Grand Prix

Page 1

(VBEBMBKBSB +BM 0DUVCSF EF

-" 3*$" )*4503*" %& $)&$0 1±3&; XÊ1ÇHJOBT Z

7&-0$*%"% B MB NFYJDBOB

)".*-50/ 7*&/& 103 -" $030/" XÊ1ÇHJOB


1žHJOB

+VFWFT EF PDUVCSF EF

6/" '*&45"

$0/40-*%"%"

µ/%*$&

+6&7&4 %& 0$56#3& %&

"13&/%*&/%0 -0 #ª4*$0 %& -" 'º3.6-" 6/0

-"4 &45".1"4 26& )" %&+"%0 -" ' &/ .±9*$0

1*-0504 : &4$6%&3µ"4 26& 1305"(0/*;"3ª/ &- (1.9

-04 70-"/5&4 53*$0-03&4 13&4&/5&4 &/ &- (3"/ $*3$0

&45&#"/ (65*±33&; .ª4 -*("%0 26& /6/$" "- (3"/ 13&.*0

6/ 53";"%0 26& )" &70-6$*0/"%0 $0/ &- 5*&.10

z26± %*$&/ -04 1305"(0/*45"4 %& -" '

&- $".10 %& #"5"--" 1"3" -04 "6504 .ª4 7&-0$&4

-" 3&$0.1&/4" 1"3" &- ("/"%03 %& -" $"33&3"

6/ &7&/50 1-"("%0 %& -"4 .ª4 (3"/%&4 -&:&/%"4

53&4 &%*$*0/&4 53&4 (3"/%&4 '*&45"4

&- (3"/ 13&.*0 %& .±9*$0 /0 &45ª &9&/50 %& -" 10-±.*$"

-"4 )";"¹"4 %&- )±30& -0$"-

-&8*4 )".*-50/ 7*&/& " 3&1&5*3 $0.0 $".1&º/

6/" %& -"4 À-5*."4 &9)*#*$*0/&4 %& "-0/40

&M NFKPS (SBO 1SFNJP EFM BÖP FTUÇ EF WVFMUB Z FT FO .ÃŽYJDDP B FS TJE BC JEP P FM FMFH FHJE FH JEP JE P DP DPNP NP FM M NF NFKP KPS S (SBO (S BO 1SFFNJ NJP P EV P VSB BOU O F F USFT USSFT UFN FN QPSB QP S EB E T DP DPOT O FD OT FDVU VUJW VU JWWBT IB B QV QVFT FT FT UP B MB B DB DBSS S FS SS FSB B EF E .¹Y EF ¹YJD JDDP P FO FO MPT P PKPT PK PT EFM NVO OEP EP &M (SBO SBO 1SFN 1SSFN NJP P EF F .¹ .¹YJ YJDP DP DVN VNQM Q JS² FT UF GJO EF F TFFNB N OB MB B DV DVBS BSUB UB EF F TV TV VT DJ D ODP P DDJJUB U T Q DU QB D BE BEBT BTT Z Z BM BM JHV VBM RVF FO O FM DBN B QF Q ÂO O EFFM M NV VOE OEP P TF QVFFEF P E EFGJO FGGJOJS OJS FO O MB MB B QJT JTUB UB B EFM F "V V UÂ ÂES ESPN PN P NP )F ) SN SNBO BOPT BO PT 3PE PT PES½ S½HV S½ ½HV HVF[ F[ -B QFSGF G DUB B DP D NCJO NC CJO J BD BDJÂ JÂO JÂ O FO OUS U F F WF WFMP MPDJ DJ EB BE E Z Z FM FMM DPM P PS PSJE JEP P EFF MB B BG B JD JDJÂ JÂO ON NFFYJJDB D OB B IB B DFO DF O EF E M EF M (SSBO 1SF SFNJ NJP P EF .¹Y YJD JDP P MB MB GJF JFTU TUB B QP Q S S FY YDF DFMF MFFOD O JB J EF F MB N²Y ² JN JNB B DB BUF UFHP H S½ HP S½B B EF EFMM EFF QPSU QP SUFF NP N UUP NP PS S Z DPN PNP P IB I PDV DVSS SSJE JJE EP P FO O TVT V FEJ EJ DJPO DJ POFT FT BOU O FS FSJP JPSF S T TF SF F FT F QF QFSB SB RVFF FO FTTUB B PQPS PQ PSUV UVOJ UV OJEB EBE EB E MB E B BDDDJÂ JÂO O QPS MB B RV VF NJ NJMF MFTT FT FTQF QF SB BO OP P EF EFGS GSBV GS BVEF EF



1 HJOB 1 1 H HJJOB OB

++V +VFWFT EF PDUVCSF EF VFW FWFT WF FTT E EF F PDUVC DUV DU VC CSSF F EF F

'º3.6-" 6/0

)ÒQFS TVBWFT &M DPNQVFTUP NÇT CMBOEP Z WFMP[ RVF TF FNQMFB FO MB '×SNVMB 6OP "EFDVBEB QBSB UP EPT MPT DJSDVJUPT RVF FYJHFO BMUPT OÒWFMFT EF BHBSSF

1"3" /07"504 ."34)"--4 6OP EF MPT QVFTUPT NÇT JNQPSUBOUFT EFOUSP EF MB DBSSFSB FTUÇ PDV QBEP QPS DJFOUPT EF WPMVOUBSJPT &MMPT TF FODBSHBO EF PQFSBS MBT HSÝBT NPTUSBS MBT CBOEFSBT SFUJSBS MPT BVUPT BWFSJBEPT EF MB QJTUB FOUSF PUSBT GVODJPOFT 4F SFDPOPDFO QPSRVF FTUÇO WFTUJEPT EF PWFSPMFT OBSBO KBT Z DIBMFDPT CMBODPT

i%3*7& 5306()v &T VOP EF MPT DBTUJHPT BQMJDBEPT B MPT QJ 1"%%0$, &T MB [POB EPOEF MPUPT EVSBOUF MB DBSSFSB Z DPO TF FODVFOUSBO MPT DPNFEPSFT TJTUF FO UFOFS RVF QBTBS EF Z [POBT EF EFTDBOTP EF MBT FT NBOFSB PCMJHBUPSJB QPS MB [P DVEFSÒBT %FTEF FTUF MVHBS TF OB EF QJUT TJO OFDFTJEBE EF DBNCJBS OFVNÇUJDPT

JOHSFTB B MPT HBSBKFT 10-& 104*5*0/ &T MB QSJ NFSB QPTJDJ×O EF TBMJEB &M QJMPUP RVF PDVQB FTUF TJUJP FT FM RVF PCUVWP FM NFKPS UJFN QP FO MB DBMJGJDBDJ×O

/0.&9 &T FM OPNCSF DPO FM RVF TF DPOPDF BM USBKF RVF VUJMJ [B FM QJMPUP &TUÇO FMBCPSBEPT EF VO DPNQVFTUP SFTJTUFOUF BM GVF HP Z IBTUB QPS UFNQFSBUVSBT EF DFOUÒHSBEPT

"("33& 4F VUJMJ[B QBSB EFUFS NJOBS D×NP TF DPNQPSUB VO OFVNÇUJDP TPCSF MB QJTUB TFHÝO MBT DPOEJDJPOFT EF MB NJTNB IÝNFEB TFDB NPKBEB

1 *5 -"/& ;POB EPOEF TF 76&-5" 13&7*" &T MB WVFM FODVFOUSBO MPT HBSBKFT EF UB RVF TF SFBMJ[B BM DJSDVJUP BO MPT FRVJQPT UFT EF MB DBSSFSB 4F DBMJFOUBO MPT OFVNÇUJDPT Z MPT BVUPT UP NBO MBT QPTJDJPOFT RVF PCUV WJFSPO EVSBOUF MB DBMJGJDBDJ×O

$)*$"/" &T FM QVOUP EF MB QJT UB FO EPOEF TF KVOUBO EPT DVSWBT DFSSBEBT FO GPSNB EF i4v RVF SF EVDFO MBT WFMPDJEBEFT EF MPT NP OPQMB[BT $PNÝONFOUF TF FO DVFOUSBO BM GJOBM EF VOB SFDUB

+6&7&4 %& 0$56#3& %&

MPT DPNQVFTUPT EF OFVNÇUJDPT RVF QSFTFOU× 1JSFMMJ QBSB FM DBNQFPOBUP EF '×SNVMB 6OP EF FTUF BÖP

'*" &T MB 'FEFSBDJ×O *OUFS OBDJPOBM EFM "VUPN×WJM

6MUSB TVBWFT *EFBMFT QBSB DJS DVJUPT DFSSBEPT TJO FNCBSHP BVO RVF QSPQPSDJPOBO VO DBMFOUBNJFOUP SÇQJEP TV EFTHBT UF UBNCJÎO FT JO NFEJBUP

4ÝQFS TVBWFT &T FM UFSDFS DPN QVFTUP NÇT TVB WF JEFBMFT QBSB QJTUBT FO DPOEJ DJPOFT GSÒBT

4VBWFT &T VOP EF MPT DPNQVFTUPT NÇT VUJMJ[BEPT QVFT UJFOF VO FYDFMFO UF SFOEJNJFOUP Z EVSBCJMJEBE

$"-*'*$"$*º/ &T MB TFTJ×O EFM GJO EF TFNBOB EF VO (SBO 1SFNJP FO MB RVF TF EFUFSNJOB FM PSEFO FO FM RVF BSSBODBSÇO MPT DPNQFUJEPSFT FO DBSSFSB 4F SFBMJ[BO USFT TFTJPOFT FO MBT RVF EF BDVFSEP B MPT UJFNQPT TF WBO FMJNJOBOEP DPNQFUJEPSFT 1BSB MB UFSDFSB TFTJ×O RVFEBO T×MP BVUPT FO QJTUB &M RVF SF HJTUSF FM NFKPS UJFNQP TBMESÇ FO MB QPTJDJ×O EF QSJWJMFHJP

