ࡱ>  ybjbj4{{( ( 8D1^b% % 4Y Y Y 4!"V! b!]]]]]]]$X` c#^]"4!4!]"]"#^Y Y ^]]]]"VY Y ]]]"]]]J F\Y `X7'&/UN]^0^O cVc\\c]j!>!,]!$!ej!j!j!#^#^]dj!j!j!^]"]"]"]"cj!j!j!j!j!j!j!j!j!( ? g: V=VAB5@AB2> >A2VB8 V =0C:8 #:@0W=8 >;B02AL:89 =0FV>=0;L=89 B5E=VG=89 C=V25@A8B5B V<5=V .@VO >=4@0BN:0 0D54@0 DV=0=AV2 B0 10=:V2AL:>W A?@028 "'  4> A0<>ABV9=>3> 282G5==O :C@AC V 28:>=0==O :>=B@>;L=8E 70240=L V7 48AF8?;V=8 $V=0=A8 :>@?>@0FV9 4;O ABC45=BV2 A?5FV0;L=>ABV 7.050104 $V=0=A8 70>G=>W D>@<8 =02G0==O B0 A;CE0GV2 F5=B@C ?VA;O48?;><=>W >A2VB8 >;B020 2007 5B>48G=V 2:07V2:8 4> A0<>ABV9=>3> 282G5==O :C@AC V 28:>=0==O :>=B@>;L=8E 70240=L V7 48AF8?;V=8 $V=0=A8 :>@?>@0FV9 4;O ABC45=BV2 A?5FV0;L=>ABV 7.050104 $V=0=A8 70>G=>W D>@<8 =02G0==O B0 A;CE0GV2 F5=B@C ?VA;O48?;><=>W >A2VB8  >;B020: >;B"#, 2007.  22 A. #:;040G: .. B0I5=:>, :.5.=. V4?>2V40;L=89 70 28?CA:: 702V4C20G :0D54@8 DV=0=AV2 B0 10=:V2AL:>W A?@028 .. =8I5=:>, 4.5.=., ?@>D5A>@. 0B25@465=> @04>N C=V25@A8B5BC @>B>:>; ! ___ 2V4 _______. 2007 @. 540:B>@ .. 838;V9 >@5:B>@ ... 070@5=:> <VAB ABC? & & & & & ...& & & & & & & & & & & & & & & & & & & & & & & & & . 4  1. 5B>48G=V 2:07V2:8 4> A0<>ABV9=>3> 282G5==O 48AF8?;V=8 & & & .... 4 1.1. "5<0B8G=89 ?;0= :C@AC & & & & & & & & & & & & & & & & & & ..... 5 1.2. <VAB :C@AC 70 B5<0<8 48AF8?;V=8 .& & & & & & & & & & & & & & .. 5  2. 5B>48G=V @5:><5=40FVW 4> 28:>=0==O :>=B@>;L=>W @>1>B8 & & & . 11 2.1. <VAB :>=B@>;L=>W @>1>B8 B0 WW 28:>=0==O ..& & & & & & & & & & ... 11 2.2. 81V@ 20@V0=B0 :>=B@>;L=>W @>1>B8 & & & & & & & & & & & & & .... 12 2.3. V41V@ ;VB5@0BC@8 4;O 28:>=0==O B5>@5B8G=>3> 70240==O & & & & & 12 2.4. D>@<;5==O :>=B@>;L=>W @>1>B8 & & & & & & & & & & & & & & ... 12  3. 5B>48G=V 2:07V2:8 4> 28:>=0==O ?@0:B8G=>W G0AB8=8 :>=B@>;L=>W @>1>B8 & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & .. 13 3.1. >7@0EC=>: 2;0A=>3> :0?VB0;C :>@?>@0FVW& & & & & & & & & & ....... 13 3.2. C@A8 0:FV9 V :>@?>@0B82=V ?@020 & & & & & & & & & & & & & & .... 14 3.2.1. 07>2V ?>=OBBO 9 B5@<V=8 & & & & & & & & & & & & & & & & 14 3.2.2. A=>2=V @>7@0EC=:>2V D>@<C;8 4;O 287=0G5==O :C@AC V 20@B>ABV :>@?>@0B82=8E ?@02 & & & & & & & & & & & & & & & & & & & & & & & & . 15 3.3. FV=N20==O DV=0=A>28E V=AB@C<5=BV2 V=25ABC20==O & & & & & & & . 16 3.3.1. 0B5<0B8G=89 V=AB@C<5=B0@V9 >FV=N20==O >1;V30FV9 & & & & 17 3.3.2. 0B5<0B8G=89 V=AB@C<5=B0@V9 >FV=N20==O ?@>AB8E V ?@82V;59>20=8E 0:FV9 & & & & & & & & & & & & & & & & & & & & & & & & . 20 3.4. !:;040==O 3@0DV:C ?>25@=5==O 4>23>AB@>:>28E :@548BV2 & & & & & 22  4. 0@V0=B8 70240=L 4> :>=B@>;L=>W @>1>B8 & & & & & & & & & & & .. 24 5:><5=4>20=89 A?8A>: >A=>2=>W V 4>40B:>2>W ;VB5@0BC@8 & & & & & & & & & 39 ABC? 0A;V4:>< B@0=AD>@<0FV9=8E ?@>F5AV2 2 #:@0W=V AB0;> D>@<C20==O 4>A8BL ?>BC6=>3> :>@?>@0B82=>3> A5:B>@0. 07>< 7 B8<, C?@02;V==O DV=0=A0<8 :>@?>@0FV9 T =09<5=H 4>A;V465=>N 30;C77N 2VBG87=O=>W 5:>=><VG=>W =0C:8.  C<>20E ?5@5E>4C 4> @8=:>2>W 5:>=><V:8 B0:0 A8BC0FVO ?52=>N <V@>N 70:>=><V@=0. VO;L=VABL :>@?>@0FV9 B0 :>@?>@0B82=5 C?@02;V==O  ?>=OBBO ?>@V2=O=> =>25 4;O 2VBG87=O=>W =0C:>2>W 4C<:8. !CG0A=V DV=0=A>2V <5E0=V7<8, O:V >E>?;NNBL C?@02;V==O 4VO;L=VABN :>@?>@0FV9, T 206;828< 465@5;>< 4;O 4>A;V465==O V >2>;>4V==O A?5F8DVG=8<8 @8A0<8 A8AB5<8 :>@?>@0B82=8E DV=0=AV2. 4=8< 7 =09206;82VH8E @575@2V2 ?>;V?H5==O ?0@0<5B@V2 4VO;L=>ABV 2VBG87=O=8E :>@?>@0FV9 T ?V43>B>2:0 D0EV2FV2 28A>:>3> @V2=O :20;VDV:0FVW C 2V4?>2V4=>ABV 7 O:VA=> =>28<8 ?V4E>40<8 4> DV=0=A>28E 0A?5:BV2 C?@02;V==O, ?;0=C20==O V @53C;N20==O. 8AF8?;V=0 $V=0=A8 :>@?>@0FV9 BVA=> ?>2 O70=0 7 V=H8<8 48AF8?;V=0<8 5:>=><VG=>W =0C:8, 7>:@5<0: DV=0=A8, 3@>HV B0 :@548B, DV=0=A>20 4VO;L=VABL AC1 T:BV2 3>A?>40@N20==O, 1CE30;B5@AL:89 >1;V:, ?>40B:8 V A8AB5<0 >?>40B:C20==O, V=25ABC20==O, DV=0=A>289 0=0;V7, DV=0=A>289 <5=546<5=B, 3>A?>40@AL:5 70:>=>402AB2>. 5B>N 40=>W <5B>48G=>W @>7@>1:8 T @>7H8@5==O B0 ?>3;81;5==O 7=0=L ABC45=BV2 7 B5>@VW V ?@0:B8:8 :>@?>@0B82=8E DV=0=AV2 70 4>?><>3>N @5:><5=40FV9 V 70240=L 4;O A0<>ABV9=>W @>1>B8. &5 A?@8OB8<5 >2>;>4V==N ACBBN 9 <5E0=V7<>< D>@<C20==O :>@?>@0B82=8E DV=0=AV2, B5>@5B8G=>N V <5B>4>;>3VG=>N 107>N, O:0 =5>1EV4=0 4;O 2V;L=>3> 2>;>4V==O ?@0:B8:>N ?@89=OBBO >?B8<0;L=8E :>@?>@0B82=8E @VH5=L B0 WE 0=0;V7C =0 @V2=V DV=0=AV2 3>A?>40@AL:8E B>20@8AB2, @53V>=C V 45@6028 2 C<>20E @8=:>28E 2V4=>A8=. :07V2:8 4>?><>6CBL :@0I><C 70A2>T==N ABC45=B0<8 B5>@5B8G=>3> <0B5@V0;C V 1V;LH ?>3;81;5=><C >?@0FN20==N 70:>=>402G>-=>@<0B82=8E 0:BV2, =02G0;L=8E ?>AV1=8:V2. 5B>48G=V 2:07V2:8 4> A0<>ABV9=>3> 282G5==O :C@AC V 28:>=0==O :>=B@>;L=8E 70240=L V7 48AF8?;V=8 $V=0=A8 :>@?>@0FV9 4;O ABC45=BV2 A?5FV0;L=>ABV 7.050104 $V=0=A8 70>G=>W D>@<8 =02G0==O B0 A;CE0GV2 F5=B@C ?VA;O48?;><=>W >A2VB8 ?V43>B>2;5=V 73V4=> 7 =02G0;L=>N V @>1>G>N ?@>3@0<0<8 48AF8?;V=8 $V=0=A8 :>@?>@0FV9.  1. 5B>48G=V 2:07V2:8 4> A0<>ABV9=>3> 282G5==O 48AF8?;V=8 5:><5=40FVW V 70240==O, ?5@5410G5=V FVTN <5B>48G=>N @>7@>1:>N, 4>?><>6CBL ABC45=B0< ?>3;818B8 70A2>T==O ;5:FV9=>3> <0B5@V0;C, 0 B0:>6 ?8B0=L, O:V @>73;O40NBLAO =0 ?@0:B8G=8E 70=OBBOE. ?@0FN20==O 70240=L 4;O A0<>ABV9=>W @>1>B8 A?@8OB8<5 ?>;V?H5==N B2>@G>3> <8A;5==O ABC45=BV2, =01CBBN ?@0:B8G=8E =028G>: ?@8 70A2>T==V 48AF8?;V=8 $V=0=A8 :>@?>@0FV9. 0:@V?8B8 282G5=89 <0B5@V0; 4>?><>6CBL ?8B0==O 4;O A0<>:>=B@>;N. @>?>=>20=V <5B>48G=V 2:07V2:8 <0NBL A?@8OB8 1V;LH O:VA=><C 9 5D5:B82=><C 28:>@8AB0==N ABC45=B0<8 G0AC, 2V42545=>3> 4;O A0<>ABV9=>3> =02G0==O. "5<0B8G=89 ?;0= :C@AC >4C;L 1: >@?>@0B82=V DV=0=A8 B0 C?@02;V==O @V7=8<8 0A?5:B0<8 4VO;L=>ABV :>@?>@0FV9 70 4>?><>3>N DV=0=A>28E V=AB@C<5=BV2 "5<0 1. $V=0=A8 V :>@?>@0B82=89 A5:B>@ 5:>=><V:8. 030;L=V ?>=OBBO. "5<0 2. >45;V :>@?>@0B82=>3> C?@02;V==O: 7030;L=0 E0@0:B5@8AB8:0. "5<0 3. $V=0=A>289 @8=>:. $V=0=A>2V @5AC@A8 :>@?>@0FV9. "5<0 4. $V=0=A>289 <5=546<5=B :>@?>@0FVW, 9>3> DC=:FVW B0 <5B>48. "5<0 5. $>=4>289 @8=>:, O: >A=>2=0 A:;04>20 DV=0=A>2>3> @8=:C :>@?>@0FV9 "5<0 6. #?@02;V==O AB@C:BC@>N :0?VB0;C :>@?>@0FVW. "5<0 7. 575@28 :>@?>@0FVW B0 70E8A=V DC=:FVW 2;0A=>3> :0?VB0;C. "5<0 8. #?@02;V==O 5<VAVTN 0:FV9 B0 482V45=4=0 ?>;VB8:0 :>@?>@0FVW. >4C;L 2. !8AB5<0 @50;V70FVW V=AB8BCBC :>@?>@0B82=8E V ?5@5206=8E ?@02 2;0A=8:V2. A=>28 C?@02;V==O @575@20<8 :>@?>@0FV9 V :0?VB0;>< 2 A8AB5<V 0=B8:@87>2>3> DV=0=A>2>3> C?@02;V==O "5<0 1. <V=0 25;8G8=8 AB0BCB=>3> :0?VB0;C 0:FV>=5@=>3> B>20@8AB20. "5<0 2. >@?>@0B82=V ?@020 B0 :C@A8 0:FV9. "5<0 3. 8=>: FV==8E ?0?5@V2. $V=0=A>2V ?>A5@54=8:8 2 A8AB5<V :>@?>@0B82=>3> A5:B>@0. "5<0 4. FV=:0 >:@5<8E DV=0=A>28E V=AB8BCBV2 V=25ABC20==O: >1;V30FVW B0 0:FVW. "5<0 5. >EV4=V FV==V ?0?5@8: >?FV>=8 V 20@0=B8. "5<0 6. $V=0=A>2V V=25AB8FVW :>@?>@0FV9. "5<0 7. $V=0=A>2V 0A?5:B8 @5>@30=V70FVW :>@?>@0FVW. ><5@ <>4C;L=>3> 70240==O><5@ B5<8$>@<0 :>=B@>;N>4C;L=5 70240==O 1"5<8 1-7"5AB>289 :>=B@>;L 7=0=L>4C;L=5 70240==O 2"5<8 8-15"5AB>289 :>=B@>;L 7=0=LV4AC<:>289 :>=B@>;LA?8B 1.2. <VAB :C@AC 70 B5<0<8 48AF8?;V=8 >4C;L 1 "5<0 1. $V=0=A8 V :>@?>@0B82=89 A5:B>@ 5:>=><V:8. 030;L=V ?>=OBBO 1. $V=0=A>20 A8AB5<0. ;5<5=B8 DV=0=A>2>W A8AB5<8. 2. >@?>@0B82=V CB2>@5==O B0 WE @>;L 2 =0FV>=0;L=V9 5:>=><VFV. 3. @>1;5<8 D>@<C20==O :>@?>@0FV9 V :>@?>@0B82=8E DV=0=AV2. 4. 0@C1V6=89 4>A2V4 @>728B:C DV=0=A>28E 2V4=>A8= 2 :>@?>@0FVOE. 8B0==O 4;O A0<>:>=B@>;N 1. )> B0:5 DV=0=A8 V DV=0=A>2V @5AC@A8? 2. )> A>1>N ?@54AB02;ONBL ?@54<5B DV=0=AV2 V DV=0=A>2V 0:B828? 3. 87=0G8B8 ?>=OBBO :>@?>@0FVO V B8?8 :>@?>@0B82=8E CB2>@5=L. 4. /:V 2848 3>A?>40@AL:8E B>20@8AB2 ?5@5410G5=V 0:>=>< #:@0W=8 @> 3>A?>40@AL:V B>20@8AB20 B0 WE >7=0:8? 5. 5@5;VG8B8 ?5@52038, O:V >1C<>28;8 ?@>2V4=C @>;L :>@?>@0FVW 2 5:>=><VFV. 6. /:V ?>78B82=V <><5=B8 8 210G0TB5 2 <5E0=V7<V D>@<C20==O 0:FV>=5@=>W 2;0A=>ABV 2 !(? 7. 1@C=BC9B5 ?@>1;5<8 :>@?>@0B82=8E DV=0=AV2 V =54>;V:8 :>@?>@0B82=>W D>@<8 >@30=V70FVW ?V4?@8T<=8FB20. "5<0 2. >45;V :>@?>@0B82=>3> C?@02;V==O: 7030;L=0 E0@0:B5@8AB8:0 1. 87=0G5==O VA=CNG8E <>45;59 :>@?>@0B82=>3> C?@02;V==O. 2. =0;V7 >A=>2=8E E0@0:B5@8AB8: <>45;59 :>@?>@0B82=>3> C?@02;V==O. 3. $V=0=A>2V 0A?5:B8 :>@?>@0B82=>3> C?@02;V==O. 8B0==O 4;O A0<>:>=B@>;N 1. /:V >A=>2=V 5;5<5=B8 D>@<CNBL :>@?>@0B82=V <>45;V? 2. /:V >A=>2=V <>45;V :>@?>@0B82=>3> C?@02;V==O 8 7=0TB5? 3. 09B5 E0@0:B5@8AB8:C :>6=>W <>45;V :>@?>@0B82=>3> C?@02;V==O. 4.  G><C ?5@52038 V =54>;V:8 0=3;>-0<5@8:0=AL:>W :>@?>@0B82=>W <>45;V? 5. /:V, =0 0H ?>3;O4, ACB=VA=V E0@0:B5@8AB8:8 AB@C:BC@8 :>@?>@0B82=>3> C?@02;V==O 70EV4=>T2@>?59AL:>W <>45;V ?>78B82=> 2?;820NBL =0 DV=0=A>289 AB0= :>@?>@0FV9? 6. /:C :>@?>@0B82=C AB@C:BC@C ?5@5410G0T O?>=AL:0 <>45;L C?@02;V==O? "5<0 3. $V=0=A>289 @8=>:. $V=0=A>2V @5AC@A8 :>@?>@0FV9 1. !B@C:BC@0 DV=0=A>2>3> @8=:C. 2. >;L B0 <VAF5 DV=0=AV2 C :>@?>@0FVW. 3. @8=F8?8 >@30=V70FVW DV=0=A>28E :>@?>@0FV9. 4. 0?@O<8 D>@<C20==O :>@?>@0B82=8E DV=0=AV2. 5. 65@5;0 D>@<C20==O V =0?@O<8 28:>@8AB0==O DV=0=A>28E @5AC@AV2 :>@?>@0FV9. 6. =0;V7 @CEC DV=0=A>28E @5AC@AV2. 8B0==O 4;O A0<>:>=B@>;N 1. /:V A53<5=B8 2V4=>AOBLAO 4> DV=0=A>2>3> @8=:C? !E0@0:B5@87C9B5 WE A:;04>2V. 2.  G><C ?>;O30T ACB=VABL DV=0=AV2 :>@?>@0FVW? 3. 5@5;VGVBL ?@8=F8?8 >@30=V70FVW DV=0=A>28E :>@?>@0FV9.  G><C 2>=8 ?>;O30NBL? 4. /:V >A=>2=V =0?@O<8 D>@<C20==O DV=0=AV2 :>@?>@0FVW? 5. /:V A:;04>2V G0AB8=8 4VO;L=>ABV :>@?>@0FVW >E>?;NT DV=0=A>289 <5=546<5=B 7 C@0EC20==O< =0?@O<V2 D>@<C20==O :>@?>@0B82=8E DV=0=AV2? 6. 87=0GB5 465@5;0 D>@<C20==O @5AC@AV2 :>@?>@0FVW. 7.  O:8E 28?04:0E 28=8:0NBL ?8B0==O D>@<C20==O V 28:>@8AB0==O DV=0=A>28E @5AC@AV2? 8. 072VBL =0?@O<8 28:>@8AB0==O DV=0=A>28E @5AC@AV2 :>@?>@0FVW. 9. /:V >A=>2=V ?>:07=8:8 28:>@8AB>2CNBLAO 2 0=0;VB8G=V9 @>1>BV @CEC DV=0=A>28E @5AC@AV2? 10. /:8<8 <5B>40<8 74V9A=NTBLAO 0=0;V7 @CEC 3@>H>28E :>HBV2? 11. /:V ?>:07=8:8 28:>@8AB>2CNBLAO ?@8 74V9A=5==V 0=0;V7C @CEC 3@>H>28E :>HBV2 :>@?>@0FVW B0 <0B5<0B8G=V <>45;V WE @>7@0EC=:C? "5<0 4. $V=0=A>289 <5=546<5=B :>@?>@0FVW, 9>3> DC=:FVW B0 <5B>48 1. >=OBBO DV=0=A>2>3> <5=546<5=BC :>@?>@0FVW B0 9>3> DC=:FVW. 2. 5B>48 DV=0=A>2>3> <5=546<5=BC. 3. $V=0=A>289 0=0;V7 AB@0B53VG=>3> @>728B:C :>@?>@0FVW. 4. $V=0=A>25 ?;0=C20==O. 8B0==O 4;O A0<>:>=B@>;N 1. )> O2;OT A>1>N DV=0=A>289 <5=546<5=B :>@?>@0FVW? 2. 5@5;VGVBL >A=>2=V DC=:FVW DV=0=A>2>3> <5=546<5=BC B0 409B5 W< E0@0:B5@8AB8:C. 3. ?8HVBL ?@>F5A ?>B>:V2 @CEC DV=0=A>28E :>HBV2 :>@?>@0FVW. 4. !E0@0:B5@87C9B5 3>;>2=V =0?@O<8 DV=0=A>2>3> 0=0;V7C. 5. 0 G><C 70A=>20=V <5B>48 C?@02;V==O 0:B820<8 V ?0A820<8 :>@?>@0FVW? 6. /:V >A=>2=V AB04VW D>@<C20==O AB@0B53VG=>3> ?;0=C @>728B:C :>@?>@0FVW? 7. 09B5 E0@0:B5@8AB8:C 20@BVA=>3> F8:;C V >A=>2=8E 270T<>72 O7:V2 C 20@BVA=><C F8:;V. 6. /:V >A=>2=V E0@0:B5@8AB8:8 DV=0=A>2>3> ?;0=C? 7. 5@5;VGVBL 28<>38 4> DV=0=A>2>3> ?;0=C. 8. /:V 7>2=VH=V G8==8:8 A?@02;ONBL 2?;82 =0 ?@>F5A ?V43>B>2:8 V @50;V70FVW DV=0=A>2>3> ?;0=C :>@?>@0FVW? "5<0 5. $>=4>289 @8=>:, O: >A=>2=0 A:;04>20 DV=0=A>2>3> @8=:C :>@?>@0FV9 1. @8=F8?8 DC=:FV>=C20==O D>=4>2>3> @8=:C. 2. $>=4>289 @8=>: O: >A=>2=0 A:;04>20 DV=0=A>2>3> @8=:C :>@?>@0FV9. 3. :FV>=5@=8E :0?VB0;, 9>3> D>@<C20==O V A:;04>2V. 8B0==O 4;O A0<>:>=B@>;N 1. /:V >A=>2=V ?@8=F8?8 DC=:FV>=C20==O D>=4>2>3> @8=:C V 2 G><C 2>=8 ?>;O30NBL? 2. 09B5 E0@0:B5@8AB8:C >A=>2=8< B5=45=FVO< @>728B:C C:@0W=AL:>3> D>=4>2>3> @8=:C. 3. 5@5;VGVBL H;OE8 :>=F5=B@0FVW 0:FV>=5@=>3> :0?VB0;C. 4. /:V >A=>2=V A:;04>2V 2;0A=>3> :0?VB0;C 0:FV>=5@=>3> B>20@8AB20? 5. ?8HVBL E0@0:B5@8AB8:8 A:;04>28E 2;0A=>3> :0?VB0;C :>@?>@0FVW. 6. /:V ?@8=F8?8 D>@<C20==O AB0BCB=>3> :0?VB0;C? 7. /:V >A=>2=V 28<>38 4> D>@<C20==O AB0BCB=>3> :0?VB0;C? 8. )> A>1>N ?@54AB02;OT =5>?;0G5=89 V 28;CG5=89 :0?VB0;? "5<0 6. #?@02;V==O AB@C:BC@>N :0?VB0;C :>@?>@0FVW 1. &V=0 :0?VB0;C B0 A:;04>28E, I> WW D>@<CNBL. 2. 0@68=0;L=0 (3@0=8G=0) 20@BVABL :0?VB0;C. 3. >;VB8:0 :>@?>@0FVW I>4> AB@C:BC@8 :0?VB0;C. 8B0==O 4;O A0<>:>=B@>;N 1. /:V D0:B>@8 287=0G0NBL 20@BVABL :0?VB0;C :>@?>@0FVW? 2.  G>3> D>@<CTBLAO FV=0 465@5; DV=0=AC20==O? 3. 87=0GB5 <>45;L A5@54=L>72065=>W 20@B>ABV :0?VB0;C. 4. )> 8 @>7C<VTB5 ?V4 <0@68=0;L=>N 20@BVABN :0?VB0;C? 5.  G><C ?>;O30T ?>;VB8:0 I>4> AB@C:BC@8 :0?VB0;C? 6. )> E0@0:B5@87CT DV=0=A>289 ;525@846? 7. 0 O:V D0:B>@8 A;V4 725@B0B8 C203C ?@8 D>@<C20==V :0?VB0;C? "5<0 7. 575@28 :>@?>@0FVW B0 70E8A=V DC=:FVW 2;0A=>3> :0?VB0;C 1. $C=:FVW 2;0A=>3> :0?VB0;C. 2. 848 @575@2=>3> :0?VB0;C B0 465@5;0 9>3> D>@<C20==O. 3. !0=0FVO 10;0=AC. 8B0==O 4;O A0<>:>=B@>;N 1. 09B5 E0@0:B5@8AB8:C >A=>2=8< DC=:FVO< 2;0A=>3> :0?VB0;C :>@?>@0FVW. 2. /: ?>4V;ONBLAO @575@28 70 465@5;0<8 D>@<C20==O? 3. 5@5;VGVBL A?>A>18 D>@<C20==O ?@8E>20=8E @575@2V2 :>@?>@0FVW. 4. ?8HVBL ?>@O4>: @50;V70FVW 70E8A=>W DC=:FVW 2;0A=>3> :0?VB0;C. 5. /:8<8 =>@<0B82=8<8 4>:C<5=B0<8 @53;0<5=BCTBLAO @>7<V@ @575@2=>3> :0?VB0;C? 6. 5@5;VGVBL =0?@O<8 28:>@8AB0==O @575@2=>3> :0?VB0;C :>@?>@0FVW. 7. )> A>1>N ?@54AB02;OT 4>40B:>289 :0?VB0;? 8. /:V ?@8=F8?8 D>@<C20==O V 2V4>1@065==O C DV=0=A>2V9 72VB=>ABV @575@2C AC<=V2=8E 1>@3V2? >4C;L 2 "5<0 8. #?@02;V==O 5<VAVTN 0:FV9 B0 482V45=4=0 ?>;VB8:0 :>@?>@0FVW 1. B0?8 D>@<C20==O 5<VAV9=>W ?>;VB8:8 :>@?>@0FVW. 2. A=>2=V B8?8 482V45=4=>W ?>;VB8:8. 3. $0:B>@8, I> E0@0:B5@87CNBL V=25AB8FV9=V <>6;82>ABV :>@?>@0FVW. 8B0==O 4;O A0<>:>=B@>;N 1. 5@5;VGVBL >A=>2=V 5B0?8 C?@02;V==O 5<VAVTN 0:FV9. 2. )> 2:;NG0T 0=0;V7 :>= N=:BC@8 D>=4>2>3> @8=:C? 3. /:V >A=>2=V FV;V ?5@5A;V4CT :>@?>@0FVO ?@8 74V9A=5==V 4>40B:>2>W 5<VAVW? 4. /:8< G8=>< 287=0G0TBLAO =><V=0;, 2848 V :V;L:VABL 5<VAV9=8E 0:FV9? 5. > O:8E ?0@0<5B@0E 74V9A=NTBLAO >FV=:0 20@B>ABV 70;CGC20=>3> 0:FV>=5@=>3> :0?VB0;C? 6.  G><C ?>;O30T 3>;>2=0 <5B0 @>7@>1:8 482V45=4=>W ?>;VB8:8? 7. 09B5 287=0G5==O 482V45=4=>W ?>;VB8:8 B0 AE0@0:B5@87C9B5 ?@8=F8?>2V ?V4E>48 4> D>@<C20==O 482V45=4=>W ?>;VB8:8. 8. /:V D0:B>@8 287=0G0NBL 482V45=4=C ?>;VB8:C? 9. 87=0GB5 ?>A;V4>2=VABL 4V9 :>@?>@0FVW ?@8 @>7?>4V;V ?@81CB:C C 2V4?>2V4=>ABV 7 >1@0=8< B8?>< 482V45=4=>W ?>;VB8:8. 10. 0 O:>N <>45;;N 74V9A=NTBLAO 287=0G5==O @V2=O 482V45=4=8E 28?;0B? 11. /:V >A=>2=V D>@<8 28?;0B8 482V45=4V2? 12. /:V ?>:07=8:8 28:>@8AB>2CNBLAO 4;O >FV=:8 5D5:B82=>ABV 482V45=4=>W ?>;VB8:8? "5<0 9. <V=0 25;8G8=8 AB0BCB=>3> :0?VB0;C 0:FV>=5@=>3> B>20@8AB20 1. 1V;LH5==O AB0BCB=>3> :0?VB0;C. 2. !?>A>18 71V;LH5==O !. 3. <5=H5==O ! 0:FV>=5@=>3> B>20@8AB20. 4. =0;V7 4>FV;L=>ABV 74V9A=5==O 4>40B:>2>W 5<VAVW. 8B0==O 4;O A0<>:>=B@>;N 1. /:V FV;V ?5@5A;V4CT :>@?>@0FVO ?@8 71V;LH5==V AB0BCB=>3> :0?VB0;C? 2. 5@5;VGVBL 465@5;0 DV=0=AC20==O 71V;LH5==O AB0BCB=>3> :0?VB0;C :>@?>@0FVW? 3. /:V A?>A>18 28:>@8AB>2CNBLAO ?@8 71V;LH5==V AB0BCB=>3> :0?VB0;C 0:FV>=5@=>3> B>20@8AB20? 4. )> @>7C<VTBLAO ?V4 :>=25@AVTN FV==8E ?0?5@V2? 5. 09B5 287=0G5==O FV=8 :>=25@AVW. 6. )> ?>:07CT :>5DVFVT=B :>=25@AVW? 7. /:V FV;V ?5@5A;V4CT :>@?>@0FVO ?@8 7<5=H5==V AB0BCB=>3> :0?VB0;C? 8. )> B0:5 A0=0FV9=89 ?@81CB>: V O: 2V= @>7@0E>2CTBLAO? 9. /:V A?>A>18 7<5=H5==O AB0BCB=>3> :0?VB0;C? 10. /:8<8 70:>=>402G8<8 0:B0<8 @53;0<5=BCTBLAO 74V9A=5==O 4>40B:>2>W 5<VAVW? "5<0 10. >@?>@0B82=V ?@020 B0 :C@A8 0:FV9 1. !B0BCB=89 :0?VB0; V :>@?>@0B82=V ?@020. 2. 0;0=A>289 V @8=:>289 :C@A8 0:FV9. 3. C@A 5<VAVW :>@?>@0B82=8E ?@02. 4. 5@5206=5 ?@02> 2;0A=8:V2 =0 ?@8410==O 0:FV9 (G0AB>:). 8B0==O 4;O A0<>:>=B@>;N 1. )> B0:5 :>@?>@0B82=V ?@020? 2. %B> <>65 1CB8 5<VB5=B>< :>@?>@0B82=8E ?@02? 3. !E0@0:B5@87C9B5 =><V=0;L=C 20@BVABL :>@?>@0B82=8E ?@02. 4. )> E0@0:B5@87CT ?>:07=8: 10;0=A>2>3> :C@AC :>@?>@0B82=8E ?@02 V O: 2V= @>7@0E>2CTBLAO? 5. /: 2AB0=>2;NTBLAO @8=:>289 :C@A 0:FV9? 6. 09B5 287=0G5==O ?>=OBBO< :>B8@C20==O V ;VAB8=3. 7. 5@5;VGVBL >A=>2=V 28B@0B8 =0 ?@>2545==O 5<VAVW :>@?>@0FVTN. 8. /:V >A=>2=V G8==8:8 A;V4 2@0E>2C20B8, ?@89<0NG8 @VH5==O I>4> 2AB0=>2;5==O :C@AC 5<VAVW? 9.  G><C ?>;O30T ?5@5206=5 ?@02> 2;0A=8:V2? 10. /: 287=0G0TBLAO @>7@0EC=:>20 FV=0 ?5@5206=>3> ?@020? "5<0 11. 8=>: FV==8E ?0?5@V2. $V=0=A>2V ?>A5@54=8:8 2 A8AB5<V :>@?>@0B82=>3> A5:B>@0 1. >=OBBO FV==8E ?0?5@V2, WE :;0A8DV:0FVO B0 :0B53>@VW. 2. 8<>38 4> FV==8E ?0?5@V2. 3. $C=:FVW FV==8E ?0?5@V2. 8B0==O 4;O A0<>:>=B@>;N 1. 5@5;VGVBL 2848 FV==8E ?0?5@V2, 287=0G5=8E 0:>=>< #:@0W=8 @> FV==V ?0?5@8 V D>=4>2C 1V@6C. 2. !E0@0:B5@87C9B5 2V4?>2V4=VABL FV==8E ?0?5@V2 2840< @5AC@AV2. 3. 09B5 :;0A8DV:0FVN FV==8E ?0?5@V2 70 5:>=><VG=8< B0 N@848G=8< AB0BCA><. 4. /:V 28<>38 4> FV==8E ?0?5@V2? 5. >7:@89B5 ACB=VABL >A=>2=8E DC=:FV9 FV==8E ?0?5@V2. "5<0 12 FV=N20==O >:@5<8E DV=0=A>28E V=AB@C<5=BV2 V=25ABC20==O: >1;V30FVW B0 0:FVW 1. 07>20 <>45;L >FV=N20==O DV=0=A>28E 0:B82V2 (DCF-<>45;L). 2. FV=N20==O :C?>==8E V 157:C?>==8E >1;V30FV9. 3. FV=N20==O 20@B>ABV ?@82V;59>20=8E 0:FV9. 4. FV=N20==O 728G09=8E 0:FV9. 5. >45;V >FV=N20==O 20@B>ABV 0:FV9 7V AB01V;L=8< B0 ?>ABV9=> 7@>AB0NG8< @V2=5< 482V45=4V2. 8B0==O 4;O A0<>:>=B@>;N 1. /:V >A=>2=V ?V4E>48 4> >FV=N20==O FV==8E ?0?5@V2 8 7=0TB5? 2. 0 O:>N AE5<>N 74V9A=NTBLAO >FV=N20==O ?5@28==8E FV==8E ?0?5@V2? 3. /: @>7@0EC20B8 ?>B>G=C 20@BVABL :C?>==>W >1;V30FVW? 4. /:V D0:B>@8 2?;820NBL =0 FV=C >1;V30FVW? 5. 0 O:>N <>45;;N 74V9A=NTBLAO >FV=N20==O 157:C?>==8E >1;V30FV9? 6.  G><C ?>;O30NBL >A>1;82>ABV >FV=N20==O ?@82V;59>20=8E 0:FV9? 7. /:0 107>20 <>45;L @8=:>2>W 20@B>ABV 0:FV9? 8. >7:@89B5 0;3>@8B< 287=0G5==O ?>B>G=>W 20@B>ABV ?@>AB>W 0:FVW. 9. /:89 283;O4 <0T <>45;L >FV=:8 0:FV9 7V AB01V;L=8< @V2=5< 482V45=4V2? "5<0 13. >EV4=V FV==V ?0?5@8: >?FV>=8 V 20@0=B8 1. >=OBBO >?FV>=. 2. ?FV>=8 ?>:C?FO 9 >?FV>=8 ?@>402FO. 3. $0:B>@8, O:V 2?;820NBL =0 FV=C >?FV>=V2. 4. >=OBBO V 2848 20@0=BV2. 5. 0@BVABL 20@0=BV2. 6. 83>48 4;O :>@?>@0FVW ?@8 28:>@8AB0==V 45@820B82V2. 8B0==O 4;O A0<>:>=B@>;N 1. )> B0:5 >?FV>=? 2. ?8HVBL O: ?@0FNNBL >?FV>=8 ?@>402FO V ?>:C?FO. 3. /:V D0:B>@8 2@0E>2CNBL =09?>H8@5=VHV <>45;V >FV=N20==O 0:FV9=8E >?FV>=V2? 4. 09B5 287=0G5==O 20@0=B0. 5. /:V D>@<8 20@0=BV2 =092V4><VHV C ?@0:B8G=V9 DV=0=A>2V9 4VO;L=>ABV? 6. /: 287=0G0TBLAO FV=0 20@0=B0? 7. 09B5 E0@0:B5@8AB8:C >A=>2=8< 2V4<V==>ABO< <V6 20@0=B0<8 V :>=25@B>20=8<8 >1;V30FVO<8. "5<0 14. $V=0=A>2V V=25AB8FVW :>@?>@0FV9 1. !CB=VABL V :;0A8DV:0FVO V=25AB8FV9 :>@?>@0FVW. 2. FV=N20==O 4>FV;L=>ABV DV=0=A>28E V=25AB8FV9, <5B>48 >FV=N20==O. 3. $>@<C20==O ?>@BD5;O FV==8E ?0?5@V2 B0 C?@02;V==O =8<. 4. >45;V >?B8<V70FVW ?>@BD5;O. 8B0==O 4;O A0<>:>=B@>;N 1.09B5 287=0G5==O V=25AB8FVO<. 2. /:V >1 T:B8 V=25AB8FV9=8E 2:;045=L 8 7=0TB5? 3. )> @>7C<VTBLAO ?V4 DV=0=A>28<8 V=25AB8FVO<8? 4. /:V >A=>2=V FV;V 74V9A=5==O DV=0=A>28E V=25AB8FV9? 5. /:V >A=>2=V ?V4E>48 4> >FV=N20==O V=25AB8FV9? 6. !E0@0:B5@87C9B5 <5B>48 >FV=N20==O DV=0=A>28E V=25AB8FV9: 48A:>=BC20==O Cash-flow, 5D5:B82=>W AB02:8 2V4A>B:C, 287=0G5==O 2=CB@VH=L>W =>@<8 ?@81CB:>2>ABV. 7. ;O G>3> @>7@0E>2CTBLAO ?>:07=8: 4N@0FVO? 8. 5@5;VG8B8 70E>48 I>4> C?@02;V==O ?>@BD5;5< FV==8E ?0?5@V2. 9. )> <0T =0 <5BV :>@?>@0FVO ?@8 D>@<C20==V ?>@BD5;O FV==8E ?0?5@V2? 10. /:V A?>A>18 C?@02;V==O ?>@BD5;5< FV==8E ?0?5@V2 8 7=0TB5? 11. /:V :@8B5@VW 2@0E>2CNBLAO ?@8 >?B8<V70FVW ?>@BD5;O FV==8E ?0?5@V2? 12. 09B5 :>@>B:C E0@0:B5@8AB8:C <>45;O< >?B8<V70FVW ?>@BD5;O FV==8E ?0?5@V2 (0@:>28FO, (0@?0, 207V-(0@?0). "5<0 15. $V=0=A>2V 0A?5:B8 @5>@30=V70FVW :>@?>@0FVW 1. 030;L=V ?>=OBBO B0 ?5@54C<>28 @5>@30=V70FVW. 2. #:@C?=5==O :>@?>@0FVW. 3. 5>@30=V70FVO :>@?>@0FV9, A?@O<>20=0 =0 WW @>7C:@C?=5==O, ?5@5B2>@5==O. 8B0==O 4;O A0<>:>=B@>;N 1. )> B0:5 @5>@30=V70FVO :>@?>@0FVW? 2. /:V D>@<8 :>@?>@0B82=>W @5AB@C:BC@870FVW 8 7=0TB5? 3. /:V ?@02>2V 0A?5:B8 ?@>2545==O @5>@30=V70FVW? 4. !E0@0:B5@87C9B5 D>@<8 @5>@30=V70FVW H;OE>< C:@C?=5==O. 5.  G><C ?>;O30T 5D5:B A8=5@3V7<C? 6. /:V >A=>2=V <>B828 A?>=C:0NBL :>@?>@0FVN 4> @5>@30=V70FVW H;OE>< C:@C?=5==O? 7.  G><C ?>;O30T 0:2V78FVO? 8.  O:8E 28?04:0E 74V9A=NTBLAO @>7C:@C?=5==O :>@?>@0FVW? 9. 09B5 E0@0:B5@8AB8:C A?>A>10< @>7C:@C?=5==O. 10. )> B0:5 ?5@5B2>@5==O :>@?>@0FVW?  2. 0240==O V ?>@O4>: >FV=N20==O 7=0=L 7 :>6=>3> <>4C;O 2.1.