126@e

48
OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU 126@E/<A02 =JP Lli^o]n @[n[ PQIEGC BKNG Limn Lli]'n'`na P[la_n Osmn_gm %PO,,OE,,NAH& @AEPU>KQJ?A jlipc^_m mi`nq[l_ [jjfc][ncih j_lmcmn_h]_ ih @_ff Liq_lA^a_ m_lp_lm \s _rjficncha nb_ ginb_l\i[l^ >EKO [h^ oncfctcha Osmn_g I[h[a_g_hn Ii^_ %OII& ni a[ch j_lci^c] _r_]oncih qbcf_ nb_ Kj_l[ncha Osmn_g fi[^m+ ZZZZZZZZZZZZZZZZZ ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ %PO,,OI,NAH& @AEPU>KQJ?A Arn_h^_^ ?ih]_jn in Kj_l[ncihm %PO,,OE,,NAH& Pbcm n_]bhcko_ mojjilnm gofnc*jli]_mmil msmn_gm qcnb N=E@ b[l^q[l_ [h^ Ic]limi`n Sch^iqm /+ /0+ [h^ TL+ En ]oll_hnfs n[la_nm @_ff Liq_lA^a_ == .52,/52,.62,/62 N=E@ m_lp_lm) omcha >EKO p_lmcihm =/+ =2+ =3+.+.++ .+/++ il .+0+4+ %PO,,OE,,NAH& Pblioab l_gin_ []]_mm il chn_l^c]ncih+ =NGOPNA=I cm om_^ ni l_* `f[mb nb_ >EKO ih [ n[la_n g[]bch_ ni cgjf[hn @AEPU>KQJ?A [h^ cnm j[sfi[^ %nb_ cgjf[hn chmn[ff_l&+ Egjf[hn[ncih pc[ chn_l^c]ncih g[s \_ []]igjfcmb_^ \s hih* n_]bhc][f ij_l[nil nbioab om_ i` [ QO> nbog\ ^lcp_+ Kh]_ cgjf[hn_^+ @AEPU>KQJ?A$m `l_ko_h]s i` _r_]oncih %^lijjcha nb_ j[sfi[^& cm ]ih`caol[\f_ [h^ qcff i]]ol qb_h nb_ n[la_n g[]bch_ jiq_lm ih+ On[nom7 N_f_[m_^ , @_jfis_^+ N_[^s `il Qhcn ?imn7 " Egg_^c[n_ @_fcp_ls LK?7 O0///.+ v K_hp_lf Blig7 JO=`?OOI.*2/ @[n_^7 /4.5 K_]f[cmc`s Kh7 /0/.5 OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

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Page 1: 126@E

OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

126@E/<A;;02=JP Lli^o]n @[n[

PQIEGC BKNG

Limn Lli]'n'`na

P[la_nOsmn_gm

%PO,,OE,,NAH& @AEPU>KQJ?A jlipc^_m mi`nq[l_ [jjfc][ncih j_lmcmn_h]_ ih @_ffLiq_lA^a_ m_lp_lm \s _rjficncha nb_ ginb_l\i[l^ >EKO [h^ oncfctcha Osmn_gI[h[a_g_hn Ii^_ %OII& ni a[ch j_lci^c] _r_]oncih qbcf_ nb_ Kj_l[ncha Osmn_gfi[^m+ ZZZZZZZZZZZZZZZZZ ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

%PO,,OI,NAH& @AEPU>KQJ?A Arn_h^_^ ?ih]_j n i n K j_l[ ncihm

%PO,,OE,,NAH& Pbcm n_]bhcko_ mojjilnm gofnc*jli]_mmil msmn_gm qcnb N=E@ b[l^q[l_[h^ Ic]limi`n Sch^iqm /-­-­-­+ /-­-­0+ [h^ TL+ En ]oll_hnfs n[la_nm @_ff Liq_lA^a_ = =.52-­,/52-­,.62-­,/62-­ N=E@ m_lp_lm) omcha >EKO p_lmcihm =-­/+ =-­2+ = -­3 +.+.+-­+ .+/+-­+ il .+0+4+

%PO,,OE,,NAH& Pblioab l_gin_ []]_mm il chn_l^c]ncih+ =NGOPNA=I cm om_^ ni l_*`f[mb nb_ >EKO ih [ n[la_n g[]bch_ ni cgjf[hn @AEPU>KQJ?A [h^ cnm j[sfi[^ %nb_cgjf[hn chmn[ff_l&+ Egjf[hn[ncih pc[ chn_l^c]ncih g[s \_ []]igjfcmb_^ \s hih*n_]bhc][f ij_l[nil nbioab om_ i` [ QO> nbog\ ^lcp_+ Kh]_ cgjf[hn_^+@AEPU>KQJ?A$m `l_ko_h]s i` _r_]oncih %^lijjcha nb_ j[sfi[^& cm ]ih`caol[\f_ [h^qcff i]]ol qb_h nb_ n[la_n g[]bch_ jiq_lm ih+

On[nom7 N_f_[m_^ , @_jfis_^+ N_[^s `il Qhcn ?imn7 "-­Egg_^c[n_ @_fcp_ls

LK?7 O0///.+ v K_hp_lf Blig7 JO=?OOI.*2/@[n_^7 /-­-­4-­.-­5

K _ ] f[ cm c`s Kh7 /-­0/-­.-­5

OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

Page 2: 126@E

6><;;0523=JP Lli^o]n @[n[

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

%PO,,OE,,NAH& ENKJ?DAB jlipc^_m []]_mm j_lmcmn_h]_ ni n[la_n msmn_gm \s_rjficncha nb_ ginb_l\i[l^ >EKO [h^ oncfctcha Osmn_g I[h[a_g_hn Ii^_ %OII& ni]iggohc][n_ qcnb [ b[l^q[l_ cgjf[hn nb[n jlipc^_m nqi*q[s NB ]iggohc][ncih+

-­4,.1,-­5

7EHAD9G 7CI9EG

B9GJCE?

#77B$

77B

B\QR

$ "77B F R ^b R ^

Ji^_

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77B 7 \Z ]a `R ^

Bonic_Ji^i_

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#G RSTRS F \%P\ Y

FGE5=G6=M5?E9

7 \Z ]a `R% B \QR

FGE5=G6=M5EE9

HB=G7CE5?`

7 \Z ] a `R ^ B \QR

HB=G9CE5?9

F R ^b R ^ B \QR

%PO,,OE,,NAH& ENKJ?DAB Arn_h^_^ ?ih]_j n i ` K j_l[ ncihm

%PO,,OE,NAH& Pbcm n_]bhcko_ mojjilnm nb_ DL Llifc[hn 05-­@H C2 m_lp_l) ihni qbc]b[ b[l^q[l_ cgjf[hn b[m \__h chmn[ff_^ nb[n ]iggohc][n_m ip_l nb_ f;;? Ehn_l`[]_%S=CKJ>A@&+

%PO,,OE,,NAH& Pblioab chn_l^c]ncih+ ENKJ?DAB+ [ mi`nq[l_ ?JA cgjf[hn [h^ nb_b[l^q[l_ cgjf[hn [l_ chmn[ff_^ ihni nb_ msmn_g+ E` nb_ mi`nq[l_ ?JA cgjf[hn cml_gip_^ `lig nb_ n[la_n g[]bch_+ ENKJ?DAB cm om_^ ni []]_mm nb_ g[]bch_)^_n_lgch_ nb_ l_[mih `il l_gip[f i` nb_ mi`nq[l_) [h^ nb_h l_chmn[ff nb_ mi`nq[l_`lig [ fcmn_hcha jimn ni nb_ n[la_n msmn_g+

