%JNPOJ HVBOZBEPS EFM DPODVST 1FUJU EJNPOJ -ZEJB 3PNFSB BOZT
UWRNGOGP6
'FTUFT EF .BJH MB OPTUSB HSBO 'FTUB .BKPS -FT 'FTUFT EF .BJH KB TØO BRVÓ VO BOZ NÏT J FOHVBOZ UPU J RVF M "KVOUBNFOU EF #B EBMPOB TFNCMB OP SFDPSEBS IP DFMFCSFN FMT QSJNFST BOZT EF MFT 'FTUFT EF .BJH EFNPDSËUJRVFT )BO QBTTBU USFT EÒDBEFT QFS FYFNQMF EFM QSJNFS #BMM EFM .JDBDP PSHBOJU[BU QFS M "TTPDJBDJØ EF 7FÕOT EFM $FOUSF BNC VO ÒYJU TFOTF QSFDFEFOUT B MB 1MBÎB EFM 4PM J PO FMT CBEBMPOJOT UFOJFO HBOFT EF iDPORVFSJS FM DBSSFSw EFTQSÏT EF BOZT EF EJDUBEVSB 5PSOBOU BMT OPT USFT EJFT MFT 'FTUFT EF .BJH UFOFO BDUVBMNFOU VOB CPOB TBMVU J EVSBOU FMT EBSSFST BOZT IB DSFTDVU FM OPNCSF E BDUFT J MB TFWB RVBMJUBU &OHVBOZ M "KVOUBNFOU EF MB DJVUBU IB BOVODJBU MB DSFBDJØ EJVFO RVF EF DBSB B M BOZ WJOFOU E VO QSPUPDPM EF GFTUFT J UBNCÏ E VOB DPNJTTJØ EF GFT UFT 7FVSFN TJ BJYÛ BSSJCB B CPO QPSU J TJ MB DPOGFDDJØ EFM QSPHSBNB EF GFTUFT UBNCÏ UÏ QSFTFOU UPUFT MFT FOUJUBUT CBEBMPOJOFT UBM J DPN SFDMBNB BRVFTU BOZ MB $PPSEJOBEPSB 1PQVMBS EF 'FTUFT EF #BEB
OÓ - "KVOUBNFOU EF MB DJVUBU OP IB BDMBSJU QÞCMJDBNFOU FM QSFTTVQPTU EF MFT 'FTUFT EF .BJH QFSÛ IB SFDPOFHVU RVF T IB SFEVÕU MB QBSUJEB FDPOÛ NJDB E FOHVBOZ 5PU J BJYÛ FM QSPHSBNB T IB NBOUJOHVU HBJSFCÏ JHVBM RVF MFT EBSSF SFT FEJDJPOT J BRVÓ T IB EF SFDPOÒJYFS M FTGPSÎ JNBHJOBUJV EF MFT FOUJUBUT CBEBMPOJOFT J EFM %FQBSUBNFOU EF $VMUVSB EFM DPOTJTUPSJ 1FM RVF GB BM NPDBEPS EF GFTUFT RVF DFMF CSB FMT TFVT QSJNFST BOZT T IB DBOWJBU M FMBCPSBDJØ J EFM DPNFSÎ KVTU T IB QBTTBU BMT DSJUFSJT E FDPOPNJB TPDJBM &M DPMPS USJBU QFS DFSU IB FTUBU VO WFSE BQBHBU - ÞOJDB DPTB RVF GBMUBS TBCFS EF MFT 'FTUFT EF .BJH EFM ÏT TJ B EBSSFSB IPSB QP ESFN DSFNBS FM EJNPOJ FM EJB P MB QMVKB GBSË USBTMMBEBS EF EJB MB DSFNBEB &TQFSFN RVF 4BOU "OBTUBTJ BNC M BKVEB EFMT PVT RVF DBEB BOZ QPSUB MB $POGSBSJB B MFT NPOHFT $MBSJTTFT EPOJ VOB USFWB EV SBOU BRVFTUT EJFT EF HSFTDB BM DBSSFS #POFT 'FTUFT EF .BJH
MPOB EVSBOU FMT BDUFT EF MB 'FTUB .BKPS "MUFSOBUJWB "RVFTU BOZ BSSJCBSË MB DJORVF OB FEJDJØ E BRVFTUFT 'FTUFT "MUFSOBUJWFT BNC EJWFSTFT OPWFUBUT DPN VOB HJNDBOB QPQVMBS 6OFT GFTUFT BNC MB NÞTJDB DPN B QMBU GPSU -B NÞTJDB TFSË MB QSPUBHP OJTUB EF MFT 'FTUFT E BRVFTU &M QSPHSBNB BSSJCB GBS DJU E BDUVBDJPOT QFS B UPUT FMT HVTUPT EFT EFMT 0KPT EF #SVKP QBTTBOU QFMT (PTTPT FMT .BOFM P FM DBOUBVUPS "M CFSU 1MB 4 IB EF EFTUBDBS MB JODPS QPSBDJØ EF M FTQBJ EFM QBSD EF $B M "SOÞT DPN FTDFOBSJ EF USFT DPODFSUT VOB CPOB JOJDJBUJWB QFS BQSPm UBS J EPOBS B DPOÒJYFS BRVFTU NBHOÓGJD QBSD RVF TFNCMB RVF FTUË EFJYBU EF MB NË EF %ÏV -B DSJTJ UBNCÏ FTUBSË QSFTFOU B MFT 'FTUFT &M EJNPOJ SFDPSEBSË FO HVBOZ M ÒQPDB EF DSJTJ P MB HSJQ QPSDJOB TFHPOT M PQJOJØ QFSTPOBM EF DBEB CBEBMP
VXSOHPHQ7
HGUVGU FG OCKI
BOZT QFS DPOWFSUJS FM NPDBEPS FO VO TÓNCPM E JEFOUJUBU (BTQBS EF 1PSUPMË B #BSDF MPOB 3FDPSEFN RVF FO BOZT BOUFSJPST FM NPDBEPS T IBWJB GFOU TFHVJOU FMT DSJUFSJT EF DP NFSÎ KVTU JOUFSOBDJPOBM J QSPWÏ EF QBÕTPT EFM 4VE &OHVBOZ T IBO DPOGFDDJPOBU VOJUBUT J FT SFQBSUJSË HSBUVÕUBNFOU B UPUT FMT OFOT J OFOFT EF MFT MMBST E JOGBOUT FTDPMFT J JOTUJUVUT m OT B BSU E &40 J $FOUSF E &EVDBDJØ &TQFDJBM