"650 %& 4&(63*%"% &TUF BVUP TF VUJMJ[B DVBOEP IBZ BM HÝO JODJEFOUF DPO MPT NPOPQMB [BT FO MB DBSSFSB " TV TBMJEB SF HVMB MB WFMPDJEBE EF MPT DPNQFUJEPSFT FO MP RVF TF MJN QJB MB QJTUB P TF SFUJSB BMHÝO DP DIF /JOHÝO QJMPUP QVFEF SFBMJ [BS SFCBTFT DVBOEP FTUF BVUP FTUÇ FO QJTUB

8FU *EFBMFT DVBOEP MBT DPOEJDJPOFT EF MMVWJB TPO GVFSUFT Z IBZ FODIBSDB NJFOUPT FO QJTUB

*OUFSNFEJBT 4F VUJM[BO FO DPOEJDJPOFT EF MMVWJB MFWF

4ÝQFS EVSBT

%VSBT

4F QSFTFOU× DPNP VOB PQDJ×O FO DB TP EF RVF FM SFO EJNJFOUP EF MPT DPDIFT OP GVFSB FM JEFBM QFSP OP TF IB VUJMJ[BEP

&M TFHVOEP DPN QVFTUP NÇT EVSP EF MB HBNB JEFBM QBSB DJSDVJUPT DPO DVSWBT EF BM UB DBSHB BFSPEJ OÇNJDB Z SÇQJEBT

.FEJBT *EFBM QBSB MPT DJS DVJUPT SÇQJEPT Z DPO BMUBT UFNQF SBUVSBT


+VFWFT EF PDUVCSF

1 HJOB

&M (SBO 1SFNJP FO JNÇHFOFT

/Á.&30 6/0 /JDP 3PTCFSH DFMFCSB BM TBMJS EF TV .FSDFEFT USBT HBOBS MB DBSSFSB EF

3&$*&/5& .BY 7FSTUBQQFO FT FM DBNQFØO SFJOBOUF EFM (SBO 1SFNJP EF .ÏYJDP &O EJP VOB HSBO FYIJCJDJØO EF QPEFS

.0/"3$" &M B×P QBTBEP -FXJT )BNJMUPO BNBSSØ TV DVBSUP UÓUVMP BM UFSNJOBS OPWFOP FO MB DBSSFSB

&- $0-03 -PT WPMVOUBSJPT NFYJDBOPT RVF QBSUJDJQBSPO DPNP NBSTIBMMT FO DFMFCSBSPO DPO UPEP FM ÏYJUP EF MB DBSSFSB

"5&/504 #FSOJF &DDMFTUPOF J[R FOUPODFT QBUSØO EF MB ' DPOWFSTB FO DPO &OSJRVF 1F×B /JFUP Z "MFKBOESP 4PCFSØO

&/ -0 "-50 -FXJT )BNJMUPO GVF FM HSBO USJVOGBEPS FO MB FEJDJØO EF FTUB DBSSFSB

+6&7&4 %& 0$56#3& %&

-04 )²30&4 &O MB FEJDJØO EF 4FSHJP 1ÏSF[ J[R Z &TUFCBO (VUJÏSSF[ GVFSPO WJUPSFBEPT FO FM 'PSP 4PM EVSBOUF FM EFTGJMF QSFWJP B MB DBSSFSB


1 HJOB

+VFWFT EF PDUVCSF EF

-04 1305"(0/*45"4 %&- "4'"-50 .FSDFEFT ".( 1FUSPOBT .PUPSTQPSU 8

4DVEFSJB 'FSSBSJ 4' )

"TUPO .BSUJO 3FE #VMM 3BDJOH 3#

3FOBVMU 4QPSU ' 5FBN 3 4

)BBT ' 5FBN 7'

.D-BSFO ' 5FBN .$-

3BDJOH 1PJOU 'PSDF *OEJB

+6&7&4 %& 0$56#3& %&

7+.

3FE #VMM 5PSP 3PTTP )POEB 453

"MGB 3PNFP 4BVCFS ' 5FBN $

8JMMJBNT .BSUJOJ 3BDJOH '8

1JMPUP -FXJT )BNJMUPO /ÝNFSP

1JMPUP 7BMUUFSJ #PUUBT /ÝNFSP

5FNQPSBEBT

5FNQPSBEBT

1JMPUP 4FCBTUJBO 7FUUFM /ÝNFSP

1JMPUP ,JNJ 3BJLLPOFO /ÝNFSP

5FNQPSBEBT

5FNQPSBEBT

1JMPUP %BOJFM 3JDDJBSEP /ÝNFSP

1JMPUP .BY 7FSTUBQQFO /ÝNFSP

5FNQPSBEBT

5FNQPSBEBT

1JMPUP /JDP )VMLFOCFSH /ÝNFSP

1JMPUP $BSMPT 4BJO[ /ÝNFSP

5FNQPSBEBT

5FNQPSBEBT

1JMPUP 3PNBJO (SPTKFBO /ÝNFSP

1JMPUP ,FWJO .BHOVTTFO /ÝNFSP

5FNQPSBEBT

5FNQPSBEBT

1JMPUP 'FSOBOEP "MPOTP /ÝNFSP

1JMPUP 4UPGGFM 7BOEPPSOF /ÝNFSP

5FNQPSBEBT

5FNQPSBEBT

1JMPUP 4FSHJP 1ÎSF[ /ÝNFSP

1JMPUP &TUFCBO 0DPO /ÝNFSP

5FNQPSBEBT

5FNQPSBEBT

1JMPUP 1JFSSF (BTMZ /ÝNFSP

1JMPUP #SFOEPO )BSUMFZ /ÝNFSP

5FNQPSBEBT

5FNQPSBEBT

1JMPUP .BSDVT &SJDTTPO /ÝNFSP

1JMPUP $IBSMFT -FDMFSD /ÝNFSP

5FNQPSBEBT

5FNQPSBEBT

1JMPUP -BODF 4USPMM /ÝNFSP

1JMPUP 4FSHFZ 4JSPULJO /ÝNFSP

5FNQPSBEBT

5FNQPSBEBT


+VFWFT EF PDUVCSF

6O MFHBEP QBSB

1 HJOB

-PT QJMPUPT NFYJDBOPT IBO EFKBEP TV BQPSUF B MB N YJNB DBUFHPSªB EFM EFQPSUF NPUPS

-" )*4503*"

.

¹YJDP TF DBSBDUFSJ[B QPS TFS VO QB½T RVF TF BQB TJPOB B MP HSBOEF QPS FM EFQPSUF NPUPS "T½ MP IB EFNPTUSBEP B MP MBSHP

EF MPT BÁPT QFSP DVBOEP IBCMBNPT EF 'ÂSNVMB 6OP IBZ VOB QBTJÂO FTQFDJBM : TJ TF USBUB EF UFOFS SFQSFTFOUBDJÂO FO MB N²YJNB DBUFHPS½B FM QB½T IB UFOJEP EJHOPT FNCBKBEPSFT FO MBT NFKPSFT QJTUBT

3*$"3%0 30%3µ(6&;

EFM NVOEP JODMVJEB MB EF DBTB EPOEF TF WJWF UPEP EF NBOFSB FTQFDJBM " MP MBSHP EF MB SJDB IJTUPSJB EF MB 'ÂS NVMB 6OP TFJT QJMPUPT NFYJDBOPT IBO UF OJEP MB GPSUVOB EF DPSSFS FO FTUB DBUFHPS½B

1&%30 30%3µ(6&;

EFNPTUSBOEP RVF FO OVFTUSP QB½T IBZ NB EFSB QBSB DPNQFUJS BM NFKPS OJWFM 6OPT DPO NBZPSFT HMPSJBT RVF PUSPT QFSP UPEPT FMMPT IBDJ¹OEPMP EJHOBNFOUF Z QPOJFOEP FO BMUP FM OPNCSF EF .¹YJDP

.0*4±4 40-"/"

3FTQPOTBCMF EF BCSJSMF MBT

DBUFHPSÒB DPO 'FSSBSJ

)FSNBOP EF 3JDBSEP IJ[P

MB DBUFHPSÒB IBTUB MB

+VOUP DPO MPT IFSNBOPT

DBQJUBMJOP QBSUJDJQ× FO PDIP

QVFSUBT EF MB '×SNVMB 6OP FO .ÎYJDP 3JDBSEP FT VOB

4V GJOBM GVF USÇHJDP BM NPSJS FO MBT QSÇDUJDBT EFM (SBO

DSFDFS MB TFNJMMB RVF TF IBCÒB DVMUJWBEP BÖPT BUSÇT

BQBSJDJ×O EF 4FSHJP 1ÎSF[ %VFÖP EF TJFUF QPEJPT FOUSF

3PESÒHVF[ 4PMBOB WJWJ× MB QBTJ×O EF MB '×SNVMB 6OP

(SBOEFT 1SFNJPT TFJT EF FMMPT FO .ÎYJDP Z BVORVF

EF MBT HSBOEFT MFZFOEBT EFM

1SFNJP EF .ÎYJDP FO

QVFT QPS EÎDBEBT TF

FMMPT EPT WJDUPSJBT VOB EF

EFTEF TVT QSJNFSBT ÎQPDBT

OP DPSSJ× DPO MB NFKPS EF MBT

BVUPNPWJMJTNP EFM QBÒT EFCVU× FO MB NÇYJNB

QFSP BM TFS QJPOFSP EFTQFSU× HSBOEFT JMVTJPOFT

NBOUVWP DPNP FM NFYJDBOP DPO MPT NFKPSFT SÎDPSET FO

ÎTUBT FO FM NÒUJDP DJSDVJUP EF 4QB 'SBODPSDIBNQT

QVFT DPSSJ× FO MB EÎDBEB EF MPT BÖPT TFTFOUB &O UPUBM FM

TVFSUFT TV BQPSUF FO MB DBUFHPSÒB FT EF SFNBSDBSTF

4&3(*0 1±3&;

