J£Úê·Ãü VÅÞæöê ÚæüĈºËöÄ Ã½ɇ
ºÞËÚ¬ ā¬¬¢ ËÚā āöº¬Ɍ
öööɌÃÃĬɌËÃɌ×½
Þº½×ʱÃÃĬɌËÃɌ×½
C C D. Ɍ JCɌV= ·Þæ ÚËā¬ÄÄüà ޺½×Ã
¬ÄæÚÄæËöüà ˣÚê·üà ÚæüĈºËöÄ ÂÌĄāºɇ ýɇ
ºÞËÚ¬ ËÚā āöº¬Ɍ
.ÄÞ׬ÄÞ׬ڷ Ë ×ËöÞæĬ Þº½×ê ü ÄÞā Þüĺ D¬ºË ËÚā
.
ÌÚāº V˽Ɍ s æÚËÞ Ë ÚËāöÌ· ËÚā Þāā¢ß½¬ö
ā¬¬ÅÞæöË ā¬¬ Cà Ĭ ĬêÞæÄĬ ×ËÞā꺬öÂ
¬ºöü©ɇ ā׬āÄü© ËÚā Ä·Ë×Ëö¬Ä¬·Þāü© ½
Ĭ© ºÞËÚ¬Ìö ¬ āöºɌ
]º½×º½× ÞæöËÚāËÄü āËÞæ ā Ãüß½ Ë Ãì ËÚā ā¬ºê Ë
]
׬ÚöÞāü© Ĭ ¬Ąüɇ ×Ë×Úāā ÄÚËā¬Äü Ą Ë ǽǼ Ú˺ê
Ąü¬ ā¬ºɌ
ÞËÚæüÃÞËÚæüÃÄæ Þº½×ê C C D. ˬÚÄü ·Þæ ā Ä·öüĄÞā
ÞæÚÄÄË߬ ËÚā æÚËÞº Ë ÃÂË ÃÃü ËÚā ¬© ×ˬ©üɌ
J£Úê·Ãü  ¤Ã¢ ÞæÚÄĬ öüÞ½º·ËÄËöÄü©ɇ
ËÚü¤¬Ä½Äü© ×ÚËêºæÌö āÚÌöÄË ÃÚº ßö¬æËöü© ·º ¬
×˽޺¬© ×ÚËêÄæÌöɌ
~×öĬÃü VÅÞæöê Ä·öüĄÞāü ×Ëā¬Ëà ËÞÂ꤬ º½¬Äæ
ËÚā ×Úāü·āÄ ÚËā¬ÄÄ æÃËÞ£Ú¢Ɍ
DÞāÞā ×ÚË£Þ·ËĽÄü āÞ×Ì ÞÂêĄü ÞöË· ö¬ā ¬ ×ËÃË
D
æº ü āºê×ü ö ÄÞāüà ޺½×¬ üÂü ½ VÅÞæö
×Úāü·ÃÄ ¬ ā×Ú˽ÃËöɌ
ê½Ɍ ;ÚºËöÞº ǾǾɇ ǿǾɬȂȀǽ VÚā¬ÞāÌö
c½ɌɆ ǿǿ ȄȂ Ȅǽ ȃȃȃ ʹ ȄȄȃ ȃȁǽ ȄǼȁ
öööɌÃÃĬɌËÃɌ×½ ~×ÚÞāÃü Ë āºê×Ìöɉ
Þº½×ʱÃÃĬɌËÃɌ×½
C C D. Ɍ JCɌV= ·Þæ ÚËā¬ÄÄüà ޺½×Ã
¬ÄæÚÄæËöüà ˣÚê·üà ÚæüĈºËöÄ ÂÌĄāºɇ ýɇ
ºÞËÚ¬ ËÚā āöº¬Ɍ
.ÄÞ׬ÄÞ׬ڷ Ë ×ËöÞæĬ Þº½×ê ü ÄÞā Þüĺ D¬ºË ËÚā
.
ÌÚāº V˽Ɍ s æÚËÞ Ë ÚËāöÌ· ËÚā Þāā¢ß½¬ö
ā¬¬ÅÞæöË ā¬¬ Cà Ĭ ĬêÞæÄĬ ×ËÞā꺬öÂ
¬ºöü©ɇ ā׬āÄü© ËÚā Ä·Ë×Ëö¬Ä¬·Þāü© ½
Ĭ© ºÞËÚ¬Ìö ¬ āöºɌ
]º½×º½× ÞæöËÚāËÄü āËÞæ ā Ãüß½ Ë Ãì ËÚā ā¬ºê Ë
]
׬ÚöÞāü© Ĭ ¬Ąüɇ ×Ë×Úāā ÄÚËā¬Äü Ą Ë ǽǼ Ú˺ê
Ąü¬ ā¬ºɌ
ÞËÚæüÃÞËÚæüÃÄæ Þº½×ê C C D. ˬÚÄü ·Þæ ā Ä·öüĄÞā
ÞæÚÄÄË߬ ËÚā æÚËÞº Ë ÃÂË ÃÃü ËÚā ¬© ×ˬ©üɌ
J£Úê·Ãü  ¤Ã¢ ÞæÚÄĬ öüÞ½º·ËÄËöÄü©ɇ
ËÚü¤¬Ä½Äü© ×ÚËêºæÌö āÚÌöÄË ÃÚº ßö¬æËöü© ·º ¬
×˽޺¬© ×ÚËêÄæÌöɌ
~×öĬÃü VÅÞæöê Ä·öüĄÞāü ×Ëā¬Ëà ËÞÂ꤬ º½¬Äæ
ËÚā ×Úāü·āÄ ÚËā¬ÄÄ æÃËÞ£Ú¢Ɍ
DÞāÞā ×ÚË£Þ·ËĽÄü āÞ×Ì ÞÂêĄü ÞöË· ö¬ā ¬ ×ËÃË
D
æº ü āºê×ü ö ÄÞāüà ޺½×¬ üÂü ½ VÅÞæö
×Úāü·ÃÄ ¬ ā×Ú˽ÃËöɌ
ê½Ɍ ;ÚºËöÞº ǾǾɇ ǿǾɬȂȀǽ VÚā¬ÞāÌö
c½ɌɆ ǿǿ ȄȂ Ȅǽ ȃȃȃ ʹ ȄȄȃ ȃȁǽ ȄǼȁ
öööɌÃÃĬɌËÃɌ×½ ~×ÚÞāÃü Ë āºê×Ìöɉ
Þº½×ʱÃÃĬɌËÃɌ×½
/SWQMG^RI -RWTMVEGNI XS SJMGNEPRE WXVSRE M WOPIT MRXIVRIXS[] JMVQ] %8%&) &IEXE '^EO
*MVQE ^ENQYNI WMʚ WTV^IHE˵ʈ EVX]OYɹ[ XIOWX]PR]GL M TS˒GMIPS[]GL SVE^ HSHEXOɹ[ []TSWE˵IRME [RʚXV^
1EV^IRMIQ [E˒GMGMIPOM SH ^E[W^I F]S ^ENQS[ERMI WMʚ []TSWE˵IRMIQ [RʚXV^ (YKS W^YOEE W[SNIN ^E[SHS[IN HVSKM 4SXVEJME
KSH^MREQM TV^IKPʈHEʊ QEKE^]R] M EPFYQ] [RʚXV^EVWOMI ˒PIH^Mʊ FPSKM M WXVSR] TS˒[MʚGSRI XIN XIQEX]GI 2MI WʈH^ME ˵I OMIH]OSP[MIO
SH[E˵] WMʚ RE XEOM OVSO M SXS NIWX
/SWQMG^RI -RWTMVEGNI SJIVYNʈ 4EʿWX[Y TVSHYOX] X]POS REN[]˵W^IN NEOS˒GM FI^TMIG^RI [ Y˵]XOS[ERMY TSWMEHENʈGI WXSWS[RI GIVX]JMOEX]
E E MGL HSHEXOS[]Q EXYXIQ Wʈ OSROYVIRG]NRI GIR]
7OPIT MRXIVRIXS[] /SWQMG^RI -RWTMVEGNI TS[WXE ^ Q]˒Pʈ S /PMIRXEGL OXɹV^] GIRMʈ WSFMI []KSHʚ M OSQJSVX NEOM HENʈ ^EOYT] SRPMRI
>ETVEW^EQ] 4EʿWX[E HS ˒PIH^IRME /SWQMG^R]GL -RWTMVEGNM M WOSV^]WXERME ^ FSKEXIN SJIVX] TVSHYOXɹ[ ^RER]GL TSPWOMGL TVSHYGIRXɹ[
E XEO˵I HSʈG^IRME HS KVSRE ^EHS[SPSR]GL /PMIRXɹ[
%8%&) &IEXE '^EO
(0% (>-)'- ;EVW^E[E YP ,S˵E
