12 CZ CZ 13
$2/1.'+¾û$-Ü.2'.#Ï
7ÊPWRSURKODxXMHPH{HQÊ{HR]QDĦHQÆVWURMHRGSRYÊGDMÊMHMLFK]¾NODGQÊNRQFHSFÊDNRQVWUXNĦQÊPSURYHGH-
QÊPVWHMQĵMDNRQ¾PLGRSURYR]XXYHGHQÚPLNRQNUÆWQÊPLSURYHGHQÊPLSŦÊVOXxQÚP]¾VDGQÊPSR{DGDYNƀPR
EH]SHĦQRVWLDRFKUDQĵ]GUDYÊVPĵUQLF(63ŦLMDNÚFKNROLQDVWURMLSURYHGHQÚFK]PĵQ¾FKNWHUÆQHE\O\Q¾PL
RGVRXKODVHQ\SR]EÚY¾WRWRSURKO¾xHQÊVYRXSODWQRVW
5şQNADJ%URXVLFÊDĦLVWLFÊVWURM
3XO0(1=(5(60
/ŌıRKTŏMĢRLĤQMHBD$2
(6
(6
/NTţHSĢG@QLNMHY@ĜMıMNQLX
(1$
(1$$
(1$$
(1
(1$$$$$$
(1$
(1
/NTţHSĢMēQNCMıMNQLX
-
7RUVWHQ&HUDQVNL
-HGQDWHO
7DXFKD
&*/*PE+
6WUD¼HGHV-XQL
7DXFKD
1ĵPHFNR
3ŦLSRŦÊ]HQÊHOHNWULFNÚFKVWURMƀDSŦÊVWURMƀ0(1=(5SRVN\WXMHYÚUREFHNRQHĦQÆPX]¾ND]QÊNRYLURN\]¾-
UXN\RGGDWDQ¾NXSX
*DUDQWXMHPH{HQDxHHOHNWULFNÆQ¾ŦDGÊQHY\ND]XMH{¾GQÆPDWHUL¾ORYÆDQLYÚUREQÊYDG\9\VN\WQHOLVHSŦÊ-
SDGNG\WRPXWDNQHQÊSURYHGHPHY}U¾PFLQDxÊYÚUREQÊ]¾UXN\EH]SODWQRXRSUDYXSRSŦY\PĵQÊPHYDGQÚ
GÊO]GDUPD8]Q¾QÊGDOxÊFKQ¾URNƀSRNXGUXĦHQÊQHQÊVWDQRYHQR]¾NRQHPMHY\ORXĦHQR8SODWQĵQÊ]¾UXĦQÊ-
KRSOQĵQÊQHSURGOX{XMH]¾UXĦQÊOKƀWX
9ÚUREQÊ]¾UXNDĺUP\0(1=(5EXGHSRVN\WQXWD]DSŦHGSRNODGX{HE\ORHOHNWULFNÆQ¾ŦDGÊSRX{ÊY¾QRY}VRX-
ODGXV}Q¾YRGHPNREVOX]H1¾URNQD]¾UXNXO]HXSODWQLWSRX]HY}U¾PFL]¾UXĦQÊOKƀW\SRSŦHGOR{HQÊSŦÊVWURMH
Y} QHUR]OR{HQÆP RULJLQ¾OQÊP VWDYX VSROX V} NRSLÊ GRNODGX R NRXSL 1HY\SODFHQĵ]DVODQÆ ]¾VLON\ ]¾VDGQĵ
QHSŦLMÊP¾PH0ĵMWHSURVÊPSRFKRSHQÊ{HQHY\SODFHQRX]¾VLONXDVWURMHEH]REMHGQ¾YN\RSUDY\]}ORJLVWLF-
NÚFKGƀYRGƀQHO]HSŦLMÊPDW9HxNHUÆLQIRUPDFHDURYQĵ{IRUPXO¾ŦSURSŦLGĵOHQÊREMHGQ¾YN\RSUDY\QDMGHWH
QDDGUHVHYL]QÊ{H
VVVLDMYDQSNNKRBNL2KTţAX
DL@HKRDQUHBDLDMYDQSNNKRBNL
SDKDENM
1¾URNQD]¾UXNXVHY]WDKXMHSRX]HQDQ¾ŦDGÊSRX{ÊYDQÆY}VRXODGXV}MHKRXUĦHQÊPD]H]¾UXN\MVRXY\ORX-
ĦHQ\SŦHGHYxÊP
t'ÊO\NWHUÆSRGOÆKDMÊSURYR]QÊPXRSRWŦHEHQÊ
t=¾YDG\QD]¾NODGĵQHYKRGQÆKRSRX{ÊY¾QÊQHERQHGRGU{RY¾QÊQ¾YRGXN}REVOX]H
t'HPRQWRYDQ¾HOHNWULFN¾Q¾ŦDGÊ
tkNRG\]SƀVREHQÆSŦHWÊ{HQÊPHOHNWULFNÆKRSŦÊVWURMH
tkNRG\QD]¾NODGĵSRX{ÊY¾QÊQHSRYROHQÚFKYDGQÚFKQHERQHVSU¾YQĵSRX{ÊYDQÚFKĦ¾VWÊSŦÊVOXxHQVWYÊ
tkNRG\NWHUÆE\O\]SƀVREHQ\HOHNWULFNÚPQ¾ŦDGÊP
tkNRG\Y]QLNOÆSRX{ÊY¾QÊPQ¾VLOÊ
t1¾VOHGQÆxNRG\Y]QLNOÆQHYKRGQRXDQHGRVWDWHĦQRX×GU{ERX]HVWUDQ\]¾ND]QÊNDQHERWŦHWÊRVRE\
t3RxNR]HQÊFL]ÊP]DYLQĵQÊPUHVSFL]ÊPLWĵOHV\
=¾UXĦQÊRSUDY\PRKRXSURY¾GĵWYÚKUDGQĵVHUYLVQÊVWŦHGLVNDĺUP\0(1=(5
7ÊPWRSURKO¾xHQÊPR]¾UXFHQHMVRXGRWĦHQ\]¾NRQQÆUHVSVPOXYQÊQ¾URN\QD]¾UXĦQÊSOQĵQÊ
9¾14È-Ü/.#,Ü-*8