&45&#"/ (65*±33&;

+6&7&4 %& 0$56#3& %&

)±$503 "-0/40 3&#"26&

"EFNÇT EF IBCFS BQBSFDJEP

FO MB IJTUPSJB EF MB NÇYJNB

&M QJMPUP NFYJDBOP NÇT

1ÎSF[ .FOEP[B IB NJMJUBEP

&M SFHJPNPOUBOP TJHVF

DPMBCPSBS DPO .FSDFEFT FTUF

DPNP QJMPUP B GJOBMFT EF MB

DBUFHPSÒB FM i5FBN

DPOTUBOUF FO MB IJTUPSJB EF

FO USFT FTDVEFSÒBT Z B MP

FTQFSBOEP MB PQPSUVOJEBE

BÖP )B TJEP UJUVMBS FO USFT

EÎDBEB EF MPT BÖPT TFUFOUB Z 3FCBRVFv RVF T×MP UVWP VOB QSJODJQJPT EF MPT PDIFOUB QBSUJDJQBDJ×O PGJDJBM

MB '×SNVMB 6OP FT UBQBUÒP Z TJHVF DPTFDIBOEP MPT GSVUPT

QFSGFDUB QBSB SFHSFTBS B MBT MBSHP EF PDIP UFNQPSBEBT IB BDVNVMBEP PDIP QPEJPT Z QJTUBT EF MB '×SNVMB 6OP

3FCBRVF GVF EVFÖP EF MB

&O DBSSFSBT MPHS×

EF TV FTGVFS[P FO MB NÇYJNB DVFOUB ZB DPO NÇT EF

TJO FNCBSHP OP IB FTUBEP

Z )BBT BDVNVMBOEP

ÝOJDB FTDVEFSÒB NFYJDBOB

QVOUPT FO FM (SBO $JSDP

DBUFHPSÒB

EFTMJHBEP EF FMMB BM

BQBSJDJPOFT

(SBOEFT 1SFNJPT DPSSJEPT

UFNQPSBEBT DPO EPT FTDVEFSÒBT EJTUJOUBT 4BVCFS


&.#"+"%03 1ย HJOB

%& -6+0 / P JNQPSUB TJ FT EFUSยฒT EFM WPMBOUF P BCBKP EFM NP OPQMB[B &TUFCBO (VUJยน SSF[ UJFOF NVZ DMBSP TV PCKFUJWP DPOUBHJBS TV QBTJร O Z BNPS QPS MB 'ร SNVMB 6OP B UPEPT MPT NFYJDBOPT $PO FTUP FO NFOUF FM QJMPUP SFHJPNPOUBOP FTUBSยฒ QSFTFOUF FO FM (SBO 1SFNJP EF .ยนYJ DP QFSP OP WFTUJSยฒ TV OPNFY Z TV DBT DP QPSRVF FO FTUB PDBTJร O FTUBSยฒ BIยฝ DPNP FNCBKBEPS EFM FWFOUP i&TUPZ NVZ FOUVTJBTNBEP EF TF HVJS BQPZBOEP FM BVUPNPWJMJTNP FO OVFTUSP QBยฝT FT VO IPOPS DPNQBSUJS NJ QBTJร O DPO UPEPT MPT BGJDJPOBEPT 1BSB FTUB FEJDJร O UFOFNPT NVDIBT TPSQSFTBT IFNPT FTUBEP IBDJFOEP NVDIBT BDUJWBDJPOFT BDFSDยฒOEPOPT B MPT GBOT RVF QBSB Nยฝ FT VOP EF MPT QVOUPT NยฒT JNQPSUBOUFTw "VORVF BDUVBMNFOUF &TUFCBO FTUยฒ USBCBKBOEP DPO MB FTDVEFSยฝB .FS DFEFT QBSB SFHSFTBS B MB QJTUB OP QJFS EF EF WJTUB MB JNQPSUBODJB EF TV QBQFM

+6&7&4 %& 0$56#3& %&

WVFMUBT BM DJSDVJUP MBT RVF TF EBO FO FM (SBO 1SFNJP EF .ร YJDP

Eร BT EF BDUJWJEBEFT FO QJTUB

NJM NJMMPOFT EF QFTPT EF EFSSBNB FDPOร NJDB EFKร MB FEJDJร O

EFOUSP EF FTUB i' &45"w &TUยฒ JOWPMV DSBEP DPO MB GVOEBDJร O i.PWFNCFSw RVF FTUF Bร P IJ[P VOB BMJBO[B FTUSBUยน HJDB DPO MB PSHBOJ[BDJร O EFM (SBO 1SF NJP EF .ยนYJDP QBSB DSFBS DPODJFODJB TPCSF MB TBMVE NBTDVMJOB i2VFSFNPT JODSFNFOUBS Z DSFBS DPODJFODJB EFM FTUBEP NFOUBM EF MPT IPNCSFT RVF B WFDFT TPNPT VO QPDP DFSSBEPT FO FM UFNB FYQSFTJWP :P NF JEFOUJGJDP NVDIP DPO MB JOJDJBUJWB QPS RVF QVFT FO FTUF FOUPSOP Bร O IBZ NV DIP QPS NFKPSBSyw $PO FTUP FO NFO UF EFOUSP EFM FWFOUP IBCSยฒ EJTUJOUBT NFDยฒOJDBT Z BDUJWBDJPOFT FO MBT RVF (VUJยนSSF[ FTUBSยฒ QSFTFOUF 1BSB &TUFCBO FM FWFOUP RVF TF DFMFCSB FO MB $JVEBE EF .ยนYJDP UJFOF VO TJHOJGJDBEP FTQFDJBM QBSB MPT QJMP UPT HSBDJBT B MPT BGJDJPOBEPT i5PEPT TF TPSQSFOEJFSPO DPO MB PSHBOJ[BDJร O DPO MP JODSFยฝCMF RVF GVF FM FWFOUP MB FOFSHยฝB MB DBMJEF[ IVNBOB FT MP RVF UFOFNPT MPT NFYJDBOPT RVF IBDF TFO UJS NVZ CJFO B MPT FYUSBOKFSPT

DVSWBT FO FM USB[BEP EFM "VUร ESPNP )FSNBOPT 3PESร HVF[

PDBTJPOFT FO MBT RVF TF IB DPSSJEP VO (SBO 1SFNJP EF ' FO .ร YJDP

NJMMร O NJM QFSTPOBT IBO BTJTUJEP BM ")3 FOUSF MPT USFT BOUFSJPSFT (1

+VFWFT EF PDUVCSF EF

&TUFCBO (VUJยฆSSF[ DVNQMJSย VO SPM FTQFDJBM FO FM (SBO 1SFNJP EF .ยฆYJDP



1ย HJOB

+VFWFT EF PDUVCSF EF

+0:" %&- "650.07*-*4.0

+6&7&4 %& 0$56#3& %&

&M QSJJNF NFS S DB D NC CJP

"EJร T B MB 1FSBMUBEB

%F QSJNFS NVOEP

1BSB R 1BS B VF F MB B 'ร S 'ร SNVM NVMMB 6 6OP OP MMF OP MM HBS MMF HBSB B B B .ร .ร YJD YJDP F P F FO O MMPT PT Bร P Bร T

&O MB ร QP ร QPDB DB SFD SFDJFOUF TF EFDJEJร J QPS QBSUF EF MPT

-B ร MU -B ร MUJNB JNB HS HSBO BO SFN SFNPEF PEFMBD MB Jร O EF EFM " "VUร ESPNP NP )FSNBOPT

T FOUB Q TFT B QPS PS QSJ QSJNFS NFSB W NF B WF[ F[ TF UV UVWP WP RVF V NP N EJG JGJDB J S F JDB S FMM

EJTFร B EJT Fร BEPSFT F EF MB QJT QJTUB TU SFU FUJSB JS S MMB D B VSW S B 1 B 1FSB FSBMUBEB MB DV DVBM

3PESร H 3PE Sร HVF[ VF GVF VF QBS QBSB S B FDJCJS EF OVFWB DVFOUB Z USBT Bร PT EF

USB SB[BE [BEP P P P PSJH S JOB JOBM C M CVTD VTDBOE BOE EP B P BEBQ EBQ BQUBS UBSTF UBS TF BM TF B SFU BM SFUP E SF P E EFQP FQPSUJ S WP SUJ W Z DVN NQMJ Q S DPO S DPO MBT OP S D OPSNB S SNB T E EF T F TFHV FH SJE FHV SJEBE BE DP BE PNP MB DVSWB

BZVEBCB B B B B B RV R F M F MPT PT QJM PT QJMPUP PU T MMFH FHBSB BSBO B O B MB NF NFUB UB DPO NB NBZPS ZPS WF PDJ WFM DJEBE EBE Z Z BIP BIPSB PSB QP Q S F S FMM DPOU DPOUUSBS SBSJP JP FT FTUB UB QBS QBSUF EFM E

BVT O JB B MB 'ร SNVMB 6OP FO &M USB[BEP TVGSJร DBNCJPT BVTFOD JNQ N PSUBOUFT GV G F PCKFUP EF VO

.PJTร T .P T 4P 4PMBO MBOB B RVF BO BOUFT UFT FS FSB M B B D B M B DVSW VSWB F B FTQJ TQ Q SBM S M MB D B DVBM VBM TF F

US [BE USB [BEP P MMFW MMFW MFWB F B FM O FM OPNC PNC CSF EF /JH /JHFM FMM .BO FM .BO .BOTFM TFMM M RVF RVF BOUFD UFDFEF

SFBTGBMUBEP Z TF USB[BSPO

DFSSBC DFS SBC BCB B B B BM T M TFS FS S VO SBE SBEJP JP EF JP EFD FDSFD SF JFO J UF UF BM BMHP HP P RVF FSSB NVZ B N NVZ VZ SJF JFTHP THPTP THP TP QBS TP TP QBSB QBS B MMB B B T TFHV FH SJE JEBE EBE EF EF F MPT MPTT QJ QJMPU MPUPT MP MPU PT T

