DBGL1031CN LFG716R LFG719WKFG726X /)* 5 '%*/ &1 LFG716R /)* : LFG719W /)* 5 '%*/ &1 LFG719R /)* ; LFG716X DBGL7731CN LFG719R LFG716XKFG726R /)* : '%*/ &1 /)* ; DBGL5431CN LFG716W LFG716W LFG719X LFG719X %* ̷͕͉͕͙͉͕͑͋͘͡ ͎͇ ͚͖͕͙͈͇͗͌ &6 1£YRG N SRXŀLW¯ '$ %UXJVDQYLVQLQJ '( %HQXW]HULQIRUPDWLRQ (/ ˍˡˤˠ˜ˢ˯ ˔ˮ˛˰ˤ˯ (1 8VHU 0DQXDO (6 0DQXDO GH LQVWUXFFLRQHV (7 .DVXWXVMXKHQG ), .¦\WW¸RKMH )5 1RWLFH G XWLOLVDWLRQ +5 8SXWH ]D XSRUDEX +8 +DV]Q£ODWL ¼WPXWDWµ ,7 ,VWUX]LR
ZZZ HOHFWUROX[ FRP ̸̷̴̧̫̭̯̬́́ ̴̵̷̧̯̻̳̯̽͆ ̧̮ ̵̶̸̴̵̸̨̧̬̮̹ ̯ ̵̴̧̳̹̭ ̵̶̸̴̧̯̯̬ ̴̧ ̷̧̺̬̫ ̸̴̴̧̩̬̱̯̫̬̩ ̶̵̷̨̧̺̹̬ ̷̪̯̭̯ ̯ ̶̵̸̴̧̯̹̩̬̾ ̸̳̯̲̯̳ ̧̮ ̸̧̩ ̨͇͕͇͒͊͋͗͏͓ ̩͏ ͌͞ ͎͇͚͖͑͏͙͌͜ ͚͗͌͋ ͔͇ (OHFWUROX[ ̯͎͈͇͙͗͌͜ ͖͕͚͙͗͋͑ ͑
ЊУДЌЉЙКГБ ̵̶̸̴̧̯̯̬ ̴̧ ̷̧̺̬̫ ̶͗͌͊͒͌͋ ͔͇ ͕͔͙͕͔͑͗͒͏ͦ ͖͇͔͌͒ 1 2 3 4 5 6 7 Нмжгпбш ЗибкЩжбЮ +REt+RRG ̯͔͋͏͇͙͕͑͗ ͎͇ ͚͔͛͑͝͏͙͇ͦ ͎͇ ͚͖͇͉͔͗͒͌͏͌ ͔͇ ͇͖͇͑ಣ ͇͑ ͕͙ ͕͙͕͔͇͑͒ ̲͇͓͖͇ ̩͉͇͔͑͒ͥ͌͞ ͏ ͏͎͉͇͔͑͒ͥ͌͞ ͔͇ ͇͓͖͒͏ ̶͉͇͗͡ ͕͕͙͑͗͘͘ ͏͎͑͒ ̳͕͙͕͙͗͡ ͖͉͉͇͗͌͑͒ͥ͞ ͔͇ ͖͉͇͗͡ ͕͕͙͑͗͘͘ ̺͙͗͌͋͡ ͌͘ ͏͎͉͇͑͒ͥ͞ ͒͌͋͘ ͉͙͕͕͗ ͔͇͙͏͇͔͑͌͘ ̩͙͕͇͗ ͕͕͙͑͗͘͘ ̳͕͙͕͙͗͡ ͖͉͉͇͗͌͑͒ͥ͞ ͔͇ ͉͙͕͇͗ ͕͕͙͑͗͘͘ ̹͙͇͗͌ ͕͕͙͑͗͘͘ ̳͕͙͕͙͗͡ ͖͉͉͇͗͌͑͒ͥ͞ ͔͇ ͙͙͇͗͌ ͕͕͙͑͗͘͘ ̳͇͑͘͏͓͇͔͇͒ ͕͕͙͑͗͘͘ ̳͕͙͕͙͗͡ ͖͉͉͇͗͌͑͒ͥ͞ ͔͇ ͓͇͑͘͏͓͇͔͇͒ ͕͕͙͑͗͘͘ ̯͎͉͙͌͘͏͌ ͎͇ ͛
ZZZ HOHFWUROX[ FRP ̶͖͕͗͌͗͡͞͏͙͔͕͌͒ ͌ ͇͋ ͕͙͇͉͘͏͙͌ ͇͈͕͈͇͙͕͇͗͗͘ ͇͋ ͇͈͕͙͗͏ ͖͗͏͈͒͏͎͏͙͔͕͌͒ ͓͏͔͚͙͏ ͒͌͋͘ ͕͙͉͔͊͌͌ ̮͇ ͇͋ ͇͈͕͙͗͏͙͌ ͘ ͇͈͕͈͇͙͕͙͗͗͘͡ ̴͇͙͏͔͙͌͌͘ ͖͉͗͡͏ͦ ͈͚͙͕͔ ͎͇ ͕͕͙͑͗͘͘ ͖͕͍͔͗͋͒͌͡͏͌ ͔͇ ͚͔͌͑͋͘͏ ͉ ͚͇͒͐͘͞ ͌͞ ͛͏͙͙͒͗͡͡ ͎͇ ͓͇͎͔͏͔͏ ͏͓͇ ͔͚͍͇͋ ͕͙ ͖͕͞͏͙͉͇͔͌͘ ̯͔͋͏͇͙͕͙͑͗͡ ͔͇ ͛͏͙͇͒͗͡ ͖͓͗͌͏͉͇͊ ͉ ͖͕͍͔͗͋͒͌͡͏͌ ͔͇ ͚͔͌͑͋͘͏ ͇͕͑ ͛͏͙͙͒͗͡͡ ͘ ͇͙͑͏͉͔͌ ͉͔͊͒͌͡ ͙͈͉͇͗ͦ ͇͋ ͌͘ ͓͔͌ͦ͘ ͏͒͏ ͖͕͞͏͙͉͇͘ ̴͇͖͇͉͙͗͌͌ ͖͇͉͇͗͑͘ ͎͇ ͖͕͞͏͙͉͇͔͙͕͌͘ ͔͇ ͛͏͙͇͒͗͡ ͎͇ ͓͇͎͔͏͔͏ ͉ ͇͉͇͊͒ ಱ̶͕͞͏͙͉͇͔͌͘ ͏ ͊͗͏͍͇ಯ ͎͇ ͇͋ ͉͑͒ͥ͞͏͙͌ ͚͇͗͌͋ ̧͕͑ ͌ ͔͌
ЊУДЌЉЙКГБ ̷̪̯̭̯ ̯ ̶̵̸̴̧̯̹̩̬̾ ̨͍͌͒͌͑͏ ͕͙͔͕͔͕͘ ͖͕͞͏͙͉͇͔͙͕͌͘ ЖЮ баиздаЫЩвлЮ ЩЪйЩабЫжб изрбклЫЩтб ийЮиЩйЩлб б рЮлгб ̶͕͞͏͙͙͌͌͘ ͒͏͉͇͙͇͌͝ ͇͙͘͞ ͔͇ ͚͔͇͙͇͛͗ ͘ ͓͇͌͑ ͖͇͑͗͡ ͘ ͙͕͖͇͒ ͉͕ಣ ͇͋ ͏ ͒͌͑ ͖͖͇͇͙͗͌͗ ͎͇ ͖͕͞͏͙͉͇͔͌͘ ̸͒͌͋ ͕͙͉͔͊͌͌ ͔͕ͦ͑͏ ͇͙͘͞͏ ͔͇ ͚͇͗͌͋ ͓͕͇͙͊ ͇͋ ͌͘ ͔͇͙͊͗͌ͦ ̮͇ ͇͋ ͏͎͈͔͙͌͊͌͌ ͖͙͔͇͌ ͚͙͗͌͋͡ ͙͈͉͇͗ͦ ͇͋ ͌͘ ͕͇͒͋͜͏ ͏ ͏͎͚͘͟͏ ͘ ͞͏͙͇͘ ИйЮиЩйЩлб аЩ ͖͇͑͗͡ ͏͒͏ ͇͙͒͛͌͑͘͏ изрбклЫЩжЮ ̶͕͞͏͙͙͌͌͘ ͖͙͔͇͙͇͌ ͘ ͒͌͑ ͖͕͞͏͙͉͇͘͠ ͖͖͇͇͙͗͌͗ ̶͕͞͏͙͉͇͙͐͌͘ ͚͗͌͋͏͙͌ ͏ ͛͏͙͒͗͏͙͌ ͎͇ ͓͇͎͔͏͔͏ ͉͌͑͘͏ ͓͌͌͘͝ ̩͔͏ಣ ͓͇͙͔͕͌͒ ͖͕͞͏͙͉͇͙͐͌͘ ͓͇͎͔͏
ZZZ HOHFWUROX[ FRP ̶͕͞͏͙͙͌͌͘ ͛͏͙͒͗͏͙͌ ͘ ͖͕͓͕͙͇͠ ͔͇ ͈͇͊͡ ͏ ͔͇͈͇͎͌͗͏͉͔͏ ͖͖͇͇͙͗͌͗͏ ͏͒͏ ͉ ͕͓͋͘͡͏͔͇ͦ͒ ̸͕͓͋͡͏͔͇͙͇ͦ͒ ͙͈͉͇͗ͦ ͇͋ ͌ ͔͇͙͕͔͇͗͌͘ ͔͇ ͔͏͇͑͘ ͙͓͖͇͙͚͇͌͌͗͗ ͏ ͇͙͑͗͑͡ ͝͏͑͒͡ ̻͏͙͙͒͗͡͡ ͎͇ ͓͇͎͔͏͔͏ ͓͕͍͌ ͇͋ ͎͇͚͈͊͏ ͉͙͇͌͝ ͘͏ ͔͕ ͙͕͉͇ ͔͌ ͉͒͏ͦ͌ ͉͚͗͜͡ ͇͈͕͙͇͙͇͗ ͔͇ ͚͇͗͌͋ ̮͇ ͓͕͔͙͏͇͔͗͌ ͔͇ ͛͏͙͒͗͏͙͌ ͏͎͖͔͙͒͌͌͡ ͖͉͗͡͏͙͌ ͉͋͌ ͙͖͑͘͡͏ ͉ ͕͈͇͙͔͗͌ ͗͌͋ ̶͕͉͙͕͙͗͌͌ ͙͖͑͘͡͏͙͌ ͎͇ ͉͘͏͑͞͏ ͛͏͙͒͗͏ ͇͕͑ ͌ ͖͗͏͕͍͒͏͓͕ ̸͓͔͇ͦ ͔͇ ͛͏͙͇͒͗͡ ͘ ͇͙͑͏͉͔͌ ͉͔͊͒͌͡ ЋЖБЕЉЖБЎ ̻͏͙͙͒͗͡͡ ͘ ͇͙͑͏͉͔͌ ͉͔͊͒͌͡ ͔͌ ͙͈͉͇͗ͦ ͇͋ ͌͘ ͓͏͌ ̮͇ ͇͋ ͓͔͌͘͏͙͌ ͛͏͙͇͒͗͡
Î(6.< 2%6$+ %(=3(Î12671 ,1)250$&( $ ,167$/$&( 323,6 6327Ě(%,Î( '(11 328Ŀ91 Î,Ģ7Ü1 $ '5Ŀ%$ 0<6/0( 1$ 96 'ÝNXMHPH Y£P ŀH MVWH VL ]DNRXSLOL VSRWěHELÏ ]QDÏN\ (OHFWU
ZZZ HOHFWUROX[ FRP 323,6 6327Ě(%,Î( 3ěHKOHG RYO£GDF¯KR SDQHOX 1 2 3 4 5 6 7 )XQNFH 3RSLV +REt+RRG .RQWUROND IXQNFH RYO£G£Q¯ RGVDYDÏH SDU ] YDUQ« GHVN\ 2VYÝWOHQ¯ . ]DSQXW¯ D Y\SQXW¯ RVYÝWOHQ¯ 3UYQ¯ QDVWDYHQ¯ RWಣ £ÏHN Y\SQXWR 0RWRU SěHSQH QD SUYQ¯ QDVWDYHQ¯ RW£ÏHN 'UXK¿P VWLVNQXW¯P VH VSRWěHELÏ Y\SQH 'UXK« QDVWDYHQ¯ RW£ÏHN 0RWRU SěHSQH QD GUXK« QDVWDYHQ¯ RW£ÏHN 7ěHW¯ QDVWDYHQ¯ RW£ÏHN 0RWRU SěHSQH QD WěHW¯ QDVWDYHQ¯ RW£ÏHN 0D[LP£OQ¯ RW£ÏN\ 0RWRU SěHSQH QD P
Î(6.< VHNXQG MH QXWQ« Y\ÏLVWLW WXNRY¿ ILOWU 'RSRUXÏXMH VH QHFKDW RGVDYDÏ SDU ]DSQXW¿ MHģWÝ SěLEOLŀQÝ PLQXW SR GRNRQÏHQ¯ Sě¯SUDY\ M¯GOD 3RNXG NRQWUROND ILOWUX EOLN£ VHNXQG MH QXWQ« Y\PÝQLW QHER Y\ÏLVWLW XKO¯NRY¿ ILOWU -DN XY«VW GR SURYR]X RGVDYDÏ SDU 6SRWěHELÏ ]DSQHWH VWLVNQXW¯P SUYQ¯KR WODϯWND RW£ÏHN 9 Sě¯SDGÝ SRWěHE\ VWLVNQÝWH WODϯWNR SUR RVYÝWOHQ¯ YDUQ« SORFK\ 9 Sě¯SDGÝ SRWěHE\ ]PÝĊWH RW£ÏN\ VWLVNQXW¯P Sě¯VOXģQ«KR WODϯWND 6SRWěHELÏ Y\SQHWH RSÝWRYQ¿P VWLVNQXW¯P SUYQ¯KR
ZZZ HOHFWUROX[ FRP Î,Ģ7Ü1 $ '5Ŀ%$ 3R]Q£PN\ N ÏLģWÝQ¯ 1HSRXƿ¯YHMWH DEUD]LYQ¯ ÏLVWLF¯ SURVWěHGN\ D NDUW£ÏH 3RYUFK VSRWěHELÏH RWěHWH PÝNN¿P KDGě¯NHP QDPRÏHQ¿P Y UR]WRNX WHSO« YRG\ D ģHWUQ«KR P\F¯KR SURVWěHGNX ÎLVWLF¯ SUR഻ VWěHGN\ 3R YDěHQ¯ VH PRKRX QÝNWHU« Ï£VWL VSRWěHELÏH ]DKě£W $E\VWH ]DEU£ಣ QLOL VNYUQ£P PXV¯ VSRWěHELÏ Y\FKODGQRX D MH QXWQ« MHM Y\VXģLW ÏLVWRX O£WNRYRX QHER SDS¯URYRX XWÝUNRX 6NYUQ\ Y\ÏLVWÝWH SRPRF¯ ģHWUQ«KR ÏLVWLF¯KR SURVWěHGNX 6SRWěHELÏ D WXNRY« ILOWU\ ÏLVWÝWH NDŀG¿ PÝV¯
Î(6.< 9¿PÝQD XKO¯NRY«KR ILOWUX 9$5291 8KO¯NRY¿ ILOWU MH QHRP\YDWHOQ¿ 9¿PÝQD ILOWUX 9\MPÝWH WXNRY« ILOWU\ ]H VSRWěHELÏH 9L] ಱÎLģWÝQ¯ WXNRY«KR ILOWUXಯ Y W«WR NDSLWROH =DWODÏWH SěHGQ¯ KUDQX YH Y¿ěH]X VPÝUHP N GROQ¯ Ï£VWL ILOWUX 3ěHGQ¯ Ï£VW ILOWUX QDNORSWH P¯UQÝ GROı 3ěL LQVWDODFL QRY«KR ILOWUX SURYHÑWH VWHMQ¿ SRVWXS Y RSDÏQ«P SRěDG¯ 9 NDŀG«P Sě¯SDGÝ MH QXWQ« PÝQLW ILOWU\ QHMP«QÝ NDŀG« ÏW\ěL PÝV¯FH 9¿PÝQD ŀ£URYN\ 6SRWěHELÏ VH GRG£Y£ V ŀ£URYNRX W\SX /(' 7HQWR G¯O VP¯ Y\PÝQLW S
ZZZ HOHFWUROX[ FRP ,1'+2/'6)257(*1(/6( 6,..(5+('6,1)250$7,21 2* ,167$//$7,21 352'8.7%(6.5,9(/6( '$*/,* %58* 9('/,*(+2/'(/6( 2* 5(1*5,1* 9, 71.
'$16. 352'8.7%(6.5,9(/6( 2YHUVLJW RYHU EHWMHQLQJVSDQHO 1 2 3 4 5 6 7 )XQNWLRQ %HVNULYHOVH +REt+RRG ,QGLNDWRU IRU IXQNWLRQHQ WLO DW VW\UH HPK¨WWHQ IUD NRಣ JHVHNWLRQHQ /DPSH 6O§U ODPSHUQH WLO RJ IUD )ºUVWH KDVWLJKHG 6OXNಣ NHW 0RWRUHQ VNLIWHU WLO IºUVWH KDVWLJKHGVQLYHDX (W DQGHW WU\N VOXNNHU IRU DSSDUDWHW $QGHQ KDVWLJKHG 0RWRUHQ VNLIWHU WLO DQGHW KDVWLJKHGVQLYHDX 7UHGMH KDVWLJKHG 0RWRUHQ VNLIWHU WLO WUHGMH KDVWLJKHGVQLYHDX 0DNVLPDO KDVWLJKHG 0RWRUHQ VNLIWHU
ZZZ HOHFWUROX[ FRP 9L DQEHIDOHU DW PDQ ODGHU HPK¨WWHQ NºUH YLGHUH L FD PLQXWWHU HIWHU PDGODYQLQJHQ )RU DW EHWMHQH HPK¨WWHQ 7U\N S§ GHQ IºUVWH KDVWLJKHGVNQDS IRU DW W¨QGH DSSDUDWHW +YLV GHW HU QºGYHQGLJW WU\NNHV S§ O\VNQDSSHQ IRU DW RSO\VH PDGODYQLQJVRYHUIODGHQ +YLV GHW HU QºGYHQGLJW VNLIWHV KDVWLJKHGHQ YHG DW WU\NNH S§ GHQ ºQVNHGH NQDS 6OXN IRU HQKHGHQ YHG LJHQ DW WU\NNH S§ GHQ IºUVWH KDVWLJKHGVNQDS +REt+RRG IXQNWLRQ 'HW HU HQ DYDQFHUHW DXWRPDWLVN IXQNWLRQ VRP IRUELQ
'$16. 5HQJºU DSSDUDWHW RJ IHGWILOWUH KYHU P§QHG 5HQJºU LQGHUVLGHQ RJ IHGWILOWUHQH RPK\JJHOLJW IRU IHGW 2SKREQLQJ DI IHGW HOOHU DQGUH UHಣ VWHU NDQ PHGIºUH HQ EUDQG )ºOJ LQVWUXNWLRQHUQH WLO UHQJºULQJ DI WLOEHKºUHW Q§U ILOWHUPHGGHOHOVHQ HU W¨QGW 6H )LOWHUPHGGHOHOVH L NDSLWOHW RP GDJOLJ EUXJ +ROG HPK¨W഻ WHQ UHQ )HGWILOWUH NDQ YDVNHV L HQ RSYDVNHPDVNLQH 2SYDVNHPDVNLQHQ VNDO Y¨UH LQGVWLOOHW WLO ODYH WHPSHUDWXUHU RJ HQ NRUW F\NOXV )HGWILOWHUHW NDQ EOLYH PLVIDUYHW PHQ GHW KDU LQJHQ LQGಣ YLUNQLQJ S§ I
ZZZ HOHFWUROX[ FRP 8GVNLIWQLQJ DI S¨UHQ 'HWWH DSSDUDW HU IRUV\QHW PHG /(' ODPSH 'HQQH GHO P§ NXQ XGVNLIWHV DI WHNQLNHUHQ 9HG IXQNWLRQVIHMO IºOJHV 6HUYLFH L NDSLWOHW 6LNNHUKHGVYHMOHGQLQJ 0,/-+(16<1 *HQEUXJ PDWHULDOHU PHG V\PEROHW $QEULQJ HPEDOODJHPDWHULDOHW L SDVVHQGH EHKROGHUH WLO JHQEUXJ +M¨OS PHG DW EHVN\WWH PLOMºHW RJ PHQQHVNHOLJ VXQGKHG VDPW DW JHQEUXJH DIIDOG DI HOHNWULVNH RJ HOHNWURQLVNH DSSDUDWHU .DVVHU LNNH DSSDUDWHU GHU HU P¨UNHW PHG V\PEROHW VDPPHQ PHG KXVKROGQLQJV
'(876&+ ,1+$/769(5=(,&+1,6 6,&+(5+(,76 81' ,167$//$7,216+,1:(,6( *(57(%(6&+5(,%81* 7*/,&+(5 *(%5$8&+ 5(,1,*81* 81' 3)/(*( :,5 '(1.(1 $1 6,( 9LHOHQ 'DQN I¾U ,KUHQ .
ZZZ HOHFWUROX[ FRP *(57(%(6&+5(,%81* EHUEOLFN ದ %HGLHQIHOG 1 2 3 4 5 6 7 )XQNWLRQ %HVFKUHLEXQJ +REt+RRG $Q]HLJH GHU )XQNWLRQ PLW GHU GLH $E]XJVKDXEH YRP .
'(876&+ .RFKHQ YRQ :DVVHU %UDWHQ YRQ JUR¡HQ 6SHLVHಣ PHQJHQ RKQH 'HFNHO KRKH /XIWIHXFKWLJNHLW 'LH 'XQVWDE]XJVKDXEH O¦XIW PLW PD[LPDOHU *HVFKZLQಣ GLJNHLW 1DFK 0LQXWHQ NHKUW VLH ]XU YRULJHQ (LQಣ VWHOOXQJ ]XU¾FN (V ZLUG HPSIRKOHQ GLH 'XQVWDE]XJVKDXEH QDFK GHP .RFKHQ HWZD 0LQXWHQ ODQJ ODXIHQ ]X ODVVHQ %HGLHQHQ GHU $E]XJVKDXEH =XP (LQVFKDOWHQ GHV *HU¦WV GU¾FNHQ 6LH GLH HUVWH *HVFKZLQGLJNHLWVWDVWH %HL %HGDUI GU¾FNHQ 6LH GLH /LFKWWDVWH XP GHQ .
