Upload
dinhnhi
View
252
Download
12
Embed Size (px)
Citation preview
1HZL?PWL
58=0;
B0,*&%
’,$%&$’%&*’#),T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/&-/’-
*(.&)&#+) 4" &,.)’’#&& = =H[PVUHS 6YPK’.$%&$’%&*
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
41&
%#%% &#’% 8? ’,$%&$’%&* ’,$%&$’%&* 62$6B 92@ =0 =0 7HUK BVVSZ&#’% &*#)* 2? ’,$%&$’%&* (&$%&$’%&* 62$6B 92@ =0 =0 3HUKV (%%%
(#(% (#*% &%%% %&%% 2OPZLSSPUN JVUJYL[L(#*% (#+% &&&% %%(% 2OPZLSSPUN JVUJYL[L
%#%% %#*% 0YPZPUNZ%#*% &*#)* 1LU[VUP[L
’-$%&$’%&* &)&* *#%% )#%% * *#%% %#%%’-$%&$’%&* &)&* *#%% (#-% &% *#%% =@’-$%&$’%&* &)&* *#%% (#-% &* *#%% =@’-$%&$’%&* &)&* *#%% (#-% ’% *#%% =@
’*%’%%
(#)%&*#)*
’*%’%%
(#)%&%#+%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
MNY\Q!
BZXSNL\ @X&
BZXSNL\ @JVN
8VYUXaNZ8WPRWNNZ
6XXZMRWJ\N[:ZX]WM >N^NU<WLURWJ\RXW7J\N D\JZ\NM 7J\N 6XVYUN\NM
;XUN <7&8‘YUXZJ\XZa ;XUN >XP
DBE 78E4<>DBCA:C8DDCNVJZT[7J\N ERVN ;XUN
MNY\Q MNY\Q6J[RWP GJ\NZ
MNY\Q7NY\Q EaYN <WLZNVNW\JU KUX_ LX]W\ ’
;NJMNZ BJPN *
@AE8D2 4UU MNY\Q[ RW VN\ZN[%
$ DNJ\RWP KUX_[ XWUa&
6J[RWP GJ\NZMNY\Q
9XZV @X& D<8HB;A>8;7C B* <[[]N&CN^R[RXW @X& )&(. <[[]N 7J\N )*’(+’*(),
JUU MRJVN\NZ[ RW VRUURVN\ZN[&
8WNZPaZJ\RXYNWN\ZJ\RXW RW VV
;JVVNZ@X&
BJZ\ XO \QN 5JLQa DXUN\JWLQN PZX]Y
:8@8C4> @AE8D
78BE; C8>4E87 C8?4C=DEXY
7NY\Q5J[N
7NY\QCNVJZT[
9<@4>
9XZ MN\JRU[ XO JKKZN^RJ\RXW[% [NN TNa
E4/-)(
*/’()’*()-*&,/V A7
DRU^NZ\X_W E]WWNU
4\TRW[ >\M4\TRW[ >\M
>XP BZRW\ 7J\N 4WM ERVN2 )0’(.’*()- )-2)02+)
-+1),)&., 8% )/1,**&)) @ @J\RXWJU :ZRM*1’()’*()-
>XP LQNLTNM Ka2 D9 (+’(.’*()-
FNZ\RLJU
85)
+&.( ,&0( GJ\NZ JMMNM \X J[[R[\ MZRUURWP&
*/’()’*()- )-(( (&(( (&(( 7CI D\JZ\ XO ;XUN*/’()’*()- )0(( )&/( )&)( 7CI 8WM XO DQRO\*0’()’*()- (/*( )&/( )&)( 7CI D\JZ\ XO DQRO\*0’()’*()- )0(( 1&/( 1&/( ,&.( 8WM XO DQRO\*1’()’*()- (/+( 1&/( 1&/( +&/( D\JZ\ XO DQRO\*1’()’*()- )0(( )-&(( )(&.( @C 8WM XO DQRO\
)&*( DBE @30 "*%)%*%*%*%*# 4C,1+ -/ @’4 @C,&(( DBE"6# @3*. "+%-%.%/%.%/# 4C,1+ -/ +&,( +&0(-&-( DBE"6# @3*) "+%+%+%-%.%/# 4C,1+ -/ -&-( ,&0(/&(( DBE"6# @31 "*%*%*%*%+%*# 4C,1+ -/ /&(( ,&-(0&-( DBE"6# @3)( "*%)%*%+%+%*# 4C,1+ -/ 0&-( ,&-(
)(&(( DBE"6# @3)+ ")%*%*%+%+%-# 4C,1+ -/ )(&(( ,&(()*&-( DBE @3+) "+%.%.%/%0%)(# 4C,1+ -/ )(&.( /&1()-&(( DBE @3+1 ".%/%0%1%))%))# 4C,1+ -/ )(&.( ))&.(
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’-0X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3*13,1
.,2*-*’/- 9% *02-++’** @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
96*
*)’+)
**’))
*+’))
")’1)#
"*’))#
",’-.#
&0’0,
&1’.,
&2’.,
8 +16 +2
9E ,)8 ,*
GF ,+
8 ,,
8 ,-
8 ,.6 ,/
8 ,0
GF ,1
8 ,2
*)’))*)’))&*)’.)
*)’.)*)’.)
**’))&**’-.
**’.)
*+’))
*+’.)&*+’2.*+’.)&*,’))
*,’.)
*-’))&*-’-.
*-’.)
*))
*))
/) 6WZa]% *))! DPNZ‘P\c
0) 6WZa]% *))! DPNZ‘P\c
EBF"7# @4*,*)’))
EBF @4,**+’.)
*)’-.
*+’2.
>ZZ]P ^Z XPOT_X OPY]P OL\V R\Pc% M\ZaY LYO aST^P ‘P\c ]LYOc ;D5H9>’ ;\L‘PWT] ]_M\Z_YOPO ^Z \Z_YOPO QTYP ^Z NZL\]P ZQ QWTY^’ ELYO T] QTYP ^Z NZL\]P’"DT‘P\ FP\\LNP 8P[Z]T^]#
:T\X R\Pc ]TW^c ]LYOc 7>5K’ ELYO T] QTYP’">ZYOZY 7WLc :Z\XL^TZY#
E^TQQ R\Pc ]LYOc 7>5K’ ELYO T] QTYP’">ZYOZY 7WLc :Z\XL^TZY#
E^TQQ R\Pc ]WTRS^Wc ]LYOc 7>5K’ ELYO T] QTYP’">ZYOZY 7WLc :Z\XL^TZY#
ESPP^ , ZQ -
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’-0X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3*13-)
.,2*-*’/- 9% *02-++’** @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
96*
*.’-. &*+’21
8 -)8 -*
*.’))*.’))&*.’-.
EBF @4,2*.’)) *.’-.
E^TQQ R\Pc ]WTRS^Wc ]LYOc 7>5K’ ELYO T] QTYP’">ZYOZY 7WLc :Z\XL^TZY#
9b[WZ\L^Z\c SZWP NZX[WP^P L^ *.’-. X’
ESPP^ - ZQ -
1I[M?QXM
58=0;
B0,*&%
&%$&’$’%&)’#,%U >3
AQT^MZ\W_V B]VVMT
0\SQV[ ;\L0\SQV[ ;\L
;WO ?ZQV\ 3I\M 0VL BQUM/ &-$%+$’%&* &*/&-/*%
*(.’&.#&’ 4" &,.*(%#+- = =I\QWVIT 6ZQL&’$&’$’%&)
;WO KPMKSML Ja/ A5 %($%+$’%&*
DMZ\QKIT
41’
%#%% &#’% 8? &%$&’$’%&) &%$&’$’%&) 31$95 H1 =0 =0 7IVL BWWT[&#’% &*#+% 2? &&$&’$’%&) &’$&’$’%&) 30$<B H1 =0 =0 3IVLW (%%%
’#%% %& A? %#*% ’#%%
*#)% *#+% =@ %%(% 2PQ[MTTQVO+#+% +#-% =@ %%(% 2PQ[MTTQVO-#,% -#.% =@ %%(% 2PQ[MTTQVO
&%#-% &&#%% =@ %%(% 2PQ[MTTQVO
%& %#%% %#*% *% ?TIQV%& %#*% ’#%% *% ATW\\ML
%#%% %#’% 2WVKZM\M%#’% %#*% 1MV\WVQ\M%#*% ’#%% 6ZI^MT JIKSNQTT’#%% &*#+% 1MV\WVQ\M
&&$&’$’%&) &*)* *#%% *#%% ’% *#%% =A
’%%&*%
(#%%&*#+%
’%%&*%
(#%%&(#+%
?8?4 2>=AB@C2B8>=83
PPUU[[
1Q\2WZM 2WZM
1IZZMT A]XXWZ\;WOOML 1a
3QI#WN XQXM
!
@MUIZS[<I\MZQIT[MK\QWV
1I[M WN[MK\QWV
BWX WN102:58;; 34B08;A
3]ZI\QWVPPUU
A\IZ\ \QUM
5T][PKWTW]Z
\ISMVNTW_
5WZ LM\IQT[ WN IJJZM^QI\QWV[" [MM SMa
BWX 1I[MBaXM WN
XQXM3Q[\IVKM
8=AB0;;0B8>= 34B08;A
NZWU 6#;#83
?ZWRMK\ =W#
?ZWRMK\ =IUM
4UXTWaMZ4VOQVMMZ
2WWZLQVI\M[6ZW]VL ;M^MT8VKTQVI\QWV3I\M A\IZ\ML 3I\M 2WUXTM\ML
7WTM 83#4‘XTWZI\WZa 7WTM ;WO
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7IZL A\ZI\I 3MX\PNZWU \W
PPUU
7WTMLQIUM\MZ
3MX\P WNPWTM
2I[QVOLQIUM\MZ
3MX\P WNKI[QVO
3I\M BQUM A\ZQSM I\LMX\P LMX\P
@Q[M \W BQUM\W ZQ[M
2I[QVO LMX\PI\ [\ZQSM
\QUM\W [MIT
7MILMZ ?IOM &
=>B4A/ 0TT LMX\P[ QV UM\ZM["EI\MZ [\ZQSM ZQ[M \QUM QV UQV]\M["
5ZWULMX\P
BWLMX\P
5T][P\aXM
5T][PZM\]ZV
@MUIZS[2PQ[MTTQVO
5WZU =W# A84F?7>;473@ ?& 8[[]M#@M^Q[QWV =W# &#%+ 8[[]M 3I\M %,$&%$’%&(
4Y]QXUMV\BWX 1I[M BaXM 3I\M A\IZ\ML 3I\M 4VLML 2ZM_ AMK\QWV APWZQVO $ @MUIZS[
ITT LQIUM\MZ[ QV UQTTQUM\ZM[#PIZL [\ZI\I \QUM QV PPUU
BWX 1I[M 3QIUM\MZ BQUM @MKW^MZa!
3G=0<82 A0<?;8=6
?IZ\ WN \PM 1IKPa AWTM\IVKPM OZW]X
BaXM @M[XWV[M bWVMBWX
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
*)(*+(+)*-+’0)W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3*13.,
.,2+*2’*+ 9% *02.,)’/1 A AK]SYXKV ;[SN*+(*+(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
96+
+’)) ,’)) 6OX]YXS]O \OKV’.’)) *,’+) HK]O[ KNNON ]Y K\\S\] N[SVVSXQ’
*)(*+(+)*- )0,) )’)) & AD E]K[] YP <YVO*)(*+(+)*- *1)) *’+) & 8DJ 9XN YP =C**(*+(+)*- )0,) *’+) & 8DJ E]K[] YP 7C**(*+(+)*- *1)) 0’.) 0’.) .’*) 9XN YP ERSP]*+(*+(+)*- )0,) 0’.) 0’.) -’/) E]K[] YP ERSP]*+(*+(+)*- *1)) *.’/) *,’/) 2’2) 9XN YP <YVO
*’+) ECF A4*+ "+%+%,%-%,%+# 5D.,1 0. AD AD-’0) ECF A4,. ",%-%1%1%2%*)# 5D.,1 0. -’+) 8DJ/’+) ECF"7# A4+/ "+%-%/%/%0%0# 5D.,1 0. /’+) -’1)0’.) ECF"7# A4*2 "*%,%-%-%.%/# 5D.,1 0. 0’.) -’.)2’)) ECF"7# A4*2 "+%+%-%.%-%/# 5D.,1 0. 2’)) -’,)
*)’.) ECF"7# A4+) "*%,%,%.%/%/# 5D.,1 0. *)’.) -’+)*+’)) ECF"7# A4*2 "-%.%,%-%.%0# 5D.,1 0. *+’)) -’-)*.’+) ECF .)(+2)WW "-%.%2%*+%*-%*.# 5D.,1 0. *,’/) 2’2)
8O\M[SZ]SYX YP E][K]K >OQOXN 8OZ]R>O_OV8K]^W EKWZVSXQ
8O]KSV\=X ES]^ FO\] =X\]KVV&
K]SYX
@AF9E3 5VV NOZ]R\ SX WO][O\% KVV NSKWO]O[\ SX WSVVSWO][O\’EOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ%
<YVO =8’
8O]KSV\
6VY‘ 7Y^X] 5XN
B[YTOM] @Y’
F7D E7D DC8
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN >O_OV
9aZVY[K]Y[b <YVO >YQB[YTOM] @KWO
<YVO FbZO =XMVSXK]SYX
:Y[W @Y’ E=9IB<A>9>A; =\\^O’DO_S\SYX @Y’ *’)/ =\\^O 8K]O +)()2(+)*, BK[] YP ]RO 6KMRb EYVO]KXMRO ;[Y^Z
EKWZVO DOMY_O[b
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UObZ[YQ[O\\ KXN ‘K]O[’
8SK’"FRSMUXO\\#
:=@5>
=B$7B
F50.*)
+’0)W A8
ESV_O[]Y‘X F^XXOV
5]USX\ >]N5]USX\ >]N
>YQ B[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3*13..
.,2+*2’*+ 9% *02.,)’/1 @ @K]SYXKV ;[SNHO[]SMKV
>YQ MROMUON Lb3 E: ),()/(+)*.
96+
)’+)
)’0)
*’+)
,’0)
-’.)
-’2)
")’+)#
")’.)#
")’.)#
"+’.)#
")’1)#
")’-)#
+’.)
+’))
*’.)
&*’))
&*’1)
&+’+)
9E *6 +
9E ,6 -
9E .6 /
8 06 1
8 *)9E 2
8 **6 *+9E *,
GF *-
8 *.
9E */6 *0
8 *19E *26 +)
GF +*
8 ++
8 +,6 +-9E +.
)’,))’,)
)’.))’.)
*’))*’))
*’+)&*’/.*’+)&*’0)
*’.)*’.)
+’,)+’,)&+’0)+’,)
+’0)&,’*.
,’*.
,’,),’,)&,’0)
,’0),’0),’0)&-’+)
-’+)&-’/.
-’/)
-’0)&.’*.-’0)&.’+)-’0)
*))
*))
+. 6VY‘\% *))! DOMY_O[b
+. 6VY‘\% /0! DOMY_O[b
EBF @4*+*’+)
EBF @4,.-’0)
*’/.
.’*.
?589 ;DAG@83 FK[WKMKNKW "K\ZRKV]#’"<K[N\]KXNSXQ#
?589 ;DAG@83 EYP] LVKMU(NK[U Q[Ob _O[b Q[K_OVVb MVKb’ ;[K_OV \ScONP[KQWOX]\ K[O KXQ^VK[ ]Y \^L[Y^XNON PSXO ]Y MYK[\O YP MYKV% MVSXUO[% L[SMUKXN K\R’"?KNO ;[Y^XN#
?589 ;DAG@83 EYP] ]Y PS[W LVKMU WY]]VON NK[U Q[Ob KXN M[OKW Q[K_OVVb \KXNbMVKb’ ;[K_OV \ScON P[KQWOX]\ K[O KXQ^VK[ ]Y \^LKXQ^VK[ PSXO ]Y MYK[\O YPMYKV% MVSXUO[% ZY] K\R% L[SMU KXN MYUO’ EKXN \ScON P[KQWOX]\ K[O PSXO ]YMYK[\O’"?KNO ;[Y^XN#
?589 ;DAG@83 :S[W L[Y‘X(Q[Ob \KXNb Q[K_OVVb MVKb’ ;[K_OV \ScON P[KQWOX]\K[O KXQ^VK[ ]Y \^L[Y^XNON PSXO ]Y MYK[\O YP L[SMU% MVSXUO[ KXN MYUO’ EKXN\ScON P[KQWOX]\ K[O PSXO ]Y MYK[\O’"?KNO ;[Y^XN#
:S[W L[Y‘X(Q[Ob \VSQR]Vb \KXNb 7>5J’ EKXN S\ PSXO ]Y MYK[\O’ 6VKMU(L[Y‘XY[QKXSM ZOK] MYWZ[S\SXQ ‘YYN KXN _OQO]KLVO WK]]O[’"5VV^_S^W#
6[Y‘X _O[b Q[K_OVVb PSXO ]Y MYK[\O E5@8’ ;[K_OV S\ PSXO ]Y WONS^W\^LKXQ^VK[ ]Y \^L[Y^XNON YP PVSX]’"DS_O[ FO[[KMO 8OZY\S]\#
EROO] * YP -
8O\M[SZ]SYX YP E][K]K >OQOXN 8OZ]R>O_OV8K]^W EKWZVSXQ
8O]KSV\=X ES]^ FO\] =X\]KVV&
K]SYX
@AF9E3 5VV NOZ]R\ SX WO][O\% KVV NSKWO]O[\ SX WSVVSWO][O\’EOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ%
<YVO =8’
8O]KSV\
6VY‘ 7Y^X] 5XN
B[YTOM] @Y’
F7D E7D DC8
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN >O_OV
9aZVY[K]Y[b <YVO >YQB[YTOM] @KWO
<YVO FbZO =XMVSXK]SYX
:Y[W @Y’ E=9IB<A>9>A; =\\^O’DO_S\SYX @Y’ *’)/ =\\^O 8K]O +)()2(+)*, BK[] YP ]RO 6KMRb EYVO]KXMRO ;[Y^Z
EKWZVO DOMY_O[b
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UObZ[YQ[O\\ KXN ‘K]O[’
8SK’"FRSMUXO\\#
:=@5>
=B$7B
F50.*)
+’0)W A8
ESV_O[]Y‘X F^XXOV
5]USX\ >]N5]USX\ >]N
>YQ B[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3*13.1
.,2+*2’*+ 9% *02.,)’/1 @ @K]SYXKV ;[SNHO[]SMKV
>YQ MROMUON Lb3 E: ),()/(+)*.
96+
*,’+)
"+’))#
&*)’.)
8 ,1
9E ,26 -)
8 -*
6 -+
8 -,
6 --9E -.
8 -/6 -0
9E -1
GF -2
8 .)
8 .*
*)’.)
*)’0)*)’0)&**’+)
**’.)
**’0)&*+’+)
*+’.)
*+’0)&*,’+)*+’0)
*,’+)*,’+)&*,’/)
*,’.)
*,’/)&*-’).
*-’).
*-’.)
*)) 0. 6VY‘\% *))! DOMY_O[b
EBF"7# @4+)*)’.)
EBF"7# @4*2*+’))
*)’2.
*+’-.
?ONS^W NOX\O NK[U L[Y‘X WY]]VON Q[Ob KXN ‘RS]O _O[b \KXNb KXQ^VK[ ]Y[Y^XNON PSXO ]Y MYK[\O ;D5H9> YP PVSX]’ EKXN S\ PSXO ]Y MYK[\O’"DS_O[ FO[[KMO 8OZY\S]\#
:S[W L[Y‘XS\R Q[Ob 7>5J’">YXNYX 7VKb :Y[WK]SYX#
EROO] , YP -
8O\M[SZ]SYX YP E][K]K >OQOXN 8OZ]R>O_OV8K]^W EKWZVSXQ
8O]KSV\=X ES]^ FO\] =X\]KVV&
K]SYX
@AF9E3 5VV NOZ]R\ SX WO][O\% KVV NSKWO]O[\ SX WSVVSWO][O\’EOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ%
<YVO =8’
8O]KSV\
6VY‘ 7Y^X] 5XN
B[YTOM] @Y’
F7D E7D DC8
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN >O_OV
9aZVY[K]Y[b <YVO >YQB[YTOM] @KWO
<YVO FbZO =XMVSXK]SYX
:Y[W @Y’ E=9IB<A>9>A; =\\^O’DO_S\SYX @Y’ *’)/ =\\^O 8K]O +)()2(+)*, BK[] YP ]RO 6KMRb EYVO]KXMRO ;[Y^Z
EKWZVO DOMY_O[b
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UObZ[YQ[O\\ KXN ‘K]O[’
8SK’"FRSMUXO\\#
:=@5>
=B$7B
F50.*)
+’0)W A8
ESV_O[]Y‘X F^XXOV
5]USX\ >]N5]USX\ >]N
>YQ B[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3*23))
.,2+*2’*+ 9% *02.,)’/1 @ @K]SYXKV ;[SNHO[]SMKV
>YQ MROMUON Lb3 E: ),()/(+)*.
96+
*.’+)
*.’/)
")’-)#
&*+’.)
&*+’2)
8 .+ *.’+)&*.’/) EBF .)(+2)WW*.’+)
*.’/-
:S[W L[Y‘XS\R Q[Ob 7>5J’">YXNYX 7VKb :Y[WK]SYX#
HO[b NOX\O L[Y‘X KXN Q[Ob PSXO E5@8 ‘S]R YMMK\SYXKV \ROVV P[KQWOX]\’"<K[‘SMR :Y[WK]SYX#
9aZVY[K]Y[b RYVO MYWZVO]O K] *.’/) W’
EROO] - YP -
1HZL?PWL
58=0;
B0,*&%
’*$&&$’%&)’#.(T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/&./&’
*(.’)’#,. 4" &,.+*,#.+ = =H[PVUHS 6YPK’+$&&$’%&)
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
41(
%#%% &#’% 8? ’*$&&$’%&) ’*$&&$’%&) 22$42 9@ =0 =0 7HUK BVVSZ&#’% ’#%% 2? ’*$&&$’%&) ’+$&&$’%&) 22$42 9@ =0 =0 3HUKV (%%%
&#-% ’#%% =@ %&%% 2OPZLSSPUN
%#%% %#&% 0YPZPUNZ%#&% %#*% 2VUJYL[L%#*% ’#%% 1LU[VUP[L
’%% ’#%% ’%% &#-%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
6Y[ORYVO ]O[WSXK]ON KXN [OVYMK]ON ]Y 96,5 N^O ]Y MYXM[O]OYL\][^M]SYX K] +’))W’
*’
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
+.(**(+)*-+’2,W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3*23*.
.,2+-+’02 9% *02/.0’2/ A AK]SYXKV ;[SN+/(**(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
96,
+.(**(+)*- )0,) )’)) & AD E]K[] YP <YVO+.(**(+)*- *1)) +’)) *’1) 8DJ 9XN YP ERSP]+/(**(+)*- )0,) +’)) *’1) 8DJ E]K[] YP ERSP]+/(**(+)*- *1)) +’)) & AD 9XN YP <YVO
*’.) ECF"7# A4-+ "+%-%-%/%1%+-# 5D12 /0 *’.) 8DJ
7MZKYQX[QWV WN D[YI[I =MOMVL 7MX[P=M]MT7I[\U DIUXTQVO
7M[IQTZ<V DQ[\ EMZ[ <VZ[ITT%
I[QWV
?@E8D2 4TT LMX[PZ QV UM[YMZ$ ITT LQIUM[MYZ QV UQTTQUM[YMZ&DMM PMILMY ZPMM[ NWY LM[IQTZ WN JWYQVO$
;WTM <7&
7M[IQTZ
5TW^ 6W\V[ 4VL
AYWRMK[ ?W&
E6C D6C CB7
8UXTW‘MY8VOQVMMY
6WWYLQVI[MZ:YW\VL =M]MT
8_XTWYI[WY‘ ;WTM =WOAYWRMK[ ?IUM
;WTM E‘XM <VKTQVI[QWV
9WYU ?W& D<8HA;@=8=@: <ZZ\M&CM]QZQWV ?W& )&(. <ZZ\M 7I[M *(’(1’*()+ AIY[ WN [PM 5IKP‘ DWTM[IVKPM :YW\X
DIUXTM CMKW]MY‘
9WY LM[IQTZ WN IJJYM]QI[QWVZ$ ZMM SM‘XYWOYMZZ IVL ^I[MY&
7QI&!EPQKSVMZZ"
9<?4=
<A#6A
E4/-)(
*&1+U @7
DQT]MY[W^V E\VVMT
4[SQVZ =[L4[SQVZ =[L
=WO AYQV[ 7I[M 4VL EQUM2 )0’(.’*()- )-2)12)0
-+1*,*&/1 8$ )/1.-/&1. ? ?I[QWVIT :YQLGMY[QKIT
=WO KPMKSML J‘2 D9 (+’(.’*()-
85+
(&)(
(&+(
)&((
*&((
!(&*("
!(&/("
!)&(("
*&0+
*&.+
)&1+
(&1+
8D )5 *
8D +5 ,
8D -5 .
5 /7 0
(&+((&+(
(&-((&-(
)&(()&((
)&-(%)&0()&-(
DAE!6" ?3,*)&-(
)&1-
>478 :C@F?72 5TWKS XI]QVO&!;IYLZ[IVLQVO"
>478 :C@F?72 :YM‘ Z\JIVO\TIY UMLQ\U OYI]MT ZQaML NYIOUMV[Z WN JYQKS IVLJITTIZ[&!>ILM :YW\VL"
>478 :C@F?72 5YW^V KTI‘M‘ ZIVL‘ Z\JIVO\TIY [W Z\JYW\VLML NQVM [W KWIYZMOYI]MT ZQaM NYIOUMV[Z WN JYQKS IVL NTQV[& DIVL ZQaML NYIOUMV[Z IYM NQVM [WKWIYZM&!>ILM :YW\VL"
>478 :C@F?72 7MVZM JTIKS KTI‘M‘ ZIVL‘ IZP‘ Z\JIVO\TIY [W Z\JYW\VLML NQVM[W KWIYZM OYI]MT ZQaM NYIOUMV[Z WN JYQKS$ NTQV[ IVL KWVKYM[M& DIVL ZQaMLNYIOUMV[Z IYM NQVM [W KWIYZM&!>ILM :YW\VL"
8_XTWYI[WY‘ PWTM KWUXTM[M I[ *&(( U&
DPMM[ ) WN )
1GYK>OVK
58<0:
A0,*&%
’*$&&$’%&)’#.’S =3
@OR\KXZU]T A[TTKR
0ZQOTY :ZJ0ZQOTY :ZJ
:UM >XOTZ 3GZK 0TJ AOSK/ &-$%+$’%&* &*/&./’’
*(.’)%#.. 4" &,.+*+#*’ < <GZOUTGR 6XOJ&%$&’$’%&)
:UM INKIQKJ H_/ @5 %($%+$’%&*
CKXZOIGR
41(0
%#%% &#’% 8> ’*$&&$’%&) ’+$&&$’%&) 22$42 87 <0 <0 7GTJ AUURY&#’% )#%% 2> ’+$&&$’%&) &%$&’$’%&) 22$42 87 <0 <0 3GTJU (%%%)#%% &*#)* 2> %.$&’$’%&) &%$&’$’%&) 30$;A 87 <0 <0 3GTJU (%%%
)#%% %’ @> &#%% )#%%&*#%% %& @> +#%% &*#%%
.#&% .#(% <0 %%(% 2NOYKRROTM&&#(% &&#*% <0 %%(% 2NOYKRROTM
%’ %#%% &#%% *% >RGOT%’ &#%% )#%% *% @RUZZKJ%& %#%% +#%% *% >RGOT%& +#%% &*#%% *% @RUZZKJ
%#%% %#*% 2UTIXKZK%#*% &#%% 1KTZUTOZK&#%% )#%% 6XG\KR HGIQLORR)#%% +#%% 1KTZUTOZK+#%% &*#)* 6XG\KR HGIQLORR
’+$&&$’%&) &(%% &#-% &#,% * &#-% <@’+$&&$’%&) &(%% &#-% &#,% &% &#-% <@’+$&&$’%&) &(%% &#-% &#,% &* &#-% <@’+$&&$’%&) &(%% &#-% &#,% ’% &#-% <@%.$&’$’%&) &,&* *#,% )#-% * *#,% <@%.$&’$’%&) &,&* *#,% )#(% &% *#,% <@%.$&’$’%&) &,&* *#,% )#’% &* *#,% <@%.$&’$’%&) &,&* *#,% )#&% ’% *#,% <@
’%%&*%
*#%%&*#)*
’%%&*%
*#%%&(#&%
>8>4 2=<@A?B2A8=<83
NNSSYY
1OZ2UXK 2UXK
1GXXKR @[VVUXZ:UMMKJ 1_
3OG#UL VOVK
!
?KSGXQY;GZKXOGRYKIZOUT
1GYK ULYKIZOUT
AUV UL102958:: 34A08:@
3[XGZOUTNNSS
@ZGXZ ZOSK
5R[YNIURU[X
ZGQKTLRU]
5UX JKZGORY UL GHHXK\OGZOUTY" YKK QK_
AUV 1GYKA_VK UL
VOVK3OYZGTIK
8<@A0::0A8=< 34A08:@
LXUS 6#:#83
>XUPKIZ <U#
>XUPKIZ <GSK
4SVRU_KX4TMOTKKX
2UUXJOTGZKY6XU[TJ :K\KR8TIROTGZOUT3GZK @ZGXZKJ 3GZK 2USVRKZKJ
7URK 83#4^VRUXGZUX_ 7URK :UM
201:4 >4?2B@@8=< 34A08:@
7=:4 380;4A4? $ 20@8<6
D0A4? @A?894@
?=A0?F 5:B@7 34A08:@
7GXJ @ZXGZG 3KVZNLXUS ZU
NNSS
7URKJOGSKZKX
3KVZN ULNURK
2GYOTMJOGSKZKX
3KVZN ULIGYOTM
3GZK AOSK @ZXOQK GZJKVZN JKVZN
?OYK ZU AOSKZU XOYK
2GYOTM JKVZNGZ YZXOQK
ZOSKZU YKGR
7KGJKX >GMK &
<=A4@/ 0RR JKVZNY OT SKZXKY"DGZKX YZXOQK XOYK ZOSK OT SOT[ZKY"
5XUSJKVZN
AUJKVZN
5R[YNZ_VK
5R[YNXKZ[XT
?KSGXQY2NOYKRROTM
5UXS <U# @84E>7=:473? >& 8YY[K#?K\OYOUT <U# &#%+ 8YY[K 3GZK %,$&%$’%&(
4W[OVSKTZAUV 1GYK A_VK 3GZK @ZGXZKJ 3GZK 4TJKJ 2XK] @KIZOUT @NUXOTM $ ?KSGXQY
GRR JOGSKZKXY OT SORROSKZXKY#NGXJ YZXGZG ZOSK OT NNSS
AUV 1GYK 3OGSKZKX AOSK ?KIU\KX_!
3F<0;82 @0;>:8<6
>GXZ UL ZNK 1GIN_ @URKZGTINK MXU[V
A_VK ?KYVUTYK ‘UTKAUV
OP[^S!
D\ZUPN^ BZ’
D\ZUPN^ BLXP
:X[WZcP\:YRTYPP\
8ZZ\OTYL^P]<\Z_YO @P‘PW>YNWTYL^TZY9L^P F^L\^PO 9L^P 8ZX[WP^PO
=ZWP >9’:b[WZ\L^Z\c =ZWP @ZR
FDG 9:G6>@FDEC<E:FFEPXL\V]9L^P GTXP =ZWP
OP[^S OP[^S8L]TYR IL^P\
OP[^S9P[^S Gc[P >YN\PXPY^LW MWZa NZ_Y^ (
=PLOP\ DLRP +
BCG:F3 6WW OP[^S] TY XP^\P]%
$ FPL^TYR MWZa] ZYWc’
8L]TYR IL^P\OP[^S
;Z\X BZ’ F>:JD=C@:=9E D+ >]]_P’EP‘T]TZY BZ’ *’)/ >]]_P 9L^P *+(),(+)*-
LWW OTLXP^P\] TY XTWWTXP^\P]’
:YP\Rc\L^TZ[PYP^\L^TZY TY XX
=LXXP\BZ’
DL\^ ZQ ^SP 7LNSc FZWP^LYNSP R\Z_[
<:B:E6@ BCG:F
9:DG= E:@6G:9 E:A6E?FGZ[
9P[^S7L]P
9P[^SEPXL\V]
;>B6@
>Y][PN^TZY [T^ PbNL‘L^PO ^Z *’+)X’ 8ZYN\P^P PYNZ_Y^P\PO LYO [T^^P\XTYL^PO’
*’
7Z\PSZWP LMLYOZYPO LYO MLNVQTWWPO’+’=ZWP \PO\TWWPO )’))X ^Z -’))X’,’
;Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc
G60.*)
+.(**(+)*-+’2+X C9
FTW‘P\^ZaY G_YYPW
6^VTY] @^O6^VTY] @^O
@ZR D\TY^ 9L^P 6YO GTXP3 *1()/(+)*. *.3*23+/
.,2+-)’22 :% *02/./’.+ B BL^TZYLW <\TO*)(*+(+)*-
@ZR NSPNVPO Mc3 F; ),()/(+)*.
HP\^TNLW
:7,6
-’)) -’)) 8ZY^LXTYL^TZY PYNZ_Y^P\PO5 SZWP ]_][PYOPO’.’)) /’)) 7PY^ZYT^P ]PLW’/’)) *,’*) IL^P\ LOOPO ^Z L]]T]^ O\TWWTYR’
+.(**(+)*- )0,) )’)) & BE F^L\^ ZQ =ZWP+.(**(+)*- *1)) )’1) & 9EK :YO ZQ FSTQ^+/(**(+)*- )0,) )’1) & 9EK F^L\^ ZQ FSTQ^+/(**(+)*- *1)) -’)) -’)) ,’.) :YO ZQ FSTQ^)2(*+(+)*- )0,) )’)) & BE F^L\^ ZQ FSTQ^)2(*+(+)*- *1)) /’)) /’)) -’2) :YO ZQ FSTQ^*)(*+(+)*- )0,) /’)) /’)) .’*) F^L\^ ZQ FSTQ^*)(*+(+)*- *1)) *.’-. *,’/) 2’0) :YO ZQ =ZWP
*’,) FDG"8# B4+) ",%.%.%-%.%/# 6E12 /0 *’,) 9EK+’.) FDG"8# B4** "+%+%-%+%+%,# 6E12 /0 +’.) +’,).’/) FDG B4+/ ",%-%.%/%0%1# 6E.,1 0. .’/) 9EK0’)) FDG"8# B4*1 "+%,%,%-%.%/# 6E.,1 0. 0’)) -’0)1’.) FDG"8# B4*0 "+%+%,%-%.%.# 6E.,1 0. 1’.) -’.)
*)’)) FDG"8# B4*1 "*%+%,%-%.%/# 6E.,1 0. *)’)) -’,)**’.) FDG"8# B4*0 "+%,%,%-%.%.# 6E.,1 0. **’.) -’/)*.’)) FDG B4,) "+%-%/%0%1%2# 6E.,1 0. *,’/) 2’0)
9Q_O^U\‘U[Z [R F‘^M‘M ?QSQZP 9Q\‘T?QbQX9M‘aY FMY\XUZS
9Q‘MUX_>Z FU‘a GQ_‘ >Z_‘MXX’
M‘U[Z
ABG:F4 6XX PQ\‘T_ UZ YQ‘^Q_& MXX PUMYQ‘Q^_ UZ YUXXUYQ‘^Q_(FQQ TQMPQ^ _TQQ‘ R[^ PQ‘MUX_ [R N[^UZS&
=[XQ >9(
9Q‘MUX_
7X[c 8[aZ‘ 6ZP
C^[VQO‘ A[(
G8E F8E ED9
:Y\X[eQ^:ZSUZQQ^
8[[^PUZM‘Q_<^[aZP ?QbQX
:d\X[^M‘[^e =[XQ ?[SC^[VQO‘ AMYQ
=[XQ Ge\Q >ZOXUZM‘U[Z
;[^Y A[( F>:KC=B?:?B< >__aQ(EQbU_U[Z A[( +(*0 >__aQ 9M‘Q ,*)*3),*+- CM^‘ [R ‘TQ 7MOTe F[XQ‘MZOTQ <^[a\
FMY\XQ EQO[bQ^e
;[^ PQ‘MUX_ [R MNN^QbUM‘U[Z_& _QQ WQe\^[S^Q__ MZP cM‘Q^(
9UM(#GTUOWZQ__$
;>A6?
>C%8C
G61/+*
,(3,Y B9
FUXbQ^‘[cZ GaZZQX
6‘WUZ_ ?‘P6‘WUZ_ ?‘P
?[S C^UZ‘ 9M‘Q 6ZP GUYQ4 +2)*0),*+/ +/4+34-.
/-3,.*(33 :& +130/0(/, A AM‘U[ZMX <^UPIQ^‘UOMX
?[S OTQOWQP Ne4 F; *-)*0),*+/
:7-6
+-(+*
#,(-/$
’+*(+2
7 -.9 -/:F -0
7 -19 -2
7 -39 .*:F .+
9 .,7 .-
:F ..
HG ./
9 .0
9 .1
+*(/*’++(**+*(/*+*(/*
++(/*’+,(**++(/*
+,(/*’+-(**+,(/*+,(/*
+-(+*+-(+*’+-(0*
+-(.*
+-(0/’+.(**
+.(*/
+.(/*
+** 1/ 7X[c_& 01! EQO[bQ^e
FCG#8$ A5+2+*(**
FCG#8$ A5+1++(/*
+*(./
++(3/
@QPUaY PQZ_Q YaX‘UO[X[a^QP _XUST‘Xe _UX‘e bQ^e _MZPe _aNMZSaXM^ ‘[_aN^[aZPQP RUZQ ‘[ O[M^_Q S^MbQX [R RXUZ‘ MZP OTQ^‘ #X[OMXXe cU‘TTeP^[OM^N[Z O[Z‘MYUZM‘U[Z$( FMZP U_ RUZQ ‘[ O[M^_Q(#EUbQ^ GQ^^MOQ 9Q\[_U‘_$
F‘URR RU__a^QP ‘TUZXe XMYUZM‘QP N^[cZU_T S^Qe _XUST‘Xe _MZPe 8?6L(;U__a^Q_ M^Q Qd‘^QYQXe OX[_QXe ‘[ bQ^e OX[_QXe _\MOQP ^MZP[YXe [^UQZ‘M‘QP\XMZM^ ^[aST MZP _Y[[‘T( BOOM_U[ZMX ‘TUZ \M^‘UZS_ [R S^Qe RUZQ _MZP(BOOM_U[ZMX \M‘OTQ_ [R NXMOW _‘MUZUZS [Z RU__a^Q_( EM^Q RUZQ ‘[ O[M^_Q _MZP_UfQP _QXQZU‘Q O^e_‘MX_( ;^Q]aQZ‘ ,YY d /YY Na^^[c_ UZRUXXQP cU‘T S^Qe_UX‘(#?[ZP[Z 8XMe ;[^YM‘U[Z$
NQX[c +.(/*Y _MZPe OXMe( A[ RU__a^Q_
FTQQ‘ - [R .
9Q_O^U\‘U[Z [R F‘^M‘M ?QSQZP 9Q\‘T?QbQX9M‘aY FMY\XUZS
9Q‘MUX_>Z FU‘a GQ_‘ >Z_‘MXX’
M‘U[Z
ABG:F4 6XX PQ\‘T_ UZ YQ‘^Q_& MXX PUMYQ‘Q^_ UZ YUXXUYQ‘^Q_(FQQ TQMPQ^ _TQQ‘ R[^ PQ‘MUX_ [R N[^UZS&
=[XQ >9(
9Q‘MUX_
7X[c 8[aZ‘ 6ZP
C^[VQO‘ A[(
G8E F8E ED9
:Y\X[eQ^:ZSUZQQ^
8[[^PUZM‘Q_<^[aZP ?QbQX
:d\X[^M‘[^e =[XQ ?[SC^[VQO‘ AMYQ
=[XQ Ge\Q >ZOXUZM‘U[Z
;[^Y A[( F>:KC=B?:?B< >__aQ(EQbU_U[Z A[( +(*0 >__aQ 9M‘Q ,*)*3),*+- CM^‘ [R ‘TQ 7MOTe F[XQ‘MZOTQ <^[a\
FMY\XQ EQO[bQ^e
;[^ PQ‘MUX_ [R MNN^QbUM‘U[Z_& _QQ WQe\^[S^Q__ MZP cM‘Q^(
9UM(#GTUOWZQ__$
;>A6?
>C%8C
G61/+*
,(3,Y B9
FUXbQ^‘[cZ GaZZQX
6‘WUZ_ ?‘P6‘WUZ_ ?‘P
?[S C^UZ‘ 9M‘Q 6ZP GUYQ4 +2)*0),*+/ +/4+34-/
/-3,.*(33 :& +130/0(/, A AM‘U[ZMX <^UPIQ^‘UOMX
?[S OTQOWQP Ne4 F; *-)*0),*+/
:7-6
+/(./ ’+,(/-
9 .2 +/(**’+/(./ FCG A5-*+/(** +/(./
F‘URR RU__a^QP ‘TUZXe XMYUZM‘QP N^[cZU_T S^Qe _XUST‘Xe _MZPe 8?6L(;U__a^Q_ M^Q Qd‘^QYQXe OX[_QXe ‘[ bQ^e OX[_QXe _\MOQP ^MZP[YXe [^UQZ‘M‘QP\XMZM^ ^[aST MZP _Y[[‘T( BOOM_U[ZMX ‘TUZ \M^‘UZS_ [R S^Qe RUZQ _MZP(BOOM_U[ZMX \M‘OTQ_ [R NXMOW _‘MUZUZS [Z RU__a^Q_( EM^Q RUZQ ‘[ O[M^_Q _MZP_UfQP _QXQZU‘Q O^e_‘MX_( ;^Q]aQZ‘ ,YY d /YY Na^^[c_ UZRUXXQP cU‘T S^Qe_UX‘(#?[ZP[Z 8XMe ;[^YM‘U[Z$
NQX[c +/(**Y OXMe U_ bQ^e _‘URR:d\X[^M‘[^e T[XQ O[Y\XQ‘Q M‘ +/(./ Y(
FTQQ‘ . [R .
1HZL?PWL
58=0;
B0,*&%
&)$%&$’%&*(#)%T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/&./)-
*(..’*#%& 4" &-%).’#+) = =H[PVUHS 6YPK&*$%&$’%&*
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
41)
%#%% &#’% 8? &)$%&$’%&* &)$%&$’%&* 30$@0 92@ =0 =0 7HUK BVVSZ&#’% &*#)* 2? &)$%&$’%&* &*$%&$’%&* 30$@0 92@ =0 =0 3HUKV (%%%
-#-% .#%% =@ %&%% 2OPZLSSPUN.#,% .#.% =@ %%(% 2OPZLSSPUN
%#%% %#*% 0YPZPUNZ%#*% &*#)* 1LU[VUP[L
&)$%&$’%&* &&(% (#,% =@ =@ =@ =@
’%% &*#)* ’%% &’#*%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
LMX[P!
BYWRMK[ @W&
BYWRMK[ @IUM
8UXTW‘MY8VOQVMMY
6WWYLQVI[MZ:YW\VL >M]MT<VKTQVI[QWV7I[M D[IY[ML 7I[M 6WUXTM[ML
;WTM <7&8_XTWYI[WY‘ ;WTM >WO
DBE 78E4<>DBCA:C8DDCMUIYSZ7I[M EQUM ;WTM
LMX[P LMX[P6IZQVO GI[MY
LMX[P7MX[P E‘XM <VKYMUMV[IT JTW^ KW\V[ ’
;MILMY BIOM *
@AE8D2 4TT LMX[PZ QV UM[YMZ%
$ DMI[QVO JTW^Z WVT‘&
6IZQVO GI[MYLMX[P
9WYU @W& D<8HB;A>8;7C B* <ZZ\M&CM]QZQWV @W& )&(. <ZZ\M 7I[M )*’(+’*(),
ITT LQIUM[MYZ QV UQTTQUM[YMZ&
8VMYO‘YI[QWXMVM[YI[QWV QV UU
;IUUMY@W&
BIY[ WN [PM 5IKP‘ DWTM[IVKPM OYW\X
:8@8C4> @AE8D
78BE; C8>4E87 C8?4C=DEWX
7MX[P5IZM
7MX[PCMUIYSZ
9<@4>
9WY LM[IQTZ WN IJJYM]QI[QWVZ% ZMM SM‘
E4/-)(
),’()’*()-+&,(U A7
DQT]MY[W^V E\VVMT
4[SQVZ >[L4[SQVZ >[L
>WO BYQV[ 7I[M 4VL EQUM2 )0’(.’*()- )-2)12-)
-+11*-&() 8% )0(,1*&., @ @I[QWVIT :YQL)-’()’*()-
>WO KPMKSML J‘2 D9 (+’(.’*()-
FMY[QKIT
85,
.&)( )(&,( GI[MY ILLML [W IZZQZ[ LYQTTQVO&
),’()’*()- (/+( (&(( (&(( @C D[IY[ WN ;WTM),’()’*()- ).(( .&(( .&(( -&-( 8VL WN DPQN[)-’()’*()- (/+( .&(( .&(( +&0( D[IY[ WN DPQN[)-’()’*()- ).(( )-&,- )*&-( )(&/( 8VL WN ;WTM
,&1( DBE @3- ")%(%)%)%)%*# 4C-+0 /- ,&)( +&1(.&-( DBE"6# @3), "*%*%+%+%,%,# 4C-+0 /- .&-( )&)(0&(( DBE"6# @3)1 "*%,%,%,%-%.# 4C-+0 /- 0&(( (&0(1&-( DBE"6# @3*+ "*%+%,%-%.%0# 4C-+0 /- 1&-( )&+(
)*&*( DBE @3*) ")%+%-%-%-%.# 4C-+0 /- )*&(( /&)()-&(( DBE @3** "*%+%,%-%.%/# 4C-+0 /- )*&-( )(&)(
8O\M[SZ]SYX YP E][K]K >OQOXN 8OZ]R>O_OV8K]^W EKWZVSXQ
8O]KSV\=X ES]^ FO\] =X\]KVV&
K]SYX
@AF9E3 5VV NOZ]R\ SX WO][O\% KVV NSKWO]O[\ SX WSVVSWO][O\’EOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ%
<YVO =8’
8O]KSV\
6VY‘ 7Y^X] 5XN
B[YTOM] @Y’
F7D E7D DC8
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN >O_OV
9aZVY[K]Y[b <YVO >YQB[YTOM] @KWO
<YVO FbZO =XMVSXK]SYX
:Y[W @Y’ E=9IB<A>9>A; =\\^O’DO_S\SYX @Y’ *’)/ =\\^O 8K]O +)()2(+)*, BK[] YP ]RO 6KMRb EYVO]KXMRO ;[Y^Z
EKWZVO DOMY_O[b
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UObZ[YQ[O\\ KXN ‘K]O[’
8SK’"FRSMUXO\\#
:=@5>
=B$7B
F50.*)
,’-)W A8
ESV_O[]Y‘X F^XXOV
5]USX\ >]N5]USX\ >]N
>YQ B[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3*23..
.,22+.’)* 9% *1)-2+’/- @ @K]SYXKV ;[SNHO[]SMKV
>YQ MROMUON Lb3 E: ),()/(+)*.
96-
/’*)
"-’,)#
&+’0)
8 +,6 +-
8 +.6 +/
9E +0
6 +18 +2
8 ,)6 ,*
9E ,+
8 ,,6 ,-
.’.)
.’.)&/’))
/’*)/’*)&/’/)
/’.)
0’*)&0’/)0’*)
1’*)1’*)&1’/)
1’.)
2’*)2’*)&2’/)
EBF"7# @4*-/’.)
EBF"7# @4*21’))
EBF"7# @4+,2’.)
.’,.
/’2.
1’-.
2’2.
EYP] L[Y‘X _O[b \KXNb 7>5J’ EKXN S\ PSXO ]Y MYK[\O’"5VV^_S^W#
?ONS^W NOX\O NK[U Q[Ob% L[Y‘X KXN ‘RS]O _O[b \KXNb \^LKXQ^VK[ ]Y [Y^XNONPSXO ]Y MYK[\O ;D5H9> YP PVSX]’ EKXN S\ PSXO ]Y MYK[\O Z[ONYWSXKX]VbMYK[\O’"DS_O[ FO[[KMO 8OZY\S]\#
EROO] + YP -
8O\M[SZ]SYX YP E][K]K >OQOXN 8OZ]R>O_OV8K]^W EKWZVSXQ
8O]KSV\=X ES]^ FO\] =X\]KVV&
K]SYX
@AF9E3 5VV NOZ]R\ SX WO][O\% KVV NSKWO]O[\ SX WSVVSWO][O\’EOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ%
<YVO =8’
8O]KSV\
6VY‘ 7Y^X] 5XN
B[YTOM] @Y’
F7D E7D DC8
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN >O_OV
9aZVY[K]Y[b <YVO >YQB[YTOM] @KWO
<YVO FbZO =XMVSXK]SYX
:Y[W @Y’ E=9IB<A>9>A; =\\^O’DO_S\SYX @Y’ *’)/ =\\^O 8K]O +)()2(+)*, BK[] YP ]RO 6KMRb EYVO]KXMRO ;[Y^Z
EKWZVO DOMY_O[b
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UObZ[YQ[O\\ KXN ‘K]O[’
8SK’"FRSMUXO\\#
:=@5>
=B$7B
F50.*)
,’-)W A8
ESV_O[]Y‘X F^XXOV
5]USX\ >]N5]USX\ >]N
>YQ B[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3*23.0
.,22+.’)* 9% *1)-2+’/- @ @K]SYXKV ;[SNHO[]SMKV
>YQ MROMUON Lb3 E: ),()/(+)*.
96-
*)’-)
".’).#
&0’))
8 ,.6 ,/
8 ,06 ,1
9E ,2GF -)
8 -*
8 -+
8 -,6 --
8 -.
GF -/
8 -0
8 -1
*)’*)*)’*)&*)’-)
*)’-)*)’-)&*)’2)
*)’0)*)’0)&**’*.
**’*.
**’0)
*+’+)&*+’/.*+’+)&*+’0)
*,’+)
*,’0)&*-’*.
*-’*.
*-’.)
*))
*))
0) 6VY‘\% *))! DOMY_O[b
0) 6VY‘\% *))! DOMY_O[b
EBF @4+**+’+)
*+’/.
?ONS^W NOX\O NK[U Q[Ob% L[Y‘X KXN ‘RS]O _O[b \KXNb \^LKXQ^VK[ ]Y [Y^XNONPSXO ]Y MYK[\O ;D5H9> YP PVSX]’ EKXN S\ PSXO ]Y MYK[\O Z[ONYWSXKX]VbMYK[\O’"DS_O[ FO[[KMO 8OZY\S]\#
E]SPP PS\\^[ON Q[Ob 7>5J’ :S\\^[O\ K[O MVY\OVb \ZKMON [KXNYWVb Y[SOX]K]ONZVKXK[ \WYY]R’">YXNYX 7VKb :Y[WK]SYX#
EROO] , YP -
8O\M[SZ]SYX YP E][K]K >OQOXN 8OZ]R>O_OV8K]^W EKWZVSXQ
8O]KSV\=X ES]^ FO\] =X\]KVV&
K]SYX
@AF9E3 5VV NOZ]R\ SX WO][O\% KVV NSKWO]O[\ SX WSVVSWO][O\’EOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ%
<YVO =8’
8O]KSV\
6VY‘ 7Y^X] 5XN
B[YTOM] @Y’
F7D E7D DC8
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN >O_OV
9aZVY[K]Y[b <YVO >YQB[YTOM] @KWO
<YVO FbZO =XMVSXK]SYX
:Y[W @Y’ E=9IB<A>9>A; =\\^O’DO_S\SYX @Y’ *’)/ =\\^O 8K]O +)()2(+)*, BK[] YP ]RO 6KMRb EYVO]KXMRO ;[Y^Z
EKWZVO DOMY_O[b
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UObZ[YQ[O\\ KXN ‘K]O[’
8SK’"FRSMUXO\\#
:=@5>
=B$7B
F50.*)
,’-)W A8
ESV_O[]Y‘X F^XXOV
5]USX\ >]N5]USX\ >]N
>YQ B[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3*23.1
.,22+.’)* 9% *1)-2+’/- @ @K]SYXKV ;[SNHO[]SMKV
>YQ MROMUON Lb3 E: ),()/(+)*.
96-
*.’-. &*+’).
8 -2 *.’))&*.’-. EBF @4++*.’)) *.’-.
E]SPP PS\\^[ON Q[Ob 7>5J’ :S\\^[O\ K[O MVY\OVb \ZKMON [KXNYWVb Y[SOX]K]ONZVKXK[ \WYY]R’">YXNYX 7VKb :Y[WK]SYX#
9aZVY[K]Y[b RYVO MYWZVO]O K] *.’-. W’
EROO] - YP -
1HZL?PWL
58=0;
B0,*&%
&%$&’$’%&)(#*’T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’%/%-
*(..&’#*+ 4" &-%*’,#(* = =H[PVUHS 6YPK&’$&’$’%&)
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
41*
%#%% &#’% 8? &%$&’$’%&) &%$&’$’%&) 30$92 92@ =0 =0 7HUK BVVSZ&#’% &*#%% 2? &%$&’$’%&) &’$&’$’%&) 30$92 92@ =0 =0 3HUKV ’%%%
+#%% %& A? &#%% +#%%
(#-% )#(% &+&* %%(% 3YPSS [OYV\NO [‘YL-#,% .#%% %.&* %%(% 2OPZLSSPUN.#,% &’#%% &&(% %&)* 2OPZLSSPUN
%& %#%% &#%% *% ?SHPU%& &#%% +#%% *% ASV[[LK
%#%% %#*% 2VUJYL[L%#*% &#%% 1LU[VUP[L&#%% +#%% 6YH]LS IHJRMPSS+#%% &*#%% 1LU[VUP[L
&%$&’$’%&) &*&* (#%% ’#.* * (#%% =@&%$&’$’%&) &*&* (#%% ’#-* &% (#%% =@&%$&’$’%&) &*&* (#%% ’#+* &* (#%% =@&%$&’$’%&) &*&* (#%% ’#)- ’% (#%% =@
&*% &*#%% &*% &’#%%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
*)(*+(+)*-,’.+W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+)3*)
.,22*+’./ 9% *1).+0’,. A AK]SYXKV ;[SN*+(*+(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
96.
*)(*+(+)*- )0,) )’.) & AD E]K[] YP <YVO*)(*+(+)*- *1)) -’.) -’.) ,’/) 9XN YP ERSP]**(*+(+)*- )0,) -’.) -’.) +’)) E]K[] YP ERSP]**(*+(+)*- *1)) 1’0) 1’0) +’.) 9XN YP ERSP]*+(*+(+)*- )0,) 1’.) 1’.) +’)) E]K[] YP ERSP]*+(*+(+)*- *1)) *.’)) *+’)) *-’1) 9XN YP <YVO
*’.) ECF A41 "*%+%*%+%+%,# 5D10 /) *’.) 8DJ,’)) ECF A4, "*%*%*%)%*%*# 5D10 /) ,’)) +’,)-’.) ECF"7# A40 "+%,%,%+%*%*# 5D10 /) -’.) *’1)/’)) ECF A4+ "+%*%*%)%)%*# 5D10 /) /’)) .’*)1’.) ECF"7# .)(21WW "+.%,+%*1# 5D10 /) 1’.) ,’,)
*,’.) ECF A4+. ",%-%.%/%0%0# 5D10 /) *+’)) 8DJ
9P]N\T[^TZY ZQ F^\L^L ?PRPYO 9P[^S?P‘PW9L^_X FLX[WTYR
9P^LTW]>Y FT^_ GP]^ >Y]^LWW&
L^TZY
ABG:F3 6WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’FPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
=ZWP >9’
9P^LTW]
7WZa 8Z_Y^ 6YO
C\ZUPN^ AZ’
G8E F8E ED9
:X[WZcP\:YRTYPP\
8ZZ\OTYL^P]<\Z_YO ?P‘PW
:b[WZ\L^Z\c =ZWP ?ZRC\ZUPN^ ALXP
=ZWP Gc[P >YNWTYL^TZY
;Z\X AZ’ F>:JC=B?:?B< >]]_P’EP‘T]TZY AZ’ *’)/ >]]_P 9L^P +)()2(+)*, CL\^ ZQ ^SP 7LNSc FZWP^LYNSP <\Z_[
FLX[WP EPNZ‘P\c
;Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
9TL’"GSTNVYP]]#
;>A6?
>C$8C
G60.*)
,’.+X B9
FTW‘P\^ZaY G_YYPW
6^VTY] ?^O6^VTY] ?^O
?ZR C\TY^ 9L^P 6YO GTXP3 *1()/(+)*. *.3+)3*1
.,22*+’./ :% *1).+0’,. A AL^TZYLW <\TOIP\^TNLW
?ZR NSPNVPO Mc3 F; ),()/(+)*.
:7.
/’))
1’.)
2’0)
"*’0)#
"+’.)#
"*’+)#
&+’-1
&-’21
&/’*1
:F +,
:F +-
:F +.9 +/
9 +07 +1:F +2
7 ,)
C;
9 ,*7 ,+
7 ,,
9 ,-7 ,.:F ,/
:F ,0
.’))
.’.)
/’))/’))&/’-.
0’))0’))0’))
0’.)&1’))
0’1)&1’.)
1’))1’))&1’.)
1’.)&2’))
2’))2’))2’))
2’0)
*)) )! EPNZ‘P\c
FCG A5+/’))
FCG"8# .)(21XX1’.)
/’-.
1’/,
@69: <EBHA93 9L\V R\Pc ‘P\c ]LYOc ]WTRS^Wc ]TW^c ]_MLYR_WL\ ^Z ]_M\Z_YOPOQTYP ^Z NZL\]P R\L‘PW ]TdPO Q\LRXPY^] ZQ QWTY^’ FLYO ]TdPO Q\LRXPY^] L\PQTYP’"@LOP <\Z_YO#
@69: <EBHA93 9L\V R\Pc ]TW^c NWLcPc ]_MLYR_WL\ ^Z ]_M\Z_YOPO QTYP ^ZNZL\]P R\L‘PW ]TdPO Q\LRXPY^] ZQ NZYN\P^P’"@LOP <\Z_YO#
IP\c OPY]P OL\V R\Pc ]TW^c ]LYOc ]_MLYR_WL\ ^Z ]_M\Z_YOPO QTYP ^Z NZL\]P<E6I:? ZQ QWTY^’ FLYO T] QTYP ^Z NZL\]P’"ET‘P\ GP\\LNP 9P[Z]T^]#
FZQ^ OL\V R\Pc ]WTRS^Wc ]LYOc ]WTRS^Wc R\L‘PWWc ]TW^c 8?6K’ <\L‘PW T]]_MLYR_WL\ ^Z ]_M\Z_YOPO QTYP ^Z XPOT_X ZQ QWTY^’ FLYO T] QTYP’"?ZYOZY 8WLc ;Z\XL^TZY#
FSPP^ + ZQ ,
9P]N\T[^TZY ZQ F^\L^L ?PRPYO 9P[^S?P‘PW9L^_X FLX[WTYR
9P^LTW]>Y FT^_ GP]^ >Y]^LWW&
L^TZY
ABG:F3 6WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’FPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
=ZWP >9’
9P^LTW]
7WZa 8Z_Y^ 6YO
C\ZUPN^ AZ’
G8E F8E ED9
:X[WZcP\:YRTYPP\
8ZZ\OTYL^P]<\Z_YO ?P‘PW
:b[WZ\L^Z\c =ZWP ?ZRC\ZUPN^ ALXP
=ZWP Gc[P >YNWTYL^TZY
;Z\X AZ’ F>:JC=B?:?B< >]]_P’EP‘T]TZY AZ’ *’)/ >]]_P 9L^P +)()2(+)*, CL\^ ZQ ^SP 7LNSc FZWP^LYNSP <\Z_[
FLX[WP EPNZ‘P\c
;Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
9TL’"GSTNVYP]]#
;>A6?
>C$8C
G60.*)
,’.+X B9
FTW‘P\^ZaY G_YYPW
6^VTY] ?^O6^VTY] ?^O
?ZR C\TY^ 9L^P 6YO GTXP3 *1()/(+)*. *.3+)3*2
.,22*+’./ :% *1).+0’,. A AL^TZYLW <\TOIP\^TNLW
?ZR NSPNVPO Mc3 F; ),()/(+)*.
:7.
*+’))
"+’,)#
",’))#
&1’-1
9 ,17 ,2
9 -)
9 -*
9 -+:F -,HG --
9 -.
9 -/7 -0
9 -1
9 -27 .)
*)’))*)’))
*)’.)
**’.)
*+’))*+’))*+’))&*+’-.
*+’.)
*,’))*,’))
*,’.)&*,’2.
*-’))*-’))
*)) -, 7WZa]% *))! EPNZ‘P\c
FCG A5+.*,’.)
*,’2.
FZQ^ OL\V R\Pc ]WTRS^Wc ]LYOc ]WTRS^Wc R\L‘PWWc ]TW^c 8?6K’ <\L‘PW T]]_MLYR_WL\ ^Z ]_M\Z_YOPO QTYP ^Z XPOT_X ZQ QWTY^’ FLYO T] QTYP’"?ZYOZY 8WLc ;Z\XL^TZY#
IP\c ]^TQQ QT]]_\PO ^STYWc WLXTYL^PO OL\V R\Pc ]WTRS^Wc ]LYOc ]TW^c 8?6KaT^S LM_YOLY^ QTYP ^Z XPOT_X ]LYO ]TdPO ]PWPYT^P N\c]^LW]’ ;T]]_\P] L\PNWZ]PWc ][LNPO \LYOZXWc Z\TPY^L^PO’ FLYO T] QTYP’"?ZYOZY 8WLc ;Z\XL^TZY#
:b[WZ\L^Z\c SZWP NZX[WP^P L^ *.’)) X’
FSPP^ , ZQ ,
1GYK>OVK
58<0:
A0,*&%
&)$&&$’%&)(#,&S =3
@OR\KXZU]T A[TTKR
0ZQOTY :ZJ0ZQOTY :ZJ
:UM >XOTZ 3GZK 0TJ AOSK/ &-$%+$’%&* &*/’%/’,
*(.-((#.. 4" &-%+’-#%( < <GZOUTGR 6XOJ&-$&&$’%&)
:UM INKIQKJ H_/ @5 %($%+$’%&*
CKXZOIGR
41+
%#%% &#’% 8> &)$&&$’%&) &)$&&$’%&) 30$31 87 <0 <0 1XKGQKX$7GTJ AUURY&#’% &*#%% 2> &,$&&$’%&) &-$&&$’%&) 30$31 87 <0 <0 3GTJU ’%%%
,#%% ,#’% &+(% %%)* 2UHHRK YZ[IQ OT IGYOTM
%#%% %#*% 2UTIXKZK%#*% &*#%% 1KTZUTOZK
&,$&&$’%&) &%)* (#%% ’#.* * (#%% (#’%&,$&&$’%&) &%)* (#%% ’#.) &% (#%% (#’%&,$&&$’%&) &%)* (#%% ’#.) &* (#%% (#’%&,$&&$’%&) &%)* (#%% ’#.( ’% (#%% (#’%&,$&&$’%&) &)’% +#-% )#’% * )#’% <?&,$&&$’%&) &)’% +#-% )#&% &% )#’% <?&,$&&$’%&) &)’% +#-% )#&% &* )#’% <?&,$&&$’%&) &)’% +#-% )#&% ’% )#’% <?
’*%&*%
)#%%&*#%%
’*%&*%
)#%%&&#*%
>8>4 2=<@A?B2A8=<83
NNSSYY
1OZ2UXK 2UXK
1GXXKR @[VVUXZ:UMMKJ 1_
3OG#UL VOVK
!
?KSGXQY;GZKXOGRYKIZOUT
1GYK ULYKIZOUT
AUV UL102958:: 34A08:@
3[XGZOUTNNSS
@ZGXZ ZOSK
5R[YNIURU[X
ZGQKTLRU]
5UX JKZGORY UL GHHXK\OGZOUTY" YKK QK_
AUV 1GYKA_VK UL
VOVK3OYZGTIK
8<@A0::0A8=< 34A08:@
LXUS 6#:#83
>XUPKIZ <U#
>XUPKIZ <GSK
4SVRU_KX4TMOTKKX
2UUXJOTGZKY6XU[TJ :K\KR8TIROTGZOUT3GZK @ZGXZKJ 3GZK 2USVRKZKJ
7URK 83#4^VRUXGZUX_ 7URK :UM
201:4 >4?2B@@8=< 34A08:@
7=:4 380;4A4? $ 20@8<6
D0A4? @A?894@
?=A0?F 5:B@7 34A08:@
7GXJ @ZXGZG 3KVZNLXUS ZU
NNSS
7URKJOGSKZKX
3KVZN ULNURK
2GYOTMJOGSKZKX
3KVZN ULIGYOTM
3GZK AOSK @ZXOQK GZJKVZN JKVZN
?OYK ZU AOSKZU XOYK
2GYOTM JKVZNGZ YZXOQK
ZOSKZU YKGR
7KGJKX >GMK &
<=A4@/ 0RR JKVZNY OT SKZXKY"DGZKX YZXOQK XOYK ZOSK OT SOT[ZKY"
5XUSJKVZN
AUJKVZN
5R[YNZ_VK
5R[YNXKZ[XT
?KSGXQY2NOYKRROTM
5UXS <U# @84E>7=:473? >& 8YY[K#?K\OYOUT <U# &#%+ 8YY[K 3GZK %,$&%$’%&(
4W[OVSKTZAUV 1GYK A_VK 3GZK @ZGXZKJ 3GZK 4TJKJ 2XK] @KIZOUT @NUXOTM $ ?KSGXQY
GRR JOGSKZKXY OT SORROSKZXKY#NGXJ YZXGZG ZOSK OT NNSS
AUV 1GYK 3OGSKZKX AOSK ?KIU\KX_!
3F<0;82 @0;>:8<6
>GXZ UL ZNK 1GIN_ @URKZGTINK MXU[V
A_VK ?KYVUTYK ‘UTKAUV
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
*-(**(+)*-,’0*W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+)3,)
.,21,,’22 9% *1)/+1’), A AK]SYXKV ;[SN*1(**(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
96/
,’+) -’+) 6OX]YXS]O \OKV’
*-(**(+)*- )0,) )’)) & 8DJ E]K[] YP <YVO*-(**(+)*- *1)) *’+) & 8DJ 9XN YP ERSP]*0(**(+)*- )0,) *’+) & 8DJ E]K[] YP ERSP]*0(**(+)*- *1)) 1’)) 0’)) -’,) 9XN YP ERSP]*1(**(+)*- )0,) 1’)) 0’.) -’)) E]K[] YP ERSP]*1(**(+)*- *1)) *.’)) **’.) *,’)) 9XN YP <YVO
*’.) ECF A4+, "+%.%.%/%/%/# 5D10 /) *’.) 8DJ,’)) ECF A4. "+%*%*%*%*%+# 5D10 /) ,’)) 8DJ.’.) ECF A4+ ")%)%*%)%)%*# 5D10 /) -’+) 8DJ0’.) ECF"7# A4*- "+%+%,%-%-%,# 5D10 /) 0’.) .’*)2’)) ECF"7# A4,, "-%2%2%0%1%2# 5D10 /) 2’)) .’))
*)’.) ECF"7# A4+) "-%.%.%-%.%/# 5D10 /) *)’)) -’.)*,’)) ECF A4+/ ",%,%.%/%0%1# 5D10 /) **’.) **’.)
9P^N]T[_TZY ZQ F_]L_L ?PRPYO 9P[_S?PaPW9L_‘X FLX[WTYR
9P_LTW^>Y FT_‘ GP^_ >Y^_LWW&
L_TZY
ABG:F3 6WW OP[_S^ TY XP_]P^% LWW OTLXP_P]^ TY XTWWTXP_]P^’FPP SPLOP] ^SPP_ QZ] OP_LTW^ ZQ MZ]TYR%
=ZWP >9’
9P_LTW^
7WZb 8Z‘Y_ 6YO
C]ZUPN_ AZ’
G8E F8E ED9
:X[WZdP]:YRTYPP]
8ZZ]OTYL_P^<]Z‘YO ?PaPW
:c[WZ]L_Z]d =ZWP ?ZRC]ZUPN_ ALXP
=ZWP Gd[P >YNWTYL_TZY
;Z]X AZ’ F>:JC=B?:?B< >^^‘P’EPaT^TZY AZ’ *’)/ >^^‘P 9L_P +)()2(+)*, CL]_ ZQ _SP 7LNSd FZWP_LYNSP <]Z‘[
FLX[WP EPNZaP]d
;Z] OP_LTW^ ZQ LMM]PaTL_TZY^% ^PP VPd[]ZR]P^^ LYO bL_P]’
9TL’"GSTNVYP^^#
;>A6?
>C$8C
G60.*)
,’0*X B9
FTWaP]_ZbY G‘YYPW
6_VTY^ ?_O6_VTY^ ?_O
?ZR C]TY_ 9L_P 6YO GTXP3 *1()/(+)*. *.3+)3,0
.,21,,’22 :% *1)/+1’), A AL_TZYLW <]TOIP]_TNLW
?ZR NSPNVPO Md3 F; ),()/(+)*.
:7/
**’+)
",’1)#
&0’-2
:F ,,
7 ,-
9 ,.
:F ,/
H ,0
9 ,1
9 ,2
9 -)7 -*
9 -+
H -,
*)’))
*)’.)&**’))
**’+)
**’,)
**’.)&**’2.
*+’))
*+’.)
*,’))&*,’-.*,’))&*,’.)
*-’))
*-’.)&*-’2.
*))
*))
-, 7WZb^% *))! EPNZaP]d
0+ 7WZb^% *))! EPNZaP]d
FCG"8# A5+)*)’.)
FCG A5+/*,’))
*)’2.
*,’-.
9PY^P R]PdT^S M]ZbY QTYP _Z NZL]^P F6A9 LYO ^‘MLYR‘WL] _Z ]Z‘YOPO QTYP _ZNZL]^P <E6I:? ZQ M]ZbY% MWLNV% ]PO LYO bST_P QWTY_’"ETaP] GP]]LNP 9P[Z^T_^#
F_TQQ QT^^‘]PO M]ZbYT^S R]Pd ^WTRS_Wd ^LYOd 8?6K’ ;T^^‘]P^ L]P Pc_]PXPWdNWZ^PWd ^[LNPO ]LYOZXWd Z]TPY_L_PO [WLYL] ]Z‘RS LYO ^XZZ_S’ ;]P\‘PY_O‘^_TYR^ ZQ QTYP ^LYO ^TePO ^PWPYT_P N]d^_LW^’ BNNL^TZYLW QTYP _Z XPOT‘XR]LaPW ^TePO [ZNVP_^ LYO _STY [L]_TYR^ ZQ R]Pd ^TW_d QTYP ^LYO’ BNNL^TZYLW4+XX c +)XX M‘]]Zb^ TYQTWWPO bT_S R]Pd ^TW_’"?ZYOZY 8WLd ;Z]XL_TZY#
L_ *,’))X ^LYOd NWLd’ 7TZ_‘]ML_PO bT_S ZNNL^TZYLW QTYP ^LYO _Z QTYPR]LaPW ^TePO Q]LRXPY_^ ZQ bST_P ^SPWW
MPWZb *-’))X bT_S ZNNL^TZYLW TYOT^_TYN_ [ZNVP_^ LYO _STY [L]_TYR^ZQ OL]V R]Pd ^TW_d QTYP ^LYO
:c[WZ]L_Z]d SZWP NZX[WP_P L_ *.’)) X’
FSPP_ , ZQ ,
1GYK>OVK
58<0:
A0,*&%
&-$&’$’%&)’#’)S =3
@OR\KXZU]T A[TTKR
0ZQOTY :ZJ0ZQOTY :ZJ
:UM >XOTZ 3GZK 0TJ AOSK/ &-$%+$’%&* &*/’%/)+
*(.-’’#+. 4" &-%,%,#+% < <GZOUTGR 6XOJ&-$&’$’%&)
:UM INKIQKJ H_/ @5 %($%+$’%&*
CKXZOIGR
41,
%#%% &#’% 8> &-$&’$’%&) &-$&’$’%&) 22$42 ;6 <0 <0 7GTJ AUURY&#’% ’#+% 2> &-$&’$’%&) &-$&’$’%&) 22$42 ;6 <0 <0 3GTJU (%%%
’#+% ’#+% &’’% %%(% 2NOYKRROTM’#+% ’#+% &(&% %%(* 2NOYKRROTM
%#%% %#%* 1OZ[SOTU[Y SGZKXOGR%#%* %#*% 2UTIXKZK%#*% ’#+% 1KTZUTOZK
>8>4 2=<@A?B2A8=<83
NNSSYY
1OZ2UXK 2UXK
1GXXKR @[VVUXZ:UMMKJ 1_
3OG#UL VOVK
!
?KSGXQY;GZKXOGRYKIZOUT
1GYK ULYKIZOUT
AUV UL102958:: 34A08:@
3[XGZOUTNNSS
@ZGXZ ZOSK
5R[YNIURU[X
ZGQKTLRU]
5UX JKZGORY UL GHHXK\OGZOUTY" YKK QK_
AUV 1GYKA_VK UL
VOVK3OYZGTIK
8<@A0::0A8=< 34A08:@
LXUS 6#:#83
>XUPKIZ <U#
>XUPKIZ <GSK
4SVRU_KX4TMOTKKX
2UUXJOTGZKY6XU[TJ :K\KR8TIROTGZOUT3GZK @ZGXZKJ 3GZK 2USVRKZKJ
7URK 83#4^VRUXGZUX_ 7URK :UM
201:4 >4?2B@@8=< 34A08:@
7=:4 380;4A4? $ 20@8<6
D0A4? @A?894@
?=A0?F 5:B@7 34A08:@
7GXJ @ZXGZG 3KVZNLXUS ZU
NNSS
7URKJOGSKZKX
3KVZN ULNURK
2GYOTMJOGSKZKX
3KVZN ULIGYOTM
3GZK AOSK @ZXOQK GZJKVZN JKVZN
?OYK ZU AOSKZU XOYK
2GYOTM JKVZNGZ YZXOQK
ZOSKZU YKGR
7KGJKX >GMK &
<=A4@/ 0RR JKVZNY OT SKZXKY"DGZKX YZXOQK XOYK ZOSK OT SOT[ZKY"
5XUSJKVZN
AUJKVZN
5R[YNZ_VK
5R[YNXKZ[XT
?KSGXQY2NOYKRROTM
5UXS <U# @84E>7=:473? >& 8YY[K#?K\OYOUT <U# &#%+ 8YY[K 3GZK %,$&%$’%&(
4W[OVSKTZAUV 1GYK A_VK 3GZK @ZGXZKJ 3GZK 4TJKJ 2XK] @KIZOUT @NUXOTM $ ?KSGXQY
GRR JOGSKZKXY OT SORROSKZXKY#NGXJ YZXGZG ZOSK OT NNSS
AUV 1GYK 3OGSKZKX AOSK ?KIU\KX_!
3F<0;82 @0;>:8<6
>GXZ UL ZNK 1GIN_ @URKZGTINK MXU[V
A_VK ?KYVUTYK ‘UTKAUV
KLWZO!
