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727 %DGDORQD
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SHUVRQHV
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"RVFTU QBTTBU EJWFOESFT TFHVS RVF NPMUFT QFSTPOFT FT WBO UPSOBS B USPCBS EFTQSÏT EF RVBTJ BOZT "SB KB OP FMT UPDB FOTFOZBS FM DBSOFU E JEFOUJUBU QFS EFNPTUSBS RVF UFOFO MB NBKPSJB E FEBU &TUFN QBSMBOU EF MB USPCBEB RVF BMHVOT OPTUËMHJDT WBO DFMFCSBS B MB DBSQB EF 5JUVT QFS SFDPSEBS BMHVOT EFMT NPNFOUT RVF WBO WJVSF B M FNCMFNËUJD 5JUVT QMBUKB RVF FM QSPQFS HFOFS GBSË BOZT RVF WB TFS FOEFSSPDBU B DBVTB EF MB -MFJ EF $PTUFT -B IJTUÛSJB EF MB NBSDB 5JUVT EF MB GBNÓMJB 'POPMMË EBUB EF RVBO FSFO VOT CBOZT UPU J RVF FM WB PCUFOJS MB MMJDÒODJB EF TBMB EF CBMM %VSBOU FMT BOZT TFUBOUB KB FSB NÏT RVF VOB EJTDPUFDB J FT DPOWFSUJB FO VO QVOU EF USPCB EB EF NPMUT CBEBMPOJOT RVF OP QPEFO JNBHJOBS MB TFWB BEPMFTDÒODJB TFOTF SFDPSEBS BMHVOT EFMT NPNFOUT WJTDVUT B M FNCMFNËUJD FEJm DJ EF MB 3BNCMB EF #BEBMPOB
2VBTJ BOZT TFOTF FM 5JUVT QMBUKB 4Ó /PTBMUSFT KB UFOJN BM DBQ NVOUBS VOB GFTUB QFS BRVFT UB FGFNÒSJEF J EF GFU UFOJN B NJUHFT VO MMJCSF EF GPUP HSBGJFT BNC UPUB MB IJTUÛSJB EF 5JUVT EFT EF BNC GPUPHSBm FT %F NPNFOU IP IFN EFJYBU Q BS BU Q F S D F O U S BS O P T F O BRVFTUB GFTUB RVF WB WFOJS EF TPCUF )B TPSUJU EF MB JOJDJBUJWB QPQVMBS PJ 4Ó WB TFS VO BOUJD DMJFOU J FYUSFCBMMBEPS BNC VOT RVBOUT BNJDT RVF WBO PCSJS VOB QËHJ OB BM GBDFCPPL RVF FT EFJB iKP UBNCÏ BOBWB BM 5JUVT QMBUKBw J T IJ BOBU BGFHJOU HFOU $BEB WFHBEB IB UJOHVU NÏT SFTTÛ J T IB DSFBU VOB FYQFDUBDJØ
1FSTPOFT JOEE
i.PMUB HFOU FN EJV RVF WB DPOÒJYFS MB TFWB EPOB P FM TFV NBSJU B 5JUVT 1MBUKBw
3BNPO 'POPMMË QSPQJFUBSJ EF 5JUVT JODSFÕCMF 'JOT J UPU FOT IFN RVFEBU EFTCPSEBUT
7B DBVTBS VOB HSBO DPNNPDJØ FOUSF MB HFOU 4Ó )J IBWJB QFSTPOFT RVF WBO BOBS B CVTDBS MFT QFESFT RVF WBO RVFEBS RVF FT WBO RVF EBS BNC UBVMFT DBEJSFT 7B TFS NPMU QSFDJQJUBU QFS RVÒ GJOT B M ÞMUJN NPNFOU Q F O T Ë W F N R V F Q P E S Ó F N BHVBOUBS /P WB IBWFS IJ DBQ GPSNB EF OFHPDJBS IP NBMHSBU RVF FO BRVFMM NPNFOU KP DSFD RVF FM 5JUVT CFOFm DJBWB NÏT #BEBMPOB RVF OP QBT MB QFSKVEJDBWB