(PE REW^]GL RENQSHW^]GL SJIVYNIQ] TVSHYOX] S RMIFEREPR]Q [^SVRMGX[MI /SPSVS[I TSWMEHENʈGI ˵][ʈ M FEV[Rʈ KVEJMOʚ G^ʚWXS 8IPIJSR OSRXEOXS[]
TV^IHWXE[MENʈGI FSLEXIVɹ[ OVIWOɹ[IO M FENIO PYF YPYFMSR]GL ^[MIV^EOɹ[ 4VSHYOX] ^ [M^IVYROMIQ TSTYPEVR]GL OWMʚ˵RMG^IO M OYG]Oɹ[ HPE
H^MI[G^]RIO HPE GLSTGɹ[ QSHIPI YPYFMSR]GL []˒GMKɹ[IO M H^MIPR]GL WYTIVFSLEXIVɹ[ >EMRWTMVYN WMʚ REW^]QM TVSTS^]GNEQM M []FMIV^ [[[ EXEFI IY
TVSHYOX] [ TIRM LEVQSRM^YNʈGI ^ YTSHSFERMEQM 8[SNIKS H^MIGOE QMʚH^] MRR]QM OSH] H^MIGMʚGI TSHYW^OM TS˒GMIPI H^MIGMʚGI TSW^I[OM EXEFI$EXEFI IY
TV^I˒GMIVEHE VʚG^RMOM SVE^ HSHEXOM 3JIVYNIQ] GEOS[MGMI FI^TMIG^RI TVSHYOX] []OSRERI ^ REXYVEPR]GL XOERMR 4S^[ɹP 1EPYGLS[M []FVEʊ
W[[ɹN []QEV^SR] [^ɹV EF] GLʚXRMIN OEH WMʚ HS WRY [˒VɹH W[SMGL YPYFMSR]GL FSLEXIVɹ[
W
/SWQMG^RI -RWTMVEGNI XS SJMGNEPRE WXVSRE M WOPIT MRXIVRIXS[] JMVQ] %8%&) &IEXE '^EO
*MVQE ^ENQYNI WMʚ WTV^IHE˵ʈ EVX]OYɹ[ XIOWX]PR]GL M TS˒GMIPS[]GL SVE^ HSHEXOɹ[ []TSWE˵IRME [RʚXV^
1EV^IRMIQ [E˒GMGMIPOM SH ^E[W^I F]S ^ENQS[ERMI WMʚ []TSWE˵IRMIQ [RʚXV^ (YKS W^YOEE W[SNIN ^E[SHS[IN HVSKM 4SXVEJME
KSH^MREQM TV^IKPʈHEʊ QEKE^]R] M EPFYQ] [RʚXV^EVWOMI ˒PIH^Mʊ FPSKM M WXVSR] TS˒[MʚGSRI XIN XIQEX]GI 2MI WʈH^ME ˵I OMIH]OSP[MIO
SH[E˵] WMʚ RE XEOM OVSO M SXS NIWX
/SWQMG^RI -RWTMVEGNI SJIVYNʈ 4EʿWX[Y TVSHYOX] X]POS REN[]˵W^IN NEOS˒GM FI^TMIG^RI [ Y˵]XOS[ERMY TSWMEHENʈGI WXSWS[RI GIVX]JMOEX]
E E MGL HSHEXOS[]Q EXYXIQ Wʈ OSROYVIRG]NRI GIR]
7OPIT MRXIVRIXS[] /SWQMG^RI -RWTMVEGNI TS[WXE ^ Q]˒Pʈ S /PMIRXEGL OXɹV^] GIRMʈ WSFMI []KSHʚ M OSQJSVX NEOM HENʈ ^EOYT] SRPMRI
>ETVEW^EQ] 4EʿWX[E HS ˒PIH^IRME /SWQMG^R]GL -RWTMVEGNM M WOSV^]WXERME ^ FSKEXIN SJIVX] TVSHYOXɹ[ ^RER]GL TSPWOMGL TVSHYGIRXɹ[
E XEO˵I HSʈG^IRME HS KVSRE ^EHS[SPSR]GL /PMIRXɹ[
%8%&) &IEXE '^EO
(0% (>-)'- ;EVW^E[E YP ,S˵E
(PE REW^]GL RENQSHW^]GL SJIVYNIQ] TVSHYOX] S RMIFEREPR]Q [^SVRMGX[MI /SPSVS[I TSWMEHENʈGI ˵][ʈ M FEV[Rʈ KVEJMOʚ G^ʚWXS 8IPIJSR OSRXEOXS[]
TV^IHWXE[MENʈGI FSLEXIVɹ[ OVIWOɹ[IO M FENIO PYF YPYFMSR]GL ^[MIV^EOɹ[ 4VSHYOX] ^ [M^IVYROMIQ TSTYPEVR]GL OWMʚ˵RMG^IO M OYG]Oɹ[ HPE
H^MI[G^]RIO HPE GLSTGɹ[ QSHIPI YPYFMSR]GL []˒GMKɹ[IO M H^MIPR]GL WYTIVFSLEXIVɹ[ >EMRWTMVYN WMʚ REW^]QM TVSTS^]GNEQM M []FMIV^ [[[ EXEFI IY
TVSHYOX] [ TIRM LEVQSRM^YNʈGI ^ YTSHSFERMEQM 8[SNIKS H^MIGOE QMʚH^] MRR]QM OSH] H^MIGMʚGI TSHYW^OM TS˒GMIPI H^MIGMʚGI TSW^I[OM EXEFI$EXEFI IY
TV^I˒GMIVEHE VʚG^RMOM SVE^ HSHEXOM 3JIVYNIQ] GEOS[MGMI FI^TMIG^RI TVSHYOX] []OSRERI ^ REXYVEPR]GL XOERMR 4S^[ɹP 1EPYGLS[M []FVEʊ
W[[ɹN []QEV^SR] [^ɹV EF] GLʚXRMIN OEH WMʚ HS WRY [˒VɹH W[SMGL YPYFMSR]GL FSLEXIVɹ[
W
/7<'7/ *+5614;%<0' /+#56# -4#-19#
DQ NGMELG JKUVQTKK PKG OWU\Ȱ D[Ȳ PWFPGų
/W\GWO *KUVQT[E\PG /KCUVC -TCMQYC VQ OKGLUEG FNC %KGDKGК 6Q 0QYQE\GUPG /W\GWO OKGLUMKG ::+
