ࡱ> q`bjbjqPqP*::plllllllDDD8| 4 $;!h#^ -l ll? hll:,ll 0,4bWD0  U 0  $|$$l  X DDllllll 8?0: '>?@0 "CBL : N128" >B@K2:8 #ABC?:8 >340 2K 2?5@2K5 A;KH8B5 A;>2> CABC?:0, B> 2>7<>6=>, >=> 0AA>F88@C5BAO 2 20H5< ?@54AB02;5=88 A> A;>2>< ?>@065=85. ! B>G:8 7@5=8O M3>, MB> 2?>;=5 =>@<0;L=0O 0AA>F80F8O.  ;N1>9 A8BC0F88, 345 ?@5>1;0405B 1>@L10, =8:B> =5 459AB2C5B 8AE>4O 87 ;N128 8 B>;L:> >4=0 87 AB>@>= <>65B >45@60BL ?>154C. 4=0:> ?@8 MB>< =5 A;54C5B 701K20BL, GB> 4>AB865=85 ?@8NB0 2708<=>9 ;N128  MB> B>, GB> <5=5 2A53> 4>ABC?=> 20H5<C @07C<C. > :0: 2K <>65B5 ?><=8BL 87 >?KB0 2;N1;5==>AB8, A;>2> CABC?:0 8<55B 5I5 >4=> 7=0G5=85. ;N1;5==>ABL ?>72>;O5B 20< 45;0BL CABC?:8 B><C, G53> 2K 2 3;C18=5 4CH8 65;05B5, 0 =5 B><C, GB> ?KB05BAO 20< =02O70BL :B>-B> 872=5. @54AB02LB5 A515 A0<K9 B@8280;L=K9 A;CG09: 20H0 65=0 ?@>A8B 20A ?><>GL 59 C1@0BL 2 4><5 2 B> 2@5<O, :>340 2K A<>B@8B5 B5;5287>@ 8;8 G8B05B5 :=83C, 8 20< =5 E>G5BAO >B@K20BLAO >B MB>3> 70=OB8O. 0: 2K >?8AK205B5 MBC A8BC0F8N? -3> D>@<C;8@C5B MB> B0:: "K E>G5HL, GB>1K O 45;0; GB>-B> G53> O ?@54?>G8B0N =5 45;0BL. =5 @5H0BL CABC?8BL B515 8;8 =5B. CE D>@<C;8@C5B A;54CNI8< >1@07><: / 286C, GB> MB> =C6=> <=5. 1@0B8B5 2=8<0=85, GB> AB02:0 45;05BAO =5 =0 @57C;LB0B. !>3;0A8BAO M3> =0 CABC?:C 8;8 =5B, => >=> C65 2>A?@8=8<05B 8=F845=B :0: :>=D;8:B. 3> 1>;LH5 2A53> 701>B8B A>E@0=8BL 2;0ABL =0 A2>59 AB>@>=5, ?>MB><C 2 MB>< :>=D;8:B5 >=> 4>;6=> >45@60BL ?>154C. >1540 >7=0G05B ;81> >B25B8BL =5B 8 CA:>;L7=CBL >B MB>9 @01>BK, ;81> A:070BL 40 8 3>@48BLAO A2>8< 25;8:>4CH85<.  >1>8E A;CG0OE F5;L M3>  871560BL ?>@065=8O. # 4CE0 ?>4>1=K5 A:@KBK5 <>B82K >BACBAB2CNB. = ?@87=05B ?>B@51=>AB8 4@C3>3> G5;>25:0, => >= =8:>340 =5 15@5B =0 A51O >B25BAB25==>AB8 70 MB8 ?>B@51=>AB8 8 =5 ?@>B82>AB>8B 8<. "0:8< >1@07><, 4@C3>9 G5;>25: 2>A?@8=8<05BAO :0: 459AB28B5;L=> ACI5AB2CNI89, ?>B><C GB>, 2 G5< 1K 2K =8 =C640;8AL, 20H8 ?>B@51=>AB8  MB> 20H0 @50;L=>ABL. 48=AB25==0O =0AB>OI0O ?>B@51=>ABL ;N1>3> G5;>25:0  GB>1K 53> 2>A?@8=8<0;8 :0: 459AB28B5;L=> ACI5AB2CNI53>. K B@0B8< <0AAC 2@5<5=8 =0 =5ACI5AB2CNI85 ?>B@51=>AB8. 0H0 65=0 <>65B ?@>A8BL 20A C1@0BL 2 4><5 ?> A0<K< @07=K< ?@8G8=0<. =0 <>65B 1KBL @07>7;5=0 8;8 @0AAB@>5=0 B5<, GB> 2A5 @01>BK ?> 4><C ;>60BAO =0 =55. =0 <>65B GC2AB2>20BL, GB> 55 C=860NB, 83=>@8@CNB, ?>402;ONB, >=0 <>65B 1KBL @074@065=0, 42868<0 =02O7G82>9 84559  8;8 >=0 <>65B ?@>AB> =C640BLAO 2 B><, GB>1K 59 ?><>3;8 C1@0BL 2 4><5. BACBAB285 A:@KBKE <>B82>2  2>B GB> 7=0<5=C5B 4CE. >B@51=>AB8 =5C25@5==>3> M3> =5 <0A:8@CNBAO @07=K<8 B0:B8:0<8. >340 2K 2<5AB5 A 4CE><, C 20A =5 2>7=8:05B =0AB>9G82>3> 65;0=8O <0=8?C;8@>20BL, ?CA:0BL 2 E>4 ;5ABL, A>1;07=OBL, B@51>20BL, C<0;OBL 8;8 =0AB0820BL. K ?@>AB> ?>72>;O5B5, 8 MB8< >A2>1>6405B5 ?@>AB@0=AB2> 4;O ?>B>:0 ;N128. 7=0G05B ;8 MB>, GB> 4CE>2=K9 G5;>25: 2A5340 >B@K205BAO >B B5;5287>@0 8;8 :=838 8 A?5H8B 70=OBLAO C1>@:>9 4><0? 5B. CE =8:>340 =5 845B ?> ?@>B>@5==><C ?CB8. > 20< 4>;6=> 1KBL 4>AB0B>G=> CA;KH0BL, GB> B>B, :>3> 2K ;N18B5, 2 20A =C6405BAO, GB>1K C4>2;5B2>@8BL 53> ?>B@51=>AB8. !CI5AB2CNB >?@545;5==K5 8=AB8=:BK, :>B>@K<8 A0<K< 5AB5AB25==K< >1@07>< @C:>2>4AB2C5BAO ;N1OI89 G5;>25:, :>340 >= A>?@8:0A05BAO A 4CE><: = =5 ?@>B828BAO. = AB028B GC2AB20 2KH5 @57C;LB0B0. = E>G5B ?><>GL. :070==0O CA;C30 C25;8G8205B >ICI5=85 @04>AB8. -B8 8=AB8=:BK @072820NBAO 8 7@5NB 3>40<8 1;03>40@O CABC?:0<. > 5A;8 2K 2>A:@5A8B5 2 ?0<OB8 ?5@56820=8O 2;N1;5==>AB8, 2K C2848B5, GB> MB> =5 B5 @50:F88, :>B>@K5 ?@8>1@5B0NBAO 2 @57C;LB0B5 >1CG5=8O. =8 2A5340 O2;ONBAO A>AB02;ONI59 G0ABLN ;N128. N1>2L 02B><0B8G5A:8 ?>4@07C<5205B >B:07 >B :>=D;8:B>2 8 1>@L1K, :>B>@CN 2545B M3>. @>AB> 2;N1;5==>AB8 =54>AB0B>G=> 4;O ?>;=>3> >A2>1>645=8O, ?>B><C GB> 1>@L10 =587156=> =0G8=05BAO >?OBL, => 2;N1;5==>ABL 405B ?> <5=LH59 <5@5 =5:>B>@>5 ?@54AB02;5=85 > CB8. >3CB 2;N1;5==K5 MB> AD>@<C;8@>20BL 8;8 =5B, => >=8 >B:@K20NB A;54CNI55: N1>2L =5 B@51C5B CA8;89. !0<><C A>AB>O=8N 1KB8O ?