аЯрЁБс>ўџ ОРўџџџМНџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџьЅСq`јПH,bjbjqPqP.0::­ПџџџџџџЄаааааааоdF F F 8~ ’ B\ЖЊ Р ж ж ж Б >я  Ябббббб$hzBѕ!а Б Б   ѕааж ж лggg 0аж аж Яg Яggааgж ž РяюьBаШF ? gЋ$,0\gМGМgМаgD  g     ѕѕW   \    BBBF BBBF ф4Ткааааааџџџџ  HYPERLINK "http://www.globalteka.ru" www.globalteka.ruЎ 0:070BL 48?;><, :C@A>2CN, 48AA5@B0F8N >AC40@AB25==K9 1N465B 2A5340 O2;O;AO >A=>2=K< 8AB>G=8:>< D8=0=A8@>20=8O 68;8I=>3> AB@>8B5;LAB20, 4>?>;=O5<K< ;8HL =57=0G8B5;L=K<8 2;>65=8O<8 A> AB>@>=K ?@54?@8OB89, GB> 2K@078;>AL 2 ?@0:B8G5A:>< >BACBAB288 2 >AA88 (2 =0G0;5 M:>=><8G5A:8E @5D>@<) <5E0=87<>2 A0<>AB>OB5;L=>3> CG0AB8O =0A5;5=8O 2 @5H5=88 68;8I=KE ?@>1;5<. @548B>20=85 >ACI5AB2;O;>AL B>;L:> 2 AD5@5 AB@>8B5;LAB20 =>2>3> 68;LO 8=48284C0;L=K<8 70AB@>9I8:0<8 8;8 68;8I=K<8 :>>?5@0B820<8, => =5 ?@8 ?>:C?:5 3>B>2>3> 68;LO.  @57C;LB0B5 @57:>3> A>:@0I5=8O D8=0=A8@>20=8O 68;LO A> AB>@>=K 3>AC40@AB20, =87:>3> ?;0B565A?>A>1=>3> A?@>A0 =0 68;L5 A> AB>@>=K =0A5;5=8O, 0 B0:65 >BACBAB28O :@548B=KE <5E0=87<>2 AB@>8B5;LAB20 8 ?@8>1@5B5=8O 68;LO, >1J5<K 68;8I=>3> AB@>8B5;LAB20 @57:> A>:@0B8;8AL, GB> ?@825;> : 70<5B=><C CEC4H5=8N ?>;>65=8O 2 AB@>8B5;L=>< A5:B>@5, C1KB>G=>AB8 <=>38E AB@>8B5;L=KE ?@54?@8OB89. K=>: 68;LO >:070;AO =5 >15A?5G5= A>>B25BAB2CNI8<8 :@548B=>-D8=0=A>2K<8 <5E0=87<0<8, :>B>@K5 ?>445@60;8 1K ?;0B565A?>A>1=K9 A?@>A =0A5;5=8O 8 A45;0;8 1K 2>7<>6=K< ?@8>1@5B5=85 68;LO =0A5;5=85< 2 <0AA>2>< ?>@O4:5. A;8 @0=LH5 ?@0:B8G5A:8 548=AB25==>9 2>7<>6=>ABLN C;CGH8BL 68;8I=K5 CA;>28O 1K;> ?>;CG5=85 3>AC40@AB25==>3> 68;LO, B> A53>4=O MB0 ?@>1;5<0 2 >A=>2=>< @5H05BAO =0A5;5=85< G5@57 ?@8>1@5B5=85 8;8 AB@>8B5;LAB2> 68;LO 70 AG5B A>1AB25==KE A15@565=89 157 :@548B>2 8 @0AA@>G5:. A=>2=0O 65 G0ABL =0A5;5=8O >:070;0AL =5 2 A>AB>O=88 C;CGH0BL A2>8 68;8I=K5 CA;>28O 87-70 >BACBAB28O =5>1E>48<KE A15@565=89 8 2>7<>6=>AB8 8E =0:>?;5=8O. 4=8< 87 ?CB59 @5H5=8O MB>9 ?@>1;5<K O2;O5BAO 8?>B5G=>5 68;8I=>5 :@548B>20=85. C4CG8 >15A?5G5=> @50;L=>9 A>1AB25==>ABLN 3@0640= =0 =542868<>ABL, >=> <>3;> 1K 40BL ?@8B>: 45=56=KE A@54AB2 =0 @K=>: 68;LO, >6828BL AB@>8B5;LAB2> 8 A>?@O65==K5 A =8< A5:B>@K ?@><KH;5==>AB8, A>E@0=8BL 8 @0AH8@8BL @01>G85 <5AB0, ?>2KA8BL 4>E>4K =0A5;5=8O 8 1N465B>2 2A5E C@>2=59. >MB><C =5>1E>48<> 8A?>;L7>20BL B5 @50;L=K5 CA;>28O 8 2>7<>6=>AB8, :>B>@K<8 @0A?>;030NB A53>4=O @538>=K, GB>1K A>740BL =5>1E>48<K5 >@30=870F8>==K5, ?@02>2K5 8 D8=0=A>2K5 ?@54?>AK;:8 4;O ?>4J5<0 <0AA>2>3> AB@>8B5;LAB20 68;LO A 8A?>;L7>20=85< @K=>G=KE 8 3>AC40@AB25==KE (<C=8F8?0;L=KE) <5E0=87<>2 @53C;8@>20=8O ?@>F5AA>2 2 MB>< A>F80;L=> 206=>< A5:B>@5 M:>=><8:8. !CBL 4>;3>A@>G=>3> 8?>B5G=>3> 68;8I=>3> :@548B>20=8O A2>48BAO : A>740=8N @K=>G=>9 A8AB5<K 8?>B5G=KE :@548B>2 3@0640=0< =0 F5;8 ?@8>1@5B5=8O 3>B>2>3> 68;LO :0: =0 ?5@28G=>< (2=>2L ?>AB@>5==>5 68;L5, ?@>40205<>5 70AB@>9I8:0<8), B0: 8 =0 2B>@8G=>< (C65 8<5NI55AO 2 G0AB=>9 A>1AB25==>AB8 68;L5) @K=:0E 68;LO.  1>;LH8=AB25 AB@0= <8@0 ?@8>1@5B5=85 68;LO 2 :@548B O2;O5BAO =5 B>;L:> >A=>2=>9 D>@<>9 @5H5=8O 68;8I=>9 ?@>1;5<K, => 8 AD5@>9 M:>=><8G5A:>9 45OB5;L=>AB8, :;NG52CN @>;L 2 :>B>@>9 83@0NB 10=:>2A:85 8 4@C385 :@548B=K5 AB@C:BC@K. >AC40@AB2> 65 2K?>;=O5B 2A?><>30B5;L=CN DC=:F8N G5@57 CAB0=>2;5=85 >1I8E ?@028;, >15A?5G820NI8E MDD5:B82=>ABL 2708<>459AB28O 2A5E CG0AB=8:>2 ?@>F5AA0 68;8I=>3> :@548B>20=8O, 0 B0:65 ?@8 =5>1E>48<>AB8 ?@O<K< 8;8 :>A25==K< >1@07>< 8A?>;L7C5B 1N465B=K5 A@54AB20 4;O ?@82;5G5=8O 4>?>;=8B5;L=KE G0AB=KE 8=25AB8F89 2 68;8I=CN AD5@C 8 >:070=8O A>459AB28O 3@0640=0< 2 ?@8>1@5B5=88 68;LO.  >AA88 3>AC40@AB25==0O ?>445@6:0 3@0640=, =5 @0A?>;030NI8E 4>AB0B>G=K<8 4>E>40<8 4;O ?>;CG5=8O 8?>B5G=KE :@548B>2 =0 AB0=40@B=KE 10=:>2A:8E CA;>28OE, <>65B 1KBL >@30=87>20=0 G5@57 A8AB5<C ?@54>AB02;5=8O 1572>7<574=KE AC1A8489 4;O >?;0BK ?5@2>3> 27=>A0 ?@8 ?>;CG5=88 8?>B5G=>3> :@548B0 8 A>:@0I5=8O B5< A0<K< =5>1E>48<>3> @07<5@0 :@548B0. "0:0O A8AB5<0 A>D8=0=A8@>20=8O ?@8>1@5B5=8O 68;LO 3@0640=0<8 A ?><>ILN 3>AC40@AB20, ?@8 :>B>@>9 =0 4>;N A>1AB25==KE A@54AB2 3@0640= 2 AB>8<>AB8 :20@B8@K ?@8E>48;>AL 1K 30%, =0 4>;N 3>AC40@AB25==>9 AC1A8488 2 A@54=5<  20 50% 8 =0 8?>B5G=K9 :@548B  20 50%, ?>2KA8B 4>ABC?=>ABL 8?>B5G=KE :@548B>2 4;O 3@0640= 8 1C45B AB8<C;8@>20BL ?;0B565A?>A>1=K9 A?@>A =0 68;L5. ;O >?;0BK ?5@2>=0G0;L=>3> 27=>A0 ?@8 8?>B5G=>< :@548B>20=88 <>3CB 1KBL 8A?>;L7>20=K 45=56=K5 A15@565=8O 705<I8:0 8;8 A@54AB20, ?>;CG5==K5 >B ?@>4068 C65 8<5NI53>AO C =53> 2 A>1AB25==>AB8 68;LO. ?>B5G=>5 :@548B>20=85 ?@54AB02;O5B @50;L=CN 0;LB5@=0B82C ?@81K;L=>3> 2;>65=8O A@54AB2. <5AB5 A B5< AB@C:BC@0 ?@82;5:05<KE 10=:0<8 A@54AB2 A>E@0=O5B 2K@065==K9 :@0B:>A@>G=K9 E0@0:B5@.  5A;8 2 F5;>< 2 ?>A;54=55 2@5<O =01;N405BAO A=865=85 C@>2=O ?@>F5=B=KE AB02>: ?> ?@82;5:05<K< @5AC@A0<, B> >F5=8BL AB>8<>ABL 4>;3>A@>G=KE @5AC@A>2 (=0 5 10 ;5B), =5>1E>48<KE 4;O D8=0=A8@>20=8O 4>;3>A@>G=KE 8?>B5G=KE :@548B>2, :@09=5 A;>6=> 2284C 8E ?@0:B8G5A:>3> >BACBAB28O. <5==> =54>AB0B>: 4>;3>A@>G=KE A@54AB2 ?@8 871KB:5 :@0B:>A@>G=KE O2;O5BAO 3;02=>9 D8=0=A>2>9 ?