$PN SFDPSEFT FM UBODBNFOU EF 5JUVT 1MBUKB 7B TFS NPMU EVS QFSRVÒ WP MÓFN GFS WFVSF BM .JOJTUFSJ RVF OP FSB VOB OFDFTTJUBU JNNFEJBUB M FOEFSSPDBNFOU 7BN JOUFSQPTBS NPMUT SFDVS TPT J IJ IBWJB NPMUB JODFSUFTB TPCSF FM RVF QBTTBSJB 5PUT KB TBCÓFN RVF QFS MB -MFJ EF $PTUFT IBWÓFN EF UBODBS QFSÛ TBCJB HSFV TFS FM QSJNFS QFSRVÒ FSB VO MMPD NÓUJD EF #BEBMPOB )J IBWJB E BMUSFT B MB DPTUB RVF EFNBOBWFO RVF FT UJSÏT FM TFV M FEJGJDJ J OP FMT GFJFO DBT J OPTBMUSFT WBN IBWFS EF TFS FMT QSJNFST /P FOUFOÓFN QFS RVÒ UBOUB QSFT TB TJ FODBSB OP T IJ IBWJB EF GFS VOB HSBO PCSB
2VBOUB HFOU FT EFWJB FOBNPSBS FO BRVFMMB EJTDPUFDB .PMUB HFOU FN EJV RVF IBWJB DPOFHVU MB TFWB EPOB P FM TFV NBSJU B 5JUVT 1MBUKB UPU J RVF BMHVO UBNCÏ KB T IBO TFQBSBU
727 %DGDORQD
1MBOUJMMB#BTF JOEE
727 %DGDORQD
DFWXDOLWDW
3ROÍWLFD &M 11 SFDMBNB OP QFSESF FM QBSD EF CPNCFST EFM 5VSØ E FO $BSJUH #BEBMPOB t &M 1SFTJEFOU EFM 11 9BWJFS (BSDÓB "MCJPM IB SFDMBNBU BM HPWFSO NVOJDJQBM RVF QBDUJ BNC MB (FOFSBMJUBU MB DPOUJOVÕUBU EFM QBSD EF CPNCFST EFM 5VSØ E FO $BSJUH RVBO FOUSJ FO GVODJPOBNFOU FM OPV QBSD B MB DBSSFUFSB EF $BOZFU &M MÓEFS QPQVMBS UBNCÏ WPM RVF TJHVJO FMT CPNCFST WPMVOUBSJT EF MB DJVUBU FMT RVF USFCBMMJO BM 5VSØ E FO $BSJUH RVBO T JOUFHSJO FO FM DPT BVUPOÛNJD )FN EF SFDPSEBS RVF BRVFTU DPT EF CPNCFST RVF USFCBMMB BM NBUFJY FEJmDJ RVF FMT BHFOUT EF MB (VËSEJB 6SCBOB WBO EFNBOBS TFHVJS USFCBMMBOU QFS MB DJVUBU TJ FSFO BCTPSCJUT QFS MB (FOFSBMJUBU QFS UBM EF DPCSJS UPUB MB EFNBOEB RVF HF OFSB #BEBMPOB 1FS BRVFTUB SBØ (BSDÓB "MCJPM FT NPTUSB DSÓUJD BNC FM DPOWFOJ TJHOBU FOUSF "KVOUBNFOU J %FQBSUBNFOU E *OUFSJPS EF MB (FOFSBMJUBU KB RVF FM HPWFSO TFHPOT FM SFHJEPS QPQVMBS iSFOVODJB B UPUB VOB TÒSJF EF NJUKBOT RVF OFDFTTJUB QFS UBM EF DPOUJOVBS PGFSJOU FMT TFSWFJT EF QSFWFODJØw &M 11 DPOTJEFSB RVF FMT TFU CPNCFST RVF USFCBMMFO QFS MB (FOFSBMJUBU TØO JOTVmDJFOUT i-B DPNQPTJDJØ EFM DPT EF CPNCFST QSPGFTTJP OBMT EF MB (FOFSBMJUBU ÏT DMB SBNFOU JOTVmDJFOU QFS BUFOESF NÏT E VO TJOJTUSF B MB DJVUBU &O VO QFS DFOU EF MFT WFHB EFT RVF T IB QSPEVÕU BRVFTUB DJSDVNTUËODJB FMT CPNCFST EF MB (FOFSBMJUBU IBO UJOHVU QSP
