Auktion 101 Künker by Fritz Rudolf Kuenker GmbH & Co. KG

1018 2344

1391 1471

1446

1385 2013 1800

1372 1901

2021

1480

1334

1046

1369 1790

2021 2097

1087 2097

1987

1433 2225

2189

2148

1397 2139

1501 1428

2303

2237 2177

1428

2262

2468

2323

2293

2429

2479

2454 2352

2352

R E K

I N H

I E Z

R E V

T L A

N Ü K

WICHTIGE HINWEISE FÜR UNSERE TELEFONBIETER Wenn Sie telefonisch bieten möchten, muß das vor der Auktion durch uns genehmigt werden. Voraussetzung für ein telefonisches Mitbieten ist, daß Sie mindestens den Schätzpreis schriftlich bieten. Telefonisches Bieten ist erst ab einem Schätzpreis von ca. 500 Euro pro Los möglich. Bitte rufen Sie Frau Thomas vor der Auktion an unter +49 (0)541 96 20 21 oder gebührenfrei unter 0800 58 36 537. Wir übernehmen keinerlei Haftung, falls die telefonische Verbindung während der Auktion nicht zustande kommt.

INFORMATIONS POUR NOS CLIENTS PARTICIPANT A NOS VENTES AUX ENCHERES PAR TELEPHONE Si vous désirez participer par téléphone à nos ventes aux enchères, veuillez vous mettre d’accord avec notre service de clients quelques jours avant la vente sous le numéro +49 541 96 20 220. Une participation téléphonique à la vente sera possible à condition que vous nous faites parvenir aussi votre ordre écrit qui soit au moins au prix d’estimation et que l’estimation soit au moins 500 Euro par lot. Nous indiquons formellement que nous ne prenons aucune responsabilité au cas où la comunication téléphonique soit interrompue, occupée ou ne pas établie.

IMPORTANT INFORMATION ON TELEPHONE BIDDING If you wish to participate in the auction as a telephone bidder, please let us know several days in advance as we have to approve and schedule all calls. To register for telephone bidding, we require that you submit at least the estimate as a written bid in addition to being called. Telephone bidding is accepted on lot numbers with estimates above 500 Euro. Please call us at +49 541 96 20 20 for more information or to register for telephone bidding. We do not assume liability for telephone bids, should the telephone line be interrupted.

INFORMAZIONI PER GLI OFFERENTI TELEFONICI Se desiderate fare un’offerta per telefono, siete pregati di chiamare la Signorina Alexandra Elflein al numero diretto +49 541 96 20 233 qualche giorni prima dell‘asta. Accettiamo un’offerta per telefono con un’offerta scritta per lotti con prezzi stimati di piu di 500 Euro. Non assumeremo nessuna responsibilità per le offerte fatte per téléfono.

AUKTION 103 - AUCTION CATALOGUE 103 - CATALOGUE DE LA VENTE 103 Der Katalog zur Auktion 103 “Orden und Ehrenzeichen – Eine Sammlung aus altem Adelsbesitz” wird unseren Kunden und Sammlern von Orden und Ehrenzeichen direkt zugesandt. Sollten Sie Interesse an diesem Spezialkatalog haben, können Sie gerne ein Exemplar anfordern.

The auction catalogue 103 “Orden und Ehrenzeichen – Eine Sammlung aus altem Adelsbesitz” will be sent to our customers and collectors of orders and decorations directly. If you like to obtain this catalogue, please order a copy.

Le catalogue de la vente 103 "Ordres et dècorations - Collection d'une famille de noblesse ancienne" sera expédié directement a nos clients collectionneurs d'ordres et décorations. Si vouz désirez recevoir ce catalogue, commandezvous en un exemplaire, s.v.p.

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1018 Å

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1019

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1020

1021

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1023 Å

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1025 Å 1024

1026

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1027

1028

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1029 Å

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1030

1031

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1033

1034

1032

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/;5+#

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1037 El

1036 El 1035

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+10+#

1038

1039

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1040

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1041

1042

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1045

1044

1043

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1046 Å

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1047

1048 Å

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1053

1054

1055

1056

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Õ &GPCT X %JT 4QO 2 .KEKPKWU 0GTXC I 4QOCMQRH N OKV *GNO 5RGGT WPF 5EJKNF FCTÒDGT *CNDOQPF 9CJNU\GPG $ÒTIGT GTJ·NV -WIGNP XQP MPKGGPFGT (KIWT T $ÒTIGT DGKO 9·JNGP $CD $/% %TCYH 5[F #VTTCMVKXGU UGJT UEJÌPGU 'ZGORNCT

Õ &GPCT X %JT 4QO 2 .KEKPKWU 0GTXC I 4QOCMQRH N OKV *GNO 5RGGT WPF 5EJKNF FCTÒDGT *CNDOQPF 9CJNU\GPG $ÒTIGT GTJ·NV -WIGNP XQP MPKGGPFGT (KIWT T $ÒTIGT DGKO 9·JNGP $CD $/% %TCYH 5[F 9KP\ -TCV\GT UGJT UEJÌP

Õ &GPCT X %JT 4QO . /CTEKWU 2JKNKRRWU I -QRH 2JKNKRRU 8 XQP /CEGFQPKGP T OKV *GNO WPF &KCFGO 4GKVGTUVCVWG T $CD $/% %TCYH 5[F 5GJT UEJÌP

Õ &GPCT X %JT 4QO 2 2QTEKWU .CGEC I 4QOCMQRH T FCXQT : 5QNFCV UVGJV N WPF NGIV FKG *CPF CWH FGP -QRH GKPGU 6QICVWU FCJKPVGT O·PPNKEJG (KIWT OKV 5VÌEMGP $CD $/% %TCYH 5[F 5GJT UEJÌP

Õ &GPCT X %JT 4QO /P (QPVGKWU I -ÌRHG FGT &KQUMWTGP T )CNGGTG T FCPGDGP -WIGNP T $CD $/% %TCYH F 5[F )WVGU UGJT UEJÌP

&KG IGPU (QPVGKC UVCOOVG CWU 6WUEWNWO UQ GTMN·TV UKEJ CWEJ FKG #DDKNFWPI FGT &KQUMWTGP CWH FGO #XGTU FGPP FGTGP YKEJVKIUVGU -WNV\GPVTWO KP .CVKWO DGHCPF UKEJ KP 6WUEWNWO

1058

1059

Õ &GPCT X %JT 4QO /P (QPVGKWU I #RQNNQMQRH T OKV .QTDGGTMTCP\ .QTDGGTMTCP\ FCTKP IGHNÒIGNVGT )GPKWU CWH <KGIGPDQEM T FCTÒDGT \YGK 2KNGK KO #DUEJPKVV 6J[TUQU $CD $/% %TCYH E 5[F C 4 #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

Õ &GPCT X %JT 4QO 2 5CVTKGPWU I 4QOCMQRH T OKV *GNO 9ÌNHKP N $CD $/% %TCYH D 5[F C 5GJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

1061

1060

+/2'4#614+5%*' 24 )70)'0

% ,WNKWU %CGUCT Ŏ X %JT Õ &GPCT X %JT .CIGTOÒP\UV·VVG I 'NGHCPV T 2TKGUVGT IGT·VG $CD $/% %TCYH 5GCT 5[F )WVGU UGJT UEJÌP

&KG 4ÒEMUGKVG \GKIV %CGUCTU #OV CNU 2QPVKHGZ OCZKOWU CP FKG GKP\KIG QHHK\KGNNG 5VGNNWPI FKG GT \W $GIKPP FGU $ÒTIGTMTKGIGU DGMNGKFGVG

Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP #HTKEC I 8GPWUMQRH T #GPGCU N VT·IV UGKPGP 8CVGT #PEJKUGU WPF FCU 2CNNCFKWO CWU FGO DTGPPGPFGP 6TQLC $CD $/% %TCYH 5GCT 5[F (CUV XQT\ÒINKEJ

%CGUCT UVGNNVG KP UGKPGT 2TQRCICPFC KOOGT YKGFGT UGKPG #DUVCOOWPI XQP FGP CWH FKGUGT /ÒP\G FCTIGUVGNNVGP O[VJKUEJGP 8QTHCJTGP JGTCWU #UECPKWU +WNWU FGT 5QJP FGU #GPGCU IKNV CNU 5VCOOXCVGT FGT ,WNKGT #GPGCU YKGFGTWO UVCOOVG XQP 8GPWU CD *KGT XGTDKPFGV UKEJ FKG )TÒPFWPIUUCIG 4QOU U[ODQNKUKGTV FWTEJ FCU 2CNNC FKWO OKV FGO 7TURTWPI FGT IGPU +WNKC

1063

1062

1064

/ +WPKWU $TWVWU Õ &GPCT X %JT .CIGTOÒP\UV·VVG KP -NGKPCUKGP QFGT 0QTFITKGEJGPNCPF .GICV 2GFCPKWU %QUVC I .') %156# #RQNNQMQRH T OKV .QTDGGTMTCP\ +/2 $48685 6TQ RJ·G $CD $/% %TCYH 5GCT 5[F 44 5GJT UEJÌP

2GFCPKWU %QUVC YCT GKPGT FGT .GICVGP FGU $TWVWU KO -CORH IGIGP FKG 6TKWOXKTP

/CTEWU #PVQPKWU Ŏ X %JT Õ &GPCT X %JT 2CVTCU ! I )CNGGTG T .') :+8 .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP $/% %TCYH 5GCT 5[F )WVGU UGJT UEJÌP

&KG .GIKQ :+8 )GOKPC YWTFG WTURTÒPINKEJ XQP %CGUCT KO ,CJTG X %JT IGITÒPFGV +P FGP GTUVGP 9QEJGP FGU ,CJTGU YWTFG FKG .GIKQP XQP FGP 'DWTQPGU WPVGT #ODKQTKZ XGTPKEJVGV LGFQEJ UQHQTV PGW CWHIGUVGNNV 5KG M·ORHVG KP FGP HQNIGPFGP ,CJTGP DGK #NGUKC KP 5RCPKGP IGIGP 2QORGKWU DGK +NGTFC X %JT UEJNKGNKEJ KP #HTKMC &CPCEJ YWTFG FKG .GIKQP CWHIGNÌUV 1EVCXKCPWU UVGNNVG LGFQEJ X %JT GKPG PGWG .GIKQ :+8 CWH XGT OWVNKEJ OKV 8GVGTCPGP FGT CNVGP .GIKQP %CGUCTU 0CEJ FGT 8CTWUUEJNCEJV YWTFG FKG .GIKQP KP /CKP\ UVCVKQPKGTV

1EVCXKCPWU Õ &GPCT X %JT KVCNKUEJG /ÒP\UV·VVG I -QRH T 5KORWNWO #URGTIKNNWO -CPPG .KVWWU $CD $/% %TCYH 5GCT 5[F #XGTU GVYCU FG\GPVTKGTV UQPUV UGJT UEJÌPGU 'ZGORNCT OKV HGKPGT 2CVKPC

1066 Å

1065

/ª0<'0 &'4 4¤/+5%*'0 -#+5'4<'+6

#WIWUVWU X P %JT Õ %KUVQRJQT X %JT 'RJGUWU I -QRH T )GUEJOÒEMVGT #NVCT 42% 5EJÌPpUGJT UEJÌP

Ô #WTGWU X %JT I -QRH T OKV .QTDGGTMTCP\ )CKWU %CGUCT TGKVGV T OKV 5RGGT WPF 5EJKNF FCJKPVGT .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP $/% %CNKEQ %QJ 4+%w )GYGNNV UGJT UEJÌP

1067 Å 1,5:1

Ô #WTGWU X %JT I -QRH T OKV .QTDGGTMTCP\ )CKWU %CGUCT TGKVGV T OKV 5RGGT WPF 5EJKNF FCJKPVGT .GIKQPUCFNGT \YKUEJGP \YGK 5VCPFCTVGP $/% %CNKEQ %QJ 4+%w -N -TCV\GT CWH FGT 4ÒEMUGKVG UGJT UEJÌP

1,5:1

1068 Å 1,5:1

6KDGTKWU Ô #WTGWU .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ .KXKC CNU 2CZ UKV\V T OKV <GRVGT WPF <YGKI $/% %CNKEQ %QJ 4+%w #VVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT <YGK /ÒP\UVGORGN FKGUGU 6[RU OKV .KXKC CNU 2CZ CWH FGO 4GXGTU CNUQ FGO 6[R FGU DGTÒJOVGP 6TKDWVG 2GPP[U FGT $KDGN YWTFGP MÒT\NKEJ KO .GIKQPUNCIGT 8KPFQPKUUC 9KPFKUEJ KP ¤UVGTTGKEJ GPVFGEMV 0CEJ FGO CTEJ·QNQIKUEJGP $GHWPF KUV FCXQP CWU\WIGJGP FC KP 8KPFQPKUUC GKPG QHHK\KGNNG /ÒP\UV·VVG GZKUVKGTV JCV &KGUG UGPUCVKQPGNNG 'PVFGEMWPI UVGNNV XKGNG /ÒP\UV·VVGP\WYGKUWPIGP FGT HTÒJGP -CKUGT\GKV KP (TCIG FGPP GU KUV FCXQP CWU\WIGJGP FC CWEJ KP CPFGTGP .GIKQPUNCIGTP /ÒP\UV·VVGP GZKUVKGTV JCDGP

1071

1069

1070 Å

1070 Å 1,5:1

Õ &GPCT .WIFWPWO I -QRH T OKV .QTDGGTMTCP\ .KXKC CNU 2CZ UKV\V T $/% %QJ 4+%w 5GJT UEJÌP

%NCWFKWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ 0GOGUKU UVGJV T OKV %CFWEGWU FCXQT 5EJNCPIG $/% %CNKEQ %QJ 4+%w 5GJT UEJÌP

)CNDC Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ 8KEVQTKC IGJV N OKV -TCP\ WPF 2CNO\YGKI $/% 5 #PO %QJ 4+%w 5GJT UEJÌP

&GT 5KNDGTNKPI FGT $KDGN 6TKDWVG 2GPP[

1,5:1

1072 Å

1,5:1

8GURCUKCPWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 2CZ UKV\V N OKV <YGKI WPF %CFWEGWU $/% %CNKEQ C FKGU 'ZGORNCT CDIGDKNFGV %QJ 4+% 5GJT UEJÌP 'ZGORNCT FGT 5COONWPI 2TKP\ 9CNFGEM #WMVKQP /ÒP\JCPFNWPI $CUGN $CUGN 0T

1073

1074 Å 1,5:1

0GTXC Õ &GPCT 4QO I -QRH T OKV .QTDGGTMTCP\ (QTVWPC UVGJV N OKV 5VGWGTTW FGT WPF (ÒNNJQTP $/% %QJ 4+% 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

6TCKCPWU Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ *GTEWNGU UVGJV X X CWH #NVCT OKV -GWNG WPF .ÌYGPHGNN $/% %CNKEQ %QJ 4+% 5GJT UEJÌP

1075 Å

1,5:1

*CFTKCPWU Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ )GPKWU UVGJV N OKV 2CVGTC WPF JTGP $/% #PO %CNKEQ %QJ 4+% 5GJT UEJÌP

1076 Å

1,5:1

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ )GPKWU UVGJV N OKV 2CVGTC WPF (ÒNNJQTP $/% %CNKEQ %QJ 4+% 5GJT UEJÌP

1078

1077 Æ

1079

1077 Æ

5GUVGT\ 4QO I -QRH T OKV .QTDGGTMTCP\ .KDGTVCU UKV\V N OKV <YGKI WPF <GRVGT $/% # %QJ 4+% C $TCWPG 2CVKPC UGJT UEJÌP

#PVQPKPWU + 2KWU WPF /CTEWU #WTGNKWU Õ &GPCT 4QO I -QRH T OKV .QT DGGTMTCP\ -QRH T $/% %QJ 4+% C 5GJT UEJÌP

5GRVKOKWU 5GXGTWU HÒT ,WNKC &QOPC Õ &GPCT .CQFKEGC CF OCTG I &TC RKGTVG $ÒUVG T %QPEQTFKC UKV\V N OKV 2CVGTC WPF (ÒNNJQTP $/% %QJ 4+% 8QT\ÒINKEJ

1080

1081 B

1082 B

1083

1084

HÒT )GVC Õ &GPCT 4QO I &TCRKGTVG $ÒUVG T %CUVQT UVGJV N PGDGP UGKPGO 2HGTF OKV <GRVGT $/% %QJ 4+% 4 )WVGU UGJT UEJÌP

)CNNKGPWU $ 6GVTCFTCEJOG ,CJT #NGZCPFTKC #GI[RVWU I &TC RKGTVG $ÒUVG T OKV .QTDGGTMTCP\ #FNGT UVGJV T OKV -TCP\ KO 5EJPCDGN &CVVCTK )GKUUGP 'VYCU (WPFDGNCI UGJT UEJÌPpXQT\ÒINKEJ

$ 6GVTCFTCEJOG ,CJT #NGZCPFTKC #GI[RVWU I )GRCP\GTVG $ÒUVG T OKV .QTDGGTMTCP\ #FNGT UVGJV N OKV -TCP\ KO 5EJPCDGN T 2CNO\YGKI &CVVCTK )GKUUGP )WVGU UGJT UEJÌP

&KQENGVKCPWU Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C 8QT\ÒINKEJ

Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C /ÒFG 5VGORGN UGJT UEJÌP

1085 Å

1086

1,5:1

Ô #WTGWU 4QO I -QRH T OKV .QTDGGTMTCP\ ,WRKVGT UVGJV N OKV $NKV\ WPF <GRVGT %CNKEQ %QJ XGTIN 4+% 5GJT UEJÌP ,WRKVGT YCT FGT RGTUÌPNKEJG )QVV &KQENGVKCPU FGT -CKUGT NKG UKEJ FGUJCND CWEJ CNU ,QXKWU DG\GKEJPGP

/CZKOKCPWU + Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% D -N &TWEMUVGNNG CWH FGO #XTU UQPUV XQT\ÒINKEJp5VGORGNINCP\

1087 Å 1,5:1

1,5:1

Ô #WTGWU 4QO I &TCRKGTVG $ÒUVG T OKV .QTDGGTMTCP\ ,WRKVGT UVGJV N OKV $NKV\ WPF <GRVGT %CNKEQ 4+% 4 2TCEJVGZGORNCT HCUV 5VGORGNINCP\

1088

1089

%QPUVCPVKWU + Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C 9KP\ 5EJTÌVNKPIUHGJNGT CWH FGO 4GXGTU XQT\ÒINKEJ

Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C 5GJT UEJÌP

1090

1091

1092

1093

1094

Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C 8QT\ÒINKEJ

Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C (NCWGT #XGTUUVGORGN XQT\ÒINKEJ

Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C -TCV\GT CWH FGO #XGTU XQT\ÒINKEJ

Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C (NCWG 5VGORGN HCUV XQT\ÒINKEJ

1095

1096

Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGTMTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% C 5GJT UEJÌP XQT\ÒINKEJ

1097

1098

1099 Å

1100 Å

1101 Å

/CZKOKCPWU ++ )CNGTKWU Õ #TIGPVGWU 4QO I -QRH T OKV .QTDGGT MTCP\ 8KGT -CKUGT QRHGTP XQT /CWGTTKPI 4+% D (CUV XQT\ÒINKEJ

,WNKCPWU ++ #RQUVCVC Õ 5KNKSWC 6TGXGTK I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 816+5 8 /8.6+5 : KP -TCP\ 4+% 5GJT UEJÌPpXQT\ÒINKEJ

8CNGPU Ô 5QNKFWU 0KEQOGFKC 1HHK\KP / I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO -CKUGT UVGJV T OKV .CDCTWO WPF 8KEVQTKC CWH )NQDWU 4+% F )TCHHKVK CWH FGO 4GXGTU UGJT UEJÌP

/CTEKCPWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 8KEVQTKC UVGJV N OKV -TGW\ FCJKPVGT 5VGTP 4+% *GPMGNURWT UGJT UEJÌP

#PVJGOKWU Ô 5QNKFWU 4CXGPPC I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF <YGK -CKUGT UVGJGP X X WPF JCNVGP -TGW\INQDWU 4+% 44 .GKEJV DGUEJPKVVGP UEJÌPpUGJT UEJÌP #PVJGOKWU YCT FGT NGV\VG #WIWUVWU FGU 9GUVGPU FGT XGTUWEJV JCV XGTNQTGPGU 6GTTKVQTKWO \WTÒEM\WIGYKPPGP

.165 4¤/+5%*'4 /ª0<'0

+PVGTGUUCPVGU .QV OGKUV MGNVKUEJGT ITKGEJKUEJGT WPF TÌOKUEJGT /ÒP\GP 'PVJCNVGP UKPF W C \YGK JÒDUEJG 2QVKPOÒP\GP FGT 5WGUUKQPGU \YGK 2T·IWPIGP CWU 5RCPKGP W C 7NKC #U GKP &GPCT FGU 2QORGKWU /CIPWU OKPQT %TCYH KPVGTGUUCPVG (GJNRT·IWPI #XGTUKPEWUWO GKP &GPCT FGU 6TCKCP HÒPH DGUEJPKVVGPG 5KNKSWGP W C GKP ,WNKCPWU ++ /ÒP\UV·VVG #TGNCVG GKP JÒDUEJGT #PVQPKPKCP FGU 6CEKVWU UQYKG FTGK QTKGPVCNKUEJG 2T·IWPIGP Z )QNF WPF GKPG OQFGTPG RQTVWIKGUKUEJG 2T·IWPI +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5GJT UEJÌP

4ÌOKUEJG 5KNDGT WPF $KNNQPOÒP\GP % ,WNKWU %CGUCT Õ &GPCT 7VKEC 5GCT C %QOOQFWU Õ &GPCT 0WOGTKCPWU $ #PVQPKPKCP 8CNGTKCPWU + $ 6GVTCFTCEJOG #NGZCPFTKC 5VÒEM 5GJT UEJÌP

.QV OGKUV TÌOKUEJGT /ÒP\GP &CU KPVGTGUUCPVG .QV GPVJ·NV PGDGP GKPKIGP ITKGEJKUEJGP 2T·IWPIGP W C GKPG &TCEJOG XQP 5KPQRG ÒDGTYKGIGPF TÌOKUEJG /ÒP\GP XQP FGT 4GRWDNKM DKU KP FKG 5R·VCPVKMG KP $TQP\G WPF 5KNDGT W C &GPCTG UQYKG GKPKIG D[\CPVKPKUEJG $TQP\GOÒP\GP *QEJKPVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

.QV TÌOKUEJGT WPF ITKGEJKUEJGT /ÒP\GP #WIWUVWU &WRQPFKWU #NVCT 0GTQ 5GUVGT\ ,CPWUVGORGN .WEKNNC 5GUVGT\ 2KGVCU #RWNKC .WEGTKC 3WCVTWPZ $NKV\ -GWNG 5[TKC 5GNGWMKFGP #PVKQEJQU +8

<GWUMQRH #FNGT &C\W GKPG WPDGUVKOOVG 2TQXKP\KCNRT·IWPI +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

)GOKUEJVGU .QV ITKGEJKUEJGT TÌOKUEJGT WPF D[\CPVKPKUEJGT /ÒP\GP 'PVJCNVGP UKPF WPVGT CPFGTGO GKPG &TCEJOG #NGZCPFGTU +++ XQP /CEGFQPKGP GKPG RCTVJKUEJG &TCEJOG GKP 5GUVGT\ FGT (CWUVKPC ++ FKXGTUG UR·VTÌOKUEJG WPF D[\CPVKPKUEJG $TQP\GOÒP\GP GVE +PGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5EJÌPpUGJT UEJÌP

.QV TÌOKUEJGT /ÒP\GP XQP #WIWUVWU DKU KP FKG 5R·VCPVKMG &CU .QV GPVJ·NV W C PGWP &GPCTG

#WIWUVWU 6KDGTKWU 8GURCUKCPWU 6KVWU 6TCKCPWU .WEKWU 8GTWU 5GRVKOKWU 5GXGTWU #PVQPKPWU +++ %CTCECNNC WPF /CZKOKPWU + 6JTCZ UQYKG GKPKIG UR·VG #PVQPKPKCPG WPF (QNNGU D\Y 6GKNUVÒEMG +PVGT GUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

.QV TÌOKUEJGT WPF D[\CPVKPKUEJGT )QNFOÒP\GP 'PVJCNVGP UKPF 5QNKFK OGKUV FGU %QPUVCPVKWU ++ UQYKG FGU XCNGPVKPKCPKUEJGP *CWUGU CDGT CWEJ Z ,WNKCPWU ++ #RQUVCVC UQYKG GKP 9GUVIQVG UQYKG 6GKNUVÒEMG D[\CPVKPKUEJ W C +WUVKPKCPWU + WPF *GTCENKWU *QEJKPVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM <WO 6GKN OKV (GJNGTP WPF DGUEJPKVVGP OGKUV UEJÌP

8¤.-'49#0&'470)

1109 Å

9'56)16'0

4GEECTGF + Ô 6TGOKUUKU 'OGTKVC I $GKFGTUGKVU $ÒUVG X X /KNGU 4 5GJT UEJÌPpXQT\ÒINKEJ

$;<#06+0+5%*' /ª0<'0

1110 Å

1111 Å

$;<#0<

#PCUVCUKWU Ô 6TGOKUUKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG T OKV 2GTNFKCFGO 8KEVQTKC IGJV T OKV -TCP\ WPF -TGW\INQDWU KO (GNF T 5VGTP &1% 5GCT -N -TCV\GT UGJT UEJÌP

+WUVKPKCPWU + Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG HCUV X X OKV *GNO 5RGGT WPF 5EJKNF 'PIGN UVGJV X X OKV -TGW\UVCD WPF -TGW\INQDWU &1% J 5GCT .GKEJV IGYGNNV IWVGU UGJT UEJÌP

1113 Å

1112 Å

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO -TGW\ INQDWU WPF 5EJKNF 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF )NQDWU T 5VGTP &1% F 5GCT 2T·IGUEJY·EJG CO 4CPF UQPUV XQT\ÒINKEJ

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO -TGW\ INQDWU WPF 5EJKNF 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF )NQDWU T 5VGTP &1% F 5GCT 2T·IGUEJY·EJG CO 4CPF HCUV XQT\ÒINKEJ

1,5:1

1114 Å 1,5:1

6KDGTKWU ++ %QPUVCPVKPWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP \GTVG $ÒUVG X X OKV -TQPG -TGW\INQDWU WPF 5EJKNF -TGW\ CWH XKGT 5VWHGP &1% E 5GCT 8QNN\GPVTKGTV XQT\ÒINKEJp5VGORGNINCP\

1115 Å

/CWTKEKWU 6KDGTKWU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV *GNO WPF -TGW\INQDWU 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU &1% F 5GCT 2T·IGUEJY·EJG CO 4CPF YKP\ )TCHHKVK CWH FGO 4GXGTU IWVGU UGJT UEJÌP

1116 Å 1,5:1

1,5:1

2JQECU Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV -TQPG WPF -TGW\INQDWU 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU &1% G 5GCT 5VGORGNIN·P\GPFGU 2TCEJVGZGORNCT

1117 Å

Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV -TQPG WPF -TGW\ INQDWU 'PIGN UVGJV X X OKV %JTKUVQITCOOUVCD WPF -TGW\INQDWU &1% I 5GCT 8QT\ÒINKEJ UGJT UEJÌP

1119 Å

1118 Å

*GTCENKWU OKV *GTCENKWU %QPUVCPVKPWU WPF *GTCENQPCU Ô 5QNKFWU %QPUVCP VKPQRQNKU 1HHK\KP I &TGK -CKUGT UVGJGP X X -TGW\ CWH FTGK 5VWHGP &1% C 5GCT )WVGU UGJT UEJÌP

%QPUVCPU ++ Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I &TCRKGTVG $ÒUVG X X OKV -TQPG WPF -TGW\INQDWU -TGW\ CWH FTGK 5VWHGP &1% QJPG FKGUG 1HHK\KP 5GCT 8QT\ÒINKEJ

1121 Å

1120 Å

%QPUVCPVKPWU +8 Ô 5QNKFWU %QPUVCPVKPQRQNKU I )GRCP\GTVG $ÒUVG X X OKV *GNO 5RGGT WPF 5EJKNF 5VWHGPMTGW\ \YKUEJGP \YGK -CKUGTP &1% 5GCT 5GJT UEJÌP

6KDGTKWU +++ Ô 5QNKFWU %QPUVCPVKPQRQNKU 1HHK\KP I )GRCP\GTVG $ÒUVG X X OKV -TQPG 5RGGT WPF 5EJKNF -TGW\ CWH FTGK 5VWHGP &1% I 5GCT 2T·IGUEJY·EJG CO 4CPF HCUV 5VGORGNINCP\

1122 Æ

%QPUVCPVKPWU 8++ WPF 4QOCPWU + (QNNKU %QPUVCPVKPQRQNKU I &TCRKGTVG $ÒUVG X X OKV -TQPG .CDCTWO WPF -TGW\INQDWU 5EJTKHV KP XKGT <GKNGP &1% 5GCT ªDGTRT·IV GVYCU (WPFDGNCI FWPMGNITÒPG 2CVKPC IWVGU UGJT UEJÌP

,QJCPPGU + Ô *KUVCOGPQP %QPUVCPVKPQRQNKU I $ÒUVG %JTKUVK X X /CTKC MTÌPV FGP -CKUGT FGT GKP 2CVTKCTEJGPMTGW\ J·NV QDGP FKG *CPF )QVVGU &1% 5GCT -PCRR UGJT UEJÌP

1124 Å

1123 Å

1125 Å

4QOCPWU +8 OKV /KEJCGN 8++ %QPUVCPVKWU #PFTQPKEWU WPF 'WFQEKC Ô *KUVCOG PQP %QPUVCPVKPQRQNKU I %JTKUVWU MTÌPV -CKUGTRCCT 2TKP\GP UVGJGP X X &1% 5GCT 5GJT UEJÌP

&#5 .#6'+0+5%*' -#+5'44'+%* 810 %1056#06+012'.

$CNFWKP ++ XQP %QWTVGPC[ Ô *[RGTRGTQP PCEJ 6[R FGT *[RGTRGTC FGU ,QJCPPGU +++ &WMCU 8CVCV\GU XQP 0KMCKC %QPUVCPVKPQRQNKU I %JTKUVWU VJTQPV X X T ÒDGT FGO 6JTQP FTGK 2WPMVG /CTKC MTÌPV -CKUGT &1% E /GVECNHw XGTIN 5 H 5GCT 44 )TCHHKVK YKG ÒDNKEJ CO 4CPF UEJYCEJ CWUIGRT·IV IWVGU UGJT UEJÌP #WHITWPF FGT XGTVTCINKEJGP 8GTGKPDCTWPIGP \YKUEJGP FGO -CKUGTTGKEJ 0KMCKC WPF FGO .CVGKPKUEJGP -CKUGTTGKEJ XQP %QPUVCPVKPQRGN YCT GU DGKFGP 5GKVGP WPVGTUCIV /ÒP\GP FGU LGYGKNU CPFGTGP 5VCCVGU PCEJ\WRT·IGP $CNFWKP ++ XQP %QWTVGPC[ DTCEJ FKGUGP 8GTVTCI WPF NKG *[RGTRGTC OKV 0COGP WPF 6[R FGU ,QJCPPGU +++ &WMCU 8CVCV\GU XQP 0KMCKC RT·IGP 9KT MÌPPGP FCPM FGT 24#6+%# &'..# /'4%#674+# GPVUVCPFGP WO FGU (NQTGPVK PKUEJGP -CWHOCPPU (TCPEGUEQ $CNFWEEK 2GIQNQVVK FKG 2T·IWPIGP FGT .CVGKPGT KFGPVKHK\KGTGP FC 2GIQNQVVK KP UGK PGO *CPFDWEJ HÒT -CWHNGWVG FKG XQP FGP .CVGKPGTP XGTYGPFGVGP 5KINC CPHÒJTV YKG KO XQTNKGIGPFGP (CNN FKG )TWRRG XQP FTGK 2WPMVGP JGTCNFKUEJ NKPMU CNUQ TGEJVU ÒDGT FGO 6JTQP

'7412 +5%*' )1.&/ª0<'0 70& )1.&/'&#+..'0

1126

#.$#0+'0

<QIW + (TCPMGP 4 4QO CWH FKG *QEJ\GKV OKV )T·HKP #RRÉP[K CO I (GKPIQNF (D 5EJN 8QT\ÒINKEJ

1128 1127

1129

$'.)+'0 $4#$#06

2JKNKRR +8 XQP 5RCPKGP .KQP F QT $TÒUUGN I &GNO (D 5GNVGP KP FKGUGT 'TJCNVWPI 8QT\ÒINKEJGU 'ZGORNCT

(.#0&'40

.WFYKI XQP /CNG FG XKGKNNG EJCKUG F QT Q , I &GNO 4 (D 5GJT UEJÌPpXQT\ÒINKEJ

-¤0+)4'+%* $'.)+'0

.GQRQNF + (TCPEU $TÒUUGN I (GKPIQNF (D /QTKP 5EJN 8QT\ÒINKEJ

(TCPEU $TÒUUGN &C\W .GQRQNF ++ (TCPEU +PUIGUCOV I (GKPIQNF (D /QTKP 5EJN 5VÒEM 5GJT UEJÌP WPF HCUV XQT\ÒINKEJ

1132

1133

1131

$7.)#4+'0

(GTFKPCPF .GYC -$ -TGOPKV\ I (GKPIQNF (D 5EJN 9KP\ 4CPFHGJNGT UGJT UEJÌP

& 0'/#4-

(TGFGTKM 8 -WTCPV &WMCV /CTM -QRGPJCIGP I *GFG $ (D 4 5GJT UEJÌP

%JTKUVKCP +: (TCPEU &CNGT -QRGPJCIGP I (GKPIQNF (D *GFG 5EJN 8QT\ÒINKEJ

& 0+5%* 9'56+0&+'0 25

1134

1135

(4#0-4'+%*

-¤0+)4'+%*

%JCTNGU 8 (TCPE ¯ RKGF Q , I &WRNGUU[ (D

5GJT UEJÌP

(TCPE ¯ RKGF Q , I &WRNGUU[ (D

5GJT UEJÌP

1136

1138

1137

1139

(TCPE ¯ RKGF Q , I &WRNGUU[ (D

%JCTNGU 8++ 'EW F QT Q , 6[R 'OKUUKQP 5CKPV #PFT¾ FG 8KNNGPGWXG N½U #XKIPQP I &WRNGUU[ $ (D 5GJT UEJÌP

5GJT UEJÌP

4Q[CN F QT Q , 'OKUUKQP 5CKPV #PFT¾ FG 8KNNGPGWXG N½U #XKIPQP I &WRNGUU[ (D 5GJT UEJÌP

'EW F QT ¯ NC EQWTQPPG Q , 6[R 'OKUUKQP 4QOCPU I &WRNGUU[ (D 4 -N 5EJTÌVNKPIUNQEJ UGJT UEJÌP

1140

1141

1142

'EW F QT ¯ NC EQWTQPPG Q , 'OKUUKQP $QTFGCWZ I &WRNGUU[ ( (D 5GJT UEJÌP

.QWKU :+ 'EW F QT ¯ NC EQWTQPPG Q , 'OKUUKQP 6QWTPCK I &WRNGUU[ (D 5GJT UEJÌP

'EW F QT ¯ NC EQWTQPPG Q , 'OKUUKQP /ÒP\UV·VVG PKEJV GTMGPPDCT I &WRNGUU[ (D 5GJT UEJÌP

1144

1143

1146

1145

'EW F QT CW UQNGKN Q , .[QP I &WRNGUU[ (D

%JCTNGU 8+++ 'EW F QT CW UQNGKN Q , 'OKUUKQP /QPVRGNNKGT I &WRNGUU[ (D 5GJT UEJÌP

'EW F QT CW UQNGKN Q , 'OKUUKQP 2QKVKGTU I &WRNGUU[ # (D

.QWKU :++ 'EW F QT CW UQNGKN FW &CWRJKP¾ Q , /QPV¾NKOCT I &WRNGUU[ (D 5GJT UEJÌP

1147

1148

5GJT UEJÌP

1150

1149

'EW F QT CW UQNGKN FW &CWRJKP¾ Q , 4QOCPU I /KV .KNKG KO <GPVTWO FGU -TGW\GU FGT 4ÒEM UGKVG &WRNGUU[ # (D 5GJT UEJÌP

'EW F QT CW UQNGKN Q , 6QWNQWUG I &WRNGUU[ (D

5GJT UEJÌP

'EW F QT CW RQTE ¾RKE Q , /ÒP\\GKEJGP #PMGT $C[QPPG I &WRNGUU[ (D 5GJT UEJÌP

'EW F QT CW RQTE ¾RKE Q , 2CTKU I &WRNGUU[ (D

1151

5GJT UEJÌP

1152

(TCP¼QKU + 'EW F QT CW UQNGKN Q , 6[R 'OKUUKQP .[QP I &WRNGUU[ (D 5GJT UEJÌP

'EW F QT CW UQNGKN Q , 6[R 'OKUUKQP 2CTKU I &WRNGUU[ (D (CUV XQT\ÒINKEJ

1153

1155

1154

1156

'EW F QT CW UQNGKN FW &CWRJKP¾ Q , 6[R 'OKUUKQP 4QOCPU I &WRNGUU[ (D 5GJT UEJÌP

'EW F QT ¯ NC ETQKUGVVG Q , 6[R $ 4QWGP I &WRNGUU[ (D

5GJT UEJÌP

%JCTNGU +: 'EW F QT CW UQNGKN $ 4QWGP I &WRNGUU[ (D 5GJT UEJÌP

1157

1158

1160

1159

'EW F QT CW UQNGKN $ 4QWGP I &WRNGUU[ (D

5GJT UEJÌP

*GPTK +++ 'EW F QT CW UQNGKN # 2CTKU I &WRNGUU[ # (D 2T·IGUEJY·EJG XQT\ÒINKEJ

%JCTNGU : 'EW F QT CW UQNGKN # 2CTKU 6[R I &WRNGUU[ (D 5GJT UEJÌP

'EW F QT CW UQNGKN # 2CTKU 6[R I &WRNGUU[ (D

5GJT UEJÌP

1161

1162

'EW F QT CW UQNGKN # 2CTKU 6[R I &WRNGUU[ (D

5GJT UEJÌP

.QWKU :+8 .QWKU F QT ¯ NC V¿VG PWG # 2CTKU I &WRNGUU[ (D 5GJT UEJÌPpXQT\ÒINKEJ

1163

1165

1164

.QWKU F QT ¯ N ¾EW IGMTÌPVGU . .KNNG I &WRNGUU[ (D

8QT\ÒINKEJ

.QWKU F QT CWZ SWCVTG . . $C[QPPG 4¾HQTOCVKQP I &WRNGUU[ # (D 5EJÌPpUGJT UEJÌP UGJT UEJÌP

.QWKU F QT CWZ JWKV . GV CWZ KPUKIPGU /ÒP\\GKEJGP PKEJV GTMGPPDCT 4¾HQTOCVKQP I &W RNGUU[ # (D ªDGTRT·IWPIUURWTGP UGJT UEJÌP

1166

1167

1168

1169

.QWKU :8 .QWKU F QT CWZ NWPGVVGU 9 .KNNG I &WRNGUU[ (D (CUV XQT\ÒINKEJ

&QWDNG NQWKU F QT CW DCPFGCW 2CW I &WRNGUU[ (D /KP $GCTDGKVWPIUURWTGP UGJT UEJÌPpXQT\ÒINKEJ

.QWKU :8+ &QWDNG NQWKU F QT ¯ NC V¿VG PWG 6 0CPVGU I &WRNGUU[ (D 9KP\ 4CPFHGJNGT UGJT UEJÌP

.QWKU F QT ¯ NC V¿VG PWG # 2CTKU I &WRNGUU[ (D

1171

1170

5GJT UEJÌPpXQT\ÒINKEJ

1172

0CRQN¾QP + (TCPEU / 6QWNQWUG I (GKPIQNF (D /C\CTF C 5EJN 4 0WT 'ZGORNCTG IGRT·IV 5GJT UEJÌP

(TCPEU 7 6WTKP I (GKPIQNF (D /C\CTF 5EJN 9KP\ 5EJTÌVNKPIUTK UGJT UEJÌP

4GRWDNKM (TCPEU # 2CTKU I (GKPIQNF (D /C\CTF 5EJN 8QT\ÒINKEJp5VGORGNINCP\

1174

1173

1175

0CRQN¾QP +++ (TCPEU # 2CTKU I (GKPIQNF -NGKPG #WUICDG OKV IGTKHHGNVGO 4CPF (D /C\CTF 5EJN 8QT\ÒINKEJp5VGORGNINCP\

(TCPEU # 2CTKU I (GKPIQNF -NGKPG #WUICDG OKV INCVVGO 4CPF (D /C\CTF 5EJN 8QT\ÒINKEJ

(TCPEU $$ 4QWGP I (GKPIQNF )TQG #WUICDG OKV IGTKHHGNVGO 4CPF (D /C\CTF 5EJN 2TCEJVGZGORNCT (CUV 5VGORGNINCP\

1177

1176

(TCPEU $$ 5VTCDWTI I (GKPIQNF (D /C\CTF C 5EJN

8QT\ÒINKEJ

4GRWDNKM (TCPEU # 2CTKU I (GKPIQNF (D /C\CTF 5EJN 4 0WT 'ZGORNCTG IGRT·IV -N 4CPFHGJNGT UGJT UEJÌPpXQT\ÒINKEJ

1180

1178

1179

(TCPEU # 2CTKU I (GKPIQNF (D /C\CTF 5EJN 4 0WT 'ZGORNCTG IGRT·IV 5GJT UEJÌP

(TCPEU # 2CTKU I (GKPIQNF (D /C\CTF 5EJN

(TCPEU 2CTKU $C\QT I (GKPIQNF (D /C\CTF 5EJN

8QT\ÒINKEJ

1182

1181

%* 6'#7 4'0#7&

8QT\ÒINKEJp5VGORGNINCP\

(4#0-4'+%* ('1&#.'5

(TCP¼QKU XQP $QWTDQP WPF .QWKUG /CTIWGTKVG (NQTKP F QT Q , I (D 2QG[ F #XCPV 5GJT UEJÌP

)GQTI + &TCEJOGP 2CTKU I (GKPIQNF &KXQ (D 5EJN 5GNVGP KP FKGUGT 'TJCNVWPI (CUV 5VGORGNINCP\

)4+'%*'0.#0&

1183

1185

1184

)4155$4+6#00+'0 8'4'+0+)6'5 -¤0+)4'+%*

)GQTIG + )WKPGC .QPFQP I (D 5GCD[

8QT\ÒINKEJ

)GQTIG +++ )WKPGC .QPFQP 8KGTVGT 6[R I (D 5EJN 5GCD[ -N -TCV\GT UGJT UEJÌPpXQT\ÒINKEJ

)WKPGC .QPFQP I (D 5EJN 5GCD[

1186

1187

5GJT UEJÌP

1188

1189

)WKPGC .QPFQP &TKVVGT 6[R XQP /CTEJCPV I (GKPIQNF (D 5EJN 5GCD[ 8QT\ÒINKEJ

)WKPGC .QPFQP I (GKPIQNF (D 5EJN 5GCD[

)GQTIG +8 5QXGTGKIP .QPFQP I (GKPIQNF (D 5EJN 5GCD[ $GCTDGKVWPIUURWTGP CO 4CPF UGJT UEJÌP

8KEVQTKC 5QXGTGKIP .QPFQP ;QWPI JGCF I (GKPIQNF (D G 5EJN 5GCD[ 5GJT UEJÌP

8QT\ÒINKEJ

1191

1190

1192

5QXGTGKIP .QPFQP ;QWPI JGCF I (GKPIQNF (D 5EJN 5GCD[ #

5GJT UEJÌP

5QXGTGKIP .QPFQP ;QWPI JGCF I (GKPIQNF (D H 5EJN 5GCD[ ' 9KP\ -TCV\GT XQT\ÒINKEJ

5QXGTGKIP .QPFQP ;QWPI JGCF I (GKPIQNF (D G 5EJN 5GCD[ 5GJT UEJÌP

1193

1194

2QWPFU .QPFQP ,WDKNGG JGCF I (GKPIQNF (D 5EJN 5GCD[

5GJT UEJÌP

'FYCTF 8++ 2QWPFU .QPFQP I (GKPIQNF (D 5EJN 5GCD[ 5GJT UEJÌP

1195

'NK\CDGVJ ++ UGKV 2QWPFU I (GKPIQNF (D 5EJN 5GCD[ 0WT EC 'ZGORNCTG IGRT·IV (CUV 5VGORGNINCP\

1196

1197

+6#.+'0

-+4%*'056##6

2CWN +8 5EWFQ F QTQ Q , $QNQIPC I (D /WPVQPK

(CUV XQT\ÒINKEJ

2KWU +: .KTG # ::+8 4QO I (GKPIQNF (D 2CICPK 5EJN 5GJT UEJÌPpXQT\ÒINKEJ

1199

1198

/1&'0#

%GUCTG F 'UVG 1PICTQ &WMCV PCEJ WPICTKUEJGO 8QTDKNF %0+ +: 5 XCT (D 5GJT UEJÌP

(TCPEGUEQ + F 'UVG 5EWFQ 5QNFK Q , %0+ +: 5 (D

5GJT UEJÌP

1201

1200

0'#2'. 70& 5+<+.+'0

,QCEJKO /WTCV -ÌPKI XQP 0GCRGN .KTG 0GCRGN I (GKPIQNF (D 2CICPK D 5EJN -N 4CPFHGJNGT UGJT UEJÌP

.KTG 0GCRGN I (GKPIQNF (D 2CICPK W 5EJN -TCV\GT WPF 4CPFHGJNGT UGJT UEJÌP

1202

1203

.KTG 0GCRGN I (GKPIQNF (D 2CICPK I 5EJN

1202

5GJT UEJÌP

/CTKC .QWKUC .KTG /CKNCPF I (GKPIQNF (D 2CICPK 5EJN 5GNVGPGT ,CJTICPI 5GJT UEJÌP /CTKC .QWKUC YCT FKG )GOCJNKP 0CRQNGQPU +

2#4/#

1205

1204

5#4&+0+'0

-CTN (GNKZ .KTG 6WTKP I (GKPIQNF (D 2CICPK 5EJN 4 9KP\ 4CPFHGJNGT XQT\ÒINKEJ

.KTG 6WTKP I (GKPIQNF (D 2CICPK 5EJN

9KP\ 4CPFHGJNGT UGJT UEJÌP

1207

1206

1208

.KTG )GPWC I (GKPIQNF (D 2CICPK 5EJN

5GJT UEJÌPpXQT\ÒINKEJ

-CTN #NDGTV .KTG 6WTKP I (GKPIQNF (D 2CICPK 5EJN -N -TCV\GT CWH FGT 8QTFGTUGKVG UGJT UEJÌP XQT\ÒINKEJ

.KTG )GPWC I (GKPIQNF (D 2CICPK 5EJN 0WT 'ZGORNCTG IGRT·IV -NGKPGT 4CPFHGJNGT UGJT UEJÌP

1210

1209

.KTG 6WTKP I (GKPIQNF (D 2CICPK 5EJN 4 0WT 'ZGORNCTG IGRT·IV 5GJT UEJÌP

5#81;'0

%CTNQ 'OCPWGNG + &WECVQ 6WTKP I (D 5KOQPGVVK 5GJT UEJÌPpXQT\ÒINKEJ

1,5:1

1211

1,5:1

5+<+.+'0

%CTNQ 8 5EWFQ F QTQ ,CJTGU\CJN PKEJV NGUDCT /GUUKPC I 5EJT·IMTGW\ FCTÒDGT -TQPG \W FGP 5GKVGP - 8 WPVGP FGT 1TFGP XQO )QNFGPGP 8NKGU )GMTÌPVGT #FNGT (D 5RCJT HH 4 5GJT UEJÌP

1212

1213

57$#.2+0' 4'27$.+-

(TCPEU #0 6WTKP I (GKPIQNF (D 2CICPK 5EJN 4 0WT 'ZGORNCTG IGRT·IV (CUV XQT\ÒINKEJ

(TCPEU #0 6WTKP I (GKPIQNF (D 2CICPK 5EJN 4 0WT 'ZGORNCTG IGRT·IV -N -TCV\GT UGJT UEJÌP

1214

1215

8'0'&+)

1216

)KQXCPPK %QTPGT <GEEJKPQ Q , I (D )CODGTKPK 2KGVTQ )TKOCPK <GEEJKPQ Q , I (D )CODGTKPK

8QT\ÒINKEJ 5GJT UEJÌP

(TCPEGUEQ .QTGFCP <GEEJKPQ Q , I (D )CODGTKPK 8QT\ÒINKEJGU 'ZGORNCT

1217

1219

1219 1218

-¤0+)4'+%* +6#.+'0

0CRQNGQP .KTG / /CKNCPF I (GKPIQNF (D 2CICPK C 5EJN 5GJT UEJÌP UGJT UEJÌPpXQT\ÒINKEJ

8KEVQT 'OCPWGN +++ .KTG 4 4QO I (GKPIQNF (D 2CICPK 5EJN 8QT\ÒINKEJ

.KTG 4 4QO I (GKPIQNF $TWUVDKNF N KP 7PKHQTO +VCNKC OKV 2HNWI UVGJV T FGP -QRH PCEJ N IGYCPFV \YKUEJGP 9GTVCPICDG (D 2CICPK 5EJN 44 )GTGKPKIV UGJT UEJÌP

1220

(ª456'067/

1221

1222

.+'%*6'056'+0

(TCP\ ,QUGRJ ++ )QNFOGFCKNNG CWH UGKPGP )GDWTVUVCI 9GTMUVCVV *WIWGPKP (T¾TGU %KG 5 # .G .QENG 7PKHQTOKGTVGU $TWUVDKNF N WOIGDGP XQP <YGKIGP -KTEJGPIGD·WFG KP $GTINCPFUEJCHV OO I I (GKPIQNF +P 1TKIKPCNGVWK 5VGORGNINCP\

(ª456'067/

/10#%1

%JCTNGU +++ (TCPEU # 2CTKU I (GKPIQNF FG /G[ (D 5EJN 8QT\ÒINKEJp5VGORGNINCP\

(TCPEU # 2CTKU I (GKPIQNF FG /G[ (D 5EJN

8QT\ÒINKEJ

1223

(ª456'067/

/106'0')41

0KMQNCWU + 2GTRGTC 9KGP L·JTKIGU 4GIKGTWPIULWDKN·WO I (GKPIQNF (D 5EJN (CUV XQT\ÒINKEJ

1224

1225

%#/2'0

1225

0+'&'4.#0&'

5VCFV &WMCVGP OKV 6KVGN (GTFKPCPFU +++ I &GNO (D WGTUV UGNVGP /KV CNVGO *GPMGN .GKEJV IGYGNNV UGJT UEJÌP

)'.&'40

2TQXKP\ &WMCV I &GNO (D

4CPFHGJNGT UGJT UEJÌP

1227

1228

1226

*1..#0&

9KNJGNO 8+ XQP $C[GTP %JCKUG F QT Q , I &GNO (D (CUV XQT\ÒINKEJ 2TQXKP\ &WMCV I &GNO (D /KP IGYGNNV UGJT UEJÌPpXQT\ÒINKEJ

$#6#8+5%*' 4'27$.+-

&WMCV 7VTGEJV I (GKPIQNF (D 5EJN 5EJWNOCP D

1229

1231

8QT\ÒINKEJ

1230

-¤0+)4'+%* *1..#0&

.WFYKI 0CRQNGQP &WMCV 7VTGEJV I (GKPIQNF (D 5EJN 5EJWNOCP 5GJT UEJÌP

&WMCV 7VTGEJV I (GKPIQNF (D 5EJN 5EJWNOCP

-¤0+)4'+%*

0149')'0

*CCMQP 8++ -TQPGP -QPIUDGTI I (GKPIQNF #JNUVTÌO (D 5EJN 8QT\ÒINKEJ

1233

-¤0+)4'+%*

5GJT UEJÌP

1232

1233

21.'0

5KIKUOWPF +++ &WMCVGP I )GJCTPKUEJVGU $TWUVDKNF T OKV -TQPG WPF ITQGO -TCIGP FCTWPVGT < )GMTÌPVGU XKGTHGNFKIGU 9CRRGP OKV /KVVGNUEJKNF FCTWPVGT 9GTV\CJN +++ (D )WO 8QP ITQGT 5GNVGPJGKV -N *GPMGNURWT (GNFGT NGKEJV DGCTDGKVGV UGJT UEJÌPpXQT\ÒINKEJ 0CEJ FGO WPGTYCTVGVGP 6QF XQP 5VGRJCP $CVJQT[ CO &G\GODGT YWTFG CO #WIWUV FGT 5QJP FGU UEJYGFKUEJGP -ÌPKIU ,QJCPP +++ 5KIKUOWPF 9CUC IGIGP FGP *CDUDWTIGT 'T\JGT\QI /CZKOKNKCP \WO RQNPK UEJGP -ÌPKI IGY·JNV &KG #WHTGEJVGTJCNVWPI FGT UEJYGFKUEJ RQNPKUEJGP 2GTUQPCNWPKQP FKG UGKV FGO 6QF XQP 5KIKUOWPFU 8CVGT KO ,CJT DGUVCPF GTYKGU UKEJ DCNF CNU WPJCNVDCT $GTGKU KO ,CJT JCPFGNVG 5KIKUOWPF +++ 9CUC OKV FGT #DVTGVWPI FGU UEJYGFKUEJGP 'UVNCPFU CP 2QNGP IGIGP UEJYGFKUEJG +PVGTGUUGP 5GKP 1PMGN -CTN XQP 5ÌFGTOCPPNCPF IGYCPP PQEJ KO UGNDGP ,CJT FKG *GTTUEJCHV KP 5EJYGFGP WPF YWTFG FQTV \WO -ÌPKI -CTN +: IGMTÌPV 5KIKUOWPF HÒJTVG FGPPQEJ YGKVGTJKP YKG CWEJ UGKPG 0CEJHQNIGT FGP UEJYGFKUEJGP -ÌPKIUVK VGN UQ CWEJ CWH FGO XQTNKGIGPFGP ·WGTUV UGNVGPGP /GJTHCEJFWMCVGP

#NGZCPFGT + XQP 4WNCPF <NQV[ +$ 9CTUEJCW I (GKPIQNF (D )WO 5EJN 4CPF DGCTDGKVGV *KV\GURWTGP UGJT UEJÌP

1235

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21467)#.

