ࡱ> y/bjbj4{{бRR8D[ D##@###%%%$6ݛii&%%i&i&ݛ##4FCeCeCei&##Cei&CeCeד7#Pm/G7,W,\0hchX7h7l%>Q%,Ce}%$%%%%ݛݛd%%%i&i&i&i&h%%%%%%%%%R? :&, . ' / #   / ! #  ',-"' ! / !!" " "  "'% /", 7 =02G0;L=>W 48AF8?;V=8  &82V;L=5 ?@02> #:@0W=8. '0AB8=0 1 (2V4?>2V4=> 4> 28<>3 !TS) 4;O ABC45=BV2 7V A?5FV0;L=>ABV 7.060100 @02>7=02AB2> =0?@O<:C ?V43>B>2:8 0603 @02> C@A  , A5<5AB@  3,4 0B25@465=> =0 A?V;L=><C 70AV40==V :0D54@ F82V;L=>3> ?@020 ! 1 B0 ! 2 (?@>B>:>; ! 13 2V4 11 B@02=O 2007 @.) 02V4C20G :0D54@8 ! 1 >@8A>20 .. 02V4C20G :0D54@8 ! 2 /@>FL:89 .. %0@:V2-2007 !" ABC? ................................................................................................ 3 030;L=89 @>7@0EC=>: 3>48= ;5:FV9, ?@0:B8G=8E 70=OBL, A0<>ABV9=>W @>1>B8 ......................................................................... 5 @>3@0<0 =02G0;L=>W 48AF8?;V=8 .................................................. 7 0240==O 4> ?@0:B8G=8E 70=OBL B0 A0<>ABV9=>W @>1>B8.............. 19 !;>2=8: >A=>2=8E B5@<V=V2 .......................................................... 87 >B>G=89 <>4C;L=89 :>=B@>;L 7=0=L ABC45=BV2 ........................ 91 =482V4C0;L=0 @>1>B0 ABC45=BV2 ................................................... 95 @>3@0<=V 70?8B0==O 7 =02G0;L=>W 48AF8?;V=8........................... 96 @8B5@VW >FV=:8 CA?VH=>ABV ABC45=BV2 7 =02G0;L=>W 48AF8?;V=8 ..................................................................................... 99 !?8A>: @5:><5=4>20=>W ;VB5@0BC@8............................................. 101 1. ABC? &82V;L=5 ?@02> #:@0W=8 T >4=VTN 7 DC=40<5=B0;L=8E =02G0;L=8E 48AF8?;V=. W 282G5==O A?@8OT CA2V4><;5==N <091CB=V<8 D0EV2FO<8 7=0G5==O =>@< ?@020, O:V @53C;NNBL >A>18ABV =5<09=>2V B0 <09=>2V 2V4=>A8=8 (F82V;L=V 2V4=>A8=8) <V6 DV78G=8<8 B0 N@848G=8<8 >A>10<8, 0 B0:>6 V=H8<8 WE CG0A=8:0<8: 45@602>N #:@0W=8,  , B5@8B>@V0;L=8<8 3@><040<8, V=>75<=8<8 45@6020<8 B0 V=H8<8 AC1 T:B0<8 ?C1;VG=>3> ?@020, 7@>AB0NG>W @>;V F82V;L=>3> 70:>=>402AB20 2 C<>20E @8=:>2>W 5:>=><V:8. 0240==O< =02G0;L=>W 48AF8?;V=8 T: >?0=C20==O ABC45=B0<8 =5>1EV4=8<8 B5>@5B8G=8<8 ?>;>65==O<8, I> 28@>1;5=V F82V;VAB8G=>N 4C<:>N; >A2>T==O =>@<0B82=>3> <0B5@V0;C, 70:@V?;5=>3> A8AB5<>N F82V;L=>3> 70:>=>402AB20 #:@0W=8; >7=09><;5==O 7 AC4>2>N B0 V=H>N ?@0:B8:>N 70AB>AC20==O =>@< F82V;L=>3> 70:>=>402AB20. 02G0;L=0 48AF8?;V=0 &82V;L=5 ?@02> #:@0W=8. '0AB8=0 1 ?5@5410G0T 282G5==O ?8B0=L ?@> ?@54<5B V <5B>4 F82V;L=>3> ?@020, 9>3> A8AB5<C V 465@5;0; 7030;L=8E ?>;>65=L F82V;L=>3> ?@020, 7>:@5<0 ?>;>65=L ?@> F82V;L=V ?@02>2V4=>A8=8, DV78G=8E V N@848G=8E >AV1 B0 V=H8E CG0A=8:V2 F82V;L=8E 2V4=>A8=, >1 T:B8 F82V;L=8E ?@02, ?@02>G8=8, 2V4=>A8=8 ?@54AB02=8FB20, AB@>:8 B0 B5@<V=8, 74V9A=5==O B0 70E8AB F82V;L=8E ?@02, 28:>=0==O F82V;L=8E >1>2 O7:V2, F82V;L=>-?@02>2C 2V4?>2V40;L=VABL, 0 B0:>6 70A2>T==O ?>;>65=L B0:8E ?V430;C759 O: @5G>25 ?@02>, ?@02> V=B5;5:BC0;L=>W 2;0A=>ABV, A?04:>25 ?@02>. ?0=C20==O ABC45=B0<8 28I5=02545=8<8 ?8B0==O<8 ?>28==> <0B8 70 <5BC 70A2>T==O >A=>2=8E ?@02>28E :0B53>@V9 V V=AB8BCBV2 ?5@H>W G0AB8=8 F82V;L=>3> ?@020, D>@<C20==O ?@02>2>3> <8A;5==O, 28@>1;5==O 2<V=L B;C<0G8B8 V 0=0;V7C20B8 =>@<8 F82V;L=>3> 70:>=>402AB20, =01CBBO =028G>: ?@0:B8G=>3> 70AB>AC20==O B5>@5B8G=8E 7=0=L B0 F82V;L=>-?@02>28E =>@< 4> :>=:@5B=8E 2V4=>A8=. @8 282G5==V F82V;L=>3> ?@020 #:@0W=8 70AB>A>2CNBLAO =0ABC?=V D>@<8 =02G0;L=>W @>1>B8: ;5:FVW, ?@0:B8G=V 70=OBBO, :>;>:2VC<8, 4V;>2V V3@8, :>=AC;LB0FVW; V=482V4C0;L=V =02G0;L=>-4>A;V4=V 70240==O; A0<>ABV9=0 @>1>B0 ABC45=BV2. &V D>@<8 =02G0;L=>W @>1>B8 <5B>48G=> 70157?5GCNBLAO ?@>3@0<>N =02G0;L=>W 48AF8?;V=8 &82V;L=5 ?@02> #:@0W=8, 70240==O<8 4> ?@0:B8G=8E 70=OBL 4;O ABC45=BV2 II :C@AC, 70240==O<8 4;O V=482V4C0;L=>W @>1>B8 ABC45=BV2, B5AB0<8. FV=N20==O 7=0=L ABC45=BV2 7 =02G0;L=>W 48AF8?;V=8 &82V;L=5 ?@02> #:@0W=8 74V9A=NTBLAO =0 >A=>2V @57C;LB0BV2 ?>B>G=>3> <>4C;L=>3> :>=B@>;N () V ?V4AC<:>2>3> :>=B@>;N 7=0=L (). V4AC<:>2>N D>@<>N :>=B@>;N 7=0=L ABC45=BV2 T VA?8B, O:89 <0T =0 <5BV ?5@52V@8B8 @V25=L 70A2>T==O B5>@5B8G=8E 7=0=L, 2<V==O 70AB>A>2C20B8 FV 7=0==O ?@8 28@VH5==V :>=:@5B=8E ?@0:B8G=8E 7040G.  @57C;LB0BV 282G5==O =02G0;L=>W 48AF8?;V=8 &82V;L=5 ?@02> #:@0W=8. '0AB8=0 1 ABC45=B8 ?>28==V: 7=0B8 AB0= >A=>2=8E ?@>1;5< =0C:8 F82V;L=>3> ?@020; 2V;L=> >@VT=BC20B8AO 2 A8AB5<V F82V;L=>3> 70:>=>402AB20 B0 AC4>2V9 ?@0:B8FV 7 F82V;L=8E A?@020E; 2<VB8 ?@028;L=> B;C<0G8B8 B0 70AB>A>2C20B8 =>@<8 F82V;L=>3> ?@020; 3@0<>B=> ?@>2>48B8 N@848G=89 0=0;V7 >1AB028=, I> A:;0;8AO C :>=:@5B=8E 2V4=>A8=0E; A0<>ABV9=> ?@0FN20B8 7 CG1>28<8 B0 =0C:>28<8 465@5;0<8; 28:>@8AB>2C20B8 74>1CB:8 =0C:8 F82V;L=>3> ?@020 4;O 28@VH5==O :07CAV2, >1@C=B>20=> V <>B82>20=> ?@89<0B8 @VH5==O ?> 70240==OE B0 =0;56=> WE >D>@<;N20B8. 2. 030;L=89 @>7@0EC=>: 3>48= ;5:FV9, ?@0:B8G=8E 70=OBL, A0<>ABV9=>W @>1>B8 "5<0AL>3> 3>48=# B><C G8A;V5:FVW@0:B8G=V 70=OBBO!0<>ABV9=0 @>1>B0"5<01. &82V;L=5 ?@02> - 30;C7L ?@820B=>3> ?@02062 2 2"5<02. &82V;L=5 ?@02> O: =0C:0 B0 =02G0;L=89 :C@A2--2"5<03. 65@5;0 F82V;L=>3> ?@020 6222"5<04. 030;L=0 E0@0:B5@8AB8:0 F82V;L=>3> ?@020 70@C1V6=8E :@0W=2--2"5<0 5. >=OBBO, 7<VAB B0 2848 F82V;L=8E ?@02>2V4=>A8=42-2"5<06. $V78G=0 >A>10 O: AC1 T:B F82V;L=8E ?@02>2V4=>A8=1266-"5<07. .@848G=0 >A>10 O: AC1 T:B F82V;L=8E ?@02>2V4=>A8=16862"5<08. #G0ABL 45@6028 #:@0W=0, 2B>=><=>W 5A?C1;V:8 @8<, B5@8B>@V0;L=8E 3@><04 C F82V;L=8E 2V4=>A8=0E2--2"5<0 9. 1 T:B8 F82V;L=8E ?@02 12642"5<0 10. @02>G8=8 14662"5<0 11. @54AB02=8FB2> 6222"5<0 12. 4V9A=5==O F82V;L=8E ?@02 V 28:>=0==O F82V;L=8E >1>2 O7:V2. 0E8AB F82V;L=8E ?@02 8242"5<0 13. &82V;L=>-?@02>20 2V4?>2V40;L=VABL8242"5<0 14. !B@>:8 B0 B5@<V=8. >7>2=0 402=VABL 12462"5<0 15. A>18ABV =5<09=>2V ?@020 B0 WE 70E8AB 4-22"5<0 16. @02> 2;0A=>ABV B0 V=HV @5G>2V ?@020 10442"5<0 17. :@5<V >1 T:B8 ?@020 2;0A=>ABV 42-2"5<0 18. @02> A?V;L=>W 2;0A=>ABV 10442"5<0 19. 5G>2V ?@020 =0 GC65 <09=> 2--2"5<0 20. 0E8AB ?@020 2;0A=>ABV B0 V=H8E @5G>28E ?@026222"5<0 21. 030;L=V ?>;>65==O ?@> A?04:C20==O 12462"5<0 22. !?04:C20==O 70 70?>2VB>< 6222"5<0 23. !?04:C20==O 70 70:>=>< "5<0 24. !?04:>289 4>3>2V@ 4 2 - 2 "5<0 25. 030;L=V ?>;>65==O ?@> V=B5;5:BC0;L=C 2;0A=VABL 42-2"5<0 26. 2B>@AL:5 ?@02> B0 AC<V6=V ?@0206222"5<0 27. 0B5=B=5 ?@02>6222"5<0 28. @02>2V 70A>18 V=482V4C0;V70FVW CG0A=8:V2 F82V;L=>3> >1>@>BC, B>20@V2 V ?>A;C34-22"5<0 29. =HV 2848 ?@02 V=B5;5:BC0;L=>W 2;0A=>ABV 2--2AL>3>192686856 07>< 7 V=482V4C0;L=>N @>1>B>N* 216 3. ?@>3@0<0 =02G0;L=>W 48AF8?;V=8 &82V;L=5 ?@02> #:@0W=8. '0AB8=0 1 >74V; . 030;L=V ?>;>65==O F82V;L=>3> ?@020 &82V;L=5 ?@02> - 30;C7L ?@820B=>3> ?@020 1 T:B82=VABL ?>4V;C ?@020 =0 ?@820B=5 V ?C1;VG=5. 0B5@V0;L=V B0 D>@<0;L=V :@8B5@VW ?>4V;C ?@020 =0 ?@820B=5 V ?C1;VG=5. @>1;5<0 4C0;V7<C ?@820B=>3> ?@020. &82V;L=5 ?@02> - 30;C7L ?@820B=>3> ?@020. >=OBBO F82V;L=>3> ?@020 O: ?@820B=>3> ?@020. &82V;L=5 ?@02> 2 A8AB5<V ?@020 #:@0W=8. V4=>A8=8, I> @53C;NNBLAO F82V;L=8< ?@02>< (F82V;L=V 2V4=>A8=8). 8A?>78B82=89 <5B>4 @53C;N20==O F82V;L=8E 2V4=>A8= B0 G8==8:8, I> 7C<>2;NNBL 9>3>. @8=F8?8 F82V;L=>3> ?@020. @8=F8? A2>1>48 >A>18AB>ABV B0 =5?@8?CAB8<>ABV A202V;L=>3> 2B@CG0==O C AD5@C >A>18AB>3> 68BBO ;N48=8. @8=F8? A2>1>48 2;0A=>ABV. @8=F8? A2>1>48 4>3>2>@C. @8=F8? A2>1>48 ?V4?@8T<=8FB20. @8=F8? AC4>2>3> 70E8ABC F82V;L=8E ?@02 B0 V=B5@5AV2. @8=F8?8 A?@0254;82>ABV, 4>1@>A>2VA=>ABV B0 @>7C<=>ABV. $C=:FVW B0 A8AB5<0 F82V;L=>3> ?@020. &82V;L=5 ?@02> O: =0C:0 B0 =02G0;L=89 :C@A 0C:0 F82V;L=>3> ?@020 O: >4=0 7 30;C759 ?@02>7=02AB20. @54<5B =0C:8 F82V;L=>3> ?@020. 5B>48 4>A;V465==O F82V;L=>-?@02>28E O28I. >=OBBO V A8AB5<0 F82V;L=>3> ?@020 O: =02G0;L=>3> :C@AC. 65@5;0 F82V;L=>3> ?@020 >=OBBO B0 2848 465@5; F82V;L=>3> ?@020. :B8 F82V;L=>3> 70:>=>402AB20. >=AB8BCFVO #:@0W=8 O: >A=>20 F82V;L=>3> 70:>=>402AB20. &82V;L=89 :>45:A #:@0W=8  >A=>2=89 0:B F82V;L=>3> 70:>=>402AB20. >B>G=V 70:>=8 #:@0W=8 O: 0:B8 F82V;L=>3> 70:>=>402AB20 #:@0W=8. 53C;N20==O F82V;L=8E 2V4=>A8= 0:B0<8 @57845=B0 #:@0W=8. >AB0=>28 01V=5BC V=VAB@V2 #:@0W=8 O: 0:B8 F82V;L=>3> 70:>=>402AB20. A>1;82>ABV 0:BV2 V=H8E >@30=V2 45@602=>W 2;048 #:@0W=8, >@30=V2 2;048 2B>=><=>W 5A?C1;V:8 @8<, I> @53C;NNBL F82V;L=V 2V4=>A8=8. 0157?5G5==O 25@E>25=AB20 =>@< &82V;L=>3> >45:AC #:@0W=8. &82V;L=>-?@02>289 4>3>2V@ O: 465@5;> F82V;L=>3> ?@020. :B8 F82V;L=>3> 70:>=>402AB20 V F82V;L=>-?@02>289 4>3>2V@. V6=0@>4=V 4>3>2>@8 O: 465@5;0 F82V;L=>3> ?@020. 28G0W O: 465@5;0 F82V;L=>3> ?@020. VO F82V;L=>3> 70:>=>402AB20 C G0AV, ?@>AB>@V B0 70 :>;>< >AV1. =0;>3VO 70:>=C B0 0=0;>3VO ?@020. ";C<0G5==O F82V;L=>-?@02>28E =>@<. 0AB>AC20==O &82V;L=>3> :>45:AC #:@0W=8 4> 2@53C;N20==O 2V4=>A8= C AD5@0E 3>A?>40@N20==O, 28:>@8AB0==O ?@8@>4=8E @5AC@AV2, >E>@>=8 4>2:V;;O, 0 B0:>6 4> B@C4>28E B0 AV<59=8E 2V4=>A8=. 030;L=0 E0@0:B5@8AB8:0 F82V;L=>3> ?@020 70@C1V6=8E :@0W= A=>2=V F82V;L=>-?@02>2V A8AB5<8 A2VBC. ><0=>-35@<0=AL:0 (:>=B8=5=B0;L=0) F82V;L=>-?@02>20 A8AB5<0. =3;>-0<5@8:0=AL:0 F82V;L=>-?@02>20 A8AB5<0. =HV F82V;L=>-?@02>2V A8AB5<8 A2VBC. >74V; . &82V;L=5 ?@02>2V4=>H5==O >=OBBO, 7<VAB B0 2848 F82V;L=8E ?@02>2V4=>A8= >=OBBO F82V;L=>3> ?@02>2V4=>H5==O. ;5<5=B8 F82V;L=>3> ?@02>2V4=>H5==O. !C1 T:B8 F82V;L=8E ?@02>2V4=>A8=. 1 T:B8 F82V;L=8E ?@02>2V4=>A8=. <VAB F82V;L=8E ?@02>2V4=>A8=. >=OBBO B0 7<VAB AC1 T:B82=8E ?@02 B0 >1>2 O7:V2. 848 F82V;L=8E ?@02>2V4=>A8=. 5G>2V, 7>1>2 O70;L=V B0 :>@?>@0B82=V ?@02>2V4=>A8=8. 1A>;NB=V B0 2V4=>A=V ?@02>2V4=>A8=8. V4AB028 28=8:=5==O F82V;L=8E ?@02 B0 >1>2'O7:V2. .@848G=V D0:B8. VW B0 ?>4VW. .@848G=V (D0:B8G=V) A:;048. $V78G=0 >A>10 O: AC1 T:B F82V;L=8E ?@02>2V4=>A8= >=OBBO DV78G=>W >A>18. &82V;L=0 ?@02>740B=VABL DV78G=>W >A>18 O: ?@8@>4=0 740B=VABL ;N48=8 <0B8 F82V;L=V ?@020 V >1>2 O7:8. 8=8:=5==O V ?@8?8=5==O F82V;L=>W ?@02>740B=>ABV DV78G=>W >A>18. 1AO3 F82V;L=>W ?@02>740B=>ABV DV78G=>W >A>18. V:G5<=VABL ?@02>G8=V2 B0 =54V9A=VABL 0:BV2, I> >1<56CNBL <>6;82VABL DV78G=>W >A>18 <0B8 =5 701>@>=5=V 70:>=>< F82V;L=V ?@020 B0 >1>2 O7:8. !?V22V4=>H5==O F82V;L=>W ?@02>740B=>ABV B0 AC1 T:B82=>3> F82V;L=>3> ?@020. &82V;L=0 4VT740B=VABL DV78G=>W >A>18 B0 WW >1AO3. >2=0 F82V;L=0 4VT740B=VABL. '0AB:>20 F82V;L=0 4VT740B=VABL DV78G=>W >A>18, O:0 =5 4>AO3;0 14 @>:V2. 5?>2=0 F82V;L=0 4VT740B=VABL DV78G=>W >A>18 C 2VFV 2V4 14 4> 18 @>:V2. 01CBBO ?>2=>W F82V;L=>W 4VT740B=>ABV DV78G=>N >A>1>N, O:0 =5 4>AO3;0 18 @>:V2. 8?04:8 B0 ?V4AB028 >1<565==O F82V;L=>W 4VT740B=>ABV DV78G=>W >A>18. 87=0==O DV78G=>W >A>18 =54VT740B=>N. ?V:0 B0 ?V:;C20==O. VAF5 ?@>6820==O DV78G=>W >A>18 B0 9>3> F82V;L=>-?@02>25 7=0G5==O. V4AB028, ?>@O4>: B0 ?@02>2V =0A;V4:8 287=0==O DV78G=>W >A>18 1572VA=> 2V4ACB=L>N B0 >3>;>H5==O WW ?><5@;>N. :B8 F82V;L=>3> AB0=C. $V78G=0 >A>10  ?V4?@8T<5FL. @8=F8?8 B0 C<>28 74V9A=5==O ?V4?@8T<=8FL:>W 4VO;L=>ABV DV78G=>N >A>1>N. &82V;L=>-?@02>20 2V4?>2V40;L=VABL DV78G=>W >A>18-?V4?@8T<FO. #?@02;V==O <09=><, I> 28:>@8AB>2CTBLAO 4;O ?V4?@8T<=8FL:>W 4VO;L=>ABV >@30=>< >?V:8 B0 ?V:;C20==O. 0=:@CBAB2> DV78G=>W >A>18-?V4?@8T<FO. .@848G=0 >A>10 O: AC1 T:B F82V;L=8E ?@02>2V4=>A8= !CB=VABL N@848G=>W >A>18. >728B>: 2G5==O ?@> N@848G=C >A>1C 2 =0CFV F82V;L=>3> ?@020. >4V; N@848G=8E >AV1 =0 N@848G=V >A>18 ?@820B=>3> ?@020 V N@848G=V >A>18 ?C1;VG=>3> ?@020. #G0ABL N@848G=8E >AV1 ?C1;VG=>3> ?@020 2 F82V;L=8E ?@02>2V4=>A8=0E. >=OBBO N@848G=>W >A>18 ?@820B=>3> ?@020 B0 WW >7=0:8. @30=V70FV9=>-?@02>2V D>@<8 N@848G=>W >A>18 ?@820B=>3> ?@020. ">20@8AB20 B0 CAB0=>28. V4?@8T<=8FL:V B>20@8AB20. 5?V4?@8T<=8FL:V B>20@8AB20. =482V4C0;V70FVO N@848G=8E >AV1. 09<5=C20==O N@848G=>W >A>18. ><5@FV9=5 (DV@<>25) =09<5=C20==O ?V4?@8T<=8FL:8E B>20@8AB2. 8:>@8AB0==O ?V4?@8T<=8FL:8<8 B>20@8AB20<8 B>@3>25;L=8E <0@>: B0 35>3@0DVG=8E 707=0G5=L B>20@V2 (?>A;C3). !B2>@5==O N@848G=8E >AV1. #AB0=>2GV 4>:C<5=B8 N@848G=8E >AV1. 5@602=0 @5TAB@0FVO N@848G=8E >AV1. <V=0 CAB0=>2G8E 4>:C<5=BV2 N@848G=>W >A>18. &82V;L=0 ?@02>740B=VABL B0 F82V;L=0 4VT740B=VABL N@848G=8E >AV1. A>18ABV =5<09=>2V ?@020 N@848G=>W >A>18. @30=8 N@848G=>W >A>18 B0 WE 2848. $V;VW B0 ?@54AB02=8FB20 N@848G=>W >A>18. @8?8=5==O N@848G=>W >A>18. @8?8=5==O N@848G=>W >A>18 7 ?@02>=0ABC?=8FB2>< (7;8BBO, ?@8T4=0==O, ?>4V; B0 ?5@5B2>@5==O). V:2V40FVO N@848G=>W >A>18. 84V; N@848G=>W >A>18. 5?;0B>A?@><>6=VABL B0 10=:@CBAB2> N@848G=>W >A>18. >A?>40@AL:V B>20@8AB20 B0 WE D>@<8. >2=V B0 :><0=48B=V B>20@8AB20. ">20@8AB20 7 >1<565=>N B0 4>40B:>2>N 2V4?>2V40;L=VABN. :FV>=5@=V B>20@8AB20. !B2>@5==O >:@5<8E D>@< 3>A?>40@AL:8E B>20@8AB2 >4=VTN >A>1>N. A>1;82>ABV ?@02>2>3> AB0BCAC >:@5<8E D>@< 3>A?>40@AL:8E B>20@8AB2. 8@>1=8GV :>>?5@0B828. !?>682GV :>>?5@0B828, B>20@8AB20 2;0A=8:V2 68B;0, 3@><04AL:V >1 T4=0==O, V=HV D>@<8 =5?V4?@8T<=8FL:8E B>20@8AB2. @02>289 AB0BCA CAB0=>2. #G0ABL 45@6028 #:@0W=0, 2B>=><=>W 5A?C1;V:8 @8<, B5@8B>@V0;L=8E 3@><04 C F82V;L=8E 2V4=>A8=0E @02>2V D>@<8 CG0ABV 45@6028, 2B>=><=>W 5A?C1;V:8 @8<, B5@8B>@V0;L=8E 3@><04 C F82V;L=8E 2V4=>A8=0E. @30=8 B0 ?@54AB02=8:8, G5@57 O:8E 4VNBL C F82V;L=8E 2V4=>A8=0E 45@6020, 2B>=><=0 5A?C1;V:0 @8< B0 B5@8B>@V0;L=V 3@><048. V4?>2V40;L=VABL 70 7>1>2 O70==O<8 45@6028, 2B>=><=>W 5A?C1;V:8 @8< B0 B5@8B>@V0;L=8E 3@><04. >7<56C20==O 2V4?>2V40;L=>ABV 70 7>1>2 O70==O<8 45@6028, 2B>=><=>W 5A?C1;V:8 @8<, B5@8B>@V0;L=8E 3@><04 B0 AB2>@5=8E =8<8 N@848G=8E >AV1. 1 T:B8 F82V;L=8E ?@02 >=OBBO B0 2848 >1 T:BV2 F82V;L=8E ?@02. 0B5@V0;L=V B0 =5<0B5@V0;L=V 1;030 O: >1 T:B8 F82V;L=8E ?@02. 5GV B0 WE :;0A8DV:0FVO. 5GV, I> 7=0E>4OBLAO C 2V;L=><C >1>@>BV, >1<565=V 2 >1>@>BV B0 28;CG5=V 7 >1>@>BC. CE><V B0 =5@CE><V @5GV. 5GV, 287=0G5=V V=482V4C0;L=8<8 01> @>4>28<8 >7=0:0<8. !?>682=V B0 =5A?>682=V @5GV. >4V;L=V B0 =5?>4V;L=V @5GV. !:;04>2V G0AB8=8 @5GV B0 A:;04=0 @VG. >;>2=0 @VG B0 WW ?@8=0;56=VABL. @>4C:FVO, ?;>48 B0 4>E>48. 09=>. V4?@8T<AB2> (T48=89 <09=>289 :><?;5:A). @>HV. 0;NB=V FV==>ABV O: >1 T:B8 F82V;L=8E ?@02>2V4=>A8=. &V==V ?0?5@8 B0 WE >7=0:8. @C?8 B0 2848 FV==8E ?0?5@V2. 09>2V, 1>@3>2V, B>20@>@>7?>@O4G8 B0 ?>EV4=V FV==V ?0?5@8. 1>@>B>740B=VABL FV==8E ?0?5@V2. &V==V ?0?5@8 =0 ?@54 O2=8:0, V<5==V B0 >@45@=V FV==V ?0?5@8. >@O4>: ?5@540GV ?@02 70 FV==8<8 ?0?5@0<8. >:C<5=B0@=V B0 1574>:C<5=B0@=V FV==V ?0?5@8. VW B0 ?>A;C38 O: >1 T:B8 F82V;L=8E ?@02>2V4=>A8=. A>18ABV =5<09=>2V ?@020, @57C;LB0B8 V=B5;5:BC0;L=>W, B2>@G>W 4VO;L=>ABV, V=D>@<0FVO B0 V=HV =5<0B5@V0;L=V >1 T:B8 F82V;L=8E 2V4=>A8=. @02>G8=8 >=OBBO ?@02>G8=C B0 9>3> >7=0:8. 848 ?@02>G8=V2. 4=>AB>@>==V, 42>EAB>@>==V B0 1030B>AB>@>==V ?@02>G8=8. ?;0B=V B0 157>?;0B=V ?@02>G8=8. 0C70;L=V B0 01AB@0:B=V ?@02>G8=8. #<>2=V ?@02>G8=8 B0 WE 2848. $V4CFV0@=V ?@02>G8=8. V@6>2V ?@02>G8=8. #<>28 4V9A=>ABV ?@02>G8=V2. 0:>==VABL 7<VABC ?@02>G8=C. 40B=VABL >AV1 4> 2G8=5==O ?@02>G8=C. V4?>2V4=VABL 2>;V B0 2>;528O2;5==O. 1>2 O7:>20 A?@O<>20=VABL ?@02>G8=C =0 @50;L=5 =0AB0==O ?@02>28E =0A;V4:V2, I> >1C<>2;5=V =8<. G8=5==O ?@02>G8=C C 2AB0=>2;5=V9 70:>=>< D>@<V. $>@<8 2G8=5==O ?@02>G8=C. 0E8AB ?@02 B0 V=B5@5AV2 <0;>;VB=VE, =5?>2=>;VB=VE G8 =5?@0F5740B=8E 4VB59 ?@8 2G8=5==V ?@02>G8=C WE 10BL:0<8 (CA8=>2;N20G0<8). @57C<?FVO ?@02><V@=>ABV ?@02>G8=C. 5@602=0 @5TAB@0FVO ?@02>G8=V2. VAF5 2G8=5==O ?@02>G8=C. ";C<0G5==O 7<VABC ?@02>G8=C. V4<>20 2V4 ?@02>G8=C. >=OBBO B0 2848 =54V9A=8E ?@02>G8=V2. V:G5<=V B0 >A?>@N20=V ?@02>G8=8. ><5=B, 7 O:>3> ?@02>G8= 22060TBLAO =54V9A=8<. @02>2V =0A;V4:8 =54V9A=>ABV ?@02>G8=C. @02>2V =0A;V4:8 =54V9A=>ABV >:@5<8E G0AB8= ?@02>G8=C. @54AB02=8FB2> >=OBBO B0 2848 ?@54AB02=8FB20. =0G5==O V=AB8BCBC ?@54AB02=8FB20. V4AB028 ?@54AB02=8FB20. @54AB02=8FB2> 70 70:>=><. @54AB02=8FB2> 70 4>2V@5=VABN. ><5@FV9=5 ?@54AB02=8FB2>. 5@54>@CG5==O. >2=>2065==O ?@54AB02=8:0. G8=5==O ?@02>G8=V2 7 ?5@528I5==O< ?>2=>2065=L. >=OBBO V 2848 4>2V@5=>ABV. $>@<0 B0 AB@>: 4>2V@5=>ABV. >2V@5=VABL N@848G=>W >A>18. @8?8=5==O ?@54AB02=8FB20 70 4>2V@5=VABN. !:0AC20==O 4>2V@5=>ABV. V4<>20 ?@54AB02=8:0 2V4 2G8=5==O 4V9, O:V 1C;8 287=0G5=V 4>2V@5=VABN. >74V; . 4V9A=5==O B0 70E8AB F82V;L=8E ?@02 4V9A=5==O F82V;L=8E ?@02 B0 28:>=0==O F82V;L=8E >1>2 O7:V2. 0E8AB F82V;L=8E ?@02 >=OBBO 74V9A=5==O F82V;L=8E ?@02 B0 28:>=0==O F82V;L=8E >1>2 O7:V2. 56V 74V9A=5==O F82V;L=8E ?@02. ;>26820==O ?@02><. 8:>=0==O F82V;L=8E >1>2 O7:V2. @02> =0 70E8AB F82V;L=8E ?@02 B0 V=B5@5AV2. 0E8AB F82V;L=8E ?@02 B0 V=B5@5AV2 AC4><. 0E8AB F82V;L=8E ?@02 B0 V=B5@5AV2 @57845=B>< #:@0W=8, >@30=0<8 45@602=>W 2;048, >@30=0<8 2;048 2B>=><=>W 5A?C1;V:8 @8< B0 >@30=0<8 <VAF52>3> A0<>2@O4C20==O. 0E8AB F82V;L=8E ?@02 =>B0@VCA><. !0<>70E8AB F82V;L=8E ?@02. 87=0==O =570:>==8< ?@02>2>3> 0:B0 >@30=C 45@602=>W 2;048, >@30=C 2;048 2B>=><=>W 5A?C1;V:8 @8< 01> >@30=C <VAF52>3> A0<>2@O4C20==O. &82V;L=>-?@02>20 2V4?>2V40;L=VABL >=OBBO, >7=0:8 B0 DC=:FVW F82V;L=>-?@02>2>W 2V4?>2V40;L=>ABV. 848 F82V;L=>-?@02>2>W 2V4?>2V40;L=>ABV. #<>28 F82V;L=>-?@02>2>W 2V4?>2V40;L=>ABV. @>B8?@02=0 ?>254V=:0. 09=>20 H:>40 (718B:8) B0 <>@0;L=0 H:>40. @8G8==89 72 O7>: <V6 ?@>B8?@02=>N ?>254V=:>N B0 H:>4>N. 8=0 O: C<>20 F82V;L=>-?@02>2>W 2V4?>2V40;L=>ABV. &82V;L=>-?@02>20 2V4?>2V40;L=VABL =570;56=> 2V4 =0O2=>ABV 28=8. V4AB028 72V;L=5==O 2V4 F82V;L=>-?@02>2>W 2V4?>2V40;L=>ABV. !B@>:8 B0 B5@<V=8 C F82V;L=><C ?@02V. >7>2=0 402=VABL >=OBBO AB@>:C B0 B5@<V=C. 87=0G5==O AB@>:C B0 B5@<V=C. 848 AB@>:V2. >G0B>: ?5@51V3C B0 70:V=G5==O AB@>:C. >@O4>: 2G8=5==O 4V9 2 >AB0==V9 45=L AB@>:C. >=OBBO B0 2848 ?>7>2=>W 402=>ABV. 8<>38, =0 O:V ?>7>2=0 402=VABL =5 ?>H8@NTBLAO. <V=0 B@820;>ABV ?>7>2=>W 402=>ABV. 1G8A;5==O ?>7>2=>W 402=>ABV. >G0B>: ?5@51V3C ?>7>2=>W 402=>ABV. C?8=5==O B0 ?5@5@820==O ?5@51V3C ?>7>2=>W 402=>ABV. 5@51V3 ?>7>2=>W 402=>ABV C @07V 70;8H5==O ?>7>2C 157 @>73;O4C. 0AB>AC20==O ?>7>2=>W 402=>ABV 4> 4>40B:>28E 28<>3. 0A;V4:8 A?;82C ?>7>2=>W 402=>ABV. A>18ABV =5<09=>2V ?@020 DV78G=>W >A>18 B0 WE 70E8AB >=OBBO >A>18AB>3> =5<09=>2>3> ?@020. A>18ABV =5<09=>2V ?@020, I> 70157?5GCNBL ?@8@>4=5 VA=C20==O DV78G=>W >A>18. A>18ABV =5<09=>2V ?@020, I> 70157?5GCNBL A>FV0;L=5 1CBBO DV78G=>W >A>18. V2=VABL >A>18AB8E =5<09=>28E ?@02 DV78G=8E >AV1. 1<565==O >A>18AB8E =5<09=>28E ?@02. 4V9A=5==O B0 70E8AB >A>18AB8E =5<09=>28E ?@02. >74V; V. 5G>25 ?@02> @02> 2;0A=>ABV B0 V=HV @5G>2V ?@020 030;L=0 E0@0:B5@8AB8:0 @5G>2>3> ?@020. 848 @5G>28E ?@02. @02> 2;0A=>ABV. =HV @5G>2V ?@020. >=OBBO ?@020 2;0A=>ABV 2 >1 T:B82=><C V AC1 T:B82=><C @>7C<V==V. <VAB ?@020 2;0A=>ABV, 74V9A=5==O ?@020 2;0A=>ABV. 5?>@CH=VABL ?@020 2;0A=>ABV. "O30@ CB@8<0==O <09=0. 878: 28?04:>2>3> 7=8I5==O B0 28?04:>2>3> ?>H:>465==O <09=0. !C1 T:B8 ?@020 2;0A=>ABV. @02> 2;0A=>ABV #:@0W=AL:>3> =0@>4C. C1;VG=0 V ?@820B=0 2;0A=VABL. >=OBBO ?@020 ?@820B=>W 2;0A=>ABV. $V78G=V B0 N@848G=V >A>18 O: AC1 T:B8 ?@020 ?@820B=>W 2;0A=>ABV. 1 T:B8 ?@020 ?@820B=>W 2;0A=>ABV. 1<565==O 4;O >:@5<8E >AV1 <0B8 C 2;0A=>ABV ?52=V >1 T:B8. @02> 45@602=>W 2;0A=>ABV. @02> :><C=0;L=>W 2;0A=>ABV. V4AB028 =01CBBO ?@020 2;0A=>ABV: ?5@2VA=V B0 ?>EV4=V, 7030;L=V B0 A?5FV0;L=V. 01CBBO ?@020 2;0A=>ABV: N@848G=>N >A>1>N ?C1;VG=>3> ?@020; 4>1@>A>2VA=8< =01C20G5< =0 <09=>, 2V4GC65=5 >A>1>N, O:0 =5 <0;0 =0 F5 ?@02>; =0 =>2>AB2>@5=5 <09=>; =0 ?5@5@>1;5=C @VG; =0 157E07O9=C @VG; =0 @CE><C @VG, 2V4 O:>W 2;0A=8: 2V4<>282AO; =0 7=0EV4:C; =0 1574>3;O4=C 4><0H=N B20@8=C; =0 A:0@1; H;OE>< ?@82;0A=5==O 7030;L=>4>ABC?=8E 40@V2 ?@8@>48; 70 =0?C20;L=>N 402=VABN; 2 @57C;LB0BV ?@820B870FVW 45@602=>3> <09=0 B0 <09=0, I> T 2 :><C=0;L=V9 2;0A=>ABV. ><5=B =01CBBO ?@020 2;0A=>ABV. ><5=B =01CBBO ?@020 2;0A=>ABV 70 4>3>2>@><. @02>2AB0=>2;NNGV 4>:C<5=B8. V4AB028 ?@8?8=5==O ?@020 2;0A=>ABV. V4<>20 2V4 ?@020 2;0A=>ABV. @8?8=5==O ?@020 2;0A=>ABV >A>18 =0 <09=>, O:5 70 70:>=>< =5 <>65 W9 =0;560B8. @8?8=5==O ?@020 2;0A=>ABV 2=0A;V4>: 7=8I5==O <09=0. 8:C? 75<5;L=>W 4V;O=:8 7 <5B>N ACA?V;L=>W =5>1EV4=>ABV. @8?8=5==O ?@020 2;0A=>ABV =0 =5@CE><5 <09=> C 72'O7:C 7 28:C?>< 75<5;L=>W 4V;O=:8, =0 O:V9 2>=> @>7<VI5=5. 8:C? ?0<'OB:8 VAB>@VW B0 :C;LBC@8, I> CB@8<CNBLAO 1573>A?>40@=>. 5:2V78FVO. >=DVA:0FVO. :@5<V >1 T:B8 ?@020 2;0A=>ABV A>1;82>ABV ?@02>2>3> @53C;N20==O 2V4=>A8= AB>A>2=> 75<;V (75<5;L=>W 4V;O=:8), ?><5H:0==O, 68B;>2>3> 1C48=:C, A04818 B0 :20@B8@8. !C1'T:B8 ?@020 2;0A=>ABV =0 75<;N (75<5;L=C 4V;O=:C). @02> 2;0A=8:0 =0 701C4>2C 75<5;L=>W 4V;O=:8. !0<>G8==5 1C4V2=8FB2>. @02> =0 75<5;L=C 4V;O=:C ?@8 ?@8410==V 68B;>2>3> 1C48=:C, 1C4V2;V 01> A?>@C48, I> @>7<VI5=V =0 =V9. @8?8=5==O ?@020 2;0A=>ABV =0 75<5;L=C 4V;O=:C. @020 2;0A=8:0 68B;>2>3> 1C48=:C, :20@B8@8. @020 68B;>2>-1C4V25;L=>3> (68B;>2>3>) :>>?5@0B82C B0 WE G;5=V2 =0 :20@B8@C 2 1C48=:C :>>?5@0B82C. 1'T4=0==O 2;0A=8:V2 68B;>28E 1C48=:V2, :20@B8@. @02> A?V;L=>W 2;0A=>ABV >=OBBO V 2848 ?@020 A?V;L=>W 2;0A=>ABV. @02> A?V;L=>W G0AB:>2>W 2;0A=>ABV. >@O4>: 287=0G5==O G0AB>: C ?@02V A?V;L=>W G0AB:>2>W 2;0A=>ABV. 4V9A=5==O ?@020 A?V;L=>W G0AB:>2>W 2;0A=>ABV. "O30@ CB@8<0==O <09=0, I> T C A?V;L=V9 G0AB:>2V9 2;0A=>ABV, B0 287=0G5==O ?@8=0;56=>ABV ?;>4V2, ?@>4C:FVW V 4>E>4V2 2V4 9>3> 28:>@8AB0==O. @02> A?V22;0A=8:0 @>7?>@O48B8AO A2>TN G0AB:>N C ?@02V A?V;L=>W G0AB:>2>W 2;0A=>ABV. 5@5206=5 ?@02> :C?V2;V G0AB:8 C ?@02V A?V;L=>W G0AB:>2>W 2;0A=>ABV. 84V; G0AB:8 V7 <09=0, I> T C A?V;L=V9 G0AB:>2V9 2;0A=>ABV. @8?8=5==O ?@020 =0 G0AB:C C A?V;L=><C <09=V 70 28<>3>N V=H8E A?V22;0A=8:V2. >4V; <09=0, I> T C A?V;L=V9 G0AB:>2V9 2;0A=>ABV. @02> A?V;L=>W AC<VA=>W 2;0A=>ABV B0 9>3> 74V9A=5==O. 84V; G0AB:8 V7 <09=0, I> T C A?V;L=V9 AC<VA=V9 2;0A=>ABV. >4V; <09=0, I> T C A?V;L=V9 AC<VA=V9 2;0A=>ABV. 5G>2V ?@020 =0 GC65 <09=> 030;L=0 E0@0:B5@8AB8:0 @5G>28E ?@02 =0 GC65 <09=>, WE 2848. @02> 2>;>4V==O GC68< <09=><: AC1'T:B8, ?V4AB028 28=8:=5==O B0 ?@8?8=5==O. 1>2'O7>: =54>1@>A>2VA=>3> 2>;>4V;LFO I>4> ?>25@=5==O <09=0 >A>1V, O:0 <0T =0 =L>3> ?@02> 2;0A=>ABV G8 V=H5 ?@02>, 01> O:0 T 4>1@>A>2VA=8< 2>;>4V;LF5<. >=OBBO :>@8ABC20==O GC68< <09=>< (A5@2VBCB). !C1 T:B8, >1 T:B8, 7<VAB A5@2VBCBC, ?>@O4>: 9>3> 2AB0=>2;5==O B0 ?@8?8=5==O. @02> :>@8ABC20==O GC6>N 75<5;L=>N 4V;O=:>N 01> V=H8< =5@CE><8< <09=><. @02> :>@8ABC20==O GC6>N 75<5;L=>N 4V;O=:>N 4;O AV;LAL:>3>A?>40@AL:8E ?>B@51 (5<DVB5278A). V4AB028 28=8:=5==O B0 ?@8?8=5==O. !B@>: 4>3>2>@C ?@> =040==O ?@020 :>@8ABC20==O GC6>N 75<5;L=>N 4V;O=:>N 4;O AV;LAL:>3>A?>40@AL:8E ?>B@51. @020 B0 >1>2'O7:8 2;0A=8:0 75<5;L=>W 4V;O=:8, =040=>W C :>@8ABC20==O 4;O AV;LAL:>3>A?>40@AL:8E ?>B@51, B0 75<;5:>@8ABC20G0. @02> 75<;5:>@8ABC20G0 =0 2V4GC65==O ?@020 :>@8ABC20==O 75<5;L=>N 4V;O=:>N. >=OBBO B0 ?V4AB028 28=8:=5==O ?@020 :>@8ABC20==O GC6>N 75<5;L=>N 4V;O=:>N 4;O 701C4>28 (AC?5@DVFV9). @020 B0 >1>2 O7:8 2;0A=8:0 75<5;L=>W 4V;O=:8, =040=>W 4;O 701C4>28, B0 75<;5:>@8ABC20G0. V4AB028 B0 ?@02>2V =0A;V4:8 ?@8?8=5==O ?@020 :>@8ABC20==O 75<5;L=>N 4V;O=:>N 4;O 701C4>28. 0E8AB ?@020 2;0A=>ABV B0 V=H8E @5G>28E ?@02 0A048 70E8ABC ?@020 2;0A=>ABV B0 V=H8E @5G>28E ?@02. 5G>2>-?@02>2V A?>A>18 70E8ABC ?@020 2;0A=>ABV. 8B@51C20==O <09=0 2V4 >A>18, O:0 =570:>==> 702>;>4V;0 =8< (2V=48:0FV9=89 ?>7>2), B0 @>7@0EC=:8 ?@8 FL><C. A>1;82>ABV 28B@51C20==O <09=0 2V4 4>1@>A>2VA=>3> =01C20G0. 8B@51C20==O 3@>H59 B0 FV==8E ?0?5@V2. 0E8AB ?@020 2;0A=>ABV 2V4 ?>@CH5=L, =5 ?>2'O70=8E V7 ?>7102;5==O< 2>;>4V==O (=530B>@=89 ?>7>2). 87=0==O ?@020 2;0A=>ABV. 87=0==O =570:>==8< ?@02>2>3> 0:BC, I> ?>@CHCT ?@02> 2;0A=>ABV. A>1;82>ABV 2V4H:>4C20==O H:>48, 70240=>W 2;0A=8:>2V 75<5;L=>W 4V;O=:8, 68B;>2>3> 1C48=:C, V=H8E 1C4V25;L C 72 O7:C V7 7=865==O< WE FV==>ABV. >1>2 O70;L=>-?@02>2V A?>A>18 70E8ABC ?@020 2;0A=>ABV. >74V; V. !?04:>25 ?@02> 030;L=V ?>;>65==O ?@> A?04:C20==O >=OBBO B0 2848 A?04:C20==O. !:;04 A?04I8=8. @020 B0 >1>2 O7:8 >A>18, O:V =5 2E>4OBL 4> A:;04C A?04I8=8. '0A V <VAF5 2V4:@8BBO A?04I8=8. !?04:>T<FV. @02> =0 A?04:C20==O, CAC=5==O 2V4 ?@020 =0 A?04:C20==O. A>1;82>ABV A?04:C20==O >:@5<8E >1 T:BV2: ?@02 =0 75<5;L=C 4V;O=:C, G0AB:8 C ?@02V A?V;L=>W AC<VA=>W 2;0A=>ABV; ?@020 =0 >45@60==O AC< 70@>1VB=>W ?;0B8, ?5=AVW, AB8?5=4VW, 0;V<5=BV2, V=H8E A>FV0;L=8E 28?;0B, O:V =0;560;8 A?04:>402F52V; ?@020 =0 >45@60==O AB@0E>28E 28?;0B (AB@0E>2>3> 2V4H:>4C20==O); ?@020 =0 2:;04 C 10=:V2AL:8E (DV=0=A>28E) CAB0=>20E; ?@020 =0 2V4H:>4C20==O 718B:V2, <>@0;L=>W H:>48 B0 A?;0BC =5CAB>9:8. !?04:C20==O >1>2 O7:C 2V4H:>4C20B8 <09=>2C H:>4C (718B:8) B0 <>@0;L=C H:>4C, O:0 1C;0 70240=0 A?04:>402F5<. 1>2 O7>: A?04:>T<FV2 2V4H:>4C20B8 28B@0B8 =0 CB@8<0==O, 4>3;O4, ;V:C20==O B0 ?>E>20==O A?04:>402FO. 4V9A=5==O ?@020 =0 A?04:C20==O. D>@<;5==O ?@020 =0 A?04I8=C. >=OBBO V AB@>:8 ?@89=OBBO A?04I8=8. 0A;V4:8 ?@>?CI5==O AB@>:C 4;O ?@89=OBBO A?04I8=8. V4<>20 2V4 ?@89=OBBO A?04I8=8. 5@5EV4 ?@020 =0 ?@89=OBBO A?04I8=8. >4V; A?04I8=8 <V6 A?04:>T<FO<8. 5@5206=5 ?@02> >:@5<8E A?04:>T<FV2 =0 284V;5==O W< ?52=>3> A?04:>2>3> <09=0 2 =0BC@V. 5@5@>7?>4V; A?04I8=8. @5B5=7VW :@548B>@V2 A?04:>402FO 4> A?04:>T<FV2. E>@>=0 A?04I8=8 B0 C?@02;V==O =5N. V4C<5@;VABL A?04I8=8. !?04:C20==O 70 70?>2VB>< >=OBBO 70?>2VBC B0 ?@02> =0 70?>2VB. 848 70?>2VBC: 70?>2VB 7 C<>2>N, 70?>2VB ?>4@C66O, A5:@5B=89 70?>2VB. $>@<0 70?>2VBC. @020 70?>2V40G0. 0?>2V40;L=89 2V4:07. >:;045==O. AB0=>2;5==O A5@2VBCBC C 70?>2VBV. @02> =0 >1>2 O7:>2C G0AB:C C A?04I8=V. V4?@87=0G5==O A?04:>T<FO. !:0AC20==O B0 7<V=0 70?>2VBC. 54V9A=VABL 70?