1

12
2HLHRD 1JDKDLR =HKSJ@RHML ME 1@PRGOS@ID <DQHQR@LR .PHBI 7@QMLPV .SHJCHLF ?LCDP =GMBI 6M@CHLF -" 4MQGS@ 0@LHDJ @LC <"8" 0SADV -AQRP@BR DaVW^^[‘Y S‘V S‘S^ke[e aX S Td[U] _Sea‘dk Tg[^V[‘Y [‘ha^hWe g‘UWdfS[‘f[We ^[]W _aVW^^[‘Y Seeg_bf[a‘e S‘V bdabWdf[We aX ^aUS^ _SfWd[S^’ KZWdWXadW% [f [e ‘WUWeeSdk fa bWdXad_ S US^[TdSf[a‘ fa WhS^gSfW fZW Vk‘S_[U bdabWdf[We aX fZW efdgUfgdW’ KZW dWeba‘eW aX fZW !‘[fW W^W_W‘f _aVW^ [e [_bdahWV% bdWV[Uf[‘Y fZW bSdS_WfWd Tk bWd& Xad_[‘Y S ^[‘WSd Vk‘S_[U S‘S^ke[e a‘ WjbWd[_W‘fS^ VSfS Tk Ua_bSd[‘Y fZW SUUW^WdS& f[a‘’ =gdfZWd% S ‘a‘^[‘WSd Vk‘S_[U S‘S^ke[e iSe S^ea bWdXad_WV Ua_bSd[‘Y fZW daaX SUUW^WdSf[a‘ S‘V VS_SYW bSffWd‘ aX fZW efdgUfgdW aTfS[‘WV S‘S^kf[US^^k i[fZ fZW fWef !‘V[‘Ye’ KZW daaX SUUW^WdSf[a‘e aTfS[‘WV S‘S^kf[US^^k iWdW [‘ YaaV SYdWW_W‘f i[fZ WjbWd[_W‘fS^ daaX SUUW^WdSf[a‘e’ KZW VS_SYW bSffWd‘e aTeWdhWV S‘S^kf[US^^k SXfWd WhWdk eZaU] iWdW S^_aef e[_[^Sd fa fZSf aX WjbWd[_W‘fS^ aTeWdhSf[a‘e’ 5DVUMPCQ 8d[U] _Sea‘dk Tg[^V[‘Y ! =[‘[fW W^W_W‘f _aVW^ ! ;k‘S_[U S‘S^ke[e ! JZaU] ^aSV[‘Y ! <jbWd[_W‘fS^ VSfS $ 3LRPMCSBRHML DSea‘dk [e _S[‘^k S Ua_bae[fW% S‘[eafdab[U S‘V S ‘a‘&Za_aYW‘Wage _SfWd[S^’ KZW Td[U]iad] [e S Ua_T[‘Sf[a‘ aX Td[U]e S‘V _adfSd \a[‘fe’ KZW dWeba‘eW aX _Sea‘dk egT\WUfWV fa ^aSV[‘Y VWbW‘Ve a‘ fZW bdabWdf[We aX [fe Td[U]% _adfSd S‘V fZW[d [‘fWdSUf[a‘’ =gdfZWd% fZW dWeba‘eW aX _Sea‘dk VWbW‘Ve a‘ fZW ^Skagf aX Ta‘V S‘V fZW[d [‘fWdSUf[a‘ i[fZ afZWd efdgUfgdS^ _W_TWde’ DaVW^^[‘Y aX _Sea‘dk [e S Z[YZ^k UZS^& ^W‘Y[‘Y bdaUWee’ Ead_S^^k S Z[YZ Ua_bgfSf[a‘ Uaef [e SeeaU[SfWV i[fZ fZW [‘fd[‘e[U Ua_b^Wj[fk aX _Sea‘dk fZSf dWcg[dWe S ^SdYW ‘g_TWd aX VWYdWWe aX XdWWVa_ P.Q% 7’ AaeZgS ;S‘[W^ #"$ ! I’E’ ;gTWk ;WbSdf_W‘f aX <SdfZcgS]W <‘Y[‘WWd[‘Y% @‘V[S‘ @‘ef[fgfW aX KWUZ‘a^aYk% Iaad]WW #@@KI$% Iaad]WW% LffdS]ZS‘V% @‘V[S W&_S[^3 S\aeZVS‘[6Y_S[^’Ua_ I’E’ ;gTWk W&_S[^3 d‘VgTWk1-6Y_S[^’Ua_ # Jbd[‘YWd @‘V[S +)*. M’ DSfeSYSd #WV’$% "’1%,&(. *, $/-0&/0-%+ #,)*,((-*,)% ;F@ *)’*))0(201&1*&,++&+*2,&0R1* *)+0

description

design

Transcript of 1

Page 1: 1

2HLHRD 1JDKDLR =HKSJ@RHML ME 1@PRGOS@ID<DQHQR@LR .PHBI 7@QMLPV .SHJCHLF ?LCDP

=GMBI 6M@CHLF

-" 4MQGS@ 0@LHDJ @LC <"8" 0SADV

-AQRP@BR DaVW^^[`Y S`V S`S^ke[e aX S Td[U] _Sea`dk Tg[^V[`Y [`ha^hWe g`UWdfS[`f[We

^[]W _aVW^^[`Y Seeg_bf[a`e S`V bdabWdf[We aX ^aUS^ _SfWd[S^' KZWdWXadW% [f [e `WUWeeSdk

fa bWdXad_ S US^[TdSf[a` fa WhS^gSfW fZW Vk`S_[U bdabWdf[We aX fZW efdgUfgdW' KZW

dWeba`eW aX fZW !`[fW W^W_W`f _aVW^ [e [_bdahWV% bdWV[Uf[`Y fZW bSdS_WfWd Tk bWd&