>=B@>;L=V B5AB>2V 70240==O 4;O ?5@52V@:8 7=0=L >4C;L 1 "5AB 1. $V=0=A8  F5& 2;0A=V B0 70?>78G5=V @5AC@A8, O:V :>@?>@0FVO 28:>@8AB>2CT 4;O >B@8<0==O ?@81CB:C; 4VO;L=VABL AC1 T:BV2, ?>2 O70=0 7 D>@<C20==O<, @>7?>4V;>< V 28:>@8AB0==O< DV=0=A>28E @5AC@AV2 7 <5B>N 28@VH5==O ?>AB02;5=8E 7040G; 4VO;L=VABL AC1 T:BV2 3>A?>40@N20==O, A?@O<>20=0 =0 D>@<C20==O, @>7?>4V; B0 5D5:B82=5 28:>@8AB0==O V=25AB8FV9=8E @5AC@AV2. "5AB 2. !C:C?=VABL D>=4V2, O:V ?@89<0NBL CG0ABL C 70157?5G5==V 4VO;L=>ABV AC1 T:BV2, 74V9A=NNBL >1V3 2 3@>H>2V9 D>@<V B0 702648 7=0E>4OBLAO C 2;0A=>ABV B8E G8 V=H8E AC1 T:BV2  F5 & DV=0=A>2V @5AC@A8; :@548B=V @5AC@A8; V=25AB8FV9=V :>HB8; DV=0=A>2V 0:B828. "5AB 3. VO;L=VABL AC1 T:BV2, I> ?>2 O70=0 7 ?@>2545==O< <>1V;V70FVW, @>7?>4V;C V 28:>@8AB0==O @5AC@AV2 4;O 4>AO3=5==O <5B8, F5& >1 T:B DV=0=AV2; ?@54<5B DV=0=AV2; DV=0=A>20 AB@0B53VO; DV=0=A>20 ?>;VB8:0. "5AB 4. "8? :>@?>@0B82=>3> >1 T4=0==O, I> O2;OT A>1>N ?>T4=0==O O:>AB59 :>@?>@0FVW V ?0@B=5@AB20, T & E>;4V=3; B>20@8AB20 2AVE 284V2; 0:FV>=5@=5 B>20@8AB2>; S-:>@?>@0FVO; 2AV 2V4?>2V4V 2V@=V. "5AB 5. >;>2=0 5:>=><VG=0 >A>1;82VABL :>@?>@0B82=>W D>@<8 >@30=V70FVW ?V4?@8T<=8FB20 ?>;O30T 2 B><C, I>& VA=CT @50;L=0 <>6;82VABL 70;CG5==O V=25AB8FV9=8E @5AC@AV2; 2V4ACB=V >1<565==O <09=>2>W 2V4?>2V40;L=>ABV 2;0A=8:V2; VA=CT <>6;82VABL 5D5:B82=>3> @53C;N20==O ?5@5<VI5==O ?09>2>W CG0ABV G5@57 :C?V2;N-?@>406 0:FV9; F5 70:V=G5=0 D>@<0 2V4>:@5<;5==O 2;0A=>ABV 2V4 C?@02;V==O V 5:>=><VG=> B0 N@848G=> 2V4>A>1;5=0 2V4 WW 70A=>2=8:V2 B0 CG0A=8:V2. "5AB 6. 5@52038 0:FV>=5@=>3> B>20@8AB20 =04 V=H8<8 >@30=V70FV9=>-?@02>28<8 CB2>@5==O<8 ?>;O30NBL C: ?5@A?5:B820E 71V;LH5==O AB0@B>28E V=25AB8FV9; <>1V;L=>ABV 2 >B@8<0==V ?@81CB:V2; 70157?5G5==V H284:8E @>7@0EC=:V2 7 :@548B>@0<8; <>6;82>ABV C?@02;V==O ?V4?@8T<AB2>< G5@57 :>@?>@0B82=5 2>;>4V==O; 70157?5G5==V @>728B:C A>FV0;L=8E ?@>3@0<; <>6;82>ABV 2?@>20465==O 5D5:B82=8E <5B>4V2 @53C;N20==O V :>=B@>;N. "5AB 7. >42V9=5 >?>40B:C20==O ?@81CB:V2 E0@0:B5@=5 4;O B0:>W D>@<8 ?V4?@8T<=8FB20 O:& :>@?>@0FVO; ?0@B=5@AB2>; >4=>>AV1=5 ?V4?@8T<AB2>; >1 T4=0==O >@5=40@V2. "5AB 8. @>3@0<8 !( B8?C ESOP  F5& ?@>3@0<8 CG0ABV 2 <091CB=VE ?@81CB:0E B0 ?@5<VN20==O 0:FVO<8; ?5=AV9=V ?@>3@0<8; ?@>3@0<8 25=GC@=8E V=25AB8FV9; AE5<8 70;CG5==O 4>40B:>28E V=25AB8FV9=8E @5AC@AV2 G5@57 @>7?>2AN465==O 0:FV9 A5@54 4@V1=8E 0:FV>=5@V2. "5AB 9. 8=>: V=AB@C<5=BV2 ?>78:8 T 206;828< 5;5<5=B><: :@548B=>3> @8=:C; 20;NB=>3> @8=:C; @8=:C V=25AB8FV9; @8=:C FV==8E ?0?5@V2. "5AB 10. !D5@0 5:>=><VG=8E 2V4=>A8= <V6 ?>78G0;L=8:>< B0 :@548B>@><, I> 28=8:0NBL 2=0A;V4>: @CEC 3@>H59 =0 C<>20E ?;0B=>ABV, FV;L>2>3> 28:>@8AB0==O, 72>@>B=>ABV, - F5& @8=>: FV==8E ?0?5@V2; @8=>: DV=0=A>28E @5AC@AV2; @8=>: V=25AB8FV9; :@548B=89 @8=>:. "5AB 11. :>=><VG=V 2V4=>A8=8, O:V 28=8:0NBL 2 :>@?>@0FVW 7 ?@82>4C CB2>@5==O V 28:>@8AB0==O DV=0=A>28E @5AC@AV2 4;O 4>AO3=5==O FV;59, F5& :>@?>@0B82=89 :0?VB0;; ?@8=F8?8 :@548BC20==O :>@?>@0FVW; DV=0=A8 :>@?>@0FVW. "5AB 12. > ?@8=F8?V2 >@30=V70FVW DV=0=A>28E :>@?>@0FV9 =0;560BL: 45F5=B@0;V70FVO DV=0=A>28E @5AC@AV2; 74V9A=5==O 2AVE 284V2 DV=0=A>2>3> ?;0=C20==O; 6>@AB:0 F5=B@0;V70FVO DV=0=A>28E @5AC@AV2; A0<>DV=0=AC20==O B0 70157?5G5==O V=25AB8FV9=>W 4VO;L=>ABV. "5AB 13. >@?>@0B82=V DV=0=A8 <>6CBL 1CB8 ?@54AB02;5=V C B0:8E =0?@O<0E: 157?>A5@54=V9 28?CA: 0:FV9 B0 >1;V30FV9; 4>;L>20 CG0ABL 2 V=H8E AC1 T:B0E 3>A?>40@N20==O H;OE>< ?@8410==O 0:FV9, ?0W2; DV=0=A8, ?>2 O70=V 7 4VO;L=VABN :>@?>@0FVW, 0;5 B0:V, I> =5 AB>ACNBLAO 0:FV9 B0 >1;V30FV9 157?>A5@54=L>; AB0BBV @>74V;C  ?0A82C 10;0=AC. "5AB 14. !:;04>2V G0AB8=8 4VO;L=>ABV :>@?>@0FVW, O:V >E>?;NT DV=0=A>289 <5=546<5=B: CB2>@5==O ?5@2VA=>3> :0?VB0;C :>@?>@0FVW H;OE>< 28?CA:C 0:FV9 V >1;V30FV9; D>@<C20==O =0?@O<V2 28:>@8AB0==O 70;CG5=8E DV=0=A>28E @5AC@AV2; 157?>A5@54=O DV=0=A>20 4VO;L=VABL :>@?>@0FVW; 28?CA: 0:FV9 B0 >1;V30FV9 4;O 4>40B:>2>3> 70;CG5==O :0?VB0;C V @>7H8@5==O 4VO;L=>ABV :>@?>@0FVW; >B@8<0==O 482V45=4V2 70 :>@?>@0B82=8<8 ?@020<8 V=H8E 5<VB5=BV2 7 <5B>N V=25ABC20==O C 2;0A=5 28@>1=8FB2>; A?;0B0 482V45=4V2 2;0A=8:0< :>@?>@0B82=8E ?@02. "5AB 15. 57?5@5@2=89 ?@>F5A D>@<C20==O 3@>H>28E :>HBV2, WE =0:>?8G5==O V A?@O<C20==O =0 2V4?>2V4=V FV;V :>@?>@0FVW  F5& DV=0=A>289 F8:;; V=25AB8FV9=8E F8:;; 20@BVA=89 F8:;. "5AB 16. !D5@C, I> >E>?;NT, :@V< 157?>A5@54=L>3> :>=B@>;N DV=0=A>2>-3>A?>40@AL:8E 4>:C<5=BV2 :>@?>@0FVW, I5 9 @50;V70FVN :>=B@>;N O: B0:>3>, ?@54AB02;OT A>1>N: :>=B@>;V=3; 0C48B; DV=0=A>289 <>=VB>@8=3. "5AB 17. 8<>38 4> DV=0=A>2>3> ?;0=C :>@?>@0FVW =0ABC?=V (?5@5;VG8B8): 1), 2), 3)& "5AB 18. #?@02;V==O ?0A820<8 :>@?>@0FVW 2:;NG0T 4VW C B0:8E =0?@O<0E: 287=0G5==O >?B8<0;L=>3> A?V22V4=>H5==O <V6 4>23>AB@>:>28<8 V :>@>B:>AB@>:>28<8 DV=0=A>28<8 @5AC@A0<8; GVB:5 287=0G5==O =091V;LH 5D5:B82=8E ?0A82V2; =040==O ?5@52038 28:>@8AB0==O :>@>B:>AB@>:>28E DV=0=A>28E @5AC@AV2 =04 >B@8<0==O< 4>23>AB@>:>28E ?>78:>28E :>HBV2; 281V@ @VH5==O, O:V DV=0=A>2V @5AC@A8 1V;LH 283V4=VHV =0 40=89 G0A  :>@>B:>AB@>:>2V G8 4>23>AB@>:>2V; AC2>@89 ?>4V; CAL>3> >1AO3C ?>78:>28E DV=0=A>28E @5AC@AV2 =0 4>23>AB@>:>2V B0 :>@>B:>AB@>:>2V. "5AB 19. > 465@5; D>@<C20==O 2;0A=8E DV=0=A>28E @5AC@AV2 :>@?>@0FVW =0;560BL: 0<>@B870FVO; B>@3>289 :@548B; ?@81CB>:; 7>2=VH=V9 0:FV>=5@=89 :0?VB0;; 4>23>AB@>:>2V 7>1>2 O70==O; :>@>B:>AB@>:>20 701>@3>20=VABL. "5AB 20. > 465@5; D>@<C20==O ?>78G5=8E DV=0=A>28E @5AC@AV2 :>@?>@0FVW =0;560BL: 45@602=V :>HB8; 4>23>AB@>:>20 701>@3>20=VABL; 0<>@B870FVO; B>@3>289 :@548B; 4>23>AB@>:>2V 7>1>2 O70==O; 2=CB@VH=V 2V;L=V @575@28; :>@>B:>AB@>:>20 701>@3>20=VABL; 7>2=VH=V9 0:FV>=5@=89 :0?VB0;. "5AB 21. 5B>4 0=0;V7C @CEC 3@>H>28E :>HBV2, 70 4>?><>3>N O:>3> G8AB89 ?@81CB>: 01> 718B>: :>@83CTBLAO 7 C@0EC20==O< >?5@0FV9 =53@>H>2>3> E0@0:B5@C, 2V4AB@>G5=L, =0@0EC20=L <8=C;8E @>:V2, <091CB=VE =04E>465=L G8 ?;0B56V2 B>I> =07820TBLAO& ?@O<89 <5B>4; <5B>4 :>5DVFVT=BV2 V A?V22V4=>H5=L; =5?@O<89 <5B>4; <5B>4 :>@5;OFVW. "5AB 22. /:89 <5B>4 DV=0=A>2>3> 0=0;V7C 45B0;L=> @>7:@820T @CE 3@>H>28E :>HBV2 :>@?>@0FVW? ?@O<89 <5B>4; =5?@O<89 <5B>4; <5B>4 D0:B>@=>3> 0=0;V7C; <5B>4 :>5DVFVT=BV2; 3@0DVG=89 <5B>4. "5AB 23. >5DVFVT=B 5D5:B82=>ABV 3@>H>2>3> ?>B>:C @>7@0E>2CTBLAO O:& 2V4=>H5==O ?@81CB:C 4> G8AB>3> 3@>H>2>3> ?>B>:C; 2V4=>H5==O ?>78B82=>3> 3@>H>2>3> ?>B>:C 4> =530B82=>3> 3@>H>2>3> ?>B>:C; 2V4=>H5==O G8AB>3> 3@>H>2>3> ?>B>:C 4> =530B82=>3> 3@>H>2>3> ?>B>:C; 4>1CB>: G8AB>3> ?@81CB:C B0 G8AB>3> 3@>H>2>3> ?>B>:C; 2V4=>H5==O G8AB>3> 3@>H>2>3> ?>B>:C 4> G8AB>3> ?@81CB:C. "5AB 24. V@6>289 @8=>: DV=0=A>28E ?>A5@54=8:V2 @8=:C FV==8E ?0?5@V2 2:;NG0T: :><5@FV9=V 10=:8; @53V>=0;L=V D>=4>2V 1V@6V; V=25AB8FV9=V D>=48 V :><?0=VW; <V6=0@>4=V D>=4>2V 1V@6V; #; #$; 4>2V@GV B>20@8AB20. "5AB 25. >701V@6>289 @8=>: DV=0=A>28E ?>A5@54=8:V2 @8=:C FV==8E ?0?5@V2 2:;NG0T: :><5@FV9=V 10=:8; B>@3>2FV FV==8<8 ?0?5@0<8; @53V>=0;L=V D>=4>2V 1V@6V; #; V=25AB8FV9=V D>=48 V :><?0=VW; 270T<=V D>=48; 4>2V@GV B>20@8AB20; :>=A0;B8=3>2V :><?0=VW. "5AB 26. <VB5=B0<8 FV==8E ?0?5@V2 2 #:@0W=V <>6CBL 1CB8: <VAF52V >@30=8 2;048; N@848G=V >A>18 2AVE D>@< 2;0A=>ABV; #; V=DV=; 45@6020; A0<>@53C;V2=V >@30=V70FVW; =5@57845=B8  N@848G=V >A>18. "5AB 27. @8:;04>< A0<>@53C;V2=>W >@30=V70FVW =0 D>=4>2><C @8=:C T: >1 T4=0==O B>@3>2FV2 FV==8<8 ?0?5@0<8; ?>701V@6>289 @8=>:; ?@>D5AV9=0 0A>FV0FVO @5TAB@0B>@V2 V 45?>78B0@VW2; >1 T4=0==O ?@54AB02=8:V2 :><5@FV9=8E 10=:V2; 0A>FV0FVO 0C48B>@AL:8E :><?0=V9. "5AB 28. ;0A=89 :0?VB0; 0:FV>=5@=>3> B>20@8AB20 A:;040TBLAO 7: AB0BCB=>3> :0?VB0;C; =5>1>@>B=8E 0:B82V2 ?V4?@8T<AB20; @575@2=>3> :0?VB0;C; 4>40B:>2>3> :0?VB0;C; G8AB>3> ?@81CB:C; >A=>2=8E 70A>1V2, ?5@540=8E " =0 157>?;0B=V9 >A=>2V; =5@>7?>4V;5=>3> ?@81CB:C; >1;V30FV9, 5<VB>20=8E 0:FV>=5@=8< B>20@8AB2><. "5AB 29. > ?@02 70A=>2=8:V2 B0 0:FV>=5@V2 :>@?>@0FVW =0;560BL: CG0ABL 2 C?@02;V==V ?V4?@8T<AB2><; 28?CA: FV==8E ?0?5@V2 2V4?>2V4=> 4> 28<>3, 2AB0=>2;5=8E &$ ; >B@8<0==O 482V45=4V2; ?>30H5==O 0:FV9 C 28?04:C ;V:2V40FVW 0:FV>=5@=>3> B>20@8AB20; >B@8<0==O A?;0G5=>W 0:FV>=5@>< G0AB:8 C @07V 28O2;5=>3> 1060==O; ?5@H>G5@3>20 CG0ABL C ?@8410==V 0:FV9 C 28?04:C 4>40B:>2>W 5<VAVW; 74V9A=5==O 4VO;L=>ABV 2V4 V<5=V 0:FV>=5@=>3> B>20@8AB20 2 <560E, ?5@5410G5=8E AB0BCB><. "5AB 30. !B0BCB=89 :0?VB0; 0:FV>=5@=>3> B>20@8AB20 D>@<CTBLAO& H;OE>< 74V9A=5==O ?5@28==>W B0 4>40B:>28E 5<VAV9; BV;L:8 70 @0EC=>: 28?CA:C V @>7<VI5==O 0:FV9; 70 @0EC=>: 74V9A=5==O 2;0A=>W 5<VAVW 0:FV9 B0 >1;V30FV9; 70 @0EC=>: <0B5@V0;L=8E B0 =5<0B5@V0;L=8E 2=5A:V2 CG0A=8:V2; 70 @0EC=>: 28:>@8AB0==O 1N465B=8E :>HBV2, 284V;5=8E =0 40=V FV;V; H;OE>< >B@8<0==O :@548BV2, ?@87=0G5=8E 4;O D>@<C20==O AB0BCB=>3> :0?VB0;C. "5AB 31. V=V<0;L=89 @>7<V@ AB0BCB=>3> :0?VB0;C 0:FV>=5@=>3> B>20@8AB20 AB0=>28BL: 1250 <V=V<0;L=8E 70@>1VB=8E ?;0B; 1250 =5>?>40B:>2C20=8E <V=V<C<V2; 1050 <V=V<0;L=8E 70@>1VB=8E ?;0B; 2500 =5>?>40B:>2C20=8E <V=V<C<V2; 1200 T2@>. "5AB 32. >2=0 >?;0B0 2AVE FV==8E ?0?5@V2, O:V 1C;8 28?CI5=V :>@?>@0FVTN, T >4=VTN 7 C<>2 4;O& >B@8<0==O 4>23>B5@<V=>28E :@548BV2; 2B>@8==>3> 28?CA:C FV==8E ?0?5@V2; 74V9A=5==O V=25AB8FV9=>W 4VO;L=>ABV; 70;CG5==O DV=0=A>28E @5AC@AV2 H;OE>< 28?CA:C >1;V30FV9; 71V;LH5==O AB0BCB=>3> :0?VB0;C H;OE>< 4>40B:>2>W 5<VAVW. "5AB 33. 5>?;0G5=89 :0?VB0;  F5& AC<0 701>@3>20=>ABV :>@?>@0FVW ?5@54 2;0A=8:0<8; G0AB8=0 =5A?;0G5=>3> 1>@3C :>@?>@0FVW 70 ?@8410=89 =5>1>@>B=89 :0?VB0;; AC<0 701>@3>20=>ABV CG0A=8:V2 70 2=5A:0<8 4> AB0BCB=>3> :0?VB0;C; G0AB8=0 701>@3>20=>ABV :>@?>@0FVW 70 >45@60=V V=25AB8FV9=V @5AC@A8, A?@O<>20=V =0 @>7H8@5==O 28@>1=8G8E ?>BC6=>AB59. "5AB 34. ;0A=89 :0?VB0; :>@?>@0FVW  F5 & :0?VB0;, C <560E O:>3> 2;0A=8:8 ?V4?@8T<AB20 =5ACBL 2V4?>2V40;L=VABL ?5@54 9>3> :@548B>@0<8; :0?VB0;, ?>4V;5=89 =0 G0AB:8 @V2=>W =><V=0;L=>W 20@B>ABV; B5 A0<5, I> V AB0BCB=89 :0?VB0;; ?V4AC<>: ?5@H>3> @>74V;C ?0A82C 10;0=AC; :0?VB0;, >A=>2=8<8 A:;04>28<8 O:>3> T AB0BCB=89 :0?VB0;, 4>40B:>289 :0?VB0;, @575@2=V D>=48 B0 ?@81CB>:. "5AB 35. >40B:>289 :0?VB0;: F5 AC<0 ?@8@>ABC <09=0 ?V4?@8T<AB20, O:0 28=8:0T 2 @57C;LB0BV ?5@5>FV=:8 (V=45:A0FVW) 157>?;0B=> >45@60=8E <0B5@V0;L=8E FV==>AB59 B0 2V4 5<VAV9=>3> 4>E>4C; F5 :0?VB0;, C <560E O:>3> 2;0A=8:8 ?V4?@8T<AB20 =5ACBL 2V4?>2V40;L=VABL ?5@54 9>3> :@548B>@0<8; <>65 1CB8 ;8H5 2 0:FV>=5@=8E B>20@8AB20E; F5 >48= 7 284V2 4>E>4V2 ?V4?@8T<AB20, O:V <>6CBL 1CB8 ?>4V;5=V <V6 2;0A=8:0<8 :>@?>@0B82=8E ?@02. "5AB 36. >40B:>289 2:;045=89 :0?VB0; B0 V=H89 4>40B:>289 :0?VB0; <>6=0 28:>@8AB>2C20B8 70 B0:8<8 >A=>2=8<8 =0?@O<0<8: 1) =0 ?>:@8BBO 10;0=A>28E 718B:V2 70 C<>28, I> =0 FV FV;V 28:>@8AB0=V 2AV V=HV 465@5;0; 2) =0 71V;LH5==O AB0BCB=>3> :0?VB0;C, O:I> :>@?>@0FVO <0T =5?>:@8BV 718B:8; 3) =0 ?>:@8BBO @V7=8FV <V6 D0:B8G=>N A>1V20@BVABN 28;CG5=>3> :0?VB0;C, O:89 0=C;NTBLAO, B0 9>3> =><V=0;><; 4) =0 @>7?>4V; 7 <5B>N 28?;0B8 482V45=4V2 C 3@>H>2V9 D>@<V; 5) =0 @>7@0EC=:8 7 :@548B>@0<8 ?> 4>23>AB@>:>28E 7>1>2 O70==OE. "5AB 37. 575@2=89 :0?VB0;  F5& :0?VB0;, O:89 D>@<CTBLAO 7 <5B>N ?>:@8BBO <>6;828E 718B:V2 :>@?>@0FVW 2 @57C;LB0BV =5?>30H5==O 1>@6=8:>< AC<=V2=>W G8 157=04V9=>W 451VB>@AL:>W 701>@3>20=>ABV; :0?VB0;, AD>@<>20=89 70 @0EC=>: ?@8@>ABC <09=0 ?V4?@8T<AB20, O:89 28=8:0T 2 @57C;LB0BV ?5@5>FV=:8 (V=45:A0FVW) 157>?;0B=> >45@60=8E <0B5@V0;L=8E FV==>AB59 B0 2V4 5<VAV9=>3> 4>E>4C; @575@28, AD>@<>20=V 70 @0EC=>: G8AB>3> ?@81CB:C 2 @>7<V@0E, 2AB0=>2;5=8E 70A=>2=8FL:8<8 4>:C<5=B0<8 B0 =>@<0B82=8<8 0:B0<8. "5AB 38. 575@2=89 :0?VB0; <>65 28:>@8AB>2C20B8AL =0 B0:V FV;V: ?>:@8BBO 718B:V2 AC1 T:B0 3>A?>40@N20==O; 28?;0B8 70@>1VB=>W ?;0B8 ?5@A>=0;C; 28:C? 2;0A=8E :>@?>@0B82=8E ?@02; =0 28?;0BC 482V45=4V2 (O:I> 25;8G8=0 @575@2V2 ?5@528ICT <V=V<0;L=> 4>?CAB8<89 @V25=L); A?;0BC ?>40B:V2 =0 ?@81CB>:. "5AB 39. !0=0FV9=89 ?@81CB>:  F5 & ?@>3=>7>20=89 ?@81CB>:, O:89 ?V4?@8T<AB2> ?;0=CT >45@60B8 ?VA;O CA?VH=>3> 7025@H5==O A0=0FVW; @V7=8FO <V6 70B@0B0<8 =0 ?@>2545==O A0=0FVW B0 >45@60=>N 28@CG:>N ?VA;O DV=0=A>2>3> >74>@>2;5==O; @V7=8FO <V6 ?@81CB:>< ?V4?@8T<AB20 ?VA;O 9>3> A0=0FVW B0 ?@81CB:>< (718B:><) 4> ?@>2545==O A0=0FV9=8E 70E>4V2; @V7=8FO <V6 =><V=0;L=>N 20@BVABN ?5@540=8E 157:>HB>2=> 01> G0AB:>2> 28:C?;5=8E :>@?>@0FVTN 0:FV9 B0 FV=>N WE 28:C?C; ?@81CB>:, O:89 ?V4?@8T<AB2> >45@6CT 2 @57C;LB0BV A?8A0==O G0AB8=8 :@548B>@AL:>W 701>@3>20=>ABV. "5AB 40. # ?@>F5AV A0=0FVW 10;0=AC & ?V428ICTBLAO @>7@0EC=:>289 V @8=:>289 :C@A8 :>@?>@0B82=8E ?@02; ?>;V?HCTBLAO ?;0B>A?@><>6=VABL ?V4?@8T<AB20; ?>:@820NBLAO 2V4>1@065=V 2 10;0=AV 718B:8; 70;CG0NBLAO DV=0=A>2V @5AC@A8 4;O ?@>2545==O A0=0FV9=8E 70E>4V2 28@>1=8G>3> E0@0:B5@C; 71V;LHCTBLAO AB0BCB=89 :0?VB0; ?V4?@8T<AB20. "5AB 41. :FV>=5@=5 B>20@8AB2> <>65 28:C?8B8 0:FVW 2;0A=>3> 28?CA:C 4;O: =0ABC?=>3> ?5@5?@>406C; =0ABC?=>3> 0=C;N20==O; >45@60==O 482V45=4V2 ?V4 G0A @>7?>4V;C ?@81CB:C; @>7?>2AN465==O A5@54 A2>WE ?@0FV2=8:V2; 74V9A=5==O 0:FVO<8 2;0A=>3> 28?CA:C 2=5A:V2 C AB0BCB=89 :0?VB0; V=H8E ?V4?@8T<AB2. "5AB. >=B@>;L 70 4VO;L=VABN 0FV>=0;L=>W 45?>78B0@=>W A8AB5<8 C <560E ?>2=>2065=L, 287=0G5=8E 70:>=>402G>, 74V9A=NT: 1) *#; 2) *&$ ; 3) V=5:>=><V:8. "5AB. .@848G=0 >A>10, AB2>@5=0 C D>@<V 2V4:@8B>3> 0:FV>=5@=>3> B>20@8AB20, CG0A=8:0<8 O:>W T =5 <5=H5, =V6 10 715@V30GV2, O:0 709<0TBLAO 28:;NG=> 45?>78B0@=>N 4VO;L=VABN, 287=0G0TBLAO: 1) 715@V30G5<; 2) *45?>78B0@VT<; 3) :;V@8=3>2>N :>@?>@0FVTN. "5AB. > :>@?>@0B82=8E FV==8E ?0?5@V2 A;V4 2V4=5AB8: 1) >1;V30FVW <VAF528E ?>78:; 2) 25:A5;V; 3)* 0:FVW; 4) *45@820B828; 5) >I04=V A5@B8DV:0B8. "5AB. @8 :>=A>;V40FVW 0:FVW 2V41C20TBLAO: *:>=25@B0FVO 45:V;L:>E 0:FV9 2 >4=C =>2C 0:FVN; 2) :>=25@B0FVO 0:FVW 2 :V;L:0 0:FV9 B0:>3> A0<>3> B8?C; 3) >1<V= >4=>3> B8?C 0:FVW =0 V=H89 B8? 0:FVW B>3> A0<>3> B>20@8AB20. "5AB. >;>AC20==O, ?@8 O:><C 7030;L=0 :V;L:VABL 3>;>AV2, I> =040NBLAO 0:FV>=5@>2V ?@8 >1@0==V =03;O4>2>W @048, ?V4@0E>2CTBLAO O: :V;L:VABL G;5=V2 =03;O4>2>W @048, I> >18@0TBLAO, V 0:FV>=5@ <0T ?@02> 2V440B8 2AV ?V4@0E>20=V B0:8< G8=>< 3>;>A8 70 >4=>3> :0=4840B0 01> @>7?>4V;8B8 WE <V6 :V;L:><0 :0=4840B0<8, 287=0G0TBLAO O: & 1) ?@>?>@FV9=5; 2) *:C<C;OB82=5; 3) :>@?>@0B82=5. "5AB. A>18, O:V >4=>G0A=> T 0:FV>=5@0<8 9 ?@0FV2=8:0<8 ?V4?@8T<AB20, 2 :>@?>@0B82=V9 ?@0:B8FV 287=0G0NBLAO O: & 1) 0CBA0945@8; 2)* V=A0945@8; 3) =50DV;V9>20=V >A>18. "5AB. A>18, O:V 28:>=CNBL 2V4=>A=> :>@?>@0FVW BV;L:8 @>;L 0:FV>=5@V2, V<5=CNBLAO O: & 1) *0CBA0945@8; 2) V=A0945@8; 3) 0DV;V9>20=V >A>18. "5AB. #7030;L=5==O ?V4E>4V2 I>4> :5@>20=>ABV @CE>< 0:FV>=5@=>3> :0?VB0;C 40T <>6;82VABL 284V;8B8 >A=>2=V <>45;V :>@?>@0B82=>3> C?@02;V==O, O:V 4VAB0;8 =072C: 1) *0=3;>-0<5@8:0=AL:0; 2) :8B09AL:0; 3) *O?>=AL:0; 4) *=V<5FL:0; 5) G5AL:0. "5AB. 0O2=VABL 10=:V2, O: :;NG>28E 0:FV>=5@V2, I> @>72820NBL <VF=V 2V4=>A8=8 7 :>@?>@0FVO<8, E0@0:B5@=0 4;O B0:>W :>@?>@0B82=>W <>45;V: 1) 0=3;>-0<5@8:0=AL:0; 2) :8B09AL:0; 3) *O?>=AL:0; 4) *=V<5FL:0; 5) G5AL:0. >4C;L 2 "5AB 1. > >A=>2=8E FV;59 71V;LH5==O AB0BCB=>3> :0?VB0;C 2V4=>A8BLAO: ?@>2545==O @5AB@C:BC@870FVW 2;0A=>3> :0?VB0;C :>@?>@0FVW; ?5@5@>7?>4V; :>@?>@0B82=8E ?@02; 70;CG5==O 4>40B:>28E V=25AB8FV9=8E @5AC@AV2; ?@>2545==O @5AB@C:BC@870FVW 7>1>2 O70=L :>@?>@0FVW; D>@<C20==O 4>E>4V2 7 <5B>N DV=0=AC20==O 718B:V2; ?V428I5==O @8=:>2>W FV=8 0:FVW. "5AB 2. > 465@5; DV=0=AC20==O 71V;LH5==O AB0BCB=>3> :0?VB0;C 2V4=>AOBLAO: V=45:A0FVO AB0BCB=>3> :0?VB0;C; @5AB@C:BC@870FVO 1>@3>28E 7>1>2 O70=L :>@?>@0FVW; 4>23>AB@>:>2V :@548B8 10=:V2; DV=0=A>2V @5AC@A8 7>2=VH=VE V=25AB>@V2; 4>40B:>2V 2=5A:8 CG0A=8:V2; V=45:A0FVO =5>1>@>B=8E 0:B82V2 :>@?>@0FVW. "5AB 3. 8:>@8AB>2CNBLAO B0:V A?>A>18 71V;LH5==O AB0BCB=>3> :0?VB0;C: 71V;LH5==O @8=:>2>W 20@B>ABV 0:FVW; 71V;LH5==O :V;L:>ABV 0:FV9 B>3> 6 =><V=0;C; ?@>2545==O >1<V=C >1;V30FV9 45@602=8E ?>78: =0 0:FVW :>@?>@0FVW; 71V;LH5==O =><V=0;L=>W 20@B>ABV 0:FV9 ?@8 =57<V==V9 WE :V;L:>ABV; 74V9A=5==O 4>40B:>2>W 5<VAVW 0:FV9 B0 WE 45=><V=0FVO; 5<VAVO :>=25@B>20=8E >1;V30FV9; ?@8410==O >A=>2=8E D>=4V2. "5AB 4. A=>2=8<8 FV;O<8 7<5=H5==O AB0BCB=>3> :0?VB0;C T: >45@60==O A0=0FV9=>3> ?@81CB:C; ?V428I5==O ?;0B>A?@><>6=>ABV ?V4?@8T<AB20; 71V;LH5==O =><V=0;L=>W 20@B>ABV :>@?>@0B82=8E ?@02; ?V428I5==O @8=:>2>W 20@B>ABV :>@?>@0B82=8E ?@02; :>=F5=B@0FVO AB0BCB=>3> :0?VB0;C 2 @C:0E =090:B82=VH8E 2;0A=8:V2. "5AB 5. >=25@AVO 0:FV9 & F5 >1 T4=0==O :V;L:>E 0:FV9 2 >4=C; F5 7<5=H5==O =><V=0;L=>W 20@B>ABV 0:FV9; ?5@5410G0T >1<V= 70 2AB0=>2;5=8< A?V22V4=>H5==O< >4=VTW :V;L:>ABV 0:FV9 =0 V=HC; ?5@5410G0T 28:C? 0:FV9 7 <5B>N WE 0=C;N20==O; ?5@5410G0T >1<V= :>=25@AV9=8E >1;V30FV9 =0 728G09=V 0:FVW. "5AB 6. &V=0 :>=25@AVW  F5: @V7=8FO <V6 =><V=0;L=>N B0 :>=A>;V4>20=>N 20@BVABN 0:FV9; ?@81CB>:, >B@8<0=89 2 @57C;LB0BV @50;V70FVW 0:FV9 B8E 0:FV>=5@V2, O:V =5 28:>@8AB0;8 A2>WE ?5@5206=8E ?@02; FV=0 0:FVW 2 @>7@0EC=:C ?@8 >1<V=V >1;V30FV9 =0 0:FVW; @V7=8FO <V6 :>=25@B>20=>N B0 =><V=0;L=>N 20@BVABN 0:FV9. "5AB 7. 8:C? :>@?>@0B82=8E ?@02 C A0=0FV9=8E FV;OE 4>FV;L=> 74V9A=N20B8, O:I> & 28:C? ?@>2>48BLAO 70 FV=>N, 28I>N 70 =><V=0;; C ?V4?@8T<AB20 4C65 28A>:89 @V25=L :0?VB0;V70FVW; 28:C? ?@>2>48BLAO 70 =><V=0;><; 28:C? 74V9A=NTBLAO 70 FV=>N, =86G>N 70 =><V=0;L=C 20@BVABL; 70 40=8<8 :>@?>@0B82=8<8 ?@020<8 ?V4?@8T<AB2> <>65 >B@8<0B8 28A>:V 482V45=48. "5AB 8. @5D5@5=FVW, O:V =040NBLAO 2;0A=8:0< ?@82V;59>20=8E 0:FV9, <>6CBL ?>;O30B8 C B0:><C: >45@60==O ?52=8E ?5@5203 ?@8 @>7?>4V;V ?@81CB:C B0 28?;0BV 482V45=4V2; 4>40B:>2V ?@020 ?@8 @>7<VI5==V =>28E 0:FV9; 02B><0B8G=5 >1@0==O 2 =03;O4>2C @04C; ?>25@=5==O 2=5A:V2 C AB0BCB=89 :0?VB0; 157 C@0EC20==O 70?5@5G5=L :@548B>@V2; ?5@52038 ?@8 @>7?>4V;V ;V:2V40FV9=>W 28@CG:8. "5AB 9. !B0BCB=89 :0?VB0; 0:FV>=5@=>3> B>20@8AB20 AB0=>28BL 4 <;=. 3@=. (=><V=0;L=0 20@BVABL >4=VTW 0:FVW 50 3@=.); AC<0 71V;LH5==O :0?VB0;C 4>@V2=NT 1 <;=. 3@=.; 1V@6>289 :C@A AB0@8E 0:FV9  100 3@=.; :C@A 5<VAVW =>28E 0:FV9  60 3@=. !5@54=V9 :C@A 0:FV9 ?VA;O 5<VAVW 4>@V2=N20B8<5: 90 3@=.; 68 3@=.; 92 3@=.; 88 3@=.; 75 3@=. "5AB 10. !B0BCB=89 :0?VB0; 1C;> 71V;LH5=> 4> 15 <;=. 3@=.; 4;O FL>3> 1C2 28:>@8AB0=89 4>40B:>289 :0?VB0; C @>7<V@V 5 <;=. 3@=.; 10;0=A>289 (@>7@0EC=:>289) :C@A 0:FV9 ?5@54 71V;LH5==O< AB0=>282 200%. VA;O 71V;LH5==O ! 10;0=A>289 :C@A 0:FV9 4>@V2=N20B8<5: 133,3%; 150,0%; 200,0%; 175,0%; 166,6%. "5AB 11. > >A=>2=8E 28B@0B =0 ?@>2545==O 5<VAVW FV==8E ?0?5@V2 =0;560BL B0:V (?5@5;VG8B8): 1), 2), 3)& "5AB 12. 5@5206=5 ?@02> =0 ?@8410==O 0:FV9 (G0AB>:) 40T <>6;82VABL AB0@8< 2;0A=8:0< & >B@8<0B8 4>40B:>2V 4>E>48 C @07V 71V;LH5==O AB0BCB=>3> :0?VB0;C; 715@53B8 A2>N G0AB:C (C ?@>F5=B=><C A?V22V4=>H5==V) 2 AB0BCB=><C :0?VB0;V; ?>?5@548B8 @>7<820==O 20@B>ABV A2>TW G0AB:8 2 AB0BCB=><C :0?VB0;V 2=0A;V4>: 5<VAVW 0:FV9 70 =87L:8< :C@A><; 715@53B8 A2>N G0AB:C 3>;>AV2 =0 7030;L=8E 71>@0E 2;0A=8:V2; ?@8410B8 =>2V 0:FVW 70 FV=>N, =86G>N 70 =><V=0;L=C 20@BVABL. "5AB 13. "0:><C 284C @5AC@AV2, O: =5@CE><VABL, 2V4?>2V40NBL =0ABC?=V FV==V ?0?5@8: 0:FVO; V?>B5G=5 ?>A2V4G5==O; ?@820B870FV9=89 G5:; 70AB02=V 4>:C<5=B8; 25:A5;L; :>=>A0<5=B. "5AB 14. "0:><C 284C @5AC@AV2, O: ?@>4C:FVO, 2V4?>2V40NBL =0ABC?=V FV==V ?0?5@8: A:;04AL:5 ?>A2V4G5==O, I> <0T >1V3; B>20@=89 D NG5@A=89 :>=B@0:B; :>=>A0<5=B; =>B0; 10=:V2AL:89 0:F5?B; B>20@=89 >?FV>=. "5AB 15. > FV==8E ?0?5@V2 4@C3>3> ?>@O4:C =0;560BL: 25:A5;L; 0:@548B82; >?FV>=; 20@0=B; :>=>A0<5=B; D NG5@A. "5AB 16. > FV==8E ?0?5@V2 ?5@H>3> ?>@O4:C =0;560BL: >1;V30FVO; 25:A5;L; 0:FVO; 0:@548B82. "5AB 17. > >A=>2=8E DC=:FV9 FV==8E ?0?5@V2 <>6=0 2V4=5AB8 =0ABC?=V: C?@02;V=AL:0; 70157?5GC20;L=0; <>1V;V70FV9=0; @53C;OB>@=0; 0:C<C;NNG0; ?>78G0;L=0; @>7@0EC=:>20; 2V4?>2V40;L=0. "5AB 18. >45;L 48A:>=BC20==O 3@>H>2>3> ?>B>:C 28:>@8AB>2CTBLAO 4;O >FV=:8: ?>EV4=8E FV==8E ?0?5@V2; ?5@28==8E FV==8E ?0?5@V2; 45@820B82V2. "5AB 19. >45;L FV=>CB2>@5==O 28:>@8AB>2CTBLAO 4;O >FV=:8: 45@820B82V2; ?5@28==8E FV==8E ?0?5@V2; >?FV>=V2. "5AB 20. 07>20 <>45;L >FV=:8 DV=0=A>28E 0:B82V2 V=0:H5 =07820TBLAO: DCF  <>45;L; <5B>4 48A:>=BC20==O Cash-flow; <>45;L 0@:>28FO. "5AB 21. 