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>KH>K =I @A =>  - =IFA?J E?H I? FE? J FE? @A K = A > =IJ = AIJ ? IJEJKE@ F H K AFEJA E A A ?K= = ?=F= @A ? K =I >=I= AI ? JEA A ? K =I ?E @HE?=I A A F= E =@= ?KO I ? A I JEA @A = @AIF = =HIA @AI@A = A >H= = >=I= = ANJHA FKAIJ @A = ? K = FH ?AI GKA IA @A E =
F =HE =?E E LAHI= = F =HE =?E E LAHI= @A = ?=F= @A ? K =I >=I= AI A A = A > =IJ = JEA A GKA B H =H F=HJA @A K @A I F=JH AI =HGKEJA?J E? I AIFA? ? I @A AFEJA E =I ?E=@ I ? K ? F HJ= EA J ?= =CHAIEL I @ I F=JH AI I ? K AI I A B E?K =H O A F ANEB H A - CA AH= J @=I =I L=HE= JAI DEIJ CE?=I @A I = A > =IJ =I ? K AI JEA A K ? F HJ= EA J >E CE? IE E =H O IA JH=J= @A B H = @EIJE J= F H IKI H=IC I E?H I? FE? I = J ? E?= ? =O H FH >=>E E@=@ @A A E E =H J J= A JA = AIE AI = HAIA??E =HCE = A > GKA

) A > =IJ

= 7 137 561+

,AI?HEJ F H FHE AH= LA F H 4 >E I O =HJ A A '%% A = A > =I J = K EGK IJE? AI K = L=HE= JA >EA @EBAHA ?E=@= GKA IA FHAIA J= ? =O H BHA?KA ?E= A L=H AI @A H= = ACH= O A K E JAHL= @A A@=@ GKA ? FHA @A @A I $ = I  = I =K GKA AI E BHA?KA JA IK =F=HE?E A F=?EA JAI @A A H A@=@ )F=HA?A HA =?E =@ ? K GKEIJA @A J CAH O IKA A =I ?E=HIA = K JAH?AH =H KO @AIF = =@ =I AIE AI I I BHA?KA JAI A = = @ >K = GKA A A =NE =H @ @A IA = = J= I A  @A AIJ I JK HAI =I HACE AI I =BA?J=@=I I A CK = @E>K =H A HA =?E ? A ? H@= O = I IEI O= GKA = F=HJEH @A AIJA FK J A JK H AI ?=F= @A ANJA @AHIA F H J @ A ?KAHF = @E>K =H I BHA?KA JA AI GKA =F=HA ?= A = = =H %% " @A I ?=I I - =IFA?J H=@E CH ? AI E F HJ= JA A A @E=C IJE? F HGKA @AJAH E = IE = AIE AI K E ?K =H K ?HEJAHE E FHAI?E @E> A A A = A > =IJ = K EGK IJE? =I AIE AI IKA A AIJ=H >EA @A E EJ=@=I O FKA@A FHAIA J=H E ? KI ANF= IE ? HJE?= -NEIJA L=HE=I DEF JAIEI GKA GKA =? =H= A =?E EA J @A AIJA JEF @A = A > =I J = FK@EA @ IAH A HECA K GKEIJA @ J C E? @EHA?J= A JA = JH= IB H = ?E @A = A > =IJ =I ? GKEIJE ?=?E @A AFEJA E @A AI = JA @A K @EA JA A @AI=HH K = AIE K EGK IJE?= = AIE AIJ ? IJEJKE@= F H K = ? FIK = @A JA E@ ? K JEL >H I @A I K EB H A A JA A CH I=@ GKA H @A= K = I = K CH= @A A = @A GKE@ HALAIJE EA J AFEJA E= @A = K AI @A AIFAI H K EB H A O JEA A K = ?=F= ECAH= A JA DEFAH?H JE?= @A ? K =I >=I= AI A A F= E =@= = =O H = @A =I ?K= AI FHAIA J= F =HE =?E E LAHI= @A ?A - JH=J= EA J @A = A > =IJ = K EGK IJE? @AFA @A @A IK F=JH DEI J CE? +K= @ AIJ FHAIA JA A F=JH E JH= K E = A F ANEB H A = A K ? A=?E IKA A IAH IK ?EA JA )@A I AI K JK H ? >= I @E?AI @A HA?KH HA ?E= J= I @A & = # @A I ?=I I = ?EHKC = AIJ E @E?=@= A ?=I I ANJHA I