@8ACI0 A>1AB25==0O @04>ABL. A;8 2K 4>AB0B>G=> 2=8<0B5;L=K, 2A5 2>?@>AK A0<8 A>45@60B >B25BK =0 =8E. 87=L 157>?0A=0. !;54>20BL ?>B>:C 1KB8O  ?@>AB59H89 A?>A>1 68BL. !>?@>B82;5=85 =8:>340 =5 1K205B CA?5H=K<. #?@02;OBL ?>B>:>< 687=8 =52>7<>6=>. >340 G5;>25: MB> >A>7=05B, 5<C =5 =C6=> 1>@>BLAO. >@L10 @>6405BAO 87>;OF859 M3>, >=0 70:0=G8205BAO, :>340 2K =0E>48B5 CBL 8 =0G8=05B5 45;0BL CABC?:8 B>9 A8;5, :>B>@0O 2545B 20A ?> MB><C CB8. >@L10 <>65B :070BLAO 1>@L1>9 ?@>B82 4@C38E 8;8 ?@>B82 A51O, => =0 A0<>< 45;5 MB> 2A5340 1>@L10 ?@>B82 4E0@<K.  4E0@<5 =5 ACI5AB2C5B 1>@L1K. >A:>;L:C C =0A >4=8< 87 =081>;55 F5==KE :0G5AB2 G5;>25:0 AG8B05BAO 53> A?>A>1=>ABL 1>@>BLAO A ?@52@0B=>ABO<8 AC4L1K, 687=L 157 1>@L1K 2>>1I5 >:07K205BAO 70 ?@545;0<8 =0H53> A>2@5<5==>3> 2>A?@8OB8O <8@0. > 5A;8 8AE>48BL 87 ;N128, =8:0:>9 1>@L1K 1KBL =5 <>65B. 0: 65 ?@8<8@8BL MB8 420 ?@54AB02;5=8O? B25B =C6=> 8A:0BL 2 A2>1>4=>9 2>;5. N48 <>3CB 2K1@0BL ?@5:@0B8BL 1>@L1C 8 8AE>48BL 87 ;N128: B0:0O 5654=52=0O 2>7<>6=>ABL  :0: @07 B>, A G5< 2K AB0;:8205B5AL 2 A2>8E A5<59=KE >B=>H5=8OE. @0:  MB> 8A?KB0B5;L=K9 ?>;83>= 8 2 B> 65 2@5<O 75@:0;>. = 8A?KBK205B 20HC 3>B>2=>ABL ?>25@8BL 2 ;N1>2L :0: 2 @5H5=85 2>?@>A0. = >B@0605B C15645=8O, :>B>@K5 459AB28B5;L=> ;560B 2 >A=>25 2A5E =0H8E ?>ABC?:>2 8 :>B>@K5 5ABL ;81> 25@0 2 ;N1>2L, ;81> 25@0 2 =5-;N1>2L. >@L10 8 CABC?:8  420 ?>;NA0 A2>1>4=>9 2>;8. >A:>;L:C <K 25@8< 2 ;N1>2L :0:>5-B> 2@5<O, => 40;5:> =5 2A5340, <K >1@5G5=K ?@>2>48BL 687=L 2 :>=D;8:B0E, ?>:0 =5 =0945< ?CB8, :>B>@K9 ?><>65B =0< 871028BLAO >B MB>9 42>9AB25==>AB8. >B 2 G5< 206=>ABL 4E0@<K.  A;CG05 @0AB5=89 8 682>B=KE 4E0@<0 @01>B05B 02B><0B8G5A:8, 8< =5 ?@8E>48BAO A><=520BLAO 2 A515 8 B5@70BL A51O =5@07@5H8<K<8 2>?@>A0<8, C =8E =5B =8:0:>9 2>7<>6=>AB8 A25@=CBL A> A2>53> ?CB8. 0:>=K @>AB0 8 ?@028;0 ?>2545=8O  8E 2@>645==K5 :0G5AB20. "83@ =5 8A?KBK205B =8 C3@K75=89 A>25AB8 70 A2>N ?@8@>4C E8I=8:0, =8 A>GC2AB28O : A2>59 65@B25, @02=> :0: >= =5 <>65B AB0BL <8@=K< B@02>O4=K< 682>B=K< , 4065 5A;8 1K 8 70E>B5;. 'B>1K B83@ <>3 ?@52@0B8BLAO 2 682>B=>5 4@C3>3> B8?0, 87<5=5=8O 4>;6=K :>A=CBLAO 2A53> 2840 8 MB>B ?@>F5AA 709<5B <=>385 BKAOG5;5B8O. A;8 ?>;L7>20BLAO A>2@5<5==>9 =0CG=>9 B5@<8=>;>3859, @0725@BK20=85 35=5B8G5A:>3> :>40, :>B>@K9 45;05B 10=0=>2>5 45@52> >B;8G=K< >B B83@0, =0E>48BAO =0 B0:>< 3;C1>:>< C@>2=5 :;5B>G=>9 ?0<OB8, GB> B>;L:> A<5@BL <>65B 70AB028BL ;N1>5 B2>@5=85 ?@8@>4K >B:;>=8BLAO >B ?CB8, 70?@>3@0<<8@>20==>3> 2 53> . A;8 2>A?>;L7>20BLAO 4CE>2=>9 B5@<8=>;>3859, ;N1>5 B0:>5 A>740=85 >1;0405B 1>;55 <>I=>9 4E0@<>9, G5< ;N10O >B45;L=0O ;8G=>ABL, - MB0 4E0@<0 ?>445@68205B 687=L =0 CAB0=>2;5==>< ?CB8 4> B5E ?>@, ?>:0 40==K9 284 A?>A>15= =0E>48BL CA;>28O 4;O A2>53> 2K6820=8O. E0@<0 @01>B05B 8 =0 G5;>25:0, => ?@8 MB>< >=0 4>?CA:05B A2>1>4=CN 2>;N. 064K9 87 =0A 87 548=AB25==>9 >?;>4>B2>@5==>9 :;5B:8 ?@52@0B8;AO 2> 27@>A;>3> G5;>25:0, ?>4G8=OOAL A2>5<C C=8:0;L=><C 35=5B8G5A:><C :>4C. 0H8 35=K 70AB02;ONB =0A A;54>20BL 3@0D8:C, 70?8A0==><C 2 =0H8E :;5B:0E. 0H8 ?5@2K5 7C1K =5 ?5@5AB0=CB @0AB8 >BB>3>, GB> 20< 1>;L=> 8 2K ?;0G5B5, 20H5 M<>F8>=0;L=>5 >B=>H5=85 =5 <>65B =8 CA:>@8BL =8 7045@60BL ?>;>2CN 7@5;>ABL.  2A5 65 2 ?@545;0E MB>3> H01;>=0, CAB0=>2;5==>3> 4;O =0H53> 2840, <K >1;0405< >3@><=>9 A2>1>4>9 459AB2>20BL, 4C<0BL, GC2AB2>20BL. K <>65B5 45;0BL 2K1>@, :>B>@K5 >:07K205B 2;8O=85 =0 20H5 AG0ABL5, 40;5:> 70 ?@545;0<8 B>3>, GB> A2O70=> A 20H8< 2K6820=85<. ">B D0:B, GB> <K 8 ?@54>?@545;5=K 8 A2>1>4=K >4=>2@5<5==>, 70AB02;O; ;><0BL 3>;>2K =5 >4=> ?>:>;5=85. 54K CG0B, GB> ;N48 A?>A>1=K : ;8G=>9 M2>;NF88, 0 =5 B>;L:> : M2>;NF88 2840. # G5;>25:0, 42868<>3> 7;>ABLN, M3>87<><, =54>25@85< 8 @52=>ABLN, 2A5340 5ABL 2K1>@ 2ABC?8BL =0 ?CBL @0728B8O 8 4>AB8GL =>2>3> C@>2=O, 345 MB8 =87<5==K5 AB8<C;K 70<5=8B ;N1>2L, A>AB@040=85, 8A:@5==>ABL 8 C<5=85 ?