0B5<0B8G=0 <>45;L >FV=:8 3@>H>2>W 20@B>ABV >1;V30FVW @C=BCTBLAO =0: =0@>IC20==V 20@B>ABV >1;V30FVW B0 FV=8 ?@5<VW C 2V4?>2V4=>ABV 7 B5@<V=>< 28?CA:C; 48A:>=BC20==V 3@>H>28E ?>B>:V2, O:V 28?;0GCNBLAO ?@>BO3>< 2AL>3> B5@<V=C 4> ?>30H5==O. "5AB 22. # 2V4?>2V4=>ABV 4> C<>2 28?CA:C >1;V30FVW 1C20NBL (?5@5;VG8B8): 1), 2), 3)& "5AB 23. 3V4=> 70:>=>402AB20 B0 I>4> 5<VB5=BV2 FV==8E ?0?5@V2 >1;V30FVW 1C20NBL (?5@5;VG8B8): 1), 2), 3)& "5AB 24. 1V;LH5==O 7=0G5==O @8=:>2>W 2V4A>B:>2>W AB02:8 ?> 0=0;>3VG=8E DV=0=A>28E V=AB@C<5=B0E ?@872>48BL 4>: 7<5=H5==O ?>B>G=>W 20@B>ABV FV==>3> ?0?5@C; 7@>AB0==O ?@81CB:V2 ?>@BD5;L=>3> V=25AB>@0; 71V;LH5==O ?>B>G=>W 20@B>ABV FV==>3> ?0?5@C. "5AB 25. !?>AV1 >FV=:8 ?@82V;59>20=8E 0:FV9 287=0G0TBLAO O:: <5B>4 =0@0EC20==O A:;04=8E 2V4A>B:V2; =5A:V=G5==89 0=CWB5B; ?>ABV9=> 7@>AB0NG89 B5<? 482V45=4V2. "5AB 26. 07>25 @V2=O==O @8=:>2>W 20@B>ABV 728G09=8E 0:FV9 ?>;O30T 2 B><C, I>: @>7@0E>2CTBLAO 482V45=4 7 ?>ABV9=> 7@>AB0NG8< B5<?><; @8=:>20 20@BVABL 0:FVW 2?;820T =0 @>7<V@ 482V45=4=8E 28?;0B; 4V9A=0 @8=:>20 20@BVABL 0:FVW  F5 ?>B>G=0 20@BVABL >GV:C20=8E C <091CB=L><C 482V45=4V2. "5AB 27. >45;L >FV=:8 728G09=8E 0:FV9 ?5@5410G0T, I> =5A:V=G5==0 ?>A;V4>2=VABL 482V45=4V2 2 =5>3;O4=><C 3>@87>=BV: 70<V=NTBLAO B5@<V=0;L=8< 7=0G5==O< "; @>7@0E>2CTBLAO 7 C@0EC20==O< ?@81CB:>2>ABV 0=0;>3VG=8E DV=0=A>28E V=AB@C<5=BV2; =0@>ICTBLAO <5B>4>< A:;04=8E 2V4A>B:V2. "5AB 28. >45;L >FV=:8 20@B>ABV 0:FV9 7V AB01V;L=8< B0 ?>ABV9=> 7@>AB0NG8< @V2=5< 482V45=4V2 2V4><0 O:: <>45;L 0C<>;O; <>45;L >@4>=0; <>45;L (0@?0. "5AB 29. 0DV:A>20=5 1V@6>2>N C3>4>N ?@02> :C?C20B8 G8 ?@>4020B8 FV==V ?0?5@8 =0 ?52=8E C<>20E 70 DV:A>20=>N FV=>N =07820TBLAO: >?FV>=; 20@0=B; D NG5@A. "5AB 30. 0:A8<0;L=89 B5@<V= >?FV>=V2 ?>:C?FO V ?@>402FO AB0=>28BL: 2V4 6 4> 12 <VAOFV2; 1-2 @>:8; 2V4 9 4> 12 <VAOFV2. "5AB 31. 0@0=B  F5& ?>EV4=89 FV==89 ?0?V@ 2V4 :>=25@B>20=>W >1;V30FVW; @V7=>284 >?FV>=C ?>:C?FO; 45@820B82. "5AB 32. "5>@5B8G=0 FV=0 20@0B=C 287=0G0TBLAO O:: @V7=8FO <V6 FV=>N 728G09=>W 0:FVW V 2AB0=>2;5=>N FV=>N =0 0:FVW, ?><=>65=0 =0 :V;L:VABL 0:FV9, =0 O:V >1<V=NTBLAO 20@0=B; @V7=8FO <V6 FV=>N ?@82V;59>20=>W B0 728G09=>W 0:FVW, ?><=>65=0 =0 :V;L:VABL >1;V30FV9, :>=25@B>20=8E 2 0:FVW; @V7=8FO <V6 :V;L:VABN 0:FV9, I> >1<V=NNBLAO =0 >1;V30FVW, ?><=>65=0 =0 :V;L:VABL 20@0=BV2, 28?CI5=8E 4;O >1<V=C. "5AB 33. A=>2=8<8 D>@<0<8 ?>78:>2>3> :0?VB0;C T: 5<VB>20=V :>@?>@0FVTN >1;V30FVW; >B@8<0=V 25:A5;O; :0?VB0;, >B@8<0=89 =0 C<>20E ;V78=3C; ?>78:8 10=:C; 3@>H>2V :>HB8 V=25AB>@V2. "5AB 34. 5>1EV4=VABL @>7@0EC=:C FV=8 :0?VB0;C >1@C=B>2CTBLAO =0ABC?=8<8 ?@8G8=0<8: 4;O 287=0G5==O =0O2=8E ;V:2V4=8E 0:B82V2 ?@8 @>7@0EC=:0E 7 :@548B>@0<8; 4;O C?@02;V==O AB@C:BC@>N :0?VB0;C; 4;O 287=0G5==O @V2=O DV=0=A>28E 28B@0B DV@<8 7 <5B>N ?V4B@8<:8 A2>3> 5:>=><VG=>3> ?>B5=FV0;C; ?@8 287=0G5==V @8=:>2>W 20@B>ABV 2;0A=>3> :0?VB0;C :>@?>@0FVW; 4;O >1@C=BC20==O @VH5=L 70 V=25AB8FV9=8<8 ?@>5:B0<8, I> ?@89<0NBLAO; ?@8 >FV=FV 20@B>ABV :>@?>@0FVW; 4;O 287=0G5==O ?>B@V1=>W 4>E>4=>ABV ?> :0?VB0;C. "5AB 35. V4 <0@68=0;L=>N 20@BVABN :0?VB0;C @>7C<VNBL: @V7=8FN <V6 =><V=0;L=>N B0 @8=:>2>N 20@BVABN :0?VB0;C; 7<V=C 2 7030;L=V9 AC<V ?@81CB:C 2V4 V=25AB8FV9, =5>1EV4=C 4;O 704>2>;5==O 28<>3 V=25AB>@V2; 7<V=C 2 7030;L=V9 20@B>ABV :0?VB0;C G5@57 71V;LH5==O (7<5=H5==O) FV=8 V=AB@C<5=BV2 DV=0=A>2>3> @8=:C. "5AB 36. $V=0=A>289 ;525@846  F5: 1) 2V4=>H5==O FV=8 2;0A=>3> :0?VB0;C :>@?>@0FVW 4> ?>78:>28E :>HBV2; 2) ?>:07=8:, O:89 E0@0:B5@87CT 28:>@8AB0==O ?>78G>: 01> ?@82V;59>20=8E 0:FV9 4;O D>@<C20==O D>=4V2 :>@?>@0FVW; 3) ?>:07=8:, I> E0@0:B5@87CT A?V22V4=>H5==O <V6 5D5:B82=VABN 28:>@8AB0==O 4>23>AB@>:>28E B0 :>@>B:>AB@>:>28E ?>78: DV=0=A>28E CAB0=>2; 4) ?>:07=8:, I> @>7@0E>2CTBLAO 2V4=>H5==O< FV=8 2;0A=>3> :0?VB0;C :>@?>@0FVW 4> @>7<V@C G8AB>3> ?@81CB:C, >B@8<0=>3> C 2V4?>2V4=><C 72VB=><C ?5@V>4V. "5AB 37. 848 <09=>28E B0 V=B5;5:BC0;L=8E FV==>AB59, I> 2:;040NBLAO 2 >1 T:B8 ?V4?@8T<=8FL:>W 4VO;L=>ABV, 2 @57C;LB0BV O:>W AB2>@NTBLAO ?@81CB>:& =07820NBLAO: V=25AB8FVW; DV=0=A>2V V=AB@C<5=B8 V=25ABC20==O; @50;L=V V=25AB8FVW. "5AB 38. >7@V7=ONBL =0ABC?=V ?V4E>48 4> >FV=:8 V=25AB8FV9: 48=0<VG=89 0=0;V7; :>@5;OFV9=89 0=0;V7; AB0B8AB8G=89 0=0;V7; D0:B>@=89 0=0;V7. "5AB 39. ;O >FV=:8 DV=0=A>28E 2:;045=L 7 DV:A>20=>N AB02:>N 4>EV4=>ABV 70AB>A>2CNBL: :@8B5@V9 @8=:>2>W ?@81CB:>2>ABV; <5B>4 5D5:B82=>W AB02:8 2V4A>B:C; <5B>4 287=0G5==O 2=CB@VH=L>W =>@<8 ?@81CB:>2>ABV. "5AB 40. >7@0EC=>: 2V4=>A=>3> ?>:07=8:0 ?@8 >FV=FV V=25AB8FV9  AB02:8 4>EV4=>ABV, 70 O:>W 20@BVABL V=25AB8FV9 4>@V2=NT =C;N, F5& <5B>4 5D5:B82=>W ?@81CB:>2>ABV; <5B>4 5D5:B82=>W AB02:8 2V4A>B:C; <5B>4 287=0G5==O IRR. "5AB 41. 09206;82VH8< V=AB@C<5=B>< >FV=:8 @878:C 7<V=8 2V4A>B:>28E AB02>: B0 9>3> =59B@0;V70FVW T: @>7@0EC=>: ?>:07=8:0 4N@0FVW; >?B8<V70FVO V=25AB8FV9=>3> ?>@BD5;O; @53C;N20==O A:;04C ?>@BD5;O. "5AB 42. #?@02;V==O ?>@BD5;5<, =0FV;5=5 =0 AB2>@5==O 4>23>AB@>:>2>3> ?>@BD5;O FV==8E ?0?5@V2 7 287=0G5=8< @V2=5< @878:C B0 287=0G5=8< ?@81CB:><  F5: ?0A82=5 C?@02;V==O; 0:B82=5 C?@02;V==O; AB@0B53VG=5 C?@02;V==O. "5AB 43. ?B8<V70FVO ?>@BD5;O FV==8E ?0?5@V2 4>AO30TBLAO H;OE><: 281>@C 1V;LH ?@81CB:>28E FV==8E ?0?5@V2; 2:;NG5==O 4> ?>@BD5;N @V7=8E DV=0=A>28E V=AB@C<5=BV2; 71V;LH5==O :V;L:>ABV FV==8E ?0?5@V2 2 ?>@BD5;V. "5AB 44. >45;L >?B8<V70FVW ?>@BD5;O FV==8E ?0?5@V2 7040TBLAO =0ABC?=8<8 25;8G8=0<8: 4>E>4=VABL; :V;L:VABL FV==8E ?0?5@V2 C ?>@BD5;V; ?8B><0 2030 FV==>3> ?0?5@C 2 ?>@BD5;V; @878:; 2848 FV==8E ?0?5@V2. "5AB 45. A=>2=89 7<VAB @5>@30=V70FVW ?>;O30T 2 & ?>2=V9 01> G0AB:>2V9 7<V=V 2;0A=8:0 AB0BCB=>3> :0?VB0;C N@848G=>W >A>18; ?5@5@5TAB@0FVW ?V4?@8T<AB20; 7<V=V >@30=V70FV9=>-?@02>2>W D>@<8 >@30=V70FVW 1V7=5AC; 7<V=V @>7<V@C AB0BCB=>3> :0?VB0;C; 7<V=V A:;04C 70A=>2=8:V2. "5AB 46. > >A=>2=8E <>B82V2 @5>@30=V70FVW :>@?>@0FVW <>6=0 2V4=5AB8 B0:V (?5@5;VG8B8): 1), 2), 3)& "5AB 47. ;NG>28< 4>:C<5=B><, O:89 A:;040TBLAO ?V4 G0A @5>@30=V70FVW :>@?>@0FVW, T: C3>40 AB>@V=, I> ?@89<0NBL CG0ABL 2 @5>@30=V70FVW; ?5@540B>G=89 01> @>7?>4V;L=89 10;0=A; ?;0= @5>@30=V70FVW. "5AB 48. A=>2=8< 4>:C<5=B><, O:89 287=0G0T ?@020 B0 >1>2 O7:8 AB>@V= C E>4V @5>@30=V70FVW :>@?>@0FVW, T: C3>40 ?@> ?@>2545==O @5>@30=V70FVW (?;0= @5>@30=V70FVW); CAB0=>2GV 4>:C<5=B8 ?V4?@8T<AB2, I> @5>@30=V7CNBLAO; CAB0=>2GV 4>:C<5=B8 =>2>AB2>@5=>3> ?V4?@8T<AB20; =>@<0B82=5 ?>;>65==O &$ . "5AB 49. 5>@30=V70FV9=89 ?@81CB>: 4;O 2;0A=8:V2 <>65 28=8:=CB8 2 B><C @07V, O:I>: @8=:>20 20@BVABL 0:FV9, 5<VB>20=8E @5>@30=V7>20=8< ?V4?@8T<AB2><, ?5@528ICT 20@BVABL :>@?>@0B82=8E ?@02; 20@BVABL G8AB8E 0:B82V2, I> ?5@540NBLAO ?@02>=0ABC?=8:C, ?5@528ICT 20@BVABL :>@?>@0B82=8E ?@02, 5<VB>20=8E @5>@30=V7>20=8< ?V4?@8T<AB2><; AB0BCB=89 :0?VB0; =>2>AB2>@5=>3> 2 E>4V @5>@30=V70FVW ?V4?@8T<AB20 <5=H89 70 AB0BCB=89 :0?VB0; ?@02>?>?5@54=8:0 (?@02>?>?5@54=8:V2). "5AB 50. V4 G0A @5>@30=V70FVW :>@?>@0FVW A;V4 2@0E>2C20B8 : 7030;L=89 AB0= DV=0=A>2>3> B0 D>=4>2>3> @8=:V2; <>6;82V 5:>;>3VG=V, 45<>3@0DVG=V B0 V=HV =0A;V4:8 ;>:0;L=>3> <0AHB01C; AB0= @>7@0EC=:V2 7 :@548B>@0<8; 28<>38 0=B8<>=>?>;L=>3> 70:>=>402AB20. "5AB 51. 5@540G0 0:B82V2 2V4 >4=>3> ?V4?@8T<AB20 4> V=H>3> =5 >?>40B:>2CTBLAO C B><C 28?04:C, O:I>: 2V41C20TBLAO 2=5A>: >4=>3> ?V4?@8T<AB20 2 AB0BCB=89 :0?VB0; V=H>3> 4;O D>@<C20==O FV;VA=>3> <09=>2>3> :><?;5:AC >AB0==L>3> 2 >1<V= =0 9>3> :>@?>@0B82=V ?@020; ?V4?@8T<AB2>, I> ?5@540TBLAO, T 718B:>28<; C E>4V ?5@540GV AB2>@NTBLAO =>20 N@848G=0 >A>10. "5AB 52. 0 107C 4;O 2AB0=>2;5==O ?@>?>@FV9 >1<V=C :>@?>@0B82=8E ?@02 ?V4?@8T<AB2, I> @5>@30=V7CNBLAO, =0 0:FVW 01> G0AB:8 2 AB0BCB=><C :0?VB0;V ?V4?@8T<AB20-?@02>=0ABC?=8:0 4>FV;L=> 28:>@8AB>2C20B8: @>7<V@ AB0BCB=>3> :0?VB0;C ?V4?@8T<AB20, I> @5>@30=V7CTBLAO; 25;8G8=C 701>@3>20=>ABV ?V4?@8T<AB20, I> @5>@30=V7CTBLAO; @8=:>289 :C@A :>@?>@0B82=8E ?@02 ?V4?@8T<AB2, I> @5>@30=V7CNBLAO; 25;8G8=C =5>1>@>B=8E 0:B82V2 ?V4?@8T<AB2; >FV=>G=C @8=:>2C 20@BVABL ?V4?@8T<AB2. "5AB 53. 5>1EV4=VABL ?5@5@5TAB@0FVW ?V4?@8T<AB20 28=8:0T, O:I> @5AB@C:BC@870FVO ?V4?@8T<AB20 ?@82>48BL 4> 7<V=& >@30=V70FV9=>-?@02>2>W D>@<8; <VAF57=0E>465==O ?V4?@8T<AB20; D>@<8 2;0A=>ABV; @>7<V@V2 AB0BCB=>3> :0?VB0;C; =0728 N@848G=>W >A>18. "5AB 54. # @07V @5>@30=V70FVW 1>@6=8:0 H;OE>< 7;8BBO 01> ?@8T4=0==O 9>3> 4> V=H>3>, AB01V;L=VH>3> ?V4?@8T<AB20& 1CE30;B5@AL:V 10;0=A8 >1>E ?V4?@8T<AB2 :>=A>;V4CNBLAO; 701>@3>20=VABL ?V4?@8T<AB20-1>@6=8:0 ?>:@820TBLAO :>;8H=V<8 2;0A=8:0<8 9>3> :>@?>@0B82=8E ?@02; ?V4?@8T<AB2>-1>@6=8: 28:;NG0TBLAO 7 45@602=>3> @5TAB@C B0 2B@0G0T A2V9 N@848G=89 AB0BCA; 1>@38 1>@6=8:0 287=0NBLAO 157=04V9=8<8; CAV <09=>2V ?@020 B0 >1>2 O7:8 >1>E AB>@V= ?V4?@8T<AB2 ?5@5E>4OBL 4> N@848G=>W >A>18, O:0 28=8:;0 2 @57C;LB0BV 7;8BBO (?@8T4=0==O). "5AB 55. #<>20, 70 O:>W 7030;L=89 @57C;LB0B T 1V;LH8< 70 AC<C G0AB>: ?@8 @5>@30=V70FVW <0T =072C& :>=A>;V40FVO; A8=5@3V7<; 0:2V78FVO ?>3;8=0==O. "5AB 56. VH5==O ?@> @5>@30=V70FVN 0:FV>=5@=>3> B>20@8AB20 ?>28==5 ?@89<0B8AO: ?@>AB>N 1V;LHVABN 3>;>AV2 =0 7030;L=8E 71>@0E 0:FV>=5@V2; A?>AB5@56=>N @04>N B>20@8AB20; 3>;>AV2 =0 7030;L=8E 71>@0E 0:FV>=5@V2. "5AB 57. /:V 7 =02545=8E 28A;>2;N20=L ?@028;L=V? C @07V 7;8BBO 2AV <09=>2V ?@020 B0 >1>2 O7:8 :V;L:>E N@848G=8E >AV1 :>=F5=B@CNBLAO =0 10;0=AV >4=>3> =>2>AB2>@5=>3> ?V4?@8T<AB20; ?@8 ?@8T4=0==V <09=> >1>E ?V4?@8T<AB2 :>=F5=B@CTBLAO =0 10;0=AV 265 DC=:FV>=CNG>3> =0 <><5=B ?@89=OBBO @VH5==O ?@> ?@8T4=0==O, ?V4?@8T<AB20; ?@8 7;8BBV 10;0=A8 ?V4?@8T<AB2 :>=A>;V4CNBLAO 157 AB2>@5==O =>2>W N@848G=>W >A>18; ?@8 ?@8T4=0==V 2 >1>2 O7:>2><C ?>@O4:C AB2>@NTBLAO =>20 N@848G=0 >A>10; ?@8 ?@8T4=0==V ?V4?@8T<AB2>-?@02>=0ABC?=8: <>65 7<V=N20B8 D>@<C >@30=V70FVW 1V7=5AC (?5@5B2>@5==O). "5AB 58. V4 G0A @5>@30=V70FVW H;OE>< 284V;5==O& G0AB8=0 0:B82V2 V ?0A82V2 ?V4?@8T<AB20, I> @5>@30=V7CTBLAO, ?5@540TBLAO ?@02>=0ABC?=8:>2V 01> :V;L:>< ?@02>=0ABC?=8:0<, O:V AB2>@NNBLAO 2=0A;V4>: @5>@30=V70FVW; ?V4?@8T<AB2>, I> @5>@30=V7CTBLAO, ?@>4>26CT A2>N DV=0=A>2>-3>A?>40@AL:C 4VO;L=VABL; ?V4?@8T<AB2>, I> @5>@30=V7CTBLAO, =5 2B@0G0T AB0BCAC N@848G=>W >A>18, 0 ;8H5 2=>A8BL 7<V=8 4> CAB0=>2G8E 4>:C<5=BV2 73V4=> 7 G8==8< 70:>=>402AB2><; ?V4?@8T<AB2>, I> @5>@30=V7CTBLAO, ?@>4>26CT 3>A?>40@AL:C 4VO;L=VABL, >4=0: 2B@0G0T N@848G=89 AB0BCA; @5>@30=V7>20=5 ?V4?@8T<AB2> ?>28==> ?5@5@5TAB@C20B8AO. "5AB 59. 15@565==O AB0BCAC N@848G=>W >A>18 ?V4?@8T<AB20 B0 A:;04C 9>3> 2;0A=8:V2 V 7<V=0 >@30=V70FV9=>-?@02>2>W D>@<8 2545==O 1V7=5AC ?5@5410G0NBLAO B0:8< A?>A>1>< @5>@30=V70FVW: 7;8BBO; 0:2V78FVO; ?5@5B2>@5==O; ?@8T4=0==O; 284V;5==O. 2.2. FV=N20==O 7=0=L "01;8FO ><5@ <>4C;L=>3> 70240==O><5@ B5<8$>@<0 :>=B@>;N>4C;L=5 70240==O 1"5<8 1-7"5AB>289 :>=B@>;L 7=0=L>4C;L=5 70240==O 2"5<8 8-15"5AB>289 :>=B@>;L 7=0=LV4AC<:>289 :>=B@>;LA?8B>@O4>: >FV=N20==O 7=0=L ABC45=BV2 V A;CE0GV2 0?@O<:8 :>=B@>;N0;80 70;V:0 VA?8B1. >B>G=89 :>=B@>;L1.1. FV=N20==O 7=0=L 70 @57C;LB0B0<8 ?>B>G=>3> :>=B@>;N ?> <>4C;OE 70 4-E 10;L=>N A8AB5<>N: 2 3 4 5 0 10 20 30 0 10 20 301.2. FV=N20==O 70240=L 4;O A0<>ABV9=>3> >?@0FN20==O (28:>=0==O :>=B@>;L=>W @>1>B8) 70 4-E 10;L=>N A8AB5<>N: 2 3 4 5 0 10 20 30 0 10 20 30 57C;LB0B8 ?>B>G=>3> :>=B@>;N60602. V4AC<:>289 :>=B@>;L2.1.8AL<>289 70;V: ( 2 70240==O): 1- B5AB>25 70240==O 2- ?@0:B8G=5 70240==O AL>3>: 10-20 5 15-252.2. 8AL<>289 VA?8B (2 70240==O ): 1- B5AB>25 70240==O 2 3 4 5 2- ?@0:B8G=5 70240==O AL>3>: 4> 15 16-20 21-25 26-30 0-10 15-40 07><:7515-100 >=B@>;L=V 70240==O  2. 5B>48G=V @5:><5=40FVW 4> 28:>=0==O :>=B@>;L=>W @>1>B8 4=VTN 7 D>@< ?5@52V@:8 7=0=L ABC45=BV2-70>G=8:V2 T =0?8A0==O V=482V4C0;L=>W :>=B@>;L=>W @>1>B8, O:0 28:>=CTBLAO 2 <V6A5AV9=89 ?5@V>4. 5B>N :>=B@>;L=>W @>1>B8 T 70:@V?;5==O 9 ?>3;81;5==O B5>@5B8G=8E 7=0=L B0 =01CBBO ABC45=B0<8 ?@0:B8G=8E =028G>: @>72 O70==O ?8B0=L D>@<C20==O DV=0=AV2 :>@?>@0FV9, 0 B0:>6 DV=0=A>28E 0A?5:BV2 C?@02;V==O :>@?>@0B82=8< :0?VB0;>< 9 V=AB@C<5=B0<8 D>=4>2>3> @8=:C. 2.1. <VAB :>=B@>;L=>W @>1>B8 B0 WW 28:>=0==O >6=89 20@V0=B :>=B@>;L=>W @>1>B8 <VAB8BL 420 B5>@5B8G=V ?8B0==O, B5AB8 V 7040GC.  ?8B0==OE B5>@5B8G=>W G0AB8=8 =5>1EV4=>: @>7:@8B8 ACB=VABL 5:>=><VG=>3> O28I0, ?@>F5AC 01> A8BC0FVW, I> @>73;O40TBLAO; 74V9A=8B8 :@8B8G=89 0=0;V7 @>1VB 70@C1V6=8E V 2VBG87=O=8E 5:>=><VABV2 V7 707=0G5=>3> ?8B0==O; 28A2VB;8B8 ?@>1;5<=V ?8B0==O, O:V =0 ?>3;O4 ABC45=B0 I5 =5 @>72 O70=V; ?V4:@5A;8B8 2;0A=C 4C<:C V ?>78FVN I>4> @>72 O70==O VA=CNG8E ?@>1;5<, >1@C=BC20B8 2;0A=V ?>3;O48. !BC45=B ?>28=5= B2>@G> ?V4V9B8 4> =0?8A0==O B5>@5B8G=>W G0AB8=8 :>=B@>;L=>W @>1>B8, 28:;0AB8 2;0A=C 4C<:C, >1@C=BC20B8 WW, C @07V =5>1EV4=>ABV  ?>40B8 B01;8FV 9 @8AC=:8. 8:;045=89 <0B5@V0; <0T 1CB8 ?V4:@V?;5=89 ?>A8;0==O<8 =0 ;VB5@0BC@=V 465@5;0. V4?>2V4V =0 B5AB>2V 70240==O >1@C=B>2CNBLAO V ?>OA=NNBLAO. @8 @>72 O70==V 7040GV =5>1EV4=> 28:>=0B8 GVB:V @>7@0EC=:8 7 =0?8A0==O< 2V4?>2V459 >B@8<0=8E @57C;LB0BV2. 2.2. 81V@ 20@V0=B0 :>=B@>;L=>W @>1>B8 0@V0=B :>=B@>;L=>W @>1>B8 2818@0TBLAO ABC45=B>< 70 4>?><>3>N B01;8FV 70;56=> 2V4 ?5@H>W ;VB5@8 ?@V728I0 (25@B8:0;L B01;8FV) B0 >AB0==L>W F8D@8 =><5@0 9>3> 70;V:>2>W :=86:8 (3>@87>=B0;L B01;8FV). 0<V=0 20@V0=B0 :>=B@>;L=>W @>1>B8 <>65 74V9A=N20B8AL 702V4C20G5< :0D54@8 01> 28:;040G5<, O:89 ?5@52V@OT (@5F5=7CT) :>=B@>;L=C @>1>BC. "01;8FO 0@V0=B8 :>=B@>;L=>W @>1>B8 5@H0 ;VB5@0 ?@V728I0AB0==O F8D@0 =><5@0 70;V:>2>W :=86:80123456789, , 11121152551020915, , 21222162661130816, , 31323172771229717, , ,41424182881328618, , 515251929914272119, , ,616262030101526114!, ", #71727211111625213 , $, &81828222121724312', (, %91929233131823411), ., /102030244141922510 2.3. V41V@ ;VB5@0BC@8 4;O 28:>=0==O B5>@5B8G=>3> 70240==O 02G0;L=C V A?5FV0;L=C ;VB5@0BC@C 4;O 28:>=0==O :>=B@>;L=>W @>1>B8 ABC45=B ?V418@0T A0<>ABV9=>, 28:>@8AB>2CNG8 1V1;V>B5G=89 :0B0;>3. A>1;82C C203C 4>FV;L=> ?@84V;8B8 70:>=>402G8< V =>@<0B82=8< 0:B0<, ?5@V>48G=8< 2840==O<. !?8A>: 28:>@8AB0=>W ;VB5@0BC@8 ?>40TBLAO 2 ?>@O4:C 28:>@8AB0==O 2V4?>2V4=8E 465@5; 2 @>1>BV 01> 2 0;D02VB=><C ?>@O4:C. 2.4. D>@<;5==O :>=B@>;L=>W @>1>B8 >1>B0 28:>=CTBLAO 2V4?>2V4=> 4> 7030;L=>?@89=OB8E 2 C=V25@A8B5BV ?>;>65=L, C:@0W=AL:>N <>2>N =0 1V;><C ?0?5@V G>@=8< 01> A8=V< G>@=8;><. >=B@>;L=C @>1>BC <>6=0 28:>=C20B8 2 H:V;L=><C 7>H8BV 2V4 @C:8 01> :><? NB5@=8< =01>@>< =0 AB0=40@B=8E 0@:CH0E D>@<0BC 4 (210E297), H@8DB>< 14, @540:B>@>< Times New Roman, V=B5@20;>< 1,5. >1>B0, 28:>=0=0 2V4 @C:8, ?>28==0 1CB8 =0?8A0=0 GVB:8< ?>G5@:><; =0 AB>@V=:0E 7>H8B0 <0NBL 1CB8 ?>;O 4;O 70C2065=L V ?@8<VB>: 28:;040G0. 0 B8BC;L=><C 0@:CHV =5>1EV4=> 2:070B8 48AF8?;V=C, 7 O:>W @>1>B0 28:>=0=0, ?@V728I5 B0 V=VFV0;8 ABC45=B0, D0:C;LB5B, :C@A, 3@C?C, H8D@ 70;V:>2>W :=86:8. >1>B0 >1>2 O7:>2> <0T <VAB8B8 ?;0= V7 707=0G5==O< ?>G0B:>28E AB>@V=>: @>74V;V2, ?C=:BV2, ?V4?C=:BV2.  :V=FV :>=B@>;L=>W @>1>B8 A;V4 =025AB8 ?5@5;V: 28:>@8AB0=>W ;VB5@0BC@8. > A?8A:C ;VB5@0BC@8 2V4=>AOBL CAV 28:>@8AB0=V ABC45=B>< ?@8 =0?8A0==V @>1>B8 465@5;0: 70:>=>402GV 9 =>@<0B82=V 0:B8, <>=>3@0DVW, :=838, 1@>HC@8, 71V@=8:8, >:@5<V AB0BBV B>I>. VA;O ;VB5@0BC@8 =5>1EV4=> ?>AB028B8 40BC 28:>=0==O :>=B@>;L=>W @>1>B8 9 >A>18AB89 ?V4?8A ABC45=B0. 1AO3 :>=B@>;L=>W @>1>B8, 28:>=0=>W :><? NB5@=8< =01>@><  4> 15 AB>@V=>:. >74V; 3. 5B>48G=V 2:07V2:8 4> 28:>=0==O ?@0:B8G=>W G0AB8=8 :>=B@>;L=>W @>1>B8 3.1. >7@0EC=>: 2;0A=>3> :0?VB0;C :>@?>@0FVW ;0A=89 :0?VB0; 0:FV>=5@=>3> B>20@8AB20 A:;040TBLAO 7: AB0BCB=>3> :0?VB0;C, 4>40B:>2>3> :0?VB0;C, @575@2=>3> :0?VB0;C, =5@>7?>4V;5=>3> ?@81CB:C. !B0BCB=89 :0?VB0;  2V4>1@060T 20@BVABL <0B5@V0;L=8E @5AC@AV2, =5<0B5@V0;L=8E 0:B82V2, DV=0=A>28E 2:;045=L V 3@>H>28E :>HBV2, O:V 70A=>2=8:8 V CG0A=8:8 ?5@540;8 C 2;0A=VABL 01> 2 @>7?>@O465==O ?V4?@8T<AB2C. !B0BCB=89 :0?VB0; 2V4>1@060T 7>1>2 O70==O ?V4?@8T<AB20 ?5@54 70A=>2=8:0<8 V CG0A=8:0<8 (2 0:FV>=5@=><C B>20@8AB2V  ?5@54 0:FV>=5@0<8), =0 >A=>2V O:8E 2>=8 <0NBL 2V4?>2V4=V ?@020. >40B:>289 :0?VB0;  F5 AC<0 ?@8@>ABC <09=0 ?V4?@8T<AB20, O:0 28=8:;0 2 @57C;LB0BV ?5@5>FV=:8 (V=45:A0FVW), 157>?;0B=> >45@60=8E =5>1>@>B=8E 0:B82V2 B0 2V4 5<VAV9=>3> 4>E>4C. >7@V7=ONBL 4>40B:>289 2:;045=89 :0?VB0; (AC<0 5<VAV9=>3> 4>E>4C, >B@8<0=>3> 2 @57C;LB0BV @50;V70FVW " 2;0A=8E :>@?>@0B82=8E ?@02) B0 V=H89 4>40B:>289 :0?VB0; ( V=H89 2:;045=89 70A=>2=8:0<8 :0?VB0;, :@V< 0:FV>=5@=8E B>20@8AB2). 575@2=89 :0?VB0;  F5 :0?VB0;, O:89 D>@<CTBLAO 70 @0EC=>: 2V4@0EC20=L 7 G8AB>3> ?@81CB:C V 2V4>1@065=89 2 10;0=AV 70 AB0BB5N 575@2=89 :0?VB0;. V= D>@<CTBLAO 2 @>7<V@0E, CAB0=>2;5=8E 70A=>2=8FL:8<8 4>:C<5=B0<8 B0 =>@<0B82=8<8 0:B0<8. # H8@>:><C @>7C<V==V 4> @575@2=>3> :0?VB0;C =0;560BL CAV A:;04>2V :0?VB0;C, ?@87=0G5=V 4;O ?>:@8BBO <>6;828E C <091CB=L><C =5?5@5410G5=8E 718B:V2 V 2B@0B. @8 @>73;O4V 2;0A=>3> :0?VB0;C 0:FV>=5@=>3> B>20@8AB20 =5>1EV4=> 725@=CB8 C203C =0 B0:V ?>:07=8:8, O: =5>?;0G5=89 :0?VB0; V 28;CG5=89 :0?VB0;. 5>?;0G5=89 :0?VB0; 2V4>1@060T AC<C 701>@3>20=>ABV CG0A=8:V2 70 2=5A:0<8 4> AB0BCB=>3> :0?VB0;C. 5>?;0G5=89 :0?VB0; ?@8 @>7@0EC=:0E 25;8G8=8 2;0A=>3> :0?VB0;C 0:FV>=5@=>3> B>20@8AB20 ?>28=5= 2@0E>2C20B8AO 7V 7=0:>< <V=CA. > 28;CG5=>3> :0?VB0;C 2V4=>A8BLAO 20@BVABL 0:FV9, 28:C?;5=0 0:FV>=5@=8< B>20@8AB2>< C 0:FV>=5@V2 B0 0=C;L>20=0.  B0:><C @07V 25;8G8=0 AB0BCB=>3> :0?VB0;C 7<5=HCTBLAO =0 AC<C 28;CG5=>3> :0?VB0;C. >7@0EC=>: 2;0A=>3> :0?VB0;C 0:FV>=5@=>3> B>20@8AB20 7 C@0EC20==O< =5>?;0G5=>3> V 28;CG5=>3> :0?VB0;C ?>40<> =0 ?@8:;04V. 5E09 2;0A=89 :0?VB0; :>@?>@0FVW E0@0:B5@87CNBL =0ABC?=V 40=V: AB0BCB=89 :0?VB0;  1500 B8A. 3@=.; 4>40B:>289 :0?VB0;  200 B8A. 3@=.; @575@2=89 :0?VB0;  85 B8A. 3@=.; =5@>7?>4V;5=89 ?@81CB>:  120 B8A. 3@=.; =5>?;0G5=89 :0?VB0;  150 B8A. 3@=.; 28;CG5=89 :0?VB0;  80 B8A. 3@=. ">4V 7030;L=0 AC<0 2;0A=>3> :0?VB0;C " 4>@V2=NT: 1500 + 200 + 85 + 120  150  80 = 1675 B8A. 3@=. >73;O=5<> ?@0:B8G=> @>7@0EC=>: 7<V=8 4>40B:>2>3> :0?VB0;C. @8:;04. V4?@8T<AB2> >B@8<0;> =0 157>?;0B=V9 >A=>2V >1 T:B >A=>2=8E 70A>1V2 70 ?5@2VA=>N 20@BVABN 100 B8A. 3@=., 0 B0:>6 =0?V2D01@8:0B8 ?5@2VA=>N 20@BVABN 15 B8A. 3@=. VG=0 AC<0 0<>@B870FVW 707=0G5=8E >A=>2=8E 70A>1V2 AB0=>28;0 5 B8A. 3@=. 0 O:8<8 ?>78FVO<8 DV=0=A>2>W 72VB=>ABV A;V4 2V4>1@078B8 7<V=8, I> T @57C;LB0B>< F8E >?5@0FV9? >72 O7>:. 0 AC<C @V7=8FV <V6 ?5@2VA=>N 20@BVABN >A=>2=8E 70A>1V2 B0 WE 0<>@B870FVTN 71V;LHCTBLAO V=H89 4>40B:>289 :0?VB0;: V = 100000  5000 = 95000 3@=. 0 AC<C 0<>@B870FVW 157>?;0B=> >B@8<0=8E =5>1>@>B=8E 0:B82V2 B0 =0 2AN AC<C 157>?;0B=> >B@8<0=8E >1>@>B=8E 0:B82V2 7@>AB0NBL V=HV 4>E>48: V = 15000 + 5000 = 20000 3@=. 0 AC<C =0@0E>20=>W 0<>@B870FVW B0:>6 71V;LHCNBLAO 2V4?>2V4=V AB0BBV 70B@0B. 3.2. C@A8 0:FV9 V :>@?>@0B82=V ?@020 3.2.1. 07>2V ?>=OBBO 9 B5@<V=8 ><V=0;L=0 20@BVABL 0:FV9 (G0AB>:)  F5 B0 20@BVABL, O:0 2V4>1@060TBLAO 2 A5@B8DV:0BV 0:FV9 (G8 C A2V4>FB2V CG0A=8:0) B0 2 C<>20E WE 28?CA:C, V 15@5BLAO 4> C2038 ?@8 287=0G5==V :V;L:>ABV 3>;>AV2 =0 71>@0E B0 @50;V70FVW V=H8E ?@02 2;0A=8:V2. !C:C?=0 =><V=0;L=0 20@BVABL :>@?>@0B82=8E ?@02, 28?CI5=8E :>@?>@0FVTN, AB0=>28BL WW =><V=0;L=89 01> AB0BCB=89 :0?VB0;. 8=:>289 :C@A  F5 20@BVABL, 70 O:>N 0:FVW <>6CBL :C?C20B8AO V ?@>4020B8AO =0 1V@60E, ?>701V@6>28E B>@3>25;L=>-V=D>@<0FV9=8E A8AB5<0E B0 ?>701V@6>2><C @8=:C. # :@0W=0E 7 @>728=5=8< D>=4>28< @8=:>< @8=:>28E :C@A 0:FV9 7451V;LH>3> 2AB0=>2;NTBLAO =0 D>=4>2V9 1V@6V. 5E0=V7< 287=0G5==O B0/01> DV:A0FVW @8=:>2>W FV=8 FV==>3> ?0?5@C =07820TBLAO :>B8@C20==O<. >B8@C20;L=0 FV=0  A5@54=L>72065=0 FV=0, O:0 @>7@0E>2CTBLAO ?@>BO3>< 1V@6>2>3> 4=O (B>@3>25;L=>W A5AVW) 4> <><5=BC, 287=0G5=>3> ?@028;0<8 1V@6V. 8=:>289 :C@A 70;568BL 2V4 A?V22V4=>H5==O ?>?8BC V ?@>?>78FVW =0 FV==V ?0?5@8. !;V4 2@0E>2C20B8, I> 0:FVW =5 2AVE 5<VB5=BV2 <>6CBL 1CB8 4>?CI5=V 4> B>@3V2;V =0 >@30=V7>20=><C D>=4>2><C @8=:C. =5A5==O 0:FV9 4> A?8A:C FV==8E ?0?5@V2, O:V :>B8@CNBLAO =0 D>=4>2V9 1V@6V 01> <>6CBL 1CB8 ?