! ) A > =IJ

= 2-41. 41+

- = A > =IJ = FAHEB HE? ANJH= IA  AI K JK H @ J CA >A EC KO H=H GKA IA F=HA?A DEIJ CE?= A JA = = A > =IJ = E JH= IA ? FAH AIJ E EJ=@ = I JA E@ I > = @ I ? = A ?= = K? I= H= GKA HA?K>HA =I @A I F HJA @A J=HE 5A ?HAA GKA FH ?A@A @EHA?J= A JA @A AFEJA E @A HALAIJE EA J @A I HAIE@K I @A = E = @A J= ?= E =@ I A A JA E@ > = @ ANJH= IA 5 I BHA?KA JAI A L=H AI @A I @A # = I @A A@=@ I >HA J @ A = = E CK= @A = = @ >K = I JA E@ I > = @ I @A = JK>AH IE@=@ @A =NE =H IKFAHE H J= >E I A ? JH= I HAEJAH=@= A JA =I AIE AI IKA A JA AH A =IFA?J @A @K I I IE AI @A = A ? = H AI ?KO J= = I?E = A JHA  # O ? FKA@A IAH AHEJA =J I=I AIJ=H K ?AH=@=I 5A D= @ ?K A J=@ A F=?EA JAI @AI@A ! = & = I @A A@=@ O =I AIE AI IA FHAIA J= A = = @ >K = A @ > A @A LA?AI GKA A A =NE =H ,=@ GKA =I AIE AI I FHE ?EF= A JA ANJH= IA=I I H=H I I ?= >E I IA I - ?=IE AI AIJ=I AIE AI FKA@A ? BK @EHIA ? K CH= K = FE CA K F=FE = K CH= K = FAHEB HE? @A ? K =I CEC= JAI AJ? O= GKA J @ I A I FHAIA J= JK A B=??E @A = A ? = - JA E@ AIJ ? IJEJKE@ F H EI JAI O = A J I @A AFEJA E @ J CA F H CA AH= F=HA?E@ = F=JH B E?K =H @A = A > =IJ = ? E JH= IA I EI JAI AFEJA E= AI IA FHAIA J= CA AH= A JA = L=HE= JA =?= J =J I= @A AIJA F=JH ? HA=I ?A JH= AI @A B H =?E @A GKAH=JE = A F=JH GK IJE? - JH=J= EA J HA? A @=@ F=H= A = A > =IJ = FAHEB HE? @E AHA @A @A JH=I B H =I @A = A > =IJ = F HGKA A JK H IKA A IAH FAGKA O GKA@= E EJ=@ = JA E@ > = @ IKFAH ?E= = =O H = @A =I AIE AI IA JH=J= ? NEJ A@E= JA AI?EIE ?= GKA E ? KO= K FAGKA > H@A @A JA E@ H = > H@A E BAHE H @A>AH = E ? KEH FAHE IJE F=H= =IACKH=H GKA IA D=O= FH @K?E@

" FA AJH=?E A A DKAI - = EIEI DEIJ CE? @A =I AIE AI AI?E @E@=I AI BK @= A J= F=H= @AI?=HJ=H JH=I F=J C =I = O ?K= @ A @E=C IJE? IA= ALE@A JA

67

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6K H >A EC ?= A JA =CHAIEL =K GKA ? K F @AH E L=IEL A H GKA A @A = A > =IJ = ? IJEJKE@ F H >= @=I O B H =?E AI A@K =HAI @A ? K =I F = =I O ? =H=I GKA IKA A =? F= =HIA @A ?= ?E ?=?E AI AIB HE?=I O @AF IEJ I DE= E I ? ?=H=?JAH IJE?=I JE J HE= AI @A = E E@A GKA FKA@A AIJ=H ?= ?E ?=@ IA D= @AJAH E =@ = DEIJ C AIEI FAH IA ?HAA GKA FKA@A @AI=H H =HIA = F=HJEH @A AIJH=J A@E @A HC= @A AI = JA .KA AIJK@E=@ F H FHE AH= LA F H A F=J C >K?= 2E @> HC A '#& 5A FHAIA J= A F=?EA JAI ? A@=@AI A JHA I  O I $ = I =F=HA?EA @ A I @ I JAH?E I @A I ?=I I A A =NE =H IKFAHE H , I JAH?E I @A =I AIE AI AIJ A = = @ >K = - = > I =NE =HAI = =O H = @A =I AIE AI IA FHAIA J= A A HA= =H IACKE@=I A BHA?KA ?E= F H A HA= FHA =H I >HA J @ A @EA JAI AHKF?E =@ I -IJA JK H @A ?HA?E EA J A J IA FHAIA J= A B H = @A K = =I= E @ H= IE GKA IA D=O= AC=@ = @AI?HE>EH AJ IJ=IEI - A =NE =H IA FH @K?A = LA?AI =>IJHK??E @A = L = HAIFEH=J HE= =I= AFEIJ=NEI O AN BJ= I - 6 -+ FAHEB HE? =F=HA?A I ? A JA A = CE CEL= = JAHE H @A = > ?= 5A FHAIA J= ? K = JK AB=??E IKFAH ?E= @A JA E@ > = @ @A = A ? = A =I @A J=@=I O A@ JK =I @A I =NE =HAI ,=@ GKA =I ?= ?E ?=?E AI IKA A IAH FAGKA =I =I AIE AI JEA @A = FHAIA J=HIA A B H = @A E =CA H= @E ?E@= @EBKI= ? = ?D=I J KAI @A AIJHK?JKH=I ?= ?E ?=@=I - JK H FHAIA J= K = ? IE@AH=> A L=HE=>E E@=@ A IK =IFA?J DEIJ CE? I BHA?KA JA AIJ ? IJEJKE@ F H ?=F=I @A ? K =I F E @HE?=I ? FKA JAI E JAH?A K =HAI @AIJ=?=@ I O L=HE=?E AI A A J= = @A I ? A I =I ? K =I FKA@A FHAIA J=H F A H I K JE K? A=?E K? A I FH E A JAI O = LA?AI DEFAH?H =JEI ,A>E@ = = AI?=IA @A ?=I I ? IACKE EA J = =HC F= IA ? ?A >EA A ? F HJ= EA J >E CE? @A 6 -+ 5A EC H= ?K AI = ? K = AIFA? ?= @A = GKA IA @AHEL= O A AIJ K F=H= IK ?HA?E EA J =K GKA IA D= F IJK =@ A AIJH=J E JAH A@E @A HC= @A AI = JA ,A>E@ = =I ?=H=?JAH IJE?=I ANFKAIJ=I = JAHE H A JA JK H @A ?HA?E EA J A J F ? =CHAIEL GKA FHAIA J= AJ IJ=IEI AJ?  I ABA?JEL AI A =J=GKA GKEH HCE? = HAIA??E D=IJ= = A K? A=?E =I HA?EIEL=I I A HAI @A  F H GKA = HA ?E GKEH HCE?= H=@E?= AIJ E @E?=@= A = =O H F=HJA