- BOZ BSB GB BOZT M "KVOUBNFOU EF MB DJVUBU WB EFDJEJS JNQVMTBS VO NPDB EPS EF GFTUB $BEB BOZ FM NPDBEPS WBSJB E BOBHSBNB J EF DPMPS FM RVBM BNC OPNÏT BOZT EF WJEB IB QBTTBU B FTEFWFOJS VO FMFNFOU JNQSFT DJOEJCMF EF MB GFTUB EF #BEB MPOB J PCKFDUF EF DPMtMFDDJØ 'JOT J UPU NPMUT CBEBMPOJOT QFOHFO FMT NPD BEPS T BMT CBMDPOT m OFTUSFT J UFSSBTTFT EVSBOU FMT EJFT EF GFTUB #BEBMPOJTNF BNC FM NPDBEPS &M NPDBEPS WB TFS DPODFCVU
IHVWHV GH PLDJ
&O UPUBM FT SFQBSUJSBO NPDBEPST HSBUVÕUBNFOU J MB SFTUB FT WFOESBO QFS FVSP $PN DBEB BOZ FMT 7PMVOUBSJT #BEBMPOB EJTUSJCVJSBO J WFO ESBO FMT NPDBEPST BMT BDUFT DFOUSBMT EF GFTUB J B EJGFSFOUT FTUBOET DPN B MB 1MBÎB EF MB 7JMB P B MFT FTUBDJPOT EF 3FOGF J 1FQ 7FOUVSB
DPN VO FMFNFOU QFS FYUFSJPSJ U[BS JOEJWJEVBMNFOU M BEIFTJØ B MB GFTUB -B HFOU EF #BEBMPOB UÏ MB TFOTBDJØ NBTTB WFHBEFT EF WJVSF B EJGFSFOUT DJVUBUT EJOT MB NBUFJYB #BEBMPOB J QFS BJYÛ VO FMFNFOU DPN FM NP DBEPS FYQSFTTB FM TFOUJNFOU EF QFSUJOFOÎB B VOB NBUFJYB DJVUBU
$BEB BOZ VO DPMPS EJGFSFOU %VSBOU BRVFTUT BOZT DBEB BOZ FM NPDBEPS IB DBOWJBU EF DPMPS FODBSB RVF FMT BOZT J FT WB PQUBS QFM WFSNFMMØT J FMT BOZT J WB TFS EF DPMPS NPSB - BOZ FM NPDBEPS WB UFOJS UPOT EF DPMPS NJDBDP FM EF DPMPS CMBV M BOZ FT WB USJBS FM DPMPS QJTUBUYP M BOZ TF HàFOU FM UBSPOKB J M BOZ FM DPMPS DBRVJ "RVFTUFT GFT UFT T IB USJBU FM DPMPS WFSE
.PDBEPST TPMJEBSJT "RVFTU BOZ FMT NPDBEPST EF DPMPS WFSE T IBO DPOGFDDJPOBU BNC DSJUFSJT E FDPOPNJB TP DJBM FO VO DFOUSF FTQFDJBM EF USFCBMM MB 'VOEBDJØ 1SJWBEB
UWRNGOGP6
4ÓMWJB 4PMFS QSFHPOFSB EF MFT 'FTUFT EF .BJH 4ÓMWJB 4PMFS ÏT FTDSJQUPSB QFSJPEJTUB J UBNCÏ VOB #BEBMPOJOB EF 5PUB MB 7JEB BNC BSSFMT FNQPSEBOFTFT ²T E BRVFMMFT DJVUBEBOFT RVF GBO DJVUBU J EF MFT RVF MB DJVUBU TF O QPU TFOUJS PSHVMMPTB &OHVBOZ ÏT M FODBSSFHBEB EF EPOBS FM USFU EF TPSUJEB B MFT 'FTUFT EF .BJH EFT EFM CBMDØ EF M "KVOUBNFOU
DPOUFOUT 1FS FYFNQMF IFN TBCVU DPOWJVSF BNC NPMUFT QFSTPOFT RVF IBO WJOHVU EF GPSB J OP QBSMP EFM GFOPNFO NJHSBUPSJ BDUVBM TJOØ UBNCÏ EF UPUB BRVFMMB HFOU RVF WB WFOJS E BSSFV E &TQBOZB EV SBOU FM GSBORVJTNF #BEBMPOB TFNQSF IB FTUBU VOB DJVUBU IPTQJUBMËSJB J ÏT VO GFU NPMU JNQPSUBOU RVF FOT IB EF GFS SFDVQFSBS M BVUPFTUJNB
"MHVOB WFHBEB U IBWJB QBTTBU QFM DBQ RVF BDBCBSJFT GFOU FM 1SFHØ .BJ EF MB WJEB BNC UPUB TJODF SJUBU IP EJD
2VJOT BMUSFT QSFHPOT SFDPSEFT "DPTUVNP B BOBS TFNQSF RVF QVD BM 1SFHØ QFSÛ SFDPSEP FT QFDJBMNFOU FM E FO 5POJ 4PMFS QFS SBPOT TFOUJNFOUBMT FM E FO 3VEZ 'FSOËOEF[ RVF WB TFS FO VOB QBOUBMMB HFHBOU QFSRVÒ OP QPEJB TFS B #BEBMPOB * UBNCÏ FM E FO .JHVFM 1PWFEB FM WBJH USPCBS VO FODFSU QFOTBS FO VOB QFSTPOB DPN FMM QFS GFS MP
* NBJ IBT GFU DBQ 1SFHØ %FTQSÏT EF HVBOZBS FM 1SV EFODJ #FSUSBOB BNC i1FUPOT EF %JVNFOHFw FN WBO USVDBS EF 'JHVFSFT QFSRVÒ GFT FM 1SF HØ EF MB 'JSB EF -MJCSFT EF 7FMM &M WBJH GFS FM EJVNFOHF QBTTBU 1FSÛ OP ÏT DPNQBSBCMF BM EF MFT 'FTUFT EF .BJH &OT QPUT GFS DJOD DÒOUJNT EFM 1SFHØ -B JEFB ÏT FYQMJDBS RVF FN T F N C M B R V F # B E B M P O B UÏ VOB IJTUÛSJB EJGÓDJM J UPU J BJYÓ FMT CBEBMPOJOT QPEFN FTUBS
