ࡱ> PRO6Ebjbj .Jhh@hhhhh|||8|*.>)= Xl!hIIIhhI hhI|S0*f |f f h IIIIIIIIII*IIIIf IIIIIIIII( .:  HYPERLINK "http://www.globalteka.ru" www.globalteka.ru 0:070BL 48?;><, :C@A>2CN, 48AA5@B0F8N >1@>5 8<O 7=0G8B =5<0;>  235=8O 0:>A=8:, ?> <0B5@80;0< Financial Times \\ 0=:>2A:0O ?@0:B8:0 70 @C156><.  2004. -!6.  !.30-31. @8B0=A:89 10=: Barclays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arclays 405B ?@02> 3>2>@8BL > ?5@5E>45 ?@>1;5< @5?CB0F88 8 A2O70==>3> A =59 @8A:0 =0 2KAH89 C@>25=L. !>3;0A=> 8AA;54>20=8N, ?@>2545==><C A?5F80;878@CNI59AO =0 A2O7OE A >1I5AB25==>ABLN :><?0=859 Burson-Marsteller, D8@<5 B@51C5BAO =5 <5=55 G5BK@5E ;5B, 4;O B>3> GB>1K 2>AAB0=>28BL @5?CB0F8N. >2>;L=> C4@CG0NI89 ?>:070B5;L, >4=0:> =0 45;5 1K205B 8 B>3> EC65.  G0AB=>AB8, Barclays 4> A8E ?>@ >ICI05B ?>A;54AB28O ABC45=G5A:>9 :0<?0=88 ?> 1>9:>BC 10=:0, ?@>2545==>9 5I5 2 70-E 3>40E. ">340 ABC45=BK ?@>B5AB>20;8 ?@>B82 45OB5;L=>AB8 Barclays 2 .6=>9 D@8:5, 345 2 B> 2@5<O ?@>F25B0;0 ?>;8B8:0 0?0@B5840.  E>BO A B5E ?>@ ?@>H;> B@8 45AOB:0 ;5B, Barclays 2A5 5I5 AB@0405B 87-70 A2>59 "?>4<>G5==>9" @5?CB0F88. 'B>1K >:>=G0B5;L=> ">G8AB8BL" 4>1@>5 8<O A2>53> 10=:0, @8A 5=4@0<, 70<5AB8B5;L ?@54A540B5;O ?@02;5=8O Barclays, >ACI5AB28; =5:>B>@K5 87<5=5=8O 2 C?@02;5=G5A:>9 AB@C:BC@5 3@C??K A F5;LN ?@54>B2@0I5=8O O2;5=89 8 A8BC0F89, =530B82=> 2;8ONI8E =0 @5?CB0F8N Barclays.  =0G0;5 B5:CI53> 3>40 @8A 5=4@0< A>740; =>2K9 :><8B5B ?> 2>?@>A0< 1@5=40 8 @5?CB0F88, :>B>@K9 @0AA<0B@8205B @8A: ?>B5@8 @5?CB0F88 =0@02=5 A D8=0=A>2K< 8 >?5@0F8>==K< @8A:0<8. 1@07>20==K9 8< :><8B5B ?@8720= @5H0BL ?@>1;5<K, 2;8ONI85 =0 8<846 Barclays. "">, G5< <K 70=8<05<AO, 4>AB0B>G=> ;53:> >?8A0BL,  3>2>@8B @8A 5=4@0<.  K ?@>AB> ?@54AB02;O5< A515 A0<K5 AB@0H=K5 :>H<0@K 8 8I5< ?CB8 8E ?@54>B2@0I5=8O". >2K9 :><8B5B, :0: >68405BAO, ?><>65B Barclays =5 B>;L:> 2>72@0B8BL 1K;>9 02B>@8B5B 10=:0, => 8 871560BL >G5@54=KE >H81>: 8 @5H8BL =07@520NI85 ?@>1;5<K, :>B>@K5 <>3CB 1@>A8BL B5=L =0 53> @5?CB0F8N. "/ ;8HL =045NAL,  4>102;O5B @8A 5=4@0<,  GB> =0< C40ABAO A?@028BLAO A 2>7=8:0NI8<8 2 ?@>F5AA5 45OB5;L=>AB8 Barclays ?@>1;5<0<8 4> B>3>, :0: >=8 =0G=CB 2;8OBL =0 @5?CB0F8N 10=:0".  A>AB02 :><8B5B0 2>H;8 ;CGH85 B>?-<5=5465@K 10=:0.  