INTERNATIONAL DISTRIBUTORS Europe One Tree Hill Postbus 4, 3130 AA Vlaardingen, The Netherlands Ph: ++31(0) 182 551 895 Fax: ++31(0) 182 551 457 Email: info@onetreehill.nl www.onetreehill.nl U.K. & Ireland Mountain Buggy (UK) Ltd Mill Farm, Fairmile, Ottery St Mary Devon EX11 1LS, England Ph: ++44 01 404 815 555 or 07000 4 BUGGY (07000 428 449) Fax: ++44 01 404 815 444 Email: info@mountainbuggy.co.uk www.mountainbuggy.co.
1-12 13-24 37-48 49-60 61-72 73-84 Design och framställning i Nya Zeeland av Mountain Buggy Ltd. Tillverkad av Tritec Manufacturing Ltd, ett företag met ISO 9002 certifikat. Alla modeller ar tillverkade enligt Norm EN 1888:2000, BS 7409:1996, AS/NZS 2008:2000, ASTM F833-03. Svensk sida Ontworpen en gefabriceerd in Nieuw Zeeland door Mountain Buggy Ltd en geproduceerd door Tritec Manufacturing Ltd. een ISO 9002 gecertificeerde onderneming.
7iVi $POHSBUVMBUJPOT PO ZPVS QVSDIBTF PG B .PVOUBJO #VHHZ 8F LOPX IPX QSFDJPVT BOE JOTQJSJOH B OFX MJUUMF QFSTPO DBO CF JO ZPVS XPSME *U T TP JNQPSUBOU UP CF BCMF UP TIPX ZPVS CBCZ UP UIF XPSME BOE KVTU BT JNQPSUBOU UP TIPX UIF XPSME UP ZPVS CBCZ "U .
'PS UIF TBLF PG ZPVS QSFDJPVT QBTTFOHFS QMFBTF SFBE UIFTF XBSOJOHT CFGPSF VTJOH ZPVS .
Î ÀiVÌ}Ê>`Ê `}ÊÌ iÊ-ÌÀiÀ 1VUUJOH VQ ZPVS TUSPMMFS 8IFO ZPV m STU SFDFJWF ZPVS TUSPMMFS SFNPWF JU GSPN UIF CPY SFNPWF UIF CMBDL DBQT PO UIF SFBS BYMFT BOE QMBTUJD PVUFS XSBQQJOH %JTQPTF PG QMBTUJD XSBQQJOH TBGFMZ UP BWPJE B DIJME TVõ PDBUJOH (SJQ TUSPMMFS OFBS TVOIPPE KPJOUT BOE MJGU 1MBDF QSFTTVSF PO IFFM SFTU UP FOTVSF TMJEJOH MPDLT BSF GVMMZ FOHBHFE 'PMEJOH ZPVS TUSPMMFS 'PME BEKVTUBCMF IBOEMF VOEFS JG BQQMJDBCMF 1VMM VQ TMJEJOH MPDL PO CPUI TJEFT PG IFFM SFT
{ 7 iiÊ ÃÃiLÞ 'SPOU 8IFFM )PMEJOH CPUI LOPCT BU UIF TBNF UJNF VOTDSFX BOE QVMM PVU UIF GSPOU BYMF *OTFSU UIF GSPOU XIFFM 3F JOTFSU UIF BYMF BOE UJHIUFO CPUI LOPCT CZ IBOE UP TFDVSF XIFFM JO QMBDF BYMF 5P SFNPWF 3FQFBU BCPWF JO SFWFSTF /# 0O 5FSSBJO %PVCMF SFNFNCFS UP JOTFSU UIF TQBDFS CFUXFFO UIF GSPOU XIFFMT BYMF TQBDFS 3FBS 8IFFM "TTFNCMZ CSBLF DPH 4MJEF XIFFM XJUI CSBLF DPH GBDJOH JOXBSET POUP FBDI FOE PG UIF BYMF 1VTI FBDI XIFFM PO VOUJM JU DMJDLT JOUP Q
x ->viÌÞÊ >ÀiÃÃ 5P GBTUFO $MJQ TIPVMEFS TUSBQT UP XBJTU TUSBQ CVDLMFT 1VTI CPUI XBJTU CVDLMF FOET JOUP DSPUDI TUSBQ 5P BEKVTU "EKVTU TMJEJOH CVDLMFT TP IBSOFTT TUSBQT m U m SNMZ /# .
È -i>ÌÊ,iVi 5IF TFBU CBDL DBO CF SFDMJOFE UP BOZ QPTJUJPO CFUXFFO UIF VQSJHIU BOE GVMMZ SFDMJOFE QPTJUJPOT 5P SFDMJOF 1VMM PO UIF CVDLMFT UP TMJEF UIF TUSBQT UISPVHI UIF CVDLMFT BOE SFDMJOF UIF TFBU 5P SBJTF 1VMM TUSBQT UISPVHI UIF CVDLMFT UP SBJTF UIF TFBU BOHMF /# "MM .
Ç À>i *U JT JNQPSUBOU UP QVU UIF CSBLF PO XIFOFWFS ZPV QBSL UIF TUSPMMFS QSBN &OTVSF JU JT PO XIFO QVUUJOH ZPVS DIJME JO PS UBLJOH ZPVS DIJME PVU PG UIF TUSPMMFS CSBLF MFWFS 5P BQQMZ QVTI CSBLF MFWFM DPNQMFUFMZ EPXO 5P SFMFBTF MJGU CSBLF MFWFS DPNQMFUFMZ VQ ->viÌÞÊ7ÀÃÌÊ-ÌÀ>« 6TF UIF TBGFUZ XSJTU TUSBQ JO BMM TJUVBUJPOT &OTVSF UIBU UIF MPPQ PG UIF TUSBQ JT MPDBUFE BSPVOE UIF XSJTU PG UIF QFSTPO QVTIJOH UIF TUSPMMFS $BSF TIPVME CF UBLFO JG UIF TUSPMMFS JT VTFE EPXO IJMMT PS JO TUSPOH
n ,iÛ}Ê-i>ÌÊ>`Ê-Õ ` 4FBU SFNPWBM 6OGBTUFO TFBU EPNFT GSPN GSBNF BMPOH TJEF UVCFT EPNFT FBDI TJEF 6OGBTUFO TUSBQT VOEFSOFBUI TFBU BOE UIPTF BUUBDIFE UP GSBNF TUSBQ FBDI TJEF 6OGBTUFO UIF EPNFT XIJDI GBTUFO UIF TVOIPPE BOE TFBU UPHFUIFS 5P SFm U TFBU GPMMPX SFNPWBM JOTUSVDUJPOT JO SFWFSTF &OTVSF GBCSJD JT EPNFE 07&3 GSBNF /# 'PS 5FSSBJO NPEFMT POMZ QVTI TFBU GPSXBSE UIFO TMJEF GBCSJD VQ TFBU TVQQPSU XJSF BOE SFNPWF IBNNPDL XJSF GSPN TUSPMMFS GSB