.WFYKI + 4GKU .KUUCDQP I (GKPIQNF (D )QOGU . 5EJN 9KP\ -TCV\GT GVYCU DGTKGDGP UGJT UEJÌP

21467)+'5+5%*' $'5+6<70)'0

&#/#1 ,QUGH + :GTCHKPU I (D )QOGU ,Q

1236

-¤0+)4'+%*

1237

5GJT UEJÌP

1238

47/ 0+'0

-CTN + .GK $TÒUUGN CWH FCU L·JTKIG 4GIKGTWPIULWDKN·WO I (GKPIQNF (D 4CWVC 5EJN 0WT 'ZGORNCTG IGRT·IV (CUV 5VGORGNINCP\

.GK $TÒUUGN CWH FCU L·JTKIG 4GIKGTWPIULWDKN·WO I (GKPIQNF (D 4CWVC 5EJN 8QT\ÒINKEJ

.GK $TÒUUGN CWH FCU L·JTKIG 4GIKGTWPIULWDKN·WO I (GKPIQNF (D 4CWVC 5EJN (CUV XQT\ÒINKEJ

1240

1239

1240

.GK $TÒUUGN CWH FCU L·JTKIG 4GIKGTWPIULWDKN·WO I (GKPIQNF (D 4CWVC 5EJN 2TCEJVGZGORNCT (CUV 5VGORGNINCP\

.GK $TÒUUGN CWH FCU L·JTKIG 4GIKGTWPIULWDKN·WO I (GKPIQNF (D 4CWVC 5EJN 8QT\ÒINKEJ

1241

(GTFKPCPF + .GK 2CTKU CWH UGKPG -TÌPWPI \WO GTUVGP -ÌPKI FGT 4WO·PGP I (GKPIQNF (D 4CWVC 5EJN 8QT\ÒINKEJ

1242

1243

1244

4755.#0&

-#+5'44'+%*

'NKUCDGVJ 4WDGN /QUMCW I $KVMKP (D

*GPMGNURWT UGJT UEJÌP

#NGZCPFGT + 4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN /KP 4CPFHGJNGT XQT\ÒINKEJ

4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN

1245

1246

1247

-N -TCV\GT UGJT UEJÌP

1248

0KMQNCWU + 4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN 5GJT UEJÌP

4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN 4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN 4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN

1249

1250

8QT\ÒINKEJ 8QT\ÒINKEJ 8QT\ÒINKEJ

1251

4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN

#NGZCPFGT ++ 4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN /KP 4CPFHGJNGT XQT\ÒINKEJ

4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN

8QT\ÒINKEJ

1252

1254

1253

1256

1255

#NGZCPFGT +++ 4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN 8QT\ÒINKEJp5VGORGNINCP\

4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN 4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN

0KMQNCWU ++ 4WDGN 5V 2GVGTUDWTI I (GKPIQNF $KVMKP (D 5EJN 8QT\ÒINKEJ

519,'670+10 4WDGN 6UEJGTYQPG\ .GPKPITCF I (GKPIQNF (D 5EJN 8QT\ÒINKEJ

8QT\ÒINKEJ 8QT\ÒINKEJ

1257

5%*9'&'0

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1258

1259

1260

<ª4+%*

1260

5%*9'+<

5VCFV &WMCV I & 6 (D

.GKEJV IGYGNNV UGJT UEJÌP

(TCPMGP $ $GTP I (GKPIQNF &KXQ (D 5EJN 5GJT UGNVGP KP FKGUGT 'TJCNVWPI 2TCEJVGZGORNCT XQP RQNKGTVGP 5VGORGNP 5VGORGNINCP\

(TCPMGP IGRT·IV \WO 'KFIGPÌUUKUEJGP (GNFUEJKGGP KP #RRGP\GNN I (GKPIQNF (D 5EJN 0WT 'ZGORNCTG IGRT·IV +P 1TKIKPCNGVWK 2QNKGTVG 2NCVVG

'+&)'0155'05%*#(6

1261

5'4$+'0

/KNCP +8 1DTGPQYKVUEJ &KPCTC # 2CTKU I (GKPIQNF (D 5EJN 5GJT UEJÌP

1263

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1262

1263

52#0+'0

(GTPCPFQ WPF +UCDGN &QRRGNVG 'ZEGNGPVG Q , 5GXKNNC I &KG IGMTÌPVGP $TWUVDKNFGT GKPCPFGT IGIGPÒDGT FC\YKUEJGP GKP 2WPMV WPVGP 5 \YKUEJGP XKGT 2WPMVGP WPF QDGP GKP 5VGTP \YKUEJGP GDGPHCNNU XKGT 2WPMVGP #FNGT N JKPVGT IGMTÌPVGO 9CRRGP % % 6 (D 5GJT UEJÌP

%CTNQU +++ 'UEWFQU / 2, /CFTKF I % % 6 (D

1265

5GJT UEJÌP

1266

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'UEWFQU / &8 /CFTKF I % % 6 (D

%CTNQU +8 'UEWFQU / /( /CFTKF I (GKPIQNF % % 6 (D 5EJN 5GJT UEJÌP

+UCDGNNC ++ 4GCNGU $ 25 $CTEGNQPC I (GKPIQNF % % 6 (D 5EJN 5GJT UEJÌPpXQT\ÒINKEJ

1267

65%*'%*15.19#-'+

5GJT UEJÌPpXQT\ÒINKEJ

1268

1269

65%*'%*+'0

4GRWDNKM &WMCV -TGOPKV\ OKV FGT NCWHGPFGP 0T 5V 9GP\GN I (GKPIQNF (D 5EJN 0WT 'ZGORNCTG IGRT·IV 8QT\ÒINKEJ

&WMCVGP -TGOPKV\ ,CJTGUVCI FGT 4GRWDNKM I (GKPIQNF (D 5EJN -N 4CPFHGJNGT XQT\ÒINKEJ

&WMCVGP -TGOPKV\ ,CJTGUVCI FGT 4GRWDNKM I (GKPIQNF (D 5EJN

8QT\ÒINKEJ

1271 1270

&WMCVGP -TGOPKV\ 5V 9GP\GN I (GKPIQNF (D 5EJN 0WT 'ZGORNCTG IGRT·IV 8QT\ÒINKEJ

&WMCV -TGOPKV\ CWH FGP 6QF XQP &T #PVQPKP 5XGJNC I (GKPIQNF (D 5EJN 0WT 'ZGORNCTG IGRT·IV 8QT\ÒINKEJ

1275

1277

1275

&WMCV -TGOPKV\ CWH FGP 6QF XQP &T #PVQPKP 5XGJNC I (GKPIQNF (D 5EJN 0WT 'ZGORNCTG IGRT·IV 8QT\ÒINKEJ

)QNFOGFCKNNG \W &WMCVGP XQP - 5RCPKGN CWH FGP VUEJGEJKUEJGP /CNGT ,QUGH /±PGU $ÒUVG XQP /±PGU T $TWUVDKNF FGT ,QUGHKPC JCNDN /KV 2WP\G /- CWH FGT 4ÒEMUGKVG OO I (D 5EJN (CUV 5VGORGNINCP\

,QUGH /±PGU YWTFG CO /CK KP 2TCI CNU 5QJP GKPGU DGTÒJOVGP 8CVGTU FGU .CPFUEJCHVUOCNGTU #PVQPÃP /±PGU IGDQTGP XQP FGO GT CWEJ UGKPG OCNGTKUEJG #WUDKNFWPI CP FGT -WPUVJQEJUEJWNG KP 2TCI GTJKGNV 'T IKNV CNU FGT DGFGWVGPFUVG VUEJGEJKUEJG -ÒPUVNGT FGU ,CJTJWPFGTVU WPF $GITÒPFGT FGT PGWGTGP VUEJGEJKUEJGP /CNGTGK 0KEJV WOUQPUV Y·JNVG KJP FKG 8GTGKPKIWPI FGT VUEJGEJKUEJGP DKNFGPFGP -ÒPUVNGT CNU 0COGPUIGDGT KJTGT 8GTGKPK IWPI 587 /±PGU 5GKP XKGNUGKVKIGU 9GTM WOHCUUV .CPFUEJCHVGP 2QTVT·VU JKUVQTKUEJG 5\GPGP )GPTGOCNGTGKGP UQYKG XQNMUMWPFNKEJG WPF DQVCPKUEJG 5VWFKGP <WP·EJUV UVCPF UGKP 5EJCHHGP KP FGT 6TCFKVKQP FGT GWTQR·KUEJGP 4QOCPVKM 5GKP )GURÒT HÒT FKG 9KTMNKEJMGKV GPVHCNVGVG UKEJ CDGT GTUV XQNN KP <GKEJPWPIGP OKV /QVKXGP CWU FGO .GDGP FGT GKPHCEJGP .GWVG KP $ÌJOGP WPF FGT 5NQYCMGK KP FGPGP GT FKG 6T·IGT FGU 0CVKQPCNIGFCPMGPU UCJ &KG .KGDG \W UGKPGT VUEJGEJKUEJGP *GKOCV MQOOV KP XKGNGP UGKPGT .CPFUEJCHVUDKNFGT \WO #WUFTWEM &GUÌHVGTGP HÒJTVG /±PGU CWEJ #WHVTCIUCTDGKVGP CWU W C )GUVCNVWPIGP XQP (CJPGP )TWCFTGUUGP WPF FKG XGTUEJKGFGPUVGP -WPUV IGIGPUV·PFG &GP *ÌJGRWPMV KP UGKPGO 5EJCHHGP GTTGKEJVG /±PGU KO ,CJT CNU GT FGP #WHVTCI \WT #WU UEJOÒEMWPI FGU *QTQNQIKWOU 1TNQL CO 2TCIGT #NVUV·FVGT 4CVJCWU CPPCJO WPF FKG /GFCKNNQPU FGT /QPCVG WPF FGT 6KGTMTGKU\GKEJGP IGUVCNVGVG *KGT DTCEJVG GT UGKP IGUCOVGU -WPUVXGTUV·PFPKU GKP KP GKPG NGDGPFKIG +F[NNG FGU .GDGPU FGT GKPHCEJGP .GWVG DGK FGT #TDGKV WPF FGT 4WJG ,QUGH /±PGU UVCTD CO &G\GODGT KP 2TCI 5GKP 9GTM CDGT JCV DKU JGWVG FGP CNNGTITÌVGP 'KPHNW CWH FKG IGUCOVG 'PVYKEMNWPI FGT VUEJGEJQUNQYCMKUEJGP -WPUV &KG 4ÒEMUGKVGPFCTUVGNNWPI FGT XQTNKGIGPFGP /GFCKNNG DG\KGJV UKEJ CWH GKP )GO·NFG XQP /±PGU ¤N CWH .GKPYCPF Z EO CWU FGO ,CJT FCU UKEJ JGWVG KP FGT 0CVKQPCN )CNGTKG KP 2TCI DGHKPFGV &KGUGU )GO·NFG FKGPVG CWEJ CNU 8QTNCIG HÒT GKPG $TKGHOCTMG FKG XQP FGT 6UEJGEJQUNQYCMGK CWUIGIGDGP YWTFG &CU 2QTVT·V FCU GTUV PCEJ FGO 6QF XQP /±PGU XGTÌHHGPVNKEJV YWTFG YCT PKEJV CNU #WHVTCI IGOCNV YQTFGP &KG +FGPVKV·V FGT FCTIGUVGNNVGP &COG ,QUGHKPC YWTFG PKG XÌNNKI IGMN·TV 'PVYGFGT JCPFGNV GU UKEJ WO GKPG WPDGMCPPVG 5EJCWURKG NGTKP QFGT GU KUV ,QUGH /CPGU WPINÒEMNKEJG .KGDG (CP[PMC 5 &KG IGHÒJNXQNNG &CTUVGNNWPI ÒDGTUVGKIV FGP 4CJOGP GKPGU V[RKUEJGP 2QTVT·VU FWTEJ FKG GTMGPPDCT UGJT UWDLGMVKXG $G\KGJWPI FGU /CNGTU \WT CDIGDKNFGVGP 2GTUQP

1278

)QNFOGFCKNNG \W &WMCVGP XQP - 5RCPKGN CWH #NDTGEJV XQP 9CNNGPUVGKP $TWUVDKNF T )GMTÌPVGU 9CRRGP OO I (D 5EJN 0WT 'ZGORNCTG IGRT·IV (CUV 5VGORGNINCP\

1281

1280

1279

6ª4-'+

4GRWDNKM UGKV 2KCUVGT ,CJT -QPUVCPVKPQRGN +UVCPDWN 2T·UKFGPV +UOGV +PÌPÒ I (GKPIQNF (D 5EJN 8QT\ÒINKEJ

2KCUVGT ,CJT -QPUVCPVKPQRGN +UVCPDWN 2T·UKFGPV +UOGV +PÌPÒ I (GKPIQNF (D 5EJN 8QT\ÒINKEJ

8QNMUTGRWDNKM (QTKPV 6QFGUVCI XQP /KMNQU <TKP[K I (GKPIQNF (D 5EJN 0WT 'ZGORNCTG IGRT·IV 2QNKGTVG 2NCVVG

70)#40

)1.&/ª0<'0 #75 ª$'45''

1282

1283

1284

#7564#.+'0

8KEVQTKC 5QXGTGKIP 5[FPG[ I (GKPIQNF (D 5EJN ªDGTFWTEJUEJPKVVNKEJ GTJCNVGP 9KP\ -TCV\GT UGJT UEJÌP

5QXGTGKIP 5[FPG[ I (GKPIQNF (D 5EJN -TCV\GT CWH FGT 4ÒEMUGKVG HCUV XQT\ÒINKEJ

5QXGTGKIP / /GNDQWTPG I (GKPIQNF (D 5EJN 5GCD[

5GJT UEJÌPpXQT\ÒINKEJ

1285

1286

5QXGTGKIP / /GNDQWTPG I (GKPIQNF (D 5EJN 5GCD[ 5QXGTGKIP 5 5[FPG[ I (GKPIQNF (D 5EJN 5GCD[

1287

8QT\ÒINKEJ 8QT\ÒINKEJ

1288

$4#5+.+'0

,QUGH 4GKU 4 4KQ FG ,CPGKTQ I (D )QOGU ,Q

5GJT UEJÌP

/CTKC + 4GKU 4 4KQ FG ,CPGKTQ I (D )QOGU / 8QT\ÒINKEJ

1289

1290

%*+.'

(GTPCPFQ 8+ 'UEWFQU 5Q , 5CPVKCIQ I % % 6 (D 2T·IGUEJY·EJG UGJT UEJÌP

%CTNQU +8 'UEWFQU 5Q &# 5CPVKCIQ I % % 6 (D 5EJN -N -TCV\GT UGJT UEJÌPpXQT\ÒINKEJ

1292

4'27$.+-

'UEWFQU I (GKPIQNF (D

,1&*274 /#49#4

1293

1291

-N 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJGU 'ZGORNCT

+0&+'0

7OCKF 5KPIJ Ô /QJWT Q , I )GOGKPUEJCHVURT·IWPI OKV )GQTI 8+ XQP )TQ DTKVCPPKGP (D 8QT\ÒINKEJ

Ô /QJWT Q , I )GOGKPUEJCHVURT·IWPI OKV )GQTI 8 XQP )TQDTKVCPPKGP (D 8QT\ÒINKEJ

1294

1,5:1

1295

5+-* '/2+4' 270,#$

&WNKR 5KPIJ )QNF 4WRGG 85 I (D

8QT\ÒINKEJ

/W\\CHHCTGFKP 6QOCP #* I (GKPIQNF (D 5EJYCEJ CWUIGRT·IV HCUV UGJT UEJÌP

+4#0

1296

1297

1298

1299

-1.7/$+'0

%CTNQU +++ 'UEWFQU 20 , 2QRC[CP I % % 6 (D -N 4CPFHGJNGT UGJT UEJÌP

'UEWFQU 04 ,, 5CPVC (G I % % 6 (D -N 5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌP

(GTPCPFQ 8++ 'UEWFQU 04 ,( 5CPVC (G I (GKPIQNF % % 6 (D 5EJN 9KP\ 4CPFp WPF 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

'UEWFQU 04 ,( 5CPVC (G I (GKPIQNF % % 6 (D 5EJN 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

1300

1301

4GRWDNKM 0WGXC )TCPCFC 2GUQU 2QRC[CP I (GKPIQNF (D 9KP\ 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

2GUQU 2QRC[CP I (GKPIQNF (D

5GJT UEJÌPpXQT\ÒINKEJ

1302

1303

/':+-1

4GRWDNKM 'UEWFQU 2( )1 )WCPCLWCVQ I (GKPIQNF (D )TQXG ÂªDGTFWTEJUEJPKVVNKEJ GTJCNVGP 8QT\Ã&#x2019;INKEJ

8GTGKPKIVG 5VCCVGP UGKV 2GUQU I (GKPIQNF 1HHK\KGNNG 0GWRTÂ·IWPI (D 4 )TQXG 9KP\ 4CPFHGJNGT XQT\Ã&#x2019;INKEJ

1305 Pt

1304

2#0#/#

4GRWDNKM $CNDQCU I (GKPIQNF (D

$CNDQCU CWH FKG ,CJTHGKGT FGT 'KPDGTWHWPI FGU 2CPCOGTKMCPKUEJGP -QPITGUUGU KP 2C PCOC FWTEJ 5KOQP $QNKXCT I HGKP (D 2.#6+0 +P 1TKIKPCNGVWK 2QNKGTVG 2NCVVG

1307

+P 1TKIKPCNGVWK 2QNKGTVG 2NCVVG

1308

1306

2'47

4GRWDNKM UGKV 5QNGU I (GKPIQNF (D

)GQTIG 8+ 2QWPF 2TGVQTKC I (GKPIQNF (D 5EJN

4GRWDNKM 2QWPF I (GKPIQNF (D

5Âª&#(4+-# 5;4+'0

4CPFHGJNGT HCUV XQT\Ã&#x2019;INKEJ

8QT\Ã&#x2019;INKEJ

1,5:1

1309

1,5:1

6*#+.#0&

%JWNCNQPIMQTP $CJV (WCPI Q , I (GKPIQNF $TWUVDKNF N )GMTÌPVGU 9CRRGP \YKUEJGP 5EJKTOGP (D 8QT\ÒINKEJp5VGORGNINCP\

1310

1311

670'5+'0

7PVGT QUOCPKUEJGT *GTTUEJCHV 5WNVCP #DFWN /GLKF 2KCUVGT #* 6WPKU KO 0COGP FGU /QJCOOGF $GK I (GKPIQNF (D 5EJN 5GJT UEJÌP

2KCUVGT #* 6WPKU KO 0COGP FGU /QJCOOGF $GK I (GKPIQNF (D 5EJN 5GJT UEJÌP

1314

1313

1315

1312

5WNVCP #DFWN #\K\ 2KCUVGT #* 6WPKU KO 0COGP FGU /QJCOOGF #N 5CFKM $GK I (GKPIQNF (D 5EJN 4 5GJT UEJÌPpXQT\ÒINKEJ

2KCUVGT #* 6WPKU KO 0COGP FGU /QJCOOGF #N 5CFKM $GK I (GKPIQNF (D 5EJN 5GJT UEJÌP

#DFWN *COKF ++ 2KCUVGT #* 6WPKU KO 0COGP FGU /QJCOOGF #N 5CFKM $GK I (GKPIQNF (D 5EJN 5GJT UEJÌP

1316

1317

8'4'+0+)6' 56##6'0 810 #/'4+-# 75#

(ÌFGTCVKQP &QNNCTU 5 5CP (TCPEKUEQ .KDGTV[ I (GKPIQNF (D

&QNNCTU 5 5CP (TCPEKUEQ .KDGTV[ I (GKPIQNF /KV /QVVQ +0 )1& 9' 64756 (D 5GJT UEJÌP

4 5GJT UEJÌP

1319

1318

&QNNCTU 5 5CP (TCPEKUEQ .KDGTV[ I (GKPIQNF /KV /QVVQ +0 )1& 9' 64756 (D (CUV XQT\ÒINKEJ

&QNNCTU 2JKNCFGNRJKC .KDGTV[ I (GKPIQNF /KV /QVVQ +0 )1& 9' 64756 (D (CUV XQT\ÒINKEJ

1320

1322

1321

&QNNCTU 2JKNCFGNRJKC 5VCVWG I (GKPIQNF (D

&QNNCTU 2JKNCFGNRJKC 5VCVWG I (GKPIQNF /KV /QVVQ +0 )1& 9' 64756 (D (CUV XQT\ÒINKEJ

&QNNCTU 2JKNCFGNRJKC 5VCVWG I (GKPIQNF /KV /QVVQ +0 )1& 9' 64756 (D 8QT\ÒINKEJ

1323

1325

5GJT UEJÌP

1324

&QNNCTU 2JKNCFGNRJKC .KDGTV[ I (GKPIQNF (D &QNNCTU 1 0GY 1TNGCPU .KDGTV[ I (GKPIQNF (D

4CPFHGJNGT UGJT UEJÌP 5GJT UEJÌP

&QNNCTU 1 0GY 1TNGCPU .KDGTV[ I (GKPIQNF (D 4 0WT 'ZGORNCTG IGRT·IV 5GJT UEJÌP

)1.&/ª0<'0 70& )1.&/'&#+..'0 &'4 *#$5$74)+5%*'0 '4$.#0&' ¤56'44'+%*

1326

4¤/+5%* &'765%*'5 4'+%*

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1327

1329

1328

'T\JGT\QI /CZKOKNKCP CNU *QEJOGKUVGT FGU &GWVUEJGP 1TFGPU &WMCV Q , *CNN I (D / 6 0GWOCPP -N 4CPFHGJNGT MN -TCV\GT HCUV XQT\ÒINKEJ

'T\JGT\QI /CZKOKNKCP &WMCV Q , *CNN I (D / 6 44 /KP IGYGNNV MN -GTDG KO (GNF XQT\ÒINKEJ

(GTFKPCPF +++ &WMCVGP -$ -TGOPKV\ I (D *GTKPGM 44 )GYGNNV UGJT UEJÌP

1,5:1

1330

1331

1,5:1

&WMCV -$ -TGOPKV\ I (D *GTKPGM

5GJT UEJÌP

.GQRQNF + &WMCV 9KGP I (D *GTKPGM 8QP ITQGT 5GNVGPJGKV 8QT\ÒINKEJ

1332

)QNFOGFCKNNG XQP %JT * 4QVJ CWH FKG 'KPPCJOG XQP 1HGP IGRT·IV CWH 8GTCPNCUUWPI FGU -COOGTITCHGP , 9 8KGEJVGT &GT -CKUGT UKV\V KP GKPGO XQP XKGT 2HGTFGP IG\QIGPGP 5VTGKVYCIGP HCUV X X \W FGP 5GKVGP -TKGIGT WPF FKG GTQDGTVGP VÒTMKUEJGP (CJPGP T KO (GNF FCU 9CRRGP XQP .QVJ TKPIGP QDGP UVTCJNGPFGU )QVVGUCWIG JKPVGT 9QNMGP #PUKEJV FGT DGNCIGTVGP 5VCFV 1HGP QDGP #FNGT OKV <GRVGT WPF $NKV\GP OO I 5NI /QPVGPWQXQ 44 *GPMGNURWT MN 5COONGTRWP\G NGKEJV IGYGNNV UGJT UEJÌP

1333

1334

&WMCV -$ -TGOPKV\ I (D *GTKPGM

/KP DGTKGDGP UGJT UEJÌPpXQT\ÒINKEJ

&WMCV -$ -TGOPKV\ I (D *GTKPGM -N 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJp5VGORGNINCP\

1335

1336

1337

1338

1339

-CTN 8+ &WMCV *CNN I (D *GTKPGM 9KP\ &TWEMUVGNNG CO 4CPF UGJT UEJÌP

/CTKC 6JGTGUKC 5QWXGTCKP F QT #PVYGTRGP I &GNO '[RGNVCWGT C (D 5GJT UEJÌP

5QWXGTCKP F QT #PVYGTRGP I &GNO '[RGNVCWGT (D /KP RQTÌUGT 5EJTÌVNKPI UGJT UEJÌP

&WMCV -CTNUDWTI I '[RGNVCWGT (D &WMCV *) -CTNUDWTI I '[RGNVCWGT C (D

1340

1341

1343

1344

&WMCV #5 *CNN I '[RGNVCWGT (D 4 5GJT UEJÌPpXQT\ÒINKEJ XQT\ÒINKEJ &WMCV *) -CTNUDWTI I '[RGNVCWGT C (D 5GJT UEJÌP &WMCV *5 -CTNUDWTI I '[RGNVCWGT (D XIN 5GJT UEJÌP ,QUGH ++ &WMCVGP # 9KGP I (D , 8QT\ÒINKEJ &WMCV ( *CNN I (D , .GKEJVG -PKEMURWT HCUV XQT\ÒINKEJ

1345

1342

8QT\ÒINKEJ 9KP\ 4CPFHGJNGT HCUV XQT\ÒINKEJ

1346

&WMCV ( *CNN I (D , 5GJT UEJÌPpXQT\ÒINKEJ XQT\ÒINKEJ .GQRQNF ++ &WMCV -TGOPKV\ I (D , 4 8QT\ÒINKEJ

1347

1348

-NGKPG )QNFOGFCKNNG WPUKIPKGTV CWH FKG -TÌPWPI UGKPGT )GOCJNKP /CTKC .WFQXKEC \WT DÌJOK UEJGP -ÌPKIKP KP 2TCI CO 5GRVGODGT 5GEJU <GKNGP 5EJTKHV <GRVGT WPF ¤N\YGKI ÒDGTGKPCPFGTIG NGIV FCTÒDGT FKG DÌJOKUEJG -TQPG OO I &C\W (TCP\ ++ -NGKPG )QNFOG FCKNNG WPUKIPKGTV CWH FKG -TÌPWPI UGKPGT )GOCJNKP /CTKC 6JGTGUKC \WT WPICTKUEJGP -ÌPKIKP CO ,WPK KP 1HGP $WFC 5KGDGP <GKNGP 5EJTKHV <GRVGT WPF ¤N\YGKI ÒDGTGKPCPFGTIGNGIV FCTÒDGT FKG WPICTKUEJG -TQPG OO I 5NI /QPVGPWQXQ FQTV KP 5KNDGT 5VÒEM -N -TCV\GT Z XQT\ÒINKEJ

(TCP\ ++ 5QXTCPQ 8 UR·VGTG 2T·IWPI XQP 8GPGFKI I (GKPIQNF (D , 5EJN 5GJT UEJÌP

$GK 5EJNWODGTIGT H·NUEJNKEJ CNU 2T·IWPI FGT /ÒP\UV·VVG )ÒP\DWTI CPIGIGDGP UKGJG ,CGIGT $CPF 5

1349

-#+5'44'+%* ¤56'44'+%*

(TCP\ + &WMCVGP # 9KGP I (GKPIQNF )GJCTPKUEJVGU $TWUVDKNF T OKV .QTDGGTMTCP\ )GMTÌPVGT &QRRGNCFNGT OKV IGMTÌPVGO 5EJKNF (D , 5EJN 4 9KP\ 4CPFHGJNGT OKP LWUVKGTV UGJT UEJÌP

0CEJFGO UKEJ (TCP\ ++ \WO -CKUGT XQP ¤UVGTTGKEJ GTMN·TV JCVVG ICD GU KP FGT ªDGTICPIU\GKV DKU \WT #WH ICDG FGT TÌOKUEJ FGWVUEJGP -CKUGTYÒTFG GKP &QRRGNMCKUGTVWO FCU CNVG 9CJNMCKUGTVWO FGU *GKNKIGP 4ÌOK UEJGP 4GKEJGU WPF FCU 'TDMCKUGTVWO ¤UVGTTGKEJ #WH FGO XQTNKGIGPFGP 5VÒEM YKTF FKGUGT <WUVCPF JGTCNFKUEJ XGTFGWVNKEJV &GT ÌUVGTTGKEJKUEJG 5EJKNF KUV OKV FGT ÌUVGTTGKEJKUEJGP *CWUMTQPG DGFGEMV WPF ÒDGT FGO &QRRGNCF NGT UEJYGDV FKG CNVG 4GKEJUMTQPG 'U JCPFGNV UKEJ CNUQ UQYQJN WO FKG GTUVGP MCKUGTNKEJ ÌUVGTTGKEJKUEJGP 2T·IWPIGP CNU CWEJ WO FKG NGV\VGP /ÒP\GP FGU 4ÌOKUEJ &GWVUEJGP 4GKEJGU

1350

1351

1352

1356

(TCP\ ,QUGH + &WMCV $ -TGOPKV\ I (GKPIQNF (D , 5EJN 4 -N 4CPFHGJNGT XQT\ÒINKEJ

&WMCV # 9KGP I (GKPIQNF (D , 5EJN 8QT\ÒINKEJp5VGORGNINCP\ (TCPMGP (QTKPV -$ -TGOPKV\ I (GKPIQNF (D , 5EJN 4 8QT\ÒINKEJ

(TCPMGP (QTKPV -$ -TGOPKV\ I (GKPIQNF (D , C 5EJN 5GJT UEJÌPpXQT\ÒINKEJ

(TCPMGP (QTKPV -$ -TGOPKV\ I (GKPIQNF (D , C 5EJN 8QT\ÒINKEJ (TCPMGP (QTKPV -$ -TGOPKV\ I (GKPIQNF (D , C 5EJN 8QT\ÒINKEJ (TCPMGP (QTKPV -$ -TGOPKV\ I (GKPIQNF (D , C 5EJN 5GJT UEJÌP

1357

1358

1360

(TCPMGP (QTKPV -$ -TGOPKV\ I (GKPIQNF (D , C 5EJN 4 8QT\ÒINKEJ

(TCPMGP (QTKPV -$ -TGOPKV\ I (GKPIQNF (D , D 5EJN 4 5GJT UEJÌPpXQT\ÒINKEJ

-TQPGP 9KGP -TQPGP 9KGP &C\W (TCPMGP (QTKPV -$ -TGOPKV\ -TQPGP -$ -TGOPKV\ +PUIGUCOV I (GKPIQNF (D , 5EJN 5VÒEM 5GJT UEJÌPpXQT\ÒINKEJ

&WMCV # 9KGP CWH FCU L·JTKIG 4GIKGTWPIULWDKN·WO I (GKPIQNF (D , 5EJN 8QT\ÒINKEJ

1361

1362

1365

1364

1363

-TQPGP -$ -TGOPKV\ CWH FCU L·JTKIG -TÌPWPIULWDKN·WO CNU -ÌPKI XQP 7PICTP I (GKPIQNF (D , 5EJN 8QT\ÒINKEJ

-TQPGP 9KGP I (GKPIQNF (D , 5EJN

4 8QT\ÒINKEJ

-TQPGP 9KGP I (GKPIQNF (D , 5EJN 4 0WT 'ZGORNCTG IGRT·IV 5GJT UEJÌPpXQT\ÒINKEJ

4GRWDNKM -TQPGP 9KGP I (GKPIQNF (D , 5EJN 8QT\ÒINKEJ

5EJKNNKPI 9KGP I (GKPIQNF (D , 5EJN 5GNVGPGT ,CJTICPI 0WT 'ZGORNCTG IGRT·IV (CUV 5VGORGNINCP\

4'27$.+- ¤56'44'+%*

1366

1367

1368

5EJKNNKPI 9KGP 5V .GQRQNF I (GKPIQNF (D , 5EJN 8QT\ÒINKEJp5VGORGNINCP\

&+' )'+56.+%*-'+6 +0 &'0 *#$5$74)+5%*'0 '4$.#0&'0 5#.<$74) '4<$+567/

9QNH &KGVTKEJ XQP 4CKVGPCW &WMCVGP OKV 6KVGN 4WFQNHU ++ I (D 2TQDU\V 5GJT UEJÌP

/CZ )CPFQNRJ XQP -ÒGPDWTI &WMCV I (D 2TQDU\V /KP IGYGNNV HCUV XQT\ÒINKEJ

&'765%*' )1.&/ª0<'0 70& )1.&/'&#+..'0

1369

1370

1371

#7)5$74)

56#&6

&WMCV OKV 6KVGN (GTFKPCPFU +++ I (QTUVGT (D &WMCV OKV 6KVGN .GQRQNFU + I (QTUVGT (D

<CKPGPFG HCUV XQT\ÒINKEJ 2T·IGUEJY·EJG UGJT UEJÌP

$#&'0 $#&'0 &74.#%* /#4-)4#(5%*#(6 5'+6 -74(ª456'067/ 5'+6 )4155*'4<1)67/

-CTN (TKGFTKEJ &WMCV CWH FKG )GDWTV UGKPGT 'PMGNKPPGP FGT <YKNNKPIG -CVJCTKPC #OCNKC WPF -CTQNKPG (TKGFGTKMG 9KNJGNOKPG IGYKFOGV XQP FGT 5VCFV -CTNUTWJG I $TWUVDKNF UGKPGT 5EJYKGIGTVQEJVGT #OCNKG (TKGFGTKMG XQP *GUUGP &CTOUVCFV T CO #TOCDUEJPKVV /ÒP\OGKUVGT \GKEJGP + * ,CMQD *CWVGT /ÒP\OGKUVGT KP $CFGP &KG 9CRRGPUEJKNFG XQP $CFGP WPF *GUUGP CPGKPCPFGTIGNGJPV FCTÒDGT -TQPG (D 9KGNCPFV 5 9KGNCPFV <GKV\ #O 4CPF GVYCU LWUVKGTV HCUV XQT\ÒINKEJ

1372

1372 1,5:1

$#/$'4)

$+567/

(TCP\ .WFYKI XQP 'TVJCN &WMCV 0ÒTPDGTI CWH FKG *WNFKIWPI FGT 5VCFV $CODGTI I $TWUVDKNF T KO 1TPCV KO #DUEJPKVV FTGK <GKNGP 5EJTKHV &KG RGTUQPKHK\KGTVG 5VCFV $CODGTI OKV 5VCFVUEJKNF UKV\V N XQT GKPGT DGUEJTKHVGVGP 2[TCOKFG FCTCWH 4CPMG WPF IGHNÒIGNVG (CPHCTG (D -TWI 8QT\ÒINKEJ

1374

1373

$#;'40 *'4<1)67/ 5'+6 -74(ª456'067/ 5'+6 -¤0+)4'+%*

.WFYKI + )QNFOGFCKNNG XQP , , 0GWUU CWH FKG #PYGUGPJGKV FGU -ÌPKIURCCTGU KO 4JGKPMTGKU $ÒUVGP .WFYKIU WPF UGKPGT )GOCJNKP 6JGTGUG XQP 5CEJUGP *KNFDWTIJCWUGP PGDGPGKP CPFGT T 0GWP <GKNGP 5EJTKHV OO I 9KVV FQTV KP 5KNDGT 8QP ITQGT 5GNVGPJGKV 8QT\ÒINKEJ /CZKOKNKCP ++ &WMCV I &KXQ 5 (D 5EJN

8QT\ÒINKEJ

1376

1375

$4#0&'0$74) +0 (4#0-'0 $4#0&'0$74) #05$#%* /#4-)4#(5%*#(6

(TKGFTKEJ #NDGTV WPF %JTKUVKCP &WMCV I (D 5NI 9KNO XIN /KP <CKPGPFG UGJT UEJÌPpXQT\ÒINKEJ

$4#0&'0$74) 24'755'0 $4#0&'0$74) /#4-)4#(5%*#(6 5'+6 &'/ ,#*4*70&'46 -74(ª456'067/

,QJCPP 5KIKUOWPF )QNFGPG QXCNG )WOGFCKNNG Q , WPUKIPKGTV )GJCTPKUEJVGU $TWUV DKNF T OKV ITQGT *CNUMTCWUG WPF WOIGNGIVGO /CPVGN 7PVGT -WTJWV FCU HGNFKIG 9CRRGP OKV FGO MWTHÒTUVNKEJGP /KVVGNUEJKNF Z OO I $TQEMOCPP (GKP \KUGNKGTV XQT\ÒINKEJGU 'ZGORNCT

1377

(TKGFTKEJ 9KNJGNO FGT )TQG -WTHÒTUV &WMCVGP %6 $GTNKP I É (4+& Ü 9+.* Û & Ü ) Û / Û $4 Û 5 Û 4 Û + Û #4%*+% Û '6 '.'%614 Û )GJCTPKUEJVGU *ÒHVDKNF FGU -WT HÒTUVGP N OKV <GRVGT KP FGT GTJQDGPGP 4GEJVGP /#)& Û 24 Û + Û % Û / Û 5 Û 2 Ü % Û 8 Û 5 Û % Û % Û & Û $ Û 0 Û * Û '6 / Û 24 Û /KV FGO -WTJWV DGFGEMVGT HGNFKIGT 9CRRGPUEJKNF \W FGP 5GKVGP FGU -WTJWVU WPVGP \W FGP 5GKVGP /ÒP\OGKUVGT\GKEJGP % 6 %CTQN 6JCWGT /ÒP\OGKUVGT KP $GT NKP (D X 5EJT 8QP ITQGT 5GNVGPJGKV (GNFGT ÒDGTCTDGKVGV FGPPQEJ CVVTCMVKXGU 'ZGORNCT 5GJT UEJÌPpXQT\ÒINKEJ 'U JCPFGNV UKEJ DGK FKGUGT CVVTCMVKXGP )QNFOÒP\G WO GKP &QPCVKX )GUEJGPMOÒP\G FCU XQO -WTHÒTUVGP CP JQJG 2GTUÌPNKEJMGKVGP XGTUEJGPMV YWTFG &CU (ÒPHFWMCVGPUVÒEM KUV UQOKV CNU 8QTN·WHGT FGT UR·VGTGP 1TFGP \W DGVTCEJ VGP 5Q DGHCJN (TKGFTKEJ 9KNJGNO CO #RTKN CWU -ÌPKIUDGTI KP $GTNKP UEJNGWPKIUV (ÒPHFWMCVGPUVÒEMG RT·IGP \W NCUUGP WO UKG CP CWUY·TVKIG )GUCPFVG \W XGTUEJGPMGP UKGJG X 5EJTÌVVGT /ÒP\ WPF )GNFIGUEJKEJVG 5 %CTQN 6JCWGT YCT /ÒP\OGKUVGT KP $GTNKP XQP DKU &C FKG (KPCP\NCIG FGU -WTHÒTUVGPVWOU \W FKGUGT <GKV TGEJV CPIGURCPPV YCT MQPPVG PWT GKP /ÒP\OGKUVGT WPF MGKP 9CTFGKP GKPIGUVGNNV YGTFGP 6JCWGT PCPPVG UKEJ CDGT YKG FCOCNU XKGNG UGKPGT <WPHV 9CTFGKP FC FKGU FCU JÌJGTG #OV YCT

1378

1379

1378

24'755'0 -¤0+)4'+%*

(TKGFTKEJ 9KNJGNO + FGT 5QNFCVGPMÌPKI &WMCV *(* /CIFGDWTI I (D X 5EJT 5GJT UEJÌPpXQT\ÒINKEJ

&WMCV ')0 $GTNKP I (D X 5EJT

.GKEJV IGYGNNV XQT\ÒINKEJ

1380

1381

&WMCV ')0 $GTNKP I (D X 5EJT

5GJT UEJÌPpXQT\ÒINKEJ

&WMCV ')0 $GTNKP I (D X 5EJT 9KP\ 5EJTÌVNKPIUHGJNGT CO 4CPF HCUV XQT\ÒINKEJ

1382

1383

1384

(TKGFTKEJ ++ FGT )TQG (TKGFTKEJU F QT # $GTNKP I (D 1NF D X 5EJT 5GJT UEJÌP

(TKGFTKEJU F QT # $GTNKP I (D 1NF X 5EJT (TKGFTKEJU F QT # $GTNKP I (D 1NF X 5EJT

5GJT UEJÌP 9KP\ -TCV\GT XQT\ÒINKEJ

1385

1386

(TKGFTKEJ 9KNJGNO +++ (TKGFTKEJU F QT # $GTNKP (TKGFGPUV[R I (D , 5EJN 9KP\ -TCV\GT XQT\ÒINKEJ

&QRRGNVGT (TKGFTKEJU F QT # I &KXQ 5 (D 5EJN

1387

1388

8QT\ÒINKEJ

1387

$4#705%*9'+) 70& .ª0'$74) $4#705%*9'+) %#.'0$'4) *#0018'4 #$ -74(ª456'067/ *#0018'4 #$ -¤0+)4'+%* *#0018'4

)GQTI ++ )QNFIWNFGP 6CNGT *CPPQXGT I (D 9GNVGT 5GJT UEJÌP

)GQTI +8 6CNGT $ I &KXQ 5 (D 5EJN /KP 4CPFHGJNGT YKP\ -TCV\GT XQT\ÒINKEJ

1389

1390

'TPUV #WIWUV 6CNGT $ I &KXQ 5 (D 5EJN 5GJT UEJÌPpXQT\ÒINKEJ

)GQTI 9KNJGNO Ó )QNFOGFCKNNG XQP $ 5VÌN\GT CWH UGKPGP 6QF $TWUVDKNF HCUV X X KP 7PKHQTO OKV 1TFGPUURCPIG )GMTÌPVGU XKGTHGNFKIGU 9CRRGP OKV /KVVGNUEJKNF OO I $TQEMOCPP 8QT\ÒINKEJ

)GQTI 9KNJGNO ·NVGUVGT 5QJP WPF \YGKVGU -KPF FGU *GT\QIU 'TPUV #WIWUV WPF FGUUGP )GOCJNKP 6J[TC XQP &·PGOCTM UVCTD CO /CK DGK 0CEMGN WPYGKV XQP 0GWTWRRKP CP FGP (QNIGP GKPGU #WVQWPHCNNU

1391

$4'5.#7

56#&6

)QNFOGFCKNNG \W &WMCVGP Q , XQP , $WEJJGKO CWH FKG .KGDG WPF FKG 'JG 'KP UKEJ MÒUUGPFGU 2CCT KP .QTDGGT\YGKIGP <YGK UEJP·DGNPFG 6CWDGP OO I ( W 5 XCT 5NI )QRRGN XCT 8QT\ÒINKEJGU 'ZGORNCT

1392

&'765%*'4 14&'0 &'765%*'4 14&'0 +0 /'4)'06*'+/

,QJCPP %CURCT XQP #ORTKPIGP &WMCVGP I &TGKHCEJ DGJGNOVGU XKGTHGN FKIGU 9CRRGP OKV /KVVGNUEJKNF FCTÒDGT FGT *QEJOGKUVGTUEJKNF /CFQPPC OKV -KPF WPF <GRVGT KP 5VTCJNGPMTCP\ (D C 0GWOCPP 8QP ITQGT 5GNVGPJGKV *GPMGNURWT HCUV UGJT UEJÌP

1393

$+567/

'+%*56 66

,QJCPP #PVQP ++ XQP (TG[DGTI &WMCV I %CJP (D 5GJT UEJÌPpXQT\ÒINKEJ

56#&6

1394

'4(746

7PVGT 5EJYGFGP )WUVCX ++ #FQNH &WMCV CWH UGKPGP 6QF 2QUVJWOG 2T·IWPI I #JNUVTÌO (D .GKEJV IGYGNNV UGJT UEJÌP

)WUVCX ++ #FQNH HKGN CO 0QXGODGT KP FGT 5EJNCEJV DGK .ÒV\GP

1396

1395

4'+%*5/ª0<56 66'

1397

1398

(4#0-(746

5KIKUOWPF XQP .WZGODWTI -ÌPKI /ÒP\UV·VVGPR·EJVGT ,CMQD 2TQINKP )QNFIWNFGP Q , I (D , W ( 5GJT UEJÌP

*#/$74)

56#&6

&WMCV I (D )CGF

.GKEJV IGYGNNV UGJT UEJÌP

5CVKTKUEJG )QNFOGFCKNNG \W &WMCVGP Q , CWH FKG $GUVGEJNKEJMGKV FGT MCKUGTNKEJGP -QOOKU UKQP *CPF OKV )GNFUVÒEMGP 8QT )GUKEJV IGURTGK\VG *CPF OO I %QNN (KGYGIGT

FQTV KP 5KNDGT )CGF ++ 5 FQTV KP 5KNDGT 4 8QT\ÒINKEJ

)QNFOGFCKNNG \W GKPGO &WMCVGP Q , CWH FKG $GUVGEJNKEJMGKV FGT MCKUGTNKEJGP -QOOKUUKQP *CPF OKV )GNFUVÒEMGP WPF GKPGO FCTÒDGTNKGIGPFGP <GVVGN 8QT )GUKEJV IGURTGK\VG *CPF WPF GKPGO FCTÒDGTNKGIGPFGP <GVVGN OO I %QNN (KGYGIGT FQTV KP 5KNDGT )CGF ++ 5 #PO 4 8QT\ÒINKEJ

1399

1400

)QNFOGFCKNNG \W GKPGO &WMCVGP Q , CWH FCU XKGTVG )GDQV <YGK 6CHGNP PGDGPGKPCPFGT FCTCWH FCU XKGTVG )GDQV 'KP KP GKPGP -ÒDGN IGRHNCP\VGT ITÌGTGT $CWO UVGJV \YKUEJGP \YGK MNGKPGTGP $·WOEJGP KP -ÒDGNP OO I )CGF ++ 5 XCT /KP IGYGNNV HCUV XQT\ÒINKEJ

&WMCV OKV 6KVGN -CTNU 8+ I (D )CGF

.GKEJV IGYGNNV UGJT UEJÌP

1401

$CPMRQTVWICNÌUGT \W &WMCVGP XQP , .CPIC WPF 2 &[HGEMG CWH FKG ,CJTHGKGT FGT ªDGT ICDG FGU 5EJNQUUGU 4KV\GDÒVVGN CP FKG 5VCFV *CODWTI $TWUVDKNFGT FGT $ÒTIGTOGKUVGT , 8GTUOCPP WPF - /KNGU T \W FGP 5GKVGP KJTG 9CRRGP FCTWPVGT FKG ,CJTGU\CJNGP 5GIGNUEJKHH CWH /GGT KO *KPVGTITWPF FGT 6WTO XQP 0GWYGTM WPVGP 5VCFVYCRRGP /KV 4CPFRWP\G * / )1.& OO I )CGF 0CEJVTCI 8QT\ÒINKEJp5VGORGNINCP\ )CGFGEJGPU DGOGTMV KP UGKPGO 0CEJVTCI FC FKG IQNFGPGP 'ZGORNCTG FKGUGT /GFCKNNG UR·VGTG XQO 5GPCV IG PGJOKIVG 2T·IWPIGP XQP FGP 1TKIKPCNUVGORGNP UKPF FKG \W )GUEJGPM\YGEMGP DGK ,WDKN·GP CP $GCOVG FGT 5VCFV CWUIGIGDGP YWTFGP

1402 1403

1404

*'55'0 *'55'0 &#4/56#&6 .#0&)4#(5%*#(6 5'+6 )4155*'4<1)67/

'TPUV .WFYKI &WMCV ,CJTGU\CJN KO 5VGORGN CWU IG·PFGTV &CTOUVCFV I (D XCT 5EJÒV\ 4 (CUV XQT\ÒINKEJ

*+.&'5*'+/

$+567/

(TKGFTKEJ 9KNJGNO XQP 9GUVHCNGP 6CNGT 2KUVQNG I $TWUVDKNF T OKV WO IGNGIVGO /CPVGN WPF OKV -TGW\ /KV FGO (ÒTUVGPJWV DGNGIVGU 9CRRGP FCJKPVGT -TWOOUVCD WPF 5EJYGTV IGMTGW\V KO *KPVGTITWPF 9CRRGPOCPVGN $CJTH (D 44 9KP\ -TCV\GT UGJT UEJÌP

-#7($'74'0

56#&6

)QNFMTQPG Q , OKV 6KVGN -CTNU 8 I )GMTÌPVGT &QRRGNCFNGT OKV ITQGO MCKUGTNK EJGP 9CRRGPUEJKNF CWH FGT $TWUV WPVGP 5VCFVYCRRGP $NCVVMTGW\ CP FGP XKGT 'PFGP LG GKPG -TQPG (D 0CW -N &TWEMUVGNNG XQT\ÒINKEJ

1405

1406

1407

-¤.0

'4<$+567/

(TKGFTKEJ +++ XQP 5CCTYGTFGP )QNFIWNFGP Q , WO $QPP I (D XIN 0QUU 5GJT UEJÌP

)QNFIWNFGP Q , WO $QPP I (D XIN 0QUU

5GJT UEJÌP

&KGVTKEJ ++ XQP /QGTU )QNFIWNFGP Q , 4KGN I (D 0QUU 5GJT UEJÌP

1408

56#&6

)QNFIWNFGP Q , I (D 0QUU XCT )QNFIWNFGP OKV 6KVGN 4WFQNHU ++ I (D 0QUU

1409

5GJT UEJÌP 5GJT UEJÌP

1410

1412

1411

1413

/#+0<

'4<$+567/

#FQNRJ + XQP 0CUUCW )QNFIWNFGP Q , $KPIGP I (D .KPM 5NI 9CNVJGT 5GJT UEJÌPpXQT\ÒINKEJ

-QPTCF XQP 9GKPUDGTI )QNFIWNFGP Q , $KPIGP I (D UKGJG #DDKNFWPI .KPM 5NI 9CNVJGT 'VYCU (WPFDGNCI UGJT UEJÌPpXQT\ÒINKEJ

,QJCPP ++ XQP 0CUUCW )QNFIWNFGP Q , *ÌEJUV I (D 5NI 9CNVJGT 5EJNGIGN -N 2T·IGUEJY·EJG UGJT UEJÌPpXQT\ÒINKEJ

)QNFIWNFGP Q , *ÌEJUV I (D 5NI 9CNVJGT 5EJNGIGN

5GJT UEJÌP

1416 1414

1415

7PVGT UEJYGFKUEJGT $GUCV\WPI FWTEJ )WUVCX #FQNH &WMCV /CKP\ I #JNUVTÌO (D D 5NI 9CNVJGT 44 5GJT UEJÌP

(TKGFTKEJ -CTN ,QUGRJ XQP 'TVJCN &WMCV /CKP\ I (D 5NI 9CNVJGT /KP IGYGNNV XQT\ÒINKEJ

)QNFCDUEJNCI \W &WMCVGP XQP FGP 5VGORGNP FGU -TGW\GT 5VÒEMGU /CKP\ I 2T #NGZ 5NI 9CNVJGT 8QT\ÒINKEJ

1417

4'+%*5/ª0<56 66'

1418

0ª40$'4)

5KIKUOWPF )QNFIWNFGP Q , I )GMTÌPVGU $TWUVDKNF FGU -ÌPKIU X X OKV FGT 4GEJVGP FCU 5EJYGTV UEJWNVGTPF KP FGT .KPMGP 4GKEJUCRHGN #FNGT OKV 9CRRGP CWH FGT $TWUV FCTKP &QRRGNMTGW\ (D 5NI 'TNCPIGT XCT 4 5GJT UEJÌP

56#&6 58

)QNFIWNFGP I (D -GNNPGT 5GNVGPGT ,CJTICPI -N 5EJTÌVNKPIUTK MN -TCV\GT HCUV UGJT UEJÌP

1420

1419

)QNFIWNFGP I (D -GNNPGT )QNFIWNFGP I (D -GNNPGT

5GJT UEJÌP 5GJT UEJÌP

1423

1421

1422

&WMCV .COORT·IWPI I -GNNPGT (D &WMCVGPMNKRRG .COORT·IWPI I (D -GNNPGT

8QT\ÒINKEJ 8QT\ÒINKEJ

&WMCVGPMNKRRG Q , .COORT·IWPI I (D -GNNPGT 8QT\ÒINKEJp5VGORGNINCP\

1426

1425

1424

2(#.< -74(ª456'067/

1427

2(#.<

.WFYKI +++ )QNFIWNFGP Q , PCEJ $CEJCTCEJ I (D 5NI /GO OGUJ 5GJT UEJÌPpXQT\ÒINKEJ

.WFYKI +8 )QNFIWNFGP Q , $CEJCTCEJ I (D 5NI /GO OGUJ (WPFDGNCI UGJT UEJÌP

)QNFIWNFGP Q , $CEJCTCEJ I (D 5NI /GOOGUJ 'VYCU (WPFDGNCI MN 2T·IGUEJY·EJG UGJT UEJÌP

2JKNKRR )QNFIWNFGP *GKFGNDGTI I (D XIN 5NI /GOOGUJ XCT *GPMGNURWT UGJT UEJÌP

-WTHÒTUV 2JKNKRR IGPCPPV FGT #WHTKEJVKIG 0GHHG WPF #FQRVKXUQJP (TKGFTKEJU FGU 5KGITGKEJGP YCT KO )GIGP UCV\ \W UGKPGO UVTGKVNWUVKIGP 1PMGN CWH 4WJG WPF #WUINGKEJ DGFCEJV 'T UEJNQ (TKGFGP OKV (TKGFTKEJU (GKPFGP GTPGWGTVG FKG 8GTVT·IG OKV FGP 5V·FVGP WPF UVGNNVG FCU 6TGWGXGTJ·NVPKU \WO -CKUGT YKGFGT JGT

1429 2:1

1428

2:1

-CTN 6JGQFQT &WMCV /CPPJGKO I 4JGKPIQNF (D *CCU C 5NI /GO OGUJ 4 8QT\ÒINKEJGU 2TCEJVGZGORNCT

56#&6

4')'05$74)

&WMCV Q , WO I $GEMGPD (D

5VGORGNINCP\

1432

1430

5#%*5'0 -74(ª456'067/

5#%*5'0

#NDTGEJV CNU *GT\QI )QNFIWNFGP Q , .GKR\KI I (D 5NI /GTUGD 4 9KP\ 5EJTÌVNKPIUTKUUG UGJT UEJÌP

5 %*5+5%*' 56 &6'

.GKR\KI )QNFOGFCKNNG CWH FCU L·JTKIG $GUVGJGP FGT /GUUGUVCFV OO I )NCWEJCW )QNFOGFCKNNG CWH FGP )GDWTVUVCI XQP )GQTIKWU #ITKEQNC 5QPFGTRT·IWPI KP )QNF HÒT FKG 0WOKUOCVKUEJG )GUGNNUEJCHV FGU .CPFMTGKUGU )NCWEJCW G 8 OO I 5VÒEM 5VGORGNINCP\

5%*.'5+'0 .+')0+6< $4+') *'4<1)67/

)GQTI +++ .WFYKI WPF %JTKUVKCP &WMCV $TKGI I /KV QXCNGO 9CRRGP UEJKNF (D ( W 5 8QT\ÒINKEJ

1433

)GQTI 9KNJGNO )QNFOGFCKNNG \W &WMCVGP XQP 5 -QNNGT CWH UGKPGP 6QF )GJCT PKUEJVGU *ÒHVDKNF T FCTWPVGT 5- 5COWGN -QNNGT )QNFUEJOKGF KP $TKGI <GKNGP 5EJTKHV OO I ( W 5 44 9KP\ -TCV\GT XQT\ÒINKEJ

1435

1436

1434

/'&#+..'0

4GNKIKÌUG )QNFOGFCKNNG \W &WMCVGP Q , XQP , $WEJJGKO %JTKUVWU OKV UGIPGPFGT 4GEJVGP WPF 4GKEJUCRHGN UVGJV X X CWH 9QNMGP KP 5VTCJNGPINQTKG &KG #WHGTUVGJWPI %JTKUVK OO I ( W 5 FQTV KP 5KNDGT 5NI )QRRGN 8QT\ÒINKEJ

56#&6

5%*9 $+5%* *#..