On[nom7 N_[^s `il Egg_^c[n_ @_fcp_ls

LK?7

Qhcn ?imn7 OK

O0///.+E

E

E

K n ` cp n^ Blig 7 JO=F?OOI .*O/@[n_^7 /-­-­4-­.-­5

K_]f[mmn`s Kh7 /-­0/-­.-­5

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

Page 3: 126@E

3221@><A45=JP Lli^o]n @[n[

PKL OA?NAP,,?KIEJP,,NAH QO=+ BRAU

%PO,,OE,,NAH& BAA@PNKQCD cm [ j_lmcmn_h]_ n_]bhcko_ fil nqi mi`nq[l_ cgjf[hnm+ @JP$m>=J=J=CHAA [h^ ?AO$m VAOPUHA=G om_^ [a[chmn Fohcj_l J_nm]l__h `cl_q[ffm+ -­3,/1,-­5

%O,,OE,,NAH& L_lm cm n_h]_ Kj_l[ ncih[ f O]_h[lci

%PO,,OE,,NAH& BAA@PNKQCD ][h \_ om_^ ni j_lmcmn nqi cgjf[hnm+ VAOPUHA=G [h^,il>=J=J=CHAA []limm l_\iinm [h^ mi`nq[l_ ojal[^_m ih ehiqh [h^ ]ip_l_^ KOÉm `il nb_`iffiqcha J_nm]l__h `cl_q[ffm+ hm2rn) hm/2) hm2-­+ hm/-­-­+ hm2-­-­ [h^ EOC .-­-­-­+ Pb_l_ cm hi^cl_]n ]iggohc][ncih ni il `lig BAA@PNKQCD+ \on c` jl_m_hn) nb_ >=J=J=CHAA cgjf[hn][h l_]_cp_ [h^ nl[hmgcn ]ip_ln ]b[hh_f ]iggm+ [h^ `il ]_ln[ch jf[n`ilgm+ >=J=J=CHAA][h [fmi oj^[n_ BAA@PNKQCD+ BAA@PNKQCD biq_p_l ][h ihfs j_lmcmn KOÉm ch]fo^_^ch cn$m ^[n[\[m_m+ Pb_l_`il_ nbcm cm \_mn _gjfis_^ qcnb ehiqh KO$m [h^ c` [ h_q KO ]ig_mion+ nb_h nb_ ]omnig_l qiof^ h__^ ni [^^ nbcm KO ni nb_ BAA@PNKQCD ^[n[\[m_ `il nb[nj[lnc]of[l `cl_q[ff+

%PO,,OE,,NAH& BAA@PNKQCD ij_l[n_m _p_ls ncg_ nb_ j[lnc]of[l Fohcj_l `cl_q[ff \iinm+ Pb_`clmn biie n[e_m cn ni nb_ ]i^_ qbc]b ]b_]em ni m__ c` nb_ KO cm ch nb_ ^[n[\[m_) c` cn cm+ nb_h []b[ch i` _p_hnm _hmol_m nb_ chmn[ff[ncih i` _cnb_l ih_ il \inb cgjf[hnm+ Knb_lqcm_ nb_ `cl_q[ff\iinm hilg[ffs+ E` nb_ KO cm ih_ gi^c`c_^ \s @JP+ cn cm hin l_]iahct_^) qbc]b acp_m nb_]omnig_l `l__^ig ni `c_f^ h_q mi`nq[l_+

On[nom7 %O,,OE,,NAH& BAA@PNKQCD b[m ih nb_ mb_f` mifoncihm `il [ff i` nb_ fcmn_^ jf[n`ilgm+En b[m \__h ^_jfis_^ ih g[hs n[la_n jf[n`ilgm

LK?7 O0////+ ) c] kip

E

E

@_lcp_^ Blig 7 JO=,?OOI .*2/K[`]^ /-­-­4-­.-­5

@_]f[mm c`s Kh7 /-­0/-­.-­5

?igg[h^ ?ihnlif) [h^@[n[Ar`nnl[`nihomchaKQPcgjf[hn?iggoh][]ihmLlini]if %nsjc][f&

JO=N_gin_ Kj_l[ncihm ?_hn_l

Psj c][ f P[la_n

P [ la_ n J _ nq i le

PKL OA?NAP,,?KIEJP,,NAH QO=+ BRAU

Page 4: 126@E

PKL,,OA?NAP,,?KIEJP,,NAH PK QO=) BRAUmn?Q!,

4<A>:2@@><A45=JP Lli^o]n @[n[

%PO,,OE,,NAH& CKQNIAPPNKQCD cm [ om_l ]ih`caol[\f_ j_lmcmn_h]_ cgjf[hn `il]_ln[ch Fohcj_l `cl_q[ffm+ En j_lmcmnm @JP$m >=J=J=CHAA cgjf[hn []limm l_\iinm[h^ KO ojal[^_m+ Bil mig_ jf[n`ilgm) cn mojjilnm [ gchcg[f cgjf[hn qcnb\_[]ihcha `il KO$m ohmojjiln_^ \s >=J=J=CHAA+

-­3,/1,-­5

%PO,,OE,,NAH& CKQNIAPPNKQCD L_lm cm n_h]_ Eg j f[h n ? ih]_j n i ` K j_l[ ncihm

%PO,,OE,,NAH&Bil mojjiln_^ jf[n`ilgm+ @JP g[s ]ih`caol_ >=J=J=CHAA qcnbion=JP chpifp_g_hn+ Ar]_jn `il fcgcn_^ jf[n`ilgm) nb_s g[s [fmi ]ih`caol_ L>@ `ilgchcg[f cgjf[hn ch nb_ ][m_ qb_l_ [h KO ohmojjiln_^ \s >=J=J=CHAA cm \iin_^+On[nom7 CKQNIAPPNKQCD cm ih nb_ mb_f` [h^ b[m \__h ^_jfis_^ ih g[hsn[la_n jf[n`ilgm+ En mojjilnm hma2n+ hm2-­+ hm/2+ cmafKKK%fcgcn_^&+ Oiih* mmaf1-­+mma2+mma/-­

Qhcn ?imn7 "-­

E

E

LK?7 E O0////)

@_lcp_^ Blig 7 JO=,?OOI .2/K[l_^ /-­-­4-­.-­5

@_] f[mm c`s Kh7 /-­0/-­.-­5

"# ERZ\`R C]R^N `V\[_ 7R[ `R ^

?igg[h^+ ?ihnlif) [h^ @[n[ Ar`fGl[ncih o[ga-­JP Egjf[hn ?iggohc][ncih' Llini]if %nsjc][fw

Ge]VPNY GN^TR`: V^RcNYY \ ^ E\a`R^

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PKL,,OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

Page 5: 126@E

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

5.99ADC.@2>=JP Lli^o]n @[n[

%PO,,OE,,NAH& Pb_ D=HHQTS=PAN L_lmcmn_h]_ >[]e @iil cgjf[hn cm chmn[ff_^ ih [n[la_n Do[q_c Ao^_gih `cl_q[ff [m [ \iin NKI ojal[^_+ Sb_h nb_ n[la_n l_\iinm)nb_ L>@ chmn[ff_l mi`nq[l_ qcff `ch^ nb_ h__^_^ j[n]b jichnm [h^ chmn[ff nb_ \[]e ^iilch nb_ ch\ioh^ j[]e_n jli]_mmcha lionch_+