67

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AIE >A EC = >EA ?EH?K I?HEJ= @AHEL=@= A AFEJA E @ J CA GKA HAFHA IA J= @A ! = & $ @A I JK HAI @ J C E? I ,AHEL= @A HC= @A AI = JA O IA ?HAA GKA IK C AIEI IA FH @K?A A A JE AIJ=@ BK ?E = @A = = A C AIEI = AIFA I=I @A AFEJA E HA@K?E@ @A AI = JA A AIJH=J E JAH A@E -IJ= F=J C = GKA BKA HA? ?E@= F H FHE AH= LA F H 5J=GKA ? K = A JE@=@ @EBAHA JA AIJ ? IJEJKE@= F H AFEJA E A HA E I O F=JH AI @K?J= AI ?KO I AIF=?E I IA HA A = F H K =JAHE= 2)5 GKA IA D= @A IJH=@ GKA AI =JAHE= @A A >H= = >=I= A JHA A ? =@ I ? ?= ?E ?=?E AI AIB HE?=I - 6 ) IKA A =I ?E=HIA ? K @EA JA HAJA E@ O = A K@ AI = ?=KI= @A GKA K @EA JA D=C= AHKF?E F H GKA FKA@A ? BK @EHIA ? K GKEIJA @A J CAH - ! @A I ?=I I IA @= A F=?EA JAI A HAI @A ! = I I >HA J @ IKH= JA = IACK @= @ ?=@= @A LE@= BHA?KA JA A JA A F=?EA JAI @A " = # = I @A A@=@ )BA?J= = =I K AHAI ? K AH @ > A E ? KI JHEF A A HA =?E ? I L=H AI )F=HA?A ?=IE IEA FHA A = F=HJA = JAHE H @A = > ?= CA AH= A JA = HA@A@ H @A K ?= E HAJA E@ -IJ= AIE IA D= =I ?E=@ = LA?AI ? JH I @EA JAI E ? KE@ I I =HAI - =IFA?J H=@E CH ? @A 6 ) IKA A IAH K = AIE K E ?K =H @A K = JHAI ? ? > H@AI >EA @A E EJ=@ I GKA ? JEA A K @EA JA AHKF?E =@ A

