• Aucun résultat trouvé

!"#$!%&#’&(#)&*#+&(#)&,&-.(’$!%/&-0’+1#%2)$!& 34#1.+#/2.%&!/&*+.(!-’+!)&-035.4’/2.%&

N/A
N/A
Protected

Academic year: 2022

Partager "!"#$!%&#’&(#)&*#+&(#)&,&-.(’$!%/&-0’+1#%2)$!& 34#1.+#/2.%&!/&*+.(!-’+!)&-035.4’/2.%&"

Copied!
12
0
0

Texte intégral

(1)

!"#$!%&#'&(#)&*#+&(#)&,&-.('$!%/&-0'+1#%2)$!&

34#1.+#/2.%&!/&*+.(!-'+!)&-035.4'/2.%&

!"# $%&'()*+&"# *#,-,# .%/0(# 1%(&# 2%(3# *+4"&#4*/3# )*# -&*/3'+33+%/#4"3# +/$%&'*-+%/3# /,."33*+&"3# 5#

)6"7*'"/#*(#.*3#1*&#.*3#4"#2%-&"#1&%8"-#4"#4%.('"/-#46(&9*/+3'"#-"))"3#:("#'"/-+%//,"3#5#)6*&-+.)"#

;<=>?@=#4(#.%4"#4"#)6(&9*/+3'"A#B)#1"(-#C-&"#(-+)+3,#1%(&#)6"/3"'9)"#4"3#1&%.,4(&"3#.%/."&/,"3#

1*&# )6"7*'"/# *(# .*3# 1*&# .*3#D# ,)*9%&*-+%/E# &,2+3+%/E# '%4+$+.*-+%/# %(# 4,.)*&*-+%/# 4"# 1&%8"-A# F"3#

&,1%/3"3# 5#*11%&-"&# 4%+2"/-# C-&"# *4*1-,"3# "/# $%/.-+%/# 4"# )*# /*-(&"# 4"# 2%-&"# 1&%8"-E# 5# 1*&-+&# 4"3#

.%//*+33*/."3#4%/-#2%(3#4+31%3"GA#

H/#*11)+.*-+%/#4"#)6*&-+.)"#;<II?<J#BB#4(#.%4"#4"#)6"/2+&%//"'"/-E#."3#+/$%&'*-+%/3#3%/-#'+3"3#"/#

)+K/"#3(&#/%-&"#3+-"#+/-"&/"-A#

!"# $%&'()*+&"# ,%+-# .-&"# *//%'0*123# ,"# -%(4# )"4# ,%/('"2-4# 5(4-+$+/*-+$4# 0"&'"--*2-# 6#

)7*(-%&+-3# "28+&%22"'"2-*)"# ,"# /%'0&"2,&"# 8%-&"# 0&%5"-9# ,"# /%22*:-&"# 4%2# "28+&%22"'"2-#

;('*+2# "-# 2*-(&")# "-# ,738*)("&# )"4# "25"(<# "28+&%22"'"2-*(<# =0&%5"-# ,"# &>1)"'"2-# "-# ,"#

?%2*1"9#0&%5"-#,7@AB9CD9#6##-&*24'"--&"#"2#*22"<"E#

#

F"3#)+"/3#B/-"&/"-#3%/-#4%//,3#5#-+-&"#+/4+.*-+$

!

67&289:9;<=&>?&@A9B?&CBAD?9&?9&EA8&=9F9&>0F@F8G?H?89&

!

"#"!$%&'%()&%*%&+'!),&,-./0!

1/%22%!3-45,6/-%!'4/7.(+%89:4/'!-,.2('%-!;! 1/%22%<'=! %'+! <'4&+=! 2.! <2%'=! 54**/&%<'=! 54&5%-&,%<'=! 3.-! :4+-%!

3-4>%+!;!

?.! 3-,'%&+%! 6%*.&6%! 6@%0.*%&! ./! 5.'! 3.-! 5.'!

54&5%-&%! 2.! *46(A(5.+(4&! '(*32(A(,%! &BC! 6/! D2.&!

?45.2! 6@E-F.&('*%! <D?E=! 6%! 2.! 54**/&%! 6%!

GHIJK!LMHJ!N@HE?DG#!

!

?%!3-4>%+!6%!*46(A(5.+(4&!'(*32(A(,%!&BC!6/!D?E!6%!G.(&+9L%.&96@H/23'!

54&5%-&%!2.!54**/&%!6%!G.(&+9L%.&96@H/23'#!

!

!

!

!

"#C!M&!5.'!6@,2.F4-.+(4&!4/!6%!-,:('(4&!),&,-.2%!6%!D?E!4/!D?E(!O!

?%!5.'!,57,.&+P!Q/%22%!%'+!2.!6.+%!6%!6,F.+!6%!

:4+-%!DHNN!;!

!

N%! *R*%P! 54&&.(''%89:4/'! 2.! 6.+%!

3-,:('(4&&%22%!6%!2@.--R+!6%!:4+-%!3-4>%+!;!

!

!

I7&(AAB>A88=?E&

!

C#"!I6%&+(A(5.+(4&!6%!2.!3%-'4&&%!3/F2(Q/%!-%'34&'.F2%!

1/(! %'+! 2.! 3%-'4&&%! 3/F2(Q/%!

-%'34&'.F2%!;!

?.!3%-'4&&%!3/F2(Q/%!-%'34&'.F2%!%'+!S*%!2.!D-,'(6%&+%!6%!2.!T4**/&./+,!6%!

T4**/&%'!6/!U./+9T7.F2.('!<TTUT=!

!

T44-64&&,%'!34/-!2%'!

,57.&)%'!.6*(&('+-.+(A'!O!

.6-%''%P!+,2,374&%P!54/--(%2!;!

S.6.*%!L.5Q/%2(&%!VH$IJ!W!D-,'(6%&+%!6%!2.!TTUT!

$4/+%!6%!2@M)2('%!W!XY!YZ[!?M!\I]K!

!

T4/--(%2!6/!'%-:(5%!/-F.&('*%!O!

6(-%5+(4&9!/-F.&('*%^7./+57.F2.('#A-!

K%2!O![Y!_[!`Y!a`!"_!

!

J\!O!b4/'!(&6(Q/%-%8!,).2%*%&+!%&!.&&%0%!"!2%'!544-64&&,%'!6@/&%!3%-'4&&%!-%''4/-5%!Q/%!&4/'!

34/--4&'!>4(&6-%!%&!5.'!6%!Q/%'+(4&'!'/-!:4+-%!64''(%-#!T%'!544-64&&,%'!&%!'4&+!3.'!6(AA/',%'!'/-!

&4+-%!'(+%!(&+%-&%+#!

!

(2)

N$MH?!H/:%-)&%9$7c&%9H23%'9!! T.&%:.'!6@%0.*%&!./!5.'!3.-!5.'!d!N45/*%&+!6@/-F.&('*%! Cd"Z!

b%-'(4&!e,:-(%-!C["`!

J7&(FBFG9=B:E9:K;?E&L=8=BF<?E&>?&@A9B?&CBAD?9&

!

Z#"!b4+-%!+%--(+4(-%!%'+9(2!.5+/%22%*%&+!54/:%-+!3.-!/&!GT4K!;!

]/(! !

?%!GT4K!6/!T7.F2.('P!.5+/%22%*%&+!%&!54/-'!6%!-,:('(4&P!%'+!.332(5.F2%!'/-!2.!54**/&%!6%!G.(&+9L%.&9 6@H/23'#!

!

!

Z#C!b4+-%!+%--(+4(-%!%'+9(2!.5+/%22%*%&+!54/:%-+!3.-!/&!D?E!4/!/&%!5.-+%!54**/&.2%!;!

]/(! !

?.! 54**/&%! 6%! G.(&+9L%.&96@H/23'! 6('34'%! 6@/&! D?EP! .332(5.F2%! 6%3/('! 2%! f! A,:-(%-! C["aP! Q/(! .! A.(+!

2@4F>%+!6@/&%!,:.2/.+(4&!%&:(-4&&%*%&+.2%#!

!

T%++%! 3-45,6/-%! .! 34/-! 4F>%5+(A! 6@.6.3+%-! 2%'! -g)2%*%&+'! ,5-(+! %+! )-.37(Q/%! .A(&! 6%! 3%-*%++-%! 2.!

-,.2('.+(4&!6@/&%!54&'+-/5+(4&!h!/'.)%!.)-(542%!%&!84&%!&.+/-%22%#!

!

!

Z#Z!1/%22%'!'4&+!2%'!5.-.5+,-('+(Q/%'!),&,-.2%'!6%!:4+-%!+%--(+4(-%!;!

H/! 6%-&(%-! -%5%&'%*%&+!

),&,-.2P!Q/%2!%'+!2%!&4*F-%!