@8G8=>9 =87:>9 0:B82=>AB8 10=:>2 2 >1;0AB8 68;8I=>3> :@548B>20=8O. !>2@5<5==0O 3>AC40@AB25==0O 68;8I=0O ?>;8B8:0 4>;6=0 =0@O4C A ?@56=59 >@85=B0F859 =0 =C64K A>F80;L=> =570I8I5==KE 3@C?? =0A5;5=8O A45;0BL =>2K9 0:F5=B =0 @5H5=88 68;8I=KE ?@>1;5< >A=>2=>9 G0AB8 @01>B0NI53> =0A5;5=8O, @0A?>;030NI53> A@54=8<8 4>E>40<8, =0:>?;5=8O<8 8 8<5NI8<8 68;L5 2 A>1AB25==>AB8 2 @57C;LB0B5 15A?;0B=>9 ?@820B870F88. A=>2=K< A?>A>1>< @5H5=8O 68;8I=>9 ?@>1;5<K 4;O MB>9 G0AB8 =0A5;5=8O O2;O5BAO 4>;3>A@>G=>5 8?>B5G=>5 68;8I=>5 :@548B>20=85. #G8BK20O :><?;5:A=>ABL ?@>1;5<K @0728B8O 8?>B5G=>3> 68;8I=>3> :@548B>20=8O, 4;O 55 @5H5=8O B@51C5BAO A8AB5<=K9 ?>4E>4. @8G5< <0AHB01 ?@>1;5<K, 55 7=0G8<>ABL 4;O A>F80;L=>-M:>=><8G5A:>3> @0728B8O >AA88, =0 =0H 273;O4, B@51CNB <0:A8<0;L=> 1KAB@KE 459AB289 D545@0;L=>3> F5=B@0, AC1J5:B>2 >AA89A:>9 $545@0F88 8 <5AB=KE >@30=>2 A0<>C?@02;5=8O, 0 B0:65 @C:>2>4AB20 :><<5@G5A:8E 10=:>2 8 ?@54?@8=8<0B5;59. 4=>9 87 206=59H8E ?@>1;5< ?@8 >@30=870F88 A8AB5<K 8?>B5G=>3> :@548B>20=8O O2;O5BAO <>18;870F8O =5>1E>48<KE 4;O MB>3> @5AC@A>2.  <8@>2>9 ?@0:B8:5 ?@>1;5<0 ?@82;5G5=8O 10=:0<8 A@54AB2 4;O 4>;3>A@>G=KE 8?>B5G=KE :@548B>2 @5H05BAO 2 >A=>2=>< 2 @0<:0E 42CE >A=>2=KE <>45;59: 45?>78B0@=>9 <>45;8 8=AB8BCB0 (?@82;5G5==K5 A@54AB20 :;85=B>2 ?><5I0NBAO =0 @0AG5B=K5 AG5B0 8 45?>78BK) 8 <>45;8 8?>B5G=>3> 10=:0 (?@>4060 4>;3>2KE 8 705<=KE >1O70B5;LAB2 =0 2B>@8G=>< @K=:5 G0AB=K< 8=25AB>@0<). 10 8AB>G=8:0 <>18;870F88 @5AC@A>2 <>3CB 1KBL 8A?>;L7>20=K 2 @0<:0E >4=>3> :@548B=>3> 8=AB8BCB0, >B;8G0OAL ?> A?>A>1C ?@82;5G5=8O 8 A@>:0< A>3;0A>20=8O A 0:B82=K<8 >?5@0F8O<8 ?> 4>;3>A@>G=><C :@548B>20=8N.  @07;8G=KE AB@0=0E MB8 425 <>45;8 ?@520;8@CNB 2 @07;8G=>9 AB5?5=8. =>3>>1@0785 <5E0=87<>2 <>18;870F88 :@548B=KE @5AC@A>2 A2O70=>, 2>-?5@2KE, A> A?5F8D8:>9 ?>AB@>5=8O D8=0=A>2>-:@548B=KE A8AB5< @07;8G=KE AB@0= 8, 2>-2B>@KE, >1CA;>2;5=> >A>15==>ABO<8 N@848G5A:>9 107K, >?@545;ONI59 2>7<>6=>AB8 :@548B=KE 8=AB8BCB>2 ?> ?@>2545=8N 8?>B5G=KE >?5@0F89, 0 B0:65 CA;>28O<8 DC=:F8>=8@>20=8O AC1J5:B>2 A8AB5<K 8?>B5G=>3> :@548B>20=8O =0 @K=:0E =542868<>AB8 8 F5==KE 1C<03. 5>1E>48<> ?>4G5@:=CBL, GB> MDD5:B82=>ABL DC=:F8>=8@>20=8O <5E0=87<>2 D>@<8@>20=8O @5AC@A=>9 107K 8?>B5G=>3> :@548B>20=8O 4>AB8305BAO B>;L:> ?@8 =0;8G88 A>>B25BAB2CNI8E M:>=><8G5A:8E 8 ?@02>2KE CA;>289.  =0AB>OI55 2@5<O =0 @07;8G=KE C@>2=OE @0AA<0B@8205BAO 2>7<>6=>ABL 2>A?@8OB8O 0<5@8:0=A:>9 <>45;8 2B>@8G=>3> @K=:0 8?>B5G=>3> :@548B>20=8O. -B0 <>45;L ?>AB@>5=0 :0: 42CEC@>2=520O A8AB5<0: ?@020 B@51>20=8O ?> :@548B0< ?5@5CABC?0NBAO A?5F80;878@>20==><C 35=BAB2C, :>B>@>5, 2 A2>N >G5@54L, ?@82;5:05B A@54AB20 8=25AB>@>2 ?CB5< @07<5I5=8O F5==KE 1C<03. > ?>2>4C C:070==>9 <>45;8 =5>1E>48<> 70<5B8BL, GB> ?@8 2A5E ?>;>68B5;L=KE :0G5AB20E MB0 <>45;L @0AAG8B0=0 =0 0=3;>-0<5@8:0=A:CN A8AB5<C ?@020 8 <>65B 8A?>;L7>20BLAO ?@8 >@30=870F88 @>AA89A:>3> 2B>@8G=>3> @K=:0 8?>B5G=>3> :@548B>20=8O B>;L:> G0AB8G=>, A >?@545;5==K<8 >3@0=8G5=8O<8 8 87<5=5=8O<8, 0 B0:65 ?@8 CA;>288 4>?>;=8B5;L=>9 70I8BK ?@02 8=25AB>@>2 8 705<I8:>2. !8AB5<0 2B>@8G=>3> @K=:0 8?>B5G=>3> :@548B>20=8O 2 !( 2 A8;C >A>15==>AB59 A8AB5<K ?@020 @53C;8@C5BAO =5 B>;L:> 70:>=0<8, => 8 >1H8@=59H59 AC451=>9 ?@0:B8:>9, 2>A?>;=ONI59 ?@>15;K 70:>=>40B5;LAB20. -B>3> 2 CA;>28OE :>=B8=5=B0;L=>9 ?@02>2>9 A8AB5<K 4>AB8GL =52>7<>6=>. >MB><C ?@8 2K@01>B:5 <>45;8 2B>@8G=>3> 8?>B5G=>3> @K=:0 >AA88 8 @07@01>B:5 A>>B25BAB2CNI8E <5E0=87<>2 53> DC=:F8>=8@>20=8O >A>1> BI0B5;L=> A;54C5B ?>418@0BL ?@02>2K5 :>=AB@C:F88. 0 =0H 273;O4, 4;O >AA88 1>;55 ?@85<;5<0 <>45;L ?>AB@>5=8O 2B>@8G=>3> 8?>B5G=>3> @K=:0 5@<0=88. =0 ?>AB@>5=0 :0: >4=>C@>2=520O A8AB5<0, 345 @5D8=0=A8@>20=85 >ACI5AB2;O5BAO =5?>A@54AB25==> 70 AG5B 2K?CA:0 8?>B5G=K< 10=:>< 70:;04=KE ;8AB>2. -B8 F5==K5 1C<038 >G5=L E>@>H> >15A?5G5=K 8 >1;040NB 2KAH59 AB5?5=LN =0456=>AB8. 5A<>B@O =0 ?@>1;5<K, ?@>3@5AA 2 @0728B88 68;8I=>3> :@548B>20=8O 2 >?@545;5==>9 AB5?5=8 4>AB83=CB. =B5@5A 10=:>2 : MB8< >?5@0F8O< >?@545;O5BAO @50;L=K< ?;0B565A?>A>1=K< A?@>A>< =0 4>;3>A@>G=K5 68;8I=K5 AAC4K, ?@542845=85< >3@><=>3> @K=:0 4;O 8?>B5G=KE :@548B>2. =0;87 <0B5@80;>2 ?> 70@C156=K< 8?>B5G=K< @K=:0< A2845B5;LAB2C5B, GB> 8E MDD5:B82=>5 @0728B85 =52>7<>6=> 157 0:B82=>9 ?>445@6:8 3>AC40@AB20 2 2845 =0;>3>2KE ;L3>B 8 AC1A8489, A>740=8O A?5F80;878@>20==KE 8?>B5G=KE D>=4>2, 0AA>F80F89, AB@0E>2KE, >F5=>G=KE 8 @85;B>@A:8E :><?0=89 8, A0<>5 3;02=>5, 157 A>>B25BAB2CNI59 D545@0;L=>9 70:>=>40B5;L=>9 107K 8 =>@<0B82=>-?@02>2>3> >15A?5G5=8O. <5==> C25;8G5=85 >1J5<>2 68;8I=>3> AB@>8B5;LAB20 O2;O;>AL >4=8< 87 >A=>2=KE D0:B>@>2 ?>4=OB8O M:>=><8:8, @5H5=8O ?@>1;5<K 70=OB>AB8. !8AB5<0 8?>B5:8 ?>4@07C<5205B M:>=><8G5A:CN 8 N@848G5A:CN ?>4A8AB5<K (A>AB02;ONI85). 5A<>B@O =0 55 8=B5@=0F8>=0;L=K9 E0@0:B5@, 8?>B5:0 2 @07=KE AB@0=0E 8<55B A2>5 <5AB> 8 A<KA;. >MB><C 2 :064>9 AB@0=5 459AB2C5B A2>5 A?5F8D8G5A:>5 70:>=>40B5;LAB2> ?> @53C;8@>20=8N >B=>H5=89 2 40==>9 AD5@5. 07;8G8O 2> <=>3>< 7028AOB >B A>AB>O=8O, @0728B>AB8 8 >A>15==>AB59 75<5;L=>3> 70:>=>40B5;LAB20. ;O @0728B8O 8?>B5G=>3> :@548B>20=8O 2 =0H59 AB@0=5 <>6=> 2K45;8BL A;54CNI85 1;03>?