@54<5B>< C:;045==O C3>4 C B>@3>25;L=>-V=D>@<0FV9=V9 A8AB5<V, =07820TBLAO ;VAB8=3><. <VAV9=89 4>EV4, 01> 06V> - AC<0 ?5@528I5==O 4>E>4V2, >B@8<0=8E 2V4 5<VAVW 2;0A=8E 0:FV9 B0 V=H8E :>@?>@0B82=8E ?@02 =04 =><V=0;>< B0:8E 0:FV9 (V=H8E :>@?>@0B82=8E ?@02). ">1B>, 5<VAV9=89 4>EV4  F5 @V7=8FO <V6 :C@A>< 5<VAVW V =><V=0;L=8< :C@A>< :>@?>@0B82=8E ?@02. >@?>@0B82=V ?@020  F5 ?@020 2;0A=>ABV =0 G0AB:C (?09) C AB0BCB=><C :0?VB0;V N@848G=>W >A>18, 2:;NG0NG8 ?@020 =0 C?@02;V==O, >B@8<0==O 2V4?>2V4=>W G0AB:8 ?@81CB:C B0:>W N@848G=>W >A>18, 0 B0:>6 G0AB:8 0:B82V2 C @07V WW ;V:2V40FVW. 0;0=A>289 (@>7@0EC=:>289) :C@A :>@?>@0B82=8E ?@02 E0@0:B5@87CT AB@C:BC@C 2;0A=>3> :0?VB0;C :>@?>@0FVW V ?>:07CT 25;8G8=C G8AB8E 0:B82V2, O:V ?@8?040NBL =0 >4=C 0:FVN (G0AB:C, ?09). 3.2.2. A=>2=V @>7@0EC=:>2V D>@<C;8 4;O 287=0G5==O :C@AC V 20@B>ABV :>@?>@0B82=8E ?@02 >:07=8: 10;0=A>2>3> (@>7@0EC=:>2>3>) :C@AC :>@?>@0B82=8E ?@02 4>@V2=NT 28@065=><C C 2V4A>B:0E 2V4=>H5==N <V6 2;0A=8< :0?VB0;>< () V AB0BCB=8< :0?VB0;>< (!).   = %% E 100% ! 54>;V:>< ?>:07=8:0 10;0=A>2>3> :C@AC T B5, I> 2V= E0@0:B5@87CT =5 @50;L=C 20@BVABL :>@?>@0B82=8E ?@02 ?V4?@8T<AB20, 0 1CE30;B5@AL:C. ;O =040==O FL><C ?>:07=8:C 1V;LH>W >1 T:B82=>ABV @>7@0E>2CNBL A:>@83>20=89 10;0=A>289 :C@A, O:89, :@V< V=H>3>, 2@0E>2CT ?@8E>20=V @575@28 (G8 718B:8) ?V4?@8T<AB20. !:>@83>20=89  + ?@8E>20=V @575@28 10;0=A>289 :C@A = %%%%%%%%%%%%%% E 100% ! 0;0=A>289 :C@A T >4=8< 7 G8==8:V2, O:89 287=0G0T V=25AB8FV9=C ?@8201;82VABL :>@?>@0B82=8E ?@02 ?V4?@8T<AB20. V= <>65 AB0B8 2V4?@02=>N B>G:>N 4;O 2AB0=>2;5==O @8=:>2>3> :C@AC B0 <>65 1@0B8AO 70 >A=>2C ?@8 287=0G5==V :C@AC 5<VAVW :>@?>@0B82=8E ?@02. A=>2=8<8 2840<8 :>@?>@0B82=8E ?@02 T 0:FVW, G0AB:8 CG0A=8:V2 C AB0BCB=><C :0?VB0;V " V ?0W. # @07V 74V9A=5==O 4>40B:>2>W 5<VAVW 2;8 \ ^ "   B D F J t  2 4  ɹɭɭɡufufWfGfufuhf)hW5CJaJmH"sH"hf)hWCJ$aJ$mH"sH"hf)hWCJaJmH"sH"hWCJaJmH"sH"h'.hW5CJaJmH"sH"hyh'.5CJaJmH"sH"hWCJ$aJ$mH"sH"hWCJ aJ mH"sH"hU hW5CJ aJ mH"sH"hU hWCJ aJ mH"sH"hp5CJ$aJ$mH"sH"hW5CJ$aJ$mH"sH"hW5CJaJmH"sH"J& ( * , . 0 2 4 6 8 $       $dha$gdW $dh@&a$gdp $@&a$gdW$a$gdW       " $ & ( F H J V X Z \ ^ $^`a$gdW $@&a$gdW$a$gdW $@&a$gdW$a$gdW @ B T V X  68@B(~,V`X$lnp:hɾɲɣɣɣɣɣɣɣɣɉɉɉzɉɉɉhhWCJaJmH"sH"hKIhWCJaJmH"sH"h3)xhWCJaJh3)xhWCJaJmH"sH"hWCJ aJ mH"sH"hf)hWCJaJhWCJaJmH"sH"hU hW5CJaJmH"sH"h'.CJaJmH"sH"hf)hWCJaJmH"sH"0 JLNPR$^`a$gdW$a$gdW(~"n $dh@&a$gdW $dha$gdW dh`gdW$dh`a$gdWdhgdW$`dh^``a$gdW$dh@&`a$gdW$a$gdWnhB"2468:}}}}$a$gdW $dha$gdW$dh`a$gdW$(dh^`(a$gdW dh`gdW$dh`a$gdWdh^`gdW$dh`a$gdW$Ldh^L`a$gdW|&@\  "6JT\BPR******++n+p++,$-//111m"hWmhWm5>*CJaJmH"sH"h +hWCJaJmH"sH"hf)hW5CJaJmH"sH"hf)hWCJ$aJ$mH"sH"hW5CJ$aJ$mH"sH"hf)hWCJaJmH"sH"hW5CJaJmH"sH"h8)[hWCJaJmH"sH"hKIhWCJaJmH"sH"hWCJaJmH"sH"':<>@BNP "%(*,,,$-1112 $^a$gdWm $ & Fa$gdWm $`a$gdW $`a$gdW $h`ha$gdW $7`7a$gdW$a$gdW $@&a$gdW$a$gdW126677$8.80888 9999V:X::: ; ;h;j;|<<<<<<<= =6=F=H=櫟zhXhJh{5CJaJmH"sH""hWmh{5>*CJaJmH"sH"hx 7hW5CJaJhW5CJaJmH"sH"hDCJaJmH"sH"h` CJaJmH"sH"h` 5CJaJmH"sH"hCJaJmH"sH"hWmhWm5CJaJmH"sH""hWmhWm5>*CJaJmH"sH"hWCJaJmH"sH"hWm5CJaJmH"sH""2433,44B55,667$8899L::;h;j;v;;;; $$Ifa$gd` $a$gdWm $`a$gdx 7$a$gdW;;;<><wnbn $$Ifa$gd0Z $Ifgd0Zkd$$IflF\ P%   06    4 la ><@<h<|<<wnbn $$Ifa$gd0Z $Ifgd0Zkd$$IfldF\ P%   06    4 la <<<<<wnbV $$Ifa$gdD $$Ifa$gd0Z $Ifgd0Zkd8$$IflF\ P%   06    4 la <<<6=H==6>>0?wkk_SKKK$a$gdW $`a$gdW $`a$gd{ $`a$gdWkd$$Ifl>F\ P%   06    4 la H=T=X===??:@<@4DxDDDDFFHFNF J JJzJ~JKKKKLLLSS>TUUŵŦňyyiZѵŵhE5hWCJaJmH"sH"hV>hW>*CJaJmH"sH"h8\hWCJaJmH"sH"h(hWCJaJmH"sH"hW56CJaJmH"sH"h@:hWCJaJmH"sH"hWNGhW>*CJaJmH"sH"hWCJaJmH"sH"hW5CJaJmH"sH"hV>hW6CJaJmH"sH""hV>hW56CJaJmH"sH""0???6@@8ABB\C0D2DD.EEFHFF,GG>HI JJ~JJK $h`ha$gdW $`a$gdW$a$gdW$a$gdWKrKKhLLLMMNNOdP QQ>RRSS>TTUxUUU $h`ha$gdW $`a$gd{ $`a$gdW$a$gdW$a$gdWUU,[.[[ ]>]HaJaLaabb2ceeeebf:glggggggJkLkkkkk崧Ø}}}k}Y"h-8uhW56CJaJmH"sH""hWmh{5>*CJaJmH"sH"h9hWCJaJmH"sH"h{CJaJmH"sH"hGLhWCJaJmH"sH"hW5CJaJmH"sH"h|hWCJaJmH"sH"hWNGhW>*CJaJmH"sH""hV>hW56CJaJmH"sH"hWCJaJmH"sH"hAhWCJaJmH"sH"UDVVbWW`XXYZZZ,[.[[\\ ]>]]^^z__^``JaLaa$a$gdW$a$gdW $h`ha$gdWablbbbncc:ddebeeebffg:glggbhhhijjjk $h`ha$gdW$a$gdW$a$gdWkk2llllmm nnnoo@ppqrrxssntptt>utuu0vbv$a$gdW$a$gdW $h`ha$gdW $h`ha$gd{k0l2llmmmntptt0vbvv:yyyy&{({~{|}}N4flDẌΈôӴåӥӥӥÖӖzznahW>*CJaJmH"sH"hWCJaJmH sH hehWCJaJmH"sH"hW5CJaJmH"sH"hPhWCJaJmH"sH"hUhWCJaJmH"sH"hhWCJaJmH"sH"hWNGhW>*CJaJmH"sH"hWCJaJmH"sH""h-8uhW56CJaJmH"sH"hW56CJaJmH"sH"&bvvwBxxx4yy.zz&{({~{{$|l||}P}}$~~,Ҁ$a$gdW$a$gdW $h`ha$gdW $^a$gdWҀ,N‚4f*@xԇ̈Έ~t$a$gdW$a$gdW $h`ha$gdW $^a$gdWDFTlnd T"2ç囌pcVIh 5CJaJmH"sH"hx 75CJaJmH"sH"h-5CJaJmH"sH"h8hWCJaJmH"sH"hW5CJaJmH"sH"h$^hWCJaJmH"sH"hWCJaJmH sH hW>*CJaJmH"sH"hzMhWCJaJmH"sH"hWNGhW>*CJaJmH"sH""h-8uhW56CJaJmH"sH"hWCJaJmH"sH"h7shWCJaJmH"sH"t̊Pҋ0DFԍ$~Tvln&$a$gdW$a$gdW $h`ha$gdW$d֔8fxTnНD $h`ha$gdW $`a$gdW$a$gdW$a$gdWD,fڟ:l~NXLޥ*NP & F hgdx 7 & F hgdx 7 hgdx 7 $`a$gdx 7 $`a$gdW $h`ha$gdW2Bjl~LTXZ\NVZ\^N"&hptvx:÷÷򗷇÷{kk[ht^hx 76CJaJmH"sH"ht^hx 75CJaJmH"sH"hx 7CJaJmH sH hN6hx 76CJaJmH"sH"hN6hx 75CJaJmH"sH"hz,hx 75CJaJmH"sH"hx 7CJaJmH"sH"hz,hx 76CJaJmH"sH""hx 7hx 75>*CJaJmH"sH"h 5CJaJmH"sH"hx 75CJaJmH"sH"#Prƨ">h<"N2 & F, hgdx 7 & F hgdx 7 & F hgdx 7 hgdx 7 & F+ hgdx 7 JRVX~@BJNPƤxiYG"hK_hx 756CJaJmH"sH"hOhx 75CJaJmH"sH"hwhx 7CJaJmH"sH"h~2hx 76CJaJh~2hx 76CJaJmH sH h~2hx 76CJaJmH"sH""h~2hx 756CJaJmH"sH"h~2hx 75CJaJmH"sH"hx 75CJaJmH"sH"hN6hx 76CJaJmH"sH"hx 7CJaJmH"sH"hN6hx 75CJaJmH"sH"ҰJ6tBֳHĵ BX & F hgdx 7 & F) hgdx 7 & F hgdx 7 & F hgdx 7 hgdx 7 & F hgdx 7PHPVXZBJPRTVvxz|$Ʀ㗇ƇwggW㗦Ʀh (hx 76CJaJmH"sH"h (hx 75CJaJmH"sH"hhx 76CJaJmH"sH"hhx 75CJaJmH"sH"hhx 7CJaJmH"sH"hGhx 75CJaJmH"sH"hN6hx 76CJaJmH"sH"hx 75CJaJmH"sH"hN6hx 75CJaJmH"sH"hx 7CJaJmH"sH"hK_hx 76CJaJmH"sH""ʷvrz̺h:|$:X,$ & F ha$gdx 7 $ ha$gdx 7 & F] hgdx 7 & F\ hgdx 7 hgdx 7 & F hgdx 7(~ &(068:JLTZözzj[Khlhx 75CJaJmH"sH"hxhx 7CJaJmH"sH"h5Phx 76CJaJmH"sH"h5Phx 75CJaJmH"sH"hahx 76CJaJmH"sH"h-CJaJmH"sH"hK_hx 76CJaJmH"sH"hx 75CJaJmH"sH"hK_hx 75CJaJmH"sH"h3Ahx 76CJaJmH"sH"hx 7CJaJmH"sH"h3Ahx 75CJaJmH"sH"*BP(L&:x$ & F ha$gdx 7$ & F ha$gdx 7 hgd-$ & F ha$gdx 7 $ ha$gdx 7$ & F ha$gdx 7Z\^"$&Nö㖶vvfVVFhShx 76CJaJmH"sH"hShx 75CJaJmH"sH"hmhx 76CJaJmH"sH"hmhx 75CJaJmH"sH"hhx 76CJaJmH"sH"hKhx 75CJaJmH"sH"h-vhx 76CJaJmH"sH"hx 75CJaJmH"sH"h-vhx 75CJaJmH"sH"hlhx 76CJaJmH"sH"hx 7CJaJmH"sH"hlhx 75CJaJmH"sH"x*bVvNj$ & F* ha$gdx 7$ & F ha$gdx 7$ & F ha$gdx 7 $ ha$gdx 7$ & F ha$gdx 7|$Xbl8\$ & F ha$gdx 7$ & F ha$gdx 7$ & F ha$gdx 7 $ ha$gdx 7$ & F* ha$gdx 76  px~׷חwwgWWh(:hx 75CJaJmH"sH"hGChx 76CJaJmH"sH"hY\hx 75CJaJmH"sH"h'hx 76CJaJmH"sH"h'hx 75CJaJmH"sH"hUhx 76CJaJmH"sH"hUhx 75CJaJmH"sH"hhx 76CJaJmH"sH"hx 75CJaJmH"sH"hhx 75CJaJmH"sH"hx 7CJaJmH"sH"".V&nx n "$ & F" ha$gdx 7$ & F( ha$gdx 7$ & F! ha$gdx 7 $ ha$gdx 7$ & F ha$gdx 7"Nrp6^hVB\$ & F$ ha$gdx 7$ & F# ha$gdx 7 $ ha$gdx 7$ & F" ha$gdx 7 &(*\djln(068:HRVXZzǧLJwLJwggWhDhx 76CJaJmH"sH"h6)hx 75CJaJmH"sH"h5ehx 76CJaJmH"sH"h5ehx 75CJaJmH"sH"hRP1hx 76CJaJmH"sH"hRP1hx 75CJaJmH"sH"hphx 76CJaJmH"sH"hx 75CJaJmH"sH"hphx 75CJaJmH"sH"h(:hx 76CJaJmH"sH"hx 7CJaJmH"sH" F(0v0J^HX & F h`gdx 7$ & F' ha$gdx 7$ & F& ha$gdx 7 $ ha$gdx 7$ & F% ha$gdx 7z 4>BDFn~lrhrvxzַ֚֊~~nn^NNhDhx 75CJaJmH"sH"h$hx 76CJaJmH"sH"h$hx 75CJaJmH"sH"heCJaJmH"sH"h>_vhx 76CJaJmH"sH"h>_vhx 75CJaJmH"sH"hx 75CJaJmH"sH"h6)hx 75CJaJmH"sH"h5jhx 7CJaJmH"sH"hx 7CJaJmH"sH"hDhx 76CJaJmH"sH"hx 76CJaJmH"sH"b4nf~lp & F 8h^gdx 7 hh^hgdx 7 & F hh^h`gdx 7 hgdx 7 & F h`gdx 7 & F`gdx 7ph<vxV@J$z( & F hh^h`gdx 7 & F hh^h`gdx 7 & F hh^h`gdx 7 hgdx 7 & F 8h^gdx 7z Jƶƶ㧘ucQ"hhx 75>*CJaJmH"sH""hh5>*CJaJmH"sH"h8uCJaJmH"sH"h8uCJaJh8uh8uCJaJmH sH h8uh8uCJaJmH"sH"h8uhx 7CJaJmH"sH"hkhx 75CJaJmH"sH"hx 75CJaJmH"sH"h6)hx 75CJaJmH"sH"hx 7CJaJmH"sH"hDhx 76CJaJmH"sH"(Dr$tXh`hgd8ugd8u & F hh^h`gdx 7 hgdx 7 & F hh^h`gdx 7d6  N n      Rgd8u gd8uh^hgd8u $h^ha$gd8u $ & F^a$gd8u$a$gd8u $h`ha$gd8u,HdBR & F- hgd hgd $`a$gdW $`a$gd hh^hgd8u$a$gd8uh^hgd8uB\dfhjl<DFLNɹɩɌ||l]NhT hCJaJmH"sH"hKibhCJaJmH"sH"hKibh6CJaJmH"sH"hKibh5CJaJmH"sH"hRh6CJaJmH"sH"hJD5CJaJmH"sH"hRh5CJaJmH"sH"h`Gh6CJaJmH"sH"hCJaJmH"sH"he5CJaJmH"sH"h`Gh5CJaJmH"sH"h5CJaJmH"sH"\2"Z<^P<|: & F hh^h`gd & F/ hgd & F. hgd hgd & F- hgd< *,0RT`bjnpr!!!!!l"$֪||l\O\hAQT5CJaJmH"sH"h h5CJaJmH"sH"hT h6CJaJmH"sH"hT h5CJaJmH"sH"h hCJaJmH"sH"hJDhCJaJmH"sH"hkhCJaJmH"sH"hJD5CJaJmH"sH"hDh6CJaJmH"sH"hCJaJmH"sH"h5CJaJmH"sH"hkh5CJaJmH"sH" Tb  V!!l"",#l##$:% & F hh^h`gd & F0 hgd & F hh^h`gd hgd & F hh^h`gd$$$$$:%b'l'n'p'r')))***b+B,L,P,T,,,,---- --- -$-&-(--00000P122ƹ֭֭֭֝❀phNh5CJaJmH"sH"hf\Gh6CJaJmH"sH"h5CJaJmH"sH"hf\Gh5CJaJmH"sH"hAQTCJaJmH"sH"h6CJaJmH"sH"hDh6CJaJmH"sH"hCJaJmH"sH"hAQT5CJaJmH"sH"hDh5CJaJmH"sH",:%% &l&'b'))))))+,,",2,B,,-- & F hh^h`gd $ ha$gd & F hh^h`gd hgd & F hh^h`gd-F../000P1^11111222,3D3P3x3344,4 & F3 hgd & F2 hgd & F1 hgd hgd & F hh^h`gd2222223333334v4~444444,54565:5<5>55666666.77ɹɩəɩəɉyiiYhf h6CJaJmH"sH"hf h5CJaJmH"sH"h_Eh6CJaJmH"sH"h_Eh5CJaJmH"sH"hh6CJaJmH"sH"hh5CJaJmH"sH"hNh6CJaJmH"sH"hCJaJmH"sH"hNh5CJaJmH"sH"hAQT5CJaJmH"sH"h5CJaJmH"sH"",4<4L4d4v44455,55556,6D6\6x66.7`777&8 & F; hgd & F5 hgd & F4 hgd hgd & F3 hgd777777&888888899V9h9999999.:;;;;;ɹɩթəɍ}}m]P]h#5CJaJmH"sH"h~Ph5CJaJmH"sH"h<={h6CJaJmH"sH"h<={h5CJaJmH"sH"hCJaJmH sH h_Dh6CJaJmH"sH"h_Dh5CJaJmH"sH"h`h6CJaJmH"sH"hCJaJmH"sH"hAQT5CJaJmH"sH"h5CJaJmH"sH"h`h5CJaJmH"sH"&8@8t889.9l99.::;<,<<==:>>>f??? & F@ hgd & F? hgd & F> hgd & F< hgd hgd & F= hgd;<<< <$<,<6<:<<<><<<<<<======>>>>>>f?(@0@2@Ǻ㎺~nanQnahc h6CJaJmH"sH"h5CJaJmH"sH"hc h5CJaJmH"sH"hdh6CJaJmH"sH"hdh5CJaJmH"sH"h#CJaJmH"sH"hh6CJaJmH"sH"h#5CJaJmH"sH"hh5CJaJmH"sH"hAQTCJaJmH"sH"hCJaJmH"sH"h~Ph6CJaJmH"sH"?(@@2AA^BFCC2DDRErEEEFFFFhG & FD hgd & FC hgd & FB hgd hgd & FA hgd h]gd & F@ hgd2@6@8@:@@^BhBlBnBpBFCDDDDDREEEEEFFFFFFhGGGGGGGHHHHHIKֶֶ֦֦֖ֆ֖ֆ֖ֆvvfhWPh6CJaJmH"sH"hWPh5CJaJmH"sH"h-Fh6CJaJmH"sH"h-Fh5CJaJmH"sH"hZR_h6CJaJmH"sH"hZR_h5CJaJmH"sH"hc h6CJaJmH"sH"hCJaJmH"sH"hc h5CJaJmH"sH"h#5CJaJmH"sH"(hGGGGGbHHHIJJK&LhLLLL(MMbNNfO & F7 hgd & F6 hgd & FG hgd & FF hgd hgd & FE hgdKKKKKKK&L(M0M2M6M8M:MMQQQ Q"Q$QQrSzS|SSSSSBTừǛ{{k[[Kh h6CJaJmH"sH"h h5CJaJmH"sH"hJ,h6CJaJmH"sH"hJ,h5CJaJmH"sH"h R'h6CJaJmH"sH"h R'h5CJaJmH"sH"h_Eh6CJaJmH"sH"hCJaJmH"sH"h#5CJaJmH"sH"h5CJaJmH"sH"h_Eh5CJaJmH"sH"hf hCJaJmH"sH"fOOpPPQQQRrSSBT U.VZWXXX"YYYYZ & FU hgd & FT hgd hh^hgd & F8 hgd hgd & F7 hgdBTHTZWbWdWhWjWlWX"Y*Y,Y0Y2Y4YY8Z@ZBZFZHZJZZ[[[[[[\z]]]]]]]]L^˾˾˾~˾~nb~˾nhCJaJmH sH hp)h6CJaJmH"sH"hp)h5CJaJmH"sH"hqh6CJaJmH"sH"hqh5CJaJmH"sH"hdh6CJaJmH"sH"h#5CJaJmH"sH"h5CJaJmH"sH"hdh5CJaJmH"sH"hCJaJmH"sH"h#CJaJmH"sH"&Z8ZZ&[j[[\]X]]L^^^ _8`````:aaa & FZ hgd & FY hgd & FX hgd & FW hgd & FV hgd hgd & FU hgdL^ ______8```````:aXb`bbbfbjbcccccccLdf fffffffʪʪʊzjjZhCh6CJaJmH"sH"hCh5CJaJmH"sH"hWPh6CJaJmH"sH"hWPh5CJaJmH"sH"h-Kh6CJaJmH"sH"h-Kh5CJaJmH"sH"hp)h6CJaJmH"sH"h#5CJaJmH"sH"h5CJaJmH"sH"hp)h5CJaJmH"sH"hCJaJmH"sH"#aXbccdccccNddeeeffftgg&hNh"ii & FIgd & FHgd`gdgd & F9gd & F[ hgd hgd & FZ hgdfffffffffftgNhVhXh\h^h`h"ijjjjj@k0n8n:n>n@nBnn˾˾˾|l_lOh4h6CJaJmH"sH"h h5CJaJmH"sH"h].@h5CJaJmH"sH"hh6CJaJmH"sH""hh56CJaJmH"sH"hh5CJaJmH"sH"h1Bh6CJaJmH"sH"h#5CJaJmH"sH"h5CJaJmH"sH"h1Bh5CJaJmH"sH"hCJaJmH"sH"h#CJaJmH"sH"ii`jj@kl&m0nn ooo&pp.rrrvttduuF\ P%   06    4 la (@Np~ĐƐƑp̜ȠƶƶƩscscsSsCsCh XhW5CJaJmH"sH"h XhW6CJaJmH"sH"h5hW5CJaJmH"sH"hWCJaJmH"sH"h5thW5CJaJmH"sH"hW5CJaJmH"sH"hx 75CJaJmH"sH"hx5CJaJmH"sH"h3%h-6CJaJmH"sH"h-CJaJmH"sH"hfh-6CJaJmH"sH"h-6CJaJmH"sH"hh-6CJaJmH"sH"̌ތss $$Ifa$gd0Z $Ifgd0Zvkd$$Ifl404D%`4064 lalތ ui $$Ifa$gd0Zkdv$$Ifl4YF4<D% 406    4 lal  ƍʍ΍ҍ֍؍ڍ܍ $$Ifa$gd0Z $Ifgd0Zbkd $$IflUD%D%064 lalkb $Ifgd0Zkd$$IfluF4<D%406    4 lal $$Ifa$gd0Z   &,2 $$Ifa$gd0Z24pv|wnbb $$Ifa$gd0Z $Ifgd0Zkd$$IflYF4<D%406    4 lal|~wk $$Ifa$gd0Zkd$$IflhF4<D%406    4 lalL\^jnz| $$Ifa$gd0Z $Ifgd0Zbkd6$$IflyD%D%064 lal |~Ɛ 8HJLXwnnbbbnbbbb $$Ifa$gd0Z $Ifgd0Zkd$$Ifl+F4<D%406    4 lal Xdp|kkdD $$Ifl F4<D%406    4 lal $$Ifa$gd0Z ‘đƑpwkkkk_kkkk $`a$gdx $`a$gdWkd $$IflF4<D%406    4 lal p~ܖx6Ę~̜ڟ> $$Ifa$gdW $h`ha$gdW $h`ha$gdW$ hh`ha$gdW$ h^`a$gdW $ ha$gdW $`a$gdW>xh\\\\\\\ $$Ifa$gdW$h$If`ha$gdWvkd` $$Ifl40h &`$ 064 la$h$If`ha$gdW Ƞ̠Ҡؠޠ &,06<Ffx$H$If`Ha$gdWFf $$Ifa$gdWȠHXڡ$6pȢHJLX JTV\^hwghChW5CJaJmH"sH"hx 7hW5CJaJhhWCJaJmH"sH"hs*phWCJaJhWCJaJmH sH hW56CJaJmH"sH"hpBhWCJaJmH"sH"h5hW5CJaJmH"sH"hW5CJaJmH"sH"h XhW5CJaJmH"sH"hWCJaJmH"sH"(<@FHX\bhntx~¡ȡΡҡءFf.FfS$H$If`Ha$gdWءڡ "$6:@FLRX^dhnpFfFf$H$If`Ha$gdWFf Ȣ̢ҢآޢFfu"Ff$H$If`Ha$gdW &*06<@FHX^djptz  $h`ha$gdWFf+(FfP%$H$If`Ha$gdWԫZ\ޱzDX $`a$gdW$ wwd^w`a$gdW$d`a$gdW$Lh^L`ha$gdW $h`ha$gdW $h@&`ha$gdW8<>@DfXv:`,:@÷÷vfZKh{mhWCJaJmH"sH"h$QCJaJmH"sH"h{mhW>*CJaJmH"sH"hbmhW>*CJaJmH"sH"hW>*CJaJmH"sH"h#hWCJaJmH"sH"hQhW5>*CJhW5>*CJhWCJaJmH"sH"hQhW>*CJaJmH"sH"hWCJmH"sH"hChWCJmH"sH"hChW>*CJmH"sH" hW5CJX2z\P,@ &dL\F`gdW $`a$gdW $h`ha$gdW$d`a$gdW " \vhj $&X:^ ɹ}n^nQAh],xhW>*CJaJmH"sH"hW6CJaJmH"sH"h}UhW6CJaJmH"sH"h}UhWCJaJmH"sH"h?\hWCJaJmH"sH"hhW>*CJaJmH"sH"hDZahW>*CJaJmH"sH"hW5CJaJmH"sH"h5hW5CJaJmH"sH"hChW>*CJaJmH"sH"h$QCJaJmH"sH"hWCJaJmH"sH"h{mhWCJaJmH"sH"F&: v$f,88$ed^`ea$gdW $e`ea$gdW$ed^`ea$gdW $`a$gdW $h`ha$gdW  8<nv$8~BFNP\^fh :ִֶֶ֤֙֙֙֙֊֊֊֊֊zhhW>*CJaJmH"sH"h?:hWCJaJmH"sH"h?:hWmH"sH"hhW>*CJaJmH"sH"UhUhW6CJaJmH"sH"hhW5CJaJmH"sH"hWCJaJmH"sH"hhW>*CJaJmH"sH"hW>*CJaJmH"sH"*0A=8:8 :>@?>@0B82=8E ?@02 <>6CBL 707=0B8 ?52=8E 2B@0B. &V 2B@0B8 28@060NBLAO C 7<5=H5==V @8=:>2>3> :C@AC 0:FV9 (G0AB>:), O:5 <>65 A?>AB5@V30B8AO ?@8 71V;LH5==V =><V=0;L=>3> :0?VB0;C B0 7<5=H5==V @V2=O :>=B@>;N =04 ?V4?@8T<AB2><. 0:>=>402AB2>< ?5@5410G5=>, I> C @07V 71V;LH5==O ! 0:FV>=5@8 9 CG0A=8:8 :>@8ABCNBLAO ?5@5206=8< ?@02>< =0 :C?V2;N 4>40B:>2> 28?CI5=8E 0:FV9 (G0AB>:). V;L:VABL ?5@5206=8E ?@02 =0 ?@8410==O 0:FV9 =>2>W 5<VAVW T ?@>?>@FV9=>N G0ABFV >:@5<8E 0:FV>=5@V2 C AB0BCB=><C :0?VB0;V =0 40BC ?@89=OBBO @VH5==O ?@> 5<VAVN 0:FV9, B>1B> 70;568BL 2V4 :V;L:>ABV =0O2=8E AB0@8E 0:FV9, O:V =0;560BL 0:FV>=5@0<. @>H>20 >FV=:0 ?5@5206=>3> ?@020 =0 :C?V2;N =>28E 0:FV9 2V4?>2V40T @V7=8FV <V6 @8=:>28< :C@A>< 0:FV9 4> 5<VAVW V A5@54=V< :C@A><, O:89 AD>@<C202AO ?VA;O 7@>AB0==O :0?VB0;C. >7@0EC=:>20 FV=0 ?5@5206=>3> ?@020 287=0G0TBLAO 70 B0:>N D>@<C;>N: 1 - 5  = %%%%% C @07V 71V;LH5==O AB0BCB=>3> :0?VB0;C, 01> ! + 1 1 - 5  = %%%%% C @07V 7<5=H5==O AB0BCB=>3> :0?VB0;C, ! - 1 45   3@>H>20 >FV=:0 ?5@5206=>3> ?@020 =0 :C?V2;N =>28E 0:FV9; 1  @8=:>289 (1V@6>289) :C@A 0:FV9; 5  :C@A 5<VAV9 =>28E 0:FV9; !  A?V22V4=>H5==O, 7 O:8< @>18BLAO 5<VAVO. !1 ! = %%%%% , !2  !1 45 !1, !2  2V4?>2V4=>, @>7<V@ ! :>@?>@0FVW 4> V ?VA;O 9>3> 71V;LH5==O (7<5=H5==O). $0:B8G=0 @8=:>20 FV=0 ?5@5206=8E ?@02 287=0G0TBLAO ?>?8B>< V ?@>?>78FVTN =0 =8E, B><C <>65 2V4@V7=OB8AO 2V4 @>7@0EC=:>2>W. @8:;04 1. >7@0EC20B8 10;0=A>289 :C@A 0:FV9 :>@?>@0FVW, O:I> 2;0A=89 :0?VB0; ?V4?@8T<AB20 E0@0:B5@87CNBL B0:V =02545=V 2 10;0=AV 40=V, B8A. 3@=.: :B820A821. 5>1>@>B=V 0:B828 600 2. 1>@>B=V 0:B828 3001. !B0BCB=89 :0?VB0; 550 2. >40B:>2> 2:;045=89 :0?VB0; 30 3. =H89 4>40B:>289 :0?VB0; 50 4. 5@>7?>4V;5=89 ?@81CB>: 10 5. 8;CG5=89 :0?VB0; (40) 6. >1>2 O70==O 3000;0=A 9000;0=A 900 >72 O7>:. ;0A=89 :0?VB0; ?V4?@8T<AB20 AB0=>28BL 550 + 30 + 50 + 10  40 = 600 B8A. 3@=. 0;0=A>289 :C@A 0:FVW 4>@V2=NT  600  = %% E 100% = %% E 100% = 109 %. ! 550 @8:;04 2. !B01V;L=89 A5@54=L>@VG=89 G8AB89 ?@81CB>: ?V4?@8T<AB20 AB0=>28BL 100 B8A. 3@=., AB02:0 :0?VB0;V70FVW  12%, AB0BCB=89 :0?VB0;  550 B8A. 3@=. 87=0G8B8 :C@A 0:FV9 70 :0?VB0;V7>20=>N 20@BVABN. >72 O7>:. V4EV4 4> >FV=:8 :C@AC 0:FV9 70 :0?VB0;V7>20=>N 20@BVABN ?>1C4>20=89 =0 :>=F5?FVW B5?5@VH=L>W 20@B>ABV >GV:C20=8E <091CB=VE 4>E>4V2 2V4 2>;>4V==O :>@?>@0B82=8<8 ?@020<8. 0?VB0;V7>20=0 20@BVABL :>@?>@0FVW  F5 ?@82545=0 4> B5?5@VH=L>W 20@B>ABV 25;8G8=0 <091CB=VE 4>E>4V2 =0 >A=>2V WE 48A:>=BC20==O. 87=0G8<> :0?VB0;V7>20=C 20@BVABL 70 D>@<C;>N: ' 100 000  = %% = %%%% = 833 333,3 3@=., 45 r 0,12 r - AB02:0 :0?VB0;V70FVW, '  G8AB89 ?@81CB>:. C@A 0:FV9 70 :0?VB0;V7>20=>N 20@BVABN 4>@V2=NT:  833333,3  = %% E 100% = %%%%% = 151,5%. ! 550000 3.3. FV=N20==O DV=0=A>28E V=AB@C<5=BV2 V=25ABC20==O V4><V 420 ?@8=F8?>2> @V7=8E ?V4E>48 4> >FV=N20==O FV==8E ?0?5@V2 2 70;56=>ABV 2V4 WE 284V2. 5@H89 ?V4EV4 ?@87=0G5=89 4;O >FV=:8 ?5@28==8E FV==8E ?0?5@V2  0:FV9 B0 >1;V30FV9, O:V <0NBL ?@O<89 72 O7>: 7 3@>H>28<8 ?>B>:0<8 :>@?>@0FVW, B><C :;NG>28< 5;5<5=B>< <5B>48:8 >FV=:8 T <>45;L 48A:>=BC20==O 3@>H>2>3> ?>B>:C (DCF-<>45;L). @C389 <5B>4 28:>@8AB>2CTBLAO 4;O >FV=:8 ?>EV4=8E FV==8E ?0?5@V2, B0:8E O: >?FV>=8, O:V <0NBL =5?@O<89 72 O7>: 7 3@>H>28<8 ?>B>:0<8 :>@?>@0FVW. !2>N =072C ?>EV4=V FV==V ?0?5@8, 01> 45@820B828, 4VAB0;8 70 BVTW >1AB028=8, I> FV ?0?5@8 FV==V =5 A0<V ?> A>1V, 0 ;8H5 7024O:8 ?5@28==8< DV=0=A>28< 0:B820<. FV=N20==O 45@820B82V2 74V9A=NTBLAO 70 4>?><>3>N <>45;59 FV=>CB2>@5==O >?FV>=V2. FV=N20==O ?5@28==8E FV==8E ?0?5@V2, O:5 @C=BCTBLAO =0 ?@>3=>7C20==V 3@>H>2>3> ?>B>:C, 28:>=CTBLAO 70 =0ABC?=>N AE5<>N. 1) FV=NTBLAO 3@>H>289 ?>BV:, I> ?5@5410G0T >FV=:C 25;8G8=8 3@>H>28E =04E>465=L V 2V4?>2V4=>3> @878:C 2 @>7@V7V ?5@V>4V2. 2) 5>1EV4=0 ?@81CB:>2VABL 3@>H>2>3> ?>B>:C 2AB0=>2;NTBLAO 7 @>7@0EC=:C @878:C, ?>2 O70=>3> 7 =8<, B0 ?@81CB:>2>ABV, O:C <>6=0 4>AO3B8 ?@8 V=H8E 0;LB5@=0B82=8E 2:;045==OE. 3) @>H>289 ?>BV: 48A:>=BCTBLAO ?> >GV:C20=V9 ?@81CB:>2>ABV. 4) 8A:>=B>20=V 25;8G8=8 A:;040NBLAO 4;O 287=0G5==O 20@B>ABV 0:B82C. 06;828<8 D0:B>@0<8, O:V 2?;820NBL =0 ?>B>G=C 20@BVABL FV==>3> ?0?5@C, T @8=:>20 2V4A>B:>20 AB02:0 V ABC?V=L @878:C. 8=:>20 2V4A>B:>20 AB02:0  F5 AB02:0, 70A=>20=0 =0 AC<0E, I> 28?;0GCNBLAO =0 V=25AB8FV9=><C @8=:C FV==8<8 ?0?5@0<8 (>1;V30FVO<8, 0:FVO<8, 25:A5;O<8, >I04=8<8 A5@B8DV:0B0<8) 7V AE>68<8 ?0@0<5B@0<8 70?>78G5==O V @878:C. =865==O 20@B>ABV >FV=N20=8E =0<8 FV==8E ?0?5@V2 ?@8 ?V428I5==V @8=:>2>W 2V4A>B:>2>W AB02:8 <0T =0ABC?=5 ;>3VG=5 ?>OA=5==O. "0: O: ?> 0=0;>3VG=8E DV=0=A>28E V=AB@C<5=B0E V=25AB>@8 >B@8<CNBL 1V;LH5 2V4A>B:>28E 28=03>@>4, =V6 ?> 40=8E FV==8E ?0?5@0E, WE 2;0A=8:8 =0<030B8<CBLAO ?>71028B8AO F8E FV==8E ?0?5@V2. &5 AB2>@8BL =0 @8=:C ?V428I5=C ?@>?>78FVN, 2=0A;V4>: G>3> FV=0 C3>4 1C45 7=86C20B8AL, 4>AO3=C2 @V2=>2038 2 B>GFV >B@8<0=>W =0<8 FV=8. 3.3.1. 0B5<0B8G=89 V=AB@C<5=B0@V9 >FV=N20==O >1;V30FV9 V4?>2V4=> 4> C<>2 28?CA:C >1;V30FVW 1C20NBL :C?>==V V 157:C?>==V (48A:>=B=V). >73;O=5<> 2 :;0A8G=><C 20@V0=BV 7040GC >FV=:8 :C?>==8E >1;V30FV9. 3V4=> 7 C<>20<8 V=25ABC20==O 2 FV 1>@3>2V DV=0=A>2V V=AB@C<5=B8 :>@?>@0FVO-5<VB5=B >1;V30FV9 7>1>2 O7CTBLAO 74V9A=N20B8 ?5@V>48G=89 2V4A>B:>289 ?;0BV6 =0 @VG=V9 01> ?V2@VG=V9 >A=>2V B0 ?>30A8B8 =><V=0;L=C 20@BVABL >1;V30FVW 4> 287=0G5=>3> B5@<V=C 70:V=G5==O WE 4VW. C?>==0 >1;V30FVO <0T =0ABC?=V E0@0:B5@8AB8:8: =><V=0;L=C 20@BVABL M, B5@<V= 4> ?>30H5==O N, 2V4A>B:>2C AB02:C in, C<>28 28?;0B8 2V4A>B:V2 (?5@V>48G=VABL 28?;0B) m. 0B5<0B8G=0 <>45;L >FV=N20==O 3@>H>2>W 20@B>ABV >1;V30FVW @C=BCTBLAO =0 48A:>=BC20==V 3@>H>28E ?>B>:V2, O:V 28?;0GCNBLAO ?@>BO3>< 2AL>3> B5@<V=C 4> ?>30H5==O. 0@BVABL >1;V30FVW 2 B5?5@VH=V9 <><5=B G0AC 4>@V2=NT 48A:>=B>20=V9 AC<V 2AVE 7 =5N ?>2 O70=8E 3@>H>28E ?>B>:V2: N INT M V2 = " %%%% + %%%% k=1 (1 + i2)k (1 + i2) N /:I> :C?>= 28?;0GCTBLAO 45:V;L:0 @07V2 =0 @V: (m), B> D>@<C;0 4;O @>7@0EC=:C 20@B>ABV >1;V30FVW 7<V=8BLAO: mEN INT/m M V2 = " %%%%%% + %%%%%%% . k=1 (1 + i2/m)k (1 + i2/m) mE N @8:;04. 8?CI5=0 :C?>==0 >1;V30FVO 7 DV:A>20=>N 2V4A>B:>2>N AB02:>N B5@<V=>< =0 5 @>:V2 B0 =><V=0;>< $ 1000. V4A>B:>2V 28?;0B8 74V9A=NNBLAO 2 @078 =0 @V: 2 @>7<V@V $ 120. 8=:>20 2V4A>B:>20 AB02:0 ?> 0=0;>3VG=8E DV=0=A>28E ?>78:0E A:;040T 16%. 5>1EV4=> 287=0G8B8 ?>B>G=C 20@BVABL >1;V30FVW. /: 7<V=8BLAO FV=0 >1;V30FVW G5@57 2 @>:8, O:I> 2V4A>B:>20 AB02:0 71V;LH8BLAO 4> 20%? >72 O7>:. 8:>@8AB>2CT<> D>@<C;C: mEN INT/m M 5E2 120 : 2 1000 V2 = " %%%%%% + %%%%% = " %%%%%%% + %%%%%%% = k=1 (1 + i2/m)k (1 + i2/m) mE N k=1 (1 + 0,16/2)k (1 + 0,16/2)10 = 60E6,7101+1000E0,4632 = $ 865,81. '5@57 2 @>:8 ?@8 BV9 A0<V9 2V4A>B:>2V9 AB02FV FV=0 >1;V30FVW AB0=>28B8<5: 3E2 60 1000 V2 = " %%%%%% + %%%%% = 60E4,6229+1000E0,6302 = $ 907,54. k=1 (1 + 0,08)k (1 + 0,08) 6 '5@57 2 @>:8 ?