Xad_[`Y S ^[`WSd Vk`S_[U S`S^ke[e a` WjbWd[_W`fS^ VSfS Tk Ua_bSd[`Y fZW SUUW^WdS&

f[a`' =gdfZWd% S `a`^[`WSd Vk`S_[U S`S^ke[e iSe S^ea bWdXad_WV Ua_bSd[`Y fZW daaX

SUUW^WdSf[a` S`V VS_SYW bSffWd` aX fZW efdgUfgdW aTfS[`WV S`S^kf[US^^k i[fZ fZW fWef

!`V[`Ye' KZW daaX SUUW^WdSf[a`e aTfS[`WV S`S^kf[US^^k iWdW [` YaaV SYdWW_W`f i[fZ

WjbWd[_W`fS^ daaX SUUW^WdSf[a`e' KZW VS_SYW bSffWd`e aTeWdhWV S`S^kf[US^^k SXfWd

WhWdk eZaU] iWdW S^_aef e[_[^Sd fa fZSf aX WjbWd[_W`fS^ aTeWdhSf[a`e'

5DVUMPCQ 8d[U] _Sea`dk Tg[^V[`Y ! =[`[fW W^W_W`f _aVW^ ! ;k`S_[U S`S^ke[e !

JZaU] ^aSV[`Y ! <jbWd[_W`fS^ VSfS

$ 3LRPMCSBRHML

DSea`dk [e _S[`^k S Ua_bae[fW% S`[eafdab[U S`V S `a`&Za_aYW`Wage _SfWd[S^'

KZW Td[U]iad] [e S Ua_T[`Sf[a` aX Td[U]e S`V _adfSd \a[`fe' KZW dWeba`eW aX

_Sea`dk egT\WUfWV fa ^aSV[`Y VWbW`Ve a` fZW bdabWdf[We aX [fe Td[U]% _adfSd S`V fZW[d

[`fWdSUf[a`' =gdfZWd% fZW dWeba`eW aX _Sea`dk VWbW`Ve a` fZW ^Skagf aX Ta`V S`V fZW[d

[`fWdSUf[a` i[fZ afZWd efdgUfgdS^ _W_TWde' DaVW^^[`Y aX _Sea`dk [e S Z[YZ^k UZS^&

^W`Y[`Y bdaUWee' Ead_S^^k S Z[YZ Ua_bgfSf[a` Uaef [e SeeaU[SfWV i[fZ fZW [`fd[`e[U

Ua_b^Wj[fk aX _Sea`dk fZSf dWcg[dWe S ^SdYW `g_TWd aX VWYdWWe aX XdWWVa_ P.Q%

7' AaeZgS ;S`[W^ #"$ ! I'E' ;gTWk

;WbSdf_W`f aX <SdfZcgS]W <`Y[`WWd[`Y%

@`V[S` @`ef[fgfW aX KWUZ`a^aYk% Iaad]WW #@@KI$% Iaad]WW% LffdS]ZS`V% @`V[S

W&_S[^3 S\aeZVS`[6Y_S[^'Ua_

I'E' ;gTWk

W&_S[^3 d`VgTWk1-6Y_S[^'Ua_

# Jbd[`YWd @`V[S +)*.

M' DSfeSYSd #WV'$% "'1%,&(. *, $/-0&/0-%+ #,)*,((-*,)%

;F@ *)'*))0(201&1*&,++&+*2,&0R1*

*)+0

Page 2: 1

iZ[UZ gegS^^k WjU^gVWe e[_b^[!USf[a`e ^[]W d[Y[V V[SbZdSY_e S`V [VWS^ Ua``WUf[a`e

iZ[UZ [e Sbb^[WV [` _aVW^^[`Y aX afZWd ][`V aX efdgUfgdWe' 7`afZWd dWSea` Xad fZW

Ua_b^Wj[fk [e fZSf fZW _SfWd[S^ Ua`ef[fgf[hW _aVW^e SdW `af iW^^ VW!`WV% WebWU[S^^k [`

fZW `a`&^[`WSd dS`YW'

7e aX `ai% `g_Wd[US^ _aVW^e ZShW _S[`^k TWW` hS^[VSfWV Xad S` [`V[h[VgS^

efdgUfgdS^ Ua_ba`W`f' ?aiWhWd% fZW hS^[VSf[a` aX fZW W`f[dW Tg[^V[`Y [e ef[^^ `af

ShS[^ST^W' ;WhW^ab_W`f aX SVWcgSfW fWUZ`[cgWe% iZ[UZ SgfZW`f[USfW fZW `g_Wd[US^

_aVW^e% US` TW S _S\ad Ua`fd[Tgf[a` fa bdah[VW S baiWdXg^ faa^ fa SeeWee S`V bdWV[Uf

fZW bWdXad_S`UW aX Td[U] _Sea`dk efdgUfgdWe' L`f[^ `ai% a`^k S XWi efgV[We dWXWd fa

fZW S`S^ke[e aX _Sea`dk efdgUfgdWe P*% *-Q' 8SeWV a` fZW bdWh[age ^[fWdSfgdW dWh[Wie

[f iSe dWhWS^WV fZSf fZW _aVg^ge aX W^Sef[U[fk b^Ske S h[fS^ da^W [` dWbdWeW`f[`Y fZW

