNNFUSJDB

0UUJDB TJNNFUSJDB - PUUJDB TJNNFUSJDB EJ .POEB Ò TUBUB TUVEJBUB QFS PUUFOFSF BMUJ SFOEJNFOUJ JMMVNJOPUFDOJDJ F HBSBOUJSF B QBSJUË EJ QPUFO[B JOUFSBTTJ FMFWBUJ DPO DPOTFHVFOUF NBHHJPSF FDPOPNJDJUË EJ BDRVJTUP F NBOVUFO[JPOF 6UJMJ[[P *MMVNJOB[JPOF GVO[JPOBMF SFTJEFO[JBMF QFS FTUFSOJ TUSBEF QBSDIJ DFOUSJ DJUUË F TQB[J QVCCMJDJ FTUFSOJ BUUSF[[BUVSF QBSDIFHHJ F NBSDJBQJFEJ QFS BVUPCVT USFOJ

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

170

QFDVMJBSJUË

.POEB "SSFEP VSCBOP

7BOUBHHJ 4QFDJmDJUË PUUJDIF DVU PGG BTJNNFUSJDB F TJNNFUSJDB &MFWBUP JOUFSBTTF QBMJ QFS SFOEJNFOUP JMMVNJOPUFDOJDP 7FSTBUJMJUË VUJMJ[[P MBNQBEF .PSTFUUJFSB JODMVTB TV 4ZTUFN &MFWBUP HSBEP EJ QSPUF[JPOF *1 F EJ JTPMBNFOUP $MBTTF ** $POGPSNF BMMF MFHHJ SFHJPOBMJ FE JOUFSOB[JPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

DPOTJHMJ TVMM VUJMJ[[P

.POEB 8 TPEJP BTJNNFUSJDP -VY NFE -VY NBY -VY NJO

t

NU

.POEB 8 TPEJP TJNNFUSJDP -VY NFE -VY NBY -VY NJO

t

t

NU

t

t

NU

NU

t

t

t t

U

N

t

N

U

t

t

t

NU

t

t

NU

t

171

172

4UVE 4UVE &70 "SSFEP VSCBOP

%FTJHOFS 1 .POUBMUJ

%JGGVTPSF QFS BSSFEP VSCBOP B MVDF EJSFUUB F JOEJSFUUB SFBMJ[[BUP JO BMMVNJOJP 0GGSF VO HSBEP EJ QSPUF[JPOF FMFWBUP *1 F BTTJDVSB VO BMUJTTJNB FGmDJFO[B MVNJOPTB "QQMJDBCJMF TV QBMP JOUFSSBUP P mTTBUP DPO nBOHJB BMMB QBWJNFOUB[JPOF 3JTQFUUB MF OPSNBUJWF JOUFSOB[JPOBMJ MF MFHHJ SFHJPOBMJ F J SFHPMBNFOUJ DPNVOBMJ FTJTUFOUJ JO NBUFSJB EJ SJEV[JPOF EFMM JORVJOBNFOUP MVNJOPTP -P 4UVE PWWFSP VO BQQBSFDDIJP FTUSFNBNFOUF TFNQMJDF FRVJQBHHJBCJMF DPO VO TPMP UJQP EJ MBNQBEB B MVDF SJnFTTB -P 4UVE &70 NJHMJPSBUP TPTUBO[JBMNFOUF TVM QJBOP EFM SJTQBSNJP FOFSHFUJDP VO QJDDPMP HSBOEF HJPJFMMP EJ JOHFHOFSJB QSPHFUUVBMF DIF NBOUFOFOEP JM DPODFQU FTUFUJDP PSJHJOBSJP QFSNFUUF PHHJ M JNQJFHP EJ MVDF EJSFUUB *M EJGGVTPSF Ã’ EJTQPOJCJMF JO EVF WFSTJPOJ PQBMF F USBTQBSFOUF - BNQJB QPSUFMMB JTQF[JPOBMF QFSNFUUF M BDDFTTP BHFWPMBUP BM WBOP PUUJDP QFS MB NBOVUFO[JPOF PSEJOBSJB F B RVFMMP FMFUUSJDP QFS MB NBOVUFO[JPOF TUSBPSEJOBSJB *EFBMF QFS M JMMVNJOB[JPOF EJ WJF QSJNBSJF F TFDPOEBSJF QFSDPSTJ QFEPOBMJ QJTUF DJDMBCJMJ QBSDIFHHJ [POF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

173

4UVE "SSFEP VSCBOP

%FTJHOFS 1 .POUBMUJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP B MVDF SJnFTTB QFS VUJMJ[[P TV QBMJ NN JO UFTUB

$PMPSF "OUSBDJUF

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

"DDFTTPSJ $PNQPTJ[JPOJ 4UVE 4ZTUFN

1FDVMJBSJUË *OTUBMMB[JPOF TV QBMP TUBOEBSE NN JO UFTUB 1PSUFMMP EJ DIJVTVSB F QPSUBDBCMBHHJP FTUSBJCJMF QFS VOB TFNQMJmDBUB NBOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFM QPSUFMMP USBNJUF TF[JPOBUPSF $POGPSNF BMMF OPSNBUJWF DPOUSP M JORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO BMMVNJOJP QSFTTPGVTP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 1PSUFMMP EJ DIJVTVSB F QPSUBDBCMBHHJP JO UFSNPJOEVSFOUF t 3JnFUUPSF JO BMMVNJOJP WFSOJDJBUP CJBODP t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF t 'SBOHJMVDF JO BDDJBJP [JODBUP F WFSOJDJBUP CJBODP t $BQQFMMP EJ DIJVTVSB JO UFSNPJOEVSFOUF t 7JUFSJB JO BDDJBJP JOPY

4UVE %JNFOTJPOJ

1PUFO[B

$PEJDF

Y NN

.5

8 (

.

.5

8 (

.

*1

174

4UVE 4ZTUFN "SSFEP VSCBOP

%FTJHOFS 1 .POUBMUJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP B MVDF SJnFTTB DPO QBMP 1FS VUJMJ[[P JOUFSSBUP BMUF[[B UPUBMF NN 4ZTUFN "

1FS VUJMJ[[P TV QMJOUP P QBWJNFOUB[JPOF BMUF[[B UPUBMF NN 4ZTUFN # DPNQMFUP EJ nBOHJB F UJSBGPOEJ $PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

1FDVMJBSJUË 1PSUFMMP EJ DIJVTVSB F QPSUBDBCMBHHJP FTUSBJCJMF QFS VOB TFNQMJmDBUB NBOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFM QPSUFMMP USBNJUF TF[JPOBUPSF $POGPSNF BMMF OPSNBUJWF DPOUSP M JORVJOBNFOUP MVNJOPTP $BSUFS EJ QSPUF[JPOF QBMP BHMJ VSUJ WFSTJPOF TZTUFN #

$BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP 6/* &/

t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t $BSUFS EJ QSPUF[JPOF JO UFDOPQPMJNFSP WFSTJPOF 4ZTUFN #

t $PSQP JO BMMVNJOJP QSFTTPGVTP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 1PSUFMMP EJ DIJVTVSB F QPSUBDBCMBHHJP JO UFSNPJOEVSFOUF t 3JnFUUPSF JO BMMVNJOJP WFSOJDJBUP CJBODP t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF t 'SBOHJMVDF JO BDDJBJP [JODBUP F WFSOJDJBUP CJBODP t $BQQFMMP EJ DIJVTVSB JO UFSNPJOEVSFOUF t 7JUFSJB JO BDDJBJP JOPY

%JNFOTJPOJ

1PUFO[B

Y NN

.5 8

(

$PEJDF .

.5 8

(

.

4UVE 4ZTUFN # 1BMP DPO nBOHJB F DBSUFS EJ QSPUF[JPOF

4:45&. "

4:45&. #

4UVE 4ZTUFN " 1BMP EB JOUFSSBSF

%JNFOTJPOJ

1PUFO[B

Y NN

.5 8

(

$PEJDF .

.5 8

(

.

Y

*1

175

176

177

EJGGVTPSF USBTQBSFOUF

4UVE &70 "SSFEP VSCBOP

%FTJHOFS 1 .POUBMUJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMJ NN JO UFTUB $PMPSF "OUSBDJUF

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO BMMVNJOJP QSFTTPGVTP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 1PSUFMMP EJ DIJVTVSB F QPSUBDBCMBHHJP JO UFSNPJOEVSFOUF t 3JnFUUPSF JO BMMVNJOJP WFSOJDJBUP CJBODP t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF t 0UUJDB GSBOHJMVDF JO BMMVNJOJP TQFDVMBSF CSJMMBOUBUP QBSUF JOGFSJPSF F OFSP PQBDP QBSUF TVQFSJPSF

t $BQQFMMP EJ DIJVTVSB JO UFSNPJOEVSFOUF t 7JUFSJB JO BDDJBJP JOPY

"DDFTTPSJ $PNQPTJ[JPOJ 4UVE 4ZTUFN

1FDVMJBSJUË *OTUBMMB[JPOF TV QBMP TUBOEBSE NN JO UFTUB 1PSUFMMP EJ DIJVTVSB F QPSUBDBCMBHHJP FTUSBJCJMF QFS VOB TFNQMJmDBUB NBOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFM QPSUFMMP USBNJUF TF[JPOBUPSF $POGPSNF BMMF MFHHJ DPOUSP M JORVJOBNFOUP MVNJOPTP

4UVE &70 EJGGVTPSF USBTQBSFOUF %JNFOTJPOJ

1PUFO[B

Y NN

.5

8 &

.

45

8 &

.

45

8 &

.

.&

8 &

.

45 .5

8 &

.

?

178

*1

$PEJDF

EJGGVTPSF USBTQBSFOUF

4UVE &70 4ZTUFN "SSFEP VSCBOP

%FTJHOFS 1 .POUBMUJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DPO QBMP 1FS VUJMJ[[P JOUFSSBUP BMUF[[B UPUBMF NN 4ZTUFN "

1FS VUJMJ[[P TV QMJOUP P QBWJNFOUB[JPOF BMUF[[B UPUBMF NN 4ZTUFN # DPNQMFUP EJ nBOHJB F UJSBGPOEJ $PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

1FDVMJBSJUË 1PSUFMMP EJ DIJVTVSB F QPSUBDBCMBHHJP FTUSBJCJMF QFS VOB TFNQMJmDBUB NBOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFM QPSUFMMP USBNJUF TF[JPOBUPSF $POGPSNF BMMF MFHHJ DPOUSP M JORVJOBNFOUP MVNJOPTP $BSUFS EJ QSPUF[JPOF QBMP BHMJ VSUJ WFSTJPOF TZTUFN #

$BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP 6/* &/

t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t $BSUFS EJ QSPUF[JPOF JO UFDOPQPMJNFSP WFSTJPOF 4ZTUFN #

t $PSQP JO BMMVNJOJP QSFTTPGVTP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 1PSUFMMP EJ DIJVTVSB F QPSUBDBCMBHHJP JO UFSNPJOEVSFOUF t 3JnFUUPSF JO BMMVNJOJP WFSOJDJBUP CJBODP t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF t 0UUJDB GSBOHJMVDF JO BMMVNJOJP TQFDVMBSF CSJMMBOUBUP QBSUF JOGFSJPSF F OFSP PQBDP QBSUF TVQFSJPSF

t $BQQFMMP EJ DIJVTVSB JO UFSNPJOEVSFOUF t 7JUFSJB JO BDDJBJP JOPY 4UVE &70 4ZTUFN " 1BMP EB JOUFSSBSF

%JNFOTJPOJ

1PUFO[B

Y NN

.5

8 &

.

45

8 &

.

45

8 &

.

.&

8 &

.

45 .5

8 &

.

%JNFOTJPOJ

1PUFO[B

Y NN

.5

8 &

.

45

8 &

.

45

8 &

.

.&

8 &

.

45 .5

8 &

.

4:45&. #

4:45&. "

$PEJDF

4UVE &70 4ZTUFN # 1BMP DPO nBOHJB F DBSUFS EJ QSPUF[JPOF

Y

?

$PEJDF

*1

179

EJGGVTPSF PQBMJOP

4UVE &70 "SSFEP VSCBOP

%FTJHOFS 1 .POUBMUJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMJ NN JO UFTUB $PMPSF "OUSBDJUF

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

"DDFTTPSJ $PNQPTJ[JPOJ 4UVE 4ZTUFN

1FDVMJBSJUË *OTUBMMB[JPOF TV QBMP TUBOEBSE NN JO UFTUB 1PSUFMMP EJ DIJVTVSB F QPSUBDBCMBHHJP FTUSBJCJMF QFS VOB TFNQMJmDBUB NBOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFM QPSUFMMP USBNJUF TF[JPOBUPSF &DPOPNJDJUË $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO BMMVNJOJP QSFTTPGVTP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 1PSUFMMP EJ DIJVTVSB F QPSUBDBCMBHHJP JO UFSNPJOEVSFOUF t %JGGVTPSF JO BDSJMJDP CJBODP t $BQQFMMP EJ DIJVTVSB JO UFSNPJOEVSFOUF t 7JUFSJB JO BDDJBJP JOPY

4UVE &70 EJGGVTPSF PQBMJOP %JNFOTJPOJ

1PUFO[B

Y NN

.5

8 &

.

45

8 &

.

45

8 &

.

.&

8 &

.

45 .5

8 &

.