ZZZ HOHFWUROX[ FRP +DOWHQ 6LH 6HNXQGHQ JHGU¾FNW 'LH $Q]HLJH DXI GHP %HGLHQIHOG EOLQNW ]ZHLPDO ZHQQ GLH )XQNWLRQ HLQJHVFKDOWHW XQG HLQPDO ZHQQ VLH DXVJHVFKDOWHW LVW 5(,1,*81* 81' 3)/(*( +LQZHLVH ]XU 5HLQLJXQJ .HLQH 6FKHXHUPLWWHO XQG %¾UVWHQ YHUZHQGHQ )HXFKWHQ 6LH HLQ ZHLFKHV 7XFK PLW ZDUPHP :DVVHU XQG HWZDV PLOGHP 5HLQLJXQJVPLWWHO DQ XQG UHLQLJHQ 6LH GDPLW GLH *HU¦WHಣ REHUIO¦FKH 5HLQLJXQJV഻ PLWWHO 1DFK GHP .
'(876&+ 1HLJHQ 6LH GLH 9RUGHUVHLWH GHV )LOWHUV OHLFKW QDFK XQWHQ XQG ]LHKHQ 6LH LKQ KHUDXV :LHGHUKROHQ 6LH GLH EHLGHQ HUVWHQ 6FKULWWH I¾U DOOH )LOWHU 5HLQLJHQ 6LH GLH )LOWHU PLW HLQHP 6FKZDPP XQG QLFKW VFKHXHUQGHP 5HLQLJHU RGHU LP *HVFKLUUVS¾OHU 'D]X PXVV GHU *VFKLUUVS¾OHU DXI HLQHQ NXU]HQ 6S¾OJDQJ PLW QLHGULJHU 7HPSHUDWXU HLQJHVWHOOW ZHUGHQ $P )HWWILOWHU N¸QQHQ 9HUI¦UEXQJHQ DXIWUHWHQ GLHVH EHHLQWU¦FKWLJHQ GLH /HLVWXQJ GHV *HU¦WV MHGRFK QLFKW =XP HUQHXWHQ (LQEDX GHU )LOWHU EHIROJHQ 6LH G
ZZZ HOHFWUROX[ FRP ˎ˃ˏˇ˃˔ˍˊ˃ˋʿ ˎˉ˅ˏˍ˓ˍˏʺ˃ː ʿː˓ʿˉ˃ʺʿː ˈʿˇ ˃ˁˈʿˑʶːˑʿː˅ː ˎ˃ˏˇˁˏʿ˓ʹ ˎˏˍ˗ʻˋˑˍː ˈʿˆ˅ˊ˃ˏˇˋʹ ˔ˏʹː˅ ˓ˏˍˋˑʺ˂ʿ ˈʿˇ ˈʿˆʶˏˇːˊʿ ːʿː ːˈ˃˓ˑˍˊʿːˑ˃ ˃˲˴˞ˮ˦˰˱ˬ˺˩ˢ ˭ˬ˲ ˢ˭˦˨˚˫˞˱ˢ ˩˦˞ ˰˲˰˧ˢ˲˛ (OHFWUROX[ ˃˭˦˨˚˫˞˱ˢ ˚
ΔΚΚΖΜΘΙΐ ˎ˃ˏˇˁˏʿ˓ʹ ˎˏˍ˗ʻˋˑˍː ˃˭˦˰˧˹˭ˤ˰ˤ ˭˜˪˞˧˞ ˴ˢ˦ˮ˦˰˱ˤˮ˜˶˪ 1 2 3 4 5 6 7 Κγηςνσοαέί Ογοηαοίτά +REt+RRG ʸ˪ˡˢ˦˫ˤ ˱ˤ˯ ˨ˢ˦˱ˬ˲ˮˠ˜˞˯ ˠ˦˞ ˱ˬ˪ ˚˨ˢˠ˴ˬ ˱ˬ˲ ˞˭ˬˮˮˬಣ ˳ˤ˱˛ˮ˞ ˞˭˹ ˱˦˯ ˢ˰˱˜ˢ˯ ˉ˞˩˭˱˛ˮ˞˯ ˃˪ˢˮˠˬ˭ˬ˦ˢ˜ ˧˞˦ ˞˭ˢ˪ˢˮˠˬ˭ˬ˦ˢ˜ ˱ˬ˪ ˳˶˱˦˰˩˹ ˎˮ˻˱ˤ ˱˞˴˺˱ˤ˱˞ ʿ˭ˢಣ ˪ˢˮˠˬ˭ˬ˜ˤ˰ˤ ˍ ˧˦˪ˤ˱˛ˮ˞˯ ˩ˢ˱˞˟˞˜˪ˢ˦ ˰˱ˬ ˭ˮ˻˱ˬ ˢ˭˜˭ˢˡˬ ˱˞˴˺˱ˤಣ ˱˞˯ ˑˬ ˡˢ˺˱ˢˮˬ ˭˙˱ˤ˩˞ ˞˭ˢ˪ˢˮˠˬ˭ˬ˦ˢ˜ ˱ˤ ˰˲˰˧ˢ˲˛ ˂ˢ˺˱ˢˮˤ ˱˞˴˺˱ˤ˱˞ ˍ ˧˦˪ˤ˱˛ˮ˞˯ ˩ˢ˱˞˟˞˜˪ˢ˦ ˰˱ˬ ˡˢ˺˱ˢˮˬ ˢ˭˜˭ˢˡˬ ˱˞˴˺ಣ ˱ˤ˱˞˯ ˑˮ˜˱ˤ ˱˞˴˺˱ˤ˱˞ ˍ ˧˦˪ˤ˱˛ˮ˞˯ ˩ˢ˱˞˟˞˜˪ˢ˦ ˰
ZZZ HOHFWUROX[ FRP ː˲˪˦˰˱˙˱˞˦ ˪˞ ˞˳˛˪ˢ˱ˢ ˱ˬ˪ ˞˭ˬˮˮˬ˳ˤ˱˛ˮ˞ ˪˞ ˨ˢ˦˱ˬ˲ˮˠˢ˜ ˠ˦˞ ˭ˢˮ˜˭ˬ˲ ˨ˢ˭˱˙ ˩ˢ˱˙ ˱ˬ ˩˞ˠˢ˜ˮˢ˩˞ ˳˜˨˱ˮˬ˲ ˞˪˞˟ˬ˰˟˛˪ˢ˦ ˠ˦˞ ˡˢ˲˱ˢˮ˹˨ˢ˭˱˞ ˹˱˞˪ ˭ˮ˚˭ˢ˦ ˪˞ ˞˪˱˦˧˞˱˞˰˱˞˥ˢ˜ ˛ ˪˞ ˧˞˥˞ˮ˦˰˱ˢ˜ ˱ˬ ˳˜˨˱ˮˬ ˙˪˥ˮ˞˧˞ ʿ˪˞˱ˮ˚˫˱ˢ ˰˱ˤ˪ ˭˞ˮ˙ˠˮ˞˳ˬ ˧˞˥˞ˮ˦˰˩ˬ˺ ˱ˬ˲ ˳˜˨˱ˮˬ˲ ˨˜˭ˬ˲˯ ˰˱ˬ ˧ˢ˳˙˨˞˦ˬ m˓ˮˬ˪˱˜ˡ˞ ˧˞˦ ˧˞˥˙ˮ˦˰˩˞} ˁ˦˞ ˪˞ ˴ˢ˦ˮ˦˰˱ˢ˜˱ˢ ˱ˬ˪ ˞˭ˬˮˮˬ˳ˤ˱˛ˮ˞ ˎ˦˚˰˱ˢ ˱ˬ ˭ˮ˻˱ˬ ˧ˬ˲˩˭˜ ˱˞˴˺˱ˤ˱˞˯ ˠ˦˞ ˪˞ ˢ˪ˢˮˠˬ˭ˬ˦˛˰ˢ˱ˢ ˱ˤ ˰˲˰˧ˢ˲˛ ʿ˪ ˴ˮˢ˦˞˰˱ˢ˜ ˭˦˚˰˱ˢ ˱ˬ ˧ˬ˲˩˭˜ ˳˶˱˦˰˩ˬ˺ ˠ˦˞ ˪˞ ˳˶˱˜˰ˢ˱ˢ ˱ˤ˪ ˢ˭˦˳˙˪ˢ˦˞ ˩˞ˠˢ˦ˮ˚˩˞
ΔΚΚΖΜΘΙΐ ˓ˏˍˋˑʺ˂ʿ ˈʿˇ ˈʿˆʶˏˇːˊʿ ːˤ˩ˢ˦˻˰ˢ˦˯ ˠ˦˞ ˱ˬ˪ ˧˞˥˞ˮ˦˰˩˹ Λε υοερηκνξνηγέςγ ιγηίλςηθΪ ίξνοοσξίλςηθΪ θίη ΰνϋοςργπ ˈ˞˥˞ˮ˜˰˱ˢ ˱ˤ˪ ˢ˭˦˳˙˪ˢ˦˞ ˱ˤ˯ ˰˲˰˧ˢ˲˛˯ ˩ˢ ˚˪˞ ˩˞˨˞˧˹ ˭˞˪˜ ˣˢ˰˱˹ ˪ˢˮ˹ ˧˞˦ ˚˪˞ ˛˭˦ˬ ˞˭ˬˮˮ˲˭˞˪˱˦˧˹ Οονψϊλςί Ιί഻ ζίοηρκνϋ ˊˢ˱˙ ˱ˬ ˩˞ˠˢ˜ˮˢ˩˞ ˩ˢˮ˦˧˙ ˩˚ˮˤ ˱ˤ˯ ˰˲˰˧ˢ˲˛˯ ˩˭ˬˮˢ˜ ˪˞ ˢ˜˪˞˦ ˣˢಣ ˰˱˙ ˁ˦˞ ˱ˤ˪ ˞˭ˬ˳˲ˠ˛ ˰˴ˤ˩˞˱˦˰˩ˬ˺ ˨ˢ˧˚ˡ˶˪ ˤ ˰˲˰˧ˢ˲˛ ˭ˮ˚˭ˢ˦ ˪˞ ˚˴ˢ˦ ˧ˮ˲˻˰ˢ˦ ˧˞˦ ˪˞ ˰˧ˬ˲˭˜ˣˢ˱˞˦ ˩ˢ ˚˪˞ ˧˞˥˞ˮ˹ ˭˞˪˜ ˛ ˴˞ˮ˱˜ ˧ˬ˲ˣ˜ಣ ˪˞˯ ˈ˞˥˞ˮ˜˰˱ˢ ˱ˬ˲˯ ˨ˢ˧˚ˡˢ˯ ˩ˢ ˚˪˞ ˛˭˦ˬ ˞˭ˬˮˮ˲˭˞˪˱˦˧˹ ˈ˞˥˞ˮ˜ˣˢ˱ˢ ˱ˤ ˰˲
ZZZ HOHFWUROX[ FRP ˈ˞˥˞ˮ˜˰˱ˢ ˱˞ ˳˜˨˱ˮ˞ ˴ˮˤ˰˦˩ˬ˭ˬ˦˻˪˱˞˯ ˚˪˞ ˰˳ˬ˲ˠˠ˙ˮ˦ ˩ˢ ˩ˤ ˨ˢ˦˞˪˱˦˧˙ ˞˭ˬˮˮ˲˭˞˪˱˦˧˙ ˛ ˰˱ˬ ˭˨˲˪˱˛ˮ˦ˬ ˭˦˙˱˶˪ ˑˬ ˭˨˲˪˱˛ˮ˦ˬ ˭˦˙˱˶˪ ˭ˮ˚˭ˢ˦ ˪˞ ˮ˲˥˩˦˰˱ˢ˜ ˰ˢ ˴˞˩ˤ˨˛ ˥ˢˮ˩ˬ˧ˮ˞˰˜˞ ˧˞˦ ˰ˢ ˰˺˪˱ˬ˩ˬ ˧˺˧˨ˬ ˑˬ ˳˜˨˱ˮˬ ˨˜˭ˬ˲˯ ˩˭ˬˮˢ˜ ˪˞ ˞˭ˬ˴ˮ˶˩˞˱˦˰˱ˢ˜ ˞˲˱˹ ˡˢ˪ ˢ˭ˤˮˢ˙ˣˢ˦ ˱ˤ˪ ˞˭˹ˡˬ˰ˤ ˱ˤ˯ ˰˲˰˧ˢ˲˛˯ ˁ˦˞ ˪˞ ˱ˬ˭ˬ˥ˢ˱˛˰ˢ˱ˢ ˫˞˪˙ ˱˞ ˳˜˨˱ˮ˞ ˞˧ˬ˨ˬ˲˥˛˰˱ˢ ˱˞ ˡ˺ˬ ˭ˮ˻˱˞ ˟˛˩˞˱˞ ˩ˢ ˱ˤ˪ ˞˪˱˜˰˱ˮˬ˳ˤ ˰ˢ˦ˮ˙ ˃˭˞˪˞˨˙˟ˢ˱ˢ ˱˞ ˟˛˩˞˱˞ ˠ˦˞ ˹˨˞ ˱˞ ˳˜˨˱ˮ˞ ˹˭ˬ˲ ˢ˜˪˞˦ ˞˭˞ˮ˞˜˱ˤ˱ˬ ʿ˪˱˦˧˞˱˙˰˱˞˰ˤ ˱ˬ˲ ˳˜˨˱ˮˬ˲ ˙˪˥ˮ˞˧˞ ΟΠΞΔΘΓΞΟΞΘΖ
(1*/,6+ &217(176 6$)(7< ,1)250$7,21 $1' ,167$//$7,21 352'8&7 '(6&5,37,21 '$,/< 86( &$5( $1' &/($1,1* :(ಬ5( 7+,1.,1* 2) <28 7KDQN \RX IRU SXUFKDVLQJ DQ (OHFWUROX[ DSSOLDQFH
ZZZ HOHFWUROX[ FRP 352'8&7 '(6&5,37,21 &RQWURO SDQHO RYHUYLHZ 1 2 3 4 5 6 7 )XQFWLRQ 'HVFULSWLRQ +REt+RRG ,QGLFDWRU RI WKH IXQFWLRQ WR FRQWURO KRRG IURP KRE /DPS 7XUQV WKH OLJKWV RQ DQG RII )LUVW VSHHG 2II 7KH PRWRU VZLWFKHV WR ILUVW VSHHG OHYHO 6HFRQG SUHVV WXUQV RII WKH DSSOLDQFH 6HFRQG VSHHG 7KH PRWRU VZLWFKHV WR VHFRQG VSHHG OHYHO 7KLUG VSHHG 7KH PRWRU VZLWFKHV WR WKLUG VSHHG OHYHO 0D[LPXP VSHHG 7KH PRWRU VZLWFKHV WR PD[LPXP VSHHG OHYHO )LOWHU QR
(1*/,6+ ,I QHHGHG SUHVV WKH OLJKW EXWWRQ WR LOOXPLQDWH WKH FRRNLQJ VXUIDFH ,I QHHGHG FKDQJH WKH VSHHG E\ SUHVVLQJ WKH GHVLUHG EXWWRQ 7R WXUQ RII WKH DSSOLDQFH SUHVV WKH ILUVW VSHHG EXWWRQ DJDLQ +REt+RRG IXQFWLRQ ,W LV DQ DXWRPDWLF IXQFWLRQ ZKLFK FRQQHFWV WKH KRE ZLWK D KRRG %RWK WKH KRE DQG WKH KRRG KDYH DQ LQIUDUHG VLJQDO FRPPXQLFDWRU 6SHHG RI WKH IDQ LV GHILQHG DXWRPDWLFDOO\ RQ EDVLV RI PRGH VHWWLQJ DQG WHPSHUDWXUH RI WKH KRWWHVW FRRNZDUH RQ WKH KRE
ZZZ HOHFWUROX[ FRP &OHDQ WKH DSSOLDQFH DQG JUHDVH ILOWHUV HDFK PRQWK &OHDQ WKH LQWHಣ ULRU DQG JUHDVH ILOWHUV FDUHIXOO\ IURP IDW )DW DFFXPXODWLRQ RU RWKHU UHVLGXH PD\ FDXVH ILUH )ROORZ WKH LQVWUXFWLRQV IRU FOHDQLQJ WKH DFFHVVRULHV ZKHQ ILOWHU QRWLಣ ILFDWLRQ LV RQ 5HIHU WR )LOWHU QRWLILFDWLRQ LQ GDLO\ XVH FKDSWHU .HHS WKH KRRG *UHDVH ILOWHUV FDQ EH ZDVKHG LQ D GLVKZDVKHU 7KH GLVKZDVKHU PXVW EH VHW WR D ORZ WHPSHUDWXUH DQG D VKRUW F\ಣ FOHDQ FOH 7KH JUHDVH ILOWHU PD\ GLVFRORXU LW KDV QR LQIOXHQFH R
(1*/,6+ 5HSODFLQJ WKH ODPS 7KLV DSSOLDQFH LV VXSSOLHG ZLWK D /(' ODPS 7KLV SDUW FDQ EH UHSODFHG E\ D WHFKQLFLDQ RQO\ ,Q FDVH RI DQ\ PDOIXQFWLRQ UHIHU WR 6HUYLFH LQ WKH 6DIHW\ ,QVWUXFWLRQV FKDSWHU (19,5210(17$/ &21&(516 5HF\FOH PDWHULDOV ZLWK WKH V\PERO 3XW WKH SDFNDJLQJ LQ UHOHYDQW FRQWDLQHUV WR UHF\FOH LW +HOS SURWHFW WKH HQYLURQPHQW DQG KXPDQ KHDOWK E\ UHF\FOLQJ ZDVWH RI HOHFWULFDO DQG HOHFWURQLF DSSOLDQFHV 'R QRW GLVSRVH RI DSSOLDQFHV PDUNHG ZLWK WKH V\PERO ZLWK WKH KRXVHKROG
ZZZ HOHFWUROX[ FRP &217(1,'2 ,1',&$&,21(6 '( 6(*85,'$' ( ,167$/$&,1 '(6&5,3&,1 '(/ 352'8&72 862 ',$5,2 0$17(1,0,(172 < /,03,(=$ 3(16$026 (1 867(' *UDFLDV SRU DGTXLULU XQ HOHFWURGRP«VWLFR (OHFWUROX[ +D HO
(63$2/ '(6&5,3&,1 '(/ 352'8&72 9LVWD JHQHUDO GHO SDQHO GH PDQGRV 1 2 3 4 5 6 7 )XQFLµQ 'HVFULSFLµQ +REt+RRG ,QGLFDGRU GH OD IXQFLµQ GH FRQWURO GH OD FDPSDQD GH OD SODFD %RPELOOD (QFLHQGH \ DSDJD ODV OXFHV 3ULPHUD YHORFLGDG $SDJDGR (O PRWRU FDPELD DO SULPHU QLYHO GH YHORFLGDG 8QD VHJXQGD SXOVDFLµQ DSDJD HO DSDUDWR 6HJXQGD YHORFLGDG (O PRWRU FDPELD DO VHJXQGR QLYHO GH YHORFLGDG 7HUFHUD YHORFLGDG (O PRWRU FDPELD DO WHUFHU QLYHO GH YHORFLGDG 9HORFLGDG P£[
ZZZ HOHFWUROX[ FRP 6H UHFRPLHQGD GHMDU OD FDPSDQD HQ IXQFLRQDPLHQWR GXUDQWH DSUR[LPDGDPHQWH PLQXWRV GHVSX«V GH OD FRFFLµQ 3DUD XWLOL]DU OD FDPSDQD 3XOVH HO SULPHU ERWµQ GH YHORFLGDG SDUD HQFHQGHU HO DSDUDWR 6L HV QHFHVDULR SXOVH HO ERWµQ GH OX] SDUD LOXPLQDU OD VXSHUILFLH GH FRFFLµQ 6L HV QHFHVDULR FDPELH OD YHORFLGDG SXOVDQGR HO ERWµQ GHVHDGR 3DUD DSDJDU HO DSDUDWR SXOVH GH QXHYR HO SULPHU ERWµQ GH YHORFLGDG +REt+RRG )81&,1 (V XQD IXQFLµQ DXWRP£WLFD TXH FRQHFWD OD SODF
(63$2/ 0$17(1,0,(172 < /,03,(=$ 1RWDV VREUH OD OLPSLH]D 1R XVH GHWHUJHQWHV \ FHSLOORV DEUDVLYRV /LPSLH OD VXSHUILFLH GHO DSDUDWR FRQ XQ SD³R VXDYH KXPHGHFLGR HQ DJXD WHPSODGD \ GHWHUJHQWH VXDYH $JHQWHV OLP഻ SLDGRUHV 0DQWHQJD OD FDPSDQD OLP഻ SLD )LOWUR GH FDU഻ EµQ 'HVSX«V GH FRFLQDU DOJXQDV SLH]DV GHO DSDUDWR SXHGHQ FDOHQWDUಣ VH 3DUD HYLWDU PDQFKDV ORV DSDUDWRV GHEHQ HQIULDUVH \ VHFDUVH FRQ XQ SD³R OLPSLR R WRDOODV GH SDSHO /LPSLH ODV PDQFKDV FRQ XQ GHWHUJHQWH VXDYH /LPSLH HO DSDUDWR \
ZZZ HOHFWUROX[ FRP &DPELR GHO ILOWUR GH FDUEµQ $'9(57(1&,$ (O ILOWUR GH FDUEµQ 12 HV ODYDEOH 3DUD UHHPSOD]DU HO ILOWUR 5HWLUH ORV ILOWURV GH JUDVD GHO DSDUDWR 9«DVH /LPSLH]D GHO ILOWUR GH JUDVD HQ HVWH FDS¯WXOR 3UHVLRQH HO ERUGH IURQWDO HQ OD UDQXUD KDFLD OD SDUWH LQIHULRU GHO ILOWUR ,QFOLQH OLJHUDPHQWH OD SDUWH GHODQWHUD GHO ILOWUR KDFLD DEDMR 3DUD LQVWDODU HO ILOWUR UHDOLFH ORV SDVRV HQ RUGHQ LQYHUVR (Q FXDOTXLHU FDVR HV QHFHVDULR VXVWLWXLU ORV ILOWURV DO PHQRV FDGD FXDWUR P
((67, 6,68.25' 2+8786,1)2 -$ 3$,*$/'$0,1( 7227( .,5-(/'86 ,*$3(9$1( .