>2VBC. !?04:C20==O G0AB8=8 A?04I8=8, I> =5 >E>?;5=0 70?>2VB><. 8:>=0==O 70?>2VBC. !?04:C20==O 70 70:>=>< '5@3>2VABL A?04:C20==O 70 70:>=><. <V=0 G5@3>2>ABV >45@60==O ?@020 =0 A?04:C20==O. !?04:C20==O 70 ?@02>< ?@54AB02;5==O. >7<V@ G0AB:8 C A?04I8=V A?04:>T<FV2 70 70:>=><. !?04:>289 4>3>2V@ >=OBBO, ?@54<5B, B0 D>@<0 A?04:>2>3> 4>3>2>@C. !B>@>=8 2 4>3>2>@V, WE ?@020 V >1>2 O7:8. 0157?5G5==O 28:>=0==O B0 @>7V@20==O A?04:>2>3>. >74V; V. @02> V=B5;5:BC0;L=>W 2;0A=>ABV 030;L=V ?>;>65==O ?@> V=B5;5:BC0;L=C 2;0A=VABL >=OBBO ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV B0 9>3> 7030;L=0 E0@0:B5@8AB8:0. !C1 T:B8 B0 >1 T:B8 ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV. V4AB028 28=8:=5==O (=01CBBO) ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV. A>18ABV =5<09=>2V B0 <09=>2V ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV. 5@5EV4 <09=>28E ?@02 V=B5;5:BC0;L=>W 2;0A=>ABV 4> V=H8E >AV1. !B@>:8 G8==>ABV ?@02 V=B5;5:BC0;L=>W 2;0A=>ABV. !?>A>18 70E8ABC ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV AC4><. 2B>@AL:5 ?@02> B0 AC<V6=V ?@020 >=OBBO 02B>@AL:>3> ?@020. 1 T:B8 B0 AC1 T:B8 02B>@AL:>3> ?@020. !?V202B>@AB2>. 8=8:=5==O 02B>@AL:>3> ?@020. A>18ABV =5<09=>2V B0 <09=>2V ?@020 02B>@0, AB@>:8 WE G8==>ABV B0 =0A;V4:8 ?@8?8=5==O. >=OBBO V 2848 AC<V6=8E ?@02. 1 T:B8 B0 AC1 T:B8 AC<V6=8E ?@02. >@CH5==O 02B>@AL:8E V AC<V6=8E ?@02, ?>@O4>: V A?>A>18 WE 70E8ABC. 0B5=B=5 ?@02> >=OBBO ?0B5=B=>3> ?@020. 8=0EV4, :>@8A=0 <>45;L, ?@><8A;>289 7@07>: O: >1 T:B8 ?0B5=B=>3> ?@020. !C1 T:B8 ?0B5=B=>3> ?@020. 0B5=B B0 9>3> 2848. 09=>2V ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV =0 28=0EV4, :>@8A=C <>45;L B0 ?@><8A;>289 7@07>:, AB@>:8 WE G8==>ABV. V4AB028 B0 ?@02>2V =0A;V4:8 ?@8?8=5==O G8==>ABV ?0B5=BC B0 287=0==O 9>3> =54V9A=8<. @02> ?>?5@54=L>3> :>@8ABC20G0 =0 28=0EV4, :>@8A=C <>45;L, ?@><8A;>289 7@07>:. @02>2V 70A>18 V=482V4C0;V70FVW CG0A=8:V2 F82V;L=>3> >1>@>BC, B>20@V2 V ?>A;C3 >=OBBO :><5@FV9=>3> (DV@<>2>3>) =09<5=C20==O. >=OBBO B>@3>25;L=>W <0@:8. !C1 T:B8 ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV =0 B>@3>25;L=C <0@:C. 0A2V4G5==O =01CBBO ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV =0 B>@3>25;L=C <0@:C. @02> V=B5;5:BC0;L=>W 2;0A=>ABV =0 35>3@0DVG=5 707=0G5==O B0 9>3> 7<VAB. !C1 T:B8 ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV =0 35>3@0DVG=5 707=0G5==O. 01CBBO B0 AB@>: G8==>ABV ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV =0 35>3@0DVG=5 707=0G5==O. =HV 2848 ?@02 V=B5;5:BC0;L=>W 2;0A=>ABV @02> V=B5;5:BC0;L=>W 2;0A=>ABV =0 =0C:>25 2V4:@8BBO, =0 :><?>=C20==O V=B53@0;L=>W <V:@>AE5<8, =0 @0FV>=0;V70B>@AL:C ?@>?>78FVN, =0 A>@B @>A;8=, ?>@>4C B20@8=, =0 :><5@FV9=C B0T<=8FN. 4. 0240==O 4> ?@0:B8G=8E 70=OBL B0 A0<>ABV9=>W @>1>B8 "5<0 1. &82V;L=5 ?@02>  30;C7L ?@820B=>3> ?@020. 8B0==O 4> :>;>:2VC<C: @8B5@VW ?>4V;C ?@020 =0 ?@820B=5 V ?C1;VG=5. VAF5 F82V;L=>3> ?@020 2 A8AB5<V ?@020 #:@0W=8. >=OBBO F82V;L=>3> ?@020 O: 30;C7V ?@820B=>3> ?@020. @54<5B F82V;L=>3> ?@020. 8A?>78B82=89 <5B>4 @53C;N20==O F82V;L=8E 2V4=>A8= B0 G8==8:8, I> 7C<>2;NNBL 9>3>. @8=F8?8 F82V;L=>3> ?@020. $C=:FVW F82V;L=>3> ?@020. !8AB5<0 F82V;L=>3> ?@020. "5<0 2. &82V;L=5 ?@02> O: =0C:0 B0 =02G0;L=89 :C@A. (4;O A0<>ABV9=>3> 282G5==O) 8B0==O: >=OBBO B0 ?@54<5B =0C:8 F82V;L=>3> ?@020 O: >4=0 7 30;C759 ?@02>7=02AB20. 5B>48 4>A;V465==O F82V;L=>-?@02>28E O28I. >=OBBO V A8AB5<0 F82V;L=>3> ?@020 O: =02G0;L=>3> :C@AC. "5<0 3. 65@5;0 F82V;L=>3> ?@020. 0240==O: 1. 65=>2 28@VH82 ?@>40B8 :20@B8@C 2 1C48=:C 68B;>2>-1C4V25;L=>3> :>>?5@0B82C (40;V - ), 2 O:V9 2V= <5H:02, 8@>=>2C. >B0@VCA, 4> O:>3> 2>=8 725@=C;8AO, 70O282 65=>2C, I> B>9 =5 2?@02V FL>3> 7@>18B8 C 72 O7:C 7 B8<, I> 2>=0 =0;568BL =0 ?@02V 2;0A=>ABV =5 9><C, 0 , G;5=>< O:>3> 2V= T. 0?5@5GCNG8 ?@>B8 FL>3>, 65=>2 70O282, I> 2V= ?>2=VABN A?;0B82 20@BVABL :20@B8@8 I5 C 1988 @. V 2V4?>2V4=> 4> AB.15 0:>=C #:@0W=8 @> 2;0A=VABL AB02 WW 2;0A=8:><. >B0@VCA ?>3>482AO 7 B8<, I> >A>10, O:0 ?>2=VABN A?;0B8;0 20@BVABL :20@B8@8, =01C20T ?@02> 2;0A=>ABV =0 =5W, 0;5 F5 AB>ACTBLAO ;8H5 28?04:V2, :>;8 2=5A:8 A?;0GC20;8AO ?VA;O =01@0==O G8==>ABV F8< 0:>=><, B><C =0 28?04>: 7 65=>28< 707=0G5=5 ?@028;> =5 @>7?>2AN46CTBLAO. >OA=VBL 4VN 0:BV2 F82V;L=>3> 70:>=>402AB20 C G0AV, C ?@>AB>@V V I>4> :>;0 >AV1 B0 28@VHVBL A?@02C. 2. ">20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN =5@3VO (40;V  ") C 2003 @. C:;0;> 4>3>2V@ >@5=48 75<5;L=>W 4V;O=:8 AB@>:>< =0 25 @>:V2. 0 C<>20<8 4>3>2>@C 2>=> O: >@5=40@ ?>28==> I><VAOFO A?;0GC20B8 >@5=4=C ?;0BC 2 @>7<V@V 550 3@=. # 25@5A=V 2005 @. #?@02;V==O 75<5;L=8E @5AC@AV2 B0 #?@02;V==O :><C=0;L=>W 2;0A=>ABV %0@:V2AL:>3> <VAL:28:>=:><C =04VA;0;8 " ;8AB0, 2 O:><C 70?@>?>=C20;8 7 AVG=O 2006 @. A?;0GC20B8 >@5=4=C ?;0BC 2 @>7<V@V 620 3@=. V4AB02>N 4;O FL>3> 1C;> ?@89=OBBO C 15@57=V 2005 @. A5AVTN <VAL:>W @048 @VH5==O ?@> ?V428I5==O ?;0B8 70 75<;N. 8@5:B>@ " =5@3VO 725@=C2AO 4> N@8AB0 70 :>=AC;LB0FVTN, =0A:V;L:8 ?@02><V@=8<8 T 28<>38 28:>=02G8E >@30=V2. '8 @53C;NNBLAO FV 2V4=>A8=8 &82V;L=8< :>45:A><? /: 4VNBL 2 G0AV 0:B8 F82V;L=>3> 70:>=>402AB20? 8@VHVBL A?@02C. 3. !84>@5=:> ?@54 O282 ?>7>2 4> 3>B5;N 8W2 ?@> 2V4H:>4C20==O 20@B>ABV @5G59 (?0;LB>, :>ABN<C B0 5;5:B@>1@8B28), O:V 1C;8 2:@045=V ?V4 G0A 9>3> ?@>6820==O 2 3>B5;V. V4?>2V40G 70?5@5GC202 ?@>B8 ?>7>2C, ?>A8;0NG8AL =0 B5, I> !84>@5=:> 2V4?>2V4=> 4> @>7?>@O465==O 04<V=VAB@0FVW 3>B5;N ?>28=5= 1C2 740B8 A2>W @5GV =0 715@V30==O 2 :0<5@C AE>2C, O:0 ?@0FNT FV;>4>1>2>.  V=H><C 28?04:C 04<V=VAB@0FVO =5 =5A5 2V4?>2V40;L=>ABV 70 7=8:=5==O @5G59. @V< FL>3> 2V= ?>A;02AO =0 @028;0 ?@>6820==O 2 3>B5;OE <VAB0, O:V 1C;8 70B25@465=V 3>;>2>N 45@604<V=VAB@0FVW <VAB0, 2 O:8E 707=0G5=>, I> 3>B5;L =5 2V4?>2V40T 70 2B@0BC @5G59, =5 740=8E 4> :0<5@8 AE>2C. 42>:0B !84>@5=:> 725@=C2 C203C AC4C =0 B5, I> @>7?>@O465==O 04<V=VAB@0FVW 3>B5;N =5 T 0:B>< F82V;L=>3> 70:>=>402AB20, :@V< FL>3> 2>=> AC?5@5G8BL AB. 975 &, 2V4?>2V4=> 4> O:>W 3>B5;L 2V4?>2V40T 70 AE>@>==VABL @5G59, 2=5A5=8E 4> 3>B5;N >A>1>N, O:0 ?@>6820T 2 =L><C. >OA=VBL ?@028;0 A?V22V4=>H5==O 70:>=V2 B0 ?V470:>==8E =>@<0B82=8E 0:BV2. 87=0GB5 A8AB5<C F82V;L=>3> 70:>=>402AB20 B0 28@VHVBL A?@02C. 4.  D>B>0B5;LT !8;C5B 725@=C;0AO !V<>=5=:> 7 28<>3>N ?@> 28;CG5==O 7 B>@3>25;L=>W <5@56V EC4>6=L>W D>B>3@0DVW 7 WW 7>1@065==O<, 2V47=0G82H8, I> 70?5@5GCT ?@>B8 @>7?>2AN465==O D>B>3@0DVW, 1> 22060T WW =5240;>N. /: ?>OA=82 !V<>=5=:> WW 042>:0B, 2V4?>2V4=> 4> AB. 303 & >A>18ABV ?0?5@8, 2 B><C G8A;V D>B>3@0DVW DV78G=>W >A>18 T WW ?@820B=>N 2;0A=VABN. 7=09><;5==O 7 >A>18AB8<8 ?0?5@0<8, WE 28:>@8AB0==O, 7>:@5<0 H;OE>< >?C1;V:C20==O, 4>?CA:0NBLAO ;8H5 70 73>4>N DV78G=>W >A>18, O:V9 2>=8 =0;560BL. "><C 4;O @>7?>2AN465==O D>B>3@0DVW =5>1EV4=0 WW 73>40. 5@V2=8FB2> !8;C5B 2V4?>2V;>, I> 2>=> <0T 02B>@AL:5 ?@02> =0 EC4>6=N D>B>3@0DVN 7 7>1@065==O< !V<>=5=:>. AB0==O ?>7C20;0 0B5;LT 70 ?;0BC, >B65, 40;0 A2>N 73>4C =0 WW B8@06C20==O. V4?>2V4=> 4> AB. 308 & D>B>3@0DVO, O: V 1C4L-O:89 V=H89 EC4>6=V9 B2V@, =0 O:><C 7>1@065=> DV78G=C >A>1C, <>65 1CB8 @>7?>2AN465=0 157 WW 73>48. /:I> !8<>=5=:> E>G5 28;CG8B8 D>B>3@0DVN 7 ?@>406C, 2>=0 7>1>2 O70=0 2V4H:>4C20B8 D>B>0B5;LT ?>2 O70=V 7 F8< 718B:8. >OA=VBL ?@028;0 A?V22V4=>H5==O 7030;L=8E B0 A?5FV0;L=8E =>@< B0 28@VH8BL A?@02C. 5. :FV>=5@=5 B>20@8AB2> ! (40;V  ") C:;0;> 4>3>2V@ =0 ?@8410==O ;8AB0 >F8=:>20=>3> =0 7030;L=C AC<C 580 B8A. 3@=. 03;O4>20 @040 ", ?5@52V@82H8 4VO;L=VABL ?@02;V==O, 287=0G8;0 718B:>2VABL FL>3> 4>3>2>@C, >A:V;L:8 2 F59 ?5@V>4 <>6=0 1C;> ?@8410B8 ;8AB >F8=:>20=89 70 7=0G=> <5=HC FV=C. 03;O4>20 @040 22060T, I> 3>;>20 ?@02;V==O ", C:;040NG8 F59 4>3>2V@, <02 >A>18ABC 70FV:02;5=VABL. 030;L=8<8 71>@0<8 " 1C;> @>73;O=CB> ?8B0==O ?@> ?@8BO3=5==O 3>;>28 ?@02;V==O 4> <09=>2>W 2V4?>2V40;L=>ABV V ABO3=5==O 7 =L>3> 718B:V2, A?@8G8=5=8E " F8< 4>3>2>@><. AB0==V9 =5 ?>3>482AO 7 B0:8< @VH5==O<, <>B82CNG8 F5 B8<, I> 2V= ?@0FNT 2 " =0 ?V4AB02V B@C4>2>3> 4>3>2>@C V B><C 9>3> 2V4?>2V40;L=VABL ?>28==0 2@53C;L>2C20B8AL =>@<0<8 =5 F82V;L=>3>, 0 B@C4>2>3> 70:>=>402AB20. 3V4=> AB0B59 130 B0 132 >45:AC 70:>=V2 #:@0W=8 ?@> ?@0FN (40;V  ?#) 2V= =5 =5A5 ?>2=>W <0B5@V0;L=>W 2V4?>2V40;L=>ABV, 0 2V4?>2V40T ;8H5 2 <560E A2>3> <VAOG=>3> 70@>1VB:C, >A:V;L:8 9>3> 4VW =5 ?V4?040NBL ?V4 ?>;>65==O AB0B59 134 B0 135-1 ?#. @V< B>3> 2V= 707=0G82, I> 27030;V =5 ?>3>46CTBLAO 7 >FV=:>N A2>WE 4V9 7030;L=8<8 71>@0<8 ", >A:V;L:8 4VO2 C <560E =040=8E 9><C ?>2=>2065=L V ?@8?CA:02AO >1@C=B>20=>3> @878:C. /: A;V4 28@VH8B8 A?V@? >@<0<8 O:>3> 70:>=>402AB20  B@C4>2>3> G8 F82V;L=>3> A;V4 :5@C20B8AL ?@8 28@VH5==V A?>@C? "5<0 4. 030;L=0 E0@0:B5@8AB8:0 F82V;L=>3> ?@020 70@C1V6=8E :@0W=. (4;O A0<>ABV9=>3> 282G5==O) 8B0==O: A=>2=V F82V;L=>-?@02>2V A8AB5<8 A2VBC. ><0=>-35@<0=AL:0 (:>=B8=5=B0;L=0) F82V;L=>-?@02>20 A8AB5<0. =3;>-0<5@8:0=AL:0 F82V;L=>-?@02>20 A8AB5<0. =HV F82V;L=>-?@02>2V A8AB5<8 A2VBC. "5<0 5. >=OBBO, 7<VAB B0 2848 F82V;L=8E ?@02>2V4=>A8=. (4;O A0<>ABV9=>3> 282G5==O) 8B0==O: >=OBBO F82V;L=>3> ?@02>2V4=>H5==O. ;5<5=B8 F82V;L=>3> ?@02>2V4=>H5==O. !C1 T:B8 F82V;L=8E ?@02>2V4=>A8=. 1 T:B8 F82V;L=8E ?@02>2V4=>A8=. >=OBBO B0 7<VAB AC1 T:B82=8E ?@02 B0 >1>2 O7:V2. 848 F82V;L=8E ?@02>2V4=>A8=. V4AB028 28=8:=5==O F82V;L=8E ?@02 B0 >1>2 O7:V2. "5<0 6. $V78G=0 >A>10 O: AC1 T:B F82V;L=8E 2V4=>A8=. 0240==O: 6. (52G5=:> 40;0 A2>T<C G>;>2V:>2V 20=C @>7?8A:C 2 B><C, I> ?V4 G0A A:;040==O 70?>2VBC 2>=0 7@>18BL ?@O<C 2:07V2:C ?@> CAC=5==O 2V4 A?04I8=8 A2>3> AB0@H>3> A8=0 5B@0. VA;O A<5@BV (52G5=:> 7 OAC20;>AO, I> C 70?>2VBV WW AB0@H89 A8= 5B@> 2:070=89 O: A?04:>T<5FL. 20= (52G5=:> 725@=C2AO 4> AC4C 7 ?>7>2>< ?@> 287=0==O 70?>2VBC =54V9A=8<, ?>A8;0NG8AL =0 ?8AL<>25 7>1>2 O70==O A2>TW ?><5@;>W 4@C68=8. 0 O:V ?8B0==O @>7@0E>20=0 FO 7040G0? /:5 @VH5==O 28=5A5 AC4? 7. !84>@5=:>, ?@0FNNG8 702V4CNG8< 2V44V;>< %0@:V2AL:>W <VAL:>W @048, 28@VH82 ?@8410B8 0:FVW 2V4:@8B>3> :FV>=5@=>3> B>20@8AB20 >A594>= (40;V  "), AB2>@5=>3> 2 ?@>F5AV ?@820B870FVW <09=0 45@602=>3> ?V4?@8T<AB20. >3> FV:02;OBL =0ABC?=V ?8B0==O: '8 2?@02V ?>A04>20 >A>10 1CB8 0:FV>=5@><? '8 ?@02><V@=8<8 1C;8 1 9>3> 4VW, O:18 2V= 28ABC?82 70A=>2=8:>< "? '8 7<V=8;8AO 1 2V4?>2V4V =0 ?>AB02;5=V ?8B0==O, O:18 2V= 1C2 CG0A=8:>< ", ?>2=>3> B>20@8AB20 01> :><0=48B=>3> B>20@8AB20? '8 22060NBLAO 0:FV>=5@8, 70A=>2=8:8 V CG0A=8:8 3>A?>40@AL:8E B>20@8AB2 ?V4?@8T<FO<8? '8 <>6=0 @>7FV=N20B8 701>@>=C =0 70=OBBO ?V4?@8T<=8FL:>N 4VO;L=VABN 4;O >:@5<8E :0B53>@V9 >AV1 O: >1<565==O ?@02>740B=>ABV DV78G=>W >A>18?  O:>3> <><5=BC (2V:C) C DV78G=8E >AV1 28=8:0T B0:89 5;5<5=B ?@02>740B=>ABV, O: ?@02> =0 ?V4?@8T<=8FL:C 4VO;L=VABL? 8. >=G0@5=:> 74V9A=N20;0 ?@820B=C =>B0@V0;L=C 4VO;L=VABL. W 1@0B  >48= V7 70A=>2=8:V2 B>20@8AB20 7 >1<565=>N 2V4?>2V40;L=VABN 04VO (40;V  "), 70?@>?>=C202 W9 ?@0FN20B8 2 =L><C N@8AB><, =0 I> >=G0@5=:> ?>3>48;0AL V AB0;0 4> @>1>B8. V7=02H8AL ?@> F5, ?@>:C@>@ @09>=C 28AC=C2 28<>3C ?@> 72V;L=5==O >=G0@5=:> 7 @>1>B8 C " =0 ?V4AB02V B>3>, I> =>B0@VCA8 =5 <0NBL ?@020 709<0B8AO ?V4?@8T<=8FL:>N 4VO;L=VABN. 0 F5 >=G0@5=:> 2V4?>2V;0, I>, ?>-?5@H5, 2>=0 ?@0FNT 70 B@C4>28< 4>3>2>@>< C ", >B65 ?V4?@8T<=8FL:>N 4VO;L=VABN =5 709<0TBLAO. >-4@C35, C 72 O7:C 7 B8<, I> 2>=0 T ?@820B=8<, 0 =5 45@602=8< =>B0@VCA><, =0 =5W =5 ?>H8@NNBLAO 28<>38 701>@>=8, V 27030;V, 701>@>=0 ?@0FV2=8:0< =>B0@V0BC 709<0B8AO ?V4?@8T<=8FL:>N 4VO;L=VABN T >1<565==O< WE F82V;L=>W ?@02>740B=>ABV. 0 O:5 :>;> ?8B0=L @>7@0E>20=5 70240==O? 8@VHVBL A?@02C. 9. "@8=04FOB8@VG=89 !0H:> 70 CG0ABL C B5;52V7V9=8E ?5@540G0E >B@8<02 28=03>@>4C C AC<V 50 3@=. 0 FV 3@>HV 2V= :C?82 <0@:5@ (7 3@=.) V 5;5:B@>==89 :0;L:C;OB>@ (40 3@=.). 0BL:8 !0H:0 28@VH8;8, I> 2V= =5@>7C<=> 28B@0B82 3@>HV, >A:V;L:8 2 AV< W T 265 45:V;L:0 <0@:5@V2 V :0;L:C;OB>@. >=8 2V4=5A;8 ?>:C?:8 4> :@0<=8FV, 28<030NG8 2V4 48@5:B>@0 ?>25@=5==O 3@>H59. 8@5:B>@ 2V4<>282AO 704>2>;L=8B8 WE 28<>3C, ?>OA=NNG8 F5 BV<, I> E;>?G8: 7@>182 ?>:C?:8 70 2;0A=V 3@>HV, O:8<8 =5?>2=>;VB=V >A>18 2?@02V @>7?>@O460B8AO A0<>ABV9=>. 8@VHVBL A?@02C. 10. V:B>@ =02G02AO 2 :>;546V. @8 28?;0BV AB8?5=4VW :0A8@ 70?@>?>=C202 9><C ?@8410B8 1V;5B 3@>H>2>-@5G>2>W ;>B5@5W. 0 F59 1V;5B 28?02 283@0H  ?@0;L=0 <0H8=0 20@BVABN 2,5 B8A. 3@=. 5 ?>@0482H8AL 7 10BL:0<8, V:B>@ >B@8<02 2AN AC<C 283@0HC V ?@84102 0:FVW 0:FV>=5@=>3> B>20@8AB20 C?'O=AL:89 <>;>G=>-:>=A5@2=89 :><1V=0B. '5@57 45O:89 G0A 10BL:8 V:B>@0 4>2V40;8AL ?@> F5, 0 B0:>6 ?@> B5, I> :C@A ?@8410=8E =8< 0:FV9 @V7:> 2?02 V 725@=C;8AL 70 ?>@04>N 4> 042>:0B0. 42>:0B, 7 OAC202H8, I> V:B>@C 28?>2=8;>AL 14 @>:V2 ?VA;O ?@8410==O =8< 0:FV9, ?>@5:><5=4C202 10BL:0< V:B>@0 725@=CB8AO 7 ?>7>2>< 4> AC4C ?@> 287=0==O C:;045=8E =8< 4>3>2>@V2 =54V9A=8<8. '8 2V@=C ?>@04C 402 042>:0B? /:89 >1AO3 G0AB:>2>W B0 =5?>2=>W F82V;L=>W 4VT740B=>ABV? 11. !5@54=V9 70@>1VB>: 17-@VG=>3> ;5:ATT20, O:89 ?@0FN202 2 0:FV>=5@=><C B>20@8AB2V, A:;0402 450 3@=. =0 <VAOFL. V= 28@VH82 ?@8410B8 ?@>3@020G :><?0:B-48A:V2, 0 4;O FL>3> ?@>40B8 :C?;5=89 @0=VH5 <03=VB>D>=. ;5:ATT2 ?@>402 <03=VB>D>= ?>:C?F52V, O:89 7>1>2 O702AO 70?;0B8B8 G5@57 10 4=V2 =5>1EV4=C AC<C 3@>H59. V7=02H8AL ?@> F59 ?@02>G8=, <0B8 ;5:ATT20 70O28;0 28<>3C ?@> 9>3> @>7V@20==O V ?>25@=5==O <03=VB>D>=C. @8 FL><C 2>=0 2:070;0, I> B0:89 4>3>2V@ AC?5@5G8BL V=B5@5A0< WW A8=0, >A:V;L:8 B>9 27030;V <>65 =5 >B@8<0B8 3@>H59 2V4 ?>:C?FO. >:C?5FL 70O282, I> <0B8 =5 <>65 2B@CG0B8AO 2 A?@028 A2>3> A8=0, 1> B>9 ?@0FNT, 0 <03=VB>D>= 1C2 :C?;5=89 >AB0==V< 70 2;0A=V :>HB8 V T 9>3> ?@820B=>N 2;0A=VABN. 0 O:5 :>;> ?8B0=L @>7@0E>20=5 70240==O? 8@VHVBL A?@02C. 12. 16-@VG=89 =4@V9 ?>ABC?82 =0 @>1>BC 2 B>20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN (40;V  "). '5@57 :V;L:0 <VAOFV2 4> 48@5:B>@0 " ?@89H>2 10BL:> =4@VO V A:0702, I> A8= =5@>7C<=> 28B@0G0T A2V9 70@>1VB>: - :C?CT 4C65 4>@>3V @5GV, 2V42V4CT :0D5 B0 1V;LO@4=C V B>I>.  B>9 65 G0A AV< O 7=0E>48BLAO 2 A:@CB=><C <0B5@V0;L=><C AB0=>28IV, >A:V;L:8 >:@V< =4@VO T I5 42>T <0;>;VB=VE 4VB59, 0 <0B8 =4@VO =5?@0F5740B=0 70 AB0=>< 74>@>2 O. 8@5:B>@ 7 @>7C<V==O< ?>AB0282AO 4> ?@>1;5<8 AV< W V @>7?>@O482AO 284020B8 =4@VN =0 @C:8 ;8H5 G0AB8=C 70@?;0B8, 0 @5HBC 284020B8 9>3> 10BL:0<. '8 ?@028;L=> 7@>182 48@5:B>@? 13. 16-@VG=89 @8F5=:> ?@0FN202 @50;V70B>@>< C ?@820B=>3> ?V4?@8T<FO =0 ?V4AB02V B@C4>2>3> 4>3>2>@C. 060NG8 ?@8410B8 :><? NB5@, 2V= C:;02 4>3>2V@ ?>78:8 =0 AC<C, 5:2V20;5=B=C 1 B8A. 4>;0@V2 !(. >2V402H8AL ?@> F5, 10BL:8 @8F5=:0 70O28;8 28<>3C ?@> @>7V@20==O 4>3>2>@C, C:;045=>3> 157 WE 73>48. >78:>4025FL >20;LGC: 2V4<>282AO @>7V@20B8 4>3>2V@, ?>A8;0NG8AL =0 B5, I> @8F5=:> ?@0FNT 70 B@C4>28< 4>3>2>@><, <0T A0<>ABV9=89 70@>1VB>: V B><C ?>28=5= 22060B8AO ?>2=VABN 4VT740B=8<. @30= >?V:8 V ?V:;C20==O, 4> O:>3> 725@=C;8AO 10BL:8 70 @>7 OA=5==O<, 73>45= 70 A2>W< @VH5==O< =040B8 =5?>2=>;VB=L><C @8F5=:> ?>2=>W F82V;L=>W 4VT740B=>ABV, 0;5 BV;L:8 70 73>4>N 10BL:V2. @8 FL><C 10BL:8 1C;8 ?>?5@5465=V, O:I> 2>=8 =5 ?>3>4OBLAO, >20;LGC: 7<>65 725@=CB8AO 7 ?>7>2>< 4> AC4C ?@> 287=0==O @8F5=:0 ?>2=VABN 4VT740B=8<. !B>@>=8 =5 4V9H;8 73>48 V 725@=C;8AL 70 @>7 OA=5==O< 4> N@8AB0. /:5 @>7 OA=5==O W< =0;568BL 40B8? /:V ?V4AB028 B0 ?>@O4>: =01CBBO DV78G=>N >A>1>N ?>2=>W F82V;L=>W 4VT740B=>ABV 4> 4>AO3=5==O =5N ?>2=>;VBBO? 14. T>=>2 ?@>402 A2>T<C 7=09><><C 5<845=:C D>B>0?0@0B 70 100 3@=. 0ABC?=>3> 4=O 4> 5<845=:0 725@=C;0AO 4@C68=0 T>=>20, O:0 ?>OA=8;0, I> WW G>;>2V: >1<565=89 C 4VT740B=>ABV 2=0A;V4>: 7;>26820==O A?8@B=8<8 =0?>O<8 V B><C =5 <02 ?@020 A0<>ABV9=> C:;040B8 ?@02>G8=, 0 2>=0 =5 4020;0 73>48 =0 9>3> C:;045==O. 5<845=:> 70C20682, I> 2V4 T>=>20 2V= 4V7=02AO, I> B>9 283@02 D>B>0?0@0B ?> ;>B5@59=><C 1V;5BC V <>65 A0<>ABV9=> =8< @>7?>@O460B8AO. 0 O:5 :>;> ?8B0=L @>7@0E>20=5 70240==O? /: B@510 28@VH8B8 A?V@? 15. "0B0@G5=:> ?@84102 2 <03078=V <C78:0;L=8E V=AB@C<5=BV2 :>=F5@B=89 @>O;L. 0ABC?=>3> 4=O 4> 48@5:B>@0 <03078=C ?@89H;0 9>3> 4@C68=0 7 28<>3>N ?@89=OB8 @>O;L =0704 V ?>25@=CB8 >B@8<0=C <03078=>< 3@>H>2C AC<C. @8 FL><C 2>=0 ?>OA=8;0, I> G>;>2V: E2>@VT =0 H87>D@5=VN, ?5@51C20T =0 >1;V:C C ?A8E>=52@>;>3VG=><C 48A?0=A5@V, 0 2>=0 =091;86G8< G0A>< 718@0;0AO 725@=CB8AO 4> AC4C V7 70O2>N ?@> 287=0==O 9>3> =54VT740B=8<. @>4025FL, O:89 >D>@<;O2 :C?V2;N @>O;N, ?>2V4><82, I> ?>254V=:0 "0B0@G5=:0 =5 A2V4G8;0 ?@> 9>3> ?A8EVG=V 2048. 02?0:8, >AB0==V9 ?@8 28?@>1C20==V V=AB@C<5=BC 28:>=02 =0 28A>:><C ?@>D5AV9=><C @V2=V 45:V;L:0 B5E=VG=> A:;04=8E C@82:V2 V7 B2>@V2 5BE>25=0 V '09:>2AL:>3>. 0 F5 4@C68=0 "0B0@G5=:0 =040;0 <548G=C 4>2V4:C, 2 O:V9 707=0G0;>AL, I> "0B0@G5=:> ?@>BO3>< :V;L:>E @>:V2 AB@0640T ?5@V>48G=8<8 =0?040<8 H87>D@5=VW, O:V 70 >AB0==V <VAOFV ?>G0ABVH0;8, 0;5 2 ?@><V6:0E <V6 =8<8 2V= 740B=89 CA2V4><;N20B8 A2>W 4VW V :5@C20B8 =8<8. '8 T ?V4AB028 4;O 287=0==O ?@02>G8=C =54V9A=8<? 16. @820B=89 ?V4?@8T<5FL @B5<5=:>, O:89 709<02AO B>@3V2;5N G>;>2VG>3> 27CBBO, 19 ;8?=O 2004 @. 28WE02 7 <VAB0 %0@:>20 =0 2;0A=><C 02B><>1V;V $>@4- "@0=7VB 4> >;LIV 70 ?0@BVTN 27CBBO D01@8:8 >@4. 20 ;8?=O 2V= 70B5;5D>=C202 A2>W9 4@C68=V 7 02B><>1V;L=>3> ?5@5E>4C @0:>25FL, ?VA;O G>3> =VO:8E 2V4><>AB59 2V4 =L>3> =5 =04E>48;>.  A5@?=V 2005 @. 70 70O2>N 4@C68=8, @B5<5=:0 287=0=> AC4>< 1572VA=> 2V4ACB=V<.  F59 65 G0A =0 04@5AC @B5<5=:> =04V9H;0 CE20;0 3>A?>40@AL:>3> AC4C ?@> 2V4:@8BBO ?@>20465==O ?> A?@02V 70 ?>7>2>< B>@3>25;L=>3> :><?;5:AC 4> ?@820B=>3> ?V4?@8T<FO @B5<5=:0 ?@> ABO3=5==O 701>@3>20=>ABV 70 4>3>2>@>< :>@8ABC20==O :>=B59=5@0<8 4;O 715@V30==O B>20@V2. @54 O2;5=> ?@5B5=7VW 45:V;L:>E :>=B@035=BV2, O:V ?5@5@0EC20;8 :>HB8 70 4>3>2>@0<8 :C?V2;V-?@>406C 27CBBO =0 @0EC=>: @B5<5=:0, 0;5 B>20@ =5 >B@8<0;8. @C68=0 @B5<5=:0 725@=C;0AL 4> 042>:0B0. )> <>65 ?>@048B8 042>:0B C FV9 A8BC0FVW? 17. @><04O=8= #:@0W=8 >@>=5=:> C:;02 3-<VAOG=89 :>=B@0:B 7 0<5@8:0=AL:>N 1C4V25;L=>N :><?0=VTN V 28WE02 =0 @>1>BC 4> LN->@:0. V4 G0A B@0354VW, I> AB0;0AO 11 25@5A=O 2001 @., >@>=5=:>, 70 A2V4G5==O< ?@0FV2=8:V2 :><?0=VW, 7=0E>482AO =0 81 ?>25@AV A5A2VB=L>3> B>@3>25;L=>3> F5=B@C, 45 28:>=C202 @>1>B8 2 >4=><C 7 >DVAV2 5;5:B@>==>W :><?0=VW 09:@>A>DB. VA;O B@0354VW 2V= 1V;LH5 =5 B5;5D>=C202 A2>W9 4@C68=V. 0 WW 70?8B8 C@O4 !( ?>2V4><82, I> A5@54 ?>@0=5=8E, 0 B0:>6 70381;8E >@>=5=:0 =5 7=0945=>. @C68=0 >@>=5=:0 725@=C;0AL 4> AC4C 7 70O2>N ?@> 2AB0=>2;5==O D0:BC A<5@BV WW G>;>2V:0, >A:V;L:8 W9 V 4VBO< ?>28==0 1CB8 ?@87=0G5=0 ?5=AVO C 72 O7:C 7 2B@0B>N 3>4C20;L=8:0. "0:>6 F5 =5>1EV4=> 4;O >B@8<0==O AB@0E>2>W AC<8 70 4>3>2>@>< >A>18AB>3> AB@0EC20==O, I> 1C2 C:;045=89 WW G>;>2V:><. 0 O:5 :>;> ?8B0=L @>7@0E>20=5 70240==O?  G><C ?>;O30T @V7=8FO <V6 2AB0=>2;5==O< D0:BC A<5@BV B0 >3>;>H5==O< DV78G=>W >A>18 ?><5@;>N? 18. V6 ?>4@C66O< $5=V=8E A:;0;8AO =5?@8O7=V AB>AC=:8. # 25@5A=V 2004@. G>;>2V: 28WE02 4> <. 45A8 =0 ?>ABV9=5 <VAF5 ?@>6820==O, 0 2 ;8AB>?04V FL>3> 6 @>:C ?@8A;02 4@C68=V ;8AB0 7 <. C30=AL:0. V;LH5 6>4=8E ?>2V4><;5=L 2V4 =L>3> =5 =04E>48;>. # 15@57=V 2007 @. 4@C68=0 725@=C;0AO 4> AC4C 7 70O2>N ?@> >3>;>H5==O WW G>;>2V:0 ?><5@;8<, I> V 1C;> 7@>1;5=>. 45@602H8 A2V4>FB2> ?@> ?@02> =0 A?04I8=C, $5=V=0 ?@>40;0 <09=>, O:5 =0;560;> G>;>2V:>2V =0 ?@02V ?@820B=>W 2;0A=>ABV (>4O3, AB5@5>A8AB5<C, 02B><>1V;L ?5;L-5:B@0), 0 H:V@O=89 ?;0I ?>40@C20;0 A2>T<C 1@0B>2V. @V< FL>3>, 2>=0 ?@>40;0 1C48=>:, ?5@51C4>20=89 ?>4@C66O< ?V4 G0A AC<VA=>3> ?@>6820==O. =H5 <09=> G>;>2V:0 (7>;>B89 3>48==8:, :>;5:FVN <>=5B) 2>=0 715@53;0. '5@57 45O:89 G0A $5=V=0 289H;0 70<V6. # ;8AB>?04V 2007 @. $5=V= ?>25@=C2AO, ?>OA=82H8 A2>N 2V4ACB=VABL B8<, I> 4>2389 G0A BO6:> E2>@V2 V =5 E>BV2 >1BO6C20B8 6V=:C :;>?>B0<8. VA;O @>7<>28 7 :>;8H=L>N 4@C68=>N 2V= 725@=C2AO 4> ?@>:C@0BC@8 7 28<>3>N A:0AC20B8 @VH5==O AC4C ?@> >3>;>H5==O 9>3> ?><5@;8<, 22060NG8, I> AC4 28=VA @VH5==O =570:>==>, 0 B0:>6 70O282 ?>7>2 ?@> ?>25@=5==O 02B><>1V;O, 1C48=:C, AB5@5>A8AB5<8, H:V@O=>3> ?;0I0 4> B8E >AV1, I> WE ?@8410;8, 0 4> :>;8H=L>W 4@C68=8 ?>7>2 ?@> ?>25@=5==O 715@565=8E =5N @5G59 V 28?;0B8 20@B>ABV <09=0, O:5 =5N 1C;> 2V4GC65=5, 0;5 2;0A=8:V2 O:>3> 7=09B8 =5 240;>AO. 0 O:5 ?8B0==O B5<8 @>7@0E>20=5 F5 70240==O ? 8@VHVBL A?@02C. 19. @548B>@8 ?@820B=>3> ?V4?@8T<FO 725@=C;8AL 2 N@848G=C :>=AC;LB0FVN 7 =0ABC?=8<8 ?8B0==O<8: '8 =5A5 >AB0==V9 2V4?>2V40;L=VABL O: ?V4?@8T<5FL ?> 4>3>2>@0<, C:;045=8< =8< 4> @5TAB@0FVW C AB0BCAV ?V4?@8T<FO? '8 70AB>A>2CNBLAO =>@<0B82=>-?@02>2V 0:B8, I> @53C;NNBL ?V4?@8T<=8FL:C 4VO;L=VABL N@848G=8E >AV1 4> ?V4?@8T<=8FL:>W 4VO;L=>ABV DV78G=8E >AV1? '8 <>65 DV78G=0 >A>10-?V4?@8T<5FL 1CB8 287=0=0 10=:@CB>< V O:V ?@02>2V =0A;V4:8 FL>3>? 0 O:5 <09=> <>65 1CB8 725@=5=> ABO3=5==O 70 1>@30<8 DV78G=>W >A>18-?V4?@8T<FO? !;V4 2@0EC20B8, I> 70 <VAOFL 4> 725@=5==O :@548B>@V2 7 ?>7>2>< 4> 3>A?>40@AL:>3> AC4C ?@820B=89 ?V4?@8T<5FL ?>40@C202 02B><>1V;L VAA0=-0:AV<0, 0 B0:>6 :>B546 A2>W9 4@C68=V. '8 <>65 =0 F5 <09=> 1CB8 =0:;045=> 0@5HB 7 <5B>N 70157?5G5==O ?>7>2C? 09B5 2V4?>2V4V =0 70?8B0==O. "5<0 7. .@848G=0 >A>10 O: AC1 T:B F82V;L=8E ?@0>2V4=>A8=. 0240==O: 20. ">20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN 15@V3, 0:FV>=5@=5 B>20@8AB2> ;0AB0, I> A:;040TBLAO 7 >4=VTW >A>18, 0 B0:>6 >;C=8FO, >;:>2 B0 6C=L 28@VH8;8 AB2>@8B8 3>A?>40@AL:5 B>20@8AB2>, >A=>2=>N 4VO;L=VABN O:>3> 1C45 1C4V2=8FB2> 68B;>28E 1C48=:V2. 0A=>2=8:V2 FL>3> B>20@8AB20 FV:028BL @O4 ?8B0=L: '8 <>6CBL 2>=8 AB2>@8B8 3>A?>40@AL:5 B>20@8AB2> C D>@<V 0:FV>=5@=>3> B>20@8AB20 (40;V - ")? '8 ?>B@V1=> W< 70:;NG0B8 <V6 A>1>N 4>3>2V@, O:V 9>3> D>@<0 V 7<VAB? '8 =5ACBL 70A=>2=8:8 " 2V4?>2V40;L=VABL ?5@54 B@5BV<8 >A>10<8 70 7>1>2 O70==O<8, I> 28=8:;8 4> @5TAB@0FVW " V O:0 FO 2V4?>2V40;L=VABL?  O:8E 28?04:0E " 1C45 =5AB8 2V4?>2V40;L=VABL 70 7>1>2 O70==O<8 70A=>2=8:V2, I> ?>2 O70=V 7 9>3> AB2>@5==O<? /:V ?>B@V1=V CAB0=>2GV 4>:C<5=B8 " B0 O:89 WE=V9 7<VAB? /: CB2>@NTBLAO AB0BCB=89 :0?VB0; ", O: 2V41C20TBLAO 9>3> 71V;LH5==O B0 7<5=H5==O? /:V >@30=8 C?@02;V==O AB2>@NNBLAO 2 " V O:V WE=V DC=:FVW?  O:><C ?>@O4:C " 74V9A=NT @>7?>2AN465==O A2>WE 0:FV9? /:V ?@020 V >1>2 O7:8 0:FV>=5@V2? 09B5 2V4?>2V4V =0 70?8B0==O. # O:8E I5 D>@<0E <>6CBL AB2>@N20B8AO ?V4?@8T<=8FL:V B>20@8AB20? 21. 5?V4?@8T<=8FL:5 B>20@8AB2> %0@:V2AL:0 G;5=AL:0 1;03>4V9=0 >@30=V70FVO 8;>A5@4O (40;V - >@30=V70FVO), 28E>4OG8 7 B>3>, I> 70:>=>402AB2>< W9 4>72>;OTBLAO 74V9A=N20B8 ?V4?@8T<=8FL:C 4VO;L=VABL, ?@89=O;> @VH5==O ?@> AB2>@5==O B>20@8AB20 >4=VTW >A>18 !?@8O==O (40;V - B>20@8AB2>), 4VO;L=VABL O:>3> ?5@5410G0T, 7>:@5<0 B>@3V2;N B>20@0<8 H8@>:>3> 268B:C. @30=V70FVO, :5@CNG8AL AB. 86 &, ?@89=O;0 @VH5==O ?@> @>7H8@5==O :>;0 A2>TW 4VO;L=>ABV V C:;0;0 45:V;L:0 4>3>2>@V2 :C?V2;V-?@>406C 30;0=B5@59=8E B>20@V2, G>;>2VG>3> V 6V=>G>3> >4O3C. 5@602=0 ?>40B:>20 V=A?5:FVO (40;V  ), 74V9A=NNG8 ?5@52V@:C 4VO;L=>ABV >@30=V70FVW, ?>AB028;0 ?8B0==O ?@> =570:>==VABL 2:070=8E 4V9, 707=0G82H8, I> >@30=V70FVO =5 <>65 709<0B8AO 1C4L-O:8< 284>< ?V4?@8T<=8FL:>W 4VO;L=>ABV, 2:;NG0NG8 B>@3V2;N, 4>:8 =5 1C45 2=5A5=> 7<V= 4> WW AB0BCBC. >;>20 ?@02;V==O, 70?5@5GCNG8 ?@>B8 28A=>2:V2 , 2:0702, I> >@30=V70FVO 709<0TBLAO ?V4?@8T<=8FL:>N 4VO;L=VABN 28:;NG=> 7 <5B>N >B@8<0==O 4>40B:>28E :>HBV2, O:V ?;0=CTBLAO @>7?>4V;OB8 <V6 V=20;V40<8 - 70A=>2=8:0<8 FVTW >@30=V70FVW. V6 B8< C ?>40;LH><C >@30=V70FVO 73>4=0 2=5AB8 7<V=8 4> A2>3> AB0BCBC V 2:070B8 ?52=V 2848 ?V4?@8T<=8FL:>W 4VO;L=>ABV O: 2848 A2>TW 157?>A5@54=L>W 4VO;L=>ABV. >;>20 ?@02;V==O E>G5 B0:>6 7 OAC20B8, G8 <>6CBL 70A=>2=8:8 - V=20;V48 C 28?04:C ?@8?8=5==O 4VO;L=>ABV >@30=V70FVW @>7?>4V;8B8 <V6 A>1>N 70;8H:8 3@>H>28E AC< V <09=0 >@30=V70FVW. 0 O:5 :>;> ?8B0=L @>7@0E>20=5 F5 70240==O? >OA=VBL 4>2>48 AB>@V= V 28@VH8BL A?@02C. 22. @><04O=8 #:@0W=8 C4@O B0 >@>=0, 0 B0:>6 3@-= V<5GG8=8 >;OG>: 28@VH8;8 AB2>@8B8 AB@0E>2C :><?0=VN C D>@<V B>20@8AB20 7 >1<565=>N 2V4?>2V40;L=VABN. 5@CNG8AL AB. 91 &, 70A=>2=8:8 28E>48;8 7 B>3>, I> AB@0E>20 :><?0=VO <>65 74V9A=N20B8 1C4L-O:89 7 284V2 ?V4?@8T<=8FL:>W 4VO;L=>ABV, 0 >A>18AB5 AB@0EC20==O, <09=>25 AB@0EC20==O, AB@0EC20==O 2V4?>2V40;L=>ABV, ?5@5AB@0EC20==O B0 DV=0=A>2C 4VO;L=VABL, ?>2 O70=C 7 D>@<C20==O<, @>7<VI5==O< AB@0E>28E @575@2V2 B0 WE C?@02;V==O< - BV;L:8 ?VA;O >B@8<0==O 2V4?>2V4=8E ;VF5=7V9. &5 V 7=09H;> 2V4>1@065==O 2 AB0BCBV. @>B5 W< 1C;> 2V4<>2;5=> C @5TAB@0FVW AB@0E>2>W :><?0=VW. 0 O:5 :>;> ?8B0=L @>7@0E>20=> F5 70240==O? >7 OA=VBL 2:070=8< >A>10< ?>@O4>: AB2>@5==O AB@0E>2>W :><?0=VW. 23. ">20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN .=VABL (40;V - ") 1C;> 70@5TAB@>20=> 70 04@5A>N >4=>3> 7 9>3> 70A=>2=8:V2, O:89 ?V7=VH5 281C2 7 G8A;0 CG0A=8:V2 ". # 72 O7:C 7 F8< >AB0==T 1C;> 7<CH5=> C:;0AB8 4>3>2V@ >@5=48 68;>3> ?@8<VI5==O 7 20=>28<, 45 V @>7<VAB8;> A2V9 >@30= C?@02;V==O. =HV ?V4@>74V;8 " 1C;8 @>7B0H>20=V 2 V=H8E <VAFOE. 0 >4=8< 7 4>3>2>@V2 ?V4@O4C " =5 28:>=0;> A2>WE 7>1>2 O70=L V :>=B@035=B =0?@0282 ?@5B5=7VN " =0 04@5AC, 70 O:>N 7=0E>482AO >@30= C?@02;V==O >AB0==L>3>. 5 >B@8<02H8 C ?52=89 AB@>: 2V4?>2V4V =0 ?@5B5=7VN, :>=B@035=B 28@VH82 725@=CB8AO 7 ?>7>2>< 4> 3>A?>40@AL:>3> AC4C. 0 O:5 ?8B0==O @>7@0E>20=> F5 70240==O? 24. 8AL<5==89 - 3>;>20 ?@02;V==O 0:FV>=5@=>3> B>20@8AB20 !2VB;0=0 (40;V - ") 74V9A=82 2V4GC65==O >4=>3> 7 ?@8<VI5=L, O:5 =0;560;> " =0 ?@02V 2;0A=>ABV, C:;02H8 4>3>2V@ :C?V2;V-?@>406C 7 DV78G=>N >A>1>N-?V4?