&WMCV OKV 6KVGN XQP (TCP\ + I (D 4CHH &WMCV OKV 6KVGN ,QUGRJU ++ I (D 4CHH

/KP IGYGNNV XQT\ÒINKEJ 8QT\ÒINKEJ

1437

52';'4

$+567/

(TCP\ %JTKUVQRJ XQP *WVVGP &WMCV CWH FKG *WNFKIWPI FGT 5VCFV $TWEJUCN I 'JTGPF (D 4 4CPF NGKEJV DGCTDGKVGV GVYCU IGYGNNV UGJT UEJÌPpXQT\ÒINKEJ

1438

1439

1440

1441

64+'4

'4<$+567/

-WPQ ++ XQP (CNMGPUVGKP )QNFIWNFGP Q , WO -QDNGP\ I (D 0QUU .GKEJV IGYGNNV UGJT UEJÌP

)QNFIWNFGP Q , 9GUGN 1DGTYGUGN I (D 0QUU 9KP\ <CKPGPFG MN 2T·IGUEJY·EJG UGJT UEJÌP

)QNFIWNFGP Q , WO 9GUGN 1DGTYGUGN I (D 0QUU F

9GTPGT XQP (CNMGPUVGKP )QNFIWNFGP Q , 9GUGN 1DGTYGUGN I (D 0QUU (WPFGZGORNCT (CUV XQT\ÒINKEJ

1442

)QNFIWNFGP Q , 9GUGN 1DGTYGUGN I (D 0QUU

-¤0+)4'+%*

1443

1444

(CUV XQT\ÒINKEJ

1445

5GJT UEJÌPpXQT\ÒINKEJ

4 5GJT UEJÌP

1444

9'56(#.'0

*KGTQP[OWU 0CRQNGQP (TCPMGP % /KV /ÒP\\GKEJGP #FNGTMQRH WPF OKV 4CPFKPUEJTKHV I &KXQ 5 (D 5EJN 5GJT UEJÌP

(TCPMGP % I &KXQ 5 (D 5EJN

.GKEJV LWUVKGTV UGJT UEJÌP

)1.&/'&#+..'0

1447

1446

1447

2'4510'0/'&#+..'0

XQP )QGVJG ,QJCPP 9QNHICPI (TCPMHWTV Ó 9GKOCT )QNFOGFCKNNG Q , XQP 4 -WNNTKEJ CWH UGKPGP 6QFGUVCI -QRH )QGVJGU T 5KGDGP <GKNGP 5EJTKHV ÒDGT .QTDGGT\YGKI CWU (CWUV ++ #MV )TQGT 8QTJQH FGU 2CNCUVGU 4CPF 24'755 56##65/7'0<' Û )1.& ('+0 OO I (ÌTUEJPGT 2TCEJVGZGORNCT 5VGORGNINCP\

(ÒT FKG 8QTFGTUGKVG FGT /GFCKNNG XGTYCPFVG 4 -WNNTKEJ FKG IGRT·IVG /GFCKNNG UGKPGU 8CVGTU 9KNJGNO -WNNTKEJ UKGJG 5QOOGT -

)QNFOGFCKNNG XQP 6J )GQTIKK CWH UGKPGP 6QFGUVCI -QRH N 'KEJGN WPVGT 'KEJGPNCWD /KV 4CPFUEJTKHV $ *#726/ª0<#/6 H OO I (ÌTUEJPGT 5EJN 9KP\ -TCV\GT HCUV 5VGORGNINCP\

1448

*KVNGT #FQNH $TCWPCW Ó $GTNKP )QNFOGFCKNNG WPUKIPKGTV XQP 1 )NQGEMNGT CWH FKG 'TGKIPKUUG FGU ,CJTGU $TWUVDKNF N #FNGT OKV \GTTKUUGPGP (GUUGNP WOJGT +O ,CJTG FGWVUEJGT 5EJKEMUCNUYGPFG /KV 4CPFITCXWT $#;'4 *#726/ª0<#/6 -TGKU FCTKP 2WPMV H OO I %QND * % 4 8QT\ÒINKEJp5VGORGNINCP\

)QNFOGFCKNNG WPUKIPKGTV XQP 1 )NQGEMNGT CWH FKG 'TGKIPKUUG FGU ,CJTGU $TWUVDKNF N #FNGT OKV \GTTKUUGPGP (GUUGNP WOJGT +O ,CJTG FGWVUEJGT 5EJKEMUCNUYGPFG /KV 4CPFITCXWT $ *#726 /ª0<#/6 -TGKU FCTKP 2WPMV H OO I %QND * % 8QT\ÒINKEJp5VGORGNINCP\

)QNFOGFCKNNG WPUKIPKGTV XQP 1 )NQGEMNGT CWH FKG 'TGKIPKUUG FGU ,CJTGU $TWUVDKNF N #FNGT OKV \GTTKUUGPGP (GUUGNP WOJGT +O ,CJTG FGWVUEJGT 5EJKEMUCNUYGPFG /KV 4CPFITCXWT $ *#726/ª0< #/6 -TGKU FCTKP 2WPMV H OO I %QND * % 8QT\ÒINKEJp5VGORGNINCP\

)1.&/ª0<'0.165

#NNIGOGKP 2TGWUUGP /CTM # 9ÒTVVGODGTI /CTM #HIJCPKUVCP #OCPK

5* -CDWN )TQDTKVCPPKGP 5QXGTGKIP &C\W 4ÌOKUEJ &GWVUEJGU 4GKEJ )QNFCD UEJNCI FGU )WNFKPGT )QNFCDUEJNCI FGU &WMCVGP Z 4GRWDNKM ¤UVGTTGKEJ )QNF OGFCKNNG /CFQPPC XQP /CTKC\GNN )QNFOGFCKNNG \W &WMCVGP $GTI *ÒVVGP WPF /G VCNNMWPFG 6CIWPI +PPUDTWEM /CK PWT 5VÒEM IGRT·IV +PUIGUCOV I (GKPIQNF 5VÒEM 5GJT UEJÌPp5VGORGNINCP\

#WUNCPF +TCP 2CJNGXK 2CJNGXK 5* $GNIKGP &WMCV

Z +PUIGUCOV I (GKPIQNF 5VÒEM 8QT\ÒINKEJp5VGORGNINCP\

+PVGTGUUCPVG 5COONWPI XQP )GFGPMOÒP\GP WPF /GFCKNNGP \WO 6JGOC '%7 WPF 'WTQ 9·JTWPI 5GVU WPF 'KP\GNRT·IWPIGP FKXGTUGT GWTQR·KUEJGT .·PFGT \YKUEJGP WPF QHV OKV PKGFTKIGT #WHNCIG +PUIGUCOV EC I (GKPIQNF 5VÒEM ªDGTYKGIGPF RQNKGTVG 2NCVVG YWTFG FCU 'WTQR·KUEJG 9·JTWPIUU[UVGO '95 WPF '%7 'WTQRGCP %WTTGPE[ 7PKV CNU 9·JTWPIUGKPJGKV IGUEJCHHGP &KG '%7 FKGPVG CNU $G\ÒIUITÌG HÒT 9GEJUGNOGEJCPKUOGP )TWPFNCIG HÒT FGP #DYGKEJWPIUKPFKMC VQT 4GEJGPITÌG HÒT (KPCP\KGTWPIUQRGTCVKQP UQYKG CNU <CJNWPIUOKVVGN WPF 4GUGTXGKPUVTWOGPV WPVGT '95 <GP VTCNDCPMGP

'7412 +5%*' /ª0<'0 70& /'&#+..'0

1454

1456

1455

-74.#0&

$#.6+-7/

)QVVJCTF -GVVNGT 5EJKNNKPI 0GWOCPP (TKGFTKEJ -CUKOKT )TÌUEJGT 0GWOCPP XCT )TÌUEJGT 0GWOCPP

1458

1457

5GJT UEJÌP 44 5GJT UEJÌP 44 5EJÌPpUGJT UEJÌP

'TPUV ,QJCPP $KTQP )TÌUEJGT 0GWOCPP -W 5EJKNNKPI 0GWOCPP )TÌUEJGT 0GWOCPP

1460

1463

1459

4 5GJT UEJÌP 4 5GJT UEJÌP 4 (CUV UGJT UEJÌP

1461

2GVGT $KTQP #NDGTVWUVCNGT &CX 0GWOCPP /KP LWUVKGTV MN 4CPFHGJNGT HCUV XQT\ÒINKEJ

#NDGTVWUVCNGT &CX 0GWOCPP

.QV &KXGTUG -NGKPOÒP\GP FGU ,CJTJWPFGTVU W C XQP &QTRCV -WTNCPF 4GXCN WPF 4KIC &C\W -NGKPOÒP\GP FGU &GWVUEJGP 1TFGPU KP 1UVRTGWGP 5VÒEM 5EJÌPpUGJT UEJÌP

.ª66+%*

(CUV UGJT UEJÌP

$'.)+'0

,QJCPP 6JGQFQT XQP $C[GTP 'UECNKPU .ÒVVKEJ /KIPQNGV -N 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

1464

-¤0+)4'+%*

& 0'/#4-

%JTKUVKCP 8++ 5KNDGTOGFCKNNG XQP , * 9QNHH CWH UGKPG 8GTO·JNWPI OKV -CTQNKPG /CVJKNFG 'PMGNKP )GQTIU ++ XQP $TCWPUEJYGKI %CNGPDGTI *CPPQXGT -ÌPKI XQP )TQDTKVCPPKGP $TWUVDKNFGT FGU 2CCTGU PGDGPGKPCPFGT T 9GKDNKEJG )GUVCNV UVGJV X X OKV 5KGIGUMTCP\ WPF #PMGT OO I $TQEMOCPP )CNUVGT -N 4CPFHGJNGT UGJT UEJÌP

1465

-#41.+0)'4

(4#0-4'+%*

.WFYKI FGT (TQOOG &GPCT /GNNG I *.8&188+%85 +/2 #8% $TWUVDKNF T OKV .QTDGGTMTCP\ /'6#..8/ 2T·IGYGTM\GWIG / ) 44 7PTGIGNO·KIGT 5EJTÌVNKPI HCUV UGJT UEJÌP

1466

-¤0+)4'+%* (4#0-4'+%*

*GPTK +8 5KNDGTOGFCKNNG WPUKIPKGTV XQP 2 &CPHTKG CWH *GPTK +8 WPF UGKPG )G OCJNKP /CTKC XQP /GFKEK $TWUVDKNF XQP *GPTK +8 T OKV .QTDGGTMTCP\ &GT -ÌPKI OKV <GRVGT WPF FKG -ÌPKIKP OKV (ÒNNJQTP UKV\GP GKPCPFGT IGIGPÒDGT WPF TGKEJGP UKEJ ÒDGT GKPGT (NCOOG FKG TGEJVG *CPF KO #DUEJPKVV FKG ,CJTGU\CJN OO I ,QPGU 44 (GNFGT OKP DGCTDGKVGV UGJT UEJÌP *GPTK +8 WPF /CTKC XQP /GFKEK XGTO·JNVGP UKEJ CO &G\GODGT KJT 5QJP .QWKU YWTFG CO 5GRVGO DGT IGDQTGP

1468

1467

.QWKU :+++ 'EW # 2CTKU &WRNGUU[ .GKEJV MQTTQFKGTV UGJT UEJÌP .QWKU :+8 'EW ¯ NC O½EJG EQWTVG # 2CTKU &WRNGUU[ (CUV XQT\ÒINKEJ

1469

1470

1471

5KNDGTOGFCKNNG XQP , /CWIGT WPF , &CUUKGT CWH FKG 'TQDGTWPI XQP /QPVO¾F[ KO -TKGI IGIGP 5RCPKGP ,WIGPFNKEJG $ÒUVG T -TKGIGT KP CPVKMGT -NGKFWPI UVGJV T FCXQT MPKGPFG 5VCFVIÌVVKP OKV 9CRRGPUEJKNF OO I &KXQ (GWFCTGPV ,QPGU (CUV XQT\ÒINKEJ

5KNDGTOGFCKNNG WPUKIPKGTV XQP , 9CTKP CWH 2KGTTG 5¾IWKGT *GT\QI XQP 8KNNGOQTV $TWUVDKNF FGU *GT\QIU T KP IGKUVNKEJGO )GYCPF 7PVGT $CNFCEJKP GKP 6KUEJ OKV NKNKGPXGT\KGTVGT &GEMG FCTCWH NKGIGPFGU .COO PCEJ N CWH GKPGO IGUEJNQUUGPGP $WEJ OKV GDGPHCNNU NKNKGPXGT\KGTVGP 5EJNÌUUGTP OO I ,QPGU 4 *ÒDUEJG 2CVKPC XQT\ÒINKEJ

2KGTTG 5¾IWKGT YWTFG -CP\NGT XQP (TCPMTGKEJ WPF YCT GKP NGKFGPUEJCHVNKEJGT $WEJUCOONGT WPF DGUEJ·HVKIVG GKPG ICP\G 4GKJG XQP -ÒPUVNGTP WO UGKPG RGTUÌPNKEJG 5COOGNNGKFGPUEJCHV \W DGHTKGFKIGP 'T UVCPF QHHGPDCT KP GPIGT $G\KGJWPI \W FGO /GFCKNNGWT ,GCP 9CTKP UGKPG (TCW YCT UQICT 6CWHRCVKP GKPGU UGKPGT -KPFGT &KG CVVTCM VKXG /GFCKNNG \GKIV GKPG FGT DGFGWVGPFUVGP HTCP\ÌUKUEJGP 2GTUÌPNKEJMGKVGP FGU ,CJTJWPFGTVU

5KNDGTOGFCKNNG XQP 4QGVVKGTU CWH FKG 'TQDGTWPI XQP FGWVUEJGP 5V·FVGP \W $GIKPP FGU RH·N\K UEJGP 'TDHQNIGMTKGIGU FWTEJ UGKPGP $TWFGT 2JKNKRR *GT\QI XQP 1TNGCPU $TWUVDKNF T 9CRRGP FCT ÒDGT UVTCJNGPFGU )GUKEJV WOJGT *1% 08/+0' ('.+: KO #DUEJPKVV ,CJTGU\CJN OO I &KXQ /¾FCKNNGU HTCP¼CKUGU (GKPG 2CVKPC XQT\ÒINKEJGU 'ZGORNCT

1473

1472

1475

1474

'EW CWZ JWKV . . $C[QPPG 4¾HQTOCVKQP &WRNGUU[ # 5EJÌPG 2CVKPC HCUV XQT\ÒINKEJ 'EW CWZ VTQKU EQWTQPPGU 5 4GKOU &CX &WRNGUU[ 5GJT UEJÌP 'EW CWZ VTQKU EQWTQPPGU # 2CTKU &WRNGUU[ 5GJT UEJÌP 'EW CWZ VTQKU EQWTQPPGU $ 4QWGP &CX &WRNGUU[ (CUV XQT\ÒINKEJ

1476

1477

.QWKU :8 'EW XGTVWICFKP * .C 4QEJGNNG 4¾HQTOCVKQP &WRNGUU[ # (CUV XQT\ÒINKEJ

'EW FG 0CXCTTG * .C 4QEJGNNG &CX &WRNGUU[ #VVTCMVKXGU HCUV XQT\ÒINKEJGU 'ZGORNCT

1478

1479

2GVKV NQWKU F CTIGPV # 2CTKU &WRNGUU[ 'EW FG (TCPEG ' 6QWTU 4¾HQTOCVKQP &CX &WRNGUU[

1478

(CUV XQT\ÒINKEJ 5GJT UEJÌPpXQT\ÒINKEJ

1480

1481

1482

'EW CWZ TCOGCWZ F QNKXKGT % %CGP &CX &WRNGUU[

(CUV XQT\ÒINKEJ

'EW ¯ NC XKGKNNG V¿VG & .[QP &CX &WRNGUU[ ªDGTFWTEJUEJPKVVNKEJ GTJCNVGP 5GJT UEJÌPpXQT\ÒINKEJ

.QWKU :8+ 'EW EQPUVKVWVKQPPGN # 2CTKU &CX &WRNGUU[

1483

1485

0CRQN¾QP + (TCPEU 4 4QO &CX /C\CTF C

8QT\ÒINKEJ

1484

44 (CUV UGJT UEJÌP

)WNFGP -TGW\GT OKV 6KVGN .GQRQNFU + &CX 'PIGN .GJT 44 -N <CKPGPFG 2T·IGUEJY·EJG UGJT UEJÌP

6CNGT 2T·IWPI FGU ,CJTJWPFGTVU &CX 'PIGN .GJT 44 9KP\ <CKPGPFG LWUVKGTV UGJT UEJÌP

*#)'0#7 56#&6

(4#0-4'+%* '.5#55

/ª.*#75'0 56#&6 67

1486

564#55$74) $+567/

.WFYKI %QPUVCPVKP XQP 4QJCP 6CNGT 1DGTMKTEJ I $TWUVDKNF T KP IGKUVNK EJGO )GYCPF OKV 1TFGPUUVGTP /KV FGO (ÒTUVGPJWV DGNGIVGU 9CRRGP CWH *GTOGNKPOCPVGN FCTÒDGT -WTJWV &CX 'PIGN .GJT 4 2CVKPC UGJT UEJÌP

1487

1488

)4155$4+6#00+'0

'0).#0&

%PWV 2GPP[ WPDGUVKOOVG /ÒP\UV·VVG I 5JQTV ETQUU RGPP[ $TWUVDKNF N OKV 5VCD -WT\GU &QRRGNHCFGPMTGW\ 0QTVJ 5GCD[ 5GJT UEJÌP

9KNNKCO +++ WPF /CT[ 5KNDGTOGFCKNNG XQP 2 * /ÒNNGT CWH FKG 'KPHÒJTWPI FGT 4GNKIKQPUHTGKJGKV KP )TQDTKVCPPKGP )GJCTPKUEJVGU $TWUVDKNF 9KNNKCOU +++ T OKV .QTDGGTMTCP\ WPF 7OJCPI $TKVCPPKC UVGJV HCUV X X WPF TGKEJV FGO -ÌPKI FKG *CPF JKPVGT KJT UVGJV FKG 4GNKIKQP WPF J·NV DGKFGP GKP CWHIGUEJNCIGPGU $WEJ GPVIGIGP T UVGJV FKG (TGKJGKV OKV 5VCD WPF (ÒNNJQTP OO I 'KOGT XCT FQTV OKV 4CPFUEJTKHV (QTUVGT XCT FQTV OKV 4CPFUEJTKHV 4 -NGKPG -TCV\GT XQT\ÒINKEJ

8'4'+0+)6'5 -¤0+)4'+%*

1490

1489

#PPG 5KNDGTOGFCKNNG XQP , $QUMCO CWH FKG 5KGIG IGIGP FKG (TCP\QUGP KP $TCDCPV WPF (NCPFGTP $TWUVDKNF N *GT\QI /CTNDQTQWIJ TGKVGV N GKPG #VVCEMG IGIGP FKG (TCP\QUGP MQOOCP FKGTGPF KO *KPVGTITWPF FKG 5VCFVCPUKEJV XQP 0COWT OO I 'KOGT *CYMKPU 5 X .QQP +8 5 8QT\ÒINKEJ

5JKNNKPI .QPFQP 5GCD[

5GJT UEJÌP

1491

1492

+6#.+'0

$#4&+

(GFGTKEQ .CPFK 5GUKPQ Q , %0+ +: 5

4 5GJT UEJÌP

$'0'8'061

.QFQXKEQ WPF #PIKNDGTIC &GPCTQ I 5VWHGPMTGW\ <YGK ÒDGTGKPCPFGTIGNGIVG -TGW\G $KCIIK )TKGTUQP $NCEMDWTP #VVTCMVKXG 2CVKPC XQT\ÒINKEJ

1494

1493

%#56+).+10' &'..' 56+8+'4'

(GTFKPCPF ++ 5QNFK Q , %0+ +8 5

%+5#.2+0' 4'27$.+-

5QNFK #001 +: /CKNCPF 2CICPK

5GJT UEJÌP

1495

1,5:1

&'5#0# 2+'/106'

#PVQPKC /CTKC 6K\\QPG 6GUVQPG Q , 8CTGUK

1496

1,5:1

44 (GKPG 2CVKPC UGJT UEJÌP

1497

-+4%*'056##6

2CWN ++ $TQP\GIWOGFCKNNG $TWUVDKNF T 9CRRGP OO 5RKPM 8QT\ÒINKEJGT 1TKPIKPCNIW

2CWN 8 6GUVQPG 8+++ 4QO /WPVQPK

(CUV UGJT UEJÌP

1499

1500

1498

%NGOGPU : 2KCUVTC 4QO &CX /WPVQPK

5GJT UEJÌPpXQT\ÒINKEJ

%NGOGPU :+ 2KCUVTC #0 :+++ 4QO &CX /WPVQPK 9KP\ *GPMGNURWT UGJT UEJÌP

.QFQXKEQ :++ XQP 1TNGCPU )TQUUQ TGICNG FC 5QNFK Q , %TKRRC NGKEJV XCT 4 *ÒDUEJG 2CVKPC YKP\ 2T·IGUEJY·EJG XQT\ÒINKEJ

/#+.#0&

1502

1501

2JKNKRR +8 XQP 5RCPKGP (KNKRRQ %TKRRC $ &CX *ÒDUEJG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

)WINKGNOQ 5GUKPQ Q , $KIPQVVK

/#067#

1504

5GJT UEJÌP

1503

1504

/'55'4#01

2KGT .WEC ++ (KGUEJK 6GUVQPG Q , 8CTGUK NGKEJV XCT *ÒDUEJG 2CVKPC YKP\ 5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌPpXQT\ÒINKEJ

'TEQNG ++ F 'UVG /WTCKQNC Q , 8CTGUK

/1&'0#

5GJT UEJÌP

1505

1506

0'#2'. 70& 5+<+.+'0

2JKNKRR +++ XQP 5RCPKGP )TCPC %0+ :: 5 -N 2T·IGUEJY·EJG XQT\ÒINKEJ

1FQCTFQ (CTPGUG 5QNFK Q , %0+ +: 5 4 9KP\ <CKPGPFG MN 5VGORGNHGJNGT UGJT UEJÌPpXQT\ÒINKEJ

2#4/#

1507

2+#%'0<#

1FQCTFQ (CTPGUG 5EWFQ %0+ +: 5 &CX *ÒDUEJG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

1509

1508 Æ

5+<+.+'0

8KEVQT #OCFGWU ++ XQP 5CXQ[GP $TQP\GOGFCKNNG XQP , %TQMGT CWH FGP 5GGUKGI DGK 5K\KNKGP )GJCTPKUEJVGU $TWUVDKNF )GQTI + .WFYKIU XQP $TCWPUEJYGKI %CNGPDGTI *CPPQXGT UGKV -ÌPKI )GQTI + XQP )TQDTKVCPPKGP T OKV .QTDGGTMTCP\ 0GRVWP UVGJV CWH GKPGT 4QUVTCNU·WNG KPOKVVGP XQP 5GGMTKGIUVTQRJ·GP OO $TQEMOCPP -TCV\GT UGJT UEJÌP

0CEJFGO FKG 5RCPKGT 5CTFKPKGP GTQDGTV JCVVGP WPF KO $GITKHH YCTGP 5K\KNKGP \W DGUGV\GP YWTFG FGT DTKVKUEJG #FOKTCN 5KT )GQTIG $[PI OKV 5EJKHHGP CWUIGUCPFV WO FGP URCPKUEJGP )GPGTCN &G .GFG FCTCP \W JKPFGTP /GUUKPC \W GTTGKEJGP 'U MCO \WO -CORH FKG \CJNGPO·KI ÒDGTNGIGPG URCPKUEJG (NQVVG YWTFG \GTUVÌTV WPF FGT )GPGTCN IGHCPIGPIGPQOOGP #NU 4QUVTWO DG\GKEJPGVG OCP FGP 4COOURQTP FGT CPVKMGP 5EJKHHG &KGUGT IGH·JTNKEJUVG 6GKN YWTFG FGP GTQDGTVGP 5EJKHHGP CDIGU·IV WPF CP 4GFPGTVTKDÒPGP WPF 5KGIGUU·WNGP DGHGUVKIV

57$#.2+0' 4'27$.+-

(TCPEU #0 6WTKP &CX 2CICPK

(CUV XQT\ÒINKEJ

1510

1511

1512

615%#0#

2GVGT .GQRQNF (TCPEGUEQPG (NQTGP\ %0+ :++ 5 &CX 9KP\ 5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌP

%CTN .WFYKI WPF /CTKC .QWKUC &GPC (TCPEGUEQPG (NQTGP\ &CX 2CICPK (GKPG 2CVKPC YKP\ <CKPGPFG XQT\ÒINKEJ XQT\ÒINKEJp5VGORGNINCP\

8'0'&+)

/CTE #PVQPKQ )KWUVKPKCP 8GTIQNFGVG 5KNDGTOGFCKNNG XQP ) *CWVUEJ WPF . ) .CWHHGT CWH FKG 5KGIG XQP /QTGC 2GNQRQPPGU IGIGP FKG 6ÒTMGP #PUKEJV XQP /QTGC <GKNGP 5EJTKHV /KV 4CPFUEJTKHV OO 5NI ,WNKWU 8QNVQNKPC 4 (GNFGT IGIN·VVGV UGJT UEJÌP

1513

5KNXGUVTQ 8CNKGT &WECVQ Q , &CX )CODGTKPK

*ÒDUEJG 2CVKPC UGJT UEJÌP

1514 Æ

8'410#

/CZKOKNKCP + XQP ¤UVGTTGKEJ -W $CICVVKPQ %0+ 8+ 5

4 5GJT UEJÌP

1515

-¤0+)4'+%* +6#.+'0

8KEVQT 'OCPWGN ++ 5KNDGTOGFCKNNG XQP ( 5RGTGP\C CWH FCU 2CPVJGQP KP 4QO -QRH T OKV .QTDGGTMTCP\ #PUKEJV FGU )GD·WFGU OO I 8QT\ÒINKEJ

.QV &KXGTUG /ÒP\GP FGU WPF ,CJTJWPFGTVU XQO %GPVGUKOQ DKU \WO 6CNGT &C\W $TQP\GOG FCKNNG CWH FKG -TÌPWPI (GTFKPCPFU + KP /CKNCPF &KG 5VÒEMG UKPF \WO 6GKN DGUVKOOV WPF OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP 5VÒEM 5EJÌPpUGJT UEJÌP

4#)75# &7$4180+-

5VCFV &KXGTUG )TÌUEJGT FGU WPF ,CJTJWPFGTVU FCTWPVGT GKPKIG DCTDCTKUEJG 0CEJRT·IWPIGP FGT )TÌUEJGT XQP 4KIC #NNG 5VÒEMG UKPF OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP *QEJKPVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 6GKNYGKUG UGNVGP 5EJÌPpUGJT UEJÌP

1518

-41#6+'0

(ª456'067/

1520

1519

.+'%*6'056'+0

,QUGRJ 9GP\GN -QPX 6CNGT 9KGP &CX &KXQ *GPMGNURWT UGJT UEJÌP (TCP\ ,QUGRJ -QPX 6CNGT 9KGP &CX &KXQ 8QT\ÒINKEJ -QPX 6CNGT 9KGP &KXQ 9KP\ 5EJTÌVNKPIUTK XQT\ÒINKEJp5VGORGNINCP\

1521

,1*#00+6'414&'0

1522

/#.6#

#PVQPKQ /CPQGN FG 8KNJGPC 6CTK 4GUVGNNK

*ÒDUEJG 2CVKPC XQT\ÒINKEJ

'OOCPWGN 2KPVQ 5KNDGTPGT ,GVQP Q , WPUKIPKGTV )GMTÌPVGU 9CRRGP 5V ,QJCPPGU UVGJV X X OKV (CJPG OO I 4GUVGNNK *ÒDUEJG 2CVKPC YKP\ <CKPGPFG XQT\ÒINKEJ

&GT XQTNKGIGPFG ,GVQP KUV OÌINKEJGTYGKUG GKPG 2TQDG \W GKPGO 6CTK 5VÒEM

1523

(4+'5.#0&

0+'&'4.#0&'

2TQXKP\ 5EJCWVCNGT I )GMTÌPVGU QXCNGU 9CRRGP XQP (TKGUNCPF &KG 9CRRGP XQP 1QUVGTIQ 9GUVGTIQ 5GXGPYQNFGP WPF GKP MQODKPKGTVGU 9CRRGP FGT HTKGUKUEJGP 5V·FVG KPU -TGW\ IGUVGNNV KP FGT /KVVG KPGKPCPFGTITGKHGPFG *·PFG &CX &GNO 8GTMCFG 6H FQTV PWT ,CJTICPI 4 #VVTCMVKXG 2CVKPC XQT\ÒINKEJGU 'ZGORNCT &GNOQPVG HÒJTV NGFKINKEJ FKG UR·VGTGP -QIIGTFCCNFGT OKV FGT 9GTVCPICDG 5VÒDGT XQP WPF CWH 8QP FGO HTÒJGP 6[R QJPG 9GTVCPICDG KUV WPU PWT FGT DGK 8GTMCFG XGT\GKEJPGVG ,CJTICPI DGMCPPV

1524

1526

1525

-¤0+)4'+%*

21.'0

5KIKUOWPF +++ )TQUEJGP HÒT .KVCWGP )WO 2TCEJVGZGORNCT (CUV 5VGORGNINCP\

,QJCPP +++ 5QDKGUMK )TÌUEJGT $TQODGTI )WO

#WIWUV +++ 5KNDGTOGFCKNNG WPUKIPKGTV CWH UGKPG -TÌPWPI \WO -ÌPKI -ÌPKIU MTQPG 5KGDGP <GKNGP 5EJTKHV OO I * %\ 8QT\ÒINKEJ

5GJT UEJÌP

1528

1527

1529

5VCPKUNCWU #WIWUV 5KNDGTOGFCKNNG WPUKIPKGTV CWH UGKPG -TÌPWPI \WO -ÌPKI -Ì PKIUMTQPG #EJV <GKNGP 5EJTKHV OO I * %\ 5GJT UEJÌP

-QPX 6CNGT ' $ 9CTUEJCW &CX )WO

#NGZCPFGT + XQP 4WNCPF 5KNDGTOGFCKNNG XQP % $CGTGPF CWH FGP #WHGPVJCNV UGKPGT /WVVGT FGT TWUUKUEJGP <CTGPYKVYG /CTKC (GQFQTQYPC KP 9CTUEJCW $TWUVDKNF N (ÒPH <GKNGP 5EJTKHV OO I * %\ 5GJT UEJÌP

5GJT UEJÌP

&GT TWUUKUEJG <CT 2CWN + YWTFG XQP UGKPGT /WVVGT OKV FGT 2TKP\GUUKP 9KNJGNOKPG 0CVCNKC #NGZGLGYPC XQP *GUUGP &CTOUVCFV WPF PCEJ FGTGP 6QF OKV 2TKP\GUUKP &QTQVJGC #WIWUVG 5QRJKG /CTKC (GQFQTQYPC XQP 9ÒTVVGODGTI XGTO·JNV /KV /CTKC (GQFQTQYPC YCT 2CWN + DKU \W UGKPGO 6QF XGTJGKTCVGV WPF FKG <CTGPYKVYG XGTVTCV FGP TWUUKUEJGP 5VCCV CWEJ WPVGT KJTGO 5QJP <CT #NGZCPFGT +

1530

1532

1531

#NGZCPFGT ++ XQP 4WNCPF 5KNDGTOGFCKNNG WPUKIPKGTV IGRT·IV \WT 'TKPPGTWPI CP FCU #ITCTIGUGV\ RTQMNCOKGTV XQP 4\CF 0CTQFQY[ )GMTÌPVGU FTGKHGNFKIGU 9CRRGP 0GWP <GKNGP 5EJTKHV OO I * %\ *GTTNKEJG 2CVKPC XQT\ÒINKEJ

4GXQNWVKQP <NQV[ -) 9CTUEJCW 2T·IWPI FGT #WHUV·PFKUEJGP )WO /KP LWUVKGTV XQT\ÒINKEJ

<NQV[ -) 9CTUEJCW 2T·IWPI FGT #WHUV·PFKUEJGP )WO

8QT\ÒINKEJp5VGORGNINCP\

1533

4GRWDNKM <NQV[ 9CTUEJCW CWH FKG ,CJTHGKGT FGT 4GXQNWVKQP &CX )WO 0WT 5VÒEM IGRT·IV 9KP\ 4CPFHGJNGT XQT\ÒINKEJ

.165 21.'0

+PVGTGUUCPVGU .QV RQNPKUEJGT /ÒP\GP FGU DKU ,CJTJWPFGTVU FCTWPVGT DGUUGTG 5VÒEMG YKG ,QJCPP -CUKOKT )TÌUEJGT 5VCPKUNCWU #WIWUV 6CNGT 4GXQNWVKQP <NQV[ 5VÒEM /GKUV UGJT UEJÌP

4GXQNWVKQP <NQV[ -W )TQUEJGP 0KMQNCWU + XQP 4WNCPF <NQV[ Z <NQV[ Z Z Z Z Z <NQV[ Z

Z )TQUEJGP Z <NQV[ Z 5VÒEM 5EJÌPpUGJT UEJÌP

1536

&#0<+)

5VCFV 5KNDGTOGFCKNNG XQP , *ÌJP CWH FCU IWVG 'KPXGTPGJOGP \YKUEJGP FGO RQNPKUEJGP -ÌPKI ,QJCPP -CUKOKT WPF FGT 5VCFV &CP\KI &KG RGTUQPKHK\KGTVG 'KPVTCEJV UVGJV X X \YKUEJGP \YGK DNÒJGPFGP 5VT·WEJGTP WPF J·NV CP HNCVVGTPFGP $N·VVGTP OKV FGT 4GEJVGP \YGK *GT\GP WPF OKV FGT .KPMGP FKG 9CRRGPUEJKNFG XQP 2QNGP WPF &CP\KI QDGP UEJYGDGP \YGK 'PIGN KP 9QNMGP GKPG -TQPG JCN VGPF )GMTÌPVGT #FNGT ÒDGT FGT 5VCFVCPUKEJV XQP &CP\KI KO *KPVGTITWPF QHHGPG 5GG OKV 5EJKHHGP QDGP UVTCJNGPFGT 0COG ,GJQXCU OO I * %\ /CTKGPD 4 (CUV XQT\ÒINKEJ

1537 Æ

-#+5'44'+%*

4755.#0&

2GVGT + FGT )TQG $TQP\GOGFCKNNG XQP 5 ,WFKP WPF # .LCNKP CWH FGP (TKGFGP XQP %CTNQYKV\ )GJCTPKUEJVGU $TWUVDKNF T &GT VJTQPGPFG <CT ÒDGTTGKEJV FGT MPKGPFGP 5VCFVIÌVVKP FKG XQO N UVGJGPFGP /GTMWT CPIGMGVVGV KUV FGP (TKGFGPUXGTVTCI KO *KPVGTITWPF UVGJV %GTGU OKV (ÒNN JQTP OO &KCMQX 2CZ KP 0WOOKU 8QT\ÒINKEJp5VGORGNINCP\

1538 Æ

1539 Æ

-W &GPIC M[TKNNKUEJ /QUMCW $TGMMG

$TQP\GOGFCKNNG XQP 6 +YCPQHH CWH FKG 'TQDGTWPI XQP 0CTXC )GRCP\GTVGU $TWUVDKNF T OKV .QT DGGTMTCP\ #PUKEJV FGT $GHGUVKIWPIUCPNCIG CWU FGT 8QIGNRGTURGMVKXG OKV FGO (NW &WPC OO 5OKTPQX 8QT\ÒINKEJ

'VYCU )TÒPURCP UGJT UEJÌP

1540

1541 Æ

4WDGN M[TKNNKUEJ /QUMCW -CFCUJGXUM[ $KVMKP

44 5GJT UEJÌP

$TQP\GOGFCKNNG XQP 5 ,WFKP CWH FKG 'KPPCJOG XQP /KVCW )GJCTPKUEJVGU $TWUVDKNF T )GMTÌPVG 5VCFVIÌVVKP FKG .KPMG CWH FGP 9CRRGPUEJKNF XQP 5EJYGFGP IGNGJPV KO *KPVGTITWPF VQRQITCRJKUEJG -CTVG OKV $GHGUVKIWPIUCPNCIGP OO &KCMQX 2TCEJVGZGORNCT (CUV 5VGORGNINCP\

1542 Sn

1XCNG <KPPOGFCKNNG WPUKIPKGTV CWH FKG 5EJNCEJV DGK -CNKUEJ )GJCTPKUEJVGU $TWUVDKNF T OKV .QT DGGTMTCP\ &GT IGJCTPKUEJVG <CT CWH GKPGO PCEJ XQTP URTKPIGPFGP 4Q QDGP J·NV GKP #TO CWU 9QNMGP GKPGP -TCP\ ÒDGT UGKP *CWRV KO *KPVGTITWPF 5EJNCEJVU\GPG Z OO &KCMQX (CUV 5VGORGNINCP\

1543 Æ

$TQP\GOGFCKNNG XQP 6 +YCPQHH CWH FKG )GHCPIGPPCJOG FGU UEJYGFKUEJGP )GPGTCNU .ÌYGP JCWRV FWTEJ FGP (ÒTUVGP /GP\KMQHH KP FGT 5EJNCEJV DGK 2QNVCYC )GRCP\GTVGU $TWUVDKNF T OKV .QT DGGTMTCP\ 4WUUKC OKV *GNO .CP\G WPF 5EJKNF XQT -TKGIUVTQRJ·GP N FGT (NWIQVV &PLGRT OO 5OKTPQX 8QT\ÒINKEJ

1544 Æ

$TQP\GOGFCKNNG XQP 5 ,WFKP CWH FKG 'KPPCJOG XQP -GZJQNO )GJCTPKUEJVGU $TWUVDKNF T /CTU UKV\V T OKV GKPGT -TQPG KP FGT GTJQDGPGP 4GEJVGP KO *KPVGTITWPF VQRQITCRJKUEJG -CTVG OKV $GHGUVK IWPIUCPNCIGP OO &KCMQX 8QT\ÒINKEJp5VGORGNINCP\

1546

1547

1545

4WDGN M[TKNNKUEJ /QUMCW &CX -QRGMG M[TKNNKUEJ /QUMCW $KVMKP HH -QRGMG M[TKNNKUEJ /QUMCW $KVMKP HH

4 -N 5EJTÌVNKPIUHGJNGT UGJT UEJÌP (CUV XQT\ÒINKEJ 5GJT UEJÌP

(CUV UGJT UEJÌP

1548

4WDGN M[TKNNKUEJ /QUMCW &CX

1549

1550

4WDGN M[TKNNKUEJ /QUMCW &CX 4WDGN M[TKNNKUEJ /QUMCW &CX

*GPMGNURWT UGJT UEJÌP 5GJT UEJÌP

1551

1552

4WDGN M[TKNNKUEJ /QUMCW &CX 4WDGN M[TKNNKUEJ /QUMCW &CX

1553

4WDGN M[TKNNKUEJ /QUMCW &CX 4WDGN /QUMCW &CX 4WDGN /QUMCW &CX

5GJT UEJÌP (CUV UGJT UEJÌP

1554

1555

4CPFHGJNGT UGJT UEJÌPpXQT\ÒINKEJ 4 5EJTÌVNKPIUHGJNGT WPF UVCTMG -TCV\GT UGJT UEJÌP -N <CKPGPFG UEJÌPpUGJT UEJÌP

1556

1558

1557

4WDGN /QUMCW &CX 4WDGN /QUMCW &CX 4WDGN /QUMCW &CX

-N 5EJTÌVNKPIUHGJNGT UGJT UEJÌP (CUV UGJT UEJÌP 5GJT UEJÌP

+PVGTGUUCPVG 5COONWPI XQP -NGKPOÒP\GP -W 2QNWUEJMC $TGMMG -W &GPIC $TGMMG $TGMMG $TGMMG $TGMMG -W -QRGMG $TGMMG $TGMMG $TGMMG $TGMMG 8CTKCPVGP $TGMMG 8CTK CPVGP Z $TGMMG $TGMMG 8CTKCPVGP $TGMMG Z $TGMMG $TGMMG -W -QRGMG Z $TGMMG #NV[P -QRG MGP 8CTKCPVGP Z IGNQEJV -QRGMGP 5VÒEM /GKUV HCUV UGJT UEJÌP

1561

1560

-CVJCTKPC + 4WDGN 5V 2GVGTUDWTI &CX 8QTFGTUGKVG GVYCU DGTKGDGP UGJT UEJÌP

4WDGN /QUMCW &CX

1562

4WDGN 2QNVKPC /QUMCW $KVMKP -NKRRGPHÌTOKIG -W -QRGMG 'MCVGTKPDWTI 0QXQFGN! $TGMMG

5GJT UEJÌP

1563 Æ

44 5GJT UEJÌP 4 ,WUVKGTV XQT\ÒINKEJ

1564

1565

2GVGT ++ 4WDGN /QUMCW &CX *ÒDUEJG 2CVKPC UGJT UEJÌP 4WDGN 5V 2GVGTUDWTI &CX -N 5EJTÌVNKPIUHGJNGT UGJT UEJÌP HCUV XQT\ÒINKEJ

1566

1567

4WDGN /QUMCW &CX #PPC 4WDGN /QUMCW &CX

1568

1569

4WDGN /QUMCW &CX 4WDGN /QUMCW &CX 4WDGN /QUMCW &CX 4WDGN /QUMCW -CFCUJGXUM[ $KVMKP

-N <CKPGPFG HCUV UGJT UEJÌP UGJT UEJÌP 5GJT UEJÌP

1570

1571

'VYCU (WPFDGNCI CO 4CPF UGJT UEJÌP 5GJT UEJÌP 5GJT UEJÌP (CUV UGJT UEJÌP

1573

1572

4WDGN /QUMCW &CX 4WDGN /QUMCW -CFCUJGXUM[ $KVMKP

5GJT UEJÌP 5GJT UEJÌP

5GJT UEJÌP 9KP\ 5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌP

1575

1574

4WDGN /QUMCW &CX 4WDGN /QUMCW &CX

1576

1577

1578

4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX

+PVGTGUUCPVGU .QV -W 2QNWUEJMC $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG -W &GPIC $TGMMG $TGMMG $TGMMG

$TGMMG -W -QRGMG $TGMMG 4WDGN &CX 4 *GPMGNURWT

*GPMGNURWT *GPMGNURWT &C\W -CVJCTKPC + -W -QRGMGP $TGMMG

$TGMMG 4WDGN 5EJTÌVNKPIUHGJNGT 2GVGT ++ -W -QRGMG $TGMMG -W -QRGMGP $TGMMG 4WDGN *GPMGNURWT 5VÒEM 5EJÌPpUGJT UEJÌP

5GJT UEJÌPpXQT\ÒINKEJ -N 5EJTÌVNKPIUHGJNGT UGJT UEJÌPpXQT\ÒINKEJ 5GJT UEJÌP

1580

1581

'NKUCDGVJ 4WDGN 5V 2GVGTUDWTI &CX 2CVKPC MN 5EJTÌVNKPIUHGJNGT UGJT UEJÌP 4WDGN /QUMCW $KVMKP 44 5EJÌPpUGJT UEJÌP

1582

4WDGN 2QNVKPC /QUMCW 0QXQFGN I $TWUVDKNF T OKV &KCFGO )GMTÌPVGT &QRRGNCFNGT OKV <GRVGT WPF 4GKEJUCRHGN KP FGP (·PIGP CWH FGT $TWUV 9CRRGPUEJKNF $KVMKP * 44 -N 5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌPpXQT\ÒINKEJ

1583

4WDGN /QUMCW &CX 4WDGN 5V 2GVGTUDWTI &CX

1585

4WDGN /QUMCW &CX 4WDGN /QUMCW &CX

1584

-N 5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌP )TCHHKVK WPF -TCV\GT UGJT UEJÌP

1586

-TCV\GT UGJT UEJÌP -TCV\GT UGJT UEJÌP

1587

1588

4WDGN 5V 2GVGTUDWTI &CX 4WDGN /QUMCW &CX

5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌP 5GJT UEJÌPpXQT\ÒINKEJ

1590

1589

-QRGMGP /QUMCW HÒT .KXNCPF WPF 'UVNCPF $KVMKP -QRGMGP /QUMCW HÒT .KXNCPF WPF 'UVNCPF $KVMKP

1591

1592

5GJT UEJÌP 4 5GJT UEJÌP

1594

4WDGN 5V 2GVGTUDWTI &CX 5GNVGPGT ,CJTICPI -N <CKPGPFG HCUV UGJT UEJÌP UGJT UEJÌP

5KNDGTOGFCKNNG XQP $ 5EQVV CWH KJTGP 6QF $TWUVDKNF T OKV WOIGNGIVGO /CPVGN &KG <CTKP UEJYGDV CWH 9QNMGP WPF FGWVGV OKV FGT 4GEJVGP CWH GKP 2QUVCOGPV CWH FGO GKP <GRVGT WPF GKP IG MTÌPVGT 5EJKNF OKV FGO /QPQITCOO KJTGU 0CEJHQNIGTU <CT 2GVGT +++ NKGIGP ÒDGT FGO *CWRV FGT <CTKP UVTCJNGPFGT 5VGTPGPMTCP\ KO 8QTFGTITWPF T UVGJGP \YGK )GPKGP OKV FGO TWUUKUEJGP 9CRRGP OO I 5OKTPQX E 44 5GJT UEJÌP

+PVGTGUUCPVGU .QV -W -QRGMGP $TGMMG $TGMMG $TGMMG -QRGMGP Z Z Z -QRGMGP )TKXGPPKM Z Z 4WDGN 4WDGN &C\W -QRGMGP HÒT 'UVNCPF WPF .KXNCPF 5VÒEM (CUV UGJT UEJÌPpUGJT UEJÌP

2GVGT +++ 4WDGN 5V 2GVGTUDWTI &CX ªDGTFWTEJUEJPKVVNKEJ GTJCNVGP -N <CKPGPFG UGJT UEJÌPpXQT\ÒINKEJ

1595

1597 Æ

1596

4WDGN 5V 2GVGTUDWTI &CX ªDGTFWTEJUEJPKVVNKEJ GTJCNVGP #VVTCMVKXGU 'ZGORNCT HCUV XQT\ÒINKEJ

4WDGN /QUMCW &CX

-W -QRGMGP QJPG /ÒP\UV·VVGPCPICDG ÒDGTRT·IV CWH GKPGO -QRGMGP 5VÒEM XQP 'NKUCDGVJ + $TGMMG 4 5GJT UEJÌP

1598 Æ

5VGORGNHGJNGT UGJT UEJÌP

1600 Æ

-W -QRGMGP QJPG /ÒP\UV·VVGPCPICDG ÒDGTRT·IV CWH GKPGO -QRGMGP 5VÒEM XQP 'NKUCDGVJ + $TGMMG 5GJT UEJÌP

-W -QRGMGP QJPG /ÒP\UV·VVGPCPICDG ÒDGTRT·IV CWH GKPGO -QRGMGP 5VÒEM XQP 'NKUCDGVJ + &C\W 'KP YGKVGTGU 'ZGORNCT $TGMMG 8CTKCPVGP (CUV UGJT UEJÌP

-W -QRGMGP QJPG /ÒP\UV·VVGPCPICDG $TGMMG

1601 Æ

4 (CUV UGJT UEJÌP

1602

-CVJCTKPC ++ -W -QRGMGP 5GUVTQTGVUM $TGMMG 5GJT UEJÌP 4WDGN 5V 2GVGTUDWTI &CX ªDGTFWTEJUEJPKVVNKEJ GTJCNVGP 5GJT UEJÌPpXQT\ÒINKEJ

1604 1603 Æ

-W -QRGMGP 5GUVTQTGVUM $TGMMG -QRGMGP /QUMCW $KVMKP

1605

5GJT UEJÌP 5GJT UEJÌP

1607 Æ

4WDGN 2QNWRQNVKPPKM /QUMCW $KVMKP -W &GPIC -QN[XCP HÒT 5KDKTKGP $TGMMG -W 2QNWUEJMC -QN[XCP HÒT 5KDKTKGP $TGMMG

1609 Æ

1603 Æ

1608

4WDGN 5V 2GVGTUDWTI &CX -W -QRGMG -QN[XCP HÒT 5KDKTKGP $TGMMG

1606 Æ

5GJT UEJÌP 5GJT UEJÌP 44 5GJT UEJÌP

1609 Æ

9KP\ 5EJTÌVNKPIUHGJNGT HCUV XQT\ÒINKEJ 5GJT UEJÌP

1610 Æ

$TQP\GPG 5WKVGPOGFCKNNG Q , *·NHVG FGU ,CJTJWPFGTVU XQP 6 +YCPQHH \WT 'TKPPGTWPI CP FGP 6QF FGU )TQHÒTUVGP ,CTQRQNM + KO ,CJT )GJCTPKUEJVGU *ÒHVDKNF FGU )TQHÒTUVGP T OKV *GNO WPF WOIGNGIVGO /CPVGN .CPFUEJCHV OKV (GNUGP WPF $·WOGP KO *KPVGTITWPF 5VCFVCPUKEJV XQP -KGY OO I 5OKTPQX (CUV XQT\ÒINKEJ

