ࡱ > M @ D O N
Oh +'0
8 D P
\ h p x $ pleh leh Normal.dot 18 Microsoft Word 8.0 @ @ T @ 62@ ! r osoft Office 0 % B @ :i +00
՜. +,D ՜. +,X h p
akad ! r X j $ 6 >
_PID_GUID A N { 2 6 8 7 1 5 D 2 - 8 D C 1 - 1 1 D 6 - A D D 8 - 0 0 8 0 C 8 7 C 9 0 D 7 } +00 8=8AB5@AB2> >1@07>20=8O >!!! $ &
>AA89A:0O M:>=><8G5A:0O 0:045<8O 820
0D54@0 B>20@>2545=8O 8 B>20@=>9 M:A?5@B87K
@>3@0<<0 <8=8<C3> M:70 A?5F80;L=>AB8 0 5 . 1 9 . 0 8
">20@>2545=85 ?@>20@>2 8 AK@LO ;53:>9 ?@>AB8
#"
=0 70A540=88 !>25B0 ""
3 0?@5;O 2 0 0 1 3. , ?@>B>:>; ! _ _
@54A540B5;L !>25B0 ""
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ !0A:20 2 0 0 1
@>3@0<2A:8E :C@A0E B5>@88 B>20@>2545=8O, A?5F80;L=KE :C@A0E B>20@>2545=8O 8 M:A?5@B87K =5?@>4>2>;LAB25==KE B>20@>2 A ?@82;5G5=851E>483> 2 E8<88, D878:8, 2545=8O 8 4@.
1 . "5>@8O B>20@>2545=8O
@54<5B 8 4K B>20@>2545=8O. !>45@60=85 B>20@>2545=8O, 0:BC0;L=K5 2>?@>AK 53> @0728B8O =0 A>2@520@>2545=85 =0C:0 > ?>B@518B5;L=>9 AB>8AB8.
#G5=85 > ?>B@518B5;L=>9 AB>8AB8 B>20@>2. >B@518B5;L=0O AB>8ABL 8 ?>B@518B5;LA:85 A2>9AB20 B>20@0. >B@518B5;L=0O AB>8ABL 8 :0G5AB2> B>20@0. >4E>4 : 87CG5=8N ?>B@518B5;L=>9 AB>8AB8.
"5E=8G5A:89 8 A>F80;L=K9 M:A?5@820@>2545=88. 1>1I5==0O ?>B@518B5;L=0O >F5=:0.
AB>@8O 2>7=8:=>25=8O 8 @0728B8O B>20@>2545=8O. !2O7L B>20@>2545=8O A 4@C38<8 =0C:0<8 8 =0CG=K<8 48AF8?;8=0<8. $C=40<5=B0;L=K5 5AB5AB25==K5 =0C:8 ( D878:0, E8<8O, <0B5<0B8:0) :0: 4>;>38G5A:0O >A=>2 B>20@>2545=8O.
;0AA8D8:0F8O 8 0AA>@B84>2>;LAB25==KE B>20@>2 8 AK@LO. 0CG=K5 >A=>2K :;0AA8D8:0F88 8 :>48@>20=8O B>20@>2 =0@>4=>3> ?>B@51;5=8O. !8AB520@>2 8 AK@LO. ;0AA8D8:0B>@K 8 " -.
A>15==>AB8 :;0AA8D8:0F88 B5:AB8;L=KE, H259=KE, B@8:>B06=KE B>20@>2 8 AK@LO 4;O 8E ?@>872>4AB20, :>6525==>- >1C2=KE 8 ?CH=>- 2KE B>20@>2 8 AK@LO 4;O 8E ?@>872>4AB20, M;5:B@>B5E=8G5A:8E B>20@>2, B>20@>2 :C;LBC@=>- 1KB>2>3> 8 E>7O9AB25==>3> =07=0G5=8O, AK@LO 8 2 4;O 8E ?@>872>4AB20. !CI=>ABL :0B53>@88 0AA>@B820@>2 . 84K 0AA>@B820@>2.
0G5AB2> B>20@>2 >A=>2=0O :0B53>@8O B>20@>2545=8O. ?@545;5=85 ?>=OB89: A2>9AB2>, :0G5AB2>, C@>25=L :0G5AB20, ?>:070B5;L :0G5AB20. 84K ?>:070B5;59 :0G5AB20: 548=8G=K9, :>20=8O, ?@54JO2;O520@>2, B5:CI85 8 ?5@A?5:B82=K5. A=>2=K5 D0:B>@K, >?@545;ONI85 :0G5AB2> B>20@>2 2 AD5@5 ?@>872>4AB20 ( 873>B>2;5=8O) , >1@0I5=8O ( B@0=A?>@B8@>2:0, E@0=5=85 8 @50;870F8O) 8 ?>B@51;5=85.
!CI=>ABL AB0=40@B870F88 8 A5@B8D8:0F88 =5?@>4>2>;LAB25==KE B>20@>2 8 AK@LO, 8E F5;8 8 7040G8. !B0=40@B870F8O 8 A5@B8D8:0F8O :0: 206=59H85 D0:B>@K ?>2KH5=8O :0G5AB20 =5?@>4>2>;LAB25==KE B>20@>2 8 AK@LO. 1O70B5;L=0O 8 4>1@>2>;L=0O A5@B8D8:0F8O, A8AB5=B@>;L :0G5AB20 B>20@>2 8 AK@LO, 284K :>=B@>;O, 8E F5;8 8 7040G8. !CI=>ABL 8 2K1>@>G=K9 :>=B@>;L, B@51>20=8O, ?@54JO2;O5@:5 ( ?@>15) . 84K :>=B@>;L=KE 8A?KB0=89. 5B>4K 8AA;54>20=8O 8 :>=B@>;O :0G5AB20 =5?@>4>2>;LAB25==KE B>20@>2 8 AK@LO. @30=>;5?B8G5A:89, 87==K9, @0AG5B=K9 8 A>F8>;>38G5A:89 4K 8AA;54>20=8O :0G5AB20. 5B>4K >F5=:8 C@>2=O :0G5AB20 B>20@>2 8 8E ?@8BK ?@>872>4AB25==KE 8 B>@3>2KE ?@54?@8OB89. !>@B B>20@>2 :0: 3@040F8O ?> :0G5AB2C. 1I85 ?@87=0:8, CG8BK2052;5=88 A>@B>2.
!>2@5 AB@>5=88 8 A2>9AB20E >A=>2=K5 2 8 AK@LO, 8A?>;L7C5872>4AB25 B>20@>2 =0@>4=>3> ?>B@51;5=8O.
