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*
6 ? >A+65:4A> = ? 879:4 = I 6 F9>+A5 ?45 4?: 5 G ?45 ;4F9;9 6>45 IA75<45
?+ <+@=+ = + 7+
D
2
+ 965>+?+<9B6
?J<>A9<+ =
+> 6=9 6=4 + ?+5 64A;+5 6 F9 4A
? ;:?+N+;9 6>4 = I A <7;:?9A ?45 59 79 6> 5 A 87959>45O
7 +AO
<4 G F 6>9?+=4
-
:4?7<9B6 4A9 96+=+ 6 ? :A4< 54 = >A+I+L4 :7 =+ 96>A4=7<9A5
? <7+=A4 = =95>A9I7<9B6 6 =B6= 5 = I <46 <>+A ?+ ; 8796+M = I
-
59 79 6> 5 ? ; 6>45O
+:+A+>4 5 ?+ = :A4>
? 96> AA7:>4A =9 A 6<9+? 5 5 ? <<946+ +> 6=9 6=4 + ?+ ?+<+ = <+A+<> A@5>9<+5
+ <46 H9B6 + ?+ A = 5 A +?9N+ ; =9+6> ?+ ;+6 7 A+ =
<46 <>+=4 + 76 6<K7
9 75> = :45
76 879:4 5: <9+?M <46 > 659B6 = +?9; 6>+<9B6 =95>96>+ +
879:4 6<46>A+A ?45 =+>45 :+A+ = 969A ?+ 965>+?+<9B6 ?J<>A9<+ 6 < 5+A9+
4=+ > 659B6 = +?9; 6>+<9B6 87
9;:9=9 6=4 ?+ 4: A+<9B6 = 54?=+=7A+
46 9>7=
;
R # ;
2
45 879:45
595> ;+ =
:A4> <<9B6 87
;4; 6>4 87
5>+ > 659B6 87 =
879:4 5 :A4>
A +95?+6=4 ?45 <9A<79>45 5 659I? 5 = ?+ A =
4 5
6< 6= A
? 96=9<+=4A ;I+A S S CFJ+5 +:+A>+=4 D
879:4 5>+A ?95>4 :+A+ 76<946+A
? 76<946+;9 6>4 <4AA <>4 54IA
4?=+=7A+ <46 ? <>A4=4 A F 5>9=4 =
4?=+=7A+ <46 ? <>A4=4 A F 5>9=4 =
2
)
?45
879:45 87
? L+=4 57 9<9 6> ; 6> = ? :7 5>4 = 54?=+=7A+ <46 ? 96 =
C DO %9:4?+A 4 A9:4?+A = 76+ 5 659I9?9=+= ;@69;+ =
C DO
C DO
C DO
A + ?+5 : A546+5 = <46>+<>45 =9A <>45 4 96=9A <>45 <46 :+A> 5 ?J<>A9<+5 I+L4 > 659B6
2
2
C DO %9:4?+A
C DO
2
2
C DO
C DO
<46 >4;+ = >9 AA+
9<+N
5>
7 A+ = ? ;+A
;;
' ;;
546 +:>45 :+A+ ?+ 965>+?+<9B6 ?J<>A9<+ + A7:4 ? <>AB
<46>967+; 6>
5>
7 A+ = ?45 ; A
A7:4 ? <>AB
M# ;; C T&
M # ;; C T
-
2
<4;:46 6
? 595> ;+M = I
6 ? 879:4
? +:+A+>4 5
?
9A = +<7 A=4 <46 ?+ ?+<+ = <+A+<> A@5>9<+5
6>A+=+ P
6 64;96+? :A4F4<+ ?+ +<>7+<9B6 = ? 595> ;+ = :A4> <<9B6
6 <+54 =
;+6 7 A+ = +?9; 6>+<9B6 = ; 5 ?46 9>7= 4 ?+
<46 H9B6 + 76+ +?+A += A+M > 6 + 6 <7 6>+ ?45
F+?4A 5 =
2
F A9 9<+6=4 ?+ > 659B6 =
6 5 +=;9>9=45 4 5>J =95>4A5946+=+ =
6 5>+5 <46=9<946 5M ? 879:4 : A;+6 < A +:+ +=4
6 ? ;4; 6>4 87 ?+ > 659B6 F7 ?F+ + 5 A += <7+=+ ?
64 A 879 A ?+5 59 79 6> 5 :4> 6<9+5 ;@69;+5O
DO
A7:4 ;464 59<4 ;@6T U
÷ '
DO
A7:4 ;464 59<4 ;@6T& U
I :A4>
A5
E
A +?9N+A?+ : A546+?
F9>+A 87
4 >A+I+L 676<+ I+L4 ??7F9+
5>+A <4;:7 5>4M +? ; 645M = ?45
;
+ ;959B6 =
Q
4;:A7 I 87
M 6 ?+ :?+<+ = <+A+<> A@5>9<+5 = ?
5 A 6 < 5+A94
? 754 =
5>+ >+I?+
64
5>45 879:45 96<4A:4A+6 76
+?9; 6>+<9B6M =
>+? 4A;+ 87
4A;+ : ?9 A45+M ?
? ;I+?+L =
5: <9+?9N+=4
? :4?F4 G ?+
5>
? <+I?
5>
76+
(
6
?
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