@8OB=K5 D0:B>@K: 0) 4;O =0A5;5=8O: @073>AC40@AB2;5=85 68;8I=>3> D>=40 (4>;O 3>AC40@AB25==>9 A>1AB25==>AB8 A>AB02;O5B >:>;> 8%) 8 A>A@54>B>G5=85 4><>2;045=89 2 ;8G=>9 A>1AB25==>AB8 (>:>;> 46%), GB> ?>72>;O5B 3@0640=0< 8A?>;L7>20BL 4>E>4K >B ?@>4068 8<5NI53>AO 68;LO 4;O >?;0BK 27=>A>2 70 2=>2L ?@8>1@5B5==>5 68;L5; 2>7=8:=>25=85 A@54=53> :;0AA0 (>:>;> 16% =0A5;5=8O), B. 5. A;>O =0A5;5=8O, 8<5NI53> 2KA>:CN :@548B>A?>A>1=>ABL 8 4>AB0B>G=K5 4>E>4K 4;O >1A;C6820=8O 8 2>72@0B0 8?>B5G=KE :@548B>2; 87<5=5=85 AB@C:BC@K A?@>A0 =0A5;5=8O =0 68;L5, >1CA;>2;5==>5 =5 B>;L:> B@51>20=8O<8 : @07<5@C 68;>9 ?;>I048, 0 2A5 1>;LH8<8 B@51>20=8O<8 : ?;0=8@>2:5 8 :0G5AB2C 68;LO, B8?C 8 <5AB>?>;>65=8N 740=8O, A>F80;L=><C ?>;>65=8N A>A5459; ?>2KH5=85 ?>4286=>AB8 =0A5;5=8O 2 ?@545;0E B5@@8B>@88 AB@0=K; @>AB ?>=8<0=8O 7=0G8<>AB8 =542868<>AB8 :0: >1J5:B0 2;>65=8O A15@565=89, 206=>3> CA;>28O AB018;L=>AB8 687=8 8 >15A?5G5=8O AB0@>AB8; 1) 4;O ?@54?@8=8<0B5;59: @073>AC40@AB2;5=85 AB@>8B5;L=>3> :><?;5:A0 8 >1>AB@5=85 :>=:C@5=F88, 2 B>< G8A;5 A> AB>@>=K 8=>AB@0==KE ?>4@O4G8:>2; >AB@0O 708=B5@5A>20==>ABL 2 ?@5>4>;5=88 A?040 2 M:>=><8:5 8 C25;8G5=88 >1J5<>2 68;8I=>3> AB@>8B5;LAB20; AB@5<;5=85 : <>45@=870F88 ?@54?@8OB89 AB@>98=4CAB@88 8 C;CGH5=8N B5E=>;>389 AB@>8B5;LAB20 4;O >15A?5G5=8O 2>7@>AH8E ?>B@51=>AB59 ?>:C?0B5;59 68;LO 8 C:@5?;5=8O :>=:C@5=B>A?>A>1=>AB8 2 A>?5@=8G5AB25 A 8=>AB@0==K<8 ?>4@O4G8:0<8 8 ?>AB02I8:0<8; ?>=8<0=85 =5>1E>48<>AB8 C45H52;5=8O AB@>8B5;LAB20 ?@8 >B=>A8B5;L=>< @>AB5 :0G5AB20 4;O ?>2KH5=8O 4>ABC?=>AB8 68;LO 8 @0AH8@5=8O <0AHB01>2 68;8I=>3> AB@>8B5;LAB20; 2>7=8:=>25=85 A5B8 =>2KE ?@54?@8=8<0B5;LA:8E AB@C:BC@, >1A;C6820NI8E @K=>: 68;LO (@85;B>@K, >F5=I8:8, @538AB@0B>@K 8 4@.), 708=B5@5A>20==KE 2 C25;8G5=88 ?>:C?>: =0A5;5=85< 68;LO =0 >A=>25 8?>B5G=>3> :@548B>20=8O; 2) 4;O 10=:>2 8 D8=0=A>2KE 8=25AB>@>2: C:@5?;5=85 70:>=>40B5;L=>9 8 =>@<0B82=>9 107K 8?>B5G=>3> :@548B>20=8O; 2K?>;=5=85 254CI8<8 10=:0<8 ?@>1=KE (?8;>B=KE) ?@>5:B>2 8?>B5G=>3> :@548B>20=8O 8 >1CG5=8O A?5F80;8AB>2 8?>B5G=><C 45;C; AB8<C;8@>20=85 A> AB>@>=K 3>AC40@AB20 D8=0=A8@>20=8O @50;L=>3> A5:B>@0 M:>=><8:8 8 8=25AB8F8>==KE ?>B@51=>AB59 =0A5;5=8O; 0:B82870F8O 3>AC40@AB25==KE 8 <5AB=KE >@30=>2 2;0AB8 2 ?>445@6:5 ?@>5:B>2 8?>B5G=>3> :@548B>20=8O 3@0640=; A>:@0I5=85 AD5@K A?5:C;OB82=>3> 2;>65=8O :0?8B0;0; >3@0=8G5==>ABL >1J5:B>2 8=25AB8@>20=8O 4;O D8=0=A>2KE 8=25AB>@>2 2 CA;>28OE =5AB018;L=>AB8 D>=4>2>3> @K=:0; ?>2KH5=85 ?@82;5:0B5;L=>AB8 8?>B5G=>3> :@548B>20=8O 8 >?5@0F89 ?> ?@82;5G5=8N A15@565=89 =0A5;5=8O 2 CA;>28OE D8=0=A>2>3> :@878A0; A>740=85 8=D@0AB@C:BC@K @K=:0 =542868<>AB8; @>AB :>=:C@5=F88; A>740=85 AB@C:BC@ 2B>@8G=>3> @K=:0 8?>B5G=KE :@548B>2 (35=BAB2> ?> 68;8I=><C 8?>B5G=><C :@548B>20=8N); 3) 4;O >@30=>2 3>AC40@AB25==>9 8 <5AB=>9 2;0AB8: ?>O2;5=85 =>2>9 2>7<>6=>AB8 @5H5=8O 68;8I=>9 ?@>1;5<K; C:@5?;5=85 8 @0AH8@5=85 A@54=53> :;0AA0, @>AB 70=OB>AB8 =0A5;5=8O 8 A2O70==>5 A MB8< ?>2KH5=85 A>F80;L=>9 AB018;L=>AB8 2 >1I5AB25; >682;5=85 45;>2>9 0:B82=>AB8 =0 @K=:5 68;LO, 2 AB@>8B5;L=>9 >B@0A;8 8 4@C38E A2O70==KE A =59 A5:B>@0E =0@>4=>3> E>7O9AB20; @>AB =0;>3>2KE ?>ABC?;5=89 8 @0AH8@5=85 D8=0=A>2>9 107K 4;O >15A?5G5=8O A>F80;L=K< 68;L5< =0A5;5=8O A =87:8< C@>2=5< 4>E>4>2; 2K?>;=5=85 3@04>AB@>8B5;L=KE ?;0=>2. !;54C5B >B<5B8BL 5I5 >48= 459AB25==K9 M:>=><8G5A:89 D0:B>@, AB8<C;8@CNI89 A> AB>@>=K 3>AC40@AB20 @0728B85 ?5@28G=>3> 8?>B5G=>3> @K=:0, MB> - =0;8G85 =0;>3>2KE ;L3>B, A2O70==KE A 8?>B5G=K< 68;8I=K< :@548B>20=85<. =8 ?>72>;ONB ACI5AB25==> C25;8G8BL 4>ABC?=>ABL 4>;3>A@>G=KE 8?>B5G=KE :@548B>2 4;O =0A5;5=8O. 4=0:> 2 =0AB>OI55 2@5<O 8?>B5G=K5 >B=>H5=8O 2 =0H59 AB@0=5 =5 ?@8>1@5;8 B>3> @07<0E0 8 B>9 7@5;>AB8, :0:8<8 8< =04;568B 1KBL, ?>MB><C 2 MB>9 A2O78 >A>15==> 0:BC0;5= 0=0;87 ?@8G8=, >:07K20NI8E A45@6820NI55 2>7459AB285 =0 8E AB0=>2;5=85 8 @0728B85. >6=> 2K45;8BL A;54CNI85 2708<>A2O70==K5 D0:B>@K, =530B82=> 2>7459AB2CNI85 =0 >B5G5AB25==K9 8?>B5G=K9 @K=>:. >-?5@2KE, =0;8G85 F5;5=0?@02;5==>9 H8@>:><0AHB01=>9 D5B8H870F88 4>AB>8=AB2 0<5@8:0=A:>9 <>45;8 8?>B5G=>3> 68;8I=>3> :@548B>20=8O. >-2B>@KE, ?0AA82=>ABL 2A5E 25B259 2;0AB8 2 A>740=88 @0728B>3> ?@02>2>3> ?>;O 2 >B=>H5=88 8?>B5G=KE >B=>H5=89, ?@5645 2A53> 2 AD5@5 8?>B5G=>3> 68;8I=>3> :@548B>20=8O 8 ?@840=88 5<C =0 MB>9 >A=>25 AB018;L=>AB8. -B@5BL8E, B0:65 =5B A:>;L:>-=81C4L 70<5B=KE ?>42865: A> AB>@>=K 2;0AB=KE AB@C:BC@ 2 D>@<8@>20=88 >A<KA;5==KE M:>=><8G5A:8E <5E0=87<>2 4;O >15A?5G5=8O CAB>9G82>9 D8=0=A>2>9 107K 8?>B5G=KE >B=>H5=89, 8AE>4O 87 8<5NI8EAO 2=CB@5==8E @5AC@A>2. 5A<>B@O =0 2A5 8<5NI85AO A;>6=>AB8 A D8=0=A0<8, 8E 2 AB@0=5 2?>;=5 4>AB0B>G=> (>4=0:> 2 1>;LH8=AB25 <5AB 8 A;CG052 =58A?>;L7C5<KE ?> >1J5:B82=K< 8 AC1J5:B82=K< >1AB>OB5;LAB20<), GB>1K C65 =0 =0G0;L=>< MB0?5 @0725@=CBL 2?>;=5 <0AHB01=>5 8 48=0<8G=>5 2>7@>645=85 =0F8>=0;L=>3> 8?>B5G=>3> @K=:0. -G5B25@BKE, @>AA89A:85 10=:8 =0 ?@>BO65=88 2A53> ?@54H5AB2CNI53> ?5@8>40 45<>=AB@8@CNB AB>9:>5 =565;0=85 2:;NG0BLAO 2 4>;3>A@>G=>5 :@548B>20=85, 2 B>< G8A;5 8 ?>4 70;>3 =542868<>AB8.  