˃˂ˆΆˈʶʻʴʽʶʼʸ
ʵʼʵʿʼʽˁˌʶʻ ʻʼˆˇ˂˅ʼʼ
˃˅ˍˌʺ˂ˇ˂ˊʴˁˌʶʻ
ˆ˃ʸʶʽʴʿˁʼʸ ʷʿʴ ʷˍʼʸʶʼ
ˊˊˊʡʵʼʵʿʼʴʴˈʷʼ˂ʡ˃ʿ
˞ˢˡ˧˔˞˧ʳ˕˜˕˟˜˔˔˨˗˜ˢʡˣ˟
ˊˌˊʼʴʷ ˍ ˃ʴˁʸˀ
˃ʼ˂ˇ˅ʸˀ ʾ˂ˆʼʴʾʼʸˀ
ʶˍˌˀ ʽʸˆˇ ˃˅˂ʽʸʾˇ ʵʼʵʿʼʴ ʴˈʷʼ˂ ʾʼʷˆʲ
ʵʼʵʿʼʴʼʵʿʼʴ ʴˈʷʼ˂ ʾʼʷˆ ˧ˢ ˭˘˦˧˔˪ ˧˥˭˘˖˛ ˣ·ˬ˧ ʶʷʟ ˡ˔ ˞˧ͅ˥ˬ˖˛ ˭ˡ˔˝˗˨˝˘ ˦˜ͩ ʬʣ ˙˥˔˚ˠ˘ˡ˧ͅ˪ ˃˜˦ˠ˔
ʵ
Μ˪˜ͩ˧˘˚ˢ ˣ˥˭ˬ˚ˢ˧ˢ˪˔ˡˬ˖˛ ˦ˣ˘˖˝˔˟ˡ˜˘ ˗˟˔ ˠ·ˢ˗˦˭˘˚ˢ ˦·˨˖˛˔˖˭˔ʡ ʷˢ ˞˔κ˗˘˝ ˢˣˢ˪˜˘Ν˖˜
˗ˢ·͗˖˭ˢˡˬ ˝˘˦˧ ˠͅ˝ ˞ˢˠ˘ˡ˧˔˥˭ ʟ ˞˧ͅ˥ˬ ˪ ˣ˥˭ˬ˦˧ͩˣˡˬ ˜ ˭˥ˢ˭˨ˠ˜˔·ˬ ˦ˣˢ˦ͅ˕ ˧·˨ˠ˔˖˭ˬ ʷˍʼʸʶʼ˂ˀ ˜
˅˂ʷˍʼʶ˂ˀ ˭ˡ˔˖˭˘ˡ˜˘ ˣ˥˘˭˘ˡ˧ˢ˪˔ˡˬ˖˛ ˛˜˦˧ˢ˥˜˜ʡ ˊ ˃ˢ˟˦˖˘ ˠˢ˗ˡ˔ ˝˘˦˧ ˢ˕˘˖ˡ˜˘ ˕˔˝˞ˢ˧˘˥˔ˣ˜˔ʟ ˪
˞˧ͅ˥˘˝ ˢ˗ˣˢ˪˜˘˗ˡ˜ˢ ˗ˢ˕˥˔ˡ˘ ˕˔˝˞˜ ˦˧˔˝͗ ˦˜ͩ ˣˢˠˢ˖͗ ˪ ˥ˢ˭˪˜͗˭ˬ˪˔ˡ˜˨ ˗˭˜˘˖˜ͩ˖ˬ˖˛ ˣ˥ˢ˕˟˘ˠͅ˪ʡ
˃˂ˆΆˈʶʻʴʽʶʼʸ ˍˠˢ˗ˬ˙˜˞ˢ˪˔·˘ˠ ˡ˜˘˖ˢ ˧ͩ ˠ˘˧ˢ˗ͩ ˜ ˭˔ˣ˥ˢˣˢˡˢ˪˔· ˕˜˕˟˜ˢ˧˘˥˔ˣ˜ͩʟ ˖˭ˬ˟˜ ˪ˬ˖˛ˢ˪˔ˡ˜˘ ˜ ˣ˥˔˖ͩ
˧˘˥˔ˣ˘˨˧ˬ˖˭ˡ͗ ˭˔ ˣˢˠˢ˖͗ ˢˣˢ˪˜˘Ν˖˜ ˕˜˕˟˜˝ˡˬ˖˛ʡ ʾ˔κ˗ˬ ˣˢ˧˥˭˘˕˨˝˘ ˧˔˞˜˘˝ ˧˘˥˔ˣ˜˜ʡ ʽ˘Ν˟˜ ˗˭˜˘˖˞ˢ
ʵʼʵʿʼʽˁˌʶʻ ʻʼˆˇ˂˅ʼʼ ˝
˝˘˦˧˘˦˧ ˪ˬΝˠ˜˘˪˔ˡ˘ʟ ˕ˢ ˡˣʡ ˠ˔ ˥˨˗˘ ˪·ˢ˦ˬ ˔˟˕ˢ ˡˢ˦˜ ˢ˞˨˟˔˥ˬʟ ˧ˢ ˗˟˔˖˭˘˚ˢ ˭˔ˠ˜˔˦˧ ˕˔˝˞˜ ˢ
ʾˢˣ˖˜˨˦˭˞˨ ˡ˜˘ ˢˣˢ˪˜˘˗˭˜˘͙ ˠ˨ ˛˜˦˧ˢ˥˜˜ ˢ ʷ˔˪˜˗˭˜˘ʲ ˊ ˧˘ˡ ˦ˣˢ˦ͅ˕ ˢ˗˞˥ˬ˪˔ˠˬʟ κ˘ ʵ˜˕˟˜˔ ˠ˔
˃˅ˍˌʺ˂ˇ˂ˊʴˁˌʶʻ ˭˪˜͗˭˘˞ ˭ ˡ˔˦˭ˬˠ κˬ˖˜˘ˠʟ ˕ˢ ˞˧ˢΝ ˝˨κ ˣ˥˭˘κˬ· ˣˢ˗ˢ˕ˡ͗ ˛˜˦˧ˢ˥˜ͩʡ ˆ˞ˢ˥ˢ ʷ˔˪˜˗ ˗˔· ˦ˢ˕˜˘ ˥˔˗ͩʟ ˧ˢ ˜
ˆ˃ʸʶʽʴʿˁʼʸ ʷʿʴ ʷˍʼʸʶʼ ˝˔ ˗˔ˠ ˦ˢ˕˜˘ ˥˔˗ͩʡ ˁʴ˅˅ʴˇ˂˅ʴˀʼ ˪ ʵʼʵʿʼʴ ʴˈʷʼ˂ ʾʼʷˆ ˦͗ ˠ·ˢ˗˭˜ ˔˞˧ˢ˥˭ˬʭ ˊ˜˞˧ˢ˥˜˔ ʺ˨˭˘˞ʟ ʾ˨˕˔