SUfgS^ WjbWd[_W`fS^ TWZSh[agd aX _Sea`dk' =gdfZWd% fZW _aVg^ge aX W^Sef[U[fk

VWbW`Ve a` afZWd bSdS_WfWde ^[]W iad]_S`eZ[b% cgS^[fk aX Td[U]% cgS^[fk aX fZW

_adfSd% fZ[U]`Wee aX fZW _adfSd \a[`f% S_T[W`f Ua`V[f[a` S`V fkbW aX Ugd[`Y' Ja% Xad

S` WXXWUf[hW S`S^ke[e% bSdS_Wfd[U efgVk a` Oag`Y#e _aVg^ge i[^^ ZShW fa TW USdd[WV

agf' ;gd[`Y UkU^[U ^aSV[`Y fZW _Sea`dk iS^^e i[^^ TW egT\WUfWV fa e[_g^fS`Wage [`&

b^S`W S`V agf&aX&b^S`W ^aSV P*/Q' @`V[h[VgS^ hS^[VSf[a` a` [`&b^S`W TWZSh[agd S`V

agf&aX&b^S`W TWZSh[agd aX fZW _SfWd[S^ Ua`ef[fgf[hW ^Si% Ua`UdWfW VS_SYW b^Sef[U[fk

#9;G$ eZaie fZSf [f i[^^ TW WjfdW_W^k WXXWUf[hW g`VWd Ua_T[`WV ^aSV[`Y eUW`Sd[a'

KZW eS_W Ua`UdWfW VS_SYW b^Sef[U[fk #9;G$ geWV Tk IS[ Wf S^' P*/Q fa efgVk fZW `a`&

^[`WSd TWZSh[agd aX g`&dW[`XadUWV _Sea`dk iS^^e egT\WUfWV fa UkU^[U ^aSV[`Y [e geWV

Xad fZ[e efgVk' =gdfZWd% S `a`^[`WSd Vk`S_[U S`S^ke[e iSe S^ea bWdXad_WV a` fZW

WSdfZcgS]W dWe[efS`f Td[U] _Sea`dk Tg[^V[`Y' KZW bdaT^W_ efSfW_W`f aX fZ[e efgVk

dWcg[dWe fZW Wjb^[U[f fWUZ`[cgW Xad S`S^ke[e' KZ[e Wjb^[U[f fWUZ`[cgW VaWe `af dWcg[dW

S Xg^^k SeeW_T^WV ekefW_#e ef[XX`Wee _Sfd[j4 dSfZWd [f ea^hWe fZW bdaT^W_ ge[`Y fZW

fZWadk aX Vk`S_[U iShW bdabSYSf[a` [` ea^[Ve' 7e [fWdSf[a`e SdW `af bWdXad_WV%

_gUZ e_S^^Wd [`UdW_W`fe aX fZW Sbb^[WV ^aSV SdW dWcg[dWV Xad fZW Wjb^[U[f fWUZ`[cgW

fa bdah[VW SUUWbfST^W dWeg^fe S`V fZge US` e[_g^SfW Z[YZ^k `a`^[`WSd WhW`fe P,Q'

;gTWk P-Q bWdXad_WV S` WjbWd[_W`f a` WSdfZcgS]W dWe[efS`f Td[U] _Sea`dk

Tg[^V[`Y a` eZaU] fST^W XSU[^[fk ShS[^ST^W Sf fZW ;WbSdf_W`f aX <SdfZcgS]W <`Y[&

`WWd[`Y% @@K Iaad]WW' 7 fafS^ aX W[YZf eZaU]e i[fZ [`fW`e[fk hSdk[`Y Xda_ )'., fa

-'.+ Y iWdW Sbb^[WV Sf fZW TSeW aX fZW _aVW^' KZW UaddWeba`V[`Y SUUW^WdSf[a`

aTfS[`WV Sf daaX SXfWd WhWdk eZaU] iSe S^ea dWUadVWV' @` fZ[e efgVk fZW !def eZaU]

S`V [fe UaddWeba`V[`Y daaX SUUW^WdSf[a` SdW TW[`Y Ua`e[VWdWV fa US^[TdSfW aX fZW

_aVW^' NW WjbWUf fZSf fZ[e efgVk i[^^ Ua`fd[TgfW fa fZW [_bdahW_W`f aX US^[TdSf[a`

Xad S`S^ke[e aX fZW Td[U] _Sea`dk Tg[^V[`Y' =gdfZWd% fZW WXXWUf[hW`Wee aX fZ[e US^[&

TdSf[a` i[^^ TW hWd[!WV Tk bWdXad_[`Y S `a`&^[`WSd Vk`S_[U S`S^ke[e a` WSdfZcgS]W

dWe[efS`f Td[U] _Sea`dk Tg[^V[`Y Tk Sbb^k[`Y fZW TSeW eZaU] dWUadVWV Vgd[`Y

WjbWd[_W`fSf[a` S`V Tk Ua_bSd[`Y fZW S`S^kf[US^ daaX SUUW^WdSf[a` S`V VS_SYW

bSffWd` i[fZ fZSf aX fZW fWef !`V[`Ye'

*)+1 7' AaeZgS ;S`[W^ S`V I'E' ;gTWk

Page 3: 1

% 7MCDJ 0DQBPHNRHMLQ

KZW WSdfZcgS]W dWe[efS`f Td[U] _Sea`dk Tg[^V[`Y% Ua`efdgUfWV a` fZW eZaU] fST^W P-Q

iSe fWefWV g`VWd fZW [`UdWSe[`Y [`fW`e[fk aX fZW eZaU] ^aSV[`Y' KZW TSeW SUUW^WdSf[a`