*1

180

$PEJDF

EJGGVTPSF PQBMJOP

4UVE &70 4ZTUFN "SSFEP VSCBOP

%FTJHOFS 1 .POUBMUJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DPO QBMP 1FS VUJMJ[[P JOUFSSBUP BMUF[[B UPUBMF NN 4ZTUFN "

1FS VUJMJ[[P TV QMJOUP P QBWJNFOUB[JPOF BMUF[[B UPUBMF NN 4ZTUFN # DPNQMFUP EJ nBOHJB F UJSBGPOEJ $PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

1FDVMJBSJUË 1PSUFMMP EJ DIJVTVSB F QPSUBDBCMBHHJP FTUSBJCJMF QFS VOB TFNQMJmDBUB NBOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFM QPSUFMMP USBNJUF TF[JPOBUPSF $BSUFS EJ QSPUF[JPOF QBMP BHMJ VSUJ WFSTJPOF TZTUFN #

$BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP 6/* &/

t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t $BSUFS EJ QSPUF[JPOF JO UFDOPQPMJNFSP WFSTJPOF 4ZTUFN #

t $PSQP JO BMMVNJOJP QSFTTPGVTP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 1PSUFMMP EJ DIJVTVSB F QPSUBDBCMBHHJP JO UFSNPJOEVSFOUF t %JGGVTPSF JO BDSJMJDP CJBODP t $BQQFMMP EJ DIJVTVSB JO UFSNPJOEVSFOUF t 7JUFSJB JO BDDJBJP JOPY

4UVE &70 4ZTUFN " 1BMP EB JOUFSSBSF %JNFOTJPOJ

1PUFO[B

Y NN

.5

8 &

.

45

8 &

.

45

8 &

.

.&

8 &

.

45 .5

8 &

.

%JNFOTJPOJ

1PUFO[B

Y NN

4:45&. #

4:45&. "

$PEJDF

4UVE &70 4ZTUFN # 1BMP DPO nBOHJB F DBSUFS EJ QSPUF[JPOF

$PEJDF

.5

8 &

.

45

8 &

.

45

8 &

.

.&

8 &

.

45 .5

8 &

.

Y

*1

181

182

QFDVMJBSJUร

4UVE 4UVE &70 "SSFEP VSCBOP

7BOUBHHJ t -VDF HSBEFWPMF t &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP t 7FSTBUJMJUร VUJMJ[[P MBNQBEF t &DPOPNJDJUร t 'BDJMJUร EJ JOTUBMMB[JPOF TV QBMP t /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFM QPSUFMMP USBNJUF TF[JPOBUPSF t .PSTFUUJFSB JODMVTB TV 4ZTUFN

NBOVUFO[JPOF

4JTUFNB NBOVUFOUJWP *M SFTUZMJOH QSPHFUUVBMF EJ 4UVE &WP OF IB PUUJNJ[[BUP PMUSF BMMF QSFTUB[JPOJ JMMVNJOPUFDOJDIF BODIF MF NPEBMJUร EJ JOTUBMMB[JPOF F NBOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB -B TFQBSB[JPOF EFM WBOP PUUJDP F EJ RVFMMP FMFUUSJDP FE JM QPSUFMMP EJ DIJVTVSB DPO DBCMBHHJP JODPSQPSBUP FE FTUSBJCJMF BHFWPMBOP MB NBOVUFO[JPOF TVM QPTUP

DPOTJHMJ TVMM VUJMJ[[P

6UJMJ[[P - BCJUVBMF HSBEFWPMF[[B EFMMB MVDF GPSOJUB EBHMJ BQQBSFDDIJ B MVDF SJnFTTB OPO OF QFOBMJ[[B J SFOEJNFOUJ JMMVNJOPUFDOJDJ - BOEBNFOUP SPUPTJNNFUSJDP EFMM FNJTTJPOF MVNJOPTB OF SFOEF PUUJNBMF M JNQJFHP JO UVUUF MF TJUVB[JPOJ EPWF TJB SJDIJFTUP VO JMMVNJOBNFOUP B ยก

4UVE 8 TPEJP -VY NFE -VY NBY

N

U

NU

NU

NU

183

184

"TUSB "SSFEP VSCBOP

%FTJHOFS 1 5PSDPMBDDJ

%FTJHO BGGBTDJOBOUF FE FTTFO[JBMF SFTJTUFO[B BHMJ BHFOUJ BUNPTGFSJDJ GBDJMJUË EJ NBOVUFO[JPOF VO BNQJB HBNNB EJ PUUJDIF TJNNFUSJDIF F BTJNFUUSJDIF BE BMUJTTJNF QSFTUB[JPOJ QFS VOJSF GVO[JPOBMJUË FE FTUFUJDB TPOP J QVOUJ EJ GPS[B EJ VO TJTUFNB DPODFQJUP QFS SJTQPOEFSF DPO nFTTJCJMJUË FE FGmDBDJB B UVUUF MF NPEFSOF FTJHFO[F EFMM BSSFEP VSCBOP 3FBMJ[[BUP JO UFDOPQPMJNFSP SJOGPS[BUP F BMMVNJOJP "TUSB Ò VO BQQBSFDDIJP PUUJNBMF QFS BNCJFOUJ TBMNBTUSJ FE PTUJMJ *M TJTUFNB "TUSB TJ DPNQPOF EJ UFTUBQBMP B USJQPEF BDDFTTPSJ QFS NPOUBHHJP BODIF B QBSFUF CSBDDJ QFS DPNQPTJ[JPOJ TJOHPMF EPQQJF F USJQMF QBMJ EJ USF BMUF[[F EJWFSTF QFS NPOUBHHJP JOUFSSBUP P B nBOHJB - FTDMVTJWB PUUJDB DVU PGG QSPHFUUBUB FTQSFTTBNFOUF QFS "TUSB Ò QBSUJDPMBSNFOUF FGmDBDF OFMM JMMVNJOB[JPOF EJ QFSDPSTJ TUSBEBMJ F DJDMBCJMJ 3FBMJ[[BUB JO NBUFSJBMF QMBTUJDP UFSNPJOEVSFOUF WFSOJDJBUP JO BMUPWVPUP IB VO HSJQ FMFWBUP DIF OF QFSNFUUF VOB HFTUJPOF TFNQMJmDBUB TFO[B HVBOUJ &MFHBOUF F JOOPWBUJWP "TUSB SJTQFUUB MF OPSNBUJWF JOUFSOB[JPOBMJ MF MFHHJ SFHJPOBMJ F J SFHPMBNFOUJ DPNVOBMJ FTJTUFOUJ JO NBUFSJB EJ SJEV[JPOF EFMM JORVJOBNFOUP MVNJOPTP

185

"TUSB 1JBOP "SSFEP VSCBOP

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS VUJMJ[[P TV "TUSB 4ZTUFN P "TUSB 4ZTUFN QBSFUF

1FDVMJBSJUË .BOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB TFNQMJmDBUB EB BDDFTTP BM WBOP PUUJDP TFO[B BUUSF[[J "MUF[[B FTUSFNBNFOUF SJEPUUB NN

&MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB BTJNNFUSJDB /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFMM BQQBSFDDIJP USBNJUF TF[JPOBUPSF $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

$PMPSF "OUSBDJUF

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$BSBUUFSJTUJDIF UFDOJDIF t "OFMMP QPSUBOUF JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP BOPEJ[[BUP DPO BQFSUVSB B DFSOJFSB t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 0UUJDB BTJNNFUSJDB JO BMMVNJOJP t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP WFSTJPOF '4.) t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF t "MJNFOUB[JPOF FMFUUSPOJDB WFSTJPOF '4.)

t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB WFSTJPOF '4.)

"DDFTTPSJ $PNQPTJ[JPOJ "TUSB 4ZTUFN

"TUSB 1JBOP 1PUFO[B '#5 '4.)

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP 186

$PMPSF 8 & Y 8 (Y R t

$PEJDF

"OUSBDJUF

4

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

4&

8 &

"OUSBDJUF

4

45 4&

8 &

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

- NN

*1

t

"TUSB 1JBOP 5FTBUB "SSFEP VSCBOP

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS TPTQFOTJPOF B UFTBUB BVUPMJWFMMBOUF $PMPSF "OUSBDJUF

"ODPSBHHJP BMMB GVOF EJ UFTBUB TV QVOUJ BE JOTUBMMB[JPOF BHFWPMBUB EB TJTUFNB BHHBODJP BOUJDBEVUB 4JTUFNB EJ CJMBODJBNFOUP BVUPMJWFMMBOUF DPO QPTTJCJMJUË EJ CMPDDBHHJP $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJB[[F

$BSBUUFSJTUJDIF UFDOJDIF t 'JTTBHHJP B UFTBUB JO BDDJBJP JOPY B BHHBODJ 1FDVMJBSJUË t "OFMMP QPSUBOUF JO BMMVNJOJP QSFTTPGVTP .BOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB TFNQMJmDBUB t $PSQP JO BMMVNJOJP BOPEJ[[BUP EB BDDFTTP BM WBOP PUUJDP TFO[B BUUSF[[J DPO BQFSUVSB B DFSOJFSB t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF "MUF[[B FTUSFNBNFOUF SJEPUUB NN

EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB BTJNNFUSJDB t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFM QPSUFMMP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF USBNJUF TF[JPOBUPSF t "MJNFOUB[JPOF FMFUUSPOJDB 1PTTJCJMJUË EJ FGGFUUVBSF FOUSB FE FTDJ t -BNQBEF nVPSFTDFOUJ DPNQBUUF DPO QSFTTBDBWP B SJDIJFTUB t 1SFTTBDBWP NFUSJDP . Y QFS DBWP NN B NN t 7JUFSJB JO BDDJBJP JOPY t -BNQBEB JODMVTB

4JTUFNB UFTBUB

"TUSB 1JBOP 5FTBUB 1PUFO[B '4.)

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

Y 8 (Y R

$PMPSF

$PEJDF

"OUSBDJUF

4

*1

187

188

"TUSB 1JBOP 5SJQPEF "SSFEP VSCBOP

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS VUJMJ[[P TV QBMP NN JO UFTUB

$BSBUUFSJTUJDIF UFDOJDIF t 5SJQPEF JO BDDJBJP [JODBUP B DBMEP DPNQMFUP EJ SBDDPSEP NN JO GVTJPOF EJ BMMVNJOJP t "OFMMP QPSUBOUF JO BMMVNJOJP QSFTTPGVTP $PMPSF t $PSQP JO BMMVNJOJP BOPEJ[[BUP "OUSBDJUF DPO BQFSUVSB B DFSOJFSB t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ t 0UUJDB BTJNNFUSJDB JO BMMVNJOJP QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP WFSTJPOF '4.)

QSJWBUF F QVCCMJDIF QJB[[F t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF 1FDVMJBSJUË t "MJNFOUB[JPOF FMFUUSPOJDB WFSTJPOF '4.)

.BOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB TFNQMJmDBUB t 7JUFSJB JO BDDJBJP JOPY EB BDDFTTP BM WBOP PUUJDP TFO[B BUUSF[[J t -BNQBEB JODMVTB '4.) WFSTJPO

"MUF[[B FTUSFNBNFOUF SJEPUUB NN

&MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB BTJNNFUSJDB /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFMM BQQBSFDDIJP USBNJUF TF[JPOBUPSF $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP "TUSB 1JBOP 5SJQPEF 1PUFO[B '#5 '4.)

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

$PMPSF 8 & Y 8 (Y R t

$PEJDF

"OUSBDJUF

4

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

4&

8 &

"OUSBDJUF

4

45 4&

8 &

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

- NN

*1

t

189

190

191

"TUSB $POP "SSFEP VSCBOP

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS VUJMJ[[P TV "TUSB 4ZTUFNP P "TUSB 4ZTUFN QBSFUF $PMPSF "OUSBDJUF ø

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

1FDVMJBSJUË .BOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB TFNQMJmDBUB EB BDDFTTP BM WBOP PUUJDP TFO[B BUUSF[[J &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF MBUFSBMF F GSPOUBMF /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFMM BQQBSFDDIJP USBNJUF TF[JPOBUPSF $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF t "OFMMP QPSUBOUF JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP BOPEJ[[BUP DPO BQFSUVSB B DFSOJFSB t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF t 7JUFSJB JO BDDJBJP JOPY

"DDFTTPSJ $PNQPTJ[JPOJ "TUSB 4ZTUFN

"TUSB $POP 1PUFO[B

$PMPSF

$PEJDF

'#5

8 &

"OUSBDJUF

4

2&

8 &

"OUSBDJUF

4

2&

8 &

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

4&

8 &

"OUSBDJUF

4

45 4&

8 &

"OUSBDJUF

4

8 &

"OUSBDJUF

4

.&

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP 192

45 4& .5 .&

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

- NN

*1

"TUSB $POP 5FTBUB "SSFEP VSCBOP

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS TPTQFOTJPOF B UFTBUB BVUPMJWFMMBOUF $PMPSF "OUSBDJUF ø

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJB[[F

4JTUFNB UFTBUB

1FDVMJBSJUË .BOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB TFNQMJmDBUB EB BDDFTTP BM WBOP PUUJDP TFO[B BUUSF[[J &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB TJNNFUSJDB QFS JMMVNJOB[JPOF TV RVBUUSP MBUJ /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFMM BQQBSFDDIJP USBNJUF TF[JPOBUPSF 1PTTJCJMJUË EJ FGGFUUVBSF FOUSB FE FTDJ DPO QSFTTBDBWP B SJDIJFTUB

"ODPSBHHJP BMMB GVOF EJ UFTBUB TV QVOUJ BE JOTUBMMB[JPOF BHFWPMBUB EB TJTUFNB BHHBODJP BOUJDBEVUB 4JTUFNB EJ CJMBODJBNFOUP BVUPMJWFMMBOUF DPO QPTTJCJMJUË EJ CMPDDBHHJP $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF t 'JTTBHHJP B UFTBUB JO BDDJBP JOPY B BHHBODJ t "OFMMP QPSUBOUF JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP BOPEJ[[BUP DPO BQFSUVSB B DFSOJFSB t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF t 1SFTTBDBWP NFUSJDP . Y QFS DBWP NN B NN t 7JUFSJB JO BDDJBJP JOPY