@XVQLJZ >V%
@XVQLJZ >HTL
6TWSV_LX6UNPULLX
4VVXKPUHZLY8XV[UK <L\LS:UJSPUHZPVU5HZL BZHXZLK 5HZL 4VTWSLZLK
9VSL :5%6^WSVXHZVX_ 9VSL <VN
B@C 56C2:<B@A?8A6BBALTHXRY5HZL CPTL 9VSL
KLWZO KLWZO4HYPUN EHZLX
KLWZO5LWZO C_WL :UJXLTLUZHS ISV] JV[UZ &
9LHKLX @HNL )
>?C6B1 2SS KLWZOY PU TLZXLY#
" BLHZPUN ISV]Y VUS_%
4HYPUN EHZLXKLWZO
7VXT >V% B:6F@9?<695A @) :YY[L%AL\PYPVU >V% (%’- :YY[L 5HZL ()&’*&)’(+
HSS KPHTLZLXY PU TPSSPTLZXLY%
6ULXN_XHZPVWLULZXHZPVU PU TT
9HTTLX>V%
@HXZ VM ZOL 3HJO_ BVSLZHUJOL NXV[W
86>6A2< >?C6B
56@C9 A6<2C65 A6=2A;BCVW
5LWZO3HYL
5LWZOALTHXRY
7:>2<
3VXLOVSL HIHUKVULK HMZLX LUJV[UZLXPUN OHXK VIYZX[JZPVU HZ )%-’T%(%
C2.,(’
(/&()&)’(+)%)+T ?5
BPS\LXZV]U C[UULS
2ZRPUY <ZK2ZRPUY <ZK
<VN @XPUZ 5HZL 2UK CPTL1 (/&’-&)’(, (,1)’1+0
,*0/))%-0 6# (/’.’.%-’ > >HZPVUHS 8XPK(/&()&)’(+
<VN JOLJRLK I_1 B7 ’*&’-&)’(,
DLXZPJHS
63.
(/&()&)’(+ ’.*’ ’%’’ $ >A BZHXZ VM 9VSL(/&()&)’(+ (/’’ )%-’ )%-’ 5AG 6UK VM 9VSL
6MZKYQX[QWV WN C[YI[I <MOMVL 6MX[P<M]MT6I[\U CIUXTQVO
6M[IQTZ;V CQ[\ DMZ[ ;VZ[ITT%
I[QWV
>?D7C2 3TT LMX[PZ QV UM[YMZ$ ITT LQIUM[MYZ QV UQTTQUM[YMZ&CMM PMILMY ZPMM[ NWY LM[IQTZ WN JWYQVO$
:WTM ;6&
6M[IQTZ
4TW^ 5W\V[ 3VL
@YWRMK[ >W&
D5B C5B BA6
7UXTW‘MY7VOQVMMY
5WWYLQVI[MZ9YW\VL <M]MT
7_XTWYI[WY‘ :WTM <WO@YWRMK[ >IUM
:WTM D‘XM ;VKTQVI[QWV
8WYU >W& C;7H@:?<7<?9 ;ZZ\M&BM]QZQWV >W& )&(. ;ZZ\M 6I[M *(’(1’*()+ @IY[ WN [PM 4IKP‘ CWTM[IVKPM 9YW\X
CIUXTM BMKW]MY‘
8WY LM[IQTZ WN IJJYM]QI[QWVZ$ ZMM SM‘XYWOYMZZ IVL ^I[MY&
6QI&!DPQKSVMZZ"
8;>3<
;@#5@
D3/-)(
*&*,U ?6
CQT]MY[W^V D\VVMT
3[SQVZ <[L3[SQVZ <[L
<WO @YQV[ 6I[M 3VL DQUM2 )0’(.’*()- )-2*(2-*
-+10**&.1 7$ )0(/(/&.( > >I[QWVIT 9YQLFMY[QKIT
<WO KPMKSML J‘2 C8 (+’(.’*()-
74/
(&(-
(&,(
*&.(
!(&+-"
!*&*("
*&)1
)&0,
%(&+.
4 )7C .
4 *7G /
4 +7C 0
4 ,7C 1
7C )(4 -
(&+((&+(
(&-((&-(
)&(()&((
*&((*&((
*&.(*&.(
=367 9B?E>62 DIYUIKILIU&!:IYLZ[IVLQVO"
=367 9B?E>62 6IYS JYW^VQZP OYM‘ ZIVL‘ KTI‘M‘ Z\JIVO\TIY [W Z\JYW\VLML NQVM[W KWIYZM OYI]MT ZQaM NYIOUMV[Z WN KWVKYM[M$ JYQKS IVL NTQV[&!=ILM 9YW\VL"
=367 9B?E>62 9YM‘ ZIVL‘ OYI]MTT‘ KTI‘& 9YI]MT ZQaML NYIOUMV[Z IYMZ\JIVO\TIY [W Z\JYW\VLML NQVM [W KWIYZM WN JYQKS$ KWVKYM[M IVL NTQV[&!=ILM 9YW\VL"
I[ )&)(U KWVKYM[M JTWKS (&(-U [PQKSVMZZ
7_XTWYI[WY‘ PWTM KWUXTM[M I[ *&.( U&
CPMM[ ) WN )
0GYK>OVK
47</:
A/+)&%
’’$%&$’%&)’#**S =2
@OR\KXZU]T A[TTKR
/ZQOTY :ZJ/ZQOTY :ZJ
:UM >XOTZ 2GZK /TJ AOSK. &,$%*$’%&) &).’%.))
)(-&-’#’+ 3" &+-(’,#&, < <GZOUTGR 5XOJ’’$%&$’%&)
:UM INKIQKJ H_. @4 %($%*$’%&)
CKXZOIGR
5&
%#%% &#’% 7> ’’$%&$’%&) ’’$%&$’%&) 2/$?/ 8? </ </ 6GTJ AUURY&#’% ’#-% 1> ’’$%&$’%&) ’’$%&$’%&) 2/$?/ 8? </ </ 2GTJU (%%%
%#%% %#)% 1UTIXKZK%#)% ’#-% 0KTZUTOZK
’%% ’#-% ’%% ’#-%
>7>3 1=<@A?B1A7=<72
NNSSYY
0OZ1UXK 1UXK
0GXXKR @[VVUXZ:UMMKJ 0_
2OG#UL VOVK
!
?KSGXQY;GZKXOGRYKIZOUT
0GYK ULYKIZOUT
AUV UL0/1947:: 23A/7:@
2[XGZOUTNNSS
@ZGXZ ZOSK
4R[YNIURU[X
ZGQKTLRU]
4UX JKZGORY UL GHHXK\OGZOUTY" YKK QK_
AUV 0GYKA_VK UL
VOVK2OYZGTIK
7<@A/::/A7=< 23A/7:@
LXUS 5#:#72
>XUPKIZ <U#
>XUPKIZ <GSK
3SVRU_KX3TMOTKKX
1UUXJOTGZKY5XU[TJ :K\KR7TIROTGZOUT2GZK @ZGXZKJ 2GZK 1USVRKZKJ
6URK 72#3^VRUXGZUX_ 6URK :UM
1/0:3 >3?1B@@7=< 23A/7:@
6=:3 27/;3A3? $ 1/@7<5
D/A3? @A?793@
?=A/?F 4:B@6 23A/7:@
6GXJ @ZXGZG 2KVZNLXUS ZU
NNSS
6URKJOGSKZKX
2KVZN ULNURK
1GYOTMJOGSKZKX
2KVZN ULIGYOTM
2GZK AOSK @ZXOQK GZJKVZN JKVZN
?OYK ZU AOSKZU XOYK
1GYOTM JKVZNGZ YZXOQK
ZOSKZU YKGR
6KGJKX >GMK &
<=A3@. /RR JKVZNY OT SKZXKY"DGZKX YZXOQK XOYK ZOSK OT SOT[ZKY"
4XUSJKVZN
AUJKVZN
4R[YNZ_VK
4R[YNXKZ[XT
?KSGXQY1NOYKRROTM
4UXS <U# @73E>6=:362? >& 7YY[K#?K\OYOUT <U# &#%* 7YY[K 2GZK %+$&%$’%&(
3W[OVSKTZAUV 0GYK A_VK 2GZK @ZGXZKJ 2GZK 3TJKJ 1XK] @KIZOUT @NUXOTM $ ?KSGXQY
GRR JOGSKZKXY OT SORROSKZXKY#NGXJ YZXGZG ZOSK OT NNSS
AUV 0GYK 2OGSKZKX AOSK ?KIU\KX_!
2F</;71 @/;>:7<5
>GXZ UL ZNK 0GIN_ @URKZGTINK MXU[V
A_VK ?KYVUTYK ‘UTKAUV
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
6Y[ORYVO ]O[WSXK]ON K] +’2)W N^O ]Y MYXM[O]O YL\][^M]SYX’ @Y_ON ]Y;*5’
*’
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
++()*(+)*.+’//W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+)3.1
.,2*2+’+0 9% *02,+1’*1 A AK]SYXKV ;[SN++()*(+)*.
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;*
++()*(+)*. )0,) )’)) & AD E]K[] YP <YVO++()*(+)*. *+)) +’2) +’2) 8DJ 9XN YP <YVO
+’1) ECF A4/ "*%*%*%*%+%+# 5D.,1 0. +’/) 8DJ
8O\M[SZ]SYX YP E][K]K >OQOXN 8OZ]R>O_OV8K]^W EKWZVSXQ
8O]KSV\=X ES]^ FO\] =X\]KVV&
K]SYX
@AF9E3 5VV NOZ]R\ SX WO][O\% KVV NSKWO]O[\ SX WSVVSWO][O\’EOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ%
<YVO =8’
8O]KSV\
6VY‘ 7Y^X] 5XN
B[YTOM] @Y’
F7D E7D DC8
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN >O_OV
9aZVY[K]Y[b <YVO >YQB[YTOM] @KWO
<YVO FbZO =XMVSXK]SYX
:Y[W @Y’ E=9JB<A>9>A; =\\^O’DO_S\SYX @Y’ *’)/ =\\^O 8K]O +)()2(+)*, BK[] YP ]RO 6KMRb EYVO]KXMRO ;[Y^Z
EKWZVO DOMY_O[b
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UObZ[YQ[O\\ KXN ‘K]O[’
8SK’"FRSMUXO\\#
:=@5>
=B$7B
F50.*)
+’//W A8
ESV_O[]Y‘X F^XXOV
5]USX\ >]N5]USX\ >]N
>YQ B[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+*3))
.,2*2+’+0 9% *02,+1’*1 @ @K]SYXKV ;[SNHO[]SMKV
>YQ MROMUON Lb3 E: ),()/(+)*.
;*
)’0)
+’2)
")’0)#
"+’+)#
*’2/
&)’+-
6 *8 +
9E ,8 -6 .
8 /6 0
9E 1
GF 2
8 *)6 **
9E *+
8 *,
8 *-
)’))&)’,.)’*)
)’,))’,.)’,.&)’0)
)’0))’0)&*’+)
*’))
*’+)&*’/.
*’/.*’0)&+’+)
+’))
+’.)
+’1)&,’+.
*)) *1 6VY‘\% /0! DOMY_O[b
EBF @4/+’1)
,’+.
?589 ;DAG@83 8K[U L[Y‘X MVKbOb \KXNb Q[K_OV’ ;[K_OV \ScON P[KQWOX]\ K[OKXQ^VK[ ]Y \^LKXQ^VK[ PSXO ]Y MYK[\O YP L[SMU% Q[KXS]O% MYXM[O]O KXNPVSX]’ EKXN \ScON P[KQWOX]\ K[O PSXO ]Y MYK[\O’ IS]R VY‘ MYLLVO MYX]OX]’7YLLVO\ K[O \^LKXQ^VK[ YP MYXM[O]O’"?KNO ;[Y^XN#
?589 ;DAG@83 8K[U Q[Ob \KXNb Q[K_OVVb MVKb’ ;[K_OV \ScON P[KQWOX]\ K[O\^LKXQ^VK[ ]Y \^L[Y^XNON PSXO ]Y MYK[\O YP L[SMU% MYXM[O]O KXN Q[KXS]O’EKXN \ScON P[KQWOX]\ K[O PSXO ]Y MYK[\O’"?KNO ;[Y^XN#
9aZVY[K]Y[b RYVO MYWZVO]O K] +’2) W’
EROO] * YP *
0GYK>OVK
47</:
A/+)&%
’’$%&$’%&)’#+*S =2
@OR\KXZU]T A[TTKR
/ZQOTY :ZJ/ZQOTY :ZJ
:UM >XOTZ 2GZK /TJ AOSK. &,$%*$’%&) &).’&.%(
)(-&,)#,% 3" &+-(’-#** < <GZOUTGR 5XOJ’’$%&$’%&)
:UM INKIQKJ H_. @4 %($%*$’%&)
CKXZOIGR
5&/
%#%% &#’% 7> ’’$%&$’%&) ’’$%&$’%&) 2/$?/ 8? </ </ 6GTJ AUURY&#’% ’#+% 1> ’’$%&$’%&) ’’$%&$’%&) 2/$?/ 8? </ </ 2GTJU (%%%
%#%% %#)% 1UTIXKZK%#)% ’#+% 0KTZUTOZK
’%% ’#+% ’%% ’#+%
>7>3 1=<@A?B1A7=<72
NNSSYY
0OZ1UXK 1UXK
0GXXKR @[VVUXZ:UMMKJ 0_
2OG#UL VOVK
!
?KSGXQY;GZKXOGRYKIZOUT
0GYK ULYKIZOUT
AUV UL0/1947:: 23A/7:@
2[XGZOUTNNSS
@ZGXZ ZOSK
4R[YNIURU[X
ZGQKTLRU]
4UX JKZGORY UL GHHXK\OGZOUTY" YKK QK_
AUV 0GYKA_VK UL
VOVK2OYZGTIK
7<@A/::/A7=< 23A/7:@
LXUS 5#:#72
>XUPKIZ <U#
>XUPKIZ <GSK
3SVRU_KX3TMOTKKX
1UUXJOTGZKY5XU[TJ :K\KR7TIROTGZOUT2GZK @ZGXZKJ 2GZK 1USVRKZKJ
6URK 72#3^VRUXGZUX_ 6URK :UM
1/0:3 >3?1B@@7=< 23A/7:@
6=:3 27/;3A3? $ 1/@7<5
D/A3? @A?793@
?=A/?F 4:B@6 23A/7:@
6GXJ @ZXGZG 2KVZNLXUS ZU
NNSS
6URKJOGSKZKX
2KVZN ULNURK
1GYOTMJOGSKZKX
2KVZN ULIGYOTM
2GZK AOSK @ZXOQK GZJKVZN JKVZN
?OYK ZU AOSKZU XOYK
1GYOTM JKVZNGZ YZXOQK
ZOSKZU YKGR
6KGJKX >GMK &
<=A3@. /RR JKVZNY OT SKZXKY"DGZKX YZXOQK XOYK ZOSK OT SOT[ZKY"
4XUSJKVZN
AUJKVZN
4R[YNZ_VK
4R[YNXKZ[XT
?KSGXQY1NOYKRROTM
4UXS <U# @73E>6=:362? >& 7YY[K#?K\OYOUT <U# &#%* 7YY[K 2GZK %+$&%$’%&(
3W[OVSKTZAUV 0GYK A_VK 2GZK @ZGXZKJ 2GZK 3TJKJ 1XK] @KIZOUT @NUXOTM $ ?KSGXQY
GRR JOGSKZKXY OT SORROSKZXKY#NGXJ YZXGZG ZOSK OT NNSS
AUV 0GYK 2OGSKZKX AOSK ?KIU\KX_!
2F</;71 @/;>:7<5
>GXZ UL ZNK 0GIN_ @URKZGTINK MXU[V
A_VK ?KYVUTYK ‘UTKAUV
KLWZO!
@XVQLJZ >V%
@XVQLJZ >HTL
6TWSV_LX6UNPULLX
4VVXKPUHZLY8XV[UK <L\LS:UJSPUHZPVU5HZL BZHXZLK 5HZL 4VTWSLZLK
9VSL :5%6^WSVXHZVX_ 9VSL <VN
B@C 56C2:<B@A?8A6BBALTHXRY5HZL CPTL 9VSL
KLWZO KLWZO4HYPUN EHZLX
KLWZO5LWZO C_WL :UJXLTLUZHS ISV] JV[UZ &
9LHKLX @HNL )
>?C6B1 2SS KLWZOY PU TLZXLY#
" BLHZPUN ISV]Y VUS_%
4HYPUN EHZLXKLWZO
7VXT >V% B:6F@9?<695A @) :YY[L%AL\PYPVU >V% (%’- :YY[L 5HZL ()&’*&)’(+
HSS KPHTLZLXY PU TPSSPTLZXLY%
6ULXN_XHZPVWLULZXHZPVU PU TT
9HTTLX>V%
@HXZ VM ZOL 3HJO_ BVSLZHUJOL NXV[W
86>6A2< >?C6B
56@C9 A6<2C65 A6=2A;BCVW
5LWZO3HYL
5LWZOALTHXRY
7:>2<
3VXLOVSL ZLXTPUHZLK HZ )%.’T K[L ZV JVUJXLZL VIYZX[JZPVU% =V\LK ZV8(3%
(%
C2.,(’
))&’(&)’(,)%.-T ?5
BPS\LXZV]U C[UULS
2ZRPUY <ZK2ZRPUY <ZK
<VN @XPUZ 5HZL 2UK CPTL1 (/&’-&)’(, (,1)(1’,
,*0(/,%/’ 6# (.0*)0%-- > >HZPVUHS 8XPK))&’(&)’(,
<VN JOLJRLK I_1 B7 ’*&’-&)’(,
DLXZPJHS
8(2
))&’(&)’(, ()’’ ’%’’ $ >A BZHXZ VM 9VSL))&’(&)’(, (-’’ )%.’ )%.’ 5AG 6UK VM 9VSL
5LYJXPWZPVU VM BZXHZH ;LNLUK 5LWZO;L\LS5HZ[T BHTWSPUN
5LZHPSY:U BPZ[ CLYZ :UYZHSS%
HZPVU
=>C6B1 2SS KLWZOY PU TLZXLY$ HSS KPHTLZLXY PU TPSSPTLZXLY&BLL OLHKLX YOLLZ MVX KLZHPSY VM IVXPUN$
9VSL :5&
5LZHPSY
3SV] 4V[UZ 2UK
?XVQLJZ =V&
C4A B4A A@5
6TWSV_LX6UNPULLX
4VVXKPUHZLY8XV[UK ;L\LS
6^WSVXHZVX_ 9VSL ;VN?XVQLJZ =HTL
9VSL C_WL :UJSPUHZPVU
7VXT =V& B:6G?9>;6;>8 :YY[L&AL\PYPVU =V& )&(- :YY[L 5HZL *(’(0’*()+ ?HXZ VM ZOL 3HJO_ BVSLZHUJOL 8XV[W
BHTWSL ALJV\LX_
7VX KLZHPSY VM HIIXL\PHZPVUY$ YLL RL_WXVNXLYY HUK ]HZLX&
5PH&!COPJRULYY"
7:=2;
:?#4?
C2.,)(
*&.-T >5
BPS\LXZV]U C[UULS
2ZRPUY ;ZK2ZRPUY ;ZK
;VN ?XPUZ 5HZL 2UK CPTL1 )/’(-’*(), ),1*)1(.
,+0)/,&/( 6$ ).0+*0&-- = =HZPVUHS 8XPKELXZPJHS
;VN JOLJRLK I_1 B7 (+’(-’*(),
8)2
(&.(
*&.(
!(&.("
!*&(("
*&(-
(&(-
<256 8A>D=51 5HXR IXV]U JSH_L_ YHUK_ HUN[SHX ZV Y[IHUN[SHX MPUL ZV JVHXYLNXH\LS YP‘LK MXHNTLUZY VM IXPJR$ NXHUPZL$ JVUJXLZL HUK MSPUZ& FPZO SV]JVIISL JVUZLUZ& 4VIISLY HXL Y[IHUN[SHX VM JVUJXLZL& BHUK YP‘LK MXHNTLUZYHXL MPUL ZV JVHXYL&!<HKL 8XV[UK"
<256 8A>D=51 5HXR NXL_ YHUK_ NXH\LSS_ JSH_& 8XH\LS YP‘LK MXHNTLUZY HXLY[IHUN[SHX ZV Y[IXV[UKLK MPUL ZV JVHXYL VM IXPJR$ JVUJXLZL HUK NXHUPZL&BHUK YP‘LK MXHNTLUZY HXL MPUL ZV JVHXYL&!<HKL 8XV[UK"
6^WSVXHZVX_ OVSL JVTWSLZL HZ *&.( T&
BOLLZ ) VM )
0GYK>OVK
47</:
A/+)&%
’’$%&$’%&)’#+-S =2
@OR\KXZU]T A[TTKR
/ZQOTY :ZJ/ZQOTY :ZJ
:UM >XOTZ 2GZK /TJ AOSK. &,$%*$’%&) &).’&.&&
)(-&,*#*, 3" &+-(’-#,+ < <GZOUTGR 5XOJ’+$%&$’%&)
:UM INKIQKJ H_. @4 %($%*$’%&)
CKXZOIGR
5&0
%#%% &#’% 7> ’’$%&$’%&) ’($%&$’%&) 2/$?/ 8? </ </ 6GTJ AUURY&#’% ’)#(% 1> ’($%&$’%&) ’+$%&$’%&) 2/$?/ 8? </ </ 2GTJU (%%%
(#%% %’ @> &#%% (#%%-#)% %& @>73 ,#)% &%#%%
%’ %#%% &#%% )% >RGOT%’ &#%% (#%% )% @RUZZKJ%& %#%% -#)% &- >RGOT
%#%% %#)% 1UTIXKZK%#)% &#%% 0KTZUTOZK&#%% (#%% 5XG\KR HGIQLORR(#%% ,#)% 0KTZUTOZK,#)% &%#%% @GTJ HGIQLORR
&%#%% ’)#%% 0KTZUTOZK
’%%&)%
&-#%%’)#(%
’%%&)%
&-#%%’&#%%
>7>3 1=<@A?B1A7=<72
NNSSYY
0OZ1UXK 1UXK
0GXXKR @[VVUXZ:UMMKJ 0_
2OG#UL VOVK
!
?KSGXQY;GZKXOGRYKIZOUT
0GYK ULYKIZOUT
AUV UL0/1947:: 23A/7:@
2[XGZOUTNNSS
@ZGXZ ZOSK
4R[YNIURU[X
ZGQKTLRU]
4UX JKZGORY UL GHHXK\OGZOUTY" YKK QK_
AUV 0GYKA_VK UL
VOVK2OYZGTIK
7<@A/::/A7=< 23A/7:@
LXUS 5#:#72
>XUPKIZ <U#
>XUPKIZ <GSK
3SVRU_KX3TMOTKKX
1UUXJOTGZKY5XU[TJ :K\KR7TIROTGZOUT2GZK @ZGXZKJ 2GZK 1USVRKZKJ
6URK 72#3^VRUXGZUX_ 6URK :UM
1/0:3 >3?1B@@7=< 23A/7:@
6=:3 27/;3A3? $ 1/@7<5
D/A3? @A?793@
?=A/?F 4:B@6 23A/7:@
6GXJ @ZXGZG 2KVZNLXUS ZU
NNSS
6URKJOGSKZKX
2KVZN ULNURK
1GYOTMJOGSKZKX
2KVZN ULIGYOTM
2GZK AOSK @ZXOQK GZJKVZN JKVZN
?OYK ZU AOSKZU XOYK
1GYOTM JKVZNGZ YZXOQK
ZOSKZU YKGR
6KGJKX >GMK &
<=A3@. /RR JKVZNY OT SKZXKY"DGZKX YZXOQK XOYK ZOSK OT SOT[ZKY"
4XUSJKVZN
AUJKVZN
4R[YNZ_VK
4R[YNXKZ[XT
?KSGXQY1NOYKRROTM
4UXS <U# @73E>6=:362? >& 7YY[K#?K\OYOUT <U# &#%* 7YY[K 2GZK %+$&%$’%&(
3W[OVSKTZAUV 0GYK A_VK 2GZK @ZGXZKJ 2GZK 3TJKJ 1XK] @KIZOUT @NUXOTM $ ?KSGXQY
GRR JOGSKZKXY OT SORROSKZXKY#NGXJ YZXGZG ZOSK OT NNSS
AUV 0GYK 2OGSKZKX AOSK ?KIU\KX_!
2F</;71 @/;>:7<5
>GXZ UL ZNK 0GIN_ @URKZGTINK MXU[V
A_VK ?KYVUTYK ‘UTKAUV
+*’)) *’-)+-’+) ECF .)(2)WW "**%*-(+)%,.%*.(*.# 5D.,1 0. +*’)) +’*)+.’)) ECF .)(2.WW "**%*-(+.%,)%+)(+)# 5D.,1 0. +*’)) +’*)
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
++()*(+)*.+’02W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+*3*-
.,2*1/’/1 9% *02,+2’10 A AK]SYXKV ;[SN+0()*(+)*.
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;*6
-’-) 2’)) HK]O[ KNNON ]Y K\\S\] N[SVVSXQ’*0’2) +.’)) HK]O[ KNNON ]Y K\\S\] N[SVVSXQ’*1’)) *2’)) 6OX]YXS]O \OKV’
++()*(+)*. */)) )’)) & AD E]K[] YP <YVO++()*(+)*. *1)) )’-) & 8DJ 9XN YP ERSP]+,()*(+)*. )0,) )’-) & 8DJ E]K[] YP ERSP]+,()*(+)*. *1)) 2’)) 2’)) -’2) 9XN YP ERSP]+/()*(+)*. )1)) 2’)) 2’)) -’*) E]K[] YP ERSP]+/()*(+)*. *1)) *2’)) *2’)) -’,) 9XN YP ERSP]+0()*(+)*. )0,) *2’)) *2’)) -’*) E]K[] YP ERSP]+0()*(+)*. *1)) +.’,) +*’)) +*’)) 9XN YP <YVO
*’+) ECF A4- "*%)%*%*%*%*# 5D.,1 0. AD 8DJ-’-) ECF A4*, "+%+%,%+%,%.# 5D.,1 0. ,’0) 8DJ.’2) ECF"7# A4*1 "+%+%,%-%.%/# 5D.,1 0. .’2) *’/)0’.) ECF"7# A4*2 "+%+%,%.%/%.# 5D.,1 0. 0’.) *’1)2’)) ECF"7# A4+) "*%,%.%.%-%/# 5D.,1 0. 2’)) +’*)
*+’)) ECF A4*1 "+%,%,%-%.%/# 5D.,1 0. *+’)) *)’,)*.’)) ECF A4+0 "+%,%.%/%0%2# 5D.,1 0. *+’)) **’*)*1’+) ECF .)(*+)WW ".%*.%+0%+,(-.# 5D.,1 0. AD 0’0)*2’0) ECF .)(*+)WW "*+%*,(/)%+/%+-(-.# 5D.,1 0. *2’/) *’,)+*’+) ECF .)(*).WW "*-%2(+)%+1%++(,)# 5D.,1 0. +*’)) *’0)++’0) ECF .)(2.WW "*.%*)(+.%,+%*1(+)# 5D.,1 0.
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’02X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+*3*0
.,2*1/’/1 9% *02,+2’10 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;*6
)’.)
*’+)
+’1)
,’.)
-’))
-’-)
")’.)#
")’0)#
"*’/)#
")’0)#
")’.)#
")’-)#
"*’))#
+’+2
*’.2
&)’)+
&)’0+
&*’++
&*’/+
6 *8 +
9E ,
8 -6 .9E /
9E 0
8 16 2
8 *)
9E **
6 *+
8 *,
GF *-
6 */
8 *.
9E */5
GF *0
6 *2
8 *1GF +)
8 +*
8 ++6 +,
)’))&)’.))’*)
)’,)
)’.))’.)&*’)))’.)
*’))
*’+)&*’/.*’+)&*’0)
*’.)
+’))
+’+)&+’/)
+’.)
+’/)&,’).
+’1)&,’,)
,’).
,’+)
,’,)&,’0.
,’.)&-’))
,’0.,’1)&-’+.
-’+.
-’-)&-’1.-’-)&-’2)
*))
*))
*))
*1 6WZa]% *))! DPNZ‘P\c
*. 6WZa]% *))! DPNZ‘P\c
+) 6WZa]% *))! DPNZ‘P\c
EBF @4-*’+)
EBF @4*,-’-)
*’/.
-’1.
?589 ;DAG@83 8L\V M\ZaY NWLcPc ]LYOc ]_MLYR_WL\ ^Z ]_M\Z_YOPO QTYP ^ZNZL\]P R\L‘PW ]TdPO Q\LRXPY^] ZQ M\TNV LYO NZYN\P^P’ ELYO ]TdPO Q\LRXPY^]L\P QTYP ^Z NZL\]P’"?LOP ;\Z_YO#
?589 ;DAG@83 6\ZaY ‘P\c NWLcPc ]LYOc LYR_WL\ ^Z ]_M\Z_YOPO QTYP ^Z NZL\]PR\L‘PW ]TdPO Q\LRXPY^] ZQ QWTY^’ ELYO ]TdPO Q\LRXPY^] L\P QTYP ^Z NZL\]P’"?LOP ;\Z_YO#
?589 ;DAG@83 EZQ^ M\ZaY ]LYOc ]WTRS^Wc R\L‘PWWc NWLc’ ;\L‘PW ]TdPOQ\LRXPY^] L\P LYR_WL\ ^Z ]_M\Z_YOPO QTYP ^Z NZL\]P ZQ QWTY^’ ELYO ]TdPOQ\LRXPY^] L\P QTYP ^Z NZL\]P’"?LOP ;\Z_YO#
:T\X M\ZaY XZ^^WPO R\PPY ]LYOc 7>5K’ ELYO T] QTYP ^Z XPOT_X’"5WW_‘T_X#
:T\X OL\V R\Pc NWLcPc []P_OZ QTM\Z_] B95F’"5WW_‘T_X#
?POT_X OPY]P M\ZaY R\L‘PWWc QTYP ^Z NZL\]P E5@8’ ;\L‘PW T] LYR_WL\ ^Z]_MLYR_WL\ QTYP ^Z NZL\]P ZQ M\ZaY% R\Pc% aST^P QWTY^’"DT‘P\ FP\\LNP 8P[Z]T^]#
?POT_X OPY]P OL\V R\Pc% M\ZaY% aST^P ]LYOc LYR_WL\ ^Z ]_MLYR_WL\ QTYP ^ZNZL\]P ;D5H9> ZQ QWTY^’ ELYO T] QTYP ^Z NZL\]P’"DT‘P\ FP\\LNP 8P[Z]T^]#
ESPP^ * ZQ /
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’02X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+*3+)
.,2*1/’/1 9% *02,+2’10 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;*6
*)’))
"0’2)#
&0’++ 8 ,06 ,1
9E ,2
GF -)
8 -*
8 -+
8 -,6 --
8 -.
GF -/
8 -0
*)’))*)’))&*)’.)
*)’,)
*)’.)&*)’2.
*)’2.
**’.)
*+’))&*+’-.*+’))&*+’.)
*+’.)
*,’.)&*,’2.
*,’2.
*))
*))
.) 6WZa]% *))! DPNZ‘P\c
/) 6WZa]% *))! DPNZ‘P\c
EBF @4*1*+’))
*+’-.
E^TQQ QT]]_\PO ^STYWc WLXTYL^PO OL\V R\Pc ]LYOc 7>5K’ :T]]_\P] L\P NWZ]PWc][LNPO \LYOZXWc Z\TPY^L^PO [WLYL\’ ELYO T] QTYP ^Z NZL\]P’">ZYOZY 7WLc :Z\XL^TZY#
ESPP^ , ZQ /
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’02X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+*3+*
.,2*1/’/1 9% *02,+2’10 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;*6
*0’2)
*2’))
"*’*)#
&*.’*+
&*/’++
8 -18 -26 .)
8 .*
GF .+
8 .,
8 .-
8 ..
8 ./6 .0
8 .1
6 .2
8 /)
*.’))*.’))&*.’-.*.’))&*.’.)
*/’))
*/’.)&*/’2.
*/’2.
*0’.)
*0’2)
*1’+)&*1’/)*1’+)&*1’0)
*2’))
*2’+)&*2’0)
*2’0)&+)’))
*)) 0) 6WZa]% *))! DPNZ‘P\c
EBF @4+0*.’))
EBF .)(*+)XX*1’+)
EBF .)(*+)XX*2’0)
*.’-.
*1’-0
*2’2/
E^TQQ QT]]_\PO ^STYWc WLXTYL^PO OL\V R\Pc ]LYOc 7>5K’ :T]]_\P] L\P NWZ]PWc][LNPO \LYOZXWc Z\TPY^L^PO [WLYL\’ ELYO T] QTYP ^Z NZL\]P’">ZYOZY 7WLc :Z\XL^TZY#
HP\c OPY]P OL\V M\ZaY R\L‘PWWc QTYP ^Z XPOT_X E5@8’ ;\L‘PW T] \Z_YOPO QTYP^Z NZL\]P ZQ R\Pc(M\ZaY QWTY^’"<L\aTNS :Z\XL^TZY#
HP\c OPY]P OL\V M\ZaY ]WTRS^Wc ]TW^c QTYP E5@8 aT^S \L\P +XX b +XX b *XXaST^P ]SPWW Q\LRXPY^]’"IZZWaTNS :Z\XL^TZY & >LXTYL^PO 6PO]#
ESPP^ - ZQ /
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’02X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+*3++
.,2*1/’/1 9% *02,+2’10 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;*6
"/’,)#
8 /*
6 /+
8 /,
8 /-6 /.
8 //
6 /0
8 /1
8 /2
6 0)
8 0*
8 0+6 0,
+)’))
+)’+)&+)’0)
+*’))
+*’+)&+*’.)+*’+)&+*’0)
++’))
++’+)&++’0)
++’0)&+,’))
+,’))
+,’+)&+,’0)
+-’))
+-’+)&+-’.)+-’+)&+-’0)
EBF .)(*).XX+*’+)
EBF .)(2.XX++’0)
EBF .)(2)XX+-’+)
+*’-)
++’2)
+-’,2
HP\c OPY]P OL\V M\ZaY ]WTRS^Wc ]TW^c QTYP E5@8 aT^S \L\P +XX b +XX b *XXaST^P ]SPWW Q\LRXPY^]’"IZZWaTNS :Z\XL^TZY & >LXTYL^PO 6PO]#
Q\ZX +-’+)X ^Z +-’0)X WZNLWWc NWLcPc
ESPP^ . ZQ /
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’02X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+*3+,
.,2*1/’/1 9% *02,+2’10 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;*6
+.’,) &++’.+
8 0- +.’))&+.’,) EBF .)(2.XX+.’)) +.’+)
HP\c OPY]P OL\V M\ZaY ]WTRS^Wc ]TW^c QTYP E5@8 aT^S \L\P +XX b +XX b *XXaST^P ]SPWW Q\LRXPY^]’"IZZWaTNS :Z\XL^TZY & >LXTYL^PO 6PO]#
9b[WZ\L^Z\c SZWP NZX[WP^P L^ +.’,) X’
ESPP^ / ZQ /
1HZL?PWL
58=0;
B0,*&%
’($%&$’%&*’#’)T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’&/(*
*(.&)-#&% 4" &,.(.-#,- = =H[PVUHS 6YPK’,$%&$’%&*
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6’
%#%% &#’% 8? ’($%&$’%&* ’($%&$’%&* 62$6B 92@ =0 =0 7HUK BVVSZ&#’% ’%#)* 2? ’($%&$’%&* ’,$%&$’%&* 62$6B 92@ =0 =0 3HUKV (%%%
’#’% ’#)% &%(% %%(% 2OPZLSSPUN(#’% (#(* &’%% %&%% 2OPZLSSPUN(#(* (#*% &(&% %%(% 2OPZLSSPUN
%#%% ’%#)* 1LU[VUP[L
’($%&$’%&* &((% )#*% )#’% * )#’% %#%%’($%&$’%&* &((% )#*% )#&% &% )#’% %#%%’($%&$’%&* &((% )#*% )#%% &* )#’% %#%%’($%&$’%&* &((% )#*% (#.% ’% )#’% %#%%’,$%&$’%&* &&%% ’%#%% .#*% * &%#’% %#%%’,$%&$’%&* &&%% ’%#%% -#*% &% &%#’% %#%%’,$%&$’%&* &&%% ’%#%% ,#.% &* &%#’% %#%%’,$%&$’%&* &&%% ’%#%% ,#)% ’% &%#’% %#%%
’*% ’%#%% ’*% &%#’%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
+,()*(+)*.+’+-W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+*3,1
.,2*-1’*) 9% *02,21’01 A AK]SYXKV ;[SN+0()*(+)*.
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;+
-’0) /’.) HK]O[ KNNON ]Y K\\S\] N[SVVSXQ’
+,()*(+)*. )0,) )’)) & 8DJ E]K[] YP <YVO+,()*(+)*. *1)) -’0) -’+) ,’2) 9XN YP ERSP]+/()*(+)*. )0,) -’0) -’+) ,’0) E]K[] YP ERSP]+/()*(+)*. *1)) *.’)) *)’+) *-’+) 9XN YP ERSP]+0()*(+)*. )0,) *.’)) *)’+) *)’-) E]K[] YP ERSP]+0()*(+)*. *1)) +)’-. *)’+) AD 9XN YP <YVO
*’+) ECF A4. "*%+%+%*%*%*# 5D-2, .0 *’*) AD+’+) ECF A4- "*%*%*%)%*%+# 5D-2, .0 *’0. AD,’+) ECF .)(+)WW "+.(,.%.)(+)# 5D-2, .0 ,’*) AD-’+) ECF A4*/ "*%+%,%-%,%/# 5D-2, .0 -’*) AD.’.) ECF"7# A41 "+%+%*%+%+%,# 5D-2, .0 .’.) -’.)0’)) ECF"7# A41 "*%*%+%+%+%+# 5D-2, .0 0’)) ,’0)1’.) ECF"7# A4*) "*%+%+%,%+%,# 5D-2, .0 1’.) ,’2)
*)’)) ECF A4,* "-%/%/%0%2%2# 5D-2, .0 *)’)) /’*)*,’)) ECF A4,, "-%.%/%0%2%**# 5D-2, .0 *)’+) **’.)*/’)) ECF A4,/ "/%0%0%1%*)%**# 5D-2, .0 *)’+) *,’))*2’)) ECF A4,2 ".%/%2%2%*)%**# 5D-2, .0 *)’+) *0’-)+)’)) ECF A4-- "-%-%1%*)%*+%*-# 5D-2, .0 *)’+) 0’-)
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’+-X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+*3-.
.,2*-1’*) 9% *02,21’01 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;+
"*)’*)#
9E ,*8 ,+6 ,,
8 ,-
GF ,.
8 ,/
8 ,0
8 ,16 ,2
8 -)
GF -*
*)’))*)’))&*)’-.*)’))&*)’.)
**’))
**’.)&**’2.
*+’))
*+’.)
*,’))&*,’-.*,’))&*,’.)
*-’))
*-’.)&*-’2.
*))
*))
.) 6WZa]% *))! DPNZ‘P\c
/) 6WZa]% *))! DPNZ‘P\c
EBF @4,**)’))
EBF @4,,*,’))
*)’-.
*,’-.
E^TQQ QT]]_\PO R\Pc ]TW^c ]LYOc 7>5K’ :T]]_\P] L\P NWZ]PWc ][LNPO \LYOZXWcZ\TPY^L^PO [WLYL\ ]XZZ^S’ ELYO T] QTYP’">ZYOZY 7WLc :Z\XL^TZY#
ESPP^ , ZQ .
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’+-X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+*3-/
.,2*-1’*) 9% *02,21’01 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;+
*2’1)
")’+)#
&*0’./
8 -+
8 -,
8 --6 -.
8 -/
GF -0
8 -1
8 -2
8 .)6 .*
8 .+
8 .,
*.’))
*.’.)
*/’))&*/’-.*/’))&*/’.)
*0’))
*0’.)&*0’2.
*1’))
*1’.)
*2’))&*2’-.*2’))&*2’.)
*2’.)
*2’1)
*)) 0) 6WZa]% *))! DPNZ‘P\c
EBF @4,/*/’))
EBF @4,2*2’))
*/’-.
*2’-.
E^TQQ QT]]_\PO R\Pc ]TW^c ]LYOc 7>5K’ :T]]_\P] L\P NWZ]PWc ][LNPO \LYOZXWcZ\TPY^L^PO [WLYL\ ]XZZ^S’ ELYO T] QTYP’">ZYOZY 7WLc :Z\XL^TZY#
E^TQQ QT]]_\PO R\Pc ]TW^c ]LYOc 7>5K’ :T]]_\P] L\P NWZ]PWc ][LNPO \LYOZXWc
ESPP^ - ZQ .
1HZL?PWL
58=0;
B0,*&%
&.$%&$’%&*’#-*T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’’/%%
*(.&’%#,’ 4" &,.)’(#+. = =H[PVUHS 6YPK’’$%&$’%&*
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6(
%#%% &#’% 8? &.$%&$’%&* &.$%&$’%&* 62$6B 92@ =0 =0 7HUK BVVSZ&#’% ’*#(% 2? &.$%&$’%&* ’’$%&$’%&* 62$6B 92@ =0 =0 3HUKV (%%%
%#%% ’*#(% 1LU[VUP[L
&.$%&$’%&* &+’* (#(% (#’% * (#&* =@&.$%&$’%&* &+’* (#(% (#&% &% (#&* =@&.$%&$’%&* &+’* (#(% (#%* &* (#&* =@&.$%&$’%&* &+’* (#(% (#%% ’% (#&* =@’%$%&$’%&* &%(% *#&% )#,% * *#%% =@’%$%&$’%&* &%(% *#&% )#*% &% *#%% =@’%$%&$’%&* &%(% *#&% )#)% &* *#%% =@’%$%&$’%&* &%(% *#&% )#(% ’% *#%% =@
’*%’%%
&&#’*’*#(%
’*%’%%
&&#’*&*#*%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
MNY\Q!
BZXSNL\ @X&
BZXSNL\ @JVN
8VYUXaNZ8WPRWNNZ
6XXZMRWJ\N[:ZX]WM >N^NU<WLURWJ\RXW7J\N D\JZ\NM 7J\N 6XVYUN\NM
;XUN <7&8‘YUXZJ\XZa ;XUN >XP
DBE 78E4<>DBCA:C8DDCNVJZT[7J\N ERVN ;XUN
MNY\Q MNY\Q6J[RWP GJ\NZ
MNY\Q7NY\Q EaYN <WLZNVNW\JU KUX_ LX]W\ ’
;NJMNZ BJPN *
@AE8D2 4UU MNY\Q[ RW VN\ZN[%
$ DNJ\RWP KUX_[ XWUa&
6J[RWP GJ\NZMNY\Q
9XZV @X& D<8HB;A>8;7C B* <[[]N&CN^R[RXW @X& )&(. <[[]N 7J\N )*’(+’*(),
JUU MRJVN\NZ[ RW VRUURVN\ZN[&
8WNZPaZJ\RXYNWN\ZJ\RXW RW VV
;JVVNZ@X&
BJZ\ XO \QN 5JLQa DXUN\JWLQN PZX]Y
:8@8C4> @AE8D
78BE; C8>4E87 C8?4C=DEXY
7NY\Q5J[N
7NY\QCNVJZT[
9<@4>
9XZ MN\JRU[ XO JKKZN^RJ\RXW[% [NN TNa
E4/-)(
)1’()’*()-*&0-V A7
DRU^NZ\X_W E]WWNU
4\TRW[ >\M4\TRW[ >\M
>XP BZRW\ 7J\N 4WM ERVN2 )0’(.’*()- )-2**2(+
-+1)*(&/* 8% )/1,*+&.1 @ @J\RXWJU :ZRM**’()’*()-
>XP LQNLTNM Ka2 D9 (+’(.’*()-
FNZ\RLJU
:+
)1’()’*()- (/(( (&(( (&(( 7CI D\JZ\ XO ;XUN)1’()’*()- )0(( ,&(( +&0- +&0( 8WM XO DQRO\*(’()’*()- (/(( ,&(( +&0- +&0( D\JZ\ XO DQRO\*(’()’*()- )0(( )(&(( )(&(( ,&,( 8WM XO DQRO\*)’()’*()- (/(( )(&(( )(&(( ,&*( D\JZ\ XO DQRO\*)’()’*()- )0(( )1&(( )-&,- /&0( 8WM XO DQRO\**’()’*()- (/(( )1&(( )-&,- ,&*( D\JZ\ XO DQRO\**’()’*()- )0(( *-&+( )-&-( .&+( 8WM XO ;XUN
*&-( DBE @3)) ")%(%*%*%+%,# 4C,1+ -/ )&*( 7CI,&-( DBE @30 ")%*%)%)%)%-# 4C,1+ -/ ,&*- ,&,(.&(( DBE"6# @3)1 "*%-%,%-%-%-# 4C,1+ -/ .&(( -&+(/&-( DBE"6# @3)1 "*%+%+%,%-%/# 4C,1+ -/ /&(( ,&0(1&(( DBE"6# @3*) "*%+%,%-%.%.# 4C,1+ -/ 1&(( ,&,(
)(&-( DBE"6# @3*) "+%,%,%-%-%/# 4C,1+ -/ )(&-( ,&1()+&(( DBE @3+) ",%-%-%/%1%)(# 4C,1+ -/ )*&.- /&1().&(( DBE @3+- ",%-%/%/%)(%))# 4C,1+ -/ ),&-( /&0()1&(( DBE @3+1 ",%-%0%)(%)(%))# 4C,1+ -/ )-&,- ,&*(**&(( DBE -(’**-VV "-%0%)*%)/%*)# 4C,1+ -/ )-&-( .&((*+&-( DBE -(’*)-VV "/%)-%)-%)0%)/’.-# 4C,1+ -/ )-&0( .&*(*-&(( DBE -(’)0-VV "-%)(%)*%*0%)(’+-# 4C,1+ -/ )-&-( .&/(
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’1.X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3++3**
.,2*+)’0+ 9% *02-+,’/2 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;,
*)’0) &0’1.
8 ,+
6 ,,
8 ,-
9E ,.
8 ,/
GF ,0
8 ,1
8 ,2
8 -)6 -*
8 -+
GF -,
*)’))
*)’.)&**’))
*)’0)
**’))
**’+.
**’.)&**’2.
*+’))
*+’.)
*,’))&*,’-.*,’))&*,’.)
*-’))
*-’.)&*-’2.
*))
*))
/) 6WZa]% *))! DPNZ‘P\c
0) 6WZa]% *))! DPNZ‘P\c
EBF"7# @4+**)’.)
EBF @4,**,’))
*)’2.
*,’-.
?POT_X OPY]P M\ZaY% R\Pc LYO aST^P ]WTRS^Wc ]LYOc ^Z ]LYOc ]_MLYR_WL\ ^Z\Z_YOPO QTYP ^Z NZL\]P ;D5H9> ZQ QWTY^’ ELYO T] QTYP ^Z NZL\]P’"DT‘P\ FP\\LNP 8P[Z]T^]#
E^TQQ R\Pc ]TW^c ]LYOc 7>5K’ ELYO T] QTYP’ IT^S LM_YOLY^ QTYP ]LYO ]TdPO]PWPYT^P N\c]^LW]’">ZYOZY 7WLc :Z\XL^TZY#
L^ *+’.)X aT^S NWZ]PWc ][LNPO \LYOZXWc Z\TPY^L^PO [WLYL\ ]XZZ^SQT]]_\P]
L^ *-’))X aT^S NWZ]PWc ][LNPO \LYOZXWc Z\TPY^L^PO [WLYL\ ]XZZ^SQT]]_\P]
ESPP^ , ZQ /
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’1.X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3++3*+
.,2*+)’0+ 9% *02-+,’/2 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;,
"*)’0)#
8 --
8 -.
8 -/6 -0
8 -1
GF -2
8 .)
8 .*
8 .+6 .,
*.’))
*.’.)
*/’))&*/’-.*/’))&*/’.)
*0’))
*0’.)&*0’2.
*1’))
*1’.)
*2’))&*2’-.*2’))&*2’.)
*)) 0) 6WZa]% *))! DPNZ‘P\c
EBF @4,.*/’))
EBF @4,2*2’))
*/’-.
*2’-.
E^TQQ R\Pc ]TW^c ]LYOc 7>5K’ ELYO T] QTYP’ IT^S LM_YOLY^ QTYP ]LYO ]TdPO]PWPYT^P N\c]^LW]’">ZYOZY 7WLc :Z\XL^TZY#
L^ *.’))X aT^S LM_YOLY^ *XX b .XX aST^P ^_M_WL\ ]TW^ WTYTYR] ZQQZ\LXTYTQP\L
L^ *0’))X aT^S NWZ]PWc ][LNPO \LYOZXWc Z\TPY^L^PO [WLYL\ ]XZZ^SQT]]_\P]
L^ *1’.)X aT^S NWZ]PWc ][LNPO \LYOZXWc Z\TPY^L^PO [WLYL\ ]XZZ^SQT]]_\P]
ESPP^ - ZQ /
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’1.X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3++3*,
.,2*+)’0+ 9% *02-+,’/2 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;,
+*’-)
+*’1)
++’1)
+,’,)
")’-)#
"*’))#
")’.)#
"+’))#
&*1’..
&*1’2.
&*2’2.
&+)’-.
8 .-
GF ..
8 ./
8 .0
8 .1
8 .26 /)
8 /*
6 /+
8 /,
8 /-
+)’))
+)’.)&+)’2.
+*’))
+*’.)
+*’1)
++’))&++’,1++’))&++’.)
+,’))
+,’.)&+-’))
+-’))
+-’.)
*)) 0) 6WZa]% *))! DPNZ‘P\c
EBF .)(++.XX++’))
EBF .)(+*.XX+,’.)
++’,1
+,’10
E^TQQ R\Pc ]TW^c ]LYOc 7>5K’ ELYO T] QTYP’ IT^S LM_YOLY^ QTYP ]LYO ]TdPO]PWPYT^P N\c]^LW]’">ZYOZY 7WLc :Z\XL^TZY#
L^ +*’))X aT^S ZNNL]TZYLW *XX b .XX aST^P ^_M_WL\ ]TW^ WTYTYR] ZQQZ\LXTYTQP\L
E^TQQ R\Pc ]TW^c 7>5K aT^S LM_YOLY^ *XX b ,XX aST^P ]SPWW Q\LRXPY^]’"<L\aTNS :Z\XL^TZY#
HP\c OPY]P R\Pc ]TW^c QTYP ^Z XPOT_X E5@8 aT^S LM_YOLY^ *XX b ,XX aST^P]SPWW Q\LRXPY^]’"<L\aTNS :Z\XL^TZY#
;\Pc ]TW^c R\L‘PWWc QTYP ^Z NZL\]P E5@8’ ;\L‘PW T] ]_M\Z_YOPO ^Z \Z_YOPOQTYP ^Z NZL\]P ZQ QWTY^ aT^S LM_YOLY^ *XX b ,XX aST^P ]SPWW Q\LRXPY^]’"<L\aTNS :Z\XL^TZY#
HP\c OPY]P R\Pc ]TW^c QTYP E5@8 aT^S ZNNL]TZYLW *XX b .XX aST^P ]SPWWQ\LRXPY^]’"IZZWaTNS :Z\XL^TZY & >LXTYL^PO 6PO]#
ESPP^ . ZQ /
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’1.X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3++3*-
.,2*+)’0+ 9% *02-+,’/2 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;,
+.’,) &++’-.
EBF .)(*1.XX+.’)) +.’,-
HP\c OPY]P R\Pc ]TW^c QTYP E5@8 aT^S ZNNL]TZYLW *XX b .XX aST^P ]SPWWQ\LRXPY^]’"IZZWaTNS :Z\XL^TZY & >LXTYL^PO 6PO]#
9b[WZ\L^Z\c SZWP NZX[WP^P L^ +.’,) X’
ESPP^ / ZQ /
1GYK>OVK
58<0:
A0,*&%
%.$&’$’%&)’#&&S =3
@OR\KXZU]T A[TTKR
0ZQOTY :ZJ0ZQOTY :ZJ
:UM >XOTZ 3GZK 0TJ AOSK/ &-$%+$’%&* &*/’’/’,
*(.%.%#%) 4" &,.*&&#(* < <GZOUTGR 6XOJ&’$&’$’%&)
:UM INKIQKJ H_/ @5 %($%+$’%&*
CKXZOIGR
6)
%#%% &#’% 8> %.$&’$’%&) %.$&’$’%&) 22$42 ;6 <0 <0 7GTJ AUURY&#’% ’%#%% 2> %.$&’$’%&) &’$&’$’%&) 22$42 ;6 <0 <0 3GTJU (%%%
&’#%% %& @> *#%% &’#%% %& %#%% *#%% *% >RGOT%& *#%% &’#%% *% @RUZZKJ
%#%% %#*% 2UTIXKZK%#*% *#%% 1KTZUTOZK*#%% &’#%% 6XG\KR HGIQLORR
&’#%% ’%#%% 1KTZUTOZK
%.$&’$’%&) &*’% (#%% ’#-% * (#%% <@%.$&’$’%&) &*’% (#%% ’#-% &% (#%% <@%.$&’$’%&) &*’% (#%% ’#,% &* (#%% <@%.$&’$’%&) &*’% (#%% ’#,% ’% (#%% <@
’*%&*%
&’#%%’%#%%
’*%&*%
&’#%%&-#*%
>8>4 2=<@A?B2A8=<83
NNSSYY
1OZ2UXK 2UXK
1GXXKR @[VVUXZ:UMMKJ 1_
3OG#UL VOVK
!
?KSGXQY;GZKXOGRYKIZOUT
1GYK ULYKIZOUT
AUV UL102958:: 34A08:@
3[XGZOUTNNSS
@ZGXZ ZOSK
5R[YNIURU[X
ZGQKTLRU]
5UX JKZGORY UL GHHXK\OGZOUTY" YKK QK_
AUV 1GYKA_VK UL
VOVK3OYZGTIK
8<@A0::0A8=< 34A08:@
LXUS 6#:#83
>XUPKIZ <U#
>XUPKIZ <GSK
4SVRU_KX4TMOTKKX
2UUXJOTGZKY6XU[TJ :K\KR8TIROTGZOUT3GZK @ZGXZKJ 3GZK 2USVRKZKJ
7URK 83#4^VRUXGZUX_ 7URK :UM
201:4 >4?2B@@8=< 34A08:@
7=:4 380;4A4? $ 20@8<6
D0A4? @A?894@
?=A0?F 5:B@7 34A08:@
7GXJ @ZXGZG 3KVZNLXUS ZU
NNSS
7URKJOGSKZKX
3KVZN ULNURK
2GYOTMJOGSKZKX
3KVZN ULIGYOTM
3GZK AOSK @ZXOQK GZJKVZN JKVZN
?OYK ZU AOSKZU XOYK
2GYOTM JKVZNGZ YZXOQK
ZOSKZU YKGR
7KGJKX >GMK &
<=A4@/ 0RR JKVZNY OT SKZXKY"DGZKX YZXOQK XOYK ZOSK OT SOT[ZKY"
5XUSJKVZN
AUJKVZN
5R[YNZ_VK
5R[YNXKZ[XT
?KSGXQY2NOYKRROTM
5UXS <U# @84E>7=:473? >& 8YY[K#?K\OYOUT <U# &#%+ 8YY[K 3GZK %,$&%$’%&(
4W[OVSKTZAUV 1GYK A_VK 3GZK @ZGXZKJ 3GZK 4TJKJ 2XK] @KIZOUT @NUXOTM $ ?KSGXQY
GRR JOGSKZKXY OT SORROSKZXKY#NGXJ YZXGZG ZOSK OT NNSS
AUV 1GYK 3OGSKZKX AOSK ?KIU\KX_!
3F<0;82 @0;>:8<6
>GXZ UL ZNK 1GIN_ @URKZGTINK MXU[V
A_VK ?KYVUTYK ‘UTKAUV
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
)2(*+(+)*-+’**W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3++3,)
.,2)2)’)- 9% *02.**’,. A AK]SYXKV ;[SN*+(*+(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;-
)2(*+(+)*- )0,) )’)) & AD E]K[] YP <YVO)2(*+(+)*- *1)) .’)) .’)) -’1) 9XN YP ERSP]*)(*+(+)*- )0,) .’)) .’)) ,’1) E]K[] YP ERSP]*)(*+(+)*- *1)) *+’)) *+’)) -’-) 9XN YP ERSP]**(*+(+)*- )0,) *+’)) *+’)) ,’1) E]K[] YP ERSP]**(*+(+)*- *1)) +)’)) *1’.) /’0) 9XN YP ERSP]*+(*+(+)*- )0,) +)’)) *1’.) ,’-) E]K[] YP ERSP]*+(*+(+)*- *1)) +)’)) & AD 9XN YP <YVO
*’+) ECF"7# A4+* "+%-%1%-%-%.# 5D12 /0 *’+) 8DJ,’+) ECF A4+) "+%,%-%.%.%/# 5D12 /0 ,’+) +’1).’+) ECF"7# A4*2 ",%-%-%.%.%.# 5D12 /0 .’+) -’))/’0) ECF"7# A4*/ "+%-%-%,%-%.# 5D12 /0 /’0) ,’1)1’+) ECF"7# A4*+ "+%,%,%,%,%,# 5D12 /0 1’+) ,’2)2’0) ECF"7# A4*/ "+%,%,%-%-%.# 5D12 /0 2’0) -’+)
**’+) ECF"7# A4,1 ",%.%1%2%2%*+# 5D12 /0 **’+) ,’2)*-’)) ECF A4+- ",%-%-%/%0%0# 5D12 /0 *-’)) -’/)*0’)) ECF A4,- ",%.%/%1%2%**# 5D12 /0 *0’)) .’0)
9P]N\T[^TZY ZQ F^\L^L ?PRPYO 9P[^S?P‘PW9L^_X FLX[WTYR
9P^LTW]>Y FT^_ GP]^ >Y]^LWW&
L^TZY
ABG:F3 6WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’FPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
=ZWP >9’
9P^LTW]
7WZa 8Z_Y^ 6YO
C\ZUPN^ AZ’
G8E F8E ED9
:X[WZcP\:YRTYPP\
8ZZ\OTYL^P]<\Z_YO ?P‘PW
:b[WZ\L^Z\c =ZWP ?ZRC\ZUPN^ ALXP
=ZWP Gc[P >YNWTYL^TZY
;Z\X AZ’ F>:JC=B?:?B< >]]_P’EP‘T]TZY AZ’ *’)/ >]]_P 9L^P +)()2(+)*, CL\^ ZQ ^SP 7LNSc FZWP^LYNSP <\Z_[
FLX[WP EPNZ‘P\c
;Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
9TL’"GSTNVYP]]#
;>A6?
>C$8C
G60.*)
+’**X B9
FTW‘P\^ZaY G_YYPW
6^VTY] ?^O6^VTY] ?^O
?ZR C\TY^ 9L^P 6YO GTXP3 *1()/(+)*. *.3++3,.
.,2)2)’)- :% *02.**’,. A AL^TZYLW <\TOIP\^TNLW
?ZR NSPNVPO Mc3 F; ),()/(+)*.
<-
.’+)
"/’.)#
&,’*) 9 *27 +)
7 +*9 ++
7 +,
9 +-
7 +.
9 +/7 +0:F +1
9 +27 ,)
7 ,*
.’+)
.’+)
/’+)/’+)
/’0)
0’+)
0’0)
1’+)1’+)1’+)
2’+)2’+)
2’0)
FCG"8# A4*2.’+)
FCG"8# A4*//’0)
FCG"8# A4*+1’+)
FCG"8# A4*/2’0)
.’/.
0’*.
1’/.
*)’*.
9L\V R\Pc ]TW^c NWLcPc ZNNL]TZYLWWc R\L‘PWWc QTYP ^Z XPOT_X F6A9’ <\L‘PWT] ]_MLYR_WL\ ^Z ]_M\Z_YOPO QTYP ^Z NZL\]P ZQ QWTY^’"ET‘P\ GP\\LNP 9P[Z]T^]#
@POT_X OPY]P M\ZaY ]LYOc ]_MLYR_WL\ ^Z ]_M\Z_YOPO QTYP ^Z NZL\]P <E6I:? ZQQWTY^ aT^S XPOT_X NZMMWP NZY^PY^’ 8ZMMWP ]TdPO Q\LRXPY^] L\P ]_MLYR_WL\^Z ]_M\Z_YOPO ZQ QWTY^’ FLYO T] QTYP ^Z NZL\]P’"ET‘P\ GP\\LNP 9P[Z]T^]#
FSPP^ + ZQ -
9P]N\T[^TZY ZQ F^\L^L ?PRPYO 9P[^S?P‘PW9L^_X FLX[WTYR
9P^LTW]>Y FT^_ GP]^ >Y]^LWW&
L^TZY
ABG:F3 6WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’FPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
=ZWP >9’
9P^LTW]
7WZa 8Z_Y^ 6YO
C\ZUPN^ AZ’
G8E F8E ED9
:X[WZcP\:YRTYPP\
8ZZ\OTYL^P]<\Z_YO ?P‘PW
:b[WZ\L^Z\c =ZWP ?ZRC\ZUPN^ ALXP
=ZWP Gc[P >YNWTYL^TZY
;Z\X AZ’ F>:JC=B?:?B< >]]_P’EP‘T]TZY AZ’ *’)/ >]]_P 9L^P +)()2(+)*, CL\^ ZQ ^SP 7LNSc FZWP^LYNSP <\Z_[
FLX[WP EPNZ‘P\c
;Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
9TL’"GSTNVYP]]#
;>A6?
>C$8C
G60.*)
+’**X B9
FTW‘P\^ZaY G_YYPW
6^VTY] ?^O6^VTY] ?^O
?ZR C\TY^ 9L^P 6YO GTXP3 *1()/(+)*. *.3++3,0
.,2)2)’)- :% *02.**’,. A AL^TZYLW <\TOIP\^TNLW
?ZR NSPNVPO Mc3 F; ),()/(+)*.
<-
**’0) &2’/)
9 ,+:F ,,
7 ,-
9 ,.7 ,/
9 ,0
:F ,1
HG;7 ,2
HG -)
9 -*
9 -+
9 -,7 --
9 -.
*)’+)*)’+)
*)’0)
**’+)**’+)
**’0)
*+’))
*+’+)&*+’0)*+’+)
*+’0)&*,’*.
*,’+)
*,’.)
*-’))*-’))
*-’.)
*))
*))
-, 7WZa]% )! EPNZ‘P\c
-. 7WZa]% *))! EPNZ‘P\c
FCG"8# A4,1**’+)
FCG A4+-*-’))
**’/.
*-’-.
@POT_X OPY]P M\ZaY ]LYOc ]_MLYR_WL\ ^Z ]_M\Z_YOPO QTYP ^Z NZL\]P <E6I:? ZQQWTY^ aT^S XPOT_X NZMMWP NZY^PY^’ 8ZMMWP ]TdPO Q\LRXPY^] L\P ]_MLYR_WL\^Z ]_M\Z_YOPO ZQ QWTY^’ FLYO T] QTYP ^Z NZL\]P’"ET‘P\ GP\\LNP 9P[Z]T^]#
;T\X ^Z ]^TQQ QT]]_\PO R\Pc ]WTRS^Wc ]TW^c XTNLNPZ_] 8?6K’ ;T]]_\P] L\PNWZ]PWc ^Z Pb^\PXPWc NWZ]PWc ][LNPO \LYOZXWc Z\TPY^L^PO [WLYL\ ^ZN_\‘T[WLYL\ aT^S ]TW^c ]_\QLNP]’"?ZYOZY 8WLc ;Z\XL^TZY#
FSPP^ , ZQ -
9P]N\T[^TZY ZQ F^\L^L ?PRPYO 9P[^S?P‘PW9L^_X FLX[WTYR
9P^LTW]>Y FT^_ GP]^ >Y]^LWW&
L^TZY
ABG:F3 6WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’FPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
=ZWP >9’
9P^LTW]
7WZa 8Z_Y^ 6YO
C\ZUPN^ AZ’
G8E F8E ED9
:X[WZcP\:YRTYPP\
8ZZ\OTYL^P]<\Z_YO ?P‘PW
:b[WZ\L^Z\c =ZWP ?ZRC\ZUPN^ ALXP
=ZWP Gc[P >YNWTYL^TZY
;Z\X AZ’ F>:JC=B?:?B< >]]_P’EP‘T]TZY AZ’ *’)/ >]]_P 9L^P +)()2(+)*, CL\^ ZQ ^SP 7LNSc FZWP^LYNSP <\Z_[
FLX[WP EPNZ‘P\c
;Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
9TL’"GSTNVYP]]#
;>A6?
>C$8C
G60.*)
+’**X B9
FTW‘P\^ZaY G_YYPW
6^VTY] ?^O6^VTY] ?^O
?ZR C\TY^ 9L^P 6YO GTXP3 *1()/(+)*. *.3++3,1
.,2)2)’)- :% *02.**’,. A AL^TZYLW <\TOIP\^TNLW
?ZR NSPNVPO Mc3 F; ),()/(+)*.
<-
"1’,)#
9 -/HG -0
9 -1
9 -2
9 .)7 .*
9 .+
9 .,HG .-
9 ..
9 ./
*.’.)*.’.)&*.’2.
*/’))
*/’.)
*0’))*0’))
*0’.)
*1’.)*1’.)&*1’2.
*2’))
*2’.)
*))
*))
./ 7WZa]% 12! EPNZ‘P\c
/+ 7WZa]% 12! EPNZ‘P\c
FCG A4,-*0’))
*0’-.
;T\X ^Z ]^TQQ QT]]_\PO R\Pc ]WTRS^Wc ]TW^c XTNLNPZ_] 8?6K’ ;T]]_\P] L\PNWZ]PWc ^Z Pb^\PXPWc NWZ]PWc ][LNPO \LYOZXWc Z\TPY^L^PO [WLYL\ ^ZN_\‘T[WLYL\ aT^S ]TW^c ]_\QLNP]’"?ZYOZY 8WLc ;Z\XL^TZY#
Q\ZX */’))X ^Z *0’))X WPY]P] ZQ R\Pc ]TW^c ]LYOc NWLc *XX b *)XX"TYQTWWPO M_\\Za]5#
:b[WZ\L^Z\c SZWP NZX[WP^P L^ +)’)) X’
FSPP^ - ZQ -
1HZL?PWL
58=0;
B0,*&%
’+$%&$’%&*’#(*T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’./&(
*(.&+%#’. 4" &,.),.#., = =H[PVUHS 6YPK’.$%&$’%&*
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6*
%#%% (#*% B? ’+$%&$’%&* ’,$%&$’%&* =@ 9@ =0 =0 921(#*% ’%#%* 2? ’-$%&$’%&* ’.$%&$’%&* 30$@0 9@ =0 =0 3HUKV (%%%
&&#%% %& A? (#%% &&#%%
+#)% +#+% =@ %%(% 2OPZLSSPUN,#)% ,#+% =@ %%(% 2OPZLSSPUN.#(% .#(% =@ %&%% 2OPZLSSPUN
&%#)% &%#*% =@ %%(% 2OPZLSSPUN
%& %#%% (#%% *% ?SHPU%& (#%% &&#%% *% ASV[[LK
%#%% %#*% 2VUJYL[L%#*% (#%% 1LU[VUP[L(#%% &&#%% 6YH]LS IHJRMPSS
&&#%% ’%#%* 1LU[VUP[L
’+$%&$’%&* %.&% ’#-% =@ =@ =@ =A
’%% ,#*% ’%% ,#*%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
6Y[ORYVO PY[WON ]R[Y^QR 9F/’ 7K\SXQ Z[OSX\]KVVON ]Y ,’.)W N^[SXQLKMUPSVV YP ][SKV ZS]’
*’
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
+/()*(+)*.+’,.W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+23*/
.,2*/)’+2 9% *02-02’20 A AK]SYXKV ;[SN+2()*(+)*.
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;.
-’)) *+’)) HK]O[ KNNON ]Y K\\S\] N[SVVSXQ’
+1()*(+)*. )0)) ,’.) & AD E]K[] YP <YVO+1()*(+)*. *1)) *+’)) *+’)) /’-) 9XN YP ERSP]+2()*(+)*. )0)) *+’)) *+’)) ,’-) E]K[] YP ERSP]+2()*(+)*. *1)) +)’). *,’)) *1’*) 9XN YP <YVO
-’)) ECF A4*1 ",%+%,%-%.%/# 5D.,1 0. ,’.) 8DJ.’.) ECF"7# A4+* "+%,%-%.%/%/# 5D.,1 0. .’.) *’*)0’)) ECF"7# A4+/ "+%-%-%/%0%2# 5D.,1 0. 0’)) *’-)1’.) ECF"7# A4+- ",%.%-%/%/%1# 5D.,1 0. 1’.) *’1)
*)’)) ECF"7# A4,* "+%-%/%1%1%2# 5D.,1 0. *)’)) *’.)*,’)) ECF A4+* "+%,%-%.%.%0# 5D.,1 0. *,’)) *)’*)*/’)) ECF A4,* "+%,%.%0%2%*)# 5D.,1 0. *,’)) *,’*)*2’/) ECF A4-. "-%0%2%**%*+%*,# 5D.,1 0. *,’)) *1’*)
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
FB$7B
F50.*)
+’,.X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+23+)
.,2*/)’+2 9% *02-02’20 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;.
"0’+)#
8 06 1
9E 2
6 *)8 **
6 *+8 *,
9E *-
6 *.8 */
6 *08 *1
9E *2
.’))
.’))&.’.)
.’.)
/’))&/’.)/’))
0’))&0’.)0’))
0’.)
1’))&1’.)1’))
2’))&2’.)2’))
2’.)
EBF"7# @4+*.’.)
EBF"7# @4+/0’))
EBF"7# @4+-1’.)
.’2.
0’-.
1’2.
?POT_X OPY]P R\Pc M\ZaY LYO aST^P ]LYOc WZNLWWc ‘P\c ]LYOc ]_MLYR_WL\ ^Z\Z_YOPO QTYP ^Z NZL\]P ;D5H9> ZQ QWTY^’ ELYO T] QTYP ^Z NZL\]P’"DT‘P\ FP\\LNP 8P[Z]T^]#
Q\ZX /’))X ^Z *)’))X ‘P\c ]LYOc R\L‘PW
ESPP^ + ZQ .
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
FB$7B
F50.*)
+’,.X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+23+*
.,2*/)’+2 9% *02-02’20 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;.
*)’2)
*+’.)
*-’2.
"*’/)#
"+’-.#
&1’..
&*)’*.
&*+’/)
6 +)8 +*
8 ++6 +,
9E +-
GF +.
8 +/
8 +0
8 +16 +2
8 ,)
GF ,*
8 ,+
*)’))&*)’.)*)’))
*)’2)*)’2)&**’-)
**’+)
**’-)&**’1.
**’1.
*+’.)
*,’))&*,’-.*,’))&*,’.)
*-’))
*-’.)&*-’2.
*-’2.
*))
*))
/) 6WZa]% *))! DPNZ‘P\c
/. 6WZa]% *))! DPNZ‘P\c
EBF"7# @4,**)’))
EBF @4+**,’))
*)’-.
*,’-.
?POT_X OPY]P R\Pc M\ZaY LYO aST^P ]LYOc WZNLWWc ‘P\c ]LYOc ]_MLYR_WL\ ^Z\Z_YOPO QTYP ^Z NZL\]P ;D5H9> ZQ QWTY^’ ELYO T] QTYP ^Z NZL\]P’"DT‘P\ FP\\LNP 8P[Z]T^]#
E^TQQ OL\V R\Pc ]WTRS^Wc ]LYOc 7>5K’ ELYO T] QTYP ^Z XPOT_X’">ZYOZY 7WLc :Z\XL^TZY#
E^TQQ ^STYWc WLXTYL^PO OL\V R\Pc ]WTRS^Wc ]LYOc 7>5K’ ELYO T] QTYP ^ZXPOT_X’">ZYOZY 7WLc :Z\XL^TZY#
Q\ZX *,’))X ^Z *,’.)X YZ WLXTYL^TZY]
ESPP^ , ZQ .
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
FB$7B
F50.*)
+’,.X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+23++
.,2*/)’+2 9% *02-02’20 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;.
*0’))
"+’).#
",’).#
&*-’/.
8 ,,
8 ,-6 ,.
8 ,/
GF ,0
8 ,1
8 ,2
GF -)
8 -*
8 -+6 -,
*.’.)
*/’))&*/’-.*/’))&*/’.)
*0’))
*0’.)&*0’2.
*0’2.
*1’.)
*2’))&*2’-.
*2’-.
*2’/)&+)’).*2’/)&+)’))
*))
*))
0) 6WZa]% *))! DPNZ‘P\c
0) 6WZa]% *))! DPNZ‘P\c
EBF @4,**/’))
EBF @4-.*2’/)
*/’-.
+)’).
E^TQQ OL\V R\Pc ]WTRS^Wc ]LYOc 7>5K’ ELYO T] QTYP ^Z XPOT_X’ IT^S \L\PQTYP ^Z XPOT_X ]LYO ]TdPO ]PWPYT^P N\c]^LW]’ ">ZYOZY 7WLc :Z\XL^TZY#
HP\c ]^TQQ QT]]_\PO OL\V R\Pc ]WTRS^Wc ]LYOc 7>5K’ :T]]_\P] L\P NWZ]PWc][LNPO \LYOZXWc Z\TPY^L^PO [WLYL\’ ELYO T] QTYP ^Z NZL\]P’">ZYOZY 7WLc :Z\XL^TZY#
L^ *0’2.X ^STYWc WLXTYL^PO NWLc aT^S * @Z [TYV(aST^P +)XX b +)XX b,XX MT‘LW‘P ]SPWW
L^ *2’-.X * @Z 1) OPR\PP] [WLYL\ ]XZZ^S QT]]_\P
ESPP^ - ZQ .
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
FB$7B
F50.*)
+’,.X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+23+,
.,2*/)’+2 9% *02-02’20 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;.
+)’). &*0’0)HP\c ]^TQQ QT]]_\PO OL\V R\Pc ]WTRS^Wc ]LYOc 7>5K’ :T]]_\P] L\P NWZ]PWc][LNPO \LYOZXWc Z\TPY^L^PO [WLYL\’ ELYO T] QTYP ^Z NZL\]P’">ZYOZY 7WLc :Z\XL^TZY#9b[WZ\L^Z\c SZWP NZX[WP^P L^ +)’). X’
ESPP^ . ZQ .
1I[M?QXM
58=0;
B0,*&%
%’$&’$’%&)’#*&U >3
AQT^MZ\W_V B]VVMT
0\SQV[ ;\L0\SQV[ ;\L
;WO ?ZQV\ 3I\M 0VL BQUM/ &-$%+$’%&* &*/’’/)-
*(.’%’#.. 4" &,.*,(#+- = =I\QWVIT 6ZQL%)$&’$’%&)
;WO KPMKSML Ja/ A5 %($%+$’%&*
DMZ\QKIT
6+
%#%% &#’% 8? %’$&’$’%&) %’$&’$’%&) 31$9: <6 =0 =0 7IVL BWWT[&#’% ’%#%% 2? %($&’$’%&) %)$&’$’%&) 30$@0 H1 =0 =0 3IVLW (%%%
)#*% %& A? ’#*% )#*%
-#(% -#*% =@ %%(% 2PQ[MTTVO.#&% .#(% =@ %%(% 2PQ[MTTQVO
&&#%% &&#’% =@ %%(% 2PQ[MTTQVO&’#,% &’#-% =@ %%(% 2PQ[MTTQVO
%& %#%% ’#*% *% ?TIQV%& ’#*% )#*% *% ATW\\ML
%#%% %#*% 2WVKZM\M%#*% ’#*% 1MV\WVQ\M’#*% )#*% 6ZI^MT JIKSNQTT)#*% ’%#%% 1MV\WVQ\M
%($&’$’%&) &%&* *#&% )#+% * *#&% =@%($&’$’%&) &%&* *#&% )#&% &% *#&% =@%($&’$’%&) &%&* *#&% (#.% &* *#&% =@%($&’$’%&) &%&* *#&% (#%% ’% *#&% =@
’%%&*%
&*#%%’%#%%
’%%&*%
&*#%%&-#%%
?8?4 2>=AB@C2B8>=83
PPUU[[
1Q\2WZM 2WZM
1IZZMT A]XXWZ\;WOOML 1a
3QI#WN XQXM
!