ZZZ HOHFWUROX[ FRP 7227( .,5-(/'86 -XKWSDQHHOL ¾OHYDDGH 1 2 3 4 5 6 7 )XQNWVLRRQ .LUMHOGXV +REt+RRG 3OLLGL NDXGX ·KXSXKDVWL NDVXWDPLVH IXQNWVLRRQL LQGLಣ NDDWRU /DPS /¾OLWDE YDOJXVWXVH VLVVH MD Y¦OMD (VLPHQH PRRWRULNLLUXV 0RRWRU O¾OLWXE HVLPHVHOH NLLUXVHOH 7HLQH YDMXWXV O¾ಣ 9¦OMDV OLWDE VHDGPH Y¦OMD 7HLQH NLLUXV 0RRWRU O¾OLWXE WHLVHOH NLLUXVHOH .
((67, YDMDE SXKDVWDPLVW O¾OLWXE ILOWUL LQGLNDDWRU 3¦UDVW WRLGXYDOPLVWDPLVH O·SSX VRRYLWDWDNVH ·KXSXKDVWL XPEHV PLQXWLNV W¸¸OH M¦WWD VHNXQGLNV +REt+RRG IXQNWVLRRQ 6HH RQ DXWRPDDWQH IXQNWVLRRQ PLV ¾KHQGDE SOLLGL MD ·KXSXKDVWL 1LL SOLLGLO NXL ND ·KXSXKDVWLO RQ LQIUDSXQD VLJQDDONRPPXQLNDDWRU 9HQWLODDWRUL NLLUXV P¦¦UDWDNVH DXWRPDDWVHOW YDOLWXG UHŀLLPL MD SOLLGLO ROHYD N·LJH NXXPHPD Q·X WHPSHUDWXXUL DOXVHO 9HQWLODDWRUL W¸¸G VDDE SOLLGL NDXGX ND N¦VLWVL MXKWLGD )XQNWVLRRQL VDDE VLVVH O¾O
ZZZ HOHFWUROX[ FRP 1LL VHDGHW NXL UDVYDILOWULW WXOHNV S·KMDOLNXPDOW SXKDVWDGD NRUG NXXV 3XKDVWDJH KRROLNDOW VHDGPH VLVHPXV MD UDVYDILOWULG UDVYDVW 7RLGXಣ M¦¦NLGH NRJXQHPLQH Y·LE NDDVD WXXD V¾WWLPLVH .
((67, /DPEL DVHQGDPLQH 6HOOH VHDGPH MXXUGH NXXOXE ND /(' ODPS 6HGD RVD Y·LE DVHQGDGD DLQXOW WHKQLN 0LV WDKHV ULNNH NRUUDO YDDGDNH MDRWLVW +RROGXV SHDW¾NLV 2KXWXVMXKLVHG -70(.
ZZZ HOHFWUROX[ FRP 6,6/7 7859$//,68867,('27 -$ $6(11862+-((7 7827(.89$86 3,9,77,1(1 .<77 +2,72 -$ 38+',6786 6,181 3$5+$$.6(6, .
6820, 7827(.89$86 .¦\WW¸SDQHHOLQ RVDW 1 2 3 4 5 6 7 7RLPLQWR .XYDXV +REt+RRG 0HUNNLYDOR MRND RVRLWWDD NHLWWRWDVROOD WDSDKWXYDQ OLHVLWXXOHWWLPHQ RKMDXNVHQ /DPSSX 6\W\WW¦¦ MD VDPPXWWDD YDORW (QVLPP¦LQHQ QRSHXVಣ WDVR 3RLV 6LLUW\\ PRRWWRULQ HQVLPP¦LVHHQ QRSHXVWDVRRQ /DLಣ WH N\WNH\W\\ SRLV WRLPLQQDVWD WRLVHOOD SDLQDOOXNVHOOD 7RLQHQ QRSHXVWDVR 6LLUW\\ PRRWWRULQ WRLVHHQ QRSHXVWDVRRQ .ROPDV QRSHXVWDVR 6LLUW\\ PRRWWRULQ NROPDQWHHQ QRSHXVWDVRRQ 0DNVLPLQRSHXV 0R
ZZZ HOHFWUROX[ FRP SXKGLVWXV RQ WDUSHHQ 6XRGDWWLPHQ /LHVLWXXOHWLQ RQ VXRVLWHOWDYDD M¦WW¦¦ WRLPLQWDDQ QRLQ PLQXXWLQ DMDNVL UXRDQODLWRQ M¦ONHHQ PHUNNLYDOR YLONNXX VHNXQQLQ DMDQ MRV KLLOLVXRGDWWLPHQ YDLKWR WDL SXKGLVWXV RQ WDUSHHQ /LHVLWXXOHWWLPHQ N¦\WW¦PLQHQ .\WNH ODLWH S¦¦OOH SDLQDPDOOD HQVLPP¦LVW¦ QRSHXVSDLQLNHWWD 3DLQD WDUYLWWDHVVD YDORSDLQLNHWWD NHLWWRWDVRQ YDODLVHPLVHNVL 0XXWD QRSHXWWD WDUYLWWDHVVD SDLQDPDOOD KDOXDPDDVL SDLQLNHWWD 6DPPXWD ODLWH SDLQDPDOOD HQVLPP¦LVW¦
6820, +2,72 -$ 38+',6786 3XKGLVWXNVHHQ OLLWW\YL¦ KXRPDXWXNVLD O¦ N¦\W¦ KDQNDDYLD SHVXDLQHLWD WDL KDUMRMD 3XKGLVWD ODLWWHHQ SLQQDW O¦PSLP¦OO¦ YHGHOO¦ MD PLHGROOD SHVXDLQHHOOD N¦\WW¦HQ SHKPH¦¦ SXKGLVWXVOLLQDD 3XKGLVWXVDL഻ QHHW -RWNLQ ODLWWHHQ RVDW YRLYDW NXXPHQWXD N¦\W¸Q DLNDQD $QQD ODLWWHHQ M¦¦KW\¦ MD NXLYDD VH SXKWDDOOD OLLQDOOD WDL SDSHULS\\KNHLOO¦ WDKURMHQ Y¦OWW¦PLVHNVL 3RLVWD WDKUDW PLHGROOD SHVXDLQHHOOD 3XKGLVWD ODLWH MD UDVYDVXRGDWWLPHW NXXNDXGHQ Y¦OHLQ 3RLVWD UDVYD KXROHOOLVHVWL VL
ZZZ HOHFWUROX[ FRP 3HVH DVWLDQSHVXNRQHHQ DOKDLVHOOD O¦PS¸WLODOOD MD O\K\HOO¦ RKMHOPDOOD 5DVYDVXRGDWWLPHVVD YRL HVLLQW\¦ Y¦ULPXXWRNVLD W¦P¦ HL YDLNXWD ODLWWHHQ VXRULWXVN\N\\Q $VHQQD VXRGDWWLPHW WDNDLVLQ QRXGDWWDPDOOD NDKGHQ HQVLPP¦LVHQ YDLKHHQ RKMHLWD S¦LQYDVWDLVHVVD M¦UMHVW\NVHVV¦ 7RLVWD YDLKHHW WDUYLWWDHVVD NDLNNLHQ VXRGDWWLPLHQ NRKGDOOD +LLOLVXRGDWWLPHQ YDLKWDPLQHQ 9$52,786 +LLOLVXRGDWLQWD HL YRL SHVW¦ 6XRGDWWLPHQ YDLKWDPLQHQ ,UURWD UDVYDVXRGDWWLPHW ODLWWHHVWD /XH RKMHHW W¦P¦Q OXY
)5$1$,6 7$%/( '(6 0$7,5(6 ,1)250$7,216 '( 6&85,7 (7 ,167$//$7,21 '(6&5,37,21 '( / $33$5(,/ 87,/,6$7,21 4827,',(11( (175(7,(1 (7 1(772<$*( 1286 3(16216 9286 0HUFL GಬDYRLU FKRLVL XQ DSSDUHLO (OHFWUROX[ 9RXV DYH] FKRLVL XQ SURG
ZZZ HOHFWUROX[ FRP '(6&5,37,21 '( / $33$5(,/ 3U«VHQWDWLRQ GX EDQGHDX GH FRPPDQGH 1 2 3 4 5 6 7 )RQFWLRQ 'HVFULSWLRQ +REt+RRG ,QGLFDWHXU GH OD IRQFWLRQ SHUPHWWDQW GH FRQWU¶OHU OD KRWWH GHSXLV OD WDEOH GH FXLVVRQ FODLUDJH $OOXPH HW «WHLQW O «FODLUDJH 3UHPLªUH YLWHVVH $UU¬W /H PRWHXU SDVVH ¢ OD SUHPLªUH YLWHVVH 8Q GHX[Lªಣ PH DSSXL SHUPHW Gಬ«WHLQGUH OಬDSSDUHLO 'HX[LªPH YLWHVVH /H PRWHXU SDVVH ¢ OD GHX[LªPH YLWHVVH 7URLVLªPH YLWHVVH /H PRWHXU SDVVH ¢ OD WURLVLªPH
)5$1$,6 1RXV YRXV UHFRPPDQGRQV GH ODLVVHU OD KRWWH IRQFWLRQQHU SHQGDQW HQYLURQ PLQXWHV DSUªV OD FXLVVRQ 3RXU XWLOLVHU OD KRWWH $SSX\H] VXU OD WRXFKH GH OD SUHPLªUH SRXU DOOXPHU O DSSDUHLO YLWHVVH 6L Q«FHVVDLUH DSSX\H] VXU OD WRXFKH SRXU «FODLUHU OD VXUIDFH GH FXLVVRQ 6L Q«FHVVDLUH PRGLILH] OD YLWHVVH HQ DSSX\DQW VXU OD WRXFKH VRXKDLW«H 3RXU «WHLQGUH O DSSDUHLO DSSX\H] ¢ QRXYHDX VXU OD WRXFKH GH OD SUHPLªUH YLWHVVH +REt+RRG IRQFWLRQ ,O V DJLW G XQH IRQFWLRQ DXWRPDWLTXH SHU
ZZZ HOHFWUROX[ FRP (175(7,(1 (7 1(772<$*( 5HPDUTXHV FRQFHUQDQW O HQWUHWLHQ 1 XWLOLVH] SDV GH G«WHUJHQWV DEUDVLIV QL GH EURVVHV 1HWWR\H] OD VXUIDFH GH OಬDSSDUHLO DYHF XQ FKLIIRQ GRX[ GH OಬHDX WLªಣ GH HW XQ G«WHUJHQW GRX[ $SUªV OD FXLVVRQ FHUWDLQHV SDUWLHV GH OಬDSSDUHLO SHXYHQW ¬WUH FKDXಣ GHV 3RXU «YLWHU OHV WDFKHV OಬDSSDUHLO GRLW UHIURLGLU HW ¬WUH V«FK« $JHQWV QHWWR\഻ DYHF XQ FKLIIRQ SURSUH RX GH OಬHVVXLH WRXW DQWV 1HWWR\H] OHV WDFKHV DYHF XQ G«WHUJHQW GRX[ 0DLQWHQH] OD KRWWH SURSUH )L
)5$1$,6 5HPSODFHPHQW GX ILOWUH ¢ FKDUERQ $9(57,66(0(17 /H ILOWUH ¢ FKDUERQ Q HVW SDV ODYDEOH 3RXU UHPSODFHU OH ILOWUH 5HWLUH] OHV ILOWUHV ¢ JUDLVVH GH O DSSDUHLO 5HSRUWH] YRXV DX SDUDJUDSKH m 1HWWR\DJH GX ILOWUH ¢ JUDLVVH } GH FH FKDSLWUH $SSX\H] VXU OH ERUG DYDQW GDQV OಬHPSODFHPHQW YHUV OD SDUWLH LQI«ULHXUH GX ILOWUH )DLWHV EDVFXOHU GRXFHPHQW O DYDQW GX ILOWUH YHUV OH EDV 3RXU LQVWDOOHU XQ QRXYHDX ILOWUH VXLYH] OD P¬PH SURF«GXUH GDQV O RUGUH LQYHUVH 'DQV WRXV OHV FDV OHV ILO
ZZZ HOHFWUROX[ FRP 6$'5Ŀ$ 6,*851261( 8387( , 3267$9/-$1-( 23,6 352,=92'$ 69$.
+59$76.
ZZZ HOHFWUROX[ FRP 3UHSRUXÏD VH RVWDYLWL QDSX GD UDGL RNR PLQXWD QDNRQ NXKDQMD =D XSUDYOMDQMH QDSRP NDNR 3ULWLVQLWH SUYX WLSNX EU]LQH ELVWH XNOMXÏLOL XUHÓDM $NR MH SRWUHEQR SULWLVQLWH WLSNX ]D VYMHWOR ]D RVYMHWOMDYDQMH SRYUģLQH ]D NXKDQMH $NR MH SRWUHEQR SURPLMHQLWH EU]LQX SULWLVNRP QD ŀHOMHQX WLSNX =D LVNOMXÏLYDQMH XUHÓDMD SRQRYQR SULWLVQLWH WLSNX SUYH EU]LQH +REt+RRG IXQNFLMD 7R MH DXWRPDWVND IXQNFLMD NRMD SRYH]XMH SORÏX ]D NXKDQMH V NXKLQMVNRP QDSRP 3ORÏD ]D NXKDQMH
+59$76., 6YDNL PMHVHF ÏLVWLWH XUHÓDM L ILOWUH ]D PDVQRÉX 8QXWUDģQMRVW L ILOWUH ]D PDVQRÉX SDŀOMLYR RGPDVWLWH 1DNXSOMDQMH PDVWL LOL GUXJLK RVWDWDಣ ND PRŀH X]URNRYDWL SRŀDU .
ZZZ HOHFWUROX[ FRP =DPMHQD ŀDUXOMH 2YDM XUHÓDM RSUHPOMHQ MH /(' ŀDUXOMRP 2YDM GLR PRŀH ]DPLMHQLWL VDPR WHKQLÏDU 8 VOXÏDMX ELOR NDNYH QHLVSUDYQRVWL SRJOHGDMWH 6HUYLV X SRJODYOMX 6LJXUQRVQH XSXWH %5,*$ =$ 2.
0$*<$5 7$57$/20 %,=7216*, 78'1,9$/. 6 =(0%( +(/<(=6 7(50./(56 1$3, +$6=1/$7 32/6 6 7,6=776 *21'2/81. 15( .¸V]¸QM¾N KRJ\ (OHFWUROX[ N«V]¾O«NHW Y£ODV]WRWW (J\ RO\DQ W
ZZZ HOHFWUROX[ FRP 7(50./(56 $ NH]HOēSDQHO £WWHNLQW«VH 1 2 3 4 5 6 7 )XQNFLµ /H¯U£V +REt+RRG $ S£UDHOV]¯YµW D Iē]ēODSUµO YH]«UOē IXQNFLµ YLVV]Dಣ MHO]ēMH /£PSD $ I«Q\HN EH «V NLNDSFVRO£VD (OVē VHEHVV«J .L $ PRWRU D] HOVē VHEHVV«JIRNR]DWED NDSFVRO $ P£ಣ VRGLN PHJQ\RP£VUD D N«V]¾O«N NLNDSFVRO 0£VRGLN VHEHVV«J $ PRWRU D P£VRGLN VHEHVV«JIRNR]DWED NDSFVRO +DUPDGLN VHEHVV«J $ PRWRU D KDUPDGLN VHEHVV«JIRNR]DWED NDSFVRO 0D[LP£OLV VHEHVV«J $ PRWRU D PD[LP£OLV VHEH
0$*<$5 $ Iē]«V XW£Q MDYDVROW D S£UDHOV]¯YµW WRY£EEL NE SHUFLJ PijN¸GQL KDJ\QL $ S£UDHOV]¯Yµ ¾]HPHOWHW«VH $ N«V]¾O«N EHNDSFVRO£V£KR] Q\RPMD PHJ D] HOVē VHEHVV«JIRNR]DWL JRPERW +D V]¾NV«JHV D Iē]ēIHO¾OHW PHJYLO£J¯W£V£KR] Q\RPMD PHJ D YLO£J¯W£V JRPERW +D V]¾NV«JHV D PHJIHOHOē JRPE PHJQ\RP£V£YDO PµGRV¯WVD D VHEHVV«JIRNR]DWRW $ N«V]¾O«N NLNDSFVRO£V£KR] Q\RPMD PHJ LVP«W D] HOVē VHEHVV«JIRNR]DWL JRPERW V]¯QQHO YLO£J¯W KD D ]V¯UV]ijUē WLV]W¯W£VD V]¾NV«JHV $ V]ijUē YLVV]DMHO]ē P£V
