ࡱ> -%`Ҿ bjbjNN3#,, cCn n n n D~<P l!F.D:~~~$H#h%L _"__n n ~~= yyy_P%n 8~ ~y_yy>x  Y ~" GJD%x 0!X%]j(%Y Y % m   yt y"!____22 )dz<n n n n n n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quation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nstitute for Marketology-070@ "O43830B;0@K =AB8BCBC)  :>;>J8 "O<87 OIAC; A5@B8D8:0BK=K=K, 2003-6F 8;4O !-!-) (Hazard Analysis and Critical Control Points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w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ó㣓reXK: h"5OJQJ\aJ$mH sH h+5OJQJ\aJ$hn]wh$(OJQJaJ$h6h$(CJOJQJh6hY`CJOJQJhY`CJOJQJh$(CJOJQJh+h)hF5CJOJQJ\h+h$(5CJOJQJ\h6hY`5CJOJQJ\hY`hY`5CJOJQJ\h6h)hF5CJOJQJ\h6h$(5CJOJQJ\h+5CJOJQJ\ "$&(*,.02468:Z$1d`1a$gd&$1d`1a$gd& 1d`1gd& 1d`1gd&D ʾ о J\^`bdfhjlnprtvxz|~    ʼشxjh6h {{5CJOJQJh[h)hF5\mH sH h[mH sH h6h)hFOJQJh6hK OJQJhkSOJQJhK OJQJh$(OJQJh6h$(5OJQJ\h6h {{5OJQJ\h6h$(OJQJh+5OJQJ\aJ$hn]wh$(5OJQJ\aJ$' . 0 2 4 6 8 : 1d`1gd& $da$gd& 1d`1gd&$1d`1a$gd&$1d`1a$gd& " $ , . 8 D F J X n p r t v x z | ~ ʽqch6h)hF5OJQJ\h6h$(5OJQJ\hn]wh$(5OJQJ\aJ$hJ<5OJQJ\aJ$hn]wCJOJQJh)hFCJOJQJh6h6CJOJQJh6h)hFCJOJQJh {{5CJOJQJh6hY`5CJOJQJhY`hY`5CJOJQJh6h)hF5CJOJQJ&: < > @ B D F H J l    $& d^& a$gd&$1d`1a$gd& 1d`1gd&$1d8`1a$gdGtv$1d8`1a$gdGtv 1d`1gd&    * b  ôôti[SGh[OJQJmH sH hK OJQJh6hn]w5OJQJ\hn]w5OJQJ\hK 5OJQJ\h$(5OJQJ\h6hul5OJQJ\hn]wh$(5CJ\aJhn]wh)hF5CJ\aJhJ<5CJOJQJ\aJ"hn]wh'R5CJOJQJ\aJ"hn]wh$(5CJOJQJ\aJh6h$(OJQJh6h$(5OJQJ\   < H \ ^  T V 1d$If`1gd& d$IfgdK dgd $da$gd$1d`1a$gd&     : < D F H Z \ ^ r t          " $ & , 4 ĺĭ{jjjj hK h)hFCJOJQJmH sH hJ<CJOJQJhJ<h)hFCJOJQJhrBCJOJQJmH sH hJ<h)hFCJOJQJh6h)hFCJOJQJhK CJOJQJhrBCJOJQJhhCJOJQJhCJOJQJh zCJOJQJ h[hCJOJQJmH sH )4 : H J L N P R T V X Z n p | ~  " & 2 8 : ˷rjhrBOJQJh zh zOJQJmH sH h6h)hFOJQJmH sH h6h)hFOJQJh6h)hFmH sH  h6h)hFCJOJQJmH sH &h6h)hF5CJOJQJ\mH sH &hK h)hF5CJOJQJ\mH sH h6h)hF5CJOJQJ\ hK h)hFCJOJQJmH sH %V X Z 8 n p d$IfgdK 1d$If`1gd&Skd$$Ifl0 u t644 la: < > @ B D H P R V b d f h j n p r z ttctSh6h)hF5CJOJQJ\ h6h)hFCJOJQJmH sH  hJ<h)hFCJOJQJmH sH h6h)hFCJOJQJhJ<hK CJOJQJ hJ<h)hFhJ<h)hFCJOJQJhJ<h)hF5OJQJ\h6h)hF5OJQJ\hJ<OJQJhJ<hJ<OJQJh6h)hFOJQJhrBOJQJhJ<h)hFOJQJp r ;Skd$$$Ifl0 u t644 la1d$If`1gd& d$IfgdK Skd$$Ifl0 u t644 la 024Ͼwi[i[i[Pi[i[i[EhJ<hkSOJQJhJ<h$(OJQJhJ<h$(5OJQJ\h6h$(5OJQJ\hrB5OJQJ\hJ<h$(OJQJmH sH  h6h {{CJOJQJmH sH h6h)hFmH sH  h6h)hFCJOJQJmH sH  hJ<h)hFCJOJQJmH sH h5CJOJQJ\h6h)hF5CJOJQJ\&hJ<h)hF5CJOJQJ\mH sH  6p@B<~"> d`gd~$d`a$gdkS$1d`1a$gd& 1d`1gd& $da$gdrB 1d`1gd& 1d`1gd&4^jlnp$(,046@B@B崭qbqbVhrBCJOJQJaJhn]wh$ CJOJQJaJhn]whCJOJQJaJhn]wh$(CJOJQJaJh6h$(OJQJh zOJQJhrBh|faOJQJ h[h[h[OJQJhrBh$(OJQJhrBhrBOJQJh6hrBOJQJhrBOJQJhrBhkSOJQJhkSOJQJhOJQJ:<V|~ $&(*,.02468>뷬뙎{ocToToToToToThOhkSCJOJQJaJh~CJOJQJaJhOCJOJQJaJhkSOJQJh6hLoOJQJh6h$(OJQJh6hrBOJQJh)hFOJQJh6h)hFOJQJhrBhrB6OJQJ!jhrBhEHOJQJU-jSH hCJUVaJmH nH sH tH hrBOJQJjhrBOJQJU>~ PTV@B$&ųug\Q\I\I\Q\Q\Ih9OJQJh6h6OJQJh6h$(OJQJh6h$(5OJQJ\hc5CJOJQJ\aJ"hchc5CJOJQJ\aJ"hch$(5CJOJQJ\aJhc5OJQJ\"hY`h$(5CJOJQJ\aJh6hK CJOJQJh$(CJOJQJhkSCJOJQJh6hulCJOJQJh6h$(CJOJQJ>RTVX|X"$p&&x)"+-d2 d`gdK  1d`1gdY` 1d`1gd&$1d`1a$gd&$1d`1a$gd& 1d`1gd& d`gdkS>>!!<#>###4$6$$$j%l%%%l&n&p&|&~&&&&''&'''V(X(((ݶݬrh6h {{CJOJQJh9h6@CJOJQJh9hK @CJOJQJh9h$(@CJOJQJhY`CJOJQJh9CJOJQJh6h$(5CJOJQJ\h6h6CJOJQJh6h$(CJOJQJh6h6OJQJh6h$(OJQJ,() *d*f*++,,----..//00V1X12222L3N3335555566677z7|777V8X8^8`8888888v:x:::;;d=f=>???L@N@h 5CJOJQJh6hgsCJOJQJhz,CJOJQJh6h {{CJOJQJh6h6CJOJQJh6h$(5CJOJQJ\h6h$(CJOJQJBd267 :ADFFHNJLNP@SXXXXXYZ[n\ & F1d^`1gd& 1d`1gd*! d`gd 5 1d`1gd 5 1d`1gd&N@T@V@@@AA B BBBC CCCDDDDDDjElErEtE F>FF GGGGGGZH\HIIJJnJJJJKKLLMM*N,NO2ODPFPPQ$Q&QRRSSSS0ThpCJOJQJhkSCJOJQJh*!h$(5CJOJQJ\h6h$(5CJOJQJ\h6h6CJOJQJhz,CJOJQJh6h$(CJOJQJB0T2TTTTTTT"U$U&U,UUUUUUUV VVVWWWXXXXXXXXXYY6YHYYY6Z8ZZZZZ0[2[6[8[<[>[\\\黱hY`CJOJQJh6h$(5CJOJQJ\h6hYCJOJQJhYCJOJQJh$(CJOJQJh6hKCJOJQJh6h6CJOJQJh8:CJOJQJh6h$(CJOJQJhOCJOJQJ6\\ \\\_ ___N`P`aa:cxxxxyyܳzz鴥}}ٴ<>fhԂƒ8:.0TVɼɼɼɼɯɼɼɥɼɕɼɼɼɼɼɼh6h$(5CJOJQJ\hY`CJOJQJh6h(~CJOJQJh6h6CJOJQJh6h$(CJOJQJhY`@CJOJQJhY`h6@CJOJQJhY`h$(@CJOJQJ:ԂVXDH (Px֥R6>>H$1d`1a$gd&$1d`1a$gd& 1d`1gd&$24P$&VX`bDH<tv6°zrg\\gh6h/DOJQJh6h6OJQJhY`OJQJh6hOJQJh6h$(OJQJ"hY`hY`5CJOJQJ\aJh6h$(5OJQJ\"hY`h$(5CJOJQJ\aJh$(OJQJh6h6CJOJQJh6hzCJOJQJh6h$(CJOJQJhY`h$(@CJOJQJ 6::>xz`b$&ښz|(H|~(*Сҡԡ "$PRnݱh6h$(H*OJQJh6hRyOJQJh6h/DOJQJh6h$(5OJQJ\h8:OJQJh6h6OJQJh6h$(OJQJh6h$(H*OJQJ>RTlnptvxƭ >\*.046:ڲvx "$(*,.0TVXZ\^`bڵܵNPʶ̶HVh6h<OJQJh6h$(5OJQJh6h$(5OJQJ\h6h$(H*OJQJh6h6OJQJh6h$(OJQJh6h$(6OJQJDH68ZR~,>P^R8f^& $1d`1a$gd&8JZ\Rb~~Txz"$,L8Jfh|~|~^`"$꽱h6h$(H*OJQJh6h65OJQJh6h$(5OJQJhY`OJQJh6h<OJQJh6h$(5OJQJ\h6h$(OJQJh6h6OJQJA.0 ,0rt8:"$,.~fz68h6h$(H*OJQJh6hzOJQJh6h.fOJQJhY`OJQJh6h$(5OJQJ\h6hKOJQJhD?OJQJh6h6OJQJh6h$(OJQJ>02,:<2B"$2< *>ӽӦ6!6Oϴ6ǰϴ6>CGlJNQ`XZZZ$1d`1a$gd& 1d`1gd# 1d`1gd& 1d`1gd&Z    !"!!!""##Z$\$&%:%% & &|&~&''((Z(v(((P)R)J*L*X+++B,D,,,,...2.6.....˾󬝎uuuuuh] WCJOJQJh#h#@CJOJQJh#h6@CJOJQJh#h$(@CJOJQJ"h#h$(5@CJOJQJ\h6hKHCJOJQJh6hulCJOJQJh6h$(5CJOJQJh6h6CJOJQJh6h$(CJOJQJ....//t0x000416133b33T5V566p7r777h8j888d9f999::<<<8===>>????@@TAVAC~"h+i:h$(5CJOJQJ\aJ"h+i:h+i:5CJOJQJ\aJh+i:h$(CJOJQJaJh6h&U1CJOJQJhACJOJQJh6h$(5CJOJQJ\h6h6CJOJQJh6h$(CJH*OJQJh6h$(CJOJQJ1CCDD`EbEHHI IJJ^K`KKK\MM$O&OPPPPRRSTzT|TTTTTUUVLVVVXXFZHZZZZZZZ櫞}hB5CJOJQJ\aJ"h)Nh)N5CJOJQJ\aJh6h)NCJOJQJh$(CJOJQJh6hICJOJQJh+i:CJOJQJh6hB=DCJOJQJh6h6CJOJQJh6h$(CJOJQJh6hoVCJOJQJ1ZZ0[2[^]a4dgikmJp"qxt{||>\Ή 1d`1gd&$ & F1d^`1a$gd&$1d`1a$gd& 1d`1gd&$1d`1a$gd&ZZZ[ [.[0[]]]]^^^_______6a8adbfbbb^c`cccddhhhhii~jjbldlZoyyyyyyyyyyyh6h6OJQJh6hTU5OJQJ\h6h65OJQJ\h6h$(5OJQJ\hBOJQJh6h$(OJQJh)Nh$(CJOJQJaJh)Nh)NCJOJQJaJh)N5CJOJQJ\aJ"h)Nh)N5CJOJQJ\aJ+Zo\onopoxozooo"qLqqqrrs s t txttttvvLwNwLxNxxxJyLyzz{{ ||||Z}\}}}N~P~>ڂ8:.0.0꼯ꕼ6$(5CϴB䴳ϴ66䴳ϴ6$(䴳ϴ6$(5Oϴ66ϴ&ϴ6$(ϴ64ϴ:0Ή:<BDFZ\̍ xzjl@BH  dҕԕVXZ\֗ؗܘޘ蕃ϴ"hBh$(5CJOJQJ\aJ"hBhB5CJOJQJ\aJh6h6CJOJQJh&OJQJh6h4OJQJhBOJQJh6h$(5OJQJ\h6h6OJQJh6h$(OJQJh6h$(CJOJQJ3 @BHḍl@VFb: $da$gd&$1d`1a$gd&$1d`1a$gd&$1d`1a$gd& 1d`1gd&$ & F1d^`1a$gd&ޘZ\0FHƚȚ68*,hj ڨܨʩ̩ʫ̫NPحڭVXڮܮʰ̰LN±ıF8:8:h6h6CJOJQJh6h$(CJOJQJh] WB*OJQJphh6h$(B*OJQJphh6h4OJQJh6h6OJQJh6h$(OJQJC:,.PRxz^`TVHJ.0lnJL.0 ȹh6h6B*OJQJphh6hnD%B*OJQJphh6h$(B*OJQJphhBOJQJh6hnD%OJQJh6h6OJQJh6h$(OJQJC:<HNN\ f0 1d`1gd& 1d`1gdB$1d`1a$gd&&<&H46<>.068܋666Oϴ2䴳ϴ64䴳ϴ66䴳ϴ6$(䴳ϴ#6$(6B*ϴp6$(6Oϴ66ϴ6$(ϴ6$"&("$<>Tnxz p~|~bdPR>@ꭠh6h6CJOJQJh6h$(CJOJQJh6hOJQJhpOJQJh6h$(B*OJQJphh6h$(6OJQJ]h6h$(OJQJh6h6OJQJ:>@LN vx,.tXbdr      j l fh`br괢h6hnD%OJQJh6h$(6OJQJ]#h6h$(6B*OJQJ]ph#h6h$(6B*OJQJ]phhpOJQJ h6h$(56OJQJ\]h6h6OJQJh6h$(OJQJh6hahmOJQJ6. n "&)*,<--$ & F T1d^`1a$gd!$1d`1a$gd&$1d`1a$gd&rBD  jlT` b ""<#>#&$($''**N+P+F,H,-d.t...~//ͻrh6h6CJOJQJh6hahmCJOJQJh6h$(CJOJQJh6hnD%OJQJh6h$(H*OJQJh6h6OJQJ"hph$(5CJOJQJ\aJ"hphp5CJOJQJ\aJh6h&OJQJh6h$(OJQJh6hnmOJQJ,--~/&2Z4679;J=AABBnDEFI^LlOS\V$1d`1a$gd&$1d`1a$gd& 1d`1gd&$ & F T1d^`1a$gd!//081112233z3|344889::;r;t;l<n<@@AAABBBBxCzCE.EnEpEFFHH~IIJJJJKKKKL곡h6hr\LOJQJh6h$(6OJQJ]"h!h$(5CJOJQJ\aJ"h!h!5CJOJQJ\aJh!h6@OJQJh!h$(@OJQJh6hnD%OJQJh6h$(OJQJh6h6OJQJ5LLLLLLLLPMRMMMNN.O0OOOPPQQRR$S&SUUVVFWHWWWXX Y"YYYZZZZZZ[[8[[]]^ ^^^ ` ` `(`f`aaPbRbdd(e깪h6h$(56OJQJ\h6h$(6OJQJh6hr\LOJQJh6h$(5OJQJh6h$(56OJQJh6h$(OJQJh6h6OJQJC\VZl_`>dfgklnxpss\t^tuxJ^Hڌr$1d`1a$gd&$1d`1a$gd&(e*e"f$fjglggh$h&hl lflhlllllmmPnRnnnoopp&p(pxppppfrhrsssssZt\t^ttꤙyqhIQOJQJhIQh$(5CJOJQJaJhIQhIQ5CJOJQJaJh6hIQOJQJh$(OJQJh6hnD%OJQJhiOJQJh6h$(5OJQJ\h6h$(56OJQJ\h6h$(56OJQJh6h$(OJQJh6h6OJQJ,tt v"vwwyyTzVzzzzz||z}|}"~$~~~^h 46΀Ѐ02tvrtȺȺȒh6h\nOJQJh6hx;OJQJh6h65OJQJ\h6hPb5H*OJQJ\h6hPb5OJQJ\h6hPbOJQJh6h?_OJQJh6h$(H*OJQJh6h$(OJQJh6h6OJQJ5t "$46:<$^`xzΛЛFHhj~̞Ξ.4>@ğƟʟ̟BDd"hCgh$(5CJOJQJ\aJ"hCghCg5CJOJQJ\aJh6he+OJQJhu1OJQJh6h^wSOJQJh6hL[bOJQJh6h6OJQJh6h$(OJQJ>r|~ΞО`pȩ6ްhz8$1d`1a$gd&$1d`1a$gd&df&(֭ TVıƱFH8:ԹֹPRº<>PRмҼTVнҽ־ؾ8: <>24꼪"hqh$(5CJOJQJ\aJ"hqhq5CJOJQJ\aJh6h$(H*OJQJhqOJQJhu1OJQJh6h$(OJQJh6h6OJQJC4$&xzVXTV\^ TV"$fhFH"$DF ph6h$(H*OJQJh6h$(5OJQJ\"hIqh$(5CJOJQJ\aJ"hIqhIq5CJOJQJ\aJh6h6OJQJh6h$(OJQJDlrpVX8Jx`Fn4 J & $1d`1a$gd&$1d`1a$gd&prJd46(*" `FBDx.0 `ZpnRTh6h$(5OJQJ\h6h$(5OJQJhIqOJQJh6hnD%OJQJhu1OJQJh6h$(56OJQJ]h6h$(H*OJQJh6h$(OJQJh6h6OJQJ@bdJL 6tv,. "b d   h j f h   & D    npvxh6h$(H*OJQJh6h$(5OJQJ\h6h$(H*OJQJh6h$(6OJQJ]h6h$(56OJQJ]h6h6OJQJh6h$(OJQJB& Px00!####|&z'()*+,.:/t1b2Z3$ & F 1d^`1a$gd'#} 1d`1gd&$1d`1a$gd&Z\0L.bd !"!!!""""#$#&#R#T#V#####H$J$H%J%%%|&&&&Ꟑh6h$(CJOJQJhIqh$(CJOJQJaJhIqhIqCJOJQJaJh6h$(H*OJQJhIqOJQJh6h$(5OJQJ\h6hnD%OJQJh6h$(56OJQJ]h6h$(OJQJh6h6OJQJ3&z''''(())))****4+6+++,,6-8---....:/@///t0v0z11V2X2n22F3H3L4N4T5h52848N8t88899f::::P;R;;;;;==l=n=,>J> ?"?x?z?@@b@A AAAC@CEh'#}OJQJh6h6OJQJh6h$(5OJQJ\h6h$(OJQJTZ34T55(66`77N889f:;=,> ?@@AEEEFFG&GGGHHHHXIZI JJrJtJjKlKzKK>ڲٱ*TTUUWXXYzYYY,Z[x\z\p]r](`ʸh6h$(B*OJQJphh6h6CJOJQJh6h$(CJOJQJ"h.Mh$(5CJOJQJ\aJ"h.Mh.M5CJOJQJ\aJh6h6OJQJh6h$(5OJQJ\h6h$(OJQJ8H J^NP*TUXXY,Z[^~`Vd@ehnjdloq4s:woppqqڰ4sstt@  H&(ܺܺܺܺh_*OJQJh6h6OJQJh6h$(OJQJh_*CJOJQJh6hHCJOJQJh6h$(CJOJQJhu1CJOJQJh6h6CJOJQJBҹz~* .4JH$1d`1a$gd& 1d`1gd&$ & F 1d^`1a$gd> 1d`1gd>$ & F 1d^`1a$gd>(<l8$ & F 1d^`1a$gdl7$1d`1a$gd& 1d`1gd&$1d`1a$gd& 1d`1gd_* 1d`1gd&NPR(prln(*Fr24NBD$&@b<24 ".ǼǔǔǔǔǼ򼱼򼱼򼱼򼱼򼱼hGOJQJh6h6CJOJQJh6h$(5CJOJQJ\h6h6OJQJh6h$(OJQJh6h$(CJOJQJh_*h$(CJOJQJaJh_*h_*CJOJQJaJh6h$(5OJQJ\7.0$&8 FHJLHJrtj.0BX"$ f|~b| $|ۺh$ &CJOJQJh$ &OJQJh6h$(5OJQJ\h6h6OJQJh6h$(OJQJh6h$(CJOJQJh6h6CJOJQJE8lv&jBb ,  $ & F 1d^`1a$gdG 1d`1gd&$ & F 1d^`1a$gd&$1d`1a$gd&|~,@vx&fh \  b j l 6 8 (*µµ§h6h$(5>*OJQJ\hu1OJQJhu1h$(5OJQJh6h$(5OJQJ\h$ &h6@OJQJh$ &h$(@OJQJh$ &h$(5@OJQJ\h6hHOJQJh6h$(OJQJh6h6OJQJ00vPRTH"Z.$ & F1d^`1a$gd&$1d`1a$gd& 1d`1gd&$ & F 1d^`1a$gdGjlZ\.0 "NPRTbd&!""~###@%B% &F&'' *"*++,,x-z-B.j.۸۸۸۟h6h$(5OJQJ\h6h$ &OJQJh$ &OJQJh$(OJQJh.OJQJh6h6OJQJh6h$(OJQJh6h6CJOJQJh6h$(CJOJQJ>.H&!!T"## &>(B..0J15b6;?6BCGIdLLLL$1d`1a$gd& 1d`1gd&$ & F1d^`1a$gd&j...2/4///V0X011J111224222445655566X7Z777P8R888>;;;;<<^>`>>>@@@@@@vAxAAA&C(CjDlDHHHHIIIIXJZJLKNKKKBLDLh$ &OJQJh6h6CJOJQJh6h$(CJOJQJh6h$(5OJQJ\h6h6OJQJh6h$(OJQJIDLjMlMvMMMVNXNNN2S4SSTTTTxVzVVVpWrWtYYYZZJ[[\\]]x^z^__``dafaTbVbbbJdLddefff,g.ggghhjj2k4kVkkkkllmݸݸh$ &OJQJh6h$(5OJQJ\h6h6CJOJQJh$ &CJOJQJh6h$(CJOJQJh6h6OJQJh6h$(OJQJELvMSWX4YtYJ[]`dejVk2pvtv}v<6$1d`1a$gd& 1d`1gd&$ & F1d^`1a$gd&mmnn$o&ooo2plpppqqrrvtvv wwxxzz{{|{~{T|V|V}X}~~  tvnp^`fhvLNVDF"< "h6hBOJQJh6h65OJQJ\h6h$(CJOJQJh6h$(5OJQJ\h6h$(OJQJh6h6OJQJHԑ xztv<f >DFĚƚԚښ4ѫzzzh6huOJQJmH sH h6hBOJQJh6hu5OJQJh6huOJQJh6h#eOJQJh6hB5OJQJh6hB56OJQJ]h6hdOJQJh6hB5OJQJ\h6hBOJQJh6h6OJQJ0@ d\ԥ֥إڥܥޥ$1d`1a$gd& 1d`1gd&$1d`1a$gd&4HJNPě 028:BDPrҜ؜ʟԟ<dJVdf68<>Ǽttth6hBOJQJhu1CJOJQJh6hyCJOJQJh6hu5CJOJQJh6huCJOJQJh6hyOJQJh6h6OJQJh6huOJQJmH sH h6hu5OJQJh6hBOJQJh$ &OJQJh6huOJQJ->֥ "$(0V<>,.&(\ЪҪԪުHJȬʬ¯į @tػrggh6hzhOJQJ"h$ &h$(5CJOJQJ\aJ"h$ &h$ &5CJOJQJ\aJh= 5CJOJQJ\aJh6h6OJQJh6h$(OJQJh6h$(5OJQJ\h$ &5CJOJQJ\aJ"h$ &h$ &5CJOJQJ\aJh$ &5OJQJ\h6hBOJQJ(  0TVZ\ҪԪ" 1d`1gd= $1d`1a$gd&$1d`1a$gd&t޲ >ȳʳ^`޸BZ$j^`̿ο 4Fprbdҷh6h9vOJQJh6hiLXOJQJh6h$(5OJQJ\h6h6CJOJQJh6h$(CJOJQJh6hzhOJQJh6h6OJQJh6h$(OJQJ<"2ʳB 4t@RDL$1d`1a$gd& 1d`1gd&$ & F C1d^`1a$gdxc$ 1d`1a$gdxc$ & F 1d^`1a$gdxc24@V02R~24Dt,.*,Ln&(|Z\`bFH^`踫h~OJQJh6h$(5OJQJ\h6h6CJOJQJh6h$(CJOJQJh6h$(6CJOJQJh6h9vOJQJh6h$(6OJQJh6h6OJQJh6h$(OJQJh6h$(H*OJQJ5L(~:(  1d`1gd&$1d`1a$gd&$1d`1a$gd&`~NP&bd $&$&68npdf^`BHJjh6h~OJQJh$(OJQJh6h9vOJQJh6h OJQJh6h$(5OJQJh~OJQJh6h$(H*OJQJh6h6OJQJh6h$(6OJQJh6h$(OJQJ9:<ln>@46t    l n    øøøøøøøøøëøøøøÓøøÈ}h6h^MOJQJh6h!OJQJh6ha1OJQJh6h6CJOJQJh6h$(CJOJQJh6h6OJQJh6h$(OJQJh6h$(5OJQJ\"h~h$(5CJOJQJ\aJ"h~h~5CJOJQJ\aJ1       ~LN<>Pn*,  $!&!x"z"#öh6h$(6OJQJh6h6CJOJQJh6h$(CJOJQJh6h$(6CJOJQJh6h$(5OJQJ\h6h^MOJQJh6h6OJQJh6h$(OJQJ;PT"#&,<.(16@fDF:KQ@Q4R6RSSSSSSTTh~h6@OJQJh~h$(@OJQJh~h$(5@OJQJ\h6hrOJQJh6h6OJQJh6h$(5OJQJ\h6h$(OJQJBTTTUUVVWWYYZZZZV[X[^^__n____``tavabJbLbbb&d(dee f fxfzf&g(ggghVhXh:inƑȔV:.&ںRRf. 02$1d`1a$gd&$1d`1a$gd&xtvHJ¢ĢTV~£ "X .Bfz|ƨ&J¬꩞h6h$(H*OJQJh6hp2OJQJh6h-OJQJh6h-5OJQJh6hIJ?OJQJh6h!OJQJhdOJQJh6h6OJQJh6h$(5OJQJh6h$(OJQJh6h`@OJQJ5ƭԭRTZ\bd:bd~JLP*PR.068>̺κں>ȱȱ6p25Oϴ6$(5Oϴ6?ϴ6$(*ϴ66ϴ6p2ϴ6!5Oϴ6!ϴ6$(ϴ<>ɥ*:<6r\^ .02譢s"hdh$(5CJOJQJ\aJ"hdhd5CJOJQJ\aJh6hOJQJh6hIJ?OJQJh6hp2OJQJh6h6OJQJhdh$(@OJQJh6h65OJQJh6h$(5OJQJh6h$(OJQJh6h$(H*OJQJ-26,$dfhlnprtv68:<$<FlnFp,.h6h$(5OJQJh6hIJ?OJQJh6h6CJOJQJh6h$(CJOJQJh6h6OJQJh6h$(OJQJh6h$(5OJQJ\C,f8Z$F>6 `    $1d`1a$gd& 1d`1gd&|~DF  hjVX$&6p*, pr, 8  ` r H J   * , R T z |        J prh6h$(H*OJQJh6h$(6OJQJh6h$(5OJQJh6h$(H*OJQJh6h6OJQJh6h$(OJQJI ^ `b>@!8$ &()`12<45J8:l>BACHI$1d`1a$gd&$1d`1a$gd&^`jl|~>  4!6!@!!!""##$$%$%&%øøøøìøøßøøøøzh6h[OJQJhnYh O@OJQJhnYh6@OJQJhnYh$(@OJQJh6h$(H*OJQJh6h6OJQJh6h$(OJQJ"hh$(5CJOJQJ\aJ"hh5CJOJQJ\aJh6hVq)5OJQJ\0&%j%%%%%t&v&((..H2J23344445 5(6*6"7$788889999::;;\<^<@>B>>>>>b??????J@L@AABB D DDDZG\GGGIIh6h#}jOJQJh6hITOJQJhoOJQJh6h$(H*OJQJh6h OOJQJh6h6OJQJh6h$(OJQJh6h[OJQJCIII LNLPLNNNNTTTTTT U UUUDWZWX>YY:<[\\\\J]f]]]]]^^__th5H*OJQJ\h6h$(6OJQJh6h$(H*OJQJh6h$(5OJQJh6hnOJQJh6h$(H*OJQJh6h6OJQJ"hnYh$(5CJOJQJ\aJ"hnYhnY5CJOJQJ\aJh6h2OJQJh6h$(OJQJ-IL LPLRLQX,Z\^ad*h4jLloBq"w\x |\}؃Ć$1d`1a$gd&$1d`1a$gd&_____dd`ebefeheeeffggbhthhhhhjjk kkkmmnnqqssntpthujuwwxxyy{{|||}}DF@B޿޷޿ެh6hpX9OJQJh6h[OJQJhDOJQJh6h$(H*OJQJhnYOJQJh6h6OJQJh6h$(OJQJh5H*OJQJ\h5OJQJ\:46:<rtPR܏ޏؑڑ HLH&(^ԙ֙8:ƻƻưݰư襻ݥݥݥh9:OJQJh6hJ9 OJQJh6hl(OJQJh6h[OJQJh6h OJQJh6h$(H*OJQJh6h6OJQJh6h$(OJQJh6h$(6OJQJ:LH2nܮJh"$^:d 1d`1gd&$1d`1a$gd&@B2pr(*xz^`֣أbdڧܧ.0*,تڪ^`ޮLNʯ̯Jl24 PR$tøøøøøøøøøøøøìøìøøøìøøøààààøh6h$(H*OJQJh6h$(6OJQJh6h6OJQJh6h$(OJQJh6h$(5OJQJh6hDF5OJQJh6h6CJOJQJh6h$(CJOJQJ?4  ,.fhjl"$8xzHJHJ^:r.Fh6h$(6OJQJh6h$(5OJQJ\h6h$(CJOJQJh6hDFOJQJh6h$(H*OJQJh6h6OJQJh6hP5OJQJh6h$(OJQJ?dNDjr\ 1d`1gd&$1d`1a$gd&$1d`1a$gd& Trt DF0Nǵzmzzmz["h9:h$(5@CJOJQJ\h6h6CJOJQJh6h$(CJOJQJh6h$(6CJOJQJh6h$(5OJQJ\"h9:h$(5CJOJQJ\aJ"h9:h9:5CJOJQJ\aJh6hE:5OJQJ\h6h6OJQJh H*OJQJh6h$(6OJQJh6h$(OJQJvtvjlV(*HJZrD8:BDööööh6h NCJOJQJh6h$(CJH*OJQJh6hCJOJQJh6h6CJOJQJh6h$(CJOJQJh6h$(5CJOJQJ\h9:h6@CJOJQJh9:h@CJOJQJh9:h$(@CJOJQJ/JL@B\hJL24 R T N P   "$ " L<Z|L|翭h6h$(5OJQJh6h$(OJQJ\"h9:h$(5CJOJQJ\aJ"h9:h9:5CJOJQJ\aJh6hROJQJh6h6OJQJh6h$(OJQJh6h$(5OJQJ\:6,,"#(+--&.(.63b4Z7099=@AC 1d`1gd&$1d`1a$gd&$1d`1a$gd&&(hj  b"d"##$$$$%%%%''J)L)f*h***(+*+++++&-f--$.&.(./h6h$(CJOJQJ"h9:h$(5CJOJQJ\aJ"h9:h9:5CJOJQJ\aJh6h NOJQJh9:OJQJh6h$(H*OJQJh6h6OJQJh6h$(OJQJ7/@/0022633355$6&66699R;T;@=B===J>L>Z?\?@@@AAAAANBPBBBDD@EBE$F8FFFGpGGG*I̡̹̭̖̖̊h6h$(5OJQJh6h+xOJQJh6h$(H*OJQJh6h$(6OJQJhyzOJQJh6h6OJQJh6h$(OJQJh6h6CJOJQJh6h$(CJOJQJh6h$(5CJOJQJ3CG*IJhKLPMLN0Q@SBSpSrSWY[_beg|kk$ & F T1d^`1a$gd9:$1d`1a$gd& 1d`1gd&$1d`1a$gd&*I4IJJJJVLXLLLLLjM|MMMMMMN*N,NLNVNNN$Q&Q0QRRBSnSpSSSNTPTWWXXYYZ Z[ͶͶͶͶ͗yh6h$(5OJQJ"h9:h$(5CJOJQJ\aJ"h9:h9:5CJOJQJ\aJh6h6CJOJQJh6h$(H*OJQJh6h6OJQJh6h$(OJQJh6h$(6OJQJh6h$(CJOJQJh6h$(6CJOJQJ.[(\R]T]8^:^__aabbeeffff&g(gggghBhDhhhkk\l^lmpnrnnnZo\opss0v2v.w0w*x,x2y4yzzz{{"|||}}*~,~fhööö章ܫh6hOJQJh6hOJQJh6h6CJOJQJh6h$(CJOJQJh6h$(H*OJQJh6h6OJQJh6h$(OJQJh6h$(5OJQJ\?krllmprRtXwz"|}~>ȃ8:<>$1d`1a$gd&$1d`1a$gd& 1d`1gd&$ & F T1d^`1a$gd9:h`b  z|24prxzdf6>@VXZ\ƶhThTOJQJaJh6hT5CJOJQJ\hT5CJOJQJ\h 5CJOJQJ\h6h 5CJOJQJ\h6h]I5CJOJQJ\hTOJQJh6h$(H*OJQJh6h6OJQJh6h$(OJQJ.>@BDFHJLNPRTVXZ|ΑБRƕ$1d`1a$gd&$1d`1a$gd& 1d`1gd&$1d`1a$gd&\^`bdfhjlnxz|Α68024624 "0VȘ ,Ϸ}"h |h$(5CJOJQJ\aJ"h |h |5CJOJQJ\aJh6h:OJQJh6h6OJQJh6h$(OJQJh6h,bCJOJQJh6h$(CJOJQJhTh$(OJQJaJhThTOJQJaJhTOJQJaJ-,z|"|̢ 1d`1gd&$ & F 1d^`1a$gd & F 1d^`1gd 1d`1gd$ & F 1d^`1a$gd$1d`1a$gd&,VΛ؛ڛbdDF"| ̢8:02$&$&֬جz8:jķķ秚皍tiih6hI/OJQJh6hbsOJQJh6h$(5OJQJ\h6h6CJOJQJh6h$(CJOJQJh6h$(6CJOJQJ]h |h6@OJQJh |h$(@OJQJh6h6OJQJh6hCaOJQJh6h$(OJQJh6h$(6OJQJ])ƧdBt  V$VlF$1d`1a$gd&jTV  t >@¿ $&  bd@BLNJlh6hdXxOJQJh6h$(H*OJQJh6h$(6OJQJ]h6hbsOJQJh6h$(5OJQJ\h6h6OJQJh6h$(OJQJDVh@B $4BD,.ltTVܷh6h$(H*OJQJh6hdXxOJQJh6h$(6OJQJ]h6h$(H*OJQJh6h$(5OJQJ\h6h6OJQJh6h$(OJQJCD FP:<BD "*,pr$24T܆{h6hCaOJQJh6hxOJQJh6h6CJOJQJh6h6ECJOJQJh6hECJOJQJh6h$(CJOJQJh6h$(H*OJQJh6hbsOJQJh6h6OJQJh6h$(5OJQJ\h6h$(OJQJ0~$D:  DP!%"'B)/V258<.? B"B$1d`1a$gd& 1d`1gd&|~DZj|,0^`: F         D`XZPn갥ꎥh6h+3OJQJh6h$(H*OJQJh6hpOJQJh6hxwGOJQJhyzOJQJh6hx5OJQJ\h6h$(5OJQJ\h6h6OJQJh6h$(OJQJh6hCaOJQJ8VX  !!""######l$|$D%F%%%((((B)R),,:,z,,, --/"/~//334455666677r8t8889999: :::r:t:;;<<hVOJQJh6h6EOJQJh6h$(5OJQJ\h6h2OJQJh6h$(H*OJQJh6h6OJQJh6h$(OJQJF<<<V>X>p>r>>>.?P???@@ A A"A$AAABB"BFBHBJBdBDDDDEEtFvF,G.GH&IBJLJKKpLrLLLL{h6hpOJQJh6h$(CJOJQJh6h[>CJOJQJ"h |h$(5CJOJQJ\aJ"h |h |5CJOJQJ\aJh6h$(H*OJQJh6h$(5OJQJ\h6h$(H*OJQJh6h6OJQJh6h$(OJQJ0"BHBJB(CCPDFFHBJK M^RTWY\]_g$ <1d`1a$gd& <1d`1gd&$ & F 1d^`1a$gd$1d`1a$gd&$1d`1a$gd&LLtMvM`OOHRJRvSSS.TT(UVVVVWWWW[[ \ \l]]h^^^^__:`<`ffxfzfffgghhRiTiiijkmm`obodpfpppZr\rrrsst tķh6hqH*OJQJhVh6@OJQJhVh$(@OJQJh6h$(5OJQJ\h6hqOJQJh6h$(OJQJh6h6OJQJCgjmrwz}`VhRhZ$ <#d^`#a$gd_$ <1d`1a$gd& twwdyfyyylznz{||| }}}}}}€`j "V^ĆƆ *,RT8:*  "Đ h6h$(H*OJQJh6h$(5OJQJh6h eOJQJh6h_OJQJh6h6OJQJh6h$(5OJQJ\h6h$(OJQJD4 `bޘԙ֙Ěƚ ؝ڝLNTV\^jl02R`LNhrΥХ<>rt*Zh̬άNPjl68Dh6h$(H*OJQJh6hX]sOJQJh6h$(5OJQJ\h6h6OJQJh6h$(OJQJNDZ\NҳNnpz|np,6  `d|~z|^`df$^h6h$(H*OJQJh6heOJQJh6hX]sOJQJh6h$(5OJQJ\h6h0OJQJh_OJQJh6h6OJQJh6h$(OJQJB,$<N P$ <1d`1a$gd&$ <#d`#a$gd_ "<JN^8:8:.0*,@ vx\^B PZ\RTĹh6hpOJQJh6heOJQJh6h6OJQJh6h$(H*OJQJh6h$(H*OJQJh6h$(OJQJh6h$(5OJQJ\DDFPZXln|~      ` b V X R T   : < T V    ɷh |OJQJ"h |h$(5CJOJQJ\aJ"h |h |5CJOJQJ\aJh$(OJQJh6heOJQJh6h$(5OJQJ\h6h$(OJQJh6h6OJQJ<        J    z ~$ <1d`1a$gd&$1d`1a$gd{Z 1d`1gd&$ & F 1d^`1a$gd_$ & F 1d^`1a$gd_$1d`1a$gd&$1d`1a$gd& N   8 :       > @ : < J     N P     V X z  x    th{Zh$(5@OJQJ\h6hc-OJQJh6h$(5OJQJ\"h{Zh$(5CJOJQJ\aJ"h{Zh{Z5CJOJQJ\aJh6hT65OJQJ\h6hc-5OJQJ\h6h6OJQJh6h$(OJQJh6h$(5OJQJ*z  *! # <' + - 0 \2 46 = H> > .@ 2B pC rC C C C D  <1d`1gd&$1d^1a$gdDM$ & Fda$gdDM$1d`1a$gd&$ <1d`1a$gd& & ( " $ ! ! *! 8! ! ! # # # # % % b& d& & & & & <' X' &) () ) ) * * + .+ h+ j+ + + - - |/ ~/ 0 0 1 1 \2 04 24 4 4 (6 *6 46 6 6 7 7 8 8 8 ȽȽȽȽ󽲽h6hpOJQJh{ZOJQJh|OJQJh6h6OJQJh6h$(OJQJh6h$(5OJQJ\h{Zh$(5@OJQJ\h{Zh6@OJQJh{Zh$(@OJQJ;8 8 9 9 9 9 ; ; ; ; 2> 4> ? ? @ @ A A B B pC rC C C C C C C D D E E hF jF G G BH DH K K M M ȶvivivivivivivih6h6CJOJQJh6h$(CJOJQJ"h{Zh$(5CJOJQJ\aJh{Z5CJOJQJ\aJ"h{ZhDM5CJOJQJ\aJ"h{Zh{Z5CJOJQJ\aJh6hDMOJQJh6hc-OJQJh6h$(H*OJQJh6h$(OJQJh6h6OJQJ)D jG I M VO R Z ~_ b c Rc c c i k m :p @t v x { V z T  & F <1d^`1gd& <1d`1gd&M M M P P Q Q |R ~R R R pS rS V V V V V :W _ ` ` a a Vb Xb 2e 4e g g h h i i rk tk l l vm xm (q *q s s Bu u u h6h$(5CJOJQJ\h{ZCJOJQJh"*CJOJQJh6h$(CJH*OJQJh6h6CJOJQJh6hUCJOJQJh6h$(CJOJQJBu u v v v :w w x x x x y y z z z z { { | | d| f| | | | | | | | | } } d} f} X~ Z~ D F € Ā  ( * > " 4 6 . 0  R   z ҋ ԋ P R 汿hMDCJOJQJh6h$(CJH*OJQJh=^`CJOJQJh6hUCJOJQJh6h$(5CJOJQJ\h6h$(CJOJQJh6h6CJOJQJBR H J Ȏ ʎ > @ @ h j V X H J $ & . 0 d f ޚ Z \  * , & (   l n " $ & , . 2 < @ F H h6hAhCJH*OJQJh6hAhCJOJQJh6h$(CJH*OJQJh6h$(CJH*OJQJh6hpCJOJQJh6h6CJOJQJh6h$(CJOJQJ:T ĕ  p , > B ­ j ޱ ~ 8  1d`1gd& <1d`1gd& b d Σ У L N " $ d x       Ұ ԰ J L : <     " " $ l n 侬"h{Zh{Z5CJOJQJ\aJh6h$(OJQJh6h$(CJH*OJQJh6h6CJOJQJh6h$(CJOJQJh6h$(6CJOJQJD   6 v r  h  `  j $ & F1d^`1a$gd&$1d`1a$gd&$1d`1a$gd&  6  6 b l  v b d  Z 0 2 P T n z  6 v x j hMDh$(5OJQJh6h$(5OJQJh6h$(H*OJQJh6hOJQJh6h$(5OJQJ\hMDOJQJh6h6OJQJh6h$(OJQJ"h{Zh$(5CJOJQJ\aJ:    4 6 8 J L ^ ` P R  ` x z T V ` $ & p Ѻźܧܙܧܧܧ܎~qdqdqdqܧhGh6@OJQJhGh$(@OJQJhGh$(5@OJQJ\h6hOJQJh6h$(5OJQJ\h6h6OJQJh,UOJQJh6h)OJQJh6h)5OJQJh6h0OJQJh6h$(OJQJh6h65OJQJh6h$(5OJQJ' P \  , * < r t  V j  " $ h j       z |   ( * . 0 p ܸܸܸܸܸܸܸܰܣܸܸܸܸܸܸܗ܏܏hGOJQJh6h$(H*OJQJh6h$(CJOJQJhEWOJQJh6h6OJQJh6h [OJQJh6h$(5OJQJ\h6h$(OJQJh6h$(5OJQJh6h65OJQJ7    0 , T     z @  2   $ $1d`1a$gd& 1d`1gd&$ & F1d^`1a$gd&p          d f       l n     , . " $ P R   H J z | b d x z     & (  X t h vOJQJh6hU$OJQJh6h$(H*OJQJh6h$(6OJQJ]h6h$(5OJQJ\h6h6OJQJh6h$(OJQJhGOJQJh6hSOJQJ 4> @ ߽߯h6h$(6OJQJ]h6h$(5OJQJ\hOtOOJQJh6h$(H*OJQJh6h$(OJQJh6h6OJQJh6h^>OJQJB$ ' * $- / 2 4 7 9 > D "J M M O 8V X Z \ \ h\ j\ c |f |g h j $1d`1a$gd&$1d`1a$gd&@ @ B B D E E E F F "J RJ K K vM xM M M VN XN hN jN N N N N O O pP rP P "Q fQ Q Q R R T T 0U 2U U U 8V bV "W $W ~Y Y Y Y tZ vZ [ [ [ [ [ [ \ \ ꡬh vOJQJh6hCfOJQJh6hNOJQJh6h$(5OJQJ\h6h6OJQJh6h$(6OJQJ]h6h$(H*OJQJh6h$(OJQJh6h SOJQJ<\ \ \ \ f\ h\ ] ] _ _ _ 6` Z` \` ` ` Ha Ja a a 4c 6c ^c `c fc hc d d e e fg hg |g g g g (h *h h h i i j j j k l l ̺yh6hCfOJQJh6h$(5OJQJh6h$(H*OJQJhLVOJQJh6h*)bOJQJh6h6OJQJ"hOtOh$(5CJOJQJ\aJ"hOtOhOtO5CJOJQJ\aJhOtO5CJOJQJ\aJh$(OJQJh6h$(OJQJ/j k m (r s :u Dw z ~ 6 T  H  @ $1d`1a$gd&gd@dgdK$1d`1a$gd&$1d`1a$gd&l |m ~m n n o Ho o o o o o o `p bp p p \q ^q q q q r (r @ B D F H L T վհueh@h 5CJOJQJaJh@h@5CJOJQJaJ h@h@h CJOJQJ\h@h CJOJQJ\h@OJQJ\aJh@h@OJQJ\aJh6h$(H*OJQJh6h6OJQJh6h$(OJQJh6h$(5CJOJQJ\h6h65CJOJQJ\%  " & ( * , . \ ^ H | , .    < > ` b   b d ~ ~ z |       l n hxOJQJh6h H*OJQJh6h 6OJQJh6h H*OJQJh6h6OJQJh6h OJQJh6h 5OJQJF  L h 2 ڱ & > 0  ( $ & F T1d^`1a$gd@ $da$gd@$1d`1a$gd&$1d`1a$gd& L V < > 4 6   T V > @ ʬ ̬ 2 @       > @ F H N P V X h6h H*OJQJ"h@h 5CJOJQJ\aJ"h@h@5CJOJQJ\aJh@OJQJh OJQJh6h 5OJQJh6h6OJQJh6h OJQJh6h H*OJQJ9  & D > \     T V H J f x X Z P R H J . 0 | ~  d f R T Ҿ"h_Lh_L5CJOJQJ\aJhxOJQJh6h 5OJQJh6h H*OJQJh6h 6OJQJh6h OJQJh6h6OJQJ> T f <  D $  z P 1d`1gd&$1d`1a$gd&$1d`1a$gd& f j l p r v   b d D , . $ F X     d f ֱֻֻֻֻ㚆~sh6h_LOJQJh OJQJh6h65OJQJhOJQJh6h 5OJQJh6h6OJQJhxCJOJQJh6h6CJOJQJh6h CJH*OJQJh6h CJOJQJh6h OJQJ"h_Lh 5CJOJQJ\aJ-  Z F z  ~ | B        1d`1gd&$ & F 1d^`1a$gd_L$1d`1a$gd& F Z z ~ T V , .    ~ f h 2 4   z | , . l n z | d f $ & , .     B D 4 6 ķķ讦hOJQJhH*OJQJh6h6CJOJQJh6h CJOJQJh6h6OJQJh6h 6OJQJh6h OJQJh6h H*OJQJA  (   J L V .  $" &" f" h" % & ) * * + $1d`1a$gd&$ & F 1d^`1a$gds$1d`1a$gd$1d`1a$gd&       H J 4 6               &" d" f" " " # # H$ J$ $ $ % % % % h& j& & & *( ,( ( ( L* IJꔂ"hsh 5CJOJQJ\aJ"hshs5CJOJQJ\aJh6h 5OJQJ"h89Ch 5CJOJQJ\aJ"h89Ch89C5CJOJQJ\aJhOJQJh6h H*OJQJh6h OJQJh6h6OJQJ3L* N* - - P. l. . / ^/ `/ Z0 \0 0 0 x1 1 3 3 3 3 N4 P4 5 5 46 B6 : : ; ; v< x< < < = = > > > > >@ @@ @A BA 4B 6B C C D "D D D E FE E F "F 4F 8F VF bF dF F F G G I J pJ ~J K K M FM M M h.{OJQJh6h 5OJQJh6h H*OJQJh6h 6OJQJh6h OJQJh6h6OJQJK+ L+ + , . x1 46 <8 8 8 69 9 .: : < > E F I pJ M VV jW $ 1d`1a$gds$1d`1a$gd&M M M N N P P Q Q R R T T V V VV ^V V V (W *W W W tX vX X X Y Y Z Z ~[ [ x\ z\ `^ b^ ^ ^ _ _ a a $a &a pc rc c c c c f f f f *g ,g g h j j j j k k l l l l n n o o &o 4o p p Bu Du ^u `u h.{OJQJh6h H*OJQJh6h6OJQJh6h 5OJQJh6h OJQJPjW X vY Z |] L_ b je g &o ~r &v w Fz { x} ΃ f · t — $1d`1a$gd&$ & F 1d^`1a$gdy`u u u x x x x y y ʆ ̆ І ҆ 6 8  * , 2 4 ¤ Ƥ Ȥ ̨ Ψ   ~ P ~ D r  : D F ľ ƾ    : $ @  0 h.{OJQJh6h 6OJQJh6h 5OJQJ jh6h OJQJhyOJQJh6h H*OJQJh6h OJQJF— P X  n Т 0 x أ ^ P D  j $ 1d`1a$gd&$ & F1d^`1a$gd&$1d`1a$gd&  $  B ` D >    B   $1d`1a$gd&0 B ^ ` > D j l n   l n T V  , . < >     L N        h6h H*OJQJh6h 5OJQJhOJQJhF ?OJQJhyOJQJhyh @OJQJhyh 6@OJQJh6h 6OJQJh6h OJQJ<  |      P    |  \! # ) - 3 n= > @ @ 1d`1gd&$1d`1a$gd&$ 1d`1a$gd&  J L R T \ P n  L z  *     T V         \! ! # $ ) b) - - - - j3 l3 p3 r3 < < n= = 6? 