ed-20201105
00010478620000023632false00010478622020-11-052020-11-050001047862ed:ConsolidatedEdisonCompanyofNewYorkInc.Member2020-11-052020-11-05

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 5, 2020
 Consolidated Edison, Inc.
(Exact name of registrant as specified in its charter)
New York 1-14514 13-3965100
(State or Other Jurisdiction
of Incorporation)
 (Commission
File Number)
 (IRS Employer
Identification No.)
4 Irving Place, New York, New York 10003
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (212460-4600
 Consolidated Edison Company of New York, Inc.
(Exact name of registrant as specified in its charter)
New York 1-1217 13-5009340
(State or Other Jurisdiction
of Incorporation)
 (Commission
File Number)
 (IRS Employer
Identification No.)
4 Irving Place, New York,New York 10003
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (212460-4600

Securities Registered Pursuant to Section 12(b) of the Act:
Title of each class Trading SymbolName of each exchange on which registered
Consolidated Edison, Inc., EDNew York Stock Exchange
Common Shares ($.10 par value)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
-2-


Item 2.02Results of Operations and Financial Condition.
On November 5, 2020, Consolidated Edison, Inc. is issuing a press release and an earnings release presentation regarding, among other things, its results of operations for the three and nine months ended September 30, 2020. The press release and the earnings release presentation are “furnished” as exhibits to this report pursuant to Item 2.02 of Form 8-K.
Item 9.01Financial Statements and Exhibits.
(d) Exhibits
  Press release, dated November 5, 2020, furnished pursuant to Item 2.02 of Form 8-K.
Earnings release presentation, dated November 5, 2020, furnished pursuant to Item 2.02 of Form 8-K.
Exhibit 104Cover Page Interactive Data File - The cover page iXBRL tags are embedded within the inline XBRL document
-3-



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CONSOLIDATED EDISON, INC.
CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.
By /s/ Robert Muccilo
 Robert Muccilo
 Vice President and Controller
Date: November 5, 2020

-4-
Document
Exhibit 99.1

https://cdn.kscope.io/4886c6dd51746f8761cc9a57be7f0be9-image21a.jpg
Media Relations
Consolidated Edison, Inc.
212 460 4111 (24 hours)4 Irving Place
New York, NY 10003
www.conEdison.com

FOR IMMEDIATE RELEASEContact: Robert McGee
November 5, 2020                                      212-460-4111

CON EDISON REPORTS 2020 THIRD QUARTER EARNINGS

NEW YORK - Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2020 third quarter net income for common stock of $493 million or $1.47 a share compared with $473 million or $1.42 a share in the 2019 third quarter. Adjusted earnings were $495 million or $1.48 a share in the 2020 period compared with $513 million or $1.54 a share in the 2019 period. Adjusted earnings in the 2020 and 2019 periods exclude the effects of hypothetical liquidation at book value (HLBV) accounting for tax equity investments in certain renewable electric production projects of Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses) and the net mark-to-market effects of the Clean Energy Businesses.

For the first nine months of 2020, net income for common stock was $1,058 million or $3.17 a share compared with $1,048 million or $3.20 a share in the first nine months of 2019. Adjusted earnings were $1,147 million or $3.43 a share in the 2020 period compared with $1,149 million or $3.51 a share in the 2019 period. Adjusted earnings in the 2020 and 2019 periods exclude the effects of HLBV accounting for tax equity investments in certain renewable electric production projects of the Clean Energy Businesses and the net mark-to-market effects of the Clean Energy Businesses.

“As North America's second-largest solar provider, Con Edison is committed to delivering a clean energy future for all,” said John McAvoy, chairman and CEO of Con Edison. “As part of our Clean Energy Commitment, we are harnessing the power of over 33,000 customer solar installation projects. We are also investing aggressively in Energy Efficiency and Electric Vehicle Charging programs to bring renewable and reliable energy to run New York’s homes, businesses, and vehicles.”

For the year of 2020, Con Edison expects its adjusted earnings per share to be in the range of $4.15 to $4.30 a share. The company's previous forecast was in the range of $4.15 to $4.35 per share. The change primarily reflects revised expectations due to the effect of the COVID-19 pandemic on the Utilities. Adjusted earnings per share exclude the effects of HLBV accounting for tax equity investments in certain of the Clean Energy Businesses' renewable electric production projects (approximately $(0.09) a share). Adjusted earnings per share also exclude the Clean Energy Businesses' net mark-to-market effects, the amount of which will not be determinable until year end.

See Attachment A to this press release for a reconciliation of Con Edison’s reported earnings per share to adjusted earnings per share and reported net income for common stock to adjusted earnings for the three and nine months ended September 30, 2020 and 2019. See Attachments B and C for the estimated effect of major factors resulting in variations in earnings per share and net income for common stock for the three and nine months ended September 30, 2020 compared to the 2019 periods.

The company's 2020 Third Quarter Form 10-Q is being filed with the Securities and Exchange Commission. A third quarter 2020 earnings release presentation will be available at www.conedison.com. (Select "For Investors" and then select "Press Releases.")


-more-
















CON EDISON REPORTS 2020 THIRD QUARTER EARNINGSpage 2

This press release contains forward-looking statements that are intended to qualify for the safe-harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are statements of future expectations and not facts. Words such as "forecasts," "expects," "estimates," "anticipates," "intends," "believes," "plans," "will" and similar expressions identify forward-looking statements. Forward-looking statements reflect information available and assumptions at the time the statements are made, and accordingly speak only as of that time.

Actual results or developments might differ materially from those included in the forward-looking statements because of various factors such as those identified in reports Con Edison has filed with the Securities and Exchange Commission, including that Con Edison's subsidiaries are extensively regulated and are subject to penalties; its utility subsidiaries' rate plans may not provide a reasonable return; it may be adversely affected by changes to the utility subsidiaries' rate plans; the failure of, or damage to, its subsidiaries' facilities could adversely affect it; a cyber-attack could adversely affect it; the failure of processes and systems and the performance of employees and contractors could adversely affect it; it is exposed to risks from the environmental consequences of its subsidiaries' operations, including increased costs related to climate change; a disruption in the wholesale energy markets or failure by an energy supplier or customer could adversely affect it; it has substantial unfunded pension and other postretirement benefit liabilities; its ability to pay dividends or interest depends on dividends from its subsidiaries; it requires access to capital markets to satisfy funding requirements; changes to tax laws could adversely affect it; its strategies may not be effective to address changes in the external business environment; it faces risks related to health epidemics and other outbreaks, including the COVID-19 pandemic; and it also faces other risks that are beyond its control. Con Edison assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This press release also contains financial measures, adjusted earnings and adjusted earnings per share, that are not determined in accordance with generally accepted accounting principles in the United States of America (GAAP). These non-GAAP financial measures should not be considered as an alternative to net income for common stock or net income per share, each of which is an indicator of financial performance determined in accordance with GAAP. Adjusted earnings and adjusted earnings per share exclude from net income for common stock and net income per share certain items that Con Edison does not consider indicative of its ongoing financial performance such as the effects of the Clean Energy Businesses' HLBV accounting for tax equity investors in certain renewable electric production projects and mark-to-market accounting. Management uses these non-GAAP financial measures to facilitate the analysis of Con Edison's financial performance as compared to its internal budgets and previous financial results and to communicate to investors and others Con Edison's expectations regarding its future earnings and dividends on its common stock. Management believes that these non-GAAP financial measures are also useful and meaningful to investors to facilitate their analysis of Con Edison's financial performance.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $13 billion in annual revenues and $60 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility providing electric, gas and steam service in New York City and Westchester County, New York; Orange and Rockland Utilities, Inc. (O&R), a regulated utility serving customers in a 1,300-square-mile-area in southeastern New York State and northern New Jersey; Con Edison Clean Energy Businesses, Inc., which through its subsidiaries develops, owns and operates renewable and energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc., which through its subsidiaries invests in electric and natural gas transmission projects.
# # #







Attachment A
For the Three Months EndedFor the Nine Months Ended
September 30,September 30,
Earnings
per Share
Net Income for Common Stock
(Millions of Dollars)
Earnings
per Share
Net Income for Common Stock (Millions of Dollars)
20202019202020192020201920202019
Reported earnings per share (basic) and net income for common stock (GAAP basis)
$1.47$1.42$493$473$3.17$3.20$1,058$1,048
HLBV effects of the Clean Energy Businesses (pre-tax)0.030.109300.110.253879
Income taxes (a)(0.01)(0.03)(2)(7)(0.03)(0.07)(9)(19)
HLBV effects of the Clean Energy Businesses (net of tax)0.020.077230.080.182960
Net mark-to-market effects of the Clean Energy Businesses (pre-tax)(0.01)0.07(7)230.250.188054
Income taxes (b)— (0.02)2(6)(0.07)(0.05)(20)(13)
Net mark-to-market effects of the Clean Energy Businesses (net of tax)(0.01)0.05(5)170.180.136041
Adjusted earnings per share and adjusted earnings (non-GAAP basis)$1.48$1.54$495$513$3.43$3.51$1,147$1,149
(a)The amount of income taxes was calculated using a combined federal and state income tax rate of 22% and 24% for the three and nine months ended September 30, 2020, respectively, and a combined federal and state income tax rate of 23% and 24% for the three and nine months ended September 30, 2019, respectively.
(b)The amount of income taxes was calculated using a combined federal and state income tax rate of 29% and 25% for the three and nine months ended September 30, 2020, respectively, and a combined federal and state income tax rate of 26% and 24% for the three and nine months ended September 30, 2019, respectively.







Attachment B
Variation for the Three Months Ended September 30, 2020 vs. 2019
Earnings
per Share
Net Income for Common Stock (Millions of Dollars)
CECONY (a)
Changes in rate plans$(0.02)$(6)Primarily reflects lower non-weather related steam net revenues due to lower usage by customers.
Operations and maintenance expenses0.2685
Reflects lower costs for pension and other postretirement benefits of $0.12 a share, which are reconciled under the rate plans, lower regulatory assessments and fees of $0.09 a share, which are collected in revenues from customers, and the deferral in September 2020, under the legislative, regulatory and related actions provisions of the company's electric and gas rate plans, of the previously recorded reserve increases to the allowance for uncollectible accounts associated with the Coronavirus Disease 2019 (COVID-19) pandemic of $0.02 a share, offset in part by estimated food and medicine spoilage claims related to outages caused by Tropical Storm Isaias of $(0.01) a share.
Depreciation, property taxes and other tax matters(0.24)(79)Reflects higher depreciation and amortization expense of $(0.12) a share and higher property taxes of $(0.10) a share, both of which are recoverable under the rate plans and the absence in 2020 of a reduction in the sales and use tax reserve upon conclusion of the audit assessment of $(0.02) a share.
Other (0.04)(9)Primarily reflects foregone revenues from the suspension of customers' late payment charges and certain other fees associated with the COVID-19 pandemic of $(0.05) a share and the dilutive effect of Con Edison's stock issuances of $(0.01) a share.
Total CECONY(0.04)$(9)
O&R (a)
Changes in rate plans0.012Reflects an electric base rate increase under the company's rate plans.
Operations and maintenance expenses — 1
Reflects the deferral in September 2020, under the legislative, regulatory and related actions provision of the company's New York electric rate plan, of the previously recorded reserve increase to the allowance for uncollectible accounts associated with the COVID-19 pandemic, offset by estimated food and medicine spoilage claims related to outages caused by Tropical Storm Isaias.
Depreciation, property taxes and other tax matters— (1)
Total O&R0.012
Clean Energy Businesses
Operating revenues less energy costs — 2
Operations and maintenance expenses(0.01)(4)Primarily reflects timing of maintenance costs.
Depreciation and amortization(0.01)(4)
Reflects an increase in renewable electric production projects in operation during 2020.
Net interest expense0.0929Primarily reflects lower unrealized losses on interest rate swaps in the 2020 period.
HLBV effects0.0516Primarily reflects lower losses from tax equity projects in the 2020 period.
     Other(0.02)(5)Primarily reflects the absence of a prior period adjustment related to research & development credits recorded in 2019.
Total Clean Energy Businesses0.1034
Con Edison Transmission— 1
Other, including parent company expenses (0.02)(8)Primarily reflects higher New York State income tax.
Total Reported (GAAP basis)$0.05$20
HLBV effects of the Clean Energy Businesses(0.05)(16)
Net mark-to-market effects of the Clean Energy Businesses(0.06)(22)Reflects unrealized losses on interest rate swaps, offset in part by unrealized wholesale energy gains.
Total Adjusted (non-GAAP basis)$(0.06)$(18)
a.Under the revenue decoupling mechanisms in the Utilities’ New York electric and gas rate plans and the weather-normalization clause applicable to their gas businesses, revenues are generally not affected by changes in delivery volumes from levels assumed when rates were approved. In general, the Utilities recover on a current basis the fuel, gas purchased for resale and purchased power costs they incur in supplying energy to their full-service customers. Accordingly, such costs do not generally affect Con Edison’s results of operations.



Attachment C
Variation for the Nine Months Ended September 30, 2020 vs. 2019
Earnings
per Share
Net Income for Common Stock (Millions of Dollars)
CECONY (a)
Changes in rate plans$0.07$24Primarily reflects higher gas net base revenues due to gas base rates increase in January 2020 under the company's gas rate plan.
Weather impact on steam revenues(0.06)(20)Reflects the impact of warmer winter weather in the 2020 period.
Operations and maintenance expenses0.69227Reflects lower costs for pension and other postretirement benefits of $0.41 a share, which are reconciled under the rate plans, lower regulatory assessments and fees that are collected in revenues from customers of $0.23 a share, lower stock-based compensation of $0.04 a share and lower healthcare costs of $0.02 a share, offset in part by estimated food and medicine spoilage claims related to outages caused by Tropical Storm Isaias of $(0.01) a share.
Depreciation, property taxes and other tax matters(0.65)(209)Reflects higher depreciation and amortization expense of $(0.38) a share and higher property taxes of $(0.26) a share, both of which are recoverable under the rate plans, the absence in 2020 of a reduction in the sales and use tax reserve upon conclusion of the audit assessment of $(0.02) a share, offset in part by the Employee Retention Tax Credit under the CARES Act of $0.01 a share.
Other (0.16)(37)Primarily reflects foregone revenues from the suspension of customers' late payment charges and certain other fees associated with the COVID-19 pandemic of $(0.10) a share and the dilutive effect of Con Edison's stock issuances of $(0.06) a share.
Total CECONY(0.11)(15)
O&R (a)
Changes in rate plans0.0411Reflects electric and gas base rate increases of $0.03 a share and $0.01 a share, respectively, under the company's rate plans.
Operations and maintenance expenses (0.02)(5)
Primarily reflects incremental costs associated with the COVID-19 pandemic and estimated food and medicine spoilage claims related to outages caused by Tropical Storm Isaias.
Depreciation, property taxes and other tax matters(0.01)(4)Reflects higher depreciation and amortization expense, offset in part by the Employee Retention Tax Credit under the CARES Act.
Other (0.02)(5)Primarily reflects higher costs associated with components of pension and other postretirement benefits other than service cost of $(0.01) a share.
Total O&R(0.01)(3)
Clean Energy Businesses
Operating revenues less energy costs 0.014Reflects higher revenues from renewable electric production projects of $0.05 a share, offset in part by lower energy services revenues of $(0.04) a share.
Operations and maintenance expenses0.012Primarily reflects lower energy services costs.
Depreciation and amortization(0.01)(3)
Reflects an increase in renewable electric production projects in operation during 2020.
Net interest expense(0.03)(9)Primarily reflects higher unrealized losses on interest rate swaps in the 2020 period.
HLBV effects0.1031Primarily reflects lower losses from tax equity projects in the 2020 period.
Other0.012Primarily reflects re-measurement of deferred tax assets and the Employee Retention Tax Credit under the CARES Act.
Total Clean Energy Businesses0.0927
Con Edison Transmission0.024Primarily reflects lower operations and maintenance expenses and higher allowance for funds used during construction (AFUDC) income from Mountain Valley Pipeline, LLC.
Other, including parent company expenses (0.02)(3)Primarily reflects higher New York State income tax.
Total Reported (GAAP basis)$(0.03)$10
HLBV effects of the Clean Energy Businesses(0.10)(31)
Net mark-to-market effects of the Clean Energy Businesses0.0519Primarily reflects unrealized losses on interest rate swaps.
Total Adjusted (non-GAAP basis)$(0.08)$(2)
a.Under the revenue decoupling mechanisms in the Utilities’ New York electric and gas rate plans and the weather-normalization clause applicable to their gas businesses, revenues are generally not affected by changes in delivery volumes from levels assumed when rates were approved. In general, the Utilities recover on a current basis the fuel, gas purchased for resale and purchased power costs they incur in supplying energy to their full-service customers. Accordingly, such costs do not generally affect Con Edison’s results of operations.

updated_3q2020earning890
Exhibit 99.2 -�Q�EbN�aR��,�,��9N��V�T��FRYRN�R�D�R�R�aNaV�� B�cRZOR��/&�,�,��


 
5cNVYNOYR���S��ZNaV�� Ic�Hdk�bW�g�1(�.,.,(��dchda�YVi�Y��Y�hdc(�CcX*��hhj�Y�V�eg�hh�g�a�Vh��g�edgi�c���ih�i]�gY�fjVgi�g�.,.,��Vgc�c�h�VcY�[�a�Y�l�i]�i]��M�Xjg�i��h�VcY� �mX]Vc����dbb�hh�dc�i]��XdbeVcnsh�i]�gY�fjVgi�g�.,.,�@dgb�-,)K*�N]�h�eg�h�ciVi�dc�h]djaY�W��g�VY�id��i]�g�l�i](�VcY��h�fjVa�[��Y��c��ih��ci�g�in�Wn� g�[�g�cX��id(�i]���Vgc�c�h�eg�hh�g�a�Vh��VcY�i]��@dgb�-,)K*��de��h�d[�i]���Vgc�c�h�eg�hh�g�a�Vh��VcY�i]��@dgb�-,)K�Vg��VkV�aVWa��Vi6� lll*Xdc�Y�hdc*Xdb*�$M�a�Xi��@dg�Cck�hidgh��VcY�i]�c�h�a�Xi��Jg�hh�L�a�Vh�h��VcY�tM���@�a�c�h(u�g�he�Xi�k�an*% :��dN�Q'����V�T�GaNaRZR�a� N]�h�eg�h�ciVi�dc�XdciV�ch�[dglVgY)add��c��hiVi�b�cih�i]Vi�Vg���ci�cY�Y�id�fjVa�[n�[dg�i]��hV[�)]VgWdg�egdk�h�dch�d[�M�Xi�dc�.3;�d[�i]��M�Xjg�i��h�;Xi�d[� -5//(�Vh�Vb�cY�Y(�VcY�M�Xi�dc�.-��d[�i]��M�Xjg�i��h��mX]Vc���;Xi�d[�-5/0(�Vh�Vb�cY�Y*�@dglVgY)add��c��hiVi�b�cih�Vg��hiVi�b�cih�d[�[jijg�� �me�XiVi�dch�VcY�cdi�[VXih*�QdgYh�hjX]�Vh��[dg�XVhih(����me�Xih(����hi�bVi�h(���Vci�X�eVi�h(����ci�cYh(���W�a��k�h(���eaVch(���l�aa��VcY�h�b�aVg� �meg�hh�dch��Y�ci�[n�[dglVgY)add��c��hiVi�b�cih*�@dglVgY)add��c��hiVi�b�cih�g�[a�Xi��c[dgbVi�dc�VkV�aVWa��VcY�Vhhjbei�dch�Vi�i]��i�b��i]��hiVi�b�cih� Vg��bVY�(�VcY�VXXdgY�c�an�he�V��dcan�Vh�d[�i]Vi�i�b�*�;XijVa�g�hjaih�dg�Y�k�adeb�cih�b��]i�Y�[[�g�bVi�g�Vaan�[gdb�i]dh���cXajY�Y��c�i]��[dglVgY)add��c�� hiVi�b�cih�W�XVjh��d[�kVg�djh�[VXidgh�hjX]�Vh�i]dh���Y�ci�[��Y��c�g�edgih��dc��Y�hdc�]Vh�[�a�Y�l�i]�i]��M�Xjg�i��h�VcY��mX]Vc����dbb�hh�dc(� �cXajY�c��i]Vi��dc��Y�hdc�h�hjWh�Y�Vg��h�Vg���mi�ch�k�an�g��jaVi�Y�VcY�Vg��hjW��Xi�id�e�cVai��h7��ih�ji�a�in�hjWh�Y�Vg��h��gVi��eaVch�bVn�cdi�egdk�Y��V� g�VhdcVWa��g�ijgc7��i�bVn�W��VYk�gh�an�V[[�Xi�Y�Wn�X]Vc��h�id�i]��ji�a�in�hjWh�Y�Vg��h��gVi��eaVch7�i]��[V�ajg��d[(�dg�YVbV���id(��ih�hjWh�Y�Vg��h��[VX�a�i��h� XdjaY�VYk�gh�an�V[[�Xi��i7�V�XnW�g)ViiVX��XdjaY�VYk�gh�an�V[[�Xi��i7�i]��[V�ajg��d[�egdX�hh�h�VcY�hnhi�bh�VcY�i]��e�g[dgbVcX��d[��beadn��h�VcY� XdcigVXidgh�XdjaY�VYk�gh�an�V[[�Xi��i7��i��h��medh�Y�id�g�h�h�[gdb�i]���ck�gdcb�ciVa�Xdch�fj�cX�h�d[��ih�hjWh�Y�Vg��h��de�gVi�dch(��cXajY�c���cXg�Vh�Y� Xdhih�g�aVi�Y�id�Xa�bVi��X]Vc��7�V�Y�hgjei�dc��c�i]��l]da�hVa���c�g�n�bVg��ih�dg�[V�ajg��Wn�Vc��c�g�n�hjeea��g�dg�Xjhidb�g�XdjaY�VYk�gh�an�V[[�Xi��i7��i� ]Vh�hjWhiVci�Va�jc[jcY�Y�e�ch�dc�VcY�di]�g�edhig�i�g�b�ci�W�c�[�i�a�VW�a�i��h7��ih�VW�a�in�id�eVn�Y�k�Y�cYh�dg��ci�g�hi�Y�e�cYh�dc�Y�k�Y�cYh�[gdb��ih� hjWh�Y�Vg��h7��i�g�fj�g�h�VXX�hh�id�XVe�iVa�bVg��ih�id�hVi�h[n�[jcY�c��g�fj�g�b�cih7�X]Vc��h�id�iVm�aVlh�XdjaY�VYk�gh�an�V[[�Xi��i7��ih�higVi����h�bVn�cdi� W���[[�Xi�k��id�VYYg�hh�X]Vc��h��c�i]���mi�gcVa�Wjh�c�hh��ck�gdcb�ci7��i�[VX�h�g�h�h�g�aVi�Y�id�]�Vai]��e�Y�b�Xh�VcY�di]�g�djiWg�V�h(��cXajY�c��i]�� �IPC>)-5�eVcY�b�X7�VcY��i�Vahd�[VX�h�di]�g�g�h�h�i]Vi�Vg��W�ndcY��ih�Xdcigda*��dc��Y�hdc�Vhhjb�h�cd�dWa��Vi�dc�id�jeYVi��dg�g�k�h��Vcn�[dglVgY) add��c��hiVi�b�cih(�l]�i]�g�Vh�V�g�hjai�d[�c�l��c[dgbVi�dc(�[jijg���k�cih�dg�di]�gl�h�*�� B��'�55D�:V�N�PVNY�ARN�b�R� N]�h�eg�h�ciVi�dc�Vahd�XdciV�ch�[�cVcX�Va�b�Vhjg�h(�VY�jhi�Y��Vgc�c�h�VcY�VY�jhi�Y��Vgc�c�h�e�g�h]Vg��$VY�jhi�Y��JM%�VcY(�[dg�i]���a�Vc��c�g�n� <jh�c�hh�h�$��<h%(�VY�jhi�Y��Vgc�c�h�W�[dg���ci�g�hi(�iVm�h(�Y�eg�X�Vi�dc�VcY�Vbdgi�oVi�dc�$VY�jhi�Y��<CN>;%(�i]Vi�Vg��cdi�Y�i�gb�c�Y��c�VXXdgYVcX�� l�i]���c�gVaan�VXX�ei�Y�VXXdjci�c��eg�cX�ea�h��c�i]��Oc�i�Y�MiVi�h�d[�;b�g�XV�$A;;J%*�N]�h��cdc)A;;J�[�cVcX�Va�b�Vhjg�h�h]djaY�cdi�W��Xdch�Y�g�Y� Vh�Vc�Vai�gcVi�k��id�c�i��cXdb��[dg�Xdbbdc�hidX��dg�c�i��cXdb��e�g�h]Vg�(��VX]�d[�l]�X]��h�Vc��cY�XVidg�d[�[�cVcX�Va�e�g[dgbVcX��Y�i�gb�c�Y��c� VXXdgYVcX��l�i]�A;;J*�;Y�jhi�Y��Vgc�c�h�VcY�VY�jhi�Y��JM��mXajY��[gdb�c�i��cXdb��[dg�Xdbbdc�hidX��VcY�c�i��cXdb��e�g�h]Vg��X�giV�c��i�bh�i]Vi� �dc��Y�hdc�Yd�h�cdi�Xdch�Y�g��cY�XVi�k��d[��ih�dc�d�c��[�cVcX�Va�e�g[dgbVcX��hjX]�Vh�i]���[[�Xih�d[�i]����<h��]nedi]�i�XVa�a�fj�YVi�dc�Vi�Wdd��kVaj�� $BF<P%�VXXdjci�c��[dg�iVm��fj�in��ck�hidgh��c�X�giV�c�g�c�lVWa���a�Xig�X�egdYjXi�dc�egd��Xih�VcY�bVg�)id)bVg��i�VXXdjci�c�*�;Y�jhi�Y��<CN>;�[dg�i]�� ��<h�g�[�gh�id�i]����<h��c�i��cXdb��[dg�Xdbbdc�hidX�(��mXajY�c��i]���[[�Xih�d[�BF<P�VcY�bVg�)id)bVg��i�VXXdjci�c�(�W�[dg���ci�g�hi(�iVm�h(� Y�eg�X�Vi�dc�VcY�Vbdgi�oVi�dc�eajh�i]��eg�)iVm��fj�kVa�ci�d[�egdYjXi�dc�iVm�Xg�Y�ih*�GVcV��b�ci�jh�h�VY�jhi�Y��Vgc�c�h�VcY�VY�jhi�Y��JM�id�[VX�a�iVi�� i]��VcVanh�h�d[��dc��Y�hdc�h�[�cVcX�Va�e�g[dgbVcX��Vh�XdbeVg�Y�id��ih��ci�gcVa�WjY��ih�VcY�eg�k�djh�[�cVcX�Va�g�hjaih�VcY�id�Xdbbjc�XVi��id��ck�hidgh� VcY�di]�gh��dc��Y�hdc�h��me�XiVi�dch�g��VgY�c���ih�[jijg���Vgc�c�h�VcY�Y�k�Y�cYh�dc��ih�Xdbbdc�hidX�*�GVcV��b�ci�jh�h�i]����<h��VY�jhi�Y� �<CN>;�id��kVajVi��i]��e�g[dgbVcX��d[�i]����<h*�GVcV��b�ci�W�a��k�h�i]Vi�i]�h��cdc)A;;J�[�cVcX�Va�b�Vhjg�h�Vg��Vahd�jh�[ja�VcY�b�Vc�c�[ja�id� �ck�hidgh�id�[VX�a�iVi��i]��g�VcVanh�h�d[�i]��[�cVcX�Va�e�g[dgbVcX��d[��dc��Y�hdc�VcY�i]����<h* :���Z��R�V�S��ZNaV��&�P��aNPa4 DVc��]�aYg�hh(�>�g�Xidg(�Cck�hidg�L�aVi�dch� ������������������������� N�a*6�.-.)02,)22--(��bV�a6�X]�aYg�hh�:Xdc�Y*Xdb��� �������� � � � � � � ��������������ddd(P��9QV���(P�Z .


 
HNOYR��S�7��aR�a� JV�� Ig�Vc�oVi�dcVa�MigjXijg��VcY�JaVc 0�p�1 >�k�Y�cY�VcY��Vgc�c�h�;ccdjcX�b�cih 2 /K�.,.,��Vgc�c�h 3�p�-, �ck�gdcb�ciVa(�MdX�Va�VcY��dgedgVi��Adk�gcVcX� --�p�-/ N]���dgdcVk�gjh�>�h�Vh��$�IPC>)-5%�JVcY�b�X -0�p�., /K�.,.,�>�k�adeb�cih .-�p�.0 SN>�.,.,��Vgc�c�h .1�p�.4 @�k�)S�Vg�L�XdcX�a�Vi�dc�d[�L�edgi�Y��JM�$A;;J%�id�;Y�jhi�Y��JM�$Hdc)A;;J% .5 Oi�a�i��h��LVi��;Y�jhib�cih�[dg�NVm��jih�VcY�DdWh�;Xi�d[�.,-3�$N�D;% /,�p�/- N]���dgdcVk�gjh�;�Y�L�a��[�VcY��Xdcdb�X�M�Xjg�in�$�;L�M%�;Xi /. ���IHS�Ie�gVi�dch�VcY�GV�ci�cVcX���me�ch�h // �dbedh�i�dc�d[�L��jaVidgn�LVi��<Vh� /0 ;k�gV���LVi��<Vh��<VaVcX�h /1 L��jaVi�Y�Oi�a�i��h��LVi�h�d[�L�ijgc�VcY��fj�in�LVi�dh /2 �Ve�iVa��me�cY�ijg�h�VcY�Oi�a�i��h���Ve�iVa��me�cY�ijg�h /3�p�/4 @�cVcX�c��JaVc�[dg�.,.,�p�.,.. /5 �Ve�iVa�MigjXijg��VcY��dbb�gX�Va�JVe�g�<dggdl�c�h 0,�p�0- Oi�a�i��h��MVa�h�VcY�L�k�cj�h 0.�p�02 /K�VcY�SN>�.,.,�MjbbVgn�d[�M��b�ci�Y�@�cVcX�Va�MiVi�b�cih 03�p�1, LVi�c��;��cXn��g�Y�i�G�ig�Xh 1- F�hi�d[�Hdi�h�id�.,.,�N]�gY�KjVgi�g�@dgb�-,)K�@�cVcX�Va�MiVi�b�cih 1. /


 
C�TN�VgNaV��NY�Ga�bPab�R AN��Ra�7N��N$4� �,0(��OVYYV�� LVi�c�h$W%6 <VV.�+�<<<'�+�<<<' Ijiadd�$W%6 MiVWa��+�MiVWa��+�H��Vi�k� IaVYVaVR� H�N��ZV��V�� 7YRN��9�R�Tf 7���9QV���� 7���9QV���� 7����YVQNaRQ� H�N��ZV��V��&� 7YRN��9�R�Tf� 9QV���� C�N�TR�N�Q� ��P( 6b�V�R��R�&���P( 7�Z�N�f��S� F�P�YN�Q� BRd�L���&���P(� IaVYVaVR�&���P(�� �7���9QV���� �7YRN��9�R�Tf� ��C�F$ H�N��ZV��V��� 6b�V�R��R����� �797CBL$ ���79H$ 796�$ 7����YVQNaRQ� F�P�YN�Q� 7���9QV�����N�� 9QV���� 9YRPa�VP� DV�RYV�R�N�Q� H�N��ZV��V��&���7 7�Z�N�f Ga��NTR&���7 �F97C$ �79H��N�$� �79H�9YRPa�VP$ A�b�aNV�� GaNTRP�NPU� BRd�L���� JNYYRf� �N�� H�N��P�� DV�RYV�R&� GR�cVPR�&� ��7 ��7 ��7 ++(2 �P$ /� ./(1 V* ;h�d[�M�ei�bW�g�/,(�.,.,*� W* M�c�dg�jch�Xjg�Y�gVi�c�h�VcY�djiadd��h]dlc��c�dgY�g�d[�GddYnsh�+�MiVcYVgY�"�Jddg�h�$M"J%�+�@�iX]*�LVi�c�h�Vg��cdi�V�g�Xdbb�cYVi�dc�id�Wjn(�h�aa�dg�]daY�h�Xjg�i��h�VcY�bVn�W�� hjW��Xi�id�g�k�h�dc�dg�l�i]YgVlVa�Vi�Vcn�i�b�* X* <Vh�Y�dc�i]��Xjgg�ci�egd��Xi�Xdhi��hi�bVi��VcY���N�AVhs�XVee�c��d[��ih�XVh]�Xdcig�Wji�dch�id�i]���d�ci�k�cijg�(�i]�h�dlc�gh]�e��ci�g�hi��h��me�Xi�Y�id�W��g�YjX�Y�id�W�adl�-,�e�gX�ci* 0


 
HUR�7���9QV����DYN� 7b�a�ZR��:�Pb�RQ Ga�NaRTVP JNYbR�C�VR�aRQ Jgdk�Y��hV[��VcY� Mig�c�i]�c�Xdg��ji�a�in� Jgdk�Y��hi�VYn(� g�a�VWa��h�gk�X� Y�a�k�gn�Wjh�c�hh eg�Y�XiVWa���Vgc�c�h �c]VcX��i]�� Jjghj��VYY�i�dcVa� GV�ciV�c�WVaVcX�� Xjhidb�g��me�g��cX� g��jaVi�Y��gdli]� h]��i� deedgijc�i��h�id�VYY� hiVW�a�in kVaj���c�i]���kdak�c�� �cYjhign ;X]��k��de�gVi�dcVa� Agdl��m�hi�c��Xa�Vc� JVn�ViigVXi�k�(� �mX�aa�cX��VcY�Xdhi� �c�g�n�Wjh�c�hh�h� �gdl�c��Y�k�Y�cYh dei�b�oVi�dc VcY�ejghj��VYY�i�dcVa� Xa�Vc��c�g�n��gdli]� deedgijc�i��h� Xdch�hi�ci�l�i]�djg�g�h�� Vee�i�i� ���IHS�]Vh�adc�)gVc���eaVch�id�VX]��k���ih�higVi���X�eg�dg�i��h�d[�ejWa�X�VcY��beadn���hV[�in(�de�gVi�dcVa��mX�aa�cX�(�VcY�Vc��c]VcX�Y� Xjhidb�g��me�g��cX�*�N]��XdbeVcnsh�.,)n�Vg�eaVch�[dg��ih��a�Xig�X�VcY��Vh�Wjh�c�hh�Vg��Y�h��c�Y�id�]�ae�i]��XdbeVcn�cVk��Vi��idYVnsh� X]Vaa�c��h�l]�a��eg�eVg�c��[dg�X]Vc��h��c�i]���c�g�n�aVcYhXVe�*�N]��eaVch�Vg��VkV�aVWa��dc�djg�l�Wh�i��Vi�i]��[daadl�c��a�c�h6� ]iieh6++lll*Xdc�Y*Xdb+)+b�Y�V+[�a�h+Xdc�Y+YdXjb�cih+djg)�c�g�n)[jijg�+djg)�c�g�n)egd��Xih+�a�Xig�X)adc�)gVc��)eaVc*eY[ ]iieh6++lll*Xdc�Y*Xdb+)+b�Y�V+[�a�h+Xdc�Y+YdXjb�cih+djg)�c�g�n)[jijg�+djg)�c�g�n)egd��Xih+�Vh)adc�)gVc��)eaVc*eY[ 1


 
8VcVQR�Q�N�Q�9N��V�T��5���b�PRZR�a� v Ic�IXidW�g�..(�.,.,(�i]��XdbeVcn��hhj�Y�V�eg�hh�g�a�Vh��g�edgi�c��i]Vi�i]��XdbeVcn�]VY�Y�XaVg�Y�V�fjVgi�gan� Y�k�Y�cY�d[�32*1�X�cih�V�h]Vg��dc��ih�Xdbbdc�hidX�* v Ic�Hdk�bW�g�1(�.,.,(�i]��XdbeVcn��hhj�Y�V�eg�hh�g�a�Vh��[dg�XVhi�c���ih�VY�jhi�Y��Vgc�c�h�e�g�h]Vg��[dg�i]�� n�Vg�.,.,�id�W���c�i]��gVc���d[� 0*-1�id� 0*/,�V�h]Vg�*$V%�N]��XdbeVcn�h�eg�k�djh�[dg�XVhi�lVh��c�i]��gVc���d[� 0*-1�id� 0*/1�e�g�h]Vg�*$V%�N]��X]Vc���eg�bVg�an�g�[a�Xih�g�k�h�Y��me�XiVi�dch�Yj��id�i]���[[�Xi�d[�i]���IPC>)-5� eVcY�b�X�dc�i]��Oi�a�i��h* -E�,�,��c�(�-E�,�+3� LH8�,�,��c�(�LH8�,�+3� �-(.- �-(/+ �-(+1 �-(,� �+(.1 �+(., �+(.2 �+(/. �,�,�� ,�+3� ,�,�� ,�+3� �,�,�� ,�+3� ,�,�� ,�+3� L�edgi�Y��JM�$A;;J% ;Y�jhi�Y��JM�$Hdc)A;;J% L�edgi�Y��JM�$A;;J% ;Y�jhi�Y��JM�$Hdc)A;;J% V* ;Y�jhi�Y��Vgc�c�h�e�g�h]Vg���mXajY��i]���[[�Xih�d[�BF<P�VXXdjci�c��[dg�iVm��fj�in��ck�hib�cih��c�X�giV�c�d[�i]���a�Vc��c�g�n�<jh�c�hh�h��g�c�lVWa�� �a�Xig�X�egdYjXi�dc�egd��Xih�$Veegdm�bVi�an� $,*,5%�V�h]Vg�%*�;Y�jhi�Y��Vgc�c�h�e�g�h]Vg��Vahd��mXajY��i]���a�Vc��c�g�n�<jh�c�hh�h��c�i�bVg�)id)bVg��i� �[[�Xih(�i]��Vbdjci�d[�l]�X]�l�aa�cdi��W��Y�i�gb�cVWa��jci�a�n�Vg��cY* 2


 
-E�,�,��9N��V�T� BRa���P�ZR�S��� 9N��V�T���R��GUN�R 7�ZZ���Ga�P� ���V��AVYYV���$ ,�,� ,�+3 ,�,� ,�+3 FR���aRQ�BRa���P�ZR�S���7�ZZ���Ga�P��N�Q�9DG�h��55D�ON�V� �+(.1 �+(., �.3- �.1- BF<P��[[�Xih�d[�i]���a�Vc��c�g�n�<jh�c�hh�h�$eg�)iVm% ,*,/ ,*-, 5 /, CcXdb��iVm�h�$V% $,*,-% $,*,/% $.% $3% ��6J�RSSRPa���S�aUR�7YRN��9�R�Tf�6b�V�R��R����Ra��S�aNe$ �(�, �(�1 1 ,- H�i�bVg�)id)bVg��i��[[�Xih�d[�i]���a�Vc��c�g�n�<jh�c�hh�h�$eg�)iVm% $,*,-% ,*,3 $3% ./ CcXdb��iVm�h�$W% q $,*,.% . $2% BRa�ZN��'a�'ZN��Ra�RSSRPa���S�aUR�7YRN��9�R�Tf�6b�V�R��R����Ra��S�aNe$ ��(�+$ �(�/ �/$ +1 5QWb�aRQ�9N��V�T��N�Q�5QWb�aRQ�9DG�h����'�55D�ON�V� �+(.2 �+(/. �.3/ �/+- V* N]��Vbdjci�d[��cXdb��iVm�h�lVh�XVaXjaVi�Y�jh�c��V�XdbW�c�Y�[�Y�gVa�VcY�hiVi���cXdb��iVm�gVi��d[�..��VcY�./��[dg�i]��i]g���bdci]h� �cY�Y�M�ei�bW�g�/,(�.,.,�VcY�.,-5(�g�he�Xi�k�an* W* N]��Vbdjci�d[��cXdb��iVm�h�lVh�XVaXjaVi�Y�jh�c��V�XdbW�c�Y�[�Y�gVa�VcY�hiVi���cXdb��iVm�gVi��d[�.5��VcY�.2��[dg�i]��i]g���bdci]h� �cY�Y�M�ei�bW�g�/,(�.,.,�VcY�.,-5(�g�he�Xi�k�an* 3


 
KNY��S��Z�-E�,�+3�9DG�a��-E�,�,��9DG JN�VN�PR�V��FR���aRQ�9DG���55D$ JN�VN�PR�V��5QWb�aRQ�9DG��B��'�55D$ �+(/.� ��(�+� ��(+�� �+(.1� �+(.2� �+(.,� ��(�+� ���(�,$� ���(�.$� ���(�+$� ���(�,$� ���(�.$� ��� ��� $V% -E�,�+3 797CBL C�F 796� 79H CaUR�$V% -E�,�,� -E�,�+3 797CBL C�F 796� 79H CaUR� -E�,�,� FR���aRQ FR���aRQ 5QWb�aRQ 5QWb�aRQ 9DG 9DG 9DG 9DG V* CcXajY�h�eVg�ci�XdbeVcn�VcY�Xdchda�YVi�dc�VY�jhib�cih* 4