B MB S B M B FDU B S FDUB Q B QSJO B Q SJODJQ SJO D BM DJQ B FT FTUP UP P DPO FM PC PCKFU KFUJWP JWP EF SF SFEVD EVDJS JS MPT MPT BDDJEF BDD JEFOUF JEF OUFT R OUF T RVF T VF BOU BOUFT BIร BO B PD P VSS VSSร BO ร BO

OVF OVFWBT ร SFBT EF FTDBQF Z TFHVSJ TFH VSJEBE EBE BM B SFE EFEPS EF MB QJTUB

DMBNBEP QPS MPT FY FY FYQF YQ QFFS S UPT DPNP VOP EF MPT T(S (SBO (S SBO BO EFT 1SFNJPT NยฒT JNQPSUUBO O UFT OP Tร MP QPS FM FTQFFDUUยฒD ยฒDVM VMP RVF PGSFDF QPS TV HFOUF Z QPSS FM M CV C VFO BNCJFOUF RVF QSFWBMFDF FM EF .ยนYJDP DVFOUB FFO O DPO O VOB EF MBT NFKPSFT QJTUBT EF MB DBUFHPSยฝB VOB VO EF &M NยฝUJDP "VUร ESPNP )FSNBOPT 3PESยฝHVF[ VCJDBEP FO FM NB NB NB DSPD P PNQMFKP EFQPSUJWP $JVEBE %FQPSUJWB .BHEBMFOB .JYIVDB FO FM M 4 SPSJFOUF EF MB $JVEBE EF .ยนYJDP IB TJEP FTDFOBSJP EF HSBOEFT HFTUBTT FO 4V O FFMM NVOEP EFM EFQPSUF NPUPS Z FO MB ยนQPDB NPEFSOB MVDF QPS MB DBMJEBE EF F TV TVT T JOTUBMBDJPOFT &M DPNQMFKP GVF DPOTUSVJEP FO Z FT QSPQJFEBE EFM (PCJFSOP EF MB $JVEBE EF .ยนYJDP &T VOP EF MPT DJSDVJUPT NยฒT WFMPDFT EF MB 'ร SNVMB 6OP Z EFCF TV OPNCSF DPNP IPNFOBKF B MPT IFSNBOPT 3JDBSEP Z 1FESP 3PESยฝHVF[ DPOTJEFSBEPT MPT NFKPSFT QJMPUPT NFYJDBOPT EF 'ร SNVMB 6OP FO MB EยนDBEB EF Z IB QBTBEP QPS BMHVOBT USBOTGPSNBDJPOFT JNQPSUBOUFT QBSB BMCFS HBS FO USFT ยนQPDBT EJTUJOUBT B MB NยฒYJNB DBUFHPSยฝB EFM EFQPSUF NPUPS

053" "4 $ $"5&(03ยต" "4 26& )" "-#&3 3("%0 &- ")3 3 X $BNQFPOBUP .VOEJBM EF 3FTJTUFODJB X 'ร SNVMB & X $IBNQ $BS X /"4$"3 /BUJPOXJEF 4FSJFT X /BTDBS .ร YJDP X " (SBOE 1SJY X $BNQFPOBUP *.4" (5


&- (3"/ 13&.*0 &/ '3"4&4 4FSHJP 1ÏSF[ 1JMPUP EF 'PSDF *OEJB

1 HJOB

'FSOBOEP "MPOTP 1JMPUP EF .D-BSFO

$BSMPT 4BJO[ 1JMPUP EF 3FOBVMU

4PZ NVZ BGPSUVOBEP EF -B CJFOWFOJEB RVF $PNP QJMPUP BNP WFS FTUB DPNQFUJS FO NJ QBÒT GSFOUF SFDJCJNPT FO MB $JVEBE EF QBTJ×O Z TBCFS RVF TFSÇ VO B NJT BGJDJPOBEPT 4V .ÎYJDP FT EF MBT NFKPSFT GJO EF TFNBOB FTQFDJBM &M BQPZP TJHOJGJDB NVDIÒTJNP EFM NVOEP SFBMNFOUF 'PSP 4PM FT GBOUÇTUJDP BM QBSB NÒ Z FT JOTQJSBEPS WFS QVFEFT TFOUJS MB DBMJEF[ EF JHVBM RVF MBT HSBEBT RVF B UPEPT POEFBS MB CBOEFSBv MPT GBOT FO UPEP FM DJSDVJUPv TJFNQSF FTUÇO MMFOBTv

3PESJHP 4ÈODIF[ %JSFDUPS EF NFSDBEPUFDOJB

-FXJT )BNJMUPO 1JMPUP EF .FSDFEFT

5PEP NVOEP SFDPOPDF RVF MB EF .ÎYJDP FT MB NFKPS DBSSFSB EF '×SNVMB 6OP %F NBOFSB NVZ IVNJMEF FT MP RVF IFNPT FTDVDIBEPv

i&TQFSP IBCFS PGSFDJEP VOB CVFOB DBSSFSB B MPT BGJDJPOBEPT NFYJDBOPT RVF TPO MPT NFKPSFT EFM NVOEPv

4JS +BDLJF 4UFXBSU .VMUJDBNQFØO EF '

"MFKBOESP 4PCFSØO 1SFTJEFOUF $*&

/JDP )VMLFOCFSH 1JMPUP EF 3FOBVMU

%BOJFM 3JDDJBSEP 1JMPUP EF 3FE #VMM

4JO EVEB FM BDUJWP NÇT WBMJPTP DPO FM RVF DPOUBNPT DPNP PSHBOJ[BEPSFT EFM (SBO 1SFNJP EF .ÎYJDP FT MB BGJDJ×O NFYJDBOBv

i&TUBNPT FNPDJPOBEPT QPS MB DBSSFSB QPSRVF TJFNQSF FT VO HSBO BNCJFOUF MB HFOUF FT NVZ DÇMJEB FM BNCJFOUF RVF TF WJWF FT FTQFDJBMv

i-B HFOUF NFYJDBOB FT NVZ BMFHSF Z NVZ BNBCMF FTUPZ NVZ DPOUFOUP EF WPMWFS B .ÎYJDP BNP B FTUF QBÒTv

/JHFM .BOTFMM $BNQFØO EF ' FO

&NFSTPO 'JUUJQBMEJ #JDBNQFØO EF '

+P 3BNÓSF[ -FZFOEB NFYJDBOB EF '

4FSÇ VO (SBO 1SFNJP RVF WB B FTUBS QPS NVDIPT BÖPT QPS VOB CVFOB JOGSBFTUSVDUVSB MB TFHVSJEBE EFM DJSDVJUP MB TVQFSGJDJFv

.F TJFOUP NVZ PSHVMMPTP EF TFS NFYJDBOP Z WFS MP RVF IBO IFDIP 4JFNQSF IB IBCJEP VOB HSBO BGJDJ×O BM BVUPNPWJMJTNP Z MB HFOUF FTUÇ FYQMPUBOEPv

$SFP RVF MB SFTJMJFODJB EF MB 5PEPT MPT GBOÇUJDPT HFOUF EF .ÎYJDP IB TJEP NFYJDBOPT UPEP FM QBÒT NBSBWJMMPTB Z UPEB MB QVFEFO TFOUJSTF PSHVMMPTPT DPNVOJEBE EF MB '×SNVMB EF MP RVF IBO IFDIP DPO 6OP IB NPTUSBEP TV FTUF DJSDVJUP FM ")3 FT SFTQFUPv JNQSFTJPOBOUFv

+6&7&4 %& 0$56#3& %&

+VFWFT EF PDUVCSF


5&.1-0 7&-0; -B SFNPEFMBEB QJTUB EFM "VU°ESPNP )FSNBOPT 3PESªHVF[ QFSNJUF EJTGSVUBS EF VO (SBO 1SFNJP QMBHBEP EF WFMPDJEBE FTEF RVF TF BOVODJÂ FO KVMJP EF RVF MB 'ÂSNV -B QJTUB EFM "VUÂESPNP )FSNBOPT 3PES½HVF[ FTU² DPO MB 6OP SFHSFTBCB B .¹YJDP TF TBC½B DPO BOUJDJQB GJHVSBEB QBSB UBM QSPQÂTJUP HSBDJBT B MB BMUVSB EF MB $%.9 Z DJÂO RVF FO MB DBQJUBM EFM QB½T TF EJTGSVUBS½B EF BMHV B MB MBSHB SFDUB MB N²T FYUFOTB EFM DBMFO OBT EF MBT N²T BMUBT WFMPDJEBEFT EF UPEB MB DBUFHPS½B EBSJP DPO MB RVF DVFOUB FT UB JOTUBMBDJÂO

%



1 HJOB

+VFWFT EF PDUVCSF EF

.FEJEBT "M JHVBM RVF FO FM QFTP MBT NFEJEBT UBNCJÎO IBSÇO EJTUJODJPOFT FOUSF FM HBOBEPS Z FM SFTUP EFM Q×EJVN QVFT FM QSJNFS MVHBS TF MMFWBSÇ VO USPGFP EF DFOUÒNFUSPT EF MBSHP NJFOUSBT RVF FM TFHVOEP Z UFSDFS QVFTUP SFDJCJSÇO VOP EF

1FTP &M USPGFP UFOESÇ EPT QFTPT EJTUJOUPT ZB RVF FM HBOBEPS SFDJCJSÇ VOP EF DJODP LJMPHSBNPT NJFOUSBT RVF FM TFHVOEP Z UFSDFS MVHBS TF MMFWBSÇO VOP EF DVBUSP LJMPT