觴h6h H*OJQJ jh6h OJQJh}|h @OJQJh6h 6OJQJh6h 5OJQJh6h H*OJQJhF ?OJQJhOJQJh6h OJQJh6h CJOJQJ56? 8? >? @? ? ? @ &@ (@ .@ Z@ \@ F F tG vG G G G G G G H H K K L L N N dP fP @R `R (W RW j\ ] ] ^ _ _ _ ̺zmh6h CJOJQJh6h H*OJQJh6h 6OJQJh6h 5OJQJh`FOJQJh6h H*OJQJhOJQJ"hh 5CJOJQJ\aJ"hh5CJOJQJ\aJh v5CJOJQJ\aJh6h OJQJh=qOJQJ* @ \@ ^@ C E J L N @R U (W X JZ Z <[ j\ ] ^_ ` $ & F 1d^`1a$gd=q 1d`1gd&$ & F 1d^`1a$gd=q$1d`1a$gd&$1d`1a$gd&_ _ _ b "c Rc s s t t t t 8y :y y y Vz fz ~      6  4  " t Τ Ф  H f Ȳ jh6h OJQJh6h 6OJQJh<OJQJhuOJQJh@QOJQJh6h 5CJOJQJh6h H*OJQJh6h 5OJQJh6h CJOJQJhOJQJh6h OJQJ5` a b "c 6d g Xj l n Xp q u Vz ~ p D : 1d`1gd&$1d`1a$gd&$ & F 1d^`1a$gd=q$ 1d`1a$gd=q 1d`1gd=q$ & F 1d^`1a$gd=q: ^  v v    t R < ̥ H d ج h ڵ ̸ $1d`1a$gd& ܴ  Ҹ ƻ x ƾ d   P | < V      F B H b z | sh6h 6OJQJ^Jh6h OJQJ^J"hh 5CJOJQJ\aJ"hh5CJOJQJ\aJhOJQJh6h H*OJQJh6h 5OJQJhuW h OJPJQJ^Jh@QOJQJh6h 6OJQJh6h OJQJ- r ^ L < t    D 4 v $ B @  $1d`1a$gd 1d`1gd&$1d`1a$gd&| F z    * , . 0 2 4 6 8 : < > @ H d f :     ŻŻŻŻŻshR5CJOJQJ\aJ"h]{ h]{ 5CJOJQJ\aJhjh CJOJQJ\h~OJQJ\aJh~h~OJQJ\aJhjOJQJ^Jh6h OJQJ^JhCJOJQJh6h CJOJQJh6h 6OJQJh6h OJQJ( l * , H d f : h @ $ & F! 1d^`1a$gdj$ & F 1d^`1a$gdj 1d`1gd& 1d`1gd&$1d`1a$gd& 1d`1gd&  j $      b  j & ! # &% 1d`1gd&$ & F' 1d^`1a$gd #$1d`1a$gd&$1d`1a$gd&$ & F! 1d^`1a$gdj  D   j n % % d' @( , .- ,0 00 20 60 80 <0 R2 Z2 d2 p2 2 5 5 5 5 5 5 5 5 z> ? R? d? H H I I I I I I I I I I I I J J J J h6h OJQJmH sH h6h 6OJQJhEOJQJh6h H*OJQJh? OJQJh6h 5OJQJh6h CJOJQJhXiOJQJh6h OJQJ"h]{ h 5CJOJQJ\aJ6&% % p& d' @( z. l5 ? H "I xI I J 4J `J J J O tQ 6R .T $ & F1d^`1a$gd&$1d`1a$gd& 1d`1gd&$ & F" 1d^`1a$gd-jUJ .J 4J >J @J ^J `J jJ lJ J J J J J J J J J J J J K K K K K K $K &K ,K .K BK RK VK XK dK fK pK rK K K K K K K K K K K K K K K L L L L L L L "L *L ,L 6L 8L PL RL bL fL tL vL L L L L L L L L L L L L L L h6h H*OJQJmH sH h6h OJQJmH sH h6h OJQJTL L M M 8M :M FM HM RM TM hM lM rM tM M M M M M M M M M M M M M M M M M M M M N N N N N N N N (N ,N NN PN "O $O Q Q Q Q Q Q R R R R R "R .T hT vV xV V V X X X X X X X X X X \ h6h 6OJQJh6h H*OJQJh6h H*OJQJh6h OJQJh6h OJQJmH sH L.T T U XU U U BV BY [ t\ \ ] \] ] ] `^ ^ :_ j_ _ J` ` `  1d`1gd $ & F 1d^`1a$gd $1d`1a$gd&\ \ <] >] ] ] ] ] ^ ^ ^ ^ ^ ^ _ _ _ ` ` J` >a @a a ~b pc rc d d Bf Df j j k k l l l l m n n n zo o \p p p p bt vt v &w Zw jw y y { { h6h 6OJQJhj OJQJhOJQJh6h 5OJQJh? OJQJh6h OJQJmH sH h? CJOJQJh6h CJOJQJh6h OJQJh6h H*OJQJ9` a Ra a ~b c d e $g h i Lm s v y z { } " ~ ڇ & $1d`1a$gd& 1d`1gd&$ & F 1d^`1a$gd { } } } } " : < D ~ 6 8 z | 8 : & Z  "  Z  b $ <   j  6  Z J N d  & (    V ~ ĺIJhU LOJQJh? OJQJhbQAOJQJhbQACJOJQJh6h CJOJQJh6h 5OJQJh6h H*OJQJh6h 6OJQJh6h OJQJ@  l ʕ 8 ^ r j  J & ^ * 1d`1gd&$ & F, $1d^`1a$gdbQA$ & F, $1d^`1a$gdbQA$1d`1a$gd&* d ֭ & D : | ع  j ~ " ~  d 1d`1gd&$ & F#1d^`1a$gd&$1d`1a$gd&~   ~ " J L j l   n p T V    " $ & ( * n r t x z |   V X h6h H*OJQJ"hfeh 5CJOJQJ\aJ"hfehfe5CJOJQJ\aJhfeOJQJh6h H*OJQJh6h CJOJQJh? OJQJh6h OJQJhbQAOJQJ: 8 4   j H J  P " j b F $1d`1a$gd&$1d`1a$gd&$ & F#1d^`1a$gd&X & ( . 0   < D    L N  24v* 8 :$Z$$$V&X&((*(*|*~*yh6h H*OJQJ^Jh6h OJQJ^Jhfeh OJQJ^J"hfeh 5CJOJQJ\aJ"hfehfe5CJOJQJ\aJh6h 5OJQJh4OJQJhbQAOJQJh6h H*OJQJhfeOJQJh6h OJQJ/ H D  6 x 2 ^ "p$\  Zl$1d`1a$gd&dv* :$)*,.H1247:R<L>@BF GKNPS$1d`1a$gd&$1d`1a$gd&~***,,..H1f124>444~557799: :;;R<Z<==L>Z>@@RATAAA0B2BBBCCjElE G.GHHKKP PSSVVWW\ZlZ\\X`n`aaLgNggglhbuh 5OJQJhzsOJQJhfeh OJQJ^JhfeOJQJh6h 5OJQJhbQAOJQJh6h OJQJESJVVY\Z\X`xeghhjijjmrnHor $1`1a$gdzs$ & F( 1d^`1a$gdbQA$ & F( T1d^`1a$gdbu$ & F( T1d^`1a$gdbQA$1d`1a$gd&ll llllHo\oop.p0p4p6p:pq@qr ss(tuDuuvvvvvwwwxxyy{{ք "|h6h H*OJQJhOJQJh6h 6OJQJhfeOJQJhfeCJOJQJh6h CJOJQJh6h 6CJOJQJhzsOJQJh bIOJQJh6h 5OJQJhbuOJQJh6h OJQJhPOJQJ0rrsuuwyz}}~^~rք$ & F#1d^`1a$gd&$ & F)1d^`1a$gd&$1d`1a$gd&$ & F)1d^`1a$gd&$ & F)1^`1a$gdzs $1`1a$gdzs"ЅԅvVpVXRf"$ޘZ\fĜrHnŻŻŭŻţŕţŭŭŭţŭŁm&hWAh 5CJOJQJ\^JaJ&hWAhWA5CJOJQJ\^JaJh6h H*OJQJ^JhPOJQJ^Jh6h 5OJQJ^JhWAOJQJ^Jh6h OJQJ^J hWAh hfeOJQJh6h 5OJQJhOJQJh6h OJQJ)ք҅.vVR\rlnԮ.~$1d`1a$gd&$1d`1a$gd& BD2446TVjL *,*`"$"$8P祘xhPOJQJh6h CJH*OJQJh61CJOJQJh6h CJOJQJh6h 5CJOJQJh61OJQJh6h H*OJQJh6h H*OJQJh6h 5OJQJhWAOJQJh6h OJQJ jh6h OJQJ/~xn̾v^ jjL*8 1d`1gd& & F#1d^`1gd&$1d`1a$gd&$ & F* T1d^`1a$gd,f"$P>\ RVx $ 1d`1a$gd&$ & F+1d^`1a$gd&$1d`1a$gd&vx "$p " N P \ ^   < >   ^`fhbdh{h 5CJOJQJ"hWAh 5CJOJQJ\aJ"hWAhWA5CJOJQJ\aJhWAOJQJh{OJQJh6hWAOJQJh OJQJh6h H*OJQJh`OJQJh6h OJQJ2x  *pf $1d`1a$gd` $1`1a$gd`$1d`1a$gd&$ & F+1d^`1a$gd&$1d`1a$gd&0246PRjlnpDFJL*!,!n#p###n'p'''(t)))D*F***,,X-Z-./0/.00011R;ۻۻ۳۫۞ۖۻۻۻێۻۻhbdOJQJhCOJQJh6h CJOJQJh OJQJh`OJQJh6h H*OJQJh&OJQJh6h H*OJQJh6h OJQJh{h 5CJOJQJh{5CJOJQJ7 #&''<(((t))*-t.2845:<T==?@$ 1d`1a$gdC 1d`1gd&$1d`1a$gd&$1d`1a$gd` $1`1a$gd`R;T;<V<RCTCCCCCFDHDEEFF GrI4O6O"QRSS SSxSzSSSSSTTpUWW`ZbZ(]*]bbbb2g4gk\]湬~UhOJQJh6h H*OJQJh:h @H*OJQJh@OJQJh:h @OJQJhh @OJQJh6h H*OJQJh&OJQJh6h 5OJQJh6h OJQJh6h OJQJmH sH 1@B,E GrI\KM"QRpUVY[<]x^h_albcgPikV\\]$^^$1d`1a$gd:$1d`1a$gd&82O=8= ?0AB5@870A890AK 2 FAC;;0 0?0@K;K@: - 1CBC;:0;0@0 BN:F;<FH ?82O=8= ?0AB5@870A890AK; - ?82O=8= ?0AB5@87O 548;<OA8 (0EK= EOBB8=4O), A>9C4C;<0AK 2O 0A5?B8: HO@08B4O 1CBC;:0;0@0 4>;4C@C;<0AK. 82O4O ?0AB5@870A890 65-750!-4O 0?0@K;K@. 0AB5@87O <F44OB8 15-20 4O383O48@. 0AB5@87O 548;<8H ?82O=8= A0E;0=K;<0 <F44OB8 3 0940= 1 8;O 3O4O@48@. 20A  AO@8=;OH48@868 2O 07 A?8@B;8 8G:8 >;C1, GN@O: 2O <592O-M8;O<592O E0<<0;K=40= 5:AB@0:B;K <044O;O@8= AC;C <OI;C;C=C= =0B0<0< AF4 BC@HCAC=0 2O A?8@BO 3K63K@4K;<0AK=40= 0;K=K@. 20A 404;K 2O 18>;>J8 6OIOB4O= 4O9O@;8 AO@8=;OH48@868 8G:848@. 'N@O: :20AK=40 3-7% :0@1>I84@0B, 0,4-0,6% A?8@B 2O 0,2-0,4% BC@HC, 1, 2 2O  28B0<8=;O@8 20@4K@. 59D899OB;8 :20A 3OI2O98 @O=M;8 8G:8 >;C1, BO@:818=4O 07 <8340@40 GN@O: 3K@K=BK;0@K 2O <090 30;K3;0@K=40= 810@OB GN:F=BF >;0 18;O@. 'N@O: :20AK=K= B5<?5@0BC@C 120!, @O=M8 3OI2O98, GN@O: OB8@;8, 404K BC@H0H8@8=, 3C@C <044O=8= <8340@K 5,4-5,6%, A?8@B8= <8340@K 0,4-0,6%, BC@HC;CLC  100 <; :20A0 AO@D >;C=0= 1 =. 3O;O28 <OI;C;C=0 MN@O 2,5-3,5 >;C@. @30=>;5?B8:8 MNABO@868;O@8=4O= 0AK;K >;0@03 O;0 :59D899OB;8 (100-96 10;;) 2O 18@8=68 4O@O6O;8 :59D899OB;8 (100-87 10;;) >;C@. 200!-4O A0E;0=K;<0 <F44OB8 2 MF=4F@. 0AB5@87O >;C=<CH :20AK= A0E;0=K;<0 <F44OB8 3 094K@. 'N@O: :20AK=K 30@0=;K3, I020AK 90EHK 4O98H48@8;O 18;O= 0=10@;0@40 2-120!-4O A0E;09K@;0@. 02>440= 1C@0EK;0= MF=4O= 5B810@O= 0GK3 A0BKH40 'N@O: :20AK=K 2 MF=, >A:20 :20AK=K 5 MF=, !0L;0<;K3 :20AK=K 6 MF= A0E;0<03 >;0@. 5.6. ! " '/  !?8@B;8 8G:8;O@8= OA0A BOA8@54868 <044OA8=8 5B8; A?8@B8 BOH:8; 548@. B8; A?8@B8 2 FAC;;0 8AB5IA0; 548;8@: - BO188 5B8; A?8@B8=8 BO@:818=4O :0@1>I840@B;0@K G>E >;0= <OIAC;;0@40= A?8@BO 3K63K@<0 9>;C 8;O O;4O 548@;O@. !?8@B;8 8G:8;O@8= 8AB5IA0;K FGF= 8AB8D04O >;C=0= A?8@B8 :0@B>D, 4O=;8 18B:8;O@, <FEBO;8D <592O;O@, F7F<, GCLC=4C@, <5;0AA0 2O A. 1C :8<8 E0<<0;;0@40= 0;K@;0@. - A8=B5B8: FAC;;0 0;K=0= 5B8; A?8@B8. C=C =5DB 307;0@K=40= 2O 5B8;5=8= I84@0B0A890AK 8;O 8AB5IA0; 548@;O@. "O@:818=4O <FEBO;8D 30@KHK3;0@ >;4CLC=40= 90;=K7 B5E=8:8 <O3AO4;O@ FGF= 8AB8D04O 548;8@. 0@B>D40= 2O 4O=;8 18B:8;O@4O= A?8@B 0;<03 FGF= O22O;6O =8H0AB0=K HO:O@;OH48@<O: <O3AO48;O E0<<0;;0@K 4 0B<-40 2O 145-1550! B5<?5@0BC@40 18H8@8@, 20-22>!-9O 3O4O@ A>9C4C@, F7O@8=O <090 MN1O;O:;O@8 O;02O 5481 3K63K@4K@;0@. K63K@K1 95B8H<8H :FB;O4O= 3>2<0 9>;C 8;O A?8@B8 09K@K1 BO<87;O98@;O@. B8; A?8@B8=8= :59D899OB8=8 9>E;04K340 >=C= BF=4;F9F 2O :O=0@ 30BKHK3;0@K= <8340@K BO98= 548;8@. 59D899OB8=O MN@O 5B8; A?8@B8 5:AB@0, O;0 2O 1-68 A>@B0 09@K;K@. B8; A?8@B8=8= IO6<O MN@O <8340@K D087;O C9LC= >;0@03 96,5; 96,2 2O 96%-48@. O=M8 HODD0D, 404 2O 898 1CL40 2O :0@B>D40= I07K@;0=<KH 5B8; A?8@B8=O C9LC= >;C1, :O=0@ 404 2O 89 25@<O<O;848@. $878:8-:8<9O28 MNABO@868;O@8=4O= 0;45I84;O@8=, A82CH 90L;0@K=K=, 5D8@8= 2O AO@1OAB BC@HC;0@K= <8340@K AB0=40@B F7@O <OI4C4;0H4K@K;K@. "O<87;O=<8H @5:B8D8:0B A?8@B 0@0LK= 2O <FEBO;8D BF=4 8G:8;O@8= 8AB5IA0;K=0 AO@D >;C=C@. @03 8AB5IA0; 5B<O: FGF= @5:B8D8:0B A?8@B <FO99O= 6>4;CLC >;0= AC 8;O 30@KH4K@K;K@, 0:B82;OH48@8;<8H :N<F@4O= :5G8@8;81 BO<87;O=8@ 2O D8;B@4O= AF7F;F@. 40%-;8 9F:AO: :59D899OB;8 EFACA8 0@03;0@K @5:B8D8:0B A?8@B4O=, 30;0=;0@K 8AO O;0 :59D899OB;8 @5:B8D8:0B A?8@B4O= I07K@;09K@;0@. "F=4;F9F=O MN@O 0@03;0@ 40, 45, 50 2O 56%-;8 8AB5IA0; 548;8@. "O@:818=4O 40% A?8@B >;0= 0@03;0@40= 09B0EB, %FACA8 >A:20 0@0LK, (0I<0B, :AB@0, @8AB0;-4784@09A, !OD8@, 5=8, CL40, NI=O@CA 0@0LK 2O A., 45% A?8@B8 >;0= 0@03;0@40= !818@, 8@C-20;35, #:@09=0 3>@8;:0AK, 5B@>3@04, BO@:818=4O 50 2O 56% A?8@B8 >;0= 0HE0=0 0@03;0@K 8AB5IA0; 548;8@. 5=8 0@03;0@K= G5H848=4O= =8A>2090 >A>1090, 8:B>@890, 5@J02=090, 25740 >AA88, >;>B>5 :0;A>, =907 !5@51@90?=K9, @;>2A:090 A0@A:090, >AA89A:090 :0@>=0, !B0@090 >A:20, CJA:>5 4>AB>8=AB2>, "25@, '0@:0, "C;A:090, #@0;A:090 2O A. 0:K HO@01 702>4C ! 1 >;>B>5 :0;A>, >A:>2A:090, <?5@80;, (0I, 450;, CAA:090, >?C;90@ 2O A.; 0:K HO@01 702>4C !2 -;0A, ->;45= @8=A5, ->;45= 8=3, >AA, ;530=B, -;0480B>@, ><5@A0=B, >@>;, 0BC@0;, 0@B=5@, @5<8C<, @5AB8J5, H5=8G=090, CAA:090, "8B0=8: 2O A.; (0<?0= HO@01;0@K 702>4C 0:K, @8;;890=B, 8?;><0B, :AB@0, ->;4 !B0@, ->;45=, C:A, !C?5@, H5=8G=090, CAA:090 2O A.; %O90; )>;48=3 D8@<0AK '>@=090 AB@5;0, 59B5=0=B, 5<1>, !C109, (8@ AC4C; -O=AO (O@01-2 ! 4<8@0;, 0:K, B0;>=, >@@840, >@0B, 8@8; !C, @87; ;:> " D8@<0AK 0@48=0;, >=3@5AA, >=AC;, :AB@0, %% OA@, ?O: >;C, 8=-8@ -56O, 8@0J, (O@3 #;4C7C, !5=0B, !0;9CB 04;0@K=40 0@03 8AB5IA0; 5481 A0BKH0 25@8@;O@. %0@868 N;:O;O@4O= @5A?C1;8:090 >A:>2A:090 3C15@=890, >A:>2A:090 >A>1090, !5< $CB>2, !B>;8G=090, $;03<0=, (CAB>2, !B0@><>A:>2A:090 (B>D, 5<8@>DD, !0< !>=, 04>30 !0@A:090, 5B5@1C@3, 820, CB8=:0, !0@A:>5 !5;>, 0@;0<5=B 2O A. G5H844O 0@03;0@ 40E8; >;C@. -NABO@8;O= 0@03;0@ @O=MA87, HODD0D, GN:F=BFAF7, HFHO=8= 4820@;0@K=40 6>4 4C7;0@K= IO;3O20@8 ;O:OA8 >;<0<0;K, E0@0:B5@ 404 2O OB@O <0;8: >;<0;K4K@. B8; A?8@B8=8= IO6<O MN@O <8340@K 0@0LK= G5H848=O C9LC= >;<03;0, 0@BK3-OA:8:;8: 09@K-09@K 1CBC;:0;0@ FGF= 0,2%, 20 1CBC;:0 FGF= 8AO 0,1%-4O= G>E >;<0<0;K4K@. !B0=40@B;0@40 0;45I84;O@8=, A82CH 90L;0@K=K= 2O <F@O::O1 5D8@;O@8= <8340@K <OI4C4;0H4K@K;K@. 8:N@-0@03 <O<C;0BK BF=4 A?8@B;8 8G:8 >;C1 A?8@B;8 H8@O;O@8=, <>@A;0@K=, =0AB>9;0@K=, OB8@;8 A?8@B8=, @5:B8D8:0B A?8@B8=, HO:O@ HO@1OB8=8=, AC 2O 10H30 E0<<0;;0@K= 30@KH4K@K;<0AK=40= 0;K=K@. 8:N@-0@03 <O<C;0BK 8AB5IA0;K=40 O;0 @5:B8D8:0B 5B8; A?8@B8=4O=, 3C@C4C;<CH <592O-M8;O<592O;O@4O=, OB8@;8 18B:8;O@4O=, O42899O;O@4O=, A8B@CA <592O;O@8=8= 301KLK=40=, HO:O@ 2O 6>4;CLC 07 >;0= 8G<O;8 AC40= 8AB8D04O 548;8@. /;02O E0<<0;;0@40= F728 BC@HC (;8<>=), A?8@B4O IO;; 548;<8H 5D8@ 90LK (3K7K;MF;, =0=O, ;8<>= 2O A.), OB8@;8 2O 1>90 <044O;O@8 8H;O48;8@. OIAC;0 8=B5=A82 @O=M 25@<O: FGF= 30@0M8;O <>@AC (BF=4 3K@<K7K), 3O=4 90=KLK (3OI2O98) 8H;O48;8@. O78 ;8:N@-0@03 <O<C;0BK=K= 8AB5IA0;K=40 :>=90:, ?>@B259= HO@01K, BF=4 ?82O, BO188 3OI2O, 10; 2O A. <OIAC;;0@ 40 AO@D 548;8@. 8:N@-0@03 <O<C;0BK=K= G5H848 280-4O= G>E4C@ 2O 12 3@C?0 1N;F=F@. 8:N@;O@  10H30 8G:8;O@4O= 9F:AO: OB8@;8;898 2O 5:AB@0:BK 8;O DO@3;O=8@. 8:N@F= 2OBO=8 $@0=A0 I5A01 548;8@. "O@:818=4O >;0= A?8@B8= 2O HO:O@8= <8340@K=0 MN@O BF=4, 45A5@B 2O :@5< ;8:N@;O@O 1N;F=F@. 1. "F=4 ;8:N@;O@8 OA0AO= 5D8@ 90L;K E0<<0;;0@40= 0;K=<KH =0AB>9:0;0@ 2O OB8@;8 A?8@B;O@ OA0AK=40 I07K@;09K@;0@. "O@:818=4O IO6<O MN@O 30-45% A?8@B, 100 <;-4O 32-50 3@ HO:O@ >;C@. 5=548:B8=, (0@B@57, @8AB0; 2O E> G5H848 20@. 2. 5A5@ ;8:N@;O@8  OA0AO= <592O-M8;O<592O <>@A;0@K 2O H8@O;O@8=4O= 0706K3 OB8@;8-O42899O E0<<0;K O;02O 5B<O:;O I07K@;09K@;0@. "O@:818=4O 25-30% A?8@B 2O 35-50 3@/100 <; HO:O@ >;C@. (>:>;04;K, K7K;MF;, C18;59 ;8:N@;O@8= 404K H8@8=, G>E 20EB BC@H0H8@8= >;C1, C9LC= <592O=8=, 10;K=, 3OI2O=8= 2O :0:0>=C= 404K=K 25@8@. 3. @5< ;8:N@;O@8= 8AB5IA0;K FGF= A?8@B;O=<8H <592O-M8;O<592O H8@O;O@8, OB8@;8 A?8@B;O@ 2O =0AB>9;0@ 8H;O48;8@. "O@:818=4O 20-23% A?8@B, 50-60 3@/100 <; HO:O@ >;C@. '89O;O:, >@C3, /@8:, ;10;K :@5< ;8:N@;O@8 1C@0EK;K@. 4. 0;82:0;0@K (A?8@B O;02O 548;<8H H8@O;O@)  A?8@B;OH48@8;<8H H8@O 2O <>@A;0@40= I07K@;09K@;0@. C=;0@K= BO@:818=4O 18-30% A?8@B, 0,2-1,0 3@/100 <; F728 BC@HC 2O 28-40 3@/100 <; HO:O@ >;C@. >@C3;C, 0@0 30@0L0B;K, 5HO, K7K; ?09K7, !?>BK:0G 2O 0?5:0=:0 =0;82:0;0@K 1C@0EK;K@. 5. C=H;0@  B>=87O54868 8G:8 >;C1 I8=4 AN7F ?8=G - 9O=8 15H <O=0AK=K 40HK9K@. /22O;;O@ ?C=H I07K@;0<03 FGF= 15H :><?>=5=B4O=  AC, HO:O@, @><, G09 4O<8 2O ;8<>= H8@OA8 8AB8D04O 548;8@48. !>=@0;0@ @>< O2O78=O :>=90:, 28A:8, 0@03 2O 48MO@ BF=4 8G:8;O@ AO@D 548;48. C=H I07K@;0<03 FGF= A?8@B;OH48@8;<8H <592O-M8;O<592O H8@OA8 2O <>@A, A?8@B;8 =0AB>9, O;0 :59D899OB;8 A?8@B, AC, HO:O@ HO@1OB8, ;8<>= BC@HCAC, :>=90:, ?>@B259= B8?;8 HO@01, O42899O;O@4O= <8EO:, 40@GK=, I8;, 7ODO@0=, <CA:0B 6N2F7F 2O A8B@CA <592O;O@8=8= 301KLK 8H;O48;8@. "O@:818=4O IO6<O MN@O 15-20% (17%) A?8@B, 33-40 3@/100 <; HO:O@ 2O 0,1-3 3@/100 <; BC@HC >;C@. C=H;0@K 8G48:4O >=;0@K 8AB8 G09, A>9C3 307;K AC 2O 90 309=0@ AC 8;O 30@KH4K@K@;0@. /22O;;O@ 0:K40 ODO@0=, $59E>0, ;10;K 2O 48MO@ 04;0@40 ?C=H 8AB5IA0; >;C=C@4C. 0AB>9:0;0@ OA0AO= A?8@BO 90BK@4K;<KH <592O-M8;O<592O H8@O;O@8=4O= I07K@;0=K@. !?8@B8= 2O HO:O@8= <8340@K=0 MN@O H8@8=, 90@K<H8@8= 2O 06K =0AB>9:0;0@ 20@4K@. 6. (8@8= =0AB>9:0;0@K= BO@:818=4O 16-24% A?8@B, 8-30 3@/100 <; HO:O@, 0-0,9 3@/100 <; BC@HC >;C@. 7. 0@K<H8@8= =0AB>9:0;0@K= BO@:818=4O 30-40% A?8@B, 9-10 3@/100 <; HO:O@, 0-0,8 3@/100 <; BC@HC >;C@. 8. 0@K<H8@8= BF=4;F9F 07 >;0= =0AB>9:0;0@ 048 =0AB>9:0;0@40= BO@:818=4O A?8@B8= 07 >;<0AK=0 MN@O DO@3;O=8@;O@. "O@:818=4O 20-29% A?8@B, 4,5-8 3/100 <; HO:O@ >;C@. 9. 6K BF=4;F9F 07 >;0= =0AB>9:0;0@K I07K@;0<03 FGF= OB8@;8 >B, B>EC< 2O A. 1C :8<8 18B:8 E0<<0;K=40= 0;K=<KH =0AB>9, OB8@;8 A?8@B, 5D8@ 90LK 2O 10H30 OB8@;8 <044O;O@4O= 8AB8D04O 548;8@. "O@:818=4O 25-28% A?8@B, 0,5 3@/100 <; HO:O@ >;C@. 10. 6K =0AB>9:0;0@K 2O 10;70<;0@K OA0AO= 5D8@ 90L;K 2O O42899O OB8@;8 E0<<0;;0@40= 8AB5IA0; 548@;O@. C 8G:8;O@4O 30-60% A?8@B 2O 0-0,5 3@/100 <; HO:O@ >;C@. 04K 06K 2O 90=4K@K6K >;C@. 0@0 830 10;70<K=K I07K@;0<03 FGF= 15-20 <FEBO;8D 18B:8 E0<<0;K=40= 8AB8D04O 548;8@. 0;70<;0@K AC 8;O 30@KH4K@K1 8G8@;O@. !B0@:0, C1@>2:0, 25@>1>9, #:@09=0 06K =0AB>9:0;0@K, CA, K@LK7 @0H0= 10;70<;0@K 8AB5IA0; 548;8@. 11. 5A5@B 8G:8;O@ BO@:818=O MN@O H8@8= =0AB>9:0;0@0 90EK=4K@, ;0:8= BO@:818=4O A?8@B8= =8A1OB8 07 (12-16%) 2O HO:O@8= G>E >;<0AK=0 MN@O 9F=MF; 2O OB8@;848@. "O@:818=4O 14-30 3@/100 <; HO:O@, 0,2-1,0 3@/100 <; BC@HC >;C@. 12. ?5@0B82;O@  BF=4;F9F 15-35% >;0= BF=4 A?8@B;8 8G:8 >;C1 BO@:818=4O 4-13 3@/100 <; HO:O@, 0-0,5 3@/100 <; BC@HC >;C@. ?5@0B82;O@8= BO@:818=4O >@30=87<O B>=87O54868 BOA8@ MNABO@O= 4O@<0= 18B:8;O@8 2O :N:;O@8=4O= 0;K=0= =0AB>9:0 >;C@. 8:N@-0@03 <O<C;0BK=0 28A:8 2O @>< 40 084 548;8@, ;0:8= >=;0@K= 8AB5IA0; B5E=>;>M890AK 0@03 2O :>=90: 8AB5IA0;K=0 >EH09K@. 8A:8  BF=4 A?8@B;8 8G:8 >;C1 4O=;8 18B:8;O@4O= 0;K=0= 5B8; A?8@B8=8= 40E8;8 BO@OD4O= :N<F@;OH48@8;<8H ?0;K4 GO;;O:;O@4O 4-10 8; A0E;0=K;K1 95B8H48@8;<OA8=4O= O;4O 548;8@. 0;K4 GO;;O:4O 28A:8=8= A0E;0=K;<0AK =OB86OA8=4O >=C= BO@:818=4O 0HK <044OA8, BC@HC;0@, 0;45I84;O@, <F@O::O1 5D8@ O<O;O MO;8@ :8, 1C=;0@ 28A:89O N7F=O<OEACA 404 25@8@;O@. 04K=K 2O @O=M8=8 90EHK;0H4K@<03 FGF= F7O@8=O :>;5@ 2O HO:O@ HO@1OB8 O;02O 548;8@. "O@:818=4O 45% A?8@B >;C@. %0@868 N;:O;O@4O= @5A?C1;8:090 ;>=B0@B, -;5=D0@6;0A, )0@B @>BI5@A, 060;;0=, 0E8<8A G5H848=4O 28A:8 40E8; >;C@. ><  HO:O@ 30<KHK ?0B:0AK=40= 0;K=<KH 5B8; A?8@B8=8= ?0;K4 GO;;O:;O@4O 95B8H48@8;81 F7O@8=O 3O=4 90=KLK (:>;5@), 30@0 M020;K <>@AC, 5B8;0A5B0B 2O 5B8;1CB8@0B O;02O 5B<O:;O I07K@;0=K@. "O@:818=4O 45% A?8@B, 2% HO:O@ >;C@. ><40= :>:B59;, ?C=H, ;8:N@, 4>=4C@<0 2O 3O==04K <O<C;0BK 8AB5IA0;K=40 8AB8D04O 548;8@. %0@868 N;:O;O@4O= MOB8@8;O= @><;0@40= ;5<5=B 2O -01@85; & =4@5w MNABO@<O: >;0@. >:B59;  A?8@BA87 2O A?8@B;8 >;<03;0 2 3@C?0 1N;F=F@. !?8@B;8 :>:B59;8= BO@:818=4O 20-40% 5B8; A?8@B8 2O 0-24 3@/100 <; HO:O@ >;C@. 8=  BF=4 A?8@B;8 8G:8 >;C1 BO@:818=4O 45% 5B8; A?8@B8 >;C@. /B8@;8-O42899O 18B:8;O@8=8= AC-A?8@B =0AB>9C=C= 3>2C;<0AK=40= (48AB8;;OA8=4O=) 0;K=K@ 2O <FB;O3 0@4K6 M8;O<592OA8 O;02O 548;8@. %0@868 N;:O;O@4O= MOB8@8;O= 68=;O@4O= 8B045;;5 2O 0E8<A MNABO@<O: >;0@. 8:N@-0@03 <O<C;0BK=K= :59D899OB MNABO@868;O@8 9>E;0=0@:O= O22O;6O B0@0=K= 2O 1CBC;:0=K= E0@868 MN@F=FHF, 5B8:5BO 25@8;O= BO;O1 2O 8G:8=8= 0EK1-0E<0<0AK=0 D8:8@ 25@8;8@. @03 2O ;8:N@-0@03 <O<C;0BK 4>;4C@C;<CH 1CBC;:0;0@ BO<87, 1FBN2, 5B8:5B8 4F7 90?KH4K@K;<KH 2O 6K@K3 >;<0<0;K4K@, <5B0; 30?0340 702>4C= <NIF@F G>E 094K= MN@F=<O;848@. CBC;:0;0@0 MF= 8HKLK=40 (8HK3-5:@0=40= 8AB8D04O 5B<O: 40I0 O;25@8H;848@) 10E4K340 8G:8 HODD0D 2O @O=M8 094K= >;<0;K4K@, GN:F=BF, 0AK;K I8AAO68:;O@ 2O 1C;0=K3 >;<0<0;K4K@. CBC;:040:K <OI;C;C= (8G:8=8=) 4F7MF=;F9F=F 9>E;0<03 FGF= >=C N;GF;F A8;8=4@O BN:<O: ;07K<4K@. !?8@B 2O 0@0LK= @O=M8=8 2O HODD0D;KLK=K 9>E;0<03 FGF= 10 <; MNBF@F1 BO<87, @O=MA87 0L AK=03 HFHOA8=O BN:F@ 2O IO<8= <8340@ 48AB8;;O AC9C 8;O <F3098AO 548@;O@. C FAC;;0, IO<G8=8= @O=MA87 ;8:N@-0@03 <O<C;0BK=K= HODD0D;KLK 40 9>E;0=K;0 18;O@. !?8@B8= 404 2O 898=8 BO98= 5B<O: FGF= >=C 30% BF=4;F9O 3O4O@ B5<?5@0BC@C 2020! >;0= 8G<O;8 AC 8;O <F:O<<O; 30@KH4K@K1 A>=@0 4O@I0; BO4383 548@;O@. C 70<0= 453CAB0A890 >;C=0= =F<C=O;O@8 O;4O >;0= A?8@B 5B0;>=;0@K 8;O <F3098AO 5B<O: <OA;OIOB MN@F;F@. /22O;6O 9F:AO: :59D899OB;8 =F<C=O;O@8= 404 2O OB@8 9>E;0=K;K@. 8:N@-0@03 <O<C;0BK=K= 404 2O OB@8=8 9>E;0<03 FGF= 70=103HO:8;;8 453CAB0A890 3O4OI;O@8=4O= 8AB8D04O 548;8@. C 70<0= 404K= E0@0:B5@8 (H8@8=, BC@H0H8@8=, O42899O;8, 06K, 90=4K@K6K, 9C<H03 2O A.), 404K= I0@<>=8:;898 2O B0<;K;KLK, A?8@B8= 0AA8<8;90A890 548;<OA8, OB8@;8 2O 10H30 <044O;O@8= >;<0AK <FO99O= 548;8@. O<C;0BK= B5<?5@0BC@C 18-200! >;<0;K4K@. 8:N@-0@03 <O<C;0BK=K= :59D899OB8 10 10;; A8AB5<8 8;O 389<OB;O=48@8;8@. 04K=0 4 10;;, OB@8=O 4 10;; 2O @O=M8=O 2 10;; 389<OB 25@8;8@. !0BKH0 25@8;O= 048 0@03;0@ 7,5 10;;40=, 50%-;8 2O >A:20 EFACA8 0@0LK 8,5 10;;40=, :AB@0 B8?;8 0@03;0@ 8AO 9 10;;40= 9F:AO: 389<OB;O=48@8;<O;848@. $878:8-:8<9O28 MNABO@868;O@8=4O= A?8@B8= <8340@K, 5:AB@0:B;K <044O=8= 2O 90 3C@C <044O=8= <8340@K, F<C<8 HO:O@, F<C<8 BC@HC;C3 <FO99O= 548;8@ 2O IO<8= MNABO@868;O@ 3F22O4O >;0= AB0=40@BK= 2O 90 B5E=8:8 HO@B;O@8= BO;O18=O C9LC= >;<0;K4K@. AB5IA0; 70<0=K 6>4 AC40= 8AB8D04O 548;<OA8 <O<C;0BK= 1C;0=K3;0H<0AK=0 AO1O1 >;C@. @03 2O ;8:N@-0@03 <O<C;0BK=K BO<87, HODD0D 1CBC;:0;0@0 301;0H4K@K@;0@. 8:N@, =0;82:0 2O =0AB>9:0;0@K, IO<G8=8= D83C@;C HFHO, 3@0D8= 2O 10@403 D>@<0;K G8=8 2O A0EAK 301;0@0 4>;4C@C@;0@. @03;0@K 0,25; 0,5; 0,75; 0,8 2O 1 ;8B@ BCBC<;C HFHO;O@O, IO4899O FGF= 0,05; 0,1 2O 0,2 ;8B@ BCBC<;C :8G8: HFHO 1CBC;:0;0@0 301;0H4K@K@;0@. 8:N@-0@03 <O<C;0BK=K 0,76 ;8B@ BCBC<;C 90@K<0L HFHO;O@O, 0,25; 0,38 2O 0,5 ;8B@ BCBC<;C 4F7 HFHO;O@O 4O 301;0H4K@K@;0@. C <O<C;0B 30?0LK 28=B20@8 30?03;0 N@BF;O 18;O= IO4899O 1CBC;:0;0@K=0 40 4>;4C@C;0 18;O@. @03 1CBC;:0;0@K=K= 0L7K=0 0;F<8=8C< D>;3040= 30?03 N@BF;F@. C=;0@K= 8GO@8A8=O A5;;>D0=;0 N@BF;<FH :0@B>=40= 0AB0@ 3>9C;<0;K4K@. 09B0EB 0@0LK FGF= 3K7K;K @O=M4O D>;30 8H;O48;8@. 8:N@-0@03 <O<C;0BK 301;0H4K@K;0= 1CBC;:0;0@K= 0L7K=0 @O=M;8 ?;0AB<0A 2O 90 D>;30 30?03 3>9C;C@. O7O= 0L06 ?@>1:0 40 3>9C;C@ (M5948@8;8@). 8:N@-0@03 <O<C;0BK 301;0H4K@K;<KH 1CBC;:0=K= 0L7K <NI:O< 10L;0=<0;K4K@ :8, G528@48:4O 0EK=BK >;<0AK=. )O@ 18@ 1CBC;:090 5B8:5B 2C@C;C@. )O<8= 5B8:5B4O <OIAC; I07K@;090= <FOAA8AO=8= 04K 2O F=20=K, <OIAC;C= G5H848, BF=4;F9F, HO:O@;8;898 (;8:N@-0@03 <O<C;0BK FGF=), 1CBC;:0=K= IO6<8, AB0=40@B 2O 90 B5E=8:8 HO@B;O@8= =N<@OA8, HB@8E:>4 3594 548;8@. >;4C@C;<0 B0@8E8 2O 1@83040=K= =N<@OA8 5B8:5B8= 0@E0 BO@OD8=4O 907K;K@. OIAC; I07K@;090= <FOAA8AO=8= 04K=K 30?0LK= F7O@8=4O 4O 907K@;0@. O7O= 30?0LK= F7O@8=4O 0@0LK= BF=4;F9F, >A:20 EFACA8 0@0LK=40 8AO  IO@D8 907K;K@. !0E;0=K;K1 95B8H48@8;<8H ;8:N@ 1CBC;:0;0@K=K= 1>L07K=0 K45@60==K9 AN7F 907K;<KH O;02O 5B8:5B 2C@C;C@. $83C@;C 301;0@0 5B8:5B8 ;5=B 2O 90 30;K= 8?;O 10L;09K@ 2O 90 90?KH4K@K@;0@. 09B0EB 0@0LK=K 2O 90 IO@ 18@ D83C@;C 301K 09@K60 :0LK70 1F:F@;O@. CBC;:0;0@K B0EB0, ?;0AB<0A, :0@B>= 2O <5B0; 95H8:;O@O 301;0H4K@K@;0@. CBC;:0;0@K 10L;K 95H8:;O@O 301;0H4K@4K340 >=;0@K= 0@0AK=0 3ND@O;O=<8H :0@B>= 3>9C@;0@. CBC;:0;0@K =078: :0LK70 1F:4F:4O >=;0@K= 0@0AK=0 <FB;O3 3C@C 0L06 9>=30@K BN:F@;O@. 8:N@-0@03 <O<C;0BK=K 3C@C, I020AK 90EHK 4O98H48@8;O 18;O= 0=10@;0@40 10-200! B5<?5@0BC@40 A0E;09K@;0@. O=M;8 ;8:N@-0@03 <O<C;0BK=K 8HKLK= 4F7 BOA8@8=4O= 3>@C<03 ;07K<4K@ :8, BO@:818=4O:8 1>90 <044O;O@8 ?0@G0;0=<0AK=. O3;8990B40 2O 0=10@;0@40 1CBC;:0;0@ 25@B8:0; 2O7899OB4O >;<0;K4K@. FBF= MNABO@8;O= HO@B;O@O O<O; >;C=4C340 702>440= 1C@0EK;0= MF=4O= 5B810@O= ;8:N@-0@03 <O<C;0BK=K= BO<8=0B;K A0E;0=K;<0 <F44OB8 0H0LK40:K :8<848@. 0;70<;0@  1 8;4O= 07 >;<090@03; "F=4 ;8:N@;O@ 2O :@5<;O@  8 09; 5A5@B ;8:N@;O@, =0;82:0 2O ?C=H;0@  6 09; (8@8= 2O 90@K<H8@8= =0AB>9:0;0@  4 09; 7A?8@B;8 H8@8= 2O 90@K<H8@8= =0AB>9:0;0@, 0?5@0B82;O@, :>:B59;;O@  3 09; 5A5@B 8G:8;O@  2 09. 6K =0AB>9:0;0@ 2O EFACA8 0@03;0@K =N2F=4O= 0AK;K >;0@03 4-8 09 2O 40I0 G>E A0E;0<03 >;0@. -NABO@8;O= <F44OB4O= A>=@0 <O<C;0B40 GN:F=BF, 1C;0=K3;K3 2O 10H30 4O98H8:;8: >;<07A0, >=40 IO<8= 8G:8;O@8 95=O 4O 18@ <F44OB A0E;0<03 >;0@. 5.7. && (/  + &7F< HO@01;0@K  F7F< H8@OA8=8= <FEBO;8D FAC;;0@;0 B0< 2O 90 =0B0<0< 3K63K@4K;K1 5<0; 548;<OA8=4O= 0;K=0=, BO@:818=4O 9-20%-O 3O4O@ 5B8; A?8@B8 >;0= 8G:8;O@ 3@C?C4C@. &7F< HO@01;0@K=40 8=A0= >@30=87<8=O ;07K< >;0= 18@ AK@0 3840;K 2O 18>;>J8 6OIOB4O= DO0; <044O;O@ 20@4K@. OI@878 OIO<899OB8 >;0= <044O;O@4O= HO@0140 B57 IO7< >;0= F728 BC@HC;0@ (HO@01, ;8<>=, :OI@O10 2O A. BC@HC;0@), D>AD>@ 2O 07>B 18@;OH<O;O@8, ?5:B8= <044O;O@8, I015;O <8=5@0;;K <044O;O@ 2O 48MO@ F728 18@;OH<O;O@ 20@4K@. &7F< HO@01;0@K=K= BO@:818=4O HO:O@, > 6F<;O4O= <>=>- 2O 48HO:O@;O@, F728 BC@HC;0@, D5=>; 18@;OH<O;O@8, 07>B;C <044O;O@, D5@<5=B;O@ 2O 48MO@ 18>;>J8 DO0; <044O;O@ 20@4K@. &7F< HO@01;0@K=K= BO@:818 F7F<F= 95B8H48@8;4898 B>@?03-83;8< HO@08B8=4O=, F7F<F= 9KLK< 20EBK=K= 4F7MF= <FO99O= 548;<OA8=4O=, 9KLK;<KH F7F<F= B57 18@ 70<0=40 5<0; 548;<OA8=4O=, HO@01K= 8AB5IA0; B5E=>;>M890AK=40=, HO@01 <090;0@K=K= :59D899OB8=4O=, 3K63K@<0 B5<?5@0BC@C=40=, <F44OB8=4O=, HO@01 <0B5@80;K=K= A0E;0=K;K1 95B8H48@8;<OA8 HO@08B8=4O= 2O <F44OB8=4O=, HO@01K= 5<0;K=40=, 95B8H<O 4N2@F=4O 0GK3 2O 90 30?0;K :NGF@F;<O O<O;8990B;0@K=40= 2O 48MO@ 0<8;;O@4O= 0AK;K4K@. C ?