@8T<F5< A8?>28<. " 725@=C;>AO 7 ?>7>2=>N 70O2>N 4> 3>A?>40@AL:>3> AC4C ?@> 287=0==O FL>3> 4>3>2>@C =54V9A=8<, <>B82CNG8 F5 B8<, I> 2V4?>2V4=> 4> AB0BCBC " 8AL<5==89 =5 <02 =0;56=> >D>@<;5=8E ?>2=>2065=L I>4> C:;045==O FL>3> 4>3>2>@C. 8@VH5==O ?8B0=L ?@> 2V4GC65==O ?@8<VI5=L T 28:;NG=>N :><?5B5=FVTN 7030;L=8E 71>@V2 ". VH5==O< 3>A?>40@AL:>3> AC4C 4>3>2V@ :C?V2;V-?@>406C ?@8<VI5==O " 1C;> 287=0=> =54V9A=8<. A8?>2 =5 ?>3>482AO 7 ?@89=OB8< @VH5==O< V >A:0@682 9>3> 4> 0?5;OFV9=>3> 3>A?>40@AL:>3> AC4C. 0 O:5 :>;> ?8B0=L @>7@0E>20=> F5 70240==O? /:C ?>AB0=>2C <0T ?@89=OB8 0?5;OFV9=89 3>A?>40@AL:89 AC4? 25. 0A8;L:> ?@54 O28;0 ?>7>2 ?@> 287=0==O G0AB:>2> =54V9A=8< 70?>2VBC A2>3> 10BL:0, O:89 70;8H82 W9 :20@B8@C, 02B><>1V;L, @5GV 4><0H=L>3> 268B:C V 7>1>2 O702 >AB0==N 2AV 3@>HV, I> 7=0E>48;8AL =0 9>3> 10=:V2AL:><C @0EC=:C, A?@O<C20B8 =0 AB2>@5==O ?@820B=>W <C78G=>W H:>;8. >=L:0 22060T, I> 2 G0AB8=V A?@O<C20==O :>HBV2 =0 AB2>@5==O ?@820B=>W <C78G=>W H:>;8 B@510 287=0B8 70?>2VB =54V9A=8< 2 72 O7:C 7 B8<, I> 10BL:> 70 68BBO =5 709<02AO AB2>@5==O< FVTW H:>;8, 0 2>=0 =5 T D0EV2F5< 2 FV9 A?@02V V =5 7<>65 C?@02;OB8 H:>;>N =02VBL O:I> 9 AB2>@8BL WW. > B>3> 6 WW 1@0B, O:89 ?@0FNT N@8AB><, 70?52=82 WW, I> E>G0 H:>;0, O: N@848G=0 >A>10 V 2V4?>2V40T 70 A2>W<8 7>1>2 O70==O<8 :>HB0<8, I> 7=0E>4OBLAO 2 WW @>7?>@O465==V, 0;5 ?@8 WE =54>AB0B=>ABV 0A8;L:> O: 2;0A=8FO FVTW H:>;8, 1C45 =5AB8 AC1A84V0@=C 2V4?>2V40;L=VABL. 0 O:5 ?8B0==O @>7@0E>20=> F5 70240==O? /: 1C45 28@VH5=0 A?@020? 26. ">20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN /2V@ (40;V  "), O:5 1C;> AB2>@5=> 2 <. %0@:>2V (8W2AL:89 @-=) C 2004 @>FV V 709<0;>AO 28@>1=8FB2>< <51;V2, 28@VH8;> AB2>@8B8 2 <. N1>B8=V, 45 2 =L>3> 1C;8 :>=B@035=B8, 2V4>:@5<;5=89 ?V4@>74V;, O:89 18 ?@54AB02;O2 V 70E8I02 9>3> V=B5@5A8 B0 74V9A=N202 18 2AV 01> ?52=C G0AB8=C 9>3> DC=:FV9. 0 7030;L=8E 71>@0E CG0A=8:V2 " @VH5==O AB>A>2=> B>3>, I> F5 1C45  DV;VO G8 ?@54AB02=8FB2>, ?@89=OB> =5 1C;> V 28@VH5==O FL>3> ?8B0==O ?5@540;8 35=5@0;L=><C 48@5:B>@C ". AB0==V9 @>7@>182 >;>65==O ?@> ?@54AB02=8FB2> ", 2:0702H8 2 =L><C, I> >AB0==T T 2V4>:@5<;5=8< AB@C:BC@=8< ?V4@>74V;>< ", =5 T N@848G=>N >A>1>N V <0T ?@02> 28ABC?0B8 2 V=B5@5A0E V 2V4 V<5=V ", 74V9A=NNG8 ?@02>G8=8 B0 V=HV N@848G=V 0:B8 =0 ?V4AB02V FL>3> >;>65==O. @V< B>3> 2 >;>65==V 1C;> 707=0G5=>, I> ?@54AB02=8FB2> ?5@54 :>=B@035=B0<8 =5A5 A0<>ABV9=C 2V4?>2V40;L=VABL, 1> " ?5@540T 9><C C 2;0A=VABL G0AB8=C A2>3> <09=0. .@8A:>=AC;LB ", >B@8<02H8 >;>65==O, 7@>182 70C2065==O, 7 O:8<8 35=5@0;L=89 48@5:B>@ =5 ?>3>482AO V 725@=C2AO 70 @>7 OA=5==O< 4> =570;56=>3> D0EV2FO. /:5 @>7 OA=5==O B@510 40B8? '8 ?>H8@NNBLAO =0 ?@54AB02=8FB2> N@848G=>W >A>18 ?@028;0 AB. 243 & ><5@FV9=5 ?@54AB02=8FB2>? 27. V4 G0A @>1>B8 ?>2=>3> B>20@8AB20 ;V<>2 V :><?0=VO (40;V - B>20@8AB2>), O:5 709<0;>AO 28@>IC20==O< :@>;V2 V 283>B>2;5==O< H0?>: B0 :>6CH:V2 7 WE ECB@0, 28=8:;0 =87:0 ?8B0=L, O:V CG0A=8:8 A0<>ABV9=> =5 <>6CBL 28@VH8B8, 0 A0<5: 1. /:V ?@02>2V =0A;V4:8 B>3>, I> >48= 7 CG0A=8:V2 B>20@8AB20 5B@>2 AB02 CG0A=8:>< I5 >4=>3> ?>2=>3> B>20@8AB20? 2. ">20@8AB2>< 1C2 C:;045=89 4>3>2V@ :C?V2;V H:V@>: :@>;V2, O:V 28O28;8AO =54>1@>O:VA=8<8. >3>2V@ ?V4?8AC202 !<8@=>2, 0;5 28O28;>AL, I> 2 70A=>2=8FL:><C 4>3>2>@V 287=0G5=>, I> 2545==O A?@02 B>20@8AB20 4>@CG5=> ;V<>2C. !<8@=>2 AB25@46C202, I> 2V= ?V4?8A02 4>3>2V@ 70 4>@CG5==O< ;V<>20. '8 <0T 2:070=89 4>3>2V@ N@848G=C A8;C 4;O B>20@8AB20? 3. >:C?FO<8 ?@>4C:FVW B>20@8AB20 1C;> 70O2;5=> ?@5B5=7VW AB>A>2=> O:>ABV ?>H8BBO :0?5;NH:V2 B0 :>6CH:V2. 48= 7 CG0A=8:V2 VH8=, O:89 709<0TBLAO 28@>IC20==O< :@>;V2, 22060T, I> =0 =L>3> =5 ?>H8@NNBLAO 7>1>2 O70==O I>4> ?>H8BBO :0?5;NEV2 B0 :>6CH:V2 V 2V= =5 =5A5 2V4?>2V40;L=>ABV 70 FN 4V;O=:C @>1>B8. &5 7=09H;> A2>T 70:@V?;5==O V 2 70A=>2=8FL:><C 4>3>2>@V. '8 2V4?>2V40T F5 70:>=C? 4. 48= 7 CG0A=8:V2 B>20@8AB20 >B>2 E>BV2 18 28:>@8AB0B8 <09=> B>20@8AB20 (H259=C <0H8=:C, =8B:8, =>68FV B>I>) 4;O B>3>, I>1 C 2V;L=89 G0A V7 H:V@, O:V =0;560BL 9><C =0 ?@02V ?@820B=>W 2;0A=>ABV, H8B8 :0?5;NE8 V ?@>4020B8 WE =0 1070@V. =HV CG0A=8:8 B>20@8AB20 7 F8< =5 ?>3>46CNBLAO. %B> 7 =8E 70 70:>=>< ?@0289? 5. #G0A=8: B>20@8AB20 V<0@V= 70 9>3> 2;0A=8<8 7>1>2 O70==O<8 ?>28=5= A?;0B8B8 :@548B>@0< 1000 3@=. # 72 O7:C 7 =54>AB0B=VABN C =L>3> <09=0 :@548B>@8 AB02;OBL ?8B0==O ?@> 725@=5==O ABO3=5==O =0 G0AB:C >AB0==L>3> C A:;045=><C :0?VB0;V B>20@8AB20. '8 2V4?>2V40T F5 70:>=C? 6. 5:V;L:0 :@548B>@V2 725@=C;8AO 4> B>20@8AB20 7 28<>30<8 ?@> 2V4H:>4C20==O 718B:V2 70 =528:>=0==O >AB0==V< A2>WE 4>3>2V@=8E 7>1>2 O70=L. ">20@8AB2> =5 7<>3;> WE 704>2>;L=8B8 V :@548B>@8 28<030NBL ?@8BO3=5==O 4> 2V4?>2V40;L=>ABV 2AVE CG0A=8:V2 B>20@8AB20. 0 F59 G0A 2V41C;8AO 7<V=8 C A:;04V CG0A=8:V2 B>20@8AB20: 0@G5=:> B0 !84>@>2 289H;8 V7 B>20@8AB20 7 2;0A=>W V=VFV0B828 V 7 =8<8 74V9A=5=> @>7@0EC=:8 2 ?>2=><C >1AO7V. '8 ?>28==V 2>=8 =5AB8 2V4?>2V40;L=VABL? 09B5 2V4?>2V4V =0 70?8B0==O. 28. ><0=48B=5 B>20@8AB2> !<8A;>2 V :><?0=VO (40;V - B>20@8AB2>) ?@>BO3>< 42>E @>:V2 74V9A=N20;> @>1>B8 ?> @5<>=BC B0 >1A;C3>2C20==N :><? NB5@=>W B5E=V:8. 0 A?V;L=>N 73>4>N ?>2=8E CG0A=8:V2 1C;> ?@89=OB5 @VH5==O ?@> 7<V=C >A=>2=8E =0?@O<:V2 4VO;L=>ABV B>20@8AB20 V 74V9A=5==O 2 ?>40;LH><C B>@3>25;L=>W 4VO;L=>ABV. @>B5 2V4?>2V4=V 7<V=8 =5 1C;8 2=5A5=V 4> 70A=>2=8FL:>3> 4>3>2>@C B>20@8AB20 V G5@57 45O:89 G0A ?>40B:>20 V=A?5:FVO 28O28;0 @>71V6=>ABV <V6 4VO;L=VABN B>20@8AB20 V 2840<8 4VO;L=>ABV, I> 1C;8 70DV:A>20=V 2 4>3>2>@V, B0 ?@89=O;0 @VH5==O ?@> ABO3=5==O ?@81CB:V2 B>20@8AB20 2V4 B>@3>25;L=>W 4VO;L=>ABV 4> 45@602=>3> 1N465BC O: =570:>==8E. !<8A;>2, O:><C 2V4?>2V4=> 4> 70A=>2=8FL:>3> 4>3>2>@C 1C;> 4>@CG5=> 2545==O A?@02 B>20@8AB20, ?>OA=82, I> 70A=>2=8FL:89 4>3>2V@ <VAB8BL D@07C: B>20@8AB2> <0T ?@02> 709<0B8AO 2AV<0 2840<8 4VO;L=>ABV, O:V =5 701>@>=5=V 70:>=><, - B><C 2>=8 =5 22060;8 70 =5>1EV4=5 2=>A8B8 7<V=8 C 4>3>2V@. 48= 7 2:;04=8:V2 B>20@8AB20 CEV=, 4>2V402H8AL ?@> F5, 7060402 A:;8:0==O 71>@V2 CAVE ?>2=8E B>20@8HV2 V ?>G02 70?5@5GC20B8 ?@>B8 7<V=8 =0?@O<:C 4VO;L=>ABV B>20@8AB20, ?>A8;0NG8AL =0 B5, I> F5 265 ?@8725;> 4> 7<5=H5==O ?@81CB:C B>20@8AB20. =H89 2:;04=8: 5B@>2 @>7?>2V2, I> >48= 7 ?>2=8E B>20@8HV2 0<CB>2 AB02 CG0A=8:>< ?>2=>3> B>20@8AB20 0<CB>2 V :><?0=VO. # 2V4?>2V4L =0 F5 0<CB>2 =030402 5B@>2C, I> B>9 27030;V =5 <>65 2:07C20B8 9><C, O: A515 ?>2>48B8, 1> =5 7@>182 I5 2 ?>2=><C >1AO7V 2:;04 4> A:;045=>3> :0?VB0;C B>20@8AB20. 0 O:5 :>;> ?8B0=L @>7@0E>20=> 70240==O? 09B5 2V4?>2V4L =0 FV 70?8B0==O. '><C :><0=48B=5 B>20@8AB2> I5 =07820NBL B>20@8AB2>< =0 4>2V@V? 29. !C1>BV=, >@>H5=:>, 5@5A5=L, @8B>2, 1@0<>2, >2B89 B0 &8<10;N: 28@VH8;8 709=OB8AO @5<>=B>< 02B><>1V;V2 V AB2>@8B8 7 FVTN <5B>N 28@>1=8G89 :>>?5@0B82 2B><>1V;VAB. 0 7030;L=8E 71>@0E 2>=8 ?@89=O;8 @VH5==O @>7@>18B8 AB0BCB :>>?5@0B82C V, 28E>4OG8 7 B>3>, I> WE AC<VA=8E ?09>28E 2=5A:V2 1C;> =54>AB0B=L> 4;O ?@8410==O =5>1EV4=>3> >1;04=0==O, 70?@>A8B8 ?@89=OB8 CG0ABL C @>1>BV :>>?5@0B82C B>20@8AB2> >4=VTW >A>18 2B>, O:5 709<0;>AO B0:8< 65 284>< 4VO;L=>ABV V <0;> =5>1EV4=5 >1;04=0==O. 13>2>@NNG8 ?8B0==O AB>A>2=> CG0ABV C @>1>BV :>>?5@0B82C, 5@5A5=L B0 &8<10;N: 706040;8 2=5AB8 ;8H5 <09=>2V ?09>2V 2=5A:8, <>B82CNG8 F5 B8<, I> 2 =8E =5<0T 2V;L=>3> G0AC =0 ?@0FN 2 :>>?5@0B82V, 1> 2>=8 T 45@602=8<8 A;C61>2FO<8. VA;O AC?5@5G>: 2>=8 28@VH8;8 725@=CB8AO 70 @>7 OA=5==O<8 4> D0EV2FV2. 0 O:5 ?8B0==O B5<8 @>7@0E>20=> F5 70240==O? '8< 2V4@V7=OTBLAO 28@>1=8G89 :>>?5@0B82 2V4 3>A?>40@AL:>3> B>20@8AB20? 30. ">20@8AB2> >4=VTW >A>18 03=>7 (40;V - B>20@8AB2>) 725@=C;> 4> 3>A?>40@AL:>3> AC4C 7 ?>7>2=>N 70O2>N 4> 0:FV>=5@=>3> B>20@8AB20 V=>A (40;V - ") ?@> ABO3=5==O =5CAB>9:8 V 2V4H:>4C20==V 718B:V2 70 =528:>=0==O 7>1>2 O70=L 70 4>3>2>@>< ?5@5@>1:8 A8@>W =0DB8, O:89 1C2 C:;045=89 7 VA8G0=AL:8< =0DB>?5@5@>1=8< 702>4>< (40;V - ), O:89 C ?@>F5AV ?@820B870FVW ?5@5B2>@82AO =0 ". @54AB02=8:8 B>20@8AB20 22060NBL, I> E>G0 4>3>2V@ C:;0402AO =5 7 ", >AB0==T T ?@02>=0ABC?=8:>< . @54AB02=8:8 " 22060NBL, I> 2>=> =5 =5A5 2V4?>2V40;L=>ABV 70 2:070=8< 4>3>2>@><, 1>  ?@8?8=8;> A2>N 4VO;L=VABL, 0 B>20@8AB2> =5 725@B0;>AL 4> @02;V==O " 7 28<>3>N ?5@5C:;0AB8 2:070=89 4>3>2V@. 0 O:5 ?8B0==O B5<8 @>7@0E>20=> F5 70240==O? /: B@510 28@VH8B8 A?@02C? 31. 5@602=0 ?>40B:>20 V=A?5:FVO 2 >2B=52><C @09>=V <. %0@:>20 725@=C;0AL 4> 3>A?>40@AL:>3> AC4C 7 ?>7>2=>N 70O2>N 4> 28:>=:><C @048 >2B=52>3> @-=C <. %0@:>20 V 4> B>20@8AB20 7 4>40B:>2>N 2V4?>2V40;L=VABN ;N<V:A (40;V - B>20@8AB2>) ?@> ;V:2V40FVN >AB0==L>3> 70 74V9A=5==O 4VO;L=>ABV 7 =5>4=>@07>28< B0 3@C18< ?>@CH5==O< ?>40B:>2>3> 70:>=>402AB20 #:@0W=8.  <0B5@V0;V2 A?@028 210G0TBLAO, I> B>20@8AB2> T B>20@8AB2>< >4=VTW >A>18, 70@5TAB@>20=> C 2AB0=>2;5=><C 70:>=>< ?>@O4:C V 4VT =0 ?V4AB02V AB0BCBC, 70B25@465=>3> >@>159=V:>28<. >G8=0NG8 7 01.01.2004@. B>20@8AB2> =5 ?@54AB02;OT 2 ?>40B:>2V >@30=8 =5>1EV4=V 4;O =0@0EC20==O B0 A?;0B8 ?>40B:V2 4>:C<5=B8 B0 2V4><>ABV, I> A;V4 287=0B8 =5>4=>@07>28< B0 3@C18< ?>@CH5==O< 70:>=>402AB20. :@V< FL>3> B>20@8AB2> =5 <>65 ?@>4>26C20B8 A2>N 4VO;L=VABL, 1> T48=89 CG0A=8: B>20@8AB20 >@>159=V:>2 ?><5@, 0 A?04:>T<FV 2V4<>28;8AL 2V4 ?@89=OBBO A?04I8=8. 0 O:5 ?8B0==O B5<8 @>7@0E>20=> F5 70240==O? /: ?>28==0 1CB8 28@VH5=0 A?@020? 32. ">20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN 5B0 (40;V - ") C:;0;> 4>3>2>@8 ?V4@O4C, 2V4?>2V4=> 4> O:8E 7>1>2 O7C20;>AL 283>B>2;OB8 6V=>GV :C@B:8 B0 ?5@54020B8 WE 70<>2=8:0<. B@8<02H8 2V4 >AB0==VE ?52=C AC<C 3@>H59 O: ?>?5@54=N >?;0BC 70 28:>=0==O @>1>B8, " =5 7<>3;> =0;03>48B8 28@>1=8FB2>. 0<>2=8:8 (28@>1=8G89 :>>?5@0B82 @C610, B>20@8AB2> 7 4>40B:>2>N 2V4?>2V40;L=VABN @VO, DV78G=0 >A>10-?V4?@8T<5FL !>:>;>2) 725@=C;8AO 4> " 7 28<>3>N =5309=> @>7V@20B8 4>3>2V@, 28?;0B8B8 =5CAB>9:C B0 ?>25@=CB8 >B@8<0=V :>HB8. " 287=0;> 28<>38 :@548B>@V2, 0;5 704>2>;L=8B8 WE =5 7<>3;> G5@57 2V4ACB=VABL :>HBV2 =0 ?>B>G=><C @0EC=:C. @548B>@8 725@=C;8AO 4> 3>A?>40@AL:>3> AC4C 7 28<>3>N ?>@CH8B8 A?@02C ?@> 10=:@CBAB2>. :FV>=5@=5 B>20@8AB2> @5AB86 (40;V - "), O:5 74V9A=NT ?>H82 25@E=L>3> 6V=>G>3> >4O3C, 4V7=02H8AL ?@> =5A?@><>6=VABL " @>7@0EC20B8AL ?> 1>@30E, 28O28;> 73>4C 70 2;0A=89 :>HB 704>2>;L=8B8 28<>38 :@548B>@V2 ", O:I> =0 9>3> 10;0=A 1C4CBL ?5@52545=V 2AV <0B5@V0;L=V B0 B>20@=V FV==>ABV, O:V 70;8H8;8AL C ", 0 B0:>6 7 =8< 1C45 ?5@5C:;045=> 4>23>AB@>:>289 4>3>2V@ >@5=48 =0 ?@02> :>@8ABC20==O B>@3>25;L=8< 70;>< ?> 2C;. !C<AL:V9 104 <. %0@:>20, O:89 4> FL>3> 1C2 C:;045=89 7 ". @>0=0;V7C9B5 70?@>?>=>20=V A8BC0FVW. 0 O:5 ?8B0==O B5<8 @>7@0E>20=> F5 70240==O? 8@VH8BL A?@02C. "5<08. #G0ABL 45@6028 #:@0W=0, 2B>=><=>W 5A?C1;V:8 @8<, B5@8B>@V0;L=8E 3@><04 C F82V;L=8E 2V4=>A8=0E. (4;O A0<>ABV9=>3> 282G5==O) 8B0==O: @02>2V D>@<8 CG0ABV 45@6028, 2B>=><=>W 5A?C1;V:8 @8<, B5@8B>@V0;L=8E 3@><04 C F82V;L=8E 2V4=>A8=0E. @30=8 B0 ?@54AB02=8:8, G5@57 O:8E 4VNBL C F82V;L=8E 2V4=>A8=0E 45@6020, 2B>=><=0 5A?C1;V:0 @8< B0 B5@8B>@V0;L=V 3@><048. V4?>2V40;L=VABL 70 7>1>2 O70==O<8 45@6028, 2B>=><=>W 5A?C1;V:8 @8< B0 B5@8B>@V0;L=8E 3@><04. >7<56C20==O 2V4?>2V40;L=>ABV 70 7>1>2 O70==O<8 45@6028, 2B>=><=>W 5A?C1;V:8 @8<, B5@8B>@V0;L=8E 3@><04 B0 AB2>@5=8E =8<8 N@848G=8E >AV1. "5<0 9. 1 T:B8 F82V;L=8E ?@02. 0240==O: 33. ;O 74V9A=5==O A0<>70E8ABC AV<=04FOB8@VG=89 0@82>40 <02 =0<V@ C A?5FV0;V7>20=V9 :@0<=8FV :C?8B8 A>1V 307>289 ?VAB>;5B, 0 A2>W9 G>B8@=04FOB8@VG=V9 A5AB@V - 307>289 10;>=G8: . @>4025FL <03078=C 2V4<>282 0@82>4V 2 C:;045==V 4>3>2>@V2 =0 BV9 ?V4AB02V, I>, ?> ?5@H5, ?>:C?5FL T =5?>2=>;VB=V<, 0 ?> 4@C35, 307>20 71@>O - F5 >1 T:B, >1<565=89 2 F82V;L=><C >1>@>BV. '8 2V@=> ?>ABC?82 ?@>4025FL? 87=0GB5 ?@02>289 @568< A?5FV0;L=8E 70A>1V2 A0<>70E8ABC. 34. VA;O A<5@BV 5AB5@5=:0 70;8H8;>AO <09=>, I> 9><C =0;560;> =0 ?@02V ?@820B=>W 2;0A=>ABV, 4> A:;04C O:>3> 2E>48;8 30@06 C :>>?5@0B82V V@06, 7>;>B0 :01;CG:0 (20@BVABN C 45AOBL <V=V<0;L=8E 70@>1VB=8E ?;0B), <8A;82AL:0 @CH=8FO, 307>289 ?VAB>;5B, 0:FVW 0:FV>=5@=>3> B>20@8AB20 !" =0 7030;L=C AC<C >4=0 B8AOG0 <V=V<0;L=8E 70@>1VB=8E ?;0B, >I04=0 :=86:0 =0 ?@54 O2=8:0 =0 AC<C AB> <V=V<0;L=8E 70@>1VB=8E ?;0B. 87=0GB5 ?>@O4>: A?04:C20==O 2:070=8E >1 T:BV2. 35. >4@C66O ?V4 G0A ?5@51C20==O C H;N1V =01C;> ?@02> A?V;L=>W AC<VA=>W 2;0A=>ABV =0 68B;>289 1C48=>:, 02B><>1V;L "02@VO, 0 B0:>6 <51;5289 30@=VBC@ 2V4><>W 70:>@4>==>W DV@<8 B0 V=HV @5GV. > A:;04C <51;52>3> 30@=VBC@C 2E>48;8 ABV;, ABV;LFV, H0D0 B0 V=HV <51;V. # A?@02V ?@> @>7;CG5==O V ?>4V; <09=0 6V=:0 =0?>;O30;0 =0 ?5@540GV W9 C ?@820B=C 2;0A=VABL 68B;>2>3> 1C48=:C, >A:V;L:8 B>9 1C2 >D>@<;5=89 =0 WW V< O, 0 G>;>2V:>2V ?@>?>=C20;0 ?5@540B8 02B><>1V;L "02@VO, >A:V;L:8 B5E=VG=89 ?0A?>@B >D>@<;5=89 =0 9>3> V< O. '>;>2V:, =5 70?5@5GCNG8 ?@>B8 ?5@540GV 9><C 02B><>1V;O, 28:0702 73>4C =0 :><?5=A0FVN 9><C @V7=8FV C 20@B>ABV 1C48=:C B0 02B><>1V;O <51;528< 30@=VBC@><. @C68=0 6 =0?>;O30;0 =0 ?>4V;V <51;52>3> 30@=VBC@C. @>18BL 28A=>2>: I>4> A?@028. 87=0GB5 >A>1;82>ABV ?>4V;C ?>4V;L=8E B0 =5?>4V;L=8E @5G59. 36. $5@<5@ !V<:> 70 4>3>2>@>< 715@V30==O ?5@5402 4> 5;520B>@0 50 B ?H5=8G=>3> 75@=0 II A>@BC 7030;L=>N 20@BVABN 20 000 3@=. :@5<89 4>3>2V@ 1C;> C:;045=> =0 715@V30==O 2 B 75@=0 ?H5=8FV B25@48E A>@BV2, O:5 2V= 70:C?82 =0 =0AV==O 70 :>@4>=>< =0 AV;LAL:>3>A?>40@AL:V9 28AB02FV. :070=5 A>@B>25 75@=> 2V= <02 =0<V@ 70AVOB8 V 73>4>< 70<V=8B8 :C;LB82>20=V =8< 2VBG87=O=V A>@B8 ?H5=8FV. 0@BVABL FL>3> 75@=0 2 4>3>2>@V 2:070=0 2B@8GV 28I>N, =V6 1V@6>20 20@BVABL 2VBG87=O=>3> ?H5=8G=>3> 75@=0 II A>@BC. =0A;V4>: @V7=8E AC1 T:B82=8E B0 >1 T:B82=8E ?@8G8= (B5?;0 78<0, ?>ABV9=0 2>;>3VABL ?>2VB@O, 40E A:;04C, I> ?@>BV:0T) 4> 25A=8 75@=> ?>?@V;> V 2B@0B8;> ?@840B=VABL 4;O 28:>@8AB0==O 70 ?@87=0G5==O<. ><VAVO @09>==>3> C?@02;V==O AV;LAL:>3> 3>A?>40@AB20 =0 ?V4AB02V ;01>@0B>@=8E 0=0;V7V2 7 OAC20;0, I> 75@=> ?@840B=5 BV;L:8 =0 DC@06=V FV;V B0 20@BVABL 9>3> 7=878;0AL 2 45:V;L:0 @07V2. $5@<5@ 7060402 2V4 :5@V2=8FB20 A:;04C ?>25@=5==O 75@=0 >1>E 284V2 =0;56=>W O:>ABV B0 :V;L:>ABV. 8@VHVBL A?V@. # G><C 3>;>2=0 2V4<V==VABL <V6 @>4>28<8 B0 V=482V4C0;L=> 287=0G5=8<8 @5G0<8? 37. =4@>A>2 =01C2 ?@020 2;0A=>ABV =0 V<5==V 0:FVW :FV>=5@=>3> B>20@8AB20 %0@:V2AL:89 < OA>:><1V=0B (40;V  ") ?@8 WE @>7?>2AN465==V H;OE>< 2V4:@8B>W ?V4?8A:8, 0 B0:>6 =0 28?CI5=V " >1;V30FVW. 2060NG8 WE ?>40;LH5 CB@8<0==O =51060=8<, 2V= 28@VH82 WE ?@>40B8, >4=0: =5 7=09H>2H8 ?>:C?FV2 =0 2:070=V 0:FVW B0 >1;V30FVW, 725@=C2AO 4> :5@V2=8FB20 " 7 28<>3>N 28:C?8B8 C =L>3> FV FV==V ?0?5@8. 5@V2=8FB2> " 2V4<>28;>AL. ">4V =4@>A>2 725@=C2AO 4> AC4C 7 ?@>E0==O< 7>1>2 O70B8 :5@V2=8FB2> " 28:C?8B8 =0;56=V 9><C 0:FVW B0 28?;0B8B8 482V45=48 C =0BC@0;L=><C 283;O4V (?@>4C:FVTN ") 70 25AL ?5@V>4 7=0E>465==O C =L>3> 0:FV9, <>B82CNG8 F5 B8<, I> 482V45=48 " =0@0E>2C20;8AL, 0;5 =5 28?;0GC20;8AL. !B>A>2=> >1;V30FV9 9>3> 28<>30 ?>;O30;0 C 4>AB@>:>2><C WE ?>30H5==V 7 28?;0B>N 2:070=8E C =8E 3@>H>28E AC< B0 ?@>F5=BV2, 28?;0B0 O:8E 2V4?>2V4=> C<>20< WE 28?CA:C ?5@5410G0;0AL =0?@8:V=FV AB@>:C WE >1V3C. # ?>7>2=V9 70O2V =4@>A>2 ?@>A82 AC4 70 @0EC=>: :>HBV2 " :><?5=AC20B8 9><C @V7=8FN 20@B>ABV 0:FV9 =0 <><5=B =01CBBO ?@02 =0 =8E ?@8 2V4:@8BV9 ?V4?8AFV B0 =0 <><5=B @>73;O4C ?>7>2=>W 70O28. V4?>2V4=> 28?8A:8 V7 1V@6>2>W :>B8@>2:8 20@BVABL =0;56=8E =4@>A>2C 0:FV9 7<5=H8;0AL ?>@V2=O=> 7 =><V=0;L=>N 242VGV. 09B5 28A=>2>: ?> A?@02V. 38. )5@10G5=:>  70A=>2=8: B>20@8AB20 >4=VTW >A>18 0@B (40;V  B>20@8AB2>), O:5 709<0;>AO 28@>1=8FB2>< 3V?A>:0@B>=C, A:;02 70?>2VB, C O:><C 70?>2V402 B>20@8AB2> A2>T<C AV<=04FOB8@VG=><C ?;5<V==8:C =4@VN, O:89 265 45:V;L:0 @>:V2 4>?><0302 9><C C 2545==V A?@02. VA;O A<5@BV )5@10G5=:0 =0 B>20@8AB2> 70O28;0 28<>38 9>3> 6V=:0, 2:07CNG8, I> 2>=> ?V4;O30T ?>4V;C O: A?V;L=> =068B5 <09=>. 0BL:> =4@VO, O: 9>3> 70:>==89 ?@54AB02=8:, 70?5@5GC202 ?@>B8 ?>7>2C, <>B82CNG8 F5 B8<, I> B>20@8AB2> T AC1 T:B><, 0 =5 >1 T:B>< ?@020, B><C =5 ?V4;O30T ?>4V;C. @>1VBL 28A=>2>: ?> A?@02V. 0B8 ?>=OBBO T48=>3> <09=>2>3> :><?;5:AC O: >1 T:BC F82V;L=8E ?@02. 39. V4?>2V4=> 4> 4>3>2>@C :C?V2;V-?@>406C 0:FV>=5@=5 B>20@8AB2> 5B0= (40;V - ") ?5@540;> ">20@8AB2C 7 >1<565=>N 2V4?>2V40;L=VABN >2=V5:A?>B@0=A (40;V  ") A2>N ?@>4C:FVN =0 AC<C 100 <V=V<0;L=8E 70@>1VB=8E ?;0B. 0 C<>20<8 4>3>2>@C " ?>28==> 1C;> ?@>BO3>< 10 4=V2 7 <><5=BC ?5@540GV ?@>4C:FVW >?;0B8B8 WW 20@BVABL. >@CHCNG8 C<>28 4>3>2>@C, " 2V4<>28;>AL 74V9A=8B8 >?;0BC ?5@540=>W 9><C ?@>4C:FVW. !2>N 2V4<>2C 2V4 28:>=0==O 4>3>2V@=8E 7>1>2 O70=L 2>=> <>B82C20;> A:;04=8< DV=0=A>28< AB0=>28I5< B0 2V4ACB=VABN :>HBV2 =0 9>3> @0EC=:0E. >;>20 ?@02;V==O " 70O282 ?>7>2 4> ", C O:><C ?@>A82 3>A?>40@AL:89 AC4 ABO3=CB8 20@BVABL ?>AB02;5=>W " ?@>4C:FVW C 4>;0@0E !(, O:V T =0 @0EC=:C 2V4?>2V40G0.  <5B>N 70157?5G5==O ?>7>2C ?>7820G ?@>A82 3>A?>40@AL:89 AC4 28=5AB8 CE20;C ?@> =0:;045==O 0@5HBC =0 3@>H>2V :>HB8 2V4?>2V40G0 2 V=>75<=V9 20;NBV. 8@VH8BL A?V@. # G><C >A>1;82VABL B0:>3> >1 T:B0 F82V;L=8E ?@02 O: 20;NB=V FV==>ABV? "5<0 10. @02>G8=8. 0240==O: 40. 5>=V4>20 B0 $5B8A>2 10 6>2B=O C:;0;8 2 ?@>ABV9 ?8AL<>2V9 D>@<V 4>3>2V@ 4>@CG5==O (AB. 1000 &). 0 28:>=0==O FL>3> 4>3>2>@C $5B8A>2 7>1>2 O702AO ?@8410B8 C 2;0A=VABL 5>=V4>2>W :><?;5:B >1C<>2;5=8E AB0@>28==8E @5G59 2 AB@>:, I> =5 ?5@528ICT 42>E <VAOFV2, B0 70 AC<C =5 1V;LH5 O: 3000 3@=. 07=0G5=0 AC<0 3@>H59 1C;0 ?5@540=0 10 6>2B=O 5>=V4>2>N $5B8A>2C 7 2840G5N >AB0==V< 1>@3>2>W @>7?8A:8. 25 6>2B=O 5>=V4>2V9 AB0;> 2V4><>, I> 12 6>2B=O $5B8A>2 ?5@5402 3000 3@=. ;L>H8=C 70 4>3>2>@>< ?>78:8 (AB. 1046 &) ?V4 ?@>F5=B8 AB@>:>< =0 1 <VAOFL. 2060NG8, I> ?@54<5B>< 4>3>2>@C ?>78:8 T 3@>HV, ?5@540=V =5N $5B8A>2C 4;O 28:>=0==O 4>3>2>@C 4>@CG5==O V 2;0A=8:>< O:8E 2>=0 ?@>4>26CT 1CB8, 5>=V4>20 725@=C;0AL 4> $5B8A>20 7 ?>2V4><;5==O< ?@> B5, I> 2>=0 2 >4=>AB>@>==L><C ?>@O4:C @>7@820T 4>3>2V@ 4>@CG5==O 70 <>B82>< 2B@0B8 4>2V@8 V 28<030T =5309=> ?>25@=CB8 W9 3000 3@=. @V< B>3>, 2>=0 ?>2V4><8;0, I> 1C45 28<030B8 287=0==O =54V9A=8< 4>3>2>@C ?>78:8, C:;045=>3> <V6 $5B8A>28< B0 ;L>H8=8<, >A:V;L:8 9>3> 7<VAB AC?5@5G8BL 70:>=C. &5 ?@>B8@VGGO, =0 WW 4C<:C, ?>;O30T 2 B><C, I> >A:V;L:8 ?>78:>4025FL ?5@540T V=HV9 AB>@>=V 4>3>2>@C ?>78:8 3@>HV C 2;0A=VABL, B> V 2V= A0< <CA8BL 1CB8 2;0A=8:>< F8E 3@>H59. $5B8A>2 C 2V4?>2V4L =0 ?>2V4><;5==O 5>=V4>2>W 70?5@5G82 =0ABC?=5. >-?5@H5, =0 9>3> 4C<:C, 5>=V4>20 =5 <>65 @>7@820B8 4>3>2V@ 4>@CG5==O 2 >4=>AB>@>==L><C ?>@O4:C 73V4=> AB.525 &, 2@0E>2CNG8 I5 9 B5, I> 2 A0<><C 4>3>2>@V 4>@CG5==O <VAB8BLAO C<>20 ?@> B5, I> AB>@>=8 =5 2?@02V FL>3> @>18B8. >-4@C35, C =L>3> I5 T 4>AB0B=L> G0AC 4;O 28:>=0==O 4>3>2>@C 4>@CG5==O 2 ?>2=><C >1AO7V. >-B@5BT, C 5>=V4>2>W =5<0T ?V4AB02 4;O 725@=5==O 4> AC4C 7 ?>7>2>< ?@> 287=0==O =54V9A=8< 4>3>2>@C ?>78:8, >A:V;L:8 2>=0 =5 T AB>@>=>N 2 =L><C. 0 O:V ?8B0==O B5<8 @>7@0E>20=5 70240==O? /: B@510 28@VH8B8 ?@>1;5<8, I> 28=8:;8 C 72'O7:C 7 F8<8 ?8B0==O<8? 41. $5>:B8AB>2 B0 5@H8= 28@VH8;8 C:;0AB8 4>3>2V@ :C?V2;V-?@>406C 1C4<0B5@V0;V2 =0 AC<C, I> ?5@528ICT 2 5 @07V2 @>7<V@ =5>?>40B:>20=>3> <V=V<C<C 4>E>4V2 DV78G=8E >AV1, 7 @>7AB@>G5==O< >?;0B8 B>20@C =0 14 <VAOFV2 2V4 4=O C:;045==O 4>3>2>@C. @8 FL><C 2 =8E 28=8:;0 AC?5@5G:0 I>4> D>@<8 FL>3> 4>3>2>@C. 5@H8= 22060T, I> F59 4>3>2V@ =5 <>65 C:;040B8AO 2 CA=V9 D>@<V, >A:V;L:8 73V4=> 7V AB. 206 & 2V= =5 T 4>3>2>@><, I> ?>2=VABN 28:>=CTBLAO AB>@>=0<8 2 <><5=B 9>3> 2G8=5==O. $5>:B8AB>2 28E>48BL 7 B>3>, I> 2V4?>2V4=> 4> AB. 208 & ?8AL<>20 D>@<0 4>3>2>@C <V6 DV78G=8<8 >A>10<8 =5>1EV4=0 ;8H5 B>4V, :>;8 2V= C:;040TBLAO =0 AC<C, I> ?5@528ICT =5 <5=H5 O: 2 20 @07V2 @>7<V@ =5>?>40B:>20=>3> <V=V<C<C 4>E>4V2 DV78G=8E >AV1. V= =5 73>45= 7 B8<, I> F59 4>3>2V@ =5 T B0:8<, I> ?>2=VABN 28:>=CTBLAO AB>@>=0<8 2 <><5=B 9>3> 2G8=5==O, >A:V;L:8 AB. 694 & 70:@V?8;0 ?@028;> ?@> B5, I> 7 <><5=BC ?5@540==O B>20@C V 4> 9>3> >?;0B8, B>20@, ?@>40=89 2 :@548B, 287=0TBLAO B0:8<, I> ?5@51C20T C 70AB02V 2 ?@>402FO 4;O 70157?5G5==O 28:>=0==O ?>:C?F5< 9>3> >1>2 O7:C I>4> >?;0B8 B>20@C. 0 O:V ?8B0==O B5<8 @>7@0E>20=5 70240==O? 09B5 =0 =8E 0@3C<5=B>20=V 2V4?>2V4V. 42. @VAB>2, O:89 T 2;0A=8:>< 40G=>3> 1C48=:C C <. '>@=><>@AL:C, 10 15@57=O 2004 @. 2G8=82 7 2:V=>N 4>3>2V@ >@5=48 1C48=:C AB@>:>< =0 6 <VAOFV2.  4>3>2>@V 1C;0 2AB0=>2;5=0 I><VAOG=0 >@5=4=0 ?;0B0 C @>7<V@V 200 3@=. 70 <VAOFL. @8 FL><C 2 45=L 2G8=5==O 4>3>2>@C 2:V=0 A?;0B8;0 @VAB>2C 020=A C @>7<V@V 200 3@=., 0 @5HBC 7>1>2 O70;0AL A?;0B8B8 ?VA;O 70:V=G5==O AB@>:C 4VW 4>3>2>@C. @V< B>3>, 2 4>3>2>@V 1C;> >1C<>2;5=>, I> ?@020 V >1>2 O7:8 AB>@V= ?@8?8=ONBLAO, O:I> 2 ?5@V>4 <V6 20 V 30 G5@2=O 4> @VAB>20 2 <. '>@=><>@AL: ?@8W45 9>3> A8= 7 @>48=>N C 2V4?CAB:C. $0:B8G=> 2:V=0 ?>G0;0 :>@8ABC20B8AO 1C48=:>< 20 B@02=O. !8= @VAB>20 7 @>48=>N ?@8WE02 4> 10BL:0 2 ;8?=O. 2:V=0, ?>A8;0NG8AL =0 C<>28 4>3>2>@C, 2V4<>28;0AL 72V;L=8B8 >@5=4>20=89 1C48=>:. !8= @VAB>20 ?>OA=82 10BL:>2V, I> 70B@8<02AO 7 ?@8W74>< C 72 O7:C 7 >B@8<0==O< 2V4 =L>3> B5;53@0<8 ?@> BO6:C E2>@>1C 1@0B0, I> <5H:0T C >A:2V. B@8<02H8 B5;53@0<C, A8= @VAB>20 7<CH5=89 1C2 70WE0B8 2 >A:2C, 0;5 B0< 4V7=02AO, I> 1@0B 265 B8645=L 7=0E>48BLAO 70 :>@4>=>< C 2V4@O465==V. @8 FL><C 2V= 7 OAC202, I> B5;53@0<C =04VA;02 =5 10BL:> @VAB>20, 0 $54V@:> =0 ?@>E0==O 2:V=>W. # 72 O7:C 7 28:;045=8<, @VAB>2 725@=C2AO 4> AC4C 7 ?>7>2>< ?@> 72V;L=5==O 2:V=>N >@5=4>20=>3> 1C48=:C B0 A?;0B8 =5N >@5=4=>W ?;0B8 C ?>2=><C >1AO7V. 2:V=0 ?>OA=8;0, I> 28<>38 @VAB>20 ?@> 72V;L=5==O 1C48=:C =5 287=0T, >A:V;L:8 C<>20, ?@> O:C 9H;>AO 2 4>3>2>@V, =5 =0AB0;0. @V< B>3>, 2>=0 22060T, I> ?>28==0 A?;0GC20B8 >@5=4=C ?;0BC ;8H5 7 20 B@02=O, B>1B> 7 4=O, :>;8 2>=0 D0:B8G=> ?>G0;0 :>@8ABC20B8AO 1C48=:><. 0 O:V ?8B0==O B5<8 @>7@0E>20=5 70240==O? /:><C 28@VH5==N ?V4;O30T F59 A?V@? 43. :FV>=5@=5 B>20@8AB2> CG - ?>AB0G0;L=8: (40;V  ") B0 B>20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN @>ABV@ (40;V  ") C:;0;8 4>3>2V@ ?@> @50;V70FVN >AB0==V< B>20@C, O:89 =04V945 2V4 ?>AB0G0;L=8:0.  4>3>2>@V 707=0G0;>AO, I> >?;0B0 B>20@C 74V9A=NTBLAO " ?@>BO3>< 30 4=V2. 0 20 4=V2 ?VA;O >B@8<0==O B>20@C " @50;V7C20;> ;8H5 9>3> G0AB8=C V ?5@5@0EC20;> AC<C 2V4 9>3> @50;V70FVW ?>AB0G0;L=8:C, 7 C@0EC20==O< 28=03>@>48, O:0 =0;560;0 9><C. " 725@=C;>AO 4> 3>A?>40@AL:>3> AC4C ?@> A?;0BC " @5HB8 AC<8 2V4 @50;V70FVW B>20@C B0 2V4H:>4C20==O 718B:V2. 8@5:B>@ ", 70?5@5GCNG8 ?@>B8 FL>3>, ?>OA=82, I> @>7FV=NT F59 4>3>2V@ O: 4>3>2V@ :><VAVW, 73V4=> 7 O:8< 7>1>2 O70=89 ?5@5@0E>2C20B8 AC<8 G5@57 30 4=V2 ?VA;O @50;V70FVW, 0 =5 G5@57 30 4=V2 ?VA;O C:;045==O 4>3>2>@C, I>, =0 9>3> 4C<:C, 9 AB0=>28BL 2V4<V==VABL 4>3>2>@C =0 @50;V70FVN 2V4 4>3>2>@C :C?V2;V-?@>406C. " 725@=C;>AO 4> 3>A?>40@AL:>3> AC4C 7 7CAB@VG=8< ?>7>2>< ?@> B;C<0G5==O 7<VABC FL>3> 4>3>2>@C V 287=0==O 9>3> =54V9A=8< 2 @07V, O:I> AC4 4V945 28A=>2:C, I> 2V= =5 T 4>3>2>@>< :><VAVW. V4AB02>N 4;O 28@VH5==O 4>3>2>@C =54V9A=8<, =0 4C<:C ", T ?><8;:0 2 >1AB028=0E, O:V <0NBL VAB>B=5 7=0G5==O. 0 O:V ?8B0==O B5<8 @>7@0E>20=5 F5 70240==O? /: 1C45 28@VH5=> FV9 A?V@? 44. 3>@>2 T CG0A=8:>< ?>2=>3> B>20@8AB20 >2=5 B>20@8AB2>: 20=>2, 5B@>2 V :><?0=VO (40;V  "), 2 70A=>2=8FL:><C 4>3>2>@V O:>3> 2AB0=>2;5=> ?@028;> ?@> B5, I> 2545==O A?@02 " 74V9A=NTBLAO 20=>28< B0 5B@>28<. 3>@>2, >B@8<02H8 4>2V@5=VABL ;8H5 2V4 20=>20 (5B@>2 C F59 G0A 1C2 C 2V4@O465==V), C:;02 2V4 V<5=V " 4>3>2V@ 7 DV78G=>N >A>1>N - ?V4?@8T<F5< C40:>28<. >25@=C2H8AL V7 2V4@O465==O, 5B@>2 70O282, I> " ?>28==> 28<030B8 287=0==O FL>3> 4>3>2>@C =54V9A=8<, >A:V;L:8 4;O 2G8=5==O 4>3>2>@C 3>@>2C ?>B@V1=0 1C;0 V 9>3> 4>2V@5=VABL. @8 FL><C 5B@>2 ?>A8;02AO =0 G.2 AB. 207 &, 73V4=> 7 O:>N ?@02>G8=, O:89 2G8=OT N@848G=0 >A>10, ?V4?8ACTBLAO >A>10<8, C?>2=>2065=8<8 =0 F5 CAB0=>2G8<8 4>:C<5=B0<8, 4>2V@5=VABN, 70:>=>< 01> V=H8<8 0:B0<8 F82V;L=>3> 70:>=>402AB20. V7=02H8AL ?@> F5, C40:>2 70O282, I> 73V4=> 7 G.1 AB. 122 & C 2V4=>A8=0E 7 B@5BV<8 >A>10<8 " =5 <>65 ?>A8;0B8AO =0 ?>;>65==O 70A=>2=8FL:>3> 4>3>2>@C, O:V >1<56CNBL ?>2=>2065==O CG0A=8:V2 " I>4> ?@020 4VOB8 2V4 V<5=V >AB0==L>3>, :@V< 28?04:V2, :>;8 1C45 4>2545=>, I> B@5BO >A>10 C <><5=B 2G8=5==O 4>3>2>@C 7=0;0 G8 <>3;0 7=0B8 ?@> 2V4ACB=VABL 2 CG0A=8:0 " ?@020 4VOB8 2V4 9>3> V<5=V. 0 O:V ?8B0==O B5<8 @>7@0E>20=5 F5 70240==O? /: B@510 28@VH8B8 ?@>1;5<8, I> 28=8:;8 C 72'O7:C 7 F8<8 ?8B0==O<8? 45. !:>@8AB02H8AL 2V4ACB=VABN 10BL:V2, HVAB=04FOB8@VG=89 070@>2 70 3@>HV, >B@8<0=V C 283;O4V 70@>1VB=>W ?;0B8, :C?82 C !5@3V9>20 1V=>:;L (20@BVABL 30 3@=.), ?@>402 E<5BLT2C :>270=8 7 G5@528:0<8 (20@BVABL 30 3@=.), 0 <03=VB>;C (7 =57=0G=8<8 45D5:B0<8 ) ?><V=O2 7 V:B>@>28< =0 A?>@B82=89 25;>A8?54 20@BVABN 150 3@=. 0BL:> 070@>20, ?>25@=C2H8AL 7 ;V:0@=V V 4V7=02H8AL ?@> ?@02>G8=8, 2G8=5=V A8=>< 157 9>3> 73>48, 725@=C2AO 7 ?>7>2>< 4> AC4C ?@> 287=0==O F8E ?@02>G8=V2 =54V9A=8<8. A:V;L:8 V:B>@>2 2AB83 2V4@5<>=BC20B8 <03=VB>;C, 2V= 725@=C2AO 7 7CAB@VG=>N 28<>3>N ?@> 2V4H:>4C20==O 70240=8E 9><C 718B:V2. 0 O:V ?8B0==O B5<8 @>7@0E>20=5 F5 70240==O? /: B@510 28@VH8B8 FN A?@02C? )> 7<V=8BLAO, O:I> AB>@>=0<8 2 4>3>2>@0E, I> C:;02 070@>2, 1C;8 >A>18 C 2VFV 2V4 14 4> 18 @>:V2 ? 46. 0@E><5=:>  >?V:C= ? OB8@VG=>3> !5@3TT20 - O: ?@>4025FL A0<>ABV9=> C:;02 2V4 9>3> V<5=V B0 2 9>3> V=B5@5A0E 4>3>2V@ :C?V2;V-?@>406C A?>@B82=>3> B@5=065@C 70 FV=>N 300 3@=. @0B ?>:V9=>3> 10BL:0 !5@3TT20 22060T, I> ?