Õ}}ÞÊ >Ài 5IJT WFIJDMF SFRVJSFT SFHVMBS NBJOUFOBODF CZ UIF VTFS $MFBOJOH 'BCSJD 'SBNF 5IF PVUEPPS GBCSJD TIPVME CF DMFBOFE SFHVMBSMZ #SVTI Põ BOZ FYDFTTJWF EJSU PS TBOE BOE SJOTF XJUI MVLFXBSN XBUFS 'BCSJD DBO CF SFNPWFE BOE XBTIFE CZ IBOE VTJOH B NJME OBUVSBM TPBQ TPMVUJPO JO MVLFXBSN XBUFS OP NPSF UIBO ¡$ ¡' 3JOTF UIPSPVHIMZ %0 /05 UVNCMF ESZ PS ESZ JO TUSPOH TVOMJHIU *G UIF CVHHZ JT VTFE JO FYQPTFE FOWJSPONFOUT TVDI BT TBMU XBUFS TBMU TQSBZ PS CFBDI TBOE XBTI BOZ TUFFM Q
£ä /«Ê/«Ã )BOEMFCBS (SJQ 5BLF DBSF UP QSPUFDU UIF IBOEMFCBS HSJQ GSPN BCSBTJPO PS TIBSQ PCKFDUT :PVS BVUIPSJTFE EFBMFS DBO BSSBOHF SFQMBDFNFOU HSJQT BOE JOTUSVDUJPOT JG SFRVJSFE #SBLF 5IF CSBLF TIPVME CF MVCSJDBUFE SFHVMBSMZ UP NBJOUBJO PQUJNVN PQFSBUJPO *U NBZ SFRVJSF FYUSB MVCSJDBUJPO JG JU JT EJö DVMU UP PQFSBUF MVCSJDBUF UIJT TVSGBDF 5SBOTQPSUJOH ZPVS 4USPMMFS " TQFDJBM MPDLJOH TUSBQ JT MPDBUFE PO UIF IBOEMFCBS TVQQPSU CBS 8SBQ UIJT TUSBQ BSPVOE UIF BYMF BOE UIFO DMJQ GBTUFOFST UPHFUIFS
7>ÀÀ>ÌÞÊ `ÌÃ 5IJT XBSSBOUZ DPWFST EFGFDUT JO XPSLNBOTIJQ BOE NBUFSJBMT GPS POF ZFBS GSPN UIF EBUF PG QVSDIBTF 5IF EJTUSJCVUPS VOEFSUBLFT UP SFQBJS PS BU UIFJS PQUJPO SFQMBDF BOZ QBSU XIJDI JT GPVOE UP CF EFGFDUJWF XJUIJO UIF XBSSBOUZ QFSJPE 5IF XBSSBOUZ EPFT OPU DPWFS t QJDL VQ EFMJWFSZ PS TFSWJDF DBMMT t UFNQPSBSZ SFQMBDFNFOU XIJMF UIF TUSPMMFS JT CFJOH SFQBJSFE PS BTTFTTFE t EBNBHF UP UZSFT BOE IBOEMFCBS HSJQT t JOTUSVDUJPO PS BTTJTUBODF XJUI XIFFM BTTFNCMZ PS TFUVQ PG TUSPMMFS t D
£Ó *>ÀÌÃÊvÊÌ iÊ-ÌÀiÀÊ À>i )BOEMFCBS )BOEMF "EKVTUFS 4JEF 5VCF 4VOIPPE 4VQQPSU 8JSF 4VOIPPE +PJOU 'BTUFOFS %PXO 5VCF #SBLF $PH 6OEFS $BSSJBHF 5VCF )FFM 3FTU #SBLF $BN 4MJEJOH -PDL #SBLF -FWFS 3FBS "YMF 'PPU 1MBUF 3FBS 8IFFM 4XJWFM ,OPC 4MJEJOH -PDL 2VJDL 3FMFBTF $MJQ "DDFTTPSZ -VH 'SPOU 8IFFM /PUF %JBHSBN JT 6SCBO 4JOHMF .
iÛiÕi $POHSBUVMBUJPO TVS M BDIBU EF WPUSF .PVOUBJO #VHHZ 1PVTTFUUF QPV #ÏCÏ /PVT TBWPOT M JNQPSUBODF EF WPUSF OPVWFBV OÏ FU DPNCJFO JM FTU QSÏDJFVY EBOT WPUSF VOJWFST *M FTU USÒT JNQPSUBOU EF QPVWPJS MF NPOUSFS BV NPOEF NBJT BVTTJ EF MVJ GBJSF WPJS MF NPOEF " .
"mO EF QSPUÏHFS WPUSF QSÏDJFVY QBTTBHFS WFVJMMF[ MJSF MFT BWFSUJTTFNFOUT DJ EFTTPVT BWBOU E VUJMJTFS WPUSF .
£ i«iÀÊ ÌÊ*iÀÊ >Ê*ÕÃÃiÌÌi x %ÏQMJFS WPUSF QPVTTFUUF 5PVU E BCPSE RVBOE WPVT SFDFWF[ WPUSF QPVTTFUUF FOMFWF[ MB EF TB CPJUF IPUUF[ MFT QSPUFDUJPOT OPJSFT EFT FTTJFVY BSSJÒSFT FU M FNCBMMBHF QMBTUJRVF %ÏCBSSBTTF[ WPVT EF M FNCBMMBHF QMBTUJRVF Bm O E ÏWJUFS RVF M FOGBOU KPVF BWFD EBOHFSFVY SJTRVF EF TVõ PDBUJPO TBJTJTTF[ MB QPVTTFUUF QSÒT EFT KPJOUT EF MB DBQPUF BQQVZF[ TVS M BQQVJ UBMPO FU BTTVSF[ WPVT RVF MFT MPRVFUT DPVMJTTBOUT TPOU DPNQMÒUFNFOU FOHBHÏT 1MJFS WPUSF QPVTTFU
£È ÃÃiL>}iÊ`iÃÊÀÕià 3PVF BWBOU &O UFOBOU FO NÐNF UFNQT MFT EFVY CPVUPOT EÏWJTTF[ FU SFUJSF[ M BYF *OTÏSF[ MB SPVF BWBOU 3ÏJOTÏSF[ M BYF FU TFSSF[ MFT EFVY CPVUPOT Ë MB NBJO QPVS m YFS MB SPVF "YF &OMFWFS 3ÏQÏUF[ MFT JOTUSVDUJPOT DJ EFTTVT /# 1PVS MF 5FSSBJO %PVCMF O PVCMJF[ QBT E JOTÏSFS M FOUSFUPJTF FOUSF MFT SPVFT BWBOU "YF %FOUT EF GSFJO "TTFNCMBHF E VOF SPVF BSSJÒSF "YF &OUSFUPJTF HMJTTF[ MB SPVF BWFD MF SFWÐUFNFOU EFT EFOUT EF GSFJO WFST M JOUÏSJFVS
£Ç >À>ÃÊ`iÊÃjVÕÀÌj "UUBDIFS "UUBDIF[ MFT DFJOUVSFT EFT ÏQBVMFT BVY CPVDMFT EF MB DPVSSPJF EF UBJMMF (MJTTF[ MFT EFVY FYUSÏNJUÏT EF MB CPVDMF EBOT MB DPVSSPJF EV NJMJFV /# "TTVSF[ WPVT RVF CÏCÏ FTU BTTJT BVUBOU RVF QPTTJCMF BV GPOE EV TJÒHF "KVTUF[ "KVTUF[ MFT CPVDMFT DPVMJTTBOUFT BJOTJ MFT DPVSSPJFT TPOU CJFO BEBQUÏFT 5BJMMF EF MB DPVSSPJF E ÏQBVMF -B UBJMMF EF MB DPVSSPJF E ÏQBVMF EPJU ÐUSF TJUVÏ KVTUF FO EFTTPVT PV BV OJWFBV EFT ÏQBVMFT EF M FOGBOU 1MVT M F
£n V>ÃÊ`ÕÊÃm}i -F EPT EV TJÒHF QFVU ÐUSF JODMJOÏ EBOT O JNQPSUF RVFMMF QPTJUJPO FOUSF QPTJUJPO ESPJUF FU QPTJUJPO FOUJÒSFNFOU JODMJOÏF *ODMJOFS 5JSF[ TVS MFT CPVDMFT QPVS HMJTTFS MFT DPVSSPJFT QBS MFT CPVDMFT FU JODMJOFS MF TJÒHF 3FESFTTFS 5JSF[ MFT DPVSSPJFT QBS MFT CPVDMFT QPVS BVHNFOUFS M BOHMF EV TJÒHF /# UPVU MFT .