G0AB=>AB8, 53> G;5=0<8 AB0;8 8A?>;=8B5;L=K9 48@5:B>@ ?>4@0745;5=8O Barclaycard (:@548B=0O :0@B>G:0 Barclays), @C:>2>48B5;8 B@5E 4@C38E >A=>2=KE =0?@02;5=89 45OB5;L=>AB8 10=:0, D8=0=A>2K9 48@5:B>@, 48@5:B>@ ?> C?@02;5=8N @8A:><, 3;020 >B45;0 <0@:5B8=30 8 8=D>@<0F88, 3;020 >B45;0 A2O759 A 8=25AB>@0<8 8 48@5:B>@ ?> 2>?@>A0< >1I59 ?>;8B8:8. OBL 87 ?OB=04F0B8 G;5=>2 :><8B5B0 22545=K 2 A>AB02 ?@02;5=8O Barclays.  Barclays, :0: 8 2> <=>38E 4@C38E D8=0=A>2KE 8=AB8BCB0E, >A>7=0NB, GB>, 4;O B>3> GB>1K 4>AB8GL 459AB28B5;L=> ACI5AB25==KE @57C;LB0B>2 2 AD5@5 ?>445@60=8O A2>53> 4>1@>3> 8<5=8, =5>1E>48<> ?5@5A<>B@5BL 8 C;CGH8BL ACI5AB2CNI85, 0 B0:65 @07@01>B0BL =>2K5 A?>A>1K 8 <5B>4K C?@02;5=8O @8$*02FHLPRTZ\prvx d ̹̹̹̹̹̞ۍtctM+h2A56B*CJOJQJ\]^Jph jh2AB*CJUaJphh2AB*CJaJphhz h#0JCJaJ hz h#0JCJaJmH sH 4jhz h#B* CJUaJmH phI}sH %hz h#B* CJaJmH phI}sH hz h#B* CJaJphI}.jhz h#B* CJUaJmH phI}sH h#B*CJaJph ` d  +j.28:r@CCCCCgd#`$a$gd#d "*CCCCCCCCCCCC&D(D*D<, A2O70==K< A @5?CB0F859.  CA;>28OE <3=>25==>3> @0A?@>AB@0=5=8O 8=D>@<0F88, 4>AB868<>3> 1;03>40@O A>2@5<5==K< M;5:B@>==K< !, =530B82=K5 A2545=8O, 2:;NG0O 8 =5>1>A=>20==K5, @0A?@>AB@0=ONBAO <>;=85=>A=> 8 <>3CB =0=5AB8 7=0G8B5;L=K9 2@54. 528= 0=8, A?5F80;8AB ?> @5?CB0F88 2 <564C=0@>4=>9 H:>;5 187=5A0 Henley Management College, A>B@C4=8G02H89 A Barclays 2 A>740=88 =>2KE AB@C:BC@ :>=B@>;O @5?CB0F8>==>3> @8A:0, CB25@6405B, GB> 4> Barclays 5I5 =8 >4=0 >@30=870F8O =0 AB>;L 2KA>:>< C@>2=5 =5 @5H0;0 ?@>1;5<K C?@02;5=8O @8A:><, A2O70==K< A 55 4>1@K< 8<5=5<. 5<0;> ?>AB@0402 >B A:0=40;>2, 2>7=8:02H8E 2 A2O78 A ?@54>AB02;5=85< :;85=B0< =54>AB0B>G=> :0G5AB25==KE D8=0=A>2KE ?@>4C:B>2, Barclays =0CG8;AO 2KA>:> F5=8BL ?;>4K E>@>H59 @5?CB0F88 8 >AB5@530BLAO ?;>E8E ?>A;54AB289.  B5?5@L 53> ?@54AB028B5;8 ?>;=K @5H8<>AB8 A>25@H8BL =0AB>OI89 ?@>@K2 2 AD5@5 C?@02;5=8O @8A:><, A2O70==K< A @5?CB0F859, GB>1K 8<5BL 2>7<>6=>ABL =081>;55 MDD5:B82=> 8 1KAB@> A?@02;OBLAO A ?>A;54AB28O<8 :>;510=89 ?>78F89 A2>53> 1@5=40, 0 B0:65 ?@54>B2@0I0BL ;N1K5 ?@>1;5<K, A2O70==K5 A 70I8B>9 45;>2>3> 8<5=8 Barclays. @54AB028B5;8 10=:0 >B<5G0NB, GB> A>740=85 =>2>9 >@30=870F8>==>9 AB@C:BC@K AB0;> =5 @50:F859 =0 =5402=85 =5C40G8 Barclays, 0, A:>@55, @57C;LB0B>< 4>;3>3> 8 BI0B5;L=>3> 87CG5=8O @8A:>2 8 >B25BAB25==>AB8, A :>B>@K<8 AB0;:8205BAO 10=: 2 A2>59 45OB5;L=>AB8. Barclays, ?