6@7.F(+.&+'! <64&&,%'!

IJGMM=!;!

?.!343/2.+(4&!+4+.2%!%'+!6%!"CY"!7.F(+.&+'!./!-%5%&'%*%&+!6%!2.!343/2.+(4&!C["_#

!

1/%22%! %'+! 2.! '/3%-A(5(%! 6%!

:4+-%! 4/! 6%! :4'!

54**/&%' ;!

?.!'/3%-A(5(%!54**/&.2%!%'+!6@%&:(-4&!Y[P"f!i*C#

!

N.&'! 2%! 5.6-%! 6@/&%!

3-45,6/-%! 6@,:42/+(4&P!

Q/%22%! %'+! 2.! '/3%-A(5(%! 6/!

+%--(+4(-%! 54&5%-&,%! 3.-!

:4+-%!3-4>%+!;!

?.!*46(A(5.+(4&!'(*32(A(,%!54&5%-&%!/&%!'/3%-A(5(%!6%!2.!54**/&%!6@%&:(-4&!CY[[!*C!34/-!

5%!Q/(!54&5%-&%!2@,:42/+(4&!6/!645/*%&+!)-.37(Q/%#

!

G(!2%!+%--(+4(-%!6('34'%!6,>h!

6@/&! 645/*%&+!

6@/-F.&('*%P! (&6(Q/%8! 2.!

-,3.-+(+(4&! .5+/%22%! 6%'!

84&%'! /-F.(&%'P! h!

/-F.&('%-! %+! &4&!

/-F.&(',%'! %&! 6('+(&)/.&+P!

34/-! 2%'! D]G! %+! D?EP! 2%'!

84&%'! .)-(542%'! %+!

&.+/-%22%'#!

A22"<"# 6# 5%+2,&"D#

4%.('"/-# K&*1L+:("# 4(#

1)*/# "/# 2+K("(&# %(# 4(#

1&%8"-

#

!

! #

!

Z#Y!1/%22%'!'4&+!2%'!)-.&6%'!4-(%&+.+(4&'!6@.*,&.)%*%&+!6%!:4+-%!645/*%&+!6@/-F.&('*%!;!

A22"<"#6#5%+2,&"#D#1%(&#(/"#,)*9%&*-+%/#%(#(/"#&,2+3+%/#K,/,&*)"#4"#MFN#.%''(/*)#%(#+/-"&.%''(/*)E#8%+/4&"#2%-&"#1&%8"-#4"#MOPP#

4,9*--(# 1*&# )"# .%/3"+)# '(/+.+1*)# %(# )6%&K*/"# 4,)+9,&*/-# 4"# )6HM!B# Q,-*9)+33"'"/-# 1(9)+.# 4"# .%%1,&*-+%/# +/-"&.%''(/*)"R#S# 1%(&# )"3#

*(-&"3#1&%.,4(&"3#46,2%)(-+%/E#8%+/4&"#)"3#4%.('"/-3#4(#MFN#*11&%(2,#QMOPPE#G%/*K"E#&TK)"'"/-AAAR

4?& *BAD?9& >0#H=8FL?H?89& ?9& >?& -=@?<ACC?H?89& -;BFM<?E& N*#--O& >;& *4'! .! 6,A(&(! 6%'! 4-(%&+.+(4&'! ),&,-.2%'!

6j/-F.&('*%P!6,52(&,%'!h!3.-+(-!6%'!+-4('&4-(%&+.+(4&'!*.>%/-%'!'/(:.&+%'!O!

"9! S.(&+%&(-!/&%!:(%!%+!/&%!547,'(4&!'45(.2%'P!k!(&+,)-.&+!2%'!*/+.+(4&'!6,*4)-.37(Q/%'!%+!2%'!F%'4(&'!6%!2.!343/2.9 +(4&!O!!

9! "#!b%(22%-!h!/&!6,:%2433%*%&+!6,*4)-.37(Q/%!%+!/-F.(&!*.l+-(',P!Q/(!3%-*%++%!/&%!(&+,)-.+(4&!m'45(.2%m!3-4)-%'9 '(:%!6%'!&4/:%./0!7.F(+.&+'P!%+!Q/(!'4(+!.6.3+,!./!&(:%./!6j,Q/(3%*%&+'!.5+/%2!%+!A/+/-!3-4>%+,#!

9! C#!D4/-'/(:-%!%+!-%&A4-5%-!2.!&,5%''.(-%!6(:%-'(A(5.+(4&!6%!2@4AA-%!%&!24)%*%&+!'/-!2.!54**/&%!./!3-4A(+!6/!-%&A4-9 5%*%&+!6%!2.!343/2.+(4&!3%-*.&%&+%!%+!6/!-,,Q/(2(F-.)%!'45(.2!%+!),&,-.+(4&&%2!6%!5%22%95(#!!

9! Z#!T4&A4-+%-!2%!F4/-)95%&+-%!6.&'!2.!*(0(+,!%+!2.!6(:%-'(+,!6%!'%'!A4&5+(4&'P!34/-!'4&!-c2%!6%!3c2%!'+-/5+/-.&+!6%!2.!

:.22,%!6@H/23'!./!'%(&!6%!2@.-*.+/-%!/-F.(&%!6/!T7.F2.('#!

9! Y#! $%&A4-5%-! 2%! 2(%&! %&+-%! 342(+(Q/%! /-F.(&%! %+! 342(+(Q/%! 6%'! +-.&'34-+'! ./! -%).-6! 6%'! %&>%/0! 6%! 2.! *4F(2(+,! 6%!

6%*.(&P!%+!.*,2(4-%-!2%'!54&6(+(4&'!%+!2.!6(:%-'(A(5.+(4&!6%'!*46%'!6%!6,32.5%*%&+'!'/-!2.!54**/&%#!!

(3)

N$MH?!H/:%-)&%9$7c&%9H23%'9!! T.&%:.'!6@%0.*%&!./!5.'!3.-!5.'!d!N45/*%&+!6@/-F.&('*%! ! Zd"Z!

b%-'(4&!e,:-(%-!C["`!

Z#Y!1/%22%'!'4&+!2%'!)-.&6%'!4-(%&+.+(4&'!6@.*,&.)%*%&+!6%!:4+-%!645/*%&+!6@/-F.&('*%!;!

C9! H''/-%-!/&%!*%(22%/-%!)%'+(4&!6%'!-%''4/-5%'!%+!6%!&4+-%!m5.3(+.2m!&.+/-%2!%+!5/2+/-%2!*4&+.)&.-6P!A.5+%/-!6%!Q/.2(+,!

6%!:(%!%+!6@.++-.5+(:(+,!O!!

9! "#!I6%&+(A(%-P!3-,'%-:%-!%+!*(%/0!),-%-!&4'!-%''4/-5%'!%+!&4'!%'3.5%'P!&.+/-%2'!%+!.)-(542%'P!.(&'(!Q/%!2%'!54&+(9

&//*'!,5424)(Q/%'P!A.5+%/-'!6%!F(46(:%-'(+,!%+!6%!Q/.2(+,!6/!5.6-%!:(%#!

9! C#!D-4*4/:4(-!/&!6,:%2433%*%&+!6%!2@/-F.&('.+(4&!*.l+-(',!%+!6%!Q/.2(+,P!%&!A.:%/-!6@/&%!:.24-('.+(4&!6/!3.n'.)%!

54**/&.2!m7.F(+,m#!

9! Z#!e.:4-('%-!/&!6,:%2433%*%&+!/-F.(&!6/-.F2%!3.-!2.!-,6/5+(4&!6%!'4&!%*3-%(&+%!,5424)(Q/%!%+!2.!3-('%!%&!54*3+%!

6%'!-('Q/%'#!!

Z9! G4/+%&(-!/&!6,:%2433%*%&+!,54&4*(Q/%!:.24-('.&+!k!'j.33/n.&+!'/-!2%'!m3(2(%-'m!6%!2j,54&4*(%!+-.6(+(4&&%22%!6%!2.!

:.22,%P!%+!54&+-(F/.&+!h!2.!6n&.*(Q/%!%+!h!2.!3-4*4+(4&!6/!+%--(+4(-%!<.)-(5/2+/-%d3.'+4-.2('*%P!'n2:(5/2+/-%P!.-+('.&.+P!

+4/-('*%=#!

9! "#!D-,'%-:%-!2j.:%&(-!6j/&%!.)-(5/2+/-%!6%!Q/.2(+,P!%+!2.!'4/+%&(-!6.&'!'%'!A4&5+(4&'!6%!3-46/5+(4&!%+!6j%&+-%+(%&!6%!

&4'!3.n'.)%'!6%!*4&+.)&%P!.A(&!6%!).-6%-!h!2.!:.22,%!m'4&!'%&'!3-%*(%-m#!