B #BJY B .BS "RVFTU BOZ OP FN QFOTP QFSESF FM DPODFSU EF .BOFM FM EJB B 'POU J $VT TØ ²T VO HSVQ RVF BDBCP EF EFTDPCSJS J FN WF NPMU EF HVTU * UBNCÏ BOJSÏ BM $FSUBNFO EF .POÛMFHT FN GB HSËDJB *OEFQFOEFOUNFOU EF MFT 'FTUFT EF .BJH BRVFTU BOZ IJ IB VOB OPWB BDUJWJUBU FM +PD EF #BEBMPOB ²T VOB QSPQPTUB NPMU EJWFSUJ EB J FTQFSP RVF UJOHVJ ÒYJU &M SFTQPOTBCMF ÏT MB HFOU EF -B 4BSHBOUBOB RVF FTUBO GFOU VOB GFJOB JNQPSUBOU QFS B MB DJVUBU J NPMU CFO GFUB PGFSJOU FM TFV FTQBJ BM DBSSFS EF MB $PTUB QFS EVS B UFSNF BDUJWJUBUT GPSÎB JOUFSFTTBOUT ²T JNQPSUBOU RVF IJ IBHJ VOB JOJDJBUJWB QSJWBEB QFS UJSBS FOEBWBOU MB DVMUVSB EF MB DJVUBU &O VOB DJVUBU HSBO DPN #BEB MPOB ÏT JNQSFTDJOEJCMF RVF MB DJVUBEBOJB T JNQMJRVJ NÏT FOMMË EF MFT BDUJWJUBUT RVF FT GBO EFT EF M "KVOUBNFOU 5PUIPN IBVSJB EF TFS QBSUÓDJQ EF #BEB MPOB J GFS TF MB TFWB "RVFTU ÏT UBNCÏ FM NJTTBUHF RVF WVMM GFS BSSJCBS BNC FM 1SFHØ
$PN B CPOB CBEBMPOJOB EFVT BOBS B NPMUT BDUFT EF MFT 'FTUFT QFSÛ RVJOT OP FU QFSESËT QFS B SFT EFM NØO &O HFOFSBM MFT NFWFT QSF GFSÒODJFT TØO MB /JU EF 4BOU "OBTUBTJ BNC MB $SFNBEB EFM EJNPOJ FWJEFOUNFOU J MB 'FTUB
VXSOHPHQ7
HGUVGU FG OCKI
BOZT EF MB 1BV (BSHBMMP BM 3FGVHJ
1PRVFT WFHBEFT MB DJVUBU ÏT DPOTDJFOU EF MB JNQPSUËODJB EF UFOJS VO DFOUSF DPN M &TDPMB E "SU J 4VQFSJPS EF %JTTFOZ 1BV (BSHBMMP B #BEBMPOB UBOU QFM RVF GB BMT BSUJTUFT RVF IJ TVSUFO UPUBMNFOU QSFQBSBUT DPN VO QSPGFTTPSBU RVBMJm DBU J DB QBÎ EF GFS VOFT PCSFT FYUSBPS EJOËSJFT DPN TPWJOU FT NPTUSFO
IHVWHV GH PLDJ
UFNQT FMT BOZT RVF QBTTFO FMT SFDPSET MB NFNÛSJB J FMT BMtMFHPSJTNFT RVF DPNQPSUFO BOZT B M FTRVFOB 6OB NPTUSB WBSJBEB J BMUBNFOU S F D P N B O B C M F B N C Q F D F T E BSUJTUFT EF UPUFT MFT EJTDJQMJ OFT RVF T FYFSDFJYFO BM $FOUSF DPN BSB DFSËNJDB JMtMVTUSBDJØ BOJNBDJØ HSËm DB FTDVMUVSB P JOUFSJPSJTNF 2VBSBOUB ²T BMIPSB VO IP NFOBUHF QFS B UPUT BRVFMMT BMVNOFT J QSPGFTTPST RVF IBO BOBU QBTTBOU QFS B M &TDPMB BM MMBSH E BRVFTUFT EÒDBEFT VOT BOZT PO T IB BQPTUBU GPSU QFS MB DSFBUJWJUBU QFS MB DVMUVSB QFS MB JOOPWBDJØ J QFS M FOTFOZBNFOU 6OB FYQPTJDJØ JOUFSFTTBOU TP CSFUPU QFS WFVSF FMT DPODFQUFT EFM UFNQT RVF QBTTB J MFT TFWFT DPOTFRàÒODJFT B USBWÏT EF MB NJSBEB E VOT KPWFT BSUJTUFT RVF BDBCBSBO TFOU FMT QBSFT EF MB DSFBUJWJUBU E BRVÓ B VOT BOZT 6OB NPTUSB RVF FOT PCMJHB B BUVSBS OPT EBWBOU EF DBEB QFÎB J PCTFSWBS MB BNC BUFO DJØ J TJ UFOJV MB TPSU EF UFOJS M BVUPS QFS BMMË OP EVCUFV FO QBSMBS IJ
FO FYQPTJDJPOT DBEB EPT BOZT BMT 3FGVHJ P BMHVOFT JOEJWJEVBMT BM $FOUSF $ÓWJD %BMU MB 7JMB 4PUB FM OPN EF 2VBSBOUB %VSBOU UPU FM NFT EF NBJH M &"4% 1BV (BSHBMMP DFMFCSBSË FMT TFVT BOZT E IJTUÛSJB BNC VOB FYQPTJDJØ DPMtMFDUJWB BNC QSPKFDUFT EF M BMVNOBU RVF HJ SFO BM WPMUBOU EFM DPODFQUF EF
UWRNGOGP6 -B DSJTJ /P QPEJB TFS VO BMUSF UFNB RVF BRVFTU QFSÛ UFOJB DMBS RVF FM EJNPOJ IBWJB EF USBDUBS BRVFTU UFNB TFOTF BNCJHàJ UBUT %FT EFM QSJNFS NPNFOU WBJH UFOJS DMBS RVF FM UFNB FSB MB DSJTJ - BOZ QBTTBU WB TFS MB TFRVFSB J BSB OP QBSB EF QMPVSF +BKBKBKB " WFVSF TJ IJ IB TPSU J USFORVFN BRVFTUB NB MFEJDDJØ RVF UFOJN BM EBNVOU DSFNFN FM EJNPOJ J T BDBCB MB DSJTJ FTUBSJB FODBOUBU 1PSUFT VO QBSFMM E BOZT USJPNGBOU FO MB UFWB GBDFUB E BDUPS J B NÏT FUT FM EJTTFOZBEPS EFM EJNPOJ )PNF OP FN QVD RVFJYBS ²T WFSJUBU &TUJD NPMU DPOUFOU QFSRVÒ UBOU BNC MB DPNQBOZJB RVF FTUË GVODJPOBOU NPMU CÏ DPN BNC MB NFWB WFTTBOU E JMtMVTUSBEPS RVF IF SFQSÒT EFTQSÏT E IBWFS MB BCBOEPOBU QFM UFBUSF