"TUSB $POP 5FTBUB

1PUFO[B

$PEJDF

8 &

"OUSBDJUF

4

2&

8 &

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

4&

8 &

"OUSBDJUF

4

45 4& .&

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

$PMPSF

'#5

8 &

"OUSBDJUF

4

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

- NN

*1

193

194

"TUSB $POP 5SJQPEF "SSFEP VSCBOP

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS VUJMJ[[P TV QBMP NN

$PMPSF "OUSBDJUF

0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF MBUFSBMF F GSPOUBMF /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFMM BQQBSFDDIJP USBNJUF TF[JPOBUPSF $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$BSBUUFSJTUJDIF UFDOJDIF t 5SJQPEF JO BDDJBJP [JODBUP B DBMEP DPNQMFUP EJ SBDDPSEP NN JO GVTJPOF EJ BMMVNJOJP t "OFMMP QPSUBOUF JO BMMVNJOJP QSFTTPGVTP 1FDVMJBSJUË t $PSQP JO BMMVNJOJP BOPEJ[[BUP .BOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB TFNQMJmDBUB DPO BQFSUVSB B DFSOJFSB t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EB BDDFTTP BM WBOP PUUJDP TFO[B BUUSF[[J EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB TJNNFUSJDB QFS JMMVNJOB[JPOF TV RVBUUSP MBUJ t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF t 7JUFSJB JO BDDJBJP JOPY "TUSB $POP 5SJQPEF 1PUFO[B

$PMPSF

0UUJDB TJNNFUSJDB

0UUJDB BTJNNFUSJDB

'#5

8 &

"OUSBDJUF

4

4

2&

8 &

"OUSBDJUF

4

4

2&

8 &

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

4

4&

8 &

"OUSBDJUF

4

4

45 4&

8 &

"OUSBDJUF

4

4

.&

8 &

"OUSBDJUF

4

4

45 4& .5 .&

8 &

"OUSBDJUF

4

4

45 4& .5 .&

8 &

"OUSBDJUF

4

4

45 4& .5 .&

8 &

"OUSBDJUF

4

- NN

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

- NN

*1

195

196

197

"TUSB $JSDP "SSFEP VSCBOP

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS VUJMJ[[P TV "TUSB 4ZTUFN P "TUSB 4ZTUFN QBSFUF

4DIFSNP QJBOP 547

$PMPSF "OUSBDJUF

&MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF MBUFSBMF F GSPOUBMF /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFMM BQQBSFDDIJP USBNJUF TF[JPOBUPSF $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$BSBUUFSJTUJDIF UFDOJDIF t "OFMMP QPSUBOUF JO BMMVNJOJP QSFTTPGVTP t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP DPO BQFSUVSB B DFSOJFSB t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF "DDFTTPSJ $PNQPTJ[JPOJ EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF "TUSB 4ZTUFN t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF 1FDVMJBSJUË 547 P QPMJDBSCPOBUP CPNCBUP USBTQBSFOUF 541 .BOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB TFNQMJmDBUB t 7JUFSJB JO BDDJBJP JOPY EB BDDFTTP BM WBOP PUUJDP TFO[B BUUSF[[J

4DIFSNP CPNCBUP 541

1PUFO[B

t

198

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

$PMPSF

4DIFSNP QJBOP t

4DIFSNP CPNCBUP

'#5

8 &

"OUSBDJUF

.

.

2&

8 &

"OUSBDJUF

.

.

2&

8 &

"OUSBDJUF

.

.

.5 .&

8 &

"OUSBDJUF

.

.

4&

8 &

"OUSBDJUF

.

.

45 4&

8 &

"OUSBDJUF

.

.

.&

8 &

"OUSBDJUF

.

.

45 4& .5 .&

8 &

"OUSBDJUF

.

.

45 4& .5 .&

8 &

"OUSBDJUF

.

.

45 4& .5 .&

8 &

"OUSBDJUF

.

.

- NN

*1

"TUSB $JSDP 5SJQPEF "SSFEP VSCBOP

%FTJHOFS 1 5PSDPMBDDJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS VUJMJ[[P TV QBMP NN JO UFTUB $PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

1FDVMJBSJUË .BOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB TFNQMJmDBUB EB BDDFTTP BM WBOP PUUJDP TFO[B BUUSF[[J &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB TJNNFUSJDB QFS JMMVNJOB[JPOF TV RVBUUSP MBUJ PUUJNBMF QFS JMMVNJOB[JPOF QBSDIFHHJ 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF MBUFSBMF F GSPOUBMF /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFMM BQQBSFDDIJP USBNJUF TF[JPOBUPSF $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF t 5SJQPEF JO BDDJBJP [JODBUP B DBMEP DPNQMFUP EJ SBDDPSEP NN JO GVTJPOF EJ BMMVNJOJP t "OFMMP QPSUBOUF JO BMMVNJOJP QSFTTPGVTP t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP DPO BQFSUVSB B DFSOJFSB t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP t %JGGVTPSF JO WFUSP QJBOP UFNQFSBUP USBTQBSFOUF 547 P QPMJDBSCPOBUP CPNCBUP USBTQBSFOUF 541

t 7JUFSJB JO BDDJBJP JOPY

4DIFSNP QJBOP 547

0UUJDB TJNNFUSJDB 1PUFO[B

4DIFSNP CPNCBUP 541

$PMPSF

t

4DIFSNP CPNCBUP

8 &

"OUSBDJUF

.

.

2&

8 &

"OUSBDJUF

.

.

.5 .&

8 &

"OUSBDJUF

.

.

4&

8 &

"OUSBDJUF

.

.

45 4&

8 &

"OUSBDJUF

.

.

.&

8 &

"OUSBDJUF

.

.

45 4& .5 .&

8 &

"OUSBDJUF

.

.

45 4& .5 .&

8 &

"OUSBDJUF

.

.

0UUJDB BTJNNFUSJDB 1PUFO[B

4DIFSNP QJBOP t

'#5

$PMPSF

4DIFSNP QJBOPt

4DIFSNP CPNCBUP

'#5

8 &

"OUSBDJUF

.

.

2&

8 &

"OUSBDJUF

.

.

2&

8 &

"OUSBDJUF

.

.

.5 .&

8 &

"OUSBDJUF

.

.

4&

8 &

"OUSBDJUF

.

.

45 4&

8 &

"OUSBDJUF

.

.

.&

8 &

"OUSBDJUF

.

.

45 4& .5 .&

8 &

"OUSBDJUF

.

.

45 4& .5 .&

8 &

"OUSBDJUF

.

.

45 4& .5 .&

8 &

"OUSBDJUF

.

.

- NN

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

*1

199

"TUSB 5FTUBQBMP

NPOUBHHJP B QBMP

"SSFEP VSCBOP

"DDFTTPSJP "DDFTTPSJP QFS VUJMJ[[P TV QBMJ NN JO UFTUB $PMPSF "OUSBDJUF

$BSBUUFSJTUJDIF UFDOJDIF t 5FTUBQBMP JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t #SBDDJP JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

1FDVMJBSJUË 1PTTJCJMJUË EJ VUJMJ[[P QBMJ P CSBDDJ NN HJË BDRVJTUBUJ &DPOPNJDJUË

"TUSB UFTUBQBMP B MVDF %JNFOTJPOJ

$PMPSF

$PEJDF

9 Y NN

"OUSBDJUF

4

"TUSB UFTUBQBMP B MVDJ

%JNFOTJPOJ

$PMPSF

$PEJDF

9 Y NN

"OUSBDJUF

4

NPOUBHHJP B QBMP

"TUSB 5FTUBQBMP

"DDFTTPSJP "DDFTTPSJP QFS VUJMJ[[P TV QBMJ NN JO UFTUB $PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

1FDVMJBSJUË 1PTTJCJMJUË EJ VUJMJ[[P QBMJ P CSBDDJ NN HJË BDRVJTUBUJ &DPOPNJDJUË $BSBUUFSJTUJDIF UFDOJDIF t 5FTUBQBMP JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t #SBDDJP JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

"TUSB UFTUBQBMP B MVDF

200

%JNFOTJPOJ

$PMPSF

$PEJDF

9 Y NN

"OUSBDJUF

4

"TUSB UFTUBQBMP B MVDJ %JNFOTJPOJ

$PMPSF

$PEJDF

Y 9 NN

"OUSBDJUF

4

NPOUBHHJP B QBSFUF

"TUSB 1BSFUF "SSFEP VSCBOP

"DDFTTPSJP #SBDDJP QFS VUJMJ[[P B QBSFUF TQPSHFO[B UPUBMF NN

$BSBUUFSJTUJDIF UFDOJDIF t 4UBGGB EJ mTTBHHJP JO GVTJPOF EJ BMMVNJOJP t #SBDDJP JO BDDJBJP [JODBUP B DBMEP ˜N 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

$PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJB[[F

"TUSB 1BSFUF

%JNFOTJPOJ

$PMPSF

$PEJDF

Y NN

"OUSBDJUF

/

NPOUBHHJP B QBSFUF

"TUSB 1BSFUF

"DDFTTPSJP #SBDDJP QFS VUJMJ[[P B QBSFUF TQPSHFO[B UPUBMF NN

$BSBUUFSJTUJDIF UFDOJDIF t 4UBGGB EJ mTTBHHJP JO GVTJPOF EJ BMMVNJOJP t #SBDDJP JO BDDJBJP [JODBUP B DBMEP ˜N 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

$PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJB[[F

"TUSB 1BSFUF

%JNFOTJPOJ

$PMPSF

$PEJDF

Y NN

"OUSBDJUF

/

201

"TUSB 4ZTUFN

NPOUBHHJP B QBMP JOUFSSBUP

"SSFEP VSCBOP

$PNQPTJ[JPOF NPOUBHHJP JOUFSSBUP TZTUFN " 1BMP DJMJOESJDP Y NN 1BMP SBTUSFNBUP DPO HJVO[JPOF B NF[[P CVMMPOJ Y NN 3BDDPSEJ EJ DPOOFTTJPOF QFS CSBDDJ F WJUFSJB #SBDDJP MVOHIF[[B NN

$BSBUUFSJTUJDIF UFDOJDIF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t #SBDDJP JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 3BDDPSEJ EJ DPOOFTTJPOF JO BMMVNJOJP QSFTTPGVTP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

$PNQPTJ[JPOF NPOUBHHJP QMJOUP P QBWJNFOUB[JPOF TZTUFN # 1BMP DJMJOESJDP Y NN 1BMP SBTUSFNBUP DPO HJVO[JPOF B NF[[P CVMMPOJ Y NN 3BDDPSEJ EJ DPOOFTTJPOF QFS CSBDDJ F WJUFSJB #SBDDJP MVOHIF[[B NN

$BSBUUFSJTUJDIF UFDOJDIF QBMP I NN t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP DJMJOESJDP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

$PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

$BSBUUFSJTUJDIF UFDOJDIF QBMP I NN t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP SBTUSFNBUP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t #VMMPOJ EJ HJVO[JPOF . JO BDDJBJP [JODBUP B DBMEP

1BMP JOUFSSBUP 4ZTUFN " "MUF[[B UPUBMF

"MUF[[B EB UFSSB

MVDF

MVDJ

MVDJ

NN

NN

/

/

/

NN

NN

/

/

/

NN

NN

/

/

/

202

NPOUBHHJP B QBMP nBOHJBUP

"TUSB 4ZTUFN "SSFEP VSCBOP

ย

ย

ย

Y

'MBOHJB I

'MBOHJB I

ย

. ย

1BSUJDPMBSF SBTUSFNBUVSB

ยก

1BMP nBOHJBUP 4ZTUFN # "MUF[[B UPUBMF

"MUF[[B EB UFSSB

MVDF

MVDJ

MVDJ

NN

NN

/

/

/

NN

NN

/

/

/

NN

NN

/

/

/

203

"TUSB 4ZTUFN

NPOUBHHJP B QBMP JOUFSSBUP

"SSFEP VSCBOP

$PNQPTJ[JPOF NPOUBHHJP JOUFSSBUP TZTUFN "

1BMP DJMJOESJDP Y NN 1BMP SBTUSFNBUP DPO HJVO[JPOF B NF[[P CVMMPOJ Y NN 3BDDPSEJ EJ DPOOFTTJPOF QFS CSBDDJ F WJUFSJB #SBDDJP MVOHIF[[B NN

$BSBUUFSJTUJDIF UFDOJDIF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t #SBDDJP JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 3BDDPSEJ JO BMMVNJOJP QSFTTPGVTP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

$PNQPTJ[JPOF NPOUBHHJP QMJOUP P QBWJNFOUB[JPOF TZTUFN # 1BMP DJMJOESJDP Y NN 1BMP SBTUSFNBUP DPO HJVO[JPOF B NF[[P CVMMPOJ Y NN DPNQMFUP EJ nBOHJB F UJSBGPOEJ 3BDDPSEJ EJ DPOOFTTJPOF QFS CSBDDJ F WJUFSJB #SBDDJP MVOHIF[[B NN

$BSBUUFSJTUJDIF UFDOJDIF QBMP I NN t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 5JSBGPOEJ . 9 NN NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP DJMJOESJDP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

$PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

$BSBUUFSJTUJDIF UFDOJDIF QBMP I NN t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP SBTUSFNBUP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t #VMMPOJ EJ HJVO[JPOF . JO BDDJBJP [JODBUP B DBMEP