028A8ABL A2>9AB2 2 >B 8E AB@>5=8O. %89AB20 2, ?>:070B5;8 8E E0@0:B5@87CNI85, 4K >?@545;5=8O. 5E0=8G5A:85 A2>9AB20 2 ?@8 @07;8G=KE 2840E =03@C7>:. 5D>@==K5 A2>9AB20 2. 5;0:A0F8>==K5 A2>9AB20, 8E @>;L 2 ?@>F5AA5 M:A?;C0B0F88 8745;89.
@>G=>ABL 2. >:070B5;8 ?@>G=>AB8 ?@8 @07;8G=KE 2840E 45D>@15==>AB8 ?@>G=>AB=KE A2>9AB2 8 4>2 8E >?@545;5=8O 4;O @07;8G=KE 3@C??, 2 8 B>20@>2. #AB0;>AB=0O ?@>G=>ABL 2. >;3>25G=>ABL.
!>2@5 ?@>G=>AB8 8 @07@CH5=88 B25@4KE B5;. B5>@5B8G5A:0O 8 @50;L=0O ?@>G=>ABL.
>;L 45D5:B>2 AB@C:BC@K 2 @07@CH5=88 B25@4KE B5;.
"25@4>ABL 2, 4K 55 >?@545;5=8O. "5@?B8G5A:85, M;5:B@8G5A:85, 48M;5:B@8G5A:85 8 4@C385 D878G5A:85 A2>9AB20 2. E 7=0G5=85 4;O >F5=:8 C@>2=O :0G5AB20 =5?@>4>2>;LAB25==KE B>20@>2 8 AK@LO.
!>@1F8>==K5 A2>9AB20. @>=8F05ABL 2. 5B>4K 8E >?@545;5=8O. !B0@5=85 2, CAB>9G82>ABL 2 : 2>7459AB28N 2=5H=8E D0:B>@>2. 8>;>38G5A:0O 8 18>;>38G5A:0O CAB>9G82>ABL 2 8 B>20@>2.
@C??8@>2:0 ?>B@518B5;LA:8E A2>9AB2 B>20@>2. A=>2=K5 3@C??K A2>9AB2. 028A8ABL =>=0;L=KE A2>9AB2 >B =07=0G5=8O B>20@>2. 0456=>ABL 8745;89, A>AB02;ONI85 A2>9AB20 8 8E ?>:070B5;8. K1>@ ?>:070B5;59 =0456=>AB8 ?@8 >F5=:5 :0G5AB20 8745;89 4;O @07;8G=KE 3@C?? B>20@>2.
>;3>25G=>ABL B>20@>2. >:070B5;8 4>;3>25G=>AB8. $878G5A:89 8 @0;L=K9 87=>A B>20@>2, =5>1E>48ABL 8E CG5B0 ?@8 ?@>5:B8@>20=88 =5?@>4>2>;LAB25==KE B>20@>2. =0G5=85 A@>:>2 A;C61K 8745;89 4;O @0AG5B>2 =>@B@51;5=8O. A=>2=K5 ?@8=F8?K ?>2545=8O >?KB=KE =>A>:. K1>@ ?>:070B5;59 4>;3>25G=>AB8 ?@8 : @07;8G=K< 3@C??020@>2.
-@3>=>9AB20, >?@545;5=85, :;0AA8D8:0F8O. >:070B5;8 M@3>=>9AB2. 8385=8G5A:85 A2>9AB20. A>1>5 7=0G5=85 38385=8G5A:8E A2>9AB2 4;O B>20@>2 =0@>4=>3> ?>B@51;5=8O. 5B>4K >?@545;5=8O M@3>=>9AB2 4;O =5?@>4>2>;LAB25==KE B>20@>2. -AB5B8G5A:85 A2>9AB20, 8E >?@545;5=85. >9AB2. 708A2O7L ?>;57=>AB8 8 :@0A>BK 8745;89 8 B>20@>2. 5B>4K >?@545;5=8O ?>:070B5;59 MAB5B8G5A:8E A2>9AB2 =5?@>4>2>;LAB25==KE B>20@>2. A>15==>AB8 M@3>=>9AB2 B5:AB8;L=KE, H259=KE 8 B@8:>B06=KE, :>6525==>- >1C2=KE 8 ?CH=>- 2KE B>20@>2, :C;LBC@=>- 1KB>2>3> =07=0G5=8O 8 M;5:B@>B5E=8G5A:8E, E>7O9AB25==>- 1KB>2>3> =07=0G5=8O.
57>?0A=>ABL =5?@>4>2>;LAB25==KE B>20@>2. 84K 157>?0A=>AB8.
"5E=>;>38G5A:85 A2>9AB20 2.
0B5=B>A?>A>1=>ABL 8 ?0B5=B=0O G8AB>B0 B5E=8G5A:8 A;>6=KE B>20@>2, 8E ?>:070B5;8. -:>=>:070B5;8: A515AB>8ABL, @>7=8G=0O F5=0, @0AE>4K ?> M:A?;C0B0F88. A?>;L7>20=85 M:>=>:070B5;59 ?@8 @0AG5B5 8=B53@0;L=>3> ?>:070B5;O :0G5AB20 8 B5E=8:>- M:>=>3> C@>2=O :0G5AB20 =5?@>4>2>;LAB25==KE B>20@>2.
#?0:>2:0 8 2:0 B>20@>2, 8E CB8;8B0@=K5 8 MAB5B8G5A:85 DC=:F88. !>45@60=85, 284K, A?>A>1K =0=5A5=8O 2:8, 7=0G5=85 4;O B>@3>2;8 8 ?>B@518B5;O ?@>20@>2 ">20@=K9 7=0:. !>?@>2>48B5;L=K5 4>:C20@020=8O : 8E A>45@60=8N. 1I85 ?@8=F8?K CE>40 70 B>20@02:8 8 B@51>20=8O : B0@5. >;L C?0:>2:8 2 A>E@0=5=88 C@>2=O :0G5AB20 =5?@>4>2>;LAB25==KE B>20@>2.