ZZZ HOHFWUROX[ FRP 32/6 6 7,6=776 7LV]W¯W£VVDO NDSFVRODWRV PHJMHJ\]«VHN 1H KDV]Q£OMRQ G¸U]V¸Oē KDW£V¼ WLV]W¯WµV]HUW «V V¼UROµNHI«W $ N«V]¾O«N IHO¾OHW«W PHOHJ YL]HV «V HQ\KH PRVRJDWµV]HUHV SXKD UXK£YDO WLV]W¯WVD PHJ )ē]«V XW£Q D N«V]¾O«N HJ\HV U«V]HL IRUUµY£ Y£OKDWQDN $] HOV]HQ\ಣ Q\H]ēG«V PHJDNDG£O\R]£V£UD KijWVH OH D N«V]¾O«NHW PDMG V]£U¯WVD 7LV]W¯WµV]HUHN PHJ WLV]WD NHQGēYHO YDJ\ SDS¯UW¸UOēYHO $ V]HQQ\H]ēG«VHNHW HQ\KH PRVRJDWµV]HUUHO W£YRO¯WVD HO $ N«V]¾O«NHW «V D ]V¯UV]ijUēNHW KDYRQWD
0$*<$5 $ V]«QV]ijUē FVHU«MH ),*<(/0(=7(76 $ V]«QV]ijUē QHP PRVKDWµ $ V]ijUē FVHU«MH 7£YRO¯WVD HO D ]V¯UV]ijUēNHW D N«V]¾O«NEēO /£VG ಱ$ ]V¯UV]ijUē WLV]W¯W£VDರ F V]DNDV]W D MHOHQ IHMH]HWEHQ 1\RPMD D] HO¾OVē «OW D Q\¯O£VED D V]ijUē DOVµ U«V]H IHO« .LVV« ELOOHQWVH OH D V]ijUē HOHM«W $] ¼M V]ijUē EHV]HUHO«V«KH] IRUG¯WRWW VRUUHQGEHQ Y«JH]]H HO XJ\DQH]HNHW D O«S«VHNHW $ V]ijUēN FVHU«MH PLQGHQ HVHWEHQ OHJDO£EE Q«J\KDYRQWD V]¾NV«JHV $ V¾WēO£PSD FVHU«MH $ N«V]¾O«N /(' O£PS£YDO UHQGHONH]LN
ZZZ HOHFWUROX[ FRP ,1',&( ,1)250$=,21, 68//$ 6,&85(==$ ( /ಬ,167$//$=,21( '(6&5,=,21( '(/ 352'2772 87,/,==2 4827,',$12 38/,=,$ ( &85$ 3(16,$02 $ 7( *UD]LH SHU DYHU DFTXLVWDWR XQ HOHWWURGRPHVWLFR (OHFWUROX[ +DL VFHO
,7$/,$12 '(6&5,=,21( '(/ 352'2772 3DQRUDPLFD GHO SDQQHOOR GL FRQWUROOR 1 2 3 4 5 6 7 )XQ]LRQH 'HVFUL]LRQH +REt+RRG 6SLD GHOOD IXQ]LRQH GL FRQWUROOR GHOOD FDSSD GDO SLDಣ QR FRWWXUD /DPSDGLQD $FFHQVLRQH H VSHJQLPHQWR GHOOH OXFL 3ULPD YHORFLW¢ 2II ,O PRWRUH SDVVD DO SULPR OLYHOOR GL YHORFLW¢ /D VHಣ FRQGD SUHVVLRQH VSHJQH O DSSDUHFFKLDWXUD 6HFRQGD YHORFLW¢ ,O PRWRUH SDVVD DO VHFRQGR OLYHOOR GL YHORFLW¢ 7HU]D YHORFLW¢ ,O PRWRUH SDVVD DO WHU]R OLYHOOR GL YHORFLW¢ 9
ZZZ HOHFWUROX[ FRP 6L FRQVLJOLD GL ODVFLDUH OD FDSSD LQ IXQ]LRQH SHU FLUFD PLQXWL GRSR OD FRWWXUD ILOWUR ODPSHJJLD SHU VHFRQGL VH LO ILOWUR DO FDUERQH GHYH HVVHUH VRVWLWXLWR R SXOLWR )DUH ULIHULPHQWR DO FDSLWROR VXOOD SXOL]LD GHO ILOWUR DQWL JUDVVR QHO FDSLWROR VXOOD FXUD H OD SXOL]LD 3HU IDU IXQ]LRQDUH OD FDSSD SHU 3UHPHUH LO SULPR WDVWR UDSLGR DFFHQGHUH O DSSDUHFFKLDWXUD 6H QHFHVVDULR SUHPHUH LO WDVWR VSLD )DUH ULIHULPHQWR DOOD SXOL]LD GHO ILOWUR D FDUERQH DWWLYR R DOOD VRVW
,7$/,$12 38/,=,$ ( &85$ 1RWH VXOOD SXOL]LD 1RQ XWLOL]]DUH GHWHUJHQWL H VSD]]ROH DEUDVLYH 3XOLUH OD VXSHUILFLH GHOOಬDSSDUHFFKLDWXUD FRQ XQ SDQQR PRUELGR LPಣ EHYXWR GL DFTXD WLHSLGD H GHWHUJHQWH GHOLFDWR 'RSR OD FRWWXUD DOFXQH SDUWL GHOO DSSDUHFFKLR SRVVRQR VXUULVFDOGDUಣ VL 3HU HYLWDUH PDFFKLH O DSSDUHFFKLR GHYH HVVHUH UDIIUHGGDWR H $JHQWL GL SXOL഻ DVFLXJDWR FRQ XQ SDQQR SXOLWR R XQ WRYDJOLROR GL FDUWD ]LD 3XOLUH OH PDFFKLH FRQ XQ GHWHUJHQWH GHOLFDWR 3XOLUH O DSSDUHFFKLR H L ILOWUL GHO JUDVV
ZZZ HOHFWUROX[ FRP 6RVWLWX]LRQH GHO ILOWUR DO FDUERQH DWWLYR $99(57(1=$ ,O ILOWUR DO FDUERQH DWWLYR QRQ ª ODYDELOH 3HU VRVWLWXLUH LO ILOWUR 5LPXRYHUH L ILOWUL DQWLJUDVVR GDOO DSSDUHFFKLDWXUD 5LPDQGLDPR DOOD VH]LRQH 3XOL]LD GHO ILOWUR DQWLJUDVVR LQ TXHVWR FDSLWROR 3UHPHUH LO ERUGR DQWHULRUH QHOOD IHVVXUD YHUVR OD SDUWH LQIHULRUH GHO ILOWUR ,QFOLQDUH OHJJHUPHQWH OD SDUWH DQWHULRUH GHO ILOWUR YHUVR LO EDVVR 3HU LQVWDOODUH XQ QXRYR ILOWUR HVHJXLUH JOL VWHVVL SDVVDJJL QHOO RUGLQH LQY
ҒЉАЉҒ ̧̳̮̳μ̴͂ Φ̶̸̧̺̞̞̮̫̞̱̱̬ ̭ϝ̴̬ ̵̷̴̧̹̺Ξ̧ ̷̴̧̧̲Ξ̴̧ ̧Φ̶̷̧̧̹ ̨μ̰̳͂ ̸̶̸̧̧̧̯̹̹̳͂ ϝ̷̱κ̴̫̞̱ Φ̵̴̧̲̫̺ ̱κ̹̺ ̴̴̳̬̬ ̧̧̧̹̮̲̺ ̨̞̮ ̸̞̮ ̷̧̹̺̲͂ ̵̧̰̲̰̳̮͂ (OHFWUROX[ Χν͗͒͢Ο͔͘͢͢ ͇͙͖͘͢ ͇͒Ο͇͔͢ί͎͢Ο͇ ͇͗Χ͓͙͌ ̸͎ͬ ͕͔ ͍͇͒͋͢Ο͇͔ ͑Ϟ͈ͬ͘͏ ͙Ϟ͍
ZZZ HOHFWUROX[ FRP Φ̶̸̧̺̞̞̮̫̞̱̱̬ ̭ϝ̴̬ ̵̷̴̧̹̺Ξ̧ ̷̴̧̧̲Ξ̴̧ ̧Φ̶̷̧̧̹ ЎКГЎЙЛМ Φ͇͚͖͎ͬͬ͋ͬ͑͑͌͘ ͍Ϟ͔͌ ͕͔͇͙͚͗Ο͇ Χ͇͙͙͘͢͢ ͇Χ͖͇͇͙͗Χ͇ ͇͔͇͗͒Ο͇͔ ͙͇͖͇͇͔͑ͬ͋͟ Χ͇͚͖͎ͬͬ͘ ͕͔͇͙͚͗ ͙͚͇͗͒͢ ͔ν͘Χ͇͚͒͢Χ͙͢ Χ͇͇͗ί͎͢ Φν͗͒͢Ο͔͢͢ ͖͇͇͇͔͚͐͋͒ ͔͓͌͌͌͘ ͕Ο͇͔ Χ͎͓͙͌͢ ͑Ϯ͙͚͗͌͘ ͇͔͇͒͋͋͢ Χ͇͚͖͎ͬͬ͋ͬ͑͘ ͙͚͇͗͒͢ ͙͇͇͚͇͗͒͗͋͢ ͓νΧ͏͙ͦ ͕Χ͖͢ ͟͢Ο͢ί͎͢ ̨μ̰̳͂ ̸̶̸̧̧̧̯̹̹̳͂ ̨͇͘Χ͇͚͗ ͖͇͔͔͌͒ͬ͌ ͕͚͒͟ 1 2 3 4 5 6 7 Нмжгпбш КбиЩллЩеЩкф +REt+RRG ̧͚͇ ͙͇͙͗Χ͢͟ Χν͇͔͗͒͢ ͖͌͟ ͇͗Χ͒͢͢ ͈͇͘Χ͇͚͗ ͚͔͛͑͝͏͔ͦ͘͢͢ί ͏͔͋͏͇͙͕͑͗͢ ͇͓̿ ͇͓͇̿͋͗͋͢ Χ͕͚͘ ͍Ϟ͔͌ ͘Ϯ͔͚͋ͬ͗ ̨͔ͬ͗ͬͬ͟
ҒЉАЉҒ ϝ̷̱κ̴̫̞̱ Φ̵̴̧̲̫̺ ̧͚͇ ͙͇͙͗Χ͢͟ Χν͇͗͒͋͢ ͖͇͇͇͔͚͐͋͒ ̹Ϯ͓͔͌͋͌͊ͬ ͙͑͌͌͊͌͘ ͘Ϟ͐͑͌͘ ν͔͒͘͢͢Ο͇͔ ͍͇͓͒͋͋͢͢Χ͙͢ ͙͌͑͌͗ͬ͘ί͎ͬ ̹͇͓͇Χ͙͢ ͍͙͒͢͢Χ͇͔͇͋ Χ͇Χ͖͇Χ ͍͇͈͒͢Ο͇͔ ͙͋͘͢͢͢ Χ͕͇͔͖͒͋͢ ͖͔ͬͬ͗͊͌͋͌͘ ̨͔ͬ͗͌͌͟ ͕͙͙͢Χ͙͇͇͗͋ ͔͓͌͌͌͘ ͖͚ͬͬ͗͘ ͇͇͒ί͇͔͇͋͗͋͢ Χ͇Χ͖͇Ο͢ ͍͇͈͢Χ ͙͇͋͘͢͢ ͙͇͓͇Χ ͖͔ͬͬ͗͊͌͋͌͘ ͈͇͖͖͔͌ Χ͚͗͢Ο͇͔͇͋ Φ͇͔͇͖͐ ͍͇͙Χ͇͔ ͎͑͌͋͌ ͑Ϯ͖ ͓Ϯ͒͌͗͋͌͊ͬ͟ ͙͇Ο͇͓͇͋͗͋͢ Χ͇Χ͖͇Χ͎͘͢ ͙͇͋͘͢͢ Χ͚͗͢Ο͇͔͇͋ ͈͔ͬ͗͌͌͟ ͖͚ͬͬ͗͘ ͇͇͒ί͇͔͇͋͗͋͢ ͔͌ ͕͙͙͢Χ͙͇͇͗͋ ͖͔ͬͬ͗͊͌͋͌͘ Φ͇͔͇͙͐Χ͇͔͇͋ λ͔͒͑͌ ͓Ϯ͒͌͗͋͌͊ͬ͟ ͙͇Ο͇͓͇͋͗͋͢ Χ͇Χ͖͇Χ͎͘͢ Χ͚͗͢Ο͇͔͇͋ ͘ν͐͢Χ͙͢Χ ͑Ϯ͖ ͈͕͇͒͘ ̧͚͇ ͙͇͙͗Χ͢͟
ZZZ HOHFWUROX[ FRP ̱λ͙͓ͬ ͓͔͌ ͙͇͎͇͇͚͒ ͙͇͇͚͔͇͗͋͢ ͑Ϯ͓ͬ͗ ͘λ͎͔͊ͬͬ͘ ͙͇͎͇͇͚͒ ͔͓͌͌͌͘ ͑Ϯ͓ͬ͗ ͘λ͎͔͊ͬͬ͘ ͇͚͙͚͗͘͢͢ ͙͚͇͗͒͢ Χ͇͇͗ί͎͢ ̻͚͔͑͝͏͔ͦ͢ Χ͇͖͔͇͒͢ ͙͚͑͌͒ͬ͗ λ͔ͬ͟ ͙λ͓͔͐͌ͬ͘ ͚͔͌͑͋͘ ͈͕͐͢ ͈͇͘͢ί͎͢ Нмжгпбшжф ЪЮдкЮжЭяйм жЮеЮкЮ ЩЯфйЩлм ҧясж ̻͚͔͑͝͏͔ͦ͢ ͈͔͚͌͒͌͋ͬ͗͘ λ͔ͬ͟ ͈͔͌͒͊ͬͬ͘ ͚͔͌͑͋͘ ͈͕͐͢ ͈͇͘͢ί͎͢ ̬͊͌͗ ͚͔͛͑͝͏ͦ ͈͔͌͒͌͋ͬ͗ͬ͒͌͘͘ ͏͔͋͏͇͙͕͑͗͢ ͙λ͙͌͘ ͌͑ͬ ͙͗͌ ͍͖͒͢͢͢Χ͙͇͐͋͢ ̻͚͔͑͝͏͔ͦ͢ ͇͍͇͙͚͗͢ λ͔ͬ͟ ͙λ͓͔͐͌ͬ͘ ͚͔͌͑͋͘ ͈͕͐͢ ͈͇͘͢ί͎͢ ̬͊͌͗ ͚͔͛͑͝͏ͦ ͇͍͇͙͇͗͒͘͢͢ ͏͔͋͏͇͙͕͑͗͢ ͙λ͙͌͘ ͈ͬ͗ ͙͗͌ ͍͖͒͢͢͢Χ͙͇͐͋͢ Φ͇͟͢Χ͙͇͔ ͈͇͘Χ͇͚͗ Χν͇͗͒͢
ҒЉАЉҒ ̳͇͐ ͘λ͎͔͊ͬͬ͘ ͙͇͎͇͇͚͒ ̸λ͎͊ͬ͒͌͗͋ͬ ͕͔͇͙͚͗ λ͔ͬ͟ Χ͇͇͓͇͗ Χ͇͗͘͢ ͍͇Χ͙͇͔͇͗͋͢ Χ͘͢Χ͙͇͗͢͟ ͓͔͌ Χ͇͇͚͙͇͋͗͢͟ ͖͇͇͇͔͐͋͒͒͢Ο͇͔ КҧаЬяжя лЩаЩдЩм ҧсяж ̧͚͇ ͙͇͙͗Χ͢͟ Χν͇͗͒͋͢ί ͇͙͔͇͋͘͢Ο͢ ͘λ͎͊ͬ ͖͇͔͔͌͒ͬ͋͌͊ͬ ͓͕͔͙͇͍͇͚͋ Χ͘͢Χ͔͢͟͢͢ί ν͙͇͘Ο͔͢͟͢ ͈͇͘͢ί͎͢ 1 Φ͇͍͙͌ ͈͕͇͒͘ ͈͇͗͒͢Χ ͘λ͎͊ͬ͒͌͗ λ͔ͬ͟ Χ͇͇͓͇͋͋͗͋͢ Χ͇͙͇͇͐͒ί͎͢ ̱Ϯ͓ͬ͗ ͘λ͎͔͊ͬͬ͘ ͇͚͙͚͗͘͢͢ ЎКГЎЙЛМ ̱Ϯ͓ͬ͗ ͘λ͎͔͊ͬͬ͘ ͍͚͚Ο͇ ͈͕͓͇͒͐͋͢ ̸λ͎͔͊ͬͬ ͇͚͙͚͗͘͢͢ λ͔ͬ͟ ̳͇͐ ͘λ͎͔͊ͬ͒͌͗ͬ Χν͗͒͢Ο͇͔͋͢ ͇͒͢ί͎͢ ̵͘͢ ͙͇͇͚͇͗͋Ο͢ ̳͇͐ ͘λ͎͔͊ͬ͒͌͗ͬ ͙͇͎͇͇͚͒ ͈Ϯ͓͔͒ͬͬ Χ͇͇͗ί͎͢ ̧͒͋͢ίΟ͢ ͍͇Χ͙͇͚͋͢ ͘λ͎͔͊ͬͬ
ZZZ HOHFWUROX[ FRP 785,1<6 6$8*26 ,1)250$&,-$ ,5 ð5(1*,0$6 *$0,1,2 $35$Ģ<0$6 .
/,(789,Ƴ *$0,1,2 $35$Ģ<0$6 9DOG\PR VN\GHOLR DSŀYDOJD 1 2 3 4 5 6 7 )XQNFLMD $SLEƬGLQLPDV +REt+RRG *DUĵ ULQNWXYR YDOG\PR Lģ NDLWOHQWÙV IXQNFLMRV LQGLNDಣ WRULXV /HPSXWÙ ðMXQJLD LU LģMXQJLD DSģYLHWLPÇ 3LUPDV JUHLWLV LģMXQJWD 9DULNOLV SHUVLMXQJLD ñ SLUPÇ JUHLÏLR O\Jñ $QWUX SDಣ VSDXGLPX SULHWDLVDV LģMXQJLDPDV $QWUDV JUHLWLV 9DULNOLV SHUVLMXQJLD ñ DQWUÇ JUHLÏLR O\Jñ 7UHÏLDV JUHLWLV 9DULNOLV SHUVLMXQJLD ñ WUHÏLÇ JUHLÏLR O\Jñ 'LGŀLDXVLDV JUHLWLV 9DULNOLV SHUVLM
ZZZ HOHFWUROX[ FRP -HLJX UHLNLD SDVSDXVNLWH DSģYLHWLPR P\JWXNÇ NDG DSģYLHVWXPÙWH PDLVWR JDPLQLPR SDYLUģLĵ -HLJX UHLNLD SDNHLVNLWH JUHLWñ SDVSDXVGDPL QRULPÇ P\JWXNÇ 1RUÙGDPL LģMXQJWL SULHWDLVÇ GDU NDUWÇ SDVSDXVNLWH SLUPÇ JUHLÏLR P\JWXNÇ -HLJX QRULWH DWNXUWL IXQNFLMÇ VHNXQGHV +REt+RRG IXQNFLMD 7DL DXWRPDWLQÙ IXQNFLMD NXUL VXMXQJLD NDLWOHQWÛ VX JDUĵ ULQNWXYX ,U NDLWOHQWÙ LU JDUĵ ULQNWXYDV WXUL LQIUDUDXGRQĵMĵ VSLQGXOLĵ VLJQDOĵ SHUGDYLPR PHFKDQL]PÇ 9HQWLOLDWRULDXV VXNLPRVL JU
/,(789,Ƴ 9DO\NLWH SULHWDLVÇ LU ULHEDOĵ ILOWUXV NLHNYLHQÇ PÙQHVñ 5ĭSHVWLQJDL Lģಣ YDO\NLWH ULHEDOXV Lģ SULHWDLVR YLGDXV LU QXR ULHEDOĵ ILOWUĵ 5LHEDOĵ NDXಣ SLPDVLV DU NLWL OLNXÏLDL JDOL VXNHOWL JDLVUÇ .DL ñVLMXQJLD ILOWUR SUDQHģLPDV ODLN\NLWÙV SULHGĵ YDO\PR LQVWUXNFLMĵ ĿU VN\ULDXV ಱ.DVGLHQLV QDXGRMLPDVಯ VN\UHOñ ಱ)LOWUR SUDQHģLPDVಯ 3DVLUƬSLQNLWH NDG JDUƴ ULQN഻ 5LHEDOĵ ILOWUXV JDOLPD SODXWL LQGDSORYÙMH ,QGDSORYÙMH WXUL EĭWL QXVWDW\WD ŀHPD WHPSHUDWĭUD LU WUXPSDV FLNODV WXYDV EƬWƴ 5LHEDOĵ ILOWUDV J
ZZZ HOHFWUROX[ FRP /HPSXWÙV NHLWLPDV ĢLV SULHWDLVDV SULVWDWRPDV VX GLRGLQH OHPSXWH ĢLÇ GDOñ JDOL SDNHLVWL WLN WHFKQLNDV 7ULNWLHV DWYHMX VNDLW\NLWH ಱ3ULHŀLĭUDಯ VN\ULXMH ಱ6DXJRV WDLV\NOÙVಯ $3/,1.26 $36$8*$ $WLGXRNLWH SHUGLUEWL PHGŀLDJDV SDŀ\PÙWDV ģLXR ŀHQNOX ,ģPHVNLWH SDNXRWÛ ñ DWLWLQNDPÇ DWOLHNĵ VXULQNLPR NRQWHLQHUñ NDG ML EĭWĵ SHUGLUEWD 3DGÙNLWH VDXJRWL DSOLQNÇ EHL ŀPRQLĵ VYHLNDWÇ LU VXULQNWL EHL SHUGLUEWL HOHNWURV LU HOHNWURQLNRV SULHWDLVĵ DWOLHNDV 1HLģPHVNLWH ģLXR ŀHQNOX SDŀ\PÙW
/$79,(ơ8 6$7856 '52Ģì%$6 ,1)250Â&,-$ 81 8=67Â'ìĢ$1$ ,=675Â'Â-80$ $35$.676 ,=0$172Ģ$1$ ,.',(1Â .
ZZZ HOHFWUROX[ FRP ,=675Â'Â-80$ $35$.
