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        



       

     

       

        

          



        

     

         

      

      



   

      

       

     

      

         

   

                       

                            

                          

                    

Summary of content (152 pages)

PAGE 1
,84? /,> :.309 209,@>: A407 &;,F 8,.
PAGE 2
93,7?>A0=E04.394> &4.30=304?>349B04>0 ->A 34< 8=10D 8=F48B4 ID 7A4A *8274A748C 8=F48B4 IDA $8:A>F4;;4 ,AB0274= 5aA *27S34= 3= 90@0> 0=G? 4384=54;3 +0BC4= D=3 =I4864 0AA0D< 0=G? 049P @9/ ,@>>.
PAGE 3
93,7?>A0=E04.394> AD=348=BC4;;D=64= $17020 @9/ %04942@92 )48=86D=6B<8CC4; 490 &?M=@92 B,> ?@9 @9/09/409>? +427=8B274 0C4= (8B07?20=0.3? 09?>:=209 N= &40 49 @9>0=08 :.3>?@/4: 20?0>?0? D5C0D4= A78CI4= D=3 0A4= <8C $8:A>F4;;4 +8??B IDA $8:A>F4;;4 $=N120=4.3?0 9,.
PAGE 4
&4.30=304?>349B04>0 #4B4= *84 18CC4 B>A65S;C86 384B4 41A0D27B0=;48CD=6 %DA 30== :^==4= *84 7A 4ASC B8274A D=3 A827C86 14384=4= 414= *84 384 41A0D27Bc D=3 384 $>=C0640=;48CD=6 6DC 0D5 .4== *84 30B 4ASC F48C4A6414= ;464= *84 384 =;48CD=64= 148 ):= /08 49-,@ '=,9>;:=?>.3G/09 'Aa54= *84 30B 4ASC =027 34< DB?02:4= 48 48=4< +A0=B?>ACB27034= 3aA54= *84 30B 4ASC =827C 0=B27;84P4= 706?=4>.30= 9>.
PAGE 5
A0=364507A %84 1A4==10A4 464=BCS=34 8< 0AA0D< 0D514F07A4= %84 384 0AA0D= ;4:CA>64ASC4= 8= 34A 748P4= 0AA0D;84AD=6 :0== B27<4;I4= -4A1A4==D=6B64507A %84 *?48B4= <8C 6A>P4= $4=64= 0= 7>27?A>I4=C864= 0;:>7>;8B274= 4CAS=:4= ID14A48C4= ;:>7>;3S
PAGE 6
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PAGE 7
!46=:B07709P 04>?@92 @9/ P+04? A0=364507A %84 48=4 E84; ID 7>74 $8:A>F4;;4=c#48BCD=6 >34A c/48C 48=BC4;;4= 84 #414=B<8CC4; :^==4= B827 4=CIa=34= D=3 30B 4ASC 14B27S3864= )827C4= *84 B827 =027 34= =6014= 8= 384B4A 41A0D27B0=;48CD=6 )0=;,.6@9209 A0=364507A %84 *?48B4= 8= .
PAGE 8
,-D9,3=@92 -4A1A4==D=6B64507A %84 01H=07AD=6 8= 64B27;>BB4=4= 45SP4= 4AFSA<4= =C54A=4= *84 8<<4A 34= 42:4; >34A 34= *0D64A %027 34< AFSA<4= 6DC D34A B27aCC4;= *> E4AC48;C B827 384 .SA<4 6;4827A *84 34< "8=3 384 %07AD=6 6414= 0-09>84??07 84? &.
PAGE 9
@>6N3709 84? :11090= 0=G?0?N= 4= 0AA0D< =DA 64B27;>BB4= 0DB:a7;4= ;0BB4= %827CB 8= 384 4ASC4CaA 48=:;4<<4= D27 F4== 384 +aA =DA 48=4= *?0;C 1A48C >554= 8BC :^==4= 14=02710AC4 $^14;5A>=C4= <8C 34A /48C 14B27S386C F4A34= &?,=6 A0=>.38@?E?0 4.3?@92 .
PAGE 10
3= 90@0> 0=G? 84A ;4A=4= *84 7A =4D4B 4ASC :4==4= .
PAGE 11