@8 2V4A>B:>2V9 AB02FV 20% 20@BVABL >1;V30FVW 4>@V2=N20B8<5: 3E2 60 1000 V2 = " %%%%%% + %%%%% = 60E4,3553+1000E0,5645 = $ 825,82. k=1 (1 + 0,10)k (1 + 0,10) 6 0B5<0B8G=0 <>45;L >FV=N20==O >1;V30FVW 7 =C;L>28< :C?>=>< <0T =0ABC?=89 283;O4: M V2 = %%%% . (1 + i2) N >73;O=5<> ?@0:B8G=5 70AB>AC20==O 40=>W <>45;V. @8:;04. 1G8A;8B8 ?>B>G=C 20@BVABL >1;V30FVW 7 =C;L>28< :C?>=><, 20@BVABN $ 500 V B5@<V=>< ?>30H5==O 20 @>:V2, O:I> ?@89=OB0 =>@<0 ?@81CB:C AB0=>28BL 6,5%. >72 O7>:. M 500 V2 = %%%% = %%%%% = $ 440,83. (1 + i2) N (1+0,065) 2 @>9H;> ?V2@>:C, 2V4A>B:>20 AB02:0 =5 7<V=8;0AL. 87=0G8B8 V2. 500 V2 = %%%%%% = $ 454,9. (1 + 0,065) 3:2 @>9H;> I5 75 4=V2 V 2V4A>B:>20 AB02:0 71V;LH8;0AL 4> 7%.  FL><C 28?04:C 20@BVABL >1;V30FVW AB0=>28B8<5: 500 500 V2 = %%%%%%%%% = %%%% = $ 458,77. (1 + 0,07) 1 + (107:365) 1,07 1,29 # 72 O7:C 7 :C?>==>N >1;V30FVTN G0AB> 28:>@8AB>2CTBLAO ?>=OBBO DV=0=A>2>3> ?>:07=8:0  4N@0FVO  A5@54=L>72065=>W 7@V;>ABV ?>B>:C ?;0B56V2, ?>2 O70=8E 7 FVTN >1;V30FVTN. >7@0EC=:>20 D>@<C;0 4;O 4N@0FVW <0T =0ABC?=89 283;O4: INT INT INT INT +  [ %%%%% E t1 + %%%%% E t2 + & + %%%%% E tN-1 + %%%%% E tN ] (1 + i2) 1 (1 + i2) 2 (1 + i2) N-1 (1 + i2) N D = %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% , Po 45 tk - <><5=B G0AC, 2 O:><C 74V9A=NTBLAO k-B0 :C?>==0 28?;0B0, Po  @8=:>20 20@BVABL >1;V30FVW =0 B5?5@VH=V9 <><5=B G0AC. <VAB 4N@0FVW ?>;O30T 2 B><C, I> V=25AB>@ 7 WW 4>?><>3>N =0<030TBLAO 28<V@OB8 @878: A2>WE 2:;045=L 2 >1;V30FVW. > 287=0G5==N 4N@0FVO >7=0G0T B8<G0A>25 >GV:C20==O 45O:>3> 03@53>20=>3> 3@>H>2>3> ?>B>:C, O:89 70 DV=0=A>2>N 7=0G8<VABN 5:2V20;5=B=89 2AV9 AC:C?=>ABV 3@>H>28E 28?;0B, ?>2 O70=8E 7 >1;V30FVTN. N@0FVO  <><5=B G0AC, :>;8 28=8:0T F59 03@53>20=89 ?;0BV6. '8< 1V;LH0 25;8G8=0 4N@0FVW, B8< 1V;LH @878:>20=5 2:;045==O 3@>H59 2 40=C >1;V30FVN. 091V;LHC 206;82VABL 28:>@8AB0==O ?>=OBBO 4N@0FVW <0T, :>;8 >FV=NTBLAO ?>@BD5;L >1;V30FV9 V=25AB>@0. @8:;04. >7@0EC20B8 25;8G8=C 4N@0FVW, O:I> >1;V30FVO <0T =0ABC?=V ?>:07=8:8: !C<0 4> ?>30H5==O  1000, V4A>B:>20 AB02:0 >1;V30FVW  12,8% V;L:VABL ?5@V>48G=8E 28?;0B =0 @V:  2, >B>G=0 2V4A>B:>20 AB02:0  14,0% V;L:VABL @>:V2 4> ?>30H5==O  6. 8:>=0T<> 5;5<5=B0@=V @>7@0EC=:8, 2 B><C G8A;V 28:>@8AB>2CNG8 D>@<C;C: N INT M V2 = " %%%%% + %%%%% k=1 (1 + i2) k (1 + i2) N 5;8G8=0 2V4A>B:>2>W 28?;0B8  1000 E (0,128 : 2) = 64,0. V;L:VABL ?5@V>4V2  6 E 2 =12. 5@V>48G=0 2V4A>B:>20 AB02:0  14 : 2 = 7,0%. FV=:0 >1;V30FVW  952,34. 12 64 1000 V2 = " %%%%% + %%%%%%% = 952,34. k=1 (1 + 0,14) k (1 + 0,14) 12 >7@0E>2CT<> 4N@0FVN, 28:>@8AB>2CNG8 B01;8FN. "01;8FO ><5@ ?5@V>4C5;8G8=0 28?;0B88A:>=B>20=0 25;8G8=0 28?;0B8(1) E (3)1234164,059,8159,81264,055,90111,80364,052,24156,73464,048,83195,30564,045,63228,16664,042,65255,88764,039,86278,99864,037,25297,99964,034,81313,311064,032,53325,341164,030,41334,47121064,0472,435669,14!,8226,91 (64 : (1+0,14 : 2) 1 = 59,81 V B. 4. B@8<0T<> 25;8G8=C 4N@0FVW: 8266,91 D = %%%%%% = 8,64 ?5@V>48 = 4,32 @>:8. 952,34 57:C?>==0 (48A:>=B=0) >1;V30FVO.  ?@>F5AV 5<VAVW B0:V >1;V30FVW ?@>40NBLAO 7V 7=86:>N (48A:>=B><). 5;8G8=0 7=86:8 287=0G0TBLAO 2V4A>B:>2>N AB02:>N ?> 40=V9 >1;V30FVW. 0728G09 48A:>=B=V >1;V30FVW <0NBL B5@<V= ?>30H5==O 2V4 1 4> 3 @>:V2, 2>=8 >FV=NNBLAO 70 D>@<C;>N: M 1000 P2 = %%%%%%%% 01> %%%%%%%%% , (1 + i2 E n ) t (1 + i2 E %%) T 45 t  :V;L:VABL 4=V2 4> ?>30H5==O >1;V30FVW; T  :V;L:VABL 4=V2 2 @>FV. 82G8<> >FV=N20==O 20@B>ABV B0:>W >1;V30FVW 70 4>?><>3>N ?@8:;04C. @8:;04. 1;V30FVO 7 B5@<V=>< ?>30H5==O 1 @V: B0 AC<>N 4> ?>30H5==O $1000 1C;0 ?>2=VABN @50;V7>20=0 DV=0=A>28< V=AB8BCB>< 70 FV=>N $782 70 HBC:C. V4?@8T<AB2>  :C?8;> 10000 F8E >1;V30FV9. @>9H;> 120 4=V2 B0 ?V4?@8T<AB2> 28@VH8;> ?@>40B8 >1;V30FVW =0 2B>@8==><C @8=:C. >B>G=0 2V4A>B:>20 AB02:0 ?> 1>@3>28E V=AB@C<5=B0E B@820;VABN 1 @V: =0 <><5=B ?@>406C AB0=>28;0 36%. > O:V9 FV=V ?V4?@8T<AB2> <>65 ?@>40B8 FV >1;V30FVW, V O:89 4>EV4 2>=> <>65 >B@8<0B8? >72 O7>:. 8:>@8AB>2CT<> D>@<C;C 4;O 157:C?>==8E >1;V30FV9: M 1000 P2 = %%%%%%%% = %%%%%%%%%%%% = $805,2 . t (1 + 0,36 E 245:365) (1 + i2 E %% ) 365 "0:8< G8=><, >GV:C20=89 4>EV4 AB0=>28B8<5: D1 = (805,2  782) E 10 000 = $232000. @8:;04 @>7@0EC=:C 20@B>ABV >1;V30FVW, 28?CI5=>W =0 C<>20E 28?;0B8 2AVTW AC<8 ?@8 ?>30H5==V. FV=8B8 20@BVABL >1;V30FVW, 28?CI5=>W =0 B5@<V= 1 @V:, =><V=0;>< 200 3@=. 7 28?;0B>N 2AVTW AC<8 2V4A>B:V2 ?@8 ?>30H5==V 70 AB02:>N 36% 4> =><V=0;C, O:I> 4> ?>30H5==O 70;8H8;>AL 6 <VAOFV2 V AB02:0 ?@81CB:>2>ABV AB0=>28BL 60% @VG=8E. >72 O7>:. !:>@8AB0T<>AO <>45;;N >FV=:8 20@B>ABV >1;V30FVW 7 28?;0B>N 2AVTW AC<8 2V4A>B:V2 ?@8 WW ?>30H5==V: M + INT 200 + 200E0,36 V2 = %%%%%% = %%%%%%%%%% = 215,03 3@=., (1 + i2) N (1+0,60) 6:12 3.3.2. 0B5<0B8G=89 V=AB@C<5=B0@V9 >FV=N20==O ?@>AB8E V ?@82V;59>20=8E 0:FV9 07>25 @V2=O==O @8=:>2>W 20@B>ABV 0:FV9 ?>;O30T 2 B><C, I> 4V9A=0 @8=:>20 20@BVABL 0:FVW (Vs)  F5 ?>B>G=0 20@BVABL >GV:C20=8E C <091CB=L><C 482V45=4V2. FV=N20==O 20@B>ABV ?@>AB>W 0:FVW 74V9A=NTBLAO 70 D>@<C;>N: " D1 Vs = " %%%% , k=1 (1 + rs)t 45 D1  @>7<V@ 482V45=4V2, 28?;0GC20=8E 2 t-@>FV, rs  ?@81CB:>2VABL 728G09=8E 0:FV9, O:V 28:>@8AB>2CNBLAO 2 O:>ABV ?>:07=8:0 48A:>=BC 4;O ?@82545==O 482V45=4=8E 28?;0B 4> B5?5@VH=L>3> <><5=BC G0AC. 0;V 2AO ?>A;V4>2=VABL 482V45=4V2 @>71820TBLAO =0 42V 3@C?8: 1-0 3@C?0  482V45=48 ?@>BO3>< >3;O4=>3> G0AC 3>@87>=BC. 2-0 3@C?0  =5A:V=G5==0 ?>A;V4>2=VABL 482V45=4V2, I> 70;8H8;8AO, O:V 70<V=NNBL B5@<V=0;L=8< 7=0G5==O< (T). 5E09 N  :V;L:VABL @>:V2 2 >3;O4=><C 3>@87>=BV, B>4V 7 C@0EC20==O< 20@B>ABV 3@>H59 C G0AV >B@8<0T<>: D1 D2 DN T Vs = %%% + %%%% + L + %%%% + %%%% (1 + r) (1 + r)2 (1 + r)N (1 + r)N  <560E >3;O4=>3> 3>@87>=BC 482V45=48 ?@>3=>7CNBLAO 4;O :>6=>3> @>:C >:@5<>. ;O 4@C3>W 3@C?8 482V45=4V2 @>18BLAO ?@8?CI5==O C 2V4=>H5==V B5<?C @>ABC: =57<V==5 7=0G5==O D', 01> =C;L>289 B5<? @>ABC (g = 0). 45O:89 ?>78B82=89 B5<? @>ABC 482V45=4V2 (g > 0). B65, @>7@0EC=>: B5@<V=0;L=>3> 7=0G5==O <>65 74V9A=N20B8AL 2 >4=><C 7 42>E 20@V0=BV2: /:I> g = 0, B> D' T = %% . r /:I> g > 0, B> 28:>@8AB>2CTBLAO D>@<C;0 >@4>=0: D'1 T = %%% . r -g  F8E D>@<C;0E 2 O:>ABV 482V45=4C 28:>@8AB>2CTBLAO ?5@H0 ?VA;O 70:V=G5==O >3;O4=>3> 3>@87>=BC 25;8G8=0 482V45=4C, I> ?;0=CTBLAO 4> 28?;0B8. @8:;04. V4?@8T<AB2> 70 >AB0==V9 @V: 28?;0B8;> ?> 482V45=40E =0 >4=C 0:FVN 0,50 3@=. @>BO3>< =091;86G8E 42>E @>:V2 B5<? @>ABC 482V45=4V2 A:;045 6%.  ?>A;V4CNG><C 482V45=48 7@>AB0B8<CBL 7 B5<?>< 4%. 5>1EV4=> >FV=8B8 @8=:>2C 20@BVABL FVTW 0:FVW, O:I> WW ?@81CB:>2VABL 7=0E>48BLAO =0 @V2=V 12%. >72 O7>:. >7@0ECT<> 482V45=48, O:V 28?;0GC20;8AL =091;86GV 420 @>:8: D1 = 0,50 E 1,06 = 0,53 3@=. D2 = 0,53 E 1,06 = 0,562 3@=. 5;8G8=0 482V45=4C, 70?;0=>20=>3> 2 :V=FV B@5BL>3> @>:C, A:;045: D3 = 0,562 E 1,04 = 0,584 3@=. =0945<> B5@<V=0;L=5 7=0G5==O 70 $>@<C;>N >@4>=0: D'1 0,584 T = %%% = %%%%% = 7,3 3@=. r - g 0,12  0,04 =0945<> >FV=:C 728G09=>W 0:FVW ?V4?@8T<AB20 70 D>@<C;>N: D1 D2 DN T Vs = %%% + %%%% + L + %%%% + %%%% (1 + r) (1 + r)2 (1 + r)N (1 + r)N 0,53 0,562 7,3 Vs = %%%% + %%%%% + %%%%% = 6,74 3@=. 1 +0,12 (1 + 0,12)2 (1 + 0,12)2 A>1;82VABL ?@82V;59>20=8E 0:FV9 2 B><C, I> :0?VB0; 2:;040TBLAO =0 =5287=0G5=89 ?@><V6>: G0AC, 0 25;8G8=0 482V45=4V2 DV:A>20=0. 07=0G5=V D0:B>@8 287=0G0NBL A?>AV1 >FV=N20==O F8E 0:FV9 O: =5A:V=G5==>3> 0=CWB5BC. " Dp Dp Vp = " %%%% = %%% . k=1 (1 + r)k r  O:>ABV =>@<8 ?@81CB:>2>ABV 28:>@8AB>2CTBLAO ?@81CB:>2VABL 0=0;>3VG=8E ?@82V;59>20=8E 0:FV9, O:V >15@B0NBLAO =0 @8=:C. @8:;04. 0 G0A 5<VAVW ?@82V;59>20=8E 0:FV9 :>6=89 V=25AB>@ 70?;0B82 200 3@=. 70 0:FVN, >B@8<02H8 =0 70<V=C 7>1>2 O70==O 5<VB5=B0 28?;0GC20B8 9><C I>@VG=> 25 3@=. =09B8 ?>B>G=C ?@81CB:>2VABL 0:FVW B0 20@BVABL 0:FVW ?VA;O 42>E 482V45=4=8E 28?;0B, O:I> V=25AB>@ 28@VH82 ?@>40B8 0:FVW, 0 ?@81CB:>2VABL 0:FVW G5@57 420 @>:8 71V;LH8BLAO =0 0,5%. >72 O7>:. # 40=><C 28?04:C <8 <0T<> =5A:V=G5==89 0=CWB5B 25 3@=. >B>G=0 ?@81CB:>2VABL 0:FVW AB0=>28BL: D@ 25 r = %%% = %%% = 0,125 = 12,5% . Vp 200 "5@<V=0;L=5 7=0G5==O 4>@V2=NT: Dp 25 T = %%% = %%% = 200 3@=. r 0,125 FV=8<> 20@BVABL B5@<V=0;L=>3> 7=0G5==O ", B>1B> 20@BVABL 0:FVW G5@57 420 @>:8. Dp Dp " 25 25 200 T = %%%% + %%%% + %%%% = %%%%%% + %%%%%% + %%%%% = 200 3@=. (1 + r)1 (1 + r)2 (1 + r)2 (1 + 0,125) (1 + 0,125)2 (1 + 0,125)2 FV=8<> 20@BVABL ?@82V;59>20=>W 0:FVW 2 ?@8?CI5==V, I> G5@57 420 @>:8 2V4A>B:>20 AB02:0 71V;LH8BLAO =0 0,5% B0 1C45 4>@V2=N20B8 13%. ">4V B5@<V=0;L=5 7=0G5==O A:;045: 25 T = %%% = 192,31 3@=. 13% FV=8<> @8=:>289 :C@A 0:FVW 70 C<>28, I> V=25AB>@ 718@0TBLAO ?@>4020B8 0:FVW G5@57 420 @>:8. 25 25 192,31 Vp = %%%%%% + %%%%%% + %%%%%% = 193,92 3@=. (1 + 0,125) (1 + 0,125)2 (1 + 0,125)2 3.4. !:;040==O 3@0DV:C ?>25@=5==O 4>23>AB@>:>28E :@548BV2 >@?>@0FVW <>6CBL 70;CG0B8 :@548B=V @5AC@A8, O:V ?>25@B0NBLAO 2 ?@>F5AV 4VO;L=>ABV 01> @50;V70FVW V=25AB8FV9=8E ?@>5:BV2. !C<0 :@548BC 70728G09 :><?5=ACTBLAO ?>ABC?>2> ?@>BO3>< 9>3> B5@<V=C. >7@V7=ONBL 420 B8?8 ?>@O4:C ?>30H5==O: ?5@V>48G=8<8 2=5A:0<8; 0<>@B870FV9=89 (?>ABC?>20 28?;0B0 @V2=><V@=8<8 2=5A:0<8). >30H5==O :@548BC ?5@V>48G=8<8 2=5A:0<8. @8 FL><C A?>A>1V >A=>2=C :@548B=C AC<C 28?;0GCNBL ?@>BO3>< 2AL>3> 9>3> B5@<V=C. @>B5, ?>@O4>: ?>30H5==O B0:89, I> ?VA;O 70:V=G5==O B5@<V=C 2V4 AC<8 :@548BC 70;8H0TBLAO 4>AB0B=L> 7=0G=0 AC<0, O:0 ?V4;O30T ?>25@=5==N. @8:;04. #O2V<> A>1V, I> :>@?>@0FVO >B@8<CT :@548B 2 AC<V 100000 3@=. B5@<V=>< =0 5 @>:V2. ;0B56V 2 @0EC=>: ?>30H5==O :@548BC 2=>AOBLAO I>@VG=> 2 AC<V 12000 3@=. ?;NA 2V4A>B:8 70 AB02:>N 22%. "0:8< G8=><, 2 :V=FV ? OB8;VB=L>3> ?5@V>4C 265 1C4CBL 74V9A=5=V 4 ?;0B56V ?> 12000 3@=. (2AL>3> 48000), V 70;8H0TBLAO =528?;0G5=>N AC<0 2 52000 3@=., O:C ?>2=VABN 28?;0GCNBL ?> 70:V=G5=V B5@<V=C :@548BC. "0:89 ?>@O4>: ?>30H5==O ?>40<> 2 B01;8FV. "8A. 3@=. V:>G0B:>289 10;0=A 1>@3C>30H5==O 1>@3CV4A>B:8 VG=0 28?;0B0V=F5289 10;0=A 1>@3C1100,00012,00022,00034,00088,000288,00012,00019,36031,36076,000376,00012,00016,72028,72064,000464,00012,00014,08026,08052,000552,00052,00011,44063,440-100,00083,6000C2068<>, I> 2V4A>B:8 =0@0E>2CNBLAO, 28E>4OG8 7 25;8G8=8 ?>G0B:>2>3> =0 ?>B>G=89 @V: 10;0=AC 1>@3C. @548B <>65 1CB8 28?;0G5=89 @V2=8<8 2=5A:0<8. V4A>B>: 28?;0GCNBL ?> =5?>30H5=V9 G0AB8=V 1>@3C, B><C 7030;L=0 AC<0 2=5A:C ?> ?>30H5==N >A=>2=>W AC<8 V 2V4A>B:C 7<5=HCTBLAO ?> <V@V B>3>, O: <8=0T B5@<V= :@548BC. =5A:8 ?> ?>30H5==N >A=>2=>W AC<8 =5 7<V=NNBLAO. @>B5 :>6=0 =0ABC?=0 2V4A>B:>20 28?;0B0 <5=H0 70 ?>?5@54=N, B0: O: =5?>30H5=0 G0AB8=0 >A=>2=>W AC<8, I> 70;8H8;0AL, 7<5=HCTBLAO.  B0:><C 28?04:C 3@0DV: >1A;C3>2C20==O 1>@3C <0T =0ABC?=89 283;O4: V:>G0B:>289 10;0=A 1>@3C>30H5==O 1>@3CV4A>B:8 VG=0 28?;0B0V=F5289 10;0=A 1>@3C1100,00020,00022,00042,00080,000280,00020,00017,60037,60060,000360,00020,00013,20033,20040,000440,00020,0008,80028,80020,000520,00020,0004,40024,400-100,00066,000@8 ?>@V2=O==V B01;8FL <>6=0 4V9B8 28A=>2:C, I> AC<0 2V4A>B:>28E ?;0B56V2 C ?5@H><C 20@V0=BV 70:>=><V@=> 28I0. <>@B870FV9=5 ?>30H5==O :@548BC. @8 B0:><C A?>A>1V >A=>2=C AC<C :@548BC 28?;0GCNBL ?>ABC?>2> ?@>BO3>< B5@<V=C :@548BC. ;0B56V 74V9A=NNBLAO @V2=8<8 AC<0<8 @53C;O@=>, V 2>=8 2:;NG0NBL 287=0G5=C G0AB8=C AC<8 :@548BC V 2V4A>B>:. !C<C :@548BC ?>30H0NBL @07>< 7 >AB0==V< 2=5A:><. &59 ?@8=F8? 28:>@8AB>2CNBL ?@8 V?>B5G=><C :@548BC20==V. 030B> 70EV4=8E :@548B=8E V=25AB>@V2 28:>@8AB>2CNBL 40=C AE5<C 2 O:>ABV 107>2>3> 3@0DV:C ?>25@=5==O 1>@3C ?V4?@8T<AB2><-?>78G0;L=8:><. @8:;04. @548B=89 V=25AB>@ ?@>?>=CT ?V4?@8T<AB2C :@548B ?V4 12% @VG=8E B5@<V=>< =0 4 @>:8 ?> AE5<V ?>25@=5==O 1>@3C I>?V2@>:C. ;0=CTBLAO 70;CG8B8 800 B8A. 3@=. 5>1EV4=> @>7@0EC20B8 3@0DV: >1A;C3>2C20==O 1>@3C. 5@H 70 2A5 ?>B@V1=> >1G8A;8B8 25;8G8=C ?V2@VG=>W 28?;0B8. @8 @>7@0EC=:C FVTW AC<8 28:>@8AB>2CTBLAO :>=F5?FVO >FV=:8 20@B>ABV 3@>H59 C G0AV  ?@82545=0 4> B5?5@VH=L>3> G0AC AC<0 2AVE ?;0B56V2 ?>28==0 4>@V2=N20B8 AC<V :@548BC. /:I> PMT  =52V4><0 25;8G8=0 @VG=>W 28?;0B8, 0 S  25;8G8=0 :@548BC, B> ?@8 2V4A>B:>2V AB02FV :@548BC V B0 :V;L:>ABV ?5@V>48G=8E ?;0B56V2 n 25;8G8=0 " <>65 1CB8 >1G8A;5=0 70 4>?><>3>N @V2=O==O: PMT PMT PMT S = %%%% + %%%% & + %%%% (1 + V)1 (1 + V)2 (1 + V)? >7@0EC=>: <>6=0 74V9A=8B8 70 4>?><>3>N DV=0=A>28E B01;8FL 01> Excel. ;O =0H>3> ?@8:;04C AC<0 @VG=>3> ?;0B56C 4>@V2=NT 128, 829 B8A. 3@=. V:>G0B:>289 10;0=A 1>@3C>30H5==O 1>@3CV4A>B:8 VG=0 28?;0B0V=F5289 10;0=A 1>@3C1800,00080,82948,000128,829719,1712719,17185,67843,150128,829633,4933633,49390,81938,010128,829542,6744542,67496,26832,560128,829446,4055464,405102,04426,784128,829344,3616344,361108,16720,662128,829236,1947236,194114,65714,172128,829121,5378121,537121,5377,292128,8290800,000230,6303.5. $V=0=A>2V 0A?5:B8 @5>@30=V70FVW :>@?>@0FV9  4. 0240==O :>=B@>;L=>W @>1>B8 0@V0=B 1 1. >;L :>@?>@0FV9 2 A8AB5<V =0FV>=0;L=>W 5:>=><V:8. 2. A=>2=V E0@0:B5@8AB8:8 ?@82V;59>20=8E 0:FV9. 3. "5AB>25 70240==O: "5AB 1. $V=0=A8  F5& 1) 2;0A=V B0 70?>78G5=V @5AC@A8, O:V :>@?>@0FVO 28:>@8AB>2CT 4;O >B@8<0==O ?@81CB:C; 2) 4VO;L=VABL AC1 T:BV2, ?>2 O70=0 7 D>@<C20==O<, @>7?>4V;>< V 28:>@8AB0==O< DV=0=A>28E @5AC@AV2 7 <5B>N 28@VH5==O ?>AB02;5=8E 7040G; 3) 4VO;L=VABL AC1 T:BV2 3>A?>40@N20==O, A?@O<>20=0 =0 D>@<C20==O, @>7?>4V; B0 5D5:B82=5 28:>@8AB0==O V=25AB8FV9=8E @5AC@AV2. "5AB 2. >40B:>289 :0?VB0;: 1) F5 AC<0 ?@8@>ABC <09=0 ?V4?@8T<AB20, O:0 28=8:0T 2 @57C;LB0BV ?5@5>FV=:8 (V=45:A0FVW) 157>?;0B=> >45@60=8E <0B5@V0;L=8E FV==>AB59 B0 2V4 5<VAV9=>3> 4>E>4C; 2) F5 :0?VB0;, C <560E O:>3> 2;0A=8:8 ?V4?@8T<AB20 =5ACBL 2V4?>2V40;L=VABL ?5@54 9>3> :@548B>@0<8; 3) <>65 1CB8 ;8H5 2 0:FV>=5@=8E B>20@8AB20E; 4) F5 >48= 7 284V2 4>E>4V2 ?V4?@8T<AB20, O:V <>6CBL 1CB8 ?>4V;5=V <V6 2;0A=8:0<8 :>@?>@0B82=8E ?@02. 4. 040G0. >7@0EC20B8 10;0=A>289 :C@A 0:FV9 :>@?>@0FVW, O:I> 2;0A=89 :0?VB0; ?V4?@8T<AB20 E0@0:B5@87CNBL B0:V =02545=V 2 10;0=AV 40=V, B8A. 3@=.: :B820A821. 5>1>@>B=V 0:B828 750 2. 1>@>B=V 0:B828 4101. !B0BCB=89 :0?VB0; 850 2. >40B:>2> 2:;045=89 :0?VB0; 80 3. =H89 4>40B:>289 :0?VB0; 20 4. 5@>7?>4V;5=89 ?@81CB>: 20 5. 8;CG5=89 :0?VB0; 60 6. >1>2 O70==O 2500;0=A 11600;0=A 11600@V0=B 2 1. A>1;82>ABV B0 =0?@O<8 D>@<C20==O DV=0=AV2 :>@?>@0FV9 2 #:@0W=V. 2. 5@52038 B0 =54>;V:8 DV=0=AC20==O 70 @0EC=>: ?@82V;59>20=8E 0:FV9. 3. "5AB>25 70240==O: "5AB 1. >;>2=0 5:>=><VG=0 >A>1;82VABL :>@?>@0B82=>W D>@<8 >@30=V70FVW ?V4?@8T<=8FB20 ?>;O30T 2 B><C, I>& 1) VA=CT @50;L=0 <>6;82VABL 70;CG5==O V=25AB8FV9=8E @5AC@AV2; 2) 2V4ACB=V >1<565==O <09=>2>W 2V4?>2V40;L=>ABV 2;0A=8:V2; 3) VA=CT <>6;82VABL 5D5:B82=>3> @53C;N20==O ?5@5<VI5==O ?09>2>W CG0ABV G5@57 :C?V2;N-?@>406 0:FV9; 4) F5 70:V=G5=0 D>@<0 2V4>:@5<;5==O 2;0A=>ABV 2V4 C?@02;V==O V 5:>=><VG=> B0 N@848G=> 2V4>A>1;5=0 2V4 WW 70A=>2=8:V2 B0 CG0A=8:V2. "5AB 2. >40B:>289 2:;045=89 :0?VB0; B0 V=H89 4>40B:>289 :0?VB0; <>6=0 28:>@8AB>2C20B8 70 B0:8<8 >A=>2=8<8 =0?@O<0<8: 1) =0 ?>:@8BBO 10;0=A>28E 718B:V2 70 C<>28, I> =0 FV FV;V 28:>@8AB0=V 2AV V=HV 465@5;0; 2) =0 71V;LH5==O AB0BCB=>3> :0?VB0;C, O:I> :>@?>@0FVO <0T =5?>:@8BV 718B:8; 3) =0 ?>:@8BBO @V7=8FV <V6 D0:B8G=>N A>1V20@BVABN 28;CG5=>3> :0?VB0;C, O:89 0=C;NTBLAO, B0 9>3> =><V=0;><; 4) =0 @>7?>4V; 7 <5B>N 28?;0B8 482V45=4V2 C 3@>H>2V9 D>@<V; 5) =0 @>7@0EC=:8 7 :@548B>@0<8 ?> 4>23>AB@>:>28E 7>1>2 O70==OE. 4. 040G0. 8?CI5=0 :C?>==0 >1;V30FVO 7 DV:A>20=>N 2V4A>B:>2>N AB02:>N B5@<V=>< =0 5 @>:V2 B0 =><V=0;>< 1000 3@=. V4A>B:>2V 28?;0B8 74V9A=NNBLAO 2 @078 =0 @V: 2 @>7<V@V 60 3@=. 8=:>20 2V4A>B:>20 AB02:0 ?> 0=0;>3VG=8E DV=0=A>28E ?>78:0E A:;040T 16%. 5>1EV4=> 287=0G8B8 ?>B>G=C 20@BVABL >1;V30FVW. 0@V0=B 3 1. 5@602=5 @53C;N20==O 4VO;L=>ABV 0:FV>=5@=8E B>20@8AB2 2 #:@0W=V. 2. 5B>48 >FV=:8 20@B>ABV ?@82V;59>20=8E V 728G09=8E 0:FV9. 3. "5AB>25 70240==O: "5AB 1. !C:C?=VABL D>=4V2, O:V ?@89<0NBL CG0ABL C 70157?5G5==V 4VO;L=>ABV AC1 T:BV2, 74V9A=NNBL >1V3 C 3@>H>2V9 D>@<V B0 702648 7=0E>4OBLAO C 2;0A=>ABV B8E G8 V=H8E AC1 T:BV2  F5 & 1) DV=0=A>2V @5AC@A8; 2) :@548B=V @5AC@A8; 3) V=25AB8FV9=V :>HB8; 4) DV=0=A>2V 0:B828. "5AB 2. 575@2=89 :0?VB0;  F5& 1) :0?VB0;, O:89 D>@<CTBLAO 7 <5B>N ?>:@8BBO <>6;828E 718B:V2 :>@?>@0FVW 2 @57C;LB0BV =5?>30H5==O 1>@6=8:>< AC<=V2=>W G8 157=04V9=>W 451VB>@AL:>W 701>@3>20=>ABV; 2) :0?VB0;, AD>@<>20=89 70 @0EC=>: ?@8@>ABC <09=0 ?V4?@8T<AB20, O:89 28=8:0T 2 @57C;LB0BV ?5@5>FV=:8 (V=45:A0FVW) 157>?;0B=> >45@60=8E <0B5@V0;L=8E FV==>AB59 B0 2V4 5<VAV9=>3> 4>E>4C; 3) @575@28, AD>@<>20=V 70 @0EC=>: G8AB>3> ?@81CB:C 2 @>7<V@0E, 2AB0=>2;5=8E 70A=>2=8FL:8<8 4>:C<5=B0<8 B0 =>@<0B82=8<8 0:B0<8. 4. 040G0. !B01V;L=89 A5@54=L>@VG=89 G8AB89 ?@81CB>: ?V4?@8T<AB20 AB0=>28BL 70 B8A. 3@=., AB02:0 :0?VB0;V70FVW  14%, AB0BCB=89 :0?VB0;  750 B8A. 3@=. 87=0G8B8 :C@A 0:FV9 70 :0?VB0;V7>20=>N 20@BVABN. 0@V0=B 4 1. $V=0=A>2V B0 V=25AB8FV9=V F8:;8 :>@?>@0FV9. 2. #?@02;V==O @CE>< 0:FV9 =0 ?5@28==8E V 2B>@8==8E @8=:0E. 3. "5AB>25 70240==O: "5AB 1. VO;L=VABL AC1 T:BV2, I> ?>2 O70=0 7 ?@>2545==O< <>1V;V70FVW, @>7?>4V;C V 28:>@8AB0==O @5AC@AV2 4;O 4>AO3=5==O <5B8, F5& 1) >1 T:B DV=0=AV2; 2) ?@54<5B DV=0=AV2; 3) DV=0=A>20 AB@0B53VO; 4) DV=0=A>20 ?>;VB8:0. "5AB 2. 575@2=89 :0?VB0; <>65 28:>@8AB>2C20B8AL =0 B0:V FV;V: 1) ?>:@8BBO 718B:V2 AC1 T:B0 3>A?>40@N20==O; 2) 28?;0B8 70@>1VB=>W ?;0B8 ?5@A>=0;C; 3) 28:C? 2;0A=8E :>@?>@0B82=8E ?@02; 4) =0 28?;0BC 482V45=4V2 (O:I> 25;8G8=0 @575@2V2 ?5@528ICT <V=V<0;L=> 4>?CAB8<89 @V25=L); 5) A?;0BC ?>40B:V2 =0 ?@81CB>:. 4. 040G0. >7@0EC20B8 10;0=A>289 :C@A 0:FV9 :>@?>@0FVW, O:I> 2;0A=89 :0?VB0; ?V4?@8T<AB20 E0@0:B5@87CNBL B0:V =02545=V 2 10;0=AV 40=V, B8A. 3@=.: :B820A821. 5>1>@>B=V 0:B828 600 2. 1>@>B=V 0:B828 3401. !B0BCB=89 :0?VB0; 400 2. >40B:>2> 2:;045=89 :0?VB0; 120 3. =H89 4>40B:>289 :0?VB0; 40 4. 5@>7?>4V;5=89 ?@81CB>: 10 5. 5>?;0G5=89 :0?VB0; 80 6. 8;CG5=89 :0?VB0; 20 7. >1>2 O70==O 3100;0=A 9400;0=A 9400@V0=B 5 1. 65@5;0 D>@<C20==O B0 =0?@O<8 28:>@8AB0==O DV=0=A>28E @5AC@AV2 :>@?>@0FVW. 2. A>1;82>ABV V=25AB8FV9=>W 4VO;L=>ABV :>@?>@0FVW 2 C<>20E B@0=AD>@<0FVW 5:>=><V:8. 3. "5AB>25 70240==O: "5AB 1. 5@52038 0:FV>=5@=>3> B>20@8AB20 =04 V=H8<8 >@30=V70FV9=>-?@02>28<8 CB2>@5==O<8 ?>;O30NBL C: 1) ?5@A?5:B820E 71V;LH5==O AB0@B>28E V=25AB8FV9; 2) <>1V;L=>ABV 2 >B@8<0==V ?@81CB:V2; 3) 70157?5G5==V H284:8E @>7@0EC=:V2 7 :@548B>@0<8; 4) <>6;82>ABV C?@02;V==O ?V4?@8T<AB2>< G5@57 :>@?>@0B82=5 2>;>4V==O; 5) 70157?5G5==V @>728B:C A>FV0;L=8E ?@>3@0<; 6) <>6;82>ABV 2?@>20465==O 5D5:B82=8E <5B>4V2 @53C;N20==O V :>=B@>;N. "5AB 2. !0=0FV9=89 ?@81CB>:  F5 & 1) ?@>3=>7>20=89 ?@81CB>:, O:89 ?V4?@8T<AB2> ?;0=CT >45@60B8 ?VA;O CA?VH=>3> 7025@H5==O A0=0FVW; 2) @V7=8FO <V6 70B@0B0<8 =0 ?@>2545==O A0=0FVW B0 >45@60=>N 28@CG:>N ?VA;O DV=0=A>2>3> >74>@>2;5==O; 3) @V7=8FO <V6 ?@81CB:>< ?V4?@8T<AB20 ?VA;O 9>3> A0=0FVW B0 ?@81CB:>< (718B:><) 4> ?@>2545==O A0=0FV9=8E 70E>4V2; 4) @V7=8FO <V6 =><V=0;L=>N 20@BVABN ?5@540=8E 157:>HB>2=> 01> G0AB:>2> 28:C?;5=8E :>@?>@0FVTN 0:FV9 B0 FV=>N WE 28:C?C; 5) ?@81CB>:, O:89 ?V4?@8T<AB2> >45@6CT 2 @57C;LB0BV A?8A0==O G0AB8=8 :@548B>@AL:>W 701>@3>20=>ABV. 4. 040G0. 8?CI5=0 :C?>==0 >1;V30FVO 7 DV:A>20=>N 2V4A>B:>2>N AB02:>N B5@<V=>< =0 3 @>:8 B0 =><V=0;>< 500 3@=. V4A>B:>2V 28?;0B8 74V9A=NNBLAO 2 @078 =0 @V: 2 @>7<V@V 30 3@=. 8=:>20 2V4A>B:>20 AB02:0 ?> 0=0;>3VG=8E DV=0=A>28E ?>78:0E A:;040T 18%. 5>1EV4=> 287=0G8B8 20@BVABL >1;V30FVW G5@57 420 @>:8, O:I> 2V4A>B:>20 AB02:0 70;8H8BLAO 157 7<V=. 0@V0=B 6 1. $V=0=A>289 0=0;V7 AB@0B53VW @>728B:C :>@?>@0FVW. 2. 65@5;0 V=25AB8FV9=8E @5AC@AV2, 4>ABC?=V 2VBG87=O=8< :>@?>@0FVO<. 3. "5AB>25 70240==O: "5AB 1. >42V9=5 >?>40B:C20==O ?@81CB:V2 E0@0:B5@=5 4;O B0:>W D>@<8 ?V4?@8T<=8FB20 O:& :>@?>@0FVO; ?0@B=5@AB2>; >4=>>AV1=5 ?V4?@8T<AB2>; >1 T4=0==O >@5=40@V2. "5AB 2. # ?@>F5AV A0=0FVW 10;0=AC & 1) ?V428ICTBLAO @>7@0EC=:>289 V @8=:>289 :C@A8 :>@?>@0B82=8E ?@02; 2) ?>;V?HCTBLAO ?;0B>A?@><>6=VABL ?V4?@8T<AB20; 3) ?