YKGMW MVȡTG Y MKNMWPCUVW QFF\KCCEJ QRQYKCFC JKUVQTKɂ -TCMQYC \ TȡʝP[EJ RGTURGMV[Y QF
ɺTGFPKQYKGE\C FQ E\CUȡY YURȡE\GUP[EJ 6W QFD[YCLȰ UKɂ PCLNGRU\G PCLEKGMCYU\G K CMV[YPG NGMELG
JKUVQTKKК 2Q\PCL PCU\Ȱ DQICVC QHGTVɂ GFWMCE[LPȰ CFTGUQYCPȰ FQ F\KGEK Y TȡʝP[O YKGMW
/W\GWO *KUVQT[E\PG /KCUVC -TCMQYC 2CCE -T\[U\VQHQT[
4[PGM )ȡYP[ -TCMȡY
%GPVTWO 1DUWIK <YKGF\CLȰE[EJ VGN
YYY OJM RN ^ KPHQ"OJM RN
24<'&5<-1.# + 5<-1;
/W\GWO *KUVQT[E\PG /KCUVC -TCMQYC RTQRQPWLG U\GTQMK Y[DȡT NGMELK K YCTU\VCVȡY CFTGUQYCP[EJ FQ F\KGEK
PC MCʝF[O U\E\GDNW GFWMCELK \CE\[PCLȰE QF RT\GFU\MQNK MQɧE\ȰE PC WE\PKCEJ U\Mȡ RQPCFIKOPC\LCNP[EJ
#MV[YPC Y[OKCPC O[ɺNK RTCEC Y \CD[VMQY[EJ YPɂVT\CEJ RT\[ Y[MQT\[UVCPKW OW\GCNP[EJ TGMYK\[VȡY
URT\[LC TQ\YKLCPKW MTGCV[YPQɺEK RQDWF\C EKGMCYQɺȲ C RT\GFG YU\[UVMKO WYTCʝNKYKC OQF[EJ
WE\GUVPKMȡY \CLɂȲ PC RQ\PCYCPKG RKɂMPC VTCF[ELK MWNVWT[ K YKGNQYKGMQYGL JKUVQTKK -TCMQYC
9 EGNW FQMQPCPKC TG\GTYCELK NGMELK
YCTU\VCVȡY NWD URCEGTW PCNGʝ[
UMQPVCMVQYCȲ UKɂ \ YCɺEKY[O
QFF\KCGO /W\GWO *KUVQT[E\PGIQ
/KCUVC -TCMQYC Y MVȡT[O FQEGNQYQ
QFDɂFȰ UKɂ \CLɂEKC
0WWOGT[ MQPVCMVQYG QTC\ CFTGU[ G OCKN
0
\PCLF\KGEKG 2CɧUVYQ Y \CMCFEG
1&&<+#;
%'00+-
NGMELG OW\GCNPG \ ITWRC
YCTU\VCV[ \ ITWRC
NGMELG Y VGTGPKG \ ITWRC
NGMELG Y U\MQNG \ ITWRC
QRTQYCF\CPKG RQ Y[UVCYCEJ UVC[EJ
\ ITWRC DKNGV YUVɂRW
QR QRTQYCF\CPKG RQ Y[UVCYCEJ
E\CUQY[EJ Y QFF\KCCEJ 2CCE RQF
-T\[U\VQHQT[ &\KGLG 0QYGL *WV[ K &QO
<YKGT\[PKGEMK \ ITWRC DKNGV
YUVɂRW
QRTQYCF\CPKG RQ Y[UVCYKG UVCGL
Y QFF\KCNG QFF\KCNG (CDT[MC 'OCNKC 1UMCTC
Y
5EJKPFNGTC ť WUWIC Y EGPKG DKNGVW
WUWIC RT\GYQFPKMC Y QFF\KCNG
2QF\KGOKC 4[PMW \ ITWRC DKNGV
YUVɂRW
\CLɂEKC \ -T\[U\ \CLɂEKC \ -T\[U\VQHQTMKGO NWD
&QTQVMȰ MQU\V YCTU\VCVȡY \ \C
WF\KC CMVQTC QF ITWR[
YYY OJM RN
41&<+%' < &<+'ȱ/+
<CDCYC MVȡTC WE\[ VQ JCUQ RT\GYQFPKG E[MNW URQVMCɧ FNC F\KGEK 9 KEJ VTCMEKG OCNK QFMT[YE[ RQ\PCLȰ
RQRT\G\ IT[ \CDCY[ URCEGT[ K URQVMCPKC YCTU\VCVQYG VCLGOPKEG K UGMTGV[ OCIKE\PGIQ -TCMQYC 0C
PCLOQFU\[EJ QFYKGF\CLȰE[EJ /W\GWO E\GMCLȰ Y EKȰIW TQMW TȡYPKGʝ KPPG EKGMCYG RTQRQ\[ELG VCMKG
EJQEKCʝD[ LCM HGTKG E\[ NCVQ Y OW\GWO
/7<'1/#0+# 9 MCʝF[O TQMW U\MQNP[O \CRTCU\CO[ PC E[MN \CLɂȲ FNC F\KGEK K OQF\KGʝ[ Y TCOCEJ
/W\GQOCPKK #MCFGOKC /CGIQ 1FMT[YE[ QTC\ #MCFGOKC /CGIQ 1FMT[YE[ ':64#К /C[ YKGNMK
-TCMȡY 6CLGOPKE\[ MWHGT 5Ȱ VQ MTGCV[YPG URQVMCPKC YCTU\VCVQYG QTC\ URCEGT[ OKGLUMKG %Q TQM
PQY[ RTQITCOК 9KɂEGL PC YYY OJM RN OW\GQOCPKC
#MCFGOKC /CGIQ 1FMT[YE[
2TQITCO FGF[MQYCP[ YU\[UVMKO IQFP[O YKGF\[ K YTCʝGɧ OC[O
QFMT[YEQO Y YKGMW NCV QTC\ KEJ TQF\KEQO MVȡT\[ Y CMV[YP[ K VYȡTE\[
URQUȡD RTCIPȰ RQ\PCYCȲ -TCMȡY Y[TCUVCLȰE V[O UCO[O PC RTCYF\KY[EJ
\PCYEȡY C \CTC\GO OKQɺPKMȡY LGIQ F\KGLȡY K MWNVWTQYGIQ F\KGF\KEVYC
2QFQDPKG LCM -T\[U\VQHQTGM K &QTQVMC ť DQJCVGTQYKG OW\GCNPGIQ E\CUQRKUOC