ʽͅθ˪˜˞ʟ ʿ˜˟˔ ˊ˔˦˦˘˥ˠ˔ˡʟ ʾ˔˥ˢ˟ ʾ˪˜˔˧˞ˢ˪˦˞˜ʟ ʴˡ˧ˢˡ˜ˡ˔ ˁˢ˪˔˞ˢ˪˦˞˔ʟ ʼ˪ˢ ˊ˜˖˜Ή˦˞˜ʟ ˇˢ˦˜˔ ʾ˥ˬ˟˜˞ʟ
ʵˢ˥ˬ˦ ˊ˜˖˜Ή˦˞˜ʟ ˃˔˨˟˜ˡ˔ ʽͅ˭˘˙ˢ˪˦˞˔ʟ ʴˡ˧˘˞ ˆ˖˔˥˗˜ˡ˔ʡ˃ˢ˭ˢ˦˧˔·˘ ˕˜˕˟˜˝ˡ˘ ˥ˢ˟˘ ˚˥˔˝͗ ˪ˬ˕˜˧ˡ˜ ˣˢ˟˦˖ˬ
˔˞˧ˢ˥˭ˬ ˠʡ˜ˡʡ ʷ˔ˡ˨˧˔ ˆ˧˘ˡ˞˔ ʛʽ˨˗ˬ˧˔ʜʟ ʴ˗˔ˠ ˊˢ˥ˢˡˢ˪˜˖˭ ʛʽ˘˭˨˦ʜʟ ʽ˘˥˭ˬ ˇ˥˘˟˔ ʛʵͅ˚ʜʟ ʹ˥˔ˡ˖˜˦˭˘˞
˃
˃˜˘˖˭˞˔ ʛʴ˕˥˔˛˔ˠʜʟ ʽ˔ˡ ʸˡ˚˟˘˥˧ ʛˀˢ˝κ˘˦˭ʜʡ˜˘˖˭˞˔ ʛʴ˕˥˔˛˔ˠʜʟ ʽ˔ˡ ʸˡ˚˟˘˥˧ ʛˀˢ˝κ˘˦˭ʜʡ
ʽʴʾ ʽʸˆˇ ˃ʴˁʴ ˅˂ʿʴʲ
ʽ˘˦˧˘ˠ ˭ ˪ˬ˞˦˭˧˔·˖˘ˡ˜˔ ˕˜˕˟˜˦˧͗ ˜ ˧˘ˢ˟ˢ˚˜˘ˠʡ ˆˣ˘˖˝˔˟˜˭˨˝˘ ˦˜ͩ ˡ˔˨˞ˢ˪ˢ ˪ ˡ˔˥˥˔˖˝˜ ˕˜˕˟˜˝ˡ˘˝ ˢ˥˔˭
ˣ˘˗˔˚ˢ˚˜˖˘ ˥˘˟˜˚˜˜ ʡ ˂˗ ˪˜˘˟˨ ˟˔˧ ˦˧˔˥˔ˠ ˦˜ͩ ˡ˔˨˞ˢ˪ˢ ·͗˖˭ˬ͙ ˕˜˕˟˜˦˧ˬ˞ͩ ˭ ˣ˘˗˔˚ˢ˚˜˞͗ ˥˘˟˜˚˜˜ʡ
ʽ˘˦˧˘ˠ ˡ˔˨˖˭ˬ˖˜˘˟˘ˠ ˔˞˔˗˘ˠ˜˖˞˜ˠʟ ˔˟˘ ˣ˥˭˘˗˘ ˪˦˭ˬ˦˧˞˜ˠ ˞ˢ˖˛˔˝͗˖ˬˠ ˢ˝˖˘ˠʟ ˞˧ͅ˥ˬ ˨˪˜˘˟˕˜˔
ˢˣˢ˪˜˔˗˔͙ ˛˜˦˧ˢ˥˜˘ ˕˜˕˟˜˝ˡ˘ʡ ˃˥˭ˬ˚ˢ˧ˢ˪˔·˘ˠ ˞ˢˠ˘ˡ˧˔˥˭˘ ˗ˢ ˪˦˭ˬ˦˧˞˜˖˛ ˖˭ˬ˧˔ˡˬ˖˛ ˢˣˢ˪˜˘Ν˖˜ʟ
˞˧ͅ˥˘ ˭ˡ˔˝˗˨˝͗ ˦˜ͩ ˡ˔ ˣ·ˬ˧˔˖˛ ʵ˜˕˟˜˔ ʴ˨˗˜ˢ ʾ˜˗˦ʡ ˃ˢ˗˖˭˔˦ ˦·˨˖˛˔ˡ˜˔ ʵ˜˕˟˜˜ ˣˢ˝˔˪˜˔˝͗ ˦˜ͩ ˥ͅκˡ˘
˪͗˧ˣ˟˜˪ˢΝ˖˜ʡ ʷˢ˥ˢ˦·ˬ ˖˭·ˢ˪˜˘˞ ˖˭ͩ˦˧ˢ ˪˦˧ˬ˗˭˜ ˦˜ͩ ˭˔˗˔˪˔͙ ˣˬ˧˔ˡ˜˔ ˜ ˣ˥˭ˬ˭ˡ˔͙ʟ κ˘ ˖˭˘˚ˢΝ ˡ˜˘
˥ˢ˭˨ˠ˜˘ʡ ʷ˟˔˧˘˚ˢ ˭˔ˣ˥ˢ˦˜˟˜Νˠˬ ˗ˢ ˣ˥ˢ˝˘˞˧˨ ˡ˔˝˟˘ˣ˦˭ˬ˖˛ ˘˞˦ˣ˘˥˧ͅ˪ ʠ ˗˭˜˘˖˜ʡ ˇˢ ˢˡ˘ ˕ͩ˗͗ ˣˬ˧˔͙ ˜
˪ˬ˝˔Νˡ˜˔͙ˬ˝˔Νˡ˜˔͙ ˧˥˨˗ˡ˘ ˙˥˔˚ˠ˘ˡ˧ˬ ˭ ˃˜˦ˠ˔ Μ˪˜ͩ˧˘˚ˢʟ ˔ ˧ˬˠ ˦˔ˠˬˠ ˣ˥˭˘ˣ˥ˢ˪˔˗˭͗ ˡ˔˦ ˣˢ ˞˔˥˧˔˖˛
˪
ˆ˧˔˥˘˚ˢ ˜ ˁˢ˪˘˚ˢ ˇ˘˦˧˔ˠ˘ˡ˧ʡ ʷˢ·͗˖˭ˢˡ˘ ˞ˢˠ˘ˡ˧˔˥˭˘ ˗ˢ ˞˔κ˗˘˝ ˢˣˢ˪˜˘Ν˖˜ʟ ˠ˔˝͗ ˨·˔˧˪˜͙