1BMP JOUFSSBUP 4ZTUFN " "MUF[[B UPUBMF

"MUF[[B EB UFSSB

MVDF

MVDJ

MVDJ

NN NN

NN

/

/

/

NN

/

/

NN

/

NN

/

/

/

204

NPOUBHHJP B QBMP nBOHJBUP

"TUSB 4ZTUFN "SSFEP VSCBOP

ย

ย

ย

Y

'MBOHJB I

'MBOHJB I

ย

. ย

1BSUJDPMBSF SBTUSFNBUVSB

ยก

1BMP nBOHJBUP 4ZTUFN # "MUF[[B UPUBMF

"MUF[[B EB UFSSB

MVDF

MVDJ

MVDJ

NN NN

NN

/

/

/

NN

/

/

NN

/

NN

/

/

/

205

PUUJDB TJNNFUSJDB

"TUSB "SSFEP VSCBOP

0UUJDB TJNNFUSJDB - PUUJDB TJNNFUSJDB EJ "TUSB Ò TUBUB TUVEJBUB QFS PUUFOFSF BMUJ SFOEJNFOUJ JMMVNJOPUFDOJDJ F HBSBOUJSF B QBSJUË EJ QPUFO[B JOUFSBTTJ FMFWBUJ DPO DPOTFHVFOUF NBHHJPSF FDPOPNJDJUË EJ BDRVJTUP F NBOVUFO[JPOF -B QBSUJDPMBSF DPOGPSNB[JPOF EFMM PUUJDB DPOTFOUF VOB QSPJF[JPOF RVBESBUB F OPO DJSDPMBSF EFM GBTDJP MVNJOPTP DPO JM DPOTFHVFOUF PUUFOJNFOUP EJ VOB QFSGFUUB PNPHFJOJUË EJ MVDF B UFSSB OFMMF BSFF EJ QBSDIFHHJP TV QJBOUB SFUUBOHPMBSF 6UJMJ[[P 1BSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F $65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

PUUJDB BTJNNFUSJDB

0UUJDB BTJNNFUSJDB - PUUJDB BTJNNFUSJDB EJ "TUSB Ò TUBUB TUVEJBUB QFS PUUFOFSF BMUJ SFOEJNFOUJ JMMVNJOPUFDOJDJ F HBSBOUJSF B QBSJUË EJ QPUFO[B JOUFSBTTJ FMFWBUJ DPO DPOTFHVFOUF NBHHJPSF FDPOPNJDJUË EJ BDRVJTUP F NBOVUFO[JPOF -B QBSUJDPMBSF DPOGPSNB[JPOF EFMM PUUJDB DPOTFOUF VOB QSPJF[JPOF iBE BMJ EJ QJQJTUSFMMPw JEFBMF QFS VOB DPSSFUUB JMMVNJOB[JPOF EJ WJF QSJNBSJF F TFDPOEBSJF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

PUUJDB BTJNNFUSJDB "TUSB 1JBOP QFS MBNQBEB nVPSFTDFOUF

0UUJDB BTJNNFUSJDB "TUSB 1JBOP - PUUJDB BTJNNFUSJDB EJ "TUSB QJBOP Ò TUBUB BQQPTJUBNFOUF TUVEJBUB QFS PUUJNJ[[BSF SFOEJNFOUJ JMMVNJOPUFDOJDJ FE PNPHFJOBJUË EJ MVDF JO GVO[JPOF EFMMB SJEPUUJTTJNB BMUF[[B EFMM BQQBSFDDIJP NN F EFMM VUJMJ[[P EJ MBNQBEF nVPSFTDFOUJ DPNQBUUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

PUUJDB BTJNNFUSJDB "TUSB 1JBOP

0UUJDB BTJNNFUSJDB "TUSB 1JBOP - PUUJDB BTJNNFUSJDB EJ "TUSB 1JBOP Ò TUBUB TUVEJBUB QFS PUUFOFSF BMUJ SFOEJNFOUJ JMMVNJOPUFDOJDJ F HBSBOUJSF B QBSJUË EJ QPUFO[B JOUFSBTTJ FMFWBUJ DPO DPOTFHVFOUF NBHHJPSF FDPOPNJDJUË EJ BDRVJTUP F NBOVUFO[JPOF -B QBSUJDPMBSF DPOGPSNB[JPOF EFMM PUUJDB DPOTFOUF VOB QSPJF[JPOF iBE BMJ EJ QJQJTUSFMMPw JEFBMF QFS VOB DPSSFUUB JMMVNJOB[JPOF EJ WJF QSJNBSJF F TFDPOEBSJF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP 206

QFDVMJBSJUË

"TUSB "SSFEP VSCBOP

7BOUBHHJ t 4QFDJmDJUË PUUJDIF DVU PGG BTJNNFUSJDB F TJNNFUSJDB t &MFWBUP JOUFSBTTF QBMJ EB BSNBUVSB TUSBEBMF QFS SFOEJNFOUP JMMVNJOPUFDOJDP t 3FTJTUFO[B JO BNCJFOUJ BMUBNFOUF TBMNBTUSJ FE PTUJMJ QFS VUJMJ[[P UFDOPQPMJNFSP SJOGPS[BUP t 3FTJTUFO[B BHMJ VSUJ QFS VUJMJ[[P UFDOPQPMJNFSP SJOGPS[BUP t "NQJF[[B HBNNB QFS GPSNF NBUFSJBMJ F WFSTJPOJ EJTQPOJCJMJ t 7FSTBUJMJUË VUJMJ[[P MBNQBEF t .PSTFUUJFSB JODMVTB TV 4ZTUFN t &MFWBUP HSBEP EJ QSPUF[JPOF *1 F EJ JTPMBNFOUP $MBTTF ** t $POGPSNF BMMF MFHHJ SFHJPOBMJ FE JOUFSOB[JPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

NBOVUFO[JPOF

4JTUFNB NBOVUFOUJWP -B NBOVUFO[JPOF EJ "TUSB Ò GBDJMF F TJDVSB *M WBOP PUUJDP QVÛ FTTFSF BQFSUP BHFWPMNFOUF TFO[B HVBOUJ F UVUUJ HMJ JOUFSWFOUJ PSEJOBSJ F TUSBPSEJOBSJ BODIF TVMMB DPNQPOFOUJTUJDB FMFUUSJDB QPTTPOP FTTFSF FGGFUUVBUJ EJSFUUBNFOUF TVM QPTUP

DPOTJHMJ TVMM VUJMJ[[P

"TUSB $POP "TJNNFUSJDP 8 TPEJP -VY NFE -VY NBY

"TUSB $JSDP 5SJQPEF 4JNNFUSJDP 8 TPEJP -VY NFE -VY NBY

NU

NU

NU

N

U

N

U

NU N

U

NU

NU

"TUSB 1JBOP "TJNNFUSJDP 8 TPEJP -VY NFE -VY NBY

NU

NU

NU

207

208

,J BSB "SSFEP VSCBOP

%FTJHOFS . .BHHJPOJ

"CCJBNP VO TPHOP JMMVNJOBSF MF DJUUร DPOUFNQPSBOFF QFS SFOEFSMF QJรก CFMMF F TJDVSF DPO TJTUFNJ DIF TBQQJBOP DPOJVHBSF EFTJHO F TJDVSF[[B FTUFUJDB F QSFTUB[JPOJ *O RVFTUP TFOTP PHOJ OPTUSP QSPEPUUP ร GSVUUP EJ VOB WFSB F QSPQSJB TmEB UFDOJDB F QSPHFUUVBMF $PO ,J BSB BCCJBNP WPMVUP SFBMJ[[BSF VO BQQBSFDDIJP EJ BSSFEP VSCBOP JOUFSBNFOUF JO NBUFSJBMF QMBTUJDP DBQBDF EJ HBSBOUJSF SPCVTUF[[B F SFTJTUFO[B BODIF JO BNCJFOUJ QBSUJDPMBSNFOUF EJGmDJMJ DPNF QFS FTFNQJP RVFMMJ TBMNBTUSJ -B MJOFB MFHHFSB F HJPDPTB JO NPOPTDPDDB SPNQF DPO EFDJTJPOF HMJ TDIFNJ QJรก DMBTTJDJ EFM EFTJHO F QSPQPOF VOB TPMV[JPOF PSJHJOBMF F VOJDB DBSBUUFSJ[[BUB EB GPSNF NPSCJEF F BDDBUUJWBOUJ EJWFSUFOUJ F JOOPWBUJWF 5SB MF DBSBUUFSJTUJDIF WJODFOUJ EJ RVFTUP BQQBSFDDIJP SJDPSEJBNP M FDDF[JPOBMF SFOEJNFOUP EFMMF QBSBCPMF DIF QFSNFUUPOP JOUFSBTTJ MVOHIJ MB QPTTJCJMJUร EJ BQQMJDB[JPOF TV QBMJ HJร FTJTUFOUJ M BUUFO[JPOF BMMB TJDVSF[[B FWJEFO[JBUB EBMMB QSFTFO[B EJ VO TF[JPOBUPSF EJ SFUF F EBMM BQQBSUFOFO[B BMMB DMBTTF ** ,J BSB ร TFO[B EVCCJP VOP EFJ GSVUUJ QJรก JOUFSFTTBOUJ EFMMB OPTUSB SJDFSDB VO FTFNQJP QBSUJDPMBSNFOUF FDMBUBOUF EFMMB iOVPWBw .BSFDP -VDF 1FS GBS VTDJSF MF OPTUSF DJUUร EBMM PNCSB EFMM BOPOJNBUP

209

UFTUBQBMP TJOHPMP

,J BSB "SSFEP VSCBOP

%FTJHOFS . .BHHJPOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG VOB MVDF QFS VUJMJ[[P TV QBMJ NN TQFTTPSF NN NBY

$PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

1FDVMJBSJUË 6UJMJ[[P TV QBMJ F DPNQPTJ[JPOJ HJË BDRVJTUBUJ NN &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF MBUFSBMF F GSPOUBMF $PSQP NPOPTDPDDB JO NBUFSJBMF QMBTUJDP $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP 3FTJTUFO[B JO BNCJFOUJ BMUBNFOUF TBMJOJ FE PTUJMJ $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFDOPQPMJNFSP t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP t %JGGVTPSF JO WFUSP UFNQFSBUP t $PSOJDF EJ DIJVTVSB JO UFDOPQPMJNFSP t 7JUFSJB JO BDDJBJP JOPY

1PUFO[B

$PMPSF

$PEJDF

'#5

8 &

"OUSBDJUF

.

2&

8 &

"OUSBDJUF

.

.5 .&

8 &

"OUSBDJUF

.

4&

8 &

"OUSBDJUF

.

45 4&

8 &

"OUSBDJUF

.

.&

8 &

"OUSBDJUF

.

45 4& .5 .&

8 &

"OUSBDJUF

.

45 4& .5 .&

8 &

"OUSBDJUF

.

NBY - NN

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP 210

*1

UFTUBQBMP EPQQJP

,J BSB "SSFEP VSCBOP

%FTJHOFS . .BHHJPOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG MVDJ QFS VUJMJ[[P TV QBMJ NN TQFTTPSF NN NBY $PMPSF "OUSBDJUF

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

1FDVMJBSJUË 6UJMJ[[P TV QBMJ F DPNQPTJ[JPOJ HJË BDRVJTUBUJ NN &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF MBUFSBMF F GSPOUBMF $PSQP NPOPTDPDDB JO NBUFSJBMF QMBTUJDP $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP 3FTJTUFO[B JO BNCJFOUJ BMUBNFOUF TBMJOJ FE PTUJMJ $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFDOPQPMJNFSP t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP t %JGGVTPSF JO WFUSP UFNQFSBUP t $PSOJDF EJ DIJVTVSB JO UFDOPQPMJNFSP t 7JUFSJB JO BDDJBJP JOPY

1PUFO[B

$PMPSF

$PEJDF

'#5

Y 8 &

"OUSBDJUF

.

2&

Y 8 &

"OUSBDJUF

.

.5 .&

Y 8 &

"OUSBDJUF

.

4&

Y 8 &

"OUSBDJUF

.

45 4&

Y 8 &

"OUSBDJUF

.

.&

Y 8 &

"OUSBDJUF

.

45 4& .5 .&

Y 8 &

"OUSBDJUF

.

45 4& .5 .&

Y 8 &

"OUSBDJUF

.

NBY - NN

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

*1

211

TJOHPMP

,J BSB 4ZTUFN "SSFEP VSCBOP

%FTJHOFS . .BHHJPOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG VOB MVDF DPO QBMP 1FS VUJMJ[[P JOUFSSBUP BMUF[[B UPUBMF NN P NN 4ZTUFN " TJOHPMP

1FS VUJMJ[[P TV QMJOUP P QBWJNFOUB[JPOF BMUF[[B UPUBMF NN P NN 4ZTUFN # TJOHPMP DPNQMFUP EJ nBOHJB F UJSBGPOEJ $PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

1FDVMJBSJUË &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF MBUFSBMF F GSPOUBMF $PSQP NPOPTDPDDB JO NBUFSJBMF QMBTUJDP $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP 3FTJTUFOUF JO BNCJFOUJ BMUBNFOUF TBMJOJ FE PTUJMJ $BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP 6/* &/

t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t $BSUFS EJ DPQFSUVSB nBOHJB JO UFDOPQPMJNFSP t $PSQP JO UFDOPQPMJNFSP t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP t %JGGVTPSF JO WFUSP UFNQFSBUP t $PSOJDF EJ DIJVTVSB JO UFDOPQPMJNFSP SJOGPS[BUP t 7JUFSJB JO BDDJBJP JOPY

*1

212

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

JOUFSSBUP

,J BSB 4ZTUFN " "SSFEP VSCBOP

1BMP JOUFSSBUP NN

1PUFO[B

"OUSBDJUF

.