@MUIZS[<I\MZQIT[MK\QWV
1I[M WN[MK\QWV
BWX WN102:58;; 34B08;A
3]ZI\QWVPPUU
A\IZ\ \QUM
5T][PKWTW]Z
\ISMVNTW_
5WZ LM\IQT[ WN IJJZM^QI\QWV[" [MM SMa
BWX 1I[MBaXM WN
XQXM3Q[\IVKM
8=AB0;;0B8>= 34B08;A
NZWU 6#;#83
?ZWRMK\ =W#
?ZWRMK\ =IUM
4UXTWaMZ4VOQVMMZ
2WWZLQVI\M[6ZW]VL ;M^MT8VKTQVI\QWV3I\M A\IZ\ML 3I\M 2WUXTM\ML
7WTM 83#4‘XTWZI\WZa 7WTM ;WO
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7IZL A\ZI\I 3MX\PNZWU \W
PPUU
7WTMLQIUM\MZ
3MX\P WNPWTM
2I[QVOLQIUM\MZ
3MX\P WNKI[QVO
3I\M BQUM A\ZQSM I\LMX\P LMX\P
@Q[M \W BQUM\W ZQ[M
2I[QVO LMX\PI\ [\ZQSM
\QUM\W [MIT
7MILMZ ?IOM &
=>B4A/ 0TT LMX\P[ QV UM\ZM["EI\MZ [\ZQSM ZQ[M \QUM QV UQV]\M["
5ZWULMX\P
BWLMX\P
5T][P\aXM
5T][PZM\]ZV
@MUIZS[2PQ[MTTQVO
5WZU =W# A84F?7>;473@ ?& 8[[]M#@M^Q[QWV =W# &#%+ 8[[]M 3I\M %,$&%$’%&(
4Y]QXUMV\BWX 1I[M BaXM 3I\M A\IZ\ML 3I\M 4VLML 2ZM_ AMK\QWV APWZQVO $ @MUIZS[
ITT LQIUM\MZ[ QV UQTTQUM\ZM[#PIZL [\ZI\I \QUM QV PPUU
BWX 1I[M 3QIUM\MZ BQUM @MKW^MZa!
3G=0<82 A0<?;8=6
?IZ\ WN \PM 1IKPa AWTM\IVKPM OZW]X
BaXM @M[XWV[M bWVMBWX
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
)+(*+(+)*-+’.*W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3++3.*
.,2+)+’22 9% *02.0,’/1 A AK]SYXKV ;[SN)-(*+(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;/
.’*) +)’)) HK]O[ KNNON ]Y K\\S\] N[SVVSXQ’*-’)) *.’)) 6OX]YXS]O \OKV’
)+(*+(+)*- )0,) )’)) & AD E]K[] YP <YVO)+(*+(+)*- *1)) *’+) & 8DJ 9XN YP =C),(*+(+)*- )1)) *’+) & AD E]K[] YP 7C),(*+(+)*- *1)) *+’,) *+’,) -’*) 9XN YP ERSP])-(*+(+)*- )1)) *,’,) *+’,) ,’1) E]K[] YP ERSP])-(*+(+)*- *1)) +)’)) ,’/) ,’/) 9XN YP <YVO
*’+) ECF A42 "*%+%+%+%+%,# 5D.,1 0. AD 8DJ.’,) ECF A4*- "+%+%+%,%-%.# 5D.,1 0. .’,) ,’1)/’1) ECF"7# A4+* "+%+%,%.%/%0# 5D.,1 0. /’1) ,’-)1’,) ECF"7# A4+, "+%+%.%/%/%/# 5D.,1 0. 1’,) ,’*)2’1) ECF"7# A4+) "+%,%-%-%.%0# 5D.,1 0. 2’1) ,’-)
**’,) ECF"7# A4++ "+%-%-%/%/%/# 5D.,1 0. **’,) ,’*)*-’2) ECF A4+0 ",%-%.%/%0%2# 5D.,1 0. *-’.) .’*)*/’1) ECF .)(/.WW "*1%0(+)%.)(/.# 5D.,1 0. *-’.) .’-)*1’)) ECF .)(0)WW "0%*)%.)(0)# 5D.,1 0. *1’)) ,’*)*2’.) ECF .)(/.WW "+.%.)(/.# 5D.,1 0. *1’)) ,’*)
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’.*X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3++3.0
.,2+)+’22 9% *02.0,’/1 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;/
*+’2)
",’/)#
&*)’,2
8 ,1
6 ,2
8 -)
9E -*
6 -+
8 -,
8 --6 -.
9E -/
GF -0
8 -1
8 -2
8 .)6 .*
*)’*)
*)’1)&**’,)
**’*)
**’,)
**’1)&*+’,)
*+’*)
*+’2)*+’2)&*,’-)
*,’+)
*,’-)&*,’1.
*,’1.
*-’.)
*-’2)&*.’,.*-’2)&*.’-)
*)) 1) 6WZa]% *))! DPNZ‘P\c
EBF"7# @4++**’,)
EBF @4+0*-’2)
**’0.
?POT_X OPY]P OL\V R\Pc XZ^^WPO aST^P LYO MWLNV ‘P\c ]LYOc LYR_WL\ ^Z]_M\Z_YOPO QTYP ^Z NZL\]P ;D5H9> ZQ QWTY^’ ELYO T] QTYP ^Z NZL\]P’"DT‘P\ FP\\LNP 8P[Z]T^]#
:T\X ^Z ]^TQQ ^STYWc WLXTYL^PO OL\V M\ZaY 7>5K’">ZYOZY 7WLc :Z\XL^TZY#
ESPP^ , ZQ -
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’.*X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3++3.1
.,2+)+’22 9% *02.0,’/1 @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;/
*/’.)
*0’,)
")’1)#
"+’0)#
&*,’22
&*-’02
8 .+
GF .,
8 .-
8 ..6 ./
8 .0
8 .16 .2
8 /)
8 /*
*.’.)
*/’-)&*/’0)
*/’0)
*/’1)&*/’2/*/’1)&*0’,)
*0’,)
*1’))&*1’++*1’))&*1’.)
*1’.)
*2’.)&*2’/-
*)) *)) 6WZa]% *))! DPNZ‘P\c
EBF .)(/.XX*/’1)
EBF .)(0)XX*1’))
EBF .)(/.XX*2’.)
*.’,.
*/’2/
*1’++
*2’/-
:T\X ^Z ]^TQQ ^STYWc WLXTYL^PO OL\V M\ZaY 7>5K’">ZYOZY 7WLc :Z\XL^TZY#
HP\c OPY]P MWLNV(OL\V R\Pc ]LYOc ]_MLYR_WL\ ^Z \Z_YOPO QTYP ^Z NZL\]P;D5H9> ZQ QWTY^’ DL\P QTYP R\L‘PW ]TdPO ]SPWW Q\LRXPY^]’ ELYO T] QTYP ^ZXPOT_X’"<L\aTNS :Z\XL^TZY#
HP\c OPY]P OL\V R\Pc(M\ZaY ]TW^c ]WTRS^Wc NWLcPc QTYP E5@8’"IZZWaTNS :Z\XL^TZY & >LXTYL^PO 6PO]#
9b[WZ\L^Z\c SZWP NZX[WP^P L^ +)’)) X’
ESPP^ - ZQ -
1HZL?PWL
58=0;
B0,*&%
’*$&&$’%&)(#&-T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’(/%-
*(.’-*#(* 4" &,.+(+#)% = =H[PVUHS 6YPK%*$&’$’%&)
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6,
%#%% &#’% 8? ’*$&&$’%&) ’*$&&$’%&) 31$9: 9@ =0 =0 7HUK BVVSZ&#’% ’*#%% 2? %’$&’$’%&) %*$&’$’%&) 9E <6 =0 =0 3HUKV (%%%
&’#%% %’ A? ,#%% &’#%%’’#*% %& A?84 ’&#%% ’(#%%
%’ %#%% ,#%% *% ?SHPU%’ ,#%% &’#%% *% ASV[[LK%& %#%% ’’#*% &. ?SHPU
%#%% %#*% 2VUJYL[L%#*% ,#%% 1LU[VUP[L,#%% &’#%% 6YH]LS IHJRMPSS
&’#%% ’&#%% 1LU[VUP[L’&#%% ’(#%% AHUK IHJRMPSS’(#%% ’*#%% 1LU[VUP[L
%($&’$’%&) *#+% )#)% ’% ’#*% =@
’*%’%%&*%
*#+%&+#’%’*#%%
’*%’%%&*%
*#+%&*#%%’&#%%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
*1’)) ECF"7# .)(*1/XX "/%*)%*-%++%*-(,/# 5D+) /* *1’)) /’+)*2’.) ECF .)(*,-XX "*)%*-%+,%+0(.2# 5D+) /* *2’.) /’))+*’)) ECF .)(*)-XX "*1%*+(,/%,)%+)(+2# 5D+) /* +*’)) /’))++’.) ECF .)(*,.XX "0%*+%+-%+/(/)# 5D+) /* +*’)) .’1)+-’)) ECF .)(2-XX "*2%/(*.%,1%*+(*2# 5D+) /* +*’)) /’-)
OP[^S!
C\ZUPN^ AZ’
C\ZUPN^ ALXP
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO ?P‘PW=YNWTYL^TZY8L^P E^L\^PO 8L^P 7ZX[WP^PO
<ZWP =8’9b[WZ\L^Z\c <ZWP ?ZR
ECF 89F5=?ECDB;D9EEDPXL\V]8L^P FTXP <ZWP
OP[^S OP[^S7L]TYR IL^P\
OP[^S8P[^S Fc[P =YN\PXPY^LW MWZa NZ_Y^ (
<PLOP\ CLRP +
ABF9E3 5WW OP[^S] TY XP^\P]%
$ EPL^TYR MWZa] ZYWc’
7L]TYR IL^P\OP[^S
:Z\X AZ’ E=9JC<B?9<8D C+ =]]_P’DP‘T]TZY AZ’ *’)/ =]]_P 8L^P *+(),(+)*-
LWW OTLXP^P\] TY XTWWTXP^\P]’
9YP\Rc\L^TZ[PYP^\L^TZY TY XX
<LXXP\AZ’
CL\^ ZQ ^SP 6LNSc EZWP^LYNSP R\Z_[
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFZ[
8P[^S6L]P
8P[^SDPXL\V]
:=A5?
=Y][PN^TZY [T^ PbNL‘L^PO ^Z *’+)X’*’GJB ^P]^TYR L^ *’))X TY^P\‘LW] ^Z /’))X’+’
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc
F50.*)
+.(**(+)*-,’*1X B8
ETW‘P\^ZaY F_YYPW
5^VTY] ?^O5^VTY] ?^O
?ZR C\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+,3*)
.,2+1.’,. 9% *02/,/’-) A AL^TZYLW ;\TO).(*+(+)*-
?ZR NSPNVPO Mc3 E: ),()/(+)*.
HP\^TNLW
;0
*-’+) */’+) 6PY^ZYT^P ]PLW’
+.(**(+)*- )0,) )’)) & AD E^L\^ ZQ <ZWP+.(**(+)*- *1)) *’+) & 8DK 9YO ZQ =C)+(*+(+)*- )0,) *’+) & 8DK E^L\^ ZQ 7C)+(*+(+)*- *1)) ,’)) +’)) 8DK 9YO ZQ ESTQ^),(*+(+)*- )0,) ,’)) +’)) 8DK E^L\^ ZQ ESTQ^),(*+(+)*- *1)) */’+) *.’)) /’-) 9YO ZQ ESTQ^).(*+(+)*- )0,) */’+) *.’)) -’1) E^L\^ ZQ ESTQ^).(*+(+)*- *1)) +.’)) -’)) AD 9YO ZQ <ZWP
*’.) ECF A40 ",%,%*%+%+%+# 5D+) /* *’.) 8DK,’)) ECF A4- "*%*%*%*%*%*# 5D+) /* +’.) 8DK-’.) ECF A4+ ")%)%*%)%*%)# 5D+) /* +’.) 8DK/’)) ECF"7# A4+/ "+%,%.%.%0%2# 5D+) /* /’)) -’.)0’.) ECF"7# A4,. "/%/%0%1%*)%*)# 5D+) /* 0’.) -’/)2’)) ECF"7# A4,, ",%.%/%1%*)%2# 5D+) /* 2’)) -’2)
*)’.) ECF"7# A4,+ "-%/%0%0%2%2# 5D+) /* *)’.) -’.)*+’)) ECF"7# A42 "*%,%+%+%,%+# 5D+) /* *+’)) .’))*,’.) ECF"7# A4** "*%*%,%+%,%,# 5D+) /* *,’.) -’.)*.’)) ECF A4,, "+%,%0%1%2%2# 5D+) /* *.’)) /’))*/’.) ECF A4+* "+%+%-%.%/%/# 5D+) /* */’.) 2’+)
9Q^O]U\_U[Z [R F_]M_M ?QSQZP 9Q\_T?QaQX9M_‘Y FMY\XUZS
9Q_MUX^>Z FU_‘ GQ^_ >Z^_MXX&
M_U[Z
ABG:F3 6XX PQ\_T^ UZ YQ_]Q^% MXX PUMYQ_Q]^ UZ YUXXUYQ_]Q^’FQQ TQMPQ] ^TQQ_ R[] PQ_MUX^ [R N[]UZS%
=[XQ >9’
9Q_MUX^
7X[b 8[‘Z_ 6ZP
C][VQO_ A[’
G8E F8E ED9
:Y\X[dQ]:ZSUZQQ]
8[[]PUZM_Q^<][‘ZP ?QaQX
:c\X[]M_[]d =[XQ ?[SC][VQO_ AMYQ
=[XQ Gd\Q >ZOXUZM_U[Z
;[]Y A[’ F>:KC=B?:?B< >^^‘Q’EQaU^U[Z A[’ *’)/ >^^‘Q 9M_Q +)()2(+)*, CM]_ [R _TQ 7MOTd F[XQ_MZOTQ <][‘\
FMY\XQ EQO[aQ]d
;[] PQ_MUX^ [R MNN]QaUM_U[Z^% ^QQ WQd\][S]Q^^ MZP bM_Q]’
9UM’"GTUOWZQ^^#
;>A6?
>C$8C
G60.*)
,’*1Y B9
FUXaQ]_[bZ G‘ZZQX
6_WUZ^ ?_P6_WUZ^ ?_P
?[S C]UZ_ 9M_Q 6ZP GUYQ3 *1()/(+)*. *.3+,3*/
.,2+1.’,. :% *02/,/’-) A AM_U[ZMX <]UPIQ]_UOMX
?[S OTQOWQP Nd3 F; ),()/(+)*.
<0
*,’0)
*-’+)
")’.)#
&*)’.,
&**’),
9 +07 +1
:F /,
9 +27 ,)
9 ,*
9 ,+7 ,,
9 ,-7 ,.
9 ,/7 ,0
HG ,1
*)’.)*)’.)&*)’2.
**’*)
**’.)**’.)&*+’))
*+’))&*+’-.
*+’.)*+’.)&*,’))
*,’.)*,’.)&*,’2.
*-’+)*-’+)&*-’.)
*-’.)&*-’2. *)) -+ 7X[b^% 00! EQO[aQ]d
FCG"8# A5,+*)’.)
FCG"8# A52*+’))
FCG"8# A5***,’.)
*)’2.
*+’-.
*,’2.
@QPU‘Y PQZ^Q _[ PQZ^Q S]Qd RUZQ _[ YQPU‘Y ^MZPd ^‘NMZS‘XM] _[ ^‘N][‘ZPQPRUZQ _[ O[M]^Q <E6I:? [R RXUZ_’ FMZP NQO[YQ^ dQXX[bU^T N][bZ’"EUaQ] GQ]]MOQ 9Q\[^U_^#
R][Y **’.)Y _[ *+’))Y ^XUST_Xd ^MZPd
M_ *+’))Y X[[^Q
<]Qd RUZQ _[ YQPU‘Y ^MZPd ^‘NMZS‘XM] _[ ^‘N][‘ZPQP RUZQ _[ O[M]^Q <E6I:?[R RXUZ_’ FMZP NQO[YQ^ dQXX[bU^T N][bZ’ JU_T \[OWQ_^ [R RU]Y S]Qd ^UX_dOXMd’"EUaQ] GQ]]MOQ 9Q\[^U_^#
;U]Y PM]W S]Qd ^XUST_Xd ^UX_d "NQO[YUZS ^UX_d ^XUST_Xd RUZQ ^MZPd#RU^^‘]QP 8?6L’ ;U^^‘]Q^ M]Q OX[^QXd _[ Qc_]QYQXd OX[^QXd ^\MOQP ]MZP[YXd[]UQZ_M_QP \XMZM] _[ O‘]aU\XMZM] bU_T ^[YQ_UYQ^ ^UX_d ^‘]RMOQ^ [Z XM]SQ]RU^^‘]Q^’ >ZRUXXQP N‘]][b^ "*YY c ,YY# bU_T XUST_ S]Qd ^MZPd OXMd’"?[ZP[Z 8XMd ;[]YM_U[Z#
FTQQ_ , [R .
9Q^O]U\_U[Z [R F_]M_M ?QSQZP 9Q\_T?QaQX9M_‘Y FMY\XUZS
9Q_MUX^>Z FU_‘ GQ^_ >Z^_MXX&
M_U[Z
ABG:F3 6XX PQ\_T^ UZ YQ_]Q^% MXX PUMYQ_Q]^ UZ YUXXUYQ_]Q^’FQQ TQMPQ] ^TQQ_ R[] PQ_MUX^ [R N[]UZS%
=[XQ >9’
9Q_MUX^
7X[b 8[‘Z_ 6ZP
C][VQO_ A[’
G8E F8E ED9
:Y\X[dQ]:ZSUZQQ]
8[[]PUZM_Q^<][‘ZP ?QaQX
:c\X[]M_[]d =[XQ ?[SC][VQO_ AMYQ
=[XQ Gd\Q >ZOXUZM_U[Z
;[]Y A[’ F>:KC=B?:?B< >^^‘Q’EQaU^U[Z A[’ *’)/ >^^‘Q 9M_Q +)()2(+)*, CM]_ [R _TQ 7MOTd F[XQ_MZOTQ <][‘\
FMY\XQ EQO[aQ]d
;[] PQ_MUX^ [R MNN]QaUM_U[Z^% ^QQ WQd\][S]Q^^ MZP bM_Q]’
9UM’"GTUOWZQ^^#
;>A6?
>C$8C
G60.*)
,’*1Y B9
FUXaQ]_[bZ G‘ZZQX
6_WUZ^ ?_P6_WUZ^ ?_P
?[S C]UZ_ 9M_Q 6ZP GUYQ3 *1()/(+)*. *.3+,3*0
.,2+1.’,. :% *02/,/’-) A AM_U[ZMX <]UPIQ]_UOMX
?[S OTQOWQP Nd3 F; ),()/(+)*.
<0
*0’+)
*0’/)
*1’*)
",’))#
")’-)#
")’.)#
&*-’),
&*-’-,
&*-’2,
9 ,29 -)7 -*
HG -+
9 -,
7 --
9 -.
HG -/
9 -0
9 -1
7 -2
9 .)
7 .*
9 .+
*.’))*.’))&*.’-.*.’))&*.’.)
*.’.)&*.’2.
*/’))
*/’+)&*/’.)
*/’.)&*/’2.
*0’))&*0’-.
*0’.)
*0’/)
*1’))&*1’-.
*1’.)
*2’))&*2’.)
*2’.)&*2’2.
*))
*))
-0 7X[b^% *))! EQO[aQ]d
/) 7X[b^% *))! EQO[aQ]d
FCG A5,,*.’))
FCG A5+**/’.)
FCG"8# .)(*1/YY*1’))
FCG .)(*,-YY*2’.)
*.’-.
*/’2.
*1’,-
*2’01
;U]Y PM]W S]Qd ^XUST_Xd ^UX_d "NQO[YUZS ^UX_d ^XUST_Xd RUZQ ^MZPd#RU^^‘]QP 8?6L’ ;U^^‘]Q^ M]Q OX[^QXd _[ Qc_]QYQXd OX[^QXd ^\MOQP ]MZP[YXd[]UQZ_M_QP \XMZM] _[ O‘]aU\XMZM] bU_T ^[YQ_UYQ^ ^UX_d ^‘]RMOQ^ [Z XM]SQ]RU^^‘]Q^’ >ZRUXXQP N‘]][b^ "*YY c ,YY# bU_T XUST_ S]Qd ^MZPd OXMd’"?[ZP[Z 8XMd ;[]YM_U[Z#
<]Qd ^UX_d RUZQ _[ YQPU‘Y F6A9 bU_T ^TQXXd R]MSYQZ_^ "4.YY#’"=M]bUOT ;[]YM_U[Z#
<]Qd ^UX_d RUZQ ^MZPd ^‘NMZS‘XM] _[ ^‘N][‘ZPQP RUZQ _[ O[M]^Q <E6I:? [RRXUZ_’"=M]bUOT ;[]YM_U[Z#
IQ]d PQZ^Q S]Qd ^UX_d RUZQ F6A9’ JU_T [OOM^U[ZMX ‘\ _[ 4.YY ^TQXXR]MSYQZ_^’"J[[XbUOT ;[]YM_U[Z & ?MYUZM_QP 7QP^#
FTQQ_ - [R .
1HZL?PWL
58=0;
B0,*&%
’*$&&$’%&))#%.T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’(/((
*(.(+)#)) 4" &,.+.,#(+ = =H[PVUHS 6YPK%’$&’$’%&)
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6-
%#%% &#’% 8? ’*$&&$’%&) ’*$&&$’%&) 31$95 87 =0 =0 7HUK BVVSZ&#’% ’*#%% 2? ’*$&&$’%&) %’$&’$’%&) 30$@0 <6 =0 =0 3HUKV (%%%
&)#%% %’ A?84 &(#%% &)#)%’)#%% %& A?84 ’(#*% ’)#*%
’#-% (#%% =@ %%(% 2OPZLSSPUN(#*% (#,% =@ %&%% 2OPZLSSPUN-#,% .#*% =@ %(%% 2OPZLSSPUN
&)#%% &)#)% =@ %’%% 2OPZLSSPUN’%#-% ’&#%% =@ %&%% 2OPZLSSPUN
%’ %#%% &)#%% &. ?SHPU%& %#%% ’)#%% &. ?SHPU
%#%% %#*% 2VUJYL[L%#*% &(#%% 1LU[VUP[L
&(#%% &)#)% AHUK IHJRMPSS&)#)% ’(#*% 1LU[VUP[L’(#*% ’)#*% AHUK IHJRMPSS’)#*% ’*#%% 1LU[VUP[L
’+$&&$’%&) &)%% +#,% *#)% * +#%% =A’+$&&$’%&) &)%% +#,% *#(% &% +#%% =A’+$&&$’%&) &)%% +#,% *#’% &* +#%% =A’+$&&$’%&) &)%% +#,% *#’% ’% +#%% =A
’*%’%%
&+#)%’*#%%
’*%’%%
&+#)%&,#(%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
**’.) -’/)*,’)) ECF"7# .)(+/)WW "-%1%*+%*-%*/%1(,.# 5D.,1 0. *,’)) -’1)*-’1) ECF A4,+ "-%-%/%0%2%*)# 5D.,1 0. *-’1) /’,/*/’,) ECF A4+. "+%-%.%/%0%0# 5D.,1 0. *.’.) 0’2)*0’1) ECF A4+/ "+%.%.%/%0%1# 5D.,1 0. *0’,) /’+)*2’,) ECF A4,) ",%-%.%0%1%*)# 5D.,1 0. AD 0’*)+)’+) ECF .)(*,)WW ".%*)%+.%+.(..# 5D.,1 0. AD 0’-)+*’2) ECF .)(..WW "+)%.(.%.)(..# 5D.,1 0. *0’,) 0’*)+,’.) ECF .)(.)WW "*+%*,(,.%.)(.)# 5D.,1 0. AD 0’-)+.’)) ECF .)(-.WW "+.(.)%.)(-.# 5D.,1 0. AD 0’/)
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
+.(**(+)*--’)2W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+,3,/
.,2,/-’-- 9% *02/20’,/ A AK]SYXKV ;[SN)+(*+(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;1
/’0) *-’)) HK]O[ KNNON ]Y K\\S\] N[SVVSXQ’*.’-) */’-) 6OX]YXS]O \OKV’
+.(**(+)*- )0,) )’)) & AD E]K[] YP <YVO+.(**(+)*- *1)) /’)) /’)) 8DJ 9XN YP ERSP]+/(**(+)*- )0,) /’)) /’)) 8DJ E]K[] YP ERSP]+/(**(+)*- *1)) 2’.) 2’.) .’-) 9XN YP ERSP]+0(**(+)*- )0,) 2’.) 2’.) .’*) E]K[] YP ERSP]+0(**(+)*- *1)) *-’)) *-’)) .’1) 9XN YP ERSP]+1(**(+)*- )0,) *-’)) *-’)) .’*) E]K[] YP ERSP]+1(**(+)*- *1)) *0’,) *0’,) 0’-) 9XN YP ERSP])*(*+(+)*- )0,) *0’,) *0’,) .’*) E]K[] YP ERSP])*(*+(+)*- *1)) +.’)) *0’,) 0’/) 9XN YP 7C)+(*+(+)*- )0,) +.’)) *0’,) AD E]K[] YP =X\]KVVK]SYX)+(*+(+)*- *1)) +.’)) & AD 9XN YP <YVO
*’+) ECF A4-, "0%1%*)%*)%**%*+# 5D.,1 0. AD 8DJ+’0) ECF .)(/.WW "*0%1(*.%.)(/.# 5D.,1 0. +’0) 8DJ-’+) ECF .)(/)WW "+.%.)(/)# 5D.,1 0. -’+) 8DJ.’.) ECF .)(0)WW "+.%.)(0)# 5D.,1 0. .’)) 8DJ0’)) ECF A41 "*%+%+%+%+%+# 5D.,1 0. AD .’+)1’.) ECF"7# A4-. "+%.%1%**%*+%*-# 5D.,1 0. 1’.) +’0)
*)’)) ECF"7# A4*2 "+%+%-%-%.%/# 5D.,1 0. *)’)) -’))**’.) ECF"7# A4+/ "+%-%-%/%1%1# 5D.,1 0.
9Q_O^U\‘U[Z [R F‘^M‘M ?QSQZP 9Q\‘T?QbQX9M‘aY FMY\XUZS
9Q‘MUX_>Z FU‘a GQ_‘ >Z_‘MXX&
M‘U[Z
ABG:F3 6XX PQ\‘T_ UZ YQ‘^Q_% MXX PUMYQ‘Q^_ UZ YUXXUYQ‘^Q_’FQQ TQMPQ^ _TQQ‘ R[^ PQ‘MUX_ [R N[^UZS%
=[XQ >9’
9Q‘MUX_
7X[c 8[aZ‘ 6ZP
C^[VQO‘ A[’
G8E F8E ED9
:Y\X[eQ^:ZSUZQQ^
8[[^PUZM‘Q_<^[aZP ?QbQX
:d\X[^M‘[^e =[XQ ?[SC^[VQO‘ AMYQ
=[XQ Ge\Q >ZOXUZM‘U[Z
;[^Y A[’ F>:KC=B?:?B< >__aQ’EQbU_U[Z A[’ *’)/ >__aQ 9M‘Q +)()2(+)*, CM^‘ [R ‘TQ 7MOTe F[XQ‘MZOTQ <^[a\
FMY\XQ EQO[bQ^e
;[^ PQ‘MUX_ [R MNN^QbUM‘U[Z_% _QQ WQe\^[S^Q__ MZP cM‘Q^’
9UM’"GTUOWZQ__#
;>A6?
>C$8C
G60.*)
-’)2Y B9
FUXbQ^‘[cZ GaZZQX
6‘WUZ_ ?‘P6‘WUZ_ ?‘P
?[S C^UZ‘ 9M‘Q 6ZP GUYQ3 *1()/(+)*. *.3+,3,2
.,2,/-’-- :% *02/20’,/ A AM‘U[ZMX <^UPIQ^‘UOMX
?[S OTQOWQP Ne3 F; ),()/(+)*.
<1
*’))
*’+)
,’2)
"*’))#
")’+)#
"+’0)#
"*’*)#
,’)2
+’12
)’*2
7 +
7 ,
9 .7 /
9 0
7 1
9 2
9 *)
7 **
9 *+
9 *,7 *-
HG;7 *.
)’.)
*’))
*’+)&*’/.*’+)&*’0)
*’.)
+’+)&+’0)
+’.)
+’0)&,’*.
,’+)&,’0)
,’2)
-’+)&-’.)-’+)&-’0)
-’0)-’0)&.’))
*)) *)) 7X[c_% )! EQO[bQ^e
FCG A5-,*’+)
FCG .)(/.YY+’0)
FCG .)(/)YY-’+)
*’/.
+’1/
-’,-
@69: <EBHA93 9M^W N^[cZ _XUST‘Xe _UX‘e S^MbQXXe RUZQ ‘[ O[M^_Q _MZP’<^MbQX _UfQP R^MSYQZ‘_ M^Q MZSaXM^ ‘[ _aN^[aZPQP RUZQ ‘[ O[M^_Q [R N^UOW%RXUZ‘% O[ZO^Q‘Q% O[MX MZP ^M^Q OQ^MYUO_’"@MPQ <^[aZP#
M‘ )’1)Y [^MZSQ \XM_‘UO ZQ‘X[Z YM^WQ^
@69: <EBHA93 9QZ_Q NXMOW MZP N^[cZ S^MbQXXe M_T’ <^MbQX _UfQP R^MSYQZ‘_M^Q _aNMZSaXM^ ‘[ _aN^[aZPQP RUZQ ‘[ O[M^_Q [R N^UOW% OXUZWQ^% RXUZ‘ MZPO[ZO^Q‘Q’"@MPQ <^[aZP#
@69: <EBHA93 IQ^e PQZ_Q PM^W N^[cZ NXMOW _MZPe S^MbQXXe M_T’ <^MbQX _UfQPR^MSYQZ‘_ M^Q _aNMZSaXM^ ‘[ _aN^[aZPQP RUZQ ‘[ O[M^_Q [R N^UOW MZPO[ZO^Q‘Q’ FMZP _UfQP R^MSYQZ‘_ M^Q RUZQ ‘[ O[M^_Q’"@MPQ <^[aZP#
R^[Y +’*)Y ‘[ ,’-)Y TeP^[OM^N[Z [P[a^ Z[‘Q_ "6‘WUZ_ Z[‘Q#
@69: <EBHA93 F[R‘ XUST‘ N^[cZU_T S^Qe _MZPe S^MbQXXe OXMe’ <^MbQX _UfQPR^MSYQZ‘_ M^Q _aNMZSaXM^ ‘[ _aN^[aZPQP RUZQ ‘[ O[M^_Q [R RXUZ‘’"@MPQ <^[aZP#
FTQQ‘ * [R .
9Q_O^U\‘U[Z [R F‘^M‘M ?QSQZP 9Q\‘T?QbQX9M‘aY FMY\XUZS
9Q‘MUX_>Z FU‘a GQ_‘ >Z_‘MXX&
M‘U[Z
ABG:F3 6XX PQ\‘T_ UZ YQ‘^Q_% MXX PUMYQ‘Q^_ UZ YUXXUYQ‘^Q_’FQQ TQMPQ^ _TQQ‘ R[^ PQ‘MUX_ [R N[^UZS%
=[XQ >9’
9Q‘MUX_
7X[c 8[aZ‘ 6ZP
C^[VQO‘ A[’
G8E F8E ED9
:Y\X[eQ^:ZSUZQQ^
8[[^PUZM‘Q_<^[aZP ?QbQX
:d\X[^M‘[^e =[XQ ?[SC^[VQO‘ AMYQ
=[XQ Ge\Q >ZOXUZM‘U[Z
;[^Y A[’ F>:KC=B?:?B< >__aQ’EQbU_U[Z A[’ *’)/ >__aQ 9M‘Q +)()2(+)*, CM^‘ [R ‘TQ 7MOTe F[XQ‘MZOTQ <^[a\
FMY\XQ EQO[bQ^e
;[^ PQ‘MUX_ [R MNN^QbUM‘U[Z_% _QQ WQe\^[S^Q__ MZP cM‘Q^’
9UM’"GTUOWZQ__#
;>A6?
>C$8C
G60.*)
-’)2Y B9
FUXbQ^‘[cZ GaZZQX
6‘WUZ_ ?‘P6‘WUZ_ ?‘P
?[S C^UZ‘ 9M‘Q 6ZP GUYQ3 *1()/(+)*. *.3+,3--
.,2,/-’-- :% *02/20’,/ A AM‘U[ZMX <^UPIQ^‘UOMX
?[S OTQOWQP Ne3 F; ),()/(+)*.
<1
".’0)#
HG -,
9 --HG -.
9 -/9 -07 -1
HG -2
9 .)7 .*
9 .+7 .,
HG .-
9 ..HG ./
9 .09 .17 .2
HG /)
*.’,)&*.’0.
*.’0.*.’1)&*/’+.
*/’+.*/’,)&*/’0.*/’,)&*/’1)
*/’1)&*0’+.
*0’+.*0’,)&*0’1)
*0’1)&*1’+.*0’1)&*1’,)
*1’,)&*1’0.
*1’0.*1’1)&*2’+.
*2’+.*2’,)&*2’0.*2’,)&*2’1)
*2’1)&+)’*.
*))
*))
*))
*))
*))
*))
0) 7X[c_% *))! EQO[bQ^e
0) 7X[c_% /0! EQO[bQ^e
0. 7X[c_% 12! EQO[bQ^e
1. 7X[c_% *))! EQO[bQ^e
*)) 7X[c_% 12! EQO[bQ^e
*)) 7X[c_% 01! EQO[bQ^e
FCG A5+.*/’,)
FCG A5+/*0’1)
FCG A5,)*2’,)
*/’0.
*1’+.
*2’0.
IQ^e _‘URR RU__a^QP PM^W N^[cZU_T S^Qe _UX‘e _MZPe YUOMOQ[a_ 8?6L’;U__a^Q_ M^Q OX[_QXe ‘[ Qd‘^QYQXe OX[_QXe _\MOQP \XMZM^ ‘[ Oa^bU\XMZM^cU‘T _UX‘e [OOM_U[ZMXXe \[XU_TQP _a^RMOQ_’ ;^Q]aQZ‘ XQZ_Q_ MZP Na^^[c_"4+YY# UZRUXXQP cU‘T XUST‘ S^Qe _UX‘e OXMe’"?[ZP[Z 8XMe ;[^YM‘U[Z#
M‘ *0’))Y XMYUZM‘U[Z_
NQX[c *0’+.Y ‘TUZXe XMYUZM‘QP cU‘T ^M^Q a\ ‘[ +YY PUMYQ‘Q^ Z[PaXQ_[R OXMe_‘[ZQ
FTQQ‘ - [R .
1HZL?PWL
58=0;
B0,*&%
%’$&’$’%&))#)&T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’,/’+
*(.(--#)( 4" &,.,),#%( = =H[PVUHS 6YPK&+$%&$’%&*
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6.
%#%% &#’% 8? %’$&’$’%&) %’$&’$’%&) 22$4; <6 =0 =0 7HUK BVVSZ&#’% &-#%% 2? %($&’$’%&) %-$&’$’%&) 22$4; <6 =0 =0 3HUKV (%%%
&-#%% (*#’% @2 %-$%&$’%&* &+$%&$’%&* 9< 37 6LVIVYL ?23 3LS[HIHZL *’%
.#*% %& A?84 .#%% &%#%%
(#&% (#(% =@ %%(% 2OPZLSSPUN
&-#%% &.#%% <\K .* 6YL‘&.#%% ’%#’% <\K (* 6YL‘’%#’% ’%#*% <\K (% 6YL‘’%#*% ’&#*% <\K % =0’&#*% ’’#%% <\K ’% 6YL‘’’#%% ’(#%% <\K -% 6YL‘’(#%% ’)#%% <\K ,* 6YL‘’)#%% ’+#%% <\K +% 6YL‘’+#%% ’,#%% <\K (% 6YL‘’,#%% ’.#(% <\K .% 6YL‘’.#(% ’.#+* <\K -% 6YL‘’.#+* (%#+* <\K +% 6YL‘(%#+* (’#%% <\K -% 6YL‘(’#%% (’#,% <\K .% 6YL‘(’#,% (*#’% <\K -% 6YL‘
%& %#%% .#*% &. ?SHPU %#%% %#*% 2VUJYL[L%#*% .#%% 1LU[VUP[L.#%% &%#%% AHUK IHJRMPSS
&%#%% (*#’% 1LU[VUP[L
%($&’$’%&) &)%* *#%% )#-* * *#%% =@%($&’$’%&) &)%* *#%% )#-* &% *#%% =@%($&’$’%&) &)%* *#%% )#-* &* =@ =@%($&’$’%&) &)%* *#%% )#-* ’% *#%% =@%)$&’$’%&) %.(* ,#-% +#’% * ,#-% =@%)$&’$’%&) %.(* ,#-% +#%% &% ,#-% =@%)$&’$’%&) %.(* ,#-% *#.% &* ,#-% =@%)$&’$’%&) %.(* ,#-% *#.% ’% ,#-% =@
’*%’%%
,#%%&-#%%
’*%’%%
,#’%&+#*%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
,+’)) -’)) 9XN YP ERSP]*/()*(+)*. )0)) ,+’)) ,+’)) ,’*) E]K[] YP ERSP]*/()*(+)*. */)) ,.’+) ,.’+) *-’)) 9XN YP <YVO
*’.) ECF"7# A4+* ",%-%-%/%-%0# 5D12 /0 *’.) 8DJ+’.) ECF"7# A4+) "*+%+%-%/%-%/# 5D12 /0 +’.) 8DJ-’.) ECF A4*) "*%*%+%+%,%,# 5D12 /0 ,’.) 8DJ.’.) ECF A4*, "*%+%,%,%,%-# 5D12 /0 .’.) .’))0’-) ECF A42 "*%*%+%+%+%,# 5D12 /0 0’-) 8DJ1’)) ECF"7# A4*1 "+%-%-%.%.%-# 5D12 /0 1’)) /’))2’.) ECF"7# A4+0 ",%.%/%/%0%1# 5D12 /0 2’.) /’0)
**’)) ECF"7# A4*1 ",%-%-%-%/%-# 5D12 /0 **’)) /’+)*+’.) ECF"7# A4*1 ",%,%-%-%-%/# 5D12 /0 *+’.) 0’))*-’)) ECF"7# A4+ ")%*%)%*%)%*# 5D12 /0 *-’)) /’))*.’.) ECF"7# A4*1 "+%+%,%,%-%1# 5D12 /0 *.’.) /’/)*/’*) ECF A4+* "+%,%-%.%/%/# 5D12 /0 */’)) 0’+)*2’)) ECF A4-) "/%1%1%*)%*)%*+# 78/* .1 */’.) ,’0)+*’.) ECF .)(2)WW "2%*/%+/%+-(*.# 78/* .1 +*’.) /’.)++’)) ECF .)(*-.WW "*)%*.(/)%+.%+.(0)# 78/* .1 ++’)) /’1)+,’)) ECF *))(/)WW "/%*2(/.%*))(/)# 78/* .1 +,’)) *’))+-’)) ECF .)(-.WW "2%*/(.)%.)(-.# 78/* .1 +,’)) /’1)+.’)) ECF .)(*).WW "*)%*.(/.%+/%+-(,)# 78/* .1 +.’)) /’.)+/’)) ECF *))(*1.WW "/%**%++%-)%,1(,.# 78/* .1 +/’)) /’.)+0’)) ECF *))(*0)WW "2%*.%,/%-)%+-(+)# 78/* .1 +0’)) 1’))+1’+) ECF .)(+-)WW "*)%*+%*.%*,%*.%0(*.# 78/* .1 +1’+) *’))+2’/. ECF .)(++)WW "1%1%*,%*-%+,(0)# 78/* .1 +2’/. *,’+),)’/. ECF .)(..WW "0%*1(,.%.)(..# 78/* .1 ,)’/. +’-),*’.) ECF .)(*,.WW "*)%*+%+,%+0(/)# 78/* .1 ,*’.) ,’,),+’0) ECF .)(*0)WW "0%*+%+)%+.%.(+)# 78/* .1 ,+’0) +’1),,’0) ECF .)(*+.WW "*)%*.%+/%+-(.)# 78/* .1 ,,’0) -’)),.’)) ECF .)(*2.WW "1%*0%*0%*0%*/(-.# 78/* .1 ,.’+) *-’))
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
)+(*+(+)*--’-*W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+03,)
.,2,11’-, 9% *020-0’), A AK]SYXKV ;[SN*/()*(+)*.
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;2
*’+. *’,* /)WW MYXM[O]O \VKL’
)+(*+(+)*- )0,) )’)) & AD E]K[] YP <YVO)+(*+(+)*- *1)) *’+) & 8DJ 9XN YP =C),(*+(+)*- )0,) *’+) & AD E]K[] YP 7C),(*+(+)*- *1)) 0’)) 0’)) /’-) 9XN YP ERSP])-(*+(+)*- )0,) 0’)) 0’)) /’-) E]K[] YP ERSP])-(*+(+)*- *1)) *-’)) *-’)) /’-) 9XN YP ERSP]).(*+(+)*- )0,) *-’)) *-’)) .’0) E]K[] YP ERSP]).(*+(+)*- *1)) */’.) */’.) 0’0) 9XN YP ERSP])1(*+(+)*- )0,) */’.) */’.) .’2) E]K[] YP ERSP])1(*+(+)*- *1)) *1’)) */’.) 1’1) 9XN YP 7C)1()*(+)*. )0)) *1’)) *1’)) ,’0) E]K[] YP ERSP])1()*(+)*. *1)) +)’.) +)’.) -’1) 9XN YP ERSP])2()*(+)*. )0)) +)’.) +)’.) -’1) E]K[] YP ERSP])2()*(+)*. *.,) ++’)) ++’)) -’1) 9XN YP ERSP]*+()*(+)*. )0)) ++’)) +*’)) /’1) E]K[] YP ERSP]*+()*(+)*. *1)) +,’)) +,’)) 0’,) 9XN YP ERSP]*,()*(+)*. )0)) +,’)) +,’)) AD E]K[] YP ERSP]*,()*(+)*. *1)) +0’)) +0’)) 1’)) 9XN YP ERSP]*-()*(+)*. )0)) +0’)) +0’)) 0’*) E]K[] YP ERSP]*-()*(+)*. *1)) +1’/. +1’/. *’)) 9XN YP ERSP]*.()*(+)*. )0)) +1’/. +1’/. +’+) E]K[] YP ERSP]*.()*(+)*. *1)) ,+’))
9R‘P_V]aV\[ \S Fa_NaN ?RTR[Q 9R]aU?RcRY9NabZ FNZ]YV[T
9RaNVY‘>[ FVab GR‘a >[‘aNYY&
NaV\[
ABG:F3 6YY QR]aU‘ V[ ZRa_R‘% NYY QVNZRaR_‘ V[ ZVYYVZRa_R‘’FRR URNQR_ ‘URRa S\_ QRaNVY‘ \S O\_V[T%
=\YR >9’
9RaNVY‘
7Y\d 8\b[a 6[Q
C_\WRPa A\’
G8E F8E ED9
:Z]Y\fR_:[TV[RR_
8\\_QV[NaR‘<_\b[Q ?RcRY
:e]Y\_Na\_f =\YR ?\TC_\WRPa ANZR
=\YR Gf]R >[PYV[NaV\[
;\_Z A\’ F>:KC=B?:?B< >‘‘bR’ERcV‘V\[ A\’ *’)/ >‘‘bR 9NaR +)()2(+)*, CN_a \S aUR 7NPUf F\YRaN[PUR <_\b]
FNZ]YR ERP\cR_f
;\_ QRaNVY‘ \S NOO_RcVNaV\[‘% ‘RR XRf]_\T_R‘‘ N[Q dNaR_’
9VN’"GUVPX[R‘‘#
;>A6?
>C$8C$E8
G60.*)
-’-*Z B9
FVYcR_a\d[ Gb[[RY
6aXV[‘ ?aQ6aXV[‘ ?aQ
?\T C_V[a 9NaR 6[Q GVZR3 *1()/(+)*. *.3+03-)
.,2,11’-, :% *020-0’), A ANaV\[NY <_VQIR_aVPNY
?\T PURPXRQ Of3 F; ),()/(+)*.
>;
<2
"1’+)#
9 ,,
9 ,-7 ,.
9 ,/
9 ,07 ,1
9 ,2
9 -)7 -*
*)’.)
**’))**’))
*+’))
*+’.)*+’.)
*,’.)
*-’))*-’))
FCG"8# A5*1**’))
FCG"8# A5*1*+’.)
FCG"8# A5+*-’))
**’-.
*+’2.
*-’-.
@RQVbZ QR[‘R T_RfV‘U O_\d[ cR_f ‘N[Qf <E6I:?’ <_NcRY V‘ ‘bON[TbYN_ a\‘bO_\b[QRQ SV[R a\ P\N_‘R \S SYV[a’ FN[Q V‘ SV[R a\ P\N_‘R’"EVcR_ GR__NPR 9R]\‘Va‘#
FURRa , \S 1
9R‘P_V]aV\[ \S Fa_NaN ?RTR[Q 9R]aU?RcRY9NabZ FNZ]YV[T
9RaNVY‘>[ FVab GR‘a >[‘aNYY&
NaV\[
ABG:F3 6YY QR]aU‘ V[ ZRa_R‘% NYY QVNZRaR_‘ V[ ZVYYVZRa_R‘’FRR URNQR_ ‘URRa S\_ QRaNVY‘ \S O\_V[T%
=\YR >9’
9RaNVY‘
7Y\d 8\b[a 6[Q
C_\WRPa A\’
G8E F8E ED9
:Z]Y\fR_:[TV[RR_
8\\_QV[NaR‘<_\b[Q ?RcRY
:e]Y\_Na\_f =\YR ?\TC_\WRPa ANZR
=\YR Gf]R >[PYV[NaV\[
;\_Z A\’ F>:KC=B?:?B< >‘‘bR’ERcV‘V\[ A\’ *’)/ >‘‘bR 9NaR +)()2(+)*, CN_a \S aUR 7NPUf F\YRaN[PUR <_\b]
FNZ]YR ERP\cR_f
;\_ QRaNVY‘ \S NOO_RcVNaV\[‘% ‘RR XRf]_\T_R‘‘ N[Q dNaR_’
9VN’"GUVPX[R‘‘#
;>A6?
>C$8C$E8
G60.*)
-’-*Z B9
FVYcR_a\d[ Gb[[RY
6aXV[‘ ?aQ6aXV[‘ ?aQ
?\T C_V[a 9NaR 6[Q GVZR3 *1()/(+)*. *.3+03-*
.,2,11’-, :% *020-0’), A ANaV\[NY <_VQIR_aVPNY
?\T PURPXRQ Of3 F; ),()/(+)*.
>;
<2
*/’))
*1’))
*2’))
*2’-.
*2’2)
"+’))#
"*’))#
")’-.#
")’-.#
&**’.2
&*,’.2
&*-’.2
&*.’)-
&*.’-2
9 -+
7 -,
9 --
9 -.7 -/
HG -0
9 -1HG -2
9 .)
9 .+
9 .,
*1’))
*2’))
*.’))
*.’.)
*/’))
*/’*)*/’*)&*/’.)
*0’))&*0’-.
*0’.)*0’.)&*0’2.
*1’))
*2’))&*2’-.
*2’0-&*2’2)
*2’))
+)’+)
*))
*))
*)+
*)+
*))
/,
A6
A6
/2 7Y\d‘% /0! ERP\cR_f
0* 7Y\d‘% /0! ERP\cR_f
A6
A6
FCG"8# A5*1*.’.)
FCG A5+**/’*)
FCG A5-)*2’))
*.’2.
*/’..
*2’-.
@RQVbZ QR[‘R T_RfV‘U O_\d[ cR_f ‘N[Qf <E6I:?’ <_NcRY V‘ ‘bON[TbYN_ a\‘bO_\b[QRQ SV[R a\ P\N_‘R \S SYV[a’ FN[Q V‘ SV[R a\ P\N_‘R’"EVcR_ GR__NPR 9R]\‘Va‘#
Na *.’.)Z ‘N[Qf T_NcRY
;V_Z a\ ‘aVSS T_Rf ‘YVTUaYf ‘VYaf SV‘‘b_RQ YNZV[NaRQ 8?6L’ ;V‘‘b_R‘ N_RPY\‘RYf a\ Rea_RZRYf PY\‘RYf ‘]NPRQ ]YN[N_ a\ Pb_cV]YN[N_ dVaU ‘VYaf‘b_SNPR‘’"?\[Q\[ 8YNf ;\_ZNaV\[#
S_\Z *0’.)Z a\ *1’))Z V[SVYYRQ Ob__\d‘ "*ZZ e .ZZ# dVaU YVTUa T_Rf‘VYaf PYNf
FaVSS SV‘‘b_RQ T_RfV‘U O_\d[ ‘YVTUaYf ‘N[Qf ‘VYaf ZVPNPR\b‘ 8?6L dVaU _N_RdUVaR ‘VYa abOR‘ "4*ZZ e -ZZ#’ ;V‘‘b_R‘ N_R ]_RQ\ZV[N[aYf /)&2) QRT_RR‘N[Q )&+) QRT_RR‘ ]YN[N_ Y\PNYYf Pb_cRQ ‘Z\\aU Y\PNYYf ]\YV‘URQ’ FN[Q V‘SV[R’"?\[Q\[ 8YNf ;\_ZNaV\[#
S_\Z *1’))Z a\ *1’+)Z Q_VYYV[T QV‘ab_ORQ "_RP\cR_RQ N‘ ‘\Sa a\SV_Z#S_\Z *1’-1Z a\ *1’.+Z + A\ S_NTZR[a‘ \S OYNPX YVT[VaR "4+ZZ e /ZZ#S_\Z *1’.+Z ‘N[Qf
6‘‘bZRQ g\[R \S P\_R Y\‘‘’ "?\TTRQ S_\Z FCG ‘NZ]YR# FaVSS V[QV‘aV[PaYfSV‘‘b_RQ T_RfV‘U O_\d[ ‘N[Qf ‘VYaf ZVPNPR\b‘ 8?6L dVaU _N_R Y\PNYYf ‘\ZRdUVaR ‘VYa abOR‘ "4*ZZ e .ZZ#’"?\[Q\[ 8YNf ;\_ZNaV\[#
FaVSS V[QV‘aV[PaYf SV‘‘b_RQ T_RfV‘U O_\d[ ‘N[Qf ‘VYaf 8?6L dVaU N SRd_\b[QRQ SV[R a\ P\N_‘R T_NcRY ‘VgRQ S_NTZR[a‘ \S ]f_VaV‘RQ YVT[VaR’"?\[Q\[ 8YNf ;\_ZNaV\[#
S_\Z *2’/1Z a\ *2’0*Z dVaU ‘\ZR SV[R a\ P\N_‘R T_NcRY ‘VgRQ dUVaR‘URYY S_NTZR[a‘
FURRa - \S 1
6‘‘bZRQ g\[R \S P\_R Y\‘‘ S_\Z +,’))Z a\ +,’+)Z’ "9R‘P_V]aV\[ S_\Z FCG‘NZ]YR# IR_f QR[‘R O_\d[V‘U T_Rf ‘YVTUaYf T_NcRYYf ‘YVTUaYf ‘VYaf SV[R a\ZRQVbZ F6A9’ <_NcRY V‘ N[TbYN_ ZRQVbZ \S OYNPX SYV[a’"=N_dVPU ;\_ZNaV\[#
IR_f QR[‘R O_\d[V‘U T_Rf ‘YVTUaYf T_NcRYYf ‘VYaf SV[R a\ ZRQVbZ F6A9’<_NcRY V‘ _\b[QRQ SV[R \S OYNPX SYV[a’"=N_dVPU ;\_ZNaV\[#
6‘‘bZRQ g\[R \S P\_R Y\‘‘ S_\Z +-’))Z a\ +-’*0Z’ "9R‘P_V]aV\[ S_\Z FCG‘NZ]YR# IR_f QR[‘R O_\d[V‘U T_Rf ‘YVTUaYf ‘VYaf SV[R a\ ZRQVbZ F6A9’"J\\YdVPU ;\_ZNaV\[ & ?NZV[NaRQ 7RQ‘#
FURRa . \S 1
9R‘P_V]aV\[ \S Fa_NaN ?RTR[Q 9R]aU?RcRY9NabZ FNZ]YV[T
9RaNVY‘>[ FVab GR‘a >[‘aNYY&
NaV\[
ABG:F3 6YY QR]aU‘ V[ ZRa_R‘% NYY QVNZRaR_‘ V[ ZVYYVZRa_R‘’FRR URNQR_ ‘URRa S\_ QRaNVY‘ \S O\_V[T%
=\YR >9’
9RaNVY‘
7Y\d 8\b[a 6[Q
C_\WRPa A\’
G8E F8E ED9
:Z]Y\fR_:[TV[RR_
8\\_QV[NaR‘<_\b[Q ?RcRY
:e]Y\_Na\_f =\YR ?\TC_\WRPa ANZR
=\YR Gf]R >[PYV[NaV\[
;\_Z A\’ F>:KC=B?:?B< >‘‘bR’ERcV‘V\[ A\’ *’)/ >‘‘bR 9NaR +)()2(+)*, CN_a \S aUR 7NPUf F\YRaN[PUR <_\b]
FNZ]YR ERP\cR_f
;\_ QRaNVY‘ \S NOO_RcVNaV\[‘% ‘RR XRf]_\T_R‘‘ N[Q dNaR_’
9VN’"GUVPX[R‘‘#
;>A6?
>C$8C$E8
G60.*)
-’-*Z B9
FVYcR_a\d[ Gb[[RY
6aXV[‘ ?aQ6aXV[‘ ?aQ
?\T C_V[a 9NaR 6[Q GVZR3 *1()/(+)*. *.3+03-,
.,2,11’-, :% *020-0’), A ANaV\[NY <_VQIR_aVPNY
?\T PURPXRQ Of3 F; ),()/(+)*.
>;
<2
+)’+)
+)’0.
+*’.)
++’))
+,’))
+,’2)
+-’))
+-’1.
")’,)#
")’..#
")’0.#
")’.)#
"*’))#
")’2)#
")’1.#
&*.’02
&*/’,-
&*0’)2
&*0’.2
&*1’.2
&*2’-2
&*2’.2
&+)’--
9 .-
9 ..
9 ./
9 .0
+)’+)
+)’.)
+*’.)
++’))
+,’))
+-’))
+*’.)&+*’0-
++’)) +,’--
+,’))&+,’+)
+-’))&+-’*0
+)’.)
+*’.)
++’))
+,’))
+-’))
+.’))
*)+
*)+
*)+
*)+
*)+
*)+
,,
+.
)
)
*)
*.
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
FCG .)(2)ZZ+*’.)
FCG .)(*-.ZZ++’))
FCG *))(/)ZZ+,’))
FCG .)(-.ZZ+-’))
+*’0-
++’+1
+,’+)
+-’*0
IR_f ‘aVSS O_\d[V‘U T_Rf ‘N[Qf 8?6L dVaU \PPN‘V\[NY SV[R a\ ZRQVbZ T_NcRY‘VgRQ dUVaR ‘URYY‘ N[Q ‘URYY S_NTZR[a‘’ "=N_dVPU ;\_ZNaV\[#
7_\d[V‘U T_Rf T_NcRYYf cR_f ‘VYaf SV[R F6A9’ <_NcRY V‘ ‘bO_\b[QRQ a\_\b[QRQ SV[R a\ ZRQVbZ \S OYNPX SYV[a’"=N_dVPU ;\_ZNaV\[#
S_\Z +)’+)Z a\ +)’-)Z N‘‘bZRQ g\[R \S P\_R Y\‘‘
S_\Z +)’.)Z a\ +)’0.Z ‘YVTUaYf T_NcRYYf
Na +)’0+Z * A\ dUVaR OVcNYcR ‘URYY _VOORQ ".1ZZ e ,)ZZ#
6‘‘bZRQ g\[R \S P\_R Y\‘‘’"=N_dVPU ;\_ZNaV\[#
M\[R \S [\ _RP\cR_f S_\Z +*’.)Z a\ +*’0-Z’ "9R‘P_V]aV\[ S_\Z FCG ‘NZ]YR#IR_f QR[‘R O_\d[V‘U T_Rf ‘YVTUaYf T_NcRYYf SV[R a\ ZRQVbZ F6A9’ <_NcRY V‘N[TbYN_ SV[R \S OYNPX SYV[a’"=N_dVPU ;\_ZNaV\[#
M\[R \S [\ _RP\cR_f S_\Z ++’))Z a\ ++’+1Z’ "9R‘P_V]aV\[ S_\Z FCG ‘NZ]YR#IR_f QR[‘R O_\d[V‘U T_Rf ‘YVTUaYf T_NcRYYf ‘VYaf SV[R a\ ZRQVbZ F6A9’<_NcRY V‘ N[TbYN_ SV[R a\ ZRQVbZ \S OYNPX SYV[a’"=N_dVPU ;\_ZNaV\[#
6‘‘bZRQ g\[R \S P\_R Y\‘‘ S_\Z +.’))Z a\ +.’++Z’ "9R‘P_V]aV\[ S_\Z FCG‘NZ]YR# IR_f QR[‘R O_\d[V‘U T_Rf PYNfRf SV[R a\ ZRQVbZ F6A9 dVaU _N_R SV[RT_NcRY ‘VgRQ dUVaR ‘URYY S_NTZR[a‘’"J\\YdVPU ;\_ZNaV\[ & ?NZV[NaRQ 7RQ‘#
IR_f QR[‘R O_\d[V‘U T_Rf PYNfRf Y\PNYYf cR_f PYNfRf SV[R a\ ZRQVbZ F6A9dVaU N SRd SV[R a\ ZRQVbZ T_NcRY ‘VgRQ dUVaR ‘URYY S_NTZR[a‘’"J\\YdVPU ;\_ZNaV\[ & ?NZV[NaRQ 7RQ‘#
S_\Z +.’-+Z dVaU + A\ ‘bON[TbYN_ a\ ‘bO_\b[QRQ SV[R a\ ZRQVbZT_NcRY ‘VgRQ S_NTZR[a‘ \S OYNPX YVT[VaR N[Q ]f_VaV‘RQ YVT[VaR
S_\Z +.’2*Z a\ +/’))Z N‘‘bZRQ g\[R \S P\_R Y\‘‘
6‘‘bZRQ g\[R \S P\_R Y\‘‘ S_\Z +/’))Z a\ +/’,-Z’ 9R‘P_V]aV\[ S_\Z FCG‘NZ]YR# IR_f QR[‘R V[QV‘aV[PaYf YNZV[NaRQ O_\d[ N[Q O_\d[V‘U T_Rf PYNfRfY\PNYYf cR_f PYNfRf SV[R a\ ZRQVbZ F6A9 dVaU ‘\ZR V[aR_YNZV[NaV\[‘ \SO_\d[ SV[R a\ ZRQVbZ ‘N[Q dVaU N SRd ‘bO_\b[QRQ SV[R a\ ZRQVbZ T_NcRY‘VgRQ S_NTZR[a‘ \S OYNPX YVT[VaR N[Q _N_R SV[R a\ ZRQVbZ T_NcRY ‘VgRQdUVaR ‘URYY S_NTZR[a‘’"J\\YdVPU ;\_ZNaV\[ & ?NZV[NaRQ 7RQ‘#
IR_f QR[‘R Y\PNYYf V[QV‘aV[PaYf YNZV[NaRQ ‘VYaf Y\PNYYf cR_f ‘VYaf SV[R a\ZRQVbZ F6A9 dVaU _N_R SV[R T_NcRY ‘VgRQ ‘URYY S_NTZR[a‘’"J\\YdVPU ;\_ZNaV\[ & ?NZV[NaRQ 7RQ‘#
S_\Z +/’2)Z a\ +/’2-Z * A\ cR_f aUV[ ORQ \S aUV[Yf N[Q aUVPXYfYNZV[NaRQ QN_X O_\d[V‘U T_Rf ‘VYaf PYNf dVaU Rea_RZRYf PY\‘RYf‘]NPRQ aUV[ V[aR_YNZV[NaV\[‘ \S O_\d[ ‘N[Qf PYNf
S_\Z +0’,1Z dVaU cR_f PY\‘RYf a\ PY\‘RYf ‘]NPRQ aUV[ N[Q aUVPXYNZV[NaV\[‘ \S QN_X O_\d[ PYNf
FaVSS Y\PNYYf V[QV‘aV[PaYf YNZV[NaRQ QN_X T_Rf ‘YVTUaYf ‘N[Qf Y\PNYYf‘N[Qf 8?6L dVaU ‘\ZR Y\PNYYf S_R^bR[a SV[R a\ P\N_‘R T_NcRY ‘VgRQ dUVaR‘URYY S_NTZR[a‘’ FN[Q V‘ SV[R a\ ZRQVbZ’"J\\YdVPU ;\_ZNaV\[ & ?NZV[NaRQ 7RQ‘#
FaVSS Y\PNYYf SV_Z O_\d[V‘U T_Rf Y\PNYYf ‘N[Qf 8?6L dVaU S_R^bR[a Y\PNYYfNOb[QN[a SV[R a\ P\N_‘R T_NcRY ‘VgRQ dUVaR ‘URYY S_NTZR[a‘’ FN[Q V‘ SV[Ra\ ZRQVbZ’"J\\YdVPU ;\_ZNaV\[ & ?\dR_ FURYYf 7RQ‘#
6‘‘bZRQ g\[R \S P\_R Y\‘‘’"J\\YdVPU ;\_ZNaV\[ & ?\dR_ FURYYf 7RQ‘#
6‘‘bZRQ g\[R \S P\_R Y\‘‘’"J\\YdVPU ;\_ZNaV\[ & ?\dR_ FURYYf 7RQ‘#
FaVSS SV‘‘b_RQ T_Rf 8?6L dVaU NOb[QN[a SV[R a\ P\N_‘R T_NcRY ‘VgRQ dUVaRN[Q O_\d[ ‘URYY S_NTZR[a‘’ ;V‘‘b_R‘ N_R _N[Q\ZYf \_VR[aNaRQ Rea_RZRYfPY\‘RYf a\ cR_f PY\‘RYf ‘]NPRQ Pb_cRQ ‘Z\\aU Y\PNYYf ]\YV‘URQ’
FURRa / \S 1
9R‘P_V]aV\[ \S Fa_NaN ?RTR[Q 9R]aU?RcRY9NabZ FNZ]YV[T
9RaNVY‘>[ FVab GR‘a >[‘aNYY&
NaV\[
ABG:F3 6YY QR]aU‘ V[ ZRa_R‘% NYY QVNZRaR_‘ V[ ZVYYVZRa_R‘’FRR URNQR_ ‘URRa S\_ QRaNVY‘ \S O\_V[T%
=\YR >9’
9RaNVY‘
7Y\d 8\b[a 6[Q
C_\WRPa A\’
G8E F8E ED9
:Z]Y\fR_:[TV[RR_
8\\_QV[NaR‘<_\b[Q ?RcRY
:e]Y\_Na\_f =\YR ?\TC_\WRPa ANZR
=\YR Gf]R >[PYV[NaV\[
;\_Z A\’ F>:KC=B?:?B< >‘‘bR’ERcV‘V\[ A\’ *’)/ >‘‘bR 9NaR +)()2(+)*, CN_a \S aUR 7NPUf F\YRaN[PUR <_\b]
FNZ]YR ERP\cR_f
;\_ QRaNVY‘ \S NOO_RcVNaV\[‘% ‘RR XRf]_\T_R‘‘ N[Q dNaR_’
9VN’"GUVPX[R‘‘#
;>A6?
>C$8C$E8
G60.*)
-’-*Z B9
FVYcR_a\d[ Gb[[RY
6aXV[‘ ?aQ6aXV[‘ ?aQ
?\T C_V[a 9NaR 6[Q GVZR3 *1()/(+)*. *.3+03-/
.,2,11’-, :% *020-0’), A ANaV\[NY <_VQIR_aVPNY
?\T PURPXRQ Of3 F; ),()/(+)*.
>;
<2
+.’))
+.’++
+/’))
+/’0)
+1’),
+1’.*
+1’22
+2’,)
+2’/.
")’++#
")’01#
")’0)#
"*’,,#
")’-1#
")’-1#
")’,*#
")’,.#
&+)’.2
&+)’1*
&+*’.2
&++’+2
&+,’/+
&+-’*)
&+-’.1
&+-’12
&+.’+-
9 .1
9 .2
9 /)
9 /+
9 /,
+.’))
+.’.)
+/’))
+0’))
+1’+)
+1’/.
+2’,)
+.’))&+.’++
+/’))&+/’,-
+0’)) +0’,+
+1’+) +1’.2
+2’/.&,)’*)
+.’.)
+/’))
+0’))
+1’+)
+1’/.
+2’,)
+2’2.
*)+
*)+
*)+
*)+
*)+
*)+
*)+
--
1+
,)
21
1,
.+
)
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
FCG .)(*).ZZ+.’))
FCG *))(*1.ZZ+/’))
FCG *))(*0)ZZ+0’))
FCG .)(+-)ZZ+1’+)
FCG .)(++)ZZ+2’/.
+.’+.
+/’,-
+0’,+
+1’.2
,)’)+
IR_f QR[‘R O_\d[V‘U T_Rf ‘VYaf SV[R a\ ZRQVbZ F6A9’ "J\\YdVPU ;\_ZNaV\[ &?NZV[NaRQ 7RQ‘#
IR_f QR[‘R \_N[TV‘U O_\d[ OYbV‘U T_RR[ Z\aaYRQ ‘VYaf Y\PNYYf cR_f ‘VYafSV[R a\ ZRQVbZ ]_RQ\ZV[N[aYf SV[R F6A9 dVaU N SRd Y\PNYYf ‘\ZR ‘bON[TbYN_SV[R a\ ZRQVbZ T_NcRY ‘VgRQ [\QbYR‘ \S P_RNZV‘U dUVaR PNYP_RaR’"ERNQV[T ;\_ZNaV\[ & ?\dR_ @\aaYRQ 8YNf#
S_\Z ,*’.)Z a\ ,*’/2Z N‘‘bZRQ g\[R \S P\_R Y\‘‘
S_\Z ,+’+1Z Y\PNYYf TYNbP\[VaVP
S_\Z ,+’-.Z a\ ,+’0)Z N‘‘bZRQ g\[R \S P\_R Y\‘‘
S_\Z ,+’0)Z dVaU cR_f PY\‘RYf aUVPX YNZV[NaV\[‘ \S ‘aVSSV[QV‘aV[PaYf SV‘‘b_RQ OYbV‘U T_Rf PYNf
Na ,,’+.Z * A\ _\b[QRQ SV[R T_NcRY \S O_\d[ SYV[a
S_\Z ,,’/)Z a\ ,,’0)Z * A\ aUV[ ORQ \S \_N[TV‘U O_\d[ cR_f ‘VYafSV[R ‘N[Q
IR_f QR[‘R OYbV‘U T_Rf Y\PNYYf Z\aaYRQ \_N[TV‘U O_\d[ ‘VYaf Y\PNYYf cR_f‘VYaf SV[R a\ ZRQVbZ ]_RQ\ZV[N[aYf SV[R F6A9’"ERNQV[T ;\_ZNaV\[ & ?\dR_ @\aaYRQ 8YNf#
S_\Z ,-’).Z a\ ,-’++Z * A\ aUV[ ORQ \S ‘N[Qf Y\PNYYf cR_f ‘N[QfPYNf
Na ,-’+.Z * A\ _\b[QRQ ZRQVbZ T_NcRY \S O_\d[ SYV[a
S_\Z ,-’,1Z \_N[TV‘U O_\d[ Z\aaYRQ OYbV‘U T_Rf
FURRa 0 \S 1
9R‘P_V]aV\[ \S Fa_NaN ?RTR[Q 9R]aU?RcRY9NabZ FNZ]YV[T
9RaNVY‘>[ FVab GR‘a >[‘aNYY&
NaV\[
ABG:F3 6YY QR]aU‘ V[ ZRa_R‘% NYY QVNZRaR_‘ V[ ZVYYVZRa_R‘’FRR URNQR_ ‘URRa S\_ QRaNVY‘ \S O\_V[T%
=\YR >9’
9RaNVY‘
7Y\d 8\b[a 6[Q
C_\WRPa A\’
G8E F8E ED9
:Z]Y\fR_:[TV[RR_
8\\_QV[NaR‘<_\b[Q ?RcRY
:e]Y\_Na\_f =\YR ?\TC_\WRPa ANZR
=\YR Gf]R >[PYV[NaV\[
;\_Z A\’ F>:KC=B?:?B< >‘‘bR’ERcV‘V\[ A\’ *’)/ >‘‘bR 9NaR +)()2(+)*, CN_a \S aUR 7NPUf F\YRaN[PUR <_\b]
FNZ]YR ERP\cR_f
;\_ QRaNVY‘ \S NOO_RcVNaV\[‘% ‘RR XRf]_\T_R‘‘ N[Q dNaR_’
9VN’"GUVPX[R‘‘#
;>A6?
>C$8C$E8
G60.*)
-’-*Z B9
FVYcR_a\d[ Gb[[RY
6aXV[‘ ?aQ6aXV[‘ ?aQ
?\T C_V[a 9NaR 6[Q GVZR3 *1()/(+)*. *.3+03.)
.,2,11’-, :% *020-0’), A ANaV\[NY <_VQIR_aVPNY
?\T PURPXRQ Of3 F; ),()/(+)*.
>;
<2
,)’.2
,*’,+
,,’0)
")’2-#
")’0,#
"+’,1#
"*’.)#
&+/’*1
&+/’2*
&+2’+2
9 /.
9 /0
9 /2
9 0*
+2’/.
+2’2.
,)’/.
,*’*.
,*’.)
,+’))
,+’0)
,,’0)
,-’,)
,)’/. ,)’1-
,*’.)&,*’02
,+’0)&,,’)+
,,’0)&,,’21
,)’/.
,)’/.
,*’*.
,*’.)
,+’))
,+’0)
,,’0)
,-’,)
,.’+)
*)+
*)+
*)+
*)+
*)+
*)+
*)+
*)+
*)+
1*
1*
2/
*))
/,
/-
1-
*))
2)
A6
)
A6
A6
A6
A6
A6
A6
A6
A6
)
A6
A6
A6
A6
A6
A6
A6
FCG .)(..ZZ,)’/.
FCG .)(*,.ZZ,*’.)
FCG .)(*0)ZZ,+’0)
FCG .)(*+.ZZ,,’0)
,)’1+
,*’02
,,’)+
,,’21
"J\\YdVPU ;\_ZNaV\[ & ?\dR_ FURYYf 7RQ‘#
FaVSS YVTUa T_RR[V‘U O_\d[ Z\aaYRQ OYbV‘U T_RR[ cR_f ‘N[Qf 8?6L dVaU\PPN‘V\[NY P\N_‘R T_NcRY ‘VgRQ ]\PXRa‘ \S PYNfRf SV[R a\ ZRQVbZ ‘N[Q’ FN[QV‘ SV[R a\ ZRQVbZ’"ERNQV[T ;\_ZNaV\[ & ?\dR_ @\aaYRQ 8YNf#
S_\Z ,)’/.Z a\ ,)’0,Z dVaU + A\ N[TbYN_ P\N_‘R T_NcRY ‘VgRQV[PYb‘V\[‘ \S QN_X T_Rf PYNf dVaU N SRd ZRQVbZ T_NcRY ‘VgRQ dUVaR‘URYY S_NTZR[a‘Na ,)’0+Z * A\ P\N_‘R T_NcRY ‘VgRQ [\QbYR \S P_RNZV‘U dUVaRPNYP_RaRS_\Z ,*’),Z a\ ,*’)/Z * A\ ‘bON[TbYN_ P\N_‘R T_NcRY ‘VgRQ [\QbYR \SP_RNZV‘U dUVaR PNYP_RaRS_\Z ,*’*.Z a\ ,*’+,Z dVaU S_R^bR[a ‘bON[TbYN_ SV[R a\ P\N_‘RT_NcRY ‘VgRQ [\QbYR‘ \S P_RNZV‘U dUVaR PNYP_RaR
9R‘P_V]aV\[ \S Fa_NaN ?RTR[Q 9R]aU?RcRY9NabZ FNZ]YV[T
9RaNVY‘>[ FVab GR‘a >[‘aNYY&
NaV\[
ABG:F3 6YY QR]aU‘ V[ ZRa_R‘% NYY QVNZRaR_‘ V[ ZVYYVZRa_R‘’FRR URNQR_ ‘URRa S\_ QRaNVY‘ \S O\_V[T%
=\YR >9’
9RaNVY‘
7Y\d 8\b[a 6[Q
C_\WRPa A\’
G8E F8E ED9
:Z]Y\fR_:[TV[RR_
8\\_QV[NaR‘<_\b[Q ?RcRY
:e]Y\_Na\_f =\YR ?\TC_\WRPa ANZR
=\YR Gf]R >[PYV[NaV\[
;\_Z A\’ F>:KC=B?:?B< >‘‘bR’ERcV‘V\[ A\’ *’)/ >‘‘bR 9NaR +)()2(+)*, CN_a \S aUR 7NPUf F\YRaN[PUR <_\b]
FNZ]YR ERP\cR_f
;\_ QRaNVY‘ \S NOO_RcVNaV\[‘% ‘RR XRf]_\T_R‘‘ N[Q dNaR_’
9VN’"GUVPX[R‘‘#
;>A6?
>C$8C$E8
G60.*)
-’-*Z B9
FVYcR_a\d[ Gb[[RY
6aXV[‘ ?aQ6aXV[‘ ?aQ
?\T C_V[a 9NaR 6[Q GVZR3 *1()/(+)*. *.3+03.-
.,2,11’-, :% *020-0’), A ANaV\[NY <_VQIR_aVPNY
?\T PURPXRQ Of3 F; ),()/(+)*.
>;
<2
,.’+) &,)’02 9 0, ,.’+) ,.’..
FCG .)(*2.ZZ,.’)) ,.’,.
IR_f QR[‘R OYbV‘U T_Rf Y\PNYYf Z\aaYRQ \_N[TV‘U O_\d[ ‘VYaf Y\PNYYf cR_f‘VYaf SV[R a\ ZRQVbZ ]_RQ\ZV[N[aYf SV[R F6A9’"ERNQV[T ;\_ZNaV\[ & ?\dR_ @\aaYRQ 8YNf#
S_\Z ,.’)/Z a\ ,.’**Z ‘YVTUaYf T_NcRYYf’ <_NcRY V‘ _\b[QRQ SV[R a\P\N_‘R \S O_\d[ SYV[a
:e]Y\_Na\_f U\YR P\Z]YRaR Na ,.’+) Z’
FURRa 1 \S 1
1HZL?PWL
58=0;
B0,*&%
%+$%&$’%&**#,-T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’(/*.