#A;>28O A>E@0=O5AB8 B>20@>2 ?@8 8E B@0=A?>@B8@>20=88 8 E@0=5=88. A=>2=K5 D0:B>@K, CG8BK20520@>2: 284 A:;04A:8E ?>ABL 8 B574CE0, A25B, A>AB02 2>74CH=>9 A@54K 8 B. ?. @54>E@0=5=85 B>20@>2 >B 2>7459AB28O >@30=872, =0A5:>2. #A;>28O 25=B8;OF88 A:;04A:8E ?>A=>20=85 @0720@>2 2 A:;040E, B>20@=>5 A>A54AB2>. 79AB2 B>20@>2 ?@8 E@0=5=88. 0CG=>5 >1>A=>20=85 =>@B5@L ?@8 B@0=A?>@B8@>20=88 8 E@0=5=88 B>20@>2, A=865=8N B>20@=KE ?>B5@L. @>1;5:@C60NI59 A@54K, 2>7=8:0NI85 2 ?@>F5AA5 873>B>2;5=8O =5?@>4>2>;LAB25==KE B>20@>2, ?@8 8E B@0=A?>@B8@>20=88, E@0=5=88, ?>B@51;5=88 8 CB8;870F88.
!?5F8D8G5A:85 >A>15==>AB8 2:8, C?0:>2:8, B@0=A?>@B8@>20=8O 8 E@0=5=8O >B45;L=KE 3@C?? B>20@>2.
2 . B5:AB8;L=K5 B>20@K
>=OB85 > B5:AB8;L=KE 2>;>:=0E, 8E :;0AA8D8:0F8O. !K@L520O 1070 ?@>872>4AB20 B5:AB8;L=KE 2>;>:>=.
@8@>4=K5 2>;>:=0 @0AB8B5;L=>3> 8 682>B=>3> ?@>8AE>645=8O, >A>15==>AB8 8E ?>;CG5=8O 8 ?5@28G=>9 ?5@5@01>B:8. !B@>5=85 8 E8AB02 ?@8@>4=KE 2>;>:>=.
%8;>:=0: 8A:CAAB25==K5 8 A8=B5B8G5A:85. A=>2=K5 AE5;CG5=8O E8;>:>=. @>3=>78@>20=85 8 D>@20=85 7040==KE A2>9AB2 E8;>:>=. A>15==>AB8 ?>;CG5=8O 63CB>2>3> 8 :>@>B:>3> E83> 2>;>:=0, ?@>D8;8@>20==KE, 48D8F8@>20==KE, 18:>=5=B=KE 8 4@C38E 2>;>:>=.
!>2@5 B>=:>9 AB@C:BC@5 2>;>:>=: D81@8;;K, @0A?>;>65=85 8 >@85=B0F8O ;5:C;O@=KE F5?59. 5B>4K 8AA;54>20=8O B>=:>9 AB@C:BC@K B5:AB8;L=KE 2>;>:>=.
%0@0:B5@8AB8:0 2>;>:>= ?> 4;8=5 8 B>;I8=5.
5E0=8G5A:85 A2>9AB20 2>;>:>=. 5;0:A0F8>==K5 ?@>F5AAK 2 2>;>:=0E.
$878:>- E89AB20 2>;>:>=. 4A>@1F8O 8 45A>@1F8O 2>4=KE ?0@>2. >=OB85 > :>=48F8>==>9 2;06=>AB8. "5?;>AB>9:>ABL, B5?;>?@>2>4=>ABL, B5@?;0AB8G=>ABL. -;5:B@>AB0B8G5A:85 A2>9AB20 2>;>:>=, A?>A>1K A=865=8O M;5:B@87C5AB8. B=>H5=85 2>;>:>= : 459AB28N :8A;>B, I5;>G59, >:8A;8B5;59, >@30=8G5A:8E @0AB2>@8B5;59 8 4@C38E E82.
A=>2=K5 ?>;>65=8O B5>@88 ?@O45=8O ( AABL >A=>2=KE >?5@0F89 ?> 2K@01>B:5 ?@O68 87 =0BC@0;L=KE 8 E8;>:>=, AE5@5B8G5A:0O 45;L ?@O68, AB@>5=85 8 A2>9AB20 ?@O68 @07;8G=>3> 2>;>:=8AB>3> A>AB020 8 A?>A>1K ?@O45=8O, >A=>2=K5 45D5:BK, 8E ?@8G8=K 8 2;8O=85 =0 :0G5AB2> ?@O68.
84K B5:AB8;L=KE =8B59. A>15==>AB8 8E ?>;CG5=8O 8 8A?>;L7>20=8O.
":0G5AB2>. !CI=>ABL >A=>2=KE ?@83>B>28B5;L=KE >?5@0F89. $>@20=85 B:0=8 =0 B:0F:>15==>AB8 D>@20=8O B:0=8 =0 AB0=:0E A G5;=>:0G=KE. A=>2=K5 284K 45D5:B>2 AC@>2KE B:0=59, 8E ?@8G8=K.
":0F:85 ?5@5?;5B5=8O, 8E :;0AA8D8:0F8O 8 CA;>2=K5 >1>7=0G5=8O. 84K ?5@5?;5B5=89, ?@8<5=O5B:5 B:0=59 @07;8G=>3> 2>;>:=8AB>3> A>AB020. ;8O=8O ?5@5?;5B5=8O B:0=8 =0 55 284 8 4@C385 A2>9AB20.
$>@20=85 A2>9AB2 B:0=59 2 ?@>F5AA5 >B45;:8. A=>2=K5 AB0488 >B45;:8 B:0=59. !CI=>ABL >B45;L=KE >?5@0F89 >B45;:8 E;>?G0B>1CA>1K >B20@820=8O 8 >B15;820=8O. @8?B8G5A:8E >B15;820B5;59.
!CI=>ABL ?@>F5AA0 :@0H5=8O B5:AB8;L=KE 2, ?@8<5=O52@5F5AAK 48DDC788 :@0A8B5;O, 53> A>@1F88 8 D8:A0F88 =0 2>;>:=5. ;8O=85 ?0@02 B5E=>;>38G5A:>3> ?@>F5AA0 =0 :0G5AB2> :@0H5=8O. A>15==>AB8 >:@0H820=8O B:0=59 @07;8G=>3> 2>;>:=8AB>3> A>AB020.
0=5A5=85 @8AC=:>2 B:0=8, 284K ?5G0B8. A>15==>AB8 EC4>65AB25==>- :>;>@8AB8G5A:>3> >D>@;L7>20=88 @07;8G=KE A?>A>1>2 ?5G0B8.
F5=:0 :0G5AB20 :@0H5=8O 8 ?5G0B8. !?>A>1K ?>2KH5=8O CAB>9G82>AB8 >:@0A:8. 0:;NG8B5;L=0O >B45;:0, >A=>2=K5 >?5@0F88, 8E =07=0G5=85. !?5F80;L=K5 284K >B45;:8 B:0=59. A>15==>AB8 >B45;:8 @07;8G=KE 284>2 B:0=59.
