.ODZLV] )XQNFMD

￿ 8VXZDQLH￿F\IU￿L OLWHU￿QD￿Z\￿ZLHWODF]X￿ 8VXZDQLH 8VXZDQLH￿SR]\FML￿] OLVW\￿

:\á￿F]DQLH￿PLNURIRQX￿SRGF]DV￿UR]PRZ\￿ ￿QDFL￿QLM￿L SU]\WU]\PDM￿NODZLV]￿￿ :\FLV]DQLH￿WHOHIRQX￿￿QDFL￿QLM￿L SU]\WU]\PDM￿ WHQ￿NODZLV]￿Z WU\ELH￿JRWRZR￿FL￿￿

:SURZDG]DQLH￿]QDNX￿￿￿

:SURZDG]DQLH￿]QDNX￿SDX]\￿￿S￿￿

3U]Há￿F]DQLH￿PL$G]\￿ZLHONLPL￿L PDá\PL￿

OLWHUDPL￿

:SURZDG]DQLH￿]QDNX￿￿￿

.ODZLV]H￿ =ZL$NV]DQLH￿OXE￿]PQLHMV]DQLH￿JáR￿QR￿FL￿ JáR￿QR￿FL VáXFKDZNL￿

1DFL￿QLM￿V]\ENR￿GZD￿UD]\￿￿DE\￿RGU]XFLü￿ SRá￿F]HQLH￿SU]\FKRG]￿FH￿ 1DFL￿QLM￿UD]￿￿DE\￿Z WU\ELH￿JRWRZR￿FL￿ Z\￿ZLHWOLü￿VWDQ￿

,QLFMRZDQLH￿SRá￿F]H￿

$E\￿E\áR￿PR$OLZH￿]DLQLFMRZDQLH￿OXE￿RGHEUDQLH￿ SRá￿F]HQLD￿￿QDOH$\￿Zá￿F]\ü￿WHOHIRQ￿L E\ü￿Z ]DVL(JX￿

VLHFL￿

:á￿F]DQLH￿WHOHIRQX

1DFL3QLM￿L SU]\WU]\PDM￿NODZLV]￿12￿￿D$￿XVá\V]\V]￿ V\JQDá￿G4ZL(NRZ\￿

:SURZDG4￿VZyM￿NRG￿3,1￿￿MH3OL￿]RVWDá￿RQ￿GRVWDUF]RQ\￿ SU]H]￿RSHUDWRUD￿VLHFL￿

$E\￿XVXQ￿ü￿Eá(GQH￿F\IU\￿￿QDFL3QLM￿NODZLV]￿￿ -H3OL￿NRG￿3,1￿]RVWDQLH￿ZSLVDQ\￿Eá(GQLH￿WU]\￿UD]\￿

] U](GX￿￿NDUWD￿6,0￿]RVWDQLH￿]DEORNRZDQD￿￿$E\￿ RGEORNRZDü￿NDUW(￿￿QDOH$\￿ZSLVDü￿NRG￿38.￿￿DQJ￿￿ 3HUVRQDO￿8QEORFNLQJ￿.H\￿±￿RVRELVW\￿NOXF]￿ RGEORNRZXM￿F\￿￿￿.RG￿38.￿MHVW￿GRVWDUF]RQ\￿SU]H]￿

RSHUDWRUD￿VLHFL￿

:\á￿F]DQLH￿WHOHIRQX

*G\￿WHOHIRQ￿]QDMGXMH￿VL(￿Z WU\ELH￿JRWRZR3FL￿￿QDOH$\￿ QDFLVQ￿ü￿L SU]\WU]\PDü￿NODZLV]￿12￿￿D$￿UR]OHJQLH￿VL(￿ V\JQDá￿G4ZL(NRZ\￿

8ZDJD￿￿6\JQDá￿G-ZL￿NRZ\￿QLH￿E￿G]LH￿Vá\V]DOQ\￿￿MH/OL￿ WHOHIRQ￿MHVW￿Z WU\ELH￿Z\FLV]RQ\P￿

,QLFMRZDQLH￿SRá￿F]H￿ ￿