G8A;5 >A=>2=KE ?@8G8= <>6=> =0720BL A;54CNI85: >BACBAB285 :20;8D8F8@>20==KE :04@>2, ?@5645 2A53> A?>A>1=KE C?@02;OBL @8A:0<8; >BACBAB285 :0?8B0;0; G@572KG09=> =87:0O 4>E>4=>ABL, ?> <5@:0< >B5G5AB25==KE 10=:8@>2, >B 45OB5;L=>AB8 ?> 8?>B5G=><C :@548B>20=8N 8 4@. -?OBKE, AB@C:BC@K, B0: 8;8 8=0G5 70=8<0NI85AO ?@>1;5<0<8 8?>B5:8, AG8B0NB A51O, :0: ?@028;>, A0<>4>AB0B>G=K<8 8 >@85=B8@>20=K =0 8A?>;L7>20=85 B>;L:> A2>53> ?>B5=F80;0. 4=0:> >= 40;5: >B 8450;0 2 =0CG=><, <5B>48G5A:>< 8 <5B>4>;>38G5A:>< ?;0=0E. -H5ABKE, >4=8< 87 206=KE N@848G5A:8E ?@5?OBAB289 2 @0728B88 A8AB5<K 68;8I=>3> 8?>B5G=>3> :@548B>20=8O >AB05BAO A>E@0=ONI89AO 8=AB8BCB ?@>?8A:8 (@538AB@0F88). =>385 A?5F80;8ABK A:;>==K 2845BL ?@8G8=K ?@>1;5< 2>2A5 =5 2 A0<>9 8?>B5G=>9 A8AB5<5, 0 2 >1I8E M:>=><8G5A:8E ?>:070B5;OE. 8@>20O ?@0:B8:0 A2845B5;LAB2C5B, GB> 8?>B5:0 ?5@A?5:B82=0 B0<, 345 3>4>20O 8=D;OF8O =5 ?@52KH05B 6% 2 =0F8>=0;L=>9 20;NB5. > B5E ?>@, ?>:0 @07=8F0 <564C 4>E>40<8 =0A5;5=8O 8 AB>8<>ABLN =542868<>AB8 1C45B AB>;L 25;8:0, <0AA>2>ABL =5 AB0=5B 55 >B;8G8B5;L=>9 G5@B>9. =K<8 A;>20<8, A?@>A 5ABL, => =5B <0B5@80;L=>3> >15A?5G5=8O.  =0AB>OI55 2@5<O >4=8<8 87 >A=>2=KE 8AB>G=8:>2 D8=0=A8@>20=8O 68;8I=>3> AB@>8B5;LAB20 AB0=>2OBAO 10=:>2A:85 :@548BK =0A5;5=8N.  A2O78 A MB8< 206=>5 7=0G5=85 8<55B A>740=85 @07;8G=KE D>@< D8=0=A>2>-:@548B=>3> <5E0=87<0, B0:8E, :0:: 8=AB8BCBK 70;>30 =542868<>AB8, 8?>B5G=K9 :@548B, 2B>@8G=K9 @K=>: 70:;04=KE; @0AH8@5=85 ?5@5G=O 8<CI5AB20, A40205<>3> 2 70;>3; A>740=85 @0725B2;5==>9 A5B8 AAC4>A15@530B5;L=KE :0AA 8 68;8I=>-AB@>8B5;L=KE 10=:>2; ?@54>AB02;5=85 ?@54?@8OB8O<8 :@548B>2 8 AAC4 A2>8< @01>B=8:0< ?>4 ;L3>B=K9 ?@>F5=B 8 ?>30H5=85 C65 ?>;CG5==KE 8<8 :@548B>2; ;L3>B=>5 8;8 15A?;0B=>5 ?@54>AB02;5=85 8=65=5@=> ?>43>B>2;5==KE CG0AB:>2 75<;8 ?>4 68;8I=>5 AB@>8B5;LAB2>; A>740=85 A5B8 AB@0E>2KE :><?0=89 ?> AB@0E>20=8N 4>;3>A@>G=KE AAC4. ;O 10=:>2A:>-:@548B=KE CG@5645=89 2 8?>B5G=>< :@548B>20=88 206=K ?@5645 2A53> CAB>9G82>ABL, 70:>==>ABL :@548B=KE >B=>H5=89, B25@4>5 >15A?5G5=85 ?@54>AB02;O5<KE :@548B=KE A@54AB2 8 2>7<>6=>ABL @0728B8O 2B>@8G=>3> @K=:0 F5==KE 1C<03, 0 4;O 70;>3>40B5;O 8 70;>3>45@60B5;O  30@0=B88 2K?>;=5=8O 4>3>2>@=KE >B=>H5=89. !;54C5B >B<5B8BL, GB> 70 ?>A;54=85 3>4K :>@5==K5 87<5=5=8O ?@>87>H;8 2 AB@C:BC@5 8AB>G=8:>2 D8=0=A8@>20=8O 68;8I=>3> AB@>8B5;LAB20. A=>2=K<8 8AB>G=8:0<8 D8=0=A8@>20=8O 68;8I=>3> AB@>8B5;LAB20 AB0=>2OBAO 2=51N465B=K5 A@54AB20 2 A>G5B0=88 A @07;8G=K<8 D>@<0<8 3>AC40@AB25==>9 ?>445@6:8 3@0640= 8 N@848G5A:8E ;8F, ?@8=8<0NI8E CG0AB85 2 D8=0=A8@>20=88 AB@>8B5;LAB20 68;LO. A=>2=K<8 8AB>G=8:0<8 8=25AB8@>20=8O =>2>3> 68;LO 4;O 3@0640= O2;ONBAO A;54CNI85. 1O70B5;L=K< 8AB>G=8:>< 8=25AB8@>20=8O =>2>3> 68;LO 4;O :>=:@5B=>3> 3@0640=8=0 O2;O5BAO 53> ;8G=K9 F5;52>9 2:;04. B>@K< 8AB>G=8:>< 8=25AB8F89 =0 AB@>8B5;LAB2> :20@B8@K 4;O :>=:@5B=>3> 3@0640=8=0 <>3CB 1KBL 04@5A=K5 AC1A8488 <5AB=KE >@30=>2 2;0AB8, 8;8 AC1A8488 ?@54?@8OB89, =0 :>B>@KE @01>B0NB ;>:0;L=K5 8=25AB>@K, 8;8 AC1A8488 87 2=51N465B=KE D>=4>2, D>@<8@C5<KE 35=5@0;L=K< <5=5465@>< 2 @0<:0E A8AB5<K 70 AG5B ?@82;5G5=8O : AB@>8B5;LAB2C >@30=870F89, ?@54?@8OB89 8 G0AB=KE ;8F (:><<5@G5A:8E 8=25AB>@>2). "@5BL8< ?>B5=F80;L=K< 8AB>G=8:>< 8=25AB8F89 4;O C;CGH5=8O 68;8I=KE CA;>289 3@0640= <>3CB 1KBL A@54AB20 >B DLNG5@A=>9 ?@>4068 @0=55 70=8<05<>9 A5<L59 >G5@54=8:0 :20@B8@K. '5B25@BK< 8AB>G=8:>< >?;0BK =>2>9 :20@B8@K 4;O 3@0640=, CG0AB2CNI8E 2 @50;870F88 A8AB5<K, O2;O5BAO :@0B:>A@>G=K9 705<.  B01;8F5 1 ?@82545=K ?>B5=F80;L=K5 D8=0=A>2K5 @5AC@AK 8 A?>A>1K 8E ?@82;5G5=8O 4;O >15A?5G5=8O 8?>B5G=>-68;8I=>3> :@548B>20=8O. "01;8F0 1 >B5=F80;L=K5 D8=0=A>2K5 @5AC@A"(.0DFJNPRXZnptvШЪЮ’–žЦ*Ш*Ъ*Ю*а*д*ж*к*шйЦйЦйЦйЦйЦйЋшšššшйynlnaYUYUYUh‹ Гjh‹ ГUhЋ$Мhœ­CJaJUhЋ$МhЋ$МCJaJh‹ ГCJaJh‹ ГB* CJaJphI}hz їh‹ Г0JCJaJ hz їh‹ Г0JCJaJmH sH 4jhz їh‹ ГB* CJUaJmH phI}sH %hz їh‹ ГB* CJaJmH phI}sH hz їh‹ ГB* CJaJphI}.jhz їh‹ ГB* CJUaJmH phI}sH !ЪЬЮШ*Ь*Ю*в*д*и*к*о*р*В+@,B,D,F,H,єхжжддддддддєєЬддж$a$gd‹ Г$„Хdh`„Хa$gdЋ$М$„Хdh`„Хa$gd‹ Г $dha$gd‹ ГШ*F,§§K 8 A?>A>1K 8E ?@82;5G5=8O AB>G=8:8 @5AC@A>2 84K @5AC@A>2 !?>A>1K ?@82;5G5=8O 0A5;5=85 5=56=K5 A@54AB20 0:>?8B5;L=K5 AG5B0. 8;8I=K5 >1;830F88 8 A5@B8D8:0BK @56=55 68;L5 0G5B AB>8<>AB8 ?@56=53> 68;LO @54?@8OB8O 57025@H5==>5 AB@>8B5;LAB2> A?>;L7>20=85 8<5NI53>AO Ћ=54>AB@>OЛ 4;O C45H52;5=8O AB@>8B5;LAB20 68;LO $8=0=A>2K5 @5AC@AK B>@8G=K9 @K=>: 8?>B5G=KE :@548B>2. 07<5I5=85 A@54AB2 =0 45?>78B0E 8;8 AG5B0E A =5A=8605<K< >AB0B:>< $545@0;L=K5 8 <5AB=K5 2;0AB8 57025@H5==>5 AB@>8B5;LAB2> A?>;L7>20=85 8<5NI53>AO Ћ=54>AB@>OЛ 4;O C45H52;5=8O AB@>8B5;LAB20 68;LO $8=0=A>2K5 @5AC@AK B>@8G=K9 @K=>: 8?>B5G=KE :@548B>2. 07<5I5=85 A@54AB2 =0 45?>78B0E 8;8 AG5B0E A =5A=8605<K< >AB0B:>< !C1A8488 07<5I5=85 A@54AB2 =0 45?>78B0E 8;8 AG5B0E A =5A=8605<K< >AB0B:>< !@54AB20 <5AB=KE 1N465B>2 07<5I5=85 A@54AB2 =0 45?>78B0E 8;8 AG5B0E A =5A=8605<K< >AB0B:>< $8=0=A>2K5 8=25AB>@K $8=0=A>2K5 @5AC@AK B>@8G=K9 @K=>: 8?>B5G=KE :@548B>2. 07<5I5=85 A@54AB2 =0 45?>78B0E 8;8 AG5B0E A =5A=8605<K< >AB0B:>< 0AA<0B@820O 8AB>G=8:8 D8=0=A>2KE @5AC@A>2, =5>1E>48<> CG8BK20BL, GB> >=8 =5>4=>@>4=K ?