@>I0BL. @C38<8 A;>20<8, 4CE >B:;8:05BAO =0 B>, :0:8< <K 53> 2848<, 8 G5< 2KH5 MB> =0H5 2845=85, B5< 1>;LH5 2K 1C45B5 M2>;NF8>=8@>20BL. K1>@ 20H59 A>1AB25==>9 4E0@<K ?>;=>ABLN >?@545;O5B, =0A:>;L:> AG0AB;82K<, CA?5H=K< 8 ;N1OI8< 1C45B5 2K =0 ?@>BO65=88 2A59 A2>59 687=8. A;8 >?8@0BLAO =0 AB0=40@BK =0H59 :C;LBC@K, B0:>5 CB25@645=85 :065BAO ?>@078B5;L=K<, ?>B><C GB> <K 25@8< 2 E0>B8G=>ABL, A;CG09=>ABL 8 =5?@54A:07C5<K5 2;8O=8O. K =5 25@8<, GB> 4CE 2A5340 >B:;8:05BAO =0 =0H5 2845=85. 4=0:>, :>340 2K 2ABC?05B5 =0 ?CBL, MB8 A;CG09=K5 M;5<5=BK >:07K20NBAO <0A:>9. ;O 4CE0 =5B =8G53> A;CG09=>3>  2A5, GB> ?@>8AE>48B 2>:@C3 20A, O2;O5BAO >B@065=85< 20H53> 4CE>2=>3> A>AB>O=8O 2 40==K9 <><5=B. A;8 2K 2 70<5H0B5;LAB25, 2>;=C5B5AL, A><=5205B5AL, 7=0G8B, A8;0 4E0@<K, @01>B0NI59 2 20H59 687=8, >3@0=8G5==0. K >B>@20=K >B 5AB5AB25==KE 70>=>2, :>B>@K5 4>;6=K ?>445@6820BL :064>3> G5;>25:0 >B @>645=8O 8 4> A0<>9 A<5@B8. 57 4E0@<K =5 <>65B 1KBL ;N128, ?>B><C GB> ;N1>2L  MB> G0ABL ?>445@6820NI59 A8;K 4E0@<K. 87=L, ?@>2545==0O 2 4E0@<5, 7=05B ;N1>2L 157 2AO:8E 3@0=8F. E0@<0  5420 C;>28<K9, 381:89, 25G=> <5=ONI89AO A>25BG8:, 2A5340 7=0NI89, :0:>9 A;54CNI89 H03 4>;6=K A45;0BL 8<5==> 2K, 0 =5 :B>-=81C4L 4@C3>9. >65B 2>7=8:=CBL 2>?@>A: 5A;8 ACI5AB2C5B C=825@A0;L=0O A8;0, :>B>@0O <>65B =0?@02;OBL <>N 687=L, ?>G5<C O C65 A59G0A =5 286C 8;8 =5 GC2AB2CN 55? -B> ?@>8AE>48B ?>B><C, GB> 4CE 70A;>=5= 2845=85< M3>. A;8 2 20H5< ?@54AB02;5=88 20H59 687=LN C?@02;O5B 20H0 >B45;L=0O, 87>;8@>20==0O ;8G=>ABL - 0 8<5==> B0: 2848B 687=L 1>;LH8=AB2> ;N459  =>2><C 2845=8N B@C4=> :>=:C@8@>20BL A B0:8< ?@54AB02;5=85<. N1>2L 8 M3> =5A>2<5AB8<K. #ABC?:8 4>;6=K =0G8=0BLAO A A0<KE =57=0G8B5;L=KE, A0<KE ;8G=KE ?@>8AH5AB289. =8 =0G8=0NBAO, :>340 2K 8 B>B, :>3> 2K ;N18B5, CG0BAO 1KBL 2<5AB5 157 2AO:>3> A>?@>B82;5=8O 8 AB@0E0. >340 420 G5;>25:0 @5H0NB @0AA<0B@820BL 687=L :0: ?CBL @0728B8O, 8E >B=>H5=8O AB0=>2OBAO 4E0@<8G5A:8<8. K 8 B>B, :>3> 2K ;N18B5, 2ABC?05B5 =0 ?CBL , :>B>@K5 =8:>340 =5 1K; B>G=> B0:8< 65 =8 4;O :>3> 4@C3>3>. 8 >48= 20H 274>E, =8 >4=0 <KA;L, =8 >4=> GC2AB2> =8:>340 =5 ACI5AB2>20;8 ?@5645, 8 =8:B> =8:>340 =5 C7=05B B>9 65 1;87>AB8, :0:CN 2K A>74048B5 242>5<. !CI5AB2C5B 15AG8A;5==>5 <=>65AB2> ?CB59  8E AB>;L:> 65 A:>;L:> ;N459 2 MB>< <8@5, - 8 =5A<>B@O =0 MB>, :064K9 87 =8E, ?>4>1=> =52848<>9 =0?@02;ONI59 =8B8, 4>;65= A>2?040BL A CB5<, 254CI8< : 4CEC.  (   :0: 65 O? 5;;0 8 $@M=: 4>H;8 4> B>3> A>AB>O=8O, :>340, :070;>AL, 2A5 2K7K205B A?>@K, => ?> :@09=59 <5@5 2 >4=>< >=8 AE>48;8AL: :064K9 87 =8E 70:;NG8; 1@0: A A0<K< M3>8AB8G=K< G5;>25:>< =0 A25B5. =8 AB0=>28;8AL =5?@527>945==K<8 <0AB5@0<8 A0@:07<0 8 AC<5;8 =0@0AB8BL 4>AB0B>G=> B>;ABCN H:C@C, GB>1K ;53G5 1K;> ?@8=8<0BL C40@K 4@C3 4@C30. < 5I5 A B@C4>< C4020;>AL A>E@0=OBL 2848<>ABL E>@>H8E >B=>H5=89 ?5@54 4@C38<8, => 1K20;8 4=8, :>340 548=AB25==K< >1I5=85< <564C =8<8 1K;0 :>@>B5=L:0O 70?8A:0 =0 >1545==>< AB>;5. K 2A5 5I5 A?8< 2 >4=>9 ?>AB5;8, - 3>2>@8;0 5;;0.  # =0A 1K20NB E>@>H85 4=8 8 4065 =545;8, => ?> :0:>9-B> =5?>=OB=>9 ?@8G8=5 <K =82 G5< =5 <>65< A>3;0A8BLAO 4@C3 A 4@C3><. 0:>==8:8, - 70:;NG0;8 =5:>B>@K5 87 4@C759, =5 7=0O, GB> : MB><C 4>1028BL. 5;;0 2AB@5B8;0 $@M=:0 2>A5<L ;5B =0704, :>340 70:0=G820;0 N@848G5A:CN H:>;C. = 25; :C@A AC451=>9 ?@0:B8:8. E ?CBL : 1@0:C =5 1K; 3;04:8<  MB> A:>@55 1K;> ?>E>65 =0 >AB>@>6=>5 CE06820=85 42CE 5659  8 =8:B> =5 ?@8=>A8; 8728=5=89 70 A8;L=K5 ?@>O2;5=8O A2>59 ;8G=>AB8. 064K9 7=0;, G53> >= E>G5B, 8 =8:>340 =5 ?>72>;O; A515 >1860BL 4@C3>3>. > :>340 4>1@>4CH=>5 ?>4HCG820=85 A<5=8;>AL ?@5@5:0=8O<8, 0 ?>B>< >=8 =0G0;8 =0=>A8BL 4@C3 4@C3C C40@K, AB0;> B@C4=> >?@545;8BL, :B> 65 87 =8E 2 MB>< 28=>20B. - 0: <K B>;L:> =8 AB0@0;8AL, - 3>2>@8;0 5;;0.  ! A0<>3> =0G0;0 <K 4C<0;8, GB> =0H 1@0:  C40G=K9 2K1>@. =>385 2>?@>AK <K >1AC48;8 70@0=55. 0?