-­3,/1,-­5

E

%PO,,OE,`NAH& D=HHQTS=PAN L_lm cm n_h]_ Eg j f[h n ? ih]_j n i ` K j_l[ ncihm

E%PO,,OE,,NAH& Kh]_ chmn[ff_^+ D=HHQTS=PAN ]iggohc][n_m qcnb [h JO= ij_l[nilpc[ nb_ PQN>KL=J@= Ehm_lncih Piif %LEP&) acpcha nb_ ij_l[nil ]ip_ln []]_mm nil_[^ [h^ qlcn_ g_gils) _r_]on_ [h [^^l_mm) il _r_]on_ [ j[]e_n+

%PO,,OE,,NAH& D=HHQTS=PAN jlipc^_m [ j_lmcmn_h]_ ][j[\cfcns ih nb_ Ao^_gih/-­-­) 2-­-­+ [h^ .-­-­-­ m_lc_m `cl_q[ffm+ Pb_ D=HHQTS=PAN \[]e ^iil molpcp_m KOojal[^_m [h^ [onig[nc] \iinNKI ojal[^_m+

On[nom7 %Q,,BKQK& Kh nb_ mb_f`) [h^ b[m \__h ^_jfis_^+

LK?7 O0////+ a&hm[+c]+kip

@_lcp_^ L lig 7 JO=,?OOI .2/K[`]^ /-­-­4-­.-­5

@_]f[mm c`s Kh7 /-­0/-­.-­5

PKL OA?NAP,,?KIEJP,,NAH PK QO=) BRAU

Page 6: 126@E

72@=9<C=JP Lli^o]n @[n[

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

%PO,,OE,,NAH& FAPLHKS cm [ `clgq[l_ j_lmcmn_h]_ cgjf[hn `il ?cm]i LET O_lc_m [h^=O= %=^[jncp_ O_]olcns =jjfc[h]_& `cl_q[ffm+ En j_lmcmnm @JP$m >=J=J=CHAAmi`nq[l_ cgjf[hn+ FAPLHKS [fmi b[m [ j_lmcmn_hn \[]e*^iil ][j[\cfcns+

-­3,/1,-­5

?igg[h^) ?ihnlif) [h^ @[n[ Ar`cfnl[ncih omcha@JP Egjf[hn ?iggohc][ncihm Llini]if %Psjc][f&

"# ERZ\`R C]R^N `V\[_ 7R[ `R ^

Ge]VPNY GN^TR`: V^RcNYY \ ^ E\a`R^

ILQ,?LQ

Kj|lQ`|d OspQ[c

OJNn|~\cimINOfOlcJ?EEILH=JP-­JP|:'y'|

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%PO,,OE,,NAH& FAPLHKS L_lmcmn_h]_ cgjf[hn ?ih]_jn i` Kj_l[ncihm

%PO,,OE,,NAH& FAPLHKS cm [ `clgq[l_ j_lmcmn_h]_ cgjf[hn `il ?cm]i LET O_lc_m [h^=O= %=^[jncp_ O_]olcns =jjfc[h]_& `cl_q[ffm+ En j_lmcmnm @JP$m >=J=J=CHAAmi`nq[l_ cgjf[hn [h^ gi^c`c_m nb_ ?cm]i `cl_q[ffÉm ij_l[ncha msmn_g %KO& [n \iinncg_+ E` >=J=J=CHAA mojjiln cm hin [p[cf[\f_ `il nb_ \iincha ij_l[ncha msmn_g) cn][h chmn[ff [ L_lmcmn_hn >[]e^iil %L>@& ^_mcah_^ ni qile qcnb >=J=J=CHAA$m]iggohc][ncihm mnlo]nol_) mi nb[n `off []]_mm ][h \_ l_[]kocl_^ [n [ f[n_l ncg_+FAPLHKS qilem ih ?cm]i$m 2-­-­*m_lc_m LET `cl_q[ffm) [m q_ff [m gimn =O= `cl_q[ffm%22-­2) 22.-­) 22/-­+ 221-­+ 222-­&+

%PO,,OE,,NAH& = nsjc][f FAPLHKS ^_jfisg_hn ih [ n[la_n `cl_q[ff qcnb [h _r`cfnl[ncihj[nb ni nb_ N_gin_ Kj_l[ncihm ?_hn_l %NK?& cm mbiqh [\ip_+ FAPLHKS cml_gin_fs ojal[^_[\f_ [h^ cm [fmi l_gin_fs chmn[ff[\f_ jlipc^_^ >=J=J=CHAA cm[fl_[^s ih nb_ `cl_q[ff i` chn_l_mn+

E

E

On[nom7 %?,,NAH& N_f_[m_^+ D[m \__h qc^_fs ^_jfis_^+ ?oll_hn[p[cf[\cfcns l_mnh]n_^ \[m_^ ih KO p_lmcih %chkocl_ `il ^_n[cfm&+

LK?7 E O0////+. fnahm[ c]+aip

Qhcn ?imn7 OK

@_lcp_^ Blig 7 JO=,?OOI .*2/K[n_^7 /-­-­4-­.-­5

@_] f[mm c`s Kh7 /-­0/-­.-­5

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

Page 7: 126@E

?<A3392@><A45=JP Lli^o]n @[n[

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

%PO,,OE,,NAH& OKQBBHAPNKQCD cm [ >EKO j_lmcmn_h]_ cgjf[hn `il Fohcj_l OOC2-­-­ [h^ OOC 0-­-­ m_lc_m `cl_q[ffm+ En j_lmcmnm @JP$m >=J=J=CHAA mi`nq[l_cgjf[hn+ OKQBBHAPNKQCD [fmi b[m [h [^p[h]_^ j_lmcmn_hn \[]e*^iil ][j[\cfcns+

-­3,/1,-­5

?igg[h^) ?ihnlif) [h^ @[n[ Ar`cfnl[ncih omcha@JP Egjf[hn ?iggohc][ncihm Llini]if %Psjc][f&

"# ERZ\`R C]R^N `V\[_ 7R[ `R ^

Ge]VPNY GN^TR`: V^RcNYY \ ^ E\a`R^

I L Q , ? L Q

K j ' l f ch a O s m Q [ c

2 ^dn|~ m ci m

I N O fO lcJ ? EEILH=JP

-­JP |:'y'|

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%PO,,OEINAH& OKQBBHAPNKQCD L_lm cm n_h]_ Eg jf[h n ?ih]_j n i ` K j_l[ ncihm

%PO,,OE,,NAH& OKQBBHAPNKQCD cm [ >EKO j_lmcmn_h]_ cgjf[hn `il Fohcj_l OOC2-­-­ [h^ OOC 0-­-­ m_lc_m `cl_q[ffm u0/-­I+ 02-­I) 2/-­+ 22-­+ 2/-­I+ 22-­Iw+ En j_lmcmnm@JP$m >=J=J=CHAA mi`nq[l_ cgjf[hn [h^ gi^c`c_m nb_ Fohcj_l `cl_q[ff$m ij_l[nchamsmn_g %O]l__hKO& [n \iin ncg_+ E` >=J=J=CHAA mojjiln cm hin [p[cf[\f_ `il nb_\iincha ij_l[ncha msmn_g) cn ][h chmn[ff [ L_lmcmn_hn >[]e^iil %L>@& ^_mcah_^ niqile qcnb >=J=J=CHAA$m ]iggohc][ncihm mnlo]nol_) mi nb[n `off []]_mm ][h \_l_[]kocl_^ [n [ f[n_l ncg_+ En n[e_m [^p[hn[a_ i` Ehn_f$m Osmn_g I[h[a_g_hn Ii^_`il _hb[h]_^ l_fc[\cfcns [h^ ]ip_lnh_mm+ Pb_ L>@ cm [fmi [\f_ ni \_[]ih big_) [h^cm `offs ]ih`caol[\f_+

