
,D6C $2:?E6?2?46 ?DECF4E:@?D
=62?:?8 2?5 2C6
d.)% %
.F I<;L:< K?< I@JB F= =@I< <C<:KI@:
J?F:B FI @EALIP KF G<IJFEJ I<8; K?<
#'*),.(. - .3
#(-.,/.#)(- 9<=FI< FG<I8K@E>
K?@J 8GGC@8E:<
d.)% %
.) 0)#
,#-% ) &.,# -")%
CN8PJ ;@J:FEE<:K K?< 8GGC@8E:<
=IFD K?< GFN<I FLKC<K 9<=FI<
:C<8E@E>
(<M<I :C<8E K?< N8J?@E> D8:?@E<
N@K? 8 GI<JJLI< N8J?<I
d.)% %
.) 0)#
,#-% ) 2*&)-#)(
(<M<I LJ< =C8DD89C< JFCM<EKJ KF
:C<8E K?< 8GGC@8E:<
=62?:?8 E96 2AA=:2?46
9@FD:?8 2?5 4@?EC@= A2?6=
J I<HL@I<;
q/J< ?FK JF8GP N8K<I FI 8 D@C;
EFEt89I8J@M< :C<8E@E> 8><EK
qIP N@K? 8 JF=K KFN<C
=62?:?8 E96 5CF>
#= ILJK JGFKJ ?8M< =FID<; ;L< KF
C<=KtFM<I ;<9I@J <> :F@EJ G8G<I :C@GJ
E8@CJ
q/J< 8 :?CFI@E<t=I<< :C<8E@E> 8><EK
FCCFN K?< D8EL=8:KLI<IJ
@EJKIL:K@FEJ (<M<I LJ< JK<<C NFFC
=62?:?8 E96 @@C 2D<6E
=K<I N8J?@E> N@G< K?< >8JB<K KF
I<DFM< I<J@;L8C N8K<I FI ;<K<I><EK
'FC; FI F;FI @JJL<J :8E I<JLCK @= N8K<I
FI ;<K<I><EK @J 8CCFN<; KF I<D8@E FE K?<
>8JB<K
qCCFN K?< ;ILD KF 8@I FLK 8=K<I
N8J?@E> 9P C<8M@E> K?< ;FFI
G8IK@8CCP FG<E .?@J N@CC 8CCFN 8@I KF
:@I:LC8K< 8E; ?<CG ;IP FLK 8EP
I<D8@E@E> DF@JKLI< @E K?< ;ILD FI
FE K?< >8JB<K
=62?:?8 E96 56E6C86?E
5:DA6?D6C
#= I<J@;L8C ;<K<I><EKJ FI 8;;@K@M<J ?8M<
8::LDLC8K<; FI @= JF=K<E<I9C<8:? 8I<
EFK =LCCP I@EJ<; FLK
q*LCC FG<E K?< ;<K<I><EK ;@JG<EJ<I
;I8N<I *I<JJ ;FNE  KF I<C<8J<
K?< ;I8N<I :8K:? ,<DFM< K?<
;I8N<I =IFD K?< 8GGC@8E:<
q,<DFM< K?< C@HL@; ;<K<I><EK @EJ<IK
9P GLCC@E> @K LGN8I;J =IFD K?<
;<K<I><EK ;I8N<I
qC<8E K?< ;<K<I><EK ;@JG<EJ<I 9P
@EJ<IK@E> @K LE;<I N8ID ILEE@E>
N8K<I &@>?KCP N@G< 8N8P 8EP
I<D8@E@E> ;<K<I><EK I<J@;L<
q,<@EJ<IK K?< C@HL@; ;<K<I><EK @EJ<IK
@= LJ@E> C@HL@; ;<K<I><EK -C@;< K?<
;<K<I><EK ;@JG<EJ<I ;I8N<I 98:B
@EKF GC8:< 8E; :CFJ< @K :FDGC<K<CP
i
& %&+ @A6C2E6 E96 H2D96C
H:E9@FE E96 56E6C86?E 5C2H6C :?
A=246 2?5 7F==J 4=@D65
=62?:?8 H2E6C :?=6E
DEC2:?6CD
.?@J @J E<:<JJ8IP @= M<IP C@KKC< FI EF
N8K<I =CFNJ @EKF K?< N8J?@E> D8:?@E<
C<8E@E> @J I<:FDD<E;<; <M<IP 
DFEK?J KF I<;L:< M8CM< 9CF:B8>< @E
8I<8J LJ@E> ?8I; N8K<I
:CDE C6=62D6 E96 H2E6C
AC6DDFC6 :? E96 DFAA=J 9@D6D
q.LIE F== K?< N8K<I =8L:<KJ
q.LIE K?< :P:C< J<C<:KFI KF 8EP
N8ID :P:C<
q*I<JJ *E2CE'2FD6 9LKKFE 8E;
N8@K =FI  J<:FE;J
q.LIE K?< :P:C< J<C<:KFI KF &77