close

Se connecter

Se connecter avec OpenID

1a. Rapport de Présentation : Diagnostic Territorial

IntégréTéléchargement
Département de l’Hérault,
Communauté de communes Nord du Bassin de Thau,
Ville de Mèze
PLU
Élaboration du
PLAN LOCAL D’URBANISME
1a. Rapport de Présentation : Diagnostic Territorial
Document arrêté - Juillet 2016
Agence ROBIN & CARBONNEAU > urbanisme & architecture + ECOVIA > environnement
Contact : Agence Robin & Carbonneau : 8 rue Frédéric Bazille 34000 Montpellier - 09 51 27 25 17 - contact@robin-carbonneau.fr
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
INTERVENANTS
8:';%4<%'<?$%'<':'2,;'%8:Q
0 N (%!&'& ;
%''&# !'%9
J%(%11%$(-EFBBB"!'#%
"!''@%"!;%"!!(:%
BKGCDIDGGC
N#2N(%!&'; %''
#8
N!"'
N(%!&';%''#
N"&N1"%#;(%!&'
'
y4B,:544%3%4<
524$y,4*'4,%?:\"5[*':4<
il5<%;,*2%;\klmnh,22%B%E:"
:R<+2%:c%"5B,R):
yE;*,;<%$82*
ik9?,$%;44%?:;[klhqh54<8%22,%:
3,%4R?:EcE+55R):
1
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
XHJI
m
n
ki
lp
nh
Q
Q
QQ
Q
Q
Q
YI Q
Q
Q
Q
Q
Q
Q
Q
^W
IB
QU
ZHJ
\
_W
JB
JH
KE
CBH
CDB
CDG
CEJ
CGH
2
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
PREAMBULE :
CADRE DE TRAVAIL
% ]24 $U""?8<,54 $%; 52;^ ,4,<,2O
$<4< $% iqqiO B,< '<' %4**' 85?:
:'854$:% ?4 "%:<,4 453!:% $U%40%?D
'"5453,9?%;O 2,'; ? $'B%2588%3%4<
$U"<,B,<'; :<,;42%; 4'"%;;,<4< ?4
3'4*%3%4< $% F54% %< ? ;%"<%?:
"54"+E2,"52%R
&F%O "533% 2%; ?<:%; B,22%; 2,<<5:2%; $%
2U':?2< %< 82?; 8:<,"?2,&:%3%4< $? 5:$ $?
;;,4 $% +?O ;?!, "%; jh $%:4,&:%;
44'%;O?4%8:%;;,54$'35*:8+,9?%)5:<%9?,
%4<:,4' ?4 $'B%2588%3%4< ?:!,4 ;4;
8:'"'$%4<R U'<2%3%4< 8B,22544,:% $54"
'<',385:<4<O3(3%;,$4;2%4*?%$5"O2%;
$%4;,<';5!;%:B'%;$%3%?:%4<82?;)5:<%;9?%
$4; $U?<:%; :'*,54; 2,<<5:2%;O 45<33%4<
<24<,9?%;R
5?: ""538*4%: %< %4"$:%: ? 3,%?D "%
$'B%2588%3%4<O<5?<?4%;':,%$%:'B,;,54;$?
?:54< '<' 4'"%;;,:%;O 2,;;4<
?05?:$U+?, ?4 $5"?3%4< $U?:!4,;3% $54<
2U%D8:%;;,54 ),42% 4U%;< 82?; ;?)),;33%4< %4
$'9?<,54 B%" ;%; )54$%3%4<; $U5:,*,4%O 4,
B%" 2%; %40%?D $%; im 8:5"+,4%; 44'%;R :'B,;,54 *'4':2% %< ;54 'B52?<,54 %4 ]24 5"2 $U:!4,;3%^ ;U%;< B':'%
4'"%;;,:%R
2 4% ;U*,< 82?; ;%?2%3%4< $U<<:,!?%: ?4%
5""?8<,54 $%; ;52; %4"$:'% 8: ?4
:&*2%3%4< ];5?B%4< ?4 8%? <:58 *'4':,9?%^O
3,;$U!5:$%:?4%$'3:"+%"54<%D<?%22%9?,
8%:3%<<: $U'2!5:%: 2% 8:50%< "533?42R %
8:50%<$%B,22%24"%:?4%*:4$%:')2%D,54;?:
2U'B52?<,54 ?:!4,;<,9?% $% &F% $4; 2%
<%38;O ": ,2 4% ;U*,: 82?; $% ;?!,:
2U?:!4,;<,54O3,;?"54<:,:%$%2U4<,",8%:R
"% ?D 45?B%?D %40%?D %4 3<,&:%; $%
9?2,<' ?:!,4% %< :"+,<%"<?:2%O $%
8:5<%"<,54 $%; 8E;*%; %< $%; 3,2,%?D
4<?:%2; ;%4;,!2%;O $? 3,4<,%4 $%
2U*:,"?2<?:%O 2% $%B: ,3*,4%: $%
45?B%22%;8,;<%;$%$'B%2588%3%4<$B4<*%
D'%;;?:$%;45<,54;$U'9?,2,!:%;9?%;?:$%;
5885:<?4,<';$U58':<,54;R
?05?:$U+?,O 2 :')2%D,54 "54$?,<% ?<5?: $?
$? ;;,4 $% +? ,382,9?% ?4%
:')2%D,54 ;?8: "533?42%O 9?, 8%:3%<<: $%
3,%?D ,4<'*:%: 2% $'B%2588%3%4< "533?42
$4;?4<%::,<5,:%'2:*,R
3
5!,4b:!544%?Z"5B,Z3,%4?:E
2;U*,:$U,4<'*:%:$4;2%$%B%4,:?:!,4$%2
B,22%O 2U%4;%3!2% $%; 8:50%<; $% <%::,<5,:% 9?,
85:<%:54< $%; :'8%:"?<,54; ;%4;,!2%;O
45<33%4< %4 3<,&:%; $% $'82"%3%4<; 5?
$U'9?,8%3%4<;R %; 45?B%?D '2'3%4<;
;<:?"<?:4<; 4'"%;;,<%4< $U(<:% ,4<'*:'; $4;
?4%:')2%D,54*25!2%?<5?:$?8:50%<$%B,22%
<4< 2%; :'8%:"?<,54; ;?: 2%; %;8"%; +!,<';O
'"5453,9?%; 5? 4<?:%2; 8%?B%4< (<:%
*:4$%;R
% 5)):,: $54" ?4% B,;,54 *25!2% 3,;
'*2%3%4< <:4;$,;",82,4,:% $? <%::,<5,:%
"533?42 9?U,2 82"%: %4 8%:;8%"<,B%
$U'B52?<,54R 5?: E 8:B%4,:O 2% ;U:<,"?2%:%4k8:<,%;)54$3%4<2%;Q
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
kR " 21'"G /" #'/"0"18 "8 /"7
11">"7O 9?, ;54< 2%; 8,&"%;
:&*2%3%4<,:%; :%4$4< 2% 882,"!2%R
% 8:50%< $% B,22% ]^ %;< 2 X"2' $% B5?<%
$? YO :%85;4< ;?: 2U42E;% $% 2U%D,;<4<
]
^%<0?;<,),4<2%;"+5,D:&*2%3%4<,:%;R
: "% $5"?3%4<O ,2 ;U*,: $% 8':%44,;%: 2%;
9?2,<'; %D<:5:$,4,:%; $? <%::,<5,:% 3'F5,;
]2,<<5:2O8E;*%;O8<:,35,4%^<5?<%482#4<
2 B,22% $4; ?4% $E43,9?% 8:5;8%"<,B%
85:<4< ?4% :')2%D,54 4'"%;;,:% ;?: 2%;
45?B%22%; )5:3%; ?:!,4%; ,3*,4%: 85?:
2UB%4,:R
iR " 644268 !" 46$7"188)21H
$,*45;<," "533?42 ]'<< $% 2,%?DO
!;% $% 2 :')2%D,54^ ;;5:<, $% 2
)5:3?2<,54 $%; 8:,4",8?D %40%?D $%
$'B%2588%3%4<O
jR " 62-"8 !J0$1'"0"18 !" !"
$="/244"0"18 ;6/" ]^ 9?,
)5:32,;%:2%;,4<%4<,54;"533?42%;
%4 3<,&:%; $U'B52?<,54 %< 5:,%4<%:
2%;8,&"%;:&*2%3%4<,:%;O
4
5!,4b:!544%?Z"5B,Z3,%4?:E
PREMIERE PARTIE :
DIAGNOSTIC COMMUNAL
Titre 1: Etat des lieux
perspectives d’évolution.
et
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;?:)"% $% 2 "533?4% %;< $% ZWYX
("86"7R % <%::,<5,:% "533?42 ;U'<%4$ ;?:
2%2,<<5:25:$$?;;,4$%+?%<"?23,4%
^\0!J/8)8;!"R
H7)8;8)21'$2'64()5;"H
&F% %;< ?4% "533?4% $% 2 :'*,54
4*?%$5"[5?;;,2254 %< 5""?8% ?4% 85;,<,54
"%4<:2% ;?: 2% 2,<<5:2 ':?2<,;R , 2
"533?4% 4U 8; $% 2,4',:% "6<,%:
$,:%"<%3%4< 5?B%:< ;?: 2 '$,<%::4'%O %22%
;%;,<?%%4:%B4"+%;?:2:,B%5:$$?;;,4
$% +?O 2% 82?; *:4$ '<4* 2*?4,:% $% 2
:'*,54R
% "% ),<O 2 B,22% !'4'),",% $U?4 "2,3< <5?<
8:<,"?2,%:R %; %3!:?4; %< 2U,: $5?",
<%38&:%4< 2%; 82?; )5:<%; "+2%?:; %<
3,4,3,;%4< 2%; +,B%:; 2%; 82?; :?$%;R %
3,":5"2,3< 4U%;< 8%:"%8<,!2% 9?% ;?: j13
%4B,:54 2U,4<':,%?: $%; <%::%;R ,4;,O 2% 5:$
$% 2 "533?4% %;< 82?; "54<:;<'O
;U88:%4<4< 2U%4;%3!2% $? "2,3< $% 2
82,4%24*?%$5",%44%R
$?#N;9#%6*#11#G
296 #F(22(/#047G
5
5!,4b:!544%?Z"5B,Z3,%4?:E
H200;1";7")1!;8"66)82)6"H
<('-0--++#-(+#%-.+#'8
"&218)211"0"188"66)826)/H
?<:% ; 85;,<,54 2,<<5:2%O 2U<<:"<,B,<' $% 2
B,22% 8:5B,%4< $% ;54 ,4<'*:<,54 $4; ?4
;E;<&3% <%::,<5:,2 %< ?:!,4 $E43,9?%R ?
"7?: $? !;;,4 $% B,% +':?2<,;O !5:$'% 2U?%;< 8: 2U**253':<,54 $% 'F,%:;
]iihmpq+!^%<2U;<8:2U**253':<,54$%
54<8%22,%:]ljkplj+!^O2B,22%05?D<%?;;,
2%; **253':<,54; $U*$%['F'4; ]nqpnq
+!^%<$%&<%]qmiqn+!^R =)//" "78 !21
; "186" !J;1" )6" 8"66)826)/" 4";4/$"
!J"1=)621^WWWWW()8187I
%!;;,4+':?2<,;;U%;<)5:<%3%4<$'B%2588'
*: "% ?D $%?D 8:,4",8?D D%; $%
"533?4,"<,54 9?% )5:3%4< 2UqZim :%2,4<
2%5:$$%2U?:58%28'4,4;?2%!':,9?%O%<
25,%%::'%254*%4<2%2,<<5:2;;?:4<$%;
2,,;54;B%:;5?25?;%O:"%254%%<:;%,22%R
2?; :'"%33%4<O 2 ":'<,54 $% 2U?<5:5?<%
om :%2,4< 'F,%:; :,; %4 8;;4< 8: 2%
;;,)%4<:2%<2%:354<[%::4$:%4)5:"'
%4"5:% $B4<*% 2U<<:"<,B,<' $? 7?: $%
2U':?2<R+?<%?:$%2%:354<[2U':?2<O"%<
D% ?<5:5?<,%: ;% $,B,;% %4 $%?D !:4"+%O
2Uom :%2,4< 'F,%:;O %< 2Uomh :%05,*44<
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
54<8%22,%:R %<<% 45?B%22% B5,% 8%:3%< $%
":'%: ?4% 2<%:4<,B%222'%$?+64%O %<
:%4)5:"% 2U<<:"<,B,<' '"5453,9?% %<
<5?:,;<,9?% $? 4*?%$5"R &F% %;< ;,<?'% 3,[$,;<4"%$%2"544%D,54;?:2Uq$%;$%?D
!:4"+%; om %< omhO %< 5""?8% $% ),<O ?4%
;,<?<,54;<:<'*,9?%R
:'*,54 4*?%$5"[5?;;,2254O
9?,"538<%imlm"533?4%;?4%
;?8%:),",%$%jokon13r85?:?4%
858?2<,54 <5<2% $% j nih pqh
+!,<4<;O ":'4< ?4% $%4;,<' $%
qmOl +!Z13rR U?4% ;?8%:),",% $%
njjl 13r 85?: ?4% 858?2<,54
<5<2% $% i hki qol +!,<4<; %4
jhhqO 2% $'8:<%3%4< $% 2U':?2<
?4% $%4;,<' 35E%44% $% inqOi
+!,<4<;?13r]5?:"%
jhhq^R
17#68*21"#$?#"17/#7>78$0#96*1)%69/8*7G
6
5!,4b:!544%?Z"5B,Z3,%4?:E
B,22%O $54< 2% <%::,<5,:% "533?42 %;<
8:<,%22%3%4<<:B%:;'8:2UqO4%;%;,<?%8;
;?:?4'"+4*%?:O3,;3,[$,;<4"%%4<:%2
;5:<,%4dklX*$%['F%4;Y2U5?%;<%<24d
kkX&<%Y2U;<R%:';%?;%"54$,:%;;?:'
8: $%; B5,%; $'8:<%3%4<2%; 8:)5,;
$'$5?!2'%;%;<$%!544%9?2,<'%<;;?:%?4%
!544% "544%"<,B,<' ;?: ;%; ;5:<,%;R &F%
5""?8% $54" ?4% ,3824<<,54 8:,B,2'*,'% 8:
2 8:5D,3,<' ,33'$,<% $%; *:4$; D%; $%
",:"?2<,54?<5:5?<,&:%R
% <:4;85:< )%::5B,,:%O <4< 85?: 2%;
8;;*%:;9?%85?:2%;3:"+4$,;%;%;<?;;,
%4 ?*3%4<<,54 $% <:),"R B5,% )%::'%
"<?%22% %;< 8:<,"?2,&:%3%4< ;<?:'%O %< ?4%
45?B%22% B5,% *:4$% B,<%;;% 88:-<
4'"%;;,:% 85?: :'854$:% ? <:)," %<
$'B%2588%: $% 45?B%?D 35$%;R &F% 4U%;<
8;$,:%"<%3%4<;,<?';?:"%<<%B5,%%<4U8;
$%*:%O3,;8:5),<%$%28:5D,3,<'$%"%22%;
$U*$%]jh13^%<$%&<%]im13^
J)!"18)8$'$2'64()5;"H
% <%::,<5,:% "533?42 %;< ;<:?"<?:' ;%254 k
*:4$%; %4<,<'; *'5*:8+,9?%; 9?, 2?, %4
$544%4< <5?<% ; 8:<,"?2:,<' ]? 5:$ ?
?$^Q
iR %;"522,4%;$%2':,%$%,22%B%E:"O
jR 82,4%B,<,"52%%<2F54%?:!4,;'%O
kR U'<4*$%+?%<2F54%2*?4,:%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
j y 2,4% B,<,"52% 9?,
""?%,22%
2
F54%
?:!4,;'%$%2"533?4%
$'B%2588% ?4 8E;*%
82?;
"533?4
$%
2U':?2<O
5?
2%;
2,*4%3%4<; $% 82<4%;
%4 !5:$ $%; 8:,4",82%;
Xe"72//)1"7!"/$6)"!")//"="?6
B5,%; 5)):%4< $%; ):54<;
B,;?%2; 3:9?4< $%;
2,*4%;
8E;*&:%;
:%3:9?!2%;R
U?<5:5?<% q 3:9?%
?4% 2,3,<% %4<:% "%; $%?D
8:%3,&:%;
%4<,<';
Ye4/)1"=)8)2/""8/@21";61)7$"
8E;*&:%;R 4 82?; $%
2U%))%<$%"5?8?:%?:!,4%
9?U%22% 8:5B59?%O 2
ZeJ$81'!"(;"8/@21"/';1)6"
;'8:<,54$%;3,2,%?D%;<
$% ),<O $U?<4< 82?;
8:'*44<%R
#8#66*82*6#0%?2*7D91#86*4/#*"#18*8%G296 #FG
k y 4),4O 2 *:4$% 8:<,"?2:,<' $% &F% %;<
$%;U5?B:,:;?:2:,B%5:$$%2U'<4*$%+?O
i y %; :%2,%); $% 2 ":(<% $? 5*4",%4
$'B%25884< ?4% "":5"+% 2,<<5:2% ;,4*?2,&:%
;<:?"<?:%4< 2% 8E;*% 8: $%; 82,; :5"+%?D
;?:22*?4%RB,22%;U%;<$'B%2588'%?<5?:
5:,%4<'; 5:$[?$ %< 85?: 2 82?8:<
$% ;54 85:< $% 8("+% %< 2%; "<,B,<';
:%"5?B%:<; $% 8,4&$%;R 4<:% "+9?% :%2,%)O
"54"+E2,"52%; %< 5;<:',"52%; 8:<,",8%4< ?<4<
$%;F54%;"?2<,B'%;]"':'2%;OB,*4%;^5""?8%4<
2 ":'<,54 $? 8E;*% 9?U 2U"<,B,<'
2%; B2254;R % 8E;*% <E8,9?% %;<
'"5453,9?% $% 2 B,22%R %<<% '<%4$?% $U%?
:%3:9?!2% $% 8: ; "5382'3%4<:,<' $%
;2,4% ;4; 3:'% 4, :%35?; $'2,B:% ?4%
)5:3%;*'525*,9?%;%<;B:,'<')25:,;<,9?%R
;%4;<,54 '<:4*% $U?4% 8%<,<% 3%: "23%O
8,;4<%R
7
5!,4b:!544%?Z"5B,Z3,%4?:E
('-0-"#,-(+#*.8
'$1#7"!"/=)//"H
%8?,; 2U4<,9?,<'O 2U+,;<5,:% $% &F% <5?05?:; '<' 2,'% ?D 'B52?<,54; $% ;54
<%::,<5,:%O %< 82?; 8:<,"?2,&:%3%4< ? 2,<<5:2
%<2U'<4*$%+?R
B,22% )?< $U!5:$ 5""?8'% 8: 2%; :%";O %4
8:%3,%:2,%?8:2%;8+'4,",%4;O%<%4;?,<%8:
2%; 8+5"'%4;O ,3824<'; '*2%3%4< 454 25,4
$% 2 *$% ]*<+^ %< <<%; ]<<:^Q X/
#78 '268 462/# 59# /#7 )%1* *#17 7#
"*6*(#18 ;#67 /#967 20482*67 (8)2*7
98*/*7$6#18/S6*1896#/59#/#962''6*8 #7*8#
4296 7# 4628%(#6 "#7 8#04&8#7D "# /
8602181# #8 "#7 ;#187 "9 26"M78G #
8#66*82*6#
"#
$?#
%8*8
/267
;6*7#0//#0#18
2 94%
46
"#7
4249/8*217$6#729*(96#7GK P296 #F0*6*#
N7*8#<#QG %:B,< 25:; $% B,22% '<8% ;?: 2%;
B5,%;3:,<,3%;"533%:#4<%;%4<:%2
:&"%
%<2U;8*4%R
533% 2U,22?;<:% 2 ":<% ",[$%;;5?;O 2%
2,<<5:2 2*?4,:%O ;4; $5?<% 82?; 5?B%:<
9?U?05?:$U+?,O
5)):,<
?4
;,<%
4<?:%22%3%4< !:,<' $%; <%38(<%;
3:,4%; %< $%; <<9?%; 8,:<%;O "% 9?, 8%:3,; ?D ",<'; 9?, 2% !5:$,%4< $% ;%
$'B%2588%:R &F% 4U'<,< 8; ;%?2%3%4<
?4% ",<' "533%:#4<%O 2 8("+% E 05?,<
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
$&; 2U4<,9?,<' ?4 :62% ,385:<4<R % ;54<
2%; :%"; 9?, %4 ,385:<4< 2%?: ;B5,:[
),:%O 54 ,3824<' 2 "?2<?:% $%; +?,<:%;
;?: 2% !;;,4 $% +?R 2; %D825,<&:%4<
'*2%3%4< 2%; 8:%3,%:; ;2,4;O "% 9?,
$'B%2588
$U?<4<
2%;
"<,B,<';
"533%:#4<%;R 2; ;%:,%4< '*2%3%4<O
B4< 2%; :53,4;O 2%; ,385:<<%?:; $% 2
B,*4%R
?""'$4< ?D :%";O 2%; 53,4; B,4:%4<
"549?':,: 2 :'*,54 B%" $%; ),4; 82?;
3,2,<,:%;9?%"533%:#4<%;Q J1XW_;G
GMD /S9" *#97# #=4%"*8*21 59# /#7 20*17
0#1$6#18 2186# 11*/ #1 74(1# #98
4296 1286# ;*//# "# 462'21"#7 6%4#6 977*217G
$?# #8 /S%81( "# )9 "#;*16#18 /S449*
/2(*78*59# "# / 04(1# #74(12/#GK
P296 #F0*6*#N7*8#<#QG
:4$;
! <,;;%?:;O
2%;
53,4;
885:<&:%4< 4'435,4; ?4% 45?B%22%
)5:3% $% 8:5;8':,<'R 2; ,3824<&:%4< 2
"?2<?:% $% 2U52,B,%: %< $'B%2588&:%4< "%22%
$% 2 B,*4%R 2; ':,*&:%4< '*2%3%4< $%;
:%38:<; 85?: 8:5<'*%: 2 B,22% %<
$'B%2588&:%4< 2% 8:%3,%: :';%? :5?<,%:
?<5?:$%25,%53,<,254*%4<2"6<%O
%< $54< 2U?<5:5?<% "<?%22% :%8:%4$
;%4;,!2%3%4<2<:"'R
B,22 *225[:53,4%
$%5?8,4]"533?4%
B5,;,4%^ <'35,*4% $%
2 8:5;8':,<' *:,"52%
$% "%<<% '859?%O 9?,
8%:3,<O %4 82?; $?
2,<<5:2O
$%
;%
$'B%2588%:$B4<*%
B%:; 2U,4<':,%?: $%;
<%::%;R
8
#/*8826/1(9#"2 *#1/I%4259#18*59#G296 #F0*6*#N7*8#<#G
5!,4b:!544%?Z"5B,Z3,%4?:E
#76#04687620*17G296 #F0*6*#N7*8##G
8:&;2"549?(<%:53,4%O$U?<:%;,4B;,54;
$U5:,*,4% 3'$,<%::4'%44% :<<"+&:%4<
%4"5:% 2% $%B%4,: $% &F% ?D ,4)2?%4"%; $?
2,<<5:2R %; ;::;,4; 5""?8&:%4< 2 B,22% %<
3:9?&:%4< ?4% 8':,5$% $';;<:%?;% $% ;54
+,;<5,:%R+;;';8:+:2%;3:<%2%4okjO,2;
$?:%4<)?,:$%2:'*,54%<2B,22%)?<$'<:?,<%R
%; :%38:<; :53,4; )?:%4< !<<?;O 2%;
"?2<?:%;!4$544'%;R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
J$425;"0$!)$=/"H
8:&;2%;::;,4;O"%)?:%4<2%;;8*452;9?,
B,4:%4< ;U,4;<22%: $4; 2% 4*?%$5"O %<
8:<,"?2,&:%3%4<&F%8:<,:$%2;%"54$%
35,<,'$?d;,&"2%RB,22%)?<25:;;<:?"<?:'%
?<5?: $% $%?D 862%; 8:,4",8?D "%4<:2,;';
"+"?4 ?<5?: $U?4% '*2,;%Q U'*2,;% ,4<[
,2,:%];<:?3$%25?:^%<2"+8%22%$%;
'4,<%4<;]*2,;%,4<[,%::%^R
R2;48)21 !" #@" 46 /"7 667)17 "78
"68)1" "1 6)721 !" /";6 4$6)0#86"
!R2;48)21I %?: 8:';%4"% )?< $';;<:%?;%
85?:2B,22%R4oknO+:2%;:<%29?,%4okj
2%; B,< !<<?; 5,<,%:;O $'",$ $% 2%;
<<9?%: 45?B%? %< $% 2%; "+;;%: $%
%8<,34,%R &F% )?< :;'%O ;%; :%38:<;
!<<?;O ; 858?2<,54 $,;8%:;'%O %< 2%; <%::%;
?<:%)5,;"?2<,B'%;$%B,4:%4<0"+&:%;R
,; 2 B,22% 4`'<,< 85,4< "54$34'%R 22%
22,<?$'!?<$?&3%;,&"2%O:%4-<:%$%;%;
"%4$:%;R
25:; 9?% +:2%3*4% $%B%4,< %38%:%?:
$`?4 B;<% %38,:%O 45<:% :'*,54 '<,<O 45?;
2`B54;$,<85?:&F%O$4;?4'<<3,;':!2%R
"6"12;=";!;#0"7)#/"
`%;< ,4;, 9?`%4 pllO $4; 2% "$:% $?
45?B%?;E;<&3%)'5$29?,;%3%<%482"%
"%<<% '859?%O ;1" &0)//" "74'12/" 6" 2)8G
!"/468!"(6/"7/"(;="G/828/)8$!"
#@"G ;B5,: 2% ";<:?3O 9?, "538:%4,< 2
8:<,% $% 2 B,22% *:5?8'% ?D 2%4<5?:; $%
2`'*2,;% ,4<[,%::% ]"<?%22% "+8%22% $%;
'4,<%4<;^ %< 2% ";<:?3 $% 2 5?: ]"<?%22%
'*2,;%,4<[,2,:%^R
%?: $%?D ),2;O ::,?; %< ED53?;O;%
8:<*%:54< 2 ;%,*4%?:,% $% &F%R 4%
;'8:<,54 9?, "54<,4?%: 8%4$4< <5?< 2%
5E%4[*% %< 0?;9?` 2 ":5,;$% $%;
2!,*%5,;R
62)7!"!"7/)'"2)7H
? &3% ;,&"2%O 2 ;%,*4%?:,% $% &F% '<,<
:<<"+'% 2 ,"53<' $% :";;544%[
'F,%:;O $,:,*'% 8: 2 8?,;;4<% )3,22% $%
:%4"B%2R ),4 $`%4 ),4,: B%" 2%; "<+:%; $?
4*?%$5"O 2%; *:$,%4; $% 2 )5, "<+52,9?%
%4"5?:*&:%4<$%;%D8'$,<,54;:3'%;"54<:%
"%; +':'<,9?%; $? ,$, 9?, 3%<<,%4< %4 8':,2
2`?4,<'$%2`*2,;%R
":5,;$%O "54$?,<% 8: 2U*2,;% %< 2%
5E?3% "54<:% 2%; +':'<,9?%; <+:%;
3:9?'*2%3%4<8:5)54$'3%4<2U+,;<5,:%$%
2B,22%QX$?#'9846*7/#X_-9*//#8WXV_#87
9
5!,4b:!544%?Z"5B,Z3,%4?:E
7#*(1#96*# /9* '98 21'*759%# 9 462'*8 "#
/S%;&59# "S("# 59* "#;*#18 /# 7#*(1#96
"20*118"#/S#17#0/#"#$?#G6/#86*8%
"# 6*7 59* 0*8 '*1 2''* *#//#0#18 / (9#66#
#1 WXX_D $?# 6#186 "%'*1*8*;#0#18 "17
/S#7 6 #//# "9 62>90# "# 61 #GK P296 #F
0*6*#N7*8#<#QG
#@";#0"7)#/"
8:%3,&:% 35,<,' $? &3% ;,&"2% )?< 85?:
&F% ?4% 8':,5$% $`'34",8<,54 %<
$`5:*4,;<,54R
"533?4?<' <:5?B% 8%? 8%? ; 82"%
2'*,<,3% $4; 2`$3,4,;<:<,54 $% 2 B,22%R :
$%;"538:53,;B%"2%;",<';B5,;,4%;O%22%),D%
$'),4,<,B%3%4<;%;2,3,<%;R
;?F%:,4%<' $% 2`'B(9?% $`*$%O ;54
85?B5,:$%;%,*4%?:$,:%"<;`%;<538%%<&F%
8%?<8%4;%:;54$%;<,4R
4; 9?`,2 ;5,< 85;;,!2% $% ),D%: 2 $<% %D"<%
$% 2%?: ":'<,54O &F% '<,< $,:,*'% "%<<%
'859?% 8: $%; "54;?2; %< ?4 "54;%,2 *'4':2
$% 2 "533?4?<'O 9?, 8:%4,%4< $%;
$'",;,54; ;5?; 2% "54<:62% $% 2`'B(9?%R %
$%:4,%:'<,<:%8:';%4<'8:?4!E2%]!,22,^O
2)5,;:'*,;;%?:O*%4<),44",%:%<"54<:62%?:R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
,; 2 <(<% $% 2 "533?4?<'O 2%; "54;?2;
)5:3,%4< ?4% B':,<!2% :,;<5":<,% ?:!,4%
88:<%44<2!5?:*%5,;,%%<;%;22,';O2%;
:<,;4;,;';R
?&3%;,&"2%O548%?<B5,:&F%%4;%::'%
$4;;%;:%38:<;OB%";%;$%?D'*2,;%;%<;%;
8%<,<%; :?%; '<:5,<%; 9?, ;'8:,%4< 2%;
3,;54;+?<%;%<%4"+%B(<:'%;R
`%? 9?, '<,< ::%O '<,< 8?,;'% ? 8?,<;
"533?4P 2%; )?3,%:; ;`354"%2,%4< $4; 2%;
)5;;';R2;05?<,%4<8%;<,2%4"%"%22%$%2`%?
0?4 <:%%<2`%4$'3,9?%;2%<'$%;:?%;R
=)" $2120)5;" 7" 21"186)8 "1 !";>
43/"7G /R'6);/8;6" "8 / 4%("G 717 128/"
200"6" "8 717 '61!7 $(1'"7I " 4268
/;)N0%0"$8)8"17200")/I
%; *:,"?2<%?:;O 2,!':'; $? ;%:B*%O <,:,%4<
2%?:;:%;;5?:"%;$%2B,*4%%<$%2`52,B,%:R
2; "?2<,B,%4< 8%? $% "':'2%;O "%22%;
4'"%;;,:%; 2`2,3%4<<,54 25"2% %<
'2%B,%4<O 454 ;4; $,)),"?2<'; ?4 "+%8<%2
8?B:%R 8("+% '<,< <5?05?:; 2 8:,4",82%
:%;;5?:"% $%; +!,<4<;O ,4;, 9?% 2 "+;;%
?D5,;%?D$`%?453!:%?D$4;2%;3:,;R
%:; 2% 3,2,%? $? ;,&"2%O &F% 4% )?< 8;
'8:*4'% 8: 2%; "23,<'; 9?, ;`!<<,%4<
25:;$4;<5?<2%:5E?3%R
*:4$% 8%;<% $% iklo )?< ;'B&:%O <5?<
"533% "%22% $% ikpk 9?, $?: 9?<5:F% 35,;
%<),<;?""53!%:<5?;2%;$52%;"%4<;$%35,4;
$% B,4*< 4;R `%)):5E!2%; $,;%<<%; ;?,B,%4<
"%;'8,$'3,%;$'B;<<:,"%;R
%;"5?:;%;$%;:5?<,%:;];52$<;%::4<;^%<2%;
:?,4%; $% 2 ?%::% $% %4< 4; ;%3&:%4<
$`?<:%; 32+%?:; $4; 2 "533?4?<'
3'F5,;%O<:&;$,3,4?'%2),4$?;,&"2%R
,;2%"23%:%B%4?22,<8%:3%<<:%2B,22%
$% 84;%: ;%; !2%;;?:%; %< $% "54<,4?%: 2?<<%:85?:;54$'B%2588%3%4<R
#@";8"047!"7';"66"7!"6"/)')21
25,*4' $? "%4<:% 8:,;,%4 $? 85?B5,:O 2%
4*?%$5"
'<,<
?4%
8:5B,4"%
8:<,"?2,&:%3%4< )%:<,2% 85?: 2 45?B%22%
:%2,*,54 8:5<%;<4<%R &; 2%; 44'%; imnh[
imnjO 2 B,52%4"% ",B,2%O 3:9?'% 8: $%;
3;;":%; 858?2,:%;O '"2< ?4 8%? 8:<5?<
$4;2:'*,54R?D<:5",<';"533,;%;8:2%;
"<+52,9?%; :'854$%4< "%22%; 8%:8'<:'%; 8:
2%;+?*?%45<;R
2*:' 2%; 8%:;'"?<,54;O 2%; 8:5<%;<4<;O 9?,
"538<%4< $4; 2%?:; :4*; $`,4)2?%4<;
8:<,;4; 8:3, 2%; *:4$; ;%,*4%?:;O
;`5:*4,;%4<%<''1"18!;8"66)1I
10
5!,4b:!544%?Z"5B,Z3,%4?:E
&F% B,< "+5,;, $% :%;<%: ),$&2% ? :5,O %<
'<,<:%;<'%"<+52,9?%R
?:4<2%;$%?D$'"%44,%;9?,;?,B,:%4<O&F%
;?!,< $`?<:%; ;;?<;O ,4;, 9?% 2%; "23,<';
9?, ""538*4%4< ,4'B,<!2%3%4< 2% 8;;*%
$%; *%4; $% *?%::% Q '8,$'3,%;O !:,*4$*%;O
:'9?,;,<,54;O ,385;,<,54;O +'!%:*%3%4< $%
<:5?8%;O:'"52<%;$'<:?,<%;RRR
2`?!% $? &3% ;,&"2%O %4:, %;< %4),4
8:B%4?,385;%:28,D$4;2%8E;R
`$,< $% 4<%; :3%4' 2% "23% $4; 2%;
8:5B,4"%;R
R"7726 !" #@" !; 61! )#/" /
$=2/;8)21
4"%$'!?<$%&3%;,&"2%O28,D:'<!2,%
8: %4:, B 8%:3%<<:% 2 :%4,;;4"%
"533?42%R /267 5;" 7R026" ;1" #6" !"
46274$6)8$G ;1" 12;="//" ';"66" "1
1';"!2 = ;1" &2)7 !" 4/;7 6"0"886" /
=)//" "1 4$6)/I 54 8; ?4% 4%?B,&3% *?%::%
$% %2,*,54O 3,; ?4% 5))%4;,B% 3%4'% $4;
2%;44'%;injh8:2`<<$%5?,;"54<:%
2 )'5$2,<' 8:5<%;<4<% $4; 2%; 8:5B,4"%; $?
?$ 5@ 2%; +?*?%45<; ;54< 453!:%?DO
*:%;;,);%<5:*4,;';R
&F%O 8,B5< $? ;E;<&3% *'4':2 $% $')%4;%
$%; :3'%; :5E2%;O $?< ;5?)):,: $% 254*?%;
44'%; 2 8:';%4"% $%; "538*4,%; $%
;52$<;R
% :%):5,$,;;%3%4< $? "2,3< 9?, ;`)),:3% "%<<% '859?% %< 2 *:4$% 8%;<% $% inkh
"54<,4?% $% $'",3%: 2 858?2<,54 9?, 4%
"538<%82?;9?%imhh+!,<4<;%4inloR
)7 #@"G "1 6)721 !" 721 4268 "8 !;
200"6" )0426818 5;) 7R? &)7)8G 1R//)8
47 86!"6 6"46"1!6" 721 61' !17 /"
!)2#7" !R'!"G %< '<!2,: ;54 $%;<,4 $% ",<'
3:"+4$%%<,4$?;<:,%22%R
9#796/#)8#9*66"G
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
=)"$2120)5;"
5?< %4 <%44< "538<% $%; ":,;%;
'"5453,9?%; *'4':2%;O 54 8%?< )),:3%: 9?%
&F% ? &3% %< &3% ;,&"2%;O "544?<
?4%B,%'"5453,9?%8:5;8&:%R
$%;<,4<,54 85:<?,:%O 9?, ;`'<,< 3:9?'%
$&; ;54 '3%:*%4"%O ; B5"<,54 $% 8'*% %<
$%<:4;,<O2$,:,*&:%4<8%?8%?B%:;2%*:4$
"533%:"%$54<2),4$?&3%;,&"2%B%::2%
"5382%<'845?,;;%3%4<R
R$2120)" !" #@" "78 !R)//";67 26!211$"
"8204/#8"I
4% *:,"?2<?:% ;?)),;4<%O 2% "533%:"%
<5?05?:;%4%D84;,54$%;B,4;%<$%;%?D$%
B,%O B,%44%4< ;`05?<%: ?D :%;;5?:"%; 25"2%;
$%28("+%R
<544%22%:,%O 2 $,;<,22%:,%O 2 !<%22%:,% B54<
$% 82?; %4 82?; !;5:!%: ?4% 3,4[$U7?B:%
25"2%O3,;%4"5:%$`,33,*:<,54R
&6)8)21 !" /R"; !" =)" $8)8 /R8)=)8$
46)1)4/"!"#@"I
%<<%,4$?;<:,%)?<8:5)54$'3%4<35$,),'%8:
2`::,B'%O 2 B%,22% $% 2 'B52?<,54O $% $%?D
%4'B5,;O 2%; ):&:%; :*4$O 9?, ,3824<&:%4<
&F%2%?:$,;<,22%:,%R
11
5!,4b:!544%?Z"5B,Z3,%4?:E
#@""8/$=2/;8)21
%ii3:;iopqO%4882,"<,54$%22%<<:%$%
"54B5"<,54 $%; <<; '4':?DO mq +!,<4<;
"538:,; ;?: 2% :62% $%; ,385;,<,54; ;%
:'?4,:%4< 2`8:&;[3,$, 85?: B5<%: 2% "+,%: $%
$52'4"%;%<'2,:%2%?:;9?<:%:%8:';%4<4<;
2`;;%3!2'% $% 2 '4'"+?;;'%R % )?< 2%
8:%3,%: "<% $% 2 'B52?<,54R , 2`54
"54;,$&:%2%8%<,<453!:%$`+!,<4<;9?,B,<
:'854$?"%<<%"54B5"<,54O8%,4%ipvO54
8%?< )),:3%: 9?% "%2 4`B,< 8; 8;;,544'
2%;3;;%;R
7)8;8)21 72)/" $8)8 /267 7) 8"1!;" #@" 5;" / 46)7" !" / 78)//" 477
204/#8"0"18 )14"6 ;"I 4 ;% 8:'5""?8,<
!%?"5?8 82?; $% 2`'2%"<,54 $? ;%"54$ "54;?2
9?% $%; <:B?D $% 2`;;%3!2'% <,542%R
,;2%jl04B,%:ioqh'<,%4<::,B';&F%
2%;$'":%<;:%2<,);?D45?B%22%;3?4,",82,<';R
`%;<,4;,9?%2%im)'B:,%:O2%45?B%?"522&*%
'2%"<5:2 "5385;' $% ",<5E%4; "<,); '2,< ?4
3,:%O ?4 $05,4<O %< ?4 54;%,2 3?4,",82R %
"54;?2<B,<B'"?R
%; '2%"<,54; 3:9?,%4< 2 2,*4% 852,<,9?% $%
2B,22%O2,*4%9?`%22%22,<;?,B:%8%4$4<<5?<%
2'B52?<,54O"%22%$`?4"54;%:B<,;3%'"2,:'
22?:%<:&;35$':'%R
6 #@" &;8 "8 6"78 ;1" =)//" 2;6'"2)7"I
5?<%;54'B52?<,54O<5?<;54%))5:<O<%4$,:%4<
454 ;%?2%3%4< 2`"9?,;,<,54 $% :,"+%;;%;O
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
3,; 2 8:,;% $? 85?B5,: 8: ?4% 52,*:"+,%
<,:4< <,<:% 454 $% ; 45!2%;;% 5? $% ;54
4",%44%<'O3,;$%;)5:<?4%R
, 2`54 8:,; "5?<?3% $% 3:9?%: 2
'B52?<,54"533%?4<%:3%%<;,2"+5;%%;<
B:,%%4*'4':2O2B,%O82?;)5:<%9?%<5?;2%;
;E;<&3%; +,;<5:,9?%; ;`%;< "54<,4?'%O 8:%,22%
%<;%2542%;3(3%;,38':<,);R
2*:' 2%; )2?"<?<,54; 852,<,9?%; %< 2%;
"+4*%3%4<; $% :'*,3%O &F% $%3%?:%:
3-<:%;;% $% ;54 $%;<,4 85?: $%B%4,: ?
&3% ;,&"2% ?4% $%; 82"%; ,385:<4<%; $?
"533%:"%24*?%$5",%4R
#@";#0"H"7)#/"!"/8211"//"6)"
;>26)')1"7!"/R'"!R26
% &3% ;,&"2% B,< '<' 85?: &F% 82?;
9?`?4% ?!,4%O ?4% !'4'$,"<,54O ,4;<?:4<
$% 45?B%22%; !;%; 85?: 2% <,;;? '"5453,9?%
3'F5,;?&3%R
?:4< "%<<% '859?% );<% 5@ 2%; $,B,4,<'; $%
2B,*4%;%3!2&:%4<;%8%4"+%:;?:2%;:,B%;$%
2`'<4* $% +?O #@" !$="/244 862)7
7"8";67 !" 721 $2120)" 5;) /;) 77;6#6"18
;1" 6"1200$" 6?21118 -;75;R "67)//"7
0%0"I
4 ioihO 2% B,*45!2% 25"2 ,::'3'$,!2%3%4<
%4$533*' %;< :%"54;<,<?' 8: $%; "'8*%;
$% ,":$4< %< $% ?;"< $54< 2%;
8:5$?"<,54; "9?,&:%4< ?4% :'8?<<,54
$'8;;4<2%;):54<,&:%;R
;%"54$%"<,B,<'9?,),;,<2:%4533'%$%
2 B,22% '<,< 2`'2!5:<,54 $`?4 3%< 88%2' 2
a;;%:,22%aR 8;;%:,22% "54;,;<,< ),:%
3"':%: 0?;9?` 9?%; $? :,;,4 ;%" $4; $%
2;?3?:%R%:,;,4),*?:,<"533%$%;;%:<
2<!2%$?:5,9?,2B,22%%4),;,<"$%?R
R8)=)8$ =)8)2/" 0$@2)7" $8)8 ;1" =$6)8/"
72;6" !" 462&)87 !" 468 / =6)$8$ "8 /
5;/)8$ !"7 $4'"7 ;/8)=$7I 5?:<4<O 2
B,<,"?2<?:% 4`'<,< 8; 2 8:,4",82% "<,B,<' $%
2 "533?4% 4, 3(3% ; 8:,4",82% ;5?:"% $%
:%B%4?R
%; $,;<,22%:,%; 25"2%;O +':,<,&:%; $% 2`7?B:%
$%; ):&:%; :*4$O )?:%4< 2% B':,<!2% 35<%?:
$% 2 B,% '"5453,9?% 3'F5,;% ? &3%
;,&"2%O2%8%<,<85:<$%B%44<2%85:<$%<:4;,<
$%<5?;2%;$,5"&;%;B5,;,4;O$:,44<?4<:),"
$%B,4;%<$`2"552;<:&;,385:<4<R
2;8"7 "7 462!;8)217G 2;86" /" &)8 5;R"//"7
$8)"18 )77;"7 !" / =)'1"G =)"18 200"
42)18 200;1 !R%86" !"78)1$"7 ;1"
/)"18#/" 18)21/" "8 )18"618)21/" 4/;7
5;R;>06($7=2)7)17I
12
5!,4b:!544%?Z"5B,Z3,%4?:E
`%;< $54" $4; 2% "533%:"% $% "%;
8:5$?"<,54;*:4$%'"+%22%9?`,2)?<<:5?B%:
2%; :,;54; $% 2`,3824<<,54 %< $?
$'B%2588%3%4<$%2<544%22%:,%&F%R
"6#'1"!"/&;8)//"
? &3% ;,&"2%O 2 B,*4% :E544% ;?: 2
82,4% $% 2`':?2< P $`5@ 2 4'"%;;,<' $%
;<5"1%: %< $`%D85:<%:O ": 2% 4'*5"% %;<
8:5;8&:%$4;?43:"+')25:,;;4<R
<:5,<%3%4< 2,'% 2 B,*4%O ?4% B':,<!2%
,4$?;<:,% ;% ":'%% B%" 2 "54)%"<,54 ? ;%,4
$%2B,22%$%<544%?DO)5?$:%;%<)?<,22%;%4
<5?< *%4:% ?;;, !,%4 85?: 2% 3:"+' 25"2O
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
9?%85?:2:4"%%4<,&:%%<2`'<:4*%:R
%4%;54<8;35,4;$%<:5,;"%4<;<544%2,%:;
:'8:<,;%4?4%B,4*<,4%$`'<!2,;;%3%4<;9?,O
$% 2`?!% ? "5?"+%: $? ;52%,2O )!:,9?%4<O
0?;<%4<O $4; ?4 B":3% ;;5?:$,;;4<O
!5:$%2,;%;O"5"5<,&:%;O$%3,[3?,$;RRR
" !?10)70" !" " 7"8";6 ">4/)5;"
/R;'0"188)21 !" / 424;/8)21 0$@2)7" 5;)
88")18^WWW()8187"1X_]^I
'*5",4<;%4B,4;O"5?:<,%:;O3-<:%;$%"+,;O
$,;<,22<%?:;O "+::54;O <:4;85:<%?:; %< $%;
"%4<,4%; $% 8%<,<; 3'<,%:; 88:,;;%4< $4;
"%45?B%22$5:$5R
"78)=)8$786!)8)211"//"7
;,<?<,54 $% &F% %4<:% 2 :,"+% B22'% $%
2`':?2< %< 2% 85:< $% &<%O ;?: 2% "42 $?
,$,O 2:*%3%4< )B5:,;' 2% $'B%2588%3%4<
%<2%<:),"$%;5485:<R
)7 38$ !; 2;)//211"0"18 !" 7"7
12;="//"7
)1!;786)"7G
/"7
8)=)8$7
86!)8)211"//"7 218)1;"18 12;66)6 21
1206"!"&0)//"7I
;<% '<%4$?% $`%? %4<:% 2 3%:
'$,<%::4'% %< 2%; <%::%;O 2`'<4* $% +?O
<:&; 8:5$?"<,) %4 85,;;54;O "59?,22*%; %<
":?;<"';O )B5:,;% ?4% "<,B,<' +?3,4%
,4<%4;%%<2858?2<,54$%8("+%?:;:%;<%?4%
"5385;4<% %;;%4<,%22% $% 2 $'35*:8+,%
3'F5,;%R
13
5!,4b:!544%?Z"5B,Z3,%4?:E
4; 2 ;%"54$% 35,<,' $? &3% ;,&"2%O 2
852,<,9?% )%::5B,,:% ,4?*?:'% 8: 5?,;[
+,2,88%%4**%2:'*,54$4;?4%B5,%9?`%22%
4` 82?; 9?,<<'% $%8?,; Q "%22% $% 2
3545"?2<?:%
B,<,"52%R
%<<%
"<,B,<'
+:;;4<%O$%29?%22%$'8%4$2`,4$?;<:,%%<2%
"533%:"%O:%;<%23%:",$%;,4<%38':,%;%<
8%?< (<:% ;5?:"% $% 8:5;8':,<' "533% $%
3,;&:%R
4 iponO 2% 8+E225D': $'B;<% 2 8:%;9?%
<5<2,<'$?B,*45!2%R8:&;?4%2?<<%$%82?;$%
jh 4;O ,2 ;%: :%"54;<,<?' 8: $%; 824<;
3':,",4; *: "% ?D ,385:<4<; "8,<?D
""?3?2'; 8%4$4< 2 8:5;8':,<'R 8:&; 2
":,;%O2B,<,"?2<?:%4%;%:82?;?40:$,4*%$%
8E;4; 2!5:,%?DO 3,; ?4% 3545"?2<?:%
,4$?;<:,%22% %D,*%4< $%; ;5,4; "54<,4?%2; %<
?4%3,4[$U7?B:%!54$4<%R
#@"(1'"!"=)7'"PX`WWNX`[\Q
%B%4?%B,22%$%"533%:"%O*: "%$%;"<,);
8:'"?:;%?:;O &F% :E544% 8%4$4< 82?;,%?:;
$'"%44,%;;?:2%;:,B%;$%2`'<4*$%+?R
4 ippmO 54 <:B,22% $4; 2%; <%2,%:; $%
<544%22%:,% 82?; $% im 3,22,54; $% $5?%22%; $%
"+(4%; $% ?;;,%R ?,; 2`;8+ED,% B,%4$: %<
B%"%22%2$'"$%4"%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
:'B52?<,54 '"5453,9?% 9?, 3:9?' ?
&3% ;,&"2% 2% "533%:"% $%; B,4; 2?, ),<
8%? 8%? !4$544%: ; <:$,<,544%22%
$%;<,4'%%<,2)22?85?:9?`%22%"544,;;%?4%
8:5;8':,<' 45?B%22%O :%B%4,: ?4% ,4$?;<:,%
B,%,22%$%82?;$%B,4*<;,&"2%;O%<:%),:%;?:2%
;;,4 $% +? 2%; 8:"; +?-<:%;O 9?% $%
25,4<,4;4"(<:%;EB,%4<'2%B'%;R
X`W^H/6$=2/8"!"7=)'1"6217
1 " !$;8 !" #0" 7)#/" / 7)8;8)21
=)8)2/""7877"@46$2;418"I
&; iqhh "%:<,4; ,4$,"%; 2,;;%4< 8%4;%: 9?%
2`54 ;`5:,%4<% B%:; ?4% ":,;% *:B% $%
;?:8:5$?"<,54R B,<,"?2<?:% ;5:< $% 2
"<;<:58+% $? 8+E225D': 9?, B,< $'<:?,< 2
8:%;9?% <5<2,<' $? B,*45!2% %4<:% ipon %<
ipqmR &F%O 2 :'"52<% 9?, '<,< $% jnh hhh
+%"<52,<:%;%4ipom<53!%:khhh%4ipphR
4 ipop ?"?4% :'"52<% $% B,4 4`%;<
%4:%*,;<:'%O 2 B,*4% '<' %4<,&:%3%4<
$'<:?,<%R`%;<25:;9?`?4%8:$%%;<<:5?B'%
"% <%::,!2% )2'? Q 2 :%824<<,54 %4 B,*4%;
3':,",4%; *:%))'%; B%" $%; "'8*%;
):4#,;R
8:<,: $% ipqhO 2% B,*45!2% %;< 8%? 8%?
:%"54;<,<?' %< 2 8:5$?"<,54 B,4,"52%
:%$'3::%R,;2%;+!,<?$%;8:,;%;8%4$4<
2 8':,5$% $% 8'4?:,% ],385:<<,54 $% B,4;
$`;8*4%O $`2*':,%O $% :&"%O )!:,"<,54 $%
B,4;$,<;$%a)4<,;,%a!;%$%:,;,4;;%";
,385:<'; $% :&"%O $`%?O $% ;?":%O $% !,%;
$%;?:%?85?:2"5?2%?:RRR^"54<,4?%4<;'B,:
%<3%<<%4<;?:2%3:"+'$%;9?4<,<';$%B,4;
<:&; ,385:<4<%; 9?, ;`05?<%4< 2
;?:8:5$?"<,54:'*,542%R
R"&&21!6"0"18 !"7 46)> 462=25;" / 2/#6"
!"7 =)'1"6217 5;) 1R66)="18 47 $2;/"6
/";676$2/8"7I6)7"88")18721462>?70"
"1X`W^I
"!$/)1!"/8211"//"6)"
`%4<:%[$%?D *?%::%; $'!?<% 85?: &F% $4;
$`%D"%22%4<%; "54$,<,54; %< 2`"<,B,<' 85:<?,:%
:%;<%8:5;8&:%R&;iqjh2%;4B,:%;B8%?:
:%382"%4<23:,4%B5,2%3,;2%3'<,%:$%
4'*5",4<%4B,4"54<,4?%;`%D%:"%:$4;2%;
3(3%;"54$,<,54;R
,; 2 <544%22%:,%O )2%?:54 $% 2`,4$?;<:,%
3'F5,;%O %;< $'0 "54$34'%R "% 2
"54"?::%4"% $%; )?<,22%; $% 25"<,54 9?,
"544,;;%4< 25:; ?4 %;;5: "54;,$':!2%O 2
35$%:4,;<,54 5!2,*'% $% ;%; 5?<,2; $%
8:5$?"<,54; %< ?D <D%; ;?882'3%4<,:%; 9?,
:%4"+':,;;%4<2%8:,D$%2)?<,22%2;5:<,%$?
<%::,<5,:%O2<544%22%:,%%;;E%$';%;8':'3%4<
$% "538%4;%: "%<<% ,4'B,<!2% 8%:<% $%
14
5!,4b:!544%?Z"5B,Z3,%4?:E
"538'<,<,B,<' )"% 2 a!:,",22%a '<:4*&:%
9?,%4B+,<2%3:"+'4<,542R
#@"4"1!18/R;48)21
25:;9?%2`,4$?;<:,%%<2%"533%:"%25"20%<<%
;%;$%:4,%:;)%?DO2:4"%$'"2:%2*?%::%
2`22%3*4%4F,%2%k;%8<%3!:%iqkqR
? $'!?< $% iqlhO 2%; 22%34$; 8;;%4< 2`5))%4;,B%R %B4< 2 85?;;'% $%; :3'%;
*%:34,9?%;O $%; 3,22,%:; $% ",B,2; %2*%;O
5224$,; %< :4#,; ;% :%82,%4< B%:; 2% ?$R
`%;< ,4;, 9?`? 35,; $% 3, iqlh 82?;,%?:;
"%4<,4%; $% %2*%; 2254; ::,B%4< &F%
5@ ,2; ;%:54< :%"?%,22,; %< 25*'; *:<?,<%3%4<
8:2858?2<,54R
2;?,<%$?$'!:9?%3%4<22,'%4):,9?%$?
5:$O 2%; 22%34$; %4<:%4< %4 F54% 2,!:% %4
45B%3!:%iqljR&F%%;<5""?8'%R
4 iqlkO 2` 22%3*4% ,4;<?:% 2% %:B,"% $?
:B,2 !2,*<5,:% %< $%34$% ?
*5?B%:4%3%4< $% ,"+E $`%4B5E%: om hhh
):4#,; <:B,22%: $4; 2%; ?;,4%; 22%34$%;R
4 "%:<,4 453!:% $% 'F5,; 8:<%4< $54"
?<:%[+,4R <5<2,<' $%; ,33%?!2%; ;,<?';
;?: 2% 85:< %;< :'9?,;,<,544'%O 2%; :%;<:,"<,54;
;54< ;'B&:%;O 2%; B,*4%; ;54< 3,4'%; 8:
":,4<%$`?4$'!:9?%3%4<22,'RB,22%B,<?
:2%4<,R%jl5A<iqll2%"53,<'$%2,!':<,54
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
8:';,$' 8: %4:, %;;&$% 5""?8% 2 3,:,%R
&F% :%<:5?B% %4),4 2 2,!%:<' 3,; ;%;
"<,B,<';'"5453,9?%;;54<:'$?,<%;4'4<%<
2%; :%;<:,"<,54; B54< $?:%: %4"5:% 82?;,%?:;
44'%;R
%;44'%;$`8:&;[*?%::%B5,%4<2$,;8:,<,54
$%; ,4$?;<:,%; 9?, B,%4< 8%:3,; &F% $%
:E544%: $%8?,; ?4 ;,&"2% $4; 2% "533%:"%
$%; B,4; %< $%; %?D $% B,%R %B4< ?4% <%22%
$'*:$<,54 $% 2 ;,<?<,54 '"5453,9?%O
2`%D5$%$%2858?2<,54"54<,4?%R%82?;$%n
hhh +!,<4<; %4 iqhiO 54 <53!% l hhh
+!,<4<;%4iqlnR
,; 2 B,22% 4% <:$%: 8; :%<:5?B%: ?4
;%"54$;5?))2%9?,2?,B,%4$:O%4"5:%?4%)5,;O
$%;:,"+%;%?D$?;;,4$%+?R
&)1!R;1"$425;"
2 ),4 $%; 44'%; lhO 2% 85:< $% &F%O +,%:
%4"5:%;,!5?,225444<O;,!:?E4<%<;,)),:'O
%;<?485:<9?,*54,;%R
%; ,4$?;<:,%;O 2% "533%:"% $? B,4 %< 2
<544%22%:,% 9?, B,%4< ),< "544-<:% ? "+%)[
2,%? $% 45<:% "4<54 ?4% B':,<!2% ":5,;;4"%
?:!,4%O $'"2,4%4<O B,"<,3%; $? 8:5*:&; %<O
;?:<5?<O $% 2 "54"?::%4"% $? *:4$ 85:<
B5,;,4O 5@ ;54< $';5:3,; ,4;<22'; 2%; *:4$;
4'*5",4<; %< 2%; :3<%?:;R 5?:<4< $%;
85;;,!,2,<'; $% :%"54B%:;,54 ;`5)):%4< ?D
+!,<4<;R `%D825,<<,54 $% 2 !?D,<% $%
,22%B%E:" %< $% 5?8,4 ;`%;< ,4<%4;,),'%R %
3,4%:, %;< %D8'$,' 8: 2% 85:< $% &F%R %
<:),":%382"%B4<*%?;%3%4<"%2?,$?B,4R
% $'B%2588%3%4< $% 2`'2%B*% $%; +?-<:%; %<
$%;35?2%;)5?:4,<$?<:B,2!54453!:%$%
'F5,;R
1&)1G /R)1!;786)/)78)21 !" / 468)" 126! !"
/R81'G !" /6; #8"G 7" !$="/244" "8
2&&6"!"74277))/)8$7!"86=)/;>()8187
!"#@"I
< 32*:' 2%; B<:; $% 2 B,<,"?2<?:%O "%;
45?B%22%; 85;;,!,2,<'; ;%3!2%4< ),D%: 2
858?2<,54 $? "4<54 %4<:% 2%; $%?D *?%::%;
354$,2%;R
1"()782)6"/)$";77)1!"(;
U%;< 2% $'B%2588%3%4< 8:5*:%;;,) $% 2
"54"+E2,"?2<?:% %< $? <5?:,;3% ,4;, 9?% 2%
3,4<,%4 $% 2U*:,"?2<?:% 9?, 54< 8%:3,; &F% $% 3,4<%4,: ?4% "<,B,<' $?:4< 2
;%"54$% 35,<,' $? d ;,&"2%R ":'<,54 2
),4 $%; 44'%; ph $% 2U"5;,<% ?<5?: $% 2
;<<,54 $% 2*?4*% 5)):% 2 85;;,!,2,<' $%
$'B%2588%: $%; "<,B,<'; 45?B%22%; 2,'%; 2U%4B,:544%3%4<R
%<<%
),2,&:%
:%;<%
?05?:$U+?,O ?4% 8,;<% $UB%4,:R 4% 45?B%22%
)5,;O2B,22%2,%;54$%B%4,:"%2?,$%2U'<4*S
15
5!,4b:!544%?Z"5B,Z3,%4?:E
('-0- &#'#,-+-# -
#'-+(&&.'%
&F%%;<2B,22%["%4<:%$%2533?4?<'$%
533?4%; 5:$ $? ;;,4 $% +? ]^O
9?, :%*:5?8% 82?; $% jmhhh +!,<4<; %< 9?,
"5385:<% 2%; n "533?4%; $% 5?F,*?%;O
5?8,4O &F%O 54<!F,4O 5?;;4 %<
,22%B%E:"85?:?4%;?8%:),",%$%inhmn+R
22% :%382"% $%8?,; 2% ji $'"%3!:% jhhh
2U4",%4 E4$,"< 4<%:"533?42 5:$ $?
;;,4 $% +?O $54< 2%; 3,;;,54; ,4,<,2%;
'<,%4< $% *':%: 2%; "522%"<%; $U5:$?:%;
3'4*&:%;R 22%; B,%4< '<' '<%4$?%; 2U3'4*%3%4<%<2U?:!4,;3%%4iqplR
4 jhhjO 2 "533?4% $% ,*%4 9?,<<% 2
85?: :%05,4$:% 2U**253':<,54 B5,;,4%
"54;<,<?'%?<5?:$%&<%%<$%:54<,*44R
4 "+:*% $% 2U3'4*%3%4< $% 2U%;8"%
"533?4?<,:% %< $? $'B%2588%3%4<
'"5453,9?%O 2 "533?4?<' 3%< %4 82"%
2U*%4"% 4<%:"533?42% $U3'4*%3%4< %<
$U:!4,;3% 9?, 8:%4$ %4 "+:*% ;?:
2U%4;%3!2% $? <%::,<5,:% 2 "538'<%4"%
0?:,$,9?% %< <%"+4,9?% %4 3<,&:%
$U3'4*%3%4<%<$U?:!4,;3%R
PLU
533?4?<'$%"533?4%;
533?4?<'$U**253':<,54
,22%$%\':?2<\U
22'%$%2U':?2<
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
klkqq+!
ljkplj+!
533?4?<'$U**253':<,54
':?2<['$,<%::4'%
nqpnq+!
,22%B%E:"
jqop+!
54<!F,4
jqij+!
5?;;4
lppi+!
5?8,4
jhpq+!
5?F,*?%;
imom+!
&F%
iholq+!
533?4?<'$U**253':<,54
&<%[;;,4$%+?
qmiqn+!
jmqmj
%; F54%; $U,4<':(<; '"5453,9?%; 5?
<5?:,;<,9?%;O 2 8:535<,54 $%; "<,B,<'; $%
2U,4<%:"533?42,<' ;54< '*2%3%4< $4; 2%
$53,4%$%"538'<%4"%$%2R
16
5!,4b:!544%?Z"5B,Z3,%4?:E
B 82?; 25,4 %;< $'B%2588%
'*2%3%4<?4%852,<,9?%$%25*%3%4<;5",2%<
$%
$'B%2588%3%4<
$%;
"<,B,<';
%4B,:544%3%4<2%;O 45<33%4< 8: 2
":'<,54$%2U"5;,<%;?:2"533?4%$%&F%R
200;1"
5?F,*?%;
5?8,4
&F%
54<!F,4
5?;;4
,22%B%E:"
5<2
;4"6&))"
jok+
jkqn+
lmmq+
jiik+
khhh+
koim+
inhmn+
24;/8)2117""YWW`
imom
jhpq
iholq
jqij
lppi
jqop
jmipl
296 #XVV_
2%;<"54;<,<?'$%;"533?4%;88:<%44<?
"4<54 $% &F% %D"%8<' 2 "533?4% $%
5?;;4R2%;<8:,22%?:;,;;?$%23?<<,54
$% ;52,$:,<'; <%::,<5:,2%; 8:'%D,;<4<%;
$%8?,; 2% 3,2,%? $%; 44'%; ohR 5?<
"533%4"% 8: 2 ":'<,54 $? E4$,"<
4<%:"533?42 $% "522%"<% %< $% <:,<%3%4<
$%; 5:$?:%; 3'4*&:%; $? 5:$ $? ;;,4 $%
+?R % $%:4,%: B "544-<:% ?4% 'B52?<,54
"54<,4?%0?;9?U?$'!?<$%;44'%;jhhhR
?,<% 2 25, $% :%4)5:"%3%4< %< $%
;,382,),"<,54
$%
2
"558':<,54
,4<%:"533?42% $? ij 0?,22%< iqqqO %<
"54)5:<'; 8: 2% !54 )54"<,544%3%4< $?
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
O 2%; '2?; $? "+5,;,;;%4< ?4%
45?B%22%;<:?"<?:%,4<%:"533?42%R
U%;< ,4;, 9?% 2% ji $'"%3!:% jhhh 2% ;%<:4;)5:3%%4533?4?<'$%533?4%;
$? 5:$ $? ;;,4 $% +?O %< "54<,4?%
2U,4<'*:2,<' $%; 3,;;,54; $? %4 E
05?<4<$U?<:%;"538'<%4"%;O45<33%4<2%
$'B%2588%3%4<'"5453,9?%R
% 34,&:% *'4':2%O ?4% 533?4?<' $%
533?4%; %;< ?4 :%*:5?84< 82?;,%?:;
"533?4%;O!J;1 7";/ 8"118 "8 717 "1/="I
45<,54 $% "54<,4?,<' <%::,<5:,2%O 9?, '<'
,4<:5$?,<% 8: 2 25, $% iqqqO 4U%;< 8; %D,*'%
85?:2%;"533?4?<';$%"533?4%;%D,;<4<
2$<%$%8?!2,"<,54$%225,O5?,;;?%;$%
2 <:4;)5:3<,54 $U?4 $,;<:,"< %4
"533?4?<'$%B,22%;R
22% %;< ":''% ;5,< ;4; ),D<,54 $% <%:3%O ;5,<
85?: ?4% $?:'% $'<%:3,4'% $4; 2 $'",;,54
,4;<,<?<,B%R 533?4?<' $% 533?4%; 85?: 5!0%< $U K772)"6 !"7 200;1"7 ;
7")1 !J;1 "74" !" 72/)!6)8$G "1 =;" !"
/J$/268)21 !J;1 462-"8 200;1 !"
!$="/244"0"18 "8 !J0$1'"0"18 !"
/J"74"LI
533?4?<' $% 533?4%; $,;85;% $%
"538'<%4"%; 5!2,*<5,:%; %< $% "538'<%4"%;
58<,544%22%;R
" 8)86"G / ">"6" /"7 204$8"1"7
7;)=18"7H
e
XI 0$1'"0"18
!"
/R"74"
200;1;8)6"
I O3'4*%3%4<:?:2O
• 2!5:<,54$%;"+'3;$%;%"<%?:;%<
$% "538'<%4"% %D%:"'% %4
<5<2,<'8:2"533?4?<'R
• 3'4*%3%4<:?:2
4<':(<"533?4?<,:%Q
5 :'<,54O 3'4*%3%4<O
!2,;*% %< %4<:%<,%4 $%; ;%4<,%:;
8,'<54;O 8:"5?:; 9?, "54"%:4%4<
?35,4;$%?D"533?4%;
5 5?<,%4 2 ":'<,54 $% *-<%;
:?:?D
• 54%; $`3'4*%3%4< "54"%:<'
$`,4<':(<"533?4?<,:%
4<':(<"533?4?<,:%Q
5 54%; ;,<?'%; ;?: 2% <%::,<5,:%
$%$%?D"533?4%;?35,4;
5 54%; ;,<?'%; ;?: 2% <%::,<5,:%
$`?4% ;%?2% "533?4% $`?4%
$,3%4;,54$%w$%j+%"<:%;
17
5!,4b:!544%?Z"5B,Z3,%4?:E
554%;;,<?'%;%4!5:$?:%$%2
iikO$%2`q5?$?<:"'
O5?$%
22,,;54qom
!R ,;% %4 82"% $`?4% *%4"%
,4<%:"533?42% $`?:!4,;3% "+:*'%
$`885:<%: ?4% ;;,;<4"% <%"+4,9?%
%<0?:,$,9?%%43<,&:%$`?:!4,;3%%<
$%<:B?D$%B5,%;%<:';%?DR
204%8#1 # #=#6 %# #1 828/*8% 46 /
2009198%
YI $="/244"0"18$2120)5;"
R 3'4*%3%4<O%4<:%<,%4%<*%;<,54$%
F54%;
$`"<,B,<'
,4$?;<:,%22%O
"533%:",2%O <%:<,,:%O :<,;42% 5?
<5?:,;<,9?% 9?, ;54< $`,4<':(<
"533?4?<,:% ,4;, 9?% $%; "<,54;
$%$'B%2588%3%4<'"5453,9?%
4<':(<"533?4?<,:%Q
• 54%;;,<?'%;;?:2%<%::,<5,:%$%$%?D
"533?4%;?35,4;R
• 54%; ;,<?'%; ;?: 2% <%::,<5,:% $`?4%
;%?2%"533?4%$`?4%$,3%4;,54$%w
$%i+%"<:%R
• 54%; ;,<?'%; %4 !5:$?:% $% 2 iikO$%2`q5?$?<:"'
O5?$%2
2,,;54qomR
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
!R "<,54;
$%
$'B%2588%3%4<
'"5453,9?% %< <5?:,;<,9?% $`,4<':(<
"533?4?<,:%R
"<:5, $`,$%; $,:%"<%; 5? ,4$,:%"<%;
?D %4<:%8:,;%; ,3824<'%; $4; 2%;
,4<%:"533?4?<,:%;R
204%8#1 # #=#6 %# #1 828/*8% 46 /
2009198%
"R ,;%%482"%$`5?<,2;$%8:535<,54%<
$`,3824<<,54
$`%4<:%8:,;%;O
:'2,;<,54 $`'9?,8%3%4<; <%2; 9?%
8'8,4,&:% $`%4<:%8:,;% 5? 3,;54
$`%4<:%8:,;%
204%8#1 # #=#6 %# #1 828/*8% 46 /
2009198%
$R "<,54 %4 )B%?: $%; "<,B,<';
'"5453,9?%; 2,'%; 2`*:,"?2<?:% 5? 2`'2%B*%
204%8#1 # #=#6 %# #1 828/*8% 46 /
2009198%G
%R "<,54; $%;<,4'%; $'B%2588%: 2%
<5?:,;3% ]"538'<%4"% %D%:"'% %4
<5<2,<'8:2"533?4?<'^Q
• :<%4:,< B%" 2%; 5)),"%; $%
<5?:,;3%5?2%8E;R
• :'<,54
$%
85,4<;
$`,4)5:3<,54%<$`4,3<,54R
•
:'<,54 $`?4 5)),"% $%
<5?:,;3%"533?4?<,:%R
•
,$% ? :%4)5:"%3%4< $%;
"<,B,<';%D,;<4<%;R
e
XI 628"8)21 "8 0)7" "1 =/";6 !"
/R"1=)6211"0"18G/"7$($18!17
/"!6"!"7($07!$468"0"18;>G
"872;8)"1;>8)217!"0*86)7"!"