˥ˢ˗˭˜˖ˢˠ ˥ˢ˭ˠˢ˪ˬ ˢ ʵ˜˕˟˜˜ ˭ ˗˭˜˘͙ˠ˜ʡ
ʷʿʴʶˍʸʺ˂ ˊˌʵ̥˅ ˇʴʾʼʶʻʟ ʴ ˁʼʸ ʼˁˁˌʶʻ ʹ˅ʴʺˀʸˁˇ̥ˊʲ
ˊˬ˕ˢ˥˨ ˗ˢ˞ˢˡˬ˪˔˟˜Νˠˬʟ ˨˪˭˚˟ͩ˗ˡ˜˔˝͗˖ ˗˭˜˘˖˜ͩ˖͗ ˪˥˔κ˟˜˪ˢΝ͙ʡ Μ˪˜˔˗ˢˠ˜˘ ˪ˬ˕˥˔·˘ˠ ˧˘
˙˥˔˚ˠ˘ˡ˧ˬ ˃˜˦ˠ˔ Μ˪˜ͩ˧˘˚ˢʟ ˞˧ͅ˥˘ ˡ˜˘ ˦͗ ˭˕ˬ˧ ˗˥˔˦˧ˬ˖˭ˡ˘ʡ ˁ˜˘ ˖˛ˢ˗˭˜ ˢ ˧ˢʟ κ˘˕ˬ ˢ˗ ˥˔˭˨
ˣ˥˭˘˦˧˥˔˦˭ˬ͙ ˗˭˜˘˖˞ˢ ˦˖˘ˡ˔ˠ˜ ˕˜˖˭ˢ˪˔ˡ˜˔ ˖˭ˬ ˨˞˥˭ˬκˢ˪˔ˡ˜˔ ˃˔ˡ˔ ʽ˘˭˨˦˔ʡ ʷ˭˜˘˖˜ ˧˥˭˘˕˔
˪ˣ˥ˢ˪˔˗˭˔͙ ˪ Ν˪˜˔˧ ˪˜˔˥ˬ ˦˧ˢˣˡ˜ˢ˪ˢʟ ˪ ˦ˣˢ˦ͅ˕ ˔˗˘˞˪˔˧ˡˬ ˗ˢ ˪˜˘˞˨ʡ
ʶ˂ ˀʴ ʷʴ͘ ˆΆˈʶʻʴˁʼʸ ʵʼʵʿʼʼ ˃˅ˍʸˍ ʷˍʼʸʶʼʲ
ʷ
ʷ˭˜˘˖˜˭˜˘˖˜ ˪ˬ˦·˨˖˛˔˝͗ ˠ˜˘˗˭ˬ ˜ˡˡˬˠ˜ ˛˜˦˧ˢ˥˜ͩ ˢ ˊˢ˗˭˜˘ ˣ·ˬˡ͗˖˘˝ ˭˘ ˦˞˔·ˬʟ ˨˦·ˬ˦˭͗ ˢ˗˚·ˢ˦ˬ ˪˘˦˘˟˔ ˪
ʾ˔ˡ˜˘ ʺ˔˟˜˟˘˝˦˞˜˘˝ ˔˟˕ˢ ˦˭˨ˠ ˭ ˡ˜˘˕˔ ˧ˢ˪˔˥˭ˬ˦˭͗˖ˬ ˭˘˦·˔ˡ˜˨ ʷ˨˖˛˔ Μ˪˜ͩ˧˘˚ˢʟ ˣˢ˭ˡ˔˝͗ ʴ˕˥˔˛˔ˠ˔ʟ
ˀˢ˝κ˘˦˭˔ʟ ʷ˔˪˜˗˔ ˜ ˪˜˘˟˨ ˜ˡˡˬ˖˛ ˕ˢ˛˔˧˘˥ͅ˪ ˆ˧˔˥˘˚ˢ ˜ ˁˢ˪˘˚ˢ ˇ˘˦˧˔ˠ˘ˡ˧˨ʡ ʴ ˗ˢ ˧˘˚ˢ ˠ˔˟˨˖˛ˬ
ˢ˧˥˭ˬˠ˔˝͗ ˪ ˞˦˜͗κ˘˖˭˖˘ ˭ ˣ·ˬ˧͗ ˢ˕˥˔˭˞˜ʟ ˞˧ͅ˥˘ ˕ͩ˗͗ ˠˢ˚·ˬ ˦˔ˠˢ˗˭˜˘˟ˡ˜˘ ˣˢ˞ˢ˟ˢ˥ˢ˪˔͙ʡ ʷ˭˜˘˖˜ ˕ͩ˗͗
˪˜ͩ˖ ˢ˕˖ˢ˪˔͙ ˭ ʵ˜˕˟˜͗ ˡ˜˘ ˧ˬ˟˞ˢ ˣ˥˭˘˭ ˨˦˭ˬʟ ˔˟˘ ˧˔˞κ˘ ˣ˥˭˘˭ ˥ͩ˖˘ ˜ ˢ˖˭ˬʡ ʵ˜˕˟˜˔ ʴ˨˗˜ˢ ʾ˜˗˦ ˝˘˦˧ ˪˜˘˖
Ν˪˜˘˧ˡ͗ ˣ˥ˢˣˢ˭ˬ˖˝͗ ˗˟˔ ˖˔·˘˝ ˥ˢ˗˭˜ˡˬʟ ˞˧ͅ˥˔ ˥˔˭˘ˠ ˠˢκ˘ ˣˢ˭ˡ˔˪˔͙ ˞ˢ˟˘˝ˡ˘ ˢˣˢ˪˜˘Ν˖˜ ˕˜˕˟˜˝ˡ˘ʟ ˔
ˣˢˣ˥˭˘˭ ˞ˢˠ˘ˡ˧˔˥˭˘ ˠˢκ˘ ˭˥ˢ˭˨ˠ˜˘͙ ˜ ˪˦ˣͅ˟ˡ˜˘ ˣ˥˭˘˗ˬ˦˞˨˧ˢ˪˔͙ʟ ˖˭ˬ ˗˔ˡˬ ˙˥˔˚ˠ˘ˡ˧ ˠ˔
ˊˊˊʡʵʼʵʿʼʴʴˈʷʼ˂ʡ˃ʿ ˭