@54<5B>< FL>3> 4>3>2>@C T FV==5 <09=> V B><C 4>3>2V@ ?@> 9>3> 2V4GC65==O <>65 C:;040B8AO ;8H5 7 4>72>;C >@30=C >?V:8 B0 ?V:;C20==O. V= 725@=C2AO 4> AC4C 7 ?>7>2>< ?@> 287=0==O FL>3> 4>3>2>@C =54V9A=8< B0 ?@> 70AB>AC20==O =0A;V4:V2 =54V9A=>ABV 4>3>2>@C. ?V:C= 0@E><5=:> 22060T, I>, ?>-?5@H5, A?>@B82=89 B@5=065@ ?@87=0G5=89 ;8H5 4;O 4>@>A;8E ;N459, V =8< ?'OB8@VG=0 48B8=0 :>@8ABC20B8AO =5 <>65, >B65 V =5 <>65 1CB8 4;O =5W :>@8A=8<, 0, ?>-4@C35, 2 :>HB0E, >B@8<0=8E 2V4 ?@>406C FL>3> B@5=065@0, 1C;0 ?>B@510 - 4;O ?@8410==O 48BOG>3> 25;>A8?54C B0 78<>2>3> >4O3C. 0 O:V ?8B0==O B5<8 @>7@0E>20=5 F5 70240==O? 8@VHVBL A?@02C. 47. 20=>2, I> AB@06402 =0 70E2>@N20==O 1@>=EV0;L=>N 0AB<>N V ?@>68202 C 2;0A=><C 1C48=:C, @>7B0H>20=><C ?>@CG 7 <5B0;C@3V9=8< :><1V=0B><, ?5@54 2V4 W74>< =0 ;V:C20==O 2 V=HC <VAF52VABL 4>@CG82 $54>B>2C >1<V=OB8 F59 1C48=>: =0 V=H89 01> ?@820B87>20=C :20@B8@C <5=H>W ?;>IV ?>1;87C <>@O. !:>@8AB02H8AL 4>@CG5==O<, $54>B>2 >1<V=O2 1C48=>: 20=>20 =0 >4=>:V<=0B=C ?@820B87>20=C :20@B8@C A2>TW 42>N@V4=>W A5AB@8. 20=>2, ?@>682H8 2 :20@B8@V 78<C, 7 OAC202, I> 2>=0 <0T VAB>B=V =54>;V:8, ?>2 O70=V 7 ?@><5@70==O< ABV=, V 725@=C2AO 7 ?>7>2>< 4> AC4C ?@> 287=0==O 4>3>2>@C <V=8 =54V9A=8< =0 ?V4AB02V AB. 230 & O: 2G8=5=89 ?V4 2?;82>< >1<0=C. 8< 707=0G0;>AO, I> $54>B>2 V 9>3> A5AB@0 7=0;8 ?@> =54>;V:8 :20@B8@8. 0 O:V ?8B0==O B5<8 @>7@0E>20=5 F5 70240==O? 8@VHVBL A?@02C. 48. 8@8;>2, ?>3@>6CNG8 71@>TN, 702>;>4V2 H0?:>N 7 FV==>3> ECB@0, I> =0;560;0 !<8@=>2C. 3>4><, 4V7=02H8AL, I> 70 F8< D0:B>< ?>@CH5=> :@8<V=0;L=C A?@02C, 8@8;>2 =0 :20@B8@V ?>B5@?V;>3> ?5@5402 >AB0==L><C ?52=C AC<C 3@>H59, =V18B> 70 :C?;5=C @VG. # AC4>2><C 70AV40==V !<8@=>2 ?>OA=82, I> 2V= 4V9A=> >B@8<02 3@>HV, 0;5 C 7=0G=> <5=H><C @>7<V@V, =V6 4V9A=0 FV=0 H0?:8, V 7@>182 F5 704;O B>3>, I>1 =5 <0B8 2 <091CB=L><C =5?@8T<=>AB59 2V4 8@8;>20. 0 O:V ?8B0==O B5<8 @>7@0E>20=5 F5 70240==O? 8@VHVBL A?@02C. 49. (8;>2, 4V7=02H8AL I> ?@>B8 @>1VB=8:V2 >@30=V70FVW, 2 O:V9 2V= ?@0FN202, ?>@CH5=> :@8<V=0;L=C A?@02C V 9><C B0:>6 <>65 703@>6C20B8 ?@8BO3=5==O 4> :@8<V=0;L=>W 2V4?>2V40;L=>ABV, 70 :V;L:0 4=V2 4> 0@5HBC ?@>402 <>B>F8:;, I> 9><C =0;5602, A2>T<C 4@C3>2V %0@8B>=>2C. @>HV ?>:C?5FL ?>28=5= 1C2 2V440B8 6V=FV (8;>20 ?V7=VH5, 0 <>B>F8:; 1C;> ?5@540=> B>4V 6. '5@57 45O:89 G0A (8;>20 1C;> 70AC465=> 4> ?>7102;5==O 2>;V 7 :>=DVA:0FVTN <09=0, O:5 9><C =0;568BL =0 ?@02V ?@820B=>W 2;0A=>ABV. @>:C@>@, 22060NG8, I> :>=DVA:0FVW ?V4;O30T V <>B>F8:;, 70O282 ?>7>2 ?@> 287=0==O ?@02>G8=C :C?V2;V-?@>406C <>B>F8:;0 =54V9A=8<, >A:V;L:8 (8;>2 <02 70 <5BC C=8:=CB8 :>=DVA:0FVW. 0 O:5 ?8B0==O B5<8 @>7@0E>20=> F5 70240==O? /: A;V4 28@VH8B8 A?@02C? 50. <8B@>2 C 25@5A=V 2005@. 7@>182 >1<V= 7 ;V9=8:>< =5V7>;L>20=>W :V<=0B8 ?;>I5N 14 :2. < =0 9>3> V7>;L>20=C >4=>:V<=0B=C :20@B8@C <5=H>W ?;>IV. # 72 O7:C 7 B8<, I> =>20 :V<=0B0 28O28;0AO A8@>N, ?@> I> <8B@>2 4V7=02AO ;8H5 >A5;82H8AL C =V9, 2V= 725@=C2AO 4> AC4C 7 ?>7>2>< ?@> 287=0==O ?@02>G8=C =54V9A=8<.  AC4>2><C 70AV40==V ;V9=8:, 70?5@5GCNG8 ?@>B8 ?>7>2C, ?>OA=82, I> 8<8B@>2 =5>4=>@07>2> >3;O402 :V<=0BC V <02 ?>2=5 CO2;5==O ?@> WW AB0=. <8B@>2 ?V4B25@482, I> 2V= 4V9A=> 42VGV (C G5@2=V B0 A5@?=V) >3;O402 :20@B8@C V 70;8H82AO 704>2>;5=89 =5N, 0;5 F5 1C;> 2;VB:C, 70 ACE>W ?>3>48, :>;8 =5<>6;82> 1C;> ?5@5410G8B8, I> 278<:C :V<=0B0 2V4A8@VT V A0<5 G5@57 F5 28O28BLAO =5?@840B=>N 4;O ?@>6820==O. 0 O:5 :>;> ?8B0=L @>7@0E>20=5 F5 70240==O? /: A;V4 28@VH8B8 A?@02C? 51. ><0=>20 - 2;0A=8FO ?>;>28=8 68B;>2>3> 1C48=:C C:;0;0 7 >;>4V=>N 4>3>2V@ 4>2VG=>3> CB@8<0==O. '5@57 @V:, ?V4 B8A:>< A2>TW A5AB@8, ><0=>20 ?>40;0 70O2C ?@> @>7V@20==O 4>3>2>@C, <>B82CNG8 F5 B8<, I> >;>4V=0 =5=0;56=8< G8=>< 28:>=C20;0 A2>W >1>2 O7:8. '5@57 <VAOFL ?VA;O FL>3> ><0=>20 ?><5@;0, V WW A5AB@0 ?>40;0 ?>7>2 ?@> 287=0==O 4>3>2>@C 4>2VG=>3> CB@8<0==O <V6 ><0=>2>N V >;>4V=>N =54V9A=8<, O: B0:>3>, I> 1C2 C:;045=89 ?V4 2?;82>< BO6:>W 4;O ><0=>2>W >1AB028=8 =0 2:@09 =5283V4=8E 4;O >AB0==L>W C<>20E. !C4 ?>7>2 704>2>;L=82. >;>4V=0 725@=C;0AO 4> 0?5;OFV9=>3> AC4C 7 ?@>E0==O< A:0AC20B8 @VH5==O <VAF52>3> AC4C, <>B82CNG8 F5 B8<, I>, ?>-?5@H5, B0:V 4>3>2>@8 C:;040NBLAO ;8H5 70 BO6:8E >1AB028=, 0 A0<5  C @07V =5?@0F5740B=>ABV >A>18, O:0 =5 <>65 A0<>ABV9=> A515 CB@8<C20B8. >-4@C35, 2 C<>20E 4>3>2>@C, ?>A2V4G5=>3> =>B0@VCA><, ?5@5410G0TBLAO <VAOG=89 @>7<V@ <0B5@V0;L=>3> 70157?5G5==O V B><C 4;O ><0=>2>W C<>28 4>3>2>@C =5 1C;8 2:@09 =5283V4=8<8, 0 =02?0:8. ?5;OFV9=89 AC4 ?>3>482AO 7 4>2>40<8 >;>4V=>W V A:0AC202 @VH5==O <VAF52>3> AC4C. 0 O:5 ?8B0==O B5<8 @>7@0E>20=> F5 70240==O? /: A;V4 28@VH8B8 A?@02C? "5<0 11. @54AB02=8FB2>. 0240==O: 52. :FV>=5@=5 B>20@8AB2> >;>A (40;V  ") 725@=C;>AL 4> AC4C 7 ?>7>2>< 4> 03@>DV@<8 >@O ?@> 287=0==O =54V9A=8< 4>3>2>@C =0 ?>AB02:C <V=5@0;L=8E 4>1@82.  >1@C=BC20==V ?>7>2C 1C;> 707=0G5=>, I> :5@V2=8: 2V44V;C <0@:5B8=3C, O:89 ?V4?8A02 4>3>2V@, =5 <02 ?>2=>2065=L 4VOB8 2V4 V<5=V ". !C4 28=VA @VH5==O ?@> 704>2>;5==O ?>7>2C. /: ?>28==0 1CB8 28@VH5=0 FO A?@020? /: N@848G=0 >A>10 74V9A=NT A2>W F82V;L=V ?@020 B0 >1>2 O7:8? 53. :FV>=5@=5 B>20@8AB2> (40;V  "), I> 283>B>2;O;> 1570;:>3>;L=V =0?>W, 15 G5@2=O 2004 @. 2840;> ?@0:AV=C 4>2V@5=VABL 157 707=0G5==O AB@>:C 4VW 4;O 70:C?V2;V C D5@<5@AL:8E 3>A?>40@AB20E ?><V4>@V2 70 FV=>N 2 3@=. 70 1 :3. ?@0A:V= 74V9A=N202 70:C?V2;N ?><V4>@V2 4> 6>2B=O 2004 @. # ;8?=V 2005 @. ?@0A:V= 74V9A=82 70:C?V2;N 10 B ?><V4>@V2 70 FV=>N 1 3@=. 90 :>?., 0;5 " 2V4<>28;>AO ?@89=OB8 ?><V4>@8 V >?;0B8B8 WE=N 20@BVABL, <>B82CNG8 A2>N 2V4<>2C B8<, I>, ?>-?5@H5, =0 F59 G0A 2>=> 265 70:C?8;> ?><V4>@8 C V=H8E 28@>1=8:V2 70 7=0G=> =86G>N FV=>N, B0, ?>-4@C35, 4VO 4>2V@5=>ABV 2V4 15.06.2004 @. ?@8?8=8;0AO, >A:V;L:8 <8=C;> 1V;LH5 >4=>3> @>:C 7 <><5=BC WW 2840GV, 0 >B65 ?@0A:V= 4VO2 157 ?>2=>2065=L. 0 O:5 ?8B0==O B5<8 @>7@0E>20=> F5 70240==O? 8@VH8BL A?@02C. 54. ;>B>2 1 ;NB>3> 2004 @. 28402 4>2V@5=VABL >B0?5=:C AB@>:>< =0 420 <VAOFV =0 ?@>406 >AB0==V< B5;52V7>@0 FV=>N =5 <5=H5 =V6 10 <V=V<0;L=8E 70@>1VB=8E ?;0B. >2V@5=VABL 1C;0 ?>A2V4G5=0 :><0=48@>< 2V9AL:>2>W G0AB8=8, 45 ;>B>2 ?@0FN202 2>4VT<. A:V;L:8 :><VAV9=89 <03078= 2V4<>282AO ?@89=OB8 B5;52V7>@ =0 :><VAVN, 0 ?>:C?FO >B0?5=:> =5 7=09H>2, 2V=, =5 ?>2V4><82H8 A2>3> 4>2V@8B5;O, 10 B@02=O B>3> 6 @>:C 28402 4>2V@5=VABL (C ?>@O4:C ?5@54>@CG5==O) 2 ?@>ABV9 ?8AL<>2V9 D>@<V AB@>:>< =0 HVABL <VAOFV2 A2>T<C A8=>2V. AB0==V9 ?@>402 B5;52V7>@, 0;5 70 FV=>N, 242VGV <5=H>N, =V6 C:070=0 2 ?5@HV9 4>2V@5=>ABV. ;>B>2 7060402 2V4 >B0?5=:0 2V4?>2V4=>W 4>?;0B8 01> ?>25@=5==O B5;52V7>@0, =0 I> >AB0==V9 2V4?>2V2, I> 2AV ?@5B5=7VW A;V4 04@5AC20B8 =5 9><C, 0 9>3> A8=C. 0 O:5 ?8B0==O B5<8 @>7@0E>20=> F5 70240==O? 8@VH8BL A?@02C. 55. >B;>2 28402 4>2V@5=VABL A2>W9 4@C68=V =0 >B@8<0==O 3@>H>2>3> 2:;04C C DV;VW I0410=:C. VA;O A<5@BV >B;>20 9>3> <0B8 O: A?04:>T<8FO 70 70:>=>< ?5@H>W G5@38 ?>40;0 ?>7>2 4> =52VAB:8 ?@> 28B@51C20==O 2 >AB0==L>W >B@8<0=>3> =5N 3@>H>2>3> 2:;04C, >A:V;L:8 2V= 1C2 2=5A5=89 =0 V< O >B;>20 I5 4> @5TAB@0FVW H;N1C, 0 >B65 2E>48BL 4> A:;04C A?04I8=8. !C4 704>2>;L=82 ?>7>2. # 0?5;OFV9=V9 A:0@7V 2V4?>2V40G:0, =5 ?>3>46CNG8AL V7 @VH5==O< AC4C, 2:070;0 =0 B5, I>, >A:V;L:8 WW G>;>2V: 28402 W9 4>2V@5=VABL =0 >B@8<0==O 2:;04C 157 1C4L-O:8E >1<565=L, 2>=0 =01C;0 ?@02> @>7?>@O460B8AO 3@>H8<0 =0 A2V9 @>7AC4 V B><C 28B@0B8;0 WE =0 ?>E>20==O G>;>2V:0. >73;O=LB5 4>2>48 AB>@V=. /: A?V22V4=>AOBLAO B0:V ?>=OBBO O: ?>2=>2065==O V ?@54AB02=8FB2>? 56. D@5<>2, O:89 ?@0FN202 C B>20@8AB2V 7 >1<565=>N 2V4?>2V40;L=VABN !?5F=0;03>465==O (40;V  "), >GV:CNG8 =0?@02;5==O 2 A:;04V 1@83048 2 4>23>AB@>:>25 2V4@O465==O, 28402 A2>T<C :>;57V 0A8;5=:C 4>2V@5=VABL =0 >B@8<0==O 70@>1VB=>W ?;0B8. A:V;L:8 28W74 C 2V4@O465==O =5 2V41C2AO, D@5<>2 ?>?@>A82 0A8;5=:0 ?>25@=CB8 4>2V@5=VABL.  45=L 2840GV 70@>1VB=>W ?;0B8 D@5<>2 4V7=02AO, I> 9>3> 3@>HV :0A8@ 28402 ?> 4>2V@5=>ABV 0A8;5=:C. AB0==V9 =5 70?5@5GC202 FL>3>, 0;5 ?>OA=82, I> ?>25@=CB8 >B@8<0=V 3@>HV 70@07 2V= =5 <>65, 1> 28B@0B82 WE =0 ?@8410==O E>;>48;L=8:0. '5@57 45O:89 G0A 0A8;5=:> 72V;L=82AO 7 @>1>B8 70 2;0A=8< 1060==O< V ?>B@0?82 4> ;V:0@=V, I> 702048;> 9><C ?>25@=CB8 3@>HV D@5<>2C. D@5<>2 725@=C2AO 7 ?>7>2>< 4> " ?@> 2840GC 9><C 70@>1VB=>W ?;0B8 =0 BV9 ?V4AB02V, I> =0:07 ?@> 9>3> 2V4@O465==O =5 1C2 2840=89, 0 1CE30;B5@VO " 7=0;0 01> ?>28==0 1C;0 7=0B8, I> 2V4@O465==O 1@83048 1C;> 2V4:;045=5, B><C :0A8@ =5 2?@02V 1C;0 284020B8 9>3> 70@>1VB=C ?;0BC 0A8;5=:C. 0 O:5 ?8B0==O B5<8 @>7@0E>20=> F5 70240==O? 8@VH8BL A?@02C. "5<012. 4V9A=5==O F82V;L=8E ?@02 V 28:>=0==O F82V;L=8E >1>2 O7:V2. 0E8AB F82V;L=8E ?@02. 0240==O: 57. VA;O A<5@BV ":0GC:0 2V4:@8;0AO A?04I8=0 (:20@B8@0 C <. %0@:>2V), =0 O:C <>3;8 ?@5B5=4C20B8 O: A?04:>T<FV 70 70:>=>< ?5@H>W G5@38 9>3> 4@C68=0, 42V 4>=L:8, O:V ?@>6820;8 @07>< V7 A?04:>402F5<, B0 A8=, O:89 <5H:02 2 V=HV9 45@602V. '5@57 B@8 <VAOFV ?VA;O A<5@BV G>;>2V:0 4@C68=0 725@=C;0AO 4> =>B0@V0;L=>W :>=B>@8 7 70O2>N ?@> ?@89=OBBO A?04I8=8. 4=0 4>=L:0 2V4<>28;8AO 2V4 ?@89=OBBO A?04I8=8 =0 :>@8ABL <0B5@V. V4 4@C3>W 4>=L:8 B0 A8=0 =VO:8E 70O2 4> =>B0@V0;L=>W :>=B>@8 =5 =04E>48;> ?@>BO3>< H5AB8<VAOG=>3> AB@>:C, 2AB0=>2;5=>3> 4;O ?@89=OBBO A?04I8=8 (AB. 1270 &). /:V VA=CNBL A?>A>18 74V9A=5==O AC1 T:B82=8E F82V;L=8E ?@02? 0 4>?><>3>N O:8E 4V9 V 2 O:89 AB@>: <>65 2V41C20B8AO 74V9A=5==O F82V;L=8E ?@02 C A?04:>28E ?@02>2V4=>A8=0E ?@8 ?@89=OBBV A?04I8=8? 58. VH:8=0 725@=C;0AO 4> =>B0@VCA0 7 ?@>E0==O< ?>A2V4G8B8 4>3>2V@, 70 O:8< 2>=0 ?5@540T A2>W9 7=09><V9 !0<>EV=V9 ?@02> =0 >B@8<0==O ?@>BO3>< >4=>3> @>:C 0;V<5=BV2 2V4 WW :>;8H=L>3> G>;>2V:0, I>1 B0:8< G8=>< @>7@0EC20B8AO 70 ?@8410=89 =5N C !0<>EV=>W =525;8G:89 <51;5289 30@=VBC@. )> <0T 2V4?>2VAB8 =>B0@VCA? 59. 5@57V=0 C:;0;0 4>3>2V@ :C?V2;V-?@>406C A2>TW B@8:V<=0B=>W :20@B8@8, I> 7=0E>48;0AO C 4><V, @>7B0H>20=><C 2 F5=B@V <. %0@:>20. '5@57 45O:89 G0A ?@>:C@>@ 75@68=AL:>W @09>==>W ?@>:C@0BC@8 <. %0@:>20 725@=C2AO 4> <VAL:>3> AC4C 7 ?>7>2>< ?@> 287=0==O 4>3>2>@C :C?V2;V-?@>406C :20@B8@8 =54V9A=8<. /: 7 OAC20;>AO 5@57V=0 <0;0 G>B8@L>E =5?>2=>;VB=VE 4VB59, O:8E 2>=0 ?@8 ?>40==V 4>:C<5=BV2 =0 ?@820B870FVN =5 2:070;0 O: B0:8E, I> <5H:0NBL 7 =5N 2 :20@B8@V, 0 707=0G8;0, I> 2>=8 ?@>6820NBL C WW <0B5@V 2 A5;8IV ?>1;87C <. %0@:>20. VA;O B>3> O: 5@57V=0 2 @57C;LB0BV ?@820B870FVW AB0;0 T48=8< 2;0A=8:>< :20@B8@8 2>=0 ?@>40;0 WW @82:>. /: ?>28==0 1CB8 28@VH5=0 A?@020? /:V >A=>2=V 70A048 74V9A=5==O AC1 T:B82=8E F82V;L=8E ?@02? 60. C: O=5=:>, I> ?@>68202 V7 AV< TN 2 =525;8G:><C 1C48=:C, CA?04:>20=><C 2V4 10BL:V2, 28@VH82 ?>;V?H8B8 A2>W 68B;>2V C<>28 H;OE>< 1C4V2=8FB20 =>2>3> 1C48=:C =0 75<5;L=V9 4V;O=FV, 45 1C2 @>7B0H>20=89 AB0@89 1C48=>:.  72 O7:C 7 F8< C: O=5=:> 725@=C2AO 4> @09>==>W @048 70 ?>3>465==O< ?@>5:BC =>2>3> 1C48=:C, >4=0: 2 4>72>;V =0 1C4V2=8FB2> 9><C 1C;> 2V4<>2;5=> 7 ?>A8;0==O< =0 B5, I> 2V4?>2V4=> 4> 70?@>?>=>20=>3> =0 70B25@465==O ?@>5:BC =>289 1C48=>: 1C45 ?5@5:@820B8 ?@8@>4=5 >A2VB;5==O ACAV4=L>3> 1C48=:C. C: O=5=:>, 22060NG8, I> 9>3> ?@020 O: 2;0A=8:0 75<5;L=>W 4V;O=:8 ?>@CH5=V, 725@=C2AO V7 A:0@3>N 4> AC4C. /:5 @VH5==O ?>28=5= 28=5AB8 AC4? 61. $>=4 45@602=>3> <09=0 #:@0W=8 (40;V  $#)  =09<>4025FL C:;02 4>3>2V@ =09<C (>@5=48) A?>@C48 7 B>20@8AB2>< 7 >1<565=>N 2V4?>2V40;L=VABN !?>@B82=89 <548:>-2V4=>2;N20;L=89 F5=B@ (40;V  ") - =09<0G5<, 2V4?>2V4=> 4> C<>2 O:>3> >AB0==V9 7>1>2 O702AO A2>TG0A=> 74V9A=N20B8 ?>B>G=89 V :0?VB0;L=89 @5<>=B A?>@C48. '5@57 B@8 @>:8 $# 725@=C2AO 4> 3>A?>40@AL:>3> AC4C 7 28<>3>N @>7V@20B8 4>3>2V@ =09<C (>@5=48) =0 ?V4AB02V AB. 783 &, <>B82CNG8 A2>W 28<>38 B8<, I> 2V4?>2V40G =5=0;56=8< G8=>< 28:>=C202 C<>28 4>3>2>@C V =0 ?@>BO7V 1V;LH =V6 42>E @>:V2 =5 74V9A=82 =5 BV;L:8 :0?VB0;L=>3>, 0;5 =02VBL V ?>B>G=>3> @5<>=BC. 5@52V@:0 B5E=VG=>3> AB0=C A?>@C48 ?>:070;0, I> 5:A?;C0B0FV9=0 O:VABL WW =5704>2V;L=0 (@O4 :>=AB@C:FV9 B0 ?@8<VI5=L ?>B@51CNBL =52V4:;04=>3> @5<>=BC, ?>:@V2;O <0T 7=0G=V ?>H:>465==O). V4?>2V40G ?@>B8 ?>7>2C 70?5@5GC202, ?>A8;0NG8AL =0 B5, I> ?>-?5@H5, 4>3>2>@>< =09<C (>@5=48) =5 :>=:@5B87>20=> ?5@V>48G=VABL ?@>2545==O @5<>=BC; ?>-4@C35, ?>7820G (=09<>4025FL) 2V4?>2V4=> 4> AB. 776 & ?>28=5= A0< 74V9A=N20B8 :0?VB0;L=89 @5<>=B ?5@540=>3> 2 =09< <09=0. 4=0:, =5 482;OG8AL =0 F5, " 265 C:;0;> 4>3>2V@ 7 V=H>N N@848G=>N >A>1>N =0 ?@>2545==O @5<>=B=8E @>1VB. >7820G 7 4>2>40<8 =09<0G0 =5 ?>3>482AO, ?>A8;0NG8AL =0 =54>B@8<0==O >AB0==V< C<>2 4>3>2>@C, O:V ?>2=VABN 2V4?>2V40NBL 28<>30< ?.2 AB.18 0:>=C #:@0W=8 @> >@5=4C 45@602=>3> V :><C=0;L=>3> <09=0. /:8< G8=>< ?>28==V 28:>=C20B8AO F82V;L=V >1>2 O7:8? 8@VH8BL A?@02C. 62. @C3;>20 C:;0;0 4>3>2V@ ?>1CB>2>3> ?V4@O4C =0 @5<>=B A2>3> E>;>48;L=8:0 7 ?@820B=8< ?V4?@8T<F5< 5B@>28<. # 4>3>2>@V 1C;> 707=0G5=>, I> @5<>=B 1C45 74V9A=5=> ?@>BO3>< >4=>3> <VAOFO. 0 73>4>N AB>@V= C 4>3>2V@ 1C2 2=5A5=89 ?C=:B, 2V4?>2V4=> 7 O:8< CAV A?>@8 <V6 :>=B@035=B0<8 <0NBL 28@VHC20B8AO ;8H5 H;OE>< ?5@53>2>@V2 157 725@=5==O 4> AC4C. VA;O B>3>, O: ?@>9H;> B@8 <VAOFV 7 <><5=BC C:;045==O 4>3>2>@C, 0 E>;>48;L=8: =5 1C2 2V4@5<>=B>20=89, @C3;>20 725@=C;0AO 7 ?8AL<>2>N ?@5B5=7VTN 4> 5B@>20, ?@>B5 2V4?>2V4V =5 >B@8<0;0. '8 2B@0B8;0 @C3;>20 ?@02> =0 AC4>289 70E8AB? /:V A?>A>18 70E8ABC ?>@CH5=>3> ?@020 <>6CBL 1CB8 70AB>A>20=V @C3;>2>N? 63. 02@8=5=:> C:;02 C ?@>ABV9 ?8AL<>2V9 D>@<V 4>3>2V@ :C?V2;V-?@>406C :><? NB5@C 7 0:FV>=5@=8< B>20@8AB2>< =V?@> (40;V  ") V7 @>7AB@>G5==O< >?;0B8 =0 1 @V:. '5@57 3 <VAOFV 2V= ?@>402 :><? NB5@ @02G5=:> B0 72V;L=82AO 7 @>1>B8. " 725@=C;z$ ( , \ $ F \ ^ > B F  虎xmmbh6hCJaJh6h\)CJaJh6hkCJaJh6h/CJaJh6h3BCJaJh6h3B5CJaJh6h*oCJaJh6hq0CJaJh6h2CJaJh6h=C2CJaJh6hZ.5CJaJh6hGCJaJh6h ECJaJh6h E5CJaJ&L|~$ & ( Z \ T $1$a$ ^ | " > @ B D F  dh1$`gd3B & F  8dh1$^`gd3B$dh1$`a$gd3B1$ @41$^441$^4$1$a$Rvx4z> & F 8Tdh1$gd3B 8Tdh1$`gd3B$dh1$`a$gd3B dh1$`gd3B & F  8dh1$^`gd3B*0LP~ DPRlrtzR)^))ԾԾԳ߳ԾɾԨԝԾߝԑ|ph6h3B6CJaJh6h3BaJh6hI5CJaJh6h3B5CJaJh6h`CJaJh6hVCJaJh6h[-CJaJh6h\)CJaJh6h XrCJaJh6h3BCJaJh6hCJaJh6hnCJaJh6ho:CJaJ+B"%(R))~*N----..(. $$1$Ifa$gdLD$1$a$$dh1$`a$gdI$ & F dh1$a$gd3B$ dh1$`a$gd3B$dh1$`a$gd3B$ 8Tdh1$`a$gd3B))~**N-P-V-X----.&...:.<.^.`..................ĸĬ~~rffZfh6hY&n5CJaJh6hR5CJaJh6hd/5CJaJh6h%CJaJh6h>"CJaJh6h>"5CJaJh6h5CJaJh6hN5CJaJh6hI5CJaJh6h E5CJaJh6ha;5CJaJh6h ECJaJh6h3BCJaJh6h3B6CJ]aJ"(.*.,...<.`..qccccc $$1$Ifa$gdLDkd$$Ifl4F4$h8 t05y    44 la......I>000 $$1$Ifa$gdLD $1$Ifgdl kd$$Ifl4Ur4` $ h 8 t05y44 la...../kdL$$Iflr4` $h8 t05y44 la $$1$Ifa$gd% $$1$Ifa$gdLD..../b/d/f/h/j/l/n/v///////////////L0N0P0R0T0V0X0Z0\0ϸϬϠϔ۸۔۠۸}qfZ۬۠h6hUL65CJaJh6hl CJaJh6h>"5CJaJh6he5CJaJh6hLCJaJh6hL5CJaJh6hi5CJaJh6hbQ5CJaJh6hd/5CJaJh6he)CJaJh6h 5CJaJh6h5CJaJh6h 5CJaJh6h%5CJaJ#.d/h/l/p/t/ $$1$Ifa$gdLD $1$Ifgdl t/v/////K@222 $$1$Ifa$gdLD $1$Ifgdl kd$$Iflr4` $h8 t05y44 la///P0T0X0=2 $1$Ifgdl kd$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLDX0\0`0b000=2 $1$Ifgdl kd7$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLD\0^0b0r000000000000081:1P1R1T1X1Z1\1^1`1b1d1h1x11111111111}qeh6hEK5CJaJh6h}5CJaJh6hY&n5CJaJh6h }5CJaJh6h5CJaJh6hi5CJaJh6hbQ5CJaJh6hd/5CJaJh6hl CJaJh6he)CJaJh6h>"5CJaJh6h5CJaJh6h4o5CJaJ'00000T1=2 $1$Ifgdl kd$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLDT1Z1^1b1f1h1=kdu$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLDh111111 $$1$Ifa$gdLD $1$Ifgdl 1112h2222222222222333333 3"3$3&3*3:3<3N3癎Ƀxl`Uh6hYCJaJh6h>"CJ\aJh6h>B5CJaJh6hY&nCJaJh6hCJaJh6h>"CJaJh6h>"5CJaJh6he5CJaJh6hi5CJaJh6hbQ5CJaJh6he)CJaJh6he)5aJh6h>"aJh6h5CJaJh6hd/5CJaJ11h22K4) $1$Ifgdl $d$If^`a$gdl kd$$Iflr4` $h8 t05y44 la222222?kd$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLD2333 3$3(3 $$1$Ifa$gdLD $1$Ifgdl (3*3R3T3Z3^3K@@22 $$1$Ifa$gdLD $1$Ifgdl kdN$$Iflr4` $h8 t05y44 laN3P3R3T3X3Z3\3^3`3b3d3h3x3z333333333333344b4d4f4h4j4l4n4p4r4t4x4444ĸĬĠĸĬĠtĸhĠth6hXR5CJaJh6h11CJaJh6hCJaJh6hYCJaJh6h>"CJaJh6h>"5CJaJh6hY&n5CJaJh6hbQ5CJaJh6h5CJaJh6hd/5CJaJh6hY&nCJaJh6hCJ\aJh6hYCJ\aJ(^3b3f3h333=22 $1$Ifgdl kd$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLD333333=kd$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLD3f4j4n4r4v4 $$1$Ifa$gdLD $1$Ifgdl v4x44444MB444 $$1$Ifa$gdLD $1$Ifgdl kd+$$Iflr4` $h8 t05y44 la44444444444:5<5@5B5D5F5H5J5L5P5b55555555555556 6"6&6(6*6,6.6062666F6H6J6øáÖÖh6h|65CJaJh6hCJaJh6h>"CJaJh6hP CJaJh6hY&n5CJaJh6h11CJaJh6h>"5CJaJh6h>B5CJaJh6hbQ5CJaJh6hd/5CJaJh6h5CJaJ/444<5B5F5=2 $1$Ifgdl kd$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLDF5J5N5P555=2 $1$Ifgdl kde $$Iflr4` $h8 t05y44 la $$1$Ifa$gdLD55555"6=2 $1$IfgdYkd $$Iflr4` $h8 t05y44 la $$1$Ifa$gdLD"6(6,6064666=kd $$Iflr4` $h8 t05y44 la $$1$Ifa$gdLDJ666666666666666666667@7B7D7F7H7J7L7N7P7T7d7f7777魢ݭݭ݊sŊg\h6hgCJaJh6hJ5CJaJh6hbQ5CJaJh6h|6CJaJh6h|65CJaJh6hXRCJ\aJh6hXRCJaJh6hXR5CJaJh6he5CJaJh6hi5CJaJh6hg5CJaJh6hd/5CJaJh6h5CJaJh6hCJaJ#6666666 $$1$Ifa$gdLD $IfgdY666666K@@22 $$1$Ifa$gdLD $1$IfgdYkdB $$Iflr4` $h8 t05y44 la6666@7B7=22 $1$IfgdYkd $$Iflr4` $h8 t05y44 la $$1$Ifa$gdLDB7F7J7N7R7T7=kd $$Iflr4` $h8 t05y44 la $$1$Ifa$gdLDT777777 $$1$Ifa$gdLD $IfgdY7777777777(8*8,8.80828486888:8<8@8P8R8888888888÷۫Ê~ϫësj^Sh6h>"CJaJh6h>"5CJaJh6hYaJh6hgCJaJh6hbQ5CJaJh6hEK5CJaJh6hY6aJh6h|6CJaJh6h|65CJaJh6he5CJaJh6hd/5CJaJh6hY&n5CJaJh6h5CJaJh6hg5CJaJh6hUL65CJaJ 77,82868:8K@222 $$1$Ifa$gdLD $1$IfgdYkd- $$Iflr4` $h8 t05y44 la:8>8@8888=2 $1$IfgdYkd $$Iflr4` $h8 t05y44 la $$1$Ifa$gdLD888889=22 $1$IfgdYkd$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLD8888999999 9"9$9&9(9,9<9999999999999::ǻǯǥznzzbzYh6hYaJh6hDY5CJaJh6hbQ5CJaJh6h|65CJaJh6hd/5CJaJh6hY5aJh6h|6aJh6h|65aJh6h[5CJaJh6hi5CJaJh6h5CJaJh6hyV0CJaJh6hyV05CJaJh6hYCJaJh6h|6CJaJ99999"9$9(9*9 $$1$Ifa$gdLD*9,99999K<... $$1$Ifa$gdLD$d$Ifa$gdYkd&$$Iflr4` $h8 t05y44 la999: ::=.$d$Ifa$gdYkd$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLD: : ::::::*:F:H:J:L:N:P:R:T:V:Z:l:v:z::;; ; ;;;;;;;;.;;;;;;;;;;;żżŜuh6hDY5CJaJh6hi5CJaJ h6hYh6hY5h6h2)5CJaJh6hYNHaJh6hyV0aJh6hYaJh6hY5aJh6hd/5CJaJh6hY&n5CJaJh6hbQ5CJaJh6hY5CJaJ,::::H:L:=1 $$Ifa$gdYkdr$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLDL:P:T:X:Z::=.$d$Ifa$gdYkd$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLD: ;;;;; $$1$Ifa$gdLD $$Ifa$gdY;;;;K<1 $1$IfgdY$d$Ifa$gdYkd$$Iflr4` $h8 t05y44 la;;;;;;=kdO$$Iflr4` $h8 t05y44 la $$1$Ifa$gdLD;;;;;; $$1$Ifa$gdLD $1$IfgdLD;;<<K@5 $1$IfgdNtT $1$IfgdLDkd$$Ifl#r4` $h8 t05y44 la;;;<<<<"<$<&<(<<<<<<<==b=>>>>@@AApBrB|C~CCDFEHEzEʾ}sgsgsgsgsgsgs^sgsh6huaJh6hu5NHaJh6hu5aJh6hu5CJaJh6h CJaJh6hICJaJh6h11CJaJhACJaJh6ha5CJaJh6h5CJaJha5CJaJh6hp5CJaJh6h ECJaJhNtT5CJaJh6hI5CJaJ$<<<{ $Ifgd`{kd$$Ifl#0$h t05y44 la<<<<<<< <"<$<&<(<<~~~o$dh`a$gd $dh1$`a$gd'w $1$`a$gde)ckd$$Ifl4-p5p05l-4 laf4 <=b=>CDzEEFNN(PpPP^TT[B]_`llm|m$^`a$gd'w ^`gd'w$dh`a$gd'w$dh`a$gd zEEFFHFFFGG4H6HIIIIJJJJKKLLjMlM4N6NFNNROTO(P*P4P6P>P@PnPpPPPPQQlSnSTTVT^TTTT\U^UVV^W`WZZr[t[*\,\\\] ]^^Z^\^p_r__`h6he)aJh6h aJh6h~jaJh6h11aJh6hu5NHaJh6hu5aJh6huaJJ`FaHabbTcVcccee`fbfggThVhpiriJjLjkkllmmnnpnooooxpzpppjqlqqqrrssZt\t*u,uuuJvLv wwwwxx2y4yyyyy2|4|vx 468>@:<h6huaJh6hu5NHaJh6hu5aJX|mmqqyy4 jƋ 4,\$dh`a$gd'w dh`gd'w$dh`a$gd'w $`a$gd ^`gd'w$^`a$gd'w $hjNPƋ HJЎҎrt`b$&4D*,.8<h6h~j5CJaJh6h-5CJaJh6hY5aJh6hYNHaJh6haJh6hYaJh6hu5NHaJh6h11aJh6huaJ h6h~j h6h h6hu5aJ5<>BDZ\,.ΚКڛܛМҜrttvfh\^ԣ֣VX|~ ^źšššššššššŕššh6huaJh6ha5CJaJh6hu5CJaJh6hu5NHaJh6huCJNHaJh6huCJaJh6hu5aJh6h~j5CJaJh6h-5CJaJh6h 5CJaJh6h5CJaJ2\2|^̯Fx t dh`gd'w ^`gd'w$dh`a$gd'w$dh`a$gd'w ^`gd'w$dh`a$gd'w $`a$gd'w46¯:DFDFtv $&hj DF68tvƹƹƹƹƹƹƯ饛h6huaJh6h 6aJh6h~j6aJh6h|66aJh6hu6aJh6huCJNHaJh6huCJaJh6h5CJaJh6hu5CJaJh6hu5aJh6hu5NHaJ4tz*\ 0HJ*H $`a$gd'w$dh`a$gd $dh^`a$gd'w$dh`a$gd'w dh`gd'w dh`gd'w dh`gd'wPRdf\^^`FH *\02 0HJTVXZ^`PR02HL˿˳˧˛h6h|65aJh6hr@5CJaJh6h 5CJaJh6hi5CJaJh6h~j5CJaJh6h&5CJaJh6huCJaJh6hu5aJh6huaJh6huNHaJ9*FH,.68:8:XZLNprضث|pdh6h/5CJaJh6hk5CJaJh6h{5CJaJh6hH>CJaJh6h11CJaJh6huCJNHaJh6huCJaJh6hu56aJh6hu5NHaJh6h 5aJh6hu5aJh6h|65aJh6huaJh6huNHaJ&H8prtvxz|~$dh1$`a$gd'wdh^`gd'w$dh^`a$gd'w $`a$gd'w dh`gd'wbP< & F ^`gd  & F ^`gdV & F ^`gd|$dh1$`a$gd|$dh1$`a$gd(]s$dh1$`a$gd(]s$dh1$`a$gd'w(*,.\bPdf<N Rݽ}qe[O[h6h 5NHaJh6h 5aJh6hr@56aJh6h%56aJh6h 5h6hr@5h6h%5h6h|5h6h|5NHaJh6hV5aJh6h|5aJh6h|56aJh6hr@5aJh6hgo5aJh6h E5aJh6h/5CJaJh6hr@5CJaJ<Rh2~`vvn dh1$`gd0f dh1$`gd(]s dh1$`gd  & F ^`gd $dh1$`a$gd R\^dh26NPvx68~`d24 @Bz|lnv n··­···­····­·········­···­ h6ho]h6h E6aJh6h ENHaJh6h EaJh6h E5aJh6h E56aJh6hr@5aJh6h%5aJh6hL5aJ@.@ "$\lnvx0ɽɳ򣗍ymye]TKTh6haJh6h EaJh6hr@5h6h0f5h6h#VI5NHaJh6h#VI5aJh6h0f6aJh6hr@6aJh6h{6\aJ h6h4oh6h4oaJh6h4o\aJh6h0f5NHaJh6h0f5aJh6hr@56aJh6h56aJ h6ho] h6h h6hr@n.@ h$\nJ0$dh1$`a$gd(]s & F gd0f$^`a$gd(]s & F ^`gd0f$dh1$`a$gd0f$^`a$gd0f:tv.4  L%N%V%%%L&N&&&r't'&)()))) ****P,R,,,v-x-....&/(/0/h/˶˶˶˶˶h6h E6NHaJh6h E6aJh6h ENHaJh6h EaJh6h E56aJ h6hi h6hr@ h6hh6h E5aJ?:.!V%%) *0//n55n::AB8FF.NNxUU\ ]gh dh1$`gd(]s 8dh1$`gd(]sh/j/////44n555667799n:::";$;B<D<`=b===??ABBCCDD8FFFGJJKKKKBLDLbMdM.NNNOOQQRRSSTTxUUUHVJVYYYYZZ\h6h ENHaJh6h EaJh6h E5aJh6h E6NHaJh6h E6aJh6hl6aJL\ ](]2^4^^^aa:dhnZnnnvw{~&<֍(ғ0,.$dh1$`a$gd(]s$^`a$gd(]s dh1$`gd(]sDwFwwwxx.y0y||ƀȀ:<<DDFlnֈ؈46ȋʋ֍(0RTHJbdtvғRT "<>,.68bdh6h ENHaJh6h EaJh6h E5aJh6h E6aJh6h E6NHaJP.0jl0$&,4ЦҦܧާpr .&(Ȭʬp(*PRޯ46 <IJƲZ\"*68rtTV$&h6h E5aJh6hi6aJh6h E6NHaJh6h E6aJh6h ENHaJh6h EaJL.pޯ <"bN$^`a$gdg dh1$`gdg dh1$`gd(]s  02@Bbtv "24  XZ$6:LPVZžžžžžžūh6hR56aJ h6hi h6h3P h6hRh6h E5aJh6h E6NHaJh6h E6aJh6h EaJh6h ENHaJA:B  D dh1$`gd(]s dh1$`gdg & F 8^`gdg$dh1$`a$gdgDF"$BD:B ,ʶʠʗʗyyyyʗyh6hiaJh6h E6aJh6h ENHaJh6h EaJh6h E56aJh6hi5aJh6h3P5aJh6hR5aJh6h E5aJh6hg5aJh6hl5NHaJh6hl5aJh6h3P56aJ/,."$JLTVDFB.0$&(*242 4      \ ^ j l     x z "$h6h E6NHaJh6h E5aJh6h E6aJh6h ENHaJh6h EaJh6hiaJM>@^`DNRXhjl "FHbd,.!!! ##^%`%8(:())\**+,,//0044445ĺخh6hiaJh6h E56aJh6hi5aJh6h+5aJh6h5aJh6h E5aJh6h E6aJh6h ENHaJh6h EaJADl!!\**5.77@AGJKXPQWXXZ]b^aZbgh dh1$`gd(]s$dh1$`a$gd(]s55.777R8T8::;;R<T<>>V?X?H@J@@AACCZD\DDDFF"G$G*H,HHHJKKLLhNjNOOPPXPrQtQQQ,S.SSSNTPTTTWXX`X^Y`YYY|Z~Z[[]b^j^aaaZbbbddh6h E6NHaJh6h E5aJh6h E6aJh6h EaJh6h ENHaJPdeegh&hjjkkllmmm.n0n8n@nnn`obooovvvw"w(w,wFwJwLw`whwyyzzzVҀڀ46҆NTZ\Xظخh6h E56aJh6hk5aJh6h 5aJh6h2mT5aJh6h E6NHaJh6h E5aJh6h E6aJh6h ENHaJh6h EaJ@hm8nFrvwLw`wzzVҀ҆NXޔZ&$X$dh1$`a$gd(]s$dh1$`a$gd(]s dh1$`gd(]sX܌ތ"VXz|<>ޔZdhn&.\^(*$xlxlx`R`h6h E6NHaJhh6h E6aJhh6h ENHaJhh6h EaJhh6h E5aJhh6h E56aJhh6h5CJaJh6h 5CJaJh6h2mT5CJaJh6h E5CJaJh6h ENHaJh6h EaJh6h E5aJh6h E6NHaJh6h E6aJ $,FHX24ƠȠRTLTΤФvx $hp*,VXz|LN:ƴδ@B޹ƻ~L~N~~~>FȼҮUh6h E6NHaJhh6h E6NHaJh6h E6aJh6h E6aJhh6h ENHaJhh6h EaJhh6h E5aJhDL$h:ƴ޹>\Vt,:¦`$dh1$`a$gd(]s$dh1$`a$gd(]s dh1$`gd(]s>AO 4> =>B0@VCA0 7 ?@>E0==O< 2G8=8B8 28:>=02G89 =0?8A =0 4>3>2>@V :C?V2;V-?@>406C C :@548B 4;O ABO3=5==O 701>@3>20=>ABV 7 02@8=5=:0 C 157A?V@=><C ?>@O4:C. >B0@VCA 2V4<>282 C 2G8=5==V 28:>=02G>3> =0?8AC. " 725@=C;>AO 4> AC4C 70 70E8AB>< A2>3> ?@020. /: ?>28==0 1CB8 28@VH5=0 A?@020? 64. C:@TT20 7 <. >;B028 ?@8WE0;0 C <. %0@:V2 ?<@>2V40B8 @V4=>3> 1@0B0 >20;5=:>. ;5 7CAB@VG @>48GV2 =5 2V41C;0AO. # :20@B8@V 1@0B0 B5?5@ ?@>68202 =57=09><89 W9 G>;>2V:, O:89 =VG>3> W9 =5 ?>OA=82. !CAV48 @>7?>2V;8, I> >20;5=:> =5 ?@>6820T C FV9 :20@B8@V 1V;LH5 @>:C, 0 <0965 3 <VAOFV B0< <5H:0T !02G5=:>, O:89, I>?@0240, I>1 ?>B@0?8B8 C :20@B8@C ?>7;0<C202 70<:8 2EV4=8E 425@59. C:@TT20 725@=C;0AO 4> @09>==>W ?@>:C@0BC@8 2 <. %0@:>2V 7 28<>3>N 268B8 70E>4V2 4> ?@8BO3=5==O !02G5=:0 4> 2V4?>2V40;L=>ABV 70 A0<>2V;L=5 70=OBBO :20@B8@8 WW 1@0B0. ?8B0=89 ?@>:C@>@>< ?V4 G0A ?>?5@54=L>W ?5@52V@:8 !02G5=:> 70A2V4G82, I> :20@B8@C 2V= :C?82 C >20;5=:0, 0;5 B>9, >B@8<02H8 3@>HV, =5 70;8H82H8 :;NGV2 2V4 =5W. "><C 2V=, O: =>289 2;0A=8: 70AB>AC202 2V4?>2V4=V 70A>18, I>1 70157?5G8B8 <>6;82VABL :>@8ABC20B8AO A2>TN :20@B8@>N. 02545=V =8< 0@3C<5=B8 T, 7 9>3> B>G:8 7>@C, ?V4AB02>N 22060B8 A2>W 4VW ?@02><V@=8<8. /: 1C45 28@VH5=0 FO A?@020? /:V VA=CNBL A?>A>18 70E8ABC F82V;L=8E ?@02? 65. C;VH C A2>T<C 30@06V, I> 7=0E>482AO 75<5;L=V9 4V;O=FV, I> =0;568BL 9><C =0 ?@02V ?@820B=>W 2;0A=>ABV, 2V4:@82 02B>@5<>=B=C <09AB5@=N. # 72 O7:C 7 25;8:>N :V;L:VABN 70<>2;5=L 2V= 28@VH82 ?5@51C4C20B8 30@06, 7=0G=> 71V;LH82H8 9>3> ?;>IC. @30= <VAF52>3> A0<>2@O4C20==O, 4> O:>3> 725@=C2AO C;VH 70 C73>465==O< ?@>5:BC, 2V4<>282 9><C C 2840GV 4>72>;C =0 1C4V2=8FB2>, 1> =0 4VO;L=VABL C;VH0 =04V9H;8 A:0@38 ACAV4V2 ?> 2C;8FV, 2 O:8E 707=0G0;>AO, I> ?V4?@8T<=8FL:0 4VO;L=VABL >AB0==L>3> A?@8G8=OT W< 7=0G=V =57@CG=>ABV, 0 A0<5 - ?>ABV9=89 HC<, 70307>20=VABL, ?V428I5=C =5157?5:C. C;VH, 22060NG8, I> O: 2;0A=8: 75<5;L=>W 4V;O=:8 9 30@060 2V= <0T ?@02> =0 A2V9 @>7AC4 28:>@8AB>2C20B8 F5 <09=>, @>7?>G02 ?5@51C4>2C 30@060. !CAV48 6 ?5@54 2 W74>< C 30@06 C;VH0 28@8;8 25;8G57=C O<C, G8< ?>71028;8 9>3> <>6;82>ABV :>@8ABC20B8AO F8< ?@8<VI5==O< 9 74V9A=N20B8 ?V4?@8T<=8FL:C 4VO;L=VABL. C;VH 725@=C2AO 4> AC4C 70 70E8AB>< A2>3> <09=>2>3> ?@020. /: A;V4 28@VH8B8 A?@02C? "5<013. &82V;L=>-?@02>20 2V4?>2V40;L=VABL. 0240==O: 66. >AV= ?>?@>A82 2>4VO B0:AV 2V4257B8 9>3> C <. 5@30GV. >4V9, ?>A8;0NG8AL =0 A5@F5289 =0?04, 289H>2 7 <0H8=8 4> 0?B5:8 70 <548:0<5=B0<8, 70;8H82H8 :;NG 2 70<:C 70?0;N20==O. !:>@8AB02H8AL B8<, I> <0H8=0 70;8H5=0 157 =03;O4C, >AV= AV2 70 :5@<>, @CH82 7 <VAFO V A:>W2 =0W74 =0 <0H8=C 0@:V2FO, I> AB>O;0 =0 C71VGGV. =0A;V4>: =0W74C B0:A><>B>@=><C ?0@:C B0 0@:V2FN 1C;> 70?