K #RRNG+PE
#RRNG+PE#NNGTGEJVGPXQQTDGJQWFGP
8QNIGPUFGCWVGWTUTGEJVGNKLMGDGRCNKPIGPOCIFG\GJCPFNGKFKPI
PKGV\QPFGTUEJTKHVGNKLMGVQGUVGOOKPIXCP#RRNGIGJGGNQH
IGFGGNVGNKLMYQTFGPIGMQRKGGTF
&G\GJCPFNGKFKPIKUOGVWKVGTUVG\QTIUCOGPIGUVGNF
#RRNGCCPXCCTFVIGGPCCPURTCMGNKLMJGKFXQQTFTWMQHV[RGHQWVGP
#RRNG
+P°PKVG.QQR
%WRGTVKPQ%#
YYYCRRNGEQO
*GV#RRNGNQIQKUGGPJCPFGNUOGTMXCP#RRNG+PEFCVKU
IGFGRQPGGTFKPFG8GTGPKIFG5VCVGPGPCPFGTGNCPFGP<QPFGT
XQQTCHICCPFGUEJTKHVGNKLMGVQGUVGOOKPIXCP#RRNGKUJGV
PKGVVQGIGUVCCPJGVXKCJGVVQGVUGPDQTFQRVGTQGRGP#RRNG
NQIQ1RVKQPz5JKHV-VGIGDTWKMGPXQQTEQOOGTEKrNG
FQGNGKPFGP
#RRNGJGV#RRNGNQIQ#KT2QTV#KT2QTV'ZVTGOG%QXGT(NQY'ZRQUo
(KNG8CWNV(KTG9KTG)CTCIG$CPFK%CNK%JCVK.KHGK/QXKGK2JQPG
K2JQVQK2QFK5KIJVK6WPGU-G[PQVG/CE/CE$QQM/CEKPVQUJ
/CE15/CI5CHG2JQVQ$QQVJ5CHCTK5PQY.GQRCTF5RCEGU
5RQVNKIJV5WRGT&TKXGGP6KOG/CEJKPG\KLPJCPFGNUOGTMGPXCP
#RRNG+PEFKG\KLPIGFGRQPGGTFKPFG8GTGPKIFG5VCVGPGPCPFGTG
NCPFGP
(KPFGTJGV(KTG9KTGNQIQGP/WNVK6QWEJ\KLPJCPFGNUOGTMGP
XCP#RRNG+PE
#RRNG%CTG#RRNG5VQTGGPK6WPGU5VQTG\KLPFKGPUVOGTMGPXCP
#RRNG+PEFKG\KLPIGFGRQPGGTFKPFG8GTGPKIFG5VCVGPGPCPFGTG
NCPFGP
'0'4);56#4KUGGPJCPFGNUOGTMFCVKUIGFGRQPGGTFKPFG
8GTGPKIFG5VCVGP
+PVGN+PVGN%QTGGP:GQP\KLPJCPFGNUOGTMGPXCP+PVGN%QTRKP
FG8GTGPKIFG5VCVGPGPCPFGTGNCPFGP
*GVYQQTFOGTM$NWGVQQVJGPFG$NWGVQQVJNQIQU\KLP
IGFGRQPGGTFGJCPFGNUOGTMGPKPGKIGPFQOXCP$NWGVQQVJ
5+)+PE'NMIGDTWKMJKGTXCPFQQT#RRNG+PEXCNVQPFGTFG
NKEGPVKGDGRCNKPIGP
#PFGTGRTQFWEVGPDGFTKLHUPCOGPFKGYQTFGPIGPQGOFMWPPGP
JCPFGNUOGTMGPXCPFGFGUDGVTGÒGPFGDGFTKLXGP\KLP2TQFWEVGP
XCPCPFGTGHCDTKMCPVGPYQTFGPCNNGGPIGPQGOFVGTKPHQTOCVKG
&KVDGVGMGPVPKGVFCVFG\GRTQFWEVGPFQQT#RRNGYQTFGP
CCPDGXQNGPQHFQQT#RRNG\KLPIQGFIGMGWTF#RRNGCCPXCCTFV
IGGPGPMGNGCCPURTCMGNKLMJGKFOGVDGVTGMMKPIVQVFG
DGVTQWYDCCTJGKFXCPFG\GRTQFWEVGP
)GHCDTKEGGTFQPFGTNKEGPVKGXCP&QND[.CDQTCVQTKGU&QND[2TQ
.QIKEGPJGVFWDDGNG&U[ODQQN\KLPJCPFGNUOGTMGPXCP&QND[
.CDQTCVQTKGU%QP°FGPVKCN7PRWDNKUJGF9QTMU£&QND[
.CDQTCVQTKGU+PE#NNGTGEJVGPXQQTDGJQWFGP
)GNKLMVKLFKIIGFTWMVKPFG8GTGPKIFG5VCVGPGP%CPCFC