@>A5A;O@8= HO@01K= F<C<8 :59D899OB8=O, 5;O6O 4O :8<9O28 BO@:818=O G>E 1N9F: BOA8@8 20@4K@. &7F< HO@01;0@K=40 17-9O 3O4O@ 0<8=BC@HC;0@K, <8=5@0;;K <044O;O@, > 6F<;O4O= :0;8C<, =0B@8C<, :0;A8C<, <03=578C<, D>AD>@ 2O 4O<8@ 20@4K@. (O@01K= =N2F=4O= 0AK;K >;0@03 BO@:818=4O <3%-;O =0B@8C<  10-17; :0;8C<  50-160; :0;A8C<  10-20; <03=578C<  10-25; D>AD>@  10-35 2O 4O<8@  0,4-1,1 20@4K@. (O@01;0@K= BO@:818=4O 0,4-0,7 3/; F728 BC@HC;0@, IO6<O MN@O 9-20% 5B8; A?8@B8, 0;45I84;O@, 5D8@;O@ 2O 48MO@ CGC6C <044O;O@ 20@4K@. (0<?0= HO@01;0@K=K= BO@:818=4O 500 <3/;-O 3O4O@ CGC6C <044O;O@ 20@4K@. (0<?0= HO@01;0@K 9F=MF;, E>H 404;K 2O B0<0 <0;8: >;4CLC=40= AFD@O HO@01;0@K :8<8 ?OI@878 OIO<899OBO <0;8:48@. OI@878 OIO<899OB8 >;0= <044O;O@4O= HO@0140 D>AD>@ 2O 07>B 18@;OH<O;O@8, ?5:B8= <044O;O@8, 28B0<8=;O@4O= ,  3@C?C 28B0<8=;O@8 (1, 2, , 9), 07 <8340@40 , ,  28B0<8=;O@8 20@4K@. $5@<5=B;O@4O= F7F<F= BO@:818=4O 8=25@B070, ?5@>:A84070, 3;8:>784070 2O A. 20@4K@. (O@01K= 95B8H<OA8 2O D>@<0;0H<0AK 70<0=K HO@01 <090;0@K=K= BO@:818=4O= 4O HO@010 48MO@ D5@<5=B;O@ :5G8@. C D5@<5=B;O@ F7F< H8@OA8=8= BO@:818=4O >;0= <044O;O@8= ?0@G0;0=<0AK=40 2O HO@01K= 404K=K=, 898=8= 2O 1C:5B8=8= 90@0=<0AK=40 8HB8@0: 548@;O@.  28B0<8=8 HO@0140 45<O: >;0@ :8, 9>E4C@, GF=:8 8AB5IA0; 70<0=K 1C 28B0<8= B0<0<8;O ?0@G0;0=K@. (O@01K= 0HK 2O 1>90 <044O;O@8  28B0<8=8 DO0;;KLK=0 <0;8:48@. C=;0@ OA0AO= :0B5E8=;O@ HO:;8=4O >;C@, 30= :0?8;90@;0@K=K= AO<O@O;8 8H;O<OA8 FGF= A?5A8D8: HO@08B 90@04K@, >=;0@K= 5;0AB8:;898=8 1O@?0 548@.  28B0<8=8=4O= 10H30 30;0= 28B0<8=;O@ HO@01K= 8AB5IA0;K 70<0=K =8A1OBO= 070;K@. 8@ AK@0 <FO;;8D;O@8= 0?0@4K3;0@K BO43830B;0@ =OB86OA8=4O HO@01K= BO@:818=4O 24 <8:@>5;5<5=B B0?K;<KH4K@. C=;0@40= <0=30=, 4O<8@, <8A, A8=:, :>10;B, 1>@, 1@><, DB>@, 9>4, B8B0=, @C1848C<, 20=048C< 2O A. ;5<5=B;O@ HO@01K= 18>;>J8 4O9O@;8;898=8 0@BK@K@, GF=:8 1C=;0@ <044O;O@ <F1048;OA8=4O 18>:0B0;870B>@ :8<8 8HB8@0: 54O@O: I>@<>=;0@K= 2O D5@<5=B;O@8= BOA8@8=8 DO0;;0H4K@K@;0@. L 2O 3K@<K7K HO@01;0@K <O4O EOABO;8:;O@8, <044O;O@8= ?8A <F1048;OA8, 45A5@B HO@01;0@K= 8AO 30=07;KLK, 9>LC= 10LK@A0LK= 8;B8I01K 2O A. EOABO;8:;O@ 10H 25@48:4O, ?@>D8;0:B8:8 20A8BO 2O <F0;86O 20A8BOA8 :8<8, >@B0 <8340@40 8G<O: <OA;OIOB MN@F;F@. ;<8 6OIOB4O= 8A10B 548;<8H48@ :8, F7F< HO@01K 30940AK=60 8G8;48:4O =O8=:8 >@30=87<O 7890= 25@8@, O:A8=O <OI4C4 N;GF4O 8G8;48:4O 8=A0= >@30=87<8 FGF= E598@;848@. &7F<4O= I07K@;0=<KH HO@01;0@40 ?OI@87 2O <F0;86O28 EFACA899OB;O@4O= 10H30 0=B8A5?B8: 2O 10:B5@8>;>J8 E0AAO;O@ 4O 20@4K@. ..@>A4>A5@4>2 70 :3 0LK@;KLK=40 >;0= 2O =>@<0; IO90B AF@O= IO@ 18@ A0L;0< 040<K= MF= O@78=4O EN@O: 954898 70<0= 100 BF=4;F9F=4O >;0= HO@01;0@40= (F7F<4O= I07K@;0=<KH BO188 AFD@O HO@01K=40=) 0,75 ;-4O= 1 ;-4O: 8G<OA8=8 <F<:F= I5A01 5B<8H48@. 0940AK=60 8G8;48:4O HO@01K= 8=A0= >@30=87<8=O D0940;K BOA8@8 8=A0=K= 60= A0L;KLK=40 40 N7F=F MNABO@8@. )O@ HOEA N7 7N23F=O MN@O N7F=O HO@01 A5GO 18;O@. (O@01K= 8G8;<OA8=8= 4O N7 EFACA899OB;O@8 20@4K@. 0L;K OB 2O 10;K3 EN@O:;O@8=8= 90=K=40 3K@<K7K 2O GOI@09K AFD@O HO@01K 8G<O: <OA;OIOB48@. "O@O2O74O= I07K@;0=0= 95<O:;O@ FGF= 8AO 9F=MF; 0L AFD@O HO@01K 8G<O: <OA;OIOB MN@F;F@. (8@=8990B AB>;C=0 8AO 45A5@B HO@01, :>=90: 2O 90 90@K<H8@8= 2O H8@8= H0<?0= HO@01K 25@<O: >;0@. 592O 90=K=40 3C@C 2O 90@K<3C@C H0<?0= HO@01K 8G<O: >;0@. &7F< HO@01;0@K 8AB5IA0;K=40 OA0AO= B5E=8:8 F7F< A>@B;0@K=40= 090=H8@O, O4@OAO, O;O98, 8A;8=3, :0A8B5;8, "02:25@8, %=4>3=K, L0;4O@O, ;83>B5, (8@20=H0I8, )O<OHO@O, "5@10H, !0?5@028, $5B90A:0, CA:0B, @=03K@=0, 015@=5 2O 48MO@ F7F<;O@4O= 8AB8D04O 548;8@. &7F<F= >?B8<0; H8@8=;898 :>=90: HO@01 <0B5@80;K I07K@;0<03 FGF= 15-17%, H0<?0= HO@01K FGF= 17-19%, AFD@O HO@01;0@K FGF= 10-18%, BF=4 HO@01;0@ FGF= 20-22%, 45A5@B HO@01;0@ FGF= 8AO 22%-4O= G>E >;<0;K4K@. (O@01;0@ BO@:818=4O:8 HO:O@8=, A?8@B8= 2O :0@1>= 307K=K= <8340@K=0 MN@O, IO<G8=8= 8AB5IA0; B5E=>;>M890AK=0, BO98=0BK=0 MN@O BOA=8D;OH48@8;8@. FBF= 1C=;0@ HO@01;0@K= :8<9O28 BO@:818=4O=, >=;0@K= 8AB5IA0;K=40 8AB8D04O >;C=0= F7F< A>@B;0@K=K= :8<9O28 BO@:818=4O=, HO@01;0@K= 8AB5IA0; FAC;;0@K=40=, A0E;0=K;<0AK <F44OB8=4O= 2O A. HO@B;O@4O= 0AK;K4K@. "O@:818=4O:8 HO:O@8= <8340@K=0 MN@O BC@H, 90@K<BC@H, 90@K<H8@8=, H8@8= 2O 45A5@B HO@01;0@ 8AB5IA0; 548;8@. "O@:818=4O:8 A?8@B8= <8340@K=0 MN@O AFD@O, 90@K<BC=4 2O BF=4 HO@01;0@ DO@3;O=8@;O@. (O@01;0@ @O=M8=O MN@O 0L, GOI@09K 2O 3K@<K7K >;C@. 59D899OB8=4O= 0AK;K >;0@03 HO@01;0@ 048 2O <0@:0;K 3@C?;0@0 09@K;K@. 0@:0;K HO@01;0@ 9F:AO: :59D899OB;8, <FO99O= <F44OB A0E;0=K;<KH HO@01;0@4K@. !FD@O 2O 45A5@B HO@01;0@K 2 8;4O= G>E A0E;0<K@;0@. "F=4 HO@01;0@K 8AO 3 8;4O= 07 >;<090@03 A0E;09K@;0@. /MO@ HO@01 3 8;4O= 0@BK3 1CBC;:0;0@40 A0E;0=K@A0, 1C=;0@0 :>;;5:A8>= HO@01 04K 25@8;8@. 48 HO@01;0@ 1 8; A0E;0=0 18;O@. "O@:818=4O= 2O 8AB5IA0; B5E=>;>M890AK=40= 0AK;K >;0@03 HO@01;0@ 5 3@C?0 1N;F=F@: AFD@O, BF=4;OH48@8;<8H (BF=4 2O 45A5@B), OB8@;O=48@8;<8H, :N?F:;O=O= 2O 307;K HO@01;0@. )O@ 3@C? HO@01 BO@:818=4O:8 A?8@B8= 2O HO:O@8= <8340@K=0 MN@O 4O@O6O;O@O, 1C=;0@ 40 N7 =N21OA8=4O B8?;O@O 1N;F=F@. OAO;O=, AFD@O HO@01;0@K BC@H, 90@K<BC@H 2O 90@K<H8@8= >;<03;0 3 4O@O6O9O 1N;F=F@. "C@H AFD@O HO@01;0@K N7 =N21OA8=4O @O=M8=4O= 2O 8AB5IA0; FAC;C=40= 0AK;K >;0@03 7 B8?O 1N;F=F@: 0L, GOI@09K 2O 3K@<K7K AFD@O HO@01K, :0E5B8= FAC;C 8;O I07K@;0=0= BC@H 0L 2O 3K@<K7K AFD@O HO@01K, BC@H G<80478= HO@01K 2O %5@5A HO@01K. (O@01 8AB5IA0; 54O= 702>4;0@ OA0AO= F7F< 156O@8;O= 1N;MO;O@4O 95@;OH48@8;8@. C@040 HO@01 <0B5@80;K O;4O 548;8@. (O@01;0@K= 8:8=68 4ODO 5<0;K 2O 1CBC;:0;0@0 4>;4C@C;<0AK 8@8 HOIO@;O@4O 95@;OHO= HO@01 702>4;0@K=40 0?0@K;K@. (O@01;0@K= F<C<8 8AB5IA0; B5E=>;>M890AK 0H0LK40:K 0@4K6K;;K3;0 M548@: F7F<F= O78;<OA8 2O ?CG0;40= 09@K;<0AK, F7F< H8@OA8=8= N710HK=0 AF7F;<OA8, F7F< 656OA8=8= ?@5A;O=<OA8, H8@O=8= GN:4F@F;<OA8 2O A>9C4C;<0AK, F7F< H8@OA8=8= 3K63K@4K;<0AK, HO@01K= A0E;0=K;<0AK 2O 8H;O=<OA8, 530;870A890 2O :C?0J, HO@01K= 95=84O= A>9C4C;<0AK 2O AF7F;<OA8, HO@01K= 5<0;K 2O A0E;0=K;<0AK, HO@01K= 95B8H<OA8 2O :NI=O;<OA8. &7F< :59D899OB8=O MN@O A>@B;0H4K@K;4K340= A>=@0 O78;8@ 2O EFACA8 ?@5A;O@ 20A8BOA8;O ?@5A;O=81 H8@OA8 09@K;K@. C=40= O22O; N710HK=0 AF7F;<FH H8@O 4O 09@K;K@. (8@O 24-36 A00B A0E;0=K;K1 HODD0D;0H4K@K;K@. !>=@0 <O4O=8 <090;0@ O;02O 5481 18-200!-4O 3K63K@4K;K@. /A0A 3K63K@<0 8-10 MF=, B0< 3K63K@<0 30-45 MF= 4020< 548@. &7F< H8@OA8 3K63K@4K340= 2O AF7F;4F:4O= A>=@0 530;870A890 548;8@, 9O=8 59=8 F7F< =N2F=4O= I07K@;0=<KH F7F<-HO@01 <0B5@80;;0@K 30@KH4K@K;K@. C?0J 530;870A89040= DO@3;848@. (O@01 <0B5@80;K :C?0J 548;48:4O <FEBO;8D A>@B F7F<4O= 0;K=<KH HO@01 <0B5@80;K 30@KH4K@K;K@, BO@:818=O 2O >@30=>;5?B8:8 E0AAO;O@8=O MN@O ;07K<8 B8?4O HO@01 O;4O 548;8@. (O@01K 95B8H<O9O 25@<O74O= 30103 AF7F@ 2O A>9C4C@;0@. (O@01;0@K HODD0D;0H4K@<03 FGF= >=;0@K 90?KH30=20@8 <044O;O@;O (J5;0B8=, 9C<C@B0 7F;0;K, 10;K3 :;598) 5<0; 548@;O@ :8, 1C=0 40 >:;59:0 4598;8@. (O@01K= 95B8H<OA8 5 <O@IO;O9O 09@K;K@: HO@01K= O<O;O MO;<OA8; HO@01K= B0< HO@01 I0;K=0 4FH<OA8; HO@01K= 95B8H<OA8; HO@01K= :NI=O;<OA8 2O HO@01K= 90@0@AK7;0H<0AK (?CG >;<0AK) <O@IO;OA8. (O@01K= 95B8H<OA8 4N2@F=4O >:A8M5=8= 1N9F: @>;C 20@4K@, >4C@ :8, HO@01;0@K 18@ =5GO 4ODO :NGF@F@;O@ 2O 1C=;0@K= O:AO@899OB8 0GK3 :NGF@<O48@. OB86O4O HO@01 GN:F=BF;O@4O= 0704 548;8@, >:A8M5=;O 7O=M8=;OH8@ 2O HO@01K= B0< 95B8H81 HO@01 I0;K=0 4FH<OA8 ?@>A5A8 AF@OB;O=8@. (O@01K= :NI=O;<OA8 >=40 10H 25@O= >:A84;OH<O ?@>A5A;O@8=8= =OB86OA848@. C ?@>A5A8 AF@OB;O=48@<O: FGF= 1O7O= HO@01K >:A8M5= 8;O 7O=M8=;OH48@8@;O@. !FD@O HO@01;0@K @O=M8=O MN@O 0L, GOI@09K 2O 3K@<K7K, BO@:818=4O:8 HO:O@8= <8340@K=0 MN@O BC@H, 90@K<BC@H 2O 90@K<H8@8= >;C@. 'OI@09K 2O 3K@<K7K HO@01;0@K I07K@;04K340 3K63K@4K;<0 656O 8;O 18@;8:4O 0?0@K;K@, =OB86O4O 301K340 2O ?CG0;40 >;0= 0HK 2O 1>90 <044O;O@8 HO@010 :5G8@. "C@H 0L AFD@O HO@01;0@K=K= BO@:818=4O 9-14% A?8@B, 6-6,5 3/; BC@HC 2O 0,3 3/100 A<3-4O= G>E >;<090@03 HO:O@ >;C@. 7O@10960=40 <0@:0;K !04K;;K 2O 048 0L AFD@O HO@01;0@K=40= >2@C7;C, 090=, L AFD@O, O@M87, @07, 0@0; MN;, 8A;8=3, !528=6, K7 30;0AK, 0@20= !0@09, ;8B0 8AB5IA0; 548;8@. "C@H 3K@<K7K AFD@O HO@01;0@K=K= @O=M8 <FEBO;8D G0;0@;K 3K@<K7K, 404 2O 1C:5B8 8AO N7F=O<OEACA4C@. "O@:818=4O 9-14% A?8@B 20@. (O:O@8= <8340@K=0 MN@O BC@H (0,3 3/100 A<3-O 3O4O@ HO:O@ >;0 18;O@), 90@K<BC@H (1,5-2,5 3/100 A<3) 2O 90@K<H8@8= (3-8 3/100 A<3) 3K@<K7K HO@01;0@ 1C@0EK;K@. 7O@10960=40 <0@:0;K 3K@<K7K AFD@O HO@01;0@K=40= O4@OAO, 048 BC@H HO@01;0@40= "02:25@8, 20=>2:0, 90@K<BC@H HO@01;0@40= LAC, 90@K<H8@8= HO@01;0@40= (0I40L 2O O<H8@8= 8AB5IA0; 548;8@. 0@K<BC@H AFD@O HO@01;0@K  BO@:818=4O BO188 3K63K@<040= O<O;O MO;O= IO6<6O 9-14% A?8@B 2O 30;K3 :8<8 0,5-2,5 3/100 A<3 HO:O@ >;0= HO@01;0@ 3@C?C4C@. L, GOI@09K 2O 3K@<K7K 90@K<BC@H HO@01;0@ 8AB5IA0; 548;8@. 7O@10960=40 8AB5IA0; 548;O= 90@K<BC@H HO@01;0@40= 3K@<K7K LAC, 5448 MN7O;, >@>L;C 2O 0L CL0= HO@01K=K MNABO@<O: >;0@. 0@K<H8@8= AFD@O HO@01;0@K  BO@:818=4O BO188 3K63K@<0 =OB86OA8=4O IO6<6O 9-14% A?8@B 2O 3-8 3/100 A<3 HO:O@ >;0= AFD@O HO@01;0@K4K@. 7O@10960=40 8AB5IA0; 548;O= 90@K<H8@8= 0L 2O 3K@<K7K O<H8@8=, 0L ">2C7, 0@0 H8@O, ?O: 9>;C, 0D307, GOI@09K '8=0@ 2O 3K@<K7K (0I40L AFD@O HO@01;0@K=K MNABO@<O: >;0@. C=;0@K= BO@:818=4O IO6<6O 9-12% A?8@B, 3-5 3/100 A<3 HO:O@ 20@4K@. "C@HC;CLC 6 3/4<3-4O= G>E >;<0<0;K4K@. 0E5B8= FAC;C 8;O I07K@;0=0= AFD@O HO@01;0@K 8AB5IA0; 5B48:4O F7F< H8@OA8 656O 2O A0?;0LK 8;O 18@;8:4O 3K63K@4K;K@. K63K@4K;<0 ?@>A5A8 3C@B0@4K340= A>=@0 2-3 09 1C I0;40 A0E;0=K;K@. OB86O4O B>EC<40, 301K340 2O A0?;0340 >;0= 0HK 2O 1>90 <044O;O@8 HO@010 :5G8@, >=0 0LK71F7FH4F@F6F 404 25@8@. "F=4 G09 @O=M8=4O >;C@. "O@:818=4O 10,5-13% A?8@B, 0,3 3/100 A<3-4O= G>E >;<090@03 HO:O@, 5 3/4<3 BC@HC 20@4K@. >;;5:A890 HO@01;0@K  GO;;O:4O (1C@B;0@40, GO=;O@4O) A0E;0=K;<0 <F44OB8 3C@B0@4K340= A>=@0 3 8;4O= 07 >;<090@03 1CBC;:040 A0E;0=K;<KH EFACA8, 9F:AO: :59D899OB;8 <0@:0;K HO@01;0@4K@. 8@ G>E N;:O;O@4O BO7O I07K@;0=K1 1CBC;:0;@0 BN:F;O@O: C7C= <F44OB A0E;0=K;<KH HO@01 :>;;5:A890 HO@01K 04;0=K@. /= 90EHK :>;;5:A890 HO@01;0@K HO@01 <FOAA8AO;O@8 (>=;0@K= D>=4;0@K  5=>B5:;O@ 04;0=K@), 5;<8 BOH:8;0B;0@ 2O HO@01 <FA0183O;O@8 FGF= N7F=O<OEACA 5B0;>= A09K;K@. "F=4;OH48@8;<8H HO@01;0@ 10H;K60 >;0@03 @5:B8D8:0B 5B8; A?8@B8 O;02O 548;<O:;O 8AB5IA0; >;C=C@. (O@01K= B8?8=4O= 0AK;K >;0@03 A?8@B 3K63K@<0=K= <FEBO;8D <O@IO;O;O@8=4O O;02O 548;8@. 2 3@C?0 1N;F=F@: BF=4 2O 45A5@B HO@01;0@. 5A5@B HO@01;0@  BO@:818=4O IO6<6O 12-17% A?8@B, > 6F<;O4O= BO188 3K63K@<0 =OB86OA8=4O 1,2%-4O= 07 >;<090@03 A?8@B >;<0;K 2O 2-35 3/100 A<3 HO:O@ >;0= BO188 2O 90 BF=4;OH48@8;<8H HO@01 3@C?C4C@. (O:O@8= :FB;O9O MN@O 30BK;KLK=40= 0AK;K >;0@03 45A5@B HO@01;0@ 90@K<H8@8= (5-12 3/100 A<3 HO:O@, IO6<6O 14-16% A?8@B), H8@8= (14-20 3/100 A<3 HO:O@, IO6<6O 15-17% A?8@B) 2O ;8:N@ (21-35 3/100 A<3 HO:O@, 12-17% A?8@B) 90@K<3@C?;0@K=0 1N;F=F@. F:AO: :59D899OB;8 45A5@B HO@01K 8AB5IA0; 5B<O: FGF= B0< 95B8H<8H, BO@:818=4O 22-35% 0@0AK=40 HO:O@ >;0= F7F< A>@B;0@K=40= 8AB8D04O 548;8@. 5A5@B HO@01;0@K= B8?8: 3@C?;0@K=40= ">:09, 0;030, 03>@, IO<G8=8= F7F< A>@BC=0 <OEACA EFACA8 ?0@;03 OB8@;8 CA:0B HO@01;0@K=K MNABO@<O: >;0@. ">:09 HO@01;0@K  060@KAB0=K= H8<0;-HO@3 I8AAOA8=4O ">:09 40L;0@K OBO:;O@8=4O 95B8HO= $C@<8=B, L CA:0B 2O 48MO@ F7F<;O@4O= 8AB5IA0; 548;O= HO@01;0@4K@. ;: 4ODO %++ OA@4O 8AB5IA0; 548;<8H48@. ">:09 HO@01K FGF= 95B8H<8H 2O 95B8H81 NB<FH, 8GO@8A8=4O 1F@FH<FH 2O <N2F6;O=<8H M8;O;O@8 >;0= F7F<4O= 8AB8D04O 548;8@. ">:09 HO@01;0@K=K= E0@0:B5@8: EFACA899OB;O@8 HO@01K= 3-5 8; 90@K<GK3 GO;;O:;O@4O A0E;0=K1 95B8H48@8;<OA848@. 7O@10960=40 ">:09 B8?;8 HO@01;0@40= 0@0 '0=0E HO@01K 8AB5IA0; 548;8@. :0A8B5;8 F7F<F=4O= 0;K=K@, BO@:818=4O IO6<6O 16% A?8@B, 18 3/100 A<3 HO:O@ 2O 5 3/4<3 B8B@;O=O= BC@HC;C3 >;C@. 03>@  3K@<K7K F7F< A>@B;0@K=40= I07K@;0=0= 45A5@B HO@01 B8?848@. $@0=A0=K= 03>@ HOIO@8=8= 04K=K 40HK9K@. 03>@ HO@01K=K= BO@:818=4O IO6<6O 16-17% A?8@B, 16-25 3/100 A<3 HO:O@ >;C@. '>E 5:AB@0:B;K4K@. 03>@ HO@01K=K= B5E=>;>M890AK=K= OA0A EFACA899OB;O@8 H8@O=8= F7F<F= 301KLK 2O BC<C 8;O 18@;8:4O 3K74K@K;<0AK4K@. C FAC; HO@010 A?5A8D8: 404 25@<O:;O 301K340 >;0= 5:AB@0:B;K, D5=>;;C 2O 1>90 <044O;O@8=8= B0<0<8;O HO@010 :5G<OA8=O 8<:0= 25@8@. 7O@10960=40 <0@:0;K 03>@ HO@01;0@K=40= (0<0EK, F@4O<8@, 048 :03>@;0@40= 8AO /@O1;8 2O (0I1C7 HO@01K 8AB5IA0; 548;8@. 8:N@ HO@01;0@  BO@:818=4O 20 3/100 A<3-4O= G>E HO:O@8 >;0= 45A5@B HO@01;0@ 3@C?C4C@. C HO@01;0@K 8AB5IA0; 5B48:4O 9F:AO: HO:O@;8;898 >;0= A>;4C@<0L0 2O <N2F6;O=<O9O <598;;8 F7F< A>@B;0@K=40= 8AB8D04O 548;8@. 7O@10960=40 8AB5IA0; 548;O= F@4O<8@ HO@01K <0@:0;K 3K@<K7K 45A5@B-;8:N@ HO@014K@. "O@:818=4O 23 3/100 A<3 HO:O@, 16% A?8@B, 5 3/4<3 B8B@;O=O= BC@HC;C3 20@4K@. 0@:0;K 45A5@B HO@01;0@  <FO99O= 1N;MO4O 2O 90 A0IO4O 156O@8;O= F7F< A>@BC=40= EFACA8 B5E=>;>M890 F7@O I07K@;0=0= 2O C7C= <F44OB A0E;0=K;K1 95B8H48@8;O= 9F:AO: :59D899OB;8 45A5@B HO@01;0@4K@. (O@01K= B8?8=4O= 0AK;K >;0@03 <0@:0;K 45A5@B HO@01;0@ 2-4 8; A0E;0=K;K1 95B8H48@8;8@. 7O@10960=40 0@0 '0=0E, 7O@10960=, 0@010L, F@4O<8@, 8;, (0<0EK <0@:0;K 45A5@B HO@01;0@K 8AB5IA0; 548;8@. CA:0B HO@01;0@K  F7F<F= CA:0B (0L, GOI@09K, 30@0, 1O=N2HO98, 060@) 2O ;50B8=> A>@B;0@K=40= 8AB5IA0; >;C=0= HO@01;0@4K@. CA:0B HO@01;0@K A0:8B 2O :N?F:;O=O= 90@K<B8?;O@O 09@K;K@. 0;030  6O=C18 A?0=890=K= (=40;CA890) 0;030 HOIO@8 90EK=;KLK=40 156O@8;O= >A:0B5; 2O 54@>-%8<5=5A F7F< A>@B;0@K=40= 8AB5IA0; >;C=0= 8A?0= 45A5@B HO@01K4K@. "C@H 0L, 90@K<BC@H 2O 90@K<H8@8=, 5;O6O 4O H8@8= 8A?0= <0;030AK 8AB5IA0; 548;8@. 7O@10960=40 1C B8? HO@01 8AB5IA0; 548;<8@. "F=4 HO@01;0@K= B8?8: 3@C?;0@K=40= >@B259=, %5@5A, 045@0 2O 0@A0;0=K MNABO@<O: >;0@. C=;0@ 18@-48MO@8=4O= 8AB5IA0;K=0 MN@O DO@3;O=8@. >@B259=  >@BC30;890 <O=HO;8 HO@014K@. (8<0;8 >@BC30;89040 >;0= >@B HOIO@8=8= 04K=K 40HK9K@. C HO@01;0@ FGF= 8AB8D04O >;C=0= F7F<F= BO@:818=4O 25-28% HO:O@ >;C@, 3K63K@<0 70<0=K BO@:818=4O 10% HO:O@ 30;4K340 F7O@8=O A?8@B O;02O 548;8@. 020= HO@01 <0B5@80;K I020AK7 HO@08B4O 55-600! B5<?5@0BC@40 5<0; 548;8@. "O@:818=4O 18% A?8@B 2O 10 3/100 A<3 HO:O@ >;C@. 7O@10960=40 0L @O=M;8 <0@:0;K ?>@B259= HO@01;0@K=40= LAB0D0, ;010H;K 2O 048 ?>@B259=;O@4O= >@B259= 777, 0@095@8, L40<, K7K; HO@1OB 2O O;;O@ 8AB5IA0; 548;8@. %>H OB8@;8 2O 5:AB@0:B;K >;C@;0@. 045@0  <045@870A890 ?@>A5A8 70<0=K >:A84;OH<O =OB86OA8=4O EFACA8 >@30=>;5?B8:8 E0AAO;O@ :OA1 54O= BF=4 HO@014K@. >@BC30;89040:K 0459@0 040AK=K= 04K=K 40HK9K@. 500 8;4O= G>E4C@ :8, 8AB5IA0; 548;8@. 045@0 HO@01K=K= 8AB5IA0;K=K= EFACA899OB8 >=40= 810@OB48@ :8, HO@01 <0B5@80;K <FO99O= <F44OB ;07K<8 B5<?5@0BC@40 B5@<8:8 5<0;40= :5G8@8;8@. C ?@>A5AO <045@870A890 4598;8@. 7O@10960=40 O22O;;O@ <045@0 B8?;8 &G BO?O HO@01K 8AB5IA0; 548;8@48. !>= 8;;O@ 045@0 HO@01K 8AB5IA0; 548;8@. "O@:818=4O IO6<6O 19% A?8@B, 4 3/100 A<3 HO:O@ 20@4K@. 0@A0;0 HO@01K=K= 2OBO=8 B0;890=K= !868;890 040AK=K= 3O@1 I8AAOA8=4O 95@;OHO= HOIO@;O@ OB@0DK4K@. 1773-6F 8;4O= 8AB5IA0; 548;8@. 0@A0;0 HO@01K FGF= 8;: <0B5@80; 0L HO@01 <0B5@80;K, A?8@B;OH48@8;<8H H8@O 2O 30BK;0H4K@K;<KH H8@O48@. 0BK;0H4K@K;<KH H8@O=8 0;<03 FGF= F7F< H8@OA8 O22O;:8 IO6<8=8= S! I8AAOA8=O 3O4O@ 30BK;0H4K@K;K@. C, HO@010 <OE<O@8;8: 2O 06K 404 25@8@. O7O= HO@010 F7F< 4>H01K 30BK;K@. B0;89040 4 B8? 0@A0;0 HO@01K 8AB5IA0; 548;8@. %5@5A  1C HO@01 8;: 4ODO %+++ OA@4O A?0=890=K= %5@5A 45-;90-$@>=B5@0 HOIO@8=4O 8AB5IA0; 548;<8H48@. %5@5A HO@01K=K= 8AB5IA0;K=K= EFACA899OB8 >=40= 810@OB48@ :8, HO@01 90@K<GK3 GO;;O:;O@4O C7C= <F44OB MN1O;O:;O@4O= O<O;O MO;<8H E5@5A ?O@4OA8 (A>;5@0) 0;BK=40 A0E;0=K1 95B8H48@8;8@. (O@0140 1C 70<0= 0;45I84;O@, 0A5B0;;0@ 2O <F@O::O1 5D8@;O@ O<O;O MO;8@. 7O@10960=40 59=8 04;K %5@5A HO@01K 8AB5IA0; 548;8@. "O@:818=4O 19% A?8@B, 3 3/100 A<3 HO:O@ 20@4K@. 0:K HO@01 702>4C ! 1 L40<, LAB0D0, ;010H;K, '8=0@, %5@5A, F@4O<8@, 0@010L, 0@0G0=03, O4@OAO, 0EGK20=, !04K;;K, (0I40L, (0<0EK 2O 48MO@ HO@01;0@K; (0<?0= (O@01;0@K 702>4C 015@=5, 0D307, O@M87, 8A;8=3, C18;59 2O 48M6O@ HO@01;0@K; -O=AO HO@01 2 ! C:5B 75@1094J0=0, 0A?89A:89 5@53, 3=8 0:C, L AFD@O, '8=0@, ;8B0, $8;0@<>=890, -O=6O, GO@8 (OIO@, 20=>2:0, 0@20= !0@09, 0@0 (8@O, K7 30;0AK, O4@OAO, !04K;;K, !0I8;, !52M8;8<, !528=6, (0@4>=5, 5448 MN7O; 2O 48MO@ HO@01;0@K; (O<:8@ HO@01 702>4C !2 B8;;0, 7015;;0, >@>3;C, 045@0, >@B258= 2O ">2C7 HO@01 702>4C ">2C7-0;B890 HO@01K 4>;4C@C1 A0BKH0 1C@0EK@;0@. /B8@;O=48@8;<8H HO@01;0@K= 8AB5IA0;K=40 HO@01 <0B5@80;K=K= F7O@8=O HO:O@ HO@1OB8, BO<87;O=<8H 2O A?8@BO 90BK@4K;<KH O428990B, G8GO: 2O 18B:8;O@8= :N:;O@8=4O= 0;K=<KH =0AB>9 O;02O 548;8@. 5@<CB HO@01;0@K 8;: 4ODO B0;89040 8AB5IA0; 548;<8H48@. C=;0@K= BO@:818=4O 16-18% A?8@B, 10-16 3/100 A<3 HO:O@, 6 3/; BC@HC >;C@. N?F:;O=O= HO@01;0@K= 8AB5IA0;K=K= OA0A EFACA899OB8 >=40= 810@OB48@ :8, I07K@ HO@01 <0B5@80;K=0 HO:O@;8;898 50-60% >;0= B8@0J ;8:N@F, ;8<>= BC@HCAC, B0=8= 2O <090 O;02O 548;81, 8:8=68 4ODO 3K63K@4K;K@. :8=68 4ODO 3K63K@4K;<0 0,8 ; BCBC<;C H0<?0= 1CBC;:0;0@K=40 2O 90 40 5 B>= BCBC<;C M5@<5B8: 10L;K @575@2C0@;0@40 0?0@K;K@. K63K@<0 70<0=K O<O;O MO;O= :0@1>= 307K HO@0140 IO;; >;C@. $0A8;O;8 2O 0@4K :OA8;<O9O= 8AB5IA0; FAC;C 8;O H0<?0= HO@01;0@K=K= 8AB5IA0;K <090 4O9O@8=8 0H0LK A0;K@, 8AB5IA0; <F44OB8=8 3KA0;4K@, 8B:8;O@8 070;4K@. (0<?0= HO@01K @O=M8=O MN@O 0L 2O 3K@<K7K >;C@. (O:O@8= <8340@K=0 MN@O (3/100 A<3) H0<?0= HO@01K 0H0LK40:K 04;0@40 1C@0EK;K@: 1@9CB  0,3-O 3O4O@ (G>E A0E;0=K;<KH), G>E BC@H  0,8-1,3; BC@H  3-3,5; 90@K<BC@H  5-5,5; 90@K<H8@8=  8-8,5 2O H8@8=  10-10,5. "C@H, 90@K<BC@H 2O H8@8= H0<?0= HO@01;0@K 90;=K7 @575@2C0@ FAC;C 8;O I07K@;0=K@. K@<K7K H0<?0= HO@01K 18@ <0@:040 1C@0EK;K@ :8, 1C=C= 40 BO@:818=4O 10-10,5/100 A<3 HO:O@ >;C@. (0<?0= HO@01;0@K=40 A?8@B8= <8340@K 10,5-12,5%, BC@HC;C3 6-8,5 3/;-48@. 0:K (0<?0= (O@01;0@K 02>4C=40 BC@H, 90@K<BC@H, 90@K<H8@8= 2O H8@8= H0<?0= HO@01;0@K, 3K@<K7K H0<?0= HO@01K 2O 3K@<K7K :N?F:;O=O= 7O@10960= <8@20@8A8 HO@01K 8AB5IA0; 548;8@. 7O@10960= <8@20@8A8 HO@01K=K= BO@:818=4O IO6<6O 11,5-13,5% A?8@B, 6-8 3/100 A<3 HO:O@, 5-7 3/4<3 B8B@;O=O= BC@HC;C3 20@4K@. O=M8 3K@<K7K, 1C:5B8 7O@8D48@. C 702>440 IO<G8=8= 0:K -56O;O@8, 0:K (0<?0=K, 0= #;4C7C, %%I-68 OA@, 8@8; (0<?0=, (O@3 #;4C7C, ->;45= G5H848=4O :N?F:;O=O= HO@01;0@, 0:K (O@01 702>4C ! 1-4O (8?CG:0 307;K HO@01K 8AB5IA0; >;C=C@ 07;0H4K@K;<KH HO@01;0@ 8:8=68 4ODO 3K63K@4K;<K@. )07K@ HO@01 1CBC;:0;0@0 4>;4C@C;0= 70<0= :0@1>= 307K 8;O 4>94C@C;C@. "O@:818=4O 10-12% A?8@B >;C@. 7O@10960=40 O22O;;O@ 7O@10960= H8?CG8A8 8AB5IA0; 548;8@48. >=90:  0L F7F<4O= I07K@;0=<KH HO@01 <0B5@80;K=K= D@0:A890 FAC;C 8;O 48AB8;;OA8=4O= O;4O 548;O= :>=90: A?8@B8=8= ?0;K4 GO;;O:;O@4O 2O 90 8GO@8A8=4O GO;;O: B0EB0AK >;0= GO=;O@4O A0E;0=K;K1 95B8H48@8;<OA8=4O= 0;K=0= BF=4 A?8@B;8 8G:848@. >=90: 8;: 4ODO 1701-68 8;4O $@0=A0=K= (0@0=B0 45?0@B0<5=B8=8= >=90: HOIO@8=4O 8AB5IA0; 548;<8H48@. >=90: 8AB5IA0;K OA0AO= 4 <O@IO;O4O 10H0 G0BK@: :>=90: HO@01 <0B5@80;K=K= I07K@;0=<0AK; :>=90: A?8@B8=8= 3>2C;<0AK; :>=90: A?8@B8=8= ?0;K4 GO;;O:;O@4O 3-25 8; A0E;0=K;K1 95B8H48@8;<OA8; :>=90:K= :C?0J 548;<OA8, 5<0;K 2O A0E;0=K;<0AK. >=90: A?8@B8 A0E;0=K;K1 95B8H48@8;48:4O= A>=@0 <FO99O= <0@:0;K :>=90: 0;<03 FGF= <FEBO;8D :>=90: A?8@B;O@8 <F20D83 =8A1OB4O 30@KH4K@K;K@. 9=8 70<0=40 48AB8;;O 548;<8H AC, HO:O@ HO@1OB8, :>;5@ 4O 8H;O48;8@. >=90: A?8@B8 MNABO@8;O= E0<<0;;0@;0 :C?0J 548;48:4O= A>=@0 048 :>=90:;0@ 3 09, <0@:0;K :>=90:;0@ 8AO 6 09 8AB8@0IOBO 25@8;8@, 1C=40= A>=@0 D8;B@4O= AF7F;F@ 2O 1CBC;:0;0@0 4>;4C@C;C@. >=90: A?8@B8=8= A0E;0=K;<0AK <F44OB8=4O= 2O :59D899OB8=4O= 0AK;K >;0@03 048 2O <0@:0;K :>=90:;0@ 8AB5IA0; 548;8@. 48 :>=90:;0@ 3; 4 2O 5 8; A0E;0=K;K1 95B8H48@8;<8H :>=90: A?8@B8=4O= C9LC= >;0@03 3; 4 2O 5 C;4C7;C 1C@0EK;K@. 48 :>=90:;0@K= BO@:818=4O A?8@B8= <8340@K C9LC= >;0@03 40; 41 2O 42%, HO:O@ 8AO 15 3/4<3 >;C@. 0@:0;K :>=90:;0@ 6 8;4O= 50 8;O 3O4O@ A0E;0=K;<KH :>=90: A?8@B8=4O= 8AB5IA0; 548;8@. "O@:818=4O 40-57% A?8@B, 7-25 3/4<3 HO:O@ >;C@. >=90: A?8@B8=8= A0E;0=K;<0AK <F44OB8=4O= 0AK;K >;0@03 ,  2O ! 3@C?;0@K=0 09@K;K@.  (:>=LO: 2K45@60==K9  A0E;0=K;<KH :>=90:)  >@B0 I5A01;0 6-7 8; A0E;0=K;K1 95B8H48@8;<8H :>=90: A?8@B8=4O= 8AB5IA0; 548;8@. "O@:818=4O IO6<6O 40-42% A?8@B, 7-12 3/4<3 HO:O@ >;C@. 7O@10960=40 1C 3@C?0 084 -N9MN; 2O -O=6O :>=90:;0@K 8AB5IA0; 548;8@.  (:>=LO: 2K45@60==K9 2KA>:>3> :0G5AB20  9F:AO: :59D899OB;8 A0E;0=K;<KH :>=90:)  >@B0 I5A01;0 8-10 8; A0E;0=K;<KH :>=90: A?8@B8=4O= 8AB5IA0; 548;8@. "O@:818=4O IO6<6O 40-45% A?8@B, 7-25 3/4<3 HO:O@ >;C@. 7O@10960=40 1C 3@C?0 084 0:K :>=90:K 1C@0EK;K@. ! (:>=LO: AB0@K9  G>E A0E;0=K;<KH :>=90:)  >@B0 I5A01;0 10 8; 2O 40I0 G>E A0E;0=K;K1 95B8H48@8;<8H :>=90: A?8@B8=4O= I07K@;0=K@. "O@:818=4O IO6<6O 40-57% A?8@B, 7-20 3/4<3 HO:O@ >;C@. 7O@10960=40 1C 3@C?0 084 7O@10960=, C18;59, >A:20 2O (8@20= :>=90:;0@K 8AB5IA0; 548;8@. 0:K (O@01 702>4C ! 1 C18;59=K9, 1H5@>=, 7O@10960=, 0:8, O?O7, >A:20, (8@20= :>=90:;0@K; (0<?0= (O@01;0@K 702>4C -N9--N;, ?O: 9>;C, 0@0 8@8;, O3H8-0I0= :>=90:;0@K; -O=6O HO@01-2 ! 8AO 3 C;4C7, 5 C;4C7, 0:8, -O=6O, -N9--N; :>=90:;0@K 4>;>4C@C1 A0BKH0 25@8@. &7F< HO@01;0@K=K= 2O :>=90:K= :59D899OB MNABO@868;O@8. (O@01;0@K= :59D899OB8 >=C= 95B8H<OA8 2O :NI=O;<OA8, A0E;0=K;<0AK 2O A0BKHK 70<0=K 4O98HO 18;O@. =0 MN@O 4O HO@01;0@K= :59D899OB8, A0E;0=K;<0 2O 1CBC;:0;0@0 4>;4C@C;<0 20EBK 2O OA0AO= 4O A5=A>@ MNABO@868;O@ F7@O BO98= 548;8@. (O@01;0@K= >@30=>;5?B8:8 MNABO@868;O@8=4O= HODD0D;KLK, @O=M8, OB@8, 1C:5B8, 404K, B8?8:;898 2O :O=0@ 89;O@8= >;<0AK OA0AO= 453CAB0A890 9>;C 8;O <FO99O= >;C=C@. (O@01;0@K= A5=A>@ MNABO@868;O@8=O 6O<8 10 10;;, > 6F<;O4O= HODD0D;KLK=0  0,5-0,1 10;;; @O=M8=O  0,5-0,2 10;;; OB@8=O 2O 1C:5B8=O  3-0,6 10;;; 404K=0  5-1 10;;; B8?8:;898=O  1-0,25 10;; 389<OB 25@8;8@. &<C<8 10;; 389<OB8 HO@01K= :59D899OB8=4O= 0AK;K >;0@03 10-40= 6-90 3O4O@ >;0 18;O@. 6 10;; 389<OB 0;0= HO@01 A8@:O 2O 90 A?8@B 8AB5IA0;K=0 25@8;8@. !0BKH0 25@8;O= 048 HO@01;0@K= 453CAB0A890 389<OB8 7 10;;40=, <0@:0;K HO@01;0@40 8AO 8 10;;40= 07 >;<0<0;K4K@. !FD@O HO@01;0@K=K= >@30=>;5?B8:8 :59D899OB MNABO@868;O@8=8= AO6899OA8 O4O18990B;0@40 (2, 6) M5=8H 870I 548;8@. 01>@0B>@89040 HO@01;0@K= D878:8-:8<9O28 MNABO@868;O@8=4O= 5B8; A?8@B8, BC@HC;C3, HO:O@, CGC6C BC@HC;0@, 5:AB@0:B;K <044O;O@ 2O A. <FO99O= 548;8@. !?8@B8=, HO:O@8= 2O BC@HC=C= <8340@K=0 MN@O HO@01K= 3@C?C 2O 4O@O6OA8 <FO99O= 548;8@. #GC6C BC@HC;0@K= <8340@K HO@01K= A0D;KLK=K E0@0:B5@87O 548@. &7F< HO@01;0@K=40 18@ G>E EOABO;8:;O@ 2O 3FAC@;0@ >;0 18;O@. (O@01K= EOABO;8:;O@8 =OB86OA8=4O HO@01 HODD0D;KLK=K, @O=M8=8, 898=8 2O 404K=K 8B8@8@, 8G8;<O: FGF= 90@0@AK7 >;C@. 8:@>>@30=87<;O@8= BOA8@8 8;O HO@010 A8@:O BC@HCAC=0 3K63K@<0, AF4 BC@HCAC=0 3K63K@<0, ?