Se iW^^ Se fZW daaX SUUW^WdSf[a` iSe dWUadVWV' KZW b^S` S`V fZW W^WhSf[a` aX fZW

WSdfZcgS]W dWe[efS`f Td[U] _Sea`dk Tg[^V[`Y SdW eZai` [` =[Y' *'

& =RPSBRSP@J 7MCDJJHLF

KZW bZke[US^ _aVW^ Ua`efdgUfWV a` fZW eZaU] fST^W [e _aVW^^WV [` 787HLJ'

DSea`dk i[fZ _adfSd [e _aVW^^WV Se S Za_aYW`Wage _SfWd[S^' KZW iS^^e% daaX S`V

^[`fW^ SdW _aVW^^WV ge[`Y S ea^[V 1&`aVVWV ^[`WSd ZWjSZWVdS^ W^W_W`f i[fZ [`Ua_&

bSf[T^W _aVWe #9,;1@$ P*-Q' K[W Ua`efdS[`e SdW geWV fa Ua``WUf V[XXWdW`f efdgUfgdS^

2HF" $ G^S` S`V W^WhSf[a` aX ZS^X eUS^W WSdfZcgS]W dWe[efS`f Td[U] _Sea`dk _aVW^

2HF" % DWeZWV !`[fW W^W_W`f

_aVW^ aX WSdfZcgS]W dWe[efS`f

Td[U] _Sea`dk Tg[^V[`Y

=[`[fW <^W_W`f J[_g^Sf[a` aX <SdfZcgS]W IWe[efS`f " *)+2

Page 4: 1

_W_TWde' KZW dW[`XadUW_W`f [e _aVW^^WV ge[`Y +&`aVWV% ^[`WSd fdgee W^W_W`f

#K,;+$ S`V [e W_TWVVWV [`e[VW fZW dWebWUf[hW _SfWd[S^ P*+Q' ;[eb^SUW_W`f [e

g`dWefdS[`WV S^a`Y fZW V[dWUf[a` aX eZaU] ^aSV[`Y S`V [e dWefdS[`WV [` S^^ afZWd

V[dWUf[a`e' =[YgdW + eZaie fZW _WeZWV !`[fW W^W_W`f _aVW^ aX WSdfZcgS]W dWe[efS`f

Td[U] _Sea`dk Tg[^V[`Y'

' <DQSJR ML ;@P@KDRPHB =RSCV

DSea`dk% 9a`UdWfW S`V JfWW^ SdW fZW _SfWd[S^e geWV [` fZW _aVW^' ;W`e[fk% Ga[eea`

dSf[a S`V Oag`Y#e _aVg^ge iWdW fZW bdabWdf[We geWV [` fZ[e bSdS_Wfd[U efgVk' @f [e

Seeg_WV fZSf Xad fZW !def eZaU] fZW _SfWd[S^e i[^^ TW i[fZ[` fZW W^Sef[U ^[_[f' Ja% Tk

Sbb^k[`Y fZW eZaU] * Sf fZW TSeW S`V Tk dWfS[`[`Y Ua`efS`f hS^gW Xad S^^ fZW _SfWd[S^e

WjUWbf fZW Oag`Y#e _aVg^ge aX _Sea`dk% fZW daaX SUUW^WdSf[a` aTfS[`WV iSe

Ua_bSdWV i[fZ fZW WjbWd[_W`fS^ daaX SUUW^WdSf[a`' 7 ^[`WSd Vk`S_[U S`S^ke[e iSe

bWdXad_WV S`V KST^W * eZaie fZW VWfS[^ aX bSdS_Wfd[U S`S^ke[e'

( 7@RDPH@J 7MCDJJHLF

KZW eW[e_[U dWeba`eW [e S UkU^[U bdaUWee a` S^^ _SfWd[S^e' KZW UkU^[U ^aSV ZSe fZW

[`#gW`UW a` fZW _SfWd[S^ TWZSh[agd' DSea`dk [e S Td[ff^W _SfWd[S^ i[fZ hWdk ^ai

fW`e[^W efdWee' ;gd[`Y g`[&Sj[S^ Ua_bdWee[a` ad fW`e[a` fWef% _aVg^ge aX W^Sef[U[fk [e

Ua`efS`f gb fa fZW k[W^V' KZW `a`&^[`WSd _SfWd[S^ bdabWdf[We ZW^b [` g`VWdefS`V[`Y

fZW _SfWd[S^ TWZSh[agd TWka`V fZW W^Sef[U dS`YW'

9a`UdWfW% _Sea`dk S`V dWTSd SdW fZW _SfWd[S^e geWV [` fZW SUfgS^ bZke[US^ _aVW^'

KZW _WfS^ b^Sef[U[fk [` 787HLJ [e geWV Xad dWUdWSf[`Y fZW `a`^[`WSd _SfWd[S^

dWeba`eW aX dWTSd P*0Q' KZW 9;G [` 787HLJ [e geWV Xad dWb^[USf[`Y fZW `a`^[`WSd

TWZSh[agd aX Ua`UdWfW P*0% /% *)Q' JS_W Se Ua`UdWfW% _Sea`dk [e S Td[ff^W _SfWd[S^

i[fZ hWdk ^ai fW`e[^W efdW`YfZ' KZWdWXadW% 9;G geWV Xad Ua`UdWfW [e SVabfWV Xad

dWUdWSf[`Y fZW `a`^[`WSd TWZSh[agd aX _Sea`dk'

>@AJD $ ;WfS[^ aX bSdS_Wfd[U S`S^ke[e Xad fZW WSdfZcgS]W dWe[efS`f Td[U] _Sea`dk Tg[^V[`Y