!B@>5=85 B:0=8. 2>;>:=8ABK9 A>AB02, 284 8 B>;I8=0 =8B59 >A=>2K 8 CB:0, ?5@5?;5B5=85, ?;>B=>ABL. 708A2O7L >A=>2=KE ?0@02 AB@>5=8O B:0=8 8 8E 2;8O=85 =0 A2>9AB20 B:0=8. 5B>4K @0A?>7=020=8O 2>;>:>= 8 :>;8G5AB25==>3> 0=0;870 2>;>:=8AB>3> A>AB020 B:0=59.
@>G=>AB=K5 E0@0:B5@8AB8:8 B:0=59 ?@8 @07;8G=KE 2840E 7459AB289. #?@C3>- M;0AB8G5A:85 A2>9AB20 B:0=59. 5AB:>ABL 8 A<8=05ABL, 4@0?8@C5ABL.
#A04:0 B:0=59, 55 ?@8G8=K, A?>A>1K A=865=8O.
8385=8G5A:85 A2>9AB20 B:0=59. E 7=0G5=85 2 >15A?5G5=88 8 ?>445@60=88 :>@B=KE CA;>289 687=545OB5;L=>AB8 G5;>25:0. -;5:B@87C5ABL 8 703@O7=O5ABL, 8E >F5=:0 8 A?>A>1K C65AB25==>- MAB5B8G5A:85 ?>:070B5;8 B:0=59, 8E >F5=:0.
7=>A 8 87=>A>AB>9:>ABL B:0=59, D0:B>@K, 2K7K20NI85 87=>A B:0=59 @07=>3> =07=0G5=8O, >A>15==>AB8 87=0H820=8O. 5B>4K 45;8@>20=8O 8 >F5=:8 87=>A>AB>9:>AB8 B:0=59. !?>A>1K ?>2KH5=8O 87=>A>AB>9:>AB8 B:0=59. $878G5A:89 8 @0;L=K9 87=>A.
;0AA8D8:0F8O B:0=59 ?> =07=0G5=8N 8 4@C38< ?@87=0:0@B8?G0B>1C2KE 8 ;L=O=KE B:0=59. !B@C:BC@0 0AA>@B8A=>2=K5 3@C??K ?> =07=0G5=8N.
">20@>254=0O E0@0:B5@8AB8:0 206=59H8E 3@C?? B:0=59 ?> =07=0G5=8N 2 0AA>@B8?G0B>1C2KE B:0=59.
>=B@>;L :0G5AB20 B:0=59 2 B>@3>2;5. ?@545;5=85 A>>B25BAB28O EC4>65AB25==>- :>;>@8AB8G5A:>3> >D>@1@07FC.
5B:0=K5 B5:AB8;L=K5 ?>;>B=0, A?>A>1K 8E ?>;CG5=8O. A=>2=K5 ?0@05=85 =5B:0=KE ?>;>B5=. !2>9AB20 =5B:0=KE ?>;>B5= @07;8G=>3> A?>A>10 873>B>2;5=8O, >A=>2=K5 284K, =07=0G5=85, 0AA>@B8@CAB>9G82>ABL 8 87=>A>AB>9:>ABL. "@51>20=8O : :0G5AB2C =5B:0=KE B5:AB8;L=KE ?>;>B5=, >F5=:0 C@>2=O :0G5AB20.
A:CAAB25==K5 9 8 B@8:>B06=>9 >A=>25. >;>:=0, 8A?>;L7C51@07>20=8O 2>@A0 8A:CAAB25==KE 2. A:CAAB25==K5 <5E0 A =0:;55==K@A>5=85 8 A2>9AB20 8A:CAAB25==KE 2 @07;8G=>3> A?>A>10 ?@>872>4AB20, 8E 3@C??8@>2:0 ?> =07=0G5=8N, 0AA>@B820=8O : :0G5AB2C 8A:CAAB25==KE 2, >F5=:0 8E C@>2=O :0G5AB20.
>2@K 8 :>2@>2K5 8745;8O. A>15==>AB8 ?@>872>4AB20 :>2@>2 @CG=>9 8 9 2K@01>B:8. @C??8@>2:0 :>2@>2KE 8745;89 3> A?>A>10 ?@>872>4AB20 ?> =07=0G5=8N, B@51>20=8N : :0G5AB2C. !B@>5=85 8 A2>9AB20 :>2@>2 8 :>2@>2KE 8745;89. 03@O7=O5ABL 8 >G8I05ABL :>2@>2KE 8745;89 @07;8G=>3> AB@>5=8O, 87=>A>AB>9:>ABL.
0@:8@>2:0, C?0:>2:0, CA;>28O E@0=5=8O 8 B@0=A?>@B8@>20=8O B5:AB8;L=KE B>20@>2 @07;8G=KE 284>2.
H259=K5 8 B@8:>B06=K5 B>20@K
;0AA8D8:0F8O 8 284>2>9 0AA>@B84564K.
07;>38O 27@>A;>3> 8 45BA:>3> =0A5;5=8O 4;O 2>3> ?@>872>4AB20 >4564K. 0:>=>AB8 @0A?@545;5=8O @072 8 8E A>G5B0=89. &5;8, 7040G8 8 ?>@O4>: @07@01>B:8 @079 0=B@>?>;>38G5A:>9 :;0AA8D8:0F88 =0A5;5=8O. 54CI85 @07A=>2=KE ?0@02 >4564K. =B5@20; 157@07;8G8O. A>15==>AB8 @079 B8?>;>388 45BA:>3> =0A5;5=8O. 07- @>AB>2>G=>- ?>;=>B=K9 0AA>@B84564K. (:0;0 B8?>@07@>AB>2 B8?>2KE 872>4AB20 >4564K. A>15==>AB8 ?>AB@>5=8O @07- @>AB>2>G=>3> 0AA>@B8B06=KE B>20@>2.
>B@518B5;LA:85 A2>9AB20 H259=KE 8 B@8:>B06=KE B>20@>2. >:070B5;8 ?>B@518B5;LA:8E A2>9AB2, 8E @>;L 2 >F5=:5 C@>2=O :0G5AB20.