%PO,,OE,,NAH& = nsjc][f OKQBBHAPNKQCD ^_jfisg_hn ih [ n[la_n `cl_q[ff qcnb [h_r`cfnl[ncih j[nb ni nb_ N_gin_ Kj_l[ncihm ?_hn_l %NK?& cm mbiqh [\ip_+OKQBBHAPNKQCD cm l_gin_fs ojal[^_[\f_ [h^ cm [fmi l_gin_fs chmn[ff[\f_jlipc^_^ >=J=J=CHAA cm [fl_[^s ih nb_ `cl_q[ff i` chn_l_mn+

On[nom7 %?,,NAH& N_f_[m_^+ D[m \__h ^_jfis_^+ Pb_l_ [l_ hi[p[cf[\cfcns l_mnlc]ncihm jl_p_hncha ihaicha ^_jfisg_hnm+

E

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LK?7 ) O0////+ =jhm[+c]

Qhcn ?imn7 OK

@_lcp_^ Blig 7 JO=,?OOI .*2/Kic_^7 /-­-­4-­.-­5

@_]f[mm c`s Kh7 /-­0/-­.-­5

PKL OA?NAP,,?KIEJP,,NAH PK QO=) BRAU

Page 8: 126@E

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAUmn?Q!,

52.1C.@2>=JP Lli^o]n @[n[

%PO,,OE,,NAH& DA=@S=PAN cm [ L_lmcmn_hn >[]e^iil %L>@& mi`nq[l_ cgjf[hn `ilm_f_]n_^ Do[q_c lion_lm+ Pb_ cgjf[hn qcff _h[\f_ ]ip_ln `oh]ncihm ni \_ l_gin_fs_r_]on_^ qcnbch nb_ lion_l pc[ [h Ehn_lh_n ]ihh_]ncih+ -­3,/1,-­5

"# ERZ\`R C]R^N `V\[_ 7 R[ `R ^ f

?igg[h^) ?ihnlif) [h^ @[n[ Ar`cfnl[\ih omcha@``P Egjf[hn ?iggohc][ncih' Llini]if %nsjc][f&

Ge]VPNY GN^TR`

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%PO,,OE,,NAH& OPQ??KIKJP=J= cm nb_ ]ip_l n_lg `il nb_ j_lmcmn_h]_ n_]bhcko_ ni^_jfis [ @JP cgjf[hn ni Fohcj_l P*O_lc_m lion_lm+

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%PO,,OE,,NAH PK QO=+BRAU& Pb_ ?PT1-­-­-­ cm [ jiln[\f_ ]ihnchoiom q[p_ %?S&l[^[l ohcn+ En ][h \_ om_^ ni cffogch[n_ [ n[la_n msmn_g ni l_]ip_l ^c``_l_hn i`` h_nch`ilg[ncih+ Llcg[ls om_m ch]fo^_ R=CN=JP [h^ @NKLIENA ]iff_]ncih+

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%PO,,OE,,NAH PK QO=+BRAU& Pb_ ?PT1-­-­-­ jlipc^_m nb_ g_[hm ni ]iff_]n mcah[fmnb[n inb_lqcm_ qiof^ hin \_ ]iff_]n[\f_) il qiof^ \_ _rnl_g_fs ^c``c]ofn ni ]iff_]n[h^ jli]_mm+ En jlipc^_m nb_ `iffiqcha `_[nol_m7Bl_ko_h]s N[ha_7 . * / CDt+>[h^qc^nb7 Qj ni 12 IDtKonjon Liq_l7 Qm_l [^domn[\f_ oj ni / S omcha nb_ chn_lh[f [gjfc`c_l8 _rn_lh[f[gjfc`c_lm g[e_ cn jimmc\f_ ni ai oj ni . eS+Lb[m_ [^domng_hn q cnb `lihn j[h_f ehi\Qm_l*m_f_]n[\f_ bcab* [h^ fiq*j[mm `cfn_lm+N_gin_ ]ihnliff[\f_Konjonm7Pl[hmg cn [hn_hh[E M pc^_i ionjonm@? \c[m `il [h _rn_lh[f jl_*[gj ih nb_ N_]_cp_ chjon ]ihh_]nilEhjonm7

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%Q& ? ih]_j n i ` K j_ l[ ncihPO,,OE,,NAH PK QO=+BRAU& Niig [o^ci cm jc]e_^ oj \s nb_ gc]lijbih_ [h^]ihp_ln_^ chni [h [h[fia _f_]nlc][f mcah[f+ Pbcm mcah[f cm om_^ ni jofm_ jimcncihgi^of[n_ %LLI& [ mko[l_ q[p_ mcah[f lohhcha [n [ jl_*m_n `l_ko_h]s+ Pbcmmko[l_ q[p_ cm om_^ ni nolh [ BAP %`c_f^ _``_]n nl[hmcmnil& ih [h^ i``+ Sb_hnb_ ohcn cm cffog ch[n_^ qcnb [ ?S mcah[f `lig [ h_[l\s l[^[l ohcn) nb_cffogch[ncha mcah[f cm [gjfcno^_*gi^of[n_^ qcnb nb_ LLI mko[l_ q[p_+ Pbcmmcah[f cm l_*l[^c[n_^) qb_l_ cn cm jc]e_^ oj \s nb_ l[^[l) nb_h jli]_mm_^ nil_]ip_l nb_ liig [o^ci+ Lli]_mmcha cm ]oll_hnfs j_l`ilg_^ \s ?KPO_kocjg_hn qcnb BI ^_gi^of[ncih ][j[\cfcns %Nib^_ O]bq[lt BOD*m_lc_mjiln[\f_ mj_]nlog [h[fst_lm) _n]+& HKQ@=QPK cm j[ln i` nb_=JCNUJAECD>KN `[gcfs i` l[^[l l_nli*l_`c_]nilm+

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%PO,,OE,,NAH& J ECDPOP=J@ * ?fim_ =]]_mm Kj_l[ncihm y>[nnf_`c_f^ P_mn_^ y Sch^iqm Arjficn[ncih y On[h^[fih_ Osmn_g

O sm n_g @ _ n[ cfm

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%PO,,OE,,NAH& Arjficn[\f_ P[la_nmch]fo^_ Sch/e) SchTL) SchTLOLf+SEJTLOL/ lohhcha chn_lh_n Arjfil_lp_lmcihm 2+-­*3+-­+

: %PO,,OE,,NAH& JO j[]e_n chd_]ncih ][hn[la_n ih_ ]fc_hn il gofncjf_ n[la_nm ih [qcl_f_mm h_nqile+

: %PO,,OE,,NAH& =nn[]e cm oh^_n_]n[\f_ \snb_ om_l+

JECDPOP=J@ D[l^q[l_

%PO,,OE,,NAH& Qm_ i` _rn_lh[f [gjfc`c_lm [h^ [hn_hh[m ch \inb_rj_lcg_hn[f [h^ ij_l[ncih[f m]_h[lcim b[p_ l_mofn_^ ch mo]]_mm`ofJECDPOP=J@ [nn[]em `lig [m `[l [q[s [m _cabn gcf_m oh^_l c^_[f_hpclihg_hn[f ]ih^cncihm+