DSfWd[S^ Kd[S^ Oag`Y#e

_aVg^geS8SeW

SUUW^WdSf[a`

<jbWd[_W`fS^ daaX

SUUW^WdSf[a`

7`S^kf[US^ daaX

SUUW^WdSf[a`

E(_+ Y Y Y

DSea`dk * +', % *)2 )'., )'/* )'.0

+ +', % *)2 )'., )'/* )'/)S ;W`e[fk aX Ua`UdWfW 5 +%-)) ]Y(_, 4 Oag`Y#e _aVg^ge aX Ua`UdWfW 5 *'2- % *)*) E(_+ 4 Ga[eea`

dSf[a aX Ua`UdWfW 5 )'+4 ;W`e[fk aX efWW^ 5 0%1.) ]Y(_, 4 Oag`Y#e _aVg^ge aX efWW^ 5 +')) % *)** E(

_+ 4 Ga[eea` dSf[a aX efWW^ 5 )',4 ;W`e[fk aX _Sea`dk 5 *%2+) ]Y(_,4 Ga[eea` dSf[a aX _Sea`dk 5 )'+

*),) 7' AaeZgS ;S`[W^ S`V I'E' ;gTWk

Page 5: 1

&"# +-8657;

KZW Ua_bdWee[hW efdW`YfZ aX _Sea`dk bd[e_ geWV [` fZ[e efgVk [e -'* DGS P**Q' KZW

efdWee&efdS[` UgdhW Xad _Sea`dk [` Ua_bdWee[a` VWhW^abWV ge[`Y fd[&^[`WSd _aVW^

P**Q ZSe TWW` geWV [` fZ[e efgVk' KZW fW`e[^W efdW`YfZ aX _Sea`dk geWV [` fZ[e efgVk

[e )'+1 DGS P*,Q' KZW efdWee&efdS[` UgdhW Xad _Sea`dk [` fW`e[a` geWV Tk 9ZW` Wf S^'

P+Q [e SVabfWV Xad fZ[e _aVW^' =[YgdW , eZaie fZW efdWee efdS[` UgdhW Xad _Sea`dk [`

Ua_bdWee[a` S`V fW`e[a`' KZW afZWd bSdS_WfWde SdW geWV Xad _Sea`dk Tk 9;G SdW

VW`e[fk 5 *%2+) ]Y(_,% _aVg^ge aX W^Sef[U[fk 5 +'1 % *)2 E(_+% Ga[eea`#e

dSf[a 5 )'+% V[^Sf[a` S`Y^W 5 ,)$% #ai bafW`f[S^ WUUW`fd[U[fk 5 )'*% dSf[a aX [`[f[S^

Wcg[&T[Sj[S^ Ua_bdWee[hW k[W^V efdWee fa [`[f[S^ g`[&Sj[S^ Ua_bdWee[hW k[W^V

efdWee 5 *'*/% dSf[a aX eWUa`V efdWee [`hSd[S`f 5 )'//0% h[eUae[fk bSdS_WfWd 5 ) P**Q'

&"$ ,0.-7

KZW efWW^ aX =W +.) YdSVW [e geWV Xad dW[`XadUW_W`f' =[YgdW - eZaie fZW efdWee&efdS[`

YdSbZ Xad dWTSd P*.Q' KZW afZWd bSdS_WfWde geWV Xad efWW^ SdW VW`e[fk 5 0%1.) ]Y(_,%

_aVg^ge aX W^Sef[U[fk 5 + % *)** E(_+% Ga[eea`#e dSf[a 5 )', P2% 2% *.Q'

&"% )65/7090

KZW Ua`UdWfW geWV Xad ^[`fW^ S`V I9 e^ST [e aX YdSVW D*.' KZWdWXadW% fZW UZSdSU&

fWd[ef[U Ua_bdWee[hW efdW`YfZ P1Q Xad D*. YdSVW [e *. DGS' KZW efdWee&efdS[` UgdhW

Xad Ua`UdWfW [` Ua_bdWee[a` [e VWhW^abWV Xda_ S` W_b[d[US^ dW^Sf[a` geWV Tk ?g

Wf S^' P0Q [e SVabfWV Xad fZ[e efgVk' KZW _Sj[_g_ efdWee i[^^ TW dWSUZWV Sf S efdS[`

Sbbdaj[_SfW^k WcgS^ fa )'))+' KZW efdS[` Sf iZ[UZ fZW XS[^gdW aX Ua`UdWfW aUUgde [e

fS]W` Se )')). P*.Q' KZW efdWee&efdS[` UgdhW Xad Ua`UdWfW [` fW`e[a` VWhW^abWV Xda_

S` W_b[d[US^ dW^Sf[a` geWV Tk MWUUZ[a' MWUUZ[a P*1Q [e SVabfWV Xad fZ[e efgVk'

2HF" & JfdWee&efdS[` UgdhW Xad _Sea`dk [` Ua_bdWee[a` S`V fW`e[a`

=[`[fW <^W_W`f J[_g^Sf[a` aX <SdfZcgS]W IWe[efS`f " *),*

Page 6: 1

=^WjgdS^ efdW`YfZ aX Ua`UdWfW [e US^Ug^SfWV TSeWV a` fZW Xad_g^S Y[hW` [` @`V[S`

UaVW aX bdSUf[UW @J3 -./&+))) P1Q' KZW ^[_[f[`Y fW`e[^W efdS[` aX Ua`UdWfW [e )')))*

P*.Q' =[YgdW . eZaie fZW efdWee&efdS[` UgdhW Xad Ua`UdWfW [` Ua_bdWee[a` S`V fW`e[a`'