# I @A & @A I ?=I I IKA A IAH A ?= E IKFAHE H O FKA@A AIJ=H E F E?= @ I @ I @EA JAI = =O H = I H=@E ?E@=I FAH = CK =I ? JEA A = ?D=I JA KAI H=@E F=?=I - 6 ) AIJ ? IJEJKE@ F H K = ? FIK = ANJAH = @A JA E@ ? K JEL >H I GKA H @A= K = B H =?E @K =H @A ? K =I AFEJA E= AI HAIJ @A JA E@ FKA@A IAH I E@ ? JA AH HA=I GK IJE?=I B ?= AI I @K I AIJ B H =@ I F H ? K =I AFEJA E= AI BKIEB H AI GKA AIJ = A K@ A K = @EIF IE?E =HHA E =@= 0EIJ CE?= A JA @A KAIJH= K = JK H=?E GKA FHAIA J= @EBAHA JAI B H =I ? H@ AI EI JAI =I=I ?A K =HAI GKA IA ? HHAIF @A ? K = FH EBAH=?E AFEJA E= A K AIJH = ? A?JEL =I ? K =I IA A ?KA JH= =CHKF=@=I A B H = @A H IAJ=I O ? @K?J I KO F=HA?E@=I = I = A > =IJ I + E?= A JA IA L= = = EBAIJ=H ? K JK H @ H I O @A A J ?HA?E EA J GKA FH L ?= ANF= IE ? HJE?= A E ? KI @AIF = = EA J @A I @EA JAI =@O=?A JAI - 6 ) IA JH=J= ? NEJ A@E= JA ACH=@ O F H CA AH= HAGKEAHA = ANJEHF=?E @A I @EA JAI =I ?E=@ I =I HA?E@EL=I I H=H=I @A>E@ = IK ?=H ?JAH >A EC O = IK A ?=FIK =?E

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-I J= >E @A E =@ GKEIJA @A / H E  GKA A '$ K J = IKI ? => H=@ HAI BKA FE AH A = @AI?HEF?E @A IKI ?=H=?JAH IJE?=I -I K = AIE @ J C E?= >A EC = I E@= GK IJE?= H=H= >EA ?EH?K I?HEJ= ? ? K =I ? K =HAI O HA=I @A HAJ ?K AIJHA =@ @AHEL=@ @A AFEJA E @ J CA GKA IA F=HA?A = = A > =IJ = B E?K =H FAH ? JEA A ? K =I B= J=I = GKA FKA@A AIJ=H ?= ?E ?=@=I 4=H= A JA JEA A K ? F HJ= EA J =CHAIEL O IA = EBAIJ= J= J @A = AH= E JH= IA= ? ANJH= IA= =K GKA A A & @A I ?=I I L= I = A ? JH=H I = JA AIE AI E JH= IA=I =I AIE AI FKA@A =F=HA?AH = ?K= GKEAH A@=@ FAH ANEIJA FHABAHA ?E= A F=?EA JAI @A K I  = I IE GKA ANEIJ= K = =O H E ?E@A ?E= A E CK @A I @ I IAN I 2KA@A FHAIA J=HIA A ?K= GKEAH KC=H @A =I =I @A J=@=I FAH = = I ? I HA=I @A I IJ =F O @A J=HE @A = = @ >K = O A =NE =H IKFAHE H E EJ @ IA = F=HJAI = JAHE HAI HAIFA?J @A FHE AH =H FHE ?EF= A JA =I AIE AI JEA A ?=H=?JAH IJE?=I H=@E CE?=I AIFA? ?=I =K GKA ? CH= BHA?KA ?E= FHAIA J= A =IFA?J @A E CA AI H=@E ?E@=I K E K JE ? K =HAI >EA ?EH?K I?HEJ=I GKA ? JEA A = ?D=I H=@E F=?=I @EBKI=I GKA FKA@A =I ?E=HIA E ? KI = @ J =I = K @EA JA AHKF?E =@ E?H I? FE?= A JA IK =IFA?J AI L=HE=@ ) CK =I AIE AI JEA A K ?A JH GK IJE? O JH=I I I E@=I - ? F A JA AFEJA E= AIJ ? FKAIJ F H K = ?=F= ANJAH = @A ? K =I >=I= AI ?E @HE?=I A A F= E =@= O K = ?=F= ANJAH = GKA HA?KAH@= = HAJ ?K AIJHA =@ - ? F A JA AFEJA E= IA F=HA?A = GKA IA A ?KA JH= A A = A > =IJ = O AI ? = J @=I =I AIE AI -I ?=H=?JAH IJE?= = =F=HE?E @A ? K =I B= J=I = GKA IA E JAH?= = ? K =JAHE= = =@ @A JE E@A GKA AIJ ?= ?E ?=@ 7 = @A =I DEF JAIEI GKA IA >=H= = I >HA IK HECA AI = B H =?E = F=HJEH @A = A?H IEI ? =CK =JEL= @A AFEJA E @ J C E? + E?= A JA AI H=H= IK = EBAIJ=?E ? JK AB=??E @ H I= O @A>E@ = A A K?D I ?=I I IK @AI?K>HE EA J AI =??E@A J= A HALEIE AI H=@E CH=B =I @A HKJE = =I AIE AI ? 3 + HAGKEAHA JH=J= EA J ? IAHL=@ H ? A K? A=?E HAIA??E ?= =K GKA IA D= @AI?HEJ HA?E@EL=I