@8<5@, $@M=: A>3;0A8;AO A B5<, GB>1K C <5=O 1K; A2>9 A>1AB25==K9 AG5B 2 10=:5. K 2A5340 4020;8 4@C3 4@C3C ?>4@>1=K9 >BG5B >1> 2A5E A2>8E @0AE>40E, B0: GB> 45;8;8 8E 2A5340 A?@0254;82>. >-<>5<C, MB> ;CGH5, G5< 5A;8 65=I8=0 E>G5B 8<5BL A>1AB25==K5 45=L38, => 2 B> 65 2@5<O 70AB02;O5B <C60 70 2A5 ?;0B8BL. -B> 1K; >48= 87 ?5@2KE 0A?5:B>2 A>2<5AB=>9 687=8, 345 AB0;0 70<5B=0 B@5I8=0, :>B>@0O O28;0AL @57C;LB0B>< B>3>, GB> >=8 ?@>8AE>48;8 87 A>25@H5==> @07=KE :@C3>2. 5;;0 @>48;0AL 2 A5<L5 ?@5CA?520NI8E N@8AB>2 2 ?@>28=F80;L=>< 3>@>45 HB0B0 >4-9;5=4. $@M=: @>A 2 154=KE :20@B0;0E @>2845=A0, @01>B0O 2 N25;8@=>< <03078=5 A2>53> >BF0, GB>1K >?;0G820BL A2>N CG51C. - 5@20O =0H0 ABKG:0 ?@>87>H;0 A@07C ?>A;5 B>3>, :0: <K @5H8;8 >1@CG8BLAO, - @0AA:07K20;0 5;;0.  / E>B5;0, GB>1K <>O A5<LO ?5@2>9 C7=0;0 >1 MB>9 =>2>AB8, 0 $@M=:0 MB>, :070;>AL, 2>>1I5 =5 2>;=>20;>. K 4>3>2>@8;8AL C5E0BL =0 25AL 4;8==K9 C8:-5=4. A5 C65 1K;> C;>65=>, 8 O 4>AB0;0 D>B>3@0D8N A2>8E @>48B5;59, GB>1K ?>:070BL 55 $@M=:C. = ?@8H5; 2 A8;L=>5 2>71C645=85 8 >B:070;AO 5E0BL. ;O <5=O MB> 1K;0 =5 D>B>3@0D8O 55 @>48B5;59, - >1JOA=8; $@M=:.  / C2845; 15=B;8, 0 70 =8< 42CEMB06=K9 :8@?8G=K9 >A>1=O:. B5F 5;;K AB>O; ?5@54 =8<, :0: <>=0@E, >1>7@520NI89 A2>8 2;045=8O. / ?>4C<0;, GB>, <>65B 1KBL, 59 8 =5 =C65= 4@C3>9 <C6G8=0, :>B>@K9 1C45B > =59 701>B8BAO. ">B, :>B>@K9 C =55 1K;, 2K3;O45; 25AL<0 CAB@0H0NI5.  A5<L5 $@M=:0 AG8B0;>AL 5AB5AB25==K<, GB> 65=I8=0 =0455BAO 8<5BL <C6G8=C, :>B>@K9 1C45B > =59 701>B8BLAO.  @>4C 5;;K C65 1K;> =5A:>;L:> ?>:>;5=89 D8=0=A>2> =57028A8<KE 65=I8=. "@5I8=0 <564C B2>8 45=L38 8 <>8 45=L38 C3;C1;O;0AL, =5A<>B@O =0 8E BI0B5;L=> ?@>4C<0==CN >@30=870F8N 10=:>2A:8E AG5B>2. 7 2A5E 8E 7=0:><KE <=5 1K;> >A>15==> 1>;L=> =01;N40BL, :0: C25;8G820NBAO B@5I8=K <564C =8<8. K;8 8 4@C385 ?>2>4K: $@M=: 8 5;;0 ?@845@6820;8AL B25@4KE A>1AB25==KE C15645=89 >B=>A8B5;L=> ?>;8B8:8, :>B>@K5 >=8 >BAB0820;8 >G5=L 3@><:>, 4065 2>8=AB25==>. $@M=: 5; <OA>, 5;;0 1K;0 2535B0@80=:>9. 5;;0 E>B5;0 >B:;04K20BL 45=L38, GB>1K :>340 8E 45B8 ?>4@0ABCB, >B?@028BL 8E CG8BLAO 2 >=B5AA>@8; $@M=: AG8B0;, GB> 15A?;0B=>9 A@54=59 H:>;K 1C45B 2?>;=5 4>AB0B>G=>. '5< >=0 1K;0 =5E>@>H0 4;O =53> A0<>3>? ?@545;5=8O 70:>==8:8 1K;> =54>AB0B>G=>, GB>1K >1JOA=8BL B>, GB> <564C =8<8 ?@>8AE>48;>. =5 :070;>AL, GB>, E>BO >=8 8 >G5=L @07=K5, C 5;;K 8 $@M=:0 1K;> >48=0:>2>5 >B=>H5=85 : <8@C, :>B>@>5 @0A:@K20;>AL 2 60;>1=>9 D@075:  :0: 65 O?. =8 ;N18;8 4@C3 4@C30, => 8E ;N1>2L =5 <>3;0 A>ABO70BLAO A B5<,GB> O =07K20N 2>72@0I5=85< M3>. 3> 2>72@0I5=85 ?>4@K205B A0<CN >A=>2C 27OBKE =0 A51O >1O70B5;LAB2. A:>@5 ?>A;5 >:>=G0=8O <54>2>3> <5AOF0 420 G5;>25:0 >1=0@C6820NB, GB> >=8 2>2A5 =5 >4=>. >A:>;L:C MB> 873=0=85 87 @0O =587156=> 2K=>A8B =0 ?>25@E=>ABL 2A5 @07=>3;0A8O, 1>;LH8=AB2> ?0@ 682> ?><=OB A2>N ?5@2CN :@C?=CN ABKG:C. 5?>A@54AB25==0O ?@8G8=0, 2K7202H0O MBC ABKG:C, <>65B 1KBL A>2A5< =57=0G85;L=>9. 'B> 745AL 459AB28B5;L=> ?>AB02;5=> =0 :0@BC  MB> 2>72@0I5=85 M3>. !N40 2>2;5:05BAO F5;K9 :><?;5:A ?@>1;5< !CI5AB2C5B A><=5=85 2 B><, B>B ;8 MB> G5;>25:, :>B>@K9 20< =C65=. 1KG=> MB> A><=5=85 :065BAO =5@07C<=K<, => 2 B@C8:JN^. @ D    '**6J;DEEPMjVVVVzŸПԟV06 jU 56CJU6CJ6CJ5CJ CJ 6CJ] CJ,mH sH CJ,68:JLN^` ^`:<2 4 X ! !%%<&$7`7a$$a$$a$$a$<&&&R''''v)**26J;>DDEEPMRfVhVjVVV$a$$7`7a$$7^7a$$a$$a$$7`7a$VVVZ[r`cfillnrx֊pZ\2$ & F7^`7a$$7`7a$$7`7a$4=K5 <8=CBK ?>O2;O5BAO AB@0E  >A>15==> :>340 20< AB0=>28BAO OA=>, GB> B>B, :>3> 2K ;N18B5, =5 2A5340 GC2AB28B5;5= : 20H8< =C640< 5=I8=0 =0G8=05B A><=520BLAO 2 B><, GB> > =59 701>BOBAO 8 ?@8A;CH820NBAO : =59; <C6G8=C G0AB> >E20BK205B 3=52, GB> 53> =5 ?>445@6820NB. 4=0:> MB8 @50:F88 M3> =5 2?>;=5 G5AB=K5. @>1;5<K, ;560I85 ?>4 =8<8, 3>@074> 3;C165: <>3C O B515 4>25@OBL? 5 1C45HL ;8 BK ?@8G8=OBL <=5 1>;L, 5A;8 AB0=5HL 1;865? >G5<C BK =5 C15@53 <5=O >B GC2AB20 >48=>G5AB20 8 AB@0E0? >4 BK B0: =52=8<0B5;5= ?>4@07C<5205BAO ?