,GHQWLILFDWLRQRI&RQWUROVFRQWLQXHG
6JGKPUVTWEVKQPUKPVJKUOCPWCNFGUETKDGVJGHWPEVKQPUQPVJGTGOQVGEQPVTQN2NGCUGUGGDGNQY

12'0%.15'DWVVQP

2TGUUVQ12'0%.15'VJGFKUEVTC[
2TGUUPWODGTDWVVQPUVQRNC[TGNGXCPVEJCRVGTVTCEM

0WODGTDWVVQPU

7UGVQVQIINGVJGUQWPFGPJCPEGOGPVQPQTQHH
YJGP&8&FKUEUKU&QND[&KIKVCN%JCPFő&KIKVCN
1WVRWVŒKU2%/QT1HH

'#/DWVVQP

(QT&8&FKUEURTGUUVJKUDWVVQPVQEJCPIGVJG
NCPIWCIGQHVJGUWDVKVNG
6QVWTPQHHVJGUWDVKVNGRTGUU57$6+6.'UGXGTCN
VKOGUWPVKNő1HHŒCRRGCTUQPVJGUETGGP

57$6+6.'DWVVQP

0QVGU
6JGPWODGTUQHNCPIWCIGUXCT[YKVJVJG&8&FKUEU
9JGP[QWUGNGEVCUWDVKVNGNCPIWCIGYJKEJKUPQV
KPENWFGFQPVJGFKUEVJG&8&XKFGQRNC[GTRNC[UC
RTKQTNCPIWCIGRTQITCOOGFQPVJGFKUE
&WTKPIUQOGUEGPGUVJGUWDVKNVGUOC[PQVCRRGCT
KOOGFKCVGN[CHVGT[QWEJCPIGVJGUWDVKVNGNCPIWCIG



2TGUU5-+2QPEGYKVJKPUGEQPFUQHRNC[DCEM
VQUMKRVQVJGRTGXKQWUEJCRVGTVTCEM+H[QWRTGUUVJG
DWVVQPCHVGTUGEQPFUKVYKNNUVCTVRNC[DCEMHTQOVJG
DGIKPPKPIQHVJGEWTTGPVEJCRVGTVTCEM

5-+2DWVVQP

&KURNC[VJGVKVNGOGPWQP&8&&KUE
9JGPRNC[KPI,2')KH[QWRTGUU612/'07KP
HWNNUETGGPTGXKGYVJG&8&XKFGQRNC[GTYKNNFKURNC[
COGPWQHVJWODPCKNKOCIGU
+H[QWFKURNC[VJGVQROGPWFWTKPIRNC[DCEMCPF
RTGUUVJG612/'07DWVVQPCICKPYKVJQWVUGNGEVKPI
CP[VKVNGVJG&8&XKFGQRNC[GTOC[TGUWOGRNC[DCEM
HTQOVJGRQKPVYJGTG[QWHKTUVRTGUUGFVJG612
/'07DWVVQPFGRGPFKPIQPVJGCEVWCN&8&XKFGQ
FKUE

612/'07DWVVQP

7UG%.'#4VQFGNGVGVJGUEJGFWNGFRTQITCOQTVQ
ECPEGNKPRWVFCVCKPVJGUGVVKPIOQFG

%.'#4DWVVQP

$TKPIWRVJGQPUETGGPFKURNC[UJQYKPIVJG
KPHQTOCVKQPQHVJGEWTTGPVRNC[KPIUVCVWU

&+52.#;DWVVQP

2TGUUVJKUDWVVQPVJG15&YKNNUJQYCUDGNQY

/'/14;DWVVQP

3OD\0HPRU\
&OHDU$OO
3OD\0HPRU\
&OHDU$OO
;QWECPWUGVJGEWTUQTDWVVQPCPF
PWODGTDWVVQPUVQ���KPRWV[QWTFGUKTGFVKVNGEJCRVGT
VTCEM;QWECPRTQITCOWRVQUGNGEVKQPUKPVQVJG
OGOQT[/GOQT[RNC[DCEM9JGP[QWJCXGHKPKUJGF
RTQITCOOKPI[QWECPOQXGVJGEWTUQTVQVJG2NC[
/GOQT[VJGPRTGUUVJG'06'4DWVVQPVQUVCTVVJG
RNC[DCEM6JGRTQITCOOGFUGNGEVKQPUYKNNDG
ENGCTGFYJGP[QWVWTPQHHVJG&8&XKFGQRNC[GT
2TGUU2.#;/1&'DWVVQPVQUGNGEVFGUKTGFHGCVWTGU
WUKPICPFVJGPRTGUU'06'4DWVVQPVQVQIING
FGUKTGFOQFG

2.#;/1&'DWVVQP

5GNGEVVJGRKEVWTGGPJCPEGOGPVD[RTGUUKPI
VJGPRTGUUVQOCMG[QWTUGNGEVKQPU
6QGZKVVJGRKEVWTGGPJCPEGOGPVUGNGEVKQPRTGUU
'2/CICKP
7UGVQUGNGEVVJGRKEVWTGGPJCPEGOGPV

'2/DWVVQP

$TKIJVPGUU
%QPVTCUV
+PVTQFWEVKQP
9JKNGRNC[KPICUEGPGTGEQTFGFYKVJOWNVKRNGCPINGU
RTGUUVJG#0).'DWVVQP
#0).'DWVVQPKUCNUQWUGVQEJCPIGVJGRKEVWTG
VTCPUKVKQPOQFGQH,2')RNC[DCEM

#0).'DWVVQP

0WODGTEJCPIGUVQUJQYVJGPWODGTQHVJG
EWTTGPVCPING6JGOCZKOWOPWODGTQH
RQUUKDNGCPINGUKU
GI
&WTKPIUNKFGUJQYRNC[DCEMCPFYJGPő.QCFKPIŒ
KUFKURNC[GF#0).'DWVVQPKUPQVCNNQYGFVQQRGTCVG
6JGRTQJKDKVGFUKIPő0QVCNNQYGFCVVJGOQOGPVŒ
YKNNDGFKURNC[GFQPVJG68UETGGP
2TGUU#0).'DWVVQPFWTKPI,2')RNC[DCEMYKNN
EJCPIGVJGRKEVWTGVTCPUKVKQPOQFGCUHQNNQYU
9KRG&QYP
9KRG7R
%GPVGT+P
%GPVGT1WV
$NKPF&QYP
$NKPF7R
4CPFQO
0QPG
2TGUU2#75'56'2VQHTGG\GRNC[DCEM
&WTKPIUVKNNRNC[DCEMUGCEJVKOG[QWRTGUUVJG
2#75'56'2DWVVQPVJGRKEVWTGCFXCPEGUQPG
HTCOG

2#75'56'2DWVVQP

2CWUG 5VGR
5ECPKPHCUVTGXGTUGQP&8&CPFQVJGTFKUEU
2TGUUVJKUDWVVQPVQVQIINGCOQPIVJGHQNNQYKPI
OQFGU:::::

4'8DWVVQP

7UG72&1904+)*6.'(6VQUGNGEVCHWPEVKQP
KPVJGUGVWROGPW
&WTKPI,2')RNC[DCEMRTGUUVJGTGRGCVGFN[VQ
TQVCVGVJGKOCIGENQEMYKUGD[QTFGITGG
2TGUUVJGTGRGCVGFN[VQTQVCVGVJGKOCIGEQWPVGT
ENQEMYKUGD[QTFGITGG9JGPKP<QQO
OQFGVJKUHWPEVKQPFQGUPQVYQTM

&KTGEVKQPDWVVQPU