DON-BAR DON-BAR DON-BA DON-BAR
Transcription
DON-BAR DON-BAR DON-BA DON-BAR
Design DON - BAR : F L M < I K L I < ; y : F L G < K I @ 8 E > C < DON Design DON - BAR DO 8iZ_`k\Zkfe`jZ_\?XXi[\e 8iZ_`k\ZkliXc]`i\gcXZ\j :Xd`e`XiZ_`k\kkfe`Z` : _ \ d ` e \ j 8 i Z _ ` k \ Z k l i X c \ j DON - BAR DON - $), C \ j Z\ e k iX c \ j &;\Z\ekiXc\_XXi[\e&:\ekiXc]`i\gcXZ\j&@ZXd`e\kk`Z\ekiXc` )- $ + ( C \ j d l iX c \ j &;\nXe[_XXi[\e &NXcc$dflek\[]`i\gcXZ\j &@ZXd`e\kk`XgXi\k\ + ) $ + 0 C \ j ] \ l o f l m \ i k j j l j g \ e [ l j & ; \ f g \ e _ X e ^ _ X X i [ \ e & J l j g \ e [ \ [ f g \ e ] ` i \ g c X Z \ j & : X d ` e \ k k ` X g \ i k ` j f j g \ j ` , ' $ -( C\j \ e ZX jk iX Y c \j &;\`eYfln_XXi[\e&9l`ck$`e]`i\gcXZ\j&>c``ej\ik` - )$ -. C \ j g f c \ j ~ Y f ` j &;\_flkbXZ_\cj&Nff[$Ylie`e^jkfm\j&Jkl]\Xc\^eX - / $ -0 J l i $ d \ j l i\ &FgdXXk &DX[\kfd\Xjli\ &Jld`jliX .' $. ( C \ j i e f m \ j & M\ i e ` \ l n[ \ j Z _ f l n\ e & I\ e fmX k\ [ Z _ ` d e \pj & @ ZX d ` e ` i ` e e fmX k ` . ) $ . * C \ j X Z Z \ j j f ` i \ j i X Z Z f i [ \ d \ e k j & ;\kf\Y\_fi\e\eXXejcl`k`e^\e&8ZZ\jjfi`\jXe[:fee\Zk`fej&>c`XZZ\jjfi``:fcc\^Xd\ek` .+ $ . , C \ j X m f ` i $ ] X ` i \ & ; \ b e f n $ _ f n & < o g \ i k ` j \ & @ c j X m f ` i $ ] X ` i \ . - $ . . CË _ ` j k f i ` h l \ & ? ` j k f i ` \ b & ? ` j k f i p & : i f e ` j k f i ` X ./ $.0 C \ j " ; F E $ 98 I &;\mffi[\c\emXe;fe$9Xi&;fe$9Xif]]\ijgcljgf`ekj&@";@;FE$98I / ' $ / ( C \ j Z X i X Z k i ` j k ` h l \ j k \ Z _ e ` h l \ j & K\ Z _ e ` j Z _ \ j g \ Z ` ] ` Z X k ` \ j & K\ Z _ e ` Z X c j g \ Z ` ] ` Z X k ` f e j & J g \ Z ` ] ` Z X q ` f e ` k \ Z _ e ` Z _ \ , :_\d`e\Z\ekiXc\;\Z\ekiXc\_XXi[\e:\ekiXc]`i\gcXZ\j@ZXd`e\kk`Z\ekiXc` ?FK CXZfem`m`Xc`km`[\ek\[\Z\df[ c\ Z\ekiXcd\im\`cc\[ jcfijhl\cX_fkk\kiXej$ gXi\ek\dfek\fl[\jZ\e[~cËX`[\[ËleYflkfe `em\ij\li#fl[Ële\ZfddXe[\~[`jkXeZ\% C\]\l\jkd`j\ejZ e\Xm\Zle\k\Z_efcf^`\ eflm\cc\#\]]`ZXZ\gflid`\loc\[fd\jk`hl\i% D\k[`kZ\ekiXXc_XXi[df[\c`j^\q\cc`^_\`[kif\] ;\kiXejgXiXek\bXgbXefd_ff^f]fdcXX^[%d%m% \\ebXek\cjZ_Xb\cXXif]\\eX]jkXe[jY\[`\e`e^% ?\kmcXdd\ejg\cnfi[k\]]`Z`ek\i ^\i\^\c[[ffi\\ee`\ln\k\Z_efcf^`\% K_`jZfjpZ\ekiXcdf[\c`jXdXq`e^Y\ZXlj\ k_\kiXejgXi\ek_ff[`jiX`j\[ficfn\i\[lj`e^X `em\ik\iYlkkfefiXi\dfk\Zfekifc% K_\]`i\`jj_fnef]]lj`e^e\nk\Z_efcf^p k_Xk\]]\Zk`m\cpb\\gjk_\]cXd\jle[\iZfekifc% HlXc\\]]\kkfjZXk\eXhl\jkffi`^`eXc`jj`df df[\ccfZ\ekiXc\e\cdfd\ekf`eZl`cXZXggX kiXjgXi\ek\j``eeXcqXm\ijfcËXckf\klkkfhl\jkf ^iXq`\X[leXj\dgc`Z\gi\jj`fe\jlckXjkf[`le `ek\iilkkfi\#f[`lek\c\ZfdXe[f%8c]lfZfm`\e\ [XkfleelfmfgXcZfjZ\e`Zf#leXelfmXk\Zefcf^`X `e^iX[f[`X[[fd\jk`ZXi\c\]`Xdd\% - I8C*''* Fgk`fe1_Xlk\li\kZflc\lijlid\jli\ Fgk`\1_ff^k\\ebc\lifgdXXk I8C('(/ I8C,'') Fgk`fe1_\`^_kXe[ZfcfidX[\kfd\Xjli\ Fgq`fe`1Xck\qqXjld`jliX\Zfcfi\jli`Z_`\jkX I8C-')0 I8C*')' . :_\d`e\Z\ekiXc\;\Z\ekiXc\_XXi[\e:\ekiXc]`i\gcXZ\j@ZXd`e\kk`Z\ekiXc` FGK@F Le[]`Xlocf`j[\cËXg\jXek\liXm\ZZ\ZlY\Xlo hlXki\gXif`j[\m\ii\hl`f]]i\[\ kflk\jgXikjle\m`j`fe*-'[l]fp\i% :\kk\Z_\d`e\g\lk^Xc\d\ekki\Z_f`j`\ Xm\Z[\jZX[i\jjlig`\[fljljg\e[l% ;\q\blYljd\km`\i^cXq\enXe[\e#[`\\imffi qfi^\e[Xk_\k_XXi[mllicXe^jXcc\bXek\efm\i *-'q`Z_kYXXi`j#kXik[\n\kk\emXe[\ qnXXik\biXZ_k%;\q\bXZ_\cbXefgk`fe\\cd\k [\ZfiXk`\m\bX[\ijfggffka\jf] _Xe^\e[^\c\m\i[nfi[\e% / >\Yf^\eFGK@F FGK@F:lim\[ FGK@FJX^fdXkf FGK@F>8C9y 0 :_\d`e\Z\ekiXc\;\Z\ekiXc\_XXi[\e:\ekiXc]`i\gcXZ\j@ZXd`e\kk`Z\ekiXc` FGK@F:IF@Jy K_`jZlY\#n`k_`kj]fli^cXjjgXe\cj# [\]`\jk_\cXnjf]^iXm`kpXe[ gifm`[\jX*-'m`\nf]k_\]`i\% K_\]`i\gcXZ\ZXei\Z\`m\fgk`feXc [\ZfiXk`m\]iXd\j#\`k_\i jljg\e[\[fifec\^j% (' >\bil`jk\FGK@F FGK@F:ifjj\[ FGK@F@eZifZ`Xkf FGK@F8JPDyKI@HL< LeXj]`[XXccX]fiqX[`^iXm`k~ hl\jkfZlYf[Xcc\hlXkkifgXi\k` `em\kifZ_\f]]i\leXm`j`fe\ [\cZXd`e\kkfX*-'#[XhlXcj`Xj` gXik\cfj`^lXi[`% Hl\jkfZXd`e\kkfgi\m\[\ `efgq`fe\[\cc\jkilkkli\[\ZfiXk`m\ `eXggf^^`fjlYXj`fjfjg\j\% 8jpdd\ki`jZ_\FGK@F FGK@F8jpdd\ki`ZXc FGK@F8j`dd\ki`Zf (( :_\d`e\Z\ekiXc\;\Z\ekiXc\_XXi[\e:\ekiXc]`i\gcXZ\j@ZXd`e\kk`Z\ekiXc` 0-'': Gli\k[\jc`^e\j\k_Xidfe`\[\j mfcld\jZXiXZki`j\ekZ\df[ c\_\oX^feXc# hl`g[\kif`jm`ki\j]`o\j\k[\kif`j gfik\jm`ki\j#f]]iXekX`ej`leXZZ jX`j~cËki\% ;\q\_XXi[fe[\ijZ_\`[kq`Z_[ffi q`aeql`m\i\c`ae\e\e_Xidfe`\ljmfcld\% <iq`ae[i`\^cXj[\li\emffiq`\emffi \\e^\dXbb\c`ab\kf\^Xe^kfk_\kmlli% 8_\oX^feXc]`i\gcXZ\\hl`gg\[n`k_ k_i\\]`o\[^cXjjgXe\jXe[k_i\\^cXq\[ [ffijgifm`[`e^\XjpXZZ\jjkfk_\_\Xik_% :Xd`e\kkf\jX^feXc\[fkXkf[`ki\ m\ki`]`jj`\[`ki\m\ki`$Xek`eX`e^iX[f [`^XiXek`i\le]XZ`c\XZZ\jjfXccX ZXd\iX[`ZfdYljk`fe\% () (* :_\d`e\Z\ekiXc\;\Z\ekiXc\_XXi[\e:\ekiXc]`i\gcXZ\j@ZXd`e\kk`Z\ekiXc` +-'' ;`jgfe`Yc\\e[\lom\ij`fej1]`o\fl ifkXk`m\~*-'#g\id\kkXek[Ëfi`\ek\ic\ ]\lXlZ_f`o#\k\e]feZk`fe[\cX[`jgfj`k`fe [\cË`eki`\li% M\ibi`a^YXXi`ekn\\m\ij`\j1mXjkf] [iXX`YXXifg*-'#d\k[\df^\c`ab_\`[ _\kmllik\fi`ek\i\eeXXib\lq\\e eXXi^\cXe^[\fgjk\cc`e^mXe_\k`ek\i`\li% Jljg\e[\[]ifdk_\Z\`c`e^#k_`j]`i\gcXZ\ `jXmX`cXYc\`eknfm\ij`fej1 ]`o\[fiifkXk`e^% Jfjg\jfXjf]]`kkf#hl\jkfZXd`e\kkf [`jgfe`Y`c\`e[l\m\ij`fe`1 ]`jjff^`i\mfc\% (+ Fgk`fe1Zflc\lik`kXe\ Fgk`\1k`kXe`ldbc\li Fgk`fe1k`kXe`ldZfcfli Fgq`fe`1i`m\jk`d\ekfYifeqf (, :_\d`e\Z\ekiXc\;\Z\ekiXc\_XXi[\e:\ekiXc]`i\gcXZ\j@ZXd`e\kk`Z\ekiXc` CF=K-0$,)&)C /'$,)&)C /'$-'&)C :\gfc\j\[Zc`e\\e)m\ij`fej# j`dgc\fl[flYc\]XZ\%Mi`kXYc\gc\ [\cXdX`jfe#`cjË`ek ^i\Xljj`Y`\e[Xej lecf]k~cX[ZfiXk`fed`e`dXc`jk\hl\ [Xejle\dX`jfe[\jkpc\kiX[`k`fee\c% ;\q\bXZ_\cY\jkXXk`e)m\ij`\j1\eb\cf] [lYY\cq`a[`^[ffib`ab %;\CF=KbXe`eXcc\ `ek\i`\lijk`ac\e^\ek\^i\\i[nfi[\e%?`agXjk qfn\c`e\\ecf]kd\kd`e`dXc\[\ZfiXk`\#Xcj`e \\ekiX[`k`fe\\c_l`j% K_`jjkfm\\o`jkj`e)m\ij`fej#j`dgc\ fi[flYc\j`[\[Xe[ZXeY\`ek\^iXk\[ `eXcf]kn`k_Xd`e`dldf][\ZfiXk`fe Xjn\ccXj`eXkiX[`k`feXcjkpc\[_flj\% Hl\jkfdf[\ccf [`jgfe`Y`c\`e[l\ m\ij`fe`#dfeffY`$]XZZ`Xc\% M\if\gifgi`fgifkX^fe`jkX[\ccXZXjX# j``ek\^iXXg\i]\q`fe\j`X`elecf]k[` jk`c\d`e`dXc`jkX#j`X`eleXjfclq`fe\ [ËXii\[f[`k`gfkiX[`q`feXc\% (- Fgk`fe1_Xlk\lijlid\jli\ Fgk`\1_ff^k\fgdXXk Fgk`fe1_\`^_kdX[\kfd\Xjli\ Fgq`fe`1Xck\qqXjld`jliX (. :_\d`e\Z\ekiXc\;\Z\ekiXc\_XXi[\e:\ekiXc]`i\gcXZ\j@ZXd`e\kk`Z\ekiXc` /*$()* C\]fp\iZ\ekiXckiXej]fid\c\]\l\e leme\d\ek~Z_Xhl\]f`ji\eflm\c# kflaflijjg\ZkXZlcX`i\%Mi`kXYc\gc\[\cX g` Z\#`c]XjZ`e\c\m`j`k\likXe[`jhl\cËfe \egif]`k\~kflkdfd\ek%:Ë\jkcXZfem`m`Xc`k \okid\\kc\iX]]`e\d\ekhl`jË\ogi`d\ \ekflk\[`jk`eZk`fe% ;\logXif`j\em\ii\Zflc`jj\ek `e[g\e[Xdd\ek#cX`jjXekcXgfjj`Y`c`k [Ëflm\ikli\jli(/'%CXkXYc\\jk]flie`\ [Ëfi`^`e\Xm\ZleZXii\cX^\ \ek\ii\Zl`k\%<cc\g\lk^Xc\d\ekki\ _XY`cc\[\kc\dX`cc\%;`]]i\ekjZfcfi`j jfekgifgfjj\efgk`fe% ?