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On[nom7 Lli^o]n b[m \__h ^_jfis_^ ch nb_ `c_f^+ Qjal[^_m ni nb_ msmn_g ]ihncho_ ni\_ ^_p_fij_^+

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6

6

@_lcp_^ Llig 7 JO=,?OOI .2/K[`]^ /-­-­4-­.-­5

@_] f[mm c`s Kh7 /-­0/-­.-­5=HP? %.-­R

PKL OA?NAP,,?KIEJP,,NAH BRAU

Page 25: 126@E

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

?C.==JP Lli^o]n @[n[

%PO,,OE,,NAH& OS=L jlipc^_m mi`nq[l_ [jjfc][ncih j_lmcmn_h]_ \s _rjficncha nb_ginb_l\i[l^ >EKO [h^ nb_ b[l^ ^lcp_ m Dimn Llin_]n_^ =l_[ ni a[ch j_lci^c]_r_]oncih \_`il_ nb_ Kj_l[ncha Osmn_g fi[^m+

-­3,/-­,-­5

%PO,,OE,,NAH& Pbcm n_]bhcko_ mojjilnm mchaf_ il gofnc*jli]_mmil msmn_gm lohhchaSch^iqm+ Hchor) Bl__>O@) il Oif[hm qcnb nb_ `iffiqcha `cf_ msmn_gm7 B=P0/) JPBO)ATP/+ ATP0) il QBO .+-­+

%PO,,OE,,NAH& Pblioab l_gin_ []]_mm il chn_l^c]ncih+ =NGOPNA=I cm om_^ ni l_*`f[mb nb_ >EKO [h^ PSEOPA@GEHP ni qlcn_ nb_ Dimn Llin_]n_^ =l_[ ih nb_ b[l^^lcp_ ih [ n[la_n g[]bch_ ch il^_l ni cgjf[hn OS=L [h^ cnm j[sfi[^ %nb_ cgjf[hnchmn[ff_l&+ Kh]_ cgjf[hn_^+ OS=L$m `l_ko_h]s i` _r_]oncih %^lijjcha nb_ j[sfi[^& cm]ih`caol[\f_ [h^ qcff i]]ol qb_h nb_ n[la_n g[]bch_ jiq_lm ih+

On[nom7 N_f_[m_^ , @_jfis_^+ N_[^s `ilEgg_^c[n_ @_fcp_ls

LK?7 O0///.+

Qhcn ?imn7 "-­

&hm[+c]+iip

6

6

@_lcp_^ @ J H F * JO=F?OOI .*O/@[n_^7 /-­-­4-­.-­5

@_] f[mm c`s Kh7 /-­0/-­.-­5

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

Page 26: 126@E

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

=JP@>6;;6@ELli^o]n @[n[

%PO,,OE,,NAH& PNEJEPU cm [ gchc[nolct_^ ^cacn[f ]il_ j[]e[a_^ ch [ Iofnc*?bcj Ii^of_%I?I& ni \_ om_^ ch cgjf[hnm qcnb mct_ ]ihmnl[chcha ]ih]_[fg_hnm+ -­5,-­2,-­5

o?ihnliff_l Bf[mb O@N=I %0& BLC=

=NI 6.5-­ Ib'

=P16>R0//=1 I>sn_m

IP15H?5I0/63 I>sn_m

T?/R.-­-­-­.I a[n_m

GE=B=GL A7A5^PU5?Ya^R

6

6

On[nom7 Oj_]c[f Kl^_l ^o_ p_h^il m_f_]n_^+

LK?7=HP LK?7

O0//0++ O0//0)

Qhcn ?imn7 .-­-­ ohcnm7 O3/2G@_lcp_^ Blig 7 JO=,?OOI .*2/

K[c_^7 /-­-­4-­.-­5@_] f[mm c`s Kh7 /-­0/-­.-­5

%PO,,OE,,NAH& PNEJEPU om_m nb_ P=K mn[h^[l^ cgjf[hn [l]bcn_]nol_+ Pb_ [l]bcn_]nol_jlipc^_m [ li\omn) l_]ihfcaol[\f_+ mn[h^[l^ ^cacn[f jf[n`ilg l_mofncha ch [ ^l[g[nc]j_l`ilg[h]_ cgjlip_g_hn ip_l nb_ i\mif_n_ D?./ gc]li]ihnliff_l \[m_^ ^_mcahm+ =^_p_fijg_hn Llchn_^ ?cl]ocn >i[l^ %L?>& omcha j[]e[a_^ j[lnm b[m \__h ^_p_fij_^ [h^ cm[p[cf[\f_ [m nb_ mn[h^[l^ jf[n`ilg+ Pb_ PNEJEPU Iofnc*?bcj*Ii^of_ %I?I& ]ihn[chm [h=NI6 gc]li]ihnliff_l+ BLC=+ Bf[mb [h^ O@N=I g_gilc_m+

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

Page 27: 126@E

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

C6?@3A9@<99=JP Lli^o]n @[n[

%PO,,OE,,NAH& SEOPBQHPKHH cm [ QJEPA@N=GA [h^ OPN=EP>EVV=NA jfoa*chom_^ `il b[lp_mncha [h^ l_nolhcha `il_hmc] ch`ilg[ncih `lig [ n[la_n omcha Sch^iqmI[h[a_g_hn Ehmnlog_hn[ncih %SIE& ][ffm [h^ N_acmnls _rnl[]ncihm+

-­3,/-­,-­5

R nnOPBQ fPKQ +

N 5P = h!sDN K ? P ] '| 'O

P[la_nOsmn_gm

QJEPA@N=GA O_lp_l

%PO,,OE,,NAH& S EOPBQHPKHH Arn_h^_^ ?ih]_j n i ` K j_l[ ncihm

%PO,,OE,,NAH& Pbcm jfoa*ch mojjilnm msmn_gm lohhcha Ic]limi`n Sch^iqm /-­-­-­+/-­-­0+ [h^ TL+

%PO,,OE,,NAH& Pblioab l_gin_ []]_mm il chn_l^c]ncih+ SEOPBQHHPKHH cm _r_]on_^[m _cnb_l [ QJEPA@N=GA il OPN=EP>=VV=NA jfoa*ch il [m [ mn[h^*[fih__r_]on[\f_+ E` om_^ l_gin_fs) nb_ _rnl[]n_^ ch`ilg[ncih cm m_hn \[]e ni JO= nblioabQJEPA@N=GA il OPN=EP>=VV=NA+ Ar_]oncih pc[ chn_l^c]ncih g[s \_[]]igjfcmb_^ \s hih*n_]bhc][f ij_l[nil nbioab om_ i` [ QO> nbog\ ^lcp_) qb_l__rnl[]n_^ ch`ilg[ncih qcff \_ m[p_^ ni nb[n nbog\ ^lcp_+

On[nom7 N_f_[m_^ , @_jfis_^+ N_[^s `ilEgg_^c[n_ @_fcp_ls

LK?7 + O0///.+

Qhcn ?imn7 "-­

<hm[c?Mip

6

6

@_lcp_^ Blig 7 JO=F?OOI .*O/@[n_^7 /-­-­4-­.-­5

@_] f[mm c`s Kh7 /-­0/-­.-­5

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

Page 28: 126@E

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

?A>9E?=.C;;=JP Lli^o]n @[n[

%PO,,OE,,NAH PK QO=+BRAU& @[n[ NB l_nli*l_`f_]nil+ Llipc^_m l_nolhgi^of[n_^ qcnb n[la_n ^[n[ %e_s\i[l^) fiq ^[n[ l[n_ ^cacn[f ^_pc]_& qb_hcffogch[n_^ qcnb l[^[l+

