n$KGPSWGEGOÄOGGVKFGPVKSWG+PVGNNGEVIÃPÃTCNFWOQPFGFQPVPQWUUQOOGU PÃEGUUCKTGOGPVOGODTGUGVRCTVKGURWKUUGHCKTGSWOCKPUKGPEQTGNOQPUOCEEQTFGW
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+
#WLQWTFOJWK NG RJÃPQOÂPG UOCEEGPVWG GPVTCÉPÃ FCPU WP RTQEGUUWU FOCEVWCNKUCVKQPCRRCTGOOGPVUCPUHKPRTÄV´ÃRWKUGTVQWVGUNGUXKTVWCNKVÃUFW RTQVQEQNG PQWXGNNG PQTOG +RX CWZ PQODTGU SWCUK KPHKPKU OGVCFCVC ITKF EQOOWPKECVKQPUURCVKCNGUGVE/CKUGPFÃRKVFGNCRTQHWUKQPFGUNQKUGVFGU VGZVGURQTVCPVUWTNOWPQWNOCWVTGFGUCURGEVUFOKPVGTPGVQPFKUVKPIWGOCNNG HQPFGOGPV FW FTQKV NC UWDUVCPEG FG TÂINGU SWK UGTCKGPV WPCPKOGOGPV TGEQPPWGU CW RNCP KPVGTPCVKQPCN +PVGTPGV FGOGWTG NOQDLGV FOWPG RGPUÃG HCKDNGQTRJGNKPGGPSWGNSWGUQTVG
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FOÃVJKSWGNKÃGU´NOWVKNKUCVKQPFGUFQPPÃGURGTUQPPGNNGUQWGPEQTGNOCTDKVTCIG FGUVTCPUCEVKQPUÃNGEVTQPKSWGU
1P FGXKPG ´ VTCXGTU NGU RNCIGU FG IQWXGTPCPEG FOKPVGTPGV EQOOG WPG VGPUKQPETQKUUCPVGGPVTGKPFWUVTKGUQRÃTCVGWTUGVHQWTPKUUGWTUFGUGTXKEGUGV UWTVQWV GPVTG 'VCVU GV QTICPKUCVKQPU KPVGTPCVKQPCNGU EQPEGTPÃU %QOOG NC TÃXÃNCVKQP RTQITGUUKXG FOWPG HCEG ECEJÃG FG NOKPVGTPGV EGNNG FOWP OQPFG KPEGTVCKPRGWUÃEWTKUôNOKOCIKPCKTGKPUVTWOGPVCNKUÃQÔNOCTVKHKEGVGEJPKSWG FÃRNQKGWPQTFTGSWKNWKGUVRTQRTGUCPUCUEÂUGGVUCPUÃVJKSWG
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4CRRGNQPU DTKÂXGOGPV SWG NOQHHKEKCNKUCVKQP FOKPVGTPGV CW RNCP KPVGTPCVKQPCN C ÃVÃ CXCPV VQWV EGNNG FG NC TÃIWNCVKQP FOWPG VGEJPQNQIKG 'NNG EQPUKUVG´URÃEKHKGTUWTWPOQFGFKUVTKDWÃNGURTQVQEQNGUVGEJPKSWGUGVNGWT OKUG GP WXTG ´ VTCXGTU WP QTICPKUOG NO+'6( +PVGTPGV 'PIKPGGTKPI 6CUM (QTEGCUUKUVÃRCTNO+#$+PVGTPGV#TEJKVGEVWTG$QCTFGVWPGUWRGTXKUKQPRCT NO+%#00+PVGTPGV%QTRQTCVKQPHQT#UUKIPGF0COGUCPF0WODGTU
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.OCFOKPKUVTCVKQP %NKPVQP C UQWJCKVÃ VTCPUHÃTGT NC IGUVKQP FW U[UVÂOG KPVGTPGVXGTUNGUGEVGWTRTKXÃGP+NUOCIKUUCKVRQWTGNNGFGUGFÃUGPICIGT FG NC TGURQPUCDKNKVÃ FG NC IGUVKQP INQDCNG GV FG OGVVTG WP VGTOG ´ WP OQPQRQNGFGHCKVEGNWKFWU[UVÂOGFGUPQOUFGFQOCKPGIÃPÃTKSWGUEQO PGVQTI