t &MT CPNCFST WPMVOUBSJT EF #BEBMPOB FO VO EFMT DVSTPT RVF JNQBSUFJYFO B E BMUSFT DPTTPT EF CPNCFST EF M &TUBU
VOB DPCFSUVSB BEFRVBEB EF MFT OFDFTTJUBUT RVF FT QSPEVFJYJO B UPU FM UFSNF NVOJDJQBM BDPT UBOU MP FO UFNQT J EJTUËODJB B [POFT E FTQFDJBM BUFODJØ DPN MFT WJFT SËQJEFT RVF DSFVFO MB DJVUBU J MB 4FSSBMBEB EF .BSJOBw &M HPWFSO UBNCÏ DSFV RVF FM USFCBMM DPOKVOU EF CPNCFST WP MVOUBSJT J QSPGFTTJPOBMT B $BOZFU TFSWJSË iQFS NJMMPSBS MB DPPSEJOB DJØ FOUSF BRVFTUT EPT DPTTPT E FNFSHÒODJFTw J M FTQBJ MMJVSF BM 5VSØ E FO $BSJUH TFSWJSË QFS BUFOESF M JODSFNFOU E BHFOUT EF MB (VËSEJB 6SCBOB 1FS ÞMUJN UBNCÏ T IB BDMBSJU RVF MB DFTTJØ EFM NBUFSJBM B MB (FOFSBMJUBU SFTQPO B GFU RVF ÏT FM HPWFSO BVUPOÛNJD RVJ UÏ iQMFOFT DPN QFUÒODJFT FO NBUÒSJB E FYUJODJØ E JODFOEJTw E BDPSE BNC FM RVF EJV M &TUBUVU
CMFNFT QFS BUFOESF VO TFHPO TJOJTUSF J FO BRVFTUT DBTPT IB FTUBU QSPWJEFODJBM M FYJTUÒODJB EFMT CPNCFST WPMVOUBSJT EF #BEBMPOB w (BSDÓB "MCJPM WB SF DPSEBS RVF FMT CPNCFST WPMVO UBSJT EF #BEBMPOB IBO FGFDUVBU NÏT E PO[F NJM TFSWFJT EFT EF M BOZ J RVF BRVFTUT TFSWFJT iT IBO QSFTUBU BNC VO DPTU NPMU CBJY QFS B MB DJVUBUw &M HPWFSO NBOUÏ RVF FM QBSD EF $BOZFU TFSË TVmDJFOU &M HPWFSO NVOJDJQBM IB SFTQPTU MFT DSÓUJRVFT EF M PQPTJDJØ BDV TBOU FM 11 EF DSFBS iBMBSNJTNF JOKVTUJmDBUw QFS QPTBS FO EVC UF RVF FM QBSD EF $BOZFU RVF T FTUË DPOTUSVJOU OP DPCSJSË UPUB MB EFNBOEB EF MB DJVUBU 4FHPOT FM HPWFSO MPDBM iMB VCJ DBDJØ EFM OPV QBSD HBSBOUFJY
'BMDØ USPCB iFYDFTTJWBw UBOUB GFTUB BMT CBSSJT #BEBMPOB t &M 1SJNFS 5JOFOU E "MDBMEF EF M "KVOUBNFOU EF #BEBMPOB FM DPOWFSHFOU 'F SSBO 'BMDØ USPCB iFYDFTTJ WBw J iEFTNFTVSBEB FM BMHVOT DBTPTw UBOUB GFTUB iQBHBEB BNC EJOFST EFMT DJVUBEBOT w FO SFGFSÒODJB B MFT GFTUFT EF CBSSJ RVF BRVFTUT EJFT PSHB OJU[FO MFT EJWFSTFT BTTPDJB DJPOT EF WFÕOT EF MB DJVUBU
1PMÓUJDB JOEE