',>?09 @9/ 9E0420 3' )& $8C 34= +0BC4= BC4;;4= *84 E4AB278434=4 /DB0CI5D=:C8>=4= 48= = 34A =I4864 :^==4= *84 384 48=64BC4;;C4= .4AC4 01;4B4= /(%.#)( , -.
PAGE 12
,==,@8 N3720-7G>0 0B 4ASC 8BC <8C 48=4< "a7;641;SB4 0DB64BC0CC4C 0B 41;SB4 :0== F48C4A;0D54= 0D27 F4== 30B 4ASC 14A48CB 0DB64B270;C4C 8BC 49B04>0 48< $8:A>F4;;4=c 4CA841 1;481C 34A 0AA0D< :0;C +A>CI34< B270;C4C B827 30B "a7;641;SB4 48= B :0== F48C4A;0D54= 0D27 F4== 34A $8:A>F4;;4=c 4CA841 14A48CB 144=34C 8BC = +aA54=BC4A ==4=FS=34= D=3 >34= :0== ">=34=BF0BB4A 0D5CA4C4= 0B 8BC =>A<0; 384 D=:C8>= 34A $8:A>F4;;4= F8A3 303DA27 =827C 1448=c CAS27C86C .
PAGE 13
):= /08 0=>?09 09@?E09 84A 4A507A4= *84 F0B *84 CD= A *84 <8C 7A4< $8:A>F4;;4=64ASC ID< 4ABC4= $0; *?48B4= ID14A48C4= #4B4= *84 E>A74A 30B "0?8C4; ! #" & " (3=E04? 049>?07709 %027 34< =B27;DBB ;4D27C4= 8= 34A =I4864 3A48 %D;;4= D=3 384 *H<1>;4 *C4;;4= *84 384 ,7AI48C 48= $8C 34< A47FS7;4A 384 0:CD4;;4 ,7AI48C 48=BC4;;4= +0BC4 3Aa2:4= 84 ,7AI48C 8BC 48=64BC4;;C (3=E04? ,@>-709/09 *84 :^==4= 384 ,7AI48C 0DB1;4=34= *> 8BC B84 =DA B827C10A F4== 34A 02:>54= 8= 4CA841 8BC *
PAGE 14
40 !46=:B0770 $8:A>F4;;4= F4A34= 8= #414=B<8CC4;= 8= .SA<4 D<64F0=34;C *84 4A70;C4= =5>A<0C8>=4= ID< 4B278AA D=3 :^==4= =027;4B4= F84 *84 384 $8:A>F4;;4 48=BC4;;4= 49B04> < "0?8C4; *! $ " ! "#$ # "# # 58=34= *84 48B?84;4 ID< D5C0D4= A78CI4= D=3 0A4= <8C $8:A>F4;;4 49B04>0 E@8 0>.34== 004290?0> 0>.
PAGE 15
.4== *84 D=B8274A B8=3 >1 7A 4B278AA <8:A>F4;;4=64486=4C 8BC <0274= *84 384B4= +4BC *C4;;4= *84 30B ;44A4 4B278AA 5aA L 18B $8=DC4 148 <0G8<0;4A #48BCD=6 8= 30B 4ASC 'Aa54= *84 IF8B274=3DA27 384 +4;; :0;C >34A 70=3F0A< B48= .
PAGE 16
$8C 34< A47FS7;4A 384 0D4A 48=BC4;;4= +0BC4 BC0AC 3Aa2:4= 4A 4CA841 BC0AC4C 84 0D4A ;SD5C B827C10A 01 40 ,@0= 4>? ,-207,@109 8= *86=0; 4AC^=C 4A $8:A>F4;;4=14CA841 8BC 144=34C $8C +0BC4 30B 4ASC 0DBB270;C4= *84 :^==4= 34= *86=0;C>= E>AI48C86 <8C +0BC4 ;^B274= 0=G?0?N= EB4>.309/@=.
PAGE 17
:720-0?=40049>?07709 +0BC4 3Aa2:4= 7A 4ASC 8BC 14CA841B14A48C +0BC4 3Aa2:4= 84 5aA 34= 4ABC4= >;6414CA841 4AB2748=C 8= 34A =I4864 84 4ABC4 $8:A>F4;;4=c#48BCD=6 D=3 0D4A 48=BC4;;4= +0BC4 3Aa2:4= 84 5aA 34= IF48C4= >;6414CA841 4AB2748=C 84 IF48C4 $8:A>F4;;4=c#48BCD=6 D=3 0D4A 48=BC4;;4= +0BC4 3Aa2:4= 84 5aA 34= 3A8CC4= >;6414CA841 4AB2748=C 84 3A8CC4 $8:A>F4;;4=c#48BCD=6 D=3 0D4A 48=BC4;;4= +0BC4 BC0AC 3Aa2:4= 4A 4CA841 BC0AC4C 84 64B0; 5aA
PAGE 18