 
-E�,�,��c�(�-E�,�+3�9DG�JN�VN�PR��h�HU�RR�A��aU��9�QRQ�JN�VNaV��� 797CBL�N$ �]Vc��h��c�gVi��eaVch � $,*,.%� Jg�bVg�an�g�[a�Xih�adl�g�cdc)l�Vi]�g�g�aVi�Y�hi�Vb�c�i�g�k�cj�h�Yj��id�adl�g�jhV���Wn�Xjhidb�gh* Ie�gVi�dch�VcY�bV�ci�cVcX���me�ch�h � ,*.2� L�[a�Xih�adl�g�Xdhih�[dg�e�ch�dc�VcY�di]�g�edhig�i�g�b�ci�W�c�[�ih�d[� ,*-.�V�h]Vg�(�l]�X]�Vg��g�XdcX�a�Y�jcY�g�i]��gVi�� eaVch(�adl�g�g��jaVidgn�Vhh�hhb�cih�VcY�[��h�d[� ,*,5�V�h]Vg�(�l]�X]�Vg��Xdaa�Xi�Y��c�g�k�cj�h�[gdb�Xjhidb�gh(�VcY�i]�� Y�[�ggVa��c�M�ei�bW�g�.,.,(�jcY�g�i]��a���haVi�k�(�g��jaVidgn�VcY�g�aVi�Y�VXi�dch�egdk�h�dch�d[�i]��XdbeVcn�h��a�Xig�X�VcY��Vh� gVi��eaVch(�d[�i]��eg�k�djhan�g�XdgY�Y�g�h�gk���cXg�Vh�h�id�i]��VaadlVcX��[dg�jcXdaa�Xi�Wa��VXXdjcih�VhhdX�Vi�Y�l�i]�i]�� �dgdcVk�gjh�>�h�Vh��.,-5�$�IPC>)-5%�eVcY�b�X�d[� ,*,.�V�h]Vg�(�d[[h�i��c�eVgi�Wn��hi�bVi�Y�[ddY�VcY�b�Y�X�c��hed�aV��� XaV�bh�g�aVi�Y�id�djiV��h�XVjh�Y�Wn�Ngde�XVa�Midgb�ChV�Vh�d[� $,*,-%�V�h]Vg�* >�eg�X�Vi�dc(�egde�gin�iVm�h�VcY�di]�g�iVm� � $,*.0%� L�[a�Xih�]��]�g�Y�eg�X�Vi�dc�VcY�Vbdgi�oVi�dc��me�ch��d[� $,*-.%�V�h]Vg��VcY�]��]�g�egde�gin�iVm�h�d[� $,*-,%�V�h]Vg�(�Wdi]� bVii�gh d[�l]�X]�Vg��g�Xdk�gVWa��jcY�g�i]��gVi��eaVch�VcY�i]��VWh�cX���c�.,.,�d[�V�g�YjXi�dc��c�i]��hVa�h�VcY�jh��iVm�g�h�gk��jedc� XdcXajh�dc�d[�i]��VjY�i�Vhh�hhb�ci�d[� $,*,.%�V�h]Vg�* Ii]�g� � $,*,0%� Jg�bVg�an�g�[a�Xih�[dg��dc��g�k�cj�h�[gdb�i]��hjhe�ch�dc�d[�Xjhidb�gh��aVi��eVnb�ci�X]Vg��h�VcY�X�giV�c�di]�g�[��h� VhhdX�Vi�Y�l�i]�i]���IPC>)-5�eVcY�b�X�d[� $,*,1%�V�h]Vg��VcY�i]��Y�aji�k���[[�Xi�d[��dc��Y�hdc�h�hidX���hhjVcX�h�d[� $,*,-%� V�h]Vg�* H�aNY�797CBL �� ��(�.$� C�F�N$ �]Vc��h��c�gVi��eaVch � ,*,-� L�[a�Xih�Vc��a�Xig�X�WVh��gVi���cXg�Vh��jcY�g�i]��XdbeVcn�h�gVi��eaVch* H�aNY�C�F �� �(�+� 7YRN��9�R�Tf�6b�V�R��R� Ie�gVi�dch�VcY�bV�ci�cVcX���me�ch�h � $,*,-%� Jg�bVg�an�g�[a�Xih�i�b�c��d[�bV�ci�cVcX��Xdhih* >�eg�X�Vi�dc�VcY�Vbdgi�oVi�dc � $,*,-%� L�[a�Xih�Vc��cXg�Vh���c�g�c�lVWa���a�Xig�X�egdYjXi�dc�egd��Xih��c�de�gVi�dc�Yjg�c��.,.,* H�i��ci�g�hi��me�ch� � ,*,5� Jg�bVg�an�g�[a�Xih�adl�g�jcg�Va�o�Y�adhh�h�dc��ci�g�hi�gVi��hlVeh��c�i]��.,.,�e�g�dY* BF<P��[[�Xih � ,*,1� Jg�bVg�an�g�[a�Xih�adl�g�adhh�h�[gdb�iVm��fj�in�egd��Xih��c�i]��.,.,�e�g�dY* �����Ii]�g � $,*,.%� Jg�bVg�an�g�[a�Xih�i]��VWh�cX��d[�V�eg�dg�e�g�dY�VY�jhib�ci�g�aVi�Y�id�g�h�VgX]�"�Y�k�adeb�ci�Xg�Y�ih�g�XdgY�Y��c�.,-5* H�aNY�796� �� �(+�� 7���9QV����H�N��ZV��V�� H�aNY�79H �� i� CaUR� JVg�ci�XdbeVcn�VcY�Xdchda�YVi�dc�VY�jhib�cih �� ��(�,$� Jg�bVg�an�g�[a�Xih�]��]�g�H�l�Sdg��MiVi���cXdb��iVm* FR���aRQ�9DG���55D$ �� �(�/� BF<P��[[�Xih�d[�i]���a�Vc��c�g�n�<jh�c�hh�h � $,*,1%� H�i�bVg�)id)bVg��i��[[�Xih�d[�i]���a�Vc��c�g�n� � $,*,2%� L�[a�Xih�jcg�Va�o�Y�adhh�h�dc��ci�g�hi�gVi��hlVeh(�d[[h�i��c�eVgi�Wn�jcg�Va�o�Y�l]da�hVa���c�g�n��V�ch* <jh�c�hh�h 5QWb�aRQ�9DG�����'�55D$ �� ��(�0$� V* OcY�g�i]��g�k�cj��Y�Xdjea�c��b�X]Vc�hbh��c�i]��Oi�a�i��hs�H�l�Sdg���a�Xig�X�VcY��Vh�gVi��eaVch�VcY�i]��l�Vi]�g)cdgbVa�oVi�dc�XaVjh��Veea�XVWa��id�i]��g��Vh�Wjh�c�hh�h(�g�k�cj�h�Vg����c�gVaan�cdi�V[[�Xi�Y� Wn�X]Vc��h��c�Y�a�k�gn�kdajb�h�[gdb�a�k�ah�Vhhjb�Y�l]�c�gVi�h�l�g��Veegdk�Y*�Cc���c�gVa(�i]��Oi�a�i��h�g�Xdk�g�dc�V�Xjgg�ci�WVh�h�i]��[j�a(��Vh�ejgX]Vh�Y�[dg�g�hVa��VcY�ejgX]Vh�Y�edl�g�Xdhih�i]�n��cXjg��c� hjeean�c���c�g�n�id�i]��g�[jaa)h�gk�X��Xjhidb�gh*�;XXdgY�c�an(�hjX]�Xdhih�Yd�cdi���c�gVaan�V[[�Xi��dc��Y�hdcsh�g�hjaih�d[�de�gVi�dch* 5


 
-E�,�,��c�(�-E�,�+3�9DG�FRP��PVYVNaV���Of�7�Z�N�f HU�RR�A��aU��9�QRQ�GR�aRZOR��-�&�,�,�� 797CBL C�F 796� 79H CaUR��P$ H�aNY FR���aRQ�9DG�h��55D�ON�V� �+(,+ ��(�2 ��(+1 ��(�. ���(�-$ �+(.1 BF<P��[[�Xih�d[�i]���a�Vc��c�g�n�<jh�c�hh�h�$eg�)iVm% q q ,*,/ q q ,*,/ CcXdb��iVm�h�$V% q q $,*,-% q q $,*,-% ��6J�RSSRPa���S�aUR�7YRN��9�R�Tf�6b�V�R��R����Ra��S�aNe$ i i �(�, i i �(�, H�i�bVg�)id)bVg��i�adhh�h�$eg�)iVm% q q $,*,-% q q $,*,-% CcXdb��iVm�h�$W% q q q q q q BRa�ZN��'a�'ZN��Ra�Y���R����Ra��S�aNe$ i i ��(�+$ i i ��(�+$ 5QWb�aRQ�9DG�h�B��'�55D�ON�V� �+(,+ ��(�2 ��(+2 ��(�. ���(�-$ �+(.2 HU�RR�A��aU��9�QRQ�GR�aRZOR��-�&�,�+3� 797CBL C�F 796� 79H CaUR��P$ H�aNY FR���aRQ�9DG�h��55D�ON�V� �+(,/ ��(�1 ��(�1 ��(�. ���(�+$ �+(., BF<P��[[�Xih�d[�i]���a�Vc��c�g�n�<jh�c�hh�h�$eg�)iVm% q q ,*-, q q ,*-, CcXdb��iVm�h�$V% q q $,*,/% q q $,*,/% ��6J�RSSRPa���S�aUR�7YRN��9�R�Tf�6b�V�R��R����Ra��S�aNe$ i i �(�1 i i �(�1 H�i�bVg�)id)bVg��i�adhh�h�$eg�)iVm% q q ,*,3 q q ,*,3 CcXdb��iVm�h�$W% q q $,*,.% q q $,*,.% BRa�ZN��'a�'ZN��Ra�Y���R����Ra��S�aNe$ i i �(�/ i i �(�/ 5QWb�aRQ�9DG�h�B��'�55D�ON�V� �+(,/ ��(�1 ��(+3 ��(�. ���(�+$ �+(/. V* N]��Vbdjci�d[��cXdb��iVm�h�lVh�XVaXjaVi�Y�jh�c��V�XdbW�c�Y�[�Y�gVa�VcY�hiVi���cXdb��iVm�gVi��d[�..��VcY�./��[dg�i]��i]g���bdci]h��cY�Y�M�ei�bW�g�/,(� .,.,�VcY�.,-5(�g�he�Xi�k�an* W* N]��Vbdjci�d[��cXdb��iVm�h�lVh�XVaXjaVi�Y�jh�c��V�XdbW�c�Y�[�Y�gVa�VcY�hiVi���cXdb��iVm�gVi��d[�.5��VcY�.2��[dg�i]��i]g���bdci]h��cY�Y�M�ei�bW�g�/,(� .,.,�VcY�.,-5(�g�he�Xi�k�an* X* CcXajY�h�eVg�ci�XdbeVcn�VcY�Xdchda�YVi�dc�VY�jhib�cih* -,


 
7���9QV����9�cV���ZR�aNY&�G�PVNY�����cR��N�PR��9G�$�FR��b�PR� v 9G��D�R�R�aNaV���p��dc��Y�hdc�h��ck�gdcb�ciVa�MdX�Va�"� Adk�gcVcX��eg�h�ciVi�dc�dc�;j�jhi�.2(�.,., v Gb�aNV�NOVYVaf�FR���a�p��dc��Y�hdc�h�.,-5�MjhiV�cVW�a�in�g�edgi v Ijg��MA�g�edgi�c��hiVcYVgYh6 v 9QV����9YRPa�VP����aVabaR�)�5ZR�VPN���N��5���PVNaV���9G�� aRZ�YNaR��p�CcYjhign�g�edgi�c��hiVcYVgYh v Gb�aNV�NOVYVaf�5PP�b�aV�T�GaN�QN�Q��6�N�Q��G5G6$�p�<gdVY� �MA�g�edgi�c��hiVcYVgY�VYdei�Y�Wn��dc��Y�hdc��c�.,., v HN���:��PR����7YVZNaR'FRYNaRQ�:V�N�PVNY�8V�PY��b�R�� �H7:8$�p�WgdVY��MA�g�edgi�c��hiVcYVgY�VYdei�Y�Wn��dc� �Y�hdc��c�.,., F�c��id�bdg���MA�g�hdjgX�h6�]iieh6++Xdc�Y�hdc*�Xh)l�W*Xdb+�ck�gdcb�ciVa)hdX�Va)VcY)�dk�gcVcX�)�h�)g�hdjgX�h --


 
7���9QV����9�cV���ZR�aNY&�G�PVNY�����cR��N�PR�FR��b�PR����6�8��� k �dc��Y�hdcsh�7YRN��9�R�Tf�JV�V���add��c��idlVgY�V�Xa�Vc��c�g�n� [jijg� k 7YVZNaR�7UN�TR�JbY�R�NOVYVaf�GabQf�p�>�X�bW�g�.,-5 k N]��.,-5�8VcR��Vaf�N�Q���PYb�V���FR���a��mVb�c�h��dc��Y�hdc�h� Y�k�gh��VcY��cXajh�k��Xjaijg� k ,�,��D��ef�GaNaRZR�a k B��]a��]i�c��]dl�i]���dbeVcn�hjeedgih�djg�Xdbbjc�i��h�i]gdj�]� 7�ZZb�Vaf�DN�a�R��UV�� k Ijg�MiVcYVgYh�d[�<jh�c�hh��dcYjXi��j�Y��djg�D�YVaVPNY�9�TNTRZR�a F�c��id�bdg���MA�g�hdjgX�h6�]iieh6++Xdc�Y�hdc*�Xh)l�W*Xdb+�ck�gdcb�ciVa)hdX�Va)VcY)�dk�gcVcX�)�h�)g�hdjgX�h -.


 
7���9QV����Gb�aNV�NOVYVaf�FN��V�T��N�Q�FNaV�T��S���,�+3',�,� v ;;�dji�d[�;;;��MA�gVi�c��Wn�AG7� v /gY�Vbdc��ji�a�i��h��c�MjhiV�cVW�a�in�CcY�m�Wn��(8(�D�dR� v .cY��c�<jh�c�hh��jhidb�g�MVi�h[VXi�dc�Vbdc��aVg���ji�a�i��h��c�i]�� �Vhi�Wn��(8(�D�dR� v .cY�Vbdc��ji�a�i��h�Wn�8VcR��Vaf���P( v 0i]�Vbdc��ji�a�i��h�VcY�Vbdc��CcY�m�Ng�cYh�ii�gh�l�i]�hXdg��d[�50*/� �c�i]��.,.,�7D5'MVP�YV����QRe�[dg��dgedgVi��Jda�i�XVa�>�hXadhjg�� VcY�;XXdjciVW�a�in v 2i]�Vbdc��ji�a�i��h�Wn��IGH�7N�VaNY v ;bdc��/,,�Gdhi�L�hedch�Wa���dbeVc��h�Wn�BRd�dRR�sh�.,.,� ;b�g�XVsh�Gdhi�L�hedch�Wa���dbeVc��h v 4i]�dk�gVaa�Wn�AVYVaN�f�HVZR��<�hi�[dg�P�ih -/


 
:V�N�PVNY��Z�NPa���S�7CJ�8'+3�S���aUR�BV�R�A��aU��9�QRQ� GR�aRZOR��-�&�,�,� �Z�NPa������P�ZR�ORS��R�������� V�P�ZR�aNe�Re�R��R�N$ 6NYN�PR�GURRa��Z�NPa $ ��c�b�aa�dch% $ ��c�b�aa�dch% 797CBL 9Z�Y�fRR��RaR�aV���aNe�P�RQVa� 2*0 b�QR��aUR�75F9G�5Pa :��RT��R�YNaR��NfZR�a� $0/*1% PUN�TR�)�aUR��PUN�TR� /-5*. -4-*- $-.*3% ANaR�VNY�)�b��YVR��N�Q�C�A ��P�RN�R��a��NYY�dN�PR�S��� H�aNY ��.3(2$ b�P�YYRPaVOYR�NPP�b�a��dR�R�SbYYf� -4*3 QRSR��RQ�Q$ �a�Xig�X AVh ��P�RN�R�V��NTRQ� ��P�RN�R�V��QRSR��RQ�F8A��RcR�bR�� 5)F�O$ S��Z�Pb�a�ZR���P$ C�F 9Z�Y�fRR��RaR�aV���aNe�P�RQVa� -*- b�QR��aUR�75F9G�5Pa :��RT��R�YNaR��NfZR�a� $.*0% PUN�TR�)�aUR��PUN�TR� -.*, $-*/% ANaR�VNY�)�b��YVR��N�Q�C�A $,*4% ��P�RN�R��a��NYY�dN�PR�S��� 1*, b�P�YYRPaVOYR�NPP�b�a��dR�R��N�aVNYYf� H�aNY ��-(/$ �Q$ -*/ QRSR��RQ �a�Xig�X AVh ��P�RN�R�V��NTRQ� ��P�RN�R�V��QRSR��RQ�F8A��RcR�bR�� 5)F�O$ S��Z�Pb�a�ZR���P$ V* H�i��cXdb���beVXi�d[� $,*--%+h]Vg��VcY� $,*,-%+h]Vg��[dg����IHS�VcY�I"L(�g�he�Xi�k�an W* L�eg�h�cih�Vc��cXg�Vh���c�i]��VXXdjcih�g�X��kVWa��$;+L%�WVaVcX���c�Vgg�Vgh�dk�g�2,�YVnh�[gdb�@�WgjVgn�.4�id�M�ei�bW�g�/,(�.,., X* L�eg�h�cih�i]���cXg�Vh���c�i]��L>G�g�X��kVWa��[gdb�Xjhidb�gh�[dg�i]��c�c��bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,�[gdb�i]���IPC>)-5�eVcY�b�X(�l�Vi]�g�[dg����IHS� VcY�I"L��a�Xig�X�VcY�di]�g�[VXidgh*����IHSsh��a�Xig�X�L>G�WVaVcX��Vh�d[�Djc��/,(�.,.,��h�W��c��g�Xdk�g�Y�[gdb�Xjhidb�gh�W���cc�c��;j�jhi�.,.,�dk�g�i]���chj�c�� h�m�bdci]�e�g�dY Y* >�[�ggVa��c�M�ei�bW�g�.,.,�jcY�g�i]��a���haVi�k�(�g��jaVidgn�VcY�g�aVi�Y�VXi�dch�egdk�h�dc�d[����IHS�h��a�Xig�X�VcY��Vh�gVi��eaVch�VcY�I"L�h��a�Xig�X�gVi��eaVc -0


 
ANV�aNV�V�T�:�Pb�����Cb��7��R�D�V�PV�YR��8b�V�T�aUR�DN�QRZVP v MV[�in�VcY�g�a�VWa��h�gk�X��g�bV�c�ide�eg�dg�i��h�������������������������������������������������������������������������������� [dg��dc��Y�hdc p GdW�a�o�Y�V�eVcY�b�X�eaVcc�c��i�Vb��c����������������������������������������������������������������������������������� DVcjVgn�VcY�Vc��cX�Y�ci�XdbbVcY�hnhi�b��������������������������������������������������������������������������� higjXijg��dc�GVgX]�-2i]� p Gdg��i]Vc�4(,,,�d[�djg��beadn��h�Vg������������������������������������������������������������������������������������������� ldg��c��[gdb�]db��dg�g�bdi�an p Jg�)�cign�hnbeidb�hjgk�nh�[dg��beadn��h����������������������������������������������������������������� Vgg�k�c��Vi�Xg�i�XVa�adXVi�dch v Cc�GVgX](�W��Vc�hjhe�cY�c��ji�a�in�h�gk�X��Y�hXdcc�Xi�dch(�X�giV�c�Xdaa�Xi�dc�cdi�X�h(�[�cVa�W�aa� Xdaa�Xi�dc�V��cXn�VXi�k�in(�c�l�aVi��eVnb�ci�X]Vg��h�VcY�X�giV�c�di]�g�[��h�[dg�Vaa�Xjhidb�gh p @dg�i]��c�c��bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,(�i]���hi�bVi�Y�[dg��dc��g�k�cj�h�i]Vi� l�g��cdi�Xdaa�Xi�Y�l�g��Veegdm�bVi�an� 00�b�aa�dc�VcY� .*,�b�aa�dc�[dg����IHS�VcY� I"L(�g�he�Xi�k�an p ;h�d[�M�ei�bW�g�/,(�.,.,(�djg�g�h�gk�h�id�i]��VaadlVcX��[dg�jcXdaa�Xi�Wa��VXXdjcih� VhhdX�Vi�Y�l�i]�i]���IPC>)-5�eVcY�b�X�l�g���cXg�Vh�Y�Wn� 02�b�aa�dc�VcY� .*4�b�aa�dc� [dg����IHS�VcY�I"L(�g�he�Xi�k�an*�Cc�M�ei�bW�g�.,.,(�jcY�g�i]��a���haVi�k�(�g��jaVidgn� VcY�g�aVi�Y�VXi�dch�egdk�h�dc�d[����IHS�h��a�Xig�X�VcY��Vh�gVi��eaVch�VcY�I"L�h��a�Xig�X� gVi��eaVc(� 02�b�aa�dc�VcY� .�b�aa�dc�d[�i]��eg�k�djhan�g�XdgY�Y��cXg�Vh�h�l�g��Y�[�gg�Y� [dg����IHS�VcY�I"L(�g�he�Xi�k�an -1


 
7b�a�ZR��6�RN�Q�d���S�9YRPa�VP�8RYVcR�VR��N�Q�FRcR�bR�� -2


 
9�aVZNaRQ�B��'KRNaUR���Z�NPa����9YRPa�VP�8RYVcR�f�J�YbZR�N�Q� FRcR�bR��S���AN�PU�+0�a��CPa�OR��-+&�,�,� �Z�NPa����9YRPa�VP�8RYVcR�f�J�YbZR�N$ �Z�NPa����9YRPa�VP�8RYVcR�f�FRcR�bR��O$ G�aa�dch�d[��Q]�Y�a�k�g�Y ��c�i]djhVcYh 797CBL 797CBL --� ��4� /50 05(.1. -01 /42 02(/3, $-52% -2(,35 $124% $020% $--(-,/% $/4(/40% $/,(35/% $/1/% $.0(04/% $-3%� $-(/04% $-,2(-32% ��$-2%� $-(,20% $44(1/0% $-3%� ��$-0%� L�h�Y�ci�Va �dbb�gX�Va HSJ; L�h�Y�ci�Va �dbb�gX�Va HSJ; C�F C�F ��5� �3� 00 /(503 12 0(23, .2 -(2,3 $03% $-(0,5% $0(.0,% $4/% $/(1,-% $13% �$5%� $-,%� L�h�Y�ci�Va �dbb�gX�Va L�h�Y�ci�Va �dbb�gX�Va ���IHS�)�GVgX]�-2(�.,.,�id�;eg�a�/,(�.,., I"L�)�GVgX]�-2(�.,.,�id�;eg�a�/,(�.,., ���IHS�)�GVn�-(�.,.,�id�Djan�/-(�.,., I"L�)�GVn�-(�.,.,�id�Djan�/-(�.,., ���IHS�)�;j�jhi�-(�.,.,�id�IXidW�g�/-(�.,., I"L�)�;j�jhi�-(�.,.,�id�IXidW�g�/-(�.,., V* CbeVXi��hi�bVi�Y�Vh�XdbeVg�Y�id�WjY��i�[dg�i]��e�g�dY�GVgX]�-2(�.,.,�id�IXidW�g�/-(�.,.,*� W* CbeVXi��hi�bVi�Y�Vh�XdbeVg�Y�id�WjY��i�[dg�i]��e�g�dY�GVgX]�-2(�.,.,�id�IXidW�g�/-(�.,.,*�;bdjcih�Y�[�gg�Y�VcY� ��c�gVaan�g�Xdk�gVWa���c�i]��;j�jhi�p�DVcjVgn�e�g�dY�[dg����IHS�VcY�@�WgjVgn�p�[daadl�c��DVcjVgn�e�g�dY�[dg�I"L�i]gdj�]� i]��g�k�cj��Y�Xdjea�c��b�X]Vc�hb�egdk�h�dch��c�i]��g�he�Xi�k��gVi��eaVch* -3