9! C#! H554*3.)&%-! 2.! 342(+(Q/%! +4/-('+(Q/%! (&+%-54**/&.2%P! 34/-! /&! .55/%(2! %+! 6%'! .5+(:(+,'! 32/'! 6(:%-'(A(,%'P! %+!

54*32,*%&+.(-%'P! m%&! +4/+%'! '.('4&'m! kA4&6,%! &4+.**%&+! '/-! 2%'! :.2%/-'! 3.+-(*4&(.2%'! <&.+/-%22%'! %+! 5/2+/9 -%22%'=!6/!+%--(+4(-%#!

9! Z#!D-4*4/:4(-!2j%0324(+.+(4&!A4-%'+(g-%!54**%!.5+(:(+,!,54&4*(Q/%!h!3.-+!%&+(g-%P!%+!2%!6,:%2433%*%&+!6%!2.!mA(2(g-%!

F4('mP!54**%!*.+,-(./!6%!54&'+-/5+(4&!%+!'/-+4/+!54**%!'4/-5%!6j,&%-)(%!-%&4/:%2.F2%#!

9! Y#!o/:-%-!34/-!2%!-%&A4-5%*%&+!6%'!A4&5+(4&'!.-+('.&.2%'!%+!+%-+(.(-%'!<54**%-5%'!d!'%-:(5%'=!(&6/(+%'!3.-!2%!'+.+/+!

6%!F4/-)95%&+-%!6%!G+!L%.&!6@H/23'!./!'%(&!6%!2@.-*.+/-%!/-F.(&%!6/!T7.F2.('#!

!

!

Z#_!1/%2'!'4&+!2%'!4F>%5+(A'!6%!:4+-%!3-4>%+!;!N.&'!Q/%2!54&+%0+%!'@(&'5-(+9(2!;!

A22"<"#6#5%+2,&"#D#4,)+9,&*-+%/#"/K*K"*/-#)*#1&%.,4(&"#

T%++%!3-45,6/-%!.!34/-!4F>%5+(A!6@.6.3+%-!2%'!-g)2%*%&+'!,5-(+!%+!)-.37(Q/%!6/!D?E!.A(&!6%!3%-*%++-%!2.!*('%!%&!p/:-%!

6%!54&'+-/5+(4&'!h!6%'+(&.+(4&!6@.5+(:(+,!.)-(542%!./!'%(&!6%!2.!84&%!&.+/-%22%P!%+!6@./+4-('%-!&4+.**%&+!2%!3-4>%+!%032(5(+,!

5(9.3-g'#!

M&!%AA%+P!'/(+%!./!6,3c+!6@/&%!./+4-('.+(4&!6@/-F.&('*%P!(2!%'+!.33.-/!Q/%!2%!6('34'(+(A!-g)2%*%&+.(-%!%&!:()/%/-!&@,+.(+!3.'!

6%'! 32/'! .6.3+,'! '/-! 5%++%! Q/%'+(4&P! %&! -,34&'%! &4+.**%&+! ./0! 4F>%5+(A'! 6/! DHNN!O! q!III#"! D-,'%-:%-! 2@.:%&(-! 6@/&%!

.)-(5/2+/-%!6%!Q/.2(+,P!%+!2.!'4/+%&(-!6.&'!'%'!A4&5+(4&'!6%!3-46/5+(4&!%+!6@%&+-%+(%&!6%!&4'!3.n'.)%'!6%!*4&+.)&%P!.A(&!

6%!).-6%-!h!2.!:.22,%!m'4&!'%&'!3-%*(%-m!rP!%+!&4+.**%&+!q!).-.&+(-!2%'!54&6(+(4&'!6%!3,-%&&(+,!6%!2@.5+(:(+,!.)-(542%!%+!

3.'+4-.2%P! A4&6,%! '/-! /&! *46%! 6@%0324(+.+(4&! %0+%&'(AP! %+! /&%! 3-46/5+(4&! 2.F%22(',%!rP! q!'4/+%&(-! 2%'! .5+(:(+,'! .)-(542%'!

m54*32,*%&+.(-%'m!O!.)-(9+4/-('*%P!:%&+%!6(-%5+%k!

N%!32/'P!2@.-+(52%!$"_"9C_!6/!T46%!6%!2@E-F.&('*%!(&6(Q/%!Q/%!q!3%/:%&+!R+-%!./+4-(',%'!%&!84&%!J!O!

9! "B!?%'!54&'+-/5+(4&'!%+!(&'+.22.+(4&'!&,5%''.(-%'!h!2j%0324(+.+(4&!.)-(542%!%+!A4-%'+(g-%P!4/!./!'+45i.)%!%+!h!2j%&+-%+(%&!

6%!*.+,-(%2!.)-(542%!3.-!2%'!5443,-.+(:%'!6j/+(2('.+(4&!6%!*.+,-(%2!.)-(542%!.)-,,%'!./!+(+-%!6%!2j.-+(52%!?#!_C_9"!6/!546%!

-/-.2!%+!6%!2.!3R57%!*.-(+(*%!s!

9! CB!?%'!54&'+-/5+(4&'P!(&'+.22.+(4&'P!%0+%&'(4&'!4/!.&&%0%'!./0!Ft+(*%&+'!6j7.F(+.+(4&P!57.&)%*%&+'!6%!6%'+(&.+(4&!%+!

.*,&.)%*%&+'!3-,:/'!3.-!2%'!.-+(52%'!?#!"_"9""P!?#!"_"9"C!%+!?#!"_"9"ZP!6.&'!2%'!54&6(+(4&'!A(0,%'!3.-!5%/095(#!r!

!

?%!3-4>%+!.!34/-!F/+!2.!54&'+-/5+(4&!6j/&%!57g:-%-(%!'(+/,%!%&!3.-+(%!'/-!2j%*3-('%!6/!57.2%+!%0('+.&+P!+-g'!%&64**.),P!%+!

(&455/3,!6%3/('!32/'(%/-'!.&&,%'P!'(+/,!h!2j.:.2!6%'!Ft+(*%&+'!%0('+.&+'!'/-!2%!'(+%#!!

?.!54&'+-/5+(4&!%'+!-%3,-,%!./!+(+-%!6/!Ft+(!6@(&+,-R+!3.+-(*4&(.2!%+!.-57(+%5+/-.2!6.&'!2%!D?E#!!

T%3%&6.&+P!./!-%).-6!6%!'4&!,+.+!-,%2!%+!6/!3%/!6%!5.-.5+g-%!.-57(+%5+/-.2!%+!3.+-(*4&(.2!.:,-,P!+.&+!'/-!2.!54&5%3+(4&!6%!

2.! 54&'+-/5+(4&! Q/%! '/-! 2%'! *.+,-(./0! *('! %&! p/:-%P! 5%++%! (6%&+(A(5.+(4&! &@%'+! 3.'! .33-43-(,%P! %+! -%2g:%! 6@/&%! %--%/-!

*.+,-(%22%!6.&'!2%!D?E!%&!:()/%/-!Q/@(2!54&:(%&+!6%!54--()%-#!

G.!-%'+./-.+(4&!,+.&+!(*34''(F2%!54*3+%!+%&/!6%!'.!:,+/'+,P!(2!'%-.!6,*42(!h!2j455.'(4&!6/!3-4>%+P!%+!2%!3-4>%+!&4/:%./!

3-%&6-.!%&!54*3+%!2%'!%&>%/0!6@(&'%-+(4&!6.&'!2@%&:(-4&&%*%&+#!!

!

!

Z#a!b4+-%!3-4>%+!54&5%-&%9+9(2!2.!5-,.+(4&!6@/&%!E&(+,!+4/-('+(Q/%!&4/:%22%!<EKJ=!;!!!

! J4&!

#

#

#

!

!

!

Z#X!b4+-%!3-4>%+!%'+9(2!%&!2(%&!.:%5!6@./+-%'!3-45,6/-%'!;!

! 4/(! ! ?%!5.'!,57,.&+P!3-,5('%8!O!

(4)

N$MH?!H/:%-)&%9$7c&%9H23%'9!! T.&%:.'!6@%0.*%&!./!5.'!3.-!5.'!d!N45/*%&+!6@/-F.&('*%! ! Yd"Z!

b%-'(4&!e,:-(%-!C["`!

G%-.9+9(2!'4/*('!h!6@./+-%<'=!+n3%<'=!6%!3-45,6/-%<'=!

4/!54&'/2+.+(4&<'=!-,)2%*%&+.(-%<'=!O!

#

#

! !

J4&#!! e%-.9+9(2! 2@4F>%+! 6@/&%! %&Q/R+%! 3/F2(Q/%! 54&>4(&+%!

.:%5!/&%!<4/!32/'(%/-'=!./+-%<'=!3-45,6/-%<'=!;!