˭ˡ˔˖˭˘ˡ˜˘ˡ˔˖˭˘ˡ˜˘ ˪ ˜˖˛ κˬ˖˜˨ʡ ʵ˜˕˟˜˔ ʴ˨˗˜ˢ ʾ˜˗˦ ˝˘˦˧ ˭˥˘˔˟˜˭ˢ˪˔ˡ˔ ˭ ˡ˔˝˪˜ͩ˞˦˭͗ ˗˕˔·ˢΝ˖˜͗ ˢ ˗˭˜˘˖˜ ˪ ˢˣ˔˥˖˜˨
˞ˢˡ˧˔˞˧ʳ˕˜˕˟˜˔˔˨˗˜ˢʡˣ˟ ˢ ˡ˔˝ˡˢ˪˦˭˘ ˠ˘˧ˢ˗ˬ ˣ˘˗˔˚ˢ˜˖˭ˡ˘ ˧˔˞˜˘ ˝˔˞ ˔˥˧ʠ ˧˘˥ˣ˜˔ ˖˭ˬ˟˜ ˪ ˧ˬˠ ˣ˥˭ˬˣ˔˗˞˨ ʵ˜˕˟ˢ˧˘˥˔ˣ˜˔ʡ
ˊˌˊʼʴʷ ˍ ˃ʴˁʸˀ
˃ʼ˂ˇ˅ʸˀ ʾ˂ˆʼʴʾʼʸˀ
ʶˍˌˀ ʽʸˆˇ ˃˅˂ʽʸʾˇ ʵʼʵʿʼʴ ʴˈʷʼ˂ ʾʼʷˆʲ
ʵʼʵʿʼʴʼʵʿʼʴ ʴˈʷʼ˂ ʾʼʷˆ ˧ˢ ˭˘˦˧˔˪ ˧˥˭˘˖˛ ˣ·ˬ˧ ʶʷʟ ˡ˔ ˞˧ͅ˥ˬ˖˛ ˭ˡ˔˝˗˨˝˘ ˦˜ͩ ʬʣ ˙˥˔˚ˠ˘ˡ˧ͅ˪ ˃˜˦ˠ˔
ʵ
Μ˪˜ͩ˧˘˚ˢ ˣ˥˭ˬ˚ˢ˧ˢ˪˔ˡˬ˖˛ ˦ˣ˘˖˝˔˟ˡ˜˘ ˗˟˔ ˠ·ˢ˗˦˭˘˚ˢ ˦·˨˖˛˔˖˭˔ʡ ʷˢ ˞˔κ˗˘˝ ˢˣˢ˪˜˘Ν˖˜
˗ˢ·͗˖˭ˢˡˬ ˝˘˦˧ ˠͅ˝ ˞ˢˠ˘ˡ˧˔˥˭ ʟ ˞˧ͅ˥ˬ ˪ ˣ˥˭ˬ˦˧ͩˣˡˬ ˜ ˭˥ˢ˭˨ˠ˜˔·ˬ ˦ˣˢ˦ͅ˕ ˧·˨ˠ˔˖˭ˬ ʷˍʼʸʶʼ˂ˀ ˜
˅˂ʷˍʼʶ˂ˀ ˭ˡ˔˖˭˘ˡ˜˘ ˣ˥˘˭˘ˡ˧ˢ˪˔ˡˬ˖˛ ˛˜˦˧ˢ˥˜˜ʡ ˊ ˃ˢ˟˦˖˘ ˠˢ˗ˡ˔ ˝˘˦˧ ˢ˕˘˖ˡ˜˘ ˕˔˝˞ˢ˧˘˥˔ˣ˜˔ʟ ˪
˞˧ͅ˥˘˝ ˢ˗ˣˢ˪˜˘˗ˡ˜ˢ ˗ˢ˕˥˔ˡ˘ ˕˔˝˞˜ ˦˧˔˝͗ ˦˜ͩ ˣˢˠˢ˖͗ ˪ ˥ˢ˭˪˜͗˭ˬ˪˔ˡ˜˨ ˗˭˜˘˖˜ͩ˖ˬ˖˛ ˣ˥ˢ˕˟˘ˠͅ˪ʡ
˃˂ˆΆˈʶʻʴʽʶʼʸ ˍˠˢ˗ˬ˙˜˞ˢ˪˔·˘ˠ ˡ˜˘˖ˢ ˧ͩ ˠ˘˧ˢ˗ͩ ˜ ˭˔ˣ˥ˢˣˢˡˢ˪˔· ˕˜˕˟˜ˢ˧˘˥˔ˣ˜ͩʟ ˖˭ˬ˟˜ ˪ˬ˖˛ˢ˪˔ˡ˜˘ ˜ ˣ˥˔˖ͩ
˧˘˥˔ˣ˘˨˧ˬ˖˭ˡ͗ ˭˔ ˣˢˠˢ˖͗ ˢˣˢ˪˜˘Ν˖˜ ˕˜˕˟˜˝ˡˬ˖˛ʡ ʾ˔κ˗ˬ ˣˢ˧˥˭˘˕˨˝˘ ˧˔˞˜˘˝ ˧˘˥˔ˣ˜˜ʡ ʽ˘Ν˟˜ ˗˭˜˘˖˞ˢ
ʵʼʵʿʼʽˁˌʶʻ ʻʼˆˇ˂˅ʼʼ ˝
˝˘˦˧˘˦˧ ˪ˬΝˠ˜˘˪˔ˡ˘ʟ ˕ˢ ˡˣʡ ˠ˔ ˥˨˗˘ ˪·ˢ˦ˬ ˔˟˕ˢ ˡˢ˦˜ ˢ˞˨˟˔˥ˬʟ ˧ˢ ˗˟˔˖˭˘˚ˢ ˭˔ˠ˜˔˦˧ ˕˔˝˞˜ ˢ
ʾˢˣ˖˜˨˦˭˞˨ ˡ˜˘ ˢˣˢ˪˜˘˗˭˜˘͙ ˠ˨ ˛˜˦˧ˢ˥˜˜ ˢ ʷ˔˪˜˗˭˜˘ʲ ˊ ˧˘ˡ ˦ˣˢ˦ͅ˕ ˢ˗˞˥ˬ˪˔ˠˬʟ κ˘ ʵ˜˕˟˜˔ ˠ˔
˃˅ˍˌʺ˂ˇ˂ˊʴˁˌʶʻ ˭˪˜͗˭˘˞ ˭ ˡ˔˦˭ˬˠ κˬ˖˜˘ˠʟ ˕ˢ ˞˧ˢΝ ˝˨κ ˣ˥˭˘κˬ· ˣˢ˗ˢ˕ˡ͗ ˛˜˦˧ˢ˥˜ͩʡ ˆ˞ˢ˥ˢ ʷ˔˪˜˗ ˗˔· ˦ˢ˕˜˘ ˥˔˗ͩʟ ˧ˢ ˜