@>?8>= 3K63K@<0AK, <0==8B 3K63K@<0AK, HO@01K= BC@HC<0AK 2O :8D EOABO;8D8, HO@01K= ?89;O=<OA8 2O A. 10H 25@8@. (O@01K= A8@:O BC@HCAC 10:B5@890;0@K 8;O EOABO;O=<OA8 70<0=K, >=C= F7O@8=4O =078: 1>7 @O=M;8 ?O@4O O<O;O MO;8@. (O@01 A8@:O 404K 2O 898 25@8@. /A0AO= AFD@O HO@01;0@K 1C EOABO;89O BCBC;C@. (O@01K= BA25; EOABO;898 70<0=K >=C= F7O@8 0L 2O 90 G8@:;8-A0@K @O=M4O (0L HO@01;0@40) 2O G8@:;8 GOI@09K @O=M4O (3K@<K7K HO@01;0@40) :8D;O N@BF;F@. (O@01 1C;0=K3;0HK@ 2O BC@HC9C@. (O@01K= AF4 BC@HCAC=0 3K63K@<0AK 70<0=K >=40= BC@HC4C;<CH BO@O2O7;O@8= 2O AF4 <OIAC;;0@K=K= 898 MO;8@. (O:O@ AF4 BC@HCAC=0 G52@8;8@, HO@01K= @O=M8 BCB3C=;0HK@. @>?8>= BC@HCAC 3K63K@<0AK 8;8= 8AB8 20EB;0@K=40 10H 25@8@. (O@0140 G>E;C :0@1>= 307K O<O;O MO;8@, 1C;0=K3;0HK@ 2O 0A5B0B 898 25@8@. C 70<0= A8@:O 2O ?@>?8>= BC@HC;0@K O<O;O MO;8@. (O@01 A5;8:;OH8@, 0L HO@01;0@ MN9O@8@, 3K@<K7K HO@01;0@ 8AO A0@K-3>=C@ @O=M 0;K@. 0==8B 3K63K@<0AK 3K@<K7K HO@01;0@40 @0AB MO;8@, HO@0140 0;BK 0B><;C A?8@B-<0==8B, A8@:O 2O AF4 BC@HCAC O<O;O MO;8@. (O@01 N7 @O=M8=8 A0E;0A0 40 1C;0=K3;0HK@, GF@F<FH <592O 898 2O 404K 25@8@. (O@01K= ?89;O=<OA8  OA0A 5B810@8;O 07 A?8@B;8, 07 BC@HC;C 2O 5:AB@0:BK >;0= HO@01;0@40 10H 25@8@. C 70<0= HO@01K= @O=M8 BCB3C=;0HK@, 30BK;0HK@, A8@:O 898 25@8@. 5A5@B 2O BF=4 HO@01;0@ 1C EOABO;89O BCBC;<C@. (O@01K= 06K;0H<0AK OA0AO= 3K@<K7K HO@01;0@40 >;C@. (O@0140 GN:F=BF 90@0=K@, @O=M8 3OI2O98;OH8@, 404K 8AO 06K >;C@. (O@0140 18@ G>E 3FAC@;0@ 40 >;C@. (O@01K= 30@0;<0AK  HO@01K= 0HK <044O;O@8=8= 4O<8@;O >:A84;OH<OA8 =OB86OA8=4O 10H 25@8@. "F=4 30@0 @O=M;8 GN:F=BF O<O;O MO;8@. 8A :0AAK 3FAC@C 70<0=K HO@0140 3OI2O98 GN:F=BF O<O;O MO;8@. (O@0140 <8A 4C7;0@K >;4C340 10H 25@8@. :A8407 :0AA8 HO@01K= 1>70@<0AK, 3K@<K7K HO@01;0@K= BF=4 3K@<K7K @O=M;8 GN:F=BF O<O;O MOB8@<OA848@. L HO@01;0@ 3OI2O98 @O=MO 1>90=K@. (O@0140:K 0HK 2O 1>90 <044O;O@8 >:A84;OH8@. L :0AA OA0AO= 0L HO@01;0@40 BC@HC;C3 07 >;4C340 10H 25@8@. (O@01K= @O=M8 1C;0=K3;0HK@ 2O 1>7C<BC;-30@0 @O=MO G0;K@. (O@010 D>AD>@ 2O 4O<8@ 4C7;0@K=K= 4FH<OA8 1C 3FAC@0 AO1O1 >;C@. (O@0140= I84@>M5=-AC;D8B 8H8=8= MO;<OA8. C 3FAC@ :F:F@4;O 5<0; 548;<8H, ;0:8= BO<87;O=<O<8H GO;;O:;O@O HO@01 BN:F;4F:4O 10H 25@O 18;O@. (O@0140:K EOABO;8:;O@ 2O 3FAC@;0@ 8:8=68 4ODO <FEBO;8D FAC;;0@;0 5<0; 548;<O:;O 0@040= 30;4K@K;K@. (O@01;0@K= 301;0H4K@K;<0AK, <0@:0;0=<0AK 2O A0E;0=K;<0AK 3F22O4O >;0= =>@<0B82-B5E=8:8 AO=O4;O@O 2O BO;8<0B;0@0 OA0AO= 0?0@K;K@. (O@01 1CBC;:040 B860@OB HO1O:OA8=O 40HK=K@ 2O 90EC4 :>;;5:A890 FGF= A0E;0=K;K@. 9@K-09@K B8? HO@01;0@K= (AFD@O, BC@H, 90@K<BC@H, 90@K<H8@8=) 18>;>J8 AB018;;898=8 BO<8= 5B<O: FGF= 1CBC;:040 ?0AB5@870A890, IO<G8=8= 309=0@ 4>;4C@<0 2O A>9C3 AB5@8; 4>;4C@<0 BOB183 548;8@. (O@01;0@K 2O :>=90:K 0,25; 0,375; 0,5; 0,75; 0,8 2O 1,0 ;-;8: 1CBC;:0;0@0, H0<?0= 2O 307;0H4K@K;<KH HO@01;0@K 8AO 0,4 2O 0,8 ;-;8: 1CBC;:0;0@0 301;0H4K@K;<KH HO:8;4O B860@OB HO1O:OA8=O MN=4O@8@;O@. )O4899O FGF= :>=90:;0@K 0,05-4O= 0,2 ;8B@O 3O4O@ >;0= EK@40 1CBC;:0;0@0 301;0H4K@K@;0@. GK3 A0BKH FGF= HO@01;0@K 200 ;8B@O 3O4O@ BCBC<C >;0= ?0;K4 GO;;O:;O@4O MOB8@8@;O@. (O@01, H0<?0= 2O :>=90: 301;0H4K@K;0@:O= 3CBC, 95H8: 2O 1CBC;:0;0@ <0@:0;0=K@. CBC;:0;0@0 90?KH4K@K;<KH 5B8:5B4O O<BOO =8H0=K, <OIAC;C= 04K, 8AB5IA0; 54O= <FOAA8AO=8= 04K 2O F=20=K, 1CBC;:0;0@K= BCBC<C, <OIAC; AB0=40@BK=K= =N<@OA8, IO<G8=8= 5B8:5B8= O:A BO@OD8=4O= 4>;4C@C;<0 B0@8E8 2O <0; ?0@B890AK=K= =N<@OA8 (H0<?0= HO@01K FGF=), 5B8; A?8@B8=8= IO6<O MN@O <8340@K (HO@01 2O :>=90:;0@ FGF=), HO:O@8= :FB;O9O MN@O :>=A5=B@0A890AK (BC@H HO@01;0@40= 10H30 1FBF= HO@01;0@ FGF=), :>=90: A?8@B8=8= >@B0 A0E;0=K;<0 <F44OB8 (<0@:0;K :>=90:;0@ FGF=) 3594 >;C=C@. O78 EFACA8 <0@:0;K HO@01;0@K= 4>;4C@C;4CLC 1CBC;:0=K= 1>L07 I8AAOA8=O :>=B@5B8:5B 90?KH4K@K;K@ :8, 1C@040 40 F7F<F= 9KLK;4KLK 2O HO@01K= I07K@;0=4KLK 8; MNABO@8;8@. 48 HO@01;0@40= 10H30 1FBF= HO@01 2O :>=90: 1CBC;:0;0@K=K= 1>L07 I8AAOA8=O :>;5@5B:0 :0LK7K 90?KH4K@K;K@. CBC;:0 FAC;C 8;O I07K@;0=0= H0<?0= HO@01K FGF= O;02O >;0@03 B8@0JK= I07K@;0=4KLK 8;, 250 <; 2O 40I0 G>E BCBC<;C :>=90: 1CBC;:0;0@K=40 C;4C7;0@K= A09K 2O :>=90:K= 04K, <0@:0;K HO@01;0@ FGF= A0E;0=K;<0 <F44OB8 2O <0@:0;K AN7F, :>;;5:A890 HO@01;0@K FGF= HO@01 I07K@;0=0= F7F<F= 9KLK;4KLK 8; MNABO@8;8@. >;;5:A890 HO@01K 2O :>=90:K >;0= 1CBC;:0;0@0 O;02O >;0@03 :>;;5:A89040 A0E;0=<0 <F44OB8 MNABO@8;<O:;O :>;;5:A890 AN7F 907K;<KH 90@;K3 90?KH4K@K;K@. 5H8: 2O 3CBC;0@0 4O383;8: BO;O1 54O= IB890B;K >;C=, AK=0=4K@, O<;8:4O= 3>@EC@, &ABF=F 0;B0 G528@<O<O;8 AN7;O@8 907K;K@. 9=8 70<0=40 =O3;8990B B0@0AK=0 <OIAC;C= 04K, 1CBC;:0;0@K= A09K, >=;0@K= BCBC<C 2O 301;0H4K@K;<0 B0@8E8 3594 548;8@. (O@01;0@K 1CBC;:0;0@40 I>@87>=B0; 2O7899OB4O 9KLK1 A0E;09K@;0@. CBC;:0;0@40 95H8:;O@O 9KLK;<KH HO@01;0@K 0=10@;0@40 HB015; 30940AK=40 2 <5B@ IF=4F@;F9F=4O 9KLK@;0@. 0L070=K= @OD;O@8=4O A0E;0=0= HO@01;0@K IODBO4O 18@ 4ODO 4O98H8@;O@. CBC;:0;0@40 A0E;0=4K340 0=10@ I020AK=K= =8A18 @FBC1OB8 70-75%, GO;;O:;O@4O A0E;0=4K340 8AO 75-80% >;<0;K4K@. =10@K= B5<?5@0BC@C BF=4 HO@01;0@ FGF= 14-160!, 90@K<H8@8= HO@01;0@ FGF= 2-80! >;<0;K4K@. FEBO;8D HO@01;0@K= B860@OB HO1O:OA8=4O A0E;0=K;<0 <F44OB8 1-5 094K@. (O@01;0@K 87>B5@<8: 203>=;0@40 8-160! B5<?5@0BC@40 40HK9K@;0@. 0HK=4K340= A>=@0 HO@01 3KA0 <F44OB 8AB8@0IOBO 3>9C;C@. /MO@ HO@01;0@K 1000 :<-4O= G>E <OA0DO9O 40HK9K@;0@A0, >=40 <0@:0;K BF=4 2O 45A5@B HO@01;0@K= BO<8=0B;K A0E;0=<0 <F44OB8 3 09, 048, 45A5@B 2O BF=4 HO@01;0@K=, <0@:0;K AFD@O HO@01;0@K=K= 2O H0<?0= HO@01;0@K=K= A0E;0=K;<0 <F44OB8 2 094K@. /MO@ HO@01 1000 :<-4O= 07 <OA0DO9O 40HK=K@A0, A0E;0=K;<0 <F44OB8 1 09 C70=K@. C 4N2@4O 1C;0=K3;0H0= HO@01 M5@8 309B0@K;K@. "860@OB HO1O:OA8=4O :>=90:;0@K= A0E;0=K;<0 <F44OB8 =>@<0;0H4K@K;<K@. (O@01;0@K= A0E;0=K;<0AK 70<0=K >=;0@K= BO@:818=4O 18@ G>E ?@>A5A;O@ M548@. )O<8= ?@>A5A;O@ 18>:8<9O28 2O <8:@>18>;>J8 G52@8;<O;O@ =OB86OA8=4O 10H 25@8@. !0E;0=K;<0 70<0=K HO@0140 10H 25@O= ?@>A5A;O@8 B0< 10H0 4FH<O: FGF= F7F< HO@01;0@K=K= EOABO;8:;O@8, 3FAC@;0@K 2O G0BKH<07;K3;0@K=K N9@O=<O: 2O 5;O6O 4O >=;0@K BN@O4O= AO1O1;O@8 18;81 30@HKAK=K 0;<03 FGF= BO418@ MN@<O: ;07K<4K@. 5.8. "&"& /#"+ "FBF= BO=1O:8 04;0=0= 18@8;;8: 18B:8=8= 90@?03;0@K=40= I07K@;0=K@. C 90@?03;0@K= BO@:818 <F@O::O1 >;C1 BOA8@54868 <044O=8= OA0AK=K =8:>B8= BC@HCAC BOH:8; 548@. "FBF= 18B:8A8=8= 90@?0LK C7C=A>2 A82@8, @O=M8 A0@K, G8GO98=8= @O=M8 8AO GOI@09K >;C@. 0E>@:0 18B:8A8=8= 90@?0LK 408@O28 9C<C@B020@8, AOBI8 40<0@;K, G8GO98 8AO A0@K @O=M4O >;C@. "FBF= <O<C;0BK 8AB5IA0;K FGF= OA0A E0<<0; 8:>B80=0 68=A8=O 084 >;0= 8:>B80=0 B010:C< (A0@K BFBF=) 18B:8A8=8= 5<0; 548;<8H 90@?03;0@K4K@. "FBF=F= 18@ =5GO A>@B;0@K 20@4K@ :8, 1C=;0@ 2 3@C?0 09@K;K@; A:;5B BFBF=F 2O OB8@;8 BFBF=. !:;5B BFBF=F A>@B;0@K N7F=O<OEACA BF=4 89O 2O 90EHK 404 E0AAO;O@8=O <0;8:48@, ;0:8= EFACA8 OB8@8 9>E4C@. /B8@;8 BFBF= A>@B;0@K N7F=O<OEACA E0@0:B5@8: 89O 2O BO188 OB8@O <0;8:48@, ;0:8= >=C= 404 E0AAO;O@8 G>E 40 9F:AO: 4598;48@. 0H30 O;0<OB;O@ =O7O@O 0;K=<04K340, BFBF=F= 1>B0=8:8 A>@B;0@K=K 8@890@?03;K, >@B090@?03;K 2O EK@4090@?03;K 3@C?;0@0 09K@K@;0@. C=;0@40= 8@8 2O >@B090@?03;K;0@ OB8@A87 A:;5B;8 BFBF= A>@B;0@K4K@, EK@4090@?03;K;0@ 8AO 9F:AO: :59D899OB;8 OB8@;8 BFBF=;O@48@. @890@?03;K OB8@A87 BFBF=F= O= G>E 156O@8;O=;O@8 !82@890@?03-2747, !82@890@?03-450, 5@5<>J5BA-88 2O !>1>;G52A:8 A>@B;0@K4K@ :8, 1C=;0@40= ?0?8@>A 2O A830@5B 8AB5IA0; 5B<O: FGF= 8AB8D04O 548;8@. @B090@?03;K OB8@A87 BFBF=F= O= G>E 156O@8;O=;O@8 "@017>=-93, "@017>=-1268 (0E5B8), "@017>= 1972, 1867,2578, 485, 8:3C;03-295 2O 0;>20B0 A>@B;0@K4K@ :8, 1C=;0@40= O;0 2O >@B0 :59D899OB;8 ?0?8@>A 2O A830@5B I07K@;0<03 FGF= <FB;O3 OB8@;8 =N2;O@;O 30@KH4K@K;<0;K4K@. %K@4090@?03;K OB8@;8 BFBF=F= O= G>E 156O@8;O=;O@8 F1O:-44, (8H90@?03-45, !0<AC=-27, !0<AC=-959 A>@B;0@K4K@ :8, 1C=;0@40= O;0 2O >@B0 :59D899OB;8 ?0?8@>A 2O A830@5B 8AB5IA0;K=40 A:;5B;8 BFBF=;O@O 30@KH4K@<03 FGF= M5=8H 8AB8D04O 548;8@. "FBF= 90@?03;0@K=K= 95B8H<O 4O@O6OA8=4O= 0AK;K >;0@03 8@890@?03;K A>@B;0@40 6, EK@4090@?03;K A>@B;0@40 8AO 7-8 4ODO 4O@8< 0?0@K;K@. O@8;<8H 90@?03;0@ 309B0=0 4F7F;F@ (100-200 O4O4 >;<03), 309B0=;0@ 8AO AB0=40@B GO@G82O9O (18-28 309B0=) 0AK;K1 OA0AO= MF=OH 0;BK=40 2O 90 :N;MO4O <5E0=8:;OH48@8;<8H A0@09;0@40 8-20 MF= O@78=4O 3C@C4C;C@. O7O= ?09K740 I020;0@ A>9C3 :5G48:4O BFBF= 3C@C4C6C H:0D;0@40 4 MF= O@78=4O 3C@C4C;C@. 0@?03;0@ :59D899OB6O A>@B;0H4K@K;4K340= A>=@0 D5@<5=B;OH48@8;8@. $5@<5=B;OH<O 300!-4O 70-75% =8A18 @FBC1OB4O 10-15 MF= 4020< 548@. C 70<0= BFBF=4O N7F=O<OEACA OB8@ O<O;O MO;8@. C@C4C;<CH 90@?03;0@40= O; 8;O 2O 90EC4 AKEK6K 4O7M0I;0@ 20A8BOA8;O AB0=40@B B09 (20-22 :3) 10L;0=K@. "FBF= :><18=0B;0@K=40 IO<8= BFBF=;O@4O= <FEBO;8D =8A1OB;O@4O 30@KHK3;0@ I07K@;0=K1 A830@5B 2O ?0?8@>A 8AB5IA0; 548;8@. "FBF= :><18=0B;0@K=40 BFBF= B09;0@K 0GK;K@, 1CE0@0 25@8;O@O: 8A;04K;K@ 2O =078: B5; I0;K=40 4>L@0=K@. AB5IA0; >;C=0= ?0?8@>A 2O A830@5B8= B8?8=4O= 2O A>@B;0@K=40= 0AK;K >;0@03 453CAB0B>@;0@ I0=AK BFBF=4O= =O 3O4O@ MNBF@F;F1 30@KH4K@K;<0AK=K <FO99O= 548@;O@. >L@0=K;<KH BFBF= B>740= BO<87;O=8@, A>9C4C;C@ 2O 18@ 3O4O@ A0E;0=K;K1 EFACA8 ?0?8@>A 2O A830@5B 4>;4C@0= <0HK=;0@40 M8;87;O@O 4>;4C@C;C@. "FBF=F= :>1C4 404K=K 9C<H0;B<03 2O <O<C;0BK= ;07K<8 >@30=>;5?B8:8 E0AAO;O@8=8 D>@<0;0H4K@<03 FGF= BFBF=F 1O7O= OB8@;O=48@8@ 2O A>CA;0H4K@K@;0@. "FBF=F= :8<9O28 BO@:818 G>E <F@O::O148@ 2O 18B:8=8= 1>B0=8:8 A>@BC=40=, 95B8H4898 @09>=C= B>@?03 83;8< HO@08B8=4O=, 9KLK;<0 4N2@F=4O= 2O 8;: 5<0; FAC;;0@K=40= 0AK;K4K@. $5@<5=B;OH48@8;<8H A0@K BFBF=F= BO@:818=4O 3C@C <044O9O MN@O 1,6-22,7% :0@1>I84@0B;0@, 6,4-12,9% 7F;0;8 <044O, 3,5-24,5% @54C:A89054868 <044O;O@, 1,2-7,5% ?>;8D5=>;;0@, 12,0-15,0% F728 BC@HC;0@, 1,5% 5D8@ 90L;0@K, 10,0%-O 3O4O@ 3OB@0=;0@, 12-16% :F; 5;5<=B;O@8 20@4K@. "FBF= BO@:818=4O >;0= A?5A8D8: <044O 0;:0;>84 =8:>B8=48@ (10)142). 0?8@>A BFBF=F=4O =8:>B8=8= <8340@K 0,2-4,6%-O 3O4O@, <0E>@:040 8AO 7%-O 3O4O@48@. "FBF= <O<C;0BK 8AB5I;0: 54O= 70<0= (?0?8@>A 2O 90 A830@5B GO:8;O=4O) =8:>B8= A5;8:;8 38H0 BO@OD8=4O= A>@C;C@, 30=0 :5G8@ 2O OAO1 A8AB5<8=O =0@:>B8: <044O :8<8 BOA8@ 548@. 8:>B8= 7OIO@;8 <044O48@ 2O >=C= 0,08 3@0<K 8=A0= >@30=87<8=O N;4F@F6F BOA8@ MNABO@8@. 8:>B8=4O= 10H30 BFBF=F= BO@:818=4O >=C <FH09OB 54O= 10H30 0;:0;>84;O@ 4O 20@4K@. C=;0@40= =0@=8:>B8=  9)122 2O =8:>B58=  10)122 G>E 07 >;<0AK=0 10E<090@03 F@O:-40<0@ A8AB5<8=O, =ODOA 9>;;0@K=0 2O 3840 IO7<8=O <O=D8 BOA8@ MNABO@8@. "FBF=F= :0@1>I84@0B;0@K OA0AO= IO;; >;0= HO:O@;O@4O= 810@OB48@. =;0@ BFABF9O BC@H @50:A890 25@8@ 2O I07K@ <OIAC;C= :59D899OB8=8 0H0LK A0;<K@. <<80: 2O 7F;0; 8AO BFABF9O 3O;O28;8: 25@8@. "FBF=F= E>H0MO;<O9O= 898=8= 2O 06K 404K=K= >;<0AK=0 AO1O1 >;C@. &728 BC@HC;0@40= (A8@:O, 30@KH30, 0;<0, ;8<>= 2O A.) BFBF=4O >;0= CGC6C BC@HC;0@K EFACA8 3594 5B<O: ;07K<4K@. 'F=:8 1C=;0@ BFBF= <O<C;0BK=K= OB@8=8= O<O;O MO;<OA8=4O 8HB8@0: 548@;O@. "FBF=F= OB8@;8;898 >=C= BO@:818=4O:8 5D8@ 90L;0@K=K= <8340@K=40= 0AK;K4K@. D8@ 90L;0@K, EFACAO= >=;0@K= 0H0LK 309=0<0 4O@O6OA8=O <0;8: >;0= D@0:A890;0@K BFBF= BFABFAF=F= OB@8=O BOA8@ 548@. C 8AO BFBF=F= BO@:818=4O >;0= 3OB@0=K= :59D899OB BO@:818=4O= 0AK;K4K@. F1O: B8?;8 BFBF=F= A?5A8D8: 7O@8D OB@8 >=C= BO@:818=4O >;0= 3OB@0=20@8 A?8@B8= 6)10 <8340@K=40= 0AK;K4K@. "@017>= B8?;8 BFBF=F= OB@8 8AO 3OB@0=20@8 D5=>;;0@K= >;<0AK=40= 8@O;8 MO;8@. !0<AC= B8?;8 01E07 BFBF=F= BFABFAF=F= OB@8 8AO >=C= BO@:818=4O:8 3;F:>784;O@4O= 0AK;K4K@. "FBF=F= <8=5@0; BO@:818 >=C= 90=<0AK=0 BOA8@ 548@. 0;8C< 4C7;0@K ?0?8@>AC= 90=<0AK=K ;O=M848@. 0?8@>A GO:O=8= =N21OB8 A>2C@<0AK=0 3O4O@ ?0?8@>A 90=<K@. %;>@ 4C7;0@K G>E >;4C340 8AO ?0?8@>A A>2@C;<040= 15;O N7-N7F=O 90=K@. "FBF= 8AB5I;0:K 2O ?0?8@>A GO:8<8 <O8HOB =0@:><0=890AK =N2;O@8=4O= 18@848@. .;:O<874O 2O 18@ G>E E0@868 N;:O;O@4O BFBF= <O<C;0BK 8AB5I;0:K=K= 7O@O@;8 >;<0AK I033K=40 870I54868 8H 0?0@K;K@. "FBF= <O<C;0BK @5:;0< 548;<8@. "FBF= <O<C;0BK 8AB5I;0:K 18@ G>E EOABO;8:;O@O AO1O1 >;C@. "FBF= 8AB5I;0: 54O= 040<;0@40 10H0L@K;0@K, F@O:1C;0=<0, 8HB0I0AK7;K3, 9>@LC=;C3, 9CECAC7;C3 <FHOI84O 548;8@. 5A?C1;8:040 040<10HK=0 BFBF= 8AB5I;0:K >@B0 I5A01;0 8;4O 1500 3@0<0 3O4O@48@. (8@ G>E N;:O;O@4O 3000 3@0<0 3O4O@). "FBF= <O<C;0BK=K= G5H848. "FBF= <O<C;0BK=0 A830@5B;O@, ?0?8@>A;0@, A830@;0@, B@C1:0 (3O;90=) BFBF=F, 89=O=8;O= BFBF= (1@C=>BC), G59=O=8;O= BFBF= 2O <0E>@:0 08448@. 0E>@:0 BFBF=F= EFACA8 A>@B;0@K=40= I07K@;0=K@. !830@5B;O@8= F<C<8 C7C=;CLC 70, 80, 85 2O 100 << >;C@. $8;B@8= C7C=;CLC 15, 18 2O 20 <<, BFBF= ;8D;O@8=8= 5=8 0,7:0,1 << >;<0;K4K@. !830@5B I07K@;04K340 >=C= 480<5B@8=8 0,6-0,8 <<-4O= G>E 5B<O: <OA;OIOB MN@F;<F@. /:A I0;40 A830@5B8= BO@:818=4O:8 =8:>B8=8= <8340@K 0@BK@. !830@5B;O@ :59D899OB8=4O=, 5;O6O 4O =8:>B8=8= <8340@K=40= 0AK;K >;0@03 4 B8?4O 8AB5IA0; 548;8@: 1) BO@:818=4O 9F:AO: =8:>B8= (1,5-1,1 <3/A830@5B) 2O 3OB@0= (15 <3/A830@5B) >;0=;0@; 2) =>@<0; <8340@40 =8:>B8= (1,5-1,0) 2O 3OB@0= (15-11 <3/A830@5B) >;0=;0@; 3) 9F=MF; A830@5B;O@ (1-0,6 <3/=8:>B8=, 10-5 <3/3OB@0=); 4) C;B@09F=MF; A830@5B;O@ (0,6 <3/=8:>B8=, 5 <3/3OB@0=). C@>?50= ">1066>-0:C <FOAA8AOA8 AB@0, AB@0 86IBA, AB@0 !>DB, !I8@20= 86IBA, 83>@, 83>@ 86IBA, 83>@ 548C<, 83>@ @5<8C<, 0:K, @8;;80=B !;8<, /DA0=O !>DB, 75@8, 75@8 86IBA, CA8=5AA ;C1, CA8=5AA ;C1 <8;4, 0A@80=, 0A@80= 86IBA, 0AI0 @8<0, @5AB8J5, @5AB8J5 A; 86IBA, @5AB8J5 A; <0E, @5AB8J5 A; 0=8;;0, @5AB8J5 !;8<5= 04;0@40 A830@5B <O<C;0BK 8AB5IA0; 548@. %0@868 N;:O;O@4O= @5A?C1;8:090 >=3@5AA, C=I85;, 5=B, , 0@;1>@>, 0@;0<5=B, -1, W5AB, >MC5 04;0@K=40 A830@5B;O@ MOB8@8;8@. 0?8@>A;0@ M8;878= C7C=;CLC, 480<5B@8, GO:8< I8AAO=8= C7C=;CLC 2O 480<5B@8, 8GO@8A8=O 4>;4C@C;0= BFBF=F= <8340@K 2O > 6F<;O4O= OB8@A87 (A:;5B) BFBF=F= <8340@K D087;O MNABO@8;<O:;O 18@-48MO@8=4O= DO@3;O=8@;O@. 0?8@>A 2O A830@5B;O@ 18@-18@8;O :8<9O28 BO@:81;O@8=O MN@O 4O DO@3;O=8@;O@. 5;O :8, 9F:AO: :59D899OB;8;O@4O =8:>B8= 07, 0H0LK :59D899OB;8;O@4O 8AO =8:>B8= BO4@86O= G>E0;K@. !>= 70<0=;0@ ?0?8@>A 45<O: >;0@ :8, 8AB5IA0; 548;<8@. "FBF= <O<C;0BK=K= A>@BC 0H0LK >;4C360 BO@:818=4O:8 A:;5B BFBF=;O@8= <8340@K 0@BK@ 2O >=0 MN@O 4O BO@:818=4O:8 =8:>B8=8= 4O <8340@K 0@BK@. /;0 A>@B A830@5B 2O ?0?8@>A;0@40 0,4% =8:>B8= >;4CLC I0;40, 2-68 A>@B0 084 >;0= <O<C;0B40 1,75%-O 3O4O@ =8:>B8= 20@4K@. 0@1>I84@0B;0@K= <8340@K <O<C;0BK= A>@BC 0H0LK 4FH4F:6O 070;K@, 7F;0;8 <044O;O@8= <8340@K 8AO 0@BK@. 0?8@>A;0@ FGF= <FEBO;8D :59D899OB;8 4>L@0=<KH 2O D5@<5=B;OH48@8;<8H A0@K BFBF=4O= 8AB8D04O >;C=C@. 07K<8 1O@:;89O, B0<0 2O OB@O MOB8@<O: FGF= <FEBO;8D :59D899OB;8 BFBF=;O@ BOA483 >;C=<CH BO;8<0B;0@ 2O @5A5?B;O@O <F20D83 >;0@03 <FO99O= =8A1OB;O@4O 30@KH4K@K;K@. 0?8@>A;0@K= <FEBO;8D G5H848 <FHBF9F= 2O BFBF= 1>@C6CLC=C= C7C=;CLC=0 MN@O 18@-18@8=4O= DO@3;O=8@;O@. 0?8@>A;0@ A8=8D;O@O 09@K;4K340 (1, 3, 5 2O 6) BFBF=F= @O=M8, BFBF= B0<K 2O OB@8, ?0?8@>AC= BFBF= 1>@C6CLC 2O <FHBF9F=F= C7C=;CLC, BFBF=F= BO@:818=4O >;0= B>7C 2O =O<;898 =O7O@O 0;K=K@. !B0=40@B HO@B;O@8=O <F20D83 ?0?8@>A;0@ BO<87 2O 1FBN2, 1OE9OA8 8AO 4020<;K >;<0;K4K@. 0?8@>AC= <FHBF9F M8;87 8G8=4O <NI:O< 4C@<0;K 2O BFBF= 1>@C6CLC=40= 07K 4N@4 48H <OA0DOA8=4O >;<0;K4K@ :8, BFBF= BN:F;<OA8= 2O 0LK70 4FH<OA8=. "FBF= 1>@C6CLC=40 >;0= BFBF= 5;O :OA8;<O;848@ :8, M8;878= C6C 8;O BO= >;AC= 2O 90 1 <<-O 3O4O@ 8GO@8 90BAK=. 0?8@>A;0@ AO@1OAB GO:8;<O;8 2O =>@<0; GO:8;O= 70<0= AN=<O<O;848@. 0?8@>A;0@K= F<C<8 C7C=;CLC 70; 82; 85; 92; 95 2O 105 << >;<03;0, :O=0@;0H<0 (0,5 <<-4O= G>E >;<0<0;K4K@. "FBF= 4>;4C@C;<CH M8;878= C7C=;CLC30, 32 2O 35 <<, <FHBF9F= C7C=;CLC 40; 50; 60 2O 70 << >;C@. 0?8@>A;0@0 4>;4C@C;0= BFBF=F= =O<;898 13%-4O=, BFBF= B>7C=C= <8340@K A>@BC=40= 0AK;K >;0@03 3,5-4,0%-4O= G>E >;<0<0;K4K@. "FBF= ;8D;O@8=8= 5=8 0,7 <<-48@. 59D899OB;8 A830@5B;O@8= D>@<0AK 4F7MF=, B8:8H 95@8=4O :0LK7K 90EHK 90?KH<0;K4K@. !830@5B BFBF=4O B>7C= <8340@K A830@5B8= A8=D8=4O= (1-7) 0AK;K >;0@03 2,5-4,5%-4O= G>E >;<0<0;K4K@. "860@OB HO1O:OA8=O 1C@0E4K340 =O<;898 13(2%-4O= G>E >;<0<0;K4K@. O78 A830@5B;O@ A>CA;0H4K@K;<KH BFBF=4O= 8AB5IA0; 548;8@. /B8@;O=48@<O: FGF= 20=8;8=, 3OI2O 0;45I848, <8EO:, OB8@H0I, 5D8@ 90LK=40=, <5=B>;40= 8AB8D04O 548;8@. "FBF= <O<C;0BK=K= 10H30 =N2;O@8=O A830@;0@, A0@K GO:8< BFBF=F, BO=1O:8 2O A. <O<C;0B 08448@. !830@;0@ 90@?03;K BFBF=4O= I07K@;0=K@. C=C= FGF= D5@<5=B;OH48@8;<8H 90@?03;0@ ?0@40E;0<0 9>;C 8;O A>;4C@C;4C340= A>=@0 A830@ D>@<0AK=40 1C@C;C@. !830@;0@ 3 I8AAO4O= 810@OB48@. 0E8;8 I8AAO, 8G;898 EK@40;0=<KH BFBF=4O= 810@OB48@; N9=O: I8AAO, 18@90@?03 2 95@O :OA8;48:4O= A>=@0 FAB-FABO 3>9C;C1 1F:F;F@; &AB I8AAO A09K;K@ :8, 1FBN2;F:4O A830@;0@ 1C=0 1F:F;F@. !830@;0@K= 18@ BO@OD8 B>?0;, 48MO@ BO@OD8 8AO A82@8 >;C@. !830@ 8AB5IA0;K FGF= OB8@;8 BFBF=4O= 8AB8D04O 548;8@. 2; 5; 10 2O 25 O4O4 >;<03;0 :0@B>= 3CBC;0@40 1C@0EK;K@. 59D899OB8=4O= 0AK;K >;0@03 O;0, 1-68 2O 2-68 A>@B0 09@K;K@. !830@;0@40= >A<>A, )020=0, )O2OA:0@, !?CB=8:, >;, (8<0;, >@B, 0284>DD, )010=>A !.. G5H84;8 A830@;0@K MNABO@<O: >;0@. !830@;0@K= C7C=;CLC 88, 97, 115, 120, 125 2O 140 <<, 480<5B@8 O= 30;K= 95@4O 11, 12, 13, 14 2O 16 << >;C@. 0E8;8 I8AAO4O:8 BFBF=4O B>7C= <8340@K 0,7-2,0%-4O= G>E >;<0<0;K4K@. CE0@K40 MNABO@8;O= BFBF= <O<C;0B;0@K=40= 10H30 B5; I0;K=40 4>L@0=<KH A0@K GO:8< BFBF=F 50, 100, 200 3@0< GO:84O A0BKH0 1C@0EK;K@. C BFBF=F= =O<;898 12-15%-O 3O4O@ >;0 18;O@. "O@:818=4O BFBF= ;8D;O@8=8= <8340@K 45-55%, EK@40;0=<KH BFBF=F= <8340@K 42,5-52%, BFBF= B>7C 2,5-3,0%-4O= G>E >;<0<0;K4K@. !0@K GO:8< BFBF=F 2 3@C?0 09@K;K@. !>CA;0H4K@K;<KH 2O 90 OB8@;8 GO:8< BFBF=F. !04O A:;5B BFBF=F. 59D899OB8=4O= 0AK;K >;0@03 1, 2 2O 3 !-;8 O;0 A>@B, 1-68, 2-68 2O 3-6F A>@B40 8AB5IA0; 548;8@. /B8@;O=48@8;<8H BFBF=F I07K@;0<03 FGF= <FEBO;8D F728 <044O;O@4O= 8AB8D04O 548;8@. /B8@;8 <044O;O@8= BO@:818=O 20=8;8=, 3;8A5@8=, @>< 6N2IO@8, 5D8@ 90L;0@K, 10;, 1O7O= 18B:8 90LK 40E8; 548;8@. "@C1:0 (3O;90=) BFBF=F :59D899OB8=4O= 0AK;K >;0@03 O;0, 1-68 2O 2-68 O<BOO A>@BC=40 8AB5IA0; 548;8@. O<;898 17,5-18,5%, BFBF= ;8D;O@8=8= 5=8 1,5-3,0 <<, BFBF= B>7C=C= <8340@K 0,5-2,3%-4O= G>E >;<0<0;K4K@. "O=1O:8  EFACA8 BFBF= 18B:8A8 =N2F=F= (8:>B80=0 @CAB8:0) 3C@C4C;<CH 90@?03;0@K4K@. 7O@10960=0 BO=1O:8 %++ OA@8= 0EK@K 2O %+++ OA@8= O22O;;O@8=4O MOB8@8;<8H48@. /A0AO= 3O;90= (GC1C3) 20A8BOA8;O GO:8;8@. "O@:818=4O 1,4-24,2%-O 3O4O@ =8:>B8= (10)142), 15-20% F728 BC@HC, > 6F<;O4O= 5-7% ;8<>= BC@HCAC 20@. !0@K90@?03;K BO=1O:8 40I0 :59D899OB;8 I5A01 548;8@. !>= 8;;O@ BO=1O:8 8AB5I;0:K 070;4KLK=40=, >=40= =8:>B8= BC@HCAC 8AB5IA0;K=40 8AB8D04O >;C=C@. !O=095 <8390AK=40 D5@<5=B;OH48@8;<8H BO=1O:8 90@?03;0@K A0?;0LK 8;O 18@;8:4O EK@40;0=K1 <0E>@:0 04K 8;O A0BKH0 25@8;8@. O<;898 20%-48@. "O=1O:84O= 1C@=>BC 40 (89=O=8;O= BFBF=) I07K@;0=K@. 9=O=8;O= <0E>@:0 (1C@=>BC) I07K@;0<03 FGF= <0E>@:0 B>7C=0 >=C= :FB;OA8=8= 0,5%-8 3O4O@ =0=O 90LK, 3% ?>B0H, 1% @0D8=O 548;<8H ?0B:0, 1% EN@O: 4C7C O;02O 548;81 30@KH4K@K;K@. O<;898 20%-4O= G>E >;<0<0;K4K@. /;0 A>@B (=0=O;8) 2O 90EHK;0H4K@K;<KH (K7K;10;K3) :59D899OB4O 8AB5IA0; 548;8@. "FBF= <O<C;0BK=K= :59D899OB MNABO@868;O@8. "FBF= 2O BFBF= <O<C;0BK=K= :59D899OB8 389<OB;O=48@8;O@:O= >@30=>;5?B8:8 MNABO@868;O@4O= BFABF=F= OB@8 2O 404K, E0@868 BO@B810BK, BFBF=F= M8;87O 4>;4C@C;<0AK 2O 301;0H4K@K;<0AK =O7O@O 0;K=K@. "FABF=F= OB@8 0H0LK40:K :8<8 389<OB;O=48@8;8@: 1C:5B;8 OB8@;8, 1C:5BA87 OB8@;8, A04O OB8@;8, :>1C40 G0;0= OB8@;8, 07 :>1C40 G0;0=, :>1C4 2O G>E :>1C4. "FABF=F= 404K 0H0LK40:K :8<8 FG MNABO@868 F7@O 389<OB;O=48@8;8@: 0LK740 ;O:O 3>9<0AK=0, 48;8 MN9=OB<OA8=O 2O 1>L07K 90=4K@<0AK=0 MN@O. 04K= ;07K<8 BF=4;F:4O >;<0<0AK 3FAC@ I5A01 548;8@. $878:8-:8<9O28 MNABO@868;O@8=4O= BFBF= 2O BFBF= <O<C;0BK=K= =O<;898, BFBF=F= BO@:818=4O:8 B>7C= <8340@K, =8:>B8=8= <8340@K <FO99O= 548;8@ 2O B5E=8:8 BOI;8; 0?0@K;K@. "5E=8:8 FAC;;0 A830@5B 2O ?0?8@>A;0@K= C7C=;CLC, D8;B@8= 2O 90 <CHBCLC= C7C=;CLC, BFBF= ;8D8=8= 5=8 (<<-;O), A830@5B8= 480<5B@8 2O A. MNABO@868;O@ <FO99O= 548;8@. !830@5B 2O ?0?8@>A;0@K= ;07K<8 404 2O OB@O <0;8: >;<0;0@K FGF= <FEBO;8D :59D899OB;8 BFBF=;O@ <F20D83 @5A5?BC@0;0@ OA0AK=40 30@KH4K@K;K@ 2O AB0=40@B0 C9LC= B8?4O A830@5B 2O ?0?8@>A 8AB5IA0; 548;8@. @30=>;5?B8:8 BO43830BK= =OB86O;O@8 <OIAC;C= :59D899OB8 I033K=40 HF1IO;8 =OB86O 25@48:4O <OIAC; AB0=40@B0 <F20D83 >;0@03 D878:8-:8<9O28 MNABO@868;O@ F7@O BO4383 548;<O;848@. 0?8@>A;0@K= <FEBO;8D G5H848 <FHBF9F= 2O BFBF= 1>@C6CLC=C= (GO:8;O= I8AAOA8=8=) C7C=;CLC=0 MN@O 18@-18@8=4O= DO@3;O=8@. 0?8@>A;0@K B8?;O@O 09K@4K340 >=;0@0 4>;4C@C;0= BFBF=F= @O=M8, 404K 2O OB@8, BFBF=F= BO@:818=4O >;0= B>7C= <8340@K 2O =O<;898 =O7O@O 0;K=K@. 59D899OB8 9>E;0=K;0= ?0?8@>AC= AOBI8 BO<87, 1FBN2 >;<03;0 1OE9OA8 4020<;K >;<0;K4K@. 0?8@>A <FHBF9F M8;87 8GO@8A8=4O <NI:O< 4C@<0;K 2O BFBF= 1>@C6CLC=40= 07K 4 48H <OA0DO4O >;<0;K4K@. C, >=0 MN@O 15;O >;<0;K4K@ :8, BFBF= <FHBF9F= 8GO@8A8=O BN:F;<OA8= 2O ?0?8@>A GO:8;O= 20EB 0LK70 BFBF= 4FH<OA8=. "FBF= 1>@C6CLC=40 >;0= BFBF= 5;O :OA8;<O;848@ :8, M8;878= C6C 8;O 59=8 1O@01O@;8:4O >;AC= 2O 90 1 << 3O4O@ 8GO@8 M8@<O;848@. 0?8@>A;0@ AO@1OAB GO:8;8@ 2O =>@<0; A>2@C;4C340 AN=<F@;O@. !830@5B;O@O MO;48:4O 8AO >=;0@K= D>@<0AK 4F7MF=, B8:8H 95@8=4O :0LK7K 90EHK 90?KH<0;K4K@. "860@OB HO1O:OA8=O 1C@0EK;4K340 =O<;898 11%-4O= 07, 15%-4O= G>E >;<0<0;K4K@. !830@5B;O@ G>E M56 90=<0;K, GO:8;48:4O 8AO <F3028<OBA87 GO:8;<O;848@. 0?8@>A;0@0 =8A1OBO= A830@5B;O@8= 404K 18@ 3O4O@ 9C<H03 >;<0;K4K@, GF=:8 =8:>B8=8= 18@ I8AAOA8 D8;B@4O 30;K@. =0 MN@O 4O D8;B@;8 A830@5B;O@8= BF=4;F9F 0H0LK4K@. F22O4O >;0= AB0=40@B;0@0 OA0AO= (!" 3935-81 2O !" 1505-81-O MN@O) A830@5B;O@8= 2O ?0?8@>A;0@K= >@30=>;5?B8:8 MNABO@868;O@8 30 10;; A8AB5<8 8;O 389<OB;O=48@8;8@. "FBF= BFABFAF=F= 898=O (OB@8=O)  10 10;;; "FBF= BFABFAF=F= 404K=0  10 10;;; %0@868 MN@F=FHF=O  10 10;; 389<OB 25@8;8@. 8@8=68 2O 8:8=68 B8? A830@5B;O@ >@B0 BF=4;F:4O, FGF=6F B8? >@B0 2O >@B040= 9F:AO: BF=4;F:4O, 4N@4F=6F B8? >@B040= 9F:AO: BF=4;F:4O >;<0;K4K@. !830@5B;O@8= BF=4;F9F 9CE0@K40:K HO@B;O@O C9LC= MO;<O7AO, >=40 O;02O >;0@03 A830@5B;O@8= 404 389<OB;O@8=4O= 1-2 10;; 070;4K;K@. 8@8=68 B8? 2O 90EHK;0H4K@K;<KH :59D899OB;8 A830@5B;O@8= BFBF= BFABFAF=F= OB@8=O 2O 404K=0 MN@O F<C<8 389<OB;O=48@8;<OA8 7 10;;40= 07 >;<0<0;K4K@. C 70<0= BFBF= BFABFAF=F= OB@8=O 2O 404K=0 MN@O 389<OB;O=48@8;<OA8 3,5 10;;40= 07 >;<0<0;K4K@. 