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$ =I AIE AI IA @AJA?J= = FHE ?EFE ? JK AB=??E AI E @ H=I >EA ? E ?HA A J ?= @A = LE E@=@ @A = CK I @EA JAI =I AIE AI FAGKA =I JEA A =IFA?J @A E CA AI H=@E ?E@=I K E ?K =HAI EA JH=I GKA =I CH= @AI I K JE ?K =HAI O JEA A K > H@A > HH I =I AIE AI @A 6 +2 AIJ ? IJEJKE@=I F H EI JAI = =HC=@ I O HA@ @A=@ I @A AFEJA E F = AIJH=JE ?=@ @A =IFA?J HA =JEL= A JA H = A ? JH=F IE?E = K B @ @A JA E@ ? KJEL >H I ?A K =H I EI JAI AFEJA E= AI L=H = @A J= = O JEA A K = ?=F= @A ? K =I >=I= AI ? ? K =I ?K> E@= AI @A =IFA?J E =?JEL - HAIJ @A I EI JAI AIJ B H =@ I F H ? K =I E JA A@E=I =@KH=I ? FKA JAI @AI I E? I FH E A JAI = =O H = @A =I AIE AI FAGKA =I IA FKA@A ? JH =H ? ACH=@ ?= =I AIE AI CH= @AI HAGKEAHA HAIA??E A > GKA

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- >H = @ J CA FAHEB HE? AI = B H = I BHA?KA JA @A >H = @ J CA O F=HA?A FH ?A@AH @A AFEJA E CE CEL= IKFAH ?E= @A HAIE@K I @A = E = @A J= GKA FAH = A?A A K = ?= E =?E ANJH= IA= - ? F A JA AFEJA E= IA =IA A = = = E = @A J= B H =@= @KH= JA =I AJ=F=I JA FH= =I @A = @ J C AIEI - >H = @ J CA FAHEB HE? JEA A K =IFA?J IE E =H = @A JH=I JK A B=??E AI B ?= AI @A = A ? = ? A >H = FAHEB HE? 2KA@A IAH @A ? H=?E H = AHEJA =J I= ?K= @ IA FHAIA J= K ?AH=?E 2KAIJ GKA =I AIE AI FAGKA =I AIJ ?= E =@=I A A JA E@ > = @ CE CE L= IKA A ANEIJEH = JAH=?E H=@E CH ?= @A DKAI = AIE AIJ ? IJEJKE@= F H K = A ? = @A JA E@ ? K JEL = C @A I GKA IAF=H= =I ?= E =@=I @A JA E@ ? K JEL EN =J I =N 2KA@A A ? JH=HIA FAGKA I EI JAI AFEJA E= AI ?AH?= @A = IKFAH ?EA =@O=?A JA = =I =I O = =HC=@=I ?HAIJ=I AFEJA E= AI O A =I HA=I FH BK @=I @A =IFA?J EN =J I )K GKA = ANJEHF=?E ?= AI A JH=J= EA J @A A A??E I E JA J I @A A E E =H IKFAH ?E= A JA = AIE IE = ?= =H A DKAI IK>O=?A JA A EC= A J FAHE @ J= IKA A FH L ?=H HA?E@EL=

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% FAHI=I =?H I? FE?= A JA D=> = @ ANEIJA @ I F=JH AI @A AIJA JK H GKA IA KI= =?=@ E?= A JA FKAIJ GKA = FH CHAIE ? E?= AI @EBAHA JA -I I JEF I I A IE F A GKA AI K = = = = B H =@= F H =I= @A JA E@ >H I =@KH ? HAIJ I @A AEJA E AI?=I I O A >H = @ J CA ?A JH= IAC = 5 A A GKA A JA E@ ? A?JEL =@KH ? JEA A =>K @= JAI HAIJ I O @AF IEJ I ?= ?E ?=@ I @A @A JE = ?A A J - JH=J= EA J @A ?=I I ? K E?=@ I @A >H = @ J CA @AI?HEJ I F H = 5 AI J @=L = FAGKA F H GKA AI F IE> A AIJ=> A?AH K FH IJE? FHA?EI = =O H = @A I ?=I I D= HAIF @E@ = JH=J= EA J I ? IAHL=@ HAI ? A ACH=@ = HA?KHHA ?E= AI H=H=