ˆ˃ʸʶʽʴʿˁʼʸ ʷʿʴ ʷˍʼʸʶʼ ˝˔ ˗˔ˠ ˦ˢ˕˜˘ ˥˔˗ͩʡ ˁʴ˅˅ʴˇ˂˅ʴˀʼ ˪ ʵʼʵʿʼʴ ʴˈʷʼ˂ ʾʼʷˆ ˦͗ ˠ·ˢ˗˭˜ ˔˞˧ˢ˥˭ˬʭ ˊ˜˞˧ˢ˥˜˔ ʺ˨˭˘˞ʟ ʾ˨˕˔
ʽͅθ˪˜˞ʟ ʿ˜˟˔ ˊ˔˦˦˘˥ˠ˔ˡʟ ʾ˔˥ˢ˟ ʾ˪˜˔˧˞ˢ˪˦˞˜ʟ ʴˡ˧ˢˡ˜ˡ˔ ˁˢ˪˔˞ˢ˪˦˞˔ʟ ʼ˪ˢ ˊ˜˖˜Ή˦˞˜ʟ ˇˢ˦˜˔ ʾ˥ˬ˟˜˞ʟ
ʵˢ˥ˬ˦ ˊ˜˖˜Ή˦˞˜ʟ ˃˔˨˟˜ˡ˔ ʽͅ˭˘˙ˢ˪˦˞˔ʟ ʴˡ˧˘˞ ˆ˖˔˥˗˜ˡ˔ʡ˃ˢ˭ˢ˦˧˔·˘ ˕˜˕˟˜˝ˡ˘ ˥ˢ˟˘ ˚˥˔˝͗ ˪ˬ˕˜˧ˡ˜ ˣˢ˟˦˖ˬ
˔˞˧ˢ˥˭ˬ ˠʡ˜ˡʡ ʷ˔ˡ˨˧˔ ˆ˧˘ˡ˞˔ ʛʽ˨˗ˬ˧˔ʜʟ ʴ˗˔ˠ ˊˢ˥ˢˡˢ˪˜˖˭ ʛʽ˘˭˨˦ʜʟ ʽ˘˥˭ˬ ˇ˥˘˟˔ ʛʵͅ˚ʜʟ ʹ˥˔ˡ˖˜˦˭˘˞
˃
˃˜˘˖˭˞˔ ʛʴ˕˥˔˛˔ˠʜʟ ʽ˔ˡ ʸˡ˚˟˘˥˧ ʛˀˢ˝κ˘˦˭ʜʡ˜˘˖˭˞˔ ʛʴ˕˥˔˛˔ˠʜʟ ʽ˔ˡ ʸˡ˚˟˘˥˧ ʛˀˢ˝κ˘˦˭ʜʡ
ʽʴʾ ʽʸˆˇ ˃ʴˁʴ ˅˂ʿʴʲ
ʽ˘˦˧˘ˠ ˭ ˪ˬ˞˦˭˧˔·˖˘ˡ˜˔ ˕˜˕˟˜˦˧͗ ˜ ˧˘ˢ˟ˢ˚˜˘ˠʡ ˆˣ˘˖˝˔˟˜˭˨˝˘ ˦˜ͩ ˡ˔˨˞ˢ˪ˢ ˪ ˡ˔˥˥˔˖˝˜ ˕˜˕˟˜˝ˡ˘˝ ˢ˥˔˭
ˣ˘˗˔˚ˢ˚˜˖˘ ˥˘˟˜˚˜˜ ʡ ˂˗ ˪˜˘˟˨ ˟˔˧ ˦˧˔˥˔ˠ ˦˜ͩ ˡ˔˨˞ˢ˪ˢ ·͗˖˭ˬ͙ ˕˜˕˟˜˦˧ˬ˞ͩ ˭ ˣ˘˗˔˚ˢ˚˜˞͗ ˥˘˟˜˚˜˜ʡ
ʽ˘˦˧˘ˠ ˡ˔˨˖˭ˬ˖˜˘˟˘ˠ ˔˞˔˗˘ˠ˜˖˞˜ˠʟ ˔˟˘ ˣ˥˭˘˗˘ ˪˦˭ˬ˦˧˞˜ˠ ˞ˢ˖˛˔˝͗˖ˬˠ ˢ˝˖˘ˠʟ ˞˧ͅ˥ˬ ˨˪˜˘˟˕˜˔
ˢˣˢ˪˜˔˗˔͙ ˛˜˦˧ˢ˥˜˘ ˕˜˕˟˜˝ˡ˘ʡ ˃˥˭ˬ˚ˢ˧ˢ˪˔·˘ˠ ˞ˢˠ˘ˡ˧˔˥˭˘ ˗ˢ ˪˦˭ˬ˦˧˞˜˖˛ ˖˭ˬ˧˔ˡˬ˖˛ ˢˣˢ˪˜˘Ν˖˜ʟ
˞˧ͅ˥˘ ˭ˡ˔˝˗˨˝͗ ˦˜ͩ ˡ˔ ˣ·ˬ˧˔˖˛ ʵ˜˕˟˜˔ ʴ˨˗˜ˢ ʾ˜˗˦ʡ ˃ˢ˗˖˭˔˦ ˦·˨˖˛˔ˡ˜˔ ʵ˜˕˟˜˜ ˣˢ˝˔˪˜˔˝͗ ˦˜ͩ ˥ͅκˡ˘
˪͗˧ˣ˟˜˪ˢΝ˖˜ʡ ʷˢ˥ˢ˦·ˬ ˖˭·ˢ˪˜˘˞ ˖˭ͩ˦˧ˢ ˪˦˧ˬ˗˭˜ ˦˜ͩ ˭˔˗˔˪˔͙ ˣˬ˧˔ˡ˜˔ ˜ ˣ˥˭ˬ˭ˡ˔͙ʟ κ˘ ˖˭˘˚ˢΝ ˡ˜˘
˥ˢ˭˨ˠ˜˘ʡ ʷ˟˔˧˘˚ˢ ˭˔ˣ˥ˢ˦˜˟˜Νˠˬ ˗ˢ ˣ˥ˢ˝˘˞˧˨ ˡ˔˝˟˘ˣ˦˭ˬ˖˛ ˘˞˦ˣ˘˥˧ͅ˪ ʠ ˗˭˜˘˖˜ʡ ˇˢ ˢˡ˘ ˕ͩ˗͗ ˣˬ˧˔͙ ˜
˪ˬ˝˔Νˡ˜˔͙ˬ˝˔Νˡ˜˔͙ ˧˥˨˗ˡ˘ ˙˥˔˚ˠ˘ˡ˧ˬ ˭ ˃˜˦ˠ˔ Μ˪˜ͩ˧˘˚ˢʟ ˔ ˧ˬˠ ˦˔ˠˬˠ ˣ˥˭˘ˣ˥ˢ˪˔˗˭͗ ˡ˔˦ ˣˢ ˞˔˥˧˔˖˛