KZW afZWd bSdS_WfWde geWV Xad Ua`UdWfW Tk 9;G SdW VW`e[fk 5 +%-)) ]Y(_,% _aVg^ge

aX W^Sef[U[fk 5 *'2- % *)*) E(_+% Ga[eea`#e dSf[a 5 )'+% V[^Sf[a` S`Y^W 5 ,1$% #ai

bafW`f[S^ WUUW`fd[U[fk 5 )'*% dSf[a aX [`[f[S^ Wcg[&T[Sj[S^ Ua_bdWee[hW k[W^V efdWee fa

[`[f[S^ g`[&Sj[S^ Ua_bdWee[hW k[W^V efdWee 5 *'*/% dSf[a aX eWUa`V efdWee [`hSd[&

S`f 5 )'//0% h[eUae[fk bSdS_WfWd 5 ) P*)Q'

) 9AQDPT@RHML

KZW WSdfZcgS]W dWe[efS`f Td[U] _Sea`dk Tg[^V[`Y _aVW^^WV [` 787HLJ iSe egT&

\WUfWV fa S YdSVgS^^k [`UdWSe[`Y [`fW`e[fk aX eZaU] ^aSV[`Y S`V S `a`^[`WSd Vk`S_[U

S`S^ke[e iSe bWdXad_WV' ;gd[`Y WjbWd[_W`fSf[a` a` fZW SUfgS^ bZke[US^ _aVW^% S

fafS^ aX W[YZf eZaU]e iWdW TW[`Y Sbb^[WV'

2HF" ' JfdWee&efdS[` UgdhW Xad efWW^

2HF" ( JfdWee&efdS[` UgdhW Xad Ua`UdWfW [` Ua_bdWee[a` S`V fW`e[a`

*),+ 7' AaeZgS ;S`[W^ S`V I'E' ;gTWk

Page 7: 1

'"# (//0307-9265

KZW SUUW^WdSf[a` dWUadVWV Sf fZW TSeW Vgd[`Y SUfgS^ bZke[US^ fWef[`Y [e Sbb^[WV Sf fZW

TSeW aX fZW S`S^kf[US^ _aVW^' KZW daaX SUUW^WdSf[a` fZge aTfS[`WV [e Ua_bSdWV i[fZ

fZW WjbWd[_W`fS^ daaX SUUW^WdSf[a`' =[YgdWe /% 0% 1% 2% *)% **% *+% S`V *, eZai fZW

Ua_bSd[ea` aX TSeW SUUW^WdSf[a` Sbb^[WV Sf fZW TSeW aX fZW _aVW^ dWUadVWV Vgd[`Y

WjbWd[_W`f% i[fZ fZW UaddWeba`V[`Y S`S^kf[US^^k aTfS[`WV daaX SUUW^WdSf[a`' KST^W +

eZaie fZW TSeW SUUW^WdSf[a` aX WSUZ eZaU] i[fZ UaddWeba`V[`Y WjbWd[_W`fS^ Se iW^^

Se S`S^kf[US^ daaX SUUW^WdSf[a`'

'"$ *-4-10

;gd[`Y fZW WjbWd[_W`f% fZW eZaU] iSe Sbb^[WV S^a`Y WSef iWef V[dWUf[a`' KZW eS_W

[e TW[`Y e[_g^SfWV S`S^kf[US^^k% S`V [f iSe aTeWdhWV fZSf g`f[^ fZ[dV eZaU]% fZWdW iSe

`a h[e[T^W VS_SYW a` _Sea`dk _aVW^' KZW eS_W e[fgSf[a` ZSe S^ea TWW` aTeWdhWV

2HF" * @`bgf SUUW^WdSf[a` Sf TSeW S`V Wef[_SfWV dWeba`eW Sf daaX aX eZaU] +

2HF" ) @`bgf SUUW^WdSf[a` Sf TSeW S`V Wef[_SfWV dWeba`eW Sf daaX aX eZaU] *

=[`[fW <^W_W`f J[_g^Sf[a` aX <SdfZcgS]W IWe[efS`f " *),,

Page 8: 1

Vgd[`Y WjbWd[_W`fSf[a`' =[YgdW *- eZaie fZW _[`ad VS_SYW fa fZW eagfZ eZWSd iS^^

SXfWd e[jfZ eZaU]' =[YgdW *. eZaie fZW VS_SYW aX `adfZ eagfZ eZWSd iS^^ SXfWd

eWhW`fZ eZaU]' =[YgdW */ eZaie fZW VS_SYWe [` fZW `adfZ eZWSd iS^^ SXfWd W[YZfZ

2HF" + @`bgf SUUW^WdSf[a` Sf TSeW S`V Wef[_SfWV dWeba`eW Sf daaX aX eZaU] ,

2HF" , @`bgf SUUW^WdSf[a` Sf TSeW S`V Wef[_SfWV dWeba`eW Sf daaX aX eZaU] -

2HF" $# @`bgf SUUW^WdSf[a` Sf TSeW S`V Wef[_SfWV dWeba`eW Sf daaX aX eZaU] .

*),- 7' AaeZgS ;S`[W^ S`V I'E' ;gTWk

Page 9: 1

eZaU]' KZW WSdfZcgS]W dWe[efS`f Td[U] _Sea`dk _aVW^ i[fZefaaV S^^ fZW W[YZf eZaU]'

KZW VS_SYW bSffWd` aTfS[`WV S`S^kf[US^^k iWdW cg[Wf e[_[^Sd fa fZSf aX fZW

WjbWd[_W`f'

2HF" $$ @`bgf SUUW^WdSf[a` Sf TSeW S`V Wef[_SfWV dWeba`eW Sf daaX aX eZaU] /

2HF" $% @`bgf SUUW^WdSf[a` Sf TSeW S`V Wef[_SfWV dWeba`eW Sf daaX aX eZaU] 0

2HF" $& @`bgf SUUW^WdSf[a` Sf TSeW S`V Wef[_SfWV dWeba`eW Sf daaX aX eZaU] 1

=[`[fW <^W_W`f J[_g^Sf[a` aX <SdfZcgS]W IWe[efS`f " *),.