2&

8 &

"OUSBDJUF

.

.5 .&

8 &

"OUSBDJUF

.

4&

8 &

"OUSBDJUF

.

45 4&

$PEJDF

8 &

.&

$PMPSF

'#5

8 &

"OUSBDJUF

.

8 &

"OUSBDJUF

.

45 4& .5 .&

8 &

"OUSBDJUF

.

45 4& .5 .&

8 &

"OUSBDJUF

.

$PMPSF

$PEJDF

1BMP JOUFSSBUP NN 1PUFO[B '#5

8 &

"OUSBDJUF

.

2&

8 &

"OUSBDJUF

.

.5 .&

8 &

"OUSBDJUF

.

4&

8 &

"OUSBDJUF

.

45 4&

.&

8 &

"OUSBDJUF

.

8 &

"OUSBDJUF

.

45 4& .5 .&

8 &

"OUSBDJUF

.

45 4& .5 .&

8 &

"OUSBDJUF

.

NBY - NN

nBOHJBUP

,J BSB 4ZTUFN #

1BMP nBOHJBUP NN

1PUFO[B

"OUSBDJUF

.

2&

8 &

"OUSBDJUF

.

.5 .&

8 &

"OUSBDJUF

.

4&

8 &

"OUSBDJUF

.

45 4&

$PEJDF

8 &

.&

8 &

"OUSBDJUF

.

8 &

"OUSBDJUF

.

45 4& .5 .&

8 &

"OUSBDJUF

.

45 4& .5 .&

8 &

"OUSBDJUF

.

$PMPSF

$PEJDF

1BMP nBOHJBUP NN 1PUFO[B '#5

8 &

"OUSBDJUF

.

2&

8 &

"OUSBDJUF

.

.5 .&

8 &

"OUSBDJUF

.

4&

8 &

"OUSBDJUF

.

45 4& .&

$PMPSF

'#5

Y

8 &

"OUSBDJUF

.

8 &

"OUSBDJUF

.

45 4& .5 .&

8 &

"OUSBDJUF

.

45 4& .5 .&

8 &

"OUSBDJUF

.

NBY - NN

213

EPQQJP

,J BSB 4ZTUFN "SSFEP VSCBOP

%FTJHOFS . .BHHJPOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG EVF MVDJ DPO QBMP 1FS VUJMJ[[P JOUFSSBUP BMUF[[B UPUBMF NN P NN 4ZTUFN " EPQQJP

1FS VUJMJ[[P TV QMJOUP P QBWJNFOUB[JPOF BMUF[[B UPUBMF NN P NN 4ZTUFN # EPQQJP DPNQMFUP EJ nBOHJB F UJSBGPOEJ $PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

1FDVMJBSJUË &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF MBUFSBMF F GSPOUBMF $PSQP NPOPTDPDDB JO NBUFSJBMF QMBTUJDP $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP 3FTJTUFO[B JO BNCJFOUJ BMUBNFOUF TBMJOJ FE PTUJMJ $BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP 6/* &/

t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t $BSUFS EJ DPQFSUVSB nBOHJB JO UFDOPQPMJNFSP t $PSQP JO UFDOPQPMJNFSP t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP t %JGGVTPSF JO WFUSP UFNQFSBUP t $PSOJDF EJ DIJVTVSB JO UFDOPQPMJNFSP SJOGPS[BUP t 7JUFSJB JO BDDJBJP JOPY

*1

214

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

JOUFSSBUP

,J BSB 4ZTUFN " "SSFEP VSCBOP

1BMP JOUFSSBUP NN

1PUFO[B

$PMPSF Y 8 &

"OUSBDJUF

.

2&

Y 8 &

"OUSBDJUF

.

.5 .&

Y 8 &

"OUSBDJUF

.

4&

Y 8 &

"OUSBDJUF

.

45 4&

Y 8 &

"OUSBDJUF

.

.&

Y 8 &

"OUSBDJUF

.

45 4& .5 .&

Y 8 &

"OUSBDJUF

.

45 4& .5 .&

Y 8 &

"OUSBDJUF

.

$PMPSF

$PEJDF

1BMP JOUFSSBUP NN 1PUFO[B '#5

Y 8 &

"OUSBDJUF

.

2&

Y 8 &

"OUSBDJUF

.

.5 .&

Y 8 &

"OUSBDJUF

.

4&

Y 8 &

"OUSBDJUF

.

45 4&

$PEJDF

'#5

Y 8 &

"OUSBDJUF

.

.&

Y 8 &

"OUSBDJUF

.

45 4& .5 .&

Y 8 &

"OUSBDJUF

.

45 4& .5 .&

Y 8 &

"OUSBDJUF

.

NBY - NN

nBOHJBUP

,J BSB 4ZTUFN #

1BMP nBOHJBUP NN 1PUFO[B

$PEJDF

Y 8 &

"OUSBDJUF

.

2&

Y 8 &

"OUSBDJUF

.

.5 .&

Y 8 &

"OUSBDJUF

.

4&

Y 8 &

"OUSBDJUF

.

45 4&

Y 8 &

"OUSBDJUF

.

.&

Y 8 &

"OUSBDJUF

.

45 4& .5 .&

Y 8 &

"OUSBDJUF

.

45 4& .5 .&

Y 8 &

"OUSBDJUF

.

$PMPSF

$PEJDF

1BMP nBOHJBUP NN

1PUFO[B

$PMPSF

'#5

Y

'#5

Y 8 &

"OUSBDJUF

.

2&

Y 8 &

"OUSBDJUF

.

.5 .&

Y 8 &

"OUSBDJUF

.

4&

Y 8 &

"OUSBDJUF

.

45 4&

Y 8 &

"OUSBDJUF

.

.&

Y 8 &

"OUSBDJUF

.

45 4& .5 .&

Y 8 &

"OUSBDJUF

.

45 4& .5 .&

Y 8 &

"OUSBDJUF

.

NBY - NN

215

216

QFDVMJBSJUË

,J BSB "SSFEP VSCBOP

7BOUBHHJ t 4QFDJmDJUË PUUJDB DVU PGG BTJNNFUSJDB t &MFWBUP JOUFSBTTF QBMJ EB BSNBUVSB TUSBEBMF QFS SFOEJNFOUP JMMVNJOPUFDOJDP t 3FTJTUFO[B JO BNCJFOUJ BMUBNFOUF TBMNBTUSJ FE PTUJMJ t 3FTJTUFO[B BHMJ VSUJ QFS VUJMJ[[P UFDOPQPMJNFSP SJOGPS[BUP t &MFWBUP HSBEP EJ QSPUF[JPOF *1 F EJ JTPMBNFOUP $MBTTF ** t 7FSTBUJMJUË VUJMJ[[P MBNQBEF t .PSTFUUJFSB JODMVTB TV 4ZTUFN t $POGPSNF BMMF MFHHJ SFHJPOBMJ FE JOUFSOB[JPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP t %FTJHO JOOPWBUJWP

NBOVUFO[JPOF

4JTUFNB NBOVUFOUJWP .BOVUFO[JPOF PSEJOBSJB F TUSBPSEJOBSJB DPO BDDFTTP BM WBOP PUUJDP USBNJUF WJUJ JNQFSEJCJMJ %JGGVTPSF DPO BQFSUVSB B DFSOJFSB

DPOTJHMJ TVMM VUJMJ[[P

- JNQJFHP EJ VO PUUJDB DVU PGG BTJNNFUSJDB WFSOJDJBUB JO BMUP WVPUP HBSBOUJTDF B RVFTUP BQQBSFDDIJP QFS EJNFOTJPOF F EFTJHO EB "SSFEP 6SCBOP SFOEJNFOUJ JMMVNJOPUFDOJDJ EB JNQJFHP TUSBEBMF DPO SJEV[JPOF EFJ QVOUJ MVDF JNQJFHBUJ F DPOTFHVFOUF FDPOPNJDJUË EJ BDRVJTUP F NBOVUFO[JPOF 6UJMJ[[P -B QBSUJDPMBSF DPOGPSNB[JPOF EFMM PUUJDB DPOTFOUF VOB QSPJF[JPOF iBE BMJ EJ QJQJTUSFMMPw JEFBMF QFS VOB DPSSFUUB JMMVNJOB[JPOF EJ WJF QSJNBSJF F TFDPOEBSJF

,J BSB "TJNNFUSJDP 8 TPEJP -VY NFE -VY NBY

N

U

NU

NU

NU

217

218

6GP "SSFEP VSCBOP

%FTJHOFS % #BSUPMJOJ

3FJOUFSQSFUBSF VO UFNB FTUFUJDP USB J QJรก DMBTTJDJ F BQQSF[[BUJ DPNF RVFMMP EFMMB DBNQBOB BCCBUUFOEP MJNJUJ UFDOJDJ BQQBSFOUFNFOUF JOTVQFSBCJMJ QSFTUB[JPOJ JMMVNJOPUFDOJDIF F QSBUJDJUร EJ NBOVUFO[JPOF JO QSJNJT EB RVFTUP BNCJ[JPTP PCJFUUJWP B[JFOEBMF ร OBUP 6GP VO OVPWP BQQBSFDDIJP DIF SFJOWFOUB MB USBEJ[JPOF F TFHOB QFS OPJ VO BMUSP QBTTP JNQPSUBOUF TVMMB TUSBEB EFM EFTJHO EFMM FGmDJFO[B MVNJOPTB EFMMB TJDVSF[[B 6GP SJQSPQPOF MB GPSNB TUPSJDB EFMMB DBNQBOB BTTPDJBUB B QBMJ QBTUPSBMF EFEJDBUJ BODIF JO MFHOP F DPOUFNQPSBOFBNFOUF BTTJDVSB QSFTUB[JPOJ JMMVNJOPUFDOJDIF EJ QSJNP QJBOP BEPUUB JOGBUUJ MF QBSBCPMF BE JOUFSBTTJ MVOHIJ -B nFTTJCJMJUร ร VO BMUSP QVOUP EJ GPS[B EJ 6GP - BQQBSFDDIJP QVร FTTFSF JOGBUUJ NPOUBUP B QBSFUF P JO DPNQPTJ[JPOF DPO EJWFSTF BMUF[[F F UJQPMPHJF EJ QBMJ JO GVO[JPOF EFMMF TUSBEF P EFHMJ TQB[J EB JMMVNJOBSF .BOVUFO[JPOF PSEJOBSJB QVร FTTFSF FGGFUUVBUB JO UVUUB GBDJMJUร F TFO[B CJTPHOP EJ BUUSF[[J EFEJDBUJ 6O DPODFQU NPEFSOP F JOOPWBUJWP SJWFTUJUP EJ VOB GPSNB DMBTTJDB FDDP JO FTUSFNB TJOUFTJ MB DBSBUUFSJTUJDB WJODFOUF EJ RVFTUB QJDDPMB HSBOEF OPWJUร mSNBUB .BSFDP -VDF

219

220

6GP "SSFEP VSCBOP

%FTJHOFS % #BSUPMJOJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS VUJMJ[[P TV 6GP 4ZTUFN 1BTUPSBMF 6GP 4ZTUFN P 6GP 4ZTUFN QBSFUF

$PMPSF "OUSBDJUF

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $PNQPTJ[JPOJ 6GP 4ZTUFN 1FDVMJBSJUË 'JTTBHHJP B QBMP B USF QVOUJ DPO HSBOJ F CVMMPOF QBTTBOUF EJ TJDVSF[[B .

&MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB TJNNFUSJDB QFS JMMVNJOB[JPOF TV RVBUUSP MBUJ PUUJNBMF QFS JMMVNJOB[JPOF QBSDIFHHJ

1PUFO[B

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

.BOVUFO[JPOF PSEJOBSJB TFNQMJmDBUB EB BDDFTTP BM WBOP PUUJDP TFO[B BUUSF[[J .BOVUFO[JPOF TUSBPSEJOBSJB TFNQMJmDBUB EB BDDFTTP BM WBOP DBCMBHHJP OFMMB QBSUF TVQFSJPSF F TFQBSBUP EBM WBOP PUUJDP 1JBTUSB QPSUBDBCMBHHJP GBDJMNFOUF FTUSBJCJMF BE BQQBSFDDIJP JOTUBMMBUP $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF t 4JTUFNB EJ mTTBHHJP B QBMP JO GVTJPOF EJ BMMVNJOJP t 1JBTUSB QPSUBDBCMBHHJP JO UFSNPJOEVSFOUF DPO JOOFTUP B TMJUUB t $BMPUUB EJ DPQFSUVSB JO UFSNPJOEVSFOUF t $PSQP B DBNQBOB JO BMMVNJOJP WFSOJDJBUP CJBODP JOUFSOBNFOUF DPO BQFSUVSB B DFSOJFSB t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF t 7JUFSJB JO BDDJBJP JOPY

$PMPSF

$PEJDF

'#5

8 &

"OUSBDJUF

4

2&

8 &

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

4&

8 &

"OUSBDJUF

4

45 4&

8 &

"OUSBDJUF

4

.&

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

NBY - NN

*1

221

222

QBMP QBTUPSBMF

6GP 4ZTUFN "SSFEP VSCBOP

$PNQPTJ[JPOF 1BMP QBTUPSBMF Y NN QFS VUJMJ[[P JOUFSSBUP 'JOJUVSB JO BMMVNJOJP BOPEJ[[BUP P JO MFHOP EJ QJOP OPSEJDP $PMPSF "OUSBDJUF -FHOP "OUSBDJUF "MMVNJOJP 6UJMJ[[P 7JF TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

$BSBUUFSJTUJDIF UFDOJDIF t 1BMP B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 1BTUPSBMF JO BDDJBJP [JODBUP B DBMEP NN t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t 'JOJUVSB JO FTUSVTP EJ BMMVNJOJP BOPEJ[[BUP t 'JOJUVSB JO MFHOP EJ QJOP OPSEJDP USBUUBUP JO BVUPDMBWF UBOBMJUI & t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

SBTUSFNBUVSB TVQFSJPSF

1BMP JOUFSSBUP "MUF[[B UPU

"MUF[[B EB UFSSB

"OUSBDJUF -FHOP

"OUSBDJUF "MMVNJOJP

NN

NN

4

4

SBTUSFNBUVSB JOGFSJPSF

223

6GP 4ZTUFN

NPOUBHHJP B QBMP JOUFSSBUP

"SSFEP VSCBOP

$PNQPTJ[JPOF NPOUBHHJP JOUFSSBUP TZTUFN "

1BMP DJMJOESJDP Y NN 3BDDPSEJ EJ DPOOFTTJPOF QFS CSBDDJ F WJUFSJB #SBDDJP QBTUPSBMF NN

"DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

$BSBUUFSJTUJDIF UFDOJDIF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t #SBDDJP UVCPMBSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 3BDDPSEJ EJ DPOOFTTJPOF JO BMMVNJOJP QSFTTPGVTP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

$PNQPTJ[JPOF NPOUBHHJP QMJOUP P QBWJNFOUB[JPOF TZTUFN #

1BMP DJMJOESJDP Y NN DPNQMFUP EJ nBOHJB F UJSBGPOEJ 3BDDPSEJ EJ DPOOFTTJPOF QFS CSBDDJ F WJUFSJB #SBDDJP QBTUPSBMF NN $PMPSF "OUSBDJUF

$BSBUUFSJTUJDIF UFDOJDIF QBMP I NN t 'MBOHJB Y NN TQFTTPSF NNJO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

1BMP JOUFSSBUP 4ZTUFN " "MUF[[B UPUBMF

"MUF[[B EB UFSSB

MVDF

MVDJ

MVDJ

NN NN

NN

4

4

4

NN

4

4

4

.POUBHHJP QBSFUF %JNFOTJPOJ

MVDF

Y NN

4

224

NPOUBHHJP B QBMP nBOHJBUP QBSFUF

6GP 4ZTUFN "SSFEP VSCBOP

Y

'MBOHJB I

1BSUJDPMBSF BUUBDDP QBSFUF

1BSUJDPMBSF BUUBDDP CSBDDJP

.POUBHHP B QBSFUF

.POUBHHP B QBMP MVDF

.POUBHHP B QBMP MVDJ

.POUBHHP B QBMP MVDJ

MVDF

MVDJ

MVDJ

4

1BMP nBOHJBUP 4ZTUFN # "MUF[[B UPUBMF

"MUF[[B EB UFSSB

NN

NN

4

4

4

NN

NN

4

4

4

.POUBHHJP QBSFUF %JNFOTJPOJ

MVDF

Y NN

4

225

226

QFDVMJBSJUË

6GP "SSFEP VSCBOP

7BOUBHHJ t 4QFDJmDJUË PUUJDB DVU PGG TJNNFUSJDB t &MFWBUP JOUFSBTTF QBMJ EB BSNBUVSB TUSBEBMF QFS SFOEJNFOUP JMMVNJOPUFDOJDP t .PSTFUUJFSB JODMVTB TV 4ZTUFN t &MFWBUP HSBEP EJ QSPUF[JPOF *1 F EJ JTPMBNFOUP $MBTTF ** t $POGPSNF BMMF MFHHJ SFHJPOBMJ FE JOUFSOB[JPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

NBOVUFO[JPOF

4JTUFNB NBOVUFOUJWP .BOVUFO[JPOF PSEJOBSJB TFNQMJmDBUB EB BDDFTTP BM WBOP PUUJDP TFO[B BUUSF[[J .BOVUFO[JPOF TUSBPSEJOBSJB TFNQMJmDBUB EB BDDFTTP BM WBOP DBCMBHHJP OFMMB QBSUF TVQFSJPSF F TFQBSBUP EBM WBOP PUUJDP 1JBTUSB QPSUBDBCMBHHJP GBDJMNFOUF FTUSBJCJMF BE BQQBSFDDIJP JOTUBMMBUP

DPOTJHMJ TVMM VUJMJ[[P

- PUUJDB TJNNFUSJDB EJ 6GP Ò TUBUB TUVEJBUB QFS PUUFOFSF BMUJ SFOEJNFOUJ JMMVNJOPUFDOJDJ F HBSBOUJSF B QBSJUË EJ QPUFO[B JOUFSBTTJ FMFWBUJ DPO DPOTFHVFOUF NBHHJPSF FDPOPNJDJUË EJ BDRVJTUP F NBOVUFO[JPOF -B QBSUJDPMBSF DPOGPSNB[JPOF EFMM PUUJDB DPOTFOUF VOB QSPJF[JPOF RVBESBUB F OPO DJSDPMBSF EFM GBTDJP MVNJOPTP DPO JM DPOTFHVFOUF PUUFOJNFOUP EJ VOB QFSGFUUB PNPHFJOJUË EJ MVDF B UFSSB OFMMF BSFF EJ QBSDIFHHJP TV QJBOUB SFUUBOHPMBSF 6UJMJ[[P 1BSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

6GP 4JNNFUSJDP 8 TPEJP -VY NFE -VY NBY

N

U

NU

NU

NU

227

228

5BNCVSP "SSFEP VSCBOP

%FTJHOFS ' 7BMCPOFTJ

/FMMB TUPSJB EJ PHOJ B[JFOEB DJ TPOP QSPEPUUJ DIF SJWFTUPOP VO JNQPSUBO[B UVUUB QBSUJDPMBSF QFSDIÏ SBQQSFTFOUBOP VOP TQBSUJBDRVF VO QVOUP E BSSJWP F DPOUFNQPSBOFBNFOUF VO OVPWP JOJ[JP 1FS OPJ EJ .BSFDP -VDF 5BNCVSP Ò QSPQSJP VOP EJ RVFTUJ QSPEPUUJ " QSJNB WJTUB QPUSFCCF TFNCSBSF VO OPSNBMF BQQBSFDDIJP EJ BSSFEP VSCBOP *O SFBMUË Ò VO DPODFOUSBUP EJ SJDFSDB UFDOPMPHJDB F EFTJHO DIF TPUUPMJOFB JO NPEP FTFNQMBSF RVFM QFSDPSTP EJ SJOOPWBNFOUP OFMMB DPOUJOVJUË DIF BCCJBNP JOUSBQSFTP DPO GPS[B F EFUFSNJOB[JPOF 5BNCVSP QFS OPJ Ò TJOPOJNP EJ iQSJNB WPMUBw -B QSJNB WPMUB DIF BCCJBNP DBSBUUFSJ[[BUP VO BQQBSFDDIJP EJ BSSFEP VSCBOP DPO DPOUFOVUJ UFDOJDJ GVO[JPOBMJ FE FTUFUJDJ QBSUJDPMBSNFOUF JOOPWBUJWJ %FTJHO QSFTUB[JPOJ nFTTJCJMJUË TJ DPOEFOTBOP JO VO BQQBSFDDIJP MJOFBSF F MFHHFSP NB HSB[JF BMM BMMVNJOJP EJ DVJ Ò JOUFSBNFOUF DPNQPTUP BODIF SPCVTUP F SFTJTUFOUF -JOFB SJDPOPTDJCJMF F VOJDB 1BSBCPMF BE JOUFSBTTJ MVOHIJ DIF NJHMJPSBOP MF QSFTUB[JPOJ JMMVNJOPUFDOJDIF #SBDDJ DPSUJ P MVOHIJ QFS VOB DPMMPDB[JPOF PUUJNBMF TV QBMJ EJ BMUF[[F EJWFSTF P TV UFTUBQBMP QFS FMFNFOUJ TJOHPMJ JO GVO[JPOF EFMMF TUSBEF F EFHMJ TQB[J EB JMMVNJOBSF "UUFO[JPOF BMMB TJDVSF[[B EPUB[JPOF EJ TF[JPOBUPSF EJ SFUF F BQQBSUFOFO[B BMMB DMBTTF 4POP BMDVOF EFMMF DBSBUUFSJTUJDIF DIF IBOOP GBUUP MB GPSUVOB EJ 5BNCVSP F DIF PHHJ TPOP DPNVOJ B UVUUJ J OPTUSJ BQQBSFDDIJ µ QSPQSJP WFSP MB QSJNB WPMUB OPO TJ TDPSEB NBJ

229

230

5BNCVSP "SSFEP VSCBOP

%FTJHOFS ' 7BMCPOFTJ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS VUJMJ[[P TV QBMP NN JO UFTUB 5BNCVSP 4ZTUFN 5BNCVSP 4ZTUFN QBSFUF

$PMPSF "OUSBDJUF

6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

"DDFTTPSJ $PNQPTJ[JPOJ 5BNCVSP 4ZTUFN

1PUFO[B

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

1FDVMJBSJUË &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF MBUFSBMF F GSPOUBMF /P UFOTJPOF EJ SFUF BMM BQFSUVSB EFMM BQQBSFDDIJP USBNJUF TF[JPOBUPSF $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF t "OFMMP QPSUBOUF JO BMMVNJOJP QSFTTPGVTP t $PSQP JO BMMVNJOJP QSFTTPGVTP t 0UUJDB JO UFSNPJOEVSFOUF NFUBMMJ[[BUB JO BMUP WVPUP t %JGGVTPSF JO WFUSP UFNQFSBUP TFSJHSBGBUP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

$PMPSF

$PEJDF

'#5

8 &

"OUSBDJUF

4

2&

8 &

"OUSBDJUF

4

2&

8 &

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

4&

8 &

"OUSBDJUF

4

45 4&

8 &

"OUSBDJUF

4

.&

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

45 4& .5 .&

8 &

"OUSBDJUF

4

NBY - NN

*1

231

NPOUBHHJP B QBMP JOUFSSBUP

5BNCVSP 4ZTUFN "SSFEP VSCBOP

$PNQPTJ[JPOF NPOUBHHJP JOUFSSBUP TZTUFN "

1BMP DJMJOESJDP Y NN 1BMP SBTUSFNBUP DPO HJVO[JPOF B NF[[P CVMMPOJ Y NN #SBDDJP MVOHIF[[B NN P MVDJ

$BSBUUFSJTUJDIF UFDOJDIF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t #SBDDJP JO GVTJPOF EJ BMMVNJOJP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

$PNQPTJ[JPOF NPOUBHHJP QMJOUP P QBWJNFOUB[JPOF TZTUFN # 1BMP DJMJOESJDP Y NN DPNQMFUP EJ nBOHJB F UJSBGPOEJ 1BMP SBTUSFNBUP DPO HJVO[JPOF B NF[[P CVMMPOJ Y NN DPNQMFUP EJ nBOHJB F UJSBGPOEJ #SBDDJP MVOHIF[[B NN P MVDJ

$BSBUUFSJTUJDIF UFDOJDIF QBMP I NN t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP DJMJOESJDP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

$PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

$BSBUUFSJTUJDIF UFDOJDIF QBMP I NN t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP SBTUSFNBUP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t #VMMPOJ EJ HJVO[JPOF . JO BDDJBJP [JODBUP B DBMEP

1BMP JOUFSSBUP 4ZTUFN " "MUF[[B UPUBMF

"MUF[[B EB UFSSB

MVDF

MVDJ

NN

NN

4

4

NN

NN

4

4

NN

NN

4

4

232

NPOUBHHJP B QBMP nBOHJBUP

5BNCVSP 4ZTUFN "SSFEP VSCBOP

Y

'MBOHJB I

'MBOHJB I

.