/!"01!"!R$1"6')"I
R 4<:%<,%4$%;:?,;;%?DO$%;:,B,&:%;%<
$%; :,B%; $% 2`'<4* $% +?O
8:5<%"<,54$?!;;,4B%:;4<R
204%8#1 # #=#6 %# #1 828/*8% 46 /
2009198%G
!R 522%"<%O <:,<%3%4< %< B25:,;<,54
$%; $'"+%<; 3'4*%:; %< ;;,3,2'; %<
$%; $'"+%<; 8:5)%;;,544%2;O *:,"52%;
%< "54"+E2,"52%; 2`%D"2?;,54 $%;
$'"+%<;,4$?;<:,%2;
204%8#1 # #=#6 %# #1 828/*8% 46 /
2009198%G
"R 5?<,%4 ?D "<,54; $% 3-<:,;% $% 2
$%34$%$`'4%:*,%
204%8#1 # #=#6 %# #1 828/*8% 46 /
2009198%G
18
5!,4b:!544%?Z"5B,Z3,%4?:E
YI
ZI
R
!R
"R
77)1)77"0"18
204%8#1 # #=#6 %# #1 828/*8% 46 /
2009198%
2/)8)5;"!;/2'"0"1872)/
52,<,9?%$?25*%3%4<;5",2Q,;%%4
7?B:% $` 85?: 2% "538<% $%;
"533?4%; 3%3!:%;O $`58':<,54;
X"+:3%;YO $`58':<,54 X,;"YO
%;<+'<,9?%$%)#$%;R
4<':(<"533?4?<,:%Q
5?<%; 58':<,54; ;,<?'%; ;?: 2%
<%::,<5,:%$`?35,4;j"533?4%;
:'<,54O 3'4*%3%4< %< %4<:%<,%4
$%;%;8"%;B%:<;"533?4?<,:%;
4<':(<"533?4?<,:%Q
;8"%; %D,;<4<; 5? ":'%: $4; 2%;
5? "533?4?<,:%;O %< ;?:
2`%38:,;%$%<5?<%;2%;,4;<22<,54;$%
2
,*42,;<,54%<8:58:%<'$%2B5,:,%
4<':(<"533?4?<,:%Q
• +%3,4; $`""&; ?D 3;
"54"+E2,"52%;
• 5?<%;
$`""&;
?D
,4;<22<,54; $`'2,3,4<,54 $%;
$'"+%<; 5? $% <:,<%3%4< $%;
%))2?%4<; $% 2 "533?4?<'
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
•
$% "533?4%; $? 45:$ $?
!;;,4$%+?
%,4<?:% ? ;52 ;?: 2%; B5,:,%;
"533?42%; %4 3<,&:% $%
;'"?:,<'
[I 6$8)21G 0$1'"0"18 "8 "186"8)"1
!"/=2)6)"!R)18$6%8200;1;8)6"
4<':(<"533?4?<,:%Q
• +%3,4; $`""&; ?D 3;
"54"+E2,"52%;
• 5?<%;
$`""&;
?D
,4;<22<,54; $`'2,3,4<,54 $%;
$'"+%<; 5? $% <:,<%3%4< $%;
%))2?%4<; $% 2 "533?4?<'
$% "533?4%; $? 45:$ $?
!;;,4$%+?R
•
•
•
•
y
%; "538'<%4"%; ",[8:&; 4%
4'"%;;,<%4< 8; $% $'),4,<,54 $%
2`,4<':(< "533?4?<,:%O %22%; ;54<
%D%:"'%; %4 <5<2,<' 8: 2
"533?4?<'R
48;6" !"7 1)0;> "66187 "8
6$8)21!R;1"&2;66)#6"1)0/"
)'1278)7"8&2;)//"76($2/2')5;"7
46$="18)="7
6($2/2')" "8 217"6=8)21 !;
486)02)1"I
4<':(<"533?4?<,:%Q
:4;)%:< %< *%;<,54 $% 2 B,22 *225[
:53,4%5?8,4
:4;)%:< %< *%;<,54 $? 3?;'% $%
2`'<4*$%+?5?F,*?%;
21" !" $="/244"0"18 !" /R2/)"1
PQ
19
5!,4b:!544%?Z"5B,Z3,%4?:E
H
2?;2:*%3%4<O2;U%;<)'$':'%B%"2
533?4?<' $U**253':<,54 $? ;;,4 $%
+?]^85?:)5:3%:2%E4$,"<,D<%$?
;;,4 $% +? ]^R % !?< $% "%
:%*:5?8%3%4< %;< $% 3%4%: $%; "<,54;
58<,3,;'%; $4; 2 8:5<%"<,54 $%; :%;;5?:"%;
4<?:%22%; %< $% 2 2*?4% $? !;;,4 $% +?O
$% $'B%2588%: 2U'"5453,% 2*?4,:% 2,'% 2
"54"+E2,"?2<?:% %< $% "54;<,<?%: 2% "+'3 $%
5+':%4"% %::,<5:,2%; ]5^ $? ;;,4 $%
+?R
% $? 5 '<' $58<' ? 8:%3,%:
<:,3%;<:% jhihO %< 2 ),42,;<,54 $% 2U'<?$%
8: 2 3,;% %4 7?B:% $%; 5"?3%4<;
$U:,%4<<,54;
'4':2%;%<$?B52%<3:,<,3%
%;< 824,),'% 85?: 2 ),4 $% 2U44'% jhihR %
B52%< 3:,<,3% $%B:,< $U,22%?:; :%382"%: 2%
"+'3$%,;%%42%?:$%2%:"<?%2R
% 5 %;< ?4 $5"?3%4< $% 85:<'%
;?8':,%?:%?9?,$%B:;UE"54)5:3%:R4
"%;%4;O2%;5:,%4<<,54;$'),4,%;$4;2%:50%<
$U3'4*%3%4< %< $% 'B%2588%3%4<
?:!2% ]^ $? 5O <4< %4 3<,&:% $%
$'35*:8+,% 9?% $U%D<%4;,54; ?:!,4%;
$%B:54< (<:% <:$?,<%; 2U'"+%22% $% 2
"533?4% $4; 2% "$:% $% 2U'2!5:<,54 $?
$?R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
5?: 2U+%?:%O <4< 9?% 2% B52%< 3:,<,3% $?
5 4U%;< 8; 882,"!2%O 2% $%B: (<:%
"538<,!2%B%"2U"<?%2R
]")"+8,<:%;?,B4<;?:5,,<<5:2R^
%6*0$86#"92"17/I#74 #18#6M 28462 )#G296 #F2MG
20
5!,4b:!544%?Z"5B,Z3,%4?:E
('-0- +!%&'-#+ - % (#
#--(+%
X2))8826/
25, 4d pn[j $? k 04B,%: iqpn :%2<,B% 2U3'4*%3%4<O 2 8:5<%"<,54 %< 2 3,;% %4
B2%?: $? 2,<<5:2 7" =";8 ;1" /2) !J$5;)/)6"
"186""7862)7128)217I
//" 21"61" ;77) )"1 /" /)8826/ 8"66"786"
5;"06)8)0"I%5$%$%2U:!4,;3%,4<&*:%
2%;$,;85;,<,54;$%225,?<:B%:;$%;:<,"2%;
R iln[i Riln[qR 25, ,<<5:2 4% $5,< 8;
(<:% "54;,$':'% "533% ?4% "54<:,4<% 3,;
"533% ?4 5?<,2 8?,;;4< 85?:Q 2,3,<%: 2%
3,<*% $% 2U%;8"%O )B5:,;%: 2U'"5453,%
$U%;8"%O 8:';%:B%: 2%; <%::%; *:,"52%;O 2%
8<:,35,4%5?%4"5:%2%;8E;*%;R
#@""7872;0)7"//2)/)8826/"16)721!"
76)="6)1"8$="/J$81'!"(;I
4 %))%<O 2U:<,"2% kji[j id $? 5$% $%
2U4B,:544%3%4< $,;85;% Q J 218 217*"%6%#7
200# 20091#7 /*8826/#7D 9 7#17 "9
46%7#18 )4*86#D/#7 20091#7"#0%86242/#7
#8 "#7 "%468#0#187 "I2986#M0#6 6*;#6*1#7
"#70#67#82 %17D"#7%81(77/%7D"#74/17
"I#9 *18%6*#967 "I91# 794#6'* *# 794%6*#96# WVVV)# 86#7KG
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
:OB%"?4%;?8%:),",%$%omhh+%"<:%;O
2U'<4*$%+?O%;<2%82?;*:4$'<4*$%2
:'*,544*?%$5"[5?;;,2254R
%;$,;85;,<,54;8:5<%"<:,"%;$%225,2,<<5:2
;54<"54<%4?%;?;%,4$%;45<,54;;?,B4<%;Q
WGWI#=8#17*21"#/I961*78*21
?:<5?<2%<%::,<5,:%$U?4%"533?4%2,<<5:2%O
/J">8"17)21 !" /J;61)78)21 !2)8 7" 6$/)7"6
72)8"1218)1;)8$="/"7''/20$68)217"8
=)//'"7 ">)78187 72)8 "1 (0";> 12;=";>
)18$'6$7 /J"1=)6211"0"18 ]:<,"2% Riln[l[
$?5$%$%2U:!4,;3%^R
WGX #7 #74 #7 462 )#7 "9 6*;(# #8 /#7 #74 #7
6#0659/#7
4; 2%; %;8"%; 8:5"+%; $? :,B*%O
/J">8"17)21!"/J;61)78)21!2)8%86"/)0)8$"I
22% 8%?< (<:% 0?;<,),'% %< 35<,B'% $4; 2%
"$:% $? ]:<,"2% Riln[l[ $? 5$% $%
2U:!4,;3%^R %:<,4; 8:<,",%4; $? $:5,< 54<
""?;'225,,<<5:2$U(<:%8624)046$)7"H54
4% ;,< 8; "% 9?U%;< ?4 %;8"% 8:5"+% $?
:,B*% 4, "% 9?U%;< ?4 "74" 6"065;/"I
))%"<,B%3%4<O 2 25, 4% 2% $,< 8;R 4; "%
"54<%D<%O 2% 85?:: ,4"54<%;<!2%3%4<
885:<%: $%; 8:'",;,54; ?<,2%; 8: 2% !,,; 5?
454 $U?4 "+8,<:% ,4$,B,$?2,;'R J68)/" X[]NX !; 2!" !" /J61)70" !211" !"7
$/$0"187 !" !$&)1)8)21 !"7 "74"7
6"065;/"7I 2,;<% $%; %;8"%; %< 3,2,%?D
8:';%:B%:"5385:<%45<33%4<O%4)54"<,54
$% 2U,4<':(< '"525*,9?% 9?U,2; 8:';%4<%4<Q 2%;
$?4%;%<24$%;"6<,&:%;O2%;82*%;%<2,$5;O2%;
)5:(<; %< F54%; !5,;'%; "6<,&:%;O 2%; F54%;
,4+!,<'%;O2%;8:<,%;4<?:%22%;$%;%;<?,:%;O
2%; 3:,; %< B;,&:%;O 2%; F54%; +?3,$%; %<
3,2,%?D <%385:,:%3%4< ,33%:*'; ,4;, 9?%
2%; F54%; $% :%85;O $% 4,$,),"<,54 %< $%
**4*%$%2UB,)?4%$';,*4'%8:2$,:%"<,B%
%?:58'%44% 4doq[lhq $? j B:,2 iqoq
"54"%:44< 2 4,$,),"<,54 $%; 5,;%?D
;?B*%;R
WGY 128*21 "I#=8#17*21 /*0*8%# "17 /#7 #74 #7
462 )#7"96*;(#
%254 2U:<,"2% iln[l $? 5$% $%
2U:!4,;3%O X /I#=8#17*21 /*0*8%# "#
/I961*78*21 "#7 #74 #7 462 )#7 "9 6*;(#
29"#76*;#7"#74/17"I#9*18%6*#967PHQ(#-
-+ $.,-# # - &(-#/LG $4; 2% ;%254
$%;":,<&:%;2,';2"54),*?:<,54$%;2,%?D5?
2U""?%,2$U"<,B,<';'"5453,9?%;%D,*%4</
462>)0)8$ )00$!)8" !" /J";I 5?<%)5,;O "%;
":,<&:%; 4% ;54< 8; 882,"!2%; 25:;9?%
2U?:!4,;<,54 %;< "54)5:3% ?D $,;85;,<,54;
$U?4;"+'3$%"5+':%4"%<%::,<5:,2%5?$U?4
;"+'3 $U3'4*%3%4< :'*,542 5?
"538<,!2% B%" "%22%; $U?4 ;"+'3 $% 3,;%
%4 B2%?: $% 2 3%:R /2) )8826/ )!"18)&)"
21
5!,4b:!544%?Z"5B,Z3,%4?:E
/J$("//" !; 200" 4"68)1"18" 42;6
462'600"6
/J">8"17)21
/)0)8$"
!"
/J;61)78)21 !17 /"7 "74"7 462("7 !;
6)='"I
WGZ 4 *8%"I 9#*/
%2542U:<,"2%iln[j$?5$%$%2U:!4,;3%O
85?: $'<%:3,4%: 2 "8",<' $U""?%,2 $%;
%;8"%; ?:!4,;'; 5? ?:!4,;%:O 2%;
$5"?3%4<; $U?:!4,;3% $5,B%4< <%4,:
"538<%Q $% 2 8:';%:B<,54 $%; %;8"%; %<
3,2,%?D 3%4<,544'; 2U:<,"2% Riln[nP $% 2
8:5<%"<,54$%;%;8"%;4'"%;;,:%?3,4<,%4
%< ? $'B%2588%3%4< $%; "<,B,<'; *:,"52%;O
8;<5:2%;O )5:%;<,&:%; %< 3:,<,3%;P $%;
"54$,<,54; $% ):'9?%4<<,54 8: 2% 8?!2," $%;
%;8"%; 4<?:%2;O $? :,B*% %< $%;
'9?,8%3%4<; 9?, E ;54< 2,';R 4; 2%; %;8"%;
?:!4,;';O "%; $,;85;,<,54; 4% )54< 8;
5!;<"2% 2 :'2,;<,54 $%; 58':<,54; $%
:'45B<,54 $%; 9?:<,%:; 5? $% :'+!,2,<<,54
$% 2U+!,<< %D,;<4<O ,4;, 9?U 2U3'2,5:<,54O
2U%D<%4;,54 5? 2 :%"54;<:?"<,54 $%;
"54;<:?"<,54;%D,;<4<%;R
WG[1"#"#7WVV0$86#7
4 $%+5:; $%; %;8"%; ?:!4,;';O /"7
21786;8)217 2; )178//8)217 7218 )18"6!)8"7
7;6 ;1" 1!" /)8826/" !" XWW 0#86"7 "538<%: $% 2 2,3,<% +?<% $? :,B*% 85?: 2%;
82?; +?<%; %?D 85?: 2%; 824; $U%?
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
,4<':,%?:;$';,*4';2U:<,"2%j$%225,4dpn[j
$? k 04B,%: 8:'",<'%R %<<% ,4<%:$,"<,54 4%
;U882,9?% 8; ?D "54;<:?"<,54; 5?
,4;<22<,54; 4'"%;;,:%; $%; "<,B,<';
'"5453,9?%;%D,*%4<28:5D,3,<',33'$,<%
$%2U%?R%?::'2,;<,54%;<<5?<%)5,;;5?3,;%
%49?(<%8?!2,9?%;?,B4<2%;35$2,<';$%2
25, 4d pk[nkh $? ij 0?,22%< iqpk :%2<,B% 2
$'35":<,;<,54 $%; %49?(<%; 8?!2,9?%; %< 28:5<%"<,54$%2U%4B,:544%3%4<R
WG\#7 29496#7"I961*78*21
4% "5?8?:% $U?:!4,;<,54 :'854$ $%;
":,<&:%; *'4':?DQ 2U+535*'4',<' 8+E;,9?%O
2U?<5453,% $% )54"<,544%3%4<O 2U'<%4$?%
;?)),;4<% 85?: 8%:3%<<:% ; *%;<,54 %<
;;?:%:;8':%44,<'R
2;4;6" !J;61)78)21 "78 ;1 "74"
18;6"/ 2; '6)2/" 121 ;61)7$I 22% 8%?<
4'435,4; (<:% $'2,3,<'% ;?: $%; %;8"%; 5@
%D,;<%4< "%:<,4%; )5:3%; $U?:!4,;<,54 3,;
9?,O $4; ?4 :885:< $% 8:585:<,5442,<'O 4%
:%3%<<%4< 8; %4 "?;% 2%; ":"<':,;<,9?%;
4<?:%22%; 5? *:,"52%; $53,44<%; $%
2U%;8"%R 22%; $5,B%4<O ;, 85;;,!2%O B5,: ?4
:885:< $U'"+%22% B%" 2%; 8:<,%; "54;<:?,<%;
9?U%22%; ;'8:%4<R "/21 /J68)/" X[]NY
!"61)"6 /)1$ !; 2!" !" /J61)70"G K,
"&, ("+' ++#-(+#% - %,
%',(.0:+'#,&(#/'-)+/(#+,
,), '-.+%, )+,'-'- % +-+
:.'(.).+:.+'#,-#('9L
WG\ 128*21 "# )0#9= 129;#9= *18%(6%7 /I#1;*6211#0#18
%
X+3%?
45?B%?
,4<'*:'
2U%4B,:544%3%4<Y "54;<,<?% ?4% )5:3%
$U?:!4,;<,54 ""%8<!2% $4; 2% "$:% !;
0)18)"1 "8 !; 21&268"0"18 !"7 8)=)8$7
/2/"7
46)0)6"7H
*:,"?2<?:%O
"54"+E2,"?2<?:%R%"54"%8<45?B%?:%4B5,%
$%;)5:3%;9?,%D,;<%4<$'0;?:2%<%::,<5,:%%<
"54"%:4% ;8'",),9?%3%4< 2%; "54;<:?"<,54;
2,'%; ? <%::,<5,:% *:,"52% 5? 9?"52% 9?,
<:$,<,544%22%3%4<5""?8%4<2U%;8"%:?:2R
WG]128*21"I#74 #961*7%
%254 2U:<,"2% iln[lRi $? 5$% $%
2U:!4,;3%O2U%D<%4;,54$%2U?:!4,;<,54$5,<
;% :'2,;%: ;5,< %4 "54<,4?,<' B%" 2%;
**253':<,54; %< B,22*%; %D,;<4<;O ;5,< %4
+3%?D
45?B%?D
,4<'*:';
2U%4B,:544%3%4<R
U%4;%3!2%$%;45<,54;$%25,,<<5:28%?<[
(<:%8:'",;'?;%,4$U?4"+8,<:%,4$,B,$?2,;'
$?B24<"+'3$%,;%%42%?:$%
2%:]^R
8:,;% %4 "538<% $? ,<<5:2 $4; 2%;
$'3:"+%; $U3'4*%3%4< $? <%::,<5,:% "54$?,<":'%:$%;5?<,2;;8'",),9?%;<%2;9?%
22
5!,4b:!544%?Z"5B,Z3,%4?:E
2%; R %; 54< '<' ,4;<,<?'; 8: 2
25, $? o 04B,%: iqpkR %?: "54<%4? %< 2
8:5"'$?:%$%2%?:'2!5:<,5454<'<'8:'",;';
8: ?4 $'":%< $? m $'"%3!:% iqpn 8:,; 8:&;
2U$58<,54$%25,,<<5:2R25,B,<$544'
?4% 82"% :%2<,B%3%4< ,385:<4<% "%;
,4;<:?3%4<; $4; 2 +,'::"+,% $%; 45:3%;
0?:,$,9?%; 8: 2U,4<%:B%4<,54 $? $'":%< %4
54;%,2 $U<<R 2; B,%4< $&; 25:; 2%; 3(3%;
%))%<; 9?% 2%; ],:%"<,B%; %::,<5:,2%;
$U3'4*%3%4<^R 4 "54;'9?%4"% 2%; ;%;,<?,%4<?44,B%?,4<%:3'$,,:%%4<:%2
5, ,<<5:2 %< 2%; ?<:%; $5"?3%4<;
$U?:!4,;3% ]5O ^R %; $%:4,%:;
$%B,%4< $54" (<:% "538<,!2%; B%" 2%;
$,;85;,<,54;$%;R
"7 7($07 '6!"18 / =28)21 !J6)86"6
"186"/"7!)&&$6"18"7;8)/)78)217!"/0"6"8
!; /)8826/ '6" /J4462(" 0"6M8"66"
],38"< $%; "<,B,<'; <%::%;<:%; ;?: 2 3%:O
,38"< $%; "<,B,<'; 3:,<,3%; ;?: 2 <%::%O
45<,54 $% ]
%;<,54 4<'*:'% $%; 54%;
6<,&:%;^^R % ;"+'3 $5,< ;;?:%: 2
"5+':%4"% %4<:% 3'4*%3%4< $%; %;8"%;
2,<<5:?D Z $,))':%4<; ?;*%; %< 8:5<%"<,54 $%
2U%4B,:544%3%4<Z$'B%2588%3%4< '"5453,9?%
%<?:!,4R
%$%2U'<4*$%+?'<',4;<,<?'%4
iqqmR
WG^#"#/I%81("#)9G
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
"G5;)$8$4462;=$46!$6"8"1
217")/ !J88 !; Y\ =6)/ X``\O 85?: 5!0%<
$U5:*4,;%:O $% 34,&:% *25!2% %< "5+':%4<%O
2 *%;<,54 %< 2 3,;% %4 B2%?: $U?4 %;8"%
2*?4,:%O 9?, %;< 2% 2,%? *'53'<:,9?% $%
"54)2,<; $U?;*%;R 2 )),:3% 2 B5"<,54
8:,5:,<,:%:%"544?%28("+%%<?D"?2<?:%;
3:,4%;O ;4; 4'*2,*%: 85?: ?<4< 2
85?:;?,<%
$U?4%
852,<,9?%
85:<?,:%
,4$?;<:,%22%%<<5?:,;<,9?%$8<'%R
/ 7J')8 !21G !17 /" !6" !J;1" !$06("
!" !$="/244"0"18 !;6/"G !" 21&268"6
/J8)=)8$ $2120)5;" "8 /J"04/2) ;82;6 !;
77)1!"(;I4;"%<%;8:,<O2%"+'3$%
,;% %4 2%?: $% 2 %: $'<%:3,4% 2
B5"<,54 *'4':2% $%; F54%; :%;8%"<,B%3%4<
))%"<'%; ?D "?2<?:%; 3:,4%;O ?
$'B%2588%3%4< ,4$?;<:,%2 %< 85:<?,:% %< ?D
"<,B,<';$%<5?:,;3%%<$%25,;,:;R
; 828/G /" 6$421! ;1" 1$"77)8$
!J6)86'" "186" !"7 )18$6%87 21;66"18)"/7G
46 ;1" 4462(" 72/)!)6" "186" /J"74"
06)8)0""8/"/)8826/5;)/;)"7888"118I
5?: "% ),:%O %< <:&; "54":&<%3%4<O 2% $?!;;,4$%+?%<$%;)#$%3:,<,3%
:%<,%4< n "<'*5:,%; $% F54%; ))%"<'%;
:%;8%"<,B%3%4<Q
iR 8("+%%<2%;"?2<?:%;3:,4%;
jR 8:5<%"<,54 $? 3,2,%? %< $%;
'9?,2,!:%;!,525*,9?%;
kR %; "54;<:?"<,54; %< 3'4*%3%4<;
?:!,4;
lR %; "<,B,<'; ,4$?;<:,25[85:<?,:%;O
"533%:",2%;%<:<,;42%;
mR %; "<,B,<'; $% <5?:,;3%O 25,;,:; %<
4B,*<,54
nR %; F54%; :';%:B'%; 2U%D825,<<,54
*:,"52% 85?: 2%;9?%22%; 4'435,4; 2%
4% $'),4,< 8; $% 8:%;":,8<,54;
;8'",),9?%;R
% F54*% ;U""538*4% $U?4 $,;85;,<,)
:'*2%3%4<,:% $% 8:5<%"<,54 9?, 21&268" /
=28)21 21(?/)2/" !" /J$81' %< 9?,
;U<<"+%8:';%:B%:29?2,<'$%;%?DR
% $5"?3%4< 4U%;< 8; ?4 ;,382% :%"?%,2
$U5:,%4<<,54; 5? ?4 *?,$% $% !544%;
8:<,9?%;R/;1"4268$"-;6)!)5;"216#8"I
2 8:'",;%O $4; 2% <%::,<5,:% "54"%:4'O 2%;
35$2,<'; $U882,"<,54 $%; $,;85;,<,54;
2'*,;2<,B%; 882,"!2%; ? <,<:% $% 2 25,
:%2<,B% 2U3'4*%3%4<O 2 8:5<%"<,54 %< 2
3,;%%4B2%?:$?2,<<5:2$?k04B,%:iqpnO%<
$% 2 25, I " 8)86"G /"7 "8 /"7
M !2)="18 %86" 2048)/"7 =" /"
I
2 :';?2<% $U,22%?:; $% 2 0?:,;8:?$%4"% $?
54;%,2 $U<< 9?% 2% O "533% 2%;
23
5!,4b:!544%?Z"5B,Z3,%4?:E
$,:%"<,B%;
<%::,<5:,2%;
$U3'4*%3%4<
:%2<,B%; ?D F54%; 2,<<5:2%;O"78 !)6"8"0"18
24427/" ;> !"01!"7 !" 4"60)7 !"
21786;)6"I
2 $5,< !,%4 %4<%4$? (<:% 2?,[3(3% "54)5:3%
?D $,;85;,<,54; 2'*,;2<,B%;O %< 45<33%4<
?D8:%;":,8<,54;$?"5$%$%2U?:!4,;3%$54<
,2 "54B,%4< $% :88%2%: 9?% $4; 2%;
"533?4%;2,<<5:2%;O)/;826)7";1"">8"17)21
/)0)8$" !" /J;61)78)21 72)8 "1 218)1;)8$
!"7 ''/20$68)217 "8 =)//'"7 ">)78187G 72)8
"1 (0";> 12;=";> )18$'6$7 /J"1=)6211"0"18I
4),4O ,2 4% $':5*% 8; ?D $,;85;,<,54; $?
"5$% $% 2U?:!4,;3% %< %4 8:<,"?2,%: "%22%;
9?, 8:585:<,544%4< 2U?<5:,;<,54 $%
"54;<:?,:%O ?D "8",<'; $U!;5:8<,54 $%;
'9?,8%3%4<; 8?!2,"; ]$54< 2%; "8",<';
$U;;,4,;;%3%4<^R
%; ?<5:,<'; 8?!2,9?%; 54< $54" 2% $%B5,:
$U(<:% 8:<,"?2,&:%3%4< <<%4<,B%; ?D
?<5:,;<,54; 9?, ;54< $'2,B:'%; ? <,<:%
$U?;*%$%;;52;%<$%2U?:!4,;3%R
% 8:')%< 8:<*%O "%< '*:$O 45<33%4<
B%" 2%; 3,:%;O ;1" 6"74217)/)8$ 200"
;826)8$ !$/)=618 "7 ;826)78)217 2;
;826)8$(6'$"!;21863/"I
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
B?24':!,2,<' $? ;%"<%?:O 2U%40%? ?;;, %4
<%:3% '"5453,9?%O 2U,3*% ?;;, 9?%
B'+,"?2%:,< $%; )%:3%<?:%; :'8'<,<,54 $%
2U'<4*\)%:3%<?:%;?D9?%22%;,24%8%?<(<:%
$':5*' ? :%*:$ $%; 9?%;<,54; ;4,<,:%; \
)0427"18!21;1"4462("6)'2;6";7"I
J"78 !)6" 5;" /" 21863/" 2178)8;" 42;6
/J88;1"46)26)8$I
25"?D $U?:!4,;3% %4 8:<,"?2,%:^ %< $%;
$5"?3%4<; $% $'),4,<,54 $%; 852,<,9?%;
;%"<5:,%22%;
$U'"+%22%
"533?4?<,:%
]8:5*:33% 25"2 $% 2U+!,<<O 824; $%
$'82"%3%4<;
?:!,4;
45<33%4<^R
U882,"<,54 $? 8:,4",8% $% "538<,!,2,<'
8%:3%<$%*:4<,:?4%"5+':%4"%X%D<%:4%Y
9?,;U88:'",%$5?!2%<,<:%Q
-
"538<,!,2,<' X8;;,B%Y ;U*,;;4<
$? :%;8%"< $%; 2,3,<%; %4<:% 2%;
%D<%4;,54; ?:!,4%; %< 2%; %;8"%;
4<?:%2;%<*:,"52%;8:5<'*';P
-
"538<,!,2,<'X"<,B%Y8:29?%22%
%;<B':,),'%O$4;2%<%38;O23,;%%4
7?B:% $%; 5!0%"<,); $U3'4*%3%4<
$?;"+'3$%"5+':%4"%<%::,<5:,2%R
WG_#"977*1"#)9
%$?;;,4$%+?'<'8:%;":,<2%ij
0?,22%<jhhmR
" 2178)8;" ;1 )1786;0"18
!J"1!6"0"18 "8 !" 0)7" "1 K2($6"1"L
!"7!2;0"187!J;61)70"/2;>]2%;824;
2;0"187
200;1;8)6"7
- - 2;0"187
!J;61)70"2;>
- - 24
5!,4b:!544%?Z"5B,Z3,%4?:E
1 2046"1! 862)7 !2;0"187
2/)'82)6"7H
- 4:885:<$%8:';%4<<,54O
- % :50%< $U3'4*%3%4< %< $%
'B%2588%3%4<?:!2%]^O
- % 5"?3%4< $U:,%4<<,54 %<
$U!0%"<,);]^
%$%:4,%:$5"?3%4<$'),4,<2%;5!0%"<,);%<2%;
8:,4",8%; $% 2 852,<,9?% $% 2`?:!4,;3% %< $%
2`3'4*%3%4<R % $5"?3%4< ),D% 82?;,%?:;
*:4$;5!0%"<,);882,"!2%;?<%::,<5,:%$%2
"533?4% $% &F%%< 2U%4;%3!2% $%;
8:%;":,8<,54; ,385;'%; 8: 2% E ;54<
"54;?2<!2%;R
!248$/"[&$=6)"6YWX[G/"!"(;&)>"
!$7260)7 /"7 26)"188)217 !J0$1'"0"18
!;8"66)82)6"42;6/"7YW17="1)6I
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
-"8)&XH4628$'"6/J"1=)6211"0"1818;6"/G
'6)2/""8/"!6"!"=)"!;77)1!"(;
P68"XQ
1-";>
6$7"6="6/860"
="68""8/";"
8)217
18"6!)6"/J;61)78)21
;>26!7$%;"5?:;
$U%?%<"+%B%2?;$?
!;;,4B%:;4<
18"6!)6"M/)0)8"6
/J;61)78)21$4;2%;
"7?:;$%4<?:%
2*?4,:%;%<3:,<,3%;
%<2%?:;F54%;+?3,$%;
18"6!)6"M/)0)8"6
/J;61)78)21$4;2%;
%;8"%;2*?4,:%;%<
3:,<,3%;5:$,4,:%;%<
2%?:;F54%;+?3,$%;
18"6!)6"M/)0)8"6
/J;61)78)21$4;2%;
F54%;$%B?24':!,2,<'
$%;3;;%;$U%?
;5?<%::,4%;
)18"1)62;6"78;6"6
2%;5::,$5:;
'"525*,9?%;
6$7"6="62%;%;8"%;
$%4<?:%5:$,4,:%
)18"1)6;1"!)="67)8$
!"4?7'"7
)!"18)8)6"7
6$7"6="6/"428"18)"/
'6)2/""84$6"11)7"6
;1"'6);/8;6"
&6')/)7$"
)18"1)62%;*:4$;
8E;*%;%<845:3;
":"<':,;<,9?%;
68);/"62%
$'B%2588%3%4<?:!,4
%4"5+':%4"%B%"2%;
%;8"%;*:,"52%;
8':,?:!,4;
$7"6="6$%;%;8"%;
4'"%;;,:%;?D
"<,B,<';$%8("+%%<$%
"?2<?:%;3:,4%;;?:2%
;;,4$%+?
?10)7"62%;%;8"%;
*:,"52%;B5"<,54$%
8:5$?"<,54
)86)7"62%;:,;9?%;
<%"+4525*,9?%;%<
,4$?;<:,%2;
/26)7"62%8<:,35,4%
! <,:%"544?%<2%8%<,<
8<:,35,4%
)0)8"62%;:,;9?%;
,454$<,54P/$02!$6$
&268Q
/26)7"62%;8E;*%;
2,';?D"<,B,<';
<:$,<,544%22%;
)0)8"62%;:,;9?%;
;?!3%:;,54;3:,4%
618)6$?:!2%3%4<
29?2,<'8E;*&:%%<
! <,%$%;%4<:'%;$%
B,22%
204'1"62
$,B%:;,<'$%;8E;*%;
?:!,4;
)0)8"6/J">427)8)21;>
6)75;"718;6"/7"8
8"(12/2')5;"7
)86)7"62%;:,;9?%;
35?B%3%4<$%<%::,4
18$'6"6"80)86)7"62%
:,;9?%,4"%4$,%P/$
02!$6$&268Q
6$="1)62%;:,;9?%;2,';
28522?<,54$%;;52;
25
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
68#WF628%(#6/I#1;*6211#0#181896#/D(6* 2/##8/# "6#"#;*#"977*1"#)9E296 #F"9
26
5!,4b:!544%?Z"5B,Z3,%4?:E
-"8)&YH786;8;6"6/"!$="/244"0"18"8
0)86)7"6/J;61)78)21P68"YQ
# 7# 8#96 "# "%;#/244#0#18 9 26" "#
$?#F
2 "538:%4$ 2%; F54%; $U"<,B,<'; ?<5?: $%
2U?<5:5?<% q %< 2%; ;%"<%?:; $U%D<%4;,54
?:!,4% %4 "54<,4?,<' $? 9?:<,%: $%;
%;9?,%:;R % ;%"<%?: %;< "54<:,4< 8: 2
<585*:8+,%O 2 8:';%4"% $% F54%; ,454$!2%;
%<$%F54%;;%4;,!2%;?:,;9?%$%)%?$%)5:(<R
% 824 $% :')':%4"% $%B: 8:585;%: ?4
3'4*%3%4< *25!2 "5+':%4< :%;8%"<4< 2%;
8:,4",8%;$%25,,<<5:2O?4%8:5*:33<,54
8:'",;% %< ;8<,2,;'% ,4;, 9?% 2%; 35$2,<';
$U,4;%:<,54 $? 9?:<,%: $4; 2% ;,<% %<
45<33%4< 2%; :%2<,54; %4<:% 2%; 9?:<,%:;
%D,;<4<;O 2% :" $% %;9?,%:; B5"<,54
25,;,:;%<2%;)?<?:%;%D<%4;,54;:';,$%4<,%22%;R
U3'4*%3%4<$%"%862%$%$'B%2588%3%4<
%;<45<33%4<0?;<,),'8:2$,;854,!,2,<'$U?4
;%:B,"% $%4;,),' $% <:4;85:< %4 "533?4 9?,
8%:3%< $% :%2,%: "% )?<?: 862% :';,$%4<,%2 2
B,22% "%4<:% %< ; *:% 3?2<,35$2%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
1-#90-#96 F 26(1*7#6 / 462"9 8*21 "#
/2(#0#187 "17 /I#74 # #8 "17 /# 8#047 9
6#(6""#/ 4 *8%"I 9#*/"#7 20091#7G
"7 1)8$7 !" 62!;8)21 6)1"
:%8:';%4<%4< $%; %4B%2588%; )54",&:%;
85?B4< (<:% ?:!4,;'%; ? "5?:; $% 2
8':,5$% $U882,"<,54 $? 85?: $% 2
8:5$?"<,54 B5"<,54 3,D<% Q ;%"<%?:;
8:,4",82%3%4< :';,$%4<,%2; ]? 35,4; ohv $%
2 ;?:)"% ! <,% $'$,' 2U+!,<<^ %< 85?B4<
(<:% "5382'<'; $U"<,B,<'; '"5453,9?%;O
"533%:",2%;O $%; '9?,8%3%4<; $U,4<':(< $%
9?:<,%: %< $%; ;%:B,"%; ,4<'*:'; 2
"54"%8<,54?:!,4%$%;45?B%?D9?:<,%:;R
533?4%
58?2<,543?4,",82%2'*2%]296 #7
F17##DXVV_^
54<:,!?<,54$U""?%,2
4+!,<<;8%:34%4<;
5?:"%4<*%?;%,4$?$%+?
54;533<,54%4%D<%4;,54$%;
1)8$76)1"7
4+
54;533<,54%4:%45?B%22%3%4<
$%;1)8$76)1"7
4+
?:)"%3D,32%?:!4,;%:
+5:;<,;;??:!,4%D,;<4<]%4
%D<%4;,545?:%9?2,),"<,54^8:
"533?4%
54<:,!?<,54%4453!:%$%25*%3%4<;
%4;,<'35E%44%
3,4,32%:%9?,;%
% <!2%? ;?,B4< :'"8,<?2% 2 "54<:,!?<,54
3D,32% $% 2 B,22% $% &F% %4 <%:3%; $%
":5,;;4"% $'35*:8+,9?% %< $% 8:5$?"<,54
$%25*%3%4<;%4B,;*'%2U+5:,F54jhkhQ
&F%
ihmjk
5<2
iiplpp
knhh+!,<4<;
lhhhh+!,<4<;
qv
lh+
ihhv
jqp+
[
mn+
lh+
kml+
inhh
lh25*Z+
iomhh
[
27
5!,4b:!544%?Z"5B,Z3,%4?:E
1-#9 0-#96F 26(1*7#6 /#7 42/6*8%7
% 2120*59#7"98#66*82*6#G
"7 1)8$7 !" 62!;8)21 2120)5;"
:%8:';%4<%4< $%; %4B%2588%; )54",&:%;
$%;<,4'%; (<:% ?:!4,;'%; ? "5?:; $% 2
8':,5$% $U882,"<,54 $? 85?: $% 2
8:5$?"<,54 B5"<,54 '"5453,9?%R 22%;
8%?B%4< "5::%;854$:% $%; 58':<,54; $%
:%45?B%22%3%4< ?:!,4 5? $%; 85<%4<,%2;
$U%D<%4;,54R
R #7 91*8%7 "# 462"9 8*21 96*1#7
% 2120*59#7 "%"*%#7 9=
200#6 #7
6#46%7#18#18 "#7 G #7 7218
"%/*0*8%#7 "17 /# "6# "9 2 90#18
"I0%1(#0#18200#6 */"9G
% <!2%? ;?,B4< :'"8,<?2% 2 "54<:,!?<,54
3D,32%$%2B,22%$%&F%%4<%:3%;F54%;
'"5453,9?%;%4B,;*'%2U+5:,F54jhkhQ
-"8)& ZH 26'1)7"6 "8 /)0)8"6 /"7
!$4/"0"187
"1
68);/18
/"
!$="/244"0"18
;6)1
="
;1
!$="/244"0"18!"702!"7/8"618)&7
P68"ZQI
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
533?4%
5:<?,:%
%4+
:<,;42%%<<%:<,,:%%4+
21"0;="
533%:",2%%4+_
21"8;65;2)7"
5?:,;<,9?%
%4+
2182172008*21828/##1
6#129;#//#0#18 96*1
218 2172008*21828/##1
#=8#17*21
54;533<,54
<5<2%
1-";>
8)217
#@"
[
28/
jp+
ih+
pl+
j+
jh+
[
l+
[
ll+
ij+
qj+
ij+
ikn+
"67;16"1&26"0"18!"7
7"6=)"7!"8617426874;/)7
"67;18"66)82)6"6$&$6"1""1
08)#6"!")6;/8)21!2;"7
"67;1"/)0)88)21!"/4/"
!"/=2)8;6""1=)//"
77;6"6?4%*%;<,54%)),""%$%
23?2<,35$2,<'
86;8;6"6%<3,22%:2%;
,4):;<:?"<?:%;$'$,'%;?D
35$%;$5?D
"886""14/"?4:';%?
"E"2!2%?;%:B,"%$U?4<5?:,;3%
$?:!2%
86;8;6"62%;$'82"%3%4<;%4
B5,<?:%
"1&26"62U?:!4,;<,54
8:5D,3,<'$%;D%;30%?:;$%
<:4;85:<;8?!2,";
$="/244"62%;,4<%:)"%;B%"
2%;<:4;85:<;8?!2,";]"7?:;$%
B,22*%O;,<%;$U,4<':(<S^
21&268"62%;B5,%;;<:?"<?:4<%;
/;)!)&)"6"8&)/)8"62%<:),"B%"
2:'2,;<,54$%2$'B,<,54$%2
]XZ8:2%45:$$%&F%
211"6?4:62%"+:4,&:%?D
<:4;85:<;%4"533?4$4;2
;<:?"<?:<,54)?<?:%$%2U%;8"%
?:!,4
28
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
68#XF869 896#6/#"%;#/244#0#18#80*86*7#6/I961*78*21E296 #F"9
29
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
68#YF6(1*7#6#8/*0*8#6/#7"%4/ #0#187#168* 9/18/#"%;#/244#0#1896*1;# 91"%;#/244#0#18
"#702"#7/8#618*'7E296 #F"9
30
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
H!?10)5;"72)2$2120)5;"
+?;;%,385:<4<%$%2858?2<,54%;<$?%
%;;%4<,%22%3%4< ?4 ;52$% 3,*:<5,:% <:&;
2:*%3%4< 85;,<,) $%8?,; 82?;,%?:; $,F,4%;
$U44'%;O 9?, ;U05?<% ?4 ;52$% 4<?:%2
:%$%B%4? 85;,<,) $4; 2%; 44'%; iqqhR %<<%
<%4$4"% ;U""'2&:% $%8?,; 2 ),4 $%; 44'%;
iqqhR
$%.! !&% $ <&%.
$%#%'
FBB
ECB8J
91'&#*.&(!+)"#*.
EBB
DDB8J
4 jhhqO 2 858?2<,54 $% &F% "538<%
iholq+!,<4<;iR
DBB
CFF8I
CGK8D
CHH
CBH8D
CCG8J
JD8J
KB8E
KJ8G
CKHJ
CKIG
CKJG
KH8K
CBB
' &% ! !&% -*
0-=DBBK>
CBBBB
CCI8H
CFI
CIC8D
CKI8E
CFB8K
' &% &$ %&#%#>FCE%
?==F
HGBD
GBBG GGBJ GIFD
IHEH
B
CKHJ CKIG CKJD CKKB CKKK DBBK
B%"?4%;?8%:),",%"533?42%$%klOmq13rO
"%2 :%8:';%4<% ?4% $%4;,<' $% 2 858?2<,54
$% kihOp+!,<4<;Z13rO iOp )5,; 82?;
,385:<4<% 9?% "%22% :%2%B'% 2T'"+%22% $?
$'8:<%3%4<$%2U':?2<R
CKKK
DBBK
?D$%
B:,<,54
44?%2
DB
!'"!0-=DBCB>
858?2<,54 $% &F% %4:%*,;<:% ?4%
":5,;;4"% ;,*4,),"<,B% %< "54<,4?% $%8?,; 2
),4$%;44'%;iqnhO%22%$5?!2'%4<:%iqnp
%<jhhq.
%; $%:4,&:%; 44'%;O "%<<% ":5,;;4"% <%4$4"%;U""'2':%:Q%4<:%iqqq%<jhhqO2
858?2<,54
"533?42%
**4'
kiik+!,<4<;O;5,<?4%8:5*:%;;,54$%lhOovR
% <?D $% B:,<,54 44?%2 $% 2 858?2<,54
;?: "%<<% 8':,5$% ]kOmvZ4^ %;< $%?D )5,; 82?;
,385:<4< 9?% ;?: 2 8':,5$% 8:'"'$%4<%
':,5$%
5?:"%;Q17##DW_\^W__V"%1206#0#187MW___#8
XVV_#=4/2*88*21746*1 *4/#7G
CKKB
1%('=DBCB>
CBIFK
1
CEB8D
B
CGBBB
GBBB
CJJ
iqnp[
iqom
iqom[
iqpj
iqpj[
iqqh
iqqh[
iqqq
iqqq[
jhhq
dXG[c
dWG]c
dXG]c
dXG_c
dZG\c
]iOpvZ4%4<:%iqqh%<iqqq^R
CB
B
;CB
CG8D
CD8E
D8J
CC8F
CD8E
CC8D
CD8F
CC8H
K8FE8E
CD8C
CB8E
C8J
CKHJ.CKIG CKIG.CKJD
;B8H CKJD.CKKB
;B8F CKKB.CKKK CKKK.DBBK
+''1 + "%''1 "!'(%=L>
'#% ! !&% >FCE+?==F
:G;
G
B
C8F
B8EC8C
B8IB8H
C8H
BC8H
C8J
B8EC8G
E8G
B8DE8E
CKHJ.CKIG CKIG.CKJD
CKJD.CKKB CKKB.CKKK CKKK.DBBK
;B8C
;G
((&"!'(%
((&" %'"%
)%'"!!!( ",!!
%<<% ":5,;;4"% :';?2<% $%; ,385:<4<;
8+'453&4%; $% 8':,?:!4,;<,54 2U7?B:%
?D !5:$; $%; **253':<,54; $? 2,<<5:2
+':?2<,;R
31
5!,4b:!544%?Z"5B,Z3,%4?:E
8%:"%8<,!2% 9?, ;% <:$?,< 8: ?4%
?*3%4<<,54 $% 2 8:< $% 2U%4;%3!2% $%;
<:4"+%;$U *%;8:<,:$%kh4;O45<33%4<
2%; <:4"+%; nh[ol 4; %< om 4; %< 82?;O ?
$'<:,3%4<$%2<:4"+%$U *%;im[jq4;R
2*:'"%2O%4jhhqO%4"5:%%4B,:54?4<,%:;
$% 2 858?2<,54 "533?42% 35,4; $%
kh4;R
' &% ! !&% $ <&%.
$%#%':G9;
F
E
D
C
B
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
%#&%&#! !&% $ <&%.
$%#%'! &#%
DG
DB8I
DB
CI8GCI
CG8G
CF8K
CG8E
CF8J
CG
DG
CKHJ.CKIG CKIG.CKJD CKJD.CKKB CKKB.CKKK CKKK.DBBK
DD8D
DB8I
CK8G CK8E CKCK8E CK
CJ8J
DB
"
(!0-CKHJ.DBBK
!'"!0-CKHJ.DBCB
1#%' !'?1%('CKHJ.DBCB
":5,;;4"%$%2858?2<,54"533?42%%;<
$%?D )5,; 82?; ,385:<4<% 9?% "%22% $?
$'8:<%3%4<$%2U':?2<;?:28':,5$%iqqq[
jhhqR
9,-+.-.+%)().%-#('
XI424;/8)2146'""142;6"18'"
4 jhhqO 2 858?2<,54 "533?42% "5385:<%
miOqv$%)%33%;85?:lpOiv$U+533%;R
?: 2 8':,5$% iqqq[jhhqO 54 %4:%*,;<:% ?4
<:&;2'*&:%!,;;%$%28:<$%2858?2<,542
82?; 0%?4% ]<:4"+% h[il 4;^O 2 858?2<,54
"533?42% %4:%*,;<:% ?4 B,%,22,;;%3%4<
J8K
I8F
CB
CG
CB
G8E
G
B
G
B.CF!& CG.DK!& EB.FF!& FG.GK!& HB.IF!& IG!&"(M
CKKK
B8J
B8I
B8H
B
DBBK
U?4% 34,&:% *'4':2%O 2 858?2<,54
"533?42%%;<82?; *'%9?%2858?2<,54$?
$'8:<%3%4<$%2U':?2<R
"
B;CF!& CG;DK!& EB;FF!& FG;GK!& HB;IF!& IG;JK!& KB"(M
(!0-=DBBK>
!'"!0-=DBCB>
1#%' !'1%('=DBCB>
32
5!,4b:!544%?Z"5B,Z3,%4?:E
%; $544'%; ,;;?%; $? :%"%4;%3%4< $% jhhq
"54),:3%4< ?4% <%4$4"% ? B,%,22,;;%3%4< $%
2858?2<,54;4;"%;;%82?;3:9?'%R
58?2<,548:;%D%%< *%%4jhhq
533%;
v
%33%;
4;%3!2% mdiol
ihhOh mdmom
hil4; qok
ipOp qhn
imjq4; pij
imOo opo
khll4; idhlq
jhOk idiiq
lmmq4; qmo
ipOm idhpj
nhol4; qoh
ipOp idhmp
ompq4; kqq
oOo
mnj
qh4;5? il
hOk
nh
82?;
hiq4; ijqk
jmOh iipo
jhnl4; jqhi
mnOiO kili
nm4;5? qpi
iqOh ijlo
82?;
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
v
ihhOh
inOk
ilOi
jhOi
iqOl
iq
ihOi
iOi
jiOk
mnOk
jjOl
296 #F17##DXVV_#=4/2*88*2146*1 *4/#G
?),2;$%;:%"%4;%3%4<;O/J$68"186"/"8;>
!"18/)8$"8/"8;>!"0268/)8$7J=#6"!"
4/;7 "1 4/;7 &)/"I : ,22%?:;O
"54"53,<33%4<O2%;52$%3,*:<5,:%%;<;4;
"%;;% 82?; '2%B'R U<<:"<,B,<' $? <%::,<5,:%
3'F5,;$?%2U+'2,5<:58,;3%%;<34,)%;<%R
CH
CG8D
CF
CD8E
CD8F
CD8E
CC8H
CC8D
CC8F
CD
K8F
CB
CD8C
CB8E
J
(+!''1!L
E8G E8E
F
B
;D
((&"!'(%!L ((&"##%!'&&!'%1&<
&"%'&!L
H
D
%'"!!!( ",!!
#"#('"!
C8H C8H
C8F
C8C
B8E
CKHJ.
CKIG
B8H B8I
CKIG.
;B8C
CKJD
B
CKJD.
CKKB
C8J
(+ "%''1!L
C8G
B8E
B8D
CKKB.
CKKK
CKKK.
DBBK
296 #7F17##DW_\^W__V"%1206#0#187MW___#8XVV_#=4/2*88*21746*1 *4/#7M88 *;*/G
33
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
YI424;/8)21468$'26)"7
72)2462&"77)211"//"7
424;/921!"X\172;4/;746
8$'26)"772)2462&"77)211"//"7"1
X```
! !&% >B$ &!&$!#
%. #$$ !# $$ $
?==F
%('(%&+#"'!'&
*:,"?2<%?:;%D825,<4<;
%'&!&8"
:=;4;"533%:#4<;O"+%);$`%4<:%8:,;%
%/!'&8&?!'%#%&
%&'#%"&&"!&!''(&&(#1%(%&
$:%;%<8:5)%;;,54;,4<%22%"<?%22%;;?8':,%?:%;
%"&&"!&!'% 1%&
:5)%;;,54;,4<%:3'$,,:%;
#",1&
3825E';
()%%&
?B:,%:;
'%'1&
%<:,<';
('%&#%&"!!&&!&')'1#%"&&"!!
?<:%8%:;544%;;4;"=B,<'8:5)%;;,544%22%
F8IL
E8DL
FL
mv
CI8KL
jpv
CB8EL
lv kv
ov
ikv
CG8IL
EE8HL
CB8GL
jov
296 #XVV_
ikv
4<:% iqqq %< jhhqO 54 "54;<<% ?4%
$,3,4?<,54 ;,*4,),"<,B% $? 453!:% $%
8%:;544%; ;4; "<,B,<'; 8:5)%;;,544%22%R %;
$%:4,&:%; 8;;%4< ,4;, $% jpv ioOqv 72)8
;1")77"!"46#7!"Z]cI
4; 2% 3(3% <%38;O 2% 453!:% $% :%<:,<';
?*3%4<%'*2%3%4<8;;4<$%jovkkOnv
72)8;1"(;77"!"YYcI
5?; ;;,;<54; '*2%3%4< ?4% !,;;% <:&;
,385:<4<% $%; *:,"?2<%?:; %D825,<4<; 9?,
8;;%4<,4;,$%\cZGYc%4<:%iqqq%<jhhq
],4):42E;%*:,"52%^R
296 #W___
34
5!,4b:!544%?Z"5B,Z3,%4?:E
3'4*%%4iqqq^O9?,"54),:3%?4%<%4$4"%
2!,;;%"54<,4?%$%8?,;2%;44'%;iqnhR
ZI786;8;6"!"70$1'"7
4jhhqO2"533?4%"538<%lnji3'4*%;jO
"U%;< ilmo $% 82?; 9?U%4 iqqqO ;5,< ?4%
8:5*:%;;,54$%lnvR
2 3(3% '859?%O 82?; $% 2 35,<,' $% 2
858?2<,54"533?42% *'%$%82?;$%im4;
%;< 3:,'% ]miOpv^R U%;< 35,4; <5?<%)5,;
9?U%4iqqqQ"%<<%'859?%Ommv$%;82?;$%
im 4; $'"2:,%4< (<:% 3:,';R %", %;< 3%<<:%%4:%2<,54B%"?4%8:'":,;<,54$%2
B,% )3,2,2%O 9?, ;% <:$?,< ?;;, 8: ?4%
?*3%4<<,54 $% 2 8:< $%; )3,22%;
35458:%4<2%;;?:28':,5$%iqqq[jhhqR
468 !"7 0$1'"7 !)=26$7 "78 $'/"0"18
"1;'0"188)21I
# )< &!%$!##.$
!#!
F
J8F
2
D8H
D8F
D8E
296 #7 F 17##D W_\^ W__V "%1206#0#187 M
W___#8XVV_#=4/2*88*21746*1 *4/#7G
! $% $%#&%&#$.$?==F
CDL
FL CL
1'%
CGL
DJL
FBL
C#%&"!!
D#%&"!!&
E#%&"!!&
F#%&"!!&
G#%&"!!&
"/ 7)'1)&)" 5;J 424;/8)21 $5;)=/"18"G /"7
"72)17"108)#6"!"/2'"0"1877218!"4/;7
"1 4/;7 "1 4/;7 )04268187 "1 8"60"7
5;18)88)&7I
% 82?;O 2% B,%,22,;;%3%4< $% 2 858?2<,54 5?
%4"5:% 2U"":5,;;%3%4< $? 453!:% $%;
)3,22%;35458:%4<2%;;54<$%4<?:%),:%
88:-<:% $% 45?B%22%; $%34$%; $%
25*%3%4<;O %4 <%:3%; 82?; 9?2,<<,);
]25*%3%4<;82?;8%<,<;O82?;""%;;,!2%;O%<"R^
4iqnpO2<,22%$%;3'4*%;'<,<$%2U5:$:%
$%kOi8%:;544%;R
4 jhhoO 2%; 3'4*%; 'F5,; ;% :'8:<,;;%4<
$%2)#54;?,B4<%Q
)"%1=>
: :885:< iqqqO 2 <,22% $%; 3'4*%;
%4:%*,;<:%?4%2'*&:%!,;;%%4jhhqB%"jOk
8%:;544%; 8: 3'4*% ]jOli 8%:;544%; 8:
D8K
CKHJ CKIG CKJD CKKB CKKK DBBK
(=)()>
J8H
E
B
%1=>
GC8J
E8C
D
%%%# .$$!#$ $
>B$ &!&$?==F
EC8D
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
5?:"% QO4;%%jhhqR
35
5!,4b:!544%?Z"5B,Z3,%4?:E
[I424;/8)218)="
!&% >B+CA$!#%)!<%'%.
?==F
'&,!'(!
#"
CE8FL
3 (%&
1 YWW`G / 424;/8)21 8)=" 200;1/"
2048"[ZY`4"67211"7R
%; "<,); 5""?8'; :%8:';%4<%4< plOjv $% 2
858?2<,54"<,B%R
% <?D $% "+63*% %;< $% XWIXc 2 3(3%
'859?%O ,2 ;% ;,<?% $4; 2 35E%44%
$'8:<%3%4<2%ihOjv%<:'*,542%ihOivR
4<:%iqqq%<jhhqO54;;,;<%?4%!,;;%$%
jOi85,4<;$?<?D$%"+63*%R
4 jhhqO olOiv $% 2 858?2<,54 "<,B%
5""?8'% %;< ;2:,'% %< jmOqv $%; "<,);
%D%:"%4<?4%"<,B,<'454;2:,'%R
424;/8)21 8)=" ">"6" 0-26)8)6"0"18
!17 /" 7"8";6 8"68))6" ]ohOpv $% 2
858?2<,54"<,B%E4<?4%3825,^R
% ;%"<%?: ;%"54$,:% %3825, imOov $% 2
858?2<,54"<,B%5""?8'%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
J8DL
'%'1&
GF8KL
CE8FL
'(!'&
('%&!'&
CB8CL
' &% $%. #$$ &(!# $$ $?==F
EC8D
DG8F
:('(&#
DD8EDC8H
CJ8J
CG8G
CI8G
CKKK
CD8F
CC8D
CB8C
DBBK
H8K I8D
%('(%&
+#"'!'&
%'&!&8
%/!'&8
&
?!'%#%&
"
%&'
%"&&"!&
#%"&&"!& !'% 1%&
!''(&
&(#1%(%&
#",1&
()%%&
36
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
4 jhhqO 2U*:,"?2<?:% ];%"<%?: 8:,3,:%^
2;4" "126" XZI[c !"7 8)&7 ?18 ;1
"04/2)7;6/200;1"I
$468)8)21!"78)&7"1YWW`H
296 #XVV_
206"
c
!218
"1c
17"0/"
jokq
ihhOh
miOj
olOj
'6);/8;6"
kno
ikOl
jkOo
khOj
1!;786)"
iqn
oOi
kkOq
pkOl
21786;8)21
jkm
pOn
mOk
niOj
200"6"G861742687G7"6=)"7!)="67
iinl
lkOj
mmOm
ooOi
!0)1)7868)21 4;/)5;"G "17")'1"0"18G 718$G
8)2172)/"
omo
joOn
onOm
qjOp
&"00"7
!218
"1c
7/6)$7
4 jhhq 2%; "<,); 5""?8'; %D%:"%4<
305:,<,:%3%4< +5:; $% 2 "533?4% ]mmRnvO
;5,< jhkp 8%:;544%;^R ;,<?<,54 '<,<
<5<2%3%4< $,))':%4<% %4 iqqq B%" ljv
$U"<,); <:B,224< +5:; $% &F%O " 5;)
6"46$7"18";1";'0"188)21!"[[G^c"186"
X```"8YWW`I
"<?%22%3%4< qkRpv $%; 8%:;544%; 4%
<:B,224< 8; ;?: 2 "533?4% $% &F%
%D%:"%4< ? ;%,4 $? $'8:<%3%4<O nRjv $4;
?4?<:%$'8:<%3%4<R
5?:;%:%4$:%2%?:2,%?$%<:B,2O2%;"<,);
'F5,; ?<,2,;%4< 305:,<,:%3%4< ?4 B'+,"?2%
35<5:,;' Q ]piRpv^R 3:"+% 8,%$
:%8:';%4<%ihOlv$%;$'82"%3%4<;OjRpv%4
<:4;85:< %4 "533?4 %< mv $% 2 858?2<,54
4U?<,2,;%8;$%B'+,"?2%R
37
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;%%(!&'-
1"&268"62)771"
4jhhqOmoko25*%3%4<;;54<:%"%4;';;?:2%
<%::,<5,:%"533?42O$54<Q
[ lnjn:';,$%4"%;8:,4",82%;O
[ olq :';,$%4"%; ;%"54$,:%; %<
25*%3%4<;5"";,544%2;O
[ knj25*%3%4<;B"4<;R3
4<:%iqqq%<jhhqO2%8:""533?42**4'
iohj 25*%3%4<;O ;5,< ?4% ?*3%4<<,54 $%
ljOjvO %4 "5::'2<,54 B%" 2U?*3%4<<,54 $%
2858?2<,54;?:28':,5$%R
% 453!:% $% :';,$%4"%; ;%"54$,:%; %;< %4
?*3%4<<,54 3(3% ;, 2%?: 8:< %4:%*,;<:%
?4% 2'*&:% !,;;% ;?: 2 $%:4,&:% 8':,5$%
,4<%:"%4;,<,:% ]$% inv ikv $? 8:" $%
25*%3%4<; ;?: 2 8':,5$% iqqq[jhhq^R %<<%
8:< :%;<% <5?<%)5,; ;,*4,),"<,B% ]ikv^O !,%4
9?% <:&; ,4)':,%?:% "%22% $U?<:%; "533?4%
2,<<5:2%; $% 2U':?2< B5"<,54 82?;
<5?:,;<,9?%lR
8:&;B5,:!,;;'%4iqqh%<iqqqO2%453!:%
$%25*%3%4<;B"4<;?*3%4<%;%4;,!2%3%4<
85?: <<%,4$:% knj 25*%3%4<; %4 jhhqO ;5,<
nOkv$%2U%4;%3!2%$?8:"R?"5?:;$%;$%?D
$%:4,&:%; $'"%44,%; 2% 8:" $% :';,$%4"%;
8:,4",82%; "544-< ?4% ?*3%4<<,54 <:&;
,385:<4<%Q$%8?,;iqpj,282?;9?%$5?!2'R
k
5?:"%QO4;%%iqqqOjhhqR
l
2B;[2%;[25<;QnhOov%4jhho
"
" "
!!
#
"
##
#
"
!
!#
"
"46!"/2'"0"187"1X```
inv
nv
:';,$%4"%;
8:,4",82%;
opv
:';,$%4"%;
;%"54$,:%;
25*%3%4<;
B"4<;
!# %$?==F
CEL
HL
%1&!&
#%!#&
JCL
%1&!&
&"!%&
" !'&
)!'&
8:< $%; :';,$%4"%; 8:,4",82%; <%4$4"%
?*3%4<%:Q ;?: 2 $%:4,&:% 8':,5$%
,4<%:"%4;,<,:%O %22% ;U%;< "":?% $% opRkv phRnv $? 8:" <5<2O ? $'<:,3%4< $% 2 8:<
$%; :';,$%4"%; ;%"54$,:%;R %2 <:$?,< ?4
)5:< <<:,< :';,$%4<,%2 $% 2 "533?4% 9?,
;U%D82,9?%45<33%4<$?),<$%Q
; 29?2,<'$%;54"$:%$%B,%P
; ; 85;,<,54 $% 8:5D,3,<' B,;[[B,; $%;
!;;,4; $U%3825,; $% &<%[:54<,*44O
54<8%22,%:5?%4"5:%'F,%:;R
U<<:"<,B,<' $% &F% ;% "54),:3% ? "5?:;
$%; $,D $%:4,&:%; 44'%;Q %4 jhhqO 8:&; $%
$%?D<,%:;]nkOov^$%;3'4*%;5""?84<;$%;
:';,$%4"%; 8:,4",82%; 54< %33'4*' $%8?,;
35,4;$%ih4;P%4B,:54lhv$U%4<:%%?D54<
%33'4*'$%8?,;35,4;$%m4;PinOqv54<
%33'4*'$%8?,;35,4;$%j4;R
1464/;8386$"18
4 "54;'9?%4"%O 2% 8:" $% 25*%3%4<; %;<
:%2<,B%3%4< :'"%4< 8?,;9?% kpOpv $%;
38
5!,4b:!544%?Z"5B,Z3,%4?:E
:';,$%4"%; 8:,4",82%; 54< '<' "54;<:?,<%;
8:&;iqqh
% 8:" 4",%4 :%;<% <5?<%)5,; 454
4'*2,*%!2%Q 8:&; $U?4 9?:< ]jlOmv^ $%;
:';,$%4"%; 8:,4",82%; 54< '<' "54;<:?,<%;
B4<iqlqR
2046)721!8"!R(#="0"18!"7
6$7)!"1"746)1)4/"7PYWW\Q
Z_G_
lhOh
Y`G[
Y_GZ
Y\GW
YZG[
khOh Y[G\ YZGZ
YWG[
YYGZ
X`G\
X^GX
XYG^
jhOh
ihOh
hOh
B4< $%iqlq %iqom %iqqh
iqlq
iqol
iqpq
%4jhhl
&F%
4<54&F%
'8:<%3%4<
1015;"!"0)>)8$
4 jhhq 2U+!,<< ,4$,B,$?%2 "54;<,<?% 2
<E8525*,% $53,44<% $% 2 "533?4%O ;5,<
npOpv $? 8:" $% 25*%3%4<;R : "%<<%
<E8525*,% %;< ;5?B%4< 8%? '"5453% $% 2
:%;;5?:"% )54",&:% 9?, ;% ::'),%O "":5,;;4<
$U?<4< 82?; 2 8:%;;,54 ? $'<:,3%4< $% 2
3,D,<';5",2%R
4jhhqO2%8:""538:%4$8:&;$%$%?D<,%:;
$% *:4$; 25*%3%4<; ]l 8,&"%; 5? 82?;^ %<
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
"%<<% 8:585:<,54 %;< %4"5:% %4 ?*3%4<<,54
8::885:<?$%:4,%::%"%4;%3%4<$%iqqqR
#!-$$$ %$$ '& &% &
.!#%%
EK8G
EI
FB
DI8F
EB
DD8EDD8E
DB8C
DB
!# %$$ %)!?==F
CB
CIFH
B
EKFK
H8K
ED8H
DK8G
DG8D
CE8J
CC8D
J8I
C8J
C8I
C#0
D#0&
0-=DBBK>
E#0&
F#0&
G#0&"(#(&
!'"!0-=DBCB>
1#%' !'=DBCB>
''!)((
''"'
4 %))%<O 2% 453!:% 35E%4 $% 8,&"%; ;U'<!2,<
kOq8,&"%;8::';,$%4"%8:,4",82%%4jhhqP
,2 4U'<,< 9?% $% kOp %4 iqqqR ?;;,O %4 jhhqO
2%; 8%<,<; 25*%3%4<; ]i 5? j 8,&"%;^
:%8:';%4<%4<8%,4%?48%?82?;$U?4$,D,&3%
$? 8:" %< "%<<% 8:585:<,54 %4:%*,;<:% ?4%
;<*4<,548::885:<iqqq]$%ikv$?8:"
$%;:';,$%4"%;8:,4",82%;^R
%2 ;%3!2% "54),:3%: ?4 $'),",< $% 8%<,<;
25*%3%4<; ;?: 2 "533?4%O 9?, 8%?< ;UB':%:
$533*%!2%%4<%:3%;$%3,D,<';5",2%R
))%"<,B%3%4<O?4<%2$';'9?,2,!:%8%?<4?,:%
2U""?%,2 $U?4% 858?2<,54 $,B%:;,),'% ;?: 2%
<%::,<5,:% "533?42O %< %4 8:%3,%: 2,%? ?D
858?2<,54; $,;85;4< $%; :%B%4?; 2%; 82?;
35$%;<%;]2%;0%?4%;O2%;8%:;544%;;%?2%;O2%;
)3,22%;35458:%4<2%;O%<"R^R
39
5!,4b:!544%?Z"5B,Z3,%4?:E
1"2&&6"/28)="&)/"
4 jhhqO 2 305:,<' $%; 5""?84<; $%;
:';,$%4"%; 8:,4",82%; %;< 8:58:,'<,:% $% ;54
25*%3%4<O ;5,< niOnvR %<<% 8:585:<,54 %;<
<5?<%)5,;%4!,;;%8::885:<iqqq]njOmv^
?8:5),<$%;25"<,:%;$54<28:<%4:%*,;<:%
?4% ?*3%4<<,54 ;%4;,!2% ]$% kiOqv kmOkv^R
%4 25"<,54O ;5,< %4B,:54 qOov $? 8:" $%;
:';,$%4"%; 8:,4",82%; ];5,< %4 $%;;5?; $% 2
35E%44% $'8:<%3%4<2% $% ihOnvO $'0
!;;%"%<<%3(3%'859?%>:
% :%<:$ )),"+' %4 <%:3%; $% 8:5$?"<,54
$U+!,<<;5",2%;<$54",385:<4<<4$,;9?%
2$%34$%$%<%2;25*%3%4<;$%3%?:%)5:<%Q
%4 jhhoO ;%?2%; mi $%34$%; $% 25*%3%4<
;5",2 ;?: 2%; ioh '344< $% 3'4*%;
+!,<4<2"533?4%54<'<';<,;),<%;mR
$ &!%$$#.$$!#!$
?==F
E8CL
EG8EL
%"#%1'%&
HC8HL
"'%&
"1&
%'(' !'
%<<% 8:585:<,54 :%;<% ;533% <5?<%
:%2<,B%3%4< 35$%;<%O $? ),< $U?4% ),!2%
5)):% 25"<,B% 9?, 4?,< %4 8:%3,%: 2,%? ?D
):4*%;$%2858?2<,542%;35,4;,;'%;%<%4
8:<,"?2,%:; ?D 0%?4%;O 85?: 9?, 2% 25*%3%4<
25"<,) "54;<,<?% ?4% 8:%3,&:% '<8% $4; 2%
8:"5?:;:';,$%4<,%2R
14672)/)17;&&)718
),!2%;;%$?8:"25"<,);%<:$?,<?;;,8:
?4% ),!2%;;% $? 8:" ;5",2Q %4 jhhpO 2
"533?4% $,;85;% $% lio 25*%3%4<; ;5",?D
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
2"54B,%4<:88%2%:9?%2"533?4%4U%;<8;
;5?3,;% 2U:<,"2% mm $% 2 25, O ;?: 2
8:5$?"<,54$%jhv$%25*%3%4<;;5",?DR
m
5?:"%Q$%2U<<Ojhhp
40
5!,4b:!544%?Z"5B,Z3,%4?:E
!?10)5;"!"/21786;8)211";="
U?:!4,;<,54 "54<%385:,4% $% &F% %;<
)54$'%;?:?4<:&;*:4$453!:%$U58':<,54;
$%25<,;;%3%4<R?"5?:;$%;<:%4<%$%:4,&:%;
44'%; ?4% "%4<,4% $U58':<,54; 54< '<'
:'2,;'%;R
?: 2% $,D $%:4,&:%; 44'%;O jhhh %< jhhi
"538<%4< 8:3, 2%; 82?; $E43,9?%; ;?: "%
824O B%" ?4% ",49?4<,4% $% $5;;,%:;
,4;<:?,<;8:2%;%:B,"%882,"<,54$?:5,<$%;
52; "54"%:44< $%; 25<,;;%3%4<; ;?: 2
"533?4%nR ?: "%; $%?D 44'%;O 82?; $% khh
$5;;,%:; $% %:3,; $% 54;<:?,:% 54< '<'
,4;<:?,<;"+9?%44'%oR
%8?,; 25:;O 2% :E<+3% $% 2 "54;<:?"<,54
4%?B% ;%3!2% ;U,4)2'"+,:O %4 :,;54
B:,;%3!2!2%3%4<$%2U'8?,;%3%4<8:5*:%;;,)
$?)54",%:$,;854,!2%2"54;<:?"<,54R%8?,;
jhhnO?48%?35,4;$U?4%"%4<,4%$%8%:3,;
;54< ,4;<:?,<; "+9?% 44'%R 2*:'
2U,4)2'"+,;;%3%4< %4:%*,;<:'O "% "+,)):% :%;<%
454 4'*2,*%!2% %< ;,*4,),"<,) $U?4% $%34$%
:'%22%%4<%:3%;$%"54;<:?"<,54R
n
5?<%;58':<,54;"54)54$?%;]8%:3,;$%25<,:O
35$,),"<,)O<:4;)%:<^
o
5?<%;58':<,54;"54)54$?%;]8%:3,;$%"54;<:?,:%O
8%:3,;$%$'352,:O35$,),"<,)O<:4;)%:<^
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
"78"7!62)87!"772/7!"YWW]YWXZ
]25=;;%3%4<;^
qh
p
qm
k
qp
k
qq
m
qq
m
ihm
n
ijh
n
iip
k
jhhn jhho jhhp jhhq jhih jhii jhij jhik
5?:"%3,:,%$%&F%
4; "% "54<%D<%O 2% 24 5"2 $U:!4,;3%
$5,< ),D%: 2%; 5!0%"<,); $U""?%,2 $% 858?2<,54
85?: 2%; 44'%; B%4,: %< 2%; 3%<<:% %4
$'9?<,54B%"2%;5!0%"<,);$%8:5$?"<,54$%
25*%3%4<;R
"/1$468"0"18/!"/J
)88
"533?4% $% &F% %;< "54"%:4'% 8: 2%
24 '8:<%3%4<2 $% 2U!,<< ]^ $%
2U':?2< $54< 2%; 5!0%"<,); 54< '<' B2,$'; ?