3VCÏO .POUB×È EJTTFOZBEPS EFM %JNPOJ 3VCÏO .POUB×È ÏT JMtMVTUSBEPS J BDUPS $SFBEPS EF MB DPNQBOZJB &HPT 5FBUSF OP QBSB EF GFS CPMPT J SFCSF QSFNJT QFS i3VEEJHPSF P MB /JTTBHB .BMFÕEBw J GB VOFT TFUNBOFT WB HVBOZBS FM QSFNJ QPQVMBS B MB .PTUSB E *HVBMBEB QFS M FTQFDUBDMF GBNJMJBS i&O +PBO TFOTF 1PSw &M TFV ÒYJU T IB WJTU DPNQMFNFOUBU BNC FM $SFNB M UV "SB FM TFV EJNPOJ KB PCTFSWB MB DJVUBU EFT EF MB QMBUKB J FMM TBUJTGFU FTQFSB MB $SFNBEB QFS BDPNJBEBS TF O
)B FTUBU FM QSJNFS EJNPOJ RVF IBT QSFTFOUBU /P FN WBJH QSFTFOUBS BM $SFNB M UV 'B USFT P RVBUSF BOZT BNC VO EJTTFOZ PO UBNCÏ IJ IBWJB VO QPSRVFU /P WBJH RVFEBS OJ m OBMJTUB OJ SFT QFSÛ BRVFTU BOZ FM QPSRVFU N IB QPSUBU TPSU
1SFQBSBU QFS MB $SFNBEB * UBOU "RVFTU BOZ TFSË NPMU FTQFDJBM "MHVOT BOZT QFS GFJOB OP IF QPHVU WFVSF MB $SFNBEB QFSÛ BRVFTU BOZ TÓ RVF IJ TFSÏ J UBOU
&M UFV EJNPOJ FTUË JNQSFHOBU EF M FTQFSJU EJNPOJBJSF 4Ó FN WBJH FTUBS NJSBOU UPUT FMT EJNPOJT EF MB IJTUÛSJB QFS FODPNBOBS NF E BRVFTU FT QFSJU J RVBO KB IP UFOJB WBJH QFOTBS FM NPUJV
* OP FU GBSË MMËTUJNB WFVSF NPSJS FM EJNPOJ FOUSF n BNFT /P 2VF WB &N GBSË JMtMVTJØ GPSNB QBSU EF MB GFTUB EF GFU ÏT MB HSËDJB RVBO FM DSFFT KB TBQT RVF FM TFV m OBM ÏT BRVFTU
VXSOHPHQ7
HGUVGU FG OCKI
&M EJB USBJFN B QBTTFKBS FM 4BOU EF M &THMÏTJB EF 4BOUB .BSJB m OT BM DBSSFS 4BOU "OBTUBTJ QBTTBOU QFM DBSSFS EF MB $PTUB .FOUSFT UBOU FMT NÏT QFUJUT FT EJTUSBVSBO BNC FMT +PDT 7VJUDFOUJTUFT J FMT NÏT MMBNJOFST GBSBO DVB QFS QSPWBS MB DPDB J MB YPDPMBUB RVF UBNCÏ T PSHBOJU[B BM DBSSFS 4BOU "OBTUBTJ ²T EVSBOU FM CFSFOBS RVF FT GBSË MB USBEJDJPOBM SJGB EF DPRVFT RVF DBVTB UBOUB FYQFDUBDJØ DPN TJ FT USBDUÏT CFO CÏ EF MB HSPTTB EF /BEBM .FO USF PNQMJN M FTUØNBD WFVSFN CBMMBS FMT 4BUBOBTJT J FM #BSØ EF .BMEË
6O EFMT BDUFT NÏT USBEJDJPOBMT J QPQVMBST EF MFT 'FTUFT FT QSPEVFJYFO FM EJB FM EJB EF 4BOU "OBTUBTJ ²T GFTUJV J BJYÛ GB RVF FMT DBSSFST EFM DFOUSF T PNQMJO EF QFSTPOFT RVF WPMFO BDPNQBOZBS FM DPQBUSØ EF MB DJVUBU FO MB TFWB QBTTBEB QFMT DBSSFST /PNÏT BRVFTU EJB QPEFN WFVSF FM CBMM SFWFSFODJBM FO RVÒ FT iGB CBMMBSw FM 4BOU &TQFSFN RVF FOHVBOZ TÓ RVF FT QPSUJO FMT PVT B MFT NPOHFT DMBSJTTFT QFS FWJUBS RVF QMPHVJ KB RVF M BOZ QBTTBU B DBVTB EF MB TFRVFSB FT WB EFDJEJS OP EVS MPT J WB QMPVSF B CPUT J CBSSBMT "RVFTU OP IFN EF QBUJS QFS MB TFRVFSB BJYÓ RVF OP PCMJEFN EF QPSUBS FMT PVT BM $POWFOU EF MB %JWJOB 1SPWJEÒODJB
IHVWHV GH PLDJ
"M NBUÓ M 0m DJ VOB USBEJDJØ EF TFHMFT " RVBSUT EF OPV EFM NBUÓ DP NFODFO MFT .BUJOBEFT FO RVÒ MB CBOEFSB EF $POGSBSJB EF 4BOU "OBTUBTJ SFDPSSFSË FMT DBSSFST E "SOÞT 1JFUBU .BS 1MBÎB EF MB 7JMB 4BOU "OBTUBTJ J EF MB $PTUB m OT B M &THMÏTJB EF 4BOUB .B SJB EFT E PO FT GBSË FM SFQJD EF DBNQBOFT " MFT DPNFOÎBSË M 0GJDJ 4PMFNOF VO BDUF RVF DPOHSFHB FMT NÏT EFWPUT J RVF EBUB BMNFOZT EFM TFHMF 97** 5BNCÏ BMFTIPSFT IJ IBVSË FM CBMM EF M ËMJHB J EFMT (FHBOUT EF #BEBMPOB
$PNFOÎB MB 1BTTBEB %FTQSÏT EF MB CBMMBEB EF TBS EBOFT BNC MB $PCMB .BSJOBEB B MB 1MBÎB EF MB 7JMB DPNFOÎB QSÛQJBNFOU MB QBTTBEB EF 4BOU "OBTUBTJ " MFT MFT FOUJ UBUT EF $VMUVSB QPQVMBS J USBEJ DJPOBM EF MB DJVUBU J MB $POGSBSJB QSPUBHPOJU[FO VO EFMT BDUFT NÏT FNCMFNËUJDT EF MFT 'FTUFT .J RVFMFUT 4BUBOBTJT #BEBMPOB #ÒTUJFT EF 'PD M &TCBSU 4BOU +PSEJ $BTUFMMFST J %JBCMFT BDPNQBOZFO FM 4BOU EFT EFM DB SSFS 4BOU "OBTUBTJ m OT B MB 1MBÎB #BSCFSË QBTTBOU QFS 'SBODFTD -BZSFU 4BOU 'SBODFTD E "TTÓT 'SB #BTJMJ EF 4BOU +PTFQ 4BOU .JRVFM $BOPOHF #BSBOFSB EF OPV 'SBODFTD -BZSFU $BSNF J 5FNQMF " RVBSUT EF OPV FT QPTB QVOU J m OBM B MB GFTUJWJUBU BNC FM $BOU EFMT (PJHT B DËSSFD DPN TFNQSF EF M 0SGFØ #BEBMPOÓ