$>@20=85 ?>B@518B5;LA:8E A2>9AB2 >4564K 2 ?@>F5AA5 ?@>5:B8@>20=8O. >45;8@>20=85 >4564K. A=>2=K5 M;578F88. >=OB85 A8;CMB0, ?>:@>O >4564K. #G5B ?>;=>B=>- 2>7@0AB=>3> ?@87=0:0 8 A2>9AB2 ?@8<5=O5<KE 2 ?@8 45;8@>20=88 >4564K. A=>2=K5 MB0?K 45;8@>20=8O >4564K; @07@01>B:0 A5<59AB20 45;59 =0 548=>9 :>=AB@C:B82=>9 >A=>25. 5@A?5:B82=>5 45;8@>20=85 >4564K, =0?@02;5=85 @0728B8O 0AA>@B8<5=B0 8 4K >4564K. >=AB@C8@>20=85 >4564K. !2>9AB20 :>=AB@C:F88. -:>=>ABL :>=AB@C:F88 >4564K, 55 2;8O=85 =0 CA;>28O D>@20=8O F5=K 3>B>2>3> 8745;8O. "5E=>;>38G=>ABL :>=AB@C:F88, 7=0G5=85 ?@55AB8 45;59, B8?870F88, C=8D8:0F88 8 AB0=40@B870F88 45B0;59 8 C7;>2 >4564K, 8E @>;L 2 A>25@H5=AB2>20=88 :>=AB@C:F88 8745;89. !>>B=>H5=85 D>@<K 8 @072 >4564K A :>=AB@C:F859; 284K ?@8<5=O52. @028;0 ?>AB@>5=8O :>=AB@C:F88. !CI5AB2CNI85 4K :>=AB@C8@>20=8O >4564K, AB5?5=L 8E =0CG=>9 >1>A=>20==>AB8. A>15==>AB8 ?@>5:B8@>20=8O >4564K 87 B@8:>B060 8 4@C38E 2. 5D5:BK ?@>5:B8@>20=8O >4564K.
$>@20=85 ?>B@518B5;LA:8E A2>9AB2 >4564K 2 ?@>F5AA5 55 ?@>872>4AB20. 0A:@>9 2 4;O >4564K. A=>2=K5 8 ?>43>B>28B5;L=K5 >?5@0F88 @0A:@>9=>3> ?@>F5AA0. 5B>4K A>548=5=8O 45B0;59 >4564K, 8E 284K 8 A2>9AB20. 84K 8 >A>15==>AB8 =8B>G=KE A>548=5=89. A=>2=K5 ?>:070B5;8 :0G5AB20 =8B>G=KE A>548=5=89. 84K :;552, ?@8<5=O5B>2;5=88 >4564K, >1;0ABL ?@89AB20 :;552KE A>548=5=89. !CI=>ABL :;552>3> A>548=5=8O 45B0;59 >4564K, @5685 >1>A=>20=85. !20@:0 45B0;59 >4564K, 55 284K, >1;0ABL ?@82. "5>@8O 8 ACI=>ABL 2;06=>- B5?;>2>9 >1@01>B:8 ( " ) >4564K, 55 =07=0G5=85, >A=>2=K5 >?5@0F88. A>15==>AB8 ?@>872>4AB20 8745;89 87 B@8:>B060 8 4@C38E 2. !?>A>1K D>@20=8O >4564K, 8E ACI=>ABL, >1;0ABL ?@89G82>ABL ?>;CG05@B:0 ?5@A?5:B82=KE A?>A>1>2 D>@20=8O >4564K. 5D5:BK @0A:@>9=>3> ?@>F5AA0, >?5@0F89 873>B>2;5=8O 8 " .
@>872>4AB2> B@8:>B060, A?>A>1K ?5B;5>1@07>20=8O, 284K ?@8<5=O59 ?@O68 8 =8B59. "@51>20=8O, ?@54JO2;O5B06=>9 ?@O65. "@8:>B06=K5 ?5@5?;5B5=8O, 8E 284K, A2>9AB20. A=>2=K5 ?>:070B5;8 AB@>5=8O 8 AB@C:BC@K B@8:>B06=KE ?>;>B5=, 8E 2;8O=85 =0 ?>B@518B5;LA:85 A2>9AB20 B@8:>B060. ;8O=85 A2>9AB2 B@8:>B06=KE ?>;>B5= =0 >?5@0F88 :>=AB@C8@>20=8O 8 873>B>2;5=8O 3>B>2KE 8745;89.
84 :;0AA8D8:0F88 H259=KE 8 B@8:>B06=KE B>20@>2, 8E >A>15==>AB8, >1;0AB8 ?@820=8O, ?@54JO2;O545645 @07;8G=>3> =07=0G5=8O. %0@0:B5@8AB8:0 H259=KE 8 B@8:>B06=KE 8745;89 2 7028A8AB8 >B =07=0G5=8O, >A>15==>AB8 8E ?@>872>4AB20.
-:A?5@B870 >4564K. 84K M:A?5@B87K >4564K.
$0:B>@K, >?@545;ONI85 :0G5AB2> >4564K. >=B@>;L :0G5AB20 >4564K. >9AB2 4;O >F5=:8 :0G5AB20 >4564K. 5B>4K >?@545;5=8O ?>:070B5;59 A2>9AB2 8745;89, :>MDD8F85=B>2 25A>AB8 >B45;L=KE A2>9AB2; A?>A>1K >?@545;5=8O C@>2=O : >4564K. !>@B8@>2:0 H259=KE 8 B@8:>B06=KE 8745;89. 5D5:BK, =5 4>?CA:053> 8 2B>@>3> A>@B>2.
!5@B8D8:0F8O >4564K. >@O4>: ?@>2545=8O. >:070B5;8, ?>4;560I85 >F5=:5 ?@8 A5@B8D8:0F88 >4564K. A>15==>AB8 A5@B8D8:0F88 45BA:8E 8745;89.
4 . :>6525==>- >1C2=K5 B>20@K
;0AA8D8:0F8O :>6525==>3> AK@LO.
!B@>5=85 8 E8AB02 H:C@ 682>B=>3>. 8AB>;>38G5A:85 >A>15==>AB8 :>6525==>3> AK@LO >A=>2=KE 284>2. $878:>- E82 H:C@K, 8E :;0AA8D8:0F8O. !>2@5 AB@>5=88 :>;;035=0. !?>A>1K :>=A5@28@>20=8O :>6525==>3> AK@LO, CA;>28O 53> E@0=5=8O.