1612 Æ

1611

1613 Æ

4WDGN 5V 2GVGTUDWTI &CX -W -QRGMGP -QN[XCP HÒT 5KDKTKGP $TGMMG -W -QRGMGP -QN[XCP HÒT 5KDKTKGP $TGMMG -W -QRGMGP -QN[XCP HÒT 5KDKTKGP $TGMMG

1615 Æ

1614 Æ

5GJT UEJÌP 5GJT UEJÌP

1616 Æ

-W -QRGMGP -QN[XCP HÒT 5KDKTKGP $TGMMG -W -QRGMGP -QN[XCP HÒT 5KDKTKGP $TGMMG

1617

5GJT UEJÌP 5GJT UEJÌP 5GJT UEJÌP 5GJT UEJÌP

1618

4WDGN 5V 2GVGTUDWTI &CX

(CUV XQT\ÒINKEJ

4WDGN 5V 2GVGTUDWTI &CX 5GNVGP KP FKGUGT 'TJCNVWPI 5GJT UEJÌPpXQT\ÒINKEJ XQT\ÒINKEJ

1620 Æ

1619

4WDGN 5V 2GVGTUDWTI &CX -W -QRGMGP 'MCVGTKPDWTI $TGMMG

-N 5EJTÌVNKPIUHGJNGT UGJT UEJÌP 8QT\ÒINKEJ

1622 Æ

1626

1621 Æ

-W -QRGMGP #PPGPUM $TGMMG -W 2QNWUEJMC -QN[XCP $TGMMG

.QV -W -QRGMGP -W -QRGMGP -W -QRGMGP -W -QRGMG -W &GPIC CNNG CWU FGT /ÒP\UV·VVG -QN[XCP HÒT 5KDKTKGP 5VÒEM (CUV UGJT UEJÌP

.QV -W 2CTC -QRGMGP -W 2CTC -QRGMGP CNNG CWU FGT /ÒP\UV·VVG 5CFQIWTC HÒT /QNFCXKGP WPF FKG 9CNCEJGK $TGMMG 5VÒEM 5EJÌPpUGJT UEJÌP

5GJT KPVGTGUUCPVGU .QV -W 2QNWUEJMC $TGMMG $TGMMG -W &GPIC $TGMMG -W -QRGMGP $TGMMG $TGMMG $TGMMG Z $TGMMG $TGMMG $TGMMG -W -QRGMGP Z $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG $TGMMG ,CJTGU\CJN CWU IG·PFGTV $TGMMG $TGMMG $TGMMG $TGMMG Z $TGMMG $TGMMG Z $TGMMG $TGMMG $TGMMG Z $TGMMG $TGMMG Z $TGMMG &C\W -QRGMGP -QRGMGP -QRGMGP -QRGMGP 4WDGN 8CTKCPVGP 5VÒEM /GKUV HCUV UGJT UEJÌP

2CWN + -QRGMGP Q , 5V 2GVGTUDWTI -TÌPWPIULGVQP )GMTÌPVGU /QPQITCOO -TGW\ OO I $KVMKP 9KP\ &TWEMUVGNNG UGJT UEJÌP

1627

8QT\ÒINKEJ 4 5GJT UEJÌP

1628

4WDGN 2QNWRQNVKPPKM 5V 2GVGTUDWTI $KVMKP 4WDGN 5V 2GVGTUDWTI &CX

1627

4 (CUV XQT\ÒINKEJ 5GJT UEJÌP

1629

1631 Æ

1630

1631 Æ

4WDGN 2QNWRQNVKPPKM 5V 2GVGTUDWTI $KVMKP -QRGMGP 5V 2GVGTUDWTI $KVMKP -W -QRGMGP 'MCVGTKPDWTI $TGMMG

+PVGTGUUCPVGU .QV -W 2QNWUEJMC $TGMMG $TGMMG -W &GPIC Z $TGMMG $TGMMG -W -QRGMG $TGMMG $TGMMG $TGMMG -W -QRGMGP Z $TGMMG Z $TGMMG $TGMMG Z $TGMMG -QRGMGP 5KNDGT 4WDGN UEJÌP 4WDGN 5VÒEM (CUV UGJT UEJÌP WPF UGJT UEJÌP

1633

8QT\ÒINKEJp5VGORGNINCP\ 5GJT UEJÌP 8QT\ÒINKEJ

#NGZCPFGT + 5KNDGTPGT ,GVQP 5V 2GVGTUDWTI CWH UGKPG -TÌPWPI )GMTÌPVGU /QPQ ITCOO FCTWPVGT 2CNO WPF .QTDGGT\YGKI IGMTGW\V 8KGT <GKNGP 5EJTKHV QDGP -TQPG OO I $KVMKP 5GJT UEJÌP

4WDGN 5V 2GVGTUDWTI &CX

4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX

(CUV XQT\ÒINKEJ

1636

1633

1634

1635

1637

5GJT UEJÌPpXQT\ÒINKEJ 5GJT UEJÌP 8QT\ÒINKEJ

1639

1638

1640

1641

4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX

5COONWPI -NGKPOÒP\GP CWU FGT <GKV #NGZCPFGTU + XQP FGT -W &GPIC DKU \W -QRGMGP &C\W /G FCKNNGP +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

+PVGTGUUCPVGU .QV 4WDGN 8CTKCPVGP 8CTK CPVGP 8CTKCPVGP 4WDGN

8CTKCPVGP -QRGMGP -W -QRGMGP -W -QRGMGP #DC\K 6KHNKU HÒT )GQTIKGP 5VÒEM /GKUV HCUV UGJT UEJÌP

1644

(CUV XQT\ÒINKEJ 5GJT UEJÌP (CUV XQT\ÒINKEJ (GKPG 6ÌPWPI XQT\ÒINKEJ

1645

0KMQNCWU + 5KNDGTPGT ,GVQP CWH UGKPG -TÌPWPI KP /QUMCW )GMTÌPVGU /QPQ ITCOO &TGK <GKNGP 5EJTKHV QDGP -TQPG OO I $KVMKP 8QT\ÒINKEJ

-QRGMGP 5V 2GVGTUDWTI $KVMKP

8QT\ÒINKEJ

(CUV XQT\ÒINKEJ

1646

1647 Æ

4WDGN 5V 2GVGTUDWTI &CX

$TQP\GOGFCKNNG XQP % 2HGWHHGT WPF ) .QQU CWH FKG 'KPPCJOG XQP #FTKCPQRGN VÒTM 'FKTPG FWTEJ FGP )GPGTCN ,QJCPP )TCH &KGDKVUEJ 5CDCNMCPUMK

Ó 4KVVGT OKV YGJGPFGT (CJPG KP FGT GTJQDGPGP .KPMGP UVGJV X X KO *KPVGTITWPF 5VCFVOCWGT 5GEJU <GKNGP 5EJTKHV KP .QTDGGTMTCP\ OO ( W 5 5OKTPQX 5QOOGT 2 9WT\DCEJ 8QT\ÒINKEJ

1649

1648 Æ

$TQP\GOGFCKNNG XQP ) .QQU WPF * )WDG CWH FGP (TKGFGP XQP #FTKCPQRGN VÒTM 'FKTPG -QRH T OKV .QTDGGTMTCP\ &GT -CKUGT ÒDGTTGKEJV 5WNVCP /CJOWF ++

TGI GKPGP ¤N\YGKI KO *KPVGTITWPF FTGK (CJPGP WPF 5VCFVCPUKEJV OO 2CZ KP 0WOOKU 5OKTPQX 5QOOGT 2 #PO 9WT\DCEJ 8QT\ÒINKEJ

4WDGN 5V 2GVGTUDWTI &CX

5GJT UEJÌPpXQT\ÒINKEJ

1650

1651

-QRGMGP 5V 2GVGTUDWTI $KVMKP 4WDGN 5V 2GVGTUDWTI &CX

1652

4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX

1654

1651

8QT\ÒINKEJ 5GJT UEJÌPpXQT\ÒINKEJ

1653

5GJT UEJÌPpXQT\ÒINKEJ 9KP\ 4CPFHGJNGT HCUV XQT\ÒINKEJ

1655

4WDGN 5V 2GVGTUDWTI &CX

(CUV XQT\ÒINKEJ

4WDGN 5V 2GVGTUDWTI 8GTRT·IWPI 8QTFGT WPF 4ÒEMUGKVG UKPF FG\GPVTKGTV &CX 44 +PVGTGUUCPVG 8GTRT·IWPI 8QT\ÒINKEJ

1656

1657

4WDGN 5V 2GVGTUDWTI &CX 4WDGN 9CTUEJCW &CX

8QT\ÒINKEJ (CUV XQT\ÒINKEJ

1659

1658

4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX

(CUV XQT\ÒINKEJ (CUV XQT\ÒINKEJ

1660

1661

4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX

1663

9KP\ 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJ (GKPG 2CVKPC XQT\ÒINKEJ

1662

4WDGN 9CTUEJCW &CX -QRGMGP 5V 2GVGTUDWTI $KVMKP 4WDGN 5V 2GVGTUDWTI &CX -QRGMGP 5V 2GVGTUDWTI $KVMKP

1665

1664

8QT\ÒINKEJ 8QT\ÒINKEJ 8QT\ÒINKEJ 8QT\ÒINKEJ

1667

1666

4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX

1668

8QT\ÒINKEJ 8QT\ÒINKEJ CWU RQNKGTVGT 2NCVVG

1669

1671

1670

-QRGMGP 5V 2GVGTUDWTI $KVMKP 4WDGN 5V 2GVGTUDWTI &CX 4WDGN 2QNVKPC 5V 2GVGTUDWTI $KVMKP

8QT\ÒINKEJ 8QT\ÒINKEJ 8QT\ÒINKEJ

4WDGN 5V 2GVGTUDWTI +P 75 2NCUVKMJQNFGT FGT 0)% OKV FGT $GYGTVWPI /5 &CX 5GNVGP KP FKGUGT 'TJCNVWPI *GTTNKEJG 2CVKPC XQT\ÒINKEJp5VGORGNINCP\

1672

5KNDGTOGFCKNNG Q , WPUKIPKGTV 2T·OKG HÒT GTHQNITGKEJG 5VWFKGP )GMTÌPVGT &QRRGNCFNGT OKV <GRVGT WPF 4GKEJUCRHGN KP FGP (·PIGP CWH FGT $TWUV 9CRRGPUEJKNF XQP 1TFGPUMGVVG WOIGDGP CWH FGP (NÒ IGNP LG FTGK YGKVGTG 9CRRGPUEJKNFG /KPGTXC OKV .QTDGGTMTCP\ KP FGT 4GEJVGP WPF 2CVGTC KP FGT GTJQDGPGP .KPMGP UVGJV X X WOIGDGP XQP #VVTKDWVGP FGT 9KUUGPUEJCHVGP FKG CWH FGO $QFGP NKGIGP OO I 5OKTPQX C 8QT\ÒINKEJ

5COONWPI -NGKPOÒP\GP CWU FGT <GKV XQP 0KMQNCWU + XQP FGT -W -QRGMG DKU \W -QRGMGP *QEJKPVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5EJÌPpUGJT UEJÌP

4WDGN Z Z 9CTUEJCW 9CTUEJCW Z Z 9CTUEJCW 9CTUEJCW 9CTUEJCW 8CTKCPVGP 4WDGN 8CTKCPVGP FKXGTUG WPF -QRGMGPUVÒEMG UQYKG #DC\ 6KHNKU HÒT )GQTIKGP 5GJT KPVGTGU UCPVGU .QV 5VÒEM (CUV UGJT UEJÌPpXQT\ÒINKEJ

1675 1676

1676

#NGZCPFGT ++ 5KNDGTPGT ,GVQP CWH UGKPG -TÌPWPI KP /QUMCW )GMTÌPVGU /QPQ ITCOO &TGK <GKNGP 5EJTKHV QDGP -TQPG OO I $KVMKP (GKPG 6ÌPWPI XQT\ÒINKEJ

4WDGN 5V 2GVGTUDWTI &CX

5GJT UEJÌPpXQT\ÒINKEJ

1678

1677

4WDGN 5V 2GVGTUDWTI &CX

(CUV XQT\ÒINKEJ

4WDGN 5V 2GVGTUDWTI &CX WPVGT 0KMQNCWU + 5GNVGPGT ,CJTICPI 9KP\ 4CPFHGJNGT XQT\ÒINKEJ

1679

1680

4WDGN 2QNVKPC 5V 2GVGTUDWTI $KVMKP 4WDGN 5V 2GVGTUDWTI &GPMOCN HÒT 0KMQNCWU + &CX 4WDGN 5V 2GVGTUDWTI &GPMOCN HÒT 0KMQNCWU + &CX 4WDGN 2QNVKPC 5V 2GVGTUDWTI $KVMKP

1683

1681

-QRGMGP 5V 2GVGTUDWTI $KVMKP 4WDGN 5V 2GVGTUDWTI &CX

1684

1682

8QT\ÒINKEJ (GKPG 6ÌPWPI XQT\ÒINKEJ 5GJT UEJÌPpXQT\ÒINKEJ 8QT\ÒINKEJ

1683

*ÒDUEJG 2CVKPC XQT\ÒINKEJp5VGORGNINCP\ 4 (CUV XQT\ÒINKEJ

1686

1685

4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX

(CUV XQT\ÒINKEJ /KP 4CPFHGJNGT XQT\ÒINKEJ

5COONWPI -NGKPOÒP\GP CWU FGT <GKV #NGZCPFGTU ++ XQP FGT -W 2QNWUEJMC DKU \W -QRGMGP &C\W /GFCKNNGP *QEJKPVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5EJÌPpUGJT UEJÌP WPF DGUUGT

4WDGN 8CTKCPVGP 8CTKCPVGP 4WDGN -QRGMGP 8CTKCPVGP 8CTKCPVGP 8CTKCPVGP &C\W #NGZCPFGT +++ 4WDGN 4 -QRGMGP -QRGMGP +PVGTGUUCPVGU .QV 5VÒEM 5GJT UEJÌPpHCUV 5VGORGNINCP\

1690

1689

#NGZCPFGT +++ 5KNDGTOGFCKNNG Q , XQP # )TKNNKEJGU 2T·OKG FGT /·FEJGPUEJWNG HÒT FGP GTHQNITGKEJGP #DUEJNW $TWUVDKNF FGT <CTKP /CTKC (GQFQTQYPC T /KPGTXC OKV .QTDGGTMTCP\ KP FGT 4GEJVGP WPF 2CVGTC KP FGT GTJQDGPGP .KPMGP UVGJV X X WOIGDGP XQP #VVTKDWVGP FGT 9KUUGP UEJCHVGP FKG CWH FGO $QFGP NKGIGP OO I 5OKTPQX C XCT 8QT\ÒINKEJ 4WDGN 5V 2GVGTUDWTI CWH UGKPG -TÌPWPI &CX

1691

5GJT UEJÌPpXQT\ÒINKEJ

1692

4WDGN 5V 2GVGTUDWTI &CX 4WDGN 5V 2GVGTUDWTI &CX

5GJT UEJÌP 5GJT UEJÌPpXQT\ÒINKEJ

&KXGTUG -NGKPOÒP\GP CWU FGT <GKV #NGZCPFGTU +++ XQP -QRGMGP DKU \W -QRGMGP &C\W /GFCKNNGP +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP

.QV $TQP\GOGFCKNNG XQP # ) )TKNNKEJGU CWH FKG 'KPYGKJWPI FGU &GPMOCNU CPN·NKEJ FGT 5KGIG ÒDGT FKG 6ÒTMGP $ÒUVGP XQP #NGZCPFGT ++ WPF +++ PGDGPGKPCPFGT T KP 'KEJGP WPF .QTDGGTMTCP\ #PUKEJV FGU &GPMOCNU WOJGT 5EJTKHV OO 5OKTPQX &C\W $TQP\GOGFCKNNG XQP . 5VGKPOCP WPF 5 8CUEJVUEJGPKP CWH FKG 2CPTWUUKUEJG #WUUVGNNWPI KP /QUMCW 5OKTPQX &C\W 0KMQNCWU ++ VTCIDCTG 5KNDGTOGFCKNNG Q , -QRGMGP 5VÒEM 8QT\ÒINKEJ

1695

0KMQNCWU ++ 5KNDGTOGFCKNNG WPUKIPKGTV CWH FKG -TÌPWPI FGU <CTGPRCCTGU KP /QU MCW &KG /QPQITCOOG FGU <CTGPRCCTGU FCTÒDGT -TQPG -TQPG ÒDGT FTGK <GKNGP 5EJTKHV OO I 5OKTPQX 2TCEJVGZGORNCT (CUV 5VGORGNINCP\ -QRGMGP 5V 2GVGTUDWTI $KVMKP

2TCEJVGZGORNCT *ÒDUEJG 2CVKPC 5VGORGNINCP\

1698

1697

1696

1697

-QRGMGP 5V 2GVGTUDWTI $KVMKP 4WDGN 5V 2GVGTUDWTI &GPMOCN HÒT #NGZCPFGT ++ &CX

1699

8QT\ÒINKEJ 8QT\ÒINKEJ

1700

4WDGN 5V 2GVGTUDWTI CWH FKG ,CJTHGKGT FGU 5KGIGU ÒDGT 0CRQNGQP &CX

8QT\ÒINKEJ

4WDGN 5V 2GVGTUDWTI CWH FKG ,CJTHGKGT FGU 5KGIGU ÒDGT 0CRQNGQP &CX -N 4CPFHGJNGT XQT\ÒINKEJ

.QV 5COONWPI -NGKPOÒP\GP XQP FGT -W -QRGMG DKU \W -QRGMGP FCTWPVGT GKPKIG ,CJTI·PIG VGKNYGKUG OGJTHCEJ XQTJCPFGP &C\W /GFCKNNGP *QEJKPVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP $GK FGP 5KNDGTMNGKPOÒP\GP \W -QRGMGP UKPF \WO 6GKN 5RKV\GPGTJCNVWPIGP XQTJCPFGP VGKNYGKUG RQNKGTVG 2NCVVGP 5VÒEM 5GJT UEJÌPpRQNKGTVG 2NCVVG

.QV -QRGMGP Z Z Z Z 5VÒEM (CUV UGJT UEJÌPpHCUV XQT\ÒINKEJ

.QV 4WDGN Z Z Z Z Z Z

Z ,CJTG 4QOCPQX &[PCUVKG Z 5VÒEM 5GJT UEJÌPpXQT\ÒINKEJ

5QYLGVWPKQP .QV -QRGMGP -QRGMGP -QRGMGP CNNG CWU FGT /ÒP\UV·VVG .GPKPITCF 5VÒEM 5VGORGNINCP\

&KXGTUG 6TQRHMQRGMGP FGU WPF ,CJTJWPFGTVU &C\W &·PGOCTM 5MKNNKPI NÒDUEJ Q , #NNG 5VÒEMG UKPF OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP 5VÒEM 5GJT UEJÌP

&KXGTUG 6TQRHMQRGMGP FGU ,CJTJWPFGTVU &C\W /ÒP\GP FGU <GKVTCWOGU XQP FGT -W &GPIC DKU 4WDGN +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 'KPKIG OKV (GJNGTP UEJÌPpUGJT UEJÌP

.165 -#+5'44'+%* 4755.#0&

)'14)+'0

1707 Æ

#NGZCPFGT + -W 2WNK 6KHNKU $KVMKP

4 5GJT UEJÌP

1708 1709

-¤0+)4'+%*

1709

5%*9'&'0

)WUVCX 8CUC /CTM 5XCTVULÌ #JNUVTÌO -N 2T·IGUEJY·EJG 4CPFHGJNGT WPF -TCV\GT UGJT UEJÌP

,QJCP +++ &CNGT Q , 5VQEMJQNO I )GMTÌPVGU IGJCTPKUEJVGU *ÒHVDKNF T OKV IGUEJWNVGTVGO 5EJYGTV WPF 4GKEJUCRHGN )GMTÌPVGU JGT\HÌTOKIGU XKGTHGNFKIGU 9CRRGP OKV /KVVGN UEJKNF KP FTGKHCEJGO 5EJTKHVMTGKU #JNUVTÌO &CX \W (GKPG 2CVKPC MN *GPMGNURWT UGJT UEJÌP

1710 1711 Æ

1711 Æ

¤TG 5VQEMJQNO #JNUVTÌO

5GJT UEJÌP

)WUVCX ++ #FQNH -W -NKRRG \W ¤TG 5·VGT QFGT 0[MÌRKPI #JNUVTÌO 2T·IGUEJY·EJG UGJT UEJÌP

1712 Æ

1712 Æ 1713 Æ

%JTKUVKPC -W ¤TG #XGUVC #JNUVTÌO

-CTN : )WUVCH 'EMUVÒEM GKPGT -WRHGTRNCVVG \W &CNGT 5KNXGTO[PV #XGUVC Z OO #JNUVTÌO \W 6KPIUVTÌO \W 5 44 5GJT UEJÌP

5GJT UEJÌP

1715

1714 Æ

'EMUVÒEM GKPGT -WRHGTRNCVVG \W &CNGT 5KNXGTO[PV #XGUVC Z OO #JNUVTÌO \W 6KPIUVTÌO \W 5 44 5GJT UEJÌP

-CTN :+ /CTM 5VQEMJQNO #JNUVTÌO C

1716

1717

9KP\ <CKPGPFG XQT\ÒINKEJ

1718

(TKGFTKEJ + 4KMUFCNGT 5VQEMJQNO #JNUVTÌO &CX 5GJT UEJÌP UGJT UEJÌPpXQT\ÒINKEJ

)WUVCX +8 #FQNH 4KMUFCNGT 5VQEMJQNO #JNUVTÌO &CX 9KP\ <CKPGPFG UGJT UEJÌP

-CTN :+8 ,QJCPP 4KMUFCNGT 5VQEMJQNO #JNUVTÌO &CX 2CVKPC XQT\ÒINKEJ

&KXGTUG -NGKPOÒP\GP FGU ,CJTJWPFGTVU XQP FGT -W ¤TG DKU \WO /CTMUVÒEM FCTWPVGT CWEJ 2T·IWPIGP HÒT FCU $CNVKMWO UQYKG GKPKIG -W -NKRRGP +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 6GKNYGKUG OKV (GJNGTP UEJÌPpUGJT UEJÌP

'TKM :+8 5EJKNKPI 4GXCN %JTKUVKPC -W ¤TG -CTN :+ /CTM -CTN :++ ¤TG )WUVCX +++ 4KMUFCNGT 5VÒEM /GKUV UGJT UEJÌP

.165 5%*9'&'0

1721

##4)#7

5%*9'+<

-CPVQP (TCPMGP #CTCW &CX & 6

8QT\ÒINKEJ

1722

$#5'.

5VCFV 5KNDGTPG 8GTFKGPUVOGFCKNNG Q , WO XQP ( (GEJGT 5VCFVCPUKEJV OKV CWHIGJGPFGT 5QPPG XQP 0QTFYGUVGP IGUGJGP FCTÒDGT J·NV GKPG *CPF CWU 9QNMGP FCU OKV $·PFGTP IGUEJOÒEMVG 5VCFVYCRRGP WPVGP -CTVWUEJG OKV \YGK <GKNGP 5EJTKHV +P GKPGT QHHGPGP 4WKPGPCTEJKVGMVWT UKV\V FGT 2TQRJGV &CPKGN XQP UGEJU .ÌYGP WOIGDGP N CWH GKPGO $CNMQP FGT 2GTUGTMÌPKI &CTGKQU OKV \YGK (TCWGP QDGP UVTCJNGPFGT JGDT·KUEJGT )QVVGUPCOG OO I 5EJYGK\GT /GFCKNNGP #WM VKQP .GW <ÒTKEJ 0T 4 *ÒDUEJG 2CVKPC XQT\ÒINKEJGU 'ZGORNCT

1724

1723

6CNGT &CX & 6

5%*#((*#75'0

5VCFV &KEMGP & 6 H

1723

(GKPG 2CVKPC YKP\ 5VGORGNHGJNGT XQT\ÒINKEJ

'VYCU RQTÌUGT 5EJTÌVNKPI UGJT UEJÌP

1725

52#0+'0

-¤0+)4'+%*

%CTNQU +++ 8+ XQP ¤UVGTTGKEJ 2T·VGPFGPV 5KNDGTOGFCKNNG XQP 2 * /ÒNNGT CWH FGP 5KGI DGK .GTKFC )GJCTPKUEJVGU $TWUVDKNF T OKV WOIGNGIVGO /CPVGN WPF FGT -GVVG FGU 1TFGPU XQO )QNFGPGP 8NKGU -TKGIGT KP CPVKMGT 4ÒUVWPI UVGJV T OKV 5EJYGTV WPF DGM·ORHV FTGK *CTR[KGP OO I (QTUVGT 5NI *QTUM[ 5NI ,WNKWU 5NI /QPVGPWQXQ 4 8QT\ÒINKEJ

1726

1727

(GTPCPFQ 8++ 4GCNGU % %, %CFK\ % % 6 &CX 4 5GJT UEJÌPpXQT\ÒINKEJ

4GCNGU / ), /CFTKF % % 6 &CX

5GJT UEJÌP

1728

$¤*/'0 / *4'0

65%*'%*+'0

(GTFKPCPF + XQP ¤UVGTTGKEJ -NKRRGPHÌTOKIG 5KNDGTOGFCKNNG KO )GYKEJV GKPGU 6CNGTU ,QCEJKOUVJCN WPUKIPKGTV XQP 0 /KNKE\ ! CWH FKG )GDWTV %JTKUVK -QRH FGU 2TQRJGVGP 'NKCU N 7PVGT GKPGO XQP XKGT 5·WNGP IGVTCIGPGP )GYÌNDG FKG &CTUVGNNWPI FGT )GDWTV %JTKUVK Z OO I &QPGD -CV\ 5NI .CPPC 4 *ÒDUEJG 2CVKPC XQT\ÒINKEJ

70)#40

-NGKPGU .QV XQP 0QVOÒP\GP Q , FGT 2CTVKUCPGP KP 'KUGP (KNNGT TWPF -TQPG TWPF -TQPGP

UGEJUGEMKI #NNG GKPUGKVKI WPF OKV )GIGPUVGORGN /CPP OKV *COOGT 5VÒEM 5GJT UEJÌP

1730 Æ

1731 Æ

416*'056'+0 $'+ -#5%*#7

100

-W $GTIYGTMUOCTMG \W -TGW\GTP FGT 2JÌPKZJÒVVG /QPQITCOO #4 #PVQP 4QNN $GUKV\GT FGT 2JÌPKZJÒVVG \YKUEJGP <GKIGP QDGP ,CJTGU\CJN WPVGP 9GTV #FNGT CWH <YGKIGP )QJN 0GW OCPP 4 5GJT UEJÌP

-W $GTIYGTMUOCTMG \W -TGW\GTP FGT 2JÌPKZJÒVVG /QPQITCOO #4 #PVQP 4QNN $GUKV\GT FGT 2JÌPKZJÒVVG \YKUEJGP <YGKIGP QDGP ,CJTGU\CJN WPVGP 9GTV #FNGT CWH <YGKIGP )QJN 0GWOCPP 4 5GJT UEJÌP

1732 Æ

1733 Æ

1734 Æ

-W $GTIYGTMUOCTMG \W -TGW\GT FGT 2JÌPKZJÒVVG /QPQITCOO #4 #PVQP 4QNN $GUKV\GT FGT 2JÌPKZJÒVVG \YKUEJGP <YGKIGP QDGP ,CJTGU\CJN WPVGP 9GTV #FNGT CWH <YGKIGP )QJN 0GW OCPP 4 (CUV XQT\ÒINKEJ

-W $GTIYGTMUOCTMG \W -TGW\GTP FGT 2JÌPKZJÒVVG /QPQITCOO #4 #PVQP 4QNN $GUKV\GT FGT 2JÌPKZJÒVVG \YKUEJGP <GKIGP QDGP ,CJTGU\CJN WPVGP 9GTV #FNGT CWH <YGKIGP )QJN 0GW OCPP 4 5GJT UEJÌPpXQT\ÒINKEJ

-W $GTIYGTMUOCTMG \W -TGW\GTP FGT 2JÌPKZJÒVVG /QPQITCOO #4 #PVQP 4QNN $GUKV\GT FGT 2JÌPKZJÒVVG \YKUEJGP <YGKIGP QDGP ,CJTGU\CJN WPVGP 9GTV #FNGT CWH <YGKIGP )QJN 0GWOCPP 44 5GJT UEJÌPpXQT\ÒINKEJ

/ª0<'0 #75 ª$'45''

1735

2'47

%CTNQU +++ 2GUQ CWH UGKPG 2TQMNCOCVKQP \WO -ÌPKI KP .KOC 5NI (QPTQDGTV (CUV XQT\ÒINKEJ

5ª&#(4+-#

.QV 5JKNNKPI 5JKNNKPIU 5JKNNKPIU 2GPEG 2GPP[ &C\W $TQP \GOGFCKNNG XQP 5EJCTHH CWH 2T·UKFGPV 2CWN -TÒIGT XQT\ÒINKEJ 5VÒEM /GKUV UGJT UEJÌP

1737

#00#/

8+'60#/

/KPJ /CPI 6KGP 2KCUVGT ,CJT &CX 5EJTQGFGT 5GJT UEJÌPpXQT\ÒINKEJ

101

*#$5$74)+5%*' '4$.#0&' ¤56'44'+%*

1738

1739

1740

4¤/+5%* &'765%*'5 4'+%*

(GTFKPCPF + 6CNGT Q , 9KGP /KV CNVGO *ÒHVDKNF T &CX 8QINJ ++ 5GNVGP KP FKGUGT 'TJCNVWPI &QRRGNUEJNCI HCUV 5VGORGNINCP\

/CZKOKNKCP ++ 4GKEJUVCNGT ,QCEJKOUVCN /ÒP\OGKUVGT ,ÌTI )GKV\MÌHNGT &CX &KGVKMGT *CNCEMC 8QINJ ++ 4 -N *GPMGNURWT YKP\ -TCV\GT UGJT UEJÌP

4WFQNH ++ 4GKEJUVCNGT ,QCEJKOUVCN /ÒP\OGKUVGT )GQTI -CFPGT &CX &KG VKMGT *CNCEMC 8QINJ + 5GJT UEJÌP

1741

1742 (doppelt)

4GKEJUVCNGT -$ -TGOPKV\ &CX 8QINJ +++

'VYCU (WPFDGNCI CO 4CPF XQT\ÒINKEJ

&QRRGNVGT 4GKEJUVCNGT *CNN I &CX / 6 -N $GCTDGKVWPIUUVGNNG CO 4CPF UGJT UEJÌP

102

1743

1744

'T\JGT\QI /CZKOKNKCP CNU *QEJOGKUVGT FGU &GWVUEJGP 1TFGPU 4GKEJUVCNGT Q , *CNN / 6 XCT 0GWOCPP *ÒDUEJG 2CVKPC XQT\ÒINKEJ

/CVVJKCU 4GKEJUVCNGT -$ -TGOPKV\ &CX 8QINJ ++ 2CVKPC UGJT UEJÌP

1745

1746

'T\JGT\QI .GQRQNF 8 4GKEJUVCNGT *CNN &CX / 6 8QINJ + (GKPG 2CVKPC UGJT UEJÌP

4GKEJUVCNGT *CNN &CX / 6 8QINJ +

4GKEJUVCNGT *CNN 4GKEJUVCNGT *CNN &C\W .GQRQNF + 4GKEJUVCNGT *CNN &CX Z / 6 XCT 8QINJ ++ Z + 5VÒEM *GPMGNURWT D\Y 4CPF DGCTDGKVGV UGJT UEJÌP

1748

4GKEJUVCNGT *CNN &CX / 6 XCT 8QINJ ++ 4GKEJUVCNGT *CNN &CX / 6 XCT 8QINJ ++

(GKPG 2CVKPC UGJT UEJÌP

1749

(GKPG 2CVKPC UGJT UEJÌP -N <CKPGPFG UGJT UEJÌP

103

1750 (doppelt)

1752

1751 (doppelt)

&QRRGNVGT 4GKEJUVCNGT Q , *CNN CWH UGKPG 8GTO·JNWPI OKV %NCWFKC XQP /GFKEK I &CX / 6 *ÒDUEJG 2CVKPC UGJT UEJÌP

&QRRGNVGT 4GKEJUVCNGT *CNN I &CX / 6 D (GKPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

4GKEJUVCNGT *CNN &CX / 6 XCT 8QINJ +

1753

1754

(GKPG 2CVKPC HCUV XQT\ÒINKEJ

1755

4GKEJUVCNGT 'PUKUJGKO &CX 8QINJ + 4GKEJUVCNGT *CNN &CX / 6 8QINJ ++

4GKEJUVCNGT ,CJTGU\CJN KO 5VGORGN CWU IG·PFGTV *CNN &CX / 6 8QINJ ++ XCT 5GJT UEJÌPpXQT\ÒINKEJ

104

4 5GJT UEJÌP (GKPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

1756

1757

1758

4GKEJUVCNGT ,CJTGU\CJN KO 5VGORGN CWU IG·PFGTV *CNN &CX / 6 8QINJ +++ 2TCEJVGZGORNCT 8QT\ÒINKEJp5VGORGNINCP\

4GKEJUVCNGT *CNN &CX / 6 XCT 8QINJ +8 4GKEJUVCNGT *CNN &CX / 6 XCT 8QINJ +8

1759

1760

#VVTCMVKXG 2CVKPC XQT\ÒINKEJ (GKPG 2CVKPC XQT\ÒINKEJ

1761 (doppelt)

4GKEJUVCNGT *CNN &CX / 6 XCT 8QINJ +8 4GKEJUVCNGT *CNN / 6

(CUV XQT\ÒINKEJ 8QT\ÒINKEJ

&QRRGNVGT 4GKEJUVCNGT Q , RQUVJWOG 2T·IWPI XQP *CNN CWH UGKPG 8GTO·JNWPI OKV %NCWFKC XQP /GFKEK I &CX / 6 2CVKPC (GNFGT CNVIGIN·VVGV UGJT UEJÌP

105

1762 (doppelt)

1764 (doppelt)

1763 (doppelt)

&QRRGNVGT 4GKEJUVCNGT Q , RQUVJWOG 2T·IWPI XQP *CNN CWH UGKPG 8GTO·JNWPI OKV %NCWFKC XQP /GFKEK I &CX / 6 -N <CKPGPFG (GNFGT IGIN·VVGV UGJT UEJÌP

'T\JGT\QI (GTFKPCPF -CTN &QRRGNVGT 4GKEJUVCNGT Q , *CNN I &CX / 6 (CUV XQT\ÒINKEJ XQT\ÒINKEJ

&QRRGNVGT 4GKEJUVCNGT Q , *CNN I &CX / 6 (GKPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

1765

1767 (doppelt)

1766

4GKEJUVCNGT *CNN &CX / 6 XCT 8QINJ + 4 (GKPG 2CVKPC XQT\ÒINKEJ 4GKEJUVCNGT *CNN &CX / 6 8QINJ ++ 5GNVGPGT ,CJTICPI *GTTNKEJG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

&QRRGNVGT 4GKEJUVCNGT Q , *CNN I &CX / 6 *ÒDUEJG 2CVKPC HCUV XQT\ÒINKEJ

106

1769

1768

4GKEJUVCNGT *CNN &CX / 6 8QINJ ++ 4GKEJUVCNGT *CNN / 6

*GTTNKEJG 2CVKPC XQT\ÒINKEJ 4 (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

1772

1770

4GKEJUVCNGT *CNN / 6

.QV -TGW\GT )TQUEJGP *CNN &C\W 'T\JGT\QI 5KIKUOWPF (TCP\ -TGW \GT )TQUEJGP *CNN / 6 5VÒEM 8QT\ÒINKEJ

4 (GKPG 2CVKPC HCUV XQT\ÒINKEJ

(GTFKPCPF +++ 4GKEJUVCNGT )TC\ &CX 8QINJ +8 (GKPG 2CVKPC MN 5VGORGNHGJNGT CO 4CPF XQT\ÒINKEJ

1773

1774

4GKEJUVCNGT )* $TGUNCW 9CTFGKP )GQTI *ÒDPGT &CX ( W 5 8QINJ + 44 5GJT UEJÌP

4GKEJUVCNGT 9KGP *GTKPGM

*ÒDUEJG 2CVKPC MN 4CPFMGTDG UGJT UEJÌPpXQT\ÒINKEJ

1775

ex 1776

.GQRQNF + 4GKEJUVCNGT Q , *CNN / 6 4 (GKPG 2CVKPC XQT\ÒINKEJp5VGORGNINCP\

-TGW\GT %# %# 9KGP *GTKPGM

5VÒEM 8QT\ÒINKEJ

107

1778

1777

-TGW\GT 5V 8GKV *GTKPGM

5GJT UEJÌPpXQT\ÒINKEJ

4GKEJUVCNGT *CNN &CX / 6 8QINJ + 9KP\ 5EJTÌVNKPIUHGJNGT UGJT UEJÌPpXQT\ÒINKEJ

1779

1780 (doppelt)

-TGW\GT 9KGP *GTKPGM

8QT\ÒINKEJp5VGORGNINCP\

&QRRGNVGT 4GKEJUVCNGT Q , *CNN I &CX / 6 9KP\ 4CPFHGJNGT UGJT UEJÌPpXQT\ÒINKEJ

1781

1782

5KNDGTOGFCKNNG WPUKIPKGTV CWH FKG $GNCIGTWPI WPF FGP 'PVUCV\ 9KGPU #PUKEJV FGT DGNCIGTVGP 5VCFV 9KGP #EJV <GKNGP 5EJTKHV /KV 4CPFUEJTKHV Ú &'/ -';5'45 6*410 &+' 5+')'5 -410 OO I *KTUEJ XCT 5NI /QPVGPWQXQ XCT 8QT\ÒINKEJ -TGW\GT 8$ 9 /CKP\ HÒT *QJGPNQJG *GTKPGM

4 5GJT UEJÌPpXQT\ÒINKEJ

1783 Sn

108

<KPPOGFCKNNG WPUKIPKGTV CWH FKG 'KPPCJOG XQP 1HGP $WFC &GT 5VWTO CWH 1HGP #FNGT DG M·ORHV GKPGP &TCEJGP /KV 4CPFUEJTKHV 38#/ &1.1 /#.1 51.;/#0075 -#27+6 Ü .'121.&75 /#46+# 8+4676' /#*1/'6+ 37#461 '4+27+6 Û OO 5NI /QP VGPWQXQ WGTUV UGNVGP .GKEJVG 1DGTHN·EJGPMQTTQUKQP HCUV XQT\ÒINKEJ

1784

1785

4GKEJUVCNGT *CNN &CX / 6 8QINJ ++

5KNDGTOGFCKNNG XQP ) *CWVUEJ WPF . ) .CWHHGT CWH FKG -TÌPWPI UGKPGU 5QJPGU ,QUGH UR·VGT -CKUGT ,QUGH + \WO TÌOKUEJGP -ÌPKI KP #WIUDWTI )GMTÌPVGU $TWUVDKNF ,QUGHU HCUV X X KO MÌPKINKEJGP )GYCPF &GT -ÌPKI MPKGV T WPF DGVGV QDGP UVTCJNGPFGU )QVVGUCWIG É &'85 2#64+5 68+ '4+6 #&+8614 6885 '6 $'0'&+%'6 6+$+ Û )'0 Û :.+: Û OO I 5NI /QPVGPWQXQ 4 8QT\ÒINKEJGU 'ZGORNCT

1786 (dreifach)

1787 (doppelt)

8QT\ÒINKEJ

1788

&KEMGT FTGKHCEJGT 4GKEJUVCNGT Q , *CNN I &CX / 6 FQTV CNU &QR RGNVCNGT DG\GKEJPGV 8QP ITÌVGT 5GNVGPJGKV 4CPF DGCTDGKVGV (GNFGT IGIN·VVGV UGJT UEJÌP

&QRRGNVGT 4GKEJUVCNGT Q , *CNN I &CX / 6 9KP\ 5EJTÌVNKPIUHGJNGT HCUV XQT\ÒINKEJ

4GKEJUVCNGT %$ $TKGI &CX ( W 5 8QINJ + 9KP\ 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

109

1790

1789

4GKEJUVCNGT *CNN &CX / 6 8QINJ 8+ 2TCEJVGZGORNCT *GTTNKEJG 2CVKPC GVYCU )TÒPURCP 5VGORGNINCP\

4GKEJUVCNGT *CNN &CX / 6 8QINJ 8++ 2TCEJVGZGORNCT *GTTNKEJG 2CVKPC 5VGORGNINCP\

1791

1792 (doppelt)

1793

4GKEJUVCNGT (0 $TGUNCW 9CTFGKP (TCP\ 0QYCEM &CX ( W 5 8QINJ :++ 44 -N <CKPGPFG UGJT UEJÌPpXQT\ÒINKEJ

,QUGH + &QRRGNVGT 4GKEJUVCNGT Q , *CNN I &CX / 6 *GPMGNURWT UGJT UEJÌP

4GKEJUVCNGT *CNN &CX / 6 8QINJ +

110

(GKPG 2CVKPC XQT\ÒINKEJ

1794

1795

1796

5KNDGTOGFCKNNG WPUKIPKGTV XQP 2 * /ÒNNGT CWH FKG 'KPPCJOG XQP 6QWTPCK &KG (GUVWPI 6QWT PCK YKTF XQP $GNCIGTWPIUDCVVGTKGP DGUEJQUUGP 5VCFVIÌVVKP OKV /CWGTMTQPG WPF 5VCFVUEJKNF UVGJV X X WPF UVTGWV ¤N\YGKIG T FCPGDGP UVGJV 8KMVQTKC X X OKV 2CNO\YGKI OKV FGT .KPMGP J·NV UKG FKG CO $QFGP NKGIGPFG -TKGIUHWTKG CP GKPGT -GVVG /KV 4CPFUEJTKHV 4')0+ %1..#25# 48806 +//#0+# /'/$4# Û 8+4)+. Û 8GT\KGTWPI % ) . 8GT\KGTWPI È OO I (QTUVGT 5NI /QPVGPWQXQ X .QQP +8 5 4 8QT\ÒINKEJGU 'ZGORNCT

4GKEJUVCNGT *CNN &CX / 6 D 8QINJ ++ (GKPG 2CVKPC HCUV XQT\ÒINKEJ 4GKEJUVCNGT *CNN &CX / 6 C 8QINJ ++ (GKPG 2CVKPC OKP -TCV\GT XQT\ÒINKEJ

1798

1797 (doppelt)

-CTN 8+ &QRRGNVGT 4GKEJUVCNGT Q , *CNN I &CX / 6 (GKPG 2CVKPC XQT\ÒINKEJGU 'ZGORNCT

4GKEJUVCNGT *CNN &CX / 6 8QINJ +

(GKPG 2CVKPC HCUV XQT\ÒINKEJ

&KG 4GKEJUVCNGT XQP VTCIGP PQEJ FCU $TWUVDKNF ,QUGHU +

111

1799

1800

4GKEJUVCNGT -WVVGPDGTI /ÒP\OGKUVGT $GTPJCTF 9QPUKFNGT &KGVKMGT *CNCEMC 4 *ÒDUEJG 2CVKPC HCUV XQT\ÒINKEJ

5KNDGTOGFCKNNG XQP ) 9 8GUVPGT CWH FGP (TKGFGP XQP 4CUVCVV #PUKEJV FGU 4CUVCVVGT 5EJNQU UGU 2KEMGNJCWDG OKV (GFGTDWUEJ FCXQT \YGK 6CWDGP OKV .QTDGGT\YGKIGP OO I $GTP JGKOGT 2CZ KP 0WOOKU 5NI /QPVGPWQXQ *ÒDUEJG 2CVKPC YKP\ -TCV\GT XQT\ÒINKEJ

1802 1801

1801

4GKEJUVCNGT *CNN &CX / 6 8QINJ ++

/KP 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

5KNDGTOGFCKNNG WPUKIPKGTV XQP - , *QHHOCPP CWH FKG )TWPFUVGKPNGIWPI FGT (GUVWPI -CTNU DWTI #PUKEJV FGT (GUVWPI FCTÒDGT #FNGT FGT KP UGKPGP (·PIGP /QPFUKEJGN WPF FKG <CJN 8+ J·NV <GJP <GKNGP 5EJTKHV FCTWPVGT UKGDGP $WTIJÒIGN 4GUEJ 5NI /QPVGPWQXQ 5KGDGPDÒTIGP 9KP\ 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJ

1803

112

4GKEJUVCNGT 5KGDGPDÒTIGP &CX 8QINJ +++ 4 -N 5VGORGNHGJNGT CO 4CPF UGJT UEJÌP

1804

5KNDGTOGFCKNNG XQP 2 * /ÒNNGT CWH FKG (GKPFUGNKIMGKVGP (TCPMTGKEJU IGIGP FCU &GWVUEJG 4GKEJ 5CWN UVÒT\V XQO 2HGTF 5KGDGP <GKNGP 5EJTKHV \YKUEJGP #TCDGUMGP OO I (QTUVGT 5NI /QPVGPWQXQ /KP 4CPFHGJNGT XQT\ÒINKEJ

1806

1805

5EJTCWDVCNGT *CNN 1JPG +PJCNV &CX \W / 6 \W 8QINJ \W ++ 5GJT UEJÌP 4GKEJUVCNGT $TGUNCW &CX ( W 5 8QINJ 8+ 4 (CUV XQT\ÒINKEJ

1808

1807

4GKEJUVCNGT *CNN &CX / 6 8QINJ 8 *ÒDUEJG 2CVKPC YKP\ 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJ

4GKEJUVCNGT *CNN &CX / 6 8QINJ 8

1810 1809

(GKPG 2CVKPC XQT\ÒINKEJ

1811

4GKEJUVCNGT *CNN / 6 *ÒDUEJG 2CVKPC XQT\ÒINKEJ /CTKC 6JGTGUKC 6CNGT *CNN '[RGNVCWGT / 6 5GJT UEJÌP -TGW\GT )TQUEJGP 9KGP '[RGNVCWGT 5GJT UEJÌPpXQT\ÒINKEJ

113

1814

1812

1813

&GPCT WPDGMCPPVG /ÒP\UV·VVG '[RGNVCWGT -TGW\GT 9KGP '[RGNVCWGT -TGW\GT *CNN '[RGNVCWGT / 6 XCT

1815

1816

4 2TCEJVGZGORNCT 5VGORGNINCP\ 5GJT UEJÌP 8QT\ÒINKEJp5VGORGNINCP\

1818 Sn

1819

1817

-TGW\GT *CNN '[RGNVCWGT C / 6 XCT -TGW\GT *CNN '[RGNVCWGT \W C / 6 -TGW\GT 9KGP '[RGNVCWGT

(CUV 5VGORGNINCP\ 4 (CUV 5VGORGNINCP\ 8QT\ÒINKEJ

<KPPMTGW\GT 'IGT 0QVRT·IWPI '[RGNVCWGT 5NI &KGVKMGT 8QP ITQGT 5GNVGPJGKV 5GJT UEJÌP

&GPCT WPDGMCPPVG /ÒP\UV·VVG '[RGNVCWGT

5GJT UEJÌP

1820

1821

1822

-TGW\GT 9KGP '[RGNVCWGT -TGW\GT -$ -TGOPKV\ '[RGNVCWGT C

-TGW\GT 2TCI /ÒP\OGKUVGT (GTFKPCPF 5EJCTHH &KGVKMGT '[RGNVCWGT *CNCEMC 9KP\ 5EJTÌVNKPIUHGJNGT HCUV XQT\ÒINKEJ

1823

114

8QT\ÒINKEJp5VGORGNINCP\ (CUV XQT\ÒINKEJ

1825

-TGW\GT )TQUEJGP *CNN '[RGNVCWGT / 6 -TGW\GT )TQUEJGP *CNN '[RGNVCWGT C / 6 XCT -TGW\GT *CNN '[RGNVCWGT C / 6 XCT

1824

(CUV XQT\ÒINKEJ 8QT\ÒINKEJ 8QT\ÒINKEJp5VGORGNINCP\

1826

1828

1827

-TGW\GT *CNN '[RGNVCWGT C / 6 -TGW\GT )TQUEJGP 9KGP '[RGNVCWGT -TGW\GT *CNN '[RGNVCWGT / 6 'KPUGKVKIGT -TGW\GT 9KGP '[RGNVCWGT

4 /KP LWUVKGTV XQT\ÒINKEJ 5GJT UEJÌP XQT\ÒINKEJ (CUV 5VGORGNINCP\ 2TCEJVGZGORNCT 5VGORGNINCP\

1831

1830

-TGW\GT -$ -TGOPKV\ '[RGNVCWGT -TGW\GT )TQUEJGP 9KGP '[RGNVCWGT 'KPUGKVKIGT -TGW\GT )TC\ '[RGNVCWGT

1833

1829

1834

1832

2TCEJVGZGORNCT 8QT\ÒINKEJp5VGORGNINCP\ 5GJT UEJÌP XQT\ÒINKEJ 8QT\ÒINKEJ

1836

1835

1837

-TGW\GT 9KGP '[RGNVCWGT 8QT\ÒINKEJ -TGW\GT )TQUEJGP *CNN '[RGNVCWGT / 6 5GJT UEJÌP &WMCVQP #PVYGTRGP '[RGNVCWGT ,WUVKGTURWTGP CWH FGT 4ÒEMUGKVG XQT\ÒINKEJ 5QNU .KCTFU #PVYGTRGP '[RGNVCWGT -N 2T·IGUEJY·EJG XQT\ÒINKEJ 'UECNKP $TÒIIG '[RGNVCWGT 5GNVGP KP FKGUGT 'TJCNVWPI 8QT\ÒINKEJp5VGORGNINCP\

1839 1840 1838

-TGW\GT 0$ 0CI[D±P[C '[RGNVCWGT

5GJT UEJÌP

-TGW\GT *CNN '[RGNVCWGT / 6 5GNVGP KP FKGUGT 'TJCNVWPI 8QT\ÒINKEJp5VGORGNINCP\

2QNVWTC *# *CNN '[RGNVCWGT C XCT / 6

5GJT UEJÌP

115

1843

1842

1841

'UECNKPU $TÒIIG '[RGNVCWGT

2TCEJVGZGORNCT 8QT\ÒINKEJp5VGORGNINCP\

5KNDGTCDUEJNCI XQP FGP 5VGORGNP FGU &WMCVGP Q , 9KGP /ÒP\DGUWEJUITQUEJGP IGRT·IV CWH FKG 'KPYGKJWPI FGT 9KGPGT /ÒP\G Y·JTGPF FGT #PYGUGPJGKV FGU -CKUGTRCCTGU KO PGWGP /ÒP\JCWU '[RGNVCWGT 4 5GJT UEJÌP

-TGW\GT *CNN '[RGNVCWGT / 6

8QT\ÒINKEJ

1845

1844

$TQP\GOGFCKNNG Q , XQP / &QPPGT 2T·OKG HÒT FKG /ÒP\RT·IGMWPUV $TWUVDKNF T 5EJOGN\ QHGP WPF /ÒP\RTGUUG OO /ÒUGNGT 5NI /QPVGPWQXQ FQTV KP 5KNDGT 9KP\ -TCV\GT XQT\ÒINKEJ

-TGW\GT 9KGP '[RGNVCWGT C

1847

'VYCU LWUVKGTV XQT\ÒINKEJ

1847

1846

-QPX 6CNGT -CTNUDWTI '[RGNVCWGT -TGW\GT *CNN '[RGNVCWGT / 6

44 8QT\ÒINKEJ (CUV 5VGORGNINCP\

1849 1848

116

1848

-QPX 6CNGT 2TCI #WUDGWVG FGT ,QCEJKOUVCNGT )TWDGP /ÒP\OGKUVGT 2CWN 'TFOCPP XQP 5EJYKPIGTUEJWJ &CX &KGVKMGT '[RGNVCWGT *CNCEMC /ÒUGNGT .GKEJV LWUVKGTV XQT\ÒINKEJ -TGW\GT 0$ 0CI[D±P[C '[RGNVCWGT

5GJT UEJÌP

1850

1851

1852

-TGW\GT )TQUEJGP *CNN '[RGNVCWGT C / 6 -TGW\GT )TQUEJGP -$ -TGOPKV\ '[RGNVCWGT -TGW\GT 9KGP '[RGNVCWGT -TGW\GT 9KGP '[RGNVCWGT C