Ů-T\[U\VQHQTGMŭ ť MVȡT\[ YURȡNPKG \ F\KGȲOK WE\GUVPKE\Ȱ Y Y[DTCP[EJ \CLɂEKCEJ
/C[ YKGNMK -TCMȡY
%[MN OKGLUMKEJ URCEGTȡY FNC F\KGEK Y YKGMW ť NCV QTC\ KEJ TQF\KEȡY
6TCU[ K VGOCV[MC URCEGTȡY UȰ VCM RT\GO[ɺNCPG CD[ Y OQFU\[EJ WE\GUVPKMCEJ
Y\DWF\KȲ EKGMCYQɺȲ ɺYKCVC K \COKQYCPKG FQ QFMT[YCPKC VCLGOPKE -TCMQYC
9[EKGE\MK VTYCLȰ PKGEQ RQPCF IQF\KPɂ
6CLGOPKE\[ MWHGT
2TQITCO UMKGTQYCP[ FQ MTGCV[YP[EJ K EKGMCY[EJ ɺYKCVC OCNWEJȡY Y YKGMW
NCV QTC\ KEJ TQF\KEȡY MVȡT\[ RTCIPȰ YURKGTCȲ YU\GEJUVTQPP[ TQ\YȡL UYQKEJ
RQEKGEJ LWʝ QF PCLOQFU\[EJ NCV -CʝFG URQVMCPKG MQPEGPVTWLG UKɂ PC Y[DTCP[O
RT\GFOKQEKG ť ɺYKCFMW OKPKQP[EJ YKGMȡY K RQ\YCNC F\KGEKQO PC UVCYKCPKG
RKGTYU\[EJ MTQMȡY Y ɺYKGEKG RT\GU\QɺEK <CEJɂEC KEJ V[O UCO[O FQ
KPVGTCMV[YPGIQ RQ\PCYCPKC JKUVQTKK K MWNVWT[ -TCMQYC
#MCFGOKC /CGIQ 1FMT[YE[ ':64#К
2TQITCO FGF[MQYCP[ YU\[UVMKO IQFP[O YKGF\[
K YTCʝGɧ OC[O QFMT[YEQO QTC\ KEJ TQF\KEQO MVȡT\[
Y CMV[YP[ K VYȡTE\[ URQUȡD RTCIPȰ RQ\PCYCȲ -TCMȡY
Y[TCUVCLȰE V[O UCO[O PC RTCYF\KY[EJ \PCYEȡY
C \CTC\GO OKQɺPKMȡY LGIQ F\KGLȡY K MWNVWTQYGIQ
F\KGF\KEVYC 2QFQDPKG LCM -T\[U\VQHQTGM K &QTQVMC ť
DQJCVGTQYKG OW\GCNPGIQ E\CUQRKUOC Ů-T\[U\VQHQTGMŭ ť
M
MVVȡT\[ YURȡNPKG \ F\KGȲOK WE\GUVPKE\Ȱ Y Y[DTCP[EJ
\CLɂEKCEJ
YYY OJM RN
-4<;5<61(14'-
%\[VCLК $CY UKɂК <YKGF\CL -TCMȡYК %\CUQRKUOQ FNC /C[EJ 1FMT[YEȡY MVȡT\[ YTC\ \ LGIQ DQJCVGTCOK
ť -T\[U\VQHQTMKGO K &QTQVMȰ QFMT[YCLȰ RT\GU\QɺȲ FCYPGL UVQNKE[ RCɧUVYC -T\[U\VQHQTGM VQ
DQICEVYQ VTGɺEK IT[ K \CDCY[ QTC\ YURCPKCC U\CVC ITCƓE\PC
52'-6#-.' &.# &<+'%+ 9 9+'-7 .#6
9 EKȰIW TQMW QFD[YC UKɂ MKNMCPCɺEKG URGMVCMNK Q TȡʝPGL VGOCV[EG \ -T\[U\VQHQTMKGO K &QTQVMȰ Y TQNK
IȡYPGL 9 DCTYP[ K F[PCOKE\P[ URQUȡD RT\GFUVCYKCLȰ TȡʝPG JKUVQTKG \CD[VMQYGIQ -TCMQYC
2T\Gʝ[L \ PCOK YURCPKCȰ RT\[IQFɂК
YYY OJM RN ^ KPHQ"OJM RN
/W\GWO *KUVQT[E\PG /KCUVC -TCMQYC 2CCE -T\[U\VQHQT[
4[PGM )ȡYP[ -TCMȡY
%GPVTWO 1DUWIK <YKGF\CLȰE[EJ VGN
HWPMELQPCNPQɮȦ GUVGV[MC 6YQLG \CFQYQNGPKG
9KVCO[ PC UVTQPKG ƒTO[ /'6.+0' ,GUVGɮO[ FQUVCYEȤ Y[UQMKGL
LCMQɮEK OGDNK Wʑ[VMQY[EJ MVȕTG QF\PCE\CLȤ UKȶ RQPCFRT\GEKȶVPȤ
GUVGV[MȤ QTC\ Y[LȤVMQYȤ HWPMELQPCNPQɮEKȤ 9[TQD[ RQYUVCLȤ PC
DC\KG FQDT[EJ ICVWPMQYQ OCVGTKCȕY Y[MQɛE\QP[EJ Y Y[UQMKO
UVCPFCTF\KG F\KȶMK E\GOW QF\PCE\CLȤ UKȶ QFRQTPQɮEKȤ PC F\KCCPKG
E\[PPKMȕY \GYPȶVT\P[EJ QTC\ WU\MQF\GPKC OGEJCPKE\PG
U\CHMK WDTCPKQYG $*2
U\CHMK ɮPKCFCPKQYG
U\CHMK FGRQ\[VQYG
U\CHMK PC QF\KGʑ E\[UVȤ DTWFPȤ
U\CH[ CMVQYG
U\CH[ MCTVQVGMQYG
ICDNQV[ QIQU ICDNQV[ QIQU\GPKQYG
5\CHMK FQ U\Mȕ
K RT\GFU\MQNK
$T\G\KPMC WN 5QPGE\PC
#PFT[EJȕY
KPHQNKPKC
HCZ
VGN
G OCKN DKWTQ"OGVNKPG EQO RN
YYY UMNGR OGVNKPG EQO RN
HWPMELQPCNPQɮȦ GUVGV[MC 6YQLG \CFQYQNGPKG
9KVCO[ PC UVTQPKG ƒTO[ /'6.+0' ,GUVGɮO[ FQUVCYEȤ Y[UQMKGL
LCMQɮEK OGDNK Wʑ[VMQY[EJ MVȕTG QF\PCE\CLȤ UKȶ RQPCFRT\GEKȶVPȤ