\kc`abkn\cf][\mcXdd\e`e\\eZ\ekiXc\ _XXi[\\e\`^\ec\m\ec\`[\e%E\i^\ej `j_\kjg\bkXb\cqfXXe^i`ag\e[Xcj_`\i% ;ffi_\kmffik[li\e[n`jj\c\e[\ mcXdd\ejg\c\e[\jk\\[jn`aq`^\e[\ i\]c\Zk`\jbi`a^k[\bXd\ifg\cb dfd\ekmXe[\[X^\\eXe[\i\j]\\i% ;\_XXi[nfi[k\\eYc`bmXe^\i#_\k iljkglek`e[\il`dk\%Kn\\^cXq\e nXe[\e#XgXikm\ijZ_l`]YXXi#Y`\[\e \\efg\e`e^jdf^\c`ab_\`[kfk(/'% ;\Yfm\eq`a[\nfi[kfi`^`e\\c l`k^\mf\i[d\kk\iiXZfkkXk\^\cj# dXXibXeffbd\k\\e\dX`cgcXXk Y\bc\\[nfi[\e%M\ijZ_`cc\e[\bc\li\e q`aeXcjfgk`\k\m\ibi`a^\e% (/ Fgk`fe1_Xlk\lijlid\jli\ Fgk`\1_ff^k\fgdXXk Fgk`fe1_\`^_kdX[\kfd\Xjli\ Fgq`fe`1Xck\qqXjld`jliX (0 :_\d`e\Z\ekiXc\;\Z\ekiXc\_XXi[\e:\ekiXc]`i\gcXZ\j@ZXd`e\kk`Z\ekiXc` /*$()* ]\id )' /*$()* flm\ik 8Z\ekiXc]`i\gcXZ\kliejk_\]`i\`ekfXe \m\i$Z_Xe^`e^Xe[XcnXpjjg\ZkXZlcXi[`jgcXp% 8i\XcZ\eki\g`\Z\f]k_\iffd#`k`jX jfliZ\f]]XjZ`eXk`fe]fim`j`kfij Xe[ZfejkXek\eafpd\ek]fiXcck_\]Xd`cp% @kZfdY`e\jZfjp`e]fidXc`kpn`k_i\]`e\d\ek Xe[[`jk`eZk`fe%Knf`e[\g\e[\ekjc`[`e^^cXjj gXik`k`fejXccfnk_\]`i\gcXZ\kfY\fg\e\[ Xk(/'%K_\kfgZXjk`e^`jjlggc`\[n`k_ XZcXp$k`c\Zfm\i`e^%@kZXeXcjfY\\eZXj\[ `e\eXd\cc\[j_\\kd\kXc% @kZfd\j`eXZ_f`Z\f]Zfcflij% @cZXd`e\kkfZ\ekiXc\ `e^iX[f[`kiXj]fidXi\ `c]lfZf`elefjg\kkXZfcff^e`mfckX[`m\ijf# dXj\dgi\dX^`Zf%M\if\gifgi`fgfcf[` XkkiXq`fe\[\ccXjkXeqX#X]]XjZ`eX^c`fjg`k` \i\^XcX\dfq`fe`[liXkli\XZfcfifZ_\ gfjjfefXggif]`kkXie\`ef^e`dfd\ekf% HlXkkifm\ki`YfdYXk`jZfiifefjl [l\Y`eXi`Zfej\ek\e[fleËXg\ikliXX(/' `ef^e`[`i\q`fe\%@cYfi[f]lfZf i`m\jk`kf [`j\i`\ZfedXkkfe\cc\`ek\iiXZfkkX# dXjli`Z_`\jkXj`gfjjfefXm\i\XeZ_\ `eXZZ`X`fcXZZXkfgifgfjkf`emXi`\kfeXc`k~% )( :_\d`e\Z\ekiXc\;\Z\ekiXc\_XXi[\e:\ekiXc]`i\gcXZ\j@ZXd`e\kk`Z\ekiXc` 0()': =fp\iflm\ikXm\Z#\efgk`fe# hlXki\gXi\$k`eZ\cc\j\em`ki\ZiXd`hl\% CXkXYc\\jk]flie`\jXejZXii\cX^\% Fg\e_XXi[d\k#`efgk`\# m`\imllijZ_\id\e`eb\iXd`jZ_^cXj% ;\kX]\cnfi[k^\c\m\i[qfe[\ik\^\cj% Fg\e]`i\n`k_]fliZ\iXd`Z^cXjj ]`i\^lXi[jf]]\i\[Xjfgk`feXc% K_\kfgZXjk`e^`jjlggc`\[lek`c\[% :Xd`e\kkfXg\ikfXchlXc\ gfjj`Y`c\ XYY`eXi\`efgq`fe\hlXkkifgXiXjZ`ek`cc\ `em\kifZ\iXd`Zf%@cYfi[f]lfZfefe i`m\jk`kf% Fgk`fe1Zflc\lik`kXe\ Fgk`\1k`kXe`ldbc\li Fgk`fe1k`kXe`ldZfcfli Fgq`fe`1i`m\jk`d\ekfYifeqf )) Fgk`fe1gXi\$]\l\k_Xlk\lijlid\jli\ Fgk`\1mfeb\ejZ_\id\e_ff^k\fgdXXk Fgk`fe1]`i\^i`[Xe[_\`^_kdX[\kfd\Xjli\ Fgq`fe`1gXiXjZ`ek`cc\\Xck\qqXjld`jliX )* :_\d`e\Z\ekiXc\;\Z\ekiXc\_XXi[\e:\ekiXc]`i\gcXZ\j@ZXd`e\kk`Z\ekiXc` FI8 GXi]X`k\d\ekgXefiXd`hl\gXijXj`klXk`fe Z\ekiXc\\kj\jhlXki\Zkjflm\ikj#Z\kk\ Z_\d`e\j\[`jk`e^l\gXijfe]X`Yc\ \eZfdYi\d\ek#f]]iXekX`ej`[\efdYi\lj\j gfjj`Y`c`kj[Ë`ejkXccXk`fe% G\i]\ZkgXefiXd`jZ_#[Xebq`a[\Z\ekiXc\ fgjk\cc`e^\e[\m`\ifg\eq`a[\e%;\q\_XXi[ e\\dkfgmXcc\e[n\`e`^gcXXkj`e\eY`\[k [ljkXci`ab\df^\c`ab_\[\emffi ln[iffd`ek\i`\li% M`j`Yc\]ifd\m\ipXe^c\[l\kf`kj Z\ekiXcgfj`k`feXe[]flifg\ej`[\j#k_`j ]`i\gcXZ\`j[`jk`e^l`j_\[Yp`kjZfdgXZke\jj# f]]\i`e^eld\iflj`ejkXccXk`fegfjj`Y`c`k`\j% DfckfgXefiXd`Zf^iXq`\X`jlf`hlXkkif cXk`Xg\ik`\cXjlXgfj`q`fe\Z\ekiXc\# hl\jkfZXd`e\kkfj`[`jk`e^l\g\i`cjlf `e^fdYifi`[fkkf#Z_\^c`Zfej\ek\ eld\ifj\gfjj`Y`c`k~[``ejkXccXq`fe\% )+ ), :_\d`e\dliXc\;\nXe[_XXi[\eNXcc$dflek\[]`i\gcXZ\j@ZXd`e\kk`XgXi\k\ 8<I8= =`oXldli#ZË\jklegi`jd\gli[fek cX^fdki`\jlYc`d\c\j]cXdd\j1 \jk_k`hl\i`^fli\lj\ gflile\m`j`fe[l]\l~(/'% ;Xebq`aq`ae^\fd\ki`\#Y`\[k[\q\_XXi[ \\ejlYc`\d(/'q`Z_kfg_\kmlli% @ejkXcc\[X^X`ejkXnXcc#k_\^\fd\kipf] k_`j\c\^Xekgi`jdjlYc`dXk\jk_\]cXd\j1 i`^fifljX\jk_\k`Zj]fiX(/' m`\nf]k_\]`i\% 8ggf^^`XkfXledlif# legi`jdX[Xcc\ c`e\\c\^^\i\cXZl`^\fd\ki`X jlYc`dXc\]`Xdd\1\jk\k`ZXi`^fifjXg\i leXm`j`fe\[\c]lfZfX(/'% )- 8<I8]\id >\jcfk\e8<I8 8<I8:cfj\[ 8<I8:_`ljf 8<I8flm\ik Fg\e8<I8 8<I8Fg\e 8<I88g\ikf 8<I8F ). :_\d`e\dliXc\;\nXe[_XXi[\eNXcc$dflek\[]`i\gcXZ\j@ZXd`e\kk`XgXi\k\ 0*'' Kdf`^eX^\~gXik\ek` i\[\cX g_`cfjfg_`\[\ZfeZ\gk`fe[\;FE$98I Z\kk\Z_\d`e\gXefiXd`hl\XjjfZ`\ gli\k[\jc`^e\j\k_Xidfe`\[\jmfcld\j% @e[`kfekn\igc`\k\e[\[\j`^e\ijmXe ;FE$98IXc_le]XekXj`\jgi\b\e1 jlYc`\d\m\i_fl[`e^\enXXi`ejkiXbb\ c`ae\e\\eYf\`\e[\jpek_\j\XXe^XXe d\k_\kmfcld\% 8kil\k\jk`dfepf]k_\;FE$98I [\j`^eg_`cfjfg_p#k_`j\ok\e[\[]`i\gcXZ\ ZfdY`e\jgli`kpf]c`e\n`k__Xidfepf]mfcld\% Hl\jkfZXd`e\kkfgXefiXd`Zf j`dYfc\^^`XXcd\^c`fcX]`cfjf]`X ;FE$98I#i`ljZ\e[fX[XYY`eXi\`e df[f`e\^lX^c`XY`c\cXgli\qqX[\cc\ c`e\\\cËXidfe`X[\`mfcld`% Fgk`fe1_Xlk\lijlid\jli\ Fgk`\1_ff^k\fgdXXk Fgk`fe1_\`^_kdX[\kfd\Xjli\ )/ Fgq`fe`1Xck\qqXjld`jliX )0 :_\d`e\dliXc\;\nXe[_XXi[\eNXcc$dflek\[]`i\gcXZ\j@ZXd`e\kk`XgXi\k\ +((' C\j]fid\jjfYi\j#~[fd`eXek\j ki`Xe^lcX`i\j#Zi\ekle\jgXZ\[\c`Y\ik fcXdX^`\[l]\lkiflm\~\ogi`d\ikflk\jX]`\ik% ;`jgfe`Yc\\e]\lflm\ik+'',$+'(' fl ]fp\i]\id+(',$+((' Xm\Zgfik\m`ki\% C\]fp\iflm\ik\jkc`miXm\ZjfegXi\$]\l# hl`g\lkki\gifgfj\efgk`fegflic\df[ c\]\id% ;\\\emfl[`^\[i`\_f\b`^\mfid\e^\m\e\\e^\mf\c mXeil`dk\nXXi`e_\kmlliq`Z_`eXcq`aefm\in\c[^\[\ ]XZ\kk\ekffek%9\jZ_`bYXXi`efg\e_XXi[+'',$+'(' f]^\jcfk\ed\k^cXj[\li+(',$+((' %9`a[\fg\emX$ i`Xeknfi[k\\emffiq\kjZ_\id^\c\m\i[# m\ibi`a^YXXi`efgk`\Y`a[\^\jcfk\e_XXi[% @kjjfY\igi\[fd`eXekcpki`Xe^lcXi]fidjfg\ejlgk_\ jgXZ\kfj_fnf]]k_\]lccdX^`Zf]k_\]`i\% 8mX`cXYc\\`k_\iXjXefg\e]`i\gcXZ\ +'',$+'(' fiXjXe\eZcfj\[]`i\gcXZ\n`k_X^cXjj [ffi+(',$+((' %K_\fg\e]`i\gcXZ\`j[\c`m\i\[n`k_X ]`i\^lXi[n_`Z_`jfgk`feXc]fik_\\eZcfj\[df[\c% C\]fid\jfYi`\#[`gi\mXc\eqXki`Xe^fcXi`#Zi\Xef lefjgXq`f[`c`Y\ik~[fm\cXdX^`X[\c]lfZf i`\jZ\X[\jgi`d\ij``eklkkXcXjlX]`\i\qqX% ;`jgfe`Y`c`X]lfZfXg\ikffZ_`ljf% @df[\cc`Xg\ik`m\e^fef]fie`k` ZfelegXiXjZ`ek`cc\[`j\i`\ #[`jgfe`Y`c\Zfd\ XZZ\jjfi`fg\ic\m\ij`fe`Z_`lj\% +'', *' G\`ekli\gX`cc\k\dkXcc`j\ >\d\kXcc`j\\i[\^c`kk\im\i] D\kXcc`q\[gX`cc\kk\[gX`ek M\ie`Z`XkliXgX^c`\kkXkX\d\kXc`qqXkX *( :_\d`e\dliXc\;\nXe[_XXi[\eNXcc$dflek\[]`i\gcXZ\j@ZXd`e\kk`XgXi\k\ GI@JD8M Jfe]fp\igpiXd`[XckiXejgXi\ek#m`j`Yc\jligclj [\(/'\e]X`kle\o\dgc\[\c^ i\kXggXi\ek\% ;\]X`Yc\\eZfdYi\d\ek#cË\ej\dYc\]fp\i$ZXieX^\ g\id\kle\j`e^lc` i\`ek^iXk`fe[Xejle[Zfi \o`jkXekflgij\ek\legf`ek[\[gXikgfli le]lkli\em`ifee\d\ek%Gij\ek\e[\lom\ij`fej1 GI@JD8M#[fekcX_Xlk\li\jkiXc`j\jlid\jli\# \kGI@JD8?gflileiXZZfi[\d\ek~cËXii` i\% ;`]]i\ekjZfcfi`j[`jgfe`Yc\j% KiXejgXiXek\_XXi[`eg`iXd`[\mfid#d\k\\e`eb`ab_f\b mXed\\i[Xe(/'1\\edff`mffiY\\c[mXejg\\cj\ c`Z_k_\`[%;\q\ZfdgXZk\#^\jkiffdc`ae[\jki\c`e^ mffi_\kff^`ek\^i\\iklgifYc\\dcffj`e\\e Y\jkXXe[`ek\i`\lif]%%%^\Yil`bklXcjl`k^Xe^jglek mffi\\ekfkXXce`\ln\c\\]$\enffej]\\i%Nfi[k mffi^\jk\c[`ekn\\m\ij`\j1GI@JD8M#d\kfgdXXk ^\dXXbk\_ff^k\#\eGI@JD8?d\kXXejcl`k`e^ XZ_k\iXXe%M\ibi`a^YXXi`e[`m\ij\bc\li\e% *) ** :_\d`e\dliXc\;\nXe[_XXi[\eNXcc$dflek\[]`i\gcXZ\j@ZXd`e\kk`XgXi\k\ GI@JD8? @kjkiXejgXi\ekgpiXd`[$j_Xg\[_\Xik_#m`j`Yc\ k_ifl^_XeXe^c\f]fm\i(/'#`jXkil\\oXdgc\ f]m`j`Yc\X`i`e\jj%K_\ZfdgXZk_\Xik_&_flj`e^ le`kXccfnj`kkfYc\e[n`k_[`jk`eZk`fe`ekf Xe\o`jk`e^`ek\i`fifikfgifm`[\X]fZXcgf`ek ]fi[\j`^e`e^Xe\n[\Zfi%F]]\i\[`eknfm\ij`fej1 GI@JD8M#k_\_\`^_kf]n_`Z_`jdX[\kffi[\i# Xe[GI@JD8?