(CUV XQT\ÒINKEJ 8QT\ÒINKEJp5VGORGNINCP\ 5GJT UEJÌP 5GJT UEJÌP

1856

1855

1854

-TGW\GT -CTNUDWTI '[RGNVCWGT -TGW\GT ) )ÒP\DWTI '[RGNVCWGT

4 5GJT UEJÌP 4 5GJT UEJÌPpXQT\ÒINKEJ

-TGW\GT )TQUEJGP *CNN '[RGNVCWGT C / 6 XCT 9KP\ 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJp5VGORGNINCP\

1857

5KNDGTPG 2T·OKGPOGFCKNNG XQP # 9KFGOCPP HÒT FGP #EMGTDCW $TWUVDKNF T 9QNMGP ÒDGT .CPFUEJCHV N GKP 2HNWI T 2QUVCOGPV OKV CWHIGUEJNCIGPGO $WEJ FCTCWH 'WNG OO I 5NI /QPVGPWQXQ 9KP\ 4CPFHGJNGT XQT\ÒINKEJ

1859 1858

-QPX 6CNGT 5% ) )ÒP\DWTI &CX #PO '[RGNVCWGT -TGW\GT -CTNUDWTI '[RGNVCWGT C

1858

(CUV XQT\ÒINKEJ 44 (CUV XQT\ÒINKEJ

117

1861

1860

-TGW\GT -CTNUDWTI '[RGNVCWGT C -TGW\GT -CTNUDWTI '[RGNVCWGT -TGW\GT 9KGP '[RGNVCWGT -TGW\GT )TQUEJGP 9KGP '[RGNVCWGT

4 5GJT UEJÌP 44 8QT\ÒINKEJ 4 5GJT UEJÌP 8QT\ÒINKEJ

1864 Æ

1865

1863

1862

1865

$TQP\GOGFCKNNG XQP # 9KFGOCPP CWH FKG 'TPGPPWPI FGT 'T\JGT\QIKP /CTKC #PPC \WT DVKU UKP FGU 2TCIGT &COGPUVKHVGU $TWUVDKNF FGT 'T\JGT\QIKP T #PUKEJV FGU 5VKHVGU OO 5NI /QP VGPWQXQ FQTV KP 5KNDGT 8QT\ÒINKEJ

-TGW\GT - '8/ & -TGOPKV\ '[RGNVCWGT

'VYCU LWUVKGTV HCUV UGJT UEJÌP

1866 1867

5QNFK /CKNCPF %TKRRC # '[RGNVCWGT -QPX 6CNGT 5% )ÒP\DWTI &CX '[RGNVCWGT

1868

118

-QPX 6CNGT 5% )ÒP\DWTI '[RGNVCWGT .KTC /CKNCPF %TKRRC $ '[RGNVCWGT

1867

4 5GJT UEJÌP 5GJT UEJÌP XQT\ÒINKEJ

1869

4 5GJT UEJÌP 4 /KP LWUVKGTV UGJT UEJÌPpXQT\ÒINKEJ

1872

1871

6CNGT )ÒP\DWTI <GKV (GTFKPCPF + 8GPGFKI! &WECVQPG &C\W YGKVGTG -NGKPOÒP\GP FGU WPF ,CJTJWPFGTVU &KG 5VÒEMG UKPF \WO 6GKN DGUVKOOV WPF OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP 5VÒEM 5GJT UEJÌPpXQT\ÒINKEJ

-QPX 6CNGT $ 5- 2& -TGOPKV\ &CX '[RGNVCWGT -QPX 6CNGT 65 +( )ÒP\DWTI &CX '[RGNVCWGT

8QT\ÒINKEJ 4 5GJT UEJÌP

1873

1874

1875

5QNFK /CKNCPF %TKRRC & '[RGNVCWGT 5GJT UGNVGP KP FKGUGT 'TJCNVWPI 9KP\ ,WUVKGTURWTGP XQT\ÒINKEJ

-TGW\GT $ 5- 2& -TGOPKV\ '[RGNVCWGT

-TGW\GT 'X5 +- 2TCI /ÒP\OGKUVGT 2CWN 'TFOCPP XQP 5EJYKPIGTUEJWJ &KGVKMGT '[RGNVCWGT C *CNCEMC 9KP\ ,WUVKGTURWTGP XQT\ÒINKEJ

1876

1877

/KP LWUVKGTV XQT\ÒINKEJ

1878

(TCP\ + 4GKEJUVCNGT -$ -TGOPKV\ &CX *GTKPGM 5GJT UEJÌP XQT\ÒINKEJ -TGW\GT -$ -TGOPKV\ *GTKPGM 5GJT UEJÌP -TGW\GT )4 )TC\ *GTKPGM 4 5GJT UEJÌP -QPX 6CNGT *# *CNN &CX / 6 8QT\ÒINKEJ

1879

119

1881

1882

1880

-TGW\GT 0$ 0CI[D±P[C *GTKPGM -TGW\GT )TQUEJGP )TC\ *GTKPGM -TGW\GT -$ -TGOPKV\ *GTKPGM

5GJT UEJÌP 2TCEJVGZGORNCT 5VGORGNINCP\ /KP -TCV\GT HCUV XQT\ÒINKEJ

1884

1883

-TGW\GT ,CJTGU\CJN KO 5VGORGN CWU IG·PFGTV *# *CNN *GTKPGM / 6 XCT 4 8QT\ÒINKEJp5VGORGNINCP\

-QPX 6CNGT *# *CNN &CX / 6

(GKPG 2CVKPC UGJT UEJÌP XQT\ÒINKEJ

1887

1886 1885

4GKEJUVCNGT ,CJTGU\CJN KO 5VGORGN CWU IG·PFGTV *# *CNN / 6 (GKPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

-TGW\GT )4 )TC\ *GTKPGM -TGW\GT -$ -TGOPKV\ *GTKPGM

8QT\ÒINKEJ 8QT\ÒINKEJ

1889 1891

1888 1890

120

-TGW\GT -$ -TGOPKV\ *GTKPGM -TGW\GT )TQUEJGP *# *CNN *GTKPGM / 6 XCT -TGW\GT -$ -TGOPKV\ *GTKPGM -TGW\GT *# *CNN *GTKPGM / 6 XCT

(CUV XQT\ÒINKEJ 8QT\ÒINKEJp5VGORGNINCP\ (CUV 5VGORGNINCP\ 5GJT UEJÌPpXQT\ÒINKEJ

1892

1893

1894

1895

1896

-TGW\GT *# *CNN *GTKPGM / 6 -TGW\GT )TQUEJGP *# *CNN *GTKPGM XCT / 6 -TGW\GT 0$ 0CI[D±P[C *GTKPGM -TGW\GT *# *CNN *GTKPGM / 6 XCT

8QT\ÒINKEJp5VGORGNINCP\ 2TCEJVGZGORNCT 5VGORGNINCP\ 8QT\ÒINKEJ 8QT\ÒINKEJp5VGORGNINCP\

-TGW\GT 24 2TCI /ÒP\OGKUVGT 2CXGN 'TFOCPP &KGVKMGT *CNCEMC *GTKPGM 9KP\ 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJ

1897

-TGW\GT 0$ 0CI[D±P[C 2QUVJWOG 2T·IWPI XQP *GTKPGM -TGW\GT -$ -TGOPKV\ *GTKPGM

1899 Æ

1898

5GJT UEJÌP (CUV 5VGORGNINCP\

1901

1900

,QUGH ++ $TQP\GOGFCKNNG XQP # 9KFGOCPP CWH UGKPG \YGKVG 8GTO·JNWPI OKV ,QUGRJC XQP $C[GTP $TWUVDKNFGT FGU $TCWVRCCTGU PGDGPGKPCPFGT T #WUVTKC WPF *[OGP OKV (CEMGN WPF .QTDGGT MTCP\ UVGJGP PGDGP 5·WNGPUEJCHV CP FGO FKG 9CRRGPUEJKNFG XQP ¤UVGTTGKEJ WPF $C[GTP NGJPGP OO 5NI /QPVGPWQXQ \W FQTV KP 5KNDGT 9KVV \W FQTV KP 5KNDGT 8QT\ÒINKEJ

-QPX 6CNGT # 9KGP &CX *GTKPGM

8QT\ÒINKEJ

-QPX 6CNGT ( C U *CNN &CX *GTKPGM / 6 2TCEJVGZGORNCT 8QT\ÒINKEJp5VGORGNINCP\ 5VGORGNINCP\

121

1903

-QPX 6CNGT ( # 5 *CNN &CX *GTKPGM / 6 -TGW\GT )TQUEJGP # % - 9KGP *GTKPGM

-QPX 6CNGT * 5 % )ÒP\DWTI &CX *GTKPGM -TGW\GT # +% 5- 9KGP *GTKPGM

1906

122

5GJT UEJÌPpXQT\ÒINKEJ 5VGORGNINCP\

1904

1905

1903

1902

1907

1908

1905

44 5GJT UEJÌP (CUV XQT\ÒINKEJ

1909

-TGW\GT # +% 5- 9KGP *GTKPGM /KP LWUVKGTV XQT\ÒINKEJp5VGORGNINCP\ -TGW\GT # % - 9KGP *GTKPGM 8QT\ÒINKEJp5VGORGNINCP\ -QPX 6CNGT ( # 5 *CNN &CX *GTKPGM / 6 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ -TGW\GT # +% (# 9KGP *GTKPGM 8QT\ÒINKEJp5VGORGNINCP\ -TGW\GT )TQUEJGP # 9KGP *GTKPGM 5GJT UEJÌP

1910

1911

1912

-QPX 6CNGT $ -TGOPKV\ &CX , -TQPGPVCNGT $TÒUUGN , C

1913

.KTC .$ /CKNCPF %TKRRC ' *GTKPGM -TGW\GT )TQUEJGP # 9KGP *GTKPGM -TGW\GT $ -TGOPKV\ *GTKPGM

4 (CUV UGJT UEJÌP 8QT\ÒINKEJ 8QT\ÒINKEJp5VGORGNINCP\

1918

-TGW\GT # 9KGP *GTKPGM 8QT\ÒINKEJ -TQPGPVCNGT / /CKNCPF &CX , -TCV\GT CWH FGT 8QTFGTUGKVG XQT\ÒINKEJ $GNIKUEJGT #WHUVCPF .KQP F #TIGPV $TÒUUGN &CX , (CUV XQT\ÒINKEJ

(NQTKP $TÒUUGN , 5QNU (NQTKP $TÒUUGN ,

1914

1916

1919

/KP LWUVKGTV XQT\ÒINKEJ 4 *GPMGNURWT UEJÌPpUGJT UEJÌP

1915

1917

1912

1920

8QT\ÒINKEJ 8QT\ÒINKEJ

123

1921

1922

.GQRQNF ++ -QPX 6CNGT # 9KGP HÒT 7PICTP -ÌPKIUVCNGT &CX , 44 5GJT UEJÌP

(TCP\ ++ -TQPGPVCNGT ( *CNN &CX ,

1923

5GJT UEJÌPpXQT\ÒINKEJ

1924

1923

-#+5'44'+%* ¤56'44'+%*

#WHUVCPF IGIGP 0CRQNGQP + WPVGT #PFTGCU *QHGT -TGW\GT *CNN +P FGP #FNGTHNÒIGNP -NGG DNCVV OKV 5VGPIGNP GTJCDGP KP FGT 7OUEJTKHV )'(ª456'6' *GTKPGM XCT , C / 6 XCT (GKPG 2CVKPC XQT\ÒINKEJp5VGORGNINCP\

(TCP\ ,QUGH + &QRRGNVGT 8GTGKPUVCNGT # 9KGP &CX , -CJPV 6JWP (GKPG 2CVKPC XQT\ÒINKEJ

1925 Al

1927

2TQDG \W GKPGO )WNFGP #NWOKPKWO I 1JPG /ÒP\DWEJUVCDG WPF 4CPFKPUEJTKHV , 44 5VGORGNINCP\

.QV 6CNGT CWH FCU $WPFGUUEJKGGP KP 9KGP &QRRGNIWNFGP *QEJ\GKV &QRRGNIWNFGP 5KNDGTJQEJ\GKV )WNFGP *QEJ\GKV &C\W YGKVGTG WPF -TGW\GTUVÒEMG &KG 5VÒEMG UKPF \WO 6GKN DGUVKOOV WPF OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP 5VÒEM 5GJT UEJÌPpHCUV 5VGORGNINCP\

&+' )'+56.+%*-'+6 +0 &'0 *#$5$74)+5%*'0 '4$.#0&'0 )¤669'+) #$6'+

124

)QVVHTKGF $GUUGN 5KNDGTOGFCKNNG WPUKIPKGTV XQP $GEMGT CWH FKG 9KGFGTJGTUVGNNWPI FGU 5VKHVU PCEJ FGO $TCPF $TWUVDKNF T KP IGKUVNKEJGO )GYCPF #PUKEJV FGT PGWGP 5VKHVUIGD·WFG OO I 5NI *QTUM[ -T·HVKIG 2CVKPC HCUV XQT\ÒINKEJ

1928 1929

1929

.#/$#%* #$6'+

2NCEKFWU *KGDGT 5KNDGTOGFCKNNG WPUKIPKGTV CWH FGP 0GWDCW FGT -KTEJG #PUKEJV FGT -KTEJG FCTÒDGT FTGK MNGKPG 9CRRGP #EJV <GKNGP 5EJTKHV OO I 5NI *QTUM[ 5NI 7PIGT 44 8QT\ÒINKEJGU 'ZGORNCT OKV UEJÌPGT 6ÌPWPI

1./ª6< $+567/

-CTN +++ XQP .QVJTKPIGP 4GKEJUVCNGT &CX 5WEJQOGN 8KFGOCP 5GJT UEJÌPpXQT\ÒINKEJ

1931

1930

.GQRQNF ++ XQP 'IMJ WPF *WPIGTUDCEJ 5KNDGTOGFCKNNG WPUKIPKGTV CWH UGKPG +PVJTQPKUCVKQP KO ,CJTG 5VCFVCPUKEJV XQP 1NOÒV\ OKV (GUVWPIUYGTMGP FCJKPVGT FGT JGKNKIG $GTI \W FGUUGP -KTEJG GKP DTGKVGT 9GI HÒJTV KO 8QTFGTITWPF T GKPG MPKGPGFG YGKDNKEJG )GUVCNV FKG OKV FGT 4GEJVGP GKPG 1RHGTUEJCNG GORQTJ·NV XQT KJT UVGJV FGT O·JTKUEJG #FNGT OKV #PMGT JKPVGT KJT UVGJV GKPG O·PPNKEJG )GUVCNV OKV -TWOOUVCD WPF /KVTC QDGP UVTCJNGPFGU &TGKGEM KP 9QNMGP +O #DUEJPKVV FCU 9CRRGP FGU $KUVWOU OKV /KVTC WPF FCU (COKNKGPYCRRGP OKV -TQPG CPGKPCPFGTIGNGJPV FCTÒDGT .GICVGP JWV \W FGUUGP 5GKVGP FKG ,CJTGU\CJN <GKNGP 5EJTKHV FKG NGV\VG GPVJ·NV FCU ,CJT OO I .KEJP / 5WEJQOGN 8KFGOCP 5 *GTTNKEJG 2CVKPC XQT\ÒINKEJ

5#.<$74) '4<$+567/

9QNH &KGVTKEJ XQP 4CKVGPCW -NKRRGPHÌTOKIGT 4GEJGPRHGPPKI Q , 4 5GJT UEJÌPpXQT\ÒINKEJ

1932

1933

2CTKU XQP .QFTQP 4GKEJUVCNGT &CX 2TQDU\V 9KP\ <CKPGPFG UGJT UEJÌPpXQT\ÒINKEJ

)WKFQDCNF XQP 6JWP WPF *QJGPUVGKP 6CNGTMNKRRG 2TQDU\V -N &TWEMUVGNNG KO 4CPFDGTGKEJ UGJT UEJÌP

125

1934

1935

1936

,QJCPP 'TPUV XQP 6JWP WPF *QJGPUVGKP 4GKEJUVCNGT &CX 2TQDU\V 2TCEJVGZGORNCT (CUV 5VGORGNINCP\

&+' ¤56'44'+%*+5%*'0 56#0&'5*'44'0 #7'452'4) (ª456'067/

*GKPTKEJ -QPX 6CNGT 9KGP &CX *QN\OCKT 44 0WT 'ZGORNCTG IGRT·IV 5EJÌPpUGJT UEJÌP

-QPX 6CNGT 9KGP &CX *QN\OCKT

(GKPG 2CVKPC XQT\ÒINKEJ

1938

1937

$#46'056'+0

%JTKUVKCP Ó 5KNDGTPG 2TGKUOGFCKNNG WPUKIPKGTV XQP , $ % /CTSWCTV FGT 7PKXGTUKV·V .ÌYGP HÒT 2JKNQUQRJKG )GMTÌPVGU 9CRRGP \YKUEJGP <YGKIGP 5GEJU <GKNGP 5EJTKHV KO #DUEJPKVV FKG TÌOKUEJG ,CJTGU\CJN OO I 5NI *QTUM[ 5NI ,WNKWU 5NI 7PIGT 4 5GJT UEJÌPpXQT\ÒINKEJ

%JTKUVKCP (TGKJGTT XQP $CTVGPUVGKP IGDQTGP KP .ÌYGP UVWFKGTVG 2JKNQUQRJKG VTCV KP MCKUGTNKEJG &KGPUVG YWTFG (KPCP\TCV FCPP *QHTCV WPF -QOOCPFGWT FGU 5VGRJCPUQTFGPU .CWV 5NI *QTUM[ JCPFGNV GU UKEJ YQJN WO GKPGP 'PMGN FGU DGTÒJOVGP IGUVQTDGPGP 5VCCVUOCPPGU ,QJCPP %JTKUVKCP XQP $CTVGPUVGKP

126

$#66*;#0+ (ª456'0

.WFYKI -QPX 6CNGT 9KGP &CX *QN\OCKT

5GJT UEJÌP

1939

1941

1940

'))'0$'4) (ª456'0

,QJCPP %JTKUVQRJ WPF ,QJCPP 5G[HTKGF 4GKEJUVCNGT -TWOOCW &QPGD 4 (GKPG 2CVKPC UGJT UEJÌP

'56'4*#<;

0KMQNCWU )TCH 'UVGTJC\[ XQP )CNCPVJC -QPX 6CNGT 9KGP &CX *QN\OCKT 44 0WT 'ZGORNCTG IGRT·IV 5GJT UEJÌP

-*'8'0*ª..'4 /'65%*

,QJCPP ,QUGH -QPX 6CNGT 9KGP &CX *QN\OCKT 44 0WT 'ZGORNCTG IGRT·IV 9KP\ 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJ

ex 1944 Æ

1943 1942

5+'$'0$ª4)'0 (ª456'0

,QJCPP ++ 5KIKUOWPF 'KPUGKVKIGT 0QVVCNGT &CX 4GUEJ 5GJT UEJÌPpXQT\ÒINKEJ

)GQTI 4CMQE\K ++ 4GKEJUVCNGT 0$ 0CI[D±P[C &CX 4GUEJ (GNFGT NGKEJV RQNKGTV UGJT UEJÌPpXQT\ÒINKEJ

.+0<

56 &6' +0 &'0 *#$5$74)+5%*'0 '4$.#0&'0

9GTVOCTMG KO 9GTV XQP -TGW\GT WPF -TGW\GT Q , &C\W (GTFKPCPF + 4GEJGPRHGPPKI .KP\ #NNG 5VÒEMG UKPF OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP 5VÒEM 44 5EJÌPpUGJT UEJÌP

&KXGTUG /GFCKNNGP CWU 5KNDGT WPF WPGFNGP /GVCNNGP OKV $G\WI CWH FKG 5VCFV 9KGP OGKUV FGU WPF ,CJTJWPFGTVU &C\W GKPKIG -W /CTMGP FGU #TOGPJCWUGU FGT 5VCFV 9KGP ,CJTJWPFGTV \W WPF -TGW\GT &KG 5VÒEMG UKPF \WO 6GKN DGUVKOOV WPF OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP 5VÒEM +O 1TKIKPCNGVWK Z OGKUV UGJT UEJÌP

9+'0

127

ex 1946

1947

-W 4GEJGPRHGPPKI Z $GKFG 5VÒEMG UKPF OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP 5VÒEM 44 5GJT UEJÌP

5KNDGTPG QXCNG #WUUVGNNWPIURT·OKGPOGFCKNNG XQP * ,CWPGT FGT .CPF WPF (QTUVYKTVUEJCHVNK EJGP )GUGNNUEJCHV 9KGP 9GKDNKEJG )GUVCNV OKV .QTDGGTMTCP\ KP FGT GTJQDGPGP 4GEJVGP WPF OKV (ÒNN JQTP KO NKPMGP #TO UVGJV X X KJT \W (ÒGP UKV\GP \YGK )GPKGP OKV NCPFYKTVUEJCHVNKEJGP #VVTKDW VGP <YGK )GPKGP OKV (ÒNNJÌTPGTP JCNVGP GKPGP 9CRRGPUEJKNF FCTKP IGMTÌPVGT &QRRGNCFNGT WOJGT 1TFGPUMGVVG QDGP -TQPG OO I 5NI *QTUM[ 8QT\ÒINKEJ

.+6'4#674 *#$5$74)

-QPXQNWV XQP $ÒEJGTP \WT ÌUVGTTGKEJKUEJGP 0WOKUOCVKM FCDGK /QUGT * 6WTUM[ * &KG /ÒP\UV·VVG *CNN KP 6KTQN $·PFG +PPUDTWEM WPF +PUIGUCOV 5 OKV #DD &KG /ÒP\GP -CKUGT 4WFQNHU ++ CWU FGT /ÒP\UV·VVG *CNN KP 6KTQN %QTRWU 0WOOQTWO 6KTQ NGPUKWO +PPUDTWEM 5 OKV #DD 2TQDU\V ) &KG /ÒP\GP 5CN\DWTIU $³NG )TC\ 5 6HP $GKIGNGIV GKPKIG YGKVGTG 9GTMG \WT ÌUVGTTGKEJKUEJGP 0WOKUOCVKM W C ,CGEMGN 2 &KG /ÒP\RT·IWPIGP FGU *CWUGU *CDUDWTI WPF FGT $WPFGUTGRWDNKM ¤UVGTTGKEJ 6KTQNGT .CPFGUOWUGWO (GTFKPCPF *I &GT 6KTQNGT 6CNGT &C\W 'KPKIG 9GTMG \WT )TKGEJKUEJGP 4ÌOKUEJGP +PFKUEJGP WPF CNNIGOGKPGP 0WOKUOCVKM 'TUVG *CWRVYGTMG KP )CP\NGKPGP IGDWPFGP 'KPKIG 9GTMG VGKNYGKUG IGDTCWEJV

.165 *#$5$74)

128

4ÌOKUEJ &GWVUEJGU 4GKEJ &KXGTUG /GFCKNNGP CWU 5KNDGT WPF WPGFNGP /GVCNNGP FGU WPF ,CJT JWPFGTVU FCTWPVGT FKXGTUG 5VÒEMG KP 1TKIKPCNGVWKU *QEJKPVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5GJT UEJÌPpXQT\ÒINKEJ

&KXGTUG /GFCKNNGP CWU WPGFNGP /GVCNNGP FGU WPF ,CJTJWPFGTVU FCTWPVGT KPVGTGUUCPVG 5VÒEMG OKV \WO 6GKN JÒDUEJGP 'TJCNVWPIGP *QEJKPVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5GJT UEJÌPpHCUV 5VGORGNINCP\

&KXGTUG /ÒP\GP FGU WPF ,CJTJWPFGTVU XQO -W -TGW\GT DKU \WO 6CNGT &C\W GKPKIG /GFCKNNGP WPF ,GVQPU &KG 5VÒEMG UKPF \WO 6GKN OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5EJÌPpHCUV 5VGORGNINCP\

&KXGTUG /GFCKNNGP CWU WPGFNGP /GVCNNGP FGU ,CJTJWPFGTVU CWH XGTUEJKGFGPG #PN·UUG OGKUV OKV 2QTVT·VU XQP /CTKC 6JGTGUKC ,QUGRJ ++ WPF .GQRQNF ++ &C\W 0ÒTPDGTI 5KNDGTOGFCKNNG CWH FGP 4GNKIKQPUHTKGFGP &KG 5VÒEMG UKPF \WO 6GKN OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5GJT UEJÌP WPF DGUUGT

&KXGTUG /ÒP\GP FGU DKU ,CJTJWPFGTVU XQO -TGW\GT DKU \WO -TGW\GT &C\W GKPKIG 4GEJGP RHGPPKIG WPF ,GVQPU #NNG 5VÒEMG UKPF OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP 5VÒEM 5EJÌPpUGJT UEJÌP

#JTGP -W /CTMG \W WPF -TGW\GTP <KTN #TEJGP /CTMG \W )WNFGP -TGW\GT WPF -TGW\GT &KG 5VÒEMG UKPF \WO 6GKN DGUVKOOV WPF OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP 5VÒEM /GKUV UGJT UEJÌP

&KXGTUG -NGKPOÒP\GP FGU DKU ,CJTJWPFGTVU XQO -TGW\GT DKU \WO -TGW\GT *QEJKPVGTGU UCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM /GKUV UGJT UEJÌP WPF DGUUGT

&'765%*' /ª0<'0 70& /'&#+..'0

1956

1957

#0*#.6 #0*#.6 <'4$56 (ª456'067/

,QJCPP .WFYKI WPF %JTKUVKCP #WIWUV 6CNGT CWH KJTGP 4GIKGTWPIUCPVTKVV &CX /CPP 2TCEJVGZGORNCT .GKEJV RQTÌUGT 5EJTÌVNKPI HCUV 5VGORGNINCP\

#0*#.6 $'40$74) (ª456'067/ 5'+6 *'4<1)67/

(TKGFTKEJ #NDTGEJV -QPX 6CNGT 5KNDGTJÒVVG &CX /CPP C -N 5EJTÌVNKPIUHGJNGT UGJT UEJÌPpXQT\ÒINKEJ .QV #PJCNV $GTPDWTI #NGZCPFGT %CTN 6CNGT #WUDGWVG #WUDGWVG 8GTGKPU VCNGT #PJCNV &GUUCW .GQRQNF (TKGFTKEJ 8GTGKPUVCNGT 6JWP 5VÒEM 5GJT UEJÌP WPF DGUUGT

1959 1960

56#&6

#009'+.'4

'KPUGKVKIGT 2HGPPKI WO I <KPPGPVWTO ÒDGT $WTIOCWGT OKV 6QT N -TGW\ TGEJVGU <GKEJGP PKEJV GTMGPPDCT QDGP 4KPIGN $GTIGT 5NI $QPJQHH 5EJGTGT 8QP ITQGT 5GNVGPJGKV 2T·IGUEJY·EJG UGJT UEJÌP

56#&6

1960

#7)5$74)

4GKEJUVCNGT OKV 6KVGN (GTFKPCPFU +++ &CX # (QTUVGT

5GJT UEJÌPpXQT\ÒINKEJ

1961

5KNDGTPG IGVTKGDGPG *QJNIWOGFCKNNG Q , CWH FGP 6QF XQP 2CWN ,GJPKUEJ Ó $TWUV DKNF JCNDT OKV ITQGT *CNUMTCWUG )TCXWT #EJV <GKNGP 5EJTKHV \YKUEJGP 8GT\KGTWPIGP OO I )GNQEJV UGJT UEJÌPG #TDGKV

129

1962

5KNDGTPG QXCNG 4CVUOGFCKNNG WPUKIPKGTV <YGK )GPKGP OKV 2CNO\YGKI WPF -TCP\ JCNVGP 5VCFVR[T ÒDGT 5VCFVCPUKEJV FCTWPVGT HÒPH <GKNGP 5EJTKHV \YKUEJGP FGP 9CRRGP FGT 5VCFVRHNGIGT 5VGVVGP WPF .CPIGPOCPVGN +P GKPGO 2CNOGPMTCP\ FKG 9CRRGP FGT HÒPH )GJGKOGP 7JNUVCVV #OOCP 4GJO (G UGPOGKGT WPF 4GJNKPIGT FCPP FGT XKGT $CWOGKUVGT +OJQH 5VGVVGP +OJQH WPF *COCPP Z OO I (QTUVGT (GKPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

1964

1963

1965

-NKRRGPHÌTOKIG 5KNDGTOGFCKNNG XQP ) ( 0ÒTPDGTIGT CWH FCU -KPFGTHTKGFGPUHGUV 'KPG OKV GTJQDGPGP *·PFGP DGVGPFG (COKNKG WPFGT FGO UVTCJNGPFGP <GKEJGP FGT &TGKGKPKIMGKV 5GEJU <GKNGP 5EJTKHV WPVGT 8GT\KGTWPI Z OO I (QTUVGT 8QT\ÒINKEJ

&KG 4ÒEMUGKVGPKPUEJTKHV GPVJ·NV FKG ,CJTGU\CJN CNU %JTQPQITCOO

4GKEJUVCNGT OKV 6KVGN -CTNU 8++ &CX (QTUVGT 4GKEJUVCNGT OKV 6KVGN XQP (TCP\ + &CX (QTUVGT

1966

130

-N *GPMGNURWT UGJT UEJÌP /KV *GPMGN UEJÌPpUGJT UEJÌP

1967

4GKEJUVCNGT OKV 6KVGN XQP (TCP\ + (QTUVGT 4 2TCEJVGZGORNCT 8QT\ÒINKEJp5VGORGNINCP\ 4GKEJUVCNGT OKV 6KVGN XQP (TCP\ + (QTUVGT 4 2TCEJVGZGORNCT 8QT\ÒINKEJp5VGORGNINCP\

1969

1968

1970

$#&'0 $#&'0 &74.#%* /#4-)4#(5%*#(6 5'+6 -74(ª456'067/ 5'+6 )4155*'4<1)67/

-CTN (TKGFTKEJ -QPX 6CNGT &WTNCEJ &CX 9KGNCPFV E 5GNVGP KP FKGUGT 'TJCNVWPI ,WUVKGTV XQT\ÒINKEJp5VGORGNINCP\

-CTN .WFYKI (TKGFTKEJ -TQPGPVCNGT #-5 &CX -CJPV 6JWP 5GJT UEJÌP

-CTN .GQRQNF (TKGFTKEJ -TQPGPVCNGT #-5 &CX -CJPV 6JWP (GKPG 2CVKPC XQT\ÒINKEJp5VGORGNINCP\

1972

1971

1973

&QRRGNIWNFGP #-5 &CX -CJPV 6JWP 2TCEJVGZGORNCT (GKPG 2CVKPC HCUV 5VGORGNINCP\

)WNFGP #WUDGWVG #-5 ,

(TKGFTKEJ + )WNFGP $CFKUEJGU .CPFGUUEJKGGP KP -CTNUTWJG #-5 , 8QT\ÒINKEJ

8QT\ÒINKEJ

131

1975

1974

$+567/

$#/$'4)

5GFKUXCMCP\ 5KNDGTOGFCKNNG XQP 2 2 9GTPGT )GMTÌPVGT &QRRGNCFNGT OKV 5EJYGTV WPF 4GKEJUCRHGN KP FGP (·PIGP CWH FGP CWUIGDTGKVGVGP (NÒIGNP FKG 9CRRGP FGT \GJP ·NVGTGP &QOJGTTGP QDGP 57$ 7/$4# #.#47/ 67#47/ WPVGT FGO 5EJCVVGP FGKPGT (NÒIGN WPVGP 5RTWEJDCPF #WH GKPGO R[TCOKFGPHÌTOKIGP 2QUVCOGPV OKV 5VKHVUYCRRGP UKV\V GKP #FNGT N UVGJV -CKUGT *GKPTKEJ ++ WPF J·NV OKV FGT 4GEJVGP GKPGP 6WTO FGT &QOMKTEJG T UKV\V UGKPG )GOCJNKP -CKUGTKP %WPKIWPFC CP FGO 2QUVCOGPV UKPF CO 4CPF FKG 9CRRGP FGT \GJP ÒDTKIGP &QOJGTTGP CPIGDTCEJV OO I *GNNGT <GRGTPKEM 8QT\ÒINKEJ

%JTKUVQRJ (TCP\ XQP $WUGEM -QPX 6CNGT &CX -TWI (GKPG 2CVKPC OKP LWUVKGTV UGJT UEJÌPpXQT\ÒINKEJ XQT\ÒINKEJ

1976

1977

$#;'40 *'4<1)67/ 5'+6 -74(ª456'067/ 5'+6 -¤0+)4'+%*

#NDGTV 8 FGT )TQOÒVKIG )WNFGPVCNGT -TGW\GT /ÒPEJGP OKV 6KVGN /CZK OKNKCPU ++ I 8KGTHGNFKIGU 9CRRGP WOJGT FKG -GVVG FGU 1TFGPU XQO )QNFGPGP 8NKGU QDGP ,CJTGU\CJN )GMTÌPVGT &QRRGNCFNGT OKV 4GKEJUCRHGN WPF 9GTV\CJN CWH FGT $TWUV &CX *CJP (CUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

/CZKOKNKCP + 4GKEJUVCNGT /ÒPEJGP &CX *CJP 9KP\ <CKPGPFG UGJT UEJÌPpXQT\ÒINKEJ

132

1979

1978

4GKEJUVCNGT ,CJTGU\CJN KO 5VGORGN CWU IG·PFGTV /ÒPEJGP &CX *CJP *GTTNKEJG 2CVKPC XQT\ÒINKEJ

/CZKOKNKCP ++ 'OCPWGN 4GKEJUVCNGT /ÒPEJGP *CJP

1980

44 5GJT UEJÌP

1981

-CTN #NDGTV 4GKEJUVCNGT /ÒPEJGP 2T·IWPI CNU -CKUGT -CTN 8++ &CX *CJP 44 /KP LWUVKGTV UGJT UEJÌP

-CTN #NDGTV IGOGKPUEJCHVNKEJ OKV -CTN 2JKNKRR -WTHÒTUV XQP FGT 2HCN\ 4GKEJUVCNGT /CPPJGKO CWH FCU 8KMCTKCV &CX FQTV WPVGT 2HCN\ *CCU *CJP HCNUEJG #DDKN FWPI! -N IGUVQRHVGU .QEJ UEJÌPpUGJT UEJÌP

1982

1983

4GKEJUVCNGT /CPPJGKO CWH FCU 8KMCTKCV *CCU *CJP 5NI /GOOGUJ 8QT\ÒINKEJGU 'ZGORNCT

-CTN 6JGQFQT -QPX 6CNGT /ÒPEJGP &CX *CJP (GKPG 2CVKPC OKP LWUVKGTV XQT\ÒINKEJp5VGORGNINCP\

133

1984

1986

1985

1987

-QPX 6CNGT /CPPJGKO HÒT FKG 4JGKPRHCN\ *CCU *CJP

/CZKOKNKCP + +8 ,QUGRJ -QPX 6CNGT #-5 &CX -CJPV 6JWP ªDGTFWTEJUEJPKVVNKEJ GTJCNVGP (CUV XQT\ÒINKEJ

5GJT UEJÌP

.WFYKI + -QPX 6CNGT 5GIGP FGU *KOOGNU #-5 &CX -CJPV 6JWP 9KP\ 4CPFHGJNGT HCUV XQT\ÒINKEJ

/CZKOKNKCP ++ 8GTGKPUFQRRGNVCNGT 8GTHCUUWPI #-5 C &CX -CJPV 6JWP 8QP RQNKGTVGP 5VGORGNP 8QT\ÒINKEJGU 2TCEJVGZGORNCT OKV HGKPGT 6ÌPWPI

8GTGKPUFQRRGNVCNGT #-5 &CX -CJPV 6JWP &C\W *GUUGP &CTOUVCFV .WFYKI ++ 8GTGKPUFQRRGNVCNGT #-5 &CX -CJPV 6JWP 5VÒEM -N 4CPFHGJNGT GVYCU DGTKGDGP UGJT UEJÌPpXQT\ÒINKEJ

1989 Æ

56+(6 56 4'/+)+75

$14-'0

-W 2T·UGPU\GKEJGP \W 2HGPPKI Q , ,CJTJWPFGTV OKV )GIGPUVGORGN CWH FGT 8QTFGTUGKVG 5GEJUUVTCJNKIGT 5VGTP 8QP ITÌVGT 5GNVGPJGKV 5GJT UEJÌP

1990

1991

$4#0&'0$74) +0 (4#0-'0 $4#0&'0$74) +0 (4#0-'0 /#4-)4#(5%*#(6

134

(TKGFTKEJ 8 5EJKNNKPI Q , /ÒP\XGTGKP OKV $KUEJQH .CODGTV XQP $TWP \W $CODGTI I )GURCNVGPGT 5EJKNF $TWP $CODGTI \YKUEJGP FTGK 4KPIGNP 5EJT·I IGUVGNNVGT <QNNGTPUEJKNF OKV XGT\KGTVGO $TCEMGPMQRH \W FGP 5GKVGP LG GKPG 8GT\KGTWPI X 5EJT XCT 4 2T·IGUEJY·EJG UGJT UEJÌP

5EJKNNKPI Q , /ÒP\XGTGKP OKV $KUEJQH .CODGTV XQP $TWP \W $CODGTI I )GURCNVGPGT 5EJKNF $TWP $CODGTI \YKUEJGP FTGK 4KPIGNP 5EJT·I IGUVGNNVGT <QNNGTPUEJKNF OKV XGT\KGTVGO $TCEMGPMQRH \W FGP 5GKVGP LG GKPG 8GT\KGTWPI WPF LG GKP 4KPIGN X 5EJT XCT 4 5GJT UEJÌP

1992

1993

1994

1995

(TKGFTKEJ 8+ 5EJKNNKPI Q , 9ÒT\DWTI /ÒP\XGTGKP OKV FGP $KUEJÌHGP XQP 9ÒT\DWTI WPF $CODGTI I 1DGP FWTEJ GKPG 5EJNGKHG XGTDWPFGP FKG 9CRRGPUEJKNFG XQP <QNNGTP WPF 9ÒT\DWTI WPVGP *CNDOQPF )GMTÌPVGT *GNO OKV $ÒHHGNJÌTPGTP \YKUEJGP FGP *ÌTPGTP FGT $TWPUEJG #PIGNJCMGP X 5EJT 44 2T·IGUEJY·EJG UGJT UEJÌP

)GQTI WPF #NDTGEJV OKV 6KVGN )GQTIU DKU 6CNGT 5EJYCDCEJ &CX X 5EJT C 9KP\ 4CPFHGJNGT UGJT UEJÌP

6CNGT 5EJYCDCEJ &CX X 5EJT C

-CTN 9KNJGNO (TKGFTKEJ 6CNGT RTGW Q , 5EJYCDCEJ 5NI 9KNO 2TCEJVGZGORNCT (CUV 5VGORGNINCP\

(CUV XQT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 2CVKPC

$4#0&'0$74) #05$#%* /#4-)4#(5%*#(6

1996

1997

4GKEJUVCNGT CWH UGKPG 8GTO·JNWPI OKV (TKGFGTKMG .WKUG XQP 2TGWGP 5NI 9KNO (CUV XQT\ÒINKEJ

5KNDGTOGFCKNNG XQP , %TQMGT WPF , 5 6CPPGT CWH UGKPG 6CPVG 9KNJGNOKPG -CTQNKPG %JCTNQVVG 6QEJVGT ,QJCPP (TKGFTKEJU WPF CWH KJTGP )GOCJN )GQTI ++ XQP $TCWPUEJYGKI %CNGPDGTI *CPPQXGT -ÌPKI XQP )TQDTKVCPPKGP $TWUVDKNFGT FGU 2CCTGU GKPCPFGT IGIGPÒDGT &CU $TWUVDKNF KJTGU 5QJPGU (TKGFTKEJ .WFYKI 2TKP\ XQP 9CNGU N OKV WOIGNGIVGO /CPVGN WOIGDGP XQP FGP $TWUVDKNFGTP UGKPGT UGEJU )GUEJYKUVGT OO I $TQEMOCPP 5NI 9KNO 5GJT UEJÌPpXQT\ÒINKEJ

&KG XQTNKGIGPFG (COKNKGPOGFCKNNG YWTFG CWH $GHGJN FGU -ÌPKIU IGRT·IV WPF FKGPVG CNU )GUEJGPM &GP <YGEM YÒTFG OCP JGWVG CNU 2WDNKE 4GNCVKQPU DG\GKEJPGP

135

1998

1999

2000

5KNDGTPG .QVVGTKGOGFCKNNG XQP , 5 6CPPGT CWH UGKPG 6CPVG 9KNJGNOKPG -CTQNKPG %JCTNQVVG 6QEJVGT ,QJCPP (TKGFTKEJU WPF )GOCJNKP )GQTIU ++ XQP $TCWPUEJYGKI %CNGPDGTI *CPPQXGT -ÌPKI XQP )TQDTKVCPPKGP /KPGTXC UVGJV X X OKV 5RGGT WPF 2CNO\YGKI CO $QFGP N /GFWUGPUEJKNF WPF -TKGIUVTQRJ·GP T )NQDWU \YKUEJGP 'ODNGOGP FGT -WPUV WPF FGT 9KUUGPUEJCHV &KG -ÌPKIKP UVGJV T OKV <GRVGT WPF DGIKGV GKPGP 2CNOGPJCKP OO I $TQEMOCPP 5NI 9KNO 9KP\ -TCV\GT XQT\ÒINKEJ

&KG XQTNKGIGPFG /GFCKNNG YCT GKPG <WICDG \W GKPGT \YCT XQP FGT -ÌPKIKP WPVGTUVÒV\VGP UQPUV CDGT RTKXCVGP .QVVGTKG

6CNGT #PUDCEJ &CX 5NI 9KNO

%JTKUVKCP (TKGFTKEJ -CTN #NGZCPFGT -QPX 6CNGT 5EJYCDCEJ CWH FGP (TKGFGP XQP 6GUEJGP &CX 5NI 9KNO 8QT\ÒINKEJ

ex 2001

2CVKPC UGJT UEJÌP

2002

$4#0&'0$74) 24'755'0 $4#0&'0$74) /#4-)4#(5%*#(6 5'+6 &'/ ,#*4*70&'46 -74(ª456'067/

,QCEJKO WPF #NDTGEJV )TQUEJGP $GTNKP )TQUEJGP QJPG /ÒP\UV·VVGPCPICDG &C\W ,QCEJKO + CNNGKP )TQUEJGP 5VGPFCN 5VÒEM 5GJT UEJÌP

,QCEJKO + )TQUEJGP Q , #PIGTOÒPFG OKV CWUIGUEJTKGDGPGO 0COGP FGT /ÒP\UV·VVG $CJTH C 44 -N 5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌP

2003

2004

)TQUEJGP $GTNKP /KV /ÒP\OGKUVGT\GKEJGP 8KGTDNCVV CO #PHCPI FGT 8QTFGTUGKVGPWOUEJTKHV $CJTH XCT 8QP ITQGT 5GNVGPJGKV 5GJT UEJÌP

)TQUEJGP ! 5VGPFCN $CJTH XCT

136

4 5GJT UEJÌP

2005

)GQTI 9KNJGNO 1TV 6CNGT -ÌPKIUDGTI 1JPG 9CTFGKP\GKEJGP CWH 8QTFGT WPF 4ÒEMUGKVG /CTKGPD 1NF E 2TCEJVGZGORNCT /KP FG\GPVTKGTV HCUV 5VGORGNINCP\

2006

(TKGFTKEJ 9KNJGNO FGT )TQG -WTHÒTUV 5KNDGTOGFCKNNG Q , XQT XQP , *ÌJP WPF % /GNEJKQT CNU )GUEJGPM HÒT HTGOFG )GUCPFVG +P GKPGT TGKEJ XGT\KGTVGP IGMTÌPVGP -CTVWUEJG FCU IGJCTPKUEJVG $TWUVDKNF HCUV X X &GT OKV FGO -WTJWV DGMTÌPVG DTCPFGPDWTIKUEJG #FNGT CWH FGT $TWUV <GRVGTUEJKNF WPF CWH FGP 5EJYKPIGP FKG 9CRRGP FGT DTCPFGPDWTIKUEJGP .·PFGT OO I $TQEMOCPP *ÒDUEJG 2CVKPC (GNFGT HGKP ÒDGTCTDGKVGV UQPUV XQT\ÒINKEJGU 'ZGORNCT 1GNTKEJ XGTOWVGV YQJN \W TGEJV FC FKG XQTNKGIGPFG /GFCKNNG XQT CNUQ XQT 'TNCPIWPI FGT RTGWKUEJGP 5QWXGT·PKV·V IGUEJCHHGP YQTFGP KUV &KG #WHHÒJTWPI CNNGT 6KVGN WPF 9CRRGP N·V FGP 5EJNW \W FC UKG CNU )G UEJGPM HÒT HTGOFG )GUCPFVG WPF 9ÒTFGPVT·IGT FKGPVG

2007

2008

6CNGT %5 $GTNKP &CX X 5EJT 4 /KP 5EJTÌVNKPIUHGJNGT MN 5VGORGNHGJNGT UGJT UEJÌPpXQT\ÒINKEJ

6CNGT +# *CNDGTUVCFV &CX X 5EJT 5GNVGP DGUQPFGTU KP FKGUGT 'TJCNVWPI -N 2T·IGUEJY·EJG XQT\ÒINKEJ

&GP XQTNKGIGPFGP 6CNGT QTFPGV X 5EJTÌVVGT KP UGKPGO 9GTM ÒDGT FKG /ÒP\GP FGU )TQGP -WTHÒTUVGP FGT /ÒP\UV·VVG 4GIGPUVGKP \W MQTTKIKGTV FCU LGFQEJ UR·VGT KP *CNDGTUVCFV UKGJG 0WOKUOCVKUEJG <GKVUEJTKHV 9KGP $CPF 5

137

2009

2010

6CNGT %5 $GTNKP &CX X 5EJT XCT 4 -N 2T·IGUEJY·EJG KO 4CPFDGTGKEJ UGJT UEJÌPpXQT\ÒINKEJ

6CNGT .%5 $GTNKP &CX X 5EJT XCT 5GNVGP KP FKGUGT 'TJCNVWPI 8QT\ÒINKEJ

2011

2012

-TGW\GT .%5 $GTNKP HÒT FKG 0GWOCTM /ÒP\OGKUVGT\GKEJGP WPVGT FGP #FNGTMNCWGP X 5EJT 5GNVGP DGUQPFGTU KP FKGUGT 'TJCNVWPI ªDNKEJG MN 2T·IGUEJY·EJG XQT\ÒINKEJp5VGORGNINCP\

6CNGT .%5 $GTNKP &CX X 5EJT 5GNVGPGT 6[R /KP 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

2013

2014

6CNGT .%5 $GTNKP &CX X 5EJT 5GJT UGNVGP KP FKGUGT 'TJCNVWPI 2TCEJVGZGORNCT (CUV 5VGORGNINCP\

6CNGT +%5 /CIFGDWTI &CX X 5EJT

2015

5GNVGP KP FKGUGT 'TJCNVWPI 8QT\ÒINKEJ

2016

(TKGFTKEJ +++ 6CNGT .%5 $GTNKP &CX X 5EJT F XCT 9GTV KP 2CNO\YGKIGP 5GNVGP KP FKGUGT 'TJCNVWPI 8QNN CWUIGRT·IVGU 2TCEJVGZGORNCT (CUV 5VGORGNINCP\

6CNGT .%5 $GTNKP &CX X 5EJT

138

8QT\ÒINKEJ

2017

2018

6CNGT .%5 $GTNKP &CX X 5EJT

/KP 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJ

6CNGT +%5 /CIFGDWTI &CX X 5EJT 9KP\ <CKPGPFG OKP 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJp5VGORGNINCP\

2019

2020

6CNGT 9* 'OOGTKEJ &CX X 5EJT 6CNGT $* /KPFGP &CX XCT X 5EJT

2022

2021

9KP\ -TCV\GT XQT\ÒINKEJ /KP 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJ

6CNGT +%5 /CIFGDWTI $TWUVDKNF OKV FGWVUEJGO *CTPKUEJ &CX X 5EJT 5GJT UGNVGP KP FKGUGT 'TJCNVWPI 2TCEJVGZGORNCT (CUV 5VGORGNINCP\

24'755'0 -¤0+)4'+%*

(TKGFTKEJ +++ + 6CNGT ,CJTGU\CJN KO 5VGORGN CWU IG·PFGTV $* /KP FGP I )GJCTPKUEJVGU $TWUVDKNF T OKV .QTDGGTMTCP\ WPF WOIGNGIVGO /CPVGN )GMTÌPVGU PGWP HGNFKIGU 9CRRGP OKV /KVVGNUEJKNF &CX X 5EJT \W 8QP ITÌVGT 5GNVGPJGKV )GTKPI GTJCNVGP UEJÌP

2023

(TKGFTKEJ 9KNJGNO + FGT 5QNFCVGPMÌPKI 5KNDGTOGFCKNNG XQP 2 2 9GTPGT CWH FKG #WHPCJOG FGT 5CN\DWTIGT 'OKITCPVGP )GJCTPKUEJVGU $TWUVDKNF T $QTWUUKC OKV 5EJKNF GORH·PIV GKPG 'OKITCPVGPHCOKNKG FCTÒDGT UVTCJNGPFGU )QVVGUCWIG OO I $TQEMOCPP 4QNN 9KP\ -TCV\GT UGJT UEJÌP XQT\ÒINKEJ

&GT 'T\DKUEJQH XQP 5CN\DWTI .GQRQNF #PVQP 'NGWVJGTKWU )TCH (KTOKCP \YCPI EC UGKPGT RTQVGUVCP VKUEJGP 7PVGTVCPGP \WT 'OKITCVKQP 7PIGH·JT XQP KJPGP UKGFGNVGP UKEJ DGK .CWGPDWTI CP FGT 4GUV YWTFG KP 2TGWGP IGTP CWHIGPQOOGP

139

2024

2025

(TKGFTKEJ ++ FGT )TQG 4GKEJUVCNGT RTGW # $GTNKP 1NF C X 5EJT C 'VYCU (WPFDGNCI UGJT UEJÌP

4GKEJUVCNGT RTGW $ $TGUNCW 1NF X 5EJT

8QT\ÒINKEJ

8QT\ÒINKEJ (GKPG 2CVKPC XQT\ÒINKEJ

2026

2027

4GKEJUVCNGT RTGW # $GTNKP &CX 1NF F X 5EJT 4GKEJUVCNGT RTGW # $GTNKP &CX 1NF X 5EJT

2028

2029

4GKEJUVCNGT RTGW # $GTNKP 1NF D X 5EJT 5GNVGP KP FKGUGT 'TJCNVWPI /KP $GNCI XQT\ÒINKEJGU 'ZGORNCT

4GKEJUVCNGT RTGW $ $TGUNCW &CX 1NF D X 5EJT -N 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJ

2030

2031

-TGW\GT 9 $TGUNCW 1NF C X 5EJT

5KNDGTOGFCKNNG XQP # 9KFGOCPP CWH FGP ÌUVGTTGKEJKUEJGP 'PVUCV\ XQP 1NOÒV\ $TWUVDKNFGT XQP (TCP\ + WPF /CTKC 6JGTGUKC PGDGPGKPCPFGT T 5VGJGPFG $GNNQPC WPF FKG XQT KJT MPKGPFG /QTCXKC JCNVGP GKPGP .QTDGGTMTCP\ WOJGT #TOCVWTGP OO I 1NF 5NI /QPVGPWQXQ 4 5GJT UEJÌP

140

(GKPG 2CVKPC MN 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJ

2034

2033 Æ

2032 Æ

$TQP\GOGFCKNNG XQP # 9KFGOCPP CWH FGP ÌUVGTTGKEJKUEJGP 'PVUCV\ XQP 1NOÒV\ $TWUVDKNFGT XQP (TCP\ + WPF /CTKC 6JGTGUKC PGDGPGKPCPFGT T 5VGJGPFG $GNNQPC WPF FKG XQT KJT MPKGPFG /QTCXKC JCNVGP GKPGP .QTDGGTMTCP\ WOJGT #TOCVWTGP OO 1NF 5NI /QPVGPWQXQ 8QT\ÒINKEJ

$TQP\GOGFCKNNG XQP # 9KFGOCPP CWH FGP 5KGI FGT ¤UVGTTGKEJGT DGK .CPFUJWV ÒDGT FKG 2TGW GP $TWUVDKNFGT XQP (TCP\ + WPF /CTKC 6JGTGUKC PGDGPGKPCPFGT T -TKGIUVTQRJ·GP KO *KPVGTITWPF 5VCFVCPUKEJV OO 1NF 5NI /QPVGPWQXQ 8QT\ÒINKEJ

5KNDGTOGFCKNNG XQP & ( .QQU CWH UGKPGP 6QF $ÒUVG T OKV 5VTCJNGPMTQPG $QTWUUKC MPKGV T XQT #NVCT FCTCWH FGT IGMTÌPVG RTGWKUEJG #FNGT OKV <GRVGT WPF 4GKEJUCRHGN QDGP 5VTCJNGP CWU 9QN MGP OO I 1NF 5QOOGT # 8QT\ÒINKEJ