>4VO=> <0B5@V0;L=V 718B:8. 0@:V25FL 725@=C2AO 7 ?>7>2>< ?@> ABO3=5==O 7 B0:A><>B>@=>3> ?0@:C V >AV=0 6700 3@=. (20@BVABL @5<>=BC 02B><>1V;O). VAL:89 AC4 8W2AL:>3> @09>=C <. %0@:>20 ABO3=C2 7 >AV=0 =0 :>@8ABL 0@:V2FO 6700 3@=., 72V;L=82H8 B0:A><>B>@=89 ?0@: 2V4 <0B5@V0;L=>W 2V4?>2V40;L=>ABV. 5 ?>3>482H8AL V7 @VH5==O< AC4C, ?>A8;0NG8AL =0 B5, I> H:>4C ?>28=5= 2V4H:>4>2C20B8 2;0A=8: 465@5;0 ?V428I5=>W =5157?5:8, >AV= >A:0@682 @VH5==O AC4C. /: A;V4 28@VH8B8 FN A?@02C? /:89 284 2V4?>2V40;L=>ABV <0T <VAF5 C FL><C 28?04:C? 67. 0 4>3>2>@>< ?5@52575==O 70;V7=8FO 1C;0 7>1>2 O70=0 4>AB028B8 B>20@8AB2C 7 >1<565=>N 2V4?>2V40;L=VABN 4O3 (40;V  ") B@8 :>=B59=5@8 B@8:>B06=8E 28@>1V2 =0 AC<C 4000 3@=. '5@57 020@VN G0AB8=0 20=B06C 20@BVABN 2000 3@=. AB0;0 =5?@840B=>N 4> 28:>@8AB0==O. 5HB0 B@8:>B06=8E 28@>1V2 701@C4=8;0AO, 2=0A;V4>: G>3> 20@BVABL B@8:>B06C A:;0;0 1000 3@=. 0;V7=8FO ?@5B5=7VN " 704>2>;L=8;0 C AC<V 3000 3@=., 0 2 G0AB8=V ABO3=5==O =5>45@60=>3> ?@81CB:C 2 AC<V 2000 3@=. 2V4E8;8;0. # 72'O7:C 7 F8< ", ?>A8;0NG8AL =0 AB. 22 & #:@0W=8 B0 ?.110 !B0BCBC 70;V7=8FL #:@0W=8, ?@>A8;> 3>A?>40@AL:89 AC4 ABO3=CB8 7 70;V7=8FV 2000 3@=. '8 ?V4;O30T ?>7>2 " 704>2>;5==N? 87=0GB5, 2 O:><C @>7<V@V =5A5 2V4?>2V40;L=VABL 70;V7=8FO 70 2B@0BC, =5AB0GC, ?AC20==O B0 ?>H:>465==O 20=B06C. 68. %0@:V2AL:5 2V44V;5==O 0:FV>=5@=>W AB@0E>2>W :><?0=VW @0=B0 725@=C;>AO 4> AC4C 7 ?>7>2>< 4> 10BL:V2 !0H:0 (16 @>:V2) V !5@3VO (13 @>:V2) ?@> 2V4H:>4C20==O 718B:V2. >7820G ?>A8;02AO =0 B5, I> 2=0A;V4>: 4V9 2:070=8E 4VB59, O:V @>7?0;8;8 2>3>=L C 1C4V25;L=><C 203>=G8:C V A?@8G8=8;8 ?>656C, 1C;> ?>H:>465=> V 7=8I5=> <09=> >AV1, O:V <5H:0NBL ?>@CG. 0 4>3>2>@0<8 AB@0EC20==O ?>B5@?V;8< 1C;> 28?;0G5=> C AC:C?=>ABV 20000 3@=. # 72'O7:C 7 F8< ?>7820G ?@>A82 707=0G5=C AC<C ABO3=CB8 7 2V4?>2V40GV2. VH5==O< AC4C 7 10BL:V2 !0H:0 B0 !5@3VO =0 :>@8ABL ?>7820G0 1C;0 ABO3=5=0 A>;V40@=> 707=0G5=0 AC<0 ?>7>2C. '8 ?@028;L=5 @VH5==O ?@89=O2 AC4? 69. @5=4>4025FL - %0@:V2AL:5 ?@54AB02=8FB2> $>=4C 45@602=>3> <09=0 #:@0W=8 725@=C;>AO 4> AC4C 7 28<>30<8 4> >@5=40@O " !2VB0=>: ?@> 2V4H:>4C20==O 718B:V2, O:V 1C;8 70240=V ?>6565N 2 >@5=4>20=><C A:;04AL:><C ?@8<VI5==V. > A:;04C 718B:V2 1C;> 2V4=5A5=>: AC<C, =0 O:C 7<5=H8;0AO 20@BVABL A:;04AL:>3> ?@8<VI5==O; >@5=4=C ?;0BC 70 G0A ?@>2545==O =5>1EV4=>3> @5<>=BC ?@8<VI5==O; 20@BVABL @5<>=BC 73V4=> V7 :>HB>@8A><; AC<C AB@0E>2>3> 2V4H:>4C20==O, O:C >B@8<02 18 >@5=4>4025FL, O:I> 1 >@5=40@ 70AB@0EC202 A:;04AL:5 ?@8<VI5==O =0 :>@8ABL >@5=4>402FO 2V4?>2V4=> 4> C<>2 4>3>2>@C. !C4 2AB0=>282 =0O2=VABL 28=8 " !2VB0=>: C ?>656V 2 A:;04AL:><C ?@8<VI5==V. /:V 718B:8 ?V4;O30NBL 2V4H:>4C20==N? 70. V6 B>20@8AB2>< 7 >1<565=>N 2V4?>2V40;L=VABN 51;520 D01@8:0 @VO (40;V  ") B0 0:FV>=5@=8< B>20@8AB2>< >B5;L C40?5HB (40;V - ") 3 AVG=O 2004 @. 1C;> C:;045=> 4>3>2V@ ?>AB02:8 ?0@BVW <51;V2 7030;L=>N 20@BVABN 300 B8A. 3@=. 0 ?@>AB@>G5==O 28:>=0==O 7>1>2 O70==O AB>@>=8 ?5@5410G8;8 2 4>3>2>@V 2V4?>2V40;L=VABL C D>@<V =5CAB>9:8 2 @>7<V@V 0,5% AC<8 1>@3C 70 :>65= 45=L ?@>AB@>G5==O. 3V4=> 7 C<>20<8 4>3>2>@C <51;V 1C;8 ?>AB02;5=V B@L><0 @V2=8<8 ?0@BVO<8, :>6=0 =0 AC<C 100 B8A. 3@=. 2V4?>2V4=> 1, 15, B0 25 ;NB>3> 2005 @. # B>9 65 G0A ?>:C?5FL (") ?>28=5= 1C2 A?;0B8B8 20@BVABL :>6=>W ?0@BVW ?@>BO3>< 5 4=V2 7 <><5=BC >B@8<0==O <51;V2. 4=0: 7>1>2 O70==O 1C;> 28:>=0=> =8< ;8H5 G0AB:>2>  3 ;NB>3> =0 @0EC=>: " =04V9H;> 100 B8A. 3@=., 18 ;NB>3>  100 B8A. 3@=., @5HBC AC<C 1>@3C " =5 A?;0B82. 4 15@57=O 2006 @. " 725@=C;>AO 4> 3>A?>40@AL:>3> AC4C 7 ?>7>2>< ?@> ABO3=5==O 701>@3>20=>ABV 7 " 2 AC<V 118500 3@=., 0 A0<5: 100 B8A. 3@=. >A=>2=>3> 1>@3C, 18500 3@=. ?5=V. >7820G B0:>6 28<0302 2V4H:>4C20==O V=D;OFV9=8E 718B:V2. V4?>2V40G ?@>B8 ?>7>2C 2 G0AB8=V ABO3=5==O ?5=V 70?5@5GC202, ?>A8;0NG8AL =0 B5, I> =5 7<V3 A2>TG0A=> @>7@0EC20B8AO 7 1>@6=8:>< 2=0A;V4>: 7=0G=>3> 7<5=H5==O :V;L:>ABV :;VT=BV2, 2V4ACB=>ABV 70?;0=>20=8E 4>B0FV9 7 <VAF52>3> 1N465BC, A:@CB=>3> DV=0=A>2>3> AB0=>28I0. "><C 2V= 220602, I> ?@>AB@>G5==O AB0;>AO =5 7 9>3> 28=8. @V< B>3>, 2V4?>2V40G ?@>A82 AC4 C ABO3=5==V ?5=V 2V4<>28B8, >A:V;L:8 ?>7820G ?@>?CAB82 2AB0=>2;5=89 AB. 258 & AB@>: ?>7>2=>W 402=>ABV. /:5 @VH5==O ?>28=5= ?@89=OB8 3>A?>40@AL:89 AC4? 71. 0=: V245==>-70EV4=89 (40;V  10=:) B0 B>20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN "C2V;5O (40;V - ") C:;0;8 4>3>2V@ 22 15@57=O 2004 @. ?@> =040==O " :@548BC 2 AC<V 42 000 3@=. AB@>:>< =0 6 <VAOFV2 70 C<>28 A?;0B8 37% @VG=8E 70 :>@8ABC20==O :@548B><. 0 ?@>AB@>G5==O ?>25@=5==O :@548BC B0 ?@>F5=BV2 70 9>3> :>@8ABC20==O 2AB0=>2;N20;0AO ?5=O 2 @>7<V@V 1% 70 :>65= 45=L ?@>AB@>G5==O. 572060NG8 =0 B5, I> 73V4=> 7 C<>20<8 4>3>2>@C :@548B=V @5AC@A8 ?>28==V 1CB8 =040=V " 2 45=L 9>3> C:;045==O, AC<0 :@548BC 1C;0 ?5@5@0E>20=0 ?>78G0;L=8:C ;8H5 10 :2VB=O. @8 FL><C 10=: ?>A;02AO =0 2V4ACB=VABL 2V;L=8E :@548B=8E :>HBV2 2=0A;V4>: =5?>25@=5==O :@548BV2 V=H8<8 1>@6=8:0<8. " 725@=C;>AO 4> 3>A?>40@AL:>3> AC4C 7 ?>7>2>< ?@> ABO3=5==O 7 10=:C 718B:V2 2 AC<V 150 000 3@=., >A:V;L:8 2=0A;V4>: =5A2>TG0A=>3> =040==O :>HBV2 28<CH5=> 1C;> A?;0B8B8 12 000 3@=. ?5=V V=H8< :@548B>@0< B0 27OB8 2 V=H><C 10=:C :@548B ?V4 ?V428I5=89 2V4A>B>:. @V< B>3>, " ?@>A8;> ABO3=CB8 :>HB8 70 70?>4VO=C <>@0;L=C H:>4C. 0=: ?@>A82 AC4 7<5=H8B8 @>7<V@ 718B:V2, I> ?V4;O30NBL 2V4H:>4C20==N, =0?>;>28=C, 2@0EC202H8 ?@8 FL><C 9>3> A:;04=5 DV=0=A>25 AB0=>28I5 V 70?5@5GC202 ?@>B8 :><?5=A0FVW <>@0;L=>W H:>48, <>B82CNG8 F5 B8<, I>, ?>-?5@H5, N@848G=0 >A>10 =5 <>65 AB@0640B8 V B><C W9 <>@0;L=>W H:>48 =5 <>65 1CB8 70240=>. >-4@C35, V7 4>3>2V@=8E 7>1>2 O70=L =5 28?;820T >1>2 O7>: :><?5=A0FVW <>@0;L=>W H:>48. &5 <>6;82> ;8H5 C =54>3>2V@=8E 7>1>2 O70==OE. '8 ?V4;O30T ?>7>2 704>2>;5==N? 72. 0 ?@89><V 3@><04O= AC44O >B@8<02 ?>7>2=V 70O28 2V4 AV< W >;:>28E B0 2V4 ?5=AV>=5@0 02@8;>20, 45 1C;> 707=0G5=> =0ABC?=5. !V< O >;:>28E ?@8410;0 2 <03078=V :>;L>@>289 B5;52V7>@ 20@BVABN 1 800 3@=. 0 <VAOFL B5;52V7>@ ?5@5AB02 ?@0FN20B8 G5@57 B5E=>;>3VG=89 1@0: :V=5A:>?0, I> 1C;> 2AB0=>2;5=> 5:A?5@B87>N. >;:>2 725@=C2AO 4> B>@3V25;L=>W >@30=V70FVW 7 28<>3>N ?@> 70<V=C B5;52V7>@0, >4=0: 9><C 1C;> 2V4<>2;5=> 7 ?>A8;0==O< =0 B5, I> B5;52V7>@ T B>20@>< 2V4><>3> 28@>1=8:0 V 9>3> 70<V=0 <>65 ?@>2>48B8AO ;8H5 2 A?5FV0;V7>20=8E >@30=V70FVOE, O:V <0NBL >DVFV9=89 AB0BCA @>7?>2AN46C20G0 ?@>4C:FVW FL>3> 28@>1=8:0, V B><C AB2>@8;8 A?5FV0;L=89 >1<V==89 D>=4 4;O B0:8E 28?04:V2. AC?5@5G 28<>30<, ?> 70:V=G5==V B@L>E <VAOFV2 >;:>2 >B@8<02 2V4 ?@>402FO BV;L:8 AC<C, =5>1EV4=C 4;O @5<>=BC B5;52V7>@0, ?@8G><C =0 ?@>BO7V FL>3> G0AC AV< O >;:>28E, 2 O:V9 28E>2CTBLAO 42>T =5?>2=>;VB=VE 4VB59, 1C;0 27030;V ?>7102;5=0 <>6;82>ABV 4828B8AO B5;510G5==O, 0 4VB8  >B@8<C20B8 =5>1EV4=V 7=0==O 7 >A2VB=VE ?@>3@0<.  V=HV9 70O2V 9H;>AO ?@> B5, I> ?5=AV>=5@ 02@8;>2 ?@84102 B5;52V7>@ G>@=>-1V;>3> 7>1@065==O 20@BVABN 600 3@=., :V=5A:>? O:>3> 28O282AO =5A?@02=8<, V ?@8 <0965 B>B>6=8E >1AB028=0E B0 AB@>:0E, O: V7 AV< TN >;:>28E, 2AC?5@5G 9>3> 28<>30< 2V4@5<>=BC20B8 01> 70<V=8B8 :V=5A:>? 9><C B0: A0<> 28?;0B8;8 20@BVABL =5>1EV4=>3> @5<>=BC.  A2>W9 ?>7>2=V9 70O2V 02@8;>2 707=0G02, I> 2V= T ;VB=L>N E2>@>N ;N48=>N V <5H:0T ?>70 <560<8 =0A5;5=>3> ?C=:BC, 45 ?@8410202 B5;52V7>@, I> :>65= G5@3>289 ?@8W74 4> ?@>402FO 2 =04VW ?>70AC4>2>3> 28@VH5==O ?8B0==O 1C2 ?>2 O70=89 4;O =L>3> V7 7=0G=8<8 B@C4=>I0<8. !C4>< B0:>6 2AB0=>2;5=>, I> B5;510G5==O D0:B8G=> T 4;O 02@8;>20 G8 =5 T48=8< 70A>1>< A?V;:C20==O 7 7>2=VH=V< A2VB><, 0 =5A?@02=89 B5;52V7>@ F5 C=5<>6;82;NT. >73;O=C2H8 2:070=V A?@028 2 >48= 45=L, AC4 ?>AB0=>282 @VH5==O ?@> ABO3=5==O 7 2V4?>2V40G0 =0 :>@8ABL >;:>20 B0 9>3> AV< W 300 3@=. <>@0;L=>W H:>48, =0 :>@8ABL 02@8;>20  800 3@=. 09B5 A2>T 10G5==O 70:>==>ABV B0 >1@C=B>20=>ABV @VH5==O AC4C. "5<014. !B@>:8 B0 B5@<V=8. >7>2=0 402=VABL. 0240==O: 73. 10 ;8?=O >=G0@>20 C <03078=V ><V=> :C?8;0 78<>2V G>1>B8. '5@57 :V;L:0 4=V2 4> =5W ?@89H;0 ?>4@C30 V ?5@5:>=0;0 WW 2 B><C, I> G>1VB:8 B0:>3> D0A>=C 265 28E>4OBL 7 <>48 V W9 :@0I5 ?@8410B8 V=HC <>45;L. 26 ;8?=O >=G0@>20 ?@89H;0 4> <03078=C V ?>?@>A8;0 >1<V=OB8 ?@8410=V G>1VB:8 =0 V=HV. 4=0: ?@>4025FL 2V4<>282AO F5 7@>18B8, ?>A8;0NG8AL =0 ?@>?CA: >=G0@>2>N 2AB0=>2;5=>3> 0:>=>< #:@0W=8 @> 70E8AB ?@02 A?>6820GV2 14-45==>3> AB@>:C. >=G0@>20 =0?>;O30;0 =0 A2>WE 28<>30E, AB25@46CNG8, I>, ?>-?5@H5, 7 18 ?> 24 ;8?=O 2>=0 E2>@V;0 (?V4B25@465=> ;8AB:>< ?@> =5?@0F5740B=VABL), 0, ?>-4@C35, 24 V 25 ;8?=O <03078= 1C2 70:@8B89 C 72 O7:C 7 28EV4=8<8 4=O<8. @V< B>3>, =0 WW 4C<:C, ?@> ?@>?CA: AB@>:C 2 40=><C 28?04:C =5 <>6=0 3>2>@8B8, B><C I> >1G8A;5==O AB@>:C ?>28==> ?>G8=0B8AO 7 G0AC =0AB0==O 78<>2>3> A57>=C. /: A;V4 28@VH8B8 A?V@? '8 7<V=8BLAO @VH5==O 7040GV, O:I> >=G0@>20 725@=C;0AO 1 2 <03078= 27 ;8?=O? 74. ">20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN @A5=0; (40;V - ") G5@57 =54>?>AB02:C 9><C 70 4>3>2>@>< 10 5;5:B@><>B>@V2 C ?5@H><C :20@B0;V 2005 @. 725@=C;>AO 7 ?>7>2>< 4> 3>A?>40@AL:>3> AC4C ?@> ABO3=5==O 7 ?>AB0G0;L=8:0 =5CAB>9:8 B0 2V4H:>4C20==O 718B:V2. >A?>40@AL:89 AC4, 707=0G82H8, I> ?>7>2 1C;> 70O2;5=> C G5@2=V 2006 @., C ?>7>2V 2V4<>282 C 72 O7:C 7 ?@>?CA:>< AB@>:C ?>7>2=>W 402=>ABV. " >A:0@68;> @VH5==O AC4C, ?>A8;0NG8AL =0 B5, I> ?>-?5@H5, 2>=> =5>4=>@07>2> 28<030;> 2V4 ?>AB0G0;L=8:0 (C :2VB=V 2005 @. V ;NB><C 2006 @.) 4>1@>2V;L=>W A?;0B8 =5CAB>9:8 V 718B:V2, V 10 15@57=O 2006 @. 2V4?>2V40G >1VFO2 4> 1 B@02=O WE A?;0B8B8. >-4@C35, AB@>: ?>7>2=>W 402=>ABV 70 28<>3>N ?> 2V4H:>4C20==N 718B:V2 =5 A?;82. >-B@5BT, 3>A?>40@AL:89 AC4 =5 <0T ?@020 70 2;0A=>N V=VFV0B82>N 70AB>A>2C20B8 ?>7>2=C 402=VABL. '8 ?@02><V@=V 4>2>48 ?>7820G0?  O:>3> <><5=BC ?>G8=0TBLAO ?5@51V3 ?>7>2=>W 402=>ABV? 75. !V< O 0E0@G5=:V2, O:0 A:;040;0AO 7 G>B8@L>E >AV1 (10BL:>, <0B8, 15-@VG=89 A8= =B>= V 12-@VG=0 4>=L:0 ;5=0) ?@820B87C20;0 3-:V<=0B=C :20@B8@C 2 <. %0@:>2V 2 :2VB=V 2004 @. # B@02=V FL>3> 6 @>:C 2>=8 ?@>40;8 WW V ?@8410;8 4-:V<=0B=C :20@B8@C, ?@02> 2;0A=>ABV =0 O:C >D>@<8;8 2 @V2=8E G0AB8=0E =0 10BL:0 V <0BV@. > 4>AO3=5==V ?>2=>;VBBO C 25@5A=V 2006 @. =B>= 725@=C2AO 4> AC4C 7 ?>7>2>< 4> 10BL:V2 ?@> 287=0==O 70 =8< G0AB:8 2 4-:V<=0B=V9 :20@B8@V. # ?>7>2V =B>=C 1C;> 2V4<>2;5=> G5@57 ?@>?CA: ?>7>2=>W 402=>ABV. '8 ?@028;L=5 @VH5==O AC4? 09B5 @>7 OA=5==O. 76. 02@8;5=:> C AVG=V 2004 @. 28WE02 C B@820;C 5:A?548FVN 4> =3>;8. # ;NB><C FL>3> 6 @>:C 7 9>3> :20@B8@8 1C;8 28:@045=V @V7=V @5GV, 2 B><C G8A;V 2V45>:0<5@0. @> :@04V6:C 2V= 4V7=02AO ;8H5 C G5@2=V 2004 @., :>;8 ?>25@=C2AO 4>4><C. 0 F59 G0A =V @5GV, =V 7;>G8=FV 7=0945=V =5 1C;8. # ;NB><C 2007 @. C :><VAV9=><C <03078=V 2V= ?>10G82 A2>N 2V45>:0<5@C, 740=C =0 :><VAVN =8I5=:><, O:89 ?><5@ =0?@8:V=FV 15@57=O 2007 @. # A5@?=V 2007 @. 02@8;5=:> 725@=C2AO 4> AC4C 7 ?>7>2>< 4> 6V=:8 ?><5@;>3> ?@> 28B@51C20==O 2V45>:0<5@8, O:C B0 2AB83;0 701@0B8 7 <03078=C. 4=0: C 704>2>;5=V ?>7>2C 1C;> 2V4<>2;5=>, >A:V;L:8 70 70O2>N 2V4?>2V40G:8 ?@> 70AB>AC20==O ?>7>2=>W 402=>ABV, AC4 4V9H>2 28A=>2:C, I> ?>7>2=0 402=VABL 1C;0 ?@>?CI5=0. # A:0@7V 4> 0?5;OFV9=>3> AC4C ?>7820G =03>;>HC202 =0 B><C, I> AC4 =5?@028;L=> >1G8A;82 AB@>: ?>7>2=>W 402=>ABV, 287=0G82H8 ?>G0B>: 9>3> ?5@51V3C 2V4 4=O :@04V6:8 @5G59. 0 4C<:C ?>7820G0, F59 AB@>: A;V4 >1G8A;N20B8 2V4 4=O, :>;8 7=0945=> 2V45>:0<5@C V AB0;> <>6;828< 287=0G8B8 2V4?>2V40G0. /: ?>28==0 1CB8 28@VH5=0 FO A?@020? 77. 5>=5=:> 15 A5@?=O 2007 @. 725@=C2AO 4> AC4C 7 ?>7>2>< ?@> 70E8AB 9>3> G5ABV B0 3V4=>ABV V ABO3=5==O <>@0;L=>W H:>48 C @>7<V@V 10 000 3@=. 7 28402=8FB20 ;8A:02:0, O:5 2840;> C AVG=V 2004 @. =>289 B8@06 @><0=C 0;03C@, 2 O:><C 282545=89 >1@07 5>=5=:0 O: 7@04=8:0.  ?>7>2=V9 70O2V 2V= ?>A;02AO =0 @VH5==O 2V4 16.11.2000 @., O:8< 1C;> @501V;VB>20=5 9>3> G5A=5 V< O, 0 D0:B8, =02545=V 2 @><0=V, 287=0=V B0:8<8, I> =5 2V4?>2V40NBL 4V9A=>ABV. !C4 C ?>7>2V 2V4<>282 C 72 O7:C 7 ?@>?CA:>< ?>7>2=>W 402=>ABV. @>1VBL 28A=>2>: ?> A?@02V. 78. >20;L>2 4><>282AO 7 1@8304>N ?V4@O4=8:V2 ?@> 28:>=0==O @5<>=BC 2 9>3> 3-:V<=0B=V9 :20@B8@V. >3>2V@ <VAB82, 7>:@5<0, ?C=:B, 73V4=> 7 O:8< ?>7>2 4> ?V4@O4=8:V2 C @07V ?>@CH5==O C<>2 4>3>2>@C <>65 1CB8 70O2;5=> ?@>BO3>< 5 @>:V2 2V4 G0AC ?@89=OBBO 70<>2=8:>< @>1>B8. '8 4>?CI5=> ?>@CH5==O ?@02>28E =>@<, I> @53C;NNBL ?>7>2=C 402=VABL? '8 7<V=8BLAO @VH5==O, O:I> 2 4>3>2>@V ?5@5410G5=> 2-@VG=89 AB@>: ?>7>2=>W 402=>ABV? 79. 0 4>3>2>@>< ?>78:8 1 AVG=O 2004 @. >20;5=:> (?>78G0;L=8:) >B@8<02 2V4 ><0=>20 (?>78:>402FO) 3@>H52C AC<C, 5:2V20;5=B=C 1000 4>;0@V2 !( 157 287=0G5==O AB@>:C ?>25@=5==O. '5@57 <VAOFL (1 ;NB>3>) ?>78:>4025FL ?8AL<>2> 7060402 ?>25@=5==O 3@>H59, 0;5 WE =5 >B@8<02, 0 10 ;NB>3> B>3> 6 @>:C >20;5=:> 2V41C2 C 4>23>AB@>:>25 2V4@O465==O. 5@5:07>< G5@57 A8AB5<C 5AB5@=-.=V>= 1 :2VB=O 2004 @. 2V= ?>25@=C2 ?>78:>402FN G0AB:C ?>78:8, 0 @5HBC >1VFO2 A?;0B8B8 =5 ?V7=VH5 1 B@02=O 2004 @. VA;O ?>25@=5==O V7 2V4@O465==O C 3@C4=V 2005 @. >20;5=:> 1C;> 2:;NG5=> 4> A:;04C >1<565=>3> 2V9AL:>2>3> :>=B8=35=BC 1@>9=8E A8; #:@0W=8 ?V4 53V4>N  V =0?@02;5=> 2 >A>2>, 72V4:8 2V= ?>25@=C2AO C ;NB><C 2006 @. # A5@?=V 2007 @. ><0=>2 725@=C2AO 4> AC4C 7 ?>7>2>< ?@> A?;0BC 70;8H:C 1>@3C. !C4 ?>7>2 =5 704>2>;L=82 C 72 O7:C V7 ?@>?CA:>< ?>7>2=>W 402=>ABV. # A:0@7V =0 @VH5==O AC4C ?>78:>4025FL 707=0G82, I> AB@>: ?>7>2=>W 402=>ABV =8< =5 ?@>?CI5=>, 0 AC4 ?@8?CAB82AO ?><8;:8. '8 T ?V4AB028 4;O 704>2>;5==O A:0@38? 80. 15 ;8?=O 2004 @. " ">@3V25;L=0 :><?0=VO 5975@ (40;V  " 5975@) ?>AB028;0 " :A?>@B-" 42V ?0@BVW 5;5:B@8G=8E 2>4>=03@V20GV2 2;0A=>3> 28@>1=8FB20 =0 AC<C 5200 3@=. >3>2V@ ?5@5410G02 ?@>2545==O >?;0B8 ?>:C?F5< =5 ?V7=VH5 30 4=V2 7 4=O ?5@540GV B>20@C. 7OBV =0 A515 7>1>2 O70==O " :A?>@B-" A2>TG0A=> =5 28:>=0;> V =5>4=>@07>2> 725@B0;>AO 4> :@548B>@0 7 ?@>E0==O< ?@> 2V4AB@>G5==O 1>@3C, 0;5 2V4?>2V4V =5 >B@8<C20;>. >25@=CB8 2>4>=03@V20GV " :A?>@B-" 265 =5 <0;> <>6;82>ABV, B><C I> 2>=8 1C;8 @50;V7>20=V ?>:C?FO<. 10 25@5A=O 2007 @. 1>@6=8: ?5@5@0EC202 AC<C 1>@3C =0 ?>B>G=89 @0EC=>: ?>:C?FO. 20 25@5A=O =0 @>1>BC 2 " :A?>@B-" 1C2 ?@89=OB89 N@8A:>=AC;LB, O:89 ?>OA=82 48@5:B>@C, I> ?;0BV6 ?@>2545=> ?VA;O A?;82C ?>7>2=>W 402=>ABV V T <>6;82VABL ?>25@=CB8 9>3> G5@57 AC4 O: 157?V4AB02=> A?;0G5=89 (AB. 1213 &). 26 25@5A=O 2007 @. " :A?>@B-" ?>40;> ?>7>2 4> 3>A?>40@AL:>3> AC4C ?@> ?>25@=5==O 2:070=>W AC<8, ?>A8;0NG8AL =0 B5, I> C <><5=B 74V9A=5==O >?;0B8 9><C =5 1C;> 2V4><> ?@> A?;82 ?>7>2=>W 402=>ABV. /:5 @VH5==O <0T ?>AB0=>28B8 AC4? "5<0 15. A>18ABV =5<09=>2V ?@020 B0 WE 70E8AB. 0240==O: 81.  6C@=0;V >;C< O 2V9=8 1C;0 >?C1;V:>20=0 AB0BBO ?@> ?5@V>4 @5?@5AV9 30-E @>:V2, 2 O:V9 2V47=0G0;>AO, I> :>;8H=V9 G;5= :><C=VAB8G=>W ?0@BVW >?0=GC: 718@02 V=D>@<0FVN, O:0 ?>BV< 1C;0 ?V4AB02>N 4;O D01@8:0FVW =570:>==8E 28@>:V2. > @540:FVW 3075B8 725@=C2AO A8= >?0=GC:0 7 28<>3>N >?C1;V:C20B8 A?@>ABC20==O F8E 2V4><>AB59 B><C I>, =0 9>3> 4C<:C, 10BL:> 1C2 A:>@VH5 65@B2>N, =V6 :0B><.  1939 @. >?0=GC: 1C2 700@5HB>20=89 B0 728=C20G5=89 C 7<>2V ?> ?V43>B>2FV 281CEC @5<;O, 0 ?>BV< @>7AB@V;O=89. VA;O 70:V=G5==O 2V9=8 >?0=GC: 1C2 @501V;VB>20=89. 540:FVO 6C@=0;C 2V4<>28;0AO A?@>ABC20B8 V=D>@<0FVN =0 BV9 ?V4AB02V, I> A8= >?0=GC:0 =5 =0402 4>:07V2 B>3>, I> >?C1;V:>20=0 V=D>@<0FVO =5 2V4?>2V40T 4V9A=>ABV. # B>9 65 G0A 02B>@ AB0BBV <02 4>:078 FVTW V=D>@<0FVW. >?0=GC: 1C2 @501V;VB>20=89 C 72 O7:C 7 =5?@8G5B=VABN 4> V=:@8<V=>20=>W 9><C 4VW, 0 =5 70 2V4ACB=VABN B8E D0:BV2, I> 70DV:A>20=V 2 ?C1;V:0FVW. !8= >?0=GC:0 725@=C2AO 7 ?>7>2>< 4> AC4C. /:5 @VH5==O ?>28=5= 28=5AB8 AC4? 82. >A:0;5=:>, O:89 <5H:02 =5?>40;V: 2V4 :FV>=5@=>3> B>20@8AB20 %V<?@>< (40;V  "), I> 283>B>2;O;> ?@0;L=V 70A>18, 725@=C2AO 4> A0=VB0@=>-5?V45<V>;>3VG=>W AB0=FVW 7 70O2>N ?@> ?@>2545==O 0=0;V7C ?>2VB@O ?>1;87C 9>3> 68B;0. @>2545=5 4>A;V465==O 2AB0=>28;> 1030B>:@0B=5 ?5@528I5==O 7<VABC H:V4;828E EV<VG=8E @5G>28= 2 ?>2VB@V ?>1;87C 1C48=:C >A:0;5=:0, I> <>3;> 28:;8:0B8 A5@F52>-AC48==V 70E2>@N20==O, 3>;>2=89 1V;L, ?V428I5==O 0@B5@V0;L=>3> B8A:C. >A:0;5=:> 725@=C2AO 7 ?>7>2>< 4> AC4C 7 28<>3>N ?@> 70:@8BBO " B0 2V4H:>4C20==O 70?>4VO=>W 9><C H:>48. @54AB02=8: " ?@>B8 FL>3> 70?5@5GC202, 28E>4OG8 7 B>3>, I> " T T48=8< C @53V>=V B>20@8AB2><, I> 283>B>2;OT 70A>18 ?>1CB>2>W EV<VW, B><C 9>3> 70:@8BBO =5<>6;82>. )> AB>ACTBLAO 701@C4=5==O 4>2:V;;O, B> ?@54AB02=8: " 2:0702, I> 70@07 @>7?>G0B> @5:>=AB@C:FVN ", 70<V=C 9>3> >1;04=0==O =0 5:>;>3VG=> 157?5G=5. 0 ?V4AB02V FL>3> ?@54AB02=8: " ?@>A82 C ?>7>2V 2V4<>28B8. /: ?>28==> 28@VH8B8 A?@02C? 83. # 6C@=0;V >A?>40@>G:0 1C;> =04@C:>20=> @5:;0<=C >1 O2C B>20@8AB20 7 >1<565=>N 2V4?>2V40;L=VABN 0@8 ?@8@>48 (40;V  ") ?@> ;V:C20;L=V 2;0AB82>ABV :@5<C 4;O >1;8GGO V;5O, O:89 283>B>2;O2AO 7V A<>;8 B@>?VG=8E 45@52. /: 2:07C20;>AO 2 >1 O2V, ?@8 70AB>AC20==V :@5<C 2V4ACB=V ?>1VG=V 5D5:B8 B0 ?@>B8?>:070==O. ><0@>20, ?@>G8B02H8 >1 O2C, ?@8410;0 :@5< 2 <03078=V ", >4=0: ?VA;O 9>3> 70AB>AC20==O 2 =5W 28=8:;> ?>4@07=5==O H:V@8 >1;8GGO, O:5 ?@8725;> 4> =5>1EV4=>ABV B@820;>3> ;V:C20==O 2 45@<0B>;>3VG=V9 ;V:0@=V. 0 28A=>2:>< ?@>2545=>3> A?5FV0;L=>N :><VAVTN >1AB565==O, 1C;> 2AB0=>2;5=>, I> ?>4@07=5==O H:V@8 >1;8GGO 28=8:;> 2=0A;V4>: 70AB>AC20==O :@5<C, O:89 T =5AC<VA=8< 7 V=H8<8 2840<8 :>A<5B8G=8E 70A>1V2. > B>3> 6, H:V4;8289 2?;82 707=0G5=>3> :@5<C 71V;LH82AO I5 9 B><C, I> AB@>: 9>3> ?@840B=>ABV 265 <8=C2. ><0@>20 725@=C;0AO 4> AC4C 7 ?>7>2>< 4> @540:FVW 6C@=0;C 7 28<>3>N A?@>ABC20==O V=D>@<0FVW ?@> ;V:C20;L=V 2;0AB82>ABV :@5<C B0 2V4ACB=VABL 9>3> ?>1VG=8E 5D5:BV2 V ?@> 2V4H:>4C20==O H:>48, 70?>4VO=>W 2=0A;V4>: ?>H8@5==O FVTW V=D>@<0FVW; 0 B0:>6 4> " 7 28<>3>N ?@> 2V4H:>4C20==O H:>48 70 ?@>406 B>20@C =5=0;56=>W O:>ABV B0 ?@> 2V4ACB=VABL ?>2=>W V=D>@<0FVW ?@> ?@>4C:FVN ", 7>:@5<0 :@5<C V;5O. /:5 @VH5==O ?>28=5= ?@89=OB8 AC4? "5<0 16. @02> 2;0A=>ABV B0 V=HV @5G>2V ?@020. 0240==O: 84. 52G5=:> 725@=C2AO 4> C?@02;V==O A?>682G>3> @8=:C <. %0@:>20 7V A:0@3>N =0 :0D5 $V0;:0, @>7B0H>20=>3> ?>@O4 7 1C48=:><, 2 O:><C ?@>6820T C :20@B8@V, I> =0;568BL 9><C =0 ?@02V ?@820B=>W 2;0A=>ABV. V= 707=0G82, I> 4VO;L=VABL 2V4?>2V40G0 ?>@CHCT A?>:V9 <5H:0=FV2 1C48=:C: 3CG=0 <C78:0 7 :0D5, I> 72CG8BL 4> 42>E 3>48= =>GV, ?>7102;OT <>6;82>ABV =>@<0;L=>3> 2V4?>G8=:C. #?@02;V==O A?>682G>3> @8=:C ?>?5@548;> :0D5 $V0;:0, I> 2 @07V ?@>4>265==O =8< =5?@02><V@=8E 4V9 9><C 1C45 701>@>=5=> 74V9A=N20B8 A2>N 4VO;L=VABL. 0D5 $V0;:0 22060T A2>W ?@020 ?>@CH5=8<8, >A:V;L:8 2>=> O: 2;0A=8: <>65 =0 A2V9 @>7AC4 28:>@8AB>2C20B8 A2>T <09=>. >715@VBL 4>2>48 AB>@V=. 8@VH8BL A?@02C. '8 7<V=8;>AO 1 @VH5==O C @07V, O:I> 52G5=:> ?@>68202 C :20@B8@V, I> ?5@51C20T C :><C=0;L=V9 2;0A=>ABV 70 4>3>2>@>< =09<C 68B;0? 85. 53V>=0;L=5 2V44V;5==O $>=4C 45@602=>3> <09=0 2 %0@:V2AL:V9 >1;0ABV ?@>25;> 0C:FV>= 7 ?@>406C >1 T:BV2 =57025@H5=>3> 1C4V2=8FB20 V 70 9>3> @57C;LB0B0<8 C:;0;> 4>3>2V@ :C?V2;V-?@>406C 7 B>20@8AB2>< 7 >1<565=>N 2V4?>2V40;L=VABN @><5B59 (40;V  "). A:V;L:8 DV=0=A>289 AB0= " ?>3V@H82AO V =5 4>72>;O2 7025@H8B8 1C4V2=8FB2>, 2>=> G5@57 45O:89 G0A 28@VH8;> ?@>40B8 ?@8410=89 >1 T:B 0:FV>=5@=><C B>20@8AB2C !;>1>40 (40;V  "). VA;O C:;045==O 4>3>2>@C :C?V2;V-?@>406C ?>:C?5FL 725@=C2AO 4> <VAL:>3> 1N@> B5E=VG=>W V=25=B0@870FVW (40;V  ") 4;O >D>@<;5==O ?@020 2;0A=>ABV =0 >1 T:B =57025@H5=>3> 1C4V2=8FB20. ><C 1C;> 2V4<>2;5=> 2 FL><C, >A:V;L:8 2;0A=8:>< =5@CE><>ABV, I> ?V4;O30T @5TAB@0FVW, 2>=> AB0=5 BV;L:8 ?VA;O 7025@H5==O 1C4V2=8FB20 B0 22545==O 2 5:A?;C0B0FVN. " 725@=C;>AO 7 ?>7>2>< ?@> >A:0@65==O 4V9 ", 22060NG8, I> B0:8< G8=>< ?>@CH5=V 9>3> ?@020: 2 72 O7:C 7 2V4ACB=VABN 4>:C<5=BV2, I> ?V4B25@46CNBL 9>3> ?@02> 2;0A=>ABV, 2>=> =5 <>65 27OB8 2 10=:C :@548B ?V4 70AB02C >1 T:B0 =57025@H5=>3> 1C4V2=8FB20 B0 9><C 2V4<>2;5=> C 2V42545==V 75<5;L=>W 4V;O=:8. 4=>G0A=> ?>7820G 28<0302 287=0==O 70 =8< ?@020 2;0A=>ABV =0 >1 T:B =57025@H5=>3> 1C4V2=8FB20. !C4 704>2>;L=82 ?>7>2=V 28<>38. '8 2V@=> ?>ABC?82 AC4? 8@VH8BL A?@02C. 86. # 1996 @. B>20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN >;V?;0AB (40;V  ") ?@8410;> C 0:FV>=5@=>3> B>20@8AB20 '5@2>=89 EV<V: (40;V - ") >1;04=0==O 2 @>1>G><C AB0=V, I> 1C;> 7<>=B>20=5, =0;03>465=5 V 7=0E>48;>AO 2 1C4V2;V =0 B5@8B>@VW ?@>402FO. # 2000 @. " 725@=C;>AO 7 ?>7>2>< 4> " ?@> 72V;L=5==O >AB0==V< 1C4V2;V. # AC4V " =5 =040;> 4>:C<5=BV2, O:V 1 ?V4B25@48;8 9>3> ?@02> 2;0A=>ABV =0 1C4V2;N. 0 =040=8<8 AB>@>=0<8 4>:C<5=B0<8 AC4 2AB0=>282, I> 1C4V2;O C 30-E @>:0E =0;560;0 B>;52V9 0@B5;V, ?VA;O ;V:2V40FVW O:>W 1C4V2;N 1C;> ?5@540=> 45@602=><C ?V4?@8T<AB2C - 702>4C '5@2>=89 EV<V:.  60-E @>:0E 1C48=>: 73>@V2 V 9>3> 2V4=>2;N20;8 A8;0<8 ?@0FV2=8:V2 702>4C, 0;5 >A:V;L:8 4>:C<5=B8 =5 1C;8 >D>@<;5=V, 2V= =5 7=0G82AO =0 10;0=AV 702>4C V B><C ?@8 ?@820B870FVW =5 22V9H>2 4> FV;VA=>3> <09=>2>3> :><?;5:AC " O: ?@02>=0ABC?=8:0 702>4C '5@2>=89 EV<V:. 0 ?V4AB02V =02545=>3> 2 ?>7>2V 1C;> 2V4<>2;5=>. " 725@=C;>AO 4> @53V>=0;L=>3> 2V44V;5==O $>=4C 45@602=>3> <09=0 #:@0W=8 2 %0@:V2AL:V9 >1;0ABV (40;V  2V44V;5==O) 7 ?@>?>78FVTN C:;0AB8 4>3>2V@ >@5=48 =0 1C4V2;N, C G><C 9><C 1C;> 2V4<>2;5=>, >A:V;L:8 C 2V44V;5==O =5<0T ?V4AB02 22060B8 1C48=>: 45@602=>N 2;0A=VABN. 4=>G0A=> 2V44V;5==O 725@=C;>AO 4> <VAL:>3> 1N@> B5E=VG=>W V=25=B0@870FVW 4;O 27OBBO =0 >1;V: 1C4V2;V O: 157E07O9=>W. VA;O A?;82C @VG=>3> AB@>:C 7 4=O 27OBBO 1C4V2;V O: 157E07O9=>W =5@CE><>W @5GV =0 >1;V:, C?@02;V==O :><C=0;L=>3> <09=0 %0@:V2AL:>3> <VAL:28:>=:><C 725@=C;>AO 4> AC4C A 70O2>N ?@> ?5@540GC 1C4V2;V C :><C=0;L=C 2;0A=VABL. " ?@89<0;> CG0ABL C A?@02V O: B@5BO >A>10 V ?@>A8;0 AC4 2V4<>28B8 2 ?5@540GV 1C4V2;V 4> :><C=0;L=>W 2;0A=>ABV, >A:V;L:8 B0:8<8 4VO<8 ?>@CHCNBLAO 9>3> ?@020 =0 =01CBBO ?@020 2;0A=>ABV =0 1C4V2;N 70 =01C20;L=>N 402=VABN. /: 1C45 28@VH5=> A?@02C? 87. 0 ?8AL<>28< 4>3>2>@>< :C?i2;i-?@>406C C:>20 ?@>40;0, 0 !V<>=>20 :C?8;0 70 100 <i=i<0;L=8E 70@>1VB=8E ?;0B 68B;>289 1C48=>:. A:i;L:8 A0@09, 30@06 B0 i=Hi 1C4i2;i >:@5<> 2 4>3>2>@i =5 7304C20;8AO, 0 ?5@540G0 WE ?>:C?F52i 74i9A=8;0AO, C:>20 G5@57 420 @>:8 725@=C;0AO 4> AC4C 7 ?>7>2>< ?@> ABO3=5==O 7 ?>:C?FO 4>40B:>2> 20@B>ABi A0@0N (2 @>7<i@i 10 <i=i<0;L=8E 70@?;0B ) V 30@060 (2 @>7<i@i 20 <i=i<0;L=8E 70@?;0B). '8 ?i4;O30T ?>7>2 704>2>;5==N? 88. 5H:0=FN <. %0@:>20 2V;>2C =0 ?@02i ?@820B=>W 2;0A=>ABi =0;5602 1C48=>:, O:89 E>BV2 ?@8410B8 C =L>3> 70 16 B8A. 3@=. 02@NI5=:>, <5H:0=5FL <. >7>2>W. 5 B@02=O 2006 @. 2V;>2 V 02@NI5=:> 70A2i4G8;8 4>3>2i@ :C?i2;i-?@>406C 1C48=:C C =>B0@i0;L=i9 :>=B>@i, 74V9A=8;8 9>3> 45@602=C @5TAB@0FVN, V 02@NI5=:> ?5@5402 2V;>2C 8 B8A. 3@=., 0 @5HBC 3@>H59 ?>>1iFO2 ?5@540B8 20 B@02=O 2006 @. 2 45=L ?5@5W74C 2 1C48=>: 4;O ?@>6820==O. 8 B@02=O C <iAFi @>7B0HC20==O 1C48=:C AB02AO 281CE 307C 2 307><5@56i, i 1C48=>: ?>2=iABN 73>@i2. 02@NI5=:> 725@=C2AO 7 ?>7>2>< ?@> 28B@51C20==O 2i4 2V;>20 8 B8A. 3@=. # A2>N G5@3C 2V;>2 70O282 7CAB@iG=89 ?>7>2 4> 02@NI5=:0 7 28<>3>N A?;0B8B8 8 B8A. 3@=., 22060NG8, I> 2;0A=8:>< 1C48=:C AB02 >AB0==i9. /: ?>28==0 1CB8 28@VH5=0 FO A?@020? /: 287=0G0TBLAO <><5=B ?5@5E>4C ?@020 2;0A=>ABV 4> =01C20G0 70 4>3>2>@><? 89. # 2004 @. =CD@VT=:> ?@>402 C7=TF>2C 68B;>289 1C48=>:. # 2006 @. :><C=0;L=8<8 A;C610<8 8W2AL:>3> @09>=C <. %0@:>20 4> =CD@VT=:0 1C;8 ?@54 O2;5=V ?>7>28 ?@> ABO3=5==O 701>@3>20=>ABV ?> :><C=0;L=8E ?;0B560E 70 307, 5;5:B@>5=5@3VN, >?0;5==O. =CD@VT=:> 70?5@5GC202 ?@>B8 704>2>;5==O ?>7>2V2, ?>A8;0NG8AL =0 B5, I> 2;0A=8:>< 1C48=:C 7 2004 @. T C7=TF>2. C7=TF>2 B0:>6 ?@>A82 AC4 2V4<>28B8 2 704>2>;5==V ?>7>2C, <>B82CNG8 F5 B8<, I> 1C48=>: C 2005 @. 73>@V2. >73;O40NG8 A?@02C AC4 2AB0=>282, I> 2 1N@> B5E=VG=>W V=25=B0@870FVW 2V4ACB=V 2V4><>ABV ?@> 7=8I5==O 1C48=:C, 0 9>3> 2;0A=8:>< 7=0G8BLAO =CD@VT=:>. /: A;V4 28@VH8B8 A?@02C? 90. >7>;V=0 >B@8<0;0 C A?04I8=C 2i4 A2>3> 10BL:0 7i1@0==O @i4:iA=8E :0@B8= EC4>6=8:i2 %VIII AB. A:i;L:8 :20@B8@C 10BL:0 =5>1Ei4=> 1C;> 72i;L=8B8, >7>;V=0 ?5@5257;0 :0@B8=8 4> A515 =0 40GC, 45 2>=8 ?>G0;8 ?AC20B8AO. i7=02H8AL ?@> F5, <iAL:5 C?@02;i==O :C;LBC@8 (40;V  C?@02;V==O) ?@54 O28;> >7>;V=V9 @>7?>@O465==O ?@> 70157?5G5==O =0;56=>3> CB@8<0==O :0@B8=, O:i O2;O;8 A>1>N 7=0G=C EC4>6=N Fi==iABL. >7>;V=0 ?>OA=8;0, I> =5A?@><>6=0 =i Di78G=>, =i <0B5@i0;L=> 74i9A=N20B8 @5<>=B i >?0;5==O 40Gi, 0 157 FL>3> =5<>6;82> 70157?5G8B8 =0;56=5 715@i30==O :0@B8=. ">4i C?@02;i==O 70O28;> ?>7>2 ?@> 2i4i1@0==O :0@B8= C >7>;V=>W 7 28?;0B>N W9 2i4?>2i4=>W 3@>H>2>W :><?5=A0FiW. >7>;V=0 ?@>B8 ?>7>2C 70?5@5GC20;0, ?>OA=NNG8, I> Fi :0@B8=8 4;O =5W  ?0< OBL ?@> 10BL:0, O:89 718@02 WE CA5 68BBO. >=0 ?@>A8;0 4>?><>3B8 W9 2i4@5<>=BC20B8 40GC i ?>3>46C20;0AO 2 >1C<>2;5=i 4=i =04020B8 1060NG8< 4>ABC? 4;O >3;O4C 7i1@0==O :0@B8=. /:5 @iH5==O ?>28=5= 28=5AB8 AC4? 91. 82>20@>2C =0 ?@02V ?@820B=>W 2;0A=>ABV =0;5602 <V:@>02B>1CA. 025A=V 2006 @., :>;8 AB0;0AO ?>2V=L, ?@0FV2=8:8 A;C618 A?0AV==O 701@0;8 2 =L>3> <V:@>02B>1CA 4;O ?5@52575==O ;N459. ;VB:C FL>3> 6 @>:C 9><C 1C;0 ?5@5@0E>20=0 20@BVABL <V:@>02B>1CA0 =0 9>3> @0EC=>: C 10=:C. # 25@5A=V 2006 @. 82>20@>2 ?5@5:>=02AO =0 2;0A=V >GV, I> 9>3> <V:@>02B>1CA 28:>@8AB>2C202AO @09>==>N 45@604<V=VAB@0FVTN, V 725@=C2AO 4> =5W 7 28<>3>N ?@> 9>3> ?>25@=5==O. 5@604<V=VAB@0FVO 2V4<>28;0 9><C 2 FL><C, ?>OA=82H8, I> <V:@>02B>1CA 1C;> @5:2V7>20=>, V 82>20@>2 B5?5@ =5 T 9>3> 2;0A=8:><. ">4V >AB0==V9 725@=C2AO 4> AC4C 7 ?>7>2>< ?@> 28;CG5==O B0 ?