-B CBJYBEB EFM 4BOU J MB DPDB -B QBSU NÏT GFTUJWB UJOESË MMPD B MB UBSEB B QBSUJS EF MFT I RVBO DPNFOÎB MB CBJYBEB EFM 4BOU BDPNQBOZBU EF MFT FOUJUBUT EF DVMUVSB QPQVMBS J USBEJDJPOBM EFT
UWRNGOGP6
&M %JNPOJ UBNCÏ DSFNB FMT WJDJT EFMT NÏT QFUJUT " #BEBMPOB UFOJN VOB USBEJ DJØ CFO DVSJPTB RVF UPU J RVF FT GB EFT EF OP GB UBOUT BOZT KB T IB DPOWFSUJU FO VO DMËTTJD EF MFT 'FTUFT EF .BJH "GFDUB FMT NÏT QFUJUT EF MB DBTB J DPOTJTUFJY FO MMFOÎBS FMT YV NFUT QFSRVÒ DSFNJO UBNCÏ BNC FM %JNPOJ MB /JU EF 4BOU "OBTUBTJ 5BSE P E IPSB BSSJCB FM NP NFOU FO RVÒ FMT NFOVUT T IBO EF EFTQSFOESF EFMT YVNFUT ²T VO E BRVFTUT BDUFT RVF MB NBKPSJB OP SFDPSEFN RVBO WB TFS QFSÛ RVF JOEJDB TJN CÛMJDBNFOU RVF DPNFODFN B GFS OPT HSBOT 1FS BJYÛ EJFT BCBOT EF MB DSFNBEB FMT NÏT QFUJUT BDPNQBOZBUT QFMT QBSFT MMFODFO FM YVNFU B MB GBMEB EFM EJNPOJ QFSRVÒ RVFEJ FOHPMJU QFS MFT CSBTFT EFM GPD %F GFU IJ IB FTDPMFT CSFTTPM EF MB DJVUBU RVF PSHBOJU[FO TPS UJEFT QFSRVÒ TJHVJO FMT QSPQJT OFOT RVJ FT EFTQSFO HVJO E BRVFTU PCKFDUF UBO QFSTPOBM "DPTUVNB B TFS FM NBUFJY EJB RVF FMT OFOT J OF OFT QPSUFO FM TFV QFUJU EJNPOJ GFU EF DBSUSØ EF QBQFS P EF QMËTUJD B MB GBMEJMMB EFM HFHBOU BNC CBOZFT &T EJV RVF BJYÓ UBO EJNPOJFUT DPN YVNFUT DSFNFO BNC FM EJNPOJ EB WBOU M BUFOUB NJSBEB EF UPUT FMT CBEBMPOJOT &M RVF OP TF
RVF UFOFO ÞT EF SBØ %F CFO TFHVS RVF EFJYBS BRVFTU WJDJ DBVTB OP QPDT QMPST
TBQ ÏT DPN QBTTFO BRVFMMB OJU FMT NÏT QFUJUT EFTQSÏT E IBWFS QFSEVU M PCKFDUF RVF FMT IB BDPNQBOZBU EFT EF
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$FSDBCÒTUJB 4FOT EVCUF VOB EF MFT NJ MMPST BDUJWJUBUT QFS GFS BNC UPUB MB GBNÓMJB " MFT I T IBVSBO EF CVTDBS FMT ESB HPMJOT B MB 1MBÎB EF MB 7JMB )J IBVSË BOJNBDJØ B DËSSFD EF 9JQ 9BQ J MB %SBNËUJDB EFM $ÓSDPM $BUÛMJD < > 0O TØO FMT ESBHPMJOT B MB 1MBÎB EF MB 7JMB %JTTBCUF EF NBJH B MFT EFM NBUJ
< > 'FTUB *OGBOUJM BM 1BSD EF .POUJHBMË %JVNFOHF EF NBJH EF B I BM QBSD EF .POUJHBMË
< > 9* $PSSFGPD *OGBOUJM %JTTBCUF EF NBJH B MFT EF MB UBSEB
< > +PDT 7VJUDFOUJTUFT %JMMVOT EF NBJH B MFT EF MB UBSEB
IHVWHV GH PLDJ
FTQFDUBDMF JUJOFSBOU TPUB FM UÓUPM i.FHËOJNBMTw BNC MB DPN QBOZJB .BEVJYB $SFBDJPOT 5FBUSBMT J VOB FYIJCJDJØ EF DJSD B MB DBSQB EFM $JSD .FOVU -B EJWFSTJØ FTUË BTTFHVSBEB
0O[F BOZT EF $PSSFGPD JOGBOUJM 6O DPSSFGPD QFSRVÒ FMT NÏT QFUJUT TFOUJO M PMPS B GPD J GFUB B NJEB E FMMT )J QBSUJDJQFO NÏT EF WJOU FOUJUBUT CBEB MPOJOFT
-B 'FTUB *OGBOUJM BSSJCB B .POUJHBMË 6O BOZ NÏT FM QBSD EF .PO UJHBMË TFSË M FTQBJ SFTFSWBU QFSRVÒ HSBOT J QFUJUT QVHVJO DPNQBSUJS VO EJB EF EJWFSTJØ 6O HSBO MBCFSJOU SFQUBSË FMT QBSUJ DJQBOUT B GFS ÞT EF MFT TFWFT IB CJMJUBUT QFS EFTCMPDBS MFT QPSUFT RVF BOJSBO USPCBOU BM MMBSH E VO FOUSBNBU EF QBTTBEJTTPT m OT BDPOTFHVJS MB TPSUJEB %VSBOU UPU FM EJB IJ IBVSË EJWFSTFT BDUJWJUBUT DPN VO SBDØ EF DPO UFT BNC FO 3PHFS $BOBMT VO
BOZT GFOU 9FSJOPMB BM DBSSFS 4BOU "OBTUBTJ 6 O B G F T U B N P M U G B N J M J B S BESFÎBEB B UPUT FMT OFOT J OFOFT EF #BEBMPOB EF MB RVBM BRVFTU BOZ TF DFMFCSB MB B FEJDJØ )J IBVSË KPDT NÞTJDB J MB USBEJDJPOBM UØN CPMB EJOT FM UFBUSF -B 9F SJOPMB FTUB PSHBOJU[BEB QFM $ÓSDPM $BUÛMJD < > 9FSJOPMB BM DBSSFS 4BOU "OBTUBTJ %JVNFOHF EF NBJH EVSBOU UPU FM EJB