>43>B>28B5;L=K5 ?@>F5AAK 8 >?5@0F88 :>6525==>3> ?@>872>4AB20, 8E 2;8O=85 =0 E8AB02, 2>;>:=8AB>5 AB@>5=85 45@9AB20 :>68. "5E=8G5A:85 A?>A>1K >ACI5AB2;5=8O ?>43>B>28B5;L=KE ?@>F5AA>2 8 >?5@0F89: >B:8, >1572>;0H820=8O, 7>;5=8O, >177>;820=8O, 5=8O 8 G5?@0:>20=8O. "5>@8O ?@>F5AA0 4C1;5=8O. 8=5@0;L=K5 8 >@30=8G5A:85 4C18B5;8. !?>A>1K 4C1;5=8O. !CI=>ABL @07;8G=KE A?>A>1>2 4C1;5=8O. !2>9AB20 :>6 @07;8G=KE 4>2 4C1;5=8O. B45;>G=K5 ?@>F5AAK 8 >?5@0F88, 8E @>;L 2 D>@20=88 A2>9AB2 8 0AA>@B868. @0H5=85 :>6, ?@8<5=O5<K5 :@0A8B5;8, ?83>1@07CNI85 25I5AB20. 028A8ABL A2>9AB2 :>68 >B A?>A>1>2 ?>:@K2=>3> :@0H5=8O. $878:>- E8A=>2K ?@>F5AA0 68@>20=8O. 5E0=87< 2708459AB28O 68@CNI8E 25I5AB2 A :>659. >2KH5=85 2>4>AB>9:>AB8 8 AB8 :>68 2 ?@>F5AA5 68@>20=8O. >4C1;820=85 8 =0?>;=5=85 :>6. 5E0=87F5AA>2 ACH:8 8 C2;06=5=8O :>6. 5B>4K ACH:8. B45;:0 :>6 A >1@07>20=859 ;8F52>9 ?>25@E=>AB8.
0G5AB2> :>68. 5B>4K >F5=:8 :0G5AB20 :>68. !2O7L @B=>ABLN :>68. 5D5:BK :>68, 8E E0@0:B5@8AB8:0 8 2;8O=85 =0 :0G5AB2> :>68.
%8AB02 :>68. 5B>4K E83> 0=0;870 :>68.
$878G5A:85 8 D878:>- 9AB20 :>68, 4K 8E 8A?KB0=8O. 7=>A>AB>9:>ABL :>68. #AB>9G82>ABL :>6 2 E@0=5=88, A>2@5 ?@>F5AA5 AB0@5=8O :>68.
;0AA8D8:0F8O 8 0AA>@B86. 5@02=>ABL E83> A>AB020 8 D878:>- 9AB2 :>68. 028A8ABL B5E=>;>388 :>6525==>- >1C2=>3> ?@>872>4AB20 8 :0G5AB20 >1C28 >B =5@02=>AB8 A2>9AB2 :>68.
A:CAAB25==K5 8 A8=B5B8G5A:85 >1C2=K5 =07=0G5=8N.
1C2=0O @578=0, 8AE>4=K5 AK@L52K5 @20=85 A2>9AB2 @578=K 2 ?@>F5AA5 ?@>872>4AB20. C;:0=870F8O, 55 @>;L 2 AB@C:BC@8@>20=88 9AB20 @578=K. !2O7L M:A?;C0B0F8>==KE A2>9AB2 @578=K A ?>:070B5;O- 9AB2. 5E0=87A0 @578=>2KE ?>4>H2. @C385 8A:CAAB25==K5 1C28.
A:CAAB25==K5 8 A8=B5B8G5A:85 :>68 4;O 25@E0 >1C28. >68 4;O =0@C6=KE 45B0;59 25@E0 NDB52>9 8 E@>2>9 >1C28, ?>4:;04>G=K5 :>68. A:CAAB25==K5 G=KE 45B0;59 >1C28. 1C2=K5 :0@B>=K; B5@?;0AB8G5A:85 <0B5@80;K.
"5:AB8;L=K5 1C28. "@51>20=8O : >1C2=K< B:0=O< 2 7028A8AB8 >B =07=0G5=8O. 5B>4K >F5=:8 :0G5AB20 >1C2=KE B5:AB8;L=KE 2.
A=>2=K5 B@51>20=8O, ?@54JO2;O51C28. @0B:0O 0=0B>;>38O AB>?K G5;>25:0. 7ABL @072 AB>?, >A=>2=K5 70:>=>AB8 MB>9 87AB8. 5@02=>ABL D>@<K 8 @072 >1C28. 1C2=K5 :>;>4:8, 8E 284K, @07@>B=>H5=85 D>@<K 8 @072 AB>? 8 >1C28. "8?>2K5 @07? 8 >1C28. !8AB5<K =C60=>9 >1C28. "5>@5B8G5A:85 >A=>2K ?>AB@>5=8O @07- ?>;=>B=>3> 0AA>@B860=>9 >1C28.
$>@20=85 ?>B@518B5;LA:8E A2>9AB2 >1C28 2 ?@>F5AA5 ?@>872>4AB20. 0A:@>9 >1C2=KE 2 8 ?@5420@8B5;L=0O >1@01>B:0 45B0;59. A>15==>AB8 A2>9AB2 >1C28 @07;8G=KE 4>2 D>@20=8O. 5B>4K :@5?;5=8O =870 >1C28. B45;:0 >1C28.
5D5:BK >1C28, ?@8G8=K 8E 2>7=8:=>25=8O, ?CB8 CAB@0=5=8O. !K@L5 8 >A=>2K ?@>872>4AB20 20;O=>9 >1C28.
AA>@B81C28. $0A>=K 8 45;8 >1C28, 8E MAB5B8G5A:85 8 CB8;8B0@=K5 DC=:F88.
!2>9AB20 >1C28. 5B>4K :>=B@>;O :0G5AB20 >1C28. ?KB=0O =>A:0, 55 >A=>2K, >F5=:0 ?>;CG5==KE @57C;LB0B>2.
#A;>28O E@0=5=8O 8 879AB2 >1C28 ?@8 E@0=5=88. 0@:8@>2:0 8 C?0:>2:0 >1C28.
!5@B8D8:0F8O >1C28. >@O4>: ?@>2545=8O. >:070B5;8, ?>4;560I85 >F5=:5 ?@8 A5@B8D8:0F88 >1C28.
CH=>- 2K5 8 >2G8==>- HC1=K5 B>20@K
;0AA8D8:0F8O ?CH=>- 2KE 8 >2G8==>- HC1=KE B>20@>2.
5@28G=0O >1@01>B:0 8 A?>A>1K :>=A5@28@>20=8O ?CH=>- 2>3> 8 >2G8==>- HC1=>3> AK@LO.
1I0O E0@0:B5@8AB8:0 0AA>@B8- 2>3> 8 >2G8==>- HC1=>3> AK@LO, :;0AA8D8:0F8O 8 284K AK@LO.