>25@=5==O 9><C <V:@>02B>1CA0, 0 B0:>6 2V4H:>4C20==O 718B:V2 V7 C@0EC20==O< @0=VH5 ?5@5@0E>20=>W =0 9>3> @0EC=>: AC<8 O: 2V4H:>4C20==O. 0 4C<:C 82>20@>20, <V:@>02B>1CA T 9>3> 2;0A=VABN, >A:V;L:8 =VO:8E 2AB0=>2;5=8E 4;O @5:2V78FVW 4V9 @0945@604<V=VAB@0FVO =5 ?@>2048;0. >715@VBL 4>2>48 AB>@V=. 8@VH8BL A?@02C. 92. >20;5=:> ?@84102 C 07CBV=0 68B;>289 1C48=>:, 7@C9=C202 9>3> V ?>1C4C202 =>289. '5@57 45:V;L:0 @>:V2 2V= ?><5@, V A?04:>T<FV 725@=C;8AO 4> =>B0@VCA0 4;O >D>@<;5==O ?@020 =0 A?04I8=C. >B0@VCA 2V4<>282 W< 2 FL><C, ?>A8;0NG8AL =0 =5=0;56=5 >D>@<;5==O >20;5=:>< 1C4V2=8FB20 =>2>3> 1C48=:C. !?04:>T<FV >A:0@68;8 4VW =>B0@VCA0 2 AC4V. /: 1C45 28@VH5=> A?@02C? "5<0 17. :@5<V >1 T:B8 ?@020 2;0A=>ABV. (4;O A0<>ABV9=>3> 282G5==O) 8B0==O: >=OBBO 75<;V (75<5;L=>W 4V;O=:8) O: >1 T:BC ?@020 2;0A=>ABV. !C1 T:B8 ?@020 2;0A=>ABV =0 75<;N (75<5;L=C 4V;O=:C). >=OBBO B0 ?@02>2V =0A;V4:8 A0<>G8==>3> 1C4V2=8FB20. >=OBBO ?><5H:0==O, 68B;>2>3> 1C48=:C, A04818 B0 :20@B8@8 O: >1 T:BV2 ?@020 2;0A=>ABV. @020 2;0A=8:0 68B;>2>3> 1C48=:C, :20@B8@8. "5<0 18. @02> A?V;L=>W 2;0A=>ABV. 0240==O: 93. !>T20 ?@54 O28;0 ?>7>2 4> A2>3> @V4=>3> 1@0B0 V@>20 ?@> ?>4V; A?04:>2>3> <09=0, 287=0==O 70 =5N ?@020 2;0A=>ABV =0 35% 1C48=:C B0 28B@51C20==O <09=0. >7820G:0 2:07C20;0, I> 70 68BBO WE=O <0B8 <5H:0;0 2 68B;>2><C 1C48=:C, 2 ?@02V 2;0A=>ABV =0 O:89 W9 =0;560;> 70/%. 5HB0  30% =0;560;0 WW A8=C  V@>2C (1@0BC !>T2>W), O:89 T 2V4?>2V40G5< ?> A?@02V. V4 G0A ?@>6820==O V@>2 7@>182 7=0G=89 @5<>=B 1C48=:C  7<V=82 40E, 2V:=0, 2V4@5<>=BC202 ABV=8. V@>2 B0 <0B8 4><>28;8AO, I> :>65= 7 =8E 1C45 ?@>6820B8 =0 >:@5<><C ?>25@AV 1C48=:C: <0B8 =0 ?5@H><C, 0 V@>2 =0 4@C3><C. VA;O A<5@BV <0B5@V !>T20, O: A?04:>T<8FO ?5@H>W G5@38, @>7@0E>2C20;0 >B@8<0B8 ?>;>28=C G0AB:8, O:0 =0;560;0 WW <0B5@V (70%), ?>4V;82H8 WW 7 1@0B><, B>1B> 35%. ;5 V@>2 AB02 28<030B8 71V;LH5==O A2>TW G0AB:8 2 ?@02V 2;0A=>ABV =0 1C48=>:, =0 I> !>T20 =5 ?>3>46C20;0AO.  7CAB@VG=><C ?>7>2V 4> AC4C V@>2 2:07C202, I> <0B8 7=0;0 ?@> 7=0G=V 28B@0B8, O:V 1C;8 7@>1;5=V =8< C 72 O7:C 7 @5<>=B>< 1C48=:C. ><>2;ONG8AL ?@> :>@8ABC20==O ;8H5 ?5@H8< ?>25@E>< 1C48=:C, 2>=0 D0:B8G=> ?>3>48;0AO 7V 71V;LH5==O< G0AB:8 A8=0 2 ?@02V =0 <09=> 7 30% 4> 50%. # 72 O7:C 7 B8<, I> <0B5@V ?VA;O @5<>=BC D0:B8G=> =0;560;> 50%, A?04:>20 G0AB:0 !>T2>W <0T 1CB8 7<5=H5=0 4> 25%. !C4, @>73;O40NG8 A?@02C, 287=02 4>2>48 V@>20 >1@C=B>20=8<8 V 287=02, I> !>T2V9 =0;568BL 25% 2 ?@02V 2;0A=>ABV =0 <09=>. !>T20 =5 ?>3>48;0AO 7 B0:8< @VH5==O<, 1> =0 WW 4C<:C B0 >1AB028=0, I> D0:B8G=> <V6 WW 1@0B>< B0 <0BV@ N 1C2 CAB0=>2;5=89 ?52=89 ?>@O4>: :>@8ABC20==O A?V@=8< 1C48=:><, A0<0 ?> A>1V =5 <>65 1CB8 ?V4AB02>N 4;O 71V;LH5==O G0AB:8 V@>20 2 ?@02V 2;0A=>ABV =0 1C48=>:. !?04:>4028FO =5 2V4GC6C20;0 9><C C 2AB0=>2;5=><C ?>@O4:C 1C4L-O:>W G0AB:8 A2>3> <09=0 V 4> A<5@BV W9 =0;560;> 70% 2 ?@02V =0 1C48=>:. /: A;V4 28@VH8B8 A?@02C? 94. 8B28=5=:> B0 =B8?>20 >B@8<0;8 2 A?04>: ?> 50% 2 ?@02V 2;0A=>ABV =0 68B;>289 1C48=>:, @>7B0H>20=89 C A5;V. 8B28=5=:> 682 C 1C48=:C >48=, 709<0NG8 42V 7 G>B8@L>E :V<=0B. =B8?>20 <5H:0;0 C 2;0A=V9 :20@B8@V C <. %0@:>2V. 0 ?@>BO7V ? OB8 @>:V2 2>=0 =5 =02V4C20;0AO 2 A5;> V =5 FV:028;0AO AB0=>< 1C48=:C. 8B28=5=:> 74V9A=N202 ?>B>G=89 @5<>=B 1C48=:C A0<>ABV9=>. VA;O 25A=O=8E 7;82 AB0= 1C48=:C 7=0G=> ?>3V@H82AO V 1C48=>: ?>B@51C202 B5@<V=>2>3> @5<>=BC. 8B28=5=:> =5>4=>@07>2> 725@B02AO 4> =B8?>2>W 7 28<>3>N ?@> 9>3> 74V9A=5==O, 0;5 2>=0 =5 @503C20;0 =0 FV 725@=5==O. 8B28=5=:> 725@=C2AO 4> AC4C 7 ?@>E0==O< ?@8<CA8B8 =B8?>2C 284V;8B8 :>HB8 =0 @5<>=B 01> ?5@540B8 1C48=>: C 9>3> 2;0A=VABL 7 2V4@0EC20==O< =B8?>2V9 WW G0AB:8 3@>H8<0. /: B@510 28@VH8B8 A?V@? 95. !8@>2C =0;560;> 60% 2 ?@02V 2;0A=>ABV =0 68B;>289 1C48=>:, 0 !?V20:>2V9  40%. 0 4>3>2>@>< <V=8 !8@>2 ?5@5402 A2>N G0AB:C C ?@02V 2;0A=>ABV =0 1C48=>: !;NA0@5=:>, =5 ?>?5@5482H8 !?V20:>2C ?@> A2>W =0<V@8. !?V20:>20 725@=C;0AO 4> AC4C 7 ?>7>2>< ?@> 287=0==O 4>3>2>@C <V=8 =54V9A=8<, ?>A8;0NG8AL =0 ?>@CH5==O A2>3> ?5@5206=>3> ?@020 2V4?>2V4=> 4> AB. 362 &. 0 O:5 ?8B0==O @>7@0E>20=5 70240==O? /: A;V4 28@VH8B8 A?@02C? 96. V:B>@>2 ?@54 O282 ?>7>2 4> 86:> ?@> 287=0==O ?@020 =0 1/2 G0AB8=C AC< 3@>H>28E 2:;04V2. >7820G 707=0G82, I> ?@>BO3>< 35 @>:V2 2V= ?5@51C202 C D0:B8G=8E H;N1=8E 2V4=>A8=0E 7 !C<VEV=>N  A5AB@>N 2V4?>2V40G:8 V 2V2 7 =5N A?V;L=5 3>A?>40@AB2>. B@8<0=V 2=0A;V4>: FL>3> 3@>HV 2>=8 7 !C<VEV=>N 2=>A8;8 =0 WW @0EC=>: 2 10=:. A:V;L:8 ?VA;O A<5@BV !C<VEV=>W A2V4>FB2> ?@> ?@02> =0 A?04I8=C >45@60;0 2V4?>2V40G:0  86:> O: A?04:>T<8FO 4@C3>W G5@38, V:B>@>2 725@=C2AO 4> AC4C 7 ?>7>2>< ?@> 287=0==O 70 =8< ?@020 =0 ?>;>28=C 2:;04C. !?@020 @>73;O40;0AO AC40<8 =5>4=>@07>2>. VAF5289 AC4 28=VA @VH5==O ?@> 2V4<>2C ?>7820G52V C ?>7>2V, 2:0702H8, I> V:B>@>2 B0 !C<VEV=0 =5 7=0E>48;8AO 2 70@5TAB@>20=><C H;N1V, B><C =5 <>3;8 <0B8 <09=> =0 ?@02V A?V;L=>W AC<VA=>W 2;0A=>ABV. !C4>20 :>;53VO 2 F82V;L=8E A?@020E 0?5;OFV9=>3> AC4C 70;8H8;0 F5 @VH5==O 157 7<V=. 0ABC?=8: >;>28 5@E>2=>3> !C4C ?>@CH82 ?8B0==O ?@> A:0AC20==O @VH5==O AC4C B0 CE20;8 AC4>2>W :>;53VW.  ?@>B5ABV, 7>:@5<0, 1C;> 2:070=>, I> ?@54 O2;ONG8 ?>7>2, V:B>@>2 ?@>A82 =5 ?@> ?>4V; 2:;04C, 0 ?@> 287=0==O 70 =8< ?@020 =0 ?>;>28=C >AB0==L>3>, G5@57 B5, I> 2:;04 T A?V;L=>N 2;0A=VABN V:B>@>20 B0 !C<VEV=>W. 0 ?V4B25@465==O FL>3> ?>7820G =02V2 4>:078 ?@> ?5@5@0EC20==O G0AB8=8 A2>TW 70@>1VB=>W ?;0B8 =0 10=:V2AL:89 @0EC=>:. !C4 <02 2@0EC20B8 FV >1AB028=8. /: ?>28==0 1CB8 28@VH5=0 A?@020? 97. >4@C66O 8B=V:>28E ?@>68;> 2 H;N1V 12 @>:V2. VA;O 7=0G=>3> ?>3V@H5==O AV<59=8E AB>AC=:V2 2>=8 28@VH8;8 @>7V@20B8 H;N1. @8 ?>4V;V <09=0 <V6 =8<8 28=8:;8 AC?5@5G:8 I>4> 68B;>2>3> 1C48=:C V 8B=V:>20 725@=C;0AO 4> AC4C. >7820G:0 2:070;0, I> ?V4 G0A H;N1C 2>=0 >B@8<0;0 2 A?04I8=C 2V4 A2>TW <0B5@V 68B;>289 1C48=>:, 2 O:><C 8B=V:>28 <5H:0;8 ?@>BO3>< >AB0==VE 8 @>:V2. @8 ?>4V;V <09=0 WW G>;>2V: ?@5B5=4CT =0 ?>;>28=C FL>3> 1C48=:C, E>G0 B0:>3> ?@020 =5 <0T. !C4 704>2>;L=82 ?>7>2 8B=V:>2>W, 28E>4OG8 7 B>3>, I> 68B;>289 1C48=>: T A?04:>28< <09=>< ?>7820G:8. 8B=V:>2 >A:0@682 @VH5==O AC4C V 2V47=0G82, I> E>G0 68B;>289 1C48=>: 4V9A=> 1C2 >45@60=89 9>3> 4@C68=>N C A?04I8=C, 0;5 C ?5@V>4 H;N1C ?>4@C66O 74V9A=8;> 9>3> :0?VB0;L=89 @5<>=B. @V< B>3>, 8B=V:>2 2:;02 2 @5<>=B 1C48=:C 4 000 3@=., O:V T 9>3> >A>18AB8<8 4>H;N1=8<8 70>I0465==O<8. "><C, =0 9>3> 4C<:C, 40=89 1C48=>: T A?V;L=>N 2;0A=VABN ?>4@C66O. 8B=V:>20 =5 ?>3>48;0AO 7 F8<8 4>2>40<8 V 2V47=0G8;0, I> @5<>=B 1C48=:C 4V9A=> 1C;> 7@>1;5=>, 0;5 F5 1C2 ?>B>G=89, 0 =5 :0?VB0;L=89 @5<>=B. C;> ?>=>2;5=> 40E, 425@V 1C48=:C B0 7V?A>20=0 F53;0 >4=VTW V7 ABV=. /:I> 8B=V:>2 22060T, I> 2V= 2:;02 2 @5<>=B A2>W >A>18ABV :>HB8, B> 2>=0 73>4=0 ?>25@=CB8 9><C ?>;>28=C 7 =8E. )> 6 AB>ACTBLAO A?V;L=8E :>HBV2 ?>4@C66O, 28:>@8AB0=8E =0 @5<>=B 1C48=:C, B> 2>=8, =0 4C<:C 8B=V:>2>W, 27030;V =5 ?V4;O30NBL C@0EC20==N, B><C I> ?>4@C66O A?V;L=> :>@8ABC20;>AO 1C48=:>< V ?@>6820;> 2 =L><C 8 @>:V2. 8E>4OG8 7 FL>3>, 8B=V:>20 =0?>;O30;0 =0 287=0==V 70 =5N ?@020 2;0A=>ABV =0 1C48=>: V ?>3>48;0AO 2V4H:>4C20B8 :>;8H=L><C G>;>2V:>2V 2 000 3@=.  ?>;>28=C 7 B>3>, I> 2V= 28:>@8AB02 =0 @5<>=B 1C48=:C. /: B@510 28@VH8B8 A?V@? /:V ?V4AB028 =01CBBO ?@020 A?V;L=>W 2;0A=>ABV? 98. >4@C66O !84>@5=:V2 ?@89=O;8 @VH5==O ?@> @>7V@20==O H;N1C B0 ?>4V; A?V;L=>3> <09=0. @><04O=:0 !84>@5=:> ?@5B5=4C20;0 =0 ?>;>28=C 68B;>2>3> 1C48=:C, 02B><>1V;O, @5G59 4><0H=L>3> 268B:C B0 G0AB:8 2 <09=V B>20@8AB20 7 >1<565=>N 2V4?>2V40;L=VABN 20=B (40;V  "), 70A=>2=8:>< O:>3> 1C2 WW G>;>2V:. '>;>2V: ?@>B8 B0:>3> ?>4V;C <09=0 =5 70?5@5GC202, >:@V< >AB0==L>3> - G0AB:8 2 <09=V ". 0 9>3> 4C<:C, FO G0AB:0 =0;560B8<5 BV;L:8 9><C, 1> 2V= >48= 1C2 70A=>2=8:>< B>20@8AB20, 0 9>3> 4@C68=0 =5 <0;0 4> FL>3> 2V4=>H5==O. @V< B>3>, 284V; 9>3> G0AB:8 2 <09=V " 4;O ?>40;LH>3> ?>4V;C <V6 ?>4@C66O< 27030;V =5<>6;8289. /:I> 2V= 1C45 74V9A=5=89, " =5 7<>65 ?@0FN20B8 40;V, >A:V;L:8 G0AB:0 !84>@5=:> 2 <09=V B>20@8AB20 A:;040T 80%. /: B@510 28@VH8B8 A?V@? 99. >4@C66O !8<>=5=:V2 AB2>@8;> >A>18AB5 A5;O=AL:5 3>A?>40@AB2>, G;5=0<8 O:>3> AB0;8 B0:>6 G5B25@> WE A8=V2. '5@57 45:V;L:0 @>:V2 C 72 O7:C 7 >4@C65==O< >48= 7 A8=V2  20= - ?@89=O2 @VH5==O ?@> 28EV4 7 3>A?>40@AB20 B0 AB2>@5==O 2;0A=>3> D5@<5@AL:>3> 3>A?>40@AB20. @8 FL><C 2V= ?>AB0282 ?8B0==O I>4> 284V;5==O A2>TW G0AB:8 <09=0 2 =0BC@V. 0 9>3> 4C<:C, <09=> >A>18AB>3> A5;O=AL:>3> 3>A?>40@AB20 <0T 1CB8 ?>4V;5=> =0 HVABL @V2=8E G0AB>:. @8 FL><C 20= ?@5B5=4C202 =0 1/6 G0AB8=C 75<5;L=>W 4V;O=:8, 1 AB0@89 :><109=, 02B><>1V;L 820, 20 <VH:V2 75@=0, B5;52V7>@ B0 <51;5289 30@=VBC@. =HV CG0A=8:8 >A>18AB>3> A5;O=AL:>3> 3>A?>40@AB20 =5 ?>3>48;8AL 7 B0:>N ?@>?>78FVTN. 0 WE=N 4C<:C, 75<5;L=0 4V;O=:0 =5 ?V4;O30T ?>4V;C <V6 G;5=0<8 >A>18AB>3> A5;O=AL:>3> 3>A?>40@AB20 B><C, I> 2>=0 1C;0 =040=0 3>A?>40@AB2C 2 FV;><C. ><109= =5 <>65 1CB8 ?5@540=89 B><C, I> 9>3> ?VA;O @5<>=BC 1C45 70AB>A>20=> 2 @>1>BV 3>A?>40@AB20. )>4> B5;52V7>@0 B0 <51;52>3> 30@=VBC@0, B> 2>=8 27030;V =5 ?V4;O30NBL ?>4V;C <V6 G;5=0<8 >A>18AB>3> A5;O=AL:>3> 3>A?>40@AB20, B><C I> =0;560BL BV;L:8 10BL:0< - ?>4@C66N !8<>=5=:V2 - =0 ?@02V A?V;L=>W AC<VA=>W 2;0A=>ABV. @V< B>3>, 20= =5 <>65 @>7@0E>2C20B8 =0 >45@60==O 1/6 2 <09=V 3>A?>40@AB20, 1> 2V= ?@0FN202 2 =L><C <5=H, =V6 V=HV CG0A=8:8  ?@>BO3>< 8 <VAOFV2 2V= 1C2 2V4ACB=V9, 1> W7482 ?@0FN20B8 C ACAV4=T A5;>. 8@VHVBL A?V@. '8 7<V=8;0AO 1 A8BC0FVO, O:18 3>A?>40@AB2> 1C;> AB2>@5=> 2 1C4L-O:V9 D>@<V ?V4?@8T<=8FL:>3> B>20@8AB20: 3>A?>40@AL:>3> B>20@8AB20 01> 28@>1=8G>3> :>>?5@0B82C? "5<0 19. 5G>2V ?@020 =0 GC65 <09=>. (4;O A0<>ABV9=>3> 282G5==O) 8B0==O: 030;L=0 E0@0:B5@8AB8:0 B0 2848 @5G>28E ?@02 =0 GC65 <09=>. @02> 2>;>4V==O GC68< <09=><. >=OBBO :>@8ABC20==O GC68< <09=>< (A5@2VBCB). @02> :>@8ABC20==O GC6>N 75<5;L=>N 4V;O=:>N 4;O AV;LAL:>3>A?>40@AL:8E ?>B@51 (5<DVB5278A). >=OBBO B0 ?V4AB028 28=8:=5==O ?@020 :>@8ABC20==O GC6>N 75<5;L=>N 4V;O=:>N 4;O 701C4>28 (AC?5@DVFV9). "5<0 20. 0E8AB ?@020 2;0A=>ABV B0 V=H8E @5G>28E ?@02. 100. # $V@A>2>W 1C;> 28:@045=> :>@>2C. '5@57 45O:89 G0A 7 OAC20;>AO, I> WW :C?8;0 070@>20, O:0 <5H:0T 2 ACAV4=L><C A5;V. $V@A>20 ?>40;0 ?>7>2 ?@> 28B@51C20==O :>@>28. V4 G0A @>73;O4C A?@028 2 AC4V 28O28;>AO, I> 070@>20 4V9A=> :C?8;0 :>@>2C, O:0 =0;560;0 $V@A>2V9 C =52V4><>3> W9 G>;>2V:0, 0;5 G5@57 45O:89 G0A :>@>20 70E2>@V;0 V 070@>20 7<CH5=0 1C;0 WW 7018B8. >402H8 4> AC<8, >45@60=>W 2V4 @50;V70FVW < OA0, I5 90 3@=., 070@>20 ?@8410;0 V=HC :>@>2C. /: A;V4 28@VH8B8 FN A?@02C? /:V C<>28 ?@54 O2;5==O 2V=48:0FV9=>3> ?>7>2C? 101.  AC4>2><C 70AV40==V 1C;> 704>2>;5=> ?>7>2 2:V=0 ?@> 28B@51C20==O C >3>@T;>20 :>@>28, I> =0;560;0 9><C =0 ?@02V 2;0A=>ABV. @8 FL><C 1C;0 2AB0=>2;5=0 =54>1@>A>2VA=VABL >3>@T;>20, >A:V;L:8 2V= E>G0 V :C?82 FN :>@>2C, 0;5 7=02, I> ?@>4025FL T >A>1>N, O:0 =5 <0T ?@020 =0 WW 2V4GC65==O. 2:V= ?@>A8BL B0:>6 ABO3=CB8 7 >3>@T;>20 2AV 4>E>48, O:V B>9 >B@8<02 2V4 9>3> :>@>28 7 G0AC, :>;8 >AB0==L><C 1C;> 2@CG5=> ?>2VAB:C C A?@02V ?@> ?>25@=5==O :>@>28.  A2>N G5@3C >3>@T;>2 28<0302, I>1 2:V= 2V4H:>4C202 9><C 20@BVABL :>@<V2 B0 V=H8E 28B@0B, O:V 1C;8 ?>=5A5=V 70 25AL G0A CB@8<0==O =8< :>@>28. /: A;V4 28@VH8B8 FN A?@02C? /:89 ?>@O4>: @>7@0EC=:V2 ?@8 28B@51C20==V <09=0? 102. 20=>2 ?5@54 2V4 W74>< C 4>23>AB@>:>25 2V4@O465==O ?5@5402 =0 715@V30==O ACAV4>2V 070@>2C @5GV, 2 B><C G8A;V V <03=VB>D>=. 070@>2 C 2V4ACB=VABL 20=>20 ?>40@C202 <03=VB>D>= 8<>2C. >25@=C2H8AL V7 2V4@O465==O, 20=>2 ?@54 O282 ?>7>2 4> 8<>20 ?@> ?>25@=5==O <03=VB>D>=C.  AC4>2><C 70AV40==V 8<>2 ?@>B8 ?>7>2C ?@> ?>25@=5==O <03=VB>D>=C 70?5@5GC202, ?>A8;0NG8AL =0 B5, I> 2V= =5 7=02 V =5 <V3 7=0B8 ?@> B5, I> <03=VB>D>= =5 =0;568BL 070@>2C. !C4 2AB0=>282, I> 8<>2 4V9A=> 4>1@>A>2VA=89 =01C20G V 70;8H82 ?>7>2 157 704>2>;5==O. 0 4C<:C 042>:0B0, 20=>2 ?>28=5= ?>40B8 ?>7>2 ?@> 2V4H:>4C20==O 718B:V2 4> 070@>20. /: A;V4 28@VH8B8 FN A?@02C? /:8< 1C;> 1 @VH5==O AC4C, :>;8 1 070@>2 =5 ?>40@C202 <03=VB>D>=, 0 2V4402 9>3> 2 @0EC=>: 1>@3C? /:8< 1C;> 1 @VH5==O AC4C, :>;8 1 070@>2 C 2V4ACB=VABL 20=>20 A202V;L=> 27O2 C :>@8ABC20==O <03=VB>D>=, 0 ?>BV< @>7?>@O482AO =8<? 103. ">:0@T2 V CB5=:> 1C;8 A?V22;0A=8:0<8 1C48=:C. CB5=:>, O:89 ?@>68202 =0 4@C3><C ?>25@AV, 71C4C202 25@0=4C, ?VA;O G>3> ">:0@T2 725@=C2AO 7 ?>7>2>< 4> AC4C ?@> WW 7=5A5==O. # ?>7>2=V9 70O2V 2V= 707=0G82, I> 25@0=40 ?5@5:@820T ?@8@>4=5 >A2VB;5==O 9>3> :V<=0B8 V 7<CHCT ?>ABV9=> :>@8ABC20B8AL 5;5:B@>>A2VB;5==O<. /: A;V4 28@VH8B8 FN A?@02C? '8 1C;8 C ">:0@T20 ?V4AB028 725@=CB8AO 4> AC4C 7 28<>3>N ?@> 701>@>=C 1C4V2=8FB20 25@0=48 4> B>3>, O: CB5=:> F5 7@>182? "5<0 21. 030;L=V ?>;>65==O ?@> A?04:C20==O. 0240==O: 104. 0B2VT=:>, O:89 ?>ABV9=> <5H:02 C <. >;B02V, ?>WE02 5 :2VB=O 2006 @. C 2V4@O465==O 4> <. T;3>@>4C, 45 G5@57 4>1C ?><5@ C 3>B5;V. 0 A?04I8=C (4V<, 75<5;L=C 4V;O=:C, V<5==V 0:FVW, 2:;04 C 10=:C, ?@54<5B8 728G09=>W 4><0H=L>W >1AB0=>2:8 B0 268B:C, >A>18ABV @5GV) 70O28;8 A2>W ?@020 A5AB@0 0B2VT=:0, 9>3> 4@C68=0 B0 ?;5<V==8:. !5AB@0 ?><5@;>3> >AB0==V 3 @>:8 <5H:0;0 V7 0B2VT=:> 2 9>3> 1C48=:C V 25;0 7 >AB0==V< A?V;L=5 3>A?>40@AB2>. >=0 22060T A515 T48=8< A?04:>T<F5<, >A:V;L:8 4@C68=0 0B2VT=:0 7 2000 @. 68;0 >:@5<> 2V4 G>;>2V:0 V ?>4V;8;0 7 =8< <09=>, E>G0 @>7V@20==O H;N1C =5 >D>@<8;0, 0 ?;5<V==8: =5 <>65 28<030B8 4>;V 2 A?04I8=V, 1> T A?04:>T<5FL 4@C3>W G5@38. /: ?>28=5= 1CB8 28@VH5=89 A?V@? /:89 ?>@O4>: A?04:C20==O 70 70:>=><? 105. # 02B>:0B0AB@>DV 7038=C;> ?>4@C66O ?0=0A5=:V2, O:5 <5H:0;> 2 <. 45AV. '>;>2V: ?5@5682 4@C68=C =0 42V 4>18. 3V4=> 7 =>B0@V0;L=8< >?8A>< WE=L>3> <09=0 A?04I8=0 A:;040;0AO 7 02B><>1V;O, O:89 ?>4@C66O ?@8410;> 70 :V;L:0 <VAOFV2 4> 703815;V V 70@5TAB@C20;> 9>3> =0 V< O 4@C68=8 (4@C68=0 70?>2V;0 9>3> G>;>2V:>2V); :20@B8@8 C <. 45AV B0 1C48=:C C <. '5@=V2FOE, 0 B0:>6 @5G59 4><0H=L>W >1AB0=>2:8 B0 268B:C. 0BL:8 ?>4@C66O, A8= 4@C68=8 B0 BVB:0 G>;>2V:0 (?5=AV>=5@:0) 725@=C;8AO 4> =>B0@VCA0 7 ?@>E0==O< ?>OA=8B8, =0 O:5 <09=> C A?04I8=V 2>=8 <0NBL ?@02> O: A?04:>T<FV? 8@VH8BL A?@02C. 87=0G8BL :>;> A?04:>T<FV2 C 28?04:C, O:I> G>;>2V: ?><5@ 18 ?V7=VH5 4@C68=8 =0 42V 3>48=8 BVTW 6 4>18? 106. VA;O A<5@BV >@>=5=:> 2V4:@8;0AO A?04I8=0 =0 AC<C 17 000 3@=., 2@0E>2CNG8 2:;04 C 10=:C 2 @>7<V@V 1 500 3@=., O:89 1C2 2=5A5=89 =5N ?V4 G0A ?5@51C20==O C ?5@H><C H;N1V, ?@54<5B8 728G09=>W 4><0H=L>W >1AB0=>2:8 B0 268B:C =0 AC<C 1 000 3@=. 0 45=L 2V4:@8BBO A?04I8=8 7 OAC20;>AO, I> =0 A?04I8=C ?@5B5=4CNBL: G>;>2V: >@>=5=:>, =5?>2=>;VB=O 4>G:0, A8= ?><5@;>W 2V4 ?5@H>3> H;N1C, O:89 682 >:@5<> 2V4 <0B5@V, 4>G:0 FL>3> A8=0 (>=C:0 A?04:>4028FV), 4204FOB8@VG=89 ?;5<V==8:  V=20;V4 II 3@C?8, O:89 5 >AB0==VE @>:V2 7=0E>482AO =0 ?>2=><C CB@8<0==V ?><5@;>W, 0;5 ?@>68202 >:@5<> 2V4 =5W, ?>2=>;VB=O 4>G:0. !8= ?><5@, =5 2AB83=C2H8 ?@89=OB8 A?04I8=C. >2=>;VB=O 4>G:0 A?04:>4028FV 2V4<>28;0AO 2V4 A2>TW G0AB:8 A?04I8=8 =0 :>@8ABL A2>3> G>;>2V:0. %B> V7 ?5@5;VG5=8E >AV1 <0T ?@02> =0 A?04:C20==O 70 70:>=><? 107. VA;O >3>;>H5==O .E8<5=:0 ?><5@;8<, A?04I8=C ?@89=O;8 9>3> 4@C68=0 B0 4>G:0. >B0@VCA, 4> O:>3> 725@=C;8AO A?04:>T<FV 70 A2V4>FB2>< ?@> ?@02> =0 A?04I8=C, ?>OA=82, I> 2V= ?>28=5= =0:;0AB8 701>@>=C =0 2V4GC65==O :20@B8@8 =0 5 @>:V2. !?04:>T<FV 22060;8 4VW =>B0@VCAC =5?@02><V@=8<8 V >A:0@68;8 WE C AC4, ?>OA=82H8, I> <0NBL =0<V@ =5309=> ?5@5WE0B8 =0 ?>ABV9=5 <VAF5 ?@>6820==O 4> >AVW V 265 4><>28;8AL V7 ?>:C?F5< ?@> ?@>406 :20@B8@8. /: ?>28=5= 28@VH8B8 A?@02C AC4? '8 7<V=8;>AO 1 @VH5==O, O:I> 1 A?04I8=0 2V4:@8;0AO ?VA;O A<5@BV .E8<5=:0? 108. ><0@:>2 ?><5@ C AVG=V 2006 @>:C. '5@57 8 <VAOFV2 9>3> 4@C68=0, O:0 <5H:0;0 2 V=H><C <VABV, 725@=C;0AO 4> AC4C 7 ?>7>2>< ?@> 287=0==O 70 =5N ?@020 2;0A=>ABV 2 ?>@O4:C A?04:C20==O =0 1C48=>: B0 02B><>1V;L, O:V 2>=8 ?@8410;8 ?V4 G0A H;N1C. 0 ?V4B25@465==O A2>WE 28<>3 ><0@:>20 ?>A8;0;0AO =0 D0:B8G=89 2ABC? C 2>;>4V==O G0AB:>N A?04:>2>3> <09=0  ?VA;O ?>E>20==O 2>=0 27O;0 >1@CG:C G>;>2V:0 V 45:V;L:0 9>3> @5G59. /:5 @VH5==O ?>28=5= 28=5AB8 AC4? 109. !0?5=:> C A5@?=V 2006 @. ?>40;0 ?>7>2 4> ><0=>20 ?@> ABO3=5==O 28B@0B =0 ?>E>20==O. >7820G:0 2:070;0, I> 7 2002 @. 2>=0 ?5@51C20;0 C D0:B8G=8E H;N1=8E 2V4=>A8=0E 7 10BL:>< 2V4?>2V40G0, O:89 ?><5@ C AVG=V 2004 @. # 72 O7:C 7 ?>E>20==O< 2>=0 ?>=5A;0 28B@0B8 2 AC<V 1 200 3@=. A:V;L:8 2V4?>2V40G ?@89=O2 A?04I8=C 10BL:0, >B@8<02H8 2A5 9>3> <09=>, 0;5 2V4<>282 2V4H:>4C20B8 W9 28B@0B8, ?>7820G:0 ?@>A8;0 704>2>;L=8B8 WW ?>7>2. !C4 C ?>7>2V 2V4<>282, ?>A8;0NG8AL =0 AB. 1281 &, 73V4=> 7 O:>N :@548B>@8 A?04:>402FO <0NBL ?@02> ?@54 O28B8 A2>W ?@5B5=7VW 4> A?04:>T<FV2, O:V ?@89=O;8 A?04I8=C, ?@>BO3>< H5AB8 <VAOFV2 2V4 4=O, :>;8 2>=8 4V7=0;8AO 01> <>3;8 4V7=0B8AO ?@> 2V4:@8BBO A?04I8=8. 0 4C<:C AC4C, ?>7820G:0 F59 AB@>: ?@>?CAB8;0. !0?5=:> 725@=C;0AO 4> ?@>:C@>@0 V7 A:0@3>N, ?>OA=82H8, I> 2>=0 =5 7=0;0 ?@> 28<>38 AB. 1281 & V 4> B>3> 6 B@820;89 G0A 1C;0 =0 70@>1VB:0E 2 '5EVW. /:C 2V4?>2V4L ?>28=5= 40B8 ?@>:C@>@? 110. >4@C66O "0=V=8E 725@=C;8AO 4> =>B0@VCAC 7 ?@>E0==O< 40B8 @>7 OA=5==O I>4> B0:8E ?8B0=L: O:V VA=CNBL 28<>38 4> D>@<8 B0 7<VABC 70?>2VBC; O:V C<>28 ?>A2V4G5==O 70?>2VBC ?>4@C66O; O: 28@VHCTBLAO 4>;O A?V;L=>3> <09=0 ?>4@C66O, I>4> O:>3> 2>=8 C:;0;8 T48=89 70?>2VB, ?VA;O A<5@BV >4=>3> 7 ?>4@C66O; I> B0:5 A?04:>289 4>3>2V@ V G8< 2V= 2V4@V7=OTBLAO 2V4 70?>2VBC ?>4@C66O; O:V ?5@5410G5=V 70E>48 ?> 70157?5G5==N 28:>=0==O 70?>2VBC ?>4@C66O? /:V 2V4?>2V4V <0T 40B8 =>B0@VCA? "5<0 22. !?04:C20==O 70 70?>2VB><. 111. 0E0@G5=:> ?@54 O282 ?>7>2 ?@> 287=0==O =54V9A=8< 70?>2VBC, O:89 70;8H82 9>3> 10BL:> =0 :>@8ABL A2>TW 42>N@V4=>W A5AB@8 ><0=>2>W. 0?>2VB 1C2 ?>A2V4G5=89 70 :V;L:0 4=V2 4> A<5@BV ;V:0@5<, O:89 ;V:C202 A?04:>402FO ?V4 G0A ?5@51C20==O 9>3> C ;V:0@=V. >7820G ?>A8;02AO =0 B5, I> AB>AC=:8 <V6 =8< B0 10BL:>< 1C;8 =>@<0;L=8<8, V 10BL:> =5 718@02AO ?>7102;OB8 9>3> A?04I8=8. @V< B>3>, ?>7820G 22060T, I> B5:AB 70?>2VBC 1C2 =0?8A0=89 ><0=>2>N, O:0 4>3;O40;0 10BL:0 C ;V:0@=V, 0 F5 AC?5@5G8BL 70:>=C. >7820G B0:>6 ?V440T AC<=V2C ?V4?8A 10BL:0 =0 70?>2VBV. V:0@ C AC4V ?>:0702, I> 2 45=L ?>A2V4G5==O =8< 70?>2VBC C ;V:0@=V 1C;> 1030B> @>1>B8, V 2V= =5 ?0< OB0T >1AB028= ?>A2V4G5==O 70?>2VBC, 0;5 A2V9 ?V4?8A =0 70?>2VBV ?V4B25@46CT. '8 ?V4;O30T ?>7>2 0E0@G5=:0 704>2>;5==N? /:V ?V4AB028 287=0==O 70?>2VBC =54V9A=8<? 112. @B5<5=:>, O:0 7=0E>48;0AO C 1C48=:C-V=B5@=0BV 4;O ;N459 ?>E8;>3> 2V:C, C AVG=V 2006 @. A:;0;0 70?>2VB =0 :>@8ABL A2>TW ACAV4:8 ?> :V<=0BV >B0?>2>W, O:89 1C2 ?>A2V4G5=89 =>B0@VCA><. '5@57 45:V;L:0 <VAOFV2 2>=0 ?><5@;0. VA;O WW A<5@BV 7 OAC20;>AO, I> VA=CT B0:>6 V=H89 70?>2VB =0 :>@8ABL 1C48=:C-V=B5@=0BC, ?>A2V4G5=89 C 15@57=V 2006 @. 48@5:B>@>< FVTW CAB0=>28. >B0?>20 725@=C;0AO 4> AC4C 7 ?>7>2>< ?@> 287=0==O >AB0==L>3> 70?>2VBC =54V9A=8<, 22060NG8, I> 48@5:B>@ 1C48=:C-V=B5@=0BC =5 <0T ?@020 ?>A2V4GC20B8 70?>2VB8 =0 :>@8ABL CAB0=>28, :5@V2=8:>< O:>W 2V= 28ABC?0T. /: ?>28=5= 28@VH8B8 A?@02C AC4? 113. VA;O A<5@BV VB28=0 9>3> A?04I8=C, I> A:;040;0AO 7 ?@54<5BV2 728G09=>3> 4><0H=L>3> 268B:C B0 2:;04C C 10=:C, ?@89=O2 1@0B, O:89 ?@>68202 @07>< 7 =8< 8 @>:V2 V =0 :>@8ABL O:>3> 1C2 A:;045=89 70?>2VB. >2=>;VB=V9 =5?@0F5740B=89 A8= ?><5@;>3>, O:89 682 >:@5<> 2V4 10BL:0 2 V=H><C <VABV, ?>402 ?>7>2 ?@> 287=0==O 70?>2VBC =54V9A=8<. V= 22060T, I> <0T ?@02> =0 >1>2 O7:>2C G0AB:C C A?04I8=V 10BL:0. '8 ?V4;O30T ?>7>2 704>2>;5==N? 114. D0=0ALT2 70?>2V2 A2>T <09=> =5?@0F5740B=V9 <0B5@V V 7>1>2 O702 WW ?@>BO3>< 5 @>:V2 =04020B8 ?>A8;L=C 4>?><>3C 9>3> 4@C68=V, O:0 AB@0640;0 =0 1@>=EV0;L=C 0AB<C. 0?>2VB B0:>6 ?5@5410G02 >1>2 O7>: =040B8 4@C68=V ?@02> :>@8ABC20B8AO G0AB8=>N 1C48=:C, O:89 ?5@59H>2 C 2;0A=VABL <0B5@V. 20 @>:8 <0B8 4>?><030;0 D0=0ALT2V9, 0 ?>BV< ?@8?8=8;0 4>?><>3C, ?>A8;0NG8AL =0 B5, I> 4@C68=0 ?><5@;>3> 24@C35 289H;0 70<V6 V <0B5@V0;L=>W ?V4B@8<:8 1V;LH5 =5 ?>B@51CT. D0=0ALT20 725@=C;0AO 4> AC4C 7 ?>7>2>< 4> <0B5@V A?04:>402FO ?@> ?@>4>265==O 28:>=0==O >1>2 O7:C, ?>:;045=>3> =0 =5W ?@>BO3>< AB@>:C, 2:070=>3> 2 70?>2VBV. @V< B>3>, ?>7820G:0 28<030;0 CAC=5==O ?5@5H:>4, O:V G8=8;0 2V4?>2V40G:0 I>4> 2A5;5==O C 1C48=>: WW =>2>3> G>;>2V:0. /:5 @VH5==O <0T 28=5AB8 AC4? 115. @8 A:;040==O 70?>2VBC >20;5=:> 707=0G82, I> 9>3> 4>=L:0 >B@8<0T ?@02> =0 A?04:C20==O, O:I> 1C45 ?@>6820B8 2 <. %0@:>2V, 0 A8=  O:I> 70:V=G8BL N@848G=C 0:045<VN. 0 <><5=B A<5@BV >20;5=:0 9>3> 4>=L:0 ?@>6820;0 C <. L2>2V, 0 A8= =02G02AO =0 ? OB><C :C@AV 2 N@848G=V9 0:045<VW. >=L:0 A?04:>402FO 725@=C;0AO 4> =>B0@VCA0 V 707=0G8;0, I> <0T =0<V@ >A:0@68B8 4V9A=VABL 70?>2VBC I>4> C<>28 WW ?@>6820==O, >A:V;L:8 2>=0 =5 7=0;0 ?@> =0O2=VABL C 70?>2VBV B0:>W C<>28. !8= A?04:>402FO 22060T, I> 2V= <0T ?@02> =0 >B@8<0==O A?04I8=8, B><C I> 4;O ?@89=OBBO A?04I8=8 2AB0=>2;5=89 H5AB8<VAOG=89 AB@>:, 0 48?;>< ?@> 70:V=G5==O N@848G=>W 0:045<VW 2V= >B@8<0T 265 G5@57 420 <VAOFV. @>0=0;V7C9B5 ?>78FVW A?04:>T<FV2. "5<0 23. !?04:C20==O 70 70:>=><. (4;O A0<>ABV9=>3> 282G5==O) 8B0==O: >=OBBO B0 G5@3>2VABL A?04:C20==O 70 70:>=><. <V=0 G5@3>2>ABV >45@60==O ?@020 =0 A?04:C20==O. !?04:C20==O 70 ?@02>< ?@54AB02;5==O. >7<V@ G0AB:8 C A?04I8=V A?04:>T<FV2 70 70:>=><. "5<0 24. !?04:>289 4>3>2V@. (4;O A0<>ABV9=>3> 282G5==O) 8B0==O: >=OBBO, ?@54<5B, B0 D>@<0 A?04:>2>3> 4>3>2>@C. !B>@>=8 2 4>3>2>@V, WE ?@020 V >1>2 O7:8. 0157?5G5==O 28:>=0==O B0 @>7V@20==O A?04:>2>3>. "5<0 25. 030;L=V ?>;>65==O ?@> V=B5;5:BC0;L=C 2;0A=VABL. (4;O A0<>ABV9=>3> 282G5==O) 8B0==O: >=OBBO ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV B0 9>3> 7030;L=0 E0@0:B5@8AB8:0. !?V22V4=>H5==O ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV B0 ?@020 2;0A=>ABV. !C1 T:B8 B0 >1 T:B8 ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV. V4AB028 28=8:=5==O (=01CBBO) ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV. A>18ABV =5<09=>2V B0 <09=>2V ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV. !?>A>18 70E8ABC ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV AC4><. "5<0 26. 2B>@AL:5 ?@02> B0 AC<V6=V ?@020. 0240==O: 116. ">20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN (40;V - ")  ! 725@=C;>AO 4> 3>A?>40@AL:>3> AC4C 7 ?>7>2>< ?@> 701>@>=C " V:0 28?CA:C B0 @>7?>2AN465==O B2>@V2 ?@8:;04=>3> <8AB5FB20 (AC25=V@V2), 7=8I5==O 2AVE ?@8<V@=8:V2 :>=B@0D0:B=8E B2>@V2 B0 D>@< 4;O WE 283>B>2;5==O, ABO3=5==O 10 000 3@=. :><?5=A0FVW 70 ?>@CH5==O 02B>@AL:8E ?@02 01> =570:>==> >B@8<0=>3> ?@81CB:C, 0 B0:>6 2V4H:>4C20==O 70?>4VO=>W <>@0;L=>W H:>48 C @>7<V@V 5 000 3@=.  AC4V 1C;> 2AB0=>2;5=>, I> "  ! =0 >A=>2V 4>3>2>@C =01C;> 28:;NG=V ?@020 =0 A:C;L?BC@=V A5@VW $;>@0-$0C=0 =0BN@5;L, N48-C:;8, >2>@VG=V !2OB:>2V. 2B>@AL:V ?@020 "  ! 1C;8 70@5TAB@>20=V 5@602=8< 035=BAB2>< #:@0W=8 7 02B>@AL:8E B0 AC<V6=8E ?@02 C AVG=V 2004@. @> A2>W 28:;NG=V 02B>@AL:V ?@020 "  ! A?>2VAB8;> H;OE>< 707=0G5==O =0 :>6=V9 A:C;L?BC@V 7=0:0 :>?V@09B (). " V:0 7@>18;> :>?VW :5@0<VG=8E DV3C@ B0 ?5@540;> WE 4;O @>7?>2AN465==O 4> B>@3>2>W <5@56V. /:5 @VH5==O ?>28=5= ?@89=OB8 AC4? 117. >;>B>2 B0 0@E><5=:> 2840;8 2 >4=><C 7 28402=8FB2 <. >;B028 :=83C #B@8<0==O EC4>18 =0 ?0A>28IV. 3>4>< 28402=8FB2> @><5B59 (<. %5@A>=) 2840;> :=83C 0@E><5=:0 0A>28I5 4;O EC4>18 C D5@<5@AL:><C 3>A?>40@AB2V. >;>B>2 ?@54 O282 4> 0@E><5=:0 V 28402=8FB20 @><5B59 ?>7>2 ?@> 287=0==O 9>3> A?V202B>@>< V 28?;0BC 3>=>@0@C, 4>2V2H8, I> :=830, 2840=0 2 <. %5@A>=V, T 4@C38< 2840==O< :=838, O:0 289H;0 @>:>< @0=VH5 2 >;B02V. 8402=8FB2> @><5B59 ?@54AB028;> 4> AC4C C:;045=89 7 0@E><5=:> 4>3>2V@, 73V4=> O:>3> >AB0==V9 ?5@5402 28402=8FB2C ?@02> =0 2840==O A2>TW :=838, V >B@8<02 3>=>@0@ O: 70 ?5@H5 2840==O. !C4 C ?>7>2V >;>B>2C 2V4<>282, ?>OA=NNG8, I> 0@E><5=:> O: >48= V7 A?V202B>@V2 <0T ?@02> @>7?>@O460B8AO A2>W< ?@02><. '8 2V@=8< T @VH5==O AC4C? /:89 ?>@O4>: 74V9A=5==O 02B>@AL:8E ?@02 A?V202B>@0<8? 118. 540:FVO 3075B8 !;>2> (40;V 540:FVO) 725@=C;0AO 7 ?>7>2>< 4> " $>@C< (40;V ">20@8AB2>) ?@> ABO3=5==O 10000 3@=. :><?5=A0FVW 70 ?>@CH5==O <09=>28E 02B>@AL:8E ?@02. # ?>7>2V 707=0G0;>AO, I> ">20@8AB2> ?>@CH8;> 02B>@AL:V ?@020 H;OE>< @>7<VI5==O =0 A2>T<C A09BV 2 <5@56V =B5@=5B AB0BBV, O:0 C 15@57=V 2005 @. 1C;0 >?C1;V:>20=0 2 3075BV !;>2>. 09=>2V 02B>@AL:V ?@020 =0 FN AB0BBN 1C;8 ?5@540=V @540:FVW 3075B8 WW 02B>@>< ;CH:> =0 ?V4AB02V 02B>@AL:>3> 4>3>2>@C 2V4 5.03.2005 @. >7820G 22060T, I> AB0BBO >E>@>=OTBLAO O: ;VB5@0BC@=89 ?8AL<>289 B2V@ 15;5B@8AB8G=>3> E0@0:B5@C, 0 2V4?>2V40G 2 ?>@CH5==O AB. 14 0:>=C @> 02B>@AL:5 ?@02> V AC<V6=V ?@020 ?@>B870:>==> 28:>@8AB02 WW. V4?>2V40G ?@>B8 ?>7>2C 70?5@5GC202, ?>A8;0NG8AL =0 B5, I> @>7<VI5==O <0B5@V0;C =0 A09BV C <5@56V =B5@=5B =5 T 28:>@8AB0==O< B2>@C, >A:V;L:8 2>=> =5 =0;568BL =V 4> 2V4B2>@5==O, =V 4> ?>:07C, =V 4> A?>2VI5==O B2>@C, C 72'O7:C 7 G8< =5 ?>B@51CT 4>72>;C >A>18, O:0 <0T 02B>@AL:5 ?@02>. /: A;V4 28@VH8B8 A?@02C? 119. " V;VO (40;V  ") 725@=C;>AO 7 ?>7>2>< 4> " (?0G5=O (40;V  ") ?@> ABO3=5==O 20 000 3@=. :><?5=A0FVW 70 ?>@CH5==O 02B>@AL:>3> ?@020 B0 701>@>=C @>7?>2AN465==O :0B0;>3C ?0=GVH=>-H:0@?5B:>28E 28@>1V2 48BOG>3> 0A>@B8<5=BC. @8 @>73;O4V A?@028 7 OAC20;>AO, I> =0 ?V4AB02V C:;045=>3> <V6 " B0 " 4>3>2>@C 70<>2;5==O ?@0FV2=8:8 " @82:> B0 !V4>@V= 28:>=0;8 @>1>B8 7 D>B>3@0DC20==O 7@07:V2 28@>1V2, ?V43>B>2:8 D>B>3@0DV9 B0 D>=V2 :0B0;>3C 2 5;5:B@>==><C 283;O4V, A8AB5<0B870FVW ?