#n_`Z_`j[\j`^e\[kf Y\Zfee\Zk\[Xkk_\i\Xi%8iXe^\f]Zfcflij `jXmX`cXYc\% @cjlf]fZfcXi\g`iXd`[Xc\kiXjgXi\ek\#m`j`Y`c\ jlXdg`fiX^^`f#i\e[\hl\jkfZXd`e\kkf le\j\dg`f[`c`e\Xi`k~\c\^^\i\qqX%;``e^fdYif i`[fkkf#cË`ej`\d\]fZfcXi\ZXggXg\id\kk\X hl\jkfdf[\ccf[``ek\^iXij``edf[fj`e^fcXi\ \[fi`^`eXc\`eleXii\[Xd\ekf\j`jk\ek\fgl iXggi\j\ekXi\`cglekf[`gXik\eqXg\ile]lklif [\Zfif%;`jgfe`Y`c\`e[l\m\ij`fe`1GI@JD8M# ZfeXck\qqXi\Xc`qqXY`c\jld`jliX\GI@JD8? ZfeiXZZfi[fgfjk\i`fi\% :XggX[`jgfe`Y`c\`e[`m\ij`Zfcfi`% *+ *, :_\d`e\dliXc\;\nXe[_XXi[\eNXcc$dflek\[]`i\gcXZ\j@ZXd`e\kk`XgXi\k\ /*'' :\kk\Z_\d`e\f]]i\le\m`j`fe[l]\l~(/'% CX]cXdd\[\m`\ek\jk_k`hl\\kle`hl\#c\Zfe]fik m`[\ek\kgX`j`Yc\%CXkXYc\\jk]flie`\[Ëfi`^`e\ Xm\ZleZXii\cX^\\ek\ii\Zl`k\%<cc\g\lkki\ _XY`cc\[\kc\dX`cc\%;`]]i\ekjZfcfi`j jfekgifgfjj\efgk`fe% ;\q\nXe[_XXi[^\\]k\\emlliY\\c[mXe(/'% B`ab\eeXXi[\mcXdd\e#k\in`acd\eq`Z_`e\\e Y\_XX^c`ab\nXidk\bf\jk\ik#`j\\e\jk_\k`jZ_\\e le`\b\Y\c\m\e`j%;\kX]\c`jjkXe[XXi[l`k^\iljkd\k k\iiXZfkkXk\^\cjdXXibXeffbY\[\bknfi[\e d\k^\dX`cc\\i[jkXXc%M\ijZ_`cc\e[\bc\li\e nfi[\enfi[\eXcjfgk`\mffi^\jk\c[% K_`j]`i\gcXZ\gifm`[\jX(/'m`\nf] k_\]`i\%K_\i\jlck`jX]`i\gcXZ\k_Xk`j Y\Xlk`]lcXe[le`hl\#Xjn\ccXjZfjpXe[ g\XZ\]lc%K_\kfgZXjk`e^`jjlggc`\[n`k_XZcXpk`c\ Zfm\i`e^%@kZXeXcjfY\\eZXj\[`e\eXd\cc\[j_\\k d\kXc%@kZfd\j`eXZ_f`Z\f]Zfcflijfgk`feXc % Hl\jkfZXd`e\kkff]]i\leXm`j`fe\ [\c]lfZfX(/'%CXdX\jkfj`k~\[le`Z`k~ [\ccX]`XddXZi\XefleZfe]fik\mfc\j\ejf[` Y\e\jj\i\%@cYfi[f]lfZfgl\jj\i\i`m\jk`kf ZfedXkkfe\cc\`eXZZ`X`fcXZZXkf# [`jgfe`Y`c``e[`m\ij\kfeXc`k~% *- Fgk`fe1_Xlk\lijlid\jli\ Fgk`\1_ff^k\fgdXXk Fgk`fe1_\`^_kdX[\kfd\Xjli\ Fgq`fe`1Xck\qqXjld`jliX *. :_\d`e\dliXc\;\nXe[_XXi[\eNXcc$dflek\[]`i\gcXZ\j@ZXd`e\kk`XgXi\k\ /(.' JgZ`Xc\d\ekkl[`jgfliki\gcXZj[XejcËXe^c\ [Ële\g` Z\#Z\jdf[ c\jZfeal^l\ekcË\jk_k`hl\[Ële ]\lflm\ik\kcXZ_Xc\li[Ële]fp\i]\id~_Xlk i\e[\d\ekZXcfi`]`hl\%C\lijkif`jZkjm`kij f]]i\ek[\jliZifkle\cXi^\m`j`fe[l]\l% ;\q\^\jcfk\e_XXi[\eq`aejg\Z`XXcfeknfig\emffi \\e_f\bfgjk\cc`e^%Q`aZfdY`e\i\e\\e]iXX`\ mfid^\m`e^d\k_f^\nXidk\X]^`]k\%;ffi [\gXefiXd`jZ_\Y\^cXq`e^bXed\efgk`dXXc mXe_\kbiXZ_k`^\mlliY\\c[^\e`\k\e% Jg\Z`Xccp[\j`^e\[kf]`k`ekfk_\Zfie\if]Xiffd# k_\j\df[\cjZfdY`e\k_\Y\Xlkpf]Xefg\e]`i\ n`k_k_\_`^__\Xkflkglkf]Xe\eZcfj\[]`i\gcXZ\% @eX[[`k`fek_\k_i\\^cXq\[j`[\jgifm`[\ X\ok\e[\[m`\nf]k_\]`i\% :feZ\g`k`\jj\eq`Xcd\ek\g\i\jj\i\gfj`q`feXk`X[ Xe^fcf#hl\jk`ZXd`e\kk`jfef`e^iX[f[`Zfe`l^Xi\ cË\jk\k`ZX[`le]lfZfXg\ikfZfe`cZXcfi\[`le]lfZf Z_`ljfX[Xckfi\e[`d\ekf%@ki\cXk`m\kiXk`f]]ifef leXm`j`fe\dfckfgXefiXd`ZX[\ccX]`XddX% /(., */ *0 :_\d`e\dliXc\;\nXe[_XXi[\eNXcc$dflek\[]`i\gcXZ\j@ZXd`e\kk`XgXi\k\ @QF :_\d`e\[ËXe^c\jljg\e[l\%Jfe\eZfdYi\d\ek kl[`Xlgcljaljk\g\id\kle\jflgc\jj\ [ËX[XgkXk`fe\kle\`ejkXccXk`feki jj`dgc\%Dle`\ [Ële\gfik\YXjZlcXek\\k[Ële_lYcfkki`Xe^lcX`i\# \cc\f]]i\le\m`j`fe[l]\lfgk`dXc\%;`]]i\ekj Zfcfi`jjfekgifgfjjgflic\jgXee\XlocXkiXlo% Fg_Xe^_XXi[#_f\bdf[\c%D`elk`\ljl`k^\b`\e[\ X]d\k`e^\eqfi^\emffi^\dXbb\c`ab\XXegXjj`e^jdf$ ^\c`ab_\[\e\e\\el`k\idXk\\\emfl[`^\gcXXkj`e^% ;\_XXi[_\\]k\\eeXXiY\e\[\e[iXX`\e[\[\li\e \\e[i`\_f\b`^iXXdga\fdfgk`dXXcmXe_\k mcXdd\ejZ_flnjg\ck\blee\e^\e`\k\e%;\ q`agXe\c\eq`ae`e[`m\ij\bc\lik`ek\ek\m\ibi`a^\e% Jljg\e[\[Zfie\i]`i\gcXZ\%;\j`^e\[ kfY\XjZfdgXZkXjgfjj`Yc\#k_`j]`i\gcXZ\ `j]c\o`Yc\kfX[XgkXe[m\ip\Xjpkf`ejkXcc% <hl`gg\[n`k_Xg`mfk`e^[ffiXe[Xki`Xe^lcXi n`e[fn#`kgifm`[\jXefgk`dldm`\nf]k_\]`i\%K_\i\ `jXZ_f`Z\f]Zfcflij]fik_\j`[\gXe\cj% :Xd`e\kkfXe^fcXi\jfjg\jfZfe]fid\\[`d\ej`fe` jkl[`Xk\]`efXccËlck`dfd`cc`d\kif#@QF ZXiXkk\i`qqXkf[XleË\jki\dXgiXk`Z`k~\j\dgc`Z`k~[` `ejkXccXq`fe\%;fkXkf[`leËXek`eXZfeXg\ikliXX YXkk\ek\\[`lem\kifki`Xe^fcXi\#hl\jkfdf[\ccf f]]i\leXm`j`fe\gXefiXd`ZX[\ccX]`XddX%@gXee\cc` cXk\iXc`jfef[`jgfe`Y`c``e[`m\ij`Zfcfi`% +' Fgk`fe1_Xlk\lijlid\jli\ Fgk`\1_ff^k\fgdXXk Fgk`fe1_\`^_kdX[\kfd\Xjli\ Fgq`fe`1Xck\qqXjld`jliX +( C\j]\loflm\ikjjljg\e[lj;\fg\e_Xe^_XXi[\eJljg\e[\[fg\e]`i\gcXZ\j:Xd`e\kk`Xg\ik`jfjg\j` .('' Jflj[\j]fid\jhl`jË_Xidfe`j\ek Xljj`Y`\eXljkpc\iljk`hl\hl\Zfek\dgfiX`e# Z\j]\loflm\ikjigfe[\ekXlim\[\Z\lohl` i\Z_\iZ_\ekcËXdY`XeZ\[\cX]cXdd\jXejjXZi`]`\i c\i\e[\d\ekZXcfi`]`hl\% ;\mfid^\m`e^mXe[\q\fg\e_XXi[\e _Xidfe`\\ikd\kiljk`\b\\e_\[\e[XX^j\ `ek\i`\lij%;\q\fekn\ig\eq`ae`[\XXc mffin`\fgqf\b`jeXXi\\e_XXi[[`\ j]\\iYi\e^k`e[\bXd\i\ekfZ_\\e Y\_XX^c`ab\nXidk\X]^\\]k% <hlXccpXk_fd\n`k_iljk`Zfi Zfek\dgfiXipjkpc\j#k_\j\fg\e]`i\jXi\ `[\Xc`]pflXi\j\\b`e^k_\Xkdfjg_\i\f] Xi\Xc]`i\n`k_flkjXZi`]`Z`e^_\Xkflkglk% :fe]fid\Z_\j`jgfjXefXg\i]\q`fe\ Zfe`ciljk`Zf#dXXeZ_\Zfecfjk`c\ Zfek\dgfiXe\f#hl\jk`]lfZ_`Xg\ik` `eZfekiXef`[\j`[\i`[`ZfcfifZ_\ i`Z\iZXefcfjg\kkXZfcf[\ccX]`XddX j\eqXi`eleZ`Xi\XccXi\jXk\id`ZX% +) Fgk`fe1_Xlk\lijlid\jli\ Fgk`\1_ff^k\fgdXXk Fgk`fe1_\`^_kdX[\kfd\Xjli\ Fgq`fe`1Xck\qqXjld`jliX +* C\j]\loflm\ikjjljg\e[lj;\fg\e_Xe^_XXi[\eJljg\e[\[fg\e]`i\gcXZ\j:Xd`e\kk`Xg\ik`jfjg\j` .''. Jflj[\j]fid\jhl`jË_Xidfe`j\ek Xljj`Y`\eXljkpc\iljk`hl\hl\Zfek\dgfiX`e# Z\j]\loflm\ikjigfe[\ekXlim\[\Z\lohl` i\Z_\iZ_\ekcËXdY`XeZ\[\cX]cXdd\jXejjXZi`]`\i c\i\e[\d\ekZXcfi`]`hl\% ;\mfid^\m`e^mXe[\q\fg\e_XXi[\e _Xidfe`\\ikd\kiljk`\b\\e_\[\e[XX^j\ `ek\i`\lij%;\q\fekn\ig\eq`ae`[\XXc mffin`\fgqf\b`jeXXi\\e_XXi[[`\ j]\\iYi\e^k`e[\bXd\i\ekfZ_\\e Y\_XX^c`ab\nXidk\X]^\\]k% <hlXccpXk_fd\n`k_iljk`Zfi Zfek\dgfiXipjkpc\j#k_\j\fg\e]`i\jXi\ `[\Xc`]pflXi\j\\b`e^k_\Xkdfjg_\i\f] Xi\Xc]`i\n`k_flkjXZi`]`Z`e^_\Xkflkglk% :fe]fid\Z_\j`jgfjXefXg\i]\q`fe\ Zfe`ciljk`Zf#dXXeZ_\Zfecfjk`c\ Zfek\dgfiXe\f#hl\jk`]lfZ_`Xg\ik` `eZfekiXef`[\j`[\i`[`ZfcfifZ_\ i`Z\iZXefcfjg\kkXZfcf[\ccX]`XddX j\eqXi`eleZ`Xi\XccXi\jXk\id`ZX% ++ +, C\j]\loflm\ikjjljg\e[lj;\fg\e_Xe^_XXi[\eJljg\e[\[fg\e]`i\gcXZ\j:Xd`e\kk`Xg\ik`jfjg\j` .()' Jflj[\j]fid\jhl`jË_Xidfe`j\ek Xljj`Y`\eXljkpc\iljk`hl\hl\Zfek\dgfiX`e# Z\j]\loflm\ikjigfe[\ekXlim\[\Z\lohl` i\Z_\iZ_\ekcËXdY`XeZ\[\cX]cXdd\jXejjXZi`]`\i c\i\e[\d\ekZXcfi`]`hl\% ;\mfid^\m`e^mXe[\q\fg\e_XXi[\e _Xidfe`\\ikd\kiljk`\b\\e_\[\e[XX^j\ `ek\i`\lij%;\q\fekn\ig\eq`ae`[\XXc mffin`\fgqf\b`jeXXi\\e_XXi[[`\ j]\\iYi\e^k`e[\bXd\i\ekfZ_\\e Y\_XX^c`ab\nXidk\X]^\\]k% <hlXccpXk_fd\n`k_iljk`Zfi Zfek\dgfiXipjkpc\j#k_\j\fg\e]`i\jXi\ `[\Xc`]pflXi\j\\b`e^k_\Xkdfjg_\i\f] Xi\Xc]`i\n`k_flkjXZi`]`Z`e^_\Xkflkglk% :fe]fid\Z_\j`jgfjXefXg\i]\q`fe\ Zfe`ciljk`Zf#dXXeZ_\Zfecfjk`c\ Zfek\dgfiXe\f#hl\jk`]lfZ_`Xg\ik` `eZfekiXef`[\j`[\i`[`ZfcfifZ_\ i`Z\iZXefcfjg\kkXZfcf[\ccX]`XddX j\eqXi`eleZ`Xi\XccXi\jXk\id`ZX% +- +. C\j]\loflm\ikjjljg\e[lj;\fg\e_Xe^_XXi[\eJljg\e[\[fg\e]`i\gcXZ\j:Xd`e\kk`Xg\ik`jfjg\j` ,'', Jflj[\j]fid\jhl`jË_Xidfe`j\ek Xljj`Y`\eXljkpc\iljk`hl\ hl\Zfek\dgfiX`e#Z\j]\loflm\ikj igfe[\ekXlim\[\Z\lohl` i\Z_\iZ_\ekcËXdY`XeZ\[\cX]cXdd\ jXejjXZi`]`\ic\i\e[\d\ekZXcfi`]`hl\% ;\mfid^\m`e^mXe[\q\fg\e_XXi[\e _Xidfe`\\ikd\kiljk`\b\ \e_\[\e[XX^j\`ek\i`\lij% ;\q\fekn\ig\eq`ae`[\XXc mffin`\fgqf\b`jeXXi\\e _XXi[[`\j]\\iYi\e^k`e [\bXd\i\ekfZ_\\e Y\_XX^c`ab\nXidk\X]^\\]k% <hlXccpXk_fd\n`k_iljk`Zfi Zfek\dgfiXipjkpc\j#k_\j\fg\e]`i\j Xi\`[\Xc`]pflXi\j\\b`e^ k_\Xkdfjg_\i\f] Xi\Xc]`i\n`k_flkjXZi`]`Z`e^ _\Xkflkglk% :fe]fid\Z_\j`jgfjXef Xg\i]\q`fe\Zfe`ciljk`Zf# dXXeZ_\Zfecfjk`c\ Zfek\dgfiXe\f#hl\jk`]lfZ_` Xg\ik``eZfekiXef`[\j`[\i` [`ZfcfifZ_\i`Z\iZXefcf jg\kkXZfcf[\ccX]`XddX j\eqXi`eleZ`Xi\XccX i\jXk\id`ZX% +/ +0 C\j\eZXjkiXYc\j;\`eYfln_XXi[\e9l`ck$`e=`i\gcXZ\j>c``ej\ik` M@J@F -0$+) CXjfYi`k[Ële\jkilZkli\hl` j\]X`k[`jZi k\gflif]]i`iXlo ]cXdd\jcË\o`^\eZ\[Ële\Xccli\ Zfek\dgfiX`e\% ;\\\emfl[mXe[\jkilZklli`j [`jZi\\kfd[\mcXdd\e\\e _\[\e[XX^jXccli\k\^\m\e% K_\i\jkiX`ekf]XjkilZkli\ n_`Z_[`jZi\\kcpYi`e^j k_\[`jZ`gc`e\f]XZfek\dgfiXip cffbkfk_\]cXd\j% CXjfYi`\k~[`leXjkilkkliX Z_\j`]X[`jZi\kXg\i f]]i`i\Xcc\]`Xdd\ cË\j`^\eqX[`leXjg\kkf Zfek\dgfiXe\f% /'$+) /'$,' ,' ,( C\j\eZXjkiXYc\j;\`eYfln_XXi[\e9l`ck$`e=`i\gcXZ\j>c``ej\ik` /'$-'#-0$,)#/'$,) CXjfYi`k[Ële\jkilZkli\hl`j\]X`k [`jZi k\gflif]]i`iXlo]cXdd\j cË\o`^\eZ\[Ële\Xccli\Zfek\dgfiX`e\% ;\\\emfl[mXe[\jkilZklli `j[`jZi\\kfd[\mcXdd\e\\e _\[\e[XX^jXccli\k\^\m\e% K_\i\jkiX`ekf]XjkilZkli\ n_`Z_[`jZi\\kcpYi`e^j k_\[`jZ`gc`e\f]XZfek\dgfiXipcffb kfk_\]cXd\j% CXjfYi`\k~[`leXjkilkkliX Z_\j`]X[`jZi\kXg\i f]]i`i\Xcc\]`Xdd\ cË\j`^\eqX[`leXjg\kkf Zfek\dgfiXe\f% /'$-' -0$,) /'$,) Fgk`fe1ZX[i\ef`i Fgk`\1qnXik\c`ajk Fgk`fe1YcXZb]iXd\ ,) Fgq`fe`1gif]`cfe\if ,* C\j\eZXjkiXYc\j;\`eYfln_XXi[\e9l`ck$`e=`i\gcXZ\j>c``ej\ik` /'$-'&)#-0$,)&)#/'$,)&) C\j[flYc\$]XZ\jgXi\ekc\j\jgXZ\jkflk\eXjjliXekcË_Xidfe`\\eki\c\j g` Z\j[Ë_XY`kXk`fe%@cjZi\ekle\g\ijg\Zk`m\\kg\id\kk\ek[Ëf]]i`iXl]\l [\lo_XY`ccX^\jgXi]f`j[\jkpc\[`]]i\ek%CXgif]fe[\likXekiXc`j\jli d\jli\#`cjf]]i\ek[\efdYi\lj\jgfjj`Y`c`kj[Ë`ejkXccXk`fe% ;\[ffib`ab_XXi[\eq`aecXe^jkn\\bXek\ekf\^Xeb\c`ab\eblee\e`ekn\\ m\ijZ_`cc\e[\m\iki\bb\e[`\ejk[f\e#qfe[\i_\k_Xidfe`jZ_l`kq`Z_kmXe `\[\im\iki\bk\m\ijkfi\e%Q`aZi\\i\e\\eg\ijg\Zk`\]\eblee\eq\c]j`e Y\`[\m\iki\bb\e`em\ijZ_`cc\e[\jk`acnfi[\eXXe^\bc\\[%;\[`\gk\mXe [\q\_XXi[\ebXefgdXXknfi[\el`k^\mf\i[_\k^\\eXc[lj kXci`ab\`ejkXccXk`\df^\c`ab_\[\eY`\[k% ;flYc\$j`[\[]`i\gcXZ\jj\gXiXk\c`m`e^Xi\Xjn_`cjkXkk_\jXd\k`d\ \ejli`e^_XidfepY\kn\\ek_\d%K_\pZi\Xk\g\ijg\Zk`m\Xe[dXb\`k gfjj`Yc\kfZi\Xk\knf]`i\gcXZ\Zfm\i`e^jn_`Z_ZXeY\`e[`]]\i\ekjkpc\j% J`eZ\k_\[\gk_f]k_\j\]`i\gcXZ\j`jdX[\kffi[\i#k_\i\Xi\eld\iflj `ejkXccXk`fegfjj`Y`c`k`\j% @[flYc\$]XZ\X^`jZfef[X[`m`jfi`gli^XiXek\e[fcËXidfe`X[\^c`jgXq` XY`kXk`m`%:i\XefleXelfmXg\iZ\q`fe\\[XeefXc]lfZfcXgfjj`Y`c`k~[`f]$ ]i`i\[l\i`m\jk`d\ek`#Xmfck\XeZ_\[`jk`c\[`]]\i\ek\%CXgif]fe[`k~m`\e\ i\Xc`qqXkXjld`jliX#hl`e[`\j`jkfefeld\ifj\gfjj`Y`c`k~[``ejkXccXq`fe\% /'$-'&) -0$,)&) /'$,)&) ,+ Fgk`fe1ZX[i\ef`i Fgk`\1qnXik\c`ajk Fgk`fe1YcXZb]iXd\ Fgq`fe`1gif]`cfe\if ,, C\j\eZXjkiXYc\j;\`eYfln_XXi[\e9l`ck$`e=`i\gcXZ\j>c``ej\ik` J<;E8()'o(+' C\jdf[ c\jJ<;E8()'\kJ<;E8(+'Xloc`^e\jjfYi\j\k gli\jigfe[\ekXlo[\dXe[\j[\jZc`\ekjc\jgclj\o`^\Xekjhl` jfl_X`k\ekj\[`jk`e^l\igXileXggXi\`chl`ZfdY`e\ gXi]X`k\d\ekfi`^`eXc`k\kg\i]fidXeZ\jZXcfi`]`hl\j% @cjg\lm\ekYe]`Z`\i\efgk`fe[\cXgfik\^XcY\\k[Ëlem\ek`cXk\li% ;\df[\cc\eJ<;E8()'\eJ<;E8(+'d\kjfY\i\\e ql`m\i\c`ae\eY\Xeknffi[\eXXe[\miX^\emXem\\c\`j\e[\bcXek\e[`\ q`Z_n`cc\efe[\ijZ_\`[\e[ffik\b`\q\emffi\\e_XXi[[`\fi`^`eX$ c`k\`k\egi\jkXk`\jg\i]\Zkn\\kk\ZfdY`e\i\e%Q\blee\e`efgk`\ l`k^\iljknfi[\ed\k\\e^\Yf^\eiXXd\e\\em\ek`cXkfi% N`k_jfY\iXe[gli\c`e\j#k_\df[\cjJ<;E8()'Xe[J<;E8(+' d\\kjk_\[\dXe[jf][`jZi`d`eXk`e^Zc`\ekjk_Xk nXekkf[`jk`e^l`j_k_\dj\cm\jYpfgk`e^]fiX]`i\gcXZ\XYc\kfZfd$ Y`e\fi`^`eXc`kpXe[g\i]fidXeZ\kfg\i]\Zk`fe% K_\pZXeY\e\]`k`efgk`fef]XZlim\[[ffiXeX]Xe% :fec\jl\c`e\\jfYi`\\gli\#Xcc`df[\cc`J<;E8()'\J<;E8(+'i`j$ gfe[fefXcc\\j`^\eq\[\`Zc`\ek`g\ijg`ZXZ`Z_\[\j`[\iXef[`jk`e^l\ij` fgkXe[fg\ileZXd`efZXgXZ\[`ZfdY`eXi\cËfi`^`eXc`k~\c\gi\jkX$ q`fe`ZfecXg\i]\q`fe\%GfjjfefY\e\]`Z`Xi\`efgq`fe\[\ccXgfikX jX^fdXkX\[`lem\ek`cXkfi\% Fgk`fe1gXili\^XcY\#Zflc\lik`kXe\ Fgk`\1ZfeZXm\m\ij`\i`e^#k`kXe`ldbc\li Fgk`fe1ZfeZXm\ki`d#k`kXe`ldZfcfli Fgq`fe`1i`m\jk`d\ekfZfeZXmfYifeqf ,- ,. C\j\eZXjkiXYc\j;\`eYfln_XXi[\e9l`ck$`e=`i\gcXZ\j>c``ej\ik` +)'' Le\Z_\d`e\[\]fid\fi`^`eXc\Xljkpc\ glihl`g\lkki\X^id\ek\gXile]`eZX[i\ef`i# k`kXe\#cX`kfefl`efoY`j\Xlk%;\]X`Yc\\eZfdYi\d\ek \cc\f]]i\c\jXmXekX^\j[Ële\eZXjkiXYc\ZcXjj`hl\1 i\e[\d\ekZXcfi`]`hl\#iZlgiXk`fe[\Z_Xc\li gXicX[flYc\gXif`#jZli`kkfkXc\% <\e_XXi[d\k\\efi`^`e\c\mfid\e\\eql`m\i\ jk`ac[`\m\i]iXX`[bXenfi[\ed\k\\eqnXik\# k`kXe`ld#d\jj`e^f]`efo^\jc\g\ebX[\i% D\kq`aebc\`e\^\jkXck\#Y`\[k[\q\_XXi[[\ mffi[\c\emXe\\ebcXjj`\b\`eYfln_XXi[1 nXidk\i\e[\d\ek#nXidk\i\Zlg\iXk`\[ffi[\ [lYY\c\nXe[\eXYjfclk\m\`c`^_\`[% 8efi`^`eXcj_Xg\[Z_`de\pk_XkZXeY\ \dY\cc`j_\[YpXk_`eYcXZb#k`kXe`ld#YiXjjfiZ_Xd]\i\[ jkX`ec\jjjk\\c]iXd\%JdXccj`q\[#`kf]]\ijk_\X[mXekX^\j f]XZcXjj`ZYl`ck$`e]`i\gcXZ\1_\Xk`e^flkglk#_\Xk i\Zfm\ipYpk_\[flYc\j`[\[nXcc#kfkXcj\Zli`kp% Ledf[\ccf[`]fidXfi`^`eXc\#[Xccfjk`c\glif\c`e\Xi\# Z_\gl\jj\i\\m\eklXcd\ek\ZfekfieXY`c\Zfele gif]`cfe\if#Yifeqf#fkkfe\f`efo%;Xcd`e`df`e^fdYif# \jjff]]i\klkk``mXekX^^`[\^c``ej\ik`ZcXjj`Z`1 YlfeXi\jX#i\Zlg\if[\cZXcfi\XkkiXm\ijf cX[fgg`XgXi\k\#j`Zli\qqXkfkXc\% Fgk`fe1ZX[i\`efoY`j\Xlk Fgk`\1`efoc`ajkd\k^\jc\g\eiXe[\e Fgk`fe1Z_Xd]\i\[]iXd\`ejkX`ec\jjjk\\c Fgq`fe`1gif]`cf`efo ,/ ,0 C\j\eZXjkiXYc\j;\`eYfln_XXi[\e9l`ck$`e=`i\gcXZ\j>c``ej\ik` )''( Mi`kXYc\kXYc\Xl[\]\l#Z\kk\Z_\d`e\ j\[`jk`e^l\gXijX_Xlk\lihl`g\id\k Xlo]cXdd\j[\jËk\e[i\kflk\ecfe^l\li% <cc\\jkdle`\[Ële\^iXe[\gfik\c^ i\d\ek ^XcY\\kg\lkki\X^id\ek\ [Ële]`eZX[i\[ZfiXk`]% ;\q\_XXi[#\\enXXimcXdd\ejZ_`c[\i`a# mXckfg[ffiq`ae_ff^k\\ecXXk [\m\ijgi\`[`e^mXe[\mcXdd\ekf\% ?\k`jl`k^\iljkd\k\\e^ifk\#c`Z_kX]^\ife[\ [\li\ebXem\i]iXX`[nfi[\ed\k\\e ]`ae\j`\ic`ajk% K_`jZ_`de\p#Xkil\]`i\gX`ek`e^#`j [`jk`e^l`j_XYc\Yp`kj_\`^_kXe[Xccfnj k_\jgi\X[`e^f]k_\]cXd\j%@k`j\hl`gg\[ n`k_XcXi^\jc`^_kcpZlim\[[ffiXe[d`^_k Y\\dY\cc`j_\[YpXk_`efieXd\ekXc]iXd\% HlXj`Zfd\le[`g`ekf[`]lfZf#hl\jkf df[\ccfj`[`jk`e^l\g\icXjlXXck\qqXZ_\ Zfej\ek\Xcc\]`Xdd\[`jm`clggXij`e\ccX cfif`ek\i\qqX%Dle`kf[`leËXdg`XXek`eX c\^^\id\ek\i`ZlimX# \m\eklXcd\ek\ ZfekfieXY`c\Zfele]`e\gif]`cf[\ZfiXk`mf% Fgk`fe1ZX[i\cX`kfe(gc`)/dd Fgk`\1d\jj`e^c`ajk(gcff`)/dd Fgk`fe1YiXjj]iXd\(]fc[)/dd Fgq`fe`1gif]`cffkkfe\(g`\^X)/dd -' -( C\jgfc\j~9f`j;\_flkbXZ_\cjNff[$Ylie`e^jkfm\jJkl]\Xc\^eX *'.*&*'.*;G&G*'.*&G*'.*;G C\j\eZXjkiXYc\j[\cX^Xdd\;FE$98I^XiXek`jj\ekle\oZ\cc\ek i\e[\d\ekZXcfi`]`hl\%CXZ_Xc\li\jk[`]]lj\XlkiXm\ij[\cXm`ki\\k cËX`iZ_Xl[hl`Z`iZlc\\eki\c\j[\logXif`j\jkglcjm\ijcXg` Z\% <efgk`fe#lem\ek`cXk\ligl`jjXek\kki jj`c\eZ`\lo#XZZc i\\eZfi\cX iZlgiXk`fe[\Z_Xc\li%:\j]fp\ijf]]i\ekle\m`j`fegXefiXd`hl\ [\j]cXdd\j^iZ\Xlom`ki\jZiXd`hl\j[`jgfj\j\eXe^c\j dlck`gc\j%C\lijXkflkjdXa\lij1le\^iXe[\gli\k[\jc`^e\j\k le_Xlki\e[\d\ekZXcfi`]`hl\% ;\`eYfln_XXi[\emXe;FE$98IY`\[\e\\e_ff^ZXcfi`jZ_i\e[\d\ek% ;\nXidk\nfi[k[ffi[\Yi\[\^cXjil`km\ijgi\`[\e[\nXid\clZ_k nfi[kcXe^j[\[lYY\c\nXe[eXXi[\bXd\i^\jkln[%@efgk`\bXe\\e biXZ_k`^\\e^\il`jcfq\m\ek`cXkfim\ibi\^\enfi[\e[`\[\nXidk\i\Zl$ g\iXk`\ef^m\i_ff^[%;\m\\c_f\b`^\Y\^cXq`e^Y`\[k\\egXefiXd`jZ_ q`Z_kfg_\kmcXdd\ejg\c%;\jk\ib\glek\emXe[\q\df[\cc\e1_le mfid^\m`e^#_f^\nXidk\X]^`]k\\e`ejkXccXk`\Zfd]fik% 9l`ck$`e]`i\gcXZ\j]ifdk_\;FE$98IiXe^\^lXiXek\\\oZ\cc\ek_\Xk flkglk%K_\_\Xk`j[`]]lj\[k_ifl^_k_\^cXjjXe[k_\_fkX`iZ`iZlcXk`e^ Y\kn\\ek_\knfnXccj`jgldg\[`ekfk_\iffd%8gfn\i]lcXe[m\ip j`c\ek]Xekfjg\\[lg_\Xki\Zfm\ip`jf]]\i\[XjXefgk`fe%K_\j\ ]`i\gcXZ\jgifm`[\Xe\ok\e[\[m`\nf]k_\]cXd\jk_Xebjkfk_\Z\iXd`Z ^cXjjgXe\jj\kXk[`]]\i\ekXe^c\j%K_\`idX`eXjj\kjXi\^i\Xkgli`kpf] c`e\Xe[_`^__\Xkflkglk% >c``ej\ik`;FE$98I^XiXek`jZfefleXi\jXk\id`ZX\ZZ\q`feXc\%@cZXcfi\ m`\e\kiXjd\jjfXkkiXm\ijf`cm\kif$]lfZf\cËXi`XZXc[XZ_\Z`iZfcX]iXc\ [l\gXi\k`m`\e\[`i\q`feXkXe\ccXjkXeqX%<Ëgfjj`Y`c\X[XkkXi\`efgq`fe\ leb`k[`m\ek`cXq`fe\`e^iX[f[`XZZ\c\iXi\lck\i`fid\ek\ `ci\Zlg\if[\cZXcfi\%Hl\jk`ZXd`e\kk`f]]ifefleXm`j`fe\ gXefiXd`ZX[\cc\]`Xdd\XkkiXm\ijf`mXi`m\ki`Z\iXd`Z`[`jgfjk``e [`m\ij\Xe^fcXq`fe`%@ccfifglekf[`]fiqX1leË\jki\dXgli\qqX