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AIE E JH= IA= ?= A JA =CHAIEL= O ?=IE AN? KIEL= @A AIGKA AJ =NE B= ?E= GKA @AHEL= @A JA E@ ? K JEL A >HE =HE =I ?E=@= ? = @ J C AIEI O ? IJEJKE@= FHE ?EF= A JA F H K = IKIJ= ?E= BK @= A J= K? E@A ? ? K =I AIA GKE = AI BKIEB H AI E @EBAHA ?E=@=I = F E= A JA @EIFAHI=I =I AIE AI IA @EIJHE>KOA ?=IE F H ECK= A JHA = = @ >K = O A =NE =H =I AIE AI =NE =HAI IA HAF=HJA K EB H A A JA F H J @=I =I HA=I BHA?KA JA A JA AH IE = A IA =NE =H ?HK = @ = A K@ = A= A@E= D=?E= = ?=LE@=@ IE KI= FKAIJ= =I AIE AI = @E>K =HAI IKA A A ? JH=HIA A =I HA=I =H O FHA =H O = A K@ IA ANJEA @A D=?E= = H= = -I = F=HJEH @A I ! O IE @EIJE ?E @A IAN I = CK I =KJ HAI @A A @A GKA A FHA@ E E AI A A IAN BA A E  ?K= @ =F=HA?A =FH NE =@= A JA A # @A I ?=I I =I CH= @AI AIE AI JEA A K =IFA?J H=@E CH ? A ?EAHJ @ ?=H=? JAH IJE? ? IJEJKE@ F H K = E =CA H=@E ?E@= ? K F=JH A
>KH>K =I @A => 
F= = @A =>A =I - = CK =I HA=I IA >IAHL= JH=>A?K =?E AI CHKAI=I = CK =HAI ?=H=?JAH IJE?=I A H=GKAJ= @A JA EI - =IFA?J E?H I? FE? @A K EN = @ J CA AIJ ? IJEJKE@ F H ? K =I BKIEB H AI @A B H = = CK =H = F E= A JA IAF=H=@=I A ? JH=IJA ? K B @ @A IKIJ= ?E= BK @= A J= K? E@A >HE =H - @E=C IJE? O IK JH=J= EA J I J=H@ I @A>E@ = ?HA?E EA J A J @A AIJA JK H O IK =IE J =J C = 5 = ?HA?AH FKA@A FH L ?=H ?EAHJ= @AB H E @=@ B=?E= = AN?EIE GKEH HCE?= AI A JH=J= EA J FHABAHE@ O= GKA @A>E@ = IK BHA?KA JA ? IEIJA ?E= =N= CA =JE I= A H=IF=@ FKA@A @=H KC=H = ANJEH F=?E E ? F AJ= @A = A?H IE= LE=> A = =KIA ?E= @A ? FIK = J= >E FKA@A B=L HA?AH =I HA?KHHA ?E=I ?K= @ = = = = IA JH=J= @A B H = @A =IE=@ ? IAHL=@ H= )K GKA AIJ=I HA=??E AI KAIJH= ?EAHJ= =CHAIELE@=@ O F IAA K = J=I= @AH=@= @A HA?KHHA ?E= A FH IJE? AI KO >KA I FH ?A@E EA J I GKEH HCE? I HAFAJE@ I F=HA?A =?JEL=H A ?HA?E EA J ?=KI=H AJ IJ=IEI ) CK =I AIE AI K E ?K =HAI FAGKA =I IA D= JH=J=@ ? NEJ A@E= JA ACH=@ ?= IACKE@ @A ?=KJAHE =?E GK E?= @A =I F=HA@AI IA=I FAH = =O H = @A =I AIE AI HAGKEAHA HAIA??E A > GKA =K GKA A FH > A = JA A I IE IA D= ANF= @E@ = I JA E@ I > = @ I

+- - 6 * )56

A F =IE= @A A J ?HA?E EA J >A EC = @A JA E@ = C = ?A A J GKA ?HA?A A ? JE KE@=@ ? = ?=F= @A ?A A J =FE?= @A K =H FHA =H = HA@A@ H @A = H= O FH @K?A ANF= IE @A =I J=> =I ? HJE?= AI )K GKA = LA?AI FKA@A IAH =IE J JE? IA FHAIA J= ? K JK H F ? @ H I = LA?AI ? @ H IA IE> A = = FAH?KIE A A @EA JA =BA?J=@ I >HA A GKA J= >E FKA@A E KEH A JK H AC= @ = @AIF = =H 6= >E IA A D= @A E =@ ?A A J = LAH@=@AH -I K = AIE H=H= GKA IA FHAIA J= A = IACK @= O JAH?AH= @ ?=@=I @A = LE@= ? K FE? @A E ?E@A ?E= A F=?EA JAI A J H = I ' = I @A A@=@ IE GKA ANEIJ= FHA@E A??E F H IAN I IEA @ I BHA?KA JA A = = @ >K = GKA A A =NE =H - & @A I JK HAI =F=HA?A A A HA= =H FHA =H A @EA JAI FAH = A JAI =K GKA IA D= @AI?HEJ ?=I I A JA F H= AI ? AIE AI