&GWZ RTKPEKRGU VGEJPKSWGU KORNKEKVGU QPV IWKFÃ NOCRRTQEJG NC TGEQPPCKUUCPEGFGNCHQPEVKQPWPKSWGFGEQOOWVCVKQPFOKPVGTPGV´NOÃEJGNNG OQPFKCNG NC PÃEGUUKVÃ FOCUUWTGT NC UVCDKNKVÃ GV NOKPVGTQRÃTCDKNKVÃ FW U[UVÂOG FG HCÁQP RÃTGPPG %GU FGWZ GZKIGPEGU HQPFGPV NG FKURQUKVKH FO+%#00 SWK TGRQUGUWTVTQKURKNKGTUNGU[UVÂOGFGPQOUFGFQOCKPG&05NOCNNQECVKQP FGUCFTGUUGU+2RCTFGUTGIKUVTGUTÃIKQPCWZGVNGEQPUQTVKWOFGUUGTXGWTU FG TQWVCIG SWK UQPV GPEQTG CFOKPKUVTÃU GV HKPCPEÃU UWT DCUG XQNQPVCKTG GUUGPVKGNNGOGPV RCT FGU CIGPEGU QW WPKXGTUKVÃU COÃTKECKPGU UGTXGWTU FG TQWVCIGUGWNGOGPVUQPVDCUÃUGP'WTQRG´.QPFTGUGV5VQEMJQNO
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.G OQFÂNG FG IGUVKQP FG NOKPVGTPGV UG RTÃUGPVG EQOOG WPG EWNVWTG FW nEQPUGPUWUFGPCVWTG´CRRQTVGTWPGNÃIKVKOKVÃFGITQWRG´FGUFÃEKUKQPU FOWPG PGWVTCNKVÃ VGEJPQNQIKSWG GP CRRCTGPEG KPEQPVGUVCDNG EGNNG FGU EQOOWPCWVÃU FG NOKPVGTPGV 1P EQOOGPEG PÃCPOQKPU ´ UG FGOCPFGT UK NG FKURQUKVKHOKUGPRNCEGGPEQTTGURQPFDKGPCWZGZKIGPEGUFGNCIGUVKQP FOWP DKGP EQOOWP CW RTQHKV FW RNWU ITCPF PQODTG #KPUK NC RCTKVÃ TGEJGTEJÃG ´ NOQTKIKPG FCPU NC RTKUG FG FÃEKUKQP FO+%#00 GPVTG TGRTÃUGPVCPVU FGU VGEJPKSWGU GV FG NOKPFWUVTKG FOWPG RCTV GV TGRTÃUGPVCPVU FGU WVKNKUCVGWTU CV NCTIG FOCWVTG RCTV POC RCU ÃVÃ TGURGEVÃG 'NNG GUV HQTV UWUEGRVKDNGFOÄVTGTGOKUGGPECWUGFCPUUQPRTKPEKRGOÄOG´NOQEECUKQPFW RTQEGUUWUFGTÃHQTOGGPEQWTU
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5WTVQWV NGU EQORÃVGPEGU PQTOCVKXGU FO+%#00 FQKXGPV TÃUQNWOGPV ÄVTG OKUGUGPRGTURGEVKXG3WGNNGGUVNOCWVQTKVÃWNVKOGSWKHQPFGNGURQWXQKTUFOWP VGN QTICPKUOG! .G FTQKV FGU OCTSWGU GV EGNWK FG NC RTQRTKÃVÃ KPVGNNGEVWGNNG UQPV UQWU NC EQORÃVGPEG FG NO1TICPKUCVKQP OQPFKCNG FG NC RTQRTKÃVÃ KPVGNNGEVWGNNG1/2+%GNWKSWKGUVNKÃCWZKPHTCUVTWEVWTGUFGEQOOWPKECVKQP GUV UQWU NOÃIKFG FG NO7PKQP KPVGTPCVKQPCNG FGU VÃNÃEQOOWPKECVKQPU +76