/$79,(ơ8 ,HWHLFDPV WYDLND QRVĭFÕMX DWVWÃW LHVOÕJWX YÕO PLQĭWHV SÕF JDWDYRģDQDV EHLJÃP /DL OLHWRWX QRVĭFÕMX 3LHVSLHGLHW SLUPR ÃWUXPD WDXVWLĈX ODL LHVOÕJWX LHUíFL -D QHSLHFLHģDPV SLHVSLHGLHW DSJDLVPRMXPD WDXVWLĈX ODL ,]JDLVPRWV JDWDYRģDQDV YLUVPX -D QHSLHFLHģDPV PDLQLHW ÃWUXPX SLHVSLHŀRW YÕODPR WDXVWLĈX /DL L]VOÕJWX LHUíFL DWNDO SLHVSLHGLHW SLUPÃ ÃWUXPD WDXVWLĈX +REt+RRG IXQNFLMD 7Ã LU DXWRPÃWLVND IXQNFLMD NDV VDYLHQR SOíWV YLUVPX XQ WYDLND QRVĭFÕMX 3OíWV YLUVPDL XQ WYDL
ZZZ HOHFWUROX[ FRP 7íULHW LHUíFL XQ WDXNX ILOWUXV NDWUX PÕQHVL 5ĭSíJL L]WíULHW WDXNYLHODV LHNģSXVÕ XQ QR WDXNX ILOWULHP 7DXNX YDL FLWX SÃUWLNDV SDOLHNX X]NUÃಣ ģDQÃV YDU L]UDLVíW XJXQVJUÕNX -D ILOWUD SD]LĈRMXPV LU DNWLYÕWV LHYÕURMLHW QRUÃGíMXPXV DWWLHFíEÃ X] SLHGHUXPX WíUíģDQX 6NDWLHW SXQNWX SDU ILOWUD SD]LĈRMXPX VDGDþÃ ಯ,Nಣ GLHQDV OLHWRģDQDರ 7XULHW WYDLND QRVƬFÕMX WíUX 7DXNX ILOWUXV YDU PD]JÃW WUDXNX PD]JÃMDPDMÃ PDģíQÃ 7UDXNX PD]JÃMDPÃ PDģíQÃ MÃLHVWDWD ]HPD WHPSHUDWĭUD XQ íVV FLNOV 7DXNX ILOW
/$79,(ơ8 6SXOG]HV PDLĈD Ģí LHUíFH LU DSUíNRWD DU /(' VSXOG]L ĢR GHWDþX QRPDLQíW GUíNVW WLNDL LQŀHQLHULV 'DUEíEDV WUDXFÕMXPX JDGíMXPÃ VNDWLHW VDGDþX ಯ$SNRSHರ QRGDþÃ ಯ'URģíEDV QRUÃGíMXPLರ $369Ô580, 3$5 9,'(6 $,=6$5'=ì%8 1RGRGLHW RWUUHL]ÕMDL SÃUVWUÃGHL PDWHULÃOXV 1HL]PHWLHW LHUíFHV NDV DS]íPÕWDV DU ģR DU VLPEROX ,HYLHWRMLHW LHSDNRMXPD PDWHULÃOXV DWELOVWRģDMRV NRQWHLQHURV WR RWUUHL]ÕMDL SÃUVWUÃGHL 3DOíG]LHW DL]VDUJÃW DSNÃUWÕMR YLGL XQ FLOYÕNX YHVHOíEX DWNÃUWRWL SÃUVWUÃGÃMRW HOHNWULVNR X
ZZZ HOHFWUROX[ FRP ̸̵̷̴̧̫̭̯ ̴̵̸̴̨̨̬̮̬̫̯ ̴̵̷̧̯̻̳̯̯̽ ̯ ̵̴̧̧̳̹̭ ̵̶̸̯ ̴̧ ̶̷̵̵̵̯̮̩̫̹ ̸̵̴̴̧̬̱̠̫̬̩ ̶̵̷̨̧̺̹̬ ̴̧̬̪ ̯ ̸̢̯̹̬̬̾ ̴̯̬ ̸̳̯̲̯̳̬ ̴̧ ̸̧̩ ̩͏ ͈͇͕͇͒͊͋͗͏͓͌ ͙͕͟ ͚͖͑͏͉͙͌ ͇͖͇͇͙͗ (OHFWUROX[ ̯͎͈͇͉͙͗͌ ͖͕͗͏͎͉͕
ЕЉГЎЍЗЖКГБ ̵̶̸̯ ̴̧ ̶̷̵̵̵̯̮̩̫̹ ̶͗͌͊͒͌͋ ͔͇ ͕͔͙͕͔͇͙͇͑͗͒ ͙͇͈͇͒ 1 2 3 4 5 6 7 НмжгпбёЩ Зибк +REt+RRG ̯͔͋͏͇͙͕͑͗ ͎͇ ͚͔͛͑͝͏͇͙͇ͮ ͎͇ ͕͔͙͕͇͑͗͒ ͔͇ ͇͚͈͇͙͇͜ ͕͋ ͖͕͇͙͇͒͞ ͎͇ ͕͙͉͊͌Ͱ͌ ̲͇͓͈͇ ̪͏ ͉͚͚͉͇͑͒͞ ͏ ͏͚͚͉͇͑͒͘͞ ͉͙͇͙͇͌͒͘ ̶͉͇͗ ͈͎͗͏͔͇ ̯͚͔͕͑͒͌͘͞ ̳͕͙͕͕͙͗ ͌͘ ͖͓͙͚͉͇͗͌͌͘ ͔͇ ͔͏͉͕ ͔͇ ͖͉͇͗ ͈͎͗͏͔͇ ̩͙͕͕͙͕͗ ͖͗͏͙͏͇͑͘Ͱ͌ ͕͊ ͏͚͚͉͇͑͒͘͞ ͇͖͇͇͙͕͙͗ ̩͙͕͇͗ ͈͎͗͏͔͇ ̳͕͙͕͕͙͗ ͌͘ ͖͓͙͚͉͇͗͌͌͘ ͔͇ ͔͏͉͕ ͔͇ ͉͙͕͇͗ ͈͎͗͏͔͇ ̹͙͇͗͌ ͈͎͗͏͔͇ ̳͕͙͕͕͙͗ ͌͘ ͖͓͙͚͉͇͗͌͌͘ ͔͇ ͔͏͉͕ ͔͇ ͙͙͇͗͌ ͈͎͗͏͔͇ ̳͇͑͘͏͓͇͔͇͒ ͈͎͗͏͔͇ ̳͕͙͕͕͙͗ ͌͘
ZZZ HOHFWUROX[ FRP ̸͌ ͖͖͕͇͚͉͇͗͌͗͞ ͇͋ ͕͊ ͕͙͇͉͘͏͙͌ ͇͖͘͏͇͙͕͕͙͗͗ ͇͋ ͇͈͕͙͗͏ ͕͕͚͑͒ ͓͏͔͚͙͏ ͖͕ ͕͙͉͊͌Ͱ͙͕͌ ̮͇ ͇͋ ͇͈͕͙͗͏͙͌ ͕͘ ͇͖͘͏͇͙͕͕͙͗͗ ̶͗͏͙͏͔͙͌͌͘ ͔͕͌͋ ͕͋ ͖͉͗͏͙͌ ͎͇ ͇͋ ͕͊ ͕͖͑͞͏Ͱ͇ ͎͇ ͈͎͗͏͔͇ ͉͚͑͒͞͏͙͌ ͇͖͇͇͙͕͙͗ ̧͕͑ ͌ ͖͕͙͈͔͕͗͌ ͖͗͏͙͏͔͙͌͌͘ ͕͊ ͕͖͙͕͑͌͞ ͎͇ ͉͙͕͌͒͘ ͎͇ ͇͋ ͇ͮ ͕͉͙͌͒͘͏͙͌ ͖͕͉͗͟͏͔͇͙͇ ͎͇ ͕͙͉͊͌Ͱ͌ ̫͕͕͚͑͒͑ ͌ ͖͕͙͈͔͕͗͌ ͓͔͙͌͌͌͘ ͇ͮ ͈͎͗͏͔͇͙͇ ͕͘ ͖͗͏͙͏͇͑͘Ͱ͌ ͔͇ ͇͇͔͕͙͕͑͘ ͕͖͑͌͞ ̮͇ ͇͋ ͕͊ ͏͚͑͒͘͞͏͙͌ ͇͖͇͇͙͕͙͗ ͖͗͏͙͏͔͙͌͌͘ ͕͊ ͖͕͉͙͕͔͕͗ ͖͉͕͙͕͗ ͕͖͑͌͞ ͎͇ ͈͎͗͏͔͇ +REt+RRG ͚͔͛͑͝͏͇ͮ ̹͕͇ ͌ ͇͉͙͕͓͇͙͇͑͘ ͚͔͛͑͝͏͇ͮ
ЕЉГЎЍЗЖКГБ ̴̧̬̪ ̯ ̸̢̯̹̬̬̾ ̮͇͈͌͒͌͑͟͏ ͎͇ ͞͏͙͌͘Ͱ͙͕͌ ЖЮ гзйбклЮлЮ ЩЪйЩабЫжб ЭЮлЮйЬЮжлб б рЮлгб ̶͕͉͗͟͏͔͇͙͇ ͔͇ ͖͇͙͇͌͑͞ ͞͏͙͙͌͌͘ ͇ͮ ͕͘ ͓͇͌͑ ͖͇͑͗ ͔͇͙͕͖͔͇͌ ͕͘ ͙͕͖͇͒ ͉͕͇͋ ͏ ͙͉͕͗͌͋͘͘ ͎͇ ͞͏͙͌͘Ͱ͌ КйЮЭклЫЩ аЩ рбклЮѓЮ ЗЭЭйЯмЫЩёлЮ ёЩ рбклЩ оЩмЪЩлЩ НбдлЮй аЩ ёЩЬдЮж ̶͕ ͕͙͉͊͌Ͱ͙͕͌ ͔͕͌͑͏ ͕͉͋͌͒͏ ͕͋ ͇͖͇͇͙͕͙͗ ͓͕͍͌ ͇͋ ͌͘ ͎͇͇͙͊͗͌ ̮͇ ͇͋ ͏͎͈͔͌͊͌ ͖͕͇͉͇ͮ ͔͇ ͇͓͋͑͏ ͇͖͇͇͙͕͙͗ ͓͕͇͗ ͇͋ ͌͘ ͕͇͒͋͏ ͏ ͏͚͘͟͏ ͕͘ ͞͏͙͇͘ ͖͇͑͗ ͏͒͏ ͇͙͗͜͏͔͌͏ ͖͑͗͏ ̾͏͙͙͌͌͘ ͇͓͋͑͏ ͕͘ ͈͇͒͊ ͙͔͙͋͌͌͗͊͌ ̾͏͙͙͌͌͘ ͕͊ ͇͖͇͇͙͕͙͗ ͏ ͛͏͙͒͗͏͙͌ ͎͇ ͓͇͔͕͙͘͏͏ ͕͌͑ͮ͘ ͓͌͌͘͝ ̾
ZZZ HOHFWUROX[ FRP ̯͘͞͏͙͙͌͌͘ ͊͏ ͛͏͙͒͗͏͙͌ ͕͘ ͚͔ͩ͌͗͘ ͕͘ ͔͇͈͇͎͌͗͏͉͔͏ ͙͔͙͋͌͌͗͊͌͏ ͏͒͏ ͉͕ ͓͇͟͏͔͇ ͎͇ ͓͏͌Ͱ͌ ͇͕͉͋͘͏ ̳͇͟͏͔͇͙͇ ͎͇ ͓͏͌Ͱ͌ ͇͕͉͋͘͏ ͓͕͇͗ ͇͋ ͈͏͋͌ ͖͕͙͇͉͔͇͌͘ ͔͇ ͔͏͇͑͘ ͙͓͖͇͙͚͇͌͌͗͗ ͏ ͇͙͕͑͗͑ ͝͏͚͑͒͘ ̻͏͙͕͙͒͌͗ ͎͇ ͓͇͔͕͙͘͏͏ ͓͕͍͌ ͇͋ ͏͎͚͈͊͏ ͈͕͇ͮ ͔͓͇͌ ͉͒͏͇͔ͮ͏͌ ͉͎͗ ͖͕͓͇͔͌͗͛͗͘͏͙͌ ͔͇ ͇͖͇͇͙͕͙͗ ̮͇ ͇͋ ͊͏ ͙͇͉͘͏͙͌ ͛͏͙͒͗͏͙͌ ͔͇͎͇͋ ͏͎͉͙͗͌͌͟ ͊͏ ͖͉͗͏͙͌ ͉͇͋ ͕͌͑͗͞͏ ͉͕ ͕͈͇͙͔͗͌ ͕͗͌͋͒͌͋͘ ̶͕͉͙͕͙͗͌͌ ͊͏ ͕͌͑͗͞͏͙͌ ͎͇ ͘͏͙͌ ͛͏͙͒͗͏ ͇͕͑ ͌ ͓͕͍͔͕ ̮͇͓͔͚͉͇͌Ͱ͌ ͔͇ ͛͏͙͕͙͒͌͗ ͎͇ ͇͔ͮ͊͒͌ ИЙЎЍМИЙЎЍМЋЉЃЎ ̻͏͙͕͙͒͌͗ ͎͇ ͇͔ͮ͊͒͌ ͔͌ ͓͌͌͘ ͇͋ ͌͘
1('(5/$1'6 ,1+28'623*$9( 9(,/,*+(,'6,1)250$7,( (1 ,167$//$7,( %(6&+5,-9,1* 9$1 +(7 352'8&7 '$*(/,-.6 *(%58,. 21'(5+28' (1 5(,1,*,1* :,- '(1.
ZZZ HOHFWUROX[ FRP %(6&+5,-9,1* 9$1 +(7 352'8&7 2YHU]LFKW EHGLHQLQJVSDQHHO 1 2 3 4 5 6 7 )XQFWLH %HVFKULMYLQJ +REt+RRG ,QGLFDWRU YDQ GH IXQFWLH RP GH NDS YDQDI GH NRRNಣ SODDW WH EHVWXUHQ /DPS 6FKDNHOW GH ODPSHQ LQ HQ XLW (HUVWH VQHOKHLG 8LW 'H PRWRU VFKDNHOW RYHU QDDU KHW HHUVWH VQHOKHLGVQLಣ YHDX 7ZHHGH GUXN VFKDNHOW KHW DSSDUDDW XLW 7ZHHGH VQHOKHLG 'H PRWRU VFKDNHOW RYHU QDDU KHW WZHHGH VQHOKHLGVಣ QLYHDX 'HUGH VQHOKHLG 'H PRWRU VFKDNHOW RYHU QDDU KHW GHUGH
1('(5/$1'6 +HW ZRUGW DDQEHYROHQ RP GH NDS RQJHYHHU PLQXWHQ QD KHW NRNHQ WH ODWHQ ZHUNHQ JHGXUHQGH VHFRQGHQ DOV GH NRROILOWHU PRHW ZRUGHQ YHUYDQJHQ RI JHUHLQLJG =LH KHW JHGHHOWH RYHU KHW UHLQLJHQ YDQ GH YHWILOWHU LQ KHW KRRIGVWXN 2QGHUKRXG HQ UHLQLJLQJ 2P GH NDS 'UXN RS GH HHUVWH VQHOKHLGVNQRS RP KHW DSSDUDDW LQ WH VFKDNHOHQ 'UXN LQGLHQ QRGLJ RS GH OLFKWNQRS RP KHW NRRNRSSHUYODN WH YHUOLFKWHQ :LM]LJ LQGLHQ QRGLJ GH VQHOKHLG GRRU RS GH JHZHQVWH NQRS WH GUXNNHQ 2P KHW DSSDUDDW XLW
ZZZ HOHFWUROX[ FRP 21'(5+28' (1 5(,1,*,1* 2SPHUNLQJHQ RYHU VFKRRQPDNHQ *HEUXLN JHHQ VFKXUHQGH UHLQLJLQJVPLGGHOHQ HQ ERUVWHOV 0DDN KHW RSSHUYODN YDQ KHW DSSDUDDW VFKRRQ PHW HHQ ]DFKWH GRHN ZDUP ZDWHU HQ HHQ PLOG UHLQLJLQJVPLGGHO 5HLQLJLQJV഻ PLGGHOHQ 1D KHW NRNHQ NXQQHQ VRPPLJH RQGHUGHOHQ YDQ KHW DSSDUDDW KHHW ZRUGHQ 2P YOHNNHQ WH YRRUNRPHQ PRHW KHW DSSDUDDW DINRHOHQ HQ ZRUGHQ JHGURRJG PHW HHQ VFKRQH GRHN RI NHXNHQSDSLHU 5HLQLJ YOHNNHQ PHW HHQ PLOG UHLQLJLQJVPLGGHO 5HLQLJ KHW DSSDUDDW HQ VP
1('(5/$1'6 'H NRROILOWHU YHUYDQJHQ :$$56&+8:,1* 'H NRROILOWHU LV 1,(7 DIZDVEDDU 2P GH ILOWHU WH YHUYDQJHQ +DDO GH YHWILOWHUV XLW KHW DSSDUDDW =LH ಯ'H YHWILOWHU UHLQLJHQರ LQ GLW KRRIGVWXN 7UHN GH YRRUVWH UDQG LQ GH VOHXI QDDU KHW RQGHUVWH GHHO YDQ GH ILOWHU .
ZZZ HOHFWUROX[ FRP ,11+2/' 6,..(5+(76,1)250$6-21 2* ,167$//$6-21 352'8.7%(6.5,9(/6( '$*/,* %58. 67(// 2* 5(1*-5,1* 9, 7(1.
1256. 352'8.7%(6.5,9(/6( 2YHUVLNW RYHU EHWMHQLQJVSDQHOHW 1 2 3 4 5 6 7 )XQNVMRQ %HVNULYHOVH +REt+RRG ,QGLNDWRU IRU IXQNVMRQHQ IRU § NRQWUROOHUH NMºNNHQಣ YHQWLODWRUHQ IUD NRNHWRSSHQ /DPSH 6O§U ODPSHQH DY RJ S§ )ºUVWH KDVWLJKHW $Y 0RWRUHQ E\WWHU WLO IºUVWH KDVWLJKHWVQLY§ $QGUH WU\NN VO§U DY DSSDUDWHW $QGUH KDVWLJKHW 0RWRUHQ E\WWHU WLO DQGUH KDVWLJKHWVQLY§ 7UHGMH KDVWLJKHW 0RWRUHQ E\WWHU WLO WUHGMH KDVWLJKHWVQLY§ 0DNVLPDO IDUW 0RWRUHQ E\WWHU WLO PDNVLPDOW KDVWL
ZZZ HOHFWUROX[ FRP 7U\NN S§ GHQ IºUVWH KDVWLJKHWVNQDSSHQ IRU § VO§ S§ DSSDUDWHW (WWHU EHKRY WU\NNHU GX S§ O\VEU\WHUHQ IRU § EHO\VH VWHNHRYHUIODWHQ (WWHU EHKRY NDQ GX HQGUH KDVWLJKHWHQ YHG § WU\NNH S§ ºQVNHW NQDSS )RU § VO§ DY DSSDUDWHW WU\NNHU GX S§ NQDSSHQ IRU ODYHVWH KDVWLJKHW Q\WW S§ +REt+RRG IXQNVMRQ 'HWWH HU HQ DXWRPDWLVN IXQNVMRQ VRP NQ\WWHU NRNHWRSSHQ WLO HQ YHQWLODWRU %§GH NRNHWRSSHQ RJ YHQWLODWRUHQ KDU HQ LQIUDUºG VLJQDONRPPXQLNDWRU 9LIWHKDVWLJKHWHQ GHILQHUHV DXWRPDW
1256. 5HQJMºU SURGXNWHW RJ VPºU ILOWUHQH «Q JDQJ L P§QHGHQ 5HQJMºU LQQYHQGLJ RJ IHWWILOWUHQH JUXQGLJ IRU IHWW )HWWRSSVDPOLQJ HOOHU DQGUH UHVWHU NDQ IºUH WLO EUDQQ )ºOJ LQVWUXNVMRQHQH IRU UHQJMºULQJ DY WLOEHKºUHW Q§U ILOWHUYDUVHOHW HU S§ 6H )LOWHUYDUVHO L NDSLWWHOHW 'DJOLJ EUXN +ROG YHQWLODWR഻ )HWWILOWHUH NDQ YDVNHV L RSSYDVNPDVNLQ 2SSYDVNPDVNLQHQ P§ VWLOOHV LQQ S§ ODY WHPSHUDWXU RJ HW NRUW SURಣ UHQ UHQ JUDP )HWWILOWHUHW NDQ EOL PLVIDUJHW PHQ GHWWH KDU LQJHQ S§YLUNQLQJ S§ \WHOVHQ WLO SURGXNWHW
ZZZ HOHFWUROX[ FRP 6NLIWH O\VS¨UH 'HWWH SURGXNWHW OHYHUHV PHG HQ /(' S¨UH 'HQQH GHOHQ NDQ NXQ VNLIWHV DY HQ WHNQLNHU +YLV GHW RSSVW§U IHLO VH 6HUYLFH L NDSLWWHOHW 6LNNHUKHWVLQVWUXNVMRQHU %(6.<77(/6( $9 0,/-(7 5HVLUNXOHU PDWHULDOHU VRP HU PHUNHW PHG V\PEROHW /HJJ HPEDOODVMHQ L ULNWLJH EHKROGHUH IRU § UHVLUNXOHUH GHW %LGUDU WLO § EHVN\WWH PLOMºHW PHQQHVNHUV KHOVH RJ IRU § UHVLUNXOHUH DYIDOO DY HOHNWULVNH RJ HOHNWURQLVNH SURGXNWHU ,NNH NDVW SURGXNWHU VRP HU PHUNHW PHG V\PEROHW V
32/6., 63,6 75(Ĝ&, ,1)250$&-( '27<&=Æ&( %(=3,(&=(ą67:$ , ,167$/$&-, 23,6 85=Æ'=(1,$ &2'=,(11$ (.63/2$7$&-$ .216(5:$&-$ , &=<6=&=(1,( 0<Ĝ/,0< 2 72%,( ']LÛNXMHP\ ]D ]DNXS XU]ÇG]HQLD (OHFWUROX[ -HVW RQ RZRFHP G]LHVLÛFLROHFL GRĝZLDGF]HĆ L LQQR
ZZZ HOHFWUROX[ FRP ,1)250$&-( '27<&=Æ&( %(=3,(&=(ą67:$ , ,167$/$&-, 2675=(Ƽ(1,( ,QIRUPDFMH GRW\F]ÇFH EH]SLHF]HĆVWZD L LQVWDODFML VÇ ]DZDUWH Z RGUÛEQHM EURV]XU]H ಱ,QVWUXNFMD LQVWDODFMLರ 3U]HG SU]\VWÇSLHQLHP GR Xľ\WNRZDQLD OXE NRQVHUZDFML XU]ÇG]HQLD QDOHľ\ XZDľQLH SU]HF]\WDÉ UR]G]LDĄ\ GRW\F]ÇFH EH]SLHF]HĆVWZD 23,6 85=Æ'=(1,$ :LGRN SDQHOX VWHURZDQLD 1 2 3 4 5 6 7 )XQNFMD 2SLV +REt+RRG :VNDļQLN IXQNFML VWHURZDQLD RNDSHP ] SR]LRPX SĄ\W\ JU]HMQHM 2ĝZLHWOHQLH :ĄÇF]DQLH L Z\ĄÇF]D
32/6., 3RGJU]HZDQLH SRWUDZ JRWRZDQLH Z QDF]\QLDFK ] SRNU\ZNÇ *RWRZDQLH Z QDF]\QLDN ] SRNU\ZNÇ QD ZLHOX SRಣ ODFK JU]HMQ\FK OXE SDOQLNDFK GHOLNDWQH VPDľHQLH ,QWHQV\ZQH JRWRZDQLH VPDľHQLH GXľ\FK SRUFML SRWUDZ EH] SRNU\ZNL JRWRZDQLH QD ZLHOX SRODFK JU]HMQ\FK OXE SDOQLNDFK *RWRZDQLH L VPDľHQLH GXľ\FK SRUFML SRWUDZ EH] SRNU\ZNL GXľD LORĝÉ SDU\ 2NDS SUDFXMH ] PDNV\ಣ PDOQÇ SUÛGNRĝFLÇ 3R PLQXWDFK XU]ÇG]HQLH SRಣ ZUDFD GR SRSU]HGQLHJR XVWDZLHQLD =DOHFD VLÛ SR]RVWDZLHQLH ZĄÇF]RQHJR RNDSX SU]H] RN
ZZZ HOHFWUROX[ FRP :\ĄÇF]HQLH IXQNFML MHVW V\JQDOL]RZDQH MHGQRNURWQ\P PLJQLÛFLHP ZVNDļQLND $E\ SRGĄÇF]\É OXE RGĄÇF]\É SLORWD ]GDOQHJR VWHURZDQLD QDOHƽ\ :\ĄÇF]\É XU]ÇG]HQLH 3LORW ]GDOQHJR VWHURZDQLD 8U]ÇG]HQLH MHVW Z\SRVDľRQH Z SLORWD ]GDOQHJR VWHURZDQLD 1DFLVQÇÉ SU]H] VHNXQG\ :VNDļQLN QD SDQHOX VWHURZDQLD PLJQLH GZXNURWQLH MHĝOL IXQNFMD MHVW ZĄÇF]RQD OXE MHGHQ UD] MHĝOL MHVW Z\ĄÇF]RQD 3RĄÇF]HQLH MHVW GRP\ĝOQLH ZĄÇF]RQH .216(5:$&-$ , &=<6=&=(1,( 8ZDJL GRW\F]ÇFH F]