*(.*&(#+( 4" &,.-(-#%( = =H[PVUHS 6YPK&*$%&$’%&*
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6&%0
%#%% &#’% 8? %+$%&$’%&* %+$%&$’%&* 6HY‘ 2\UK SS 92@ =0 =0 7HUK [VVSZ 8UZWLJ[PVU WP[/ 7HUK K\N&#’% (’#,% 2? %+$%&$’%&* &*$%&$’%&* 6HY‘ 2\UK SS 92@ =0 =0 3HUKV (%%%
*#%% %’ A?84 )#%% +#%%&+#%% %& A? &)#*% &+#%%
(’#)% (’#*% &((% %%)* 2OPZLSSPUN(’#*% (’#,% &*%% %’(% 2OPZLSSPUN
%’ %#%% *#%% &. ?SHPU%& %#%% &)#*% *% ?SHPU%& &)#*% &+#%% *% ASV[[LK
%#%% %#*% 2VUJYL[L%#*% )#%% 1LU[VUP[L)#%% +#%% AHUK IHJRMPSS+#%% &)#*% 1LU[VUP[L
&)#*% &+#%% 6YH]LS IHJRMPSS&+#%% (’#,% 1LU[VUP[L
%,$%&$’%&* %.)% *#*% *#)% * *#&* *#+%%,$%&$’%&* %.)% *#*% *#)% &% *#&* *#+%%,$%&$’%&* %.)% *#*% *#)% &* *#&* *#+%%,$%&$’%&* %.)% *#*% *#)% ’% *#&* *#+%%,$%&$’%&* &*&% .#%% ,#+% * .#%% =@%,$%&$’%&* &*&% .#%% ,#*% &% .#%% =@%,$%&$’%&* &*&% .#%% ,#)% &* .#%% =@%,$%&$’%&* &*&% .#%% ,#(% ’% .#%% =@
’*%’*%’%%’%%&*%&*%
(#*%*#&*
&,#,%&.#’%’%#-*(’#,%
’*%’*%’%%’%%’%%&*%&*%&*%
(#%%*#&*.#*%
&’#)*&+#(%&.#+%’,#,*(’#)%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
2’.) 0’))**’)) ECF"7# A4*1 "+%,%,%.%.%.# 5D-2, /* **’)) 0’.)*+’.) ECF"7# A4*1 ",%,%-%-%.%.# 5D-2, /* *+’.) /’.)*-’)) ECF"7# A4+0 "+%,%.%/%2%0# 5D-2, /* *-’)) /’.)*.’.) ECF"7# A4*, ".%.%,%,%,%-# 5D-2, /* *.’.) 0’.)*0’+) ECF A4,) "0%/%/%0%1%2# 5D-2, /* */’)) 1’-)*1’0) ECF A4,. "0%1%1%1%2%*)# 5D-2, /* */’,) 1’-)+)’-) ECF A4-) "1%1%2%*)%*)%**# 5D-2, /* *2’-) 1’-)++’). ECF A4-+ "0%*)%*)%*)%**%**# 5D-2, /* +*’+) 1’/)+,’,) ECF .)(*2.XX "+.(/.%+1%*,%2(-.# 5D-2, /* ++’+) 2’.)+.’)) ECF A4.) "*+%*,%*+%*+%*+%*-# 5D-2, /* +-’+) 2’+)+/’/) ECF .)(*/.XX "*.%*)(.)%*2%+.%/(*.# 5D-2, /* +.’*) 1’0)+1’)) ECF .)(*,.XX "0%*-%+0%+,(/)# & +1’)) 0’.)+2’.) ECF .)(*.)XX "*)%*.%*.%,.# & +2’)) 1’1),*’)) ECF .)(+*.XX "*)%*)%*-%*/%+)(/.# & ,)’.) 1’.),+’.) ECF .)(,.XX "+.(.)%.)(,.# & ,+’,) 1’.)
OP[_S!
C]ZUPN_ AZ’
C]ZUPN_ ALXP
9X[WZdP]9YRTYPP]
7ZZ]OTYL_P^;]Z‘YO ?PaPW=YNWTYL_TZY8L_P E_L]_PO 8L_P 7ZX[WP_PO
<ZWP =8’9c[WZ]L_Z]d <ZWP ?ZR
ECF 89F5=?ECDB;D9EEDPXL]V^8L_P FTXP <ZWP
OP[_S OP[_S7L^TYR IL_P]
OP[_S8P[_S Fd[P =YN]PXPY_LW MWZb NZ‘Y_ (
<PLOP] CLRP +
ABF9E3 5WW OP[_S^ TY XP_]P^%
$ EPL_TYR MWZb^ ZYWd’
7L^TYR IL_P]OP[_S
:Z]X AZ’ E=9JC<B?9<8D C+ =^^‘P’DPaT^TZY AZ’ *’)/ =^^‘P 8L_P *+(),(+)*-
LWW OTLXP_P]^ TY XTWWTXP_]P^’
9YP]Rd]L_TZ[PYP_]L_TZY TY XX
<LXXP]AZ’
CL]_ ZQ _SP 6LNSd EZWP_LYNSP R]Z‘[
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFZ[
8P[_S6L^P
8P[_SDPXL]V^
:=A5?
AZ ]PNZaP]d TY ECF L_ +’.)X’*’+’ 8LXLRPO GF ^SZP L_ +,’*)X’,’ <ZWP _P]XTYL_PO L_ ,+’0)X O‘P _Z ]PQ‘^LW ZY NLWN]P_P’
:Z] OP_LTW^ ZQ LMM]PaTL_TZY^% ^PP VPd
F50.*)
)/()*(+)*..’01X B8
ETWaP]_ZbY F‘YYPW
5_VTY^ ?_O5_VTY^ ?_O
?ZR C]TY_ 8L_P 5YO FTXP3 *1()/(+)*. *.3+-3),
.,2.*,’/, 9% *021,1’), A AL_TZYLW ;]TO*.()*(+)*.
?ZR NSPNVPO Md3 E: ),()/(+)*.
HP]_TNLW
;*)5
*0’0) *2’+) 6PY_ZYT_P ^PLW’*2’+) *2’+) 5__PX[_PO QLWWTYR SPLO _P^_ & QLTWPO O‘P _Z TYLOP\‘L_P ^PLW TY MZ]PSZWP bT_S NL^TYR’
)/()*(+)*. )0,) )’)) )’)) 8DK E_L]_ ZQ ^STQ_)/()*(+)*. *1)) ,’.) ,’)) 8DK 9YO ZQ ^STQ_)0()*(+)*. )0,) ,’.) ,’)) 8DK E_L]_ ZQ ^STQ_)0()*(+)*. *1)) 2’.) 2’.) 0’.) 9YO ZQ ^STQ_)1()*(+)*. )0,) 2’.) 2’.) 0’.) E_L]_ ZQ ^STQ_)1()*(+)*. *1)) 2’.) 2’.) 0’.) 9YO ZQ ^STQ_)2()*(+)*. )0,) 2’.) 2’.) 0’)) E_L]_ ZQ ^STQ_)2()*(+)*. *0.) *+’.) *+’-. 1’-) 9YO ZQ ^STQ_*+()*(+)*. )0,) *+’.) *+’-. /’.) E_L]_ ZQ ^STQ_*+()*(+)*. *1)) *0’0) */’,) 1’-) 9YO ZQ ^STQ_*,()*(+)*. )0,) *0’0) */’,) 0’)) E_L]_ ZQ ^STQ_*,()*(+)*. *1)) +)’1. *2’/) 2’-) 9YO ZQ ^STQ_*-()*(+)*. )0,) +)’1. *2’/) 0’)) E_L]_ ZQ ^STQ_*-()*(+)*. *1). +1’)) +0’0. 2’+) 9YO ZQ ^STQ_*.()*(+)*. )0,) +1’)) +0’0. 0’)) E_L]_ ZQ ESTQ_*.()*(+)*. *1)) ,+’0) ,+’-) 0’)) 9YO ZQ <ZWP
+’.) ECF A4** ",%,%-%,%+%+# 5D-2, /* +’)) AD.’.) ECF A4*) "*%*%+%+%,%,# 5D-2, /* .’*. .’-)1’.) ECF A4*. "+%*%+%+%,%1# 5D-2, /* 0’.) AD2’.) ECF"7# A4*2 "+%,%-%-%/%.# 5D-2, /*
:R‘P_V]aV\[ \S Ga_NaN @RTR[Q :R]aU@RcRY:NabZ GNZ]YV[T
:RaNVY‘?[ GVab HR‘a ?[‘aNYY’
NaV\[
BCH;G4 7YY QR]aU‘ V[ ZRa_R‘& NYY QVNZRaR_‘ V[ ZVYYVZRa_R‘(GRR URNQR_ ‘URRa S\_ QRaNVY‘ \S O\_V[T&
>\YR ?:(
:RaNVY‘
8Y\d 9\b[a 7[Q
D_\WRPa B\(
H9F G9F FE:
;Z]Y\fR_;[TV[RR_
9\\_QV[NaR‘=_\b[Q @RcRY
;e]Y\_Na\_f >\YR @\TD_\WRPa BNZR
>\YR Hf]R ?[PYV[NaV\[
<\_Z B\( G?;LD>C@;@C= ?‘‘bR(FRcV‘V\[ B\( +(*0 ?‘‘bR :NaR ,*)*3),*+- DN_a \S aUR 8NPUf G\YRaN[PUR =_\b]
GNZ]YR FRP\cR_f
<\_ QRaNVY‘ \S NOO_RcVNaV\[‘& ‘RR XRf]_\T_R‘‘ N[Q dNaR_(
:VN(#HUVPX[R‘‘$
<?B7@
?D%9D
H71/+*
/(12Z C:
GVYcR_a\d[ Hb[[RY
7aXV[‘ @aQ7aXV[‘ @aQ
@\T D_V[a :NaR 7[Q HVZR4 +2)*0),*+/ +/4,.4++
/-3/+-(0- ;& +132-2(*- B BNaV\[NY =_VQJR_aVPNY
@\T PURPXRQ Of4 G< *-)*0),*+/
=+*7
++(**
+.(**
#,(**$
#-(**$
#+(/*$
’/(,,
’2(,,
: -+
8 -,
: --
8 -.
: -/
8 -0
+*(/*
++(**’++(/*
+,(**
+,(/*’+-(**
+-(/*
+.(**’+.(/*
GDH#9$ B6+2++(**
GDH#9$ B6+2+,(/*
GDH#9$ B6,1+.(**
++(./
+,(3/
+.(./
ARQVbZ QR[‘R ZbYaVP\Y\b_RQ #OYNPX& dUVaR& T_Rf N[Q O_\d[$ ‘N[Qf a\ cR_f‘N[Qf Y\PNYYf ‘YVTUaYf ‘N[Qf N[TbYN_ a\ _\b[QRQ SV[R a\ P\N_‘R =F7J;@ \SSYV[a( GN[Q V‘ SV[R a\ P\N_‘R(#FVcR_ HR__NPR :R]\‘Va‘$
ARQVbZ QR[‘R O_\d[ N[Q T_Rf ‘YVTUaYf T_NcRYYf SV[R a\ P\N_‘R ]_RQ\ZV[N[aYfZRQVbZ a\ P\N_‘R G7B:( =_NcRY V‘ ‘bON[TbYN_ a\ _\b[QRQ SV[R a\ P\N_‘R \ST_Rf& dUVaR N[Q O_\d[ SYV[a(#FVcR_ HR__NPR :R]\‘Va‘$
S_\Z +,(/*Z a\ +-(**Z ‘N[Q N[Q T_NcRY
ARQVbZ QR[‘R O_\d[ cR_f ‘N[Qf N[TbYN_ a\ _\b[QRQ SV[R a\ P\N_‘R =F7J;@ \SSYV[a( GN[Q V‘ SV[R a\ P\N_‘R( #GYVTUa ‘\YcR[a \Q\b_ [\aRQ$(#FVcR_ HR__NPR :R]\‘Va‘$
GURRa - \S 1
:R‘P_V]aV\[ \S Ga_NaN @RTR[Q :R]aU@RcRY:NabZ GNZ]YV[T
:RaNVY‘?[ GVab HR‘a ?[‘aNYY’
NaV\[
BCH;G4 7YY QR]aU‘ V[ ZRa_R‘& NYY QVNZRaR_‘ V[ ZVYYVZRa_R‘(GRR URNQR_ ‘URRa S\_ QRaNVY‘ \S O\_V[T&
>\YR ?:(
:RaNVY‘
8Y\d 9\b[a 7[Q
D_\WRPa B\(
H9F G9F FE:
;Z]Y\fR_;[TV[RR_
9\\_QV[NaR‘=_\b[Q @RcRY
;e]Y\_Na\_f >\YR @\TD_\WRPa BNZR
>\YR Hf]R ?[PYV[NaV\[
<\_Z B\( G?;LD>C@;@C= ?‘‘bR(FRcV‘V\[ B\( +(*0 ?‘‘bR :NaR ,*)*3),*+- DN_a \S aUR 8NPUf G\YRaN[PUR =_\b]
GNZ]YR FRP\cR_f
<\_ QRaNVY‘ \S NOO_RcVNaV\[‘& ‘RR XRf]_\T_R‘‘ N[Q dNaR_(
:VN(#HUVPX[R‘‘$
<?B7@
?D%9D
H71/+*
/(12Z C:
GVYcR_a\d[ Hb[[RY
7aXV[‘ @aQ7aXV[‘ @aQ
@\T D_V[a :NaR 7[Q HVZR4 +2)*0),*+/ +/4,.4+,
/-3/+-(0- ;& +132-2(*- B BNaV\[NY =_VQJR_aVPNY
@\T PURPXRQ Of4 G< *-)*0),*+/
=+*7
+/(/*
+/(2*
#*(-*$
#1(.*$
’3(1,
’+*(*,
: -1
8 -2
: -3
IH .*
: .+
I .,
: .-: ..
I ./
: .0I .1
: .2: .3
: /*
IH /+
: /,IH /-
+/(**
+/(/*’+0(**
+/(2*
+0(**’+0(./
+0(/*
+0(1*’+1(+/
+1(,*+1(,*’+1(0/
+1(1*’+2(+/
+2(,*+2(,*’+2(0/
+2(1*+2(1*’+3(+/
+3(,*
+3(.*’+3(2/
+3(3*+3(3*’,*(-/
+**
+**
+**
+**
+**
+**
/* 8Y\d‘& +**! FRP\cR_f
/* 8Y\d‘& +**! FRP\cR_f
// 8Y\d‘& +**! FRP\cR_f
// 8Y\d‘& +**! FRP\cR_f
0* 8Y\d‘& +**! FRP\cR_f
0/ 8Y\d‘& +**! FRP\cR_f
GDH#9$ B6+-+/(/*
GDH B6-*+1(,*
GDH B6-/+2(1*
+/(3/
+1(0/
+3(+/
ARQVbZ QR[‘R O_\d[ cR_f ‘N[Qf N[TbYN_ a\ _\b[QRQ SV[R a\ P\N_‘R =F7J;@ \SSYV[a( GN[Q V‘ SV[R a\ P\N_‘R( #GYVTUa ‘\YcR[a \Q\b_ [\aRQ$(#FVcR_ HR__NPR :R]\‘Va‘$
ARQVbZ QR[‘R O_\d[ ‘YVTUaYf ‘VYaf T_NcRYYf SV[R a\ P\N_‘R G7B:( =_NcRY V‘‘bON[TbYN_ a\ ‘bO_\b[QRQ SV[R a\ P\N_‘R \S O_\d[& dUVaR N[Q T_Rf SYV[a(#FVcR_ HR__NPR :R]\‘Va‘$
GaVSS SV‘‘b_RQ O_\d[ ‘VYaf Y\PNYYf ‘YVTUaYf ‘N[Qf Y\PNYYf ‘N[Qf 9@7M dVaU_N_R Y\PNYYf \PPN‘V\[NY dUVaR ‘VYa abOR‘ #5+ZZ e +ZZ$( <V‘‘b_R‘ N_RRea_RZRYf PY\‘RYf a\ cR_f PY\‘RYf ‘]NPRQ _N[Q\ZYf \_VR[aNaRQ ]YN[N_ ‘Z\\aUY\PNYYf dVaU Qb‘aV[T‘ \S YVTUa O_\d[ ‘VYa(#@\[Q\[ 9YNf <\_ZNaV\[$
Na +1(,*Z ‘N[Qf
S_\Z +2(1*Z a\ +3(+/Z dVaU \PPN‘V\[NY O_\d[ ‘VYa SVYYRQ Ob__\d‘#5-/ZZ e ,ZZ$
GURRa . \S 1
:R‘P_V]aV\[ \S Ga_NaN @RTR[Q :R]aU@RcRY:NabZ GNZ]YV[T
:RaNVY‘?[ GVab HR‘a ?[‘aNYY’
NaV\[
BCH;G4 7YY QR]aU‘ V[ ZRa_R‘& NYY QVNZRaR_‘ V[ ZVYYVZRa_R‘(GRR URNQR_ ‘URRa S\_ QRaNVY‘ \S O\_V[T&
>\YR ?:(
:RaNVY‘
8Y\d 9\b[a 7[Q
D_\WRPa B\(
H9F G9F FE:
;Z]Y\fR_;[TV[RR_
9\\_QV[NaR‘=_\b[Q @RcRY
;e]Y\_Na\_f >\YR @\TD_\WRPa BNZR
>\YR Hf]R ?[PYV[NaV\[
<\_Z B\( G?;LD>C@;@C= ?‘‘bR(FRcV‘V\[ B\( +(*0 ?‘‘bR :NaR ,*)*3),*+- DN_a \S aUR 8NPUf G\YRaN[PUR =_\b]
GNZ]YR FRP\cR_f
<\_ QRaNVY‘ \S NOO_RcVNaV\[‘& ‘RR XRf]_\T_R‘‘ N[Q dNaR_(
:VN(#HUVPX[R‘‘$
<?B7@
?D%9D
H71/+*
/(12Z C:
GVYcR_a\d[ Hb[[RY
7aXV[‘ @aQ7aXV[‘ @aQ
@\T D_V[a :NaR 7[Q HVZR4 +2)*0),*+/ +/4,.4+-
/-3/+-(0- ;& +132-2(*- B BNaV\[NY =_VQJR_aVPNY
@\T PURPXRQ Of4 G< *-)*0),*+/
=+*7
,-(,*
,.(**
,.(/*
#*(2*$
#*(/*$
’+1(.,
’+2(,,
’+2(1,
: /.;G //: /0
IH /1
: /2IH /3
: 0*: 0+
IH 0,
: 0-
IH 0.
: 0/8 00
: 01I 02
: 03I 1*
,*(.*,*(.*,*(.*’,*(2/
,+(**’,+(./
,+(/*,+(//’,,(**
,,(*/,,(*/’,,(/*
,,(/*’,,(3/
,-(**
,-(+*’,-(-*
,-(-*’,-(/0,-(-*’,-(1*
,.(**,.(**’,.(./
,.(/*,.(/*’,.(3/
+**
+**
+**
+**
+**
+**
1/ 8Y\d‘& +**! FRP\cR_f
1* 8Y\d‘& +**! FRP\cR_f
1* 8Y\d‘& +**! FRP\cR_f
2* 8Y\d‘& +**! FRP\cR_f
1/ 8Y\d‘& +**! FRP\cR_f
+** 8Y\d‘& 12! FRP\cR_f
GDH B6.*,*(.*
GDH B6.,,,(*/
GDH /*)+3/ZZ,-(-*
,*(2/
,,(/*
,-(/0
GaVSS SV‘‘b_RQ O_\d[ ‘VYaf Y\PNYYf ‘YVTUaYf ‘N[Qf Y\PNYYf ‘N[Qf 9@7M dVaU_N_R Y\PNYYf \PPN‘V\[NY dUVaR ‘VYa abOR‘ #5+ZZ e +ZZ$( <V‘‘b_R‘ N_RRea_RZRYf PY\‘RYf a\ cR_f PY\‘RYf ‘]NPRQ _N[Q\ZYf \_VR[aNaRQ ]YN[N_ ‘Z\\aUY\PNYYf dVaU Qb‘aV[T‘ \S YVTUa O_\d[ ‘VYa(#@\[Q\[ 9YNf <\_ZNaV\[$
Na ,*(.*Z \PPN‘V\[NY YR[‘R‘ \S ‘VYaf SV[R ‘N[Q
Na ,-(**Z ‘YVTUaYf T_NcRYYf( =_NcRY V‘ _\b[QRQ ZRQVbZ \S OYNPXSYV[a( KVaU \PPN‘V\[NY SV[R a\ ZRQVbZ T_NcRY ‘VgRQ ]\PXRa‘ \S UN_QT_RR[V‘U O_\d[ ‘VYaf PYNf
<V_Z a\ ‘aVSS T_Rf ‘YVTUaYf T_NcRYYf ‘VYaf 9@7M Y\PNYYf ‘YVTUaYf ‘N[QfdVaU ‘\ZR SV[R T_NcRY ‘VgRQ dUVaR ‘URYY S_NTZR[a‘( GN[Q V‘ SV[R( =_NcRY V‘‘bON[TbYN_ a\ _\b[QRQ ZRQVbZ a\ P\N_‘R \S OYNPX SYV[a(#>N_dVPU <\_ZNaV\[$
GaVSS SV‘‘b_RQ T_Rf ‘VYaf ‘YVTUaYf ‘N[Qf 9@7M( CPPN‘V\[NY ]N_aV[T‘ \SYVTUa O_\d[ ‘VYa N[Q \PPN‘V\[NY dUVaR N[Q O_\d[ SV[R a\ ZRQVbZ T_NcRY‘VgRQ ‘URYY S_NTZR[a‘( <V‘‘b_R‘ N_R cR_f PY\‘RYf ‘]NPRQ ]_RQ\ZV[N[aYf *’,/QRT_RR‘ ]YN[N_ ‘Z\\aU(#K\\YdVPU <\_ZNaV\[ ’ @NZV[NaRQ 8RQ‘$
GaVSS a\ cR_f ‘aVSS SV‘‘b_RQ T_Rf Y\PNYYf O_\d[ ‘VYaf 9@7M( <V‘‘b_R‘ N_R]_RQ\ZV[N[aYf *’,* QRT_RR‘ ]YN[N_ ‘Z\\aU dVaU Qb‘aV[T‘ \S O_\d[ ‘VYa(#K\\YdVPU <\_ZNaV\[ ’ @NZV[NaRQ 8RQ‘$
GURRa / \S 1
:R‘P_V]aV\[ \S Ga_NaN @RTR[Q :R]aU@RcRY:NabZ GNZ]YV[T
:RaNVY‘?[ GVab HR‘a ?[‘aNYY’
NaV\[
BCH;G4 7YY QR]aU‘ V[ ZRa_R‘& NYY QVNZRaR_‘ V[ ZVYYVZRa_R‘(GRR URNQR_ ‘URRa S\_ QRaNVY‘ \S O\_V[T&
>\YR ?:(
:RaNVY‘
8Y\d 9\b[a 7[Q
D_\WRPa B\(
H9F G9F FE:
;Z]Y\fR_;[TV[RR_
9\\_QV[NaR‘=_\b[Q @RcRY
;e]Y\_Na\_f >\YR @\TD_\WRPa BNZR
>\YR Hf]R ?[PYV[NaV\[
<\_Z B\( G?;LD>C@;@C= ?‘‘bR(FRcV‘V\[ B\( +(*0 ?‘‘bR :NaR ,*)*3),*+- DN_a \S aUR 8NPUf G\YRaN[PUR =_\b]
GNZ]YR FRP\cR_f
<\_ QRaNVY‘ \S NOO_RcVNaV\[‘& ‘RR XRf]_\T_R‘‘ N[Q dNaR_(
:VN(#HUVPX[R‘‘$
<?B7@
?D%9D
H71/+*
/(12Z C:
GVYcR_a\d[ Hb[[RY
7aXV[‘ @aQ7aXV[‘ @aQ
@\T D_V[a :NaR 7[Q HVZR4 +2)*0),*+/ +/4,.4+.
/-3/+-(0- ;& +132-2(*- B BNaV\[NY =_VQJR_aVPNY
@\T PURPXRQ Of4 G< *-)*0),*+/
=+*7
,0(0*
,1(**
,2(**
#,(+*$
#*(.*$
#+(**$
#,(**$
’,*(2,
’,+(,,
’,,(,,
: 1+: 1,
I 1-
: 1.
I 1/
: 10: 11
I 12
: 13
: 2*: 2+8 2,
: 2-
: 2.: 2/8 20
,/(**,/(**’,/(./
,/(/*’,/(3/
,0(**
,0(+*’,0(//
,0(0*,0(0*’,0(23
,1(**’,1(./
,1(/*
,2(**,2(**’,2(,3,2(**’,2(/*
,3(**
,3(/*,3(/*’,3(2*,3(/*’-*(**
+**
+**
+**
+** 8Y\d‘& +**! FRP\cR_f
+** 8Y\d‘& +**! FRP\cR_f
1* 8Y\d‘& +**! FRP\cR_f
GDH B6/*,/(**
GDH /*)+0/ZZ,0(0*
GDH /*)+-/ZZ,2(**
GDH /*)+/*ZZ,3(/*
,/(./
,0(23
,2(,3
,3(2*
GaVSS a\ cR_f ‘aVSS SV‘‘b_RQ T_Rf Y\PNYYf O_\d[ ‘VYaf 9@7M( <V‘‘b_R‘ N_R]_RQ\ZV[N[aYf *’,* QRT_RR‘ ]YN[N_ ‘Z\\aU dVaU Qb‘aV[T‘ \S O_\d[ ‘VYa(#K\\YdVPU <\_ZNaV\[ ’ @NZV[NaRQ 8RQ‘$
JR_f QR[‘R O_\d[V‘U T_Rf SV[R a\ ZRQVbZ G7B:(#K\\YdVPU <\_ZNaV\[ ’ @NZV[NaRQ 8RQ‘$
<V_Z QN_X T_Rf ‘VYaf 9@7M dVaU NOb[QN[a YR[‘R‘ \S O_\d[ ‘N[Qf ‘VYa N[Q‘VYaf ‘N[Q( GN[Q V‘ SV[R(#K\\YdVPU <\_ZNaV\[ ’ @NZV[NaRQ 8RQ‘$
JR_f QR[‘R O_\d[ ‘VYaf SV[R a\ ZRQVbZ G7B:(#K\\YdVPU <\_ZNaV\[ ’ @NZV[NaRQ 8RQ‘$
Na ,2(**Z QN_X T_Rf cR_f ‘VYaf
GURRa 0 \S 1
:R‘P_V]aV\[ \S Ga_NaN @RTR[Q :R]aU@RcRY:NabZ GNZ]YV[T
:RaNVY‘?[ GVab HR‘a ?[‘aNYY’
NaV\[
BCH;G4 7YY QR]aU‘ V[ ZRa_R‘& NYY QVNZRaR_‘ V[ ZVYYVZRa_R‘(GRR URNQR_ ‘URRa S\_ QRaNVY‘ \S O\_V[T&
>\YR ?:(
:RaNVY‘
8Y\d 9\b[a 7[Q
D_\WRPa B\(
H9F G9F FE:
;Z]Y\fR_;[TV[RR_
9\\_QV[NaR‘=_\b[Q @RcRY
;e]Y\_Na\_f >\YR @\TD_\WRPa BNZR
>\YR Hf]R ?[PYV[NaV\[
<\_Z B\( G?;LD>C@;@C= ?‘‘bR(FRcV‘V\[ B\( +(*0 ?‘‘bR :NaR ,*)*3),*+- DN_a \S aUR 8NPUf G\YRaN[PUR =_\b]
GNZ]YR FRP\cR_f
<\_ QRaNVY‘ \S NOO_RcVNaV\[‘& ‘RR XRf]_\T_R‘‘ N[Q dNaR_(
:VN(#HUVPX[R‘‘$
<?B7@
?D%9D
H71/+*
/(12Z C:
GVYcR_a\d[ Hb[[RY
7aXV[‘ @aQ7aXV[‘ @aQ
@\T D_V[a :NaR 7[Q HVZR4 +2)*0),*+/ +/4,.4+0
/-3/+-(0- ;& +132-2(*- B BNaV\[NY =_VQJR_aVPNY
@\T PURPXRQ Of4 G< *-)*0),*+/
=+*7
-*(**
-,(**
-,(1*
#,(**$
#*(1*$
’,.(,,
’,0(,,
’,0(3,
: 21I 22
: 23I 3*
: 3+: 3,8 3-
: 3.
: 3/
-*(**-*(**’-*(./
-*(/*-*(/*’-*(3/
-+(**-+(**’-+(-0-+(**’-+(/*
-,(**
-,(/*’-,(0*
+**
+**
+** 8Y\d‘& +**! FRP\cR_f
+** 8Y\d‘& +**! FRP\cR_f
GDH /*),+/ZZ-+(**
GDH /*)-/ZZ-,(/*
-+(-1
-,(/3
<V_Z O_\d[V‘U T_Rf 9@7M dVaU S_R^bR[a Y\PNYYf NOb[QN[a SV[R a\ ZRQVbZT_NcRY ‘VgRQ dUVaR ‘URYY S_NTZR[a‘(#K\\YdVPU <\_ZNaV\[ ’ @\dR_ GURYYf 8RQ‘$
Na -*(**Z dVaU N SRd SV[R a\ ZRQVbZ T_NcRY ‘VgRQ dUVaR ‘URYYS_NTZR[a‘
GaVSS a\ cR_f ‘aVSS SV‘‘b_RQ fRYY\dV‘U O_\d[ Y\PNYYf \_N[TV‘U O_\d[ ‘VYaf9@7M( <V‘‘b_R‘ N_R Rea_RZRYf PY\‘RYf a\ cR_f PY\‘RYf ‘]NPRQ _N[Q\ZYf\_VR[aNaRQ ]YN[N_( :_VYYR_ [\aR‘ ON[Q \S PNYP_RaR(#FRNQV[T <\_ZNaV\[ ’ @\dR_ A\aaYRQ 9YNf$
;e]Y\_Na\_f U\YR P\Z]YRaR Na -,(1* Z(
GURRa 1 \S 1
1HZL?PWL
58=0;
B0,*&%
’+$&&$’%&)+#&(T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’-/&’
*(.*-.#*. 4" &,.-&-#%- = =H[PVUHS 6YPK&’$&’$’%&)
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6&&0
%#%% &#’% 8? ’+$&&$’%&) ’+$&&$’%&) 30$92 87 =0 =0 7HUK BVVSZ&#’% &-#*% 2? ’,$&&$’%&) %($&’$’%&) 30$92 9@ =0 =0 3HUKV ’%%%
&-#*% (*#%% @2 %-$&’$’%&) &’$&’$’%&) 9< 37 6LVIVYL ?23 3LS[HIHZL *’%
’.#%% %& A?84 ’*#%% (%#%%
&-#*% &.#’* EH[LY$<\K -* 6YL‘&.#’* ’%#,* EH[LY$<\K .% 6YL‘’%#,* ’’#’* EH[LY$<\K +% 6YL‘’’#’* ’)#%% EH[LY$<\K ,* 6YL‘’)#%% ’*#%% EH[LY$<\K % =0’*#%% ’-#%% EH[LY$<\K ,* 6YL‘’-#%% ’-#*% <\K -% 6YL‘’-#*% (%#%% <\K -* 6YL‘(%#%% (&#*% <\K .% 6YL‘(&#*% ((#*% <\K .% 6YL‘$6YLLU((#*% (*#%% <\K .% 6YLLU
%& %#%% ’.#%% &. ?SHPU %#%% %#*% 2VUJYL[L%#*% ’*#%% 1LU[VUP[L
’*#%% (%#%% AHUK IHJRMPSS(%#%% (*#%% 1LU[VUP[L
’,$&&$’%&) &)(* (#-% (#*% * ’#-% )#%%’,$&&$’%&) &)(* (#-% (#(+ &% ’#-% )#%%’,$&&$’%&) &)(* (#-% (#(% &* ’#-% )#%%’,$&&$’%&) &)(* (#-% (#’, ’% ’#-% )#%%
’*%’%%&*%&)+
&+#)%&-#*%’-#%%(*#%%
’*%’%%&*%&)+
&+#)%&-#*%’-#%%(*#%%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
*+(*+(+)*- )0,) ,*’.) ,*’.) 0’)) E]K[] YP ERSP]*+(*+(+)*- *1)) ,.’)) ,.’)) /’.) 9XN YP <YVO
*’.) ECF A4** "+%*%+%,%,%,# 5D10 /) *’,) 8DJ,’)) ECF A4+ ")%)%*%)%*%)# 5D10 /) +’.) 8DJ
*)’)) ECF"7# A4*2 ",%.%-%.%.%.# 5D10 /) *)’)) )’.)**’.) ECF"7# A4*2 "+%,%.%-%.%.# 5D10 /) **’.) ,’*)*,’)) ECF"7# A4*1 ",%,%-%-%.%.# 5D10 /) *,’)) 0’2)*-’.) ECF"7# A4*+ ",%-%,%-%,%+# 5D10 /) *-’.) 1’+)*/’)) ECF"7# A4*1 ".%/%/%,%-%.# 5D10 /) */’)) 1’2)*/’.) ECF"7# A4+, ",%-%-%.%0%0# 5D10 /) */’-) )’+)*1’)) ECF"7# A4,) ".%.%/%0%1%2# 5D10 /) */’-) +’.)*2’+. ECF"7# A4,/ "-%0%0%2%*)%*)# 78/* .1 *1’.) ,’.)+)’0. ECF"7# .)(*-.WW ".%0%*0%,,(0)# 78/* .1 *1’.) 1’.)+1’)) ECF *))(*1.WW ",%,%*1%-)%-+(,.# 78/* .1 +1’)) 0’)),)’)) ECF .)(*1.WW "**%*-(0)%*1%*0%*.(,.# 78/* .1 ,)’)) /’1),*’)) ECF .)(+.WW "+.(,.%.)(+.# 78/* .1 ,*’)) /’)),+’.) ECF .)(*/.WW "1%*.%+)%+.%.(*.# 78/* .1 ,+’.) 1’.),,’.) ECF .)(*/)WW "*)%*)%*,%+1%2(*)# 78/* .1 ,,’.) 1’.),.’)) ECF .)(*-1WW "/%*/%++%+1(0,# 78/* .1 ,.’)) /’.)
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
+/(**(+)*-/’*,W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+13*/
.,2.12’.2 9% *021*1’)1 A AK]SYXKV ;[SN*+(*+(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;**5
/’)) /’)) :KVVSXQ ROKN ]O\]’*)’)) *)’)) :KVVSXQ ROKN ]O\]’*)’)) **’)) 6OX]YXS]O \OKV’*/’)) */’)) :KVVSXQ ROKN ]O\]’
+/(**(+)*- )0,) )’)) & AD E]K[] YP <YVO+/(**(+)*- *1)) *’+) & 8DJ 9XN YP =C+0(**(+)*- )0,) *’+) & 8DJ E]K[] YP 7C+0(**(+)*- *1)) .’,) -’,) 8DJ 9XN YP ERSP]+1(**(+)*- )0,) .’,) -’,) 8DJ E]K[] YP ERSP]+1(**(+)*- *1)) 0’.) 0’.) 8DJ 9XN YP ERSP])*(*+(+)*- )0,) 0’.) 0’.) +’-) E]K[] YP ERSP])*(*+(+)*- *1)) *+’)) *+’)) -’.) 9XN YP ERSP])+(*+(+)*- )0,) *+’)) *+’)) 0’.) E]K[] YP ERSP])+(*+(+)*- *1)) *0’)) */’-) +’)) 9XN YP ERSP]),(*+(+)*- )0,) *0’)) */’-) +’+) E]K[] YP ERSP]),(*+(+)*- *1)) *1’.) *1’.) ,’,) 9XN YP 7C)1(*+(+)*- )0,) *1’.) *1’.) 0’)) E]K[] YP DY]K[b)1(*+(+)*- *1)) ++’+. ++’+. 2’)) 9XN YP ERSP])2(*+(+)*- )0,) ++’+. ++’+. 1’.) E]K[] YP ERSP])2(*+(+)*- *1)) +.’)) +.’)) /’.) 9XN YP ERSP]*)(*+(+)*- )0,) +.’)) +.’)) 2’)) E]K[] YP ERSP]*)(*+(+)*- *1)) +1’)) +1’)) -’,) 9XN YP ERSP]**(*+(+)*- )0,) +1’)) +1’)) 0’+) E]K[] YP ERSP]**(*+(+)*- *1)) ,*’.) ,*’.) AD 9XN YP ERSP]
9SaQ‘W^bW]\ ]T Gb‘ObO @SUS\R 9S^bV@SdSZ9Obc[ GO[^ZW\U
9SbOWZa>\ GWbc HSab >\abOZZ&
ObW]\
BCH:G3 6ZZ RS^bVa W\ [Sb‘Sa% OZZ RWO[SbS‘a W\ [WZZW[Sb‘Sa’GSS VSORS‘ aVSSb T]‘ RSbOWZa ]T P]‘W\U%
=]ZS >9’
9SbOWZa
7Z]e 8]c\b 6\R
D‘]XSQb B]’
H8F G8F FE9
:[^Z]gS‘:\UW\SS‘
8]]‘RW\ObSa<‘]c\R @SdSZ
:f^Z]‘Ob]‘g =]ZS @]UD‘]XSQb BO[S
=]ZS Hg^S >\QZW\ObW]\
;]‘[ B]’ G>:LD=C@:@C< >aacS’FSdWaW]\ B]’ *’)/ >aacS 9ObS +)()2(+)*, DO‘b ]T bVS 7OQVg G]ZSbO\QVS <‘]c^
GO[^ZS FSQ]dS‘g
;]‘ RSbOWZa ]T OPP‘SdWObW]\a% aSS YSg^‘]U‘Saa O\R eObS‘’
9WO’"HVWQY\Saa#
;>B6@
>D$8D$F8
H60.*)
/’*,[ C9
GWZdS‘b]e\ Hc\\SZ
6bYW\a @bR6bYW\a @bR
@]U D‘W\b 9ObS 6\R HW[S3 *1()/(+)*. *.3+13++
.,2.12’.2 :% *021*1’)1 B BObW]\OZ <‘WRJS‘bWQOZ
@]U QVSQYSR Pg3 G; ),()/(+)*.
>;
<**6
/’.)
2’1)
"+’))#
",’,)#
")’+)#
&)’,0
&,’/0
9 ++7 +,
D;7 +-
9 +.
7 +/
9 +0
D;9 +17 +27 ,)
9 ,*7 ,+7 ,,
D;7 ,-
9 ,.7 ,/
D;7 ,0
9 ,17 ,27 -)
7 -*
.’))
.’))
.’,)&/’,)
.’,)&.’1)
.’.)
.’1)&/’,)
/’))
/’.)&0’.)/’.)/’.)/’.)&0’))
0’))0’))0’))&0’.)
0’.)&1’.)0’.)&1’))
1’))1’))
1’.)&2’.)1’.)&2’))
2’))2’))2’))&2’.)
2’.)&*)’))
*))
*))
*))
*))
)! FSQ]dS‘g
)! FSQ]dS‘g
)! FSQ]dS‘g
)! FSQ]dS‘g
?
?
/’))&)’))
2’1)&)’))
G]Tb U‘Sg aWZbg aO\Rg aZWUVbZg ]‘UO\WQ 8@6M’ GO\R Wa TW\S b] Q]O‘aS’ KWbVOPc\RO\b *)[[ f *)[[ eWbV dO‘gW\U ZS\UbVa ",)&*.)[[# e]]R TWP‘Sa’"6ZZcdWc[#
T‘][ .’1)[ b] /’,)[ ,)[[ f -)[[ f +))[[ ^WSQS ]T e]]R
G]Tb RO‘Y U‘Sg aWZbg aZWUVbZg ]‘UO\WQ 8@6M’"6ZZcdWc[#
T‘][ 0’.)[ b] 1’%))[ eWbV ]QQOaW]\OZ Q]O‘aS U‘OdSZ aWhSR ^]QYSba ]TTW‘[ TWP‘]ca ^SOb
ASRWc[ RS\aS RO‘Y U‘Sg QZOgSg aO\Rg acP‘]c\RSR TW\S b] Q]O‘aS <F6J:@ ]T
GVSSb + ]T 0
9SaQ‘W^bW]\ ]T Gb‘ObO @SUS\R 9S^bV@SdSZ9Obc[ GO[^ZW\U
9SbOWZa>\ GWbc HSab >\abOZZ&
ObW]\
BCH:G3 6ZZ RS^bVa W\ [Sb‘Sa% OZZ RWO[SbS‘a W\ [WZZW[Sb‘Sa’GSS VSORS‘ aVSSb T]‘ RSbOWZa ]T P]‘W\U%
=]ZS >9’
9SbOWZa
7Z]e 8]c\b 6\R
D‘]XSQb B]’
H8F G8F FE9
:[^Z]gS‘:\UW\SS‘
8]]‘RW\ObSa<‘]c\R @SdSZ
:f^Z]‘Ob]‘g =]ZS @]UD‘]XSQb BO[S
=]ZS Hg^S >\QZW\ObW]\
;]‘[ B]’ G>:LD=C@:@C< >aacS’FSdWaW]\ B]’ *’)/ >aacS 9ObS +)()2(+)*, DO‘b ]T bVS 7OQVg G]ZSbO\QVS <‘]c^
GO[^ZS FSQ]dS‘g
;]‘ RSbOWZa ]T OPP‘SdWObW]\a% aSS YSg^‘]U‘Saa O\R eObS‘’
9WO’"HVWQY\Saa#
;>B6@
>D$8D$F8
H60.*)
/’*,[ C9
GWZdS‘b]e\ Hc\\SZ
6bYW\a @bR6bYW\a @bR
@]U D‘W\b 9ObS 6\R HW[S3 *1()/(+)*. *.3+13+,
.,2.12’.2 :% *021*1’)1 B BObW]\OZ <‘WRJS‘bWQOZ
@]U QVSQYSR Pg3 G; ),()/(+)*.
>;
<**6
*)’))
"/’,)#
&,’10 9 -+7 -,7 --
9 -.7 -/
7 -0
9 -17 -2
9 .)7 .*7 .+
9 .,7 .-
7 ..
*)’))*)’))*)’))&*)’.)
**’))**’))
**’.)&*+’))
*+’))*+’))
*,’))*,’))*,’))&*,’.)
*-’))*-’))
*-’.)
GDH"8# B5*2*)’))
GDH"8# B5*2**’.)
GDH"8# B5*1*,’))
GDH"8# B5*+*-’.)
*)’-.
**’2.
*,’-.
*-’2.
TZW\b’ GO\R Wa TW\S b] Q]O‘aS’ "FWdS‘ HS‘‘OQS 9S^]aWba#
ASRWc[ RS\aS RO‘Y U‘Sg% eVWbS O\R P‘]e\ aZWUVbZg aWZbg aO\Rg acPO\UcZO‘ b]acP‘]c\RSR TW\S b] Q]O‘aS <F6J:@ ]T TZW\b’ GO\R Wa TW\S b] Q]O‘aS’"FWdS‘ HS‘‘OQS 9S^]aWba#
T‘][ **’.)[ b] *+’))[ aZWUVbZg aWZbg dS‘g aO\Rg
Ob *-’.)[ aZWUVbZg aO\Rg
GVSSb , ]T 0
9SaQ‘W^bW]\ ]T Gb‘ObO @SUS\R 9S^bV@SdSZ9Obc[ GO[^ZW\U
9SbOWZa>\ GWbc HSab >\abOZZ&
ObW]\
BCH:G3 6ZZ RS^bVa W\ [Sb‘Sa% OZZ RWO[SbS‘a W\ [WZZW[Sb‘Sa’GSS VSORS‘ aVSSb T]‘ RSbOWZa ]T P]‘W\U%
=]ZS >9’
9SbOWZa
7Z]e 8]c\b 6\R
D‘]XSQb B]’
H8F G8F FE9
:[^Z]gS‘:\UW\SS‘
8]]‘RW\ObSa<‘]c\R @SdSZ
:f^Z]‘Ob]‘g =]ZS @]UD‘]XSQb BO[S
=]ZS Hg^S >\QZW\ObW]\
;]‘[ B]’ G>:LD=C@:@C< >aacS’FSdWaW]\ B]’ *’)/ >aacS 9ObS +)()2(+)*, DO‘b ]T bVS 7OQVg G]ZSbO\QVS <‘]c^
GO[^ZS FSQ]dS‘g
;]‘ RSbOWZa ]T OPP‘SdWObW]\a% aSS YSg^‘]U‘Saa O\R eObS‘’
9WO’"HVWQY\Saa#
;>B6@
>D$8D$F8
H60.*)
/’*,[ C9
GWZdS‘b]e\ Hc\\SZ
6bYW\a @bR6bYW\a @bR
@]U D‘W\b 9ObS 6\R HW[S3 *1()/(+)*. *.3+13+.
.,2.12’.2 :% *021*1’)1 B BObW]\OZ <‘WRJS‘bWQOZ
@]U QVSQYSR Pg3 G; ),()/(+)*.
>;
<**6
*/’,)
*1’.)
"+’+)#
"+’./#
&*)’*0
&*+’,0
9 ./7 .0
9 .17 .27 /)
9 /*
9 /,7 /-I /.
9 //I /0
9 /19 /27 0)9 0*7 0+
9 0-
*1’.)
*.’))*.’))
*/’))*/’))*/’))&*/’-.
*/’-.
*0’))*0’))*0’))&*0’-.
*0’.)*0’.)&*0’2.
*1’))*1’))*1’))*1’))&*1’-.*1’))&*1’.)
*2’+. *2’0)
*2’+.
*))
*))
*)+ 1- B6
/+ 7Z]ea% *))! FSQ]dS‘g
/1 7Z]ea% *))! FSQ]dS‘g
B6
GDH"8# B5*1*/’))
?
GDH"8# B5+,*/’.)
GDH"8# B5,)*1’))
GDH"8# B5,/*2’+.
*/’-.
*/’,)&)’))
*/’2.
*1’-.
*2’0)
ASRWc[ RS\aS RO‘Y U‘Sg% eVWbS O\R P‘]e\ aZWUVbZg aWZbg aO\Rg acPO\UcZO‘ b]acP‘]c\RSR TW\S b] Q]O‘aS <F6J:@ ]T TZW\b’ GO\R Wa TW\S b] Q]O‘aS’"FWdS‘ HS‘‘OQS 9S^]aWba#
GbWTT P‘]e\WaV U‘Sg aZWUVbZg aO\Rg aWZbg 8@6M’ FO‘S ‘SZWQb ‘]]bZSba’ GO\RWa TW\S b] Q]O‘aS’"@]\R]\ 8ZOg ;]‘[ObW]\#
Ob */’-.[ Z]QOZZg TW\S U‘OdSZ ^‘SaS\b
;W‘[ b] abWTT TWaac‘SR U‘SgWaV P‘]e\ aZWUVbZg aO\Rg aWZbg 8@6M eWbV]QQOaW]\OZ eVWbS aWZb bcPSa "4*[[ f /[[#’ ;Waac‘Sa O‘S ‘O\R][Zg ]‘WS\bObSRSfb‘S[SZg QZ]aSZg b] dS‘g QZ]aSZg a^OQSR ^ZO\O‘ Z]QOZZg Qc‘dSR a[]]bVZ]QOZZg ^]ZWaVSR’"@]\R]\ 8ZOg ;]‘[ObW]\#
T‘][ *1’.)[ b] *1’/+[ Oaac[SR h]\S ]T Q]‘S Z]aaT‘][ *1’/+[ b] *2’**[ R‘WZZW\U RWabc‘PSR "‘SQ]dS‘SR Oa a]Tb b]TW‘[#
T‘][ *2’+.[ b] *2’-.[ Oaac[SR h]\S ]T Q]‘S Z]aa
T‘][ *2’//[ b] *2’0*[ eWbV a][S TW\S b] Q]O‘aS U‘OdSZ aWhSR ZS\aSa]T P‘]e\ aWZbg TW\S aO\R
GVSSb - ]T 0
9SaQ‘W^bW]\ ]T Gb‘ObO @SUS\R 9S^bV@SdSZ9Obc[ GO[^ZW\U
9SbOWZa>\ GWbc HSab >\abOZZ&
ObW]\
BCH:G3 6ZZ RS^bVa W\ [Sb‘Sa% OZZ RWO[SbS‘a W\ [WZZW[Sb‘Sa’GSS VSORS‘ aVSSb T]‘ RSbOWZa ]T P]‘W\U%
=]ZS >9’
9SbOWZa
7Z]e 8]c\b 6\R
D‘]XSQb B]’
H8F G8F FE9
:[^Z]gS‘:\UW\SS‘
8]]‘RW\ObSa<‘]c\R @SdSZ
:f^Z]‘Ob]‘g =]ZS @]UD‘]XSQb BO[S
=]ZS Hg^S >\QZW\ObW]\
;]‘[ B]’ G>:LD=C@:@C< >aacS’FSdWaW]\ B]’ *’)/ >aacS 9ObS +)()2(+)*, DO‘b ]T bVS 7OQVg G]ZSbO\QVS <‘]c^
GO[^ZS FSQ]dS‘g
;]‘ RSbOWZa ]T OPP‘SdWObW]\a% aSS YSg^‘]U‘Saa O\R eObS‘’
9WO’"HVWQY\Saa#
;>B6@
>D$8D$F8
H60.*)
/’*,[ C9
GWZdS‘b]e\ Hc\\SZ
6bYW\a @bR6bYW\a @bR
@]U D‘W\b 9ObS 6\R HW[S3 *1()/(+)*. *.3+13+0
.,2.12’.2 :% *021*1’)1 B BObW]\OZ <‘WRJS‘bWQOZ
@]U QVSQYSR Pg3 G; ),()/(+)*.
>;
<**6
+*’)/
++’+.
++’0.
+,’/)
+-’,1
"*’*2#
")’.)#
")’1.#
")’01#
"*’)2#
&*-’2,
&*/’*+
&*/’/+
&*0’-0
&*1’+.
9 0/
*2’+.
+)’0.
++’+.
+,’+.
+-’))
+)’0.&+*’).
+)’0.
++’+.
+,’+.
+-’))
+.’))
*)+
*)+
*)+
*)+
*)+
1,
+)
.)
.,
,1
B6
B6
B6
B6
B6
B6
B6
B6
B6
B6
B6
GDH"8# .)(*-.[[+)’0.
+*’).
;W‘[ b] abWTT TWaac‘SR U‘SgWaV P‘]e\ aZWUVbZg aO\Rg aWZbg 8@6M eWbV]QQOaW]\OZ eVWbS aWZb bcPSa "4*[[ f /[[#’ ;Waac‘Sa O‘S ‘O\R][Zg ]‘WS\bObSRSfb‘S[SZg QZ]aSZg b] dS‘g QZ]aSZg a^OQSR ^ZO\O‘ Z]QOZZg Qc‘dSR a[]]bVZ]QOZZg ^]ZWaVSR’"@]\R]\ 8ZOg ;]‘[ObW]\#
T‘][ +)’)1[ eWbV Sfb‘S[SZg QZ]aSZg b] QZ]aSZg a^OQSR TW\S b] Q]O‘aSU‘OdSZ aWhSR ^‘SR][W\O\bZg )&+) RSU‘SSa ZS\aSa ]T P‘]e\ aWZbg TW\SaO\R
Ob +)’/+[ + B] ) RSU‘SSa ZS\aSa ]T P‘]e\ aWZbg TW\S aO\R "41.[[ f/[[#Ob +)’/2[ * B] acP‘]c\RSR [SRWc[ U‘OdSZ aWhSR T‘OU[S\b ]T ^g‘WbWaSRZWU\WbS
T‘][ +)’20[ b] +*’)/[ aZWUVbZg U‘OdSZZg’ <‘OdSZ Wa acP‘]c\RSR b]‘]c\RSR [SRWc[ ]T PZOQY TZW\b
6aac[SR h]\S ]T Q]‘S Z]aa’
7ZOQY acPO\UcZO‘ b] ‘]c\RSR ^‘SR][W\O\bZg ‘]c\RSR TW\S b] Q]O‘aS <F6J:@ ]TTZW\b’"=O‘eWQV ;]‘[ObW]\#
6aac[SR h]\S ]T Q]‘S Z]aa’"=O‘eWQV ;]‘[ObW]\#
7ZOQY acPO\UcZO‘ b] ‘]c\RSR ^‘SR][W\O\bZg ‘]c\RSR TW\S b] Q]O‘aS <F6J:@ ]TTZW\b’"=O‘eWQV ;]‘[ObW]\#
T‘][ +,’/)[ b] +-’))[ ^‘SR][W\O\bZg [SRWc[
6aac[SR h]\S ]T Q]‘S Z]aa’"=O‘eWQV ;]‘[ObW]\#
GVSSb . ]T 0
TW\S G6B9 eWbV T‘S_cS\b ‘O\R][Zg ]‘WS\bObSR TW\S b] Q]O‘aS U‘OdSZ aWhSRPc‘‘]e TSObc‘Sa W\TWZZSR eWbV ZWUVb U‘Sg aWZbg TW\S aO\R’"FSORW\U ;]‘[ObW]\ & @]eS‘ A]bbZSR 8ZOg#
Ob ,*’2)[ QZOg ZS\aSa
GbWTT T‘WOPZS Q‘SO[WaV eVWbS G>@H(8@6M eWbV a][S acPO\UcZO‘ TW\S b] [SRWc[U‘OdSZ aWhSR \]RcZSa ]T QOZQ‘SbS’"FSORW\U ;]‘[ObW]\ & @]eS‘ A]bbZSR 8ZOg#
T‘][ ,+’.)[ b] ,+’/0[ Oaac[SR h]\S ]T Q]‘S Z]aa
Ob ,+’1.[ * B] acP‘]c\RSR [SRWc[ U‘OdSZ ]T P‘]e\ TZW\b
GbWTT PZcWaV U‘Sg []bbZSR ]‘O\UWaV P‘]e\ dS‘g aO\Rg G>@H eWbV QZ]aSZga^OQSR dS‘g bVW\ O\R bVW\ PSRa ]T dS‘g aWZbg TW\S b] [SRWc[ aO\R’"FSORW\U ;]‘[ObW]\ & @]eS‘ A]bbZSR 8ZOg#
T‘][ ,,’.)[ b] ,,’.0[ * B] bVW\ PSR ]T PZcWaV U‘Sg []bbZSR ]‘O\UWaVP‘]e\ aZWUVbZg aO\Rg Z]QOZZg aO\Rg aWZbg QZOgT‘][ ,,’.)[ b] ,,’0)[ Oaac[SR h]\S ]T Q]‘S Z]aa
:f^Z]‘Ob]‘g V]ZS Q][^ZSbS Ob ,.’)) [’
GVSSb 0 ]T 0
9SaQ‘W^bW]\ ]T Gb‘ObO @SUS\R 9S^bV@SdSZ9Obc[ GO[^ZW\U
9SbOWZa>\ GWbc HSab >\abOZZ&
ObW]\
BCH:G3 6ZZ RS^bVa W\ [Sb‘Sa% OZZ RWO[SbS‘a W\ [WZZW[Sb‘Sa’GSS VSORS‘ aVSSb T]‘ RSbOWZa ]T P]‘W\U%
=]ZS >9’
9SbOWZa
7Z]e 8]c\b 6\R
D‘]XSQb B]’
H8F G8F FE9
:[^Z]gS‘:\UW\SS‘
8]]‘RW\ObSa<‘]c\R @SdSZ
:f^Z]‘Ob]‘g =]ZS @]UD‘]XSQb BO[S
=]ZS Hg^S >\QZW\ObW]\
;]‘[ B]’ G>:LD=C@:@C< >aacS’FSdWaW]\ B]’ *’)/ >aacS 9ObS +)()2(+)*, DO‘b ]T bVS 7OQVg G]ZSbO\QVS <‘]c^
GO[^ZS FSQ]dS‘g
;]‘ RSbOWZa ]T OPP‘SdWObW]\a% aSS YSg^‘]U‘Saa O\R eObS‘’
9WO’"HVWQY\Saa#
;>B6@
>D$8D$F8
H60.*)
/’*,[ C9
GWZdS‘b]e\ Hc\\SZ
6bYW\a @bR6bYW\a @bR
@]U D‘W\b 9ObS 6\R HW[S3 *1()/(+)*. *.3+13,+
.,2.12’.2 :% *021*1’)1 B BObW]\OZ <‘WRJS‘bWQOZ
@]U QVSQYSR Pg3 G; ),()/(+)*.
>;
<**6
,)’))
,)’/*
,)’11
,*’2)
,+’.)
,+’21
")’/*#
")’+0#
"*’)+#
")’/)#
")’-1#
"+’)+#
&+,’10
&+-’-1
&+-’0.
&+.’00
&+/’,0
&+/’1.
9 01
9 1)
9 1+
9 1-
,)’))
,*’))
,*’.)
,+’.)
,,’.)
,)’))&,)’,,
,*’))&,*’)/
,+’.)&,+’1+
,,’.) ,,’1*
,*’))
,*’.)
,+’.)
,,’.)
,.’))
*)+
*)+
*)+
*)+
*)+
,2
1/
*))
1,
10
)
**
,2
B6
B6
)
)
**
B6
B6
B>
B>
*)
-)
B6
B>
2)
GDH .)(*1.[[,)’))
GDH .)(+.[[,*’))
GDH .)(*/.[[,+’.)
GDH .)(*/)[[,,’.)
,)’,,
,*’)/
,+’1+
,,’1*
NNNNNNNNNNNN+2’.)[ & +2’11[ 3 FS[OW\W\U 9SbOWZ 3 +2’/)[ & +2’0-[ 3 U‘OdSZ aWhSR ZS\aSa]T P‘]e\ aWZbg TW\S aO\R
9SbOWZ +2’0-[ & +2’01[ 3 T‘][ +2’0-[ b] +2’01[ * B] dS‘g bVW\ PSR]T dS‘g abWTT ZWUVb P‘]e\ aWZbg QZOg
NNNNNNNNNNNN+2’11[ & ,)’))[ 3 ;W‘[ b] abWTT P‘]e\WaV U‘Sg aWZbg 8@6M eWbV T‘S_cS\bZ]QOZZg OPc\RO\b TW\S b] Q]O‘aS U‘OdSZ aWhSR eVWbS Z]QOZZg P‘]e\ aVSZZaO\R aVSZZ T‘OU[S\ba’ "K]]ZeWQV ;]‘[ObW]\ & @]eS‘ GVSZZg 7SRa#
JS‘g abWTT P‘]e\WaV U‘Sg 8@6M eWbV OPc\RO\b TW\S b] Q]O‘aS U‘OdSZ aWhSReVWbS O\R P‘]e\ aVSZZg T‘OU[S\ba’ 9SaQ‘W^bW]\ T‘][ GDH aO[^ZS’"K]]ZeWQV ;]‘[ObW]\ & @]eS‘ GVSZZg 7SRa#
GbWTT P‘]e\WaV U‘Sg 8@6M eWbV T‘S_cS\b TW\S b] Q]O‘aS U‘OdSZ aWhSR eVWbSO\R P‘]e\ aVSZZa O\R aVSZZ T‘OU[S\ba’"K]]ZeWQV ;]‘[ObW]\ & @]eS‘ GVSZZg 7SRa#
KSOY b] [SRWc[ ab‘]\U Q‘SO[WaV eVWbS 86@8F:H:’"FSORW\U ;]‘[ObW]\ & @]eS‘ A]bbZSR 8ZOg#
T‘][ ,)’11[ b] ,*’))[ ‘SQ]dS‘SR Oa \]\ W\bOQb Q]‘S "O\UcZO‘ Q]O‘aSU‘OdSZ O\R Q]PPZS aWhSR T‘OU[S\ba#T‘][ ,*’))[ b] ,*’)0[ Oaac[SR h]\S ]T Q]‘S Z]aaT‘][ ,*’)0[ b] ,*’,2[ ‘SQ]dS‘SR Oa \]\ W\bOQb Q]‘S "O\UcZO‘ TW\S b]Q]O‘aS U‘OdSZ aWhSR T‘OU[S\ba#
T‘][ ,*’/1[ Z]QOZZg []bbZSR U‘SgWaV P‘]e\
7ZcWaV U‘Sg []bbZSR ]‘O\UWaV P‘]e\ dS‘g aWZbg TW\S b] [SRWc[ ^‘SR][W\O\bZg
2HZL?PWL
69=1;
B1-+’&
&’%’(%(&’*#.$-(T >4
APS]LY[V^U B\UULS
1[RPUZ ;[K1[RPUZ ;[K
;VN ?YPU[ 4H[L 1UK BPTL0 ’.%&,%(&’+ ’+0’-0&(
+)/-’+$/- 5" ’-//(*$(& = =H[PVUHS 7YPK&+%’(%(&’*
;VN JOLJRLK I‘0 A6 &)%&,%(&’+
DLY[PJHS
7’(
&$&& (($)’ 3? &’%’(%(&’* &+%’(%(&’* 73 BE =1 =1 4HUKV )&&&
’,$-& ’-$&& ’*&+ &’&&’-$&& ’-$(& ’+&+ &&)&’-$+& ’-$,& ’-&& &&)&’-$/& ’.$&& ’-*+ &&)&
&$&& (($+& 2LU[VUP[L
(+&(&&
.$&&(($+&
(+&(&&
.$&&’+$+&
?9?5 3>=AB@C3B9>=94
OOTTZZ
2P[3VYL 3VYL
2HYYLS A\WWVY[;VNNLK 2‘
4PH$VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
2HZL VMZLJ[PVU
BVW VM213:69;; 45B19;A
4\YH[PVUOOTT
A[HY[ [PTL
6S\ZOJVSV\Y
[HRLUMSV^
6VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 2HZLB‘WL VM
WPWL4PZ[HUJL
9=AB1;;1B9>= 45B19;A
MYVT 7$;$94
?YVQLJ[ =V$
?YVQLJ[ =HTL
5TWSV‘LY5UNPULLY
3VVYKPUH[LZ7YV\UK ;L]LS9UJSPUH[PVU4H[L A[HY[LK 4H[L 3VTWSL[LK
8VSL 94$5_WSVYH[VY‘ 8VSL ;VN
312;5 ?5@3CAA9>= 45B19;A
8>;5 491<5B5@ % 31A9=7
E1B5@ AB@9:5A
@>B1@G 6;CA8 45B19;A
8HYK A[YH[H 4LW[OMYVT [V
OOTT
8VSLKPHTL[LY
4LW[O VMOVSL
3HZPUNKPHTL[LY
4LW[O VMJHZPUN
4H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
3HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
8LHKLY ?HNL ’
=>B5A0 1SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
6YVTKLW[O
BVKLW[O
6S\ZO[‘WL
6S\ZOYL[\YU
@LTHYRZ3OPZLSSPUN
6VYT =V$ A95F?8>;584@ ?’ 9ZZ\L$@L]PZPVU =V$ ’$&, 9ZZ\L 4H[L &-%’&%(&’)
5X\PWTLU[BVW 2HZL B‘WL 4H[L A[HY[LK 4H[L 5UKLK 3YL^ ALJ[PVU AOVYPUN % @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ$OHYK Z[YH[H [PTL PU OOTT
BVW 2HZL 4PHTL[LY BPTL @LJV]LY‘!
4G=1<93 A1<?;9=7
?HY[ VM [OL 2HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
.)(/.VV "+.(..%.)(/.# 5D10 /) *.’)) &/’0)*2’)) ECF .)(*/)VV "2%*-%*2%+,%1(*)# 5D10 /) *.’.) &/’0)+)’.) ECF .)(*.)VV "2%*/(/.%*2%,*# 5D10 /) *.’.) &2’2)++’)) ECF .)(*0.VV "*+%*,(/)%+*%+*%1(+.# 5D10 /) *.’.) &**’+)
MNY\Q!
CZXSNL\ AX’
CZXSNL\ AJVN
9VYUXaNZ9WPRWNNZ
7XXZMRWJ\N[;ZX]WM ?N^NU=WLURWJ\RXW8J\N E\JZ\NM 8J\N 7XVYUN\NM
<XUN =8’9‘YUXZJ\XZa <XUN ?XP
ECF 89F5=?ECDB;D9EEDNVJZT[8J\N FRVN <XUN
MNY\Q MNY\Q7J[RWP HJ\NZ
MNY\Q8NY\Q FaYN =WLZNVNW\JU KUX_ LX]W\ (
<NJMNZ CJPN +
ABF9E3 5UU MNY\Q[ RW VN\ZN[%
$ ENJ\RWP KUX_[ XWUa’
7J[RWP HJ\NZMNY\Q
:XZV AX’ E=9IC<B?9<8D C+ =[[]N’DN^R[RXW AX’ *’)/ =[[]N 8J\N *+(),(+)*-
JUU MRJVN\NZ[ RW VRUURVN\ZN[’
9WNZPaZJ\RXYNWN\ZJ\RXW RW VV
<JVVNZAX’
CJZ\ XO \QN 6JLQa EXUN\JWLQN PZX]Y
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFXY
8NY\Q6J[N
8NY\QDNVJZT[
:=A5?
8NY\Q \X KNM UN^NU3 */’0)V OZXV MNLT’*’
:XZ MN\JRU[ XO JKKZN^RJ\RXW[% [NN TNa
F50.*)
)*(*+(+)*-&1’0+V B8
ERU^NZ\X_W F]WWNU
5\TRW[ ?\M5\TRW[ ?\M
?XP CZRW\ 8J\N 5WM FRVN3 *1()/(+)*. *.3*03).
.,20*.’20 9% *022+-’+) A AJ\RXWJU ;ZRM).(*+(+)*-
?XP LQNLTNM Ka3 E: ),()/(+)*.
GNZ\RLJU
;*+
/’.) 0’.) 6NW\XWR\N [NJU’
)+(*+(+)*- )/,) )’)) & AD E\JZ\ XO [QRO\)+(*+(+)*- *2)) -’)) ,’,) &0’,) 9WM XO [QRO\),(*+(+)*- )0)) -’)) ,’,) &2’-) E\JZ\ XO [QRO\),(*+(+)*- *2*) *.’)) *-’-) &/’0) 9WM XO [QRO\)-(*+(+)*- )0)) *.’)) *-’-) /’0) E\JZ\ XO [QRO\)-(*+(+)*- *2)) *1’.) *.’)) &/’.) 9WM XO [QRO\).(*+(+)*- )0)) *1’.) *.’)) &1’)) E\JZ\ XO EQRO\).(*+(+)*- *2)) ++’,* *.’)) &**’2) 9WM XO <XUN
*’)) ECF"7# A4*/ ",%.%-%,%,%/# 5D10 /) *’)) &.’.),’.) ECF A4+. "-%.%/%/%0%/# 5D10 /) ,’,) &0’,)/’.) ECF A4,* ".%.%/%0%2%2# 5D10 /) -’*) &2’))0’.) ECF .)(*-)VV "*1%0(+.%+*%+2(/.# 5D10 /) -’,) &*)’,)1’.) ECF .)(*2)VV "**%*,%*1%+*%**(-)# 5D10 /) 1’.) &*)’.)
*)’)) ECF .)(*-)VV "*+%*,(-.%+)%,)(/.# 5D10 /) *)’)) &*)’))**’.) ECF .)(*,.VV "/%*1%+-%+/(/)# 5D10 /) **’)) &1’))*+’)) ECF .)(*/)VV "2%*-%*2%+/%.(*)# 5D10 /) *+’)) &0’1)*,’.) ECF .)(*,)VV "*/%2(.)%+0%+,(..# 5D10 /) *,’.) &-’0)*.’.) ECF .)(+-.VV "0%*+%*+%*/%*/%/(+)# 5D10 /) *.’)) &2’.)*/’/) ECF .)(*).VV "+.(-.%-)%*)(,)# 5D10 /) *.’)) &2’0)*0’.) ECF
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%0&/*W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)/2(0
-+1/)-&1/ 8$ )/11*,&*( ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:)*
(&/(
)&.(
"(&/(#
"(&1(#
"-&1(#
%1&,*
%)(&+*
7 )
7 *
5 +
7 ,
FE -
7 .
7 /7 0
7 1
(&((
(&/(
)&((%)&-(
)&.(
*&((%*&,-
*&-(
+&-(+&-(%+&1-
,&-(
)(( -( 5VY‘\$ )((! COMY_O[b
DAE"6# ?3).)&((
DAE ?3*-+&-(
)&,-
+&1-
>478 :C@F?72 5VKMU$ NK[U Q[Ob KXN L[Y‘X \VSQR]Vb \KXNb K\Rb _O[b KXQ^VK[]Y \^LKXQ^VK[ PSXO ]Y WONS^W Q[K_OV \ScON P[KQWOX]\ YP MYXM[O]O$ L[SMU KXNPVSX]& DKXN \ScON P[KQWOX]\ K[O PSXO ]Y MYK[\O&">KNO :[Y^XN#
>ONS^W NOX\O W^V]S%MYVY^[ON \KXNb _O[b KXQ^VK[ ]Y [Y^XNON PSXO ]Y MYK[\O:C4G8= YP PVSX]& DKXN S\ PSXO ]Y MYK[\O&"CS_O[ EO[[KMO 7OZY\S]\#
D]SPP ]Y _O[b \]SPP PS\\^[ON ]RSXVb ]Y ]RSMUVb VKWSXK]ON Q[Ob \VSQR]Vb\KXNb 6=4J ‘S]R YMMK\SYXKV ZK[]SXQ\ YP \SV] KXN’Y[ \KXNb \SV]& @MMK\SYXKVPSXO ]Y WONS^W \KXN \ScON \OVOXS]O& DKXN S\ PSXO&"=YXNYX 6VKb 9Y[WK]SYX#
P[YW )&.(W ]Y *&-(W MVKb S\ L[Y‘X
DROO] ) YP -
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%0&/*W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)/2)(
-+1/)-&1/ 8$ )/11*,&*( ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:)*
/&-(
1&((
")&-(#
%).&**
%)/&/*
FE )(
7 ))
7 )*7 )+
7 ),7 )-5 ).
7 )/7 )05 )1
7 *(
-&((%-&,-
-&-(
.&-(
.&-(%.&1-
/&-(/&-(%/&/,/&-(%0&((
0&-(0&-(%0&0,0&-(%1&((
1&-(
)(( .( 5VY‘\$ )((! COMY_O[b
DAE ?3+).&-(
DAE -(’),(WW/&-(
DAE -(’)1(WW0&-(
.&1-
/&/,
0&0,
D]SPP ]Y _O[b \]SPP PS\\^[ON ]RSXVb ]Y ]RSMUVb VKWSXK]ON Q[Ob \VSQR]Vb\KXNb 6=4J ‘S]R YMMK\SYXKV ZK[]SXQ\ YP \SV] KXN’Y[ \KXNb \SV]& @MMK\SYXKVPSXO ]Y WONS^W \KXN \ScON \OVOXS]O& DKXN S\ PSXO&"=YXNYX 6VKb 9Y[WK]SYX#
GO[b NOX\O Q[Ob \SV]b Q[K_OVVb PSXO ]Y WONS^W D4?7& :[K_OV S\ ‘OVV [Y^XNONPSXO ]Y WONS^W YP PVSX]&";K[‘SMR 9Y[WK]SYX#
P[YW /&-(W ]Y 0&((W \SV]b \KXNb Q[K_OV
GO[b NOX\O SXNS\]SXM]Vb VKWSXK]ON’LONNON Q[Ob \SV]b PSXO ]Y WONS^W D4?7‘S]R \YWO ]RSX ]Y ]RSMU VKWSXK]SYX\$ ZYMUO]\ KXN VOX\O\ YP \YP] Q[Ob \KXNbMVKb KXN _O[b \KXNb \SV]& DKXN S\ PSXO ]Y WONS^W&"HYYV‘SMR 9Y[WK]SYX % =KWSXK]ON 5ON\#
DROO] * YP -
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%0&/*W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)/2))
-+1/)-&1/ 8$ )/11*,&*( ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:)*
),&-(
"-&-(#
%*+&**
7 *)5 **
7 *+F *,
7 *-7 *.5 */
7 *07 *15 +(
7 +)
7 +*7 ++5 +,
7 +-F +.
)(&((%)(&*.)(&((%)(&-(
))&(())&((%))&,-
))&-())&-(%))&/1))&-(%)*&((
)*&(()*&((%)*&+))*&((%)*&-(
)+&((
)+&-()+&-(%)+&/.)+&-(%),&((
),&-(),&-(%),&1-
)((
)((
)(( 5VY‘\$ ./! COMY_O[b
1( 5VY‘\$ )((! COMY_O[b
DAE -(’),(WW)(&((
DAE -(’)+-WW))&-(
DAE -(’).(WW)*&((
DAE -(’)+(WW)+&-(
)(&*.
))&/1
)*&+)
)+&/.
GO[b NOX\O SXNS\]SXM]Vb VKWSXK]ON’LONNON Q[Ob \SV]b PSXO ]Y WONS^W D4?7‘S]R \YWO ]RSX ]Y ]RSMU VKWSXK]SYX\$ ZYMUO]\ KXN VOX\O\ YP \YP] Q[Ob \KXNbMVKb KXN _O[b \KXNb \SV]& DKXN S\ PSXO ]Y WONS^W&"HYYV‘SMR 9Y[WK]SYX % =KWSXK]ON 5ON\#
GO[b \]SPP NK[U Q[Ob \VSQR]Vb \KXNb 6=4J ‘S]R KL^XNKX] PSXO ]Y MYK[\OQ[K_OV \ScON \ROVV\ KXN \ROVV P[KQWOX]\ YP LS_KV_O\&"HYYV‘SMR 9Y[WK]SYX % =Y‘O[ DROVVb 5ON\#
DROO] + YP -
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%0&/*W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)/2)*
-+1/)-&1/ 8$ )/11*,&*( ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:)*
).&-(
)1&((
"*&((#
"*&-(#
%*-&**
%*/&/*
7 +/F +0
7 +17 ,(
7 ,)F ,*
F97 ,+7 ,,
7 ,-
7 ,.7 ,/
7 ,0
7 ,1
7 -(5 -)
)-&(()-&((%)-&,-
)-&-()-&-(%)-&1(
).&(().&((%).&,-
).&-(%).&.().&-().&.(%).&/-
)/&((
)/&-()/&-(%)/&.*
)0&((
)0&-(
)1&((%)1&+()1&((%)1&-(
)((
)((
)((
)(( 5VY‘\$ )((! COMY_O[b
1( 5VY‘\$ )((! COMY_O[b
)(( 5VY‘\$ (! COMY_O[b
DAE -(’*,-WW)-&-(
DAE -(’)(-WW).&.(
DAE -(’.-WW)/&-(
DAE -(’).(WW)1&((
)-&1(
).&/-
)/&.*
)1&+)
GO[b \]SPP NK[U Q[Ob \VSQR]Vb \KXNb 6=4J ‘S]R KL^XNKX] PSXO ]Y MYK[\OQ[K_OV \ScON \ROVV\ KXN \ROVV P[KQWOX]\ YP LS_KV_O\&"HYYV‘SMR 9Y[WK]SYX % =Y‘O[ DROVVb 5ON\#
GO[b \]SPP VSQR] Q[Ob Q[OOX$ NK[U Q[Ob KXN VSQR] L[Y‘X WY]]VON \KXNb 6=4J‘S]R _O[b ]RSX LON\ YP ‘OKU ]Y WONS^W \][YXQ VSQR] L[Y‘X MKVM[O]O& DKXN S\PSXO ]Y MYK[\O&"COKNSXQ 9Y[WK]SYX % =Y‘O[ >Y]]VON 6VKb#
P[YW ).&-(W ]Y )/&((W2 \VSQR]Vb \KXNb&
GO[b \]SPP Q[OOXS\R LV^O KXN LV^O’Q[Ob WY]]VON \KXNb 6=4J ‘S]R NS\]SXM]VKWSXK]SYX\ KXN ZYMUO]\ YP MVKbOb \KXN& DKXN S\ PSXO ]Y WONS^W& 7[SVVO[XY]ON YMMK\SYXKV Q[K_OV&"FZXY[ 9Y[WK]SYX#
P[YW )1&((W ]Y *(&((W2 Q[OOXS\R LV^O KXN NK[U L[Y‘X&
DROO] , YP -
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%0&/*W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)/2)+
-+1/)-&1/ 8$ )/11*,&*( ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:)*
**&((
**&+)
"+&((#
"(&+)#
%+(&/*
%+)&(+
7 -*8D -+
7 -,5 --
7 -.