>:@820NBLAO 2V4>1@065=V 2 10;0=AV 718B:8; 4) 70;CG0NBLAO DV=0=A>2V @5AC@A8 4;O ?@>2545==O A0=0FV9=8E 70E>4V2 28@>1=8G>3> E0@0:B5@C; 5) 71V;LHCTBLAO AB0BCB=89 :0?VB0; ?V4?@8T<AB20. 4. 040G0. 1G8A;8B8 ?>B>G=C 20@BVABL >1;V30FVW 7 =C;L>28< :C?>=><, 20@BVABN 400 3@=. V B5@<V=>< ?>30H5==O 2 @>:8, O:I> ?@89=OB0 =>@<0 ?@81CB:C AB0=>28BL 7% B0 ?@>9H>2 @V: ?VA;O 28?CA:C >1;V30FVW. 0@V0=B 7 1. A>1;82>ABV :>@?>@0B82=>3> DV=0=A>2>3> ?;0=C20==O. 2. ?B8<V70FVO ?>@BD5;N FV==8E ?0?5@V2. 3. "5AB>25 70240==O: "5AB 1. !:;04>2V G0AB8=8 4VO;L=>ABV :>@?>@0FVW, O:V >E>?;NT DV=0=A>289 <5=546<5=B: 1) CB2>@5==O ?5@2VA=>3> :0?VB0;C :>@?>@0FVW H;OE>< 28?CA:C 0:FV9 V >1;V30FV9; 2) D>@<C20==O =0?@O<V2 28:>@8AB0==O 70;CG5=8E DV=0=A>28E @5AC@AV2; 3) 157?>A5@54=O DV=0=A>20 4VO;L=VABL :>@?>@0FVW; 4) 28?CA: 0:FV9 B0 >1;V30FV9 4;O 4>40B:>2>3> 70;CG5==O :0?VB0;C V @>7H8@5==O 4VO;L=>ABV :>@?>@0FVW; 5) >B@8<0==O 482V45=4V2 70 :>@?>@0B82=8<8 ?@020<8 V=H8E 5<VB5=BV2 7 <5B>N V=25ABC20==O C 2;0A=5 28@>1=8FB2>; 6) A?;0B0 482V45=4V2 2;0A=8:0< :>@?>@0B82=8E ?@02. "5AB 2. :FV>=5@=5 B>20@8AB2> <>65 28:C?8B8 0:FVW 2;0A=>3> 28?CA:C 4;O: 1) =0ABC?=>3> ?5@5?@>406C; 2) =0ABC?=>3> 0=C;N20==O; 3) >45@60==O 482V45=4V2 ?V4 G0A @>7?>4V;C ?@81CB:C; 4) @>7?>2AN465==O A5@54 A2>WE ?@0FV2=8:V2; 5) 74V9A=5==O 0:FVO<8 2;0A=>3> 28?CA:C 2=5A:V2 C AB0BCB=89 :0?VB0; V=H8E ?V4?@8T<AB2. 4. 040G0. !B0BCB=89 :0?VB0; :>@?>@0FVW AB0=>28BL 900 B8A. 3@=. !B01V;L=89 A5@54=L>@VG=89 G8AB89 ?@81CB>: - 130 B8A. 3@=., AB02:0 :0?VB0;V70FVW  18%, 87=0G8B8 :C@A 0:FV9 70 :0?VB0;V7>20=>N 20@BVABN. 0@V0=B 8 1. =0;V7 @CEC 3@>H>28E :>HBV2 :>@?>@0FVW B0 <5B>4>;>3VO 9>3> 74V9A=5==O. 2. 825@A8DV:0FVO DV=0=A>2>W 4VO;L=>ABV :>@?>@0FVW O: A?>AV1 70E8ABC 2V4 @878:C. 3. "5AB>25 70240==O: "5AB 1. 8=>: V=AB@C<5=BV2 ?>78:8 T 206;828< 5;5<5=B><: 1) :@548B=>3> @8=:C; 2) 20;NB=>3> @8=:C; 3) @8=:C V=25AB8FV9; 4) @8=:C FV==8E ?0?5@V2. "5AB 2. > >A=>2=8E FV;59 71V;LH5==O AB0BCB=>3> :0?VB0;C 2V4=>A8BLAO: 1) ?@>2545==O @5AB@C:BC@870FVW 2;0A=>3> :0?VB0;C :>@?>@0FVW; 2) ?5@5@>7?>4V; :>@?>@0B82=8E ?@02; 3) 70;CG5==O 4>40B:>28E V=25AB8FV9=8E @5AC@AV2; 4) ?@>2545==O @5AB@C:BC@870FVW 7>1>2 O70=L :>@?>@0FVW; 5) D>@<C20==O 4>E>4V2 7 <5B>N DV=0=AC20==O 718B:V2; 6) ?V428I5==O @8=:>2>W FV=8 0:FVW. 4. 040G0. >@?>@0FVO >B@8<0;0 =0 157>?;0B=V9 >A=>2V >1 T:B >A=>2=8E 70A>1V2 70 ?5@2VA=>N 20@BVABN 250 B8A. 3@=., 0 B0:>6 =0?V2D01@8:0B8 ?5@2VA=>N 20@BVABN 25 B8A. 3@=. VG=0 AC<0 0<>@B870FVW 707=0G5=8E >A=>2=8E 70A>1V2 AB0=>28;0 12 B8A. 3@=. 0 O:8<8 ?>78FVO<8 DV=0=A>2>W 72VB=>ABV A;V4 2V4>1@078B8 7<V=8, I> T @57C;LB0B>< F8E >?5@0FV9? 0@V0=B 9 1. 5B>48 DV=0=A>2>3> <5=546<5=BC :>@?>@0FVW. 2. @>1;5<8 DV=0=A>2>3> 70157?5G5==O V==>20FV9=>W 4VO;L=>ABV :>@?>@0FV9. 3. "5AB>25 70240==O: "5AB 1. !D5@0 5:>=><VG=8E 2V4=>A8= <V6 ?>78G0;L=8:>< B0 :@548B>@><, I> 28=8:0NBL 2=0A;V4>: @CEC 3@>H59 =0 C<>20E ?;0B=>ABV, FV;L>2>3> 28:>@8AB0==O, 72>@>B=>ABV, - F5& 1) @8=>: FV==8E ?0?5@V2; 2) @8=>: DV=0=A>28E @5AC@AV2; 3) @8=>: V=25AB8FV9; 4) :@548B=89 @8=>:. "5AB 2. > 465@5; DV=0=AC20==O 71V;LH5==O AB0BCB=>3> :0?VB0;C 2V4=>AOBLAO: 1) V=45:A0FVO AB0BCB=>3> :0?VB0;C; 2) @5AB@C:BC@870FVO 1>@3>28E 7>1>2 O70=L :>@?>@0FVW; 3) 4>23>AB@>:>2V :@548B8 10=:V2; 4) DV=0=A>2V @5AC@A8 7>2=VH=VE V=25AB>@V2; 5) 4>40B:>2V 2=5A:8 CG0A=8:V2; 6) V=45:A0FVO =5>1>@>B=8E 0:B82V2 :>@?>@0FVW. 4. 040G0. !B0BCB=89 :0?VB0; 0:FV>=5@=>3> B>20@8AB20 AB0=>28BL 5 <;=. 3@=. @89=OB> @VH5==O ?@> 7<5=H5==O AB0BCB=>3> :0?VB0;C H;OE>< :>=25@AVW 0:FV9 C A?V22V4=>H5==V 5 : 2. A:V;L:8 10% 0:FV>=5@V2 =5 ?>40;8 A2>W 0:FVW 4;O :>=25@AVW, WE 0:FVW 1C;8 0=C;L>20=V. 0B><VABL C E>4V :>=25@AVW =0 40=C :V;L:VABL 0:FV9 C 2V4?>2V4=><C A?V22V4=>H5==V 1C;8 5<VB>20=V 0:FVW, O:V @50;V7>20=V =0 1V@6V 70 :C@A>< 120%. =09B8 AC<C A0=0FV9=>3> ?@81CB:C. /:C AC<C :><?5=A0FVW >45@60;8 0:FV>=5@8, O:V 2V4<>28;8AO ?>40B8 0:FVW 4;O >1<V=C? 0@V0=B 10 1. >=OBBO :>@?>@0B82=8E DV=0=AV2. 2. $>=4>289 @8=>: O: >A=>2=0 A:;04>20 DV=0=A>2>3> @8=:C :>@?>@0FV9. 3. "5AB>25 70240==O: "5AB 1. :>=><VG=V 2V4=>A8=8, O:V 28=8:0NBL 2 :>@?>@0FVW 7 ?@82>4C CB2>@5==O V 28:>@8AB0==O DV=0=A>28E @5AC@AV2 4;O 4>AO3=5==O FV;59, F5& 1) :>@?>@0B82=89 :0?VB0;; 2) ?@8=F8?8 :@548BC20==O :>@?>@0FVW; 3) DV=0=A8 :>@?>@0FVW. "5AB 2. 8:>@8AB>2CNBLAO B0:V A?>A>18 71V;LH5==O AB0BCB=>3> :0?VB0;C: 1) 71V;LH5==O @8=:>2>W 20@B>ABV 0:FVW; 2) 71V;LH5==O :V;L:>ABV 0:FV9 B>3> 6 =><V=0;C; 3) ?@>2545==O >1<V=C >1;V30FV9 45@602=8E ?>78: =0 0:FVW :>@?>@0FVW; 4) 71V;LH5==O =><V=0;L=>W 20@B>ABV 0:FV9 ?@8 =57<V==V9 WE :V;L:>ABV; 5) 74V9A=5==O 4>40B:>2>W 5<VAVW 0:FV9 B0 WE 45=><V=0FVO; 6) 5<VAVO :>=25@B>20=8E >1;V30FV9; 7) ?@8410==O >A=>2=8E D>=4V2. 4. 040G0. 1;V30FVO 7 B5@<V=>< ?>30H5==O 1 @V: B0 AC<>N 4> ?>30H5==O 1000 3@=. 1C;0 ?>2=VABN @50;V7>20=0 DV=0=A>28< V=AB8BCB>< 70 FV=>N 790 3@=. 70 HBC:C. >@?>@0FVO :C?8;0 10000 F8E >1;V30FV9. @>9H;> 120 4=V2 B0 :>@?>@0FVO 28@VH8;0 ?@>40B8 >1;V30FVW =0 2B>@8==><C @8=:C. >B>G=0 2V4A>B:>20 AB02:0 ?> 1>@3>28E V=AB@C<5=B0E B@820;VABN 1 @V: =0 <><5=B ?@>406C AB0=>28;0 36%. > O:V9 FV=V ?V4?@8T<AB2> <>65 ?@>40B8 FV >1;V30FVW, V O:89 4>EV4 2>=> <>65 >B@8<0B8? 0@V0=B 11 1. $V=0=A>20 72VB=VABL 0:FV>=5@=>3> B>20@8AB20. 2. 53C;N20==O 4>E>4V2 2 A8AB5<V 3>A?>40@AL:>W 4VO;L=>ABV :>@?>@0FVW. 3. "5AB>25 70240==O: "5AB 1. >@?>@0B82=V DV=0=A8 <>6CBL 1CB8 ?@54AB02;5=V C B0:8E =0?@O<0E: 1) 157?>A5@54=V9 28?CA: 0:FV9 B0 >1;V30FV9; 2) 4>;L>20 CG0ABL 2 V=H8E AC1 T:B0E 3>A?>40@N20==O H;OE>< ?@8410==O 0:FV9, ?0W2; 3) DV=0=A8, ?>2 O70=V 7 4VO;L=VABN :>@?>@0FVW, 0;5 B0:V, I> =5 AB>ACNBLAO 0:FV9 B0 >1;V30FV9 157?>A5@54=L>; 4) AB0BBV @>74V;C  ?0A82C 10;0=AC. "5AB 2. A=>2=8<8 FV;O<8 7<5=H5==O AB0BCB=>3> :0?VB0;C T: 1) >45@60==O A0=0FV9=>3> ?@81CB:C; 2) ?V428I5==O ?;0B>A?@><>6=>ABV ?V4?@8T<AB20; 3) 71V;LH5==O =><V=0;L=>W 20@B>ABV :>@?>@0B82=8E ?@02; 4) ?V428I5==O @8=:>2>W 20@B>ABV :>@?>@0B82=8E ?@02; 5) :>=F5=B@0FVO AB0BCB=>3> :0?VB0;C 2 @C:0E =090:B82=VH8E 2;0A=8:V2. 4. 040G0. >7<V@ AB0BCB=>3> :0?VB0;C 0:FV>=5@=>3> B>20@8AB20 AB0=>28BL 2,5 <;=. 3@=. @89=OB> @VH5==O ?@> 7<5=H5==O ! H;OE>< :>=25@AVW 0:FV9 C A?V22V4=>H5==V 5 : 3. A:V;L:8 16% 0:FV>=5@V2 =5 ?>40;8 A2>W 0:FVW 4;O :>=25@AVW, WE 0:FVW 1C;8 0=C;L>20=V. 0B><VABL C E>4V :>=25@AVW =0 40=C :V;L:VABL 0:FV9 C 2V4?>2V4=><C A?V22V4=>H5==V 1C;8 5<VB>20=V 0:FVW, O:V @50;V7>20=V =0 1V@6V 70 :C@A>< 135%. =09B8 AC<C :><?5=A0FVW, O:C >45@60;8 BV 0:FV>=5@8, I> 2V4<>28;8AO ?>40B8 0:FVW 4;O >1<V=C? 0@V0=B 12 1. =D>@<0FVO 2 A8AB5<V :>@?>@0B82=>3> C?@02;V==O. 2. @8=F8?8 D>@<C20==O B0 A:;04>2V 0:FV>=5@=>3> :0?VB0;C. 3. "5AB>25 70240==O: "5AB 1. 57?5@5@2=89 ?@>F5A D>@<C20==O 3@>H>28E :>HBV2, WE =0:>?8G5==O V A?@O<C20==O =0 2V4?>2V4=V FV;V :>@?>@0FVW  F5& DV=0=A>289 F8:;; V=25AB8FV9=8E F8:;; 20@BVA=89 F8:;. "5AB 2. >=25@AVO 0:FV9 & 1) F5 >1 T4=0==O :V;L:>E 0:FV9 2 >4=C; 2) F5 7<5=H5==O =><V=0;L=>W 20@B>ABV 0:FV9; 3) ?5@5410G0T >1<V= 70 2AB0=>2;5=8< A?V22V4=>H5==O< >4=VTW :V;L:>ABV 0:FV9 =0 V=HC; 4) ?5@5410G0T 28:C? 0:FV9 7 <5B>N WE 0=C;N20==O; 5) ?5@5410G0T >1<V= :>=25@AV9=8E >1;V30FV9 =0 728G09=V 0:FVW. 4. 040G0. 8?CI5=0 :C?>==0 >1;V30FVO 7 DV:A>20=>N 2V4A>B:>2>N AB02:>N B5@<V=>< =0 5 @>:V2 B0 =><V=0;>< 1000 3@=. V4A>B:>2V 28?;0B8 74V9A=NNBLAO 2 @078 =0 @V: 2 @>7<V@V 60 3@=. 8=:>20 2V4A>B:>20 AB02:0 ?> 0=0;>3VG=8E DV=0=A>28E ?>78:0E A:;040T 16%. 5>1EV4=> 287=0G8B8 20@BVABL >1;V30FVW G5@57 420 @>:8, O:I> 2V4A>B:>20 AB02:0 71V;LH8BLAO =0 4%? 0@V0=B 13 1. $>@<C20==O V=D>@<0FV9=>3> A5@54>28I0 :>@?>@0FVW. 2. A>1;82>ABV DC=:FV>=C20==O B0 270T<>2V4=>A8= DV=0=A>28E ?>A5@54=8:V2 D>=4>2>3> @8=:C. 3. "5AB>25 70240==O: "5AB 1. !D5@C, I> >E>?;NT, :@V< 157?>A5@54=L>3> :>=B@>;N DV=0=A>2>-3>A?>40@AL:8E 4>:C<5=BV2 :>@?>@0FVW, I5 9 @50;V70FVN :>=B@>;N O: B0:>3>, ?@54AB02;OT A>1>N: 1) :>=B@>;V=3; 2) 0C48B; 3) DV=0=A>289 <>=VB>@8=3. "5AB 2. &V=0 :>=25@AVW  F5: 1) @V7=8FO <V6 =><V=0;L=>N B0 :>=A>;V4>20=>N 20@BVABN 0:FV9; 2) ?@81CB>:, >B@8<0=89 2 @57C;LB0BV @50;V70FVW 0:FV9 B8E 0:FV>=5@V2, O:V =5 28:>@8AB0;8 A2>WE ?5@5206=8E ?@02; 3) FV=0 0:FVW 2 @>7@0EC=:C ?@8 >1<V=V >1;V30FV9 =0 0:FVW; 4) @V7=8FO <V6 :>=25@B>20=>N B0 =><V=0;L=>N 20@BVABN 0:FV9. 4. 040G0. 1G8A;8B8 ?>B>G=C 20@BVABL >1;V30FVW 7 =C;L>28< :C?>=><, 20@BVABN 500 3@=. V B5@<V=>< ?>30H5==O 2 @>:8, O:I> ?@89=OB0 =>@<0 ?@81CB:C AB0=>28BL 6,5%. 0@V0=B 14 1. >@<0B82=5 @53C;N20==O 7<V=8 25;8G8=8 AB0BCB=>3> :0?VB0;C 0:FV>=5@=>3> B>20@8AB20. 2. >;L 45?>78B0@=>W A8AB5<8 2 :>@?>@0B82=><C @53C;N20==V. 3. "5AB>25 70240==O: "5AB 1. #?@02;V==O ?0A820<8 :>@?>@0FVW 2:;NG0T 4VW C B0:8E =0?@O<0E: 1) 287=0G5==O >?B8<0;L=>3> A?V22V4=>H5==O <V6 4>23>AB@>:>28<8 V :>@>B:>AB@>:>28<8 DV=0=A>28<8 @5AC@A0<8; 2) GVB:5 287=0G5==O =091V;LH 5D5:B82=8E ?0A82V2; 3) =040==O ?5@52038 28:>@8AB0==O :>@>B:>AB@>:>28E DV=0=A>28E @5AC@AV2 =04 >B@8<0==O< 4>23>AB@>:>28E ?>78:>28E :>HBV2; 4) 281V@ @VH5==O, O:V DV=0=A>2V @5AC@A8 1V;LH 283V4=V =0 40=89 G0A  :>@>B:>AB@>:>2V G8 4>23>AB@>:>2V; 5) AC2>@89 ?>4V; CAL>3> >1AO3C ?>78:>28E DV=0=A>28E @5AC@AV2 =0 4>23>AB@>:>2V B0 :>@>B:>AB@>:>2V. "5AB 2. 8:C? :>@?>@0B82=8E ?@02 C A0=0FV9=8E FV;OE 4>FV;L=> 74V9A=N20B8, O:I> & 1) 28:C? ?@>2>48BLAO 70 FV=>N, 28I>N 70 =><V=0;; 2) C ?V4?@8T<AB20 4C65 28A>:89 @V25=L :0?VB0;V70FVW; 3) 28:C? ?@>2>48BLAO 70 =><V=0;><; 4) 28:C? 74V9A=NTBLAO 70 FV=>N, =86G>N 70 =><V=0;L=C 20@BVABL; 5) 70 40=8<8 :>@?>@0B82=8<8 ?@020<8 ?V4?@8T<AB2> <>65 >B@8<0B8 28A>:V 482V45=48. 4. 040G0. 8?CI5=0 >1;V30FVO 7 =C;L>28< :C?>=><, 20@BVABN 600 3@=. V B5@<V=>< ?>30H5==O 4 @>:8. @89=OB0 =>@<0 ?@81CB:C ?> 40=V9 >1;V30FVW AB0=>28BL 8%. 1G8A;8B8 ?>B>G=C 20@BVABL >1;V30FVW, O:I> ?@>9H;> 2 @>:8 V 2V4A>B:>20 AB02:0 71V;LH8;0AL =0 4%. 0@V0=B 15 1. 5B>48G=89 V=AB@C<5=B0@V9 7<V=8 25;8G8=8 AB0BCB=>3> :0?VB0;C 0:FV>=5@=>3> B>20@8AB20. 2. =B8:@87>25 :>@?>@0B82=5 C?@02;V==O. 3. "5AB>25 70240==O: "5AB 1. > 465@5; D>@<C20==O 2;0A=8E DV=0=A>28E @5AC@AV2 :>@?>@0FVW =0;560BL: 1) 0<>@B870FVO; 2) B>@3>289 :@548B; 3) ?@81CB>:; 4) 7>2=VH=V9 0:FV>=5@=89 :0?VB0;; 5) 4>23>AB@>:>2V 7>1>2 O70==O; 6) :>@>B:>AB@>:>20 701>@3>20=VABL. "5AB 2. @5D5@5=FVW, O:V =040NBLAO 2;0A=8:0< ?@82V;59>20=8E 0:FV9, <>6CBL ?>;O30B8 C B0:><C: 1) >45@60==O ?52=8E ?5@5203 ?@8 @>7?>4V;V ?@81CB:C B0 28?;0BV 482V45=4V2; 2) 4>40B:>2V ?@020 ?@8 @>7<VI5==V =>28E 0:FV9; 3) 02B><0B8G=5 >1@0==O 4> =03;O4>2>W @048; 4) ?>25@=5==O 2=5A:V2 C AB0BCB=89 :0?VB0; 157 C@0EC20==O 70?5@5G5=L :@548B>@V2; 5) ?5@52038 ?@8 @>7?>4V;V ;V:2V40FV9=>W 28@CG:8. 4. 040G0. 8?CI5=V >1;V30FVW 7 B5@<V=>< ?>30H5==O 1 @V: B0 AC<>N 4> ?>30H5==O 1000 3@=. 1C;8 ?@>40=V DV=0=A>28< V=AB8BCB>< 0:FV>=5@=><C B>20@8AB2C C :V;L:>ABV 5000 HB. 70 FV=>N 850 3@=. 70 HBC:C. @>9H;> 170 4=V2 V B>20@8AB2> 28@VH8;> ?@>40B8 >1;V30FVW =0 2B>@8==><C @8=:C. >B>G=0 2V4A>B:>20 AB02:0 ?> 1>@3>28E V=AB@C<5=B0E B@820;VABN 1 @V: =0 <><5=B ?@>406C AB0=>28;0 25%. > O:V9 FV=V ?V4?@8T<AB2> <>65 ?@>40B8 FV >1;V30FVW, V O:89 4>EV4 2>=> <>65 >B@8<0B8? 0@V0=B 16 1. >;VB8:0 C?@02;V==O 5<VAVTN 0:FV9. 2. >45;V 287=0G5==O 20@B>ABV 2;0A=>3> :0?VB0;C :>@?>@0FVW. 3. "5AB>25 70240==O: "5AB 1. > 465@5; D>@<C20==O ?>78G5=8E DV=0=A>28E @5AC@AV2 :>@?>@0FVW =0;560BL: 1) 45@602=V :>HB8; 2) 4>23>AB@>:>20 701>@3>20=VABL; 3) 0<>@B870FVO; 4) B>@3>289 :@548B; 5) 4>23>AB@>:>2V 7>1>2 O70==O; 6) 2=CB@VH=V 2V;L=V @575@28; 7) :>@>B:>AB@>:>20 701>@3>20=VABL; 8) 7>2=VH=V9 0:FV>=5@=89 :0?VB0;. "5AB 2. 5@5206=5 ?@02> =0 ?@8410==O 0:FV9 (G0AB>:) 40T <>6;82VABL AB0@8< 2;0A=8:0< & 1) >B@8<0B8 4>40B:>2V 4>E>48 C @07V 71V;LH5==O AB0BCB=>3> :0?VB0;C; 2) 715@53B8 A2>N G0AB:C (C ?@>F5=B=><C A?V22V4=>H5==V) 2 AB0BCB=><C :0?VB0;V; 3) ?>?5@548B8 @>7<820==O 20@B>ABV A2>TW G0AB:8 2 AB0BCB=><C :0?VB0;V 2=0A;V4>: 5<VAVW 0:FV9 70 =87L:8< :C@A><; 4) 715@53B8 A2>N G0AB:C 3>;>AV2 =0 7030;L=8E 71>@0E 2;0A=8:V2; 5) ?@8410B8 =>2V 0:FVW 70 FV=>N, =86G>N 70 =><V=0;L=C 20@BVABL. 4. 040G0. 0 G0A 5<VAVW ?@82V;59>20=8E 0:FV9 :>6=89 V=25AB>@ 70?;0B82 200 3@=. 70 0:FVN, >B@8<02H8 =0 70<V=C 7>1>2 O70==O 5<VB5=B0 28?;0GC20B8 9><C I>@VG=> 25 3@=. =09B8 20@BVABL 0:FVW ?VA;O 42>E 482V45=4=8E 28?;0B, O:I> V=25AB>@ 28@VH82 ?@>40B8 0:FVW, 0 ?@81CB:>2VABL 0:FVW G5@57 420 @>:8 71V;LH8BLAO =0 0,5%. 0@V0=B 17 1. =0;V7 4>FV;L=>ABV 74V9A=5==O 4>40B:>2>W 5<VAVW 0:FV9. 2. 878: V AB@C:BC@0 :0?VB0;C :>@?>@0FVW. 3. "5AB>25 70240==O: "5AB 1. 5B>4 0=0;V7C @CEC 3@>H>28E :>HBV2, 70 4>?><>3>N O:>3> G8AB89 ?@81CB>: 01> 718B>: :>@83CTBLAO 7 C@0EC20==O< >?5@0FV9 =53@>H>2>3> E0@0:B5@C, 2V4AB@>G5=L, =0@0EC20=L <8=C;8E @>:V2, <091CB=VE =04E>465=L G8 ?;0B56V2 B>I> =07820TBLAO& 1) ?@O<89 <5B>4; 2) <5B>4 :>5DVFVT=BV2 V A?V22V4=>H5=L; 3) =5?@O<89 <5B>4; 4) <5B>4 :>@5;OFVW. "5AB 2. #?@02;V==O ?>@BD5;5<, =0FV;5=5 =0 AB2>@5==O 4>23>AB@>:>2>3> ?>@BD5;O FV==8E ?0?5@V2 7 287=0G5=8< @V2=5< @878:C B0 287=0G5=8< ?@81CB:><  F5: 1) ?0A82=5 C?@02;V==O; 2) 0:B82=5 C?@02;V==O; 3) AB@0B53VG=5 C?@02;V==O. 4. 040G0. @89=OB> @VH5==O ?@> @5>@30=V70FVN "  H;OE>< ?@8T4=0==O 4> " . !B0BCB=89 :0?VB0; "  AB0=>28BL 500 B8A. 3@=., 0 "  - 1300 B8A. 3@=. !?V22V4=>H5==O, 7 O:8< @>18BLAO >1<V= :>@?>@0B82=8E ?@02 ?@8 ?@8T4=0==V AB0=>28BL 3:2. /: 4>?;0B0 4> :>@?>@0B82=8E ?@02 "  28?;0GCT =0 :>@8ABL 0:FV>=5@V2 "  :><?5=A0FVN 2 @>7<V@V 2,5 3@=. 70 :>6=C 0:FVN =><V=0;L=>N 20@BVABN 50 3@=. >7@0EC20B8 AC<C 71V;LH5==O AB0BCB=>3> :0?VB0;C " . 0@V0=B 18 1. %0@0:B5@8AB8:0 728G09=8E 0:FV9, O: V=AB@C<5=BV2 70;CG5==O V=25AB8FV9 2 :>@?>@0B82=89 A5:B>@ 5:>=><V:8. 2. V03=>AB8:0 DV=0=A>2>3> 70157?5G5==O 4>23>AB@>:>2>W 4VO;L=>ABV :>@?>@0FV9. 3. "5AB>25 70240==O: "5AB 1. /:89 <5B>4 DV=0=A>2>3> 0=0;V7C 45B0;L=> @>7:@820T @CE 3@>H>28E :>HBV2 :>@?>@0FVW? 1) ?@O<89 <5B>4; 2) =5?@O<89 <5B>4; 3) <5B>4 D0:B>@=>3> 0=0;V7C; 4) <5B>4 :>5DVFVT=BV2; 5) 3@0DVG=89 <5B>4. "5AB 2. 09206;82VH8< V=AB@C<5=B>< >FV=:8 @878:C 7<V=8 2V4A>B:>28E AB02>: B0 9>3> =59B@0;V70FVW T: 1) @>7@0EC=>: ?>:07=8:0 4N@0FVW; 2) >?B8<V70FVO V=25AB8FV9=>3> ?>@BD5;O; 3) @53C;N20==O A:;04C ?>@BD5;O. 4. 040G0. " 5@0<V: 74V9A=NT @5>@30=V70FVN H;OE>< ?@8T4=0==O 4> " C4<0B5@V0;8. !?V22V4=>H5==O, 7 O:8< @>18BLAO >1<V= :>@?>@0B82=8E ?@02 ?@8 ?@8T4=0==V AB0=>28BL 3:2. /: 4>?;0B0 4> :>@?>@0B82=8E ?@02 " C4<0B5@V0;8 28?;0GCT =0 :>@8ABL 0:FV>=5@V2 " 5@0<V: :><?5=A0FVN 2 @>7<V@V 7 3@=. 70 :>6=C 0:FVN =><V=0;L=>N 20@BVABN 25 3@=. > @5>@30=V70FVW @>7<V@ 0:B82V2 " 5@0<V: AB0=>282 860 B8A. 3@=., @>7<V@ AB0BCB=>3> :0?VB0;C - 420 B8A. 3@=., 0 " C4<0B5@V0;8, 2V4?>2V4=>, - 3110 B8A. 3@=. B0 1200 B8A. 3@=. '><C 4>@V2=NT AC<0 :><?5=A0FV9=8E 28?;0B 0:FV>=5@0< " 5@0<V: V =0 O:C AC<C 71V;LH0BLAO 0:B828 " C4<0B5@V0;8? 0@V0=B 19 1. >728B>: B5>@V9 AB@C:BC@8 :0?VB0;C :>@?>@0FVW. 2. ;0A8DV:0FVO B0 :0B53>@VW FV==8E ?0?5@V2 3. "5AB>25 70240==O: "5AB 1. >5DVFVT=B 5D5:B82=>ABV 3@>H>2>3> ?>B>:C @>7@0E>2CTBLAO O:& 1) 2V4=>H5==O ?@81CB:C 4> G8AB>3> 3@>H>2>3> ?>B>:C; 2) 2V4=>H5==O ?>78B82=>3> 3@>H>2>3> ?>B>:C 4> =530B82=>3> 3@>H>2>3> ?>B>:C; 3) 2V4=>H5==O G8AB>3> 3@>H>2>3> ?>B>:C 4> =530B82=>3> 3@>H>2>3> ?>B>:C; 4) 4>1CB>: G8AB>3> ?@81CB:C B0 G8AB>3> 3@>H>2>3> ?>B>:C; 5) 2V4=>H5==O G8AB>3> 3@>H>2>3> ?>B>:C 4> G8AB>3> ?@81CB:C. "5AB 2. > >A=>2=8E DC=:FV9 FV==8E ?0?5@V2 <>6=0 2V4=5AB8 =0ABC?=V: 1) C?@02;V=AL:0; 2) 70157?5GC20;L=0; 3) <>1V;V70FV9=0; 4) @53C;OB>@=0; 5) 0:C<C;NNG0; 6) ?>78G0;L=0; 7) @>7@0EC=:>20; 8) 2V4?>2V40;L=0. 4. 040G0. V4?@8T<AB2> 70 >AB0==V9 @V: 28?;0B8;> ?> 482V45=40E =0 >4=C 0:FVN 0,50 3@=. @>BO3>< =091;86G8E 42>E @>:V2 B5<? @>ABC 482V45=4V2 A:;045 6%.  ?>A;V4CNG><C 482V45=48 7@>AB0B8<CBL 7 B5<?>< 4%. 5>1EV4=> >FV=8B8 @8=:>2C 20@BVABL FVTW 0:FVW, O:I> WW ?@81CB:>2VABL 7=0E>48BLAO =0 @V2=V 12%. 0@V0=B 20 1. >;VB8:0 :>@?>@0FVW I>4> AB@C:BC@8 :0?VB0;C. 2. >45;L :>=25@B>20=>W >1;V30FVW B0 <5B>4>;>3VO 74V9A=5==O :>=25@AVW. 3. "5AB>25 70240==O: "5AB 1. V@6>289 @8=>: DV=0=A>28E ?>A5@54=8:V2 @8=:C FV==8E ?0?5@V2 2:;NG0T: 1) :><5@FV9=V 10=:8; 2) @53V>=0;L=V D>=4>2V 1V@6V; 3) V=25AB8FV9=V D>=48 V :><?0=VW; 4) <V6=0@>4=V D>=4>2V 1V@6V; 5) #; 6) #$; 7) 4>2V@GV B>20@8AB20. "5AB 2. >45;L 48A:>=BC20==O 3@>H>2>3> ?>B>:C 28:>@8AB>2CTBLAO 4;O >FV=:8: 1) ?>EV4=8E FV==8E ?0?5@V2; 2) ?5@28==8E FV==8E ?0?5@V2; 3) 45@820B82V2. 4. 040G0. 0 7030;L=8E 71>@0E 0:FV>=5@V2 "  B0 "  1C;> ?@89=OB5 @VH5==O ?@> @5>@30=V70FVN ?V4?@8T<AB2 H;OE>< WE 7;8BBO B0 AB2>@5==O =>2>3> " . 8=:>289 :C@A 0:FV9 "  AB0=>28BL 180%, "  - 150%, 0 @>7<V@8 WE AB0BCB=8E :0?VB0;V2, 2V4?>2V4=>, 15 B8A. 3@=. B0 23 B8A. 3@=. >7@0EC20B8 @8=:>2C 20@BVABL ?V4?@8T<AB2, A?V22V4=>H5==O, 7 O:8< @>7?>4V;OB8<CBLAO 0:FVW =>2>W 5<VAVW <V6 2;0A=8:0<8 :>@?>@0B82=8E ?@02 @5>@30=V7>20=8E ?V4?@8T<AB2, B0 ?8B><C 203C 2;0A=8:V2 B>20@8AB2 C =>2>AB2>@5=><C ?V4?@8T<AB2V. 0@V0=B 21 1. >45;V 287=0G5==O 20@B>ABV ?>78:>2>3> :0?VB0;C :>@?>@0FVW. 2. >=25@B>20=V FV==V ?0?5@8. 3. "5AB>25 70240==O: "5AB 1. >701V@6>289 @8=>: DV=0=A>28E ?>A5@54=8:V2 @8=:C FV==8E ?0?5@V2 2:;NG0T: 1) :><5@FV9=V 10=:8; 2) B>@3>2FV FV==8<8 ?0?5@0<8; 3) @53V>=0;L=V D>=4>2V 1V@6V; 4) #; 5) V=25AB8FV9=V D>=48 V :><?0=VW; 6) 270T<=V D>=48; 7) 4>2V@GV B>20@8AB20; 8) :>=A0;B8=3>2V :><?0=VW. "5AB 2. $V=0=A>289 ;525@846  F5: 1) 2V4=>H5==O FV=8 2;0A=>3> :0?VB0;C :>@?>@0FVW 4> ?>78:>28E :>HBV2; 2) ?>:07=8:, O:89 E0@0:B5@87CT 28:>@8AB0==O ?>78G>: 01> ?@82V;59>20=8E 0:FV9 4;O D>@<C20==O D>=4V2 :>@?>@0FVW; 3) ?>:07=8:, I> E0@0:B5@87CT A?V22V4=>H5==O <V6 5D5:B82=VABN 28:>@8AB0==O 4>23>AB@>:>28E V :>@>B:>AB@>:>28E ?>78: DV=0=A>28E CAB0=>2; 4) ?>:07=8:, I> @>7@0E>2CTBLAO 2V4=>H5==O< FV=8 2;0A=>3> :0?VB0;C :>@?>@0FVW 4> @>7<V@C G8AB>3> ?@81CB:C, >B@8<0=>3> C 2V4?>2V4=><C 72VB=><C ?5@V>4V. 4. 040G0. VH5==O< 7030;L=8E 71>@V2 0:FV>=5@V2 " >;>:> B0 " 0A;O=0 :>@V2:0 ?@>2>48BLAO @5>@30=V70FVO ?V4?@8T<AB2 H;OE>< WE 7;8BBO V AB2>@5==O =>2>3> " 5@H:8 ACA?V;LAB20. 8=:>289 :C@A 0:FV9 " >;>:> AB0=>28BL 180%, " 0A;O=0 :>@V2:0 - 150%, 0 @>7<V@8 WE AB0BCB=8E :0?VB0;V2, 2V4?>2V4=>  150 B8A. 3@=. B0 230 B8A. 3@=. 0 CAB0=>2G8E 71>@0E 28@VH5=> AD>@<C20B8 AB0BCB=89 :0?VB0; " 5@H:8 ACA?V;LAB20 2 @>7<V@V 400 B8A. 3@=.; =><V=0;L=0 20@BVABL >4=VTW 0:FVW AB0=>28BL 50 3@=. >7@0EC20B8 :>5DVFVT=B8, 7 O:8<8 >1<V=N20B8<CBLAO AB0@V 0:FVW B>20@8AB2 =0 =>2V 0:FVW " 5@H:8 ACA?V;LAB20. 0@V0=B 22 1. 0@BVABL :0?VB0;C O: >4=0 7 =09206;82VH8E 7<V==8E 2 >FV=FV 4VO;L=>ABV :>@?>@0FVW. 2. ?;82 0:FV>=5@=8E B>20@8AB2 =0 A>FV0;L=>-5:>=><VG=8E @>728B>:. 3. "5AB>25 70240==O: "5AB 1. <VB5=B0<8 FV==8E ?0?5@V2 2 #:@0W=V <>6CBL 1CB8: 1) <VAF52V >@30=8 2;048; 2) N@848G=V >A>18 2AVE D>@< 2;0A=>ABV; 3) #; 4) V=DV=; 5) 45@6020; 6) A0<>@53C;V2=V >@30=V70FVW; 7) =5@57845=B8  N@848G=V >A>18. "5AB 2. 07>20 <>45;L >FV=:8 DV=0=A>28E 0:B82V2 V=0:H5 =07820TBLAO: 1) DCF  <>45;L; 2) <5B>4 48A:>=BC20==O Cash-flow; 3) <>45;L 0@:>28FO. 4. 040G0. FV=8B8 20@BVABL >1;V30FVW, 28?CI5=>W =0 B5@<V= 1 @V:, =><V=0;>< 200 3@=. 7 28?;0B>N 2AVTW AC<8 2V4A>B:V2 ?@8 ?>30H5==V 70 AB02:>N 36% 4> =><V=0;C, O:I> 4> ?>30H5==O 70;8H8;>AL 6 <VAOFV2 V AB02:0 ?@81CB:>2>ABV AB0=>28BL 60% @VG=8E. 0@V0=B 23 1. V4E>48 B0 <>45;V 287=0G5==O 20@B>ABV :0?VB0;C :>@?>@0FVW. 2. !B0= :>@?>@0B82=>3> A5:B>@C 2 @>728=CB8E :@0W=0E. 3. "5AB>25 70240==O: "5AB 1. @8:;04>< A0<>@53C;V2=>W >@30=V70FVW =0 D>=4>2><C @8=:C T: 1) >1 T4=0==O B>@3>2FV2 FV==8<8 ?0?5@0<8; 2) ?>701V@6>289 @8=>:; 3) ?@>D5AV9=0 0A>FV0FVO @5TAB@0B>@V2 V 45?>78B0@VW2; 4) >1 T4=0==O ?@54AB02=8:V2 :><5@FV9=8E 10=:V2; 5) 0A>FV0FVO 0C48B>@AL:8E :><?0=V9. "5AB 2. 0B5<0B8G=0 <>45;L >FV=:8 3@>H>2>W 20@B>ABV >1;V30FVW @C=BCTBLAO =0: 1) =0@>IC20==V 20@B>ABV >1;V30FVW B0 FV=8 ?@5<VW C 2V4?>2V4=>ABV 7 B5@<V=>< 28?CA:C; 2) 48A:>=BC20==V 3@>H>28E ?>B>:V2, O:V 28?;0GCNBLAO ?@>BO3>< 2AL>3> B5@<V=C 4> ?>30H5==O. 4. 040G0.  <5B>N @>7H8@5==O <>6;82>AB59 DV=0=AC20==O ?V4?@8T<AB20 ?@89=OB> @VH5==O ?@> ?5@5B2>@5==O " !V3<0 =0 " <530. #G0A=8:8 " 74V9A=NNBL >1<V= A2>WE G0AB>: =0 0:FVW 70 =><V=0;L=>N 20@BVABN. 0;0=A " !V3<0 ?5@54 @5>@30=V70FVTN <0T B0:89 283;O4, B8A. 3@=.: :B820A821. 