ABMUSFT IJ WBOw 5PU J BJYÓ FM QSFTJEFOU EFM HSVQ NVOJDJQBM EF $J6 EFJYB DMBS RVF OP FTUË FO DPOUSB EF M BDUJWJUBU GFTUJWB EF MFT BTTPDJBDJPOT EF WFÕOT J WBMPSB MB GFJOB EFMT WFÕOT RVF iUSBJFOU UFNQT E PO QPEFO PSHBOJU[FO J USFCBMMFO NPMUÓTTJ NFT IPSFT QFS PGFSJS EJTUSBDDJØ BMT TFVT NJSBOU EF DPOmHVSBS VOB JEFOUJUBU DPMtMFDUJWBw
'BMDØ SFnFYJPOB BM TFV CMPD E JOUFSOFU TPCSF MB EJGJDVMUBU RVF DPNQPSUB DPNQMJS BNC UPUFT MFT GFTUFT RVF FT GBO B MB DJVUBU i+P WBJH B PO QVD B PO WVMM J B PO QFOTP RVF OP QVD EFGVHJS MB JOWJUBDJØ 4FNQSF IB FTUBU BJYÓ /P QVD TFS B UPU BSSFV J ÏT VO FSSPS FOUSBS B MB AWPSËHJOF E BOBS BMT MMPDT QFSRVÒ FU WFHJO P QFSRVÒ FMT
727 %DGDORQD
+PSEJ 4FSSB BTTJTUFJY B MB USPCBEB E BMDBMEFT BNC ;BQBUFSP #BEBMPOB t BMDBMEFT TP DJBMJTUFT EF DJVUBUT DBUBMBOFT EF NÏT EF IBCJUBOUT T IBO USPCBU BRVFTU QBTT BU EJKPVT B M "KVOUBNFOU EF #BSDFMPOB BNC FM QSFTJEFOU E F M H PWF S O D F O U S B M + P T Ï -VÓT 3PESÓHVF[ ;BQBUFSP QFS WBMPSBS FMT 'POT &TUBUBM E *OWFSTJØ -PDBM - BMDBMEF EF #BEBMPOB +PSEJ 4FSSB OP IB GBMUBU B MB DJUB KB RVF MB DJVUBU T IB CFOFmDJBU EF NJMJPOT E FVSPT QSPWJOFOUT EFM HPWFSO FTQBOZPM ;BQBUFSP IB QSPNÒT VO TF HPO 'POT E *OWFSTJØ -PDBM EF NJMJPOT E FVSPT EF DBSB B M BOZ WJOFOU J FMT BM DBMEFT MJ IBO EFNBOBU RVF FT QMBOFHJ NJMMPS BRVFTUB TFHPOB QSPQPTUB QFS OP IB WFS EF DØSSFS DPN IB QBTTBU FOHVBOZ QFS BEKVEJDBS MFT PCSFT &M QSFTJEFOU FTQBOZPM UBNCÏ IB QSPNÒT USFCBMMBS QFS VO FTDFOBSJ iRVF NJMMPSJ FM GJOBOÎBNFOU NVOJDJQBM RVF ÏT NPMU DPOWFOJFOUw &O BRVFTU TFOUJU M BMDBMEF 4F SSB WB FYQMJDBS RVF NBMHSBU MB DSJTJ J MB QSFDËSJB TJUVBDJØ FDPOÛNJDB EFMT BKVOUBNFOUT iIFN E BUFOESF JHVBMNFOU MFT
DFWXDOLWDW
$BSMFT 5PSOFSP
t ;BQBUFSP FO VO NPNFOU EF MB SFVOJØ nBORVFKBU QFS $FMFTUJOP $PSCBDIP J M BMDBMEF #BSDFMPOB +PSEJ )FSFV
OFDFTTJUBUT TPDJBMTw 5PTU FMT BMDBMEFT TPDJBMJTUFT WBO FTUBS E BDPSE FO WBMPSBS QPTJUJWB NFOU FM QSJNFS 'POT ;BQBUFSP DPN B JOTUSVNFOU QFS HFOFSBS PDVQBDJØ &M TFHPO QBRVFU EF NJMJPOT QFS BM T JOWFSUJSË FO OPWFT UFDOPMP HJFT TPTUFOJCJMJUBU J TFSWFJT TPDJBMT 1FS BMUSB CBOEB UPU J