35,;$%04B,%:jhiiR
%$5"?3%4<O,4;<?:'8:225,$%jhhnO
85?: 5!0%"<,) $% 3%<<:% %4 "5+':%4"% 2%;
852,<,9?%; +!,<< $%; <%::,<5,:%; 25"?D $5<';
5? 454 $% %< $% ;% $5<%: $U?4 "$:%
;<:<'*,9?% <:4;B%:;2 $% 2U+!,<< $4; 2%
$'8:<%3%4< 85?: ?4% 8':,5$% $% n 4;
]jhiiZjhin^R
41
5!,4b:!544%?Z"5B,Z3,%4?:E
Q ?4 24 '8:<%3%4<2 $U"<,54 85?: 2%
5*%3%4< $%; %:;544%; ')B5:,;'%;
]^%;<"54$?,<"5405,4<%3%4<?R
%; 5:,%4<<,54; 8:<*'%; 8: "%; $%?D
$5"?3%4<;;%$'"2,4%4<%4q85,4<;Q
iR 'B%2588%:
8:5*:%;;,B%3%4<
2
"54;<:?"<,544%?B%P
jR U88?E%: ;?: $%; 852:,<'; <%::,<5:,2%;
;;?:4<?4'9?,2,!:%$4;2%$'8:<%3%4<P
kR ;;?:%: ?4% 354<'% %4 8?,;;4"% $%
2U%))5:<$%"54;<:?"<,54$%25*%3%4<;,$'P
lR :5$?,:% $%; 25*%3%4<; <:&; ;5",?D %4
"5+':%4"%B%"2%;!%;5,4;;8'",),9?%;$%;
3'4*%;8:,5:,<,:%;P
mR )),:3%: $%; 8:,5:,<'; %4 3<,&:% $U""&;
?25*%3%4<;5",2P
nR 5!,2,;%: 2% 8:" 8:,B' %D,;<4< %4
"5382'3%4<:,<' $% 2U5)):% 25"<,B%
;5",2%P
oR '+!,2,<%:2%8:"$'*:$'?8:5),<$%;%;
5""?84<;P
pR :,B,2'*,%: 2% 3,4<,%4 $4; 2%; 2,%?D 8: 2
8:'B%4<,54$%;%D8?2;,54;P
qR :*4,;%:O %4<:% 2% %< 2% O
2U""&;?25*%3%4<$8<'R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
54;<:?"<,54
4%?B%Q
8:585;,<,54
$U5!0%"<,);
44?%2;
5?:3'35,:%Q
5!0%"<,);$%
"54;<:?"<,54
4%?B%$4;2%;
%D,;<4<;
5?%4"5?:;$%
),42,;<,54
'F,%:;
'$,<%::4'%
ihhhijhh
qhh
!;77)1!"
(;K$/6')L
XWWWXYWW
nhh
':?2<
'$,<%::4'%
phhihhh
ohhphh
54<8%22,%:
**253':<,54
lhhhmhhh
mhhh
phhihhh
phh
7?:$?"7?:
$U':?2<
,:%
3'<:5852,<,4%
$%2U;<
':?2<,;+5:;
**25
5$'B5,;:F"
,'354<
,<%::5,;
$468"0"18
ijhhilhh
jhhjmh
ihhhijhh
XWWWWXYWWW
iomjhh
iop
!;77)1!"
(;K$/6')L
Y]WZYW
Y_Y
':?2<
'$,<%::4'%
jnhkjh
kqh
54<8%22,%:
**253':<,54
iimhikmh
ijjn
7?:$?"7?:
$U':?2<
,:%
3'<:5852,<,4%
$%2U;<
':?2<,;+5:;
**25
,'354<
,<%::5,;
5?:3'35,:%Q
5!0%"<,);
X )%?,22%$%
:5?<%Y
'F,%:;
'$,<%::4'%
5$'B5,;:F"
Q :,%4<<,54; %4 3<,&:% $% "54;<:?"<,54 4%?B%
]jhii[jhin^
5?:"%Q53,<':'*,542$%2U+!,<<OB:,2jhiiR
:5$?"<,54
44?%22%Z
[Q
8:585;,<,54
$U5!0%"<,);
44?%2;
$468"0"18
inhjhh
jphkmh
oll
mhnh
imhjhh
Y[_\ZWWW
Q :,%4<<,54; %4 3<,&:% $U%))5:< $% "54;<:?"<,54
$%25*%3%4<,$']jhii[jhin^
5?:"%Q53,<':'*,542$%2U+!,<<OB:,2jhiiR
42
5!,4b:!544%?Z"5B,Z3,%4?:E
1-";>H )="67)&)"6 /J2&&6" !" /2'"0"187 "8
46)=)/$')"6/!"17)8$
% 8:" $% 25*%3%4<; $% &F% "544-< ?4%
)5:<% ":5,;;4"% 2U,4;<: $% 2 $'35*:8+,%
"533?42%R , 2% 8:" %;< 82?<6< :'"%4<O ,2
8:';%4<% %4 :%B4"+% ;;%F 8%? $% 3,D,<'P ,2
;% "5385;% %;;%4<,%22%3%4< $% *:4$; 25*%3%4<;
%< ;54 $'B%2588%3%4< :'"%4< %;< )54$' ;?: ?4%
<E8525*,% ;%4;,!2%3%4< $53,44<%Q 2U+!,<<
,4$,B,$?%2 $% <E8% 8B,22544,:%O B5E4< 2% 05?: 2%
82?;;5?B%4<$4;2%"$:%$U58':<,54;;?""%;;,B%;
$%25<,;;%3%4<;R
:O "%<<% <E8525*,% %;< 82?<6< ""%;;,!2% ?D
<:4"+%; 2%; 82?; ,;'%; $% 2 858?2<,54O ?
$'<:,3%4< $% 2 3,D,<' ;5",2%Q 8: $'),4,<,54
2U+!,<< 8B,22544,:% 4'"%;;,<% $% *:4$; <%::,4;
%< $54" ?4 ,4B%;<,;;%3%4< )54",%: "54;'9?%4<R 2
,4$?,< '*2%3%4< ?4 $'B%2588%3%4< ?:!,4 ;;%F
"54;533<%?:$%2:%;;5?:"%)54",&:%Q"%28%?<
;UB':%:8:5!2'3<,9?%$4;?4"54<%D<%5@"%22%[
",<%4$;%::'),%:]""%4<?<,54$%28:%;;,54^R
%<<% <E8525*,% ;% 8:(<% ?;;, 35,4; !,%4 9?%
$U?<:%; 2 ":'<,54 $% 25*%3%4< ;5",2 ]8:
%D%382%O2U+!,<<"522%"<,)8%:3%<$%3?<?2,;%:2%
)54",%: %< $54" $U%4 35,4$:,: 2% "5A<^P "U%;<
$U?<4< 82?; 8:5!2'3<,9?% 9?% 2% $'),",< $%
2U5)):% 25"<,B% %< 45<33%4< 25"<,B% ;5",2% 4%
8%:3%<8;$%:'854$:%2U'<%4$?%$%2$%34$%
"533?42%R
4),4O 2% $'B%2588%3%4< $%; 25<,;;%3%4<; X?
"5?8 8: "5?8Y 8%?< 4?,:% 2 9?2,<' %< 2
;<:?"<?:<,54$?<,;;??:!,4R
U%;< 85?:9?5,O B%" 2% O 2% 8:50%< "533?42
$5,< $'),4,: ?4% 852,<,9?% *25!2% %4 <%:3%;
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
$U""?%,2 $% 858?2<,54O $% 25*%3%4< %< $%
$'B%2588%3%4<?:!,485?:Q
y 'B%2588%:2%8:"25"<,)%<45<33%4<2%8:"
25"<,);5",2
5?: 8:';%:B%: ?4% "%:<,4% 3,D,<' ;5",2% %<
*'4':<,544%22%O ,2 ;U*,< 45<33%4< $% 8%:3%<<:%
2% 3,4<,%4 5? 2U""?%,2 $%; 0%?4%; ];%?2; 5? %4
"5?82%;^ 85?: 2%;9?%2; 2% 25*%3%4< 25"<,) %;< 2
8:%3,&:%'<8%$?8:"5?:;:';,$%4<,%2R
y ,3,<%:2U'<2%3%4<?:!,4
),4 $% 2,3,<%: 2U'<2%3%4< ?:!,4O 2
"54;533<,54$U%;8"%$5,<(<:%3,<:,;'%R
4; 2%; ::%; ;%"<%?:; $U%D<%4;,54O ,2 "54B,%4<
$54" $% )B5:,;%: ?4% "%:<,4% $%4;,<'Q 2%;
58':<,54;$U%4;%3!2%]2)5:3%3,<:,;'%^%<2
$,B%:;,),"<,54$%;<E8%;$%25*%3%4<;]+!,<<
43
5!,4b:!544%?Z"5B,Z3,%4?:E
"522%"<,)O *:5?8' 5? %4 !4$%O 82?; $%4;%; %< 82?;
8<%; :'854$:% ?4% $%34$% B:,'%^O $5,B%4<
(<:%8:,B,2'*,';R
y %45?B%2%:2%<,;;?%D,;<4<
4; ?4 "54<%D<% $% ::')"<,54 $% 2 :%;;5?:"%
)54",&:%O $%; ;52?<,54; $5,B%4< (<:% :%"+%:"+'%;
?;;,$?"6<'$?:%45?B%22%3%4<?:!,4%<O$4;2
3%;?:% $? 85;;,!2%O $% 2 $%4;,),"<,54 $? <,;;?
%D,;<4<R % ),< 9?% 2 B"4"% ;5,< ;;%F
,385:<4<% ]nOkv^O ;?8':,%?:% mv $? 8:" $%
25*%3%4<; $% 2 "533?4%O 5)):% ?4 85<%4<,%2 $%
:%45?B%22%3%4<?:!,44544'*2,*%!2%R
:'+!,2,<<,54 $%; 25*%3%4<; $'2!:'; 9?U,2
"54B,%4$:,< $U%4<:%8:%4$:% $4; 2% "7?: $% B,22%
:'854$ ?;;, $% "%<<% 25*,9?% $% :',4B%;<,;;%3%4<
$%2U%D,;<4<R
,*4,),"<,54$%;",*2%;Q
x"%:<,),"<?:!4,;3%O
x$'"2:<,54$%<:B?DO
x25<,;;%3%4<O
x25<,;;%3%4<35$,),"<,)O
x25<,;;%3%4<<:4;)%:<O
x8%:3,;$%"54;<:?,:%O
x8%:3,;"54;<:?,:%35$,),"<,)O
x8%:3,;"54;<:?,:%<:4;)%:<O
x:%4;%,*4%3%4<$U?:!4,;3%O
x$'"2:<,54$U,4<%4<,54$U2,'4%:
x$'"2:<,548:'2!2%O
x8%:3,;$U3'4*%:R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
/#9"#7>18)$7#"#/">10*59#96*1##186#XVVZTXVV_G
296 #FG
44
5!,4b:!544%?Z"5B,Z3,%4?:E
:('(&#
1"/6'"468;>7"6=)"7
#<.%$$%$!#$%&#
<%'%.&>#'#?=>>
!(&'%
"!&'%('"!
"
%'%1#%'"!&
!&'%'"!#($('
CD8DL G8IL
CG8GL
HH8HL
17#0/# "#7 8*;*8%7 )267 (6* 9/896#D "%'#17# #8 *18%6*0
296 #F17##DP*6$1#QG
U,4$?;<:,% %< 2 "54;<:?"<,54 :%8:';%4<%4<
YXGYc !"7 "186"46)7"7 ]+5:; *:,"?2<?:%^ %<
X[G]c$%;%3825,;R
\WY 68)717 "8 200"6 187 7218 6""17$7
;?:2"533?4%$%&F%%4jhihR%;%"<%?:
2,3%4<,:% :%8:';%4<% 2 82?; *:5;;% 8:< $%
2U%3825,<5?<%;"<'*5:,%;"54)54$?%;R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
%; "<,B,<'; ;% :'8:<,;;%4< $4; 2%;
8:585:<,54;
;?,B4<%;
]%4
453!:%
$U%4<:%8:,;%;^Q
• Q
• 3%?!2%3%4< Z '"5:<,54 Z
!,<<y35,4;$%ihO
• ?<535!,2%; Z '+,"?2%; y
%4B,:54imO
• 2,3%4<<,54 Z :%;<?:<,54 y
%4B,:54imhO
• '<,2y%4B,:54jhO
• :5;y%4B,:54mhO
• !,22%3%4<y35,4;$%ihO
• 5$%b%?<'y%4B,:54imO
• 5E*%; b 5?:,;3% y 35,4;
$%ihO
• 85:<;b5,;,:;y35,4;$%ih
• ?2<?:%y35,4;$%ihR
• Q
• ;;,4,;;%3%4<y35,4;$%ihO
• ;;?:4"%;y35,4;$%ihO
• ,44"%;y35,4;$%ihO
• 38:,3%:,% Z $,<,54; Z
:%8:5$?"<,54y35,4;$%ihO
• $?"<,54y35,4;$%ihO
• 335!,2,%:y%4B,:54nhO
• 4)5:3<,9?%y35,4;$%ihO
• %:B,"%; ?D 8%:;544%; y
35,4;$%ihO
•
•
•
•
%:B,"%; ?D %4<:%8:,;%; y
%4B,:54khO
4<' Z "<,54; ;5",2%; y
%4B,:54ihO
:4;85:<;y35,4;$%ihR
Z
Z
Q
• *:,"?2<?:% Z "+;;% y %4B,:54
jhO
• 4$?;<:,%; 2,3%4<,:%; y
35,4;$%ihO
• '<,%:; $% 2 %: y 35,4; $%
ihO
• ("+% b 9?"?2<?:% y
%4B,:54khO
• '<,%:;$U:<y%4B,:54imO
• <,3%4<y%4B,:54lhO
• 2%"<:,",<'y35,4;$%ihO
• :B,2$%;3'<?Dy35,4;$%
ihR
45
5!,4b:!544%?Z"5B,Z3,%4?:E
"74)8$782;6)78)5;"7
U%4B,:544%3%4< 25"2 $% 9?2,<' %<
2U5?B%:<?:%;?:2%;3,2,%?D2"?;<:%;;;5",';
?4% $%;;%:<% "54B%4!2% 8: 2%; *:4$; D%;
$% <:4;85:<; ]?<5:5?<% q %4 8:<,"?2,%:^ ;%
8:(<%4<!,%4?$'B%2588%3%4<$?<5?:,;3%R
%; "8",<'; $U+'!%:*%3%4< ;54< %4
8:5*:%;;,54 Q?i%: 04B,%:jhiiO2"533?4%
$% &F% "538<% $%?D +6<%2; 85?: ?4%
"8",<'<5<2%$%kl"+3!:%;R4<:%jhho%<
jhiiO 2 "533?4% %4:%*,;<:' 2 ":'<,54
$U?4 45?B%2 +6<%2 k '<5,2%; $U?4% "8",<' $%
jj"+3!:%;R
"533?4% $,;85;% ?;;, $U?4 "38,4* ]k
'<5,2%;^ 9?, <5<2,;% jkl %382"%3%4<; ? i%:
04B,%:jhiiR%;"8",<';;54<;<!2%;$%8?,;
jhhoR
?hiRhiRjhii
6<%2;
+3!R
6<%2;
+3!R
4;%3!2%
j
kl
i
ij
h'<5,2%
i'<5,2%
h
h
h
h
h
h
h
h
j'<5,2%;
k'<5,2%;
i
ij
i
ij
i
jj
h
h
"%2;U05?<%4<?;;,%4jhiiQ
; i 25"<,54 $% 3%?!2' 2!%22,;'%
]"8",<'<5<2%Qj8%:;544%;^P
; im 25"<,54; $% 3%?!2'; "2;;'%;
]"8",<'<5<2%Qmp8%:;544%;^P
; m"+3!:%;$U+6<%;P
; q 25"<,54; $U88:<%3%4< B, *%4"%
]"8",<'<5<2%Qkq8%:;544%;^R
4),4O%4<%:3%$U+'!%:*%3%4<<5?:,;<,9?%O2
"533?4%$%&F%8%?<?;;,"538<%:;?:?4
,385:<4<8:"$%:';,$%4"%;;%"54$,:%;]nqi
25*%3%4<;%4jhho^R
?hiRhiRjhho
l'<5,2%;
h
h
h
h
5?82?;
5?:"%Q 4;%%O ,:%"<,54 $? <5?:,;3% [ +'!%:*%3%4<;
<5?:,;<,9?%;
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
?hiRhiRjhii
%::,4;
382"R
4;%3!2%
i
i'<5,2%
h
j'<5,2%;
k'<5,2%;
l'<5,2%;
?hiRhiRjhho
%::,4;
382"R
jkl
i
jkl
h
h
h
h
h
h
h
i
jkl
i
jkl
h
h
h
h
5?:"% Q 4;%%O ,:%"<,54 $? <5?:,;3% [ +'!%:*%3%4<;
<5?:,;<,9?%;
46
5!,4b:!544%?Z"5B,Z3,%4?:E
"7200"6"7
":<% ",["54<:% ,22?;<:% 2 :'8:<,<,54 $%;
8:,4",8?D "533%:"%; ;?: 2 "533?4%R 4 45<%
9?%282?8:<$%;"<,B,<';"533%:",2%;5""?8%4<
2%; 9?:<,%:; 8':,8+':,9?%; ? "%4<:% 3'$,'B2O
;5?)):4< $% "54<:,4<%; $U""%;;,!,2,<' 2,'%; ;
$%4;,<'R
%; :?%; "533%:#4<%; %4<5?:%4< 2%; %;8"%;
8,'<54;30%?:;O":'4<?4%:%2<,54$U,4<%:"<,B,<'
%4<:% 2 )5:3% $% 2 B,22% %< 2U<<:"<,B,<'
"533%:",2%R 4 45<% 9?% 2%; <E8525*,%; ?:!,4%;
$%4;%;O 3,D<%; %< 5:$5444"'%; ?<5?: $U%;8"%;
8?!2,"; ;<:?"<?:4<; )B5:,;%4< 2% $'B%2588%3%4<
"533%:",2R %; %;8"%; "533%:",?D
];?8%:3:"+';O ;<<,54;[;%:B,"%^ ;% ;54< ,3824<';
;5,< %4 %4<:'% $% B,22% 2% 254* $% 2 nik ]D%
30%?:^ ;5,< %4 8':,8+':,% $? "%4<:%R %; !%;5,4;
%4 :%;;5?:"%; )54",&:%; $% "% <E8%
$U,4):;<:?"<?:%; $'8%4$4<%; $% 2U""%;;,!,2,<'
?<535!,2% 88%22%4< $%; $%4;,<'; ?:!,4%;
35,4$:%;R ,; ?4% :"+,<%"<?:% 82?; ?:!,4%O
"54",2,4<?4%3,D,<'B%:<,"2%$%;)54"<,54;?:,<
8? (<:% $'B%2588'%O "% 9?, ?:,< %? ?4 ,38"<
85;,<,)<4<;?:2%8E;*%?:!,49?%;?:2B,%$%
9?:<,%:R
%; 9?,; $? 5:< $% 2,;4"% 9?4< %?D ;54<
8:58,"%;2U""?%,2$U'<!2,;;%3%4<$%25,;,:;%<$%
:%;<?:<,54R
2 E $54" ?4% <:,82% :%2<,54 $%4;,<' Z 3,D,<' Z
""%;;,!,2,<' 9?, "54$,<,544% 2U<<:"<,B,<' %< 2
$E43,9?%$U?4%;8"%"533%:",25?$U?4"%4<:%
"533%:#4<R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
%;:?%;"533%:#4<%;
%;%;8"%;"533%:",?D
6%468*8*21"#7 200#6 #7796/ 20091#G
47
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
H"7$5;)4"0"187786;8;6187
,*.#)&'-,).%#,
&F% %;< ?4% B,22% *25!2%3%4< !,%4 $5<<'%
$U'9?,8%3%4<; 8?!2,";R 4 :,;54 $% ; 85;,<,54
2,<<5:2% ;?: 2U'<4*O ?D ;%:B,"%; %< '9?,8%3%4<;
'2'3%4<,:%; ]3,:,%O '"52%O 85;<%O ;22%;
852EB2%4<%;^ ;U05?<% ?4% ;':,% "5382&<%
$U'9?,8%3%4<; ;85:<,); %< $% 25,;,:;O "533% %4
8:<,"?2,%:?4%"8,<,4%:,%5??4"%4<:%$%B5,2%R
B,22% "538<% ?;;, ?4% !544% :3<?:%
$U'9?,8%3%4<; $% ;4<'O "% 9?, %4 *:'3%4<% 2
9?2,<' $% B,%O %< 85;;&$% ?4 %4;%3!2%
$U'<!2,;;%3%4<;;"52,:%;:%2<,B%3%4<"5382%<R
2 /*78*21"#746*1 *49=%59*4#0#18749/* 7796/;*//#G
48
5!,4b:!544%?Z"5B,Z3,%4?:E
"7$5;)4"0"187!0)1)7868)&7S72);>H
"533?4% !'4'),",% $U?4% !544% "5?B%:<?:%
$U'9?,8%3%4<; $3,4,;<:<,);O $54< 2% 8:,4",82
:%;<%2,:,%R3,:,%:%*:5?8%2U%4;%3!2%$%;
;%:B,"%;$3,4,;<:<,);%<",B,9?%;O%<;%;,<?%4<;?:
?4% 82"% 8,'<544% %4 "%4<:%[B,22% ]2"% :,;<,$%
:,4$^O "% 9?, %4 )",2,<' 2U""%;;,!,2,<' %< 9?, %4
:%4)5:"%2"%4<:2,<'RU%;<?4'9?,8%3%4<30%?:
85?: 2 "533?4%R 4% 3,:,% 44%D% %;<
'*2%3%4< 8:';%4<% $4; 2% + <%? ,::$O %<
""?%,22% 2% !?:%? $%; ;;5",<,54; %< $%;
)%;<,B,<';R 4% ;%"54$% 3,:,% 44%D% '<'
3'4*'%;?:2U4",%44%"B%"558':<,B%R
&F% ""?%,22% '*2%3%4< 2% ;,&*% $% 2
533?4?<' $% 533?4%; 5:$ $? ;;,4 $%
+?;,<?'$4;2%! <,3%4<$%28,<,4%:,%%<$%
2U*%4"% $U:!4,;3% ? !5?< $? ?, 8<,;<%
?,<:$R
&F% 85;;&$% '*2%3%4< ?4% 5;<%R 5"2,;'% ;?:
2UB%4?% $? '4':2 % ?22%O %22% %;< ;,<?'% 8:5D,3,<' $U?4 "%4<:% "533%:",2 ?:!,4 ,4;':' 8:5D,3,<' $? "7?: $% B,22% %< *'4':4< ?4%
"%:<,4%<<:"<,B,<'R
%; '9?,8%3%4<; ;5",?D "5::%;854$%4< ?D
!%;5,4;$U?4%858?2<,54$54<2%;:%B%4?;35E%4;
4%;54<8;2%;82?;'2%B';$?$'8:<%3%4<%<$54<
2$%34$%$%;5?<,%4%;<,385:<4<%R,4;,O5?<:%
23,;54$%2U%3825,O2%62%5",2;;?:%?4:62%
$% "5+';,54 %4 8:585;4< 45<33%4< 2% ;?,B, $%;
O2U,$%?25*%3%4<O85:<*%;$%:%8;R
]U%4;%3!2% $%; ;%:B,"%; 3?4,",8?D %< ;5",?D $'2,B:'; 8: 2
3,:,%;54<$'<,22';$4;2%"+8,<:%;?,B4<R^
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
&F%"538<%'*2%3%4<?4%";%:4%$%8538,%:;
9?, 8%:3%< $U;;?:%: ?4% ;'"?:,<' )"% ?D
,4"%4$,%; ?:!,4; %< 2U,$% $U?:*%4"% ]8:%3,%:;
;%"5?:;^R "%2 ;U05?<% 2 45?B%22% ";%:4% $%
%4$:3%:,%9?,*:4<,<2;'"?:,<'3?4,",82%R%
;,<% $% 2U4",%44% ";%:4%O 2% 254* $% 2 nik
8:';%4<% ?4 "%:<,4 ,4<':(<O $% 8: ; 25"2,;<,54
;<:<'*,9?%%4<%:3%;$%:'*'4':<,54?:!,4%R]?4
;%:B,"% $U?:*%4"% %%1[%4$ %;< ?;;, ;;?:' %4
3,:,%R
9#7 796 / *6*#D / 278# #8 / 7#61# "# 4204*#67G
296 #F22(/#047G
!,!2,5<+&9?%5)):%?42:*%"+5,D$%2,B:%;%<$%
$5"?3%4<<,54;O 45<33%4< 2U?;*% $%;
;"52,:%;R22%5)):%'*2%3%4<$%;%;8"%;$8<';
?D%4)4<;%<?D"<,B,<';3?2<,3'$,;%<8%:3%<
?4 ""&; 2,!:% ,4<%:4%< %< 8:';%4<% ?4% ;22%
$U%D85;,<,54R 22% ,4<&*:% ?;;, 2%; :"+,B%;
3?4,",82%;R ,;O ;,<?'% ;?: 2 2"% $% 2U4",%4
5;8,"%O%4:%<:,<$%22"%8<,;<%,+?O%22%
;5?)):%9?%29?%8%?$U?4%25"2,;<,54%4"2B'%9?,
35,4$:,<;B,;,!,2,<'%<;54<<:"<,B,<'R
?D '9?,8%3%4<; 8?!2,"; ;U05?<% ?4% !<<%:,%
$U;;5",<,54; %< $U?<:%; ;<:?"<?:%; 8:,B'%; 9?,
"54<:,!?%4< 2U"<,54 ;5",2% "533?42%R ]")
"+8,<:%;?,B4<^
"7$5;)4"0"187;/8;6"/7"8!"/2)7)67H
&F% %;< ;;%F :,"+% %4 '9?,8%3%4<; "?2<?:%2; 5?
$% 25,;,:;O %4 *:4$% 8:<,% *: "% ; ;,<?<,54
2,<<5:2%9?,*'4&:%?4%"<,B,<'<5?:,;<,9?%%;<,B2%
%< ,4$?,< $%; !%;5,4; 2,'; ? 4?<,;3% 9?% 2%;
?<:%;"533?4%;4U54<8;R
49
5!,4b:!544%?Z"5B,Z3,%4?:E
% ?:?; %;< ?4 %;8"% "?2<?:%2 9?, ""?%,22% ?4
",4'3O?4"%4<:%$U:<%<$U%;;,;%<$%;;22%;$%
"54)':%4"%R 2 05?D<% '*2%3%4< ?4 %;8"% ;85:<,)
]%44,;w"%4<:%?<,9?%^%<;%;,<?%;?:2:?%$%
2 '$,<%::4'% 9?, !5:$% 2U'<4* $% +? 2
;5:<,% ?$[?%;< $? "%4<:% B,22%R :585;4< ?4%
<:,),"<,54<<:"<,B%]ne82%,4^O2%",4'38:585;%
?4%$,F,4%$%;'4"%;8:;%3,4%8:2$,))?;,54
$%;$%:4,%:;),23;R
,"+% $% $'"5?B%:<%; :"+'525*,9?%; %<
82'54<525*,9?%; %4 8:<,"?2,%: ;?: $%; 7?); $%
$,45;?:%;)5;;,2,;';O2B,22%3'4*';?:2%5:$
$%;54<%::,<5,:%O2%?;'%$%;,45;?:%;O9?,%;<
2% 82?; *:4$ %;8"% X3?;'%[8:"Y $'$,' ?D
$,45;?:%; %4 ?:58%R ?,B4< ?4 8:"5?:;
3'4*' $% m+ ? "7?: $% 2 8,4&$%O 2% B,;,<%?:
8%?< $'"5?B:,: $,))':%4<; 844%?D $U%D85;,<,54;O
$%;35$&2%;:%8:5$?,<;'"+%22%i%<$%B':,<!2%;
;9?%2%<<%;R %:<,4; )5;;,2%; :%354<%4< [oh
3,22,54;$U44'%;%4B,:54R
2*:' ; ;,<?<,54 !24',:% $% 2 B,22% %< 2
:,"+%;;% $% ;54 <%::,<5,:% %< $% ;54 8<:,35,4% 2
B,22% 4% "538<% 82?; $U)),"% $% 5?:,;3%R ,;O
"+9?% 44'% 2 B,22% 8:<,",8% '*2%3%4< ?
X%;<,B2 $% +?YO 9?, )?< ? $'8:< ,4,<,' %4
iqqi;?:2"533?4%;U88%24<2%%;<,B2$%FF
2;?"%3'F5,;%YR?05?:$U+?,,2$'B%2588%$%;
"<,B,<'; 3?;,"2%; <5?< 2% 35,; $% 0?,22%< ;?: 2%;
"533?4%; $% &F%O :54<,*44O :;%,224O
5?F,*?%;O 5?8,4 %< ,*%4 ;?: $%; <+&3%;
X5:2$3?;,"Y5?X5?B%22%;"&4%):4#,;%YR
&F%O 2 ;"&4% %;< ,4;<22'% ;?: 2% 85:<O $% 2U?<:%
"6<'9?%28,<,4%:,%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
%; ?<:%; '9?,8%3%4<; $% 25,;,:; "54"%:4%4< 2%;
"<,B,<';;85:<,B%;5?2U+'!%:*%3%4<<5?:,;<,9?%%<
;% ;,<?%4< ;?: 2%; ;,<%; $? ?:?; %< $? %;9?,%:;O
;?:2%;!5:$;$?824$U%?R
•
9#7 796 / */*28)$59#D /# *1%0 #8 /# 6 "#7
*12796#7G296 #7F22(/#047T /* )%4#67211#/G
&F% 5)):% ?;;, ?D +!,<4<; $% 453!:%?;%;
;22%;852EB2%4<%;$54<Q
• % 5E%: ?4,",82 y ;22%O ;8%"<"2%O
8%:33%4"%;5",2%];824$%^
• ,;54 $% 2 %: y :'?4,54;O
"54)':%4"%;O ;;5",<,54; ]?, 8<,;<%
?,<:$^
• % 385<%2 y ;22% $% ph 8%:;544%;
]%;9?,%:;^
• B2%:,% y ;22% $% lh 8%:;544%; ]?%
$%2U5:25*%^
• ?"%22% y ;22% $% mh 8%:;544%; ]BR $?
,4^
•
•
% ?:?; y m ;22%; 85?: $%; )5:3<,54;
$%nmh82"%;]?%'$,<%::4'%^
,;54 $? %38; ,!:% y *:4$% ;22%O
;;5",<,54;Z8:<,"?2,%:;R
+, $? + <%? ,::$ w 4",%44% B%
558':<,B%yj;22%;]?;*%;$,B%:;^R
50
5!,4b:!544%?Z"5B,Z3,%4?:E
"7$5;)4"0"187$!;8)&7"8/)$7/-";1"77"H
&F% %;< *25!2%3%4< !,%4 $5<'% %4 3<,&:%
$U'9?,8%3%4<;;"52,:%;R
B,22%"538<%%4%))%<82?;,%?:;*:5?8%;;"52,:%;
$%23<%:4%22%28:,3,:%O%<?4"522&*%lhhQ
• j '"52%; 3<%:4%22%;Q 2U'"52% %:3,4%
5<E ]jim '2&B%; :'8:<,; ;?: m "2;;%;^ %<
2U'"52% ?2%; %:4%R ]ijm '2&B%; :'8:<,;
;?:p"2;;%;^R
• k '"52%; 8:,3,:%;Q 2U'"52% ?2%; %:4%
]iqj '2&B%; :'8:<,; ;?: p "2;;%;^O 2U'"52%
%5:*%; 2'3%4"%? ]joq '2&B%; :'8:<,;
;?: ii "2;;%; w i $% ih '2&B%;^ %<
2U'"52%'2,4<+%]ill'2&B%;:'8:<,;;?:n
"2;;%;^R
• i '"52% 8:,B'%Q 2U'"52% 2%4$:%< :$54,2+]ph'2&B%;:'8:<,;;?:j"2;;%;
3<%:4%22%;%<j"2;;%;'2'3%4<,:%;^
• i "522&*%Q 2% "522&*% %4 ?:&; ]lhh
'2&B%;\*%;<,54$'8:<%3%4<2%^R
5?: 2%; '9?,8%3%4<; ;"52,:%; "533?4?D
]3<%:4%22%; %< 8:,3,:%;^O 2 "533?4% ""?%,22%
$54"ihlm'2&B%;:'8:<,;;?:km"2;;%;R2U+%?:%
"<?%22%O 2 858?2<,54 ;"52:,;'% :%8:';%4<%
%4B,:54 ihv $% 2 858?2<,54 <5<2%R %254 2%;
5:,%4<<,54; $? 5 $? ;;,4 $% +?O &F%
$%B:,< ""?%,22,: wknhh +!,<4<; $U,", ?4%
B,4*<,4% $U44'%;R :<4< $% "% 85;<?2<O ;, 2U54
3,4<,%4< 2 8:585:<,54 "<?%22% %4 3<,&:% $%
;"52:,;<,54O ,2 "54B,%4$:,< $U""?%,22,: %4B,:54
knh '2&B%; ;?882'3%4<,:%;O "% 9?, "5::%;854$:,<
?4 8%? 82?; $U?4% $,F,4% $% "2;;%;O <5?<%;
;%"<,54; "54)54$?%;R U%D<%4;,54 $%; *:5?8%;
;"52,:%; %D,;<4<; 5? 2 ":'<,54 $U?4 45?B%2
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
'<!2,;;%3%4<;54<$54"%4B,;*%:85?::'854$:%
?D!%;5,4;)?<?:;R
48:22&2%$%2U%4;%,*4%3%4<8:58:%3%4<$,<O?4
;%:B,"% $U""?%,2 ;"52,:% %;< 8:585;' $4; "+9?%
'"52%O%<2%;"?,;,4%;"%4<:2%;$%2B,22%]:?%$%2
'$,<%::4'%^ ;;?:%4< 2%; :%8; $%; %4)4<;R %
;%:B,"%;"52,:%$%23?4,",82,<'%;<,4;<22'$4;
23,:,%44%D%$?+ <%?
,::$R
4%'"52%$%3?;,9?%O;?:22"%8<,;<%,+?
;<:?"<?:'% ;?: ?4% '9?,8% $U?4% $,F,4%
$U%4;%,*44<;O 8%:3%< 2U88:%4<,;;*% $%
453!:%?D,4;<:?3%4<;O"533%2%8,45O2*?,<:%O
2%; 8%:"?;;,54;O 2% B,5254 %< 2% B,5254"%22% %< $%
453!:%?D ,4;<:?3%4<; B%4<R 5;;'$4<
'*2%3%4< ?4 5:"+%;<:%O 2U'"52% 8%:3%< ?;;, 2
8:<,9?%$%2"+5:2%R
U?<:%; %;8"%; $'$,'; 2 0%?4%;;% ;54<
8:';%4<;O "533% U;8"% %?4%;O !5?2%B:$ ?2
2':EO 8:585;4< $%; 4,3<,54; 8:<,",8<,B%;O
;85:<,B%;%<2?$,9?%;R
%?D "%4<:%; ':'; ]%4<:% $% 5,;,:; 4;
'!%:*%3%4<\^8%?B%4<""?%,22,:2%;%4)4<;
85?:$%;"<,B,<';%D<:;"52,:%;Q
• %; %;9?,%:; ]:?% $? <$%O ?<5?: $U?
824$U%?^
• U-2%E;<':,%?;%]BR $?,4^R
9#7796/I% 2/#9/#7#61#D/#
I+/#>78%6*#97##8
/#2//$(#G296 #7F22(/#047T0*6*#G
51
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
$468)8)21!"7"&&"8)&7!"7$2/"746)0)6"7Q
5?:"%QR
52
5!,4b:!544%?Z"5B,Z3,%4?:E
"7$5;)4"0"18774268)&7H
&F% "5385:<%4< $% 453!:%?D '9?,8%3%4<;
;85:<,);O ;5?B%4< %4 2,%4 B%" 2U%4;%,*4%3%4<
;"52,:%O5?$'$,'?4?<,;3%R%B;<%%;8"%$%;
%;9?,%:;O%4<5?:4<2%2"%<)5:34<?4%!;%$%
25,;,:; 8:5D,3,<' $? "%4<:%O "5382&<% 2%;
'9?,8%3%4<; !24',:%;R U5)):% %;< $54" :,"+%O
;<:?"<?:'% ?<5?: $%; 824; $U%?Q 85:<;O 82*%;O
2"R
y%"5382%D%?<5?:$??:?;Q
% 2,%? :%*:5?84< <5?< ?4 %4;%3!2%
$U'9?,8%3%4<; ;85:<,); %< "?2<?:%2; ;% ;,<?% ;?: 2
:?%$%2'$,<%::4'%O;?:2%;:,B%;$%2U'<4*$%
+?R 4 <%:3%; $U'9?,8%3%4<; ;85:<,);O ,2
"5385:<%Q
• i $505 y :<; 3:<,?DQ 0?$5O 1:<'
];?:)"%Qiloh3r^O
• l "5?:<; $% <%44,; $% 82%,4 ,:Q j %4
;?:)"%$?:%wj%4<%::%!<<?%R
• i E"+<["2?! y 824"+%; B5,2%;O 58<,3,;<
b"<3:4R
y%"5382%D%$?%;9?,%:;Q
?<5?: $? 2"O l <%::,4; $% ;85:< B%" *:$,4;
8%:3%<<%4< 2 8:<,9?% $? )55<!22 %< $? :?*!ER
U?<:%; "<,B,<'; $% 25,;,:; E ;54< '*2%3%4<
8:<,"!2%;O !'4'),",4< $U?4 "$:% 8E;*%: $%
*:4$%9?2,<'O2%;8:53%4$%;O"5?:;%;8,%$;5?
:4$544'% "E"2,;<%; E ;54< )B5:,;'%;R 4 ;1<%
8:"$%B:,<E(<:%8:5"+,4%3%4<3'4*'R
y%;*E34;%; Q
j *E34;%; ;54< "<?%22%3%4< 2 $,;85;,<,54 $%;
+!,<4<;Q
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
y%;;85:<;<:$,<,544%2;Q
% <3!5?:,4 8%?< ;% 8:<,9?%: $4; 2 ;22%
%:4:$ %?O 3,; '*2%3%4< ;?: ?4 <%::,4
;8'",),9?% +%3,4 $% 2U;"5?2$5?R 8'<49?%
8%?< ;% 8:<,9?%: ;?: j !5?25$:53%;Q "%2?, $% :'% ]+%3,4 $% 2U<4*^ %< "%2?, $% 5?2%
$UF?:]?%$%;544%2,%:;^R
y%;;85:<;4?<,9?%;%<282,;4"%Q
2?;,%?:; 85:<; $% 82,;4"% 02544%4< 2% 2,<<5:2
3'F5,;;?:2%!;;,4$%+?Q
• % 5:< $% 2,;4"% y %4<:% B,22%Q ijm
%382"%3%4<; 85?: 2%; !<%?D $%
82,;4"% %< lo 85?: $%; !<%?D $%
8("+%R
• %5:<?D"%22%;y+%3,4$%2U<4*Q
mh %382"%3%4<; 85?: 2%; !<%?D $%
82,;4"%%<oj85?:2%;!<%?D$%8("+%R
U%;<2%82?;4",%4$%2"533?4%R
• %5:<$??:?;y"5382%D%$??:?;Q
%4B,:54 ?4% ;5,D4<,4% $U%382"%3%4<;
85?: 2%; !<%?D $% 82,;4"% %< 2%;
%3!:"<,54;$?E"+<["2?!R
9#7796/#78"#"9#759*#67D/#(>017#"#278##8
/#7 8*;*8%7 198*59#7 "9 )8M/9G 296 #7F 22(/#
047T0*6*#G
•
•
% *E34;% $% 5;<% y "6<' $?
"522&*%Q;85:<;"522%"<,);]B522%EO+4$!22O
!;1%<!22^
% *E34;% %:4:$ 0%? y ?%
'$,<%::4'%Q %4<:% 4<,542 $% <%44,;
$% <!2% %< ;22% 3?2<,;85:<; ]!$3,4<54O
8<,4*%:<,;<,9?%;?::5?2%<<%;O
^R
53
5!,4b:!544%?Z"5B,Z3,%4?:E
,,+/#,).%#,
%; ;%:B,"%; 8?!2,"; %< 3?4,",8?D ;54< 453!:%?D
;?:2"533?4%O:%2<,);?453!:%$U+!,<4<;%<
2 !544% "5?B%:<?:% %4 '9?,8%3%4<; 8?!2,"; $%
2B,22%R
3,:,% "54"%4<:% 2U%4;%3!2% $%; ;%:B,"%;
$3,4,;<:<,); %< <%"+4,9?%; $U?4% B,22% $% ihhhh
+!,<4<;OB%"%4<:%;?<:%;Q
• 4;%:B,"%$U<<",B,2O
• 4;%:B,"%2%"<,54;O
• 4% "8,<,4%:,% ]4<%44% 25"2,;'% 2U%4<:'%$?5:<$%2,;4"%^O
• 4 ;%:B,"% "533%:",2 %< $53,4% 8?!2,"
]?<5:,;<,54; $% B5,:,%O <%::;;%;O
3:"+';O%<"R^O
• 4 ;%:B,"% $%; )),:%; ;"52,:%; %<
0%?4%;;%]'"52%;w"<,B,<';8':,;"52,:%;^
• 4;%:B,"%$U:*%4"%;%%1[%4$O
• 4;%:B,"%$%;%?DO
• 4;%:B,"%$%852,"%3?4,",82%O
• 4 ;%:B,"% $%; )),:%; "?2<?:%22%;
])%;<,B,<';O;;5",<,54;O8:5<5"52%^R
,;%482?;$%"%<%4;%3!2%$3,4,;<:<,)O2
B,22% ;U%;< $5<'% $U?4 %4;%3!2% $% ;%:B,"%;
;5",?D 9?, *:'3%4<%4< 2 9?2,<' $% B,% ;?:
2"533?4%R,4;,O2%62%5",2:%*:5?8%Q
• 4%;;,;<4"%;5",2%O
• %; ;5,4; ,4),:3,%:; 85?: 2%;
8%:;544%; *'%;O
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
•
•
•
•
•
•
4 <!2,;;%3%4< $U'!%:*%3%4<
85?:2%;%:;544%;*'%;'8%4$4<%
]^Q%25;$?5?2,4O
4 %:B,"% $% 5,4; 4),:3,%:; 53,",2%]^O
4 ;%:B,"% $% "55:$,4<,54 %<,<%
4)4"%O
j;%:B,"%;3?2<,[""?%,2Q5?'F5?b
2?$%;<,$%O
4 %2,; $%; ;;,;<4<%; <%:4%22%;
]^O
4 ;%:B,"% $U""?%,2 :'*?2,%: )3,2,2 Q
%;%<,<;+?R
;;5",'; "%< %4;%3!2% $% ;%:B,"%; ;5",?D
3?4,",8?DO <5?<% ?4% ;':,% $U?<:%; ;%:B,"%;
;5",?D8:["533?4?D;U05?<%Q
• ,$% 53,",2% %4 ,2,%? ?:2
]^O
• U
klO
• 4%4<%44%'$,"5[;5",2%O
• 4"%4<:%'$,"5[8;E"+525*,9?%%<?4
68,<2$%05?:O
• 4"%4<:%'$,"5[;E"+525*,9?%85?:
2U4)4<%<2U$52%;"%4<]^O
• 4% ,;54 $U""?%,2 8'",2,;'%
]^O
• 4 ;%:B,"% $% '$,<,54 3,2,2%Q
;;5",<,54 X"52%; $%; 8:%4<; %<
$%;'$?"<%?:;YO
• 4%,;;,545"2%$U4;%:<,54O
• 4 %:B,"% $?"<,) $% 5?:Q klR
?<:% 2 "533?4%O 2 "533?4?<' $%
"533?4%; 5:$ $? ;;,4 $% +? 5)):%
'*2%3%4<9?%29?%;;%:B,"%;?D+!,<4<;Q
• U*%4"%$U:!4,;3%O
• 4% :,*$% %::,<5:,2%; $%; *:$%;
"+38(<:%;O
• 4 ;%:B,"% $% $'B%2588%3%4<
'"5453,9?%O
• 4 ;%:B,"% $% "522%"<% $%; $'"+%<;
3'4*%:;O ""538*4' $% 2
$'"+&<%:,%$?22;R
54
5!,4b:!544%?Z"5B,Z3,%4?:E
;,,+/#,.+#',
J77)1)77"0"182//"8)&
B,22% $% &F% %;< $%;;%:B,% 8: ?4 :';%?
$U;;,4,;;%3%4< "522%"<,)O :%2,' ?4% ;<<,54
$U'8?:<,54 $54< 2%; ":"<':,;<,9?%; ;54< 2%;
;?,B4<%;Q
_
"76)48)&!"/788)21 E8%$U'8?:<,54
,2,%?:'"%8<%?:
['"4<<,548:,3,:%
[*?4*%4<?:%2
[:'<:,<%3%4<;8+E;,9?%;
54"5$'
8",<'
ip pio "7;6"7YWW`
m]*Z0^
jiOhjj
]*Z0^
jjpOjop
]*Z0^
iolOmjj
]*Z0^
poOnjp
]*Z0^
]*Z0^
h
":'<,54$%2;<<,54:%354<%iqphOB%"
2%"+5,D$`?4%),2,&:%$%2*?4*%4<?:%2%<2
:'2,;<,54O2U5:,*,4%O$%k!;;,4;%<p+$%
824$`%?85?:<:,<%:phhhR
8:%3,&:% %D<%4;,54 '<' :'2,;'% %4<:%
iqqn %< iqqqO B%" 2% "+5,D $`?4% ),2,&:% $%
2*?4*%82?;,4<%4;,B%]':'^%<2:'2,;<,54
$% n + $% 824; $`%? ;?882'3%4<,:%; 85?:
85:<%:2"8",<'ikhhh2`+,B%:%<jihhh
2`'<'R ),2,&:% )54"<,544% $4; $% !544%;
"54$,<,54; %< %;< "54)5:3% ?D %D,*%4"%; $%
;54::(<'$`?<5:,;<,54R_
?,<% 2 :'2,;<,54 $? ;"+'3 $,:%"<%?:
$U;;,4,;;%3%4< $% &F%[5?8,4 %4
jhhoZjhhpO ?4% ;%"54$% %D<%4;,54 $% 2
;<<,54 $U'8?:<,54 %;< 8:5*:33'% %< $%;
<:B?D 54< '<' %4<:%8:,; 85?: ?*3%4<%: 2%;
"8",<'; '8?:<5,:%; $% 2U5?B:*%R 2; 54<
85?: 5!0%"<,) $% 85:<%: 2%; "8",<'; $% 2
;<<,54 $U'8?:<,54 $% ippio jhjhh
$4; ?4 8:%3,%: <%38; %< <%:3% johhhR
%<<% %D<%4;,54 $%B%4,< 4'"%;;,:% B%"
2U"":5,;;%3%4<$%;858?2<,54;%<2U5!2,*<,54
$% <:,<%: 2UF5<% %< 2% 8+5;8+5:% $%;
4,B%?D 82?; 85?;;'; $%8?,; 9?% 2U'<4* $%
+? '<' "2;;' %4 F54% ;%4;,!2%R ]Q
2`5?B%:<?:%2`?:!4,;<,54$%45?B%22%;F54%;
4U%;<85;;,!2%9?%$4;22,3,<%$%2"8",<'
$%2;<<,54$`'8?:<,54R^
p
5?:"%Q+<<8QZZ;,%:3R%?:3"R):Z:%0%<;[
"522%"<,B,<%;Z,4)5;[*2%;[
;<%8R8+8N;<<,54xhnhqklimohhib$%8<xklb453<<,54
xvjhvjhvjhvjh
q
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
5?:"%Q24"%3%4<$%;<:B?D$%:'+!,2,<<,54$%2
;<<,54$U'8?:<,54$%&F%\5?8,4O5;;,%:$%:%;;%
45?B%22% ),2,&:% $5,< "538:%4$:%
"538:%4$: l '2'3%4<; ;<:?"<?:4<; %<
,445B4<;Q
; 4%),2,&:%%?"538"<%$%<E8%X!5?%;
"<,B'%; ':<,54 8:5254*'%Y 85?:
;;?:%: 2% <:,<%3%4< $% 2 8522?<,54
":!54'%%<$%;4?<:,3%4<;]%<^R
22%8:';%4<%:2%;;8'",),",<';;?,B4<%;Q
; 4$'!,<$%:')':%4"%"5::%;854$4<
qmv$%;'B'4%3%4<;::,B4<2;<<,54O
8:';%4<4< ?4% "+:*% $% 8522?<,54
"5::%;854$4< johhh ]$54< iQhhh
;?882'3%4<,:%;%4<%38;$%82?,%^O
; U?<,2,;<,54$%;j)5;;%;%D,;<4<%;$%
mhhh3k"533%!;;,4$U':<,54Z45D,%O
; U'":(<%3%4< $%; $'!,<; ]4,B%?
B:,!2% $4; 2%; )5;;%;^ ),4 $U58<,3,;%:
2% $,3%4;,544%3%4< $% 2 "2:,),"<,54 %<
$%;5?B:*%;O%<'9?,8%3%4<;"544%D%;O
; % "54<:62% $%; 4,B%?D $% :%0%< 85?:
2%;8:3&<:%;OOmO%<R
; 4 <:,<%3%4< <%:<,,:% 8: 2*?4*%O
85?:2$'"54<3,4<,54!"<':,%44%
%<:,<%3%4<;%:%))%"<?';?:n!;;,4;O
$U?4%;?:)"%<5<2%$%mOm+%"<:%;R
2 ;%: "5382'<' %< ;'"?:,;' 8: $%;
$,*?%; ),2<:4<%; ]<%;<'%; %< B2,$'%; ,22%B%E:"^ %< 8: ?4 <:,<%3%4< %4
;5:<,%$%2),2,&:%"538"<%R
4
"54<:62%
$%;
8:3&<:%;
!"<':,525*,9?%; ;%: %))%"<?' ? 85,4<
$%:%0%<R
55
5!,4b:!544%?Z"5B,Z3,%4?:E
;
;
4% ),2,&:% %D<%4;,B% $% <:,<%3%4< $%;
!5?%;;?:2,<;824<';$%:5;%?DR
22%;%:3,;%%482"%$4;?4%4",%44%
2*?4%]j^$%ij2,<;85?:?4%;?:)"%$%
ilhhh3j85?:!'4'),",%:$%2;<:?"<?:%
%< $% 2U'<4"+',<' %D,;<4<%R "8",<'
$% <:,<%3%4< ;%: $% jihh 1* Z05?:O
B%" 85;;,!,2,<' $% B25:,;%: 2%; !5?%;
$4; 2% "$:% $? ;"+'3 $% *%;<,54 $%;
!5?%; 3,; %4 82"% 8: 2% E4$,"< 3,D<%
85?:2%;!5?%;$%2*?4*%R
4 <:,<%3%4< "5382'3%4<,:% $%;
%))2?%4<;%4<%38;$%82?,%R
%; 4",%4; !;;,4; $% 2*?4*% i %< k
]n +%"<:%;^ :%"%B:54< 2%; %))2?%4<; ?
$%2$?$'!,<$%:')':%4"%]mv$?<%38;^R
;
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
:,<%3%4<$%;%D"'$%4<;<%38;$%82?,%
;?:n+$%2*?4%;R
U5?B:*% 8:&; %D<%4;,54 $5,< 8:';%4<%: 2%;
":"<':,;<,9?%;<%"+4,9?%;;?,B4<%;Q
; :'<:,<%3%4<; $,3%4;,544'; 85?: ohh
3kZ+
; %;;!2*%%<<:,<%3%4<$%;;!2%;
; '*:,;;*%%<<:,<%3%4<$%;*:,;;%;
; 52?3%$%;!;;,4;!,525*,9?%;ihhhh3k
; ?,;;4"% $U':<,54 %< $% !:;;*%Q
lhh1
; '*?2<,54$%;$'!,<;8:3:4*%
; 2:,),"<%?:$%jm3$%$,3&<:%
; :,<%3%4< <%:<,,:%Q ,2<:<,54 %<
<:,<%3%4< %< 2*?4*% '9?,8' $%
$,*?%;),2<:4<%;
; :,<%3%4< $%; !5?%; ;?: ilhhh3j $%
,<;$%;'"+*%824<';$%:5;%?D
56
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
57
5!,4b:!544%?Z"5B,Z3,%4?:E
Q 2% O ),4 $% 2,3,<%: $%; 4?,;4"%;
52)"<,B%; 5? ;545:%; $%B: 'B,<%: 2 ":'<,54
$% 45?B%22%; F54%; $`?:!4,;<,54 5? $%
"54;<:?"<,54;O $4; ?4% F54% $% ihh 3&<:%;
?<5?:$%2;<<,54$`'8?:<,54R
J77)1)77"0"181212//"8)&
%;%:B,"%8?!2,"$`;;,4,;;%3%4<454"522%"<,)
]RRRRR^ 9?, ;;?:% 2% "54<:62% $%;
,4;<22<,54; %< 'B%4<?%22%3%4< 2%?: %4<:%<,%4
%;< ;;?:' 8: 2 "533?4?<' $% "533?4%;
$?5:$;;,4$%+?R25,;?:2`%?$?ki
$'"%3!:% jhhn "54),' '*2%3%4< "533%
"538'<%4"% 2% "54<:62% $%; ,4;<22<,54;
$`;;,4,;;%3%4< 454 "522%"<,) ;%254 ?4%
8':,5$,",<'9?,4%8%?<%D"'$%:p4;R3,;%
%4 82"% $% "54<:62%; 8':,5$,9?%; $5,<
,4<%:B%4,:?82?;<:$2%ki$'"%3!:%jhijR
%; :';?2<<; $%; "38*4%; $% "54<:62%;
<:4;3,;8:2%43:;jhii)54<'<<
$%;:';?2<<;;?,B4<;Q
ohv
"!!+('"!)&)"%
khv
ipOkv
jhv
% $5,< $54" $:%;;%: 2% !,24 $% 2
;,<?<,54 %D,;<4<% %< B':,),%: 2U$'9?<,54
%4<:% 2%; !%;5,4; *'4':'; 8: 2%; 8:50%<; $%
$'B%2588%3%4< ?:!,4 %< 2%; :%;;5?:"%; %<
,4):;<:?"<?:%; %D,;<4<%;R % "; '"+'4<O 2%
8:50%< "533?42 $5,< %4B,;*%: 2%?: 3,;% 4,B%?R
!"&'!"!"!"% lhv
hv
J";6;8"
%; "42,;<,54; ;5?<%::,4%; $`,::,*<,54 %4
%? !:?<% ;54< ,3824<'%; ;?: 2 "533?4%R
`%D825,<<,54 $% "% :';%? %;< ;;?:'% 8:
R % 8;;*% $% "%; "42,;<,54; $5,<
),*?:%: <,<:% $`,4)5:3<,54 $4; 2%; 44%D%;
;4,<,:%;$?245"2$`:!4,;3%R
!"&'"!"% )%1&%)
mhv
ihv
J77)1)77"0"18!"7";>4/;=)/"7
"533?4% $5,< 8:%4$:% <5?<%; 2%;
$,;85;,<,54; 4'"%;;,:%; 85?: 2 3-<:,;% $%;
%?D 82?B,2%; %< '2!5:%:O "% <,<:%O ?4
;"+'3 $,:%"<%?: $%; %?D 82?B,2%;R `:<,"2%
Rijk[i $? "5$% $% 2`?:!4,;3% 8:'",;% %4
5?<:% 9?% 2% RR %?< $'2,3,<%: 2%; F54%;
"54"%:44< 2%; %?D 82?B,2%;O %4 882,"<,54
$%; $,;85;,<,54; $% 2`:<,"2% jjjl[ih $? "5$%
*'4':2$%;"522%"<,B,<';25"2%;R
J!!;8)21!J";428/"
"533?4%%;<2,3%4<'%%4%?85<!2%8:
2% E4$,"< $? ; 4*?%$5" $54< 2%;
"8",<'; $% 8:5$?"<,54 <<%,*4%4< 2%?: 2,3,<%
3D,32% %4 8':,5$% %;<,B2%O 85?: ),:% )"%
?D!%;5,4;$%;%;$+':%4<;R
%$5,<;U;;?:%:$%23,;%%4$'9?<,54
$% 2 "8",<' $%; '9?,8%3%4<; $U$$?"<,54
$U%? 85<!2% B%" 2%; 5!0%"<,); $%
$'B%2588%3%4<?:!,4R
!"&'"!"% mqOkv
nhv
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
hOhv
A!"&''(1&&!&)'"!
iiOqv
kOmv iOqv kOpv
iOkv
!''!'"!!+1('"!
"!)&'1
58
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
; ('#+(&&.'%
!2%?%D+?;<,)$,;854,!2%%444%D%R
]5?:"%Q^
59
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
H"7861742687"8/"7!$4/"0"187
+,./##+-%,)%&'-,
533%!,%4;5?B%4<O2%:';%?B,,:%3'F5,;%;<2,'
?4 $5?!2% )"<%?: *'5*:8+,9?% %< +,;<5:,9?%R
U%;< %4 8:<,% ;54 85;,<,544%3%4< $4; ?4%
$E43,9?%
<%::,<5:,2%
;;5",'
;54
$'B%2588%3%4<$4;2%<%38;9?,54<"54$,<,544'
2U'B52?<,54$?:';%?$%:5?<%;O:?%;%<"+%3,4;R
,4;,O ;?: 2%; <:"%; $% 2U4",%44% 5,% 53,<,O
2U?<5:5?<% qZim ;'9?%4"% %4 j 8:<,%; 2%
<%::,<5,:% "533?42R '85?:B?% $U'"+4*%?: +?<%?: $% 2 B,22%O %22% 8:5$?,< 82?; %4 %))%< $%
"5?8?:% ?:!,4% 9?% $% B':,<!2% 2,%4 <%::,<5:,2R
%8%4$4<O 2%; j '"+4*%?:; $U*$%['F%4; 2U;<%<$%&<%2U?%;<4U'<4<'25,*4';%4<%38;
9?% $U%4B,:54 im jh 3,4 $% <:0%<O 2 "533?4%
5""?8% ?4% 85;,<,54 "%4<:2% %< $% ),<O
:%2<,B%3%4< ;<:<'*,9?%R 22% 4U%;< $54" 8;
%4"2B'%O%<548%?<"54;,$':%:9?%28:5D,3,<'$%
2Uq 2?, "54)&:% ?4% <<:"<,B,<' "%:<,4% <4< 85?:
2% $'B%2588%3%4< $% 2U+!,<< 9?% 85?:
2U,3824<<,54$U"<,B,<';'"5453,9?%;R
5?4< ?4 :62% ;<:?"<?:4< 30%?:O 2U4",%44% iik :%2,4< -3%; 5:$%?DO ?05?:$U+?,
:%4533'%nikO<:B%:;%2B,22%%4)5:34<?4
"5?$% 9?, 3:9?% 2U%4<:'% $? "%4<:% +,;<5:,9?%R
U%;< 2UD% 30%?: $% 2 "533?4%O <4< 8: ;54
,38"<?<:B%:;$?<%38;9?%8:;54%38:,;%5?
;)54"<,5442,<']?;*%Z<:),"^R
17#68*21"96%7#9;**6# 20091/"17/I#74 #8#66*826*/#8)*%66 )*78*21"#746*1 *4/#7;2*#7G
296 #FG
60
5!,4b:!544%?Z"5B,Z3,%4?:E
#6%7#9;**6# 20091/"17/I#74 #961*7%G296 #FG
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
nik ;<:?"<?:% 2U%;8"% ?:!,4 %< 2% ! <,O ;UE
$'B%25884< ;5?; )5:3% 2,*4'% %< $%4;%R 22%
8%:3%< '*2%3%4< 2U,3824<<,54 $% 453!:%?;%;
"<,B,<'; %< "533%:"%; "% 9?, %4 :%4)5:"%
2U,385:<4"%R
,;2%<:),"$%2nik,4$?,<?4"%:<,4453!:%
$% 4?,;4"%;O 45<33%4< "5?;<,9?%; 5? ;5?;
)5:3% $% 8522?<,54 <35;8+':,9?%R 4 %))%<O 2%;
85,$; 25?:$;O )?<% $U2<%:4<,B% $U,<,4':,:%;O
%38:?4<%4< <5?05?:; "%<<% B5,%O %< ;54< 8:
"54;'9?%4< 3%4'; <:B%:;%: 2%; %;8"%; $?
"%4<:%[B,22%R
% :%;<% $% 2 B,22% ;U%;< $'B%2588'O %4 $%+5:; $?
"%4<:% **253':'O 2% 254* $%; 8:,4",82%; B5,%;
*:,"52%; 9?, $%;;%:B,%4< 0$,; 2%; B,*45!2%;R 22%;
;54< $54" <%4$4"% :E5444<%;O $4; 2%
8:5254*%3%4<$%;4",%4;)?!5?:*;B,4,"52%;R
4<:% "%; B5,%;O ?4 :';%? $% $%;;%:<%; 85?: 2%;
F54%; 8B,22544,:%; '<' 3'4*' $% )#54
2!E:,4<+,9?%O85;4<$%;8:5!2&3%;$%"5+':%4"%
?:!,4%O $% 2,;,!,2,<' $% 2U%;8"% %< $% )",2,<' $%
"+%3,4%3%4<RD"2?;,B%3%4<$'$,'%;?DB5,<?:%;O
2305:,<'$%"%;B5,%;4%85:<%8;;?)),;33%4<
$%:62%?:!,49?,4'"%;;,<%82?;$%3,D,<'$4;2%;
?;*%;R
4),4O2%"%4<:%+,;<5:,9?%8:';%4<%?4<,;;?$%4;%
%<:%;;%::'O2,';54+,;<5,:%%<$%3%?:%%48:<,%
8,'<544,;'R 2 *:$% ?4% )5:<% B2%?: 8<:,354,2%
%< 8,<<5:%;9?%O 3,; "544-< "%:<,4%; $,)),"?2<';
$U?;*%;2,'%;2U'<:5,<%;;%$%;%;8"%;R
61
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
#462-#8"#"%;*8*21"9YZd296 #FYZL
62
5!,4b:!544%?Z"5B,Z3,%4?:E
5?:3'2,5:%:2",:"?2<,54$?"%4<:%%<$'B,%:2%
<:)," $%; 85,$;[25?:$;O ?4% $'B,<,54 %4<:% &F%
%< 5?8,4 %;< 2U'<?$%R 22% :%8:';%4<%:,<
2U5885:<?4,<' $% :%9?2,),%: 2U"<?%22% nik %4
B%4?%?:!,4%O82?;%4$'9?<,54B%";54?;*%
3,D<% :';,$%4<,%2 %< "533%:#4<R 22% 8%:3%<<:,<
'*2%3%4< $U;;?:%: ?4% $%;;%:<% %)),""% $%;
F54%; 5:$O $%;<,4'%; ""?%,22,: $%; *:4$;
'9?,8%3%4<; %< 2% $'B%2588%3%4< ?:!,4 )?<?: $%
2"533?4%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
17#68*21 "# $?# "17 /# 6%7#9 %69/8 61742687G 296 #F
%69/861742687G
;,-+',)(+-,).%#,
U'<4< 8; "533?4?<' $U**253':<,54O 2
"533?4?<' $% "533?4%; 5:$ $? ;;,4 $%
+? 4U $54" 8; $% "538'<%4"% %4 3<,&:% $%
861742687 "1 200;1R%;54<$54"2%;2,*4%;$%
!?; $'8:<%3%4<2%; 9?, ;;?:%4< 2%; 2,,;54; B%:;
2%; ?<:%; **253':<,54; B5,;,4%; %< B%:;
2U,4<':,%?:$?<%::,<5,:%R
j 2,*4%; $% !?; ':?2< :4;85:<; $%;;%:B%4<
&F%Q
• )'1"XWZQ'F,%:;y54<8%22,%:Q'<8%;Q
'F'4;O &F%O 5?8,4O 5?F,*?%;O
,*%4O !:&*?%;O ,4<[%4 $% '$;
]"544%D,54<:3CEj^R
• )'1"ZYWQ&F%y&<%Q'<8%;Q5?8,4O
5?F,*?%;R
%;$%?D2,*4%;8%:3%<<%4<$%!544%;"544%D,54;
B%:; 2%; 8:,4",82%; B,22%; %< **253':<,54; $%
2U':?2<O%<45<33%4<54<8%22,%:%<;54:';%?
$%:3CEw*:%;%<&<%""?%,224<2%;2E"'%4;
$%2"533?4%R
63
5!,4b:!544%?Z"5B,Z3,%4?:E
B,22%%D8':,3%4<%?4%$'3:"+%$%2=2)8;6'"
85?: 8%:3%<<:% $% 453!:%?;%; 8%:;544%;
<:B,224<+5:;$%2B,22%$%8:<*%:?435E%4$%
<:4;85:<Q
J46$7 ;2*6 46*7 218 8 ;# "*;#67 46#788*6#7
74% */*7%7 "17 /# 2;2*896(#D / ;*//# "# $?# 6#8#19 4296 91# 4%6*2"# "I%;/98*21 /S(#1 # "#
2;2*896(#GI#7891#772 *8*21"#8>4#/2*W_VW
59* *18#6;*#18 "17 /#7 "20*1#7 "9 86174268D "9
"6# "# ;*# #8 "# /S#1;*6211#0#18G
//# 7S*18%6#77# 9 "%;#/244#0#18 "#7 02"#7 "#
"%4/ #0#187 /8#618*'7 /S98*/*78*21 *1"*;*"9#//#
"# / ;2*896# P;2*896#7 97(# 468(%D
2;2*896(#GGG#197(#7*04/#29 20*1%Q'*1"#
0*#9="48#6/S2''6#"#02*/*8%4691#0#*//#96#
46*7# #1 2048# "#7 #72*17 #8 "#7 88#18#7 "#7
97(#67 "17 91# "%06 )# "# "%;#/244#0#18
"96/#G
#7#6;* #)%#6(%46/#967*8#<<<G 678247G'6#78
*00%"*8#0#18 24%68*211#/G I $7 # 7#6;* #
18#61#8#78(689*8D8184296/;*//#"#$?#59#
42967#7'9896798*/*78#967GK];5?:"%Q3,:,%\;,<%C%!^R
k;%:B,"%;8%?B%4<(<:%8:585;';Q
• :5! Q ;52?<,54 "5B5,<?:*% 85?: 2%;
<:0%<;$53,",2%\<:B,2
• :5E*% Q % "5B5,<?:*% 254*?%
$,;<4"%85?:2%;<:0%<;%4:4"%
• :5?:,;3% Q % "5B5,<?:*% 254*?%
$,;<4"% :4"% [ ?:58% %< ?:58% [
:4"%
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
"H
4; 2% 8':,3&<:% $? "5<O 2%; "533?4?<';
$U**253':<,54%<$%"533?4%;?<5?:$?;;,4
$%+?O54<'2!5:'%4jhhp?48:50%<$%24$%
'82"%3%4<;:!,4;]^R
% ;U:<,"?2% ?<5?: $% <:5,; D%; 8:,4",8?DQ
% $'B%2588%3%4< $%; <:4;85:<; "522%"<,); %<
$%;
35$%;
$%
<:4;85:<;
a8:58:%;aR
U5:*4,;<,54 $? ;<<,544%3%4< %<
2U3'4*%3%4< $% 2 B5,:,% %4 2,%4 B%" 2%;
<:4;85:<;
"522%"<,);R
":'<,54 $% 8,;<%; "E"2!2%; %< $% B5,%;
8,'<544%;25:;$%2:'2,;<,545?$%2:'45B<,54
$%2B5,:,%R
25, $? kh $'"%3!:% iqqn ]5, ;?: 2U,: %<
2U?<,2,;<,54 :<,544%22% $% 2U'4%:*,%^ $54< 2U5!0%"<,)
*'4':2 %;< $% 8:';%:B%: 2% $:5,< $% "+"?4 :%;8,:%: ?4 ,: 9?, 4% 4?,;% 8; ; ;4<'O
$%34$%<5?<%;2%;**253':<,54;):4#,;%;$%
82?; $% ihhRhhh +!,<4<; $% ;% $5<%: $U?4 24
$%; '82"%3%4<; :!,4;O 9?, B,;% ;;?:%: ?4
V'9?,2,!:% $?:!2% %4<:% 2%; !%;5,4; %4 )",2,<'
$U""&; $U?4% 8:<O %< 2 8:5<%"<,54 $%
2U%4B,:544%3%4<%<$%2;4<'$U?<:%8:<WR
%;5:,%4<<,54;),D'%;8:225,;54<2%;;?,B4<%;Q
•
•
•
•
•
•
2U3'4*%3%4< %< 2 *%;<,54 $? :';%?