> A2>5<C A>AB02C. >MB><C ?@8 8E 0=0;875 A;54C5B 2K45;OBL 2 >A>1CN 3@C??C B5 284K @5AC@A>2, 2 :>B>@KE ?@54AB02;5=0 A>F80;L=0O A>AB02;ONI0O, ?>A:>;L:C B0:>3> @>40 D8=0=AK 87=0G0;L=> >@85=B8@>20=K =0 B>, GB>1K 8E 2;>65=85 ?@>8AE>48;> A =08<5=LH8< @8A:>< 8 ?@58<CI5AB25==> 2 A>F80;L=CN AD5@C ?>A@54AB2>< 8?>B5G=>3> 68;8I=>3> :@548B>20=8O. !>G5B0=85 @07;8G=KE 8AB>G=8:>2 8 A?>A>1>2 D8=0=A8@>20=8O ?>72>;8B >15A?5G8BL A8AB5<C 8?>B5G=>3> :@548B>20=8O 45=56=K<8 @5AC@A0<8, 0 B0:65 A45;0BL 55 A10;0=A8@>20==>9, 0 ?>B><C <5=55 @8A:>20==>9, GB> >15A?5G8B =5>1E>48<K5 30@0=B88 8=25AB8F89.  B01;8F5 2 ?@82545= 0=0;87 >A=>2=KE <>45;59 8?>B5G=>-68;8I=>3> :@548B>20=8O 8 40=0 8E A>F80;L=>-M:>=><8G5A:0O >F5=:0. "01;8F0 2 A=>2=K5 <>45;8 8?>B5G=>-68;8I=>3> :@548B>20=8O 8 8E A>F80;L=>-M:>=><8G5A:0O >F5=:0 >45;8 #G0AB=8:8 !@>:8 8A:8 $8=0=A8@>20=85 0;>3 A>15==>AB8 <>45;8 1 2 3 4 5 6 7 8 1 >;52>5 AB@>8B5;LAB2> 0AB@>9I8:, 3@0640=8= @5<O AB@>8B5;LAB20 68;>3> 4><0 0BO3820=85 AB@>8B5;LAB20, =54>AB@>9, C4>@>60=85 2 E>45 AB@>8B5;LAB20 $8=0=A8@>20=85 70 AG5B 3@0640= 0;>30 =5B, 2>7<>6=0 8?>B5:0 ?>A;5 >D>@<;5=8O 68;LO 2 A>1AB25==>ABL 3@0640=8=0 @02> A>1AB25==>AB8 >D>@<;O5BAO =0 3@0640=8=0 ?>A;5 AB@>8B5;LAB20 4><0 8 ?>;=>9 >?;0BK 68;LO, <>45;L 2K3>4=0 4;O 70AB@>9I8:0, =0H;0 H8@>:>5 ?@8<5=5=85 BACBAB285 8?>B5:8 1C4CI53> 68;LO C<5=LH05B 2>7<>6=>AB8 D8=0=A8@>20=8O AB@>8B5;LAB20 2 @>4060 68;LO 2 @0AA@>G:C 0AB@>9I8:, 3@0640=8= 0AA@>G:0 =0 1 -2 3>40 @02> A>1AB25==>AB8 =0 68;L5 2> 2@5<O @0AA@>G:8 =0E>48BAO C 70AB@>9I8:0 0AA@>G:0 =0 30 - 50% AB>8<>AB8 68;LO 0;>30 =5B @02> A>1AB25==>AB8 ?5@5E>48B : ?>:C?0B5;N ?>A;5 ?>;=>9 >?;0BK 68;LO. >45;L 2K3>4=0 4;O 70AB@>9I8:0, =>A8B ;>:0;L=K9 E0@0:B5@ 3 8;8I=K5 A15@530B5;L=K5 ?@>3@0<<K @30=870F8O, =5 8<5NI0O 10=:>2A:>9 ;8F5=788, 3@0640=8= 0:>?;5=85 >B 1 4> 3 ;5B , =0 2 -5 ;5B @0AA@>G:0 =D;OF8O, =5B 30@0=B89 A>E@0==>AB8 2:;04>2, 2A5 @8A:8, A2O70==K5 A D8=0=A8@>20=85< AB@>8B5;LAB20, @8A: =5F5;52>3> 8 =5MDD5:B82=>3> 8A?>;L7>20=8O A>1@0==KE 45=53 0:>?;5=8O 50%, @0AA@>G:0 50% 0;>30 =5B @02> A>1AB25==>AB8 ?5@5E>48B : ?>:C?0B5;N ?>A;5 ?>;=>9 >?;0BK 68;LO, <>45;L 2K3>4=0 4;O >@30=870F88, =>A8B ;>:0;L=K9 E0@0:B5@, >BACBAB2C5B 3>AC40@AB25==0O ?>445@6:0 68;8I=KE =0:>?;5=89 4 C=8F8?0;L=K5 68;8I=K5 >1;830F88 @30=K 2;0AB8 <C=8F8?0;L=>3> >1@07>20=8O, 10=:8, =0A5;5=85 !@>: >1@0I5=8O >1;830F89 4> 10 ;5B A5 @8A:8, A2O70==K5 A F5==K<8 1C<030<8 &5=0 >1;830F88 ?> A515AB>8<>AB8 AB@>8B5;LAB20 0;>30 =5B 0:>?;5=85 >?;0G5==KE <5B@>2 ?CB5< ?>:C?:8 >1;830F89, >BACBAB285 2K1>@0 :20@B8@K, <>45;L 2K3>4=0 4;O ?@>40NI8E >1;830F88, =>A8B ;>:0;L=K9 E0@0:B5@ 5 @54>AB02;5=85 ?@54?@8OB8O<8 A2>8< A>B@C4=8:0< 709<>2 =0 ?@8>1@5B5=85 68;LO @54?@8OB8O, @01>B=8:8 ?@54?@8OB8O ;8B5;L=K5 A@>:8 >B 10 - 15 ;5B 8A:8, A2O70==K5 A ?@54>AB02;5=85< 709<>2 09< - 70 - 80%, A>1AB25==K5 A@54AB20  20 - 30%, 709< 157 ?@>F5=B>2 8;8 ;L3>B=K5 ?@>F5=BK 09< <>65B 2K4020BLAO ?>4 >15A?5G5=85< 70;>30 =542868<>AB8 >45;L =>A8B ;>:0;L=K9 E0@0:B5@, 2K3>4=0 @01>B=8:0< ?@54?@8OB89 :>=G0=85 B01;8FK 2 1 2 3 4 5 6 7 8 6 !10;0=A8@>20==0O 02B>=><=0O <>45;L 0=: 8 :;85=B 10=:0 0:>?;5=8O 5 -10 ;5B, 70B5< :@548B 8A:8, A2O70==K5 A ?@54>AB02;5=85< :@548B0 0 AG5B ?@82;5G5==KE A15@565=89 1C4CI8E 705<I8:>2 @548B ?@54>AB02;O5BAO ?>4 >15A?5G5=85 70;>3>< ?@8>1@5B05<>3> 68;LO > ?@8=F8?C :0AAK 2708<>?><>I8, :@548B 2 @07<5@5, @02=>< AC<<5 A15@565=89, <><5=B ?@8>1@5B5=8O 68;LO @0ABO=CB 2> 2@5<5=8, <>45;L 2K3>4=0 10=:C, @0A?@>AB@0=5=8O 2 >AA88 =5B 7 #A5G5==>->B:@KB0O <>45;L 0=:, 705<I8: !@>:8 A CG5B>< A?5F8D8:8 :@548B=>9 A8BC0F88 8A:8, A2O70==K5 A ?@54>AB02;5=85< :@548B0 0 AG5B A@54AB2 10=:0, 2K40G0 :@548B0 8=48284C0;L=> @548B ?@54>AB02;O5BAO ?>4 >15A?5G5=85 70;>3>< ?@8>1@5B05<>3> 68;LO @>AB>B0 <>45;8, =52K3>4=0 705<I8:C 87-70 2KA>:>3> ?@>F5=B0 ?> 709<0<, @0A?@>AB@0=5=0 8 0AH8@5==>->B:@KB0O (42CEC@>2=520O) $545@0;L=>5 035=BAB2> ?> 8?>B5G=><C 68;8I=><C :@548B>20=8N, 10=:, 705<I8:, ?5@28G=K9 8 2B>@8G=K9 @K=:8 10 - 25 ;5B !<. @0745; 3.3 !@54AB20 10=:>2, D545@0;L=K5 A@54AB20 =0 ?@8>1@5B5=85 70:;04=KE, 2K40G0 :@548B0 8=48284C0;L=0 @548B ?@54>AB02;O5BAO ?>4 >15A?5G5=85 70;>3>< ?@8>1@5B05<>3> 68;LO >45;L =52K3>4=0 705<I8:C 87-70 2KA>:>3> ?@>F5=B0 ?> 709<0<, <>45;L =5 459AB2C5B 2 >AA88 9 @>4060 68;LO G5@57 =5:><<5@G5A:85 >@30=870F88 2 @0AA@>G:C =51N465B=K9 D>=4 ?>445@6:8 68;8I=>3> AB@>8B5;LAB20, 3@0640=8= 7 - 15 ;5B 8A:8 =5A5B D>=4 >;LH>9 >1J5< >1>@>B=KE A@54AB2 =0 AB@>8B5;LAB2> 4><0 8;L5 <>65B ?@>4020BLAO ?>4 >15A?5G5=85 70;>30 =542868<>AB8 $>=4 - 70AB@>9I8: 8 ?@>4025F, ?@>4060 68;LO 2 @0AA@>G:C, !0@>2A:0O <>45;L, =0H;0 @0A?@>AB@0=5=85 2 =5:>B>@KE @538>=0E, 2K3>4=0 3@0640=0< 10 ! CG0AB85< <C=8F8?0;8B5B>2 @30=K 2;0AB8 AC1J5:B>2 >AA89A:>9 $545@0F88 8 <5AB=>3> A0<>C?@02;5=8O, 2=51N465B=K5 D>=4K ?>445@6:8 68;8I=>3> AB@>8B5;LAB20, =0A5;5=85 > 20 ;5B 8A:8 =5ACB >@30=K 2;0AB8 ><18=8@>20==K5 8AB>G=8:8 - A15@565=8O 3@0640=, 10=:>2A:85 :@548BK, AC1A8488, A@54AB20 <5AB=KE 1N465B>2, :@548B 4> 70% AB>8<>AB8 68;LO, 565<5AOG=K9 ?;0B56  20 - 30% A>2>:C?