7 -/
*(&((*(&((
*(&-(%*(&/1*(&-(%*)&((
*)&-(
**&((%**&+)
DAE -(’)-(WW*(&-(
DAE -(’)/-WW**&((
*(&/1
**&+)
GO[b \]SPP Q[OOXS\R LV^O KXN LV^O’Q[Ob WY]]VON \KXNb 6=4J ‘S]R NS\]SXM]VKWSXK]SYX\ KXN ZYMUO]\ YP MVKbOb \KXN& DKXN S\ PSXO ]Y WONS^W& 7[SVVO[XY]ON YMMK\SYXKV Q[K_OV&"FZXY[ 9Y[WK]SYX#
P[YW *)&-(W ]Y **&((W ‘S]R NS\]SXM] ZYMUO]\’VKWSXK]SYX\ YP L[Y‘X\SV]b \KXN
GO[b \]SPP Q[OOX$ NK[U L[Y‘X KXN Q[Ob \VSQR]Vb \KXNb \VSQR]Vb Q[K_OVVb6=4J& :[K_OV S\ KXQ^VK[ ]Y \^L[Y^XNON PSXO YP PVSX]&"FZXY[ 9Y[WK]SYX#
8aZVY[K]Y[b RYVO MYWZVO]O K] **&+) W&
DROO] - YP -
2HZL?PWL
69=1;
B1-+’&
&.%’(%(&’*#’&$,+T >4
APS]LY[V^U B\UULS
1[RPUZ ;[K1[RPUZ ;[K
;VN ?YPU[ 4H[L 1UK BPTL0 ’.%&,%(&’+ ’+0’-0(-
+)/.’*$(, 5" ’.&&’*$(- = =H[PVUHS 7YPK’(%’(%(&’*
;VN JOLJRLK I‘0 A6 &)%&,%(&’+
DLY[PJHS
7’)
&$&& )&$’) 3? &.%’(%(&’* ’(%’(%(&’* 73%7B BE =1 =1 4HUKV )&&&
’,$+& ’,$,& ’-&& &’)& 3OPZLSSPUN’,$,& ’,$.& ’&&& &&)& 3OPZLSSPUN’-$&& ’-$(& ’’’+ &&)& 3OPZLSSPUN
&$&& )&$’) 2LU[VUP[L
(+&’+&
.$&&)&$’)
(+&’+&
)$(+(($&&
?9?5 3>=AB@C3B9>=94
OOTTZZ
2P[3VYL 3VYL
2HYYLS A\WWVY[;VNNLK 2‘
4PH$VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
2HZL VMZLJ[PVU
BVW VM213:69;; 45B19;A
4\YH[PVUOOTT
A[HY[ [PTL
6S\ZOJVSV\Y
[HRLUMSV^
6VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 2HZLB‘WL VM
WPWL4PZ[HUJL
9=AB1;;1B9>= 45B19;A
MYVT 7$;$94
?YVQLJ[ =V$
?YVQLJ[ =HTL
5TWSV‘LY5UNPULLY
3VVYKPUH[LZ7YV\UK ;L]LS9UJSPUH[PVU4H[L A[HY[LK 4H[L 3VTWSL[LK
8VSL 94$5_WSVYH[VY‘ 8VSL ;VN
312;5 ?5@3CAA9>= 45B19;A
8>;5 491<5B5@ % 31A9=7
E1B5@ AB@9:5A
@>B1@G 6;CA8 45B19;A
8HYK A[YH[H 4LW[OMYVT [V
OOTT
8VSLKPHTL[LY
4LW[O VMOVSL
3HZPUNKPHTL[LY
4LW[O VMJHZPUN
4H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
3HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
8LHKLY ?HNL ’
=>B5A0 1SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
6YVTKLW[O
BVKLW[O
6S\ZO[‘WL
6S\ZOYL[\YU
@LTHYRZ3OPZLSSPUN
6VYT =V$ A95F?8>;584@ ?’ 9ZZ\L$@L]PZPVU =V$ ’$&, 9ZZ\L 4H[L &-%’&%(&’)
5X\PWTLU[BVW 2HZL B‘WL 4H[L A[HY[LK 4H[L 5UKLK 3YL^ ALJ[PVU AOVYPUN % @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ$OHYK Z[YH[H [PTL PU OOTT
BVW 2HZL 4PHTL[LY BPTL @LJV]LY‘!
4G=1<93 A1<?;9=7
?HY[ VM [OL 2HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
+*’)) ECF .)(*+.VV "*1%0(*.%,)%+)(.)# 5D10 /) +)’)) &**’.)++’.) ECF .)(*+.VV "*.%*)(,)%+1%++(.)# 5D10 /) +)’)) &*)’))+-’)) ECF .)(*/)VV "*+%*,(.)%+*%+-%.(*)# 5D10 /) +)’)) &2’,)+.’.) ECF .)(**)VV "*-%**(-.%+/%+-(,.# 5D10 /) ++’)) &/’.)+0’)) ECF .)(-.VV "+.%.)(-.# 5D10 /) ++’)) &-’-)+1’.) ECF .)(/.VV "*+%*,(,)%.)(/.# 5D10 /) ++’)) &.’-),)’)) ECF .)(-.VV "+)%.(*)%.)(-.# 5D10 /) ++’)) &/’))
MNY\Q!
CZXSNL\ AX’
CZXSNL\ AJVN
9VYUXaNZ9WPRWNNZ
7XXZMRWJ\N[;ZX]WM ?N^NU=WLURWJ\RXW8J\N E\JZ\NM 8J\N 7XVYUN\NM
<XUN =8’9‘YUXZJ\XZa <XUN ?XP
ECF 89F5=?ECDB;D9EEDNVJZT[8J\N FRVN <XUN
MNY\Q MNY\Q7J[RWP HJ\NZ
MNY\Q8NY\Q FaYN =WLZNVNW\JU KUX_ LX]W\ (
<NJMNZ CJPN +
ABF9E3 5UU MNY\Q[ RW VN\ZN[%
$ ENJ\RWP KUX_[ XWUa’
7J[RWP HJ\NZMNY\Q
:XZV AX’ E=9IC<B?9<8D C+ =[[]N’DN^R[RXW AX’ *’)/ =[[]N 8J\N *+(),(+)*-
JUU MRJVN\NZ[ RW VRUURVN\ZN[’
9WNZPaZJ\RXYNWN\ZJ\RXW RW VV
<JVVNZAX’
CJZ\ XO \QN 6JLQa EXUN\JWLQN PZX]Y
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFXY
8NY\Q6J[N
8NY\QDNVJZT[
:=A5?
8NY\Q \X KNM UN^NU3 *0’.)V OZXV MNLT’*’
:XZ MN\JRU[ XO JKKZN^RJ\RXW[% [NN TNa
F50.*)
)1(*+(+)*-&*)’/.V B8
ERU^NZ\X_W F]WWNU
5\TRW[ ?\M5\TRW[ ?\M
?XP CZRW\ 8J\N 5WM FRVN3 *1()/(+)*. *.3*03,*
.,21*-’+/ 9% *1))*-’+0 A AJ\RXWJU ;ZRM*+(*+(+)*-
?XP LQNLTNM Ka3 E: ),()/(+)*.
GNZ\RLJU
;*,
)1(*+(+)*- )0,) )’)) & AD E\JZ\ XO <XUN)1(*+(+)*- *2)) 1’*2 0’0) &*-’+) 9WM XO EQRO\)2(*+(+)*- )0,) 1’*2 0’0) &2’)) E\JZ\ XO EQRO\)2(*+(+)*- *2)) */’/) *+’.) &2’.) 9WM XO EQRO\*)(*+(+)*- )0)) */’/) *+’.) &*)’)) E\JZ\ XO EQRO\*)(*+(+)*- *2)) +-’+2 +)’)) &1’1) 9WM XO EQRO\**(*+(+)*- )0)) +-’+2 +)’)) &*)’+) E\JZ\ XO EQRO\**(*+(+)*- *1)) ,)’*, ++’)) &/’0) 9WM XO EQRO\*+(*+(+)*- )0,) ,)’*, ++’)) &2’2) E\JZ\ XO EQRO\*+(*+(+)*- *1)) ,)’*, ++’)) AD 9WM XO <XUN
+’.) ECF A4,* "/%/%0%0%1%2# 5D10 /) +’,. &/’*).’.) ECF A4,. ".%.%1%2%2%2# 5D10 /) +’,. &2’))1’)) ECF .)(0)VV "*)%*.(-.%.)(0)# 5D10 /) +’,. &**’.)2’.) ECF .)(*,.VV "*+%*,(.)%+/%+-(/)# 5D10 /) 2’.) &2’))
**’)) ECF .)(*+.VV "1%*/%,+%*1(.)# 5D10 /) **’)) &0’.)*+’.) ECF .)(*-.VV "1%*-%+1%++(0)# 5D10 /) *+’.) &1’+)*.’)) ECF .)(+-.VV "+.(.)%+)%*/%*)%-(+)# 5D10 /) *+’.) &2’.)*/’)) ECF .)(*-.VV "*/%2(,.%++%+1(0)# 5D10 /) *+’.) &**’))*0’)) ECF .)(/.VV "+.(.)%.)(/)# 5D10 /) */’2) &1’2)*2’.) ECF .)(*+)VV "*1%0(+)%,+%*1(-.# 5D10 /) *2’-) &*)’.)
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%)(&.-W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)/2+-
-+10),&*. 8$ )0((),&*/ ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:)+
(&)-
".&+-#
%)(&0(
7 )5 *
7 +
7 ,FE -
7 .
7 /
7 05 1
7 )(
FE ))
7 )*
(&(((&((%(&-(
(&-(
)&(()&((%)&,-
)&-(
*&*-
*&-(%*&1-*&-(%+&((
+&-(
,&((%,&,-
,&-(
)((
)((
,( 5VY‘\$ )((! COMY_O[b
-( 5VY‘\$ )((! COMY_O[b
DAE ?3+)*&-(
*&1-
>478 :C@F?72 5VKMU$ Q[Ob KXN L[Y‘X PSXO ]Y MYK[\O \KXN \ScON P[KQWOX]\ KXNKXQ^VK[ ]Y [Y^XNON PSXO ]Y WONS^W Q[K_OV \ScON P[KQWOX]\ YP PVSX]$ L[SMU$K\R KXN MYXM[O]O& ">478 :C@F?7#">KNO :[Y^XN#
D]SPP Q[Ob PS\\^[ON \VSQR]Vb \KXNb 6=4J ‘S]R SXNS\]SXM] ]RSX VKWSXK]SYX\YP \KXNb \SV] KXN \SV]b \KXN&"=YXNYX 6VKb 9Y[WK]SYX#
K] ,&-(W VKWSXK]SYX\ K[O ]RSX ]Y ]RSMU
DROO] ) YP /
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%)(&.-W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)/2+.
-+10),&*. 8$ )0((),&*/ ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:)+
.&-(
/&+(
0&((
"(&0(#
"(&/(#
%)/&)-
%)/&1-
%)0&.-
7 )+
7 ),5 )-
7 ).
FE )/
7 )0
7 )17 *(5 *)
7 **
7 *+5 *,
-&((
-&-(%-&1--&-(%.&((
.&-(
/&((%/&,-
/&-(
0&((0&((%0&)10&((%0&-(
1&((
1&-(%1&/.1&-(%)(&((
)(( /- 5VY‘\$ ./! COMY_O[b
DAE ?3+--&-(
DAE -(’/(WW0&((
DAE -(’)+-WW1&-(
-&1-
0&)1
1&/.
D]SPP Q[Ob PS\\^[ON \VSQR]Vb \KXNb 6=4J ‘S]R SXNS\]SXM] ]RSX VKWSXK]SYX\YP \KXNb \SV] KXN \SV]b \KXN&"=YXNYX 6VKb 9Y[WK]SYX#
D]SPP ]Y _O[b \]SPP Q[Ob 6=4J ‘S]R YMMK\SYXKV ZYMUO]\’VKWSXK]SYX\ YP\VSQR]Vb \KXNb \SV]& KXN \YWO PSXO Q[K_OV \ScON P[KQWOX]\ YP \ROVV\&";K[‘SMR 9Y[WK]SYX#
GO[b NOX\O Q[Ob \VSQR]Vb Q[K_OVVb \SV]b PSXO ]Y WONS^W D4?7& :[K_OV S\‘OVV [Y^XNON PSXO ]Y WONS^W YP LVKMU PVSX]&";K[‘SMR 9Y[WK]SYX#
GO[b NOX\O Q[Ob \SV]b PSXO ]Y WONS^W D4?7 ‘S]R SXNS\]SXM] VKWSXK]SYX\ YP\YP] ]Y PS[W Q[Ob \KXNb MVKb&"HYYV‘SMR 9Y[WK]SYX % =KWSXK]ON 5ON\#
DROO] * YP /
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%)(&.-W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)/2+0
-+10),&*. 8$ )0((),&*/ ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:)+
)+&0(
"-&0(#
"*&*(#
%*,&,-
7 *-
7 *.5 */
7 *0
7 *15 +(
7 +)
7 +*
F ++
7 +,F +-
)(&-(
))&((%))&*0))&((%))&-(
)*&((
)*&-(%)*&0()*&-(%)+&((
)+&-(
)+&0(
),&((%),&,-
),&-(),&-(%),&1-
)((
)((
0( 5VY‘\$ 01! COMY_O[b
)(( 5VY‘\$ 01! COMY_O[b
DAE -(’)*-WW))&((
DAE -(’),-WW)*&-(
))&*0
)*&0(
GO[b NOX\O Q[Ob \SV]b PSXO ]Y WONS^W D4?7 ‘S]R SXNS\]SXM] VKWSXK]SYX\ YP\YP] ]Y PS[W Q[Ob \KXNb MVKb&"HYYV‘SMR 9Y[WK]SYX % =KWSXK]ON 5ON\#
GO[b \]SPP Q[Ob \VSQR]Vb \KXNb 6=4J ‘S]R KL^XNKX] PSXO ]Y MYK[\O Q[K_OV\ScON P[KQWOX]\ YP M[OKW KXN VSQR] L[Y‘X \ROVV\ "Z[YLKLVb LS_KV_O#&"HYYV‘SMR 9Y[WK]SYX % =Y‘O[ DROVVb 5ON\#
DROO] + YP /
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%)(&.-W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)/2,(
-+10),&*. 8$ )0((),&*/ ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:)+
).&((
).&.(
)0&((
)0&-(
)1&((
)1&)(
)1&.(
"(&.(#
")&,(#
"(&-(#
"(&-(#
"(&-(#
%*.&.-
%*/&*-
%*0&.-
%*1&)-
%*1&.-
%*1&/-
%+(&*-
7 +.7 +/
7 +0F +1
7 ,(7 ,)
7 ,*7 ,+5 ,,
7 ,-
7 ,.F ,/
7 ,0
7 ,17 -(5 -)
)-&(()-&((%)-&+(
)-&-()-&-(%)-&1-
).&(().&((%).&*.
)/&(()/&((%)/&)*)/&((%)/&-(
)0&((
)0&-()0&-(%)0&1-
)1&((
)1&-()1&-(%)1&/*)1&-(%*(&((
)((
)((
)(( 5VY‘\$ -.! COMY_O[b
0( 5VY‘\$ )((! COMY_O[b
DAE -(’*,-WW)-&((
DAE -(’),-WW).&((
DAE -(’.-WW)/&((
DAE -(’)*(WW)1&-(
)-&+(
).&*.
)/&)*
)1&/*
GO[b \]SPP Q[Ob \VSQR]Vb \KXNb 6=4J ‘S]R KL^XNKX] PSXO ]Y MYK[\O Q[K_OV\ScON P[KQWOX]\ YP M[OKW KXN VSQR] L[Y‘X \ROVV\ "Z[YLKLVb LS_KV_O#&"HYYV‘SMR 9Y[WK]SYX % =Y‘O[ DROVVb 5ON\#
D]SPP L[Y‘X \SV]b 6=4J ‘S]R KL^XNKX] PSXO ]Y WONS^W Q[K_OV \ScON ‘RS]O\ROVV P[KQWOX]\&"HYYV‘SMR 9Y[WK]SYX % =Y‘O[ DROVVb 5ON\#
D]SPP Q[Ob$ L[Y‘X$ Q[OOX KXN LV^O WY]]VON \SV]b 6=4J ‘S]R YMMK\SYXKV PSXO]Y MYK[\O Q[K_OV \ScON Q[Ob MKVM[O]O P[KQWOX]\&"COKNSXQ 9Y[WK]SYX % =Y‘O[ >Y]]VON 6VKb#
GO[b NOX\O Q[OOX LV^O \SV]b PSXO ]Y MYK[\O D4?7 ‘S]R YMMK\SYXKV MYK[\OQ[K_OV \ScON ZYMUO]\ YP Q[Ob MKVM[O]O&"FZXY[ 9Y[WK]SYX#
D]SPP Q[OOX KXN LV^O \KXNb 6=4J ‘S]R YMMK\SYXKV MYK[\O Q[K_OV \ScONZYMUO]\ YP Q[Ob MKVM[O]O&"FZXY[ 9Y[WK]SYX#
7OX\O NK[U Q[Ob \SV]b Q[K_OVVb PSXO ]Y MYK[\O D4?7& :[K_OV S\ [Y^XNONMYK[\O YP PVSX]&"FZXY[ 9Y[WK]SYX#
D]SPP Q[OOX LV^O \SV]b \KXNb 6=4J& DKXN S\ PSXO ]Y MYK[\O&"FZXY[ 9Y[WK]SYX#
7OX\O Q[OOX KXN LV^O \SV]b MVKbOb PSXO ]Y MYK[\O D4?7&"FZXY[ 9Y[WK]SYX#
DROO] , YP /
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%)(&.-W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)/2,*
-+10),&*. 8$ )0((),&*/ ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:)+
*)&-(
*)&0(
*,&((
")&1(#
"(&+(#
"*&*(#
%+*&)-
%+*&,-
%+,&.-
7 -*
7 -+5 -,
7 --
8D -.7 -/
7 -05 -1
7 .(
7 .)7 .*5 .+
7 .,
*(&-(
*)&((%*)&***)&((%*)&-(
*)&-(
**&((**&((
**&-(**&-(%*+&((
*+&-(
*,&((*,&((%*,&*1*,&((%*,&-(
*,&-(
DAE -(’)*-WW*)&((
DAE -(’)*-WW**&-(
DAE -(’).(WW*,&((
*)&**
**&/+
*,&*1
7OX\O Q[OOX KXN LV^O \SV]b MVKbOb PSXO ]Y MYK[\O D4?7&"FZXY[ 9Y[WK]SYX#
P[YW *)&((W ]Y *)&**W _O[b MVKbOb _O[b \KXNb Q[K_OV& :[K_OV S\[Y^XNON WONS^W ]Y MYK[\O YP PVSX]
D]SPP Q[OOX \VSQR]Vb \KXNb Q[K_OVVb 6=4J& :[K_OV S\ \^L[Y^XNON WONS^W ]YMYK[\O YP LVKMU PVSX]& DKXN S\ PSXO ]Y MYK[\O&"FZXY[ 9Y[WK]SYX#
GO[b NOX\O Q[Ob _O[b \SV]b PSXO ]Y WONS^W D4?7&"ERKXO] DKXN#
GO[b NOX\O Q[OOX \SV]b PSXO ]Y WONS^W D4?7 ‘S]R SXNS\]SXM]ZYMUO]\’VKWSXK]SYX\ YP PS[W Q[OOXS\R Q[Ob KXN L[Y‘X \KXNb 6=4J&"ERKXO] DKXN#
DROO] - YP /
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%)(&.-W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)/2,,
-+10),&*. 8$ )0((),&*/ ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:)+
*/&((
"+&((#
"+&)+#
%+/&.-
F97 .-5 ..
7 ./5 .0
7 .1
7 /(5 /)
7 /*
7 /+5 /,
7 /-
*-&((%*-&)-*-&((*-&((%*-&-(
*-&-(%*-&/+*-&-(%*.&((
*.&-(
*/&((%*/&)**/&((%*/&-(
*0&((
*0&-(%*0&./*0&-(%*1&((
*1&-(
)(( -( 5VY‘\$ (! COMY_O[b
DAE -(’))(WW*-&-(
DAE -(’,-WW*/&((
DAE -(’.-WW*0&-(
*-&/+
*/&)*
*0&./
GO[b NOX\O Q[OOX \SV]b PSXO ]Y WONS^W D4?7 ‘S]R SXNS\]SXM]ZYMUO]\’VKWSXK]SYX\ YP PS[W Q[OOXS\R Q[Ob KXN L[Y‘X \KXNb 6=4J&"ERKXO] DKXN#
GO[b NOX\O Q[OOXS\R Q[Ob \SV]b PSXO ]Y WONS^W Z[ONYWSXKX]Vb PSXO D4?7&"ERKXO] DKXN#
DROO] . YP /
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%)(&.-W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)/2,.
-+10),&*. 8$ )0((),&*/ ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:)+
+(&)+ %,(&/0
7 /.7 //
+(&((+(&((%+(&)+
DAE -(’,-WW+(&(( +(&)+
GO[b NOX\O Q[OOXS\R Q[Ob \SV]b PSXO ]Y WONS^W Z[ONYWSXKX]Vb PSXO D4?7&"ERKXO] DKXN#8aZVY[K]Y[b RYVO MYWZVO]O K] +(&)+ W&
DROO] / YP /
2I[M@QXM
69>1<
C1-+’&
’+%’(%(&’*#-$&-U ?4
BQT^MZ\W_V C]VVMT
1\SQV[ <\L1\SQV[ <\L
<WO @ZQV\ 4I\M 1VL CQUM0 ’.%&,%(&’+ ’+0’.0&*
+)/.&+$-, 5" ’.&’++$.’ > >I\QWVIT 7ZQL’.%’(%(&’*
<WO KPMKSML Ja0 B6 &)%&,%(&’+
EMZ\QKIT
7’*
&$&& (’$-+ 3@ ’+%’(%(&’* ’.%’(%(&’* 73 :A >1 >1 4IVLW )&&&
(&$’& (&$*& ’’’& &’&&(&$*& (&$,& ’(’& &&)&(’$+& (’$-& ’+&& &’&&(’$-& (’$-& ’,&& &&)&
&$&& (’$-+ 2MV\WVQ\M
(+&(&&’+&
’($&&(’$+&(’$-+
(+&(&&’+&
)$*&’+$&&(’$-&
@9@5 3?>BCAD3C9?>94
PPUU[[
2Q\3WZM 3WZM
2IZZMT B]XXWZ\<WOOML 2a
4QI$WN XQXM
!
AMUIZS[=I\MZQIT[MK\QWV
2I[M WN[MK\QWV
CWX WN213;69<< 45C19<B
4]ZI\QWVPPUU
B\IZ\ \QUM
6T][PKWTW]Z
\ISMVNTW_
6WZ LM\IQT[ WN IJJZM^QI\QWV[" [MM SMa
CWX 2I[MCaXM WN
XQXM4Q[\IVKM
9>BC1<<1C9?> 45C19<B
NZWU 7$<$94
@ZWRMK\ >W$
@ZWRMK\ >IUM
5UXTWaMZ5VOQVMMZ
3WWZLQVI\M[7ZW]VL <M^MT9VKTQVI\QWV4I\M B\IZ\ML 4I\M 3WUXTM\ML
8WTM 94$5‘XTWZI\WZa 8WTM <WO
312<5 @5A3DBB9?> 45C19<B
8?<5 491=5C5A % 31B9>7
F1C5A BCA9;5B
A?C1AH 6<DB8 45C19<B
8IZL B\ZI\I 4MX\PNZWU \W
PPUU
8WTMLQIUM\MZ
4MX\P WNPWTM
3I[QVOLQIUM\MZ
4MX\P WNKI[QVO
4I\M CQUM B\ZQSM I\LMX\P LMX\P
AQ[M \W CQUM\W ZQ[M
3I[QVO LMX\PI\ [\ZQSM
\QUM\W [MIT
8MILMZ @IOM ’
>?C5B0 1TT LMX\P[ QV UM\ZM["FI\MZ [\ZQSM ZQ[M \QUM QV UQV]\M["
6ZWULMX\P
CWLMX\P
6T][P\aXM
6T][PZM\]ZV
AMUIZS[3PQ[MTTQVO
6WZU >W$ B95G@8?<584A @’ 9[[]M$AM^Q[QWV >W$ ’$&, 9[[]M 4I\M &-%’&%(&’)
5Y]QXUMV\CWX 2I[M CaXM 4I\M B\IZ\ML 4I\M 5VLML 3ZM_ BMK\QWV BPWZQVO % AMUIZS[
ITT LQIUM\MZ[ QV UQTTQUM\ZM[$PIZL [\ZI\I \QUM QV PPUU
CWX 2I[M 4QIUM\MZ CQUM AMKW^MZa!
4H>1=93 B1=@<9>7
@IZ\ WN \PM 2IKPa BWTM\IVKPM OZW]X
CaXM AM[XWV[M bWVMCWX
*.’)) &-’.)+*’.) ECF .)(+.VV "+.%.)# 5D-2, /* *.’)) &,’2)+*’0) ECF .)(+.VV "+.%.)# 5D-2, /* +*’0) &-’.)
MNY\Q!
CZXSNL\ AX’
CZXSNL\ AJVN
9VYUXaNZ9WPRWNNZ
7XXZMRWJ\N[;ZX]WM ?N^NU=WLURWJ\RXW8J\N E\JZ\NM 8J\N 7XVYUN\NM
<XUN =8’9‘YUXZJ\XZa <XUN ?XP
ECF 89F5=?ECDB;D9EEDNVJZT[8J\N FRVN <XUN
MNY\Q MNY\Q7J[RWP HJ\NZ
MNY\Q8NY\Q FaYN =WLZNVNW\JU KUX_ LX]W\ (
<NJMNZ CJPN +
ABF9E3 5UU MNY\Q[ RW VN\ZN[%
$ ENJ\RWP KUX_[ XWUa’
7J[RWP HJ\NZMNY\Q
:XZV AX’ E=9IC<B?9<8D C+ =[[]N’DN^R[RXW AX’ *’)/ =[[]N 8J\N *+(),(+)*-
JUU MRJVN\NZ[ RW VRUURVN\ZN[’
9WNZPaZJ\RXYNWN\ZJ\RXW RW VV
<JVVNZAX’
CJZ\ XO \QN 6JLQa EXUN\JWLQN PZX]Y
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFXY
8NY\Q6J[N
8NY\QDNVJZT[
:=A5?
8NY\Q \X KNM UN^NU3 *,’.)V OZXV MNLT’*’
:XZ MN\JRU[ XO JKKZN^RJ\RXW[% [NN TNa
F50.*)
*.(*+(+)*-&0’)0V B8
ERU^NZ\X_W F]WWNU
5\TRW[ ?\M5\TRW[ ?\M
?XP CZRW\ 8J\N 5WM FRVN3 *1()/(+)*. *.3*13)/
.,21).’0/ 9% *1)*..’1* A AJ\RXWJU ;ZRM*1(*+(+)*-
?XP LQNLTNM Ka3 E: ),()/(+)*.
GNZ\RLJU
;*-
*.(*+(+)*- )0)) )’)) & AD E\JZ\ XO <XUN*.(*+(+)*- *2)) 1’.) ,’+) 1’+) 9WM XO EQRO\*/(*+(+)*- )0)) 1’.) ,’-) &1’-) E\JZ\ XO EQRO\*/(*+(+)*- *2)) *1’)) *.’)) &1’)) 9WM XO EQRO\*0(*+(+)*- )0)) *1’)) *.’)) &/’.) E\JZ\ XO EQRO\*0(*+(+)*- *2)) +*’0. +*’0) &/’/) 9WM XO EQRO\*1(*+(+)*- )0)) +*’0. +*’0) &0’)) E\JZ\ XO EQRO\*1(*+(+)*- *2)) +*’0. & AD 9WM XO <XUN
*’)) ECF"7# A4*. "+%+%,%-%,%.# 5D-2, /* *’)) &-’.),’.) ECF A4+- "-%-%.%/%/%0# 5D-2, /* ,’-) &,’.)/’.) ECF A4,, "/%/%0%1%2%2# 5D-2, /* ,’-) &.’+)2’)) ECF A4-0 "1%2%*)%*)%*,%*-# 5D-2, /* ,’-) &0’0)
*)’.) ECF A4,/ ".%/%0%2%*)%*)# 5D-2, /* ,’-) &/’+)*+’)) ECF .)(*+.VV "*+%*,%+0%+,# 5D-2, /* ,’-) &-’.)*+’.) ECF .)(*))VV "*1%0%,.%*.# 5D-2, /* *+’.) &.’*)*-’)) ECF .)(*))VV "2%*.%,,%*0# 5D-2, /* *,’.) &-’.)*.’.) ECF .)(*+.VV "*-%**%,)%+)# 5D-2, /* *.’)) &.’/)*0’)) ECF .)(2)VV "*0%1%,1%*+# 5D-2, /* *.’)) &.’.)*1’.) ECF .)(**.VV "+)%.%+1%++# 5D-2, /* *.’)) &/’))+)’)) ECF .)(*.VV "+.%.)# 5D-2, /*
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%/&(/W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)02(1
-+10(-&/. 8$ )0()--&0) ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:),
)&*(
)&/(
")&*(#
"(&-(#
%0&*/
%0&//
7 )
5 *
7 +5 ,
7 -
7 .
FE /
7 0
7 1
7 )(5 ))
7 )*
(&((
(&-(%)&((
)&(()&((%)&-(
)&-(
)&/(
*&((%*&,-
*&-(
+&((
+&-(%+&1-+&-(%,&((
,&-(
)(( .( 5VY‘\$ )((! COMY_O[b
DAE"6# ?3)-)&((
DAE ?3*,+&-(
)&,-
+&1-
>478 :C@F?72 7K[U Q[Ob$ LVKMU$ L[Y‘X KXN Q[Ob \KXNb K\Rb VYMKVVb MVKbOb\^LKXQ^VK[ ]Y \^L[Y^XNON PSXO ]Y MYK[\O Q[K_OV \ScON P[KQWOX]\ YP PVSX]$L[SMU$ MYXM[O]O& ‘YYN KXN ZY]]O[b& DKXN \ScON P[KQWOX]\ K[O PSXO ]YMYK[\O&">KNO :[Y^XN#
=YY\O ]Y WONS^W NOX\O NK[U Q[Ob \KXNb \SV]b _O[b MVKbOb \^LKXQ^VK[ ]Y\^L[Y^XNON PSXO ]Y MYK[\O :C4G8= YP PVSX]& DKXN S\ PSXO ]Y MYK[\O&"CS_O[ EO[[KMO 7OZY\S]\#
D]SPP NK[U Q[ObS\R L[Y‘X \KXNb \SV]b 6=4J ‘S]R KL^XNKX] \KXN \ScON\OVOXS]O M[b\]KV\& DKXN S\ PSXO ]Y MYK[\O&"=YXNYX 6VKb 9Y[WK]SYX#
DROO] ) YP -
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%/&(/W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)02))
-+10(-&/. 8$ )0()--&0) ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:),
"1&+(#
FE )+
7 ),
7 )-
7 ).5 )/
7 )0
FE )1
7 *(FE *)
7 **7 *+5 *,
FE *-
-&((%-&,-
-&-(
.&((
.&-(%.&1-
.&-(%/&((
/&-(
0&((%0&,-
0&-(0&-(%0&1-
1&((1&((%1&,-1&((%1&-(
1&-(%1&1-
)((
)((
)((
)((
.( 5VY‘\$ )((! COMY_O[b
.( 5VY‘\$ 01! COMY_O[b
0( 5VY‘\$ )((! COMY_O[b
/- 5VY‘\$ )((! COMY_O[b
DAE ?3++.&-(
DAE ?3,/1&((
.&1-
1&,-
D]SPP NK[U Q[ObS\R L[Y‘X \KXNb \SV]b 6=4J ‘S]R KL^XNKX] \KXN \ScON\OVOXS]O M[b\]KV\& DKXN S\ PSXO ]Y MYK[\O&"=YXNYX 6VKb 9Y[WK]SYX#
LOVY‘ -&((W MVKb S\ NK[U Q[Ob
LOVY‘ /&-(W MVKb S\ ]RSXVb VKWSXK]ON& DOVOXS]O S\ YMMK\SYXKV
LOVY‘ 1&((W MVKb S\ _O[b \]SPP
DROO] * YP -
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%/&(/W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)02)*
-+10(-&/. 8$ )0()--&0) ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:),
))&((
))&0(
)*&-(
)+&((
"(&0(#
"(&/(#
"(&-(#
%)0&(/
%)0&0/
%)1&-/
%*(&(/
7 *.FE */
7 *07 *15 +(
F +)
7 +*F ++
7 +,7 +-5 +.
5 +/
7 +0
7 +1
7 ,(5 ,)
)(&(()(&((%)(&,-
)(&-()(&-(%)(&1-)(&-(%))&((
))&((%))&,-
))&-())&-(%))&1-
)*&(()*&((%)*&*-)*&((%)*&-(
)*&-(%)+&((
)+&((
)+&-(
),&((%),&*-),&((%),&-(
)((
)((
)((
0( 5VY‘\$ )((! COMY_O[b
0( 5VY‘\$ )((! COMY_O[b
0( 5VY‘\$ )((! COMY_O[b
DAE ?3+.)(&-(
DAE -(’)*-WW)*&((
DAE -(’)((WW)*&-(
DAE -(’)((WW),&((
)(&1-
)*&*-
)*&/(
),&*-
D]SPP NK[U Q[ObS\R L[Y‘X \KXNb \SV]b 6=4J ‘S]R KL^XNKX] \KXN \ScON\OVOXS]O M[b\]KV\& DKXN S\ PSXO ]Y MYK[\O&"=YXNYX 6VKb 9Y[WK]SYX#
D]SPP Q[Ob \KXNb \SV]b 6=4J ‘S]R YMMK\SYXKV )WW a *WW ‘RS]O \ROVVP[KQWOX]\& DKXN S\ PSXO ]Y MYK[\O&"=YXNYX 6VKb 9Y[WK]SYX#
GO[b NOX\O Q[Ob \SV]b MVKbOb PSXO ]Y MYK[\O D4?7 ‘S]R KL^XNKX] PSXO ]YMYK[\O Q[K_OV \ScON ‘RS]O \ROVV P[KQWOX]\&";K[‘SMR 9Y[WK]SYX#
P[YW )*&((W ]Y )*&-(W YMMK\SYXKV *WW a +WW ‘RS]O \ROVV P[KQWOX]\XY] MVKbOb
GO[b NOX\O Q[Ob \SV]b Q[K_OVVb PSXO ]Y MYK[\O D4?7& :[K_OV S\ [Y^XNON ]Y\^L[Y^XNON PSXO ]Y MYK[\O YP PVSX]&";K[‘SMR 9Y[WK]SYX#
GO[b NOX\O NK[U Q[Ob _O[b \SV]b D4?7& DKXN S\ PSXO ]Y MYK[\O&"HYYV‘SMR 9Y[WK]SYX % =KWSXK]ON 5ON\#
DROO] + YP -
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%/&(/W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)02)+
-+10(-&/. 8$ )0()--&0) ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:),
)0&((
)0&-(
"-&((#
"(&-(#
")&-(#
%*-&(/
%*-&-/
7 ,*
7 ,+5 ,,
7 ,-
7 ,.5 ,/
7 ,0
7 ,15 -(
8D -)
7 -*
)-&((
)-&-(%)-&/.)-&-(%).&((
).&-(
)/&((%)/&)1)/&((%)/&-(
)0&((
)0&-(%)0&/()0&-(%)1&((
)1&((
)1&-(
DAE -(’)*-WW)-&-(
DAE -(’1(WW)/&((
DAE -(’))-WW)0&-(
)-&/.
)/&)1
)0&/(
GO[b NOX\O NK[U Q[Ob _O[b \SV]b D4?7& DKXN S\ PSXO ]Y MYK[\O&"HYYV‘SMR 9Y[WK]SYX % =KWSXK]ON 5ON\#
GO[b NOX\O Q[Ob \SV]b PSXO ]Y MYK[\O D4?7 ‘S]R LKXN\ YP \SV]b Q[Ob MVKb‘S]R ‘RS]O \ROVV P[KQWOX]\&"HYYV‘SMR 9Y[WK]SYX % =KWSXK]ON 5ON\#
GO[b \]SPP NK[U Q[Ob \SV]b \KXNb 6=4J ‘S]R KL^XNKX] WONS^W Q[K_OV \ScON\ROVV P[KQWOX]\& DKXN S\ PSXO ]Y MYK[\O&"HYYV‘SMR 9Y[WK]SYX % =Y‘O[ DROVVb 5ON\#
DROO] , YP -
7O\M[SZ]SYX YP D][K]K =OQOXN 7OZ]R=O_OV7K]^W DKWZVSXQ
7O]KSV\<X DS]^ EO\] <X\]KVV%
K]SYX
?@E8D2 4VV NOZ]R\ SX WO][O\$ KVV NSKWO]O[\ SX WSVVSWO][O\&DOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ$
;YVO <7&
7O]KSV\
5VY‘ 6Y^X] 4XN
A[YTOM] ?Y&
E6C D6C CB7
8WZVYbO[8XQSXOO[
6YY[NSXK]O\:[Y^XN =O_OV
8aZVY[K]Y[b ;YVO =YQA[YTOM] ?KWO
;YVO EbZO <XMVSXK]SYX
9Y[W ?Y& D<8IA;@=8=@: <\\^O&CO_S\SYX ?Y& )&(. <\\^O 7K]O *(’(1’*()+ AK[] YP ]RO 5KMRb DYVO]KXMRO :[Y^Z
DKWZVO COMY_O[b
9Y[ NO]KSV\ YP KLL[O_SK]SYX\$ \OO UObZ[YQ[O\\ KXN ‘K]O[&
7SK&"ERSMUXO\\#
9<?4=
6A
E4/-)(
%/&(/W @7
DSV_O[]Y‘X E^XXOV
4]USX\ =]N4]USX\ =]N
=YQ A[SX] 7K]O 4XN ESWO2 )0’(.’*()- )-2)02)-
-+10(-&/. 8$ )0()--&0) ? ?K]SYXKV :[SNGO[]SMKV
=YQ MROMUON Lb2 D9 (+’(.’*()-
:),
*(&((
*)&-(
*)&/-
")&-(#
"(&*-#
%*/&(/
%*0&-/
%*0&0*
7 -+5 -,
7 --
7 -.
7 -/
*(&((%*(&(1*(&((%*(&-(
*)&((
*)&-(%*)&--
*)&/(%*)&/-
DAE -(’)-WW*(&((
DAE -(’*-WW*)&-(
DAE -(’*-WW*)&/(
*(&(1
*)&--
*)&/-
GO[b \]SPP P[SKLVO Q[ObS\R Q[OOX \KXNb 6=4J ‘S]R KL^XNKX] LKXN\ YP ‘RS]OKXN Q[Ob MOWOX]ON MKVM[O]O&"COKNSXQ 9Y[WK]SYX % =Y‘O[ >Y]]VON 6VKb#
D][YXQ ‘RS]O’Q[Ob MOWOX]ON 64=6C8E8&"COKNSXQ 9Y[WK]SYX % =Y‘O[ >Y]]VON 6VKb#
8aZVY[K]Y[b RYVO MYWZVO]O K] *)&/- W&
DROO] - YP -
1HZL?PWL
58=0;
B0,*&%
&+$%&$’%&*’#+-T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’./*+
*(.-.&#), 4" &-%’++#&’ = =H[PVUHS 6YPK%’$%’$’%&*
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6&*
%#%% )#*% B? &+$%&$’%&* &+$%&$’%&* =@ 9@ =0 =0 921 AHTWSLZ [HRLU MYVT 4B(*)#*% &(#+% 2? &.$%&$’%&* ’%$%&$’%&* 30$@0 9@ =0 =0 3HUKV (%%%
&(#+% (+#%% @2 ’+$%&$’%&* %’$%’$’%&* 9<$<7 9@ 6LVIVYL A ?23 3LS[HIHZL *’%
&%#%% %’ A?84 &%#%% &’#%%’,#%% %& A?84 ’*#*% ’,#’%
-#(% -#*% =@ %&%% 2OPZLSSPUN.#+% &%#%% =@ %&%% 2OPZLSSPUN
&%#)% &%#+% =@ %&%% 2OPZLSSPUN&&#&% &&#’% =@ %%(% 2OPZLSSPUN
&(#+% ’%#+% <\K .% 6YL‘’%#+% ’(#)% <\K -% 6YL‘’(#)% ’*#)% <\K ,* 6YL‘’*#)% ’+#’% <\K -% 6YL‘’+#’% ’,#’% <\K ,* 6YL‘’,#’% ’-#’% <\K -% 6YL‘’-#’% ’-#,% <\K ,% 6YL‘’-#,% ’.#(% <\K ,* 6YL‘’.#(% (-#*% <\K -% 6YL‘((#%% (+#%% <\K -% 6YL‘
%’ %#%% &%#(% &. ?SHPU%& %#%% ’+#.% &. ?SHPU
%#%% %#*% 2VUJYL[L%#*% &%#%% 1LU[VUP[L
&%#%% &’#%% AHUK IHJRMPSS&’#%% ’*#*% 1LU[VUP[L’*#*% ’,#’% AHUK IHJRMPSS’,#’% (+#%% 1LU[VUP[L
&+$%&$’%&* &’(% %#-% %#-% ’% =@ =@&.$%&$’%&* &)%% ,#.% ’#+% * =@ =@&.$%&$’%&* &)%% ,#.% ’#*% &% =@ =@&.$%&$’%&* &)%% ,#.% ’#)% &* =@ =@&.$%&$’%&* &)%% ,#.% ’#)% ’% =@ =@
’%%&)+
&(#+%(+#%%
’%%&)+&)(
&’#%%&’#%%(+#%%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
,&0(),&.( DBE @3,* ",%.%/%1%))%)-# 67.) -0 ),&.( *&0()-&.( DBE @3+, ",%.%/%.%1%)*# 67.) -0 )-&.( +&(().&.( DBE @3,/ ".%.%0%)(%)+%).# 67.) -0 ).&.( *&+()/&.( DBE @3-) ".%)(%)(%)*%)+%).# 67.) -0 )/&.( +&(()1&)( DBE @3+/ ".%.%/%0%)(%)*# 67.) -0 )1&)( (&0(*(&.( DBE -(’*1(VV "/%)(%))%)+%)+%)+’.-# 67.) -0 *(&.( )&((**&,( DBE -(’)+-VV "0%1%),%+.’.(# 67.) -0 **&,( *&((*+&,( DBE -(’*(VV ")(%)-’-(%-(’*(# 67.) -0 *+&,( *&)(*,&,( DBE -(’*-VV "-%*(’-(%-(’*-# 67.) -0 *,&,( *&((*-&,( DBE -(’*-VV "0%)/’+-%-(’*-# 67.) -0 *-&,( *&+(*.&*( DBE )((’,(VV "*-’.(%)((’,(# 67.) -0 *.&*( *&((*/&*( DBE /-’-(VV "))%),’/(%/-’-(# 67.) -0 */&*( )&0(*0&/( DBE -(’)/-VV "1%).%*(%*)%1’*-# 67.) -0 *0&/( )&.(+(&(( DBE -(’).-VV ")(%)-%*(%**%0’)-# 67.) -0 +)&(( )&0(+)&.( DBE -(’))-VV ")/%0’*-%*-%*-’,(# 67.) -0 +)&.( *&((++&(( DBE -(’)+-VV "))%)-%*.%*,’.(# 67.) -0 ++&(( )&+(+,&.( DBE -(’)*(VV ")(%)-’--%+(%*(’,-# 67.) -0 +,&.( )&0(
MNY\Q!
BZXSNL\ @X&
BZXSNL\ @JVN
8VYUXaNZ8WPRWNNZ
6XXZMRWJ\N[:ZX]WM >N^NU<WLURWJ\RXW7J\N D\JZ\NM 7J\N 6XVYUN\NM
;XUN <7&8‘YUXZJ\XZa ;XUN >XP
DBE 78E4<>DBCA:C8DDCNVJZT[7J\N ERVN ;XUN
MNY\Q MNY\Q6J[RWP GJ\NZ
MNY\Q7NY\Q EaYN <WLZNVNW\JU KUX_ LX]W\ ’
;NJMNZ BJPN *
@AE8D2 4UU MNY\Q[ RW VN\ZN[%
$ DNJ\RWP KUX_[ XWUa&
6J[RWP GJ\NZMNY\Q
9XZV @X& D<8HB;A>8;7C B* <[[]N&CN^R[RXW @X& )&(. <[[]N 7J\N )*’(+’*(),
JUU MRJVN\NZ[ RW VRUURVN\ZN[&
8WNZPaZJ\RXYNWN\ZJ\RXW RW VV
;JVVNZ@X&
BJZ\ XO \QN 5JLQa DXUN\JWLQN PZX]Y
:8@8C4> @AE8D
78BE; C8>4E87 C8?4C=DEXY
7NY\Q5J[N
7NY\QCNVJZT[
9<@4>
9XZ MN\JRU[ XO JKKZN^RJ\RXW[% [NN TNa
E4/-)(
).’()’*()-*&.0V A7
DRU^NZ\X_W E]WWNU
4\TRW[ >\M4\TRW[ >\M
>XP BZRW\ 7J\N 4WM ERVN2 )0’(.’*()- )-2+(2((
-+101)&,/ 8% )0(*..&)* @ @J\RXWJU :ZRM(*’(*’*()-
>XP LQNLTNM Ka2 D9 (+’(.’*()-
FNZ\RLJU
:)-
/&1( )(&(( GJ\NZ JMMNM \X J[[R[\ MZRUURWP&)(&(( )(&(( 9JUURWP QNJM \N[\&)*&(( )*&(( 9JUURWP QNJM \N[\&
)1’()’*()- (/(( (&(( (&(( 7CI D\JZ\ XO ;XUN)1’()’*()- )0(( )(&(( )(&(( +&(( 8WM XO DQRO\*(’()’*()- (/+( )(&(( )(&(( )&.( D\JZ\ XO DQRO\*(’()’*()- )0(( )+&.( )*&(( ,&0( 8WM XO 6B*.’()’*()- (/(( )+&.( )*&(( *&*( D\JZ\ XO CX\JZa*.’()’*()- )0(( )+&.( )*&(( *&*( 8WM XO DQRO\*/’()’*()- (/(( )+&.( )*&(( *&0( D\JZ\ XO DQRO\*/’()’*()- )0(( )/&.( )/&.( +&(( 8WM XO DQRO\*0’()’*()- (/(( )/&.( )/&.( (&-( D\JZ\ XO DQRO\*0’()’*()- )0(( *-&,( *-&,( *&+( 8WM XO DQRO\*1’()’*()- (/(( *-&,( *-&,( )&0( D\JZ\ XO DQRO\*1’()’*()- )0(( +(&(( +(&(( )&0( 8WM XO DQRO\+(’()’*()- (/(( +(&(( +(&(( )&(( D\JZ\ XO DQRO\+(’()’*()- )0(( ++&(( ++&(( )&+( 8WM XO DQRO\(*’(*’*()- (/(( ++&(( ++&(( ,&(( D\JZ\ XO DQRO\(*’(*’*()- )0(( +.&(( +.&(( *&(( 8WM XO ;XUN
/&/( DBE @3), ")%)%*%+%,%-# 4C-+0 /- /&.( 7CI1&-( DBE"6# @3*( "*%*%+%-%.%.# 4C-+0 /- 1&-( *&)(
))&(( DBE"6# @3)0 "*%*%+%,%-%.# 4C-+0 /- @C @C)+&)( DBE @3** "+%+%-%-%.%.# 4C-+0 /- )*&((
9Q_O^U\‘U[Z [R F‘^M‘M ?QSQZP 9Q\‘T?QbQX9M‘aY FMY\XUZS
9Q‘MUX_>Z FU‘a GQ_‘ >Z_‘MXX&
M‘U[Z
ABG:F3 6XX PQ\‘T_ UZ YQ‘^Q_% MXX PUMYQ‘Q^_ UZ YUXXUYQ‘^Q_’FQQ TQMPQ^ _TQQ‘ R[^ PQ‘MUX_ [R N[^UZS%
=[XQ >9’
9Q‘MUX_
7X[c 8[aZ‘ 6ZP
C^[VQO‘ A[’
G8E F8E ED9
:Y\X[eQ^:ZSUZQQ^
8[[^PUZM‘Q_<^[aZP ?QbQX
:d\X[^M‘[^e =[XQ ?[SC^[VQO‘ AMYQ
=[XQ Ge\Q >ZOXUZM‘U[Z
;[^Y A[’ F>:KC=B?:?B< >__aQ’EQbU_U[Z A[’ *’)/ >__aQ 9M‘Q +)()2(+)*, CM^‘ [R ‘TQ 7MOTe F[XQ‘MZOTQ <^[a\
FMY\XQ EQO[bQ^e
;[^ PQ‘MUX_ [R MNN^QbUM‘U[Z_% _QQ WQe\^[S^Q__ MZP cM‘Q^’
9UM’"GTUOWZQ__#
;>A6?
GC$8C$E8
G60.*)
+’/1Y B9
FUXbQ^‘[cZ GaZZQX
6‘WUZ_ ?‘P6‘WUZ_ ?‘P
?[S C^UZ‘ 9M‘Q 6ZP GUYQ3 *1()/(+)*. *.3,)3*)
.,212*’-0 :% *1)+//’*+ A AM‘U[ZMX <^UPIQ^‘UOMX
?[S OTQOWQP Ne3 F; ),()/(+)*.
>;
<*.
*0’/)
"-’))#
"+’/)#
&*-’2+
9 ,-
9 ,/
9 ,1
9 -*
*-’/)
*.’/)
*/’+)
*/’/)
*0’/)
*2’*)
*.’/)&*/’).
*/’/)&*0’).
*0’/) *1’).
*2’*) *2’..
*.’/)
*/’+)
*/’/)
*0’/)
*2’*)
*2’0)
*)+
*)+
*)+
*)+
*)+
*)+
1,
0,
1.
2)
20
0.
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
FCG A5,-*.’/)
FCG A5-0*/’/)
FCG A5.**0’/)
FCG A5,0*2’*)
*/’).
*0’).
*1’).
*2’..
F‘URR RU__a^QP S^QeU_T N^[cZ _XUST‘Xe _MZPe _UX‘e YUOMOQ[a_ 8?6L cU‘T _[YQcTU‘Q _UX‘ ‘aNQ_ "4*YY d -YY#’ FMZP U_ RUZQ’ ;U__a^Q_ M^Q \^QP[YUZMZ‘Xe0)&2) PQS^QQ_ MZP )&+) PQS^QQ_ bQ^e OX[_QXe X[OMXXe Qd‘^QYQXe OX[_QXe_\MOQP \XMZM^ X[OMXXe Oa^bQP _Y[[‘T X[OMXXe \[XU_TQP’"?[ZP[Z 8XMe ;[^YM‘U[Z#
M‘ *.’+.Y * A[ O[M^_Q S^MbQX _UfQP \[OWQ‘ [R PM^W S^Qe _MZPe OXMe
R^[Y *.’/)Y ‘[ *.’0.Y M__aYQP f[ZQ [R O[^Q X[__R^[Y *.’/)Y ‘[ */’).Y X[OMXXe cU‘T R^Q]aQZ‘ cTU‘Q _UX‘ ‘aNQ_ "4*YYd /YY#R^[Y *.’0.Y ‘[ */’)1Y P^UXXUZS PU_‘a^NQP’ EQO[bQ^QP M_ _[R‘ ‘[ RU^Y
R^[Y */’,0Y ‘[ *0’,+Y _MZPeM‘ */’-.Y * A[ R^MSYQZ‘ [R NXMOW XUSZU‘Q "+YY d /YY#R^[Y */’.-Y ‘[ */’/)Y M__aYQP f[ZQ [R O[^Q X[__R^[Y */’/)Y ‘[ *0’).Y bQ^e _‘URR cU‘T M RQc S^MbQX _UfQP R^MSYQZ‘_[R NXMOW XUSZU‘Q "4.YY d +YY#
R^[Y *0’.+Y ‘[ *0’/)Y cU‘T Qd‘^QYQXe OX[_QXe _\MOQP )&*) PQS^QQ_XQZ_Q_ [R XUST‘ S^Qe _UX‘ "4/YY d +)YY#
F‘URR RU__a^QP S^QeU_T N^[cZ _UX‘e YUOMOQ[a_ 8?6L cU‘T ^M^Q cTU‘Q _UX‘‘aNQ_ "4*YY d .YY#’ ;U__a^Q_ M^Q \^QP[YUZMZ‘Xe 0)&2) PQS^QQ_ MZP )&+)PQS^QQ_ \XMZM^ X[OMXXe Oa^bQP _Y[[‘T X[OMXXe \[XU_TQP’"?[ZP[Z 8XMe ;[^YM‘U[Z#
R^[Y *1’*+Y ‘[ *1’-0Y RU__a^Q_ ^MZP[YXe [^UQZ‘M‘QP R^Q]aQZ‘Xe\[XU_TQP
R^[Y *2’*)Y ‘[ *2’+.Y M__aYQP f[ZQ [R O[^Q X[__R^[Y *2’*)Y cU‘T M RQc Na^^[c% UZRUXXQP cU‘T XUST‘ S^Qe _UX‘ "+YY d*1YY#
R^[Y *2’01Y ‘[ *2’1.Y * A[ RU__a^Q -. PQS^QQ_ \XMZM^ _Y[[‘T TUSTXe
FTQQ‘ - [R 1
IQ^e PQZ_Q S^QeU_T N^[cZ _XUST‘Xe _UX‘e RUZQ ‘[ YQPUaY F6A9’"J[[XcUOT ;[^YM‘U[Z & ?MYUZM‘QP 7QP_#
6__aYQP f[ZQ [R O[^Q X[__’"J[[XcUOT ;[^YM‘U[Z & ?MYUZM‘QP 7QP_#
IQ^e PQZ_Q S^QeU_T N^[cZ _UX‘e RUZQ ‘[ YQPUaY F6A9’"J[[XcUOT ;[^YM‘U[Z & ?MYUZM‘QP 7QP_#
6__aYQP f[ZQ [R O[^Q X[__’"J[[XcUOT ;[^YM‘U[Z & ?MYUZM‘QP 7QP_#
FTQQ‘ . [R 1
9Q_O^U\‘U[Z [R F‘^M‘M ?QSQZP 9Q\‘T?QbQX9M‘aY FMY\XUZS
9Q‘MUX_>Z FU‘a GQ_‘ >Z_‘MXX&
M‘U[Z
ABG:F3 6XX PQ\‘T_ UZ YQ‘^Q_% MXX PUMYQ‘Q^_ UZ YUXXUYQ‘^Q_’FQQ TQMPQ^ _TQQ‘ R[^ PQ‘MUX_ [R N[^UZS%
=[XQ >9’
9Q‘MUX_
7X[c 8[aZ‘ 6ZP
C^[VQO‘ A[’
G8E F8E ED9
:Y\X[eQ^:ZSUZQQ^
8[[^PUZM‘Q_<^[aZP ?QbQX
:d\X[^M‘[^e =[XQ ?[SC^[VQO‘ AMYQ
=[XQ Ge\Q >ZOXUZM‘U[Z
;[^Y A[’ F>:KC=B?:?B< >__aQ’EQbU_U[Z A[’ *’)/ >__aQ 9M‘Q +)()2(+)*, CM^‘ [R ‘TQ 7MOTe F[XQ‘MZOTQ <^[a\
FMY\XQ EQO[bQ^e
;[^ PQ‘MUX_ [R MNN^QbUM‘U[Z_% _QQ WQe\^[S^Q__ MZP cM‘Q^’
9UM’"GTUOWZQ__#
;>A6?
GC$8C$E8
G60.*)
+’/1Y B9
FUXbQ^‘[cZ GaZZQX
6‘WUZ_ ?‘P6‘WUZ_ ?‘P
?[S C^UZ‘ 9M‘Q 6ZP GUYQ3 *1()/(+)*. *.3,)3*+
.,212*’-0 :% *1)+//’*+ A AM‘U[ZMX <^UPIQ^‘UOMX
?[S OTQOWQP Ne3 F; ),()/(+)*.
>;
<*.
+)’+)
++’,-++’-)
+,’*)
+,’,0
+,’..
+-’))
+-’..
"+’*-#
")’0)#
")’+0#
")’-.#
")’..#
")’.,#
&*0’.+
&*2’//&*2’0+
&+)’-+
&+)’/2
&+)’10
&+*’,+
&+*’10
9 -,
9 -/
9 -1
9 .)
*2’0)
+)’/)
+*’/)
++’-)
+,’-)
+-’-)
+)’/)&+*’)-
++’-)&++’/2
+,’-)&+,’..
+-’-) +-’..
+)’/)
+*’/)
++’-)
+,’-)
+-’-)
+.’-)
*)+
*)+
*)+
*)+
*)+
*)+
00
02
*))
,)
-)
,+
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
FCG .)(+2)YY+)’/)
FCG .)(*,.YY++’-)
FCG .)(+)YY+,’-)
FCG .)(+.YY+-’-)
+*’)-
++’/2
+,’..
+-’..
EQYMUZUZS 9Q‘MUX 3 *2’01Y & *2’1.Y 3 \[XU_TQP
F‘URR ‘[ bQ^e _‘URR RU__a^QP S^QeU_T N^[cZ _XUST‘Xe _MZPe ‘[ _MZPe _UX‘eYUOMOQ[a_ 8?6L cU‘T ^M^Q cTU‘Q _UX‘ ‘aNQ_ "4*YY d 1YY# MZP ^M^Q Na^^[cRQM‘a^Q_ UZRUXXQP cU‘T XUST‘ S^Qe _UX‘ "+)YY d *YY#’ FMZP U_ RUZQ’;U__a^Q_ M^Q \^QP[YUZMZ‘Xe 0)&2) PQS^QQ_ MZP )&+) PQS^QQ_ \XMZM^ X[OMXXeOa^bQP _Y[[‘T X[OMXXe \[XU_TQP X[OMXXe cU‘T Pa_‘UZS [R N^[cZ _UX‘e RUZQ_MZP [Z RU__a^Q _a^RMOQ_’"?[ZP[Z 8XMe ;[^YM‘U[Z#
R^[Y +)’/)Y ‘[ +)’1*Y M__aYQP f[ZQ [R O[^Q X[__
R^[Y +*’0+Y ‘[ ++’,-Y cU‘T _[YQ X[OMXXe R^Q]aQZ‘ cTU‘Q _UX‘ ‘aNQ_"4*YY d 1YY#
M‘ +*’2)Y * A[ O[M^_Q S^MbQX _UfQP R^MSYQZ‘ [R NXMOW XUSZU‘Q
R^[Y ++’+1Y ‘[ ++’,*Y * A[ bQ^e ‘TUZ NQP [R cQMW XUST‘ N^[cZOXMe_‘[ZQ
IQ^e _‘URR S^Qe 8?6L cU‘T MNaZPMZ‘ RUZQ ‘[ O[M^_Q S^MbQX _UfQP cTU‘Q_TQXX_ MZP _TQXX R^MSYQZ‘_’"=M^cUOT ;[^YM‘U[Z#
6__aYQP f[ZQ [R O[^Q X[__’ "?[SSQP R^[Y FCG# ;U^Y ‘[ _‘URR N^[cZ 8?6L cU‘T_[YQ RUZQ ‘[ O[M^_Q S^MbQX _UfQP R^MSYQZ‘_ [R cTU‘Q _TQXX MZP \[OWQ‘_ [RS^QeU_T N^[cZ RUZQ ‘[ YQPUaY _MZP’"=M^cUOT ;[^YM‘U[Z#
;U^Y ‘[ _‘URR S^Qe 8?6L cU‘T M RQc RUZQ ‘[ O[M^_Q S^MbQX _UfQP cTU‘Q_TQXX_ MZP _TQXX R^MSYQZ‘_’"=M^cUOT ;[^YM‘U[Z#
R^[Y +,’*)Y ‘[ +,’*.Y P^UXXUZS PU_‘a^NQP’ EQO[bQ^QP M_ _[R‘ ‘[ RU^YR^[Y +,’*.Y bQ^e _MZPe cU‘T R^Q]aQZ‘ RUZQ ‘[ O[M^_Q S^MbQX _UfQPcTU‘Q _TQXX_ MZP _TQXX R^MSYQZ‘_
"EQMPUZS ;[^YM‘U[Z & ?[cQ^ @[‘‘XQP 8XMe#
R^[Y ,+’)-Y ‘[ ,+’*,Y * A[ _aNMZSaXM^ O[NNXQ _UfQP Z[PaXQ [R YQPUaY_‘^[ZS O^QMYU_T cTU‘Q OMXO^Q‘Q
R^[Y ,,’))Y ‘[ ,,’*,Y M__aYQP f[ZQ [R O[^Q X[__
IQ^e PQZ_Q XUST‘ NXaU_T S^QQZ Y[‘‘XQP [^MZSU_T N^[cZ _XUST‘Xe OXMeQeX[OMXXe OXMeQe RUZQ ‘[ YQPUaY F6A9’"EQMPUZS ;[^YM‘U[Z & ?[cQ^ @[‘‘XQP 8XMe#
R^[Y ,,’*,Y ‘[ ,,’+)Y MZP ,,’,*Y ‘[ ,,’.)Y + A[ ‘TUZ NQP_ [R _MZPe_UX‘e OXMe
R^[Y ,,’02Y ‘[ ,,’2,Y * A[ ‘TUZ NQP [R _‘URR YaX‘UO[X[a^QP "NXaU_TS^Qe% [^MZSU_T N^[cZ% eQXX[cU_T N^[cZ MZP N^[cZU_T S^QQZ# _XUST‘Xe_MZPe _UX‘e OXMe’ FMZP U_ RUZQ ‘[ YQPUaY "?6@7:G= <EBHC & ?BJ:E@BGG?:9 7:9F#
IQ^e PQZ_Q XUST‘ S^QQZU_T S^Qe [^MZSU_T N^[cZ Y[‘‘XQP OXMeQe X[OMXXe bQ^eOXMeQe RUZQ ‘[ YQPUaY SXMaO[ZU‘UO F6A9’"H\Z[^ ;[^YM‘U[Z#
FTQQ‘ 0 [R 1
9Q_O^U\‘U[Z [R F‘^M‘M ?QSQZP 9Q\‘T?QbQX9M‘aY FMY\XUZS
9Q‘MUX_>Z FU‘a GQ_‘ >Z_‘MXX&
M‘U[Z
ABG:F3 6XX PQ\‘T_ UZ YQ‘^Q_% MXX PUMYQ‘Q^_ UZ YUXXUYQ‘^Q_’FQQ TQMPQ^ _TQQ‘ R[^ PQ‘MUX_ [R N[^UZS%
=[XQ >9’
9Q‘MUX_
7X[c 8[aZ‘ 6ZP
C^[VQO‘ A[’
G8E F8E ED9
:Y\X[eQ^:ZSUZQQ^
8[[^PUZM‘Q_<^[aZP ?QbQX
:d\X[^M‘[^e =[XQ ?[SC^[VQO‘ AMYQ
=[XQ Ge\Q >ZOXUZM‘U[Z
;[^Y A[’ F>:KC=B?:?B< >__aQ’EQbU_U[Z A[’ *’)/ >__aQ 9M‘Q +)()2(+)*, CM^‘ [R ‘TQ 7MOTe F[XQ‘MZOTQ <^[a\
FMY\XQ EQO[bQ^e
;[^ PQ‘MUX_ [R MNN^QbUM‘U[Z_% _QQ WQe\^[S^Q__ MZP cM‘Q^’
9UM’"GTUOWZQ__#
;>A6?
GC$8C$E8
G60.*)
+’/1Y B9
FUXbQ^‘[cZ GaZZQX
6‘WUZ_ ?‘P6‘WUZ_ ?‘P
?[S C^UZ‘ 9M‘Q 6ZP GUYQ3 *1()/(+)*. *.3,)3*2
.,212*’-0 :% *1)+//’*+ A AM‘U[ZMX <^UPIQ^‘UOMX
?[S OTQOWQP Ne3 F; ),()/(+)*.
>;
<*.
,)’1)
,*’+/
,*’/0
,,’*,
,-’*+
")’-/#
")’-*#
"*’-/#
")’22#
&+1’*+
&+1’.1
&+1’22
&,)’-.
&,*’--
9 .1
9 /*
9 /+
9 /,
9 /.
,)’))
,*’))
,*’/)
,*’1.
,+’-)
,,’))
,,’.)
,)’))&,)’,+
,*’/)&,*’1+
,+’).&,+’,.
,,’))&,,’+2
,-’/)&,-’1.
,*’))
,*’/)
,*’1.
,+’-)
,,’))
,,’.)
,-’/)
*)+
*)+
*)+
*)+
*)+
*)+
*)+
2)
1,
/1
*))
2+
0-
21
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
A6
FCG .)(*/.YY,)’))
FCG .)(**.YY,*’/)
FCG .)(*,.YY,,’))
FCG .)(*+)YY,-’/)
,)’,+
,*’1+
,,’+2
,-’1.
EQYMUZUZS 9Q‘MUX 3 +2’//Y & ,)’1)Y 3 R^MSYQZ‘_
R^[Y ,)’,-Y ‘[ ,)’,0Y * A[ bQ^e ‘TUZ NQP [R XUST‘ S^Qe RUZQ ‘[YQPUaY OXMeQe _MZP
M‘ ,)’02Y * A[ O[M^_Q S^MbQX _UfQP \[OWQ‘ [R S^QeU_T NXaQ _UX‘eRUZQ _MZP
@QPUaY _‘^[ZS ‘[ _‘^[ZS O^QMYU_T cTU‘Q 86?8E:G:’ EQO[bQ^QP M_ Z[Z UZ‘MO‘O[^Q "MZSaXM^ RUZQ ‘[ O[M^_Q S^MbQX MZP MZSaXM^ O[NNXQ _UfQP R^MSYQZ‘_#’"EQMPUZS ;[^YM‘U[Z & ?[cQ^ @[‘‘XQP 8XMe#
IQ^e _‘URR S^QeU_T N^[cZ _MZPe _UX‘e 8?6L’ FMZP U_ RUZQ ‘[ YQPUaY’"EQMPUZS ;[^YM‘U[Z & ?[cQ^ @[‘‘XQP 8XMe#
R^[Y ,*’.)Y ‘[ ,*’/0Y M__aYQP f[ZQ [R O[^Q X[__
F‘URR XUST‘ NXaU_T S^Qe Y[‘‘XQP [^MZSU_T N^[cZ bQ^e _MZPe 8?6L’ JU‘T M RQc_aNMZSaXM^ RUZQ ‘[ O[M^_Q S^MbQX _UfQP Z[PaXQ_ [R O^QMYU_T cTU‘QOMXO^Q‘Q’ FMZP U_ RUZQ ‘[ YQPUaY’
9Q_O^U\‘U[Z [R F‘^M‘M ?QSQZP 9Q\‘T?QbQX9M‘aY FMY\XUZS
9Q‘MUX_>Z FU‘a GQ_‘ >Z_‘MXX&
M‘U[Z
ABG:F3 6XX PQ\‘T_ UZ YQ‘^Q_% MXX PUMYQ‘Q^_ UZ YUXXUYQ‘^Q_’FQQ TQMPQ^ _TQQ‘ R[^ PQ‘MUX_ [R N[^UZS%
=[XQ >9’
9Q‘MUX_
7X[c 8[aZ‘ 6ZP
C^[VQO‘ A[’
G8E F8E ED9
:Y\X[eQ^:ZSUZQQ^
8[[^PUZM‘Q_<^[aZP ?QbQX
:d\X[^M‘[^e =[XQ ?[SC^[VQO‘ AMYQ
=[XQ Ge\Q >ZOXUZM‘U[Z
;[^Y A[’ F>:KC=B?:?B< >__aQ’EQbU_U[Z A[’ *’)/ >__aQ 9M‘Q +)()2(+)*, CM^‘ [R ‘TQ 7MOTe F[XQ‘MZOTQ <^[a\
FMY\XQ EQO[bQ^e
;[^ PQ‘MUX_ [R MNN^QbUM‘U[Z_% _QQ WQe\^[S^Q__ MZP cM‘Q^’
9UM’"GTUOWZQ__#
;>A6?
GC$8C$E8
G60.*)
+’/1Y B9
FUXbQ^‘[cZ GaZZQX
6‘WUZ_ ?‘P6‘WUZ_ ?‘P
?[S C^UZ‘ 9M‘Q 6ZP GUYQ3 *1()/(+)*. *.3,)3++
.,212*’-0 :% *1)+//’*+ A AM‘U[ZMX <^UPIQ^‘UOMX
?[S OTQOWQP Ne3 F; ),()/(+)*.
>;
<*.
,/’))
"*’11#
&,,’,+
,-’/) ,/’)) *)+ *)) A6 A6
IQ^e PQZ_Q XUST‘ S^QQZU_T S^Qe [^MZSU_T N^[cZ Y[‘‘XQP OXMeQe X[OMXXe bQ^eOXMeQe RUZQ ‘[ YQPUaY SXMaO[ZU‘UO F6A9’"H\Z[^ ;[^YM‘U[Z#
:d\X[^M‘[^e T[XQ O[Y\XQ‘Q M‘ ,/’)) Y’
FTQQ‘ 1 [R 1
1HZL?PWL
58=0;
B0,*&%
%-$%&$’%&*’#’.T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’)/((
*)%%%.#.* 4" &-%(*+#(( = =H[PVUHS 6YPK&($%&$’%&*
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6&+
%#%% &#’% 8? %-$%&$’%&* %-$%&$’%&* 30$@0 9@ =0 =0 7HUK BVVSZ&#’% (%#(% 2? %-$%&$’%&* &($%&$’%&* 30$@0 9@ =0 =0 3HUKV (%%%
&%#*% %’ A? ,#%% &%#*%’+#%% %& A?84 ’)#*% ’+#*%
,#+% ,#,% =@ %%(% 2OPZLSSPUN.#%% .#’% =@ %%(% 2OPZLSSPUN
’(#.% ’*#+% =@ %)%% 2OPZLSSPUN’.#*% (%#%% =@ %&%% 2OPZLSSPUN
%’ %#%% ,#%% *% ?SHPU%’ ,#%% &%#*% *% ASV[[LK%& %#%% ’+#%% &. ?SHPU
%#%% %#*% 2VUJYL[L%#*% ,#%% 1LU[VUP[L,#%% &%#*% 6YH]LS IHJRMPSS
&%#*% ’)#*% 1LU[VUP[L’)#*% ’+#*% AHUK IHJRMPSS’+#*% (%#(% 1LU[VUP[L
%-$%&$’%&* %-&* &#)% &#)% =@ =@ =@%-$%&$’%&* &()* +#+% (#&% * +#(% =@%-$%&$’%&* &()* +#+% ’#,% &% +#(% =@%-$%&$’%&* &()* +#+% ’#*% &* =@ =@%-$%&$’%&* &()* +#+% ’#(% ’% +#(% =@
’%%&*%
’%#%%(%#(%
’%%&*%
&’#,%’+#%%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
*+’0) 1’2)*2’.) ECF A4,/ "-%/%0%2%*)%*)# 5D.,1 0. *+’0) 0’*)+*’.) ECF A4,0 "-%.%0%2%*)%**# 5D.,1 0. +*’.) 8DJ+,’)) ECF .)(*,.WW "0%*)%+-%+/(/)# 5D.,1 0. AD AD+-’.) ECF .)(*+.WW "*+%*,(/)%+0%+,(.)# 5D.,1 0. AD AD+/’)) ECF .)(2)WW ".%**%-)%*)(*.# 5D.,1 0. +/’)) AD+0’.) ECF .)(0.WW "*+%*,(.)%.)# 5D.,1 0. +0’.) AD+2’)) ECF .)(++.WW ".%1%*-%*/%+)# 5D.,1 0. +/’)) AD,)’)) ECF .)(+*.WW "1%**%*,%*0%+)(/.# 5D.,1 0. +/’)) AD
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
)1()*(+)*.+’+2W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+-3,.
.-)))2’2. 9% *1),./’,, A AK]SYXKV ;[SN*,()*(+)*.
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;*/
/’/) *)’0) HK]O[ KNNON ]Y K\\S\] N[SVVSXQ’*2’)) +)’)) =X\]KVV LOX]YXS]O \OKV’++’0) ,)’)) HK]O[ KNNON ]Y K\\S\] N[SVVSXQ’
)1()*(+)*. )0,) )’)) & AD E]K[] YP <YVO)1()*(+)*. *1)) **’.) **’)) 2’/) 9XN YP ERSP])2()*(+)*. )0,) **’.) **’)) +’.) E]K[] YP ERSP])2()*(+)*. *1)) +)’)) *+’0) 0’*) 9XN YP ERSP]*+()*(+)*. )0,) +)’)) *+’0) +’.) E]K[] YP ERSP]*+()*(+)*. *1)) +0’.) +/’)) .’-/ 9XN YP ERSP]*,()*(+)*. )0,) +0’.) +/’)) .’+) E]K[] YP ERSP]*,()*(+)*. *1)) ,)’,) +/’)) AD 9XN YP <YVO
*’+) ECF A4/ "*%+%+%*%*%+# 5D.,1 0. *’+) 8DJ,’.) ECF A4, "*%)%*%)%*%*# 5D.,1 0. ,’.) 8DJ.’)) ECF A4+ "*%)%*%)%*%)# 5D.,1 0. -’.) 8DJ/’2) ECF A4+) ",%.%.%-%.%/# 5D.,1 0. /’-) 8DJ1’.) ECF"7# A4*1 "+%-%-%.%-%.# 5D.,1 0. 1’.) *’1)
*)’)) ECF"7# A4+* "+%-%-%.%/%/# 5D.,1 0. *)’)) *’1)*+’)) ECF A4*1 "+%+%,%-%.%/# 5D.,1 0. *+’)) .’+)*,’.) ECF A4+* ",%,%-%.%/%/# 5D.,1 0. *+’0) 1’-)*.’)) ECF A4+* "+%,%-%.%/%/# 5D.,1 0. *+’0) 2’*)*/’.) ECF A4++ ",%-%-%.%/%0# 5D.,1 0. *+’0) 2’2)*1’)) ECF A4,) "-%.%/%0%1%2# 5D.,1 0.
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’+2X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+-3-,
.-)))2’2. 9% *1),./’,, @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;*/
*)’0) &1’-*
8 ,/
8 ,0
GF ,1
8 ,26 -)
8 -*6 -+
GF -,
8 --GF -.
8 -/8 -06 -1
GF -2
8 .)GF .*
8 .+
*)’))
*)’0)
**’))&**’-.
**’-.**’.)&*+’))
*+’))&*+’-.*+’))&*+’.)
*+’.)&*+’2.
*+’2.*,’))&*,’-.
*,’-.*,’.)&*,’2.*,’.)&*-’))
*-’))&*-’-.
*-’-.*-’.)&*-’2.
*-’2.
*))
*))
*))
*))
*))
/) 6WZa]% *))! DPNZ‘P\c
/) 6WZa]% *))! DPNZ‘P\c
/) 6WZa]% *))! DPNZ‘P\c
/) 6WZa]% *))! DPNZ‘P\c
/) 6WZa]% *))! DPNZ‘P\c
EBF"7# @4+**)’))
EBF @4*1*+’))
EBF @4+**,’.)
*)’-.
*+’-.
*,’2.
DPXLTYTYR 8P^LTW 3 2’2)X & *)’))X 3 Q\ZX 2’2)X ^Z *)’))X WZNLWWc ]WTRS^WcNWLcPc ‘P\c ]LYOc
E^TQQ QT]]_\PO ^STYWc WLXTYL^PO OL\V R\Pc ]LYOc 7>5K’ :T]]_\P] L\P NWZ]PWc][LNPO \LYOZXWc Z\TPY^L^PO’ ELYO T] QTYP ^Z NZL\]P’">ZYOZY 7WLc :Z\XL^TZY#
Q\ZX *)’0)X ^Z **’-.X QT\X ]TW^c ]LYOc R\L‘PWWc NWLcQ\ZX *)’0)X ^Z **’-.X aT^S ZNNL]TZYLW \ZZ^WP^]
ESPP^ , ZQ 0
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’+2X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+-3--
.-)))2’2. 9% *1),./’,, @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;*/
"*+’))#
8 .,6 .-
9E ..GF ./
8 .0GF .1
8 .28 /)6 /*
GF /+
8 /,GF /-
8 /.8 //6 /0
GF /1
8 /2GF 0)
8 0*8 0+6 0,
*.’))&*.’-.*.’))&*.’.)
*.’.)*.’.)&*.’2.
*.’2.*/’))&*/’-.
*/’-.*/’.)&*/’2.*/’.)&*0’))
*0’))&*0’-.
*0’-.*0’.)&*0’2.
*0’2.*1’))&*1’-.*1’))&*1’.)
*1’.)&*1’2.
*1’2.*2’))&*2’-.