>G5<C BK =5 <>65HL <=5 ?><>GL?. 5;;0 8 $@M=: 70AB@O;8 8<5==> =0 MB><, GB> 45;0;> ?@>3@5AA 2 2K?>;=5=88 8E >1O70B5;LAB2 4@C3 ?> >B=>H5=8N : 4@C3C =52>7<>6=K<. >340 >=8 ?@>H;>9 25A=>9 ?@>E>48;8 :C@A <548B0F88, <K A<>3;8 >1AC48BL A =8<8 8E A8BC0F8N. - / E>GC 20< :>5-GB> ?@54;>68BL, - A:070; O 8<, - E>BO MB> 8 <>65B 2K720BL 20H5 2>7<CI5=85. 45@68<K5 A>?5@=8G5AB2><, 5;;0 8 $@M=: A@07C =02>AB@8;8 CH8, >6840O 2K7>20. - / ?@54;030N, GB>1K :064K9 87 20A, - ?@>4>;60; O, - 27O; A515 4CE>2=>3> CG8B5;O, 3C@C. @8 2>7=8:=>25=88 ;N1>3> A?>@0 <C4@K9 CG8B5;L A<>65B 40BL 20< 4CE>2=K9 A>25B. >340 2K @074@065=K 8;8 8A?C30=K, 2K =5 <>65B5 0=0;878@>20BL, GB> A 20<8 ?@>8AE>48B. >;LH5 2A53> 2K =C6405B5AL 2 8AB>G=8:5 A>AB@040=8O 8 4>25@8O 2 :><-B>, :B> 1C45B ?@8=8<0BL 20A =0 A0<>< 3;C1>:>< C@>2=5. $@M=: CB 65 2KA:070; A2>8 A><=5=8O: - 5 7=0N. 0 A0<>< 45;5, <=5 =5 B0: C6 =@02OBAO 2A5 MB8 ?@54AB02;5=8O >1 CG8B5;5 8 CG5=8:5. - / =5 C25@5=0, GB> MB> <=5 ?>4E>48B, - A:070;0 5;;0, - => 2 B><, GB> 2K ?@54;0305B5, O =5 286C =8G53> 2>7<CB8B5;L=>3>. B> <>3 1K 1KBL =0H8< 3C@C? - 064K9 87 20A, - >B25B8; O. =8 A@07C >6828;8AL. >5 ?@54;>65=85, :0: O 8 ?@54?>;030;. K720;> 2>7<CI5=85.  -B> >48= 87 20@80=B>2, - 70<5B8; O, - 8 5A;8 2K ?>4C<05B5 =04 MB8<, 2K =5A><=5==>, A<>65B5 53> >F5=8BL. K ;N18B5 4@C3 4@C30, 0 :B> 7=05B A;01K5 <5AB0 :064>3> 87 20A ;CGH5, G5< 53> ?0@B=5@? >7<>6=>AB8 4;O A>AB@040=8O 15A:>=5G=K. $@M=: 8740; =5@2=K9 A<5H>:, 5;;0 >B25@=C;0AL. - / =5 ?@>;8; A25B =0 B>, GB> <CG8B 20A 2 20H8E =K=5H=8E 2708<>>B=>H5=8OE, - ?@>4>;60; O 1>;55 A5@L57=>.  064><C 87 20A :065BAO, GB> 53> =54>>F5=820NB, 8 2K ?5@5=>A8B5 A2>5 =54>2>;LAB2> 4@C3 =0 4@C30, GB> :@09=5 70B@C4=O5B ?A8E>;>38G5A:>5 ?5@5<5I5=85 =0 1>;55 A2>1>4=>5 ?@>AB@0=AB2>. K >:070;8AL ?>9<0==K<8 2 ;>2CH:C A2>8E @5D;5:A82=KE @50:F89 4@C3 =0 4@C30. K@065=85 A2>53> @074@065=8O 2K ?@52@0B8;8 2 @8BC0;, : B><C 65 C?@O<AB2> 70AB02;O5B 20A =0AB0820BL =0 A2>59 ?@02>B5 4065 B>340, :>340 20< A>2A5< =5 E>G5BAO MB>3> 45;0BL. -  B5?5@L 40209B5 ?>A<>B@8<, 459AB28B5;L=> ;8 4@C3>9 ?@8=C6405B 20A ?>ABC?0BL B0:8< >1@07><. K >10 ?@8=8<05B5 MB>B 1@0: :0: 1>@L1C, A>@52=>20=85, 8=>340 :0: >B:@KBCN 2>9=C. / GC2AB2CN, GB> MB0 1>@L10 20< >1>8< 4>AB02;O5B =5:>B>@>5 C4>2>;LAB285, => 2 B> 65 2@5<O >=0 ?>;=>ABLN >1@5G5=0 =0 ?@>20;. A;8 2K >45@68B5 ?>154C 2 =51>;LH8E ?>2A54=52=KE 18B20E 8;8 4065 2> 2A59 2>9=5 2 F5;><, MB> =5 ?@8=5A5B 20< =8 ;N128 =8 ?@87=0=8O.  B0:8E CA;>28OE =5 <>65B @>48BLAO 7@5;0O ;N1>2L. =0 <>65B 2>7=8:=CBL B>;L:> B>340, :>340 2K AC<55B5 =09B8 A?>A>1 8=0G5 >@30=87>20BL A2>9 1@0:. CABL 20H ?0@B=5@ 1C45B 20H8< CG8B5;5<. - K >10 E>B8< ;N18BL 4@C3 4@C30, - 2>7@078;0 5;;0.  / E>GC A:070BL, <K ;N18< 4@C3 4@C30, => <K =5 2A5340 C<55< MB> ?>:070BL. - / =5 7=0N, GB> 2K ?>=8<05B5 ?>4 A;>2>< ;N1>2L, - >B25B8; O , - => =5 O2;O5BAO ;8 >=0 A8=>=8<>< B0:8E ?>=OB89, :0: ?@8OB85, ?>=8<0=85 8 ?@87=0=85? N18BL 4@C3>3>  7=0G8B =5 A>?@>B82;OBLAO 53> 65;0=8O<  2>B ?5@2>5, G5<C 2K 4>;6=K =0CG8BL 4@C3 4@C30. / >1JOA=8; 8< 4@52=55 ?>=OB85 C?03C@C, GB> =0 A0=A:@8B5 >7=0G05B CG8B5;L, :>B>@K9 @O4><.  >B;8G85 >B 3C@C, ?@>A25B;5==>3> <C4@5F0, 20H8< C?03C@C <>65B 1KBL :B> C3>4=>  =C6=> B>;L:> >A>7=0BL, GB> ;N1>9 G5;>25: 2 :064K9 40==K9 <><5=B <>65B ?@54;>68BL =0< 8<5==> B>, G5<C E>G5B =0CG8BL =0A 4CE. >340 <><5=B ?@>H5; 8 2K A<>3;8 ?@>=8:=CBL 2 ACI=>ABL 2>?@>A0, C?03C@C >?OBL 2>72@0I05BAO : A2>59 @>;8 4@C30, AC?@C30 8;8 =57=0:><F0. - K E>B8B5 A:070BL, - =54>25@G82> A?@>A8; $@M=:, - GB> O 4>;65= 45;0BL 2A5, GB> >=0 E>G5B, =5 704020O =8:0:8E 2>?@>A>2? 5GL 845B > ?>;=>< ?>A;CH0=88? - 5 2>;=C9AO $@M=:, - @57:> ?@5@20;0 53> 5;;0, - ?@5645 G5< :><C-B> ?>28=>20BLAO, BK 4>;65= 1C45HL 2KA;CH0BL, GB> >= 3>2>@8B. / 7025@8; 8E, GB> O 2>2A5 =5 8<5; 2 284C ?>28=>25=85 2>;5 4@C3>3> G5;>25:0. - #G8B5;L 459AB2C5B 8AE>4O 87 ;N128, - A:070; O, - => MB0 ;N1>2L =>A8B 4@C3>9 >BB5=>:, G5< B0, :>B>@CN 1>;LH8=AB2C 87 =0A ?