5>1>@>B=V 0:B828 7000 2. 1>@>B=V 0:B828 38001. !B0BCB=89 :0?VB0; 4500 2. >40B:>289 :0?VB0; 400 3. 575@2=89 :0?VB0; 650 4. 5@>7?>4V;5=89 ?@81CB>: - 5. >1>2 O70==O 52500;0=A 108000;0=A 10000 4=>G0A=> 7 ?5@5B2>@5==O< ?@>2>48BLAO 71V;LH5==O ! =0 >A=>2V 4>40B:>2>W 5<VAVW 0:FV9 7030;L=>N =><V=0;L=>N 20@BVABN 1 <;=. 3@=. C@A 5<VAVW  130%. 48= 7 :@548B>@V2 28O282 1060==O B@0=AD>@<C20B8 701>@3>20=VABL ?5@54 =8< ?V4?@8T<AB20 C 2;0A=89 :0?VB0; 2 @>7<V@V 40% 0:FV9 4>40B:>2>W 5<VAVW. 5HBC 0:FV9 ?;0=CTBLAO @>7<VAB8B8 =0 @8:C :0?VB0;V2. 0:;04=V 28B@0B8, ?>2 O70=V 7 ?5@5B2>@5==O< B0 71V;LH5==O< !, AB0=>2;OBL 60 B8A. 3@=. !:;0AB8 10;0=A " <530. 0@V0=B 24 1. ?B8<V70FVO AB@C:BC@8 :0?VB0;C :>@?>@0FVW. 2. A>1;82>ABV D>@<C20==O :>@?>@0B82=>3> A5:B>@C 2 :@0W=0E 7 ?5@5EV4=>N 5:>=><V:>N. 3. "5AB>25 70240==O: "5AB 1. ;0A=89 :0?VB0; 0:FV>=5@=>3> B>20@8AB20 A:;040TBLAO 7: 1) AB0BCB=>3> :0?VB0;C; 2) =5>1>@>B=8E 0:B82V2 ?V4?@8T<AB20; 3) @575@2=>3> :0?VB0;C; 4) 4>40B:>2>3> :0?VB0;C; 5) G8AB>3> ?@81CB:C; 6) >A=>2=8E 70A>1V2, ?5@540=8E " =0 157>?;0B=V9 >A=>2V; 7) =5@>7?>4V;5=>3> ?@81CB:C; 8) >1;V30FV9, 5<VB>20=8E 0:FV>=5@=8< B>20@8AB2><. "5AB 2. A=>2=8<8 D>@<0<8 ?>78:>2>3> :0?VB0;C T: 1) 5<VB>20=V :>@?>@0FVTN >1;V30FVW; 2) >B@8<0=V 25:A5;V; 3) :0?VB0;, >B@8<0=89 =0 C<>20E ;V78=3C; %.: A?040, 2003.  688 A. 10. V@59F52 .. $V=0=A>289 <5=546<5=B.  .: &#, 2004.  531 A. 11. >;O: .. $8=0=A>2K9 <5=546<5=B 8 D8=0=AK. , 1995.  587A. 12. @> 3>A?>40@AL:V B>20@8AB20: 0:>= #:@0W=8 2V4 19 25@5A=O 1991 @>:C. / 1V@=8: 70:>=V2 #:@0W=8. ".1.  1991. 13. @> FV==V ?0?5@8 V D>=4>2C 1V@6C: 0:>= #:@0W=8 2V4 18 G5@2=O 1991 @>:C. 14. !CB>@<V=0 .., $54>@>2 .., O70=>20 .!. $V=0=A8 70@C1V6=8E :>@?>@0FV9: 02G. ?>AV1=8:.  .: 81V4L, 1993.  247 A. 15. "5@5I5=:> .. $V=0=A>20 4VO;L=VABL AC1 T:BV2 3>A?>40@N20==O.  ., 2003.  554 A. 16. @5E>2 !.. $0:B>@8=3: C?@02;5=85 :>@?>@0B82=K<8 D8=0=A0<8. .: !?CB=8:, 2001.  124 A. >@O4>: >FV=N20==O 7=0=L ABC45=BV2 V A;CE0GV2 0?@O<:8 :>=B@>;N0;80 70;V:0 VA?8B1. >B>G=89 :>=B@>;L1.1. FV=N20==O 7=0=L 70 @57C;LB0B0<8 ?>B>G=>3> :>=B@>;N ?> <>4C;OE 70 4-E 10;L=>N A8AB5<>N: 2 3 4 5 0 10 20 30 0 10 20 301.2. FV=N20==O 70240=L 4;O A0<>ABV9=>3> >?@0FN20==O (28:>=0==O :>=B@>;L=>W @>1>B8) 70 4-E 10;L=>N A8AB5<>N: 2 3 4 5 0 10 20 30 0 10 20 30 57C;LB0B8 ?>B>G=>3> :>=B@>;N60602. V4AC<:>289 :>=B@>;L2.1.8AL<>289 70;V: ( 2 70240==O): 1- B5AB>25 70240==O 2- ?@0:B8G=5 70240==O AL>3>: 10-20 5 15-252.2. 8AL<>289 VA?8B (2 70240==O ): 1- B5AB>25 70240==O 2 3 4 5 2- ?@0:B8G=5 70240==O AL>3>: 4> 15 16-20 21-25 26-30 0-10 15-40 07><:7515-100     PAGE  PAGE 2  HYPERLINK "http://globalteka.ru/" globalteka.ru - @0<>B=>5 8 :0G5AB25==>5 2K?>;=5=85 2A5E 284>2 =0CG=KE @01>B. !:84:8, >@838=0;L=>ABL, :>=B@>;L ?;0380B0, ?@O<>5 >1I5=85 A 02B>@><. [2548B5 B5:AB] z>TR(4 $$Ifa$gdW $h`ha$gdW$d^`a$gdW >ABN<8 - 170%, 0 @>7<V@8 WE AB0BCB=8E :0?VB0;V2, 2V4?>2V4=>  350 B8A. 3@=. B0 500 B8A. 3@=. 87=0G8B8 A?V22V4=>H5==O, 7 O:8< @>7?>4V;OB8<CBLAO 0:FVW =>2>W 5<VAVW <V6 2;0A=8:0<8 :>@?>@0B82=8E ?@02 @5>@30=V7>20=8E ?V4?@8T<AB2, B0 WE ?8B><C 203C C =>2>AB2>@5=><C ?V4?@8T<AB2V. 0@V0=B 26 1. A>1;82>ABV DC=:FV>=0;L=>3> ?@87=0G5==O FV==8E ?0?5@V2. 2. >=OBBO :>@?>@0B82=>W 2;0A=>ABV. 3. "5AB>25 70240==O: "5AB 1. !B0BCB=89 :0?VB0; 0:FV>=5@=>3> B>20@8AB20 D>@<CTBLAO& 1) H;OE>< 74V9A=5==O ?5@28==>W B0 4>40B:>28E 5<VAV9; 2) BV;L:8 70 @0EC=>: 28?CA:C V @>7<VI5==O 0:FV9; 3) 70 @0EC=>: 74V9A=5==O 2;0A=>W 5<VAVW 0:FV9 B0 >1;V30FV9; 4) 70 @0EC=>: <0B5@V0;L=8E V =5<0B5@V0;L=8E 2=5A:V2 CG0A=8:V2; 5) 70 @0EC=>: 28:>@8AB0==O 1N465B=8E :>HBV2, 284V;5=8E =0 40=V FV;V; 6) H;OE>< >B@8<0==O :@548BV2, ?@87=0G5=8E 4;O D>@<C20==O AB0BCB=>3> :0?VB0;C. "5AB 2. 07>25 @V2=O==O @8=:>2>W 20@B>ABV 728G09=8E 0:FV9 ?>;O30T 2 B><C, I>: 1) @>7@0E>2CTBLAO 482V45=4 7 ?>ABV9=> 7@>AB0NG8< B5<?><; 2) @8=:>20 20@BVABL 0:FVW 2?;820T =0 @>7<V@ 482V45=4=8E 28?;0B; 3) 4V9A=0 @8=:>20 20@BVABL 0:FVW  F5 ?>B>G=0 20@BVABL >GV:C20=8E C <091CB=L><C 482V45=4V2. 4. 040G0. >@?>@0FVO >B@8<CT :@548B 2 AC<V 400 B8A. 3@=. B5@<V=>< =0 5 @>:V2. ;0B56V 2 @0EC=>: ?>30H5==O :@548BC 2=>AOBLAO I>@VG=> @V2=8<8 2=5A:0<8 ?;NA 2V4A>B:8 70 AB02:>N 13,5%. !:;0AB8 3@0DV: ?>30H5==O :@548BC. 0@V0=B 27 1. %0@0:B5@8AB8:0 284V2 >1;V30FV9 B0 <5E0=V7<8 287=0G5==O @8=:>2>W 20@B>ABV :C?>==8E V 157:C?>==8E >1;V30FV9. 2. >40B:>20 ?>;VB8:0 2 :>@?>@0B82=><C A5:B>@V #:@0W=8. 3. "5AB>25 70240==O: "5AB 1. V=V<0;L=89 @>7<V@ AB0BCB=>3> :0?VB0;C 0:FV>=5@=>3> B>20@8AB20 AB0=>28BL: 1) 1250 <V=V<0;L=8E 70@>1VB=8E ?;0B; 2) 1250 =5>?>40B:>2C20=8E <V=V<C<V2; 3) 1050 <V=V<0;L=8E 70@>1VB=8E ?;0B; 4) 2500 =5>?>40B:>2C20=8E <V=V<C<V2; 5) 1200 T2@>. "5AB 2. >45;L >FV=:8 728G09=8E 0:FV9 ?5@5410G0T, I> =5A:V=G5==0 ?>A;V4>2=VABL 482V45=4V2 2 =5>3;O4=><C 3>@87>=BV: 1) 70<V=NTBLAO B5@<V=0;L=8< 7=0G5==O< "; 2) @>7@0E>2CTBLAO 7 C@0EC20==O< ?@81CB:>2>ABV 0=0;>3VG=8E DV=0=A>28E V=AB@C<5=BV2; 3) =0@>ICTBLAO <5B>4>< A:;04=8E 2V4A>B:V2. 4. 040G0. >7@0EC20B8 25;8G8=C 4N@0FVW, O:I> >1;V30FVO <0T =0ABC?=V ?>:07=8:8: !C<0 4> ?>30H5==O  4000, V4A>B:>20 AB02:0 >1;V30FVW  15,5% V;L:VABL ?5@V>48G=8E 28?;0B =0 @V:  1, >B>G=0 2V4A>B:>20 AB02:0  17% V;L:VABL @>:V2 4> ?>30H5==O  5. 0@V0=B 28 1. =0;V7 V >FV=:0 28:>@8AB0==O :>@?>@0FVTN 20@0=BV2 B0 :>=25@B>20=8E >1;V30FV9, O: 0;LB5@=0B82=8E 465@5; DV=0=AC20==O. 2. >;L V DC=:FVW 5@602=>W :><VAVW 7 FV==8E ?0?5@V2 B0 D>=4>2>3> @8=:C. 3. "5AB>25 70240==O: "5AB 1. >2=0 >?;0B0 2AVE FV==8E ?0?5@V2, O:V 1C;8 28?CI5=V :>@?>@0FVTN, T >4=VTN 7 C<>2 4;O& 1) >B@8<0==O 4>23>B5@<V=>28E :@548BV2; 2) 2B>@8==>3> 28?CA:C FV==8E ?0?5@V2; 3) 74V9A=5==O V=25AB8FV9=>W 4VO;L=>ABV; 4) 70;CG5==O DV=0=A>28E @5AC@AV2 H;OE>< 28?CA:C >1;V30FV9; 5) 71V;LH5==O AB0BCB=>3> :0?VB0;C H;OE>< 4>40B:>2>W 5<VAVW. "5AB 2. V4 <0@68=0;L=>N 20@BVABN :0?VB0;C @>7C<VNBL: 1) @V7=8FN <V6 =><V=0;L=>N B0 @8=:>2>N 20@BVABN :0?VB0;C; 2) 7<V=C 2 7030;L=V9 AC<V ?@81CB:C 2V4 V=25AB8FV9, =5>1EV4=C 4;O 704>2>;5==O 28<>3 V=25AB>@V2; 3) 7<V=C 2 7030;L=V9 20@B>ABV :0?VB0;C G5@57 71V;LH5==O (7<5=H5==O) FV=8 V=AB@C<5=BV2 DV=0=A>2>3> @8=:C. 4. 040G0. 1;V30FVO =><V=0;L=>W 20@B>ABV 1000 3@=. 28?CI5=0 =0 B5@<V= 1 @V:, 5<VAV9=0 C<>20 - 28?;0B0 2AVTW AC<8 2V4A>B:V2 ?@8 ?>30H5==V 70 AB02:>N 25% 4> =><V=0;C. =09B8 ?>B>G=C 20@BVABL >1;V30FVW, O:I> 4> ?>30H5==O 70;8H8;>AL 3 <VAOFV, 0 AB02:0 ?@81CB:>2>ABV ?> 0=0;>3VG=8E DV=0=A>28E V=AB@C<5=B0E AB0=>28BL 40% @VG=8E. 0@V0=B 29 1. A=>2=V =0?@O<8 45@602=>3> @53C;N20==O 0:FV>=5@=>3> :0?VB0;C. 2. 87=0G5==O ?@8@>48 0:FV>=5@=>3> :0?VB0;C ?@54AB02=8:0<8 :;0A8G=>W H:>;8. 3. "5AB>25 70240==O: "5AB 1. 5>?;0G5=89 :0?VB0;  F5& 1) AC<0 701>@3>20=>ABV :>@?>@0FVW ?5@54 2;0A=8:0<8; 2) G0AB8=0 =5A?;0G5=>3> 1>@3C :>@?>@0FVW 70 ?@8410=89 =5>1>@>B=89 :0?VB0;; 3) AC<0 701>@3>20=>ABV CG0A=8:V2 70 2=5A:0<8 4> AB0BCB=>3> :0?VB0;C; 4) G0AB8=0 701>@3>20=>ABV :>@?>@0FVW 70 >45@60=V V=25AB8FV9=V @5AC@A8, A?@O<>20=V =0 @>7H8@5==O 28@>1=8G8E ?>BC6=>AB59. "5AB 2. 0DV:A>20=5 1V@6>2>N C3>4>N ?@02> :C?C20B8 G8 ?@>4020B8 FV==V ?0?5@8 =0 ?52=8E C<>20E 70 DV:A>20=>N FV=>N =07820TBLAO: 1) >?FV>=; 2) 20@0=B; 3) D NG5@A. 4. 040G0. >@?>@0FVO >B@8<CT :@548B 2 AC<V 200 B8A. 3@=. B5@<V=>< =0 7 @>:V2. ;0B56V 2 @0EC=>: ?>30H5==O :@548BC 2=>AOBLAO I>@VG=> 2 AC<V 20 B8A. 3@=. ?;NA 2V4A>B:8 70 AB02:>N 14%. !:;0AB8 3@0DV: ?>30H5==O :@548BC ?5@V>48G=8<8 2=5A:0<8. 0@V0=B 30 1. 5AB@C:BC@870FVO 2 A8AB5<V 0=B8:@87>2>3> C?@02;V==O. 2. !CBL C?@02;V==O @CE>< 0:FV9. 3. "5AB>25 70240==O: "5AB 1. ;0A=89 :0?VB0; :>@?>@0FVW  F5 & 1) :0?VB0;, C <560E O:>3> 2;0A=8:8 ?V4?@8T<AB20 =5ACBL 2V4?>2V40;L=VABL ?5@54 9>3> :@548B>@0<8; 2) :0?VB0;, ?>4V;5=89 =0 G0AB:8 @V2=>W =><V=0;L=>W 20@B>ABV; 3) B5 A0<5, I> V AB0BCB=89 :0?VB0;; 4) ?V4AC<>: ?5@H>3> @>74V;C ?0A82C 10;0=AC; 5) :0?VB0;, >A=>2=8<8 A:;04>28<8 O:>3> T AB0BCB=89 :0?VB0;, 4>40B:>289 :0?VB0;, @575@2=V D>=48 B0 ?@81CB>:. "5AB 2. >45;L FV=>CB2>@5==O 28:>@8AB>2CTBLAO 4;O >FV=:8: 1) 45@820B82V2; 2) ?5@28==8E FV==8E ?0?5@V2; 3) >?FV>=V2. 4. 040G0. >7@0EC20B8 25;8G8=C 4N@0FVW, O:I> >1;V30FVO <0T =0ABC?=V ?>:07=8:8: !C<0 4> ?>30H5==O  3000, V4A>B:>20 AB02:0 >1;V30FVW  14% V;L:VABL ?5@V>48G=8E 28?;0B =0 @V:  2, >B>G=0 2V4A>B:>20 AB02:0  16% V;L:VABL @>:V2 4> ?>30H5==O  4.  !! !  " " "#  1. 5;>;8?5F:89 .. $8=0=AK D8@<K .: $ , 1998.  298 A. 2. ;0=: .. #?@02;5=85 D>@<8@>20=85< :0?8B0;0. .: 8:0-F5=B@, 2000.  512A. 3. >G0@>2 .. #?@02;5=85 45=56=K< >1>@>B>< ?@54?@8OB89 8 :>@?>@0F89.  .: $8=0=AK 8 AB0B8AB8:0, 2002  144 A. 4. @V3E5< . A=>28 DV=0=A>2>3> <5=546<5=BC.  .: >;>4L, 1997. 1000 A. 5. ;CI5=:> .., ;CI5=:> .. $8=0=AK, D8=0=A>20O ?>;8B8:0. 0@:5B8=3, <5=546<5=B.  ., 1998  416 A. 6. >=G0@>2 .. $V=0=A>289 <5=546<5=B. - %.: , 2003.  240 A. 7. 2BCH52AL:89 .. A=>28 :>@?>@0B82=>3> C?@02;V==O: 02G. ?>AV1=8:.  .: =0==O-@5A, 2002.  317 A. 8. 2BCH52AL:89 .. >@?>@0B82=5 C?@02;V==O: V4@CG=8:.  .: =0==O, 2006.  406 A. 9. 048E09;> .., V15=:> . ., 070@>20 .. >@?>@0B82=5 C?@02;V==O: 02G0;L=89 ?>AV1=8:.  %.: A?040, 2003.  688 A. 10. V@59F52 .. $V=0=A>289 <5=546<5=B.  .: &#, 2004.  531 A. 11. >;O: .. $8=0=A>2K9 <5=546<5=B 8 D8=0=AK. , 1995.  587A. 12. @> 3>A?>40@AL:V B>20@8AB20: 0:>= #:@0W=8 2V4 19 25@5A=O 1991 @>:C. / 1V@=8: 70:>=V2 #:@0W=8. ".1.  1991. 13. @> FV==V ?0?5@8 V D>=4>2C 1V@6C: 0:>= #:@0W=8 2V4 18 G5@2=O 1991 @>:C. 14. !CB>@<V=0 .., $54>@>2 .., O70=>20 .!. $V=0=A8 70@C1V6=8E :>@?>@0FV9: 02G. ?>AV1=8:.  .: 81V4L, 1993.  247 A. 15. "5@5I5=:> .. $V=0=A>20 4VO;L=VABL AC1 T:BV2 3>A?>40@N20==O.  ., 2003.  554 A. 16. @5E>2 !.. $0:B>@8=3: C?@02;5=85 :>@?>@0B82=K<8 D8=0=A0<8. .: !?CB=8:, 2001.  124 A. >@O4>: >FV=N20==O 7=0=L ABC45=BV2 V A;CE0GV2 0?@O<:8 :>=B@>;N0;80 70;V:0 VA?8B1. >B>G=89 :>=B@>;L1.1. FV=N20==O 7=0=L 70 @57C;LB0B0<8 ?>B>G=>3> :>=B@>;N ?> <>4C;OE 70 4-E 10;L=>N A8AB5<>N: 2 3 4 5 0 10 20 30 0 10 20 301.2. FV=N20==O 70240=L 4;O A0<>ABV9=>3> >?@0FN20==O (28:>=0==O :>=B@>;L=>W @>1>B8) 70 4-E 10;L=>N A8AB5<>N: 2 3 4 5 0 10 20 30 0 10 20 30 57C;LB0B8 ?>B>G=>3> :>=B@>;N60602. V4AC<:>289 :>=B@>;L2.1.8AL<>289 70;V: ( 2 70240==O): 1- B5AB>25 70240==O 2- ?@0:B8G=5 70240==O AL>3>: 10-20 5 15-252.2. 8AL<>289 VA?8B (2 70240==O ): 1- B5AB>25 70240==O 2 3 4 5 2- ?@0:B8G=5 70240==O AL>3>: 4> 15 16-20 21-25 26-30 0-10 15-40 07><:7515-100     PAGE  PAGE 2  HYPERLINK "http://globalteka.ru/" globalteka.ru - @0<>B=>5 8 :0G5AB25==>5 2K?>;=5=85 2A5E 284>2 =0CG=KE @01>B. !:84:8, >@838=0;L=>ABL, :>=B@>;L ?;0380B0, ?@O<>5 >1I5=85 A 02B>@><. [2548B5 B5:AB] z>TR(4 $$Ifa$gdW $h`ha$gdW$d^`a$gdW $da$gdW$ed`ea$gdW46z(~4 ~~~~~~~~ $$Ifa$gdWukdj*$$Ifl10x$x064 lal  f~~ $$Ifa$gdWukd*$$Iflx0x$x064 lall:zjWWWWK $h`ha$gdW$ed^`ea$gdW$h^`ha$gdW$^`a$gdWukd+$$Ifl|0x$x064 lal:N"$jtbd0<DvnԼ㝐㼁qbbhYhWCJaJmH"sH"hYhW>*CJaJmH"sH"h#hWCJaJmH"sH"hW5CJaJmH"sH"h]hW5CJaJmH"sH"h]hWCJaJmH"sH"hWCJaJmH sH h$QCJaJmH"sH"hAhWCJaJmH"sH"hWCJaJmH"sH"h7T2hW>*CJaJmH"sH" :2bdZDnx$ ^`a$gdW $`a$gdW`gdW$a$gdW $da$gdW $h`ha$gdWn`bֻʬ֝s֝dsUdhhWCJaJmH"sH"h4hWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH sH hJhWCJaJmH"sH"hahWCJaJmH sH hhWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"hW5CJaJmH"sH"h]hW5CJaJmH"sH"frHRH>vT2$a$gdW $`a$gdW $da$gdW $dha$gdW$hd`ha$gdW $h`ha$gdW$ ^`a$gdW<>BDNPRǸ帝ǬpdUI=hWCJaJmH"sH"hWCJaJmH sH hhWCJaJmH"sH"hWCJaJmH sH h]hWCJaJmH"sH"hM@hWCJaJmH"sH"hS:,hWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH"sH"hJhWCJaJmH"sH"hhWCJaJmH"sH"hMhWCJaJmH"sH"h4hWCJaJmH"sH"hWCJaJmH"sH"RTV\fhjlnprHZbdfhjrxz|~̘؉}q}bS؉hgjhWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH"sH"hWCJaJmH sH hJhWCJaJmH"sH"h yhWCJaJhWCJH*aJmH"sH"hS:,hWCJH*aJmH"sH"hWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"hWCJH*aJmH sH h4hWCJaJmH"sH"  "$ǻӠǑǠvgӻ[LhnhWCJaJmH"sH"hWCJaJmH"sH"hgjhWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH sH hJhWCJaJmH"sH"hMhWCJaJmH"sH"hWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"h4hWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"$&(*2<>@BDFHJLNPRbH\⽱ՅuuhXI=hWCJaJmH sH hJhWCJaJmH"sH"hi:hW>*CJaJmH"sH"hW>*CJaJmH"sH"hgjhWCJH*aJmH"sH"hWCJH*aJmH"sH"hS:,hWCJH*aJmH"sH"hnhWCJaJmH"sH"hWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"hWCJH*aJmH sH h4hWCJaJmH"sH"hnhWCJaJmH sH <>@BDFJLNP`bdpͣvgXvͣhMhWCJaJmH"sH"h?vhWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"h4hWCJaJmH"sH"hJhWCJaJmH"sH"hgjhWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"pt|~ ǻւvj]ւvjM]hS:,hWCJH*aJmH"sH"hWCJH*aJmH sH hWCJaJmH sH hWCJaJmH"sH"hWCJaJmH sH hgjhWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH sH hMhWCJaJmH"sH"h4hWCJaJmH"sH"hWCJaJmH"sH"hS:,hWCJaJmH"sH"(*.02<HJLT^jltvTfnɺՁqbbUFhJhWCJaJmH"sH"hWCJZaJmH"sH"h?vhWCJaJmH"sH"h?vhWCJH*aJmH"sH"hWCJaJmH"sH"h4hWCJaJmH"sH"hgjhWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH sH hWCJH*aJmH sH hgjhWCJH*aJmH"sH"hWCJH*aJmH"sH"ntv  2VX\^پقsdUU٠IshWCJaJmH sH hWShWCJaJmH"sH"hS:,hWCJaJmH"sH"hhWCJaJmH"sH"hJhWCJaJmH"sH"hhWCJaJmH"sH"hMhWCJaJmH"sH"h4hWCJaJmH"sH"hWCJaJmH sH h?vhWCJaJmH"sH"hWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH"sH"^bdnvxz~>PX^`ֹrcWHhMhWCJaJmH"sH"hWCJaJmH sH h?vhWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH"sH"hJhWCJaJmH"sH"h?vhWCJH*aJmH"sH"hWCJH*aJmH"sH"hS:,hWCJH*aJmH"sH"hWCJH*aJmH sH h4hWCJaJmH"sH"hWCJaJmH"sH"hgjhWCJaJmH"sH">2:X2z2&t $dha$gdW$a$gdW $da$gdWd^`gdW $`a$gdW $da$gdW$hd`ha$gdW$a$gdWBDHJNPZbdfjt|~ָ֚֩֩paaTaahWCJH*aJmH sH h4hWCJaJmH"sH"hgjhWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH sH hMhWCJaJmH"sH"hWShWCJaJmH"sH"hS:,hWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH"sH"hJhWCJaJmH"sH"hhWCJaJmH"sH"~268:<>@DFHPRTVXjtvxz|÷rcrTHhWCJaJmH"sH"hS:,hWCJaJmH"sH"hJhWCJaJmH"sH"hhWCJaJmH"sH"hMhWCJaJmH"sH"hWCJaJmH"sH"h4hWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"hnhWCJaJmH"sH"h?vhWCJH*aJmH"sH"hWCJH*aJmH"sH"hS:,hWCJH*aJmH"sH"|~.2TVZ`bxz|~ɹteYJetehMhWCJaJmH"sH"hWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"h4hWCJaJmH"sH"hWCJaJmH sH hJhWCJaJmH"sH"hWCJaJmH"sH"hdGhW>*CJaJmH"sH"hW>*CJaJmH"sH"h ThWCJaJmH"sH"hWCJH*aJmH"sH"hWCJH*aJmH sH   &(*02帬wjj^O^hJhWCJaJmH"sH"hWCJaJmH"sH"hWCJH*aJmH"sH"h^,&hWCJH*aJhWCJH*aJmH sH hS:,hWCJH*aJmH"sH"hWCJaJmH"sH"hWCJaJmH sH h4hWCJaJmH"sH"h IhWCJaJmH"sH"hM@hWCJaJmH"sH"hWCJaJmH"sH"hS:,hWCJaJmH"sH" &NXdfjlrtHjx|ǸǸǩNj{naaUUNjIhWCJaJmH sH h$QCJaJmH"sH"hWCJH*aJmH"sH"h$QCJH*aJmH"sH"hGhWCJH*aJmH"sH"h4hWCJaJmH"sH"h IhWCJaJmH"sH"hM@hWCJaJmH"sH"hS:,hWCJaJmH"sH"hWCJaJmH"sH"hJhWCJaJmH"sH"hhWCJaJmH"sH"hMhWCJaJmH"sH"tHz||DzPF   (  $`a$gdW $da$gdW$hd`ha$gdW$Ld^`La$gd$Q$d^`a$gd$Q$ed`ea$gdW$a$gdW ,6@B\r|~,:Z`Ǹ嬁tteUeIhWCJaJmH sH hb#hW>*CJaJmH"sH"hShWCJaJmH"sH"hWCJH*aJmH"sH"hGhWCJH*aJmH"sH"h$QCJaJmH"sH"hS:,hWCJaJmH"sH"hWCJaJmH"sH"hJhWCJaJmH"sH"hhWCJaJmH"sH"hMhWCJaJmH"sH"h4hWCJaJmH"sH"hWCJaJmH"sH"`fh  $&(*,0:<JLNPְֿֿ֒xixxxևhS:,hWCJaJmH"sH"hShWCJaJmH"sH"hgwhWmH"sH"h$zhWCJaJmH"sH"hJhWCJaJmH"sH"hShWCJaJmH"sH"hNhWCJaJhWCJaJmH sH hWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"$PRX\jlnprtvxǼǰǡǒviZKvhShWCJaJmH"sH"h$zhWCJaJmH"sH"hWCJH*aJmH"sH"hS:,hWCJH*aJmH"sH"hWCJaJmH"sH"h4hWCJaJmH"sH"hM@hWCJaJmH"sH"hWCJaJmH sH hgwhWmH"sH"hWCJaJmH"sH"hgwhWCJaJmH"sH"hgwhWCJaJmH"sH"hgwhWCJaJmH sH  :DFHJLNPRXŹŝsŹŝddUdhgwhWCJaJmH"sH"hNhWCJaJmH"sH"hgwhWCJH*aJmH"sH"hWCJH*aJmH"sH"hWCJH*aJmH sH hS:,hWCJH*aJmH"sH"hWCJaJmH"sH"hWCJaJmH sH h4hWCJaJmH"sH"hShWCJaJmH"sH"hWCJaJmH"sH"hShWCJH*aJmH"sH"FHJR" 2             ͺ٪ًٚpaRhhWCJaJmH"sH"hhWCJaJmH"sH"hRhWCJaJmH"sH"hWCJaJmH sH hRhWCJaJmH"sH"h[hW>*CJaJmH"sH"hb#hW>*CJaJmH"sH"hWCJaJhgwhWCJaJhWCJaJmH sH hWCJaJmH"sH"hWCJaJmH"sH"hgwhWCJaJmH sH ( z     v,"p,Rn $$Ifa$gdW $$Ifa$gdW $da$gdW$hd`ha$gdW $h`ha$gdW$a$gdW            46:<>HJL;sgXI=hWCJaJmH"sH"hNhWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH sH hM@hWCJaJmH"sH"hS:,hWCJaJmH"sH"hJhWCJaJmH"sH"hhWCJaJmH"sH"hMhWCJaJmH"sH"h4hWCJaJmH"sH"hWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"h$zhWCJaJmH"sH"LNPRX^`jlnprtv"$&(*.02ȹԔȈyj[ȹȭL[hMhWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"hRhWCJaJmH"sH"hWCJaJmH"sH"hWCJH*aJmH"sH"hWCJaJmH"sH"hWCJaJmH sH h$zhWCJaJmH"sH"hWCJaJmH"sH"hWCJH*aJmH sH hS:,hWCJH*aJmH"sH"h4hWCJaJmH"sH"24@BHJ^`BR嬝~q~dTEhUhWCJaJmH"sH"hHhWCJH*aJmH"sH"hWCJH*aJmH"sH"hWCJH*aJmH sH hS:,hWCJH*aJmH"sH"h4hWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH sH hM@hWCJaJmH"sH"hS:,hWCJaJmH"sH"h$zhWCJaJmH"sH"hWCJaJmH"sH"hJhWCJaJmH"sH"RjlnDFnp@Bjl>@B Pַ֞քthQhW>*CJaJmH"sH"hUhWCJaJh?YhWCJaJmH"sH"hWCJaJmH sH hWCJH*aJmH"sH"h?YhWCJH*aJmH"sH"hRhWCJaJmH"sH"hWCJaJmH"sH"hRhWmH"sH"hWmH"sH"hHhWmH"sH"-dXXXX $$Ifa$gdWkd,$$Ifl@\pD%p  064 la dXXXX $$Ifa$gdWkd,$$Ifl\pD%p  064 la  *6DdXXXX $$Ifa$gdWkdh-$$Ifl\pD%p  064 la DFJT`ndXXXX $$Ifa$gdWkd.$$Ifln\pD%p  064 la npt~dXXXX $$Ifa$gdWkd.$$Ifl'\pD%p  064 la dXXXX $$Ifa$gdWkdf/$$Ifl\pD%p  064 la dXXXX $$Ifa$gdWkd0$$Ifl\pD%p  064 la dXXXX $$Ifa$gdWkd0$$Ifl\pD%p  064 la &2@dXXXX $$Ifa$gdWkdd1$$Ifl\pD%p  064 la @BFP\jdXXXX $$Ifa$gdWkd2$$Ifl\pD%p  064 la jlr|dXXXX $$Ifa$gdWkd2$$Ifl\pD%p  064 la dXXXX $$Ifa$gdWkdb3$$Ifl\pD%p  064 la dXXXX $$Ifa$gdWkd 4$$Ifl\pD%p  064 la dXX $$Ifa$gdWkd4$$Ifl\\pD%p  064 la f(wwwk\\$hd`ha$gdW $h`ha$gdW $da$gdW$a$gdWukd`5$$Iflh0D% 064 la  PR(:BHLTVXnr Ǭ廠sg\h ThWmH"sH"hWCJaJmH"sH"hhWCJ aJ mH"sH"hS:,hWCJaJmH"sH"hMhWCJaJmH"sH"hWCJaJmH"sH"h4hWCJaJmH"sH"hWCJaJmH sH hOhWCJaJmH"sH"hJhWCJaJmH"sH"hWCJaJmH"sH"h ThWCJaJmH"sH"#"$&DFHJnpxz,.08:@ʵ٦ـpeVehq.hWCJaJmH"sH"hq.hWCJaJhOhWCJH*aJmH"sH"h ThWmH"sH"hWCJaJmH"sH"hhWCJ aJ mH"sH"h ThWCJaJmH"sH"(h ThWCJ OJQJ^JaJ mH"sH"hOhWCJaJmH"sH"hWCJaJmH"sH"hWCJaJmH sH hKhWCJaJmH"sH"!J2P\$ d  n!B#$z$$H% $`a$gdW$a$gdW $h`ha$gdW`gdW$hd`ha$gdW $da$gdWP^`\nv| ݰݡݒ݇݇ݒxl]݇NhS:,hWCJaJmH"sH"hMhWCJaJmH"sH"hWCJaJmH"sH"h4hWCJaJmH"sH"hhWCJaJhOhWCJaJmH"sH"hJhWCJaJmH"sH"hhW>*CJaJmH"sH"h3hW>*CJaJmH"sH"hW>*CJaJmH"sH"hWCJaJmH"sH"hq.hWCJaJhWCJaJmH sH $HLVXjnr   d f h   ·qaηRRhhWCJaJmH"sH"hOhWCJH*aJmH"sH" hhWCJ OJQJ^JaJ hKhWmH"sH"hWCJaJmH"sH"hhWCJ aJ mH"sH"hhWCJaJmH"sH"hhWCJaJhWCJaJmH sH hWCJaJhOhWCJaJmH"sH"hMhWCJaJmH"sH"hWCJaJmH"sH"  n!D#X#$@$B$D$F$J$P$V$X$\$n$p$x$z$|$~$$$$$$$$$ȹqeVhMhWCJaJmH"sH"hWCJaJmH"sH"h*?!hWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"h4hWCJaJmH"sH"hWCJaJmH sH h$zhWCJaJmH"sH"hJhWCJaJmH"sH"h*?!hW>*CJaJmH"sH"hW>*CJaJmH"sH"hWCJaJmH"sH"$$$$$%%%% % %%%6%8%@%F%H%P%R%%%%%%&&ǻǟsffVIVIVIVhW5CJaJmH"sH"h]hW5CJaJmH"sH"hWCJH*aJmH"sH"h$zhWCJH*aJmH"sH"h$zhWCJaJmH"sH"hWCJH*aJmH sH hS:,hWCJH*aJmH"sH"hWCJaJmH"sH"hWCJaJmH sH h4hWCJaJmH"sH"hM@hWCJaJmH"sH"hWCJaJmH"sH"hS:,hWCJaJmH"sH"H%%''.(((,**++,@--j.//0h01 $h^ha$gdW$ ^`a$gdW $`a$gdW$a$gdW $dha$gdW$hd`ha$gdW $h`ha$gdW&&<'V'''''''''''''''''''''''(ĵ妗列|p嵈aR|RChMhWCJaJmH"sH"h4hWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH"sH"hWCJaJmH sH h)hWCJaJmH"sH"hhWCJaJmH"sH"h)hWCJaJmH"sH"hJhWCJaJmH"sH"hlhWCJaJmH"sH""hddAhW6>*CJaJmH"sH"hWCJaJmH"sH"h: hWCJaJmH sH (((((((&(((.(P(b(d(f(j(l(n(x(z(|(~(((Ǹǚ֚paUF9hWCJH*aJmH sH hhWCJaJmH sH hWCJaJmH sH h)hWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH sH hMhWCJaJmH"sH"hbbhWCJaJmH"sH"hM@hWCJaJmH"sH"hS:,hWCJaJmH"sH"hWCJaJmH"sH"hhWCJaJmH"sH"h4hWCJaJmH"sH"((((((((())))++++++,,,,,,,,,,,,- -"-$-*-ɽɲɣՔɔɅՅɽvՅɽg[vhWCJaJmH sH h#hWCJaJmH"sH"hJhWCJaJmH"sH"h#hWCJaJmH"sH"htVhWCJaJmH"sH"hhWCJaJmH sH hhWCJaJhWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"h)hWCJH*aJmH"sH"h)hWCJaJmH"sH"#*-.-0-4-6-8-:-<->-@-F-H-J-L-P-j-l-r-z-----ǸpaRChbbhWCJaJmH"sH"hM@hWCJaJmH"sH"hMhWCJaJmH"sH"h4hWCJaJmH"sH"h: hWCJaJmH sH hWCJaJmH sH hYhWCJaJmH"sH"h#hWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"h)hWCJaJmH"sH"hJhWCJaJmH"sH"hWCJaJmH"sH"-----------... ...8.:.<.>.R.\.^.