8:,4",82 $% B5,:,% %4 2U))%"<4< ?D
$,))':%4<;35$%;$%<:4;85:<O
2U5:*4,;<,54 $? ;<<,544%3%4< ;?: 2%
$53,4%8?!2,"O;?:B5,:,%%<;5?<%::,4O
2 :'$?"<,54 $% 2U,38"< ;?: 2 ",:"?2<,54
%<;?:2U%4B,:544%3%4<$?<:4;85:<%<$%
22,B:,;54$%;3:"+4$,;%;O
2U%4"5?:*%3%4< 85?: 2%; %4<:%8:,;%; %<
2%; "522%"<,B,<'; 8?!2,9?%; )B5:,;%: 2%
<:4;85:< $% 2%?: 8%:;544%2 8:
2U?<,2,;<,54 $%; <:4;85:<; %4 "533?4 %<
$?"5B5,<?:*%R
%24$%;$'82"%3%4<;?:!,4;8:585;%$54"?4
8:5*:33% $U"<,54; ,4<':%;;4< <5?; 2%; 35$%;
$%$'82"%3%4<;?:2%<%::,<5,:%"533?4?<,:%O
3%<<:% %4 7?B:% $4; 2%; ",49 4; 8: 2
533?4?<' ?:!,4% %< ;%; 8:<%4,:%;R
2 8:585;% '*2%3%4< $%; 5:,%4<<,54; ;?:
2U3'4*%3%4< %< 2U5:*4,;<,54 $? <%::,<5,:%
"533?4?<,:%),49?% 2%;$'82"%3%4<;E;5,%4<
82?;"5?:<;O35,4;8522?4<;%<82?;VB,B!2%;WR
2$,3,4?<,54$?<:),"?<535!,2%O
2%$'B%2588%3%4<$%;<:4;85:<;"522%"<,);
%< $%; 35$%; '"5453%; %< 2%; 35,4;
8522?4<;]3:"+%8,%$%<B'25^O
64
5!,4b:!544%?Z"5B,Z3,%4?:E
% $? ;;,4 $% +? ] ^ J7I#16* )*8
#179*8# "#7 #1-#9= "9 796 / 20091# "17
721 '21 8*211#0#18 *18#61# #8 "17 91#
4#674# 8*;# 2009198*6#G
)59# '* )# 20091/# 7I 204(1# "I91#
682(64)*# 59* 4#60#8 "# /2 /*7#6 /#7
%59*4#0#187 0-#967 #8 "# */#6 /#7 #1-#9= 796 /#
8#66*82*6#%89"*%G
#7 462-#87 %;259%7 7218 #9= %121 %7 46 /
20091#"1791#/2(*59#"#J 294468*KG
#7 4#674# 8*;#7 20*1#18 "#7 %/%0#187 "#
6%'/#=*21 200919=#8"9(6294#"#86;*/G #
8*86#D /# "2 90#18 #78 J "%- K 91# 7296 # "#
462427*8*217G
#88/7 2178*89#*17*91#"#77#7#77#18*#//#7
"9 "*(1278* D */ 7298*#18 %(/#0#18 /# 462-#8 /9*M
0&0##1462/%08*718/#"#;#1*6"#/ 20091#
#8 #/9* "#7 "%4/ #0#187 "#7 4249/8*217 9
5928*"*#1GK296 #FG
e>86)87!;OYWW_7;6#@"H
3/#7(%1%68#967"#"%4/ #0#187#8)*89"#7"#
02*/*8%7F
O $?# 2178*89# 91 ;%6*8/# 43/# "I#04/2*7 #1
81859#8#/0*7/#7 8*'76#78#1826*#18%7/'2*7
796 / 77*1 "# )9D 796 /#7 ((/20%68*217 "#
2184#//*#6 #8 %?*#67 P0*1*0 YVb "I 8*'7 /I#=8%6*#96"#/ 20091#Q
O #7 2967#7 7I24$6#18 796 /# 7*8# P"#9= 02>#11#7
796' #7QD /69 /# *#9= 7#9/#0#18 4296 "#7
2967#7*0426818#7D
O #91#7 "# / 20091# ;218 9 2//$(# #1
96$7D
O 21 #6118 /#7 /> %#17 %?#17 #8 $8# 7218 /#7
46*1 *4/#7"#78*18*217D49*72184#//*#6G
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
S0%1(#0#18 "9 6%7#9 46*1 *4/ "# ;2*6*# #8 /
7% 96*8%6298*$6#F
88F
O\WYP;#19#"#2184#//*#6#8"#%?#17Q
294#/;*//##1"#9=FJ91# 29496#96*1#K
O2969818D#//#*66*(9#/ 20091#P;*7*8#967#8
#77**/*8% 9= 200#6 #7Q (6 # 9= 6% #187
0%1(#0#187 6298*#67 59* 218 0%/*26% /#7
21"*8*217 "9 8617*8 P21 4#17# #1 468* 9/*#6 9=
129;#9=(*682*6#7QG
O # 218#=8# *6 9/82*6# 9-296"I)9* #78 4/9838
*#1 (%6% 796 #7 "#9= =#7 46 91# 211#
26(1*78*21 "#7 '#9= 86* 2/26#7 #8 "#7 (*682*6#7
%;259%7G
O %102*17D 591" "#7 21;2*7 #= #48*211#/7
477#18 46 $?#D / 7*898*21 "#;*#18
878624)*59#G
O 7*(1/%8*59# 6#78# 86$7 09;*7# 796 /
20091#D 4296 /#7 )*89%7 #/ 1# 427# 47 "#
462/$0#70*74296/#7986#7FJ91-/211#0#18
4#6'# 8*/# K ;#67 /#7 7*8#7 #8 43/#7 "0*1*7868*'7D
46 7 #8 /*#9= 49/* 7H M =#04/# F 91 411#9 "#
46.*1( P #186# ;*//# W[V 4/ #7Q 59* '*8 8617*8#6
"17/I)>4#6 #186#*198*/#0#18G
O I0%1(#0#18 "# 1206#97#7 ;2*#7 #8 4/ #7
P7% 96*78*21D*18%(68*21"#702"#7"29=HQ%8%
6%/*7% 4#1"18 /# 01"8 46% %"#18 12800#18
9 #186# ;*//# P74/1"#D 69# 6*/"*D 69# 96#?D"2 )D4/ #259#7D""9268Q0*7
977*9#8*8268"#7 #//#7P )#0*1"#/I81(D
4/ # "#7 #01"#967QD ; "# *//#;#>6 D )#0*1
"#;/#8"#72186#/7D
62-#8F
O1;*7';26/#4296/"%;*8*21#186#$?##8
294*1 0*7 91 %59*4#0#18 59* 1# "2*8 47 &86#
91#62 "#D#//#1#"2*847"%;*#6/ *6 9/8*21"9
#186# ;*//# P"*0#17*21 % 2120*59# "I91# ;*//# J
217869*8#K796/I=#WWYG
O #7 0%1(#0#187 #''# 89%7 /267 "9 01"8
46% $"#18 ;218 &86# 204/%8%7 9 #186# ;*//# F
4/ #0*//#*"/9268D69#%4*1D69#21?*#6D
4/ # %6*/ 29-"# 0*7 %(/#0#18 #1 /*#1 ;# /#7'9896#7?21#7"I)*889126""#/ 20091#
P )#0*1"#7278#7D"9#*189621HQ#8#1/*#1;# /I)34*8/"#-296G
#674# 8*;#7
O1;*7';26/#4296/"%;*8*21#186#$?##8
294*1 0*7 "17 91# 4#674# 8*;# "# 0*//(# "9
8#66*82*6# 91# 4/97 (61"# % )#//# F ][ #8 _ 6 26"#6 ;# / 0*7# #1 4/ # "I91 % )1(#96
9826298*#6$?#;/26*718/"%;*8*21
# "%;#/244#0#18 "#7 861742687 2//# 8*'7 #8 /
09/8*02"/*8%F
88
O 7 "# 462/$0#7 21 #6118 /I2''6# 89#//#
%69/86174268
O 1;#88# (689*8# "9 #186# %8% 79446*0%#
6% #00#18 6*/1I>;*84777#?"I97(#67P91#
;*1(8*1# "# 4#67211#7 #''# 89*#18 91 86-#8 46
-296 #1 02>#11#Q F 91 "%'* *8 6# #88#7L"%4#17#7
8624 %/#;% ;# 91 2:8 9 ;2>(# 8624 *0426818
4296 / 20091# F J 91# *1*8*8*;# *18%6#7718#
0*7729798*/*7%#K
O I2''6# ;#67 2184#//*#6 7I#78 "%8%6*26%# 6 /#7
977I66&8#18#18&8#"#/*(1#"98608#1"#
#"7#8/#797(#67218918#047"#46 29674/97
/21(FJ/I74# 84%1/*718"#7694896#7"# )6(#
65
5!,4b:!544%?Z"5B,Z3,%4?:E
O 128#6 F 91# (#1 # "I26(1*78*21 "#
2;2*896(#P"*7421*/#12800#1879618#61#8Q
#674# 8*;#7
O ;#88#7 '/9;*/#7 F 86$7 ';26/# 721
"%;#/244#0#18
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;2/98*21462-#8%"9
6%7#9;**6# 20091/G
296 #F
66
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;%,&(,)%&'-,(.0
&F% %;< $5<' $U?4 :';%? $% 8,;<%; "E"2!2%;
"533?42%; 9?, ;U05?<%4< ? ;"+'3 $%;
,<,4':,:%; "E"2!2%; $'8:<%3%4<2 ",["54<:%R %
$%:4,%: ,22?;<:% 2 B5254<' $? 54;%,2 '4':2 $%
8:50%<%:?4%8,;<%"E"2!2%),;4<2%<5?:$?!;;,4
$%+?B%"?4%'<8%"%4<:2%;?:&F%R
":<% ,;;?% $? O 8:';%4<'%
8:'"'$%33%4< ,22?;<:% 9?4< %22% 2 B5254<'
,4<%:"533?42%$%$'B%2588%:2%:';%?$%8,;<%;
"E"2!2%; ?:!,4 ? ;%,4 $% 2 "533?4%R
"<?%22%3%4<O j 8:,4",82%; B5,%; 82?<6< 5:$[?$O
8%:3%<<%4< $% :%2,%: 2 B,22% ? 2,<<5:2O 3,;
'*2%3%4<$%$%;;%:B,:2%"522&*%R
2 %;< %;;%4<,%2O 85?: 2,3,<%: %)),""%3%4< 2U,38"<
$%2B5,<?:%;?:2%;%;8"%;?:!,4;%<29?2,<'$%
2U,:]8:5!2&3%$%;4<'8?!2,9?%9?%"%2*'4&:%^
$% $'B%2588%: ?4% :3<?:% "5+':%4<%O
"5382'3%4<,:% %< %4 "54<,4?,<' $U%;8"%; $'$,';
?D $'82"%3%4<; $5?DR 4% *:4$% 8:<,% $%;
%;8"%; ?:!,4; 8%?B%4< (<:% <:B%:;'; 8,%$;O
45<33%4< %4 "%4<:% +,;<5:,9?% 5? 2% <:,<%3%4<
$%;B5,%;O2$%4;,<'$%;"54;<:?"<,54;5?2!544%
3,D,<' +!,<<; Z "<,B,<'; Z "533%:"%; Z
'9?,8%3%4<;2%8%:3%<R
%; %;8"%; !5:$4< 2% 2,<<5:2 ;54< 8:58,"%; 2
8:53%4$% %< *25!2%3%4< !,%4 $8<';R
%8%4$4<O "%:<,4; %;8"%; ?<5?: $? 5:<
4'"%;;,<%:,%4< ?4 :'3'4*%3%4< 85?: 3,%?D
,4<'*:%:2%;!%;5,4;$%;<<,544%3%4<<5?<%4
#7 #74 #7 #8 69#7 "9 #186#M;*//# #8 "# 7#7 26"7 7218
(/2/#0#18*#1"48%7G
67
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
88"#7/*#9="96%7#9
"I#74 #7"%"*%#79=
"%4/ #0#187"29=#8
/#967#1-#9="I%;2/98*21G
#46 "#;18/4/(#F91#74 #"#4620#1"#G
5)):4< $%; %;8"%; 8,'<54; $% 9?2,<' ?D
3<':,?D$8<';]%;8"%:?%$%;544%2,%:;^R
4; 2%; %;8"%; 82?; :'"%4<; ]F54%;
8B,22544,:%;^O 2 +,'::"+,;<,54 $%; B5,%;
$%3%?:% %< 2%; %;8"%; ;54< *'4':2%3%4< !,%4
$8<';R P ' )4*86# 796 /#7 74 #7 9/* 7Q %
453!:%?;%; B%4%22%; 8,'<544%; <:3%4< ;5?B%4<
2%; %;8"%; :';,$%4<,%2;O 5)):4< ?4% B:,'<' $%
"+%3,4%3%4<88:'",!2%R
":<% ",["54<:% ;"+'3<,;% 2U:3<?:% %D,;<4<%
$%; %;8"%; $'$,'%; ?D $'82"%3%4<; $5?D
]%;8"%; 8,'<54; w 8,;<%; "E"2!2%;^R 22% 3%< ?;;,
%4 'B,$%4"% 2%; %40%?D $% $'B%2588%3%4< $% "%;
%;8"%; %4 )54"<,54 $%; 8:'B,;,54;
$U%D<%4;,54 %< $% :'*'4':<,54
?:!,4%;%4B,;*'%;R
68
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
<:3%]$%4;,<'^%<2"54<,4?,<']"544%D,54;^$%;
$,))':%4<; %;8"%; $'$,'; ?D 35$%; $5?D ;54<
$%?D 8:3&<:%; %;;%4<,%2; 85?: $'B%2588%: ?4
:';%?%)),""%R
,2%;%;8"%;$5,B%4<(<:%453!:%?D85?:B5,:?4
:'%2 ,38"< ;?: 2%; 35$%; %< 2 9?2,<' $% B,%O ,2;
$5,B%4< '*2%3%4< "533?4,9?%: %4<:% %?DR %;
%;8"%;8?!2,";%<2%;B5,%;$%",:"?2<,54;$5?"%;O
;;5",'%; ?D '9?,8%3%4<;O "533%:"%;O ;,<%; %<
?<:%;852:,<';$%2B,22%O$'),4,;;%4<2U<<:"<,B,<'
$%;9?:<,%:;OB5,:%$%2B,22%%22%[3(3%R
U%;<85?:9?5,,2%;<,385:<4<$%8%4;%:?4:';%?
*25!2 ;;5",' ? $'B%2588%3%4< ?:!,4 $4;
<5?<%; ;%; "5385;4<%;Q +!,<<O ",:"?2<,54;
B'+,"?2%;O"<,B,<';O8E;*%;%<"S
:';%4<4< 2%; %;8"%; %D,;<4<; ;?: 2 "533?4%O
2 ":<% ",["54<:% ,4;,;<% ;?: 2%; %40%?D $% 2%?:
$'B%2588%3%4<R
88"#7/*#9="96%7#9"I#74 #7"%"*%#79="%4/ #0#187
"29=#8/#967#1-#9="I%;2/98*21"17/#7# 8#96"9 #186#G
69
TITRE 2 La dynamique agricole
de la commune.
H
)7826)5;"!"/J'6);/8;6"
:!+#.%-.+
5:; $? $%:4,%: :%"%4;%3%4< *:,"52%O %4 jhhhO 2
"533?4% "538<% imp %D825,<<,54; ]$54< mj
%D825,<<,54; 8:5)%;;,544%22%;^ %< inn "+%);
$U%D825,<<,54]"5[%D825,<4<;"538:,;^R
"%<<%'859?%O2U*:,"?2<?:%"533?42%5""?8%
82%,4 <%38; YZ[ 8)&7 &0)/);> ;?: 2%;
ih
%D825,<<,54;R 4 jhhoO ;%254 2 3,:,%O 2 "533?4% "538<%:,<
<5?05?:; m %D825,<<,54; *:,"52%; $% 852E"?2<?:%P
;5,< ?<4< 9?U%4 jhhhO 25:; $? $%:4,%:
:%"%4;%3%4<R
5?<%)5,;O 8: :885:< ? :%"%4;%3%4< *:,"52%
:'2,;'%4iqppO2"533?4%"538<%8:%;9?%<:5,;
)5,; 35,4; $U%D825,<<,54; ] "%<<% '859?% 2
"533?4%"538<,<ik%D825,<<,54;*:,"52%;R^
; 2;67 !"7 !"61)#6"7 11$"7G 7"/21 /"7 0%0"7
72;6"7G / )77" 218)1;" !; 1206" !" ("&7
!J">4/2)88)21 1" 7" 7"6)8 4/;7 1$"77)6"0"18
204'1$" !J;1" 6$!;8)21 !" / ;6&"
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
'6)2/" 8)/)7$" PQ?4,B%?"533?42O3,;
<:$?,:,<82?<6<?48+'453&4%$%"54"%4<:<,54R
,4;,O %4 jhhhO 2 $%; %D825,<<,54;
:%8:';%4<,< jjjm +O $54< jih + $% <%::%;
2!5?:!2%; %< jhii + $% ;?8%:),",% <5?05?:; %4
+%:!%R
""?84< ?4% 8:< ,385:<4<% $? <%::,<5,:%
"533?42O /J'6);/8;6" 7J$8/" ; 126! !" /
200;1"!"#@"=";1"&268"46$7"1"!"/
;/8;6"=)8)2/"R
4 %))%< X2%; 53,4; 2,;;%:54< $%; <:"%; $4;
"%2?, $% 2 "?2<?:% $% 2 B,*4%R 4 "?2<,B,< ?4%
9?:4<,4% $% "'8*%; %< 54 8:2,< $'0 $%
;?:8:5$?"<,54 Q 2% B,4 $% 2 :'*,54 ?:,< ),<
,ii
"54"?::%4"%?B,4$`<2,%RRR "<?%22%3%4<O2%;:%B%4?;*:,"52%;8:5B,%44%4<%4
305:,<' $% 2 B,<,"?2<?:%]mqRqov^R % :%;<% ;%
8:<*% %4<:% 2%; ;?:)"%; %4 "':'2%; %< <%::%;
2!5?:!2%;R"533?4%%;<'*2%3%4<3,<'%8:
$%;;?:)"%;)5:%;<,&:%;%<3,D<%]:!?;<%Z+%:!%^R
?[$%2 $% ;54 85,$; '"5453,9?%O $4; 2
;<:?"<?:<,54 $%; 8E;*%; $% 2 "533?4%O
2U*:,"?2<?:% "54;<,<?% %4 ?4 )54$%3%4< $%
2U,$%4<,<'%<$?":"<&:%$%&F%R
%;<%::%;"?2<,B'%;;54<9?4<%22%;$'B52?%;?D
"':'2%; %< ?D "?2<?:%; )5?::*&:%;O %< $4; ?4%
35,4$:%3%;?:%2B,*4%%<?D52,B,%:;R
%8?,; 2% &3% ;,&"2%O ?4% :'$?"<,54 $% 2
;?:)"%$%;<%::%;"?2<,B'%;;U%;<<5?<%)5,;58':'%O
%4"5::'2<,54B%"2$'":5,;;4"%$'35*:8+,9?%
"533?42%R%<<%:'$?"<,54;U%;<58':'%?8:5),<
$%; 24$%; %< $%; 8 <?:*%;O ;?: 2% "?;;%
45<33%4<
#<%%$
5!,4b:!544%?Z"5B,Z3,%4?:E
(%0-
DGBB
?>DB
DBBB
?=@B
>B=>
CGBB
CBBB
&(%
GBB
B
CKIJ
CKJJ
DBBB
Source: Tableau d'évolution de la SAU des communes du SAGE de
Bassin de Thau(source RGA 2000
PRODUCTIONS MEZE
Chiffres
Part
surface en vignes
1056
59,97
surfaces en céréales
296
16,81
Terres labourables
409
23,23
1761
100
Source: Tableau d'évolution de la SAU des communes du SAGE de
Bassin de Thau(source RGA 2000
CC
''#9<<***:); -:%<&'"%
70
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
71
5!,4b:!544%?Z"5B,Z3,%4?:E
%34,&:%*'4':2%O?45:$$%2U'<4*$%+?Q
;,2B,*4%;U%;<3,4<%4?%O2%;;?:)"%;$%"?2<?:%;
%4 "':'2%; 54< 82?<6< <%4$4"% ;U"":5,<:% ]!2'
$?:^O25:;9?%2%;?<:%;"?2<?:%;;<*4%4<R
" !; 77)1 !" (; 6""17$ /"7
462/$08)5;"7'6)2/"77;)=18"7H
"674"8)="7!J$=2/;8)217I
5?: 2%; ih 5? im 4; B%4,:O 2%; ;"'4:,5;
$U'B52?<,54 $% 2U"<,B,<' *:,"52% ;54< $,)),",2%; 88:'+%4$%:O <4< 2%; '2'3%4<; $'8%4$%4< $% 2
"54054"<?:% :'*,542%O 4<,542% 5? %4"5:% 2U'"+%22%$%2U?:58%R
2/)8)5;"'6)2/"200;1"PQH
22%%;<$'<%:3,44<%85?:2),2,&:%*:4$%"?2<?:%O
3,; ;54 'B52?<,54 %;< $,)),",2%3%4< 8:'B,;,!2%R ,
%22%<%4$4"%)B5:,;%:?05?:$U+?,2%;;?:)"%;
%4 *:4$% "?2<?:%O %22% $5,< ;?!,: 8:&; jhik ?4%
45?B%22% :')5:3% $54< 2U,;;?% %;< ?05?:$U+?,
,4"544?%R
!"01!" 021!)/" "1 $6$/"7 8%?< B5,: ?4
,38"< 85;,<,) ;?: 2 8:5$?"<,54 $% *:4$%;
"?2<?:%;R%<<%<%4$4"%'<'5!;%:B'%2U'"+%22%
$?<%::,<5,:%$?!;;,4$%+?B%"2U'B52?<,54$%;
;?:)"%;"':'2,&:%;O%<2U'3%:*%4"%$%;?:)"%;$%
8:5$?"<,54$%;%3%4"%;R
6)7" =)8)2/" !";> )0487 Q 2 3?<<,54 $?
)54",%: *:,"52% 3,; ?;;, 2 :%"+%:"+% $U?4%
3'2,5:<,54 $%; 8:5$?"<,54;R U::"+*% "54$?,<
2%; *:,"?2<%?:; 2 :%"+%:"+% $% "?2<?:%; $%
$,B%:;,),"<,545?%4"5:%3?<%:2%)54",%:B,<,"52%
B%:;2U?:!4,;<,54R:22&2%3%4<O2%;$,)),"?2<';$%
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
2 ),2,&:% B,<,[B,4,"52% 54< :%4$? 4'"%;;,:% ?4%
$8<<,54 $% "%<<% "?2<?:% %< 2U3'2,5:<,54 $%;
8:5$?"<,54;]$'3:"+%;9?2,<'O^85?:)5?:4,:
?4 8:5$?,< $% 9?2,<' :'854$4< 2U'B52?<,54 $?
3:"+'O8:5$?,<%49?4<,<';?)),;4<%%<:'*?2,&:%
85?:?4%"533%:",2,;<,54%)),""%R
J;61)78)21 "8 / 62)771" !$02'64()5;"
8%?B%4< B5,: 82?;,%?:; ,38"<; ;?: 2U"<,B,<'
*:,"52%R :'$?"<,54 $%; ;?:)"%; *:,"52%;O 9?,
%;<?4,38"<4'*<,)%<9?%2%;:')2%D,54;%4"5?:;
;?:2% ;54<%43%;?:%$%2,3,<%:R$,)),"?2<'
$% 35!,2,;%: $%; <%::%; 85?: 2U%D<%4;,54 $%;
%D825,<<,54; *:,"52%; %D,;<4<%; %< ;;?:%: 2%?:
8':%44,<'O :%4$%4< ?;;, $,)),",2%; 2U%4**%3%4<
$%; 58':<,54; $% :'5:*4,;<,54 )54",&:%
]:%3%3!:%3%4<^R
%8%4$4<O 2 ":5,;;4"% $'35*:8+,9?% 8%?<
*'4':%: 2U'"+%22% 25"2% ?4% $%34$% 9?,O
"533%2%<5?:,;3%O8%?<)B5:,;%:2$,B%:;,),"<,54
%<2"533%:",2,;<,54$%;8:5$?"<,54;%4",:"?,<;
"5?:<;R 2 E $4; "%<<% 8%:;8%"<,B% ?4 %40%? )5:<
85?: 2% <%::,<5,:% $% +?O :'854$:% ?4%
8:5$?"<,54 %< ?4% "533%:",2,;<,54 25"2% $%;
8:5$?"<,54;,;;?%;$%2U*:,"?2<?:%8':,?:!,4%R
J#7 /J"; 42;6 /J'6);/8;6" %;< ?4 %40%?
"8,<2 85?: ;54 3,4<,%4 %< ;54 $'B%2588%3%4<
;?: 2% <%::,<5,:%R 2 8%:3%< 2 $,B%:;,),"<,54 $%;
"?2<?:%;O 2% ;5?<,%4 2 B,<,"?2<?:% "<?%22%3%4<
):*,2,;'%R ,; %4 "5:522,:%O 2U,::,*<,54 $%;
;?:)"%; *:,"52% 85;% 2 9?%;<,54 $% 2 *%;<,54
9?2,<<,B%%<9?4<,<<,B%$%2:%;;5?:"%R
"533?4% $% &F% ""?%,22% ?4% $,F,4%
$U%D825,<<,54;B,<,"52%;O,2;U*,<$%;$53,4%;Q
- '2,4%5?:$4O
-
%22%:%O
,4<[4$:'O
%;%?;%;O
5:%2
:4O
:%;;%2O
54<3:;O
::5?;O
?824O
,4<[?2[2%[:;%,22,;
,"63%
"B%"558':<,B%$%&F%)?;,544'%B%""%22%
$% 53':52;R 2 E %? !%?"5?8 $U::"+*%; ?
4,B%? $%; $53,4%;O 45<33%4< %4 "% 9?,
"54"%:4%5:%2
:4%<2%;%?;%;R%<<%)?;,54
'<'<:&;!'4'),9?%?354$%B,<,"52%O%22%8%:3,;
$% :'2,;%: $%; '"5453,%; $U'"+%22%; B%" 2 "B%
"558':<,B% %< $U::(<%: X2U+'35::*,%Y ,4$?,<%
8:2U::"+*%R
$,)),"?2<'$U,3824<<,54$%;+4*:;%?'*:$
2 8:5!2'3<,9?% $% 2 25, 2,<<5:2 %;< '*2%3%4<
<:&;8:'*44<%R
48:50%<$%+3%?*:,"52%$5,<;%),:%05?:;?:
54<3&F%"6<'$%;25"?D<%"+4,9?%;R
B,<,"?2<?:% $5,< ),:% )"% ?D 8:5!2&3%; $%
3,<*%%<$%;8'"?2<,54R"%;?0%<O2%;$53,4%;
4% ;54< 8; <:58 ,38"<';O ,2 ;U*,< ;?:<5?< $%;
3'F5,;%4"B%"558':<,B%R
54"%:44< 2%; :'"%4<; ,4"%4$,%; $U5A< jhihO 2%
)%? %? ?4 ,38"< ;?: $%; 8:"%22%;
305:,<,:%3%4< !4$544'%;R U,4"%4$,% %;< 8:<,
$%2U!!E%$%23*4%%<,38"<'2%;;%"<%?:;
$%:2%<%<$%5?:"$%R
72
5!,4b:!544%?Z"5B,Z3,%4?:E
,4;,O "%; ,4"%4$,%;O 4U54< 8; '<' <:&;
8:'0?$,",!2%;2U*:,"?2<?:%%<2B,<,"?2<?:%R
&F% %;< "54"%:4'% 85?: 8:<,% 8: 2U88%22<,54
,"85?2 $% ,4%< ]5:%2 %< :4<O 54<3&F%^R :
,22%?:;O?4%*:5;;%8:<,%$%;"'8*%;;54<%48E;
$U"R 2 ;U*,< $% 2U88%22<,54 $%; "522,4%; $% 2
5?::% %< 454 8; $% 2U88%22<,54 "6<% $% +?
"533%53':52;R
4 "% 9?, "54"%:4% 2U*:,<5?:,;3%O "% $%:4,%: ;%
85:<% 82?<6< ;?: 2%; 4",%4; $53,4%; "533%
,4<[?2[2%[:;%,22,; ]B25:,;<,54 $% 2
8:5$?"<,54^O 5:%2 :4 ]"38,4* ":^O :%E;%2 ]
*-<%;^%<%22%:%]*-<%;^R
"B% "558':<,B% $% &F% %;< $%B%4?% ?4
"B%? B%" ;22% $% :'"%8<,54 %< B%4<% $,:%"<%R
%;"54"+E2,"?2<%?:;4U54<8;;5?+,<';U;;5",%:
2$'3:"+%R
% )#54 *'4':2%O 2 B,<,"?2<?:% %4 8:<,%
8':,"2,<' ? 8:5),< $%; "<,B,<'; ;;5",'%; 2U'<4*
$% +?R 4 5?<:%O 2U"<,B,<' B,<,"52% %;< %4
3?<<,54"54;<4<%%<2%3'<,%:$%B,%4<$%82?;%4
82?; :,*5?:%?DR ,4;,O "538<%: $% jhilO ?4
"%:<,),"< ;%: 4'"%;;,:% ),4 $% !'4'),",%: $%;
8:5$?,<;8+E<5;4,<,:%;R
%; 4?,;4"%; 5"";,544'%; 8: 2%; 28,4; ;54<
'*2%3%4< <:&; 8:'0?$,",!2%; ? B,*45!2%R %
8+'453&4%%;<88:?$%8?,;<:5,;5?9?<:%4;R
4%))%<O$%8?,;"%<<%$<%O2%;28,4;<<9?%4<2%;
0%?4%;824;%<3(3%2%;0%?4%;;5?"+%;R
:'*?2<,54 $%; 858?2<,54; %;< <:&; $,)),",2% %))%"<?%: %4 :,;54 $%; 453!:%?D <%::,4; %4
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
):,"+%;R45?<:%O2%3,<*%$%;+!,<<,54;8%:3%<
$%"54;<,<?%:$%453!:%?D:%)?*%;R
% 8+'453&4% 9?, <:5?B' ; ;5?:"% ?D !5:$;
$% 2U'"5;,<% 8%?< ;U%D82,9?%: 8: 2U!;%4"% $U+,B%:
82?B,%?DR 4 %))%<O 2%; 4,"+'%; 4% ;54< 82?;
,454$'%;
%4*%4$:4<
?4%
;?:858?2<,54
"54;'9?%4<%R
4 5?<:%O 2% 349?% $U%? ?4 ,38"< 454
4'*2,*%!2%;?:2%;:%4$%3%4<;B,<,"52%;R
?<:% 2 B,*4%O $%; "?2<?:%; $% !2'O $% 85,; "+,"+%
%<$%<5?:4%;52;54<8:';%4<%;;?:2%<%::,<5,:%R
4 $'453!:% '*2%3%4< 9?%29?%; 3%254;O $%;
52,B,%:;,4;,9?%$%;3:-"+%:;$54<?4%4),2,&:%
X!,5Y9?,;U,4;<22%R
2 88:-< '*2%3%4< 9?% 2 "5+!,<<,54 B%" 2%;
",<$,4;%;<$%82?;%482?;$,)),",2%R
?: 2% 824 $% 2 ;<:?"<?:% $%; %D825,<<,54;O 2%;
"558':<%?:; ;54< 82?<6< 3,<';R '435,4;O $%;
'"+4*%; ;U%))%"<?%4< 8: 2U,4<%:3'$,,:% $?
)%:3*%R ,4;,O 2 <%4$4"% "<?%22% B $4; 2
:%"+%:"+% $UX,25<;YO "U%;< $,:% $% *:4$%;
8:"%22%; "538:,;%; %4<:% i %< k +%"<:%;R :
,22%?:;O 2%; "+%3,4; *:,"52%; ;54< *25!2%3%4<
!,%4%4<:%<%4?;R
5<54; %4 "5382'3%4< 9?% 2% 453!:% $%
B,<,"?2<%?:; %4 "B% "558':<,B% "54"%:4% ?4%
9?,4F,4%$%8:5)%;;,544%2;B,B4<;$%2B,*4%R
73
5!,4b:!544%?Z"5B,Z3,%4?:E
21(?/);/8;6""8/4%("/';1)6"
8("+% %< 2%; "?2<?:%; 3:,4%; )54< 8:<,% $%;
"<,B,<';'"5453,9?%;$%8:%3,%:5:$:%2U'"+%22%
$?!;;,4B%:;4<$%2U'<4*$%+?R
8("+%;?:2%;2*?4%;$%+?%;<8:<,9?'%8:
2%;8%<,<;3'<,%:;R
%;"<%?:;;54<2%82?;*'4':2%3%4<852EB2%4<;O
%D%:#4< 2%?: "<,B,<' ?;;, !,%4 ;?: 2%; '<4*;
9?U%4 3%:O <4< 85?: 2 :%;;5?:"% "59?,22&:% 9?%
85?:2:%;;5?:"%+2,%?<,9?%R
54"%:44<2U5;<:',"?2<?:%O2%;8:5)%;;,544%2;;54<
"54):54<';?D8:5!2&3%;;?,B4<; Q
- 8%:<%$%4,;;,4;O
- X32.*?%YO
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
4B,:54 ik hhh < $U+?-<:%; ":%?;%; ]:;;5;<%:
*,*;^ %< kmhh < $% 35?2%; ]E<,2?;
*2258:5B,4",2,;^ ;54< 8:5$?,<%; 44?%22%3%4<
$4;22*?4%$%+?R
2 )?< 05?<%: "%; 8:5$?"<,54; 2%; "59?,22*%;
,;;?; $? 4'*5"% ]in hhh < 44?%22%;^ %< 2%;
8:5$?"<,54; ,;;?%; $%; ),2,&:%; %4 3%: ]m hhh < $%
35?2%;8:4%435E%44%^R
% 453!:% 3D,3?3 $% <!2%; 9?% 8%?<
"5385:<%: 2 2*?4% $% +? %;< 2,3,<' j pin
?4,<';O :'8:<,%; ;?: 2%; k ;%"<%?:; Q 5?F,*?%;[
5?8,4O &F% %< :;%,224 ];5?:"% Q ;"+'3 $%;
;<:?"<?:%;^R
%; $544'%; jhhn ];5?:"% ["522%"<% $%;
$'"+%<; "54"+E2,"52%;^ )54< '<< $% nom
'<!2,;;%3%4<; $U'2%B*% ;?: 2 2*?4% $% +?O
8:3, 2%;9?%2; jlh ;54< :%*:5?8'; ? ;%,4 $% 2
"558':<,B% $%; m 85:<; %< kk %4:%*,;<:'; %4 <4<
9?U"<,B,<'$%4'*5"%R
4 jhhpO nil %4<:%8:,;%; ;%:,%4< %4:%*,;<:'%;
;%2542%;3(3%;;5?:"%;O%D825,<4<jlhh<!2%;R
4<:%jhhp%<jhhq28:5)%;;,54%;<,3%%4<:%imh
%< jhh 2% 453!:% $% <!2%; $54< 2U%D825,<<,54
?:,<'<'!4$544'%R
? $%2 $%; 'B52?<,54; ;<:?"<?:%22%; $% 2U"<,B,<'
]"%;;<,54;O $'8:<; %4 :%<:,<%S^ 2 8:5)%;;,54
<:B%:;% ?4% ":,;%O 382,),'% 8: 2 32.*?% $%
jhhn %< 8: 2 35:<2,<' $%; "+%8<%2; ;?!,% B%"
382%?:$%8?,;2U'<'jhhpR
8("+%%;<2U"<,B,<'282?;4",%44%;?:22*?4%
$%+?R"<,B,<':<,;42%%<<:&;B:,'%;%2542%;
<%"+4,9?%; 3,;%; %4 7?B:%O %22% 85:<%
8:,4",82%3%4< ;?: 2U4*?,22% 3,; ?;;, ;?: 2%;
?<:%; %;8&"%; <%22%; 9?% 2% 25?8O 2 $?:$%O 2
;52%S
4 jhhpO jqn 2,"%4"%; 54< '<' ""5:$'%; 85?: 2
8("+%8:5)%;;,544%22%;?:2U'<4*$%+?%<kp;?:
28:?$U+53,%$%:54<,*44R
%; 8<:54; 8("+%?:; ;54< :<<"+'; ?D
8:?$U+53,%;O*:5?8%3%4<;,;;?;$?35E%4 *%O%<
:'*,;8:$'":%<,38':,2$%ipmqR
5?,;;4<$U?4%?<5:,<'35:2%%;;%4<,%22%$4;2
8:5)%;;,54 %< 2 *%;<,54 $%; :%;;5?:"%;
+2,%?<,9?%;O %22%; ;54< $%; ,4<%:25"?<%?:;
8:,B,2'*,'%; $%; ?<5:,<'; $3,4,;<:<,B%;R %?:
8%:;,;<4"% %;< ?4% ;8'",),",<' $% 2 8("+%
3'$,<%::4'%44%R n 8:?$U+53,%; ;54< :<<"+'%;
? "53,<' 25"2 $%; 8("+%; $% &<%O 2?, 3(3%
:<<"+' ? "53,<' :'*,542 $%; 8("+%; 3:,<,3%;
%<$%;'2%B*%;3:,4;R
%?D $U%4<:% %22%; "54"%:4%4< $,:%"<%3%4< 2
8("+%2*?4,:%Q28:?$U+53,%$%2U'<4*$%+?
%<"%22%$%:54<,*44R
54"%:44< 2%; "59?,22*%;O $% 3?2<,82%;
<%"+4,9?%;$%8("+%;54<?<,2,;'%;;%2542%;;,<%;%<
2%;%;8&"%;R4;2F54%$%;k3,2%;O2%;%;":*5<;O
B,52%<;%<35?2%;;54<8("+';28254*'%5?2
8("+% 2 $:*?% :%35:9?'%R 8("+% 8,%$O 2
8254*'% %4 84'% 5? 2U:;%,22&:% ;54< 2%;
<%"+4,9?%; 2%; 82?; ?<,2,;'%; 85?: 2 8("+% $%;
825?:$%;%4'<4*R
74
5!,4b:!544%?Z"5B,Z3,%4?:E
62!;8)217!"/4%(";>4"8)870$8)"67I
5:3,; 85?: 2 8("+% 2U4*?,22%O ,2 4UE 8;
$U5!2,*<,54$%$'"2:<,54$%;8:,;%;R%;"8<?:%;
$%;8%<,<;3'<,%:;;?:2%;'<4*;]+?%<4*:,2^%<
%43%:<5<2,;%:,%4<?4<544*%$%2U5:$:%$%
phhh<]$544'%;jhhj^R
5?: 2U%4;%3!2% $% 2 F54% 3'$,<%::4'%44%O 54
'B2?% %4<:% phh %< i hhh < 8: 4 2%; "8<?:%;
$U4*?,22%;R 5?: 2 8("+% "59?,22&:%O 2%;
8:5$?"<,54;B5,;,4%; 2%;kkhh<44?%22%;O<5?<%;
%;8&"%;"54)54$?%;R
"7462&"77)211"/7721821&6218$7;>462/#0"7
7;)=187H
- U%?<:58+,;<,54$%;%?D2*?4,:%;O
- %;8522?<,54;!,525*,9?%;O
- ":,;%$%35:<2,<'$%;+?,<:%;":%?;%;O
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
#7 X``^G /"7 2//"8)=)8$7 ;> 38$7 !"7
462&"77)211"/7G 218 0)7 "1 4/" ;1 !)7427)8)& !"
2//"8" !"7 !$("87 )77;7 !" /J8)=)8$G 4;)7 !"
86)8"0"18 PYWWWQ )"1 =18 5;" /
6#'/"0"188)21 1" /J)0427" P6!2111" !; X_
-;)//"8YWW\6"/8)=";>24$68)217!J)00"67)21QI
?05?:$U+?,O "U%;< %4B,:54 ih
hhh <Z4 $% $'"+%<; "59?,22';
%< jhh <544%; $% 9?, ;54<
"522%"<'; %4 85:<% 85:<% ;?:
2U%4;%3!2% $%; F54%; $%
8:5$?"<,54 $% 2 2*?4%R %;
8:5$?,; "522%"<'; ;54< %4;?,<%
<:4;)5:3'; 2U?;,4% $?
5?::% 24" ]&F%^R %
8:,4",8% $% <:,<%3%4< :%85;%
$%8?,; 2U'<' jhhp ;?: ?4
$,;85;,<,) $% "5385;<*%
':5!,% 9?, 8%:3%< $%
$'*:$%:23<,&:%5:*4,9?%R
"7 462!;)87 )1"68"7 7218
"17;)8"
=/26)7$
"1
0"1!"0"18 26'12N/)5;"
42;672/I
75
5!,4b:!544%?Z"5B,Z3,%4?:E
; :!+#.%-.+ ,.+ % (&&.' '
A?@?8
e";!!;8"66)82)6"200;1/H
26*11(61
20*1#"##//#066#
#2966#/1 PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
76
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
e"26!N;"78!;8"66)82)6"200;1/H
20*1#6/#8
*189//#67#*//*7
#76#>77#/7
77
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
e"26!N78!;8"66)82)6"200;1/H
78
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
e"7)1"1!)"7!J2<8YWXWH
1 #1"*#7"#'*1"I298XVWVD462=*0*8%"#7)*88*217
79
5!,4b:!544%?Z"5B,Z3,%4?:E
kQ <<
2U%4B,:544%3%4<
,4,<,2
$%
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
35E%44% %;< $% jid B%" $%?D 8':,5$%; <:&;
"+?$%; ]),4 0?,4 %< 5A<^R P296 #F */1 /*08*59#
119#/XVV_E772 *8*21 /*082/2(*59#"#/I
%69/8QG
H211$"7'$24(?7)5;"7
;,('',%#&-#*.,
"533?4% $% &F% %;< ?4% B,22% $?
$'8:<%3%4< $% 2U':?2< !'4'),",4< $?
/)080$!)8"661$"1R
#04%6896#7
% "2,3< 3'$,<%::4'%4 %;< ":"<':,;' 8: $%;
8:,4<%38; 8:'"5"%; %< ;5?$,4;O ?4% "+2%?:
:$%4<%%4'<'O$%;5:*%;B,52%4<;%4?<534%%<
$%; +,B%:; *'4':2%3%4< $5?D 3,; 8:)5,;
:,*5?:%?DR B,22% $% &F% !'4'),",% $U?4
3,":5"2,3< 45<33%4< $? ),< $% ; 85;,<,54 %4
!5:$?:% $% 2*?4%Q 2%; %3!:?4; %< 2U,: $5?",
<%38&:%4< 2%; 82?; )5:<%; "+2%?:; %< 3,4,3,;%4<
2%; +,B%:; 2%; 82?; :?$%;R % 3,":5"2,3< 4U%;<
8%:"%8<,!2% 9?% ;?: j 13 %4B,:54 2U,4<':,%?: $%;
<%::%;R ,4;,O 2% 5:$ $% 2 "533?4% ;?!,< $%;
B:,<,54; 82?; "54<:;<'%;Q ,2 ;U88:%4<%
$UB4<*%?"2,3<$%282,4%24*?%$5",%44%R
?: 2U%4;%3!2% $% 2U44'% jhhqO 2 <%38':<?:%
35E%44% ;?: 2U':?2< '<,< ;?8':,%?:% imd ;5,<
;?8':,%?:% 2 45:32% $% 82?; $% idR 3,4,32% 35E%44% '<,< 8:5"+% $% ihd B%" $%;
8':,5$%; ):5,$%; %< *'2,B%; %4 04B,%:O )'B:,%:O ),4
3:; %< '*2%3%4< 3,[$'"%3!:%R 3D,32%
=2/;8)21YWW`!"78"04$68;6"7-2;61/)#6"7
7;6/"!$468"0"18!"/J
$6;/8
P296 #F772 *8*21/*082/2(*59#"#/S
%69/8DXVV_Q
/9;*20%86*#
%;82?,%;?<5342%;%<+,B%:42%;;54<;;%F
,385:<4<%;B%"82?;$%mhnhv$?"?3?2
44?%2R %; 82?,%; 8:,4<4,&:%; ;54< 82?;
35$':'%; B%" jh v $? "?3?2 44?%2R 82?B,53'<:,% 44?%22% ;?: 2 "533?4% $%
&F%%;<),!2%B%"?4%35E%44%$%lqh33
Z 4R 2 %;< <53!' kpi 3,22,3&<:%; $% 82?,% &F% %4 jhhq $U8:&; 2%; :%2%B';
82?B,53'<:,9?%; 9?5<,$,%4; %))%"<?'; 8: 2%
:$% +38(<:% 05:R 35E%44% $%;
8:'",8,<<,54; 44?%22%; %4 :4"% %;< $% ohh
33R&F%%;<$54"4%<<%3%4<%4$%;;5?;$%
"%<<%35E%44%R
%;'8,;5$%;82?B,%?D;54<:'8:<,;;?:?48%<,<
453!:%$%05?:;Qjj05?:;$%82?,%&F%%4
jhhqR
%; 8+'453&4%; $U,454$<,54; 2,'; ? "2,3<
3'$,<%::4'%4 ]5:*%; "'B%452;^ ;54<
:'"?::%4<;R 22%; ;% 8:5$?,;%4< ;5?; )5:3%
$UB%:;%; B,52%4<%;O ::%; %4 8':,5$% %;<,B2%R
22%;8%?B%4<%4*%4$:%:%<)B5:,;%:?4%":?%
$%; "5?:; $U%? 8:,4",8?D 5? $U,385:<4<;
8+'453&4%; $% :?,;;%22%3%4< 82?B,2R %;
8:'",8,<<,54; ;54< %4 *'4':2 ""538*4'%;
$%B%4<;$%;%"<%?:?$[;<*'4':<%?:;$U?4%
;?:'2'B<,54$?4,B%?$%23%:R
#187
% B%4< $53,44< %;< 2 8602181"R 2 ;U*,<
$U?4 B%4< ;%" %< ):5,$ $% $,:%"<,54 5:$ Z
5:$[?%;<5:$\?%;<R
80
5!,4b:!544%?Z"5B,Z3,%4?:E
;!(%(!#-%+%# (%2/2(*#
"533?4% $% &F% ;U'<%4$ ;?: $%;
)5:3<,54;?;;,$,B%:;%;8:2%?: *%9?%8:
2%?:9?2,<'R
"+'3<,9?%3%4<O 2% <%::,<5,:% "533?42 ;%
;",4$% %4 $%?D ?4,<'; 35:8+525*,9?%;
$,;<,4"<%;Q
• 4/)1" /)8826/" 9?, 5""?8% 2
30%?:% 8:<,% $? <%::,<5,:%R 22% %;<
)5:3'% $% ;'$,3%4<; <%:<,,:%; %<
9?<%:4,:%;R 22% %;< 2:*%3%4<
5""?8'%$4;;8:<,%;?$8:2U'<4*
$% +?R %; )5:3<,54; :%4"54<:'%;
$<%4<$%2U%2B'<,%4?:$,*2,%4%<$?
2,5"&4% B%" ?4% 2<%:44"% $%
",225?<,; 9?:<F%?DO !:&"+% %< :*,2%
:5?*% %< $%; ,4<%:"2<,54; 3:,4%;R
4 45<% '*2%3%4< 9?% 2 30%?:%
8:<,% $? 5?:* $% &F% :%85;% ;?:
$%;$'86<;",225?<%?D$?9?<%:4,:%R
%; 22?B,54; :'"%4<%; %< 35$%:4%;
;54< :%"%4;'%; ? 4,B%? $%;
$,))':%4<;"5?:;$U%?$?<%::,<5,:%R
• %; 7"8";67 !" 7 6"/)"&7 ;,<?'; ?
45:$ $? <%::,<5,:% "533?42R %;
;%"<%?:; ;54< )5:3'; $% *:&; ? ;%,4
$%;9?%2; ;54< ,4<%:"2'; $%; !4"; $%
"2",:%;$?":'<"';?8':,%?:R
U26)')1"'$2/2')5;"!"//';1"!"(;%;<
2 )5,; <%"<54,9?% %< ;'$,3%4<,:%R %;
"?B%<<%;)5:3'%;8:2%;),22%;;?""%;;,B%;$%
<%::,4; ;% ;54< ,454$'%; im iphhh 4;
B4< 45<:% &:%R 4;?,<%O 2%; "5?:4<; 3:,4;
54< $'85;' ? )?: %< 3%;?:% $%; ;!2%; 9?,
54< 2%4<%3%4< )5:3' 2% 2,$5R % $%:4,%: %;<
85;<':,%?:2U'859?%:53,4%R
%;$/$0"187!"75;"/"88"!"!)127;6"754<
'<'<:5?B';$4;2:'*,54$%,22%B%E:"O3,;
"% ;54< $%; ):*3%4<; $% "59?,22%; $U7?); $%
$,45;?:%; 9?, !54$%4< $4; 2U%4;%3!2% $%
2 F54%R %; $'"5?B%:<%; ;54< 8:';%4<'%; %<
3,;%; %4 B2%?: $4; 2% 3?;'% 8:" $%;
$,45;?:%;$%&F%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
81
5!,4b:!544%?Z"5B,Z3,%4?:E
68"'$2/2')5;"!"/200;1"!"#@"
296 #FD1'2#66#
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
#6#/*#'
% :%2,%) *'4':2 $% 2 "533?4% %;< 8%?
3:9?'R % :%2,%) %< 2 *'525*,% $% &F% ;54<
'<:5,<%3%4<2,';B%"?4:%2,%)9?,;U'"+%2544%
$%W0#86"7?4,B%?$%2U'<4*^\0#86"7
$4; 2 8:<,% 45:$ $? <%::,<5,:% 82?;
B22544'%R
82
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;+,."1+(!+)"#*.
#6%7#9)>"62(64)*59#794#6'* *#/
% :';%? +E$:5*:8+,9?% ;?8%:),",%2 $% 2
"533?4% $% &F% %;< !"17" "8 204/">"R 2
<:3%2%<%::,<5,:%$%34,&:%8%:8%4$,"?2,:%
22*?4%$%+?R
%; 8:,4",8?D "5?:; $U%? 8:';%4<; ;?: 2%
<%::,<5,:% "533?42 ;54<Q 2% 22;O 2%
%;9?,%:O54<:<;O2%&*?%[9?%;O254<
$%; ?<%;O 2UE*?%;[*?%;R 2 ;U*,< $% "5?:;
$U%? $% <,22% 35$%;<%R %?: :'*,3%
+E$:525*,9?% %;< $% <E8% 3'$,<%::4'%4Q
2U'"5?2%3%4<%;<),!2%4?2230%?:%8:<,%
$% 2U44'% %< ,2; 8:';%4<%4< $% 453!:%?D
;%"<%?:; ;%" %4 '<,*% %< ;54< ;%4;,!2%; ?D
":?%;
<5::%4<,%22%;
?<5342%;
5?
8:,4<4,&:%;R
" //7 %;< 2% "5?:; $U%? 2% 82?; ,385:<4<
%4 <%:3% $'!,<R 2 4-< ;?: 2 "533?4% $%
,22%B%E:" $U?4 "+%B%2? $% 8%<,<; :?,;;%?D
,4<%:3,<<%4<; $:,44< 2% B%:;4< ;?$ $?
"?;;%$U?3%2;R2<:B%:;%282,4%B,<,"52%
;%254 ?4% $,:%"<,54 5:$[?$ B4<
$U<<%,4$:%22*?4%8:&;?48:"5?:;$%pRm
13R 54 '"5?2%3%4< $U'<,*% %;< <:&; ),!2%
B%" $%; ;;%"; <%385:,:%;R 8:<,% !;;%
%;< ;5?; 2U,4)2?%4"% $%; %?D ;?3 <:%; $% 2
2*?4%R
83
5!,4b:!544%?Z"5B,Z3,%4?:E
8:<,% ;?$ $? <%::,<5,:% "533?42 %;<
5""?8'% 8: 2U$81' !" (; $4; 2%9?%2 ;%
0%<<%4< 2%; :?,;;%?D $% &*?%[9?%;O E*?%
EO%;9?,%:;%<2%22;RU'<4*5""?8%?4%
;?8%:),",% $% 8:&; $% omhh +%"<:%; ? <5<2O
iilh+%"<:%;;%<:5?B%4<;?:2"533?4%$%
&F% ;5,< io v $% 2 ;?:)"% $% 2U'<4*R 4%
8:<,% $? "42 $? 3,$, 8;;% ;?: 2% <%::,<5,:%
$4;;8:<,%;?$R
8242'64()"G/J(?!620264()"G/J)042681"
"8 /J)66$';/6)8$ !"7 4/;)"7G 6"1!"18 "68)17
7"8";67!"/200;1")121!/"7I
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
84
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
#6%7#9)>"62(64)*59#7298#66*1
4 $,;<,4*?% ;?: 2% <%::,<5,:% "533?42 $%?D
*:4$%;3;;%;$U%?;5?<%::,4%$%4,B%?i
]296 # FN ^ Q
• ? 45:$Q ?4% 3;;% $U%?
,38%:3'!2%25"2%3%4<9?,)&:%O
• ?;?$Q?4%3;;%$U%?$53,44<%
;'$,3%4<,:%R 2 ;U*,< $% 2U5;)&#6"
!"77/"778)"17R
77"7!J";72;8"66)1"!"1)=";WX
296 #FD
85
5!,4b:!544%?Z"5B,Z3,%4?:E
H)75;"718;6"/7"88"(12/2')5;"7
; +#,*. :#'('-#(' - ,.&+,#('&+#'
%;:,;9?%;$U)121!8)21]:?,;;%22%3%4<82?B,2
%< $'!5:$%3%4< $% :?,;;%?D^ "8 !"
7;0"67)21 06)1" ;54< ,$%4<,),'; ;?: 2
"533?4%R
?,< ::(<'; $% "<;<:58+% 4<?:%22% 54< '<'
8:53?2*?'; &F% %4<:% iqpn %< jhhj ]B5,:
<!2%? ", 8:&;^R %; 'B&4%3%4<; 3:9?4<;
;54<Q
• %;":?%;$%iqmpOiqnlOiqoi%<iqqqO
• <%38(<%$?o%<p45B%3!:%iqpjO
• %;<%38(<%;$%iqqoOiqqqOjhhkR
#6*759#"I*121"8*21#8/#7298*/7
"#46%;#18*21
% :%2,%)O 2% "2,3< 3'$,<%::4'%4 ]),!2%;
8:'",8,<<,54;%4'<'%<)5:<;5:*%;%4$'!?<
$U?<534%^
"5?82';
?
3,22*%
+E$:5*:8+,9?% $%4;% $? <%::,<5,:% %< 2U,38%:3'!,2,;<,54 $%; ;52; :%4$%4<
"%:<,4%; 8:<,%; $? <%::,<5,:% ,454$!2%;R
U%;< 2% "; $%; !5:$; $% 2U'<4*O $%; 82,4%;
,454$!2%; ]%4 B2 $%; "5?:; $U%?^ %< $%;
!4$%;,454$!2%;2%254*$%;"5?:;$U%?R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
%; :,;9?%; $% :?,;;%22%3%4< 82?B,2 %< $%
$'!5:$%3%4< $% :?,;;%?D ;54< $54"
,385:<4<; ;?: 2 "533?4%R %; :?,;;%?D
"54"%:4';8:?4:,;9?%$%$'!5:$%3%4<;54<
2%;;?,B4<;Q
• %22;O
• %%;9?,%:O
• %53!%4*2%O
• &*?%9?%;O
• 54<;?<%;O
• 59?,22$%;R
4 /1 !" 6$="18)21 !; )75;" 121!8)21
]^ '<' 8:%;":,< ;?: 2%; in "533?4%; $?
!;;,4 B%:;4< $% 2U'<4* $% +?O $54< 2
"533?4% $% &F% ]::(<' jhhoZhiZiqjn $?
ij ;%8<%3!:% jhho^R %; '<?$%; %4 "5?:;
8%:3%<<:54< ?4% 8:5"+,4% 88:5!<,54 $?
R
&F% 4% $,;85;% 8; $% 7($0
!J77)1)77"0"18 4/;=)/R 2 4U%D,;<% $54" 8;
$%$5"?3%4<$%3-<:,;%$%;%?D$%82?,%%<
$?:?,;;%22%3%4<;?:2%<%::,<5,:%R
" !"=6 =")//"6 /)0)8"6 " 6)75;"
12800"18 "1 /)0)818 /J)04"60$)/)78)21
!"7 72/7 2; "1 77;618 ;1 782.'" "8 ;1"
2//"8"!"7";>!"4/;)"I
#6*759#"#790#67*2106*1#
#8/#7298*/7"#46%;#18*21
"533?4% %;< %4 !5:$?:% $% 2U'<4* $%
+?R %; <%38(<%; ;?: 2 3%: 3'$,<%::4'%
,4)2?%4< ;?: 2%; '<4*; %< 2% :,;9?% $%
;?!3%:;,54 3:,4% 8: 2U'<4* $% +? ;?: 2
"533?4% %;< %;<,3' j 3&<:%; R 4%
$5"<:,4% :'*,542% %4 3<,&:% $% 8:'B%4<,54
$% "% :,;9?% '<' 8:53?2*?'% 8: 2 :')%<R
22% ,$%4<,),% 2%; F54%; 9?, E ;54< ;5?3,;%; %<
8:585;% $%; ;52?<,54; 85?: :'854$:% 2U'2'B<,54$%23%:%44*?%$5"5?;;,2254R
; 6"'6! !"7 6)75;"7 46$7"187 7;6 /
200;1"G/"!"=6H
• 18"6!)6" 82;8" 21786;8)21 12;="//"
!17/"7@21"7!J/$7/"74/;7&2687G
• 6$7"6="6/"7(047!J">417)21!"7
6;"7G
• 18"6!)6" 82;8 "1!)';"0"18 2;
6"0/)"0"18 12;="; 5;) 1" 7"6)8
47-;78)&)$46/4628"8)21!"7/)";>
&268"0"18;61)7$7G
• $!;)6" /"7 6)75;"7 46 /J!488)21
!"7 21786;8)217 ">)7818"7 ;>
6)75;"7 )121!8)21 P21"48 !"
0)8)'8)21XYQI
ij,<,*<,54;,*4,),%<<'4?<,54%43<,&:%$%8:'B%4<,54$%;:,;9?%;
4<?:%2;30%?:;R3,<,*<,548;;%8:?4%852,<,9?%$%8:'B%4<,54
B,;4<:'$?,:%2B?24':!,2,<'$%;%40%?D%<2U,4<%4;,<'$%"%:<,4;2';R
86
5!,4b:!544%?Z"5B,Z3,%4?:E
66%8$7!"6"211)771"!"878624("18;6"//"7;6/200;1"
!"#@"
?4"!"
878624("
"04%8"
$;8/"
)1/"
66%8$!;
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;6/"
!;
hnZiiZiqpj ihZiiZiqpj ipZiiZiqpj iqZiiZiqpj
121!8)21
"82;/$"7
!"2;"
121!8)21
"82;/$"7
!"2;"
121!8)21
"82;/$"7
!"2;"
121!8)21
"82;/$"7
!"2;"
121!8)21
"82;/$"7
!"2;"
ikZihZiqpn ioZihZiqpn joZhiZiqpo ilZhjZiqpo
iqZihZiqqh iqZihZiqqh ijZhpZiqqi khZhpZiqqi
jkZihZiqqh jlZihZiqqh jpZhkZiqqi ioZhlZiqqi
iqZihZiqql jhZihZiqql hkZhmZiqqm hoZhmZiqqm
inZijZiqqo iqZijZiqqo hjZhjZiqqp ipZhjZiqqp
121!8)217G
2;/$"7!"
2;""8
(27
0$1)5;"7 inZijZiqqo iqZijZiqqo hjZhjZiqqp ipZhjZiqqp
/)$7
/J8)21!"7
=';"7
121!8)21
"82;/$"7
!"2;"
hnZhqZiqqq hnZhqZiqqq hkZhkZjhhh iqZhkZjhhh
121!8)21
"82;/$"7
!"2;"
iiZijZjhhj ijZijZjhhj khZhlZjhhk jjZhmZjhhk
296 #F6*0G1#8
87
5!,4b:!544%?Z"5B,Z3,%4?:E
;+#,*. . (+-
4 8:2% $% :,;9?% $% )%? $% )5:(<
3'$,<%::4'%44% 85?: ":"<':,;%: 2% :,;9?%
,4"%4$,% ;% $'"2:4< ? 4,B%? $%; !5,;O
)5:(<;O 24$%; %< *::,*?%; ,4;, 9?% $%;
824<<,54;)5:%;<,&:%;%<$%;:%!5,;%3%4<;
"533?4% %;< "54"%:4'% 8: 2% :,;9?% )%?
$% )5:(<R U%;< %4 8:,4",8% ?4% 200;1" !"
4/)1" 86#7 4"; 7"17)/" $U8:&; 2% "+'3
'8:<%3%4<2 $U3'4*%3%4< $%; 5:(<;
]iqql^R % "5?B%:< )5:%;<,%: $% 8,4; $U2%8
%D,;<4< ;?: 2 "533?4% %;< "5385;' $%
!5;9?%<; ,;52'; %4<:% 2%;9?%2; 2 8:58*<,54
$? )%? ;% <:5?B% ,4<%::538?%R "7 7"8";67
7"17)/"7 ; 6)75;" )1"1!)" 7218 7;682;8
/2/)7$7!17/468)"126!!;8"66)82)6"B%"
$%;F54%;$U2')5:<%<35E%4R
5?:<4< 2U,4"%4$,% $? kh 5A< jhih )5:<%3%4< <5?"+' ?4% *:4$% 8:<,% $% 2
"533?4%O E "538:,; $%; F54%; ;,<?'%; %4
$%+5:; $%; F54%; $U2' 8:';%4<'%; ", "54<:%
]lho +%"<:%; ;54< 8:<,; %4 )?3'% %4<:%
&F% %< ,22%B%E:"^R ?: 2 "533?4%O 2%;
F54%; "54"%:4'%; 8: "%< ,4"%4$,% ;U'<%4$%4<
2% 254* $% 2UD% 9?, 254*% 2 :5?<% nik ]%D
iik^ $%8?,; 2 F54% ,4$?;<:,%22% ]5@ $%;
! <,3%4<;54<'<'%4$533*';%<2U?4$U%4<:%
%?D \ ;5",'<' %;;,&:%; \ 9?;,3%4< $'<:?,<^
0?;9?U?D 85:<%; $% &F%R % )%? ;U%;<
8:,4",82%3%4< $'B%2588' $4; 2 8:<,%
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
*:,"52%"?2<,B'%%<%4<:%<%4?%O45<33%4<%4
"':'2%;$%2"533?4%R
5<54; 9?% "%<<% F54% %;< "54"%:4'% 8: $%;
8:50%<;$%25<,;;%3%4<;R
U?4% $%; "?;%; $% 2U'<%4$?% $% 2U,4"%4$,%
$4;?4;%"<%?:5@2%:,;9?%'<,<%;<,3'),!2%
;%3!2% (<:% 2U'<< $% ):,"+% $% 82?;,%?:;
"+38;2%4<5?:;O82?;5?*?&:%"?2<,B';R
%2 ;5?2&B% 2 9?%;<,54 $% 2U%4<:%<,%4 $%
<%::%;"2;;'%;*:,"52%;3,;9?,$4;2%;),<;
;%X)%:3%4<Y)?<%$U(<:%%D825,<'%;R
%< ,4"%4$,% %< 2U382%?: 9?U,2 8:,; :88%22%
'*2%3%4< 2U,385:<4"% $? $'!:5?;;,22*%
8:2%;8:<,"?2,%:;?<5?:$%2%?:;8:58:,'<';R
% $'!:5?;;,22*% $%B:,< (<:% 3,;% %4 82"%
%4 "5382'3%4< $%; 5!2,*<,54; $%
$'!:5?;;,22%3%4<
;U882,9?4<
?D
"54;<:?"<,54;$%<5?<%4<?:%;,<?'%;35,4;
$% jhh 3&<:%; $%; !5,;%3%4<; 5? $U%;8"%;
4<?:%2; ;%4;,!2%;R %; F54%; ;5?3,;%; $'!:5?;;,22%3%4< ;?: 2 "533?4% ;54<
%;;%4<,%22%3%4< ;,<?'%; ? 5:$ $%
2U?<5:5?<%qR;?:)"%<5<2%$%;F54%;$%
$'!:5?;;,22%3%4<%;<$%ljn+R
" !"=6 6$$=/;"6 " 6)75;"H )17) 21
$=)8"6 !" /2/)7"6 /"7 ()88)217 462>)0)8$ !" 2)7"0"187 )1&/00/"7 0)7
4";8 %86" $'/"0"18 !" @21"7 '6)2/"7 4";
">4/2)8$"7G 42;6 /"75;"//"7 !2)8 7" 427"6 /
5;"78)21 !; !"="1)6 !17 /" 7($0
200;1/I
296 #FDXVV_
88
5!,4b:!544%?Z"5B,Z3,%4?:E
<+#,*.&#'#+
&F% %;< "54"%:4' 8: 2%; 4",%44%;
"54"%;;,54;$%?D,<%$%54<82,;,:%<$%2
5?9?%<<% ;,<?'%; $4; 2 8:<,% 45:$ $% 2
"533?4%R U%D825,<<,54 $% !?D,<% '<,<
;5?<%::,4% <5<2% ]30%?:% 8:<,%^ 5?
8:<,%22%R ?05?:$U+?,O ;%?2% ?4% 3,4% ",%2
5?B%:< $% !?D,<% %;< %D825,<'% ,22%B%E:"R
U%;<2;5",'<'ik9?,%;<<,<?2,:%$%
2"54"%;;,54R
"533?4% %;< "54"%:4'% 8: 2%; /$7
&&)77"0"18G 877"0"18 "8 $0)77)21 !" '@
!"0)1"R
J&&)77"0"18Q ,2 ;U*,< $U?4% $')5:3<,54
2%4<%O 8:5*:%;;,B% %< ;5?82% $%; <%::,4; $%
;?:)"% ,4$?,<% 8: 2U'!5?2%3%4< $% "B,<';
;5?<%::,4%; %< 9?, ;% <:$?,< 8: 2U88:,<,54
$U?4% $'8:%;;,54 <585*:8+,9?% ;4; :?8<?:%
";;4<%,385:<4<%R
U2' )),;;%3%4< %;< ),!2%R 2 %;< <4*%4< 2 2,3,<% $% 2 "533?4% B%" 5?8,4 8:5D,3,<',33'$,<%$?8?,<;$%25?9?%<<%R
%?2% 2 :5?<% $% &F% ,22%B%E:" :%"5?8%
"%<<%F54%$U2'R
ik
5",'<'$%'B%2588%3%4<4$?;<:,%2%<$%
533%:",2,;<,54$%2U;;5",<,54$%;:%4<;$U4)4<;
4$8<';R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
"877"0"18Q548:2%$%<;;%3%4<;25:;9?%
2%;35?B%3%4<;$?<%::,4;U%D82,9?%4<8:2
:%"538"<,54 $U?4 3;;,) 3%?!2% 5? ))%"<'
8: $%; <:B?D ;5?<%::,4;R 5?; 2U"<,54 $%
8%:<?:!<,54;
%D<':,%?:%;
];?:"+:*%;O
B,!:<,54;O 35?B%3%4<; $% 488%S^ 5? $%
2%?: 8:58:% 85,$;O 2%; <%::,4; 8%?B%4< ;%
<;;%:%<$544%:4,;;4"%$%;35?B%3%4<;
$%),!2%382%?:]$%2U5:$:%$'",3'<:,9?%^R
U2' <;;%3%4< %;< ),!2%R 2 '<' :%<%4?
$4; 2 F54% $U,4)2?%4"% $%; <:B?D $% 2
5?9?%<<%%<$%54<82,;,:R
J$0)77)21 !" '@ !" 0)1"Q 2% 8+'453&4%
$U'3,;;,54 $% *F $% 3,4% 4'"%;;,<% 2
8:';%4"% $U?4 :';%:B5,: ]2%; <:B?D
;5?<%::,4;^O $U?4 *F $4*%:%?D %< ?4%
85;;,!,2,<'$U""?3?2<,54%<$%3,*:<,54B%:;
2;?:)"%$%;<%4%?:;;,*4,),"<,B%;R538<%
<%4?$%28:';%4"%85<%4<,%22%$%$,5DE$%$%
":!54%O $U,: $';5DE*'4'O $% ;?2)?:%
$U+E$:5*&4% 5? 'B%4<?%22%3%4< $% :$54
]454 "54),:3' 8: 2%; :%<5?:; $U%D8':,%4"%^O
?4 2' '3,;;,54 $% *F $% 3,4% ),!2% '<'
:%<%4? ?<5?: $% 2U5:,),"% $? 8?,<; $% 2
5?9?%<<%R F54% $U2' <4*%4<% ?4
! <,3%4<R
"533?4% ),< 2U5!0%< $U?4 $,*45;<," $%;
:,;9?%; 9?, 8%:3%<<: $% 3%<<:% %4 82"% ?4
24 $% :'B%4<,54 $%; ,;9?%; ,4,%:;
]^;,4'"%;;,:%R28%:3%<$%:;;%3!2%:
2"544,;;4"%$%;:,;9?%;$?;?D4",%44%;
%D825,<<,54;3,4,&:%;;?:?4<%::,<5,:%$544'O
$% $'2,3,<%: 2%; F54%; 9?, E ;54< %D85;'%; %<
$UE $'),4,: 45<33%4< 2%; "54$,<,54; $%
"54;<:?"<,54O $U5""?8<,54 %< $U?<,2,;<,54 $%;
;52; ,4;, 9?% 2%; 3%;?:%; :%2<,B%; 2U3'4*%3%4<O 2U?<,2,;<,54 5? 2U%D825,<<,54$%;!,%4;%D,;<4<;R
% :,;9?% $%B: (<:% ,4<'*:' 2 :')2%D,54 $?
R 2U,4<':,%?: %< ? B5,;,4*% $%;
4",%44%; F54%; $% <:B?D 3,4,%:;O 2%;
45?B%22%; "54;<:?"<,54; $%B:54< (<:%
,4<%:$,<%;R
296 #F 44268 "# D XWLVZLXVV\D *18*89/%
J=4/2*88*21 "# 9=*8# "# *//#;#>6 N 20091#7 "#
294*1D $?# #8 *//#;#>6 N "%468#0#18 "#
/I
%69/8KG
89
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
90
5!,4b:!544%?Z"5B,Z3,%4?:E
\ %:,;9?%<:4;85:<$%3<,&:%;
$4*%:%?;%;
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
% :,;9?% :4;85:< $% <,&:%; 4*%:%?;%;
]^ %;< "54;'"?<,) ?4 "",$%4< ;%
8:5$?,;4< 25:; $? <:4;85:< $% 3<,&:%;
$4*%:%?;%;O ;5,< 8: ?4,<' 35!,2% ]B5,%
:5?<,&:%O)%::5B,,:%O)2?B,2%5?3:,<,3%^;5,<
8: 2,%4 ),D% ]*F5$?"O 52'5$?"O S^R 2 8%?<
%4<:-4%: $%; "54;'9?%4"%; *:B%;O B5,:
,::'3'$,!2%; 85?: 2 858?2<,54O 2%; !,%4; %<
2U%4B,:544%3%4<R
U8:&;2%5;;,%:'8:<%3%4<2$%;,;9?%;
0%?:;O 2%; ,4):;<:?"<?:%; "54"%:4'%; 8: 2%
:,;9?% ;?: 2 "533?4% ;54< 2%;
;?,B4<%;Q
• 2%'@2!;2184"//)"6N$@)"6O
• 4):;<:?"<?:%;:5?<,&:%;Q
o ]XZG
o `G
o \XI
)?<?:% $'B,<,54 &F% \ 5?8,4 ;%:
B:,;%3!2!2%3%4< "54"%:4'% 8: $%; )2?D $%
<:4;85:< $% 3<,&:%; $4*%:%?;%;R 22% 4%
),*?:% 8; ;?: "%<<% ":<% "538<% <%4? $?
349?%$%8:'",;,54;9?4<;54<:"'%D"<
2U+%?:% $% 2 :'$"<,54 $% "% :885:<R %<<%
B5,% $%B: "%8%4$4< (<:% ,4<'*:'% ?D
:')2%D,54;85:<4<;?:2%;B5,%;$%<:4;85:<$%
3<,&:%;$4*%:%?;%;R
91
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
6)//"82;87N&)/"77"7M244268;1)8$70"1"7H"76)75;"718;6"/7"88"(12/2')5;"7
)8;8)218;"//"
d
%?$%:,;9?%;<%"+4525*,9?%;
N
2',454$<,54,385:<4<;?:2%<%::,<5,:%"54"%:4%"%:<,4%;
F54%;$%4;'3%4<8%?82'%;
8:5"+,4%3%4<88:5?B';?:2
"533?4%
!;%4"%$%;"+'3$U;;,4,;;%3%4<82?B,2
8':<,54;$%$'!:5?;;,22%3%4<
'!:5?;;,22%3%4<,4;?)),;4<O):,"+%;
*:,"52%;
2,*4%
54<8%22,%:%:8,*4485?::,<
B%4,:;U05?<%:"%;B5,%;]?4;"'4:,5B%"
$?):%<^
N
N
N
N
"1!1"7
4:,;9?%$%:?,;;%22%3%4<?:!,4%<$%$'!5:$%3%4<$%
"5?:;$U%?,385:<4<"538<%<%4?$?:';%?$%4;%$%"5?:;
$U%?