@8E>48;>AL 8A?KBK20BL. #G8B5;L =5 ?@87=05B @0AAB>O=8O <564C O 8 BK. 0?>;=8BL MB> @0AAB>O=85  2>B GB> >= <>65B A45;0BL, ?>B><C GB> =0 A0<>< 45;5 =8:0:>3> @0AAB>O=8O =5 ACI5AB2C5B. 0AAB>O=85  MB> ?@>AB> 2848<>ABL, => >=0 B5< 1>;55 @07@CH8B5;L=0, :>340 ;N48 25@OB 2 =55 B0: A8;L=>, :0: MB> 45;05B5 2K. 5;; 8 $@M=: 1K;8 3>@074> 1>;55 A>25@H5==K<8 ;N4L<8, G5< O 8E 87>1@078;, 8 B>, GB> O 3>2>@8;, A>2?040;> A 8E ;8G=K< >?KB><. -B> 1K; 1@0:, 2 :>B>@>< >=8 <>3;8 =0CG8BLAO 4@C3 C 4@C30 >A>7=0=8N 8 B><C, :0: ?>-=0AB>OI5<C 2K?>;=OBL A2>8 >1O70B5;LAB20. 10 ?0@B=5@0 8A:@5==5 25@8;8 2 @025=AB2> 8 A?@0254;82>ABL. $@M=: 2845;, :0: 53> ?0AA82=0O <0BL ?@52@0B8;0AL 2 4><0H=53> @010, :0: >= A 3>@5GLN =07K20; 55 ?@> A51O, >= =5 GC2AB2>20; 70I8BK A> AB>@>=K >BF0, :>B>@K9 1K20; B> >G5=L =565=, B> A:;>=5= :> 2AO:8< :>=D;8:B0<. >MB><C >= 1K; AG0AB;82, GB> 5<C 2AB@5B8;0AL A8;L=0O 65=I8=0.  A>7=0=88 5;;K B0:65 68;8 420 ?@>G=KE >1@070 87 ?@>H;>3>, :>B>@K5 59 =C6=> 1K;> ?@5>4>;5BL: A?5F80;8ABK A2>53> 45;0, 55 ;815@0;L=K5 @>48B5;8 ?>A2OI0;8 A51O B0:><C <=>65AB2C E>@>H8E 45;, GB> 5;;0 <=>3> 25G5@>2 ?@>2>48;0 >4=0, A><=520OAL, 4>AB0B>G=0 ;8 >=0 E>@>H0, GB>1K 70A;C6820BL 8E 2=8<0=8O. >MB><C 4;O =55 B5?5@L 1K;> :@09=5 206=> ?>;CG0BL 2=8<0=85, => >=0 B0:65 A>7=020;0, GB> 1;87>ABL >682;O5B 55 AB0@K5 M<>F8>=0;L=K5 @0=K. A5 MB> 5;;0 8 $@M=: 4@C3 > 4@C35 E>@>H> 7=0;8  >=8 =0G0;8 A B>9 G5AB=>AB8, :>B>@0O 45;0;0 8E 1@0: G5<-B> 1>;LH8<, G5< >1KG=K9 A>N7 42CE ?@>94>E-042>:0B>2, 1573@0=8G=K9 M3>87< :>B>@KE =5 <>65B A?>A>1AB2>20BL CAB0=>2;5=8N E>@>H8E >B=>H5=89. =8 2A5-B0:8 =5 A>3;0A8;8AL A <>8< 2>7<CB8B5;L=K< ?@54;>65=85<, => >15I0;8 8<5BL 53> 2 284C. / ?@54;>68;, GB>1K >=8, ?@5645 G5< =0G0BL @0AA<0B@820BL 4@C3 4@C30 :0: A2>8E 4CE>2=KE CG8B5;59, ?>?KB0;8AL ?@>83@0BL MB8 =>2K5 A2>8 @>;8 <KA;5==>. =8 ?>?@>A8;8 <5=O >1JOA=8BL GB> O ?>4 MB8< ?>4@07C<520N. - 0: B>;L:> 2K ?>GC2AB2C5B5 2 A515 @50:F8N >AC645=8O, =5?@8OB8O 8;8 A>?@>B82;5=8O, ?>AB0@09B5AL ?@54AB028BL A515 ?@>B82>?>;>6=>5, - A:070; O.  <5AB> B>3>, GB>1K 2845BL 2 A2>5< ?0@B=5@5 A>?5@=8:0, ?>AB0@09B5AL C2845BL 53> ?>;=>ABLN AB>OI8< =0 20H59 AB>@>=5. 5 D>:CA8@C9B5 2=8<0=85 =0 B><, GB> A45;0; >= (8;8 >=0) B0:>3>, GB> 20A @074@0605B, - >B=5A8B5AL : MB><C :0: : 0:BC G8AB>9 ;N128, =8A?>A;0==><C 20< 4;O B>3>, GB>1K ?@5?>4=5AB8 A>25@H5==K9 C@>:, 2 :>B>@>< 2K =C6405B5AL 8<5==> 2 MB>B <><5=B. -B> =5 83@0 2>>1@065=8O 8 =5 B@N:: =0 C@>2=5 4CE0 B>B, :>3> 2K ;N18B5, 459AB2C5B B>;L:> 8AE>4O 87 ;N128, 2 3;C18=5 4CH8 65;0O 20< B>;L:> 4>1@0.  MB>< GB>-B> 5ABL, - A:070; $@M=: A45@60==>. 5;;0 ?@8:CA8;0 3C1C, 704C<02H8AL =04 B0:>9 2>7<>6=>ABLN, :>B>@0O 459AB28B5;L=> <>65B >:070BLAO 2KE>4>< 87 A>7402H53>AO ?>;>65=8O. - !>?@>B82;5=85 ?>4>1=> AB5=5, A45@6820NI59 ?>B>: ;N128, - A:070; O.  N1>2L  MB> 2>;=0, :>B>@0O =5A5B ?@>I5=85, 4>1@>BC 8 4>25@85 >B A0<>3> 4CE0. K =5 <>65B5 2A53> MB>3> A>740BL A0<8. K <>65B5 B>;L:> =0AB@>8BLAO =0 =8E, 2>B ?>G5<C 20< =C6=> ?@52@0B8BL A2>8 5654=52=K5 18B2K 2 1;03>?@8OB=K5 2>7<>6=>AB8 4;O 4CE0. 064>5 <3=>25=85 >B:@KB> 15A:>=5G=>AB8. "0: <>6=> ;8 ?>72>;8BL A515 CA:>;L7=CBL >B =53>? @5645 2A53> 8 1>;LH5 2A53> MB> :0A05BAO 2845=8O 4@C3 4@C30 2 =>2>< A25B5. / =5 ?@>HC 20A 1KBL 2A5F5;> 2 @0A?>@O65=88 4@C3 4@C30 8;8 >B:07K20BLAO >B A>1AB25==KE =C64. @>AB> =C6=> =5 871530BL 4@C3 4@C30. ! 4@C3>9 AB>@>=K, ?@>5F8@>20=85 28=K 4>;6=> C9B8: =5B =8:0:8E ?@8G8=, :@><5 20H53> A>1AB25==>3> 2>A?@8OB8O, 70AB02;OBL 4@C3>3> GC2AB2>20BL A51O 28=>20BK<. 2CG8B E>@>H>, => G53> <K MB8< 4>AB83=5<?  A?@>A8;0 5;;0. K ?@5:@0B8B5 ?8B0BL <>=AB@0, - A:070; O.  "> 2=CB@5==55 ACI5AB2>, :>B>@>5 70AB02;O5B 20A 2>A:;8F0BL  :0: 65 O?, MB> A2>53> @>40 <>=AB@, 8A:065==>5 @07@0AB0=85 20H53> M3>. / ?@54;>68; 8< 70:@KBL 3;070 8 ?@54AB028BL MB>3> <>=AB@0 2> 2A5E ?>4@>1=>ABOE. = >:070;AO 157>1@07=K<, ?