@>4C:FVW 70 0@B8:C;0<8 B0 2V:>28<8 3@C?0<8, AB2>@5==O 5;5:B@>==>W 25@AVW :0B0;>3C =0 :><?0:B-48A:C. 0B0;>3 1C2 ?5@540=89 70<>2=8:C 4;O 9>3> >AB0B>G=>3> C73>465==O V 70B25@465==O. VA;O FL>3> " @>7<VAB8;> 9>3> =0 A2>T<C 5;5:B@>==><C A09BV 7 <5B>N @5:;0<8 707=0G5=>W 2 =L><C ?@>4C:FVW, 0;5 @>1>B8 7V AB2>@5==O :0B0;>3C =5 >?;0B8;>. @54AB02=8:8 ?>7820G0 22060NBL, I> " O: @>1>B>4025FL <0T 28:;NG=V <09=>2V ?@020 =0 A;C61>289 B2V@ C 283;O4V D>B>3@0DVG=8E 7>1@065=L B0 1078 40=8E ?@> ?@>4C:FVN V =5 ?5@54020;> WE 2V4?>2V40G52V. >7<VI5==O 5;5:B@>==>3> :0B0;>3C 2 <5@56V =B5@=5B 2V41C;>AO 157 4>72>;C " V B><C T ?>@CH5==O< 9>3> <09=>28E 02B>@AL:8E ?@02. @>B5 2V4?>2V40G AB25@46CT, I> :0B0;>3 =5 T >1 T:B>< 02B>@AL:>3> ?@020, >A:V;L:8 7 1>:C ?>7820G0 <0;> <VAF5 ;8H5 28:>=0==O ?V4@O4=8E @>1VB =0 70<>2;5==O ". 8@VHVBL A?V@. 120. 5@602=5 ?V4?@8T<AB2> #:@0W=AL:5 035=BAB2> 7 02B>@AL:8E B0 AC<V6=8E ?@02 (40;V   ) 725@=C;>AO 4> 3>A?>40@AL:>3> AC4C 7 ?>7>2>< 4> ?@820B=>3> ?V4?@8T<AB20 "5;5@04V>:><?0=VO @83 (40;V - "5;5@04V>:><?0=VO) ?@> ABO3=5==O :><?5=A0FVW C AC<V 45AOB8:@0B=>3> @>7<V@C <V=V<0;L=>W 70@>1VB=>W ?;0B8 70 ?>@CH5==O 02B>@AL:8E ?@02 =0 <C78G=V B2>@8. 07=0G5=V B2>@8 C2V9H;8 4> B5;52V7V9=8E ?@>3@0<, AB2>@5=8E " C78G=89 :0=0;, O:V "5;5@04V>:><?0=VO @5B@0=A;N20;0 G5@57 A2>W :015;L=V <5@56V. , 2V4?>2V4=> 4> 4>3>2>@V2 ?@> C?@02;V==O <09=>28<8 ?@020<8 7 2VBG87=O=8<8 02B>@0<8, 0 B0:>6 4>3>2>@V2 ?@> 270T<=5 ?@54AB02=8FB2> V=B5@5AV2 7 V=>75<=8<8 02B>@AL:>-?@02>28<8 >@30=V70FVO<8, ?@54AB02;OT V=B5@5A8 02B>@V2 F8E <C78G=8E B2>@V2. 3V4=> 7 WE C<>20<8 2>=> <0T 28:;NG=5 ?@02> =0 B5@8B>@VW #:@0W=8 4>72>;OB8 28:>@8AB0==O B2>@V2 B0 74V9A=N20B8 71V@ 02B>@AL:>W 28=03>@>48. 0;56=>3> 4>72>;C "5;5@04V>:><?0=VW =0 ?C1;VG=5 A?>2VI5==O 707=0G5=8E B2>@V2  =5 =04020;>, B><C ?>7820G 22060T 4VW >AB0==L>W =5?@>2><V@=8<8. @54AB02=8:8 "5;5@04V>:><?0=VW ?>7>2 =5 287=0;8 V 70O28;8, I> @5B@0=A;OFVO ?@>3@0< 74V9AN20;0AO ?@02><V@=> 7 4>72>;C WE 28@>1=8:0 - " C78G=89 :0=0; 157 7<V=8 @568<C V >1AO3C <>2;5==O. V4?>2V40G 22060T, I> " C78G=89 :0=0;, O: >@30=V70FVO <>2;5==O V AC1 T:B AC<V6=8E ?@02, <0T ?@02> 2V;L=> @>7?>@O460B8AO AB2>@5=8<8 =8< ?@>3@0<0<8. V4?>2V4=> 4> C:;045=>3> <V6 =8<8 4>3>2>@C, " C78G=89 :0=0; 27O;> =0 A515 7>1>2 O70==O 7 2@53C;N20==O ?@02>28E 2V4=>A8= 7 02B>@0<8 B2>@V2, I> 28:>@8AB>2CNBLAO 2 ?@>F5AV AB2>@5==O B5;52V7V9=8E ?@>3@0<. '8 <0;> <VAF5 ?>@CH5==O 02B>@AL:8E ?@02 =0 <C78G=V B2>@8? /:V ?@8=F8?8 >E>@>=8 AC<V6=8E ?@02 70:@V?;5=> G8==8< 70:>=>402AB2><? 8@VH8BL A?@02C. 121. 0=8;5=:> 725@=C2AO 4> AC4C 7 ?>7>2>< 4> 28402=8FB20 04C30 7 28<>30<8 ?@8?8=8B8 28@>1=8FB2> V @>7?>2AN465==O :=838 8BBO B20@8= B0 ?@>A82 AC4 28;CG8B8 C 2V4?>2V40G0 ?@8<V@=8:8 :=838, 0 B0:>6 ABO3=CB8 7 28402=8FB20 ?>=5A5=V 718B:8. !2>W 28<>38 ?>7820G <>B82C202 B8<, I> 2V= T 02B>@>< :=838, I> @>7?>2AN46CT 2V4?>2V40G, V 2V= =5 =040202 28402=8FB2C 04C30 ?@020 =0 2V4B2>@5==O V @>7?>2AN465==O :=838. @54AB02=8: 28402=8FB20 04C30 ?@>B8 ?>7>2C 70?5@5GC202 B0 ?>OA=82, I> 02B>@AL:8E ?@02 0=8;5=:0 2>=> =5 ?>@CHC20;>, >A:V;L:8 B8@06C20;> B0 @>7?>2AN46C20;> :=838 =0 C<>20E 4>3>2>@C 7 28402=8FB2>< &V:0289 A2VB, O:5 =040;> 9><C ?@020 =0 ?5@52840==O 40=>3> B2>@C.  AC4V 1C;> 2AB0=>2;5=>, I> 0=8;5=:> 28402 28402=8FB2C &V:0289 A2VB =528:;NG=C ;VF5=7VN =0 2V4B2>@5==O V @>7?>2AN465==O FVTW :=838. 840==O 28@VH8;>, I> 2>=> 74>1C;> 28:;NG=V 02B>@AL:V ?@020 V 2:070;> =0 2AVE ?@8<V@=8:0E :=838 7=0: :>?V@09B (), ?VA;O O:>3> 707=0G0;>AO =09<5=C20==O 28402=8FB20. /: A;V4 28@VH8B8 A?@02C? 122. :FV>=5@=5 B>20@8AB2> ;04V1>@ (40;V - ") =0 :><5@FV9=V9 >A=>2V 74V9A=N20;> @>7?>2AN465==O =0 48A:5B0E :><? NB5@=V ?@>3@0<8 4;O 02B><0B870FVW 1CE30;B5@AL:>3> >1;V:C ;04. ">20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN 0@CA (40;V - ") 725@=C;>AO 4> AC4C 7 ?>7>2>< 4> ", 2 O:><C ?@>A8;> ?@8?8=8B8 ?@>406 40=>W ?@>4C:FVW B0 ABO3=CB8 7 2V4?>2V40G0 :><?5=A0FVN 70 ?>@CH5==O 02B>@AL:8E ?@02. !2>W 28<>38 " <>B82C20;> B8<, I> 2>=> T @>7@>1=8:>< FVTW ?@>3@0<8 V O: B0:89 @>7?>2AN46CT ?@>3@0<C ?V4 =072>N 0@CA, 0 " 2:@0;> ?@>3@0<C B0 ?>H8@NT WW ?V4 V=H>N =072>N. @54AB02=8:8 " AB25@46C20;8, I> ?@>3@0<0 ;04 <VAB8BL O2=C ?>4V1=VABL 7 ?@>3@0<>N 0@CA, >A:V;L:8 1C2 A:>?V9>20=89 >?8A B0 B5:AB8 ?@>3@0<8. " ?@>B8 28AC=CB8E 28<>3 70?5@5GC20;>, ?>A8;0NG8AL =0 B5, I> ?@>3@0<0 ;04 1C;0 @>7@>1;5=0 WW A?V2@>1VB=8:>< 5B@>28<. 2B>@AL:V ?@020 =0 FN ?@>3@0<C 70@5TAB@>20=V 30.05.2004 @. 2 35=BAB2V 7 02B>@AL:8E B0 AC<V6=8E ?@02 =0 9>3> V< O, ?VA;O G>3> 5B@>2 ?5@5402 ?@020 =0 @>7?>2AN465==O ?@>3@0<8 ". @>2545=0 AC4>20 5:A?5@B870 2AB0=>28;0, I> ?@>3@0<8 ;04 B0 0@CA O2;ONBL A>1>N >48= V B>9 65 ?@>3@0<=89 ?@>4C:B ?V4 @V7=8<8 =0720<8, E>G0 9 <0NBL =5VAB>B=V 2V4<V==>ABV.  ?@54AB02;5=8E 4> AC4C ?8AL<>28E 4>:07V2 (4>3>2>@V2 " 7V A2>W<8 70<>2=8:0<8 :>@8ABC20G0<8 ?@>3@0<8) 7 OAC20;>AO, I> ?@>3@0<=89 ?@>4C:B 0@CA @50;V7>2C202AO ", ?>G8=0NG8 7 :2VB=O 2003 @. /:5 @VH5==O ?>28=5= ?@89=OB8 AC4? 123.  2004 @. 2 28402=8FB2V ;53>@VO 289H;0 71V@:0 B2>@V2 . C;30:>20 (1891-1940), 4> O:>W 1C;8 2:;NG5=V 9>3> B2>@8 09AB5@ B0 0@30@8B0 9 !>10G5 A5@F5, =04@C:>20=V 2 ?>2=V9 02B>@AL:V9 @540:FVW <>2>N >@83V=0;C. C;> 7 OA>20=>, I> FV B2>@8 70 68BBO 02B>@0 27030;V =5 ?C1;V:C20;8AO, 0 2?5@H5 @><0= 09AB5@ B0 0@30@8B0 1C;> =04@C:>20=> 2 6C@=0;V >A:20 !11 70 1966@. B0 !1 70 1967@. 7V 7=0G=8<8 F5=7>@AL:8<8 A:>@>G5==O<8. AB0==O 6 7 =5>?C1;V:>20=8E B2>@V2 ?8AL<5==8:0 ?>2VABL  !>10G5 A5@F5 2?5@H5 1C;0 =04@C:>20=0 2 ! 6 6C@=0;C =0<O 70 1987 @., V @0=VH5 7 V45>;>3VG=8E <V@:C20=L >DVFV9=>W ?C1;V:0FVW 27030;V =5 <0;0. '8 1C;8 2 40=><C 28?04:C ?>@CH5=V 02B>@AL:V ?@020? '8 T ?C1;V:0FVO 2:070=8E B2>@V2 28402=8FB2>< =570:>==>N? "5<0 27. 0B5=B=5 ?@02>. 0240==O: 124. 20=>2 >B@8<02 C 5?0@B0<5=BV V=B5;5:BC0;L=>W 2;0A=>ABV #:@0W=8 ?0B5=B =0 28=0EV4 #AB0=>2:0 4;O 283>B>2;5==O FC:5@>:. 0 9>3> 70<>2;5==O< 1C;> 283>B>2;5=> :V;L:0 B0:8E CAB0=>2>:, O:V 2V= ?@>402 B>20@8AB2C 7 >1<565=>N 2V4?>2V40;L=VABN VB> (40;V -"). >2V402H8AL, I> " >B@8<CT 7=0G=89 ?@81CB>: 2V4 28:>@8AB0==O CAB0=>2>:, 2V= 70O282 ?>7>2 ?@> ABO3=5==O ?;0B8 70 :>@8ABC20==O 28=0E>4><. V4 G0A 2V4@O465==O 4> >AVW 20=>2 28O282, I> " 8<0 709<0TBLAO 283>B>2;5==O< CAB0=>2>: 4;O 283>B>2;5==O FC:5@>: V @50;V70FVTN WE =0 B5@8B>@VW >AVW, #:@0W=8 V V;>@CAV. 20=>2 725@=C2AO 4> " 8<0 7 28<>3>N ?@8?8=8B8 =570:>==V 4VW V 2V4H:>4C20B8 9><C 70240=V 718B:8. 5@V2=8FB2> " 8<0 22060T, I> 28:;NG=V ?@020 20=>20 =5 ?>H8@NNBLAO =0 B5@8B>@VN >AVW, B><C 2>=8 <>6CBL 2V;L=> 28:>@8AB>2C20B8 9>3> 28=0EV4. 20=>2 725@=C2AO 70 :>=AC;LB0FVTN 4> ?0B5=B=>3> ?>2V@5=>3>. /:C :>=AC;LB0FVN ?>28=5= 40B8 ?0B5=B=89 ?>2V@5=89? 125. @0FV2=8: 702>4C >@O ?@8 28:>=0==V A;C61>28E >1>2 O7:V2 AB2>@82 28=0EV4. V= 725@=C2AO 4> N@8AB0 7 ?@>E0==O< 40B8 @>7 OA=5==O, O:V ?@020 2V= <0T =0 F59 >1 T:B V O:8< G8=>< 2V= <>65 WE @50;V7C20B8 B0 70E8AB8B8? 09B5 0@3C<5=B>20=C 2V4?>2V4L. 126. :FV>=5@=5 B>20@8AB2> &5=B@ 28=0EV4=8FB20 (40;V - ") C AVG=V 2004@. >B@8<0;> ?0B5=B =0 ?@8AB@V9 4;O 28<V@C 5;5:B@>AB@C<C V 725@=C;>AO 4> B>20@8AB20 7 >1<565=>N 2V4?>2V40;L=VABN ;8A:02:0 (40;V  ") 7 ?>7>2>< ?@> ?@8?8=5==O 4V9, O:V ?>@CHCNBL ?@020 =0 28=0EV4. " ?@>B8 ?>7>2C 70?5@5GC20;>, >A:V;L:8 B0:V ?@8AB@>W 2>=8 2 =525;8:8E <0AHB010E 28?CA:0NBL I5 7 2003 @. @54AB02=8:8 " ?>OA=8;8, I> 7 3@C4=O 2003 @. ?@>2>4OBL ?V43>B>2GV 4VW 7 <5B>N 28?CA:C B0:>W ?@>4C:FVW 2 7=0G=8E >1AO30E. 8@VHVBL A?@02C. 127. 8=0EV4=8: 725@=C2AO 4> ?0B5=B=>3> ?>2V@5=>3> 7 ?@>E0==O< 40B8 2V4?>2V4V =0 B0:V 70?8B0==O: G8< 2V4@V7=ONBLAO <V6 A>1>N 28=0EV4, :>@8A=0 <>45;L B0 ?@><8A;>289 7@07>:; O:V :@8B5@VW ?0B5=B>A?@><>6=>ABV 707=0G5=8E >1 T:BV2; G8< 287=0G0TBLAO >1AO3 ?@02>2>W >E>@>=8 =0 28=0EV4, :>@8A=C <>45;L B0 ?@><8A;>289 7@07>:; O:V >E>@>==V 4>:C<5=B8 2840NBLAO =0 707=0G5=V >1 T:B8 V O:89 AB@>: WE=L>W 4VW? /:C :>=AC;LB0FVN ?>28=5= 40B8 ?0B5=B=89 ?>2V@5=89? "5<0 28. @02>2V 70A>18 V=482V4C0;V70FVW CG0A=8:V2 F82V;L=>3> >1>@>BC, B>20@V2 B0 ?>A;C3. 0240==O: 128. # AVG=V 2004 @. 1C;> 70@5TAB@>20=> B>20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN 8FO 0@8AL:0 (40;V - "), O:5 2V4:@8;> <03078= 7 ?@>406C 48BOG8E V3@0H>:. # B@02=V 2004 @. :>=48B5@AL:0 D01@8:0 28?CAB8;0 FC:5@:8 ?V4 =072>N 8FO 0@8AL:0. # A5@?=V 2004 @. 28@>1=8G89 :>>?5@0B82 8B8=AB2> >B@8<02 A2V4>FB2> =0 B>@3>25;L=C <0@:C 8FO 0@8AL:0 (:;0A B>20@V2 - 48BOG89 >4O3). # 72 O7:C 7 F8< >AB0==V9 725@=C2AO 4> " 8FO 0@8AL:0 B0 :>=48B5@AL:>W D01@8:8 7 28<>3>N ?@8?8=8B8 28:>@8AB0==O B0:8E =09<5=C20=L, >A:V;L:8 F5 ?>@CHCT 9>3> ?@020, 01> ?@8 1060==V ?@>4>26C20B8 B0:C 4VO;L=VABL, C:;0AB8 7 =8< ;VF5=7V9=89 4>3>2V@. 0A=>2=8:8 " 8FO 0@8AL:0 7 <5B>N C=8:=CB8 >?;0B8 70 4>3>2>@>< A?>G0B:C ?>>1VFO;8 ?5@59<5=C20B8 N@848G=C >A>1C V <03078=, 0;5 ?VA;O 15AV48 7 N@8AB>< 7<V=8;8 A2>N ?>78FVN. V4AB02>N 4;O 70?5@5G5==O ?@>B8 28<>3 :>>?5@0B82C AB02 B>9 D0:B, I> 2>=8 @>7?>G0;8 :>@8ABC20B8AO FVTN =072>N 7=0G=> @0=VH5, 0 B><C 28@>1=8G><C :>>?5@0B82C 8B8=AB2> A2V4>FB2> =0 B>@3>25;L=C <0@:C 1C;> 2840=> =570:>==> V T 2AV ?V4AB028 4;O 287=0==O A2V4>FB20 =54V9A=8<. >=48B5@AL:0 D01@8:0 ?>2V4><8;0, I> 4>72V; =0 28?CA: FC:5@>: ?V4 B0:>N =072>N 2>=0 >B@8<0;0 C 48BOG>3> ?8AL<5==8:0 . !0<V9;8:0, O:89 28402 ?>2VABL 8FO 0@8AL:0. /:I> 28@>1=8G89 :>>?5@0B82 8B8=AB2> 1C45 ?5@5H:>460B8 28?CA:C FC:5@>:, :>=48B5@AL:0 D01@8:0 7<CH5=0 1C45 ?>2V4><8B8 ?@> F5 . !0<V9;8:0, V 2 FL><C 28?04:C 2V= 70O28BL ?>7>2 ?@> 287=0==O A2V4>FB20 =0 B>@3>25;L=C <0@:C =54V9A=8<, >A:V;L:8 V< O 8FO 0@8AL:0 ?>2=VABN =0;568BL 9>3> B2>@F52V V =5 <>65 28:>@8AB>2C20B8AO V=H8<8 >A>10<8 157 4>72>;C 02B>@0. /: ?>B@V1=> 28@VH8B8 A?V@? /: A?V22V4=>AOBLAO <V6 A>1>N ?@02> =0 :><5@FV9=5 (DV@<>25) =09<5=C20==O V =0 B>@3>25;L=C <0@:C? 129. :FV>=5@=5 B>20@8AB2> >@:0 (40;V - ") ?@>BO3>< :V;L:>E @>:V2 28?CA:0;> 28A>:>O:VA=V 28@>18 7 ECB@0 (6V=>GV HC18, :>6CH:8 B>I>), 74V9A=NNG8 WE ?@>406 O: 2 <560E #:@0W=8, B0: V 70 :>@4>=><. # 2AB0=>2;5=><C ?>@O4:C " 70@5TAB@C20;> A2>N B>@3>25;L=C <0@:C (G>@=89 B@8:CB=8: 7 7>1@065==O< 1V;>W =>@:8 ?>A5@548=V) V >B@8<0;> 2V4?>2V4=5 A2V4>FB2>, I> 70A2V4GC20;> ?@02> V=B5;5:BC0;L=>W 2;0A=>ABV " =0 2:070=C B>@3>25;L=C <0@:C. # AVG=V 2004 @. 2 3075BV !2VB0=>: 1C;0 @>7<VI5=0 AB0BBO ?@> B5, I> O:VABL B>20@V2 " 7=0G=> ?>3V@H8;0AO. 2060NG8 FN V=D>@<0FVN B0:>N, I> =5 2V4?>2V40T 4V9A=>ABV, " 28@VH8;> ?@8BO3B8 @540:FVN 3075B8 4> 2V4?>2V40;L=>ABV V 725@=CB8AO 7 ?>7>2=>N 70O2>N 4> 3>A?>40@AL:>3> AC4C. V4 G0A ?V43>B>2:8 <0B5@V0;V2 7 OAC20;>AL, I> 28@>18 7 ECB@0, O:V 7 O28;8AL =0 @8=:C #:@0W=8, 28@>1;OT B>20@8AB2> #A?VE (40;V - B>20@8AB2>), O:5 28:>@8AB>2CT B>@3>25;L=C <0@:C, AE>6C =0 B>@3>25;L=C <0@:C ". ">4V " >@:0 ?@54 O28;> ?@5B5=7VN B>20@8AB2C #A?VE 7 28<>3>N ?@8?8=8B8 28?CA: ?@>4C:FVW 7 WE=L>N B>@3>25;L=>N <0@:>N ". 0 F5 B>20@8AB2> #A?VE 2V4?>2V;>, I> 9>3> B>@3>25;L=0 <0@:0, E>G0 I5 =5 70@5TAB@>20=0, 0;5 VAB>B=> 2V4@V7=OTBLAO 2V4 B>@3>25;L=>W <0@:8 ", >A:V;L:8 =0 =V9 7>1@065=0 ;8A8FO 2 :>@8G=52><C B@8:CB=8:C. 0 O:5 :>;> ?8B0=L @>7@0E>20=> F5 70240==O? 8@VH8BL F59 A?V@. 130. 0720 <V=5@0;L=>W 2>48 >@6><V 2:;NG5=0 0B5=B=8< 2V4><AB2>< @C7VW 4> ?5@5;V:C 35>3@0DVG=8E 707=0G5=L @C7VW. V=VAB5@AB2> >E>@>=8 =02:>;8H=L>3> A5@54>28I0 V ?@8@>4=8E @5AC@AV2 @C7VW 2840;> " @VT=B8@ 35=5@0;L=C ;VF5=7VN AB@>:>< 4> 2007 @. =0 @>7;82 >@6><V V =0 28:>@8AB0==O =09<5=C20==O >@6><V 4;O ?@><8A;>2>W 5:A?;C0B0FVW >@6><AL:8E 465@5; <V=5@0;L=>W 2>48, 0 420=04FOBL ?V4?@8T<=8FL:8E B>20@8AB2 @C7VW >B@8<0;8 B8<G0A>2V ;VF5=7VW 157 ?@020 WE ?5@540GV V=H8< ?V4?@8T<FO<. 0 B5@8B>@VW <. %0@:>20 >48= 7 E;V1>:><1V=0BV2 28:>@8AB>2CT ?>7=0G5==O >@6><V =0 5B8:5B:0E A2>WE E;V1>-1C;>G=8E 28@>1V2, 0 B>20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN 65@5;> (40;V  ") 28?CA:0T <V=5@0;L=C 2>4C >@6><V. =B8<>=>?>;L=89 :><VB5B #:@0W=8 22060T, I> " A2>W<8 4VO<8 22>48BL A?>6820G0 2 ><0=C 2V4=>A=> 4V9A=>3> <VAFO 4>1C20==O V @>7;82C FVTW <V=5@0;L=>W 2>48 V, >A>1;82>, 2V4=>A=> WW ;V:C20;L=8E 2;0AB82>AB59.  B>G:8 7>@C ", 9>3> 4VW =5 AC?5@5G0BL G8==><C 70:>=>402AB2C #:@0W=8, >A:V;L:8 2 #:@0W=V 2V4ACB=O B>@3>25;L=0 <0@:0 >@6><V. > B>3> 6 " ?>40;> 70O2:C =0 >B@8<0==O C 2AB0=>2;5=><C 70:>=>< ?>@O4:C >E>@>==>3> 4>:C<5=BC =0 B>@3>25;L=C <0@:C >@6><V. /: ?>28==0 1CB8 28@VH5=0 FO A?@020? /: A?V22V4=>AOBLAO <V6 A>1>N 35>3@0DVG=5 707=0G5==O V B>@3V25;L=0 <0@:0? 131. >=F5@= #:@A?8@B ?>402 70O2:C 4> 5@602=>3> 45?0@B0<5=BC V=B5;5:BC0;L=>W 2;0A=>ABV =0 B>@3>25;L=C <0@:C >@>18=0 =0 :>=LO:C 4;O 0;:>3>;L=>3> =0?>N. V7=02H8AL ?@> F5, 0FV>=0;L=89 V=AB8BCB =09<5=C20=L <VAFL ?>E>465==O $@0=FVW 70?5@5G82 ?@>B8 2840GV FL>3> A2V4>FB20, >A:V;L:8 @5TAB@0FVO B>@3>25;L=>W <0@:8, O:0 <VAB8BL O: 5;5<5=B ?>7=0G5==O A;>2> :>=LO:, O:5 T 35>3@0DVG=8< 707=0G5==O<, 70GV?0T =0FV>=0;L=V V=B5@5A8 $@0=FVW V AB>ACTBLAO <V6=0@>4=8E 2V4=>A8= <V6 #:@0W=>N V $@0=FVTN. >=F5@= #:@A?8@B =5 ?>3>482AO V7 =02545=8<8 0@3C<5=B0<8, >A:V;L:8 =0 B5@8B>@VW #:@0W=8 4VNBL AB0=40@B8 V B5E=VG=V C<>28, O:V 287=0G0NBL :>=LO: O: 284 <VF=>3> 0@><0B=>3> =0?>N, 283>B>2;5=>3> V7 28=>3@04=>3> A?8@BC. > B>3> 6, A;>25A=5 ?>7=0G5==O :>=LO: AB0;> 2 #:@0W=V 7030;L=>?@89=OB8< O: ?>7=0G5==O, I> 0A>FVNTBLAO C A?>6820G0 7 ?52=8< =0?>T<, 0 =5 7 <VAF5< 9>3> 283>B>2;5==O, B>1B> ?5@5B2>@8;>AO C 284>2C =072C B>20@C. @54AB02=8:8 $@0=FVW 22060NBL, I> B0:0 0@3C<5=B0FVO T ?V4AB02>N 4;O ?>@CH5==O WE=VE ?@02 G5@57 28:>@8AB0==O =09<5=C20==O <VAFO ?>E>465==O =0?>N  D@0=FC7AL:>3> <VAB0 >=LO:. 8@VHVBL A?V@. "5<0 29. =HV 2848 ?@02 V=B5;5:BC0;L=>W 2;0A=>ABV. (4;O A0<>ABV9=>3> 282G5==O) 8B0==O: 1. @02> V=B5;5:BC0;L=>W 2;0A=>ABV =0 =0C:>25 2V4:@8BBO, =0 :><?>=C20==O V=B53@0;L=>W <V:@>AE5<8, =0 @0FV>=0;V70B>@AL:C ?@>?>78FVN, =0 A>@B @>A;8=, ?>@>4C B20@8=, =0 :><5@FV9=C B0T<=8FN. 5. !;>2=8: >A=>2=8E B5@<V=V2 &82V;L=5 ?@02> O: ?@820B=5 ?@02> (2 >1 T:B82=><C @>7C<V==V)  AC:C?=VABL ?@02>28E =>@<, O:V @53C;NNBL H;OE>< 48A?>78B82=>3> <5B>4C >A>18ABV =5<09=>2V B0 <09=>2V 2V4=>A8=8, 70A=>20=V =0 N@848G=V9 @V2=>ABV, 2V;L=><C 2>;528O2;5==V, <09=>2V9 A0<>ABV9=>ABV WE CG0A=8:V2. 65@5;0 F82V;L=>3> ?@020 - D>@<8, 2 O:8E 7=0E>4OBL 28@065==O =>@<8 F82V;L=>3> ?@020. :B8 F82V;L=>3> 70:>=>402AB20  =>@<0B82=>-?@02>289 0:B, O:89 70:@V?;NT =>@<8, I> @53C;NNBL F82V;L=V 2V4=>A8=8. &82V;L=>-?@02>289 4>3>2V@  4><>2;5=VABL 42>E 01> 1V;LH5 AB>@V=, A?@O<>20=0 =0 2AB0=>2;5==O, 7<V=C 01> ?@8?8=5==O F82V;L=8E ?@02 V >1>2 O7:V2. V6=0@>4=89 4>3>2V@  4>3>2V@, C:;045=89 2 ?8AL<>2V9 D>@<V 7 V=>75<=>N 45@602>N 01> V=H8< AC1 T:B>< <V6=0@>4=>3> ?@020, O:89 @53C;NTBLAO <V6=0@>4=8< ?@02><, =570;56=> 2V4 B>3>, <VAB8BLAO 4>3>2V@ 2 >4=><C G8 45:V;L:>E ?>2 O70=8E <V6 A>1>N 4>:C<5=B0E, V =570;56=> 2V4 9>3> :>=:@5B=>3> =09<5=C20==O (4>3>2V@, C3>40, :>=25=FVO, ?0:B, ?@>B>:>; B>I>). 28G09  F5 ?@028;> ?>254V=:8, O:5 =5 2AB0=>2;5=> 0:B0<8 F82V;L=>3> 70:>=>402AB20, 0;5 T CAB0;5=8< C ?52=V9 AD5@V F82V;L=8E 2V4=>A8=. &82V;L=V ?@02>2V4=>A8=8  >A>18ABV =5<09=>2V B0 <09=>2V 2V4=>A8=8, 2@53C;L>20=V =>@<0<8 F82V;L=>3> ?@020, I> 28=8:0NBL <V6 02B>=><=8<8 V @V2=>?@02=8<8 AC1 T:B0<8, O:V =04V;5=V AC1 T:B82=8<8 F82V;L=8<8 ?@020<8 B0 AC1 T:B82=8<8 F82V;L=8<8 >1>2 O7:0<8. $V78G=0 >A>10  ;N48=0 O: CG0A=8: F82V;L=8E 2V4=>A8=. &82V;L=0 ?@02>740B=VABL  740B=VABL <0B8 F82V;L=V ?@020 B0 >1>2 O7:8. &82V;L=0 4VT740B=VABL  740B=VABL >A>18 A2>W<8 4VO<8 =01C20B8 4;O A515 F82V;L=8E ?@02 V A0<>ABV9=> WE 74V9A=N20B8, 0 B0:>6 740B=VABL A2>W<8 4VO<8 AB2>@N20B8 4;O A515 >1>2 O7:8, A0<>ABV9=> WE 28:>=C20B8 B0 =5AB8 2V4?>2V40;L=VABL C @07V WE =528:>=0==O. .@848G=0 >A>10  >@30=V70FVO, AB2>@5=0 V 70@5TAB@>20=0 C 2AB0=>2;5=><C 70:>=>< ?>@O4:C. ">20@8AB2>  >@30=V70FVO, AB2>@5=0 H;OE>< >1 T4=0==O >AV1 (CG0A=8:V2), O:V <0NBL ?@02> CG0ABV C FL><C B>20@8AB2V. #AB0=>20 - >@30=V70FVO, AB2>@5=0 >4=VTN 01> :V;L:><0 >A>10<8 (70A=>2=8:0<8), O:V =5 15@CBL CG0ABV 2 C?@02;V==V =5N, H;OE>< >1 T4=0==O (284V;5==O) WE=L>3> <09=0 4;O 4>AO3=5==O <5B8, 287=0G5=>W 70A=>2=8:0<8, 70 @0EC=>: FL>3> <09=0. V4?@8T<=8FL:5 B>20@8AB2>  B>20@8AB2>, O:5 74V9A=NT ?V4?@8T<=8FL:C 4VO;L=VABL 7 <5B>N >45@60==O ?@81CB:C B0 =0ABC?=>3> 9>3> @>7?>4V;C <V6 CG0A=8:0<8. 5?V4?@8T<=8FL:5 B>20@8AB2>  B>20@8AB2>, O:V =5 <0NBL =0 <5BV >45@60==O ?@81CB:C 4;O 9>3> =0ABC?=>3> @>7?>4V;C <V6 CG0A=8:0<8. 1 T:B8 F82V;L=8E ?@02  <0B5@V0;L=V B0 =5<0B5@V0;L=V 1;030, AB>A>2=> O:8E <V6 AC1 T:B0<8 28=8:0NBL 2V4=>A8=8, I> A:;040NBL ?@54<5B F82V;L=>-?@02>2>3> @53C;N20==O. @02>G8=  4VO >A>18, A?@O<>20=0 =0 =01CBBO, 7<V=C 01> ?@8?8=5==O F82V;L=8E ?@02 B0 >1>2 O7:V2. V:G5<=89 ?@02>G8=  ?@02>G8=, =54V9A=VABL O:>3> 2AB0=>2;5=0 70:>=><. A?>@N20=89 ?@02>G8=  ?@02>G8=, =54V9A=VABL O:>3> ?@O<> =5 2AB0=>2;5=0 70:>=><, 0;5 O:89 <>65 1CB8 287=0=89 =54V9A=8< AC4>< C @07V, :>;8 >4=0 V7 AB>@V= 01> V=H0 70V=B5@5A>20=0 >A>10 70?5@5GCNBL 9>3> 4V9A=VABL =0 ?V4AB020E, 2AB0=>2;5=8E 70:>=><. @54AB02=8FB2>  ?@02>2V4=>H5==O, 2 O:><C >4=0 AB>@>=0 (?@54AB02=8:) 7>1>2 O70=0 01> <0T ?@02> 2G8=8B8 ?@02>G8= 2V4 V<5=V 4@C3>W AB>@>=8, O:C 2>=0 ?@54AB02;OT. >2V@5=VABL  ?8AL<>289 4>:C<5=B, I> 2840TBLAO >4=VTN >A>1>N V=HV9 >A>1V 4;O ?@54AB02=8FB20 ?5@54 B@5BV<8 >A>10<8. !C1 T:B82=5 F82V;L=5 ?@02>  <V@0 4>72>;5=>W ?>254V=:8, I> =0;568BL CG0A=8:C F82V;L=8E ?@02>2V4=>A8=. !C1 T:B82=89 F82V;L=89 >1>2 O7>:  <V@0 =0;56=>W ?>254V=:8 7>1>2 O70=>3> CG0A=8:0 F82V;L=>3> ?@02>2V4=>H5==O, O:0 <>65 ?>;O30B8 2 =5>1EV4=>ABV 74V9A=5==O 4V9 0:B82=>3> 01> ?0A82=>3> E0@0:B5@C. !0<>70E8AB  70AB>AC20==O >A>1>N 70A>1V2 ?@>B84VW, O:V =5 701>@>=5=V 70:>=>< B0 =5 AC?5@5G0BL <>@0;L=8< 70A040< ACA?V;LAB20. &82V;L=>-?@02>20 2V4?>2V40;L=VABL  70AB>AC20==O 4> ?@02>?>@CH=8:0 C 28?04:C 74V9A=5==O =8< ?@>B8?@02=8E 4V9 01> 1574VO;L=>ABV ?5@5410G5=8E 4>3>2>@>< G8 70:>=>< 70E>4V2 45@602=>3> ?@8<CAC C 283;O4V 4>40B:>28E F82V;L=>-?@02>2>3> >1>2 O7:V2 <09=>2>3> E0@0:B5@C (A0=:FV9). !B@>:  ?52=89 ?5@V>4 C G0AV, 7V A?;82>< O:>3> ?>2 O70=0 4VO G8 ?>4VO, O:0 <0T N@848G=5 7=0G5==O. "5@<V=  ?52=89 <><5=B C G0AV, 7 =0AB0==O< O:>3> ?>2 O70=0 4VO G8 ?>4VO, O:0 <0T N@848G=5 7=0G5==O. >7>2=0 402=VABL  AB@>:, C <560E O:>3> >A>10 <>65 725@=CB8AO 4> AC4C 7 28<>3>N ?@> 70E8AB A2>3> F82V;L=>3> ?@020 01> V=B5@5AC. A>18AB5 =5<09=>25 ?@02>  <V@0 <>6;82>W ?>254V=:8 C?@02><>G5=>W >A>18 I>4> =52V44V;L=8E 2V4 WW >A>18AB>ABV 01A>;NB=8E 1;03 =5<09=>2>3> E0@0:B5@C, O:V ?>7102;5=V 5:>=><VG=>3> 7<VABC V =040NBL ;N48=V <>6;82VABL 70 A2>W< @>7AC4><, 157 2B@CG0==O V=H8E >AV1, 287=0G8B8 A2>N ?>254V=:C 2 AD5@V >A>18AB>3> 68BBO. 5G>25 ?@02> (2 >1 T:B82=><C @>7C<V==V)  AC:C?=VABL ?@02>28E =>@<, I> @53C;NNBL 2V4=>A8=8 <V6 C?@02><>G5=>N >A>1>N B0 2AV<0 V=H8<8 AC1 T:B0<8 7 ?@82>4C @5G59, B0 70:@V?;NNBL <>6;82VABL FVTW >A>18 157?>A5@54=L> 2?;820B8 =0 @VG 7 CAC=5==O< 2AVE B@5BVE >AV1. @02> 2;0A=>ABV  ?@02> >A>18 =0 @VG (<09=>), O:5 2>=0 74V9A=NT 2V4?>2V4=> 4> 70:>=C 70 A2>TN 2>;5N, =570;56=> 2V4 2>;V V=H8E >AV1. ?@87=0G5=0 4;O ?>ABV9=>3> C =V9 ?@>6820==O. !?V;L=0 G0AB:>20 2;0A=VABL  2;0A=VABL 42>E G8 1V;LH5 >AV1 V7 287=0G5==O< G0AB>: :>6=>3> 7 =8E 2 ?@02V 2;0A=>ABV. !?V;L=0 AC<VA=0 2;0A=VABL  2;0A=VABL 42>E 01> 1V;LH5 >AV1 157 287=0G5==O G0AB>: :>6=>3> 7 =8E C ?@02V 2;0A=>ABV. 5G>25 ?@02> =0 GC65 <09=>  287=0G5=0 4>3>2>@>< 7 2;0A=8:>< 01> 70:>=>< <V@0 <>6;82>W ?>254V=:8 C?@02><>G5=>W >A>18 ?> 74V9A=5==N >1<565=8E 70 >1AO3>< (C ?>@V2=O==V 7 ?@02>< 2;0A=>ABV) ?@02><>G=>AB59 @5G>2>3> E0@0:B5@C (2>;>4V==O, :>@8ABC20==O V @>7?>@O465==O) AB>A>2=> @5G59, O:V W9 =5 =0;560BL. !?04:>25 ?@02> (2 >1 T:B82=><C @>7C<V==V)  AC:C?=VABL F82V;L=>-?@02>28E =>@<, O:V @53C;NNBL 2V4=>A8=8, I> 28=8:0NBL 2=0A;V4>: ?5@5E>4C <09=0, 0 B0:>6 <09=>28E ?@02 B0 >1>2 O7:V2 ?><5@;>3> 4> V=H8E >AV1. !?04:C20==O  ?5@5EV4 ?@02 B0 >1>2 O7:V2 (A?04I8=8) 2V4 DV78G=>W >A>18, O:0 ?><5@;0 (A?04:>402FO), 4> V=H8E >AV1 (A?04:>T<FV2). !?04I8=0  AC:C?=VABL ?@02 B0 >1>2 O7:V2, I> =0;560;8 A?04:>402FN =0 <><5=B 2V4:@8BBO A?04I8=8, VA=C20==O O:8E =5 ?@8?8=OTBLAO 9>3> A<5@BN, I> ?5@5E>4OBL 4> A?04:>T<FV2 2 ?>@O4:C ?@02>=0ABC?=8FB20. 0?>2VB  >A>18AB5 @>7?>@O465==O DV78G=>W >A>18 =0 28?04>: A2>TW A<5@BV. !?04:>289 4>3>2V@  4>3>2V@, 70 O:8< >4=0 AB>@>=0 (=01C20G) 7>1>2 O7CTBLAO 28:>=C20B8 @>7?>@O465==O 4@C3>W AB>@>=8 (2V4GC6C20G0) V 2 @07V 9>3> A<5@BV =01C20T ?@02> 2;0A=>ABV =0 <09=> 2V4GC6C20G0. @02> V=B5;5:BC0;L=>W 2;0A=>ABV  ?@02> >A>18 =0 @57C;LB0B V=B5;5:BC0;L=>W, B2>@G>W 4VO;L=>ABV 01> =0 V=HV9 >1 T:B ?@02 V=B5;5:BC0;L=>W 2;0A=>ABV, 287=0G5=89 &82V;L=8< :>45:A>< #:@0W=8 B0 V=H8< 70:>=><. 6. >B>G=89 <>4C;L=89 :>=B@>;L ABC45=BV2 ?8A ?@54<5B0 :C@AC &82V;L=5 ?@02>. '0AB8=0 1 C@A 0?@O<, >A2VB=L>-:20;VDV:0FV9=89 @V25=L%0@0:B5@8AB8:0 =02G0;L=>3> :C@AC (AB@C:BC@0 70;V:>2>3> :@548BC)V;L:VABL :@548BV2 ECTS: 6 >4C;V2: 3 <VAB>2=8E <>4C;V2: 6 030;L=0 :V;L:VABL 3>48=: 216 "86=528E 3>48=: 4-126.0601 @02> 7. 060101 !?5FV0;VAB1>2 O7:>20: >4C;L I 5:FVW: 68 @0:B8G=V 70=OBBO: 68 >4C;L II =482V4C0;L=0 @>1>B0: 24 >4C;L III !0<>ABV9=0 @>1>B0: 56 848 :>=B@>;N: ?>B>G=89 <>4C;L=89 :>=B@>;L; VA?8B 02G0;L=0 48AF8?;V=0 &82V;L=5 ?@02>. '0AB8=0 1 A:;040TBLAO 7 6 7<VAB>2=8E <>4C;V2: <VAB>2=89 <>4C;L 1. 030;L=V ?>;>65==O F82V;L=>3> ?@020. !C1 T:B=89 A:;04 F82V;L=8E ?@02>2V4=>A8=. "5<0 ! 1. &82V;L=5 ?@02> - 30;C7L ?@820B=>3> ?@020. "5<0 ! 2. &82V;L=> ?@02> O: =0C:0 B0 =02G0;L=89 :C@A. "5<0 ! 3. 65@5;0 F82V;L=>3> ?@020. "5<0 ! 4. 030;L=0 E0@0:B5@8AB8:0 F82V;L=>3> ?@020 70@C1V6=8E :@0W=. "5<0 ! 5. >=OBBO, 7<VAB B0 2848 F82V;L=8E ?@02>2V4=>A8=. "5<0 ! 6. $V78G=0 >A>10 O: AC1 T:B F82V;L=8E 2V4=>A8=. "5<0 ! 7. .@848G=0 >A>10 O: AC1 T:B F82V;L=8E 2V4=>A8=. "5<0 ! 8. #G0ABL 45@6028 #:@0W=0, 2B>=><=>W 5A?C1;V:8 @8<, B5@8B>@V0;L=8E 3@><04 C F82V;L=8E 2V4=>A8=0E. 030;L=0 :V;L:VABL 3>48=: 50, C B><C G8A;V ;5:FVW: 20; ?@0:B8G=V 70=OBBO: 16; A0<>ABV9=0 @>1>B0: 14. <VAB>2=89 <>4C;L 2. 1 T:B8 F82V;L=8E ?@02. @02>G8=8. @54AB02=8FB2>. "5<0 ! 9. 1 T:B8 F82V;L=8E ?@02. "5<0 ! 10. @02>G8=8. "5<0 ! 11. @54AB02=8FB2>. 030;L=0 :V;L:VABL 3>48=: 32, C B><C G8A;V ;5:FVW: 14; ?@0:B8G=V 70=OBBO: 12; A0<>ABV9=0 @>1>B0: 6. <VAB>2=89 <>4C;L 3. 4V9A=5==O V 70E8AB AC1'T:B82=8E F82V;L=8E ?@02, 28:>=0==O >1>2'O7:V2. !B@>:8. A>18ABV =5<09=>2V ?@020. "5<0 ! 12. 4V9A=5==O F82V;L=8E ?@02 V 28:>=0==O F82V;L=8E >1>2 O7:V2. 0E8AB F82V;L=8E ?@02 B0 V=B5@5AV2. "5<0 ! 13. &82V;L=>-?@02>20 2V4?>2V40;L=VABL. "5<0 ! 14. !B@>:8 B0 B5@<V=8. >7>2=0 402=VABL. "5<0 ! 15. A>18ABV =5<09=>2V ?@020 B0 WE 70E8AB. 030;L=0 :V;L:VABL 3>48=: 32, C B><C G8A;V ;5:FVW: 8; ?@0:B8G=V 70=OBBO: 16; A0<>ABV9=0 @>1>B0: 8. <VAB>2=89 <>4C;L 4. 5G>25 ?@02>. "5<0 ! 16. @02> 2;0A=>ABV B0 V=HV @5G>2V ?@020. "5<0 ! 17. :@5<V >1 T:B8 ?@020 2;0A=>ABV. "5<0 ! 18. @02> A?V;L=>W 2;0A=>ABV. "5<0 ! 19. 5G>2V ?@020 =0 GC65 <09=>. "5<0 ! 20. 0E8AB ?@020 2;0A=>ABV B0 V=H8E @5G>28E ?@02. 030;L=0 :V;L:VABL 3>48=: 32, C B><C G8A;V ;5:FVW: 12; ?@0:B8G=V 70=OBBO: 10; A0<>ABV9=0 @>1>B0: 10. <VAB>2=89 <>4C;L 5. !?04:>25 ?@02>. "5<0 ! 21. 030;L=V ?>;>65==O ?@> A?04:C20==O. "5<0 ! 22. !?04:C20==O 70 70?>2VB>< . "5<0 ! 23. !?04:C20==O 70 70:>=><. "5<0 ! 24. !?04:>289 4>3>2V@. 030;L=0 :V;L:VABL 3>48=: 24, C B><C G8A;V ;5:FVW: 8; ?@0:B8G=V 70=OBBO: 8; A0<>ABV9=0 @>1>B0: 8. <VAB>2=89 <>4C;L 6. @02> V=B5;5:BC0;L=>W 2;0A=>ABV. "5<0 ! 25. 030;L=V ?>;>65==O ?@> V=B5;5:BC0;L=C 2;0A=VABL. "5<0 ! 26. 2B>@AL:5 ?@02> B0 AC<V6=V ?@020. "5<0 ! 27. 0B5=B=5 ?@02>. "5<0 ! 28. @02>2V 70A>18 V=482V4C0;V70FVW CG0A=8:V2 F82V;L=>3> >1>@>BC, B>20@V2 V ?>A;C3. "5<0 ! 29. =HV 2848 ?@02 V=B5;5:BC0;L=>W 2;0A=>ABV. 030;L=0 :V;L:VABL 3>48=: 22, C B><C G8A;V ;5:FVW: 6; ?@0:B8G=V 70=OBBO: 6; A0<>ABV9=0 @>1>B0: 10. @30=V70FVO ?>B>G=>3> <>4C;L=>3> :>=B@>;N FV=N20==O 7=0=L ABC45=BV2 7 F82V;L=>3> ?@020 74V9A=NTBLAO =0 >A=>2V @57C;LB0BV2 ?>B>G=>3> <>4C;L=>3> :>=B@>;N (). 030;L=8< >1 T:B>< >FV=N20==O 7=0=L ABC45=BV2 ?@8  T 2V4?>2V4=V G0AB8=8 =02G0;L=>W ?@>3@0<8, 70A2>T==O O:>W 2V4?>2V4=> ?5@52V@OTBLAO ?V4 G0A . 0240==O<  T ?5@52V@:0 @>7C<V==O B0 70A2>T==O =02G0;L=>3> <0B5@V0;C 2V4?>2V4=>3> 7<VAB>2=>3> <>4C;N, 740B=>ABV >A<8A;8B8 7<VAB B5<8 G8 @>74V;C =02G0;L=>W ?@>3@0<8, C<V=L 70AB>A>2C20B8 >B@8<0=V 7=0==O ?@8 28@VH5==V ?@>D5AV9=8E 70240=L. 1 T:B0<8  7=0=L ABC45=BV2 7 F82V;L=>3> ?@020 T: CA?VH=VABL =0 ?@0:B8G=8E 70=OBBOE; 28:>=0==O <>4C;L=8E :>=B@>;L=8E 70240=L. FV=N20==O @57C;LB0BV2  74V9A=NTBLAO 28:;040G5<, O:89 2545 ?@0:B8G=V 70=OBBO, =0?@8:V=FV 282G5==O :>6=>3> 7<VAB>2=>3> <>4C;N. @8B5@VO<8 >FV=N20==O  T: CA?VH=VABL =0 ?@0:B8G=8E 70=OBBOE (2V42V4C20==O 2V4?>2V4=8E D>@< =02G0;L=>3> ?@>F5AC, @V25=L 7=0=L 70 @57C;LB0B0<8 ?@0:B8G=8E 70=OBL, A0<>ABV9=5 >?@0FN20==O B5< 2 FV;><C G8 >:@5<8E ?8B0=L)  2V4 0 4> 3 10;V2; >FV=:0 70 28:>=0==O <>4C;L=8E :>=B@>;L=8E 70240=L  2V4 0 4> 4 10;V2. 8:>=0==O <>4C;L=8E :>=B@>;L=8E 70240=L ?@>2>48BLAO C D>@<V B5ABC20==O B0 4><0H=L>W :>=B@>;L=>W @>1>B8.. 5@5;V: B5ABV2, ?8B0=L B0 70240=L, ?>@O4>: V G0A WE A:;040==O, :@8B5@VW >FV=N20==O 287=0G0NBLAO :0D54@>N V 4>2>4OBLAO 4> 2V4><0 ABC45=BV2 =0 ?>G0B:C =02G0;L=>3> @>:C. V4AC<:>289 10; 70 @57C;LB0B0<8 , >D>@<;ONBLAO ?V4 G0A >AB0==L>3> ?@0:B8G=>3> 70=OBBO 2V4?>2V4=>3> A5<5AB@C. 030;L=0 :V;L:VABL 10;V2 70  ?@8 282G5==V F82V;L=>3> ?@020 A:;040T 42 10;8. >65= <>4C;L >FV=NTBLAO C 7 10;V2. 57C;LB0B8  7=0=L ABC45=BV2 2=>AOBLAO 4> 2V4><>ABV >1;V:C ?