5JFNQP EF GBCSJDBDJ×O &MBCPSBS FTUF USPGFP DPOMMFWB EPT NFTFT EF QMBOFBDJ×O Z DVBUSP EF FMBCPSBDJ×O

-P RVF SFQSFTFOUB 4V EJTFÖP USJVOGBM WFSUJDBM Z RVF BQVOUB IBDJB FM DJFMP MP DPOWJFSUF FO VO PCKFUP QPUFOUF FO EPOEF TF SFQSFTFOUB MB GVFS[B Z MB WFMPDJEBE EFM ÇHVJMB QSPUBHPOJTUB EFM FTDVEP OBDJPOBM

+6&7&4 %& 0$56#3& %&

&O FTUF USPGFP DPOWJWFO MPT NFUBMFT Z MBT QJFESBT QSFDJPTBT ZB RVF FT VOB BMFBDJ×O EF DPCSF Z QMBUB DPO VOB CBTF EF DVBS[P B[VM WFSEPTP MMBNBEP BWFOUVSJOB FM USPGFP EFM HBOBEPS UBNCJÎO DVFOUB DPO VO WFSNFSJM EF PSP

*."(&/

&M USPGFP EFM .¦YJDP (1 QSFTFOUB VOB DBSB EJTUJOUB QFSP RVF FKFNQMJGJDB MB JNQPSUBODJB EF FTUF FWFOUP PNP TJ BMHP GBMUBSB QBSB RVF FM (SBO 1SFNJP EF .ÀYJDP TF NBOUVWJFSB FOUSF MPT NFKPSFT EFM NVOEP QBSB FTUB FEJDJÎO FM USPGFP EF DBNQFÎO MVDJSµ VOB FEJDJÎO SFOPWBEB RVF QSPNFUF TFS EFM BHSBEP EF QSPQJPT Z FY USBÍPT QVFT QBSB FTUF BÍP FM HBMBSEÎO UFOESµ VO EJTF ÍP FTQFDUBDVMBS FO EPOEF TF NF[DMBSµO MPT NFUBMFT Z QJFESBT QSF DJPTBT DPO FM BGµO EF UFOFS VOB DPQB B MB BMUVSB EF MBT DJSDVOTUBODJBT Z RVF IBCMF EF MB JNQPSUBODJB RVF FTUF FWFOUP UJF OF EFOUSP EFM DBMFOEBSJP EF MB DBUFHPSÅB SFJOB EFM EFQPSUF NPUPS

$

/JDP 3PTCFSH &O MB UFNQPSBEB FM BMFNÇO /JDP 3PTCFSH .FSDFEFT GVF FM QSJNFS HBOBEPS FO MB UFSDFSB FUBQB EFM (SBO 1SFNJP EF .ÎYJDP

-FXJT )BNJMUPO &MBCPSBEP QPS 5BOF VOB DPNQBÖÒB PSGFCSF EF MB $JVEBE EF .ÎYJDP DPO NÇT EF BÖPT EF IJTUPSJB FO FTUF HJSP BMSFEFEPS EF NBFTUSPT BSUFTBOPT USBCBKBO FO MB SFBMJ[BDJ×O EF FTUB DPQB

&M QJMPUP CSJUÇOJDP DPORVJTU× .ÎYJDP FO Z DPO FMMP MPHS× BMBSHBS MB QFMFB QPS FM UÒUVMP DPO /JDP 3PTCFSH TV FOUPODFT DPFRVJQFSP

.BY 7FSTUBQQFO %FTEF MB QSVFCB EF DBMJGJDBDJ×O FM IPMBOEÎT NPTUS× TV EPNJOJP EF MB QJTUB NFYJDBOB Z FO GVF FM HSBO DBNQF×O EF MB DBSSFSB

%6&¹04 %&- 530'&0

.BUFSJBM EF FMBCPSBDJ×O

.*4.0 %&4&0 /6&7"



1 HJOB

+VFWFT EF PDUVCSF EF

$BNQFPOFT EF MFZFOEB &O .¦YJDP IBO USJVOGBEP BMHVOBT EF MBT N T HSBOEFT GJHVSBT EF MB IJTUPSJB EF MB '°SNVMB 6OP FTEF TVT JOJDJPT FO MPT BÁPT TFTFOUB FM (SBO 1SFNJP EF .¹ YJDP IB TJEP FM FTDF OBSJP EPOEF IBO CSJ MMBEP BMHVOBT EF MBT N²T HSBOEFT GJHVSBT EFM BVUPNPWJMJTNP &O MB QSJNFSB GBTF EFM (SBO 1SFNJP MPT QSPUB HPOJTUBT FO MB .BHEBMFOB .JYIVDB GVFSPO GJHVSBT EF MB FSB SPN²OUJDB EFM EFQPSUF NPUPS &M FTDPD¹T +JN $MBSL DPOTJ EFSBEP FM NFKPS QJMPUP EF MB ¹QP DB TF MMFWÂ FO MB QSJNFSB FEJDJÂO EF MB DBSSFSB Z SFQFUJS½B MB QSPF[B FO -B EF GVF VOB EF MBT QP DBT WJDUPSJBT FO 'ÂSNVMB 6OP QB SB FM WFST²UJM %BO (VSOFZ VO CSJ MMBOUF QJMPUP Z DPOTUSVDUPS RVF HBOÂ DBSSFSBT FO *OEZ $BS /"4 $"3 $BO "N Z 5SBOT "N TJO NFODJPOBS MBT IPSBT EF -F .BOT &O GVF FM UVSOP EF +PIO 4VSUFFT FM ÈOJDP QJMPUP FO MB IJT UPSJB RVF IB MPHSBEP HBOBS U½UV MPT NVOEJBMFT EF 'ÂSNVMB 6OP Z NPUPDJDMJTNP (SBIBN )JMM ÈOJDP EVFÁP EF MB USJQMF DPSPOB EFM BVUPNPWJ MJTNP TF BEKVEJDÂ MB DPNQFUFO

%

DJB FO VO USJVOGP RVF TJHOJ GJDÂ BEFN²T TV TFHVOEP DBN QFPOBUP NVOEJBM -B TFHVOEB GBTF EFM (SBO 1SFNJP NFYJDBOP FOUSF Z UVWP QSPUBHPOJTUBT JHVBM NFOUF MFHFOEBSJPT "VORVF MB QJTUB EFM "VUÂESP NP )FSNBOPT 3PES½HVF[ QBSF D½B OP TFOUBSMF CJFO "ZSUPO 4FO OB TVCJÂ B MP N²T BMUP EFM QPEJP FO "MBJO 1SPTU TV FUFSOP SJWBM IBC½B HBOBEP MB DBSSFSB VO BÁP BOUFT Z MB HBOBS½B EF OVFWP FO .JFOUSBT 4FOOB EFGJO½B MB DBSSFSB FO .¹YJDP DPNP iGBUJHP TBw /JHFM .BOTFMM QBSFD½B FO DPOUSBSMB FYVMUBOUF &O FM CSJU²OJDP SFBMJ[Â VOP EF MPT SFCB TFT N²T UFNFSBSJPT FO MB IJTUPSJB EF MB 'ÂSNVMB 6OP BM TVQFSBS DPO VO UFNQMF EF UPSFSP B (FSIBSE #FSHFS FO MB UFNJEB DVSWB 1FSBMUBEB QBSB RVFEBSTF DPO FM TFHVOEP MVHBS i*M -FPOFw DPNP FT BQPEBEP QPS MPT TFHVJEPSFT EF 'FSSBSJ IBC½B HBOBEP MB FEJDJÂO EF Z SFQFUJS½B MB IB[BÁB FO QP OJFOEP GJO DPO TV USJVOGP BM TF HVOEP DBQ½UVMP EF MB IJTUPSJB EF MB 'ÂSNVMB 6OP FO .¹YJDP

+6&7&4 %& 0$56#3& %&

-04 ("/"%03&4 %&- (3"/ 13&.*0 %& .±9*$0

+JN $MBSL

%BO (VSOFZ

3JDIJF (JOUIFS

+PIO 4VSUFFT

+JN $MBSL

(SBIBN )JMM

%FOOZ )VMNF

+BDLZ *DLY

(FSIBSE #FSHFS

/JHFM .BOTFMM

"MBJO 1SPTU

"ZSUPO 4FOOB

"MBJO 1SPTU

3JDBSEP 1BUSFTTF

/JHFM .BOTFMM

/JDP 3PTCFSH

-FXJT )BNJMUPO

.BY 7FSTUBQQFO


+V + +VFWFT EF PDUVCSF VF VFW FWWF FTT EF PDU D VC DU CSF F

FTTEF EF TV SFFHS HSFT SFT FFTTP P B B .ยนYJDP FO .ยน MB 'ร S ร SN NVMB VMB 6OP OP TF IB DPOW OWFSU SUJ U EP FO VOP EF EF MPT FT EF QFDD UยฒDVMPT MPT PTT E FQPSUJWPT T NยฒT FTQFSBEPT QP FT SB QPS UPEPT MPT BG BGJ DJPOBEPT OBDJP JPOBMFT Z OP Z OP FT QBSB NFOPT OP F T ZB RVF FM (SSBO O $JSDP DP FT VOB BVUยนOUJDB FT VO B GJFTUB QBSB UPEP EP EPT PT MPT BN T MPT BNBOUFT EFM EFQP BNBOUFT E PS UF NPUPS Z Bร P ร P ร P DPO Bร P IB DV P O Bร P IB DVNQ QMJEP DPO MBT FYQFDUBU BUJW BU JWBT EF MPT GBOยฒUJDPT F MPT GBOยฒUJDPTT PSHB OJ[BEPSFTT Z EF MPT QSPQJPT QJMPU SPQJPT QJMPU PUPT T