e\cc\c`e\\\[leË\ZZ\q`feXc\i\jXk\id`ZX% -) -* C\jgfc\j~9f`j;\_flkbXZ_\cjNff[$Ylie`e^jkfm\jJkl]\Xc\^eX CF=K M`kijflefe#c\jgfc\j~Yf`j ;FE$98IjfekXljj`[ZfiXk`]jhl\ ]feZk`fee\cj%C\lilk`c`jXk`fegfik\j ]\id\jg\id\klei\e[\d\ekfgk`dXc Zfeal^l~le\ZfdYljk`fe[\jgcljjfYi\j% -0$,)C ;\_flkbXZ_\cjmXe;FE$98I# d\kf]qfe[\i^cXjil`k\e#q`aee`\kXcc\\e [\ZfiXk`\]dXXiffb]leZk`fe\\c% ;\nXidk\X]^`]k\`jY`aqfe[\i_ff^# k\in`ac_\k^\Yil`bXXe[\cX^\bXekYc`a]k% N_\k_\i^cXq\[fifk_\in`j\# ;FE$98Inff[$Ylie`e^jkfm\jXi\Xj [\ZfiXk`m\Xjk_\pXi\]leZk`feXc%K_\ Zcfj\[$[ffijpjk\dXccfnjfgk`dldflkglk ZfdY`e\[n`k_jcfn]l\cZfejldgk`fe% M\kiXk\fefe#c\jkl]\Xc\^eX ;FE$98IXYY`eXef\jk\k`ZX\]leq`feXc`k~% 8[Xek`eXZ_`ljX#cXi\jXk\id`ZX fkk`dXc\ \[`Zfejld`\jki\dXd\ek\i`[fkk`% /'$,)C /'$-'C -+ -, C\jgfc\j~9f`j;\_flkbXZ_\cjNff[$Ylie`e^jkfm\jJkl]\Xc\^eX -0'' M`kijflefe#c\jgfc\j~Yf`j ;FE$98IjfekXljj`[ZfiXk`]jhl\ ]feZk`fee\cj%C\lilk`c`jXk`fegfik\j ]\id\jg\id\klei\e[\d\ekfgk`dXc Zfeal^l~le\ZfdYljk`fe[\jgcljjfYi\j% ;\_flkbXZ_\cjmXe;FE$98I# d\kf]qfe[\i^cXjil`k\e#q`aee`\kXcc\\e [\ZfiXk`\]dXXiffb]leZk`fe\\c% ;\nXidk\X]^`]k\`jY`aqfe[\i_ff^# k\in`ac_\k^\Yil`bXXe[\cX^\bXekYc`a]k% N_\k_\i^cXq\[fifk_\in`j\# ;FE$98Inff[$Ylie`e^jkfm\jXi\Xj [\ZfiXk`m\Xjk_\pXi\]leZk`feXc%K_\ Zcfj\[$[ffijpjk\dXccfnjfgk`dldflkglk ZfdY`e\[n`k_jcfn]l\cZfejldgk`fe% M\kiXk\fefe#c\jkl]\Xc\^eX ;FE$98IXYY`eXef\jk\k`ZX\]leq`feXc`k~% 8[Xek`eXZ_`ljX#cXi\jXk\id`ZX fkk`dXc\ \[`Zfejld`\jki\dXd\ek\i`[fkk`% -- -. Jlid\jli\FgdXXkDX[\kfd\Xjli\Jld`jliX JLID<JLI< -/ -0 :_\d`e\jiefm\jM\ie`\ln[\jZ_fln\eI\efmXk\[Z_`de\pj@ZXd`e`i`eefmXk` C<JIyEFM8K@FEJ :\jiXc`jXk`fejg\id\kk\ek[\i\[fee\im`\XloXeZ`\ee\j Z_\d`e\jhl`e\]feZk`fee\ekgclj#jXej[eXkli\icËki\% CXZ_\d`e\[ËXekXei\kiflm\X`ej`le\eflm\cc\a\le\jj\\k f]]i\le\Y\cc\m`j`fe[\cX]cXdd\\ekflk\jZli`kXlki\j df[ c\j^Xc\d\ek[`jgfe`Yc\j % ;\q\i\Xc`jXk`\jjkXXekf\\\ee`\lnc\m\ek\^\m\eXXefl[\ _XXi[\e[`\e`\kd\\i`en\ib`e^q`ae#qfe[\i[\jkffbgcXXkjk\ m\imfid\e%;\fl[\_XXi[bi`a^k[Xe\\ekn\\[\a\l^[ \eY`\[k\\edff`\em\`c`^mcXdd\eY\\c[Xe[\i\ df[\cc\effbm\ibi`a^YXXi % .' K_fj\i\Xc`qXk`fejXccfnkfb\\gXeZ`\ekZ_`de\pj^f`e^ n`k_flk[\eXkli`e^k_\_\Xik_%K_\XeZ`\ekZ_`de\p_Xjk_\e Xj\Zfe[pflk_Xe[f]]\ijXY\Xlk`]lcXe[jX]\m`j`fef]k_\ ]cXd\jfk_\idf[\cjXcjfXmX`cXYc\ % Hl\jk\i\Xc`qqXq`fe`Zfej\ekfef[`i`[Xi\m`kXX`m\ZZ_` ZXde\kk`Z_\efe]leq`feXefg`dfckfY\e\#j\eqX [\eXkliXie\cfjg`i`kf%@cZXd`e\kkf[`leXmfckXi`m`m\ leXelfmX^`fm`e\qqX\f]]i\leelfmfjg\kkXZfcf[\c]lfZf# `eg`\eXj`Zli\qqXXcki`df[\cc`[`jgfe`Y`c` % .( C\jXZZ\jjf`i\j;\kf\Y\_fi\e8ZZ\jjfi`\j>c`XZZ\jjfi` C<J8::<JJF@I<J 8m\ZcXdd\\o`^\eZ\[\giZ`j`fe\k[\ ]`e`k`fe#;FE$98I;<J@>Emfljgifgfj\le\ ^Xdd\[ËXZZ\jjf`i\jX[Xgk\~mfki\]fp\i\k mfki\\em`ifee\d\ek% ;\q\c][\qfi^mffi_\k[\kX`cm`e[kd\ek\il^ ÊÊLËË `e_\k^XddXkf\Y\_fi\emXe;FE$98I;<J@>E [Xk_\c\dXXckf\^\jg`kjk`jfglnZfd]fik% N`k_k_\jXd\jkXe[Xi[f]gi\Z`j`feXe[]`e`j_# ;FE$98I;<J@>Ef]]\ijpflXiXe^\f] XZZ\jjfi`\j`eb\\g`e^n`k_pfli]`i\gcXZ\Xe[ _fd\jliifle[`e^j ÊÊA8CËË ;FE$98I;<J@>Ed\kk\XmfjkiX[`jgfj`q`fe\ leX^XddX[`XZZ\jjfi`[XXYY`eXi\Xcmfjkif ZXd`e\kkf#Z_\i`jgfe[fefXcc\jl\jk\jj\\j`^\eq\ [`gi\Z`j`fe\\]`e`kliX% ÊÊMËË .) C\jiXZZfi[\d\ekj8Xejcl`k`e^\e:fee\Zk`fej:fcc\^Xd\ek` C<JI8::FI;<D<EKJ GcXk`e\`eZc`e\Xm\ZZX`jjfe JZ_l`e\gcXXkd\kXXegXjj`e^jjklb :\`c`e^gcXk\n`k_X[XgkXk`fe 8[XkkXd\ekfXZXjjfe\ g\ijf]]`kkf`eZc`eXkf ;FE$98I\k8IK@D8Kigfe[\ek~[\j k\Z_e`hl\jcXYfi\j[\i\e[\d\ek# [\ZfdYljk`fe\k[\gfjkZfdYljk`fe2c`d`kXek XldXo`dldcËd`jj`fe[\:F)#Zfe]fidd\ek Xloi ^c\j\em`ifee\d\ekXc\jc\jgcljjki`Zk\j% ;FE$98I\e8IK@D8Kmfc[f\ejki`bkXXe [\k\Z_e`jZ_\efid\e`eqXb\i\e[\d\ek# m\iYiXe[`e^\eeXm\iYiXe[`e^#d\k\\e dXo`dXc\Y\g\ib`e^mXe:F)$\d`jj`\# Zfe]fid[\jki\e^jk\d`c`\lmffijZ_i`]k\e% GcXk`e\gcXk\ ;FE$98IXe[8IK@D8K`eZfigfiXk\ McXbb\gcXXk jfg_`jk`ZXk\[flkglk#ZfdYljk`feXe[ =cXkgcXk\ =cXe^`Xg`XkkX gfjkZfdYljk`fek\Z_e`hl\j#c`d`k`e^:F) \d`jj`fejkfk_\d`e`dldkfZfdgcp n`k_k_\jki`Zk\jk\em`ifed\ekXci\^lcXk`fej% ;FE$98I\8IK@D8Kjfef`ci`jlckXkf[` XmXeqXk\k\Ze`Z_\[`i\e[`d\ekf# [`ZfdYljk`fe\\gfjk$ZfdYljk`fe\# `e^iX[f[`i`[lii\Xd`e`d`mXcfi` GcXk`e\gcXk\Xm\ZZX`jjfe McXbb\gcXXkd\kXXegXjj`e^jjklb c\\d`jj`fe`[`^XjefZ`m`#`ec`e\XZfe c\efidXk`m\g`j\m\i\`edXk\i`X[`\Zfcf^`X% =cXkgcXk\n`k_X[XgkXk`fe =cXe^`Xg`XkkXjg\jjfiXkX GcXk`e\`eZc`e\gcXk\ JZ_l`e\mcXbb\gcXXk =cXkZ\`c`e^gcXk\ =cXe^`X`eZc`eXkXg`XkkX IXZZfi[\d\ek_fijXo\ 8Xejcl`k`e^Yl`k\e[\Xj :fee\Zk`feflkf]Z\eki\ IXZZfi[f]lfi`Xjj\ .* ;\befn$_fnK_\befn$_fn@cbefn$_fn C<J8MF@I$=8@I< CXg_`cfjfg_`\;FE$98Ii\gfj\#[\gl`jc\j Xee\j.'#jlic\Z_f`o[Ële[\j`^ejXej ZfeZ\jj`fefc\dkXcef`idkXcc`j#Z\cl`hl` ZXgk\jlYk`c\d\ekcXcld` i\#\jkc\]`c Zfe[lZk\li[\jZiXk`fej%:Ë\jkXljj`le\ k\Z_efcf^`\jXej]X`cc\gfliXjjli\ile\jZli`k fgk`dXc\[\Z_Xhl\Z_\d`e\%:Ë\jk^Xc\d\ek# [\gl`jZ\j[\ie` i\jXee\j#le\gi`fi`kkflk\ gXik`Zlc` i\[fee\Xloe\i^`\ji\eflm\cXYc\j \k~cXdXki`j\[\cXZfdYljk`fegflic`d`k\ic\j i\a\kj[\:F)[XejcËXkdfjg_ i\%:Ë\jk\e]`ele\ mfcfekkflaflij`ekXZk\[\i\jk`kl\i ~Z_XZleZ\kk\]XjZ`eXk`fele`hl\hlË\o\iZ\ek c\j]cXdd\j% ;\;FE$98I$]`cfjf]`\[`\j`e[j[\aXi\eÊ.' Y\iljkfg[\b\lq\mXe\\efekn\igqfe[\i kf\^\m`e^\e#nXXiY`a_\kqnXik\d\kXcc`Zd\kXXc# [XkjlYk`\c_\kc`Z_kfgmXe^k#[\if[\[iXX[`j [ffi_\\e[\Zi\Xk`\j%?\k`jffb\\e]\`ccfq\ k\Z_efcf^`\fd[\fgk`dXc\m\`c`^_\`[mXe `\[\i\jZ_ffijk\\ek\m\iq\b\i\e%;\cXXkjk\ aXi\enfi[k\iffbgi`fi`k\`k^\^\m\eXXe _\ie`\lnYXi\\e\i^`\e\e[\Y\_\\ij`e^mXe [\m\iYiXe[`e^fd[\:F)$l`kjkffk`e[\ Xkdfj]\\ik\Y\g\ib\e%;\n`cfd`\[\i\\ek\ cXk\eb\ee`jdXb\ed\k[\le`\b\]XjZ`eXk`\mXe [\mcXdd\e`j\i[Xeffbef^jk\\[j% .+ K_\g_`cfjfg_pX[fgk\[Yp;FE$98Ij`eZ\k_\ (0.'Ëj`jYXj\[feleZfdgifd`j`e^[\j`^ej`e n_`Z_k_\YcXZb]`e`j_f]k_\d\kXcjlYkcp ZXgkli\jc`^_kXe[XZkjXjk_\m`kXc `ejg`iXk`feXck_\d\]fiZi\Xk`m`kp%=Xlckc\jj k\Z_efcf^pXcjffgk`d`j\jk_\jX]\kpf]\XZ_ ]`i\gcXZ\%@ei\Z\ekp\Xij#jg\Z`Xcgi`fi`kp_Xj Y\\e^`m\ekfi\e\nXYc\\e\i^`\jXe[k_\ Zfekifcf]ZfdYljk`fe`efi[\ikfd`e`d`j\:F) \d`jj`fej`ekfk_\Xkdfjg_\i\%K_\j\]\Xkli\j i\]c\ZkXeleY\e[`e^[\k\id`eXk`fekfgi\j\im\ k_\]XjZ`eXk`fef]c`m`e^]cXd\j% J`e[X^c`Xee`.'#cX]`cfjf]`X;FE$98I iXggi\j\ekXkX[XccXjZ\ckX[`le[\j`^ej\eqX Zfdgifd\jj``eZl``cd\kXccfe\ifd\kXcc`qqXkf# hl\ccfZ_\`e^\^efjXd\ek\ZXkkliXcXclZ\# `c]`cfZfe[lkkfi\[\cc\Zi\Xq`fe`%DX XeZ_\ ^iXq`\XleXk\Zefcf^`Xj\eqX[`]\kk`Z_\ `e ^iX[f[`^XiXek`i\cXj`Zli\qqXfkk`dXc\[`f^e` ZXd`e\kkf%8ccfjk\jjfdf[f#e\^c`lck`d`Xee`j` [XkXgi`fi`k~`egXik`ZfcXi\Xcc\\e\i^`\ i`eefmXY`c`\XcZfekifccf[\ccXZfdYljk`fe\ g\ic`d`kXi\c\\d`jj`fe`[`:F) e\ccËXkdfj]\iX%@e]`e\#g\idXe\cXmfcfek~ j\dgi\`ekXkkX[`i\e[\i\XZZ\jj`Y`c\Xklkk``c ]XjZ`efle`Zf\j\iZ`kXkf[Xc]lfZf% ., ?@JKFI@HL< ?