42')%?$%)5:(<;?:<5?<$4;28:<,%45:$$?<%::,<5,:%
$54"'25,*4'$%;F54%;$U+!,<<,543,;$'!:5?;;,22%3%4<
,4;?)),;4<w):,"+%;*:,"52%;w?:!4,;<,54%D<%4;,B%y
"":5,;;%3%4<$?:,;9?%;]")R,4"%4$,%hpZih^
42'3,4,%:2,'28:';%4"%$U4",%44%;"54"%;;,54;$%
!?D,<%3,;,24%"54"%:4%8;$%F54%$U+!,<<,54
:5,;,4):;<:?"<?:%;$%<:4;85:<"54"%:4'%;8:2%:,;9?%
;?:2%<%::,<5,:%
d
<5?<85?:2%
<%::,<5,:%
N
,!2%;;%85?:
2%<%::,<5,:%
;,<?<,54
,4,<,2%B;%
85?:;?,B:%
5?2%?:B%:<%
%;8%:;8%"<,B%;
$U'B52?<,54;54<
85;,<,B%;
;,<?<,54
,4,<,2%B:2%4<,:
5?;U,4B%:;%:
%;8%:;8%"<,B%;
5?2%?::5?*% $U'B52?<,54;54<
4'*<,B%;
92
5!,4b:!544%?Z"5B,Z3,%4?:E
H)2!)="67)8$"80)/)";>18;6"/7
; , #'/'-#+, - %, )+(--#(',
$.+##*.,
0#,-'-,
%:'/#+(''&'-
1;#18*6#77 *#18*'*59#7
4$,;<,4*?%Q
• "7 !" 8?4" 9?, ;54< $%; F54%;
$54< 2U,4<':(< %;< 2,' 2 8:';%4"%
$U%;8&"%;O$U;;5",<,54;$U%;8&"%;5?$%
3,2,%?D:%3:9?!2%;O":"<':,;<,9?%;$?
8<:,35,4% 4<?:%2 4<,542 5? :'*,542R
%;F54%;;54<8:<,"?2,&:%3%4<;%4;,!2%;
$%; 3'4*%3%4<; 5? $%;
35$,),"<,54;
$?
)54"<,544%3%4<
'"525*,9?%$?3,2,%?R
• "7 !" 8?4" 9?, ;54< $% *:4$;
%4;%3!2%; 4<?:%2; :,"+%; 5? 8%?
35$,),'; 8: 2U+533% 5? 9?, 5)):%4< $%;
85<%4<,2,<'; !,525*,9?%; %< 8E;*&:%;
,4<':%;;4<%;R?:"%;F54%;O,2,385:<%$%
:%;8%"<%:2%;'9?,2,!:%;'"525*,9?%;%<O%4
8:<,"?2,%:O 2%; <%::,<5,:%; $% 2 )?4%
;'$%4<,:% 5? 3,*:<:,"%R 2 "54B,%4<
'*2%3%4<$%;U;;?:%:9?U?"?4%%;8&"%
8:5<'*'%4U%;<;?;"%8<,!2%$U(<:%$'<:?,<%
8:2%;3'4*%3%4<;%4B,;*';R
"533?4%$%&F%%;<"54"%:4'%8:Q
• i $% <E8% 4",%44% *'4':<,54 Q
X549?%Y
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
"54$?,< 2 $';,*4<,54 $% 54%; $%
:5<%"<,548'",2%]^O
•
•
i$%<E8%QX<4*$%+?Y
i$%<E8%4",%44%*'4':<,54Q
X<4*$%+?%<;%;:,B%;Y
• i $% <E8% Q X5382%D% 82?$5[
2*?45[$?4,:%$%*4;%<$%+?YR
%; 21"7 0426818"7 42;6 / 217"6=8)21
!"7 )7";> PQ ;54< $%; F54%;
$U,4B%4<,:% $% 2UB,)?4%R 4; "%; F54%;O
<5?<%; 2%; 3%;?:%; 85?: 8:';%:B%:O 3,4<%4,:
5? :'<!2,: ?4% $,B%:;,<' %< ?4% ;?8%:),",%
;?)),;4<% $U+!,<<; 85?: 2%; %;8&"%; B,B4<
4<?:%22%3%4< 2U'<< ;?B*% $5,B%4< (<:%
8:,;%;R X<4* $% +?Y ;% <:5?B%
85?:8:<,%;?:2"533?4%R
%; ),"+%; :%2<,B%; ?D 45?B%22%;
*'4':<,54; 8:';%4<%; ;?: 2% <%::,<5,:%
"533?42 ;54< 82"'%; %4 44%D% "%
$5"?3%4<R 22%; 8%:3%<<%4< $% 8:'",;%: 2%;
8':,3&<:%; *'5*:8+,9?%; %< 2U%4;%3!2% $%;
%;8&"%; )?4,;<,9?%; %< )25:,;<,9?%; ),;4<
2U5!0%<$%8:5<%"<,54
1((#0#187#9624%#17#8
*18#618*219=>1891#
4268%#-96*"*59#
% :';%? <?: jhhh "538:%4$ 2%; ;,<%;
$';,*4'; ? <,<:% $% $%?D $,:%"<,B%;
%?:58'%44%;Q
• )6"8)=" K)7";>LO 9?, ;U,4<':%;;% 2 8:5<%"<,54 $%; 5,;%?D ;?B*%; %< 9?,
• )6"8)=" K
)887LO 9?, "54"%:4% 2%;
+!,<<; 4<?:%2;O 2 )?4% %< 2 )25:%
;?B*% %< 9?, 8%:3%< 2 $';,*4<,54 <%:3% $% 54%; 8'",2%; $% 54;%:B<,54
]^O "<?%22%3%4< "544?%; ;5?; 2% ;,*2%
$%,<%;$U385:<4"%533?4?<,:%]^
$4;2U<<%4<%$%2%?:$';,*4<,54%4R
?: 2% <%::,<5,:% "533?42O 82?;,%?:; ;,<%;
88:<,%44%4<?:';%?<?:jhhhQ
• i ;,<% $U,4<':(< "533?4?<,:% ],:%"<,B%
!,<<;^QK
"6)"67!"/J$81'!"(;LI
• j F54%; $% 8:5<%"<,54 ;8'",2%],:%"<,B%
,;%?D^Q
o K/)1" !" )//"="?6N218'1L
]::(<'3,4,;<':,%2$?o3:;jhhn^P
o K81' !" (; "8 )!2 !" #8" '!"L
]::(<'3,4,;<':,%2$?ho3:;jhhn^R
%; $% "%; k ;,<%; ;54< %4 "5?:;
$U'2!5:<,54R %; ]5"?3%4<;
$U!0%"<,);^ ;54< 2 )5,; $%; $5"?3%4<; $%
$,*45;<,"%<$U5:,%4<<,5485?:2*%;<,54$%;
;,<%;<?:jhhhR
93
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
94
5!,4b:!544%?Z"5B,Z3,%4?:E
74#"7"8()887?18-;78)&)$/
!$7)'18)21!"77)8"78;6YWWW
74#"72;()887
"065;"7
2,4%$%,22%B%E:"[54<*4"
25?%<<%2?2?P9//9/
';,$%4<%
626#QR
:?4<5:<524
%8:5$?"<,54
P0#6*?)2689/1Q_
?;:$"%4$:'P*6 97 %8:5$?"<,54
4>(6(97QR
,:"&<%%4[2%[!24" %8:5$?"<,54
P*6 #897(//* 97Q_
?"54":'"%:%22%<<%
%8:5$?"<,54
P/ 219011*QR
:4$[$?"$`?:58%
';,$%4<%
P9292QR
,2445,:P*/;97
%8:5$?"<,54
0*(617QR
,%[*:,&"+%85,<:,4% %8:5$?"<,54
:5;%P1*970*126Q_
,8,<:5?;;%2,4%
%8:5$?"<,54
P18)97 04#786*7QR
522,%:$`?:58%
%8:5$?"<,54
P26 *7(669/97QR
<4*$%+?%<2,$5$%&<%*$%
,*:%<<%*:F%<<%
';,$%4<%
](6#88(6?#88^_
B5"%<<%'2'*4<%
';,$%4<%
]# 96;*62786
;27#88^_
"+;;%!24"+%
';,$%4<%
]
*0182497
)*0182497^_
234<:5;%
,B%:4*%
])2#1* 248#697
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
74#"7"8()887?18-;78)&)$/
!$7)'18)21!"77)8"78;6YWWW
74#"72;()887
"065;"7
69#6^_
5'24$$`?$5?,4
,B%:4*%
]6979"29*1**^_
:&!%"5?45,:
,B%:4*%
]2"* #471*(6* 2//*7^
':54*:$%[!5%?);
%8:5$?"<,54
]99/ 97**7^
5?%<<%
,B%:4*%
3'245"'8+2%]697
0#/12 #4)/97^_
5?%<<%:,%?;%P697 %8:5$?"<,54
6*"*91"97Q
,8,<:5?;;%2,4%
%8:5$?"<,54
P18)97 04#786*7Q_
<%:4%"?*%1P8#61 %8:5$?"<,54
71";* #17*7Q_
<%:4%4,4%P8#61
%8:5$?"<,54
/*'6217QR
%:!,%:;$%2U'<4*$%+?
:4$%;":,9?%;%<
,<%<:&;
!,%;8%?8:5)54$%;
,385:<4<85?:
"%<+!,<<
';1"738)#6"7
)<%,385:<4<
85?:"%<+!,<<
)88
46)26)8)6"H
+!,<<%4
$4*%:$%
$,;8:,<,54;?:2%
<%::,<5,:%
%?:58'%4$%;
<<;3%3!:%;
74#"7"8()887?18-;78)&)$/
!$7)'18)21!"77)8"78;6YWWW
74#"72;()887
"065;"7
%<85?:2
"54;%:B<,54
$%;9?%2;2`4,54
%?:58'%44%
85:<%?4%
:%;854;!,2,<'
8:<,"?2,&:%
:';;2';
,<%,385:<4<
3'$,<%::4'%4;
85?:"%<+!,<<
]91 #8/*06*8*0*^
,<%,385:<4<
5?::';+258+,2%;
3'$,<%::4'%4;%<
85?:"%<+!,<<
<+%:35[<24<,9?%;
]6 2 261#8#
'698* 27*^
296 #F
)884FLL1896XVVVG# 2/2(*#G(29;G'6L7*8#7L
95
5!,4b:!544%?Z"5B,Z3,%4?:E
* <5?<%; 2%; %;8&"%; ",<'%; B%" "% ;,*2% _ ;54<
,4;":,<%; 2`44%D% $% 2 ,:%"<,B% ,;%?DO "%
;54< $54" $%; %;8&"%; ),;4< 2`5!0%< $% 3%;?:%;
$% "54;%:B<,54 ;8'",2% "54"%:44< 2%?: +!,<<O
),4$`;;?:%:2%?:;?:B,%%<2%?::%8:5$?"<,54$4;
2%?:,:%$%$,;<:,!?<,54R
4$%+5:;$%;%;8&"%;)?4,;<,9?%;$%2,:%"<,B%
,;%?DO $U?<:%; %;8&"%; ;54< 8:';%4<%; ;?: 2%;
8':,3&<:%;<?:jhhh$%2U'<4*$%+?%<;54<
$54" 8:%4$:% %4 "538<%R :3, %22%;O 54 8%?<
",<%:Q
• l %;8&"%; $U38+,!,%4;Q ,4%<<%
3':,$,542%O :8?$ "23,<%O '25$E<%
854"<?'O:,<54823'R
• p %;8&"%; )25:,;<,9?%; $U,385:<4"%
4<,542%O :'*,542% 5? 25"2%Q 2<+'4,%
$% !::4$54O :!% $% ?8,<%:O "E4<+%
:53,4%O ?*:4% ;4; '8,4%O 2;,),;
+E!:,$%;O ;;, +,:;?<O 53?2'%
:3,),'%O:,8;,;%"?2%<R
• k %;8&"%; B'*'<2%; ::%;Q 6 *7797
8?#//D6 )*7/=*'/26D4*4 8*74/9786*7R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
296 #4)2827F46%7#188*21"#77*8#7896XVVV"#)9D>1"* 80*=8#"977*1"#)9D67XVV_
96
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
#74628# 8*21798*86#"#/2*
*8826/
4 <4< 9?% "533?4% 2,<<5:2%O 2 "533?4%
$% &F% %;< "5?B%:<% 8: 2% "+'3 $% ,;%
%4 2%?: $% 2 %: ]^ $% +?R %
$%:4,%: :';%:B% %4 8:,5:,<' 2 2*?4% $% +?
?DB5"<,54;$%8("+%%<$%"?2<?:%;3:,4%;R
2 8:'"54,;% '*2%3%4< ?4% 3-<:,;% $%
2U?:!4,;<,54 ;?: 2% !;;,4 B%:;4< $% 2
2*?4% $% +? 9?, ;%: ,4<'*:%: ? R
%<<% B5"<,54 8;;% 8: ?4% 8:5<%"<,54 $%;
3,2,%?D4'"%;;,:%2U'9?,2,!:%$%22*?4%$%
+?R
% B52%< 3:,<,3% $? 5 $% +? %;< %4
"5?:;$U'2!5:<,54R
5, ,<<5:2 $'),4, $%; "74"7
6"065;/"7]iln[n^R%;F54%;+?3,$%;%<
,454$!2%;O 2%; O %< F54%; <?:
jhhh $%B:54< (<:% "54;,$':'; "533% $%;
%;8"%;:%3:9?!2%;R
%;%;8"%;$5,B%4<(<:%8:';%:B';%<
!'4'),",%:$U?4%8:5<%"<,548:<,"?2,&:%%4
<4<9?U%;8"%;2%;82?;":"<':,;<,9?%;O
:,"+%;5?;%4;,!2%;$?85,4<$%B?%
'"525*,9?%R
97
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
98
5!,4b:!544%?Z"5B,Z3,%4?:E
#77#6;*89"#7"I98*/*8%49/*59#
2?;,%?:; ;%:B,<?$%; ;U882,9?%4< 2
"533?4% $% &F%O %22%; ;54< 2,;<'%; ",[
$%;;5?;%<$%B:54<),:%2U5!0%<$U?4%8:,;%%4
"538<%$4;2%R
X N "6=)8;!"7 !" 4628"8)21 !"7
021;0"187()7826)5;"7
&; 9?U?4 354?3%4< ),< 2U5!0%< $U?4
"2;;%3%4< 5? $U?4% ,4;":,8<,54 ;?:
2U,4B%4<,:%O ,2 %;< ,4;<,<?' 85?: ; 8:5<%"<,54
%<;3,;%%4B2%?:?48':,3&<:%$%B,;,!,2,<'
$% mhh 3R B5,% $53,<,%44% %< 2%; B%;<,*%;
:"+'525*,9?%;$?22;;54<$54""54"%:4';
8:"%<<%;%:B,<?$%R
#6;* # (#78*211*6#F #6;* # #66*826*/# "#
/I6 )*8# 896##8"986*02*1#PQ
[ 69# //# /S;&59# M Z_ VXVM YZ _\]
#"#=X
YN$6)0#86"7!"4628"8)21!"77)8"7
% 8':,3&<:% "54"%:4% 2% ;,<% ,4;":,< X8:<,%
;<$?B,22*%YR
#6;* # (#78*211*6#F #6;* # #66*826*/# "#
/I6 )*8# 896##8"986*02*1#PQ
[ 69# //# /S;&59# M Z_ VXVM YZ _\]
#"#=X
Z N 1/)78)21 !" !)786);8)21 "8 !"
86174268!"'@18;6"/
%<<% ;%:B,<?$% ;U882,9?% ? *F5$?"
]<:54#54 jhh 54<8%22,%: \ 'F,%:;^R ?: 2
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
"533?4%O 2%; 8:"%22%; "54"%:4'%; ;54<Q
qipO qinO kpiO nknO iphO okqO okpO
nmhO ioiO nlqO kooO kopO koqO kphO
limO
linO
liqO
ljj%<
ljkR
%; F54%; $% $4*%: $5,B%4< (<:% $'2,3,<'%;
$% 8:< %< $U?<:% $%; "42,;<,54; $% *F
]F54%; $% $4*%:; ;,*4,),"<,);O *:B%; %< <:&;
*:B%^R
#6;* # (#78*211*6#F ? "# 61 # N %(*21
%"*8#661%#
"#*18201NYVZ]V
[ N 8/)77"0"18 !" 1/)78)217
$/"86)5;"7
2;U*,<$%;2,,;54;':,%44%;Q
• nk1i5?8,4[%F%4;O
• jjm1i2:?"\25:%4;"R
25, 8:'B5,< 2U,4;":,8<,54 $U?4 "5?25,: $U?4%
2:*%?:$%nh385?:?4%2,*4%nkhhhB52<;j
",:"?,<; %< $% ph 3&<:%; 85?: ?4% 2,*4%
jjmhhh B52<; %< "%O 85?: ;;?:%: 2
"538<,!,2,<' $%; 5?B:*%; B%" 45<33%4<
2%;%;8"%;!5,;';"2;;';R
#6;* # (#78*211*6#F 6174268 1(9#"2 M2977*//21
XV*7D;#19#"#"21#762/21(%#
YZ[VV
`N"6=)8;!"!"477'"!"74)$82177;6/"
/)8826/
&F% %;< "54"%:4'%O %4 !5:$?:% $? $53,4%
8?!2,"3:,<,3%O8:2;%:B,<?$%254*,<?$,42%
3%4<,544'% ?D :<,"2%; inh[n %< inh[n[i
%<inh[p%<inh[q$?5$%$%2U:!4,;3%R
;< ,4;<,<?' $% 82%,4 $:5,< ;?: 2% 2,<<5:2 ?4%
;%:B,<?$% $% 8;;*% 2U?;*% %D"2?;,) $%;
8,'<54;O9?,*:&B%2%;8:58:,'<';:,B%:,4%;$?
$53,4% 8?!2," 3:,<,3% ;?: ?4% !4$% $%
<:5,; 3&<:%; $% 2:*%R ?) %D"%8<,54
;<:,"<%3%4< $'),4,% 8: 2U:<,"2% Rinh[im $?
5$% $% 2U:!4,;3%O %22% 4% 8%?< *:%B%: 2%;
<%::,4; <<%44<; $%; 3,;54; $U+!,<<,54
%< "25; $% 3?:; ? hi 04B,%: iqonO 35,4;
9?% "%2 ;5,< 2% ;%?2 35E%4 $U""&; ? :,B*%
$%23%:R
4% ;%:B,<?$% $% 8;;*% $%; 8,'<54;O
<:4;B%:;2% ? :,B*%O %;< ,4;<,<?'% ;?: 2%;
B5,%; %< "+%3,4; 8:,B'; $U?;*% "522%"<,)
%D,;<4<;R%<<%;%:B,<?$%85?:!?<$%:%2,%:
2 B5,:,% 8?!2,9?% ? :,B*% $% 2 3%: 5? ?D
;%4<,%:; $U""&; ,33'$,< "%2?,[",O %4
2U!;%4"% $% B5,% 8?!2,9?% ;,<?'% 35,4; $%
mhh3&<:%;%<8%:3%<<4<2U""&;?:,B*%R
#6;* #
(#78*211*6#F
*6# 8*21
%468#0#18/#"#7#66*82*6#7#8"#/#6"#
/I
%69/8 M #6;* # 0%1(#0#18 "9 #66*82*6#
78N*77*21*8826/#
[XVD //%# #16> 218026#1 > M YZ VYZ
#"#=X
Y N "6=)8;!" 6"/8)=" ;> $8/)77"0"187
2786$)2/"7 "8 25;)//)"67 "8 ')7"0"187
18;6"/7!J(;)86"7"8!"25;)//'"7
99
5!,4b:!544%?Z"5B,Z3,%4?:E
;
+', &#%#.0 )+,'-, ,.+ %
-++#-(#+-#(#/+,#-,,(#
533%2%2,;;%%4<%4$:%2;?8%:85;,<,54$%
F54%; $U,4B%4<,:% %< $% 8:5<%"<,54 ;?: 2%
<%::,<5,:%O&F%!'4'),",%$U?4%4B,:544%3%4<
4<?:%2 %D<:(3%3%4< :,"+%R "533?4%
8:';%4<% ?4% *:4$% $,B%:;,<' $% 3,2,%?D %<
$U%;8&"%; ;;5",'%;R %; 82?; %3!2'3<,9?%;
;54<2U'<4* $% +? %< ;%; F54%; +?3,$%;
;;5",'%;R 2; ;54< !:,&B%3%4< $'":,<; ;,
$%;;5?; ;?: 2 !;% $%; ,4B%4<,:%; $%; F54%;
$% 8:5<%"<,54 ",<'; 8:'"'$%33%4<R %;
%;8&"%; $U5,;%?D E ;54< 8:<,"?2,&:%3%4<
453!:%?;%; %< "5385:<%4< $%; %;8&"%; ::%;
%<8:5<'*'%;R
I%81("#)9
1;#18*6#7#80#796#7"#4628# 8*21796/#7*8#
%:!,%:;$%2U'<4*$%+?
<4*$%+?%<2,$5$%&<%*$%
<4*$%+?
<4*$%+?
4",%44% *'4':<,54 <4* $% +?
%<;%;:,B%;
"5382%D% 82?$5[2*?45[$?4,:% $%
*4;%<$%+?
#7 6*48*21(%1%6/#
U8:&; 2U,4B%4<,:% $%; F54%; +?3,$%; $%
2U':?2<O2U'<4*$%+?%;<?4%F54%+?3,$%
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
)5:< ,4<':(< 8<:,354,2 %< ? 4,B%? $%
3%4"%)5:<R
? ;%,4 $%; F54%; +?3,$%; $% 2 "6<%
24*?%$5",%44%O 2U'<4* $% +? %;< ?4%
2*?4% 5:,*,42% 8: ; 8:5)54$%?: %< ;54
2,3%4<<,54%4%?D$5?"%;%<3:,4%;R2%;<
?4% F54% $`,4<':(< 30%?: $`?4 85,4< $% B?%
'"525*,9?%O)?4,;<,9?%%<)25:,;<,9?%R
%; !5:$; $% 2`'<4* ;54< ;;%F ?:!4,;';
8?,;9?% n B,22%; 5? B,22*%; ;54< "54;<:?,<; 8:5D,3,<' ,33'$,<% $%; !%:*%;R % "%4<:%
?:!,4$%&F%%;<2?,[3(3%<:&;8:5"+%$%;
!%:*%; $% 2U'<4*R %; !%:*%; $% 2U'<4* ;54<
'*2%3%4< "54"%:4'%; 8: 2% 8+'453&4% $%
"!4,;<,54R
`'<4*),<2`5!0%<$%Q
• ("+% $? ),< $% 8("+%?:;
8:5)%;;,544%2;P
• 54"+E2,"?2<?:%P
• 9?"?2<?:%P
• "<,B,<';<5?:,;<,9?%;%<$%25,;,:;P
• +;;%?*,!,%:$`%?R
• * )#77#'/26*78*59#
% ;,<% !:,<% $% 86#7 =78"7 ("6)"67 !"
@278#6"7 ]5;<%: 44 %< 5;<%: 3:,4^ %4
<:&; !54 '<< $% "54;%:B<,54R U!;%4"% $%
3:'%O %< $54" 2 8:';%4"% "54;<4<% $U?4%
"%:<,4%'8,;;%?:$U%?'B,<%?DF5;<&:%;$%
*%2%:O"%9?,2%?:8%:3%<$%;%3,4<%4,:*: "%
?4% :%8:5$?"<,54 8: B5,% B'*'<<,B%R
U'<4*5)):%'*2%3%4<$U)042681877"8";67
!"&6?#6"7R
?: 2%; F54%; +?3,$%; %4 !5:$?:% $% 2U'<4*
;% $'B%2588% ;1" !2;@)1" !R"74#"7 66"7
!218 Z &)';6"18 7;6 / /)78" !"7 "74#"7
4628$'$"7R2;`*,<$%Q
• /> >66)*? (/6 ]2 '*2,;;%^ Q ?4%
<:&; *:5;;% ;<<,54 ;% $'B%2588% $4;
?4%F54%:%34,'%P
• 2#'/*1(* )*741* Q %;8&"% %4
$4*%:9?,8%?<[(<:%$'0$,;8:?%P
• 6*7(#601* ;6'/26#18*1R
+"?4% $% "%; 824<%; ;54< 8:';%4<'%; ",[
$%;;5?; ]$% *?"+% $:5,<%Q /> >66)*? (/6D
2#'/*1(*)*741* D6*7(#601* ;6'/26#18*1^R
;" !" /J$81' !" (; !"4;)7 /" "186"
;6)1 !" #@" P296 #F )884FLL<<<G;*//#M0#?#G'6LQ
100
5!,4b:!544%?Z"5B,Z3,%4?:E
* )#77#'91*78*59#
% ;,<% !:,<% ?4% 86#7 '61!" 6)("77"
=)&;1)78)5;"R %; ;2,4; ,4;, 9?% 2%; F54%;
+?3,$%; $? 45:$ $% 2`'<4* ;54< $%; ;,<%;
$`""?%,2 %< $% :%85; 85?: ?4% B,)?4%
3,*:<:,"%%<4,"+%?;%8:<,"?2,&:%3%4<:,"+%P
2`'<4* %;< $`,22%?:; ?4 ;,<% "2;;'
$`,385:<4"% ,4<%:4<,542% %4 "% 9?,
"54"%:4%2%234<:5;%O"`%;<'*2%3%4<?4%
F54%$`+,B%:4*%85?:2%
:&!%"5?45,:R54
,385:<4"% %;< $`5:$:% 4<,542 %4 "% 9?,
"54"%:4% 2 4,$,),"<,54 $% 2`"+;;% !24"+%
],34<58?; +,34<58?;^ ": "%<<% %;8&"%
85;;&$%;?:2%;!%:*%;$%2`'<4*282?;*:5;;%
"5254,% $? 4*?%$5"[5?;;,2254 %< $% 2
<%:4%4,4%]<%:42!,):54;^R,*4254;?;;,
?4% <:&; *:5;;% 858?2<,54 4,"+%?;% $%
5'24$
:*%4<'
]:?;
:*%4<<?;^R
?[$%2 $% ; :,"+%;;% B,)?4,;<,9?%O 2U'<4*
$% +? 8:';%4<% ?4% &;1" 06)1"
!$="/244$"RQ <5?<%; 2%; "2;;%; $`4,3?D
9?<,9?%; ;54< :%8:';%4<'%; %4 !54$4"% P
$%8?,; 2%; '854*%; %< 2%; "5:?D 0?;9?`?D
85,;;54; ;4; 5?!2,%: 2%; B%:;O 2%; 3522?;9?%;
%<2%;":?;<"';R
`?4 85,4< $% B?% ,"+<E525*,9?%O "`%;< ?4%
F54% <:&; )B5:!2% ?D 3?*,$'; %< ?D
4*?,22%;R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
,*:%<<%*:F%<<%
<%:4%4,4%
88"#7#9="#/I%81("#)9#846#77*217
U'<4* $% +? ;% "5385:<% "533% ?4
:'"%8<"2%$%;%?D$%82?,%$`?4B;<%!;;,4
B%:;4< 9?, "5385:<% 82?;,%?:; <:,!?<,:%; ]2
&4%O 2% 22;O 2 &*?%O 2%; 54<4,22%;RRR^R
U7"1"!"7($0!J77)1)77"0"184/;=)/
;?: 2 "533?4% $% &F% 85;% 8:5!2&3%
8?,;9?% 2U'<4* %;< 2% :'"%8<"2% $% :?,;;%?D
"+%3,44<;?:2"533?4%R
" 7)8" "78 86#7 82;($ 46 /"7 42//;8)217O
9?`%22%; ;5,%4< $`5:,*,4% $53%;<,9?%O
,4$?;<:,%22%5?*:,"52%R%8?,;jhhnO2%!;;,4
$%+?%;<,4;":,<8:3,2%;F54%;;%4;,!2%;
2U%?<:58+,;<,54
$?
!;;,4
+64%
'$,<%::4'%R
%3(3%O$%;20/"0"187854"<?%2;;?:2%;
!%:*%; %4 B?% $% 2 ":'<,54 $`,4):;<:?"<?:%;
<5?:,;<,9?%;%<,4$?;<:,%22%;;54<":,4$:%R
1)78)21 $%; !%:*%; $% 2U'<4* %;<
'*2%3%4< ?4% ;5?:"% $% $'*:$<,54 $% 2
9?2,<' $%; %?D ]:%0%<; $U%))2?%4<;
$,:%"<%3%4< $4; 2% 3,2,%? 4<?:%2 85?: 2%;
,4;<22<,54; 454 :""5:$'%; ? ;E;<&3%
$U;;,4,;;%3%4<^R
234<:5;%PB5"%<<%'2'*4<%
74#"7!J2)7";>!J)18$6%8200;1;8)6"
46$7"18"77;6/J$81'!"(;
101
5!,4b:!544%?Z"5B,Z3,%4?:E
#7?21#7)90*"#7 F"#70*/*#9=
#=86&0#0#186* )#70*70#1 %7
U'<4* $% +? %;< 2 8:,4",82% F54% +?3,$%
8:';%4<% ;?: 2 "533?4% $% &F% 3,; "% 4U%;<
8;2;%?2%RU,4B%4<,:%$'8:<%3%4<2$%;F54%;
+?3,$%; $% jhhn:%"%4;% 9?<:% ?<:%; F54%;
+?3,$%;;?:2"533?4%Q
• 82,4%$?%;9?,%:O
• U%3!5?"+?:%$?22;O
• 549?%%<2%;;2,4;$%&F%O
• %5?::%24"R
?: 2%; m F54%; +?3,$%; 8:';%4<%4< %4 <5<2,<' 5?
85?: 8:<,% ;?: 2 "533?4%O <5?<%; ;54<
"54"%:4'%;8:?44,B%?$%3%4"%;)5:<R
%; F54%; +?3,$%; ;54< $%; 3,2254;
,4$,;8%4;!2%;$4;2%"E"2%$%2U%?R';%:B5,:;$%
!,5$,B%:;,<'O %22%; ;;?:%4< ?;;, $% 453!:%?;%;
)54"<,54; '"525*,9?%;Q B':,<!2%; ),2<:%; 85?: 2%;
%?DO F54%; 4<?:%22%; <3854 %4 !5:$?:% $%
2*?4%OF54%$U%D84;,54$%":?%;O2,%?D:'":'<,);
%<8'$*5*,9?%;S
22%;;%":"<':,;%4<8:28:';%4"%O8%:34%4<%
5? <%385:,:%O %4 ;?:)"% 5? ),!2% 8:5)54$%?:
$4; 2% ;52O $U%? $5?"%O ;?3 <:% 5? ;2'%R 2U,4<%:)"% %4<:% <%::% %< %?O %22%; ;% $,;<,4*?%4<
8:$%;;52;82?;5?35,4;*5:*';$U%?%<8:?4%
B'*'<<,54 $53,44<% "5385;'% $% 824<%;
$8<'%; ?D 3,2,%?D 9?<,9?%; 5? +?3,$%; ?
35,4;8%4$4<?4%8:<,%$%2U44'%R
4%;E4<+&;%$%;F54%;+?3,$%;8:';%4<%4<;?:2%
<%::,<5,:% %< $% 2%?:; *:4$%; ":"<':,;<,9?%; %;<
8:';%4<'%",[$%;;5?;R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
102
5!,4b:!544%?Z"5B,Z3,%4?:E
?21#)90*"#"#/2159##8
7/*17"#$?#
1;#18*6#7#80#796#7"#4628# 8*21796/#7*8#
4",%44%*'4':<,54Q549?%
#7 6*48*21(%1%6/#
%<<% 8%<,<% F54% +?3,$% %;< ?4% F54%
$`,454$<,54 %< 2% $'B%:;5,: $? :?,;;%? $%
54< :<;R 22% %;< <:B%:;'% 8: 2 ipR 2
;`*,< $`4",%4; 3:,; ;24<; 9?, ;54<
"<?%22%3%4< :%"5254,;'; 8: 2 B'*'<<,54
4<?:%22%R
* )#77#'/26*78*59#
4 !5:$?:% $? :?,;;%? %< $4; 2%; F54%; 2%;
82?; $%;;2'%; 85?;;% ?4% :5;%2,&:% ]
+:*3,<%; ?;<:2,;^R :<5?< ,22%?:; "`%;< 2
;4;5?,:%9?,$53,4%R
4!5:$?:%$%2`'<4*$%+?O$4;2!,%$%
2549?%O2+?<%?:$`%?%;<<:&;),!2%%<2%
<%::,4O ;5?B%4< %D54$' 3%< 05?: $% B;<%;
'<%4$?%;$%B;,&:%;R
* )#77#;*'91*78*59#
%; F54%; +?3,$%; :%8:';%4<%4< $`?4% )#54
*'4':2% ?4 "8,<2 !,525*,9?% ,385:<4< 8:';%:B%:R :&; 8:5$?"<,B%;O ;5?B%4<
"5382%D%;O 2%; F54%; +?3,$%; 5)):%4<
$`,4<':%;;4<; !:,; 85?: 2%; 4,3?DR 22%;
"54;<,<?%4< '*2%3%4< $%; 2,%?D $%
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
45?::,;;*% %< $% :%8:5$?"<,54O 45<33%4<
85?: 2%; 5,;%?DR 2?;,%?:; %;8&"%; ::%;
$U5,;%?D4,"+%4<;?:2%;,<%"533%Q
• 2`"+;;%
!24"+%
],34<58?;
+,34<58?;^ Q ph "5?82%; %4B,:54 54<
8? (<:% :%"%4;'; ;5,< mv $%; %))%"<,);
4<,54?DO
• 2% :B%25< "522,%: ,4<%::538?
]+:$:,?;2%D4$:,4?;^Qih"5?82%;P
• 2`B5"%<<%]%"?B,:5;<:B5;%<<^P
• 2%$5:4%]$5:4<$5:4^R
4 5!;%:B% ?;;, 2% ;<<,544%3%4< ?
8:,4<%38;%<%4+,B%:$%453!:%?;%;%;8&"%;
$% 2,3,"52%; %< $`4<,$'; Q +%B2,%:
"53!<<4< ]+,253"+?; 8?*4D^O :*% 9?%?% 45,:% ],35; 2,35;^O !'";;%?D
]2,$:,; ;8R^O ,*:%<<% *:F%<<% ]*:%<<
*:F%<<^O5?29?%]?2,"<:^O;:"%22%;]4;
;8R^O4:$"52B%:<]4;82<E:+E4"5;^RRR
#1 #7#846#77*217
% ;,<% '<4< ;,<?' 8:5D,3,<' $% 2 B,22% $%
&F%O548%?<":,4$:%Q
• $%; :,;9?%; $`?:!4,;<,54 $,))?;% 5?
$%"!4,;<,54P
• $%; :,;9?%; $`%?<+:58+,;<,54 2,'; ?D
%))2?%4<;$?2*?4*%R
2"54B,%4<$%Q
• "54<:62%: 2 9?2,<' $% 2`%? %<
45<33%4< 2%; :%0%<; $% 2 ;<<,54 $%
2*?4*%P
•
,4<%:$,:% 2%; "53!2%3%4<; %4 B?%
$`?4%
?:!4,;<,54
5?
$`?4
3'4*%3%4<<5?:,;<,9?%R
103
5!,4b:!544%?Z"5B,Z3,%4?:E
4/*1#"#*//#;#>6 •
,%4 9?% 2 82,4% $% ,22%B%E:" "5?B:% ?4% <:&;
),!2% 8:<,% $? <%::,<5,:% "533?42O 54 :%<:5?B%
? 45:$ $% 2 "533?4% $% &F% $%; F54%;
425*?%; 2 82,4% $% ,22%B%E:"R 4% !:&B%
$%;":,8<,54$%282,4%%;<$54":'2,;'%,",R
1;#18*6#7#80#796#7"#4628# 8*21796/#7*8#
2,4%$%,22%B%E:"[54<*4"
#7 6*48*21(%1%6/#
8:<,% 45:$ $% 2 "533?4% $% &F% %;<
"54"%:4'% 8: 2 X 82,4% $% ,22%B%E:" YR 2
;U*,<$%F54%;$%"?2<?:%;854"<?'%;$%8%<,<;!5,;
%<$%+,%;O$%*::,*?%%<$U%;":8%3%4<;:5"+%?D
"54;<,<?4<
?4%
35;.9?%
$%
3,2,%?D
8:<,"?2,&:%3%4< )B5:!2%; $% 453!:%?;%;
%;8&"%;$`5,;%?D)5:<%B2%?:8<:,354,2%R5?:
"%:<,4; $% "%; 5,;%?DO 2% 4*?%$5"[5?;;,2254 ?4% )5:<% :%;854;!,2,<'O ""?%,224< ?4% 8:<
,385:<4<%$%2%?:%))%"<,)4<,542Q,%[*:,&"+%
85,<:,4% :5;%O ?"54 ":'"%:%22%<<%O 45<33%4<R
:%"5254,;<,54 ;854<4'% $% "% <%::,<5,:% 8: 2%
?"54 ":'"%:%22%<<%O $54< 2 858?2<,54 %;<
*25!2%3%4< %4 ":5,;;4"% ;?: 2% ;,<%O <'35,*4%
$`?4%!544%9?2,<'*25!2%$%;3,2,%?DR
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
% 8;;*% $U%4*,4; 35<5:,;'; $% 25,;,:;
]<E8%9?$;^R
2U,3*% $% !54 453!:% $% 3,2,%?D
3'$,<%::4'%4; $% *::,*?%O 2 82,4% $%
,22%B%E:" ;?!,< $,B%:;%; 8:%;;,54; 8:3,
2%;9?%22%;548%?<",<%:Q
• %; $'86<; ;?B*%;O ;;%F 453!:%?D ;?:
2%<%::,<5,:%O
104
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
6)//"82;87N&)/"77"7M244268;1)8$70"1"7H)/)";>18;6"/7"8)2!)="67)8$
)8;8)218;"//"
53!:%?;%;F54%;$U,4B%4<,:%%<$%8:5<%"<,54O?4%*:4$%
8:<,%$?<%::,<5,:%"533?42%;<"5?B%:<%
53!:%?;%;;%:B,<?$%;;?:<%::,<5,:%8:%4$:%%4"538<%
N
$4;2U?:!4,;<,54)?<?:%
:4$%!,5$,B%:;,<']B,)?4,;<,9?%45<33%4<^?;;,!,%4
d
?<5?:$%2U'<4*9?U?4,B%?$%282,4%
d :';%4"%$%3,2,%?D4<?:%2;:%3:9?!2%;]'<4*%<F54%;
+?3,$%;;;5",'%;%<82,4%$%,22%B%E:"^
53!:%?;%;8:%;;,54;]"!4,;<,54;?:2%;!%:*%;O:%0%<;
N $4;22*?4%S^
d
"1!1"7
53!:%?;%;3%;?:%;$%8:5<%"<,54
d
<5?<85?:2%
<%::,<5,:%
;,<?<,54,4,<,2%B;%
85?:;?,B:%
5?2%?:B%:<%
%;8%:;8%"<,B%;$U'B52?<,54
;54<85;,<,B%;
N
,!2%;;%85?:2%
<%::,<5,:%
;,<?<,54,4,<,2%B
:2%4<,:5?;U,4B%:;%:
5?2%?::5?*%
%;8%:;8%"<,B%;$U'B52?<,54
;54<4'*<,B%;
105
5!,4b:!544%?Z"5B,Z3,%4?:E
H"772;6""1";"842//;8)217
U%? %;< ?4 '2'3%4< 8:'854$':4< ;?: 2
"533?4%$%&F%<4<$?85,4<$%B?%$%2
;<:?"<?:<,54 $%; 8E;*%; "533?4?D
]2*?4% $% +? %< "+%B%2? ;;5",'^O $%
2U'"5453,% ]"54"+E2,"?2<?:%O <5?:,;3%^O $% 2
85;,<,54$?<%::,<5,:%]8,%$$%!;;,4B%:;4<^O
$%; :,;9?%; *'4':'; ]:,;9?% ,454$<,54^ 5?
%4"5:%$%;?;*%;],::,*<,54O2,3%4<<,54%4
%? 85<!2%^R UB%4,: $? <%::,<5,:% $'8%4$
$54" %4 8:<,% $% 2U'B52?<,54 $% 2 :%;;5?:"%
%4 %? <4< $4; ; 9?2,<' 9?% $4; ;
9?4<,<'R
;?:)"% %4 %? ;?: 2 "533?4% %;<
"54;,$':!2% ]jlRkv $% 2 ;?8%:),",%
"533?42%^R%"+,)):%%;<:%2<,B%3%4<'2%B'
%4 "538:,;54 $% 2 ;?8%:),",% %4 %?
$'8:<%3%4<2%]kRpv^%<4<,542%]iRjv^R
% <%::,<5,:% "533?42 $,;85;% $54" $%
:%;;5?:"%; %4 %? ,385:<4<%; 9?U,2 "54B,%4<
$% 9?4<,),%: %< 9?2,),%:R %<<% :%;;5?:"%
"54;<,<?%?4%40%?8:%4$:%%4"538<%$4;
2% ),4 $% *:4<,: 2% 3,4<,%4 %< 2
8:';%:B<,54 $U?4% :%;;5?:"% ;?)),;4<% 85?:
2%;*'4':<,54;B%4,:R
; !,-#(' ('+- % +,,(.+ '
.8
"533?4% $% &F% %;< ,4"2?;% $4; 2%
8':,3&<:% $? ($0 J0$1'"0"18 "8 !"
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
"78)21 !"7 ;> (31"N$!)8"661$" 267"
P Q jhih[jhimR % %< 2%
8:5*:33%$%3%;?:%;;;5",';54<%4<:';%4
B,*?%?: 2% ji $'"%3!:% jhhq 85?: ?4% $?:'%
$% n 4;R 2 ::(<% 2%; *:4$%; 5:,%4<<,54; $%
8:';%:B<,54%<$%3,;%%4B2%?:$%;3,2,%?D
9?<,9?%; 2U'"+%22% $? !;;,4O %< ),D% 2%;
5!0%"<,); $% 9?2,<' $%; %?D <<%,4$:% $U,",
jhimR %; +?,< 5:,%4<<,54; )54$3%4<2%; $?
;54<2%;;?,B4<%;Q
• 5?:;?,B:% <5?05?:; %< %4"5:% 2 2?<<%
"54<:%28522?<,54
•
:4<,: ?4% 9?2,<' $U%? 2
+?<%?:$%;%D,*%4"%;$%;?;*%;
•
%;<?:%: 5? 8:';%:B%: 2%; 3,2,%?D
9?<,9?%;:%3:9?!2%;
•
%;8%"<%: 2% )54"<,544%3%4< 4<?:%2
$%;3,2,%?D
•
%4;%: 2 *%;<,54 $% 2U%? %4 <%:3%
$U3'4*%3%4<$?<%::,<5,:%
•
,%?D*':%:B4<$U,4B%;<,:
•
')),:3%:2U,385:<4"%;<:<'*,9?%%<
2):*,2,<'$%;%?D;5?<%::,4%;
•
%4)5:"%: 2
"54"%:<'%
•
U,4B%;<,: 82?; %)),""%3%4< $4; 2
*%;<,54$%;:,;9?%;
•
%;<?:%: $U?:*%4"% 2%;
8:<,"?2,&:%3%4<$'*:$';R
*%;<,54
25"2%
%<
3,2,%?D
"533?4% %;< '*2%3%4< ,4"2?;% $4; 2%
8':,3&<:% $% j ($07 !J0$1'"0"18 "8
!""78)21!"7;>PQH
•
% $% +?Q %4 "5?:;
$U'2!5:<,548:2%;E4$,"<3,D<%$?
;;,4$%+?P
•
% ;<,%4Q %4 "5?:;
$U'2!5:<,54 8: 2% E4$,"< ,D<%
$U<?$%; %< $% :B?D $% 2U;<,%4;
]^R 488% ;<,%44% %;<
8:<,"?2,&:%3%4<B?24':!2%R
"<?%22%3%4<O2"533?4%$%&F%4U%;<82?;
"5?B%:<%8:?4"54<:<$%!,%R%45?B%22%;
"<,54; "54<:"<?%22%; <%4$4< 45<33%4< 3'2,5:%: 2 9?2,<' $% 2U%? ;54< %4 "5?:;
$U'2!5:<,54;5?;2)5:3%$U?4)?<?:"54<:<
$%<%::,<5,:%R
< '-# #-#(' - ,+#)-#(' , &,,,
:.8
"#18*'* 8*21"#7077#7"I#9
"533?4% $% &F% 88:<,%4< ? ;5?;
!;;,4 B%:;4< $% +?R ?<:% 3;;%; $U%?
$% ;5?; !;;,4 B%:;4< ;54< 25"2,;'%; ;?:
&F%Q
106
5!,4b:!544%?Z"5B,Z3,%4?:E
•
•
•
4% 3;;% $U%? $% <:4;,<,54Q 2
2*?4%$%+?O
4% 3;;% $U%? X5?:; $U%?YQ 2%
:?,;;%?$?22;O
%?D3;;%;$U%?X:&;8%<,<;"5?:;
$U%?YQ2%;:?,;;%?D$%54<:<;%<
&*?%9?%;R
:5,; 3;;%; $U%?D ;5?<%::,4%; $,;<,4"<%;
8%?B%4<(<:%$,;<,4*?'%;Q
• 2",:%; 0?:;;,9?%; 82, 5?%;< $%
54<8%22,%:O
%D<%4;,54
;5?;
"5?B%:<?:%%<)5:3<,54;<%:<,,:%;O
• !2%;;<,%4;$%2:;[*$%O
• 5:3<,54; <%:<,:%; %< ":'<"'%; $?
!;;,4 $% 'F,%:;[%F%4; ]E "538:,;
22?B,54;$?,!:54^R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
107
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
-# 8*'7"#59/*8%"#7077#7"I#9
% ;;5",% "+"?4% $% "%; 3;;%;
$U%? $%; 5!0%"<,); $U<<%,4<% $? !54 '<<
"+,3,9?%O '"525*,9?% %<Z5? 9?4<,<<,)R %;
<!2%?D",[$%;;5?;2,;<%4<"%;5!0%"<,);R
9/*8%"#7077#7"I#9=
U%4;%3!2% $%; $544'%; 8:';%4<'%; $4;
"%<<%8:<,%;U88?,%;?:2%$,*45;<,"$?
$? !;;,4 B%:;4< $% 2U'<4* $% +?O 2%
$,*45;<,"$?5%<2%;'<?$%;$?';%?$%
?,B,*?4,:%]^R
108
5!,4b:!544%?Z"5B,Z3,%4?:E
i^ 2*?4% $% +?Q ?4% 9?2,<' B:,!2%
;%2542%8:3&<:%'<?$,'
2*?4%$%+?%;<?43,2,%?$U?4%*:4$%
:,"+%;;% '"525*,9?%R 22% :'"%8<,544% 2%; %?D
$%; "5?:; $U%? $? !;;,4 B%:;4<R % ';%?
$%?,B,*?4,:%]^'2!5:%?4$,*45;<,"
44?%2 $% 2U%?<:58+,;<,54 $% 2 2*?4%R 3;;%$U%?2*?4,:%4U%;<8;+535*&4%;?:
<5?<% 2 2*?4%R 4% 42E;% 8: ;%"<%?: %;<
$54" 3%4'%O &F% 88:<,%4< ? X;%"<%?:
;<YR
% $,*45;<," jhhq %;< 8:3, 2%; 3%,22%?:;
5!;%:B'; $%8?,; iqqqQ <5?<%; 2%; ;<<,54;
;?,B,%; ;?: 2 2*?4% 354<:%4< ?4% !544%
9?2,<' B,;[[B,; 2U%?<:58+,;<,54R %; :';?2<<;
B,%44%4< "54),:3%: ?4% 3'2,5:<,54 $% 2
2*?4%B,;[[B,;$%2U%?<:58+,;<,54O%<"%$4;
$%; "54$,<,54; 82?B,5["2,3<,9?%; "54)5:3%;
?D 45:32%; ;,;544,&:%; '<!2,%; $%8?,; 2%;
ih $%:4,&:%; 44'%; ]+,B%: %< 8:,4<%38;
82?B,%?DO ;,;54 %;<,B2% 3:9?'% 8: $%
)5:<%; "+2%?:;^R % 8:3&<:% 2% 82?;
$'"2;;4<%;<2%8+5;8+5:%<5<2O9?,$'8;;%
2%;%?,235E%4?35,;$%0?,22%<,4$,9?4<?4
:%2:**%$%;4?<:,3%4<;$%8?,;2%;;'$,3%4<;
B%:;2"52544%$U%?R3,;%?D45:3%;$?
2*?4*% $% &F% $%B:,< 3'2,5:%: 2
;,<?<,54B,;[[B,;$%;8+5;8+5:%;R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
":<% ",[$%;;5?; %;< %D<:,<% $? 5 $?
;;,4 $% +?O %22% 354<:% 2U'B52?<,54 $%
2U'<< $% 2 "52544% $U%? B,; B,; $%
2U%?<:58+,;<,54$%jhhljhhqR
109
5!,4b:!544%?Z"5B,Z3,%4?:E
8:5$?"<,54 8+E<5824"<54,9?%O ,385:<4<%
85?: 2% $'B%2588%3%4< $% 2U"<,B,<'
"54"+E2,"52%O :%;<% 8:<,"?2,&:%3%4< '2%B'% +?R?4,B%?$%&F%]+?;<^O2U'<<$%
2"52544%$U%?B,;[[B,;$?8+E<5824"<54%;<
0?*' $% 3'$,5":% %4 jhhq %< $% 35E%4 2%;
$%?D44'%;8:'"'$%4<%;R)5:<%8:5$?"<,54
8+E<5824"<54,9?% %;< )B5:,;'% 8: 2%;
885:<; %4 '2'3%4<; 4?<:,<,); $? !;;,4
B%:;4< 2%;;,B'; 25:; $%; 82?,%; 5? 8: 2%;
3'"4,;3%; $% :%"E"2*% $% 2 3<,&:%
5:*4,9?% 8:';%4<% $4; 2%; ;'$,3%4<;
]:%2:*?*% ;'$,3%4<,:%O :%3,4':2,;<,54^R
U'9?,2,!:% 9?, ;U%;< ,4;<22' %4<:% 8:5$?"<,54
8+E<5824"<54,9?% %;< "54;533<,54 8: 2%;
"59?,22*%;%4'2%B*%]+?-<:%;%<35?2%;^%;<
%)),""% 3,; $%3%?:% ):*,2%R 25!2%3%4<O
2U'<< $%; 3":58+E<%; ]2*?%; %< +%:!,%:;^
<'35,*4% $U?4% 9?2,<' 35E%44% $? 3,2,%?
B,;[[B,; $% 2U%?<:58+,;<,54R 4 :,;9?% 2,' ?D
%;8&"%;,4B;,B%;%;<45<%:Q8:&;$U?49?:<
$% 2 )25:% 9?<,9?% $% 2U'<4* %;< "5385;'
$U%;8&"%;%D5<,9?%;R
":<% ",["54<:% %;< %D<:,<% $? 5 $?
;;,4 $% +?R 22% 354<:% 9?% 2U'<< $% 2
"52544% $U%? B,;[[B,; $? 8+E<5824"<54
5;",22% %4<:% '<< 35E%4 %< 3'$,5":% %4<:%
jhhl%<jhhq?4,B%?$%+?;<R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
110
5!,4b:!544%?Z"5B,Z3,%4?:E
j^ %; "5?:; $U%?Q ?4% 9?2,<' *25!2%3%4<
3'$,5":%%4B5,%$U3'2,5:<,54
%; $%?D "5?:; $U%? 8:,4",8?D $% &F%
2,3%4<4<2U'<4*$%+?O&*?%;9?%;%<
22;O 8:';%4<%4< ?4% 9?2,<' 2<':'%O $%
3'$,5":% 3?B,;% ]5?:"%Q :';?2<<; $%;
"38*4%;$U42E;%$%jhhp^R%;2<':<,54;
%4<:,44< 2% 82?; ):'9?%33%4< ?4
$'"2;;%3%4< ;54< 2%; 3<,&:%; 5:*4,9?%;
5DE$!2%;O 2%; 3<,&:%; 8+5;8+5:'%; %< $4;
?4%35,4$:%3%;?:%2%;3<,&:%;F5<'%;R%;
2<':<,54;3%<<%4<%4'B,$%4"%$%;8522?<,54;
%;;%4<,%22%3%4< $U5:,*,4% $53%;<,9?% %< $4;
?4% 35,4$:% 3%;?:% ,;;?% $%; "<,B,<';
*:,"52%;%<,4$?;<:,%22%;R
4 jhhqO ?4% '<?$% 88:5)54$,% $%; ;5?:"%;
$% 8522?<,54 $% "%; $%?D "5?:; $U%? 3%4'%
8: 2U ]*%4"% '*,542% $% 4<'^ 8%:3,;$U,$%4<,),%:2%;;5?:"%;$%$'*:$<,54
$%2%?:9?2,<'R%;"<,54;$%2?<<%"54<:%"%;
8522?<,54; 2 ;5?:"% $%B:,%4< 8%:3%<<:% $%
:%"5?B:%: ?4% 3%,22%?:% 9?2,<' $%; %?D ;?:
"%; "5?:; $U%? ;;%F :8,$%3%4<R 4
"5382'3%4<O 2%; "<,54; 8%:3%<<4< ?4%
3'2,5:<,54 $% 2 9?2,<' $% "%; "5?:; $U%?
$%B:54< (<:% 8:'B?%; $4; 2% ]$4; 2%
:%;8%"<$%;%40%?D$'),4,;8:2%
$%+?
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
%< $% 2U5!0%"<,) $% !54 '<< '"525*,9?% $?
22;$U,",jhim8:'B?8:2^R
%3:9?% Q 2 9?2,<' $%; %?D $%
:?,;;%22%3%4< ;?: 2% <%::,<5,:% %;< %4 8:<,%
$'*:$'% 8: 2%; 5?B:*%; 85?: 2%;9?%2;
2%; '9?,8%3%4<; $% :'<%4<,54 $%; %?D
4U%D,;<%4<8;5?;54<$'*:$';R
111
5!,4b:!544%?Z"5B,Z3,%4?:E
k^ 488% $% 2U;<,%4Q ?4 '<< ;<,;),;4<
3,;?4%<<%4<,54"54),:3%:
488% $% 2U;<,%4 %;< ?4% ,385:<4<%
:%;;5?:"%%4%?$?$'8:<%3%4<$%2U':?2<R
22% ;U'<%4$ 2U;< ;?: 2% !;;,4 B%:;4< $% 2
2*?4% $% +? %< "5?B:% 2 "533?4% $%
&F% %4 8:<,%R 22% "54;<,<?% 2U?4 $%;
8:,4",8?D 9?,)&:%; "6<,%:; 8:5)54$; $% 2
:'*,54 4*?%$5" 5?;;,2254R U%;< ?4%
:%;;5?:"% ;;%F 8%? ?<,2,;'% 85?:
2U2,3%4<<,54%4%?85<!2%;?:2!;;,4$%
+?O %22% %;< %4 :%B4"+% ;;%F )5:<%3%4<
;522,",<'% 85?: 2U,::,*<,54 %< 2U::5;*%R 4
*:4$453!:%$%8:'2&B%3%4<;%;<:'2,;';?:
"%<<% 488% %< 2 <%4$4"% %;< 2U?*3%4<<,54R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
%; 5:,*,4%; $% "%; "54"%4<:<,54; 8%?B%4<
(<:% 3?2<,82%;Q ;;,4,;;%3%4< ?<5453%;
$')%"<?%?DO *:,"?2<?:%O )%:<,2,;<,54 $%;
%;8"%; B%:<; "522%":,); 5? 8:,B<,); %< ;%
"53!,4%4< B%" $%; )"<%?:; $% B?2'4:!,2,<'
]F54% ))2%?:4<%O 3?2<,82,"<,54 $%; 85,4<;
$U,4<:?;,548:2%;)5:*%;^R
488% ;<,%44% %;< *25!2%3%4< $% !544%
9?2,<' 3,; %22% :%;<% <:&; B?24':!2% %4
:,;54$U))2%?:%3%4<;9?,2:%4$%4<;%4;,!2%
?D 8522?<,54; ;?8%:),",%22%;R ":<% ",[
$%;;5?; %;< %D<:,<% $? 5 $? ;;,4 $%
+?R 4 "54;<<% 9?% 2%; F54%; $%
B?24':!,2,<' $% 2 488% ;<,%44% ;54<
8:<,"?2,&:%3%4< )5:<%; ;?: 2 "533?4% $%
&F%R%:';%?$%;?:B%,224"%$%2488%
,4;, :'B'2' $%; <%4%?:; %4 4,<:<%;O %4
8:<,"?2,%: ? 4,B%? $% )5:*%; 8:,B'; ;?: 2%;
"533?4%; $% &F% %< :;%,224O 85?B4<
3%<<:% %4 "?;% 2 85<!,2,<' $% 2 :%;;5?:"%R
112
5!,4b:!544%?Z"5B,Z3,%4?:E
8:,5:,<' $%; F54%; $% B?24':!,2,<' %;< ?4
5!0%"<,) $? ;<,%4 ,4;, 9?% $? 5 $?
;;,4$%+?R%$%B:$54"(<:%'*2%3%4<
?4%8:,5:,<'$?$%2"533?4%$%&F%R
U?:!4,;<,54 %;< 8%? ;5?+,<!2% ? 4,B%?
$%2F54%$%B?24':!,2,<'$%2U;<,%4&F%
$4; ?4% 58<,9?% $% :%;8%"< $% 2U5!0%"<,) $%
3-<:,;% $% 2U3'4*%3%4< ;?: 2% !;;,4
B%:;4<R
l^%"42$?+64%&<%Q$%;;5?:"%;
+,;<5:,9?%;$%8522?<,54
4% 85:<,54 $? "42 $? +64% &<% 8;;%
;?:2"533?4%$%&F%R%jhhhjhhqO2%;
:';?2<<; $%; ;?,B,; 54< 354<:' 9?% 2%;
%?D $? "42 '<,%4< 8:3, 2%; 82?;
%?<:58+,;'%;
$%;
%?D
2,<<5:2%;
24*?%$5",%44%;R %; :%0%<; $% "!4%; 454
:""5:$'%;O 2 ",:"?2<,54 )2?B,2%O 2%; :%0%<;
$%; ;<<,54; $U'8?:<,54 %< 2%; "5?:; $U%?
%?<:58+,;'; ;54< 2U5:,*,4% $% 2 $'*:$<,54
$% 2 9?2,<' $%; %?D $? "42R% $%:4,%:
8:<,",8% 2 $'*:$<,54 $% 2 9?2,<' $%;
'<4*;B,;[[B,;$%;4?<:,3%4<;R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
m^%;%?D$%!,*4$%Q?4%9?2,<'
854"<?%22%3%4<$'*:$'%
%?D ;<<,54; $% 3%;?:% $% 2 9?2,<' $%;
%?D$%!,*4$%;54<;,<?'%;;?:2"533?4%
$% &F%Q X,22*% $% B"4"%;Y %< X
2*%<<%YR U+,;<5:,9?% $%; "2;;%3%4<; %;<
8:';%4<'",[$%;;5?;R
9?2,<' $%; %?D $% !,*4$% '<,< $54"
$'*:$'%R
%?2; 2%; "2;;%3%4<; X!544% 9?2,<'Y %<
X9?2,<' 35E%44%Y ;54< "54)5:3%; ?D
45:3%; %?:58'%44%; %4 B,*?%?: %4 3<,&:%
$% 9?2,<' $%; %?D $% !,*4$% ]45:3%;
$'"5?24< $% 2 $,:%"<,B% %?:58'%44%
jhhnZoZ^R %8?,; jhhmO 2 9?2,<' $%; %?D
$% !,*4$% '<' 454 "54)5:3% ?D 45:3%;
%?:58'%44%; $?:4< 2 ;,;54 !24',:% jhhq
]? 4,B%? $%; ;<<,54;^ %< jhih ?4,9?%3%4<
85?: 2 ;<<,54 B,22*% $% B"4"%; $4; "%
$%:4,%: ";R %; $%?D $%:4,&:%; 44'%;O 2
113
5!,4b:!544%?Z"5B,Z3,%4?:E
;.)(-%
% E4$,"< 4<%:"533?42 $U2,3%4<<,54 %4
? 5<!2% $? ; 4*?%$5" ;;?:% 2
8:5$?"<,54O2U$$?"<,54%<2B%4<%%4*:5;$%
2U%?;?:2"533?4%$%&F%R$,;<:,!?<,54
%;< ;;?:'% B%" 2 O ?4% ),2,2% $% 2
2E544,;%$%;%?DR
296 #"I/*0#188*21#1#9
428/#
8:,4",82%:%;;5?:"%%4%?35!,2,;'%85?:
88:5B,;,544%: 2 "533?4% %4 %? 85<!2%
%;< 2 488% 22?B,2% $? )2%?B% ':?2<R %
"+38 "8<4< %;< ;,<?' ;?: 2 "533?4% $%
25:%4;"]2U%D<':,%?:$?<%::,<5,:%^R%)2%?B%
':?2< %;< 2 8:,4",82% ;5?:"% 85?:
2U2,3%4<<,54 %4 %? 85<!2% $? <%::,<5,:% $?
;;,4 $% +?R U?*3%4<<,54 $%; "8",<';
$% 8:'2&B%3%4<O ;, %22% %;< "54),:3'% 8: 2%
':?2<O 8%:3%<<: $% :'854$:%
8:<,%22%3%4< ?D !%;5,4; %4 %? 85<!2%
)?<?:;$?<%::,<5,:%R%8:<*%$%2:%;;5?:"%
$5,< "%8%4$4< (<:% "538<,!2% B%" 2%
3,4<,%4 $%; $'!,<; 3,4,3?3; 85?: ;;?:%:
2%; )54"<,54; 4<?:%22%; $? )2%?B% %4 B2 $%;
8:'2&B%3%4<;R
%<<%
:%;;5?:"%
%;<
8:<,"?2,&:%3%4< ;%4;,!2% $%; 8522?<,54;
"",$%4<%22%;R 4 "; $U,4",$%4< ;?: 2% )2%?B%O
"U%;< ph v $% 2 $%;;%:<% %4 %? 85<!2% $?
<%::,<5,:% $? !;;,4 $% +? 9?, 4% 85?::,<
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
(<:% ;;?:'%R ,4;,O 2% ;"+'3 $,:%"<%?: $?
;E4$,"<,4<%:"533?42$U2,3%4<<,54%4%?
$? ; 4*?%$5" 85,4<% 2 4'"%;;,<'
$U,4<%:"544%"<%: 2% :';%? B%" 2%; :';%?D
B5,;,4;Q2U:!O2;5?:"%$?%F%<2%:';%?;<
$%54<8%22,%:O5?%4"5:%2%+64%B,2U:<&:%
2,<<5:2%ilR
488% $% 2U;<,%4 %;< ;;%F 8%? 35!,2,;'%
%4 3<,&:% $U%? 85<!2%O %22% ),< <5?<%)5,;
2U5!0%< $U;;%F 453!:%?D 8:'2&B%3%4<; 85?:
2U::5;*%%<2U,::,*<,54%48:<,"?2,%:85?:2%;
"533?4%; $% &F% %< $% :;%,224R 488% ;<,%44% "544,< $%; 8:5!2&3%; $%
9?2,<'],4<:?;,54;;2,4%;O4,<:<%;S^R
%?D:';%:B5,:;$U%?85<!2%;54<,4;<22';
;?:2"533?4%Q
• %"+ <%?$U%?$%;2,54;$U?4%
"8",<'$%jhhh3kO
• 4:';%:B5,:%4<%::'$%jhhh3kR
5?;$%?D;54<;,<?';"6<%"6<%%4!5:$?:%
$%2:5?<%$%'F,%:;2;5:<,%$%&F%R
%7#9"I/*0#188*21
%?D !;;,4; <3854; 8%:3%<<%4< $U;;?:%:
2U2,3%4<<,54$%2"533?4%;4;8:5!2&3%R
% :';%? %;< 3(3% ;?:$,3%4;,544' 8:
:885:< 2 858?2<,54 "<?%22%Q ; "8",<'
8%?<22%:!,%4?[$%2$%ijhhh+!,<4<;R
" 6$7"; !J/)0"188)21 "1 "; 428/" "78
)"1 786;8;6$I54:%4$%3%4<;4;8%:<%%;<
'B2?'qhvO3,;"+9?%;%3,4%2%;8%:<%;
$?%; ?D )?,<%; ;54< 'B2?'%; jhhh khhh
3kR
% :';%? $U2,3%4<<,54 %;< )5:3' $% qh 13
$% :';%?D 8:,3,:%; $54< ih 13 ;%?2%3%4<
;54< :%45?B%2%: $4; 2 B,%,22% B,22%R %;
<:B?D;54<%4"5?:;O2%;$%:4,&:%;"54$?,<%;
$%8253!;54<;,3?2<4'3%4<%42%B'%;RY
2/90#7"*786*9%7
2Empnn!544';;?:2"533?4%$%&F%R
lphn 3k $U%? ;54< $,;<:,!?'; %4 35E%44%
8: 05?:R %; B:,<,54; ;,;544,&:%; $%;
B52?3%;$,;<:,!?';;54<45<'%;B%"Q
• inhhh3k%4+,B%:O
• jhhhh 3k $% 3, ;%8<%3!:%O B%"
?48,"$?im0?,22%<?im5A<R
%:';%?8%?<),:%)"%"%<<%?*3%4<<,54
;,;544,&:%R 4 :%B4"+%O 2% ;E4$,"< $? ;
4*?%$5" ::,B% ;%; 2,3,<%; %4 8':,5$%
%;<,B2% ? 353%4< $? 8," <5?:,;<,9?% %< $?
8,"$%"54;533<,54%4%?85<!2%;;5",'R
14
Source : Diagnostic du SCoT du Bassin de Thau, juin
2010
114
5!,4b:!544%?Z"5B,Z3,%4?:E
9/*8%"#/I#9"*786*9%#
U%?%;<"+%<'%<:,<'%O;9?2,<'%;<!544%
%< 54 4% "54;<<% 8; $% 8:5!2&3% $%
8522?<,54RY
"%598*21#186#/6#77296 ##8721
98*/*78*21
4;%$5,<$U'B2?%:2U$'9?<,54%4<:%2
"8",<'$%2:%;;5?:"%%4%?%<2%;!%;5,4;
$U2,3%4<<,54 %4 %? 85<!2% *'4':'; 8: 2
858?2<,54"<?%22%%<8:50%<'%R%349?%$%
$544'%; "54"%:44< 2 :%;;5?:"% %4 %? 2U'"+%22% $? <%::,<5,:% $? ;E4$,"< $? ;
4*?%$5" 4% 8%:3%< 8; $% 9?4<,),%:
8:'",;'3%4< 2 "8",<' $% 2 :%;;5?:"%R ),4
$% 822,%: "% 349?%O $%; 5?<,2; "533% ?4
;"+'38%?B%4<(<:%3,;%482"%R%
4% ;?:,< 8:'B5,: ?4% ?*3%4<<,54 $% 2
858?2<,54 ;4; B5,: B':,),' ? 8:'2!2%
2U$'9?<,54B%"2:%;;5?:"%%4%?R
;.0.,,-,,#'#,,&'-
77*1*77#0#18 2//# 8*'
"533?4% $% &F% %;< "5?B%:<% 8: ?4
;"+'3
$,:%"<%?:
$U;;,4,;;%3%4<R
U;;,4,;;%3%4< %;< ?4% 204$8"1"
()7826)5;"!"/J)18"6200;1/)8$!;26!!;
77)1 !" (;R *%;<,54 $% 2 "522%"<% $%;
%))2?%4<; ,4;, 9?% 2U%4<:%<,%4 %< 2 :'8:<,54
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
$%; ,4):;<:?"<?:%; $U;;,4,;;%3%4< %;<
"54),'% 8: ))%:3*% 2 5",'<' $%
,;<:,!?<,54$U?4<%:"533?42]^8:2
R *:$% 2 "538'<%4"%
$U'8?:<,54%4:'*,%R
2?; $% qm v $%; +!,<4<; $% 2 "533?4%
;54< :%2,'; ? ;E;<&3% $U;;,4,;;%3%4<
"522%"<,)R
% 6$7"; !" 2//"8" !"7 ";> ;7$"7 "78 !"
8?4" 47";!2N7$468)&Q ,2 %;< "5385;' $%
$%?D "522%"<%?:; ;'8:';O 2U?4 85?: 2%; %?D
?;'%;O2U?<:%85?:2%;%?D82?B,2%;R,4jhhn
54 "538<,< kq 85;<%; $% :%2&B%3%4< $% oj
8538%; ,4<'*:'; ? :';%? "522%"<,)O $U?4%
8?,;;4"%<5<2%$%miopln1R2;;54<;5?;
<'2';?:B%,224"% "54;<4<% %< )54< 2U5!0%< $%
"54<:62%; :'*?2,%:; 8: 2% ;%:B,"% %D825,<<,54
$%2P7296 #F644268119#/XVV\QR
: <%38; ;%"O 2% :';%? $U;;,4,;;%3%4<
;;?:%2%<:4;,<$U%4B,:54khhh3kZ05?:$54<
8:&; $U?4 <,%:; %;< :%8:';%4<' 8: $%; %?D
"2,:%; 8:;,<%; 8%:34%4<%;R : <%38; $%
82?,%O 2 ;?:)"% "<,B% "544%"<'% ? :';%?
%;< $% 2U5:$:% $% omhhh 3j ]%4 2U'<< "<?%2
$%;:%"%4;%3%4<;^3,;;%":"<':,;%8:$%;
<%38;$%:%;;?E*%<:&;,385:<4<;$%2U5:$:%
$% 82?;,%?:; 05?:;R $U5:%; %< $'0
%4**'?4%8:5*:33<,54$%<:B?D;?:2%;
:';%?D
$U;;,4,;;%3%4<
$%
2U,4<%:"533?42,<' ]&F% %< 5?8,4^ ),4 $%
:'$?,:%2%;%4<:'%;$U%?D"2,:%;8:;,<%;$%
<%38; ;%"; %< $% :'$?,:% 2 ;?:)"% "<,B%
"544%"<'%?:';%?