@54AB02;5==K9 2 60 AB@0=0E, ?>=8<0O, GB> 4>AB865=85 ;845@AB20 =0 D8=0=A>2>< @K=:5 =5@07@K2=> A2O70=> A @5?CB0F859 53> 1@5=40, ?@>AB> =5 <>3 >1>9B8 2>?@>A G5B:>3> 8 MDD5:B82=>3> C?@02;5=8O @8A:><, A>>B=>A8<K< A 45;>2K< 8<5=5<. >MB><C A>740==K9 @8A>< 5=4@0<>< :><8B5B 4>;65= ?@>25@8BL 2A5 284K 45OB5;L=>AB8 10=:0 =0 A>>B25BAB285 AB0=40@B0< C?@02;5=8O @8A:>< 2 A>F80;L=>< 8 MB8G5A:>< ?;0=0E, 0 B0:65 2 AD5@5 70I8BK >:@C60NI59 A@54K. @><5 2A53> ?@>G53>, Barclays ?>445@68205B =>2K5 AB0=40@BK  ?> ?@020< G5;>25:0, AG8B0O, GB>, E>BO ?>4>1=0O ?>;8B8:0 8 B@51C5B :@0B:>2@5<5==KE 70B@0B, >=0 2?>;=5 >:C?8BAO, ?CABL 8 70 4>;389 A@>:, 1;03>40@O C;CGH5=8N >B=>H5=89 A 0:F8>=5@0<8, D>@<8@>20=8N 1>;55 A>7=0B5;L=>3> ?5@A>=0;0 8 A>740=8N ?@>G=>9 @5?CB0F88 2K3>4=>3> ?0@B=5@0. ?@>G5<, =5 B>;L:> Barclays >1J548=O5B 2>?@>AK @5?CB0F88 8 A>F80;L=>9 >B25BAB25==>AB8. "0:, M=5@35B8G5A:0O 3@C??0 Scottish Power, 0:B82=> 459AB2CNI0O 2 5;8:>1@8B0=88 8 !(, 2 A5=BO1@5 ?@>H;>3> 3>40 2:;NG8;0 2708<>C2O70==K5 2>?@>AK A>F80;L=>9 >B25BAB25==>AB8 8 @5?CB0F88 2 AB@0B538N A2>53> @0728B8O. "0@0=55 CG8BK20O B0:85 ?@>1;5<K, <K =5 B>;L:> 8715305< :0B0AB@>D 2 G0AB8 70I8BK G5AB8 10=:0,  CB25@6405B ><8=8: $@09, @C:>2>48B5;L >B45;0 :>@?>@0B82=KE A2O759 2 Scottish Power,  => B0:65 8<55< 4>?>;=8B5;L=CN 2>7<>6=>ABL ?@82;5:0BL =>2KE :;85=B>2 8 @072820BL @K=>: 2>7>1=>2;O5<KE 8AB>G=8:>2 M=5@388".  MB>B ?@8<5@ =5 548=AB25==K9. 4=0:> ?>:0 ;8HL Barclays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http://www.globalteka.ru" www.globalteka.ru 2B>@A:>5 2K?>;=5=85 =0CG=KE @01>B ;N1>9 A;>6=>AB8  3@0<>B=> 8 2 A@>: CCCCCCD.E0E2E4E6E$a$gd# $dha$gd#gd# tDvDxD~DDDDDDDD,E0E6Eͼ͠h2Ah#%hz h#B* CJaJmH"phI}sH"hz h#B* CJaJphI}hz h#0JCJaJ hz h#0JCJaJmH sH .jhz h#B* CJUaJmH phI}sH 4jGhz h#B* CJUaJmH phI}sH  ,1h. A!"R#n$n% DyK yK 4http://www.globalteka.ru/Dd$V  3 C"$((DyK yK 4http://www.globalteka.ru/^ 666666666vvvvvvvvv666666>6666666666666666666666666666666666666666666666666hH6666666666666666666666666666666666666666666666666666666666666666662 0@P`p2( 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p8XV~_HmHnHsHtHB`B 1KG=K9CJ_HaJmHsHtHh@"h  03>;>2>: 2dd@&[$\$#5B*CJOJQJ\^JaJphBA`B A=>2=>9 H@8DB 0170F0\i\ 01KG=0O B01;8F0 :V 44 la .k . 