£ Ài *M FTU JNQPSUBOU EF NFUUSF MF GSFJO Ë DIBRVF GPJT RVF WPVT HBSF[ MB QPVTTFUUF "TTVSF[ WPVT RVF MF GSFJO FTU FODMFODIÏ RVBOE WPVT JOTUBMMF[ WPUSF FOGBOU EFEBOT PV RVBOE WPVT FOMFWF[ WPUSF FOGBOU EF MB QPVTTFUUF -FWJFS EF GSFJO &ODMFODIFS CBJTTF[ DPNQMÒUFNFOU MF MFWJFS EF " GSFJO %FTFODMFODIFS 4PVMFWF[ DPNQMÒUFNFOU MF MFWJFS EF GSFJO WFST MF IBVU À`Ê`iÊÃjVÕÀÌjÊ>ÕÊ«}iÌ 6UJMJTF[ MF DPSEPO EF TÏDVSJUÏ BV QPJHOFU EBOT UPVUFT MFT TJUVBUJPOT "TTVSF[ WPVT RVF MF DPSEPO FTU
Óä jÌ>V iÀÊiÊÃm}iÊiÌÊ>ÊV>«Ìi %ÏUBDIFS MF TJÒHF %ÏUBDIF[ MFT CPVUPOT QSFTTJPO EV TJÒHF FU EF M BSNBUVSF MF MPOH EFT UVCFT MBUÏSBVY CPVUPOT QSFTTJPOT EF DIBRVF DPUÏ %ÏUBDIF[ MFT DPVSSPJFT TPVT MF TJÒHF FU DFMMFT BUUBDIÏFT B M BSNBUVSF DPVSSPJF EF DIBRVF DPUÏ %ÏUBDIF[ MFT CPVUPOT QSFTTJPOT RVJ BUUBDIFOU MB DBQPUF FU MF TJÒHF FOTFNCMF /# 3FNPOUFS MF TJÒHF TVJWF[ MFT JOTUSVDUJPOT DJ EFTTVT Ë M FOWFST "TTVSF[ WPVT RVF MB UPJMF FTU CJFO JOTUBMMÏF 1"3 %&4464 M BSNBUV
Ó -ÃÊDÊ>««ÀÌiÀÊDÊ>Ê«ÕÃÃiÌÌi £ $F WÏIJDVMF FYJHF MB NBJOUFOBODF SÏHVMJÒSF QBS M VUJMJTBUFVS /FUUPZBHF 5PJMF -B UPJMF FYUÏSJFVSF EFWSBJU ÐUSF OFUUPZÏF SÏHVMJÒSFNFOU #SPTTF[ O JNQPSUF RVFMT TBMFUÏ PV TBCMF FU SJODF[ BCPOEBNNFOU Ë M FBV -B UPJMF QFVU ÐUSF FOMFWÏF FU MBWÏF Ë MB NBJO FO VUJMJTBOU VO TBWPO EPVY EBOT EF M FBV UJÒEF QBT QMVT EF ¡$ ¡' 3JODF[ BCPOEBNNFOU /& 1"4 TÏDIFS Ë MB NBDIJOF PV TPVT VO TPMFJM USPQ GPSU "SNBUVSF 4J MB QPVTTFUUF FTU VUJMJTÏF EBOT VO FOWJSPOOFNFOU FYQP
ÓÓ ÊDÊÃ>ÛÀ -B QSPUFDUJPO EV HVJEPO 'BJUFT BUUFOUJPO Ë MB QSPUFDUJPO EV HVJEPO DPOUSF M BCSBTJPO PV MFT PCKFUT QPJOUVT 7PUSF SFWFOEFVS Pö DJFM QFVU WPVT MB SFNQMBDF[ FU WPVT JOEJRVF[ MFT JOTUSVDUJPOT Ë TVJWSF TJ WPVT MF EÏTJSF[ -F 'SFJO -F GSFJO EFWSBJU ÐUSF MVCSJm Ï SÏHVMJÒSFNFOU QPVS NBJOUFOJS VOF Fö DBDJUÏ NBYJNVN -F GSFJO QFVU FYJHFS VOF FYUSB MVCSJm DBUJPO TJ JM FTU EJö DJMF Ë VUJMJTFS -VCSJm FS DFUUF TVSGBDF 5SBOTQPSUFS WPUSF QPVTTFUUF 6O DPSEPO TQÏDJBM FTU TJUVÏ TVS MB CBSSF EV
`ÌÃÊ`iÊ}>À>Ìi $FUUF HBSBOUJF DPVWSF EFT EÏGBVUT EBOT MB SÏBMJTBUJPO FU PV QPVS MFT NBUÏSJBVY QFOEBOU BO Ë QBSUJS EF MB EBUF E BDIBU -F EJTUSJCVUFVS T FOHBHF Ë SÏQBSFS PV TFMPO TPO DIPJY Ë SFNQMBDFS UPVUF QBSUJF RVJ T BWÒSF EÏGFDUVFVTF BV DPVST EF MB QÏSJPEF EF HBSBOUJF -B HBSBOUJF OF DPVWSF QBT t t -B QSJTF FO DIBSHF MB MJWSBJTPO PV MFT JOUFSWFOUJPOT -F SFNQMBDFNFOU QSPWJTPJSF QFOEBOU MB SÏQBSBUJPO PV M ÏWBMVBUJPO EFT SÏQBSBUJPOT Ë Fõ FDUVFS t -FT EPNNBHFT BVY QOFVT FU Ë MB QSPUFD
Ó{ *>ÀÌiÃÊ`iʽ>À>ÌÕÀiÊ`iÊ>Ê«ÕÃÃiÌÌi (VJEPO 3ÏHMBHF EV HVJEPO 5VCF MBUÏSBM $PSEPO EF TPVUJFO EF MB DBQPUF +PJOU EF MB DBQPUF "UUBDIF 5VCF EV CBT %FOUT EV GSFJO 5SBJO EV UVCF "QQVJ UBMPO $BNF EV GSFJO -PRVFU HMJTTBOU -FWJFS EF GSFJO "YF BSSJÒSF 3FQPTF QJFE 3PVF BSSJÒSF #PVUPO EF QJMPUBHF -PRVFU HMJTTBOU $MJQ SBQJEF EF EÏHBHFNFOU $SPDIFU BDDFTTPJSF 3PVF BWBOU /PUF -B m HVSF FTU MF NPEÒMF 6SCBO 4JOHMF 1JWPU EF MB SPVF BWBOU 6SCBO TFVMFNFOU 1PJOUT B MVCSJm FS QÏSJPEJRVFNFOU
7i Óx 8JS HSBUVMJFSFO JIOFO [VN ,BVG FJOFT .PVOUBJO #VHHZ 8JS XJTTFO XJF XFSUWPMM VOE JOTQJSJFSFOE FJOF OFVHFCPSFOF LMFJOF 1FSTPO JO JISFS 8FMU TFJO LBOO &T JTU TP XJDIUJH JIS #BCZ EFS 8FMU [V [FJHFO VOE HBO[ HFOBVTP XJDIUJH JISFN #BCZ EJF 8FMU [V [FJHFO #FJ .