>B>G=>W CA?VH=>ABV B0 T >A=>2>N 4;O 287=0G5==O 7030;L=>W CA?VH=>ABV ABC45=B0 V 2@0E>2CNBLAO ?@8 287=0G5==V 10;V2 70 ?V4AC<:>289 :>=B@>;L 7=0=L ().  @07V =528:>=0==O 70240=L  7 >1 T:B82=8E ?@8G8= ABC45=B8 <0NBL ?@02> 70 4>72>;>< 45:0=0BC A:;0AB8 WE. '0A V ?>@O4>: A:;040==O 287=0G0TBLAO 45:0=0B>< @07>< 7 :0D54@>N. 7. =482V4C0;L=0 @>1>B0 ABC45=BV2 (V=482V4C0;L=V =02G0;L=>-4>A;V4=V 70240==O) V4?>2V4=> 4> >;>65==O ?@> >@30=V70FVN =02G0;L=>3> ?@>F5AC 2 :@548B=>-<>4C;L=V9 A8AB5<V ?V43>B>2:8 D0EV2FV2 V=482V4C0;L=0 @>1>B0 ABC45=BV2 7 F82V;L=>3> ?@020 2:;NG0T: 0=>B0FVW ?@>G8B0=>W 4>40B:>2>W ;VB5@0BC@8 7 :C@AC, 1V1;V>3@0DVG=89 >?8A B>I>; C7030;L=5==O AC4>2>W ?@0:B8:8 7 F82V;L=8E A?@02; 5A5 70 2C7L:>-A?5FV0;L=>N ?@>1;5<0B8:>N; ?V43>B>2:0 =0C:>28E AB0B59 B0 4>?>2V459; A:;040==O B5@<V=>;>3VG=8E A;>2=8:V2; AB2>@5==O 107 =>@<0B82=>-?@02>28E 0:BV2 70 B5<0B8:>N CG1>2>3> :C@AC. 81V@ ABC45=B>< V=482V4C0;L=>W @>1>B8 74V9A=NTBLAO 70 ?>3>465==O< 7 :0D54@>N =0 ?>G0B:C =02G0;L=>3> @>:C. @30=V70FVN, :>=B@>;L B0 >FV=:C O:>ABV 28:>=0==O V=482V4C0;L=>W @>1>B8 ABC45=BV2 74V9A=NT :5@V2=8:, O:89 70:@V?;NTBLAO :0D54@>N 70 ABC45=BAL:>N =02G0;L=>N 3@C?>N. 0 V=482V4C0;L=C @>1>BC ABC45=B <0T <>6;82VABL >B@8<0B8 <0:A8<0;L=> 8 10;V2. =482V4C0;L=0 @>1>B0 ?@54AB02;OTBLAO ABC45=B>< 4;O ?5@52V@:8 B0 >FV=N20==O 70 15 4=V2 4> ?>G0B:C 5:70<5=0FV9=>W A5AVW. 8. @>3@0<=V 70?8B0==O 7 =02G0;L=>W 48AF8?;V=8 &82V;L=5 ?@02> #:@0W=8. '0AB8=0 1 @54<5B F82V;L=>3> ?@020. 8A?>78B82=89 <5B>4 @53C;N20==O F82V;L=8E 2V4=>A8= B0 G8==8:8, I> 9>3> 7C<>2;NNBL. @8=F8?8 F82V;L=>3> ?@020. $C=:FVW B0 A8AB5<0 F82V;L=>3> ?@020. >=OBBO B0 2848 465@5; F82V;L=>3> ?@020. :B8 F82V;L=>3> 70:>=>402AB20 B0 WE 4VO C G0AV, ?@>AB>@V B0 70 :>;>< >AV1. =0;>3VO 70:>=C B0 0=0;>3VO ?@020. >=OBBO, 5;5<5=B8 B0 2848 F82V;L=8E ?@02>2V4=>A8=. V4AB028 28=8:=5==O F82V;L=8E ?@02 B0 >1>2 O7:V2. &82V;L=0 ?@02>740B=VABL DV78G=>W >A>18. &82V;L=0 4VT740B=VABL DV78G=>W >A>18 B0 WW 7<VAB. '0AB:>20 F82V;L=0 4VT740B=VABL. 5?>2=0 F82V;L=0 4VT740B=VABL. 040==O ?>2=>W F82V;L=>W 4VT740B=>ABV DV78G=V9 >A>1V, O:0 =5 4>AO3;0 2VAV<=04FOB8 @>:V2. 1<565==O F82V;L=>W 4VT740B=>ABV DV78G=>W >A>18. 87=0==O DV78G=>W >A>18 =54VT740B=>N. ?V:0 V ?V:;C20==O. 87=0==O DV78G=>W >A>18 1572VA=> 2V4ACB=L>N. 3>;>H5==O DV78G=>W >A>18 ?><5@;>N. $V78G=0 >A>10 O: ?V4?@8T<5FL. >=OBBO N@848G=>W >A>18 B0 WW >7=0:8. @30=V70FV9=>-?@02>2V D>@<8 N@848G=8E >AV1 ?@820B=>3> ?@020. =482V4C0;V70FVO N@848G=8E >AV1. !B2>@5==O N@848G=8E >AV1 ?@820B=>3> ?@020. &82V;L=0 ?@02>740B=VABL B0 4VT740B=VABL N@848G=>W >A>18 ?@820B=>3> ?@020. @30=8 N@848G=>W >A>18. $V;VW B0 ?@54AB02=8FB20 N@848G=>W >A>18. @8?8=5==O N@848G=>W >A>18 7 ?@02>=0ABC?=8FB2><. @8?8=5==O N@848G=>W >A>18 157 ?@02>=0ABC?=8FB20. >A?>40@AL:V B>20@8AB20 B0 WE D>@<8. >2=5 B>20@8AB2>. ><0=48B=5 B>20@8AB2>. ">20@8AB2> 7 >1<565=>N 2V4?>2V40;L=VABN. ">20@8AB2> 7 4>40B:>2>N 2V4?>2V40;L=VABN. :FV>=5@=5 B>20@8AB2>. 8@>1=8G89 :>>?5@0B82. 030;L=0 E0@0:B5@8AB8:0 =5?V4?@8T<=8FL:8E B>20@8AB2 V CAB0=>2. #G0ABL 45@6028, 2B>=><=>W 5A?C1;V:8 @8<, B5@8B>@V0;L=8E 3@><04 C F82V;L=8E 2V4=>A8=0E. >=OBBO B0 2848 >1 T:BV2 F82V;L=8E ?@02. 5GV B0 WE :;0A8DV:0FVO. @>HV V 20;NB=V FV==>ABV O: >1 T:B8 F82V;L=8E ?@02. >=OBBO FV==8E ?0?5@V2 O: >1 T:BV2 F82V;L=8E ?@02. ;0A8DV:0FVO FV==8E ?0?5@V2. 5<0B5@V0;L=V 1;030 O: >1 T:B8 F82V;L=8E ?@02. >=OBBO ?@02>G8=C B0 9>3> >7=0:8. ;0A8DV:0FVW ?@02>G8=V2. 030;L=V 28<>38, 4>45@60==O O:8E T =5>1EV4=8< 4;O G8==>ABV ?@02>G8=C. $>@<0 ?@02>G8=C. 5@602=0 @5TAB@0FVO ?@02>G8=V2. ";C<0G5==O ?@02>G8=C. V4<>20 2V4 ?@02>G8=C. >=OBBO B0 2848 =54V9A=8E ?@02>G8=V2. @02>2V =0A;V4:8 =54V9A=>ABV ?@02>G8=C. >=OBBO B0 2848 ?@54AB02=8FB20. >2V@5=VABL (?>=OBBO, 2848, D>@<0, AB@>:). @8?8=5==O ?@54AB02=8FB20 70 4>2V@5=VABN. G8=5==O ?@02>G8=V2 7 ?5@528I5==O< ?>2=>2065=L. 5@54>@CG5==O. >=OBBO, 70A048 B0 <56V 74V9A=5==O AC1 T:B82=8E F82V;L=8E ?@02. >=OBBO B0 70A048 28:>=0==O F82V;L=8E >1>2 O7:V2. 030;L=V 70A048 70E8ABC F82V;L=8E ?@02 B0 V=B5@5AV2. 0E8AB F82V;L=8E ?@02 B0 V=B5@5AV2 N@8A48:FV9=8<8 >@30=0<8. !0<>70E8AB F82V;L=8E ?@02. >=OBBO, >7=0:8 B0 DC=:FVW F82V;L=>-?@02>2>W 2V4?>2V40;L=>ABV. 848 F82V;L=>-?@02>2>W 2V4?>2V40;L=>ABV. #<>28 F82V;L=>-?@02>2>W 2V4?>2V40;L=>ABV. V4AB028 72V;L=5==O 2V4 F82V;L=>-?@02>2>W 2V4?>2V40;L=>ABV. >=OBBO AB@>:C B0 B5@<V=C. 848 AB@>:V2. >@O4>: WE >1G8A;5==O. >=OBBO ?>7>2=>W 402=>ABV B0 <56V WW 70AB>AC20==O. !B@>:8 ?>7>2=>W 402=>ABV. <V=0 B@820;>ABV ?>7>2=>W 402=>ABV. >G0B>: ?5@51V3C ?>7>2=>W 402=>ABV. C?8=5==O B0 ?5@5@820==O ?5@51V3C ?>7>2=>W 402=>ABV. 0A;V4:8 A?;82C ?>7>2=>W 402=>ABV. A>18ABV =5<09=>2V ?@020 (?>=OBBO, 7030;L=0 E0@0:B5@8AB8:0, 2848 B0 70E8AB). 030;L=0 E0@0:B5@8AB8:0 @5G>2>3> ?@020. >=OBBO ?@020 2;0A=>ABV. @02> 2;0A=>ABV 2 >1 T:B82=><C V AC1 T:B82=><C @>7C<V==V. !C1 T:B8 V >1 T:B8 ?@020 2;0A=>ABV. <VAB ?@020 2;0A=>ABV. 4V9A=5==O ?@020 2;0A=>ABV. @02> 2;0A=>ABV =0 75<5;L=C 4V;O=:C. !0<>G8==5 1C4V2=8FB2>. @02> 2;0A=>ABV =0 68B;>. 1>2 O7:8 2;0A=8:0 B0 >1<565==O 9>3> ?@02. 5@2VA=V B0 ?>EV4=V ?V4AB028 =01CBBO ?@020 2;0A=>ABV. 030;L=V B0 A?5FV0;L=V ?V4AB028 =01CBBO ?@020 2;0A=>ABV. ><5=B 28=8:=5==O ?@020 2;0A=>ABV C =01C20G0 <09=0 70 4>3>2>@><. V4AB028 ?@8?8=5==O ?@020 2;0A=>ABV. 8?04:8 ?@8<CA>2>3> 28;CG5==O <09=0, O:5 =0;568BL >A>1V =0 ?@02V 2;0A=>ABV. 030;L=0 E0@0:B5@8AB8:0 B0 2848 ?@020 A?V;L=>W 2;0A=>ABV. @02> A?V;L=>W G0AB:>2>W 2;0A=>ABV. 5@5206=5 ?@02> :C?V2;V G0AB:8 C ?@02V A?V;L=>W G0AB:>2>W 2;0A=>ABV. >4V; <09=0, I> T C A?V;L=V9 G0AB:>2V9 2;0A=>ABV, B0 284V; 7 =L>3> G0AB:8. @8?8=5==O ?@020 =0 G0AB:C C A?V;L=><C <09=V 70 28<>3>N V=H8E A?V22;0A=8:V2. @02> A?V;L=>W AC<VA=>W 2;0A=>ABV. >4V; <09=0, I> T C A?V;L=V9 AC<VA=V9 2;0A=>ABV, B0 284V; 7 =L>3> G0AB:8. &82V;L=>-?@02>2V 70A>18 70E8ABC ?@020 2;0A=>ABV. @02> 2;0A=8:0 =0 28B@51C20==O <09=0 V7 GC6>3> =570:>==>3> 2>;>4V==O (2V=48:0FV9=89 ?>7>2). @02> =0 70E8AB ?@020 2;0A=>ABV 2V4 ?>@CH5=L, =5 ?>2 O70=8E V7 ?>7102;5==O< 2>;>4V==O (=530B>@=89 ?>7>2). >=OBBO V 2848 A?04:C20==O. !:;04 A?04I8=8. V4:@8BBO A?04I8=8. '0A V <VAF5 2V4:@8BBO A?04I8=8. !?04:>T<FV. @02> =0 A?04:C20==O. #AC=5==O 2V4 ?@020 =0 A?04:C20==O. >=OBBO 70?>2VBC B0 9>3> 2848. #<>28 4V9A=>ABV 70?>2VBC. $>@<0 70?>2VBC. >@O4>: ?>A2V4G5==O 70?>2VBC. !:0AC20==O V 7<V=0 70?>2VBC. 87=0==O 70?>2VBC =54V9A=8<. @020 70?>2V40G0. 0?>2V40;L=89 2V4:07. @02> =0 >1>2 O7:>2C G0AB:C C A?04I8=V. 0?>2VB 7 C<>2>N. 0?>2VB ?>4@C66O. 8:>=0==O 70?>2VBC. >2=>2065==O 28:>=02FO 70?>2VBC. '5@3>2VABL A?04:C20==O 70 70:>=><. @89=OBBO A?04I8=8. !B@>: ?@89=OBBO A?04I8=8 B0 =0A;V4:8 9>3> ?@>?CI5==O. V4<>20 2V4 ?@89=OBBO A?04I8=8: ?>=OBBO B0 ?@02>2V =0A;V4:8. V4C<5@;VABL A?04I8=8. !?04:>289 4>3>2V@. >=OBBO ?@020 V=B5;5:BC0;L=>W 2;0A=>ABV B0 9>3> A?V22V4=>H5==O 7 ?@02>< 2;0A=>ABV. !C1 T:B8 B0 >1 T:B8 02B>@AL:>3> ?@020. A>18ABV B0 <09=>2V ?@020 02B>@V2. !B@>:8 G8==>ABV 02B>@AL:8E <09=>28E ?@02, ?@02>2V =0A;V4:8 WE 70:V=G5==O. 030;L=0 E0@0:B5@8AB8:0 AC<V6=8E ?@02. !C1 T:B8 B0 >1 T:B8 AC<V6=8E ?@02. >=OBBO, AC1 T:B8 B0 >1 T:B8 ?0B5=B=>3> ?@020. E>@>==V 4>:C<5=B8 =0 >1 T:B8 ?0B5=B=>3> ?@020, ?@020 B0 >1>2 O7:8, I> 28?;820NBL 7 =8E. @02> V=B5;5:BC0;L=>W 2;0A=>ABV =0 :><5@FV9=5 =09<5=C20==O B0 35>3@0DVG=5 707=0G5==O. @02> V=B5;5:BC0;L=>W 2;0A=>ABV =0 B>@3>25;L=C <0@:C. 9. @8B5@VW >FV=:8 CA?VH=>ABV ABC45=BV2 V4AC<:>25 >FV=N20==O @V2=O 7=0=L ABC45=BV2 7 F82V;L=>3> ?@020 74V9A=NTBLAO =0 >A=>2V @57C;LB0BV2 ?>B>G=>3> <>4C;L=>3> :>=B@>;N (), V=482V4C0;L=>W @>1>B8 ABC45=BV2 B0 ?V4AC<:>2>3> :>=B@>;N 7=0=L ABC45=BV2 () 70 100-10;L=>N H:0;>N. 57C;LB0B8  B0 V=482V4C0;L=>W @>1>B8 ABC45=BV2 >FV=NNBLAO 2 4V0?07>=V 2V4 0 4> 50 10;V2; ?8B0==O, I> 28=>AOBLAO =0   2V4 0 4> 50 10;V2.  7 F82V;L=>3> ?@020 74V9A=NTBLAO C D>@<V VA?8BC 7 >A=>2=8E ?8B0=L, I> ?>B@51CNBL B2>@G>W 2V4?>2V4V B0 C<V==O 28:>@8AB>2C20B8 >B@8<0==V 7=0==O. >=:@5B=89 ?5@5;V: ?8B0=L B0 70240=L, I> >E>?;NNBL 25AL 7<VAB =02G0;L=>W 48AF8?;V=8, 287=0G0NBLAO :0D54@>N V 4>2>4OBLAO 4> 2V4><0 ABC45=BV2 =0 ?>G0B:C =02G0;L=>3> @>:C. > 5:70<5=0FV9=>3> 1V;5B0 2:;NG0NBLAO 3 ?8B0==O. > 2V4><>ABV >1;V:C ?V4AC<:>2>W CA?VH=>ABV 70=>AOBLAO AC<0@=V @57C;LB0B8 , V=482V4C0;L=>W @>1>B8 ABC45=BV2 B0  2 10;0E. >7?>4V; 10;V2, ?@8A2>N20=8E ABC45=B0< >4C;L  (?>B>G=5 B5ABC20==O)>4C;L  (V=482V4. @>1>B0) V4AC<:>289 VA?8B !C<0 1 2 3 4 5 6 8  50  100  7 77 7 7 7 7  7<VAB>2=89 <>4C;L V4AC<:>20 >FV=:0 7 =02G0;L=>W 48AF8?;V=8 28AB02;OTBLAO 2 70;V:>2C :=86:C 73V4=> B0:>W H:0;8: FV=:0 70 H:0;>N ECTS '/FV=:0 70 =0FV>=0;L=>N H:0;>NFV=:0 70 100-10;L=>N H:0;>N, I> 28:>@8AB>2CTBLAO 2 .# A - 2V4<V==5 28:>=0==O ;8H5 7 =57=0G=>N :V;L:VABN ?><8;>: 590-100 B#   - 28I5 A5@54=L>3> @V2=O 7 :V;L:><0 ?><8;:0<8 480-89 C  - 2 7030;L=><C ?@028;L=0 @>1>B0 7 ?52=>N :V;L:VABN 7=0G=8E ?><8;>:75-79 D,- =5?>30=>, 0;5 7V 7=0G=>N :V;L:VABN =54>;V:V2 370-74 E!"",- 28:>=0==O 704>2>;L=OT <V=V<0;L=V :@8B5@VW60-69 FX,- ?>B@V1=> ?>?@0FN20B8 ?5@54 B8<, O: ?5@5A:;0AB8 2 35-59 F,- =5>1EV4=0 A5@9>7=0 ?>40;LH0 @>1>B0, >1>2 O7:>289 ?>2B>@=89 :C@A1-34 !?8A>: @5:><5=4>20=>W ;VB5@0BC@8* &82V;L=5 ?@02> #:@0W=8: V4@CG=8:: # 2-E B><0E /0 @54. .. >@8A>2>W, .. !?0A81>-$0BTT2>W, .. /@>FL:>3>. ".1.  .: >=F5@= 8402=8G89 V< = .@5. 2004. &82V;L=5 ?@02> #:@0W=8: V4@CG=8:: C 2-E :=. /.. 75@0 (:5@V2=8: 02B. :>;.), .. >1@>20, .!. >235@B B0 V=.; 0 @54. .. 75@8, .!. C7=5F>2>W.-2-5 284., 4>?>2. V ?5@5@>1. - .: .@V=:>< =B5@, 2004. =. 1. &82V;L=5 ?@02> #:@0W=8. :045<VG=89 :C@A: V4@CG.: # 42>E B><0E /0 703. @54. /.. (52G5=:>. ".1. 030;L=0 G0AB8=0.  .: >=F5@= 8402=8G89 V< = .@5. 2003. >48D8:0FVO ?@820B=>3> (F82V;L=>3>) ?@020 #:@0W=8. /0 @54. ?@>D. . >235@B0. - .: #:@0W=AL:89 F5=B@ ?@02=8G8E ABC4V9. - 2000. 0CG=>-?@0:B8G5A:89 :><<5=B0@89 !5<59=>3> :>45:A0 #:@08=K />4 @54. ..!. '5@2>=>3>.  .: AB8=0, 2003. * >40B:>289 A?8A>: ;VB5@0BC@8 4828AL 2 5;5:B@>==><C :C@AV 7 =02G0;L=>W 48AF8?;V=8 &82V;L=5 ?@02> #:@0W=8 (G0AB8=0 1 B0 G0AB8=0 2).     PAGE   HYPERLINK "http://globalteka.ru/" globalteka.ru - @0<>B=>5 8 :0G5AB25==>5 2K?>;=5=85 2A5E 284>2 =0CG=KE @01>B. !:84:8, >@838=0;L=>ABL, :>=B@>;L ?;0380B0, ?@O<>5 >1I5=85 A 02B>@><. PAGE  PAGE 106 [2548B5 B5:AB] FZ\~\pr&(pr"$<>Vޏ:Źuih6h E56aJh6h E56CJaJh6h5CJ\aJh6h 5CJ\aJh6h E5CJ\aJh6h E5CJaJh6h5CJaJh6h{5CJaJh6h E5aJhh6h E6aJhh6h ENHaJhh6h EaJh):<ВҒ<>jltĘƘ,4LN:Bأڣvx"$PR`z|NPxz  zǾǾh6h E6aJh6h ENHaJh6h EaJh6h E5aJh6h E5aJhh6h E6aJhh6h EaJhh6h ENHaJhB zܳ^B"l*FH$dh1$`a$gd(]s$dh1$`a$gd(]s dh1$`gd(]szܳ df,.^f24TVxz46^`Z\DF$hjlh6h E56aJh6h5CJaJh6h 5CJaJh6h5CJaJh6h{5CJaJh6h E5CJaJh6h E5aJh6h ENHaJh6h EaJh6h E5aJhh6h E6aJ3$&<>XZdf^`~<>*24FNNPprH  NPdf&bdh6h E6NHaJh6h E6aJh6h E5aJh6h EaJh6h ENHaJPL  L2!#z,,4z::=8> dh1$`gd7 $`a$gd(]s$dh1$`a$gd(]s dh1$`gd(]s24(*BDL       "lnLT\^HJ682>ĺh6h E5h6h E56aJh6h5aJh6h^/5aJh6h5aJh6h E5aJh6h E6aJh6h EaJh6h ENHaJA>@DFZ\x z  ! !!# #&&$'&'''D(F((()).+0+N,P,z,,,//<1>111`2b2 33556678$9&999h:j:z:h6h E6aJh6h ENHaJh6h EaJh6h E5aJh6h E56aJh6h{5h6h5h6h^/5h6h E5h6h5@z:::::*;,;H<J<=>2>8>@>>>@@@@BBRCTCD~DDDDDDDEEHHIzpg\g\gh6h ENHaJh6h EaJh6h75aJh6h E6NHaJhh6h E6aJhh6h ENHaJhh6h EaJhh6h75aJhh6h76aJh6h76aJhh6h7NHaJhh6h7aJh6h7aJhh6h E5aJh6h E6aJ$8>ADDIIQ`QvXXt[[[2\D\\.]]J^^^$ & Fdh^`a$gdg$dh1$`a$gdg dh1$`gdg dh1$`gd7 dh1$`gd(]sIIIIIILLMM>N@NNN`ObOQ`QbQdQhQUVVVvXXXP[R[t[[[[[[2\ζثثᢗ}umah6hYf56aJh6hYf5h6h5h6h^/5h6h5h6h76aJh6h7NHaJh6h7aJh6h ENHaJh6h E6aJhh6h ENHaJhh6h EaJhh6h EaJh6h75aJh6h E5aJh6h E6aJ$2\D\]]t^v^^^^^^^^^^^___8`:```aarctcdd6e8eee&i(iVkXkzl|lllȾȴ|shshshshshshshshshshsh6h ENHaJh6h EaJh6h75aJh6h E6aJh6h E56aJh6h E5\aJh6h5\aJh6h^/5aJh6h E5aJh6hYf5aJh6h{5aJh6hgCJNHaJh6hgCJaJh6h^/56aJ(^^llrruLv؍f*\>Ҡ$dh1$`a$gd^/$dh1$`a$gd(]s dh1$`gd(]s dh1$`gdg$dh1$`a$gdgllllfmhmmmooRoVoppfqhqrrrrrrrttnupuuLvPvTvwwyyyy{{||}}}}8~:~~~dfVX|~Ά҆ln؍Zh6h E56aJh6h ENHaJh6h EaJh6h E5aJh6h75aJh6h E6aJJZ\fjnRT’np*\`dʙ̙np*,̜Μfh>RҠ鷭h6h^/56aJh6hYf56aJh6h5aJh6h^/5aJh6hYf5aJh6h ENHaJh6h EaJh6h E5aJh6h75aJh6h E6aJh6h E6NHaJ6ҠJjأnP46ڷ4HhT dh1$`gd(]s dh1$`gd$dh1$`a$gd(]s$ & Fdha$gd/Ҡbdhj~ԣ֣أڣޣFHn ©ĩNPxz46PVZln*,4NP6Ƽмh6h6NHaJh6h6aJh6hNHaJh6haJh6h75aJh6h5aJh6h^/5aJh6hYf5aJh6h^/56CJaJh6h/CJNHaJh6h/CJaJ56<>@LN.0ڷ024HT(2ͷzozozozeYezh6h E6NHaJh6h E6aJh6h ENHaJh6h EaJh6h E56aJh6h^/5aJh6hR5aJh6h{5aJh6hYf5aJh6h E5aJh6h6NHaJh6h6aJh6hNHaJh6h5aJh6haJh6h75aJ"24ҿԿhj&(8:\^hP*,02dfr24>@tvNP⸮Υh6h[aJh6h^/5aJh6hDY5aJh6h E6NHaJh6h[5aJh6h E5aJh6h E6aJh6h EaJh6h ENHaJ?T*rrl2VZ"d$dh1$`a$gdHG dh1$`gdHG dh1$`gd[$dh1$`a$gd(]s dh1$`gd(]s:<DFlv RTln2<VbdZ "6`d 4TV¸¬¸h6hHGNHaJh6hHGaJh6h^/56aJh6h[56aJh6h^/5aJh6hDY5aJh6h[5aJh6h[6NHaJh6h[6aJh6h[aJh6h[NHaJ3 p XZ4l~z & F f8dh^`gdHG$ & Fdh^`a$gdHG$dh1$`a$gdHG & Fdh^`gdHGVX04l~Z\>@z|~>ǽǽܔsj_j_j_j_j_jh6h ENHaJh6h EaJh6h E56aJh6h)5aJh6hHGNHaJh6hHGaJh6hR56aJh6h^/5aJh6hDY5aJh6hR5aJh6h E5aJh6hHGCJaJh6h^/56aJh6hDY56aJh6hDY5\aJ$b>R  f,L<'+, dh1$`gd(]s$dh1$`a$gd(]s$ >dh1$`a$gd(]s$dh-D1$M `a$gd(]s$ >dh1$`a$gdHG dh1$`gdHG$dh1$`a$gdHG>b d   R    N,LV+,,0033>4@4b44455466699,:.:::;;==.>0>H?J?z???F@H@Bɽh6h E6CJ\aJh6h E5CJaJh6h ECJaJh6h ECJ\aJh6h E5CJ\aJh6h ENHaJh6h E5aJh6h EaJh6h E6aJ<,2b44z??DEEEHLLL*MNOS2SLVVhW|Wn\_ den$dh1$`a$gd(]s dh1$`gd(]sB B C CDDDfEhEEEEEEEEEEEFFHHJJKK0L2LL*M4M8NNNO(OOOPPrQtQRRS2S|N}P}}}T~V~xzvxhj0~̂҂np BDJj־wk_h6h5CJaJh6h(]s5CJaJh6hk5CJaJh6h)CJNHaJh6h)CJaJh6hCJaJh6h8v56aJh6hjj 56aJh6hjy5CJaJh6h8v5CJaJh6hK5CJaJh6h E6aJh6h ENHaJh6h EaJ%LNPRTVXZ\^`bdfhjfFd$$dh1$`a$gdo:$dh1$`a$gdo:jr„fFzd&$T2>&ΒhΖėޘę*T4Vn<rJȡdr,N,^(֬ ,2BĴLh6ho:CJaJh6hz45CJaJh6ho:5CJaJShޘ*V<d,,֬$dh1$`a$gdo:2ĴL@B $$1$Ifa$gd(l$$1$If`a$gd(l $1$`a$gdo:$dh1$`a$gdo:$dh1$`a$gdo:>ҹֹDRt~ʺ̺ 6:>R~»Ȼ̻.24ڼܼ޼PR縭|h6h#" CJ\aJh6h?CJ\aJh6h?5CJ\aJh6h?CJaJh6h CJaJh6h E5CJaJh6ho:CJaJh6hn5CJaJh6hz45CJaJh6ho:5CJaJh6hp 5CJaJ/"FֹعjXXX$$1$If`a$gd(lkd$$IflxF\ |%\ @  0|%    4 lal $$1$Ifa$gd(l عڹ NPR~̺<>Rʻ$dh$1$Ifa$gd(l $$1$Ifa$gd(l$$1$If`a$gd(lʻ̻024޼XO?$dh1$`a$gd? $dh1$a$kd@$$IflF\ |%\ @  0|%    4 lal $$1$Ifa$gd(l$$1$If`a$gd(l޼z¾L.v@D dh1$`gd?1$^`gd?$dh1$`a$gd#" $dh1$]`a$gd#" ^gd#" $dh1$`a$gd#" $dh1$]`a$gd#" $dh1$]`a$gd#" ڽ"TVx̾оVZʿοҿԿ,.8<>^`rtv۹Ĺ筡th6hq$46CJaJh6hY>6CJaJh6hM~CJaJh6h*5aJh6h#" 5\aJh6h*5\aJh6h*CJaJh6h?CJaJh6hM~CJ\aJh6h#" CJ\aJh6h?CJ\aJh6h*CJ\aJ, 8<>@$(*,@DRVXZ|>@B÷íwkkh6h6CJaJh6h?CJaJh6h#" CJ\aJh6h?CJ\aJh6h?aJh6h#" \aJh6h?\aJh6h#" 5\aJh6h?5\aJh6h6CJaJh6hY>6CJaJh6hq$46CJaJh6hi%6CJaJ*D|D@t:HJ ~L1$^`gd?$dh1$]`a$gd#" $dh1$]`a$gdY>$dh1$]`a$gd?BD@LRTX&(*,4:lnprٴ٨٨ٞ|pd||p|h6hn6CJaJh6hZ6CJaJh6hq$46CJaJh6h?56aJh6h#" 5aJh6h?5aJh6h 1CJ\aJh6h?CJNH\aJh6h?CJaJh6h#" CJ\aJh6h?CJ\aJh6h?5CJ\aJh6hY>6CJaJ#FHRVXZ^ 2>FJ <>@Bbõ|rhrh6hY 5aJh6h#" 5aJh6h#" 5\aJh6h?5aJh6h#" CJ\aJh6h?CJ\aJh6h?CJaJh6h?5CJ\aJh6hY>6CJaJh6hq$46CJaJh6hn6CJaJh6hZ6CJaJh6h6CJaJ(bnptvz,.24~"L~󩞩|r|r|r|fffh6h(6CJaJh6h#" 5aJh6h?5aJh6h#" CJ\aJh6h?CJ\aJh6h?CJaJh6h?5CJ\aJh6hn6CJaJh6hf6CJaJh6hq$46CJaJh6hZ6CJaJh6h6CJaJh6hY>6CJaJ(  8:z|`b<  6:Ϳʹ~tj^^^h6h6CJaJh6h]5aJh6h^?-5aJh6h Xr5aJh6h#" 5aJh6h?5aJh6h#" CJ\aJh6h?CJ\aJh6h?CJaJh6hY>5CJ\aJh6h?5CJ\aJh6hf6CJaJh6h(6CJaJh6hY>6CJaJ$|P<lnbq$ & F 8dh1$^`a$gdo:$ 8dh1$`a$gdo:$ 8dh1$`a$gdo:$dh1$]`a$gdY>1$^`gd?$dh1$]`a$gd?$dh1$]`a$gd#" :@dhjlpn<>|  (ϸϬϸϬϸϸϸ~rih6ho:aJh6h~b5CJaJh6h Xr5CJaJh6h6g5CJaJh6h@ CJaJh6h+ CJaJh6h9H5CJaJh6ho:CJaJh6hz45CJaJh6ho:5CJaJh6h6CJaJh6hY>6CJaJh6hf6CJaJ(b @   $dh1$`a$gdo: $dh1$a$$ & F 8dh1$^`a$gdo:$ 8dh1$`a$gdo:$ & F 8dh1$^`a$gdo:fd>,.02 1$`gdo:$dh1$`a$gdo:$ & F dh1$a$gdo:$dh1$`a$gdo: dh1$`gdo:$dh1$`a$gdo:^b`bd,:,.BJ:<VX  ׿{n{n{n{n{n{n{n{h6hA 'CJNHaJh6hA 'CJaJh6h135CJaJh6hSr5CJaJh6hA '5CJaJh6h XraJh6ho:5CJaJh6ho:CJaJh6ho:56>*aJh6hpn95aJh6h]5aJh6h[-5aJh6ho:5aJ+2468:<>@BD,r<$ & F 1$^`a$gdA '$ & F 81$^`a$gdA ' $1$`a$gdA ' 1$`gdo: ,.DF^`$&tvnp:<XZtvfhdfNPBD(*JLvxjl*,xh6hA 'CJaJh6hA 'CJNHaJ\6(`6Nh2~(~^h$ & F 1$^`a$gdA 'hrn^`4f t$ & F 1$^`a$gdA '>:D( $ & F 1$^`a$gdA ' & F 1$^`gdA '$ & F d1$^`gdA '$ & F 1$^`a$gdA 'xz02.0D(   N P    N P X     D F     &(tvӾӴh6hA '5NHaJh6hA '5aJh6hA '>*aJh6hA 'NHaJh6hA 'aJh6hA '5CJaJh6hA 'CJaJh6hA 'CJNHaJB Tz  ^  X   N  F$ & F 71$^`a$gdA '$ & F d1$^`gdA '$ & F 1$^`a$gdA ' & F 1$^`gdA '44tBT|~ $dh1$a$gdA '$ 7S1$a$gdA ' & F 7S1$^`gdA '$ & F 7S1$^`a$gdA 'v(*bdBpr|~Jd@ n tih6ho:CJaJh6h=j5CJaJh6hSr5CJaJh6ho:5CJaJh6h Xr5CJaJh6ho:5aJh6hSraJh6ho:aJh6hA 'aJh6h XraJh6hA '5CJaJh6hA '5aJh6hA 'CJNHaJh6hA 'CJaJ(~.Bxz $$1$Ifa$gd(l$$1$If`a$gd(l $1$`a$gdo:$dh1$`a$gdo: 1$`gdo:eZZZZZZH$$1$If`a$gd(l $1$Ifgd(lkd$$Ifl\P#hT04 la           " & ( , . 2 4 Ff2 $$1$Ifa$gd(l$$1$If`a$gd(l4 8 : < > @ n p r t v x z 6!D!X!b!d!f!|!!$$1$If`a$gd(l$dh1$`a$gdo: 1$`gdo:Ff$1$If`gd(l $$1$Ifa$gd(ln x z 6!2"""V#^##$$$%%%%R&T&^&n&p&t&v&x&&&&>'@'''''''))******+똎zqqqzqqqh6h^%{aJh6h8TINHaJh6h8TIaJh6h8TI5aJh6hT5aJh6h075aJh6h5CJaJh5CJaJho:5CJaJh6ho:CJaJh6ho:5CJaJh6ho:5aJh6hSr5aJh6h Xr5aJ,!*","."2"""WI:$1$If`gd(l $$1$Ifa$gd(lkd$$Ifls\Q<%QT0%4 lal $$1$Ifa$gd(l""""""VD6 $$1$Ifa$gd(l$$1$If`a$gd(lkd|$$Ifl}\Q<%QT0%4 lal$1$If`gd(l"@#B#D#F#J#V#X#Ekd#$$Ifl4 \Q<%Q`T0%4 lalf4$1$If`gd(l $$1$Ifa$gd(lX#Z#^####$1$If`gd(l $$1$Ifa$gd(l $$1$Ifa$gd(l$$1$If`a$gd(l#$$$x$bPB4 $$1$Ifa$gd(l $$1$Ifa$gd(l$$1$If`a$gd(lkd$$Ifl4\Q<%Q T0%4 lalf4x$z$|$~$$$$$SA$$1$If`a$gd(lkd$$Ifl4\Q<%Q`T0%4 lalf4$1$If`gd(l$$%%%%7kd9$$Ifl4\Q<%Q T0%4 lalf4$1$If`gd(l $$1$Ifa$gd(l $$1$Ifa$gd(l%%%%%%%%%%%$1$If`gd(l $$1$Ifa$gd(l $$1$Ifa$gd(l$$1$If`a$gd(l %%%%R&T&bPB4P $$1$Ifa$gd(l $$1$Ifa$gd(l$$1$If`a$gd(lkd$$Ifl4\Q<%Q`T0%4 lalf4T&^&`&b&d&f&h&j&SCCCCC$dh1$`a$gdo:kd $$Ifl4\Q<%Q T0%4 lalf4$1$If`gd(lj&l&n&p&r&t&v&&')*+,,,,----$ #dh1$]`a$gdg9 #dh1$]`gdg9$ & Fdh1$^`a$gdS$dh1$`a$gdo:++++++++++,,,,,-<----------------.... . .ƿyf%hHhHB* CJ aJ mHphpsH(jhHB* CJ UaJ mH phpsH h3B h3B0Jjh3B0JUh\jh\U hg9h8TIhg9h8TI5aJ hT5aJh6hTaJh6hT5aJh6hSaJ hSaJ h8TIaJh6h8TIaJh6h^%{aJ%-------...|/~////////////$ #dh1$]`a$gdg9h]h&`#$h]h&`#$ ..".*.0.D.F.J.P.R.f.h.l.n.z/~/////////////////ǹǣ|xtm hg9h8TIh\hHhHmHsHhH0JmHnHu h3B0Jjh3B0JUh3BhHB*CJ aJ phhH0J)CJ aJ hH0J)CJ aJ mH sH (jhHB* CJ UaJ mH phpsH %hHhHB* CJ aJ mHphpsHhHB* CJ aJ mH phpsH 21h:pH. A!"R#n$n% $$If!vh#vh#v8#v :V l4 t05y++,5h585 $$If!vh#vh#v8#v#v:V l4U t05y++5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855/ $$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855/ $$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855/ $$If!vh#vh#v8#v#v:V l t05y5h5855/ $$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855/ $$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l t05y5h5855$$If!vh#vh#v8#v#v:V l# t05y5h5855$$If!vh#vh#v:V l# t05y5h5$$Ifl-!vh#vp:V l405l-,5p/  4f4$$Ifl!vh#v\ #v@ #v :V lx0|%5\ 5@ 5 4al$$Ifl!vh#v\ #v@ #v :V l0|%5\ 5@ 5 4al$$If!vh#vh#vT#v#v:V l05h5T554$$If!v h#v<#vT#v#v :V l4\0+++5<5T55 4f4kd{$$Ifl4\  H P#<<<<<<`T``0$$$$4 laf4$$If!v h#v<#vT#v#v :V l4k0+++5<5T55 4f4kd($$Ifl4k  H P#<<<<<< T  0$$$$4 laf4$$Ifl!vh#vQ#v#vT#v:V ls0%5Q55T54al$$Ifl!vh#vQ#v#vT#v:V l}0%5Q55T54al$$Ifl!vh#vQ#v#vT#v:V l4 0%+5Q55T54alf4$$Ifl!vh#vQ#v#vT#v:V l40%+5Q55T54alf4$$Ifl!vh#vQ#v#vT#v:V l40%+5Q55T54alf4$$Ifl!vh#vQ#v#vT#v:V l40%+5Q55T54alf4$$Ifl!vh#vQ#v#vT#v:V l40%+5Q55T54alf4$$Ifl!vh#vQ#v#vT#v:V l40%+5Q55T54alf4^* 666666666vvvvvvvvv66666686666666666666666666666666666666666666666666666666hH6666666666666666666666666666666666666666666666666666666666666666662 0@P`p2( 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p8XV~_HmHnHsHtHB`B 1KG=K9CJ_HaJmH"sH"tHT@T  03>;>2>: 1$$dh@&a$CJmH"sH"uT@T  03>;>2>: 2$$@&a$56CJmH"sH"uB@B  03>;>2>: 3$$@&a$5@@@  03>;>2>: 4$@&5CJF@F  03>;>2>: 5$$@&a$5CJL@L u 03>;>2>: 6 <@&5CJ\aJ>> 11 03>;>2>: 7 <@&D@D 11 03>;>2>: 8 <@&6]R @R  03>;>2>: 9 <@&CJOJQJ^JaJBA`B A=>2=>9 H@8DB 0170F0\i@\ 1KG=0O B01;8F0 :V 44 la .k . 5B A?8A:0 HOH Body Text1$CJaJhmH"sH"uNB@N 'A=>2=>9 B5:AB$a$CJmH"sH"uL@L (05@E=89 :>;>=B8BC;  E$4)@!4 ><5@ AB@0=8FKTP@2T A=>2=>9 B5:AB 2$a$5CJmH"sH"uTQ@BT A=>2=>9 B5:AB 3$a$5CJmH"sH"u|C@R| A=>2=>9 B5:AB A >BABC?><$dh^`a$5CJmH"sH"uxR@bx A=>2=>9 B5:AB A >BABC?>< 2$dh^a$5CJmH"sH"uD>@rD 0720=85$a$5CJmH"sH"uJ @J 86=89 :>;>=B8BC;  E$pp N !5B:0 B01;8FK7:V0NON Heading 2$$1$a$5CJaJmH sH @o@ NormalCJ_HhmH"sH"tHJJ@J  >4703>;>2>:$a$CJaJmH"sH"<@<  "5:AB A=>A:8CJaJfS@f A=>2=>9 B5:AB A >BABC?>< 3x^CJaJP"@P 0720=85 >1J5:B0$a$56mH"sH"$$ rvts10"" rvts7$!$ rvts11PT@2P &8B0B0#$dh]^a$ CJmH"sH"doBd Paragraph Style $7$8$H$ CJOJQJ_HaJmHsHtHBoQB Font StyleB*CJ^JaJphJ@bJ  "5:AB 2K=>A:8&CJOJQJ^JaJNoqN SA=>2=>9 B5:AB =0:CJaJmH"sH"VoV H05@E=89 :>;>=B8BC; =0:CJaJmH"sH"8U`8 H0 8?5@AAK;:0 >*phPK![Content_Types].xmlN0EH-J@%ǎǢ|ș$زULTB l,3;rØJB+$G]7O٭VCWNIA!ޝ}7/݉%BR7Hw9!p<Ǥፉ.EB\ /T*Y>,cy'$gC."Vso+C1OǓt}8>V3mBb%DWs'O''Gw ~lh;UM!DzŬ;C K^ysJJ1KRμ)~.ک/ Y\n9?[]67)qnpJOF$ w;fCLL&׸m%]V%z-{ v8Ҩm-.xo(-ms~ۜ|s>Ͼ%O04h=یщ!eƌ\f :C*OiIA 64HpUa7 UO3 d:(fA@٣>N"Hhp&hA38 )SUUR'V5&HM.6xpyn,ބ!h^^Z4~0#w,,& g"Ic힍Q)˕C6%^+Hk!$A*#.D)irdq8Y^}q~C>Np%uJx?+al|zf[Ux5b>c!:M (MkIVEpYPҍN2$ÿ -.h۴"P6T{T 6]u̒VhVnR+n;)ȔbL X6Y`+qB]( 0H1$6_[s)k8Tm Aa?R d ڒɾ0{eRF& Ī't\{BHuM6`pGϽO+!XoN'^[crh2*tW<{1U+l_QSncX<)Q(wJH ٯ#zCm>nhf6t}M&ʺ6ײ'\gkNS:;\qN-S;kǺ"{DailL`̗/޿ ^o#I&%0]SPV!] PK! ѐ'theme/theme/_rels/themeManager.xml.relsM 0wooӺ&݈Э5 6?$Q ,.aic21h:qm@RN;d`o7gK(M&$R(.1r'JЊT8V"AȻHu}|$b{P8g/]QAsم(#L[PK-![Content_Types].xmlPK-!֧6 0_rels/.relsPK-!kytheme/theme/themeManager.xmlPK-!^}-theme/theme/theme1.xmlPK-! ѐ' theme/theme/_rels/themeManager.xml.relsPK] в ).\01N34J678:;zE`<Rh/\Dw,5dX$F:z>z:I2\lZҠ62V>BXryjBb:xvn + ./^bdhmqv{ "#%&()*,.02357:?@BCDEGJLPSXdf (....t//X00T1h1122(3^333v44F55"66666B7T77:889*99:L::;;;;<<<|m\tH<nh.Dh8>^ҠT,nLعʻ޼Db2h ~4 !""X##x$$%%T&j&-/_`acefgijklnoprstuwxyz|}~!$'+-/14689;<=>AFHIKMNOQRTUVWYZ[\]^_`abce ;I! X! !@ @H 0(  0(  B S  ?}st~stststZb0@:Ѳ_j0D:ѲC*urn:schemas-microsoft-com:office:smarttagsmetricconverter 21 :31 104 <14 :2. < ProductID##($7$z$$$$ 66R7b78%899;;e<o<XX(Z5Z[[}aabboo{ppqqrrtz}z1{:{||فށHYJYp܈aǩ׌AK-@bhҝٝakBL(XbأݣޣXaͨ֨%x~Yeͽѽ"),3%EL#,<HZ_-5 ( dnwuu}!'w% @G,5A"J"n"w"e)l)**00001111X3a33344:5B57!799F:N::: <<m<s<<<H=N===>>>>??BBJJzJJK KMMXX1[;[bbcccdGdOdtd}ddde#e/e7eff(u/uUzaz~ bk ؉|anpyu}ޞir:B=C Udĸոٸڸ'~Ĺȹӹ"'2;y˺̺ӺԺ*5>Ebj»  DGHOiowڼνؽտݿ  (3;LU[dfn>A_giq  *4>GVakvx-78;`hu|ai 2;).&/dmbl!=GLT!  29`lIUmte o V ` &&&&p.~...I5Q5<<QKZKL LSSTT[[ghhijjll,n9noo!r.rzrruuuvs֠JT"EQ*-DKaf۰  6<бұӱձֱرٱ۱ܱ '*67ABFGLMTUZdr}˲˲βѲ%&=Hef)*KMeiWbdik  `aIJ|:=EF<?R S   FG>?/0ACstxy{|~'(01ghpq34`aij23;<fgopCDLMnqstz{ BCKLlm  #$,-_`YZQR"###\#]#$$7$8$f$g$.&/&_&`&))**++,,12p2q222222244448888 = ===??4?5???AABBCCCCFFNFOFGGGGGGIIpJqJLLNNNN.Q/QGQHQSSTTTTTTUUVV;XWXDE]^ 34TUST&'BCKL01=>:;/089^_  < = _ ` C D   PQst@ArsAB|}./fg JKTU#$ ! !\!]!#$$$@%A%Y%Z%((x*y***..0091:13355,5-5:::::=;=======]?^?A ADAEAwAxARBSBqBrBjDkD{D|DF Fd?dddee-f.fffQgRggggghhiijjfjgj'k(kkkllmmxmymmm*o+o+p,pppppMqNqqqrrss5t6tttDuEuv vvvww3w7w;w=w]w^wdwewswtwwwwwwwwwwwww x x!x"x(x)x0x2x;xZ[+,rsۇ܇89AC:;kl'(VWpqďŏߏ-.xyΐϐ)+\^}(*OQdf֒ؒ;=]_HJ{}̔Δ!#9;QS02eg"$ikɗ˗:<fhјӘFH|~ՙי?Ajl[]ۛݛ)+RT˜͜<>WY8:^` RT\^\^@BoqӢբ"$XZ|~Уң,.@BĤŤ9:  JSjk˦ͦIJۨܨ35[\deyzªêǪȪ̪ͪѪҪ֪٪۪ߪ }~<>FIڬܬ"),bdilno  ?@XYڰ۰CGαбұӱձֱرٱ۱ܱ'\˲˲βѲ3 OZ9@xCбұӱձֱرٱ۱ܱ\˲˲̲βѲ$ббұӱӱձֱرٱ۱ܱ βѲ R \%b< tԺ; : _-0d|$!dm4h"$+=*@BG;Hz1<4%@:rL1YH5@0Jj.Rd-VERL^G[01baf!elzk--^-`o(. ^`hH.  L ^ `LhH.   ^ `hH. mm^m`hH. =L=^=`LhH.   ^ `hH. ^`hH. L^`LhH.h^`OJQJo(hHhee^e`OJQJ^Jo(hHoh5 5 ^5 `OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHhuu^u`OJQJo(hHhEE^E`OJQJ^Jo(hHoh^`OJQJo(hHh^`OJQJo(hHhee^e`OJQJ^Jo(hHoh5 5 ^5 `OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHhuu^u`OJQJo(hHhEE^E`OJQJ^Jo(hHoh^`OJQJo(hHf_f^f`_o(. ^`hH.  L ^ `LhH.   ^ `hH. mm^m`hH. =L=^=`LhH.   ^ `hH. ^`hH. L^`LhH.xx^x`o(. HH^H`hH.  L ^ `LhH.   ^ `hH. ^`hH. L^`LhH. XX^X`hH. ((^(`hH. L^`LhH.h^`OJQJo(hHhee^e`OJQJ^Jo(hHoh5 5 ^5 `OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHhuu^u`OJQJo(hHhEE^E`OJQJ^Jo(hHoh^`OJQJo(hH--^-`o(. ^`hH.  L ^ `LhH.   ^ `hH. mm^m`hH. =L=^=`LhH.   ^ `hH. ^`hH. L^`LhH.--^-`o(. ^`hH.  L ^ `LhH.   ^ `hH. mm^m`hH. =L=^=`LhH.   ^ `hH. ^`hH. L^`LhH.h^`OJQJo(hHhee^e`OJQJ^Jo(hHoh5 5 ^5 `OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHhuu^u`OJQJo(hHhEE^E`OJQJ^Jo(hHoh^`OJQJo(hH--^-`o(. ^`hH.  L ^ `LhH.   ^ `hH. mm^m`hH. =L=^=`LhH.   ^ `hH. ^`hH. L^`LhH.h^`OJQJo(hHhee^e`OJQJ^Jo(hHoh5 5 ^5 `OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHhuu^u`OJQJo(hHhEE^E`OJQJ^Jo(hHoh^`OJQJo(hH x ^x `o(. 9^9`hH.  L^ `LhH. ^`hH. ^`hH. yL^y`LhH. I^I`hH.  ^ `hH. "L^"`LhH.--^-`o(. ^`hH.  L ^ `LhH.   ^ `hH. mm^m`hH. =L=^=`LhH.   ^ `hH. ^`hH. L^`LhH.--^-`o(. ^`hH.  L ^ `LhH.   ^ `hH. mm^m`hH. =L=^=`LhH.   ^ `hH. ^`hH. L^`LhH.  ^ `o(. ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.--^-`o(. ^`hH.  L ^ `LhH.   ^ `hH. mm^m`hH. =L=^=`LhH.   ^ `hH. ^`hH. L^`LhH.``^``OJPJQJ^Jo(-l\l^l`\OJPJQJ^Jo(    ^ `OJQJo(   ^ `OJQJo( ^`OJQJo(o pp^p`OJQJo( @@^@`OJQJo( ^`OJQJo(o ^`OJQJo(^`o(. ^`hH.  L ^ `LhH.   ^ `hH. mm^m`hH. =L=^=`LhH.   ^ `hH. ^`hH. L^`LhH.hh^h`.ER1bazk1YHG;$!%@%b< t=*j.R R _-!e^G[4h"@0Jz1<; @D^j>6k+SҲJ"i%A 'f\)e)^?-^/q0yV011=C2q$4z4UL6|6pn9o:q:a;1>Y>A3B EF8TI#VIJE PbQRsST2mTNtTYDYh[]o]Gld%f0fYfg6gibli=j~jPmnnY&ngopq7pSr Xr(]sA2u8v2vjy^%{ }M~V #c_H+% ]`>B07 Z.V%-%1(V|* H>lG-&N  (Xr2'w[6*oM u//\ 1?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefgijklmnopqrstuvwxz{|}~Root Entry F~m/Data hO!1TableyWordDocument4SummaryInformation(DocumentSummaryInformation8CompObjr  F Microsoft Word 97-2003 MSWordDocWord.Document.89q