%;<:B?D$%:'5:*4,;<,54$%2"+-4%$%
"522%"<% %4 B?% $% ;<,;),:% 2 "522%"<% $%;
45?B%22%; F54%; $U%D<%4;,54 $% 2U?:!4,;<,54
3,;'*2%3%4<2%$';%4*5:*%3%4<$?"%4<:%
3'F5,;;54<'*2%3%4<8:'B?;R%;<:B?D;?:
2%:';%?$%"522%"<%$%&F%8:'B5,%4<Q
• % <:4;)%:< $%; %))2?%4<; $? ;%"<%?:
%;9?,%:O
• "522%"<% ? 4,B%? $% 2 F54% 5:$
%;9?,%:O
• :%;<:?"<?:<,54 $% 2 "+-4% $%
"522%"<%5:$R
P296 #F277*#6"#"#01"#"I9826*78*2146%'# 826/#
6#/8*' /I#=8#17*21 #8 /I0%/*268*21 "#7 4 *8%7
%49682*6#7 "# / 788*21 "I%4968*21 "#7 20091#7 "#
$?#M294*1QR
U$4;68)21!"7";>;7$"7$%2"533?4%$%
&F% %;< :'2,;'% 8: 2% /';1'" !" #@"N
2;4)1R % 2*?4*% %;< 25"2,;' ;?: 2
"533?4%$%&F%%<:%"?%,22%2%;%?D?;'%;
$%; B,22%; $% &F% %< $% 5?8,4R % <?D
"<?%2 $% :""5:$%3%4< ? :';%? $U%?D
?;'%;%;<$%qmv;?:2%;$%?D"533?4%;R%
2*?4*% %;< ?4% 2<%:4<,B% '"525*,9?% 2
;<<,54 $U'8?:<,54 <:$,<,544%22%R %; %?D
;54< '8?:'%; *: "% 2U"<,54 $% 3,":5[
5:*4,;3%; 9?, $'*:$%4< 2 3<,&:%
5:*4,9?%R%;:%0%<;$%2;<<,54$%2*?4*%
;%)54<"<?%22%3%4<<:B%:;?4%:5?!,4%9?,
:%05,4<2U'<4*$%+??4,B%?$%2":,9?%
$% 2 549?% %4B,:54 knh 3&<:%; 8:&; 2%
115
5!,4b:!544%?Z"5B,Z3,%4?:E
:%0%<R 2; )54< 2U5!0%< $% 3%;?:%; 8+E;,"5
"+,3,9?%; %< 3,":5!,525*,9?%; 2 )5,; $4;
2%;!;;,4;%<$4;2U'<4*$%+?R3<,&:%
%4 ;?;8%4;,54 ;% :'$?,< ?4% "+:*%
824"<54,9?% 8%? 85:<%?;% $U%?<:58+,;<,54
$4;?4%3;;%$U%?"533%2U'<4*$%+?R
,;,2"54B,%4<$U(<:%B,*,24<B,;[[B,;$%"%;
:%0%<; ": 2% !;;,4 $% +? %;< ,4;":,< 8:3,
2%; F54%; ;%4;,!2%; 2U%?<:58+,;<,54 $%8?,;
jhhnO"%"2;;%3%4<,382,9?%2:'$?"<,54$%;
)2?D $% 4?<:,3%4<; 2U'<4* $% +? 85?: 2%;
;E;<&3%; $U;;,4,;;%3%4< :%8:';%4<4< ?4%
"+:*% ;?8':,%?:% ihhhh '9?,B2%4<;
+!,<4<;R % ;E;<&3% 8:';%4<% $% 453!:%?D
B4<*%;O45<33%4<"%2?,$%<38544%:2%;
;?:"+:*%; +E$:?2,9?%; %< $U'B,<%: 2%; :%0%<;
$,:%"<; ? 3,2,%? 4<?:%2R 2 8:';%4<%
'*2%3%4<$%;,4"54B'4,%4<;Q
• 24%<:,<%8;2%8+5;8+5:%%<2UF5<%
$%)#54;;%F85?;;'%R4%))%<O;%?2%
2U42E;% $%; 8:3&<:%; F5<'; %<
8+5;8+5:';4U%;<8;"54)5:3%$?),<
$U?4 "+4*%3%4< :'*2%3%4<,:%
,4<%:B%4?%4jhhnR
• %; B:,<,54; ;,;544,&:%; $% 2
9?2,<' $U%? $% ;5:<,% 8%?B%4<
;?:B%4,:R
• "8",<' $U;;,4,;;%3%4< %;<
2,3,<'%%48':,5$%%;<,B2%R
;<<,54$%&F%[5?8,4B(<:%:'+!,2,<'%
),4$%8%:3%<<:%Q
• U?*3%4<<,54
$%;
"8",<';
'8?:<5,:%;R %; <:B?D $U%D<%4;,54
$% 2 ;<<,54 $U'8?:<,54 54< $'!?<'
%< $%B:,%4< (<:% <%:3,4'; $U,", 2 ),4
$%2U44'%jhihR%;<:B?D54<85?:
5!0%"<,) $% 85:<%: 2 "8",<' $% 2
;<<,54 $U'8?:<,54 $% ippio ]'9?,B2%4<Z+!,<4< im^ jhjhh $4; ?4 8:%3,%: <%38; %< <%:3% jnqjhR
• U3'2,5:<,54
$%;
"8",<';
'8?:<5,:%; ),4 $% :%;8%"<%: ? 82?;
<6< 2%; 45:3%; $% :%0%< 82?;
"54<:,*44<%; ;?: 2UF5<% %< 2%
8+5;8+5:% ]:%;8%"<,B%3%4< im 3*Z
%<j3*Z^R
$?;$%
::,"&F%%;<?4;%"<%?:
%40%?DQ %4 %))%<O "% 4,B%?O 2%;
"54"%4<:<,54; $U%4<:%8:,;%; 5? $U"<,B,<';
:'B&2%4< $%; "+:*%4< ,385:<4<%; $4; 2%
:';%?R%;"38*4%;$%3%;?:%;%4:';%?
;?: $%; 8:3&<:%; "2'; ]O O mO
+E$:5":!?:%;^;54<:'2,;'%;"%4,B%?R
15
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
4,<'$%3%;?:%:%8:';%4<4<29?4<,<'$%8522?<,54
!:?<%'3,;%8:05?:8:?4%8%:;544%R
';1'"!"#@"N2;4)1 P296 # F
http://www.ville-meze.fr/Q
3-<:,;%$%;:%0%<;$%;F54%;?:!4,;'%;%;<
?4% 8:5!2'3<,9?% 8:,5:,<,:% 2U'"+%22% $?
5$?;;,4$%+?"533%2U'"+%22%$%2
"533?4%$%&F%R
305:,<' $%; :%0%<; ?:!,4; $%; "533?4%;
$? !;;,4 $% +? 85?: %D?<5,:% 2
3'$,<%::4'% ]nh v $%; "8",<'; $%
<:,<%3%4<$?<%::,<5,:%B,2U'3,;;,:%%43%:
$%&<%^R%4U%;<8;2%";$%2"533?4%$%
&F% 9?, 85?: %D?<5,:% $,:%"< 2 2*?4% $%
+?R %; "533?4%; $% &F% %< 5?8,4 54<
$54"?4%:%;854;!,2,<',385:<4<%9?4<2
9?2,<' $%; %?D $% 2 2*?4%O "U%;< 85?:9?5,
2%?:2*?4*%:'"%33%4<'<':'+!,2,<'),4
$U?*3%4<%: ; "8",<' '8?:<5,:%O
$U3'2,5:%: ; "8",<' '8?:<5,:% %< $%
$,3,4?%: ; B?24':!,2,<' 8: <%38; $% 82?,%R
U::(<'8:')%"<5:2$%$'3::*%$%2;<<,54
%;<8:'B?85?:0?,22%<jhiiR
116
5!,4b:!544%?Z"5B,Z3,%4?:E
U5?B%:<?:% 2U?:!4,;<,54 $% 45?B%22%;
F54%;Q
• 4%;%:85;;,!2%9?%$4;22,3,<%$%
2"8",<'$%2;<<,54$U'8?:<,54O
• $%B: (<:% 'B,<'% $4; ?4% F54% $%
ihh 3 ?<5?: $? 2*?4*% ),4
$U'B,<%: 2%; 4?,;4"%; 52)"<,B%; %<
;545:%;R
77*1*77#0#18121 2//# 8*'
U;;,4,;;%3%4< 454 "522%"<,) $';,*4% 8:
$')?< <5?< ;E;<&3% $U;;,4,;;%3%4<
%))%"<?4< 2 "522%"<%O 2% 8:'<:,<%3%4<O
2U'8?:<,54O2U,4),2<:<,54$%;%?D$53%;<,9?%;
$%;,33%?!2%;454:""5:$';?:';%?8?!2,"
$U;;,4,;;%3%4<R
% %:B,"% ?!2," $U;;,4,;;%3%4< 54
522%"<,) ]^ 9?, ;;?:% 2% "54<:62% $%;
,4;<22<,54; %< 'B%4<?%22%3%4< 2%?: %4<:%<,%4
%;< ;;?:' 8: 2 533?4?<' $% 533?4%;
$?5:$;;,4$%+?R
?:2"533?4%Okom?;*%:;;54<:""5:$';
?4 ;E;<&3% $U;;,4,;;%3%4< 454 "522%"<,) %4
jhihR %))%"<?% ?4 "54<:62% $%;
,4;<22<,54;<5?;2%;l4;R2U+%?:%"<?%22%O
ioj ?;*%:; 54< '<' "54<:62'; "54)5:3%;O lo
,4;<22<,54; ;54< 454 "54)5:3%; %< $%B:54<
(<:% 3,;%; %4 "54)5:3,<' $4; ?4 $'2, $% l
4;%<ijl,4;<22<,54;:%;<%4<(<:%B':,),'%;R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;.0)%./#%,
"533?4%$%&F%4%85;;&$%8;"+'3
,:%"<%?: $%; ?D 2?B,2%;R 2 4U%D,;<% $54"
8; $% *%;<,54 $%; %?D $% 82?,% ;?: 2
"533?4%R %", 8%?< 85;%: $%; 8:5!2&3%; $%
$%?D5:$:%;Q
•
•
4 3<,&:% $% :,;9?% ,454$<,54 8:
:?,;;%22%3%4<?:!,4O
4 3<,&:% $% :%0%<; $4; 2U'<4* $%
+? ]2%; %?D $% 82?,% :?,;;%22%4< %<
;%0%<<%4<$4;2U'<4*$%+?^R
4 "; $% $E;)54"<,544%3%4<O 2%; $,;85;,<,);
$U;;,4,;;%3%4<454"522%"<,)"54;<,<?%4<?4%
;5?:"% $% 8522?<,54 $,))?;% ,385:<4<%O
,$%4<,),'% "533% 2U?4% $%; 8:,4",82%;
8522?<,54; 3,":5!,525*,9?%; $% <%38; ;%"R
2?;,%?:; $% F54%; $% B?24':!,2,<'; ;54<
,$%4<,),'%;;?:2"533?4%$%&F%Q
• :5D,3,<'$%;"5?:;$U%?%<$%;F54%;
+?3,$%; ]m F54%; +?3,$%; ;?: 2%
<%::,<5,:%^O
• 54%; $U))2%?:%3%4< $% 2 488%
;<,%44%R
538<%
<%4?
$%;
,38"<;
%4B,:544%3%4<?D )5:<; $U?4 ;E;<&3%
$U;;,4,;;%3%4< ?<5453% 454
"54)5:3%O $%; ;4"<,54; $%B:,%4<
8:5"+,4%3%4<
<5?"+%:
2%;
,4;<22<,54;
"54<:62'%;
454
"54)5:3%;R
;'%#,-#(',,(.-++#',
%; "42,;<,54; ;5?<%::,4%; $U,::,*<,54 %4
%? !:?<% ;54< ,3824<'%; ;?: 2 "533?4%R
U%D825,<<,54 $% "% :';%? %;< ;;?:'% 8:
R
117
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
/(91#"#)9
2*?4%$%+?%;<?43,2,%?$U?4%*:4$%
:,"+%;;% '"525*,9?%R 22% :'"%8<,544% 2%; %?D
$%; "5?:; $U%? $? !;;,4 B%:;4<R % ';%?
$%?,B,*?4,:%]^'2!5:%?4$,*45;<,"
44?%2 $% 2U%?<:58+,;<,54 $% 2 2*?4%R 3;;%$U%?2*?4,:%4U%;<8;+535*&4%;?:
<5?<% 2 2*?4%R 4% 42E;% 8: ;%"<%?: %;<
$54" 3%4'%O &F% 88:<,%4< ? X;%"<%?:
;<YR
1 YWW_G /J$88 !" / 2/211" !J"; "78 21
])54$ %< ;?:)"%^ 85?: 2 ;<<,54 8:5"+% $%
&F%R 305:,<' $%; 8:3&<:%; 8:,; %4
"538<%
<<%,*4%4<
$%;
4,B%?D
":"<':,;<,9?%;$U?4%<:&;!544%9?2,<'B,;[[
B,; $% 2U%?<:58+,;<,54R % 460#86" /" 4/;7
!$/7718"78/"4(274(26"828/O9?,$'8;;%
2%;%?,235E%4?35,;$%0?,22%<,4$,9?4<?4
:%2:**%$%;4?<:,3%4<;$%8?,;2%;;'$,3%4<;
B%:;2"52544%$U%?R3,;%?D45:3%;$?
2*?4*% $% &F% $%B:,< 3'2,5:%: 2
;,<?<,54B,;[[B,;$%;8+5;8+5:%;R
%; ;'$,3%4<; $%; F54%; 8:5)54$%; %< $%;
;%"<%?:; "54"+E2,"52%; $% 2U'<4* 8:';%4<%4<
$%; "54"%4<:<,54; '2%B'%; %4 3<,&:%;
5:*4,9?%;O %4 F5<% <5<2 %< %4 8+5;8+5:%
<5<2R % ;%"<%?: ;< $% 2U'<4* 354<:% ?4%
118
5!,4b:!544%?Z"5B,Z3,%4?:E
<%4$4"% *'4':2% 2U%4:,"+,;;%3%4< $%;
;'$,3%4<; %4 3<,&:% 5:*4,9?%O F5<% %<
8+5;8+5:%R %< %4:,"+,;;%3%4< %;< )B5:,;'
8:28:5)54$%?:$?;%"<%?:%<8:2%;885:<;
$%2&4%O8:,4",82"5?:;$U%?2,3%4<4<2
2*?4%R
25!2%3%4<O 2U'<< $%; 3":58+E<%; ]2*?%;
%< +%:!,%:;^ <'35,*4% $U?4% 9?2,<' 35E%44%
$? 3,2,%? B,;[[B,; $% 2U%?<:58+,;<,54R 4
:,;9?% 2,' ?D %;8&"%; ,4B;,B%; %;< 45<%:Q
8:&; $U?4 9?:< $% 2 )25:% 9?<,9?% $%
2U'<4*%;<"5385;'$U%;8&"%;%D5<,9?%;R
,%4 9?% 2 <5<2,<' $% "%; 8522?<,54; 4%
8?,;;%4< (<:% ,38?<'%; 2 "533?4% $%
&F%O $%; "<,54; 8%:3%<<4< ?4%
3'2,5:<,54 $% 2 9?2,<' $% "%; "5?:; $U%?
$%B:54< (<:% 8:'B?%; $4; 2% ]$4; 2%
:%;8%"<$%;%40%?D$'),4,;8:2%
$%+?
%< $% 2U5!0%"<,) $% !54 '<< '"525*,9?% $?
22;$U,",jhim8:'B?8:2^R
;/)8$4(?7)2N()0)5;"!"746)1)4;>2;67!J";!"
#@"
2;7!J";
&*?%;9?%;
;/)8$!"7
";>
'$,5":%
22;
3?B,;%
#7 2967"I#9
%; $%?D "5?:; $U%? 8:,4",8?D $% &F%
2,3%4<4<2U'<4*$%+?O#';"75;"7"8
//7G 46$7"18"18 ;1" 5;/)8$ /8$6$"G !"
0$!)26" 0;=)7" ]296 #F 6%79/887 "#7
04(1#7 "I1/>7# "# XVV^^R %; 2<':<,54;
%4<:,44< 2% 82?; ):'9?%33%4< ?4
$'"2;;%3%4< ;54< 2%; 3<,&:%; 5:*4,9?%;
5DE$!2%;O 2%; 3<,&:%; 8+5;8+5:'%; %< $4;
?4%35,4$:%3%;?:%2%;3<,&:%;F5<'%;R%;
2<':<,54; 3%<<%4< %4 'B,$%4"% $%;
42//;8)217
"77"18)"//"0"18
!J26)')1"
!20"78)5;" %< $4; ?4% 35,4$:% 3%;?:%
,;;?%$%;"<,B,<';*:,"52%;%<,4$?;<:,%22%;R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
6)1)4/"7
/8$68)217
<R5:*4,9?%;
5DE$!2%;OF5<%O
8+E<5824"<54
<R5:*4,9?%;
5DE$!2%;OF5<%O
8+5;8+5:%O
8+E<5824"<54O
4,<:<%;
296 #F*(1278* "9"977*1;#6718"#/I%81(
"#)9
97298#66*1#
488% $% 2U;<,%4 %;< ?4% ,385:<4<%
:%;;5?:"%%4%?$?$'8:<%3%4<$%2U':?2<R
22% ;U'<%4$ 2U%;< ;?: 2% !;;,4 B%:;4< $% 2
2*?4% $% +? %< "5?B:% 2 "533?4% $%
&F% %4 8:<,%R 22% "54;<,<?% 2U?4 $%;
8:,4",8?D 9?,)&:%; "6<,%:; 8:5)54$; $% 2
:'*,54 4*?%$5" 5?;;,2254R U%;< ?4%
:%;;5?:"% ;<:<'*,9?% 85?: 2U2,3%4<<,54 %4
%? 85<!2%R 4 *:4$ 453!:% $%
8:'2&B%3%4< %;< :'2,;' ;?: "%<<% 488% %< 2
<%4$4"% %;< 2U?*3%4<<,54R 488%
;<,%44%%;<=;/1$6/";>42//;8)217R
U?:!4,;<,54 %;< $54" 8%? ;5?+,<!2% ?
4,B%?$%2F54%$%B?24':!,2,<'$%2U;<,%4
&F% $4; ?4% 58<,9?% $% :%;8%"< $%
2U5!0%"<,)$%3-<:,;%$%2U3'4*%3%4<;?:2%
!;;,4B%:;4<R
# 1/"9)31#$8#
4% 85:<,54 $? "42 $? +64% &<% 8;;%
;?:2"533?4%$%&F%R%jhhhjhhmO2%;
:';?2<<; $%; ;?,B,; 54< 354<:' 9?% 2%;
%?D $? "42 '<,%4< 8:3, 2%; 82?;
%?<:58+,;';
$%;
%?D
2,<<5:2%;
24*?%$5",%44%;R
21868"#*#"#/I%81("#
)9
"533?4% $% &F% %;< %4**'% $4; ?4%
$'3:"+% $% "54<:< $% !,% 85?: 2U'<4* $%
+?R 22% 8:<,",8% $54" 2 $'),4,<,54
119
5!,4b:!544%?Z"5B,Z3,%4?:E
$U"<,54; <%4$4< 3'2,5:%: 2 9?2,<' $%
2U%?R 4 $%; 8:,4",8?D %40%?D $? "54<:<
85:<%;?:29?2,<'$%;%?D$%2U'<4*B%"
2 "2' $%; %40%?D '"525*,9?%; ]8:';%:B%: 2
:,"+%;;% '"525*,9?% $% 2U'"5;E;<&3% $% +?^
%< $%; %40%?D '"5453,9?%; 45<33%4< 2U'*:$ $% 2U"<,B,<' "54"+E2,"52% ]*:4<,: %4
8%:34%4"% ?4% 9?2,<' $%; %?D $% 2U'<4*
"54)5:3%; ?D 45:3%;O 8:,4",82%3%4< %4
3<,&:%!"<':,525*,9?%^R
H;86"76"772;6"718;6"//"7
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
< ,,(.+ ,) - (.)-#('
,,(%,
;?8%:),",% $% 2 "533?4% $% &F% %;< $%
lnqhRil + ]7296 #F D "211%#7
20091/#7^R 30%?:% 8:<,% $% &F% %;<
5""?8'%8:$%;<%::%;*:,"52%;]noRmv$%2
;?8%:),",% $% 2 "533?4%^R % :%;<% $?
<%::,<5,:%%;<8:<*'%4<:%Q
• ;?:)"%;%4%?B%"jlRkvO
• F54%:<,),",2,;'%B%"nRnvO
• F54%;+?3,$%;B%"iRmvO
• )5:(<;hRivR
4<:% jhhh %< jhhnO ?4% ;?:)"% $% ih
+%"<:%; $% <%::%; *:,"52%; $,;8:? <4$,;
9?U?4% ;?:)"% $% ih +%"<:%; $U%;8"%;
:<,),",2,;'; %;< 88:?%R 4<:% iqqh %< jhhhO
%D%382% %4 8':,8+':,% $? "%4<:% ?:!,4O
9?:<,%:;38*4%O%;35?<5?;R
)5:<% 8:%;;,54 )54",&:% ;U%D%:#4< ;?: 2%
<%::,<5,:% %< 2 "!4,;<,54 ]45<33%4< ;?:
2%; !%:*%; $% 2U'<4* $% +?^ 3%4"%4<
<5?<%)5,;"%<'9?,2,!:%%<$%B:54<(<:%8:,;%%4
"538<% $4; 2% 9?, $%B: "54;,$':%:
2U%;8"%"533%?4%:%;;5?:"%8:';%:B%:R
"%;54<8:&;$%jh+%"<:%;$%<%::%;*:,"52%;
9?, B,%4< $,;8:? ? 8:5),< $U%;8"%;
:<,),",2,;';R %; "+4*%3%4<; $U5""?8<,54
$%; ;52; !,%4 9?U;;%F 2,3,<'; ;% )54< ?
$'8%4$$%;%;8"%;*:,"52%;R
54<:,:%3%4<$U?<:%;"533?4%;2,<<5:2%;O
&F% ;? 8:';%:B%: ?4% *:4$% 8:<,% $%
<%::%; *:,"52%; B%" ko v $% B,*45!2%;O ik v
$%<%::%;:!2%;%<kv$%;E;<&3%;"?2<?:?D
%<8:"%22,:%;R
4 :%<:5?B% $% 2U+!,<< $,))?; $4; "%:<,4;
;%"<%?:;Q9?:<,%:%%;9?,%:O%:,49?<8:
$+ #!#$+
(+
%'+
$&+
"
$+
$'+
&+
&(+
120
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
121
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;,,(.+'+!#
% :%4%22% $% 2U%4B,:544%3%4< ),D% 2U5!0%"<,)
3!,<,%?D $U<<%,4$:% ? 35,4; jh v
$U'4%:*,%; :%45?B%2!2%; %4 jhjh $4; 2
"54;533<,54*25!2%$U'4%:*,%RU<<%,4<%$%
"%< 5!0%"<,) 4'"%;;,<% ?4 $'B%2588%3%4< $%
"%:<,4%; ),2,&:%; ]!,53;;%O 8+5<5B52<.9?%O
'52,%4^R%!?<$%"%<<%8:<,%%;<$%8:';%4<%:
2%; 85<%4<,2,<'; $% &F% %4 <%:3%;
$U,3824<<,54$U'4%:*,%;:%45?B%2!2%;R
2
Rendement éolien sur le département de l’Hérault
Source : ADEME
1#6(*#72/*6#
1#6(*#%2/*#11#
2*7%1#6(*#
U%4;%3!2% $? ;?$ $% 2U':?2< 85;;&$% ?4
')7"0"18 72/)6" )0426818"538:,;%4<:%injh%<
j
inmh1C+Z3 Z4]B5,:":<%",[8:&;^R"533?4%
$% &F% !'4'),",% $? 3,":5"2,3< $? !;;,4 $%
+? 5@ 2U%4;52%,22%3%4< %;< $% 4/;7 !" Y]WW
(";6"7461I
538<%<%4?$%"%*,;%3%4<;52,:%,385:<4<O$%;
8:50%<;$%"%4<:2%;;52,:%;85?::,%4<B5,:2%05?:
;?: 2 "533?4%R 4; "% ";O ,2 "54B,%4$: $%
8:,B,2'*,%:2%$'B%2588%3%4<;?:2%! <,%D,;<4<%<
$%8:';%:B%:2%;<%::%;*:,"52%;R
Rendement solaire en KWh par m et par an sur le
département
de l’Hérault
Source : ADEME
2*:' ?4 &268 428"18)"/ $2/)"1 ;?: 2 "533?4%
45<33%4<;?:2%;82<%?D;,<?';?5:$O?"?4%
,4;<22<,54 4U%;< ,$%4<,),'%R ?: 2% !;;,4O 2%;
"533?4%; $% B5,;,4%; $% ,22%B%E:"O 5?;;4 %<
54<!F,454<%4%))%<'<',$%4<,),'%;"533%82?;
)B5:!2%; ": $,;85;4< $% :%2,%); 8%:3%<<4< $%
"8<%: 2%; 3%,22%?:; *,;%3%4<; '52,%4; %< ;?: $%;
;,<%;:%2<,B%3%4<'25,*4';$%;+!,<<,54;R
%; 'B52?<,54; ;%:54< "%8%4$4< 8%?<[(<:% 8:'B5,: $4; 2% "$:% $% 2U'2!5:<,54 )?<?:% $?
;"+'3 :'*,542 $% 2U,:O $? "2,3< %< $% 2U'4%:*,%
$'"5?24< $? :%4%22% $% 2U4B,:544%3%4<O ?4
8:50%< $% ;"+'3 :'*,542 $% 2U'52,%4 $5,< B5,: 2%
05?:8:5"+,4%3%4<R
5,4; $% i v $? <%::,<5,:% "533?42 %;< "5?B%:<
8: $%; %;8"%; !5,;';R 200;1" !" #@" 1"
4277#!"!2147/"76"772;6"742;6!$="/244"6
"1 )18"61" ;1" &)/)#6" 2)7 4"6&26018"R 4
:%B4"+%O $%; 5885:<?4,<'; 8%?B%4< %D,;<%: ?
4,B%? $'8:<%3%4<2R :3, 2%; klk "533?4%;
$% 2U':?2<O iki 85;;&$%4< ?4% )5:(< 8?!2,9?%
!'4'),",4< $? :'*,3% )5:%;<,%:R 4% $%; 8:,5:,<';
$% 2U;;5",<,54 $%; "533?4%; )5:%;<,&:%; $%
2`':?2<O klO %;< 2 3,;% %4 82"%O 2%
$'B%2588%3%4< %< 2% ;?,B, $% 2 ),2,&:% X!5,;[
'4%:*,%YR %<<% $'3:"+% ;`,4<&*:% 8:),<%3%4<
$4;2852,<,9?%$%$'B%2588%3%4<$?:!2%%<$%;
'4%:*,%; :%45?B%2!2%; ,38?2;'% 8: 2% 54;%,2
*'4':2 $% 2`':?2<O 2 '*,54 4*?%$5"
5?;;,2254O2`?:58%%<2`<<R
122
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
%8)1*78*21
3'<+4,;<,54 8:<,: $? *,;%3%4< $%
$'"+%<; *:,"52%; %;< ?4% ),2,&:% %4 82%,4
$'B%2588%3%4<R %<<% 8,;<% $% B25:,;<,54
'4%:*'<,9?%
%<
<+%:3,9?%
85?::,<
'B%4<?%22%3%4< (<:% %D825:'% 2UB%4,:O 2%;
:%;;5?:"%; 2,'%; ? 5:$ $? !;;,4 $% +?
]B,<,[B,4,"?2<?:%
%<
3:,"+*%
%;;%4<,%22%3%4<^85?::,%4<E"54<:,!?%:R
123
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
6)//"82;87N&)/"77"7M244268;1)8$70"1"7H"772;6"718;6"//"7
)8;8)218;"//"
"1!1"7
d
N
N
d
N
N
*?4*%$%&F%Q%)),"",<'$?85,4<$%B?%!"<':,525*,9?%
*?4*%$%&F%Q)5:<%"+:*%$%8+5;8+5:%;%<$%4,<:<%;
:%2:*?';$4;22*?4%$%+?%<"8",<'$U;;,4,;;%3%4<
2,3,<'%4'<'
88%;<,%44%B?24':!2%
4:';%?$%$,;<:,!?<,54$%2U%?85<!2%%)),""%
%;8%:<%;,385:<4<%;2,'%;?D)?,<%;;?:2%:';%?
]$'*:$<,54;?,<%?<,2,;<,54$%!,5DE$%$%"+25:%^
5:<%;522,",<<,54$%2:%;;5?:"%%4%?85<!2%%48':,5$%
%;<,B2%
,;%?D45:3%;$%2;<<,54%4"5?:;
?*3%4<<,54$%2"8",<'$%2;<<,54
$U'8?:<,54%4"5?:;
%4"5?:;$U'2!5:<,54
U?*3%4<<,54$'35*:8+,%8:'B?%4%
$%B:,<8;3'2,5:%:2;,<?<,54
,)),",2%3-<:,;%$%;;5?:"%;$%8522?<,54
%;;%4<,%22%3%4<$U5:,*,4%$53%;<,9?%
N
?B,;%9?2,<'$%;"5?:;$U%?8:,4",8?D$%&F%
N
25!2%3%4<O2U%?$%22*?4%%;<$%!544%9?2,<'?
4,B%?$%&F%3,;2%8+5;8+5:%%;<?48:3&<:%
$'"2;;4<
,;%?D45:3%;$?2*?4*%$%&F%
d
5:<85<%4<,%2%4'4%:*,%;:%45?B%2!2%;
%?$U%;8"%$,;854,!2%;?:2"533?4%
$'"1!"
w
<5?<85?:2%<%::,<5,:%
N
,!2%;;%85?:2%<%::,<5,:%
;,<?<,54,4,<,2%B;%
85?:;?,B:%
;,<?<,54,4,<,2%B:2%4<,:
5?;U,4B%:;%:
5?2%?:B%:<%
%;8%:;8%"<,B%;$U'B52?<,54;54<85;,<,B%;
5?2%?::5?*%
%;8%:;8%"<,B%;$U'B52?<,54;54<4'*<,B%;
124
5!,4b:!544%?Z"5B,Z3,%4?:E
H2//;8)217"81;)71"7
;.#,',,('(+,
%!:?,<%;<?05?:$U+?,"54;,$':'"533%?4%
4?,;4"%30%?:%R%;4?,;4"%;;545:%;;?:2
"533?4% $% &F% ;54< %;;%4<,%22%3%4< 2,'%;
?D<:4;85:<;R
%;4,B%?D;545:%;$%:')':%4"%8%:3%<<%4<
$% "2;;%: 2%; ,4):;<:?"<?:%; $% <:4;85:<;
<%::%;<:%; :%"%4;'%; %< $% $'<%:3,4%: 2
2:*%?: 3D,32% $%; ;%"<%?:; ))%"<'; 8: 2%
!:?,<R%;;%"<%?:;))%"<';8:2%!:?,<$%8:<
%< $U?<:% $% 2U,4):;<:?"<?:% "2;;'%
;U'<%4$%4< $% ih khh 3&<:%; ;%254 2
"<'*5:,% $% "2;;%3%4< ;"+4< 9?U,2 E m
"<'*5:,%;R %; ;%"<%?:; ;54< $%;<,4'; "5?B:,: 2U%4;%3!2% $? <%::,<5,:% 5@ ?4%
,;52<,54 "5?;<,9?% :%4)5:"'% %;< 4'"%;;,:%R
%; ! <,3%4<; "54;<:?,:% $4; ?4 ;%"<%?:
))%"<' 8: 2% !:?,< $5,B%4< $54" ;U,;52%: %4
)54"<,54$%2%?:4,B%?;545:%R
"533?4% $% &F% %;< "54"%:4'% 8:
20!"/J)1&6786;8;6"
,*4%45?B%22%X
Y
54<8%22,%:%:8,*44
q
nik
mi
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
9?<:% ,4):;<:?"<?:%; !'4'),",4< $U?4
"2;;%3%4<;545:%Q
• 2 /)'1" 12;="//" 2184"//)"6
"64)'11O 9?, '<' 9?2,),'% $%
8:50%< $U,4<':(< *'4':2 ]
^ 8:
::(<'8:')%"<5:24djhhh[[lkmk$?jq
$'"%3!:%jhhhP
• U;8262;8" ` <:B%:;% 2 "533?4%
;?:?4%254*?%?:$%nRkop1,253&<:%;P
• %; 62;8"7 !$468"0"18/"7 ]XZ "8
\XR
"<'*5:,% ;545:% %< 2 2:*%?: ))%"<'% 8:
2% !:?,< ;54< 8:';%4<'%; $4; 2% <!2%? ",
"54<:%R
U?<5:5?<% q %;< 8: ,22%?:; "2;;'% B5,% *:4$% ",:"?2<,54O 2%; "54;<:?"<,54; ;54<
,4<%:$,<%; $4; ?4% !4$% $% ihh 3&<:%; $%
8:< %< $U?<:% $% 2UD% $% "%; B5,%;R %; RR
nik %< mi ;54< "2;;'%; :5?<%; *:4$%
",:"?2<,54O 2%; "54;<:?"<,54; ;54< ,4<%:$,<%;
$4; ?4% !4$% $% om 3&<:%; $% 8:< %<
$U?<:%$%2UD%$%"%;B5,%;R
48:50%<$%/1!"6$="18)21!;6;)8!17
268)21721"61$"7
8$'26)"
6'";6&&"8$"46
/"6;)8
)77;
5?<%285:<,549?,<:B%:;%
2"533?4%
5?<%285:<,549?,<:B%:;%
2"533?4%
nikQlmOlnOloOlpOlqOmhO
miOmjOmkOmlOmm
miQi
j
jmh3
?B%:<
i
khh3
?B%:<
j%<k
jmh%<ihh3
?B%:<
k%<l
ihh%<kh3
?B%:<
/J1=)6211"0"18PQ '<' :'2,;' $4;
2U':?2<
]8:50%<
"<?%22%3%4<
%4
"54;?2<<,54^R 4 :%"%4;%3%4< $%; 5,4<;
5,:; $? :?,< ]^ $% 2U?<5:5?<% q '<'
:'2,;'R?<:%54'<'8:'[:%"%4;';;?:2
"533?4% $% &F%O ,2 ;U*,< $% l 25*%3%4<;
,4$,B,$?%2;R %; 8:5<%"<,54; 8+54,9?%; $% "%;
85,4<;45,:;$%B:,%4<(<:%3,;%;%482"%R
4 462-"8 !" !$=)8)21 !" / ]XZ %;< "<?%22%3%4< 2U'<?$%R 2 85?::,< :'$?,:% 2%;
4?,;4"%; ;545:%; ;;5",'%;R 4 %))%<O 2 nik9?,<:B%:;%2B,22%$%&F%$4;?4;%4;
5:$ ?$ %;< 2U?4 $%; D%; :5?<,%:; 2%; 82?;
):'9?%4<'; $? $'8:<%3%4<R %; '<?$%;
:'2,;'%; $4; 2% "$:% $? 5 $? ;;,4 $%
+? 354<:%4< 9?U%4B,:54 imhhh B'+,"?2%;
8:05?:<:4;,<%4<8:&F%R
),4 $% 8:';%:B%: 2U%4B,:544%3%4< $%;
+!,<4<;O2%$'B%2588%3%4<$%2U?:!4,;<,54
]?;*%$U+!,<<,54^$4;2%;;%"<%?:;5@2%;
4?,;4"%;
;545:%;
;54<
,385:<4<%;
]45<33%4< 8:5D,3,<' $%; ,4):;<:?"<?:%;
!:?E4<%;^$%B:(<:%2,3,<'R
125
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
/77#0#1872126#"#7*1'67869 896#76298*$6#7"#78617426878#66#786#7796$?#
126
5!,4b:!544%?Z"5B,Z3,%4?:E
;"-,
Q ;8)/7!"'"78)21!"7!$("87
%; $'"+%<; "54;<,<?%4< ?4 :,;9?% 85?:
2U%4B,:544%3%4< %< 2 ;4<' $% 2U+533% ,4;,
9?U?4% ;5?:"% $% 4?,;4"%; 85?: 2%;
858?2<,54;R 5?: :'854$:% "%;
8:'5""?8<,54; %< 5:*4,;%: 2 *%;<,54 $%;
$'"+%<;O $%; 824; $'8:<%3%4<?D ;54< 3,;
%4 82"%R U%;< 2% "; $? /1 $468"0"18/
!J/)0)18)21 !"7 $("87 $1'"67 "8
77)0)/$7 ]^ $% 2U':?2< 9?, $<% $%
3:;jhhjR
?: 2% <%::,<5,:% "533?42O 2 "522%"<% %< 2%
<:,<%3%4< $%; $'"+%<; ;54< ;;?:'; 8: 2
533?4?<'$%533?4%;X5:$;;,4$%
+?Y ]^R 54 4/1 !" '"78)21 !"7
!$("87%;<!;';?:2%<:,;'2%"<,)O2%:%"E"2*%
%<2B25:,;<,54R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
05?: 85?: j *:$,%4;R ):'9?%4<<,54 $% 2
$'"+%<<%:,% %4 jhhq %;< %4 ?*3%4<<,54 8:
:885:<jhhpR
% 204/">" +.27 %;< ?4 85,4< 4'B:2*,9?%
$%;),2,&:%;$%<:,<%3%4<$%;$'"+%<;$%&F%
%< 82?; 2:*%3%4< $% 2 R 4 %))%<O "%
"5382%D%O ;,<?' ;?: 2 "533?4% $%
,22%B%E:"O:'?4,<Q?4"%4<:%$%<:,O?4"%4<:%
$% ;<5"1*% %< ?4% 82<%)5:3% $%
"5385;<*%R % "%4<:% .15; %;< %4 "5?:; $%
35$%:4,;<,54R
Q61!7$5;)4"0"187
)18"6200;1;8)6"7!"'"78)21!"7
!$("87
%;< '9?,8'% $% Z !$("88"6)"7
],3824<'%;&F%O5?F,*?%;%<54<!F,4^O
;5,< ?4% $'"+%<<%:,% 85?: opmq +!,<4<;R
22%;;54<;,<?'%;$%34,&:%"%9?%"+9?%
?;*%:;5,<35,4;$%ih3,4$%2U?4$%;<:5,;
;,<%;R35E%44%05?:42,&:%$%;8;;*%;%4
$'"+%<<%:,% $% &F% %;< $% iiq 8;;*%; 8:
,*.#)&'-,%(&&.'.-(&&.',(+.
,,#'".
P296 #F44268119#/796/#46*=#8/59/*8%"97#6;* #49/* "I%/*0*18*21"#7"% )#87D11%#XVV_D2009198%"#
20091#726""977*1"#)9Q
127
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
% 4,B%? $U'9?,8%3%4<; %4 42)187 !J44268
=2/218)6" %;<;<,;),;4<;?:2"533?4%$%
&F%R%4,B%?$U'9?,8%3%4<$%;$,))':%4<%;
"533?4%; %;< 8:';%4<' $4; 2% <!2%? ",[
8:&;R
128
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
129
5!,4b:!544%?Z"5B,Z3,%4?:E
Q )/)#6"7!"2//"8"!"7!$("87
"522%"<% $%; $'"+%<; ;?: 2 "533?4% $%
&F%%;<5:*4,;'%?<5?:$%<:5,;F54%;Q
• %;@21"7!J()8874=)//211)6"7$%
&F% ;< %< &F% ?%;< 5@ ?4%
"522%"<%8:!";%;<%))%"<?'%R
• %"186"1)"1="?4%"522%"<%$%;
;";45,:;%<0?4%;R
• % 5;68)"6 ">"186$ !" 2180#@"
]"522%"<%$%!";^R
4; 2%; 45?B%?D +!,<<; B%:<,"?DO $%;
"52544%; %4<%::'%; 54< '<' ,4;<22'%;R 22%;
;%:B%4<2"522%"<%$%;5:$?:%;3'4*&:%;%<
$%; %3!22*%; 3'4*%:; :%"E"2!2%;R ?
<5<2O inm )5E%:; ;54< $%;;%:B,; 8: "%;
"52544%;R
"522%"<% $? B%::% ;% ),< %4 85,4< $U885:<
B5254<,:%R jj "52544%; ;54< ,4;<22'%; ;?:
&F%R
5?: 2%; 8:5)%;;,544%2;O ?4% "522%"<%
;8'",),9?%$?":<54'<'3,;%%482"%R
"533?4% $% &F% +'!%:*% ?4%
$'"+%<<%:,% 9?, ""?%,22% 2%; $3,4,;<:'; $%
&F%O5?8,4%<,22%B%E:"R
Q )/)#6"7!"86)8"0"18!"7!$("87
%; 5:$?:%; 3'4*&:%;O 2%; %3!22*%;
3'4*%:;:%"E"2!2%;%<2%;B'*'<?D,;;?;$%;
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
$'"+%<<%:,%; %< $%; 8:5)%;;,544%2; $% 2
"533?4% $% &F% ;54< "+%3,4'; ? "%4<:%
$%;<5"1*%$%;$'"+%<;454$4*%:%?D;?:2%
"5382%D%.15;R
%"%4<:%$%<:,.15;;%;,<?%;?:2"533?4%
$%,22%B%E:"R2'<'5?B%:<%4iqqo%<8%?<
<:,<%:0?;9?Umhhh<544%;$%$'"+%<;8:4O
2U'9?,B2%4<$%ihhhhh+!,<4<;R
% "%4<:% $% <:, )54"<,544% $% 2 )#54
;?,B4<%Q
• '"%8<,54$%;$'"+%<;;?:?4%,:%$%
;<5"1*%O
• :, 34?%2 %< 3'"4,9?% $%;
2//"8"!"726!;6"70$1'#6"7#@"
:$?:%;
3'4*&:%;
]"3::54^
&F%;<
&F%?%;<
%4<:%
4",%4
?:<,%:;
%D"%4<:';
]54<[
3&F%^
?4$,
%?$,
:$,
%4$:%$,
3!22*%;
3'4*%:;
:%"E"2!2%;
]"!2%?^
%4$:%$,
%?$,
:$,
%4$:%$,
:$,;5,:
";
45,:;
";
0?4%;
5?;2%;
;5,:;
;?)
;3%$,
?4$,
%:":%$,
%4$:%$,
296 #FD7#6;* #"% )#87DXVWV
$,))':%4<%;):"<,54;:%"E"2!2%;O
54$,<,544%3%4< %4 !22%; ),4 $%
:'854$:% ?D %D,*%4"%; ),D'%; 8: 2%;
:%8:%4%?:; $';,*4'; $4; 2% "$:% $?
"54<:< 9?, 2,% 2 2 ;5",'<'
"5[3!22*%R
B%" 2%; $'"+%<; B'*'<?DO 2% "%4<:% .15;
8:5$?,<$?"5385;<9?,%;<B%4$?;?:82"%R
•
% "%4<:% $% <:, B 8:5"+,4%3%4< (<:%
35$%:4,;'R "522%"<% ;'2%"<,B% ;%:
'*2%3%4<
<5<2%3%4<
:'5:*4,;'%
8:5"+,4%3%4<]?4%'<?$%%;<%4"5?:;^R
!Q 7!"7!$("8721(?/)2/"7
8:,4",82% "<,B,<' '"5453,9?% 2,'% 2
2*?4% $% +? %;< 2 "54"+E2,"?2<?:%R %;
$'"+%<; ,;;?; $% "%<<% "<,B,<'O '<,%4<
+,;<5:,9?%3%4< 0%<'; $4; 2 2*?4%O "% 9?,
8%?<%4<:,4%:$%;$E;)54"<,544%3%4<;*:B%;
$? 3,2,%?R 4 :'854;% "%<<% 8:5!2'3<,9?%O
?4 ;E;<&3% *'4':2,;' $% "522%"<% $% $%;
$'"+%<; "54"+E2,"52%; '<' 3,; %4 82"% %4
iqqoR 4 jhhhO ?4 "%4<:% $% <:,<%3%4< $%;
$'"+%<; ;U%;< ,4;<22' ;?: 2% ;,<% $? 5?::%
24"O&F%R"522%"<%%<2%<:,<%3%4<$%;
$'"+%<; "54"+E2,"52%; ;54< $54" $%B%4?; ?4
;%:B,"% 8?!2," $? E4$,"< ,D<% $? ;;,4 $%
+?]^R%;%:B,"%'<'%4B,;*'$4;2%
"$:% $U?4% $'2'*<,54 $% ;%:B,"% 8?!2,"R %
]+%<; 4"+E2,"52; %<
E<,2,"52%;^O ,4,<,2%3%4< %4 "+:*% $% "%<<%
"538'<%4"%O$'2'*?'85?:?4%$?:'%$%im
4; "538<%: $% 3, jhhhO 2 *%;<,54 %< 2
B25:,;<,54 $%; $'"+%<; "54"+E2,"52%;R %;
$,)),"?2<'; $% 3,;% %4 7?B:% $% "%<<%
$'2'*<,54 54< "54$?,< 2 :%382"%: 8: ?4
3:"+' '<!2, B%" 2 85?:
?4% $?:'% $% j 4;R $'),224"% $%
2U%4<:%8:,;%"54$?,<2%
130
5!,4b:!544%?Z"5B,Z3,%4?:E
:';,2,%: "% 3:"+' %< :%8:%4$:% %4
%D825,<<,54 $,:%"<% "% ;%:B,"% $% "522%"<% %<
$%<:,<%3%4<R
%8?,;3:;jhhoO2"522%"<%%<2%<:,<%3%4<
$%; $'"+%<; "54"+E2,"52%; ;54< :'2,;'; 8: 2
85?: ?4% $?:'% $% im 4;R 2 ;U*,<
$U?4% $'2'*<,54 $% ;%:B,"% 8?!2," %4<:% 2%
%<2O?4%),2,2%$%2?:R
U?;,4% $% <:,<%3%4< $%; $'"+%<;
"54"+E2,"52%; 8:';%4<% ?4 "%:<,4 453!:% $%
4?,;4"%;Q
• :5!2&3%$U5$%?:;O
• 5:<%$'8%4;%'4%:*'<,9?%O
• <5<2,<' $%; $'"+%<; 4U%;< 8;
B25:,;'%R
% "54<:< '<!2, B%" 2 ;5",'<' '<'
:')2'"+, $% 34,&:% :'854$:% "%;
8:5!2'3<,9?%;R 2 ;U*,< $% :%;<?:%: ?4%
;,<?<,54 ;<,;),;4<% $% ;%:B,"% B%" $%;
5!0%"<,);$%Q
• -<:,;% $%; 5$%?:; ;?: 2% ;,<% %< ;%;
2%4<5?:;O
• 25:,;<,54 $% 2 <5<2,<' $%; $'"+%<;
"54"+E2,"52%;O
• 'B%2588%3%4< $U?4% ),2,&:% $%
B25:,;<,54 $?:!2% %< :%;8%"<?%?;%
$% 2U%4B,:544%3%4< ]B%:; ?4% *%;<,54
%4B,:544%3%4<2% "%:<,),'% ilhhi
%< ?4% <:#!,2,<' "%:<,),'% qhhi
jhhh^R
• PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
"Q )/1 7;6 / 5;18)8$ !" !$("87
462!;)87
%; $544'%; ;?: 2% <544*% $%; $'"+%<;
8:';%4<'%; $4; "%<<% 8:<,% "54"%:4%4<
2U%4;%3!2% $%; "533?4%; $% 2 R "533?4?<' $% "533?4%; 4U 8; '<' %4
3%;?:%$%45?;<:4;3%<<:%$%;$544'%;8:
"533?4%R
4 jhhqO jhppo <544%; $% $'"+%<; 3'4*%:;
%<;;,3,2';54<'<'"522%"<';%<<:,<';8:2%;
;%:B,"%; $% 2 O "% 9?, :%8:';%4<% 8:&;
$%pqn1*Z4Z+!O;5,<?4%+?;;%$%ov8:
:885:< 2U44'% jhhpR % <544*% 8: 4 %<
8: +!,<4< %;< 4%<<%3%4< ;?8':,%?: ?
<544*%35E%44<,542R
%;9?4<,<';$%$'"+%<;"522%"<'%;%485:<%
85:<% ];"; w !";^ ;54< *25!2%3%4< ;<!2%;
$%8?,; jhhn ]?4% 2'*&:% !,;;% $%; 5:$?:%;
3'4*&:%; :';,$?%22%; %;< "54;<<'%^R %;
$'"+%<;"522%"<';%485,4<$U885:<B5254<,:%
54< ;?!,< ?4% 2'*&:% ?*3%4<<,54 $%8?,;
jhhn ]B%::%^ B5,:% ?4% )5:<% ?*3%4<<,54
]%3!22*%; 3'4*%:; :%"E"2!2%;Q mh <544%;
%4jhhnijo<544%;%4jhhq^R
9?4<,<' $% $'"+%<; "522%"<'; %4
$'"+%<<%:,% ]%4 <544%;^ 8:5*:%;;' $% iiRlp
v %4 jhhq 8: :885:< jhhpR 8:< $%;
%4"53!:4<;%;<8:'854$':4<%B%"llv$?
<5<2 $%; $'"+%<; "522%"<';R %22% $%; ,4%:<%;
%;< '*2%3%4< ;,*4,),"<,B% B%" ip vR %;
<544*%; $% )%::,22% :%B%4$?; 54< ?*3%4<'
$% mnRlq v %4 jhhqR 3,;% %4 82"% $% 2
"522%"<% $%; ]'"+%<; $U9?,8%3%4<;
2%"<:,9?%; %< 2%"<:54,9?%;^ 9?, 4U%;< 8;
5:*4,;'% ;?: 2%; $'"+%<<%:,%; 85?: 2U,4;<4<
$%B:,< 8%:3%<<:% $% $,3,4?%: 2 8:< $%;
%4"53!:4<;R
131
5!,4b:!544%?Z"5B,Z3,%4?:E
%<?D$%:%"E"2*%$%;$'"+%<;3'4*%:;%<
;;,3,2'; ?*3%4<% $% iRhk v %4<:% jhhp %<
jhhqR % <?D $% B25:,;<,54 3<,&:%
]"5385;<*% w :%"E"2*%^ %;< $% koRih v %4
jhhqRU5!0%"<,)*'4':2%;<$U<<%,4$:%mhvR
4 "% 9?, "54"%:4% 2 ),2,&:% "5385;<*%
,4$,B,$?%2Ojij"5385;<%?:;54<'<'$,;<:,!?';
%4 jhhqR ,4;,O ? ki $'"%3!:% jhhqO ihih
)5E%:; '<,%4< '9?,8'; %4 "5385;<%?:;R 4
jhhqO nq "5385;<%?:; 54< '<' $,;<:,!?'; &F%Pko"5385;<%?:;,4$,B,$?%2;B,%4<'<'
$,;<:,!?'; %4 jhhpR U5!0%"<,) %;< $%
$'B%2588%: 2U'9?,8%3%4< $%; )5E%:; $4; 2
8%:;8%"<,B% $% 2 :'$?"<,54 $%; $'"+%<; 2
;5?:"%R
858?2<,54<5?:,;<,9?%;?:2%;n"533?4%;
$% 2 %;< $U%4B,:54 ihmh '9?,B2%4<;
+!,<4<; 8: 4O ;5,< l v $% 2 858?2<,54
44?%22% ;?882'3%4<,:% B%" ?4 8,"
;,;544,%:85?:2%35,;$U5A<R
8:5$?"<,54 $%; $'"+%<; '344< $% 2
858?2<,54 <5?:,;<,9?% ;?: 2%; n "533?4%;
;U'2&B%:,<poh<544%;8:4R
8:'B5,< 2 :'5:*4,;<,54 "5382&<%
$% 2U5:*4,;<,54 $% 2 "522%"<% $%; $'"+%<;
3'4*%:;O "% 824 $% :'5:*4,;<,54 %<
35$%:4,;<,54 %;< "<?%22%3%4< %4 "5?:;
$U'<?$%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
132
5!,4b:!544%?Z"5B,Z3,%4?:E
;',-%%-#(',%,,,
2 %D,;<% ;?: 2% <%::,<5,:% $% 2 "533?4% $%;
,4;<22<,54; "2;;'%; 85?: 2 8:5<%"<,54 $%
2U%4B,:544%3%4< :%2%B4< $? :'*,3% $%
2U?<5:,;<,548:')%"<5:2%Q
20!"
8)=)8$
/J$8/)77"0"18
4,%2
:'8:<,54$%B,4;
RR
%; B,*4%:54; $% :'8:<,54$%B,4;
&F%
44,"1
<5"1*%
$%
)%::,22%;
%; %4<:%8:,;%; ;54< "2;;'%; %4 :,;54 $%
2%?:;,38"<;85<%4<,%2;;?:2U%4B,:544%3%4<R
;.%#-%:#+
%1%6/*8%7#846*1 *49=
42//918780274)%6*59#7
9?2,<' $% 2U,: $'8%4$ $%; '3,;;,54; $%
8522?4<; %< $%; "54$,<,54; <35;8+':,9?%;
]<:4;85:<O
$,))?;,54O
<:4;)5:3<,54;
"+,3,9?%;S^R %; 'B52?<,54; $% <%4%?:; %4
8522?4<;$4;2U,:3!,4<;54<%4%))%<2,'%;
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
2 ;E4%:*,% $%; "54$,<,54; 3'<'5:525*,9?%;
%< $%; "54$,<,54; $U'3,;;,54R %; '<?$%;
3%4'%; "% 05?: 8%:3%<<%4< $% 3%;?:%: ?4
"%:<,4 ,38"< $% 2 8522?<,54 <35;8+':,9?%
;?:2;4<'$%2858?2<,54R
%; 8:,4",8?D 8522?4<; <35;8+':,9?%;
;54<Q
• % !)2>?!" !" 72;&6" PYQ %;<
8:,4",82%3%4<'3,;8:2%;,4$?;<:,%;
%< 2%; "%4<:2%; <+%:3,9?%; 8: 2
"53!?;<,54$?)?%2%<$?"+:!54R%;
35<%?:; $,%;%2; ;54< '*2%3%4< 3,;
%4 "?;% ": 2% ;5?):% %;< ?4 $%;
"5385;4<; $? *F52%R % *F ,::,<4<
85?:2%;B5,%;:%;8,:<5,:%;8:<,",8%
2)5:3<,54$%;82?,%;",$%;R
• % !)2>?!" !J@28" PYQ 8:5B,$%4<
%;;%4<,%22%3%4< $%; B'+,"?2%;R %;
D 8:5B59?%4< ?4% 2<':<,54 $% 2
)54"<,54 :%;8,:<5,:%O ,2; 8:<,",8%4< 2 )5:3<,54 $% 2U5F54% %< ?D
8+'453&4%;$%82?,%;",$%;R
• %; 20427$7 6'1)5;"7 2/8)/7
21
$8(1)7$7
PQ
:%*:5?8%4< ?4 *:4$ 453!:% $%
352'"?2%; "533% 2%; B8%?:;
$U+E$:5":!?:%;O 2%; ;52B4<;S %?:;
%))%<; ;?: 2 ;4<' %< 2U%4B,:544%3%4<
$'8%4$%4< $% 2%?: 4<?:%R B%" 2%;
DO ,2; ,4<%:B,%44%4< $4; 2%
8:5"%;;?;$%)5:3<,54$%2U5F54%R
•
•
•
•
% 0212>?!" 621" PQ %;<
8:,4",82%3%4< '3,; 8: 2%; B'+,"?2%;
%;;%4"% %< ;% :%<:5?B% %4 *:4$%
"54"%4<:<,54 9?4$ 2% 35<%?:
)54"<,544% ? :2%4<, $4; ?4 %;8"%
"25; 5? $4; ?4 !5?"+54R %<<%
352'"?2% ;% ),D% 2U+'35*25!,4% 2
82"% $% 2U5DE*&4% %< 8%?< 22%:
0?;9?U%4<:,4%:235:<R
%;0$8;>/2;6!7"533%2%8253!O2%
F,4"O 2% "?,B:%O 2% 3%:"?:% ;54< ,4":,3,4%:
$4;
2
8522?<,54
<35;8+':,9?%R
2;
;54<
%;;%4<,%22%3%4< ,;;?; $% 8:5"'$';
,4$?;<:,%2; %< $? <:4;85:< :5?<,%:R
%?:
""?3?2<,54
$4;
2U%4B,:544%3%4< 8%?< B5,: $%; %))%<;
"4"':,*&4%;R
%; 468);/"7 &)1"7 P>Q 8%?B%4<
(<:% $U5:,*,4% 4<?:%22% 3,; ?;;,
4<+:58,9?% ],4$?;<:,%O <:4;85:<O
"53!?;<,54$53%;<,9?%S^R%;54<2%;
B'+,"?2%; $,%;%2 9?, '3%<<%4< 2% 82?;
$% 8:<,"?2%;R %; D 8%?B%4<
8:5B59?%: $%; *(4%; B5,: $%;
2<':<,54; $% 2 )54"<,54 :%;8,:<5,:%R
22%; ;54< :%;854;!2%; $% 2
$'*:$<,54$%;354?3%4<;R
U2@21" PZQG ; )5:3<,54 %;< ?4%
8522?<,54 8+5<5"+,3,9?% 9?, :';?2<%
$%:'"<,54;"+,3,9?%;"5382%D%;9?,
54< 2,%? $4; 2U<35;8+&:% ;5?;
2U"<,54 $% :E54; 2?3,4%?D %4<:%
133
5!,4b:!544%?Z"5B,Z3,%4?:E
82?;,%?:; "5385;'; 8:'"?:;%?:;O
8:3,2%;9?%2;54:%<:5?B%2%;D%<
R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
U8:&; 2% 5$% $% 2U?:!4,;3%O 2% $5,<
8%:3%<<:% $U;;?:%: 2 8:';%:B<,54 $% 2
9?2,<' $% 2U,:R :'$?"<,54 $% 2U%D85;,<,54
$%; 858?2<,54; 2 8522?<,54 <35;8+':,9?%
),:% 8:<,% $%; '2'3%4<; $% :')2%D,54 $?
8:50%<"533?42R
'$2'64()5;"7!J$8;!"!J)6
9*;*"#/59/*8%"#/I*6796/
20091#"#$?#
,: %;< ?4% ;;5",<,54 *:'% $%
;?:B%,224"%$%29?2,<'$%2U,:RU%;<%22%9?,
'<?$,% 2 8522?<,54 <35;8+':,9?% %4 :'*,54
4*?%$5" 5?;;,2254 *: "% ?4 $,;85;,<,) $%
3%;?:%R
9/*8%"#/I*6796/#8#66*82*6#
20091/
21"7
2207;6/@21"'$2'64()5;"!J$8;!"!J)6
K$')21!"#8"L
296 #F*8#18#61#8*6
&F% 88:<,%4< ? ;%"<%?: $U'<?$% 88%2'
X:'*,54 $% &<%YR 2 4UE 8; $% ;<<,54 $%
3%;?:%$%29?2,<'$%2U,:4,;?:2"533?4%
$%&F%O4,;?:2:'*,54$%&<%R
24U%D,;<%$54"8;$%$544'%;8:'",;%;$%2
9?2,<'$%2U,:;?:&F%R%?2%2%;$544'%;$%
2U'<?$% X,24 $%; 3%;?:%; 8%:34%4<%;O
5F54%'<'jhhqO:'*,54$%54<8%22,%:[&<%YO
%;< %D825,<!2%R %; 8:,4",8?D :';?2<<; $%
"%<<%'<?$%;54<8:';%4<';",[$%;;5?;R
U5F54% ]k^ %;< ?4 8522?4< <35;8+':,9?%
8:5B%44< $% 2 <:4;)5:3<,54 $% 8522?4<;
8:,4",82%3%4< ,;;?; $? <:)," :5?<,%: 5? $%;
,4$?;<:,%; %4 8:';%4"% $% :E544%3%4<
;52,:% %< $U?4% <%38':<?:% '2%B'%R %;
"54"%4<:<,54; ;54< $54" 25*,9?%3%4< 82?;
'2%B'%; %4 '<'R U5!0%"<,) $% 9?2,<' 85?: 2
8:5<%"<,54 $% 2 ;4<' +?3,4% %< 85?: 2
8:5<%"<,54$%2B'*'<<,54,4;,9?%2B2%?:
",!2%85?:28:5<%"<,54$%2;4<'+?3,4%%<
2 8:5<%"<,54 $% 2 B'*'<<,54 4U54< 8; '<'
:%;8%"<'; %4 3,2,%? 8':,?:!,4 %4 jhhq
"533% "+9?% 44'% %< "533% ;?: 2% :%;<%
$%2:'*,54RF54%8':,?:!,4%?;?$$%
54<8%22,%: "544? %4 jhhq 2 35E%44%
%;<,B2% 2 82?; '2%B'% $%8?,; 2% $'!?< $%;
3%;?:%;%4jhhqR4:,;54$?"5385:<%3%4<
8:<,"?2,%: $% 2U5F54%O 54 45<% 9?% 2%;
$'8;;%3%4<;
$%;
$,))':%4<;
;%?,2;
:'*2%3%4<,:%;Q
• 54< 82?; '2%B'; %4 3,2,%? 8':,[?:!,4
9?U%43,2,%??:!,4O
•
4<'<'305:,<,:%3%4<5!;%:B';25:;
$% 2 8':,5$% %;<,B2% 8%4$4<
2%;9?%22%;
2%;
"54$,<,54;
3'<'5:525*,9?%; ;54< )B5:!2%; 2
)5:3<,54 %< 2U""?3?2<,54 $%
2U5F54%.
134
5!,4b:!544%?Z"5B,Z3,%4?:E
U!;%4"%$U,4$?;<:,%;'3%<<:,"%;$%8522?4<;
;?:2"533?4%$%&F%2,;;%8%4;%:9?%2%;
<:4;85:<; "54;<,<?%4< 2 ;5?:"% 8:,4",82%
$U'3,;;,54; <35;8+':,9?%; 8522?4<%;R
U?<5:5?<% q %< 2%; :5?<%; $'8:<%3%4<2%;
nik%<mi;54<$%;B5,%;$%*:4$%",:"?2<,54R
,%4 9?U?"?4% 3%;?:% $%; '3,;;,54; ?
4,B%? $% "%; B5,%; 4% ;5,< 3%4'%O ,2 ;%3!2%
25*,9?% $% ;?885;%: 9?% 2%; '3,;;,54;O
45<33%4< $% DO 2%?: 4,B%? ;5,%4<
;?8':,%?:%;"%22%;$?:%;<%$?<%::,<5,:%R
"7 861742687 2178)8;"18 / 72;6"
46)1)4/" !" !$'6!8)21 !" / 5;/)8$ !"
/J)6 7;6 / 200;1" !" #@"I "7 4)7
!J2@21""78)=;>4";="18%86"21788$7I"7
$0)77)217 $/"=$"7 !" > ; 1)="; !"7
)1&6786;8;6"7!"8617426872184277)/"7I"
!"=6 0"886" "1 4/" !"7 0"7;6"7
=)718 0$/)26"6 / 5;/)8$ !" /J)6 7;6 /"
8"66)82)6" "8 !)0)1;"6 /"7 424;/8)217
">427$"7 !"7 7";)/7 $/"=$7 !" 42//;187
80274($6)5;"7I
<#-,-,(%,)(%%.,
U'<?$% $%; ;52; 85?: !?< 8:,4",82
$U,$%4<,),%:$%;;5?:"%;85;;,!2%;$%8522?<,54R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
U,$%4<,),"<,54 $%; ;5?:"%; $%; 8522?<,54; %<
$%;F54%;"54<3,4'%;:%85;%;?:2U42E;%$%
<:5,; !;%; $% $544'%;Q O %<
,R
H "%<<% !;% $% $544'%; :%"%4;% 2%;
;,<%; %< ;52; 8522?'; ]5? 85<%4<,%22%3%4<
8522?';^ 88%24< ?4% "<,54 $%; 85?B5,:;
8?!2,";<,<:%8:'B%4<,)5?"?:<,)R
?"?4 ;,<% 4U%;< :%"%4;' ;?: 2
"533?4%$%&F%R
J)%;< 2% %*,;<:% ):4#,; $%; 3,;;,54;
522?4<%;R %<<% !;% $% $544'%; :%4;%,*4%
;?:2%;'3,;;,54;$4;2U%?O2U,:%<2%;52,4;,
9?% ;?: 2 8:5$?"<,54 $% $'"+%<; $4*%:%?D
,;;?;$%;,4;<22<,54;,4$?;<:,%22%;%<'2%B*%;R
22%%;<"54;<,<?'%;%2542%;$544'%;$'"2:'%;
8: 2%; %D825,<4<;O %< 4% 8%?< $54" 8; (<:%
%D+?;<,B%R
?"?4 ;,<% $% "% <E8% 4U%;< :%"%4;' ;?: 2
"533?4%$%&F%R
)1'8 !";> 7)8"7 7218 6""17$7 7;6 /
200;1"!"#@"R30%?:%8:<,%$U%4<:%
%?D ;% <:5?B% ? 4,B%? $? "%4<:% ?:!,4 %4
!5:$?:%$%2U'<4*$%+?R%?D?<:%;;,<%;
;54<25"2,;';2%254*$%2:5?<%4<,542%iik
<4$,;9?U?4$%:4,%:;,<%%;<25"2,;'?4,B%?
$? $53,4% $% 2 5?9?%<<% ]2,3,<%
"533?42%B%"5?8,4^R
?: 2%; jj ;,<%; :%"%4;';O q ;54< %4 "<,B,<'O o
54< <%:3,4' 2%?: "<,B,<' %< n 54< ?4 '<<
$U5""?8<,54 $%; ;52; ,4"544? ]X4% ;,<
8;Y^R
%;"<,B,<';,4$?;<:,%22%;?<,2,;%4<$%;8:5$?,<;
"+,3,9?%; 85<%4<,%22%3%4< $4*%:%?D 85?:
2U%4B,:544%3%4<R %; 8522?<,54; 85<%4<,%22%;
4% ;54< *'4':2%3%4< 8: ,;;?%; $U"",$%4<;
3,;$?%;?)54"<,544%3%4<$%;,4;<22<,54;
%<<:&;25"2,;'%;R
;,*4,),% ;% $%; 4",%4; ,<%;
4$?;<:,%2; %< "<,B,<'; $% %:B,"%;R %<
,4B%4<,:%+,;<5:,9?%%;<B4<<5?<$%;<,4'?
*:4$8?!2,"O?D45<,:%;O?D3'4*%?:;%<
$5,< ;%:B,: 88:'",%: 2%; %40%?D :%2<,); 2U'<< $U?4 <%::,4 %4 :,;54 $%; "<,B,<'; 9?,
;UE;54<$':5?2'%;R
135
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
68"!"71)"177)8"7)1!;786)"/76$4"6826)$7
7;6/200;1"!"#@"
P296 #F7#"#"211%#7D98#96Q
"77"7!"!211$"7!211"18;1")1!)8)21
7;6 /"7 7)8"7 428"18)"//"0"18 42//;$7 7;6 /
200;1" 5;J)/ 21=)"1!6 !" 46"1!6" "1
2048" !17 /"7 462$!;6"7 !J;61)70"I
K211"18 ;1" )1!)8)21L 6 "//"7 1" 7218
47 82;-2;67 -2;6 "8 6"427"18 46&2)7 7;6
!"7!$/68)217=2/218)6"7I
%; ;,<%; 54< '<' 25"2,;'; $4; 2
3%;?:% $? 85;;,!2%R 5?: l $U%4<:% %?DO 2%;
,4)5:3<,54;$%2!;%$%$544'%;%<
45;:%"+%:"+%;4%45?;54<8;8%:3,;$%2%;
25"2,;%:R 2 ;U*,< $%; ;,<%; ;?,B4<Q
5",'<' 354<*4% 4<5,4%O :<,4 "+R O
5",'<' :%;;52 :4#5,; %< ;5",'<' %40%4
,2,:%R
136
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
6)//"782;87M&)/"77"7M244268;1)8$7M0"1"7H2//;8)217"81;)71"7
)8;8)218;"//"
N
%;B5,%;$%*:4$%",:"?2<,54;?:2"533?4%%4<:,44<
?4%$'*:$<,54$%29?2,<'$%2U,:%<$%;4?,;4"%;;545:%;
d
4;E;<&3%$%"522%"<%$%;$'"+%<;%)),""%3,;B%"$%;
3:*%;$U3'2,5:<,54%<?4%3'2,5:<,54$%;"54$,<,54;$%
B25:,;<,54$%;$'"+%<;"54"+E2,"52%;
5?B%?"%4<:%$%<:,O:'5:*4,;<,54B%4,:
$%2"522%"<%;'2%"<,B%
N
5:<*,;%3%4<$%$'"+%<;%48':,5$%%;<,B2%
?*3%4<<,54$%2858?2<,548:'B5,:
];;5",'%?4%?*3%4<<,54$%;$'"+%<;
8:5$?,<;^
N
k,4;<22<,54;"2;;'%;85?:2U%4B,:544%3%4<;?:2%<%::,<5,:%
N
%;8,";$U5F54%%48':,5$%%;<,B2%2,';?D"54$,<,54;
"2,3<,9?%;%<?D"54$,<,54;$%)5:3<,54$%2U5F54%
N
jj;,<%;85<%4<,%22%3%4<8522?';;?:2"533?4%
"1!1"7
d
<5?<85?:2%
<%::,<5,:%
;,<?<,54,4,<,2%B;%
85?:;?,B:%
5?2%?:B%:<%
%;8%:;8%"<,B%;$U'B52?<,54
;54<85;,<,B%;
N
,!2%;;%85?:2%
<%::,<5,:%
;,<?<,54,4,<,2%B
:2%4<,:5?;U,4B%:;%:
5?2%?::5?*%
%;8%:;8%"<,B%;$U'B52?<,54
;54<4'*<,B%;
137
5!,4b:!544%?Z"5B,Z3,%4?:E
H"4?7'"
:'/#+(''&'- )1,!+ - ,('
/(%.-#('
1"=)7)21!2;/"!;4?7'"
% <%::,<5,:% $% &F% ;U'<%4$ ;?: ?4 *:4$ 824
,4"2,4'45:$[5?%;<Z;?$[%;<),4,;;4<$4;2%!;;,4
$%+?R
% :62% ,4)2?4< 05?' 8: 2% :%2,%) $544% 2
35:8+525*,% 25"2% :';?2<4<% ?4% <E8525*,%
$,%:;,),'%$U5""?8<,54$?<%::,<5,:%R4:%<:5?B%:
$%;+!,<?$%;$U5:*4,;<,542,'%;2"54),*?:<,54
;8<,2% %< 2U88:'+%4;,54 9?U,2 %4 %;< ),<% Q
%;8"% "522,4'%4 )%:3' %< $,)),",2% B25:,;%: %4
"54<,4?O'<%4$?%$U%?2,!:%:'*,%8:?4%4;%3!2%
$% :&*2%; $U5:*4,;<,54 %< $% *%;<,54 %4 ;54< $%;
%D%382%;R
%$'"5?8*%*'5*:8+,9?%$%2U%;8"%"533?42
%49?<:%*:4$;%4;%3!2%;$,;<,4"<;;U5?B:4<;?:
2<%::%5?;?:2%2,<<5:2354<:%25:;?4<%::,<5,:%
),< $% "54<:;<%; 3:9?'; 5@ %;8"%; "522,4'%4;O
82,4%2,<<5:2%O:,B*%%<'<4*$%+?O%4;54<2%;
:%8:';%4<<,54;;?""%;;,B%;R
"76"/)"&72//)1$"17!;126!
:9?4<; 2% 45:$ $% 2 "533?4%O 2%; :%2,%);O
"54;<,<?'; $U'3%:*%4"%; "2",:%; ?<5?:
$%;9?%22%; ;U5:*4,;% ?4 <%::,<5,:% $% 852E"?2<?:%
]"':'2%; %< B,*4%;^ $4; 2%; $'8:%;;,54; %< ;?:
B%:;4<;O )5:3%4< ?4% ,:% *'5*:8+,9?%
+535*'4%R
%<<%
$%:4,&:%
)54"<,544%
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
,4$'8%4$3%4< ": !;'% ;?: ?4
35$% $U5:*4,;<,54 2,' 2 <%::%O
?3;O2U"<,B,<'*:,"52%R
U%;<2U%;8"%$%;+?<%;<%::%;O2%
B,;*%$%2U::,&:%8E;'F5,;R
4/)1"/)8826/"
: "54<:;<% 2%; %;8"%; ;?$
8:5"+%; $? 2,<<5:2O )5:34< ?4%
,:%:%2<,B%3%4<824%O8:)5,;
"522,4'%4% 2U5?%;<O ;54< $%;
%;8"%;82?;B:,';$4;2%?:
"5385;,<,54
8E;*&:%
!,%4
9?U'<4< 8%? 5? 8; ;5?3,; 2U,4)2?%4"% $% 2 <585*:8+,%R 4
"%:<,4 453!:% $% )"<%?:;
%D5*&4%;O 45<33%4< 2 $'8:,;%
$%2U"<,B,<'*:,"52%O2UB4"'%$%;
%;8"%; ?:!4,;'; %< $U"<,B,<'; ]
8:5D,3,<',33'$,<%$%2B,22%^O2
):"<?:% $% 2U?<5:5?<% qO 2
8:';%4"%
$U?4%
$,B%:;,<'
$U5""?8<,54; $? ;52O ;54< 2U5:,*,4%$?8E;*%"<?%2R
U%))"%3%4<$?:%2,%)5?8%?<[(<:%
2% :62% X$U::,&:% "5?:Y ?:!,4%
05?' 8: "%; %;8"%; "%:<,4;
'*:$;O2%;54<)5:<%3%4<3:9?';
$4;2%?:)5:3<,54R
68#"96#/*#'#8
"#7#74 #7 217869*87
138
5!,4b:!544%?Z"5B,Z3,%4?:E
"6)='"
):4*% X2,<<5:2%Y %;< ?4% 54$?2<,54 $? :%2,%)
8:)5,; )2%?: $U'<4*O 8:)5,; %4 ;,<?<,54 $%
X"5:4,"+%Y5?8:5354<5,:%R
%B,%?D"%4<:%!5?:*$53,44<2U'<4*$%<+?O2%;
3;8%:"+';?25,4OB,%44%4<854"<?%:2%<:,<$%
"6<% 2U,4B%:;% $%; %;8"%; $% 25,;,:; 8:5"+%; $%
2U%?%<82?;$,;":%<;R
J$81'
U%;< ?4% ,33%4;% '<%4$?% $U%? B5?'% 2U"<,B,<' '"5453,9?%Q 5;<:',"?2<?:% %< 25,;,:;R
U%;< ?;;, 2U,33%4;% <<:,< $? 8E;*% 25"2O 2
B,<:,4% "533%:",2%O 2 X":<% 85;<2%Y ;?: )54$
$%54<,4<2,:9?%"+"?4:%<,%4<%<%385:<%
"+%F2?,R
%$5?!2%B,;*%%;<8:5)54$'3%4<::,3'?8E;
$%;"522,4%;%<$%;!5,;85?:2U?4O%<85?:2U?<:%?