˪
ˆ˧˔˥˘˚ˢ ˜ ˁˢ˪˘˚ˢ ˇ˘˦˧˔ˠ˘ˡ˧ʡ ʷˢ·͗˖˭ˢˡ˘ ˞ˢˠ˘ˡ˧˔˥˭˘ ˗ˢ ˞˔κ˗˘˝ ˢˣˢ˪˜˘Ν˖˜ʟ ˠ˔˝͗ ˨·˔˧˪˜͙
˥ˢ˗˭˜˖ˢˠ ˥ˢ˭ˠˢ˪ˬ ˢ ʵ˜˕˟˜˜ ˭ ˗˭˜˘͙ˠ˜ʡ
ʷʿʴʶˍʸʺ˂ ˊˌʵ̥˅ ˇʴʾʼʶʻʟ ʴ ˁʼʸ ʼˁˁˌʶʻ ʹ˅ʴʺˀʸˁˇ̥ˊʲ
ˊˬ˕ˢ˥˨ ˗ˢ˞ˢˡˬ˪˔˟˜Νˠˬʟ ˨˪˭˚˟ͩ˗ˡ˜˔˝͗˖ ˗˭˜˘˖˜ͩ˖͗ ˪˥˔κ˟˜˪ˢΝ͙ʡ Μ˪˜˔˗ˢˠ˜˘ ˪ˬ˕˥˔·˘ˠ ˧˘
˙˥˔˚ˠ˘ˡ˧ˬ ˃˜˦ˠ˔ Μ˪˜ͩ˧˘˚ˢʟ ˞˧ͅ˥˘ ˡ˜˘ ˦͗ ˭˕ˬ˧ ˗˥˔˦˧ˬ˖˭ˡ˘ʡ ˁ˜˘ ˖˛ˢ˗˭˜ ˢ ˧ˢʟ κ˘˕ˬ ˢ˗ ˥˔˭˨
ˣ˥˭˘˦˧˥˔˦˭ˬ͙ ˗˭˜˘˖˞ˢ ˦˖˘ˡ˔ˠ˜ ˕˜˖˭ˢ˪˔ˡ˜˔ ˖˭ˬ ˨˞˥˭ˬκˢ˪˔ˡ˜˔ ˃˔ˡ˔ ʽ˘˭˨˦˔ʡ ʷ˭˜˘˖˜ ˧˥˭˘˕˔
˪ˣ˥ˢ˪˔˗˭˔͙ ˪ Ν˪˜˔˧ ˪˜˔˥ˬ ˦˧ˢˣˡ˜ˢ˪ˢʟ ˪ ˦ˣˢ˦ͅ˕ ˔˗˘˞˪˔˧ˡˬ ˗ˢ ˪˜˘˞˨ʡ
ʶ˂ ˀʴ ʷʴ͘ ˆΆˈʶʻʴˁʼʸ ʵʼʵʿʼʼ ˃˅ˍʸˍ ʷˍʼʸʶʼʲ
ʷ
ʷ˭˜˘˖˜˭˜˘˖˜ ˪ˬ˦·˨˖˛˔˝͗ ˠ˜˘˗˭ˬ ˜ˡˡˬˠ˜ ˛˜˦˧ˢ˥˜ͩ ˢ ˊˢ˗˭˜˘ ˣ·ˬˡ͗˖˘˝ ˭˘ ˦˞˔·ˬʟ ˨˦·ˬ˦˭͗ ˢ˗˚·ˢ˦ˬ ˪˘˦˘˟˔ ˪
ʾ˔ˡ˜˘ ʺ˔˟˜˟˘˝˦˞˜˘˝ ˔˟˕ˢ ˦˭˨ˠ ˭ ˡ˜˘˕˔ ˧ˢ˪˔˥˭ˬ˦˭͗˖ˬ ˭˘˦·˔ˡ˜˨ ʷ˨˖˛˔ Μ˪˜ͩ˧˘˚ˢʟ ˣˢ˭ˡ˔˝͗ ʴ˕˥˔˛˔ˠ˔ʟ
ˀˢ˝κ˘˦˭˔ʟ ʷ˔˪˜˗˔ ˜ ˪˜˘˟˨ ˜ˡˡˬ˖˛ ˕ˢ˛˔˧˘˥ͅ˪ ˆ˧˔˥˘˚ˢ ˜ ˁˢ˪˘˚ˢ ˇ˘˦˧˔ˠ˘ˡ˧˨ʡ ʴ ˗ˢ ˧˘˚ˢ ˠ˔˟˨˖˛ˬ
ˢ˧˥˭ˬˠ˔˝͗ ˪ ˞˦˜͗κ˘˖˭˖˘ ˭ ˣ·ˬ˧͗ ˢ˕˥˔˭˞˜ʟ ˞˧ͅ˥˘ ˕ͩ˗͗ ˠˢ˚·ˬ ˦˔ˠˢ˗˭˜˘˟ˡ˜˘ ˣˢ˞ˢ˟ˢ˥ˢ˪˔͙ʡ ʷ˭˜˘˖˜ ˕ͩ˗͗
˪˜ͩ˖ ˢ˕˖ˢ˪˔͙ ˭ ʵ˜˕˟˜͗ ˡ˜˘ ˧ˬ˟˞ˢ ˣ˥˭˘˭ ˨˦˭ˬʟ ˔˟˘ ˧˔˞κ˘ ˣ˥˭˘˭ ˥ͩ˖˘ ˜ ˢ˖˭ˬʡ ʵ˜˕˟˜˔ ʴ˨˗˜ˢ ʾ˜˗˦ ˝˘˦˧ ˪˜˘˖
Ν˪˜˘˧ˡ͗ ˣ˥ˢˣˢ˭ˬ˖˝͗ ˗˟˔ ˖˔·˘˝ ˥ˢ˗˭˜ˡˬʟ ˞˧ͅ˥˔ ˥˔˭˘ˠ ˠˢκ˘ ˣˢ˭ˡ˔˪˔͙ ˞ˢ˟˘˝ˡ˘ ˢˣˢ˪˜˘Ν˖˜ ˕˜˕˟˜˝ˡ˘ʟ ˔
ˣˢˣ˥˭˘˭ ˞ˢˠ˘ˡ˧˔˥˭˘ ˠˢκ˘ ˭˥ˢ˭˨ˠ˜˘͙ ˜ ˪˦ˣͅ˟ˡ˜˘ ˣ˥˭˘˗ˬ˦˞˨˧ˢ˪˔͙ʟ ˖˭ˬ ˗˔ˡˬ ˙˥˔˚ˠ˘ˡ˧ ˠ˔