GUVGV[MȤ QTC\ Y[LȤVMQYȤ HWPMELQPCNPQɮEKȤ 9[TQD[ RQYUVCLȤ PC
DC\KG FQDT[EJ ICVWPMQYQ OCVGTKCȕY Y[MQɛE\QP[EJ Y Y[UQMKO
UVCPFCTF\KG F\KȶMK E\GOW QF\PCE\CLȤ UKȶ QFRQTPQɮEKȤ PC F\KCCPKG
E\[PPKMȕY \GYPȶVT\P[EJ QTC\ WU\MQF\GPKC OGEJCPKE\PG
U\CHMK WDTCPKQYG $*2
U\CHMK ɮPKCFCPKQYG
U\CHMK FGRQ\[VQYG
U\CHMK PC QF\KGʑ E\[UVȤ DTWFPȤ
U\CH[ CMVQYG
U\CH[ MCTVQVGMQYG
ICDNQV[ QIQU ICDNQV[ QIQU\GPKQYG
5\CHMK FQ U\Mȕ
K RT\GFU\MQNK
$T\G\KPMC WN 5QPGE\PC
#PFT[EJȕY
KPHQNKPKC
HCZ
VGN
G OCKN DKWTQ"OGVNKPG EQO RN
YYY UMNGR OGVNKPG EQO RN
HWPMELQPCNPQɮȦ GUVGV[MC 6YQLG \CFQYQNGPKG
QQȦ
0Yɮ
W U
P C F T M P C \ C H CJ
ME
$T\G\KPMC WN 5QPGE\PC
#PFT[EJȕY
KPHQNKPKC
HCZ
VGN
G OCKN DKWTQ"OGVNKPG EQO RN
YYY UMNGR OGVNKPG EQO RN
HWPMELQPCNPQɮȦ GUVGV[MC 6YQLG \CFQYQNGPKG
QQȦ
0Yɮ
W U
P C F T M P C \ C H CJ
ME
$T\G\KPMC WN 5QPGE\PC
#PFT[EJȕY
KPHQNKPKC
HCZ
VGN
G OCKN DKWTQ"OGVNKPG EQO RN
YYY UMNGR OGVNKPG EQO RN
2GNU\M Z VRELH %U]\GDOD
1-64;",* * ("%Lj&5: *//& /*Lj 84;:45,*&
8JUBNZ X CS[ZEBMPXJF
8 #S[ZEBMPXJF KBL X QSBXE[JXZN ȈZDJV OJF NB EVHPXPTZDI LTJǗȈOJD[FL SZDFS[Z X MǴOJnjDZDI [CSPKBDI D[Z
TLS[BUØX [BQMBUBKnjDZDI LPOJPN HS[ZXZ 5P [VQFOJF JOOB CBKLB *OOB CP QSBXE[JXB 8 NJBTUFD[LV OB
SZOFD[LV NPȈOB XQBǴǎ OB NJFT[LBǩDØX LUØS[Z Tnj EP OBT CBSE[JFK QPEPCOJ OJȈ NPHPCZ TJǗ XZEBXBǎ
#P KBL ǴQJFXB 8JFT[D[ 8DBMF OJF P UP DIPE[J KBL DP LPNV XZDIPE[J -JD[Z TJǗ XJBSB
X TJFCJF QS[FLPOBOJF P XBTOFK XZKnjULPXPǴDJ J EPCSB [BCBXB " KBL LUPǴ DIDF OBT EPPXBǎ LSZUZLPXBǎ
XZKnjULPXF QMVT[BLJSØE LUØSZDI LBȈEF [OBKE[JF TXPKF BMUFS FHP o OJFDI TQBEB OB ES[FXP T[ZT[LJ CVKBǎ J QPNQPXBǎ
XǴ
0QSØD[ UZDI LUØS[Z OJF XJFE[nj DP UP [OBD[Z
XXX CS[ZEBMF QM
1MBD 4US[FMFDLJ 8SPDBX TLMFQ!CS[ZEBMF QM
2GNU\M Z VRELH %U]\GDOD
1-64;",* * ("%Lj&5: *//& /*Lj 84;:45,*&
8JUBNZ X CS[ZEBMPXJF
8 #S[ZEBMPXJF KBL X QSBXE[JXZN ȈZDJV OJF NB EVHPXPTZDI LTJǗȈOJD[FL SZDFS[Z X MǴOJnjDZDI [CSPKBDI D[Z
TLS[BUØX [BQMBUBKnjDZDI LPOJPN HS[ZXZ 5P [VQFOJF JOOB CBKLB *OOB CP QSBXE[JXB 8 NJBTUFD[LV OB
SZOFD[LV NPȈOB XQBǴǎ OB NJFT[LBǩDØX LUØS[Z Tnj EP OBT CBSE[JFK QPEPCOJ OJȈ NPHPCZ TJǗ XZEBXBǎ
#P KBL ǴQJFXB 8JFT[D[ 8DBMF OJF P UP DIPE[J KBL DP LPNV XZDIPE[J -JD[Z TJǗ XJBSB
X TJFCJF QS[FLPOBOJF P XBTOFK XZKnjULPXPǴDJ J EPCSB [BCBXB " KBL LUPǴ DIDF OBT EPPXBǎ LSZUZLPXBǎ
XZKnjULPXF QMVT[BLJSØE LUØSZDI LBȈEF [OBKE[JF TXPKF BMUFS FHP o OJFDI TQBEB OB ES[FXP T[ZT[LJ CVKBǎ J QPNQPXBǎ
XǴ
0QSØD[ UZDI LUØS[Z OJF XJFE[nj DP UP [OBD[Z
XXX CS[ZEBMF QM
1MBD 4US[FMFDLJ 8SPDBX TLMFQ!CS[ZEBMF QM
#3;:%"-& 1-64;",* #3;:%"-08& ("%Lj&5:
1S[FETUBXJBNZ 8BN CS[ZEBMPXF QMVT[BLJ (BMFSJǗ PUXJFSB -6-6 [ CBLDZMFN QPESØȈOJD[LJ LUØSB DIDF /B OBT[FK CS[ZEBMOFK TUSPOJF NPȈOB CMJȈFK QP[OBǎ LBȈEFHP [ #S[ZEBMJ 4nj UP TUXPSZ LUØSF NJFT[LBKnj