=>3> <5AOG=>3> 4>E>40 A5<L8 >4 >15A?5G5=85 70;>30 =542868<>AB8 &5;L - C;CGH5=85 68;8I=KE CA;>289 3@0640=, C25;8G5=85 >1J5<>2 68;8I=>3> AB@>8B5;LAB20, ?5@A?5:B82=0O <>45;L, 2K3>4=0 :0: >@30=0< 2;0AB8, B0: 8 =0A5;5=8N >4 A8AB5<>9 8?>B5G=>3> :@548B>20=8O ?>4@07C<5205BAO A>740=85 A>>B25BAB2CNI8E 8=AB8BCB>2 8 >B@01>B0==KE <5E0=87<>2, :>B>@K5 1K >15A?5G8;8 2>7<>6=>ABL MDD5:B82=>3> 8?>B5G=>3> :@548B>20=8O. >-?5@2KE, =5>1E>48<0 459AB2CNI0O A8AB5<0 8?>B5G=KE :@548B=KE 8=AB8BCB>2 10=:>2 8 4@C38E 8?>B5G=KE :@548B=KE CG@5645=89, =5?>A@54AB25==> >ACI5AB2;ONI8E 8?>B5G=K5 :@548B=K5 >?5@0F88. -DD5:B82=>ABL DC=:F8>=8@>20=8O 40==>9 A8AB5<K 2 7=0G8B5;L=>9 AB5?5=8 7028A8B >B C@>2=O @0728B8O 8=D@0AB@C:BC@K, 2:;NG0NI59 A8AB5<C @538AB@0F88 >1>@>B0 =542868<>3> 8<CI5AB20, A8AB5<C ?@>D5AA8>=0;L=>9 >F5=:8 AB>8<>AB8 =542868<>3> 8<CI5AB20, AB@0E>2K5 :><?0=88, 0 B0:65 8=AB8BCBK, >@30=87CNI85 45OB5;L=>ABL =0 2B>@8G=>< @K=:5 8?>B5G=KE AAC4, 8 =5:>B>@K5 4@C385 M;5<5=BK. !B02O 7040GC A>740=8O F5;>AB=>9 @K=>G=>9 A8AB5<K 8?>B5G=>3> 68;8I=>3> :@548B>20=8O, >@85=B8@>20==>9 2 ?5@2CN >G5@54L =0 8A?>;L7>20=85 MDD5:B82=KE AB0=40@B=KE D8=0=A>2KE <5E0=87<>2, =5>1E>48<> CG8BK20BL 2>7<>6=>ABL ?@8<5=5=8O AE5< 68;8I=>3> D8=0=A8@>20=8O, =0?@02;5==KE =0 8A?>;L7>20=85 <5AB=KE @5AC@A>2 8 CG8BK20NI8E A?5F8D8:C >B45;L=KE @538>=>2.  ?5@5E>4=KE CA;>28OE D>@<8@>20=8O 8 A>740=8O A8AB5<K 8?>B5G=>3> 68;8I=>3> :@548B>20=8O B0:85 AE5<K <>3CB ?><>GL @5H5=8N 68;8I=>9 ?@>1;5<K >?@545;5==>9 G0AB8 =0A5;5=8O, E>BO 2 A8;C >3@0=8G5==>AB8 <5AB=KE @5AC@A>2, 8E >@85=B0F88 =0 <5AB=K5 @538>=0;L=K5 >A>15==>AB8 <0AHB01K 55 @50;870F88 ;8<8B8@>20=K. ;02=0O F5;L  A>740BL @01>B0NICN A8AB5<C >15A?5G5=8O 4>ABC?=K< ?> AB>8<>AB8 68;L5< @>AA89A:8E 3@0640= A> A@54=8<8 4>E>40<8, >A=>20==CN =0 @K=>G=KE ?@8=F8?0E ?@8>1@5B5=8O 68;LO =0 A2>1>4=>< >B <>=>?>;87<0 68;8I=>< @K=:5 70 AG5B A>1AB25==KE A@54AB2 3@0640= 8 4>;3>A@>G=KE 8?>B5G=KE :@548B>2. ?>B5G=K5 >B=>H5=8O >1;040NB >3@><=K< ?>B5=F80;><, => 2 =081>;LH59 AB5?5=8 >= =5 @50;87C5BAO 2 68;8I=>9 AD5@5, E>BO 8<5==> >=8 O2;ONBAO B5< 459AB25==K< A@54AB2><, ?>72>;ONI8< @5H8BL @O4 =0ACI=KE 7040G: 1) >15A?5G5=8O 4>;3>2@5<5==>9 8 ?@>G=>9 8=B53@0F88 @K=:0 =542868<>AB8 8 D8=0=A>2>3> @K=:0; 2) >15A?5G5=8O I04OI53> @568<0 ?@8>1@5B5=8O 68;LO 3@0640=0<8; 3) ?>2KH5=8O 8=25AB8F8>==>9 0:B82=>AB8 2 :0?8B0;L=>< AB@>8B5;LAB25. # <C=8F8?0;8B5B>2 2 A2O78 A E@>=8G5A:8< 45D8F8B>< 1N465B>2 @57:> >3@0=8G5=K 2>7<>6=>AB8 AB@>8B5;LAB20 Ћ15A?;0B=>3>Л 68;LO 4;O <0;>>15A?5G5==KE 3@0640=, 8<5NI8E ?@02> =0 3>AC40@AB25==K5 AC1A8488. 0?@O65==>ABL A8BC0F88 <>65B 1KBL A=OB0 70 AG5B >4=>2@5<5==>3> 2>72545=8O :><<5@G5A:>3> 68;LO 8 :><18=8@>20=8O 8AB>G=8:>2 ?@82;5:05<KE A@54AB2 (A15@565=89 =0A5;5=8O, 10=:>2A:8E :@548B>2, AC1A8489 8 B. 4.). ! MB>9 65 F5;LN 2>7<>6=> 8A?>;L7>20=85 <5E0=87<0 A>F80;L=>9 0@5=4K, B. 5. ?@54>AB02;5=85 ?@020 ?@>6820=8O 2 :20@B8@0E 157 ?5@540G8 8E 2 A>1AB25==>ABL A 48DD5@5=F8@>20==>9 >?;0B>9 2 7028A8<>AB8 >B 4>E>40 A5<L8. "0:8< >1@07><, 2 7028A8<>AB8 >B AB>8<>AB8 68;LO, 8AB>G=8:>2 A@54AB2, ?;0B565A?>A>1=>AB8 8 :0B53>@88 (A CG5B>< ?@02 ;L3>BK) 3@0640=, 65;0NI8E C;CGH8BL 68;8I=K5 CA;>28O, 2K45;ONBAO =5A:>;L:> 68;8I=KE AB@0B5389: AB@0B538O, @0AAG8B0==0O =0 ?@54>AB02;5=85 3>AC40@AB25==KE AC1A8489 8 ?><>IL ?@54?@8OB89; A<5H0==0O AB@0B538O, >A=>20==0O =0 8A?>;L7>20=88 3>AC40@AB25==KE AC1A8489 8 A>1AB25==KE A@54AB2 3@0640=; @K=>G=0O AB@0B538O, >@85=B8@>20==0O 2 >A=>2=>< =0 A>1AB25==K5 A@54AB20 3@0640=. 5OB5;L=>ABL AC1J5:B>2 @K=:0 8?>B5G=KE 68;8I=KE :@548B>2, 2 ?5@2CN >G5@54L 3@0640=-705<I8:>2 8 10=:>2-:@548B>@>2, >A>15==> 2 ?5@8>4 D>@<8@>20=8O 8 AB0=>2;5=8O A8AB5<K 8?>B5G=>3> 68;8I=>3> :@548B>20=8O, 157 A?5F80;L=KE <5@ ?>445@6:8 <C=8F8?0;8B5B0 ?@0:B8G5A:8 =52>7<>6=0. B 2=54@5=8O 04<8=8AB@0B82=KE >A=>2 A8AB5<K 8?>B5G=>3> :@548B>20=8O 2K83@K205B B5@@8B>@8O 2 F5;><. ! >4=>9 AB>@>=K, <C=8F8?0;L=K5 >@30=K AB8<C;8@CNB ?@>F5AA 68;8I=>3> AB@>8B5;LAB20, 0 7=0G8B, 8 @>AB =0;>3>2KE ?>ABC?;5=89, A 4@C3>9 AB>@>=K, <8=8<878@CNB A2>8 @8A:8, ?>;CG0O ?@8 =52K?>;=5=88 3@0640=8=>< CA;>289 :@548B>20=8O 4;O =C64 3>@>40 ;81> =>2CN :20@B8@C, ;81> :20@B8@C ?>2B>@=>3> 70A5;5=8O.  =0AB>OI55 2@5<O :@548BK, ?@54;0305<K5 10=:0<8 =0 ?@8>1@5B5=85 68;LO, 4>ABC?=K >3@0=8G5==><C :@C3C ;8F. !>740=85 A8AB5<K 8?>B5G=>3> :@548B>20=8O A> 2AB@>5==K<8 N@848G5A:8<8 8 M:>=><8G5A:8<8 <5E0=87<0<8 >3@0=8G5=8O @8A:>2, <>18;870F88 D8=0=A>2KE @5AC@A>2 A?>A>1=> ACI5AB25==> C45H528BL 8?>B5G=K5 :@548BK 8 ?@52@0B8BL 8E 2 @0A?@>AB@0=5==>5 A@54AB2> @5H5=8O 68;8I=>9 ?@>1;5<K 4;O 3@0640= >AA88. 0728B85 8?>B5G=>3> 68;8I=>3> :@548B>20=8O =0A5;5=8O :0: F5;>AB=>9 A8AB5<K, A >4=>9 AB>@>=K, 8 :0: A>AB02=>9 G0AB8 @K=>G=>9 M:>=><8:8, A 4@C3>9, 4>;6=> AB@>8BLAO =0 1075 @07@01>B0==KE >B5G5AB25==K<8 CG5=K<8 A;54CNI8E >A=>2>?>;030NI8E ?@8=F8?>2. 1. !8AB5<0 8?>B5G=>3> 68;8I=>3> :@548B>20=8O 2 >AA88 4>;6=0 CG8BK20BL 8<5NI89AO <564C=0@>4=K9 >?KB. =0 4>;6=0 1KBL 040?B8@>20=0 : @>AA89A:8< <0:@>M:>=><8G5A:8< CA;>28O< 8 70:>=>40B5;L=>9 1075, CG8BK20BL ?A8E>;>38G5A:85 0A?5:BK =0A5;5=8O >AA88, ?