32/6., $E\ Z\PLHQLÉ ILOWU QDOHľ\ 1 2 'HOLNDWQLH RGFK\OLÉ SU]HGQLÇ F]ÛĝÉ ILOWUD Z GµĄ D QDVWÛSQLH SRFLÇJQÇÉ 3RZWµU]\É RELH F]\QQRĝFL SU]\ ZV]\VWNLFK ILOWUDFK 2F]\ĝFLÉ ILOWU\ JÇENÇ QDVÇF]RQÇ ĄDJRGQ\P GHWHUJHQWHP OXE XP\É Z ]P\ZDUFH 8VWDZLÉ Z ]P\ZDUFH QLVNÇ WHPSHUDWXUÛ L NUµWNL F\NO ]P\ZDQLD (ZHQWXDOQH RGEDUZLHQLH ILOWUD SU]HFLZWĄXV]F]RZHJR QLH PD ľDGQHJR ZSĄ\ZX QD G]LDĄDQLH XU]ÇG]HQLD =DPRQWRZDÉ ILOWU\ ] SRZURWHP Z XU]ÇG]HQLX Z\NRQXMÇF GZLH SLHUZV]H F]\QQRĝFL Z RGZURWQHM NROHMQR
ZZZ HOHFWUROX[ FRP 1',&( ,1)250$ 2 '( 6(*85$1$ ( ,167$/$ 2 '(6&5, 2 '2 352'872 87,/,=$ 2 ',5,$ 0$187(1 2 ( /,03(=$ (67$026 $ 3(16$5 (0 6, 2EULJDGR SRU WHU DGTXLULGR XP DSDUHOKR (OHFWUROX[ (VFROKHX X
32578*86 '(6&5, 2 '2 352'872 'HVFUL©¥R JHUDO GR SDLQHO GH FRQWUROR 1 2 3 4 5 6 7 )XQ©¥R 'HVFUL©¥R +REt+RRG ,QGLFDGRU GD IXQ©¥R SDUD FRQWURODU R H[DXVWRU D SDUWLU GD SODFD /¤PSDGD /LJD H GHVOLJD DV OX]HV 3ULPHLUD YHORFLGDGH 'HVOLJDGR 2 PRWRU PXGD SDUD R SULPHLUR Q¯YHO GH YHORFLGDGH $R SUHPLU VHJXQGD YH] GHVOLJD R DSDUHOKR 6HJXQGD YHORFLGDGH 2 PRWRU PXGD SDUD R VHJXQGR Q¯YHO GH YHORFLGDGH 7HUFHLUD YHORFLGDGH 2 PRWRU PXGD SDUD R WHUFHLUR Q¯YHO GH YHORFLGDGH
ZZZ HOHFWUROX[ FRP UHFRPHQG£YHO GHL[DU R H[DXVWRU D IXQFLRQDU GXUDQWH FHUFD GH PLQXWRV DSµV R ILP GRV FR]LQKDGRV 2SHUDU R H[DXVWRU 3ULPD R SULPHLUR ERW¥R GH YHORFLGDGH SDUD DWLYDU R DSDUHOKR 6H QHFHVV£ULR SULPD R ERW¥R GD OX] SDUD LOXPLQDU D SODFD 6H QHFHVV£ULR DOWHUH D YHORFLGDGH SUHPLQGR R ERW¥R SUHWHQGLGR 3DUD GHVOLJDU R DSDUHOKR SULPD R ERW¥R ILOWUR GH JRUGXUD 2 LQGLFDGRU GR ILOWUR SLVFD GXUDQWH VHJXQGRV VH IRU QHFHVV£ULR VXEVWLWXLU RX OLPSDU R ILOWUR GH FDUY¥R &RQVX
32578*86 0$187(1 2 ( /,03(=$ 1RWDV VREUH D OLPSH]D 1¥R XVH SURGXWRV GH OLPSH]D DEUDVLYRV QHP HVIUHJ·HV /LPSH D VXSHUI¯FLH GR DSDUHOKR FRP XP SDQR PDFLR FRP £JXD TXHQWH H XP GHWHUJHQWH VXDYH $JHQWHV GH OLPSH]D 'HSRLV GH FR]LQKDU DOJXPDV SDUWHV GR DSDUHOKR SRGHP ILFDU TXHQಣ WHV 3DUD HYLWDU PDQFKDV R DSDUHOKR GHYH DUUHIHFHU H VHU VHFR FRP XP SDQR OLPSR RX SDSHO GH FR]LQKD /LPSH PDQFKDV FRP XP GHWHUJHQWH VXDYH /LPSH R DSDUHOKR H RV ILOWURV GH JRUGXUD WRGRV RV PHVHV /LPSH FXLGDGRVDPHQWH D
ZZZ HOHFWUROX[ FRP /DYH RV ILOWURV FRP XPD HVSRQMD H GHWHUJHQWH QHXWUR RX QD P£TXLQD GH ODYDU ORL©D 3URJUDPH D P£TXLQD GH ODYDU ORL©D SDUD XP FLFOR FXUWR FRP WHPSHUDWXUD EDL[D 2 ILOWUR GH JRUGXUD SRGH ILFDU GHVERWDGR PDV LVVR Q¥R DIHWD R GHVHPSHQKR GR DSDUHOKR 3DUD LQVWDODU RV ILOWURV H[HFXWH RV SULPHLURV GRLV SDVVRV SHOD RUGHP LQYHUVD 5HSLWD RV SDVVRV HP WRGRV RV ILOWURV VH DSOLF£YHO 6XEVWLWXLU R ILOWUR GH FDUY¥R $9,62 2 ILOWUR GH FDUY¥R 1 2 SRGH VHU ODYDGR 3DUD VXEVWLWXLU R ILOW
5201$ &835,16 ,1)250$ۂ,, 35,9,1' 6,*85$1ۂ$ ۀ, ,167$/$5($ '(6&5,(5($ 352'868/8, 87,/,=$5($ =,/1,&Ä 1*5,-,5($ Ġ, &85ÄĤ$5($ 1( *1',0 /$ '96 9Å PXOۃXPLP FÅ DۃL DFKL]LۃLRQDW XQ DSDUDW (OHFWUROX[ $ĥL DOHV X
ZZZ HOHFWUROX[ FRP '(6&5,(5($ 352'868/8, 3UH]HQWDUHD SDQRXOXL GH FRPDQGÅ 1 2 3 4 5 6 7 )XQFģLH 'HVFULHUH +REt+RRG ,QGLFDWRUXO IXQFۃLHL GH FRQWURO DO KRWHL GH OD SOLWÅ %HF 3RUQHہWH ہL RSUHہWH OXPLQD 3ULPD WXUDۃLH 2SULW 0RWRUXO WUHFH OD SULPXO QLYHO DO WXUDۃLHL 2 D GRXD DSÅVDUH RSUHہWH DSDUDWXO $ GRXD WXUDۃLH 0RWRUXO WUHFH OD DO GRLOHD QLYHO DO WXUDۃLHL $ WUHLD WXUDۃLH 0RWRUXO WUHFH OD DO WUHLOHD QLYHO DO WXUDۃLHL 7XUDۃLD PD[LPÅ
5201$ 'DFÅ HVWH QHFHVDU DSÅVDۃL EXWRQXO &RQVXOWDۃL FXUÅۃDUHD ILOWUXOXL GH JUÅVLPH GLQ FDSLWROXO °QJULMLUHD ہL FXUÅۃDUHD OXPLQLL SHQWUX D OXPLQD VXSUDIDۃD GH JÅWLW 'DFÅ HVWH QHFHVDU VFKLPEDۃL WXUDۃLD DSÅV¤QG SH EXWRQXO GRULW 3HQWUX D RSUL DSDUDWXO DSÅVDۃL GLQ QRX EXWRQXO SULPHL WXUDۃLL &RQVXOWDۃL FXUÅۃDUHD ILOWUXOXL GH FÅUEXQH VDX °QORFXLUHD ILOWUXOXL GH FÅUEXQH GLQ FDSLWROXO °QJULMLUHD ہL FXUÅۃDUHD +REt+RRG IXQFۃLD (VWH R IXQFۃLH DXWRPDWÅ FDUH FRQ
ZZZ HOHFWUROX[ FRP &XUÅۃDۃL DSDUDWXO ہL ILOWUHOH GH JUÅVLPH °Q ILHFDUH OXQÅ &XUÅۃDۃL FX DWHQۃLH GH JUÅVLPH LQWHULRUXO ہL ILOWUHOH GH JUÅVLPH $FXPXODUHD GH JUÅVLPL VDX GH RULFH DOWH UH]LGXXUL SRDWH SURGXFH XQ LQFHQGLX 5HVSHFWDۃL LQVWUXFۃLXQLOH SHQWUX FXUÅۃDUHD DFFHVRULLORU DWXQFL F¤QG HVWH DFWLYDWÅ QRWLILFDUHD SHQWUX ILOWUX &RQVXOWDۃL 1RWLILFDUHD SHQWUX ILOWUX GLQ FDSLWROXO XWLOL]DUHD ]LOQLFÅ 3ÅVWUDģL KRWD FXUDWÅ )LOWUXO GH FÅU഻ EXQH )LOWUHOH GH JUÅVLPH VH SRW VSÅOD OD PDہ
5201$ Q RULFH VLWXDۃLH HVWH QHFHVDUÅ °QORFXLUHD ILOWUHORU FHO SXۃLQ OD ILHFDUH SDWUX OXQL QORFXLUHD EHFXOXL 3HQWUX D LQVWDOD QRXO ILOWUX XUPDۃL DFHHDہL SDہL °Q RUGLQH LQYHUVÅ $FHVW DSDUDW HVWH IXUQL]DW FX XQ EHF /(' $FHDVWÅ SLHVÅ VH °QORFXLHہWH H[FOXVLY GH FÅWUH XQ WHKQLFLDQ Q FD]XO XQHL GHIHFWÅUL FRQVXOWDۃL FDSLWROXO ಱ6HUYLFHರ GLQ ಱ,QVWUXFۃLXQL SULYLQG VLJXUDQۃDರ ,1)250$Ĥ,, 35,9,1' 0(',8/ 5HFLFODĥL PDWHULDOHOH PDUFDWH FX VLPEROXO 3HQWUX D UHFLFOD DPEDODMH
ZZZ HOHFWUROX[ FRP ̸̵̷̴̧̫̬̭̯̬ ̸̴̩̬̫̬̯͆ ̵ ̴̹̬̼̯̱̬ ̵̶̸̴̵̸̨̧̬̮̹̯ ̯ ̸̴̵̧̺̹̩̱̬ ̵̶̸̴̧̯̯̬ ̶̷̵̷̨̧̯ ̴̴̵̬̭̬̫̬̩̬ ̸̶̵̵̴̧̯̲̮̩̯̬̓ ̵̺̼̫ ̯ ̵̸̧̯̹̱̾ ̳͂ ̧̫̺̳̬̳ ̵ ̸̧̩ ̨͇͕͇͒͊͋͗͏͓ ͉͇͘ ͎͇ ͖͗͏͕͈͙͔͗͌͌͏͌ ͖͗͏͈͕͇͗ (OHFWUROX[ ̩͢ ͉͈͇͗͒͢͏ ͏͎͋͌͒͏͌ ͎͇ ͕͙͕͓͑͗͢
ЙМККГБВ ̸̴̩̬̫̬̯͆ ̵ ̴̹̬̼̯̱̬ ̵̶̸̴̵̸̨̧̬̮̹̯ ̯ ̸̴̵̧̺̹̩̱̬ ЋЖБЕЉЖБЎ ̸͉͔͌͋͌͏ͦ ͕ ͙͔͌͜͏͑͌ ͈͎͕͖͇͔͕͙͌͘͘͏ ͏ ͚͙͇͔͕͉͑͌͘ ͖͗͏͉͔͌͋͌͢ ͕͙͔͕͓͋͌͒ͣ ͈͚͙͑͒͌͌ ͕ ͙͔͌͜͏͑͌ ͈͎͕͖͇͔͕͙͌͘͘͏ ͏ ͚͙͇͔͕͉͑͌͘ ̶͍͗͌͋͌ ͓͌͞ ͖͕͗͏͎͉͕͋͏͙ͣ ͈͒ͥ͌͢ ͙͉͋͌͐͘͏ͦ ͖͕ ͏͖͕͎͕͉͇͔͒ͣ͘͏ͥ ͏͒͏ ͖͕͗͛͏͇͙͒͑͏͕͓͚͌͑͘͞ ͕͈͚͍͒͘͏͉͇͔͏ͥ ͖͗͏͈͕͇͗ ͉͔͏͓͇͙͔͕͌͒ͣ ͕͎͔͇͕͓͙͑ͣ͌ͣ͘ ͘ ͇͉͇͓͊͒͏ ͕͙͔͕ͦ͘͠͏͓͏ͦ͘ ͑ ͙͔͌͜͏͑͌ ͈͎͕͖͇͔͕͙͌͘͘͏ ̵̶̸̴̧̯̯̬ ̶̷̵̷̨̧̯ ̵͈͠͏͐ ͉͏͋ ͖͇͔͌͒͏ ͚͖͇͉͔͗͒͌͏ͦ 1 2 3 4 5 6 7 Нмжгпбш ЗибкЩжбЮ +REt+RRG ̯͔͋͏͇͙͕͑͗ ͚͔͛͑͝͏͏ ͖͕͎͉͕͒ͦͥ͌͐͠ ͚͖͇͉͙͗͒ͦͣ ͉͙͍͕ͦ͑͐͢ ͘ ͉͇͕͔͗͞
ZZZ HOHFWUROX[ FRP ̴̴̵̬̭̬̫̬̩̬ ̸̶̵̵̴̧̯̲̮̩̯̬̓ ̯͖͕͎͕͉͇͔͒ͣ͘͏͌ ͉͙͍ͦ͑͢͏ ̷͕͓͔͕͉͇͔͔͌͑͌͋͌͢ ͎͔͇͔͌͞͏ͦ ͕͕͙͑͗͘͘͏ ͖͗͏͉͔͌͋͌͢ ͉ ͙͇͈͒͏͌͝ ͔͏͍͌ ̷͇͎͕͉͊͗͌ ͖͕͚͙͕͉͗͋͑ ͉ ͖͕͚͋͌͘ ͔͇͙͕͑͗͐͢ ͑͗͢ಣ ͇͓͑͟͏ ̶͗͏͕͙͕͉͔͊͒͌͏͌ ͉ ͖͕͚͋͌͘ ͔͇͙͕͑͗͐͢ ͇͓͑͗͑͢͟͏ ͔͇ ͔͕͌͑͒ͣ͑͘͏͜ ͕͔͕͇͑͛͗͑͜ ͏͒͏ ͕͇͊͗͌͒͑͜ ̭͇͇͗͑ ͓͇͕͒͐ ͏͔͙͔͌͘͏͉͔͕͙͘͏ ̱͏͖͔ͦ͌͞͏͌ ͍͇͇͗͑ ͈͕͕͕͒ͣ͊͟ ͕͑͒͏͙͉͇͌͘͞ ͖͕͗ಣ ͚͙͕͉͋͑ ͈͎͌ ͑͗͑͢͟͏ ͖͗͏͕͙͕͉͔͊͒͌͏͌ ͔͇ ͔͕͌͑͒ͣ͘ಣ ͑͏͜ ͕͔͕͇͑͛͗͑͜ ͏͒͏ ͕͇͊͗͌͒͑͜ ̱͏͖͔ͦ͌͞͏͌ ͍͇͇͗͑ ͈͕͕͕͒ͣ͊͟ ͕͑͒͏͙͉͇͌͘͞ ͖͕͗ಣ ͚͙͕͉͋͑ ͈͎͌ ͑͗͑͢͟͏ ͖͗͏ ͉͕͕͑͐͘͢ ͉͇͍͔͕͙͒͘͏ ̩͙͍͇ͦ͑͢ ͇͈͕͙͇͙͗͌
ЙМККГБВ ̸͓ ͇͎͗͋͌͒ m̵͞͏͙͇͑͘ ͍͏͕͚͇͉͗͒͒͏͉͇͕ͥ͌͊͠ ͛͏͙͇͒ͣ͗} ͉ ͇͉͊͒͌ m̺͕͋͜ ͏ ͕͞͏͙͇͑͘} ̸͓ ͕͖͏͇͔͘͏͌ ͖͕͚͗͌͋͗͢͝ ͕͞͏͙͑͘͏ ͏͒͏ ͎͇͓͔͌͢ ͚͕͔͕͕͊͒ͣ͊ ͛͏͙͇͒ͣ͗ ͉ ͇͉͊͒͌ m̺͕͋͜ ͏ ͕͞͏͙͇͑͘} ̫͒ͦ ͈͕͇͗͘͘ ͚͔͛͑͝͏͏ ͔͇͍͓͏͙͌ ͏ ͚͍͋͌͗͏͉͇͙͐͌ ͔͕͖͚͑͑ ͚͔͌͑͋͘ ͉ ͙͔͌͌͞͏͌ ͙͗͌͜ ЋгдчрЮжбЮ бдб ЫфгдчрЮжбЮ нмжгпбб ̫͒ͦ ͉͔͑͒ͥ͌͞͏ͦ ͚͔͛͑͝͏͏ ͔͇͍͓͏͙͌ ͏ ͚͍͋͌͗͏͉͇͙͐͌ ͔͕͖͚͑͑ ͚͔͌͑͋͘ ͉ ͙͔͌͌͞͏͌ ̬͒͘͏ ͚͔͛͑͝͏ͦ ͉͔͇͑͒ͥ͌͞ ͏͔͋͏͇͙͕͑͗ ͓͏͔͙͊͌ ͉͇͋ ͇͎͇͗ ̫͒ͦ ͉͔͑͒ͥ͌͢͞͏ͦ ͚͔͛͑͝͏͏ ͔͇͍͓͏͙͌ ͏ ͚͍͋͌͗͏͉͇͙͐͌ ͔͕͖͚͑͑ ͙͔͌͌͞͏͌ ͚͔͌͑͋͘ ̬͒͘͏ ͚͔͛͑͝͏ͦ ͉͔͇͑͒ͥ͌͢͞ ͏͔
ZZZ HOHFWUROX[ FRP ̷͇͎ ͉ ͓͌ͦ͘͝ ͖͕͗͏͎͉͕͋͏͙͌ ͕͞͏͙͚͑͘ ͖͗͏͈͕͇͗ ͏ ͍͏͕͚͇͉͗͒͒͏͉͇ͥಣ ͠͏͜ ͛͏͙͕͉͒ͣ͗ ̹͇͙͔͕͌͒ͣ͠ ͕͞͏͇͙͐͌͠ ͉͔͚͙͔͔͗͌͏͌ ͖͕͉͔͕͙͌͗͘͜͏ ͏ ͍͏͕͚͇͉͗͒͒͏͉͇ͥ͠͏͌ ͛͏͙͒ͣ͗͢ ͕͙ ͍͏͇͗ ̴͇͕͖͔͑͒͌͏͌ ͍͏͇͗ ͏͒͏ ͚͋͗͊͏͜ ͕͙͕͍͔͒͌͏͐ ͓͕͍͙͌ ͖͗͏͉͙͌͘͏ ͑ ͉͕͎͕͇͔͊͗͏ͥ ̶͗͏ ͉͔͑͒ͥ͌͞͏͏ ͚͉͕͓͔͌͋͒͌͏ͦ ͕ ͛͏͙͒ͣ͗͌ ͚͙͒͌͋͐͌͘ ͏͔͙͚͗͑͘͝͏͓ͦ ͖͕ ͕͞͏͙͑͌͘ ͇͚͇͕͉͑͌͗͘͘͘ ̸͓ m̺͉͕͓͔͌͋͒͌͏͌ ͕ ͛͏͙͒ͣ͗͌} ͉ ͇͉͊͒͌ m̫͚͕͉͕͐͜ ͇͑͛͟ ͍͔͉͔͕͌͌͋͌͌ ͏͖͕͎͕͉͇͔͒ͣ͘͏͌} ЍЮйЯблЮ Ыф഻ лшЯгм Ы рб഻ клзлЮ ̭͏͕͚͇͉͗͒͒͏͉͇ͥ͠͏͌ ͛͏͙͒ͣ͗͢ ͓͕͍͔͕ ͓͙ͣ͢ ͉ ͖͕͚͕͓͕͔͕͋͌͐͘͞ ͓͇͟͏͔͌ ̶͕͚͕͓͕͔͇͋͌ͦ͘͞ ͓͇͟͏͔͇
ЙМККГБВ ̴͇͍͓͏͙͌ ͔͇ ͖͔͌͗͌͋͏͐ ͇͑͗͐ ͉͓͌͑͢͏ ͉͖͌͗͌͋ ͖͕ ͔͇͖͇͉͔͗͒͌͏ͥ ͑ ͔͏͍͔͌͐ ͇͙͘͞͏ ͛͏͙͇͒ͣ͗ ̴͓͔͕͕͌͊ ͔͇͕͔͑͒͏͙͌ ͖͔͌͗͌͋ͥͥ ͇͙ͣ͘͞ ͛͏͙͇͒ͣ͗ ͉͔͏͎ ̫͒ͦ ͚͙͇͔͕͉͑͘͏ ͔͕͉͕͕͊ ͛͏͙͇͒ͣ͗ ͉͖͕͔͒͢͏͙͌ ͙͌ ͍͌ ͇͊͟͏ ͉ ͕͈͇͙͔͕͓͗ ͖͕͗ͦ͋͑͌ ̩ ͈͕͓͒ͥ ͚͇͒͌͘͞ ͎͇͓͔͚͌ ͛͏͙͇͒ͣ͗ ͔͕͈͕͌͋͜͏͓͕ ͖͕͗͏͎͉͕͋͏͙ͣ ͇͑͑ ͓͏͔͏͓͚͓ ͕͋͏͔ ͇͎͗ ͉ ͇͍͑͋͌͢ ͙͌͗͌͢͞ ͓͇͌ͦ͘͝ ̮͇͓͔͇͌ ͇͓͖͒͢ ̩ ͕͓͖͙͑͒͌͑ ͖͕͙͇͉͑͘͏ ͖͗͏͈͕͇͗ ͉͕͋͜͏͙ ͉͙͕͌͋͘͏͕͔͇͋ͦ ͇͓͖͇͒ ̫͇͔͔͇ͦ ͙͇͋͌͒ͣ ͓͕͍͙͌ ͈͙ͣ͢ ͎͇͓͔͔͇͌͌ ͙͕͕͒ͣ͑ ͙͔͌͜͏͌͑͘͞͏͓ ͖͌͘͝͏͇͒͏͙͕͓͘ ̩ ͚͇͒͌͘͞ ͈͒ͥ͢͜ ͔͌͏͖͇͉͔͕͙͗͌͐͘͘ ͓͘ m̸͉͌͗͏͘} ͇͉͊͒͢ m̺͇͎͇͔͑͏ͦ
ZZZ HOHFWUROX[ FRP 2%6$+ %(=3(Î12671 32.<1< $ ,1Ģ7$/&,$ 323,6 952%.8 .$Ŀ'2'(11 328Ŀ9$1,( 2Ģ(7529$1,( $ Î,67(1,( 1$95+187 35( 96 ÐDNXMHPH ŀH VWH VL ]DN¼SLOL VSRWUHELÏ (OHFWUROX[ 9\EUDOL
6/29(16.< 323,6 952%.8 3UHKĀDG RYO£GDFLHKR SDQHOD 1 2 3 4 5 6 7 )XQNFLD 3RSLV +REt+RRG 8ND]RYDWHĀ IXQNFLH RYO£GDQLD RGV£YDÏD S£U ] YDUಣ Q«KR SDQHOD 2VYHWOHQLH =DSQXWLH D Y\SQXWLH RVYHWOHQLD 3UY£ U¿FKORVħ PRWRUD 9\SQXW« 0RWRU VD SUHSQH QD SUY¼ ¼URYHĊ U¿FKORVWL 'UXK¿P VWODÏHQ¯P Y\SQHWH VSRWUHELÏ 'UXK£ U¿FKORVħ 0RWRU VD SUHSQH QD GUXK¼ ¼URYHĊ U¿FKORVWL 7UHWLD U¿FKORVħ 0RWRU VD SUHSQH QD WUHWLX ¼URYHĊ U¿FKORVWL 0D[LP£OQD U¿FKORVħ 0RWRU VD SUHSQH QD PD[LP
ZZZ HOHFWUROX[ FRP 2GSRU¼ÏD VD QHFKDħ RGV£YDÏ S£U Y ÏLQQRVWL SULEOLŀQH PLQ¼W SR YDUHQ¯ $N FKFHWH SRXŀ¯YDħ RGV£YDÏ S£U 6SRWUHELÏ ]DSQLWH VWODÏHQ¯P WODÏLGOD SUYHM U¿FKORVWL 9 SU¯SDGH SRWUHE\ VWODÏWH WODÏLGOR RVYHWOHQLD DE\ VWH RVYHWOLOL YDUQ¿ SRYUFK 9 SU¯SDGH SRWUHE\ ]PHĊWH U¿FKORVħ VWODÏHQ¯P ŀHODQ«KR WODÏLGOD $N FKFHWH Y\SQ¼ħ VSRWUHELÏ RS¦WRYQH VWODÏWH WODÏLGOR SUYHM U¿FKORVWL +REt+RRG IXQNFLD -H WR DXWRPDWLFN£ IXQNFLD VS£MDM¼FD YDUQ¿ SDQHO V RGV£YDÏRP S£U 9DUQ¿ SDQHO
6/29(16.< 2Ģ(7529$1,( $ Î,67(1,( 3R]Q£PN\ N ÏLVWHQLX 1HSRXƿ¯YDMWH DEUD]¯YQH ÏLVWLDFH SURVWULHGN\ D NHI\ 3RYUFK VSRWUHELÏD RÏLVWLWH P¦NNRX KDQGULÏNRX QDPRÏHQRX Y WHSOHM YRGH V SU¯GDYNRP ÏLVWLDFHKR SURVWULHGNX ÎLVWLDFH SUR഻ VWULHGN\ 3RÏDV YDUHQLD VD P¶ŀX QLHNWRU« ÏDVWL VSRWUHELÏD ]RKULDħ QD Y\ģģLX WHSORWX $E\ VWH SUHGLģOL ģNYUQ£P VSRWUHELÏ PXV¯WH QHFKDħ Y\FKODGಣ Q¼ħ D Y\VXģLħ V ÏLVWRX KDQGULÏNRX DOHER SDSLHURY¿PL XWLHUNDPL ĢNYUQ\ ÏLVWLWH MHPQ¿P ÏLVWLDFLP SURVWULHGNRP .DŀG¿ PHVLDF Y\ÏLVWLWH
ZZZ HOHFWUROX[ FRP 9¿PHQD ILOWUD V XKO¯P 9$529$1,( )LOWHU V XKO¯P VD QHVPLH XP¿YDħ 9¿PHQD ILOWUD =R VSRWUHELÏD Y\EHUWH WXNRY« ILOWUH 3R]ULWH VL ÏDVħ ಱÎLVWHQLH WXNRY«KR ILOWUDಯ Y WHMWR NDSLWROH 3UHGQ¿ RNUDM Y GU£ŀNH ]DWODÏWH VPHURP N GROQHM ÏDVWL ILOWUD 3UHGQ¼ ÏDVħ ILOWUD PLHUQH QDNORĊWH QDGRO 3UL LQģWDO£FLL QRY«KR ILOWUD ]YRĀWH RSDÏQ¿ SRVWXS 9 NDŀGRP SU¯SDGH MH SRWUHEQ« Y\PHQLħ ILOWUH PLQLP£OQH NDŀG« ģW\UL PHVLDFH 9¿PHQD RVYHWOHQLD 6SRWUHELÏ VD GRG£YD V /(' RVYHWOHQ¯P 7HQW
6/29(1ơÎ,1$ .$=$/2 9$512671( ,1)250$&,-( ,1 1$0(67,7(9 23,6 ,='(/.$ 96$.