[KFȇE[Jǎ DBZ ǴXJBU ."9 UP XSBȈMJXZ UXBSE[JFM [BLPDIBOZ X NPUPDZLMBDI .*" KFTU VSPE[POnj GBTIJPOJTULnj X UǗUOJnjDZN ȈZDJFN #S[ZEBMPXJF LjZKnj POF X LPǴMBXZDI OJFJEFBMOZDI EPNBDI HPUVKnj OJFKBEBMOF QPUSBXZ
XJF DP KFTU USFOEZ OJF NØXJnjD KVȈ P UZN ȈF KFTU TQFDKBMJTULnj PE XZQS[FEBȈZ 5BN HE[JF KFTU EPCSB NV[B KFTU J XDBMF OJF [BKNVKnj TJǗ UZMLP J XZnjD[OJF QPȈZUFD[OZNJ S[FD[BNJ 1ǗE[nj OJF[XZLMF CBSXOZ ȈZXPU X LUØSZN
UFȈ J #0/0 LUØSZ SP[LSǗDJ LBȈEnj JNQSF[Ǘ 5*50 BSUZǴDJF QPLPOZ NPHnj CJǎ 1JDBTTP 7BO (PHI J DBB SFT[UB KFTU NJFKTDF OB QPQFOJBOJF CǗEØX J CZDJF UBLJN KBLJN DIDF TJǗ CZǎ 1P[B UZN LBȈEZ #S[ZEBM NB DPǴ D[FHP
.BDJF DPǴ OB TVNJFOJV NPȈF OBT QP DJDIV OBVD[Zǎ KFǴMJ HP P UP QPQSPTJNZ B NJBOPXJDJF VȈZXBOJB XZPCSBȇOJ %MBUFHP SP[EBKnj
TPCJF OBX[BKFN PSZHJOBMOF QSF[FOUZ
1-/
5*50
50-0
/" 13&;&/5
#S[ZEBMF UP KFEZOF X TXPJN SPE[BKV PSZHJOBMOF QSF[FOUZ LUØSZDI XBȈOnj DFDInj KFTU UP ȈF QPEPCBKnj TJǗ
LBȈEFNV LUP TUB TJǗ JDI QPTJBEBD[FN ;FTQØ QS[FSØȈOZDI DFDI DIBSBLUFSV SØȈOPSPEOPǴǎ HBMFSJJ
PTPCPXPǴDJ SFQSF[FOUVKnjDZDI MJD[OF QBTKF J [BJOUFSFTPXBOJB B QS[Z UZN ǴXJFUOB KBLPǴǎ XZLPOBOJB #S[ZEBMJ
J XT[ZTULJDI HBEȈFUØX EFEZLPXBOZDI UFK NBSDF UP D[ZOOJLJ LUØSF EBKnj HXBSBODKǗ [BJOUFSFTPXBOJB
QSPEVLUFN OJF[BMFȈOJF PE XJFLV PECJPSDØX
-&7* "#0$0 0+00+
/0#""
."9
1MBD 4US[FMFDLJ 8SPDBX
TLMFQ!CS[ZEBMF QM
XXX CS[ZEBMF QM
#3;:%"-& 1-64;",* #3;:%"-08& ("%Lj&5:
1S[FETUBXJBNZ 8BN CS[ZEBMPXF QMVT[BLJ (BMFSJǗ PUXJFSB -6-6 [ CBLDZMFN QPESØȈOJD[LJ LUØSB DIDF /B OBT[FK CS[ZEBMOFK TUSPOJF NPȈOB CMJȈFK QP[OBǎ LBȈEFHP [ #S[ZEBMJ 4nj UP TUXPSZ LUØSF NJFT[LBKnj
[KFȇE[Jǎ DBZ ǴXJBU ."9 UP XSBȈMJXZ UXBSE[JFM [BLPDIBOZ X NPUPDZLMBDI .*" KFTU VSPE[POnj GBTIJPOJTULnj X UǗUOJnjDZN ȈZDJFN #S[ZEBMPXJF LjZKnj POF X LPǴMBXZDI OJFJEFBMOZDI EPNBDI HPUVKnj OJFKBEBMOF QPUSBXZ
XJF DP KFTU USFOEZ OJF NØXJnjD KVȈ P UZN ȈF KFTU TQFDKBMJTULnj PE XZQS[FEBȈZ 5BN HE[JF KFTU EPCSB NV[B KFTU J XDBMF OJF [BKNVKnj TJǗ UZMLP J XZnjD[OJF QPȈZUFD[OZNJ S[FD[BNJ 1ǗE[nj OJF[XZLMF CBSXOZ ȈZXPU X LUØSZN
UFȈ J #0/0 LUØSZ SP[LSǗDJ LBȈEnj JNQSF[Ǘ 5*50 BSUZǴDJF QPLPOZ NPHnj CJǎ 1JDBTTP 7BO (PHI J DBB SFT[UB KFTU NJFKTDF OB QPQFOJBOJF CǗEØX J CZDJF UBLJN KBLJN DIDF TJǗ CZǎ 1P[B UZN LBȈEZ #S[ZEBM NB DPǴ D[FHP
.BDJF DPǴ OB TVNJFOJV NPȈF OBT QP DJDIV OBVD[Zǎ KFǴMJ HP P UP QPQSPTJNZ B NJBOPXJDJF VȈZXBOJB XZPCSBȇOJ %MBUFHP SP[EBKnj
TPCJF OBX[BKFN PSZHJOBMOF QSF[FOUZ
1-/
5*50
50-0
/" 13&;&/5
#S[ZEBMF UP KFEZOF X TXPJN SPE[BKV PSZHJOBMOF QSF[FOUZ LUØSZDI XBȈOnj DFDInj KFTU UP ȈF QPEPCBKnj TJǗ
LBȈEFNV LUP TUB TJǗ JDI QPTJBEBD[FN ;FTQØ QS[FSØȈOZDI DFDI DIBSBLUFSV SØȈOPSPEOPǴǎ HBMFSJJ
PTPCPXPǴDJ SFQSF[FOUVKnjDZDI MJD[OF QBTKF J [BJOUFSFTPXBOJB B QS[Z UZN ǴXJFUOB KBLPǴǎ XZLPOBOJB #S[ZEBMJ
J XT[ZTULJDI HBEȈFUØX EFEZLPXBOZDI UFK NBSDF UP D[ZOOJLJ LUØSF EBKnj HXBSBODKǗ [BJOUFSFTPXBOJB