!

! !

J4&#!

!

!

Z#`!1/%2!%'+!2%!54&+%0+%!6%!:4+-%!3-4>%+!;!M'+9(2!54&5%-&,!3.-k!

! 4/(! !

?%!5.'!,57,.&+P!3-,5('%8!

?%'!6('34'(+(4&'!6%!2.!24(!S4&+.)&%!;!

7++3Odd5.-+4#4F'%-:.+4(-%96%'9

+%--(+4(-%'#)4/:#A-du:v*.3YZs(v84&%w*4&+#84&%w*

4&+s2vA-s8v9XZYZXYPa__"[afP"fa[`YYP"ZffCX[!

#

!

!

!

!

]/(P!'/-!2@%&'%*F2%!6/!+%--(+4(-%!54**/&.2##

?%'! 6('34'(+(4&'! 6%! 2.! 24(! ?(++4-.2! 54&5%-&.&+! 2%'!

)-.&6'!2.5'!<H/:%-)&%!$7c&%9H23%'=!;!

!

7++3Odd5.-+4#4F'%-:.+4(-%96%'9+%--(+4(-%'#)4/:#A-d!

U,)".-+%/#4(#G%/*K"#V#F%+#F+--%&*)#W!

!

! !

J4&#!! E&!<4/!32/'(%/-'=!'57,*.!6(-%5+%/-!

6@.*,&.)%*%&+!%+!6%!)%'+(4&!6%'!%./0!<GNHVM=!

4/!'57,*.!6@.*,&.)%*%&+!%+!6%!)%'+(4&!6%'!%./0!

<GHVM=!;!

!

7++3Oddxxx#)%'+%./#%./A-.&5%#A-d!

!

!

!

!

!

?%! +%--(+4(-%! 54**/&.2! %'+! 54&5%-&,! 3.-! 2%! GNHVM!

$7c&%9S,6(+%--.&,%! <C["a9C[C"=! %+! 2%! 54&+-.+! 6%!

F.''(&!:%-'.&+!6%'!N-.&'%'!%+!M'+!2,*.&(Q/%#!!!

!

H/+-%'!O!

H33.-+%&.&5%! 6%! :4+-%! 54**/&%! h! /&%!

54**/&./+,! 6%! 54**/&%'! 4/! /&! 3.n'P! /&%!

.))24*,-.+(4&P!/&!3.-5!&.+/-%2!-,)(4&.2k!

! !

?.! 54**/&%! 6%! G.(&+9L%.&96@H/23'! .33.-+(%&+! h! 2.!

T4**/&./+,! 6%! T4**/&%'! 6/! U./+9T7.F2.('P! %&!

57.-)%! 6%! 2@,2.F4-.+(4&! 6/! D?E! (&+%-54**/&.2P! %+! ./!

Gn&6(5.+!I&+%-54**/&.2!6@H*,&.)%*%&+!6/!T7.F2.('P!

%&!57.-)%!6%!2.!-,:('(4&!6/!GT]K#!

!

!

Z#f!N.&'!2%!5.6-%!6@/&%!3-45,6/-%!6@,:42/+(4&!34-+.&+!'/-!/&!'%5+%/-!3-,5('!<6,52.-.+(4&!6%!3-4>%+!d!

*46(A(5.+(4&!d!-,:('(4&!.22,),%=P!3-,5('%8!2%!'%5+%/-!54&5%-&,!3.-!2%!3-4>%+!;!

H&&%0%<'=!h!>4(&6-%!O!D2.&!6%!'(+/.+(4&!3%-*%++.&+!6%!245.2('%-!2%!3-4>%+!./!'%(&!6%!2.!54**/&%!y!

32.&!6%!'(+/.+(4&!844*,!'/-!2%!'%5+%/-!3-4>%+!<%0!O!32.&!6%!84&.)%=!y!2%!-g)2%*%&+!.''45(,!h!5%++%!

84&%!

?%!3-4>%+!'/':(',!%'+!2%!'/(:.&+!O!2@(*32.&+.+(4&!6@/&%!54&'+-/5+(4&!h!6%'+(&.+(4&!6@.5+(:(+,!.)-(542%P!%&!'%5+%/-!J'!6/!D?E!

%&!:()/%/-P!'(+/,!./!&(:%./!6/!64*.(&%!'i(.F2%!6%!2.!mV-.&6%!K%-57%m!6.&'!2%!'%5+%/-!6(+!m?%'!KR+%'m!h!3-40(*(+,!6%!2.!

).-%!6j.--(:,%!6%!2.!+,2,5.F(&%!6/!m$45!6jM&A%-m#!!

I2!:.!'%!*%++-%!%&!p/:-%!h!3.-+(-!6@/&%!54&'+-/5+(4&!%0('+.&+%P!64&+!2%'!.F4-6'!&@4&+!3.'!6%!'%&'(F(2(+,!&.+/-%22%!3.-+(5/2(g-%#!!

(5)

N$MH?!H/:%-)&%9$7c&%9H23%'9!! T.&%:.'!6@%0.*%&!./!5.'!3.-!5.'!d!N45/*%&+!6@/-F.&('*%! _d"Z!

b%-'(4&!e,:-(%-!C["`!

Z#f!N.&'!2%!5.6-%!6@/&%!3-45,6/-%!6@,:42/+(4&!34-+.&+!'/-!/&!'%5+%/-!3-,5('!<6,52.-.+(4&!6%!3-4>%+!d!

*46(A(5.+(4&!d!-,:('(4&!.22,),%=P!3-,5('%8!2%!'%5+%/-!54&5%-&,!3.-!2%!3-4>%+!;!

H&&%0%<'=!h!>4(&6-%!O!D2.&!6%!'(+/.+(4&!3%-*%++.&+!6%!245.2('%-!2%!3-4>%+!./!'%(&!6%!2.!54**/&%!y!

32.&!6%!'(+/.+(4&!844*,!'/-!2%!'%5+%/-!3-4>%+!<%0!O!32.&!6%!84&.)%=!y!2%!-g)2%*%&+!.''45(,!h!5%++%!

84&%!

!X-*-#*.-(")#4(#3+-"A!

!

!

P7&)?8E:M:<:9=&?8@:BA88?H?89F<?&>;&9?BB:9A:B?&GA8G?B8=&CFB&<F&

CBAG=>;B?&?9&:HCFG9E&CA9?89:?<E&>;&CBAD?9&E;B&<0?8@:BA88?H?89&?9&

<F&EF89=&Q;HF:8?&

!

Y#"!D-,'%&+.+(4&!6%!:4+-%!3-4>%+!

!

z!Q/%2!+n3%!6%!54**/&%!.33.-+%&%89 :4/'!;!

G,2%5+(4&&%8!6.&'!2.!2('+%!5(954&+-%!

!

"! 5%&+-%9F4/-)!6.&'!/&!%'3.5%!*4&+.)&.-6#!

Y#"#"!G(!:4+-%!3-4>%+!3%-*%+!2.!5-,.+(4&!6%!24)%*%&+'P!3-,5('%8!O!

G/-!2%'!"[!6%-&(g-%'!.&&,%'P!Q/%22%!%'+!2.!+%&6.&5%!

6,*4)-.37(Q/%! .5+/%22%!O! ./)*%&+.+(4&! 6%! 2.!

343/2.+(4&P! '+.)&.+(4&P! F.(''%! 6/! &4*F-%!

6@7.F(+.&+'!;!

7++3Oddxxx#(&'%%#A-dA-d*%+746%'d&4*%&52.+/-%'d54)d6

%A./2+#.'3!

T4*F(%&! 6@7.F(+.&+'! '/332,*%&+.(-%'! :4+-%! 3-4>%+!

:4/'!3%-*%++-.9+9(2!6@.55/%(22(-!;!z!Q/%22%!,57,.&5%!;!

1/%2'!F%'4(&'!%&!24)%*%&+'!5%2.!5-,%-.9+9(2!;!

D-,5('%8!O!T4*F(%&!6%!24)%*%&+'!%&!6%&+'!5-%/'%'P!

54*F(%&! %&! %0+%&'(4&! 6%! 2j%&:%2433%! /-F.(&%;!

T4*F(%&!6%!24)%*%&+'!'%-4&+!-,7.F(2(+,' ;!

(6)

N$MH?!H/:%-)&%9$7c&%9H23%'9!! T.&%:.'!6@%0.*%&!./!5.'!3.-!5.'!d!N45/*%&+!6@/-F.&('*%! ! ad"Z!

b%-'(4&!e,:-(%-!C["`!

Y#"!D-,'%&+.+(4&!6%!:4+-%!3-4>%+!

T4*F(%&!6%!24)%*%&+'!:.5.&+'!.:%89:4/'!'/-!:4+-%!

<:4'=!54**/&%<'=!;!