 
�V�bVQVaf�I�QNaR v �dc��Y�hdcsh� .(.1,�b�aa�dc�Xg�Y�i�[VX�a�in�hjeedgih�Xdbb�gX�Va�eVe�g�Wdggdl�c��l�i]� -(.0-�b�aa�dc�d[�g�bV�c�c��XVeVX�in�VkV�aVWa��Vh�d[�M�ei�bW�g�/,(�.,.,*;YY�i�dcVaan� �dc��Y�hdc�]VY� -1/�b�aa�dc�d[�XVh]�VcY�i�bedgVgn�XVh]��ck�hib�cih�Vh�d[� M�ei�bW�g�/,(�.,.,* v @�cVcX�c��eaVc�[dg�.,.,6 p >�Wi6�Chhj��W�il��c� -(1,,�b�aa�dc�VcY� .(,,,�b�aa�dc�d[�adc�)i�gb�Y�Wi(� eg�bVg�an�Vi�i]��Oi�a�i��h(��c�VYY�i�dc�id��hhjVcX��d[�adc�)i�gb�Y�Wi�id�g�[�cVcX�� bVijg�i��h�Vi����IHS p �fj�in6�Chhj��je�id� 2,,�b�aa�dc�d[�Xdbbdc��fj�in��c�.,.,��c�VYY�i�dc�id��fj�in� �hhj�Y�i]gdj�]�Y�k�Y�cY�g��ck�hib�ci(��beadn���hidX��ejgX]Vh��VcY�adc�)i�gb� �cX�ci�k��eaVch�VcY��c�VYY�i�dc�id�i]��-*,1�b�aa�dc�h]Vg�h��hhj�Y�[dg� 44�b�aa�dc��c� DVcjVgn�.,.,�id�h�iia��i]��g�bV�cY�g�d[�V�GVn�.,-5��fj�in�[dglVgY�igVchVXi�dc v >�Wi�bVijg�i��h�+�Vbdgi�oVi�dch�[dg�.,.,�Vg�� 1-4�b�aa�dc6����IHS� /1,�b�aa�dc� $Djc�%7���<� -21�b�aa�dc7�VcY���C� /�b�aa�dc v Mi�eh�l��]Vk��iV��c��c�.,.,�id��begdk��djg�a�fj�Y�in�edh�i�dc p Cc�GVgX](����IHS��hhj�Y� -(2,,�b�aa�dc�d[�Ag��c�>�W�cijg�h p Cc�Djan(��dc��Y�hdc�Wdggdl�Y� 4.,�b�aa�dc�ejghjVci�id�V�i�gb�adVc p Cc�M�ei�bW�g(�I"L��hhj�Y� 31�b�aa�dc�d[�Y�W�cijg�h -4


 
H�N���N�R�a�FNaR'AN�V�T�D��PR��� v ;Wdji�43��d[���C�g�k�cj�h� VcY�50��d[�Oi�a�i��h�g�k�cj�h� Vg��hjW��Xi�id�V�g��jaVidgn� g�Xdk�gn�b�X]Vc�hb(��*�*� g�k�cj��Y�Xdjea�c�� b�X]Vc�hbh v LVi��eaVch�egdk�Y��[dg�V�idiVa� d[� 10�b�aa�dc�[dg�WVY�Y�Wi� �me�ch��Vi����IHS�VcY� I"L�[dg�.,., v �jgg�cian�l��]Vk��cd�de�c� gVi��XVh��[�a�c�h�l�i]�i]�� HSMJM��dg�i]��HD<JO & OcY�g�i]��g�k�cj��Y�Xdjea�c��b�X]Vc�hbh�[dg����IHS��a�Xig�X�VcY�I"L��a�Xig�X(�g�k�cj�h�Vg����c�gVaan�cdi�V[[�Xi�Y�Wn�X]Vc��h��c�l�Vi]�g* -5


 
Gb����aV�T�aUR�7�ZZb�Vaf�8b�V�T�aUR�DN�QRZVP v >�eadn�Y�-�GQ���c�gVidg�id�hjeedgi�i]��[��aY� ]dhe�iVa�h�ije�adXVi�Y�Vi�i]��<gdd�anc��gj�h�� N�gb�cVa��c�L�Y�Bdd� v �meVcY�Y��g�Y�h�gk�X��dg�egdk�Y�Y��c��c��g�c�� h�gk�X�h�[dg��b�g��cXn�[��aY�]dhe�iVah6� p ;i�Q�hiX]�hi�g��djcin���ci�g�id�hjeedgi�V� -,,)W�Y�[VX�a�in p ;i�DVk�ih���ci�g�id�hjeedgi�V�.(1,,)W�Y�[VX�a�in p Ccid���cigVa�JVg�sh��Vhi�G�VYdl�id�hjeedgi� Gdjci�M�cV��Bdhe�iVash��b�g��cXn�[VX�a�in p ;i�O*M*�Ie�c�[VX�a�in��c�Kj��ch�id�hjeedgi�V� 1,,)W�Y�[VX�a�in v Jgdk�Y�Y�YdcVi�dch�id�i]��GVndgsh�@jcY��HS�� B�Vai]XVg��B�gd�h�@jcYt�VcY�i]��@>HS�VcY� HSJ>�@djcYVi�dch�id�hjeedgi�HS��[�ghi� g�hedcY�gh v >dcVi�Y�Vabdhi�-,,(,,,�H51�bVh�h�[dg�]�Vai]XVg�� ldg��gh v <j�aY�c��0,(,,,�[VX��h]��aYh��c�djg�bVX]�c��h]de� [dg�]�Vai]XVg��ldg��gh .,


 
-E�,�,��8RcRY��ZR�a��N$ 797CBL�"�C�F v Cc�GVgX]�.,.,(�H�l�Sdg��MiVi��Adk�gcdg��jdbd�Y�XaVg�Y�V�MiVi��>�hVhi�g��b�g��cXn�[dg�i]��MiVi��d[�H�l�Sdg�(�Yj��id�i]�� �IPC>)-5�eVcY�b�X�VcY�h��c�Y�i]���H�l�Sdg��MiVi��dc�J;OM����m�Xji�k��dgY�g�i]Vi�Xadh�Y�Vaa�cdc)�hh�ci�Va�Wjh�c�hh�h� hiVi�l�Y�*�H�l�Sdg��MiVi��Y�h��cVi�Y�ji�a�i��h(��cXajY�c�����IHS�VcY�I"L(�Vh��hh�ci�Va�Wjh�c�hh�h�i]Vi�l�g��VWa��id�Xdci�cj�� V�edgi�dc�d[�i]��g�ldg��Yjg�c��i]���[[�Xi�k�c�hh�d[�i]��J;OM��dgY�g*�Cc�GVn�.,.,(�i]���H�l�Sdg��@dglVgY��eaVc�l�ci��cid��[[�Xi*� H�l�Sdg��@dglVgY��h�V�e]Vh�Y�eaVc�id�g�de�c�Wjh�c�hh�h��c���d�gVe]�X�Vg�Vh�d[�H�l�Sdg��MiVi��i]Vi�b��i�b�ig�Xh��hiVWa�h]�Y� Wn�kVg�djh�ejWa�X�]�Vai]�dg�Vc�oVi�dch*�Cc�IXidW�g�.,.,(�Adk�gcdg��jdbd�VccdjcX�Y�V�c�l�Xajhi�g�VXi�dc��c�i�Vi�k��id�VYYg�hh� �IPC>)-5�]dihedih�i]Vi�]Vk��Vg�h�c��c�kVg�djh�Vg�Vh�d[�H�l�Sdg��l�i]�c�i]��Oi�a�i��hs�h�gk�X��i�gg�idgn�VcY�id��bedh��c�l�gja�h� VcY�g�hig�Xi�dch�iVg��i�Y�id�Vg�Vh�l�i]�i]��]��]�hi�XdcX�cigVi�dc�d[��IPC>)-5�XVh�h�VcY�i]��hjggdjcY�c��Xdbbjc�i��h*�;h�V� g�hjai�d[�i]�h���IPC>)-5�Xajhi�gh(�i]��Oi�a�i��h�]Vk��a�b�i�Y�i]��g�ldg���c�Xjhidb�g�eg�b�h�h��c�i]���beVXi�Y�Vg�Vh�id�dcan� VYYg�hh��b�g��cXn(�hV[�in)g�aVi�Y�VcY�h�a�Xi�Y�h�gk�X��Xdcc�Xi�dch�g�fj�hi�Y�Wn�Xjhidb�gh*�M�cX��i]���b�g��cXn� Y�XaVgVi�dc(�VcY�Yj��id��Xdcdb�X�XdcY�i�dch(�i]��HSMJM��VcY�i]��Oi�a�i��h�]Vk��ldg��Y�id�b�i��Vi��i]��edi�ci�Va��beVXi�d[�i]�� �IPC>)-5�eVcY�b�X�dc�i]��Oi�a�i��h(�i]��g�Xjhidb�gh�VcY�di]�g�hiV��]daY�gh*�$eV��h�.0(�1/% v Cc�GVgX]�.,.,(�i]��Oi�a�i��h�W��Vc�hjhe�cY�c��h�gk�X��Y�hXdcc�Xi�dch(�X�giV�c�Xdaa�Xi�dc�cdi�X�h(�[�cVa�W�aa�Xdaa�Xi�dc�V��cXn� VXi�k�in(�c�l�aVi��eVnb�ci�X]Vg��h�VcY�X�giV�c�di]�g�[��h�[dg�Vaa�Xjhidb�gh*�N]��Oi�a�i��h�Vahd�W��Vc�egdk�Y�c��eVnb�ci� �mi�ch�dch�[dg�Vaa�Xjhidb�gh�i]Vi�l�g��hX]�Yja�Y�id�W��Y�hXdcc�Xi�Y�eg�dg�id�i]��hiVgi�d[�i]���IPC>)-5�eVcY�b�X*�Cc�Djc��.,.,(� i]��hiVi��d[�H�l�Sdg���cVXi�Y�V�aVl�egd]�W�i�c��H�l�Sdg��ji�a�i��h(��cXajY�c�����IHS�VcY�I"L(�[gdb�Y�hXdcc�Xi�c��g�h�Y�ci�Va� Xjhidb�gh�Yjg�c��i]���IPC>)-5�hiVi��d[��b�g��cXn*�Cc�VYY�i�dc(�hjX]�egd]�W�i�dc�l�aa�Veean�[dg�Vc�VYY�i�dcVa�-4,�YVnh�V[i�g�i]�� hiVi��d[��b�g��cXn��cYh�[dg�g�h�Y�ci�Va�Xjhidb�gh�l]d�]Vk���me�g��cX�Y�V�X]Vc����c�[�cVcX�Va�X�gXjbhiVcX�h�Yj��id�i]�� �IPC>)-5�eVcY�b�X*�N]��aVl��me�g�h�dc�GVgX]�/-(�.,.-*�@dg�i]��i]g���VcY�c�c��bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,(�i]�� �hi�bVi�Y�[dg��dc��g�k�cj�h�i]Vi�l�g��cdi�Xdaa�Xi�Y�Wn�i]��Oi�a�i��h�l�g��Veegdm�bVi�an� .-�b�aa�dc�VcY� 00�b�aa�dc(� g�he�Xi�k�an(�[dg����IHS�VcY� -*,�b�aa�dc�VcY� .*,�b�aa�dc(�g�he�Xi�k�an(�[dg�I"L*�$eV��h�.0(�1/% v Cc�Djc��.,.,(�i]��HSMJM��Y�g�Xi�Y����IHS�id��bea�b�ci�V�hjbb�g�Xdda�c��Xg�Y�i�egd�gVb�id�]�ae�b�i��Vi��i]��Xdhi�d[� hiVn�c��]db��VcY�gjcc�c��V�g�XdcY�i�dc�c��[dg�]�Vai])kjac�gVWa��adl)�cXdb��Xjhidb�gh�Yj��id�i]��a�b�i�Y�VkV�aVW�a�in�d[�ejWa�X� Xdda�c��[VX�a�i��h�Vh�V�g�hjai�d[�i]���IPC>)-5�hdX�Va�Y�hiVcX�c��b�Vhjg�h*�N]��HSMJM��[jgi]�g�dgY�g�Y�i]Vi�i]���hi�bVi�Y� 3,*2�b�aa�dc�Xdhi�d[�i]��egd�gVb�l�aa�W��g�Xdk�g�Y�dk�g�[�k��n�Vgh(�W���cc�c���c�DVcjVgn�.,.-*�;h�d[�M�ei�bW�g�/,(�.,.,(� ���IHS�Y�[�gg�Y�[dg�aVi�g�g�Xdk�gn� 2/*2�b�aa�dc�d[�hjbb�g�Xdda�c��Xg�Y�i�Xdhih*�$eV��h�.0).1(�1/% V* JV���g�[�g�cX�h�id�/K�.,.,�@dgb�-,)K* .-


 
-E�,�,��8RcRY��ZR�a����6�8����N$ 797CBL�"�C�F v N]��Oi�a�i��hs�H�l�Sdg��gVi��eaVch�Vaadl�i]�b�id�Y�[�g�Xdhih�g�hjai�c��[gdb�V�X]Vc����c�a���haVi�dc(�g��jaVi�dc�VcY�g�aVi�Y� VXi�dch�i]Vi�]Vk��iV��c��[[�Xi�Yjg�c��i]��i�gb�d[�i]��gVi��eaVch�dcX��i]��Xdhih��mX��Y�V�he�X�[��Y�i]g�h]daY*�@dg�i]��c�c�� bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,(�i]��g�h�gk���cXg�Vh�h�id�i]��VaadlVcX��[dg�jcXdaa�Xi�Wa��VXXdjcih�VhhdX�Vi�Y�l�i]�i]�� �IPC>)-5�eVcY�b�X�[dg����IHS��a�Xig�X�VcY��Vh�de�gVi�dch�VcY�I"L��a�Xig�X�de�gVi�dch�l�g�� 02�b�aa�dc�VcY� .�b�aa�dc(� g�he�Xi�k�an(�VcY�l�g��Y�[�gg�Y�ejghjVci�id�i]��a���haVi�k�(�g��jaVidgn�VcY�g�aVi�Y�VXi�dch�egdk�h�dch�d[�i]��gVi��eaVch�Vh�V� g�hjai�d[�i]��H�l�Sdg��MiVi��dc�J;OM��VcY�g�aVi�Y��m�Xji�k��dgY�gh*�N]��g�h�gk���cXg�Vh��id�i]��VaadlVcX��[dg� jcXdaa�Xi�Wa��VXXdjcih�VhhdX�Vi�Y�l�i]�i]���IPC>)-5�eVcY�b�X�[dg�I"L��Vh�de�gVi�dch�d[� -�b�aa�dc�Y�Y�cdi�b��i�i]�� Y�[�ggVa�i]g�h]daY�Vi�M�ei�bW�g�/,(�.,.,*�N]��Oi�a�i��hs�H�l�Sdg��gVi��eaVch�Vahd�egdk�Y��[dg�Vc�VaadlVcX��[dg�lg�i�)d[[h�d[� Xjhidb�g�VXXdjcih�g�X��kVWa��WVaVcX�h*�N]��VWdk��Vbdjcih�Y�[�gg�Y�ejghjVci�id�i]��a���haVi�k�(�g��jaVidgn�VcY�g�aVi�Y� VXi�dch�egdk�h�dch�l�g��g�YjX�Y�Wn�i]��Vbdjci�i]Vi�i]��VXijVa�lg�i�)d[[h�d[�Xjhidb�g�VXXdjcih�g�X��kVWa��WVaVcX�h�l�g�� W�adl�i]��VaadlVcX��g�[a�Xi�Y��c�gVi�h(�l]�X]�Y�[[�g�cX�h�l�g�� 4�b�aa�dc�VcY� -�b�aa�dc�[dg����IHS�VcY�I"L(� g�he�Xi�k�an��[dg�i]��c�c��bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,*�$eV��h�.1(�1/)10% v ;h�d[�M�ei�bW�g�/,(�.,.,(����IHS�Y�[�gg�Y(�[dg�H�l�Sdg����in�g�h�Y�ci�Va�Xjhidb�gh(� 02*4�b�aa�dc�d[�]��]�g�hjbb�g� ��c�gVi�dc�XVeVX�in�hjeean�Xdhih*����IHS��me�Xih�id�g�Xdk�g�Veegdm�bVi�an� -3�b�aa�dc�d[�hjX]�Xdhih�dk�g�i]��e�g�dY� Hdk�bW�g�.,.,�i]gdj�]�;eg�a�.,.-�VcY�i]��g�bV�c�c��WVaVcX��dk�g�i]��e�g�dY�GVn�.,.-�i]gdj�]�IXidW�g�.,.-*�$eV��h�.1(� 10% v ���IHSsh�VcY�I"Lsh�VaadlVcX�h�[dg�jcXdaa�Xi�Wa��VXXdjcih�g�h�gk���cXg�Vh�Y�[gdb� 21�b�aa�dc�VcY� 0*2�b�aa�dc�Vi� >�X�bW�g�/-(�.,-5�id� ---�b�aa�dc�VcY� 3*0�b�aa�dc�Vi�M�ei�bW�g�/,(�.,.,(�g�he�Xi�k�an*�$eV���12% v Cc�Djan�.,.,(�i]��HD<JO�Vji]dg�o�Y�L��I�VcY�di]�g�H�l�D�gh�n�ji�a�i��h�id�Xg�Vi��V��IPC>)-5)g�aVi�Y�g��jaVidgn�Vhh�i�Wn� Y�[�gg�c��egjY�cian��cXjgg�Y��cXg�b�ciVa�Xdhih�g�aVi�Y�id��IPC>)-5�W���cc�c��dc�GVgX]�5(�.,.,(�VcY�i]gdj�]�i]��aVi�g�d[� M�ei�bW�g�/,(�.,.-(�dg�2,�YVnh�V[i�g�i]���b�g��cXn�Y�XaVgVi�dc��h�cd�adc��g��c��[[�Xi*�L��I�Y�[�gg�Y�c�i��cXg�b�ciVa� �IPC>)-5�g�aVi�Y�Xdhih�d[� ,*/�b�aa�dc�i]gdj�]�M�ei�bW�g�/,(�.,.,*�$eV��h�.1(�10% V* JV���g�[�g�cX�h�id�/K�.,.,�@dgb�-,)K* ..


 
-E�,�,��8RcRY��ZR�a����6�8����N$ 797CBL�"�C�F v Cc�;j�jhi�.,.,(�Ngde�XVa�Midgb�ChV�Vh�XVjh�Y�h��c�[�XVci�YVbV���id�i]��Oi�a�i��hs��a�Xig�X�Y�hig�Wji�dc�hnhi�bh�VcY��ci�ggjei�Y� h�gk�X��id�Veegdm�bVi�an�//,(,,,����IHS��a�Xig�X�Xjhidb�gh�VcY�Veegdm�bVi�an�.,,(,,,�I"L��a�Xig�X�Xjhidb�gh*�;h�d[� M�ei�bW�g�/,(�.,.,(����IHS��cXjgg�Y�Xdhih�[dg�Ngde�XVa�Midgb�ChV�Vh�d[� -0.�b�aa�dc�$�cXajY�c�� 3/�b�aa�dc�d[�de�gVi�dc�VcY� bV�ci�cVcX���me�ch�h�X]Vg��Y�V�V�chi�V�hidgb�g�h�gk��ejghjVci�id��ih��a�Xig�X�gVi��eaVc(� 12�b�aa�dc�d[�XVe�iVa��me�cY�ijg�h� VcY� -/�b�aa�dc�d[�de�gVi�dc�VcY�bV�ci�cVcX���me�ch�h%*�;h�d[�M�ei�bW�g�/,(�.,.,(�I"L��cXjgg�Y�Xdhih�[dg�Ngde�XVa�Midgb� ChV�Vh�d[� /,�b�aa�dc�$�cXajY�c�� ./�b�aa�dc�d[�de�gVi�dc�VcY�bV�ci�cVcX���me�ch�h�X]Vg��Y�V�V�chi�V�hidgb�g�h�gk��ejghjVci� id��ih�H�l�Sdg���a�Xig�X�gVi��eaVc�VcY� 3�b�aa�dc�d[�XVe�iVa��me�cY�ijg�h%*�N]��Oi�a�i��hs��a�Xig�X�gVi��eaVch�egdk�Y��[dg�g�Xdk�gn�d[� de�gVi�c��Xdhih�VcY�XVe�iVa��me�cY�ijg�h�jcY�g�Y�[[�g�ci�egdk�h�dch*�N]��Oi�a�i��hs��cXg�b�ciVa�de�gVi�c��Xdhih�Viig�WjiVWa��id� hidgbh�Vg��id�W��Y�[�gg�Y�[dg�g�Xdk�gn�Vh�V�g��jaVidgn�Vhh�i�jcY�g�i]��g��a�Xig�X�gVi��eaVch(�l]�a��XVe�iVa��me�cY�ijg�h(�je�id� he�X�[��Y�a�k�ah(�Vg��g�[a�Xi�Y��c�gVi�h�jcY�g�i]��g��a�Xig�X�gVi��eaVch*�Cc�VYY�i�dc(����IHS�VcY�I"L�g�h�gk�Y�[dg�Xjhidb�g� W�c�[�i� 1�b�aa�dc�VcY� .�b�aa�dc(�g�he�Xi�k�an(�[dg��hi�bVi�Y�[ddY�VcY�b�Y�X�c��hed�aV���XaV�bh�Vh�d[�M�ei�bW�g�/,(�.,.,*�N]�� egdk�h�dch�d[�i]��Oi�a�i��hs�H�l�Sdg���a�Xig�X�gVi��eaVch�i]Vi��bedh��c��Vi�k��g�k�cj��VY�jhib�cih�[dg�de�gVi�c��e�g[dgbVcX�� egdk�Y��[dg��mX�ei�dch�[dg�bV�dg�hidgbh�VcY�XViVhigde]�X��k�cih�W�ndcY�i]��Xdcigda�d[�i]��XdbeVc��h(��cXajY�c��cVijgVa� Y�hVhi�gh�hjX]�Vh�]jgg�XVc�h�VcY�[addYh*�Cc�;j�jhi�.,.,(�i]��H�l�Sdg��MiVi��>�eVgib�ci�d[�JjWa�X�M�gk�X��$HSM>JM%��hhj�Y� id��VX]�d[����IHS�VcY�I"L�V�Hdi�X��d[�;eeVg�ci�P�daVi�dch�L�aVi�Y�id�Ngde�XVa�Midgb�ChV�Vh*�N]��cdi�X�h(�Vbdc��di]�g� i]�c�h(�Vhh�gi�Y�i]Vi(�WVh�Y�dc�HSM>JM���c�i�Va��ck�hi��Vi�dch(�i]��Oi�a�i��h�l�g���c�VeeVg�ci�k�daVi�dc�d[�i]��H�l�Sdg��MiVi�� JjWa�X�M�gk�X��FVl�[dg�Vaa���Yan�[V�a�c��id�[daadl�i]��g�fj�g�b�cih�d[�i]��g��b�g��cXn�g�hedch��eaVch�VcY�Vhh�gi�Y�i]Vi�i]�� HSMJM��bVn�h����id�Xdbb�cX��VYb�c�higVi�k��e�cVain�egdX��Y�c�h�V�V�chi�i]��Oi�a�i��h*�N]��cdi�X�h�Vahd�egdk�Y�Y�[dg� h�k�gVa�Xdgg�Xi�k��VXi�dch�i]Vi�i]��Oi�a�i��h�]Vk��h�cX���bea�b�ci�Y*�N]��cdi�X�h�[jgi]�g�Vhh�gi�Y�i]Vi6�i]��HSMJM���h� Vji]dg�o�Y�id�g�kd���dg�bdY�[n�ji�a�in�X�gi�[�XVi�h�id�de�gVi��WVh�Y�dc�[�cY�c�h�d[�g�e�Vi�Y�k�daVi�dch�i]Vi�Y�bdchigVi��V�[V�ajg�� d[�V�ji�a�in�XdgedgVi�dc�id�Xdci�cj��id�egdk�Y��hV[��VcY�VY�fjVi��h�gk�X�7�i]��HSMJM��]Vh�dc�di]�g�dXXVh�dch�Y��b�Y�i]�� Oi�a�i��hs�g�hedch��id�V�bV�dg�hidgb��k�ci�id�W���cVY�fjVi�7�VcY�i]��HSM>JM��ci�cYh�id�he�X�[�XVaan�Y�i�gb�c��Vh�eVgi�d[��ih� dc�d�c���ck�hi��Vi�dch�l]�i]�g�i]��Oi�a�i��hs�Vaa���Y�k�daVi�dch�lVggVci�g�kdXVi�dc�d[�i]��g�X�gi�[�XVi�h�id�de�gVi�*�N]�� �dbeVc��h�Vg��jcVWa��id��hi�bVi��i]��Vbdjci�dg�gVc���d[�i]��g�edhh�Wa��VYY�i�dcVa�adhh��c�Xdcc�Xi�dc�l�i]�i]��hidgb*�$eV��h� .3).4% � V* JV���g�[�g�cX�h�id�/K�.,.,�@dgb�-,)K* ./