-­4 =jl /-­-­6

(';;1?%Q& ? [j[\ cfcnc_ m%PO,,OE,,NAH PK QO=+BRAU& OQNHUOL=SJb[m nb_ ][j[\cfcns ni a[nb_l e_smnlie_m qcnbionl_koclcha [hs mi`nq[l_ lohhcha ih nb_ n[la_n_^msmn_g+ En [fmi ihfs l_kocl_m nb[n nb_ n[la_n_^msmn_g \_ nio]b_^ ih]_+ Pb_ l_nli*l_`f_]nil cm]igj[nc\f_ qcnb \inb QO> [h^ LO,/ e_s\i[l^m+Pb_ mcgjfc]cns i` nb_ ^_mcah [ffiqm nb_ `ilg`[]nil ni \_ n[cfil_^ `il mj_]c`c] ij_l[ncih[fl_kocl_g_hnm+ Bonol_ ][j[\cfcnc_m qcff ch]fo^_f[jnij e_s\i[l^m+

%Q& ? ih]_j n i ` K j_l[ ncih%PO,,OE,,NAH PK QO=+BRAU& Pb_ \i[l^ n[jm chni nb_ ^[n[ fch_ `lig nb_e_s\i[l^ ni nb_ jli]_mmil+ Pb_ \i[l^ a_h_l[n_m [ mko[l_ q[p_ im]cff[ncha [n[ jl_m_n `l_ko_h]s+ Pb_ ^[n[*fch_ mcah[f cm om_^ ni mbc`n nb_ mko[l_ q[p_`l_ko_h]s bcab_l il fiq_l) ^_j_h^cha ih nb_ f_p_f i` nb_ ^[n[*fch_ mcah[f+ Pb_mko[l_ q[p_) ch _mm_h]_) \_]ig_m `l_ko_h]s mbc`n e_s_^ %BOG&+ Sb_h nb_ohcn cm cffog ch[n_^ \s [ ?S mcah[f `lig [ h_[l\s l[^[l) nb_ cffogch[ncha mcah[fcm [gjfcno^_*gi^of[n_^ %=I& qcnb nbcm mko[l_ q[p_+ Pb_ mcah[f cm l_*l[^c[n_^)qb_l_ cn cm l_]_cp_^ \s nb_ l[^[l) ^_gi^of[n_^) [h^ nb_ ^_gi^of[n_^ mcah[f cmjli]_mm_^ ni l_]ip_l nb_ e_smnlie_m+ OQNHUOL=SJ cm j[ln i` nb_=JCNUJAECD>KN `[gcfs i` l[^[l l_nli*l_`f_]nilm+

Qhcn ?imn7 O0-­

On[nom7 Ah^ jli]_mmcha mncff ch ^_p_fijg_hn

LK?7 O0//10+ E f[ hm[+c] aip

6

6

K_`cp_^ x]ig7 JO=,?OOI .*O/@[n_^7 /-­-­4-­.-­5

K _] f[ 'm +`sK c' /-­0/-­.-­5

PKL OA?NAP,,?KIEJP,,NAH PK QO=) BRAU

Page 29: 126@E

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

1><=<A@722==JP Lli^o]n @[n[

%PO,,OE,,NAH& @NKLKQPFAAL cm [ OPN=EP>EV=NNA \[m_^ mi`nq[l_ cgjf[hn `ilnb_ =jjf_ cLbih_ ij_l[ncha msmn_g [h^ om_m nb_ ?DEIJAULKKH `l[g_qile+@NKLKQPFAAL cm ]igjfc[hn qcnb nb_ BNAABHKS jlid_]n) nb_l_`il_ cn cm mojjiln_^ch nb_ PQN>QHAJ?A [l]bcn_]nol_+

.-­,-­.,-­5

%Q,,BKQK& @NKLKQPFAAL * K j_l[ ncih[ f O]b_g[nc]

%PO,,OE,,NAH& @NKLKQPFAAL cm [ mi`nq[l_ cgjf[hn `il nb_ =jjf_ cLbih_ nb[noncfct_m gi^of[l gcmmcih [jjfc][ncihm ni jlipc^_ mj_]c`c] OECEJP `oh]ncih[fcns+ Pbcm`oh]ncih[fcns ch]fo^_m nb_ [\cfcns ni l_gin_fs jomb,joff `cf_m `lig nb_ ^_pc]_+ OIOl_nlc_p[f) ]ihn[]n fcmn l_nlc_p[f) pic]_g[cf) a_ifi][ncih) bin gc]+ ][g_l[ ][jnol_) ]_ffniq_l fi][ncih) _n]+ ?igg[h^) ]ihnlif) [h^ ^[n[ _r`cfnl[ncih ][h i]]ol ip_l OIOg_mm[acha il [ CLNO ^[n[ ]ihh_]ncih+ =ff ]iggohc][ncihm qcnb nb_ cgjf[hn qcff \_]ip_ln [h^ _h]lsjn_^+

%PO,,OE,,NAH& Pb_ chcnc[f l_f_[m_ i` @NKLKQPFAAL qcff `i]om ih chmn[ffcha nb_cgjf[hn pc[ ]fim_ []]_mm g_nbi^m+ = l_gin_ chmn[ff[ncih ][j[\cfcns qcff \_ jolmo_^`il [ `onol_ l_f_[m_+

Qhcn ?imn7 O -­

On[nom7 %Q& Eh ^_p_fijg_hn

LK?7 Q,,BKQK v v + O0////+ E

6

6

K_`cp_^ x]ig7 JO=,?OOI .*2/@[n_^7 /-­-­4-­.-­5

K _] f[ 'm +`sK c' /-­0/-­.-­5

PKL OA?NAP,,?KIEJP,,NAH PK QO=) BRAU

Page 30: 126@E

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAUmn?Q!,

4<=52>?2@=JP Lli^o]n @[n[

%PO,,OE,,NAH& CKLDANOAP cm [ mi`nq[l_ cgjf[hn `il COI %Cfi\[f Osmn_g `ilIi\cf_ ]iggohc][ncih& mo\m]lc\_l c^_hnc`s gi^of_ %OEI& ][l^m+ Pbcm cgjf[hn joffmLbih_\iie+ OIO+ [h^ ][ff fia ch`ilg[ncih `lig [ n[la_n b[h^m_n [h^ _r`cfnl[n_m cn ni[ om_l*^_`ch_^ jbih_ hog\_l pc[ mbiln g_mm[a_ m_lpc]_ %OIO&+

.-­,-­.,-­5

%Q,,BKQK& CKLDANOAP * K j_l[ ncih[ f O]b_g[nc]