7++3Oddxxx#(&'%%#A-dA-d*%+746%'d&4*%&52.+/-%'d54)d6

%A./2+#.'3!

!

1/%2!+./0!6%!-,+%&+(4&!A4&5(g-%!:4+-%!3-4>%+!.332(Q/%9 +9(2!;!I&6(Q/%8!2%!6,+.(2!6/!5.25/2#!

#

#

1/%22%!%'+!2.!'/3%-A(5(%!6%'!84&%'!Q/%!:4/'!3-,:4n%8!

6@4/:-(-!h!2@/-F.&('.+(4&!;!

!

!

1/%22%!'%-.!2.!'/-A.5%!*4n%&&%!3.-!24)%*%&+!;!

!

D.-!Q/%2'!*4n%&'!3-,:4n%89:4/'!6%!*.l+-('%-!2@%&>%/!6%!54&'4**.+(4&!6@%'3.5%!;!

b4/'!34/:%8!3-,5('%-!(5(!<4/!%&!.&&%0%=!54**%&+!2%'!F%'4(&'!%&!24)%*%&+'!'%!+-.6/('%&+!%&!F%'4(&!6%!A4&5(%-!'/-!:4+-%!

54**/&%!%+!Q/%22%'!'4&+!2%'!*%'/-%'!.''45(,%'!6%!*.l+-('%!6%!5%+!%&>%/!Q/%!:4/'!*%++%8!%&!4%/:-%!

!

!

!

!

!

!

!

!

!

!

!

Y#"#C!G(!:4+-%!3-4>%+!3%-*%+!2@(*32.&+.+(4&!6@.5+(:(+,'!,54&4*(Q/%'P!(&6/'+-(%22%'!4/!54**%-5(.2%'P!

3-,5('%8!O!

?%!5.'!,57,.&+P!5%++%!84&%!%'+9%22%!(6%&+(A(,%!6.&'!2%!!

GT4K!;!

!

1/%22%!%'+!2.!'/-A.5%!6%'!84&%'!6@.5+(:(+,'!3-,:/%'!;!

G@.)(+9(2!6@(*32.&+.+(4&!'/-!6%!&4/:%22%'!84&%'!4/!'/-!

6%'!'%5+%/-'!6,>h!4/:%-+'!h!2@/-F.&('.+(4&!;!

!

#

G@(2!%0('+%!6,>h!/&%!4/!6%'!84&%'!6@.5+(:(+,'!'/-!:4+-%!

+%--(+4(-%!O!

"! Q/%22%! %'+! 2%/-! '/-A.5%! .5+/%22%! <455/3,%! %+!

6('34&(F2%=!;!

"! Q/%2!%'+!2%/-!+./0!6@455/3.+(4&!;!

!

G@(2!%0('+%!6,>h!/&%!4/!6%'!84&%'!6@.5+(:(+,'!h!2@,57%22%!

6%!2@(&+%-54**/&.2(+,!%+!6/!GT4KO!

"! Q/%22%! %'+! 2%/-! '/-A.5%! .5+/%22%! <455/3,%! %+!

6('34&(F2%=!;!

"! Q/%2!%'+!2%/-!+./0!6@455/3.+(4&!;!

!

b4+-%! 3-4>%+! 3%-*%+9(2! 2@4/:%-+/-%! 6%! +4/+%! 5%++%!

'/-A.5%!%&!/&%!A4('!;!G(!&4&P!3-,:4(+9(2!/&!37.'.)%!;!

I&6(Q/%8!2%Q/%2!%+!54**%&+!(2!'@.332(Q/%!;!

!

T4*32,+%8!'(!&,5%''.(-%!<%0!O!3-4>%+!6@]HD!>4(&+%!%&!.&&%0%###=!

!

!

!

!

Y#C!M'3.5%'!.)-(542%'P!&.+/-%2'!4/!A4-%'+(%-'!

b4+-%! 3-4>%+! 54&5%-&%9+9(2P! 6(-%5+%*%&+! 4/!

(&6(-%5+%*%&+P!2%'!34(&+'!'/(:.&+'!;!

Y# .%'1&+3# "/# 4"L%&3# 4(# 1,&+'T-&"# 4(# 1&%8"-E#

,2"/-("))"'"/-# "/# 4"L%&3# 4"3# )+'+-"3#

.%''(/*)"3#%(#+/-"&.%''(/*)"3!

]/(! &4&!

!

!

G(!4/(P!Q/%2'!'4&+!2%'!%&>%/0!(6%&+(A(,'!;!

N%'!%'3.5%'!.)-(542%'!;! ! &4&! !

!

N%'!%'3.5%'!F4(','!;! ! &4&! !

(7)

N$MH?!H/:%-)&%9$7c&%9H23%'9!! T.&%:.'!6@%0.*%&!./!5.'!3.-!5.'!d!N45/*%&+!6@/-F.&('*%! ! Xd"Z!

b%-'(4&!e,:-(%-!C["`!

Y#C!M'3.5%'!.)-(542%'P!&.+/-%2'!4/!A4-%'+(%-'!

!

!

!

N.&'! 2%! 5.6-%! 6@/&%! 3-45,6/-%! 6@,:42/+(4&!O!

N%'!84&%'!(6%&+(A(,%'!&.+/-%22%'P!A4-%'+(g-%!4/!

.)-(542%'! 3-4+,),%'! ./! +(+-%! 6@/&! 645/*%&+!

6@/-F.&('*%!%0('+.&+!;!

! 4/(!

?%!3-4>%+!%'+!'(+/,!%&!84&%!JP!Q/(!h!2@.33/(!6%'!4-(%&+.+(4&'!

6/! DHNNP! 54&5%-&%! 2%'! %'3.5%'! &.+/-%2'! %+! A4-%'+(%-'P!

'%5+%/-'!6%!2.!54**/&%!,Q/(3,'!4/!&4&P!h!3-4+,)%-!34/-!

/&%! 4/! 32/'(%/-'! -.('4&'!O! 2.! Q/.2(+,! 6%'! '(+%'P! 6%'!

3.n'.)%'P!6%'!*(2(%/0!&.+/-%2'P!%+!2%/-!(&+,-R+!&4+.**%&+!

6/! 34(&+! 6%! :/%! %'+7,+(Q/%P! 7('+4-(Q/%! %+! ,5424)(Q/%P!

2@%0('+%&5%! 6@/&%! %0324(+.+(4&! A4-%'+(g-%P! 4/! 2%/-! 5.-.5+g-%!

6@%'3.5%!&./-%2#!

M05%3+,!2%'!54&'+-/5+(4&'!%+!(&'+.22.+(4&'!&,5%''.(-%'!h!2.!

3-,:%&+(4&! 54&+-%! 2%'! -('Q/%'! &.+/-%2'P! 2%'! 54&'+-/5+(4&'!

&,5%''.(-%'!./!A4&5+(4&&%*%&+!6%'!,Q/(3%*%&+'!3/F2(5'!%+!

5422%5+(A'P! 2@.*,&.)%*%&+! 6@.(-%'! &.+/-%22%'! 3/F2(Q/%'! 6%!

'+.+(4&&%*%&+P! 2.! )%'+(4&! %+! %0+%&'(4&! 6%'! 57.2%+'!

6@.23.)%P! %+! :(.! 2.! 3-45,6/-%! 6%! *46(A(5.+(4&! &BCP! 2%'!

54&'+-/5+(4&'! h! :45.+(4&! .)-(542%'P! +4/+%'! ./+-%'!

455/3.+(4&'!6/!'42!'4&+!(&+%-6(+%'#!

! T4*32,+%8!'(!&,5%''.(-%!

!

!

!

!

!

Y#Z!S(2(%/0!&.+/-%2'!'%&'(F2%'!%+!F(46(:%-'(+,!

b4+-%! 3-4>%+! 54&5%-&%9+9(2P! 6(-%5+%*%&+! 4/!

(&6(-%5+%*%&+!2%'!34(&+'!'/(:.&+'!;!

Y# .%'1&+3# "/# 4"L%&3# 4(# 1,&+'T-&"# 4(# 1&%8"-E#

,2"/-("))"'"/-# "/# 4"L%&3# 4"3# )+'+-"3#

.%''(/*)"3#%(#+/-"&.%''(/*)"3#Z#

]/(! J4&!

G(!4/(P!2%<'=Q/%2<'=!;!

!

M+!Q/%2'!'4&+!2%'!%&>%/0!(6%&+(A(,'!;!

E&%! 84&%! J.+/-.! C[[[! <{DGP! {GTP! GIT=! h!

3-40(*(+,!;!

7++3Odd5.-+4#6.+.-.#)4/:#A-d"d6-%.2w&.+/-%w3.n'.)

%w-`C#*.3!

!

J4&!

!

!

!