FTUBS DPOWJEBUT FMT BMDBMEFT E *$7 &6J" EF $FSEBOZPMB J FM 1SBU EF -MPCSFHBU J FM EF $J6 EF 4BOU $VHBU OP IJ IBO BTTJTUJU QFS DPOTJEFSBS RVF MB DPOWPDBUÛSJB FSB FMFDUPSBMJTUB KB RVF T IB DFMFCSBU IPSFT BCBOT EF M BDUF DFOUSBM EF MFT FMFDDJPOT FVSPQFFT EFM 14$
&M SFHJEPS E &3$ EF 5JBOB EFOVODJB RVF IB FTUBU NVMUBU QFS QPSUBS FM $"5 B MB NBUSÓDVMB 5JBOB t &M SFHJEPS E &3$ EF M "KVOUBNFOU EF 5JBOB +PS EJ (PTU IB EFOVODJBU RVF MB TFUNBOB QBTTBEB WB TFS NVMUBU QFS MB (VËSEJB 6SCBOB EF #BSDFMPOB QFS QPSUBS FM EJTUJOUJV $"5 B MB NBUSÓDVMB EFM TFV DPUYF QBSUJDVMBS 4FHPOT IB FYQMJDBU (PTU EPT BHFOUT E BRVFTU DPT QP MJDJBM FM WBO BUVSBS FO WFVSF FM EJTUJOUJV UBQBOU M & EF MB NBUSÓDVMB MJ WBO EFNBOBS MB EPDVNFOUBDJØ J FM WBO TBO DJPOBS BNC VOB NVMUB EF FVSPT &T EØOB FM DBT RVF MB TFUNBOB 727 %DGDORQD
1PMÓUJDB JOEE
QBTTBEB FT DPNQMJFO BOZT EF MB QSPNFTB EF ;BQBUFSP E JODMPVSF EJTUJOUJVT BVUPOÛ NJDT B MFT NBUSÓDVMFT FM RVF GB QFOTBS B (PTU RVF BRVFTUB iÏT VOB DVSJPTB NBOFSB EF DFMFCSBS M BOJWFSTBSJw -B (VËSEJB 6SCBOB EF #BS DFMPOB IB FYQMJDBU RVF FM SF HMBNFOU QFSNFU TBODJPOBS BRVFTU UJQVT EF QSËDUJRVFT UPU J RVF MB MÓOJB IBCJUVBM ÏT GFS MB WJTUB HSPTTB &M SFHJEPS UJBOFOD KB IB QPTBU FM DBT FO NBOT EFMT BEWPDBUT E &3$ RVF USBNJUBSBO FM SFDVST
t +PSEJ (PTU ÏT M ÞOJD SFHJEPS E &3$ B M "KVOUBNFOU EF 5JBOB
DFWXDOLWDW
UHSRUWDWJH
$BSMFT $BSWBKBM
$BQ EF TFUNBOB QFS UBTUBS MB DVJOB EF #BEBMPOB #BEBMPOB t -B 3BNCMB BDP MMJSË VO BOZ NÏT MFT +PSOBEFT (BTUSPOÛNJRVFT RVF FOHVBOZ BSSJCBSBO B MB DBUPS[FOB FEJDJØ &O BRVFTU FTQBJ FT QPESBO EF HVTUBS MFT QSPQPTUFT HBTUSPOÛ NJRVFT RVF B USBWÏT EF UBTUPT CFO WBSJBUT J PSJHJOBMT BMHVOT SFTUBVSBOUT CBEBMPOJOT PGFSJ SBO EVSBOU FMT USFT EJFT EF mSB 5BNCÏ IJ IBVSË M PQPSUVOJUBU EF EFHVTUBS MB NÏT ËNQMJB J WBSJBEB PGFSUB EF WJOT J DBWFT BJYÓ DPN VO WBSJBU BTTPSUJNFOU EF QPTUSFT J QBTUJTTPT QFS QBSU E BMHVOT EFMT NJMMPST QBTUJTTFST EF MB DJVUBU $VJOB USBEJDJPOBM EF #BEBMPOB 1FS DJORVÒ BOZ DPOTFDVUJV FO FM NBSD EF MFT +PSOBEFT (BT USPOÛNJRVFT FT QSFTFOUBSË FM EJVNFOHF B MFT I M FTQBJ i$VJOB USBEJDJPOBM EF #BEB MPOBw "RVFTU BDUF WB OÏJYFS BNC MB WPMVOUBU EF SFDVQFSBS BOUJHVFT SFDFQUFT EF QMBUT RVF IBO FTUBU USBEJDJPOBMT J QPQV MBST B MB DJVUBU &OHVBOZ FM QMBU RVF FT QSFTFOUBSË TFSË i-FT .POHFUFT EF MB 'SBODJT #PJYw J TFSË QSFTFOUBU QFS MB NBUFJYB 4SB 'SBODJT #PJY CBEBMPOJOB WJODVMBEB BM NØO EFM DPNFSÎ &M QMBU RVF PGFSJSË FT QPEJB USPCBS B MB DBSUB EFM 3FTUBVSBOU KB