>:0 5I5 A =0AB>@>65==>ABLN 2>A?@8=8<0NI53> A8BC0F8N 4;8B5;L=>9 7028A8<>AB8 >B 10=:0-:@548B>@0 ?@8 8?>B5G=>< :@548B>20=88. 2. 4=8< 87 :;NG52KE B@51>20=89 A;54C5B >B<5B8BL =5>1E>48<>ABL >15A?5G5=8O 4>ABC?=>AB8 8?>B5G=KE :@548B>2 4;O 3@C?? =0A5;5=8O =5 B>;L:> A =081>;55 2KA>:8<8, => B0:65 8 A@54=8<8 4>E>40<8. @8 MB>< A8AB5<0 8?>B5G=>3> :@548B>20=8O 4>;6=0 =>A8BL @K=>G=K9, 0 =5 4>B0F8>==K9 E0@0:B5@, 1KBL ?>;=>ABLN ?@>7@0G=0 8 OA=0 4;O ?>=8<0=8O 2A5<8 CG0AB=8:0<8 ?@>F5AA0 8?>B5G=>3> :@548B>20=8O. 3. !>740205<0O A8AB5<0 8?>B5G=>3> :@548B>20=8O 4>;6=0 =>A8BL @072820NI89AO E0@0:B5@, >?8@0BLAO =0 MDD5:B82=>5 8A?>;L7>20=85 ?@82;5G5==KE D8=0=A>2KE @5AC@A>2 3@0640=, :><<5@G5A:8E 10=:>2-:@548B>@>2, 8=25AB>@>2, 0 =5 =0 D8=0=A8@>20=85 A> AB>@>=K 3>AC40@AB25==>3> 1N465B0. 4. !8AB5<0 68;8I=>3> 8?>B5G=>3> :@548B>20=8O 4>;6=0 1KBL 2>A?@>872>48<0 2 ;N1>< @538>=5 AB@0=K. "5<?K 8 <0AHB01K @0728B8O 8?>B5:8 2 B5E 8;8 8=KE @538>=0E 4>;6=K >?@545;OBLAO =5 AB>;L:> AC1J5:B82=K<8 D0:B>@0<8 =0;8G8O 8;8 >BACBAB28O ?>;8B8G5A:>9 2>;8 C @C:>2>4AB20 @538>=0 4;O @0728B8O 8?>B5:8, 0 >1J5:B82=>9 M:>=><8G5A:>9 A8BC0F859 2 @538>=5, =0;8G85< ?;0B565A?>A>1=>3> A?@>A0 =0 68;L5 8 53> ?@54;>65=85<. 5. ?>B5:0 =5 <>65B O2;OBL A>1>9 65AB:CN, >4=>;8:CN A8AB5<C. ?>B5:0 2 >AA88 4>;6=0 1KBL <=>3>20@80=B=>9. @8 MB>< =8 > :0:>< 2708<>8A:;NG5=88 =5 <>65B 1KBL 8 @5G8. A5 >=8 ACI5AB2CNB 2 A2>5< ?@>AB@0=AB25, 2 A2>5< 2@5<5==>< 8 45=56=>< 87<5@5=8OE 8 >@85=B8@>20=K =0 A2>53> ?>B@518B5;O. 6. A:;NG8B5;L=> 206=K< 0A?5:B>< 3>AC40@AB25==>9 ?>;8B8:8, =0?@02;5==>9 =0 @0728B85 8?>B5G=>3> :@548B>20=8O, O2;O5BAO D>@<8@>20=85 <0:@>M:>=><8G5A:8E CA;>289 8 8=AB8BCF8>=0;L=>9 A@54K, A?>A>1AB2CNI8E ?>2KH5=8N 4>ABC?=>AB8 8?>B5G=KE :@548B>2 4;O 705<I8:>2. -B> 2:;NG05B :><?;5:A <5@ ?> :>=B@>;N 70 C@>2=5< 8=D;OF88, 48=0<8:>9 >1<5==>3> :C@A0 @C1;O, ?> A=865=8N ?@>F5=B=KE AB02>:, @5AB@C:BC@870F88 10=:>2A:>9 A8AB5<K, @0728B8N =>@<0B82=>-70:>=>40B5;L=>9 107K. 7. >;L @538>=0;L=KE 8 <5AB=KE >@30=>2 2;0AB8 =0 MB0?5 A>740=8O A8AB5<K 8?>B5G=>3> :@548B>20=8O O2;O5BAO 8A:;NG8B5;L=> 206=>9. 5H5=85 68;8I=>9 ?@>1;5<K 8 :>>@48=0F8O 45OB5;L=>AB8 2A5E AC1J5:B>2 @K=:0 68;LO 2 ACI5AB25==>9 <5@5 7028A8B >B 45OB5;L=>AB8 >@30=>2 8A?>;=8B5;L=>9 2;0AB8 =0 2A5E C@>2=OE. ;O AB0=>2;5=8O 8 @0728B8O A8AB5<K 4>;3>A@>G=>3> 8?>B5G=>3> 68;8I=>3> :@548B>20=8O =5>1E>48<> ?@54CA<>B@5BL @5H5=85 A;54CNI8E >A=>2=KE ?@>1;5<: CAB@0=5=85 8<5NI8EAO =54>AB0B:>2 2 70:>=>40B5;LAB25; A;01>5 @0728B85 8 =54>AB0B>G=0O MDD5:B82=>ABL A8AB5<K @538AB@0F88 ?@02 =0 =542868<>5 8<CI5AB2> 8 A45;>: A =8< 2 CG@5645=8OE NAB8F88; A;01>5 @0728B85 >F5=>G=>3> 8 AB@0E>2>3> 45;0; =54>AB0B>: :@548B=KE @5AC@A>2 8 8E 2KA>:0O AB>8<>ABL C :><<5@G5A:8E 10=:>2; >BACBAB285 2B>@8G=>3> @K=:0 70:;04=KE (8?>B5G=KE :@548B>2); 2KA>:85 AB02:8 @5D8=0=A8@>20=8O; >BACBAB285 MDD5:B82=KE <5E0=87<>2 >3@0=8G5=8O @8A:>2 10=:>2 8 ?>:@KB8O A> AB>@>=K 3>AC40@AB20 8 >@30=>2 <5AB=>3> A0<>C?@02;5=8O; >BACBAB285 8?>B5G=KE 10=:>2; 2KA>:0O AB>8<>ABL :@548B>2 4;O 705<I8:0; =87:85 4>E>4K ?@5>1;040NI59 G0AB8 =0A5;5=8O 2 A@02=5=88 A> AB>8<>ABLN 68;LO; =54>AB0B>: 1N465B=KE A@54AB2 4;O ?@54>AB02;5=8O 68;8I=KE AC1A8489 3@0640=0<, 8<5NI8< =0 =8E ?@02>, ?>72>;ONI8E A=878BL :@548B=CN =03@C7:C ?@8 ?@8>1@5B5=88 68;LO; =5A>25@H5=AB2> =0;>3>>1;>65=8O, =54>AB0B>G=>5 :>;8G5AB2> AB8<C;>2 4;O 2;>65=8O A@54AB2 3@0640=0<8 2 68;L5. @54;030NBAO A;54CNI85 >A=>2=K5 =0?@02;5=8O @5H5=8O C:070==KE ?@>1;5<: 1) A>25@H5=AB2>20=85 70:>=>40B5;L=>9 8 =>@<0B82=>9 107K, >15A?5G820NI59 8A?>;=5=85 >1O70B5;LAB2 ?@8 8?>B5G=>< :@548B>20=88, 2 ?5@2CN >G5@54L, 2 G0AB8 A>740=8O G5B:>9 ?@>F54C@K >1@0I5=8O 27KA:0=8O =0 ?@54<5B 8?>B5:8 8 2KA5;5=8O =5?;0B5;LI8:0 ?> :@548BC 87 70;>65==>3> 68;LO; 2) A>740=85 8 2=54@5=85 C=825@A0;L=>3> <5E0=87<0 >15A?5G5=8O ?@8B>:0 4>;3>A@>G=KE 2=51N465B=KE D8=0=A>2KE @5AC@A>2 2 1N465B=CN AD5@C; 3) =0;>3>2>5 AB8<C;8@>20=85 :0: 3@0640=  ?>;CG0B5;59 8?>B5G=KE :@548B>2, A >4=>9 AB>@>=K, B0: 8 :><<5@G5A:8E 10=:>2  8?>B5G=KE :@548B>@>2 8 8=25AB>@>2, >15A?5G820NI8E @5D8=0=A8@>20=85 :><<5@G5A:8E 10=:>2-:@548B>@>2, A 4@C3>9 AB>@>=K; 4) A>740=85 @02=KE CA;>289 4;O A2>1>4=>9 :>=:C@5=F88 <564C AC1J5:B0<8 @K=:0 8?>B5G=KE :@548B>2; 5) A>740=85 <5E0=87<>2 A>F80;L=>9 70I8BK 705<I8:>2 :0: >B =5?@02><5@=KE 459AB289 10=:>2-:@548B>@>2, B0: 8 4;O 8E A>F80;L=>9 040?B0F88 ?@8 ?@>F54C@5 2KA5;5=8O 2 A;CG05 =52>7<>6=>AB8 ?>30H5=8O 27OB>3> @0=55 8?>B5G=>3> :@548B0; 6) CB>G=5=85 =>@<0B82=>9 107K, @53C;8@CNI59 45OB5;L=>ABL :@548B=KE >@30=870F89 ?> ?@54>AB02;5=8N 8 >1A;C6820=8N 8?>B5G=KE 4>;3>A@>G=KE :@548B>2, 0 B0:65 8E @5D8=0=A8@>20=8N; 7) D>@<8@>20=85 =>@<0B82=>-70:>=>40B5;L=KE >A=>2 4;O 8A?>;L7>20=8O =>2KE D8=0=A>2KE 8=AB@C<5=B>2 (F5==KE 1C<03) 4;O ?@82;5G5=8O 4>;3>A@>G=KE @5AC@A>2 2 MBC AD5@C. ><8<> MB>3>, =5>1E>48<> ?@54CA<>B@5BL @O4 A?5F80;L=KE 68;8I=KE ;L3>B 4;O 10=:>2, >ACI5AB2;ONI8E 8?>B5G=CN 45OB5;L=>ABL. >AB0B>G=> 459AB25==>9 <5@>9 <>65B AB0BL 22545=85 ?>@O4:0, ?@8 :>B>@>< 10=:8, >B:@K20NI85 68;8I=K5 2:;04K 8 ?@54>AB02;ONI85 8?