*2’-.*2’.)&+)’))*2’.)&+)’))
*))
*))
*))
*))
*))
*))
0) 6WZa]% *))! DPNZ‘P\c
0) 6WZa]% *))! DPNZ‘P\c
0. 6WZa]% *))! DPNZ‘P\c
0. 6WZa]% *))! DPNZ‘P\c
0. 6WZa]% *))! DPNZ‘P\c
0. 6WZa]% *))! DPNZ‘P\c
EBF @4+**.’))
EBF @4++*/’.)
EBF @4,)*1’))
EBF @4,/*2’.)
*.’-.
*/’2.
*1’-.
*2’2.
E^TQQ QT]]_\PO ^STYWc WLXTYL^PO OL\V R\Pc ]LYOc 7>5K’ :T]]_\P] L\P NWZ]PWc][LNPO \LYOZXWc Z\TPY^L^PO’ ELYO T] QTYP ^Z NZL\]P’">ZYOZY 7WLc :Z\XL^TZY#
ESPP^ - ZQ 0
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’+2X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+-3-.
.-)))2’2. 9% *1),./’,, @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;*/
++’0)
"+’2)#
&+)’-*
6 0-
GF 0.
8 0/GF 00
8 01
8 026 1)
GF 1*
8 1+GF 1,
8 1-6 1.
8 1/
6 10
+)’))&+)’.)
+)’.)&+)’2.
+)’2.+*’))&+*’,.
+*’,.
+*’.)&+*’2.+*’.)&++’))
++’))&++’-.
++’-.++’.)&++’2.
++’2.+,’))&+,’.)
+-’))
+-’.)&+.’))
*))
*))
*))
*))
*)) 6WZa]% *))! DPNZ‘P\c
*)) 6WZa]% *))! DPNZ‘P\c
*)) 6WZa]% *))! DPNZ‘P\c
*)) 6WZa]% *))! DPNZ‘P\c
EBF @4,0+*’.)
EBF .)(*,.XX+,’))
EBF .)(*+.XX+-’.)
+*’2.
+,’+2
+-’0/
E^TQQ QT]]_\PO ^STYWc WLXTYL^PO OL\V R\Pc ]LYOc 7>5K’ :T]]_\P] L\P NWZ]PWc][LNPO \LYOZXWc Z\TPY^L^PO’ ELYO T] QTYP ^Z NZL\]P’">ZYOZY 7WLc :Z\XL^TZY#
HP\c OPY]P R\Pc NWLcPc ]LYOc ]_MLYR_WL\ ^Z ]_M\Z_YOPO QTYP ^Z NZL\]P;D5H9> ZQ QWTY^’ IT^S LM_YOLY^ ]SPWW Q\LRXPY^]’ ELYO T] QTYP ^Z NZL\]P’"<L\aTNS :Z\XL^TZY#
Q\ZX +-’.)X ^Z +.’))X WZNLWWc ‘P\c NWLcPc R\L‘PWWc ]LYO
ESPP^ . ZQ 0
8P]N\T[^TZY ZQ E^\L^L >PRPYO 8P[^S>P‘PW8L^_X ELX[WTYR
8P^LTW]=Y ET^_ FP]^ =Y]^LWW&
L^TZY
@AF9E3 5WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’EPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
<ZWP =8’
8P^LTW]
6WZa 7Z_Y^ 5YO
B\ZUPN^ @Z’
F7D E7D DC8
9X[WZcP\9YRTYPP\
7ZZ\OTYL^P];\Z_YO >P‘PW
9b[WZ\L^Z\c <ZWP >ZRB\ZUPN^ @LXP
<ZWP Fc[P =YNWTYL^TZY
:Z\X @Z’ E=9JB<A>9>A; =]]_P’DP‘T]TZY @Z’ *’)/ =]]_P 8L^P +)()2(+)*, BL\^ ZQ ^SP 6LNSc EZWP^LYNSP ;\Z_[
ELX[WP DPNZ‘P\c
:Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
8TL’"FSTNVYP]]#
:=@5>
=B$7B
F50.*)
+’+2X A8
ETW‘P\^ZaY F_YYPW
5^VTY] >^O5^VTY] >^O
>ZR B\TY^ 8L^P 5YO FTXP3 *1()/(+)*. *.3+-3-1
.-)))2’2. 9% *1),./’,, @ @L^TZYLW ;\TOHP\^TNLW
>ZR NSPNVPO Mc3 E: ),()/(+)*.
;*/
,)’,) &+1’)*
8 22 ,)’))&,)’,) EBF .)(+*.XX,)’)) ,)’,0
HP\c ]^TQQ OL\V R\Pc ]LYOc 7>5K aT^S LM_YOLY^ _[ ^Z +XX b +XX b ,XX aST^P^Z [TYVT]S Z\LYRP ]SPWW Q\LRXPY^]’ ELYO T] QTYP ^Z NZL\]P’"IZZWaTNS :Z\XL^TZY & >ZaP\ ESPWWc 6PO]#
9b[WZ\L^Z\c SZWP NZX[WP^P L^ ,)’,) X’
ESPP^ 0 ZQ 0
1HZL?PWL
58=0;
B0,*&%
%,$&’$’%&)*#(&T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’-/*&
*(..(.#** 4" &-%)&)#,’ = =H[PVUHS 6YPK’’$%&$’%&*
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6&,
%#%% &#’% 8? %,$&’$’%&) %,$&’$’%&) 9:$31 <6 =0 =0 7HUK BVVSZ&#’% &&#,% 2? %,$&’$’%&) %.$&’$’%&) 30$92 9@ =0 =0 3HUKV ’%%%
&&#,% &)#%% @2 ’%$%&$’%&* ’&$%&$’%&* 9< 37 CE5 TWYLN 3LS[HIHZL *’%&)#%% &*#%* @2 ’&$%&$’%&* ’’$%&$’%&* 9< 37 61A ?23 3LS[HIHZL *’%
’#(% ’#+% &’)% %%)% 2OPZLSSPUN&&#%% &&#*% &’(% %&%% 2OPZLSSPUN
&&#,% &(#+% <\K .% 6YL‘&(#+% &)#%% <\K +% 6YL‘&)#%% &)#-* <\K ,* 6YL‘&)#-* &*#%* <\K .% 6YL‘
%#%% %#*% 0YPZPUNZ%#*% &*#%* 1LU[VUP[L
%,$&’$’%&) &)(% %#)% %#)% * =@ =A
’*%’%%&*%&)+
,#.*&&#,%&)#+*&*#%*
’*%’%%&*%&)+
,#*%&&#,%&)#+*&*#%*
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
+’,)
MNY\Q!
CZXSNL\ AX’
CZXSNL\ AJVN
9VYUXaNZ9WPRWNNZ
7XXZMRWJ\N[;ZX]WM ?N^NU=WLURWJ\RXW8J\N E\JZ\NM 8J\N 7XVYUN\NM
<XUN =8’9‘YUXZJ\XZa <XUN ?XP
ECF 89F5=?ECDB;D9EEDNVJZT[8J\N FRVN <XUN
MNY\Q MNY\Q7J[RWP HJ\NZ
MNY\Q8NY\Q FaYN =WLZNVNW\JU KUX_ LX]W\ (
<NJMNZ CJPN +
ABF9E3 5UU MNY\Q[ RW VN\ZN[%
$ ENJ\RWP KUX_[ XWUa’
7J[RWP HJ\NZMNY\Q
:XZV AX’ E=9IC<B?9<8D C+ =[[]N’DN^R[RXW AX’ *’)/ =[[]N 8J\N *+(),(+)*-
JUU MRJVN\NZ[ RW VRUURVN\ZN[’
9WNZPaZJ\RXYNWN\ZJ\RXW RW VV
<JVVNZAX’
CJZ\ XO \QN 6JLQa EXUN\JWLQN PZX]Y
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFXY
8NY\Q6J[N
8NY\QDNVJZT[
:=A5?
@N\JU NWLX]W\NZNM RW KJ[N XO KXZNQXUN’ 6XZNQXUN JKJWMXWNM’*’
:XZ MN\JRU[ XO JKKZN^RJ\RXW[% [NN TNa
F50.*)
)0(*+(+)*-.’,*V B8
ERU^NZ\X_W F]WWNU
5\TRW[ ?\M5\TRW[ ?\M
?XP CZRW\ 8J\N 5WM FRVN3 *1()/(+)*. *.3+13.-
.,22,2’.. 9% *1)-*-’0+ A AJ\RXWJU ;ZRM++()*(+)*.
?XP LQNLTNM Ka3 E: ),()/(+)*.
GNZ\RLJU
;*0
+’,) +’/) EUX_ YZXPZN[[ M]N \X 7XWLZN\N ( HXXM OXZ -) VRW]\N[ OZXV *+3-)
)0(*+(+)*- )0,) )’)) & AD E\JZ\ XO <XUN)0(*+(+)*- *1)) *’+) & )’-) 9WM XO =C)1(*+(+)*- )0,) *’+) & )’*) E\JZ\ XO 7C)1(*+(+)*- *1)) 0’2. 0’.) /’-) 9WM XO EQRO\)2(*+(+)*- )0,) 0’2. 0’.) -’2) E\JZ\ XO EQRO\)2(*+(+)*- *1)) **’0) **’0) 2’2) 9WM XO 7C+)()*(+)*. )0)) **’0) **’0) +’+) E\JZ\ XO DX\JZa+)()*(+)*. *1)) *+’0. *+’0. +’,) 9WM XO EQRO\+*()*(+)*. )0)) *+’0. *+’0. )’0) E\JZ\ XO EQRO\+*()*(+)*. *1)) *-’1. *-’1. *’)) 9WM XO EQRO\++()*(+)*. )0)) *-’1. *-’1. )’0) E\JZ\ XO EQRO\++()*(+)*. *1)) *.’). *.’). *’+. 9WM XO <XUN
*’.) ECF"7# A4** "*%+%,%,%+%,# 5D10 /) *’.) )’.),’)) ECF"7# A4** "*%+%*%,%-%,# 5D10 /) ,’)) *’*)-’.) ECF"7# A41 "+%,%+%*%,%+# 5D10 /) -’.) +’0)/’)) ECF"7# A4** "*%+%+%-%,%+# 5D10 /) /’)) -’1)0’.) ECF"7# A4*) ",%+%,%,%+%+# 5D10 /) AD AD2’)) ECF"7# A4+ "*%)%)%*%)%*# 5D10 /) 2’)) +’))
*)’.) ECF"7# A4*+ "+%+%,%+%,%-# 5D10 /) *)’.) 2’+)*-’)) ECF A4+/ ",%,%-%/%1%1# 78/* .1 *-’))
:R_P^V]‘V\[ \S G‘^N‘N @RTR[Q :R]‘U@RbRY:N‘aZ GNZ]YV[T
:R‘NVY_?[ GV‘a HR_‘ ?[_‘NYY’
N‘V\[
BCH;G4 7YY QR]‘U_ V[ ZR‘^R_& NYY QVNZR‘R^_ V[ ZVYYVZR‘^R_(GRR URNQR^ _URR‘ S\^ QR‘NVY_ \S O\^V[T&
>\YR ?:(
:R‘NVY_
8Y\c 9\a[‘ 7[Q
D^\WRP‘ B\(
H9F G9F FE:
;Z]Y\eR^;[TV[RR^
9\\^QV[N‘R_=^\a[Q @RbRY
;d]Y\^N‘\^e >\YR @\TD^\WRP‘ BNZR
>\YR He]R ?[PYV[N‘V\[
<\^Z B\( G?;KD>C@;@C= ?__aR(FRbV_V\[ B\( +(*0 ?__aR :N‘R ,*)*3),*+- DN^‘ \S ‘UR 8NPUe G\YR‘N[PUR =^\a]
GNZ]YR FRP\bR^e
<\^ QR‘NVY_ \S NOO^RbVN‘V\[_& _RR XRe]^\T^R__ N[Q cN‘R^(
:VN(#HUVPX[R__$
<?B7@
?D%9D%F9
H71/+*
/(-+Z C:
GVYbR^‘\c[ Ha[[RY
7‘XV[_ @‘Q7‘XV[_ @‘Q
@\T D^V[‘ :N‘R 7[Q HVZR4 +2)*0),*+/ +/4,24/3
/-33-3(// ;& +2*.+.(1, B BN‘V\[NY =^VQJR^‘VPNY
@\T PURPXRQ Oe4 G< *-)*0),*+/
=+1
3(**
#/(**$
#+(**$
’-(03
: ,*8 ,+;G ,,
: ,-8 ,.
: ,/8 ,0;G ,1
: ,28 ,3
: -*8 -+;G -,
: --8 -.
: -/8 -0;G -1
: -28 -3
: .*8 .+;G .,
: .-8 ..
/(**/(**/(**
/(/*/(/*
0(**0(**0(**
0(/*0(/*
1(**1(**1(**
1(/*1(/*
2(**2(**2(**
2(/*2(/*
3(**3(**3(**
3(/*3(/*
GDH#9$ B6++0(**
GDH#9$ B6+*1(/*
GDH#9$ B6,3(**
0(./
1(3/
3(./
A7:; =FCIB:4 @\\_R ‘\ ZRQVaZ QR[_R O^\c[ PYNeRe _N[Qe _aON[TaYN^ ‘\_aO^\a[QRQ SV[R ‘\ P\N^_R T^NbRY _VfRQ S^NTZR[‘_ \S O^VPX& c\\Q& P\[P^R‘RN[Q ZR‘NY( GN[Q _VfRQ S^NTZR[‘_ N^R SV[R ‘\ P\N^_R(#ANQR =^\a[Q$
N‘ 1(**Z Y\PNYYe PYNeRe bR^e _N[Qe
A7:; =FCIB:4 @\\_R ‘\ ZRQVaZ QR[_R O^\c[ N[Q T^Re _N[Qe _VY‘e bR^e PYNeRe_aON[TaYN^ ‘\ _aO^\a[QRQ SV[R ‘\ P\N^_R T^NbRY _VfRQ S^NTZR[‘_ \S O^VPX&P\[P^R‘R& c\\Q N[Q ZR‘NY( GN[Q _VfRQ S^NTZR[‘_ N^R SV[R ‘\ P\N^_R(#ANQR =^\a[Q$
GURR‘ , \S .
GN[Q _VfRQ S^NTZR[‘_ N^R SV[R ‘\ P\N^_R(#ANQR =^\a[Q$
7__aZRQ f\[R \S P\^R Y\__( #:^VYYR^ [\‘RQ O^\XR[ P\[P^R‘R$(#ANQR =^\a[Q$
A7:; =FCIB:4 + B\ S^NTZR[‘ \S .*ZZ ^VOORQ ^RON^(#ANQR =^\a[Q$
A7:; =FCIB:4 @VTU‘ T^Re P\[P^R‘R ./’//! N[TaYN^ ‘\ ^\a[QRQ SV[R ‘\ P\N^_RT^NbRY _VfRQ S^NTZR[‘_ \S ZaY‘VP\Y\a^RQ SYV[‘ #O^\c[& T^Re N[Q cUV‘R$(J\VQ_ 5-! #5+,ZZ d 0ZZ d 0ZZ$#ANQR =^\a[Q$
S^\Z ++(3*Z ‘\ +,(*+Z _YVTU‘Ye S^VNOYR
A7:; =FCIB:4 8^\c[ T^NbRYYe _VY‘e _N[Q _VfRQ S^NTZR[‘_( =^NbRY _VfRQS^NTZR[‘_ N^R N[TaYN^ ‘\ ^\a[QRQ SV[R ‘\ P\N^_R \S ZaY‘VP\Y\a^RQ SYV[‘#O^\c[& cUV‘R N[Q T^Re$(#ANQR =^\a[Q$
A7:; =FCIB:4 AaY‘VP\Y\a^RQ N[TaYN^ ‘\ ^\a[QRQ ZRQVaZ ‘\ P\N^_R T^NbRY_VfRQ S^NTZR[‘_ \S O^\c[& T^Re N[Q cUV‘R SYV[‘(#ANQR =^\a[Q$
A7:; =FCIB:4 AaY‘VP\Y\a^RQ #O^\c[& cUV‘R& T^Re& ^RQ N[Q OYNPX$ _YVTU‘Ye_N[Qe N[TaYN^ ‘\ ^\a[QRQ SV[R ‘\ P\N^_R T^NbRY _VfRQ S^NTZR[‘_ \S SYV[‘cV‘U Y\c P\OOYR P\[‘R[‘( 9\OOYR _VfRQ S^NTZR[‘_ N^R N[TaYN^ \S P\[P^R‘RcV‘U , B\ P\OOYR _VfRQ S^NTZR[‘_ \S ‘VZOR^ #5+,*ZZ d +**ZZ d //ZZ$(#ANQR =^\a[Q$
A7:; =FCIB:4 @VTU‘ T^Re P\[P^R‘R .*’//! N[TaYN^ ‘\ ^\a[QRQ SV[R ‘\ P\N^_RT^NbRY _VfRQ S^NTZR[‘_ \S ZaY‘VP\Y\a^RQ SYV[‘ #O^\c[& cUV‘R N[Q T^Re$(J\VQ_ 5-! #5+/ZZ d /ZZ d 2ZZ$(#ANQR =^\a[Q$
A7:; =FCIB:4 8^\c[V_U T^Re _VY‘e PYNe(#ANQR =^\a[Q$
A7:; =FCIB:4 8^\c[V_U T^Re V[QV_‘V[P‘Ye SV__a^RQ _VY‘e ZVPNPR\a_ PYNe cV‘U^N^R cUV‘R _VY‘ ‘aOR_ #5+ZZ d /ZZ$(#ANQR =^\a[Q$
S^\Z +.(**Z ‘\ +.(-*Z N__aZRQ f\[R \S P\^R Y\__
A7:; =FCIB:4 =^Re _YVTU‘Ye T^NbRYYe Y\PNYYe _YVTU‘Ye _N[Qe _VY‘e PYNe(=^NbRY _VfRQ S^NTZR[‘_ N^R N[TaYN^ ‘\ ^\a[QRQ SV[R ‘\ P\N^_R \SZaY‘VP\Y\a^RQ SYV[‘ #O^\c[& cUV‘R N[Q T^Re$( GN[Q _VfRQ S^NTZR[‘_ N^R SV[R‘\ ZRQVaZ(#ANQR =^\a[Q$
GURR‘ - \S .
:R_P^V]‘V\[ \S G‘^N‘N @RTR[Q :R]‘U@RbRY:N‘aZ GNZ]YV[T
:R‘NVY_?[ GV‘a HR_‘ ?[_‘NYY’
N‘V\[
BCH;G4 7YY QR]‘U_ V[ ZR‘^R_& NYY QVNZR‘R^_ V[ ZVYYVZR‘^R_(GRR URNQR^ _URR‘ S\^ QR‘NVY_ \S O\^V[T&
>\YR ?:(
:R‘NVY_
8Y\c 9\a[‘ 7[Q
D^\WRP‘ B\(
H9F G9F FE:
;Z]Y\eR^;[TV[RR^
9\\^QV[N‘R_=^\a[Q @RbRY
;d]Y\^N‘\^e >\YR @\TD^\WRP‘ BNZR
>\YR He]R ?[PYV[N‘V\[
<\^Z B\( G?;KD>C@;@C= ?__aR(FRbV_V\[ B\( +(*0 ?__aR :N‘R ,*)*3),*+- DN^‘ \S ‘UR 8NPUe G\YR‘N[PUR =^\a]
GNZ]YR FRP\bR^e
<\^ QR‘NVY_ \S NOO^RbVN‘V\[_& _RR XRe]^\T^R__ N[Q cN‘R^(
:VN(#HUVPX[R__$
<?B7@
?D%9D%F9
H71/+*
/(-+Z C:
GVYbR^‘\c[ Ha[[RY
7‘XV[_ @‘Q7‘XV[_ @‘Q
@\T D^V[‘ :N‘R 7[Q HVZR4 +2)*0),*+/ +/4,34*+
/-33-3(// ;& +2*.+.(1, B BN‘V\[NY =^VQJR^‘VPNY
@\T PURPXRQ Oe4 G< *-)*0),*+/
=+1
+*(**
++(**
++(1*
++(20++(3*
+,(1/
+,(2/+,(3*
+-(*/
+-(1++-(1,
+.(-*
+.(2++.(2/
#+(**$
#*(1*$
#*(2/$
#*(00$
#*(/2$
#*(/+$
#*(,*$
’.(03
’/(03
’0(-3
’0(//’0(/3
’1(..
’1(/.’1(/3
’1(1.
’2(.*’2(.+
’2(33
’3(/*’3(/.
: ./8 .0;G .1
: .28 .3
: /*8 /+;G /,
: /-8 /.
++(1*
++(3*
+,(1/
+,(2/
+-(0*
+.(**
+.(2/
+*(**+*(**+*(**
+*(/*+*(/*
++(**++(**++(**
++(/*++(/*
++(3*
+,(1/
+,(2/
+-(0*
+.(**
+.(2/
+/(*/
+.*
+.*
+.*
+.*
+.*
+*,
+*,
,*
+**
+**
+**
-*
-/
*
B7
B7
B7
B7
B7
B7
B7
B7
B7
B7
B7
B7
B7
B7
GDH#9$ B6+,+*(/*
GDH B6,0+.(**
+*(3/
+.(./
A7:; =FCIB:4 AaY‘VP\Y\a^RQ _YVTU‘Ye _VY‘e _YVTU‘Ye PYNeRe _N[Qe _aON[TaYN^‘\ _aO^\a[QRQ SV[R ‘\ P\N^_R T^NbRY _VfRQ S^NTZR[‘_ \S P\[P^R‘R& PUR^‘N[Q SYV[‘( GN[Q _VfRQ S^NTZR[‘_ N^R SV[R ‘\ P\N^_R(#ANQR =^\a[Q$
ORY\c +*(/*Z ZRQVaZ QR[_R
A7:; =FCIB:4 :N^X T^Re bR^e PYNeRe _N[Qe _aO^\a[QRQ ‘\ _aON[TaYN^ SV[R ‘\P\N^_R T^NbRY _VfRQ S^NTZR[‘_ \S O^VPX& P\[P^R‘R& PUR^‘& SYV[‘ N[Q c\\Q(
:R_P^V]‘V\[ \S G‘^N‘N @RTR[Q :R]‘U@RbRY:N‘aZ GNZ]YV[T
:R‘NVY_?[ GV‘a HR_‘ ?[_‘NYY’
N‘V\[
BCH;G4 7YY QR]‘U_ V[ ZR‘^R_& NYY QVNZR‘R^_ V[ ZVYYVZR‘^R_(GRR URNQR^ _URR‘ S\^ QR‘NVY_ \S O\^V[T&
>\YR ?:(
:R‘NVY_
8Y\c 9\a[‘ 7[Q
D^\WRP‘ B\(
H9F G9F FE:
;Z]Y\eR^;[TV[RR^
9\\^QV[N‘R_=^\a[Q @RbRY
;d]Y\^N‘\^e >\YR @\TD^\WRP‘ BNZR
>\YR He]R ?[PYV[N‘V\[
<\^Z B\( G?;KD>C@;@C= ?__aR(FRbV_V\[ B\( +(*0 ?__aR :N‘R ,*)*3),*+- DN^‘ \S ‘UR 8NPUe G\YR‘N[PUR =^\a]
GNZ]YR FRP\bR^e
<\^ QR‘NVY_ \S NOO^RbVN‘V\[_& _RR XRe]^\T^R__ N[Q cN‘R^(
:VN(#HUVPX[R__$
<?B7@
?D%9D%F9
H71/+*
/(-+Z C:
GVYbR^‘\c[ Ha[[RY
7‘XV[_ @‘Q7‘XV[_ @‘Q
@\T D^V[‘ :N‘R 7[Q HVZR4 +2)*0),*+/ +/4,34*.
/-33-3(// ;& +2*.+.(1, B BN‘V\[NY =^VQJR^‘VPNY
@\T PURPXRQ Oe4 G< *-)*0),*+/
=+1
+/(*/ ’3(1.MMMMMMMMMMMM+.(2+Z ’ +.(2/Z 4 A7:; =FCIB:4 8^\c[ N[Q T^Re N[TaYN^ SV[R T^NbRY _VfRQS^NTZR[‘_ \S _‘RRY(& #ANQR =^\a[Q$MMMMMMMMMMMM+.(2/Z ’ +/(*/Z 4 L\[R \S [\ ^RP\bR^e( G\YVQ _‘RRY( #:^VYYR^"_QR_P^V]‘V\[$ #ANQR =^\a[Q$;d]Y\^N‘\^e U\YR P\Z]YR‘R N‘ +/(*/ Z(
GURR‘ . \S .
1HZL?PWL
58=0;
B0,*&%
&,$&&$’%&)&#).T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’*/%(
*(..(*#)- 4" &-%*,,#++ = =H[PVUHS 6YPK’%$&&$’%&)
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6&-
%#%% &#’% 8? &,$&&$’%&) &,$&&$’%&) 9:$31 87 =0 =0 7HUK BVVSZ&#’% ’)#(% 2? &,$&&$’%&) ’%$&&$’%&) 30$@0 87 =0 =0 3HUKV ’%%%
)#*% %& A?84 (#,% )#,%
*#.% +#&% &’(% %%(% 2OPZLSSPUN+#+% +#,% &((% %%(% 2OPZLSSPUN
%& %#%% )#*% &. ?SHPU %#%% %#*% 2VUJYL[L%#*% (#,% 1LU[VUP[L(#,% )#,% 6YH]LS IHJRMPSS)#,% ’)#(% 1LU[VUP[L
&.$&&$’%&) &&%% )#,% ’#&% * )#*% =@&.$&&$’%&) &&%% )#,% &#.% &% )#*% =@&.$&&$’%&) &&%% )#,% &#-% &* )#*% =@&.$&&$’%&) &&%% )#,% &#-% ’% )#*% =@
’%% ’)#(% ’%% &)#%%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
*0(**(+)*-*’-2W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+.3).
.,22,.’-1 9% *1).00’// A AK]SYXKV ;[SN+)(**(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;*1
-’0) 0’/) HK]O[ KNNON ]Y K\\S\] N[SVVSXQ’
*0(**(+)*- )0,) )’)) & AD E]K[] YP <YVO*0(**(+)*- *1)) ,’)) *’/) 8DJ 9XN YP ERSP]*1(**(+)*- )0,) ,’)) & AD E]K[] YP ERSP]*1(**(+)*- *1)) ,’)) & AD 9XN YP ERSP]*2(**(+)*- )0,) ,’)) ,’)) *’1) E]K[] YP ERSP]*2(**(+)*- *1)) *-’.) *-’)) 85@C 9XN YP ERSP]+)(**(+)*- )0,) *-’.) *-’)) ,’)) E]K[] YP ERSP]+)(**(+)*- *1)) +-’,) *-’)) *2’0) 9XN YP <YVO
+’1) ECF A4* "*%)%)%*%)%)# 5D.,1 0. *’/) 8DJ.’.) ECF"7# A4,1 "-%/%*)%*)%*)%1# 5D.,1 0. .’.) *’-)0’)) ECF"7# A4,, ",%.%1%1%1%2# 5D.,1 0. 0’)) *’.)2’.) ECF A4+* "+%,%,%.%/%0# 5D.,1 0. 2’.) 85@C
*+’.) ECF A4+0 "+%-%.%/%0%2# 5D.,1 0. *+’.) 85@C*.’.) ECF A4,, "-%.%0%1%2%2# 5D.,1 0. *-’)) **’*)*1’.) ECF A4,- ",%.%1%1%2%2# 5D.,1 0. AD *-’0)+*’.) ECF A4,. "-%.%0%1%*)%*)# 5D.,1 0. AD *-’*)+-’)) ECF .)(*.)WW "0%*)%*,%,0# 5D.,1 0. AD *2’0)
9Q_O^U\‘U[Z [R F‘^M‘M ?QSQZP 9Q\‘T?QbQX9M‘aY FMY\XUZS
9Q‘MUX_>Z FU‘a GQ_‘ >Z_‘MXX&
M‘U[Z
ABG:F3 6XX PQ\‘T_ UZ YQ‘^Q_% MXX PUMYQ‘Q^_ UZ YUXXUYQ‘^Q_’FQQ TQMPQ^ _TQQ‘ R[^ PQ‘MUX_ [R N[^UZS%
=[XQ >9’
9Q‘MUX_
7X[c 8[aZ‘ 6ZP
C^[VQO‘ A[’
G8E F8E ED9
:Y\X[eQ^:ZSUZQQ^
8[[^PUZM‘Q_<^[aZP ?QbQX
:d\X[^M‘[^e =[XQ ?[SC^[VQO‘ AMYQ
=[XQ Ge\Q >ZOXUZM‘U[Z
;[^Y A[’ F>:KC=B?:?B< >__aQ’EQbU_U[Z A[’ *’)/ >__aQ 9M‘Q +)()2(+)*, CM^‘ [R ‘TQ 7MOTe F[XQ‘MZOTQ <^[a\
FMY\XQ EQO[bQ^e
;[^ PQ‘MUX_ [R MNN^QbUM‘U[Z_% _QQ WQe\^[S^Q__ MZP cM‘Q^’
9UM’"GTUOWZQ__#
;>A6?
>C$8C
G60.*)
*’-2Y B9
FUXbQ^‘[cZ GaZZQX
6‘WUZ_ ?‘P6‘WUZ_ ?‘P
?[S C^UZ‘ 9M‘Q 6ZP GUYQ3 *1()/(+)*. *.3+.3*)
.,22,.’-1 :% *1).00’// A AM‘U[ZMX <^UPIQ^‘UOMX
?[S OTQOWQP Ne3 F; ),()/(+)*.
<*1
.’.)
0’/)
")’1)#
"+’*)#
&-’)*
&/’**
7 +)
7 +*
9 ++
7 +,
9 +-7 +.
9 +/7 +0
HG +1
9 +2
9 ,)9 ,*7 ,+
.’))&.’.)
.’.)&/’))
/’))
/’.)&0’))
0’))0’))&0’.)
0’/)0’/)&1’))
1’))&1’-.
1’-.
2’.)2’.)&2’2.2’.)&*)’))
*)) 0. 7X[c_% *))! EQO[bQ^e
FCG"8# A5,1.’.)
FCG"8# A5,,0’))
FCG A5+*2’.)
.’2.
0’-.
2’2.
"EUbQ^ GQ^^MOQ 9Q\[_U‘_#
9QZ_Q PM^W S^Qe% N^[cZ% NXMOW [OOM_U[ZMXXe cTU‘Q MZP S^Qe _MZPe ‘[ bQ^e_MZPe _aNMZSaXM^ ‘[ ^[aZPQP RUZQ ‘[ O[M^_Q <E6I:? [R RXUZ‘’ FMZP U_ RUZQ‘[ O[M^_Q’"EUbQ^ GQ^^MOQ 9Q\[_U‘_#
M‘ /’))Y S^MbQXXe RUZQ ‘[ O[M^_Q _MZP
M‘ /’.)Y _MZPe _aNMZSaXM^ ‘[ ^[aZPQP RUZQ ‘[ O[M^_Q S^MbQX
F‘URR RU__a^QP ‘TUZXe XMYUZM‘QP S^Qe _XUST‘Xe _MZPe 8?6L’ ;U__a^Q_ M^QQd‘^QYQXe OX[_QXe _\MOQP \XMZM^ ^MZP[YXe [^UQZ‘M‘QP _Y[[‘T X[OMXXe OXMe_YQM^QP’ BOOM_U[ZMX \M^‘UZS_ [R N^[cZ MZP S^Qe RUZQ _MZP’ 6NaZPMZ‘ RUZQ_MZP _UfQP _QXQZU‘Q O^e_‘MX_’ EM^Q a\ ‘[ *.YY d .YY d +.YY NXMOW \e^U‘U_QPNa^^[c’ BOOM_U[ZMX a\ ‘[ 4*YY d *.YY Na^^[c_ UZRUXXQP cU‘T S^Qe _UX‘’"?[ZP[Z 8XMe ;[^YM‘U[Z#
R^[Y 2’.)Y ‘[ *)’))Y _MZPe OXMe’ 7U[‘a^NM‘QP cU‘T YQPUaY S^MbQX_UfQP \[OWQ‘_ [R PM^W S^Qe \e^U‘U_QP _MZP MZP ‘TUZ \M^‘UZS_ [R\e^U‘U_QP RUZQ _MZP
FTQQ‘ + [R .
9Q_O^U\‘U[Z [R F‘^M‘M ?QSQZP 9Q\‘T?QbQX9M‘aY FMY\XUZS
9Q‘MUX_>Z FU‘a GQ_‘ >Z_‘MXX&
M‘U[Z
ABG:F3 6XX PQ\‘T_ UZ YQ‘^Q_% MXX PUMYQ‘Q^_ UZ YUXXUYQ‘^Q_’FQQ TQMPQ^ _TQQ‘ R[^ PQ‘MUX_ [R N[^UZS%
=[XQ >9’
9Q‘MUX_
7X[c 8[aZ‘ 6ZP
C^[VQO‘ A[’
G8E F8E ED9
:Y\X[eQ^:ZSUZQQ^
8[[^PUZM‘Q_<^[aZP ?QbQX
:d\X[^M‘[^e =[XQ ?[SC^[VQO‘ AMYQ
=[XQ Ge\Q >ZOXUZM‘U[Z
;[^Y A[’ F>:KC=B?:?B< >__aQ’EQbU_U[Z A[’ *’)/ >__aQ 9M‘Q +)()2(+)*, CM^‘ [R ‘TQ 7MOTe F[XQ‘MZOTQ <^[a\
FMY\XQ EQO[bQ^e
;[^ PQ‘MUX_ [R MNN^QbUM‘U[Z_% _QQ WQe\^[S^Q__ MZP cM‘Q^’
9UM’"GTUOWZQ__#
;>A6?
>C$8C
G60.*)
*’-2Y B9
FUXbQ^‘[cZ GaZZQX
6‘WUZ_ ?‘P6‘WUZ_ ?‘P
?[S C^UZ‘ 9M‘Q 6ZP GUYQ3 *1()/(+)*. *.3+.3**
.,22,.’-1 :% *1).00’// A AM‘U[ZMX <^UPIQ^‘UOMX
?[S OTQOWQP Ne3 F; ),()/(+)*.
<*1
"*)’2)#
9 ,,
HG ,-
9 ,.
9 ,/9 ,07 ,1
9 ,2
HG -)
9 -*
*)’.)
**’))&**’-.
**’-.
*+’.)*+’.)&*+’2.*+’.)&*,’))
*,’.)
*-’))&*-’-.
*-’-.
*))
*))
0. 7X[c_% *))! EQO[bQ^e
1) 7X[c_% 12! EQO[bQ^e
FCG A5+0*+’.)
*+’2.
F‘URR RU__a^QP ‘TUZXe XMYUZM‘QP S^Qe _XUST‘Xe _MZPe 8?6L’ ;U__a^Q_ M^QQd‘^QYQXe OX[_QXe _\MOQP \XMZM^ ^MZP[YXe [^UQZ‘M‘QP _Y[[‘T X[OMXXe OXMe_YQM^QP’ BOOM_U[ZMX \M^‘UZS_ [R N^[cZ MZP S^Qe RUZQ _MZP’ 6NaZPMZ‘ RUZQ_MZP _UfQP _QXQZU‘Q O^e_‘MX_’ EM^Q a\ ‘[ *.YY d .YY d +.YY NXMOW \e^U‘U_QPNa^^[c’ BOOM_U[ZMX a\ ‘[ 4*YY d *.YY Na^^[c_ UZRUXXQP cU‘T S^Qe _UX‘’"?[ZP[Z 8XMe ;[^YM‘U[Z#
M‘ **’-.Y _MZPe OXMe’ 7U[‘a^NM‘QP cU‘T ^M^Q YQPUaY S^MbQX _UfQPR^MSYQZ‘_ [R Y[PQ^M‘QXe _‘^[ZS OXMe_‘[ZQ
NQX[c *+’.)Y OXMe U_ bQ^e _‘URR’ ;^Q]aQZ‘ 4*YY Na^^[c_ UZRUXXQPcU‘T cTU‘Q _UX‘’ BOOM_U[ZMX \M^‘UZS_ [R \e^U‘U_QP RUZQ _MZP’;^Q]aQZ‘ Pa_‘UZS_ [R RUZQ ‘[ O[M^_Q _MZP _UfQP _QXQZU‘Q
R^[Y *,’.)Y ‘[ *1’.)Y X[OMXXe R^UMNXQ _MZPe ‘[ bQ^e _MZPe OXMe’;^Q]aQZ‘ Pa_‘UZS_ MZP \M^‘UZS_ [R RUZQ ‘[ YQPUaY N^[cZU_T S^Qe _MZP
FTQQ‘ , [R .
9Q_O^U\‘U[Z [R F‘^M‘M ?QSQZP 9Q\‘T?QbQX9M‘aY FMY\XUZS
9Q‘MUX_>Z FU‘a GQ_‘ >Z_‘MXX&
M‘U[Z
ABG:F3 6XX PQ\‘T_ UZ YQ‘^Q_% MXX PUMYQ‘Q^_ UZ YUXXUYQ‘^Q_’FQQ TQMPQ^ _TQQ‘ R[^ PQ‘MUX_ [R N[^UZS%
=[XQ >9’
9Q‘MUX_
7X[c 8[aZ‘ 6ZP
C^[VQO‘ A[’
G8E F8E ED9
:Y\X[eQ^:ZSUZQQ^
8[[^PUZM‘Q_<^[aZP ?QbQX
:d\X[^M‘[^e =[XQ ?[SC^[VQO‘ AMYQ
=[XQ Ge\Q >ZOXUZM‘U[Z
;[^Y A[’ F>:KC=B?:?B< >__aQ’EQbU_U[Z A[’ *’)/ >__aQ 9M‘Q +)()2(+)*, CM^‘ [R ‘TQ 7MOTe F[XQ‘MZOTQ <^[a\
FMY\XQ EQO[bQ^e
;[^ PQ‘MUX_ [R MNN^QbUM‘U[Z_% _QQ WQe\^[S^Q__ MZP cM‘Q^’
9UM’"GTUOWZQ__#
;>A6?
>C$8C
G60.*)
*’-2Y B9
FUXbQ^‘[cZ GaZZQX
6‘WUZ_ ?‘P6‘WUZ_ ?‘P
?[S C^UZ‘ 9M‘Q 6ZP GUYQ3 *1()/(+)*. *.3+.3*+
.,22,.’-1 :% *1).00’// A AM‘U[ZMX <^UPIQ^‘UOMX
?[S OTQOWQP Ne3 F; ),()/(+)*.
<*1
*1’.) &*0’)*
9 -+69 -,7 --
9 -.
HG -/
9 -0
9 -19 -27 .)
9 .*
*.’.)*.’.)&*.’2.*.’.)&*/’))
*/’.)
*0’))&*0’-.
*0’-.
*1’.)*1’.)&*1’2.*1’.)&*2’))
*2’.)
*)) 0. 7X[c_% *))! EQO[bQ^e
FCG A5,,*.’.)
FCG A5,-*1’.)
*.’2.
*1’2.
F‘URR RU__a^QP ‘TUZXe XMYUZM‘QP S^Qe _XUST‘Xe _MZPe 8?6L’ ;U__a^Q_ M^QQd‘^QYQXe OX[_QXe _\MOQP \XMZM^ ^MZP[YXe [^UQZ‘M‘QP _Y[[‘T X[OMXXe OXMe_YQM^QP’ BOOM_U[ZMX \M^‘UZS_ [R N^[cZ MZP S^Qe RUZQ _MZP’ 6NaZPMZ‘ RUZQ_MZP _UfQP _QXQZU‘Q O^e_‘MX_’ EM^Q a\ ‘[ *.YY d .YY d +.YY NXMOW \e^U‘U_QPNa^^[c’ BOOM_U[ZMX a\ ‘[ 4*YY d *.YY Na^^[c_ UZRUXXQP cU‘T S^Qe _UX‘’"?[ZP[Z 8XMe ;[^YM‘U[Z#
IQ^e _‘URR RU__a^QP ‘TUZXe XMYUZM‘QP S^Qe _XUST‘Xe _MZPe 8?6L’ ;U__a^Q_M^Q bQ^e OX[_QXe _\MOQP ^MZP[YXe [^UQZ‘M‘QP \XMZM^ ^[aST _Y[[‘T’BOOM_U[ZMX \M^‘UZS_ [R N^[cZ MZP S^Qe RUZQ _MZP’ ;^Q]aQZ‘ Pa_‘UZS_ [R RUZQ_MZP _UfQP _QXQZU‘Q O^e_‘MX_’ BOOM_U[ZMX a\ ‘[ 4*YY Na^^[c UZRUXXQP cU‘TS^Qe _UX‘’"?[ZP[Z 8XMe ;[^YM‘U[Z#
FTQQ‘ - [R .
9Q_O^U\‘U[Z [R F‘^M‘M ?QSQZP 9Q\‘T?QbQX9M‘aY FMY\XUZS
9Q‘MUX_>Z FU‘a GQ_‘ >Z_‘MXX&
M‘U[Z
ABG:F3 6XX PQ\‘T_ UZ YQ‘^Q_% MXX PUMYQ‘Q^_ UZ YUXXUYQ‘^Q_’FQQ TQMPQ^ _TQQ‘ R[^ PQ‘MUX_ [R N[^UZS%
=[XQ >9’
9Q‘MUX_
7X[c 8[aZ‘ 6ZP
C^[VQO‘ A[’
G8E F8E ED9
:Y\X[eQ^:ZSUZQQ^
8[[^PUZM‘Q_<^[aZP ?QbQX
:d\X[^M‘[^e =[XQ ?[SC^[VQO‘ AMYQ
=[XQ Ge\Q >ZOXUZM‘U[Z
;[^Y A[’ F>:KC=B?:?B< >__aQ’EQbU_U[Z A[’ *’)/ >__aQ 9M‘Q +)()2(+)*, CM^‘ [R ‘TQ 7MOTe F[XQ‘MZOTQ <^[a\
FMY\XQ EQO[bQ^e
;[^ PQ‘MUX_ [R MNN^QbUM‘U[Z_% _QQ WQe\^[S^Q__ MZP cM‘Q^’
9UM’"GTUOWZQ__#
;>A6?
>C$8C
G60.*)
*’-2Y B9
FUXbQ^‘[cZ GaZZQX
6‘WUZ_ ?‘P6‘WUZ_ ?‘P
?[S C^UZ‘ 9M‘Q 6ZP GUYQ3 *1()/(+)*. *.3+.3*-
.,22,.’-1 :% *1).00’// A AM‘U[ZMX <^UPIQ^‘UOMX
?[S OTQOWQP Ne3 F; ),()/(+)*.
<*1
+,’-.
+-’,)
"-’2.#
")’1.#
&+*’2/
&++’1*
HG .+
9 .,
9 .-9 ..7 ./
HG .0
9 .1
9 .29 /)9 /*
+)’))&+)’-.
+)’-.
+*’.)+*’.)&+*’2.+*’.)&++’))
+,’))&+,’-.
+,’-.
+,’2)+,’2)+-’))&+-’,)
*))
*))
0. 7X[c_% *))! EQO[bQ^e
*)) 7X[c_% /0! EQO[bQ^e
FCG A5,.+*’.)
FCG .)(*.)YY+-’))
+*’2.
+-’,)
IQ^e _‘URR RU__a^QP ‘TUZXe XMYUZM‘QP S^Qe _XUST‘Xe _MZPe 8?6L’ ;U__a^Q_M^Q bQ^e OX[_QXe _\MOQP ^MZP[YXe [^UQZ‘M‘QP \XMZM^ ^[aST _Y[[‘T’BOOM_U[ZMX \M^‘UZS_ [R N^[cZ MZP S^Qe RUZQ _MZP’ ;^Q]aQZ‘ Pa_‘UZS_ [R RUZQ_MZP _UfQP _QXQZU‘Q O^e_‘MX_’ BOOM_U[ZMX a\ ‘[ 4*YY Na^^[c UZRUXXQP cU‘TS^Qe _UX‘’"?[ZP[Z 8XMe ;[^YM‘U[Z#
IQ^e PQZ_Q S^Qe X[OMXXe S^MbQXXe _UX‘e RUZQ ‘[ O[M^_Q F6A9’ <^MbQX U__aN^[aZPQP ‘[ ^[aZPQP RUZQ ‘[ O[M^_Q [R NXMOW RXUZ‘’ EM^Q a\ ‘[ +YY d .YYd +)YY \UZWU_T cTU‘Q _TQXX R^MSYQZ‘_’ * A[ /)YY d +)YY d ,.YY Z[PaXQ [R\e^U‘U_QP _MZP’"=M^cUOT ;[^YM‘U[Z#
:d\X[^M‘[^e T[XQ O[Y\XQ‘Q M‘ +-’,) Y’
FTQQ‘ . [R .
1I[M?QXM
58=0;
B0,*&%
’%$&&$’%&)&#(%U >3
AQT^MZ\W_V B]VVMT
0\SQV[ ;\L0\SQV[ ;\L
;WO ?ZQV\ 3I\M 0VL BQUM/ &-$%+$’%&* &*/’./((
*(..%(#’- 4" &-%+’&#+( = =I\QWVIT 6ZQL’+$&&$’%&)
;WO KPMKSML Ja/ A5 %($%+$’%&*
DMZ\QKIT
6&.1
%#%% )#&% B? &,$&&$’%&) &,$&&$’%&) =@ H1 =0 =0 921)#&% ’*#), 2? ’%$&&$’%&) ’+$&&$’%&) 62$6B <6 =0 =0 3IVLW (%%%
%#%% %#*% 2WVKZM\M%#*% ’*#), 1MV\WVQ\M
’%$&&$’%&) &*(% (#%% &#+% * &#%% =A’%$&&$’%&) &*(% (#%% &#+% &% &#%% =A’%$&&$’%&) &*(% (#%% &#+% &* &#%% =A’%$&&$’%&) &*(% (#%% &#+% ’% &#%% =A
’*%’%%
-#.%’*#),
’*%’%%
-#.%&+#)%
?8?4 2>=AB@C2B8>=83
PPUU[[
1Q\2WZM 2WZM
1IZZMT A]XXWZ\;WOOML 1a
3QI#WN XQXM
!
@MUIZS[<I\MZQIT[MK\QWV
1I[M WN[MK\QWV
BWX WN102:58;; 34B08;A
3]ZI\QWVPPUU
A\IZ\ \QUM
5T][PKWTW]Z
\ISMVNTW_
5WZ LM\IQT[ WN IJJZM^QI\QWV[" [MM SMa
BWX 1I[MBaXM WN
XQXM3Q[\IVKM
8=AB0;;0B8>= 34B08;A
NZWU 6#;#83
?ZWRMK\ =W#
?ZWRMK\ =IUM
4UXTWaMZ4VOQVMMZ
2WWZLQVI\M[6ZW]VL ;M^MT8VKTQVI\QWV3I\M A\IZ\ML 3I\M 2WUXTM\ML
7WTM 83#4‘XTWZI\WZa 7WTM ;WO
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7IZL A\ZI\I 3MX\PNZWU \W
PPUU
7WTMLQIUM\MZ
3MX\P WNPWTM
2I[QVOLQIUM\MZ
3MX\P WNKI[QVO
3I\M BQUM A\ZQSM I\LMX\P LMX\P
@Q[M \W BQUM\W ZQ[M
2I[QVO LMX\PI\ [\ZQSM
\QUM\W [MIT
7MILMZ ?IOM &
=>B4A/ 0TT LMX\P[ QV UM\ZM["EI\MZ [\ZQSM ZQ[M \QUM QV UQV]\M["
5ZWULMX\P
BWLMX\P
5T][P\aXM
5T][PZM\]ZV
@MUIZS[2PQ[MTTQVO
5WZU =W# A84F?7>;473@ ?& 8[[]M#@M^Q[QWV =W# &#%+ 8[[]M 3I\M %,$&%$’%&(
4Y]QXUMV\BWX 1I[M BaXM 3I\M A\IZ\ML 3I\M 4VLML 2ZM_ AMK\QWV APWZQVO $ @MUIZS[
ITT LQIUM\MZ[ QV UQTTQUM\ZM[#PIZL [\ZI\I \QUM QV PPUU
BWX 1I[M 3QIUM\MZ BQUM @MKW^MZa!
3G=0<82 A0<?;8=6
?IZ\ WN \PM 1IKPa AWTM\IVKPM OZW]X
BaXM @M[XWV[M bWVMBWX
/* */’-) ,’,)
MNY\Q!
CZXSNL\ AX’
CZXSNL\ AJVN
9VYUXaNZ9WPRWNNZ
7XXZMRWJ\N[;ZX]WM ?N^NU=WLURWJ\RXW8J\N E\JZ\NM 8J\N 7XVYUN\NM
<XUN =8’9‘YUXZJ\XZa <XUN ?XP
ECF 89F5=?ECDB;D9EEDNVJZT[8J\N FRVN <XUN
MNY\Q MNY\Q7J[RWP HJ\NZ
MNY\Q8NY\Q FaYN =WLZNVNW\JU KUX_ LX]W\ (
<NJMNZ CJPN +
ABF9E3 5UU MNY\Q[ RW VN\ZN[%
$ ENJ\RWP KUX_[ XWUa’
7J[RWP HJ\NZMNY\Q
:XZV AX’ E=9IC<B?9<8D C+ =[[]N’DN^R[RXW AX’ *’)/ =[[]N 8J\N *+(),(+)*-
JUU MRJVN\NZ[ RW VRUURVN\ZN[’
9WNZPaZJ\RXYNWN\ZJ\RXW RW VV
<JVVNZAX’
CJZ\ XO \QN 6JLQa EXUN\JWLQN PZX]Y
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFXY
8NY\Q6J[N
8NY\QDNVJZT[
:=A5?
6XZNQXUN OXZVNM \QZX]PQ \ZRJU YR\ 9F*2’*’
:XZ MN\JRU[ XO JKKZN^RJ\RXW[% [NN TNa
F50.*)
+)(**(+)*-*’,)V B8
ERU^NZ\X_W F]WWNU
5\TRW[ ?\M5\TRW[ ?\M
?XP CZRW\ 8J\N 5WM FRVN3 *1()/(+)*. *.3+23,.
.,22),’+1 9% *1)/+*’/, A AJ\RXWJU ;ZRM+/(**(+)*-
?XP LQNLTNM Ka3 E: ),()/(+)*.
GNZ\RLJU
;*26
2’)) *)’)) 6NW\XWR\N [NJU’
+)(**(+)*- )0,) )’)) & AD E\JZ\ XO <XUN+)(**(+)*- *1)) -’*) *’+) *’/) 9WM XO EQRO\+*(**(+)*- )0,) -’*) *’+) *’0) E\JZ\ XO EQRO\+*(**(+)*- *0,) 1’)) 1’)) *’0) 9WM XO [QRO\+-(**(+)*- )0,) 1’)) 1’)) *’/) E\JZ\ XO EQRO\+-(**(+)*- *1)) */’)) *+’*) +’)) 9WM XO EQRO\+.(**(+)*- )0,) */’)) *+’*) *’/) E\JZ\ XO EQRO\+.(**(+)*- *1+) ++’0) */’-) +’/) 9WM XO EQRO\+/(**(+)*- )0,) ++’0) */’-) *’/) E\JZ\ XO EQRO\+/(**(+)*- *1)) +.’+) */’-) AD 9WM XO <XUN
-’.) ECF"7# A4*0 "*%)%+%.%.%.# 5D10 /* -’.) +’+)/’)) ECF"7# A4+) "+%-%.%-%.%/# 5D10 /* /’)) +’))0’.) ECF A4*1 "*%)%+%-%/%/# 5D10 /* 0’.) *’0)
*)’)) ECF A4+/ ",%.%/%/%0%0# 5D10 /* *)’)) ,’+)*,’)) ECF A4+/ "-%.%/%/%0%0# 5D10 /* *+’)) /’*)*/’)) ECF A4+/ "-%-%.%/%0%1# 5D10 /* *+’*) *’/)*2’)) ECF A4,. ".%/%0%1%*)%*)# 5D10 /* */’,) +’+)++’)) ECF .)(**)VV "0%2%+.%+.# 5D10 /* */’,) +’-)+-’)) ECF .)(*,)VV "2%*/%+*%+2# 5D10 /* */’-) +’/)+.’+) ECF .)(**.VV "2%*,%+-%+/# 5D10
9Q^O]U\_U[Z [R F_]M_M ?QSQZP 9Q\_T?QaQX9M_‘Y FMY\XUZS
9Q_MUX^>Z FU_‘ GQ^_ >Z^_MXX&
M_U[Z
ABG:F3 6XX PQ\_T^ UZ YQ_]Q^% MXX PUMYQ_Q]^ UZ YUXXUYQ_]Q^’FQQ TQMPQ] ^TQQ_ R[] PQ_MUX^ [R N[]UZS%
=[XQ >9’
9Q_MUX^
7X[b 8[‘Z_ 6ZP
C][VQO_ A[’
G8E F8E ED9
:Y\X[dQ]:ZSUZQQ]
8[[]PUZM_Q^<][‘ZP ?QaQX
:c\X[]M_[]d =[XQ ?[SC][VQO_ AMYQ
=[XQ Gd\Q >ZOXUZM_U[Z
;[]Y A[’ F>:KC=B?:?B< >^^‘Q’EQaU^U[Z A[’ *’)/ >^^‘Q 9M_Q +)()2(+)*, CM]_ [R _TQ 7MOTd F[XQ_MZOTQ <][‘\
FMY\XQ EQO[aQ]d
;[] PQ_MUX^ [R MNN]QaUM_U[Z^% ^QQ WQd\][S]Q^^ MZP bM_Q]’
9UM’"GTUOWZQ^^#
;>A6?
GC$8C
G60.*)
*’,)Y B9
FUXaQ]_[bZ G‘ZZQX
6_WUZ^ ?_P6_WUZ^ ?_P
?[S C]UZ_ 9M_Q 6ZP GUYQ3 *1()/(+)*. *.3+23,2
.,22),’+1 :% *1)/+*’/, A AM_U[ZMX <]UPIQ]_UOMX
?[S OTQOWQP Nd3 F; ),()/(+)*.
<*27
0’,)
0’0)
1’))
",’+)#
")’-)#
")’,)#
&/’))
&/’-)
&/’0)
9 .7 /
7 0
9 1:F 2
9 *)7 **
9 *+
:F *,
9 *-HG *.
9 */
9 *0
.’.)
.’.)&/’))
/’))&/’.)
/’.)/’.)
0’.)0’.)&1’))
1’))
1’,)
1’.)1’.)&1’2.
2’))
2’.)
*)) -) 7X[b^% *))! EQO[aQ]d
FCG"8# A5+)/’))
FCG A5*10’.)
/’-.
0’2.
@QPU‘Y PQZ^Q PM]W S]Qd ^XUST_Xd OXMdQd _[ OXMdQd ^MZPd ^‘NMZS‘XM] _[^‘N][‘ZPQP RUZQ _[ O[M]^Q <E6I:? [R RXUZ_’ FMZP U^ RUZQ _[ O[M]^Q’"EUaQ] GQ]]MOQ 9Q\[^U_^#
@QPU‘Y PQZ^Q N][bZU^T S]Qd O[M]^Q F6A9’"EUaQ] GQ]]MOQ 9Q\[^U_^#
@QPU‘Y PQZ^Q N][bZU^T S]Qd ^XUST_Xd S]MaQXXd O[M]^Q F6A9’ <]MaQX U^^‘NMZS‘XM] _[ ^‘N][‘ZPQP RUZQ [R RXUZ_’"EUaQ] GQ]]MOQ 9Q\[^U_^#
F_URR _[ aQ]d ^_URR RU^^‘]QP aQ]d PM]W N][bZU^T S]Qd ^XUST_Xd ^UX_d 8?6L’;U^^‘]Q^ M]Q Qc_]QYQXd OX[^QXd ^\MOQP \XMZM] _[ O‘]aU\XMZM] ]MZP[YXd[]UQZ_M_QP bU_T ^UX_ P‘^_UZS [R RU^^‘]Q ^‘]RMOQ^’ BOOM^U[ZMX ‘\ _[ +YYPUMYQ_Q] c *,YY N‘]][b^ UZRUXXQP bU_T S]Qd ^UX_’"?[ZP[Z 8XMd ;[]YM_U[Z#
M_ 1’.)Y [OOM^U[ZMX ^‘NMZS‘XM] O[M]^Q S]MaQX [R RXUZ_R][Y 1’.)Y Qc_]QYQXd OX[^QXd ^\MOQP RU^^‘]UZS \XMZM] _[ O‘]aU\XMZM]bU_T ^UX_ ^‘]RMOQ^ ]MZP[YXd []UQZ_M_QP
M_ 2’))Y NQO[YQ^ R]UMNXQ
FTQQ_ + [R /
9Q^O]U\_U[Z [R F_]M_M ?QSQZP 9Q\_T?QaQX9M_‘Y FMY\XUZS
9Q_MUX^>Z FU_‘ GQ^_ >Z^_MXX&
M_U[Z
ABG:F3 6XX PQ\_T^ UZ YQ_]Q^% MXX PUMYQ_Q]^ UZ YUXXUYQ_]Q^’FQQ TQMPQ] ^TQQ_ R[] PQ_MUX^ [R N[]UZS%
=[XQ >9’
9Q_MUX^
7X[b 8[‘Z_ 6ZP
C][VQO_ A[’
G8E F8E ED9
:Y\X[dQ]:ZSUZQQ]
8[[]PUZM_Q^<][‘ZP ?QaQX
:c\X[]M_[]d =[XQ ?[SC][VQO_ AMYQ
=[XQ Gd\Q >ZOXUZM_U[Z
;[]Y A[’ F>:KC=B?:?B< >^^‘Q’EQaU^U[Z A[’ *’)/ >^^‘Q 9M_Q +)()2(+)*, CM]_ [R _TQ 7MOTd F[XQ_MZOTQ <][‘\
FMY\XQ EQO[aQ]d
;[] PQ_MUX^ [R MNN]QaUM_U[Z^% ^QQ WQd\][S]Q^^ MZP bM_Q]’
9UM’"GTUOWZQ^^#
;>A6?
GC$8C
G60.*)
*’,)Y B9
FUXaQ]_[bZ G‘ZZQX
6_WUZ^ ?_P6_WUZ^ ?_P
?[S C]UZ_ 9M_Q 6ZP GUYQ3 *1()/(+)*. *.3+23-*
.,22),’+1 :% *1)/+*’/, A AM_U[ZMX <]UPIQ]_UOMX
?[S OTQOWQP Nd3 F; ),()/(+)*.
<*27
9 *17 *2
9 +)
HG +*
9 ++
9 +,
9 +-7 +.
9 +/
HG +0
*)’))&*)’-.*)’))&*)’.)
**’))
**’.)&**’2.
*+’))
*+’.)
*,’))&*,’-.*,’))&*,’.)
*-’))
*-’.)&*-’2.
*))
*))
.) 7X[b^% *))! EQO[aQ]d
/) 7X[b^% *))! EQO[aQ]d
FCG A5+/*)’))
FCG A5+/*,’))
*)’-.
*,’-.
F_URR _[ aQ]d ^_URR RU^^‘]QP aQ]d PM]W N][bZU^T S]Qd ^XUST_Xd ^UX_d 8?6L’;U^^‘]Q^ M]Q Qc_]QYQXd OX[^QXd ^\MOQP \XMZM] _[ O‘]aU\XMZM] ]MZP[YXd[]UQZ_M_QP bU_T ^UX_ P‘^_UZS [R RU^^‘]Q ^‘]RMOQ^’ BOOM^U[ZMX ‘\ _[ +YYPUMYQ_Q] c *,YY N‘]][b^ UZRUXXQP bU_T S]Qd ^UX_’"?[ZP[Z 8XMd ;[]YM_U[Z#
NQX[b *)’))Y OXMd U^ aQ]d ^_URR
M_ *,’))Y NQO[YQ^ YUOMOQ[‘^
FTQQ_ , [R /
9Q^O]U\_U[Z [R F_]M_M ?QSQZP 9Q\_T?QaQX9M_‘Y FMY\XUZS
9Q_MUX^>Z FU_‘ GQ^_ >Z^_MXX&
M_U[Z
ABG:F3 6XX PQ\_T^ UZ YQ_]Q^% MXX PUMYQ_Q]^ UZ YUXXUYQ_]Q^’FQQ TQMPQ] ^TQQ_ R[] PQ_MUX^ [R N[]UZS%
=[XQ >9’
9Q_MUX^
7X[b 8[‘Z_ 6ZP
C][VQO_ A[’
G8E F8E ED9
:Y\X[dQ]:ZSUZQQ]
8[[]PUZM_Q^<][‘ZP ?QaQX
:c\X[]M_[]d =[XQ ?[SC][VQO_ AMYQ
=[XQ Gd\Q >ZOXUZM_U[Z
;[]Y A[’ F>:KC=B?:?B< >^^‘Q’EQaU^U[Z A[’ *’)/ >^^‘Q 9M_Q +)()2(+)*, CM]_ [R _TQ 7MOTd F[XQ_MZOTQ <][‘\
FMY\XQ EQO[aQ]d
;[] PQ_MUX^ [R MNN]QaUM_U[Z^% ^QQ WQd\][S]Q^^ MZP bM_Q]’
9UM’"GTUOWZQ^^#
;>A6?
GC$8C
G60.*)
*’,)Y B9
FUXaQ]_[bZ G‘ZZQX
6_WUZ^ ?_P6_WUZ^ ?_P
?[S C]UZ_ 9M_Q 6ZP GUYQ3 *1()/(+)*. *.3+23-+
.,22),’+1 :% *1)/+*’/, A AM_U[ZMX <]UPIQ]_UOMX
?[S OTQOWQP Nd3 F; ),()/(+)*.
<*27
"*-’.)#
9 +1
9 +2
9 ,)7 ,*
9 ,+
HG ,,
9 ,-
9 ,.
9 ,/7 ,0
*.’))
*.’.)
*/’))&*/’-.*/’))&*/’.)
*0’))
*0’.)&*0’2.
*1’))
*1’.)
*2’))&*2’-.*2’))&*2’.)
*)) 0) 7X[b^% *))! EQO[aQ]d
FCG A5+/*/’))
FCG A5,.*2’))
*/’-.
*2’-.
F_URR _[ aQ]d ^_URR RU^^‘]QP aQ]d PM]W N][bZU^T S]Qd ^XUST_Xd ^UX_d 8?6L’;U^^‘]Q^ M]Q Qc_]QYQXd OX[^QXd ^\MOQP \XMZM] _[ O‘]aU\XMZM] ]MZP[YXd[]UQZ_M_QP bU_T ^UX_ P‘^_UZS [R RU^^‘]Q ^‘]RMOQ^’ BOOM^U[ZMX ‘\ _[ +YYPUMYQ_Q] c *,YY N‘]][b^ UZRUXXQP bU_T S]Qd ^UX_’"?[ZP[Z 8XMd ;[]YM_U[Z#
M_ *.’.)Y bU_T ‘\ _[ .YY PUMYQ_Q] \[OWQ_^ [R PM]W N][bZ ^UX_d OXMd
NQX[b */’))Y bU_T ^[YQ *YY c .YY XQZ^Q^ [R XUST_ S]Qd ^UX_’BOOM^U[ZMX RUZQ _[ O[M]^Q ^MZP ^UeQP ^QXQZU_Q O]d^_MX^
NQX[b *2’))Y OXMd U^ _TUZXd XMYUZM_QP
FTQQ_ - [R /
9Q^O]U\_U[Z [R F_]M_M ?QSQZP 9Q\_T?QaQX9M_‘Y FMY\XUZS
9Q_MUX^>Z FU_‘ GQ^_ >Z^_MXX&
M_U[Z
ABG:F3 6XX PQ\_T^ UZ YQ_]Q^% MXX PUMYQ_Q]^ UZ YUXXUYQ_]Q^’FQQ TQMPQ] ^TQQ_ R[] PQ_MUX^ [R N[]UZS%
=[XQ >9’
9Q_MUX^
7X[b 8[‘Z_ 6ZP
C][VQO_ A[’
G8E F8E ED9
:Y\X[dQ]:ZSUZQQ]
8[[]PUZM_Q^<][‘ZP ?QaQX
:c\X[]M_[]d =[XQ ?[SC][VQO_ AMYQ
=[XQ Gd\Q >ZOXUZM_U[Z
;[]Y A[’ F>:KC=B?:?B< >^^‘Q’EQaU^U[Z A[’ *’)/ >^^‘Q 9M_Q +)()2(+)*, CM]_ [R _TQ 7MOTd F[XQ_MZOTQ <][‘\
FMY\XQ EQO[aQ]d
;[] PQ_MUX^ [R MNN]QaUM_U[Z^% ^QQ WQd\][S]Q^^ MZP bM_Q]’
9UM’"GTUOWZQ^^#
;>A6?
GC$8C
G60.*)
*’,)Y B9
FUXaQ]_[bZ G‘ZZQX
6_WUZ^ ?_P6_WUZ^ ?_P
?[S C]UZ_ 9M_Q 6ZP GUYQ3 *1()/(+)*. *.3+23-,
.,22),’+1 :% *1)/+*’/, A AM_U[ZMX <]UPIQ]_UOMX
?[S OTQOWQP Nd3 F; ),()/(+)*.
<*27
++’.)
+,’))
+-’*)
")’.)#
"*’*)#
"*’*)#
&+*’+)
&+*’0)
&++’1)
9 ,1
HG ,2
9 -)
9 -*
9 -+7 -,
9 --
HG;7 -.
9 -/7 -0
9 -1
+)’))
+)’.)&+)’2.
+*’))
+*’.)
++’))&++’+/++’))&++’.)
+,’))
+,’.)&+,’1)+,’.)&+-’))
+-’))&+-’+1+-’))&+-’.)
+-’.)
*))
*))
*)) 7X[b^% *))! EQO[aQ]d
*)) 7X[b^% )! EQO[aQ]d
FCG .)(**)YY++’))
FCG .)(*,)YY+-’))
++’+/
+-’+1
F_URR _[ aQ]d ^_URR RU^^‘]QP aQ]d PM]W N][bZU^T S]Qd ^XUST_Xd ^UX_d 8?6L’;U^^‘]Q^ M]Q Qc_]QYQXd OX[^QXd ^\MOQP \XMZM] _[ O‘]aU\XMZM] ]MZP[YXd[]UQZ_M_QP bU_T ^UX_ P‘^_UZS [R RU^^‘]Q ^‘]RMOQ^’ BOOM^U[ZMX ‘\ _[ +YYPUMYQ_Q] c *,YY N‘]][b^ UZRUXXQP bU_T S]Qd ^UX_’"?[ZP[Z 8XMd ;[]YM_U[Z#
M_ +)’))Y bU_T [OOM^U[ZMX ‘\ _[ YQPU‘Y S]MaQX ^UeQP XUSZU_Q
M_ ++’))Y bU_T ^[YQ ^‘NMZS‘XM] RUZQ S]MaQX ^UeQP R]MSYQZ_^ [ROXMd^_[ZQ MZP 4.YY ^TQXX R]MSYQZ_^
7XMOW OXMdQd ][‘ZPQP RUZQ _[ O[M]^Q <E6I:?’"=M]bUOT ;[]YM_U[Z#
<]Qd aQ]d OXMdQd ^‘N][‘ZPQP RUZQ _[ O[M]^Q <E6I:? [R RXUZ_’"=M]bUOT ;[]YM_U[Z#
IQ]d PQZ^Q S]Qd OXMdQd RUZQ _[ O[M]^Q F6A9’"J[[XbUOT ;[]YM_U[Z & ?MYUZM_QP 7QP^#
FTQQ_ . [R /
9Q^O]U\_U[Z [R F_]M_M ?QSQZP 9Q\_T?QaQX9M_‘Y FMY\XUZS
9Q_MUX^>Z FU_‘ GQ^_ >Z^_MXX&
M_U[Z
ABG:F3 6XX PQ\_T^ UZ YQ_]Q^% MXX PUMYQ_Q]^ UZ YUXXUYQ_]Q^’FQQ TQMPQ] ^TQQ_ R[] PQ_MUX^ [R N[]UZS%
=[XQ >9’
9Q_MUX^
7X[b 8[‘Z_ 6ZP
C][VQO_ A[’
G8E F8E ED9
:Y\X[dQ]:ZSUZQQ]
8[[]PUZM_Q^<][‘ZP ?QaQX
:c\X[]M_[]d =[XQ ?[SC][VQO_ AMYQ
=[XQ Gd\Q >ZOXUZM_U[Z
;[]Y A[’ F>:KC=B?:?B< >^^‘Q’EQaU^U[Z A[’ *’)/ >^^‘Q 9M_Q +)()2(+)*, CM]_ [R _TQ 7MOTd F[XQ_MZOTQ <][‘\
FMY\XQ EQO[aQ]d
;[] PQ_MUX^ [R MNN]QaUM_U[Z^% ^QQ WQd\][S]Q^^ MZP bM_Q]’
9UM’"GTUOWZQ^^#
;>A6?
GC$8C
G60.*)
*’,)Y B9
FUXaQ]_[bZ G‘ZZQX
6_WUZ^ ?_P6_WUZ^ ?_P
?[S C]UZ_ 9M_Q 6ZP GUYQ3 *1()/(+)*. *.3+23--
.,22),’+1 :% *1)/+*’/, A AM_U[ZMX <]UPIQ]_UOMX
?[S OTQOWQP Nd3 F; ),()/(+)*.
<*27
+.’+)
+.’-0
")’+0#
&+,’2)
&+-’*0
9 -29 .)
+.’+)+.’+)&+.’-0
FCG .)(**.YY+.’+)
+.’-0
IQ]d PQZ^Q S]Qd OXMdQd RUZQ _[ O[M]^Q F6A9’"J[[XbUOT ;[]YM_U[Z & ?MYUZM_QP 7QP^#
IQ]d PQZ^Q S]Qd ^UX_d RUZQ _[ O[M]^Q F6A9 bU_T ]M]Q *YY c +YY bTU_Q ^TQXXdR]MSYQZ_^’"J[[XbUOT ;[]YM_U[Z & ?MYUZM_QP 7QP^#
:c\X[]M_[]d T[XQ O[Y\XQ_Q M_ +.’-0 Y’
FTQQ_ / [R /
1HZL?PWL
58=0;
B0,*&%
&&$&’$’%&)(#’*T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’*/’*
*(.-%,#+) 4" &-%+*,#-’ = =H[PVUHS 6YPK&,$&’$’%&)
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6’%
%#%% &#’% 8? &&$&’$’%&) &&$&’$’%&) 9E 92@ =0 =0 7HUK BVVSZ&#’% ’*#%% 2? &&$&’$’%&) &,$&’$’%&) 9E 92@ =0 =0 3HUKV (%%%
%#%% %#(% 2VUJYL[L%#(% ’*#%% 1LU[VUP[L
&&$&’$’%&) (#&% ’#+% ’% (#%% =@&*$&’$’%&) +#(% (#%% ’% +#%% =@
’*%’%%&*%
+#%%’&#%%’*#%%
’*%’%%&*%
+#%%’&#%%’’#%%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
**(*+(+)*-,’+.W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+.3+2
.,21)0’/- 9% *1)/.0’1+ A AK]SYXKV ;[SN*0(*+(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;+)
*1’)) +)’)) 6OX]YXS]O \OKV’
**(*+(+)*- )0,) )’)) & AD E]K[] YP <YVO**(*+(+)*- *1)) ,’1) /’,) +’0) 9XN YP ERSP]*.(*+(+)*- )0,) -’)) /’,) +’.) E]K[] YP ERSP]*.(*+(+)*- *1)) *.’)) *.’)) *+’)) 9XN YP ERSP]
*’.) ECF A41 "+%+%*%,%+%+# 5D+) /* *’.) 8DJ,’)) ECF A4, "+%*%)%*%*%*# 5D+) /* ,’)) 8DJ/’)) ECF A42 ",%)%*%*%,%-# 5D+) /* /’)) .’+)0’.) ECF"7# A4*, "*%,%,%,%-%,# 5D+) /* 0’.) ,’.)2’)) ECF"7# A4** "*%,%,%+%,%,# 5D+) /* 2’)) ,’+)
*+’)) ECF A4++ "+%-%.%.%/%/# 5D+) /* **’)) /’+)*.’)) ECF A4+/ ",%-%/%0%/%0# 5D+) /* **’)) *+’))*1’)) ECF A4-+ "/%1%2%*)%*+%**# 5D+) /* **’)) *)’/)+*’)) ECF A4,- "-%/%/%0%*)%**# 5D+) /* +*’)) -’))+-’)) ECF A4-+ ".%/%1%2%*+%*,# 5D+) /* ++’)) ,’))
9P]N\T[^TZY ZQ F^\L^L ?PRPYO 9P[^S?P‘PW9L^_X FLX[WTYR
9P^LTW]>Y FT^_ GP]^ >Y]^LWW&
L^TZY
ABG:F3 6WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’FPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
=ZWP >9’
9P^LTW]
7WZa 8Z_Y^ 6YO
C\ZUPN^ AZ’
G8E F8E ED9
:X[WZcP\:YRTYPP\
8ZZ\OTYL^P]<\Z_YO ?P‘PW
:b[WZ\L^Z\c =ZWP ?ZRC\ZUPN^ ALXP
=ZWP Gc[P >YNWTYL^TZY
;Z\X AZ’ F>:JC=B?:?B< >]]_P’EP‘T]TZY AZ’ *’)/ >]]_P 9L^P +)()2(+)*, CL\^ ZQ ^SP 7LNSc FZWP^LYNSP <\Z_[
FLX[WP EPNZ‘P\c
;Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
9TL’"GSTNVYP]]#
;>A6?
>C$8C
G60.*)
,’+.X B9
FTW‘P\^ZaY G_YYPW
6^VTY] ?^O6^VTY] ?^O
?ZR C\TY^ 9L^P 6YO GTXP3 *1()/(+)*. *.3+.3,.
.,21)0’/- :% *1)/.0’1+ A AL^TZYLW <\TOIP\^TNLW
?ZR NSPNVPO Mc3 F; ),()/(+)*.
<+)
*)’))*)’*)
"/’2)#
&/’0/&/’1/
9 ,-
:F ,.
HG ,/7 ,1
9 ,0
7 ,2
9 -)9 -*
7 -+
9 -,
HG --7 -/
9 -.
7 -0
*)’))
*)’-)
*)’.)&*)’2.*)’.)&**’))
**’))
**’.)&*+’))
*+’))*+’))&*+’-.
*+’.)&*,’))
*,’))
*,’.)&*,’2.*,’.)&*-’))
*-’))
*-’.)&*.’))
*))
*))
-+ 7WZa]% *))! EPNZ‘P\c
,) 7WZa]% *))! EPNZ‘P\c
FCG A5++*+’))
*+’-.
@POT_X OPY]P M\ZaY ]LYOc ‘P\c NWLcPc ]_MLYR_WL\ ^Z ]_M\Z_YOPO QTYP ^ZNZL\]P <E6I:? ZQ QWTY^ LYO NSP\^’ FLYO T] QTYP ^Z NZL\]P’"ET‘P\ GP\\LNP 9P[Z]T^]#
F^TQQ QT]]_\PO ^STYWc WLXTYL^PO OL\V R\Pc ]WTRS^Wc ]LYOc ]TW^c 8?6K’;T]]_\P] L\P NWZ]PWc ][LNPO \LYOZXWc Z\TPY^L^PO’ FLYO T] QTYP ^Z NZL\]P’"?ZYOZY 8WLc ;Z\XL^TZY#
FSPP^ , ZQ .
9P]N\T[^TZY ZQ F^\L^L ?PRPYO 9P[^S?P‘PW9L^_X FLX[WTYR
9P^LTW]>Y FT^_ GP]^ >Y]^LWW&
L^TZY
ABG:F3 6WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’FPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
=ZWP >9’
9P^LTW]
7WZa 8Z_Y^ 6YO
C\ZUPN^ AZ’
G8E F8E ED9
:X[WZcP\:YRTYPP\
8ZZ\OTYL^P]<\Z_YO ?P‘PW
:b[WZ\L^Z\c =ZWP ?ZRC\ZUPN^ ALXP
=ZWP Gc[P >YNWTYL^TZY
;Z\X AZ’ F>:JC=B?:?B< >]]_P’EP‘T]TZY AZ’ *’)/ >]]_P 9L^P +)()2(+)*, CL\^ ZQ ^SP 7LNSc FZWP^LYNSP <\Z_[
FLX[WP EPNZ‘P\c
;Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
9TL’"GSTNVYP]]#
;>A6?