ÓÈ #JUUF MFTFO 4JF EJF OBDIGPMHFOEFO 8BSOVOHFO EFN 8PIMFSHFIFO *ISFT LPTUCBSFO *OTBTTFO [V -JFCF TPSHGÊMUJH EVSDI CFWPS 4JF JISFO .PVOUBJO #VHHZ CFOVU[FO 8JDIUJH MFTFO 4JF EJF *OTUSVLUJPOFO TPSHGÊMUJH VOE CFGPMHFO 4JF EJFTF HFOBV #JUUF CFXBISFO 4JF EJFTFT )BOECVDI BMT 3FGFSFO[ GàS EJF ;VLVOGU BVG %JF 4JDIFSIFJU JISFT ,JOEFT MJFHU JO JISFS 7FSBOUXPSUVOH #FMBTUVOHTGÊIJHLFJU t %FS 4JU[ CFJ BMMFO .PEFMMFO JTU HFFJHOFU WPN OFVHFCPSFOFO "MUFS CJT [V +BISFO +BISF CFJN .
ÕvÀV ÌiÊÕ`Ê<ÕÃ>iv>ÌiÊ `iÃÊ `iÀÜ>}ià "VGSJDIUFO EFT ,JOEFSXBHFOT 8FOO 4JF EFO ,JOEFSXBHFO [VN FSTUFO .
Ón ,>`Ì>}i 7PSEFSF 3ÊEFS )BMUFO 4JF CFJEF %SFILOÚQGF [VHMFJDI GFTU TDISBVCFO 4JF TJF BVG VOE [JFIFO 4JF EJF %SFILOÚQGF BVT EFS WPSEFSFO "DITFM 4FU[FO 4JF EBT 7PSEFSSBE FJO 4FU[FO 4JF EJF "DITF XJFEFS FJO VOE [JFIFO 4JF EJF %SFILOÚQGF QFS )BOE GFTU VN EBT 3BE [V m YJFSFO &OUGFSOFO EFS 3ÊEFS 8JFEFSIPMFO 4JF PCFO CFTDISJFCFOF "OXFJTVOH JO VNHFLFISUFS 3FJIFOGPMHF /# #FJN .
Ó -V iÀ iÌÃ}ÕÀÌi 'FTUTUFMMFO ,MJDLFO 4JF EJF 4DIVMUFSHVSUUSÊHFS JO EJF )àGUHVSUWFSTDIMàTTF 4DIJFCFO 4JF CFJEF )àGUHVSUWFSTDIMVTTFOEFO JO EFO -FJTUFOHVSU /# 4UFMMFO 4JF TJDIFS EBTT #BCJFT TP XFJU XJF NÚHMJDI VOUFO JN 4JU[ QPTJUJPOJFSU TJOE "OQBTTFO 7FSTUFMMFO 4JF EJF 4DIJFCFTDIOBMMFO TP MBOHF CJT EJF (VSUF TUSBõ TJU[FO 4DIVMUFSHVSUIÚIF %JF )ÚIF EFT 4DIVMUFSHVSUFT TPMMUF TJDI FUXBT VOUFS PEFS BVG EFS )ÚIF EFS 4DIVMUFSO EFT ,JOEFT CFm OEFO +F ÊMUFS EBT ,JOE J
Îä 6iÀÃÌiiÊ`iÃÊ-Ìâià %JF 3àDLMFIOF EFT 4JU[FT LBOO JO KFEF 1PTJUJPO WFSTUFMMU XFSEFO WPO BVGSFDIU CJT WPMMTUÊOEJH [VSàDLHFMFHU ;VSàDLMFHFO ;JFIFO 4JF BO EFO 4DIOBMMFO VN EJF (VSUF EVSDI EJF 4DIOBMMFO [JFIFO [V LÚOOFO VOE MFHFO 4JF EFO 4JU[ [VSàDL "VGTUFMMFO ;JFIFO 4JF EJF (VSUF EVSDI EJF 4DIOBMMFO VN EFO 4JU[XJOLFM [V WFSTUFMMFO /# "MMF .