E&!3.-5!&.+/-%2!&.+(4&.2!4/!-,)(4&.2!;! ! J4&! ! E&%!-,'%-:%!&.+/-%22%!&.+(4&.2%!;! ! J4&! !

E&!%'3.5%!&.+/-%2!'%&'(F2%!;! ! J4&! !

E&%! 84&%! &.+/-%22%! 6@(&+,-R+! ,5424)(Q/%P!

A./&('+(Q/%!%+!A24-('+(Q/%!<{JIMee=!+n3%!I!4/!II!;!

7++3Odd5.-+4#6.+.-.#)4/:#A-d"d6-%.2w&.+/-%w3.n'.)

%w-`C#*.3!

! J4&!

!

!

! E&!.--R+,!3-,A%5+4-.2!6%!3-4+%5+(4&!6%!F(4+43%!;!

7++3Odd5.-+4#6.+.-.#)4/:#A-d"d6-%.2w&.+/-%w3.n'.)

%w-`C#*.3!

! J4&!

!

!

! E&%!4/!6%'!84&%'!7/*(6%'!.n.&+!A.(+!2@4F>%+!6@/&%!

6,2(*(+.+(4&! <(&:%&+.(-%! 6,3.-+%*%&+.2P!

54**/&.2P! 54&:%&+(4&! $HSGH$!###=! '4(+! 3.-!

(&:%&+.(-%!'4(+!3.-!%03%-+('%!3,6424)(Q/%!;!

! J4&! !

E&!4/!6%'!54/-'!6@%./!(6%&+(A(,'!%&!2('+%!"!4/!C!!./!

+(+-%! 6%! 2j.-+(52%! ?C"Y9"X! 6/! 546%! 6%!

2j%&:(-4&&%*%&+!;!

7++3'Oddxxx#%./-*5#A-d!

7++3'Odd.)%&5%#%./924(-%9F-%+.)&%#A-d74*%#7+*2!

7++3Oddxxx#%./9.64/-9).-4&&%#A-dA-d(&6%0#7+*2!

! J4&! !

T4*32,+%8!'(!&,5%''.(-%!

(8)

N$MH?!H/:%-)&%9$7c&%9H23%'9!! T.&%:.'!6@%0.*%&!./!5.'!3.-!5.'!d!N45/*%&+!6@/-F.&('*%! ! `d"Z!

b%-'(4&!e,:-(%-!C["`!

Y#Z!S(2(%/0!&.+/-%2'!'%&'(F2%'!%+!F(46(:%-'(+,!

b4+-%! 3-4>%+! 54&5%-&%9+9(2P! 6(-%5+%*%&+! 4/!

(&6(-%5+%*%&+!2%'!34(&+'!'/(:.&+'!;!

Y# .%'1&+3# "/# 4"L%&3# 4(# 1,&+'T-&"# 4(# 1&%8"-E#

,2"/-("))"'"/-# "/# 4"L%&3# 4"3# )+'+-"3#

.%''(/*)"3#%(#+/-"&.%''(/*)"3#Z#

]/(! J4&!

G(!4/(P!2%<'=Q/%2<'=!;!

!

M+!Q/%2'!'4&+!2%'!%&>%/0!(6%&+(A(,'!;!

!

!

!

!

Y#Y!T4&+(&/(+,'!,5424)(Q/%'!

|!.9+9(2!%/!h!2@,57%22%!

245.2%! <54**/&%'!

:4('(&%'P!

(&+%-54**/&.2(+,'P!

GT4KP! DJ$###=! 4/!

6.&'! /&! 645/*%&+!

6@/-F.&('*%!

.&+,-(%/-! 6%'!

.&.2n'%'!34-+.&+!'/-!

2%'! 54&+(&/(+,'!

,5424)(Q/%'!;&

]/(! !

N%! 3.-! '4&! 34'(+(4&&%*%&+! ),4)-.37(Q/%P! %&+-%! 2%'!

*4&+.)&%'!6/!$45!6@M&A%-!%+!6%!2.!34(&+%!6%!J.&+%./P!

G.(&+! L%.&! 6@H/23'! .! 32/'(%/-'! 54--(64-'! '/-! '4&!

+%--(+4(-%P!+4/'!6.&'!/&!.0%!M'+d]/%'+#!?%'!-,'%-:4(-'!

6%!F(46(:%-'(+,!'4&+!'(+/,'!.''%8!7./+!%&!.2+(+/6%!%+!2.!

*.>4-(+,!6/!+%--(+4(-%!%'+!455/3,!3.-!6%'!%'3.5%'!6(+'!

6%!&.+/-%!4-6(&.(-%!O!(2!'@.)(+!6%'!%'3.5%'!'.&'!:.2%/-!

3.+-(*4&(.2%! *.('! Q/(! '4&+! '(+/,'! %&! %0+%&'(4&! 6%'!

-,'%-:4(-'! 6%! F(46(:%-'(+,#! ?.! 6n&.*(Q/%! ,5424)(Q/%!

6@.33/(%! '/-! 5%'! *(2(%/0#! I2! '@.)(+! 6%'! 3-,'P! 6%'!

5/2+/-%'P! 6%'! 7.(%'! Q/(! %&+4/-%&+! 2%'! 84&%'!

/-F.&(',%'P! 2%'! 54+%./0k! 2%! 6,:%2433%*%&+! 6%!

2@/-F.&('.+(4&!%+!6%'!(&A-.'+-/5+/-%'!-4/+(g-%'!+%&6%&+!

h!A-.)*%&+%-!5%'!*(2(%/0P!5-,.&+!6%'!54--(64-'#!I2'!'4&+!

'(+/,'!+4/+!2%!24&)!6%!2.!$Nf[C!%+!'4&+!32/'!4/!*4(&'!

2.-)%'#!

?%!5.-.5+g-%!&.+/-%2!6/!-%'+%!6/!+%--(+4(-%!54**/&.2!

%'+!+-g'!3%/!54&+-.()&.&+!34/-!2.!A./&%P!%+!./5/&!.0%!

6%!6,32.5%*%&+!6%!2.!A./&%!h!3-43-%*%&+!3.-2%-!&@%'+!

(6%&+(A(,#!

H/! &(:%./! 6/! 64*.(&%! 'i(.F2%P! (2! n! .! 6%'! 84&%'!

(&+,-%''.&+%'! 34/-! 2%'! ).22(A4-*%'! 6%! *4&+.)&%! Q/(!

3%/:%&+!R+-%!3%-+/-F,%'!3.-!2%'!-%*4&+,%'P!2%'!3('+%'!

%+! 2.! 3-.+(Q/%! 6/! 'i(! 74-'93('+%! Q/(! +%&6! h! '%!

6,:%2433%-#!!

#

N.&'! 2%! G57,*.!

$,)(4&.2! 6%!

T47,-%&5%!

M5424)(Q/%P! Q/%2'!

'4&+!2%'!,2,*%&+'!6%!

2.! +-.*%! :%-+%! %+!

F2%/%!;!

7++3Odd5.-+4#6.+.-.#) 4/:#A-d"d6-%.2w&.+/-

%w3.n'.)%w-`C#*.

3!

N@.3-g'! 2.! 5.-+4)-.37(%! 6%'! '%5+%/-'! 3-(4-(+.(-%'! 6@(&+%-:%&+(4&! 6/! G$TMP! 2.! 54**/&%! 6%!G.(&+9 L%.&!6@H/23'!'%!'(+/%!%&!3.-+(%!6.&'!2%!'%5+%/-!"Y!54--%'34&6.&+!./!T7.F2.('#!

(9)

N$MH?!H/:%-)&%9$7c&%9H23%'9!! T.&%:.'!6@%0.*%&!./!5.'!3.-!5.'!d!N45/*%&+!6@/-F.&('*%! fd"Z!

b%-'(4&!e,:-(%-!C["`!

Y#Y!T4&+(&/(+,'!,5424)(Q/%'!

!

!

!

Y#_!D.n'.)%P!3.+-(*4(&%!Ft+(!

b4+-%! 3-4>%+! 54&5%-&%9+9(2P! 6(-%5+%*%&+! 4/!

(&6(-%5+%*%&+!2%'!34(&+'!'/(:.&+'!;!

Y# .%'1&+3# "/# 4"L%&3# 4(# 1,&+'T-&"# 4(# 1&%8"-E#

,2"/-("))"'"/-# "/# 4"L%&3# 4"3# )+'+-"3#

.%''(/*)"3#%(#+/-"&.%''(/*)"3#

]/(! J4&!

G(!4/(P!2%<'=Q/%2<'=!;

!

M+!Q/%2'!'4&+!2%'!%&>%/0!(6%&+(A(,'!;!

G(+%!52.'',!4/!3-4>%+!6%!'(+%!52.'',!;!