0;0= B8? A830@5B;O@8= BFBF= BFABFAF=F= OB@8=O 2O 404K=0 MN@O 389<OB;O=48@8;<OA8 2 10;;40= 07 >;<0<0;K4K@. OIAC;C= F<C<8 MN@F=FHF=F= 2O 301;0H4K@K;<0AK=K= 389<OB;O=48@8;<OA8 10;;0@K= 070;4K;<0AK 9>;C 8;O 0?0@K;K@. CBC40 2O 90 ?0G:040 10H30 04;K A830@5B;O@8= >;<0AK=0 9>; 25@8;<8@. !830@5B;O@8= 2O >=;0@K= B0@0;0@K=K= E0@868 MN@F=FHF=O MN@O 389<OB;O=48@8;<OA8 10 10;;0 10 =F<C=O=8= 389<OB;O=48@8;<OA8 70<0=K 9>; 25@8;O= 3FAC@;0@K= 10;;0@K=K= >@B0 I5A01K O4O48=8= DO@38 A09K;K@. !830@5B;O@8= 2O B0@0;0@K= E0@868 MN@F=FHF=O MN@O 389<OB;O=48@8;<OA8 1 10;;40= 07 >;<0<0;K, 9F:AO: :59D899OB;8 A830@5B;O@8= 389<OB;O=48@8;<OA8 8AO 3,5 10;;40= 07 >;<0<0;K4K@. "FBF= <O<C;0BK=40 18@ G>E 3FAC@;0@ <FH0I84O >;C=C@. "FBF= <O<C;0BK=K= :8D;O=<OA8=O AO1O1 >=C= 9F:AO: =8A18 @FBC1OB4O A0E;0=K;K1 =O<;O=<OA8 AO1O1 >;C@. "FBF= BFABFAF=F= 1>H 404K 2O OB@8=O AO1O1 <O<C;0BK= BO<8=0B;K A0E;0=K;<0 <F44OB8=4O= G>E 9F:AO: B5<?5@0BC@ 2O =8A18 @FBC1OB4O A0E;0=K;<0AK4K@. "FBF= BFABFAF=F= 404 2O OB@8=8= ;07K<8 AO2899O4O >;<0<0AK=0 AO1O1 8AB5IA0; B5E=>;>M890AK=0 @809OB >;C=<0<0AK4K@. OAO;O=, D5@<5=B0A890, 3C@CB<0, M8;87O AKE 4>;4C@C;<0, :0LK7K= 3FAC@C, BFBF= 90@?0LK=K= :8<9O28 BO@:818, <O<C;0BK= N;GF;O@8=4O= :O=0@;0H<0 2O A. "FBF= 90@?0LK=40 7F;0;K=, =8:>B8=8= 2O <5B8; A?8@B8=8= G>E >;<0AK 40 1C 3FAC@0 AO1O1 >;C@. "FBF= <O<C;0BK=K= ;07K<8 AO2899O4O 90=<0<0AK=0 AO1O1 <O<C;0BK= =O<;898=8= G>E >;<0AK, G>E 4>;4C@C;<0AK, BFBF= >2C=BCAC=C= 2O B>7C=C= G>E >;<0AK4K@. C 70<0= BFBF= <O<C;0BK=K= 404K 2O OB@8 90EHK I8AA >;C=<C@. 0?8@>A, A830@5B 2O A830@;0@K= 3FAC@;0@K=0 IO<G8=8= 8AB5IA0; B5E=>;>M890AK=K= ?>7C;<0AK 2O A0=8B0@-M8M895=8: 30940;0@0 @809OB >;C=<0AK 40 AO1O1 >;0 18;O@. C=;0@ 0H0LK40:K;0@4K@: ?0?8@>A;0@K= 7O8D 1F:F;<OA8, B8:8H8= 0@0;0=<0AK, 6K@K;<0AK 2O 90?KH<KH I8AAO=8= 3>?<0AK; ?0?8@>A 2O A830@5B;O@8= 4F7MF= :OA8;<O<OA8, AOBI8=8= 1F7FH<OA8, A830@;0@K= 3ND@O;O=<OA8, :O<O@20@8 :0LK7 30B;0@K=K= 2O G8@:;O=<OA8=8= <FH0I84O >;C=<0AK; ?0?8@>A <CHBCLC=C= C7C= 2O 90 3KA0 >;<0AK, 7O8D 1F:F;<OA8 A09OA8=4O ?0?8@>AC= AK=<0AK, A830@5B;O@4O :O<O@20@8 :0LK7K= 3>?<0AK, I020 GO:<OA8 2O A.; <0@:0;0=<0=K= 4F7MF= 0?0@K;<0<0AK 2O 90EC4 >;<0<0AK; <5E0=8:8 7O4O (45H8:, G0B 2O 3K@K3;0@), G8@:;O=<O, :0@>1:0=K=, ?0:5B 2O ?0G:0;0@K= 6K@K;<0AK 2O 90 0GK;<0AK, 301;0H4K@<0 B5E=>;>M890AK=0 2O B0@090 25@8;O= BO;O1;O@ ?>7C;4C340 10H 25@O= 3FAC@;0@ 2O A.; ?0?8@>A;0@K= BFBF=F <CHBCL0 AKEK;<09K@, BFBF= ;8D;O@8 BN:F;F@ 2O <O<C;0BK= 404 2O OB@8 IO@ A>2C@<040 59=8 >;<C@. "FBF= <O<C;0BK=K= 301;0H4K@K;<0AK, <0@:0;0=<0AK 2O A0E;0=K;<0AK. !830@5B;O@8 048 D0=5@ 95H8:;O@O 2O 3ND@O;O=<8H :0@B>=40= :0@>1:0;0@0 301;0H4K@K@;0@. 5H8: 2O :0@>1:0;0@K= 8GO@8A8=O =O<;8: :5G8@<O9O= :0LK7 AO@8@;O@. 0?8@>A;0@ 10, 20, 25 2O 100 O4O4 BCB0= :0@B>= 3CBC;0@0 2O 10L;K;0@0 301;0H4K@K;K@. F:AO: :59D899OB;8 ?0?8@>A;0@K 200-300 O4O4 BCB0= 1O488 BO@B810B;K 3CBC;0@0 40 301;0H4K@K@;0@. )O<8= :0@>1:0;0@K IO@ 18@8=4O 10 2O 20 O4O4 >;<03;0 10L;09K1 (:0LK7 ;5=B;O) 048 D0=5@ 95H8:;O@O 2O 90 3ND@O;O=<8H :0@B>=40= :0@>1:0;0@0 301;0H4K@K@;0@. 5H8: 2O :0@>1:0;0@K= 8GO@8A8=O =O<;8: :5G8@<O9O= :0LK7 2O 90 D>;30 AO@8;8@. "FBF= <O<C;0BK FGF= OA0A B0@0 FG30B 3ND@O;O=<8H :0@B>=40= :0@>1:0;0@4K@. $01@8:040 ?0G:0;0@0 9KLK;<KH A830@5B;O@ 20 ?0G:0 >;<03;0 :0LK7 ;5=B;O 10L;0=K@ 2O A>=@0 :0@>1:0;0@0 9KLK;K@. 57 !-;8 AB0=40@B :0@>1:090 02B><0BK= :N<O98 8;O 12 <8= O4O4 15H8=68 4O@O6O;8 ?0?8@>A, 58 !-;8 :0@>1:090 10,5 <8= O4O4 15H8=68 4O@O6O;8 ?0?8@>A, 56 !-;8 :0@>1:090 8AO 11,2 <8= O4O4 0;BK=6K 4O@O6O;8 A830@5B 301;0H4K@K;K@. O7O= :0@B>= :0@>1:0;0@0 A830@5B ?0G:0;0@K=K 9KLK1 0L7K=K 10L;04K340= A>=@0 :0@>1:0;0@K 309=0@ ?0@0D8= (66,6%) 2O :0=8D>; (33,4%) 30@KHKLK=0 A0;K1 GKE0@K@;0@. !>=@0 IO<8= :0@>1:0;0@ 8:8-8:8 D0=5@ 95H8:;O@O 9KLK;K@. "FBF= <O<C;0BK 9KLK;0= IO@ 18@ :0@B>= 3CBC=C= F7O@8=O 0H0LK40:K;0@ 907K;K@: <FOAA8AO=8= 04K 2O F=20=K; BFBF= <O<C;0BK=K= 04K 2O 4O@O6OA8; ?0?8@>A;0@K= A09K; AB0=40@BK= =N<@OA8; HB@8E:>4. "FBF= <O<C;0BK 9KLK;<KH 95H8:;O@8= 2O :0@>1:0;0@K= F7O@8=O 0H0LK40:K;0@ 907K;K@: <O<C;0BK= <8340@K; 4O@O6O, <0@:0 2O 301;0H4K@K6K=K= =N<@OA8; 8AB5IA0; <FOAA8AOA8=8= 04K 2O F=20=K; 8AB5IA0; B0@8E8; B0@0=K= =N<@OA8; AB0=40@BK= =N<@OA8; C=40= 10H30 B0@0=K= 8GO@8A8=O 301;0H4K@K6K=K= =N<@OA8 907K;<KH 90@;K3 40 3>9C;C@. "FBF= <O<C;0BK 40HK=0= <0HK= 2O 90 203>= BO<87, :O=0@ 89A87 >;<0;K4K@. "FBF= <O<C;0BK=K 0B<>AD5@ GN:F=BF;O@8=4O= 3>@C<03 ;07K<4K@. "FBF= <O<C;0BK 40HK=0= <0HK= 2O 90 203>=40 =5DB <OIAC;;0@K, 10;K3, OB@8990B <0;;0@K >;<0<0;K4K@. 'F=:8 BFBF= :O=0@ 89;O@8 G>E B57 N7F=O GO:8@ 2O >=C= :59D899OB8 0H0LK 4FHF@. "FBF= 2O BFBF= <O<C;0BK G>E I83@>A:>?8:48@. "FBF=F= =O<;898 12% >;4C340 >=C 8 MF= =8A18 @FBC1OB8 80% >;0= 18=040 A0E;04K340 >=C= =O<;898 17,5%-O 3O4O@ 0@BK@. O<;898 C4<03;0 90=0HK IO< 4O :O=0@ 898 N7F=O GO:8@ 2O :59D899OB8 0H0LK 4FHF@. =0 MN@O 4O 8ABO@ 40HK4K340 2O 8ABO@AO 4O A0E;04K340 <0; 3>=HC;CLC=0 2O I020=K= =8A18 @FBC1OB8=O D8:8@ 25@<O: ;07K<4K@. "FBF= <O<C;0BK=K BO<87, 3C@C, 90EHK I020AK 4O98H48@8;O 18;O= 18=0;0@40 A0E;0<03 ;07K<4K@. =10@K= =8A18 @FBC1OB8 65-70%, B5<?5@0BC@C 18-200! >;<0;K4K@. 8A18 @FBC1OB8= 65%-4O= 07 2O B5<?5@0BC@C= 9F:AO: >;<0AK BFBF=F= =O<;898=8= 2O CGC6C <044O;O@8= 8B:8A8=O AO1O1 >;C@. C 8AO <O<C;0BK= :59D899OB8=8 0H0LK A0;K@. "FABF=F= 404 2O OB@8 ?8A;OH8@. =10@40 BFBF= <O<C;0BK >;0= :0@>1:0;0@ <0; 0;B;K3;0@K=K= FABF=O 9KLK;K@. 0@>1:0;0@K 4820@40= 30 A< 0@0;K, ?O=6O@O, @0480B>@ 2O A>10;0@40= 1 < 0@0;K HB015; 30940AK=40 9KL<03 ;07K<4K@. (B015;8= IF=4F@;F9F 6 :0@>1:0, 5=8 8AO 2 :0@>1:0 >;<0;K4K@. FBF= MNABO@868;O@O O<O; 5B48:4O BFBF= <O<C;0BK=K= :59D899OB8 12 09 4O98H<8@. 0?8@>A 2O A830@5B :0@>1:0;0@K=40 <FB;O3 0H0LK40:K 907K >;C@: !OI899O 078@;898 EO1O@40@;K3 548@: A830@5B GO:<O: A878= A0L;0<;KLK=K7 FGF= BOI;F:O;848@. $ / !   + " , + )07K@40 8AB8D04O 548;O= 18B:8 2O I5920= <O=HO;8 90L;0@0 BO;O10B MF=F-MF=4O= 0@BK@. 'F=:8, 3840 <OIAC;C :8<8 90L;0@ 10H30 O@703 <OIAC;;0@K=0 =8A1OBO= 40I0 G>E 5=5@J8 25@8@. -F=4O;8: 3840 @0A8>=C=40 90L;0@K= EFACA8 GO:8A8 F<C<8 5=5@J8 4O9O@8=8= 30%-O 3O4O@8=8 BOH:8; 548@. 840 8=AB8BCB;0@K BO@OD8=4O= 5;<8 6OIOB4O= 8H;O=81 BN2A89O >;C=<CH =>@<090 OA0AO= >@B0 90H;K 8=A0= MF=4O 80-100 3@ 90L 8AB5I;0: 5B<O;848@.  6F<;O4O= :O@O 90LK 20 3@, 18B:8 90LK 25 3@, I5920=0B 90LK 20 3@, <0@30@8= 2O <OB1OE 90L;0@K 30 3@ BOH:8; 5B<O;848@. AB5I;0: >;C=0= 90LK= BO@:818=4O 2-6 3@ ?>;84>9<0<KH 90L BC@HC;0@K, 5 3@ D>AD>;8?84;O@ 2O 0,3-0,6 3@ E>;5AB5@8= >;<0;K4K@. 0H;K;0@K= 40I0 G>E 18B:8 90L;0@K=40= 8AB8D04O 5B<O;O@8 <OA;OIOB48@. 0L;0@K= 3840;K;K3 4O9O@8 2O <O=8<AO=8;<OA8 >=;0@K= <O=HO8=4O=, :8<9O28 BO@:818=4O= 2O 48MO@ 0<8;;O@4O= 0AK;K4K@. 0L;0@ 90;=K7 3840 <O3AO4;O@8 FGF= 4598;, IO< 4O 9598=B8 AO=095A8=8= 18@ G>E A0IO;O@8=4O OA0A 2O 90@4K<GK E0<<0; :8<8 8AB8D04O >;C=C@. 0@30@8=, <09>=57, <OB1OE 2O 3O==04K 90L;0@K=K= OA0AK=K 18B:8 2O I5920=0B 90L;0@K BOH:8; 548@. 8B:8 90L;0@K OA0AO= MF=O10E0=, ?0<1K3, A>90, 30@LK40;K @FH59<8 2O 48MO@ 90L;K B>EC<;0@40= 0;K=K@, I5920=0B 90L;0@K 8AO OB AO=095A8 <FOAA8AO;O@8=4O <FEBO;8D I5920=;0@K= :OA8;<OA8=4O= 0;K=0= ?89;O@4O= 8AB5IA0; 548;8@. =0 MN@O 4O, 90L 8AB5IA0;K=K= 0@BK@K;<0AK=40, 18@8=68 =N21O4O 90L;K B>EC<;0@K= O:8= A0IOA8=8 0@BK@<03 2O 40I0 9F:AO: 90L;K;KL0 <0;8: >;0= A>@B;0@K= 95B8H48@8;<OA8 2068148@. :8=68A8, I5920=40@;KLK= 8=B5=A82 8=:8H0DK=K BO<8= 5B<O:;O I5920=0B 90L;0@K=K= 8AB5IA0;K=K= 0@BK@K;<0AK4K@. 0L 8AB5IA0;K=K= 2O 8AB5I;0:K=K= 0@BK@K;<0AK >=;0@K= 8AB5IA0;K=40 95=8 B5E=8:0 2O B5E=>;>M890=K= BOB183 >;C=<0AK=K BO;O1 548@. C 10EK<40= 0:K 0L 2O 840 !O=095 !-4O BOB183 >;C=0= B5E=>;>M890 2O 02040=;K3 <F0A8@ BO;O10B0 B0< 60201 25@8@. C <FOAA8AO4O 301036K; B5E=>;>M890 BOB183 >;C=<03;0 02B><0B8: 840@O >;C=0= 0EK= EOBB;O@8=4O 9F:AO: :59D899OB;8 18B:8, <OB1OE 2O <0@30@8= 90L;0@K 8AB5IA0; 548;8@. C 90L;0@K= :59D899OB8 59=O;E0;3 AB0=40@B "!--! 9000 BO;O18=O 60201 25@8@. 6.1. , + "/  / "/!$"+ 598=B8 90L;0@K :8<9O28 BO@:816O FG0B><;C A?8@B-3;8A5@8=;O <FEBO;8D 90L BC@HC;0@K=K= 18@;OH<OA8=4O= O<O;O MO;O= <F@O::O1 5D8@;O@48@. 0L;0@K= BO@:818=4O >=;0@K <FH09OB 54O= <044O;O@ 20@4K@. 8B:8 90L;0@K 98-99% 3;8A5@84;O@4O= BOH:8; >;C=<CH4C@. ;8A5@84;O@8= BO@:818=4O 4>9<CH 2O 4>9<0<KH 90L BC@HC;0@K >;C@. 048@ I0;;0@40 BA8:;8: 90L BC@HC;0@K=0, 4>9<CH 2O 4>9<0<KH I84@>BC@HC;0@0 40 @0AB MO;<O: <F<:F=4F@. 170-O 3O4O@ 90L BC@HCAC <O;C<4C@. 0L BC@HC;0@K=K= E0AAO;O@8 >=;0@K= <>;5:C;C=40 >;0= :0@1>:A8; 3@C?C=C= A09K=40=, <>;5:C; GO:8A8=4O=, 8:830B @018BO=8= >;<0AK=40= 2O >=C= A09K=40= 0AK;K4K@. 0L;0@K= BO@:818=4O 4>9<CH 90L BC@HC;0@K=40= OA0AO= 90L, :0?@>=, :0?@8;, :0?@8=, ;0C@8=, <8@8AB8=, ?0;<8B8=, AB50@8= 2O 0@0E8= BC@HC;0@K, 4>9<0<KH 90L BC@HC;0@K=40= 8AO OA0AO= >;58=, ;8=>;, ;8=>;5= 2O 0@0E84>= BC@HC;0@K >;C@. 0L BC@HC;0@K=K= :8<9O28 3C@C;CHC, E0AAO;O@8 2O I0=AK 90L;0@40 40I0 G>E @0AB MO;<OA8 O4O18990B;0@40 (3,5) 25@8;<8H48@. >9<0<KH 90L BC@HC;0@K EK@40 <>;5:C;0;K 2O 8@8 <>;5:C;0;K >;C@;0@. @8 <>;5:C;0;K 90L BC@HC;0@K=40= 810@OB 3;8A5@84;O@ OA0AO= 3C@C90= 90L;0@K= BO@:818=4O >;C@. C=;0@K 18@ AOBI F7O@8=O GO:48:4O 3C@C90@03 ;8=>:A8= ?O@4OA8 O<O;O MOB8@8@;O@. C@C90= 90L;0@K= 1C E0AAOA8=4O= 8AB8D04O 54O@O: AO=0954O >=;0@40= ;8=>;8C< 2O 90L;K 1>90 8AB5IA0; 548;8@. /MO@ 90L;0@K= BO@:818=4O 4>9<0<KH 90L BC@HC;0@K=40= >;58=, ;8=>; 2O ;8=>;5= BC@HC;0@K G>E;C3 BOH:8; 548@AO 1C 90L;0@ <095 I0;K=40 >;C@. /MO@ 90LK= BO@:818=4O 4>9<CH 90L BC@HC;0@K=40= 90L, :0?@>=, :0?@8;, ?0;<8B8= 2O AB50@8= 90L BC@HC;0@K G>E >;0@A0, 15;O 90L;0@ 1O@: :>=A8AB5=A890;K >;C@;0@. C=;0@40= 10H30 90L;0@K= BO@:818=4O 4>9<CH 90L BC@HC;0@K=40= 15M5=, A5@>B8=, <5;8AA8=; 4>9<0<KH 90L BC@HC;0@K=40= :@>B>=, =5@2>=, :A8<5=8=, <8:><8BA8=; 4>9<CH I84@>>:A8 BC@HC;0@40= A5@51@>= 2O 48I84@>>:A8AB50@8= BC@HCAC=0 @0AB MO;8=8@. 0L;0@K= BO@:818=4O <FEBO;8D <044O;O@ >;C@ :8, 1C=;0@0 90L;0@K <FH098OB 54O= <044O;O@ 4598;8@. C=;0@0 AO@1OAB 90L BC@HC;0@K, AB5@>;;0@ 2O AB5@84;O@, D>AD0B84;O@, <C<;0@, 1>90 <044O;O@8, :0@1>I84@0B;0@, 28B0<8=;O@, D5@<5=B;O@ 2O A. 08448@. 8B0<8=;O@ 90L;0@K= 3840 <O7899OB;O@8=8 9F:AO;48@; AO@1OAB 90L BC@HC;0@K 2O <C<;0@ :59D899OB8=8 0H0LK A0;K@; 1O78 <044O;O@ 8AO (3>AA8?>;, 0;:>;>84;O@ 2O 3;F:>784;O@) 90LK 3840 FGF= 90@0@AK7 548@. 4C@ :8, 90LK <FH098OB 54O= <044O;O@8= BO@:818=8 2O E0AAO;O@8=8 18;<O: 2068148@. !O@1OAB 90L BC@HC;0@K 90L;0@K= 8AB5IA0;K 2O A0E;0=K;<0AK 70<0=K B@83;8A5@84;O@8= I84@>;8B8: ?0@G0;0=<0AK 70<0=K O<O;O MO;8@. 9=8 70<0=40 AO@1OAB 90L BC@HC;0@K 0,3-1% <8340@K=40 BO7O 95B8H<O<8H 90L;K B>EC<C= BO@:818=4O 4O >;C@. 09 >;<CH 90L;K B>EC<40 2-20% AO@1OAB 90L BC@HCAC >;0 18;O@. !O@1OAB 90L BC@HCAC 90LK= :59D899OB8=8 0H0LK A0;K@ 2O BC@HC;C3 O4O48 MNABO@868A8=8 0@BK@K@. $>AD0B84;O@, 90EC4 D>AD>;8?84;O@ <>;5:C;C=0 D>AD0B BC@HCAC 30;KLK 40E8; >;0= 90L01O=7O@ <044O;O@48@. 8<9O28 BO@:818=O MN@O 3;8A5@8=;O 90L BC@HC;0@K, D>AD0B BC@HCAC 2O 07>B OA0AK=K= 5D8@;O@8=4O= 810@OB48@. D8@ @018BOA8 8;O D>AD0B BC@HCAC=40:K I84@>:A8; 3@C?C=0 18@;OH<8H A?8@B;O@8= =N2F=4O= 0AK;K >;0@03 D>AD0B84;O@ 6 3@C?0 1N;F=F@. C=;0@40= 8:8A8=O  ;5A8B8= 2O :5D0;8=O 90L;0@40 40I0 G>E @0AB MO;8=8@. 0L;0@K= BO@:818=4O <F<;0@, AB5@84;O@ 2O 48MO@ 18>;>J8 DO0; <044O;O@ 20@4K@. C<;0@ A04O ;8?84;O@O 084 >;C1 8@8 <>;5:C;0;K 90L BC@HC;0@K 8;O 18@0B><;C 8@8 <>;5:C;0;K A?8@B;O@8= 5D8@;O@848@. -F=O10E0= BC<C=40 :FB;O9O MN@O 1,8% <C< 20@4K@. C=C= 83%-8 <592O 3K;0DK=40, 16%-8 B>EC< 3K;0DK=40, 1%-8 8AO =F2O4O >;C@. 8B:8 90L;0@K=40= <C<;0@K BO<87;O<O: FGF= >=;0@K 28=B5@870A890 FAC;C 8;O 5<0; 548@;O@. 0L;0@K= 3840;K;K3 4O9O@8 >=;0@K= BO@:818=4O:8 90L BC@HC;0@K=K= :O<899OB 2O :59D899OB8=4O=, 28B0<8=;O@8= 2O 48MO@ 18>;>J8 DO0; <044O;O@8= <8340@K=40= 0AK;K4K@. 840 FGF= 40I0 G>E 8AB8D04O >;C=0= MF=O10E0=, 30@LK40;K, A>90 2O ?0<1K3 90L;0@K=K= BO@:818=4O O2O7>;C=<07 4>9<0<KH 90L BC@HC;0@K=40= ;8=>; 2O ;8=>;5=8= <8340@K F<C<8 90L BC@HC;0@K=K= 50-60%-=O 3O4O@48@. C 90L BC@HC;0@K >@30=87<4O= E>;5AB5@8=8= 0@BK3 <8340@K=K GKE0@K@, 8=A0=K= 8<<C=8B5B8=8 0@BK@K@. /MO@ 18B:8 90L;0@K=40 EK@40 <>;5:C;0;K 90L BC@HC;0@K=40= :0?@>= 2O :0?@8= 90L BC@HC;0@K >;0@A0, IO<8= 90L;0@0 :>:>A 2O ?0;<0=F2O 90LK 30@KH4K@K;4KLK MF<0= 548;8@. >:>A, ?0;<0=F2O 2O ?0<1K3 90L;0@K=40 8AO 18-24%-O 3O4O@ 8@8 <>;5:C;0;K 4>9<CH 90L BC@HC;0@K >;4CLC=40= 10-120!-4O IO<8= 90L;0@ 1C;0=K3;0HK@, 00!-4O 8AO 4>=C1 GN:F=BF 25@8@. 0:8= 1C, 90LK= :59D899OBA87 >;<0AK=K MNABO@<8@. !0;0B FGF= 8AB8D04O >;C=0= ?0<1K3 90LK 8AO @0D8=04;0H4K@K;<KH ?0<1K3 90LK=K= 4C@C D@0:A890AK >;4CLC=40= 7,50!-4O 15;O <095 I0;404K@. 8B:8 90L;0@K=K= 18>;>J8 4O9O@;8;898 >=;0@K= BO@:818=4O:8 D>AD0B84;O@8= 2O 28B0<8=;O@8= <8340@K=40= 0AK;K4K@. 'F=:8 D>AD0B84;O@ >@30=87<4O <FIF< D878>;>J8 @>; >9=09K@. ">EC<;0@0@0AK <F1048;O=8 <FH098OB 548@, A8=8@ 2O 1598= B>EC<0;0@K=K= O<O;O MO;<OA8=4O 8HB8@0: 548@, 30=K= 2O 40E8;8 >@30=;0@K= BO@:818=O 40E8; >;C@, 30= 40<0@;0@K=K= 4820@;0@K=40 E>;5AB5@8=8= B>?;0=<0AK=K= 30@HKAK=K 0;K@. 8B:8 90L;0@K=40 0,02-4,5%-O 3O4O@ D>AD0B84;O@ >;C@. C=C= <8340@K 90LK= 8AB5IA0;K FAC;C=40= 2O BO<87;O=<OA8 4O@O6OA8=4O= 0AK;K4K@. "O188 BO<87;O=<O<8H 18B:8 90L;0@K D>AD0B84;O@;O 7O=M8=48@. $>AD0B84;O@ 90LK= 1C;0=K3;0H<0AK=0, >=C= I020 >:A8M5=8 8;O 40I0 B57 >:A84;OH<OA8=O AO1O1 >;C@. C ?@>A5A;O@ 90LK= 8AB5I;0: E0AAO;O@8=8 0H0LK A0;K@, 90LK= E0@01 >;<0AK=K AF@OB;O=48@8@. $>AD0B84;O@ GN:F=BF 25@4898=4O= 18B:8 90L;0@K=40 GN:F=BF=F= <8340@K 0,1-2,2%-4O= G>E >;<0<0;K4K@. 0L;0@40 >;0= AB5@84;O@  AB5@8=;O@;O 90L BC@HC;0@K=K= <F@O::O1 5D8@;O@848@. !B5@8=;O@8= <8340@K 18B:8 90L;0@K=40 0,1-0,4%-O 3O4O@48@. !B5@8=;O@8= OA0A =F<09O=4OA8 A8B>AB5@8=48@. %>;5AB5@8= 18B:8 90L;0@K=40 >;<C@. 0:8= A8B>AB5@8=;O 18@;8:4O 3840=K= BO@:818=4O >;4C340 E>;5AB5@8=8= A>@C;<0AK=K 7O8D;O48@ 2O 15;O;8:;O 30=40 E>;5AB5@8=8= <8340@K=K 0H0LK A0;K@. 0L40 IO;; >;0= 28B0<8=4O@4O= (, , , ) 18B:8 90L;0@K=40 90;=K7  28B0<8=8 ;07K<8 3O4O@48@.  28B0<8=8 18B:8 90L;0@K=40 45<O: >;0@ :8, >;<C@. O7O= 90L;0@  28B0<8=8 2O 90 28B0<8= :>=A5=B@0BK 8;O 7O=M8=;OH48@8;8@. 594 5B<O: ;07K<4K@ :8,  28B0<8=8 I020 >:A8M5=8 8;O 0A0=;K3;0 >:A84;OH8@ 2O 18>;>J8 DO0;;KLK=K 8B8@8@.  28B0<8=8  B>:>D5@>;;0@ 18@8 48MO@8=4O= 3C@C;CHC=0 2O E0AAO;O@8=O MN@O DO@3;O=O= 8 <>48D8:0A89040 >;C@. 8B:8 90L;0@K=40  28B0<8=8 4 <>48D8:0A890;K - (, (, ( 2O ( D>@<040 >;C@. C=;0@40= ( D>@<0 40I0 G>E 18>;>J8 DO0;;KL0 <0;8:48@.  28B0<8=8= DO0;;KLK ( D>@<040= ( D>@<090 3O4O@ 070;K@, 0=B8>:A84;OH48@868 E0AAOA8 8AO 0@BK@. ( 2O ( B>:>D5@>; 18@;8:4O 0=B8>:A840=B 04;0=K@. ">:>D5@>;;0@ 18B:8 90L;0@K=K >:A84;OH<O4O= 3>@C9C@ 2O 8=A0= >@30=87<8=4O 3840;K <044O;O@8= >:A84;OH<OA8 70<0=K O<O;O MO;O= AO@1OAB @048:0;;0@K 18@;OH48@O@O: <044O;O@ <F1048;OA8=8 =>@<0;0H4K@K@ 2O >@30=87<8= 3>60;<0AK=K ;O=M848@. ">:>D5@>; O= G>E MF=O10E0= 90LK=40, O= 07K 8AO A>90 90LK=404K@. CL40 @FH59<8=4O:8 90L40 180-250 <3% B>:>D5@>; 20@4K@. 0L;0@K= BO@:818=4O ?83<5=B;O@4O= :0@>B8=>84;O@ 2O E;>@>D8; 20@4K@. C=;0@K= 18>;>J8 4O9O@8 20@. C ?83<5=B;O@ 90L;0@0 <FO99O= @O=M 25@8@. 0@>B8=>84;O@ (:0@>B8= 2O :A0=B>D8;) <FEBO;8D G0;0@;K A0@K, E;>@>D8; 8AO 90HK; @O=M 25@8@. -F=O10E0=, 30@LK40;K, E0@40; 2O 48MO@ 90L;0@ A0@K @O=M4O, 759BC= 2O A>90 90L;0@K <0A:0;0=0= 90HK;K<BK; A0@K @O=M4O >;C@. 0@>B8= ?@>28B0<8=  04;0=K@. 8@ <>;5:C;0 (-:0@>B8=4O= 8=A0= >@30=87<8=4O 2 <>;5:C;0  28B0<8=8 O<O;O MO;8@. 095 18B:8 90L;0@K=40 0,4-0,17 <3% (-:0@>B8= >;C@. /= G>E :0@>B8= (50-200 <3%) BO7O ?0;<0 90LK=404K@. 0L;0@K C7C= <F44OB A0E;04K340 :0@>B8=>84;O@ >:A84;OH8@, @O=M8=8 8B8@8@ 2O 90L @O=MA87 >;C@. 0<1K3 90LK=40 7OIO@;8 3>AA8?>; ?83<5=B8 >;C@. 0LK 3>AA8?>;40= BO<87;O<O: FGF= >=C 0=B@0=8; BC@HCAC 8;O 5<0; 548@;O@. C 70<0= 90L40 IO;; >;<090= 0=B@0=8;0B 3>AA8?>; <044OA8 O<O;O MO;8@ :8, 1C=C 40 GN:4F@<O 2O D8;B@4O= :5G8@<O:;O 90L40= 09K@K@;0@. 598=B8 90L;0@K=K= 8=A0= >@30=87<8=4O <O=8<AO=8;<OA8 4O 1N9F: OIO<899OB :OA1 548@. 0LK= B57 2O 90 M56, 07 2O 90 G>E <O=8<AO=8;<OA8 90LK= BO@:818=4O:8 3;8A5@84;O@8= O@8<O 4O@O6OA8=4O= 2O <FEBO;8D D878:8-:8<9O28 E0AAO;O@8=4O= 0AK;K4K@. "O@:818=4O ?0;<8B8= 2O AB50@8= 3;8A5@84;O@8 G>E >;0= 90L;0@ GOB8= 2O 07 <8340@40 <O=8<AO=8;8@. 'F=:8 15;O 90LK= O@8<O B5<?5@0BC@C 9F:AO:48@. OAO;O=, AB50@8= 3;8A5@848 71,60!-4O, ?0;<8B8= 3;8A5@848 65,50!-4O O@898@. 0LK= O@8<O B5<?5@0BC@C =O 3O4O@ 0H0LK 2O >@30=87<8= B5<?5@0BC@C=0 90EK= >;0@A0, 18@ > 3O4O@ 0A0=;K3;0 IO7< >;C=C@. 0LK= O@8<O B5<?5@0BC@C 370!-4O= 0H0LK >;0@A0 97-98%, O@8<O B5<?5@0BC@C 370!-4O= 9F:AO: >;0@A0 89-97% <O=8<AO=8;8@. 1 3@ 90L 9 ::0; (37,7 :>C;) 5=5@J8 25@8@. 8B:8 90L;0@K=K= BO@:818=4O 99,8-99,9% 90L >;4CLC FGF= 100 3@ 90L 898-899 ::0; 5=5@J8 25@8@. 0L;0@K= BOA=8D0BK. 0L;0@ OA0A E0<<0;K (<O=HO98), 8AB5IA0; FAC;C, BO<87;O=<OA8 2O 48MO@ MNABO@868;O@O OA0AO= BOA=8D;OH48@8;8@. 598=B8 90L;0@K <O=HO98=O MN@O 2 3@C?0 1N;F=F@: 18B:8 2O I5920=0B 90L;0@K. 1. 8B:8 90L;0@K :>=A8AB5=A890AK=0 MN@O <095 2O 1O@: 90L;0@ 3@C?C=0 09@K;K@. 1.1. 095 18B:8 90L;0@K BO@:818=4O:8 4>9<0<KH 90L BC@HC;0@K=K= :O<899OB 2O :59D899OB8=4O= 0AK;K >;0@03 4 90@K<3@C?0 09@K;K@. 1.1.1. C@C<090= 90L;0@K= BO@:818=4O >;58= BC@HCAC G>E, ?>;84>9<0<KH 90L BC@HC;0@K 8AO =8A1OBO= 074K@. C@C<090= 90L;0@0 759BC= 2O 1040< 90L;0@K 08448@. C 90L;0@K= 9>4 O4O48 100-4O= G>E >;<C@. 1.1.2. 0@K<3C@C90= 90L;0@K= BO@:818=4O >;58= BC@HCAC 8;O 90=0HK ;8=>; BC@HCAC 40 20@4K@. C 3@C?0 MF=O10E0=, 30@LK40;K,A>90 2O ?0<1K3 90LK 08448@. C 90L;0@K= 9>4 O4O48 100-145 0@0AK=40 >;C@. 1.1.3. C@C90= 90L;0@K= BO@:818=4O ?>;84>9<0<KH ;8=>;, ;8=>;5= 2O 5;5>AB50@8= 90L BC@HC;0@K 20@4K@. C@C90= 90L;0@0 :OB0= 2O GOBO=O 90L;0@K=K <8A0; MNABO@<O: >;0@. C 90L;0@K= 9>4 O4O48 190-220 2O 40I0 G>E4C@. 1.1.4. 8BA8=>; BC@HC;C 90L;0@K= BO@:818=4O 4>9<0<KH >:A8BC@HC;0@ >;C@. C 3@C?0 3C@C<090= MO=OMO@GO: 90LK 08448@. 1.2. O@: :>=A8AB5=A890;K 18B:8 90L;0@K 2 90@K<3@C?0 1N;F=F@. 1.2.1. "O@:818=4O CGC6C 90L BC@HC;0@K >;<090= 1O@: 18B:8 90L;0@K. C 3@C?0 :0:0>, ?0;<0 2O <CA:0B 90L;0@K 08448@. 1.2.2. "O@:818=4O CGC6C 90L BC@HC;0@K >;0= 1O@: 18B:8 90L;0@K. C 3@C?0 :>:>A 2O ?0;<0=F2O 90LK 08448@. 2. )5920=0B 90L;0@K 40 :>=A8AB5=A890AK=0 MN@O <095 2O 1O@: 90L;0@ 3@C?C=0 09@K;K@. 2.1. 095 I5920=0B 90L;0@K 2 90@K<3@C?0 09@K;K@. 2.1.1. C@C40 90H090= I5920=;0@K= 90LK=40 OA0AO= >;58= BC@HCAC >;C@. C 3@C?0 4K@=03 90LK 08448@. 2.1.2. O=87 I5920=;0@K 2O 10;K3 90L;0@K 0;K=<0 <O=1O98=O MN@O 3 3@C?0 1N;F=F@. 2.1.2.1. 0@0689O@ 90LK OA0AO= B@5A:0 10;KLK=K= 30@0 689O@8=4O= 0;K=K@. "8118 10;K3 90LK 04;0=K@ 2O <F0;86O28 <O3AO4;O@ FGF= 8AB8D04O 548;8@. 2.1.2.2. O=87 I5920=;0@K=K= 90L;0@K=0 <8A0; >;0@03 10;8=0 2O 45;D8= 90LK=K MNABO@<O: >;0@. 2.1.2.3. 0;K3 90LK. 2.2. O@: :>=A8AB5=A890;K I5920=0B 90L;0@K 2 90@K<3@C?0 1N;F=F@. 2.2.1. "O@:818=4O CGC6C 90L BC@HC;C 3;8A5@84;O@8 >;0= I5920=0B 90LK=0 AF4 90LK=K (8=O: 90LK=K) MNABO@<O: >;0@. 2.2.2. "O@:818=4O CGC6C 90L BC@HC;C 3;8A5@84;O@8 >;<090= I5920=0B 90LK=0 <0;, 3>9C= 2O 4>=C7 90L;0@K 08448@. CE0@K40 MNABO@8;O= BOA=8D0B 5;<8 BOA=8D0BK= BO;O18=8 B0< N4O9O 18;<8@. C, OA0AO= <095 :>=A8AB5=A890;K 18B:8 90L;0@K=0 08448@. =0 MN@O 4O <FEBO;8D O4O18990B;0@40 90L;0@K= BOA=8D0BK 48MO@ EFACA899OB;O@8=O MN@O 4O 25@8;8@. 6.2." , + 8B:8 90L;0@K=K 90L;K 18B:8;O@8= <592OA8=4O= 2O B>EC<C=40= 8AB5IA0; 548@;O@. 598=B8 90LK 8AB5IA0; 5B<O: FGF= OA0AO= MF=O10E0=, A>90, ?0<1K3, 95@DK=4KLK, 759BC=, :F=6FB, E0@40;, E0H-E0H 2O A, B5E=8:8 90L 0;<03 FGF= 8AO :OB0=, BC=3, MO=OMO@GO:, ?5@8; 2O A. 1C :8<8 90L;K B>EC<;0@40= 8AB8D04O 548;8@. 59BC= <592OA8=4O 23-49%, MF=O10E0=40 33-57%, ?0<1K3 G89848=4O 16-29%, A>9040 14-26%, 30@LK40;K =F2OA8=4O 30-48% 90L 20@4K@. 8B:8 90L;0@K=K= 8AB5IA0;K 4 <O@IO;O4O 10H0 G0BK@: - 90L;K B>EC<;0@K= BO40@F:F 2O A0E;0=K;<090 I07K@;0=<0AK; - 90L;K B>EC<;0@K= 8AB5IA0;0 I07K@;0=<0AK; - 90L;K B>EC<;0@40= 90LK= 09@K;<0AK; - 0;K=<KH 90LK= A0D;0H4K@K;<0AK (@0D8=0A890AK). 0L 8AB5IA0;K FGF= 8AB8D04O >;C=0603 90L;K B>EC<;0@ :O=0@ 30@KHK3;0@40= BO<87;O=8@, =O<;898 =>@<0;0H4K@K;K@, N;GFAF=O MN@O G5H84;O=8@, B>EC< 301KLK=40= 09@K;K@ 2O =F2O EK@40;0=K@. 8B:8 90L;0@K OA0AO= 8:8 FAC;;0  ?@5A;O<O 2O 5:AB@0:A890 FAC;C 8;O 0;K=K@. O7O= :><18=O;OH<8H FAC; 40 BOB183 548;8@. 0L;K B>EC<;0@K= ?@5A;O=<OA8 8AB8 2O A>9C3 FAC;;0 18@4ODO9O 2O 90 8:84ODO9O 0?0@K;K@. @5A;O<O FGF= H=5:;8 2O I84@02;8: ?@5A;O@4O= 8AB8D04O 548;8@. 8@4ODO9O ?@5A;O<O BO@:818=4O =8A1OBO= 90LK 07 >;0= B>EC<;0@ FGF= BOB183 548;8@. C FAC;40 90LK= GKE0@K 07, :59D899OB8 8AO 0H0LK >;C@. :84ODO9O ?5@A;O<O4O O22O;6O 90LK= 18@ I8AAOA8 0H0LK BO7983;8 ?@5A;O@4O (D>@?@5A) 09@K;K@ 2O A>=@0 95=84O= 9F:AO: BO7983;8 H=5:;8 ?@5A;O@4O (5:A?5;;5@;O@) AKEK;0@03 90L 1FBF=;F:;O 09@K;K@. C FAF;40 8B:8 G>E >;C@. ;K=<KH 90L 9F:AO: :59D899OB;8, 0GK3 @O=M;848@, ;0:8= A0E;0=K;<0L0 4020<AK74K@. AB8 ?@5A;O<O FGF= B>EC<C I07K@;04K340, >=C 8:84820@;K 3070=;0@40 3>2C@C@;0@. F:AO: B5<?5@0BC@C= BOA8@8=4O= 7F;0;;0@ 45=0BC@0B;0HK@, 0;K=0= 90LK= @O=M8 18@ 3O4O@ BF=4, 404K =8A1OBO= :OA:8=, A0E;0=K;<0L0 8AO 4020<;K >;C@. *K<KEK= BO@:818=4O 7-8% 90L 30;K@. :AB@0:A890 FAC;C 8;O 18B:8 90L;0@K=K= 8AB5IA0;K=40 F728 IO;;54868;O@4O=, OA0AO= 9F=MF; D@0:A890;K 15=78=4O= 8AB8D04O >;C=C@. :AB@0:A890 FAC;C 8;O 18B:8 90L;0@K=K= 8AB5IA0;K 0H0LK40:K 0@4K6K;;K3;0 M548@: - 90L;K B>EC<C= BO<87;O=<OA8 2O 3C@C4C;<0AK; - B>EC<C= EK@40;0=<0AK; - B>EC<40= 90LK= IO;;54868;O@;O 5:AB@0:A890AK; - IO;;54868=8= 90L40= 09@K;<0AK; - 0;K=<KH 90LK= A0D;0H4K@K;<0AK. C FAC;;0 90LK= GKE0@K 0@BK@, :59D899OB8 8AO 90EHK;0HK@. C FAC;;0 90LK= GKE0@K 9F:AO: >;C@, JK<KEK= BO@:818=4O 1%-O 3O4O@ 90L 30;K@. ><18=O;OH<8H FAC;;0 18B:8 90L;0@K=K= 8AB5IA0;K=40 O22O;6O B>EC<;0@ D>@?@5A;O@4O AKEK;K@ 2O BO@:818=4O 10-12% 90L 30;<KH JK<KE EK@40;0=K@ 2O 5:AB@0:A890 FAC;C 8;O 8:8=68 4ODO 90LK 09@K;K@. C FAC;40= ?0<1K3 90LK 8AB5IA0;K=40 40I0 G>E 8AB8D04O 548;8@. 0L;0@K= A0D;0H4K@K;<0AK E0< 90LK= :O=0@ <044O;O@4O= BO<87;O=<OA848@. !0D;0H4K@K;<0 FAC;;0@K OA0A ?@>A5A8= M5B4898 <5E0=87<O C9LC= >;0@03 D878:8, :8<9O28 2O D878:8-:8<9O28 FAC;;0@;0 0?0@K;K@. $878:8 FAC;;0@0 GN:4F@<O, D8;B@0A890 2O <O@:O74O=30G<0 0?0@0BK=40= :5G8@<O 08448@. C FAC;;0@;0 90LK= BO@:818=4O:8 <5E0=8:8 30BKHK3;0@, GN:<FH D>AD0B84;O@, AC 2O 48MO@ <044O;O@ 09@K;K@. $0A8;OA87 8H;O9O= <O@:O74O=30G<0 0?0@0B;0@K=40 90LK= <5E0=8:8 30BKHK3;0@40= BO<87;O=<OA8 40I0 AO<O@O;848@. $878:8 FAC;;0@40= D8;B@0A890, 90LK GN:F=BF;O@4O= 2O 0AK;K I8AAO68:;O@4O= 18@4ODO;8: BO<87;O98@. 8<9O28 FAC;;0@;0 A0D;0H4K@<090 I84@0B0A890 2O =59B@0;;0H4K@<0 08448@. C FAC;;0@;0 90LK= BO@:818=4O:8 :>;;>84 <044O;O@, D>AD>@;C 18@;OH<O;O@ 2O AO@1OAB 90L BC@HC;0@K BO<87;O=8@. $>AD0B84;O@8 09K@<03 <O3AO48;O 90L;0@K= AC 8;O 3K74K@K;K1 5<0; 548;<OA8=O I84@0B0A890 4598;8@. )84@0B0A890 =OB86OA8=4O D>AD0B84;O@ H8H8@, 90L40 IO;; >;<04KLK=40= GN:F@ 2O 1C 40 D8;B@0A890 8;O 09@K;K@. 9=8 70<0=40 90L A5;8:;8 2O 7F;0;8 <044O;O@4O= BO<87;O=8@. O;O28 8;O A0D;0H4K@<0 (=59B@0;;0H4K@<0) 90LK= BO@:818=4O:8 AO@1OAB 90L BC@HC;0@K, IO;;>;0= 7F;0; 2O A5;8:;8 <044O;O@8= BO<87;O=<OA848@. OB86O4O AO@1OAB 90L BC@HC;0@K 3O;O28 8;O @50:A89090 M8@O@O: A01C= O<O;O MOB8@8@. !01C= ?83<5=B;O@8, 7F;0;8 2O A5;8:;8 <044O;O@8 4O N7F 8;O 18@;8:4O GN:4F@F@. $878:8-:8<9O28 FAC;;0@0 90LK= 0L0@4K;<0AK, 457>4>@0A890AK 2O 4>=4C@C;<0AK 08448@. C FAC;;0@;0 90LK= BO@:818=4O:8 1>90 <044O;O@8 2O :OA:8= 3>EC;C 18@;OH<O;O@ BO<87;O=8@. 0L;0@K= 0L0@4K;<0AK FGF= >=;0@K 04A>@15=B;O@;O (I5920=0B :N<F@F, 3C<1@8=, 0A:0=8B-0L0@4K6K B>@?03 2O A.) 5<0; 548@;O@. 0LK= F7O@8=O 2-5% <8340@K=40 04A>@15=B O;02O 548;8@, 30@KH4K@K;K@ 2O ;07K<8 @O=M4O 90L 0;4K340= A>=@0 04A>@15=B D8;B@0A890 FAC;C 8;O 09@K;K@. 