%PO,,OE,,NAH& Ii^_lh OEI ][l^m %Lb[m_ /(& b[p_ [h [jjfc][ncih jlial[g chn_l`[]_ehiqh [m nb_ OEI Piifecn %OPG&+ Pb_ OPG b[m [ mocn_ i` jli[]ncp_ ]igg[h^m nb[n[ffiq nb_ OEI ][l^ ni cmmo_ ]igg[h^m [h^ g[e_ l_ko_mnm ni nb_ b[h^m_n+CKLDANOAP om_m OPG ]igg[h^m ni l_nlc_p_ nb_ l_ko_mn_^ ch`ilg[ncih [h^ ni_r`cfnl[n_ ^[n[ pc[ OIO+ =`n_l nb_ CKLDANOAP `cf_ cm ]igjcf_^) nb_ jlial[g cmfi[^_^ ihni nb_ OEI ][l^ omcha _cnb_l [ Qhcp_lm[f O_lc[f >om %QO>& mg[ln][l^l_[^_l il pc[ ip_l*nb_*[cl jlipcmcihcha+ Eh \inb ][m_m) e_sm ni nb_ ][l^ g[s \_l_kocl_^ ni chmn[ff nb_ [jjfc][ncih ^_j_h^cha ih nb_ m_lpc]_ jlipc^_lÉm m_]olcns]ih`caol[ncih+

6

6

Qhcn ?imn7 OK

On[nom7 %Q,,BKQK& N_f_[m_^+ D[m hin \__h ^_jfis_^+

LK?7 Q,,BKQKE Ñ + O0////)@_` cp_^ @ J H F * JO=F?OOI .*2/

>[cf_^7 /-­-­4-­.-­5@_] f[mm c`s Kh7 /-­0/-­.-­5

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

Page 31: 126@E

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

:<;;82E0.92;;1.>=JP Lli^o]n @[n[

%PO,,OE,,NAH& IKJGAU?=HAJ@=N cm [ mi`nq[l_ cgjf[hn `il COI %Cfi\[f Osmn_g`il Ii\cf_ ]iggohc][ncih& mo\m]lc\_l c^_hnc`s gi^of_ %OEI& ][l^m+ Pbcm cgjf[hnjoffm a_ifi][ncih ch`ilg[ncih `lig [ n[la_n b[h^m_n [h^ _r`cfnl[n_m cn ni [ om_l*^_`ch_^ jbih_ hog\_l pc[ mbiln g_mm[a_ m_lpc]_ %OIO&+

BA,AB AE

PKL OA?NAP,E?KIEJP

D[h^m_n qcnbcgjf[hn_^ OEI][l^ mn[lnm oj

IKJGAU?=HAJ@=Nmcnm c^f_ q[cncha `il

nlcaa_l

IKJGAU?=HAJ@=Ncmmo_m C_n Hi][ncih Eh`i]igg[h^ ni b[h^m_n

D[h^m_nl_nolhm

fi][ncih ch`i

IKJGAU?=HAJ@=Nl_]_cp_m fi][ncih ch`i

`lig b[h^m_n

IKJGAU?=HAJ@=N_h]lsjnm fi][ncih ch`i

^[n[

IKJGAU?=HAJ@=N]igg[h^m b[h^m_n nim_h^ _h]lsjn_^ ^[n[

pc[ OIO

D[h^m_n m_h^m ion_h]lsjn_^ OIO

cD[h^m_n c^f_

P6LOA?N_g]+6+I+JP)

%Q,,BKQK& IKJGAU?=HAJ@=N * Kj_l[ ncih[ f O]b_g[nc]

%PO,,OE,,NAH& Ii^_lh OEI ][l^m %Lb[m_ /(& b[p_ [h [jjfc][ncih jlial[g chn_l`[]_ehiqh [m nb_ OEI Piifecn %OPG&+ Pb_ OPG b[m [ mocn_ i` jli[]ncp_ ]igg[h^m nb[n[ffiq nb_ OEI ][l^ ni cmmo_ ]igg[h^m [h^ g[e_ l_ko_mnm ni nb_ b[h^m_n+IKJGAU?=HAJ@=N om_m OPG ]igg[h^m ni l_nlc_p_ fi][ncih ch`ilg[ncih [h^ ni_r`cfnl[n_ ^[n[ pc[ OIO+ =`n_l nb_ IKJGAU?=HAJ@=N `cf_ cm ]igjcf_^) nb_jlial[g cm fi[^_^ ihni nb_ OEI ][l^ omcha _cnb_l [ Qhcp_lm[f O_lc[f >om %QO>&mg[ln][l^ l_[^_l il pc[ ip_l*nb_*[cl jlipcmcihcha+ Eh \inb ][m_m) e_sm ni nb_ ][l^g[s \_ l_kocl_^ ni chmn[ff nb_ [jjfc][ncih ^_j_h^cha ih nb_ m_lpc]_ jlipc^_l$mm_]olcns ]ih`caol[ncih

Qhcn ?imn7 OK

On[nom7 N_f_[m_^) hin ^_jfis_^+

LK?7 Q,,BKQKE E + O0////+E

6

6

@_hp_^ Blig 7 JO=,?OOI .*O/@[n_^7 /-­-­4-­.-­5

@_] f[mm c`s Kh7 /-­0/-­.-­5

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

Page 32: 126@E

OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

=60.??<COI D=J@OAP

%O,,OE,,NAH& Ii^c`c_^ COI %n[la_n& b[h^m_n nb[n ]iff_]nm om_l ^[n[) fi][ncihch`ilg[ncih [h^ liig [o^ci+ ?igg[h^ [h^ ^[n[ _r`cf cm ^ih_ `lig [ f[jnij [h^l_aof[l jbih_ pc[ OIO * %Obiln I_mm[acha O_lpc]_&) qcnbion [f_lncha nb_ n[la_n+ -­3,/-­,-­5

?$$?6! @FPIHR 1FRF TJF ?:?-­

y Eh]igcha ][ff hog\_lmy Konaicha ][ff hog\_lmy N_]_hnfs l_acmn_l_^ h_nqilemy N_]_hn Hi][ncih =l_[ ?i^_m %H=?&y?_ff jiq_l [h^ Pcgcha =^p[h]_ch`ilg[ncih %CAK&yN_]_hnfs =mmcah_^ PIOE+ EIOEyN_]_hn h_nqile [onb_hnc][ncih]b[ff_ha_ l_mjihm_my N_]_hn mo]]_mm`of LEJm _hn_l_^ chninb_ jbih_ ^olcha nb_ jiq_l*ih ]s]f_yOS p_lmcih i` LE?=OOK cgjf[hny' Din*gc]$ ni ]iff_]n Niig =o^ciy L[hc] >onnih m_ko_h]_ %m_h^m fi][ncihch`ilg[ncih ni [h HL Kj_l[nil&y O_h^ P[la_ncha Eh`ilg[ncih %c+_+]oll_hn EIOE [h^ jbih_ hog\_l qb_h cncm nolh_^ ih * ch ][m_ nb_ OEI b[m domn\__h mqcn]b_^&+y>fi]e ][ff ni ^_hs n[la_n m_lpc]_+

%O ,,O E,,N AH& D [h^ m_ nK j n ci h m

yA[mn]ig 43-­](yO[gmoha A3-­-­) T12-­yO[gmoha ?.1-­y%qcnb =l[\c] e_sj[^=[hao[a_ ijncih&

%O ,,O E& L E?=OOK K j_ l[ n ci h [ f ? i h ]_ j n

%O,,OE,,NAH& Qm_m ch]fo^_ [mm_np[fc^[ncih [h^ nl[]echa [h^ n[la_nn_gjf[ncha+ Lbih_ ][h \_ bingc]$^ [h^ b[m [ ÄL[hc] >onnih e_s m_ko_h]_ `il nb_ qcnncha om_l+