Σ ÀiÃi &T JTU XJDIUJH EJF #SFNTF JNNFS EBOO GFTU[VTUFMMFO XFOO EFS ,JOEFSXBHFO HFQBSLU XJSE 7FSTJDIFSO 4JF TJDI EB EJF #SFNTF GFTUHFTUFMMU JTU XFOO 4JF JIS ,JOE JO EFO ,JOEFSXBHFO TFU[FO PEFS FT IFSBVTOFINFO #SFNT ;BIOSBE 'FTUTUFMMFO SàDLFO 4JF EFO #SFNTIFCFM LPNQMFUU E OBDI VOUFO &OUSJFHFMO FCFO 4JF EFO #SFNTIFCFM BO TP I XFJU FT HFIU -V iÀ iÌÃÊ >`}iiL>` #FOVU[FO 4JF EBT 4JDIFSIFJUT )BOEHFMFOLCBOE JO BMMFO 4JUBUJPOFO 7FSTJDIFSO 4JF TJDI EBTT TJDI EJF 4DIMBVGF EF
ÌviÀiÊ`iÃÊ-ÌâiÃÊ Õ`Ê-iÃV ÕÌâià ÎÓ &OUGFSOFO EFT 4JU[FT ½õ OFO 4JF EJF ,MJDLWFSTDIMàTTF FOUMBOH EFT 3BINFOT ,MJDLWFSTDIMàTTF BO KFEFS 4FJUF ½õ OFO 4JF EJF (VSUF VOUFSIBMC EFT 4JU[FT VOE EJF BN 3BINFO CFGFTUJHU TJOE (VSU BO KFEFS 4FJUF ½õ OFO 4JF EJF ,MJDLWFSTDIMàTTF EJF EFO 4POOFOTDIVU[ VOE EFO 4JU[ NJUFJOBOEFS WFSCJOEFO /# 8JFEFSFJOCBV EFT 4JU[FT #FGPMHFO 4JF EJF *OTUSVLUJPOFO [VN &OUGFSOFO JO VNHFLFISUFS 3FJIFOGPMHF 4UFMMFO 4JF TJDIFS EBTT EFS 4UPõ Ã#&3
*yÊi}i>ÜiÃÕ}i ÎÎ %JFTFT 'BIS[FVH WFSMBOHU SFHFMNÊJHF 8BSUVOH EVSDI EFO #FOVU[FS 3FJOJHVOH 4UPõ 3BINFO %FS "VTTFOTUPõ TPMMUF SFHFMNÊTTJH HFSFJOJHU XFSEFO #àSTUFO 4JF àCFSNÊTTJHFO %SFDL PEFS 4BOE BC VOE TQàMFO 4JF NJU MBVXBSNFN 8BTTFS OBDI %FS 4UPõ LBOO FOUGFSOU XFSEFO VOE QFS )BOE JO MBVXBSNFN 8BTTFS OJDIU IFJTTFS BMT ¡$ ¡' VOUFS 7FSXFOEVOH WPO NJMEFS 4FJGF HFXBTDIFO XFSEFO 4QàMFO 4JF EFO 4UPõ TPSHGÊMUJH BVT #*55& /*$)5 JN 5SPDLO
Î{ /«Ê/««Ã -FOLTUBOHFO (SJõ #JUUF TDIàU[FO 4JF EFO -FOLTUBOHFO (SJõ WPS "COVU[VOH VOE TDIBSGFO 0CKFLUFO *IS BVUPSJTJFSUFS )ÊOEMFS LBOO GBMMT OÚUJH &STBU[HSJõ F VOE XFJUFSF *OTUSVLUJPOFO CFSFJUTUFMMFO #SFNTF %JF #SFNTF TPMMUF SFHFMNÊTTJH FJOHFGFUUFU XFSEFO VN PQUJNBMF 'VOLUJPOBMJUÊU [V HBSBOUJFSFO 'BMMT EJF #FEJFOVOH EFS #SFNTF TDIXJFSJH JTU LBOO FT TFJO EBTT EJF #SFNTF [VTÊU[MJDI FJOHFGFUUFU XFSEFO NVTT 'FUUFO 4JF EJFTF 0CFSn ÊDIF FJO 5SBOTQPSU EFT ,JOEFSXBHFOT &JO TQF[JFMMFS 7FSTDIMVTT
>À>ÌiLi`}Õ}i %JFTF (BSBOUJF EFDLU %FGFLUF JO EFS 7FSBSCFJUVOH VOE .
ÎÈ /iiÊ`iÃÊ `iÀÜ>}iÀ> ià -FOLTUBOHF )BOEHSJõ +VTUJFSFS 4FJUFOHFTUÊOHF 4POOFOTDIVU[ 4UàU[ESBIU 4POOFOTDIVU[ (FMFOL )BMUFSVOH "CXÊSUTGàISFOEFT (FTUÊOHF #SFNT ;BIOSBE 6OUFSXBHFO (FTUÊOHF 'FSTFOTUàU[F #SFNTOPDLF 4DIJFCFTDIMPTT #SFNTIFCFM )JOUFSBDITF 4DIJFCFTDIMPTT 4DIFMMMÚTF $MJQ %SFILOPQG 'VTTTUàU[F )JOUFSSBE ;VCFIÚS 7FSCJOEVOHTTUàDL "ONFSLVOH %JF "CCJMEVOH TUFMMU EBT .
iÛiÕÌ $J DPOHSBUVMJBNP DPO WPJ QFS BWFS BDRVJTUBUP VO .PVOUBJO #VHHZ #FO TBQQJBNP RVBOUP QSF[JPTP TJB M BSSJWP EJ VO CBNCJOP OFM WPTUSP NPOEP µ DPTÖ JNQPSUBOUF QPUFS NPTUSBSF JM OVPWP BSSJWP BM NPOEP F NPTUSBSF JM NPOEP BM WPTUSP CBNCJOP %B OPJ B .
În 1FS MB TJDVSF[[B EFM CBNCJOP QSJNB EJ VTBSF JM QBTTFHHJOP .
Î Ì>}}ÊiÊ ÕÃÕÀ>Ê`iÊ*>ÃÃi}} .
{ä Ì>}}Ê`i>Ê,ÕÌ> 3VPUB "OUFSJPSF 5FOFOEP QSFNVUJ FOUSBNCJ MF NBOPQPMF BMMP TUFTTP UFNQP TWJUBSF F GBSF VTDJSF M BTTF BOUFSJPSF *OTFSJSF MB SVPUB BOUFSJPSF 3FJOTFSJSF M BTTF F TUSJOHFSF FOUSBNCJ MF NBOPQPMF NBOUFOFOEP TJDVSB BM TVP QPTUP BTTF 1FS SJNVPWFSF 3JQFUFSF MF JTUSV[JPOJ QSFDFEFOUJ BM SPWFTDJP GSFOP EFOUBUP / # /FM NPEFMMP 5FSSFOP %PQQJP 5FSSBJO %PCCMF SJDPSEBSF EJ NFUUFSF MP TQB[JP USB MF SVPUF BOUFSJPSJ EJTUBO[JBUPSJ .
ÌÕÀiÊ`Ê-VÕÀiââ>Ê {£ 1FS BTTJDVSBSF CFOF JM CBNCJOP 6OJSF MF DJOHIJF EFMM TQBMMB DPO MB m CCJB EFMMB DJOUVSB 4QJOHFSF FOUSBNCJ HMJ FTUSFNJ EFM m CCJB EFOUSP MB DJOHIJB EFMMF HBNCF / # "TTJDVSBSTJ DIF JM CBNCJOP TJB QPTJ[JPOBUP JM NFHMJP QPTTJCJMF OFM TFEJMF 6MUFSJPSJ BDDPSHJNFOUJ 4JTUFNBSF MB m CCJB TDPSSFWPMF JO NPEP DIF MF DJOHIJF EFMMB DJOUVSB TPOP GFSNBNFOUF BEBUUBUF "MUF[[B EFMMB $JOHIJB EFMMB 4QBMMB - BMUF[[B EFMMB DJOHIJB EFMMB TQBMMB EPWSFCCF FTTFSF QPT
{Ó -i`iÊ,iV>LiÊ -P TDIJFOBMF EFM TFEJMF QVÛ FTTFSF SFDMJOBUP JO RVBMTJBTJ QPTJ[JPOF EB QFSGFUUBNFOUF SFUUP DPNQMFUBNFOUF SFDMJOBUP 1FS SFDMJOBSF 5JSBSF MF m CCJF QFS GBSF TDJWPMBSF MF DJOHIJF BUUSBWFSTP J GFSNBHMJ F RVJOEJ SFDMJOBSF JM TFEJMF CVDLMFT TUSBQ 1FS "M[BSF 5JSBSF MF DJOHIJF BUUSBWFSTP MF m CCJF QFS BM[BSF M BOHPMP EFM TFEJMF / # 5VUUJ J QBTTFHHJOJ .