ˊˊˊʡʵʼʵʿʼʴʴˈʷʼ˂ʡ˃ʿ ˭
˭ˡ˔˖˭˘ˡ˜˘ˡ˔˖˭˘ˡ˜˘ ˪ ˜˖˛ κˬ˖˜˨ʡ ʵ˜˕˟˜˔ ʴ˨˗˜ˢ ʾ˜˗˦ ˝˘˦˧ ˭˥˘˔˟˜˭ˢ˪˔ˡ˔ ˭ ˡ˔˝˪˜ͩ˞˦˭͗ ˗˕˔·ˢΝ˖˜͗ ˢ ˗˭˜˘˖˜ ˪ ˢˣ˔˥˖˜˨
˞ˢˡ˧˔˞˧ʳ˕˜˕˟˜˔˔˨˗˜ˢʡˣ˟ ˢ ˡ˔˝ˡˢ˪˦˭˘ ˠ˘˧ˢ˗ˬ ˣ˘˗˔˚ˢ˜˖˭ˡ˘ ˧˔˞˜˘ ˝˔˞ ˔˥˧ʠ ˧˘˥ˣ˜˔ ˖˭ˬ˟˜ ˪ ˧ˬˠ ˣ˥˭ˬˣ˔˗˞˨ ʵ˜˕˟ˢ˧˘˥˔ˣ˜˔ʡ
6AH 8 I010F :8 43D:02H9=4
0XOWL*UD WR QRZRÐÅ QD SROVNLP U\QNX JLHU
HGXNDF\MQ\FK = SU]\MHPQRÐFLÃ SUH]HQWXMHP\
3DÌVWZX QDV]Ã RIHUWÇ VNLHURZDQÃ GR SODFµZHN
RÐZLDWRZ\FK SU]HGV]NROL V]NµÊ RUD] RF]\ZLÐFLH
RGELRUFµZ LQG\ZLGXDOQ\FK
1DV]\P FHOHP MHVW SURSDJRZDQLH QDXNL SRSU]H] ]DEDZÇ 7ZRU]\P\ JU\ L ]DEDZNL
NWµUH Z SU]\MD]Q\ L SU]\MHPQ\ VSRVµE XF]Ã G]LHFL OLWHU RUWRJUDĆL JUDPDW\NL
PDWHPDW\NL L ZLHOX LQQ\FK U]HF]\
1DV] ]HVSµÊ VNÊDGD VLÇ ] GRÐZLDGF]RQ\FK SURIHVMRQDOLVWµZ QDV]H SRP\VÊ\ VÃ
VSUDZG]DQH SU]H] SHGDJRJµZ ] ZLHOROHWQLP GRÐZLDGF]HQLHP 1DV]Ã PLVMÃ MHVW
VWZRU]HQLH QRZHM MDNRÐFL QDXNL DE\ G]LHFL OHSLHM SU]\VZDMDÊ\ ZLHG]Ç
fff \d[cXVaP R^\ _[
) + 8 ì 08/7,*5$ë 'REU]HZLQR XO 'ÇERZD .LHOQR
&DOO XV QRZ (PDLO KDQGHO#PXOWLJUD FRP SO
6AH 8 I010F :8 43D:02H9=4
0XOWL*UD WR QRZRÐÅ QD SROVNLP U\QNX JLHU
HGXNDF\MQ\FK = SU]\MHPQRÐFLÃ SUH]HQWXMHP\
3DÌVWZX QDV]Ã RIHUWÇ VNLHURZDQÃ GR SODFµZHN
RÐZLDWRZ\FK SU]HGV]NROL V]NµÊ RUD] RF]\ZLÐFLH
RGELRUFµZ LQG\ZLGXDOQ\FK