&M3FQPSUBUHF JOEE
EFTBQBSFHVU /FSFJEB EFM DBSSFS 4BOU -MPSFOÎ B UPDBS BNC FM DB SSFS EFM .BS J GFJB FM EFMJU EF UPUT FM RVJ FM QSPWBWFO QBTTBOU B TFS VO EFMT QMBUT NÏT TPMtMJDJUBUT QFS QBSU EF MB DMJFOUFMB EFM SFT UBVSBOU -B SFBMJU[BDJØ EFM QMBU TFSË B DËSSFD EFM SFTUBVSBOU $BO 'SBJ RVF FM QSFQBSBSË B QFV EF MB 3BNCMB
"DUJWJUBUT EJOT MFT +PSOBEFT %JWFOESFT I "DUF JOBVHVSBM BNC FM (SVQ E "OJNBDJØ 7BUVB M 0MMB I "DUVBDJØ EF M &TDPMB EF .ÞTJDB EF #BEBMPOB 'BE 5SJP
&TQBJ NÏT PCFSU J DVJOB QFS DFMÓBDT "RVFTU BOZ FM SFDJOUF EF MFT KPSOBEFT TFSË NÏT PCFSU J QFS NFUSË MB WJTJØ EF M JOUFSJPS EFM SFDJOUF EFT EF MB 1MBÎB 3PDB J 1J 4 IB EF EFTUBDBS RVF MB OJU EFM EJVNFOHF J DPJODJEJOU BNC M BDUVBDJØ NVTJDBM T FODFOESBO FTQFMNFT J GBOBMFUT QFS DSFBS VO BNCJFOU BDPMMJEPS BM BDBCBS FM DFSUBNFO 6OB BMUSB OPWF UBU JNQPSUBOU TFSË M BEBQUBDJØ EF NFOKBS BQUF QFS DFMÓBDT &M 3FTUBVSBOU "OUJD $FMMFS EF $BO .BSD FM EJWFOESFT J FM EJV NFOHF QSFQBSBSË FMT NBUFJYPT QMBUT BNC VOB BEBQUBDJØ BQUF QFS DFMÓBDT
%JTTBCUF I %FNPTUSBDJØ EF iDPN UBMMBS FM QFSOJM w I $POWFSTFT EF UBWFSOB &MT NJMMPST QFJYPT E BIJS J BWVJ I "DUVBDJØ EF M &TDPMB EF .ÞTJDB EF #BEBMPOB 2VJRVF 4PSJBOP 2VBSUFU %JVNFOHF I $VJOB USBEJDJPOBM EF #BEBMPOB 1SFTFOUBDJØ EFM QMBU i-FT .POHFUFT EF MB 'SBODJT #PJYw I $PODVST EF UBTU EF WJOT I "DUVBDJØ EF M &TDPMB EF .ÞTJDB EF #BEBMPOB 1BSB 5J - FOHØ I &OUSFHB EFM QSFNJ .JDBDP E 0S BM NJMMPS UBTU EF MFT +PSOBEFT
< > 99*7 +PSOBEFT (BTUSPOÛNJRVFT EF #BEBMPOB %JWFOESFT EF I B IP SFT t %JTTBCUF J EJVNFOHF EF I B IPSFT
727 %DGDORQD
1MBOUJMMB#BTF JOEE
727 %DGDORQD
DFWXDOLWDW
OD VHWPDQD HQ LPDWJHV