{Î Ài ² JNQPSUBOUF B[JPOBSF JM GSFOP PHOJ WPMUB TJ QBSDIFHHJB JM QBTTFHHJOP DBSSP[[JOB "TTJDVSBSF JM GSFOP RVFTUP BODIF RVBOEP JM CBNCJOP WJFOF QPTUP OFM QBTTFHHJOP P UPMUP EB FTTP MFWB EFM GSFOP 1FS B[JPOBSF JM GSFOP 1FS MJCFSBSF T QJOHFSF WFSTP JM CBTTP DPNQMFUBNFOUF MB MFWB EFM GSFOP T QJOHFSF MB MFWB EFM GSFOP DPNQMFUBNFOUF JO TV } >Ê`Ê-VÕÀiââ>Ê`>Ê*ÃÊ 6TBSF MB DJOHIJB EB QPMTP JO UVUUF MF TJUVB[JPOJ "TTJDVSBSF DIF JM MBDDJP EFMMB DJOHIJB TJB DPMMPDBUB JOUPSOP BM
{{ ,ÕÛiÀiÊÊ-i`iÊiÊ>Ê >ÌVi 3JNP[JPOF EFM TFEJMF 4MBDDJBSF J UBQQJ EBM UFMBJP MVOHP J UVCJ OFM m BODP EFM TFEJMF UBQQJ DBEB MBUP 4JB RVJ DIF OFM QVOUP EVF OPO TP DPTB TJB DBEB 4MBDDJBSF MF DJOHIJF BM EJ TPUUP EFM TFEJMF F RVFMMF BUUBDDBUF BM UFMBJP DJOHIJB DBEB MBUP 4MBDDJBSF J UBQQJ DIF TUSJOHPOP MB NBOUJDF F JM TFEJMF JOTJFNF /# 1FS SJNFUUFSF JM TFEJMF TFHVJSF MF JTUSV[JPOJ TPQSB JO TFOTP DPOUSBSJP "TTJDVSBSF DIF JM UFTTVUP TJB B GPSNB EJ DVQPMB 4013"
ÕÀ>Ê`iÊ*>ÃÃi}}Ê {x 2VFTUP WFJDPMP SJDIJFEF MB NBOVUFO[JPOF OPSNBMF EBMM VUFOUF 1VMJ[JB 5FTTVUP 5FMBJP *M UFTTVUP FTQPTUP BMM BQFSUP EPWSFCCF FTTFSF QVMJUP SFHPMBSNFOUF 4QB[[PMBSF RVBMTJBTJ TQPSDJ[JB P TBCCJB F SJTDJBDRVBSF DPO BDRVB UJFQJEB *M UFTTVUP QVÛ FTTFSF UPMUP F MBWBUP B NBOP VTBOEP VO TBQPOF OBUVSBMF EFMJDBUP EJTTPMUP JO BDRVB UJFQJEB OPO QJá EJ $ ' 4DJBDRVBSF BDDVSBUBNFOUF /0/ BTDJVHBSF OFMM BTDJVHB CJBODIFSJB P FTQPTUP EJSFUUBNFOUF BM TPMF USPQQP GPSUF 4F JM QB
{È -Õ}}iÀiÌÊ*À>ÌV .BOJDP EFM .
`âÊ`Ê >À>â>Ê 2VFTUB HBSBO[JB DPQSF J EJGFUUJ EJ MBWPSB[JPOF F EFM NBUFSJBMF QFS VO BOOP EBMMB EBUB EJ BDRVJTUP *M EJTUSJCVUPSF TJ JNQFHOB B SJQBSBSF P SJNQJB[[BSF RVBMTJBTJ QBSUF DIF TJB USPWBUB EJGFUUPTB EVSBOUF JM QFSJPEP EFMMB HBSBO[JB -B HBSBO[JB OPO DPQSF t 1SFOEF DIJBNBUF DPO SJDIJFTUB EJ BTTJTUFO[B BTTJTUFO[B t 4PTUJUVJTDF JM QBTTFHHJOP NFOUSF RVFTUP WJFOF SJQBSBUP t $PQSF EBOOJ BMMF HPNNF F NBOJDP t 1SPWWFEF JTUSV[JPOF P BTTJTUFO[B QFS JM NPOUBHHJP EFMMB SVPUB P JM NPOUBHHJP
{n *>ÀÌiÊ`iÊ/i>Ê`iÊ*>ÃÃi}} .BOVCSJP .BOJDP EB "HHJVTUBUPSF 5VCP -BUFSBMF $BWP 4VQQPSUP EFMMB .BOUJDF .BOUJDF (JVOUVSB -FHBDDJP 5VCP EJ 4PUUP 'SFOP %FOUBUP 5VCP 4PUUP MB $BSSP[[JOB "QQPHHJB 5BMPOF 'SFOP $BN $IJVTVSB 4DPSSFWPMF -FWB EFM 'SFOP "TTF 1PTUFSJPSF $IJVTVSB 4DPSSFWPMF 'FSNBHMJP EJ 3BQJE MJCFSB[JPOF (BODJP "DDFTTPSJP 3VPUB "OUFSJPSF /PUF (SBm DP EFM .PEFMMP 6SCBOP 6SCBO 4JOHPMP .
iÛi`> { 'FMJDJUBDJPOFT QPS DPNQSBS VOP EF MPT QSPEVDUPT i.PVOUBJO #VHHZw /PTPUSPT TBCFNPT DVBO QSFDJPTB F JOTQJSBEPSB VOB QFSTPOJUB QFRVF×B QVFEF TFS FO OVFTUSP NVOEP &T NVZ JNQPSUBOUF QBSB VTUFE NPTUSBS TV CFCÏ BM NVOEP FOUFSP QFSP NBT JNQPSUBOUF BÞO NPTUSBS FM NVOEP B TV CFCÏ &O i.
1BSB MB TFHVSJEBE EFM OJ×P BOUFT EF VTBS FM $PDIFDJMMP .