A>15==>AB8 E83> A>AB020 8 A2>9AB2 >B45;L=KE @D>;>38G5A:8E :>=5=B>2 2>9 H:C@K 8 2708459AB285 <564C =85=85 2>;>A0 8 48DD5@5=F8@>20=85 2>;>AO=>3> ?>:@>20, 8E 2;8O=85 =0 MAB5B8G5A:85, B5?;>70I8B=K5 A2>9AB20 8 4>;3>25G=>ABL.
@8=F8?K A>@B8@>2:8 ?CH=8=K, 2>3> AK@LO 8 H:C@ @A:>3> 725@O.
$>@20=85 ?>B@518B5;LA:8E A2>9AB2 ?CH=>- 2KE 8 >2G8==>- HC1=KE ?>;CD01@8:0B>2 2 ?@>F5AA5 ?@>872>4AB20. >43>B>28B5;L=K5 ?@>F5AAK 8 >?5@0F88 2K45;:8, 8E =07=0G5=85. >76=K5 45D5:BK 8 ?@8G8=K 8E >1@07>20=8O.
@>F5AAK 2K45;:8. 5D5:BK 8 ?@8G8=K 8E 2>7=8:=>25=8O, 2;8O=85 =0 A2>9AB20 :>652>9 B:0=8.
5B>4K 4C1;5=8O, 8E 2;8O=85 =0 87<5=5=85 AB@C:BC@K :>652>9 B:0=8. !2>9AB20 :>652>9 B:0=8 H:C@ @07;8G=KE 4>2 4C1;5=8O.
8@>20=85 8 ACH:0, <5E0=87F5AA>2 8 8E 2;8O=85 =0 ?>B@518B5;L=K5 A2>9AB20 ?CH=>- 2KE 8 >2G8==>- HC1=KE ?>;CD01@8:0B>2.
@0H5=85 2, 4K :@0H5=8O 8 ?@8<5=O5<K5 :@0A8B5;8. ;8O=85 :@0H5=8O =0 E8AB02, AB@C:BC@C, A2>9AB20 2>;>AO=>3> ?>:@>20 8 :>652>9 B:0=8. @0H5=85 2>;>AO=>3> ?>:@>20 8 :>652>9 B:0=8. >=B@>;L ?@>F5AA>2, 2>76=K5 45D5:BK 8 ?@8G8=K 8E 2>7=8:=>25=8O, 2;8O=85 =0 :0G5AB2> 2KE H:C@>:.
?5@0F88 >B45;:8 :>652>9 B:0=8 8 2>;>AO=>3> ?>:@>20 2KE H:C@ 8 HC1=>9 >2G8=K.
!2>9AB20 2>;>AO=>3> ?>:@>20 8 :>652>9 B:0=8 8 8E 87ABL. 8>;>38G5A:85 8 B5E=>;>38G5A:85 D0:B>@K, >1CA;02;820NI85 MBC 87ABL. $878:>- <5E0=8G5A:85, D878G5A:85 8 E89AB20 2KE H:C@. "5>@5B8G5A:85 >A=>2K B5?;>70I8B=KE A2>9AB2 8 4>;3>25G=>AB8 2KE H:C@. 1J5:B82=K5 4K >F5=:8 :0G5AB20 2>;>AO=>3> ?>:@>20 8 :>652>9 B:0=8. A>15==>AB8 AB0=40@B870F88 ?CH=>- 2KE 8 >2G8==>- HC1=KE ?>;CD01@8:0B>2.
;0AA8D8:0F8O ?CH=>- 2>3> 8 >2G8==>- HC1=>3> ?>;CD01@8:0B0. %0@0:B5@8AB8:0 0AA>@B8<5=B0 782 ?CH=8=K 8 2>3> ?>;CD01@8:0B0, HC1=>9 >2G8=K 8 H:C@ @A:>3> 725@O.
@8=F8?K A>@B8@>2:8, ?@0:B8G5A:85 ?@85F5=:8 :0G5AB20 ?CH=>- 2KE 8 >2G8==>- HC1=KE ?>;CD01@8:0B>2. F5=:0 :0G5AB20 ?>;CD01@8:0B>2.
$>@20=85 ?>B@518B5;LA:8E A2>9AB2 8745;89 2 ?@>F5AA0E ?@>5:B8@>20=8O 8 ?@>872>4AB20. A=>2=K5 >?5@0F88 A:>@=O6=>- ?>H82>G=>3> ?@>872>4AB20, D0:B>@K, >?@545;ONI85 A2>9AB20 8 0AA>@B8<5=B 2KE 8 >2G8==>- HC1=KE 8745;89.
;0AA8D8:0F8O 2KE 8 >2G8==>- HC1=KE 8745;89 ?> ?>B@518B5;L=K;>38G5A:8< ?@87=0:02=K5 B@51>20=8O, ?@54JO2;O5<K5 : 2K2G8==>- HC1=K< 8745;8O@B8F5=:0 :0G5AB20 2KE 8 >2G8==>- HC1=KE 8745;89. !B@C:BC@0 0AA>@B8<5=B0 2KE 8 >2G8==>- HC1=KE 8745;89.
0@:8@>2:0, ?@028;0 C?0:>2:8, B@0=A?>@B8@>20=8O 8 E@0=5=8O, 2;8O=85 8E =0 :0G5AB2> 2KE 8 >2G8==>- HC1=KE 8745;89 8 ?>;CD01@8:0B>2.
!5@B8D8:0F8O 2KE 8745;89. >:070B5;8, ?>4;560I85 >F5=:5 ?@8 A5@B8D8:0F88 2KE 8745;89.
6 . ?;0AB8G5A:85 <0AAK 8 E820@K
1I85 A2545=8O > 2KA>:>;5:C;O@=KE A>548=5=8OE.
KA>:>;5:C;O@=K5 A>548=5=8O, 8E ?@8;L 2 =0@>4=>7O9AB25. ;0AA8D8:0F8O ?>;82 ?> A>AB02C 8 AB@>5=8N ;5:C;.
!8=B57 ?>;82. >;8@>2 =0 A:>@>ABL ?>;8A>1K ?@>2545=8O ?>;8;8:>=45=A0F8O. A=>2=K5 70:>=>AB8 @50:F88 ?>;8:>=45=A0F88, A?>A>1K ?@>2545=8O ?@>F5AA0.
$07>2>5 A>AB>O=85 8 AB@C:BC@0 ?>;82. >=D>@<0F8O ;5:C;.
3@530B=>5, D878G5A:>5 8 D07>2>5 A>AB>O=85 ?>;82.