@JKFI@<B (0--1:_Xic\j;fdYXi[iXc`j\ (0--1:_Xic\j;fdYXi[[f\k\\e^\[li][\ legXi`Xl[XZ`\lo1dXi`\ic\]\l ^fb1_`am\iqf\ekmlli\ejkXXc`emfcjki\bk \kcËXZ`\i[Xej[\jc`^e\j \`^\ek`a[j\\eql`m\i\jk`ac\e%8cjYXXeYi\b\i ijfcld\ekdf[\ie\j#gli\j `e[\blejkmXe_\km\inXid\e\eXcjjZ_\gg\i \k_Xidfe`\lj\j%GiZlij\li[Xej mXe\\ee`\ln\\jk_\k`\bcXeZ\\ik_`a_\kd\ib cËXik[\Z_Xl]]\i#ZiXk\li[Ële\ ;FE$98I%<\ec\m\ejblejknXXimXe_\kjlZZ\j eflm\cc\\jk_k`hl\#`cm`\ek[\ `e[\cffg[\iaXi\ejk\\[j`ejk`a^\e[\c`ae`j [fee\ieX`jjXeZ\~cX^i`]]\;FE$98I% Yc`am\e^XXe% LeXik[\m`mi\[fekc\jlZZ jXl]`c[\jXeje\ ;\n\ibgcXXkjnXXi`eq`ae\\ijk\df[\cc\ekfk jË\jkaXdX`j[d\ek`% jkXe[bfd\e#Yc`abkXcjgf\[`^k\bc\`e\e CËXk\c`\i[Xejc\hl\cjfekZijc\jgi\d`\ij :_Xic\j;fdYXi[Yflnk[XedXXi\\e_\lj\ df[ c\jjËXm i\iXg`[\d\ekkifgg\k`k\k ]XYi`\b`eJf`^e`\jQ`ee`b #kfkfg_\[\eef^ :_Xic\j;fdYXi[Zfejkil`kcËlj`e\[\Jf`^e`\j jk\\[j[\k_l`jYXj`jmXe[\fe[\ie\d`e^%8cj fcXjfZ`kj\kiflm\kflaflij% _\kZfdd\iZ`c\jlZZ\j[\^i\eq\efm\inXX`k# C\jlZZ jZfdd\iZ`Xc[gXjjXekc\j]ifek` i\j# ^XXk;FE$98Iffbfg=iXej\Yf[\dmf\kXXe ;FE$98IjË`dgcXek\\e=iXeZ\\kflmi\ nXcbi`a^\e#d\k\\e\\ijk\j_fniffd`e[\ jXgi\d` i\jXcc\[Ë\ogfj`k`fe\ei^`fe GXi`aj\i\^`f%MXe[XX^k\cc\en\`e_\\c gXi`j`\ee\%<cc\Zfdgk\Xlafli[Ë_l` =iXebi`abdXXic`\]jk/,ZfeZ\jj`\_fl[\ij% /,ZfeZ\jj`feeX`i\jjlicË\ej\dYc\ [lk\ii`kf`i\% (0//1;\jk`Z_k\im\in`jj\ck_\kk`a[\c`ab\d\k _\k\\ln`^\%Q`ae\Z_k^\efk\\e[fZ_k\ij (0//1;Z j[l]fe[Xk\li%Jfegflj\\kj\j e\d\e[\]Xbb\cfm\i%;\jg`i`kmXe;FE$98I ]`cc\ji\gi\ee\ekc\]cXdY\Xl#cË\jgi`k;FE$98I Yc`a]kY\jkXXe% \jkgij\im% (00*1>lp\e:_i`jk`Xe<\Zb_flknfi[\e[\ (00*1>lp\k:_i`jk`Xe<\Zb_flk[\m`\ee\ek mffieXXdjk\XXe[\\c_fl[\ijmXe;FE$98I% c\jgi`eZ`gXloXZk`feeX`i\j[\;FE$98I% ;\fe[\ie\d`e^jcXXke`\ln\n\^\e`e%Q`a CXjfZ`k]iXeZ_`k[\eflm\cc\jkXg\j% bffgk_\k=iXej\d\ib8IK@D8Kfg\ebXeqf <cc\iXZ_ k\cXdXihl\]iXeX`j\8IK@D8K# _XXic\`[\ijgfj`k`\fg[\<lifg\j\dXibkmXe Zfe]fikXekX`ej`jXgfj`k`fe[\gi\d`\i d\kXc\e_XXi[ZfejkilZk`\j_Xe[_Xm\e%Q`a ]XYi`ZXek\lifg\e[\cXZ_\d`e\dkXcc`hl\% m\ijk\m`^k_XXiXXen\q`^_\`[fg[\\ogfikdXib$ <cc\i\e]fiZ\jXgij\eZ\jlic\jdXiZ_j k\e1@kXc`#<e^\cXe[#@\icXe[#E\[\icXe[# [Ë\ogfikXk`fe1@kXc`\#8e^c\k\ii\#@icXe[\# Qn`kj\icXe[#AXgXe¿;\]XYi`\bnfi[kl`k^\iljk ?fccXe[\#Jl`jj\#AXgfe#%%CËlj`e\j\[fk\[\ d\kl`k\idXk\\]]`Z`ek\dXZ_`e\j\edXXbk dXZ_`e\jlckiXg\i]fidXek\j\k[`m\ij`]`\jX _XXigif[lZk`\ef^^\mXi`\\i[\id\k\\e gif[lZk`fe\egifgfjXekle\^Xdd\[\]fp\ij e`\ln\nXX`\imXe^Xj_XXi[\e%;\gif[lZk\e Xl^Xq%C\jgif[l`kjjfekX[XgkjXloefid\j nfi[\efg[\<lifg\j\efid\eX]^\jk\d[% \lifg\ee\j% )'('1;\fe[\ie\d`e^Y\jkXXkd\\i[Xe*' .- )'('1Gclj[\*'Xej[Ë\o`jk\eZ\#gclj[\ aXXi\e]XYi`Z\\ikd\\i[Xe+'m\ijZ_`cc\e[\ +'df[ c\j#gclj[\,'%''']fp\ijm\e[ljfek df[\cc\e%D\kd\\i[Xe,'%'''m\ibfZ_k\ ]X`k[\;FE$98I½cXi]i\eZ\¾[\cXZ_\d`e\ _XXi[\e`j\eYc`a]k;FE$98I[i\]\i\ek`\fg ^\Y`\[mXe[\j`^e_XXi[ZfejkilZk`\j ?@JKFIP :IFE@JKFI@8 (0--1:_Xic\j;fdYXi[j\k_`dj\c]k_\Yfc[ (0--1:_Xic\j;fdYXi[i`c\mXleXj]`[Xefe Z_Xcc\e^\f]Xccp`e^]`i\Xe[jk\\ckfXZ_`\m\ ]XZ`c\1jgfjXi\]lfZf\XZZ`X`fZXkkliXe[fc` gli\Xe[i\jfclk\cpdf[\iee\nc`e\j%8g`fe\\i `ec`e\\elfm\#gli\\Xidfe`fj\%Gi\Zlijfi\ `ek_\Xikf]_\Xk`e^Xe[k_\Zi\Xkfif]Xe\n e\ccËXik\[\ci`jZXc[Xd\ekf#`jg`iXkfi\[`leX [\j`^ejkpc\#_\_X[aljkZi\Xk\[k_\;FE$98I elfmX\jk\k`ZX#\^c`Zi\XcX^i`]]\;FE$98I% cXY\c%@ki\gi\j\ekjXc`]\jkpc\k_Xk_XjY\\e Lefjk`c\[`m`kX`cZl`jlZZ\jjfefej` dX` le[\e`XYcpjlZZ\jj]lcfm\ik_\p\Xij% X]]`\mfc`kfe\cZfijf[\^c`Xee`% K_\nfibj_fgn_\i\k_\]`ijkdf[\cjn\i\ CËf]]`Z`eXe\ccXhlXc\m\e^fefi\Xc`qqXk``gi`d` Zi\Xk\[jffeY\ZXd\kffjdXccXe[:_Xic\j df[\cc`j`i`m\cXY\egi\jkfkifggfg`ZZfcX\ ;fdYXi[Yl`ckk_\Jf`^e`\j]XZkfipn_\i\k_\ :_Xic\j;fdYXi[]XZfjkil`i\^c`jkXY`c`d\ek`[` ZfdgXep`jjk`ccYXj\[% Jf`^e`\j[fm\cXjfZ`\k~i`j`\[\XeZfiXf^^`% J`eZ\Zfdd\iZ`XcjlZZ\jjbefnjefYfle[Xi`\j# @cjlZZ\jjfZfdd\iZ`Xc\Zfd`eZ`XY\egi\jkfX ;FE$98Ij\klgYlj`e\jj`e=iXeZ\Xe[fg\e\[ mXc`ZXi\`Zfe]`e`%;FE$98Ij`X]]\idX`e=iXeZ`X `kj]`ijkj_fniffd`ek_\GXi`j`Xei\^`fe%Kf[Xp \Xgi\cXjlXgi`dXjXcXdfjkiXXGXi`^`%8c `k_Xj/,[\Xc\ijk_ifl^_flkk_\Zflekip% ^`fief[Ëf^^`#/,glek`m\e[`kX;FE$98Ijfef [`jki`Yl`k`jlccË`ej`\d\[\ck\ii`kfi`f% (0//1K_\]fle[\i[`\[%?`jn`]\Xe[[Xl^_k\ij kffblgk_\kfiZ_Xe[b\gkk_\;FE$98Ijg`i`k (0//1;\Z\jjf[\c]fe[Xkfi\%Df^c`\\]`^c`\ Xc`m\% gi\e[fef`ck\jk`dfe\gi\j\imXe[fXcd\^c`fcf jg`i`kf\cX]`cfjf]`X;FE$98I% (00*1>lpXe[:_i`jk`Xe<\Zb_flkY\ZXd\ ;FE$98IËjdX`ej_Xi\_fc[\ij% (00*1>lp\:_i`jk`Xe<\Zb_flk[`m\ekXef` K_\ZfdgXepdfm\[lgj\m\iXc^\Xij%@kYfl^_k gi`eZ`gXc`Xq`fe`jk`[\ccXjfZ`\k~% k_\=i\eZ_YiXe[8IK@D8K#k_\i\Yp\e_XeZ`e^ ;FE$98Ijlg\iXelfm\kXgg\%8Zhl`j`jZ\`c `kjgfj`k`feXjk_\c\X[`e^<lifg\Xe dXiZ_`f]iXeZ\j\8IK@D8K#Zfe]\idXe[fj``e dXel]XZkli\if]d\kXcc`ZZ_`de\pj%@k`eZi\Xj\[ hl\jkfdf[fgi`dfgif[lkkfi\\lifg\f[` `kjgi\j\eZ\`e\ogfikdXib\kj1@kXcp#Le`k\[ ZXd`e\kk`d\kXcc`Z`%IX]]fiqX`efcki\cXjlX B`e^[fd#@i\cXe[#E\k_\icXe[j#Jn`kq\icXe[# gi\j\eqXjlelfm`d\iZXk`1@kXc`X#@e^_`ck\iiX# AXgXe#Xe[fk_\ij%K_\]XZkfip\hl`gg\[`kj\c] FcXe[X#Jm`qq\iX#>`Xggfe\%%%CXgif[lq`fe\j` n`k_jfd\lckiX$jfg_`jk`ZXk\[dXZ_`e\ipXe[ Xii`ZZ_`jZ\[`dXZZ_`eXi`X[XckXk\Zefcf^`X\ [`m\ij`]`\[`kjgif[lZk`fekff]]\iXiXe^\f]^Xj Xdgc`X`jlf`fi`qqfek`XYYiXZZ`Xe[fXeZ_\cX ]`i\gcXZ\j%K_\gif[lZkjn\i\X[Xgk\[kf ZfdYljk`fe\X^Xj%@gif[fkk`m\e^fefX[XkkXk` <lifg\XejkXe[Xi[j% `eYXj\Xcc\efid\\lifg\\% )'('18]k\iY\`e^`ek_\Ylj`e\jjdfi\k_Xe )'('1:feg`[`*'Xee`[`\jg\i`\eqX#Zfe *'p\Xij#gif[lZ`e^dfi\k_Xe+'[`]]\i\ek g`[`+'[`m\ij`df[\cc`#Zfeg`[`,'%''' df[\cjXe[j\cc`e^dfi\k_Xe,'%''']`i\gcXZ\j# ZXd`e\kk`m\e[lk`#;FE98Ij`X]]\idXZfd\ ;FE$98I_XjY\Zfd\k_\kfgeXd\`e[\j`^e\i È`ci`]\i`d\ekfÉ[\cZXd`e\kkf[\j`^e% ]`i\gcXZ\j% .. ;\mffi[\c\emXe;fe$9Xi;fe$9Xif]]\ijgcljgf`ekj@";@;FE$98I C<J";FE$98I "J<:LI@K< C\jZ_\d`e\j\kgfc\j;FE$98IjfekZfelj\kiXc`jj\e9\c^`hl\[\gl`j(0--%:\kk\gi\ee`k[\ cË\eki\gi`j\\jkcËXjjliXeZ\[Ële\k\Z_efcf^`\jXejZ\jj\g\i]\Zk`fee\X]`e[\^XiXek`ile\jZli`kfgk`dXc\ [\Z_Xhl\df[ c\1 "Gf`^e\]if`[\Xdfm`Yc\ ":fe[l`k[\iXZZfi[\d\ekm\ek`c ";flYc\gXif`[Ë`jfcXk`fe Xle`m\Xl[l[fj[\cËXggXi\`c ">XiXek`\,Xej D<<IM<@C@>?<@; ;\jZ_ffijk\e\e\e[\bXZ_\cjmXe;FE$98Infi[\ej`e[j(0--feknfig\e\e^\dXXbk`e9\c^`%;\q\ [lliqXXd_\`[mXe_\kY\[i`a]`j[\m\iq\b\i`e^mXe\\ek\Z_efcf^`\[`\fefg_fl[\c`ab^\g\i]\Zk`fe\\i[nfi[k fd[\fgk`dXc\m\`c`^_\`[mXe`\[\idf[\ck\^XiXe[\i\e% "Bfl[X]e\\dYXXi_Xe[mXk ">\m\ek`c\\i[\XXejcl`k`e^jYl`j ";lYY\c\`jfcXk`\nXe[XXe[\ ",aXXi^XiXek`\ XZ_k\ibXekmXe_\kkf\jk\c "J8=<KP ;FE$98I]`i\gcXZ\jXe[jkfm\j_Xm\Y\\e[\j`^e\[Xe[dX[\`e9\c^`ldj`eZ\(0--%K_\cfe^$k\idjkXY`c`kpf] k_\ZfdgXep\ejli\jZfek`elfljk\Z_e`ZXc`dgifm\d\ekkf^`m\\XZ_gif[lZkXefgk`dXcc\m\cf]jX]\kp% "I\dfmXYc\Zffc_Xe[c\ ";flYc\`ejlcXk`e^gXe\cXkk_\i\Xif]k_\le`k "M\ek`cXk\[Zfee\Zk`e^[lZk "8,$p\Xi^lXiXek\\ "J@:LI<QQ8 ;Xc(0--#;FE$98Igif^\kkX\i\Xc`qqX`e9\c^`fZXd`e\kk`\jkl]\%CXZfek`el`k~ZfeZl`fg\iXcËXq`\e[X ^X$ iXeq`X[`leXk\Zefcf^`XZfjkXek\d\ek\g\i]\q`feXkXXc]`e\[`^XiXek`i\cXj`Zli\qqXfkk`dXc\[`f^e`df[\ccf% "DXe`^c`XXk\id`ZXi\dfm`Y`c\ ";fgg`XgXi\k\[Ë`jfcXd\ekfjlci\kif[\ccXjkilkkliX ":fe[fkkf[`iXZZfi[fm\ek`cXkf ">XiXeq`X[`,Xee` "<EM@IFEE<D<EK C\j]fp\ij;FE$98IjfekZfeljgfliigfe[i\~[\jk\Z_e`hl\jcXYfi\j[\i\e[\d\ek#[\ZfdYljk`feZfcf$ ^`hl\\k[\gfjk$ZfdYljk`feX]`e[\i[l`i\XldXo`dldcËd`jj`fe[\:F)%:\k\e^X^\d\ekXg\id`j~;FE$98I [ËfYk\e`icXZ\ik`]`ZXk`fe\lifg\ee\<E(*$)+'gflic\jgfc\j\k<E(*$))0gflic\j]fp\ij]\idj\k\eZXjkij # cËhl`mXc\ek[\cX=cXdd\M\ik\\e=iXeZ\X^i\gXicË8;<D<% D<<ID@C@<LMI@<E;<C@AB?<@; ;\_XXi[mli\emXe;FE$98Iq`aefeknfig\efdk\Y\Xeknffi[\eXXe[\l`k^\n\ibk\k\Z_e`\b\emXe_\k \Zfcf^`jZ_\m\iYiXe[`e^ji\e[\d\ek\e[\eXm\iYiXe[`e^fd[\dXo`dXc\:F)$l`kjkffkk\m\id`e[\i\e%;Xebq`a[`k \e^X^\d\ek_\\]k;FE$98I\\e<lifg\\jZ\ik`]`ZXXkm\ibi\^\e<E(*$)+'mffi[\bXZ_\cj\e<E(*$))0mffi[\ ^\jcfk\e\e`e^\Yfln[\_XXi[mli\e #_\k\hl`mXc\ekmXecX=cXdd\M\ik\[\^if\e\mcXd `e=iXebi`ab% "I<JG<:K=FIK?