57>4>@0A890 O<O;8990BK 8;O 90L;0@K :O=0@ 3>EC 2O 404 25@O= <044O;O@4O= BO<87;O98@;O@. 0L0 :OA:8= AC 1CE0@K 25@8;8@ 2O 1CE0@ N7F 8;O :OA:8= 3>EC=C 09K@K@. !>=@0 90L 20:CC< 0;BK=40 3C@C4C;C@. 0L;0@K= 4>=4C@C;<0AK=40 <O3AO4 8@8 <>;5:C;0;K 4>9<CH 90L BC@HC;0@K=K 2O <C<;0@K 09K@<034K@. C O<O;8990B 28=B5@870A890 FAC;C 8;O BO<87;O<O 4O 04;0=K@. 0<1K3 90LK=K= A0D;0H4K@K;<0AK=K= N7 EFACA899OB;O@8 20@4K@. 0<1K3 90LK=K= BO@:818=4O 2% <8340@K=40 3>AA8?>; <044OA8 >;C@. !O@1OAB 3>AA8?>;C 3O;O28 8;O 5<0; 5481, 18@;OH<8H 3>AA8?>;C 8AO 5<C;A890;0H4K@<0 FAC;C 2O 0=B@0=8; BC@HCAC 8;O 09K@K@;0@. /= G>E 8AB8D04O >;C=0= 18B:8 90L;0@K=0 MF=O10E0=, 30@LK40;K, A>90, ?0<1K3, 759BC= 2O E0@40; 90L;0@K 084 548;8@. 8B:8 90L;0@K=40= <0@30@8= 2O <09>=57, <OB1OE 2O 3O==04K 90L;0@K 8AB5IA0;K=40, 90L40 10;K3 :>=A5@28A8 2O 48MO@ 9598=B8 AO=095A8 A0IO;O@8=4O E0<<0; :8<8 8AB8D04O 548@;O@. -F=O10E0= 90LK  18@8;;8: MF=O10E0= 18B:8A8=8= B>EC<C=40= 0;K=K@. @5A;O<O 2O 5:AB@0:A890 FAC;C 8;O O;4O 548;8@. AB8 ?@5A;O<O FAC;C 8;O O;4O 548;<8H 90L 3K7K;K-A0@K @O=M4O, 3>2@C;<CH 89O 2O 4040 <0;8:48@, IO< 4O HODD0D >;C@. !>9C3 ?@5A;O<O FAC;C 8;O 0;K=0= 90L =8A1OBO= 0GK3 @O=M4O, 7O8D OB8@;8, HODD0D;KLK =8A1OBO= 074K@. -F=O10E0= 90LK=K= 3 =N2F  HODD0D;0H4K@K;<KH, HODD0D;0H4K@K;<0<KH 2O I84@0B0A890 548;<8H 8AB5IA0; 548;8@. (ODD0D;0H4K@K;<KH 90L O<BOO A>@B;0@K=0 09@K;<K@, ;0:8= 457>4>@0A890 548;<8H 2O 457>4>@0A890 548;<O<8H G5H848=4O 8AB5IA0; 548;8@ (!" 1129-93). (ODD0D;0H4K@K;<0<KH 2O I84@0B0A890 548;<8H 90L O;0, 1-68 2O 2-68 O<BOO A>@B;0@K=0 1N;F=F@. 6B8<08 80HO <FOAA8AO;O@8=O 2O B860@OBO 25@8;O= MF=O10E0= 90LK HODD0D;0H4K@K;<KH 457>4>@0A890 548;<8H >;C@. 5;O 90LK= 404 2O 898 I8AA >;C=<C@. 0;0= =N2 2O A>@B 90L;0@40 8AO MF=O10E0= 90LK=0 E0A 89 2O 404 >;C1, :O=0@ 3>EC 2O 404, IO<G8=8= 06K;K3 I8AA 548;<O<O;848@. 2-68 A>@B 90L40 0706K3 :8D 898 2O 7O8D 06K 404 >;0 18;O@. !0D;0H4K@K;<KH 2O I84@0B0A890 548;<8H O;0 2O 1-68 A>@B 90L HODD0D 2O GN:F=BFAF7 >;<0;K4K@. 2-68 A>@B I84@0B0A890 548;<8H, O;0 2O 1-68 A>@B A0D;0H4K@K;<0<KH 90L40 7O8D 1C;0=K3;0H<0, 2-68 A>@B A0D;0H4K@K;<0<KH 90L40 8AO GN:F=BF 2O GN:F=BF=F= FABF=4O 1C;0=K3;0H<0 >;0 18;O@. -F=O10E0= 90LK=K= :59D899OB MNABO@868;O@8 AB0=40@B0 (!" 1129-93) C9LC= >;<0;K4K@. 0:K 0L 2O 840 !O=095 !-4O 457>4>@0A890 2O 28=B5@87O 548;<8H $8=0; -F=O10E0= 18B:8 90LK 8AB5IA0; 548;8@ -F=O10E0= 90LK=40= 9598=B8 <O3AO4;O@8 FGF= 40I0 G>E 8AB8D04O 548;8@. 0@30@8= 2O <09>=57 8AB5IA0;K=40, <OB1OE 2O 3O==04K 90L;0@K FGF= A0;><0A 8AB5IA0;K=40, IO<G8=8= A01C= 18H8@<O: FGF= 8AB8D04O 548;8@. 8;020A8BO 3840 FGF= A0D;0H4K@K;<KH 2O I84@0B0A890 548;<8H MF=O10E0= 90LK AO@D 548;<O;848@. 0<1K3 90LK  ?0<1K3 G89848=4O= 8AB8 ?@5A;O<O, IO<G8=8= 5:AB@0:A890 FAC;C 8;O 0;K=K@. !0D;0H4K@K;<KH 2O 457>4>@0A890 548;<8H ?0<1K3 90LK 3840 FGF= 8AB8D04O 548;O 18;O@. 0<1K3 90LK=40= 0;K=0= A0;><0A <0@30@8= 2O <OB1OE 90LK 8AB5IA0;K=40, IO<G8=8= A01C= 18H8@<O: FGF= 8AB8D04O 548;8@. 0<1K3 90LK BO98=0BK=40= 0AK;K >;0@03 3O;O28 8;O BO<87;O=8@, 0L0@4K;K@ 2O 457>4>@0A890 548;8@. O;O28 2O 0=B@0=8; BC@HCAC=C= 8HB8@0:K 8;O A0D;0H4K@K;4K340 3>AA8?>;40= BO<87;O=8@. 0<1K3 90LK A0D;0H4K@K;<KH 2O A0D;0H4K@K;<0<KH >;C@. )O@ 8:8 =N2 90L :59D899OB8=4O= 0AK;K >;0@03 O;0, 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@ (!" 1128-75). 598=B8 <O3AO4;O@8 FGF= ?@5A;O<O FAC;C 8;O 0;K=0= 2O A0D;0H4K@K;<KH O;0 2O 1-68 A>@B 90L 8AB8D04O >;C=C@. C 90L =59B@0;;0H4K@K;<KH 457>4>@0A890 548;<8H 2O 90 =59B@0;;0H4K@K;<KH 457>4>@0A890 548;<O<8H >;<0;K4K@. 0LK= @O=M8 0GK3 A0@K4K@. C=40= O;02O A0;0B FGF= 457>4>@0A890 548;<8H ?0<1K3 90LK 40 8AB5IA0; 548;8@. C=C ?@5A;O<O FAC;C 8;O 0;K=<KH 90LK 7,5-80!-4O 4>=4C@C1 D@0:A890;0@0 09K@<03 9>;C 8;O O;4O 548@;O@. C 90LK= A?5A8D8: 404K 2O 898 >;<C@, @O=M8 0GK3 A0@K4K@. 0>!-4O 7 A00B A0E;04K340 HODD0D >;<0;K4K@. !0D;0H4K@K;<KH 2-68 A>@B 2O A0D;0H4K@K;<0<KH ?0<1K3 90LK B5E=8:8 <O3AO4;O@ FGF= 8AB8D04O 548;8@. 0<1K3 90LK=K= :59D899OB MNABO@868;O@8 AB0=40@B0 (!" 1128-75) C9LC= >;<0;K4K@. !>90 90LK=K A>90 ?0E;0AK=40= 0;K@;0@. !>90 ?0E;0AK=40 15-25% 90L;0 90=0HK 18>;>J8 6OIOB4O= B0< 4O9O@;8 7F;0;8 <044O 20@4K@. !>90 7F;0;8 I5920=40@;K340 95<;O@8= 07>B;C <044O;O@;O 7O=M8=;OH48@8;<OA8=4O 1N9F: OIO<899OB :OA1 548@. !>90 90LK ?@5A;O<O 2O 5:AB@0:A890 FAC;C 8;O 8AB5IA0; 548;8@. "O<87;O=<OA8 4O@O6OA8=4O= 0AK;K >;0@03 A0D;0H4K@K;<KH, A0D;0H4K@K;<0<KH 1-68 2O 2-68 A>@B, I84@0B0A890 548;<8H 1-68 2O 2-68 A>@B A>90 90LK 8AB5IA0; 548;8@ (!" 7825-75). !0D;0H4K@K;<0<KH 2-68 A>@B 90L40= (B5E=8:8 90L4K@) 10H30 30;0= 1FBF= 90L;0@40= 9598=B8 <O3AO4;O@8 FGF= 8AB8D04O 548;8@. %0< A>90 90LK=K= @O=M8 90HK; 3OI2O98, A0D;0H4K@K;0=40= A>=@0 8AO 0GK3 A0@K4K@. !>90 90LK=K= :59D899OB MNABO@868;O@8 AB0=40@B0(!" 7825-76) C9LC= >;<0;K4K@. 0@LK40;K 90LK C=-90@<0 2O 90 =8H0AB0-?0B:0 AO=095A8=8= BC;;0=BKAK >;0= 30@LK40;K =F2OA8=4O= ?@5A;O<O 2O 5:AB@0:A890 FAC;C 8;O 0;K=K@. %0< 30@LK40;K 90LK A?5A8D8:, 1O7O= 8AO E>H0MO;<O9O= 404 2O 89O <0;8: >;C@. O=M8 0GK3 A0@K<BK; 3K@<K7K 3OI2O989O 3O4O@ >;0 18;O@. <0;K FAC;;0@K=40= 0AK;K >;0@03 30@LK40;K 90LK A0D;0H4K@K;<KH 457>4>@0A890 548;<8H, A0D;0H4K@K;<KH 457>4>@0A890 548;<O<8H 2O A0D;0H4K@K;<0<KH =N2;O@4O 8AB5IA0; >;C=C@. C 90L;0@ O<BOO A>@BC=0 09@K;<K@ (!" 8808-91). 6B8<08 80HO 2O ?O@0:O=4O B860@OB FGF= A0D;0H4K@K;<KH - 457>4>@0A890 548;<8H $8=0; 0@LK40;K 90LK 8AB5IA0; 548;8@. 59BC= 90LK=K AC1B@>?8: 759BC= 0L06K=K= <592O;O@8=4O= 2O GO98@4O: =F2OA8=4O= 8AB8 2O A>9C3 ?@5A;O<O 9>;C 8;O 0;K@;0@. 8;020A8BO 3840 FGF= 8AB8D04O >;C=0= :59D899OB;8 759BC= 90LK A>9C3 ?@5A;O<O FAC;C 8;O 0;K=K@ :8, 1C=0 40 ?@>20=A 90LK 4598;8@. 59BC= 90LK E>H0MO;O= 89 2O 4040 <0;8:48@. F:AO: :59D899OB;8 90LK= @O=M8 0GK3 A0@K40= 3K7K;K A0@K90 3O4O@, 0H0LK A>@B 90L40 8AO 90HK; G0;0@;K >;C@. 59BC= 90LK 9F:AO: :59D899OB;8 :>=A5@2 8AB5IA0;K=40 8AB8D04O >;C=C@. 59BC= <592OA8=8= OB;8: I8AAOA8=4O 55%-O, GO98@4O98=4O 8AO 12-13% 90L >;C@. "O@:816O 1C 90L;0@ 59=848@. !>9C3 ?@5A;O<O 9>;C 8;O 90L 09@K;4K340= A>=@0 2-68 4ODO 8AB8 ?@5A;O<O 8;O 95@4O 30;0= 90L 09@K;K@ :8, 1C 40 B5E=8:8 <O3AO4;O@ FGF= 8AB8D04O 548;8@. @>20=A 90LK C7C= <F44OB A0E;0=K;4K340 1C;0=K3;0HK@. 0:K 0L 2O 840 !O=095 !-4O   <0@:0;K E0;8A $8=0; 59BC= 90LK 8AB5IA0; 548;8@( !" 574-86). %0@40; 90LK 0L 2O A0@5?B E0@40;K= B>EC<;0@K=40= 0;K=K@. ">EC<C=40 30-38% 90L >;C@. %0@40; 90LK=40 50%-O 3O4O@ 5@C: BC@HCAC 20@4K@. @C: BC@HCAC E0GG8GO:;8;O@ DOA8;OA8=O 084 >;0= 10H30 18B:8 B>EC<;0@K=K= (@0?A, 90LG8GO98 2O A.) 90LK=40 40 >;C@. %0@40; B>EC<C=40 B8>3;F:>784;O@ 4O 20@4K@. "8>3;F:>784070 D5@<5=B8=8= BOA8@8=4O= ?0@G0;0=K@ 2O CGC6C 0;;8;-E0@40; 5D8@ 90LK O<O;O MOB8@8@. %0@40; 90LK=K= OA0A EFACA899OB8 >=40= 810@OB48@ :8, >:A84;OH<O9O 4020<;K4K@ 2O C7C= <F44OB A0E;04K340 06K;0H<K@. %0@40; 90LK A0D;0H4K@K;<0<KH 8AB5IA0; 548;8@. 59D899OB8=4O= 0AK;K >;0@03 O;0, 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@. 8;020A8BO 3840 FGF= O;0 2O 1-68 A>@B 90L 8AB8D04O 548;8@. 2-68 A>@B 90L B5E=8:8 <O3AO4;O@O AO@D >;C=C@. %0@40; 90LK A0@K 2O 90 90HK<BK;-A0@K @O=M4O, HODD0D >;<0;K4K@. 0LK= 404K 2O 898 E0@40;0 C9LC= >;C1, :O=0@ 89, 404 2O 06K;K3 I8AA >;C=<0<0;K4K@. %0@40; 90LK=K= :59D899OB MNABO@868;O@8 AB0=40@B0 (!" 8807-74) C9LC= >;<0;K4K@. %0@40; 90LK=40= 3O==04K 2O :>=A5@2 AO=095A8=4O 8AB8D04O >;C=C@. 0L 0;K=4K340= A>=@0 95@4O 30;0= J<KE40= E0@40; B>7C 2O E0@40; 5D8@ 90LK 8AB5IA0; 548;8@. %0@40; B>7C=40= O42899O :8<8 9598=B8 AO=095A8=4O 2O 86B8<08 80HO4O 8AB8D04O >;C=C@. 75@AC= )>;48=3 H8@:OB;O@ 3@C?C=C= BO@:818=4O DO0;899OB MNABO@O= 0:K 0L 2O 840 !O=095 !-4O $8=0;, ;5=4>, >;>B>5 A>;=KH:> 2O "5:AC= <0@:0;K 18B:8 90L;0@K 8AB5IA0; >;C=C@. C 90L;0@K= OA0AK=K MF=O10E0=, 30@LK40;K 2O A>90 90L;0@K BOH:8; 548@. O@: 18B:8 90L;0@K=40= O= G>E 8AB8D04O >;C=0=;0@ :0:0> 2O ?0;<0 90LK4K@. 0:0> 90LK :0:0> ?0E;0AK=40= 8AB8 ?@5A;O<O FAC;C 8;O 0;K=K@. 0:0> ?0E;0AK 5:A8:0, 5@C, @078;890, IO<G8=8= !59;>=, 020 2O "A5;515A 040;0@K=40 156O@8;8@. "@>?8: N;:O;O@4O 18BO= 2O E890@0 >EH090= :0:0> <592OA8=8= IO@ 18@8=4O 50-80 O4O4 ?0E;0 >;C@. C=C= BO@:818=4O 58%-O 3O4O@ 90L 20@4K@. "O@:818=4O B5>1@><8= 0;:0;>848 >;C@. 0:0> ?0E;0AK O22O;6O 3>2@C;C@, 301K340= (:0:025;;0) BO<87;O=8@ 2O EK@40;0=K@. 0L 8AB8 ?@5A;O<O FAC;C 8;O 0;K=K@. "O@:818=4O 18-20% 90L 30;0= J<KE F9F4F;F@ 2O :0:0> B>7C O;4O 548;8@. 0:0> B>7C 3O==04K AO=095A8 FGF= 389<OB;8 2O O2O7548;<O7 E0<<0;4K@. 0:0> 90LK 1O@: :>=A8AB5=A890;K 0L-A0@K<BK; @O=M;8, E>H 89 2O B0<;K >;C@(!" 10766-84). 0H30 90L;0@40= DO@3;8 >;0@03 >:A84;OH<O9O 30@HK 4020<;K4K@. C, >=C= BO@:818=4O 0=B8>:A84;OH48@868;O@8= >;<0AK 8;O O;03O40@4K@. 0:0> 90LK=40= OA0AO= 3O==04K AO=095A8=4O 8AB8D04O >;C=C@. =40= IO<G8=8= OB@8990B AO=095A8=4O 2O 4O@<0=;0@K= I07K@;0=<0AK FGF= B8114O 8AB8D04O >;C=C@. 0:0> 90LK 4F=90 1070@K=40 G>E 389<OB;8 >;4CLC=40=, >, 1O7O= ?0;<0, :>:>A 2O 10H30 90L;0@;0 A0EB0;0H4K@K;K@. 0;<0 90LK B@>?8: ?0;<0 0L06K=K= <592O;O@8=4O= ?@5A;O<O FAC;C 8;O 0;K=K@. /A0AO= O@:O78 D@8:040 2O 10H30 B@>?8: N;:O;O@4O 18B8@. 592O=8= 23-70%-=8 OB;898, 15-60%-=8 301KLK, 10-30%-=8 =F2OA8 BOH:8; 548@. /B;8: I8AAOA8=4O 45-65% 90L >;C@. C 90L ?0;<0 =F2O 90LK=40= DO@3;O=8@. 'F=:8 ?0;<0=F2O 90LK=K= BO@:818=4O CGC6C 90L BC@HC;0@K 20@4K@. 0;<0 90LK=40 8AO :0:0> 90LK :8<8 CGC6C 90L BC@HCAC 9>E4C@. D@8:040 ?0;<0 90LK=K 3840 FGF=, 2@>?040 8AO A01C= 2O H0< 8AB5IA0;K FGF= AO@D 548@;O@. %0< ?0;<0 90LK=K= E>H OB@8 (1O=N2HO OB@8) 2O 404K >;C@. "O@:818=4O :0@>B8= G>E >;4CLC FGF= =0@K=6K-3K@<K7K @O=M4O48@. C 90LK= OA0A EFACA899OB8 >=40= 810@OB48@ :8, N710HK=0 I84@>;87 >;C=C@ 2O BC@HC;C3 O4O48 25-30 <3 -0 3O4O@ 0@BK@. 8B:8 90L;0@K=K= :59D899OB MNABO@868;O@8. @30=>;5?B8:8 MNABO@868;O@4O= 90L;0@K= 898, 404K, @O=M8, HODD0D;KLK 2O GN:F=BF=F= <8340@K <FO99O= 548;8@. 9 IO@ 90L FGF= N7F=O<OEACA, A?5A8D8:48@. 0L;0@K= 898=8 15-200! B5<?5@0BC@40 BO98= 548@;O@. C <O3AO4;O 90LK ;N2IO9O 2O 90 O;8= FABF=O AF@BF1 89;O98@;O@. O7O= 90LK= 898=8 BO98= 5B<O: FGF= >=C 500! 3O4O@ 3K74K@K@;0@. 0LK= 898=8= =>@<0; 2O N7F=O<OEACA >;<0AK BO7O;8: =8H0=OA848@. FAC@;C E0<<0;40= 8AB5IA0; >;C=0= 90L40 :O=0@ 3>EC >;C@. !>9C3 ?@5A;O<O FAC;C 8;O 0;K=<KH 90L40 45<O: >;0@ :8, 3>EC >;<C@. AB8 ?@5A;O<O4O= 0;K=0= 90L 8AO :OA:8= 3>EC;C >;C@. 0LK= 404K 40 898=4O >;4CLC :8<8 IO<8= MNABO@868;O@4O= 0AK;K4K@. !>9C3 ?@5A;O<O FAC;C 8;O 0;K=0= 18B:8 90LK 40I0 7O@8D 404;K >;C@. 59@8-=>@<0; HO@08B4O A0E;0=K;<KH 90LK= 404K :OA:8= 4O98H8@. 0L;0@K= 404K=K 200! B5<?5@0BC@40 BO98= 548@;O@. 0LK= @O=M8 >=C= BO@:818=4O:8 1>90 <044O;O@8=8= (?83<5=B;O@8=) :O<899OB 2O :59D899OB8=4O= 0AK;K4K@. !>9C3 ?@5A;O<O FAC;C 8;O 0;K=<KH 2O A0D;0H4K@K;<KH 90LK= @O=M8 =8A1OBO= 0GK3 >;C@. 0LK= BO@:818=4O E;>@>D8; >;4C340, >, A0@K<BK;-90HK; @O=MO, :0@>B8=>84;O@ >;4C340 8AO A0@K<BK;-=0@K=6K @O=MO G0;K@. 0LK= @O=M8=8 BO98= 5B<O: FGF= 480<5B@8 50 << >;0= :8<9O28 ABO:0=0 50 << IF=4F@;F:4O= 07 >;<090@03 90L BN:F;F@ 2O MF= 8HKLK=40 @O=M8 BO98= 548;8@. 0L;0@K= O<BOO :59D899OB8 9>E;0=4K340 HODD0D;KLK 2O GN:F=BF=F= <8340@K <FO99O= 548;8@. 0LK= HODD0D;KLK=K BO98= 5B<O: FGF= 100 <; 90L 0L7K 10L;0=0 18;O= A8;8=4@O BN:F;F1 200! B5<?5@0BC@40 24 A00B A0E;0=K;K@. 0L40 1C;0=;K3 30@KHK3;0@ 2O 0AK;K <044O;O@ >;<0A0, 45<O;8 90L HODD0D4K@. 'N:F=BF=F= <8340@K GO:8 2O 90 IO6< FAC;C 8;O BO98= 548;8@. O@: 90L;0@K= :>=A8AB5=A890AK >B03 B5<?5@0BC@C=40 H?0B5; 8;O BO98= 548;8@. 0L;0@K= BO@:818=4O:8 D>AD0B84;O@8= <8340@K I84@0B0A890 FAC;C 2O 90 <O@:O74O=30G<0 0?0@0BK=40 BO98= 548;8@. C=C= FGF= I84@0B0A890 548;<8H 90L GO:8A8 O22O;6O4O= <FO99O= 548;<8H 3C@C D8;B@4O= AF7F;F@, A>=@0 D8;B@4O:8 GN:F=BF 0A5B>=;0 9C9C;C@, 408<8 :FB;O 0;K=0=0 3O4O@ 3C@C4C;C@ 2O D087;O I5A01;0=K@. 0L;0@K= :59D899OB8=O >=;0@K= BO@:818=4O:8 A01C=;0H<090= <044O;O@8= 2O A01C=C= <8340@K BOA8@ 548@. /MO@ 90LK= BO@:818=4O A01C=;0H<090= <044O;O@ 20@4K@A0, 1C 90LK= BO<87;898=8 2O BO188;898=8 MNABO@8@. /MO@ 90LK 3O;O28 8;O A0D;0H4K@4K340= A>=@0 BO@:818=4O A01C= 30;0@A0, 1C >=C= :59D899OB8=8 0H0LK A0;K@. 0L40 A01C=C= >;<0AK=K BO98= 5B<O: FGF= 18@ 3O4O@ 90L AC 8;O 309=04K;K@, A>=@0 AC 45:0=B0A890 FAC;C 8;O 09@K;K1 D5=>;DB0;58= 8;O 3O;O28=8= >;C1->;<0<0AK <FO99O=;OH48@8;8@. /MO@ 90L40 A01C= 9>E4C@A0, IO<8= AC @O=MA87 30;K@. 0L;0@K= :59D899OB8 FGF= 09@K-09@K D878:8-:8<9O28 MNABO@868;O@8= 1N9F: OIO<899OB8 20@4K@. 59D899OB E0@0:B5@8AB8:0AK FGF= 1C MNABO@868;O@4O= IO6< :FB;OA8 2O 90 AKE;KLK, HF0AK=4K@<0 O<A0;K, O@8<O 2O 4>=<0 B5<?5@0BC@C, AC40 IO;; >;0= 2O AC40 IO;; >;<090= CGC6C 90L BC@HC;0@K=K= <8340@K, A01C=;0H<0 O4O48, 9>4 O4O48, BC@HC;C3 O4O48, 0A5B8; 2O 5D8@ O4O48 <FO99O= 548;8@. 0L;0@K= IO6< :FB;OA8 2O 90 AKE;KLK 200! B5<?5@0BC@40 0@5><5B@, ?8:=><5B@ 2O 90 I84@>AB0B8: BO@O78 20A8BOA8;O BO98= 548;8@. 8:=><5B@;O BO98= 5B48:4O 40I0 4O383 <O;C<0B O;4O 548;8@. ;8A5@84;O@8= BO@:818=4O EK@40 <>;5:C;0;K >:A8BC@HC;0@ 2O 4>9<0<KH BC@HC;0@ =O 3O4O@ G>E >;0@A0, 18@ > 3O4O@ 90LK= AKE;KLK 0@BK@. 0L;0@K= AKE;KLK 0,9100-0,9700 0@0AK=40 >;C@. 4C@ :8, 1FBF= 90L;0@ AC40= 9F=MF;4F@;O@. !C40 IO;; >;<C@;0@, ;0:8= AOBI8 MO@8;<O=8 070;40= <044O;O@ 30B4K340 4020<;K 5<C;A890 O<O;O MOB8@8@;O@. 0L;0@ F728 IO;;54868;O@4O IO;; >;C@;0@. 0L;0@K= 1C E0AAOA8=4O= 8AB8D04O 5B<O:;O AO=0954O 5:AB@0:A890 FAC;C 8;O 18B:8 90L;0@K 8AB5IA0; 548;8@. 0L;0@K= HF0AK=4K@<0 O<A0;K @5D@0:B><5B@;O BO98= 548;8@. 0LK= BO@:818=4O 8@8 <>;5:C;0;K 4>9<0<KH 90L BC@HC;0@K 2O I84@>:A8; 3@C?C =O 3O4O@ G>E >;0@A0, HF0AK=4K@<0 O<A0;K 18@ > 3O4O@ 9F:AO: >;C@. OAO;O=, 200! B5<?5@0BC@40 MF=O10E0= 90LK=K= HF0AK=4K@<0 O<A0;K 1,4762; 3>9C= 90LK=40 8AO 1,4383-4F@. 0L;0@K= O@8<O 2O 4>=<0 B5<?5@0BC@C >=;0@K= BO@:818=4O:8 90L BC@HC;0@K=K= <FEBO;8D;898=4O= 0AK;K4K@. >9<CH 90L BC@HC;0@K=K= O<O;O MOB8@48:;O@8 B@83;8A5@84;O@8= O@8<O B5<?5@0BC@C 4>9<0<KH BC@HC;0@K= 3;8A5@84;O@8=O =8A1OBO= 9F:AO:48@. =0 MN@O 4O BO@:818=4O 4>9<CH 90L BC@HC;0@K <8340@60 G>E >;0= I5920=0B 90L;0@K >B03 B5<?5@0BC@C=40 1O@: I0;40, 4>9<0<KH 90L BC@HC;0@K >;0= 18B:8 90L;0@K 8AO <095 I0;40 >;C@. 0L;0@K= BO@:818=4O:8 4>9<0<KH 90L BC@HC;0@K=K= <8340@K=K <FO99O=;OH48@<O: FGF= 9>4 O4O48=8 BO98= 5B<O: ;07K<4K@. 100 3@ 90L0 18@;OHO 18;O= 9>4C= 3@0<;0 <8340@K=0 9>4 O4O48 4598;8@. O@: 90L;0@40 4>9<0<KH 90L BC@HC;0@K=K= <8340@K 07 >;4CLC=40= 9>4 O4O48 4O 074K@. O@: 90L;0@K= 9>4 O4O48 28-40, <095 90L;0@K= 9>4 O4O48 8AO 120-200 0@0AK=40 >;C@. "C@HC;C3 O4O48 90LK= AB0=40@B MNABO@868A848@. =C= <8340@K=0 MN@O 90LK= BO7O 2O 90 :NI=O;898 <FO99O= 548;8@. 0LK C7C= <F44OB A0E;04K340 I84@>;87 =OB86OA8=4O AO@1OAB 90L BC@HC;0@K=K= <8340@K 0@BK@. 1 3@ 90LK= BO@:818=4O >;0= AO@1OAB 90L BC@HC;0@K=K= =59B@0;;0H<0AK=0 AO@D >;C=0= :0;8C<-I84@>:A848= <8;;83@0<;0 <8340@K=0 90LK= BC@HC;C3 O4O48 4598;8@. "C@HC;C3 O4O48=8= AB0=40@B MNABO@868A8=4O= G>E >;<0AK >=C= :59D899OB8=8= 0H0LK >;4CLC=C MNABO@8@. 0L;0@K= 3O;O28 8HB8@0:K 8;O I84@>;878 A01C=;0H<0 @50:A890AK 04;0=K@. C @50:A890 =OB86OA8=4O AO@1OAB 3;8A5@8= 2O 90L BC@HC;0@K=K= 4C7;0@K >;0= A01C= O<O;O MO;8@. !01C=;0H<0 @50:A890AK FGF= =0B@8C<-I84@>:A844O= 8AB8D04O 5B48:4O 1O@: A01C=, :0;8C< I84@>:A844O= 8AB8D04O 5B48:4O 8AO <095 A01C= 0;K=K@. 1 3@ 90LK A01C=;0H4K@4K340 AO@1OAB 2O 90LK= I84@>;878=4O= 0;K=0= 18@;OH<8H 90L BC@HC;0@K=K= =59B@0;;0H<0AK=0 AO@D >;C=0= :0;8C<-I84@>:A848= <8;;83@0<;0 <8340@K=0 A01C=;0H<0 O4O48 4598;8@. !01C=;0H<0 O4O48 90LK= E0AAOA8=8 E0@0:B5@87O 54O= <FEBO;8D :O<899OB;O@4O= 18@848@. 0LK= BO@:818=4O EK@40 <>;5:C;0;K 90L BC@HC;0@K=K= <8340@K 0@B4K360 A01C=;0H<0 O4O48 4O 0@BK@. OAO;O=, :O@O 90LK=K= A01C=;0H<0 O4O48 223-233 >;4CLC I0;40, I5920=0B 90L;0@K=K= A01C=;0H<0 O4O48 192-196-90 1O@01O@48@. CE0@K40 E0@0:B5@87O 548;O= MNABO@868;O@;O 90=0HK BO6@F1O4O 90L;0@K= 59E5@B-59AA5; O4O48, >;5=A:5 O4O48, 5D8@ O4O48, 0A5B8; O4O48, I84@>:A8; O4O48, @>40= O4O48 2O A. <FO99O= 548;8@. C MNABO@868;O@ 90L;0@K= 90L BC@HC BO@:818=8= <FEBO;8D;898=8, BO@:818=4O:8 A01C=;0H<090= <044O;O@8 2O 10H30 E0AAO;O@8 E0@0:B5@87O 548@. 8B:8 90L;0@K=K= 301;0H4K@K;<0AK, <0@:0;0=<0AK 2O AE;0=K;<0AK. 8B:8 90L;0@K 1CBC;:0;0@0 2O 90 0GK3 A0BKH FGF= 8@8 B0@090 301;0H4K@K;K@. !0D;0H4K@K;K1 457>4>@0A890 548;<8H 18B:8 90LK <FB;O3 <FO99O= GO:84O 1CBC;:0;0@0 301;0H4K@K;<KH >;<0;K4K@. 8B:8 90LK 90@K<0L, HODD0D, BF=4 3OI2O98 2O 90 BF=4 90HK; @O=M;8, BCBC<C 250, 400 2O 500 3@ >;0= HFHO 1CBC;:0;0@0, 400, 500 2O 1000 3@ :FB;O4O !OI899O 078@;898=8= 8607O 25@4898 ?>;8<5@ <0B5@80;40= I07K@;0=<KH 1CBC;:0;0@0 301;0H4K@K;K@. >; 25@8;O= :O=0@;0H<0 =5BB> :FB;O9O MN@O (1%-4O= G>E >;<0<0;K4K@. 0L 4>;4C@C;<CH 1CBC;:0=K= 0L7K B0EB0 BKE06, :0@B>= :0?AC;0, 0;F<8=8C< D>;3040= 2O 90 ?;0AB<0A40= I07K@;0=<KH 30?03;0 M5@<5B8: 10L;0=<0;K4K@. "0EB0 BKE06 2O :0@B>= :0?AC;0=K= FABF=O O@848;<8H 30B@0= (AC@3C6) BN:F;<O;848@. )O@ 18@ 1CBC;:090 1O488 BO@B810B;K 5B8:5B 90?KH4K@K;K@. C@040 90L 8AB5IA0; 54O= <FOAA8AO=8= 04K, >=C= F=20=K, O<BOO =8H0=K, 90LK= =N2F 2O A>@BC, 3@0<;0 =5BB> :FB;OA8, 4>;4C@C;<0 B0@8E8, AB0=40@BK= =N<@OA8 2O HB@8E:>4 907K;K@. >;4C@C;<0 B0@8E8 :><?>AB9>@ 8;O 5B8:5BO 2O 90 =0EKH 10A<03;0 30?0L0 3594 >;C=0 18;O@. CBC;:0;0@ MN76F:;O@8 >;0= ?>;8<5@ 2O 90 :0@B>= 95H8:;O@O 9KLK;K@. 8B:8 90LK BCBC<C 25 ;8B@ >;0= <5IBO@O;O@O, 200 ;8B@ >;0= <5B0; GO;;O:;O@O 4O 301;0H4K@K;K@. C=40= O;02O 18B:8 90L;0@K 4O<8@ 9>;C A8AB5<;O@8=4O, A8AB5@=;8 02B><>18;;O@4O 4O 40HK=K@. 8B:8 90LK 301;0H4K@K;0= B0@0 BO<87, 3C@C 2O :O=0@ 89A87 >;<0;K4K@. GK3 =O3;8990B40 40HK=4K340 1CBC;:0;0@0 301;0H4K@K;<KH 18B:8 90LK 0B<>AD5@ GN:F=BF;O@8=4O= 3>@C=<0;K4K@. CBC;:0;0@0 301;0H4K@K;<KH 18B:8 90LK 30@0=;K3 18=0;0@40 180!-4O= 9F:AO: >;<090= B5<?5@0BC@40 A0E;0=K;<0;K4K@. 8B:8 90LK=K= A0D;0H4K@K;<0AK FAC;C=40=,0=B8>:A840=B;0@K= BOB1838=4O= 2O 48MO@ 0<;;O@4O= 0AK;K >;0@03 1CBC;:090 4>;4C@C;4CLC MF=4O= 5B810@O= BO<8=0B;K A0E;0=K;<0 <F44OB8 6 0940= 2 8;O 3O4O@48@. C <F44OB :5G48:4O= A>=@0 A0BKH0 25@8;<O74O= O22O; 90LK= :59D899OB8=8= AB0=40@B0 <F20D83;898 9>E;0=K;<0;K4K@. 8B:8 90L;0@K 18;020A8BO 3840 FGF= AO@D >;C=<03;0 90=0HK B5E=8:040, I84@>M5=;OH48@8;<8H 90L;0@K= 2O <0@30@8= 90LK 8AB5IA0;K=40 E0<<0; :8<8 8AB8D04O >;C=C@. OI7 1C=0 MN@O 4O 18B:8 90L;0@K=K= A0E;0=K;<0AK 4F7MF= BOH:8; 548;<O;848@. !0E;0=K;<0 70<0=K 18B:8 90L;0@K=40 E0@868 0<8;;O@8= BOA8@8=4O= 4O98H8:;8: >;C@. C 0<8;;O@O I020=K= >:A8M5=8, B5<?5@0BC@C= 9F:AO;<OA8, 8HKLK= 2O AC9C= BOA8@8 08448@. 0LK C7C= <F44OB A0E;0<03 FGF= >=C <FB;O3 4505@0A890 5481 0@BK3 >:A8M5=4O= BO<87;O98@;O@ 2O D8;B@4O= :5G8@81 0AK;K I8AAO68:;O@4O= BO<87;O98@;O@. 'F=:8 0AK;K I8AAO68:;O@ D5@<5=B;O@8= <O=1O98 2O 90 <8:@>>@30=87<;O@ FGF= 3840 <FI8B8 >;0 18;O@. O;C<4C@ :8, 90L;0@K= E0@01 >;<0AK=0 AO1O1 D5@<5=B;O@8= 2O <8:@>>@30=87<;O@8= DO0;899OB848@. 8B:8 90L;0@K=K A0E;0<03 FGF= EFACA8 <5B0; A8AB5@=;O@4O= 2O @575@2C0@;0@40= 8AB8D04O 548;8@. C=;0@ AC90 4020<;K 2O 8HKLK O:A 5B48@O= 1>90 8;O @O=M;O=<O;848@. 0E8;8 I8AAO4O= 8AO IO<8= A8AB5@=;O@ 2O @575@2C0@;0@ 30;09;0=<0;K 2O 90 ;0:;0 N@BF@;<O;848@. 0L;0@K= A0E;0=K;<0AK 70<0=K BO@:818=4O 10H 25@O= ?@>A5A;O@O I84@>;87, >:A84;OH<O, 30EAK<0, ?89;OH<O 2O A 08448@. C ?@>A5A;O@8= 10H 25@<OA8 =OB86OA8=4O 9598=B8 90L;0@K=K= BO@:818 2O :59D899OB8 4O98H8@. 6.3. )" , + )5920=0B 90L;0@K=K 8AB5IA0; 5B<O: FGF= OA0A E0<<0; OB :><18=0B;0@K=40 <0;-30@0=K= 5<0;K=40= 0;K=0= E0< ?89 2O AF<F:4F@. %0< ?89 <FEBO;8D MNABO@868;O@8=O MN@O =N2;O@O 09@K;K@. )5920=K= =N2F=4O= 0AK;K >;0@03 E0< ?89 <0;, 3>9C=, 4>=C7, :5G8, 0B 2O A. ?89O 09@K;K@. 0L B>EC<0AK=K= 6O<4O98= I0=AK I8AAOA8=4O 95@;OH<OA8=4O= 0AK;K >;0@03 4O@80;BK, 40E8;8, O7O;O0@0AK 2O 3C9@C3 ?898 18@8-48MO@8=4O= DO@3;O=8@. C ?89;O@8= :8<9O28 BO@:818 I5920=K= :N:;F: 4O@O6OA8=4O=, 90HK=40= 2O 68=A8=4O= 0AK;K4K@. 9=8 70<0=40 ?898= BO@:818 I5920=K= 95<8=4O=, 1OA;O=4898 83;8< HO@08B8=4O= 0AK;K >;0@03 <FEBO;8D >;0 18;O@. 0;, 3>9C= 2O 4>=C7 ?89;O@8=8= >@30=>;5?B8:8 2O D878:8-:8<9O28 MNABO@868;O@8 18@8-48MO@8=4O= DO@3;O=4898=4O= 09@K-09@K;K340 5<0; 548;8@. /;0 A>@B <0; 90LK=K O;4O 5B<O: FGF= 1-68 4O@O6O;8 :N:;F9O <0;8: >;0= I5920=K= ?898=4O= 8AB8D04O 548;8@. 0;K= 40E8;8 1N9@O:FABF ?898=4O=, <O4O-10LK@A03 F7O@8=4O >;0= ?89;O@4O= O;0 A>@B <0; 90LK 8AB5IA0; 5B<O: >;<07, GF=:8 1C ?89;O@ A?5A8D8: 3>EC90 2O 1>7C<BC; @O=MO <0;8:48@. 0; ?898 E>H0MO;O= 89O <0;8: >;C1 @O=M8 0GK3-A0@K<BK;4K@. N9@O: OB@0DK ?89, 5;O6O 4O 90H;K I5920=;0@K= ?898 BF=4-A0@K<BK;4K@. @K3 I5920=;0@K= 40E8;8 >@30=;0@K=K= AOBI8=4O B>?;0=0= ?89 1>7C<BC; @O=MO G0;K@. 0; ?898=8= :>=A8AB5=A890AK 1O@:48@. %0< 3>9C= ?898 BO7O I0;40 ?0@K;BKAK7 0L @O=M4O 2O A?5A8D8: 3>EC90 <0;8:48@. >9C= ?898 A0E;0=K;<0L0 4020<AK74K@ 2O 0A0=;K3;0 >:A84;OH81 A0@K<BK; G0;0@;K @O=M, :OA:8= AB50@8= 898 :OA1 548@. >9C=C= 3C9@C3 ?898=8= :>=A8AB5=A890AK 9C<CH03, O@8<O B5<?5@0BC@C =8A1OBO= 0H0LK, 898 =8A1OBO= 7O8D, @O=M8 8AO A0@K<BK;4K@. 5G8 ?898 4O 3>9C= ?898=O >EH09K@. %0< 4>=C7 ?898 <0; 2O 3>9C= ?898=O =8A1OBO= 9C<H03 :>=A8AB5=A890AK, N7F=O<OEACA 898 2O 0L-AF4 @O=M8 8;O DO@3;O=8@. /= 90EHK 4>=C7 ?898 1N9@O: OB@0DK, 30@K= 1>H;CLC ?898 2O 4O@80;BK ?8948@(H?8:48@). "O7O E0< ?894O= O;02O O@848;<O: FGF= A>9C4C;<CH, 4>=4C@C;<CH 2O 4C7;C E0<-?89 4O 8AB8D04O >;C=C@. )5920=0B 90L;0@K=K= 8AB5IA0;K FG <O@IO;O4O 10H0 G0BK@: - E0< ?898= O@848;<O: FGF= I07K@;0=<0AK; - E0<-?898= O@848;<OA8; - O@848;<8H 90LK= 30@KHK3;0@40= BO<87;O=<OA8. %0< ?898= O@848;<O: FGF= I07K@;0=<0AK ?@>A5A;O@8=O E0<<0;K= 5<0;K 2O A>@B;0H4K@K;<0AK, 8;:8= 9C9C;<0AK, 8@8 B8:O;O@O EK@40;0=<0AK, 95=84O= 9C9C;<0AK, A>9C4C;<0AK 2O =0@K= EK@40;0=<0AK 08448@. %0<-?89 3C@C 2O 90H O@8B<O FAC;;0@K, 5:A?C;A8>= FAC; 2O 48MO@ FAC;;0@;0 O@848;8@. C@C FAC;;0 E0<-?898= O@848;<OA8=8= <0I899OB8 >=40= 810@OB48@ :8, E0<-?898= IO@ A>@BC 09@K60 >;0@03 4>L@0=K;K@, O@848;O6O: 3070=K= I8AAOA8=O 3O4O@ 4>;4C@C;C@. 89 ACAC7 >;0@03 IO<8= 3070=;0@40 9F:AO: B5<?5@0BC@C= BOA8@8 8;O BO4@86O= 3K74K@K;0@03 O@89O= 90L BO4@86O= 09@K;K@. 1-68 90L H8@OA8=8 60-70>!-4O 3K74K@<03;0 0;K@;0@, 1C=0 >;5>-90L 04K 25@8;8@. 0@30@8= 8AB5IA0;K=40 8AB8D04O 548;4898 FGF= >;5>-<0@30@8= 4O 4598;8@. !>=@0 B5<?5@0BC@ BO4@86O= 30;4K@K;K@ 2O 0;K=<KH 90L O;0 A>@B :8<8 A0BKH0 25@8;8@. 5@4O 30;0= 6K7403 1-68 A>@B 90LK= 8AB5IA0;K=0 AO@D >;C=C@. 0H FAC;;0 E0<-?898 O@8B48:4O AC 2O 90 AC 1CE0@K=40= 8AB8D04O 548;8@. 89 EK@40;0=K@, F7O@8=O AC BN:F;F1 O22O;6O 60-70>!-9O, A>=@0 8AO 100>!-9O 3O4O@ 3K74K@K;K@. 898= BO@:818=4O= O@8981 09@K;0= 90L 20EB0HK@K :O=0@ 548;8@ 2O BO<87;O=<O9O MN=4O@8;8@. C FAC;C= <O=D8 6OIOB8 >=40= 810@OB48@ :8, 18@;OH48@868 B>EC<0;0@, :>;;0M5= 2O 48MO@ AC40 IO;;>;0= 7F;0;8 <044O;O@ AC9C= 2O B5<?5@0BC@C= BOA8@8=4O= AC40 IO;; >;C@ 2O 90LK= BO@:818=O :5G8@. C FAC;;0 0;K=<KH 90LK C7C= <F44OB A0E;04K340 E0@01 >;C@. 0@KH4K@K6K 1CE0@ 3070=;0@K=40 ?898 O@8B<O: FGF=, EFACA8 8:84820@;K 1CE0@;0 3K74K@K;0= 3070=;0@40= 8AB8D04O 548;8@. 