7++3Odd5.-+4#6.+.-.#)4/:#A-d"d6-%.2w&.+/-%w3.n '.)%w-`C#*.3!

! J4&! !

G(+%!(&'5-(+!4/!3-4>%+!6%!'(+%!(&'5-(+!;!

7++3Odd5.-+4#6.+.-.#)4/:#A-d"d6-%.2w&.+/-%w3.n '.)%w-`C#*.3!

! J4&! !

G(+%! 3.+-(*4&(.2! -%*.-Q/.F2%! <n! 54*3-('!

.&5(%&&%'! {DDHED! 4/! HbHD! 4/! .&5(%&'!

'%5+%/-'!'./:%).-6,'=!;!

! J4&! !

}2,*%&+'!*.>%/-'!6/!3.+-(*4(&%!;!

7++3Odd.+2.'#3.+-(*4(&%'#5/2+/-%#A-d.+2.'d+-/&id! ! J4&!

H7"'1)"#D#'%/('"/-3#L+3-%&+:("3#"-#)"(&3#1,&+'T-&"3#4"#1&%-".-+%/E#3+-"3#

*&.L,%)%K+:("3E#1*-&+'%+/"#'%/4+*)#

# D%-'3%5+(:%'!3.n'.)g-%'!(6%&+(A(,%'!54**%!h!

3-,'%-:%-! 3.-! /&! 645/*%&+! 6%! -.&)!

'/3,-(%/-!O! GT4KP! 57.-+%! 6%! 3.-5P! .+2.'! 6%!

3.n'.)%k!;!

! J4&! !

T4*32,+%8!'(!&,5%''.(-%

!

!

!

Y#a!$%''4/-5%!%&!%./!

!*0-*1"4#

b4+-%! 3-4>%+! 54&5%-&%9+9(2P! 6(-%5+%*%&+! 4/!

(&6(-%5+%*%&+!2%'!34(&+'!'/(:.&+'!;!

#

]/(! J4&! G(!4/(P!2%<'=Q/%2<'=!;!

!

(10)

N$MH?!H/:%-)&%9$7c&%9H23%'9!! T.&%:.'!6@%0.*%&!./!5.'!3.-!5.'!d!N45/*%&+!6@/-F.&('*%! ! "[d"Z!

b%-'(4&!e,:-(%-!C["`!

Y#a!$%''4/-5%!%&!%./!

M+!Q/%2'!'4&+!2%'!%&>%/0!(6%&+(A(,'!;!

D,-(*g+-%!6%!3-4+%5+(4&!(**,6(.+P!-.33-457,P!

,24()&,! 6@/&! 5.3+.)%! 6@%./! 6%'+(&,! h!

2@.2(*%&+.+(4&!7/*.(&%!;!

! J4&! !

H/+-%'!5.3+.)%'!3-(4-(+.(-%'!;! ! J4&! !

F4*1"4#G#"*(#0%-*H)"#I#1"4-+%2#,"4#"*(<#(43"4#"-#"*(<#0)(8+*)"4#

?%'! -%''4/-5%'! %&! %./! '4&+9%22%'! '/AA('.&+%'!

'/-! 2%! +%--(+4(-%! 34/-! .''/-%-! 2%'! F%'4(&'!

3-,'%&+'!%+!A/+/-'!;!

!

J4&!

<h!

&/.&

5%-=!

N@.3-g'!2%!F(2.&!+7,4-(Q/%!-%''4/-5%'!d!54&'4**.+(4&'P!

.:%5!2%!-%&6%*%&+!.5+/%2P!2%'!-%''4/-5%'!%&!%./!

6('34&(F2%'!3%-*%++%&+!6%!A.~4&!>/'+%!/&!

.33-4:('(4&&%*%&+!6/!+%--(+4(-%#!T%3%&6.&+P!2.!5.3.5(+,!

6%!3-46/5+(4&!6%!2.!54**/&%!h!3.-+(-!6%'!6(AA,-%&+%'!

'4/-5%'!'%-.(+!'/AA('.&+%!34/-!54/:-(-!2@%&'%*F2%!6%'!

F%'4(&'!.5+/%2'!%+!A/+/-'#!?%!*./:.('!-%&6%*%&+!6/!

-,'%./!-%&6!2.!'(+/.+(4&!5-(+(Q/%#!!

E&!+-.:.(2!6@.*,2(4-.+(4&!6/!-%&6%*%&+!6%'!-,'%./0!%'+!

*%&,#!!

?%!'n'+g*%!6@.''.(&(''%*%&+!6%'!%./0!/',%'!

.9+9(2! /&%! 5.3.5(+,! '/AA('.&+%! 34/-! -,34&6-%!

./0!F%'4(&'!3-,'%&+'!%+!A/+/-'!6/!+%--(+4(-%!;!

7++3Odd.''.(&(''%*%&+#6%:%2433%*%&+9 6/-.F2%#)4/:#A-d!

4/(! !

N%'! 3-4>%+'! 6%! -.554-6%*%&+! '4&+! 3-4)-.**,'! 3.-! 2.!

54**/&%!'/-!2.!GKMD!6/!34&+!6%!T4/:.24/3P!h!54/-+!+%-*%!

34/-!M''%-+!2.!D(%--%P!h!*4n%&!+%-*%!./!S4&+!6@M:(.&P!%+!h!

32/'! 24&)! +%-*%! ./! S4/2(&! 6%! 2.! D%--nP! h! 2.! b.22,%! 6%'!

]&57%+'! %+! h! \%22%54*F%#! H! &4+%-! Q/%! 5%'! +-.:./0! '4&+!

*%&,'!6%!A-4&+!.:%5!2%'!+-.:./0!6@.*,2(4-.+(4&!6/!-,'%./!

6@%./!34+.F2%#!!

D4/-! 2%! -%'+%P! 2.! 34/-'/(+%! 6%! 2@/-F.&('.+(4&! %'+!

54&6(+(4&&,%! 3.-! 2%'! 34''(F(2(+,'! 6@.''.(&(''%*%&+! &4&!

5422%5+(A#!!

N%'! 6,*.-57%'! '4&+9%22%'! %&+-%3-('%'! 34/-!

).-.&+(-! 2.! F4&&%! )%'+(4&! 6%'! %./0! 32/:(.2%'!

'/-!:4+-%!+%--(+4(-%;!

4/(! ! ?%'!.&&%0%'!'.&(+.(-%'!+-.(+%&+!5%!34(&+#!!

T4*32,+%8!'(!&,5%''.(-%!

!

Y#X!G42'!%+!'4/'9'42!

b4+-%! 3-4>%+! 54&5%-&%9+9(2P! 6(-%5+%*%&+! 4/!

(&6(-%5+%*%&+!2%'!34(&+'!'/(:.&+'!;!

Y# .%'1&+3# "/# 4"L%&3# 4(# 1,&+'T-&"# 4(# 1&%8"-E#

,2"/-("))"'"/-# "/# 4"L%&3# 4"3# )+'+-"3#

.%''(/*)"3#%(#+/-"&.%''(/*)"3#Z#

]/(! J4&!

G(!4/(P!2%<'=Q/%2<'=!;!

!

M+!Q/%2'!'4&+!2%'!%&>%/0!(6%&+(A(,'!;!

G(+%'! %+! '42'! 3422/,'! 4/! 34+%&+(%22%*%&+!

3422/,'!OF.'%!6%!64&&,%'!\HG]?!;!

7++3OddF.'42#6%:%2433%*%&+9 6/-.F2%#)4/:#A-d-%57%-57%#373!

! &4&! !

H&5(%&'! '(+%'! (&6/'+-(%2'! %+! .5+(:(+,'! 6%!

'%-:(5%'!OF.'%!6%!64&&,%'!\HGIHG!;!

7++3OddF.'(.'#F-)*#A-d64&&%%'w2('+%#.'3;NDK vaZ•5.-+%v!

! &4&! !

T.--(g-%'! %+d4/! 3-4>%+'! 6%! 5-,.+(4&! 4/!

6@%0+%&'(4&!6%!5.--(g-%'!;!

! &4&! ! T4*32,+%8!'(!&,5%''.(-%!

!

!

!

Y#`!$('Q/%'!%+!&/('.&5%'!

b4+-%! 3-4>%+! 54&5%-&%9+9(2P! 6(-%5+%*%&+! 4/!

(&6(-%5+%*%&+!2%'!34(&+'!'/(:.&+'!;!

Y# .%'1&+3# "/# 4"L%&3# 4(# 1,&+'T-&"# 4(# 1&%8"-E#

]/(! J4&!

G(!4/(P!2%<'=Q/%2<'=!;!

!

(11)

N$MH?!H/:%-)&%9$7c&%9H23%'9!! T.&%:.'!6@%0.*%&!./!5.'!3.-!5.'!d!N45/*%&+!6@/-F.&('*%! ! ""d"Z!

b%-'(4&!e,:-(%-!C["`!