QSPEVLUFN OJF[BMFȈOJF PE XJFLV PECJPSDØX
-&7* "#0$0 0+00+
/0#""
."9
1MBD 4US[FMFDLJ 8SPDBX
TLMFQ!CS[ZEBMF QM
XXX CS[ZEBMF QM
3°ñē ÷ĖÜçÝãÄ
3°ñē Ñ ñÝ°ã÷ĖÄȤ ÜüèôÄ ñçüôĖÄ»þÛļÑÄȩ
XēÀ°đãѼüđ° HL# . NE8 EL
4ÑÄÜüèôÄ ã°÷ĖÄ ñôçÀþÜüē ñç÷Ñ°À°Û· ¼ÄôüēķÜ°ü øôçÀÜèđ ÀēÀ°Üüē¼Ėãē¼Ð Ė°Ýļ°ãē¼Ð đ ÷đçÛÄÛ çÍÄô¼ÑÄ ñôçñçãþÛÄ ñçã°À
Àç þęēüÜþ ÷ĖÜçÝãÄÎçȩ ã°À°ãē ñôĖÄĖ 3ÑãÑ÷üô° ÀþÜ°¼ÛÑ 4°ôçÀçđÄÛ Ñ HñçôüþȮ ƽƴ üēüþáèđ â°ñ đ üēâ ÀĖÑ°á ÷ĖÜçÝãē
Ė â°ñ°âÑ ķĖē¼ĖãēâÑȤ ñçÝÑüē¼ĖãēâÑȣ
IđÑ°ü°Ȥ þôçñēȤ ÜçãüēãÄãüèđȤ
ñ°ä÷üđ çô°Ė â°ñē ÀÝ° ķôâȣ
ÀôçÎçđÄȤ ÜçÀçđÄȤ çôΰãÑĖ°¼ēÛãÄȤ
ñ°ãç°ãçô°âѼĖãÄ Ñ ÷°üÄÝÑü°ôãÄȩ
BÝ°ã÷ĖÄ ñ
XēÀ°đãѼüđ° HL# . NE8 EL
á·¼Ė·¼ üô°Àē¼ēÛãÄ Ñ ãçđç¼ĖÄ÷ãÄ Bçâç¼Ä ñôĖÄÀ÷ĖÜçÝãÄ
ñçâç¼Ä ÀēÀ°Üüē¼ĖãÄ Àç đ÷ñÑÄô°ãÑ°
Ñããçđ°¼ēÛãē¼Ð Íçôâ Ü÷Ėü°á¼ÄãÑ°
çÍÄôþÛÄ ñçã°À Ƶƴƴ üēüþáèđ ñÝ°ã÷Ė
ÄÀþÜ°¼ēÛãē¼Ð Ɏ ø¼ÑÄããē¼Ðȩ çΰüÄ đ 4çđç¼ĖÄ÷ãÄ ¼ēÍôçđÄ ÑãüÄô°ÜüēđãÄ ã°ôĖÌÀĖÑ° Àç ã°þ¼Ė°ãÑ° ÀĖÑÄ¼Ñ đ đÑÄÜþ ñôĖÄÀ÷ĖÜçÝãēâ Ñ ÷ĖÜçÝãēâȤ
üôÄø¼ÑȤ ç»ô°ĖēȤ đēÜôÄ÷ēȤ ÷¼ÐÄâ°üēȤ ñôçÎô°âē ÑãüÄô°ÜüēđãÄȤ ñÝ°ã÷ĖÄ Àç ÎÑÄô Ñ Ė°»°đȤ ÜÝç¼ÜÑ BçÝēÀôçãȤ çô°Ė üô°Àē¼ēÛãÄ ñÝ°ã÷ĖÄ ø¼ÑÄããÄ
½đѼđѼĖÄãÑ° Ñ ÑãÍçôâ°¼ÛÄ ñÝ°ã÷ĖÄ ÷·
½ Üçã¼ÄãüôþÛ· ÷ÑÌ ã° đ÷ĖļÐ÷üôçããēâ ôçĖđçÛþ ç÷ç»çđçø¼Ñ ÀĖÑļܰȩ HüēâþÝþÛ· çãÄ ÝçÎѼĖãÄ âēøÝÄãÑÄȤ
¼Äããēâ ėôèÀáÄâ đÑÄÀĖē ÀÝ° þâÑÄÛÌüãçø¼Ñ ÜçâþãÑÜ°¼ēÛãÄȤ ñç÷üôĖÄΰãÑÄ çôÑÄãü°¼ÛÑ ñôĖÄ÷üôĖÄããÄÛ çô°Ė ôçĖđèÛ þâÑÄÛÌüãçø¼Ñ
þ¼ĖãÑèđ ÷ĖÜèá ñçÀ÷ü°đçđē¼ÐȤ âçüçôē¼Ėãē¼Ðȩ X÷Ėē÷üÜÑÄ ñçâç¼Ä ÀēÀ°Üüē¼ĖãÄ ñôçâçđ°ãÑ° ÄÀþÜ°¼ÛÑ Ñ þ¼ĖÄãÑ° ÷ÑÌ ñôĖÄĖ Ė°»°đÌ ÷·
ÎÑâã°ĖÛèđ Ñ ÷ĖÜèá øôÄÀãѼÐȩ ĖÎçÀãÄ Ė ãçôâ°âÑ »ÄĖñÑļĖÄä÷üđ° NãÑÑ þôçñÄÛ÷ÜÑÄÛȩ
HL# . NE8 EL -ôē÷üÑ°ã -çâ°ãÀÄô
8Àôçđ·ę þÝȩ XÑÄÛ÷Ü° Ƶƻ Ȥ ƸƻɎƷƵƺ èô°ęÀęÄ
üÄÝȩȣ ʖƸƼ ƻƻ Ƹƺƻƻ ƷƼƼȤ âç»ÑÝȣ ʖƸƼ ƹƴƶ ƹƶƸ ƺƼƽ
đđđȮâ°ñē÷ĖÜçÝãÄȮñÝ
3°ñē ÷ĖÜçÝãÄ
3°ñē Ñ ñÝ°ã÷ĖÄȤ ÜüèôÄ ñçüôĖÄ»þÛļÑÄȩ
XēÀ°đãѼüđ° HL# . NE8 EL
4ÑÄÜüèôÄ ã°÷ĖÄ ñôçÀþÜüē ñç÷Ñ°À°Û· ¼ÄôüēķÜ°ü øôçÀÜèđ ÀēÀ°Üüē¼Ėãē¼Ð Ė°Ýļ°ãē¼Ð đ ÷đçÛÄÛ çÍÄô¼ÑÄ ñôçñçãþÛÄ ñçã°À
Àç þęēüÜþ ÷ĖÜçÝãÄÎçȩ ã°À°ãē ñôĖÄĖ 3ÑãÑ÷üô° ÀþÜ°¼ÛÑ 4°ôçÀçđÄÛ Ñ HñçôüþȮ ƽƴ üēüþáèđ â°ñ đ üēâ ÀĖÑ°á ÷ĖÜçÝãē
Ė â°ñ°âÑ ķĖē¼ĖãēâÑȤ ñçÝÑüē¼ĖãēâÑȣ
IđÑ°ü°Ȥ þôçñēȤ ÜçãüēãÄãüèđȤ
ñ°ä÷üđ çô°Ė â°ñē ÀÝ° ķôâȣ
ÀôçÎçđÄȤ ÜçÀçđÄȤ çôΰãÑĖ°¼ēÛãÄȤ
ñ°ãç°ãçô°âѼĖãÄ Ñ ÷°üÄÝÑü°ôãÄȩ
BÝ°ã÷ĖÄ ñ
XēÀ°đãѼüđ° HL# . NE8 EL
á·¼Ė·¼ üô°Àē¼ēÛãÄ Ñ ãçđç¼ĖÄ÷ãÄ Bçâç¼Ä ñôĖÄÀ÷ĖÜçÝãÄ
ñçâç¼Ä ÀēÀ°Üüē¼ĖãÄ Àç đ÷ñÑÄô°ãÑ°
Ñããçđ°¼ēÛãē¼Ð Íçôâ Ü÷Ėü°á¼ÄãÑ°
çÍÄôþÛÄ ñçã°À Ƶƴƴ üēüþáèđ ñÝ°ã÷Ė
ÄÀþÜ°¼ēÛãē¼Ð Ɏ ø¼ÑÄããē¼Ðȩ çΰüÄ đ 4çđç¼ĖÄ÷ãÄ ¼ēÍôçđÄ ÑãüÄô°ÜüēđãÄ ã°ôĖÌÀĖÑ° Àç ã°þ¼Ė°ãÑ° ÀĖÑÄ¼Ñ đ đÑÄÜþ ñôĖÄÀ÷ĖÜçÝãēâ Ñ ÷ĖÜçÝãēâȤ
üôÄø¼ÑȤ ç»ô°ĖēȤ đēÜôÄ÷ēȤ ÷¼ÐÄâ°üēȤ ñôçÎô°âē ÑãüÄô°ÜüēđãÄȤ ñÝ°ã÷ĖÄ Àç ÎÑÄô Ñ Ė°»°đȤ ÜÝç¼ÜÑ BçÝēÀôçãȤ çô°Ė üô°Àē¼ēÛãÄ ñÝ°ã÷ĖÄ ø¼ÑÄããÄ
½đѼđѼĖÄãÑ° Ñ ÑãÍçôâ°¼ÛÄ ñÝ°ã÷ĖÄ ÷·
½ Üçã¼ÄãüôþÛ· ÷ÑÌ ã° đ÷ĖļÐ÷üôçããēâ ôçĖđçÛþ ç÷ç»çđçø¼Ñ ÀĖÑļܰȩ HüēâþÝþÛ· çãÄ ÝçÎѼĖãÄ âēøÝÄãÑÄȤ