À>`ÊÞÊ*i}>`ÊiÊ V iVÌÊ`iÊ iLj "SNBOEP TV DPDIFDJUP EF CFCÏ $VBOEP SFDJCF FM DPDIFDJUP EF CFCÏ QSJNFSP MP SFUJSB EF MB DBKB RVJUB MB HPSSB OFHSB FO FM FKF EF MB QBSUF EF BUSÈT Z FM QMÈTUJDP EF FOWPMUVSB FYUFSJPS %JTQPOHB FM QMÈTUJDP EF FOWPMUVSB DPO QSVEFODJB BTÓ EB JNQFEJS FM TPGPDBNJFOUP EF VO OJ×P 5PNF FM DPDIFDJUP EF CFCÏ EF MBT KVOUBT DFSDB EFM QBSBTPM Z MFWBOUF 1POHB QSFTJØO FO FM BQPZB UBMØO QBSB BTFHVSBS RVF MBT DFSSBEVSBT DPSSFEJ[BT FTUÏO DPNQMFUBNFOUF FOHSBOBEBT
xÓ Ì>iÊ`iÊ>ÃÊÀÕi`>ÃÊ 3VFEB "OUFSJPS 5FOJFOEP BQSFUBEP BNCPT CPUPOFT BM NJTNP UJFNQP EFTUPSOJMMBS Z SFUJSBS FM FKF EFMBOUFSP *OTFSUBS MB SVFEB BOUFSJPS 3F JOTFSUBS FM FKF Z BQSFUBS BNCPT CPUPOFT DPO MB NBOP QBSB BTFHVSBS MB SVFEB FO FM MVHBS &KF /# 1BSB SFNPWFS 3FQFUJS MPT QBTPT BSSJCB BM SFWÏT 'SFOP EFOUBEP FO FM NPEFMP 5FSSFOP 5FSSBJO EPCMF SFDVFSEF EF JOTFSUBS FM TFQBSBEPS FOUSF MBT SVFEBT EFMBOUFSBT &KF .
ÌÕÀÊ`iÊÃi}ÕÀ`>` xÎ 1BSB 'JKBS 4VKFUBS MBT DPSSFBT EFM IPNCSP DPO MBT IFCJMMBT EFM DJOUVSØO 5JSF BNCPT IFCJMMBT EFOUSP EF MB DPSSFB FOUSFQJFSOBT 1BSB BKVTUBS /# "TFHVSF RVF FM CFCF TFB QPTJDJPOBEP MP NÈT BCBKP QPTJCMF FO FM BTJFOUP "KVTUF MBT IFCJMMBT DPSSFEJ[BT IBTUB RVF MBT DPSSFBT RVFEFO m SNFT "MUVSB EF MB DPSSFB EFM IPNCSP -B BMUVSB EF MB DPSSFB EFM IPNCSP EFCFSÓB FTUBS TJUVBEB KVTUP EFCBKP P BM NJTNP OJWFM EFM IPNCSP EFM OJ×P $VBOUP NÈT HSBOEF TFB FM OJ×P
x{ ÃiÌÊÀiV>LiÊ &M SFTQBMEP EFM BTJFOUP QVFEF TF SFDMJOBEP FO DVBMRVJFS QPTJDJØO FOUSF WFSUJDBM Z DPNQMFUBNFOUF SFDMJOBEP 1BSB SFDMJOBS 5JSF MBT IFCJMMBT QBSB EFTMJ[BS MBT DPSSFBT B USBWÏT EF MBT IFCJMMBT Z SFDMJOF FM BTJFOUP CVDLMFT TUSBQ 1BSB MFWBOUBS 5JSF MBT DPSSFBT B USBWÏT EF MBT IFCJMMBT QBSB MFWBOUBS FM ÈOHVMP EFM BTJFOUP /# 5 PEPT MPT DPDIFDJUPT QBSB CFCÏT .
xx Ài &T JNQPSUBOUF QPOFS FM GSFOP TJFNQSF RVF FTUBDJPOF FM DPDIFDJUP EF CFCÏ "TFHÞSFTF RVF FM GSFOP FTUÏ BDUJWBEP DVBOEP DPMPRVF P TBRVF FM OJ×P EFM DPDIFDJUP /JWFM EFM GSFOP 1BSB QPOFS B QSFUBS FM OJWFM EFM GSFOP DPNQMFUBNFOUF IBDJB BCBKP 1BSB TPMUBS M FWBOUBS FM OJWFM EFM GSFOP DPNQMFUBNFOUF IBDJB BSSJCB *ÕÃiÀ>Ê`iÊÃi}ÕÀ`>` 6TF MB QVMTFSB EF TFHVSJEBE FO UPEBT MBT TJUVBDJPOFT "TFHÞSFTF RVF FM MB[P EF MB DPSSFB FTUÏ QVFTUP BMSFEFEPS EF MB NV×FDB EF MB QFSTPOB RVF MMFWB FM
xÈ +ÕÌ>ÀÊiÊ ÃiÌÊÞÊiÊ*>À>ÃÊ 2VJUBS FM BTJFOUP %FTBUBS MBT DÞQVMBT EFM BTJFOUP EF MB FTUSVDUVSB BM MBEP EF MPT UVCPT DÞQVMBT DBEB MBEP %FTBUBS MBT DPSSFBT QPS EFCBKP EFM BTJFOUP Z BRVFMMBT QSFOEJEBT B MB FTUSVDUVSB DPSSFB DBEB MBEP %FTBUBS MBT DÞQVMBT RVF BUBO FM QBSBTPM Z BTJFOUP KVOUPT /# 1BSB SFQPOFS FM BTJFOUP TFHVJS MBT JOTUSVDDJPOFT QBSB SFNPWFS BM SFWÏT "TFHÞSFTF RVF MB UFMB FTUÏ DVCJFSUB FODJNB EF MB FTUSVDUVSB 1BSB TPMP FM NPEFMP 5FSSFOP 5FSSBJO
x Ç Õ`>`ÃÊ`iÊ V iVÌÊ`iÊ iLjÊ &TUF WFIÓDVMP SFRVJFSF FM NBOUFOJNJFOUP SFHVMBS QPS FM VTVBSJP -JNQJF[B 5FMB -B UFMB FYUFSJPS EFCFSÓB TFS MJNQJBEB SFHVMBSNFOUF 2VJUBS DPO FM DFQJMMP DVBMRVJFS FYDFTJWB TVDJFEBE P QPMWP Z FOKVBHVF DPO BHVB UJCJB -B UFMB QVFEF TFS SFNPWJEB Z MBWBEB B NBOP FNQMFBOEP VOB TPMVDJØO EF KBCØO TVBWF FO BHVB UJCJB OP NÈT EF $ ' &OKVBHVF B GPOEP /0 VTBS TFDBEPSBT P TFDBS FO TPM GVFSUF &TUSVDUVSB 4J FM DPDIFDJUP EF CFCÏ FT VTBEP FO BNCJFOUFT FYQVFTUPT DPNP BHV
xn ÃiÃÊ*À?VÌVÃ .