>:@KBK< G5HC59 A 3>;>2K 4> ?OB, ?>4>1=> @5?B8;88, 8 B25@4K<, :0: :0<5=L. 0 A?8=5 C =53> 1K; @>3, :>B>@K9 O =0720; :>ABLN @074>@0. 8F> 53> 2A5 2@5<O 2K@060;> ?@57@5=85, 8 548=AB25==K< A;>2><, :>B>@>5 5<C C4020;>AL ?@>87=5AB8, 1K;> 5B!, :>B>@>5 >= C3@>60NI5 2K:@8:820; 3@><:8< 3>;>A><. <O MB>3> 682>B=>3>  A>?@>B82;5=85, - A:070; O.  "5?5@L ?>?KB09B5AL 2A?><=8BL ?>A;54=NN A8BC0F8N, :>340 2K =8:0: =5 E>B5;8 A>3;0H0BLAO A 65;0=85< A2>53> ?0@B=5@0. 848B5, :0: MB>B <>=AB@ 2KABC?05B 2?5@54, GB>1K 70I8B8BL 20A, 2>74283=C2 AB5=C 87 2>7@065=89, BKAOG8 ?@8G8=, ?> :>B>@K< 2K ?@02K, 0 20H ?0@B=5@ >H8105BAO, C60A0NI59 45<>=AB@0F88 8A?5?5;ONI8E 2>7@065=89.  B5?5@L A:068B5, GB> 2K GC2AB2C5B5, :>340 B0:>5 A;CG05BAO? "O65ABLN ;>ABL. 5H5=AB2>.  A:070; $@M=:. 5C25@5==>ABL. CAB>BC. 48=>G5AB2>.  A:070;0 5;;0. / >1JOA=8; 8<, GB> 8 B> 8 4@C3>5  @07=K5 A;>8 >4=>9 8 B>9 65 @50:F88. 0 ?>25@E=>AB8 <>=AB@ A>?@>B82;5=8O 2K@0605B 7;>ABL 8 BO65ABL, => MB> B>;L:> 4;O B>3>, GB>1K 70I8B8BLAO >B =5C25@5==>AB8 8 >48=>G5AB20, :>B>@K5 A:@K20NBAO ?>4 =8<8. A;8 2K A=8<5B5 2A5 MB8 A;>8, 2K >1=0@C68B5, GB> A>?@>B82;5=85 2 459AB28B5;L=>AB8 @>6405B AB@0E, 0 AB@0E 8AE>48B 87 3;C1>:8E @0=, ?>;CG5==KE 2 ?@>H;><.  B5?5@L ?>?@>A8B5 20H53> <>=AB@0 A=OBL A2>9 CAB@0H0NI89 :>ABN< 8 ?>:070BLAO B0:8<. 0:>2 >= 5ABL =0 A0<>< 45;5. 'B> 2K 2848B5?  A?@>A8; O. $@M5=:, 15A?>:>9=> ?>5@702 =0 ABC;5, >B25B8;, GB> >= =8G53> =5 2848B. 5;;0 ?>A;5 <8=CB=>3> <>;G0=8O A:070;0: / 286C <0;5=L:CN 452>G:C. 0 =5B =8:0:>9 >4564K. =0 2K3;O48B 8A?C30==>9. 0< MB> > G5<-=81C4L 3>2>@8B?  A?@>A8; O. / =5 C25@5=0, - >B25B8;0 5;;0, 70?8=0OAL. K >1@0B8;8 2=8<0=85 =0 55 @C:8?- ?>?KB0;AO O ?>4A:070BL 59. =0 ?@>BO38205B 8E :> <=5. =0 E>G5B, GB>1K O 27O;0 55 =0 @C:8, - B8E> A:070;0 5;;0, ?>GC2AB2>202 2>;=5=85. =0 E>G5B, GB>1K 2K 55 ;N18;8, =5 B0: ;8?  A?@>A8; O. 5;;0 :82=C;0.  GB> 2K A:065B5?  >1@0B8;AO O : $@M=:C. / ?> ACB8 286C B> 65 A0<>5, => <=5 B@C4=55 3>2>@8BL >1 MB><, - ?@>87=5A >= E@8?;K< 3>;>A>< ?>A;5 <8=CB=>3> :>;510=8O. / ?>?@>A8; 8E >B:@KBL 3;070. !B>8B 20< 703;O=CBL 70 3@>7=CN 2=5H=>ABL, 8 2A5 2=CB@5==85 <>=AB@K >:07K20NBAO A;01K<8, 8A?C30==K<8 8 >48=>:8<8. >340-B> >G5=L 402=> 2K >B25@3;8 MBC A2>N G0ABL, ?>MB><C >=0 O2;O5BAO : 20< 2 2845 20H53> A>1AB25==>3> @515=:0, :>B>@K9 >?OBL E>G5B 1KBL A 20<8.  B5?5@L A?@>A8B5 A51O, ?>G5<C = >15@=C;AO <>=AB@><? CGH0O 70I8B0  =0?045=85, - A:070; $@M=:. >B 8<5==>. A;8 2K GC2AB2C5B5 A51O A;01K< 8 8A?C30==K<, ?>A;54=55, G53> 20< E>G5BAO, - GB>1K :B>-B> 4@C3>9 MB> 70<5B8;. >MB><C 2K =045205B5 <0A:C.  MB>< A;CG05 <0A:>9 A;C68B A;>2> =5B, :>B>@>5 A:@K205B , :0: A8;L=> 20< E>G5BAO, GB>1K 20A ;N18;8 8 ?>=8<0;8. -B> =5B 2 70<0A:8@>20==>< 2845 >7=0G05B N18 <5=O. >B ?>G5<C, <=5 :065BAO, 2K >10 B0: A28@5?> A>?@>B82;O5B5AL 4@C3 4@C3C. 0H5 =0?045=85 =0?@02;5=> ?@>B82 G5;>25:0, > :>B>@>3> =0 A0<>< 45;5 2K 645B5, GB>1K >= 20A ;N18;. "5?5@L >=8 >10 A845;8 >G5=L B8E>. #?@06=5=85 A 2=CB@5==8< <>=AB@>< ?>:070;> 5;;5 8 $@M=:C 3>@074> 1>;LH5, G5< >=8 >6840;8 C2845BL. / =5 64C, GB> 2K 70:;NG8B5 <8@ 745AL 8 A59G0A, - A:070; O.  5;L7O >4=8< 42865=85< ?5@5G5@:=CBL 3>4K >184. > <=5 E>B5;>AL 1K, GB>1K 2K >10 <KA;5==> : B><C 2@5<5=8, :>340 2A5 MB> B>;L:> =0G8=0;>AL. K ;N18;8 4@C3 4@C30, 548=AB25==>5, > G5< 2K <>3;8 4C<0BL, - :>340 2K >?OBL 1C45B5 2<5AB5. 5@5=5A8B5AL 2 MB> 2@5<O 8 A:068B5, 8A?KBK205B5 ;8 2K A>?@>B82;5=85 MB><C? 10 >B@8F0B5;L=> ?>:0G0;8 3>;>2>9, =5 ?@>87=5AO =8 A;>20. >65B ;8 :064K9 87 20A ?@825AB8 <=5 ?@8<5@ ?>ABC?:0, :>B>@K9 A;C68; 1K 4>:070B5;LAB2><, GB> 4@C3>9 53> ;N18B?  A?@>A8; O. 5;;0 @5H8;0AL ?5@20O: K B>340 5I5 =5 1K;8 >1@CG5=K. $@M=: A>25@H8; 4>;389 ?5@5;5B 87 2@>?K 4><>9. 8;5BK =0 ?CB5H5AB285 2 2@>?C 1K;8 :C?;5=K 5I5 4> B>3>, :0: >= 2AB@5B8; <5=O, 8 : <><5=BC >BJ5740 >= A>2A5< =5 E>B5; =8:C40 ;5B5BL. > =0 18;5BK 1K;> ?