1ย HJOB 1ย ย HJOB B

" MP MBSHP E EF MB IJTUPSJB B MB DB DBQJ Q UBM UB BM M EF EFMM QBยฝT IB B BMCFSH SHB BEP B MB NยฒYJN B JNB B DB B DBUF UFHP HPSยฝ PSยฝB S EFM BVUPNP NPWJ WJMMJTN NP EVSBOU OUF F PDB DBTJ TJPO POFT T FO MBT BT RVF MB B BESF SFFOB OBMJ MJOB OB FM ESB S NBUJTNP Z MB WFMPDJEBE IBO MPH MB PHSBEP E DPO OUB UBHJBS B MPT NFY FYJDBOPT BM HSBE EP EF DPOW OWFS F UJS B FTUF FWFOUP OUP DPNP MB NFKP P KPS DPNQF QFUJ U DJร O BVUP NPWJ WJMยฝTUJD UJDB EFM Bร P TFHร Hร O MB MB 'FEFSBDJร O *O UFSO SOBDJPOBM BM EF "VUPNPWJMJ WJMJTNP '*"

-VFHP EF VOB QSP SPMP MPOH MP OHBE OH B B BV BVTFOD TFFOD ODJB JB B QBSFD Q SFDJFSB RV RVF F FM FM (SB SBO O 1S 1SFN FN NJP P EF F .ยน . Y .ยน YJJ DP DP IB MM MMFHBE EP QB QBSB SB RVFEBSTF F ZB RV RVF F MP MPTT NPN PNFOUP UPT RVF TF F IB IBO O WJWJEP EVS VSBO BOUF UF MBT BT ร MUJN NBT USSFT FT FEJ E DJPOFT TF IB IBO O HS HSBCBEP DPO MFUUS USBT BT EF PSP FO MPT MJCSP F P PT T EF MB Nยฒ YJNB DBUF BUFHPSยฝB

-" ' &45" &/ 3&53041&$5*7" -B TFHVOEB WF[

$BNQFร O FO UJFSSBT B[UFDBT

&M EF OPWJFNCSF EF FM "VUร ESPNP )FSNBOPT "VORVF FO FTUB PDBTJร O IVCP NFOPS Oร NFSP EF BTJTUFOUFT

-B FEJDJร O NBSDร BM "VUร ESPNP )FSNBOPT

3PESร HVF[ SFDJCJร EF OVFWB DVFOUB B MB 'ร SNVMB 6OP &O MP

MB GJFTUB GVF JOPMWJEBCMF -B DBSSFSB GVF HBOBEB -FXJT

3PESร HVF[ QVFT BIร FM CSJUร OJDP -FXJT )BNJMUPO EF

RVF SFTQFDUB B MB DPNQFUFODJB /JDP 3PTCFSH TF RVFEร DPO FM QSJNFS MVHBS

)BNJMUPO RVJFO UFSNJOBSร B FM DBNQFPOBUP FO TFHVOEP MVHBS EFUSร T EF /JDP 3PTCFSH

.FSDFEFT MPHSร TV DVBSUB DPSPOB FO MB 'ร SNVMB 6OP .PNFOUP DMBWF VO DPOUBDUP FOUSF 4FCBTUJร O 7FUUFM Z FM

.PNFOUP DMBWF FO BRVFMMB PDBTJร O 3PTCFSH MPHSร FM iIBU

.PNFOUP DMBWF FM UFSDFS QVFTUP UVWP RVF EFDJEJSTF FO MB

QSPQJP )BNJMUPO FO MB BSSBODBEB UFSNJOร QPS SFMFHBS B

USJDLv EF MB DPNQFUJDJร O ZB RVF DPOTJHVJร MB QPMF QPTJUJPO NFTB ZB RVF MBT TBODJPOFT B .BSY 7FSTUBQQFO Z B FO MB DBMJGJDBDJร O BEFNร T EF SFHJTUSBS MB WVFMUB Nร T 4FCBTUJBO 7FUUFM NPWJFSPO FM PSEFO FO FM RVF UFSNJOร MB

BNCPT QJMPUPT IBTUB MBT ร MUJNBT QPTJDJPOFT BVORVF FM DVBSUP MVHBS EFM BMFNร O Z FM OPWFOP EFM CSJUร OJDP

Sร QJEB Z FM QSJNFS MVHBS EF MB DBSSFSB

QVTJFSPO FM Uร UVMP FO MBT WJUSJOBT EF .FSDFEFT

DPNQFUFODJB %BOJFM 3JDDJBSEP TF RVFEร DPO FTF QVFTUP

+6&7&4 %& 0$56#3& %&

&M SFHSFTP


1 HJOB

+VFWFT EF PDUVCSF EF

z'3&/0 %& ."/0

$PO FM DBNCJP EF BENJOJTUSBDJ°O GFEFSBM WJFOFO MBT EVEBT FO UPSOP B MB DPOUJOVJEBE EFM (SBO 1SFNJP BDF VO QBS EF NFTFT DVBOEP SF DJ¹O TF BOVODJÂ RVF "OB (B CSJFMB (VFWBSB TFS½B MB QSÂYJNB UJUVMBS EF MB $PNJTJÂO /BDJPOBM EF $VMUVSB '½TJDB Z %FQPSUF $P OBEF VOP EF MPT UFNBT RVF TF QVTJFSPO TP CSF MB NFTB Z RVF DBVTÂ NPMFTUJB FO VO HSBO TFDUPS EF MPT BGJDJPOBEPT GVF MB DPOUJOVJEBE EF MB 'ÂSNVMB 6OP FO .¹YJDP 1FTF B RVF FTUF FWFOUP TF IB QPTJDJP OBEP DPNP VO EFUPOBEPS JNQPSUBOUF EFM UVSJTNP FO FM QB½T MB FY WFMPDJTUB IB EFT

)

DPOGJBEP RVF FM (SBO 1SFNJP EF .¹YJDP FO SFBMJEBE TFB VO OFHPDJP SFEJUVBCMF QBSB MB OBDJÂO Z QPS FMMP BOBMJ[BS½B MB QPTJCJMJEBE EF EFKBS EF SFBMJ[BSMP &TUB QPTUVSB EF (VFWBSB B QFTBS EF RVF FTUBCB DJNFOUBEB FO MB OFDFTJEBE EF JNQVMTBS FM DSFDJNJFOUP EFQPSUJWP BOUFT RVF MPT FWFOUPT EF HSBO OJWFM GVF TFWFSBNFOUF SFQSPCBEB QPS MPT BGJDJP OBEPT RVF FTQFSBSPO BÁPT QBSB WPM WFS B UFOFS FO FM QB½T B MB DBUFHPS½B SFJ OB EFM BVUPNPWJMJTNP

*ODFSUJEVNCSF 4×MP VOPT EÒBT EFTQVÎT EF TV OPNCSBNJFOUP MB IPZ EJQVUBEB DBVT× TV QSJNFSB DPOUSPWFSTJB FO UPSOP BM (SBO 1SFNJP %FTEF MB ×QUJDB EF MB TPOPSFOTF MB JOWFSTJ×O RVF SFBMJ[B FM QBÒT QBSB MB DFMFCSBDJ×O EF FTUF FWFOUP FT EFNBTJBEB B QFTBS EF RVF TF FTUJNB RVF FM FWFOUP IB EFKBEP HBOBODJBT NBZPSFT B MPT NJM NJMMPOFT EF QFTPT FO QSPNFEJP QPS BÖP

-F SFTUBO QPEFS /P UBSEBSPO FO TVSHJS MBT WFSTJPOFT RVF MF SFTUBSPO QPEFS B MB $POBEF TPCSF FM (SBO 1SFNJP QVFT BVORVF (VFWBSB TFÖBM× RVF BOBMJ[BSÒBO MB QPTJCJMJEBE EF DPSUBS FTUF FWFOUP EFTQVÎT TF BDMBS× RVF MB DPOUJOVJEBE EF MB '×SNVMB 6OP T×MP EFQFOEÒB EF MB DPPQFSBDJ×O FOUSF MB 4FDSFUBSÒB EF 5VSJTNP 'FEFSBM MB $JVEBE EF .ÎYJDP Z MB JOJDJBUJWB QSJWBEB

"TFHVSBO MB DPOUJOVJEBE 5SBT MBT QBMBCSBT EF (VFWBSB WJOJFSPO MBT EF .JHVFM 5PSSVDP QS×YJNP TFDSFUBSJP EF 5VSJTNP RVF FM (SBO 1SFNJP EF .ÎYJDP TF IBSÇ FO Z %FTQVÎT EF FTUF UJFNQP TV DPOUJOVJEBE EFQFOEFSÇ EF MPT HBTUPT QSFTVQVFTUPT Z QSJPSJEBEFT EF MB OVFWB