`ViÃÊ`Ê >À>Ì>Ê &TUB HBSBOUÓB DVCSF MPT EFGFDUPT EF GBCSJDBDJØO Z EFM NBUFSJBM QPS VO B×P B QBSUJS EF MB GFDIB EF DPNQSB &M EJTUSJCVJEPS TF DPNQSPNFUF B SFQBSBS P FO TV PQDJØO SFNQMB[BS DVBMRVJFS QBSUF FODPOUSBEB EFGFDUVPTB EFOUSP EFM QFSJPEP EF HBSBOUÓB -B HBSBOUÓB OP DVCSF t 3FDPHFS FOUSFHBS P MMBNBEBT EF TFSWJDJPT t 4VCTUJUVDJØO UFNQPSBSJB NJFOUSBT FM DPDIFDJUP EF CFCÏ FTUB TJFOEP SFQBSBEP P FWBMVBEP t %B×PT FO MBT SVFEBT Z FNQV×BEVSBT EF MB NBOJKB t *OTUSVDDJØO P BTJTUFODJB
Èä *>ÀÌiÃÊ`iÊ>Ê ÃÌÀÕVÌÕÀ>ÃÊ`iÊ V iVÌÊ`iÊ iLj .BOJKB .PEJm DBEPS .BOVBM 5VCP -BUFSBM $BCMF 4VQPSUF EFM 1BSBTPM +VOUB EFM 1BSBTPM $JFSSF 5VCP EF "CBKP 5VCP EF BCBKP EFM $PDIFDJUP 3FQPTP EFM UBMØO %JFOUF EFM 'SFOP 1BMBODB EFM 'SFOP $FSSBEVSB $PSSFEJ[B /JWFM EFM 'SFOP &KF 5SBTFSP "QPZP EFM 1JF 3VFEB 5SBTFSB #PUØO (JSBUPSJP $FSSBEVSB $PSSFEJ[B $MJQ EF -JCFSBDJØO 3ÈQJEB (BODIP EF "DDFTPSJP 3VFEB %FMBOUFSB /PUB &T %JBHSBNB EFM .
7iÃÌ}ÀiÌ 1SPm DJBU NFU EF BBOLPPQ WBO FFO .PVOUBJO #VHHZ 8F [JKO FS POT WBO CFXVTU IPF EJFSCBBS FO JOTQJSFSFOE FFO OJFVXF LMFJOF QFSTPPO LBO [JKO JO VX MFWFO )FU JT [P CFMBOHSJKL PN VX CBCZ EF XFSFME UF UPOFO NBBS PPL PN EF XFSFME VX CBCZ UF MBUFO [JFO #JK .
7PPS EF WFJMJHIFJE WBO VX EJFSCBSF QBTTBHJFS HFMJFWF EF[F XBBSTDIVXJOHFO UF MF[FO BMWPSFOT VX .
"«iiÊiÊ6ÕÜiÊÛ>Ê `iÊ7>`iÜ>}iÊ 0QFOFO WBO VX XBOEFMXBHFO 8BOOFFS V VX XBOEFMXBHFO POUWBOHU OFFN IFN VJU EF EPPT FO WFSXJKEFS EF [XBSUF EPQQFO PQ EF BDIUFSBT FO EF QMBTUJFLFO CVJUFOWFSQBLLJOH 7FSXJKEFS EF EF QMBTUJFLFO WFSQBLLJOH PQ FFO WFJMJHF NBOJFS PN UF WPPSLPNFO EBU FFO LJOE TUJLU /FFN EF XBOEFMXBHFO WBTU BBO IFU TDIBSOJFS WBO IFU [POOFTDIFSN FO IFG IFU PQ 1MBBUT ESVL PQ EF IJFMTUFVO PN UF WFS[FLFSFO EBU EF CFXFHFOEF TMPUFO WPMMFEJH WFSCPOEFO [JKO 6X XBOEFMXBHFO PQWPV
È{ 7iÃiÌ 7PPSXJFM )PVE CFJEF LOPQQFO UFHFMJKLFSUJKE JO TDISPFG [F MPT FO USFL EF WPPSBT VJU 7PFH IFU WPPSXJFM JO 7PFH PQOJFVX EF BT JO FO TQBO CFJEF LOPQQFO NBOVFFM BBO PN UF WFS[FLFSFO EBU IFU XJFM PQ EF KVJTUF QMBBUT [JU 7FSXJKEFSFO )FSIBBM IFU WPPSHBBOEF JO PNHFLFFSEF SJDIUJOH /# 7FSHFFU CJK EF 5FSSBJO %VCCFM OJFU PN IFU UVTTFOTUVL UVTTFO EF WPPSXJFMFO UF QMBBUTFO BT BT UVTTFOTUVL .
Èx 6i} i`Ã >À>Ã #FWFTUJHFO ,OJQ EF TDIPVEFSSJFNFO UPU BBO EF HFTQSJFNFO WBO EF UBJMMF %VX CFJEF VJUFJOEFO WBO EF UBJMMFSJFNFO JO FFO LSVJTSJFN /# ;PSH FS WPPS EBU EF CBCZ [P WFS NPHFMJKL JO IFU [JUKF JT HFQMBBUTU "BOQBTTFO 1BT EF CFXFHFOEF HFTQFO BBO [PEBU EF SJFNFO WBO IFU IBSOBT HPFE QBTTFO )PPHUF 4DIPVEFSSJFN %F IPPHUF WBO EF TDIPVEFSSJFN NPFU OFU POEFS PG PQ HFMJKLF IPPHUF NFU EF TDIPVEFST WBO FFO LJOE HFQMBBUTU XPSEFO )PF PVEFS IFU LJOE IPF IPHFS EF SJ
ÈÈ 6iÀÃÌiL>ÀiÊâÌ«>>Ìà %F SVHMFVOJOH WBO EF [JUQMBBUT LBO WFSTUFME XPSEFO OBBS BMMF NPHFMJKLF QPTJUJFT UVTTFO EF SFDIUPQTUBBOEF FO WPMMFEJH WFSTUFMCBSF QPTJUJFT 7FSTUFMMFO 5SFL BBO EF HFTQFO PN EF SJFNFO EPPS EF HFTQFO UF LSJKHFO FO IFU [JUKF UF WFSTUFMMFO CVDLMFT TUSBQ 7FSIPHFO 5SFL EF SJFNFO EPPS EF HFTQFO PN EF LBOUFO WBO IFU [JUKF UF WFSIPHFO /# "MMF .
ÈÇ ,i )FU JT CFMBOHSJKL PN EF SFN PQ UF [FUUFO PN IFU FWFO XBOOFFS V EF XBOEFM LJOEFSXBHFO QBSLFFSU ;PSH FSWPPS EBU EF SFN PQTUBBU XBOOFFS V VX LJOE JO EF XBOEFMXBHFO QMBBUTU PG IFU FS VJUOFFNU SFNIFGCPPN 5PFQBTTFO VX IFU SFNOJWFBV WPMMFEJH OBBS E CFOFEFO 7SJKNBLFO FG SFNIFGCPPN WPMMFEJH OBBS I PNIPPH 6i} i`ëÃÀi (FCSVJL EF WFJMJHIFJETQPMTSJFN JO BMMF TJUVBUJFT ;PSH FSWPPS EBU EF MVT WBO SJFN JT HFQMBBUTU SPOE EF QPMT WBO EF QFSTPPO EJF EF XBOEFMXBHFO WPPSUEVXU
Èn 6iÀÜ`iÀiÊâÌiÊiÊ<iÃV iÀ 7FSXJKEFSJOH [JUKF .BBL EF CFTTDIFSNIPFT WBO IFU [JUKF MPT WBO IFU GSBNF MBOHT EF [JKTUBOHFO IPF[FO BBO FMLF [JKEF .BBL EF SJFNFO POEFSBBO IFU [JUKF FO EJF BBOHFCSBDIU BBO IFU GSBNF MPT SJFN BBO FMLF [JKEF .
È %JU WPFSUVJH WFSFJTU SFHFMNBUJH POEFSIPVE EPPS EF HFCSVJLFS 3FJOJHJOH .