& =@DAHE@=I = JAH?E =FE?= @A K = @A =I H= ?AI =I AIE AI ?HA?A ? LAH @=@AH=I A F =IE=I ANF= @EA @ K EB H A A JA =I J=> =I ? HJE?= AI LAIJE>K =H O E CK= 4=@E CE?= A JA =I AIE AI I K E ?K =HAI O >EA @A E EJ=@=I 2KA@A IAH J J= A JA H=@E ?E@=I K = A ? = @A E CA AI H=@ K?E@=I O H=@E F=?=I ? F AJ= A JA H=@E F=?=I = AIE IA ?=H=?JAHE = F H K @AF IEJ @A =JHE A IE = E AH= E =@= > H@A=@= F H ?A A J > =IJ I CHKAI I GKA IA ? JE = ? K = ?=F= @A ?A A J H = @A K = @A =I H= ?AI @A @EA JA 1 @AFA @EA JA A JA @A J= = A JH=J= EA J @A = AIE HAGKEAHA = ANJEH F=?E @A @EA JA =I ?E=@ ? HAF=H=?E @A DKAI @A>E@ = = JE = HA =?E @A = A F =IE= ? = H= @A J= ANEIJA HA?KHHA ?E=

67

4-5

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I JK HAI @ J CA I ENJ I ? JEA A K = ? >E =?E @A A A A J I @A I JA E@ I AFEJA E= O ? K JEL GKA IA A ?KA JH= A J @=I =I AJ=F=I @A = @ J C AIEI - A >H = = A > IJE? I @ I ? F A JAI JEJK =HAI HAFHAIA J= K = AJ=F= FHA? @A = @ J C AIEI FHALE= = = B H =?E @A =I AIJHK?JKH=I ?= ?E ?=@=I @A AI = JA O = @A JE = - @ J = HAFHAIA J= = AJ=F= = FKAIJ= @A = @ J C AIEI O ? JEA A FHE ?EF= A JA AI = JA =@KH @A JE = O FK F=

.1*4

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561+

AIE >A EC = A E BHA?KA JA J= I A  @A I JK HAI @ J C E? I @A ?HA?E EA J A J GKA IA ?= E = FHA@ E = JA A JA I >HA A HA= =H @A = = @ >K = = A K@ A @EA JAI AHKF?E =@ I @A F=?EA JAI LA AI @A " = I @A A@E= -I I >HA @E?D= = @ @A =F=HA?A K = JK AB=??E E AIFA? ?= I ? F A JAI JEIK =HAI A AFEJA E O A JA E@ ? K JEL IA F=HA?A = AIJ=@ I FHA? ?AI @A = @ J C AIEI I FAHE @ I @A ?= F= = O ?=FAHK = 4=@E CE?= A JA IA FHAIA J= ? E CA AI H=@E ?E@=I K E ?K =HAI K JE ?K =HAI - HAIK J=@ AI @EB ?E @A @EBAHA ?E=H @A K = A > =IJ = O= GKA AIJ =I ?E=@ = K @EA JA AHKF?E =@ O ? HCA AI >EA @A E@ I - =IFA?J E?H I? FE? AIJ ? IJEJKE@ F H DA>H=I O ? H@ AI @A C=@ I @A AFEJA E @ J CA GKA IA F=HA?A = = E = @A J= O = I FAHE @ I @A ?=FAHK = O ?= F= = @A = @ J C AIEI JA FH= = = AIE AIJ >EA A ?=FIK =@= O IA IAF=H= B ?E A JA @A = ?HEFJ= IA= GKA = H @A= 5A D= >IAHL=@ K AH @A HA?E@EL=I HA =JEL= A JA = J F=H= K = AIE >A EC =

AIE D=>EJK= A JA D= =HJ =J I= GKA IKA A A ? JH=HIA I >HA @EA JAI AHKF?E =@ I ? JEA A AI = JA @A JE = FK F= O ?A A J A B H =I HA? ?E> AI @A @EA JA ? FKAIJ  >EA K = =I= K@ I= I E@= ? F A  2=H= ANF E?=H IK ?=KI= IA D= AIJK@E=@ = E = AI A I GKA IA D= E JH @K?E@ ?=H?E CA I E IK ?EA ?E=I KJHE?E = AI JH=K =JEI I FAH IE AC=H = ? ?AH J @=L = = AJE C = A DK = I I @ J =I I =IE J JE? I @A FAGKA J= =  # O IKA A FH @K?EH @AB H =?E B=?E= O ANF= IE IA= ,A>E@ = A IKA A IAH @AI?K>EAHJ I A HALEIE AI H=@E CE?=I = =I GKA IA =?K@A F H @AIF = = EA J @A J=HE =KIA ?E= @A FEA =I @A EJEL=I HAJA ?E @A FKA =I JA F H= AI I @ J =I I ? @EBAHA ?E= =I AIE AI @ J CA =I GK IJE?=I =I ? K AI O HAFHAIA J= ?=IE A % @A J @ I I JK HAI @ J CA I +=IE J @ I IA FHAIA J= A F=?EA JAI GKA AIJ A = FHE AH= O IACK @= @ ?=@=I I >HA J @ A A IAN BA A E =K GKA = CK I =KJ HAI @A A @A GKA ANEIJA @EIJE ?E A JHA IAN I I @ J =I =F=HA?A ? I BHA?KA ?E= A A =NE =H GKA A = = @ >K =