ZZZ HOHFWUROX[ FRP 23,6 ,='(/.$ 3UHJOHG XSUDYOMDOQH SORģÏH 1 2 3 4 5 6 7 )XQNFLMD 2SLV +REt+RRG .
6/29(1ơÎ,1$ 3R SRWUHEL V SULWLVNRP ŀHOHQH WLSNH VSUHPHQLWH KLWURVW =D L]NORS QDSUDYH SRQRYQR SULWLVQLWH WLSNR ]D SUYR KLWURVW )XQNFLMD +REt+RRG 2JOHMWH VL }ÎLģÏHQMH DOL ]DPHQMDYD RJOHQHJD ILOWUDm Y SRJODYMX ÎLģÏHQMH LQ Y]GUŀHYDQMH =D SRQDVWDYLWHY IXQNFLMH WUL VHNXQGH -H VDPRGHMQD IXQNFLMD NL SRYHŀH NXKDOQR SORģÏR V NXKLQMVNR QDSR .
ZZZ HOHFWUROX[ FRP 1DSUDYR LQ PDģÏREQH ILOWUH RÏLVWLWH YVDN PHVHF = QRWUDQMRVWL LQ PDģÏREQLK ILOWURY SUHYLGQR RÏLVWLWH PDģÏRER 1DNRSLÏHQD PDģÏRED DOL GUXJL RVWDQNL ODKNR SRY]URÏLMR SRŀDU .
6/29(1ơÎ,1$ =DPHQMDYD ŀDUQLFH 7D QDSUDYD LPD /(' ŀDUQLFR 7D GHO ODKNR ]DPHQMD VDPR VWURNRYQMDN 9 SULPHUX NDNUģQHNROL QDSDNH VL RJOHMWH }6HUYLVm Y SRJODYMX }9DUQRVWQD QDYRGLODm 6.5% =$ 2.
ZZZ HOHFWUROX[ FRP 350%$-7-$ ,1)250$&,21, , 6,*85,6 '+( ,167$/,0, 356+.5,0 , 352'8.7,7 35'25,0, , 35',76+0 .8-'(6, '+( 3$675,0, 1( 0(1'2-0 35 -8 )DOHPLQGHULW SU EOHUMHQ H QM SDMLVMHMH (OH[WUROX[ .
6+4,3 356+.5,0 , 352'8.7,7 3UPEOHGKMH H SDQHOLW W NRQWUROOLW 1 2 3 4 5 6 7 )XQNVLRQL 3UVKNULPL +REt+RRG 7UHJXHVL L IXQNVLRQLW SU W NRQWUROOXDU DVSLUDWRULQ QJD SLDQXUD /ODPED 1GH] GKH ILN GULWDW 6KSHMWVLD H SDU )LNXU 0RWRUL NDORQ Q QLYHOLQ H SDU W VKSHMWVLV 6KW\SMD H G\W H ILN SDMLVMHQ 6KSHMWVLD H G\W 0RWRUL NDORQ Q QLYHOLQ H G\W W VKSHMWVLV 6KSHMWVLD H WUHW 0RWRUL NDORQ Q QLYHOLQ H WUHW W VKSHMWVLV 6KSHMWVLD PDNVLPDOH 0RWR
ZZZ HOHFWUROX[ FRP 5HNRPDQGRKHW T WD OLQL DVSLUDWRULQ Q SXQ SU UUHWK PLQXWD SDV JDWLPLW 3U W SUGRUXU DVSLUDWRULQ QGL]HW SU VHNRQGD QVH ILOWUL L \QG\UV GXKHW W SDVWURKHW 7UHJXHVL L ILOWULW SXOVRQ SU VHNRQGD QVH ILOWUL L NDUERQLW GXKHW W QGUURKHW RVH W SDVWURKHW 6KW\SQL EXWRQLQ H SDU W VKSHMWVLV 6KLNRQL SDVWULPLQ H ILOWULW W \QG\UV Q NDSLWXOOLQ H NXMGHVLW GKH W SDVWULPLW SU W QGH]XU SDMLVMHQ 1VH VKW QHYRMD VKW\SQL EXWRQLQ H GULWV SU W QGUL©
6+4,3 .8-'(6, '+( 3$675,0, 6KQLPH PEL SDVWULPLQ 0RV SUGRUQL GHWHUJMHQWH JUU\HVH GKH IXU©D 3DVWURQL VLSUIDTHQ H SDMLVMHV PH QM FRS W EXW PH XM W QJURKW GKH QM GHWHUJMHQW W EXW 3DV SDVWULPLW GLVD SMHV W SDMLVMHV PXQG W Q[HKHQ 3U W VKPDQJXU QMROODW SDMLVMD GXKHW W OLKHW W IWRKHW GKH W WKDKHW PH QM OHFN RVH NDUWSHFHWD W SDVWUD $JMHQWW H SDVWULPLW 3DVWURQL QMROODW PH QM GHWHUJMHQW W EXW 0EDMHQL DVSLUDWRULQ W SDVWU )LOWUL L NDUERQLW 3DVWURMHQL SDMLVMHQ GKH I
ZZZ HOHFWUROX[ FRP 1GUULPL L ILOWULW W NDUERQLW 3$5$/$-05,0 )LOWUL L NDUERQLW QXN PXQG W ODKHW 3U W QGUUXDU ILOWULQ +LTQL ILOWUDW H \QG\UV QJD SDMLVMD 5HIHURMXQL SMHVV ಯ3DVWULPL L ILOWULW W \QG\UVರ Q NW NDSLWXOO 6KW\SQL DQQ H SUSDUPH Q IROH GUHMW SMHVV V SRVKWPH W ILOWULW $QRMHQL OHKW SMHVQ H SUSDUPH W ILOWULW SRVKW 3U W LQVWDOXDU QM ILOWU W UL NU\HQL W QMMWDW KDSD Q UHQG W NXQGUW 1 ©GR UDVW VKW H QHYRMVKPH T W QGUURKHQ ILOWUDW W SDNWQ
КЙИКГБ ̸̷̧̧̫̭̠ ̴̵̷̧̯̻̳̯̠̬̽ ̵ ̴̵̸̨̨̬̮̬̫̹̯ ̯ ̴̸̧̧̯̹̲̯̠̯̽ ̵̶̸̯ ̶̷̵̵̧̯̮̩̫ ̸̵̴̴̧̧̩̱̫̬̩ ̶̵̷̨̧̺̹̬ ̴̧̬̪ ̯ ̢̯̣̬̬̾̿ ̸̵̳̯̲̯̳ ̴̧ ̸̧̩ ̼͉͇͇͒ ͙͕͟ ͙͌͘ ͚͖͑͏͒͏ (OHFWUROX[ ͚͇͗͌ͨͮ ̯͎͇͈͇͗͒͏ ͙͌͘ ͖͕͗͏͎͉͕͋ ͕͑ͮ͏ ͇͘ ͕͈͕͓͘ ͕͔͕͋͘͏ ͋͌͝
ZZZ HOHFWUROX[ FRP ̵̶̸̯ ̶̷̵̵̧̯̮̩̫ ̶͗͌͊͒͌͋ ͕͓͇͔͔͑͋͌ ͙͇͈͒͌ 1 2 3 4 5 6 7 НмжгпбёЩ Зибк +REt+RRG ̯͔͋͏͇͙͕͑͗ ͚͔͛͑͝͏ͮ͌ ͎͇ ͚͖͇͉͇͗ͯͰ͌ ͇͖͘͏͇͙͕͕͓͗͗ ͖͕͗͌͑ ͖͕͒͌͞ ͎͇ ͚͉͇͑Ͱ͌ ̲͇͓͖͏͇͝ ̺͚͚͑ͯͮ͌͞ ͏ ͏͚͚͑ͯͮ͌͘͞ ͉͙͇͌͒͘ ̶͉͇͗ ͈͎͗͏͔͇ ̯͘ಣ ͚͔͕͑ͯ͌͞ ̳͕͙͕͗ ͌͘ ͖͈͇͚͗͌ͮ͌͝ ͔͇ ͖͉͗͏ ͔͏͉͕ ͈͎͗͏͔͌ ̫͚͗͊͏͓ ͖͗͏͙͏͕͓͑͘ ͚͇͗͌ͨͮ ͌͘ ͇͊͘͏ ̫͚͇͗͊ ͈͎͗͏͔͇ ̳͕͙͕͗ ͌͘ ͖͈͇͚͗͌ͮ͌͝ ͔͇ ͚͋͗͊͏ ͔͏͉͕ ͈͎͗͏͔͌ ̹͗͌ͱ͇ ͈͎͗͏͔͇ ̳͕͙͕͗ ͌͘ ͖͈͇͚͗͌ͮ͌͝ ͔͇ ͙͗͌ͱ͏ ͔͏͉͕ ͈͎͗͏͔͌ ̳͇͑͘͏͓͇͔͇͒ ͈͎͗͏͔͇ ̳͕͙͕͗ ͌͘ ͖͈͇͚͗͌ͮ͌͝ ͔͇ ͓͇͑͘͏͓͇͔͒͏ ͔͏͉͕ ͈͗
КЙИКГБ ̯͔͋͏͇͙͕͑͗ ͛͏͙͇͒͌͗ ͙͖͗͌͌͗͏ ͔͇ ͚͔͌͑͋͘͏ ͇͕͑ ͛͏͙͒͌͗ ͇͘ ͇͙͑͏͉͔͏͓ ͚͓͊ͯ͌ ͙͈͇͗͌ ͇͋ ͌͘ ͎͇͓͔͌͏ ͏͒͏ ͕͞͏͙͘͏ ̶͖͕͚͚͗͌͗ͮ͌͞ ͌͘ ͇͋ ͕͙͇͉͘͏͙͌ ͇͖͘͏͇͙͕͗͗ ͇͋ ͇͗͋͏ ͖͗͏͈͒͏͍͔͕ ͓͏͔͚͙͇ ͔͇͕͔͑ ͚͉͇͑Ͱ͇ ̶͕͇͙͊͒͌͋ͮ͌ ͕͇͋͌ͯ͑ ಱ̾͏͟ͱ͌Ͱ͌ ͛͏͙͇͒͌͗ ͎͇ ͓͇͙͘ರ ͚ ͖͕͇͉͚͊͒ͯ ಱ̴͇͌͊ ͏ ͞͏͟ͱ͌Ͱ͌ರ ̫͇ ͈͏͙͌͘ ͕͑͗͏͙͘͏͒͏ ͇͖͘͏͇͙͕͗͗ ̶͗͏͙͏͔͘͏͙͌ ͖͉͕͗ ͚͓͋͊͌ ͎͇ ͈͎͗͏͔͚ ͇͋ ͈͏͙͌͘ ͚͚͑ͯ͞͏͒͏ ͚͇͗͌ͨͮ ̧͕͑ ͮ͌ ͖͕͙͈͔͕͗͌ ͖͗͏͙͏͔͘͏͙͌ ͚͓͋͊͌ ̶͕͇͙͊͒͌͋ͮ͌ ͕͇͋͌ͯ͑ ಱ̾͏͟ͱ͌Ͱ͌ ͛͏͙͇͒͌͗ ͎͇ ͓͇͙͘ರ ͏͒͏ ಱ͎͇͓͔͇͌ ͛͏͙͇͒͌͗ ͇͘ ͇͙͑͏͉͔͏͓ ͚͓͊ͯ͌ರ ͚ ͖͕͇͉͚͊͒ͯ ಱ̴͇͌͊ ͏ ͞͏͟ͱ͌Ͱ͌ರ ͎͇ ͘
ZZZ HOHFWUROX[ FRP ̴̧̬̪ ̯ ̢̯̣̬̬̾̿ ̴͇͖͕͓͔͌͌ ͚ ͉͎͌͏ ͇͘ ͞͏͟ͱ͌Ͱ͓͌ ЖЮ гзйбклблЮ ЩЪйЩабЫжЮ ЭЮлЮйјЮжлЮ бдб рЮлгЮ ̵͈͗͏͟͏͙͌ ͖͕͉͗͟͏͔͚ ͚͇͇͗͌ͨͮ ͓͕͓͌͑ ͖͕͓͑͗ ͙͕͖͕͓͒ ͉͕͕͓͋ ͏ ͈͇͒͊͏͓ ͙͉͕͓͗͌͋͘͘ ͎͇ ͞͏͟ͱ͌Ͱ͌ КйЮЭклЫЩ аЩ рбсєЮѓЮ ̶͕͒͌͘ ͚͉͇͑Ͱ͇ ͔͌͑͏ ͕͉͋͌͒͏ ͚͇͇͗͌ͨͮ ͓͕͚͊ ͇͋ ͈͚͚͋ ͉͗͌͒͏ ̫͇ ͈͏ ͌͘ ͏͎͈͇͌͊͒ ͖͕͇͉͇ͮ ͇͛͒͌͑ ͚͇͗͌ͨͮ ͓͕͇͗ ͇͋ ͌͘ ͕͇͒͋͜͏ ͏ ͕͚͘͟͏ ͞͏͙͕͓͘ ͙͇͔͑͏͔͕͓ ͏͒͏ ͖͇͖͏͔͗͏͓ ͚͈͚͕͓͗͘ ̵͞͏͙͘͏͙͌ ͓͗ͯ͌ ͈͇͒͊͏͓ ͙͋͌͌͗ʹ͔͙͕͓͌ ̺͇͗͌ͨͮ ͏ ͛͏͙͒͌͗͌ ͎͇ ͓͇͔͕͘ͱ͚ ͞͏͙͘͏͙͌ ͉͇͕͑͊͘ ͓͇͌͌͘͝ ̺͔͚͙͇͗͟ಣ Ͱ͕͙͘ ͏ ͛͏͙͒͌͗͌ ͎͇ ͓͇͔͕͘ͱ͌ ͕͈͕͋͗ ͕͞͏͙͘͏͙
КЙИКГБ ̳͇͟͏͔͇ ͎͇ ͖͇͗Ͱ͌ ͚͕͉͇͋͘ ͓͕͇͗ ͈͏͙͏ ͖͕͔͇͋͌͌͟ ͔͇ ͔͏͚͑͘ ͙͓͖͇͙͚͚͌͌͗͗ ͏ ͇͙͇͑͗͑ ͝͏͚͑͒͘ ̻͏͙͒͌͗ ͎͇ ͓͇͔͕͘ͱ͌ ͓͕͍͌ ͇͋ ͖͕͓͔͗͌͏ ͈͕͚ͮ ͇͒͏ ͙͕ ͔͓͇͌ ͚͙͏͇͇ͮ͝ ͔͇ ͚͞͏͔͇͑ ͚͇͇͗͌ͨͮ ̫͇ ͈͏͙͌͘ ͉͇͙͗͏͒͏ ͛͏͙͒͌͗ ͔͇ ͓͙͕͌͘ ͒͌͋͘͏͙͌ ͖͉͇͗ ͉͇͋ ͕͇͇͑͗͑ ͕͈͔͚͙͗͏͓ ͕͕͓͗͌͋͒͌͋͘ ̶͕͔͕͉͏͙͌ ͕͇͑͗͑͌ ͎͇ ͉͌͘ ͛͏͙͒͌͗͌ ͇͕͑ ͮ͌ ͙͕ ͓͕͚͊ͱ͌ ̮͇͓͔͇͌ ͚͔͕͊ͯ͌͊ ͛͏͙͇͒͌͗ МИЗАЗЙЎЃЎ ̺͔͊ͯ͌͏ ͛͏͙͒͌͗ ͔͏ͮ͌ ͓͕͚͊ͱ͌ ͖͇͙͗͏ ̫͇ ͈͏͙͌͘ ͎͇͓͔͌͏͒͏ ͛͏͙͒͌͗ ̯͎͉͇͋͏͙͌ ͛͏͙͒͌͗͌ ͎͇ ͓͇͔͕͘ͱ͌ ͏͎ ͚͇͇͗͌ͨͮ ̶͕͇͙͊͒͌͋ͮ͌ ͕͇͋͌ͯ͑ ಱ̾͏͟ͱ͌Ͱ͌ ͛͏͙͇͒͌͗ ͎͇ ͓͇͔͕͘ͱ͌ಯ ͚ ͕͉͕͓ ͖͕͇͉͚͊͒ͯ ̶͗͏͙͏͘
ZZZ HOHFWUROX[ FRP ,11(+// 6.(5+(76,1)250$7,21 2&+ ,167$//$7,21 352'8.7%(6.5,91,1* '$*/,* $191'1,1* 6.76(/ 2&+ 5(1*5,1* 9, 71.
69(16.$ 352'8.7%(6.5,91,1* %HVNULYQLQJ DY NRQWUROOSDQHOHQ 1 2 3 4 5 6 7 )XQNWLRQ %HVNULYQLQJ +REt+RRG ,QGLNDWRU I¸U IXQNWLRQHQ DWW VW\UD IO¦NWHQ IU§Q VSLVHQ /DPSD 7¦QGD RFK VO¦FND ODPSRUQD )¸UVWD KDVWLJKHW DY 0RWRUQ Y¦[ODU WLOO I¸UVWD KDVWLJKHWVQLY§Q (Q DQGUD WU\FNQLQJ VW¦QJHU DY SURGXNWHQ $QGUD KDVWLJKHW 0RWRUQ Y¦[ODU WLOO DQGUD KDVWLJKHWVQLY§Q 7UHGMH KDVWLJKHW 0RWRUQ Y¦[ODU WLOO WUHGMH KDVWLJKHWVQLY§Q 0D[LPDO KDVWLJKHW 0RWRUQ Y¦[ODU WLOO PD[LPDO KDVWL
ZZZ HOHFWUROX[ FRP 7U\FN S§ GHQ I¸UVWD KDVWLJKHWVNQDSSHQ SURGXNWHQ 6H UHQJ¸ULQJ DY IHWWILOWUHW L NDSLWOHW XQGHUK§OO RFK UHQJ¸ULQJ I¸U DWW VO§ S§ 9LG EHKRY WU\FN S§ O\VNQDSSHQ I¸U DWW W¦QGD ODPSRUQD 9LG EHKRY ¦QGUD KDVWLJKHWHQ JHQRP DWW WU\FND S§ ¸QVNDG NQDSS )¸U DWW VW¦QJD DY SURGXNWHQ WU\FN S§ GHQ I¸UVWD KDVWLJKHWVNQDSSHQ WLOO HQ J§QJ WHUVW¦OO ODUPHW JHQRP DWW K§OOD LQ NQDSSHQ +REt+RRG IXQNWLRQ 'HW ¦U HQ DXWRPDWLVN IXQNWLRQ VRP NRSSODU K¦OOHQ WLOO HQ N¸NVIO¦NW %§GH
69(16.
ZZZ HOHFWUROX[ FRP %\WH DY ODPSDQ 3URGXNWHQ OHYHUHUDV PHG HQ /(' ODPSD 'HQQD GHO I§U HQGDVW E\WDV DY HQ WHNQLNHU 9LG HYHQWXHOOD IXQNWLRQVIHO K¦QYLVDV WLOO 6HUYLFH L NDSLWOHW 6¦NHUKHWVDQYLVQLQJDU 0,/-6.<'' WHUYLQQ PDWHULDO PHG V\PEROHQ WHUYLQQ I¸USDFNQLQJHQ JHQRP DWW SODFHUD GHQ L O¦PSOLJW N¦UO %LGUD WLOO DWW VN\GGD Y§U PLOM¸ RFK Y§U K¦OVD JHQRP DWW §WHUYLQQD DYIDOO IU§Q HOHNWULVND RFK HOHNWURQLVND SURGXNWHU 6O¦QJ LQWH SURGXNWHU P¦UNWD PHG V\PEROHQ PHG KXVK§OOVDYIDOOHW /¦PQD
75.( òò1'(.ò/(5 *9(1/,. %,/*,/(5, 9( 0217$- 51 7$1,0, *1/. .8//$1,0 %$.,0 9( 7(0,=/,. $.