2036 2035

-TKGIURT·IWPIGP KP 5CEJUGP )TÌUEJGT '% WPDGUVKOOVG /ÒP\UV·VVG 1NF X 5EJT XCT 2TCEJVGZGORNCT 5VGORGNINCP\

1UVRTGWGP WPVGT TWUUKUEJGT $GUCV\WPI 5EJKNNKPI QJPG /ÒP\\GKEJGP -ÌPKIUDGTI 1NF X 5EJT 5GJT UEJÌPpXQT\ÒINKEJ

2037

2038

(TKGFTKEJ 9KNJGNO ++ 4GKEJUVCNGT RTGW # $GTNKP &CX , 5GNVGPGT ,CJTICPI KP ÒDGTFWTEJUEJPKVVNKEJGT 'TJCNVWPI (CUV XQT\ÒINKEJ

4GKEJUVCNGT RTGW # $GTNKP &CX ,

8QT\ÒINKEJ

141

2039

2040

(TKGFTKEJ 9KNJGNO +++ $CV\GP )WNFGP HÒT 0GWGPDWTI 0GWEJ³VGN & 6 */< , C (GKPG 2CVKPC YKP\ 2T·IGUEJY·EJG HCUV 5VGORGNINCP\

6CNGT # 1JPG /O\ . CWH FGT 8QTFGTUGKVG #-5 &CX -CJPV 6JWP #PO 5GNVGP KP FKGUGT 'TJCNVWPI 2TCEJVGZGORNCT (GKPG 2CVKPC XQT\ÒINKEJp5VGORGNINCP\

2041 2042

6CNGT # #-5 , 5GNVGPGT ,CJTICPI 2TCEJVGZGORNCT (CUV 5VGORGNINCP\ 6CNGT # #-5 &CX -CJPV 6JWP (CUV XQT\ÒINKEJ

2043

5KNDGTOGFCKNNG XQP ( 9 .QQU CWH UGKPG *WNFKIWPI KP $GTNKP $TWUVDKNF N KP 7PKHQTO OKV 1TFGPUUVGTP &GT RTGWKUEJG #FNGT J·NV GKPGP 'KEJGPMTCP\ ÒDGT GKPGP 5VGKPDNQEM FGT OKV (CJPG 5EJYGTV $KDGN $KGPGPMQTD WPF <YGKIGP DGNGIV KUV OO I /CTKGPD 5QOOGT # *ÒDUEJG 2CVKPC HCUV XQT\ÒINKEJ

2044

142

5KNDGTOGFCKNNG XQP ( 9 .QQU CWH FCU L·JTKIG $GUVGJGP FGU -ÌPKITGKEJU &KG $TWUVDKNFGT FGT GTUVGP HÒPH RTGWKUEJGP -ÌPKIG PGDGPGKPCPFGT N &GT 5QPPGPIQVV KP 3WCFTKIC WOIGDGP XQP FGP *QTGP HQNIV #WTQTC WPF FGO /QTIGPUVGTP T WPVGP UKV\V FCU IGTÒUVGVG 2TGWGP OKV (ÒNNJQTP WPF 9CRRGPUEJKNF OO I /CTKGPD 5QOOGT # *ÒDUEJG 2CVKPC XQT\ÒINKEJ

2046

2045

5KNDGTOGFCKNNG XQP & ( QFGT ( 9 .QQU CWH FGP XGTGKVGNVGP #PITKHH FGT 'PIN·PFGT CWH -QRGPJC IGP 'KP -TKGIGT KP TÌOKUEJGT 6TCEJV GORH·PIV XQP FGT UKV\GPFGP )GTGEJVKIMGKV GKP 5EJYGTV 'KP -TKG IGT KP TÌOKUEJGT 6TCEJV M·ORHV IGIGP GKP 5GGWPIGJGWGT OO I $GTIUÎG 5QOOGT # 8QT\ÒINKEJ

&·PGOCTM XGTUWEJVG \WUCOOGP OKV 4WNCPF 2TGWGP WPF 5EJYGFGP FGP HTGKGP *CPFGN \W UEJÒV\GP WPF FGO 5GGFGURQVKUOWU 'PINCPFU GPVIGIGP\WVTGVGP 'KPG GPINKUEJG (NQVVG WPVGT 0GNUQP GTUEJKGP XQT -QRGPJCIGP WPF FTCPI VTQV\ VCRHGTGT F·PKUEJGT )GIGPYGJT KP FGP *CHGP GKP &·PGOCTM OWVG UEJNKGNKEJ FCU GPINKUEJG 5GGTGEJV CPGTMGPPGP

5KNDGTOGFCKNNG XQP & ( .QQU # -ÌPKI WPF # *QHHOCPP CWH FGP 6QF UGKPGT )GOCJNKP .WKUG #WIWUVG 9KNJGNOKPG #OCNKG *GT\QIKP XQP /GEMNGPDWTI 5VTGNKV\ $ÒUVG FGT -ÌPKIKP T QDGP -TQPG 'KP 5VGKPDNQEM OKV FGO RTGWKUEJGP 9CRRGP KP .CPFUEJCHV FCTÒDGT VKGHJ·PIGPFG 9QNMGP (NCOOG WPF FGT UVTCJNGPFG 0COG ,GJQXCU OO I /CTKGPD 5QOOGT # (GKPG 2CVKPC XQT\ÒINKEJ

2047

2048

(TKGFTKEJ 9KNJGNO +8 8GTGKPUFQRRGNVCNGT # #-5 &CX -CJPV 6JWP 5GJT UEJÌP

&QRRGNVGT 8GTGKPUVCNGT # #-5 &CX -CJPV 6JWP 9KP\ 4CPFHGJNGT UGJT UEJÌP

2049

9KNJGNO + 5KNDGTOGFCKNNG XQP 9 -WNNTKEJ CWH FKG ,CJTHGKGT FGU -ÌNPGT &QO DCWXGTGKPU -ÌRHG FGT 5EJKTOJGTTGP FGU &QODCWGU (TKGFTKEJ 9KNJGNO +8 WPF 9KNJGNO + PGDGPGKP CPFGT N #PUKEJV FGU &QOU KP WPHGTVKIGO <WUVCPF OO I /CTKGPD FQTV KP $TQP\G 5QOOGT - 9GKNGT 44 2TCEJVGZGORNCT +P 1TKIKPCNGVWK /KP -TCV\GT XQT\ÒINKEJp5VGORGNINCP\

143

2050

2052

2051 Fe

8GTGKPUVCNGT # #-5 &CX -CJPV 6JWP 2TCEJVGZGORNCT <CRQPKGTV RQNKGTVG 2NCVVG

9KNJGNO ++ 'KUGPIWOGFCKNNQP Q , FGU *ÒVVGPCOVU )NGKYKV\ XGTOWVNKEJ KP 'TKPPGTWPI CP -ÌPKIKP .WKUG $TWUVDKNF T OKV &KCFGO WPF 6WEJ OO #JTGPJÌXGN (QTUEJGT *KPV\G 6CTTCUEJ 8QT\ÒINKEJ

5KNDGTOGFCKNNG WPUKIPKGTV CWH UGKPGP $GUWEJ KP $TGUNCW -QRH T &GT DGJGNOVG 5VCFVUEJKNF N YKNFGT /CPP T 4KVVGT CNU 5EJKNFJCNVGT OO I /CTKGPD *GTTNKEJG 2CVKPC XQT\ÒINKEJp5VGORGNINCP\

2053

2054

5KNDGTOGFCKNNG XQP 1 1GTVGN $GTNKP CWH FGP 'TYGTD *GNIQNCPFU -QRH T )GPKWU OKV (NCIIG UEJYGDV ÒDGT FGT +PUGN OO I /CTKGPD *GTTNKEJG 2CVKPC HCUV 5VGORGNINCP\

5KNDGTOGFCKNNG XQP 1 1GTVGN $GTNKP CWH FKG 'TÌHHPWPI FGU 0QTF 1UVUGG -CPCNU 7PKHQTOKGTVGU $TWUVDKNF N &KG 2GTUQPKHKMCVKQPGP XQP 0QTF WPF 1UVUGG NCIGTP CWH (GNUGP \YKUEJGP KJPGP GKP -PCDG FGT GKP 5EJKHH CWH FGT 5EJWNVGT VT·IV WPVGP IGMTÌPVGT #FNGTUEJKNF /CTKGPD 4 (GKPG 2CVKPC YKP\ -TCV\GT XQT\ÒINKEJp5VGORGNINCP\

.QV 5KNDGTOGFCKNNG CWH FKG (TKGFGPUTGKUG FGU -CKUGTU OO I 5KNDGTOGFCKNNG CWH FGP )GDWTVUVCI FGU 4GKEJUMCP\NGTU 1VVQ (ÒTUV XQP $KUOCTEM OO I 5KNDGTOG FCKNNG CWH FGP )GDWTVUVCIU FGU 4GKEJUMCP\NGTU OO I 5KNDGTOGFCKNNG CWH FGP 6QF FGU 4GKEJUMCP\NGTU OO I 5VÒEM 8QT\ÒINKEJp5VGORGNINCP\

.16 24'755'0 144

&KXGTUG -NGKPOÒP\GP FGU ,CJTJWPFGTVU XQO 5EJKNNKPI DKU \WO 6CNGT W C (TKGFTKEJ +++ )TÌUEJGT 5& 5VÒEM 5EJÌPpUGJT UEJÌP

2058

2057

2059

$4#705%*9'+) 70& .ª0'$74)

$4#705%*9'+) 91.('0$ª66'. (ª456'067/

,WNKWU 4GKEJUVCNGT )QUNCT .KEJVVCNGT &CX 9GNVGT 4GKEJUVCNGT )QUNCT .KEJVVCNGT &CX 9GNVGT *GKPTKEJ ,WNKWU 4GKEJUVCNGT <GNNGTHGNF &CX 9GNVGT $

2061

2060

5GJT UEJÌP 5GJT UEJÌP 5GJT UEJÌP

(TKGFTKEJ 7NTKEJ -KRRGT -TGW\GT WPDGUVKOOVG /ÒP\UV·VVG OKV 6KVGN (GTFK PCPFU ++ 5NI -TCC\ HH XCT 9GNVGT 5GNVGP KP FKGUGT 'TJCNVWPI -N 2T·IGUEJY·EJG CO 4CPF XQT\ÒINKEJp5VGORGNINCP\

-KRRGT -TGW\GT WPDGUVKOOVG /ÒP\UV·VVG OKV 6KVGN (GTFKPCPFU ++ 5NI -TCC\ 9GNVGT 4 8QT\ÒINKEJ

2062

.ÌUGT \W 4GKEJUVCNGTP Q , #PFTGCUDGTI #WUDGWVGRT·IWPI 5QIGPCPPVGT )NÒEMUNÌUGT 1JPG 9GTVRWP\G I &CX &WXG ++ /ÒUGNGT D 9GNVGT -N 5VGORGNHGJNGT CVVTCMVKXGU UGJT UEJÌPGU 'ZGORNCT OKV UEJÌPGT 6ÌPWPI 145

2063

.ÌUGT \W 4GKEJUVCNGTP )QUNCT #WUDGWVG FGT )TWDG 5V ,CEQD KP .CWVGPVJCN 1JPG 9GTVRWP\G I (ÒPHHCEJ DGJGNOVGU 9CRRGP T YKNFGT /CPP CNU 5EJKNFJCNVGT QDGP 5V ,CEQD UVGJV X X OKV 2KNIGTUVCD WPF $WEJ QDGP UVTCJNGPFGT 0COG ,GJQXCU &CX C &WXG /ÒUGNGT E 9GNVGT 8QP ITQGT 5GNVGPJGKV *GTTNKEJG 2CVKPC (GNFGT CNVIGIN·VVGV UGJT UEJÌPpXQT\ÒINKEJ 5V ,CEQD ,CEQDWU IGJÌTVG \WO -TGKU FGT \YÌNH #RQUVGN WPF YCT UR·VGT 5EJWV\JGKNKIGT FGT 2KNIGT &GT .GIGPFG PCEJ UQNN GT KP 5RCPKGP IGYKTMV JCDGP ªDGT UGKPGO CPIGDNKEJGP )TCD YWTFG GKPG -KTEJG GTDCWV WO FKG JGTWO FKG 5VCFV 5CPVKCIQ FG %QORQUVGNC GPVUVCPF FKG DGTGKVU UGKV FGO /KVVGNCNVGT GKPGT FGT DGMCPPVGUVGP 9CNNHCJTVUQTVG FGT %JTKUVGPJGKV KUV

2065 2064

2064

4GKEJUVCNGT )QUNCT QFGT <GNNGTHGNF &CX 9GNVGT # #VVTCMVKXGU 'ZGORNCT OKV 2T·IGINCP\ MN 2T·IGUEJY·EJG HCUV XQT\ÒINKEJ

#WIWUV FGT ,ÒPIGTG 4GKEJUVCNGT <GNNGTHGNF 9GNVGT

4 5GJT UEJÌP

2066

146

.ÌUGT \W 4GKEJUVCNGTP <GNNGTHGNF QFGT )QUNCT CWH UGKPGP )GDWTVUVCI /KV 9GTVRWP\G I &CX D &WXG $ ++ 9GNVGT 4 #VVTCMVKXG 2CVKPC UGJT UEJÌP

2067

4GKEJUVCNGT <GNNGTHGNF CWH UGKPGP 6QF &CX 9GNVGT 0CEJVTCI (GKPG 2CVKPC OKP 5EJTÌVNKPIUHGJNGT CO 4CPF HCUV XQT\ÒINKEJ

2068

4WFQNH #WIWUV .ÌUGT \W 4GKEJUVCNGTP <GNNGTHGNF #WUDGWVG FGT )TWDG .CWVGPVJCNU )NÒEM /KV 9GTVRWP\G I (ÒPHHCEJ DGJGNOVGU HGNFKIGU 9CRRGP WPVGP \W FGP 5GKVGP 4 $

4WFQNRJ $QTPGOCPP /ÒP\OGKUVGT KP <GNNGTHGNF .CWVGPURKGNGTKP CWH 5EJPGEMG KO *KPVGT ITWPF 5VCFVCPUKEJV XQP .CWVGPVJCN WPF $GTIYGTMUCPNCIGP &CX &WXG /ÒUGNGT 9GNVGT 44 9KP\ 4CPFHGJNGT YKP\ -TCV\GT UGJT UEJÌPpXQT\ÒINKEJ

2069

4WFQNH #WIWUV WPF #PVQP 7NTKEJ 4GKEJUVCNGT <GNNGTHGNF &CX 9GNVGT 5GNVGPGT ,CJTICPI 2CVKPC UGJT UEJÌP

147

2070

4GKEJUVCNGT )QUNCT QFGT <GNNGTHGNF 'KPVTCEJVUVCNGT &CX 9GNVGT (GKPG 2CVKPC XQT\ÒINKEJ

ex 2072

2071

/CTKGPITQUEJGP <GNNGTHGNF &CX 9GNVGT

#PVQP 7NTKEJ 5KNDGTOGFCKNNG WPUKIPKGTV CWH FKG )GDWTV UGKPGU )TQPGHHGP -CTN

UR·VGT *GT\QI -CTN + (QTVWPC OKV (ÒNNJQTP WPF 5VGWGTTWFGT CWH 9QNMGP TGKEJV GKP -KPF CWH FKG 'TFG JKPCD <GJP <GKNGP 5EJTKHV OO I &C\W 5KNDGTOGFCKNNG XQP 2 /GTMGT CWH FKG )GDWTV FGU *GT\QIU -CTN UR·VGT -CTN ++ 5EJYGTV WPF /GTMWTUVCD NKGIGP CWH -QTP ICTDG FCTCP NGJPV FGT 4QUEJKNF 'PIGN VT·IV CWH GKPGO /CPVGN GKP -KPF OO I $TQEMOCPP 5VÒEM (CUV XQT\ÒINKEJ WPF XQT\ÒINKEJ

2073

2074

8QT\ÒINKEJ

2075

-CTN + 4GKEJUVCNGT <GNNGTHGNF #WUDGWVG FGT )TWDG %TQPGPDWTIU )NÒEM I )G MTÌPVGU HGNFKIGU 9CRRGP XQP \YGK YKNFGP /·PPGTP OKV 6CPPG IGJCNVGP 5EJCEJVIÌRGN OKV (GNF IGUV·PIG N WPF \YGK )GD·WFGP T KO *KPVGTITWPF *CT\DGTIG KO 8QTFGTITWPF /CVGTKCNYCIGP OKV \YGK 2HGTFGP WPF (WJTMPGEJV QDGP #TO CWU 9QNMGP OKV .QTDGGTMTCP\ &CX /ÒUGNGT 9GNVGT 4 8QT\ÒINKEJ

-CTN 9KNJGNO (GTFKPCPF -QPX 6CNGT 5RGEKGUVCNGT $TCWPUEJYGKI &CX 9GNVGT 8QT\ÒINKEJ

9KNJGNO 6CNGT %X% #-5 &CX -CJPV 6JWP

148

8QT\ÒINKEJ

2077

2076

$4#705%*9'+) *#4$74) (ª456'067/

9KNJGNO &QRRGNUEJKNNKPI 6CNGT *CTDWTI OKV 6KVGN XQP /CVVJKCU 9GNVGT (CUV XQT\ÒINKEJ

&QRRGNUEJKNNKPI 6CNGT *CTDWTI OKV 6KVGN (GTFKPCPFU ++ 9GNVGT

44 5GJT UEJÌP

2078

$4#705%*9'+) .ª0'$74) %'..' (ª456'067/

%JTKUVKCP .WFYKI .ÌUGT \W 4GKEJUVCNGTP <GNNGTHGNF 1JPG 9GTVRWP\G I )GJCTPKUEJVGT *GT\QI TGKVGV T OKV -QOOCPFQUVCD (ÒPHHCEJ DGJGNOVGU HGNFKIGU 9CRRGP WPVGP \W FGP 5GKVGP * 5 WPVGT FGO 9CRRGP \YGK IGMTGW\VG 5EJNÒUUGN *GPPKPI 5EJNÒVGT /ÒP\OGKUVGT KP <GNNGTHGNF &CX &WXG 9GNVGT 44 5GJT UEJÌP %JTKUVKCP .WFYKI GTDVG FKG %GNNGUEJGP .CPFGUVGKNG YQTCWH GT %CNGPDGTI CP UGKPGP $TWFGT )GQTI 9KNJGNO CDICD &WTEJ FKG 4GIKGTWPIUÒDGTPCJOG FÒTHVG FKGUG GTUVG WOHCPITGKEJG .ÌUGTRT·IWPI FGU *GT\QIU XGTCPNCV YQTFGP UGKP

2079

.ÌUGT \W 4GKEJUVCNGTP %NCWUVJCN #WUDGWVG FGT *CT\GT )TWDGP /KV 9GTVRWP\G I )GMTÌPVGU /QPQITCOO %. KP .QTDGGTMTCP\ WOIGDGP XQP MNGKPGP IGMTÌPVGP 9CRRGP WPVGP /ÒP\OGKUVGT\GKEJGP . 9 .KRRQNF 9GHGT /ÒP\OGKUVGT KP %NCWUVJCN 4Q URTKPIV N ÒDGT $GTIYGTMUNCPFUEJCHV *CPF CWU 9QNMGP J·NV .QTDGGTMTCP\ ÒDGT 2HGTFGMQRH &CX &WXG # + /ÒUGNGT 9GNVGT (GKPG 2CVKPC MN -TCV\GT UGJT UEJÌPpXQT\ÒINKEJ 149

2080

.ÌUGT \W 4GKEJUVCNGTP %NCWUVJCN #WUDGWVG FGT *CT\GT )TWDGP /KV 9GTVRWP\G I &CX &WXG $ /ÒUGNGT C 9GNVGT 2CVKPC MN 5EJTÌVNKPIUHGJNGT UGJT UEJÌPpXQT\ÒINKEJ

2082

2081

2083

.ÌUGT \W 4GKEJUVCNGTP %NCWUVJCN #WUDGWVG FGT *CT\GT )TWDGP /KV 9GTVRWP\G I &CX C &WXG $ /ÒUGNGT 9GNVGT *ÒDUEJG 2CVKPC MN )TCHHKVK KO (GNF XQT\ÒINKEJ

)GQTI 9KNJGNO 5KNDGTOGFCKNNG XQP ' $TCDCPFV CWH FGP $GIKPP UGKPGU .G DGPULCJTGU )GJCTPKUEJVGU $TWUVDKNF T OKV WOIGNGIVGO /CPVGN <GKNGP 5EJTKHV WOJGT GDGPHCNNU 5EJTKHV OO I $TQEMOCPP 5GJT UEJÌP XQT\ÒINKEJ

$4#705%*9'+) %#.'0$'4) *#0018'4 #$ -74(ª456'067/ *#0018'4 #$ -¤0+)4'+%* *#0018'4 150

)GQTI 4GKEJUVCNGT <GNNGTHGNF &CX 9GNVGT #PO -N 5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌP

2084 Æ

,QJCPP (TKGFTKEJ $TQP\GOGFCKNNG XQP ) ( 6TCXCPWU )GJCTPKUEJVGU $TWUVDKNF T OKV WOIGNGIVGO /CPVGN 2CNOG CWH GKPGO \GTMNÒHVGVGP (GNUGP OO $TQEMOCPP XCT FQTV OKV 4CPFUEJTKHV 8QT\ÒINKEJ

2085

.ÌUGT \W 4GKEJUVCNGTP %NCWUVJCN #WUDGWVG FGT *CT\GT )TWDGP /KV 9GTVRWP\G I &CX &WXG + /ÒUGNGT 9GNVGT 5EJTÌVNKPIUHGJNGT CO 4CPF NGKEJV IGYGNNV HCUV XQT\ÒINKEJ

2086

2087

6CNGT *CPPQXGT &CX 9GNVGT 4GKEJUVCNGT <GNNGTHGNF &CX 9GNVGT

2087

/KP 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJ *ÒDUEJG 2CVKPC XQT\ÒINKEJ

151

2088

'TPUV #WIWUV UGKV $KUEJQH XQP 1UPCDTÒEM 5KNDGTOGFCKNNG Q , XQP * $QPJQTUV #NNGIQTKG CWH FCU )NÒEM KO *CT\GT $GTIDCW (QTVWPC UVGJV CWH GKPGO 4CF FCU KO /GGT UEJYKOOV KP FGP *·PFGP J·NV UKG GKP 5GIGN KO *KPVGTITWPF (GNUGP .CPFUEJCHV OKV $GTIYGTMUCPNCIGP KO 8QTFGT ITWPF (ÌTFGTYGTM OKV (CJTMWPUV \W FGP 5GKVGP 6CPPGP FKG XQP (ÒNNJÌTPGTP WOYWPFGP UKPF CWU FGPGP 'T\ D\Y /ÒP\GP HCNNGP OO I $TQEMOCPP /ÒUGNGT D 44 -TCV\GT UGJT UEJÌP

2090

2089

2091

6CNGT *CPPQXGT &CX 9GNVGT

5KNDGTOGFCKNNG XQP # -CTNUVGGP CWH FGP 6QF UGKPGU 5QJPGU -CTN 2JKNKRR )GJCTPKUEJVGU $TWUV DKNF -CTN 2JKNKRRU T OKV WOIGNGIVGO /CPVGN $NKV\G UEJNCIGP CWU HNCOOGPFGP 9QNMGP KP GKP R[TCOK FGPCTVKIGU )GD·WFG WPF NCUUGP FKG 5RKV\G FKG CO 'PFG OKV GKPGO *CNDOQPF XGTUGJGP KUV CDDTGEJGP OO I $TQEMOCPP -TCV\GT UGJT UEJÌP

5KNDGTOGFCKNNG WPUKIPKGTV CWH FGP 6QF UGKPGU 5QJPGU -CTN 2JKNKRR <GJP <GKNGP 5EJTKHV FCTWP VGT FTGK 5VGTPG $NKV\G UEJNCIGP CWU HNCOOGPFGP 9QNMGP KP GKP R[TCOKFGPCTVKIGU )GD·WFG WPF NCUUGP FKG 5RKV\G FKG CO 'PFG OKV GKPGO *CNDOQPF XGTUGJGP KUV CDDTGEJGP /KV 4CPFUEJTKHV /145 +25# &1%'6 38+5 (7'4+6 OO I $TQEMOCPP -N 2TQDKGTURWT CO 4CPF UGJT UEJÌP

152

8QP ITÌVGT 5GNVGPJGKV 5GJT UEJÌPpXQT\ÒINKEJ

2092

2093

6CNGT %NCWUVJCN &CX 9GNVGT 6CNGT %NCWUVJCN &CX 9GNVGT

8QT\ÒINKEJp5VGORGNINCP\ 8QT\ÒINKEJ 8QT\ÒINKEJ

2094

5KNDGTOGFCKNNG XQP ' $TCDCPFV CWH FKG 'TNCPIWPI FGT -WTYÒTFG )GJCTPKUEJVGU $TWUVDKNF T OKV WOIGNGIVGO /CPVGN (ÒTUVGPJWV ÒDGT PGWP <GKNGP 5EJTKHV WPVGP 4QUGVVG /KV 4CPFUEJTKHV 676#674 '6 140#6 OO I $TQEMOCPP 44 9KP\ 4CPFHGJNGT WPF &TWEMUVGNNG UGJT UEJÌPpXQT\ÒINKEJ

2095

2097

2096

6CNGT %NCWUVJCN &CX 9GNVGT 6CNGT <GNNGTHGNF &CX 9GNVGT

2TCEJVGZGORNCT (CUV 5VGORGNINCP\ 8QT\ÒINKEJ

5KNDGTOGFCKNNG XQP ' $TCDCPFV )GJCTPKUEJVGU $TWUVDKNF T OKV WOIGNGIVGO /CPVGN 9CHHGP VTQRJ·G FCTÒDGT 5EJTKHVDCPF OO I $TQEMOCPP 44 5GJT UEJÌPpXQT\ÒINKEJ

153

2098

2099

4GKEJUVCNGT %NCWUVJCN #WUDGWVG FGT )TWDG 5V #PFTGCU &CX /ÒUGNGT 9GNVGT #VVTCMVKXG 2CVKPC MN 4CPFHGJNGT UGJT UEJÌPpXQT\ÒINKEJ

&GT XQTNKGIGPFG 4GKEJUVCNGT YKTF CWEJ CNU -TÒRRGNVCNGT DG\GKEJPGV FC FCU NKPMG $GKP FGU JGKNKIGP #PFTGCU WPCPCVQOKUEJ XGTUVGNNV KUV

5KNDGTOGFCKNNG XQP # -CTNUVGGP CWH UGKPGP 6QF )GJCTPKUEJVGU $TWUVDKNF T OKV WOIGNGIVGO /CPVGN 'KPG CWU 3WCFGTP IGDCWVG 2[TCOKFG UVGJV KP .CPFUEJCHV OO I $TQEMOCPP 44 ªDNKEJGT 5VGORGNHGJNGT CWH FGT 4ÒEMUGKVG UGJT UEJÌP

2100

2101

)GQTI + .WFYKI /CTKGPITQUEJGP <GNNGTHGNF &CX 9GNVGT (GKPG 2CVKPC HCUV XQT\ÒINKEJ

5KNDGTOGFCKNNG XQP 5 .CODGNGV CWH FKG 0CEJHQNIG UGKPGT /WVVGT 5QRJKC XQP FGT 2HCN\ CWH FGP GPINKUEJGP 6JTQP $TWUVDKNF FGT -WTHÒTUVKP T OKV 9KVYGPUEJNGKGT $TWUVDKNF FGT *GT\QIKP /CVJKNFG )GOCJNKP *GKPTKEJU FGU .ÌYGP T OO I $TQEMOCPP (GNFGT UVCTM DGCTDGKVGV UGJT UEJÌP 5QRJKC Ó YCT FKG 6QEJVGT FGU WPINÒEMNKEJGP (TKGFTKEJ XQP FGT 2HCN\ 9KPVGTMÌPKI WPF FGT 'NKUC DGVJ 5VWCTV 6QEJVGT ,CEQDU + XQP )TQDTKVCPPKGP 5KG DTCEJVG KJTG ,WIGPF KP *QNNCPF \W WPF YCT CWGTIGYÌJP NKEJ IGDKNFGV &WTEJ GKPG GTNCUUGPG 2CTNCOGPVUCMVG YWTFG UKG CNU 'PMGNKP ,CEQDU + WPF FKG XQP KJT CDUVCO OGPFG MWTHÒTUVNKEJG (COKNKG CWH FGP 6JTQP XQP )TQDTKVCPPKGP DGTWHGP $GFKPIWPI YCT FC UKG WPF KJTG .GKDGU GTDGP RTQVGUVCPVKUEJ DNKGDGP WPF -ÌPKIKP #PPC DGK KJTGO 6QFG QJPG 'TDGP YCT 5QRJKC UVCTD LGFQEJ \YGK /QPCVG XQT -ÌPKIKP #PPC 5Q VTCV KJT ·NVGUVGT 5QJP )GQTI .WFYKI FKG 6JTQPHQNIG CNU )GQTI + -ÌPKI XQP )TQDTKVCP PKGP CP &KG 4ÒEMUGKVGPFCTUVGNNWPI FGT XQTNKGIGPFGP /GFCKNNG \GKIV /CVJKNFG 6QEJVGT FGU GPINKUEJGP -ÌPKIU *GKPTKEJ ++ 5KG IKNV JKGT CNU 5VCOOWVVGT FGT $TCWPUEJYGKIGT *·WUGT WPF \GKIV GKPG HTÒJG 8GTDKPFWPI OKV 'PINCPF CP

154

2102

2103

2104

5KNDGTOGFCKNNG Q , XQT XQP 4 (CNV\ $TWUVDKNF N OKV WOIGNGIVGO /CPVGN #WH \YGK 5VWHGP UVGJV GKPG FQTKUEJG 5·WNG KO *KPVGTITWPF (NW WPF $GTIG OO I $TQEMOCPP 5VGIWYGKV -N 4CPFHGJNGT UGJT UEJÌP

5KNDGTOGFCKNNG XQP 5 .CODGNGV $TWUVDKNF T OKV WOIGNGIVGO /CPVGN 4Q URTKPIV N ÒDGT (GNU DTQEMGP \YKUEJGP FGPGP FKG /GFCKNNGWTUUKIPCVWT 5. XGTUVGEMV KUV OO I $TQEMOCPP 8QP ITQGT 5GNVGPJGKV 5EJÌPG 6ÌPWPI MN -TCV\GT XQT\ÒINKEJ

5KNDGTOGFCKNNG XQP ' *CPPKDCN CWH FKG GTNCPIVG 9ÒTFG FGU 'T\UEJCV\OGKUVGTU )GJCTPKUEJVGU $TWUVDKNF T OKV WOIGNGIVGO /CPVGN &KG FGWVUEJG -CKUGTMTQPG OO I $TQEMOCPP -TCV\GT UGJT UEJÌP

#NU UGKP 8CVGT 'TPUV #WIWUV FKG -WTHÒTUVGPYÒTFG GTJKGNV UQNNVG FKGUG OKV FGT 9ÒTFG FGU 'T\DCPPGTJGTTGP XGT DWPFGP YGTFGP 0CEJFGO FGT -WTHÒTUV XQP $C[GTP KP FKG #EJV GTMN·TV YQTFGP YCT MCO FCU RH·N\KUEJG *CWU CP FGUUGP 5VGNNG WPF FCU #OV FGU 'T\UEJCV\OGKUVGTU YWTFG XCMCPV &GT -CKUGT DGVTCWVG PWPOGJT )GQTI .WFYKI OKV FKGUGT 9ÒTFG #NU GKPKIG ,CJTG UR·VGT FGT *GT\QI XQP $C[GTP YKGFGT CNU -WTHÒTUV GKPIGUGV\V YWTFG DNKGD LGFQEJ FCU *CWU $TCWPUEJYGKI .ÒPGDWTI KO $GUKV\ FGU #OVGU FGU 'T\UEJCV\OGKUVGTU FGUUGP 5[ODQN FKG 4GKEJU MTQPG YCT

2105

CNU )GQTI + -ÌPKI XQP )TQDTKVCPPKGP 5KNDGTOGFCKNNG XQP ) 9 8GUVPGT CWH UGKPG -TÌPWPI \WO -ÌPKI XQP )TQDTKVCPPKGP $TWUVDKNF T OKV .QTDGGTMTCP\ WPF WOIGNGIVGO /CP VGN 0CEJ N UEJYGDGPFGT 'PIGN DGMTÌPV 5V )GQTI FGT PCEJ N TGKVGV WPF FGP &TCEJGP VÌVGV OO I $GTPJGKOGT $TQEMOCPP 5GJT UEJÌPpXQT\ÒINKEJ

&GT *GKNKIG )GQTI KUV FGT 5EJWV\RCVTQP 'PINCPFU WPF FCU 5KPPDKNF FGU -ÌPKIU )GQTI

155

2106

2108 Æ

2107

4GKEJUVCNGT %NCWUVJCN &CX 9GNVGT

4 (GKPG 2CVKPC UGJT UEJÌP

5KNDGTOGFCKNNG XQP , %TQMGT CWH FGP (TKGFGP XQP 2CUUCTQYKV\ )GJCTPKUEJVGU $TWUVDKNF T OKV .QTDGGTMTCP\ WPF WOIGNGIVGO /CPVGN &GT TQOCPKUKGTV IGJCTPKUEJVG -ÌPKI YGKUV OKV UGKPGO <GRVGT CWH FGP CWH GKPGO )NQDWU IG\GKEJPGVGP $CNMCP OO I $TQEMOCPP 2CZ KP 0WOOKU 4 (CUV XQT\ÒINKEJ

0CEJFGO FKG 6ÒTMGP DGK 2GVGTYCTFGKP XQP 2TKP\ 'WIGP IGUEJNCIGP YCTGP WPF $GNITCF DGHTGKV YQTFGP YCT YWTFG OKV 8GTOKVVNWPIUJKNHG FGT 'PIN·PFGT CO ,WNK FGT (TKGFGP XQP 2CUUCTQYKV\ 2QUEJCTGYCV\ KP 5GTDKGP IGUEJNQUUGP ¤UVGTTGKEJ GTJKGNV $GNITCF $QUPKGP WPF FKG 9CNCEJGK Y·JTGPF FKG 6ÒTMGP FKG 2GNQRQPPGU FKG UKG XQP FGP 8GPG\KCPGTP GTQDGTV JCVVGP DGJCNVGP FWTHVGP

$TQP\GOGFCKNNG XQP , %TQMGT CWH FKG 'TPGWGTWPI FGU $CVJ 1TFGPU -QRH T OKV .QTDGGT MTCP\ 5GKP XKGTL·JTKIGT 'PMGN *GT\QI 9KNJGNO #WIWUV XQP %WODGTNCPF UVGJV X X KO )GYCPF FGU )TQOGKUVGTU XQO $CVJ 1TFGP OO $TQEMOCPP 8QT\ÒINKEJ

&GT $CVJ 1TFGP XQP *GKPTKEJ +8 IGUVKHVGV YWTFG XQP )GQTI + .WFYKI GTPGWGTV 5GKP 0COG DGTWJV CWH GKPGT TKVWGNNGP $CFG <GTGOQPKG &GT -ÌPKI GTPGPPV FGP )TQOGKUVGT WPF FKG /KVINKGFGT 0CEJ FGT 'TPGWG TWPI YWTFG FGT \YGKVG 'PMGN )GQTI + .WFYKIU FCJGT FKG 4ÒEMUGKVGPWOUEJTKHV FKGUGT /GFCKNNG 52'5 #.6'4# <YGKVG *QHHPWPI FGT XKGTL·JTKIG *GT\QI 9KNJGNO #WIWUV XQP %WODGTNCPF GTUVGT 4KVVGT WPF )TQOGKUVGT 6CVU·EJNKEJ YCT GT LGFQEJ FGT FTKVVG 'PMGN 5GKP $TWFGT )GQTI 9KNJGNO UVCTD KO GTUVGP .GDGPULCJT WPF YWTFG JKGT PKEJV OKVIG\·JNV &KG +PUKIPKGP FGU 1TFGPU DGUVCPFGP CWU (GUVMNGKFWPI $TWUVUVGTP WPF 1TFGPUMGVVG 5R·VGT WPVGT )GQTI +8 YWTFG FGT 1TFGP KP FTGK -NCUUGP WPVGTVGKNV UGKPG /KVINKGFGT\CJN YCT WPDGITGP\V

2109

156

)GQTI ++ 5KNDGTOGFCKNNG %JTQPQITCOO XQP 4 2 9CJN CWH UGKPGP $GUWEJ FGT 'TDNCPFG WPF FGT *CT\GT $GTIYGTMG )GJCTPKUEJVGU $TWUVDKNF N OKV .QTDGGTMTCP\ WPF WOIGNGIVGO /CPVGN $GTIYGTMUNCPFUEJCHV OKV )TWDGPCWHTK WPF \YGK $GTINGWVGP DGK FGT #TDGKV OKV 5EJN·IGN WPF 'KUGP ÒDGT KJPGP )TWDGPNCORG OO I $TQEMOCPP /ÒUGNGT 8QP ITQGT 5GNVGPJGKV -TCV\GT HCUV UGJT UEJÌP

2110

5KNDGTOGFCKNNG XQP ) 9 8GUVPGT CWH FKG 8GTO·JNWPI UGKPGT 6QEJVGT #PPC OKV 2TKP\ 9KNJGNO +8 -CTN *GKPTKEJ (TKUQ 'TDUVCVVJCNVGT FGT 0KGFGTNCPFG &KG $TWUVDKNFGT FGU 2CCTGU GKPCPFGT IGIGPÒDGT &CU 2CCT XQP *[OGP XGTGKPKIV TGKEJV UKEJ ÒDGT GKPGO (GWGTCNVCT FKG *·PFG \W FGP 5GKVGP .QTDGGTD·WOG CP FGPGP FKG 9CRRGP XQP )TQDTKVCPPKGP WPF 1TCPKGP NGJPGP OO I $GTPJGKOGT $TQEMOCPP 8GTX X .QQP 8QT\ÒINKEJ

&KG *QEJ\GKVUHGKGTNKEJMGKVGP YCTGP WTURTÒPINKEJ HÒT FGP 0QXGODGT IGRNCPV -WT\ FCXQT GTMTCPMVG FGT 2TKP\ WPF FKG <GTGOQPKG OWVG DKU \W UGKPGT )GPGUWPI CWHIGUEJQDGP YGTFGP UQ FC FKG *QEJ\GKV GTUV CO /·T\ UVCVVHKPFGP MQPPVG &KG TÌOKUEJG ,CJTGU\CJN KO #DUEJPKVV FGT 4ÒEMUGKVG KUV FCTCWHJKP KO 5VGORGN MQTTKIKGTV YQTFGP

2111

5KNDGTOGFCKNNG XQP 0 XCP 5YKPFGTGP CWH FGP 'KP\WI UGKPGT 6QEJVGT #PPC WPF KJTGU )GOCJNU 2TKP\ 9KNJGNO +8 -CTN *GKPTKEJ (TKUQ 'TDUVCVVJCNVGT FGT 0KGFGTNCPFG KP $TGFC <YGK IGMTÌPVG .ÌYGP JCNVGP FKG 9CRRGPUEJKNFG XQP 0CUUCW 1TCPKGP WPF )TQDTKVCPPKGP #PPC WPF 9KNJGNO +8 UKV\GP KP GKPGO 9CIGP FGT XQP GKPGO IGMTÌPVGP .ÌYGP WPF GKPGO 'KPJQTP IG\QIGP YKTF OO I $TQEMOCPP 8GTX X .QQP 5EJÌPG 6ÌPWPI YKP\ 4CPFHGJNGT HCUV XQT\ÒINKEJ

&KG XQTNKGIGPFG /GFCKNNG GTKPPGTV CP FGP VTKWORJCNGP 'KP\WI FGU 2CCTGU KP FGT 5VCFV $TGFC CO 5GRVGODGT +O ,CJTG YWTFG FGT NCPIL·JTKIG 5VTGKV WO $TGFC \YKUEJGP (TKGFTKEJ 9KNJGNO + XQP 2TGWGP WPF 9KNJGNO +8 (TKUQ \WIWPUVGP FGU .GV\VGTGP GPVUEJKGFGP WPF $TGFC DNKGD FGO *CWUG 1TCPKGP GTJCNVGP #PN·NKEJ FGU $GUWEJU UEJGPMVG FCU 2CCT LGFGO /KVINKGF FGU /CIKUVTCVU GKP 'ZGORNCT FGT /GFCKNNG KP )QNF

2112

2113

5KNDGTOGFCKNNG XQP ' *CPPKDCN CWH FKG 'TÌHHPWPI FGT 7PKXGTUKV·V )ÌVVKPIGP $ÒUVG N OKV .QTDGGTMTCP\ $CWO OKV (TÒEJVGP UVGJV KP .CPFUEJCHV OO I $TQEMOCPP .CXGT TGP\ 4 5GJT UEJÌP

&KG )GQTIKC #WIWUVC 7PKXGTUKV·V KP )ÌVVKPIGP YWTFG XQP )GQTI ++ IGUVKHVGV #O 5GRVGODGT GTHQNIVG FKG HGKGTNKEJG 'TÌHHPWPI PCEJFGO KO ,CJTG \WXQT FCU MCKUGTNKEJG 2TKXKNGIKWO GTVGKNV YQTFGP YCT -WTCVQT WPF .GKVGT FGT *QEJUEJWNG YWTFG )GTNCEJ #FQNRJ XQP /ÒPEJJCWUGP

5KNDGTOGFCKNNG XQP ' *CPPKDCN CWH FKG )TÒPFWPI FGT 7PKXGTUKV·V )ÌVVKPIGP $ÒUVG N OKV .QT DGGTMTCP\ 5KGDGP <GKNGP 5EJTKHV QDGP 5VGTP WPVGP 4QUGVVG OO I $TQEMOCPP .CXGTTGP\ 8QT\ÒINKEJ

157

2114

5KNDGTOGFCKNNG XQP ) 9 9CJN CWH FKG 8GTO·JNWPI UGKPGT 6QEJVGT .WKUG OKV FGO UR·VGTGP -ÌPKI (TKGFTKEJ 8 XQP &·PGOCTM KP -QRGPJCIGP &KG &CVGP FGT MÌPKINKEJGP 8GTDKPFWPIGP XQP &·PGOCTM WPF 'PINCPF KP PGWP .QTDGGTMT·P\GP *[OGP OKV (CEMGN WPF (GEWPFKVCU OKV (ÒNNJQTP JCNVGP -TCP\ FCTKP FKG IGMTÌPVGP 9CRRGP XQP &·PGOCTM )TQDTKVCPPKGP WPF FCU 9GNHGPTQ OO I $TQEMOCPP )CNUVGT 4CPFHGJNGT GVYCU DGTKGDGP UGJT UEJÌP

.WKUG KP .QPFQP Ó KP %JTKUVKCPUDQTI YCT FKG FTKVVG 6QEJVGT )GQTIU ++ WPF UGKPGT )GOCJNKP 9KN JGNOKPG -CTQNKPG XQP $TCPFGPDWTI #PUDCEJ -WNODCEJ &KG XQTNKGIGPFG /GFCKNNG YGKUV CWH FKG XKGNH·NVKIGP GJGNKEJGP 8GTDKPFWPIGP \YKUEJGP FGO YGNHKUEJGP WPF FGO F·PKUEJGP (ÒTUVGPJCWU JKP 0CEJ #PICDGP XQP )CN UVGT YWTFGP XQP FKGUGO 5VÒEM 'ZGORNCT KP )QNF WPF 'ZGORNCTG KP 5KNDGT CWUIGRT·IV

2115

2116

5KNDGTOGFCKNNG XQP / *QNV\JG[ CWH FGP )GDWTVUVCI UGKPGT 'PMGNKP %CTQNKPC $TWUVDKNFGT UGKPGT 6QEJVGT #PPC WPF KJTGU )GOCJNU 9KNJGNO +8 -CTN *GKPTKEJ (TKUQ 'TDUVCVVJCNVGT FGT 0KGFGT NCPFG PGDGPGKPCPFGT T $TWUVDKNF FGT 2TKP\GUUKP %CTQNKPC T KP GKPGO -TCP\ CWU 4QUGP\YGKIGP OO I $TQEMOCPP 8GTX X .QQP \W /KP DGTKGDGP HCUV XQT\ÒINKEJ

2TKP\GUUKP %CTQNKPC YCT \W FKGUGO <GKVRWPMV FCU GKP\KIG PQEJ NGDGPFG -KPF FGU 2CCTGU WPF FKG *QHHPWPI CWH FKG 0CEJHQNIG TWJVG CWH KJT

5KNDGTOGFCKNNG XQP / ) #TDKGP WPF 2 %JT 9KPUNQY CWH FGP 6QF UGKPGT 6QEJVGT .WKUG )G OCJNKP (TKGFTKEJU 8 XQP &·PGOCTM $TWUVDKNF .WKUGU T OKV WOIGNGIVGO *GTOGNKPOCPVGN )TCDOCN FCTCWH GKPG ITQG WPF GKPG MNGKPG 7TPG \W FGP 5GKVGP VTCWGTPFG &CPKC WPF 0QTYGIKC OO I $TQEMOCPP )CNUVGT 5EJÌPG 6ÌPWPI HCUV XQT\ÒINKEJ -WT\ XQT KJTGT 0KGFGTMWPHV WPVGT\QI UKEJ FKG -ÌPKIKP GKPGT 1RGTCVKQP XQP FGT UKG UKEJ PKEJV OGJT GTJQNVG 5KG UVCTD CO &G\GODGT KO .GDGPULCJT WPF YWTFG \WUCOOGP OKV KJTGO VQVIGDQTGPGP -KPF DGKIGUGV\V

158

2118

2117 Æ

)GQTI +++ $TQP\GOGFCKNNG XQP . 0CVVGT CWH FKG -TÌPWPI UGKPGT )GOCJNKP %JCTNQVVG -CTQNKPG 6QEJVGT -CTN .WFYKI (TKGFTKEJU XQP /GEMNGPDWTI 5VTGNKV\ \WT -ÌPKIKP XQP 'PI NCPF $TWUVDKNF %JCTNQVVGU T OKV &KCFGO &KG -ÌPKIKP KO -TÌPWPIUQTPCV UVGJV X X PGDGP GKPGO (GWGTCNVCT QDGP HNKGIGPFGT 'PIGN FGT GKPG -TQPG ÒDGT KJT *CWRV J·NV OO $TQEMOCPP 5GJT UEJÌPpXQT\ÒINKEJ

5KNDGTOGFCKNNG XQP , ( - %NCWU 2T·OKG FGT .CPFYKTVUEJCHVNKEJGP )GUGNNUEJCHV KP %GNNG -QRH T OKV .QTDGGTMTCP\ (ÒNNJQTP CWU FGO NCPFYKTVUEJCHVNKEJG 'T\GWIPKUUG HCNNGP KP .CPFUEJCHV OO I $TQEMOCPP 4 8QT\ÒINKEJ

&KG .CPFYKTVUEJCHVNKEJG )GUGNNUEJCHV KP %GNNG YWTFG IGITÒPFGV WO FKG .CPFYKTVUEJCHV \W WPVGTUVÒV\GP WPF \W XGTDGUUGTP 4GEJVUPCEJHQNIGT YCT DKU FKG -ÌPKINKEJG .CPFYKTVUEJCHVU )GUGNNUEJCHV KP %GNNG 5KG YWTFG FCPP PCEJ *CPPQXGT WOIGUKGFGNV KP .CPFYKTVUEJCHVUMCOOGT HÒT FKG 2TQXKP\ *CPPQXGT WODGPCPPV WPF GZKUVKGTV PQEJ JGWVG CNU .CPFYKTVUEJCHVUMCOOGT *CPPQXGT

2119

2120

2121

5KNDGTOGFCKNNG XQP , ( - %NCWU 2T·OKG FGT .CPFYKTVUEJCHVNKEJGP )GUGNNUEJCHV KP %GNNG $GNQTDGGTVGT -QRH T *·PIGPFGT -TCP\ CWU XGTUEJKGFGPGP )GVTGKFGUQTVGP OO I $TQEMOCPP 8QT\ÒINKEJ

5KNDGTOGFCKNNG Q , XQP , ( - %NCWU 2T·OKG FGT .CPFYKTVUEJCHVNKEJGP )GUGNNUEJCHV KP %GNNG $ÒUVG UGKPGT )GOCJNKP %JCTNQVVG -CTQNKPG XQP /GEMNGPDWTI 5VTGNKV\ N OKV &KCFGO -TCP\ CWU (TÒEJVGP WPF $NÒVGP OO I $TQEMOCPP 8QT\ÒINKEJ

5KNDGTOGFCKNNG XQP , 2 &TQ\ CWH FKG )GPGUWPI FGU -ÌPKIU $ÒUVG T OKV .QTDGGTMTCP\ 'KP (GWGTCNVCT FGT XQP GKPGT 5EJNCPIG WOYWPFGP KUV OO I $TQEMOCPP (CUV XQT\ÒINKEJ

)GQTI +++ JCVVG DGTGKVU GKPGP -TCPMJGKVUUEJWD GTNKVVGP WPF YWTFG GTPGWV MTCPM YWTFG FCPP UGKPG CPIGDNKEJG *GKNWPI IGHGKGTV &KG T\VG PCJOGP CP FC GU UKEJ WO GKPG )GOÒVU QFGT )GKUVGUMTCPMJGKV JCPFGNVG *GWVG MCPP OCP FKCIPQUVK\KGTGP FC FGT -ÌPKI CP 2QTRJ[TC GKPGT GTDNKEJGP 5VQHHYGEJUGNGTMTCPMWPI NKVV FGTGP CPHCNNCTVKI CWHVTGVGPFG 5[ORVQOG CWEJ GKPG IGKUVKIG 8GTYKTTWPI \GKIGP MCPP

159

2122

2124

2123 Æ

2125

5KNDGTOGFCKNNG WPUKIPKGTV #WUDGWVG FGT *CT\GT )TWDGP WPF *WNFKIWPI 0CRQNGQPU + FWTEJ FKG *CPPQXGTUEJG #TOGG 5GEJU <GKNGP 5EJTKHV \YKUEJGP 'KEJGP\YGKIGP 5GEJU <GKNGP 5EJTKHV \YKUEJGP ¤N\YGKIGP OO I /ÒUGNGT D 8QT\ÒINKEJp5VGORGNINCP\

$TQP\GOGFCKNNG XQP 6 9GDD WPF , , $CTTG CWH FKG 4ÒEMMGJT UGKPGU 5QJPGU #FQNH (TKGFTKEJ XQP FGT 8ÌNMGTUEJNCEJV DGK .GKR\KI PCEJ *CPPQXGT $TWUVDKNF HCUV X X KP 7PKHQTO CWH FGT $TWUV FGT 5VGTP FGU *QUGPDCPFQTFGPU $TKVCPPKC VJTQPV T WPF HÒVVGTV \YGK 4ÌUUGT OO $TQEMOCPP 4 8QT\ÒINKEJ

0CEJ FGT 8ÌNMGTUEJNCEJV DGK .GKR\KI XQO DKU 1MVQDGT JCVVGP UKEJ FKG (TCP\QUGP CWU FGO XQP KJPGP DGUGV\VGP *CPPQXGT \WTÒEM\KGJGP OÒUUGP #FQNH (TKGFTKEJ *GT\QI XQP %CODTKFIG MGJTVG PCEJ *CPPQXGT \W TÒEM 'T YWTFG FQTV )GPGTCNIQWXGTPGWT FCPP DGYKTMVG GT FKG #PGTMGPWPI FGT 'TJGDWPI FGU -WTHÒTUVGPVWOU \WO -ÌPKITGKEJ *CPPQXGT &COKV NGIVG UGKP $TWFGT FGT DTKVKUEJG 2TKP\TGIGPV )GQTI +8 FGP -WTHÒTUVGPVKVGN HÒT *CPPQXGT CD &KG 4ÒEMUGKVGPFCTUVGNNWPI FGT XQTNKGIGPFGP /GFCKNNG UCIV CWU FC $TKVCPPKC FKG 9GNHGP KP )GUVCNV \YGKGT 4ÌUUGT 'PINCPF WPF *CPPQXGT GTP·JTV WPF UKG UQ HÒT FKG 4ÒEMMGJT PCEJ *CPPQXGT UV·TMV

6CNGT % #-5 , C

8QT\ÒINKEJp5VGORGNINCP\

)GQTI +8 )WVG )TQUEJGP / #-5 , D 2TCEJVGZGORNCT (CUV 5VGORGNINCP\

2126

160

2127 Æ

5KNDGTOGFCKNNG XQP - ( 8QKIV CWH FKG #PMWPHV FGU -ÌPKIU KP *CPPQXGT $ÒUVG T OKV .QTDGGT MTCP\ WPF WOIGNGIVGO /CPVGN (GNKEKVCU OKV /GTMWTUVCD WPF (ÒNNJQTP UEJTGKVGV FGO PCEJ T TGKVGPFGP -ÌPKI XQTCP OO I $TQEMOCPP 8QT\ÒINKEJGU 'ZGORNCT OKV HGKPGT 6ÌPWPI