+6&7&4 %& 0$56#3& %& +6 6& &7 7& &4 4 %& & 0 0$ $56 6#3 #3& & %& %&

BENJOJTUSBDJ×O



1ย HJOB

+VFWFT EF PDUVCSF EF

FTEF TV SFHSFTP B .ยนYJDP MB 'ร SNVMB 6OP IB UFOJEP VOB DPOTUBOUF RVF MMFOB EF PSHV MMP B UPEPT MPT BGJDJPOBEPT NFYJDBOPT B FTUB DBUFHPSยฝB FO DBEB VOB EF TVT FE EJDJP JPOFT MB QJTUB EFM "VUร ESPNP )FSNBOPT 3PESยฝHV VF[ F[ IB UFOJEP B VO QJMPUP EF DBTB 4F USBUB EFM UBQBUยฝP 4FSHJP i$IFDPw 1ยนSF[ RVJFO IB QBS UJDJQBEP FO FM (SBO 1SFNJP EF .ยนYJDP SFQSFTFOUBOEP B MB FT DVEFSยฝB 'PSDF *OEJB FO Z &M KBMJTDJFOTF IB GPSNBEP P QB QBSU QBSU SUFF EF EF MB QBSSJMMB EF TBMJEB Z DPN PN QMFUBEP UPEB MB DPNQFUJDJร O FFO FO MBT B USFT PDBTJPOFT FO MBT RVF VF FM i(SBO O $JSDPw IB MMFHBEP B MB DB BQ QJU JB BMM EFM QBยฝT "VORVF OP IB UFOJEP MP PT SF SFT FTV TVMUBEPT RVF FTQFSBC BCB B 1ยนSF[[ .FOEP[B FT QPS PCWJBT SB[PO PO OFT FT V VO VOP EF MPT QJMPUPT DPO POTF TFOU OUJEPT PT EFM Qร CMJDP RVF MF EFNVFTUSB B TTV TV DBSJร P FO DBE EB B PD PDBT BTJร Jร O O RV VF F QV Q F EF :B TFB FO FM EFTGJ GJMF EF F QJ Q MP PUP UPTT EVS VSBOUF MB BSSBODBE BEB B P B TV QB B TP QPS FM 'PSP 4PM QFSP S FM BQPZ ZP P Z BGFDUP IBD Z BDJB FM IยนSPF MPDBM TJFN N QSF IB FTUBEP QSFTFOUF Z ยนMM IB SFDPNQFOTBEP DPO QVOUPT BM M BDVN NVM V BS VO V JEBE EFT FT FOUSF MBT BT USF S T QB QBSUJDJQ QBDDJP JPOF OFT T EFM UBQBUยฝ UยฝP

+6&7&4 %& 0$56#3& %&

&O TV QSJNFSB WF[ FO .ร YJDP FM UBQBUร P MPHSร UFSNJOBS EFOUSP EF MPT NFKPSFT BM GJOBMJ[BS MB DPNQFUFODJB FO FM PDUBWP MVHBS i$IFDPw UFSNJOร QPS EFMBOUF EF 3PNBJO (SPTKFBJO Z .BY 7FSTUBQQFO Z QPS EFUSร T EF RVJFO FOUPODFT GVFSB TV DPFRVJQFSP FM BMFNร O /JDP )VMLFOCFSH

1BSB MB TFHVOEB FEJDJร O 1ร SF[ OP QVEP TVQFSBS MP IFDIP VO Bร P BOUFT Z BM GJOBM DPODMVZร TV QBSUJDJQBDJร O FO FM Eร DJNP MVHBS "VORVF DPNQJUJร FO UPEP NPNFOUP DPO 7BMUUFSJ #PUUBT Z 'FMJQF .BTTB FM QJMPUP MPDBM UFSNJOร QPS NFUFSTF B MB [POB EF QVOUPT

$IFDP WJWJร FTUF Bร P MB RVF IB TJEP TV NFKPS QBSUJDJQBDJร O FO FM (SBO 1SFNJP EF .ร YJDP &M UBQBUร P MPHSร MMFHBS B MB NFUB FO FM Tร QUJNP QVFTUP BTFHVSBOEP FM DVBSUP TJUJP EFM DBNQFPOBUP EF DPOTUSVDUPSFT QBSB TV FTDVEFSร B KVOUP DPO FM RVJOUP TJUJP EF &TUFCBO 0DPO

QJMPUPT NFYJDBOPT IBO DPSSJEP VO (1 FO UFSSJUPSJP OBDJPOBM MBT QBSUJDJQBDJPOFT EF 1ร SF[ FO VO (SBO 1SFNJP EF .ร YJDP

MPT QVOUPT RVF IB DPOTFHVJEP $IFDP FO TVFMP NFYJDBOP

MB NFKPS QPTJDJร O RVF 1ร SF[ IB MPHSBEP FO FM ")3


+VFWFT EF PDUVCSF

1 HJOB

4&¹03

4FSHJP 1ÏSF[ QJMPUP 'PSDF *OEJB

'PSDF *OEJB IB TJEP NJ IPHBS EFTEF Z NF IB QFSNJUJEP DSFDFS DPNP QJMPUP Z NPTUSBS NJ UBMFOUP FO MB QJTUBv

'03$& */%*" 4FSHJP 1¦SF[ MMFHB B .¦YJDP DPO VO OVFWP DPOUSBUP CBKP FM CSB[P DPO MB FTDVEFSªB DPO MB RVF IB TJEP N T QSPEVDUJWP O MB DPSUB IJTUPSJB EF 'PSDF *O EJB DPNP FTDVEFS½B OP IBZ QJMPUP N²T QSPEVDUJWP RVF 4FSHJP 1¹SF[ RVJFO DPOGJSNÂ RVF FO DPSSFS² TV TFYUB UFNQPSBEB DPO FTUF FRVJQP &M QJMPUP UBQBU½P TF IB DPOWFSUJEP FO VO IPNCSF DPOTUBOUF DPO FTUB FTDVEFS½B Z IB MPHSBEP FYQSJNJS BM N²YJNP MPT SFDVS TPT RVF FM NJTNP FRVJQP MF IB FOUSFHBEP QPS FMMP TF IB WJTUP SFDPNQFOTBEP

&

4FSHJP IB DPOGJSNBEP TV QPTJDJ×O DPNP VOP EF MPT QJMPUPT NÇT UBMFOUPTPT Z DPOTJTUFOUFT FO MB ' v

(SBOEFT 1SFNJPT MPT RVF 4FSHJP 1ÎSF[ IB DPSSJEP DPNP QJMPUP EF 'PSDF *OEJB

5PQ MPT RVF FM QJMPUP UBQBUÒP IB MPHSBEP DPO 'PSDF *OEJB TVNBOEP QVOUPT

1PEJPT MPT RVF 1FSF[ .FOEP[B IB DPOTFHVJEP DPO 'PSDF *OEJB UPEPT FMMPT EF UFSDFS MVHBS

(SBOEFT 1SFNJPT DPSSJEPT

(SBOEFT 1SFNJPT DPSSJEPT

(SBOEFT 1SFNJPT DPSSJEPT

(SBOEFT 1SFNJPT DPSSJEPT

(SBOEFT 1SFNJPT DPSSJEPT

QVOUPT EFM DBNQFPOBUP

QVOUPT EFM DBNQFPOBUP

QVOUPT EFM DBNQFPOBUP

QVOUPT EFM DBNQFPOBUP

QVOUPT EFM DBNQFPOBUP

QPEJP

QPEJP

QPEJPT

QPEJPT

QPEJP

+6&7&4 %& 0$56#3& %&

)BTUB BOUFT EF FTUF (SBO 1SFNJP EF .¹YJDP $IFDP IB DPSSJEP FO DBSSFSBT Z TVNBOEP QVOUPT DPO DJODP QPEJPT RVF QPS NVDIP IBO TVQFSB EP MPT RVF FTUF FRVJQP UFO½B EFTEF BOUFT EF MB MMFHBEB EFM KBMJTDJFO TF RVF FSB VOP TÂMP FO TFJT BÁPT

0UNBS 4[BGOBVFS EJSFDUPS 'PSDF *OEJB


7*&/& 103 &- 26*/50 1ย HJOB

+VFWFT EF PDUVCSF EF

MM QS QSร Y QSร Y QS ร YJN JNP JN P EP EPNJ NJOH O P OH P .ยน . YJ YJDP DP P QPE PESยฝ ES B B DP DPOW OWFS OW FSSUJST STFF FO FO O VOP EF VO EFF MPT MVH VHBS BSFT BS FT EFU FUFS FSNJ SNJ NJOB O OUUFFTT FO OB O MBB DBS BSSF SFFSBB EF SFSB F -F )B -FXJT )B -F ) NJ NJMU MUUPO PO QV QV Q VFT FM CSJUUยฒO ยฒOJDDP P QP Q ES ESยฝB ยฝB PCU ยฝB CUFO FOFFSS TV FO FOFS RVJOUP UยฝUVMP NVOEJBM RVF TFSยฝB BEFNยฒ NยฒT FM TFH HVO OEP RVF RV F TF F TF TF BEK EKVE VE VEJD EJDB JDDB EF E NBO BOFS FSB FS B DP DPOT DP OTTFD FDVU DVU V JWB JWWB FO O MB B QJ QJTU TUBB EFMM "V EF "V "VUร Uร ES Uร ESPN ES PNP PN P )F P P )F )FSN )FSN NBO BOP PT 3PE PT ESยฝ S HV HVF[ F[ ") )3

3 )BNJ )B NJMU NJ MUPO MU MUPO O QVF VFEF EF BTF TFHV FHV HVSB VSB SBBSS FM F UยฝU ยฝUVM VMP FO O .ยนY ยนYJD JDDP P TJJFN FNQS QSF QSF QS ZZ DV DV DVBO OE EP P UFFSSNJ NJOF OFF EFO F US USP P EF EF MPTT TJF JFUF U QSJJNF UF NFSP FSPT SPT MV SP M HB HBSF SFT EF EF MBB DBSS DB SSFSB 2VFE 2V FEBO FE EBO BOEP EP FO Tยน TยนQU QUJN JNBB QP QPTJJDJJร O ) )BNJ NJMU MUPO MU P MMMFFHBBSยฝ PO SยฝB ยฝB BB QV Q VOU OUPT PT RV PT RVFF 4F 4FCB CBBTUUJB JBO O 7F O 7FUU UUFM FM DPO DP PO VO VO OJE EBE EFT BM NP NP N PNF NFOU OUUP