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%GV CTIWOGPVCKTG UÃFWKUCPV HCKV RGW FG ECU FGU CIGPEGOGPVU FG NC UQEKCDKNKVÃ QTFKPCKTG FW SWQVKFKGP GV FG NOKPVÃTKQTKVÃ FG NC TÃEGRVKQP FGU RTQEÃFWTGUFGEQPVTCEVWCNKUCVKQPGVCWUUKFGNCSWCNKVÃFWFÃDCVEQNNGEVKHSWK FGXTCKVHQPFGTNGRTQEGUUWUFGETÃCVKQPFGUPQTOGU´NOÃEJGNNGFOWPGPCVKQP QWFOWPGURCEGIÃQRQNKVKSWG'PRTKXKNÃIKCPVCKPUKNGEQWRNGFWVGEJPKSWGGV FW RQNKVKSWG QP HCKV FOKPVGTPGV WPG HKEVKQP KPUVKVWCPVG UGNQP NOGZRTGUUKQP FG .WEKGP 5HG\ EGPVTG FW OQPFG GV FGU UQEKÃVÃU 'V EGV CTVKHKEG PQWU RNQPIG FCPUNOKFÃQNQIKG
7PPQWXGCWEQPVTCVGPVTGVGEJPKSWGGVRQNKVKSWG
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GPVKTGTRQWTNOKOOÃFKCVOCKUCWUUKRQWTFGUGPICIGOGPVU´OQ[GPGVNQPI VGTOG +N UOCIKV DKGP FG EQPEGXQKT RQWT KPVGTPGV FGU RNCIGU FG TÃIWNCVKQP PQWXGNNGUCWVQWTFOWPGUQWXGTCKPGVÃQTICPKUÃGGVRCTVCIÃG.CSWGUVKQPSWK UQWUVGPF VQWVGU NGU EQPVTKDWVKQPU GUV GP TÃUWOÃ NC UWKXCPVG EQOOGPV RCTXGPKT ´ WP U[UVÂOG OÃVKUUÃ FG FTQKVU GV FG PQTOGU FCPU WP OQPFG QÔ EJCSWGUQEKÃVÃRQNKVKSWGEQPUGTXGUQPRTQRTGU[UVÂOGLWTKFKSWGFGUNQKUFG /CPQWCWZEQFGUPCRQNÃQPKGPU!
4ÃEGOOGPVNGXKEGRTÃUKFGPVFW%QPUGKNFO'VCV4GPCWF&GPQKZFG5CKPV /CTETGNGXCPVWPGRTQITGUUKQPKPGZQTCDNGFGNCEQOOQPNCYRCTTCRRQTVCW FTQKV TQOCKPIGTOCPKSWG KPXKVCKV ´ FÃRCUUGT NOCHHTQPVGOGPV FGU FGWZ HCOKNNGUFGFTQKV %GNC XGWV FKTG RQWT EG SWK EQPEGTPG KPVGTPGV TGEJGTEJGT
.CYTGPEG.GUUKI%QFGCPFQVJGTNCYUQHE[DGTURCEG$CUKE$QQMU .WEKGP5HG\6GEJPKSWGGVKFÃQNQIKG5GWKN2CTKU
4GPCWZ&GPQKZFG5CKPV/CTEKP.GFÃDCVPu)CNNKOCTFOCKCQÖV
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.OCESWKU EQOOWPCWVCKTG FCPU UC FKOGPUKQP FG UÃEWTKVÃ LWTKFKSWG NGU PQVKQPU FG UGTXKEGU FOKPVÃTÄV ÃEQPQOKSWG IÃPÃTCN GV OCKPVGPCPV NC %JCTVG FGUFTQKVU HQPFCOGPVCWZ FG NO7PKQP GWTQRÃGPPG RQWTTCKGPV ÄVTG NGU RKNKGTU FG NC IQWXGTPCPEG FG NOKPVGTPGV FG FGOCKP .C EQPUVTWEVKQP FOWPG 'WTQRG FGU TÃUGCWZ FOKPHQTOCVKQP RTKPEKRG GZVGPUKH QWXGTV GV PQWXGCW EQPVTCV FG UQEKÃVÃGUV´EGRTKZ
4KEJCTF&GNOCU
#FOKPKUVTCVGWTRTKPEKRCN
%QOOKUUKQPGWTQRÃGPPG&)5QEKÃVÃFGNOKPHQTOCVKQP
.GUQRKPKQPUGZRTKOÃGUFCPUEGVGZVGUQPVEGNNGUFGNOCWVGWTGVPGTGRTÃUGPVGPVRCU PÃEGUUCKTGOGPVNGURQUKVKQPUFGNC%QOOKUUKQPGWTQRÃGPPG