$TQP\GOGFCKNNG XQP - ( 8QKIV CWH FKG #PMWPHV FGU -ÌPKIU KP *CPPQXGT $ÒUVG T OKV .QT DGGTMTCP\ WPF WOIGNGIVGO /CPVGN (GNKEKVCU OKV /GTMWTUVCD WPF (ÒNNJQTP UEJTGKVGV FGO PCEJ T TGK VGPFGP -ÌPKI XQTCP OO $TQEMOCPP 8QT\ÒINKEJ

2129

2128

9KNJGNO +8 6CNGT # #WUDGWVG FGT )TWDG $GTIYGTMU 9QJNHCJTV DGK %NCWUVJCN #-5 , 8QT\ÒINKEJp5VGORGNINCP\

'TPUV #WIWUV 6CNGT # 8CTKCPVG OKV GTJCDGPGO 9 CO *CNUCDUEJPKVV #-5 #PO &CX -CJPV #PO 6JWP #PO 44 8QT\ÒINKEJ

2131

2130

6CNGT # #-5 &CX -CJPV 6JWP

8QT\ÒINKEJp5VGORGNINCP\

6CNGT # )NÒEM CWH /ÒP\DGUWEJ KP %NCWUVJCN #-5 &CX -CJPV 6JWP 8QT\ÒINKEJ

2132

2133 Æ

5KNDGTOGFCKNNG XQP * ( $TCPFV CWH FKG *QEJ\GKV UGKPGU 5QJPGU )GQTI (TKGFTKEJ #NGZCPFGT -CTN UR·VGT )GQTI 8 OKV /CTKG XQP 5CEJGP #NVGPDWTI WPF FGP 'ORHCPI FGT 0GWXGTO·JNVGP KP *CPPQXGT -ÌRHG FGU $TCWVRCCTGU PGDGPGKPCPFGT N 'JTGPRHQTVG /KV 4CPFITCXWT 9 &'.+10 5'26 OO I $TQEMOCPP 9KP\ 4CPFHGJNGT OKP DGTKGDGP XQT\ÒINKEJ

$TQP\GOGFCKNNG XQP ) (TKV\ CWH FKG ,CJTHGKGT FGT )TÒPFWPI FGU MÌPKINKEJGP /ÒP\MCDK PGVVU -QRH T 5GEJU <GKNGP 5EJTKHV OO $TQEMOCPP 9KP\ (NGEMGP XQT\ÒINKEJ

$GK UGKPGO 6QF JKPVGTNKG ,WUVWU %JTKUVQRJ $ÌJOGT #DV FGU -NQUVGTU .QEEWO GKPG WOHCPITGKEJG XQP UGKPGO 1PMGN WPF 8QTI·PIGT FGO #DV )GTJCTF 9CNVGT /QNCPWU DGIQPPGPG /ÒP\GP WPF /GFCKNNGPUCOONWPI &KG 'TDGP DGUEJNQUUGP KO ,CJTG FKG 5COONWPI FWTEJ GKPG #WMVKQP \W XGT·WGTP &GT 8GTUVGKIGTWPIUMCVCNQI FCU DGMCPPVG 0WOQRJ[NCEKWO /QNCPQ $QGJOGTKCPWO XGTCPNCVG -ÌPKI )GQTI +++ FKG 6GKNG FGT 5COONWPI FKG UGKP *CWU DGVTCHGP CNU )TWPFUVQEM GKPGU MÌPKINKEJGP /ÒP\MCDKPGVVU \W GTYGTDGP +O ,CJTG HGKGTVG FCU MÌPKINKEJG -CDKPGVV UGKP JWPFGTVL·JTKIGU $GUVGJGP 5GKP FCOCNKIGT &KTGMVQT FGT DGMCPPVG 0WOKUOCVKMGT *GTOCPP )TQVG UQNN FKG #PTGIWPI \W QDKIGT /GFCKNNG IGIGDGP JCDGP

161

2134 Æ

)GQTI 8 $TQP\GOGFCKNNG XQP , ,CWPGT CWH UGKPG 5KNDGTJQEJ\GKV OKV /CTKC XQP 5CEJUGP #NVGPDWTI $GKFGT -ÌRHG PGDGPGKPCPFGT T <GKNGP 5EJTKHV WOJGT GKP -TCP\ FGT CWU /QPQITCOOGP 4ÌUUGTP -TQPGP WPF YGKVGTGP 5[ODQNGP DGUVGJV OO $TQEMOCPP 8QT\ÒINKEJp5VGORGNINCP\

.165 $4#705%*9'+) .ª0'$74)

&KXGTUG /ÒP\GP FGU ,CJTJWPFGTVU XQO -W 2HGPPKI DKU \WO 6CNGT FCTWPVGT CWEJ GKPKIG -KRRGTOÒP\GP &C\W DTKVKUEJG /ÒP\GP FGU ,CJTJWPFGTVU +PVGTGUUCPVGU .QV DKVVG DGUKEJVKIGP 5VÒEM 5EJÌPpUGJT UEJÌP

ex 2136

162

+PVGTGUUCPVG 5COONWPI XQP 5KNDGT $TQP\G WPF <KPPOGFCKNNGP FGU DKU ,CJTJWPFGTVU FCTWPVGT \CJNTGKEJG DGUUGTG 5VÒEMG YKG 'TPUV #WIWUV + $TQP\GOGFCKNNG $TQEMOCPP )GQTI ++ 5KNDGTOGFCKNNG 4U (QPV·PG KO 5EJNQICTVGP *GTTGPJCWUGP $TQEMOCPP UVCTMGT 4CPFHGJNGT WPF -TCV\GT $TQP\GOGFCKNNG $TQEMOCPP CWGTFGO 2TGWGP -ÌPKIKP .WKUG 5KNDGTOG FCKNNG $CFGP <KPPOGFCKNNG CWH FGP (TKGFGP XQP 4CUVCVV UQYKG 5EJKHHCJTV 5KNDGTOGFCKNNG CWH FCU -CPQPGPDQQV 2CPVJGT XQT FGT -ÒUVG XQP #ICFKT *GTXQTTCIGPFGU 1DLGMV FCU FKG )GUEJKEJVG FGU 9GNHGPJCWUGU GKPFTWEMUXQNN FQMWOGPVKGTV 5VÒEM <WO 6GKN OKV MNGKPGP /·PIGNP UGJT UEJÌP WPF XQT\ÒINKEJ

2137

56#&6

$4'+5#%*

-NKRRG \W -TGW\GTP IGRT·IV Y·JTGPF FGT $GNCIGTWPI FWTEJ 4JGKPITCH 1VVQ WPF /CTMITCH (TKGFTKEJ XQP $CFGP $GTUVGVV $TCWUG /CPUHGNF 6H 5GJT UEJÌP

2138 Æ

56#&6

2139

2140

$4'/'0

8GTIQNFGVG 5KNDGTOGFCKNNG XQP , $NWO CWH FKG 6TCWWPI )NWEMJGPPGPOGFCKNNG *KPVGT GKPGO 6KUEJ CWH FGO UKEJ (TÒEJVG GKP $WEJ WPF GKP 9GKPINCU DGHKPFGP UVGJV GKP XGTNQDVGU 2CCT FCU UKEJ WOCTOV WPF MÒV *GPPG OKV KJTGP -ÒMGP OO I ,WPIM XCT 9KP\ 4CPFHGJNGT XQT\ÒINKEJp5VGORGNINCP\

4GKEJUVCNGT OKV 6KVGN -CTNU 8+ &CX ,WPIM (GKPG 2CVKPC OKP 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJp5VGORGNINCP\ 4GKEJUVCNGT OKV 6KVGN XQP (TCP\ + ,WPIM 5GJT UEJÌPpXQT\ÒINKEJ

2141

$+567/

$4'5.#7

,QUGRJ XQP *QJGPNQJG -QPX 6CNGT $TGUNCW ( W 5 4 (GKPG 2CVKPC XQT\ÒINKEJp5VGORGNINCP\

163

2142

56#&6

4GKEJUVCNGT OKV 6KVGN (GTFKPCPFU ++ I #FNGT )GJCTPKUEJVGU IGMTÌPVGU *ÒHVDKNF (GTFK PCPFU ++ T OKV IGUEJWNVGTVGO <GRVGT FKG .KPMG CO 5EJYGTVITKHH $GTIJCWU &CX 4 5GJT UEJÌP

2143

56#&6

164

2145

'+5.'$'0

'/&'0

5KNDGTOGFCKNNG WPUKIPKGTV CWH FKG ,CJTHGKGT FGU 8KGT\KIGT -QNNGIKWOU )GMTÌPVGT 5VCFV UEJKNF ÒDGT *CHGP WPF 5VCFVCPUKEJV FCTWPVGT -CTVWUEJG OKV )TCXWT , , ,GYGKNU UKGDGP <GKNGP 5EJTKHV GKPCPFGT IGIGPÒDGTIGUVGNNV OO I -P[RJ *ÒDUEJG 2CVKPC UGJT UEJÌP

)4#(5%*#(6

2144

5EJCWVCNGT CWH FKG ,CJTHGKGT FGT 0CWODWTIGT -QPXGPVKQP I 5NI 9JKVKPI \W FQTV CNU HCEJGT 6CNGT 6QTPCW \W ++ D FQTV CNU HCEJGT 6CNGT +P FKGUGO )GYKEJV UGJT UGNVGP #VVTCMVKXG 2CVKPC UGJT UEJÌP

56#&6

&146/70&

'4$#%*

.WFYKI +++ ,QJCPP -CUKOKT WPF )GQTI #NDTGEJV + 4GKEJUVCNGT (ÒTUVGPCW OKV 6KVGN (GTFKPCPFU ++ &CX ,QUGRJ C *ÒDUEJG 2CVKPC MN <CKPGPFG HCUV XQT\ÒINKEJ

2146

56#&6

2148

2147

'4(746

4GKEJUVCNGT &CX .GKV\OCPP 4GKEJUVCNGT &CX .GKV\OCPP

5GJT UEJÌPpXQT\ÒINKEJ 5GNVGPGT ,CJTICPI 5GJT UEJÌP

5KNDGTOGFCKNNG XQP 6J 5VQEMOCT CWH FCU L·JTKIG $GUVGJGP FGT 7PKXGTUKV·V 'THWTV $TWUVDKNF FGU /CKP\GT -WTHÒTUVGP (TKGFTKEJ -CTN ,QUGRJ T KP *GTOGNKP <GKNGP 5EJTKHV OO I .CXGTTGP\ .GKV\OCPP 2TCEJVGZGORNCT OKV JGTTNKEJGT 2CVKPC (CUV 5VGORGNINCP\

2150

56#&6

2149

2150

(4#0-(746

5EJWNRT·OKGPVCNGT #NNGIQTKG CWH FKG -KPFGTGT\KGJWPI -PCDG MPKGV X X WPF DKGIV FGP 5VCOO GKPGU .QTDGGTDCWOGU QDGP FCU 5VCFVYCRRGP \YKUEJGP FGT IGVGKNVGP ,CJTGU\CJN ² +800) ² ² 4'%*6 ² )'$1)'0 ² ² #.6 91. ² )'<1 : ² )'00 ² FCTWPVGT FTGK 'KEJGNP \YKUEJGP $ $ OO I , W ( 4 9KP\ 5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌP

5KNDGTCDUEJNCI XQP FGP 5VGORGNP FGU &QRRGNFWMCVGP CWH FKG 9CJN -CTNU 8++ \WO -CKUGT CO ,CPWCT (ÌTUEJPGT , W ( 8QT\ÒINKEJ

2151

-QPX 6CNGT , W ( C

9KP\ 4CPFHGJNGT XQT\ÒINKEJ

165

2152

-QPX 6CNGT &CX , W ( C

/KP LWUVKGTV XQT\ÒINKEJ

2153

-QPX 6CNGT &CX , W ( D

2155

56#&6

2155

(4'+$74)

'KPUGKVKIGT 2HGPPKI 4CRRGP WO I 4CDGPMQRH N OKV IGRGTNVGO *CNU $GTIGT $GTUVGVV 5NI 9ÒVJTKEJ 9KGNCPFV $TGKUICW XIN 2T·IGUEJY·EJG UGJT UEJÌP

4'+%*5$74)

2154

(4+'&$'4)

(TCP\ *GKPTKEJ XQP &CNDGTI -QPX 6CNGT 0ÒTPDGTI OKV 6KVGN ,QUGHU ++ .G LGWPG ªDNKEJG 2T·IGUEJY·EJG XQT\ÒINKEJp5VGORGNINCP\

2156

(ª456'067/

166

(ª456'0$'4)

,QUGRJ 9GP\GN -QPX 6CNGT 5VWVVICTV #WUDGWVG FGT )TWDG 5V 9GP\GUNCWU DGK 9QNHCEJ I )GJCTPKUEJVGU $TWUVDKNF T CO #TOCDUEJPKVV # Û 49 Û #FCO 4WFQNRJ 9GTPGT 5VGORGNUEJPGKFGT KP 5VWVVICTV $GTIYGTMUNCPFUEJCHV KO 8QTFGTITWPF T UVGJV 5V 9GP\GN OKV -TQPG *CTPKUEJ WPF WOIGNGIVGO /CPVGN FKG 4GEJVG CWH FCU (ÒTUVGPDGTIGT 9CRRGP IGNGIV &CX &QNNKPIGT /ÒUGNGT 4 -N 4CPFXGTRT·IWPI OKP LWUVKGTV XQT\ÒINKEJ

2158

2157

#$6'+ 5'+6 $+567/

2157

(7.&#

*GKPTKEJ 8+++ XQP $KDTC 5KNDGTOGFCKNNG XQP , . 1GZNGKP CWH UGKP L·JTKIGU 2TKGUVGTLWDKN·WO $TWUVDKNF KO 1TPCV T 5VCFVCPUKEJV XQP (WNFC KO 8QTFGTITWPF FKG 2GTUQPKHKMCVKQPGP XQP 4GNKIKQP WPF &CPMDCTMGKV UQYKG FKG 5VCFVIÌVVKP CP GKPGO DTGPPGPFGP #NVCT QDGP FGT JGKNKIG 5VWTO GTUVGT #DV FGU 5VKHVGU OKV \YGK 2WVVGP KP 9QNMGP OO I $WEJQPKC 8QT\ÒINKEJ

)15.#4

56#&6

/CVVJKGT /CTKGPITQUEJGP $WEM $ÒVVPGT -NWIG # D

2160

2159

4 /KP IGYGNNV UGJT UEJÌP

2161

-KRRGT /CTKGPUEJTGEMGPDGTIGT )TQUEJGP OKV 6KVGN (GTFKPCPFU ++ $WEM $ÒVVPGT -NWIG $ F 44 -N 2T·IGUEJY·EJG UGJT UEJÌP

)WVG )TQUEJGP 6CNGT $WEM $ÒVVPGT -NWIG &CX

5GJT UEJÌP

4GKEJUVCNGT OKV 6KVGN -CTNU 8+ $WEM $ÒVVPGT -NWIG &CX 5GNVGPGT ,CJTICPI /KP 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

$+567/

*#.$'456#&6

4WFQNH + XQP 5EJNCFGP &ÒPPRHGPPKI Q , I I I WPF I $GUUGT $T· OGT $ÒTIGT 5VÒEM 6GKNYGKUG UGNVGP (CUV UGJT UEJÌP WPF UGJT UEJÌP

#NDTGEJV 8 XQP $TCPFGPDWTI $TGKVITQUEJGP Q , $GUUGT $T·OGT $ÒTIGT D 5VÒEM -N 5EJTÌVNKPIUTK Z UGJT UEJÌP

167

2164

6CNGT $GUUGT $T·OGT $ÒTIGT &CX WGTUV UGNVGPGT ,CJTICPI (GKPG 2CVKPC HCUV UGJT UEJÌP

2167

2165

&QOMCRKVGN 4GKEJUVCNGT $GUUGT $T·OGT $ÒTIGT &CX <GRGTPKEM 5GNVGP KP FKGUGT 'TJCNVWPI .GKEJVG 2T·IGUEJY·EJG HCUV XQT\ÒINKEJ

.QV *QJNRHGPPKI 5VGRJCPURHGPPKI Q , ,CJTJWPFGTV $GUUGT $T·OGT $ÒTIGT -ÌTV NKPI $GUUGT $T·OGT $ÒTIGT 5VÒEM 5GJT UEJÌP

*#/$74)

56#&6

9KVVGP $NCHHGTV Q , PCEJ FGO 4G\GUU XQP I &KG $WTI -TGW\ KP FGT /KVVG GKP UEJNKEJVGT -TGKU KP LGFGO 9KPMGN FGU -TGW\GU GKP 0GUUGNDNCVV )CGF NGKEJV XCT 4 9KP\ 5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌP

2168

2169

5GEJUNKPI )CGF

4 5GJT UEJÌP

4GKEJUVCNGT OKV 6KVGN (GTFKPCPFU ++ &CX )CGF HH -N <CKPGPFG MN 5VGORGNHGJNGT XQNN CWUIGRT·IVGU XQT\ÒINKEJGU 'ZGORNCT

2170

168

5KNDGTOGFCKNNG WPUKIPKGTV CWH FKG MCKUGTNKEJG %QOOKUUKQP )GMTÌPVGT &QRRGNCFNGT OKV IGMTÌP VGO 9CRRGP CWH FGT $TWUV ÒDGT FGP OKVGKPCPFGT XGTDWPFGPGP 9CRRGP XQP 5EJYGFGP .ÒPGDWTI $TCWPUEJYGKI WPF $TCPFGPDWTI 5VTCJNGPFG 5QPPG WPF 9QNMGP OKV $NKV\GP ÒDGT FGT 5VCFVCPUKEJV XQP *CODWTI OKV FGO *CHGP KO 8QTFGTITWPF 5EJKHHG OO I )CGF 4 8QT\ÒINKEJ

2171

2172

2173

5KNDGTOGFCKNNG CWH FKG #PYGUGPJGKV FGU <CTGP 2GVGT + WPF CWH FGP $TCPF KP #NVQPC 5VTCJNGPFGT 0COG ,GJQXCU <GJP <GKNGP 5EJTKHV OO I )CGF (GKPG 2CVKPC XQT\ÒINKEJ

4GKEJUVCNGT OKV 6KVGN XQP (TCP\ + CWH FKG ,CJTHGKGT FGU 9GUVH·NKUEJGP (TKGFGPU &CX &GVJ 1TF )CGF 8QT\ÒINKEJ

*#0#7

*#0#7 /ª0<'0$'4) )4#(5%*#(6

2JKNKRR 4GKPJCTF )WNFGP -TGW\GT &CX 5WEJKGT

5GJT UEJÌP

2174 Æ

*'.)1.#0&

5KNDGTOGFCKNNG XQP , 6CWVGPJC[P CWH FKG 5KGIG FGU ÌUVGTTGKEJKUEJGP #FOKTCNU 9KNJGNO (TGK JGTT XQP 6GIGVVJQHH ÒDGT FKG &·PGP DGK *GNIQNCPF WPF ÒDGT FKG +VCNKGPGT DGK .KUUC 7PK HQTOKGTVGU $TWUVDKNF FGU #FOKTCNU JCNDT 5KGIGUIÌVVKP OKV .QTDGGTMTCP\ KP FGT GTJQDGPGP 4GEJVGP WPF OKV 2CNO\YGKI KO NKPMGP #TO TGKVGV N CWH GKPGO 5GGRHGTF KP FGP (NWVGP OO 5NI /QP VGPWQXQ 9WT\DCEJ 8QT\ÒINKEJ

9KNJGNO (TGKJGTT XQP 6GIGVVJQHH KP /CTDWTI CP FGT &TCW Ó KP 9KGP YCT ÌUVGTTGKEJKUEJ WPICTKUEJGT #FOKTCN 'T HÒJTVG KO )GHGEJV DGK *GNIQNCPF FCU \WT 7PVGTUVÒV\WPI FGT RTGWKUEJGP 5EJKHHG GKPIGUGV\VG ÌUVGTTGK EJKUEJG )GUEJYCFGT IGIGP FKG F·PKUEJGP $NQEMCFGUVTGKVMT·HVG CP WPF UKGIVG XQT .KUUC FWTEJ UGKPG 4COOVCMVKM ÒDGT FKG KVCNKGPKUEJG (NQVVG 5GKV YCT GT %JGH FGT /CTKPGUGMVKQP FGU -TKGIUOKPKUVGTKWOU

169

*'00'$'4) )4#(5%*#(6

2177

2175

2176

*'00'$'4)

#PVGKN 5CEJUGP )QVJC WPF 9GKOCT 6CNGT +NOGPCW #WUDGWVG FGT )TWDGP KP +NOGPCW &CX /ÒUGNGT I XCT 5GJT UEJÌP

*'55'0 *'55'0 /#4$74) .#0&)4#(5%*#(6

.WFYKI +8 4GKEJUVCNGT /CTDWTI I $TWUVDKNF HCUV X X \YKUEJGP FGT IG VGKNVGP ,CJTGU\CJN &TGKHCEJ DGJGNOVGU XKGTHGNFKIGU 9CRRGP OKV /KVVGNUEJKNF &CX 5EJÒV\ 44 *ÒDUEJG 2CVKPC MN 5EJTÌNVKPIUHGJNGT UGJT UEJÌP

*'55'0 -#55'. .#0&)4#(5%*#(6 5'+6 -74(ª456'067/

9KNJGNO 8 4GKEJUVCNGT -CUUGN I )GJCTPKUEJVGU $TWUVDKNF X X \W FGP 5GKVGP FGU -QRHGU \YKUEJGP CEJVUVTCJNKIGP 5VGTPEJGP #001 &TGKHCEJ DGJGNOVGU 9CRRGP WPVGP N FCU /ÒP\OGKUVGT\GKEJGP XGTUEJNWPIGPGU 65 6GTGPVKWU 5EJOKFV /ÒP\OGKUVGT KP -CUUGN &CX 5EJÒV\ 4 5GJT CVVTCMVKXGU 'ZGORNCT OKV JÒDUEJGT 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

2178

2179

4GKEJUVCNGT -CUUGN 9GKFGPDCWOVCNGT 5EJÒV\

44 -N *GPMGNURWT UGJT UEJÌP

-CTN 5KNDGTCDUEJNCI XQP FGP 5VGORGNP FGU &QRRGNFWMCVGP CWH FGP 6QF UGKPGT 5EJYGUVGT 'NKUCDGVJ *GPTKGVVG I $TWUVDKNF UGKPGT 5EJYGUVGT T -TQPG ÒDGT 2QUVCOGPV OKV 5EJTKHV WPVGP 6QVGPMQRH 5EJÒV\ (CUV XQT\ÒINKEJ 'NKUCDGVJ *GPTKGVVG Ó JGKTCVGVG CO #WIWUV FGP -WTRTKP\GP WPF UR·VGTGP -WTHÒT UVGP (TKGFTKEJ +++ XQP $TCPFGPDWTI

170

2180

5KNDGTOGFCKNNG WPUKIPKGTV YKTF , 5EJOGNV\KPI \WIGUEJTKGDGP CWH FGP 'PVUCV\ FGT (GUVWPI 4JGKPHGNU WPF 5V )QCTU XQP FGP (TCP\QUGP #PUKEJV FGT (GUVWPI 4JGKPHGNU WPF FGT 5VCFV 5V )QCT KO *KPVGTITWPF FGT 4JGKP KO 8QTFGTITWPF HNKGJGPFG HTCP\ÌUKUEJG 6TWRRGP 8QP 9QNMGP XGTFGEMVG 5QPPG FCTWPVGT GKPG XGTYGNMVG .KNKG 5[ODQNG HÒT FGP 5QPPGPMÌPKI WPF FGP HTCP\ÌUKUEJGP 5VCCV OO I 5EJÒV\ 4 *ÒDUEJG 2CVKPC YKP\ 4CPFHGJNGT HCUV XQT\ÒINKEJGU 'ZGORNCT #WH FGT 8QTFGTUGKVG FGT XQTNKGIGPFGP /GFCKNNG HKPFGV OCP FKG 9QTVG 0'% #741 PKEJV FWTEJ )QNF FKG UKEJ FCTCWH DG\KGJGP FC .CPFITCH 'TPUV \W 4JGKPHGNU 5QJP FGU .CPFITCHGP /QTKV\ XQP FGP (TCP\QUGP HÒT FKG ªDGT ICDG 4GKEJUVCNGT IGHQTFGTV JCV FKG (TCP\QUGP CDGT PWT GKPG L·JTNKEJG 4GPVG XQP 6CNGTP \CJNGP YQNNVGP YQOKV 'TPUV PKEJV GKPXGTUVCPFGP YCT $GKO *GTCPPCJGP FGT (TCP\QUGP HNQJ GT PCEJ -ÌNP YQFWTEJ PWP GTUV .CPFITCH -CTN KP FKG .CIG XGTUGV\V YWTFG 4JGKPHGNU \W DGUGV\GP 'TPUV UVCTD DGTGKVU KO /CK KO #NVGT XQP ,CJTGP

2181

2183

2184

(TKGFTKEJ + 5KNDGTOGFCKNNG XQP ' , -TWNN WPF XGTOWVNKEJ % . 5EJKNF CWH FKG 8GTO·JNWPI UGKPGU 0GHHGP (TKGFTKEJ UR·VGT (TKGFTKEJ ++ 5QJP 9KNJGNOU 8+++ OKV /CTKC 6QEJVGT )GQTIU ++ XQP $TCWPUEJYGKI %CNGPDGTI *CPPQXGT WPF -ÌPKI XQP )TQDTKVCPPKGP &KG CPGKPCPFGT IGNGJPVGP XGT\KGTVGP 9CRRGPUEJKNFG XQP )TQDTKVCPPKGP WPF *GUUGP -CUUGN KO #DUEJPKVV CEJV <GKNGP 5EJTKHV &KG IGMTÌPVG 2TKP\GUUKP WPF FGT IGMTÌPVG TÌOKUEJ IGJCTPKUEJVG .CPFITCH TGKEJGP UKEJ FKG *·PFG ÒDGT GKPGO DTGPPGPFGP #NVCT OO I $TQEMOCPP 5EJÒV\ 4 5EJÌPG 2CVKPC UGJT UEJÌP

(TKGFTKEJ ++ .QV 4GKEJUVCNGT 6CNGT 6CNGT 6CNGT 6CNGT #NDWU *GNNGT 5VÒEM 5GJT UEJÌPpXQT\ÒINKEJ WPF XQT\ÒINKEJ

9KNJGNO +: + -QPX 6CNGT *CPCW #WUDGWVG FGT $KGDGTGT )TW DGP -QRH T 9CRRGP &CX /ÒUGNGT C 5EJÒV\ .GKEJV LWUVKGTV UGJT UEJÌPpXQT\ÒINKEJ

9KNJGNO + 5KNDGTOGFCKNNG WPUKIPKGTV 8QNMUOGFCKNNG CWH FKG 4ÒEMMGJT FGU -WTHÒT UVGP -QRH T )GMTÌPVGT .ÌYG XQT 6TQRJ·GP KO *KPVGTITWPF $GTI OKV CWHIGJGPFGT 5QPPG OO I 4 (GKPG 2CVKPC XQT\ÒINKEJ

171

2185

2186

*'55'0 &#4/56#&6 .#0&)4#(5%*#(6 5'+6 )4155*'4<1)67/

.WFYKI + -TGW\GT #-5 , C /KP 5EJTÌVNKPIUHGJNGT UGJT UEJÌPpXQT\ÒINKEJ

*'55'0 *1/$74) .#0&)4#(5%*#(6

.WFYKI 9KNJGNO (TKGFTKEJ )WNFGP #-5 ,

8QT\ÒINKEJ

2187

2188

(GTFKPCPF 8GTGKPUVCNGT #-5 &CX -CJPV 6JWP *ÒDUEJG 2CVKPC XQT\ÒINKEJp5VGORGNINCP\

56#&6

2188

*+.&'5*'+/

6TCIDCTG 5KNDGTOGFCKNNG XQP $TCWPUEJYGKI %CNGPDGTI *CPPQXGT )GQTI (TKGFTKEJ #WIWUV CNU 2TKP\TGIGPV UR·VGT )GQTI +8 9CVGTNQQ /GFCKNNG IGUVKHVGV HÒT CNNG -TKGIGT FGT YGNHK UEJGP 'TDNCPFG FKG CP FGT 5EJNCEJV DGK 9CVGTNQQ VGKNIGPQOOGP JCVVGP $ÒUVG )GQTIU T OKV .QTDGGT MTCP\ WPF WOIGNGIVGO /CPVGN <YGK <GKNGP 5EJTKHV QDGP 6TQRJ·GP WPVGP IGMTGW\VG .QTDGGT\YGKIG /KV 4CPFITCXWT 51.&#6 (4+'&4 .1((.'4 .#0&9'*4 $#6#+..10 *+.&'5*'+/ OO I $TQEMOCPP \W 4 /KV *GPMGN WPF ¤UG 5EJÌP

2189

*1*'0.1*' *1*'0.1*' -+4%*$'4) )4#(5%*#(6 5'+6 (ª456'067/

172

-CTN #WIWUV 4GKEJUVCNGT 0ÒTPDGTI I )GJCTPKUEJVGU $TWUVDKNF T &TGKHCEJ DGJGNOVGU XKGTHGNFKIGU 9CRRGP OKV /KVVGNUEJKNF #NDTGEJV &CX *GTTNKEJG 2CVKPC XQT\ÒINKEJGU 'ZGORNCT

2190

,'8'4

*'445%*#(6

,QJCPP 4WFQNH XQP #PJCNV <GTDUV 4GKEJUVCNGT ,GXGT CWH UGKPGP 6QF I )GJCT PKUEJVGU $TWUVDKNF T OKV (GNFDKPFG 8KGTHCEJ DGJGNOVGU \YÌNHHGNFKIGU 9CRRGP &CX /CPP 4 5GJT UEJÌP

2192

2191

%CTN 9KNJGNO XQP #PJCNV <GTDUV 6CNGT WPDGUVKOOVG /ÒP\UV·VVG I )GJCTPKUEJVGU LWIGPFNKEJGU $TWUVDKNF T OKV WOIGNGIVGO /CPVGN (ÒTUVGPJWV ÒDGT HGNFKIGO 9CRRGP UEJKNF \W FGP 5GKVGP WPF FCU /ÒP\OGKUVGT\GKEJGP % 2 %JTKUVKCP 2HCJNGT CPJCNVKUEJGT /ÒP\ OGKUVGT HÒT ,GXGT QFGT DKU EC WPVGP KP 1XCN WOJGT 5EJTKHV +0 &1/+01 Ù (+ &7%+# 01564# &CX FQTV WPVGT #PJCNV /CPP SSS /GT\FQTH 44 5GJT UEJÌP

,ª.+%* -.'8' $'4)

,ª.+%* $'4) *'4<1)67/

9KNJGNO +8 $CWUEJG /ÒNJGKO 0QUU

4 9KP\ 2T·IGUEJY·EJG UGJT UEJÌP

2193

9KNJGNO 8 6CNGT Q , /ÒNJGKO 0QUU I XCT

2194

44 (CUV UGJT UEJÌP

/CZKOKNKCP ,QUGRJ XQP $C[GTP 6CNGT .CPFOÒP\G #-5 , ªDGTFWTEJUEJPKVVNKEJ GTJCNVGP -N 5VGORGNHGJNGT XQT\ÒINKEJ

$'4) *'4<1)67/ 5'+6 )4155*'4<1)67/

173

2195

-'/26'0

56#&6

6CNGT OKV 6KVGN -CTNU 8 *CGTVNG XCT 0CW XCT 4 #VVTCMVKXG 2CVKPC MN 2T·IGUEJY·EJG UGJT UEJÌPpXQT\ÒINKEJ

1,5:1

5KGIHTKGF XQP 9GUVGTDWTI 2HGPPKI &GWV\ I $KUEJQH OKV $WEJ WPF -TWOOUVCD UKV\V X X *GKNKIGPMQRH KP GKPGO IGRGTNVGO &TGKGEM KP FGUUGP 9KPMGNP LG GKP -TGW\EJGP .ÒEMIGT 0CEJVTCI \W -ÌNP + -GPPGRQJN (WPF XQO $QWTVCPIGT /QQT KP *CODWTIGT $GKVT·IG \WT 0W OKUOCVKM *GHV +++ 0T 8QP ITQGT 5GNVGPJGKV 5GJT UEJÌP

2198

2197

1,5:1

-¤.0

'4<$+567/

2196

-QPTCF XQP *QEJUVCFGP &GPCT #VVGPFQTP I $TWUVDKNF FGU 'T\DK UEJQHU OKV /KVTC -TWOOUVCD WPF /QPFUKEJGN X X )GD·WFG FCTCWH 6WTO \YKUEJGP \YGK (CJPGP *·XGTPKEM 4 -N 5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌP

'PIGNDGTV ++ XQP (CNMGPDWTI &GPCT #VVGPFQTP I 'T\DKUEJQH OKV /KVTC -TWOOUVCD WPF $WEJ VJTQPV X X ÒDGT FGO $WEJ /QPFUKEJGN /CWGT OKV 6QT FCTÒDGT $TWUV DKNF GKPGU *GKNKIGP OKV 0KODWU WPF \YGK -TGW\HCJPGP *·XGTPKEM 44 -N 2T·IGUEJY·EJG UGJT UEJÌPpXQT\ÒINKEJ

2199

2200

4WRTGEJV 2HCN\ITCH DGK 4JGKP $NCPMGP Q , &GWV\ 0QUU NGKEJV XCT 4 5GJT UEJÌP

/CZKOKNKCP (TKGFTKEJ XQP -ÌPKIUGII -QPX 6CNGT &CX 0QUU 4 .GKEJV LWUVKGTV UGJT UEJÌP

174

2201

.#7'0$74)

*'4<1)67/

(TCP\ ++ $TGKVGT FQRRGNVGT 4GKEJUVCNGT Q , CD .CWGPDWTI I 'KP CWH FKG 5RKV\G IGUVGNNVGU &TGKGEM KP FGP KPPGTGP 9KPMGNP (GWGTDCNN <GKEJGP FGU 9CUUGTOCPPU 5CNCOCPFGT KP FGT /KVVG 5EJTKHVMTGKU XQP -TCP\ WOIGDGP WOJGT 5EJTKHV &TGKGEM KP FGO \YGK CWU 9QNMGP MQOOGPFG #TOG IGOGKPUCO GKP 5EJYGTV GORQTJCNVGP WOJGT 5VTCJNGP WPF 5EJTKHV &CX &QTH OCPP 5EJPGG # 44 5EJÌPG 6ÌPWPI YKP\KIGU UCWDGT IGUVQRHVGU .QEJ FGPPQEJ CVVTCMVKXGU XQT\ÒINKEJGU 'ZGORNCT

2202

2203

6CNGT .CWGPDWTI OKV 6KVGN XQP /CVVJKCU &QTHOCPP C NGKEJV XCT 5GNVGP KP FKGUGT 'TJCNVWPI 9KP\ 2T·IGUEJY·EJG XQT\ÒINKEJ

#WIWUV -KRRGT -TGW\GT OKV 6KVGN (GTFKPCPFU ++ $CNMGPUEJKNF &QRRGNCFNGT OKV 4GKEJUCRHGN CWH FGT $TWUV FCTKP < CPUVCVV ) &QTHOCPP C XCT 5NI -TCC\ 8QP ITQGT 5GNVGPJGKV 'VYCU (WPFDGNCI UGJT UEJÌP

2204

2206 2205

.+22' )4#(5%*#(6 5'+6 (ª456'067/

5KOQP *GKPTKEJ 2HGPPKI Q , /KV 9GTV\CJN )TQVG 8QP ITQGT 5GNVGPJGKV 8QT\ÒINKEJ

2CWN (TKGFTKEJ 'OKN .GQRQNF 8GTGKPUVCNGT #-5 &CX -CJPV 6JWP 8QT\ÒINKEJp5VGORGNINCP\

56#&6

.ª$'%-

9KVVGP Q , PCEJ FGO 4G\G XQP I &QRRGNCFNGT -TGW\ KP FGT /KVVG GKP UEJNKEJVGT -TGKU FCTKP GKP UGEJUUVTCJNKIGT 5VGTP $GJTGPU 4 5GJT UEJÌP

175

2207

2209

2208

6CNGT OKV #D\GKEJGP FGU $ÒTIGTOGKUVGTU )QVVJCTF XQP *ÌXGNP $GJTGPU C E &CX (GKPG 2CVKPC UGJT UEJÌP

6CNGT OKV #D\GKEJGP FGU $ÒTIGTOGKUVGTU #PVQP XQP 5VKVGP $GJTGPU C NGKEJV XCT &CX 5VGORGNHGJNGT CO 4CPF UGJT UEJÌP

5EJKNNKPI OKV #D\GKEJGP FGU $ÒTIGTOGKUVGTU *GKPTKEJ $CNGOCPP $GJTGPU \W &CX , 5NI &T &WOONGT 7PGFKGTV -N 2T·IGUEJY·EJG KO 4CPFDGTGKEJ UGJT UEJÌP

+P FGT .KVGTCVWT YGEJUGNV CD FGO ,CJT FKG &CTUVGNNWPI FGU 9CRRGPU CWH FGT 8QTFGTUGKVG 'U N·WHV WPVGP URKV\ \W WPF KUV CWU 4CPMGP IGDKNFGV &CU XQTNKGIGPFG 5VÒEM LGFQEJ \GKIV PQEJ FCU 9CRRGP FGT HTÒJGTGP ,CJTI·PIG

UKGJG ,

2211

2212 2210

4GKEJUVCNGT OKV 6KVGN ,QUGHU ++ WPF FGO #D\GKEJGP FGU $ÒTIGTOGKUVGTU &CPKGN *CGMU $GJTGPU D &CX (GKPG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

56#&6

176

.ª0'$74)

9KVVGP Q , ! $GKFGTUGKVU FGT PCEJ N UEJTGKVGPFG .ÌYG $CJTH

4'+%*5/ª0<56 66'

2210

44 5GJT UEJÌP

/#)&'$74)

#PQP[O &GPCT ,CJTJWPFGTV I )GMTÌPVGT -QRH T /CWGT OKV 6QT QDGP WPF \W FGP 5GKVGP LG GKP 6WTO &CPPGPDGTI G 5NI $QPJQHH .GKEJV IGYGNNV MN 2T·IGUEJY·EJG UGJT UEJÌP

2214

2213

'4<$+567/

9KEJOCPP XQP 5GGDWTI $TCMVGCV I $TWUVDKNF FGU JGKNKIGP /QTKV\ X X OKV 2CNO \YGKI WPF (CJPG \YKUEJGP \YGK -TGW\GP CWH $QIGP FCTWPVGT 6WTO T KO (GNF .KNKG $GTIGT 5NI *CWUYCNFV 5WJNG 5GJT UEJÌPpXQT\ÒINKEJ

56#&6

6CNGT X 5EJT XCT

.GKEJV LWUVKGTV MN 2T·IGUEJY·EJG XQT\ÒINKEJ

2215 2216

6CNGT &CX X 5EJT

'4<$+567/

/KP (WPFDGNCI CO 4CPF UGJT UEJÌP

/#+0<

5KGIHTKGF +++ XQP 'RRUVGKP $TCMVGCV (TKV\NCT I $TWUVDKNF GKPGU )GKUVNKEJGP WPVGT FTGKVGKNKIGO )GD·WFG OKV FTGK $ÌIGP \YKUEJGP \YGK YGKVGTGP -ÌRHGP $GTIGT 5NI 9CNVJGT 4 2CVKPC MN 5EJTÌVNKPIUHGJNGT CO 4CPF XQT\ÒINKEJ

2218

2217

/#05('.& /#05('.& (4+'&'$74) )4#(5%*#(6

2GVGT 'TPUV + $TWPQ ++ )GDJCTF 8+++ WPF ,QJCPP )GQTI +8 4GKEJUVCNGT 'KUNGDGP &CX 6QTPCW D 5GJT UEJÌP

56#&6

/#45$'4)

6CNGT OKV 6KVGN 4WFQNHU ++ 5VCFGNOCKGT

5GJT UEJÌP

177

2219

2220

/'%-.'0$74)

/'%-.'0$74) (ª456'067/ 5'+6 *'4<1)67/

5GJT UEJÌP

#NDTGEJV 8++ &QRRGNUEJKNNKPI )ÒUVTQY -WP\GN ) H 4 -N 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

/CIPWU ++ WPF $CNVJCUCT &QRRGNUEJKNNKPI Q , )ÒUVTQY -WP\GN # E

2222

2221

*GKPTKEJ 8 &QRRGNUEJKNNKPI )TGXGUOÒJNGP -WP\GN % C 9KP\ 2T·IGUEJY·EJG UGJT UEJÌP

6CNGT )TGXGUOÒJNGP &CX -WP\GN $ C 9KP\ 5EJTÌVNKPIUHGJNGT YKP\ -TCV\GT UGJT UEJÌP

2223

2224

/'%-.'0$74) 5%*9'4+0 *'4<1)67/ 5'+6 )4155*'4<1)67/

(TKGFTKEJ (TCP\ ++ 8GTGKPUVCNGT L·JTKIGU 4GIKGTWPIULWDKN·WO #-5 &CX -CJPV 6JWP (CUV 5VGORGNINCP\

#FQNH (TKGFTKEJ +8 5KNDGTOGFCKNNG XQP , #DTCJCO CWH FKG 8GTO·JNWPI UGKPGT 5EJYGUVGT 5QRJKG %JCTNQVVG -CTQNKPG OKV )GQTI +++ -ÌPKI XQP )TQDTKVCPPKGP WPF -WTHÒTUV XQP *CPPQXGT $ÒUVGP FGU 2CCTGU PGDGPGKPCPFGT T &KG RGTUQPKHK\KGTVG $TKVCPPKC QRHGTV XQT GKPGO 6GO RGN KP FGT .KPMGP J·NV UKG GKPGP 5VCD OKV (TGKJGKVUOÒV\G KO *KPVGTITWPF 5GIGNUEJKHH OO I $TQEMOCPP 'XGTU *QHHOCPP -WP\GN 5NI )CGVVGPU -N 4CPFHGJNGT WPF -TCV\GT GVYCU DGTKGDGP UGJT UEJÌP

/'%-.'0$74) 564'.+6< *'4<1)67/ 5'+6 )4155*'4<1)67/

&KG 8GTO·JNWPI FGU 2CCTGU HCPF CO 5GRVGODGT UVCVV +P FGT 5EJTKHV KO #DUEJPKVV FGT 4ÒEMUGKVG KUV CNNGT FKPIU FGT 5GRVGODGT CPIGIGDGP $TQEMOCPP XGTOWVGV FC FKGU FGT WTURTÒPINKEJ CPIGUGV\VG 6GTOKP FGT *QEJ\GKV YCT

178

2225

2226

(TKGFTKEJ 9KNJGNO 8GTGKPUVCNGT #-5 &CX -CJPV 6JWP 2TCEJVGZGORNCT (GKPG 2CVKPC 'TUVCDUEJNCI HCUV 5VGORGNINCP\

/+0&'0

56#&6

5KNDGTOGFCKNNG WPUKIPKGTV XQP $GCOVGP FGT RTGWKUEJGP #TOGG KP 2CTKU WPVGT .GKVWPI FGU )G PGTCNKPVGPFCPVGP (TKGFTKEJ XQP 4KDDGPVTQR IGYKFOGV FGO -ÌPKI (TKGFTKEJ 9KNJGNO +++ XQP 2TGWGP \WO )GDWTVUVCI &GT IGMTÌPVG RTGWKUEJG #FNGT OKV IGMTÌPVGO /QPQITCOO CWH FGT $TWUV WPF $NKV\ KP FGP (·PIGP FCTÒDGT FCU UVTCJNGPFG 'KUGTPG -TGW\ 5GEJU <GKNGP 5EJTKHV FCTÒDGT .QTDGGT\YGKIG FCTWPVGT 'KEJGP\YGKIG /KV 4CPFITCXWT » $.ª%*'4 » 5%*#40*1456 » )0'+5'0#7 » *#4&'0$'4) OO I /CTKGPDWTI 5VCPIG 5EJÌPG 6ÌPWPI XQT\ÒINKEJ

(TKGFTKEJ XQP 4KDDGPVTQR Ó YCT 2T·UKFGPV FGT 1DGTTGEJPWPIUMCOOGT KP $GTNKP WPF CNU RTGWKUEJGT 5VCCVUDGCOVGT W C CWEJ KP /KPFGP V·VKI &KG KP FGT 4CPFITCXWT GTY·JPVGP 0COGP UKPF FKG FGU 5VCCVUOKPKUVGTU XQP *CTFGPDGTI UQYKG FGT )GPGT·NG $NÒEJGT 5EJCTPJQTUV WPF )PGKUGPCW

2227

2228

2230

/ª056'4

$+567/

2229

,CJTJWPFGTV 2HGPPKI CD EC /ÒPUVGT I )GD·WFG OKV TWPFGO 6QT FCTÒDGT GKP JQJGT /KVVGNVWTO \YKUEJGP \YGK MNGKPGTGP -WRRGNVÒTOGP -TGW\ KP FGP 9KPMGNP LG GKPG -WIGN +NKUEJ +++ 5GJT UEJÌP

(4'/&'5 )'.& &#5 +0 /ª056'4 )')'0)'56'/2'.6 974&'

#PMNCO 5VCFV 9KVVGP Q , XQT OKV )GIGPUVGORGN 2CWNWUMQRH CWH FGT 4ÒEMUGKVG ,GUUG XCT -TWU[ / C 2GWU XCT 5GJT UEJÌP

#PMNCO 5VCFV 9KVVGP Q , PCEJ FGO 4G\G XQP OKV )GIGPUVGORGN 2CWNWUMQRH CWH FGT 4ÒEMUGKVG ,GUUG -TWU[ / D 2GWU 5GJT UEJÌP

.ÒPGDWTI 5VCFV 9KVVGP Q , PCEJ OKV )GIGPUVGORGN 2CWNWUMQRH CWH FGT 8QTFGTUGKVG ,GUUG -TWU[ / I 2GWU 5GJT UEJÌP

2231

2232

5VTCNUWPF 5VCFV 9KVVGP Q , XQT OKV )GIGPUVGORGN 2CWNWUMQRH CWH FGT 4ÒEMUGKVG ,GUUG -TWU[ / L 2GWU XIN 5GJT UEJÌP

7VTGEJV $KUVWO (TKGFTKEJ XQP $NCPMGPJGKO )TQUEJGP Q , &GXGPVGT OKV )GIGPUVGORGN 2CWNWUMQRH CWH FGT 8QTFGTUGKVG -TWU[ / 2GWU XCT X F %JKLU 6H (CUV UGJT UEJÌP

179

2233

2234

2235 Æ

56#&6 /ª056'4

6CNGT 9KGFGTV·WHGT 2T·IWPI FGU ,CJTJWPFGTVU &CX )GKUDGTI XCT (GKPG 2CVKPC XQT\ÒINKEJ

&KG 9KGFGTV·WHGTVCNGT UKPF KOOGT YKGFGT PCEJIGRT·IV YQTFGP \WO GKPGP XQP FGO )QNFUEJOKGF , 2QVVJQHH

Ó \WO CPFGTGP XQP FGO /ÒP\OGKUVGT ' -GVVGNGT WO 'U IKDV CWEJ WPUKIPKGTVG 5VÒEMG YKG FKGUGU WPF FCU HQNIGPFG 'ZGORNCT &KGUG YKG CWEJ FKG -GVVNGTUEJGP 2T·IWPIGP FÒTHVGP CNU 5QWXGPKTU HÒT FKG )G UCPFVGP FGU (TKGFGPUMQPITGUUGU WPF KJTGP #PJCPI DGUVKOOV IGYGUGP UGKP

HCEJGT 6CNGT 9KGFGTV·WHGT 2T·IWPI FGU ,CJTJWPFGTVU I &CX #PO )GKUDGTI 5GJT CVVTCMVKXGU 'ZGORNCT OKV JÒDUEJGT 2CVKPC -N 5VGORGNHGJNGT XQT\ÒINKEJ

-W 2HGPPKI 2GWU C XCT OKV *CNDOQPFGP 9GKPI

44 5GJT UEJÌP

2237 2236

'KPUGKVKIG 4GKEJUVCNGTMNKRRG IGRT·IV Y·JTGPF FGT $GNCIGTWPI FWTEJ %JTKUVQRJ $GTPJCTF XQP )CNGP I $TCWUG /CPUHGNF 6H 2GWU 5GJT UEJÌP

&'4 9'56( .+5%*' (4+'&'0 810 /ª056'4 70& 150#$4ª%-

180

/ÒPUVGT 5VCFV 5KNDGTOGFCKNNG XQP ' -GVVGNGT CWH FGP 9GUVH·NKUEJGP (TKGFGP 5VCFVCPUKEJV XQP /ÒPUVGT FCTÒDGT 2CNO WPF .QTDGGT\YGKI IGMTGW\V &TGK 6CWDGP FKG FGP -CKUGT (TCPMTGKEJ WPF 5EJYGFGP U[ODQNKUKGTGP JCNVGP OKV KJTGP 5EJP·DGNP LG GKPGP ¤N\YGKI ÒDGT GKP -KUUGP CWH FGO -TQPG WPF <GRVGT NKGIGP OO I &GVJ 1TF 2CZ KP 0WOOKU 2TCEJVGZGORNCT OKV JGTTNKEJGT 2CVKPC 8QT\ÒINKEJp5VGORGNINCP\

2239

2238 Sn

2HCN\ -WTHÒTUVGPVWO <KPP 5WKVGPOGFCKNNG Q , WPUKIPKGTV CWH FGP RH·N\KUEJGP (TKGFGPUIGUCPFVGP ,QCEJKO %COGTCTKWU $TWUVDKNF FGU )GUCPFVGP T $GJGNOVGU 9CRRGP KP -CTVWUEJG OO $GTP JGKOGT &GVJ 1TF 2CZ KP 0WOOKU FQTV KP $NGK /KV -WRHGTUVKHV XQT\ÒINKEJ

0#$$74) /ª0<56 66' &'4 *'4<¤)' 810 $#;'40

*GKPTKEJ ++ FGT (TKGFHGTVKIG &GPCT I /ÒP\OGKUVGTKPKVKCNGP 9+ -TGW\ KP FTGK 9KPMGNP LG FTGK -WIGNP .GVVGTPMKTEJG *CJP # E 5GJT UEJÌP

2242

2241

2240 Æ 1:1,5

56#&6

0ª40$'4)

'KPUGKVKIGU MQNQTKGTVGU <KPPOGFCKNNQP FGU 0ÒTPDGTIGT <KPPIKGGTU ,QJCPP 9QNHICPI *KNRGTV CWH FGP HTCP\ÌUKUEJGP 5VCCVUOCPP ,CESWGU 0GEMGT Z OO .GZKMQP FGT DKNFGPFGP -ÒPUVNGT $CPF 5 H 8QT\ÒINKEJG #TDGKV

5KNDGTOGFCKNNG Q , WO XQP ) *CWVUEJ CWH FKG *QEJ\GKV 'KP LWPIGU 2CCT YKTF XQP GKPGO D·TVKIGP /CPP IGVTCWV N GKP 5EJWV\GPIGN T GKP 6TCW\GWIG QDGP 5VTCJNGP 'KP LWPIGU 2CCT MPKGV DGVGPF XQT GKPGO DTGPPGPFGP &TGKHW N HGUUGNV GKP 'PIGN GKPGP IGHNÒIGNVGP 6GWHGN KO *KPVGTITWPF 'JGDGVV OO I 5NI 'TNCPIGT FQTV KP )QNF 8QT\ÒINKEJ

-QPX 6CNGT OKV 6KVGN XQP (TCP\ + &CX -GNNPGT

5GJT UEJÌP

181

2243

2244

2245

5KNDGTOGFCKNNG XQP 2 2 9GTPGT CWH FKG ,CJTHGKGT FGU 4GNKIKQPUHTKGFGPU &KG IGJCTPKUEJVGP $TWUVDKNFGT XQP -CTN 8 WPF (TCP\ + GKPCPFGT IGIGPÒDGT <YGK KPGKPCPFGTITGKHGPFG *·PFG ÒDGT #NVCT OKV 7TMWPFG OO I 5NI 'TNCPIGT 5NI /QPVGPWQXQ 5NI 9JKVKPI (CUV XQT\ÒINKEJ

-QPX 6CNGT OKV 6KVGN XQP (TCP\ + -CKUGTNKEJG -QPVTKDWVKQPURT·IWPI &CX 5NI 'TNCPIGT 5GJT UEJÌP

-QPX 6CNGT OKV 6KVGN ,QUGHU ++ /KV 4CPFUEJTKHV &CX -GNNPGT D 2CVKPC HCUV XQT\ÒINKEJ

2246

2247

2248 Me

-QPX 6CNGT OKV 6KVGN ,QUGHU ++ -GNNPGT -QPX 6CNGT OKV 6KVGN ,QUGHU ++ &CX -GNNPGT E

8GTUKNDGTVGT /GUUKPILGVQP PCEJ 6J 5VGVVPGT CWH FKG $TQV WPF $KGTVGWGTWPI /WVVGT UKV\V HCUV X X OKV \YGK -KPFGTP *CPF CWU 9QNMGP J·NV $TQVYCCIG ÒDGT -QTPICTDG WPF #PMGT OO I 5NI $TGVVCWGT 9KP\ 5EJTÌVNKPIUHGJNGT HCUV 5VGORGNINCP\

