%JCRVGT2TQDNGO/GGV5QNWVKQP
.GCTPKPI/QTG5GTXKEGCPF5WRRQTV
;QWT/CE$QQM2TQFQGUPQVJCXGCP[WUGTUGTXKEGCDNGRCTVUGZEGRVVJGJCTFFTKXGCPF
VJGOGOQT[+H[QWPGGFUGTXKEGEQPVCEV#RRNGQTVCMG[QWT/CE$QQM2TQVQCP#RRNG
#WVJQTK\GF5GTXKEG2TQXKFGT;QWECP°PFOQTGKPHQTOCVKQPCDQWVVJG/CE$QQM2TQ
VJTQWIJQPNKPGTGUQWTEGUQPUETGGPJGNR5[UVGO+PHQTOCVKQPQT#RRNG*CTFYCTG6GUV
1PNKPG4GUQWTEGU
(QTQPNKPGUGTXKEGCPFUWRRQTVKPHQTOCVKQPIQVQYYYCRRNGEQOUWRRQTV%JQQUG
[QWTEQWPVT[HTQOVJGRQRWROGPW;QWECPUGCTEJVJG#RRNG%CTG-PQYNGFIG$CUG
EJGEMHQTUQHVYCTGWRFCVGUQTIGVJGNRHTQO#RRNG¨UFKUEWUUKQPHQTWOU6JGNCVGUV
RTQFWEVURGEK°EKPHQTOCVKQPECPDGHQWPFCVYYYCRRNGEQOUWRRQTVOCEDQQMRTQ
1PUETGGP*GNR
;QWECPNQQMHQTCPUYGTUVQ[QWTSWGUVKQPUCUYGNNCUKPUVTWEVKQPUCPFVTQWDNGUJQQVKPI
KPHQTOCVKQPKP*GNR%GPVGT%JQQUG*GNR *GNR%GPVGT
5[UVGO+PHQTOCVKQP
6QIGVKPHQTOCVKQPCDQWV[QWT/CE$QQM2TQWUG5[UVGO+PHQTOCVKQP+VUJQYU[QW
YJCVJCTFYCTGCPFUQHVYCTGKUKPUVCNNGFVJGUGTKCNPWODGTCPFQRGTCVKPIU[UVGO
XGTUKQPJQYOWEJOGOQT[KUKPUVCNNGFCPFOQTG6QQRGP5[UVGO+PHQTOCVKQP
EJQQUG#RRNG #DQWV6JKU/CEHTQOVJGOGPWDCTCPFVJGPENKEM/QTG+PHQ