1DV]\P FHOHP MHVW SURSDJRZDQLH QDXNL SRSU]H] ]DEDZÇ 7ZRU]\P\ JU\ L ]DEDZNL
NWµUH Z SU]\MD]Q\ L SU]\MHPQ\ VSRVµE XF]Ã G]LHFL OLWHU RUWRJUDĆL JUDPDW\NL
PDWHPDW\NL L ZLHOX LQQ\FK U]HF]\
1DV] ]HVSµÊ VNÊDGD VLÇ ] GRÐZLDGF]RQ\FK SURIHVMRQDOLVWµZ QDV]H SRP\VÊ\ VÃ
VSUDZG]DQH SU]H] SHGDJRJµZ ] ZLHOROHWQLP GRÐZLDGF]HQLHP 1DV]Ã PLVMÃ MHVW
VWZRU]HQLH QRZHM MDNRÐFL QDXNL DE\ G]LHFL OHSLHM SU]\VZDMDÊ\ ZLHG]Ç
fff \d[cXVaP R^\ _[
) + 8 ì 08/7,*5$ë 'REU]HZLQR XO 'ÇERZD .LHOQR
&DOO XV QRZ (PDLO KDQGHO#PXOWLJUD FRP SO
1DJURGÇ GOD QDV VÇ XĕPLHFKQLÛWH WZDU]H QDV]\FK &]\WHOQLNµZ
ˊˬ˗˔˪ˡ˜˖˧˪ˢ ˆʵˀ ˜˦˧ˡ˜˘˝˘ ˢ˗ ʥʣʣʧ ˥ˢ˞˨ʡ
ˀ˔ˠˬ ˣˢˡ˔˗ ʥʣʣ ˧ˬ˧˨·ͅ˪ ˭ ˡ˔˝˥ͅκˡ˜˘˝˦˭ˬ˖˛ ˗˭˜˘˗˭˜ˡʡ ˆ͗ ˧ˢ ˞˦˜͗κ˞˜ ˭˔˥ͅ˪ˡˢ ˗˟˔ ˗˭˜˘˖˜ʟ ˝˔˞ ˜ ˗˟˔ ˗ˢ˥ˢ˦·ˬ˖˛ ˖˭ˬ˧˘˟ˡ˜˞ͅ˪ʡ
˂˙˘˥˧˔ ˦˞˜˘˥ˢ˪˔ˡ˔ ˗ˢ ˡ˔˝ˠ·ˢ˗˦˭ˬ˖˛ ˝˘˦˧ ˕˔˥˗˭ˢ ˥ͅκˡˢ˥ˢ˗ˡ˔ʡ ˆ˞·˔˗˔˝͗ ˦˜ͩ ˡ˔ ˡ˜͗ ˭˕˜ˢ˥ˬ ˕˔˝˘˞ʟ ˕˔Νˡ˜ʟ ˟˘˚˘ˡ˗ ˜ ˪˜˘˥˦˭ˬʟ
˔ ˧˔˞κ˘ ˘ˡ˖ˬ˞˟ˢˣ˘˗˜˘ ˜ ˞˦˜͗κ˞˜ ˘˗˨˞˔˖ˬ˝ˡ˘ ˗˟˔ ˗˭˜˘˖˜ ˪ ˪˜˘˞˨ ˣ˥˭˘˗˦˭˞ˢ˟ˡˬˠ ˜ ˪˖˭˘˦ˡˢ˦˭˞ˢ˟ˡˬˠʡ
ʷˢ˥ˢ˦·ˬˠ ˖˭ˬ˧˘˟ˡ˜˞ˢˠ ˣˢ˟˘˖˔ˠˬ ˔˟˕˨ˠˬ ˞˥˔˝ˢ˭ˡ˔˪˖˭˘ ˜ ˧˘ˠ˔˧ˬ˖˭ˡ˘ʟ ˣˢ˥˔˗ˡ˜˞˜ ˗ˢ˧ˬ˖˭͗˖˘ ˦˧ˬ˟˨ κˬ˖˜˔ ˜ ˢ˚˥ˢ˗ˡ˜˖˧˪˔ʟ
˞˦˜͗κ˞˜ ˞˨˟˜ˡ˔˥ˡ˘ʟ ˣ˥˭˘˪ˢ˗ˡ˜˞˜ ˧˨˥ˬ˦˧ˬ˖˭ˡ˘ ˢ˥˔˭ ˔˧˟˔˦ˬ ˗˟˔ ˛ˢ˕˕ˬ˦˧ͅ˪ʡ
ˊˊˊʡˊˌʷʴˊˁʼʶˇˊ˂ˆʵˀʡ˃ʿ
ˆʵˀʳˊˌʷʴˊˁʼʶˇˊ˂ʠˆʵˀʡ˃ʿ
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