:,B*%3'$,<%::4'%4R
&#%%! /##+ +,.%-'- :.'
(.)-#(' #'.-++#-(#+8
"7>"70-";67786;8;6187
%3,22*%B,,:%:'B&2%?4%:3<?:%+,%:"+,;'%
%<"%4<:2,;'%
$4; 2 $'"2,4,;54 $%; B5,%; ;?885:< $? <:4;,<
<%22%;9?%2Uq%<2U4",%44%4<,542%iikO0?;9?U
?4 %4;%3!2% $% B5,%; ;%"54$,:%; %< $% "+%3,4;
B,",4?D ;?885:< $% 2 $%;;%:<% ),4% $%; %;8"%;
"54;<:?,<;%<*:,"52%;R
U5:*4,;<,54
B,,:%
"%4<:2,;'%
:%4B,%4<
;E;<'3<,9?%3%4< B%:; 2% "%4<:% ?:!,4O %< :'B&2%
8:"54;'9?%4<2%;2,3,<%;$U?4<%23,22*%25:;9?%
<:4;,<O $%;;%:<% 25"2% %< B,% ?:!,4%
;U%4<:%3(2%4<0?;9?`$%B%4,:,4"538<,!2%;R
U,38"< ;?: 2% 8E;*%O !,%4 ),!2%O "54"%:44< 2
*25!2,<' $? :';%?O %;< %4
:%B4"+% B,;,!2% 25:;9?% 2Uq
%4$,*?'%;<;5?:"%$%$,;"54<,4?,<'
%4<:%2%;<%::,<5,:%;5:$%<?$R
%<<% $,;"54<,4?,<' 8%?<[%22% (<:%
B?% "533% ?4 )"<%?: 2,3,<4< %<
$? "5?8 $% 8:';%:B<,54 $%
2U%4;%3!2% *:,"52% %< "522,4,:%
5:$N%?<[(<:%O%<"%2E8:,<R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
68#"96%7#9;**6#G
16$7";=))6"&)1"0"180)//$
139
5!,4b:!544%?Z"5B,Z3,%4?:E
: ,22%?:;O 2% :';%? $% B5,%; 8:"5?:4< 2%;
%;8"%; 8':,?:!,4; %< *:,"52%; %;< %D<:&3%3%4<
!,%4 3,22'R 2 %;< ,;' $% 8:"5?:,: 2 "533?4%
B%" ?4 "%:<,4 453!:% $U,<,4':,:%; 85;;,!2%;O
32*:' 2%; 453!:%?;%; ,38;;%; $4; 2%;
25<,;;%3%4<;R 2 E $54" ?4% $,B%:;,<' $U58<,54 $%
:2,%: $,B%:; 85,4<; $% <%::,<5,:% )",2,<4<
2U""%;;,!,2,<' ?D "+38; %< )5?:4,;;4< ?4
)5:3,$!2% ;?885:< $U,4B%;<,*<,54 %< $%
B25:,;<,54 ] <,<:% $% 25,;,:^ $% 2U%;8"%
"533?42R
"8",<'$%B,;?2,;<,54$U?4<%::,<5,:%:%;<%?4
<5?<"54;,$':!2%<4<9?%"%$%:4,%:85;;'$%$%;
9?2,<';8E;*&:%;RU%;<2%";R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
140
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
:'/#+(''&'- /!-%7 '-+
'-.+-.%-.+8
% 8E;*% *:,"52% $% &F% %;< :%2<,B%3%4<
?4,)5:3% %4 <%:3% $% :'8:<,<,54 $%; "?2<?:%;R
U%D825,<<,54 $? ;52 E %;< 8:%;9?% <5<2% 2,;;4<
9?%29?%; )5:(< ;?: 2%; <%::%; ,4*:<%;
]))2%?:%3%4<; :5"+%?D Z 8,4&$%;^ %< ?4%
B'*'<<,54 $% 3,2,%? +?3,$% 2% 254* $%; "5?:;
$U%?O $4; 2%; )54$; +?3,$%; %< 2U88:5"+% $%
2U'<4*R
"7"74"7'6)2/"7
2; "5::%;854$%4< 2U%D<:'3,<' 5"",$%4<2% $?
B,*45!2% $%; 522,4%; $% 2 5?:% O ?D <%::%;
*:,"52%; 8:5"+%; $% 2 3%: ]"?2<?:%; 3:,"+&:%;
%<"%:'2,&:%;^R
"7"74"7"1&6)("7
):,"+% 5""?8% $% 34,&:% ;,*4,),"<,B% 2
8':,8+':,% $%; %;8"%; ?:!,4;O <5?< ?4 %;8"%
"54<%4? %4<:% 2% 5?::% 24" %< 2 ;<<,54 $%
2*?4*%O?4B;<%%;8"%8:,;%4<:%2U?<5:5?<%%<
2%;%;8"%;?:!,4;5:$R
U!;%4"% $% *:4$; 3; %< 2U,4)2?%4"% $% 2 B,22%
;?: ; 8:5"+% 8':,8+':,%O 2 $,)),"?2<' $%
B25:,;<,54 $% <%::%; ,38:58:%; 2 3,;% %4
"?2<?:%;%3!2%%4(<:%2"?;%R
68#"#/I2 948*21
;%(%8/#"#772/7
141
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
"7"74"7K18;6"/7L
%; %;8"%; 4<?:%2; 9?2,),%4< B%" )5:"% 2U%4<:'%
;< $% 2 B,22% 25:; $? ):4"+,;;%3%4< $% 2
"54)2?%4"%$%;:?,;;%?D$?%;9?,%:%<22;R
% <%::,<5,:% 5:$ 8:585;% ?4 $'"5?8*% $%;
%;8"%; *:,"52%; 5@ 2%; "?2<?:%; $% 2 B,*4% %<
"?2<?:%; $% 82%,4; "+38; ;U,4<%:"2%4< %4<:% 2%
:%2,%) $% !::%; "2",:%; "5,))4< 2%; ":(<%;R U%;<
$54" ?4 %4;%3!2% B'*'<2 :%3:9?!2% ;%;
!5,;%3%4<; X4<?:%2;Y ;",4$4< :'*?2,&:%3%4< 2%
8E;*%R
68#"#/;%(%88*21
J1896#//#KG
142
5!,4b:!544%?Z"5B,Z3,%4?:E
,.'#-,)1,!+,7%,,#%"(.--,
-%,/.,8
"7"18)8$74?7'#6"7H
%; %4<,<'; 8E;*&:%; $% &F% ;54< "2,:%3%4<
,$%4<,),!2%;R 22%; <:5?B%4< 2%?: )54$%3%4< $4;
2%; $,B%:; 3'"4,;3%; 9?, ;54< 2U5:,*,4% $% 2
<:4;)5:3<,54 $%; %;8"%; "533?4?D <%2; 9?%
2U'"5453,%25"2%$?<5?:,;3%%<$%2U5;<:',"?2<?:%O
2%; <%"+4,9?%; $% B25:,;<,54 $%; <%::%; *:,"52%;O
2%; ;8%"<; ;5",?D 2,'; ? <E8% $% 858?2<,54O 2
B5254<' %< 2%; "+5,D 852,<,9?%;O 2%; )"<%?:;
%D5*&4%; 82?; B;<%; <%2; 9?% 2%; *:4$; ;"+'3;
$U5:,%4<<,54; %<$%824,),"<,54; <%::,<5:,2%;R%;
)"<%?:;;54<2,';2U533%RU?<:%;3'"4,;3%;
4<?:%2; ;54< %?D ?;;, 2U5:,*,4% $% 2 )53<,54
$%; 8E;*%; %< ;54< 2% ;?885:< $? 8E;*%R 2 E $54" ":5,;%3%4< $%; )"<%?:; %< 3'"4,;3%;
4<?:%2; %< +?3,4;O %< 454 ?4 ;%?2 $'<%:3,4,;3%
4<?:%2O:'$?"<%?:O9?,%;<2U5:,*,4%$%;8E;*%;R
%;o%4<,<';8E;*&:%;$%&F%9?%45?;B54;
3,;%; %4 %D%:*?% ;% $,;<,4*?%4< $4; 2%?:;
8+E;,5453,%;%<88:<%44"%;$%;3'"4,;3%;
8:58:%;9?,2%;))%"<%4<Q
y2%;+?<%;<%::%;
y2%B,*45!2%$%;!;;%;<%::%;
y2"6<%%4):,"+%
y2"?B%<<%$?%;9?,%:
y2%;:?,;;%?
y2%B,22%82?:,%22%
y2U'<4*$%+?R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
68#"#7]#18*8%7
4>7($6#7KG
143
5!,4b:!544%?Z"5B,Z3,%4?:E
"7 (;8"7 8"66"7H /"7 2//)1"7 '6)2/"7G ;1
($6)8'""10;88)21
U%4<,<'$%;522,4%;*:,"52%;:%*:5?8%2U%4;%3!2%
$%; <%::%; ;,<?'%; ?[$%2 $% 2U?<5:5?<% qR U%;<
?4 %;8"% $U?4% *:4$% +535*'4',<' 8E;*&:%
":"5385;'$%!5,;%3%4<;:'8'<,<,);$%":(<%O$%
"+38; $% "':'2%; %< $% 8:"%22%; %4 B,*4%;
":"<':,;4< 2% B,*45!2% $% 5?:%R %<<%
;<:?"<?:% 8E;*&:% %;< $U,22%?:; !,%4 2,;,!2%O
8:,;;4< ;E;<'3<,9?%3%4< :%8:5$?,<% $4; 2%
B2254;?,B4<Q:?,;;%?["+38[!5,;[3;%<"S
U%;< ?;;, 2% <%::,<5,:% $%; 3; ?D $,3%4;,54;
,385;4<%; %< $% )"<?:% :"+,<%"<?:2% ;,3,2,:%Q
:'8:<,<,54 $%; ! <,3%4<; ?<5?: $U?4% "5?:
,4<':,%?:%2U!:,;$%;B%4<):5,$;R
U?<+%4<,",<' *:,"52% $% "% 8E;*%O ?<:%)5,;
8E;*% $% 2 B,*4%O ;%3!2% $,;8:,<:% ? 8:5),<
$%8:5$?"<,54;"':'2,&:%;:%382#4<28':'4,<'
$? ;E;<&3% "?2<?:2 B,<,"52% 8: ?4 X8<"+C5:1Y
$%"?2<?:%;0?D<85;'%;R]0%?$%;;?!B%4<,54;^
U2<%:44"% 4U%4<3% %4 :,%4 2 !%?<' $% 2
"38*4% "<?%22%P ;%?2; 2%; '9?,8%3%4<;O 2%;
! <,3%4<; $U"<,B,<'; +5:; $U'"+%22% 85;%4< 2
9?%;<,54$%2%?:3,4<,%4%<Z5?:%"54B%:;,54%<$%
24'"%;;,:%,4<'*:<,54$%;"54;<:?"<,54;)?<?:%;R
4 8E;*% <E8,9?%3%4< 3':,$,542 %< $4; <5?;
2%;";:%8:';%4<<,)85?:35,<'$%2"533?4%$%
&F%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
68#"#7 2//*1#7(6* 2/#7
144
5!,4b:!544%?Z"5B,Z3,%4?:E
" =)'12/" !"7 77"7 8"66"7G / 5;"78)21 !;
=)'12/""8!"7210)18)"1
%; !;;%; <%::%; :%8:';%4<%4< ?4% %4<,<'
":"<':,;'% 8: ?4% $53,44"% $? B,*45!2% %4
!5:$ $U'<4*R %8%4$4<O 2%; "?2<?:%; 3:,"+&:%;
%<
"?2<?:%;
"':'2,&:%;
;U,4<%:"2%4<
8:5*:%;;,B%3%4< ;?: $%; <%::,4; $% 82?; %4 82?;
B;<%;R
%2 ;5?2&B% 2 9?%;<,54 $% 2 8':%44,<' $?
B,*45!2%%<$%;"8",<'B'+,"?2%:?4%B2%?:
$U?;*%O$%B%4,:X 8<:,35,4% Y 8%?<[(<:%R
%2 :%;<% ?4 8E;*% "+<5E4< %< 54$?2'O
854"<?' ? $'<5?: $%; "+%3,4; 5? ;?: ?4%
+?<%?:O $% *:5; 3; %4<5?:'; $% 2%?: !5,; $%
8,4;R %; B?%; ;?: 2 3%: ;54< !%22%; 25:;9?% 2%;
<%::%; O 45<33%4< 8:5D,3,<' $% %22%B?% ;%
:'+?;;%4<O%4<5?:'%;$%2%?:;"+38;OB%:*%:;%<
52,B%:,%;R %8?,; 2 miO :5?<% <5?:,;<,9?% %4
3:*% $% 2U%4<,<' ,2 %;< *:'!2% $U5!;%:B%: "%<<%
"38*4% 9?% 2U54 8%:#5,< $'0 %4 %38:?4<4<
2U4",%44%4<,5442%%4;5:<4<$%&F%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
18*8%74>7($6#7"9
;*(12/#"#777#7
#66#7G
145
5!,4b:!544%?Z"5B,Z3,%4?:E
38" "1 &6)("G ;1 "74" "1 /"18"
8617&2608)21
U%4<,<' "6<% %4 ):,"+%; $%8?,; 2% 5?::% 24"
0?;9?` 2U4;% $% 2 549?% :%*:5?8% $,B%:; 3,":5
8E;*%;,3!:,9?';%<8:5"+%;$%2U'<4*$%+?R
% 8E;*% $% X)#$% 3:,<,3%Y ?D ;8%"<;
B:,';O %;< !;' 85?: 8:<,% ;?: 2U%"5453,% $%
2U'<4*O 9?%29?% %;8"%; 2,!:%; X4<?:%2;Y %< $%;
<%::%; *:,"52%; 82?; 5? 35,4; 3,4<%4?%; %4
"?2<?:%R
E;*%%4):,"+%O%4$%B%4,:%49?%29?%;5:<%":
85;;'$4< ?4 85<%4<,%2 $% "54B%:;,54 )5:3,$!2%
85?: :%)5:3%: ?4 :,B*% $U'<4* ""%;;,!2% %<
<<:"<,)R
"70)624?7'"7H
y 2% 85:< $? 5?::% 24"O %;< ?4% B':<,<!2%
,4$?;<:,% $% <:4;)5:3<,54 $%; 8:5$?,<;
"54"+E2,"52%;R %; !:9?%3%4<; !:,<4< 2%;
"+,4%; 3'"4,;'%; $544%4< B5,: ?4 8E;*%
85:<?,:%<5?<),<;,4*?2,%:R
y 2%; "54;<:?"<,54; %< 254*; 854<54; $% 2U"<,B,<'
5;<:',"52% 02544%4< ?4% 8:< $% 2 ):4*% 2,<<5:2%
$? 5?::% 24" ?D 35?<5?;R U%;< ?4 8E;*%
3(2' $U"<,B,<';O 85?: 2 82?8:< 2U::(<O $%
! <,3%4<; $'*:$'; 8: 353%4<;O $% ):,"+%; %<
B'*'<<,54 4<?:%22% **44< 2%; ;?:)"%; %4
!5:$?:%$U'<4*R
y 2 X!,% $% 549?%YO 8E;*% $% F54%
+?3,$% "+85<' 8: 2 ;<<,54 2*?4,:%O 2%;
4",%4; ;2,4;O 2%; F54%; $% 8:'; ;2'; %< 2%;
;4;5?,:%;R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
18*8%74>7($6#7"#/
38##1'6* )#G
146
5!,4b:!544%?Z"5B,Z3,%4?:E
;="88" !; "75;)"6 G ;1" "74" &268
428"18)"/
U%4<,<'%;9?,%:%;<3:9?'%8:;"54),*?:<,54
;8<,2% %4 $%8:%;;,54 5? "?B%<<% 05?D<4< 2 B,22%
$%&F%$4;;8:<,%45:$R
U%;< ?4 %;8"% "5382%D% $4; ;54 5:*4,;<,54
,4<%:4%":Q
y :%"%8<"2% $%; %?D $% :?,;;%22%3%4<O $U5@ 2
":'<,54$U?4824$U%?$%25,;,:;
y2,%?$U,3824<<,54$U'9?,8%3%4<;;85:<,);
yF54%$U+!,<<
y%;8"%"25;$%;;%:B,<8:$%;B5,%;,3824<'%;%4
3:*%$%2U%4<,<'R
U%;<?;;,2U::,&:%["5?:$%2B,22%8:"54;'9?%4<
?4 %;8"% 8:,B,2'*,' $% $%4;,),"<,54 ?:!,4% ;?:
$%; <%::%; %4 ):,"+%; 5? 85?: 2 82?8:< $,)),",2%; B25:,;%:R
B'*'<<,54 E %;< $54" 8:<,9?%3%4< !;%4<% %<
;4;,4<%:(<)25:,;<,9?%O2%;B?%;;?:2B,22%%<;?:2%
2"$?%;9?,%:;54<8:';%:B%:R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
U%;<?4%;8"%?48%?X%4<<%4<%YO5@2U54
:%;;%4< 9?% 8: ;*%;;%O 2U?:!4,;<,54
*2584<%;U%4%;<$'<5?:4'%R
18*8%74>7($6#7"9
#759*#67G
147
5!,4b:!544%?Z"5B,Z3,%4?:E
"76;)77";>G;1""186$"!"=)//"K7;='"L
:9?4< B%" )5:"% 2U%4<:'% %;< $% B,22% $% &F%
,4;, 9?% <5?<% 2 ):4*% ;< "533?42% ]%4<:'%
5:$[;< 8: 2 mp^O "%<<% %4<,<' 8E;*&:%
"+38(<:% %;< "5385;'% %;;%4<,%22%3%4< $%
!5,;%3%4<;$%)%?,22?;$%!5:$;$%"5?:;$U%?R
,!:%O %4 2,%4 B%" 2U'<4* %< ?D 22?:%; ;?B*%;O
%22%:%;<%?4'2'3%4<8+:%$?<%::,<5,:%25:;9?U54
%4<:%$4;&F%8:2%854<$U%4<:'%$%B,22%R
U%;< B4< <5?< ?4% %4<,<' $U%4<:'% %4 3<,&:%
$4; 2U?:!,4 )5:<%3%4< 3:9?'% 8: ?4 8E;*%
$% 3,2,%? +?3,$%O 8:';%4<4< ?4% ;'9?%4"%
8E;*&:%$%*:4$%9?2,<'R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
18*8%74>7($6#7"9
9*77#9G
148
5!,4b:!544%?Z"5B,Z3,%4?:E
=)//"4/;6)"//"
B,$%33%4< 82?:,%22%O &F% %;< ?4% B,22% ! <,%
8:5"+%$%2U'<4*$%+?$4;2%;8:%3,%:;<%38;
9?, "5254,;% 2U%4;%3!2% $? 3;;,) B%:; 2% 45:$ %<
2U5?%;<R
U%;< ?4 ?:!4,;3% ),< $U?4% ;?""%;;,54 $% ;<E2%;
?:!,4; ? ),2 $%; '859?%;P "54;<:?"<,54;
!24',:%;$'B%2588'%;;?:2%:,B*%O"54;<:?"<,54;
:';,$%4<,%22%; ;?: <5?<% 2 ):4*% 45:$ %< 5?%;<O
)#$% 3:,<,3% B5?'% ? <5?:,;3%O :,"+% %<
"5385;,<%R
62)772;7"18)8$772186"065;/"7H
y % 45E? ?:!,4 :%;<4< 8,<<5:%;9?% %< 4,3'O
)5:34<?4*2",;"54;<:?,<+535*&4%RU%4;%3!2%
$%; '2'3%4<; :%3:9?!2%; %< <<:"<,); ;54<
"54<%4?; $4; "%< %;8"% ;5,< ? ;%,4 $% 2U%;8"%
?:!,4 5? :%0%<'; %4 )#$% 3:,<,3%Q 82"%
"%4<:2% ),;4< 5)),"% $% )5,:,2 %< $% 82"% $?
3:"+'O 85:< $% 82,;4"% %< :%;<?:<,54O 85:< $%
8("+%?:;O$3,4,;<:<,54;8:%D%382%R
y 8:<,% "54;<:?,<% 5:$ %< ?%;< :';,$%4<,%22%
$'825E4< ;54 ;"+'3 +!,<?%2 $% B5,%;
2!E:,4<+,9?%; %< $U%4;%3!2%; 8B,22544,:%;
:"+,<%"<?:2%3%4<3'$,5":%;R
y )#$% X3:,<,3%Y 8:<,9?%3%4<
%D"2?;,B%3%4< $'$,'% ?D "<,B,<'; 2,'%; 2U'<4*Q
82*%; %4 B,22%O "38,4*O 85:<;O '9?,8%3%4<;
;85:<,);O ",:"?2<,54; 3?2<,35$2%;O 8:53%4$%;
"6<,&:%;O:%;<?:<,54%<"R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
18*8%74>7($6#7"#
/;*//#J4/96*#//#KG
149
5!,4b:!544%?Z"5B,Z3,%4?:E
; , -#(', )+,+/-#(' - )+(&(-#('
I : U
U<2; $%; 8E;*%; '<!2, 8: 2 4*?%$5" \ 5?;;,2254 $'),4,< ;,D *:4$%;
"<'*5:,%;$%8E;*%85?:2%$'8:<%3%4<$%
2U':?2<R % <%::,<5,:% "533?42 $% &F%
88:<,%4<?8E;*%$?X,<<5:2%<$%;%;
'<4*;YR
"4?7'"!;K )8826/"8!"7$81'7 L
% 8E;*% 2,<<5:2 ;U5:*4,;% %4 9?<:%
%4;%3!2%;8E;*%:;$,;<,4"<;Q
" /21' /)8826/ 5;) 2;68 !; 6;N!;N2)
P6!Q M 61!" 288" P
$6;/8Q -;75;J
6218)'117;6;1"5;618)1"!".)/20#86"7
"5385;' 8:,4",82%3%4< $U'<4*; ;?""%;;,);O
;'8:'; 2%; ?4; $%; ?<:%; 8: $%; :5?<%;
$U""&; ? !5:$ $% 3%: 5? 8: 2% "42 $?
+64% &<% 9?, 2%; <:B%:;%R 4 3,4"% %<
):*,2% "5:$54 ;!2%?D [ 5? 2,$5 [ %;< %4 8:<,
?:!4,;' %4 ;<<,54; !24',:%;Q :4$%
5<<%O :454O 2B;[2%;[25<;O ?:<,%: $?
:?O:54<,*442*%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
" /)8826/ !; 4 !J'!" /67N/'"O ;%
$,;<,4*?4< $%; ?<:%; %4;%3!2%; 8:
2U!;%4"% $U'<4*; :%382"'; %4 "%:<,4;
85,4<; 8: $%; F54%; +?3,$%;O ?4%
?:!4,;<,54 82?; 8:';%4<% 8: *$% %< ;54
$'B%2588%3%4< !24',:%R 354<*4% $% 2
:$,52%O 3;;,) "2",:% 2254*' 9?, )5:3%
2U+5:,F54 $? 2,<<5:2 %4<:% :54<,*44 %<
,22%4%?B%[2&;[*?%254%R
" /)8826/ !; 77)1 !" (; $54< 2 B;<%
<,22% $% 2U'<4*O B':,<!2% 8%<,<% 3%:
,4<':,%?:% %;< )B5:!2% 2 )5,; ?D "?2<?:%;
3:,4%; ]+?-<:% $% 5?F,*?%;O 35?2%;^O 2
B5,2% %< ?D 25,;,:; !24',:%;R 8:';%4"%
3:9?4<% $? 54< ,4<[2,: 2`%;<
""?%,224< 2% $'B%2588%3%4< ?:!,4 $% &<%
%< 2% 54< ,4<[5?8 2`5?%;<O 3:9?%4< 2%
8E;*% $% 2%?:; ;,2+5?%<<%; ::54$,%;R +?O
150
5!,4b:!544%?Z"5B,Z3,%4?:E
;`2254*%;?:82?;$%jh1385?:o$`'8,;;%?:O
%;<8:5<'*'$%2'$,<%::4'%8:?42,$5
'8,;O "?2<,B' %4 B,*4%;O %< ;?: 2%9?%2 8;;%4<
2 iij %< 2 B5,% $% "+%3,4 $% )%:R 6<'
<%::%O 2`?<5:5?<% q 8;;% 9?%29?%;
1,253&<:%; $% ; !5:$?:%O 2% 8:';%:B4< $?
<:)," $% <:4;,< 2% 82?; ,385:<4<R B5:!2%
? $'B%2588%3%4< $U"<,B,<'; '"5453,9?%;O 282,;4"%O2!,*4$%%<2`?:!4,;<,54O,2
!'4'),",% $? 8:%3,%: "+'3 $% 3,;% %4
B2%?:$%23%:3,;%47?B:%%4:4"%85?:
5:*4,;%: 2% 8:<*% $%; ?;*%; $4; 2`%;8"%
%<$4;2%<%38;R
Q
6"211)771"!;4?7'"!"7$81'7
%; '<4*; 5)):%4< $%; 8E;*%;O $%; 3,2,%?DO
$%;2?3,&:%;O$%*:4$%9?2,<'R4$%;%40%?D
2%; 82?; )5:<; $? 2,<<5:2 <,%4< $4; 2
:%"544,;;4"%$%2%?:B2%?:O%48:<4<2
:%"549?(<%9?2,<<,B%$%"%;8:'",%?D3,2,%?D
+?3,$%;R
"63/"46)026!)/!;=$'$8/
%:%4)5:"%3%4<%<2":'<,54$?<,;;?B'*'<2
$%2U?:!4,;3%!24',:%88:,;;%4<"533%
?4 %40%? )5:< 85?: 2% 2,<<5:2 +':?2<,;R U%;<
8:<,"?2,&:%3%4< B:, 85?: 2%; <:4;,<,54;O ;?:
2%;
3:*%;
$%
2U?:!4,;<,54O
%4
""538*4%3%4< $%; B5,:,%; 8:,4",82%; 3,;
?;;, ? "54<"< $%; %;8"%; $% 4<?:%Q 3%:O
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
'<4*;O"5?8?:%;$U?:!4,;<,54R%;%40%?D$%
B25:,;<,54 %< $% 3,4<,%4 $? B'*'<2
"54"%:4%4< 2%; ;<:?"<?:%; B'*'<2%;
"5385;4< 2%; 8E;*%; 2,<<5:?DR %;
;<:?"<?:%;B'*'<2%;;54<2)5,;%;<+'<,9?%;O
B5"<,54 ;5",2%O '"525*,9?%; %<
"E4'*'<,9?%;O<%"+4,9?%;%<'"5453,9?%;R
;<+'<,9?%;Q '2'3%4<; $% :%8&:%O 8:5)54$%?:
$% B?%;O ""538*4%3%4< $% 8<:,35,4%
"?2<?:%2 "54;<:?,<O :!:%; ,;52'; X;,*4?DYO
!5;9?%<; %< !5,;O +,%;O 2,*4%3%4<; $U:!:%;
?<5?: $%; B5,%;O :,8,;E2B%; ?<5?: $%; "5?:;
$U%?O!5,;%3%4<;%<8:"?<5?:$%;3;)54<
8:<,% $%; '2'3%4<; 9?, ;<:?"<?:%4< %<
B25:,;%4<2%;8E;*%;$%&F%R
2%?: "54<"< $,:%"<O 9?U,2; ;5,%4< 3:,;O
82*%;O $?4%; 5? !5,;O "54$?,< ?4% ,4<%4;%
):'9?%4<<,54R %<<% ;?: ):'9?%4<<,54 ;%
<:$?,<8:?4;8%"<8%?B%44<$%;%;8"%;
8?!2,";
$U""?%,2
]3'4*%3%4<;
%D"%;;,B%3%4< :5?<,%:; %< 3,4':2,;'; $%;
!5:$;$%;:5?<%;%<$%;8:1,4*;^%<8:?4%
):*,2,;<,54 $%; 3,2,%?D 9?, 8%?< "54$?,:% ?4% ""'2':<,54 $% 2U':5;,54R ,4;,
?05?:$U+?,O 2 :%"549?(<% 9?2,<<,B% $%
2U""?%,2 $? 8?!2," 88:-< "533% ?4 %40%?
)5:< $? 2,<<5:2R 22% 8%?< "54$?,:% ?4
:%85;,<,544%3%4< %< ?4% :%$,;<:,!?<,54
"5382%<; $%; ;<<,544%3%4<; %< $%;
",:"?2<,54;R
"72;4;6"7!J;61)78)21
5",2%;Q 2,%?D $U53!:*% %< 2,%?D $%
8:53%4$%8:<,",84<2B,%25"2%R
"525*,9?%%<"E4'*'<,9?%Q$,B%:;,),"<,54$%;
3,2,%?D%<$%;+!,<<;R
%"+4,9?%; %< '"5453,9?%;Q 8:5<%"<,54 $%;
;52;%<$%;"?2<?:%;"54<:%2U':5;,54%<2%B%4<O
B25:,;<,54$%;8:5$?,<;,;;?;$%;824<<,54;
B25:,;<,54<5?:,;<,9?%$%;%;8"%;3'4*';
%4"5382'3%4<$?2,<<5:2<5?<8:5"+%OS
'"78)21!"/J;")/!;4;/)
% 8;;*% $%; :5?<%; %< 2 ":'<,54 $%
;<<,544%3%4<;$4;2%;%;8"%;$%4<?:%5?
U?:!4,;<,54 $? 2,$5O !,%4 9?% 8:'B?% %4
?4,<'; $% $'B%2588%3%4< $,;<,4"<%; 2%; ?4%;
$%; ?<:%; ? "+'3 $U3'4*%3%4< $?
2,<<5:2 4*?%$5",%4O ;U%;< 4'"%;;,:%3%4<
"54":'<,;'%$%)#542,4',:%O2%254*$%23%:
%4 ;?,B4< 2% "5:$54 ;!2%?DR %; "5?8?:%;
$U?:!4,;<,54O 9?U,2 B?< 3,%?D 9?2,),%: $U
X%;8"%; $% :%;8,:<,54YO ;U%4 <:5?B%4< $%
),<):*,2,;'%;R%;%;8"%;$%:%;8,:<,54;54<
85?:<4< %;;%4<,%2; ? $'B%2588%3%4<
'9?,2,!:' $% 2 "6<% %4<:% %;8"%; ?:!,4; %<
%;8"%;$%4<?:%R
151
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
"7 42)187 !" =;" 6"065;/"7 !; '61!
4?7'"
152
5!,4b:!544%?Z"5B,Z3,%4?:E
%; 85,4<; $% B?% :%3:9?!2%; $? *:4$
8E;*%O "64%; $% B?% :%8:';%4<<,); $?
<%::,<5,:% "533?42 $% &F%O ;% $,;<,4*?%4<
%4k*:4$;%4;%3!2%;Q
y2)#$%3:,<,3%$%&F%
"64%;$%B?%i[j[k[l[m
y2%:,B*%$%2U'<4*$%+?
64%;$%B?%n[o[p[q[ih
y2%;8E;*%;*:,"52%;$%;%;8"%;"522,4'%4;
64%;$%B?%ii[ij[ik[il[im
%; *:4$; 8E;*%; 54< ?4% B2%?:
B%:4"?2,:%O 8<:,354,2%O %;<+'<,9?% %<
$'8;;%4<<:&;2:*%3%4<2%"$:%$?<%::,<5,:%
"533?42 45<33%4< $4; 2 8%:"%8<,54 $?
54< ,4< 2,: 3:9?4< B%" )5:"% 2%
25,4<,4R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
153
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
154
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
155
5!,4b:!544%?Z"5B,Z3,%4?:E
H"7"74"7()8$7
; , /(%.-#(', - -+', (+&-#(',
.+#',
?:4< ;54 +,;<5,:%O &F% 'B52?' ? ),2 $%;
'B'4%3%4<;+,;<5:,9?%;O;5,<$4;2U%D84;,54O;5,<
$4; 2 8%:<% $U+!,<4<; %< 2 :'"%;;,54
'"5453,9?%5?,4$?;<:,%22%R]")+,;<5:,9?%^
,;*25!2%3%4<O?),2$?<%38;O2B,22%4U"%;;'
$% ;% $'B%2588%:O %< 2U?:!4,;<,54 $% 8:5*:%;;%:
;5,< ;?: 2%; %;8"%; *:,"52%;O ;5,< ;?: 2%; %;8"%;
4<?:%2;R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
5?; :%<,%4$:54; k *:4$%; '<8%; $% 2U'B52?<,54
$% 2U?:!4,;<,54 3'F5,;%O 3:9?'%; 8: $%;
":"<':,;<,9?%; ?:!,4%; %< :"+,<%"<?:2%;
8:58:%;]<E8525*,%;Z<,;;?^Q
iR % 2U4<,9?,<' 2 %4,;;4"% y ?4 <,;;?
$%4;%%4"%:"2'8:$%;:%38:<;O
jR %2%4,;;4"%?$'!?<$?d;,&"2%y
?4 <,;;? 5:$5444"' %< )54"<,544%2O 2%;
)?!5?:*;B,*4%:54;%<!5?:*%5,;O
kR ? $'!?< $? d ;,&"2% ? $'!?< $? d
;,&"2% y ?4 <,;;? '<2' 3:9?' 8: 2
8:52,)':<,548B,22544,:%R
156
5!,4b:!544%?Z"5B,Z3,%4?:E
XI
"/J18)5;)8$/"1)771"e;18)77;
!"17""1"6/$46!"76"04687H
B,22% +,;<5:,9?% ;U%;< $'B%2588' ?<5?: $%
$%?D 45E?DO 2U'*2,;% %< 2 "+8%22% $%;
'4,<%4<;O %4 !5:$?:% $% 2U'<4* $% +?R %
;,<% E )B5:,;' 2U'3%:*%4"% $U?4% ",<'
"533%:#4<%O8:5),<4<$?824$U%?85?:2
4B,*<,54O %< $%; <%::%; )%:<,2%; 85?: 2%;
"?2<?:%;R
:5<'*'8:$%;:%38:<;O2%<,;;??:!,4;U%;<
$'B%2588'O 4% 85?B4< ;U'<%4$:%O %4 ;%
$%4;,),4<R %; 9?%29?%; 82"%<<%; %D,;<4<%;
?05?:$U+?, 8:5B,%44%4< 85?: 2 82?8:<
$U58':<,54 $% "?:%<*% $U4",%4; ! <,;
,4;2?!:%;85?:':%:2%9?:<,%:R
% <,;;?O <:&; :%;;%::' 4% 2,;;% 9?% 8%? $%
82"% ?D %;8"%; %D<':,%?:; 5? 2U%;8"%
8?!2,"O!,%49?%"%2?,[",O$?),<$%2$%4;,<'O
!'4'),",% $U?4% !544% ):'9?%4<<,54
8,'<544%O "% 9?, %4 "":5-< 2 ;5",!,2,<'R 9?2,<' :"+,<%"<?:2% $% 2U%4;%3!2% %;<
!544%O *:'3%4<'% $U'2'3%4<; 8<:,354,?D
:%3:9?!2%; %< 8:';%4<% ?4% *:4$%
+535*'4',<'R
9#7796"#7#74 #7L%/%0#1876 )*8# 8969=6#46%7#188*'7G
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
211$"7()&&6$"7H
38:,;%Q%4B,:54]I\(xhRjv$?<%::,<5,:%"533?42R
%4;,<'Q%4B,:54XX\/2'"0"187M(
58?2<,54Q%4B,:54jmh+!,<4<;Z+xX]WWR
y54%86#7!"17"R
046*7#"#/I961*78*21
"#/I18*59*8%/
#1*771 #796/#8#66*82*6#
20091/G
157
5!,4b:!544%?Z"5B,Z3,%4?:E
YI "/"1)771";!$;8!;T7)#/"
e;18)77;26!2111$"8&218)211"/G/"7
&;2;6'7=)'1"6217"82;6'"2)7H
4% )5,; 2%; :%38:<; 3'$,'B?D !<<?; %<
):4"+,;O 2 B,22% 8? ;U'<%4$:% %< <:5?B%: ?4
45?B%2 5:$:% ?:!,4R U?4% ?:!4,;<,54
8:5*:%;;,B%O 2%4<% %< B%:4"?2,:%O 54
;U"+%3,4% B%:; ?4 ?:!4,;3% 824,),'O
"54<:62'O 82?; :8,$%R %; <%"+4,9?%; $%
"54;<:?"<,54;'B52?%4<O2%;!%;5,4;%43<,&:%
$U%;8"%; *:4$,;;%4<R 5:<% $%; "<,B,<';
B,<,"52%;O 85:<?,:%; %< :<,;42%; 8:5;8&:%;
]<544%22%:,%;^O 2 B,22% !%;5,4 $U%;8"%;
8?!2,"; 3:9?4< ;54 $E43,;3%R 4; 2%;
:"+'<E8%; $% 2U'859?%O ?4% :"+,<%"<?:%
:)),4'%O $% 8,%::%O ,3824<'% ;?: ?4% <:3%
8:"%22,:% 82?; *'53'<:,9?% ;U':,*%O )5:34<
?48E;*%?:!,4;<:?"<?:'R
B5,% )%::'%O 3'4*'% 85?: $%; :,;54;
%;;%4<,%22%3%4< '"5453,9?% $'2,3,<% %<
;<:?"<?:% 2% 5:$ %< 2U?%;< $%; 45?B%?D
9?:<,%:;R ?05?:$U+?, !4$544'%O %22%
:%8:';%4<%?4%:%;;5?:"%)54",&:%,385:<4<%O
45<33%4< 85?: 2% $'B%2588%3%4< 85<%4<,%2
$U?4%B5,%B%:<%R
9#7796"#7#74 #7L%/%0#1876 )*8# 8969=6#46%7#188*'7G
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
211$"7()&&6$"7H
38:,;% Q%4B,:54Y]I\( xhRomv$?<%::,<5,:%"533?42R
%4;,<'Q%4B,:54\W/2'"0"187M(
58?2<,54Q%4B,:54iim+!,<4<;Z+xZWWWR
y54%!"17"R
046*7#"#/I961*78*21
"#/#1*771 #9"%98
"9U7*$ /#796/#
8#66*82*6# 20091/G
158
5!,4b:!544%?Z"5B,Z3,%4?:E
ZI
; !$;8 !; T 7)#/" ; !$;8 !; T
7)#/" e ;1 8)77; $8/$ 065;$ 46 /
462/)&$68)214=)//211)6"I
% d ;,&"2% ?: B? 2U88:,<,54 $% 2U?:!4,;<,54
X'"2<'%YO ;4; 'B52?<,54 B%:4"?2,:%O 824,),'%
3,; $';<:?"<?:'% %< 454 5:$5444"'%R %?
B25:,;';8:2U%;8"%8?!2,"$%B%4?B5?'?<:),"
:5?<,%: %< ?<535!,2%O "%; 45?B%?D 9?:<,%:;
:'854$%4< B4< <5?< ?4% $%34$% ":5,;;4<%
$U%;8"%O %< 45<33%4< $U%;8"%; %D<':,%?:;
8:,B<,);R
$%4;,<'$,3,4?%O23,D,<';U%))"%O*'4':4<$%;
8:5!2'3<,9?%; $% $'82"%3%4<; ?:!,4;
45?B%22%;O %< B%44< $? ),< 9?U54 $5,< "+%:"+%:
82?; 25,4 "% 9?, 4U%;< 8; ""%;;,!2% 5? $,;854,!2%
;?: 82"%R % <E8% $U?:!4,;<,54 XF54'%Y
;%"<5:,;% 2%; )54"<,54; ?:!,4%;R 4 8:22&2% $?
$'B%2588%3%4< 8B,22544,:%O 2%; F54%; $U"<,B,<';
5? "533%:",2%; 88:,;;%4<R %; "<,B,<'; 4%
8:%44%4< 82?; "5:8; 2 B,22%O %22%; ;54<
X8:9?'%;Y%48':,8+':,%R
5?: ?<4<O &F%O 2%; 25<,;;%3%4<; ;?""%;;,);
3,4<,%44%4< <5?< $% 3(3% ?4% "%:<,4% $%4;,<'O
9?U54 4% :%<:5?B% 8; "% 4,B%? $4; <5?<%; 2%;
B,22%; +':?2<,;%;R ,; 2% <,;;? %4*%4$:' 8: $%;
58':<,54; ;?""%;;,B%; $%B,%4< 2!E:,4<+,9?% %<
349?%":?%22%3%4<$U?:!4,<'R
9#7796"#7#74 #7L%/%0#1876 )*8# 8969=6#46%7#188*'7G
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
211$"7()&&6$"7H
38:,;%Q%4B,:54Y`](xpRmv$?<%::,<5,:%"533?42R
%4;,<'Q%4B,:54X\/2'"0"187M(
58?2<,54Q%4B,:54jh+!,<4<;Z+x]WWWR
y54%4";!"17"R
046*7#"#/I961*78*21
"9"%98"9U7*$ /#9
"%98"9U7*$ /#796/#
8#66*82*6# 20091/G
159
5!,4b:!544%?Z"5B,Z3,%4?:E
;,-+.-.+.+#'
;<:?"<?:% ?:!,4% 4%<<%3%4< 'B52?'O B5,:%
3?<' ? ),2 $%; ;,&"2%;O %< "%2 :%;<%
8:<,"?2,&:%3%4< B,;,!2%; $4; 2%; "533?4%O
"533% &F%O 5@ 2U%D84;,54 ? d ;,&"2% '<'
"54;'9?%4<%R 5?; 2UB54; B?O $? !5?:*
35E%4 *%?D $%4;% %< %4;%::' $4; ;%; :%38:<;
?D 25<,;;%3%4<; 8B,22544,:%;O 82?;,%?:;
X;<:<%;Y?:!,4%;;%;54<;?""'$'%48:22&2%$%
2":5,;;4"%$%2B,22%R
%; <,;;?; 2%; 82?; 4",%4; ;54< ?;;, 2%; 82?;
;<:?"<?:';O 8:$5D2%3%4< $U,22%?:; ? $%*:' $%
824,),"<,54 ?:!,4% 9?, 2?,O ;U%;< "":? ? ),2 $?
<%38;R 2?; 2 B,22% '<' 4<,",8'%O 824,),'%O
:&*2%3%4<'%O 35,4; 2 8:5$?"<,54 ?:!,4% '<'
5:$5444"'%O ,4<'*:'%O :E<+3'%R %2 85;% ?
8:';%4< ?4% %D,*%4"% <5?<% 8:<,"?2,&:% $%
:%<5?:2824,),"<,54X?<,2%YO;"+4<4<,",8%:
2%; !%;5,4; <5?< %4 ,3*,44< ?4 $%B%4,: ?:!,4
"5+':%4< %< 25*,9?% B%" 2%; <<%4<%; <4<
)54"<,544%22%; 9?U?:!4,;<,9?%;R 8:5$?"<,54
$U%;8"%; ?:!,4; 4% $5,< 82?; (<:% "54<:$,"<5,:%
B%"28:5$?"<,54$%8E;*%;?:!,4;R%:62%$%
2 $'),4,<,54 $%; %;8"%; 8?!2,";O <4< $4; 2%?:;
35:8+525*,%; %< 9?2,<'; 8:58:%; 9?% $4;
2U,3!:,"<,54$%;?4;?D?<:%;O;%<:5?B%:$%),<
? "7?: $% 2 $'3:"+% 85?: ?4% 8:5$?"<,54 $%
9?2,<'R
4%))%<O,2:%;;5:<$%2U42E;%?:!,4%9?%82?;?4
%;8"% 8?!2," %;< X"$:'YO 82?; 2% <,;;? ?:!,4
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
:'854$ "%; 5!2,*<,54; $U5:*4,;%: 2 B,% ;5",2%
$4;?42,%?R4$5,<<<"+%:?<4<$U,385:<4"%
29?2,<'$%B,%%<?"54)5:<$%"+9?%%;8"%
8:,B<,)]<4<,4<':,%?:9?U%D<':,%?:^3,;;4;85?:
?<4<"538:53%<<:%2%;!%;5,4;"522%"<,);R
:; 54 "54;<<% 9?% 82?; 2% <,;;? ?:!,4 %;<
$,;8:<%O35,4;54<:5?B%$%"5+';,54;5",2%5?
$%3,D,<'?:!,4%$4;2%;9?:<,%:;R%4U%;<!,%4
;A:8;2%;%?2)"<%?:O2)5:3%?:!,4%4%8%?<
%22% ;%?2% %D82,9?%: 2% )54"<,544%3%4< ?:!,4O
2U?;*%9?,%;<),<$U?4%;8"%R8:5*:33<,54O
2U%4B,:544%3%4< ? ;%4; 2:*%; %< 2 3,D,<'
<E8525*,9?% %4 3<,&:% $% 25*%3%4< 8:<,",8%4<
?;;,)5:<%3%4<2$'),4,<,54$U?42,%?R
,; "% 9?, ;%3!2% 34,)%;<% ;?: &F%O "U%;< ?4%
)5:3% $U%4"+%B(<:%3%4< $%; <E8525*,%; ?:!,4%;
;;%F )5:<R 4 ;;,;<% $%; "54):54<<,54;
:"+,<%"<?:2%; 3:9?4< ?4% *:4$% $,;8:,<'
)5:3%22% 5? %;<+'<,9?%O ,4;<?:4< ?4 :885:<
B,;?%2"5382,9?'9?,**4%:,<%4"5+':%4"%(<:%
82?;;5!:%R
#75968*#67)*7826*59#7D'!"#7J8#19#7K "618/#7#74 #749/* 7c)202(%1%*8%"#'260#7#8"#08%6*9=d
21;*;*/*8%"#7/*#9=G
160
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
%; 8:5$?"<,54; :'"%4<%;O 9?, 8%?B%4< B5,: 2%?:;
8:58:%; 9?2,<'; :"+,<%"<?:2%;O 4U%4<:%<,%44%4<
82?; %4<:% %22% $% :885:< $U+535*'4',<' $%
)5:3%;O $% 3<':,?D 5? $% "5?2%?:;R %;
"54;<:?"<,54; 54< '<' 35,4; "54<:,4<%; 8: 2%;
<%"+4,9?%; "54;<:?"<,B%; 2,3,<'%; $%; ;,&"2%;
8;;';R
4% )5:3% $% 2,!%:<' "54;<:?"<,B% %;< 88:?%
,4$?,;4< ?4% 82?; *:4$% B:,'<' $4; 2%;
! <,3%4<;R ,; "% 9?, 85?B,< 8:-<:% "533%
?4% "+4"% :"+,<%"<?:2% ;U%;< <:$?,< ,4 ),4% 8:
?4% "5382%D,<' ?:!,4% 2,;;4< ?4 8E;*%
9?%29?% 8%? ,4"5+':%4<R 2%"<?:% $% 2U%;8"%
?:!,4'<'!:5?,22'%O2%:%;;%4<,%<2U88:<%44"%
?49?:<,%:4U%4;54<9?%82?;$,)),",2%;R
2%;<,38':<,)$%;%9?%;<,544%:;?:2"5+':%4"%
$%2;<:?"<?:%?:!,4%O":%22%,4)2?%$,:%"<%3%4<
;?:29?2,<'$%B,%R24%;?)),<8;$%8:5*:33%:
$% 2 3,D,<' 85?: 9?% "%22%[", $'!5?"+%
?<53<,9?%3%4<;?:?4%;8"%$%B,%$%9?2,<'R
)5:3%?:!,4%O24<?:%$%2U%;8"%8?!2,"%<2%;
9?2,<'; $% <:,<%3%4<; <4< ? ;52 9?U%4 )#$%;
$5,B%4< 8:<,",8%: $% 2 45?B%22% $'),4,<,54 $%
2U,$%4<,<'?:!,4%"533?42%R
161
#75968*#676
(61"# 2)%6#
-298%7/#7917
"#/59/*8%9
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;,,),).%#,
533%$4;<5?<%;<:?"<?:%?:!,4%O2U%;8"%
8?!2,"%;<$'),4,8:2<:3%$%;B,$%;2,;;';
%4<:% %< ?<5?: $? ! <, %< 454 ,4"2?; $4; 2%;
%;8"%;8:,B';R%<%;8"%8?!2,"8%?<(<:%$%
$,))':%4<%; 4<?:%; ]B5,%;O 82"%;O 82*%;O
<%::,4; $% 0%?DO %<"R^ %< ""?%,22,: $%; ?;*%;
B:,';R
% 8:,4",82 %;8"% 8?!2," :%;<% 2 B5,:,%O <4<
%22% 5""?8% 2% <%::,<5,:%O 3,; "U%;<
8:$5D2%3%4<2U%;8"%9?,O$&;25:;9?U,24%
!'4'),",% 8; $U?4 <:,<%3%4< 9?2,<<,)
3,4,3?3O ":,;<22,;% 2%; 8:,4",8?D 8:5!2&3%;
$U?;*%;%<$U,3*%R
4$%+5:;$%;B5,%;9?,3%<<%4<%4:%2<,542%;
9?:<,%:;2%;?4;B%"2%;?<:%;O2%;82"%;54<
?4 :62% 8:'854$':4< $4; 2% $'B%2588%3%4<
$U?4%B,%;5",2%"533?42%R
4 %))%<O 8: ;54 :62% "%4<:2,;4<O 2U%;8"%
8?!2," ?;;, ?4% B5"<,54 ;5",2% <:&; )5:<%O
%< <:$,<,544%22%3%4< 3:9?'% %4 3,2,%?
3'$,<%::4'%4 8: 2% XB,B:%$%+5:;YO 82?;
8:';%4<9?%$4;$U?<:%;:'*,54;R2%;<$54"
,385:<4<9?%2U%;8"%8?!2,"8?,;;%)B5:,;%:
"%; <E8%; $U'"+4*%; %< 2 :%4"54<:% %4<:%
"54",<5E%4;R
U%;8"% 8?!2," ;;?3%: $U?<4< 3,%?D "%
:62% 9?U,2 8:';%4<%: ?4 3,4,3?3 $% 9?2,<';
j
l i
i
k
m
""186"N=)//"!"#@"
5"2,;<,54$%;8+5<5;]8*%$%$:5,<%^
"+%22%QiQihhhh
162
5!,4b:!544%?Z"5B,Z3,%4?:E
,4<:,4;&9?%;O ),;4< $% 2?, ?4 2,%? 5@ ,2 %;<
*:'!2%$%;'05?:4%:R
9?2,<' $%; %;8"%; 8?!2,"; :%2&B% $U?4
%4;%3!2% $% 8:3&<:%; 2,'; ?D 8%:"%8<,54;
]%4B,:544%3%4<;8<,2OB?%;O3!,4"%;O%<"R^
%<29?2,<'$%;?;*%;9?U%22%?<5:,;%O9?,
8%?< ;% <:$?,:% <:B%:; 2 45<,54 *'4':2%
$%X"54)5:<YR
% 82?;O 2%; %;8"%; 8?!2,"; ;,4*?2,%:; ]2%;
82"%; 45<33%4<^ "54;<,<?%4< ?;;, $%;
85,4<; $% :%8&:% $4; 2 B,22%O <4< 85?: 2%;
+!,<4<;%<?;*%:;$?9?5<,$,%49?%85?:2%;
?;*%:;%<B,;,<%?:;82?;5"";,544%2;R
(2827
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
"7 4/"7 !; "186"N=)//"H !"7 "74"7
4;/)7!"5;/)8$G7;442687!"/=)"72)/"
%"7?:$%B,22%!'4'),",%$U?4*:4$453!:%
$% 82"%; %< 82"%<<%; 8:<,"?2,&:%3%4<
*:'!2%; ]53!:*'%; 2U'<'O $,;85;4< $%
!4";8?!2,";O8:)5,;$U?4%)54<,4%O%<"R^R
% 82?;O 2% <,;;? ! <, $%4;% $? "7?: $% B,22%
$'),4,<$%;%;8"%;<:&;;<:?"<?:';O!5:$';8:
$%;):54<;! <,;"54<,4?;9?,"$:%4<2%;B?%;O
$'2,3,<%4<"2,:%3%4<2U%;8"%O$'),4,;;%4<$%;
:?%22%; %< $%; 82"%<<%; ? ":"<&:% 8:)5,;
,4<,3%R
i
j
k
l
iR2"%:,;<,$%:,4$
jR;824$%
kR5:<%<2"%3,22%,$2
lR2"%59?%;
mR82*%<<%
m
163
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
% "%4<:% 4",%4 !:,<% %4 %))%< $% 453!:%?;%;
:?%22%; %< B%4%22%; 9?, :%"&2%4< $%; %;8"%;
8:<,"?2,&:%3%4< *:'!2%;O 5@ 2%; +!,<4<;
,3%4<;'05?:4%:R%82?;O$4;2%"%4<:%4",%4O
2% :';%? $% B5,%; %;< :%2<,B%3%4< !,%4
+,'::"+,;'Q 2%; :?%22%; %< B%4%22%; 88%24< $%;
?;*%;8:,4",82%3%4<8,'<544,%:;;54<$,;<,4*?'%;
$%; B5,%; $% ",:"?2<,54 35<5:,;'% 8: $%;
<:,<%3%4<; $,))':%4",';O %< 2% 82?; ;5?B%4< $%
9?2,<']8B';^R
164
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
5?<%)5,;O "% <E8% $% <:,<%3%4< **4%: (<:%
*'4':2,;'2U%4;%3!2%$%;B%4%22%;8,'<544%;9?,
4U%4!'4'),",%:,%4<8;%4"5:%"%05?:R
: ,22%?:;O ,2 88:-< ?;;, 9?% $% 453!:%?;%;
82"%<<%; $? "7?: $% B,22% ;54< ,4B%;<,%; 8: $%;
B'+,"?2%;R 4% :'5:*4,;<,54 $? ;<<,544%3%4<
;%:,< ;5?+,<!2% 2U'"+%22% $? "%4<:%[B,22% $%
34,&:%2,!':%:"%;%;8"%;85?:8:';%:B%:2%?:;
?;*%;$5?D%<45<33%4<8,'<544,%:;R
165
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
[
28)77"0"187H!"7"74"74;/)7
6"5;/)&)"6
[
4349?%$U%;8"%;;<:?"<?:4<;
, 2% "7?: $% B,22% !'4'),"% $% 453!:%?;%; 82"%;
$% 9?2,<'O 2%; 9?:<,%:; :';,$%4<,%2; 8':,8+':,9?%;
%4 ;54< 2% 82?; ;5?B%4< $'85?:B?;R 4; "%;
9?:<,%:;O 2U%;8"% 8?!2," %;< ;5?B%4< :'$?,< ;
85:<,54"54*:?%O;B5,:?DB5,%;$%",:"?2<,54%<
?D %;8"%; $% ;<<,544%3%4<R % $'B%2588%3%4<
?:!,4 :'"%4< $% &F% *'4':' $%; 9?:<,%:;
;5?B%4<
<:&;
?4,)54"<,544%2;O
$'B52?;
%D"2?;,B%3%4< 2U+!,<<O 5@ 2U!;%4"% $U%;8"%;
8?!2,"; $% :%4"54<:% ]82"%;^ 4?,< ?
$'B%2588%3%4<$U?4%B,%;5",2%$%9?:<,%:R
,4;,O ,2 ;%:,< ;5?+,<!2% 9?% 2% $'B%2588%3%4<
?:!,4 )?<?: ;U58&:% ?<5?: $U%;8"%; 8?!2,";
;<:?"<?:4<; 9?, 8?,;;%4< ""?%,22,: $,))':%4<;
?;*%; 2,'; 2 B,% $% 9?:<,%: ]82"%;O ,:%; $%
25,;,:;O8:";?:!,4;O%<"R^R
4 <:,<%3%4< 8%:)%"<,!2% $%; 2,3,<%;
8?!2,"Z8:,B'
4 8:5!2&3% ;5?B%4< :'"?::%4< $4; 2%;
25<,;;%3%4<; "54<%385:,4; :';,$% $4; 2%
<:,<%3%4< $%; 2,3,<%; %4<:% %;8"% 8?!2," ]2 :?%^
%<2;8+&:%8:,B'%]2%;25<;O2%;8:"%22%;8:,B'%;^R
4 %))%<O "54<::,5 $? "7?: $% B,22%O 5@ 2U%;8"%
$% 2 :?% %;< !,%4 $'),4, 8: 2% ! <, 2,*4' %4
!5:$?:% $%; B5,%; 8?!2,9?%;O 2U%;8"% $% 2 :?%
4U%;< $'),4, 2% 82?; ;5?B%4< $4; 2%; 25<,;;%3%4<;
9?%8:2%;"26<?:%;8':,8+':,9?%;$%;<%::,4;R]%;
25<,;;%3%4<; ;54< "54;<,<?'; 305:,<,:%3%4<
$U+!,<<; ,4$,B,$?%2; ,3824<'; %4 3,2,%? $%
8:"%22%R^
2 ,385:<% $54" 9?% 2% <:,<%3%4< 885:<' ?D
"26<?:%;;5,<2%82?;;5,*4'85;;,!2%":;%;54<%22%;
9?, B54< "54;<,<?%: 2%; X)#$%;Y 8%:"%8<,!2%;
$%8?,;2:?%R
: "% 4U%;< 8; <5?05?:; 2% ";Q "%:<,4%; "26<?:%;
;54< 8:<,"?2,&:%3%4< ,385;4<%;O ?;<&:%;O 5?
:'2,;'%; $4; $%; 3<':,?D $%;<,4'; (<:%
%4$?,<;3,;4%2U'<4<8;S
% 82?;O 2% ":"<&:% ;5?B%4< <:&; $,;8:<% $%;
"26<?:%; $U?4% 8:58:,'<' 2U?<:% "54<:,!?% "":5,<:%2$,;"54<,4?,<'$%2U%;8"%8?!2,"R
5?: ),:% )"% "%<<% 8:5!2'3<,9?% %< 885:<%:
?4 3,4,3?3 $% "54<,4?,<' $%; "26<?:%; ;?: 2%;
B5,:,%; 8?!2,9?%;O 2% 8%?< 8:'",;%: 2%; :&*2%;
9?, :'*,;;%4< 2%?: ;8%"< %D<':,%?: %< 9?,
;U,385;%4<?D8'<,<,544,:%;8:,B';R
166
5!,4b:!544%?Z"5B,Z3,%4?:E
5?<%)5,;O ,2 %;< %4 *'4':2 82?; %)),""%
$U,4<%:B%4,: $,:%"<%3%4< $%8?,; 2%; %38:,;%;
8?!2,9?%;Q 8: %D%382% ? 35E%4 $U?4%
!4$%824<'%9?,;%:<$U,4<%:)"%+:354,;'%
%4<:%2%;8:"%22%;8:,B'%;%<2B5,%8?!2,9?%R
U%;<;?:"%8:,4",8%9?U54<'<'3'4*'%;2%;
B5,%;$4;453!:%$%9?:<,%:;$%&F%R
[ 48:,4",8%*'4':2,;%:
5?:;;?:%:2"54<,4?,<'$%;%;8"%;8?!2,";O
%4 8:<,"?2,%: $4; 2%; 25<,;;%3%4<;O ?4
8:,4",8% $% !4$% 824<'% ;%:B4< $U,4<%:)"%
%4<:% 2 B5,% 8?!2,9?% %< 2%; <%::,4; 8:,B'% $54"'<'$58<'$4;$%453!:%?D9?:<,%:;R
% 8:,4",8% 8:<,"?2,&:%3%4< %)),""% 8%:3%<
$% !,%4 ;<:?"<?:%: 2U%;8"% $% 2 :?% %< $%
:%$544%: ?4% "%:<,4% 9?2,<' ?D %;8"%;
8?!2,";R
% 8:,4",8% **4%:,< (<:% *'4':2,;' 2U%4;%3!2%
$%;
9?:<,%:;
$U+!,<<
8B,22544,:%2UB%4,:R
,2%4%8%?<"5334$%:$,:%"<%3%4<$%;
58':<,54; $% :%9?2,),"<,54 $%; B5,:,%;O 2%
8%?< ),:% '<< $%; ,4<%4<,54;
"533?42%;%423<,&:%R
%; 5:,%4<<,54; $U3'4*%3%4<; 8%?B%4<
?;;,8:'",;%:2%;*:4$;8:,4",8%;3%<<:%%4
7?B:%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
4$%
824<'%
;8"%8:,B'
]+!,<<,54;^
;8"%
8?!2,"
]B5,%^
//;7868)217!;46)1)4"!"K1!"4/18$"LG
/J)18"6&""186""74"4;/)"846)=$
167
5!,4b:!544%?Z"5B,Z3,%4?:E
;86"7"74"76$)1="78)6
4),4O;54<?;;,:%"%4;';;?:2"5D33?4%?4
"%:<,4453!:%$U%;8"%;8?!2,";?;<<?<?4
8%? )25? 5? 4'"%;;,<4< ?4% :%9?2,),"<,54Q
"U%;<2%";8:%D%382%$?2,4',:%$%2nik
;?:2%+?<$%2UB%4?%$%'F%4;O,4$8<'%
?D $'82"%3%4<; $5?D %< %4 8:<,"?2,%: ?D
$'82"%3%4<; 8,'<54;R %; :%<:,<; ,385:<4<;
$?! <,8::885:<2B5,%%<2$,;8:,<'$%;
"26<?:%; "54<:,!?%4< $';<:?"<?:%: 2
8%:"%8<,54$%2U%;8"%8?!2,"R
U%;< 2% "; ?;;, $% 2U,:% $%; )%;<,B,<';O 8:5D,3,<' $? 85:<O 9?, ""?%,22% $?
;<<,544%3%4< %4 $%+5:; $%; 'B&4%3%4<;
)%;<,);O%<9?,8:';%4<%?4%,3*%8%:)%"<,!2%S
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
168
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;,'-+,/#%%
186$"78O]XZ]$%8?,;54<8%22,%:O5?F,*?%;^
X
iR2<:B%:;'%$%282,4%O2nik8:';%4<%?4
8:5),2<:&;:5?<,%:2,';)54"<,54$%<:4;,<R
jR % 854< %403!4< 2% :?,;;%? $? 22;
"54;<,<?% ?4 ;%?,2 9?, 3:9?% <:&; ;%4;,!2%3%4<
2U%4<:'%$%B,22%R8:';%4"%$%<:5<<5,:"54),:3%2%
"+4*%3%4<$%;<<?<$%2B5,%B%:;?48:5),282?;
?:!,4R
kR %; 8:%3,&:%; "54;<:?"<,54; $% 8:< %< $U?<:%;
$% 2 B5,% ]"533%:"%;O ;<<,54; %;;%4"%^ %< 2U::,&:%824]+!,<<^<'35,*4%4<$%2U%4<:'%$4;
2U**253':<,54R % ":"<&:% ?:!,4 $% 2 B5,% ;%
:%4)5:"%?)?:%<3%;?:%$%28:5*:%;;,54B%:;
2%"%4<:%B,22%]<:5<<5,:;"54<,4?;O'"2,:*%?:!,4^R
lR%<mR%8:5),2$%2B5,%'B52?%%4"5:%B%:;?4%
,3*% 82?; ?:!,4%Q 2% ! <, %4"$:% 8%? 8%?
2U%;8"% $% 2 :?%R % <:,<%3%4< $%; %;8"%;
8?!2,"; 'B52?% ?;;, $4; "% ;%4; ]<:5<<5,:;O
'"2,:*%%<35!,2,%:?:!,4O3;;,);O%<"R^R
dH U%4<:'% $% B,22% %;< ;;%F "2,:%3%4< 3:9?'%O
2%; 3'4*%3%4<; $% B5,:,% <%2; 9?% 2%; <:5<<5,:;
;54< "54<,4?; $%8?,; 2U%4<:'% $% B,22% 0?;9?U?
"%4<:%R
Z
\
i
Y
[
k
l
1-";>H 2% <:,<%3%4< $%; ,4<%:)"%; %4<:% %;8"%
8?!2,"%<8:,B'%;<8%:)%"<,!2%?4,B%?$%;F54%;
"533%:",2%; 85?: B25:,;%: 2 8:%3,&:%
8%:"%8<,54$%&F%$%8?,;2U%;<R
j
m
169
5!,4b:!544%?Z"5B,Z3,%4?:E
186$"26!O]XZ]%8?,;54<*4"O'F%4;^
X
iR:5,;1,253&<:%;B4<&F%O2B,22%%;<8%,4%
8%:"%8<,!2% 2U+5:,F54O 2% "+ <%? $U%? "54;<,<?%
4'435,4; ?4 85,4< $% :%8&:% )5:< 9?, ;,*42% 2
8:5D,3,<' $% 2U%;8"% ?:!,4R B5,% 8:';%4<% ?4
":"<&:%<:&;:5?<,%:%4""5:$B%";)54"<,54$%
<:4;,<O5@2%8,'<544U8;;82"%R
jR ?D !5:$; $% 2U**253':<,54O $%;
3'4*%3%4<;$%B5,:,%;?**&:%4<9?%2U%4<:'%%4
B,22%%;<,33,4%4<%]'"2,:*%8?!2,"^R5?<%)5,;O2
B5,%"54;%:B%?4":"<&:%<:&;:5?<,%:R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
Y
Z [
\
k
kR 2 <:B%:;'% $%; 8:%3,%:; 9?:<,%:;
8':,8+':,9?%;O 2 B5,% 'B52?% 8%? 8%? B%:; ?4
8:5),2 82?; ?:!,4R %; ""5<%3%4<; ;54<
;?)),;33%4< 2:*%; 85?: ""?%,22,: $%; ?;*%;
$5?D]$'82"%3%4<;8,'<54;%<"E"2%;^O85?:?<4<
2%;3'4*%3%4<;4%;54<8;)5:32,;';]!;%4"%
$%<:5<<5,:;O%<"R^R
lR %< mR % 8:5),2 $% 2 B5,% 'B52?% %4"5:% 85?:
"9?':,: ?4 ":"<&:% B':,<!2%3%4< ?:!,4
]8;;*% $% 2 :5?<% 2 :?%^Q <:5<<5,:;O
<:,<%3%4<;$%;52O35!,2,%:?:!,4O):54<;! <,;$%
8:< %< $U?<:% 9?, "$:%4< 2%; B?%; %< $'),4,;;%4<
2U%;8"%$%2:?%S
i
l
1-";> H )),:3%: $,;<,4"<%3%4< 2% "+4*%3%4< $%
;<<?< $% 2 B5,% $&; 2U%4<:'% $U**253':<,54 %<
;;?:%: 2 "54<,4?,<' $%; 3'4*%3%4<; ;?:
2U%4;%3!2% $% 2 <:B%:;'% $% 2U%;8"% ?:!,4
]<:,<%3%4<;$%;52O<:5<<5,:;O%<"R^R
j
m
170
5!,4b:!544%?Z"5B,Z3,%4?:E
="1;"!")//"="?6O\
X
iRm%;<$%;;%:<&F%8:2%5:$O$%8?,;
,22%B%E:"R B5,% 8:';%4<% ?4 ":"<&:% $%
:5?<% $% "38*4% 0?;9?U "% 9?U?4
2,*4%3%4< $% 82<4%; 4454"% 2U::,B'% ?D
!5:$;$%2U%4<:'%$U**253':<,54R
jR%;8:%3,&:%;3,;54;;54<8%:"%8<,!2%;$%
8:<%<$U?<:%$%2B5,%9?,"54;%:B%%4"5:%
?4":"<&:%:5?<,%:RU2,*4%3%4<$%82<4%;
2?,"54)&:%4'435,4;?4%,3*%82?;?:!,4%O
$%<:4;,<,54%4<:%2:5?<%%<2:?%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
Y
Z
[
\
k
kRblR?4,B%?$?9?:<,%:$%2?,2%:,%O$%;
85:<,54; $% B5,% 3'4*'%; ]<:5<<5,:;O
'"2,:*% 8?!2,"^O ? ":"<&:% ?:!,4O
2<%:4%4< B%" $%; 85:<,54; ;4; <:5<<5,:;O ?
":"<&:%82?;:5?<,%:S
mRSB4<$U%4<:%:%))%"<,B%3%4<$4;2%"7?:
$% B,22%R :5?<% "+4*% 25:; $% ;<<?<O %22%
$%B,%4<B':,<!2%3%4<X2:?%YQ2%! <,2,*4'
"$:% 2 8%:;8%"<,B%O 2%; 3'4*%3%4<; $%
B5,:,% "54)&:% 2 m ?4% ,3*% <:&; ?:!,4%
]<:5<<5,:;O35!,2,%:?:!,4O%<"R^R
i
l
dH 2%; 2,*4%3%4<; $% 82<4%; 8%:3%<<%4<
?4%<:4;,<,548:5*:%;;,B%$%2:5?<%2:?%
%4"54)':4<?4%,3*%82?;?:!,4%2B5,%R
NH 2 $,;"54<,4?,<' $%; 3'4*%3%4<; $% 2
B5,% ]<:5<<5,:; 45<33%4<^ %;< 4?,;,!2% %4
<%:3%;$%)54"<,544%3%4<%<$%8%:"%8<,54R
1-";>H ;;?:%: 2 "54<,4?,<' $%;
$'82"%3%4<;$5?D]"54<,4?,<'$%;<:5<<5,:;^R
j
m
171
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;"!"7!)";>OX\`]%4<:'%;%"54$,:%^
iR imq %;< ?4% 8%<,<% :5?<% 8%? 2:*% ?