Y#`!$('Q/%'!%+!&/('.&5%'!

,2"/-("))"'"/-# "/# 4"L%&3# 4"3# )+'+-"3#

.%''(/*)"3#%(#+/-"&.%''(/*)"3#

M+!Q/%2'!'4&+!2%'!%&>%/0!(6%&+(A(,'!;!

$('Q/%'!4/!.2,.'!&.+/-%2'!;!

!

! J4&! ! D2.&'! 6%! 3-,:%&+(4&! 6%'! -('Q/%'! .33-4/:,'!

4/!%&!54/-'!6@,2.F4-.+(4&!;!

! &4&! ! J/('.&5%'!;!

#

! &4&! # D2.&! 6@%034'(+(4&! ./! F-/(+P! 32.&! 6%! )R&%!

'4&4-%! 4/! .--R+,'! 3-,A%5+4-./0! -%2.+(A'! ./!

F-/(+!6%'!(&A-.'+-/5+/-%'!;!

! &4&! !

T4*32,+%8!'(!&,5%''.(-%!

!

!

!

!

Y#f!H(-P!,&%-)(%P!52(*.+!

b4+-%! 3-4>%+! 54&5%-&%9+9(2P! 6(-%5+%*%&+! 4/!

(&6(-%5+%*%&+!2%'!34(&+'!'/(:.&+'!;!

Y# .%'1&+3# "/# 4"L%&3# 4(# 1,&+'T-&"# 4(# 1&%8"-E#

,2"/-("))"'"/-# "/# 4"L%&3# 4"3# )+'+-"3#

.%''(/*)"3#%(#+/-"&.%''(/*)"3#

]/(! J4&!

G(!4/(P!2%<'=Q/%2<'=!;!

!

M+!Q/%2'!'4&+!2%'!%&>%/0!(6%&+(A(,'!;!

|!.!+9(2!/&%!6%''%-+%!%&!+-.&'34-+!5422%5+(A!'/-!

:4+-%!+%--(+4(-%!

4/(! ! I2! %0('+%! /&! -,'%./! 6%! +-.&'34-+! %&! 54**/&! -%2.+(:%*%&+!

6%&'%P!*.('!h!2@/'.)%!%''%&+(%22%*%&+!6%'!'542.(-%'!%+!6%'!

+4/-('+%'#!!

D2.&!6%!3-4+%5+(4&!6%!2@.+*4'37g-%!<DDH=!;! ! J4&!! ! M&>%/0! '3,5(A(Q/%'! -%2%:,'! 3.-! 2%! '57,*.!

-,)(4&.2! 6/! 52(*.+P! 6%! 2@.(-! %+! 6%! 2@,&%-)(%!

<G$THM=!;!

M&>%/0!'3,5(A(Q/%'!-%2%:,'!3.-!2%!DTHMK!<4/!

3-4>%+!6%!DTHMK=!;!

! J4&!

!

! J4&!!

!

D-4>%+!,42(%&!4/!6%!3.-5!374+4:42+.€Q/%!;! ! J4&!! ! T4*32,+%8!'(!&,5%''.(-%!

!

!

!

R7&#88?S?E&NBFCC?<O&

4?E& F88?S?E& EA89& >?E& =<=H?89E& ?EE?89:?<E&CA;B&C?BH?99B?& T& <0F;9AB:9=& ?8@:BA88?H?89F<?& >?& GAHCB?8>B?& @A9B?&

CBAD?9&?9&>0=@F<;?B&<?E&?8D?;S&?8@:BA88?H?89F;S&K;0:<&GA8E9:9;?&?9UA;&>A:9&CB?8>B?&?8&GAHC9?&V&

,&CA;B&<?E&GFE&>0=<FMABF9:A8&A;&>?&B=@:E:A8&L=8=BF<?&V&:<&?E9&B?GAHHF8>=&>?&9BF8EH?99B?W&A;9B?&<?&CBAD?9&>?&*#--W&

;8&CBAD?9&>?&XA8FL?&C?BH?99F89&>?&@:E;F<:E?B&<?E&E?G9?;BE&CB:AB:9F:B?E&CA;B&<0;BMF8:EF9:A8&Y&

,&CA;B&<?E&CBAG=>;B?E&>0=@A<;9:A8&CFB9:?<<?&NB=@:E:A8&F<<=L=?W&H:E?&?8&GAHCF9:M:<:9=&-'*U-*W&HA>:Z:GF9:A8O&V&:<&?E9&

?EE?89:?<&>?&ZA;B8:B&<?E&>AG;H?89E&:8:9:F;S&?9&>?&CB=G:E?B&<?E&=<=H?89E&K;:&>A:@?89&=@A<;?B&N?S&V&C<F8&>?&XA8FL?&

F@F89UFCB[E&Y&B[L<?H?89&F@F89UFCB[EW&.#*&F@F89UFCB[EO&

T44-64&&,%'!6%!2.!3%-'4&&%!h!54&+.5+%-! H&&%0%!"!5(9>4(&+%! !

!

}2.F4-.+(4&! 4/! -,:('(4&! q!),&,-.2%!r! 6%!

D?E!4/!D?E(!

D-4>%+!6%!DHNN!6,F.++/!3.-!2%!T4&'%(2!*/&(5(3.2!

4/!2@4-).&%!6,2(F,-.&+!6%!2@MDTI! "

G(! 2%! +%--(+4(-%! %'+! .5+/%22%*%&+! 54/:%-+! 3.-! /&!

645/*%&+! 6@/-F.&('*%P! 2%! -g)2%*%&+! )-.37(Q/%!

<32.&!6%!84&.)%=!6%!5%!645/*%&+!%&!:()/%/-!

"

E&%!:%-'(4&!6/!3-4>%+!6%!-g)2%*%&+!)-.37(Q/%!%&!

54/-'!6@,2.F4-.+(4&! "

(12)

N$MH?!H/:%-)&%9$7c&%9H23%'9!! T.&%:.'!6@%0.*%&!./!5.'!3.-!5.'!d!N45/*%&+!6@/-F.&('*%! ! "Cd"Z!

b%-'(4&!e,:-(%-!C["`!

D4/-! 2%'! -,:('(4&'! 6%! D?E! .:%5! %0.*%&!

54&>4(&+! %+! 2%'! 6,52.-.+(4&'! 6%! 3-4>%+!

*46(A(.&+!/&!D?E!

?%! 3-4>%+! 6%! 64''(%-! %&:('.),! 34/-! 2.! -,/&(4&!

6@%0.*%&!54&>4(&+! "

D4/-!+4/'! N,2(F,-.+(4&!3-%'5-(:.&+!2.!3-45,6/-%! "

D4/-!2%'!3-45,6/-%'!6@,:42/+(4&!

D-4>%+!6%!32.&!6%!84&.)%!HbHJKdHD$•G!

D-4>%+!6%!-g)2%*%&+!HbHJKdHD$•G!

H/+-%'! ,2,*%&+'! 5.-+4)-.37(Q/%'! '/3%-34'.&+!

84&.)%'!%+!%&>%/0!<J.+/-.!C[[[P!-('Q/%'P!k=!

"

D4/-!+4/'! T.-+4)-.37(%!6/!DHNN!

H/+-%'!<]HDP!###=! "

&

\7&):L8F9;B?&>;&>?HF8>?;B&NC?BEA88?&C;M<:K;?&B?ECA8EFM<?O&

!

-F9?&V&&&

4:?;&V&4!&12./&

!

!

J]S!!!!!!!!!!!!!!!!!!!D$MJ]S!

VH$IJ!!!!!!!!!!!!!!!!L.5Q/%2(&%!

D-,'(6%&+%!6%!2.!TTUT!

!

)2]%#/'+!&

&

&

&

&

!

Références

Documents relatifs

Vérifier que le signal à la sortie du filtre n’est plus rectangulaire et qu’il se rapproche d’un signal sinusoïdal à la fréquence f = f o (le signal serait

[r]

[r]

UN CONSIGLIO : INIZIA CON LE GRIGLIE LE PIÙ

Chaque mot doit pouvoir se lire horizontalement et verticalement.. Mots en

ainsi, tous les voiles de façade sont des doubles murs réalisés en béton de ciment blanc autoplaçant coulé en place de part et d’autre d’un isolant, selon une procédure mise

◊ remarque : l'inductance est plus grande avec le noyau de fer feuilleté (aimantation induite) ; elle est un peu plus faible avec un noyau de métal non feuilleté (champ magnétique

parfaits fonc- tionnant en régime linéaire. L'ensemble, inséré dans un circuit par l'intermédiaire des deux bornes A et B, se comporte comme un dipôle soumis à une tension