>C$8C
G60.*)
,’+.X B9
FTW‘P\^ZaY G_YYPW
6^VTY] ?^O6^VTY] ?^O
?ZR C\TY^ 9L^P 6YO GTXP3 *1()/(+)*. *.3+.3,/
.,21)0’/- :% *1)/.0’1+ A AL^TZYLW <\TOIP\^TNLW
?ZR NSPNVPO Mc3 F; ),()/(+)*.
<+)
*0’)) &*,’0/
9 -19 -2
7 .)
9 .*
HG .+7 .-
9 .,
7 ..
9 ./9 .0
7 .1
9 .2
HG /)
*.’))*.’))&*.’-.
*.’.)&*/’))
*/’))
*/’.)&*/’2.*/’.)&*0’))
*0’))
*0’.)&*1’))
*1’))*1’))&*1’-.
*1’.)&*2’))
*2’))
*2’.)&*2’2.
*))
*))
-0 7WZa]% 2,! EPNZ‘P\c
,/ 7WZa]% 2+! EPNZ‘P\c
FCG A5+/*.’))
FCG A5-+*1’))
*.’-.
*1’-.
F^TQQ QT]]_\PO ^STYWc WLXTYL^PO OL\V R\Pc ]WTRS^Wc ]LYOc ]TW^c 8?6K’;T]]_\P] L\P NWZ]PWc ][LNPO \LYOZXWc Z\TPY^L^PO’ FLYO T] QTYP ^Z NZL\]P’"?ZYOZY 8WLc ;Z\XL^TZY#
F^TQQ ^Z ‘P\c ]^TQQ QT]]_\PO OL\V R\Pc ]LYOc ]TW^c 8?6K’ ;T]]_\P] L\PNWZ]PWc ][LNPO \LYOZXWc Z\TPY^L^PO’ FLYO T] QTYP ^Z XPOT_X’"?ZYOZY 8WLc ;Z\XL^TZY#
FSPP^ - ZQ .
9P]N\T[^TZY ZQ F^\L^L ?PRPYO 9P[^S?P‘PW9L^_X FLX[WTYR
9P^LTW]>Y FT^_ GP]^ >Y]^LWW&
L^TZY
ABG:F3 6WW OP[^S] TY XP^\P]% LWW OTLXP^P\] TY XTWWTXP^\P]’FPP SPLOP\ ]SPP^ QZ\ OP^LTW] ZQ MZ\TYR%
=ZWP >9’
9P^LTW]
7WZa 8Z_Y^ 6YO
C\ZUPN^ AZ’
G8E F8E ED9
:X[WZcP\:YRTYPP\
8ZZ\OTYL^P]<\Z_YO ?P‘PW
:b[WZ\L^Z\c =ZWP ?ZRC\ZUPN^ ALXP
=ZWP Gc[P >YNWTYL^TZY
;Z\X AZ’ F>:JC=B?:?B< >]]_P’EP‘T]TZY AZ’ *’)/ >]]_P 9L^P +)()2(+)*, CL\^ ZQ ^SP 7LNSc FZWP^LYNSP <\Z_[
FLX[WP EPNZ‘P\c
;Z\ OP^LTW] ZQ LMM\P‘TL^TZY]% ]PP VPc[\ZR\P]] LYO aL^P\’
9TL’"GSTNVYP]]#
;>A6?
>C$8C
G60.*)
,’+.X B9
FTW‘P\^ZaY G_YYPW
6^VTY] ?^O6^VTY] ?^O
?ZR C\TY^ 9L^P 6YO GTXP3 *1()/(+)*. *.3+.3,1
.,21)0’/- :% *1)/.0’1+ A AL^TZYLW <\TOIP\^TNLW
?ZR NSPNVPO Mc3 F; ),()/(+)*.
<+)
"1’))#
9 /*7 /+
9 /,9 /-
7 /.
9 //
HG /0
9 /17 /2
9 0)9 0*
7 0+
+)’))+)’))&+)’.)
+*’))+*’))&+*’-.
+*’.)&++’))
++’))
++’.)&++’2.
+,’))+,’))&+,’.)
+-’))+-’))&+-’-.
+-’.)&+.’))
*)) -+ 7WZa]% *))! EPNZ‘P\c
FCG A5,-+*’))
FCG A5-++-’))
+*’-.
+-’-.
F^TQQ ^Z ‘P\c ]^TQQ QT]]_\PO OL\V R\Pc ]LYOc ]TW^c 8?6K’ ;T]]_\P] L\PNWZ]PWc ][LNPO \LYOZXWc Z\TPY^L^PO’ FLYO T] QTYP ^Z XPOT_X’"?ZYOZY 8WLc ;Z\XL^TZY#
:b[WZ\L^Z\c SZWP NZX[WP^P L^ +.’)) X’
FSPP^ . ZQ .
1HZL?PWL
58=0;
B0,*&%
&,$&&$’%&)(#*)T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’*/*&
*(.-&(#,) 4" &-%+’&#-) = =H[PVUHS 6YPK%*$&’$’%&)
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6’’
%#%% &#’% 8? &,$&&$’%&) &,$&&$’%&) 39$9: 87 1YLHRLY $ OHUK [VVSZ&#’% &%#%% 2? %)$&’$’%&) %*$&’$’%&) 30$31 9@ 3HUKV ’%%%
(#%% %’ A? &#%% (#%%-#*% %& A?84 -#%% .#%%
%’ %#%% &#%% *% ?SHPU%’ &#%% (#%% *% ASV[[LK%& %#%% -#*% &. ?SHPU
%#%% %#*% 2VUJYL[L%#*% &#%% 1LU[VUP[L&#%% (#%% 6YH]LS IHJRMPSS(#%% -#%% 1LU[VUP[L-#%% .#%% AHUK IHJRMPSS.#%% &%#%% 1LU[VUP[L
%*$&’$’%&) %-)* ,#&% *#*% * ,#%% =@%*$&’$’%&) %-)* ,#&% *#)* &% ,#%% =@%*$&’$’%&) %-)* ,#&% *#)* &* ,#%% =@%*$&’$’%&) %-)* ,#&% *#)% ’% ,#%% =@
’*% &%#%% ’*% &%#%%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
*0(**(+)*-,’.-W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+.3..
.,21*,’0- 9% *1)/+*’1- A AK]SYXKV ;[SN).(*+(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;++
*0(**(+)*- )0,) )’)) & AD E]K[] YP <YVO*0(**(+)*- *1)) *’+) & AD 9XN YP =C)-(*+(+)*- )0,) *’+) & AD E]K[] YP ERSP] ( 7C)-(*+(+)*- *1)) .’.) -’-) AD 9XN YP ERSP]).(*+(+)*- )0,) .’.) -’-) AD E]K[] YP ERSP]).(*+(+)*- *1)) *)’)) *)’)) -’)) 9XN YP ERSP] ( <YVO
*’.) ECF A4*, ",%*%+%+%-%.# 5D10 /) *’.) 8DJ,’)) ECF A40 "+%*%*%+%+%+# 5D10 /) ,’)) 8DJ/’)) ECF A4+ ")%)%*%)%)%*# 5D10 /) -’-) 8DJ0’.) ECF"7# A4** "+%+%,%+%,%,# 5D10 /) 0’.) .’2)2’)) ECF"7# A4*. ",%,%-%,%-%-# 5D10 /) 2’)) -’2)
8O\M[SZ]SYX YP E][K]K >OQOXN 8OZ]R>O_OV8K]^W EKWZVSXQ
8O]KSV\=X ES]^ FO\] =X\]KVV&
K]SYX
@AF9E3 5VV NOZ]R\ SX WO][O\% KVV NSKWO]O[\ SX WSVVSWO][O\’EOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ%
<YVO =8’
8O]KSV\
6VY‘ 7Y^X] 5XN
B[YTOM] @Y’
F7D E7D DC8
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN >O_OV
9aZVY[K]Y[b <YVO >YQB[YTOM] @KWO
<YVO FbZO =XMVSXK]SYX
:Y[W @Y’ E=9IB<A>9>A; =\\^O’DO_S\SYX @Y’ *’)/ =\\^O 8K]O +)()2(+)*, BK[] YP ]RO 6KMRb EYVO]KXMRO ;[Y^Z
EKWZVO DOMY_O[b
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UObZ[YQ[O\\ KXN ‘K]O[’
8SK’"FRSMUXO\\#
:=@5>
=B$7B
F50.*)
,’.-W A8
ESV_O[]Y‘X F^XXOV
5]USX\ >]N5]USX\ >]N
>YQ B[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+.3.0
.,21*,’0- 9% *1)/+*’1- @ @K]SYXKV ;[SNHO[]SMKV
>YQ MROMUON Lb3 E: ),()/(+)*.
;++
)’+.
*’+)
*’1.
,’-)
-’,)
")’+.#
")’2.#
")’/.#
"*’..#
")’2)#
,’+2
+’,-
*’/2
)’*-
&)’0/
9E *
6 +
9E ,6 -
8 .6 /9E 08 1
6 *)9E **8 2
8 *+6 *,9E *-
8 *.6 */9E *08 *1
8 *26 +)9E +*
8 ++6 +,9E +-
8 +.6 +/9E +0G +1
)’,)
)’.)
*’))*’))
*’.)*’.)*’.)*’.)&*’2.
+’))+’))+’))
+’.)+’.)+’.)
,’)),’)),’)),’))&,’-.
,’.),’.),’.)
-’))-’))-’))
-’.)-’.)-’.)-’.)&-’2. *)) 1 6VY‘\% *))! DOMY_O[b
EBF @4*,*’.)
EBF @40,’))
*’2.
,’-.
?589 ;DAG@83 E][YXQ Q[Ob MYXM[O]O ‘S]R -WW a .WW a *+WW NSKWO]O[ [OLK[’"<K[N\]KXNSXQ#
?589 ;DAG@83 6[Y‘X Q[K_OVVb PSXO ]Y MYK[\O \KXN’ >YMKVVb ‘S]R PSXO ]YWONS^W Q[K_OV \ScON ZYMUO]\ YP L[Y‘X \KXNb MVKb’ ;[K_OV \ScON P[KQWOX]\K[O KXQ^VK[ ]Y \^L[Y^XNON PSXO ]Y WONS^W [K[OVb MYK[\O YP L[SMU% MYXM[O]O%PVSX]% MVSXUO[ ‘S]R [K[O QVK\\% ZVK\]SM KXN MO[KWSM\% \ROVV\% XKSV\%Q[KXS]O% \VKQ’"?KNO ;[Y^XN#
K] )’,)W Y[KXQO WOWL[KXOLOVY‘ )’/)W \VSQR]Vb MVKbOb
K] )’2.W -)WW a -)WW LVKMU ZVK\]SM WO\R
K] *’*.W -)WW a -)WW LVKMU ZVK\]SM WO\R
?589 ;DAG@83 ?ONS^W NOX\O NK[U L[Y‘X \VSQR]Vb \KXNb MVKbOb \^LKXQ^VK[ ]Y\^L[Y^XNON PSXO ]Y MYK[\O Q[K_OV \ScON P[KQWOX]\ YP MRO[]% PVSX] KXNL[SMU’ EKXN \ScON P[KQWOX]\ K[O PSXO ]Y MYK[\O’"?KNO ;[Y^XN#
?589 ;DAG@83 >YY\O \VSQR]Vb \KXNb MVKbOb K\Rb \^LKXQ^VK[ ]Y \^L[Y^XNONPSXO ]Y MYK[\O Q[K_OV \ScON P[KQWOX]\ YP MRO[]% L[SMU [^LLVO KXN PVSX]’EKXN \ScON P[KQWOX]\ K[O PSXO ]Y MYK[\O’"?KNO ;[Y^XN#
:S[W NK[U L[Y‘XS\R Q[Ob \VSQR]Vb \KXNb \SV]b 7>5J’ EKXN S\ PSXO ]Y MYK[\O’"5VV^_S^W#
EYP] Q[Ob \VSQR]Vb \KXNb \SV]b 7>5J’ EKXN S\ PSXO’"5VV^_S^W#
EROO] * YP +
1GYK>OVK
58<0:
A0,*&%
&)$&&$’%&)(#+%S =3
@OR\KXZU]T A[TTKR
0ZQOTY :ZJ0ZQOTY :ZJ
:UM >XOTZ 3GZK 0TJ AOSK/ &-$%+$’%&* &*/’+/%*
*(.-(’#.- 4" &-%*--#,* < <GZOUTGR 6XOJ&,$&&$’%&)
:UM INKIQKJ H_/ @5 %($%+$’%&*
CKXZOIGR
6’(
%#%% &#’% 8> &)$&&$’%&) &)$&&$’%&) 62 ;6 <0 <0 7GTJ AUURY 8TYVKIZOUT VOZ/ 7GTJ J[M&#’% &%#)* 2> &)$&&$’%&) &-$&&$’%&) 62 ;6 <0 <0 3GTJU (%%%
%#%% %#*% 2UTIXKZK%#*% &%#%% 1KTZUTOZK
&,$&&$’%&) %-’% ’#%% &#-% * &#,% (#%%&,$&&$’%&) %-’% ’#%% &#,* &% &#,% (#%%&,$&&$’%&) %-’% ’#%% &#,% &* &#,% (#%%&,$&&$’%&) %-’% ’#%% &#++ ’% &#,% (#%%&,$&&$’%&) &&)* +#%% )#)% * (#%* <@&,$&&$’%&) &&)* +#%% )#)% &% (#%* <@&,$&&$’%&) &&)* +#%% )#)% &* (#%* <@&,$&&$’%&) &&)* +#%% )#)% ’% (#%* <@
’%%&*%
*#*%&%#%%
’%%&*%
(#%*&%#%%
>8>4 2=<@A?B2A8=<83
NNSSYY
1OZ2UXK 2UXK
1GXXKR @[VVUXZ:UMMKJ 1_
3OG#UL VOVK
!
?KSGXQY;GZKXOGRYKIZOUT
1GYK ULYKIZOUT
AUV UL102958:: 34A08:@
3[XGZOUTNNSS
@ZGXZ ZOSK
5R[YNIURU[X
ZGQKTLRU]
5UX JKZGORY UL GHHXK\OGZOUTY" YKK QK_
AUV 1GYKA_VK UL
VOVK3OYZGTIK
8<@A0::0A8=< 34A08:@
LXUS 6#:#83
>XUPKIZ <U#
>XUPKIZ <GSK
4SVRU_KX4TMOTKKX
2UUXJOTGZKY6XU[TJ :K\KR8TIROTGZOUT3GZK @ZGXZKJ 3GZK 2USVRKZKJ
7URK 83#4^VRUXGZUX_ 7URK :UM
201:4 >4?2B@@8=< 34A08:@
7=:4 380;4A4? $ 20@8<6
D0A4? @A?894@
?=A0?F 5:B@7 34A08:@
7GXJ @ZXGZG 3KVZNLXUS ZU
NNSS
7URKJOGSKZKX
3KVZN ULNURK
2GYOTMJOGSKZKX
3KVZN ULIGYOTM
3GZK AOSK @ZXOQK GZJKVZN JKVZN
?OYK ZU AOSKZU XOYK
2GYOTM JKVZNGZ YZXOQK
ZOSKZU YKGR
7KGJKX >GMK &
<=A4@/ 0RR JKVZNY OT SKZXKY"DGZKX YZXOQK XOYK ZOSK OT SOT[ZKY"
5XUSJKVZN
AUJKVZN
5R[YNZ_VK
5R[YNXKZ[XT
?KSGXQY2NOYKRROTM
5UXS <U# @84E>7=:473? >& 8YY[K#?K\OYOUT <U# &#%+ 8YY[K 3GZK %,$&%$’%&(
4W[OVSKTZAUV 1GYK A_VK 3GZK @ZGXZKJ 3GZK 4TJKJ 2XK] @KIZOUT @NUXOTM $ ?KSGXQY
GRR JOGSKZKXY OT SORROSKZXKY#NGXJ YZXGZG ZOSK OT NNSS
AUV 1GYK 3OGSKZKX AOSK ?KIU\KX_!
3F<0;82 @0;>:8<6
>GXZ UL ZNK 1GIN_ @URKZGTINK MXU[V
A_VK ?KYVUTYK ‘UTKAUV
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
*-(**(+)*-,’/)W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+/3)1
.,21,+’21 9% *1).11’0. A AK]SYXKV ;[SN*0(**(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;+,
-’.) .’.) 6OX]YXS]O \OKV’
*-(**(+)*- )0,) )’)) & AD E]K[] YP <YVO*-(**(+)*- *1)) *’0) *’/) 8DJ 9XN YP ERSP]*0(**(+)*- )0,) *’0) *’0) *’/. E]K[] YP ERSP]*0(**(+)*- *1)) *)’-. *)’)) -’)) 9XN YP ERSP]*1(**(+)*- )0,) *)’-. *)’)) AD E]K[] YP ERSP]*1(**(+)*- *1)) *)’-. & AD 9XN YP <YVO
*’+) ECF A4, "+%*%*%*%)%*# 5-2+ /* A(5 AD+’)) ECF ++(,))WW "*+%*,(-.%*/%-%*%*# 5-2+ /* *’0) *’/).’)) ECF A4. "+%*%+%*%*%*# 5-2+ /* ,’). AD/’.) ECF A4- "*%)%*%*%*%*# 5-2+ /* /’.) -’1)1’.) ECF"7# A4*/ "*%+%+%-%/%-# 5-2+ /* 1’.) -’0)
*)’)) ECF"7# A41 ",%-%,%+%+%*# 5-2+ /* 2’2) -’))
8O\M[SZ]SYX YP E][K]K >OQOXN 8OZ]R>O_OV8K]^W EKWZVSXQ
8O]KSV\=X ES]^ FO\] =X\]KVV&
K]SYX
@AF9E3 5VV NOZ]R\ SX WO][O\% KVV NSKWO]O[\ SX WSVVSWO][O\’EOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ%
<YVO =8’
8O]KSV\
6VY‘ 7Y^X] 5XN
B[YTOM] @Y’
F7D E7D DC8
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN >O_OV
9aZVY[K]Y[b <YVO >YQB[YTOM] @KWO
<YVO FbZO =XMVSXK]SYX
:Y[W @Y’ E=9IB<A>9>A; =\\^O’DO_S\SYX @Y’ *’)/ =\\^O 8K]O +)()2(+)*, BK[] YP ]RO 6KMRb EYVO]KXMRO ;[Y^Z
EKWZVO DOMY_O[b
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UObZ[YQ[O\\ KXN ‘K]O[’
8SK’"FRSMUXO\\#
:=@5>
=B$7B
F50.*)
,’/)W A8
ESV_O[]Y‘X F^XXOV
5]USX\ >]N5]USX\ >]N
>YQ B[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+/3*-
.,21,+’21 9% *1).11’0. @ @K]SYXKV ;[SNHO[]SMKV
>YQ MROMUON Lb3 E: ),()/(+)*.
;+,
*)’-. &/’1.
8 ,* *)’)) EBF"7# @41*)’)) *)’-.
?ONS^W NOX\O NK[U Q[Ob \VSQR]Vb MVKbOb \KXNb ]Y _O[b \KXNb \^LKXQ^VK[ ]Y\^L[Y^XNON PSXO ]Y MYK[\O ;D5H9> YP PVSX]’ EKXN S\ PSXO ]Y MYK[\O’"DS_O[ FO[[KMO 8OZY\S]\#
9aZVY[K]Y[b RYVO MYWZVO]O K] *)’-. W’
EROO] , YP ,
1HZL?PWL
58=0;
B0,*&%
&-$&&$’%&)*#--T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’+/’’
*)%%**#’- 4" &-%),)#&. = =H[PVUHS 6YPK&.$&&$’%&)
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6’*
%#%% &#’% 8? &-$&&$’%&) &-$&&$’%&) 31$9: 87 =0 =0 7HUK BVVSZ&#’% -#%% 2? &-$&&$’%&) &.$&&$’%&) 22$<; 87 =0 =0 3HUKV (%%%
%#%% %#*% 2VUJYL[L%#*% -#%% 1LU[VUP[L
&.$&&$’%&) %-(* (#)% ’#,% * (#%% =@&.$&&$’%&) %-(* (#)% ’#,% &% (#%% =@&.$&&$’%&) %-(* (#)% ’#,% &* (#%% =@&.$&&$’%&) %-(* (#)% ’#,% ’% (#%% =@
’%% -#%% ’%% -#%%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
6Y[ORYVO ]O[WSXK]ON YX SX\][^M]SYX K] 1’))W N^O ]Y K NS\Z^]O Y_O[VKXN Y‘XO[\RSZ’
*’
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
*1(**(+)*-.’11W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+/3+.
.-))..’+1 9% *1)-0-’*2 A AK]SYXKV ;[SN*2(**(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;+.
*1(**(+)*- )0,) )’)) & AD E]K[] YP <YVO*1(**(+)*- *1)) ,’)) ,’)) 8DJ 9XN YP ERSP]*2(**(+)*- )0,) ,’)) ,’)) +’0) E]K[] YP ERSP]*2(**(+)*- *1)) 1’)) 1’)) 0’1) 9XN YP <YVO
*’.) ECF A4*+ "*%*%*%*%+%1# 5D12 /0 *’.) 8DJ+’.) ECF A42 "+%+%,%,%+%*# 5D12 /0 +’.) 8DJ,’.) ECF A4) "*%)%)%)%)%)# 5D12 /0 ,’.) ,’*)-’.) ECF"7# A4+ ")%*%)%*%)%*# 5D12 /0 -’.) -’)).’.) ECF A4*+ "+%+%*%+%-%.# 5D12 /0 .’.) .’+)/’.) ECF A4. "*%)%*%*%+%*# 5D12 /0 /’.) /’*)0’.) ECF A4*0 "+%+%,%-%/%-# 5D12 /0 0’.) 0’))
7N[LZRY\RXW XO D\ZJ\J =NPNWM 7NY\Q=N^NU7J\]V DJVYURWP
7N\JRU[<W DR\] EN[\ <W[\JUU%
J\RXW
?@E8D2 4UU MNY\Q[ RW VN\ZN[$ JUU MRJVN\NZ[ RW VRUURVN\ZN[&DNN QNJMNZ [QNN\ OXZ MN\JRU[ XO KXZRWP$
;XUN <7&
7N\JRU[
5UX_ 6X]W\ 4WM
AZXSNL\ ?X&
E6C D6C CB7
8VYUXaNZ8WPRWNNZ
6XXZMRWJ\N[:ZX]WM =N^NU
8‘YUXZJ\XZa ;XUN =XPAZXSNL\ ?JVN
;XUN EaYN <WLURWJ\RXW
9XZV ?X& D<8IA;@=8=@: <[[]N&CN^R[RXW ?X& )&(. <[[]N 7J\N *(’(1’*()+ AJZ\ XO \QN 5JLQa DXUN\JWLQN :ZX]Y
DJVYUN CNLX^NZa
9XZ MN\JRU[ XO JKKZN^RJ\RXW[$ [NN TNaYZXPZN[[ JWM _J\NZ&
7RJ&!EQRLTWN[["
9<?4=
<A#6A
E4/-)(
-&00V @7
DRU^NZ\X_W E]WWNU
4\TRW[ =\M4\TRW[ =\M
=XP AZRW\ 7J\N 4WM ERVN2 )0’(.’*()- )-2*.2+)
-,((--&*0 8$ )0(,/,&)1 ? ?J\RXWJU :ZRMGNZ\RLJU
=XP LQNLTNM Ka2 D9 (+’(.’*()-
:*-
0&(( %*&)*
7 )/8D )0
7 )15 *(
8D *)7 **
7 *+5 *,
8D *-7 *.
5 */
7 *0
-&((-&((
-&-(-&-(%.&((
.&((
.&((
.&-(
.&-(%/&((
/&((/&((
/&-(%0&((
0&((
DAE ?3)*-&-(
DAE ?3-.&-(
DAE ?3)//&-(
-&1-
.&1-
/&1-
>478 :C@F?72 =XLJUUa UXX[N$ VNMR]V MNW[N PZNaR[Q KZX_W UXLJUUa PZNa$ MJZTPZNa JWM KUJLT [URPQ\Ua [JWMa [URPQ\Ua PZJ^NUUa \X PZJ^NUUa UXLJUUa [RU\aLUJa& :ZJ^NU [RbNM OZJPVNW\[ JZN JWP]UJZ \X []KJWP]UJZ XLLJ[RXWJUUa[]KZX]WMNM JWM ZX]WMNM ORWN \X LXJZ[N XO KZRLT$ OURW\$ LXWLZN\N$ \RUN$LNZJVRL[$ [JWM[\XWN$ PZJWR\N$ LURWTNZ$ [UJP JWM ZJZN OZJPVNW\[ XO _XXM$VN\JU JWM PUJ[[& HR\Q RWMR[\RWL\ YXLTN\[ XO PZNa JWM KUJLT XZPJWRL LUJa[RU\& DJWM [RbNM OZJPVNW\[ JZN ORWN \X LXJZ[N&!>JMN :ZX]WM"
KNUX_ /&((V LUJaNa [URPQ\Ua [JWMa PZJ^NU
8‘YUXZJ\XZa QXUN LXVYUN\N J\ 0&(( V&
DQNN\ * XO *
1GYK>OVK
58<0:
A0,*&%
&.$&&$’%&)+#%&S =3
@OR\KXZU]T A[TTKR
0ZQOTY :ZJ0ZQOTY :ZJ
:UM >XOTZ 3GZK 0TJ AOSK/ &-$%+$’%&* &*/’+/(,
*)%%)*#)) 4" &-%),)#,& < <GZOUTGR 6XOJ’&$&&$’%&)
:UM INKIQKJ H_/ @5 %($%+$’%&*
CKXZOIGR
6’*0
%#%% &#’% 8> &.$&&$’%&) ’%$&&$’%&) 22$;: 87 <0 <0 7GTJ AUURY&#’% &%#%% 2> ’%$&&$’%&) ’&$&&$’%&) 22$;: 87 <0 <0 3GTJU (%%%
.#’% %& @> &#*% .#%% %& %#%% &#*% *% >RGOT%& &#*% .#%% *% @RUZZKJ
%#%% %#&* 2UTIXKZK%#&* &#(% 1KTZUTOZK&#(% .#’% 6XG\KR HGIQLORR.#’% &%#%% 0XOYOTMY
’%% &%#%% ’%% .#’%
>8>4 2=<@A?B2A8=<83
NNSSYY
1OZ2UXK 2UXK
1GXXKR @[VVUXZ:UMMKJ 1_
3OG#UL VOVK
!
?KSGXQY;GZKXOGRYKIZOUT
1GYK ULYKIZOUT
AUV UL102958:: 34A08:@
3[XGZOUTNNSS
@ZGXZ ZOSK
5R[YNIURU[X
ZGQKTLRU]
5UX JKZGORY UL GHHXK\OGZOUTY" YKK QK_
AUV 1GYKA_VK UL
VOVK3OYZGTIK
8<@A0::0A8=< 34A08:@
LXUS 6#:#83
>XUPKIZ <U#
>XUPKIZ <GSK
4SVRU_KX4TMOTKKX
2UUXJOTGZKY6XU[TJ :K\KR8TIROTGZOUT3GZK @ZGXZKJ 3GZK 2USVRKZKJ
7URK 83#4^VRUXGZUX_ 7URK :UM
201:4 >4?2B@@8=< 34A08:@
7=:4 380;4A4? $ 20@8<6
D0A4? @A?894@
?=A0?F 5:B@7 34A08:@
7GXJ @ZXGZG 3KVZNLXUS ZU
NNSS
7URKJOGSKZKX
3KVZN ULNURK
2GYOTMJOGSKZKX
3KVZN ULIGYOTM
3GZK AOSK @ZXOQK GZJKVZN JKVZN
?OYK ZU AOSKZU XOYK
2GYOTM JKVZNGZ YZXOQK
ZOSKZU YKGR
7KGJKX >GMK &
<=A4@/ 0RR JKVZNY OT SKZXKY"DGZKX YZXOQK XOYK ZOSK OT SOT[ZKY"
5XUSJKVZN
AUJKVZN
5R[YNZ_VK
5R[YNXKZ[XT
?KSGXQY2NOYKRROTM
5UXS <U# @84E>7=:473? >& 8YY[K#?K\OYOUT <U# &#%+ 8YY[K 3GZK %,$&%$’%&(
4W[OVSKTZAUV 1GYK A_VK 3GZK @ZGXZKJ 3GZK 4TJKJ 2XK] @KIZOUT @NUXOTM $ ?KSGXQY
GRR JOGSKZKXY OT SORROSKZXKY#NGXJ YZXGZG ZOSK OT NNSS
AUV 1GYK 3OGSKZKX AOSK ?KIU\KX_!
3F<0;82 @0;>:8<6
>GXZ UL ZNK 1GIN_ @URKZGTINK MXU[V
A_VK ?KYVUTYK ‘UTKAUV
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
*2(**(+)*-/’)*W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+/3-*
.-))-.’-- 9% *1)-0-’0* A AK]SYXKV ;[SN+*(**(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;+.5
*2(**(+)*- )0,) )’)) & AD E]K[] YP <YVO*2(**(+)*- *1)) )’1. & 8DJ 9XN YP ERSP]+)(**(+)*- )0,) )’1. & 8DJ E]K[] YP ERSP]+)(**(+)*- *1)) *)’)) 2’+) 8DJ 9XN YP 7C+*(**(+)*- )0,) *)’)) 2’+) 8DJ E]K[] YP =X\]KVVK]SYX+*(**(+)*- *1)) *)’)) & 8DJ 9XN YP <YVO
*’.) ECF A4+) "+%-%-%.%.%/# 5D12 /0 *’.) 8DJ+’.) ECF A4*/ "+%+%-%-%,%.# 5D12 /0 +’.) 8DJ,’.) ECF A4-+ "/%/%1%1%**%*.# 5D12 /0 ,’.) 8DJ-’.) ECF A41 "*%*%+%+%*%,# 5D12 /0 -’.) 8DJ.’.) ECF"7# A4*. "+%*%+%,%.%.# 5D12 /0 .’.) 8DJ/’.) ECF"7# A42 "+%+%,%,%+%*# 5D12 /0 /’.) 8DJ0’.) ECF"7# A4+) "*%*%+%.%/%0# 5D12 /0 0’.) 8DJ1’.) ECF"7# A40 "+%,%,%+%*%*# 5D12 /0 1’.) 8DJ2’.) ECF"7# A4. "*%*%*%*%+%*# 5D12 /0 2’+) 8DJ
7MZKYQX[QWV WN D[YI[I =MOMVL 7MX[P=M]MT7I[\U DIUXTQVO
7M[IQTZ<V DQ[\ EMZ[ <VZ[ITT%
I[QWV
?@E8D2 4TT LMX[PZ QV UM[YMZ$ ITT LQIUM[MYZ QV UQTTQUM[YMZ&DMM PMILMY ZPMM[ NWY LM[IQTZ WN JWYQVO$
;WTM <7&
7M[IQTZ
5TW^ 6W\V[ 4VL
AYWRMK[ ?W&
E6C D6C CB7
8UXTW‘MY8VOQVMMY
6WWYLQVI[MZ:YW\VL =M]MT
8_XTWYI[WY‘ ;WTM =WOAYWRMK[ ?IUM
;WTM E‘XM <VKTQVI[QWV
9WYU ?W& D<8HA;@=8=@: <ZZ\M&CM]QZQWV ?W& )&(. <ZZ\M 7I[M *(’(1’*()+ AIY[ WN [PM 5IKP‘ DWTM[IVKPM :YW\X
DIUXTM CMKW]MY‘
9WY LM[IQTZ WN IJJYM]QI[QWVZ$ ZMM SM‘XYWOYMZZ IVL ^I[MY&
7QI&!EPQKSVMZZ"
9<?4=
<A#6A
E4/-)(
.&()U @7
DQT]MY[W^V E\VVMT
4[SQVZ =[L4[SQVZ =[L
=WO AYQV[ 7I[M 4VL EQUM2 )0’(.’*()- )-2*.2,,
-,((,-&,, 8$ )0(,/,&/) ? ?I[QWVIT :YQLGMY[QKIT
=WO KPMKSML J‘2 D9 (+’(.’*()-
:*-4
(&)(
(&0(
)&*(
+&((
!(&/("
!(&,("
!)&0("
-&1)
-&*)
,&0)
+&()
8D )5 *
8D +5 ,
8D -5 .
7 /5 0
8D )(7 1
7 ))5 )*
8D )+7 ),
7 )-5 ).
8D )/
7 )05 )1
(&+((&+(
(&-((&-(
)&(()&((
)&-()&-(%*&((
*&((*&((
*&-(*&-(%+&((
+&((+&((
+&-(+&-(%+&0(
,&((
,&-(,&-(%-&((
DAE ?3*()&-(
DAE ?3).*&-(
DAE ?3,*+&-(
DAE ?30,&-(
)&1-
*&1-
+&1-
,&1-
>478 :C@F?72 =QOP[ JYW^V Z\JIVO\TIY UMLQ\U OYI]MT WN NTQV[ W]MY TQOP[JYW^V NQVM [W KWIYZM ZIVL&!>ILM :YW\VL"
>478 :C@F?72 :YM‘ ZIVL‘ [W ]MY‘ ZIVL‘ IVO\TIY [W Z\JIVO\TIY UMLQ\U [WKWIYZM OYI]MT WN NTQV[ IVL WKKIZQWVIT JYQKS& DIVL ZQaML NYIOUMV[Z IYM NQVM[W KWIYZM& =WKITT‘ KTI‘M‘&!>ILM :YW\VL"
>478 :C@F?72 5YW^V IVL OYM‘ ZTQOP[T‘ KTI‘M‘ ZIVL‘ IVO\TIY [W Z\JYW\VLMLNQVM [W KWIYZM OYI]MT ZQaM NYIOUMV[Z WN NTQV[$ JYQKS IVL KWVKYM[M& CIYMZ\JIVO\TIY KWJJTM ZQaML NYIOUMV[Z WN ZIVLZ[WVM& DIVL ZQaML NYIOUMV[Z IYMNQVM [W KWIYZM&!>ILM :YW\VL"
>478 :C@F?72 >MLQ\U LMVZM TQOP[ JYW^V OYI]MTT‘ KTI‘M‘ NQVM [W KWIYZM ZIVL&:YI]MT ZQaML NYIOUMV[Z IYM IVO\TIY [W YW\VLML NQVM [W KWIYZM WN JYQKS$KWVKYM[M$ NTQV[$ [QTM$ OYIVQ[M$ ZIVLZ[WVM ^Q[P WKKIZQWVIT KMYIUQKZ IVLYIYM OTIZZ$ ^WWL IVL UM[IT&!>ILM :YW\VL"
>478 :C@F?72 =WWZM IVL UMLQ\U LMVZM OYM‘QZP JYW^V TWKITT‘ OYM‘$ LIYS OYM‘IVL JTIKS ZTQOP[T‘ ZIVL‘ ZTQOP[T‘ OYI]MTT‘ [W OYI]MTT‘ TWKITT‘ ZQT[‘ KTI‘&:YI]MT ZQaML NYIOUMV[Z IYM IVO\TIY [W Z\JIVO\TIY WKKIZQWVITT‘ IVO\TIY [WYW\VLML NQVM [W KWIYZM WN JYQKS$ NTQV[$ KWVKYM[M IVL WKKIZQWVIT [QTM$KMYIUQKZ$ ^WWL$ UM[IT$ OTIZZ$ XTIZ[QK$ KTQVSMY IVL OYIVQ[M& =WKITT‘ ^Q[PQVLQZ[QVK[ XWKSM[Z WN OYM‘ Z[IQVML JTIKS WYOIVQK KTI‘M‘ ZQT[& DIVL ZQaMLNYIOUMV[Z IYM NQVM [W KWIYZM&!>ILM :YW\VL"
DPMM[ ) WN *
7MZKYQX[QWV WN D[YI[I =MOMVL 7MX[P=M]MT7I[\U DIUXTQVO
7M[IQTZ<V DQ[\ EMZ[ <VZ[ITT%
I[QWV
?@E8D2 4TT LMX[PZ QV UM[YMZ$ ITT LQIUM[MYZ QV UQTTQUM[YMZ&DMM PMILMY ZPMM[ NWY LM[IQTZ WN JWYQVO$
;WTM <7&
7M[IQTZ
5TW^ 6W\V[ 4VL
AYWRMK[ ?W&
E6C D6C CB7
8UXTW‘MY8VOQVMMY
6WWYLQVI[MZ:YW\VL =M]MT
8_XTWYI[WY‘ ;WTM =WOAYWRMK[ ?IUM
;WTM E‘XM <VKTQVI[QWV
9WYU ?W& D<8HA;@=8=@: <ZZ\M&CM]QZQWV ?W& )&(. <ZZ\M 7I[M *(’(1’*()+ AIY[ WN [PM 5IKP‘ DWTM[IVKPM :YW\X
DIUXTM CMKW]MY‘
9WY LM[IQTZ WN IJJYM]QI[QWVZ$ ZMM SM‘XYWOYMZZ IVL ^I[MY&
7QI&!EPQKSVMZZ"
9<?4=
<A#6A
E4/-)(
.&()U @7
DQT]MY[W^V E\VVMT
4[SQVZ =[L4[SQVZ =[L
=WO AYQV[ 7I[M 4VL EQUM2 )0’(.’*()- )-2*.2,.
-,((,-&,, 8$ )0(,/,&/) ? ?I[QWVIT :YQLGMY[QKIT
=WO KPMKSML J‘2 D9 (+’(.’*()-
:*-4
!/&(("
8D *(
7 *)5 **
8D *+
7 *,5 *-
8D *.
7 */5 *0
8D *1
7 +(5 +)
8D +*
7 ++5 +,
-&((
-&-(-&-(%.&((
.&((
.&-(
.&-(%/&((
/&((
/&-(/&-(%0&((
0&((
0&-(0&-(%1&((
1&((
1&-(1&-(%)(&((
DAE!6" ?3)--&-(
DAE!6" ?31.&-(
DAE!6" ?3*(/&-(
DAE!6" ?3/0&-(
DAE!6" ?3-1&-(
-&1-
.&1-
/&1-
0&1-
1&1-
>478 :C@F?72 =WWZM IVL UMLQ\U LMVZM OYM‘QZP JYW^V TWKITT‘ OYM‘$ LIYS OYM‘IVL JTIKS ZTQOP[T‘ ZIVL‘ ZTQOP[T‘ OYI]MTT‘ [W OYI]MTT‘ TWKITT‘ ZQT[‘ KTI‘&:YI]MT ZQaML NYIOUMV[Z IYM IVO\TIY [W Z\JIVO\TIY WKKIZQWVITT‘ IVO\TIY [WYW\VLML NQVM [W KWIYZM WN JYQKS$ NTQV[$ KWVKYM[M IVL WKKIZQWVIT [QTM$KMYIUQKZ$ ^WWL$ UM[IT$ OTIZZ$ XTIZ[QK$ KTQVSMY IVL OYIVQ[M& =WKITT‘ ^Q[PQVLQZ[QVK[ XWKSM[Z WN OYM‘ Z[IQVML JTIKS WYOIVQK KTI‘M‘ ZQT[& DIVL ZQaMLNYIOUMV[Z IYM NQVM [W KWIYZM&!>ILM :YW\VL"
JMTW^ 1&((U ^Q[P JTIKS Z[IQVQVO IVL JQ[\UQVW\Z WLW\Y
8_XTWYI[WY‘ PWTM KWUXTM[M I[ )(&(( U&
DPMM[ * WN *
1HZL?PWL
58=0;
B0,*&%
&,$&’$’%&)’#(+T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’+/*(
*(..)-#)* 4" &-%(-*#.* = =H[PVUHS 6YPK&-$&’$’%&)
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6’+
%#%% &#’% 8? &,$&’$’%&) &,$&’$’%&) 30$92 92@ =0 =0 7HUK BVVSZ EP[O O‘KYH\SPJ IYLHRLY&#’% &%#%% 2? &,$&’$’%&) &-$&’$’%&) 30$92 92@ =0 =0 3HUKV ’%%%
%#%% %#(% 2VUJYL[L%#(% &%#%% 1LU[VUP[L 1LU[VUP[L$JLTLU[ WLSSL[Z
&,$&’$’%&) %.)% &#%% %#.- * %#%% &#(%&,$&’$’%&) %.)% &#%% %#.+ &% &#(% =@&,$&’$’%&) %.)% &#%% %#.( &* &#(% =@&,$&’$’%&) %.)% &#%% %#.& ’% &#(% =@&,$&’$’%&) &*)* *#%% ’#.% * )#,% =A&,$&’$’%&) &*)* *#%% (#-) &% )#,% =A&,$&’$’%&) &*)* *#%% (#-, &* )#,% =A&,$&’$’%&) &*)* *#%% (#-+ ’% )#,% =A&-$&’$’%&) &%(% -#*% ’#&% * -#%% =A&-$&’$’%&) &%(% -#*% ’#%+ &% -#%% =A
&*% &%#%% &*% &%#%%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
MNY\Q!
CZXSNL\ AX’
CZXSNL\ AJVN
9VYUXaNZ9WPRWNNZ
7XXZMRWJ\N[;ZX]WM ?N^NU=WLURWJ\RXW8J\N E\JZ\NM 8J\N 7XVYUN\NM
<XUN =8’9‘YUXZJ\XZa <XUN ?XP
ECF 89F5=?ECDB;D9EEDNVJZT[8J\N FRVN <XUN
MNY\Q MNY\Q7J[RWP HJ\NZ
MNY\Q8NY\Q FaYN =WLZNVNW\JU KUX_ LX]W\ (
<NJMNZ CJPN +
ABF9E3 5UU MNY\Q[ RW VN\ZN[%
$ ENJ\RWP KUX_[ XWUa’
7J[RWP HJ\NZMNY\Q
:XZV AX’ E=9IC<B?9<8D C+ =[[]N’DN^R[RXW AX’ *’)/ =[[]N 8J\N *+(),(+)*-
JUU MRJVN\NZ[ RW VRUURVN\ZN[’
9WNZPaZJ\RXYNWN\ZJ\RXW RW VV
<JVVNZAX’
CJZ\ XO \QN 6JLQa EXUN\JWLQN PZX]Y
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFXY
8NY\Q6J[N
8NY\QDNVJZT[
:=A5?
:XZ MN\JRU[ XO JKKZN^RJ\RXW[% [NN TNa
F50.*)
*0(*+(+)*-+’,/V B8
ERU^NZ\X_W F]WWNU
5\TRW[ ?\M5\TRW[ ?\M
?XP CZRW\ 8J\N 5WM FRVN3 *1()/(+)*. *.3+/3.0
.,22-1’-. 9% *1),1.’2. A AJ\RXWJU ;ZRM*1(*+(+)*-
?XP LQNLTNM Ka3 E: ),()/(+)*.
GNZ\RLJU
;+/
*0(*+(+)*- )2)) )’)) & AD E\JZ\ MRPPRWP =C*0(*+(+)*- *1)) /’-. .’0) +’,) 9WM XO EQRO\*1(*+(+)*- )0,) /’-. .’0) +’*) E\JZ\ XO EQRO\*1(*+(+)*- *1)) *)’)) *)’)) +’,) 9WM XO <XUN
*’.) ECF"7# A4* "*%)%)%*%)%)# 5D10 /) *’.) *’,),’)) ECF A4, "*%)%*%*%)%*# 5D10 /) +’.) +’2.-’.) ECF A4, "*%)%*%*%)%*# 5D10 /) ,’.) -’))/’)) ECF A4* ")%*%)%*%)%)# 5D10 /) .’)) +’.)0’.) ECF A4* ")%*%)%)%*%)# 5D10 /) /’.) -’1)2’)) ECF"7# A4+* ".%.%.%/%.%.# 5D10 /) 2’)) +’+)
1HZL?PWL
58=0;
B0,*&%
&+$&’$’%&)*#((T >3
APS]LY[V^U B\UULS
0[RPUZ ;[K0[RPUZ ;[K
;VN ?YPU[ 3H[L 0UK BPTL/ &-$%+$’%&* &*/’,/&’
*(.-,,#,+ 4" &-%)(*#-. = =H[PVUHS 6YPK&-$&’$’%&)
;VN JOLJRLK I‘/ A5 %($%+$’%&*
DLY[PJHS
6’,0
%#%% &#’% 8? &+$&’$’%&) &+$&’$’%&) 22$4; 9@2 =0 =0 7HUK BVVSZ&#’% &%#%% 2? &,$&’$’%&) &-$&’$’%&) 22$4; 9@2 =0 =0 3HUKV (%%%
&#*% &#,% %-’* %%)% 1YLHRPUN [OYV\NO THKL NYV\UK
%#%% %#*% 2VUJYL[L%#*% &%#%% 1LU[VUP[L 1LU[VUP[L$JLTLU[ WLSSL[Z
&*% &%#%% &*% &%#%%
?8?4 2>=AB@C2B8>=83
OOTTZZ
1P[2VYL 2VYL
1HYYLS A\WWVY[;VNNLK 1‘
3PH#VM WPWL
!
@LTHYRZ<H[LYPHSZLJ[PVU
1HZL VMZLJ[PVU
BVW VM102:58;; 34B08;A
3\YH[PVUOOTT
A[HY[ [PTL
5S\ZOJVSV\Y
[HRLUMSV^
5VY KL[HPSZ VM HIIYL]PH[PVUZ" ZLL RL‘
BVW 1HZLB‘WL VM
WPWL3PZ[HUJL
8=AB0;;0B8>= 34B08;A
MYVT 6#;#83
?YVQLJ[ =V#
?YVQLJ[ =HTL
4TWSV‘LY4UNPULLY
2VVYKPUH[LZ6YV\UK ;L]LS8UJSPUH[PVU3H[L A[HY[LK 3H[L 2VTWSL[LK
7VSL 83#4_WSVYH[VY‘ 7VSL ;VN
201;4 ?4@2CAA8>= 34B08;A
7>;4 380<4B4@ $ 20A8=6
E0B4@ AB@8:4A
@>B0@G 5;CA7 34B08;A
7HYK A[YH[H 3LW[OMYVT [V
OOTT
7VSLKPHTL[LY
3LW[O VMOVSL
2HZPUNKPHTL[LY
3LW[O VMJHZPUN
3H[L BPTL A[YPRL H[KLW[O KLW[O
@PZL [V BPTL[V YPZL
2HZPUN KLW[OH[ Z[YPRL
[PTL[V ZLHS
7LHKLY ?HNL &
=>B4A/ 0SS KLW[OZ PU TL[YLZ"EH[LY Z[YPRL YPZL [PTL PU TPU\[LZ"
5YVTKLW[O
BVKLW[O
5S\ZO[‘WL
5S\ZOYL[\YU
@LTHYRZ2OPZLSSPUN
5VYT =V# A84F?7>;473@ ?& 8ZZ\L#@L]PZPVU =V# &#%+ 8ZZ\L 3H[L %,$&%$’%&(
4X\PWTLU[BVW 1HZL B‘WL 3H[L A[HY[LK 3H[L 4UKLK 2YL^ ALJ[PVU AOVYPUN $ @LTHYRZ
HSS KPHTL[LYZ PU TPSSPTL[YLZ#OHYK Z[YH[H [PTL PU OOTT
BVW 1HZL 3PHTL[LY BPTL @LJV]LY‘!
3G=0<82 A0<?;8=6
?HY[ VM [OL 1HJO‘ AVSL[HUJOL NYV\W
B‘WL @LZWVUZL aVULBVW
NOZ]R!
C[YTOM] AY’
C[YTOM] AKWO
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN ?O_OV=XMVSXK]SYX8K]O E]K[]ON 8K]O 7YWZVO]ON
<YVO =8’9aZVY[K]Y[b <YVO ?YQ
ECF 89F5=?ECDB;D9EEDOWK[U\8K]O FSWO <YVO
NOZ]R NOZ]R7K\SXQ HK]O[
NOZ]R8OZ]R FbZO =XM[OWOX]KV LVY‘ MY^X] (
<OKNO[ CKQO +
ABF9E3 5VV NOZ]R\ SX WO][O\%
$ EOK]SXQ LVY‘\ YXVb’
7K\SXQ HK]O[NOZ]R
:Y[W AY’ E=9IC<B?9<8D C+ =\\^O’DO_S\SYX AY’ *’)/ =\\^O 8K]O *+(),(+)*-
KVV NSKWO]O[\ SX WSVVSWO][O\’
9XO[Qb[K]SYZOXO][K]SYX SX WW
<KWWO[AY’
CK[] YP ]RO 6KMRb EYVO]KXMRO Q[Y^Z
;9A9D5? ABF9E
89CF< D9?5F98 D9@5D>EFYZ
8OZ]R6K\O
8OZ]RDOWK[U\
:=A5?
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UOb
F50.*)
*/(*+(+)*-.’,,W B8
ESV_O[]Y‘X F^XXOV
5]USX\ ?]N5]USX\ ?]N
?YQ C[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+03*.
.,2100’0/ 9% *1)-,.’12 A AK]SYXKV ;[SN*1(*+(+)*-
?YQ MROMUON Lb3 E: ),()/(+)*.
GO[]SMKV
;+05
*’+) 1’0) HK]O[ KNNON ]Y K\\S\] LY[SXQ’
*/(*+(+)*- *1)) *’+) & 8DJ =C MYWZVO]O \O] ^Z [SQ*0(*+(+)*- )0,) *’+) & )’1) 7YWWOXMO 7C LY[SXQ*0(*+(+)*- *1)) *)’)) *)’)) /’)) 9XN YP <YVO*1(*+(+)*- )1)) *)’)) *)’)) AD 7YWWOXMO Z^VVSXQ MK\SXQ
*’.) ECF"7# .)(+)WW "+.(*)%.)(+)# 5D12 /0 *’.) )’1)+’.) ECF"7# A42 "+%*%*%+%,%,# 5D12 /0 +’.) +’))-’)) ECF"7# A4*0 ",%-%-%.%-%-# 5D12 /0 -’)) ,’)).’.) ECF"7# A4*2 "+%-%-%.%.%.# 5D12 /0 .’.) .’))1’)) ECF A4*2 "+%,%-%-%.%/# 5D12 /0 1’)) 0’/)2’)) ECF"7# A4+, ",%.%.%/%-%1# 5D12 /0 2’)) .’1)
8O\M[SZ]SYX YP E][K]K >OQOXN 8OZ]R>O_OV8K]^W EKWZVSXQ
8O]KSV\=X ES]^ FO\] =X\]KVV&
K]SYX
@AF9E3 5VV NOZ]R\ SX WO][O\% KVV NSKWO]O[\ SX WSVVSWO][O\’EOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ%
<YVO =8’
8O]KSV\
6VY‘ 7Y^X] 5XN
B[YTOM] @Y’
F7D E7D DC8
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN >O_OV
9aZVY[K]Y[b <YVO >YQB[YTOM] @KWO
<YVO FbZO =XMVSXK]SYX
:Y[W @Y’ E=9IB<A>9>A; =\\^O’DO_S\SYX @Y’ *’)/ =\\^O 8K]O +)()2(+)*, BK[] YP ]RO 6KMRb EYVO]KXMRO ;[Y^Z
EKWZVO DOMY_O[b
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UObZ[YQ[O\\ KXN ‘K]O[’
8SK’"FRSMUXO\\#
:=@5>
=B$7B
F50.*)
.’,,W A8
ESV_O[]Y‘X F^XXOV
5]USX\ >]N5]USX\ >]N
>YQ B[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+03*2
.,2100’0/ 9% *1)-,.’12 @ @K]SYXKV ;[SNHO[]SMKV
>YQ MROMUON Lb3 E: ),()/(+)*.
;+05
)’*.
*’))
+’.)
,’2)
")’1.#
"*’.)#
"*’-)#
"*’1)#
.’*1
-’,,
+’1,
*’-,
8 *
9E +6 ,
9E -6 .
9E /6 0
6 18 2
8 *)6 **9E *+
8 *,6 *-
9E *.8 */6 *0
GF:8 *16 *2
8 +)9E +*6 ++
6 +,8 +-
)’+)
)’,))’,)
)’.))’.)
*’))*’))
*’.)*’.)
+’))+’))+’))
+’.)+’.)
,’)),’)),’))
,’.)&-’)),’.),’.)
-’))-’))-’))
-’.)-’.)
*)) +/ 6VY‘\% )! DOMY_O[b
EBF"7# .)(+)WW*’.)
EBF"7# @42+’.)
EBF"7# @4*0-’))
*’.,
+’2.
-’-.
?589 ;DAG@83 7YXM[O]O’"<K[N\]KXNSXQ#
?589 ;DAG@83 8K[U L[Y‘X \KXNb \VSQR]Vb MVKbOb \^LKXQ^VK[ ]Y \^L[Y^XNONPSXO ]Y MYK[\O Q[K_OV YP L[SMU KXN MYXM[O]O’ EKXN \ScON P[KQWOX]\ K[O PSXO]Y MYK[\O’"?KNO ;[Y^XN#
?589 ;DAG@83 8K[U Q[Ob \KXNb _O[b Q[K_OVVb \SV]b MVKb’ ;[K_OV \ScONP[KQWOX]\ K[O \^LKXQ^VK[ ]Y \^L[Y^XNON PSXO ]Y MYK[\O YP L[SMU KXNMYXM[O]O’ EKXN \ScON P[KQWOX]\ K[O PSXO ]Y MYK[\O’"?KNO ;[Y^XN#
?589 ;DAG@83 ;[Ob \KXNb Q[K_OVVb _O[b \SV]b MVKb’ ;[K_OV \ScON P[KQWOX]\K[O \^LKXQ^VK[ ]Y \^L[Y^XNON YP PVSX]’ EKXN \ScON P[KQWOX]\ K[O PSXO ]YMYK[\O’"?KNO ;[Y^XN#
?589 ;DAG@83 ?ONS^W NOX\O NK[U Q[Ob \VSQR]Vb MVKbOb \KXNb ]Y _O[b \KXNb\^LKXQ^VK[ ]Y \^L[Y^XNON PSXO ]Y MYK[\O Q[K_OV YP PVSX]’ EKXN S\ PSXO ]YMYK[\O’"?KNO ;[Y^XN#
EROO] * YP +
8O\M[SZ]SYX YP E][K]K >OQOXN 8OZ]R>O_OV8K]^W EKWZVSXQ
8O]KSV\=X ES]^ FO\] =X\]KVV&
K]SYX
@AF9E3 5VV NOZ]R\ SX WO][O\% KVV NSKWO]O[\ SX WSVVSWO][O\’EOO ROKNO[ \ROO] PY[ NO]KSV\ YP LY[SXQ%
<YVO =8’
8O]KSV\
6VY‘ 7Y^X] 5XN
B[YTOM] @Y’
F7D E7D DC8
9WZVYbO[9XQSXOO[
7YY[NSXK]O\;[Y^XN >O_OV
9aZVY[K]Y[b <YVO >YQB[YTOM] @KWO
<YVO FbZO =XMVSXK]SYX
:Y[W @Y’ E=9IB<A>9>A; =\\^O’DO_S\SYX @Y’ *’)/ =\\^O 8K]O +)()2(+)*, BK[] YP ]RO 6KMRb EYVO]KXMRO ;[Y^Z
EKWZVO DOMY_O[b
:Y[ NO]KSV\ YP KLL[O_SK]SYX\% \OO UObZ[YQ[O\\ KXN ‘K]O[’
8SK’"FRSMUXO\\#
:=@5>
=B$7B
F50.*)
.’,,W A8
ESV_O[]Y‘X F^XXOV
5]USX\ >]N5]USX\ >]N
>YQ B[SX] 8K]O 5XN FSWO3 *1()/(+)*. *.3+03+)
.,2100’0/ 9% *1)-,.’12 @ @K]SYXKV ;[SNHO[]SMKV
>YQ MROMUON Lb3 E: ),()/(+)*.
;+05
.’0)
/’,)
0’.)
1’0)
2’0)
")’/)#
"*’+)#
"*’+)#
"*’))#
")’,)#
&)’,1
&)’21
&+’*1
&,’,1
&-’,1
8 +.6 +/
6 +0
8 +1
9E +2
8 ,)GF ,*6 ,,
8 ,+
8 ,-6 ,.
9E ,/8 ,06 ,1
8 ,2
8 -)
6 -*
8 -+
.’))
.’))
.’.)
.’0)
/’))
/’.)/’.)&/’2./’.)
0’))
0’.)0’.)
1’))1’))1’))
1’.)
1’0)
2’))
2’0)
*)) /+ 6VY‘\% *))! DOMY_O[b
EBF"7# @4*2.’.)
EBF @4*21’))
EBF"7# @4+,2’))
.’2.
1’-.
2’-.
?589 ;DAG@83 ?ONS^W NOX\O NK[U Q[Ob \VSQR]Vb MVKbOb \KXNb ]Y _O[b \KXNb\^LKXQ^VK[ ]Y \^L[Y^XNON PSXO ]Y MYK[\O Q[K_OV YP PVSX]’ EKXN S\ PSXO ]YMYK[\O’"?KNO ;[Y^XN#
LOVY‘ .’))W LOMYWSXQ _O[b MVKbOb
EYP] Q[Ob \KXNb Q[K_OVVb \SV]b 7>5J’ ;[K_OV S\ \^LKXQ^VK[ ]Y \^L[Y^XNONPSXO ]Y MYK[\O YP PVSX]’ EKXN S\ PSXO ]Y MYK[\O’"5VV^_S^W#
BVK\]SM NK[U Q[Ob KWY[ZRY^\ B95F ‘S]R \YWO PSL[Y^\ ZVKX] [OWKSX\’"5VV^_S^W#
EYP] NK[U Q[Ob \SV]b Q[K_OVVb Y[QKXSM 7>5J ‘S]R \YWO PSL[Y^\ ZVKX][OWKSX\’ ;[K_OV S\ \^LKXQ^VK[ ]Y \^L[Y^XNON PSXO ]Y MYK[\O YP PVSX]’"5VV^_S^W#
?ONS^W NOX\O NK[U Q[Ob _O[b \SV]b \KXNb \^LKXQ^VK[ ]Y \^L[Y^XNON PSXO ]YMYK[\O ;D5H9> YP PVSX]’ EKXN S\ PSXO ]Y MYK[\O’"DS_O[ FO[[KMO 8OZY\S]\#
?ONS^W NOX\O W^V]SMYVY^[ON \KXNb \^LKXQ^VK[ ]Y \^L[Y^XNON PSXO ]Y MYK[\O;D5H9> YP PVSX]’ EKXN S\ PSXO ]Y MYK[\O’"DS_O[ FO[[KMO 8OZY\S]\#
9aZVY[K]Y[b RYVO MYWZVO]O K] *)’)) W’
EROO] + YP +
ES 2 1
ES 4 1
ES 30 1
ES 1 1
ES 3 1
ES 5 1
ES 10 1
ES 13 1
ES 16 1
ES 19 1
ES 25 1
ES 30 1
ES 34 1
ES 39 1
ES 45 1
ES 48 1
ES 9 1
ES 1 1
ES 3 1
ES 5 1
ES 9 1
ES 12 1
ES 15 1
ES 16 1
ES 17 1
ES 18 1
ES 26 1
ES 31 1
ES 36 1
ES 41 1
ES 44 1
ES 3 1
ES 5 1
Checked By: Approved By:
Date: Date:
Form No. Revision No.
23/02/2015 16/06/2015
N/R
EB3A 13.40 2014-12-11 4.7 N/R
EB4 0.30 2015-01-22 <0.1 N/R
EB4 0.55 2015-01-22 <0.1 N/R
ian.harman samantha.finch
EB3A 1.00 2014-11-28 110.0 N/R
EB3A 2.00 2014-11-28 50.0 N/R
N/R
EB3A 4.80 2014-12-10 11.2 N/R
EB2 3.30 2014-12-12 7.2 N/R
EB2 3.70 2014-12-12 0.2 N/R
EB2 4.70 2014-12-12 0.8 N/R
EB2 1.00 2014-12-18 <0.1 N/R
EB2 1.50 2014-12-12 6.7 N/R
EB2 2.30 2014-12-12 5.4 N/R
Hole ID
Sample
Depth
m Sample
Type
Sample
Ref.
Test
Number
Test Date
yyyy-mm-dd
PID
ppm
Temp.
°CWeather
EB1
EB1
EB1
EB2
EB2
0.30
1.00
10.50
0.30
0.50
2015-01-28
2015-01-28
2015-01-22
2014-12-18
2014-12-18
<0.1
<0.1
<0.1
<0.1
<0.1
N/R
N/R
N/R
Project Name Silvertown Tunnel Photo Ionisation
ResultsProject No. TA7510
Engineer Atkins Ltd
MiniRae2000
Client Atkins Ltd
MiniRaeLite
RemarksPID Device
Type
MiniRaeLite
MiniRaeLite
Table No.
SE-EMS-F-001 2.00 Issue Date 19/02/2015
MiniRae2000
MiniRae2000
MiniRae2000
MiniRaeLiteN/R
MiniRaeLite
MiniRaeLite
N/R
MiniRaeLite
MiniRaeLite
MiniRaeLite
MiniRaeLite
MiniRaeLite
EB2 6.70 2014-12-12 <0.1 N/R
EB2 8.70 2014-12-15 <0.1
MiniRaeLite
N/R
EB2 10.70 2014-12-15 1.1 N/R
EB2 12.70 2014-12-15 0.3 N/R
MiniRaeLite
MiniRae2000
MiniRae2000
EB3 1.80 2014-11-28 830.0 N/R
EB3A 0.30 2014-11-28 140.0
MiniRae2000
EB2 13.50 2014-12-15 <0.1 N/R
N/R
EB3A 0.50 2014-11-28 590.0 N/R
MiniRae2000
MiniRae2000
MiniRae2000
EB3A 3.00 2014-11-28 290.0 N/R
EB3A 4.00 2014-11-28 190.0 N/R
MiniRaeLite
MiniRaeLite
EB3A 4.00 2014-12-10 6.4 N/R
EB3A 4.80 2014-12-10 16.7
MiniRaeLite
MiniRaeLiteEB3A 7.00 2014-12-11 7.5 N/R
MiniRaeLite
MiniRaeLite
MiniRaeLite
EB3A 10.50 2014-12-11 8.5 N/R
EB3A 12.50 2014-12-11 26.7
MiniRaeLite
EB3A 8.50 2014-12-11 5.3 N/R
MiniRae2000
MiniRae2000
4
Part of the Bachy Soletanche Group
ES 8 1
ES 12 1
ES 14 1
ES 20 1
ES 27 1
ES 32 1
ES 29 1
ES 5 1
ES 11 1
ES 16 1
ES 23 1
ES 24 1
ES 25 1
ES 29 1
ES 36 1
ES 37 1
ES 43 1
ES 1 1
ES 4 1
ES 10 1
ES 14 1
ES 19 1
ES 26 1
ES 30 1
ES 33 1
ES 36 1
ES 6 1
ES 7 1
ES 8 1
ES 9 1
ES 10 1
ES 1 1
ES 3 1
Checked By: Approved By:
Date: Date:
Form No. Revision No.
ian.harman samantha.finch
23/02/2015 16/06/2015
Part of the Bachy Soletanche Group
N/R
EB7 2.00 2014-12-19 1.1 N/R
N/R
N/R
EB6 6.00 2014-11-17 <0.1 N/R
EB6 8.00 2014-11-17 <0.1 N/R
N/R
EB7 0.50 2014-12-19 13.8 N/R
<0.1 N/R
EB5 1.00 2014-12-11 3.3 N/R
N/R
EB5 9.70 2014-12-15 <0.1 N/R
EB5 3.00 2014-12-11 343.0 N/R
EB5 5.00 2014-12-12 <0.1 N/R
Hole ID
Sample
Depth
m Sample
Type
Sample
Ref.
Test
Number
Test Date
yyyy-mm-dd
PID
ppm
Temp.
°CWeather
EB4 1.10 2015-01-22 <0.1 N/R
EB4 2.10 2015-01-22 <0.1 N/R
EB4 2.50 2015-01-22 <0.1 N/R
TA7510
Engineer Atkins Ltd
Photo Ionisation
Results
2.00
Client Atkins Ltd
Project Name Silvertown Tunnel
Project No.
SE-EMS-F-001 Issue Date 19/02/2015
EB4 4.50 2015-01-22
RemarksPID Device
Type
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000
MiniRaeLite
MiniRaeLite
MiniRaeLite
<0.1 N/R
EB4 6.50 2015-01-22 <0.1
MiniRae2000
MiniRae2000
MiniRaeLite
MiniRaeLiteEB5 2.00 2014-12-11 8.3 N/R
N/R
EB4 8.50 2015-01-22 <0.1 N/R
EB4 10.70 2015-01-22
MiniRaeLite
MiniRaeLite
EB5 5.50 2014-12-12 <0.1 N/R
EB5 6.00 2014-12-12 <0.1 N/R
MiniRaeLite
EB5 7.00 2014-12-12 12.3 N/R
EB5 9.00 2014-12-15 <0.1
MiniRaeLite
MiniRaeLite
MiniRae2000
EB5 12.00 2014-12-15 <0.1 N/R
EB6 0.30 2014-11-17 <0.1 N/R
MiniRae2000EB6 1.00 2014-11-17 <0.1 N/R
MiniRae2000
MiniRae2000
EB6 2.00 2014-11-17 <0.1 N/R
EB6 3.00 2014-11-17 <0.1 N/R
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000EB6 10.00 2014-11-17 <0.1 N/R
MiniRae2000
MiniRaeLite
EB6 11.30 2014-11-17 <0.1 N/R
EB7 0.30 2014-12-19 3.0
EB6 4.00 2014-11-17 <0.1
MiniRaeLite
MiniRaeLite
MiniRaeLite
MiniRaeLiteEB7 2.50 2014-12-19 1.1 N/R
MiniRae2000
MiniRae2000
ET1 0.30 2015-01-27 <0.1 N/R
ET1 0.50 2015-01-27 <0.1
EB7 1.00 2014-12-19 1.9
Table No.
4
ES 5 1
ES 7 1
ES 9 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
ES 10 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
ES 9 1
ES 10 1
ES 1 1
ES 3 1
ES 3 2
ES 5 1
ES 5 2
ES 8 1
ES 10 1
ES 12 1
ES 12 2
ES 2 1
ES 4 1
ES 6 1
ES 8 1
ES 10 1
ES 1 1
ES 4 1
ES 6 1
ES 1 1
ES 3 1
Checked By: Approved By:
Date: Date:
Form No. Revision No.
ian.harman samantha.finch
23/02/2015 16/06/2015
Part of the Bachy Soletanche Group
N/R
N/R
N/R
ET17 0.30 2014-11-20 <0.1 N/R
ET17 0.80 2014-11-20 <0.1 N/R
2014-11-20 <0.1 N/R
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000ET18 0.50 2014-11-20 <0.1 N/R
ET12 1.00 2014-11-28 17.0 N/R
ET12 4.00 2014-11-28 176.0 N/R
N/R
ET16 0.50 2014-11-19 <0.1 N/R
N/R
ET11 1.00 2014-11-26 <0.1 N/R
ET11 2.00 2014-11-26 <0.1 N/R
N/R
ET12 1.00 2014-11-26 <0.1 N/R
ET1 1.00 2015-01-27 <0.1 N/R MiniRae2000
N/R
ET10 0.50 2014-11-26 <0.1 N/R
ET10 0.80 2014-11-26 <0.1 N/R
MiniRae2000ET1 1.50 2015-01-27 <0.1 N/R
MiniRae2000
Hole ID
Sample
Depth
m Sample
Type
Sample
Ref.
Test
Number
Test Date
yyyy-mm-dd
PID
ppm
Temp.
°CWeather
SE-EMS-F-001 Issue Date2.00 19/02/2015
Atkins Ltd
Project No. TA7510
Engineer Atkins Ltd
Photo Ionisation
Results
Project Name Silvertown Tunnel
Client
RemarksPID Device
Type
MiniRae2000
ET1 2.00 2015-01-27 <0.1 N/R
ET10 0.30 2014-11-26 <0.1
MiniRae2000
MiniRae2000
MiniRae2000ET10 1.00 2014-11-26 <0.1 N/R
MiniRae2000ET10 2.00 2014-11-26 <0.1 N/R
MiniRae2000
MiniRae2000
ET11 0.30 2014-11-26 <0.1 N/R
ET11 0.50 2014-11-26 <0.1 N/R
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000ET11 2.00 2014-11-27 <0.1 N/R
MiniRae2000
MiniRae2000
ET12 0.30 2014-11-26 <0.1 N/R
ET12 0.80 2014-11-26 <0.1
ET11 0.80 2014-11-26 <0.1
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000ET12 2.00 2014-11-26 <0.1 N/R
MiniRae2000
MiniRae2000
ET12 3.00 2014-11-26 <0.1 N/R
ET12 4.00 2014-11-26 <0.1
ET12 0.80 2014-11-28 49.0
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000ET16 1.00 2014-11-19 <0.1 N/R
MiniRae2000
MiniRae2000
ET16 1.50 2014-11-19 <0.1 N/R
ET16 2.00 2014-11-19 <0.1
ET16 0.30 2014-11-19 <0.1
MiniRae2000
ET17 1.00 2014-11-20 <0.1 N/R
ET18 0.80
Table No.
4
ES 5 1
ES 8 1
ES 10 1
ES 12 1
ES 1 1
ES 3 1
ES 4 1
ES 6 1
ES 1 1
ES 3 1
ES 5 1
ES 8 1
ES 10 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
ES 9 1
ES 11 1
ES 13 1
ES 15 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
Checked By: Approved By:
Date: Date:
Form No. Revision No.
ian.harman samantha.finch
23/02/2015 16/06/2015
N/R
N/R
N/R
N/R
N/R
ET29 1.00 2014-12-16 <0.1 N/R
ET29 2.00 2014-12-16 <0.1 N/R
Part of the Bachy Soletanche Group
N/R
ET28 2.00 2015-01-19 <0.1 N/R
ET28 2.50 2015-01-19 <0.1 N/R
ET28 3.00 2015-01-19 <0.1 N/R
N/R
ET24 1.00 2014-12-12 2.8 N/R
ET27 1.00 2015-01-27 <0.1 N/R
ET27 1.50 2015-01-27 <0.1 N/R
N/R
ET20 0.50 2014-11-21 <0.1 N/R
ET20 0.80 2014-11-21 <0.1 N/R
ET24 0.30 2014-12-12 1.1 N/R
ET18 2.00 2014-11-20 <0.1 N/R
ET18 3.00 2014-11-20 <0.1 N/R
ET18 4.00 2014-11-20 <0.1 N/R
Project No. TA7510
Silvertown Tunnel
SE-EMS-F-001 Issue Date 19/02/20152.00
Remarks
MiniRae2000
MiniRae2000
MiniRae2000
Engineer Atkins Ltd
Client Atkins Ltd
Photo Ionisation
Results
Project Name
Hole ID
Sample
Depth
m Sample
Type
Sample
Ref.
Test
Number
Test Date
yyyy-mm-dd
PID
ppm
Temp.
°CWeather
ET18 1.00 2014-11-20 <0.1 N/R
MiniRae2000
MiniRae2000ET19 0.30 2014-11-17 <0.1 N/R
MiniRae2000
MiniRae2000
ET19 0.80 2014-11-17 <0.1 N/R
ET19 1.00 2014-11-17 <0.1
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000ET20 1.00 2014-11-21 <0.1 N/R
MiniRae2000
MiniRae2000
ET20 2.00 2014-11-21 <0.1 N/R
ET20 3.00 2014-11-21 <0.1
ET19 2.00 2014-11-17 <0.1
Possible moisture interference
on probeMiniRaeLite
Possible moisture interference
on probeMiniRaeLite
Possible moisture interference
on probeMiniRaeLite
Possible moisture interference
on probeMiniRaeLiteET24 2.00 2014-12-12 0.8 N/R
MiniRae2000
MiniRae2000
ET27 0.30 2015-01-27 <0.1 N/R
ET27 0.50 2015-01-27 <0.1
ET24 0.50 2014-12-12 3.1
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000ET28 0.50 2015-01-19 0.9 N/R
MiniRae2000
MiniRae2000
ET28 1.00 2015-01-19 <0.1 N/R
ET28 1.50 2015-01-19 <0.1
ET28 0.30 2015-01-19 <0.1
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000ET28 3.50 2015-01-19 <0.1 N/R
MiniRaeLite
MiniRaeLite
ET29 0.30 2014-12-16 1.6 N/R
ET29 0.50 2014-12-16 4.0
MiniRaeLite
MiniRaeLite
Table No.
4
PID Device
Type
ES 9 1
ES 11 1
ES 13 1
ES 1 1
ES 3 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
ES 9 1
ES 11 1
ES 13 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
ES 9 1
ES 11 1
ES 3 1
ES 5 1
ES 7 1
ES 9 1
ES 11 1
ES 13 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
ES 9 1
ES 11 1
ES 13 1
ES 15 1
ES 1 1
Checked By: Approved By:
Date: Date:
Form No. Revision No. 2.00 19/02/2015
N/R
ET35 3.00 2015-01-28 <0.1 N/R
N/R
ET4 0.30 2015-01-27 <0.1 N/R MiniRae2000
SE-EMS-F-001 Issue Date
ian.harman samantha.finch
23/02/2015 16/06/2015
Part of the Bachy Soletanche Group
N/R
ET32 3.00 2014-12-10 6.4 N/R
ET32 4.00 2014-12-10 3.9 N/R
N/R
ET35 2.00 2015-01-28 <0.1 N/R
2014-12-16 <0.1 N/R
ET29 3.80 2014-12-16 <0.1 N/R
ET3 0.30 2015-01-28 <0.1 N/R
N/R
Hole ID
Sample
Depth
m Sample
Type
Sample
Ref.
Test
Number
Test Date
yyyy-mm-dd
PID
ppm
Temp.
°CWeather Remarks
Client
PID Device
Type
Atkins Ltd
Project Name Silvertown Tunnel
Project No. TA7510
Engineer Atkins Ltd
Photo Ionisation
Results
MiniRae2000
MiniRae2000
ET30 0.50 2015-01-19
ET30 1.50 2015-01-19 1.8 N/R
ET30 2.00 2015-01-19 1.0 N/R
ET30
29.3 N/R
ET30 1.00 2015-01-19 3.9
MiniRaeLite
Table No.
4
MiniRaeLite
MiniRaeLite
MiniRae2000
MiniRae2000
ET3 0.50 2015-01-28 <0.1 N/R
ET30 0.30 2015-01-19 7.1 N/R
MiniRae2000
ET29 3.00 2014-12-16 <0.1 N/R
ET29 3.60
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000ET30 3.00 2015-01-19 <0.1 N/R
2.50 2015-01-19 <0.1 N/R
MiniRaeLite
MiniRaeLite
ET31 0.30 2014-12-10 1.0 N/R
ET31 0.50 2014-12-10 1.2
MiniRaeLite
MiniRaeLite
N/R
ET31 1.00 2014-12-10 1.0 N/R
ET31 2.00 2014-12-10 2.9 N/R
MiniRaeLite
MiniRaeLiteET31 4.00 2014-12-10 2.5 N/R
MiniRaeLite
MiniRaeLite
ET32 0.30 2014-12-10 1.4 N/R
ET32 1.00 2014-12-10 1.0
ET31 3.00 2014-12-10 1.1 N/R
N/R
MiniRaeLite
MiniRaeLite
MiniRaeLite
MiniRaeLiteET32 4.80 2014-12-10 1.3 N/R
MiniRae2000
MiniRae2000
ET35 0.50 2015-01-28 <0.1 N/R
ET35 1.00 2015-01-28 <0.1
ET32 2.00 2014-12-10 6.4
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000ET35 3.50 2015-01-28 <0.1 N/R
MiniRae2000
MiniRae2000
ET35 4.00 2015-01-28 <0.1 N/R
ET35 4.50 2015-01-28 <0.1
ET35 2.50 2015-01-28 <0.1
ES 3 1
ES 5 1
ES 7 1
ES 9 1
ES 11 1
ES 13 1
ES 15 1
ES 17 1
ES 19 1
ES 1 1
ES 3 1
ES 5 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
ES 9 1
ES 11 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
ES 9 1
ES 11 1
ES 13 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
ES 9 1
ES 11 1
ES 13 1
ES 3 1
Checked By: Approved By:
Date: Date:
Form No. Revision No.