 
-E�,�,��8RcRY��ZR�a����6�8����N$ 797CBL�"�C�F v Cc�IXidW�g�.,.,(�i]��HSMJM���hhj�Y�Vc�dgY�g��chi�iji�c��V�egdX��Y�c��id�Xdch�Y�g�g�fj�g�c��H�l�Sdg�sh�aVg��(��ck�hidg)dlc�Y� ji�a�i��h(��cXajY�c�����IHS�VcY�I"L(�id�VccjVaan�Y�hXadh��l]Vi�g�h�h�Xa�bVi��X]Vc���edh�h�id�i]��g�XdbeVc��h(��ck�hidgh�VcY� Xjhidb�gh��d�c��[dglVgY*�N]��dgY�g�cdi�h�i]Vi�hdb��]daY�c��XdbeVc��h(��cXajY�c���dc��Y�hdc(�Vag�VYn�Y�hXadh��Xa�bVi�� X]Vc���g�h�h�Vi�i]��]daY�c��XdbeVcn�a�k�a(�Wji�hiVi�h�i]Vi�i]��HSMJM��W�a��k�h�i]Vi�Xa�bVi�)g�aVi�Y�g�h��Y�hXadhjg�h�h]djaY�W�� �hhj�Y�he�X�[�X�id�i]��de�gVi�c��XdbeVc��h��c�H�l�Sdg�(�hjX]�Vh����IHS�VcY�I"L(�VcY�i]Vi�hjX]�Xa�bVi�)g�aVi�Y�g�h�� Y�hXadhjg�h�h]djaY�W���cXajY�Y�VccjVaan�l�i]�i]��ji�a�i��hs�[�cVcX�Va�g�edgih*�N]��HSMJM��hda�X�i�Y�Xdbb�cih�Wn�Hdk�bW�g�-2(� .,.,�dc(�Vbdc��di]�g�i]�c�h6�i]��Xdhih�VcY�W�c�[�ih�d[�egdk�Y�c��Xa�bVi�)g�aVi�Y�g�h��Y�hXadhjg�7�l]�i]�g�ji�a�in�de�gVi�c�� XdbeVc��h��c�H�l�Sdg��h]djaY�W��g�fj�g�Y�id�bV���Xa�bVi��g�h��Y�hXadhjg���c�VccjVa�[�cVcX�Va�hiVi�b�cih(�hjhiV�cVW�a�in�g�edgih(� dg�di]�g�ejWa�X�[�a�c�h7�l]�X]�[gVb�ldg��[dg�hjX]�Xa�bVi��g�h��Y�hXadhjg��ji�a�in�de�gVi�c��XdbeVc��h��c�H�l�Sdg��h]djaY�W�� g�fj�g�Y�id�VYdei7�VcY�l]n�VcY�]dl�ji�a�in�de�gVi�c��XdbeVc��h�h]djaY��bea�b�ci�i]dh��g�Xdbb�cY�Y�Y�hXadhjg�h*�$eV���.4%� v >jg�c��i]��hjbb�g�d[�.,.,(��a�Xig�X�e�V��Y�bVcY��c����IHS�h�h�gk�X��Vg�V�lVh�--(4-0�GQ�$l]�X]�dXXjgg�Y�dc�Djan�.4(� .,.,%*�;i�Y�h��c�XdcY�i�dch(��a�Xig�X�e�V��Y�bVcY��c�i]��XdbeVcn�h�h�gk�X��Vg�V�ldjaY�]Vk��W��c�Veegdm�bVi�an�-.(.32�GQ��c� .,.,�XdbeVg�Y�id�i]��XdbeVcn�h�[dg�XVhi�d[�-/(..,�GQ*�N]��adl�g�VXijVa�e�V��Y�bVcY�Vh�XdbeVg�Y�id�i]��[dg�XVhi�lVh� eg�bVg�an�Yj��id�i]���beVXi�d[�i]���IPC>)-5�eVcY�b�X*�N]��XdbeVcn��cXg�Vh�Y��ih�[�k�)n�Vg�[dg�XVhi�d[�Vk�gV���VccjVa�X]Vc��� �c��a�Xig�X�e�V��Y�bVcY��c��ih�h�gk�X��Vg�V�Vi�Y�h��c�XdcY�i�dch�[gdb�Veegdm�bVi�an�$,*-%�e�gX�ci�$[dg�.,.,�id�.,.0%�id� Veegdm�bVi�an�,*4�e�gX�ci�$[dg�.,.-�id�.,.1%(�W�XVjh��d[�i]��adl�g�.,.,�l�Vi]�g)VY�jhi�Y�e�V��Y�bVcY*�$eV���1-% v >jg�c��i]��hjbb�g�d[�.,.,(��a�Xig�X�e�V��Y�bVcY��c�I"L�h�h�gk�X��Vg�V�lVh�-(0.4�GQ�$l]�X]�dXXjgg�Y�dc�Djan�.3(�.,.,%*�;i� Y�h��c�XdcY�i�dch(��a�Xig�X�e�V��Y�bVcY��c�i]��XdbeVcn�h�h�gk�X��Vg�V�ldjaY�]Vk��W��c�Veegdm�bVi�an�-(1-3�GQ��c�.,.,� XdbeVg�Y�id�i]��XdbeVcn�h�[dg�XVhi�d[�-(111�GQ*�N]��XdbeVcn�Y�Xg�Vh�Y��ih�[�k�)n�Vg�[dg�XVhi�d[�Vk�gV���VccjVa�X]Vc����c� �a�Xig�X�e�V��Y�bVcY��c��ih�h�gk�X��Vg�V�Vi�Y�h��c�XdcY�i�dch�[gdb�Veegdm�bVi�an�$,*.%�e�gX�ci�$[dg�.,.,�id�.,.0%�id� Veegdm�bVi�an�$,*1%�e�gX�ci�$[dg�.,.-�id�.,.1%*�$eV���1.% v N]���beVXih�d[�i]���dgdcVk�gjh�;�Y(�L�a��[(�VcY��Xdcdb�X�M�Xjg�in�$�;L�M%�;Xi�i]Vi�W�XVb��aVl�dc�GVgX]�.3(�.,.,�Vee�Vg� dc�eV��h�/3)/4(�11�d[�i]��-,)K�VcY�dc�eV���/.�d[�i]�h�eg�h�ciVi�dc* 7YRN��9�R�Tf�6b�V�R��R� v N]���a�Vc��c�g�n�<jh�c�hh�h�]Vk��/(.0-�GQ�$;�%�d[�ji�a�in)hXVa��g�c�lVWa���c�g�n�egdYjXi�dc�egd��Xih��c�h�gk�X��$.(4,1�GQ%� dg��c�XdchigjXi�dc�$0/2�GQ%�VcY�25�GQ�$;�%�d[�W�]�cY)i]�)b�i�g�g�c�lVWa���c�g�n�egdYjXi�dc�egd��Xih��c�h�gk�X��$14�GQ%�dg� �c�XdchigjXi�dc�$--�GQ%*�$eV���41% v 0(2,2�d[��Q]�d[��a�Xig�X�in�lVh���c�gVi�Y�[gdb�hdaVg�egd��Xih�VcY�-(,0.�d[��Q]���c�gVi�Y�[gdb�l�cY�egd��Xih�[dg�i]��c�c�� bdci]h��cY�c��M�ei�bW�g�/,(�.,.,*�$eV���42% V* JV���g�[�g�cX�h�id�/K�.,.,�@dgb�-,)K* .0


 
LH8�,�,��9N��V�T�� BRa���P�ZR�S��� 9N��V�T���R��GUN�R 7�ZZ���Ga�P� ���V��AVYYV���$ ,�,� ,�+3 ,�,� ,�+3 FR���aRQ�BRa���P�ZR�S���7�ZZ���Ga�P��N�Q�9DG�h��55D�ON�V� �-(+1 �-(,� �+&�/2 �+&�.2 BF<P��[[�Xih�d[�i]���a�Vc��c�g�n�<jh�c�hh�h�$eg�)iVm% ,*-- ,*.1 /4 35 CcXdb��iVm�h�$V% $,*,/% $,*,3% $5% $-5% ��6J�RSSRPa���S�aUR�7YRN��9�R�Tf�6b�V�R��R����Ra��S�aNe$ �(�2 �(+2 ,3 0� H�i�bVg�)id)bVg��i��[[�Xih�d[�i]���a�Vc��c�g�n�<jh�c�hh�h�$eg�)iVm% ,*.1 ,*-4 4, 10 CcXdb��iVm�h�$W% $,*,3% $,*,1% $.,% $-/% BRa�ZN��'a�'ZN��Ra�RSSRPa���S�aUR�7YRN��9�R�Tf�6b�V�R��R����Ra��S�aNe$ �(+2 �(+- 0� .+ 5QWb�aRQ�9N��V�T��N�Q�5QWb�aRQ�9DG�h����'�55D�ON�V� �-(.- �-(/+ �+&+.1 �+&+.3 V* N]��Vbdjci�d[��cXdb��iVm�h�lVh�XVaXjaVi�Y�jh�c��V�XdbW�c�Y�[�Y�gVa�VcY�hiVi���cXdb��iVm�gVi��d[�.0��[dg�i]��c�c��bdci]h��cY�Y� M�ei�bW�g�/,(�.,.,�VcY�.,-5* W* N]��Vbdjci�d[��cXdb��iVm�h�lVh�XVaXjaVi�Y�jh�c��V�XdbW�c�Y�[�Y�gVa�VcY�hiVi���cXdb��iVm�gVi��d[�.1��VcY�.0��[dg�i]��c�c��bdci]h� �cY�Y�M�ei�bW�g�/,(�.,.,�VcY�.,-5(�g�he�Xi�k�an*� .1


 
KNY��S��Z�LH8�,�+3�9DG�a��LH8�,�,��9DG JN�VN�PR�V��FR���aRQ�9DG���55D$ JN�VN�PR�V��5QWb�aRQ�9DG��B��'�55D$ �-(/+� ��(�.� ��(�,� �-(.-� ���(�,$� �-(,�� ��(�3� ��(�,� �-(+1� ���(++$� ���(�+$� ���(�,$� ���(++$� ���(�+$� LH8�,�+3 797CBL C�F 796� 79H CaUR� $V% LH8�,�,� LH8�,�+3 797CBL C�F 796� 79H CaUR�$V% LH8�,�,� FR���aRQ FR���aRQ 5QWb�aRQ 5QWb�aRQ 9DG 9DG 9DG 9DG V* CcXajY�h�eVg�ci�XdbeVcn�VcY�Xdchda�YVi�dc�VY�jhib�cih* .2


 
LH8�,�,��c�(�LH8�,�+3�9DG�JN�VN�PR��h�BV�R�A��aU��9�QRQ�JN�VNaV�� 797CBL�N$ �]Vc��h��c�gVi��eaVch � ,*,3� Jg�bVg�an�g�[a�Xih�]��]�g��Vh�c�i�WVh��g�k�cj�h�Yj��id��Vh�WVh��gVi�h��cXg�Vh���c�DVcjVgn�.,.,�jcY�g�i]��XdbeVcn�h��Vh�gVi��eaVc* Q�Vi]�g��beVXi�dc�hi�Vb�g�k�cj�h � $,*,2%� L�[a�Xih�i]���beVXi�d[�lVgb�g�l�ci�g�l�Vi]�g��c�i]��.,.,�e�g�dY* Ie�gVi�dch�VcY�bV�ci�cVcX���me�ch�h � ,*25� L�[a�Xih�adl�g�Xdhih�[dg�e�ch�dc�VcY�di]�g�edhig�i�g�b�ci�W�c�[�ih�d[� ,*0-�V�h]Vg�(�l]�X]�Vg��g�XdcX�a�Y�jcY�g�i]��gVi��eaVch(�adl�g� g��jaVidgn�Vhh�hhb�cih�VcY�[��h�i]Vi�Vg��Xdaa�Xi�Y��c�g�k�cj�h�[gdb�Xjhidb�gh�d[� ,*./�V�h]Vg�(�adl�g�hidX�)WVh�Y�Xdbe�chVi�dc� d[� ,*,0�V�h]Vg��VcY�adl�g�]�Vai]XVg��Xdhih�d[� ,*,.�V�h]Vg�(�d[[h�i��c�eVgi�Wn��hi�bVi�Y�[ddY�VcY�b�Y�X�c��hed�aV���XaV�bh�g�aVi�Y� id�djiV��h�XVjh�Y�Wn�Ngde�XVa�Midgb�ChV�Vh�d[� $,*,-%�V�h]Vg�* >�eg�X�Vi�dc(�egde�gin�iVm�h�VcY�di]�g�iVm� � $,*21%� L�[a�Xih�]��]�g�Y�eg�X�Vi�dc�VcY�Vbdgi�oVi�dc��me�ch��d[� $,*/4%�V�h]Vg��VcY�]��]�g�egde�gin�iVm�h�d[� $,*.2%�V�h]Vg�(�Wdi]�d[�l]�X]� bVii�gh Vg��g�Xdk�gVWa��jcY�g�i]��gVi��eaVch(�i]��VWh�cX���c�.,.,�d[�V�g�YjXi�dc��c�i]��hVa�h�VcY�jh��iVm�g�h�gk��jedc�XdcXajh�dc�d[�i]�� VjY�i�Vhh�hhb�ci�d[� $,*,.%�V�h]Vg�(�d[[h�i��c�eVgi�Wn�i]���beadn���L�i�ci�dc�NVm��g�Y�i�jcY�g�i]���;L�M�;Xi�d[� ,*,-�V�h]Vg�* Ii]�g� � $,*-2%� Jg�bVg�an�g�[a�Xih�[dg��dc��g�k�cj�h�[gdb�i]��hjhe�ch�dc�d[�Xjhidb�gh��aVi��eVnb�ci�X]Vg��h�VcY�X�giV�c�di]�g�[��h�VhhdX�Vi�Y�l�i]� i]���IPC>)-5�eVcY�b�X�d[� $,*-,%�V�h]Vg��VcY�i]��Y�aji�k���[[�Xi�d[��dc��Y�hdc�h�hidX���hhjVcX�h�d[� $,*,2%�V�h]Vg�* H�aNY�797CBL �� ��(++$� C�F�N$ �]Vc��h��c�gVi��eaVch � ,*,0� L�[a�Xih��a�Xig�X�VcY��Vh�WVh��gVi���cXg�Vh�h�d[� ,*,/�V�h]Vg��VcY� ,*,-�V�h]Vg�(�g�he�Xi�k�an(�jcY�g�i]��XdbeVcn�h�gVi��eaVch* Ie�gVi�dch�VcY�bV�ci�cVcX���me�ch�h� � $,*,.%� Jg�bVg�an�g�[a�Xih��cXg�b�ciVa�Xdhih�VhhdX�Vi�Y�l�i]�i]���IPC>)-5�eVcY�b�X�VcY��hi�bVi�Y�[ddY�VcY�b�Y�X�c��hed�aV���XaV�bh� g�aVi�Y�id�djiV��h�XVjh�Y�Wn�Ngde�XVa�Midgb�ChV�Vh* >�eg�X�Vi�dc(�egde�gin�iVm�h�VcY�di]�g�iVm� � $,*,-%� L�[a�Xih�]��]�g�Y�eg�X�Vi�dc�VcY�Vbdgi�oVi�dc��me�ch�(�d[[h�i��c�eVgi�Wn�i]���beadn���L�i�ci�dc�NVm��g�Y�i�jcY�g�i]���;L�M�;Xi* Ii]�g�bVii�gh � $,*,.%� Jg�bVg�an�g�[a�Xih�]��]�g�Xdhih�VhhdX�Vi�Y�l�i]�Xdbedc�cih�d[�e�ch�dc�VcY�di]�g�edhig�i�g�b�ci�W�c�[�ih�di]�g�i]Vc�h�gk�X��Xdhi�d[� $,*,-%�V�h]Vg�* H�aNY�C�F �� ��(�+$� 7YRN��9�R�Tf�6b�V�R��R� Ie�gVi�c��g�k�cj�h�a�hh��c�g�n�Xdhih� � ,*,-� L�[a�Xih�]��]�g�g�k�cj�h�[gdb�g�c�lVWa���a�Xig�X�egdYjXi�dc�egd��Xih�d[� ,*,1�V�h]Vg�(�d[[h�i��c�eVgi�Wn�adl�g��c�g�n�h�gk�X�h� g�k�cj�h�d[� $,*,0%�V�h]Vg�* Ie�gVi�dch�VcY�bV�ci�cVcX���me�ch�h � ,*,-� Jg�bVg�an�g�[a�Xih�adl�g��c�g�n�h�gk�X�h�Xdhih* >�eg�X�Vi�dc�VcY�Vbdgi�oVi�dc � $,*,-%� L�[a�Xih�Vc��cXg�Vh���c�g�c�lVWa���a�Xig�X�egdYjXi�dc�egd��Xih��c�de�gVi�dc�Yjg�c��.,.,* H�i��ci�g�hi��me�ch� � $,*,/%� Jg�bVg�an�g�[a�Xih�]��]�g�jcg�Va�o�Y�adhh�h�dc��ci�g�hi�gVi��hlVeh��c�i]��.,.,�e�g�dY* BF<P��[[�Xih � ,*-,� Jg�bVg�an�g�[a�Xih�adl�g�adhh�h�[gdb�iVm��fj�in�egd��Xih��c�i]��.,.,�e�g�dY* Ii]�g � ,*,-� Jg�bVg�an�g�[a�Xih�g�)b�Vhjg�b�ci�d[�Y�[�gg�Y�iVm�Vhh�ih�VcY�i]���beadn���L�i�ci�dc�NVm��g�Y�i�jcY�g�i]���;L�M�;Xi* H�aNY�7YRN��9�R�Tf�6b�V�R��R� �� �(�3� 7���9QV����H�N��ZV��V�� H�aNY�79H �� �(�,� Jg�bVg�an�g�[a�Xih�adl�g�de�gVi�dch�VcY�bV�ci�cVcX���me�ch�h�VcY�]��]�g�VaadlVcX��[dg�[jcYh�jh�Y�Yjg�c��XdchigjXi�dc�$;@O>�%� �cXdb��[gdb�GdjciV�c�PVaa�n�J�e�a�c�(�FF�* CaUR� JVg�ci�XdbeVcn�VcY�Xdchda�YVi�dc�VY�jhib�cih �� ��(�,$� Jg�bVg�an�g�[a�Xih�]��]�g�H�l�Sdg��MiVi���cXdb��iVm* FR���aRQ�9DG���55D$ �� ��(�-$� BF<P��[[�Xih�d[�i]���a�Vc��c�g�n�<jh�c�hh�h � $,*-,%� H�i�bVg�)id)bVg��i��[[�Xih�d[�i]���a�Vc��c�g�n� � ,*,1� Jg�bVg�an�g�[a�Xih�jcg�Va�o�Y�adhh�h�dc��ci�g�hi�gVi��hlVeh* <jh�c�hh�h 5QWb�aRQ�9DG�����'�55D$ �� ��(�2$� V* OcY�g�i]��g�k�cj��Y�Xdjea�c��b�X]Vc�hbh��c�i]��Oi�a�i��hs�H�l�Sdg���a�Xig�X�VcY��Vh�gVi��eaVch�VcY�i]��l�Vi]�g)cdgbVa�oVi�dc�XaVjh��Veea�XVWa��id�i]��g��Vh�Wjh�c�hh�h(�g�k�cj�h�Vg����c�gVaan�cdi�V[[�Xi�Y�Wn� X]Vc��h��c�Y�a�k�gn�kdajb�h�[gdb�a�k�ah�Vhhjb�Y�l]�c�gVi�h�l�g��Veegdk�Y*�Cc���c�gVa(�i]��Oi�a�i��h�g�Xdk�g�dc�V�Xjgg�ci�WVh�h�i]��[j�a(��Vh�ejgX]Vh�Y�[dg�g�hVa��VcY�ejgX]Vh�Y�edl�g�Xdhih�i]�n��cXjg��c� hjeean�c���c�g�n�id�i]��g�[jaa)h�gk�X��Xjhidb�gh*�;XXdgY�c�an(�hjX]�Xdhih�Yd�cdi���c�gVaan�V[[�Xi��dc��Y�hdcsh�g�hjaih�d[�de�gVi�dch* .3