' I @ J =I ? FKAIJ I IKA A AIJ=H ?= E =@ I A = F=HJA E ?EIEL ?= E = @A = > ?= IA= I >HA =I ? H =I @A @EA JAI AHKF?E =@ I >EA A JHA =I H= ?AI @A I AHKF?E =@ I )K GKA I JK HAI GKA IA FHAIA J= A = = =NE =H = @E>K =H IA D= @AI?HEJ ?=I I A A @ A@E GKA AC=H = FH L ?=H F H@E@= @A =K@E?E O J= CE= 4=@E CE?= A JA IA FHAIA J= ? FA GKA =I F=?E@=@AI GKA IA ? HHAIF @A ? @EA JAI I A I B H =@ I ! " D=IJ=  - AI = JA = @A JE = O A JA E@ FK F=H @A =I AIJHK?JKH=I = C=I = @EA JAI @A @ J = ? FKAIJ AIJ HC= E =@ I A K F=JH H@A =@ ,A JH @A = ? FIK = ?EH?K @= JA ?=@= @EA JA ? E? A E E=JKH= AIJ IAF=H=@ F H K = = >= @= @A JA E@ ? K JEL B E?K =H - @ J = ? F A IA @EBAHA ?E= F H AIJ=H ? IJEJKE@ F H K = I = =I= K@ I= O @AI HC= E =@= @A AI = JA @A JE = O FK F= IE B H =I @A @EA JA HA ? ?E> AI 5 I BHA?KA JAI A = HACE =H 4=@E CE?= A JA IA =IA A = = K = IJA AI? AH IEI =F=HA?EA @ K = =I= EHHACK =H @A I= O F=?= ,A>E@ = GKA = >=I B H =I @A @ J = AIJ >EA A ?=FIK =@=I O JEA A K F JA ?E= @A ?HA?E EA J E EJ=@ IK JH=J= EA J IKA A IAH GKEH HCE? A E E = @ ?= A JA A JK H ? H=H=I HA?E@EL=I FAH IA FKA@A FH @K?EH @AB H =?E F H@E@= @A = FEA = @A J=HE=

.1*4

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=I= ANF= IEL= A F=?EA JAI LA AI GKA ? JEA A I ? F A JAI JEJK =HAI > = @ I @A >H = = A > IJE? O I ? F A JAI @A JA E@ @KH @A @ J =? FA 5A FHAIA J= A = IACK @= O JAH?AH= @ ?=@=I 5A ?= E = FHE ?EF= A JA A =I HA=I F IJAHE HAI @A = = @ >K = FAH FKA@A A ? JH=HIA A JH=I ?= E = ?E AI )F=HA?A A B H = @A K = JK AB=??E @A @AI=HH A J @A = F H?E =BA?J=@= @A = = @ >K = CA AH= A JA A A HA= @A K @EA JA AHKF?E =@ - @ H IA =I ?E= H=H=I LA?AI ? AIJ= AIE = H=@E CH=B = FHAIA J= K = AIE ENJ= H=@E ?E@= O H=@E F=?= CH= @A K E ?K =H O >EA ?EH?K I?HEJ= - ?=IE AI IA A ?KA JH= AIE AI K JE ?K =HAI =I HA=I H=@E ?E@=I AIJ B H =@=I F H JA E@ > = @ GKA IA =IA A = = >H = = A > IJE? -I=I HA=I AIJ ? IJEJKE@=I F H DA>H=I O ? H@ AI @A AFEJA E F=HA?E@ = = E = @A J= A ? JH=F IE?E = K B @ @A JA E@ ? K JEL A >E =HE B H =@ F H >H > =IJ I HEA J=@ I = A=J HE= A JA - >H @ J = = A > IJE? IA JH=J= @A = EI = B H = GKA A >H = = A > =IJE? -I A?AI=HE= K = A K? A=?E ?KE@=@ I= @A>E@ = = F IE>E E@=@ @A HA?E@EL= IE GKA@= JA E@ AIE =

67

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2KAIJ GKA L=HE I JK HAI @ J CA I FKA@A IAH ?= A JA @AIJHK?J HAI A E ? KI = A = =H = LE@= A AIFA?E= ?K= @ AIJ ?= E =@ I A A =NE =H = @A E =?E @A = EC E?E@=@ IA HAIAHL= I >EA F=H= =GKA I A I GKA IA D= FHAIA J=@ AJ IJ=IEI 6= >E IA KI= F=H= FHA@A?EH ? = JE?EF=?E A ? F HJ= EA J BKJKH @A = CK =I AIE AI @ J CA =I GKA JEA A H=IC I ?EJ CE? I =I ?E=@ I ? = = EC E@=@

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