;K<= (/&& ;K<= (/&&N IWbZjWlW B_[jeWdWi _dijhkaY_`W (5 %;
;K<= (/&& % ;K<= (/&&N I7JKHI :heXWi dehZ`kc_$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$) L[Yi _[ahjWi kj_b_pY_`W$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$) ?[ahjWi WfhWaiji$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
;K<= (/&& % ;K<= (/&&N :heXWi dehZ`kc_ @ik `WkdW`W_ iWbZjWlW_ lWh Xj d[ZWkZp Wjì_h]Wi \kdaY_`Wi d[a iWbZjWlW_" akhk _pcWdje`j _[# fh_[a$ JfY f_hci iWbZjWlWi [aifbkWjY_`Wi kpiaWdWi ahj]_ `_pbWiW b_[jeWdWi _dijhkaY_`W" bW_ _[fWp# jei Wh je" a _[ahjW \kdaY_ed" a Wh je ZWhXej_[i kd a aefj$ B_[jeWdWi _dijhkaY_`W `kp]bWX Zhe l_[j" bW_ je d[f_[Y_[WcXWi ]WZ`kc lWhjk fhì_hijj lW_ aef Wh iWbZjWlk deZej ji `WkdW`Wc fWd_[aWc$ ?pcWdjeWdW IWbZjWlW _h fWh[Zpj
;K<= (/&& % ;K<= (/&&N ?[ahjWi WfhWaiji CeZ[b_i ;K<= (/&& % ;K<= (/&&N '$ FbWkaji Wh lak ($ IWbZjWlWi Wjl_bajd[ )$ B[Zki jhWkY_ *$ Ij_abW fbWkaji +$ 7kaijkcW WakckbWjehi ,$ L[dj_bWjehW h[ _i JWkij__ kd aedjhebifkbZp[i iWbZjWlWi WfaWbf[i fWd[b_i $ % $&7,21 )5((=( & ' ( ) * 7$ IWbZjWlWi Y[djhbW_i ibZp_i ?pcWdje`Wci _[ahjWi _[ib]WdW_ kd _pib]WdW_$ ;$ :p[bj[dW aedjhebifkbZp[ :[]" aWch dej_[a fWjh_dj iWiWbZWdW$ 8$ J[cf[hWjhW
;K<= (/&& % ;K<= (/&&N JWkij__ kd aedjhebifkbZp[i b[Zki Wkjecji + , / >$ :p[bj[dW aedjhebifkbZp[ :[]" aWZ _h Waj_ljW XbeìWdWi \kdaY_`W$ ?$ 8beìWdWi \kdaY_`Wi jWkij_ FWh[Zpji ibW_Y]W_ XbeìWdWi \kdaY_`Wi Wjl_[deWdW_ kd jhWkaic[i i_]dbW Wjib]WdW_$ @$ DWaji h[ cW % Wf]W_ice`kcW jWkij_ FWh[Zpji dWaji h[ cW Waj_lWdW_ % Z[pWaj_lWdW_" Wf]W_ice`kcW _[ib]WdW_ % _pib]WdW_" a Wh jhWkaic[i i_]dbW Wjib]WdW_$ - 0 .