Page 10: 1

>@AJD % 9a_bSd[ea` aX daaX SUUW^WdSf[a` Xad WSdfZcgS]W dWe[efS`f _aVW^

JZaU] 8SeW SUUW^WdSf[a` <jbWd[_W`fS^ daaX

SUUW^WdSf[a`

7`S^kf[US^ daaX

SUUW^WdSf[a`

CaSV[`Y

bg^eW #Y$

IWTag`V

bg^eW #Y$

CaSV[`Y

bg^eW #Y$

IWTag`V

bg^eW #Y$

CaSV[`Y

bg^eW #Y$

IWTag`V

bg^eW #Y$

JZaU] * )'., " )'/* " )'/) "

JZaU] + )'11 " *')2 " *'). "

JZaU] , *'*1 *'). *'.. *'), *'.* )'22

JZaU] - *'-. *'.* *'11 *'-- *'1* *',.

JZaU] . *'2, *'/+ +')+ *'1- *'1, *'0.

JZaU] / +'0, +'*1 +'2) +'/+ +'0) +'.*

JZaU] 0 ,',1 ,',. ,'1. ,'/+ ,'.. ,'-+

JZaU] 1 -'.+ -'). -'.2 -'*- -'.) ,'02

2HF" $' 9a_bSd[ea` aX WjbWd[_W`fS^ S`V S`S^kf[US^ VS_SYW aX eagfZ eZWSd iS^^ SXfWd eZaU] /

2HF" $( 9a_bSd[ea` aX WjbWd[_W`fS^ S`V S`S^kf[US^ VS_SYW aX eagfZ eZWSd iS^^ SXfWd eZaU] 0

*),/ 7' AaeZgS ;S`[W^ S`V I'E' ;gTWk

Page 11: 1

* /MLBJSQHML

KZW _aVW^^[`Y S`V S`S^ke[e aX Td[U] _Sea`dk Tg[^V[`Y [`ha^hWe g`UWdfS[`f[We ^[]W

_aVW^^[`Y Seeg_bf[a`e S`V fZW bdabWdf[We aX ^aUS^ _SfWd[S^' KZW bdabWdf[We aX ^aUS^

_SfWd[S^ [`U^gVW `g_Wdage afZWd bSdS_WfWde ^[]W iad]_S`eZ[b% cgS^[fk aX Td[U]%

cgS^[fk aX fZW _adfSd% fZ[U]`Wee aX fZW _adfSd \a[`f% S_T[W`f Ua`V[f[a` S`V fkbW aX

Ugd[`Y' Ka ahWdUa_W fZWeW g`UWdfS[`f[We S bSdS_Wfd[U efgVk iSe bWdXad_WV fa

Wef[_SfW fZW Vk`S_[U bdabWdfk Ua_bSd[`Y fZW SUUW^WdSf[a` aX fZW !def eZaU]' =gdfZWd

S `a`^[`WSd Vk`S_[U S`S^ke[e iSe bWdXad_WV Ua_bSd[`Y fZW daaX SUUW^WdSf[a` S`V

VS_SYW bSffWd` aX fZW efdgUfgdW aTfS[`WV S`S^kf[US^^k i[fZ fZW WjbWd[_W`fS^

aTeWdhSf[a`' KZW Ua`U^ge[a` VdSi` Xda_ fZW STahW efgVk SdW eg__Sd[lWV TW^ai

# KZW daaX SUUW^WdSf[a`e aTfS[`WV S`S^kf[US^^k iWdW [` YaaV SYdWW_W`f i[fZ

WjbWd[_W`fS^ daaX SUUW^WdSf[a`e' KZW hSd[Sf[a` [` fZW daaX SUUW^WdSf[a`e [e `WSd^k

*, "'

# Ea VS_SYW iSe aTeWdhWV TafZ [` S`S^kf[US^ _aVW^ Se iW^^ Se Vgd[`Y WjbWd[&

_W`fSf[a` f[^^ !XfZ eZaU]'

# KZW UdSU] bdabSYSf[a` S`V fZW VS_SYW bSffWd` aTeWdhWV S`S^kf[US^^k [` WSdfZ&

cgS]W dWe[efS`f Td[U] _Sea`dk _aVW^ SXfWd WhWdk eZaU] iWdW S^_aef e[_[^Sd fa

fZSf aX WjbWd[_W`fS^ aTeWdhSf[a`'

<DEDPDLBDQ

*' 9ZShWl D% DW^[ I #+)**$ JZS][`Y fST^W fWef[`Y S`V `g_Wd[US^ e[_g^Sf[a` aX fZW eW[e_[U

dWeba`eW aX S fkb[US^ DWj[US` Ua^a`[S^ fW_b^W' <SdfZc <`Y JfdgUf ;k` -*3+,,"+.,

+' 9ZW` O% 7eZagd 7=% >Sddd[fk JN #+))1$ Da_W`f(fZdgef [`fWdSUf[a` V[SYdS_e Xad dW[`XadUWV

_Sea`dk eWUf[a`e' 9a`efd 8g[^V DSfWd ++30/,"00)