- *&4 1PNQFV 'BCSB HVBOZB VO QSFNJ EF M 0CSB 4PDJBM EF $BJYB $BUB MVOZB TPCSF TFHVSFUBU WJËSJB &M QSPKFDUF FEVDBUJV EF M 0CSB 4PDJBM EF $BJYB $BUBMVOZB TPCSF TFHVSFUBU WJËSJB i5PUT KVOUT BDUVFN w B HVBSEPOBU BMT BMVNOFT EF M *&4 1PNQFV 'BCSB EF #BEBMPOB QFMT DJOD BDVODJT EF UFMFWJTJØ RVF WBO SFBMJU[BS FO NPUJV EF MB 4FUNBOB EF MB .PCJMJUBU 4PTUFOJCMF J 4FHVSB EF #BEBMPOB EF M BOZ "RVFTUT BOVODJT FMBCPSBUT QFMT NBUFJYPT BMVNOFT USBDUBWFO DJOD UFNFT SFMBDJPOBUT BNC MB TFHVSFUBU J MB NPCJMJUBU J WBO TFS FMT BOVODJT RVF M "KVOUBNFOU EF #BEBMPOB WB VUJMJU[BS QFS BOVODJBS MB DFMFCSBDJØ EF MB 4FUNBOB EF MB .PCJMJUBU 4PTUFOJCMF J 4FHVSB
$PNFODFO MFT WJTJUFT HVJBEFT BM 1BSD EF $B M "SOÞT "RVFTU EJVNFOHF T IB QPSUBU B UFSNF MB QSJNFSB EF MFT WJTJUFT HVJBEFT RVF M "KVOUBNFOU EF #BEBMPOB BNC MB DPMtMBCPSBDJØ EF MB .BODPNVOJUBU EF .VOJDJQJT J FM .VTFV EF #BEBMPOB IB PSHBOJU[BU BM 1BSD EF $B M "SOÞT &T USBDUB E VOFT WJTJUFT HVJBEFT RVF QFSNF UFO BMT DJVUBEBOT DPOÒJYFS M FTQBJ WFSE NÏT FNCMFNËUJD EF #BEBMPOB -FT WJTJUFT HVJBEFT FT GBSBO FM QSJNFS EJVNFOHF EF DBEB NFT mOT FM QSPQFS OPWFNCSF J TØO HSBUVÕUFT QSÒWJB JOTDSJQDJØ B USBWÏT EFM UFMÒGPO P FM DPSSFV FMFDUSÛOJD NFEJBNCJFOU!CBEBMPOB DBU BUÒT RVF MFT QMBDFT TØO MJNJUBEFT
1SJNFS DPSSFGPD EFM CBSSJ EF %BMU MB 7JMB
&T USBDUB EFM QSJNFS DPSSFGPD RVF FT GB FO BRVFTU JOESFU EF MB DJVUBU J RVF T FOHMPCB FO FM QSPHSBNB EF GFTUFT EFM CBSSJ EF %BMU MB 7JMB &MT %JBCMFT EF #BEBMPOB WBO TPSUJS EF MB 1MBÎB $POTUJUVDJØ mOT BSSJCBS B MB 1MBÎB 'POU J $VTTØ QBTTBOU QFMT DB SSFST #BSDFMPOB 2VJOUBOB "MUB -MBEØ J EF M 0MJ 6O SFDPSSFHVU RVF TFHVSBNFOU T BNQMJBSË EF DBSB B BMUSFT BOZT B NÏT DBSSFST EFM CBSSJ
/FJY MB $PDB EF %BMU MB 7JMB "RVFTU EJTTBCUF EVSBOU FM USBOTDVST EF MB GFTUB EFMT TPDJT EF - " 77 EF %BMU MB 7JMB FT WB QPEFS EFHVTUBS QFS QSJNFSB WFHBEB MB OPWB DPDB RVF QPSUB FM OPN EFM CBSSJ -B QSFTFOUBDJØ WB BOBS B DËSSFD E FO 'SBODFTD 'VMRVFU EFM GPSO "SHFMJDI EFM DBSSFS #BSDFMPOB -B $PDB EF %BMU MB 7JMB TFSË QSFTFO UBEB PmDJBMNFOU BRVFTU EJWFOESFT B MB DJVUBU FO FM USBOTDVST EF MB GFTUB EF DMPFOEB EFM +PD EF #BEBMPOB
-B4FUNBOB&O*NBUHFT JOEE
727 %DGDORQD
JXLD VHUYHLV
-"4 $04"4 #*&/ )&$)"4
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