;K<= (/&& % ;K<= (/&&N IWbZjWlWi [aifbkWjY_`W IWbZjWlWi _[ib]WdW kd d[f_[Y_[Wci j[cf[hWjhWi deh[]kbWdW ?[ib]WdW0 @_[ibZp iWbZjWlW" deif_[ ej Y[djhbe ibZp_$ @W iWbZjWl _h _ijWXWi j[cf[hWjhW" _[ibZpWi Wakij_iaW_i XhZ_d`kcW i_]dbi$ 7h _pib]WdWi jWkij_W fWbZpXk `_pibZp Wakij_iaW_i i_]dbi$ $&7,21 )5((=( $&7,21 )5((=( J[cf[hWjhWi deh[]kbWdW0 @if_[ h[]kbWdWi jWkij__" bZp _dZ_aY_`Wi beZp_ c_h]e d[f_[Y_[Wc j[cf[hWjhW j[cf[hWjhk _[if`Wc
;K<= (/&& % ;K<= (/&&N JhWkaic[i i_]dbi kd Y_jWi \kdaY_`Wi :khl`k WjlhWdWi i_]dbi @W _[ahjWi Zkhl_i _h WjlhjWi _b]a d[a WfchWc '"+ c_dj[i" ia c_h]ej iWhaWd XhZ_d`kcW aedjhebifkbZp[" kd WjiaWd Wakij_iaW_i i_]dbi$ $&7,21 )5((=( ?pib]WdW0 7akij_iaW_i i_]dbi `_pibZp Wh _pib]WdWi jWkij_W fWbZpXk$ IWhaWd XhZ_d`kcW ifkbZpj[ deZp_[ij" aWZ j_[a W_plhjWi _[ahjWi Zkhl_i$ J[cf[hWjhWi jhWkaic[i i_]dbi IWhaWd XhZ_d`kcW aedjhebifkbZp[ c_h]e" kd WjiaWd Wakij_iaW_i i_]dbi"
;K<= (/&& % ;K<= (/&&N B[Zki WkjecjW _[ib]WdW kd _pib]WdW B[Zki Wkjecji _[ahjWi f_[]Z[i XhZ _h _[ib]ji kd _[ZWhXe`Wi" j_abZp iWbZjWlW j_[a f_[l_[dejW [b[ajhejabWc kd Z[di fWZ[l[_$ @W d[f_[Y_[Wci b[Zki Wkjecjk _pib]j" WfchWc ' i[akdZ_ `jkh deif_[iji jWkij_ < $ AWZ b[Zki Wkjecji d[j_[a _pcWdjeji" b[Zki fWZ[l[i Wjl[h[ _[ahjWi Zkhli `deibZp Wh _[ahjWi aecfb[aj _[j_bfijee lak$ 8beìWdWi \kdaY_`W Á b[Zki WkjecjW WfaWbf[i fWd[b_i ?[ahjWi f_[]Z[i XhZ XbeìWdWi \kdaY_`W _h
;K<= (/&& % ;K<= (/&&N FWZec_ kd _[j[_akc_ @W d[f_[Y_[WcW b_[baW b[Zki fW]WjWleWdWi `WkZW" _[j[_YWci deif_[ij iWiWbZWdWi jWkij_k kp ]Wbl[d WfaWbf[i fWd[´W$ Û \kdaY_`W _pibZpWi Wkjecj_ia_$ IWiWbZWdW IWiWbZWdWi jWkij_ `deif_[ WfchWc (* ijkdZWi f_hci fheZkajk _[l_[jeWdWi$ @W Z_[ddWaji bW_a j_[a iWiWbZji d[b_[bi fheZkajk ZWkZpkci" iWiWbZWdWi jWkij_k _pcWdjej dWl d[f_[Y_[Wci$ ?pib]WdW0 IWiWbZWdW j_[a fhjhWkajW Wkjecj_ia_ WfchWc +& ijkdZWi fY iWiWbZWdWi jWkij_W deif_[W