070=K= 40E8;8=4O IO@ 8:8 BO@ODO IO@O:OB 54O= 30@KH4K@K6K;0@ 18@;OH48@8;8@. %0< ?89 3070=K= I8AAOA8 3O4O@ 9KLK;4K340= A>=@0, 1CE0@ 25@8;81 3K74K@K;K@ 2O 30@KH4K@K6K IO@O:OBO MOB8@8;8@. "5<?5@0BC@ 60-70>!-9O G0B4K340 1-68 90L H8@OA8 09@K;K@."5<?5@0BC@ BO4@86O= 0@BK@K;K@ 2O ?898= 95@4O 30;0= I8AAOA8 O@848;8@. O@:O74O= 30G<0 0?0@0BK=K= 8HB8@0:K 8;O ?898= O@848;<OA8=4O E0<<0; <0HK=K= 1C=:5@8=O 25@8;8@. 89 4O383O4O 146 4ODO 4N2@ 54O= <O@:O74O= 30G<0 10@010=K=0 40E8; >;C@, 10@010=K= 1KG0LK 8;O 2 << N;GF4O EK@40;0=K@. %K@40;0=<KH ?89O 309=0@ AC 1CE0@K 8;O BOA8@ 5B48:4O 90L 09@K;K@. ?0@0BK= 8GO@8A8=4O >;0= 1>@C 20A8BOA8;O 8AB8;898 85>! >;0= O@8=<8H 90L 09@K;K@ 2O 8:84820@;K 3070=;0@40 A0E;0=K;K1 GN:4F@F;F@, A>=@0 A5?5@0B>@0 25@8;81 BO:@0@ BO<87;O=8@. C FAC;C= <FA1OB 6OIOB8 >=40= 810@OB48@ :8, 1FBF= ?@>A5A 0@4K6K; >;0@03 3KA0 <F44OB4O 10H0 G0BK@, 90L =8A1OBO= 0H0LK B5<?5@0BC@40 O@848;8@, <OIAC;40@;K3 9F:AO;8@. O=D8 6OIOB8 >=40= 810@OB48@ :8, 90L <FB;O3 O;02O >;0@03 A5?5@0B>@40= :5G8@8;81 BO<87;O=<O;848@. :A?C;A8>= FAC;C 8;O ?898= O@848;<OA8=8= EFACA899OB8 >=40= 810@OB48@ :8, 1FBF= 8AB5IA0; ?@>A5A8=4O E0<-?898= O@848;<OA8=O 15 4O383O 20EB ;07K< >;C@. 5;O 3KA0 <F44OB4O 90LK= ?0@G0;0=<0AK=K=, @O=M8=8= 4O98H<OA8=8=, :O=0@ 89 2O 404K= O<O;O MO;<OA8=8= 30@HKAK 0;K=K@. C FAC;40 90LK= GKE0@K 98%, :59D899OB8 8AO 9F:AO: >;C@. !F<F: 90LK 8AB5IA0; 5B<O: FGF= <0; 2O 4>=C7 AF<F:;O@8=4O= 8AB8D04O 548;8@. !F<F9F= BO7O-:NI=O;898=4O= 2O 90LK= 0;K=<0AK FAC;;0@K=40= 0AK;K >;0@03 AF<F: 90LK 9598=B8 2O B5E=8:8 <O3AO4;O@ FGF= I07K@;0=K@. /B4O= 09@K;<KH AF<F:4O >@B0 I5A01;0 15% 90L >;C@. !F<F:4O= 90L 8AB5IA0; 5B<O: FGF= 18@8=68 =N21O4O AF<F:;O@ BO<87 9C9C;C@, A>@B;0H4K@K;K@. !F<F:;O@ I5920=;0@K= =N2F=O 2O 68=A8=O MN@O, A:8;5B4O I0@040 95@;OH<OA8=O MN@O A>@B;0H4K@K;K@. !F<F: 8@8 >;4C340 4>L@0=K;K@, OB I8AAO68:;O@8=4O=, 40<0@;0@40= 2O 48MO@ B>EC<0;0@40= BO<87;O=8@. !F<F: ?0@G0;0@K 90L O@84O= 3070=;0@0 4>;4C@C;C1, F7O@8=O AC O;02O 548;8@, 80-85>' B5<?5@0BC@40 0GK3 3070=;0@40 AF<F: 8;898=4O= 90L O@8981 GKE0=0 3O4O@ 3K74K@K;K@. /@8=<8H 90L 20EB0HK@K 09@K;K@ 2O BO<87;O=<O9O 25@8;8@. 0LK= GKE0@K AF<F:4O:8 90LK= <8340@K=0 MN@O 85%-48@. !F<F: 90LK=K= 5:AB@0:A890 FAC;C 2O 8<?C;A FAC;C 8;O 4O 8AB5IA0; 548@;O@. <?C;A FAC;C=C= <0I899OB8 >=40= 810@OB48@ :8, 3C@LC=C= 40E8;8=4O AF<F: B>EC<0;0@K=0 2C@C;0= 7O@1O =OB86OA8=4O =8A1OBO= 0H0LK B5<?5@0BC@40 90LK= 09@K;<0AK AF@OB;O=8@. FBF= ?@>A5A 12 4O383O9O 10H0 G0BK@. AB5IA0; >;C=0= I5920=0B 90L;0@K=K= BO@:818=4O 5<C;A890;0H<KH 2O 90 IO;; >;<CH <FEBO;8D 30@KHK3;0@ >;C@. C 30@KHK3;0@ GN:4F@<O, A?5@0B>@40= :5G8@<O, =59B@0;;0H4K@<0, 0L0@4K;<0 2O 457>4>@0A890 FAC;;0@K 8;O A0D;0H4K@K;K@. /B8 9598;O= I5920=;0@K= ?898=4O= 0;K=<KH 90L;0@ <FEBO;8D D878:8-:8<9O28 E0AAO;O@8=O MN@O E0@0:B5@87O 548;8@. .;:O<874O O@848;<8H I5920=0B 90L;0@K=K= G5H848 0H0LK40:K;0@40= 810@OB48@: <0;, 3>9C=, 4>=C7, AF<F: 2O 9KL<0 90L. "860@OBO 1O7O= O@848;<8H E0< I5920=0B ?89;O@8  <0;, 3>9C=, 4>=C7C= 40E8;8 2O 3>9C=C= 3C9@C3 ?898 4O 40E8; >;C@. >=C7, <0; 2O E0< 3>9C= ?89;O@8 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@, 3C9@C3 ?898 8AO A>@B;0@0 09@K;<K@. >=C7 ?898 4C7;0=<KH H?8: 2O 90 I8AO 25@8;<8H I0;40 40 A0BKH0 25@8;8@. 0; 90LK <0; ?898=4O= <FEBO;8D FAC;;0@;0 8AB5IA0; 548;8@. 59D899OB MNABO@868;O@8=O MN@O O;0 2O 1-68 A>@B0 09@K;K@. $878:8-:8<9O28 2O >@30=>;5?B8:8 :59D899OB MNABO@868;O@8=4O= 0AK;K >;0@03 1C 90LK= 18@ 38A<8 95<O: FGF=, 18@ 38A<8 8AO <0@30@8= 8AB5IA0;K FGF= AO@D 548;8@. C 90LK= @O=M8 15-200! B5<?5@0BC@40 0GK3 A0@K 2O 90 A0@K >;C@. /MO@ ?89 40I0 90H;K I5920=40= 0;K=0@A0, >=C= 90LK 40I0 8=B5=A82 A0@K @O=M4O >;C@. 04 2O 898 =>@<0;, BO<87, 18@8=68 A>@B40 07 3>2@C;<CH 898= >;<0AK=0 9>; 25@8;8@. /@848;<8H I0;40 1C 90LK= IO@ 8:8A8 HODD0D >;<0;K, 16-200!-4O 1O@: :>=A8AB5=A89090 <0;8:48@. "O@:818=4O >;0= AC9C= <8340@K O;0 A>@B40 0,2%, 1-68 A>@B40 0,3%-48@. "C@HC;C3 O4O48 O;0 A>@B40 1,1; 1-68 A>@B40 2,2-4O= G>E >;<0<0;K4K@. $878:8-:8<9O28 MNABO@868;O@8=4O= 200!-4O AKE;KLK 923-933 :3/<3, O@8<O B5<?5@0BC@C 42-520!-9O 3O4O@, 4>=<0 B5<?5@0BC@C 27-380!, 9>4 O4O48 32,7-46,7-48@. C 90L40= 10H30 <0; ?898=4O= >;5>-90L (>;5>->9;) I07K@;0=K@. C 90LK= BC@HC;C3 O4O48 1,6-90 3O4O@, O@8<O B5<?5@0BC@C 28-310!, 4>=<0 B5<?5@0BC@C 17-250!-48@. )5920=0B <O=HO;8 <0@30@8= 90LK 8AB5IA0;K=40 8AB8D04O >;C=C@. >9C= 90LK=K 8AB5IA0; 5B<O: FGF= OA0A 5B810@8;O 3>9C=C= 3C9@C3 ?898=4O= 8AB8D04O 548;8@. O78 I0;;0@40 4O@80;BK 2O 40E8;8 ?898=4O= 4O 8AB8D04O 548@;O@. >9C= ?898=4O= =O8=:8 O;0 A>@B O@848;<8H 90L, IOBB0 0H0LK B5<?5@0BC@40 O@89O= >;5>-H8? 90LK 40 O;4O 548;8@. C 90LK= O@8<O B5<?5@0BC@C 26-280!-48@. >9C= ?898 <0; ?898=O =8A1OBO= A0E;0=K;<0L0 4020<AK74K@. C 90LK= 8AB5IA0;K 048 30940 F7@O 0?0@K;K@. !B0=40@B0 MN@O 15-200!-4O 1O@: :>=A8AB5=A890;K, 0L 2O A0@K<BK; @O=M4O >;C@. >9C= 90LK N7F=O<OEACA EFACA8 898 8;O DO@3;O=8@. /;0 A>@B O@848;<8H 3>9C= ?898 BO<87, :O=0@ 89A87 >;<0;K, 1-68 A>@B40 07 3>2@C;<CH 404 25@<OA8=O 8607O 25@8;8@. /@848;<8H I0;40 B0<0<8;O HODD0D >;<0;K, BO@:818=4O AC: O;0 A>@B40  0,2%, 1-68 A>@B40  0,3%, BC@HC;C3 O4O48 C9LC= >;0@03  1,2 2O 2,2-48@. /@8<O B5<?5@0BC@C 44-450!, 4>=<0 B5<?5@0BC@C 32-450!, 200!-4O AKE;KLK 932-961 :3/<3, 9>4 O4O48 31-46,2 >;<0;K4K@. >=C7 90LK 4>=C7 ?898=8= O@848;<OA8=4O= I07K@;0=K@. /@848;<8H 4>=C7 ?898=8= :>=A8AB5=A890AK E0< ?898= 6O<4O98= I0=AK 95@8=4O= 0;K=<0AK=40= 0AK;K >;0@03 <FEBO;8D >;C@. >=C7C= 4O@80;BK ?898 40E8;8 2O 1N9@O:FABF ?89O =8A1OBO= 40I0 0H0LK B5<?5@0BC@40 O@898@. 0LK= O@8<O B5<?5@0BC@C =O8=:8 ?898= =N2F=4O=, IOBB0 I5920=K= 90H04KLK HO@08B4O=, >=C= 95<8=4O= 2O A. 0AK;K >;0@03 4O98H8@. OAO;O=, 0H0LK B5<?5@0BC@ HO@08B8=4O 90H090= 4>=C7C= ?898=4O, 9F:AO: B5<?5@0BC@ HO@08B8=4O 90H090=0 =8A1OBO= >;58= BC@HCAC=C= <8340@K G>E4C@ 2O 1C=0 MN@O 4O H8<0; @09>=;0@K=40 1OA;O=O= 4>=C7 ?898=8= O@8<O B5<?5@0BC@C =8A1OBO= 0H0LK >;C@. )5920=K= 90HK 40 >=C= ?898=8= D878:8-:8<9O28 MNABO@868;O@8=O BOA8@ 548@. 020= I5920=40= 0;K=0= ?898= @O=M8 0GK3, O@8<O B5<?5@0BC@C 8AO =8A1OBO= 0H0LK >;C@. 59D899OB8=4O= 0AK;K >;0@03 4>=C7 90LK O;0 2O 1-68 A>@B0 09@K;K@. /;0 A>@B 90L 15-200!-4O 0L @O=M4O, 898 2O 404K N7F=O<OEACA =>@<0;, O@848;<8H I0;40 HODD0D >;<0;K4K@. 15-200!-4O 90EK=BK;K :>=A8AB5=A890;K4K@. !C9C= <8340@K O;0 A>@B40 0,25%, 1-68 A>@B40 0,3%, BC@HC;C3 O4O48 C9LC= >;0@03 1,1 2O 2,2-48@. /@8<O B5<?5@0BC@C 36-460!, 4>=<0 B5<?5@0BC@C 26-320!-48@. 200!-4O AKE;KLK 931-938 :3/<3, 9>4 O4O48 8AO 46-70-48@. !F<F: 90LK=K= :8<9O28 BO@:818 2O E0AAO;O@8 5<0; >;C=0= AF<F9F= =N2F=4O= 0AK;K4K@. "O7O AF<F:4O= 0;K=0= AF<F: 90LK O@848;<8H :O@O 90LK=0 >EH09K@. O=M8 0GK3 A0@K 2O E>H B0<;K >;C@. 59D899OB MNABO@868;O@8=4O= 0AK;K >;0@03 AF<F: 90LK O;0 2O 1-68 O<BOO A>@BC=0 09@K;K@. /;0 A>@B AF<F: 90LK 0L @O=M4O= 0GK3 A0@K @O=MO 3O4O@ >;C@. 1-68 A>@B40 8AO 1>7C<BC; @O=M8= >;<0AK=0 8607O 25@8;8@. /@8=<8H I0;40 AF<F: 90LK B0< HODD0D4K@. 15-200!-4O 90LK= :>=A8AB5=A890AK 4C@C 2O 1O7O= 90EK=BK;K4K@. /;0 A>@B AF<F: 90LK=40 AC 0,25%, 1-68 A>@B40 0,3%, BC@HC;C3 O4O48 C9LC= >;0@03 1,2 2O 2,2-48@. !F<F: 90LK 35-450!-4O O@898@. 500!-4O HF0AK=4K@<0 O<A0;K 1,4555-1,4557, 9>4 O4O48 49,1-56,6, A01C=;0H<0 O4O48 190,1-195,6-4K@. KL<0 90L O;0 2O 1-68 A>@B 90L;0@K= O@848;<OA8=4O= 0;K=0= 6K740340= 8AB5IA0; 548;8@. 9=8 70<0=40 :>;10A0 8AB5IA0;K=40 8AB8D04O 548;<O<8H 30;0= E0< ?89;O@ 2O :59D899OB8=O MN@O O;0 2O 1-68 A>@B 9598=B8 90L;0@K=K= BO;O18=O C9LC= >;<090= 90L;0@ 40 9KL<0 90L 8AB5IA0;K=40 8AB8D04O 548;8@. /A0A E0<<0;;0@40= 0AK;K >;0@03 15-200! 9KL<0 90L 4C@C, 90EK=BK;K 2O 90 1O@: :>=A8AB5=A890;K >;0 18;O@. C 90LK= @O=M8 0L 2O <FEBO;8D G0;0@;K BF=4 A0@K<BK; >;C@. /<BOO A>@B;0@K=0 09@K;<K@. "O@:818=4O 0,5% AC 20@4K@. "C@HC;C3 O4O48 3,5-48@. "5E=8:8 <O3AO4;O@ FGF= 8AB8D04O 548;8@. !O=0954O 07 <8340@40 0B 90LK, N@4O:, 307 2O B>9C3 90L;0@K 40 8AB5IA0; 548;8@. $@0:A890 FAC;C 8;O O@8B<O 0?0@K;4K340 <0; 2O 3>9C= ?898=4O= <0@30@8= AO=095A8=4O E0<<0; :8<8 8AB8D04O >;C=0= >;5> <OIAC;;0@40= >;5>->9; 2O H8?->9; O;4O 548;8@. C 90L;0@K= O@8<O B5<?5@0BC@C 360!-4O= 0H0LK4K@. )5920=0B 90L;0@K=K= :59D899OB MNABO@868;O@8. @30=>;5?B8:8 FAC;;0 I5920=0B 90L;0@K=K= 404K, @O=M8, 898, :>=A8AB5=A890AK 2O O@848;<8H I0;40 HODD0D;KLK <FO99O= 548;8@. 59D899OB;8 E0<<0;40= =>@<0; B5E=8:8 @5J8<O O<O; >;C=<03;0 8AB5IA0; >;C=0= 90LK= 404 2O 898 E>H0MO;O=, IO@ =N2F= N7F=O<OEACA >;C1 :O=0@ 89 2O 404 25@<O<O;848@. 0:8= C7C= <F44OB <0; 3>=HC;CLC=0 @809OB 548;<O4O= A0E;0=4K340 90L40 E>H0MO;<O9O= 404 2O 89 O<O;O MO;O 18;O@. )5920=0B 90L;0@K OA0AO= <FEBO;8D G0;0@;K 0GK3 @O=M;848@. >=C7, 3>9C= 2O AF<F: 90LK=40 90HK;K<BK; G0;0@ >;0 18;O@. )5920=0B 90L;0@K=K= :>=A8AB5=A890AK B@83;8A5@84;O@8= BO@:818=4O >;0= 4>9<0<KH 2O 4>9<CH 90L BC@HC;0@K=K= =8A1OB8=4O= 0AK;K4K@. 0LK= BO@:818=4O 4>9<CH 8@8 <>;5:C;0;K 90L BC@HC;0@K=K= <8340@K G>E >;4C360 048 HO@08B4O :>=A8AB5=A890AK 1O@: >;C@. /:A8=O, 4>9<0<KH 90L BC@HC;0@K G>E >;0@A0, 90LK= :>=A8AB5=A890AK 9C<H03 (90EK;0=) >;C@. /@848;<8H I0;40 HODD0D;K3 90LK= :O=0@ 30BKHK3;0@40= BO<87;O=<O 4O@O6OA8=8 E0@0:B5@87O 548@. )5920=0B 90L;0@K O@848;48:4O= A>=@0 B0<0<8;O HODD0D >;<0;K4K@. $878:8-:8<9O28 MNABO@868;O@8=4O= I5920=0B 90L;0@K=40 =O<;8:, BC@HC;C3, O@8<O 2O 4>=<0 B5<?5@0BC@C, 9>4 O4O48, AKE;KLK 2O C7C= <F44OB A0E;0=K;<KH 90L;0@40 ?5@>:A84 O4O48 BO98= 548;8@. )5920=0B 90L;0@K=K= 301;0H4K@K;<0AK, <0@:0;0=<0AK 2O A0E;0=K;<0AK. /@848;<8H I5920=0B 90L;0@K BCBC<C 25, 50, 100 2O 120 ;8B@ >;0= B0EB0 2O 90 HB0<?;0=<KH D0=5@ GO;;O:;O@O, =5BB> :FB;OA8 24 :3-40= G>E >;<090= :0@B>= 2O 90 B0EB0 95H8:;O@O 301;0H4K@K;K@. "CBC<C 50 :3-0 3O4O@ >;0= <5B0; B0@090 40 301;0H4K@K;K@. "5E=8:8 <O3AO4;O@ FGF= =O7O@4O BCBC;0= I5920=0B 90L;0@K 50 :3 :FB;O4O B0EB0 GO;;O:;O@O 301;0H4K@K;K1 8AB5IA0;0B0 MN=4O@8;8@. "0@090 90L BN:<O74O= O22O; 9C9C;C@ 2O 8GO@8A8=O :OA:8= AC 1CE0@K 25@8;8@. 'O;;O98= 8GO@8A8=O ?5@30<5=B, ?>4?5@30<5=B :0LK7K 2O 90 ?>;8<5@ ?O@4O A0;K=K@. 5H8:;O@O 4O IO<8= 301;0H4K@K6K <0B5@80;;0@ AO@8;8@. /@848;<8H I5920=0B 90L;0@K 100, 200, 250 2O 500 3@ :FB;O4O ?5@30<5=B, D>;30, ?>;8<5@ ?O@4O9O GO:8;81-1F:F;F@ 2O 90 500 3-40= G>E >;<0<03 HO@B8;O HFHO 10=:0;0@0, 250 2O 500 3@ :FB;O4O ?>;8<5@ 3CBC;0@0,5;O6O 4O BCBC<C 910, 1820 3@ >;0= BO=O:O 10=:0;0@0 301;0H4K@K;K@. )O@ 20I84 10L;0<040 :O=0@;0H<0 10L;0<0=K= :FB;OA8=4O= 0AK;K >;0@03 100, 200 2O 250 3@0<;K340 (1,5%, 500 3-0 3O4O@ 4O 8AO (1% >;0 18;O@. 8G8: B0@0;0@0 301;0H4K@4K340 90L 12-140!-9O 3O4O@, 8@8 GO;;O:;O@O 301;0H4K@4K340 8AO 35-370!-9O 3O4O@ A>9C4C;C@. 'O:8;81-1F:F;<FH 2O 301;0H4K@K;<KH 90LK AB0=40@B0 <F20D83 >;0@03 0H0LK40:K :8<8 <0@:0;09K@;0@. )O@ B0@090 5B8:5B :0LK7K 90?KH4K@K;K@ 2O 90 40 B@0D0@5B;O 9C9C;<090= 2O 3>ECAC7 1>90 8;O O<BOO =8H0=K, 8AB5IA0; <FOAA8AOA8=8= 04K, F=20=K, 90LK= =N2F 2O A>@BC, =5BB> :FB;OA8, 8AB5IA0; B0@8E8, <0; ?0@B890AK=K= =N<@OA8 2O 301;0H4K@K;<KH 95@8= (GO;;O:, 95H8: 2O A.) AK@0 =N<@OA8, AB0=40@BK= =N<@OA8 2O HB@8E:>4 907K;K@. 'O:8;81-1F:F;<FH IO@ 20I84 10L;0<040 O<BOO =8H0=K, 8AB5IA0; <FOAA8AOA8=8= 04K, F=20=K, 90LK= =N2F 2O A>@BC, =5BB> :FB;OA8, 8AB5IA0; B0@8E8, AB0=40@BK= =N<@OA8 MNABO@8;O= HB0<? 2O 90 5B8:5B, IO<G8=8= HB@8E :>4 >;<0;K4K@. )5920=0B 90L;0@K=K 301;0H4K@K;<KH HO:8;4O EFACA8 =O3;8990B;0@40 (203>=-1C7E0=0;0@, MO<8 @5D@8J5@0B>@;0@) 40HK9K@;0@. )5920=0B 90L;0@K 00!-4O= -120!-9O 3O4O@ 2O 0H0LK B5<?5@0BC@40 A0E;0=K;K@. )5920=0B 90L;0@K=K= A0E;0=K;<0 <F44OB8 90LK= 2O B0@0=K= =N2F=4O=, 301;0H4K@<0 FAC;C=40= 2O 90L40 0=B8>:A84;OH48@868;O@8= >;<0AK=40= 0AK;K4K@. )5920=0B 90L;0@K=K 3C@C, BO<87 2O :O=0@ 89A87 0=10@;0@40 A0E;0<03 ;07K<4K@. !0E;0=K;<0 70<0=K I5920=0B 90L;0@K=K= BO@:818=4O >;0= (-:0@>B8= ?0@G0;0=4KLK=40= 90HK;K<BK; @O=M :OA1 548@. )O<G8=8= 90L40 >:A84;OH<O <OIAC;;0@K B>?;0=K@. 0L;0@40 M54O= >:A84;OH<O ?@>A5A;O@8=8= 8;: <OIAC;C=C= <8340@K ?5@>:A84 O4O48=8 E0@0:B5@87O 548@. :A84;OH<O=8= 8:8=68 <O@IO;OA8=4O ?5@>:A84;O@ ?0@G0;0=K@, 0;45I84;O@ 2O :5B>=;0@ O<O;O MO;8@. 5<O;8 90LK= >:A84;OH<OA8 ?@>A5A8=4O >=C= BO@:818=4O ?5@>:A84 18@;OH<O;O@8, 0;45I84;O@ 2O :5B>=;0@ O<O;O MO;8@ 2O >=;0@K= <FO99O= <8340@40 B>?;0=<0AK 90LK= BO7O 2O :NI=O >;4CLC=C MNABO@8@. =0 MN@O 4O ?5@>:A84 O4O48=8= 1N9F:;F9F=O MN@O 90LK= BO7O;8: 4O@O6OA8 <FO99O= 548;8@. 0LK= E0@01 >;<0AK 8;O >=C= @O=M8 0@0AK=40 40 <FO99O= 0AK;K;K3 20@4K@. C=C <FO99O= 5B<O: FGF= 90LK= F7O@8=O =59B@0; 3K@<K7K @O=M BN:F;F@ 2O 90LK= @O=M8=8= 4O98H<OA8=O MN@O >=C= BO7O;8: 4O@O6OA8 <FO99O= 548;8@. )5920=0B 90L;0@K=K= BO@:818=4O 47-60%-O 3O4O@ 4>9<CH 90L BC@HC;0@K >;4CLC=40= >=;0@ A0E;0=K;<0L0 4020<;K4K@;0@. )5920=0B 90L;0@K=40  28B0<8=8 2O ;59A8B8= <044OA8 20@4K@. C <044O;O@ 90L;0@K= >:A84;OH<OA8=8= 30@HKAK=K 0;K@. 0LK C7C= <F44OB A>9C4C6C40 A0E;04K340 >, 90HK;0 1O=7O@ @O=M :OA1 548@. ?0@K;0= <FH0I84O;O@O MN@O O;0 A>@B 90L;0@ 1-68 A>@B0 =8A1OBO= 40I0 B57 @O=M8=8 4O98H8@. )5920=0B 90L;0@K -180! B5<?5@0BC@40 18 09 @O=M;O@8=8 4O98H<O4O= 30;K@ 2O :59D899OB8=8 8B8@<8@. 6.4. /"/% / /+ , + OB1OE 90L;0@K=K= 8AB5IA0; 548;<OA8=4O OA0A <O3AO4 18@8=68 =N21O4O >@30=87<4O GOB8= <O=8<AO=8;O= 3>9C= ?898=4O= 2O >;5>AB50@8=4O= 8AB8D04O 548;<O:;O 5;O 90L 8AB5IA0; 5B<O:48@ :8, 1C 90L;0@ 18B:8 90L;0@K=0 =8A1OBO= 40I0 O;25@8H;8 >;AC=. OB1OE 90LK=K= 8AB5IA0;K 70<0=K D878:8-:8<9O28 MNABO@868;O@8=O MN@O >@30=87<4O 40I0 0A0= <O=8<AO=8;O= 4>=C7 90LK=0 >EH0@ 30@KHKLK= O;4O 548;<OA8 =O7O@4O BCBC;C@. O@: I5920=0B 90L;0@K=0 <095 18B:8 90L;0@K=K 30@KH4K@4K340 0;K=0= 90LK= O@8<O B5<?5@0BC@C =8A1OBO= 0H0LK >;C@, <OI7 >=0 MN@O 4O <O=8<AO=8;<OA8 0A0=;0HK@. FO99O= 548;<8H48@ :8, <OB1OE 90LK=K= 40 <O=8<AO=8;<OA8 4>=C7 90LK :8<8 96,5%-48@. FEBO;8D O@8<O B5<?5@0BC@;C 90L;0@K= O22O;6O4O= 9>E;0=K;K1 <FO99O= =8A1OB4O 30@KH4K@K;<0AK =OB86OA8=4O 8ABO=8;O= O@8<O B5<?5@0BC@C=0 <0;8: <OB1OE 90LK 0;<03 <F<:F=4F@. OB1OE, 3O==04K 2O GN@O:G8;8: 90L;0@K A0D;0H4K@K;<KH, I84@>M5=;OH48@8;<8H 2O ?5@55B5@8D8:0A890 548;<8H 90L;0@K= ACAC7 30@KHKLK=40= 810@OB48@. C=;0@K= BO@:818=4O 0,3%-4O= G>E AC >;<C@. =0 MN@O 4O 1C@040 <0@30@8=4O >;4CLC :8<8 5<C;A890 0;<03 7O@C@OB8 9>E4C@. OB1OE 90LK=K 8AB5IA0; 5B48:4O 18@ 30940 >;0@03 A0D;0H4K@K;<KH, I84@>M5=;OH48@8;<8H 90L40= 8AB8D04O 548;8@. C 90L 1O7O= I5920=0B 2O 18B:8 90L;0@K=K= 30@KHKLK=40= 2O 90 >=;0@K= 18@8=4O= I07K@;0=K@. OB1OE 90LK 8AB5IA0;K FGF= AO@D >;C=0= OA0A E0<<0;40= 0AK;K >;0@03 2 3@C?0 09@K;K@: 8B:8 90LK <O=HO;8 <OB1OE 90LK; ><18=O;OH<8H <OB1OE 90LK. 8B:8 <O=HO;8 <OB1OE 90LK=K= BO@:818=4O I5920=0B 90LK=K= >;<0AK=0 8607O 25@8;<8@ 2O OA0AO= I84@>M5=;OH48@8;<8H 18B:8 90LK=40= I07K@;0=K@. C 90LK= O@8<O B5<?5@0BC@C 28-370!-48@. C=40= 10H30 8:8=68 18@ B8? <OB1OE 90LK I07K@;0=K@. C OA0AO= I84@>M5=;OH48@8;<8H 18B:8 90LK 8;O A0D;0H4K@K;<KH 18B:8 90LK 30@KHKLK=40= 810@OB48@. C=0 1O7O= 18B:8 ?898 4O 4598;8@. ><18=O;OH48@8;<8H <OB1OE 90LK 4 B8?4O I07K@;0=K@: )5920=0B 90LK <O=HO;8 :><18=O;OH48@8;<8H <OB1OE 90LK; %FACA8 :><18=O;OH<8H <OB1OE 90LK; >=C7 ?898 8;O 30@KH4K@K;<KH <OB1OE 90LK; 0@303CA5;8=. C 90LK I07K@;0<03 FGF= I84@>M5=;OH48@8;<8H 18B:8 90L;0@K=40= 10H30 10% <095 18B:8 90LK 2O 20% 4>=C7 90LK 8AB8D04O 548;8@. 0L0 OB8@;8 404 25@<O: FGF= 90LK 1O7O= A>L0= <OI;C;C 8;O OB8@;O=48@8@;O@. OB1OE 90L;0@K=K= 8AB5IA0;K=40 :>=A5@20=B;0@ (15=7>9 2O 0A:>@18= BC@HCAC), 1>90 <044O;O@8 (0==0B>, :0@>B8=) 0=B8>:A84;OH48@868;O@ (1CB8;>:A8B>;C>;, 1CB8>:A80=87>;) 2O D>AD0B :>=A5=B@0B;0@K 40 8AB8D04O 548;8@. OB1OE 90L;0@K=K= OA0A G5H848 0H0LK40:K;0@4K@. $8@8B9C@ 90LK <095 18B:8 90LK 8;O I84@>M5=;OH48@8;<8H 90LK= 30@KHKLK=40= I07K@;0=K@. O7O= 1C=0 I84@>M5=;OH48@8;<8H 10;8=0 90LK 30BK;K@. 8B:8 ?898 O@8<O B5<?5@0BC@C 31-340! >;0= 18B:8 90LK A0;><0AK (55-85%) 8;O <095 18B:8 90LK=K= (15-25) 30@KHKLK=40= 0;K=K@. C=0 20% ?0<1K3 90LK ?0;<8B8=8 30BK;0 18;O@. #:@09=0 90LK 18B:8 2O 4O=87 I5920=;0@K 90LK=K= A0;><0AK, <095 18B:8 90LK 2O O@848;<8H 4>=C7 90LK=K= (30%-O 3O4O@) 30@KHKLK=40= I07K@;0=K@. 5;0@CA890 90LK 40 #:@09=0 90LK :8<8 I07K@;0=K@, ;0:8= 4>=C7 90LK O2O78=O 35%-O 3O4O@ <0; 90LK 30BK;K@. (O@3 90LK #:@09=0 2O 5;>@CA890 90LK :8<8 I07K@;0=K@, ;0:8= 4>=C7 2O <0; 90LK O2O78=O 15%-O 3O4O@ O@848;<8H 3>9C= 90LK 30BK;K@. @8<0 90LK ?5@55B5@8D8:0A890 548;<8H A0;><0A;0 <095 18B:8 90LK=K= 30@KHKLK=40= I07K@;0=K@ 2O 40%-O 3O4O@ O@848;<8H I5920=0B 90LK 30BK;K@. >28=:0 90LK 45-50% ?5@55B5@8D8:0A890 548;<8H, 35-40% 18B:8 2O I5920=0B A0;><0AK 2O 10-15% <095 18B:8 90LK 30@KHKLK=40= I07K@;0=K@. ;>2 FGF= 90L <FEBO;8D 90L 30@KHKLK=0 20% 3>9C= 90LK O;02O 5B<O:;O I07K@;0=K@. 0@303CA5;8= BOE<8=O= #:@09=0 90LK @5A5?B8=O C9LC= >;0@03 I07K@;0=K@, ;0:8= >=0 A>L0= 5:AB@0:BK O;02O 548;8@. !>L0= 5:AB@0:BK :C;8=0@ 5<0;K 70<0=K 90L0 E0@0:B5@8: 3K70@4K;<KH A>L0= OB@8 25@8@. O==04K 90LK E0<<0;K=40= 2O BO98=0BK=40= 0AK;K >;0@03 0H0LK40:K =N2;O@4O 1C@0EK;K@. 5G5=95 FGF= 90L 18B:8 A0;><0AK (73%), O;0 A>@B <0; 90LK (12%) 2O D>AD0B84;8 9598=B8 :>=A5=B@0BK (3%) 30@KHKLK=40= I07K@;0=K@. 0D;8 2O AO@8=;OH48@868 8G;8: FGF= 90L 18B:8 A0;><0AK (60-80%), :>:>A 2O 90 ?0;<0=F2O 90LK=K= (20-40%) 30@KHKLK=40= I07K@;0=K@. (>:>;04 <O<C;0BK, :>=D5B 2O 9598=B8 :>=A5=B@0B;0@K FGF= 90L OA0AO= 9F:AO: :59D899OB;8 ?0<1K3 2O 95@DK=4KLK 90LK A0;><0AK=40= (1O@:;898 500-600 3/A<) 810@OB48@. 0;<0=F2O 90LK OA0A;K 1O@: 90L I84@>M5=;OH48@8;<8H 2O 90 ?5@55B5@8D8:0A890 548;<8H ?0;<0=F2O 90LK=40= 2O 90 ?0;<0=F2O 90LK 8;O ?0<1K3 90LK=K= 30@KHKLK=40= 810@OB48@. 5:A FGF= 90L 1O@:;898 550-600 3/A< >;0= ?0<1K3 90LK A0;><0AK (18-20%) 8;O <095 18B:8 90LK (80%-O 3O4O@) 30@KHKLK=0 "-2 5<C;30B>@C 2O 90 9598=B8 1>90AK O;02O 5B<O:;O I07K@;0=K@. 'N@O:G8;8: 90LK OA0AO= 2 =N24O 1C@0EK;K@. 'N@O:-1C;:0 <O<C;0BK FGF= D>AD0B84;8 90L 18B:8 90LK A0;><0AK (30-65%), 4O=87 I5920=;0@K 90LK=K= A0;><0AK (15-20%), <095 18B:8 90LK (17-22%) 2O D>AD0B84;8 9598=B8 :>=A5=B@0BK (17%-O 3O4O@) 30@KHKLK=40= I07K@;0=K@. 'N@O:G8;8: FGF= <095 90L BO188 18B:8 90LK (80%-O 3O4O@) 2O 18B:8 90LK A0;><0AK (12-14%) 30@KHKLK=0 "-2 5<C;30B>@C O;02O 5B<O:;O I07K@;0=K@. 095 90L D0A8;OA87 8H;O9O= 02B><0B EOB;O@4O BOB183 548;O@:O= 4>=<C@ 2O >=C= <8340@K 0A0=;K3;0 =870<;0=K@. !>= 8;;O@ 0:K B860@OB HO1O:OA8=4O 0H0LK40:K <OB1OE 90L;0@K=K= 95=8 G5H848 @50;87O 548;8@. >20 - A0D;0H4K@K;<KH 2O I84@>M5=;OH48@8;<8H 18B:8 90L;0@K=40= I07K@;0=K@. (-:0@>B8=;O A0@K<BK; @O=MO 1>90=K@.  2O  28B0<8=;O@8 8;O 7O=M8=48@. !0E;0=K;<0 <F44OB8 2 8;48@. A55; - A>90, ?0;<0 2O 48MO@ 18B:8 90L;0@K=K= 30@KHKLK=40= I07K@;0=K@. >90 <044OA8 2O 0=B8>:A840=B O;02O 548;8@. "5:AC=-2000  100% BO188 O@8=<8H 18B:8 <O=HO;8 <OB1OE 90LK4K@. C7AC7 2O E>;5AB5@8=A8748@. "O@:818=4O 2000 /:3  28B0<8=8, 1000 /:3 3 28B0<8=8 20@4K@, 15B0 :0@>B8=;O @O=M;O=8@, 100 3@ 90L 897 ::0; 5=5@J8 25@8@. 59D899OB8 AB0=40@B0 (!" 28414-89) C9LC=4C@, A0BKH0 <095 2O 1O@: :>=A8AB5=A89040 1C@0EK;K@. !0E;0=<0 <F44OB8 24 094K@. 0:K 0L 2O 840 !O=095 ! BO@OD8=4O= 8AB5IA0; >;C=<C@. 0I0@ (OB8@;8)  100% BO<87 18B:8 <O=HO;8 A>90 18B:8 90LK4K@. "O@:818=4O E>;5AB5@8=8 9>E4C@. "O@:818=4O I84@>M5=;OH48@8;<8H 18B:8 90LK, 15B0 :0@>B8= 2O 0=B8>:A840=B 20@. 0L BC@HCAC BO@:818 0H0LK40:K :8<848@: ;8=>;5= BC@HCAC  <0:A8<C< 2%; ;8=>; BC@HCAC  <0:A8<C< 7%; ;0C@8=, <8@8AB8=, ?0;<8B8= 2O AB50@8= 90L BC@HC;0@K=K= <8340@K <0:A8<C< 25%, 95@4O 30;0=;0@ 8AO >;58= BC@HCAC=40= 810@OB48@. 100 3@ 90L 900 ::0; 5=5@J8 25@8@. 0LK= 9F:AO: :59D899OB8 @0=K= AB0=40@B 1F@>AC BO@OD8=4O= BOA483 548;<8H48@. !0E;0=<0 <F44OB8 24 094K@. !0;CB5 90LK O@8=<8H <OB1OE 90LK4K@. :>;>J8 6OIOB4O= BO<87 <OIAC;4C@. !0E;0=<0 <F44OB8 24 094K@. "O@:818=4O 100% 9F:AO: :59D899OB;8 18B:8 90LK,  2O  28B0<8=;O@8 20@4K@. $8=0; 100% BO<87, 4C7AC7 2O E>;5AB5@8=A87 18B:8 90LK4K@. "O@:818=4O 2000 /100 3@  28B0<8=8; 100 /100 3@ 3 28B0<8=8 2O 15B0 :0@>B8= 20@4K@. .7F=O<OEACA BO188 898 2O 404K 20@. 59D899OB8 AB0=40@B0 (!" 28414-89) C9LC=4C@. !0E;0<0 <F44OB8 24 094K@. 0:K 0L 2O 840 !O=095 ! BO@OD8=4O= 8AB5IA0; >;C=C@. )O90B 18B:8 <O=HO;8 <OB1OE 90LK4K@. "O@:818=4O I84@>M5=;OH48@8;<8H A>90 90LK 2O ?0;<0 90LK,  2O  28B0<8=;O@8, 15B0 :0@>B8= (1600) 2O 0=B8>:A840=B 320, 321 20@4K@. /@O1 /<8@;898=4O 8AB5IA0; >;C=C@. C 90L;0@K= :59D899OB8 !" 28414-89-0, "F@:89O AB0=40@BK 2O @0=K= AB0=40@B 1F@>AC=C= AO=O4;O@8=O C9LC=4C@. C=;0@40= 10H30 !>90 !C=, !C?5@ !C= 04;0@40 <OB1OE 90L;0@K 8AB5IA0; 548;8@. !C?5@ AC= 38A<O= I84@>L5=;OH48@8;<8H A>90 18B:8 90LK 8;O 5=875;;0=4890 :O@O 90LK 30@KHKLK=40= I07K@;0=K@. 0,91, 1,745 2O 4,0 :3 :FB;O4O BO=O:O 10=:0;0@0 4>;4C@C;C@. !>90 90LK=K= BO@:818=4O >@30=87<8= OAO1 2O 8<<C= A8AB5<8=8= =>@<0; DC=:A890AK FGF= 20681 >;0= 4O9O@;8 <044O;O@, > 6F<;O4O= E>;8= 2O ;59A8B8= 20@. !>90 90LK 0B5@>A:;5@>7C=, F@O:-40<03 EOABO;8:;O@8=8= ?@>D8;0:B8:0AK=40 >@30=87<8= 8=D5:A890;0@0 2O EOABO;8:;O@O 30@HK <F3028<OB8=8= 0@B<0AK=40 G>E D0940;K4K@. OB1OE 90L;0@K=K= :59D899OB MNABO@868;O@8. OB1OE, 3O==04K 2O GN@O:G8;8: 90L;0@K A>@B;0@0 1N;F=<F@. !5=A>@ MNABO@868;O@8=4O= 404K, 898, @O=M8, :>=A8AB5=A890AK 2O O@848;<8H I0;40 HODD0D;KLK <FO99O= 548;8@. 04 2O 898 8AB8D04O >;C=0= OA0A E0<<0;0 <F20D83 >;<0;K, :O=0@ 2O E>H0MO;<O9O= 89 2O 404 >;<0<0;K4K@. O=M8 90LK= =N2F=4O= 0AK;K4K@. 0:8= 90L;0@K= 1FBF= :FB;OA8=4O 0L40= A0@K90 3O4O@ 2O 18@68=A;8 >;<0;K4K@. 'N@O:G8;8: FGF= <095 90L 0GK3 :@5<84O= :@5< @O=M8=O 3O4O@ >;0 18;O@. 200!-4O 1C 90L;0@K= :>=A8AB5=A890AK 18@ 1O@01O@;8:4O 1O@: 2O 90 90EK;0=, O@848;48:4O= A>=@0 HODD0D >;<0;K4K@. $878:8-:8<9O28 MNABO@868;O@8=4O= 90LK= <8340@K (99,7%-4O= 07 >;<0<0;K4K@), AC9C= 2O CGC6C <044O;O@8= <8340@K (0,3%-4O= G>E >;<0<0;K4K@), BC@HC;CLC (<OB1OE 90L;0@K=40 0,5-4O= G>E >;<0<0;K4K@), O@8<O 2O 4>=<0 B5<?5@0BC@C 2O 1O@:;898 <FO99O= 548;8@ 2O AB0=40@B40 =>@<0;0H4K@K;K@. OB1OE 90L;0@K=K= O@8<O B5<?5@0BC@C 28-360!-48@. OB1OE 90L;0@K=K= 301;0H4K@K;<0AK, <0@:0;0=<0AK 2O A0E;0=K;<0AK. O==04K 2O GN@O:G8;8: 90L;0@K OA0AO= AO=095 5<0;K FGF= =O7O@4O BCBC;<CH4C@. =0 MN@O 4O BCBC<C 20-25 :3 >;0= 95H8:;O@O, 60, 100, 150, 200 :3 >;0= GO;;O:;O@O 2O 10@010=;0@0 301;0H4K@K;K@. O@0:O=4O B860@OB 2O 86B8<08 80HO <FOAA8AO;O@8=O 25@8;O= <OB1OE 90L;0@K C9LC= >;0@03 GO:8;81-1F:F;<FH 2O GO:8;81-1F:F;<O<8H 1C@0EK;K@. OB1OE 90L;0@K 100-500 3@ :FB;O4O ?>;8<5@ ?O@4O;O@O, D>;3090, ?5@30<5=B :0LK7K=0 GO:8;81-1F:F;F@. 'O:8;81-1F:F;<FH 90L 10-25 :3 :FB;O4O 95H8:;O@O 301;0H4K@K;K@. )O@ 20I84 10L;0<040 D087;O :O=0@;0H<0 10L;0<0=K= :FB;OA8=4O= 0AK;K >;0@03 100-500 3-40 1,5; 501-1000 3-40 1,0; 1001-7500 3-40 8AO 0,5 >;0 18;O@. !>= 70<0=;0@ <OB1OE 90L;0@K=K= 40I0 G>E BCBC<C 910 3@, 1720 3@ 2O 4,0 :3 >;0= BO=O:O 10=:0;0@0 301;0H4K@K@;0@.C=;0@ 40 N7 =N21OA8=4O 4-8 O4O4 >;<03;0 :0@B>= 95H8:;O@O 301;0H4K@K;K@. )O@ ?0@B890 90L0 :59D899OB 2O@O3OA8 25@8;8@, >@040 8AB5IA0; <FOAA8AOA8=8= 04K, F=20=K, 90LK= 04K, 8AB5IA0; B0@8E8, <0; ?0@B890AK=K= =N<@OA8, 95@;O@8= A09K, BOI;8; <O;C<0B;0@K, A>= 8AB5I;0: <F44OB8, !!" 