G1 0.30 2015-01-28 <0.1 N/R
ian.harman samantha.finch
23/02/2015 16/06/2015
Part of the Bachy Soletanche Group
MiniRae2000
MiniRae2000
ET9 0.30 2014-11-25 <0.1 N/R
ET9 0.50 2014-11-25 <0.1 N/R
N/R
N/R
ET9 4.00 2014-11-25 <0.1 N/R
N/R
ET8A 0.50 2014-12-05 <0.1 N/R
N/R
ET8A 1.70 2014-12-05 <0.1 N/R
N/R
ET4 1.50 2015-01-27 <0.1 N/R
N/R
ET6 1.50 2015-01-27 <0.1 N/R
ET6 2.00 2015-01-27 <0.1 N/R
Client Atkins Ltd
Photo Ionisation
Results
Project Name Silvertown Tunnel
ET4 0.50 2015-01-27 <0.1 N/R MiniRae2000
Project No. TA7510
Table No.
4
Engineer Atkins Ltd
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000
ET4 2.00 2015-01-27 <0.1 N/R
ET4 2.50 2015-01-27 <0.1 N/R
RemarksPID Device
TypeHole ID
Sample
Depth
m Sample
Type
Sample
Ref.
Test
Number
Test Date
yyyy-mm-dd
PID
ppm
Temp.
°CWeather
ET4 1.00 2015-01-27 <0.1 N/R
MiniRae2000
MiniRae2000
ET4 3.00 2015-01-27 <0.1 N/R
ET4 3.50 2015-01-27 <0.1
MiniRae2000
MiniRae2000
N/R
ET4 4.00 2015-01-27 <0.1 N/R
ET4 4.50 2015-01-27 <0.1 N/R
MiniRaeLite
MiniRaeLiteET5 0.50 2014-12-19 <0.1 N/R
MiniRaeLite
MiniRae2000
ET5 0.75 2014-12-19 <0.1 N/R
ET6 0.50 2015-01-27 <0.1
ET5 0.30 2014-12-19 <0.1 N/R
N/R
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000ET6 2.50 2015-01-27 <0.1 N/R
MiniRae2000
MiniRaeLite
ET6 3.00 2015-01-27 <0.1 N/R
ET8A 0.30 2014-12-05 <0.1
ET6 1.00 2015-01-27 <0.1
MiniRaeLite
MiniRaeLite
MiniRaeLite
MiniRaeLiteET8A 1.90 2014-12-05 <0.1 N/R
MiniRaeLite
MiniRaeLite
ET8A 2.90 2014-12-05 <0.1 N/R
ET8A 3.50 2014-12-05 <0.1
ET8A 1.00 2014-12-05 <0.1
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000ET9 1.00 2014-11-25 0.2 N/R
MiniRae2000
MiniRae2000
ET9 2.00 2014-11-25 <0.1 N/R
ET9 3.00 2014-11-25 <0.1
ET9 0.80 2014-11-25 <0.1
19/02/2015SE-EMS-F-001 Issue Date2.00
ES 8 1
ES 12 1
ES 1 1
ES 3 1
ES 5 1
ES 7 1
B 2 1
B 7 1
B 11 1
ES 10 1
B 14 1
B 18 1
B 23 1
B 30 1
B 32 1
ES 55 1
B 82 1
B 86 1
B 93 1
ES 53 1
ES 3 1
ES 6 1
ES 9 1
ES 14 1
ES 55 1
ES 1 1
ES 1 2
ES 3 1
ES 3 1
ES 5 1
ES 5 1
ES 11 1
ES 14 1
Checked By: Approved By:
Date: Date:
Form No. Revision No.
G17 3.00 2014-12-09 1.0 N/R
ian.harman samantha.finch
23/02/2015 16/06/2015
Part of the Bachy Soletanche GroupSE-EMS-F-001
N/R
N/R
G17 0.30 2014-12-09 <0.1 N/R
G17 0.50 2014-12-05 0.4 N/R
G17 0.50 2014-12-09 <0.1 N/R
N/R
G10A 28.00 2015-01-20 0.3 N/R
N/R
G16 0.40 2015-01-19 0.8 N/R
G16 1.00 2015-01-19 <0.1 N/R
N/R
G10A 3.50 2015-01-28 300.0 N/R
G10A 4.50 2015-01-20 1.9 N/R
N/R
G10A 11.00 2015-01-20 0.2 N/R
G1 2.00 2015-01-28 <0.1 N/R
G10 0.30 2014-12-02 1.2 N/R
G10 0.50 2014-12-02 1.6 N/R
Client Atkins Ltd
Project No. TA7510
Engineer Atkins Ltd
Issue Date2.00 19/02/2015
MiniRae2000
RemarksPID Device
Type
Silvertown Tunnel
Table No.
4
MiniRae2000
Possible moisture interference
on readingsMiniRaeLite
Possible moisture interference
on readingsMiniRaeLite
Photo Ionisation
Results
Project Name
Hole ID
Sample
Depth
m Sample
Type
Sample
Ref.
Test
Number
Test Date
yyyy-mm-dd
PID
ppm
Temp.
°CWeather
G1 1.00 2015-01-28 <0.1 N/R
Possible moisture interference
on readingsMiniRaeLite
Possible moisture interference
on readingsMiniRaeLite
MiniRae2000
MiniRae2000
G10A 0.50 2015-01-20 <0.1 N/R
G10A 2.50 2015-01-20 7.9
G10 1.00 2014-12-02 1.5 N/R
G10 1.30 2014-12-02 1.2 N/R
N/R
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000G10A 6.00 2015-01-20 4.7 N/R
MiniRae2000
MiniRae2000
G10A 8.50 2015-01-20 0.2 N/R
G10A 9.50 2015-01-20 <0.1
G10A 3.50 2015-01-20 16.2
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000G10A 29.50 2015-01-20 <0.1 N/R
MiniRae2000
MiniRaeLite
G10A 31.00 2015-01-20 <0.1 N/R
G12 20.00 2014-12-09 54.0
G10A 20.40 2015-01-20 0.5
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000G16 2.50 2015-01-19 0.5 N/R
MiniRae2000
MiniRaeLite
G16 15.50 2015-01-19 0.3 N/R
G17 0.30 2014-12-05 1.3
G16 1.40 2015-01-19 <0.1
MiniRaeLite
MiniRaeLite
MiniRaeLite
MiniRaeLiteG17 1.00 2014-12-05 0.4 N/R
MiniRaeLite
MiniRaeLite
G17 1.00 2014-12-09 3.5 N/R
G17 2.00 2014-12-09 0.4 N/R
MiniRaeLite
ES 17 1
ES 22 1
ES 27 1
ES 32 1
ES 37 1
ES 42 1
ES 47 1
ES 52 1
ES 1 1
ES 3 1
ES 8 1
ES 35 1
ES 39 1
ES 1 1
ES 3 1
ES 1 1
ES 3 1
ES 5 1
ES 3 1
ES 9 1
ES 13 1
ES 3 1
ES 6 1
ES 7 1
ES 11 1
ES 16A 1
ES 25 1
ES 30 1
ES 15 1
ES 1 1
ES 6 1
ES 11 1
ES 16 1
Checked By: Approved By:
Date: Date:
Form No. Revision No.
ian.harman samantha.finch
23/02/2015 16/06/2015
Part of the Bachy Soletanche Group
N/R
G20 1.50 2014-12-12 2.3 N/R
G20 3.50 2014-12-12 1.5 N/R
N/R
G1B 1.00 2015-01-28 <0.1 N/R
G1B 2.00 2015-01-28 <0.1 N/R
N/R
G2 4.00 2015-01-28 0.4 N/R
2014-12-09 1.5 N/R
G17 5.00 2014-12-09 <0.1 N/R
G17 6.00 2014-12-09 1.1 N/R
Hole ID
Sample
Depth
m Sample
Type
Sample
Ref.
Test
Number
Test Date
yyyy-mm-dd
PID
ppm
Temp.
°CWeather
Client Atkins Ltd
Project No. TA7510
Engineer Atkins Ltd
Photo Ionisation
Results
Project Name Silvertown Tunnel
MiniRaeLite
MiniRaeLite
RemarksPID Device
Type
MiniRaeLite
MiniRaeLiteG17 7.00 2014-12-09 1.6 N/R
MiniRaeLite
MiniRaeLite
G17 8.00 2014-12-10 7.4 N/R
G17 9.00 2014-12-10 4.7 N/R
G17 4.00
MiniRaeLite
MiniRaeLite
G17 10.00 2014-12-10 4.6 N/R
G17 11.00 2014-12-10 5.5
MiniRae2000
MiniRae2000
G18 0.30 2014-11-17 <0.1 N/R
G18 1.00 2014-11-17 <0.1
N/R
N/R
MiniRae2000
MiniRae2000
G18 2.00 2014-11-18 <0.1 N/R
G18 9.30 2015-01-28 <0.1
MiniRae2000
MiniRae2000
G18 10.30 2015-01-28 <0.1 N/R
G19 0.30 2014-11-20 <0.1
N/R
N/R
MiniRae2000
MiniRae2000
G19 0.50 2014-11-20 <0.1 N/R
G19A 0.30 2014-11-20 <0.1
MiniRae2000
MiniRae2000
N/R
G19A 0.50 2014-11-20 <0.1 N/R
G19A 1.00 2014-11-20 <0.1 N/R
MiniRae2000
MiniRae2000G19B 6.50 2014-11-21 <0.1 N/R
MiniRae2000
MiniRae2000
G19B 8.30 2014-11-24 <0.1 N/R
G1B 0.30 2015-01-28 <0.1
G19B 4.50 2014-11-21 <0.1 N/R
N/R
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000G1B 3.20 2015-01-28 <0.1 N/R
MiniRae2000
MiniRae2000
G1B 5.30 2015-01-28 <0.1 N/R
G1B 7.30 2015-01-28 <0.1
G1B 0.50 2015-01-28 <0.1
MiniRae2000
MiniRaeLite
MiniRaeLite
MiniRaeLiteG20 2.50 2014-12-12 2.7 N/R
MiniRaeLite
2.00 Issue Date 19/02/2015SE-EMS-F-001
G20 0.50 2014-12-12 2.6
Table No.
4
ES 5 1
ES 1 1
ES 2 1
ES 3 1
ES 4 1
ES 7 1
ES 8 1
ES 14 1
ES 17 1
ES 12 1
ES 21 1
ES 24 1
ES 27 1
ES 32 1
ES 23 1
ES 27 1
ES 45 1
ES 31 1
ES 53 1
ES 1 1
ES 4 1
ES 9 1
ES 15 1
ES 20 1
ES 24 1
ES 27 1
ES 2 1
ES 4 1
ES 6 1
ES 5 1
ES 10 1
ES 31 1
ES 20 1
Checked By: Approved By:
Date: Date:
Form No. Revision No.
ian.harman samantha.finch
23/02/2015 16/06/2015
Part of the Bachy Soletanche Group
N/R
G25 0.30 2014-11-19 <0.1 N/R
N/R
G26 2.00 2014-12-18 <0.1 N/R
G26 3.00 2014-12-18 <0.1 N/R
N/R
G23 0.30 2014-11-17 <0.1 N/R
G23 1.00 2014-11-17 <0.1 N/R
N/R
G23 6.50 2014-11-17 <0.1 N/R
G22 0.30 2015-01-28 <0.1 N/R
G22 1.00 2014-11-17 <0.1 N/R
N/R
G22 2.00 2015-01-28 <0.1 N/R
G22 1.50 2014-12-08 1.7
G21 1.00 2014-12-16 <0.1 N/R
Atkins Ltd
Client Atkins Ltd
Project Name
G22 0.30 2014-11-17 <0.1 N/R
Hole ID
Sample
Depth
m Sample
Type
Sample
Ref.
Test
Number
Test Date
yyyy-mm-dd
PID
ppm
Temp.
°CWeather
2.00 Issue Date 19/02/2015
MiniRae2000
MiniRaeLite
G22 1.00 2015-01-28 <0.1 N/R
G22 2.50 2014-12-08 <0.1 N/R
G22 3.00 2014-12-08 0.1
RemarksPID Device
Type
MiniRae2000
MiniRaeLite
Silvertown Tunnel Photo Ionisation
ResultsProject No. TA7510
Engineer
MiniRae2000
MiniRaeLite
MiniRaeLite
MiniRae2000G22 3.00 2015-01-28 <0.1 N/R
N/R
MiniRaeLite
MiniRaeLite
G22 3.50 2014-12-08 1.0 N/R
G22 4.00 2014-12-08 0.4
MiniRaeLite
MiniRaeLite
N/R
G22 4.50 2014-12-08 0.5 N/R
G22 5.50 2014-12-08 <0.1 N/R
MiniRae2000
MiniRae2000G22 8.00 2015-01-28 <0.1 N/R
MiniRaeLite
MiniRae2000
G22 9.50 2014-12-08 <0.1 N/R
G22 10.00 2015-01-28 <0.1
G22 6.00 2015-01-28 <0.1 N/R
N/R
MiniRaeLite
MiniRae2000
MiniRae2000
MiniRae2000G23 1.50 2014-11-17 <0.1 N/R
MiniRae2000
MiniRae2000
G23 2.50 2014-11-17 <0.1 N/R
G23 4.50 2014-11-17 <0.1
G22 20.00 2014-12-08 <0.1
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000G25 0.50 2014-11-19 <0.1 N/R
MiniRae2000
MiniRaeLite
G25 1.00 2014-11-19 <0.1 N/R
G26 1.00 2014-12-18 <0.1
G23 8.50 2014-11-17 <0.1
MiniRaeLite
MiniRaeLite
MiniRaeLite
SE-EMS-F-001
G26 4.00 2014-12-18 <0.1 N/R
Table No.
4
MiniRae2000
MiniRae2000
ES 34 1
ES 42 1
ES 49 1
ES 2 1
ES 2 1
ES 4 1
ES 6 1
ES 12 1
ES 15 1
ES 21 1
ES 2 1
ES 5 1
ES 9 1
ES 13 1
ES 16 1
ES 21 1
ES 26 1
ES 30 1
ES 35 1
ES 1 1
ES 3 1
ES 5 1
ES 9 1
ES 13 1
ES 18 1
ES 28 1
ES 33 1
ES 38 1
ES 1 1
ES 9 1
ES 14 1
ES 19 1
ES 24 1
Checked By: Approved By:
Date: Date:
Form No. Revision No.
ian.harman samantha.finch
23/02/2015 16/06/2015
Part of the Bachy Soletanche Group
G5 7.50 2015-02-03 <0.1 N/R
G5 9.50 2015-02-03 <0.1 N/R
G5 11.20 2015-02-03 <0.1 N/R
G4 12.00 2014-12-12 2.2 N/R
G5 3.50 2015-02-03 <0.1 N/R
G5 5.50 2015-02-03 <0.1 N/R
G4 4.80 2014-12-10 13.9 N/R
G4 8.20 2014-12-11 25.1 N/R
G4 10.20 2014-12-11 15.4 N/R
N/R
N/R
G4 1.00 2014-12-10 1.5 N/R
G4 2.00 2014-12-10 2.3 N/R
G4 3.00 2014-12-10 8.4 N/R
N/R
G3 1.00 2015-01-28 <0.1 N/R
N/R
G3 5.00 2015-01-28 <0.1 N/R
G3 7.00 2015-01-28 <0.1 N/R
N/R
G27A 0.30 2014-12-16 <0.1 N/R
G27A 0.50 2014-12-18 1.2 N/R
N/R
G27A 4.00 2014-12-18 11.2 N/R
Hole ID
Sample
Depth
m Sample
Type
Sample
Ref.
Test
Number
Test Date
yyyy-mm-dd
PID
ppm
Temp.
°CWeather
G26 6.00 2014-12-18 <0.1 N/R
G26 8.00 2014-12-18 <0.1 N/R
Project Name Silvertown Tunnel
MiniRaeLite
SE-EMS-F-001 2.00 Issue Date 19/02/2015
Photo Ionisation
Results
Client Atkins Ltd
Project No. TA7510
Engineer Atkins Ltd
Remarks
MiniRaeLite
PID Device
Type
MiniRaeLite
MiniRaeLiteG26 10.00 2014-12-18 <0.1 N/R
MiniRaeLite
MiniRaeLite
MiniRaeLite
MiniRaeLiteG27A 1.00 2014-12-18 67.0 N/R
MiniRaeLite
MiniRaeLite
G27A 2.00 2014-12-18 107.0 N/R
G27A 3.00 2014-12-18 52.0
G27A 0.30 2014-12-18 1.6
MiniRaeLite
MiniRae2000
MiniRae2000
MiniRae2000G3 2.00 2015-01-28 <0.1 N/R
MiniRae2000
MiniRae2000
G3 3.00 2015-01-28 <0.1 N/R
G3 4.00 2015-01-28 <0.1
G3 0.30 2015-01-28 <0.1
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000G3 11.00 2015-01-28 0.4 N/R
MiniRaeLite
MiniRaeLite
G4 0.30 2014-12-10 1.6 N/R
G4 0.50 2014-12-10 3.5
G3 9.00 2015-01-28 <0.1
MiniRaeLite
MiniRaeLite
MiniRaeLite
MiniRaeLite
MiniRaeLite
MiniRaeLite
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000
MiniRae2000
Table No.
4
ES 1 1
ES 3 1
ES 5 1
ES 9 1
ES 11 1
ES 16 1
ES 25 1
ES 30 1
ES 36 1
ES 41 1
ES 46 1
ES 1 1
ES 3 1
ES 5 1
ES 63 1
ES 71 1
ES 1 1
ES 3 1
ES 5 1
ES 9 1
ES 12 1
ES 15 1
ES 18 1
Checked By: Approved By:
Date: Date:
Form No. Revision No.
ian.harman samantha.finch
23/02/2015 16/06/2015
Part of the Bachy Soletanche GroupSE-EMS-F-001 2.00 Issue Date 19/02/2015
G9 4.00 2014-12-09 <0.1 N/R MiniRaeLite
G9 5.00 2014-12-09 <0.1 N/R MiniRaeLite
G9 1.00 2014-12-02 1.9 N/RPossible moisture interference
on readingsMiniRaeLite
G9 2.00 2014-12-09 <0.1 N/R MiniRaeLite
G9 3.00 2014-12-09 <0.1 N/R MiniRaeLite
G8 14.00 2014-12-08 <0.1 N/R MiniRaeLite
G9 0.30 2014-12-02 1.2 N/RPossible moisture interference
on readingsMiniRaeLite
G9 0.50 2014-12-02 2.2 N/RPossible moisture interference
on readingsMiniRaeLite
G7 0.50 2014-11-27 <0.1 N/R MiniRae2000
G7 1.00 2014-11-27 <0.1 N/R MiniRae2000
G7 11.10 2014-12-08 <0.1 N/R MiniRaeLite
G6 11.30 2014-12-05 <0.1 N/R MiniRaeLite
G6 13.20 2014-12-05 <0.1 N/R MiniRaeLite
G7 0.30 2014-11-27 <0.1 N/R MiniRae2000
G6 5.30 2014-12-05 <0.1 N/R MiniRaeLite
G6 7.50 2014-12-05 <0.1 N/R MiniRaeLite
G6 9.30 2014-12-05 <0.1 N/R MiniRaeLite
G6 1.50 2014-12-05 <0.1 N/R MiniRaeLite
G6 2.00 2014-12-05 <0.1 N/R MiniRaeLite
G6 3.20 2014-12-05 <0.1 N/R MiniRaeLite
G6 0.30 2014-12-02 18.7 N/RPossible moisture interference
on readingsMiniRaeLite
G6 0.50 2014-12-02 3.0 N/RPossible moisture interference
on readingsMiniRaeLite
G6 1.00 2014-12-02 2.2 N/RPossible moisture interference
on readingsMiniRaeLite
Project Name Silvertown Tunnel Photo Ionisation
ResultsProject No. TA7510
Engineer Atkins Ltd Table No.
4Client Atkins Ltd
Hole ID
Sample
Depth
m Sample
Type
Sample
Ref.
Test
Number
Test Date
yyyy-mm-dd
PID
ppm
Temp.
°CWeather Remarks
PID Device
Type
Recorded By: Checked By: Approved By:
Date: Date: Date:
Form No. IssueNo.RevisionNo Issue Date
4Employer Atkins Ltd
Hole ID Date TimeStrike at
depth
Rise to
depth
Time
taken to
rise
Casing
depth at
strike
time
Project Name Silvertown Tunnel Groundwater Inflows
Recorded in
Exploratory HolesProject No. TA7510
Engineer Atkins Ltd Table No.
m
EB1 28/01/2015 1415 5.00 4.00 5 5.00
Casing
depth to
seal flow
Stratum Code
(GEOL_LEG)Flow rate remarks
dd/mm/yyyy hhmm m m mins m
504 Fast
EB1 28/01/2015 1415 5.00 3.80 15 5.00
0.00 504 Fast
EB1 28/01/2015 1415 5.00 3.80 10 5.00
504 Fast
EB2 11/12/2014 1545 5.00 5.00 20 5.00
504 Fast
EB1 28/01/2015 1415 5.00 3.80 20 5.00
Not sealed 102
EB3A 09/12/2014 1715 5.70 4.10 20 5.70
Not sealed 220
EB3A 26/11/2014 1300 1.80 1.70 20 1.80
203
EB5 10/12/2014 1515 3.00 2.48 20 3.00
Not sealed 520
EB4 14/01/2015 1130 3.70
102
EB5 10/12/2014 1515 3.00 2.85 10 3.00
102
EB5 10/12/2014 1515 3.00 2.95 5 3.00
102
EB6 17/11/2014 1045 3.00 2.93 20 3.00
102
EB5 10/12/2014 1515 3.00 2.65 15 3.00
3.20 102
EB6 17/11/2014 1045 3.00 2.94 10 3.00
3.20 102
EB6 17/11/2014 1045 3.00 2.95 5 3.00
3.20 102
EB6 17/11/2014 1420 6.80 4.10 20 4.20
3.20 102
EB6 17/11/2014 1045 3.00 2.94 15 3.00
430
EB6 17/11/2014 1420 6.80 4.10 10 4.20
430
EB6 17/11/2014 1420 6.80 4.20 5 4.20
430
ET16 18/11/2014 1400 0.95
430
EB6 17/11/2014 1420 6.80 4.10 15 4.20
102
ET28 13/01/2015 1430 3.00 3.00
102
ET17 20/11/2014 2.30
102
ET35 16/01/2015 1230 0.80 0.80 20
203
ET31 10/12/2014 2.70
602
G10A 07/01/2015 0940 5.50 5.40 5 5.15
102
ET6 26/01/2015 0910 2.80
5.60 202 Medium
G10A 07/01/2015 0940 5.50 5.40 15 5.15
5.60 202 Medium
G10A 07/01/2015 0940 5.50 5.40 10 5.15
5.60 202 Medium
G10A 07/01/2015 1510 9.00 7.60 5 9.00
5.60 202 Medium
G10A 07/01/2015 0940 5.50 5.40 20 5.15
16/06/2015 16/06/2015
SE-PGR-F-007 3.04 26/07/2013
504 Fast
samantha.finch paul.longman
504 Fast
G10A 07/01/2015 1510 9.00 7.50 10 9.00
Part of the Bachy Soletanche Group
NOTES:
Form No. Revision No. Issue Date
10/02/2015
17/02/2015
17/02/2015
10:30
12:50
8:20
G4
Part of the Bachy Soletanche Group
150
10/02/2015 13:50
Date(dd/mm/yyyy)
Time
hh:mmExploratory Hole ID
G16
Initial
Groundwater
Level
(m)
Litres Purged
Groundwater Level
After Purging
(m)
150
270
Abandoned
G10A
G3A Deep
TA7510
Atkins Ltd
Atkins Ltd
G3A Shallow
EB5
10:35
11:50
G25A
G6
G5
G7
Project Name Silvertown Tunnel Record of Installations
Purged
24/01/2014
Project No.
Engineer
Client
G4
1.03SE-PGR-F-013
10012:00 3.56
18/02/2015
18/02/2015
18/02/2015
23/02/2015
23/02/2015
24/02/2015
24/02/2015
Groundwater Level
After 30 minutes
(m)
7.09
4.44
1.74
3.82
4.77
4.72
pump failure
14:40
12:50
13:50
9:00
7.09
1.67
3.41
05
Table no.
7.12
2.17
450
50L*Dry
20L*Dry
700-750
3.52
450
1000
Dry
7.12
4.45
3.60
4.26
3.90
3.64
4.74
3.87
3.98
7.14
1.79
after 1hr
7.14
4.39
1.74
3.60
Dry
4.68
NOTES:
Form No. Revision No. Issue Date
1.91
3.49
2.91
5.59
3.52
3.65
1.93
4.28
4.57
to purge
3.66
1.94
4.28
4.57
water volume
1.91
2.91
6.28
56
18
12
Insufficient
1.83
21
30
5.59
3.56
Dry
05
Table no.
5.59
3.539:30
12:10
13:00
14:20
Groundwater Level
After 30 minutes
(m)
3.65
1.87
4.28
4.57
3.83
2.91
15/04/2015
15/04/2015
15/04/2015
15/04/2015
16/04/2015
16/04/2015
16/04/2015 4514:05 3.49
1.03SE-PGR-F-013
Project Name Silvertown Tunnel Record of Installations
Purged
24/01/2014
Project No.
Engineer
Client
EB5
G7
G6
G16
G25A
G5
EB3A Shallow
TA7510
Atkins Ltd
Atkins Ltd
EB3A Deep
G4
14:55
15:50
Initial
Groundwater
Level
(m)
Litres Purged
Groundwater Level
After Purging
(m)
66
42
48
14/04/2015 14:14
Date(dd/mm/yyyy)
Time
hh:mmExploratory Hole ID
G8
G1
Part of the Bachy Soletanche Group
01/01/1900
15/04/2015
15/04/2015
16:10
10:55
13:!5
NOTES:
Form No. Revision No. Issue Date
1.84
3.52
2.87
5.48
3.59
-
3.71
1.93
4.27
4.58
to purge
3.72
1.96
4.27
4.58
water volume
2.02
2.89
6.86
56
18
12
Insufficient
1.84
21
30
5.48
3.59
DRY
05
Table no.
11.50
3.5916:15
15:30
9:20
10:00
Groundwater Level
After 30 minutes
(m)
3.71
1.92
4.27
4.58
3.81
2.87
-
28/05/2015
28/05/2015
27/05/2015
27/05/2015
26/05/2015
27/05/2015
26/05/2015 4511:40 3.52
1.03SE-PGR-F-013
Project Name Silvertown Tunnel Record of Installations
Purged
24/01/2014
Project No.
Engineer
Client
EB5
G7
G6
G16
G25A
G5
EB3A Shallow
TA7510
Atkins Ltd
Atkins Ltd
EB3A Deep
G4
11:00
12:55
Initial
Groundwater
Level
(m)
Litres Purged
Groundwater Level
After Purging
(m)
66
42
-
48
27/05/2015 11:10
Date(dd/mm/yyyy)
Time
hh:mmExploratory Hole ID
G8
G1
Part of the Bachy Soletanche Group
26/05/2015
27/05/2015
27/05/2015
13:10
10:30
14:10
Recorded by: Checked by: Approved by:
Date: Date: Date:
Form No.
14.57 1.87
SE-PGR-F-008 Part of the Bachy Soletanche Group
RP
10/02/2015
24/01/2014Issue Date
03/06/2015
SF
22.50
12.00
24.00
14.00
9.00
12.00
Issue.Revision No.
PL
26/02/2015
9.50
1.80
31/03/2015 11:45 3.40
31/03/2015 10:55
EB3A
EB5
G10A
G10A
9.50
24.00
26.00
10.50
G11A
Client
2.05
NOTES:
For multiple installations at the same depth, use different Installation IDs. Otherwise, the field is optional.
Monitoring point depth for piezometers = tip depth, for standpipes = base of response zone
4.12
Project Name Silvertown Tunnel Groundwater
Readings For
InstallationsProject No.
Engineer
TA7510
Atkins Ltd Table No.
Date
dd/mm/yyyy
08:50
09:00
09:10
m
DRY
Time
Recorded Water Level
01
8.50
3.00
9.00
SP
SPIE 02
27.00
10.00 02
02
TypeTime
hh:mm
16.00 01
10/02/2015
SP
SP
15.00
DRY
6.00
16.00
5.00
29.00
016.00
5.00
29.00
10/02/2015
EB2
EB3A
COMMENTS
Exploratory Hole ID
Installation Details
SP
01
SP
Atkins Ltd
SPIE=Piezometer, SP=Standpipe
4.30
Reading
06
31/03/2015 11:25 1.84
31/03/2015 14.55 4.39
Reading
hh:mm m
Reading
1.67
7.07
DRY
Date
dd/mm/yyyy
31/03/2015
31/03/2015 14:13 7.25
01
02
02
01
3.15
4.21
11:30 2.01
31/03/2015 13:07 4.25
1.94
31/03/2015
31/03/2015
31/03/2015
31/03/20154.25
10/02/2015
2.60
4.25
31/03/2015
12:10 6.60
12:20 2.25
31/03/2015 14:05 8.69
27.00
10.00
7.85
24/02/2015
01
SPIE 26.00
01
10/02/2015
7.60
SP
SPIE
G16
G15 SPIE
SPIEG15
G16
SP
10.50 2.66
22.50
4.50
9.50
3.00 DRY
3.54
3.48
11:53 2.95
12:06 2.93
8.50
3.00
01
10/02/2015
DRY
SPIE
SPIE
SPIE
G1B SPIE 9.50
G18 SPIE 4.50
G1B SP 3.00
SP
G22
G25A
12.00G4
SPIE
SP
G22 4.5010/02/2015
10/02/2015 DRYSP 02
3.8013:3831/03/2015
08:2024/02/2015
3.56
3.41 3.52
G7
4.98
12.00
SP
SP
11.00
4.50 01G6
3.66
14:2031/03/2015G7 SPIE 01
G5 11.00 10/02/2015 3.98
4.50
4.6614:2831/03/201502
3.8414:3431/03/2015
09/02/2015
4.55
5.31
G8 5.50 6.0713:575.48 31/03/2015
09/02/2015
3.95
3.87
4.09
4.72
09/02/2015
10/02/2015 3.79
DRY
7.38
6.38
1.72
3.04
2.68
G9
12:35G8 14.00
5.62
09/02/2015
24/02/2015
m
DRY
4.44
1.74
1.67
7.09
10/02/2015
10/02/2015
5.50 5.5713:525.48 31/03/2015
11:40
11:10
12:00
14:40
10:30
11:50
11:30
12:50
12:20
14:08
09:05
12:40
12:35
09:00
13:50
10:35
14:30
13:13
Time
hh:mm
14:45
09:00
10:35
14:40
13:50
24/02/2015
17/02/2015
23/02/2015
18/02/2015
17/03/2015
23/02/2015
17/03/2015
17/03/2015
18/03/2015
18/03/2015
18/03/2015
10/02/2015
18/03/2015
17/03/2015
31/03/2015
18/03/2015
31/03/2015
Date
dd/mm/yyyy
31/03/2015
18/02/2015
18/02/2015
10/02/2015
17/02/2015
31/03/2015
17/03/2015
16:10
15:44
15:33
10:00
13:20
13:38
12:35
12:36
10:58
14:50
08:30
08:38
16:00
12:44
15:25
15:10
15:05
11:55
11:50
11:27
11:12
12:00
4.00
15.00
4.00
01
01
01
2.00 01
Depth to base
of pipe
m
Monitoring
point depth
m
2.00
ID
09/02/2015
09/02/2015
09/02/2015
24/02/2015
09/02/2015
09/02/2015
10/02/2015
09/02/201501
02
01
G9 No Access - Landscaped over from 17/03/15 onwards
Recorded by: Checked by: Approved by:
Date: Date: Date:
Form No.
16/04/2015 03/06/2015
SE-PGR-F-008 Issue.Revision No. 2.05 Issue Date 24/01/2014 Part of the Bachy Soletanche Group
RP / IH / JC / DB PL SF
27/05/2015 11:00 5.79
14:14 5.59 27/05/2015 11:05 5.48
G9 SPIE 9.50 9.50 01
5.48
G8 SPIE 14.00 14.00 02 14/04/2015
14/04/2015 14:16 5.59 27/05/2015 11:06
27/05/2015 12:53 4.58
G8 SPIE 24.00 24.00 01
15/04/2015 15:40 4.57
15:25 4.96 27/05/2015 12:40 4.79
G7 SP 12.00 12.00 02
3.81
G7 SPIE 22.50 22.50 01 15/04/2015
15/04/2015 16:05 3.83 27/05/2015 13:10
27/05/2015 09:10 3.71
G6 SP 4.50 4.50 01
15/04/2015 12:44 3.65
08:55 3.56 26/05/2015 15:20 3.59
G5 SP 11.00 11.00 01
3.52
G4 SP 12.00 12.00 01 31/03/2015 13:43 3.58 15/04/2015
16/04/2015 14:00 3.49 26/05/2015 11:28
26/05/2015 14:29 DRY
G25A SP 9.00 9.00 01
16/04/2015 12:32 Dry
12:32 3.85 26/05/2015 14:30 3.81
G22 SP 3.00 3.00 02
DRY
G22 SPIE 8.50 8.50 01 16/04/2015
15/04/2015 12:10 Dry 27/05/2015 15:25
27/05/2015 15:25 DRY
G1B SP 3.00 3.00 02
15/04/2015 12:00 Dry
12:45 1.76 26/05/2015 12:10 1.83
G1B SPIE 9.50 9.50 01
2.87
G18 SPIE 4.50 4.50 01 16/04/2015
16/04/2015 10:50 2.91 26/05/2015 10:27
26/05/2015 10:28 2.86
G16 SP 10.50 10.50 02
16/04/2015 10:51 2.90
10:03 2.64 26/05/2015 09:47 2.41
G16 SPIE 26.00 26.00 01
6.31
G15 SPIE 10.00 10.00 02 16/04/2015
16/04/2015 09:59 7.43 26/05/2015 09:45
27/05/2015 10:10 7.49
G15 SPIE 27.00 27.00 01
14/04/2015 12:52 7.90
12:33 Dry 27/05/2015 10:47 DRY
G11A SPIE 29.00 29.00 01
7.12
G10A SPIE 5.00 5.00 02 14/04/2015
14/04/2015 12:16 7.20 27/05/2015 10:48
27/05/2015 14:10 1.84
G10A SP 16.00 16.00 01
16/04/2015 13:15 1.83
14:10 1.87 28/05/2015 09:53 1.92
EB5 SP 6.00 6.00 01
4.27
EB3A SP 4.00 4.00 02 15/04/2015
15/04/2015 14:55 4.28 28/05/2015 09:55
27/05/2015 13:25 DRY
EB3A SP 15.00 15.00 01
15/04/2015 17:15 Dry
hh:mm m dd/mm/yyyy hh:mm m
EB2 SP 2.00 2.00 01
Time Reading Date Time Reading
m m dd/mm/yyyy hh:mm m
Monitoring
point depth
IDDate Time Reading Date
dd/mm/yyyy
Monitoring point depth for piezometers = tip depth, for standpipes = base of response zone
COMMENTS
Exploratory Hole ID
Installation Details Recorded Water Level
Type
Depth to base
of pipe
06Client Atkins Ltd
NOTES: SPIE=Piezometer, SP=Standpipe
For multiple installations at the same depth, use different Installation IDs. Otherwise, the field is optional.
Project Name Silvertown Tunnel Groundwater
Readings For
InstallationsProject No. TA7510
Engineer Atkins Ltd Table No.
Notes Type of Sampling Point:
For double gas valves, record valves separately, using separate Monitoring Point ID
m
m m
m
DRY DRY DRY DRY
1030 1011 1014 1023
-14 <1 <1 <1
2.04 2.04 2.04 2.04
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
1.8 1.6 1.7 1.9
0.3 1.7 2.8 7.3
<1 <1 1 <1
<1 <1 <1 <1
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
1.6 1.4 1.7 1.9
0.3 2.2 2.8 7.3
<1 <1 1 3
<1 <1 <1 <1
0.2 0.4 0.5 0.4
Equipment Serial Number
Monitored By
Comments
Form No. Revision No.
RP RP/IH
2.06 Issue Date
7
Equipment Type
Equipment Last Calibrated
G501940 G501940
ppm
16:57:00
%v/v
13:19:00
N/A
ppm
ppm
1
86
Gas Flow
3
08:46:00
08:43:00
14:43:00 17:03:00
0.1
31/03/2015
1
1
%v/v
%v/v
1ppm
hh:mm:ss N/A
0.1
CH4: (LEL) Steady State
0.1
%
%v/v
%v/v
hh:mm:ss
0.1
N/A
1
0.1
Cloud
13:17:00
SunnySunny
17/03/2014 06/03/2015 06/03/2015 06/03/2015
Cloud
GA5000
Project No.
0.01
Engineer
Client
TA7510
Measured Parameter
Date
Units
14:37:00hh:mm:ss
l/hr
27/01/2014
GA5000 GA5000 GA5000
JC / DB JC / DA
G501940 G501940
SE-EMS-F-002
Weather Conditions:
m 0.01
m
mb
mb
1
1
H2S: Peak
Hole ID
EB2
07
Table No.
14:40:00
4 5
Project Name Silvertown Tunnel Record Of Gas
Monitoring
16:50:00
27/05/2015
13:15:00
Atkins Ltd
Atkins Ltd
N/A
1
%v/v
%
CO: Steady State
CO2: Steady State
1
O2: Steady State
CH4: Steady State
0.1
0.1
15/04/2015
2.00
0.50
Detection
Limit
2
N/A
GMP = Gas Monitoring Point, GMP+SP = Gas Monitoring Point and Standpipe, GMP+SPIE
= Gas Monitoring Point and Standpipe Piezometer, GMP+GWMP = Gas Monitoring Point
and Groundwater Monitoring Point
01Monitoring Point ID
2.00
2.00Base of response zone
Initial base depth of installationSP+GMP
Distance to monitoring point
Top of response zone
Time of initial readings
Water Level
Monitoring round no. N/A
dd/mm/yyyy
Well Type
Atmospheric pressure
CO2: Peak
Time of Steady readings
Time of 'Peak' readings
Base depth of installation at
time of monitoring
CH4: (LEL) Peak
O2: Minimum
H2S: Steady State
Part of the Bachy Soletanche Group
10/02/2015
08:42:00
Relative pressure
CH4: Peak
CO: Peak
Notes Type of Sampling Point:
For double gas valves, record valves separately, using separate Monitoring Point ID
m
m m
m
1.80 1.87 1.87 1.92
1030 1011 1016 1013
<1 <1 <1 <1
4.12 4.12 4.12 4.12
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
5.8 5.6 4.4 6.2
13.1 10.6 13.2 13.5
<1 <1 <1 <1
<1 <1 <1 1
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
5.8 6.9 4.4 6.2
13.1 9.9 13.2 13.5
<1 <1 <1 <1
<1 <1 <1 <1
0.3 0.4 0.3 0.2
Equipment Serial Number
Monitored By
Comments
Form No. Revision No.SE-EMS-F-002 2.06 Issue Date 27/01/2014 Part of the Bachy Soletanche Group
RP RP/IH JC / DB JC / DA
Equipment Last Calibrated 17/03/2014 06/03/2015 06/03/2015 06/03/2015
G501940 G501940 G501940 G501940
Equipment Type GA5000 GA5000 GA5000 GA5000
Weather Conditions: Cloud Cloud Sunny Sunny
H2S: Steady State ppm 1
Gas Flow l/hr 0.1
O2: Steady State %v/v 0.1
CO: Steady State ppm 1
CH4: Steady State %v/v 0.1
CO2: Steady State %v/v 0.1
09:46:00
CH4: (LEL) Steady State % 1
Time of Steady readings hh:mm:ss N/A 09:07:00 14:56:00 14:10:00
CO: Peak ppm 1
H2S: Peak ppm 1
CO2: Peak %v/v 0.1
O2: Minimum %v/v 0.1
CH4: (LEL) Peak % 1
CH4: Peak %v/v 0.1
09:04:00 14:54:00 14:05:00 09:42:00
Base depth of installation at
time of monitoringm 0.01
Time of 'Peak' readings hh:mm:ss N/A
Atmospheric pressure mb 1
Relative pressure mb 1
Water Level m 0.01
Time of initial readings hh:mm:ss
7 8
N/A 09:01:00 14:50:00 14:00:00
15/04/2015 28/05/2015
09:40:00
Detection
Limit
Monitoring round no. 4 5 6
Top of response zone 1.00 Base of response zone
Date dd/mm/yyyy N/A 10/02/2015 31/03/2015
Measured Parameter Units
4.00
07Client Atkins Ltd
GMP = Gas Monitoring Point, GMP+SP = Gas Monitoring Point and Standpipe, GMP+SPIE
= Gas Monitoring Point and Standpipe Piezometer, GMP+GWMP = Gas Monitoring Point
and Groundwater Monitoring Point
N/A N/A 1 2 3
Distance to monitoring point 4.00 Monitoring Point ID 02
4.00
Well Type SP+GMP Initial base depth of installation
Project Name Silvertown Tunnel Record Of Gas
Monitoring
Hole ID
EB3AProject No. TA7510
Engineer Atkins Ltd Table No.
Notes Type of Sampling Point:
For double gas valves, record valves separately, using separate Monitoring Point ID
m
m m
m
1.67 1.84 1.83 1.84
1029 1008 1016 1022
<1 <1 <1 <1
5.94 5.94 5.94 5.94
NR NR NR NR
<0.1 <0.1 <0.1 <1
0.6 0.1 0.1 0.1
7.9 20.7 20.5 17.9
<1 <1 <1 3
<1 <1 <1 <1
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
0.6 0.1 0.1 0.1
8.1 20.7 20.6 18.3
<1 <1 <1 3
<1 <1 <1 <1
-0.6 0.0 0.5 0.3
Equipment Serial Number
Monitored By
Comments
Form No. Revision No.SE-EMS-F-002 2.06 Issue Date 27/01/2014 Part of the Bachy Soletanche Group
RP RP/IH JC / DB JC / DA
Equipment Last Calibrated 17/03/2014 06/03/2015 06/03/2015 06/03/2015
G501940 G501940 G501940 G501940
Equipment Type GA5000 GA5000 GA5000 GA5000
Weather Conditions: Cloud Cloud Sunny Sunny
H2S: Steady State ppm 1
Gas Flow l/hr 0.1
O2: Steady State %v/v 0.1
CO: Steady State ppm 1
CH4: Steady State %v/v 0.1
CO2: Steady State %v/v 0.1
14:04:00
CH4: (LEL) Steady State % 1
Time of Steady readings hh:mm:ss N/A 12:43:00 11:23:00 13:10:00
CO: Peak ppm 1
H2S: Peak ppm 1
CO2: Peak %v/v 0.1
O2: Minimum %v/v 0.1
CH4: (LEL) Peak % 1
CH4: Peak %v/v 0.1
12:42:00 11:21:00 13:05:00 14:02:00
Base depth of installation at
time of monitoringm 0.01
Time of 'Peak' readings hh:mm:ss N/A
Atmospheric pressure mb 1
Relative pressure mb 1
Water Level m 0.01
Time of initial readings hh:mm:ss
7 8
N/A 12:40:00 11:20:00 13:00:00
16/04/2015 27/05/2015
14:00:00
Detection
Limit
Monitoring round no. 4 5 6
Top of response zone 1.00 Base of response zone
Date dd/mm/yyyy N/A 10/02/2015 31/03/2015
Measured Parameter Units
6.00
07Client Atkins Ltd
GMP = Gas Monitoring Point, GMP+SP = Gas Monitoring Point and Standpipe, GMP+SPIE
= Gas Monitoring Point and Standpipe Piezometer, GMP+GWMP = Gas Monitoring Point
and Groundwater Monitoring Point
N/A N/A 1 2 3
Distance to monitoring point 6.00 Monitoring Point ID 01
6.00
Well Type SP Initial base depth of installation
Project Name Silvertown Tunnel Record Of Gas
Monitoring
Hole ID
EB5Project No. TA7510
Engineer Atkins Ltd Table No.
Notes Type of Sampling Point:
For double gas valves, record valves separately, using separate Monitoring Point ID
m
m m
m
7.07 7.25 7.20 7.12
1029 1011 1025 1023
<1 <1 1 <1
16.00 16.00 16.00 0.67
NR NR NR NR
4.7 0.4 0.5 0.8
3.8 0.5 0.5 1.0
18.0 20.8 20.0 20.1
<1 <1 <1 <1
<1 <1 1 1
NR NR NR NR
1.3 <0.1 0.1 <0.1
1.6 <0.1 0.1 0.2
19.1 21.2 20.2 20.5
<1 <1 <1 <1
<1 <1 1 <1
<0.1 0.4 0.5 0.3
Equipment Serial Number
Monitored By
Comments
Form No. Revision No.SE-EMS-F-002 2.06 Issue Date 27/01/2014 Part of the Bachy Soletanche Group
RP RP/IH IH / JC JC / DA
Equipment Last Calibrated 17/03/2014 06/03/2015 06/03/2015 06/03/2015
G501940 G501940 G501940 G501940
Equipment Type GA5000 GA5000 GA5000 GA5000
Weather Conditions: Sunny Cloud Sunny Sunny
H2S: Steady State ppm 1
Gas Flow l/hr 0.1
O2: Steady State %v/v 0.1
CO: Steady State ppm 1
CH4: Steady State %v/v 0.1
CO2: Steady State %v/v 0.1
10:38:00
CH4: (LEL) Steady State % 1
Time of Steady readings hh:mm:ss N/A 15:20:00 14:12:00 12:08:00
CO: Peak ppm 1
H2S: Peak ppm 1
CO2: Peak %v/v 0.1
O2: Minimum %v/v 0.1
CH4: (LEL) Peak % 1
CH4: Peak %v/v 0.1
15:18:00 14:10:00 12:06:00 10:35:00
Base depth of installation at
time of monitoringm 0.01
Time of 'Peak' readings hh:mm:ss N/A
Atmospheric pressure mb 1
Relative pressure mb 1
Water Level m 0.01
Time of initial readings hh:mm:ss
7 8
N/A 15:17:00 14:09:00 11:59:00
14/04/2015 29/05/2015
10:30:00
Detection
Limit
Monitoring round no. 4 5 6
Top of response zone 14.50 Base of response zone
Date dd/mm/yyyy N/A 09/02/2015 31/03/2015
Measured Parameter Units
16.00
07Client Atkins Ltd
GMP = Gas Monitoring Point, GMP+SP = Gas Monitoring Point and Standpipe, GMP+SPIE
= Gas Monitoring Point and Standpipe Piezometer, GMP+GWMP = Gas Monitoring Point
and Groundwater Monitoring Point
N/A N/A 1 2 3
Distance to monitoring point 16.00 Monitoring Point ID 01
16.00
Well Type SP+GMP Initial base depth of installation
Project Name Silvertown Tunnel Record Of Gas
Monitoring
Hole ID
G10AProject No. TA7510
Engineer Atkins Ltd Table No.
Notes Type of Sampling Point:
For double gas valves, record valves separately, using separate Monitoring Point ID
m
m m
m
3.17 2.93 2.91 2.87
1030 1010 1015 1022
<1 <1 <1 <1
10.28 10.28 10.28 10.28
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
0.2 0.1 0.3 0.3
20.0 20.7 20.6 20.4
<1 1 1 1
<1 <1 <1 <1
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
0.2 0.1 0.2 0.2
20.8 20.7 20.7 20.5
<1 1 <1 <1
<1 <1 <1 <1
0.1 <0.1 0.5 2.1
Equipment Serial Number
Monitored By
Comments
Form No. Revision No.SE-EMS-F-002 2.06 Issue Date 27/01/2014 Part of the Bachy Soletanche Group
RP RP/IH JC / DB
Equipment Last Calibrated 17/03/2014 06/03/2015 06/03/2015
G501940 G501940 G501940
Equipment Type GA5000 GA5000 GA5000
Weather Conditions: Cloud Cloud Sunny
H2S: Steady State ppm 1
Gas Flow l/hr 0.1
O2: Steady State %v/v 0.1
CO: Steady State ppm 1
CH4: Steady State %v/v 0.1
CO2: Steady State %v/v 0.1
10:24:00
CH4: (LEL) Steady State % 1
Time of Steady readings hh:mm:ss N/A 11:18:00 11:58:00 10:45:00
CO: Peak ppm 1
H2S: Peak ppm 1
CO2: Peak %v/v 0.1
O2: Minimum %v/v 0.1
CH4: (LEL) Peak % 1
CH4: Peak %v/v 0.1
11:15:00 11:57:00 10:40:00 10:22:00
Base depth of installation at
time of monitoringm 0.01
Time of 'Peak' readings hh:mm:ss N/A
Atmospheric pressure mb 1
Relative pressure mb 1
Water Level m 0.01
Time of initial readings hh:mm:ss
7 8
N/A 11:14:00 11:55:00 10:35:00
16/04/2015 26/05/2015
10:19:00
Detection
Limit
Monitoring round no. 4 5 6
Top of response zone 7.00 Base of response zone
Date dd/mm/yyyy N/A 10/02/2015 31/03/2015
Measured Parameter Units
10.50
07Client Atkins Ltd
GMP = Gas Monitoring Point, GMP+SP = Gas Monitoring Point and Standpipe, GMP+SPIE
= Gas Monitoring Point and Standpipe Piezometer, GMP+GWMP = Gas Monitoring Point
and Groundwater Monitoring Point
N/A N/A 1 2 3
Distance to monitoring point 10.50 Monitoring Point ID 02
10.50
Well Type SP+GMP Initial base depth of installation
Project Name Silvertown Tunnel Record Of Gas
Monitoring
Hole ID
G16Project No. TA7510
Engineer Atkins Ltd Table No.
Notes Type of Sampling Point:
For double gas valves, record valves separately, using separate Monitoring Point ID
m
m m
m
DRY DRY DRY DRY
1029 1010 1017 1022
<1 -1 <1 <1
3.10 3.10 3.10 3.10
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
2.8 6.7 6.7 6.7
5.6 3.6 5.5 5.4
w <1 <1 <1
<1 <1 <1 <1
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
0.6 6.7 6.7 6.7
8.1 3.6 5.5 5.4
<1 <1 <1 <1
<1 <1 <1 <1
-0.6 0.4 0.2 0.2
Equipment Serial Number
Monitored By
Comments
Form No. Revision No.SE-EMS-F-002 2.06 Issue Date 27/01/2014 Part of the Bachy Soletanche Group
RP RP/IH JC / DB JC / DA
Equipment Last Calibrated 17/03/2014 06/03/2015 06/03/2015 06/03/2015
G501940 G501940 G501940 G501940
Equipment Type GA5000 GA5000 GA5000 GA5000
Weather Conditions: Sunny Cloud Sunny Sunny
H2S: Steady State ppm 1
Gas Flow l/hr 0.1
O2: Steady State %v/v 0.1
CO: Steady State ppm 1
CH4: Steady State %v/v 0.1
CO2: Steady State %v/v 0.1
15:17:00
CH4: (LEL) Steady State % 1
Time of Steady readings hh:mm:ss N/A 11:15:00 13:12:00 12:25:00
CO: Peak ppm 1
H2S: Peak ppm 1
CO2: Peak %v/v 0.1
O2: Minimum %v/v 0.1
CH4: (LEL) Peak % 1
CH4: Peak %v/v 0.1
11:00:00 13:11:00 12:20:00 15:13:00
Base depth of installation at
time of monitoringm 0.01
Time of 'Peak' readings hh:mm:ss N/A
Atmospheric pressure mb 1
Relative pressure mb 1
Water Level m 0.01
Time of initial readings hh:mm:ss
7 8
N/A 13:28:00 13:09:00 12:18:00
15/04/2015 27/05/2015
15:10:00
Detection
Limit
Monitoring round no. 4 5 6
Top of response zone 1.00 Base of response zone
Date dd/mm/yyyy N/A 09/02/2015 31/03/2015
Measured Parameter Units
3.00
07Client Atkins Ltd
GMP = Gas Monitoring Point, GMP+SP = Gas Monitoring Point and Standpipe, GMP+SPIE
= Gas Monitoring Point and Standpipe Piezometer, GMP+GWMP = Gas Monitoring Point
and Groundwater Monitoring Point
N/A N/A 1 2 3
Distance to monitoring point 3.00 Monitoring Point ID 02
3.00
Well Type SP Initial base depth of installation
Project Name Silvertown Tunnel Record Of Gas
Monitoring
Hole ID
G1BProject No. TA7510
Engineer Atkins Ltd Table No.
Notes Type of Sampling Point:
For double gas valves, record valves separately, using separate Monitoring Point ID
m
m m
m
Dry DRY DRY DRY
1028 1007 1015 1023
-15 -1 <1 <1
2.60 2.60 2.60 2.60
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
2.8 3.6 4.6 5.5
7.3 3.0 1.2 0.3
<1 <1 <1 3
<1 <1 <1 1
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
1.3 1.3 2.1 5.5
13.4 14.5 11.9 0.3
17 1 1 2
<1 <1 <1 1
<0.1 0.6 0.8 1.8
Equipment Serial Number
Monitored By
Comments
Form No. Revision No.SE-EMS-F-002 2.06 Issue Date 27/01/2014 Part of the Bachy Soletanche Group
RP RP/IH JC / DB JC / DA
Equipment Last Calibrated 17/03/2014 06/03/2015 06/03/2015 06/03/2015
G501940 G501940 G501940 G501940
Equipment Type GA5000 GA5000 GA5000 GA5000
Weather Conditions: Cloud Cloud Sunny Sunny
H2S: Steady State ppm 1
Gas Flow l/hr 0.1
O2: Steady State %v/v 0.1
CO: Steady State ppm 1
CH4: Steady State %v/v 0.1
CO2: Steady State %v/v 0.1
14:16:00
CH4: (LEL) Steady State % 1
Time of Steady readings hh:mm:ss N/A 12:30:00 10:08:00 12:28:00
CO: Peak ppm 1
H2S: Peak ppm 1
CO2: Peak %v/v 0.1
O2: Minimum %v/v 0.1
CH4: (LEL) Peak % 1
CH4: Peak %v/v 0.1
12:28:00 11:05:00 12:23:00 14:13:00
Base depth of installation at
time of monitoringm 0.01
Time of 'Peak' readings hh:mm:ss N/A
Atmospheric pressure mb 1
Relative pressure mb 1
Water Level m 0.01
Time of initial readings hh:mm:ss
7 8
N/A 12:24:00 11:03:00 12:20:00
16/04/2015 26/05/2015
14:10:00
Detection
Limit
Monitoring round no. 4 5 6
Top of response zone 1.00 Base of response zone
Date dd/mm/yyyy N/A 10/02/2015 31/03/2015
Measured Parameter Units
3.00
07Client Atkins Ltd
GMP = Gas Monitoring Point, GMP+SP = Gas Monitoring Point and Standpipe, GMP+SPIE
= Gas Monitoring Point and Standpipe Piezometer, GMP+GWMP = Gas Monitoring Point
and Groundwater Monitoring Point
N/A N/A 1 2 3
Distance to monitoring point 3.00 Monitoring Point ID 02
3.00
Well Type SP+GMP Initial base depth of installation
Project Name Silvertown Tunnel Record Of Gas
Monitoring
Hole ID
G22Project No. TA7510
Engineer Atkins Ltd Table No.
Notes Type of Sampling Point:
For double gas valves, record valves separately, using separate Monitoring Point ID
m
m m
m
3.42 3.40 3.49 3.52
1029 1009 1015 1022
<1 <1 <1 <1
9.10 9.10 9.10 9.10
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
1.8 1.9 1.4 2.3
15.3 13.8 14.9 14.5
<1 <1 <1 <1
<1 1 1 1
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
1.8 1.9 1.4 2.3
15.3 13.8 14.9 14.5
<1 <1 <1 <1
<1 1 1 <1
0.4 -0.2 0.6 0.4
Equipment Serial Number
Monitored By
Comments
Form No. Revision No.SE-EMS-F-002 2.06 Issue Date 27/01/2014 Part of the Bachy Soletanche Group
RP RP/IH JC / DB JC / DA
Equipment Last Calibrated 17/03/2014 06/03/2015 06/03/2015 06/03/2015
G501940 G501940 G501940 G501940
Equipment Type GA5000 GA5000 GA5000 GA5000
Weather Conditions: Cloud Snow Sunny Sunny
H2S: Steady State ppm 1
Gas Flow l/hr 0.1
O2: Steady State %v/v 0.1
CO: Steady State ppm 1
CH4: Steady State %v/v 0.1
CO2: Steady State %v/v 0.1
11:24:00
CH4: (LEL) Steady State % 1
Time of Steady readings hh:mm:ss N/A 10:52:00 13:40:00 13:55:00
CO: Peak ppm 1
H2S: Peak ppm 1
CO2: Peak %v/v 0.1
O2: Minimum %v/v 0.1
CH4: (LEL) Peak % 1
CH4: Peak %v/v 0.1
10:49:00 11:36:00 13:50:00 11:20:00
Base depth of installation at
time of monitoringm 0.01
Time of 'Peak' readings hh:mm:ss N/A
Atmospheric pressure mb 1
Relative pressure mb 1
Water Level m 0.01
Time of initial readings hh:mm:ss
7 8
N/A 10:47:00 11:33:00 13:45:00
16/04/2015 29/05/2015
11:18:00
Detection
Limit
Monitoring round no. 4 5 6
Top of response zone 1.30 Base of response zone
Date dd/mm/yyyy N/A 10/02/2015 31/03/2015
Measured Parameter Units
9.00
07Client Atkins Ltd
GMP = Gas Monitoring Point, GMP+SP = Gas Monitoring Point and Standpipe, GMP+SPIE
= Gas Monitoring Point and Standpipe Piezometer, GMP+GWMP = Gas Monitoring Point
and Groundwater Monitoring Point
N/A N/A 1 2 3
Distance to monitoring point 9.00 Monitoring Point ID 01
9.00
Well Type SP+GMP Initial base depth of installation
Project Name Silvertown Tunnel Record Of Gas
Monitoring
Hole ID
G25AProject No. TA7510
Engineer Atkins Ltd Table No.
Notes Type of Sampling Point:
For double gas valves, record valves separately, using separate Monitoring Point ID
m
m m
m
3.54 3.58 3.56 3.59
1029 1011 1017 1023
<1 <1 <1 <1
12.35 12.35 12.35 12.35
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
4.6 <0.1 2.7 0.8
18.6 21.0 20.2 19.9
<1 <1 <1 1
<1 <1 <1 <1
NR NR <1 NR
<0.1 <0.1 <0.1 <0.1
0.5 <0.1 0.6 0.4
20.3 21.0 20.6 20.3
<1 <1 <1 1
<1 <1 <1 <1
<0.1 0.1 0.3 5.1
Equipment Serial Number
Monitored By
Comments
Form No. Revision No.SE-EMS-F-002 2.06 Issue Date 27/01/2014 Part of the Bachy Soletanche Group
RP RP/IH JC / DB JC / DB
Equipment Last Calibrated 17/03/2014 06/03/2015 06/03/2015 06/03/2015
G501940 G501940 G501940 G501940
Equipment Type GA5000 GA5000 GA5000 GA5000
Weather Conditions: Sunny Cloud Sunny Sunny
H2S: Steady State ppm 1
Gas Flow l/hr 0.1
O2: Steady State %v/v 0.1
CO: Steady State ppm 1
CH4: Steady State %v/v 0.1
CO2: Steady State %v/v 0.1
15:09:00
CH4: (LEL) Steady State % 1
Time of Steady readings hh:mm:ss N/A 14:46:00 13:43:00 08:52:00
CO: Peak ppm 1
H2S: Peak ppm 1
CO2: Peak %v/v 0.1
O2: Minimum %v/v 0.1
CH4: (LEL) Peak % 1
CH4: Peak %v/v 0.1
14:41:00 13:42:00 08:45:00 15:07:00
Base depth of installation at
time of monitoringm 0.01
Time of 'Peak' readings hh:mm:ss N/A
Atmospheric pressure mb 1
Relative pressure mb 1
Water Level m 0.01
Time of initial readings hh:mm:ss
7 8
N/A 14:40:00 13:40:00 08:40:00
15/04/2015 26/05/2015
15:05:00
Detection
Limit
Monitoring round no. 4 5 6
Top of response zone 5.00 Base of response zone
Date dd/mm/yyyy N/A 09/02/2015 31/03/2015
Measured Parameter Units
12.00
07Client Atkins Ltd
GMP = Gas Monitoring Point, GMP+SP = Gas Monitoring Point and Standpipe, GMP+SPIE
= Gas Monitoring Point and Standpipe Piezometer, GMP+GWMP = Gas Monitoring Point
and Groundwater Monitoring Point
N/A N/A 1 2 3
Distance to monitoring point 12.00 Monitoring Point ID 01
12.00
Well Type SP+GMP Initial base depth of installation
Project Name Silvertown Tunnel Record Of Gas
Monitoring
Hole ID
G4Project No. TA7510
Engineer Atkins Ltd Table No.
Notes Type of Sampling Point:
For double gas valves, record valves separately, using separate Monitoring Point ID
m
m m
m
3.66 3.80 3.65 3.71
1030 1011 1017 1024
<1 <1 <1 <1
11.10 11.10 11.10 11.10
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
8.0 4.3 1.1 1.3
11.8 15.3 19.6 20.1
<1 <1 1 <1
<1 <1 <1 <1
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
5.4 <0.1 0.5 0.4
14.4 20.8 20.2 20.6
2 <1 1 <1
<1 <1 <1 <1
-4.7 0.4 0.2 0.1
Equipment Serial Number
Monitored By
Comments
Form No. Revision No.SE-EMS-F-002 2.06 Issue Date 27/01/2014 Part of the Bachy Soletanche Group
RP RP/IH JC / DB JC / DA
Equipment Last Calibrated 17/03/2014 06/03/2015 06/03/2015 06/03/2015
G501940 G501940 G501940 G501940
Equipment Type GA5000 GA5000 GA5000 GA5000
Weather Conditions: Cloud Cloud Sunny Sunny
H2S: Steady State ppm 1
Gas Flow l/hr 0.1
O2: Steady State %v/v 0.1
CO: Steady State ppm 1
CH4: Steady State %v/v 0.1
CO2: Steady State %v/v 0.1
09:11:00
CH4: (LEL) Steady State % 1
Time of Steady readings hh:mm:ss N/A 08:27:00 13:37:00 12:55:00
CO: Peak ppm 1
H2S: Peak ppm 1
CO2: Peak %v/v 0.1
O2: Minimum %v/v 0.1
CH4: (LEL) Peak % 1
CH4: Peak %v/v 0.1
08:23:00 13:27:00 12:50:00 09:08:00
Base depth of installation at
time of monitoringm 0.01
Time of 'Peak' readings hh:mm:ss N/A
Atmospheric pressure mb 1
Relative pressure mb 1
Water Level m 0.01
Time of initial readings hh:mm:ss
7 8
N/A 08:21:00 13:26:00 12:44:00
15/04/2015 27/05/2015
09:05:00
Detection
Limit
Monitoring round no. 4 5 6
Top of response zone 3.00 Base of response zone
Date dd/mm/yyyy N/A 10/02/2015 31/03/2015
Measured Parameter Units
11.00
07Client Atkins Ltd
GMP = Gas Monitoring Point, GMP+SP = Gas Monitoring Point and Standpipe, GMP+SPIE
= Gas Monitoring Point and Standpipe Piezometer, GMP+GWMP = Gas Monitoring Point
and Groundwater Monitoring Point
N/A N/A 1 2 3
Distance to monitoring point 11.00 Monitoring Point ID 01
11.00
Well Type SP+GMP Initial base depth of installation
Project Name Silvertown Tunnel Record Of Gas
Monitoring
Hole ID
G5Project No. TA7510
Engineer Atkins Ltd Table No.
Notes Type of Sampling Point:
For double gas valves, record valves separately, using separate Monitoring Point ID
m
m m
m
4.55 4.66 4.57 4.58
1029 1011 1015 1024
<1 <1 <1 <1
11.65 11.65 11.65 11.65
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
0.6 0.2 0.3 0.4
18.9 20.5 19.4 17.2
1 <1 1 4
<1 <1 1 1
NR NR NR NR
<0.1 <0.1 <0.1 <0.1
0.5 0.1 0.3 0.4
19.1 20.9 19.5 17.5
<1 <1 1 4
<1 <1 1 1
1.8 0.3 4.2 4.9
Equipment Serial Number
Monitored By
Comments
Form No. Revision No.SE-EMS-F-002 2.06 Issue Date 27/01/2014 Part of the Bachy Soletanche Group
RP RP/IH JC / DB JC / DA
Equipment Last Calibrated 17/03/2014 06/03/2015 06/03/2015 06/03/2015
G501940 G501940 G501940 G501940
Equipment Type GA5000 GA5000 GA5000 GA5000
Weather Conditions: Sunny Cloud Sunny Sunny
H2S: Steady State ppm 1
Gas Flow l/hr 0.1
O2: Steady State %v/v 0.1
CO: Steady State ppm 1
CH4: Steady State %v/v 0.1
CO2: Steady State %v/v 0.1
12:49:00
CH4: (LEL) Steady State % 1
Time of Steady readings hh:mm:ss N/A 16:05:00 14:27:00 15:46:00
CO: Peak ppm 1
H2S: Peak ppm 1
CO2: Peak %v/v 0.1
O2: Minimum %v/v 0.1
CH4: (LEL) Peak % 1
CH4: Peak %v/v 0.1
16:04:00 14:24:00 15:43:00 12:47:00
Base depth of installation at
time of monitoringm 0.01
Time of 'Peak' readings hh:mm:ss N/A
Atmospheric pressure mb 1
Relative pressure mb 1
Water Level m 0.01
Time of initial readings hh:mm:ss
7 8
N/A 16:00:00 14:22:00 15:40:00
15/04/2015 27/05/2015
12:45:00
Detection
Limit
Monitoring round no. 4 5 6
Top of response zone 7.00 Base of response zone
Date dd/mm/yyyy N/A 09/02/2015 31/03/2015
Measured Parameter Units
12.00
07Client Atkins Ltd
GMP = Gas Monitoring Point, GMP+SP = Gas Monitoring Point and Standpipe, GMP+SPIE
= Gas Monitoring Point and Standpipe Piezometer, GMP+GWMP = Gas Monitoring Point
and Groundwater Monitoring Point
N/A N/A 1 2 3
Distance to monitoring point 12.00 Monitoring Point ID 02
12.00
Well Type SP+GMP Initial base depth of installation
Project Name Silvertown Tunnel Record Of Gas
Monitoring
Hole ID
G7Project No. TA7510
Engineer Atkins Ltd Table No.
Notes Type of Sampling Point:
For double gas valves, record valves separately, using separate Monitoring Point ID
m
m m
m
4.98 4.96 4.79
1029 1014 1024
<1 <1 <1
21.80 21.80 21.80
NR NR NR
<0.1 <0.1 <0.1
1.5 0.6 0.6
17.3 16.1 15.7
<1 <1 4
<1 <1 1
NR NR NR
<0.1 <0.1 <0.1
0.1 0.1 0.2
20.3 20.3 18.3
<1 <1 4
<1 <1 1
0.1 2.6 13.3
Equipment Serial Number
Monitored By
Comments
Form No. Revision No.SE-EMS-F-002 2.06 Issue Date 27/01/2014 Part of the Bachy Soletanche Group
RP JC / DB JC / DA
Equipment Last Calibrated 17/03/2014 06/03/2015 06/03/2015
G501940 G501940 G501940
Equipment Type GA5000 GA5000 GA5000
Weather Conditions: Sunny Sunny Sunny
H2S: Steady State ppm 1
Gas Flow l/hr 0.1
O2: Steady State %v/v 0.1
CO: Steady State ppm 1
CH4: Steady State %v/v 0.1
CO2: Steady State %v/v 0.1
CH4: (LEL) Steady State % 1
Time of Steady readings hh:mm:ss N/A 15:50:00 15:35:00 12:34:00
CO: Peak ppm 1
H2S: Peak ppm 1
CO2: Peak %v/v 0.1
O2: Minimum %v/v 0.1
CH4: (LEL) Peak % 1
CH4: Peak %v/v 0.1
15:48:00 15:30:00 12:32:00
Base depth of installation at
time of monitoringm 0.01
Time of 'Peak' readings hh:mm:ss N/A
Atmospheric pressure mb 1
Relative pressure mb 1
Water Level m 0.01
Time of initial readings hh:mm:ss
7 8
N/A 15:47:00 15:25:00 12:30:00
29/05/2015
Detection
Limit
Monitoring round no. 4 5 6
Top of response zone 21.00 Base of response zone
Date dd/mm/yyyy N/A 09/02/2015 15/04/2015
Measured Parameter Units
21.80
07Client Atkins Ltd
GMP = Gas Monitoring Point, GMP+SP = Gas Monitoring Point and Standpipe, GMP+SPIE
= Gas Monitoring Point and Standpipe Piezometer, GMP+GWMP = Gas Monitoring Point
and Groundwater Monitoring Point
N/A N/A 1 2 3
Distance to monitoring point 22.50 Monitoring Point ID 01
23.00
Well Type SPIE+GMP Initial base depth of installation
Project Name Silvertown Tunnel Record Of Gas
Monitoring
Hole ID
G7Project No. TA7510
Engineer Atkins Ltd Table No.
Notes Type of Sampling Point:
mbgl
mbgl
Weather Conditions:
Equipment Used (list):
Equipment Last Calibrated (respective to list above):
Comments
Monitored By:
Form No. Revision No.SE-PGR-F-012 2.05 Issue Date 24/01/2014 Part of the Bachy Soletanche Group
RP/IH
Date: 31/03/2015
Overcast / Sunny
Volume of water
purgedlitres 0.01 NR NR
Turbidity ftu 0.01 NR NR
Redox Potential
(ORP)mV 1 NR NR
Dissolved Oxygen % 0.01 NR NR
Conductivity µS/cm 0.01 NR NR
Temperature °C 0.01 NR NR
pH pH Units 0.01 NR NR
DNAPL m 0.01 NR NR
LNAPL m 0.01 NR NR
Water Level m 0.01 DRY Dry
Time of initial
readinghh:mm N/A 14:45 17:15
Datedd/mm/
yyyyN/A 31/03/2015 15/04/2015
Well volume N/A N/A
Monitoring round
no.N/A N/A 1 2
Measured
ParameterUnits
Detection
Limit
Depth to base of installation 16.30
Distance to monitoring point from datum 2.00 Monitoring Point ID 1
08Client Atkins
OB = Open Borehole, SP = Standpipe, SPIE = Piezometer, GMP = Gas monitoring point,
GWP = Groundwater monitoring point, SS = Surface Sample, NR = Not Recorded
Well Type Standpipe
Project Name Silvertown Tunnel Record Of In-Situ
Water Monitoring
Hole ID
EB2AProject No. TA7510
Engineer Atkins Table no.
Notes Type of Sampling Point:
mbgl
mbgl
Weather Conditions:
Equipment Used (list):
Equipment Last Calibrated (respective to list above):
Comments
Monitored By:
Form No. Revision No.SE-PGR-F-012 2.05 Issue Date 24/01/2014 Part of the Bachy Soletanche Group
RP/IH
Date: 31/03/2015
Overcast / Sunny
NB - Interface probe sensors covered / obscured with tar.
Volume of water
purgedlitres 0.01 NR NR
Turbidity ftu 0.01 NR NR
Redox Potential
(ORP)mV 1 NR NR
Dissolved Oxygen % 0.01 NR NR
Conductivity µS/cm 0.01 NR NR
Temperature °C 0.01 NR NR
pH pH Units 0.01 NR NR
DNAPL m 0.01 <0.01 <0.01
LNAPL m 0.01 <0.01 <0.01
Water Level m 0.01 1.87 1.87
Time of initial
readinghh:mm N/A 14:50 14:30
Datedd/mm/
yyyyN/A 31/03/2015 15/04/2015
Well volume N/A N/A
Monitoring round
no.N/A N/A 1 2
Measured
ParameterUnits
Detection
Limit
Depth to base of installation 4.12
Distance to monitoring point from datum 4.00 Monitoring Point ID 2
08Client Atkins
OB = Open Borehole, SP = Standpipe, SPIE = Piezometer, GMP = Gas monitoring point,
GWP = Groundwater monitoring point, SS = Surface Sample, NR = Not Recorded
Well Type Standpipe
Project Name Silvertown Tunnel Record Of In-Situ
Water Monitoring
Hole ID
EB3AProject No. TA7510
Engineer Atkins Table no.
Notes Type of Sampling Point:
mbgl
mbgl
Weather Conditions:
Equipment Used (list):
Equipment Last Calibrated (respective to list above):
Comments
Monitored By:
Form No. Revision No.SE-PGR-F-012
N/A N/A 1 2
Monitoring Point ID
Measured
ParameterUnits
Detection
Limit
1
Well Type Standpipe
Depth to base of installation 16.30
Distance to monitoring point from datum 16.00
Monitoring round
no.
On visit of 14/04/2015 black tarry material as encountered at the base of hole approx 100mm depth. It was not possible to record
N/A
°C
µS/cm
%
pH
N/A
0.01
0.01
0.01
m
LNAPL
Date
N/A
NR
N/A
NR
NR
14/04/2015
<0.01
NR
<0.01
Hole ID
Issue Date
Project Name Silvertown Tunnel Record Of In-Situ
Water Monitoring
24/01/2014
Project No. G10ATA7510
Atkins
Atkins
2.05
0.01
<0.01
Engineer
Client
OB = Open Borehole, SP = Standpipe, SPIE = Piezometer, GMP = Gas monitoring point,
GWP = Groundwater monitoring point, SS = Surface Sample, NR = Not Recorded
08
Table no.
7.25
31/03/2015
<0.01
NR
14:10
NR
12:16
7.20
NR
NR
NR
NR
1mV
NR0.01
NR
pH Units
NR
ftu
Well volume
hh:mm
dd/mm/
yyyy
Redox Potential
(ORP)
DNAPL
m
m
Temperature
Conductivity
Volume of water
purged
Time of initial
reading
Water Level
Turbidity
Dissolved Oxygen
0.01
0.01
0.01
0.01 NR
Overcast / Sunny
litres
Part of the Bachy Soletanche Group
true depth as material is not compatible with an interface probe. Thickness estimated from staining on diptape.
RP/IH
Date: 31/03/2015
Notes Type of Sampling Point:
mbgl
mbgl
Weather Conditions:
Equipment Used (list):
Equipment Last Calibrated (respective to list above):
Comments
Monitored By:
Form No. Revision No.SE-PGR-F-012 2.05 Issue Date 24/01/2014 Part of the Bachy Soletanche Group
RP/IH
Date: 31/03/2015
Overcast / Sunny
Volume of water
purgedlitres 0.01 NR NR
Turbidity ftu 0.01 NR NR
Redox Potential
(ORP)mV 1 NR NR
Dissolved Oxygen % 0.01 NR NR
Conductivity µS/cm 0.01 NR NR
Temperature °C 0.01 NR NR
pH pH Units 0.01 NR NR
DNAPL m 0.01 <0.01 <0.01
LNAPL m 0.01 <0.01 <0.01
Water Level m 0.01 3.40 3.49
Time of initial
readinghh:mm N/A 11:45 14:00
Datedd/mm/
yyyyN/A 31/03/2015 16/04/2015
Well volume N/A N/A
Monitoring round
no.N/A N/A 1 2
Measured
ParameterUnits
Detection
Limit
Depth to base of installation 9.10
Distance to monitoring point from datum 9.00 Monitoring Point ID 1
08Client Atkins
OB = Open Borehole, SP = Standpipe, SPIE = Piezometer, GMP = Gas monitoring point,
GWP = Groundwater monitoring point, SS = Surface Sample, NR = Not Recorded
Well Type Standpipe
Project Name Silvertown Tunnel Record Of In-Situ
Water Monitoring
Hole ID
G25AProject No. TA7510
Engineer Atkins Table no.