1BSUJDPMBSF SBTUSFNBUVSB

1BMP nBOHJBUP 4ZTUFN # "MUF[[B UPUBMF

"MUF[[B EB UFSSB

MVDF

MVDJ

NN

NN

4

4

NN

NN

4

4

NN

NN

4

4

233

NPOUBHHJP B QBMP JOUFSSBUP

5BNCVSP 4ZTUFN "SSFEP VSCBOP

$PNQPTJ[JPOF NPOUBHHJP JOUFSSBUP TZTUFN " 1BMP DJMOESJDP Y NN #SBDDJP MVOHIF[[B NN MVDJ

"DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

$PNQPTJ[JPOF NPOUBHHJP QMJOUP P QBWJNFOUB[JPOF TZTUFN # 1BMP DJMJOESJDP Y NN DPNQMFUP EJ nBOHJB F UJSBGPOEJ #SBDDJP MVOHIF[[B NN MVDJ $PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

1FDVMJBSJUË 3FTJTUFO[B NFDDBOJDB $BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t #SBDDJP JO GVTJPOF EJ BMMVNJOJP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

1BMP JOUFSSBUP 4ZTUFN " "MUF[[B UPUBMF

"MUF[[B EB UFSSB

NN

NN

MVDF

MVDJ

MVDJ

4

4

4

234

NPOUBHHJP B QBMP nBOHJBUP

5BNCVSP 4ZTUFN "SSFEP VSCBOP

ย

Y

ย

ย

ย

ย

ย

ย

ย

ยก

1BMP nBOHJBUP 4ZTUFN # "MUF[[B UPUBMF

"MUF[[B EB UFSSB

NN

NN

MVDF

MVDJ

MVDJ

4

4

4

235

NPOUBHHJP B QBSFUF

5BNCVSP 1BSFUF "SSFEP VSCBOP

"DDFTTPSJP #SBDDJP QFS VUJMJ[[P B QBSFUF

$BSBUUFSJTUJDIF UFDOJDIF t 4UBGGB EJ mTTBHHJP JO GVTJPOF EJ BMMVNJOJP t #SBDDJP JO GVTJPOF EJ BMMVNJOJP t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t 7JUFSJB JO BDDJBJP JOPY

$PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJB[[F

236

.POUBHHJP B QBSFUF %JNFOTJPOJ

$PEJDF

Y Y NN

4

QFDVMJBSJUË

5BNCVSP "SSFEP VSCBOP

7BOUBHHJ t 4QFDJmDJUË PUUJDB DVU PGG BTJNNFUSJDB t &MFWBUP JOUFSBTTF QBMJ EB BSNBUVSB TUSBEBMF QFS SFOEJNFOUP JMMVNJOPUFDOJDP t &MFWBUB SFTJTUFO[B NFDDBOJDB t (SBEP EJ QSPUF[JPOF *1 F EJ JTPMBNFOUP $MBTTF ** t 7FSTBUJMJUË VUJMJ[[P MBNQBEF t .PSTFUUJFSB JODMVTB TV 4ZTUFN t $POGPSNF BMMF MFHHJ SFHJPOBMJ F JOUFSOB[JPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

NBOVUFO[JPOF

4JTUFNB NBOVUFOUJWP .BOVUFO[JPOF PSEJOBSJB DPO BDDFTTP BM WBOP PUUJDP USBNJUF WJUJ JNQFSEJCJMJ $PSQP JO BMMVNJOJP QSFTTPGVTP DPO BQFSUVSB B DFSOJFSB /P UFOTJPOF EJ SFUF BMM BQFSUVSB DBMPUUB QFS EJTBUUJWB[JPOF BVUPNBUJDB TF[JPOBUPSF EJ MJOFB

DPOTJHMJ TVMM VUJMJ[[P

- JNQJFHP EJ VO PUUJDB DVU PGG BTJNNFUSJDB WFSOJDJBUB JO BMUP WVPUP HBSBOUJTDF B RVFTUP BQQBSFDDIJP QFS EJNFOTJPOF F EFTJHO EB "SSFEP 6SCBOP SFOEJNFOUJ JMMVNJOPUFDOJDJ EB JNQJFHP TUSBEBMF DPO SJEV[JPOF EFJ QVOUJ MVDF JNQJFHBUJ F DPOTFHVFOUF FDPOPNJDJUË EJ BDRVJTUP F NBOVUFO[JPOF 6UJMJ[[P -B QBSUJDPMBSF DPOGPSNB[JPOF EFMM PUUJDB DPOTFOUF VOB QSPJF[JPOF iBE BMJ EJ QJQJTUSFMMPw JEFBMF QFS VOB DPSSFUUB JMMVNJOB[JPOF EJ WJF QSJNBSJF F TFDPOEBSJF

5BNCVSP "TJNNFUSJDP 8 TPEJP -VY NFE -VY NBY

N

U

NU

NU

NU

237

238

1FUBMP "SSFEP VSCBOP

%FTJHOFS ' 7BMCPOFTJ % $IJMÛ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG QFS VUJMJ[[P TV QBMP NN JO UFTUB P 1FUBMP 4ZTUFN $PMPSF "OUSBDJUF

6UJMJ[[P 7JF TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $PNQPTJ[JPOJ 1FUBMP 4ZTUFN

1FDVMJBSJUË &DPOPNJDJUË &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF QSFWBMFOUF MBUFSBMF F GSPOUBMF $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t 0UUJDB JO UFSNPJOEVSFOUF CJBODB t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF t 7JUFSJB JO BDDJBJP JOPY

1PUFO[B

$PMPSF

$PEJDF

8 &

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

4&

8 &

"OUSBDJUF

4

45 4&

8 &

"OUSBDJUF

4

8 &

"OUSBDJUF

4

'#5

.&

NBY - NN

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

*1

239

NPOUBHHJP B QBMP JOUFSSBUP

1FUBMP 4ZTUFN " "SSFEP VSCBOP

CSBDDJP

CSBDDJ

CSBDDJ

CSBDDJ

$PNQPTJ[JPOF 1BMP DJMJOESJDP Y NN QFS NPOUBHHJP JOUFSSBUP 5FTUBQBMP B MVDJ DPNQMFUP EJ CSBDDJ F WJUFSJB EJ mTTBHHJP

1FDVMJBSJUË &DPOPNJDJUË 3FTJTUFO[B NFDDBOJDB "EBUUP QFS RVBMTJBTJ BQQBSFDDIJP EJ JNCPDDP NN

$PMPSF "OUSBDJUF

$BSBUUFSJTUJDIF UFDOJDIF t 1BMP B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t 5FTUBQBMP DPNQMFUP EJ CSBDDJ JO BDDJBJP [JODBUP B DBMEP t 7JUFSJB JO BDDJBJP JOPY

6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

1BMP JOUFSSBUP 4ZTUFN "

240

$PNQPTJ[JPOF

"MUF[[B UPUBMF

"MUF[[B EB UFSSB

$PEJDF

MVDF

NN

NN

4

MVDJ

NN

NN

4

MVDJ

NN

NN

4

MVDJ

NN

NN

4

NPOUBHHJP B QBMP nBOHJBUP

1FUBMP 4ZTUFN # "SSFEP VSCBOP

CSBDDJP

CSBDDJ

CSBDDJ

CSBDDJ

$PNQPTJ[JPOF 1BMP DJMJOESJDP Y NN QFS NPOUBHHJP TV QMJOUP QBWJNFOUB[JPOF DPNQMFUP EJ nBOHJB F UJSBGPOEJ 5FTUBQBMP B MVDJ DPNQMFUP EJ CSBDDJ F WJUFSJB EJ mTTBHHJP

1FDVMJBSJUË &DPOPNJDJUË 3FTJTUFO[B NFDDBOJDB "EBUUP QFS RVBMTJBTJ BQQBSFDDIJP EJ JNCPDDP NN

$PMPSF "OUSBDJUF 6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

1BMP nBOHJBUP 4ZTUFN #

$BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t 5FTUBQBMP DPNQMFUP EJ CSBDDJ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 7JUFSJB JO BDDJBJP JOPY

Y

$PNQPTJ[JPOF

"MUF[[B UPUBMF

"MUF[[B EB UFSSB

$PEJDF

MVDF

NN

NN

4

MVDJ

NN

NN

4

MVDJ

NN

NN

4

MVDJ

NN

NN

4

241

1FUBMP 4UJMP 4ZTUFN "SSFEP VSCBOP

%FTJHOFS ' 7BMCPOFTJ % $IJMÛ

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP DVU PGG DPO QBMP TBHPNBUP 1FS VUJMJ[[P JOUFSSBUP BMUF[[B UPUBMF NN 4ZTUFN "

1FS VUJMJ[[P TV QMJOUP QBWJNFOUB[JPOF BMUF[[B UPUBMF NN 4ZTUFN # DPNQMFUP EJ nBOHJB F UJSBGPOEJ 4ZTUFN # $PMPSF "OUSBDJUF 6UJMJ[[P 1JTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ WJBMFUUJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF 1FDVMJBSJUË &DPOPNJDJUË &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP 0UUJDB BTJNNFUSJDB QFS JMMVNJOB[JPOF QSFWBMFOUF MBUFSBMF F GSPOUBMF $POGPSNF BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

$BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t $PSQP JO UFDOPQPMJNFSP SJOGPS[BUP t 0UUJDB JO UFSNPJOEVSFOUF CJBODB t %JGGVTPSF JO BDSJMJDP USBTQBSFOUF t 7JUFSJB JO BDDJBJP JOPY

1BMP JOUFSSBUP 4ZTUFN " "MUF[[B EB UFSSB NN

1PUFO[B

Y

$PMPSF

$PEJDF

'#5

8 &

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

4&

8 &

"OUSBDJUF

4

45 4&

8 &

"OUSBDJUF

4

8 &

"OUSBDJUF

4

.&

1BMP nBOHJBUP 4ZTUFN # "MUF[[B EB UFSSB NN 1PUFO[B

$PMPSF

$PEJDF

'#5

8 &

"OUSBDJUF

4

.5 .&

8 &

"OUSBDJUF

4

4&

8 &

"OUSBDJUF

4

45 4&

8 &

"OUSBDJUF

4

8 &

"OUSBDJUF

4

.&

242

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

NBY - NN

*1

QFDVMJBSJUË

1FUBMP "SSFEP VSCBOP

7BOUBHHJ t &DPOPNJDJUË t 4QFDJmDJUË PUUJDB DVU PGG BTJNNFUSJDB t &MFWBUP SFOEJNFOUP JMMVNJOPUFDOJDP t 3FTJTUFO[B JO BNCJFOUJ BMUBNFOUF TBMNBTUSJ FE PTUJMJ t 7FSTBUJMJUË EJ DPNQPTJ[JPOF TV 4ZTUFN t (SBEP EJ QSPUF[JPOF *1 F EJ JTPMBNFOUP $MBTTF ** t $POGPSNF BMMF MFHHJ SFHJPOBMJ F JOUFSOB[JPOBMF DPOUSP M JORVJOBNFOUP MVNJOPTP

DPOTJHMJ TVMM VUJMJ[[P

1FUBMP "TJNNFUSJDP 8 KPEVSJ NFUBMMJDJ -VY NFE -VY NBY

N

U

NU

NU

NU

243

244

245

#BSDFMMPOB &DP "SSFEP VSCBOP

%FTJHOFS . %JQBMP

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMP NN JO UFTUB $PMPSF /FSP *OPY #JBODP 6UJMJ[[P 7JF TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

"DDFTTPSJ $PNQPTJ[JPOJ #BSDFMMPOB #BSSJP 4ZTUFN

$BSBUUFSJTUJDIF QFDVMJBSJ &DPOPNJDJUË 3JTQBSNJP FOFSHFUJDP &MFWBUP HSBEP EJ QSPUF[JPOF *1

1JBTUSB QPSUB DBCMBHHJP GBDJMNFOUF FTUSBJCJMF QFS NBOVUFO[JPOF TUSBPSEJOBSJB $POGPSNF BMMF MFHHJ DPOUSP MhJORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF #BTF JO QSFTTPGVTJPOF EJ BMMVNJOJP BOPEJ[[BUP F WFSOJDJBUP 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF $POP EJ DPQFSUVSB DBCMBHHJP JO UFDOPQPMJNFSP SJOGPS[BUP %JGGVTPSF B TF[JPOF FTBHPOBMF JO BDSJMJDP USBTQBSFOUF 0UUJDB &DP JO BMMVNJOJP WFSOJDJBUP CJBODP JOUFSOBNFOUF OFSP PQBDP FTUFSOBNFOUF $BQQFMMP DIJVTVSB TDIFSNP JO UFDOPQPMJNFSP SJOGPS[BUP 7JUFSB JO BDDJBJP JOPY

1PUFO[B

/FSP

*OPY

#JBODP

8 &

/

8

#

.5 .&

8 &

/

8

#

4&

8 &

/

8

#

45 4&

8 &

/

8

#

.&

8 &

/

8

#

45 4& .5 .&

8 &

/

8

#

'#5

NBY - NN

?

246

*1

#BSDFMMPOB 0QBM "SSFEP VSCBOP

%FTJHOFS . %JQBMP

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMP JO UFTUB $PMPSF /FSP *OPY 6UJMJ[[P 7JF TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$BSBUUFSJTUJDIF UFDOJDIF #BTF JO QSFTTPGVTJPOF EJ BMMVNJOJP BOPEJ[[BUP F WFSOJDJBUP 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF $POP EJ DPQFSUVSB DBCMBHHJP JO UFDOPQPMJNFSP SJOGPS[BUP %JGGVTPSF B TF[JPOF FTBHPOBMF JO BDSJMJDP USBTMVDJEP $BQQFMMP DIJVTVSB TDIFSNP JO UFDOPQPMJNFSP SJOGPS[BUP 7JUFSB JO BDDJBJP JOPY

"DDFTTPSJ $PNQPTJ[JPOJ #BSDFMMPOB #BSSJP 4ZTUFN

$BSBUUFSJTUJDIF QFDVMJBSJ &DPOPNJDJUË 3JTQBSNJP FOFSHFUJDP &MFWBUP HSBEP EJ QSPUF[JPOF *1

1JBTUSB QPSUB DBCMBHHJP GBDJMNFOUF FTUSBJCJMF QFS NBOVUFO[JPOF TUSBPSEJOBSJB

1PUFO[B

/FSP

*OPY

8 &

/

8

.5 .&

8 &

/

8

4&

8 &

/

8

45 4&

8 &

/

8

.&

8 &

/

8

45 4& .5 .&

8 &

/

8

'#5

- NN

*1

247

248

249

#BSSJP &DP "SSFEP VSCBOP

%FTJHOFS . %JQBMP

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMP NN JO UFTUB $PMPSF /FSP *OPY #JBODP 6UJMJ[[P 7JF TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$BSBUUFSJTUJDIF QFDVMJBSJ &DPOPNJDJUË 3JTQBSNJP FOFSHFUJDP &MFWBUP HSBEP EJ QSPUF[JPOF *1

1JBTUSB QPSUB DBCMBHHJP GBDJMNFOUF FTUSBJCJMF QFS NBOVUFO[JPOF TUSBPSEJOBSJB $POGPSNF BMMF MFHHJ DPOUSP MhJORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF #BTF JO QSFTTPGVTJPOF EJ BMMVNJOJP BOPEJ[[BUP F WFSOJDJBUP 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF $POP EJ DPQFSUVSB DBCMBHHJP JO UFDOPQPMJNFSP SJOGPS[BUP %JGGVTPSF B TF[JPOF FTBHPOBMF JO BDSJMJDP USBTQBSFOUF 0UUJDB &DP JO BMMVNJOJP WFSOJDJBUP CJBODP JOUFSOBNFOUF OFSP PQBDP FTUFSOBNFOUF $BQQFMMP DIJVTVSB TDIFSNP JO UFDOPQPMJNFSP SJOGPS[BUP 7JUFSB JO BDDJBJP JOPY

"DDFTTPSJ $PNQPTJ[JPOJ #BSDFMMPOB #BSSJP 4ZTUFN

1PUFO[B

/FSP

*OPY

#JBODP

8 &

/

8

#

.5 .&

8 &

/

8

#

4&

8 &

/

8

#

45 4&

8 &

/

8

#

.&

8 &

/

8

#

45 4& .5 .&

8 &

/

8

#

'#5

NBY - NN

?