":"<&:% :?:2O ""%;;,!2% $%8?,; 2 :5?<% mi %4
8:5B%44"%$%:;%,224RB,22%88:-<$U!5:$
2U::,&:%824O%4"54<:%!;R
Y
\
X
jR 4 %;8"% $U%4<:%86< %< $%; ! <,3%4<;
$U"<,B,<';$%8:<%<$U?<:%$%2B5,%4454"%4<
2 8:5D,3,<' $% 2U%;8"% ?:!,4R 4 %4;%3!2%
$U:!:%;2U::,&:%824;%3!2%3:9?%:?4;%?,2S
kR S % 9?, ;% "54),:3% ?4 8%? 82?; 25,4 8: 2
8:';%4"% $? 844%? $U%4<:'% $U**253':<,54 %<
$%; 8:%3,&:%; +!,<<,54;R 5?<%)5,; 2 B5,%
"54;%:B%?4":"<&:%<:&;:?:2S
[
Z
k
lR S22% ;%3!2% 3(3% :%;;5:<,: ;?: 9?%29?%;
$,F,4%;$%3&<:%;$%2U**253':<,54S
mRSB4<$%8'4'<:%:45?B%?$4;?49?:<,%:
$U+!,<<8B,22544,:%R%<<%)5,;2%":"<&:%$%2
B5,%;%),<82?;?:!,4Q2%8:5),2%;<3'4*'B%"
$%; <:5<<5,:; %< $%; %;8"%; $'B52?; ?D
",:"?2<,54;$5?"%;O$?;<<,544%3%4<O$%;3;;,);
824<'; %< $? 35!,2,%: ?:!,4R %; "26<?:%;
"54<,4?%; $'),4,;;%4< $,;<,4"<%3%4< 2 2,3,<% %4<:%
2U%;8"% 8?!2," $% 2 :?% %< 2 ;8+&:% 8:,B'% $%;
+!,<<,54;R
i
l
NH 2U%4<:'% $% B,22% %;< 8:<,"?2,&:%3%4< )25?%O 2%;
8:%3,&:%; "54;<:?"<,54; ]%4<:%86<; ",%2 5?B%:<^
$544%4<?4%,3*%8%?9?2,<<,B%R
1-";>H :%9?2,),%: 2% 2,4',:%O <:,<%: 2%; !5:$;
$%;%4<:%86<;]"26<?:%;^O%<"R
j
m
172
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
2;8"!"7/)17OX_]%4<:'%;%"54$,:%^
iR ip %;< ?4% B5,% $% ",:"?2<,54 ,4<%:4% 2
"533?4% 9?, :%2,% &F% ? ;,<% $? 5?::% 24"
%< ? ;%"<%?: $% 2 :4$[
:4*%R ?4 1,253&<:%O
$% &F% %22% 8:';%4<% %4"5:% ?4% ,3*% <:&;
:?:2%]B5,%8%?2:*%O)5;;';O%<"R^R
jR mhh 3&<:%; B4< 2U%4<:'% $% B,22%O ?4% 8,;<%
"E"2!2% ]B%:; 2U'"5;,<%^ %;< 3'4*'% ;?: 2% "6<'
*?"+% $% 2 :5?<%O 9?, <:$?,< $%; ?;*%;
8':,?:!,4;$%2B5,%R%;3;;,);824<';;;?:%4<
?4% <:4;,<,54 B%:; ?4 <:,<%3%4< 82?; ?:!,4 $?
8:5),2 $% 2 B5,%O 3,; "538<,!2% B%" ;54 ,3*%
:?:2%"%<%4$:5,<R
\
[
Y
Z
X
k
kR48:%3,%:):54<! <,%<$%;:!:%;$%+?<%<,*%
:9?%4<?4;%?,29?%"54),:3%2%844%?$U%4<:'%
$U**253':<,54R
lR8:&;9?5,2%<:,<%3%4<$%2B5,%$%B,%4<82?;
?:!,4Q 2 8,;<% "E"2!2% %;< "5382'<'% 8: $%;
<:5<<5,:;O 2%; <:B%:;'%; 8,'<544%; ;54< 8:5<'*'%;O
2%! <,5?2%;"26<?:%;%4"$:%4<2U%;8"%$%2:?%O
%<"R
mR%8:5),2$%2B5,%'B52?%?)?:%<3%;?:%$%
2 8:5*:%;;,54 $4; 2% "7?: $% B,22% B%:; ?4
<:,<%3%4<82?;?:!,4R
i
l
dH:%3,&:%8%:"%8<,549?2,<<,B%O%4<:'%$%B,22%
!,%4 3:9?'%O 'B52?<,54 "54<,4?% $? 8:5),2 $% 2
B5,%O "54<,4?,<' $%; 3'4*%3%4<; ?:!,4;
]<:5<<5,:;O8,;<%"E"2!2%O%<"R^R
1-";> H 8:';%:B%:22,;,!,2,<'$%22,3,<%?:!,4%%<
2%;9?2,<';$%2U%4<:'%$%B,22%R
j
m
173
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
1-";>
&F%O <:5,; 8:5!2'3<,9?%; ;54< :'"?::%4<%; ?
4,B%? $%; %4<:'%; $% B,22%O ))%"<4< 2 305:,<'
$U%4<:%[%22%; $% 34,&:% 82?; 5? 35,4; 3:9?'%
$%2U?4%2U?<:%O"54"%:44<Q
iR28%:"%8<,54$%2U%4<:'%$%B,22%
%"+4*%3%4<$%;<<?<$%2B5,%]8;;*%$%X2
:5?<%YX2:?%Y^O25:;9?U,2%;<)25?O5?2U!;%4"%
$%X;%?,2Y]"54),*?:<,54;8<,2%9?,$'),4,<X?4%
85:<% Y 3:9?4< 2U%4<:'% $4; 2U%;8"% ?:!,4^
%38("+%4< $% 8%:"%B5,: $,;<,4"<%3%4< 2U%4<:'%
$4;2U**253':<,54R
8%:"%8<,54$%2U%4<:'%$%B,22%%;<$U?<4<82?;
$,)),",2%9?4$2%! <,%;<<:&;$,;8%:;'R
jR2%)54"<,544%3%4<$%2B5,%
% 8;;*% $% X2 :5?<%Y ]B5,% $% ",:"?2<,54
!5:$'% $% )5;;';^ X2 :?%Y ]B5,% ?:!,4%
3'4*'% 85?: $,))':%4<; ?;*%;O !5:$'% $%
<:5<<5,:;%<2%82?;;5?B%4<%4"$:'%8:$%;):54<
! <,;^ 4U%;< 8; <5?05?:; <:&; $,;<,4"<R 5<33%4<
$? ),< $U?4 349?% $% "54<,4?,<' $%;
3'4*%3%4<; %< %4 8:<,"?2,%: $% <:5<<5,:;R %2
;UB&:% 8:5!2'3<,9?% %4 <%:3%; $% 8%:"%8<,54
3,; ?;;, $% )54"<,544%3%4< ]:?8<?:% $%;
"+%3,4%3%4<;8,'<,54;^R
kRU,3*%]?;%4;9?2,<<,)^$%2B,22%
: &F%O "533% $4; !%?"5?8 $U?<:%; B,22%;O
2%; 8:%3,%:; %;8"%; ?:!4,;'; <:B%:;'; ;54<
;5?B%4< $%; %;8"%; B5"<,54 "533%:",2% 5?
$U"<,B,<'; 5? $%; ;%"<%?:; $U%D<%4;,54 ?:!,4% B5"<,54 %D"2?;,B%3%4< :';,$%4<,%22% "54;<,<?';
$U+!,<<8B,22544,:%]25<,;;%3%4<;^R
% <E8% $% <,;;? ?:!,4 4% 8:';%4<% 8;O 8:
4<?:%O $% *:4$%; 9?2,<'; ?:!,4%; ]! <,3%4< %4
<62%;O %4;%,*4%; ,385;4<%;O *:4$%; '<%4$?%; $%
8:1,4*;O %<"R $4; 2%; F54%; "533%:",2%;
45<33%4<^R
2 %;< $54" ,385:<4< $% B25:,;%: 2U,3*% $% "%;
%;8"%;%4%4<:'%$%B,22%R
$')?< $U,385;%: ?4% :%9?2,),"<,54 $%;
! <,3%4<; 5? $%; 3'4*%3%4<; ;?: 2%; <%::,4;
8:,B';O $%; "<,54; $% B25:,;<,54 ;54<
%4B,;*%!2%; %4 ,4<%:B%44< $%8?,; 2U%;8"%
8?!2,"R
U3'4*%3%4< $%; B5,%; %< $%; %;8"%; 8?!2,";
4% $'8%4$ 8; $? 3,; $% 2 852,<,9?%
3?4,",82%]%4"54"%:<<,54B%"2%;*%;<,544,:%;
$% B5,:,%^R 5?<%)5,;O 2% 8%?< %D8:,3%: $%;
*:4$; 8:,4",8%; 5? $%; *:4$%; ,4<%4<,54; %4
)B%?: $% <%2 5? <%2 <E8% $U"<,54 ;?: 2%; %;8"%;
8?!2,";]3'4*%3%4<O:%9?2,),"<,54O%<"R^R
$'),4,<,54 $U5:,%4<<,54; $U3'4*%3%4< 8%?<
?;;,"54<:,!?%:8:'",;%:"%;8:,4",8%;R
%;%4<:'%;$4;2U**253':<,54O<:B%:;2U,3*%
9?U%22%; 8:';%4<%4<O $544%4< ?4% 8:%3,&:%
,38:%;;,54$%2B,22%R2%;<$54""8,<29?%"%<<%
,38:%;;,54;5,<23%,22%?:%85;;,!2%R
174
5!,4b:!544%?Z"5B,Z3,%4?:E
;)-+#&(#'
8:<,% ;< $? B,22*% $% &F% %;< ,4;":,<% 2U,4B%4<,:% $%; ;,<%; $? ),< $% ;54 ,4<':(<
*'4':2R22%"538:%4$45<33%4<?4"%:<,4
453!:% $U'2'3%4<; $% 8<:,35,4% ! <,
:%3:9?!2%;Q
[ 2%;:%38:<;O
2; )54< 8 <,% $%; )5:<,),"<,54; 9?,
8:5<'*%,%4<?<:%)5,;2B,%,22%B,22%R?%29?%;
85:<,54; ;?!;,;<%4< 45<33%4< 2% 254* $?
+%3,4 $% 2U<4*O 8:5D,3,<' $% 2 "+8%22%
$%;8'4,<%4<;R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
[ 2U'*2,;%inO
U'*2,;% ,4<[,2,:% '<' ! <,% ? 3,2,%? %
;,&"2% ;?: 2% ;,<% $U?4% ?<:% '*2,;% "522'*,2%
82?; 4",%44% ]% ;,&"2%^ 8: <,%44% $%
3!:,O 'B(9?% ! <,;;%?: 9?, <%:3,4 ?;;,
2`'*2,;%"<+'$:2%$`*$%%4ilmkR
% <,<:% "522'*,2 )?< ;?88:,3' %4 ilph %<
2`'*2,;% $%B,4< ?4 ;,382% 8:,%?:'R `'*2,;% ;%
<:5?B,<"54<:%23?:,22%$%2",<'R4imqmO
2 "5?B%:<?:% $% 2`'*2,;% )?< %4<,&:%3%4<
:%),<%R 4 ipmmO ?4% )?;;% B5A<% %4 !:,9?%;
)?<"54;<:?,<%;?:24%)R
% ;<E2% *5<+,9?%O 2`'*2,;% ;% "5385;% $`?4%
4%)?4,9?%$%9?<:%<:B'%;OB5A<'%$`5*,B%;
%4!:,9?%;O%<$`?4%!;,$%;%8<84;B5A<'%
$`5*,B%;O 82?; '<:5,<% %< 82?; !;;%R `'$,),"%
%;<%4<,&:%3%4<'8?2'8:$%;"54<:%)5:<;R%
"25"+%:O;?:824"::'O%;<'2%B'?45:$$%2
$%:4,&:% <:B'% $% 2 4%)R %; $%?D "+8%22%;
9?, !5:$%4< 2 $%:4,&:% <:B'% $% 2 4%) ;54<
"54<%385:,4%; $% 2 :%"54;<:?"<,54 $%
2`'*2,;%R %; !:4"+%; $`5*,B%; $? "+7?:
8'4&<:%4< 2%; ;?885:<; %< :%<53!%4< ;?: $%;
"+8,<%?D ;"?28<'; $% 35<,); )%?,22*'; $4;
2 82?; 8?:% <:$,<,54 $? ;<E2% :E5444<R %;
"+8,<%?D $%; :"; $5?!2%?D ;54< %?D ?;;,
;"?28<'; $% 35<,); B'*'<?D $? 8:%3,%:
*5<+,9?%R "2%) $% B5A<% $% 2`!;,$% %;<
;"?28<'% $% 2 :%8:';%4<<,54 $% ;,4< ,%::%
;;,;O"5,))'$`?4%<,:%%<85:<4<$%;"2%);R
"+8%22% ;?$ $% 2 $%:4,&:% <:B'% $% 2 4%)
85:<%2"2%)$%B5A<%2%+:,;<%430%;<'R%
3?:$,8+:*3%%<2)#$%5"",$%4<2%;54<
05?:'; 8: ?4 5"?2?; 852E25!' '<!2, ;?: 2%
3(3%35$&2%R
in
5?:"%Q<:,35,4%$%:4"%[%49?(<%<+'3<,9?%
:'*,542%]'*2,;%;*5<+,9?%;3':,$,542%;$?!;
4*?%$5"^O'$%2,4%OiqqqR
+<<8QZZCCCR8<:,35,4%[$%[
):4"%R5:*Z5%?B:%;Z:,"+%;;%;[mk[imlim[ihqipo[
ihjnij[jnnokkR+<32
175
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
iR%38:<;
jR*2,;%<,2,:%
kR+8%22%$%;8'4,<%4<;
[
"+8%22%%<2%"5?B%4<$%;
8'4,<%4<;Oio
?:8253!4< 2% B,%?D 85:< %< 2U4",%44% B,22%
$% &F%O 2 "+8%22% ;%:,< ! <,% ;?: 2% ;,<%
$U?4<%382%4<,9?%)54$'8:2%;*:%";R
4%8:%3,&:%'*2,;%)A<$U!5:$"54;<:?,<%;?:
"% ;,<% ? 5E%4[*% ]",<'% %4 pll^O 3,; 2%;
3?:; $% 2 "+8%22% 2%; 82?; 4",%4;
8:5B,%44%4< $% 2U'*2,;% :534% "54;<:?,<% ?
% ;,&"2%R % "%<<% '859?% 54< ;?:B'"? 2%
"+7?:O2U!;,$%;%3,[",:"?2,:%%<2%;$%:4,&:%;
<:B'%; $%; 3?:; $% 2 4%)R 4 3?B,; '<<O
2U'*2,;% '<' :%;<?:'% 8: 2%; 8'4,<%4<; ?
% ;,&"2%O 2 )#$% %< 2 85:<% )?:%4<
:%354<'%;?%;,&"2%R
[ 2%"+ <%?%<;548:"O
<,2),4$?%;,&"2%O2U%D<':,%?:$%2
B,22%;?:?4%4",%44%3'<,:,%O2%"+ <%?$%
,::$ '<,< 2 $%3%?:% $U?4% )3,22% $% 2
45!2%;;%25"2%O2)3,22%?:%<R
U?4% :"+,<%"<?:% :%2<,B%3%4< "2;;,9?%O ,2
%;< 5:*4,;' $% 34,&:% ;E3'<:,9?%O 2
34,&:%$%;B,22;822$,%44%;R2$,;85;%$U?4
!%2%;"2,%:"%4<:2%<$%052,%;8,&"%;B5A<'%;R
:58:,'<'$%23?4,",82,<'$%8?,;iqqmO,2%;<
$%B%4? ?4 2,%? $U%D85;,<,54;R 2 $,;85;% ?;;,
$U?4 8:" :!5:' 5?B%:< ? 8?!2," 254*?%?:
$U44'%R
[
lR+ <%?
mRD%382%$U,33%?!2%;
,<%,4;":,<
l
m
j
i
k
$%;,33%?!2%;:%3:9?!2%;R
io
5?:"%Q+<<8QZZCCCR$%"5?B%:<%klR"53Z+8%22%[$%;[
%4,<%4<;[%F%
176
5!,4b:!544%?Z"5B,Z3,%4?:E
"533?4% "538<% ?;;, $%?D 354?3%4<;
,4;":,<; 2U4B%4<,:% ?882'3%4<,:% $%;
54?3%4<;,;<5:,9?%;Q
[ 4<:54#54$%2,53,<,
% <:54#54 %;< %38:?4<' 8: 2% "+%3,4 :?:2
4dkq ;%:B4< $% 2,3,<% ?D <%::,<5,:%; $%;
"533?4%; $% 54<*4" %< ;<%24?[$%[
?%:;?45:$O$%&F%O53%:52;%<,4%<?
;?$O $%8?,; 2 :5?<% ini 0?;9?U? )5;;' $,<
$%54<2,;,:]?85,4<5@;%$:%;;%2!5:4%
3,22,,:%3:9?4<2%<:%4<%[",49?,&3%3,22%^R
[ %;B%;<,*%;:"+'525*,9?%;$?22;R
2;U*,<$%;:%;<%;$?"+%B%<$%2`'*2,;%5<:%[
3% $% 22;R %<<% '*2,;% $'8%4$,< $%
2`!!E%B%E:544,;%$%549?%;R
%;B%;<,*%;$<%:,%4<$?%;,&"2%R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
: ,22%?:;O 2 "533?4% !:,<% ?4 "%:<,4
453!:%$%! <,3%4<;$%9?2,<'9?,O!,%49?%
4% :%2%B4< 8; $% 8:5<%"<,54; 5? ;%:B,<?$%;
8:<,"?2,&:%;O
8:';%4<%4<
?4
,4<':(<
8<:,354,2"%:<,4Q
[ U'*2,;%,4<[:<,4$%?D
U'*2,;% ,4<[:<,4[$%[?D %;< ?4 ! <,3%4<
$ <4< $? % ;,&"2%R 2 ;U*,< $U?4% 8%<,<%
'*2,;%$%;<E2%:534,3824<'%;?:?4%!?<<%
;?:8253!4< 2 82,4% $? 45:$ $% 2U'<4* $%
+?O2U5?%;<$?<%::,<5,:%"533?42R
88:<%44< ?<:%)5,; 2U!!' $% ,4<[
?,2+%3[2%[';%:<O 2U'*2,;% "54;<,<?,< ?4%
'<8% ;?: 2% X3, 5?3,%?YO 2% "+%3,4
%38:?4<'8:2%;8&2%:,4;$%,4<["9?%;[$%[
5385;<%22%R
[ %;3;O)%:3%;%<8:58:,'<';B,<,"52%;
,;8%:;'; ;?: 2% <%::,<5,:% "533?42O $%
453!:%?;%; ! <,;;%; $% *:4$% 9?2,<'
8<:,354,2%;54<:%"%4;'%;Q$%;;,382%;3;
?D 82?; *:4$; $53,4%;O 5:*4,;'; ?<5?:
$U?4%3,;54!5?:*%5,;%5?$U?4"+ <%?R
177
5!,4b:!544%?Z"5B,Z3,%4?:E
"7 $/$0"187 6()8"8;6;>G /" K4"8)8
486)02)1"L
4 82?; $%; '$,),"%; :%3:9?!2%;O "533% $4;
!,%4 $%; !5?:*; 4",%4;O 2% "%4<:% $% &F% %;<
:,"+% $U?4% 3?2<,<?$% $U'2'3%4<; :"+,<%"<?:?D
5? :<,;4?D 9?, *:'3%4<%4< 2%; )#$%;
+,;<5:,9?%;R
%X8%<,<8<:,35,4%YO"5385;'$%;'2'3%4<;$%
3%4?,;%:,%;O $% )%::544%:,%; 5? $U5:4%3%4<<,54;
;<':'5<53,9?%;O;U,24U%;<"%:<%;8;"2;;'%4;5,<O
%;<?4)"<%?:"8,<285?:29?2,<'$U%4;%3!2%$%
2U%;8"%?:!,4R
e "7 0"1;)7"6)"7 2)7 S /";67 "1!6"0"187 "1
4)"66"7446")//$"7
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
)54"<,54; ;<:?"<?:%22%; ]'2'3%4<; 85:<%?:; %<
;<!,2,;4<; %4 8,%::%; y 2,4<%?D Z 03!*%;^R %;
'2'3%4<; <%"+4,9?%; 54< '<' <:B,22'; 85?:
"54)':%: 2U:"+,<%"<?:% ?4% "%:<,4% 9?2,<'
%;<+'<,9?%R %<<% 88:5"+% ;U%;< :%2<,B%3%4<
8%:$?% $4; 2 ;<4$:$,;<,54 9?U "544? 2% d
;,&"2% 3,; 3':,<%:,< ?4% :',4<%:8:'<<,54
"54<%385:,4%O<5?<?35,4;$4;2$'3:"+%R
5<54; 9?% 2U54 :%<:5?B% "% ;5,4 885:<' ?D
3%4?,;%:,%;?;;,!,%4%4B,22%9?%$4;2%;'$,),"%;
,;52';5?*:,"52%;R
%; 5?B%:<?:%; %< 2%?:; <:,<%3%4<; :"+,<%"<?:?D
;54< $%; '2'3%4<; $'<%:3,44<; $% 2U:"+,<%"<?:%
25"2%O <:4;":,B4< 2 )5,; ?4% "%:<,4%
!5?:*%5,;,% 85?: 2%; 3,;54; $% 3-<:%;O %< 2
)5,; ?4% %38:?4<% *:,"52% <:&; 8:';%4<%R 9?2,<' $%; 5?B:*%; 8:5B,%4< %4 8:<,% $%;
178
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
e"7&"66211"6)"7"8/"7/217H
%;
*:$%["5:8;
$%;
!2"54;
'<,%4<
<:$,<,544%22%3%4< :'2,;'; %4 )%: )5:*'; 5? %4
)54<% ;%254 2U'859?%R )54<% 4U88:-< 9?U
8:<,:$?d;,&"2%],:%,4$?;<:,%22%^%<:!5:%?4%
%D8:%;;,544'5!:59?%82?;"+:*'9?%2%)%:)5:*'
"2;;,9?%O 8:5B%44< %4 8:<,% $U'B52?<,54
;<E2,;<,9?%O%<%48:<,%$%8:5"'$';$%)!:,"<,54R
)54<% %;< "5?2'% $4; $%; 35?2%;O 25:; 9?% 2%
)%: )5:*' %;< <:B,22' :<,;42%3%4<O "% 9?,
%D82,9?%2$,))':%4"%%;<+'<,9?%R
e4)"66""1261"0"188)21H
179
5!,4b:!544%?Z"5B,Z3,%4?:E
e"7"186$"7-;0"/$"7G;1"468);/6)8$/2/"H
4; 2%; )?!5?:*;O 453!:%; $% 3,;54; $% B,22%
85;;&$%4< 2U%4<:'% $% 2U+!,<< 0?3%2'% B%" "%22%
$%; 4",%44%; :%3,;%;O ":'4< ?4 %4;%3!2%
<E8,9?% 8:<,"?2,%:R % 82?;O "%; ;'9?%4"%; ;54<
;5?B%4< ;E3'<:,9?%; $U?4% 3,;54 ?4% ?<:%O
5)):4<?48E;*%?:!,4$%:?%O5:,*,42R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
180
5!,4b:!544%?Z"5B,Z3,%4?:E
e"7"1!;)87!17/"75;68)"67()7826)5;"7H
:$,<,544%22%3%4<O ;?: 2%; "54;<:?"<,54; %4
8,%::%; 454 88:%,22'%; ]<5?< B%44<^O 2%;
%4$?,<; :%"5?B:4< 2%; )#$%; '<,%4< 2
"+?D %< 454 ? ",3%4<R 2; B,%4< $54" $%
3%,22%?:%; 8:58:,'<'; 8+E;,9?%;O 82?; %4
$'9?<,54 B%" 2 ",:"?2<,54 $% 2U%? 8:
"8,22:,<'R 4 %))%<O 2U%? "54<%4?% $4; 2%;
;52; ;U,4),2<:% $4; 2%; 3?: %< :%354<% 8:
"8,22:,<' 0?;9?U ?4% +?<%?: $U%4B,:54 i3
];%4;<,54$U+?3,$,<'^R <:B%:; ?4 %4$?,< 2"+?DO82?;85:%?DO%22%8%?<;U'B85:%:;?:
2U%D<':,%?:O 4U%4<:,44< 8; $U+?3,$,<'
,4<':,%?:% $%; 8,&"%;R ,;O ? d ;,&"2%O
;5?B%4< 85?: $%; :,;54; '"5453,9?%O 54 4U
8;;?3,4<%4,:"5::%"<%3%4<"%;%4$?,<;9?,
!,%4 ;5?B%4<O 54< '<' :%382"'; 8: $%;
%4$?,<; ? ",3%4< ]*:,;^ 9?, 54< !259?'
2U'B85:<,54 3?:2% %< ,4$?,< $%; 8:5!2&3%;
;?: 2%; :%B(<%3%4<; ,4<':,%?:; ]35,;,;;?:%;O
;28(<:%^R , $% ;?:":5-< 54 :05?<% 8: $%;;?;
?4% 8%,4<?:% 85?: $544%: $% 2 "5?2%?:O
2U'<4"+',<' $? 3?: $%B,%4< <:58 ,385:<4<%O
"%9?,**:B%%4"5:%"%8+'453&4%R
5?: 3,4<%4,: %4 !54 '<< "% 8<:,35,4%O ,2
"54B,%4< $% )B5:,;%: 2U%3825, $U%4$?,<; 2
"+?DO 85?B4< (<:% <%,4<'; $% 34,&:%
4<?:%22%]8,*3%4<;3,4':?D^R
y%;<%,4<%;5":%;8':%44,;%:Q
6# /*6
6#691
y%;<%,4<%;*:,;%;8':%44,;%:Q
6*7 /*6
6*7%821
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
6#M-91#
6#M629(#
6*7078* 181
5!,4b:!544%?Z"5B,Z3,%4?:E
4),4O 2 "533?4% $% &F% 4% "538<% 8;
35,4; $% iki ;,<%; :"+'525*,9?%; :%"%4;';
8: 2% %:B,"% '*,542 $% 2U:"+'525*,%O
8:';%4<';$4;2%<!2%?",[8:&;%<25"2,;';
;?:2":<%",["54<:%R
Q 2%; ;,<%; 4dnm 4dikh ;54< $%; 4?3':5;
$'0;,<?';;?:2":<%O,2;"5::%;854$%4<$%;
;'9?%4"%;"+:54525*,9?%;R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
182
E4%:*,%;%::,<5:,2%;Z"5B,Z3,%4?:E
;0$62!"/R
klimohhhi
klimohhhi
klimohhhj
klimohhhk
klimohhhl
klimohhhm
klimohhhm
klimohhhn
klimohhhn
klimohhho
klimohhhp
klimohhhq
klimohhhq
klimohhih
klimohhii
klimohhij
klimohhij
klimohhij
klimohhik
klimohhil
klimohhim
klimohhin
klimohhio
klimohhip
klimohhiq
klimohhjh
klimohhji
klimohhji
klimohhjj
klimohhjj
klimohhjk
klimohhjl
klimohhjm
klimohhjm
klimohhjm
klimohhjn
klimohhjo
20"8M2;!6"77"
O
N
O
O
[O
Z
Z
Z
[
$;8!R886);8)21(6212/2')5;"
*%$?!:54F%),42
*%$?!:54F%),42
?<[%38,:%
?<[%38,:%
?<[%38,:%
'8?!2,9?%
'8?!2,9?%
225[:53,4
225[:53,4
225[:53,4
:%3,%:*%$?)%:
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
'52,<+,9?%),42
;[%38,:%
;[%38,:%
;[%38,:%
'52,<+,9?%:'"%4<
:%3,%:*%$?)%:
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
?<[%38,:%
?<[%38,:%
5E%4[ *%
:%3,%:*%$?)%:
:%3,%:*%$?)%:
;[%38,:%
;[%38,:%
:%3,%:*%$?)%:
?<[%38,:%
?<[%38,:%
?<[%38,:%
?<[%38,:%
'8?!2,9?%
;35E%4[ *%
PLU
,22%$%\':?2<\U
,*45;<,""533?42\hi3:;jhii
)1!R886);8)21(6212/2')5;"
*%$?!:54F%),42
*%$?!:54F%),42
;[%38,:%
?<[%38,:%
?<[%38,:%
;[%38,:%
;[%38,:%
225[:53,4
225[:53,4
225[:53,4
:%3,%:*%$?)%:
;[%38,:%
;[%38,:%
;[%38,:%
'52,<+,9?%),42
;[%38,:%
;[%38,:%
;[%38,:%
'52,<+,9?%),42
%"54$*%$?)%:
?<[%38,:%
?<[%38,:%
;[%38,:%
;[%38,:%
;[%38,:%
5E%4[ *%
:%3,%:*%$?)%:
:%3,%:*%$?)%:
;[%38,:%
;[%38,:%
:%3,%:*%$?)%:
;[%38,:%
?<[%38,:%
?<[%38,:%
?<[%38,:%
;[%38,:%
859?%35$%:4%
"78)'"7
",3%<,&:%
,4",4':<,54
! <,3%4<
%D825,<<,54*:,"52%
5""?8<,54
$'86<5,:
5""?8<,54
",3%<,&:%
,4+?3<,54
5""?8<,54
5""?8<,54
35;.9?%
B,22
B,22
+!,<<
",3%<,&:%
,4+?3<,54
;:"58+*%
+!,<<
588,$?3
5""?8<,54
!5:4%3,2,,:%
%D825,<<,54*:,"52%
B,22
B,22
;,25
5""?8<,54
;'8?2<?:%
",3%<,&:%
,4+?3<,54
5""?8<,54
5""?8<,54
$'86<5,:
)5;;'
5""?8<,54
%D825,<<,54*:,"52%
! <,3%4<
183
E4%:*,%;%::,<5:,2%;Z"5B,Z3,%4?:E
klimohhjp
klimohhjq
klimohhkh
klimohhki
klimohhki
klimohhki
klimohhkj
klimohhkk
klimohhkl
klimohhkm
klimohhkn
klimohhko
klimohhkp
klimohhkp
klimohhkq
klimohhlh
klimohhli
klimohhlj
klimohhlk
klimohhll
klimohhlm
klimohhln
klimohhlo
klimohhlp
klimohhlq
klimohhmh
klimohhmi
klimohhmi
klimohhmj
klimohhmk
klimohhml
klimohhmm
klimohhmn
klimohhmo
klimohhmp
klimohhmq
klimohhnh
klimohhni
[
]i^
j]^
k]^
`
i
Z
j
?<[%38,:%
'52,<+,9?%:'"%4<
'52,<+,9?%:'"%4<
'52,<+,9?%35E%4
'52,<+,9?%35E%4
'52,<+,9?%35E%4
'52,<+,9?%),42
'52,<+,9?%),42
'52,<+,9?%4",%4
'52,<+,9?%:'"%4<
'52,<+,9?%:'"%4<
'52,<+,9?%:'"%4<
'52,<+,9?%:'"%4<
'52,<+,9?%:'"%4<
'52,<+,9?%:'"%4<
'52,<+,9?%:'"%4<
%"54$*%$?)%:
?<[%38,:%
?<[%38,:%
:%3,%:*%$?)%:
?<[%38,:%
'52,<+,9?%4",%4
;[%38,:%
'8?!2,9?%
'52,<+,9?%4",%4
?<[%38,:%
?<[%38,:%
?<[%38,:%
225[:53,4
'52,<+,9?%35E%4
:%3,%:*%$?)%:
:%3,%:*%$?)%:
'52,<+,9?%:'"%4<
*%$?!:54F%),42
'8?!2,9?%
;[%38,:%
'52,<+,9?%),42
'8?!2,9?%
PLU
,22%$%\':?2<\U
,*45;<,""533?42\hi3:;jhii
;[%38,:%
'52,<+,9?%),42
'52,<+,9?%),42
'52,<+,9?%35E%4
'52,<+,9?%35E%4
'52,<+,9?%35E%4
'52,<+,9?%),42
'52,<+,9?%),42
'52,<+,9?%),42
'52,<+,9?%),42
'52,<+,9?%),42
'52,<+,9?%),42
'52,<+,9?%),42
'52,<+,9?%),42
'52,<+,9?%),42
'52,<+,9?%),42
'8?!2,9?%
?<[%38,:%
;[%38,:%
%"54$*%$?)%:
?<35E%4[ *%
'52,<+,9?%),42
;[%38,:%
?<[%38,:%
'52,<+,9?%),42
;[%38,:%
?<[%38,:%
?<[%38,:%
225[:53,4
'52,<+,9?%35E%4
%"54$*%$?)%:
%"54$*%$?)%:
'52,<+,9?%),42
*%$?!:54F%),42
;[%38,:%
;[%38,:%
'52,<+,9?%),42
'8?!2,9?%
! <,3%4<
5""?8<,54
5""?8<,54
,4+?3<,54
;'8?2<?:%
B,22*%
+!,<<
5""?8<,54
5""?8<,54
B,22*%
5""?8<,54
5""?8<,54
5""?8<,54
B,22*%
5""?8<,54
5""?8<,54
)%:3%
%D825,<<,54*:,"52%
%D825,<<,54*:,"52%
+!,<<
%D825,<<,54*:,"52%
+!,<<
5""?8<,54
%D825,<<,54*:,"52%
+!,<<
+!,<<
:%2,;:5?<,%:
B,22
5""?8<,54
5""?8<,54
5""?8<,54
5""?8<,54
+!,<<
5""?8<,54
5""?8<,54
5""?8<,54
B,22*%
B5,%
184
E4%:*,%;%::,<5:,2%;Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\hi3:;jhii
klimohhnj
klimohhnk
klimohhnk
klimohhnk
klimohhnl
klimohhnm
klimohhnm
klimohhnn
klimohhnn
klimohhnn
klimohhnn
klimohhnn
klimohhno
klimohhnp
klimohhnq
klimohhoh
k
[
[
]i^
'8?!2,9?%
5E%4[ *%"2;;,9?%
5E%4[ *%"2;;,9?%
5E%4[ *%"2;;,9?%
'52,<+,9?%),42
*%$?!:54F%),42
*%$?!:54F%),42
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
'52,<+,9?%:'"%4<
'52,<+,9?%),42
'52,<+,9?%),42
:%3,%:*%$?)%:
'8?!2,9?%
859?%35$%:4%
859?%35$%:4%
859?%35$%:4%
'52,<+,9?%),42
*%$?!:54F%),42
*%$?!:54F%),42
;[%38,:%
;[%38,:%
;[%38,:%
;[%38,:%
;[%38,:%
'52,<+,9?%),42
'52,<+,9?%),42
'52,<+,9?%),42
:%3,%:*%$?)%:
klimohhoi
O
5E%4[ *%
5E%4[ *%
klimohhoj
klimohhoj
klimohhok
klimohhok
klimohhol
klimohhom
klimohhon
klimohhon
klimohhoo
klimohhop
klimohhop
klimohhoq
klimohhph
klimohhph
klimohhpi
klimohhpj
klimohhpk
klimohhpl
klimohhpl
klimohhpm
O
O
O
5E%4[ *%"2;;,9?%
5E%4[ *%"2;;,9?%
225[:53,4
225[:53,4
'52,<+,9?%4",%4
5E%4[ *%"2;;,9?%
?<[%38,:%
?<[%38,:%
;[%38,:%
?<[%38,:%
?<[%38,:%
5E%4[ *%
*%$?)%:
*%$?)%:
'52,<+,9?%),42
*%$?!:54F%4",%4
:%3,%:*%$?)%:
5E%4[ *%
5E%4[ *%
5E%4[ *%"2;;,9?%
;35E%4[ *%
;35E%4[ *%
5E%4[ *%
5E%4[ *%
'52,<+,9?%),42
5E%4[ *%"2;;,9?%
?<[%38,:%
?<[%38,:%
;[%38,:%
;[%38,:%
;[%38,:%
5E%4[ *%
':,5$%:'"%4<%
':,5$%:'"%4<%
'52,<+,9?%),42
*%$?!:54F%4",%4
%"54$*%$?)%:
5E%4[ *%
5E%4[ *%
5E%4[ *%"2;;,9?%
B5,%
%;8"%)5:<,),'
:%38:<
B,22*%
+!,<<
",3%<,&:%
,4",4':<,54
$:,4*%
)5;;%
)5;;'
<:"%*:,:%
B5,%
$523%4
%4"%,4<%
+!,<<
)5;;%
<%2,%:$%<%::%"?,<%
:"+,<%"<?:2%
"+8%22%
B,22*%
'$,),"%8?!2,"
'*2,;%
+!,<<
B,22*%
",3%<,&:%
,4",4':<,54
+!,<<
!;;,4
+!,<<
5""?8<,54
",3%<,&:%
,4+?3<,54
+!,<<
+!,<<
5""?8<,54
",3%<,&:%
,4+?3<,54
! <,3%4<
185
E4%:*,%;%::,<5:,2%;Z"5B,Z3,%4?:E
klimohhpn
klimohhpo
klimohhpp
klimohhpp
klimohhpp
klimohhpq
klimohhqh
klimohhqi
klimohhqj
klimohhqk
klimohhql
klimohhqm
klimohhqn
klimohhqn
klimohhqo
klimohhqp
klimohhqp
klimohhqq
klimohihh
klimohihh
klimohihi
klimohihi
klimohihj
klimohihk
klimohihk
klimohihl
klimohihl
klimohihl
klimohihm
klimohiho
klimohiho
klimohiho
klimohiho
klimohiho
klimohiho
klimohihp
klimohihq
klimohiii
i
O
[O
[O
[O
[
[
5E%4[ *%"2;;,9?%
;35E%4[ *%
;35E%4[ *%
;35E%4[ *%
;35E%4[ *%
:%3,%:*%$?)%:
'8?!2,9?%
?<35E%4[ *%
'52,<+,9?%4",%4
?<35E%4[ *%
*%$?!:54F%
%"54$*%$?)%:
?<35E%4[ *%
?<35E%4[ *%
?<[%38,:%
5E%4[ *%
5E%4[ *%
5E%4[ *%"2;;,9?%
'52,<+,9?%),42
'52,<+,9?%),42
:%3,%:*%$?)%:
:%3,%:*%$?)%:
:%3,%:*%$?)%:
5E%4[ *%
5E%4[ *%
?<35E%4[ *%
?<35E%4[ *%
?<35E%4[ *%
859?%35$%:4%
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
5E%4[ *%"2;;,9?%
5E%4[ *%"2;;,9?%
?<[%38,:%
PLU
,22%$%\':?2<\U
,*45;<,""533?42\hi3:;jhii
859?%35$%:4%
;35E%4[ *%
859?%35$%:4%
859?%35$%:4%
859?%35$%:4%
%"54$*%$?)%:
;[%38,:%
5E%4[ *%"2;;,9?%
'52,<+,9?%),42
?<35E%4[ *%
*%$?!:54F%
%"54$*%$?)%:
5E%4[ *%"2;;,9?%
5E%4[ *%"2;;,9?%
;[%38,:%
5E%4[ *%
5E%4[ *%
859?%35$%:4%
*%$?!:54F%4",%4
*%$?!:54F%4",%4
:%3,%:*%$?)%:
:%3,%:*%$?)%:
:%3,%:*%$?)%:
':,5$%:'"%4<%
':,5$%:'"%4<%
859?%35$%:4%
859?%35$%:4%
859?%35$%:4%
859?%35$%:4%
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
5E%4[ *%"2;;,9?%
;35E%4[ *%
?<[%38,:%
'*2,;%
",<%:4%
! <,3%4<
'$,),"%)5:<,),'
:%38:<
+!,<<
%D825,<<,54*:,"52%
B,22*%
5""?8<,54
+3%?
+!,<<
+!,<<
+!,<<
35<<%";<:2%
%D825,<<,54*:,"52%
",3%<,&:%
,4+?3<,54
"+8%22%
+!,<<
;,25
%4"25;)?4':,:%
;'8?2<?:%
5""?8<,54
",3%<,&:%
,4+?3<,54
",3%<,&:%
,4+?3<,54
354;<&:%
;'8?2<?:%4,32%
"?B%
)5;;%
5""?8<,54
8?,<;%?
;,25
<:5?$%85<%?
+!,<<
",<%:4%
)5;;'
186
E4%:*,%;%::,<5:,2%;Z"5B,Z3,%4?:E
klimohiii
klimohijm
klimohijn
klimohijo
klimohijp
klimohijp
klimohijp
klimohijq
klimohikh
klimohikh
klimohiki
klimohikj
klimohikj
klinjhhnl
?<[%38,:%
':,5$%:'"%4<%
5E%4[ *%"2;;,9?%
5E%4[ *%"2;;,9?%
?<[%38,:%
?<[%38,:%
?<[%38,:%
5E%4[ *%"2;;,9?%
859?%35$%:4%
859?%35$%:4%
;[%38,:%
'8?!2,9?%
'8?!2,9?%
'8?!2,9?%
PLU
,22%$%\':?2<\U
,*45;<,""533?42\hi3:;jhii
?<[%38,:%
':,5$%:'"%4<%
859?%35$%:4%
859?%35$%:4%
?<[%38,:%
?<[%38,:%
?<[%38,:%
859?%35$%:4%
859?%35$%:4%
859?%35$%:4%
?<35E%4[ *%
?<[%38,:%
?<[%38,:%
?<[%38,:%
<:"%*:,:%
45:,
"+8%22%
'*2,;%
"54;<:?"<,54
%4"25;)?4':,:%
5""?8<,54
"5?B%4<
$%3%?:%
0:$,4
%D825,<<,54*:,"52%
,4",4':<,54
;'8?2<?:%
B5,%
187
y:,*,4%;
% 8:%3,%: '2%B%: $%; "59?,22*%; $4;
2`'<4* $% +? '<' <,%4 ),<%
5:,*,4,:% $`:""+54R 2 B,< "533%4"'
; "?2<?:% $4; 2%; "4?D $% &<% B%:;
ipom 3,; ,2 $?< 2 $'82"%:R 4 iqhpO ,2
,4;<22;54'2%B*%2`?%;<$%5?F,*?%;
;?:2%;:,B%;$?54";R
%; 8("+%?:;O $`!5:$ :'<,"%4<;O ": ,2; ;%
2,B:,%4< 2 8("+% $? "59?,22*% %< $?
85,;;54 ;?: <5?< 2`'<4* $% +?O ),4,:%4<
8: $58<%: "%<<% 45?B%22% "<,B,<'
$`'2%B*%$%;"59?,22*%;R
?05?:$U+?,O %4B,:54 jnh "54"+E2,"?2<%?:;
;54< :%"%4;'; &F%R U+?,<:% ":%?;%
"54;<,<?% 2 8:,4",82% 8:5$?"<,54 $%;
%D825,<4<;R
%8?,;2%;44'%;iqphO548?;;,;<%:
?4%3?<<,54$%2U"<,B,<'"54"+E2,"52%;?:
2% !;;,4 $% +?O 2,'% 2 3'"4,;<,54
$%; 35E%4; $% 8:5$?"<,54 3,; ?;;, 2U88:,<,54$%45?B%22%;45:3%;;4,<,:%;
%?:58'%44%;%4*%4$:4<235$%:4,;<,54
%< 2 :%)54<% $%; 3; "54"+E2,"52%; ,4;,
$%45?B%22%;8:<,9?%;R
y&F%Q
,385:<4<%
"<,B,<'
85:<?,:%
%;9?<:%;,<%;85:<?,:%;$%2533?4%
$% &F% <'35,*4%4< $% 2 )5:<% ;E4%:*,%
%4<:% 2U+533% %< 2 2*?4%R , $%?D
$U%4<:%%?D54<?4%B5"<,5482?<6<2,'%
2 4B,*<,54 $% 82,;4"% 2 8("+%O 2%;
;,<%; $% 2 5?::% 24"+% ,4;, 9?% $%;
35?<5?; ;% ;54< ;8'",2,;'; $4; 2
"?2<?:% $% "59?,22*%; ]3E<,2,"?2<?:% %<
5;<:',"?2<?:%^R
,<?';<5?;$%?D??$$%2"533?4%$%
&F%O "%; $%?D ;,<%; "54"+E2,"52%;
8:';%4<%4<"+"?4?4%,$%4<,<'8E;*&:%
%<:"+,<%"<?:2%8:58:%R
%85:<$%25?::%24"+%<'35,*4%$%
2 35$%:4,;<,54 $% 2 8:<,9?%R 4 %))%<O
2 $,;8:,<,54 $%; 254*; 854<54; ? 8:5),<
$%; 85:<,9?%; 824 ;?: 3545:,2O
"54)&:% "% 8%<,< XB,22*% $% 3;
"54"+E2,"52%;Y?4,:$%B,22*%)25<<4<R
% ;,<% $%; 35?<5?; 9?4< 2?, $'":,<
?4% 8:<,9?% $% $'"+:*%3%4< 82?;
4",%44%R%;!<%?D;54<;5:<,;$%2U%?
*: "%?D85:<,9?%;$%$'"+:*%3%4<8?,;
85;'; ;?: :,2; 2% 254* $%; 854<54;O B4<
$U(<:%$'"+:*';2U,4<':,%?:$%;"!4%;R
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
y%5?::%24"
189
5!,4b:!544%?Z"5B,Z3,%4?:E
U%;< 2 35$%:4,;<,54 $% 2 8:<,9?% $?
$'"+:*%3%4<9?,!5?<,<"%<<%)5:3%
$U5:*4,;<,54$?! <,<Q
:"% ?D 854<; :5?24<;O 2%; !<%?D
8%?B%4<$';5:3,;:%;<%:9?,;25:;9?%
2% "+:*%3%4< $% "59?,22*%; %;<
$,:%"<%3%4<<:4;)':'$4;2%;+4*:;$%
<:,R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
% 45?B%? 8:5"'$' $% $'"+:*%3%4< 3%4' "%<<% 5:*4,;<,54 2,4',:% $%;
+4*:;2%254*$%;9?,;R
%;<%2,%:;x,4<%:)"%! <,%%4<:%<%::%%<
2*?4%R4$54"?4%4"6"48)21!2;/"O
9?%2U54;5,<$U?4"5<'5?$%2U?<:%O;?:2
:?%O5?;?:2%;9?,;R
5<'9?, Q$%;%;8"%;<:%;5?B%:<;
4 8:%3,%: 824 "5385;' $%; 85:<,9?%;
$% $'"+:*%3%4< %< 854<; :5?24<; Z
24**% ,4$?;<:,%2O ;<:?"<?:%; 3'<22,9?%;
$%"5?2%?:;:5?,22%R5?;2%;85:<,9?%;54<
w 5? 35,4; 2% 3(3% *!:,<O "% 9?, ":'%
?4% "%:<,4% ?4,<'Z ?4,)5:3,<' $4; 2
"5385;,<,54:"+,<%"<?:2%$%;9?,;R
%?D,&3% 824Q ! <, :%2<,B%3%4<
+535*&4% ]+?<%?:; $%; +4*:;O
),<*%;O 3<':,?D 3#544';O ?B%4<;O
88:%,2;$%$'"+:*%3%4<O"5?2%?:;S^
yyy %:"%8<,54 "5382%D% $U%;8"%; %<
3,":5[%;8"%; <:&; 5?B%:<; 2%; ?4; ;?: 2%;
?<:%;R ;8"%; 3:9?'; 8: B%:<,"2,<';
,;;?; $%; 85:<,9?%; 3'<22,9?%; w 85<%?D
3#544';$%;?B%4<;R
?B%:<?:%Z"533?4,"<,54 B,;?%22% ;?:
<5?; 2%; %;8"%; $% $'"+:*%3%4< 9?%
2U54;5,<$U?4"5<'5?$%2U?<:%$%;9?,;R
B5"<,54 $% B,22*% )25<<4<R '%22%
,$%4<,<':"+,<%"<?:2%%<8E;*&:%R
5<':?%Q$%;%;8"%;+%:3'<,9?%;
%8?,; 2 :5?<% 2U2,*4%3%4< w %D<:(3%
8:5D,3,<' $%; +4*:; ":'% ?4 ):54< ! <,<
190
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
9?, 5""?2<% 2 B,;,54 $%; "<,B,<';
8:<,9?'%;P 54 4% ;% $5?<% 8; 9?%
$%::,&:%O ;?: 2%; 9?,; ?4% <%22% "<,B,<'
8?,;;%;UE$':5?2%:O4,3(3%9?%"U%;<?4
85:<R
U+535*'4',<' :"+,<%"<?:2% $%; +*:$;
$544% 82?<6< 2U,38:%;;,54 $U?4% $%;;%:<%
$%25<,;;%3%4<R
191
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
y%;35?<5?;
192
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
193
5!,4b:!544%?Z"5B,Z3,%4?:E
%; 35?<5?; <'35,*4%4< $U?4% 8:<,9?% $%
$'"+:*%3%4<82?;4",%44%R%;!<%?D;54<
"+%3,4'; 0?;9?% $4; 2%; "!4%; $% <:,
B4<$UE(<:%$'"+:*';R%;<"%9?,%D82,9?%
2 8:';%4"% $% 854<54; ;?: 8,25<,; %< $%
82<%)5:3%;;?::,2R
%; "54;<:?"<,54; <E8,9?%; ;<:?"<?:%4< %<
:E<+3%4< 2% 8E;*% <:B%:; ?4 $,25*?%
%4<:% +5:,F54<2,<'; ]2,*4%3%4< $? ! <,O
854<54;O :,2;O ;?:)"% $% 2U'<4*OS^ %<
B%:<,"2,<'; 854"<?%22%; ]8,25<,;O ;<:?"<?:%;
3'<22,9?%; $%; 85:<,9?%;O <!2%; $U'2%B*%^S
% 9?, "54)&:% "% ;,<% ?4% ,$%4<,<'
8:<,"?2,&:%R <62%O 2% 3'<2 :5?,22' $%;
;<:?"<?:%;O 2% !5,; ?;' 8: 2% ;%2O 2
$'<':,5:<,54$%"%:<,4;854<54;O%<2%"23%
9?, ;% $'**% $% "% 2,%? ;54< ?<4< $%
)"<%?:; 9?, ":'%4< ?4 ?4,B%:; ?4,9?% %<
85'<,9?%8:%;9?%,::'%2R
%8?,;2:,B%O2%;854<54;5:,%4<%4<2B,;,54O
"533% ?4% ,4B,<<,54 B%:; 2U+5:,F54P ? !5?<
2%; 85:<,9?%; ;%3!2%4< 45?; 8:585;%: 2%
"$:*% $U?4 8E;*% 25,4<,4R ;?:)"% $%;
%?D "23%; $% 2 2*?4% ;% <:4;)5:3% 25:;
%4 3,:5,:O %D"%:!4< %4"5:% 2 !%?<' $%
"%<<%"5385;,<,548E;*&:%R
533%2%85:<$?5?::%24"O2%8:"%22,:%
8:';%4<% ?4% 5:*4,;<,54 2,4',:% $%;
"!4%;O "% 9?, ":'% ?4 ):54< ! <,< "54<,4?
)"% 2U'<4*R %8%4$4<O "54<:,:%3%4< ?
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;,<% "54"+E2,"52% 8:'"'$%4<O "+9?% "!4%
%;<$,))':%4<%R4<:5?B%,",?4%3?2<,82,",<'$%
3<':,?DO$%*!:,<;%<$%"5?2%?:;R%!5,;O
2<62%O2%!'<54O2<?,2%O3,;?;;,2%3'<2%<
; :5?,22% E ;54< 2%; 3<':,?D 2%; 82?;
:%3:9?!2%;R %<<% +'<':5*'4',<' $%;
"54;<:?"<,54; %;< ":"<':,;<,9?% $% 2U,$%4<,<'
:"+,<%"<?:2%%<8E;*&:%$%;35?<5?;R
<:B%:; ?4% !4$% $% B'*'<<,54O 85?:
$'"5?B:,:2%;,<%$%;35?<5?;%<;548E;*%
2*?4,:%<:&;5?B%:<R
U"<,B,<' "54"+E2,"52% ;%3!24< 8':,"2,<%:O
"%:<,4%; "!4%; %< 854<54; 4% ;54< 82?;
%4<:%<%4?;O 2,;;'; 2U!4$54O B5,: 3(3%
"5382&<%3%4< %4 :?,4% 85?: "%:<,4%;R
5?:<4<O "%; ,4;<22<,54; <:$,<,544%22%;
":'%4<?48E;*%<E8,9?%%<"54;<,<?%4<85?:
2 "533?4% $% &F% ?4% ,$%4<,<' %< ?4
8<:,35,4% :"+,<%"<?:2 %< 8E;*%: 8:5<'*%:%<:%B25:,;%:R
4% $%; 8:<,"?2:,<'; $% "% ;,<%O ?;;, :';,$%
$4; 2% ),< 9?U,2 %D,;<% ?4% $,))':%4"% $%
4,B%?%4<:%2U""&;?;,<%<:B%:;2%;B,*4%;
%<2%;,4;<22<,54;"54"+E2,"52%;%4"54<:%!;R
,4;,O ,2 )?< <<%4$:% 2% $%:4,%: 353%4<O
9?4$ 2% "+%3,4 "533%4"% $%;"%4$:% 194
5!,4b:!544%?Z"5B,Z3,%4?:E
; , (&)%&'-, #,,., % %(#
:,.(!&'--.'+'#,&
'(/=>N*XVW\
4'"%;;,<'$%8:';%:B%:2%;%;8"%;*:,"52%;O
4<?:%2; %< )5:%;<,%:; $U?4% %D<%4;,54 32
3-<:,;'% $% 2U?:!4,;<,54 %;< ?05?:$U+?,
:%"544?%R
4 %))%<O 2% $'B%2588%3%4< ?:!,4 8:
%D<%4;,54 ;U58&:% 8: $'),4,<,54 ? $'<:,3%4<
$%"%<E8%$U%;8"%;9?%2%$5,<"54"5?:,:
8:5<'*%:R
2 ;U*,< 25:; $% "54;,$':%: 2 85;;,!,2,<'
$U;;?:%:2%$'B%2588%3%4<?:!,4%42,3,<4<
2%;
%D<%4;,54;O
%4
8:,B,2'*,4<
2%
:',4B%;<,;;%3%4< $%; %;8"%; ! <,; $'0
"54;<,<?';R
4 <%:3%; $U+!,<<O 2U"":5,;;%3%4< $%;
"8",<';$U""?%,2$%;%;8"%;! <,;%D,;<4<;
8%?< ;U88?E%: %;;%4<,%22%3%4< ;?: $%?D
*:4$;8:,4",8%;$?:%45?B%22%3%4<?:!,4Q
•
•
$%4;,),"<,54
3?<<,54
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
e "7 4)8$7 !" !"17)&)8)21 !"7 "74"7
8)7
"533?4% 8:';%4<% 8%? $U5885:<?4,<'; $%
$%4;,),"<,54 $%; %;8"%; $'0 ?:!4,;';O 8:
"53!2%3%4< $%; $%4<; ":%?;%; %< 8:
"":5,;;%3%4< $%; "8",<'; $%; 8:"%22%;
! <,%;R 4 %))%<O 2%; $%4;,<'; 5!;%:B'%; $4;
2%; $,))':%4<; <E8%; $% <,;;? ]")R kR XR %;
%;8"%;+!,<';Y^;54<:%2<,B%3%4<$%4;%;%<
4% 8:';%4<%4< $54" 8; $% 85;;,!,2,<';
;?882'3%4<,:%;R
%<,;;?$?X"%4<:%+,;<5:,9?%Y%;<<:&;$%4;%
]iim 25*%3%4<; Z +%"<:%;^ %< :%8:';%4<%
3(3% ?4 +4$,"8 2 9?2,<' $% B,%O 2%
349?%$U%;8"%;%D<':,%?:;<4<8?!2,";9?%
8:,B'; ;% ),< :%;;%4<,:O %< 2%; :%F[$%["+?;;'%
;54< $% 82?; %4 82?; ):'9?%33%4<
<:4;)5:3';%425*%3%4<;O"%9?,8&;%;?:2%;
"54<:,4<%;$%;<<,544%3%4<;%<8:5B59?%?4
,38"< 4'*<,) ;?: 2%; "<,B,<'; "533%:",2%;
%< 2 3,D,<'R % ;%"<%?: 85?::,< "54<::,5
88%2%:?4%$'$%4;,),"<,54R
% <,;;? $%; )?!5?:*; 8:';%4<% $%; %;8"%;
454 ! <,; ;5?; )5:3% $% 0:$,4; %4 "5%?:
$U-25<; 9?U,2 "54B,%4< $% 2,;;%: %4 2U'<< 85?:
$%; "54;,$':<,54; $U88:58:,<,54 $%;
%;8"%; %D<':,%?:; %< $U+535*'4',<'
:"+,<%"<?:2%R
4),4O 2% <,;;? 8B,22544,:% 5;",224< %4<:% im
%< jh 25*%3%4<; 2U+%"<:%O 4% 8:';%4<% 9?%
8%? $% 85;;,!,2,<'; $% $%4;,),"<,54 ? B?% $%
2)5:3%?:!,4%"5385;'%$%3,;54;%4:%F[
$%["+?;;'% ;?: $%; 8:"%22%; :%2<,B%3%4<
35$%;<%;]%4<:%jmh%<mhh3j^R
%8%4$4<
2U*%4"%
,4<%:"533?42%
$U?:!4,;3% %< $U3'4*%3%4< $% 2
533?4?<'$%533?4%$?5:$$?;;,4
$% +? ]^ <:B,22' ;?: 2%;
85<%4<,2,<'; $% $%4;,),"<,54 $%; %;8"%;
! <,; ]:%45?B%22%3%4< ?:!,4^ "5?:4< jhim
$4; 2 X45<% ;?: 2%; 85<%4<,2,<'; $%;
:%2,9?<;$%<%::,4;%4**253':<,54YR
%;"54"2?;,54;;54<2%;;?,B4<%;Q
8 $", ! ,#! !" ! $ "!!# $ ( 7%", # ! # " !
" #%!!" #"!" #"# " !!","#"# 5
C>@ #""#!#7
#"", " $# ,#" + *! "$! " $ ! ! # " !
$ !5!"" "2-!7
!(! 27# !!",#
" 5
"" $", &! # 195
5!,4b:!544%?Z"5B,Z3,%4?:E
""#"2!," ,$"
"! $! ,, ,! " "! !# !",! "#!5 $
! ! #"# ! # " ! # !# 2 #
"GA!" ""$!
! ! # " ! !" #"# ,!
!!5
"& $!, ! !
#"!" !"7$# #,
# #, !# ! 7# !
+ & 7$ >E= ?:
#" # "2 # " # $"
2 !! ! # #5 6
!!#! # % %!"" ( +' #
# " # # # # # #!" ""7,5
$"" ! """,! !" !#$"5
# 7" H >2 #! 7$! !
"#! !)"!2#
,( ,#" !# @D?= ? ( @?F=
?5 " # !# & !
! >E= ?2 #! $! ( >E
"!5
- ! # 7" H? $
#!# &! !?==?
7.C"!5
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
!""",! #$"# 6!# 196
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
# " !" ( )" 2 7. > "5 "
" "" !# ! ! AE
"?@2 !"##"!AD=E?
?@3"#",# !>E@B?
7" ,! $, H>C5 !" ?ED@ ?2 # "## ! !# ! !>E=? ">C"!5
# 7" HB2 # ! !" # !7!" #"# C"!5
;5"#6
$"59
# 7" H @2 # ! ,#" ! !"+ ! ! ! #
"BDA!" #"; !# ""!!"#"!
! @B <2 !" # !# 7$ ?E== ? !# # #! $! ( >A
"! $ # !# & !?==?5
# 7" H A 4 !8!# 95AE,",
$!, " ! !5 ! #% ,(
,$ ,!"#(!" #"
"! ;( ! 7# <2 !#
&#5 *%4"% 4<%:"533?42% $U:!4,;3% %<
$U3'4*%3%4< $% 2 533?4?<' $% 533?4%
$? 5:$ $? ;;,4 $% +? ]^O 5<% $? jn
?,4jhimR
e"74)8$7!"0;88)21!"7"74"78)7
?"?4%;8"%! <,$%2"533?4%4%8:';%4<%
$% "8",<' $% 3?<<,54O 2U%D"%8<,54
$U4",%4; +4*:; %< "538<5,:; 85:<?,:%;
,;;?; $% 2U"<,B,<' $% "533%:",2% $? ;,&"2%
$%:4,%:R%8%4$4<O2%%4B,*?%?:,4<%:$,<
2 82?8:< $%; 85<%4<,%22%; :'+!,2,<<,54; %4
25*%3%4<;R
197
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
e 4)8$7 !" 788)211"0"18 !"7 =$();/"7
02826)7$7"8/"74277))/)8$7!"0;8;/)78)21
*%;<,54 '"5453% $% 2U%;8"% 8;;% ?;;, 8:
?4%3-<:,;%:%4)5:"'%$%;;<<,544%3%4<;R
4; ?4 ;5?", $% 3-<:,;% $% 2 "54;533<,54
$U%;8"%O 2% 8:';%4< :885:< $% 8:';%4<<,54
'<!2,< ?4 ,4B%4<,:% $%; "8",<'; $%
;<<,544%3%4<5?B%:<%;?8?!2,"R
U:<,"2% Rimi[l $? "5$% $% 2U?:!4,;3% ,4$,9?%
9?%2%:885:<$%8:';%4<<,54$:%;;%"%<%))%<X
?4 ,4B%4<,:% $%; "8",<'; $% ;<<,544%3%4< $%
B'+,"?2%; 35<5:,;';O $% B'+,"?2%; +E!:,$%; %<
'2%"<:,9?%;%<$%B'25;$%;8:";5?B%:<;?8?!2,"
%< $%; 85;;,!,2,<'; $% 3?<?2,;<,54 $% "%;
"8",<';YR
2 ;U*,< $54" $% B':,),%: 9?% 2%; "8",<'; $%
;<<,544%3%4< ;54< !,%4 "2,!:'%; 8: :885:< ?
!%;5,4 :'%2 $% ;<<,544%3%4<R 5:; $% 2 3,;% %4
7?B:% $U?4 8:50%<O $%B: ,4;, (<:% '<?$,'% 2
85;;,!,2,<' $% 3?<?2,;%: 2%; !%;5,4; %4
;<<,544%3%4< B%" $%; ,:%; $% ;<<,544%3%4<
%D,;<4<%;R ,4;, %4 "54;5334< 35,4; $% )54",%:
85?: 2%; ;<<,544%3%4<;O ,2 8%?< (<:% 85;;,!2% $%
$'**%:$%85<%4<,2,<';9?,;%:54<"54;":'%;2
"54;<:?"<,54$%25*%3%4<;R
1 numérotation (cf.photos)
300 nombres de places
!"!!"""!#"#!!!# #+'6!# 4" ""6" ,""
198
5!,4b:!544%?Z"5B,Z3,%4?:E
4; ?4% "533?4% 5@ 2%; +!,<4<; ;54< <:&;
$'8%4$4<; $% 2 B5,<?:% ,4$,B,$?%22%O 2 9?%;<,54
$? ;<<,544%3%4< 8?!2," %< :';,$%4<,%2 4% $5,< 8;
(<:%4'*2,*'%R
%4 #. & %&( 8."&!% $%% % #.$% !&$ D>4AG
:& $ & !;4 !#$"& %. $
.$ :@A4BG; & ! $$-%
& $ &( ' %&#$ ?=>? :$ &# 5
;6 $% $&!.#&# + )
.!#%%:@?G;6
%;<<,544%3%4<:';,$%4<,%2$%B,%4<?4%B':,<!2%
8:5!2'3<,9?% $4; ?4 <,;;? ?:!,4 ?D :?%22%;
'<:5,<%;%<;,4?%?;%;45<33%4<$4;2%"%4<:%R
#$ !&$ >=== !$ $%% % !& $&# ' : #$
!.#!.# !' #; % EB= !$ $
$%&% $ %# ' $ & +
!# (%..%&76
2?; $% khh 82"%; $% ;<<,544%3%4< ;54< ;,<?'%;
;?:2%8:1,4*!5:$4<2:?%$%;<544%2,%:;]i^%<2%
254* $? ?, ?*?;<,4 %;"5?:4?<]j^ 8:5D,3,<'
$? 5:<R 22%; 8:';%4<%4< $U5:%; %< $'0 ?4
85<%4<,%2 $% 3?<?2,;<,54 ": %4 82?; $U""?%,22,:
$? ;<<,544%3%4< 8?!2," $%;;%:B4< 2% 85:< $%
82,;4"% %< 2%; "533%:"%; <<%44<; %22%; ;54<
'*2%3%4< ?<,2,;'%; 85?: 2% ;<<,544%3%4<
:';,$%4<,%2$&;2),4$U8:&;3,$,R
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
;54< 8:';%4<%; 8:5D,3,<' $? "5%?: $% B,22*% %<
)54< 8:,4",82%3%4< 5)),"% $% ;<<,544%3%4<
:';,$%4<,%28:<,:$%2),4$U8:&;3,$,R
%3(3%"54;<<8%?<(<:%'<!2,85?:2U%4;%3!2%
$%;8:1,4*;254*%4<2%"+%3,4$%2U'<4*]kOlOmO
n b o^ $%B4< 2%; "533%:"%; ;,<?'; %4 ):54< $%
3%: 5? 8:5D,3,<' $% "%2?,[",R % 8:1,4* :?%
$U2;"% 5::,4% ]ij^ 8%?< (<:% ;;5",' "%<
%4;%3!2%$%;<<,544%3%4<$?),<$%;8:5D,3,<'
B%"2%85:<%<;)54"<,54$%X$%2%;<*%YB%:;2%;
852:,<';85:<?,:%;R2:%8:';%4<%lm82"%;R
? *25!2O %4B,:54 iph 82"%; $% ;<<,544%3%4<;
8:';%4"% $% ;<<,544%3%4<; $%B4< 2U'*2,;% ]m^
$% 2 "533?4%O 8:-< $533*%!2% %4 <%:3%
$U,38"<B,;?%2$U?4%8:<3,;?;;,O$U?<:%8:<O
%4 <%:3%; $% 8:<*% $%; ?;*%; $% 2 B5,% %4<:%
B'+,"?2%; %< 8,'<54;R %2 ;?;",<% ?4% :')2%D,54
9?4<2$'25"2,;<,54$?;<<,544%3%4<R
288:-<9?%2%"%4<:%+,;<5:,9?%4%8:585;%9?%
<:588%?$%;<<,544%3%4<;8::885:<?453!:%
$U+!,<4<;R 2 E $54" ?4 ,4<':(<O B%" 2% O $'**%: $%; 5885:<?4,<'; $% ;<<,544%3%4<
:';,$%4<,%2 3?<?2,;!2% 8:5D,3,<' $? "%4<:%
199
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
$%4;% ] ":'%: 5? $'82"%:^Q "%2?,[", "54"%4<:%
$% 453!:%?;%; +!,<<,54; 4% $,;85;4< 8;
<5?05?:;$%"8",<';$%;<<,544%3%4<8:,B<,)R
%;8"%; 8?!2,"; $? "%4<:% '<4< :'*?2,&:%3%4<
5""?8'; 8: $? ;<<,544%3%4< :';,$%4<,%2 5?
<5?:,;<,9?%X;?B*%Y]in^R
:,!2$, 2?, "54)&:% ?4 :62% $% X8:" :%2,;Y
,4",<4<2%;?<535!,2,;<%;""'$%:%<$'"5?B:,:2%
"%4<:%[B,22% 8,%$R 4?,< ;54 ?;*% $%B,%4<
;?:<5?<:';,$%4<,%2R
%8%4$4<O 54 $'453!:% <5?< $% 3(3% $%
453!:%?D %382"%3%4<; 8?!2,"; 2% 254* $%
"%:<,4%; B5,%; "533% 8: %D%382% 2% !5?2%B:$
$%;:%38:<;]p^O"%2:%8:';%4<%B,4*<",4982"%;
$'!5?"+4< ;?: 2% "+%3,4 $% 2U'<4*O 454 25,4 $?
2,<<5:2%<$%;%;"533%:"%;R
2 "54B,%4< $U?<4< 82?; $% ;U,4<%::5*%: ;?: 2
;?)),;4"% $% "%; "8",<'; $% ;<<,544%3%4<;O 2%;
% 8:1,4* $? "+ <%? ]q^ 8:';%4<% ?4 85<%4<,%2
,4<':%;;4< $% ;<<,544%3%4<O %4 %))%< "%2?,[",
"538<%%4B,:54inh82"%;8:5"+%;$%852:,<';$%
8:%3,%:,385:<4"%R54%382"%3%4<45425,4$%
2 3,:,% %< $% 2U%;824$% 2% 254* $% 2 :?%
4 8:%44< %4 "538<% 2% 453!:% $% 3'4*%;
8:';%4<;$4;2%"%4<:%+,;<5:,9?%]%4B,:54omh^%<
2% <?D $U'9?,8%3%4<; $% "%; 3'4*%; %4
B'+,"?2%; 35<5:,;'; ]iOkl B5,<?:%; 8: 3'4*%;^O
82?; $% i hhh 82"%; $% ;<<,544%3%4< ;%:,%4<
4'"%;;,:%;85?::'854$:%?D!%;5,4;R
2 88:-< 9?% 2% "%4<:% +,;<5:,9?% 8:585;%
8:%;9?% 2% 453!:% $% ;<<,544%3%4<; $'9?<;
8::885:<?453!:%$U+!,<4<;R ) % &% / & %.#/%4 ' 4 + .# $
!! #%&%.$ $%% % #.$%
&%&$ $&!!.%# + !# (%. &
%# $ :'# >B= !%$; 5
&7 %# #&$$%% $
$! $% !$ % & &#$ !%.$ $%% %!#'%6
200
5!,4b:!544%?Z"5B,Z3,%4?:E
PLU
,22%$%\':?2<\U
,*45;<,""533?42\jh:;jhiiw"5382'3%4<;,jhin
%;8:1,4*;$%;"%4<:%;"533%:",?D%4X2,;,&:%Y
$? "%4<:% B,22% ]ihbik^O 8:585;%4< '*2%3%4< ?4
85<%4<,%2$%3?<?2,;<,54,4<':%;;4<R
!.#!.# !#.$% .% #$
! $$%.$ &%&$% 4 %%
#, &( !#$ $ %#7 #&(
+!# (%.&%#'6
e4)8$7!"788)211"0"18!"7=$/27
2U+%?:% "<?%22% 2 "533?4% 4% 85;;&$% 8; $%
8:" $% ;<<,544%3%4< $'$,' ?D "E"2%; ? ;%,4 $%
2U%;8"%8?!2,"R
?;%,4$?<,;;?8B,22544,:%O28:5!2'3<,9?%$%;
;<<,544%3%4<; 4% ;% 85;% 8; ": 2 82?8:< $%;
+!,<<,54; ""?%,22% 2% ;<<,544%3%4< ? ;%,4
3(3% $% 2 8:"%22% %< 4% 4'"%;;,<% $54" 8; $%
;<<,544%3%4< 8?!2,"R % 82?;O 2 )54"<,54
:';,$%4<,%22%%<2U!;%4"%$%852:,<'8:5D,3,<'4%
8%:3%<<%4< 8; $% $'**%: $%; 85<%4<,2,<'; $%
3?<?2,;<,54 85?: 2% 353%4<R %8%4$4< ?4%
%D"%8<,54%;<;,*42%:O,2;U*,<$%2",49?4<,4%
$%82"%;<<%44<%;2U'"52%8:,3,:%?2%;%:4%
%<2%"%4<:%$U""?%,28':,;"52,:%]im^R
%; ;<<,544%3%4<; $% 2U'"52% %:3,4% 5<E
$U%4B,:54mh82"%;]ii^%<$%2UB%4?%*'4':2$%
?2% $%B4< 2% !?:%? $% 85;<% $U%4B,:54 jh
82"%; ]il^ 8:585;%4< '*2%3%4< $%; 85<%4<,%2;
3?<?2,;!2%; ,4<':%;;4<; %4<:% 2%; ?;*%:; 2
05?:4'%%<2%;:';,$%4<;2%;5,:R
201
Auteur
Document
Catégorie
Uncategorized
Affichages
0
Taille du fichier
7 749 KB
Étiquettes
1/--Pages
signaler