$=:2=,88,@?:8,?46 $8C 34A 'A>6A0<<0DC><0C8: :^==4= *84 60=I 48=5027 *?48B4= ID14A48C4= *84 FS7;4= 30B 'A>6A0<< D=3 6414= 30B 4F827C 7A4A *?48B4 48= 84 >?C8<0;4 8=BC4;;D=6 a14A=8<6A0<<0DC><0C8: *84 :^==4= D=C4A 'A>6A0<<4= 0DBFS7;4= $=:2=,88 049>?07709 .
PAGE 19
+0BC4 3Aa2:4= = 34A =I4864 4AB2748=C 0;B 4F827CBE>AB27;06 "8;>6A0<< $8C 34< A47FS7;4A 30B 4F827C 48=BC4;;4= +0BC4 BC0AC 3Aa2:4= 0B 'A>6A0<< BC0AC4C 84 0D4A ;SD5C B827C10A 8= 34A =I4864 01 $=:2=,88 4>? -009/0? 8= *86=0; 4AC^=C 0B 'A>6A0<< 8BC 144=34C 30B 4ASC 748IC =827C <47A $8C +0BC4 30B 4ASC 0DBB270;C4= >34A 4A=4DC 48=BC4;;4= *84 :^==4= 34= *86=0;C>= E>AI48C86 <8C +0BC4 ;^B274= $=:2=,88 ,--=0.
PAGE 20
49B04>0 E@= $=:2=,88P @?:8,?46 @1?,@09 %47<4= *84 30B #414=B<8CC4; 0DB 34A -4A?02:D=6 D=3 F8464= *84 4B 01 .
PAGE 21
'4;;:0AC>554;= ;48276A>P4 "0AC>554;= E4AF4=34= .0B274= D=3 *270;4 <47A<0;B 48=BC4274= "0AC>554;= =>27 54D27C 8= 48= 4B278AA >7=4 .0BB4A 6414= %04> )48B B27SD74B 4B278AA <8C 42:4; *C4;;4= *84 30B )>764F827C >7=4 ;aBB86:48C 48= 84 IF48c 18B IF4848=70;150274 $4=64 ;aBB86:48C ID< )48B 6414= "48=4= ">2714DC4;c)48B E4AF4=34= 08N>0 4P4 *Ca2:4 B27=4834= 'A> 6 BB;^554; .
PAGE 22
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PAGE 23
$8C 34< A47FS7;4A 384 0D4A 48=BC4;;4= +0BC4 >34A 3Aa2:4= 48= *86=0; 4AC^=C 84 8=BC4;;D=6 8BC 64B?48274AC D=3 :0== 9434AI48C 64BC0AC4C F4A34= 490 ,9/0=0 49>?077@92 >;04.
PAGE 24
=@9/049>?077@9209 G9/0=9 7A 4ASC 70C E4AB278434=4 AD=348=BC4;;D=64= 384 *84 9434AI48C E4AS=34A= :^==4= =@9/049>?077@9209 ,/( #(-. &&/(! = 34A +014;;4 58=34= *84 0;;4 AD=348=BC4;;D=64= D=3 384 M=34AD=6B<^6;827:48C4= :!&# "% #.
PAGE 25
$17020 @9/ %04942@92 %04942@92>84??07 48 B>A65S;C864A '5;464 D=3 )48=86D=6 1;481C 7A $8:A>F4;;4=64ASC ;0=64 B27^= D=3 8=C0:C .
PAGE 26
, # " #(#!/(!-'#..
PAGE 27
490 &?M=@92 B,> ?@9 +A8CC 48=4 *C^AD=6 0D5 B> ;846C 4B >5C =DA 0= 48=4A ";48=86:48C 4E>A *84 34= "D=34=384=BC AD54= 027C4= *84 18CC4 0D5 5>;64=34 8=F48B4 .4== 48=<0; 48= 4A827C =827C >?C8<0; 64;8=6C B474= *84 8< "0?8C4; *! $ " ! "#$ # "# # =027 >AC 58=34= *84 E84;4 +8??B D=3 8=F48B4 ID< ">274= .
PAGE 28
.:,/(! :!&# " ,- " "#& #(1 #- 9> +97>1< 5BD`>D 5B ?@@5<@E>;D 9> 45B >J5975 2<9>;D 1C 5BWD 2569>45D C938 9= 5=?=?4EC ,1CD5 4Bc3;5> ,1CD5 +5;E>45> <1>7 754Bc3;D 81 5B 5=?=?4EC 9CD 451;D9F95BD 5BWD C381138 45= +D1BD5> 12 !> 45B >J5975 5BC3859>D 495 58<5B=5<4E>7 K 95 ,cB GEB45 >938D B938D97 75C38 ,cB >?38=15> E>4 B938D97 C38<95T5> G5>> 41C >938D 89<6D F5BCDW>4975> +95 45> #E>45>495>CD !> 45B >J5975 5BC3859>D 495 58<5B=5<4E>7 K 95 ,
PAGE 29
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