>B5G=K5 :@548BK, 8<5NB 2>7<>6=>ABL C<5=LH0BL =0;>3>>1;0305<CN ?@81K;L =0 AC<<C 2K40==KE 4>;3>A@>G=KE 68;8I=KE :@548B>2 8;8 4;O =8E ?@8<5=O5BAO >A2>1>645=85 >B =0;>3>2 ?@81K;8, ?>;CG5==>9 >B 8?>B5G=KE :@548B>2. @><5 B>3>, A;54C5B >A2>1>48BL >B @575@28@>20=8O 8;8 A=878BL =>@<K >1O70B5;L=KE @575@2>2, 45?>=8@C5<KE 10=:>< 2 &5=B@0;L=>< 10=:5 >AA89A:>9 $545@0F88, ?> A@54AB20<, ?>ABC?0NI8< =0 68;8I=K5 2:;04K. @82;5G5=85 2=5H=8E @5AC@A>2 4;O 8?>B5G=>3> 68;8I=>3> :@548B>20=8O A45@68205BAO 2KA>:8< C@>2=5< @8A:0.  MB8E CA;>28OE 3>AC40@AB2> 4>;6=> 2A5<5@=> A?>A>1AB2>20BL ?@82;5G5=8N A@54AB2 2 @5=>20F8N 8 A>740=85 >A=>2=KE D>=4>2. 0 ?@0:B8:5 ?@>8AE>4OB >1@0B=K5 ?@>F5AAK. K=>: 3>AC40@AB25==KE F5==KE 1C<03 ?>3;>I05B D8=0=A>2K5 @5AC@AK 8 45;05B 8E =5?><5@=> 4>@>38<8, =0;>38 =5>?@0240==> C25;8G820NB 8=25AB8F8>==CN AB>8<>ABL. >6=> A45;0BL 2K2>4, GB> :>=:@5B=>5 2K@065=85 ?>445@6:8 A> AB>@>=K 3>AC40@AB25==KE >@30=>2 ?@8<5=8B5;L=> : A8AB5<5 8?>B5G=>3> 68;8I=>3> :@548B>20=8O 4>;6=> =09B8 2 A;54CNI8E D>@<0E: ?@840=85 A8AB5<5 8?>B5G=>3> 68;8I=>3> :@548B>20=8O AB0BCA0 <C=8F8?0;L=>9; ?@8>@8B5B=>5 2K45;5=85 ?;>I04>: ?>4 70AB@>9:C (157 2AO:8E 4>?>;=8B5;L=KE CA;>289) 4;O @50;870F88 A8AB5<K; A=OB85 8;8 7=0G8B5;L=>5 C<5=LH5=85 25;8G8=K D8=0=A>2>9 =03@C7:8 =0 CG0AB=8:>2 A8AB5<K 70 AG5B A=865=8O @0AE>4>2 =0 8=D@0AB@C:BC@C 8 4@C38E ;L3>B; 2K45;5=85 87 D545@0;L=>3>, 3>@>4A:>3> 8;8 <5AB=>3> 1N465B0 1572>7<574=KE AC1A8489 =0 AB@>8B5;LAB2> 8;8 ?@8>1@5B5=85 68;LO; ?@54>AB02;5=85 3@0640=0< ;L3>B=KE CA;>289 :@548B>20=8O; ?@8=OB85 ?>AB0=>2;5=89 > 70;>3>2>< :@548B>20=88 (=0 <5AB=>< C@>2=5), ?@8 :>B>@>< 3>@>4 2KABC?05B 30@0=B>< ?> :@548B0< =0 @50;870F8N 2KA>:>MDD5:B82=KE ?@>5:B>2, 5A;8 MB8 ?@>5:BK A>>B25BAB2CNB ?@8>@8B5B=K< =0?@02;5=8O< 3>@>4A:>3> @0728B8O, 0 705<I8:  CAB0=>2;5==K< :@8B5@8O<; M<8AA8O 3>@>4A:8E F5==KE 1C<03, :>B>@K5 =0@O4C A >15A?5G5=85< ?@8B>:0 A@54AB2 2 3>@>4A:85 ?@>3@0<<K <>3CB 1KBL ?@54<5B>< 70;>30 2 >15A?5G5=85 :@548B>2, ?@82;5:05<KE 8=25AB>@0<8 =0 @50;870F8N =C6=KE 3>@>4C ?@>5:B>2; 2K?CA: >1;830F8>==KE 709<>2, >15A?5G5==KE 75<;59.     0B5@80;K ?@54>AB02;5=K 8=B5@=5B - ?@>5:B><  HYPERLINK "http://www.globalteka.ru" www.globalteka.ruЎ 2B>@A:>5 2K?>;=5=85 =0CG=KE @01>B ;N1>9 A;>6=>AB8  3@0<>B=> 8 2 A@>: к*м*р*№*8+:+<+N+R+Z+`+f+h+|+~+‚+†+ˆ+Š++’+І+Ј+Ќ+Ў+В+Ш+>,@,F,H,їѓфйХйЖйЖйЖйЖйЖйŸХ’‰’‰’ХйфйzѓohЋ$Мhœ­CJaJhz їh‹ ГB* CJaJphI}hPGh‹ Г0JhPGh‹ Г0JmH sH ,jЅhPGh‹ ГB* UmH phI}sH hPGh‹ ГB* mH phI}sH &jhPGh‹ ГB* UmH phI}sH hPGh‹ ГB* phI}hPGh‹ ГB* mH"phI}sH"h‹ Гjh‹ ГU,1hА‚. АЦA!АЅ"АR#n$n%ААФАФ ФЅDаЩъyљКЮŒ‚ЊKЉ рЩъyљКЮŒ‚ЊKЉ 4http://www.globalteka.ru/ЅDаЩъyљКЮŒ‚ЊKЉ рЩъyљКЮŒ‚ЊKЉ 4http://www.globalteka.ru/†œB@ёџB 1KG=K9CJ_HaJmHsHtHBA@ђџЁB A=>2=>9 H@8DB 0170F0\i@ѓџГ\ 1KG=0O B01;8F0 :V і4ж4ж laі .k@єџС. 5B A?8A:0 L@ђL ‹ Г5@E=89 :>;>=B8BC;  ЦE‹$J @J ‹ Г86=89 :>;>=B8BC;  ЦE‹$DўoЂD ‹ Г =0: =0:CJ_HaJmHsHtH:U`Ђ!: ‹ Г 8?5@AAK;:0 >*B*phџmŽ0џџџџ џџ"&Ѓ џџ"&Ѓ џџ"&Ѓ џџ"&Ѓ џџ"&Ѓ џџ"&Ѓ џџ"&Ѓ џџ"&Ѓ џџ "&Ѓ џџ "&Ѓ џџ "&Ѓ џџ "&Ѓ џџ "&Ѓ џџ"&Ѓ џџ"&Ѓ џџ"&Ѓ џџ"&Ѓ џџ"&Ѓ џџ"&Ѓ ›(%­,B4Я;xCћJІR*ZŸaiЕpOxдƒ‡mŽџ. wp…hakYоQ5J ВB ; ƒ3 , š$ј^й *efЙ"ŽiŽnŽџ‹$ї­џ‹$ї­џ‹$ї­џ‹$дџ‹$д‹$Ќefg­ЏАВГЕЖИЙ"ŽiŽjŽnŽ˜@0€€€˜0€€˜0€€˜0€€Iˆ00ћIˆ00ћIˆ00ћIˆ00Є‚ћIˆ00Iˆ00м‚ћIˆ00Iˆ00hžћ˜0€€˜0€€˜0€€ 0€2 @ ОООООСк*H,L—H,MF,N(:mŽXџ„8`rСXџ„№8№@ёџџџ€€€ї№’№№0№( № №№B №S №ПЫџ ?№џџ _Hlt197796439 _Hlt197796440ŽŽnŽ@@ŽŽnŽ-78:###f,n,|-„-І:Ж:#?6?џFGZHcHUI^IјM N\NnN^OgOdVhV–VšVПVУV=]F]­ЙТбйŽŽŽŽ"Ž+Ž-Ž6ŽnŽ):НФ D pwЅЌ/'Ч(а-ж/Ў1Д1с6љ6Я7ж7A9ё: >ж?С@Ц@тAцA1K3KBNPPмQ—R™RДTЖTЋU]WфWцW‡Y‰Y$[]]‘]_!_:fAfjfhtjVlЂoМoowswyw~wІw x;yNy{е|_~f~T2Ј‚Б‚ё‡љ‡‘‹z­Й!Ž"ŽhŽnŽ:­nŽ­nŽKхJAm(xрjмv№J,m…4"љ!$0?,т6:8кC8U:\:Йc==>PJ[T;XыK\Ь`”AaPaђ}gю_mТ@n№'o— tЇ6€;c€Њ‚m]ˆЫ%‹~=“5z“k–dš:š‰PšT_šuIЂŽyЋ"]ЌЈ}Ќœ­ШKБ‹ ГКjiКЋ$Му\Р9.СвУO ФlШМUЪ\]ЭHг‘Mд 7жDж =йЎDйjxйњWнiCоТrоDшэTьЛfь9ёЇvђqєˆћe­iŽnŽџ@€ee8MФOeeIGmŽ€€žџџUnknownџџџџџџџџџџџџGЬ‡z €џTimes New Roman5€Symbol3&Ь ‡z €џArial"qˆ№ФhУ"МFYŠЦF%ˆxH%ˆxH!№ЅnДД>4ee3ƒQ№мHX-№џ?уџџџџџџџџџџџџџџџџџџџџџЊ‚2џџ~>AC40@AB25==K9 1N465B 2A5340 O2;O;AO >A=>2=K< 8AB>G=8:>< D8=0=A8@>20=8O 68;8I=>3> AB@>8B5;LAB20, 4>?>;=O5<K< ;8HL =57=0G8B5;Lxp_3513xp_3513ўџр…ŸђљOhЋ‘+'Гй0ф˜ ,<HTd t€   Ќ ИФЬдму€Уюёѓфр№ёђтхээћщ сўфцхђ тёхуфр џтыџыёџ юёэютэћь шёђюїэшъюь єшэрэёш№ютрэшџ цшышљэюую ёђ№юшђхыќёђтр, фюяюыэџхьћь ышјќ эхчэрїшђхыќxp_3513Normalxp_35132Microsoft Office Word@xAЫ@вRL6Ш@‰оBаШ%ˆxўџеЭеœ.“—+,љЎDеЭеœ.“—+,љЎАl hp€ˆ˜  ЈАИ Р KуpbankHeG Уюёѓфр№ёђтхээћщ сўфцхђ тёхуфр џтыџыёџ юёэютэћь шёђюїэшъюь єшэрэёш№ютрэшџ цшышљэюую ёђ№юшђхыќёђтр, фюяюыэџхьћь ышјќ эхчэрїшђхыќ  Эрчтрэшх 8@ _PID_HLINKSуAд Dhttp://www.globalteka.ru/Dhttp://www.globalteka.ru/  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~€‚ƒ„…†‡ˆ‰Š‹ŒŽ‘’“”•–—˜ўџџџš›œžŸ ўџџџЂЃЄЅІЇЈЉЊЋўџџџ­ЎЏАБВГўџџџЕЖЗИЙКЛўџџџ§џџџ§џџџПўџџџўџџџўџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџRoot Entryџџџџџџџџ РF@…эBаШС€Data џџџџџџџџџџџџ™1TableџџџџЁМWordDocumentџџџџ.0SummaryInformation(џџџџџџџџџџџџЌDocumentSummaryInformation8џџџџџџџџДCompObjџџџџџџџџџџџџqџџџџџџџџџџџџўџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџўџ џџџџ РFФюъѓьхэђ Microsoft Office Word MSWordDocWord.Document.8є9Вq