On[nom7 / q__em =NK %.-­ il f_mm&

Qhcn ?imn7 [jjlir "/-­-­-­

LK?7v O0//1/+

6

6

2:hm[+c]+kipK_`cp_^ x]ig7 JO=,?OOI .*O/

@[n_^7 /-­-­4-­.-­5K _] f[ 'm l`sK h 7 /-­0/-­.-­5

OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

Page 33: 126@E

PKL OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

@<@205.?2>=JP Lli^o]n @[n[

%PO,,OE,,NAH& PKPA?D=OAN cm [ Sch^iqm ?A cgjf[hn n[la_ncha nb_ Pbol[s[ /2/-­b[h^m_n+ Pb_ Pbol[s[ /2/-­ cm [ ^o[f gi^_ jbih_ nb[n ][h ij_l[n_ _cnb_l ch O=P ilCOI gi^_m+ Pb_ jbih_ [fmi mojjilnm [ CLNO ^[n[ ]ihh_]ncih `il S_\ \liqmcha)_*g[cf) [h^ IIO g_mm[a_m+ Pb_ chcnc[f mi`nq[l_ cgjf[hn ][j[\cfcnc_m ch]fo^_jlipc^cha CLO [h^ COI a_i*fi][ncih ch`ilg[ncih+ ?[ff fia) ]ihn[]n fcmn) [h^ inb_l

BA,AB AE

om_l ch`ilg[ncih ][h [fmi \_ l_nlc_p_^ `lig nb_ jbih_+ =^^cncih[f ][j[\cfcnc_m [l_\_cha chp_mnca[n_^+

PKLI?N.P $ E

f f c ch + cs + cC O IL`fKS

V[ cO e c ,?i ff_] ncih

?LO * ? o l l_ h n BEI + H I E BEJ+ H_ m n .-­COI I??+ IJ?+ H=? ) Ep h ch a =lnpI ]g _s I O E+I G E7 N Y Y = \ & f C a ` ( =[ (

? ih n[ ] n H cm n D _g mm + L=ihm J og \ m ''

GC D F S7 E : G F = 4 4 / + + 1 -

:8 BB<KQK& PKP\?D=O`]N * K j_l[ ncih[ f O]b_g[nc]

%PO,,OE,,NAH& PKPA?D=OAN qcff om_ OIO g_mm[acha `il nb_ ]igg[h^) ]ihnlif)[h^ ^[n[ _r`cfnl[ncih j[nb+ Pb_ chcnc[f ][j[\cfcns qcff om_ ]ip_ln OIO g_mm[a_m ni]iggohc][n_ qcnb nb_ b[h^m_n+ Pb_m_ ]ip_ln g_mm[a_m ][h \_ nl[hmgcnn_^ ch_cnb_l Pbol[s[ O[n_ffcn_ gi^_ il COI gi^_ [h^ qcff hin [f_ln nb_ om_l i` nbcm[]ncpcns+ =h [fn_lh[n_ ]igg[h^ [h^ ]ihnlif ]b[hh_f omcha nb_ CLNO ^[n[]ihh_]ncih \[m_^ ih nb_ PKPACDKOPHU cgjf[hn cm chn_h^_^ `il [ `onol_ p_lmcih+

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Page 37: 126@E

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Page 38: 126@E

Hiq Liq_l COI =]ncp_

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y H=J+ NB+ QO> ][\f_m

y L_fc][h ?[m_

y %Bc_f^ Gcn ihfs& ?ihnlif H[jnij[h^ =]]_mmilc_m

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y Oojjilnm H[h^mb[le,?[h^sal[g][j[\cfcnc_m+

6

6

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2;;@<A>.42%O ,,O E,,NAH& @ cl_]ncih Bch^cha ih

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-­.,/4,-­6

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+ %O,,OE,,NAH& B_[nol_m7 + %O,,OE,,NAH& Ah]fimol_7

y Oi`nq[l_ @_`ch_^ N[^ci Osmn_g y c+5 $D r 5+?PS r 5+-­Å@

y Kj_l[ncha l[ha_ .-­IDt * 1CDt

y 1 N_]_cp_ j[nbm) [ff msh]blihct_^

y . Pl[hmgcn j[nb

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y Cca[\cn Anb_lh_n

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-­.,/4,-­6

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y ?ih]_[f_^ O@N qcnb D[h^m_nI_ho Ehn_l`[]_

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y Bch^,Bcr,Bchcmb ?[j[\cfcns

y Ehn_al[n_^ Anb_lh_n

y Arn_lh[f =hn_hh[ Liln

y Ehn_lh[f .3 C> i` mnil[a_

y Iofncjf_ Ehn_al[n_^ =hn_hh[m

y 0C D[h^m_n Dimn Lf[n`ilg

y =^^cncih[f Dimn Lf[n`ilgm

y Eh]l_[m_^ I_gils ?[j[]cns

y =^^cncih[f Bch^,Bcr,Bchcmb?[j[\cfcnc_m

y =]ncp_ Ehn_llia[ncih ?[j[\cfcnc_m

6

6

On[nom7 ?oll_hn CAJAOEO jf[n`ilg [p[cf[\f_+Bonol_ jf[n`ilgm [p[cf[\f_ qb_h ^_p_fijg_hnm [l_]igjf_n_^+

LK?7 + O0//1/+ E

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Page 41: 126@E

OA?NAP,,?KIEJP,,NAH PK QO=+ BRAU

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-­.,/4,-­6

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%O,,OE,,NAH& B_[nol_m7

y @o[f ?[llc_l Osmn_g

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y 5+2'D r .0+-­*S r .3+2Ç@

y =jjlircg[n_fs 12 f\m

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Y %O,,OE,,NAH& JA>QH= Osmn_g Gcn7

y JA>QH= Osmn_g

y 0 Ehn_l]b[ha_[\f_ NB \[h^m

y =?,@? jiq_l ]ihp_ln_l

y =hn_hh[ ni mojjiln IO+ CLO+SEBE+ NB

yH=J+ NB+# QO> ][\f_m

y L_fc][h ?[m_

y %Bc_f^ Gcn ihfs& ?ihnlif H[jnij[h^ =]]_mmilc_m

Y%O,,OE,,NAH& O_j[l[n_fs Llc]_^ Kjncihm7

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J %O,,OE,,NAH& >[m_ On[ncih Nion_l Lf[n`ilg7

y Iofncjf_ >ON ohcnm ][h \_chn_l]ihh_]n_^ ni `ilg [ g[]li h_nqileomcha 5-­/+0 [h^ 5-­/+.. \[]e*b[of+

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%O,,OE& Kj_l[nilm [l_ [\f_ ni a_ifi][n_l_acmn_l_^ b[h^m_nm) ][jnolcha nb_ om_l+

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6

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-­5,-­2,-­5

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IPANJAP O]ih[cq

fiq

6

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On[nom7 =p[cf[\cfcns * F[ho[ls /-­-­6 Qhcn ?imn7 2-­ ohcnm7 O.+-­.2G

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-­5,-­2,-­5

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-­5,-­2,-­5

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6

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On[nom7 =p[cf[\cfcns * I[s /-­-­6LK?7 O0//0)=HP LK?7 v Ñ+ O0//0)

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-­5,-­2,-­5

++

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Qhcn ?imn7 O 0-­

On[nom7 Kj_l[ncih[f+ I[ho`[]nol_^ ih [h [m*h__^_^ \[mcm+ ?ihn[]n LK? `il[p[cf[\cfcns ch`ilg[ncih+

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6

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