P O QPE OP ESยฝB SยฝยฝB JJH JHVB V MBS BVO TJ TJ HBOBS BSBB FM FM (SB SBO 1SFN NJP P EF F. .ยนยนYJJDP Z MPTT EPTT TJ EP T HV HVJF JFOU OUUFT FT FO #SB SBTJ TJM Z "CV %IBC BCJ J & FM IJ &O IJQP QP PUยน UยนUJ U DP DBT UJ BTP EF EFF RVFF )BN BNJM JMUP UP PO O BC B BO BOEP EPOB EP O SBB MB OB B DBB SSFS SS FSB B Tร M ร MP P FM FMM QSJ SJNF N S NF S MV MV VHB H S S FO O .ยนY ยนYJD JDP JD P QF QFSN QF NJU J JSSยฝB RVF VF 7FUUUF UFM M M TJ TJJHB TJHB H DPO DP O QP PTJJCJ C MJ MJEB EBEF EFT T NB NBUF UFFNยฒ NยฒUJ UJDB DBTT EF HBOBS BOBS FM MUยฝ UยฝUV UV VMP P &O O MB B QS QSFT FTTFO FOUF UFN FNQPSBEB )BN NJJMMUP U O Tร Tร ร MP P IB B BC BCBO BO OEP E OBBEP FO" FO "VTUS VTTU JB Z Z FOFM M SF S TU SF TUP PEFMMBT P BTDBS BSSF SFSB SBTT O OVODB B IB IBUUFS F NJ NJOB OBEP BEP EPN NยฒT ยฒT BCBKP EF EFM RV RV VJO JOUP UP P MVH VHBS &O MBTT USFT PDBTJPOF OFT OF T RV RVF IB DPNQFUJEP FO .ยน .ยนYJ YJDP P FM FM CSJ SJ UยฒOJDP IB HBBOB Uยฒ OBEP EP VO TFHVOEP MVHBS

VO V QSJNFFS MV VHB H S Z VO OPWFOP QVFTUP FM Bร P QBTBEP DVB V OEP PC PCUV UVWP W TV V DVBSUP UยฝUVMP FO O MB QJTUB EFM "V J " Uร ESPNP )FSN S BO B PT 3PESยฝHVF[ 6OB RVJOUB DPSPOB NVOEJBM QFSN NJU JUJS J ยฝBB B )BNJMUP PO JHVBMBBS BM MFHFOEBSJP +VBO .BOVFM 'BOHJP Z MP M QPOESยฝB B EPT UยฝยฝUVMPT EF .JDIBFM 4DIVNBDIFS FM Nยฒ N YJNP HBOBEPSS EF UยฝUV Uยฝ UVMP PT FO MB 'ร SNVMB 6O 6OP P $PO Bร PT Z Z DP DPO O MB MB FTD TDVEFS F ยฝBB NยฒT EPN NJO J BOUF EF MB FSBB IยฝCSJEB EF TV V MBEP BMDBO[BS B 4DIVN VNBD B IFS S FO O FM GV GVUVSP P OP QB SFDF EFTDBCFMMBEP QBSBB )BN BNJMUPO FM JOHMยนT RVF QPE ESยฝ SยฝB B DP D OWFSS UJSTF FO MFZFO FOEB FTUF EPNJOHP FO MB DJVEBE EF MPT EJ E PTFT

)BNJMUPO FT DBNQFร O TJ X ร 5FSNJOB FO DVBMRVJFS QP

TJDJร O FOUSF FM QSJNFSP Z Tร QUJNP MVHBS

+6&7&4 %& 0$56#3& %&

X 7FUUFM OP TVNB QVOUPT

1BSB RVF 7FUUFM TJHB FO MB QFMFB X ร /FDFTJUB HBOBS MB DBSSFSB Z

RVF )BNJMUPO RVFEF FO PDUB WP MVHBS P Nร T BCBKP

WJDUPSJBT MBT RVF UJFOF )BNJMUPO FO MB QSFTFOUF UFNQPSBEB

QPEJPT MPT RVF IB DPOTFHVJEP FM QJMPUP CSJUร OJDP FO TVFMP NFYJDBOP

QVOUPT EF WFOUBKB DPO MPT RVF MMFHB )BNJMUPO B MB DJUB FO FM ")3

Uร UVMPT NVOEJBMFT MPT RVF PTUFOUB FM RVF PTUFOUB FM QJMPUP CSJUร OJDP


+VFWFT EF PDUVCSF

1 HJOB

&- "%*º4

&TUF B®P 'FSOBOEP "MPOTP TF EFTQJEF EF MB ' Z .¦YJDP TFS VOB EF TVT ·MUJNBT FTDBMBT

&

M EF BHPTUP TFS² VOB GFDIB RVF RVFEBS² NBSDBEB FO MPT DPSB[POFT EF RVJFOFT TJHVFO B 'FSOBOEP "MPOTP QFSP OP UBO UP BT½ DPNP MP RVF PDVSSJS² FM QSÂYJNP EP NJOHP EF PDUVCSF DVBOEP FM QJMPUP BT UVSJBOP DPSSB QPS ÈMUJNB WF[ FO UFSSJUPSJP NFYJDBOP DPNP QJMPUP EF 'ÂSNVMB 6OP &M (SBO 1SFNJP EF .¹YJDP FO TV FEJ DJÂO TFS² FM NBSDP EF VO NFSFDJEP IPNFOBKF B VO QJMPUP RVF NBSDÂ ¹QPDB FO MB N²YJNB DBUFHPS½B EFM BVUPNPWJMJTNP Z RVF EFDJEJÂ QPOFSMF GJO B TV DBSSFSB DPO MB JOUFODJÂO EF FYQMPSBS FO PUSBT DBUFHP S½BT EFM EFQPSUF NPUPS BT½ DPNP FTUBS VO UBOUP EFTJMVTJPOBEP DPO MB 'ÂSNVMB 6OP ZB RVF FO MPT ÈMUJNPT BÁPT OP IB PCUFOJ EP MPT SFTVMUBEPT EFTFBEPT " TVT BÁPT EF FEBE 'FSOBO EP "MPOTP SFDJCJS² VO NFSFDJEP IP NFOBKF FO FM "VUÂESPNP )FSNB OPT 3PES½HVF[ EF MB $JVEBE EF .¹YJDP EVSBOUF FM (SBO 1SFNJP FO UFSSJUPSJP B[UFDB FO EPOEF TF FTUBS²O VUJMJ[BOEP N²TDBSBT DPO TV SPTUSP TJO FNCBSHP TV SFUJSP EFGJOJUJWP TFS² DVBOEP DPODMVZB MB UFNQPSBEB EFM (SBO $JSDP FM QSÂYJNP EF OPWJFNCSF FO FM (SBO 1SFNJP EF "CV %IBCJ &M IPZ QJMPUP EF MB FTDVEFS½B .D-B SFO DPNQJUF UPEBW½B FO MB RVF FT TV UFN QPSBEB FO MB 'ÂSNVMB 6OP EPOEF IB BDVNVMBEP WJDUPSJBT BT½ DPNP QP MFT Z QPEJPT FO TV DBSSFSB "EFN²T FO Z TF DPOWJSUJÂ FO DBNQFÂO EFM NVOEP DVBOEP DPSS½B QBSB 3FOBVMU

&M QFPS EFCVU QPTJCMF FO TVFMP NFYJDBOP

(SBOEFT 1SFNJPT FO MPT RVF FM QJMPUP FTQBÖPM IB QBSUJDJQBEP FO MB '×SNVMB 6OP

MPT UÒUVMPT NVOEJBMFT RVF "MPOTP IB GJSNBEP FO MB DBUFHPSÒB FTUPT FO Z BNCPT DPO MB FTDVEFSÒB 3FOBVMU

PDBTJPOFT FO MBT RVF FM QJMPUP FTQBÖPM TF IB TVCJEP B MP NÇT BMUP EFM QPEJP DPNP QJMPUP EF '×SNVMB 6OP

QPTJDJPOFT EF QSJWJMFHJP MBT RVF "MPOTP IB MPHSBEP DPORVJTUBS DPNP QJMPUP EF MB NÇYJNB DBUFHPSÒB

PDBTJPOFT FO MBT RVF FM BTUVSJBOP IB MPHSBEP TVCJSTF B VO QPEJP FO MB '×SNVMB 6OP

MPT BCBOEPOPT RVF IB TVGSJEP FM QJMPUP FTQBÖPM BM NJMJUBS DPO DVBUSP FTDVEFSÒBT .JOBSEJ 3FOBVMU 'FSSBSJ Z .D-BSFO

"HBSS×O

0USB DBSSFSB QBSB FM PMWJEP "VORVF OP BCBOEPO× MB FEJDJ×O EF OP UVWP OBEB EF CVFOB QBSB FM BTUVSJBOP %F FOUSBEB TBMJ× &O MB QSJNFSB PDBTJ×O RVF FM BTUVSJBOP QBSUJDJQ× FO FM (SBO

EF QBSSJMMB FO FM MVHBS TJO

&M BÖP QBTBEP "MPOTP DVMNJO× FO FM EÎDJNP MVHBS MPHSBOEP

1SFNJP EF .ÎYJDP FTUP FO TV DBSSFSB UVWP VO DBQÒUVMP QBSB FOUFSSBS "SSBOD× MB DPNQFUFODJB FO FM QVFTUP TJO

FNCBSHP DPOGPSNF BWBO[× MB QSVFCB TF GVF SF[BHBOEP

T×MP VO QVOUP FO MB QJTUB EFM "VU×ESPNP EF MPT )FSNBOPT 3PESÒHVF[ "RVFM EPNJOHP EF PDUVCSF EF "MPOTP CSJOE×

FNCBSHP UVWP RVF BCBOEPOBS BOUF MB QÎSEJEB EF QPUFODJB

IBTUB DVMNJOBS FO FM TJUJP VOP EF MPT NPNFOUPT NÇT FTQFDUBDVMBSFT EF FTB DBSSFSB

FO FM NPUPS BQFOBT FO MB QSJNFSB WVFMUB

MFKPT EF MPT QVOUPT

DVBOEP TF EJTQVU× FM OPWFOP TJUJP DPO -FXJT )BNJMUPO

+6&7&4 %& 0$56#3& %&

4& "$&3$"



Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.