UWRNGOGP6
-B .ÞTJDB EF MFT 'FTUFT
t -PT %FMJORàFOUFT t &MT .BOFM FO DPODFSU
-B NÞTJDB BNBOTB B MFT GFSFT QFSÛ TPWJOU MFT GB FNCPHJS m OT B MÓNJUT JOTPTQJUBCMFT $PN DBEB BOZ MB NÞTJDB ÏT QSPUBHPOJTUB FO VOB QSPHSBNBDJØ WBSJBEB J BNC GPSNBDJPOT EF QSJNFSB EJWJTJØ
-B GVTJØ J FMT NBDSPDPODFSUT & M 5V S Ø E F O $ B S J U H Ï T M FTDFOBSJ EFMT DPODFSUT NVMUJ UVEJOBSJT J FO FMT EBSSFST BOZT EFMT DPODFSU EF M BOPNFOBEB NÞTJDB EF GVTJØ RVF BHSB EB J U BTTFHVSFT RVF T PNQMJ %JTTBCUF B QBSUJS EF MFT EFV BDUVBDJPOT EF MB CBOEB EF SVNCB 2VF 1VN 2VF 1BN EFTQSÏT /PVS PO NFMPEJFT ËSBCT DPNCJOFO BNC TPOT FMFDUSÛOJDT PDDJEFOUBMT J QFS UBODBS 0KPT EF #SVKP RVF QSFTFOUBSBO FM TFV EBSSFS EJTD "PDBOÈ -B /JU EF 4BOU "OBT UBTJ FT QSFTFOUB DBSSFHBEB EF SPDL SVNCB J n BNFOD 6O 1PFUB FO 1BSP FODFUBSË FM DPODFSU EFTQSÏT MB SVNCB EF "J "J "J J QFS BDBCBS FM DB UYPOEFP J NÞTJRVFT WBSJBEFT EF -PT %FMJORàFOUFT
1SPEVDUFT OBDJPOBMT 1FHBTVT VOB EF MFT NÓUJRVFT GPSNBDJPOT EF M BOPNFOBU KB[[ GVTJØ BMT BOZT J BOZT TFOTF UPDBS J BSB UPS OFO B QVKBS BMT FTDFOBSJT VO E FMMT FM EF MB QMBÎB EF MB WJMB FM EJWFOESFT B MFT WVJU &M NBUFJY EJB B EPT EF EFV B MB 1MBOB (PTTPT BDUVBSBO B #BEBMPOB QFS QSFTFOUBS 0YJHFO VO EJTD TPOBEÓTTJN J RVF OP QBSFO EF SPEBS QFS $B UBMVOZB 6OB EF MFT QSPQPTUFT NÏT JOUFSFTTBOUT TFSË QFS MB %JBEB EF 4BOU "OBTUBTJ BNC M BDUVBDJØ EF .BOFM RVF WJO ESBO B MB DJVUBU B QSFTFOUBS FM TFV FYDFMtMFOU QSJNFS EJTD i&MT NJMMPST QSPGFTTPST FVSPQFVTw B MFT IPSFT B MB QMBÎB 'POU J $VTTØ
VXSOHPHQ7
HGUVGU FG OCKI
t -B 1SJODJQBM EF MB #JTCBM t 1BTDBM $PNFMBEF
&MT $MËTTJDT RVF OP QPEFO GBMUBS -B 1SJODJQBM EF MB #JTCBM QSFO FM SFMMFV EF M 0SRVFTUSB .FSB WFMMB FO FM USBEJDJPOBM #BMM EFM .JDBDP VO EFMT BDUFT JNQSFT DJOEJCMFT EF MFT GFTUFT RVF UPU CBEBMPOÓ IB EF WJTJUBS MB /JU EF 4BOU "OBTUBTJ 1FS BMUSB CBO EB FM EJB B MFT OPV MB .VSUSB &OTFNCMF QSFTFOUBSË i+B[[ FOUSF $MËTTJDTw &MT "NJDT EF MB .ÞTJDB DPMtMBCPSFO FO MFT 'FTUFT BNC FM DPODFSU /FX 4XJOH 0SDIFTUSB FM EJB B MFT BMT 1BSFT $BSNFMJUFT J DPN TFNQSF MB #BOEB 4J NGÛOJDB EF #BEBMPOB PNQMJSË MB QMBÎB EF MB 1MBOB FM EJB B QBSUJS EF MFT I BNC VO DPODFSU RVF BOJSË EF 5ÈMFOT B #PSPEJO QBTTBOU QFS +BHFS
t Ò $PODVST EF .ÞTJDB
$B M "SOÞT M BMUFSOBUJWB $B M "SOÞT NBSDB MB EJGFSÒODJB J MB RVBMJUBU BNC USFT DPODFS UT RVF QSPNFUFO - FTUJNBU P PEJBU "MCFSU 1MB WJOESË B #BEBMPOB FM EJKPVT QFS QSFTFOUBS -B %JGFSFODJB FO VO FTQFDUBDMF PO FMM T IP GB UPU - FOEFNË (JVMJB Z MPT 5FMMBSJOJ BVUPST E VOB DBOÎØ EF MB #40 EF 7JDLZ $SJTUJOB #BSDFMPOB NPTUSBSBO FM TFV HSBO WFOUBMM FTUJMÓTUJD EF NÞ TJRVFT EFM NØO * 'JOBMNFOU EJTTBCUF 1BTDBM $PNFMB EF KVOUBNFOU BNC #FM $BOUP 0SRVFTUSB 6O EFMT DPODFSUT NÏT FTQFSBUT J FTQFDJBMT RVF OP FT QPEJB GFS B DBQ BMUSF MMPD RVF OP GPT $B M "SOÞT
IHVWHV GH PLDJ
5PRVFO B DBTB .JDB FO NJDB MFT CBOEFT EF #BEBMPOB WBO GPSNBOU QBSU EFM DBSUFMM EF GFTUFT IJ IB RVJ UÏ TPSU E BDUVBS BNC FM iHSBOTw DPN BSB 6O QPFUB FO QBSP P 2VF QVN RVF QBN "SB CÏ QFS FTDPMUBS IPSFT J IPSFT EF NÞTJDB GFUB B DBTB MB NJMMPS PQDJØ ÏT MB 'JOBM EFM $PODVST EF .ÞTJDB EF #BEBMPOB RVF FOHVBOZ DPNQUB BNC VOT m OBMJTUFT E VOB RVBMJUBU FYUSBPSEJOËSJB %JTTBCUF B MFT OPV BM 5VSØ E FO $BSJUH P CÏ BOBS BM DPODFSU EF CBOEFT EF #BEBMPOB RVF FT GBSË B $BO $BCBOZFT FM EJWFOESFT B MFT I