,' ;ZS`SeW]Sd D% ?S[VWd N #+))0$ <jb^[U[f !`[fW W^W_W`f S`S^ke[e aX ^[YZf^k dW[`XadUWV _Sea`dk

eZWSd iS^^' 9a_bgf JfdgUf 1/3*."+/

2HF" $) 9a_bSd[ea` aX WjbWd[_W`fS^ S`V S`S^kf[US^ VS_SYW aX eagfZ eZWSd iS^^ SXfWd eZaU] 1

=[`[fW <^W_W`f J[_g^Sf[a` aX <SdfZcgS]W IWe[efS`f " *),0

Page 12: 1

-' ;gTWk I #+)**$ <jbWd[_W`fS^ efgV[We fa hWd[Xk fZW WX!USUk aX WSdfZcgS]W dWe[efS`UW _WSegdW

[` _Sea`dk efdgUfgdWe' GZ' ;' fZWe[e% <SdfZcgS]W <`Y[`WWd[`Y ;Wbf% @`V[S` @`ef[fgfW aX

KWUZ`a^aYk Iaad]WW% Iaad]WW% @`V[S

.' >[adVS`a 7% DW^W <% ;W CgUS 7 #+))+$ DaVW^^[`Y aX Z[efad[US^ _Sea`dk efdgUfgdWe3

Ua_bSd[ea` aX V[XXWdW`f SbbdaSUZWe fZdagYZ S USeW efgVk' <`Y JfdgUf +-3*).0"*)/2

/' >dWUUZ[ > #+)*)$ DSfWd[S^ S`V efdgUfgdS^ TWZSh[ad aX _Sea`dk3 e[_g^Sf[a` i[fZ S Ua__WdU[S^

UaVW' CSgdWS KZWe[e% L`[hWde[fk aX GSh[S% Ca_TSdVk% @fS^k

0' ?g K?% C[` =D% AS` OO #+))-$ Ea`^[`WSd !`[fW W^W_W`f S`S^ke[e aX dW[`XadUWV Ua`UdWfW

TWS_e efdW`YfZW`WV Tk !TWd&dW[`XadUWV b^Sef[Ue' 9a_bae JfdgUf /,3+0*"+1*

1' @J3 -./ #+)))$ G^S[` S`V dW[`XadUWV Ua`UdWfW$UaVW aX bdSUf[UW' 8gdWSg aX @`V[S` JfS`VSdV%

EWi ;W^Z[% @`V[S

2' @J3 10. #GSdf *$ #*210$ 9aVW aX bdSUf[UW Xad VWe[Y` ^aSVe #afZWd fZS` WSdfZcgS]W$ Xad Tg[^V[`Y

S`V efdgUfgdWe' 8gdWSg aX @`V[S` JfS`VSdV% EWi ;W^Z[% @`V[S

*)' AS`]ai[S] K% CaVkYaie][ K #+)).$ @VW`f[!USf[a` aX bSdS_WfWde aX Ua`UdWfW VS_SYW b^Sef[U[fk

Ua`ef[fgf[hW _aVW^' =ag`V 9[h[^ <`h[da` <`Y /3.,"/2

**' BSgeZ[] ?8% IS[ ;9% AS[` JB #+))0$ JfdWee&efdS[` UZSdSUfWd[ef[Ue aX U^Sk Td[U] _Sea`dk g`VWd

g`[Sj[S^ Ua_bdWee[a`' A JfdgUf <`Y 7J9< *230+1"0,2

*+' CWW ?B% B[` 8I% ?S JB #+))0$ Eg_Wd[US^ WhS^gSf[a` aX eZWSd efdW`YfZW`[`Y bWdXad_S`UW aX

9=IG eZWWfe(efd[be S`V ebdSkWV Wbajk UaSf[`Y dWbS[d ekefW_e' 9a_bae GSdf 83 <`Y

,231.*"1/+

*,' ESfWYZ[ 7=% 7^W_[ = #+))1$ <jbWd[_W`fS^ efgVk aX eW[e_[U TWZSh[agd aX fkb[US^ @dS`[S` LID

Td[U] iS^^e' @`3 KZW *-fZ iad^V Ua`XWdW`UW a` WSdfZcgS]W W`Y[`WWd[`Y% 8W[\[`Y% 9Z[`S

*-' FkSdla&MWdS 9% 7TVg^ ISlS] 7B% 9Zagi E #+))2$ DaVS^ fWef[`Y aX S` g`dW[`XadUWV _Sea`dk

ZageW' @`3 @`fWd`Sf[a`S^ abWdSf[a`S^ _aVS^ S`S^ke[e Ua`XWdW`UW% Gadfa`aha% 7`Ua`S% @fS^k

*.' G[^^S[ JL% DW`a` ; #+)*)$ IW[`XadUWV Ua`UdWfW VWe[Y`' KSfS DU>dSi&?[^^ <VgUSf[a` Gd[hSfW

C[_[fWV% EWi ;W^Z[

*/' IS[ ;9% 7Y`[Zafd[ G% J[`YZS^% M #+)**$ Fgf&aX&b^S`W efdW`YfZ aX VS_SYWV g`dW[`XadUWV

_Sea`dk iS^^e' @`3 *+fZ EadfZ 7_Wd[US` _Sea`dk Ua`XWdW`UW% D[``WSba^[e% D[``WeafS% LJ7

*0' J[_g^[S #+)**$ 7TScge(97< geWd#e _S`gS^' Gdah[VW`UW% I@

*1' MWUUZ[a =A #*22)$ IW[`XadUWV Ua`UdWfW _W_TdS`W W^W_W`f Xad_g^Sf[a`' A JfdgUf <`Y% 7J9<

**/30,)"0.)

*),1 7' AaeZgS ;S`[W^ S`V I'E' ;gTWk