<<EM@IFED<EK ;FE$98I]`i\jXi\i\j`^e\[n`k_jfg_`jk`ZXk\[k\Z_efcf^p]fi\]]`Z`\ekXe[\em`ifed\ek$]i`\e[cpZfdYljk`feXe[ gfjk$ZfdYljk`fekfd`e`d`j\:F)\d`jj`fej%;FE$98IËjZfdd`kd\ek_XjY\\ei\nXi[\[Yp<lifg\XeZ\ik`]`ZXk`fe <E(*$)+']fijkfm\jXe[<E(*$))0]fi\eZcfj\[#Yl`ck$`e]`i\gcXZ\j \hl`mXc\ekkfk_\>i\\e=cXd\cXY\c`e=iXeZ\% "8D9@<EK< @ZXd`e\kk`;FE$98Ijfefgif^\kkXk`g\ii`jgfe[\i\Xk\Ze`Z_\\cXYfiXk\[`i\e[`d\ekf[`ZfdYljk`fe\\Zfcf^`ZX\ [`gfjk$ZfdYljk`fe\Xc]`e\[`i`[lii\XcdXjj`dfc\\d`jj`fe`[`:F)%Hl\jkf`dg\^ef_Xg\id\jjfX;FE$98I [`fkk\e\i\cXZ\ik`]`ZXq`fe\\lifg\X<E(*$)+'g\ic\jkl]\\[<E(*$))0g\i`ZXd`e\kk`Z_`lj`\X`eZXjjf # ./ cË\hl`mXc\ek\[\ccX=`XddXM\i[\`e=iXeZ`X% "G<I=FID8E:< :_Xhl\df[ c\\jkdle`[Ëlejpjk d\[\i^cX^\[\cËX`ifgk`dXcgfliXjjli\icXd\`cc\li\ZfdYljk`fegfjj`Yc\% Hl`gclj\jk#c\[flYcX^\i]iXZkX`i\[\jgXif`jg\id\kcËXZZldlcXk`fe[\cXZ_Xc\li\kjXi\jk`klk`fe[\lo_\li\j Xgi jcËXiik[l]fp\i% D<<IGI<JK8K@<J @\[\idf[\c`jl`k^\iljkd\k\\ejpjk\\dmffifgk`dXc\clZ_ki\^\c`e^fd\\eqf^f\[df^\c`ab\m\iYiXe[`e^k\ m\iq\b\i\e%9fm\e[`\eqfi^k[\[lYY\c\_`kk\Y\jk\e[`^_\`[mXe[\nXe[\e\imffi[Xkkfkkn\\llieX_\k[fm\e mXe_\k_XXi[mlli[\nXidk\XZZldlc\\ik\enfi[kmi`a^\^\m\e% "G<I=FID8E:< <XZ_df[\c`j]`kk\[n`k_Xefgk`dXcX`iZfekifcjpjk\dkf^lXiXek\\k_\Y\jkgfjj`Yc\ZfdYljk`fe%@eX[[`k`fekf k_`j#k_\i\]iXZkfipnXccc`e`e^Xccfnj_\XkkfXZZldlcXk\Xe[Y\i\c\Xj\[]fiknf_flijX]k\ik_\]`i\`jflk% "G<I=FID8E:< F^e`df[\ccf [fkXkf[`lej`jk\dX[`i\^fcXq`fe\[\ccËXi`Xfkk`dXc\g\i^XiXek`i\cXd`^c`fiZfdYljk`fe\gfjj`Y`c\% @efcki\#c\[fgg`\gXi\k``edXk\i`Xc\i\]iXkkXi`fg\id\kkfef[`XZZldlcXi\`cZXcfi\\[`i`cXjZ`Xicf[l\fi\[fgfcf jg\^e`d\ekf[\c]lfZf% "HL8C@K< HlXiXek\Xee\j[ËlejXmf`i$]X`i\dXki`jg\id\kk\ek[ËXjjli\ile\hlXc`kjXej]X`cc\[\Z_Xhl\ Z_\d`e\gif[l`k\gXic\jXk\c`\ij;FE$98I% "=XYi`ZXk`fe~cXdX`e "=fp\i[flYc[\g`\ii\ji]iXZkX`i\jjli$d\jli\ ";flYc\gXif`[Ë`jfcXk`fe "Ij\Xl[Ë`ejkXccXk\lijX^ij jlicË\ej\dYc\[lk\ii`kf`i\ D<<IBN8CK<@K M\\ik`^aXXibefn_fnm\iq\b\ik\\e]\`ccfq\bnXc`k\`kmXe`\[\i\jZ_ffijk\\e[`\^\dXXbknfi[k`e[\ n\ibgcXXkj\emXe;FE$98I% "D\k[\_Xe[^\dXXbk ";lYY\c_XXi[mllil`kmllimXjk\jk\\efgdXXk ";lYY\c\`jfcXk`\nXe[ "E\kn\ibmXe\ib\e[\`ejkXccXk\lij fm\i_\k^\_\c\^ife[^\Y`\[% "HL8C@KP =fikpp\Xijf]_Xie\jj`e^X[mXeZ\[k\Z_efcf^p^lXiXek\\k_\q\if$]XlckjhlXc`kpf]\XZ_]`i\gcXZ\gif$ [lZ\[`ek_\;FE$98Infibj_fgj% "9l`ckYp_Xe[ ";flYc\`ejlcXk`e^nXcc "=`i\gcXZ\c`e\[n`k_dX[\$kf$d\Xjli\ i\]iXZkfipYi`Zbj "8e\knfibf]Xggifm\[`ejkXcc\ijZfm\i`e^ k_\n_fc\Zflekip "HL8C@KÁ HlXiXekËXee`[`ZfdgifmXkX\jg\i`\eqXg\id\kkfef[`^XiXek`i\cXhlXc`k~`dg\ZZXY`c\[`f^elef[\` ZXd`e\kk`gif[fkk`e\^c`jkXY`c`d\ek`;FE$98I% "Gif[fkk`i\Xc`qqXk`XdXef ":Xd`e\kk`Zfe[fgg`\gXi\k``eg`\kiX i\]iXkkXi`Xi\Xc`qqXk`jld`jliX ";fgg`XgXi\k\[Ë`jfcXd\ekf "LeXi\k\[Ë`ejkXccXkfi`Xlkfi`qqXk`Z_\j` \jk\e[\jlklkkf`ck\ii`kfi`f% .0 K\Z_e`jZ_\jg\Z`]`ZXk`\jK\Z_e`ZXcjg\Z`]`ZXk`fejJg\Z`]`ZXq`fe`k\Z_e`Z_\ :8I8:KyI@JK@HL<J HOT OUVERT HOT TELESCOPIQUE OPTIO 9600 4600 / 4600R 69-52/2L 80-52/2L 4-5 4-5 6-9 10-11 12-13 14-15 14-15 127 cm 110 cm 110 cm 200 kg 93 cm 110 cm 110 cm 200 kg 102,5 cm 60 cm 60 cm 135 kg 108 cm 124 cm 110 cm 179 kg 127,5 cm 86 cm 49 cm 120 kg 96,5 cm 69 cm 68 cm 171 kg 96,5 cm 79,2 cm 68 cm 201 kg 30 cm / 50 cm 30 cm / 50 cm 30 cm / 40 cm 30 cm / 50 cm 30 cm / 50 cm 30 cm / 50 cm 30 cm / 60 cm Ø23 cm Ø23 cm Ø20 cm Ø20 cm Ø20 cm Ø20 cm Ø20 cm Puissance / Thermisch vermogen / Power / Potere mini / maxi Rendement / Energetisch rendement / Efficiency / Rendimento - 12 kW / 15 kW 79 % 9 kW / 12 kW 82 % 15 kW / 18 kW 77 % 10,5 kW / 13,5 kW 82,1 % 14 kW /17 kW 76,7 % 14,5 kW / 17,5 kW 75,6 % Volume chauffé maximum / maximaal verwarmbaar volume Maximum warmed volume / Volume scaldato massimo - 300 m 240 m 360 m 270 m 340 m 350 m - SGS EZ/07/2276/07 19752 SGS EZ/07/2276/11 - SGS EZ/07/2276/06 16457 SGS EZ/07/1987/01 16456 SGS EZ/07/1984/2 16459 SGS EZ/07/1984/4 16459 80-60/2L 83-123O 83-123M 9120 ORA AERA FERME AERA OUVERT 14-15 16-19 16-19 20-21 22-23 24-25 24-25 104,5 cm 79,2 cm 68 cm 231 kg 126 cm 123 cm 123 cm 197 kg 126 cm Ø123 cm Ø123 cm 197 kg 122 cm 122 cm 122 cm 125 kg 91 cm 97 cm 97 cm 120 kg 97 cm 100 cm 59,5 cm 82 kg 97 cm 100 cm 59,5 cm 82 kg 30 cm / 60 cm 30 cm / 40 cm 30 cm / 50 cm 30 cm / 50 cm 30 cm / 40 cm 30 cm / 50 cm 30 cm / 50 cm Ø20 cm Ø25 cm Ø25 cm Ø23 cm Ø20 cm Ø20 cm Ø20 cm 15 kW / 18 kW 74,5 % - 12,4 kW / 15,4 kW 63,6 % - - 9 kW / 12kW 76 % - 360 m - 308 m - - 240 m - SGS EZ/07/1984/3 16459 - SGS EZ/07/1987/01 - - - SGS EZ/07/1984/5 18651 - 9300 4105 4110 PRISMA H PRISMA V 8300 8170 26-27 28-29 28-29 30-33 30-33 34-35 36-37 108 cm 124 cm 77 cm 158 kg 122,5 cm 86 cm 54 cm 95 kg 122,5 cm 86 cm 54 cm 98 kg 164 cm 73,5 cm 78 cm 122 kg 112 cm 73,5 cm 78 cm 130 kg 126 cm 123 cm 87 cm 210 kg 110,5 cm 101 cm 63,5 cm (M) et 82 cm (C) 158 kg 30 cm / 50 cm 30 cm / 50 cm 30 cm / 50 cm 30 cm / 40 cm 30 cm / 40 cm 30 cm / 50 cm 30 cm / 50 cm Ø20 cm Ø20 cm Ø20 cm Ø20 cm Ø20 cm Ø25 cm Ø20 cm 12 kW / 15 kW 77 % 7 kW / 10 kW 70 % 9 kW / 12 kW 82,8 % - - 12 kW / 15 kW 71 % 10,5 kW / 13,5 kW 78 % 300 m 200 m 240 m - - 300 m 270 m SGS EZ/07/2276/03 16457 SGS 16456 SGS EZ/07/2276/02 16456 SGS - SGS - SGS EZ/07/2276/01 - SGS EZ/07/2276/05 16458 Pages / Pagina / Page / Pagine Dimensions / Afmetingen / Dimensions / Dimensioni Hauteur / Hoogte / Height / Altezza Largeur / Breedte / Width / Larghezza Profondeur / Diepte / Depth / Profondità Poids / Gewicht / Weight / Peso Dimension des buches / Afmetingen van de houtblokken Dimension of the logs dei / Dimensione dei ceppi the logs / Dimensione ceppi mini / maxi Dimension of mini / maxi Sortie de fumée / Rookuitgang / Flue outlet / Uscita di fumo Performances / Vermogen / Performances / Prestazioni Normes / Normen / Normes / Norme EN13240 EN13229 N°AEAI Pages / Pagina / Page / Pagine Dimensions / Afmetingen / Dimensions / Dimensioni Hauteur / Hoogte / Height / Altezza Largeur / Breedte / Width / Larghezza Profondeur / Diepte / Depth / Profondità Poids / Gewicht / Weight / Peso Dimension des buches / Afmetingen van de houtblokken the logs / Dimensione ceppi mini / maxi Dimension of the logs dei / Dimensione dei ceppi Dimension of mini / maxi Sortie de fumée / Rookuitgang / Flue outlet / Uscita di fumo Performances / Vermogen / Performances / Prestazioni Puissance / Thermisch vermogen / Power / Potere mini / maxi Rendement / Energetisch rendement / Efficiency / Rendimento Volume chauffé maximum / maximaal verwarmbaar volume Maximum warmed volume / Volume scaldato massimo Normes / Normen / Normes / Norme EN13240 EN13229 N°AEAI Pages / Pagina / Page / Pagine Dimensions / Afmetingen / Dimensions / Dimensioni Hauteur / Hoogte / Height / Altezza Largeur / Breedte / Width / Larghezza Profondeur / Diepte / Depth / Profondità Poids / Gewicht / Weight / Peso Dimension des buches / Afmetingen van de houtblokken the logs / Dimensione ceppi mini / maxi Dimension of the logs dei / Dimensione dei ceppi Dimension of mini / maxi Sortie de fumée / Rookuitgang / Flue outlet / Uscita di fumo Performances / Vermogen / Performances / Prestazioni Puissance / Thermisch vermogen / Power / Potere mini / maxi Rendement / Energetisch rendement / Efficiency / Rendimento Volume chauffé maximum / maximaal verwarmbaar volume Maximum warmed volume / Volume scaldato massimo Normes / Normen / Normes / Norme EN13240 EN13229 N°AEAI /' K<:?E@HL<J Pages / Pagina / Page / Pagine 8175 IZO 7005 7007 7120 7100 5005 36-37 38-39 40-47 40-47 40-47 40-47 40-47 110,5 cm 101 cm 63,5 cm (M) et 82 cm (C) 133 kg 122,5 cm 125 cm 96 cm 140 kg 130 cm 85 cm 58,5 cm 82 kg 130 cm 85 cm 58,5 cm 82 kg 135 cm 120 cm 67,5 cm 95 kg 131 cm 121 cm 77 cm 110 kg 127 cm 85 cm 49,5 cm 48 kg 30 cm / 50 cm 30 cm / 50 cm 30 cm / 50 cm 30 cm / 50 cm 30 cm / 50 cm 30 cm / 50 cm 30 cm / 50 cm Ø20 cm Ø20 cm Ø20 cm Ø20 cm Ø25 cm Ø20 cm Ø20 cm 10,5 kW / 13,5 kW 72 % 9 kW / 12 kW 83 % - - - - - 270 m 240 m - - - - - SGS EZ/07/2276/04 16458 SGS EZ/09/2850/1 19761 - - - - - VISIO 69-42 VISIO 80-42 VISIO 80-50 69-52 80-52 80-60 69-52/2 48-49 48-49 48-49 50-53 50-53 50-53 50-53 58 cm 69 cm 49,5 cm 92 kg 58 cm 79,2 cm 49,5 cm 107 kg 66 cm 79,2 cm 49,5 cm 122 kg 55,5 cm 69 cm 49,5 cm 92 kg 55,5 cm 79,2 cm 49,5 cm 107 kg 63,5 cm 79,2 cm 49,5 cm 122 kg 55,5 cm 69 cm 60 cm à 110 cm 133 kg 30 cm / 50 cm 30 cm / 60 cm 30 cm / 60 cm 30 cm / 50 cm 30 cm / 60 cm 30 cm / 60 cm 30 cm / 50 cm Ø20 cm Ø20 cm Ø20 cm Ø20 cm Ø20 cm Ø20 cm Ø20 cm et Ø23cm >90cm 8,5 kW / 11,5 kW 80,2 % 9,5 kW / 12,5 kW 82 % 10,5 kW /13,5 kW 83,7 % 8,5 kW / 11,5 kW 80,2 % 9,5 kW / 12,5 kW 82 % 10,5 kW / 13,5 kW 83,7 % 14 kW / 17 kW 76,7 % 230 m 250 m 270 m 230 m 250 m 270 m 340 m SGS 50970/49 - SGS 50970/50 - SGS 50970/46 - SGS 50970/49 16456 SGS 50970/50 16459 SGS 50970/46 16459 SGS EZ/07/1984/2 16459 80-52/2 80-60/2 SEDNA 120 SEDNA 140 4200DP 2001 3073DP 50-53 50-53 54-55 54-55 56-57 58-59 60-61 55,5 cm 79,2 cm 60 cm à 110 cm 158 kg 63,5 cm 79,2 cm 60 cm à 110 cm 183 kg 78 cm 120 cm 61 cm 117 kg 90 cm 140 cm 65 cm 147 kg 91 cm 95 cm 57 cm 113 kg 124 cm 68 cm 54 cm 219 kg 70,5 cm 79,5 cm 44 cm 104 kg Dimensions / Afmetingen / Dimensions / Dimensioni Hauteur / Hoogte / Height / Altezza Largeur / Breedte / Width / Larghezza Profondeur / Diepte / Depth / Profondità Poids / Gewicht / Weight / Peso Dimension des buches / Afmetingen van de houtblokken the logs / Dimensione ceppi mini / maxi Dimension of the logs dei / Dimensione dei ceppi Dimension of mini / maxi Sortie de fumée / Rookuitgang / Flue outlet / Uscita di fumo Performances / Vermogen / Performances / Prestazioni Puissance / Thermisch vermogen / Power / Potere mini / maxi Rendement / Energetisch rendement / Efficiency / Rendimento Volume chauffé maximum / maximaal verwarmbaar volume Maximum warmed volume / Volume scaldato massimo Normes / Normen / Normes / Norme EN13240 EN13229 N°AEAI Pages / Pagina / Page / Pagine Dimensions / Afmetingen / Dimensions / Dimensioni Hauteur / Hoogte / Height / Altezza Largeur / Breedte / Width / Larghezza Profondeur / Diepte / Depth / Profondità Poids / Gewicht / Weight / Peso Dimension des buches / Afmetingen van de houtblokken the logs / Dimensione ceppi mini / maxi Dimension of the logs dei / Dimensione dei ceppi Dimension of mini / maxi Sortie de fumée / Rookuitgang / Flue outlet / Uscita di fumo Performances / Vermogen / Performances / Prestazioni Puissance / Thermisch vermogen / Power / Potere mini / maxi Rendement / Energetisch rendement / Efficiency / Rendimento Volume chauffé maximum / maximaal verwarmbaar volume Maximum warmed volume / Volume scaldato massimo Normes / Normen / Normes / Norme EN13240 EN13229 N°AEAI Pages / Pagina / Page / Pagine Dimensions / Afmetingen / Dimensions / Dimensioni Hauteur / Hoogte / Height / Altezza Largeur / Breedte / Width / Larghezza Profondeur / Diepte / Depth / Profondità Poids / Gewicht / Weight / Peso Dimension des buches / Afmetingen van de houtblokken the logs / Dimensione ceppi mini / maxi Dimension of the logs dei / Dimensione dei ceppi Dimension of mini / maxi Sortie de fumée / Rookuitgang / Flue outlet / Uscita di fumo 30 cm / 60 cm 30 cm / 60 cm 30 cm / 50 cm 30 cm / 60 cm 30 cm / 50 cm 30 cm / 50 cm 30 cm / 50 cm Ø20 cm et Ø23cm >90cm Ø20 cm et Ø23cm >90cm Ø20 cm Ø20 cm Ø20 cm Ø20 cm Ø20 cm 14,5 kW / 17,5 kW 75,6 % 15 kW / 18 kW 74,5 % 8,5 kW / 11,5 kW 80,2 % 10,5 kW / 13,5 kW 83,7 % - 10 kW / 13 kW 81,2 % - 350 m 360 m 230 m 270 m - 260 m - SGS EZ/07/1984/4 16459 SGS EZ/07/1984/3 16459 SGS 50970/49 16459 SGS 50970/46 16459 SGS - SGS 50970/45 - - Performances / Vermogen / Performances / Prestazioni Puissance / Thermisch vermogen / Power / Potere mini / maxi Rendement / Energetisch rendement / Efficiency / Rendimento Volume chauffé maximum / maximaal verwarmbaar volume Maximum warmed volume / Volume scaldato massimo Normes / Normen / Normes / Norme EN13240 EN13229 N°AEAI /( nnn%[feYXi[\j`^e%Zfd 9<C>@LD ;FE$98IJ8&EM :_\d`e[\cX>l\c\ee\-+ :PGILJ ;8C@BF<EK<IGI@J<JCK; 9.'-'JF@>E@<J K"*)' -.-+,(0'="*)' -.-+,(00 \$dX`c1ZfekXZk7[feYXi%Zfd ;Xc`@e[ljki`Xc8i\X# G%F%9fo(('*0# JN@KQ<IC8E; ),,';Xc`#:pgilj 9i`^`kk\I\dp K\c%"*,.$))$-()(''=Xo%"*,.$))$+/,0)) :l[\Xl[l?Xlk#(- \$dX`c1jXc\j7[Xc`bf%Zfd :?)'*,:fiZ\cc\j :Q<:?I<GL9C@B J<D8:F >jd1''+(.0),''(.="''+(*).*(')'* \$dX`c1Yi\dpYq7Ycl\n`e%Z_ Gf[ČYiX[jb}((&/0(0'''GI8?80$MpjfþXep =I8E:< K"+)'' )/+'((---="+)'' )/+'((--. ;%9%j%X% \$dX`c1j\dXZf7j\dXZf%e\k /#Il\[lDXiZ_Xc[\CXkki\[\KXjj`^ep JL<;< ,0'''C@CC< K"**' *)//)'-*)="**' *)//)'.,) B8D@E<OG<IK<EJM<I@><89 \$dX`c1]iXeZ\7[feYXi%Zfd JabiXm^\e), J_fniffd1 J$,-+*(9Xeb\ip[ Il\[l?\d:\eki\:fdd\iZ`Xcc\j>Xekj k\c%1"+-' *-)0'-+',]Xo1"+-' *-)0'-+'* ,0*)'<e^cfjC@CC< \dX`c1cXij7bXd`e\og\ik\e%j\ GFC8E; @K8CP DFEK<OGFIK JK<@E9<I>JG%QF%F% M`X>%GXjkfi\,+&,- ))C`gZX-) *(')0M@KKFI@FM<E<KFKM *)$,+'Kiq\Y`e`X K"*0'+*/0+'.//="*0'+*/0+'.(' k\c%1"+/' *).,*-''']Xo1"+/' *).,*,000 \$dX`c1`e]f7dfek\ogfik%`k \dX`c1Yfb7jk\`eY\i^%Zfd%gc ILJJ@8 LE@K<;B@E>;FD 8E>C@8=@I<GC8:<J;<J@>ECk[ REMIX 8e^c`X?flj\$B\e[Xc:flik 127 411 MOCKHA :XdYi`[^\IfX[@dg`e^kfe ɞɦɢɬɪɨɜɫɤɨɟɲɨɫɫɟɞ%(('ɫɬɪ% 3 :8D9I@;><:9)+0PJ ɬɟɥ +7 095 927 34 15 - 927 36 27 K"++' ())*)*+.(*="++' ())*)*,((- ɎɚNɫ +7 095 927 35 14 \$dX`c1jXc\j7]`i\gcXZ\j%Zf%lb e-mail : [email protected] JG8@E 9FJ:?D8I@E#J%C% (00(,,ɋȺɇɄɌɉȿɌȿɊȻɍɊȽ 8m%9XiZ\cfeXEXm\('G%@%cXDXj`X ɍ ɪɚɥɶɫɤɚɹɭɥ %(' '/.0/$J8EK:L>8KJ<J>8II@>L<J9XiZ\cfeX Kɟɥ &ɮɚɤɫ "./()*)(.... K"*+0*/0.'///="*+0*/00)'+0 \$dX`c1bXd`e7(0(+%il \$dX`c1`e]f7YfjZ_dXi`e%Zfd GflikflkXlki\gXpj#m\l`cc\qgi\e[i\ZfekXZkXm\ZefljflZfejlck\icX c`jk\[\j`dgfikXk\lijjliefki\j`k\nnn%[feYXi[\j`^e%Zfd MffiXe[\i\cXe[\e#^\c`\m\fejf][\c`ajkmXefeq\`emf\i[\ijfg[\ n\Yj`k\nnn%[feYXi[\j`^e%Zfd =fiXepfk_\iZflekip#gc\Xj\ZfekXZkljfiZ_\Zbk_\c`jkf]fli `dgfik\ijfeflin\Yj`k\nnn%[feYXi[\j`^e%Zfd /) G\ic\Xcki`eXq`fe`#m``em`k`XdfXZfekXkkXiZ`[`i\kkXd\ek\fggli\XZfejlckXi\ cXc`jkX[\^c``dgfiXkfi`jlc`efjki`j`k`n\Ynnn%[feYXi[\j`^e%Zfd Création graphique : www.Rdesign.fr ;FDFK<:?E@B8 Création graphique : www.Rdesign.fr nnn%[feYXi[\j`^e%Zfd