 
LH8�,�,��c�(�LH8�,�+3�9DG�FRP��PVYVNaV���Of�7�Z�N�f BV�R�Z��aU��R�QRQ�GR�aRZOR��-�&�,�,�� 797CBL C�F 796� 79H CaUR��P$ H�aNY FR���aRQ�9DG�h��55D�ON�V� �,(22 ��(+1 ��(�- ��(+- ���(�.$ �-(+1 BF<P��[[�Xih�d[�i]���a�Vc��c�g�n�<jh�c�hh�h�$eg�)iVm% q q ,*-- q q ,*-- CcXdb��iVm�h�$V% q q $,*,/% q q $,*,/% ��6J�RSSRPa���S�aUR�7YRN��9�R�Tf�6b�V�R��R����Ra��S�aNe$ i i �(�2 i i �(�2 H�i�bVg�)id)bVg��i�adhh�h�$eg�)iVm% q q ,*.1 q q ,*.1 CcXdb��iVm�h�$W% q q $,*,3% q q $,*,3% BRa�ZN��'a�'ZN��Ra�Y���R����Ra��S�aNe$ i i �(+2 i i �(+2 5QWb�aRQ�9DG�h�B��'�55D�ON�V� �,(22 ��(+1 ��(,3 ��(+- ���(�.$ �-(.- BV�R�Z��aU��R�QRQ�GR�aRZOR��-�&�,�+3� 797CBL C�F 796� 79H CaUR��P$ H�aNY FR���aRQ�9DG�h��55D�ON�V� �,(33 ��(+2 ���(�0$ ��(++ ���(�,$ �-(,� BF<P��[[�Xih�d[�i]���a�Vc��c�g�n�<jh�c�hh�h�$eg�)iVm% q q ,*.1 q q ,*.1 CcXdb��iVm�h�$V% q q $,*,3% q q $,*,3% ��6J�RSSRPa���S�aUR�7YRN��9�R�Tf�6b�V�R��R����Ra��S�aNe$ i i �(+2 i i �(+2 H�i�bVg�)id)bVg��i�adhh�h�$eg�)iVm% q q ,*-4 q q ,*-4 CcXdb��iVm�h�$W% q q $,*,1% q q $,*,1% BRa�ZN��'a�'ZN��Ra�Y���R����Ra��S�aNe$ i i �(+- i i �(+- 5QWb�aRQ�9DG�h�B��'�55D�ON�V� �,(33 ��(+2 ��(,/ ��(++ ���(�,$ �-(/+ V* N]��Vbdjci�d[��cXdb��iVm�h�lVh�XVaXjaVi�Y�jh�c��V�XdbW�c�Y�[�Y�gVa�VcY�hiVi���cXdb��iVm�gVi��d[�.0��[dg�i]��c�c��bdci]h��cY�Y�M�ei�bW�g�/,(� .,.,�VcY�.,-5* W* N]��Vbdjci�d[��cXdb��iVm�h�lVh�XVaXjaVi�Y�jh�c��V�XdbW�c�Y�[�Y�gVa�VcY�hiVi���cXdb��iVm�gVi��d[�.1��VcY�.0��[dg�i]��c�c��bdci]h��cY�Y� M�ei�bW�g�/,(�.,.,�VcY�.,-5(�g�he�Xi�k�an*� X* CcXajY�h�eVg�ci�XdbeVcn�VcY�Xdchda�YVi�dc�VY�jhib�cih* .4


 
:VcR'LRN��FRP��PVYVNaV����S�FR���aRQ�9DG���55D$�a��5QWb�aRQ� 9DG��B��'�55D$ +,�A��aU��9�QV�T�8RPRZOR��-+& ,�+0 ,�+1 ,�+2�N$ ,�+3�N$ ,�,��N$�O$ FR���aRQ�9DG�h��55D�ON�V� �.(+/ �.(31 �.(.- �.(�3 �.(�/ ��P�ZR�aNe�RSSRPa��S�aUR�H7�5 i ��(2/$ �(+. i i BF<P��[[�Xih�d[�i]���a�Vc��c�g�n�<jh�c�hh�h�$eg�)iVm% � � � ,*/- ,*-5 CcXdb��iVm�h�$Y% q q q $,*,5% $,*,2% ��6J�RSSRPa���S�aUR�7YRN��9�R�Tf�6b�V�R��R����Ra��S�aNe$ i i i �(,, �(+- AV�c�dc�VXfj�h�i�dc�d[�M�begV�MdaVg�BdaY�c�h(�FF�(�c�i�d[�igVchVXi�dc�Xdhih�$eg�)iVm%�$X% q q $,*/2% q q CcXdb��iVm�h�$Y% q q ,*-, q q �NV�����NP�bV�VaV����S�GRZ��N�G�YN����YQV�T�&���7&��Ra��S�a�N��NPaV���P��a����Ra��S�aNe$ i i ��(,0$ i i AV�c�dc�hVa��d[�i]����<hs�g�iV�a��a�Xig�X�hjeean�Wjh�c�hh�$eg�)iVm% $,*/1% q q q q CcXdb��iVm�h�$Y% ,*-2 q q q q �NV������NYR��S�aUR�796�j��RaNVY�RYRPa�VP��b��Yf�Ob�V�R�����Ra��S�aNe$ ��(+3$ i i i i AddYl�aa��beV�gb�ci�g�aVi�Y�id�i]����<h���c�g�n�h�gk�X�h�Wjh�c�hh�$eg�)iVm% ,*,3 q q q q CcXdb��iVm�h�$Y% $,*,/% q q q q ���QdVYY�VZ�NV�ZR�a��RYNaRQ�a��aUR�796���R�R�Tf��R�cVPR��Ob�V�R�����Ra��S�aNe$ �(�. i i i i H�i�bVg�)id)bVg��i��[[�Xih�d[�i]����<h�$eg�)iVm% $,*,.% q ,*,/ ,*-, ,*-3 CcXdb��iVm�h�$Y% ,*,- q $,*,-% $,*,/% $,*,1% BRa�ZN��'a�'ZN��Ra�RSSRPa���S�aUR�796����Ra��S�aNe$ ��(�+$ i �(�, �(�1 �(+, 5QWb�aRQ�9DG�h�B��'�55D�ON�V� �-(33 �.(+, �.(-- �.(-2 �.(-� V* @�Y�gVa��cXdb��iVm�gVi��adl�g�Y�id�.-��[gdb�/1��jedc��cVXib�ci�d[�i]��N�D;�dc�>�X�bW�g�..(�.,-3* W* L�eg�h�cih�-.)bdci]�igV�a�c���JM��cY�c��M�ei�bW�g�/,(�.,.,* X* AV�c�g�Xd�c�o�Y�l�i]�g�he�Xi�id��d�cian�dlc�Y�g�c�lVWa���a�Xig�X�egdYjXi�dc�egd��Xih�dc�Xdbea�i�dc�d[�i]��VXfj�h�i�dc*� Y* N]��Vbdjci�d[��cXdb��iVm�h�lVh�XVaXjaVi�Y�jh�c��Veea�XVWa��XdbW�c�Y�[�Y�gVa�VcY�hiVi���cXdb��iVm�gVi�h�[dg�i]��c�c��bdci]h��cY�Y� M�ei�bW�g�/,(�.,.,�VcY�i]��n�Vgh�.,-2�p�.,-5* .5


 
IaVYVaVR���FNaR�5QWb�aZR�a��S���HNe�7ba��N�Q���O��5Pa��S�,�+1��H7�5$�N$� H�l�Sdg��MiVi��JjWa�X�M�gk�X���dbb�hh�dc�IgY�g��c��Vh��-3)G),4-1�p�JgdX��Y�c��dc�Gdi�dc�d[�i]���dbb�hh�dc�dc� �]Vc��h��c�FVl�i]Vi�GVn�;[[�Xi�LVi�h�$;j�jhi�5(�.,-4% 797CBL�9YRPa�VP v JjghjVci�id�i]��gVi��eaVc�Veegdk�Y�dc�DVcjVgn�-2(�.,.,�$�Vh��-5)�),,21%(�N�D;�c�i�W�c�[�ih�Vg��g�[a�Xi�Y�Vh�[daadlh6 p i]��.,-5�hVk�c�h�[gdb�i]��N�D;�l�g��eVhh�Y�WVX��id�Xjhidb�gh��c�.,-5 p eVhh�WVX��d[�i]��.,-4�hVk�c�h�$ /33�b�aa�dc%�dk�g�V�i]g��)n�Vg�e�g�dY�p� -.2�b�aa�dc�VccjVaan p eVhh�WVX��d[�egdi�Xi�Y�edgi�dc�d[�c�i�g��jaVidgn�a�VW�a�in�[dg��mX�hh�Y�[�gg�Y��cXdb��iVm�h�$ -(22/�b�aa�dc%�dk�g�g�bV�c�c��a�k�h�d[�i]�� g�aVi�Y�Vhh�ih�)�Veegdm�bVi�an� 1,�b�aa�dc�VccjVaan�)�VcY�i]��jcegdi�Xi�Y�edgi�dc�$ 340�b�aa�dc%�dk�g�V�[�k�)n�Vg�e�g�dY�)� -13�b�aa�dc� VccjVaan(�Vh�egdedh�Y��c�i]���c�i�Va�[�a�c� 797CBL��N� v JjghjVci�id�i]��gVi��eaVc�Veegdk�Y�dc�DVcjVgn�-2(�.,.,�$�Vh��-5)A),,22%(�N�D;�c�i�W�c�[�ih�Vg��g�[a�Xi�Y�Vh�[daadlh6 p i]��.,-5�hVk�c�h�[gdb�i]��N�D;�l�g��eVhh�Y�WVX��id�Xjhidb�gh��c�.,-5 p eVhh�WVX��d[�i]��g�bV�c�c��edgi�dc�d[�i]��.,-4�hVk�c�h�$ 2/�b�aa�dc%�dk�g�V�ild)n�Vg�e�g�dY�p� /.�b�aa�dc�VccjVaan p eVhh�WVX��d[�egdi�Xi�Y�edgi�dc�d[�c�i�g��jaVidgn�a�VW�a�in�[dg��mX�hh�Y�[�gg�Y��cXdb��iVm�h�$ 3.1�b�aa�dc%�dk�g�g�bV�c�c��a�k�h�d[�i]�� g�aVi�Y�Vhh�ih�)�Veegdm�bVi�an� -0�b�aa�dc�VccjVaan�)�VcY�i]��jcegdi�Xi�Y�edgi�dc�$ -,3�b�aa�dc%�dk�g�V�[�k�)n�Vg�e�g�dY�)� .-�b�aa�dc� VccjVaan(�Vh�egdedh�Y��c�i]���c�i�Va�[�a�c� 797CBL�GaRNZ v �jhidb�g�Xg�Y�i�d[� .1�b�aa�dc�hiVgi�Y�dc�IXidW�g�-(�.,-4�VcY��cXajY�h6 p VccjVa�dc�d�c��iVm�hVk�c�h�d[� -0�b�aa�dc� p eVhh�WVX��d[�DVcjVgn�p�M�ei�bW�g�.,-4�iVm�hVk�c�h�$ -1�b�aa�dc%�dk�g�V�i]g��)n�Vg�e�g�dY�p� 1�b�aa�dc�VccjVaan p eVhh�WVX��d[�egdi�Xi�Y�VcY�jcegdi�Xi�Y�edgi�dch�d[�c�i�g��jaVidgn�a�VW�a�in�[dg��mX�hh�Y�[�gg�Y��cXdb��iVm�h�$ -25�b�aa�dc�VcY� -2� b�aa�dc(�g�he�Xi�k�an%�dk�g�i]��a�[��d[�i]��Vhh�ih�p� 2�b�aa�dc�VccjVaan�$Vbdgi�oVi�dc�e�g�dY�[dg�jcegdi�Xi�Y�WVaVcX��l�aa�W��g�k��l�Y��c� i]��c�mi�gVi��XVh��[�a�c�% V* M���Hdi��<�p�L��jaVidgn�GVii�gh+Ii]�g�L��jaVidgn�GVii�gh�dc�eV��h�.0�p�.5�VcY�Hdi��D�p�CcXdb��NVm�h�dc�eV��h�/3�p�/4��c�i]��/K�.,.,�@dgb�-,)K* /,


 
IaVYVaVR���FNaR�5QWb�aZR�a��S���HNe�7ba��N�Q���O��5Pa��S�,�+1� �H7�5$��P��a�Q$�N$ C�F�9YRPa�VP�N�Q��N�� v I"L(�ejghjVci�id�i]��Hdk�bW�g�.,-4��d�ci�egdedhVa�$�Vh��-4)�),,237�-4)A),,24%(��h�g�[a�Xi�c���ih�N�D;�c�i�W�c�[�ih�Vh�[daadlh6 p VccjVa�dc�d�c��hVk�c�h�d[� -4�b�aa�dc������ p eVhh�WVX��d[�.,-4�hVk�c�h�$ ..�b�aa�dc%�dk�g�V�i]g��)n�Vg�e�g�dY�p� 3�b�aa�dc�VccjVaan p eVhh�WVX��d[�egdi�Xi�Y�edgi�dc�d[�c�i�g��jaVidgn�a�VW�a�in�[dg��mX�hh�Y�[�gg�Y��cXdb��iVm�h�$ -./�b�aa�dc%�dk�g�g�bV�c�c��a�k�h�d[� i]��g�aVi�Y�Vhh�ih�VcY�i]��jcegdi�Xi�Y�edgi�dc�$ /,�b�aa�dc%�dk�g�V�[�[i��c)n�Vg�e�g�dY�)� 0�b�aa�dc�VccjVaan F�P�YN�Q�9YRPa�VP�7�Z�N�f��F97C$ v HD<JO�>dX��i�Hd*�;R-4,-,,-�p�Cc�i]��GVii�g�d[�i]��<dVgYsh��dch�Y�gVi�dc�d[�i]��.,-3�NVm��jih�VcY�DdWh�;Xi p .*5�b�aa�dc�gVi��Y�Xg�Vh��hiVgi�Y�dc�;eg�a�-(�.,-4 p Xjhidb�gh�l�g��eV�Y� -�b�aa�dc��c�Djan�.,-4�[dg�DVcjVgn�id�GVgX]�.,-4�iVm�hVk�c�h p eVhh�WVX��d[�egdi�Xi�Y�edgi�dc�d[�c�i�g��jaVidgn�a�VW�a�in�[dg��mX�hh�Y�[�gg�Y��cXdb��iVm�h�$ -0�b�aa�dc%�dk�g�g�bV�c�c��a�k�h�d[�i]�� g�aVi�Y�Vhh�ih�VcY�i]��jcegdi�Xi�Y�edgi�dc�$ -,�b�aa�dc%�dk�g�V�i]g��)n�Vg�e�g�dY�p� /�b�aa�dc�VccjVaan v @�L��>dX��i�Hd*��F-4)---),,, p Cc�Hdk�bW�g�.,-4(�i]��@�Y�gVa��c�g�n�L��jaVidgn��dbb�hh�dc�$@�L�%��hhj�Y�Vc�dgY�g�Y�g�Xi�c��L��I�id�g�[jcY� ,*2�b�aa�dc�id� �ih�igVchb�hh�dc�Xjhidb�gh�VcY�g�YjX�c���ih�VccjVa�igVchb�hh�dc�g�k�cj��g�fj�g�b�ci�Wn�Vc��bbVi�g�Va�Vbdjci�id�g�[a�Xi�i]�� N�D;* V* M���Hdi��<�p�L��jaVidgn�GVii�gh+Ii]�g�L��jaVidgn�GVii�gh�dc�eV��h�.0�p�.5�VcY�Hdi��D�p�CcXdb��NVm�h�dc�eV��h�/3�p�/4��c�i]��/K�.,.,�@dgb�-,)K* /-


 
HNe�I�QNaR����aUR�75F9G�5Pa 7����NcV�b��5VQ&�FRYVRS&�N�Q�9P���ZVP�GRPb�Vaf��75F9G$�5Pa4 v �cVXi�Y�dc�GVgX]�.3(�.,.,��c�g�hedch��id�i]���IPC>)-5�eVcY�b�X v �dciV�ch� .*/�ig�aa�dc��c��Xdcdb�X�g�a��[�id��a���Wa��Wjh�c�hh�h�VcY��cY�k�YjVah��beVXi�Y�Wn�i]���IPC>)-5�djiWg�V� C����ab�VaVR��5��YVPNOYR�a��7���9QV��c6 v @�k�)n�Vg�XVggnWVX��d[�V�c�i�de�gVi�c��adhh�$HIF%�[dg�iVm�n�Vgh�.,-4).,., p �dc��Y�hdc�l�aa�XVggnWVX���ih�HIF�d[� .5�b�aa�dc�[gdb�iVm�n�Vg�.,-4�id�iVm�n�Vg�.,-/*�N]�h�l�aa�Vaadl��dc��Y�hdc(� bdhian�Vi�i]���a�Vc��c�g�n�<jh�c�hh�h(�id�g�X��k��V� .*1�b�aa�dc�c�i�iVm�g�[jcY�VcY�id�g�Xd�c�o��V�Y�hXg�i���cXdb�� iVm�W�c�[�i�d[� 0�b�aa�dc��c�i]��[�ghi�fjVgi�g�d[�.,.,(�Yj��id�i]��]��]�g�[�Y�gVa�hiVijidgn�iVm�gVi���c�.,-/ p �dc��Y�hdc�VcY��ih�hjWh�Y�Vg��h�Vg��cdi��me�Xi�c��id�]Vk��V�[�Y�gVa�HIF��c�iVm�n�Vgh�.,-5�dg�.,., v >j��id�i�bedgVgn�g�aVmVi�dc�d[�a�b�iVi�dch�dc��ci�g�hi�Y�YjXi�dch�jcY�g�CLM��dY��-2/$�%(��dc��Y�hdc�VcY��ih� hjWh�Y�Vg��h��me�Xi�id�W�c�[�i6 p <n�i]���cXg�Vh���c�i]��e�gX�ciV���[dg�XVaXjaVi�c��i]��a�b�iVi�dc�dc�i]���ci�g�hi��me�ch��Y�YjXi�dc�[gdb�/,�e�gX�ci�d[� ;Y�jhi�Y�NVmVWa��CcXdb��$;NC%�id�1,�e�gX�ci�d[�;NC��c�.,-5�VcY�.,., p N]�h�bVn�Vaadl�i]���dbeVc��h�id�Y�YjXi�-,,�e�gX�ci�d[��ci�g�hi��me�ch��p�dk�g� 5,,�b�aa�dc�VccjVaan v N]��XdbeVc��h�fjVa�[n�[dg�Vc��beadn���L�i�ci�dc�NVm��g�Y�i�VcY�>�[�ggVa�d[�JVngdaa�NVm p �a���Wa���beadn�gh�i]Vi�Xdci�cj��id�eVn��beadn��h(�Wji�V�edgi�dc�d[��ih�ldg�[dgX��XVccdi�e�g[dgb�i]��g�g��jaVg��dWh� Yj��id��dgdcVk�gjh�eVcY�b�X� p L�X��k��V�1,�e�gX�ci�Xg�Y�i�dc�lV��h�je�id� -,(,,,�e�g��beadn���V�V�chi�i]��g��beadnb�ci�iVm�h��VX]�fjVgi�g p @dg�i]��c�c��bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,(��dc��Y�hdc�VcY����IHS�g�Xd�c�o�Y�V�iVm�W�c�[�i�id�NVm�h(�di]�g� i]Vc��cXdb��iVm�h��d[� 5�b�aa�dc�VcY� 1�b�aa�dc(�g�he�Xi�k�an p ;aadlh�[dg�Y�[�ggVa�d[��beadn�g�h]Vg��$2*.�e�gX�ci%�d[��beadn���lV��h�hjW��Xi�id�MdX�Va�M�Xjg�in�eVngdaa�iVm�h�i]Vi� ldjaY�]Vk��W��c�di]�gl�h��dl�Y�[gdb�GVgX]�.3�i]gdj�]�>�X�bW�g�/-(�.,.,�$i]���dbeVc��h��ci�cY�id�Y�[�g�i]�� eVnb�ci�d[��beadn�g�eVngdaa�iVm�h�[dg�i]��e�g�dY�;eg�a�-(�.,.,�i]gdj�]�>�X�bW�g�/-(�.,.,�d[�Veegdm�bVi�an� 3/� b�aa�dc�$ 21�b�aa�dc�d[�l]�X]��h�[dg����IHS% p 1,�e�gX�ci�g�eVnb�ci�d[�eVngdaa�iVm�h�Yj��Wn�>�X�bW�g�.,.-�VcY�g�bV�c�c��1,�e�gX�ci�Yj��Wn�>�X�bW�g�.,.. /.