;K<= (/&& % ;K<= (/&&N ?[ahjWi _[a`W_i Wfhae`kci IWbZjWlWi Wjl_bajd[i IWbZjWl _h _[if`Wci jh_ kd d[a´Z]_ WjhWij lW`WZp]ei fheZkajki$ BW_ _[]jk lW_ha l_[jWi" iWbZjWlWi Wjl_bajd[i _[if`Wci _p[cj kd fheZkajki del_[jej j_[_ kp iWbZjWlWi fbWkaj_[c$ Kp l_i_[c fbWka# j_[c" _p[cej Wk]`e" _[if`Wci del_[jej fheZkajki j" bW_ j_[ fbWkajW fh_[afki fWh (& cc _pl_hpjei fh_ fbWkajW cWbW_$ JWi ´Wk` cWai_cb_ _pcWdjej iWbZjWlWi j_bfkck$ D[Zhaij _p[cj WfWa`e iWbZjWlWi Wjl_bajd_" `e j
;K<= (/&& % ;K<= (/&&N FWZec_ kd _[j[_akc_ A _[jWkfj [d[h_`k Ahj]_ `_[lhe deZW´ ÔKpijZWdW kd f_[ib]WdWÄ Zej_[ dehZ`kc_$ FWh[_pW _[ahjWi kpijZWdW iWcWp_dW fWjhji [b[ajhe[d[h_`Wi ZWkZpkck$ :khl_i d[lW`W] l_h_dj X[p lW`WZpXWi kd jkhj WjlhjWi fha _b]_$ H[]kbh_ `fhXWkZW" lW_ _[ahjWi Zkhl_i _h W_plhjWi ahj]_$ IWbZj_[ fheZkaj_ WjaWkiWdW_ `_[l_[je b[ZkiiaWf$ 7kaijkci de j_[c j_ai _pcWdjeji b[ZkiiaWf _[l_[jeje fheZkajk Zp[iWdW_$ Aecfh[iehi kd Zp[iWd
;K<= (/&& % ;K<= (/&&N JhWdW kd Wfaef[ L[dj_bY_`Wi h[ W de[cWdW L[dj_bY_`Wi h[ _ _h _[if`Wci de[cj" bW_ Wjl_[]bejk jhWdk$ H[ _i `WjXhle de ÏaiY_`Wi" fWl[baej je kp fh_[ak$ JhWdW ?[ahjWi jhWdW `l[_Y h[]kbh_$ F_hci jhWdWi _[ahjW `_pibZp kd `Wjl_[de de [b[ajhejabW$ JhWdW de _[afki[i @Z[cedj _p[cWci ZW´Wi kd `decWp] Wh heac$ @_pibWkaW % `_p l iWbZjWlW" ji _[a`W_i Wfhae`kci kd Xbl`kcW WfcWb[$ @b_[je d[_jhbi jhWkak cWp]WdWi bZp[ab_i kd i_bji
;K<= (/&& % ;K<= (/&&N IWbZjWlWi WjaWkiWdW ?[ahjW_ cWdkbW WjaWkiWdW dWl d[f_[Y_[WcW$ FheZkajk kp]bWXWdWi j_bfd[i kd _pjlW_Yj`W WjaWkiWdW dej_[a Wkjecj_ia_ Á WjaWhX de _[ah# jWi deibeZp[i dehcb ]WZ`kc _a fY (* ijkdZc $ FWd[´W Wf]W_ice`kcW ifkbZpj[i decW_W 7f]W_ice`kci _[ibZpWi Wkjecj_ia_" aWZ j_[a WjlhjWi _[ahjWi Zkhl_i$ IfkbZp[i decW_Wi bW_a iWbZjWlW_ `Xj Wjl_[dejW_ de [b[a# jhejabW$ @_pl[ba aedjWajZWaW de hep[j[i$ @_[]Z`Wi YWkhifZ]W ^Wbe]dW ifkbZp[$ Ifkb
;K<= (/&& % ;K<= (/&&N FheXbcW ?[if`WcW_i Ybed_i % delhWdW IWbZjWl _h fha i_bji$ @deh[]kb p[caW j[cf[hWjhW$ FhXWkZ_[j" lW_ _[ahjWi Zkhl_i _h W_plhjWi ahj]_ kd lW_ Xbl`kcW WfcWb[ _h d[Xe`jW kd jhW$ ?[if`Wci" aW iWbZjWl _h _[l_[jej_ i_bj_ fheZkaj_$ @de]W_ZW ZW Wi ijkdZWi kd fY jWc `fhXWkZW j[cf[hWjhW lbh[_p$ FheZkaj_ `_pl_[je j" bW_ ijWhf j_[c lWhjk Xhl_ Y_hakbj WkaijW_i ]W_ii$ IWbZjWl _h fha Wkaiji$ @deh[]kb Wk]ijaW j[cf[hWjhW$ ?[if`Wci" _h _[ib]jW i