250

*1

#BSSJP 0QBM "SSFEP VSCBOP

%FTJHOFS . %JQBMP

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV QBMP NN JO UFTUB $PMPSF /FSP *OPY 6UJMJ[[P 7JF TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

$BSBUUFSJTUJDIF QFDVMJBSJ &DPOPNJDJUË 3JTQBSNJP FOFSHFUJDP &MFWBUP HSBEP EJ QSPUF[JPOF *1

1JBTUSB QPSUB DBCMBHHJP GBDJMNFOUF FTUSBJCJMF QFS NBOVUFO[JPOF TUSBPSEJOBSJB $BSBUUFSJTUJDIF UFDOJDIF #BTF JO QSFTTPGVTJPOF EJ BMMVNJOJP BOPEJ[[BUP F WFSOJDJBUP 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF $POP EJ DPQFSUVSB DBCMBHHJP JO UFDOPQPMJNFSP SJOGPS[BUP %JGGVTPSF B TF[JPOF FTBHPOBMF JO BDSJMJDP USBTMVDJEP $BQQFMMP DIJVTVSB TDIFSNP JO UFDOPQPMJNFSP SJOGPS[BUP 7JUFSB JO BDDJBJP JOPY

"DDFTTPSJ $PNQPTJ[JPOJ #BSDFMMPOB #BSSJP 4ZTUFN

1PUFO[B

/FSP

*OPY

8 &

/

8

.5 .&

8 &

/

8

4&

8 &

/

8

45 4&

8 &

/

8

.&

8 &

/

8

45 4& .5 .&

8 &

/

8

'#5

NBY - NN

*1

251

NPOUBHHJP B QBMP JOUFSSBUP

#BSDFMMPOB #BSSJP 4ZTUFN "SSFEP VSCBOP

$BSBUUFSJTUJDIF UFDOJDIF t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP DJMJOESJDP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t #SBDDJP JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 7JUFSJB JO BDDJBJP JOPY

$PNQPTJ[JPOF NPOUBHHJP JOUFSSBUP TZTUFN "

1BMP DJMJOESJDP Y NN #SBDDJP MVOHIF[[B NN MVDJ

$PNQPTJ[JPOF NPOUBHHJP QMJOUP P QBWJNFOUB[JPOF TZTUFN # 1BMP DJMJOESJDP Y NN DPNQMFUP EJ nBOHJB F UJSBGPOEJ #SBDDJP MVOHIF[[B NN MVDJ $PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

1FDVMJBSJUË &DPOPNJDJUË

.POUBHHJP B QBSFUF %JNFOTJPOJ

MVDF

Y NN

4

1BMP JOUFSSBUP 4ZTUFN " "MUF[[B UPUBMF

"MUF[[B EB UFSSB

NN NN

NN NN

MVDF

MVDJ

MVDJ

4 4

4 4

4 4

252

NPOUBHHJP B QBMP nBOHJBUP

#BSDFMMPOB #BSSJP 4ZTUFN "SSFEP VSCBOP

ย

Y

'MBOHJB 4ZTUFN #

ย

.POUBHHJP B QBSFUF

ย

ย

ย

ย

ย

ย ยก

.POUBHHJP B QBSFUF %JNFOTJPOJ

MVDF

ย Y NN

4

1BMP nBOHJBUP 4ZTUFN # "MUF[[B UPUBMF

"MUF[[B EB UFSSB

NN

NN

MVDF

MVDJ

MVDJ

4

4

4

253

254

.JSÛ "SSFEP VSCBOP

%FTJHOFS . %JQBMP

USBTQBSFOUF

WFSOJDJBUP

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJP QFS VUJMJ[[P TV CSBDDJ NN

$PMPSF /FSP *OPY 6UJMJ[[P 7JF TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $PNQPTJ[JPOJ .JSÛ 4ZTUFN

$BSBUUFSJTUJDIF QFDVMJBSJ &DPOPNJDJUË 3JTQBSNJP FOFSHFUJDP &MFWBUP HSBEP EJ QSPUF[JPOF *1

1JBTUSB QPSUB DBCMBHHJP GBDJMNFOUF FTUSBJCJMF QFS NBOVUFO[JPOF TUSBPSEJOBSJB $POGPSNF BMMF MFHHJ DPOUSP M JORVJOBNFOUP MVNJOPTP .JSÛ WFSOJDJBUP

.BOVUFO[JPOF PSEJOBSJB TFNQMJmDBUB QFS BDDFTP BM WBOP PUUJDP TFO[B BUUSF[[J $BSBUUFSJTUJDIF UFDOJDIF #BTF JO QSFTTPGVTJPOF EJ BMMVNJOJP BOPEJ[[BUP F WFSOJDJBUP 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF $POP EJ DPQFSUVSB DBCMBHHJP JO UFDOPQPMJNFSP SJOGPS[BUP $PSQP JO BDSJMJDP WFSOJDJBUP .JSÛ WFSOJDJBUP

%JGGVTPSF JO BDSJMJDP USBTQBSFOUF .JSÛ USBTQBSFOUF

0UUJDB &DP JO BMMVNJOJP WFSOJDJBUP CJBODP JOUFSOBNFOUF OFSP PQBDP FTUFSOBNFOUF .JSÛ USBTQBSFOUF

4DIFSNP QJBOP JO BDSJMJDP USBTQBSFOUF 7JUFSB JO BDDJBJP JOPY

.JSÛ TDIFSNP WFSOJDJBUP 1PUFO[B '#5

/FSP

*OPY

8 &

/

8

.5 .&

8 &

/

8

4&

8 &

/

8

45 4&

8 &

/

8

.&

8 &

/

8

45 4& .5 .&

8 &

/

8

/FSP

*OPY

.JSÛ TDIFSNP USBTQBSFOUF 1PUFO[B '#5

8 &

/

8

.5 .&

8 &

/

8

4&

8 &

/

8

45 4&

8 &

/

8

.&

8 &

/

8

45 4& .5 .&

8 &

/

8

NBY - NN

$65 0'' $POGPSNF B UVUUF MF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP

*1

255

NPOUBHHJP B QBMP JOUFSSBUP

.JSÛ 4ZTUFN "SSFEP VSCBOP

$BSBUUFSJTUJDIF UFDOJDIF QBMP I NN t 'MBOHJB Y NN TQFTTPSF NN JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 5JSBGPOEJ . Y NN DPNQMFUJ EJ EBEP JO BDDJBJP [JODBUP t 1BMP DJMJOESJDP NN B OPSNF %*/ JO BDDJBJP [JODBUP B DBMEP N 6/* &/

t 7FSOJDJBUVSB B QPMWFSF UFSNPJOEVSFOUF B CBTF EJ SFTJOF QPMJFTUFSJ DBSCPTTJMBUF TBUVSF t "TPMB F NPSTFUUJFSB Y NNR $-** DPO QPSUBGVTJCJMF F QPSUFMMP EJ DIJVTVSB t $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP B SJDIJFTUB DPEJDF /

t #SBDDJP JO BDDJBJP [JODBUP B DBMEP N 6/* &/ t 7JUFSJB JO BDDJBJP JOPY

$PNQPTJ[JPOF NPOUBHHJP JOUFSSBUP TZTUFN "

1BMP DJMJOESJDP Y NN #SBDDJP MVOHIF[[B NN MVDJ

$PNQPTJ[JPOF NPOUBHHJP QMJOUP P QBWJNFOUB[JPOF TZTUFN # 1BMP DJMJOESJDP Y NN DPNQMFUP EJ nBOHJB F UJSBGPOEJ #SBDDJP MVOHIF[[B NN MVDJ $PMPSF "OUSBDJUF 6UJMJ[[P 7JF QSJNBSJF F TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F "DDFTTPSJ $IJBWF BQFSUVSB DIJVTVSB QPSUFMMP NPSTFUUJFSB B SJDIJFTUB DPEJDF /

1FDVMJBSJUË &DPOPNJDJUË

.POUBHHJP B QBSFUF %JNFOTJPOJ

MVDF

Y NN

4

1BMP JOUFSSBUP 4ZTUFN " "MUF[[B UPUBMF

"MUF[[B EB UFSSB

NN NN

NN NN

MVDF

MVDJ

MVDJ

4 4

4 4

4 4

256

NPOUBHHJP B QBMP nBOHJBUP

.JSร 4ZTUFN "SSFEP VSCBOP

ย

Y

'MBOHJB 4ZTUFN #

ย

.POUBHHJP B QBSFUF

ย

ย

ย

ย

ย

ย ยก

.POUBHHJP B QBSFUF %JNFOTJPOJ

MVDF

ย Y NN

4

1BMP nBOHJBUP 4ZTUFN # "MUF[[B UPUBMF

"MUF[[B EB UFSSB

NN

NN

MVDF

MVDJ

MVDJ

4

4

4

257

258

&DPMPHJB EFMMB MVDF "SSFEP VSCBOP

* EJGGVTPSJ PSOBNFOUBMJ TPOP OPSNBMNFOUF TDPOTJHMJBUJ QFSDIร FNFUUPOP MVDF B ยก .PEJmDBUJ JO NPEP PQQPSUVOP BUUSBWFSTP VOB WFSOJDJBUVSB TQFDJBMF BMMVNJOJP HSJHJP SJnFUUFOUF BMM JOUFSOP F OFSP DPQSFOUF BMM FTUFSOP F M BEP[JPOF EJ PUUJDIF MBNFMMBSJ QSPHFUUBUF BE IPD SJFOUSBOP QFSร OFJ WJODPMJ EJ DPOGPSNJUร QSFWJTUJ EBMMF EJWFSTF MFHHJ SFHJPOBMJ F TPOP DFSUJmDBCJMJ TFDPOEP MB /PSNBUJWB 6/*

259

&DPTGFSB "SSFEP VSCBOP

&DPTGFSB 1MBTU

&DPTGFSB "MV

"QQBSFDDIJP QFS FTUFSOJ "QQBSFDDIJ B EJGGVTPSF TGFSJDP F CBTF JO UFDOPQPMJNFSP NN &DPTGFSB 1MBTU EJGGVTPSF TGFSJDP NN F CBTF JO BMMVNJOJP &DPTGFSB "MV DPO QBSUF TVQFSJPSF WFSOJDJBUB JOUFSOBNFOUF JO BMMVNJOJP SJnFUUFOUF FTUFSOBNFOUF OFSP DPQSFOUF F EPUBUJ EJ GSBOHJMVDF MBNFMMBSF 6UJMJ[[P TV QBMP NN F NN P CSBDDJP QFS NPOUBHHJP EJSJUUP P SPWFTDJBUP &DPTGFSB "MV VUJMJ[[P TV QBMP NN P CSBDDJP QFS NPOUBHHJP EJSJUUP P SPWFTDJBUP &DPTGFSB 1MBTU $PMPSF 5SBTQBSFOUF /FSP

6UJMJ[[P 7JF TFDPOEBSJF QJTUF DJDMBCJMJ QFSDPSTJ QFEPOBMJ QBSDIFHHJ BSFF WFSEJ QSJWBUF F QVCCMJDIF QJB[[F

?

260

*1

$BSBUUFSJTUJDIF QFDVMJBSJ &DPOPNJDJUË 3JTQBSNJP FOFSHFUJDP &MFWBUP HSBEP EJ QSPUF[JPOF *1

1JBTUSB QPSUBDBCMBHHJP GBDJMNFOUF FTUSBJCJMF QFS NBOVUFO[JPOF TUSBPSEJOBSJB 3JTQPOEFO[B BMMF MFHHJ SFHJPOBMJ DPOUSP M JORVJOBNFOUP MVNJOPTP $BSBUUFSJTUJDIF UFDOJDIF t #BTF JO UFDOPQPMJNFSP SJOGPS[BUP WFSTJPOF &DPTGFSB 1MBTU

t #BTF JO QSFTTPGVTJPOF EJ BMMVNJOJP WFSTJPOF &DPTGFSB "MV t $POP EJ DPQFSUVSB DBCMBHHJP JO QPMJDBSCPOBUP DMBTTF ** t 'SBOHJMVDF MBNFMMBSF OFSP PQBDP FTUFSOBNFOUF t %JGGVTPSF TGFSJDP JO BDSJMJDP P QPMJDBSCPOBUP USBTQBSFOUF t 7JUFSJB JO BDDJBJP JOPY

NPOUBHHJP EJSJUUP SPWFTDJP

&DPTGFSB 1MBTU "SSFEP VSCBOP

"DSJMJDP NN 1PUFO[B

%JSJUUP

3PWFTDJP

.5 .&

8 &

5

5

45

8 &

5

5

45 .5

8 &