>B@0G5=> <=>3> 45=53, 8 $@M=: C5E0;. K =5 <>3;8 4>640BLAO, :>340 >?OBL 1C45< 2<5AB5, 8 2 B>B <><5=B, :>340 >= AE>48; A A0<>;5B0 2 =LN-9>@:A:>< 0M@>?>@BC, <5=O ?5@5?>;=O;8 <KA;8 > B><, GB> <=5 E>G5BAO A45;0BL  ?>9B8 2 B50B@, ?>C68=0BL 2 =0H5< @5AB>@0=5  2A5, GB> O >B:;04K20;0 4> 53> 2>72@0I5=8O. = 2K3;O45; B0:8< AG0AB;82K<, GB> 2845; <5=O >?OBL, GB> <=5 4065 =5 ?@8H;> 2 3>;>2C, GB> >= >G5=L CAB0;. K 27O;8 B0:A8 8 >B?@028;8AL ?@O<> =0 4=52=>9 A?5:B0:;L, :>B>@K9 <=5 4> A<5@B8 E>B5;>AL ?>A<>B@5BL. > =0 ?>;?CB8 O 24@C3 CA;KH0;0 B8E89 A:@8?CG89 72C:  >= <8@=> ?>E@0?K20;, F5;8:>< C94O 2 A2>9 A>=.  O ?>=O;0, GB> >= ?>5E0; A> <=>9, =5 4C<0O > B><, =0A:>;L:> >= CAB0;, 2>>1I5 =5 4C<0O =8 > G5< =0 A25B5.  GB> A45;0;8 2K?  <3=>25=L5 >:0 O >B257;0 53> >1@0B=> 2 =0H >B5;L, - A:070;0 5;;0, C;K10OAL.  =, =5 @074520OAL, A20;8;AO =0 :@>20BL 8 ?@>A?0; 45AOBL G0A>2 ?>4@O4. ">, GB> 2K A59G0A >?8A0;8, 8 5ABL CABC?:0, - A:070; O.  $@M=: ?@5=51@53 B5<, GB> 5<C 1K;> =C6=> 2 40==K9 <><5=B, ?>B><C GB> E>B5;, GB>1K A1K;>AL 20H5 65;0=85. > B> 65 A0<>5 5;;0 A45;0;0; 4;O <5=O, :>340 >=0 ?>B0I8;0 <5=O >1@0B=> 2 =0H >B5;L, - 2<5H0;AO $@M=:.  =0 =5A:>;L:> <5AOF52 640;0 MB>3> H>C, 8 18;5BK AB>8;8 3>@074> 4>@>65, G5< >=0 <>3;0 A515 ?>72>;8BL. 'B> 2K ?@8 MB>< GC2AB2>20;8? K 1K;8 2K2545=K 87 @02=>25A8O? !45;0;8 1K 2K B> 65 4;O 4@C3>3> G5;>25:0?  A?@>A8; O, - :064K9 87 20A ?5@540; 4@C3><C A>>1I5=85, :>B>@>5 3>2>@8;>:  "K =5 >48=>:. -B> A;>20, :>B>@K5 8AE>4OB >B 4CE0. >:0 20<8 42865B ;N1>2L, C 20A 2A5340 1C45B 65;0=85 ?5@540BL A>>1I5=85. -B> A 20<8 8 A59G0A, 8 O =5 4C<0N, GB>1K >=> CH;>. 5B, - A:070; $@M=:.  > <=>3>5 87<5=8;>AL. AB5AB25==>. !>AB>OBL 2 1@0:5  A>2A5< =5 B> 65, GB> CE06820BL, - A>3;0A8;AO O A =8<. -  2A5 65, ?0<OBL A59G0A =0?><=8;0 20< > =5:>B>@KE 206=KE 25I0E 8, A0<>5 3;02=>5, > B><, GB> CABC?:0 B><C, :>3> 2K ;N18B5, - MB> =5 ?>@065=85. -B> @04>ABL, :>B>@0O 405B 20< 3>@074> 1>;LH5, G5< B>, >B G53> 20< ?@8H;>AL >B:070BLAO. B<>AD5@0 2 :><=0B5 C65 =5 1K;0 B0:>9 =0?@O65==>9. #E>4O, 5;;0 8 $@M=: >1<5=O;8AL 2=8<0B5;L=K<8 273;O40<8. =8 ?>>15I0;8 ?>4C<0BL =04 =0H8< @073>2>@>< 8 ?@89B8 :> <=5 >?OBL, :>340 8E @0A?8A0=85 =5 1C45B AB>;L ?5@53@C65==K<. 0:>==8:8. > :064K9 87 =0A GC2AB2>20;, GB> =5>1E>48<K9 ?@>@K2 ?@>87>H5;.     www.koob.ru  ֲ*24¾ľv & F 7^`7$ & Fa$$a$$ & F 7^`7a$$7`7a$$ & F7^`7a$DRvP0VF>l$7`7a$$a$$a$$ & Fa$$ & F 7^`7a$X$a$$a$$a$$ & F 7^`7a$(. A!"#$% :@: 1KG=K9_HmHsHtH<@< 03>;>2>: 1$@&CJB@B 03>;>2>: 2$$@&a$CJJ@J 03>;>2>: 3$$7@&`7a$CJBAB A=>2=>9 H@8DB 0170F0\i\ 1KG=0O B01;8F0 :V 44 la .k. 5B A?8A:0 ZC@Z A=>2=>9 B5:AB A >BABC?>< 7`7CJbR@b A=>2=>9 B5:AB A >BABC?>< 2 7^76CJ^S@^ A=>2=>9 B5:AB A >BABC?>< 3 7^7CJ<B@"< A=>2=>9 B5:ABCJL@2L 5@E=89 :>;>=B8BC;  E$J @BJ 86=89 :>;>=B8BC;  E$q %&'/0/0x   , O gxIJGv\mn"%3'4'5'C'D'P'Q'K))9,-c/062e3Z5d8 :<k<<->Q>>C?@@BEEEFrH IIIKMkPQTTTaVbVWWXXXIZ["\X\]^)_S_~__(`_`n``a+adbbwddiffg6gIijjk,ll[nnopppppppppppq q qqI08I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I0I00000000000000(00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 00 0 00 00 00 00 0 0 00 0 0 0 0 0 0 00 0 00 0 0 00 0 0 0 0 0 0 0 0 0 0 0 0 00000I0I0I0I0I0I0I0I0@0I0I0 =<&V>@A{|}? :C,!2![%h%Q'V'w)|)D*I*b,g,..////T0[041:1j1o12233r4w444445566886;;;<<3>5>>>@@sExEFFOGVG+H2H4I9IKKMMNNOOHTMTXXQ\V\q^w^^^l_q_ ``_`d`ddg$g3k8k;l@lAlIlppqC`a- 7 RV:C4<!+!##%%&&''))s**T0[012-3/3446688f99::;;<<??@$@?ABAwD|DEEFFGGNNPPnQwQRR1R2RiVnV2X4X\\\\E\F\I\J\^_G_I_``NbObbc\c^ccceemmoopppppppppppq qq %'0pppppppppppq q qqpppppppppppq qq.2)?{<h^`o(-^`o(-?{<.2q@T\(%9q``R`UnknownGz Times New Roman5Symbol3& z Arial"qhjfD F`9`9!4ppHX?2CBL M7>B5@8:0'>?@0Vladimir  Oh+'0h  $ 0 <HPX`  Normal.dot Vladimir6Microsoft Office Word@F#@| !u@!bW`՜.+,0 px   9p     !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~Root Entry F4bW1Table$WordDocument*SummaryInformation(DocumentSummaryInformation8CompObjq  F Microsoft Office Word MSWordDocWord.Document.89q