 
797CBL�C�R�NaV����N�Q�ANV�aR�N�PR�9e�R��R��N$ ���V��ZVYYV���$ 8R�N�aZR�aNY CaUR��9e�R��R��O$ �+&0+, �+&/1, �+&/31 �+&/3. �+&/�2 �+&/,+ �+&.+1 �-.. CaUR� �+&�30 �+&�.+ �//� �-�2 �3/. �3/2 �,1- �,/� �,11 FRTbYNa��f �03. :RR��N�Q� 5��R��ZR�a���P$ �.03 �.0. �,1/ �.10 �... �,+3�LH8 �RNYaUPN�R) �+/3 �-/� �+&,+��LH8 CaUR��9Z�Y�fRR� �,/-�LH8 6R�RSVa� �-0. �+0� �+1� �+1� �+00 DR��V��) �+/3 �+-. �+/2 �++/�LH8 CD96� �/2 �1+ ��23$ ��2-$�LH8 �Q$ �Q$ �Q$ �Q$ ,�+/ ,�+0 ,�+1 ,�+2 ,�+3 ,�,�9 ,�+/ ,�+0 ,�+1 ,�+2�Q$ ,�+3 ,�,�9 V* ;aa�Vbdjcih�g�[a�Xi�V�X]Vc����c�b�i]dYdad�n�[dg�h�a�Xi�[VX�a�i��h�VcY�i�a�Xdbbjc�XVi�dc��me�ch�h* W* Ii]�g��me�ch�h���c�gVaan�Vg����i]�g�g�XdcX�a�Y�i]gdj�]�Vbdjcih�g�[a�Xi�Y��c�gVi�h(�dg�g�eg�h�ci�hjgX]Vg��h�i]Vi�Vg��g�Xdk�g�Y��c�g�k�cj�h�[gdb�Xjhidb�gh* X* CcXajY�h�>�bVcY�M�Y��GVcV��b�ci(�Mnhi�b�<�c�[�i��]Vg��h�VcY�JjWa�X�M�gk�X��FVl�-4;�Vhh�hhb�cih�l]�X]�Vg��Xdaa�Xi�Y��c�g�k�cj�h* Y* �mXajY�h�cdc)h�gk�X��Xdbedc�cih�d[�J�ch�dc+IJ�<h�ejghjVci�id�;XXdjci�c��MiVcYVgYh�OeYVi��.,-3),3*�@dg�i]��c�c��bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,(� ���IHS�g�XdgY�Y�cdc)h�gk�X��Xdhi�Xdbedc�cih�d[� -//�b�aa�dc*�M���eV��h�/-�)�/.�d[�i]��/K�.,.,�@dgb�-,)K* //


 
7�Z���VaV����S�FRTbYNa��f�FNaR�6N�R�N$ $Vh�d[�M�ei�bW�g�/,(�.,.,% 797CBL ���V��ZVYYV���$ �a�Xig�X HS ..(,33 AVh HS 2(525 Mi�Vb HS -(043 H�aNY�797CBL �-�&/-- C�F ���V��ZVYYV���$ I"L��a�Xig�X HS 445 I"L�AVh HS 04/ L��I HD .2. H�aNY�C�F �+&0-. ���IHS ���IHS�AVh ���IHS I"L L��I H�aNY�FNaR�6N�R �-,&+01 �a�Xig�X Mi�Vb V* ;k�gV���gVi��WVh��[dg�-.�bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,* /0


 
5cR�NTR�FNaR�6N�R�6NYN�PR� ���V��ZVYYV���$ /(/ � -'fRN��75�F� �-/&2..� �--&3,/� �+&130 �-+&31,� �+&1.+ �-�&//3� �-.&�.2 �+&00+ �-,&+2. �,2&/+/� �+&//+ �-�&-++ �,0&�+.� �+&./2 �,3&��2 �,.&/,,� �,/&�+.� �+&-10 �,1&�/1 C�F �+&-/1 �+&-�. �,.&0-2 �,-&+0/ �,-&1+� 797CBL ;XijVa @dg�XVhi ,�+/ ,�+0 ,�+1 ,�+2 ,�+3 ,�,�9 �N$ ,�,+9 �N$ ,�,,9�N$ �a�Xig�X -3(155 -3(53- -4(1-/ .,(,13 .-(-05 .-(22, ..(34/ ./(5.2 797CBL AVh 0(,./ 0(.23 0(3./ 1(14- 2(0,4 3(-3- 3(5-- 4(2.. Mi�Vb -(10/ -(03. -(0,. -(0-5 -(01- -(04, -(05, -(1,, �a�Xig�X 325 3/- 315 4,2 40. 5,2 504 520 C�F AVh /42 /2. /5. 0.2 011 032 054 1.0 F97C �a�Xig�X .,. .-- ..1 ..2 .10 .35 .51 /,4 V* ;bdjcih�g�[a�Xi�i]�����IHS��a�Xig�X�VcY��Vh�gVi��eaVch�Veegdk�Y�dc�DVcjVgn�-2(�.,.,* /1


 
FRTbYNaRQ�IaVYVaVR���FNaR���S�FRab���N�Q�9�bVaf�FNaV�� $-.�Gdci]h��cY�Y�M�ei�bW�g�/,(�.,.,% FRTbYNaRQ�6N�V�� 5YY�dRQ� 5PabNY� 797CBL� �a�Xig�X 4*5� 4*4� AVh 4*5 4*0 Mi�Vb 5*/ 1*2 $V% Ik�gVaa�p����IHS� 4*5 4*2 ���.�0��7948����846 &)�%� &'�)� C�F� �a�Xig�X 5*,� 5*.� AVh 5*, 5*, � L��I 5*1 1*4 $V% Ik�gVaa�p�I"L� 5*- 4*2 . ���7948����846 &)�%� &(��� V* Q���]i�Y�Wn�gVi��WVh�* /2


 
7N�VaNY�9e�R�QVab�R� ���V��ZVYYV���$ �N$ �/&,-/ �/&,.3 �,.2 �+&�12 �.&+.. �O$ �+&13+ �++ �-&121 �-&13, �-&010 �-&0�0 �0�� �,. �10 �-&.+2 �,/� �+&,-/ �00 �,�/ �.�� �..1 �,.2 �2,- �-&/-- �-&/+- �-&-+0 �-&�3- �-&,+� �-&,,- �,&3,, �,&/3/ .,-1 .,-2 .,-3 .,-4 .,-5 .,.,��P$ .,.-� �P$ .,..��P$ ;XijVa @dg�XVhi�Q$ ���IHS�"�I"L�)�VXijVa �a�Vc��c�g�n�<jh�c�hh�h�)�VXijVa �dc��Y�hdc�NgVchb�hh�dc�)�VXijVa ���IHS�"�I"L�)�[dg�XVhi �a�Vc��c�g�n�<jh�c�hh�h�)�[dg�XVhi� �dc��Y�hdc�NgVchb�hh�dc�)�[dg�XVhi V* .,-2��cXajY�h�MiV��XdVX]�DP��ck�hib�ci�d[� 530�b�aa�dc* W* .,-4��cXajY�h��a�Vc��c�g�n�<jh�c�hh�h��ejgX]Vh��d[�M�begV�MdaVg�BdaY�c�h(�FF�* X* ;bdjcih�g�[a�Xi�i]�����IHS��a�Xig�X�VcY��Vh�gVi��eaVch�Veegdk�Y�dc�DVcjVgn�-2(�.,.,* Y* .,-5�@dgb�-,)E(�eV���/.(��mX�ei�[dg�i]����<h�l]�X]�]Vh�W��c�jeYVi�Y�Vh�d[�M�ei�bW�g�/,(�.,.,* /3


 
IaVYVaVR���7N�VaNY�9e�R�QVab�R� ���V��ZVYYV���$ �-&/-- �-&/+- �-&-+0 �-&,+� �-&,,- �-&�3- GaRNZ �,&3,, �,&/3/ �N� 9YRPa�VP 8R��RPVNaV�� �N$ �N$ �N$ .,-1 .,-2 .,-3 .,-4 .,-5 .,.,� .,.-� .,..� ;XijVa @dg�XVhi �O$ 5��bNY�797CBL�7N�VaNY�9e�R�QVab�R� 5��bNY�C�F�7N�VaNY�9e�R�QVab�R� 9YRPa�VP �N� GaRNZ 8R��RPVNaV�� 9YRPa�VP �N� 8R��RPVNaV�� .,-1 � -(214� � 23-� � -,2� � -(,0,� � --0� � 02� � 24� .,-2 � -(4-5� � 4--� � -.2� � -(-,2� � --0� � 1.� � 23� .,-3 � -(5,1� � 5,5� � 5,� � -(-51� � -.4� � 2-� � 3-� .,-4 � -(42-� � -(,1,� � 50� � -(.32� � -/4� � 23� � 33� .,-5 � -(41-� � -(,34� � 5-� � -(/3/� � -0.� � 2-� � 40� .,.,��N$ � .(-1,� � -(,42� � 5.� � -(15,� � -1/� � 1.� � 5.� .,.-��N$ � .(-2.� � -(,2,� � 41� � -(3,3� � -11� � 1-� � 51� .,..��N$ � .(,-5� � 55/� � 43� � -(40/� � -2/� � 10� � 55� V* ;bdjcih�g�[a�Xi�i]�����IHS��a�Xig�X�VcY��Vh�gVi��eaVch�Veegdk�Y�dc�DVcjVgn�-2(�.,.,* W* .,-5�@dgb�-,)E(�eV���/.* /4


 
:V�N�PV�T�DYN��S���,�,��h�,�,, :V�N�PV�T�DYN� v Chhj��W�il��c� -(1,,�b�aa�dc�VcY� .(,,,�b�aa�dc�d[�adc�)i�gb�Y�Wi(�eg�bVg�an�Vi�i]��Oi�a�i��h(��c�.,.,�VcY�Veegdm�bVi�an� -(4,,�b�aa�dc��c�V��g��Vi��d[�adc�)i�gb�Y�Wi�Vi�i]��Oi�a�i��h�Yjg�c��.,.-�VcY�.,..(��c�VYY�i�dc�id�i]���hhjVcX��d[�adc�)i�gb� Y�Wi�id�g�[�cVcX��bVijg�i��h�Vi�i]��Oi�a�i��h* v Chhj��Y�Wi�h�Xjg�Y�Wn�i]���a�Vc��c�g�n�<jh�c�hh�hs�g�c�lVWa���a�Xig�X�egdYjXi�dc�egd��Xih�VcY�Wn��dc��Y�hdc� NgVchb�hh�dcsh��ck�hib�cih* v Chhj��je�id� 2,,�b�aa�dc�d[�Xdbbdc��fj�in��c�.,.,�VcY�Veegdm�bVi�an� -(-,,�b�aa�dc��c�V��g��Vi��d[�Xdbbdc��fj�in�Yjg�c�� .,.-�VcY�.,..(��c�VYY�i�dc�id��fj�in��hhj�Y�i]gdj�]�Y�k�Y�cY�g��ck�hib�ci(��beadn���hidX��ejgX]Vh��VcY�adc�)i�gb��cX�ci�k�� eaVch�VcY��c�VYY�i�dc�id�i]��-*,1�b�aa�dc�h]Vg�h��hhj�Y�[dg� 44�b�aa�dc��c�DVcjVgn�.,.,�id�h�iia��i]��g�bV�cY�g�d[�V�GVn�.,-5� �fj�in�[dglVgY�igVchVXi�dc* ,�,��8ROa�:V�N�PV�T�5PaVcVaf v Cc�GVgX](����IHS��hhj�Y� 2,,�b�aa�dc�d[�/*/1�e�gX�ci�d[�Y�W�cijg�h�Yj��.,/,�VcY� -(,,,�b�aa�dc�d[�/*51�e�gX�ci� Y�W�cijg�h�Yj��.,1,��c��ih��cVj�jgVa��g��c�WdcY�d[[�g�c�* v Cc�Djan(��dc��Y�hdc�Wdggdl�Y� 4.,�b�aa�dc�ejghjVci�id�V�hjeea�b�ciVa�Xg�Y�i�V�g��b�ci�Vi�V�kVg�VWa��gVi��i]Vi��h�Yj��GVgX]� .,.-* v Cc�M�ei�bW�g(�I"L��hhj�Y� /1�b�aa�dc�d[�.*,.�e�gX�ci�d[�Y�W�cijg�h�Yj��.,/,�VcY� 0,�b�aa�dc�d[�/*.0�e�gX�ci�d[�Y�W�cijg�h� Yj��.,1,* ���T'aR�Z�8ROa�ANab�VaVR�� ���V��ZVYYV���$ ,�,� ,�,+ ,�,, ,�,- ,�,. �dc��Y�hdc(�CcX*�TeVg�ci�XdbeVcnU / -(-34 .5/ � q� � q� ���IHS /1,$V% 20, q q .1, I"L q q q q q ��<h -21$W% -05 -00 /-2 -/1 H�aNY �/+2 �+&301 �.-1 �-+0 �-2/ V* ���IHS� /1,�b�aa�dc�Y�Wi�bVijg�Y��c�Djc�(�0*01� W* ��<h�g�eV�Y� --.�b�aa�dc�d[�bVijg�c��Y�Wi�Yjg�c��i]��c�c��bdci]h��cY�Y�M�ei�bW�g�/,(�.,., /5


 
7N�VaNY�Ga�bPab�R�h�GR�aRZOR��-�&�,�,� ���V��ZVYYV���$ 7����YVQNaRQ�9QV���&���P( 6NN,�)�666%�)�666% 8ROa �� ,+&+1+� /- 9�bVaf � +2&1++� .1 H�aNY �� -3&22,� +�� 797CBL C�F DN�R�a�N�Q�CaUR�� 6NN+�)�5'�)�5' 6NN+�)�5'�)�5' 8ROa �� +0&+31� /- 8ROa �� 23-� /- 8ROa �� .&�2+� // 9�bVaf � +.&/1/� .1 9�bVaf � 133� .1 9�bVaf � -&--1� ./ H�aNY �� -�&11,� +�� H�aNY �� +&03,� +�� H�aNY �� 1&.+2� +�� ;bdjcih�h]dlc��mXajY��cdi�h�eVnVWa��VcY��cXajY��i]��Xjgg�ci�edgi�dc�d[�adc�)i�gb�Y�Wi*� M�c�dg�jch�Xjg�Y�Xg�Y�i�gVi�c�h�h]dlc��c�dgY�g�d[�GddYnsh�+�M"J�+�@�iX]*�GddYnsh�]Vh�hiVWa��djiadd�h�[dg���C�VcY����IHS� VcY�c��Vi�k��djiadd��[dg�I"L*�M"J�]Vh�hiVWa��djiadd�h�[dg��VX]��ci�in�VcY�@�iX]�]Vh�c��Vi�k��djiadd�h�[dg��VX]��ci�in*� LVi�c�h�Vg��cdi�V�g�Xdbb�cYVi�dc�id�Wjn(�h�aa�dg�]daY�h�Xjg�i��h�VcY�bVn�W��hjW��Xi�id�g�k�h�dc�dg�l�i]YgVlVa�Vi�Vcn�i�b�*� 0,


 
7�ZZR�PVNY�DN�R��6����dV�T� ���V��ZVYYV���$ 0-


 
IaVYVaVR���GNYR��N�Q�FRcR�bR��h�9YRPa�VP�HUV�Q�EbN�aR� ���V��ZVYYV���$ 9YRPa�VP�h� -�Q�EbN�aR� AVYYV�����S��VY�dNaa'U�b��� FRcR�bR��V��AVYYV��� ,�,� ,�+3 ,�,� ,�+3 7���9QV�����S�BRd�L��� L�h�Y�ci�Va�VcY�L�a���djh 0(,,- /(243 551 5./ �dbb�gX�Va�VcY�CcYjhig�Va .(2.3 .(4/- 112 113 L�iV�a�X]d�X��Xjhidb�gh 2(.50 3(//5 340 410 JjWa�X�;ji]dg�i��h 1- .2 -, 1 HSJ;(�Gjc�X�eVa�;��cXn�VcY�di]�g� .(04- .(3/, .,3 .-0 �����H�aNY�GNYR�hVa�h �N$ +/&./. +0&0+- �,&//, �,&//- C�N�TR�N�Q�F�P�YN�Q L�h�Y�ci�Va�VcY�L�a���djh 203 142 --, -,2 �dbb�gX�Va�VcY�CcYjhig�Va ./, ./1 /1 /2 L�iV�a�X]d�X��Xjhidb�gh 30- 352 2. 2. JjWa�X�;ji]dg�i��h /. /, / . �����H�aNY�GNYR��N$ +&0/� +&0.1 �,+� �,�0 FRTbYNaRQ�IaVYVaf�GNYR����FRcR�bR� L�h�Y�ci�Va�VcY�L�a���djh 0(204 0(.3/ -(-,1 -(,.5 �dbb�gX�Va�VcY�CcYjhig�Va .(413 /(,22 15- 15/ L�iV�a�X]d�X��Xjhidb�gh 3(,/1 4(-/1 402 5-2 JjWa�X�;ji]dg�i��h 4/ 12 -/ 3 HSJ;(�Gjc�X�eVa�;��cXn�VcY�di]�g� .(04- .(3/, .,3 .-0 �����H�aNY�GNYR�hVa�h +1&+�. +2&,0� �,&10, �,&1/3 V* �a�Xig�X�Y�a�k�gn�kdajb�h��c����IHSsh�VcY�I"L�h�h�gk�X��Vg�Vh�Y�Xg�Vh�Y�3*,�e�gX�ci�VcY��cXg�Vh�Y�,*.�e�gX�ci(� g�he�Xi�k�an(�[dg�i]��i]g���bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,�XdbeVg�Y�l�i]�i]��.,-5�e�g�dY*�;[i�g�VY�jhi�c��[dg�l�Vi]�g�VcY� di]�g�kVg�Vi�dch(��a�Xig�X�Y�a�k�gn�kdajb�h��c����IHSsh�VcY�I"L�h�h�gk�X��Vg�Vh�Y�Xg�Vh�Y�4*3�e�gX�ci�VcY�-*4�e�gX�ci(� g�he�Xi�k�an(�[dg�i]��i]g���bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,�XdbeVg�Y�l�i]�i]��.,-5�e�g�dY* 0.


 
IaVYVaVR���GNYR��N�Q�FRcR�bR��h�9YRPa�VP�LRN�'a�'8NaR� ���V��ZVYYV���$ 9YRPa�VP�h� LRN�'a�'8NaR AVYYV�����S��VY�dNaa'U�b��� FRcR�bR��V��AVYYV��� ,�,� ,�+3 ,�,� ,�+3 7���9QV�����S�BRd�L��� L�h�Y�ci�Va�VcY�L�a���djh � 4(2/4� � 4(.,/� .(.., .(,2, �dbb�gX�Va�VcY�CcYjhig�Va 3(-01 3(130 -(0,3 -(0,1 L�iV�a�X]d�X��Xjhidb�gh -3(,-0 -4(524 -(4/4 -(435 JjWa�X�;ji]dg�i��h --, 4/ -5 -1 HSJ;(�Gjc�X�eVa�;��cXn�VcY�di]�g�hVa�h 2(42. 3(/50 043 052 �����H�aNY�GNYR��N$ -3&103 .,&,,, �/&31+ �/&2// C�N�TR�N�Q�F�P�YN�Q L�h�Y�ci�Va�VcY�L�a���djh -(0-0 -(//5 .03 .0/ �dbb�gX�Va�VcY�CcYjhig�Va 2-. 2.- 44 43 L�iV�a�X]d�X��Xjhidb�gh -(551 .(-50 -00 -03 JjWa�X�;ji]dg�i��h 4. 4, 2 3 �����H�aNY�GNYR��N$ .&+�- .&,-. �.2/ �.2. FRTbYNaRQ�IaVYVaf�GNYR����FRcR�bR� L�h�Y�ci�Va�VcY�L�a���djh -,(,1. 5(10. .(023 .(/,/ �dbb�gX�Va�VcY�CcYjhig�Va 3(313 4(-51 -(051 -(05. L�iV�a�X]d�X��Xjhidb�gh -5(,,5 .-(-2. -(54. .(,.2 JjWa�X�;ji]dg�i��h -5. -2/ .1 .. HSJ;(�Gjc�X�eVa�;��cXn�VcY�di]�g�hVa�h 2(42. 3(/50 043 052 �����H�aNY�GNYR� .-&21, .0&./0 �0&./0 �0&--3 V* �a�Xig�X�Y�a�k�gn�kdajb�h��c����IHSsh�VcY�I"L�h�h�gk�X��Vg�Vh�Y�Xg�Vh�Y�1*4�e�gX�ci�VcY�/*-�e�gX�ci(�g�he�Xi�k�an(�[dg�i]��c�c�� bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,�XdbeVg�Y�l�i]�i]��.,-5�e�g�dY*�;[i�g�VY�jhi�c��[dg�l�Vi]�g�VcY�di]�g�kVg�Vi�dch(��a�Xig�X�Y�a�k�gn� kdajb�h��c����IHSsh�VcY�I"L�h�h�gk�X��Vg�Vh�Y�Xg�Vh�Y�1*2�e�gX�ci�VcY�-*1�e�gX�ci(�g�he�Xi�k�an(�[dg�i]��c�c��bdci]h��cY�Y� M�ei�bW�g�/,(�.,.,�XdbeVg�Y�l�i]�i]��.,-5�e�g�dY* 0/