0 5B A?8A:0 L@L #05@E=89 :>;>=B8BC;  E$N/N #05@E=89 :>;>=B8BC; =0:CJaJJ J #086=89 :>;>=B8BC;  E$Lo!L #086=89 :>;>=B8BC; =0:CJaJJ2J #0 "5:AB 2K=>A:8CJOJQJ^JaJP/AP #0"5:AB 2K=>A:8 =0:CJOJQJ^JaJ:U`Q: #0 8?5@AAK;:0 >*B*phPK![Content_Types].xmlj0Eжr(΢Iw},-j4 wP-t#bΙ{UTU^hd}㨫)*1P' ^W0)T9<l#$yi};~@(Hu* Dנz/0ǰ $ X3aZ,D0j~3߶b~i>3\`?/[G\!-Rk.sԻ..a濭?PK!֧6 _rels/.relsj0 }Q%v/C/}(h"O = C?hv=Ʌ%[xp{۵_Pѣ<1H0ORBdJE4b$q_6LR7`0̞O,En7Lib/SeеPK!kytheme/theme/themeManager.xml M @}w7c(EbˮCAǠҟ7՛K Y, e.|,H,lxɴIsQ}#Ր ֵ+!,^$j=GW)E+& 8PK!Ƶtheme/theme/theme1.xmlYnE#;8U i-qN3'JH DA\8 R>CW]{'ސ{g?x݈]"$q+_,y>8{7 K }xLވHe 2{Rܜaˋ??<ߟdžSr$L].<İT̟72S"ѵ_JwL&BJ05kZVyVy|xC OO|x>+<>@(:??/>5{yxFDdm 3^q5'=q6nib-$RB}}YGq=xK@;)^qbha79g . pUʹ;bbmc[$c'a}5KKfH5HL!ݦ&|mK{N6M6hq v|y 58+zH  *~ HHy\K*t@G>{sA}"))y sGfۡqǾ'w E1 [8>ܤ4Aбt׎~ls14_>,Ȭ7TT GqME=w-i>mo[oiBszbP:j5if F 9Pɉ* k\ A ;!N`.{I SցD p3˅5veU}AbvyA/g 氚 Z N+lR~aeԩj9&&CLgMʼn7a A0ƀHEA3~{q q1vƨl効9)>൜fN1N FIrdq8Y^:_73.|3 f%Jش?MOY s 3;} Rc0`d[鯠$ÿ - έhǴ"P 6T{TUٴ+9E28Y*MOt0O9Bݍqg7Ŕ9O)z?7#]u rBIHAאTpl>՟,SpT4@~BA%}'0+{eRF&rĪ#uu\{BHuM6`pG}N+!'_oN콶3a3dXZzCyCUɪ嶂ZZZ۱f,fAg-@`g v6V?Dhf6t=M&ʺ6ײ'݉#֚>d8s9xN=ڮjAv11;u2%M2oN1uo%տPK! ѐ'theme/theme/_rels/themeManager.xml.relsM 0wooӺ&݈Э5 6?$Q ,.aic21h:qm@RN;d`o7gK(M&$R(.1r'JЊT8V"AȻHu}|$b{P8g/]QAsم(#L[PK-![Content_Types].xmlPK-!֧6 +_rels/.relsPK-!kytheme/theme/themeManager.xmlPK-!Ƶtheme/theme/theme1.xmlPK-! ѐ' theme/theme/_rels/themeManager.xml.relsPK]  J d tD6E$C6E#);X8`rX8@0(  B S  ? _Hlt197796439 _Hlt197796440@@.89;VgRZswxQY! ) 0 8   @ H M U Y^$ #+/78=T[\`IQ@@BBCCEFHIKLU*;o @@BBCCEFHIKL3e~R\@@BBCCEFHIKL2A#@B@e hh*UnknownG* Times New Roman5Symbol3. * Arial5. *aTahomaA BCambria Math"1hs4&1V /V /!n0332QHX $P#2!xx>1@>5 8<O 7=0G8B =5<0;>User025;Oh+'0  < H T`hpx UserNormal2Microsoft Office Word@@a-A@oV՜.+,D՜.+,H hp|  / 3    8@ _PID_HLINKSA Dhttp://www.globalteka.ru/Dhttp://www.globalteka.ru/  !"#$%'()*+,-/0123456789:;<=>@ABCDEFHIJKLMNQRoot Entry FSData &1Table.f WordDocument.JSummaryInformation(?DocumentSummaryInformation8GCompObjy  F' Microsoft Office Word 97-2003 MSWordDocWord.Document.89q