1I85 A2545=8O > D07>2KE ?5@5E>40E 2 ?>;820=85. @D=K5 8 :@8AB0;;878@CNI85 ?>;8<5@K. 04;5:C;O@=0O AB@C:BC@0 ?>;82. !2O7L 9AB20;82 8 8E =04;5:C;O@=>9 AB@C:BC@>9. @85=B0F8>==K5 O2;5=8O 2 ?>;89AB20 >@85=B8@>20==KE ?>;82.
KA>:>M;0AB8G=>5 A>AB>O=85 ?>;82. #?@C30O 45D>@:>M;0AB8G=0O 45D>@:>M;0AB8G5A:>9 45D>@ AB@>5=85;82. O7:>- B5:CG55 A>AB>O=85 ?>;82. 5;0:A0F8>==K5 ?@>F5AAK 2 ?>;85 7=0G5=85 @5;0:A0F8>==KE ?@>F5AA>2.
5D>@==K5 A2>9AB20 8 G=>ABL ?>;82. 5E0=87;82. >;3>25G=>ABL ?>;82. 8=5B8G5A:0O B5>@8O ?@>G=>AB8. ;8O=85 AB5?5=8 :@8AB0;;8G=>AB8 >@85=B0F88 8 E0@0:B5@0 =04;5:C;O@=>9 AB@C:BC@K ?>;82 =0 8E D878:>- 9AB20.
0AB2>@K 2KA>:>;5:C;O@=KE A>548=5=89. 8=5B8:0 8 B5@48=0@5=8O. $0:B>@K, >?@545;ONI85 @0AB2>@8ABL 8 =01CE0=85 ?>;82. 803@0<2>3> A>AB>O=8O @0AB2>@>2 ?>;8;>38G5A:85 A2>9AB20 @07102;5==KE 8 :>=F5=B@8@>20==KE @0AB2>@>2. >=F5=B@8@>20==K5 @0AB2>@K ?>;82, AB@C:BC@8@>20=85, ABC4=8. ;0AB8D8:0B>@K 8 ?;0AB8D8:0F8O. 07102;5==K5 @0AB2>@K ?>;82. O7:>ABL @0AB2>@>2 8 >?@545;5=85 ;5:C;O@=>9 ;82.
5B>4K 8AA;54>20=8O ?>;82. 45=B8D8:0F8O ?>;82. $878:>- G=>AB=KE 8 45D>@==KE A2>9AB2, @5;0:A0F8>==KE E0@0:B5@8AB8:, B5?;>AB>9:>AB8, 4>;3>25G=>AB8 8 4@.
$878G5A:85 4K 8AA;54>20=8O. 8 #$ A?5:B@>A:>?8O, @5=B35=>- AB@C:BC@=K9 0=0;87, - 8 / A?5:B@>A:>?8O, 48DD5@5=F80;L=>- B5@B@>?88 ?>;82. ?@545;5=85 48DDC78>==KE, M;5:B@8G5A:8E 8 48M;5:B@8G5A:8E A2>9AB2.
%8;82. "5@45AB@C:F8O, B5@>:8A;5=85, D>B>45AB@C:F8O 8 D>B>>:8A;5=85, 384@>;87, >7>=>;87, @048>;87. 50:F88 AH820=8O. !B0@5=85 ?>;82. ;8O=85 AB@C:BC@K ?>;82 =0 8E CAB>9G82>ABL : AB0@5=8N. @8=F8?K AB018;870F88 ?>;82.
%0@0:B5@8AB8:0 >B45;L=KE ?@54AB02;5=89 2KA>:>;5:C;O@=KE A>548=5=89: :0@1>F5?=K5, 35B5@>F5?=K5 8 M;5>@30=8G5A:85 ?>;8?>;870 8 55 ?@>872>4=K5. >78F8>==K5 ?>;8<5@=K5 <0B5@80;K.
;0AB8G5A:85 AB02 ?;0AB8G5A:8E <0AA. ;0AA8D8:0F8O ?;0AB9AB20. "8?K =0?>;=5==KE ?;0AB2=K5 284K B5@?;0AB>2 8 @50:B>?;0AB>2, 8E A2>9AB20. %8<8G5A:8 48D8F8@>20==K5 ?@8@>4=K5 ?>;8<5@K 8 ?;0ABA=>25.
5B>4K ?5@5@01>B:8 ?;0AB15==>AB8 ?5@5@01>B:8 ?;0ABA=>25 B5@?;0AB8G=KE 8 B5@@50:B82=KE ?>;82. 5D5:BK 2K@01>B:8 8 45:>@8@>20=8O. B>@8G=>5 ?>;85 AK@L5.
!B@C:BC@0 ?>B@51;5=8O ?;0AB<0AA. %0@0:B5@8AB8:0 8745;89 87 ?;0AB8G5A:8E :070B5;8 :0G5AB20. !5@B8D8:0F8O ?>AC4K 8 ?>AC4>E>7O9AB25==KE 8745;89 87 ?;0AB8G5A:8E ;CG5=85 8 A2>9AB20 =0BC@0;L=>3> :0CGC:0. 1I85 70:>=>AB8 ?>;CG5=8O A8=B5B8G5A:8E :0CGC:>2. A>15==>AB8 D878G5A:8E, E8<8G5A:8E 8 9AB2 M;0AB>2. %0@0:B5@8AB8:0 >B45;L=KE 284>2 A8=B5B8G5A:8E :0CGC:>2. C;:0=870F8O M;0AB>2. 1I85 70:>=>AB8 2C;:0=870F88. !5@=0O 8 15AA5@=0O 2C;:0=870F8O, 2C;:0=870F8O ?> DC=:F8>=0;L=K< 3@C??0==K5 A9AB20 2C;:0=870B>2. !B0@5=85 8 AB018;870F8O :0CGC:>2 8 @578=. 1;0AB8 ?@8@B82KE @578=>- ;0B5:A=KE 8745;89.
;5OI85 8 35@<5B878@CNI85 =OB85 > :;5OE 8 A:;5820=88. !>2@5@88 ?@8@>4K 0435788. ;0AA8D8:0F8O :;552. ;58 682>B=>3> ?@>8AE>645=8O. ;58 @0AB8B5;L=>3> ?@>8AE>645=8O. 8=5@0;L=K9 :;59. ;58 =0 >A=>25 A8=B5B8G5A:8E ?>;82. 028A8ABL 8E :;5OI8E A2>9AB2 >B E89 AB@C:BC@K 8 ;5:C;O@=>9 ;84
zip lock
264-27-00
alfa laval
datamax
dunlup 205 55 r16
russia music awards
1
2114
qtek
datamax
danfoss
-
dimplex model magic (sp8)
.
ziplock
-
-