 
IaVYVaVR���GNYR��N�Q�FRcR�bR��h��N��HUV�Q�EbN�aR� ���V��ZVYYV���$ � � � � � � �N��h� -�Q�EbN�aR� HU�b�N�Q���S�8R�NaUR�Z� FRcR�bR��V��AVYYV��� ,�,� ,�+3 ,�,� ,�+3 7���9QV�����S�BRd�L��� L�h�Y�ci�Va 0(/-0 0(,/. --3 -,/ A�c�gVa /(1,0 0(,53 /1 01 @�gb�NgVchedgiVi�dc 4(224 5(,3- 3, 3- H�aNY�:V�Z�GNYR��N�Q�H�N�����aNaV���N$ +0&.20 +1&,�� ,,, ,+3 Cci�ggjei�Wa��MVa�h -(44. -(530 0 2 NgVchedgiVi�dc�d[��jhidb�g�Ilc�Y�AVh /3(4-2 /2(05- -0 -0 ���H�aNY�GNYR� /0&+2. //&00/ �,.� �,-3 I[[)hnhi�b�MVa�h � q� � q� � q� � q� C�N�TR�N�Q�F�P�YN�Q L�h�Y�ci�Va 3.0 2.- -/ -- A�c�gVa .-4 -2- . - @�gb�NgVchedgiVi�dc 4,0 41- 3 2 H�aNY�:V�Z�GNYR��N�Q�H�N�����aNaV���N$ +&1.0 +&0-- ,, +2 Cci�ggjei�Wa��MVa�h 343 354 - - NgVchedgiVi�dc�d[��jhidb�g�Ilc�Y�AVh 1- 4, � q� - ���H�aNY�GNYR� ,&/2. ,&/++ �,- �,� I[[)hnhi�b�MVa�h � q� � q� � q� � q� FRTbYNaRQ�IaVYVaf�GNYR����FRcR�bR� L�h�Y�ci�Va 1(,/4 0(21/ -/, --0 A�c�gVa /(3.. 0(.14 /3 02 @�gb�NgVchedgiVi�dc 5(03. 5(5.. 33 33 H�aNY�:V�Z�GNYR��N�Q�H�N�����aNaV�� +2&,-, +2&2-- ,.. ,-1 Cci�ggjei�Wa��MVa�h .(225 .(33. 1 3 NgVchedgiVi�dc�d[��jhidb�g�Ilc�Y�AVh /3(423 /2(13- -0 -1 ���H�aNY�GNYR� /2&102 /2&+10 �,0- �,/3 I[[)hnhi�b�MVa�h � q� � q� � q� � q� � � � � � � V* @�gb�hVa�h�VcY�igVchedgiVi�dc�kdajb�h��c����IHSsh�VcY�I"L�h�h�gk�X��Vg�Vh�Y�Xg�Vh�Y�0*.�e�gX�ci�VcY��cXg�Vh�Y�2*5�e�gX�ci(� g�he�Xi�k�an(�[dg�i]��i]g���bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,�XdbeVg�Y�l�i]�i]��.,-5�e�g�dY*�;[i�g�VY�jhi�c��[dg�l�Vi]�g�VcY�di]�g� kVg�Vi�dch(�[�gb�hVa�h�VcY�igVchedgiVi�dc�kdajb�h��c����IHSsh�VcY�I"L�h�h�gk�X��Vg�Vh�Y�Xg�Vh�Y�-*0�e�gX�ci�VcY�-*1�e�gX�ci(� g�he�Xi�k�an(�[dg�i]��i]g���bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,�XdbeVg�Y�l�i]�i]��.,-5�e�g�dY* 00


 
IaVYVaVR���GNYR��N�Q�FRcR�bR��h��N��LRN�'a�'8NaR� ���V��ZVYYV���$ � � � � � � �N��h� LRN�'a�'8NaR HU�b�N�Q���S�8R�NaUR�Z� FRcR�bR��V��AVYYV��� ,�,� ,�+3 ,�,� ,�+3 7���9QV�����S�BRd�L��� L�h�Y�ci�Va /3(-2- 0-(,/1 25- 3.0 A�c�gVa ..(11- .1(,-4 ./3 .55 @�gb�NgVchedgiVi�dc 14(253 2,(15, 043 000 H�aNY�:V�Z�GNYR��N�Q�H�N�����aNaV���N$ ++2&.�3 +,0&0.- +&.+/ +&.01 Cci�ggjei�Wa��MVa�h 2(425 3(/31 ./ /0 NgVchedgiVi�dc�d[��jhidb�g�Ilc�Y�AVh 41(513 43(455 02 00 ���H�aNY�GNYR� ,++&,-/ ,,+&3+1 �+&.2. �+&/./ I[[)hnhi�b�MVa�h � q� � q� � q� � q� C�N�TR�N�Q�F�P�YN�Q L�h�Y�ci�Va 2(040 2(431 4/ 54 A�c�gVa -(00/ -(2,4 -0 -4 @�gb�NgVchedgiVi�dc 1(355 2(0/, 01 00 H�aNY�:V�Z�GNYR��N�Q�H�N�����aNaV���N$ +-&1,0 +.&3+- +., +0� Cci�ggjei�Wa��MVa�h .(3./ .(25, 0 0 NgVchedgiVi�dc�d[��jhidb�g�Ilc�Y�AVh 11/ 20/ - - ���H�aNY�GNYR� +1&��, +2&,.0 �+.1 �+0/ I[[)hnhi�b�MVa�h � q� � q� � q� � q� FRTbYNaRQ�IaVYVaf�GNYR����FRcR�bR� L�h�Y�ci�Va 0/(201 03(5-, 330 4.. A�c�gVa ./(550 .2(2.2 .1- /-3 @�gb�NgVchedgiVi�dc 20(052 23(,., 1/. 044 H�aNY�:V�Z�GNYR��N�Q�H�N�����aNaV�� +-,&+-/ +.+&//0 +&//1 +&0,1 Cci�ggjei�Wa��MVa�h 5(15. -,(,21 .3 /4 NgVchedgiVi�dc�d[��jhidb�g�Ilc�Y�AVh 42(1-, 44(10. 03 01 ���H�aNY�GNYR� ,,2&,-1 ,.�&+0- �+&0-+ �+&1+� I[[)hnhi�b�MVa�h � q� � q� � q� � q� � � � � � � V* @�gb�hVa�h�VcY�igVchedgiVi�dc�kdajb�h��c����IHSsh�VcY�I"L�h�h�gk�X��Vg�Vh�Y�Xg�Vh�Y�2*1�e�gX�ci�VcY�4*,�e�gX�ci(� g�he�Xi�k�an(�[dg�i]��c�c��bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,�XdbeVg�Y�l�i]�i]��.,-5�e�g�dY*�;[i�g�VY�jhi�c��[dg�l�Vi]�g�VcY� di]�g�kVg�Vi�dch(�[�gb�hVa�h�VcY�igVchedgiVi�dc�kdajb�h��c����IHSsh�VcY�I"L�h�h�gk�X��Vg�Vh�Y�Xg�Vh�Y�,*1�e�gX�ci�[dg�i]�� c�c��bdci]h��cY�Y�M�ei�bW�g�/,(�.,.,�XdbeVg�Y�l�i]�i]��.,-5�e�g�dY* 01


 
IaVYVaVR���GNYR��N�Q�FRcR�bR��h�GaRNZ�HUV�Q�EbN�aR��N�Q�LRN�'a�'8NaR� ���V��ZVYYV���$ � � � � � � GaRNZ�h� -�Q�EbN�aR� AVYYV�����S�D�b�Q� FRcR�bR��V��AVYYV��� ,�,� ,�+3 ,�,� ,�+3 7���9QV�����S�BRd�L��� A�c�gVa 3 2 - . ;eVgib�ci�Bdjh� 2-3 3.. -. -/ ;ccjVa�Jdl�g .(,./ .(00/ // /2 H�aNY�GNYR���N$ ,&0.1 -&+1+ �.0 �/+ � � � � � � GaRNZ�h� LRN�'a�'8NaR AVYYV�����S�D�b�Q� FRcR�bR��V��AVYYV��� ,�,� ,�+3 ,�,� ,�+3 7���9QV�����S�BRd�L��� A�c�gVa //0 /50 -3 ., ;eVgib�ci�Bdjh� /(4/, 0(//- -,/ -., ;ccjVa�Jdl�g 4(02. -,(/4/ .01 /,0 H�aNY�GNYR���N$ +,&0,0 +/&+�2 �-0/ �... � � � � � � V* Mi�Vb�hVa�h�VcY�Y�a�k�g��h�Y�Xg�Vh�Y�-2*1�e�gX�ci�VcY�-2*0�e�gX�ci(�g�he�Xi�k�an(�[dg�i]��i]g���VcY�c�c��bdci]h� �cY�Y�M�ei�bW�g�/,(�.,.,�XdbeVg�Y�l�i]�i]��.,-5�e�g�dY*�;[i�g�VY�jhi�c��[dg�l�Vi]�g�VcY�di]�g�kVg�Vi�dch(� hi�Vb�hVa�h�VcY�Y�a�k�g��h�Y�Xg�Vh�Y�-3*5�e�gX�ci�VcY�4*/�e�gX�ci(�g�he�Xi�k�an(�[dg�i]��i]g���VcY�c�c��bdci]h� �cY�Y�M�ei�bW�g�/,(�.,.,�XdbeVg�Y�l�i]�i]��.,-5�e�g�dY* 02


 
��P�ZR�GaNaRZR�a�h�,�,��HUV�Q�EbN�aR� ���V��ZVYYV���$ 797CBL C�F 796� 79H CaUR��N$ H�aNY NdiVa�de�gVi�c��g�k�cj�h .(43. ./4 ... - q /(/// >�eg�X�Vi�dc�VcY�Vbdgi�oVi�dc 0,- ./ 14 q q 04. Ii]�g�de�gVi�c���me�ch�h -(305 -22 3. / - -(55- NdiVa�de�gVi�c���me�ch�h .(-1, -45 -/, / - .(03/ Ie�gVi�c���cXdb� 3.. 05 5. $.% $-% 42, Ii]�g��cXdb��$Y�YjXi�dch% $/4% $0% / .3 $-% $-/% Cci�g�hi��me�ch� -4. -, .. 0 4 ..2 CcXdb��W�[dg���cXdb��iVm��me�ch� 1,. /1 3/ .- $-,% 2.- CcXdb��iVm��me�ch� 53 4 4 2 q --5 H�i��cXdb� 0,1 .3 21 -1 $-,% 1,. CcXdb��Viig�WjiVWa��id�cdc)Xdcigdaa�c���ci�g�hi q q 5 q q 5 H�i��cXdb��[dg�Xdbbdc�hidX� 0,1 .3 12 -1 $-,% 05/ V*� CcXajY�h�eVg�ci�XdbeVcn�VcY�Xdchda�YVi�dc�VY�jhib�cih* �dc��Y�hdcsh�Xdchda�YVi�Y�[�cVcX�Va�hiVi�b�cih�VcY�i]��cdi�h�i]�g�id�Vg���c�Ci�b�-�d[�i]��i]�gY�fjVgi�g�.,.,�@dgb�-,)K* 03


 
��P�ZR�GaNaRZR�a�h�,�,��LRN�'a�'8NaR ���V��ZVYYV���$ 797CBL C�F 796� 79H CaUR��N$ H�aNY NdiVa�de�gVi�c��g�k�cj�h 4(,3. 203 122 / $.% 5(.42 >�eg�X�Vi�dc�VcY�Vbdgi�oVi�dc -(-43 23 -3/ - q -(0.4 Ii]�g�de�gVi�c���me�ch�h 1(,/- 022 .,1 4 - 1(3-- NdiVa�de�gVi�c���me�ch�h 2(.-4 1// /34 5 - 3(-/5 Ie�gVi�c���cXdb� -(410 --0 -44 $2% $/% .(-03 Ii]�g��cXdb��$Y�YjXi�dch% $-/4% $--% 0 34 $1% $3.% Cci�g�hi��me�ch� 110 /, -4/ -0 -2 353 CcXdb��W�[dg���cXdb��iVm��me�ch� -(-2. 3/ 5 14 $.0% -(.34 CcXdb��iVm��me�ch� -55 -2 $/2% -2 $-.% -4/ H�i��cXdb� 52/ 13 01 0. $-.% -(,51 CcXdb��Viig�WjiVWa��id�cdc)Xdcigdaa�c���ci�g�hi q q /3 q q /3 H�i��cXdb��[dg�Xdbbdc�hidX� 52/ 13 4 0. $-.% -(,14 @dg�i]����<h(�g�XdcX�a�Vi�dc�d[�c�i��cXdb��[dg�Xdbbdc�hidX��id�VY�jhi�Y��Vgc�c�h�W�[dg���ci�g�hi(�iVm�h(�Y�eg�X�Vi�dc�VcY�Vbdgi�oVi�dc� $VY�jhi�Y��<CN>;%� H�i��cXdb��[dg�Xdbbdc�hidX� 4 GVg�)id)bVg��i�eg�)iVm�adhh+$�V�c% 4, BF<P�eg�)iVm�adhh+$�V�c% /4 Cci�g�hi��me�ch�+$�cXdb�%(��mXajY�c��bVg�)id)bVg��i��[[�Xih�d[��ci�g�hi�gVi��hlVeh -,0 CcXdb��iVm�$W�c�[�i%+�me�ch� $-.% Jg�)iVm��fj�kVa�ci�d[�egdYjXi�dc�iVm�Xg�Y�ih�$.1�% 4 >�eg�X�Vi�dc�VcY�Vbdgi�oVi�dc -3/ ;Y�jhi�Y��<CN>;�$cdc)A;;J% /55 V*� CcXajY�h�eVg�ci�XdbeVcn�VcY�Xdchda�YVi�dc�VY�jhib�cih* �dc��Y�hdcsh�Xdchda�YVi�Y�[�cVcX�Va�hiVi�b�cih�VcY�i]��cdi�h�i]�g�id�Vg���c�Ci�b�-�d[�i]��i]�gY�fjVgi�g�.,.,�@dgb�-,)K* 04


 
GaNaRZR�a��S�7N�U�:Y�d��h�,�,��LRN�'a�'8NaR� � ���V��ZVYYV���$ 797CBL C�F 796� 79H CaUR��N$ H�aNY H�i�XVh]�[adlh�[gdb+$jh�Y��c%� de�gVi�c��VXi�k�i��h 515 4. 4-, $4% $031% -(/24 H�i�XVh]�[adlh�[gdb+$jh�Y��c%� �ck�hi�c��VXi�k�i��h $.(0-.% $-1,% $0/4% -2 q $.(540% H�i�XVh]�[adlh�[gdb+$jh�Y��c%� [�cVcX�c��VXi�k�i��h 10/ 1, $00,% $4% 124 3-/ H�i�X]Vc���[dg�i]��e�g�dY $5-,% $-4% $24% q 5/ $5,/% <VaVcX��Vi�W���cc�c��d[�e�g�dY 5// /. .1- q - -(.-3 <VaVcX��Vi��cY�d[�e�g�dY�$W% ./ -0 -4/ q 50 /-0 V*� CcXajY�h�eVg�ci�XdbeVcn�VcY�Xdchda�YVi�dc�VY�jhib�cih* W*����M����L�XdcX�a�Vi�dc�d[��Vh](�N�bedgVgn��Vh]�Cck�hib�cih�VcY�L�hig�Xi�Y��Vh]���c�Hdi��;��c�Ci�b�-�d[�i]��i]�gY�fjVgi�g�.,.,�@dgb�-,)K*� �dc��Y�hdcsh�Xdchda�YVi�Y�[�cVcX�Va�hiVi�b�cih�VcY�i]��cdi�h�i]�g�id�Vg���c�Ci�b�-�d[�i]��i]�gY�fjVgi�g�.,.,�@dgb�-,)K* 05


 
6NYN�PR�GURRa�h�5���S�GR�aRZOR��-�&�,�,�� ���V��ZVYYV���$ 797CBL C�F 796� 79H CaUR��N$ H�aNY ;MM�NM �jgg�ci�Vhh�ih /(003 .11 02, .. ., 0(.,0 Cck�hib�cih 1,1 .2 q -(155 $2% .(-.0 H�i�eaVci /4(3-2 .(0-, 0(0.- -3 q 01(120 Ii]�g�cdcXjgg�ci�Vhh�ih 1(,,, 0,/ -(441 -0 0,- 3(3,/ NdiVa�Vhh�ih 03(224 /(,50 2(322 -(21. 0-1 15(151 FC;<CFCNC�M�;H>�MB;L�BIF>�LM���KOCNS �jgg�ci�a�VW�a�i��h 0(0,3 .50 -(-5. --1 -(-1. 3(-2, HdcXjgg�ci�a�VW�a�i��h -/(-.5 -(-,4 .-3 -,4 $00% -0(1-4 Fdc�)i�gb�Y�Wi -1(113 45/ .(4/4 1,, $14.% -5(.,2 �fj�in -0(131 355 .(1-5 5.5 $---% -4(3-- NdiVa�a�VW�a�i��h�VcY��fj�in 03(224 /(,50 2(322 -(21. 0-1 15(151 V*� CcXajY�h�eVg�ci�XdbeVcn�VcY�Xdchda�YVi�dc�VY�jhib�cih* �dc��Y�hdcsh�Xdchda�YVi�Y�[�cVcX�Va�hiVi�b�cih�VcY�i]��cdi�h�i]�g�id�Vg���c�Ci�b�-�d[�i]��i]�gY�fjVgi�g�.,.,�@dgb�-,)K* 1,


 
FNaV�T�5TR�Pf�7�RQVa�ARa�VP� FNaV�T�5TR�Pf� FNaV�T�5TR�Pf� FNaV�T�5TR�Pf� 8�d�T�NQR� FNaV�T�5TR�Pf FNaV�T�)�CbaY����N$ �Rf�ARa�VP�O$ :��RPN�a�P$ HU�R�U�YQ GddYnsh�Cck�hidgh� ����C6�<VV.�+�MiVWa� �@I�eg�)Q�$�%�+�>�Wi ��-1� ��8-/� M�gk�X�h �����IHS6�<VV-�+�MiVWa� ��-0��)�-2� ��8-0� ��I"L6�<VV-�+�H��Vi�k� ��8-1� ��8-1� M"J�AadWVa� ����C6�<<<'�+�MiVWa� @jcYh�[gdb�de�gVi�dch�� ��9-2� ��8-2� LVi�c�h$Y% id�>�Wi �����IHS6�;)�+�MiVWa� ��I"L6�;)�+�MiVWa� @�iX]�LVi�c�h ����C6�<<<'�+�H��Vi�k� @jcYh�[gdb� ��Hd�jeYVi�Y� ��91*,m de�gVi�dch);Y�jhi�Y� [dg�XVhi� �����IHS6�;)�+�H��Vi�k� F�k�gV�� he�X�[��Y ��91*,m ��I"L6�;)�+�H��Vi�k� ��91*,m N]�h�ha�Y��g�[a�Xih�i]��XdbeVcn�h�jcY�ghiVcY�c��d[�X�giV�c�Xg�Y�i�Xg�i�g�V�d[�i]��gVi�c��V��cX��h�Vi�i]�h�i�b�(�l]�X]�Vg��hjW��Xi�id�X]Vc��* MdjgX�6�GddYnsh�Cck�hidgh�M�gk�X���g�Y�i�Ie�c�dc�GVgX]�-3(�.,.,7�M"J�AadWVa�LVi�c�h�LVi�c�h>�g�Xi�M�ei�bW�g�-3(�.,.,7�@�iX]�LVi�c�h�eg�hh�g�a�Vh�� t@�iX]�;[[�gbh��dc�Y�"�MjWh�Y�Vg��h�Vi�r<<<'s7�Ijiadd��L�k�h�Y�id�H��Vi�k�u�GVgX]�.1(�.,.,*�� V* L�eg�h�cih�h�c�dg�jch�Xjg�Y�gVi�c�h*�LVi�c�h�Vg��cdi�V�g�Xdbb�cYVi�dc�id�Wjn(�h�aa�dg�]daY�h�Xjg�i��h�VcY�bVn�W��hjW��Xi�id�g�k�h�dc�dg�l�i]YgVlVa�Vi� Vcni�b�* W* ;h�Y�[�c�Y�VcY�XVaXjaVi�Y�Wn��VX]�g�he�Xi�k��gVi�c��V��cXn*�N]��gVi�c��V��cX��h�jh��di]�g�b�ig�Xh�i]Vi�Vg��cdi�Y�hXg�W�Y�dc�i]�h�ha�Y�*�� X* @dg�XVhi�g�eg�h�cih6�t-.)-4�Gdci]�@dglVgY�P��l�;h�d[�>Vi��JjWa�h]�Yu�[dg�GddYnsh7�t�c�.,.,�VcY�.,.-u�[dg�M"J7�@�iX]�ejWa�h]�Y�V�[dg�XVhi�d[�@jcYh� [gdb�de�gVi�dch);Y�jhi�Y�F�k�gV���d[�tH�Vg�dg�Vi�1*,mu�[dg���C(�0*3m�[dg����IHS�VcY�0*2m�[dg�I"L��c�i]��>�X�bW�g�-3(�.,-5�eg�hh�g�a�Vh�7� ]dl�k�g(�dc�GVgX]�.1(�.,.,�@�iX]��cY�XVi�Y�V�tk��l�Xg�Y�i�b�ig�Xh�Vg��cdl�a���an�id�l�V��c�dk�g�i]��gVi�c��]dg�odc(u�l]�X]��h�.,.,).,..* Y* M"J�gVi�h����IHS�VcY�I"L�dc�V��gdje�gVi�c��b�i]dYdad�n�l�i]��dc��Y�hdc*� �* �@I�eg�)Q���h�Y�[�c�Y�Wn�GddYn�h�Vh�XVh]�[adl�[gdb�de�gVi�dch�W�[dg��X]Vc��h��c�ldg��c��XVe�iVa* 1-


 
�V�a��S�B�aR��a��,�,��HUV�Q�EbN�aR��:��Z�+�'E�:V�N�PVNY�GaNaRZR�a� JV�� ;�p�MjbbVgn�d[�M��c�[�XVci�;XXdjci�c��Jda�X��h�VcY�Ii]�g�GVii�gh .,�)�.0 <�p�L��jaVidgn�GVii�gh .0�)�.5 ��p��Ve�iVa�oVi�dc /, >�p�M]dgi)N�gb�<dggdl�c�� /,�)�/- ��p�J�ch�dc�<�c�[�ih /- @�p�Ii]�g�Jdhig�i�g�b�ci�<�c�[�ih�� /. A�p��ck�gdcb�ciVa�GVii�gh� /.�)�/0 B�p�Ii]�g�GVi�g�Va��dci�c��cX��h� /0�)�/1 C�p�F�Vh�h /1�)�/3 D�p�CcXdb��NVm /3�)�/4 E�p�L�k�cj��L�Xd�c�i�dc /5�)�0, F�p�@�cVcX�Va�Cc[dgbVi�dc�Wn�<jh�c�hh�M��b�ci� 0,�)�0- G�p�>�g�kVi�k��Cchigjb�cih�VcY�B�Y��c��;Xi�k�i��h 0-�)�00 H�p�@V�g�PVaj��G�Vhjg�b�cih� 00�)�03 I�p�PVg�VWa��Cci�g�hi��ci�i��h� 03�)�04 J�p�H�l�@�cVcX�Va�;XXdjci�c��MiVcYVgYh� � 04�)�05 1.