182

2TCEJVGZGORNCT 5VGORGNINCP\ 5GJT UEJÌPpXQT\ÒINKEJ

2249 2250

2250

¤66+0)'0 )4#(5%*#(6

¤66+0)'0

-CTN 9QNHICPI .WFYKI :8 WPF /CTVKP 6CNGT OKV 6KVGN -CTNU 8 I $GJGNOVGU 9CRRGP \W FGP 5GKVGP )GMTÌPVGT &QRRGNCFNGT .ÌHHGNJQN\ 5EJWNVGP 8QP ITÌVGT 5GNVGPJGKV *GTTNKEJG 2CVKPC HCUV XQT\ÒINKEJ

1.&'0$74) )4#(5%*#(6 5'+6 *'4<1)67/ #$ )4155*'4<1)67/

#PVQP )ÒPVJGT )WNFGP 5VÒDGT Q , ,GXGT OKV 6KVGN .GQRQNFU + $GPFKI &CX -CNXGNCIG 6TKRRNGT D 4 5GJT UEJÌP

2252

2251

2CWN (TKGFTKEJ #WIWUV 6CNGT #-5 &CX -CJPV 6JWP 5GJT UEJÌPpXQT\ÒINKEJ

0KEQNCWU (TKGFTKEJ 2GVGT 8GTGKPUVCNGT #-5 &CX -CJPV 6JWP 5GJT UEJÌP

2253

2254

2255

8GTGKPUVCNGT #-5 &CX -CJPV 6JWP 8GTGKPUVCNGT #-5 &CX -CJPV 6JWP

(GKPG 2CVKPC XQT\ÒINKEJ (CUV 5VGORGNINCP\

8GTGKPUVCNGT #-5 &CX -CJPV 6JWP 2CVKPC XQT\ÒINKEJ XQT\ÒINKEJp5VGORGNINCP\

183

2256

$+567/

150#$4ª%-

'TPUV #WIWUV + XQP $TCWPUEJYGKI .ÒPGDWTI 5KNDGTOGFCKNNG Q , WPUKIPKGTV )GJCT PKUEJVGU $TWUVDKNF T OKV WOIGNGIVGO /CPVGN &CU XQP FGT 5QPPG DGUVTCJNVG 1UPCDTÒEMGT 4CF CWH 'TFJCNDMWIGN OO I $TQEMOCPP -GPPGRQJN 5GJT UEJÌPpXQT\ÒINKEJ

2257

5KNDGTOGFCKNNG WPUKIPKGTV XQP 4 $QTPGOCPP CWH UGKPGP 4GIKGTWPIUCPVTKVV KP *CPPQXGT )G JCTPKUEJVGU $TWUVDKNF T OKV WOIGNGIVGO /CPVGN &CU XQP GKPGT *CPF CWU 9QNMGP CP GKPGO $CPF IGHÒJTVG 1UPCDTÒEMGT 4CF TQNNV CO /GGTGUWHGT GPVNCPI N 2CNOG KO *KPVGTITWPF (GNUGP WPF 5GIGN UEJKHH CWH /GGT OO I $TQEMOCPP -GPPGRQJN 9KP\ &TWEMUVGNNG UGJT UEJÌP

$GK FKGUGT WPF FGT XQTJGTIGJGPFGP 5KNDGTOGFCKNNG JCPFGNV GU UKEJ WO YGNHKUEJG 2T·IWPIGP FKG -GPPGRQJN PKEJV CWHIGPQOOGP JCV &GT $G\WI \W 1UPCDTÒEM YKTF CDGT CWH FGT /ÒP\G FWTEJ FCU 1UPCDTÒEMGT 4CF MNCT JGTXQTIG JQDGP 'U GTUEJKGP WPU FCJGT ICP\ TGK\XQNN FCU 5VÒEM CP FKGUGT 5VGNNG CP\WDKGVGP 'TPUV #WIWUV 0QXGODGT CWH 5EJNQ *GT\DGTI Ó ,CPWCT CWH 5EJNQ *GTTGPJCWUGP )GO· FGT KO 9GUVH·NKUEJGP (TKGFGP XGTGKPDCTVGP #NVGTPCVKX 5WEEGUUKQP CNUQ FGT YGEJUGNPFGP (QNIG XQP GXCPIGNKUEJGP WPF MCVJQNKUEJGP $KUEJÌHGP YWTFG GT GXCPIGNKUEJGT $KUEJQH XQP 1UPCDTÒEM 0CEJ FGO 6QF UGKPGU $TWFGTU ,QJCPP (TKGFTKEJ FGT QJPG O·PPNKEJG 0CEJMQOOGP IGUVQTDGP YCT ÒDGTPCJO GT FKG 4GIKGTWPI WPF XGTNGIVG UGKPG 4GUKFGP\ XQP FGO XQP KJO GTDCWVGP 5EJNQ KP 1UPCDTÒEM PCEJ *CPPQXGT 'T HÒJTVG PCEJ JGHVKIGP #WUGKP CPFGTUGV\WPIGP OKV FGT (COKNKG FCU 'TUVIGDWTVUTGEJV GKP WPF GTJKGNV FKG PGWPVG -WTYÒTFG

2258

184

(TKGFTKEJ XQP ;QTM 5KNDGTOGFCKNNG .QPFQP XQP 6 2KPIQ CWH UGKPG 9CJN \WO $KUEJQH 5RGU UKV\V JCNDT OKV GTJQDGPGT .KPMGP FGP TGEJVGP #TO CWH FGP IGMTÌPVGP 9CRRGPUEJKNF FGU $KUEJQHU IGNGJPV KO *KPVGTITWPF T #NVCT OKV $KUEJQHUOÒV\G 5EJYGTV WPF 5VCD 0GWP <GKNGP 5EJTKHV OO I $TQEMOCPP -GPPGRQJN (GKPG 6ÌPWPI XQT\ÒINKEJ

ex 2259

56#&6

.QV 5COONWPI XQP 0QVIGNF WPF 9GTVOCTMGP FGT 5VCFV WPF FGU -TGKUGU 1UPCDTÒEM FCTWPVGT \CJNTGK EJG 5VÒEMG CWU FGT 5NI -GPPGRQJN *QEJKPVGTGUUCPVG 5COONWPI OKV \CJNTGKEJGP 5GNVGPJGKVGP DKVVG DGUKEJVKIGP 5VÒEM 5GJT UEJÌPpXQT\ÒINKEJ

2260

2261

2262

156(4+'5.#0& 156(4+'5.#0& )4#(5%*#(6 5'+6 (ª456'067/

'F\CTF ++ %JTKUVQRJ WPF ,QJCPP 6CNGT IGRT·IV 'OFGP OKV 6KVGN (GTFKPCPFU + /ÒP\OGKUVGT &KTM +FGP -TWKVMTGOGT &CX -CRRGNJQHH XCT #WGTIGYÌJPNKEJ GTJCNVGPGU 'ZGORNCT *ÒDUEJG 2CVKPC MN 2T·IGUEJY·EJG HCUV XQT\ÒINKEJ

$+567/

2#&'4$140

*GTOCPP 9GTPGT XQP 9QNHH /GVVGTPKEJ \WT )TCEJV 4GKEJUVCNGT 0GWJCWU &CX 5EJYGFG # C 9GKPI 4 (GNFGT OKP IGIN·VVGV UGJT UEJÌP

$+567/

2#55#7

5GFKUXCMCP\ 5KNDGTOGFCKNNG XQP , %JT $WUEJ WPF , . 1GZNGKP 5V 5VGRJCP UKV\V X X OKV $WEJ WPF -TWOOUVCD FCXQT FCU 9CRRGP FGU &QOMCRKVGNU *CPF OKV 5VGKP CWU -TQPG #PUKEJV FGT 5VCFV CWU FGT 8QIGNRGTURGMVKXG OKV FGP FTGK (NÒUUGP +PP &QPCW WPF +N\ WOJGT FKG 9CRRGP FGT &QO JGTTGP OO I -GNNPGT <GRGTPKEM 9KP\ -TCV\GT XQT\ÒINKEJp5VGORGNINCP\

185

2263

2264

.GQRQNF 'TPUV XQP (KTOKCP 5KNDGTPGT ,GVQP \W GKPGO -QPX 6CNGT 4GIGPUDWTI

! CWH UGKPG *WNFKIWPI #EJV <GKNGP 5EJTKHV FCTÒDGT 8GT\KGTWPI -WTJWV ÒDGT 9CRRGP FCTWPVGT -CTVWUEJG OKV XKGT .·OOGTP ÒDGT FKG GKP #TO CWU 9QNMGP GKPGP ¤N\YGKI J·NV OO I -GNNPGT *ÒDUEJG 2CVKPC XQT\ÒINKEJp5VGORGNINCP\

2(#.<

2(#.< -74(ª456'067/

.WFYKI 8 6CNGT *GKFGNDGTI OKV 6KVGN -CTNU 8 5NI /GOOGUJ 4 5GJT UEJÌP

2266 2265

2265

-CTN .WFYKI 4GKEJUVCNGT *GKFGNDGTI &CX 5NI /GOOGUJ 9KP\ *GPMGNURWT (GNFGT OKP IGIN·VVGV UGJT UEJÌPpXQT\ÒINKEJ

2(#.< 0'7$74) *'4<1)67/

9QNHICPI 9KNJGNO 'KPUGKVKIGT -TGW\GT -CNNOÒP\ 0QUU 5NI /GOOGUJ 4 5GJT UEJÌP

2268

2269

2267

)4#(5%*#(6

#PQP[O 'KPUGKVKIGT XKGT\KRHGNKIGT 2HGPPKI I 'DGT UVGJV N WOJGT 2GTNMTGKU OKV &TGKDN·VVGTP DGUGV\V $GTIGT -NGKP 7NOGT %% 44 5GJT UEJÌP

$+567/

2(7..'0&14(

4#6<'$74)

#WIWUV FGT NVGTG XQP $TCWPUEJYGKI &QRRGNUEJKNNKPI 5EJÌPDGTI 9GNVGT 5GJT UEJÌP

#WIWUV FGT NVGTG YWTFG DGTGKVU \WO -QCFLWVQT XQP 4CV\GDWTI IGY·JNV CD PKOOV GT FCU $KUVWO KP $GUKV\ 'TUV CO /CK YKTF GT CNU TGEJVO·KIGT $KUEJQH XQP 4CV\GDWTI CPGTMCPPV +O ,CJTG YKTF GT *GT\QI XQP $TCWPUEJYGKI .ÒPGDWTI %GNNG

)4#(5%*#(6 186

4#8'05$'4)

9QNHICPI 9KNJGNO XQP 2HCN\ 0GWDWTI /CTKGPITQUEJGP Q , $KGNGHGNF 5VCPIG E 44 5GJT UEJÌP

2270 2271

4')'05$74)

56#&6

6TCIDCTG MNKRRGPHÌTOKIG 5KNDGTOGFCKNNG WPUKIPKGTV CWH FCU 0GWG ,CJT 5VCFVYCRRGP KP XGT\KGT VGT 'KPHCUUWPI ,CJTGU\CJN KP GKPGO $NÒVGPMTGKU Z OO I 2NCVQ /KV CNVGO *GPMGN (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP -QPX 6CNGT OKV 6KVGN XQP (TCP\ + $GEMGPD &CX

2272

2271

-QPX 6CNGT OKV 6KVGN XQP (TCP\ + $GEMGPD &CX -QPX 6CNGT OKV 6KVGN XQP (TCP\ + $GEMGPD &CX -QPX 6CNGT OKV 6KVGN ,QUGHU ++ $GEMGPD

-QPX 6CNGT OKV 6KVGN ,QUGHU ++ $GEMGPD &CX -QPX 6CNGT OKV 6KVGN ,QUGHU ++ $GEMGPD &CX

2274

2273

2275

(CUV XQT\ÒINKEJ

5GJT UEJÌPpXQT\ÒINKEJ 5GJT UEJÌPpXQT\ÒINKEJ 8QT\ÒINKEJ

2276

(GKPG 2CVKPC XQT\ÒINKEJ /KP DGTKGDGP HCUV XQT\ÒINKEJ

187

2278

2277

2280

-QPX 6CNGT OKV 6KVGN ,QUGHU ++ $GEMGPD 2TCEJVGZGORNCT OKV HGKPGT 6ÌPWPI 5VGORGNINCP\

4'755 4'755 ,ª0)'4'4 .+0+' )'4# *'445%*#(6

*GKPTKEJ FGT ,ÒPIGTG 4GKEJUVCNGT .QDGPUVGKP CWH UGKPGP 6QF 5EJOKFV -PCD 4 5GJT UEJÌP

.16

4GW 1DGTITGK\ *GKPTKEJ :+++ 8GTGKPUVCNGT 4GW 5EJNGK\ *GKPTKEJ .:8++ 8GTGKPUVCNGT *GKPTKEJ :+8 8GTGKPUVCNGT 6JWP 5VÒEM 5GJT UEJÌP Z WPF XQT\ÒINKEJ

4'+%*5/ª0<56 66'

41669'+.

#PQP[O 'KPUGKVKIGT XKGT\KRHGNKIGT 2HGPPKI I #FNGT -QRH PCEJ N IGYCPFV WOJGT 2GTNMTGKU OKV &TGKDN·VVGTP DGUGV\V $GTIGT -NGKP 7NOGT %% 4 .GKEJV FG\GPVTKGTV 5EJTÌVNKPIUTK UGJT UEJÌP

2281

2282

5#%*5'0 &KG /CTMITCHGP XQP /GKGP CD .CPFITCHGP XQP 6JÒTKPIGP CD -WTHÒTUVGP XQP 5CEJUGP &KG 6GKNWPI KP #NDGTVKPKUEJG WPF 'TPGUVKPKUEJG .KPKG GTHQNIVG &KG #NDGTVKPGT YCTGP CD KO $GUKV\ FGT -WTYÒTFG 5#%*5'0 -74(ª456'067/

(TKGFTKEJ +++ FGT 9GKUG )GQTI WPF ,QJCPP 6CNGT Q , #PPCDGTI -NCRROÒV\GPVCNGT &CX 5EJPGG 44 -N *GPMGNURWT UGJT UEJÌP

(TKGFTKEJ +++ FGT 9GKUG ,QJCPP WPF )GQTI 6CNGT Q , #PPCDGTI -NCRROÒV\GPVCNGT &CX 5EJPGG NGKEJV XCT ªDGTFWTEJUEJPKVVNKEJ GTJCNVGP 9KP\ 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

188

2283

2284

2285 doppelt

,QJCPP WPF )GQTI 6CNGT Q , #PPCDGTI &CX 5EJPGG 4 (GKPG 2CVKPC UGJT UEJÌP

,QJCPP (TKGFTKEJ FGT )TQOÒVKIG 5KNDGTIWOGFCKNNG 9GTMUVCVV * 4GKPJCTV FGU NVGTGP *ÒHVDKNF OKV IGUEJWNVGTVGO 5EJYGTV HCUV X X &TGKHCEJ DGJGNOVGU TGKEJ XGT\KGTVGU 9CRRGP OO I *CDKEJ ++ 5NI /GTUGD #VVTCMVKXG 2CVKPC HGKP \KUGNKGTV MN 4CPFHGJNGT HCUV XQT\ÒINKEJ

&CU 2QTVT·V FGU -WTHÒTUVGP CWH FGT XQTNKGIGPFGP /GFCKNNG IGJV CWH GKPGP *QN\UEJPKVV XQP .WECU %TCPCEJ \WTÒEM

&QRRGNVGT 4GKEJUVCNGT $WEJJQN\ CWH FKG 'KPNÌUWPI FGT $WTIITCHUEJCHV /CIFGDWTI I 6[R 9CRRGP VGKNV FKG 7OUEJTKHV &CX 5EJPGG 4 #VVTCMVKXG 2CVKPC MN 4CPFHGJNGT UGJT UEJÌP

2286

2287

,QJCPP (TKGFTKEJ FGT )TQOÒVKIG WPF 2JKNKRR FGT )TQOÒVKIG XQP *GUUGP 6CNGT )QUNCT 5EJOCNMCNFKUEJGT $WPFGUVCNGT &CX 5EJPGG 5EJÒV\ XCT -N $GCTDGKVWPIUUVGNNG KO (GNF UGJT UEJÌP

%JTKUVKCP ++ ,QJCPP )GQTI + WPF #WIWUV 4GKEJUVCNGT &TGUFGP &CX 5EJPGG 5GJT UEJÌP

189

2289

2288 doppelt

&QRRGNVGT 4GKEJUVCNGT &TGUFGP I &CX 5EJPGG 4 -N *GPMGNURWT IGTGKPKIV UGJT UEJÌP

,QJCPP )GQTI + WPF #WIWUV 5KNDGTOGFCKNNG Q , XQP %JT /CNGT CWH FKG #P YGUGPJGKV ,QJCPP )GQTIU + KP 0ÒTPDGTI CPN·NKEJ FGU -WTHÒTUVGPVCIGU )GJCTPKUEJVGU $TWUVDKNF T KP XGT\KGTVGT -CTVWUEJG \W FGP 5GKVGP 9CRRGPUEJKNFG WOJGT GKP -TCP\ CWU YGKVGTGP 9CRRGP &GT IGJCTPKUEJVG -WTHÒTUV TGKVGV T OKV IGUEJWNVGTVGO 5EJYGTV OO I 5NI 'TNCPIGT 5NI /GTUGD 4 *GPMGNURWT UGJT UEJÌPpXQT\ÒINKEJ

2290

2291 Taler

2292

4GKEJUVCNGTMNKRRG &TGUFGP CWH FCU #TODTWUVUEJKGGP DGK FGT 6CWHG FGU 2TKP\GP #WIWUV 5QJP ,QJCPP )GQTIU + &CX 5EJPGG *GPMGNURWT UGJT UEJÌPpXQT\ÒINKEJ

&KG ,CJTGU\CJN DGHKPFGV UKEJ DGK FKGUGO WPF FGP HQNIGPFGP DGKFGP 5VÒEMGP CNU %JTQPQITCOO KP FGT 4ÒEMUGKVGPWOUEJTKHV

190

-NGKPG FKEMG 4GKEJUVCNGTMNKRRG &TGUFGP CWH FCU #TODTWUVUEJKGGP DGK FGT 6CWHG FGU 2TKP\GP #WIWUV 5QJP ,QJCPP )GQTIU + &CX 5EJPGG XCT FQTV QJPG 4QUGVVGP KP FGP 'EMGP /KP (CUUWPIUURWTGP UGJT UEJÌP

4GKEJUVCNGTMNKRRG &TGUFGP CWH FCU #TODTWUVUEJKGGP DGK FGT 6CWHG FGU 2TKP\GP %JTKUVKCP 5QJP ,QJCPP )GQTIU + &CX 5EJPGG 5EJÌPG 2CVKPC UGJT UEJÌP

2293

,QJCPP )GQTI + 5KNDGTOGFCKNNG XQP * XQP .ÒPGP CWH FCU 8KMCTKCV &GT -WTHÒTUV TGKVGV T KO -WTQTPCV OKV FGT 4GEJVGP FCU 5EJYGTV UEJWNVGTPF WPVGP FCU U·EJUKUEJG -WTYCRRGP 5GEJU HCEJ DGJGNOVGU 9CRRGP OO I 5NI /GTUGD 5EJPGG FQTV CNU HCEJGT 4GKEJUVCNGT DG\GKEJPGV 44 *ÒDUEJG 2CVKPC YKP\ $GCTDGKVWPIUUVGNNG XQT\ÒINKEJ

2294

2295

2296

4GKEJUVCNGT &TGUFGP CWH FCU 8KMCTKCV &CX 5EJPGG

5GJT UEJÌP

4GKEJUVCNGT &TGUFGP CWH FCU 8KMCTKCV -QJN NGKEJV XCT 5EJTÌVNKPIUHGJNGT CO 4CPF NGKEJV DGTKGDGP UGJT UEJÌP

-KRRGT )TQUEJGP <YKEMCW +++ 5QTVG 4CJPGPHÒJTGT -TWI

4 5GJT UEJÌP

5GJT UEJÌP

2297

4GKEJUVCNGT &TGUFGP -QJN

191

2299

2298

5KNDGTOGFCKNNG XQP 5 &CFNGT CWH FKG ,CJTHGKGT FGT ªDGTICDG FGT #WIUDWTIGT -QPHGUUKQP $TWUVDKNF ,QJCPPU FGU $GUV·PFKIGP OKV IGUEJWNVGTVGO -WTUEJYGTV X X KP FGT 7OUEJTKHV FKG 9CRRGP XQP -WTUCEJUGP /GKUUGP 5CEJUGP WPF 6JÒTKPIGP <GKNGP 5EJTKHV OO I 5NI /GT UGD 5NI 9JKVKPI 9KGEGM 5EJÌPG 2CVKPC HCUV XQT\ÒINKEJ

4GKEJUVCNGT &TGUFGP CWH FKG ,CJTHGKGT FGT ªDGTICDG FGT #WIUDWTIGT -QPHGUUKQP &CX #

HCNUEJG #DDKNFWPI 5NI 9JKVKPI XCT 5EJPGG XCT -N *GPMGNURWT UGJT UEJÌP

2300

2301

2302

4GKEJUVCNGT &TGUFGP &CX 5EJPGG

9KP\ 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJp5VGORGNINCP\

4GKEJUVCNGT &TGUFGP &CX 5EJPGG (GKPG 2CVKPC YKP\ 5EJTÌVNKPIUHGJNGT CO 4CPF UGJT UEJÌPpXQT\ÒINKEJ

,QJCPP )GQTI ++ 4GKEJUVCNGT &TGUFGP CWH FCU 8KMCTKCV &KG 7OUEJTKHV DGIKPPV QDGP TGEJVU &CX 5EJPGG *GPMGNURWT UGJT UEJÌP

192

2303 2304

2304

4GKEJUVCNGT &TGUFGP CWH FCU 8KMCTKCV -QJN

4GKEJUVCNGT &TGUFGP CWH FCU 8KMCTKCV &KG 7OUEJTKHV DGIKPPV QDGP TGEJVU &CX 5EJPGG -N *GPMGNURWT RQTÌUGT 5EJTÌVNKPI UGJT UEJÌP

2306

2305

9KP\ 5EJTÌVNKPIUTK XQT\ÒINKEJ

2307

$TGKVGT FTGKHCEJGT 4GKEJUVCNGT &TGUFGP CWH FKG )TWPFUVGKPNGIWPI FGT -CRGNNG KP FGT /QTKV\ DWTI I 1DGNKUM \YKUEJGP IGMTÌPVGT $KDGN WPF -WTJWV ÒDGT IGMTGW\VGP -WTUEJYGTVGTP OKV -TCP\ QDGP UVTCJNGPFGT 0COG ,GJQXCU <GKNGP 5EJTKHV QDGP 4GKEJUCRHGN WPVGP /ÒP\OGKUVGT\GK EJGP 'KEJGN &CX 5EJPGG 44 *ÒDUEJG 2CVKPC MN 5EJTÌVNKPIUTK YKP\ -TCV\GT UGJT UEJÌPpXQT\ÒINKEJ

4GKEJUVCNGT &TGUFGP 'TDN·PFKUEJGT 6CNGT &CX 5EJPGG -T·HVKIG 2CVKPC UGJT UEJÌP

4GKEJUVCNGTMNKRRG &TGUFGP CWH FCU $ÒEJUGPUEJKGUUGP CPN·NKEJ FGT 6CWHG UGKPGU 'PMGNU ,QJCPP )GQTI +8 &CX 5EJPGG 5GJT UEJÌPpXQT\ÒINKEJ

193

2309

2308

4GKEJUVCNGTMNKRRG &TGUFGP CWH FCU $ÒEJUGPUEJKGUUGP CPN·NKEJ FGT 6CWHG UGKPGU 'PMGNU ,QJCPP )GQTI +8 &CX 5EJPGG *GPMGNURWT (GNFGT NGKEJV IGIN·VVGV UGJT UEJÌP

4GKEJUVCNGT &TGUFGP 'TDN·PFKUEJGT 6CNGT &CX XGTIN 5EJPGG

5GJT UEJÌP

2310

2311

6CNGTMNKRRG PCEJ \KPPCKUEJGO (W &TGUFGP CWH FKG 'TÌHHPWPI FGU PGWGP 5EJKGJCWUGU &CX 5EJPGG 9KP\ 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

6CNGTMNKRRG PCEJ \KPPCKUEJGO (W &TGUFGP CWH FKG 'TÌHHPWPI FGU PGWGP 5EJKGJCWUGU &CX 5EJPGG 9KP\ 5EJTÌVNKPIUHGJNGT HCUV XQT\ÒINKEJ

194

2313

2312

6CNGTMNKRRG PCEJ \KPPCKUEJGO (W &TGUFGP CWH FCU 5EJKGGP \WT (GKGT FGU (TKGFGPU XQP 0KLOGIGP &CX 2CZ KP 0WOOKU 5EJPGG 5EJÌPG 2CVKPC OKP 5EJTÌVNKPIUHGJNGT CWH FGT 4ÒEMUGKVG XQT\ÒINKEJGU 'ZGORNCT

,QJCPP )GQTI +++ 6CNGT &TGUFGP &CX -QJN 8QT\ÒINKEJp5VGORGNINCP\

2314

2315

6CNGT &TGUFGP &CX -QJN

-N )TÒPURCPHNGEM HCUV 5VGORGNINCP\

,QJCPP )GQTI +8 6CNGT &TGUFGP &CX -QJN 9KP\ 5EJTÌVNKPIUHGJNGT CO 4CPF OKP (WPFDGNCI XQT\ÒINKEJp5VGORGNINCP\

2316

6CNGTMNKRRG PCEJ .GKR\KIGT (W &TGUFGP CWH FGP 'ORHCPI FGU *QUGPDCPFQTFGPU &CX 5EJPGG (GNFGT NGKEJV RQNKGTV UGJT UEJÌPpXQT\ÒINKEJ

195

2318

2317

6CNGTMNKRRG PCEJ .GKR\KIGT (W &TGUFGP CWH FGP 'ORHCPI FGU *QUGPDCPFQTFGPU &CX 5EJPGG 'VYCU TQUVKIGT 5VGORGN UGJT UEJÌP

(TKGFTKEJ #WIWUV + #WIWUV FGT 5VCTMG 6CNGT &TGUFGP &CX -QJN 8QT\ÒINKEJ

2319

2320 doppelt

2321

6CNGT .GKR\KI &CX -QJN

&KEMGT FQRRGNVGT 4GKEJUVCNGT &TGUFGP CWH FCU 8KMCTKCV I <YGK 6KUEJG OKV +PUKIPKGP FCTWPVGT 6KUEJ OKV HÒPH <GKNGP 5EJTKHV \YKUEJGP FGT ,CJTGU\CJN WPF FGO /ÒP\OGKUVGT\GKEJGP + Û . Û * Û « ,QJCPP .QTGP\ *QNNCPF /ÒP\OGKUVGT KP &TGUFGP )GJCTPKUEJVGT -WTHÒTUV OKV -QOOCPFQUVCD TGKVGV T FCTWPVGT 9CRRGPUEJKNF &CX 5EJPGG 44 *ÒDUEJG 2CVKPC MN -TCV\GT UGJT UEJÌP

8QT\ÒINKEJ

5KNDGTOGFCKNNG WPUKIPKGTV XQP ) 9 8GUVPGT CWH FKG ,CJTHGKGT FGT 4GHQTOCVKQP #NVCT OKV CWH IGUEJNCIGPGO $WEJ N (TKGFTKEJ FGT 9GKUG OKV 5EJYGTV WPF GTJQDGPGT .KPMGP T .WVJGT OKV -GT\G QDGP UVTCJNGPFGT 0COG ,GJQXCU (ÒPH <GKNGP 5EJTKHV KP .QTDGGTMTCP\ QDGP WPF WPVGP LG GKP -TGW\ OO I $GTPJGKOGT 5NI /GTUGD 5NI 9JKVKPI FQTV KP <KPP 8QT\ÒINKEJ &CU %JTQPQITCOO CWH FGT 4ÒEMUGKVG KUV PKEJV TKEJVKI FCTIGUVGNNV FC FCU & KP &'5 PKEJV JGTXQTIGJQDGP KUV

196

2322

2324

2323

4GKEJUVCNGT &TGUFGP &CX 5EJPGG

(TKGFTKEJ #WIWUV ++ 5KNDGTOGFCKNNG XQP # 8GUVPGT CWH FKG 'TQDGTWPI WPF FKG *WNFKIWPI FGT 5VCFV &CP\KI )GHNÒIGNVGT )GPKWU OKV 9CRRGPUEJKNF UEJTGKDV CWH GKPGO CP GKPGT 2CNOG DGHGUVKIVGP 5EJKNF 2NCP XQP &CP\KI OO I $GTPJGKOGT 5NI /GTUGD 4 *ÒDUEJG 2CVKPC MN 6KPVGPUEJTKHV YKP\ -TCV\GT XQT\ÒINKEJ

#VVTCMVKXG 2CVKPC UGJT UEJÌPpXQT\ÒINKEJ

4GKEJUVCNGT &TGUFGP CWH FCU 8KMCTKCV )WO -QJN

8QT\ÒINKEJ

2326

2325

(TKGFTKEJ %JTKUVKCP -QPX 6CNGT .GKR\KI &CX $ 5EJPGG

(TKGFTKEJ #WIWUV +++ + 5KNDGTOGFCKNNG XQP , ( 5VKGNGT CWH FGP 6QF FGU U·EJUKUEJGP &KEJVGTU % ( )GNNGTV $TWUVDKNF )GNNGTVU N #NVCT OKV -TCP\ WPF *CTHG OO I 5NI /GTUGD 9KP\ 4CPFHGJNGT XQT\ÒINKEJ

(CUV XQT\ÒINKEJ

%JTKUVKCP (ÒTEJVGIQVV )GNNGTV *CKPKEJGP UVWFKGTVG KP .GKR\KI \WP·EJUV 6JGQNQIKG 5R·VGT JKGNV GT FQTV 8QTNGUWPIGP ÒDGT 2QGUKG $GTGFUCOMGKV WPF /QTCN 'T YCT /GPVQT XKGNGT 'FGNNGWVG OKV FGPGP GT KP $TKGH YGEJUGN UVCPF +P UGKPGP 5EJTKHVGP XGTVTCV GT FCU 6WIGPFKFGCN FGT #WHMN·TWPI GT OCEJVG GU DGUQPFGTU KP UGKPGP (CDGNP WPF 'T\·JNWPIGP \WI·PINKEJ WPF YWTFG UQOKV \WO .GJTGT WPF (ÌTFGTGT FGT DÒTIGTNKEJGP #WHMN·TWPI 5GKPG .WUVURKGNG HÒJTVGP FCU 4ÒJTUVÒEM CWU FGO (TCP\ÌUKUEJGP %QO¾FKG NCTOQ[CPVG GKP CWU FGO UKEJ FCU DÒTIGTNKEJG 6TCWGTURKGN GPVYKEMGNVG )GNNGTV UVCTD CO KP .GKR\KI

197

2327

2328

-QPX 6CNGT &TGUFGP &CX 5EJPGG

5KNDGTOGFCKNNG XQP % 9 *QGEMPGT CWH FCU 8KMCTKCV )GJCTPKUEJVGU $TWUVDKNF T #NVCT OKV 5EJYGTV <GRVGT WPF -TCP\ OO I 5NI /GTUGD (NGEMKIG 2CVKPC -TCV\GT CWH FGT 4Ã&#x2019;EMUGKVG XQT\Ã&#x2019;INKEJ

8QT\Ã&#x2019;INKEJ

2329

2330

)TQUEJGP +% &TGUFGP CWH FCU 8KMCTKCV $WEM

8QT\Ã&#x2019;INKEJ

5KNDGTOGFCKNNG WPUKIPKGTV CWH FKG 4Ã&#x2019;EMMGJT FGU 5VCVVJCNVGTRCCTGU PCEJ $GNIKGP $GKFGT $TWUVDKN FGT GKPCPFGT IGIGPÃ&#x2019;DGT 5VGJGPFG (QTVWPC OO I ( W 5 5NI /GTUGD 2CVKPC XQT\Ã&#x2019;INKEJ

2331 2332

198

)TQUEJGP +'% &TGUFGP CWH FCU 8KMCTKCV $WEM -QPX 6CNGT +'% &TGUFGP $WEM E

2332

8QT\Ã&#x2019;INKEJ 8QT\Ã&#x2019;INKEJ

2333 2334 Æ

5#%*5'0 -¤0+)4'+%*

(TKGFTKEJ #WIWUV + -QPX 6CNGT 5 CWH UGKPGP 6QF #WUDGWVG /KV 4CPFUEJTKHV 5')'0 &'5 $'4)$#75 #-5 &CX -CJPV 6JWP 4 0WT 'ZGORNCTG IGRT·IV *GTTNKEJG 2CVKPC XQT\ÒINKEJp5VGORGNINCP\

,QJCPP 'KPUGKVKIGT 2TQDGCDUEJNCI KP $TQP\G XQO 8GTGKPUVCNGT $ 5KGI I #-5 XIN &CX XIN -CJPV XIN 6JWP XIN 44 5GJT UEJÌPpXQT\ÒINKEJ

.16 5#%*5'0 -74(ª456'067/ 70& -¤0+)4'+%*

,QJCPP )GQTI ++ 6CNGT (TKGFTKEJ #WIWUV +++ + -QPX 6CNGT -QPX 6CNGT #PVQP 6CNGT (TKGFTKEJ #WIWUV ++ 6CNGT CWH UGKPGP 6QF 6CNGT CWH UGKPGP 6QF 5VÒEM 5GJT UEJÌP WPF DGUUGT

2337 2336 Æ

2336 Æ

5 %*5+5%*' 56 &6'

&TGUFGP 8GTUKNDGTVG $TQP\GYGTVOCTMG FGT (KTOC 9KNJ 4KVVGT %Q )OD* KO 9GTV XQP 4GKEJU OCTM 8QT\ÒINKEJp5VGORGNINCP\

5#%*5'0 *'4<1)67/ 'TPGUVKPGT PCEJ FGO 8GTNWUV FGT -WTYÒTFG

,QJCPP (TKGFTKEJ + FGT )TQOÒVKIG CNU *GT\QI )TQUEJGP &QRRGNVGT 5EJTGEMGPDGT IGT Q , 5CCNHGNF 5NI /GTUGD 5GJT UEJÌP

2338

5#%*5'0 %1$74) '+5'0#%* *'4<1)67/

,QJCPP %CUKOKT WPF ,QJCPP 'TPUV &QRRGNVGT 4GKEJUVCNGT 5CCNHGNF I 5GEJU HCEJ DGJGNOVGU 9CRRGP )GJCTPKUEJVGT *GT\QI OKV -QOOCPFQUVCD TGKVGV T &CX C )TCUUGT 5EJPGG 4 *ÒDUEJG 2CVKPC MN *GPMGNURWT (GNFGT HGKP IGIN·VVGV UGJT UEJÌPpXQT\ÒINKEJ 199

2340

2339

5#%*5'0 #.6'0$74) *'4<1)67/

,QJCPP 2JKNKRR WPF (TKGFTKEJ 9KNJGNO ++ 4GKEJUVCNGT 5CCNHGNF &CX -GTPDCEJ 5EJPGG 4 (GNFGT OKP CNVIGIN·VVGV UGJT UEJÌP

5#%*5'0 9'+/#4 *'4<1)67/

(TKGFTKEJ 9KNJGNO WPF ,QJCPP 4GKEJUVCNGT 5CCNHGNF &CX 5EJPGG 5GJT UEJÌP

2341

2342

#PPC #OCNKC 4GIGPVKP -QPX 6CNGT 'KUGPCEJ 5NI /GTUGD -N 5EJTÌVNKPIUHGJNGT UGJT UEJÌP

5#%*5'0 /'+0+0)'0 *'4<1)67/ 810 $+5 5#%*5'0 %1$74) /'+0+0)'0

$GTPJCTF 'TKEJ (TGWPF &QRRGNIWNFGP #-5 &CX -CJPV 6JWP 5VGORGNINCP\

2344

2343

2344

5#%*5'0 5##.('.& *'4<1)67/ #$ 5#%*5'0 %1$74) 5##.('.&

,QJCPP 'TPUV 8+++ 4GKEJUVCNGT 5CCNHGNF CWH UGKPG 8GTO·JNWPI OKV %JCTNQVVC ,QJCPPG XQP 9CNFGEM Ó 6QEJVGT FGU )TCHGP ,QUKCU I &KG DGKFGP $TWUVDKNFGT FGU $TCWVRCCTGU PGDGPGKPCPFGT T ªDGT IGMTGW\VGP 2CNO WPF 4CWVGP\YGKI NKGIGPFGU SWCFTKGTVGU 9CRRGP OKV FGP 5EJKNFGP XQP 5CEJUGP ,ÒNKEJ WPF 9CNFGEM WOJGT 9CJNURTWEJ &CX # 5EJPGG 44 5GJT CVVTCMVKXGU 'ZGORNCT OKV JÒDUEJGT 2CVKPC MN 5EJTÌVNKPIUHGJNGT CO 4CPF XQT\ÒINKEJ

4GKEJUVCNGT 5CCNHGNF CWH UGKPGP 6QF )TCUUGT 2TCEJVXQNNG 2CVKPC XQT\ÒINKEJp5VGORGNINCP\

200

ex 2345

5#%*5'0 %1$74) 70& )16*# *'4<1)67/

%CTN 'FWCTF 6TCIDCTG 5KNDGTOGFCKNNG XQP / X -CYCE\[PUMK CWH UGKPG 8GT O·JNWPI OKV 8KMVQTKC #FGNJGKF 6QEJVGT FGU *GT\QIU (TKGFTKEJ (GTFKPCPF XQP 5EJNGUYKI *QNUVGKP 5QPFGTDWTI )NÒEMUDWTI $GKFGT $TWUVDKNFGT PGDGPGKPCPFGT N <YGK CPGKPCPFGTIGNGJPVG OKVGKPCPFGT XGTDWPFGPG DGJGNOVG (COKNKGPYCRRGP FCJKPVGT /[TVGPDCWO QDGP -TQPG OO I .CPIG &C\W 5KNDGTOGFCKNNG XQP . %JT .CWGT CWH FGPUGNDGP #PNC $GKFGT $TWUVDKNFGT PGDGPGKPCPFGT N <YGK )GPKGP JCNVGP FKG (COKNKGPYCRRGP WPF GKPG $NWOGPIKTNCPFG KP FGT /KVVG UVGJV GKPG YGKDNKEJG )GUVCNV KP ITKGEJKUEJGO )GYCPF FKG $NWOGP ÒDGT FKG 9CRRGP UVTGWV OO I .CPIG 5VÒEM 8QT\ÒINKEJ

2347

2346

2348

5#;0 5#;0 9+66)'056'+0 *1*'056'+0 )4#(5%*#(6

,QJCPP 8+++ 4GKEJUVCNGT /KPFGP I )GJCTPKUEJVGU $TWUVDKNF T CWH FGT $TWUV 4QUGVVG 8KGTHCEJ DGJGNOVGU UGEJUHGNFKIGU 9CRRGP OKV /KVVGNUEJKNF &CX / , 8 44 #VVTCMVKXG 2CVKPC MN TGUVCWTKGTVGT 5EJTÌVNKPIUHGJNGT UGJT UEJÌPpXQT\ÒINKEJ

5%*#7/$74) .+22'

5%*#7/$74) .+22' )4#(5%*#(6 5'+6 (ª456'067/ )GQTI 9KNJGNO -QPX 6CNGT #-5 ,

8QT\ÒINKEJ

#FQNH )GQTI 8GTGKPUVCNGT #-5 &CX -CJPV 6JWP (CUV 5VGORGNINCP\

201

2350

2349

5%*.'5+'0 .+')0+6< $4+') *'4<1)67/

,QJCPP %JTKUVKCP WPF )GQTI 4WFQNH 4GKEJUVCNGTMNKRRG $TGUNCW I )GJCTPKUEJVGU $TWUVDKNF ,QJCPP %JTKUVKCPU T )GJCTPKUEJVGU $TWUVDKNF )GQTI 4WFQNHU N OKV WOIGNGIVGO /CPVGN WPVGP *4 *CPU 4KGIGT /ÒP\YCTFGKP KP $TGUNCW ( W 5 8QP ITQGT 5GNVGPJGKV /KV CNVGO *GPMGN GVYCU DGTKGDGP UGJT UEJÌP

.WKUG XQP #PJCNV Ó -TGW\GT ( W 5

*ÒDUEJG 2CVKPC XQT\ÒINKEJ

2351

2352

)GQTI 9KNJGNO 5KNDGTOGFCKNNG XQP 5 -QNNGT CWH UGKPGP 6QF )GJCTPKUEJVGU *ÒHVDKNF T <GJP <GKNGP 5EJTKHV OO I ( W 5 *ÒDUEJG 2CVKPC YKP\ &TWEMUVGNNG CO 4CPF HCUV XQT\ÒINKEJ

5%*.'5+5%*' 56 &6'

.KGIPKV\ 5KNDGTOGFCKNNG XQP / &QPPGT CWH FKG )TWPFUVGKPNGIWPI \WT ,QUGRJU #MCFGOKG KP .KGIPKV\ $ÒUVG -CTNU 8+ XQP ¤UVGTTGKEJ T OKV .QTDGGTMTCP\ 5KNGUKC OKV /QFGNN FGT 7PKXGTUKV·V KP FGT GTJQDGPGP .KPMGP UVGJV CP GKPGO 5QEMGN FCTCWH UKGDGP <GKNGP 5EJTKHV T CO $QFGP UKV\GPFGT 5CVWTP OO I ( W 5 5NI /QPVGPWQXQ *GTTNKEJG 2CVKPC XQT\ÒINKEJ

2353

5%*.'59+) *1.56'+0 *1.56'+0 5%*#7'0$74) )4#(5%*#(6 202

#FQNH +8 0KGFGTGNDKUEJGT 6WTORHGPPKI WO &ÌOKV\ ! I 0CEJCJOWPI FGT *CODWTIGT 2T·IWPIGP <YKGDGNVWTO ÒDGT )KVVGTYGTM $GTIGT 44 5GJT UEJÌP

2355

2354

,WUVWU *GTOCPP 4GKEJUVCNGT #NVQPC OKV 6KVGN (GTFKPCPFU ++ &CX .CPIG C 9GKPO XCT 4 5GJT UEJÌPpXQT\ÒINKEJ

5%*9 $+5%* *#..

56#&6

-QPX 6CNGT OKV 6KVGN ,QUGHU ++ 4CHH

5GJT UEJÌP

2357

2356

5%*9#4<$74) 5%*9#4<$74) 47&1.56#&6 )4#(5%*#(6 5'+6 (ª456'067/

.WFYKI )ÒPVJGT ++ -QPX 6CNGT 5CCNHGNF &CX (KUEJGT (GKPG 2CVKPC OKP 5EJTÌVNKPIUHGJNGT HCUV XQT\ÒINKEJ

(TKGFTKEJ )ÒPVJGT -QPX 6CNGT #-5 &CX -CJPV 6JWP .GKEJV ÒDGTCTDGKVGVG 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJ

2358

(ª456'067/

2359

5%*9#4<'0$'4)

,QUGH #FCO -QPX 6CNGT 0ÒTPDGTI &CX 6CPPKEJ

5GJT UEJÌP

,QJCPP 0GRQOWM -QPX 6CNGT 9KGP &CX 6CPPKEJ 5GJT UEJÌPpXQT\ÒINKEJ

203

2361 2360

2360

56#&6

4GKEJUVCNGTMNKRRG CWH FKG ,CJTHGKGT FGT 4GHQTOCVKQP I &GT &QO CNU 5VCFVYCRRGP \YKUEJGP LG GKPGO UGEJUUVTCJNKIGP 5VGTP KP 5EJTKHV WPF $NWOGPMTCP\ 8KGT <GKNGP 5EJTKHV FCTWPVGT 4QUGPUVTCW KP 5EJTKHV WPF $NWOGPMTCP\ 'JTGPF 5NI 9JKVKPI 8QP ITÌVGT 5GNVGPJGKV *GPMGNURWT UGJT UEJÌP

561.$'4) )4#(5%*#(6

52';'4

561.$'4)

*GKPTKEJ 8 ! $TCMVGCV 5VQNDGTI I *KTUEJ N KO /CWN GKP NCPIUVKGNKIGU $NCVV $GTIGT (TKGFGTKEJ FKGUGU 'ZGORNCT 5NI $QPJQHH 7PKMWO 5GJT UEJÌP

/KV DGKNKGIGPFGO CNVGP $GUEJTGKDWPIUM·TVEJGP XQP &T $WUUQ 2GWU FCU FGP 8GTOGTM VT·IV 7PKMWO FGT 5NI *QH

2362

2363

2364

561.$'4) -¤0+)56'+0 )4#(5%*#(6

.WFYKI ++ 6CNGT #WIUDWTI OKV 6KVGN -CTNU 8 &CX (QTUVGT (TKGFGTKEJ XCT 4 5GJT UEJÌP

561.$'4) 561.$'4) )4#(5%*#(6

9QNHICPI )GQTI 4GKEJUVCNGT 5VQNDGTI &CX (TKGFGTKEJ C XCT 44 9KP\ 5EJTÌVNKPIUTK UGJT UEJÌP

561.$'4) 9'40+)'41&' )4#(5%*#(6 204

'TPUV WPF .WFYKI %JTKUVKCP )WVG )TQUEJGP 9GTPKIGTQFG &CX (TKGFG TKEJ XCT 5GJT UEJÌP

2365

2367

564#.570&

56#&6

-TGW\ITQUEJGP $TCVTKPI XCT

4'+%*5/ª0<56 66'

2366

(GKPG 2CVKPC XQT\ÒINKEJ

7./

,CJTJWPFGTV $TCMVGCV XGTOWVNKEJ WO I 5VCFVOCWGT FCTÒDGT IGMTÌPVG D·TVKIG )GUVCNV N \YKUEJGP \YGK 6ÒTOGP $GTIGT -NGKP 7NOGT %% 8GTOWVNKEJ 7PKMWO (WPFGZGORNCT YKP\ 5EJTÌVNKPIUHGJNGT UGJT UEJÌP &KGUGT GZVTGO UGNVGPG $TCMVGCV ·JPGNV FGO XQP 7NTKEJ -NGKP WPF 4CKPGT 7NOGT %QPEQTFCPVKCG %QPUVCPVKGPUGU WPVGT 0T XGT\GKEJPGVGP 7NOGT 2HGPPKI 9KT JCDGP FKG XQTNKGIGPFG 2T·IWPI DGK FGT GU UKEJ XGTOWVNKEJ WO GKP 7PKMWO JCPFGNV FCJGT GDGPHCNNU 7NO \WIGQTFPGV

(TKGFTKEJ ++ $TCMVGCV WO I ªDGT GKPGT $CNWUVTCFG GKP 6WTO &TGKGEM (CJPG WPF GKP PCEJ N IGTKEJVGVGU $TWUVDKNF WPVGT FGT $CNWUVTCFG GKP 4KPIGN $GTIGT -NGKP 7NOGT %% 8QP ITQGT 5GNVGPJGKV (WPFGZGORNCT MN 4CPFCWUDTWEJ UGJT UEJÌP 7NTKEJ -NGKP WPF 4CKPGT 7NOGT %QPEQTFCPVKCG %QPUVCPVKGPUGU MCVCNQIKUKGTGP FKGUGP ·WGTUV UGNVGPGP $TCMVGCVGP FGT UQPUV QHHGPDCT PKEJV GFKGTV KUV WPVGT FGP WPDGUVKOOVGP F[PCUVKUEJGP WPF TGKEJUXÌIVKUEJGP /ÒP\UV·VVGP 9KT QTFPGP FKGUG KO 9·JTWPIUIGDKGV FGU -QPUVCP\GT 2HGPPKIU GPVUVCPFGPG 2T·IWPI XGTUWEJUYGKUG FGT 4GKEJUOÒP\ UV·VVG 7NO \W

2368

2369

9#.&'%-

)4#(5%*#(6 5'+6 (ª456'067/

)GQTI *GKPTKEJ 6CNGT #-5 , 6CNGT #-5 ,

2371

2370

5GJT UEJÌP 8QT\ÒINKEJ

2371

)GQTI 8KEVQT 8GTGKPUFQRRGNVCNGT #-5 &CX -CJPV 6JWP 9KP\ 4CPFHGJNGT XQT\ÒINKEJp5VGORGNINCP\

8GTGKPUVCNGT #-5 &CX -CJPV 6JWP

8QT\ÒINKEJp5VGORGNINCP\

205

2372

-¤0+)4'+%*

2374

2375

2373

9'56(#.'0

*KGTQP[OWU 0CRQNGQP -QPX 6CNGT % #WUDGWVG #-5 &CX -CJPV 6JWP # /KP LWUVKGTV XQT\ÒINKEJ

9ª466'/$'4) 9ª466'/$'4) *'4<1)67/ 5'+6 -¤0+)4'+%*

-CTN 'WIGP -QPX 6CNGT 5VWVVICTV &CX -NGKP 4CHH -N -TCV\GT CWH FGT 4ÒEMUGKVG UGJT UEJÌPpXQT\ÒINKEJ

9ª466'/$'4) 1'.5 *'4<1)67/

5[NXKWU (TKGFTKEJ -TGW\GT 1GNU /ÒP\OGKUVGT 5COWGN 2HCJNGT 'DPGT ( W 5 2TCEJVGZGORNCT (CUV 5VGORGNINCP\

-TGW\GT 1GNU /ÒP\OGKUVGT 5COWGN 2HCJNGT 'DPGT XCT ( W 5 (GKPG 2CVKPC YKP\ 5EJTÌVNKPIUHGJNGT XQT\ÒINKEJp5VGORGNINCP\

/'&#+..'0

2376

.+'$' 70& '*'

206

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5KNDGTOGFCKNNG Q , WPUKIPKGTV CWH YGKDNKEJG 6WIGPFGP 4CJGN OKV 5EJ·HGTUVCD WPF 4WVJ OKV JTGP DÒPFGN UVGJGP GKPCPFGT IGIGPÒDGT 5VGJGPFG /CTVJC OKV 5RKPPTQEMGP WPF -QEJIGUEJKTT XQT KJT UKV\V FKG DGVGPFG /CTKC OO I 5NI )QRRGN XIN FQTV XQP 2 * /ÒNNGT 5GJT UEJÌPpXQT\ÒINKEJ

ex 2377 Porzellan

2379 Æ

2378

.7(6(#*46

8GTUKNDGTVG $TQP\GOGFCKNNG WPUKIPKGTV FGT .WHVHCJTV )OD* .WHVXGTMGJT G 8 *CNDGTUVCFV $CWVCNGT HÒT FKG FGWVUEJG .WHVHCJTV $TQEMGPHNWIVCNGT IGRT·IV CWH FKG GTUVG (NWI\GWINCPFWPI CWH FGO $TQEMGP CO (GDTWCT (NWI\GWI ÒDGT $GTIIKRHGN (NWI\GWI ÒDGT FGT 5V /CTVKPK -KTEJG OO $GUUGT $T·OGT $ÒTIGT -CKUGT &C\W 5EJKNFHÌTOKIG $TQP\GRNCMGVVG CWH FKG ,CJTHGKGT FGU 4GKEJUVCIGU *CNDGTUVCFV #NDTGEJV FGT $·T UVGJV JCNDT XQT $WTIIGD·WFG Z OO 2QT\GNNCPOGFCKNNG Q , CWH FKG 5V /CTVKPK -KTEJG KP *CNDGTUVCFV #PUKEJV FGT -KTEJG FCPGDGP 5VCFVYCRRGP $GJGNOVGU 5VCFVYCRRGP OO 5VÒEM 8QT\ÒINKEJ

&'765%*' -1.10+'0

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5KNDGTPG (KTOWPIUOGFCKNNG Q , CWH 'T\DKUEJQH .GQ (TGKJGTT XQP 5MTDGPUM[ 'KUGPIWOGFCKNNG CWH FKG 5·MWNCTHGKGT FGT *GKNKIURTGEJWPI FGU MNGKPGP 0GRWOWM UKNDGTPGT ,GVQP CWH FKG 5GMWPFK\ FGU 4CCDGT $KUEJQHU (TCP\ )TCH <KEJ[ VTCIDCTG QXCNG /GUUKPIOGFCKNNG &C\W -NGKPG 5KNDGTOG FCKNNG #NNG 5VÒEMG UKPF OKV GKPGT -WT\DGUEJTGKDWPI XGTUGJGP 5VÒEM 9KP\ *GPMGNURWT Z UGJT UEJÌPpXQT\ÒINKEJ

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