`.b.h.j./////X0Z0\01 1"161ĸss⸝hhhHahWCJaJhWCJH*aJmH sH h#hWCJH*aJmH"sH"hWCJH*aJmH"sH"hWCJaJmH sH h4hWCJaJmH"sH"hWCJaJmH"sH"h)hWCJaJmH"sH"hMhWCJaJmH"sH"hYhWCJaJmH"sH"hS:,hWCJaJmH"sH"&181H1x11$282j22306666777^888  ^` gdW  ^` gdW $`a$gdW$a$gdW$hdh`ha$gdW $da$gdW$hd`ha$gdW $h^ha$gdW6181B1D1F1H1R1T1V1`1d1p1r1v1x1111111110222426282B2D2F2R2V2b2d2h2ٻʬtetٻZhx&hWCJaJhhWCJaJmH"sH"hHahWCJaJhMhWCJaJmH"sH"hS:,hWCJaJmH"sH"hbbhWCJaJmH"sH"hM@hWCJaJmH"sH"h4hWCJaJmH"sH"hYhWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"hHahWCJaJmH"sH"#h2j222222223306D666666666666666666677 7777t8v8x8888 99999ֲֿ֢ʚ֒֒֒֒֒֒ʚֆʆֆhWCJaJmH"sH"hWCJaJhWCJaJh hW>*CJaJmH"sH"hW>*CJaJmH"sH"hYhWCJaJhWCJaJmH sH hWCJaJmH"sH"hMhWCJaJmH"sH"hS:,hWCJaJmH"sH"/8899,:x: ;$;;;b< >b>>??:ABtCCJDDD.E $dha$gdW $h`ha$gdW$hd`ha$gdW$dh`a$gdW $da$gdW99999999999 : :::::: :":$:&:(:*:,:.:0:2:4:ʾʾʔօvgXIh4hWCJaJmH"sH"h: hWCJaJmH sH h]hWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH sH h#hWCJaJmH"sH"hJhWCJaJmH"sH"hWCJaJmH"sH"hWCJaJmH sH h)hWCJaJmH"sH"hWCJaJmH"sH"h#hWCJaJmH"sH"4:8:R:T:Z:b:h:p:t:v:x:::::::::::::::: ;;;;;; ;";廬rbUbUhWCJH*aJmH sH h#hWCJH*aJmH"sH"hWCJH*aJmH"sH"h4hWCJaJmH"sH"h)hWCJaJmH"sH"hS:,hWCJaJmH"sH"hbbhWCJaJmH"sH"hM@hWCJaJmH"sH"h#hWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"hMhWCJaJmH"sH"!";$;\;;;;;;;8<D<X<Z<z<< >>$>&>.>0>4>6>8>:>H>L>N>R>T>V>Z>^>ufuWfWuhM:hWCJaJmH sH h)hWCJaJmH"sH"hhWCJaJmH"sH"h)hWCJaJmH"sH"hJhWCJaJmH"sH""hddAhW6>*CJaJmH"sH"hWCJH*aJmH"sH"hWCJaJmH sH hWCJaJmH sH hWCJaJmH"sH"hWCJaJmH"sH"h]hWCJaJmH"sH" ^>`>b>d>f>h>j>n>p>r>~>>>>>>>>>>>>>>>>>>>ʾ֠ւsdUhhWCJaJmH"sH"hbbhWCJaJmH"sH"hM@hWCJaJmH"sH"hS:,hWCJaJmH"sH"hhWCJaJmH"sH"h)hWCJaJmH"sH"hMhWCJaJmH"sH"hWCJaJmH sH hWCJaJmH sH hWCJaJmH"sH"h4hWCJaJmH"sH"hhWCJaJmH"sH">>>>>???BBtCCCCCCCCCCCCCCCC˻}n}׌_PAh4hWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"h HhWCJaJmH"sH"h hWCJaJmH"sH"hJhWCJaJmH"sH"h 8hW>*CJaJmH"sH"h$hW>*CJaJmH"sH"h)hWCJH*aJmH"sH"hWCJaJmH sH h)hWCJaJmH"sH"hWCJaJmH"sH"hWCJH*aJmH sH CCCCCCCCCCDDDDDD&D(D*D,D.D2DJDDDDDDDDDDDDٻٝsdUddh<[LhWCJaJmH sH hJhWCJaJmH"sH"hWCJaJmH sH hMhWCJaJmH"sH"hbbhWCJaJmH"sH"hM@hWCJaJmH"sH"hhWCJaJmH"sH"h)hWCJaJmH"sH"h4hWCJaJmH"sH"hWCJaJmH"sH"h hWCJaJmH"sH"hWCJaJmH sH !DDDDDDDDDDDEEEEEE&E(E,E.ERETEVEXEZE\ElEvEĵөpaR񩎝JhWCJaJhMhWCJaJmH"sH"hS:,hWCJaJmH"sH"hbbhWCJaJmH"sH"hM@hWCJaJmH"sH"h HhWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"h4hWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"hJhWCJaJmH"sH"h)hWCJaJmH"sH".ExEFF^G8HIII:JJlKZL^LLNNFOLQ$ ^`a$gdW$Lh^L`ha$gdW $`a$gdW $h`ha$gdW $dha$gdW$hd`ha$gdW $da$gdWvExEF6F:FF@FHFRFTFVFXFnFpFvF|FFFFFFFFFFFFpGvGxGGGGοο钡ڰ΃teV钡hhWCJaJmH"sH"hMhWCJaJmH"sH"hM@hWCJaJmH"sH"h4hWCJaJmH"sH"h&ghWCJaJmH"sH"h<[LhWCJaJmH"sH"h)hWCJaJmH"sH"h<[LhWCJaJmH sH hWCJaJmH sH hJhWCJaJmH"sH"hWCJaJmH"sH"hLhWCJaJ!GGGGGGGGGGGGGGGGGGGGGGGHHHHH&H(H,H2H4H8HIIIIIII幭幞ȭqh)hWCJaJmH"sH"hJhWCJaJmH"sH"hM@hWCJaJmH"sH"hLhWCJaJmH"sH"hWCJaJmH"sH"h<[LhWCJaJmH"sH"hWCJH*aJmH"sH"h&ghWCJH*aJmH"sH"h&ghWCJaJmH"sH"hWCJaJmH sH (IIIIIIIIIIIIIIIIJJJjKlKpKrKtKvKKKKKKǻǰǒteǻYǡǡhWCJaJmH sH hMhWCJaJmH"sH"hS:,hWCJaJmH"sH"hbbhWCJaJmH"sH"hM@hWCJaJmH"sH"h)hWCJaJmH"sH"hLhWCJaJhWCJaJmH sH hWCJaJmH"sH"h4hWCJaJmH"sH"hhWCJaJmH"sH"hhWCJaJmH"sH"KKKKKKKLL LLLL&L(L,L2L4L6LZL\L^LhLLLLFOOLQ\QTT֜o_Ph$Qh$QCJaJmH"sH"hZhW>*CJaJmH"sH"hohW6CJaJmH"sH"hhW5CJaJmH"sH"hW5CJaJmH"sH"hx 7hWCJaJmH"sH"hNhWCJaJmH"sH"hWCJH*aJmH"sH"h=hWCJaJmH"sH"hWCJaJmH"sH"h<[LhWCJaJmH"sH"h&ghWCJaJmH"sH"LQTTTU>UPUlUU $$Ifa$gdW$a$gd$Q$Lh^L`ha$gdWTT6W[B\D\\\\\(]*]r]t]]]]^^^``fbxbd4d6ddee6f8ffff`g|ggξݲݢݓݓ݇݇݇xihJhWCJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH sH hhWCJaJmH"sH"h/(hW>*CJaJmH"sH"h*CCJaJmH"sH"h !hW6CJaJmH"sH"hhWCJaJmH"sH"hWCJaJmH"sH"hn=hWmH"sH"h$QCJaJmH"sH"%UUUUUU>2222 $$Ifa$gdWkd5$$IflֈJR &J6064 lalUUUUUU2kd6$$IflֈJR &J6064 lal $$Ifa$gdWUVV$V2V4V2kdz7$$IflhֈJR &J6064 lal $$Ifa$gdW4V8VFVTVbVpV~V $$Ifa$gdW~VVVVVV>2222 $$Ifa$gdWkd@8$$IflKֈJR &J6064 lalVVVVVV2kd9$$IflYֈJR &J6064 lal $$Ifa$gdWVVVW WW2kd9$$IfllֈJR &J6064 lal $$Ifa$gdWWWW"W0W2W4W $$Ifa$gdW4W6WX[>..$Lh^L`ha$gdWkd:$$Ifl[ֈJR &J6064 lal[[[[[\B\ $$Ifa$gdWB\D\H\X\f\t\>2222 $$Ifa$gdWkdX;$$IflֈJR &J6064 lalt\\\\\\2kd<$$IflֈJR &J6064 lal $$Ifa$gdW\\\\\\2kd<$$IflhֈJR &J6064 lal $$Ifa$gdW\\\\ ]](] $$Ifa$gdW(]*].]<]J]V]>2222 $$Ifa$gdWkd=$$IflKֈJR &J6064 lalV]d]r]t]x]]2kdp>$$IflYֈJR &J6064 lal $$Ifa$gdW]]]]]]2kd6?$$IfllֈJR &J6064 lal $$Ifa$gdW]]]]]]] $$Ifa$gdW]]^fbde>....$Lh^L`ha$gdWkd?$$Ifl[ֈJR &J6064 lale`gghhiij"j4jPj|j $$Ifa$gdW$a$gdW $dha$gdW$hd`ha$gdW$Lh^L`ha$gdW gggggggggggggggggg&h,h.h:hBhDhFhHhJhXh`hbhdhfhhֻʬ֝֎pp`SppShWCJH*aJmH"sH"h&ghWCJH*aJmH"sH"h&ghWCJaJmH"sH"hhWCJaJmH"sH"hMhWCJaJmH"sH"hM@hWCJaJmH"sH"h4hWCJaJmH"sH"hJhWCJaJmH"sH"hWCJaJmH sH hWCJaJmH"sH"h<[LhWCJaJmH"sH"h)hWCJaJmH"sH" hhhhhhhh0i:iii|j~jjj k"krktkkkllllnlllmm0m2mmmmmmɹ֭֝֒֒֒֒֒֒֒֒֒օxxf"hthW56CJaJmH"sH"hW5CJaJmH"sH"h*C5CJaJmH"sH"hn=hWmH"sH"hhWCJH*aJmH"sH"hWCJaJmH sH h&ghWCJH*aJmH"sH"hWCJH*aJmH"sH"hWCJaJmH"sH"h<[LhWCJaJmH"sH"h&ghWCJaJmH"sH"$|j~jjjjj>2222 $$Ifa$gdWkd@$$IflֈJR &J6064 laljjjjjj2kdA$$IflֈJR &J6064 lal $$Ifa$gdWjjkk k"k2kdNB$$IflֈJR &J6064 lal $$Ifa$gdW"k&k6kDkRkbkrk $$Ifa$gdWrktkxkkkk>2222 $$Ifa$gdWkdC$$IflֈJR &J6064 lalkkkkkk2kdC$$IflֈJR &J6064 lal $$Ifa$gdWkkklll2kdD$$IflֈJR &J6064 lal $$Ifa$gdWll.l>lLl\lll $$Ifa$gdWllnlrllll>2222 $$Ifa$gdWkdfE$$IflֈJR &J6064 lalllllll2kd,F$$IflֈJR &J6064 lal $$Ifa$gdWlllmmm2kdF$$IflֈJR &J6064 lal $$Ifa$gdWm m mm,m.m0m $$Ifa$gdW0m2mmmm>111 $h@&`ha$gdWkdG$$IflgֈJR &J6064 lalmm^nnnoopqr>st^t(uNvZvfv $$Ifa$gdW $h`ha$gdW hh`hgdW hgdW $h@&`ha$gdW $h^ha$gdW$a$gdWmmmnnnoqqqr(u*mH"sH"hx 7hW>*hx 7hWCJaJhWCJaJhthWmH"sH"hWCJaJmH"sH"hpLhWmH"sH"hpLhW6mH"sH"hpLhW5mH"sH"hpLhW>*mH"sH""hthW56CJaJmH"sH"hthWCJaJmH"sH"*fvhvvvZww xfxx:y~~~~~~~~ $$Ifa$gdWtkd~H$$Ifl10Lx$,0644 la :y*mH"sH""h7hW56CJaJmH"sH"hWCJaJmH"sH"h7hWCJaJmH"sH"hpLhW>*mH"sH"hpLhWmH"sH"h,hWCJaJmH"sH"hpLhW6mH"sH"hW6mH"sH""24HFHpʐvБ hh^hgdW h^`gdW hgdW $h@&`ha$gdW $h^ha$gdW$a$gdW $e`ea$gdW & F hh`hgdW & F hh`hgdWБh\Wtkd7J$$Ifl10Lx$,0644 la $$Ifa$gdW $h`ha$gdW h`hgdW hh^hgdW(>bЗҗ,~tkdJ$$Ifl]0Lx$,0644 la $$Ifa$gdW V*Vvii`SSS hh^hgdW hgdW $h@&`ha$gdW $h^ha$gdW$a$gdWtkd]K$$Ifl|0Lx$,0644 la 468:xʥ̥֥إڥܥz R2D,:<Ҭ^ln²ֲŹzkkh:hWCJaJmH"sH"hWmH"sH"hx 7hWCJaJhthWCJaJhthWCJaJmH"sH""hthW56CJaJmH"sH"hWCJaJmH"sH"h7hWCJaJmH"sH"hpLhW6mH"sH"hpLhWmH"sH"hpLhW>*mH"sH"hx 7hW>**xJ.̥zަ & F hgdW $h@&`ha$gdW $h^ha$gdW$a$gdW $h`ha$gdW h`hgdW hgdW hh^hgdWަ Rا8H2F,ҬnV$ h  \^ `\a$gdW $ ha$gdW $h@&`ha$gdW $h^ha$gdW$a$gdW $h`ha$gdWh`hgdW hgdW & F hgdW^$X²Thȵ8b h^`gdW $h@&`ha$gdW $h^ha$gdW$a$gdW $h`ha$gdW h`hgdW hh^hgdW hgdW$ h  \^ `\a$gdWֲTfȵҵԵֵ8>bhrƹTfTVξԾ>Dhn$,(2ǿǓǓǓ hx 7hWhW>*CJaJmH"sH"hpLhWmH"sH" hpLhWhpLhW6mH"sH"hpLhW6>*mH"sH"hx 7hW>*hpLhW>*mH"sH"h:hWCJaJmH"sH""h:hW56CJaJmH"sH"hWCJaJmH"sH"1br4jThļVξ>h& $h@&`ha$gdW $h^ha$gdW$a$gdW $e`ea$gdW hgdW h^`gdW&ln..v(<pt  h^`gdW hgdW $h@&`ha$gdW $h^ha$gdW$a$gdW $e`ea$gdW hh^hgdW2468:<Bpvt*@(^nxܳܳ܃tܳhQhWCJaJmH"sH""hQhW56CJaJmH"sH""h:hW56CJaJmH"sH"hWCJaJmH"sH"h:hWCJaJmH"sH" hx 7hW hpLhWhpLhW6mH"sH"hpLhWmH"sH"hpLhW>*mH"sH"hx 7hW>*mH"sH"- 2*<|TV  hgdW $h@&`ha$gdW $h^ha$gdW$a$gdW $h`ha$gdW hh^hgdW,d>^8Bx hh^hgdW hgdW$ & F ha$gd $ ha$gdW $h@&`ha$gdW $h^ha$gdW $h^ha$gdW $h`ha$gdWx.Bx, ~8N $h`ha$gdW h`hgdW hh^hgdW hgdW$ h^`a$gdW $ ha$gdW $h@&`ha$gdW $h^ha$gdW$a$gdWvx 8L$x|bZ\HJ^ȼȼȼȭȼȼȭȼȼȇȇȇȭ{ȏh*CCJaJmH"sH"h*CmH"sH""hhW56CJaJmH"sH"hWCJaJmH"sH"hhWCJaJmH"sH"hpLhW6mH"sH"hpLhWmH"sH"hpLhW>*mH"sH""h:hW56CJaJmH"sH"h:hWCJaJmH"sH"0p$XDxD~~~~ hh^hgdW hgdW$ hh`ha$gdW$ hHh`ha$gdW$ hHH ^H` a$gdW$ hh`ha$gdW $ ha$gdW $h@&`ha$gdW $h^ha$gdW h~$bbT hh^hgdW hgdW$ h^`a$gdW $ ha$gdW $h@&`ha$gdW $h^ha$gdW$a$gdW $h`ha$gdW hh`hgdWTJJ`$NVv\L hgdW$ h^`a$gdW $ ha$gdW $h@&`ha$gdW $h^ha$gdW$a$gdW $h`ha$gdW hh^hgdW^"$N\^JPdj x z  & < hvx&ȼȼȼȼȡȼȼzȼhWmH"sH""hT?hW56CJaJmH"sH"hW>*CJaJmH"sH"hT?hWCJaJmH"sH"hWCJaJmH"sH"hpLhW6mH"sH"hpLhWmH"sH"hpLhW>*mH"sH""hhW56CJaJmH"sH"hhWCJaJmH"sH"0LpRPR B j   hgdW$ h^`a$gdW $ ha$gdW $h@&`ha$gdW $h^ha$gdW$a$gdW $h`ha$gdW h`hgdW   & F>h>d hgdW$ h^`a$gdW $ ha$gdW $h@&`ha$gdW $h^ha$gdW$a$gdW$^`a$gdW $h`ha$gdW hh^hgdWLv((*,N$ h^`a$gdW $ ha$gdW $h@&`ha$gdW $h^ha$gdW$a$gdW$L^L`a$gdW hgdW hh^hgdW,<R  !!!!!\"##$$$$$&&(()))d*+++(,B.D.//0044 666z6777@8F8L8R888μڼڰΜμڰΜμڰ hpLhWhpLhWmH sH h*CmH"sH"h*CCJaJmH"sH"hWmH"sH"hpLhW>*mH"sH""hT?hW56CJaJmH"sH"hWCJaJmH"sH"hT?hWCJaJmH"sH"hpLhW6mH"sH"hpLhWmH"sH"3Nv<   !!!\"""#@#P#`#$ h^`a$gdW $ ha$gdW $h@&`ha$gdW $h^ha$gdW$a$gdW $h`ha$gdW hh^hgdW`##$$\$$$&((^)))f*** $ ha$gdW $h@&`ha$gdW $h^ha$gdW$a$gdW $`a$gdW $h`ha$gdW$L^L`a$gdW hh^hgdW hgdW$ h^`a$gdW*++\++++(,,-./344Z55 6 $h@&`ha$gdW $h^ha$gdW$a$gdW $`a$gdW $h`ha$gdW hh^hgdW hgdW$ h^`a$gdW 6|666 7"7:7v77@8b888::H;;;b< $h@&`ha$gdW$a$gdW$a$gdW $h^ha$gdW hh^hgdW hgdW$ h^`a$gdW $ ha$gdW888888:::;;;`<=>>>??@@B4B6B~DDTEVEGGH||mmbZbZbZNh*CCJaJmH"sH"hWCJaJhzhWmH"sH"hzhWCJaJmH"sH"hpLhW6mH"sH"hpLhW>*mH"sH"hT?hWCJaJmH"sH""hT?hW56CJaJmH"sH"hyEhWmH"sH"hWCJaJmH"sH"hyEhWCJaJmH"sH"hWmH"sH"hpLhWmH"sH"hpLhWmH sH  hpLhWb<<<N===>*mH"sH"hT?hWCJaJmH"sH""hT?hW56CJaJmH"sH"(IrIJDJJJccddereefZhphPii $h^ha$gdW$a$gdW$L^L`a$gdW hh`hgdW h^`gdW h]gdW$ hh`ha$gdW$ h^`a$gdWffXhZhnhiiijkkklnnno pqqqtrPt^t`ttvvvFyHy^yzzz;sdYshyEhWmH"sH"hyEhWCJaJmH"sH""hFhW56CJaJmH"sH"hFhWCJaJmH"sH" hx 7hWhpLhW6mH"sH"hpLhWmH"sH"hpLhW>*mH"sH"hzhWCJaJmH"sH""hzhW56CJaJmH"sH"hW>*CJaJmH"sH"hWCJaJmH"sH"hWmH"sH""iijj"klkkkl mmnnn"otooo$a$gdW $h`ha$gdW h`hgdW hh^hgdW hgdW$ h^`a$gdW $ ha$gdW $h@&`ha$gdWoppqqxrrsbssPtt0uuvHy^yyxz $h^ha$gdW$a$gdW h`hgdW hgdW$ h^`a$gdW $ ha$gdW $h@&`ha$gdW$a$gdWxzzzN{{n|^}\~r~~~~Dn $@&a$gdW$L^L`a$gdW hh^hgdW hgdW$ hh`ha$gdW$ h^`a$gdW $ ha$gdW $h@&`ha$gdWzz^}l}n}\~~|~n|~v\^tNRTVƇ̇>@FLñ蛢ÓvgWgh/FhW5CJaJmH"sH"h/FhWCJaJmH"sH"hW5CJaJmH"sH"hthW5CJaJmH"sH"hWmH"sH" hx 7hWhFhWCJaJmH"sH""hFhW56CJaJmH"sH"hW>*CJaJmH"sH"hWCJaJmH"sH"hpLhW>*mH"sH"hpLhWmH"sH"hpLhW6mH"sH"Fv D^2vȆLPRTV $`a$gdW$L^L`a$gdW$a$gdW $h`ha$gdW hh^hgdW hgdW h`hgdWVƇ@Ήd6‹@4D&f " hgdW$hd`ha$gdWh^hgdW $h`ha$gdWh`hgdW $h`ha$gdW $h@&`ha$gdWLZf|ʈt|ʉ̉Ήԉ\^bdj 46‹24<ƎBDɺqh4d<hWCJaJmH"sH"h 6ghWCJaJmH"sH"hy$hW5CJaJh&0jhWCJaJmH"sH" hWCJhWCJmH"sH"hEhWCJaJmH"sH"hEhWCJh,[ hWCJaJmH"sH"hWCJaJmH"sH"hWCJaJh4"hWCJaJ,DFHJLԏ֏ĐȐXdfn >VdBwjwjZNh) CJaJmH"sH"hfh) 6CJaJmH"sH"hf6CJaJmH"sH"hh) 6CJaJmH"sH"hF1%CJaJmH"sH"h 6ghWCJaJmH"sH"hWCJaJhy$hW5CJaJhihW5CJaJhihWCJaJmH"sH"h`6hWCJaJmH"sH"hW5CJaJhWCJaJmH"sH"hihWCJaJ"$&(*,.02468:<>“̓ $$Ifa$gd0$a$gd)  hgdW̓ΓГss $$Ifa$gd0 $Ifgd0vkdM$$Ifl404D%`4064 lal ui $$Ifa$gd0kd]N$$Ifl4YF4<D% 406    4 lal "ܔ||||||| $$Ifa$gd0 $$Ifa$gd: $Ifgd0bkdN$$IflUD%D%064 lalB $ ,<@BHƖ 46prtz~—Зԗܸ֗ؗ܌܌܌܀ܨppph3%h6CJaJmH"sH"h3%CJaJmH"sH"h:CJaJmH"sH"h3%h:6CJaJmH"sH"h3%h) 6CJaJmH"sH"hF1%CJaJmH"sH"hSqCJaJmH"sH"h])CJaJmH"sH"h) CJaJmH"sH"h-CJaJmH"sH"h:CJaJmH"sH"+  $&kb $Ifgd0kdsO$$IfluF4<D%406    4 lal $$Ifa$gd0   &,.026<BH $$Ifa$gd0HJwnbb $$Ifa$gd0 $Ifgd0kdP$$IflYF4<D%406    4 lalĖwk $$Ifa$gd0kdP$$IflhF4<D%406    4 lalĖƖ 4brt $$Ifa$gd0 $Ifgd0bkdQ$$IflyD%D%064 lal ܗ N^`bwneYYYeYYY $$Ifa$gd0 $Ifgd $Ifgd0kdQ$$Ifl+F4<D%406    4 lal ؗڗܗ N\^hlnxzʘΘИҘؘ֘ܘޘ ־ʾ־ʲwhp0JmHnHuhhY hhY0JjhhY0JUh~Bjh~BUhG1h-CJaJmH"sH"h3%CJaJmH"sH"hCJaJmH"sH"h) CJaJmH"sH"hCJaJmH"sH"h3%h) 6CJaJmH"sH"h3%6CJaJmH"sH".bnz̘kkd+R$$Ifl F4<D%406    4 lal $$Ifa$gd0 ̘ΘИԘ֘ژܘwuuuuuuuuui &`#$gdWkdR$$IflF4<D%406    4 lal $a$gdy &`#$gdWh]hgdW *.6<PRV\^`tvz|ܴ룖뇃{whG1h~BhyhhYhjhyB*CJ aJ phh~why0JCJ aJ h~why0JCJ aJ mH sH .jGShyB* CJ UaJ mH phpsH hyB* CJ aJ mH phpsH h~whyB* CJ aJ php(jhyB* CJ UaJ mH phpsH 21h:py. A!"6#n$% $$If !vh#v #v #v :V l065 5 5 4a $$If !vh#v #v #v :V ld065 5 5 4a $$If !vh#v #v #v :V l065 5 5 4a $$If !vh#v #v #v :V l>065 5 5 4a $$If !vh#v #v #v :V l065 5 5 4a $$If !vh#v #v #v :V ld065 5 5 4a $$If !vh#v #v #v :V l065 5 5 4a $$If !vh#v #v #v :V l>065 5 5 4a $$Ifl!vh#v4#v:V l406+5454al$$Ifl!vh#v4#v:V l4Y06+5454al~$$Ifl!vh#vD%:V lU065D%4al$$Ifl!vh#v4#v:V lu065454al$$Ifl!vh#v4#v:V lY065454al$$Ifl!vh#v4#v:V lh065454al~$$Ifl!vh#vD%:V ly065D%4al$$Ifl!vh#v4#v:V l+065454al$$Ifl!vh#v4#v:V l 065454al$$Ifl!vh#v4#v:V l065454al$$If!vh#v$ #v:V l406+5$ 54a$$If!v h#v$ #v #v :V l4;06+5$ 5 5 4a@kd $$Ifl4; h \ ,l< !#& $ 06,,,,4 la$$If!v h#v$ #v #v :V lY065$ 5 5 4a=kd $$IflY h \ ,l< !#&$ 06,,,,4 la$$If!v h#v$ #v #v :V lh065$ 5 5 4a=kd$$Iflh h \ ,l< !#&$ 06,,,,4 la$$If!v h#v$ #v #v :V lJ065$ 5 5 4a=kd$$IflJ h \ ,l< !#&$ 06,,,,4 la$$If!v h#v$ #v #v :V lh065$ 5 5 4a=kdm$$Iflh h \ ,l< !#&$ 06,,,,4 la$$If!v h#v$ #v #v :V lY065$ 5 5 4a=kdH$$IflY h \ ,l< !#&$ 06,,,,4 la$$If!v h#v$ #v #v :V lh065$ 5 5 4a=kd#$$Iflh h \ ,l< !#&$ 06,,,,4 la$$If!v h#v$ #v #v :V lY065$ 5 5 4a=kd$$IflY h \ ,l< !#&$ 06,,,,4 la$$If!v h#v$ #v #v :V lY065$ 5 5 4a=kd!$$IflY h \ ,l< !#&$ 06,,,,4 la$$If!v h#v$ #v #v :V lY065$ 5 5 4a=kd$$$IflY h \ ,l< !#&$ 06,,,,4 la$$If!v h#v$ #v #v :V l065$ 5 5 4a=kd'$$Ifl h \ ,l< !#&$ 06,,,,4 la$$Ifl!vh#vx#v:V l1065x54al$$Ifl!vh#vx#v:V lx065x54al$$Ifl!vh#vx#v:V l|065x54al$$If !vh#v#vp#v #v :V l@0655p5 5 4a $$If !vh#v#vp#v #v :V l0655p5 5 4a $$If !vh#v#vp#v #v :V l0655p5 5 4a $$If !vh#v#vp#v #v :V ln0655p5 5 4a $$If !vh#v#vp#v #v :V l'0655p5 5 4a $$If !vh#v#vp#v #v :V l0655p5 5 4a $$If !vh#v#vp#v #v :V l0655p5 5 4a $$If !vh#v#vp#v #v :V l0655p5 5 4a $$If !vh#v#vp#v #v :V l0655p5 5 4a $$If !vh#v#vp#v #v :V l0655p5 5 4a $$If !vh#v#vp#v #v :V l0655p5 5 4a $$If !vh#v#vp#v #v :V l0655p5 5 4a $$If !vh#v#vp#v #v :V l0655p5 5 4a $$If !vh#v#vp#v #v :V l\0655p5 5 4a $$If !vh#v#v :V lh0655 4a $$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V lh065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V lK065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V lY065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V ll065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l[065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V lh065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V lK065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V lY065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V ll065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l[065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V l065J5556554al$$Ifl!vh#vJ#v#v#v6#v#v:V lg065J5556554al$$If!vh#v,#v:V l1065,5/ a$$If!vh#v,#v:V l^065,5/ a$$If!vh#v,#v:V l|065,5/ a$$If!vh#v,#v:V l1065,5/ a$$If!vh#v,#v:V l]065,5/ a$$If!vh#v,#v:V l|065,5/ a$$If!vh#v#v:V lh 6`<0$655/ $$If!vh#v#v:V l 6`<0$655/ $$If!vh#v#v:V l 6`<0$655/ $$Ifl!vh#v4#v:V l406+5454al$$Ifl!vh#v4#v:V l4Y06+5454al~$$Ifl!vh#vD%:V lU065D%4al$$Ifl!vh#v4#v:V lu065454al$$Ifl!vh#v4#v:V lY065454al$$Ifl!vh#v4#v:V lh065454al~$$Ifl!vh#vD%:V ly065D%4al$$Ifl!vh#v4#v:V l+065454al$$Ifl!vh#v4#v:V l 065454al$$Ifl!vh#v4#v:V l065454alDyK yK Dhttp://globalteka.ru/yX;H,]ą'c^ 002 0@P`p2( 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p8XV~_HmHnHsHtHB`B W1KG=K9CJ_HaJmHsHtHBA`B A=>2=>9 H@8DB 0170F0Xi@X 1KG=0O B01;8F04 l4a .k . 5B A?8A:0 L@L W05@E=89 :>;>=B8BC;  E$VOV WA=>2=>9 B5:AB.A=>2=>9 B5:AB =0: =0: =0:.A=>2=>9 B5:AB =0: =0: =0: =0: =0: =0:.A=>2=>9 B5:AB =0: =0: =0: =0: =0: =0: =0: =0:dh5CJ$aJmH"sH"4)@4 W><5@ AB@0=8FKJ @"J y86=89 :>;>=B8BC;  E$Lo1L y86=89 :>;>=B8BC; =0:CJaJNoAN y05@E=89 :>;>=B8BC; =0:CJaJJ@RJ y "5:AB 2K=>A:8CJOJQJ^JaJPoaP y"5:AB 2K=>A:8 =0:CJOJQJ^JaJ:U`q: y0 8?5@AAK;:0 >*B*phPK![Content_Types].xmlN0EH-J@%ǎǢ|ș$زULTB l,3;rØJB+$G]7O٭VCWNIA!ޝ}7/݉%BR7Hw9!p<Ǥፉ.EB\ /T*Y>,cy'$gC."Vso+C1OǓt}8>V3mBb%DWs'O''Gw ~lh;UM!DzŬ;C K^ysJJ1KRμ)~.ک/ Y\n9?[]67)qnpJOF$ w;fCLL&׸m%]V%z-{ v8Ҩm-.xo(-ms~ۜ|s>Ͼ%O04h=یщ!eƌ\f :C*OiIA 64HpUa7 UO3 d:(fA@٣>N"Hhp&hA38 )SUUR'V5&HM.6xpyn,ބ!h^^Z4~0#w,,& g"Ic힍Q)˕C6%^+Hk!$A*#.D)irdq8Y^}q~C>Np%uJx?+al|zf[Ux5b>c!:M (MkIVEpYPҍN2$ÿ -.h۴"P6T{T 6]u̒VhVnR+n;)ȔbL X6Y`+qB]( 0H1$6_[s)k8Tm Aa?R d ڒɾ0{eRF& Ī't\{BHuM6`pGϽO+!XoN'^[crh2*tW<{1U+l_QSncX<)Q(wJH ٯ#zCm>nhf6t}M&ʺ6ײ'\gkNS:;\qN-S;kǺ"{DailL`̗/޿ ^o#I&%0]SPV!] PK! ѐ'theme/theme/_rels/themeManager.xml.relsM 0wooӺ&݈Э5 6?$Q ,.aic21h:qm@RN;d`o7gK(M&$R(.1r'JЊT8V"AȻHu}|$b{P8g/]QAsم(#L[PK-![Content_Types].xmlPK-!֧6 0_rels/.relsPK-!kytheme/theme/themeManager.xmlPK-!^}-theme/theme/theme1.xmlPK-! ѐ' theme/theme/_rels/themeManager.xml.relsPK] "  1H=Uk2PZzz$27;2@KBTL^fn}(Ƞ :nR$pn^~|`P L2RP $&((*--61h294:";^>>CDvEGIKTghm^4ֲ2^8HfzLDBؗ "&(*-/13579;=?ETZ\^RTVWXYZ[\]^`abcdfghijlmno n:2;><<<0?KUakbvҀtDPx"p(:%-,4&8?hGfOZailwԁ~&ތ 2||Xp><ءXF4 :t( Dn@jH%18.ELQUUU4V~VVVW4W[B\t\\\(]V]]]]e|jjj"krkkklllllm0mmfv:yz}Бަb& xTL N`#* 6b<4B~DTEIZNY|aioxzV"̓ HĖb̘     !#$%')+,.02468:<>@ABCDFGHIJKLMNOPQRSUVWXY[]NOPQSU_ekpqrstuvwxyz{|}~  "GU!!X8@0(  B S  ? _Hlt310206484!@"HHHHI@KL9*urn:schemas-microsoft-com:office:smarttagsplace ,( --4.@.????AAlDsDDDEEUI^I`IeIgIrIKKbbggh'h$ ",ƘО՞_eovɺACmtr _ ` n o $ % l m   OQ2>stMN  """"------00001111"4$4@@OZJTYc ǪЪjxP\bijoT[_efqNZ $ms$%'$%TUjlABFZx(c  EF67wx^_L M  ! & ( e f V W NQUVWXZ[UV%&VW 34=>UWkmruZ[Z[ TU[\  #$YZ  !!>!?!_!`!!!!!!!3"4"W"X"p"q"""""@#A#w#x###1$2$$$$$%%[%\%%%&&^&_&&&&&&&&&!'"'s't'''''/(0(y(z((()),)-))))) * *Q*R*******A+B+y+z+++++.,/,g,h,,,,,--5-6-e-f-~------..S.T.......0/1/O/P/////////0010q0r00011D1E1p1q1111122L2M2s2t2222233637333334 4]4^44445u5v555556686z6{6666666770717v7w777 8!8Q8R8u8v8888899D9E9999999::5:6:o:p:::::::;;k;l;;;;; <<h<i<<<<<&='=`=a=~======>>T>U>>>>>>>L?M??????? @ @e@g@@@@@AA9A:AeAfAAAAABBYBZBBBBBBBCC>C?C[C\CrCsCCCCCCC D DWDXDtDuDDDDD5E7E_E`EEEEEFF1F2FJFKFjFkFFFFFGG2G3GGGGG;HZZZZZ[[J[K[[[\\E\F\\\\\\\\\]]]]]]]]^^^^Y^Z^^^^^`_a___%`&`t`u`````````````HaIaXaYavawaaaaaaaaaaa b bbbcc*c+c:c;cKcLcccccccccccddHdIdydzdddee=e>ewexeeeeeeeff+f,f0f1f5f6fIfJfffffffffffgggg*g+gBgCg|g}ggggggggggggghhIhJhphqhhhhhhhiiDiEiYiZi{i|iiiiiiiiij j7j8jwjxjjjjjjj.k/kokpkkk l lJlKl|l}lllll m!mbmcmmmnn"n#nDnEnfngnnnnnnnoo:o;o_o`ooooooo$p%plpmppp#q$qNqOqqqqqrr0r1rrrrrRsSsssss>t?tttuuZu[uuuvvBvCvcvdvwwww3x4xsxtxxxxxxx:y;yWyXy{y|yyy;z? *+AMTUZ[noyz CDUVZ]efnptu}%&-/45<?bc~78BDmnabef DG[\cdhiklnoqrvwyz~  )53\J  ! LLN'OOOZPPR'SSS]TTU:UU$VV!WWW;X`XXX[K[\\]]u``Ia bbLccdeJffCg}ggghJhhhiEiii8jxjjjjnnn`ooorrCvdvtxx;y|y{||| }9}j}}}}~~w} Y_v|Kۅ]؇B(d΋!x͕;pۖKؗDȘIɝAמWp1VFl1U8XLͨrjª&\٭pŮ'M̳E9׺a?Du&?GK 8:;X= CdEIIJ}KXXSZZaad||xۯY9{j4tj^tf/o@`~bt M>_"a?bʩ|D 4ڳJ {]I0Z8QH1Z2il:bHzdV ZT{}]-@L7b(@ D5`a9Mͮb찠^;\D4~w!D($FJO$Kd(JW($)*,S.g*] n+=oD-X;b-r-@-`LV,/d;{/8;d;1^H&2`>0,2 _2xv"-2\3\ZP4fH,T5b75\E64Kf7lՂF=&8AE$L;I@z<3xr=& o6=_F?HbzA4JFx0B^s3y8Ceu|X D 4DzPKE}BYH&owJ6Ҳ'K>D`L>?P@%Ql(-;"RLMp[IR&)R %QS(?R2VTj;Z"[ u[hZ\, _`a `&G |aB_gMbN]bTBl,c&WQedF;b_Pft}Pf"wriZA0D j2p[mLOEmDEoX{De;Np_Np )vu,uv -x5 Oz4SH{2]c},R^G^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.hh^h`o()88^8`o() L^`LhH.   ^ `hH.   ^ `hH. xLx^x`LhH. HH^H`hH. ^`hH. L^`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH. \ ^ `\o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.H H^H` o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o(.0^`0o(..X0X^X`0o(...  ^ `o(.... HH^H`o( ..... t`t^t``o( ...... ^`o(....... dd^d`o(........ ^`o(.........^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH. ^`hH) ^`hH. pp^p`hH. @ @ ^@ `hH. ^`hH. ^`hH. ^`hH. ^`hH. PP^P`hH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^`o() ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.^>_}]-zAD5f7V,/]bIR;d;1F?&2E67b9M0,2xr=_NpH{l,cb2V-;"REo$L;O$z< jF=&8~brib-&)R.g*&owJYH[mI0bQH|X Dy8C{/;Zn+;\f75Kd(@`gMb -xD |aKE u[D`L,T5DoD-($%Q) _J 6=?bdV @-)vu`e;NpW(,uv%QS\3Emx0BZ\Qed2i Oz _2-2w!_Pf4D'K/},ZP4?P 50Ѭ0R$00^^brZ(RԔ[>ZW=543` ])-{#AM$F1%L%x 7*H@~B*CDJD$QRAQThY hWmSq8u :x0NSP:Ipy(B3%35-z) le0ZG1f 0{'.W@Xaj*,UnknownG*Ax Times New Roman5Symbol3. *Cx Arial3. @Tunga5. .[`)TahomaA$BCambria Math"qhzfakF=]F=]n4 3qHX?W2]!xx #V=VAB5@AB2> >A2VB8 V =0C:8 #:@0W=8user025;^                           ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? @ A B C D E F G H I J K L M N O P Q R S T U V W X Y Z [ \ ] Oh+'0  8 D P \hpx$̳ userNormal4Microsoft Office Word@@>^@4U@zU7=F՜.+,D՜.+,X hp  PNTU] $̳   8@ _PID_HLINKSAdhttp://globalteka.ru/  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./013456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~Root Entry FJX7Data S1Table2eWordDocument4SummaryInformation(DocumentSummaryInformation8CompObjr  F Microsoft Word 97-2003 MSWordDocWord.Document.89q