;K<= (/&& % ;K<= (/&&N FheXbcW ?[if`WcW_i Ybed_i % delhWdW Ifh_[]kcW fWZ[l[i fhjhWkakcW ]WZ`kc$ D[lW`W] X[p lW`WZpXWi l_h_dj _[ahjWi Zkhl_i$ @W ifh_[]kcW fWZ[l[ _h fh# jhWkajW kp _b]ak bW_ak" fheZkaj_ `fhl_[je kp Y_jk l_[jk lW_ _[ahjk" akh j_[c j_[a deZhe_dji d[f_[Y_[WcW_i Wkaijkci$ @W iWiWbZj_[ fheZkaj_ fY ifh_[]kcW fWZ[l[i fhjhWkakcW lb _h iWiWbk_ kd Y_[j_" jei lWh jkhf_dj _[iWbZj$ JWk" `W fheZkaj_ _h Wjakik_" jech ilW_]_" jei d[aWl`ej_[i `WfijhZ j[hc_ia_ lW_ `fWj
;K<= (/&& % ;K<= (/&&N ?[ahjk d[Zhaij f_[l_[dej Z[dilWZWc l_[ji" akh Wfahj` j[cf[hWjhW lWh fWp[c_dj_[i p[c & 9$ ?[ahjk Zhaij f_[l_[dej j_aW_ Zp[hWc Z[di fWZ[l[_$ ?[ahjW `f_[l_[de j_aW_ WkaijW`Wc Z[d_c$ KpijZWdW kd f_[ib]WdW ?piW_eWdW @_piW_e iWbZjWlW kd `fhXWkZW" lW_ jW_ jhWdifehjWdWi bW_a dWl hWZk_[i Xe``kc_$ @W Xe``kc_ j_[a aedijWjj_" fWh j_[c d[aWl`ej_[i `p_e jhWdifehjW kpckcWc lW_ _[ahjWi f_[]Zj`Wc iaWj$ fWlWZpc_ $ ?[fWae`kcW cWj[h_bi `kj_b_p i
;K<= (/&& % ;K<= (/&&N ÙZ[di fWZ[l[i f_[ib]kci @de[c lhijW f_[ib]kcW jhWdifehjWdWi deZhe_d`kci iaWj$ Wjjbk $ ?[ahjWi aecfb[aj _[j_bfije Z[di ´j[d[ Wh f_[ib]kcW [b[c[djk `f_[l_[de iWbZjWlWi Z[di fWZ[l[i lhijWc" aWi WjheZWi ahX" _[ahjWi W_pck]kh$ @fW]h_[ ´j[d[ lW`WZp]W` fepY_`" X[j fY jWc ahj]_ `f_[l[ba iWl_[de`kcW kp]h_[pd_i" bW_ d[f_[´Wkjk Z[di defbZ[i$ Kp]h_[pd_ Zhaij f_[l_baj j_aW_ Wh heak$ ÙZ[di fWZ[l[i ´j[d[ d[Zhaij Xj fhbeYjW" f_[if_[ijW lW_ iWb_[a
;K<= (/&& % ;K<= (/&&N IWbZjWlWi del_[je`kci KPC7DÚ8K IWbZjWlW _h icW]W" jZ´ `f_[lh kpcWdXW jWc" bW_ ji fhl_[jeWdWi bW_a d[j_ajk iWXe`jW ]hZW$ @W Z_lWi _[ahjWi j_[a del_[jejWi XbWaki" ijWhf jc `_[bc WXWi _[ahjWi aecfb[aj _[j_bfijei WjijWjkcW ijWhfb_aWi$ @f_[lh kpcWdXW jWc" bW_ XWheWdWi aWX[b_i kd % lW_ aedjWaj# ZWaW d[Xjk _[if_[ij_ W_p _[ahjWi$ 8e`ji aWX[b_i lW_ aedjWajZWaW lWh fhaWhij kd a´j fWh Ybed_ k]kdi]haWc$ @fhXWkZW" lW_ d[ iWbZjWlW" d[ Y_jW _[ah
;K<= (/&& % ;K<= (/&&N I[ae`eW` jWXkb dehZjW Wfahj`i j[bfWi j[cf[hWjhW ZW Zc ab_cWjW abWic$ Ab_cWj_ia abWi[ ID D IJ J 7fahj`i j[bfWi j[cf[hWjhW ! '& 9 bZp !)( 9 ! ', 9 bZp !)( 9 ! '. 9 bZp !). 9 ! '.