ZZZ HOHFWUROX[ FRP 51 7$1,0, .RQWURO SDQHOLQH JHQHO EDNóġ 1 2 3 4 5 6 7 òƠOHY $©óNODPDVó +REt+RRG 'DYOXPED]ó RFDNWDQ NRQWURO HWPH LġOHYL J¸VWHUJHVL /DPED ,ġóáó \DNóS V¸QG¾U¾U òON Kó] .DSDOó 0RWRU LON Kó] VHYL\HVLQH JH©HU òNLQFL NH] EDVóOPDVó FLKD]óQ NDSDQPDVóQó VDáODU òNLQFL Kó] 0RWRU LNLQFL Kó] VHYL\HVLQH JH©HU ©¾QF¾ Kó] 0RWRU ¾©¾QF¾ Kó] VHYL\HVLQH JH©HU $]DPL Kó] 0RWRU PDNVLPXP Kó] VHYL\HVLQH JH©HU )LOWUH ELOGLULPL .DUERQ ILOWUH\L GHáLġWLUPHQL
75.( 3LġLUPH LġOHPL VRQUDVó GDYOXPED]óQ \DNODġóN GDNLND NDGDU ©DOóġPD\D GHYDP HWPHVL ¸QHULOLU 'DYOXPED] D©óNNHQ &LKD]ó ©DOóġWóUPDN L©LQ LON Kó] EDVóQ G¾áPHVLQH *HUHNLUVH SLġLUPH \¾]H\LQL D\GóQODWPDN L©LQ ODPED G¾áPHVLQH EDVóQ *HUHNLUVH LVWHQLOHQ G¾áPH\H EDVDUDN Kó]ó GHáLġWLULQ &LKD]ó NDSDWPDN L©LQ LON Kó] WXġXQD \HQLGHQ EDVóQ +REt+RRG IRQNVL\RQOX %X RFDáó ELU GDYOXPED]D EDáOD\DQ RWRPDWLN ELU IRQNVL\RQGXU +HP RFDN KHP GH GDYOXPED] Nó]óO ¸WHVL VLQ\DO LOHWLġLPFLVLQH VDKLSWLU
ZZZ HOHFWUROX[ FRP %$.,0 9( 7(0,=/,. 7HPL]OLN KDNNóQGD D©óNODPDODU $ƠóQGóUóFó GHWHUMDQ YH IóU©DODU NXOODQPD\óQ &LKD]óQ \¾]H\LQL \XPXġDN ELU EH] YH GHWHUMDQOó VóFDN VX LOH WHPL]OHಣ \LQ 3LġLUPHGHQ VRQUD FLKD]óQ ED]ó E¸O¾POHUL VóFDN NDOPóġ RODELOLU &LKDಣ ]óQ ¾]HULQGH OHNH NDOPDPDVó L©LQ FLKD] VRáXWXODUDN WHPL] ELU EH] 7HPL]OLN 0DG഻ YH\D NDáóW KDYOX\OD NXUXODQPDOóGóU GHOHUL /HNHOHU RUWD GHUHFH HWNLOL ELU GHWHUMDQOD WHPL]OHQPHOLGLU &LKD]ó KHU D\ WHPL]OH\HUHN ILOWUHOHULQL \DáOD\óQ ò© NóVóPGDQ
75.( .DUERQ ILOWUHVLQLQ GHáLġWLULOPHVL 8<$5, .DUERQ ILOWUHVL \óNDQPD] )LOWUH\L GHáLġWLUPHN L©LQ
ZZZ HOHFWUROX[ FRP ̸̮̳̞̹ ̴̵̷̧̞̻̳̞̽͆ ̶̷̵ ̶̨̬̮̬̱̺ ̞ ̸̴̵̴̴̧̩̹̩̲̬͆ ̵̶̸̯ ̷̵̨̩̯̺ ̵̴̴̫̬̬̀ ̵̷̸̴̴̧̩̯̱̯̹͆ ̵̫̪̲̫͆ ̧̹ ̸̧̯̹̱̾ ̳̯ ̵̧̫̺̳̜̳ ̶̷̵ ̸̧̩ ̫͚͓͕ͦ͑ͪ ͕͠ ͖͗͏͈͇͋͒͏ ͖͗͏͇͒͋ (OHFWUROX[ ̵͈͇͔͗͏͐ ͉͇͓͏ ͉͏͈͗ͬ ͙͘
МГЙЉЀЖКХГЉ ̵̶̸̯ ̷̵̨̩̯̺ ̵͊͒ͦ͋ ͖͇͔͌͒ͬ ͚͉͇͔͔͑͌͗ͦ 1 2 3 4 5 6 7 НмжгпязжЩдхжяклх Зибк +REt+RRG ̞͔͋͏͇͙͕͑͗ ͚͔͛͑ͬͭ͝ ͋͒ͦ ͚͉͇͔͔͑͌͗ͦ ͉͏͙͍͕ͦ͑ͥ ͎ ͉͇ಣ ͗͏͔͕͒ͣͭ ͖͇͔͌͒ͬ ̲͇͓͖͇ ̺͉͓͔͔͔ͬ͑͌ͦ ͬ ͉͏͓͔͔͔͑͌ͦ ͖͉͚͉͇͔͔ͬ͋ͬͦ͘͞ ̶͇͌͗͟ ͉͟͏͙͋͑ͬͣ͘ ̩͏͓͑ ̫͉͏͚͔͊ ͉͓͏͇͙͑ͪͣͦ͘ ͔͇ ͉͔͗ͬ͌ͣ ͖͕͌͗ͭ͟ ͉͟͏͕͙͋͑ͬ͘ ̫͚͗͊͌ ͔͇͙͏͔͔͔͌ͦ͘ ͉͏͓͏͇͑ͪ ͖͗͏͇͒͋ ̫͚͇͗͊ ͉͟͏͙͋͑ͬͣ͘ ̫͉͏͚͔͊ ͉͓͏͇͙͑ͪͣͦ͘ ͔͇ ͉͔͗ͬ͌ͣ ͚͕͋͗͊ͭ ͉͟͏͕͙͋͑ͬ͘ ̹͙͗͌ͦ ͉͟͏͙͋͑ͬͣ͘ ̫͉͏͚͔͊ ͉͓͏͇͙͑ͪͣͦ͘ ͔͇ ͉͔͗ͬ͌ͣ ͙͙͕͗͌ͣͭ ͉͟͏͕͙͋͑ͬ͘ ̳͇͑͘͏͓͇͔͇͒ͣ ͉͟͏͋ಣ ͙͑ͬͣ͘ ̫͉͏͚͔͊ ͉͓͏͇͑ͪ
ZZZ HOHFWUROX[ FRP ̷͕͓͔͚͙͌͑͌͋ͪͣͦ͘ ͎͇͒͏͇͙͟͏ ͉͏͙͍͚ͦ͑ ͖͇͉͇͙͗ͥ͝͏ ͖͕͙͕͓͗ͦ͊ ͖͗͏͈͒͏͎͔͕ ͉͜͏͒͏͔ ͖ͬ͒ͦ͘ ͕͙͚͉͇͔͔͊ͦ ̫͒ͦ ͚͉͇͔͔͑͌͗ͦ ͉͏͙͍͕ͦ͑ͥ ̴͇͙͏͔͙ͬͣ͘ ͔͕͖͚͑͑ ͖͕͌͗ͭ͟ ͉͟͏͕͙͋͑ͬ͘ ͕͈͠ ͚͉͓͔͚͙ͬ͑͏ ͖͗͏͇͒͋ ̮͇ ͔͕͈͔͕͙͌ͬ͋ͬ͘͜ ͔͇͙͏͔͙ͬͣ͘ ͔͕͖͚͑͑ ͕͉͙͔͔ͬ͒͌ͦ͘ ͕͈͠ ͖͉͙ͬ͋ͬ͘͏͙͏ ͉͇͗͏͔͚͒ͣ ͖͕͉͔͌͗ͥ͜ ͕͆͑͠ ͖͕͙͈͔͕͗ͬ ͎͓͔͙ͬͬͣ ͉͟͏͙͋͑ͬͣ͘ ͔͇͙͏͔͚͉͘͟͏ ͈͇͍͇͔͚ ͔͕͖͚͑͑ ͕͈̀ ͉͏͓͔͚͙͑͏ ͖͗͏͇͒͋ ͎͔͕͉͚ ͔͇͙͏͔͙ͬͣ͘ ͖͚͌͗͟ ͔͕͖͚͑͑ ͉͟͏͕͙͋͑ͬ͘ ͈͒͏͓͇ͪ ͔ͬ͋͏͇͙͕͑͗ ̫͏͉ ͖͚͔͙͑ m̵͞͏͔͔͌ͦ͠ ͍͏͕͉͕͕͗͊ ͙͇͛ͬ͒ͣ͗} ͉ ͕͎͗͋ͬ͒ͬ m̫͕͊͒ͦ͋ ͬ ͕͞͏͔͔͌ͦ͠} ̫͏͉ ͖͚͔
МГЙЉЀЖКХГЉ ̵̫̪̲̫͆ ̧̹ ̸̧̯̹̱̾ ̶͗͏͓͙ͬ͑͏ ͕͕͋͠ ͞͏͔͔͌ͦ͠ ЖЮ ЫбгзйбклзЫмвлЮ ЩЪйЩабЫжя аЩкзЪб Эдш рбтЮжжш лЩ тял഻ гб ̵͞͏͙͙ͣ͌͘ ͖͕͉͔͌͗ͥ͜ ͖͗͏͇͚͒͋ ͎͇ ͕͖͕͓͕͕͋͊ͥ ͓ಬ͕ͦ͑ͭ ͇͔͊ͬ͗͑͞͏ ͎͓͕ಣ ͔͕͌ͭ͞ ͉ ͙͖͌͒ͬ͐ ͉͕͋ͬ ͎ ͕͇͉͇͔͔͓͋͋ͦ ͓ ͕͕ͦ͑͊ ͎͇͕͈͚͘ ͋͒ͦ ͞͏͔͔͌ͦ͠ АЩкзЪб Эдш рбтЮжжш ̶ͬ͒ͦ͘ ͕͙͚͉͇͔͔͊ͦ ͋͌ͦ͑ͬ ͇͙͘͞͏͔͏ ͖͗͏͇͚͒͋ ͎͇͒͏͇͙ͥͣͦ͘͟ ͇͊͗ͦ͞͏͓͏ ͕͈̀ ͚͔͏͔͚͙͑͏ ͖͓͒ͦ ͔͕͈͔͕͌ͬ͋͜ ͎͇͇͙͌͑͞͏ ͕͋͑͏ ͖͗͏͇͒͋ ͕͕͕͔͒͌͜ ͇ ͖͕͙͓ͬ ͖͕͙͙͗͌͗͏ ͔͇͚͕͘͜ ͞͏͙͕ͥ͘ ͉͙͕͌͗͌͑ͥ͘ ͇͈͕ ͖͇͖͕͉͌͗͏͓ ͚͗͟ಣ ͔͏͕͓͑ ̩͏͕͑͗͏͙͕͉͚͙͐͌͘ ͔͇͌͊͗͌͘͏͉͔͏͐ ͎͇͈ͬ͘ ͋͒ͦ ͞͏͔͔͌ͦ͠ ͖͓͒ͦ ̵͞͏͚͙͐͌͠
ZZZ HOHFWUROX[ FRP ͇͈͕ ͉͏͓͏͙͐͌ ͉ ͖͕͚͕͓͋͘͏͔͐ͬ͐ ͓͇͟͏͔ͬ ̺ ͖͕͚͕͓͋͘͏͔͐ͬ͐ ͓͇͟͏͔ͬ ͖͕͙͈͔͕͗ͬ ͉͙͇͔͕͉͘͏͙͏ ͔͏͎͚ͣ͑ ͙͓͖͇͙͚͚͌͌͗͗ ͬ ͕͕͙͑͗͑͏͐ ͝͏͑͒ ͓͏͙͙ͦ ̭͏͕͉͗͏͐ ͙͛ͬ͒ͣ͗ ͓͕͍͌ ͎͔͈͇͉͌͗͏͙͏ͦ͘ ͕͠ ͔͌ ͉͖͒͏͉͇ͪ ͔͇ ͙͌͛͌͑͏͉͔͙ͬͣ͘ ͕͈͕͙͗͏ ͖͗͏͇͚͒͋ ͕͈̀ ͉͙͇͔͕͉͘͏͙͏ ͙͛ͬ͒ͣ͗͏ ͔͇ ͓ͬ͌͘͝ ͖͕͉͙͕͙͗ͬͣ ͖͌͗ͬ͟ ͉͇͋ ͕͑͗͑͏ ͉ ͎͉͕͕͙͔͕͓͚͗ ͖͕͚͗ͦ͋͑ ̶͕͉͙͕͙͗ͬͣ ͕͑͗͑͏ ͋͒ͦ ͉ͬ͘͜ ͙͉͛ͬ͒ͣ͗ͬ ͕ͦ͑͠ ͎͇͙͕͕͉͚͙ͪͣͦ͘͘͘ ̮͇͓͔͇ͬ ͉͚͔͕͕͊ͬ͒ͣ͊ ͙͇͛ͬ͒ͣ͗ ИЗИЎЙЎЍЏЎЖЖШ ̩͚͔͊ͬ͒ͣ͏͐ ͙͛ͬ͒ͣ͗ ͔͌ ͓͕͍͔͇ ͓͏͙͏ ͕͈̀ ͎͇͓͔ͬ͏͙͏ ͙͛ͬ͒ͣ͗ ̮͔͓͙ͬͬͣ ͍͏͕͉͗ͬ ͙͛ͬ͒ͣ͗͏ ͎ ͖͗͏͇͚͒͋ ̮͉͔͙͌͗ͬͣͦ͘ ͕͋
ᦲ᧔ᦨᧈ ᧒ᦳ ӄᦨᧇҫ ӈᦊᧃӇ ᧒ᦤᦿҫ ҽᧇ ᥰᦔᦃ ᧂᦄᦴᦿҫ ᦶᥫᦷҳ ᦎᧀᦳ ᦪᦸᧇ ҭᦊᧃ ᦲᧀᦈ ᥰᦀ᧓Ӈ ӆᦊ᧓ᦊᦀ ᧆᦼᧄ᧓ Ңᦾ᧔ᦔᦰᧀᦿ ᦾᥱᦷ ᦎ᧔ ᧂᦄᦴᦿҫ ᦶᥫᦷҳ ᦎᧀᦳ Ӆᦊᦿҫ ᦎᧀᦳ ᦶᧀ᧓ ᧄ᧔ᦳ ҭҵᦎᦼᧃ ҭҵᦜᥱ Ӈҧ Ңᦾ᧔ᦰᦘᦿҫ ᧆᧃ ӊᥲ᧓ᦎᦸ ᦎᦗҧ ᦊᥱ ӊᥲ᧓ᦎᦸ ᦿҫᦊᥲᦓҫ ᦲᦼᧄᦿҫ ӄҫᦊᦈᦓᥱ Ᏽᒜᐅ֯ ᒞᑡᏮᒟַ ᑭᐇᒛ ᧂᦄᦴᦿҫ ᦎᧀᦳ Ӄҫᦊᥲᦓҫ ᒭᑽᏵᑬ ᦾ᧔ᦔᦰᧀᦿ ᦾᥱᦷ ᦎ᧔ ᧂᦄᦴᦿҫ ᦎᧀᦳ ᦎᧀᦴᦿҫ Ӄҫᦊᥲᦓ ᦊᦷᧄᦿҫ ᧆᧃ Ӆᦊᦿҫ ᦎᦳ ᥴᦿҫҶᥨᥱ ᧂᦷ ҫᦌ ᧒ᦳ Ӆᦊᦿҫ ᦎᧀᦳ ᦲ᧔ᦨᧈ ᧂᦔᦷ ᦪҫҵ ᦾᦜᦴᦿҫ ᧒ᦳ ᥴᦄᦴᦿҫ ᧒ᦳ ᥴ᧔ᧃᧃ᧗ҫ ᥴᦳᦄᦿҫ ᧐ᧀᦫ ᦢᦰᦟҫ ᥴᦿᧃᥨᥱ ᧂᦷ ᦎᧀᦴᦿҫ ᧆᧃ ᧒ᧀᦴᦔᦿҫ ҥᦐᦀᦿҫ ӆᦀҫ ӊ ᧔ᧀᦷ ᦾᦴᦓ᧗ҫ ᧐ᦿҩ ᦎᧀᦴᦿҫ ᧆᧃ ᧒
ҭᦊᧄᦿ ҵᦐᦿҫ ᧐ᧀᦫ ᦢᦰᦟҫ Ңᥴᦴ᧔ᦧᦿҫ ᦢᥲᦟ ҭҳᦫ᧙ ӌӅҫ ᑩᒜᒮᒑᏼᐅ֯ ᒎᒮᒆᒨᑬ ֩Ꮾᒘᐅ֭ ֫ᒎᒮᒆᒨᑭᐅ ҭᦊᧄᦿ ҵᦐᦿҫ ᧐ᧀᦫ ᦢᦰᦟҫ Ңᥴᦴ᧔ᦧᦿҫ ᦢ᧔ᦘᧈᦿ ӌӅҫ ᦎᦗᥦᧄᦿҫ ᦞᧃ᧓ Ңᥴᦤᦘᧈᧃ ᥴᦴ᧔ᦧᦿҫ ᧇᦻ ҫҴҩ ᧆ᧔ᦎᧃ ҵᦐᦿҫ ᧐ᧀᦫ ᦢᦰᦟҫ Ңᥴᦴ᧔ᦧᦿҫ ᦢ᧔ᦘᧈ ҥᦰᦿ᧙ ӌӅҫ ҭᦊᧄᦿ ᦎᦗᥦᧄᦿҫ ᦞᧃ᧓ Ңᥴᦤᦘᧈᧃ ᦎ᧔ ᥴᦴ᧔ᦧᦿҫ ᧇᦻ ҫҴҩ Үҫᦎᧃ ᦊᥱ ᧆᦫ ᧂᦼᦄ ҭᦊᦃӇ ᦊᥱ ᧆᦫ ᧂᦼᦄ ҭᦊᦃᥱ ҳӇᦐᧃ ᦊᦷᧄᦿҫ ᦾᦛ᧗ҫ ᧒ᦳ Ӄᦜҫ ᧆ᧔ᦼᧄ ᧂ ᐏᑦ ᒦᐃ ᏹᏵᑭᐅ֯ ֱᏴ ᐄᐐᒜᐅ ֫ᐄᒮᐁᏼᑭᐅ ᦊᦷᧄᦿҫ ᦾ᧔ᦰᦘ Ӏᦸ᧓ᥨᥱ ᧂᦷ ӌӅҫ ҭᦊᧄᦿ ᦢᦰᦟҫ ᧆ᧔ᦎᧃ ᦞᧃ᧓ ᧂᦼᦄᦿҫ ᥴᦃᦿ ᧐ᧀᦫ ҳᧄᦿҫ ᦎᦗᥦᧄᦿҫ ᧀ᧔ᦤ ᧂ᧓ Ӆҧ ҳᦎ
ᧈᧄᦿҫ ᦲᦛӇ ᧂᦼᦄᦿҫ ᥴᦃᦿ Һᦎᦫ 1 2 3 4 5 6 7 ᒚᐁᏼᐅ֯ ᑩᒜᒮᒑᏼᐅ֯ ᦊᦷᧄᦿҫ ᧆᧃ ᥴᧈᦇᦊᧄᦿҫ ᧒ᦳ ᧂᦼᦄᧀᦿ ᥴᦴ᧔ᦧᦿҫ ᦎᦗᥦᧃ +REt+RRG ҥҫᦟ᧗ҫ ᦾ᧔ᦰᦘ Ӏᦸ᧓ҩӇ ᦾ᧔ᦰᦘ ұᥲᦜᧃ ᦲᦷӇҧ ᦺᦿҴ ᦊᥱ ӃӇ᧗ҫ ᥴᦫᦎᦔᦿҫ ӈᦔᧃ ᧐ᦿҩ ᦾᦸᧈ᧓ ӂᦎᦄᧄᦿҫ Ҷᦀᦿҫ ᦾ᧔ᦰᦘ ᧐ᦿӇ᧗ҫ ӂᦎᦄᧄᦿҫ ᥴᦫᦎᦓ Ӏᦸ᧓ҩ ᧒ᧇᦿҫ ᥴᦫᦎᦔᦿҫ ӈᦔᧃ ᧐ᦿҩ ᦾᦸᧈ᧓ ӂᦎᦄᧄᦿҫ ᥴ᧔ᧇᦿҫ ᥴᦫᦎᦔᦿҫ ᦿᦿҫ ᥴᦫᦎᦔᦿҫ ӈᦔᧃ ᧐ᦿҩ ᦾᦸᧈ᧓ ӂᦎᦄᧄᦿҫ ᥴᦿᦿҫ ᥴᦫᦎᦔᦿҫ ᥴᦫᦎᦓ ӈᦔᧃ ᧐ᦜᦷҧ ᧐ᦿҩ ᦾᦸᧈ᧓ ӂᦎᦄᧄᦿҫ ᥴᦫᦎᦓ ᧐ᦜᦷҧ ᦴ᧔ᦨᧈ Ӈҧ ᧂᦄᦴᦿҫ ᦎᧀᦳ ᦎ᧔᧔ᦰᥱ ӂᦎ᧔ᦻᦌ ᧐ᧀᦫ ᦎᧀᦴᦿҫ ҵҫᦌᧇҩ ᦾᧄ᧓ Ӆᦊᦿҫ ᦎᧀᦳ ᦲ᧔ᦨᧈӇ ᦎᧀᦴ
Ү᧓ᦄᧄᦿҫ ᥰ᧔ᦻᦎᦿҫӇ Ӆᧃ᧗ҫ Үᧃᧀᧃ 156 ᧈᧄᦿҫ ᦲᦛӇ 155 ᧒ᧃ᧔ᦿҫ ӄҫᦊᦈᦓҫ 155 ᦲ᧔ᦨᧈᦿҫӇ ᥴ᧓ᧈᦿҫ
C 867351317-D-212021 ZZZ HOHFWUROX[ FRP VKRS