UWRNGOGP6
$JOD BOZT EF GFTUFT BMUFSOBUJWFT B MB GFTUB Pm DJBM
4PUB FM MFNB EF 'FOU DVMUVSB GFN DJVUBU MB DPPSEJOBEPSB 1PQVMBS EF 'FTUFT EF .BJH RVF BHMVUJOB VOB WJOUFOB E FOUJUBUT CBEBMPOJOFT PSHBOJU[B QFS DJORVÒ BOZ MB 'FTUB .BKPS "MUFSOBUJWB &OHVBOZ EFT EF MB $PPSEJOBEPSB SFDMBNFO MB DSFBDJØ E VOB $PNJTTJØ EF GFT UFT PO UPUFT MFT BTTPDJBDJPOT RVF IP WVMHVJO QVHVJO QBSUJDJ QBS IJ -B $PNJTTJØ UBNCÏ TFSJB M FODBSSFHBEB E PSHBOJU[BS FM QSPHSBNB EF MFT 'FTUFT EF .BJH -B $PPSEJOBEPSB IB NB OJGFTUBU RVF GB DJOD BOZT RVF EPOFO FYFNQMF J EFNPTUSFO RVF BRVFTUB $PNJTTJØ EF 'FT UFT ÏT QPTTJCMF QFSRVÒ PSHB OJU[BOU MB 'FTUB "MUFSOBUJWB PO IJ QBSUJDJQFO EJWFSTFT FOUJUBUT J BTTPDJBDJPOT EF MB DJVUBU &M QSFHØ BSSFODB BRVFTU EJWFOESFT MB 'FTUB "MUFSOBUJWB &M NPOVNFOU EF 3PDB J 1J B MB 3BNCMB TFSË UFTUJNPOJ BRVFTU EJWFOESFT EF NBJH B MFT I EFM 1SFHØ EF GFTUFT J TFHVJEBNFOU E VO FT QFDUBDMF EF GPD B DËSSFD EF MFT DPMMFT EF GPD EF MB $PPSEJ OBEPSB 5PU TFHVJU UJOESË MMPD FM DMËTTJD $PSSFCBST QFS EJWFSTPT MPDBMT EFMT DBSSFST EFM DFOUSF EF #BEBMPOB %F DBSB B EJVNFOHF EF NBJH UJOESË MMPD VOB OP WFUBU EFM QSPHSBNB E FOHVBOZ
B MB NBUFJYB IPSB TPUB FM UÓUPM i1BSUJDJQBOU DSFFN JEFOUJUBUw -B SFTUB E BDUFT BSSJCBSBO FM DBQ EF TFUNBOB EFM J EF NBJH &M EJWFOESFT UJOESË MMPD FM KB USBEJDJPOBM 3BDØ ¶OUJN B MB 1MBÎB $POTUJUVDJØ B QBSUJS EF MFT I %F DBSB B EJTTBCUF EF NBJH TF DFMFCSBSBO FMT EBSSFST BDUFT BNC VOB $BNJ OBEB 1PQVMBS EFT EF MB 1MBÎB EF +PBRVJN -MBEØ B #VGBMË B QBSUJS EF MFT I EFM NBUÓ "M WFTQSF B MFT I UJOESË MMPD MB .BTJB EF $BO $BCBOZFT FM $PODFSU B DËSSFD EFMT HSVQT 1PDB #SPNB .S 4IVSF +B SBOB J 4LBGBN
&MT DBSSFST EF MB DJVUBU TFSBO M FTDFOBSJ B QBSUJS EF MFT EFM NBUÓ E VOB (JNDBOB 1PQVMBS RVF TPSUJSË EFT EF MB 3BNCMB J BSSJCBSË BM 1BSD EF MB #ÛCJMB BM CBSSJ EF MB .PSFSB "M NJHEJB EF EJVNFOHF UJOESË MMPD VO EJOBS QPQVMBS BM NBUFJY QBSD 9FSSBEFT QFS TBCFS RVJOT FMFNFOUT E JEFOUJUBU UÏ #BEBMPOB &M EJNFDSFT EF NBJH UJOESË MMPD VOB YFSSBEB TPUB FM UÓUPM i"NC JEFOUJUBU QBSUJDJQFNw RVF USBDUBSË TPCSF RVJOT TJH OFT E JEFOUJUBU UÏ #BEBMPOB -B YFSSBEB DPNFOÎBSË B MFT I B MB .BTJB EF $BO $B CBOZFT 5BNCÏ O IJ IBVSË VOB BMUSF FM EJNFDSFT EF NBJH
< > 'FTUB .BKPS "MUFSOBUJWB XXX GNBCBEBMPOB PSH
VXSOHPHQ7
HGUVGU FG OCKI
BOZT DPORVFSJOU FM DBSSFS FMT EFUSBDUPST EF MB JOJDJBUJWB i+B GFJB VOT BOZT o EJV 4PMFS J "NJHØ o RVF FMT FTDPMUFT DFMFCSBWFO MB GFTUB EFM #BEJV J WBN EFDJEJS RVF MFT 'FTUFT EF .BJH TFSJFO QSFDFEJEFT QFS BRVFTUB GFTUB RVF FT GFJB B $BO 4PMFJw -B JEFB FSB QFS TPCSF EF UPU BDPOTFHVJS RVF MFT GFTUFT EFJYFTTJO EF TFS PGJDJBMT QFS TFS USBEJDJPOBMT J QPQVMBST
&M FT WB GPSNBS FM QSJNFS BKVOUBNFOU EFNPDSËUJD EFT QSÏT EFM GSBORVJTNF % BJYÛ O IB GFU BOZT &O FM DBNQ EF MB DVMUVSB VOB EF MFT GFJOFT NÏT JNQPSUBOUT RVF FT WBO EVS B UFSNF WB TFS MB SFDVQFSBDJØ EF MFT 'FTUFT EF .BJH -B SFWJT UB &M 5PU IB WPMHVU SFNFNPSBS BRVFTUB FGFNÒSJEF BNC VO EFMT NËYJNT FTQFDJBMJTUFT EF DVMUVSB QPQVMBS EFM QBÓT +PBO 4PMFS J "NJHØ RVF B NÏT WB TFS 3FHJ EPS EF $VMUVSB E BRVFTU QSJNFS DPOTJTUPSJ 6OB GFTUB RVF EBUB EF TFHMFT %F GFU WB TFS BM TFHMF 97** RVBO FT WB EFDJEJS RVF 4BOU "OBTUBTJ TFSJB