¼Äããēâ ėôèÀáÄâ đÑÄÀĖē ÀÝ° þâÑÄÛÌüãçø¼Ñ ÜçâþãÑÜ°¼ēÛãÄȤ ñç÷üôĖÄΰãÑÄ çôÑÄãü°¼ÛÑ ñôĖÄ÷üôĖÄããÄÛ çô°Ė ôçĖđèÛ þâÑÄÛÌüãçø¼Ñ
þ¼ĖãÑèđ ÷ĖÜèá ñçÀ÷ü°đçđē¼ÐȤ âçüçôē¼Ėãē¼Ðȩ X÷Ėē÷üÜÑÄ ñçâç¼Ä ÀēÀ°Üüē¼ĖãÄ ñôçâçđ°ãÑ° ÄÀþÜ°¼ÛÑ Ñ þ¼ĖÄãÑ° ÷ÑÌ ñôĖÄĖ Ė°»°đÌ ÷·
ÎÑâã°ĖÛèđ Ñ ÷ĖÜèá øôÄÀãѼÐȩ ĖÎçÀãÄ Ė ãçôâ°âÑ »ÄĖñÑļĖÄä÷üđ° NãÑÑ þôçñÄÛ÷ÜÑÄÛȩ
HL# . NE8 EL -ôē÷üÑ°ã -çâ°ãÀÄô
8Àôçđ·ę þÝȩ XÑÄÛ÷Ü° Ƶƻ Ȥ ƸƻɎƷƵƺ èô°ęÀęÄ
üÄÝȩȣ ʖƸƼ ƻƻ Ƹƺƻƻ ƷƼƼȤ âç»ÑÝȣ ʖƸƼ ƹƴƶ ƹƶƸ ƺƼƽ
đđđȮâ°ñē÷ĖÜçÝãÄȮñÝ
#ãüÄô°ÜüēđãÄ ñôçÎô°âē ÄÀþÜ°¼ēÛãÄ
HL# . NE8 EL -ôē÷üÑ°ã -çâ°ãÀÄô
4çđç¼ĖÄ÷ãÄ ¼ēÍôçđÄ ÑãüÄô°ÜüēđãÄ ã°ôĖÌÀĖÑ° Àç ã°þ¼Ė°ãÑ° ÀĖÑļÑ
đ đÑÄÜþ ñôĖÄÀ÷ĖÜçÝãēâ Ñ ÷ĖÜçÝãēâȤ ñôçÎô°âē ÑãüÄô°ÜüēđãÄ 8Àôçđ·ę þÝȩ XÑÄÛ÷Ü° Ƶƻ Ȥ ƸƻɎƷƵƺ èô°ęÀęÄ
Üçã¼ÄãüôþÛ· ÷ÑÌ ã° đ÷ĖļÐ÷üôçããēâ ôçĖđçÛþ ç÷ç»çđçø¼Ñ ÀĖÑļܰȩ üÄÝȩȣ ʖƸƼ ƻƻ Ƹƺƻƻ ƷƼƼȤ âç»ÑÝȣ ʖƸƼ ƹƴƶ ƹƶƸ ƺƼƽ
HüēâþÝþÛ· çãÄ ÝçÎѼĖãÄ âēøÝÄãÑÄȤ þâÑÄÛÌüãçø¼Ñ ÜçâþãÑÜ°¼ēÛãÄȤ
ñç÷üôĖÄΰãÑÄ çôÑÄãü°¼ÛÑ ñôĖÄ÷üôĖÄããÄÛ çô°Ė ôçĖđèÛ þâÑÄÛÌüãçø¼Ñ
âçüçôē¼Ėãē¼Ðȩ X÷Ėē÷üÜÑÄ ñçâç¼Ä ÀēÀ°Üüē¼ĖãÄ ñôçâçđ°ãÑ°
ÄÀþÜ°¼ÛÑ Ñ þ¼ĖÄãÑ° ÷ÑÌ ñôĖÄĖ Ė°»°đÌ ÷· ĖÎçÀãÄ Ė ãçôâ°âÑ
»
»ÄÄĖñÑļĖÄä÷üđ° NãÑÑ þôçñÄÛ÷ÜÑÄÛȩ
L°»ÝÑ¼Ä ÑãüÄô°ÜüēđãÄ ȯ âþÝüÑâÄÀÑ°
BçÀ â°ôÜ· HüÑÄÍÄÝ #ãüÄô°¼üÑĐÄ çÍÄôþÛÄâē ÜçâñÝÄÜ÷çđÄ ôçĖđÑ·Ė°ãÑ° ÀÝ° ÷ĖÜèá đÄ đÀô°ę°ãÑþ ãçđç¼ĖÄ÷ãē¼Ð
ÑãüÄô°Üüēđãē¼Ð Íçôâ ã°þ¼Ė°ãÑ° ôÄãçâçđ°ãē¼Ð ñôçÀþ¼Äãüèđȩ
8ÍÄôçđ°ãÄ ü°»ÝÑ¼Ä ÑãüÄô°ÜüēđãÄ üç ñçñþÝ°ôãÄ â°ôÜÑ D838 Ñ WL -Ȥ ÜôèüÜççÎãÑ÷ÜçđÄ ñôçÛÄÜüçôē H 4Z8Ȥ "#L "#
Ñ BH84Ȥ W#W#L ȩ 3çãü°ę ü°»ÝѼ ÑãüÄô°Üüēđãē¼Ð Ñ ñôçÛÄÜüçôèđ çÍÄôþÛÄâē ã° ęē¼ĖÄãÑÄ ÜÝÑÄãü° đ ÷ē÷üÄâÑÄȣ 4
HL 2 Ȥ BE] HNX4Z .N 38 #.4Zȩ
4çđçø½ȫ
Ýç»þ÷ē
#ãüÄô°ÜüēđãÄ ñôçÎô°âē ÄÀþÜ°¼ēÛãÄ
HL# . NE8 EL -ôē÷üÑ°ã -çâ°ãÀÄô
4çđç¼ĖÄ÷ãÄ ¼ēÍôçđÄ ÑãüÄô°ÜüēđãÄ ã°ôĖÌÀĖÑ° Àç ã°þ¼Ė°ãÑ° ÀĖÑļÑ
đ đÑÄÜþ ñôĖÄÀ÷ĖÜçÝãēâ Ñ ÷ĖÜçÝãēâȤ ñôçÎô°âē ÑãüÄô°ÜüēđãÄ 8Àôçđ·ę þÝȩ XÑÄÛ÷Ü° Ƶƻ Ȥ ƸƻɎƷƵƺ èô°ęÀęÄ
Üçã¼ÄãüôþÛ· ÷ÑÌ ã° đ÷ĖļÐ÷üôçããēâ ôçĖđçÛþ ç÷ç»çđçø¼Ñ ÀĖÑļܰȩ üÄÝȩȣ ʖƸƼ ƻƻ Ƹƺƻƻ ƷƼƼȤ âç»ÑÝȣ ʖƸƼ ƹƴƶ ƹƶƸ ƺƼƽ
HüēâþÝþÛ· çãÄ ÝçÎѼĖãÄ âēøÝÄãÑÄȤ þâÑÄÛÌüãçø¼Ñ ÜçâþãÑÜ°¼ēÛãÄȤ
ñç÷üôĖÄΰãÑÄ çôÑÄãü°¼ÛÑ ñôĖÄ÷üôĖÄããÄÛ çô°Ė ôçĖđèÛ þâÑÄÛÌüãçø¼Ñ
âçüçôē¼Ėãē¼Ðȩ X÷Ėē÷üÜÑÄ ñçâç¼Ä ÀēÀ°Üüē¼ĖãÄ ñôçâçđ°ãÑ°
ÄÀþÜ°¼ÛÑ Ñ þ¼ĖÄãÑ° ÷ÑÌ ñôĖÄĖ Ė°»°đÌ ÷· ĖÎçÀãÄ Ė ãçôâ°âÑ
»
»ÄÄĖñÑļĖÄä÷üđ° NãÑÑ þôçñÄÛ÷ÜÑÄÛȩ
L°»ÝÑ¼Ä ÑãüÄô°ÜüēđãÄ ȯ âþÝüÑâÄÀÑ°
BçÀ â°ôÜ· HüÑÄÍÄÝ #ãüÄô°¼üÑĐÄ çÍÄôþÛÄâē ÜçâñÝÄÜ÷çđÄ ôçĖđÑ·Ė°ãÑ° ÀÝ° ÷ĖÜèá đÄ đÀô°ę°ãÑþ ãçđç¼ĖÄ÷ãē¼Ð
ÑãüÄô°Üüēđãē¼Ð Íçôâ ã°þ¼Ė°ãÑ° ôÄãçâçđ°ãē¼Ð ñôçÀþ¼Äãüèđȩ
8ÍÄôçđ°ãÄ ü°»ÝÑ¼Ä ÑãüÄô°ÜüēđãÄ üç ñçñþÝ°ôãÄ â°ôÜÑ D838 Ñ WL -Ȥ ÜôèüÜççÎãÑ÷ÜçđÄ ñôçÛÄÜüçôē H 4Z8Ȥ "#L "#
Ñ BH84Ȥ W#W#L ȩ 3çãü°ę ü°»ÝѼ ÑãüÄô°Üüēđãē¼Ð Ñ ñôçÛÄÜüçôèđ çÍÄôþÛÄâē ã° ęē¼ĖÄãÑÄ ÜÝÑÄãü° đ ÷ē÷üÄâÑÄȣ 4
HL 2 Ȥ BE] HNX4Z .N 38 #.4Zȩ
4çđçø½ȫ
Ýç»þ÷ē
The words you are searching are inside this book. To get more targeted content, please make full-text search by clicking here.
Discover the best professional documents and content resources in AnyFlip Document Base.
Search