QBUSØ EF #BEBMPOB &M NFT EF NBJH WB PNQMJS TF EF GFT UFT NBMHSBU RVF MB 'FTUB .BKPS E "HPTU DPOUJOVBWB TFOU MB NÏT JNQPSUBOU EF MB WJMB "NC FM QBT EFMT TFHMFT MB GFTUB WB QFSESF JNQPSUËODJB J EVSBOU MB (VFSSB $JWJM FTQBOZPMB MB DJVUBU OP FT UBWB QFS HBJSFT DFMFCSBDJPOT 7B TFS EFTQSÏT EF MB HVFSSB RVF M IJTUPSJBEPS +PTFQ .BSJB $VZËT J 5PMPTB MMFHFJY FO VO EJBSJ EFM #BSØ EF .BMEË EFM TFHMF 97*** RVF BMFTIPSFT T IBWJB DSFNBU B MB DJVUBU VO im HVSPOw B MB QMBUKB EF #BEBMPOB +VOUBNFOU BNC MB $POGSBSJB EF 4BOU "OBTUBTJ EFDJEFJYFO DSFNBS VO EJNPOJ EBWBOU MFT FY DBWBDJPOT EFM GVUVS .VTFV &SB M BOZ FM RVF WPM EJS RVF FM
t %JNPOJ EF MhBOZ
EJNPOJ RVF DSFNBSË BRVFTU EF NBJH TFSË FM OÞNFSP &M FT SFDVQFSB M FTQFSJU EF MFT 'FTUFT - BMDBMEF 'FMJQ "OUPKB WFV M ÒYJU QPQVMBS E BRVFTUFT GFTUFT J TF MFT BQSPQJB EPOBOU MJ FM OPN EF i'JFTUBT EF MB 1SJNBWFSBw -B JOTUJUVDJPOBMJU[BDJØ EF MFT GFTUFT GB QFSESF FM TFV DBSËDUFS NÏT QPQVMBS "JYÓ WB TFS m OT RVF FM FM QSJNFS BKVOUBNFOU EFNPDSËUJD EFDJEFJY SFDVQFSBS OF M FTQFSJU USBEJDJPOBM i)J IBWJB TFDUPST RVF QSFGFSJFO USFODBS BNC UPU BJYÛ J OP SFDVQFSBS MFTw SFDPSEB 4PMFS J "NJHØ 3FHJEPS EF $VM UVSB EF M ÒQPDB &M QSJNFS RVF FT EFDJEFJY FT SFDVQFSBS FM UFSNF EF i'FTUFT EF .BJHw J DPOWÒODFS
, -/ 1,
IHVWHV GH PLDJ
-FT QSJNFSFT 'FTUFT EF .BJH &M QSJNFS QSPHSBNB EF 'FTUFT QSFUFOJB RVF HSBOT J QFUJUT EF UPUT FMT CBSSJT IJ USPCFTTJO FM TFV FTQBJ &O FM QSJNFS QSPHSBNB IJ IBWJB M 0SGFØ #BEBMPOÓ B 4BOU 3PD DFSDBWJMFT QFS EJWFSTPT CBSSJT MB DSFNBEB EFM EJNPOJ B MB 3BNCMB FM CBMM EFM .JDBDP B MB 1MBÎB EFM 4PM FTQFDUBDMFT JOGBOUJMT B .PSFSB FM CBMM EFM EËUJM RVF FT GFJB B -MFm Ë IBWBOFSFT M BDUVBDJØ EF .BSJOB 3PTTFMM J VOB MMBSH FUDÒUFSB 5BNCÏ EBUFO E BRVFTUFT QSJ NFSFT GFTUFT MB JOTUBVSBDJØ EF MB QSJNFSB 'FTUB EF MFT .JHVFT J EF MFT m SFT EF MB 5FSSJTTB J EF M "SSPQ 4PMFS J "NJHØ SFDPSEB RVF iFSFO VOFT 'FTUFT EJTTFO ZBEFT QFS MFT FOUJUBUT BNC RVJ FOT SFVOÓFN QFS QFOTBS FO MFT TFHàFOUTw "RVFTUB QBSUJDJQB DJØ DSFV M FYSFHJEPS T IB QFSEVU J BJYÛ IB QSPWPDBU RVF iDBEB CBSSJ UFOEFJYJ B PSHBOJU[BS MFT TFWFT GFTUFT QFSEFOU TF MB WJTJØ EF DJVUBUw
/
UWRNGOGP6
1BTTBUFNQT $PN DBEB BOZ &M 5PU FU QSFTFOUB FM QBTTBUFNQT EF MFT 'FTUFT EF .BJH 4JHVFT FM QSJNFS FO EFNPTUSBS FM UFV CBEBMPOJTNF DPOUFTUBOU VOFT QSFHVOUFT NPMU GËDJMT -B TFUNBOB RVF WF UJOESËT MB SFTQPTUFT B MB SFWJTUB &M 5PU
3FMBDJPOB 3FMBDJPOB BRVFTUT DPNFOUBSJT EF MB HFOU EF MB DPMVNOB EF M FTRVFSSB BNC MFT BDDJPOT UÓQJRVFT EF MFT 'FTUFT RVF IJ IB B MB DPMVNOB EF MB ESFUB t $PN FT OPUB RVF IJ IB DSJTJ t 0O ÏT MB .BJUF t 2VJ DPJ TØO BRVFTUT t $SFD RVF N IBO UJSBU QJQÓ
B t (BVEJOU EFM DPSSFGPD
C t .JSBOU FM QSFHØ
D t 7FJFOU DSFNBS FM %JNPOJ
E t 7FJFOU (JVMJB Z -PT 5FMMBSJOJ
4PQB EF -MFUSFT 5SPCB TFU DPTFT EPMFOUFT RVF DSFNBSJFT BNC FM EJNPOJ 3FDPSEB RVF QPEFO FTUBS FO IPSJU[POUBM WFSUJDBM EJBHPOBM J m OT J UPU MMFHJU BM SFWÏT
-FT EVFT DBSFT 4FHVSBNFOU OP ÏT FM DBT EFMT OPTUSFT QPMÓUJDT QFSÛ BRVFTUT EPT QFSTPOBUHFT UFOFO EPCMF DBSB $BEBTDVOB E BRVFTUFT GPUPHSBm FT BNBHB EVFT DBSFT EF EPT QPMÓUJDT EF MB DJVUBU " WFVSF TJ FMT SFDPOFJYFT
4VQMFNFOU EF MFT 'FTUFT EF .BJH h 3FEBDUPST $BSMFT $BSWBKBM $BSMFT 5PSOFSP J (JOB EF 5FSB "HSBÕNFOUT "KVOUBNFOU EF #BEBMPOB J NFNCSFT EF MFT 'FTUFT "MUFSOBUJWFT
VXSOHPHQ7