18-197-84 2O 2OA83O=8= 25@8;<O B0@8E8 MNABO@8;8@. C 3@C?0 084 >;0= 90L;0@K BO<87, 3C@C 2O I020AK 90EHK 4O98H48@8;O 18;O= 0=10@;0@40 <0; 3>=HC;CLC=0 @809OB 5B<O:;O A0E;09K@;0@. =10@K= 2O A>9C4C6C=C= B5<?5@0BC@C -100!-O 3O4O@ >;<0;K, =8A18 @FBC1OB 80%-4O= G>E >;<0<0;K4K@. 'N@O:G8;8: FGF= <095 90LK= 2O :5:A FGF= 3O==04K 90LK=K= 15-200!-4O A0E;0=K;<0 <F44OB8 10 MF=4F@. $8@8B9C@ 90LK 40I0 C7C= <F44OB A0E;0=K;0 18;O@. 6.5.    ,+. 0@30@8= 90L;0@K=K= 8AB5IA0;K=40 8AB8D04O >;C=0= 18B:8 90L;0@K I84@>M5=;OH48@8;<O:;O 1O@: 90L0, 10H30 AN7;O 18B:8 A0;><0AK=0 G52@8;8@. 095 90L;0@K= I84@>M5=;OH48@8;4<OA8=8= <0I899OB8 >=40= 810@OB48@ :8, 9F:AO: B5<?5@0BC@C= 2O 0:B82 :0B0;870B>@C= 8HB8@0:K 8;O I84@>M5= 4>9<0<KH 90L BC@HC;0@K=K= 8:830B @018BOA8=8 3K@0@03 >=;0@;0 18@;OH8@ 2O 15;O;8:;O 4O 90L <095 I0;40= 1O@: I0;0 :5G8@. )84@>M5=;OH48@<O 180-250>!-4O, 1,5 0B< BO7983 0;BK=40, 0,06-0,15% <8340@K=40 (90LK= :FB;OA8=O MN@O) <8A-=8:5; :0B0;870B>@C=C= 8HB8@0:K 8;O BOE<8=O= 3-3,5 A00B 4020< 548@. )84@>M5=8= <8340@K ;07K< >;4CLC=40= 2-3 4ODO G>E MNBF@F;F@. ;K=0= A>;0<0A A>9C4C;C@, D8;B@4O= :5G8@8;81 :0B0;870B>@40= BO<87;O=8@ 2O D878:8-:8<9O28 MNABO@868;O@8 9>E;0=K;K@. 598=B8 A0;><0AK=K= O@8<O B5<?5@0BC@C 31-36>!, 4>=<0 B5<?5@0BC@C 21>!-4O= 0H0LK >;<0;K4K@. "C@HC;C3 O4O48 0,5-4O=, =O<;898 0,2%-4O= G>E >;<0<0;K4K@. O=M8 0L, 7O8D A0@K<BK;, O@8B48:4O HODD0D; :O=0@ 89 2O 404K= >;<0AK=0 9>; 25@8;<8@. 0B0;870B>@C= <8340@K 1 :3-40 0,05 3-40= G>E >;<0<0;K4K@. 0L;0@K= I84@>M5=;OH48@8;<OA8 70<0=K <>;5:C;;0@0@0AK ?5@55B5@8D8:0A890 M5B4898=4O= BO@:818=4O B@0=A-87><5@;O@8 <8340@60 07 >;0= ?;0AB8:8 A0;><0A O;4O 548;8@. 5@55B5@8D8:0A890  B@83;8A5@84;O@8= 90L BC@HC;0@K=K= :0B0;870B>@ 8HB8@0:K 8;O <>;5:C;40E8;8 2O 90 <>;5:C;;0@0@0AK 4O98H<OA8 @50:A890AK=40= 810@OB48@. 0L;0@K= ?5@55B5@5D8:0A890AK :0B0;870B>@C= 8HB8@0:K 8;O 210-230>!-4O 10H0 G0BK@. OB1OE 90L;0@K=K= 8AB5IA0;K FGF= O= G>E <095 18B:8 90LK 8;O 1O@: I5920=0B 90L;0@K 30@KHKLK=K= ?5@55B5@8D8:0A890AK=40= 8AB8D04O 548;8@. C 30@KHKLK= O@8<O B5<?5@0BC@C 25-31>!-48@. 0@30@8= 8AB5IA0;K=40 8AO O@8<O B5<?5@0BC@C 28-33>! >;0= A0;><0A40= 8AB8D04O 548;8@. )84@>?5@55B5@8D8:0A890 548;<8H 90L;0@K= 8AB5IA0;K 70<0=K I84@>M5=;OH48@<O 2O ?5@55B5@8D8:0A890 @50:A890;0@K 18@MO M548@. C=C= FGF= 60-80% <095 18B:8 90LK 2O 20-40% O@848;<8H I5920=0B 90L;0@K=K= 30@KHKLK I84@>M5=;OH48@<O 2O ?5@55B5@8D8:0A890 @50:A890;0@K=0 CL@04K;K@. 5;O 5<0; =OB86OA8=4O 3C@C;CHC=0 2O >@30=>;5?B8:8 MNABO@868;O@8=O MN@O 9F:AO: :59D899OB;8 90L O;4O 548;8@. 0@30@8= 8;: 4ODO $@0=A040 1871-68 8;4O 5J-C@95 BO@OD8=4O= 8AB5IA0; 548;<8H48@. 0:K40 <0@30@8= 702>4C 1954-6F 8;4O 8HO A0;K=<KH4K, ;0:8= 1C 702>440 3C@0H4K@K;<KH 02040=;K3 2O BOB183 >;C=0= B5E=>;>M890 <F0A8@ BO;O10B0 60201 25@<O4898 FGF=, >=C= 95@8=4O 1996-6K 8;4O <F0A8@ BO;O10B0 60201 25@O= 02040=;K3;0 BO6I87 >;C=<CH 2O 4F=90 AB0=40@B;0@K=0 60201 25@O= B5E=>;>M890 8;O 8H;O9O= 95=8 <FOAA8AO - 0:K 0L 2O 840 !O=095 ! DO0;899OBO 10H;0<KH4K@. C <FOAA8AO <FEBO;8D G5H844O 4C@C 18B:8 90L;0@K 8;O 90=0HK 9F:AO: :59D89OB;8 <OB1OE 2O <0@30@8= 90L;0@K 2O <09>=57 8AB5IA0; 548@. 0@30@8= 90L;0 AC9C= 9F:AO: 48A?5@A;8 5<C;A890AK4K@. 0@30@8= 90LK >@30=87<4O 94-96,7%-O 3O4O@ <O=8<AO=8;8@. 100 3@0< <0@30@8= G5H848=4O= 0AK;K >;0@03 637-746 ::0; 2O 90 2665-3121 :>C; 5=5@J8 25@8@. 0@30@8=8= 18>;>J8 4O9O@;8;898 >=C= BO@:818=4O:8 O2O7 >;C=<07 90@K<4>9<0<KH 90L BC@HC;0@K=K=, D>AD0B84;O@8= 2O 28B0<8=;O@8= <8340@K 8;O <FO99O= 548;8@. 0@30@8= 8AB5IA0;K=40 A0A E0<<0;;0@40= BO188 2O I84@>M5=;OH48@8;<8H 18B:8 2O I5920=0B 90L;0@K=40=, >;5-90L <OIAC;;0@K, 4>=C7 ?898, :>:>A, ?0;<0=F2O 90LK, 95@DK=4KLK 90LK, :F=6FB 2O MF=O10E0= 90L;0@K=40= 0;K=0= A0;><0A40= 8AB8D04O 548;8@. 0@30@8=8= F<C<8 :FB;OA8=8= 82-62%-=8 90L BOH:8; 548@. 0@4K<GK E0<<0;;0@40= AC, AF4, :O@O 90LK, 309<03, 4C7, HO:O@, :0:0>-B>7C, OB8@;O=48@868;O@, 5<C;30B>@;0@, 28B0<8=, 1>90 <044O;O@8, :>=A5@20=B;0@ BOB183 >;C=C@. 15%-3O4O@ BO7O F7;F AF4 2O 90 F7AF7 AF4, 0,7% <8340@K=40 EN@O: 4C7C, 0,7-1,2% HO:O@, 0,2% =8H0AB0, ;8<>= BC@HCAC 2O 48MO@ E0<<0;;0@ O;02O 548;8@. 0@30@8= 90LK=K= 8AB5IA0;K=40 90L;0 AC9C= 18@-18@8;O 4020<;K 5<C;A890 O<O;O MOB8@<OA8 <O3AO48;O <FEBO;8D 5<C;30B>@;0@40= 8ABL8D04O 548;8@. 0@30@8= 8AB5IA0;K 0H0LK40:K 0@4K6K;;K3;0 M548@: - E0<<0;K= 3O1C;C 2O 8AB5IA0;0 I07K@;0=<0AK; - <0@30@8=8= @5A5?B8=8= BO@B818 2O OA0A 90L :><?>=5=B;O@8=8= A5G8;<OA8; - 90L;0@K= AF4 2O 48MO@ O;02O;O@;O 30@KH4K@K;<0AK; - 5<C;A890=K= I07K@;0=<0AK 2O A>9C4C;<0AK; - <0@30@8=8= ?;0AB8:8 8H;O=<OA8; - <0@30@8=8= GO:8;81-1F:F;<OA8 2O 301;0H4K@K;K8<0AK. !B0=40@B0 (!" 240-85) OA0AO= <0@30@8= @5A5?B8=O 2O BO98=0BK=0 MN@O 3 3@C?0 1N;F=F@. HE0=0, AO=095 5<0;K 2O :FB;O28 80HO FGF= 2O B0<;K O;02O;8 <0@30@8=. HE0=0 <0@30@8=8 1CB5@1@>B, 3O==04K 2O :C;8=0@ <O<C;0BK I07K@;0<03 FGF= =O7O@4O BCBC;C@. AB5IA0; >;C=0= 0HE0=0 <0@30@8=8 :59D899OB8=4O= 0AK;K >;0@03 048 0HE0=0 2O <0@:0;K 0HE0=0 3@C?;0@K=0 09@K;K@. 48 0HE0=0 <0@30@8=8 4 90@K<3@C?0 1N;F=F@: 1. !F4;F 0HE0=0 <0@30@8=8. C 3@C?0 084 >;0= <0@30@8=8= G5H848=4O= AF4;F, 95=8, 5@0 2O 5B@>3@04 MNABO@8;O 18;O@. C <0@30@8=8 8AB5IA0; 5B<O: FGF= AF4, 18B:8 90LK A0;><0AK, 18B:8 90LK 2O ?5@55B5@8D8:0A890 548;<8H 90L;0@;0 5<C;A890;0H4K@K;K1 1O@: I0;0 A0;K=K@. /;0 A>@B AF4;F, 95=8 2O 5@0 <0@30@8=;O@8=8= 404K BO<87, AF4 2O AF4 BC@HCAC OB@8 094K= I8AA >;C=<0;K, @O=M8 0GK3 A0@K, AKE 2O ?;0AB8: :>=A8AB5=A890;K >;<0;K4K@. OA8: I8AAO4O ?0@K;BK;K 2O MN@F=FHF 3C@C >;<0;K4K@. /@8<O B5<?5@0BC@C 27-320!, 1O@:;898 80-180 3/A<-48@. 1-68 A>@B <0@30@8=8= 4O 404K BO<87, OB@8 8AO 7O8D AF4 BC@HC;C4C@. 2. "O@:818=4O =8A1OBO= 07 90L >;0= AF4;F 0HE0=0 <0@30@8=8. C 3@C?0 084 >;0= <0@30@8=8= G5H848=4O= HOIO@;8, MN9 3C@H0LK (75%-;8) 2O MF=OH68: (72%-;8) MNABO@8;O 18;O@. 89;O=<O9O <59; MNABO@O=;O@ FGF= 60, 50 2O 40% 90LK >;0= <0@30@8= @5A5?B;O@8 4O 8H;O=81 I07K@;0=<KH4K@. C <0@30@8=;O@8= BO@:818=4O I84@>?5@55B5@8D8:0A890 2O ?5@55B5@8D8:0A890 548;<8H 90L;0@, 5;O6O 4O :>:>A 90LK (10%-O 3O4O@) >;C@. 3. !F4;F ?OI@87 <0@30@8=8 18@ G5H844O  A0L;0<;K3  1C@0EK;K@. /A0AO= 90H;K;0@ FGF= =O7O@4O BCBC;<CH4C@. "O@:818=4O 40-50% ;8=>; BC@HCAC, 0,4% D>AD>;8?84;O@, 30 <3% B>:>D5@>; >;<03;0  28B0<8=8 8;O 7O=M8=;OH48@8;8@. 4. O@O;8 <0@30@8= 2 G5H844O 1C@0EK;K@  :O@O;8 2O :O@O;8 95=8. C <0@30@8=;O@8 8AB5IA0; 5B48:4O 10%-4O= 07 >;<090@03 :O@O 90LK 2O 309<03 O;02O 548;<OA8 =O7O@4O BCBC;C@. 0@:0;K <0@30@8= 3 90@K<3@C?0 1N;F=F@. 1. CB5@1@>B FGF= <0@30@8=8= G5H848=4O= 5:AB@0, EFACA8 2O A;0290= MNABO@8;O 18;O@. C <0@30@8=;O@ 0HE0=0 <0@30@8=;O@8=4O= DO@3;8 >;0@03 90EHK;0H4K@K;<KH BO@:81O <0;8:48@. "O@:818=4O 18-26% :>:>A 2O 90 ?0;<0=F2O 90LK 2O 90EC4 26%-O 3O4O@ ?5@55B5@8D8:0A890 548;<8H 90L 20@4K@. 2 3@ 90L40 50 ..  28B0<8=8 >;C@. 2. 0EK;0= :>=A8AB5=A890;K 1CB5@1@>B <0@30@8=8 18@ G5H844O  MF=OH68: 1C@0EK;K@. C 90L;0@K= @5A5?B8=O 30-38% <095 18B:8 90LK, 0,2% D>AD0B84 =O7O@4O BCBC;4CLC=40= 18>;>J8 6OIOB4O= 4O9O@;8 I5A01 548;8@. /@8<O B5<?5@0BC@C 26-280!-48@. 3. 0@:0;K 0HE0=0 <0@30@8=8= G5H848=4O= IO2OA:0@ 2O CA890 MNABO@8;O 18;O@. CB5@1@>B <0@30@8=8=4O= DO@3;8 >;0@03 BO@:818=4O :>:>A 2O ?0;<0=F2O 90LK (10-15%) 074K@. CA890 <0@30@8=8=O 3C@C AF4 B>7C 2O 10% O@8=<8H :O@O 90LK 30BK;K@. )O2OA:0@ <0@30@8=8=4O (1-1,2%) 4C7C= <8340@K 10H30 <0@30@8=;O@O (0,2-0,7%) =8A1OBO= G>E4C@. !O=095 5<0;K 2O :FB;O28 80HO FGF= 8AB5IA0; >;C=0= <0@30@8=8= BO@:818=4O 90LK= <8340@K 82%-4O= 07 >;<C@. AB5IA0;GK 8;O 10L;0=<KH <F3028;O9O OA0AO= 1C <0@30@8=;O@ AF4, 4C7, HO:O@ 2O 1>90 <044OA8 O;02O 548;<O4O= I07K@;0=K@. C <0@30@8=;O@ 2 90@K<3@C?0 1N;F=F@. 1. O==04K <0@30@8=8 AF4;F, :O@O;8, BO1O3O;8 EO<8@ FGF=, :@5< FGF= 2O AF4AF7 (O;0 2O 1-68 A>@B) G5H848=4O 1C@0EK;K@. C <0@30@8=;O@ B57 O@89O= A0;><0A;0, :>:>A 2O ?0;<0=F2O 90LK O;02O 548;<O:;O (16%) 4C7AC7 I07K@;0=K@. !F4;F 3O==04K 90LK=40= 1C;:0 <O<C;0BK 8AB5IA0;K=40 8AB8D04O >;C=C@. C <0@30@8=8= O@8<O B5<?5@0BC@C 31-340!, 1O@:;898 150-200 3/A<-48@. "O1O3O;8 EO<8@ FGF= <0@30@8=O 1O7O= <0; 2O 4>=C7 90LK O;02O 548;8@. /@8<O B5<?5@0BC@C 34-360!, 1O@:;898 220-300 3/A<-48@. 2. 'N@O:G8;8: AO=095A8 FGF= 4C@C <0@30@8= I07K@;04K340 >=0 30% <095 18B:8 90LK 30BK;<0AK =O7O@4O BCBC;C@. C 90L :>1C4 48A?5@A A8AB5<8=O <0;8:48@. !F4AF7 <0@30@8= GN@O: 2O 3O==04K AO=095A8=8= A8D0@8H8 OA0AK=40 I07K@;0=K@ 2O <FEBO;8D 90L;0@K= AC 8;O 5<C;A890AK=40= O;4O 548;8@. "0<;K O;02O;8 <0@30@8=8= BO@:818=4O E0;8A 90LK= <8340@K 62%-4O= 07 >;C@. /A0AO= 1CB5@1@>B;0@K= 2O 3O==04K <O<C;0BK=K= I07K@;0=<0AK=40 8AB8D04O >;C=C@. C 3@C?0 H>:>;04;K-AF4;F, H>:>;04;K-:O@O;8 2O H>:>;04;K-95=8 <0@30@8= 08448@. C7AC7 I07K@;0=K@. "O@:818=4O 18% HO:O@, 2,5% :0:0> B>7C >;C@. 0H30 <0@30@8=;O@4O= H8@8= 404K 2O 3OI2O98 @O=M8 8;O DO@3;O=8@. CE0@K40 04;0@K GO:8;O= <0@30@8=;O@4O= O;02O <095 <0@30@8=, AC40 90L 5<C;A890AK 2O B>7 <0@30@8= 4O I07K@;0=K@. 095 <0@30@8= 4O 048 <0@30@8= :8<8 90L40 AF4 B8?;8 5<C;A8904K@. 0:8= 1C 90LK= 8AB5IA0;K=40 70-80% BO188 18B:8 90LK=40= 8AB8D04O >;C=C@. 48 <0@30@8=4O 8AO 1C=C= <8340@K 8-25%-48@. 095 <0@30@8= GN@O:G8;8:, 3O==04K 2O 9598=B8 :>=A5=B@0B;0@K AO=095A8=4O 8AB8D04O 548;8@. )07K@;0=4KLK 20EB40= 5B810@O= 15-200!-4O A0E;0=K;<0 <F44OB8 48 A00B4K@. !C40 90L 5<C;A890AK=K I07K@;0<03 FGF= 30% BO188 18B:8 90LK, 10% D>AD0B :>=A5=B@0BK 2O 60% AC MNBF@F;F@. /A0AO= GN@O:G8;8:4O GN@O: 3O;81;O@8=O AF@B<O: FGF= =O7O@4O BCBC;<CH4C@. ">7 <0@30@8=8 0;<03 FGF= O22O;6O AC40 90L B8?;8 5<C;A890 I07K@;0=K@. /A0A E0<<0;;0@K= <8340@K D087;O 0H0LK40:K :8<8 MNBF@F;F@. 8B:8 90LK A0;><0AK  30,75; BO7O F7AF7 AF4  22,45; 3C@C F7AF7 AF4  11,5; :0@B>D =8H0AB0AK  1; "-D 5<C;30B>@C 2O 90 D>AD0B;K :>=A5=B@0B  0,25; A>40  0,15 2O AC  29,9. FBF= E0<<0;;0@40= 5<C;A890 I07K@;0=K@ 2O B>7;0=4K@<0 FAC;C 8;O 3C@C4C;C@. C@C4C;<CH B>7 <0@30@8=8= BO@:818=4O 702% 90L >;C@. ">7 <0@30@8= 3C@C >2C=BC;C, @O=M8 0L, 0GK3 A0@K<BK; >;<0;K4K@. ">7 <0@30@8=4O= C=;C 3O==04K <O<C;0BK=K= 2O 9598=B8 :>=A5=B@0B;0@K=K= 8AB5IA0;K=40 8AB8D04O 548;8@. ">7 <0@30@8=8 1O@?0 5B<O: FGF= 100 3@ 90LK= F7O@8=O 17 3@ AC O;02O 548;8@, 30@KH4K@K;K@ 2O =OB86O4O 90EK=BK;K :>=A8AB5=A89090 <0;8: 90L O;4O 548;8@. ">7 <0@30@8=8 A0E;0=K;<0L0 4020<;K4K@. 48 >B03 B5<?5@0BC@C=40, M5@<5B8: B0@040 1 8;O 3O4O@ A0E;0<03 >;0@. FA1OB 340!-4O 8AO 3 09 :59D899OB8=8 A0E;0<KH, BO@:818=4O I5G 18@ 4O98H8:;8: 10H 25@<O<8H48@. !>= 8;;O@ 0:K B860@OB HO1O:OA8=4O E0@868 D8@<0;0@ BO@OD8=4O= 8AB5IA0; >;C=0= 18@ =5GO G5H84 <0@30@8= 90L;0@K A0BKH0 25@8;<8H48@. C 90L;0@40= !0=0, =0, 09;0 2O 48MO@;O@8=8 MNABO@<O: >;0@. !0=0 90LK BO188 18B:8 90LK=K= A0;><0AK=40= 2O ?0AB5@87O 548;<8H AF44O= I07K@;0=<KH4K@. 8B:8 <0@30@8=848@. "F@:89O4O 8AB5IA0; 548;<8H48@. FB;OA8 250 3-4K@. >28=:0 A5@890AK 8;O 8AB5IA0; 548;8@. "O@:818=4O 18B:8 ?898, ?0AB5@87O 548;<8H AF4, :0@>B8=-1600,:0;8C< A>@18B-202, <>=>3;8A5@8= 5<C;30B>@C- 471, ;59A8B8=-322, ;8<>= BC@HCAC -330,  2O  28B0<8=;O@8 20@4K@. !0E;0=<0 <F44OB8 6 094K@. B8:5B @5:;0<0A890AK=40 BO@8DA87 ;O77OB;O@ 90@04K= AN7;O@8 907K;<KH4K@. =0=K= BO@:818=4O 70% 18B:8 90LK (A>90, MF=O10E0=, ?0<1K3, @0?A 2O ?0;<0 90LK) 20@4K@. !C 2O 4C7 (<0:A8<C< 0,2%) 20@."O188 18B:8 5<C;30B>@C, <>=> 2O 483;8A5@84;O@-473, A>90 ;59A8B8=8-322, BO188 :O@O 90LK 0@><0B870B>@C, :>=A5@20=B :0;8C< A>@18B-202, ;8<>= BC@HCAC-330, 15B0-:0@>B8=-1600, ,  2O  28B0<8=;O@8 30BK;<KH4K@. 100!-4O= 0H0LK >;<090= AO@8= 95@4O A0E;0<03 ;07K<4K@. "!--! 9001 AB0=40@BK=K= BO;O18=O C9LC=4C@. "F@:89O=8= 40=0 HOIO@8=4O 0@A0 @0DB !06>1A !C6I0@4 !04068 $>>4 =4CAB@9 0=4 "@048=M !=6 D8@<0AK BO@OD8=4O= 8AB5IA0; 548;<8H48@. FB;OA8 250 3@. "O@:818=4O 0H0LK40:K;0@ 20@:  28B0<8=8  2500 ,  28B0<8=8  100 ,  28B0<8=8  27,7 , E>;5AB5@8=  9>E4C@, :0;>@8;898  100 3-40 630 ::0;-4K@. !0E;0=K;<0 <F44OB8 6 094K@. 09;0 :O@O 90LK :59D899OB;8 <0@30@8=48@. 0AB5@87O 548;<8H AF4;F 18B:8 <0@30@8=848@. 100 3@ 740 ::0; 5=5@J8 25@8@. "O@:818=4O :0@1>I84@0B  0,3; ?@>B58=  1; 2500   28B0<8=8; 100   28B0<8=8 20@, E>;5AB5@8= 2O 4>=C7 90LK 9>E4C@, :59D899OB8 "! 28 12 C9LC=4C@. !0E;0<0 <F44OB8 6 094K@. $8=0; <0@30@8= 90LK 59=O;E0;3 AB0=40@B "!-!-9000 2O - 1370/00 A09;K A5@B8D8:0B0 C9LC= >;0@03 0:K 0M 25 840 !5=095 ! BO@OD8=4O= 8AB5IA0; 548;8@. C 90L 59=8 70<0=40 !" 240-85 BO;O1;O@8=O C9LC= >;0@03 I84@>M5=;OH48@8;<8H 18B:8 90L;0@K=40= AF4 O;02O 5B<O:;O I07K@;0=K@. "O@:818=4O 82%-4O= 07 >;<090@03 E0;8A 90L, ,  2O  28B0<8=;O@8 20@4K@. 100 3@ $8=0; <0@30@8= 743 ::0; 5=5@J8 25@8@. +60!-4O= 0H0LK B5<?5@0BC@40 A0E;0<03 <OA;OIOB MN@F;F@. !0E;0=K;<0 <F44OB8 8AB5IA0; >;C=4CLC MF=4O= 5B810@O= 4 094K@. 0:K 0L 2O 840 !O=095 ! BO@OD8=4O= 9AC=, 0H0 2O >90; ;5=4 <0@:0;K <0@30@8=;O@ 4O 8AB5IA0; 548;8@. C <0@30@8=;O@ @0D8=O 2O 457>4>@0A890 >;C=<CH, 5;O6O 4O , 3,  28B0<8=;O@8 8;O 7O=M8=;OH48@8;<8H BO188 18B:8 90L;0@K=40=, ?0AB5@87O >;C=<CH AF44O= 301036K; B5E=>;>M890 2O M8M895=8: =>@<0;0@0 @809OB 548;O@O: I07K@;0=K@. C <0@30@8=;O@ 1CB5@1@>B;0@K=, A>CA;0@K=, C=;C <O<C;0B;0@K= I07K@;0=<0AK=40, IO<G8=8= 3K70@B<0 FGF= 2O 9598=B8 AO=095 A0IO;O@8=4O 8AB8D04O >;C=C@. 0@30@8=8= :59D899OB MNABO@868;O@8. 0@30@8= 301;0H4K@K;0= B0@0 1FBN2 >;<0;K, <0@:0;0=<0 4F7MF= 2O 094K=, 5;O6O 4O 90L40 HB0D >;<0<0;K4K@. 0@30@8=8= @O=M8 1>90 <044OA8=8= <8340@K=40= 0AK;K >;0@03 0L, 0GK3 A0@K >;0 18;O@. 0LK= @O=M8 18@68=A;8 >;<0;K4K@. (>:>;04;K <0@30@8=4O 3OI2O98 2O BF=4 3OI2O9848@. /;0 A>@B <0@30@8=8= :>=A8AB5=A890AK AKE, ?;0AB8: 2O 18@68=A;8 >;<0;K4K@. OA8: I8AAO4O MN@F=FHF 3C@C, ?0@;03 2O 90 7O8D ?0@;03 >;<0;K4K@. 1-68 A>@B <0@30@8=8= AOBI8 BCB3C= >;0 18;O@. 0@30@8=8= :>=A8AB5=A890AK :OA<89O >EH0@ 2O 4O=O2O@ >;<0<0;K4K@. "O@:818=4O AF4 D070AK >;0= <0@30@8=;O@4O BO<87 AF4 404K, 094K= I8AA >;C=0= AF4 BC@HC;C OB8@ >;<0;K4K@. (>:>;04;K <0@30@8= H8@8= 404;K 2O H>:>;04 OB8@;848@. 0@30@8=4O :O=0@ 89 2O 404 (06K, :8D, GF@F<FH) >;<0<0;K4K@. 48 <0@30@8=8= :59D899OB8 >@30=>;5?B8:8 FAC;;0 9>E;0=4K340 100 10;; A8AB5<8 8;O 389<OB;O=48@8;8@. 9 2O 404K=0 50 10;;, E0@868 MN@F=FHF=O 2O :>=A8AB5=A890AK=0 25 10;;, @O=M8=O 5 10;;, 301;0H4K@K;<0AK=0 10 10;;, 4C7;0=<0AK=0 10 10;; 25@8;8@. 0@30@8=8= >@30=>;5?B8:8 MNABO@868;O@8=O 94-100 10;;, > 6F<;O4O= 89 2O 404K=0 44 10;;40= 07 >;<090@03 389<OB 25@8;8@AO, >, O;0 A>@B0, 89-93 10;;, > 6F<;O4O= 89 2O 404K=0 41 10;;40= 07 >;<090@03 389<OB 25@8;O@AO, 1-68 O<BOO A>@B0 084 548;8@. 0@30@8=8= :59D899OB8 9>E;0=K;0@:O= 09@K-09@K MNABO@868;O@4O :O=0@;0H<0 >;0@A0, >=40 10;; 389<OB8 <F20D83 AC@OB4O 070;4K;K@. 0@30@8= 90LK FGF= OA0A MNABO@868 404 2O 89848@. C MNABO@868 F7@O <0:A8<C< MF7OHB 13 10;;4K@. /MO@ 90L 404 2O 898=O MN@O 37 10;; 389<OB 0;0@A0, >=C A0BKH0 25@<O: >;<07. 0@30@8= 90L;0@K=K= D878:8-:8<9O28 MNABO@868;O@8 >=;0@K= 8AB5IA0;K=40 8AB8D04O >;C=0= OA0A 2O 90@4K<GK E0<<0;;0@K= BO@:818=4O=, 8AB5IA0; B5E=>;>M890AK=0 @809OB >;C=<0AK=40= 2O 5;O6O 4O I07K@ 90LK= 301;0H4K@K;<0AK 2O A0E;0=K;<0AK HO@B;O@8=4O= 0AK;K4K@. $878:8-:8<9O28 MNABO@868;O@4O= 90LK=, AC9C= 2O 4C7C= <8340@K, 5BBAB>@D5@O MN@O 4O@O6O 8;O BC@HC;CLC, 90LK= O@8<O B5<?5@0BC@C <FO99O= 548;8@. : 0@30@8=8= BC@HC;CLC >BBAB>@D5@ 4O@O6OA8=O MN@O I5A01;0=K@. 5 3@ <0@30@8=8= =59B@0;;0H<0AK=0 AO@D >;C=0= 1 = 0) <OI;C;C=C= <8340@K 2-9O 2C@C;C@. 0@30@8= 90L;0@K=K= D878:8-:8<9O28 MNABO@868;O@8=O >=;0@K= 301;0H4K@K;<0AK, <0@:0;0=<0AK 2O A0E;0=K;<0AK 40 BOA8@ 548@. @30=>;5?B8:8 FAC;;0 <0@30@8= 90LK=K= 404K, 898, @O=M8, :>=A8AB5=A890AK 2O :OA8: I8AAO4O MN@F=FHF <FO99O= 548;8@. 0@30@8=8= E0@868 MN@F=FHF 9>E;0=0@:O= B0@0=K= 1FBN2;F9F, <0@:0;0=<0=K= 4F7MF=;F9F, 5;O6O 4O 90L40 HB0DK= >;<0AK <FO99O= 548;8@. 0LK= @O=M8 2O >=C= G0;0@;0@K <FO99O= 548;8@. C 8AO 90L0 O;02O 548;O= 1>90 <044O;O@8=8=, :0:0> 2O 48MO@ <044O;O@8= >;<0AK=40= 0AK;K4K@. 0LK= :>=A8AB5=A890AK 18-200!-4O H?0B5; 20A8BOA8;O <FO99O= 548;8@. C 70<0= 90LK= :>=A8AB5=A890AK=K= AKE, ?;0AB8: 2O 18@68=A;8 >;<0AK <FO99O= 548;<O;848@. OA8: I8AAO4O MN@F=FHF=O, >=C= 3C@C 2O ?0@;03 >;<0AK=0 D8:8@ 25@8;8@. 0@30@8=8= :>=A8AB5=A890AK=K= :OA<89O >EH0@ 2O 4O=O2O@ >;<0AK 40 <FO99O= 548;<O;848@. 0@30@8=8= 404K 2O 898 200!-4O BO98= 548;8@. C 70<0= BO<87 AF4 404K=K=, BC@H 404K= >;<0AK <FO99O= 548;8@. (>:>;04;K <0@30@8=4O H8@8= 404K= 2O H>:>;04 OB@8=8= >;<0AK, 5;O6O 4O :O=0@ 89 2O 404K= (06K, :8D, GF@F<FH) >;<0<0AK <FO99O=;OH48@8;<O;848@. 0@30@8=8= 301;0H4K@K;<0AK, <0@:0;0=<0AK 2O A0E;0=K;<0AK. 0@30@8= GO:8;81-1F:F;<FH 2O :0@>1:0;0@0 301;0H4K@K;<KH I0;40 1C@0EK;K@. 0@:0;K <0@30@8=;O@ <FB;O3 GO:8;81-1F:F;<O;848@. 0@30@8= ?5@30<5=BO, D>;3090 2O ?>;8<5@ <0B5@80;;0@0 =5BB> :FB;OA8 200-4O= 500 3-0 3O4O@ >;<03;0 GO:8;81-1F:F;F@. AB5IA0;GK 8;O 10L;0=0= <F3028;O9O OA0AO= <0@30@8= 500 3-40= 10 :3-0 3O4O@ :FB;O4O <5B0; 10=:0;0@0 301;0H4K@K;0 18;O@. 'O:8;81-1F:F;<FH <0@30@8= 10-25 :3 :FB;O4O B0EB0, D0=5@ 2O :0@B>= 95H8:;O@O 301;0H4K@K;K@. 'O:8;81-1F:F;<FH <0@30@8=8= =5BB> :FB;OA8=4O :O=0@;0H<0 200-250 3-;K3 ?0G:0;0@40 1,5%, 251 3-40= 10 :3-0 3O4O@ 8AO 1%-4O= G>E >;<0<0;K4K@. 'O:8;81-1F:F;<O<8H <0@30@8= =5BB> :FB;OA8 10-25 :3 >;<03;0 D0=5@ 2O :0@B>= 95H8:;O@O, IO<G8=8= 100 :3 :FB;O4O B0EB0 2O D0=5@ GO;;O: 2O 10@010=;0@0 301;0H4K@K;K@. C B0@0;0@K= 40E8;8=O ?5@30<5=B :0LK7K 2O 90 ?>;8<5@ ?O@4O AO@8;<O;848@. )O@ 301;0H4K@<0=K= F7O@8=O 90?KH4K@K;<KH 5B8:5BO O<BOO =8H0=K, 8AB5IA0; <FOAA8AOA8=8= 04K, F=20=K, <0@30@8=8= G5H848 2O A>@BC (A>@B;0@0 09@K;K@A0), =5BB> :FB;OA8, OA0A :><?>=5=B;O@8= A890IKAK, 8AB5IA0; B0@8E8 (8;, 09, MF=), A0E;0=K;<0 B5<?5@0BC@C 2O <F44OB8, AB0=40@BK= =N<@OA8 (!" 240-85) 2O HB@8E:>4 907K;<03;0 <0@:0;0=K@. 0@30@8= 90LK=K 10>!-4O= 9F:AO: >;<090= B5<?5@0BC@40 GO:8;81 1F:F;<FH;O@8 30 MF=, 30;0=;0@K 45 MF=, 0>-4O= <O=D8 10>!-9O 3O4O@ B5<?5@0BC@40 4 090 3O4O@ A0E;0<03 >;0@. 0@30@8= A?5A8D8: 3>EC90 <0;8: <OIAC;;0@;0, > 6F<;O4O= ?5=48@, :>;10A0, I8AO 25@8;<8H <O<C;0B;0@;0, BO7O <592O 2O BO@O2O7;O 18@;8:4O A0E;0=K;<0<0;K4K@. FOAA8AO4O=, 1070 2O A>9C4C6C40= MN=4O@8;O= <0@30@8=8= B5<?5@0BC@C 100!-4O= 9F:AO: >;<0<0;K4K@. 6.6.  09>=57 18B:8 90LK OA0AK=40 I07K@;0=0= 9F:AO: 3840;K;K3 4O9O@8=O <0;8: 9598=B8 <OIAC;C4C@. @B0 I5A01;0 BO@:818=4O 67% 90L, 25% AC, 3,1% 7F;0;, 2,6% :0@1>I84@0B;0@, 0,6% F728 BC@HC;0@ 2O 1,4% <8=5@0; <044O;O@ 20@4K@. 8B0<8=;O@4O= , , , :0@>B8= (?@>28B0<8= ) 20@4K@. 100 3@ <09>=57 627 ::0; 2O 90 2623 :>C; 5=5@J8 25@8@. 09>=57 8AB5IA0;K=40 A0D;0H4K@K;<KH 18B:8 90LK, 9C<C@B0 B>7C, 3C@C AF4, E0@40;, 4C7, A8@:O 2O <FEBO;8D 404 2O OB8@25@868 <044O;O@4O= 8AB8D04O 548;8@. /;02O;8 <09>=57;O@8= 8AB5IA0;K=40 30%-;8 B><0B ?0AB0, 3KBK3>BC, A89O=O:, MN1O;O:, 90HK; ;>190, ?5=48@, :>@=8H>= 2O <FEBO;8D O42899O;O@ 8AB8D04O >;C=C@. 09>=578= 8AB5IA0;K 0H0LK40:K O<O;8990B;0@ F7@O M548@: - E0<<0;K= 3O1C;C 2O 8AB5IA0;0 I07K@;0=<0AK; - 5<C;A89054868=8=(?0AB0=K=) I07K@;0=<0AK; - 5<C;A890=K= I07K@;0=<0AK 2O I5<>M5=;OH48@8;<OA8; - <09>=578= 10=:0;0@0 4>;4C@C;<0AK, <0@:0;0=<0AK 2O 301;0H4K@K;<0AK. 09>=57 8AB5IA0;K=40 5<C;30B>@ :8<8 AF4 :0758=8 8;O 9C<C@B0 A0@KAK=40= 8AB8D04O >;C=C@. <C;30B>@C I07K@;0<03 FGF= :0758= 1%-;8 =0B@8C<-18:0@1>=0B <OI;C;C 8;O 8H;O=8@ 2O =0B@8C<-:0758=0B0 G52@8;8@. 9=8 20EB40 9C<C@B0 A0@KAK AC 8;O 1:1 =8A1OB8=4O 30@KH4K@K;K@, F7O@8=O E0@40; :FB;OA8, :0758= :FB;OA8 2O 48MO@ E0<<0;;0@ O;02O 548;81 30@KH4K@K;K@ 2O I5<>M5=;OH<8H :FB;O-?0AB0 0;K=K@. )07K@;0=<KH ?0AB0 5<C;A8054868 0?0@0B40 30@KH4K@K;0@03 F7O@8=O =078: 0EK=;0 A>9C4C;<CH 18B:8 90LK O;02O 548;8@. 0LK= I0<KAK BN:F;4F:4O= A>=@0 07-07 A8@:O 2O 4C7 <OI;C;C O;02O 548;8@. FBF= E0<<0;;0@ 30@KH4K@K;4K340= A>=@0 :FB;O=8= A018B;OH<OA8 FGF= 95=84O= 5-8 4O3 30@KH4K@K;K@. /4O18990B;0@40 <09>=578= 40-0 3O4O@ G5H848=8= @5A5?B8 2O I07K@;0=<0AK 30940AK 25@8;8@. 09>=57 OA0A E0<<0; :><?>=5=B;O@8=O 2O O;02O;O@8=O, BO98=0BK=0 2O :>=A8AB5=A890AK=0 MN@O BOA=8D;OH48@8;O 18;O@. 09>=57 8AB8D04O >;C=<0AK=0 MN@O 2 3@C?0 1N;F=F@: O;90=0;BK <09>=57;O@; 5A5@B <09>=57;O@. >=A8AB5=A890AK=0 MN@O <09>=57;O@ 4C@C, 30BK, ?0AB020@8 2O B>720@8 >;C@;0@. "O@:818=4O:8 18B:8 90LK=K= <8340@K=0 MN@O 9F:AO: 90L;K 2O 07 90L;K 3@C?;0@K=0 1N;F=F@. 09>=57;O@ O;02O;8 2O O;02OA87 >;C@. /;02O;8 <09>=57;O@O <FEBO;8D OB8@;8-O42899O;8 2O 404-B0< 25@868 <044O;O@ 30BK;K@. O;90=0;BK <09>=57;O@8= BO@:818=4O 30-68% 18B:8 90LK, 7F;0;8 <044O;O@, :0@1>I84@0B;0@ 2O OB8@;8-404;K O;02O;O@ >;C@. 5A5@B <09>=57;O@8= BO@:818=4O 35-42% 18B:8 90LK, A8@:O BC@HCAC O2O78=O ;8<>= BC@HCAC, HO:O@ 2O OB8@;8 404;K O;02O;O@ >;C@. 09>=578= 35-4O= G>E G5H848=8= @5A5?B8 <F20D83 O4O18990B;0@40 M5=8H 25@8;<8H48@. O;90=0;BK FGF= =O7O@4O BCBC;<CH <09>=578= G5H848 OA0AO= 0H0LK40:K;0@40= 810@OB48@: %0@40;;K, !0;0B FGF=, 8<>=;C, @>20=A0;, "><0B;K <09>=57, KBK3>BC 8;O <09>=57, /42899O;8 <09>=57, >@=8H>=;C <09>=57, F@F 2O 90 A89O=O: 8;O <09>=57, 0HK; ;>190 8;O <09>=57, )O2OA:0@ <09>=578, 5GB0 E>7909:8, 0;25 2O A. C=;0@40= 10H30 OB8@;8-O42899O;8 O;02O;O@;O 2O <FEBO;8D 404-B0< 25@868 O;02O;8 <09>=57;O@ 4O 8AB5IA0; >;C=C@. OAO;O=, O=C1 A>CAC 8;O A0;0B FGF= <09>=57, >A:20 <09>=578, !89O=O:;8 <09>=57, C@C MN1O;O:;8 <09>=57, C70 3>9C;<CH MN1O;O:;8 <09>=57, 0LAK7;0H4K@K;<KH 3C@C AF4;O <09>=57, 0HK; ?5=48@;O <09>=57, "><0B ?0AB0;K <09>=57, "F=4 B><0B A>CA;C <09>=57, )O2OA:0@ A>CA;C <09>=57. 0AB020@8 <09>=578= G5H848=4O= 0@8=04 ?0AB0AK, -N1O;O: ?0AB0AK 2O !89O=O: ?0AB0AK MNABO@8;O 18;O@. 5A5@B <09>=578= G5H848=4O= ;<0;K <09>=57, @<C4;C <09>=57, >@C3;C <09>=57, 0;;K <09>=57, >@B0L0;;K <09>=57, -020;K;K <09>=57, B1C@=C 8;O <09>=57, -020;K;K-3>7;C <09>=57 2O A. MNABO@<O: >;0@. C <09>=57;O@4O= 3O==04K <O<C;0BK 8AB5IA0;K=40 2O 1CB5@1@>B FGF= 8AB8D04O 548;8@. )O<G8=8= H8@8= EN@O:;O@O 2O ?C48=3O 30BK;K@. 09>=57;8 :@5<;O@4O= (>:>;04;K 2O !F4;F <09>=57;O@ 8AB5IA0; 548;8@. /42899O;8 <09>=57;O@4O= 0I0@ (HF9F4 5:AB@0:BK 2O 90 90LK 8;O), /B8@;8 (6ODO@8, :O@O287 2O HF9F4 5:AB@0:BK 8;O), 0@GK=;K, 8@O;8 <09>=57;O@ 8AB5IA0; >;C=C@. "F=4 <09>=57;O@4O= >A:20 (4OD=O 90@?0LK; 30@0, OB8@;8 2O 3K@<K7K 8AB8>B; <8EO: 2O 40@GK= 5:AB@0:BK), 09@0< (8AB8>B, A0@K<A03, :5H=8H 2O 3>7;C) 2O A. 8AB5IA0; 548;8@. OI@87 <09>=57;O@8 I07K@;04K340 A8@:O BC@HCAC O2O78=O 0,4% ;8<>= BC@HCAC 8AB8D04O 548;8@. 0@?0BK 2O 8015B8: <09>=57;O@8=O HO:O@ O2O78=O :A8;8B 2O 90 A>@18B O;02O 548;8@. CE0@K40 04;0@K GO:8;O= <09>=57;O@4O= O= G>E @>20=A0;, !F4;F 2O 0I0@ G5H848 40I0 G>E 8AB5IA0; 548;8@. @>20=A0; 0HE0=0 <09>=578=8= @5A5?B8 D087;O 0H0LK40:K :8<848@: 18B:8 90LK  64,85; 9C<C@B0 A0@KAK  5,0; 3C@C AF4  2,20; 80%-;8 A8@:O 6N2IO@8  0,75; E0@40; B>7C  0,75; 4C7  1,3; HO:O@  1,5; A>40  0,05; AC  23,61. ">720@8 <09>=578 0;<03 FGF= 9F:AO: 48A?5@A;8 <09>=57 5<C;A890AK AC1;8<0A890 2O 90 B>7;0=4K@<0 FAC;C 8;O 3C@C4C;C@. !>9C3 EN@O:;O@8= 2O A0;0B;0@K= I07K@;0=<0AK=40 8AB8D04O 548;8@. O@?0 5B<O: FGF= 1,3:1 =8A1OB8=4O >B03 B5<?5@0BC@C=40 AC 8;O 30@KH4K@K;K@. "O@:818 OA0A <09>=574O >;4CLC :8<848@. 0:K 0L 2O 840 !O=095 ! BO@OD8=4O= B860@OB <0@:0AK @>20=A0;, @8=A5AA >;0= <09>=57;O@ 8AB5IA0; >;C=C@. C <09>=57;O@ BO@:818=4O MF=O10E0= 90LK, AF4, 9C<C@B0 B>7C, 4C7, HO:O@, E0@40; OB@8, A>40, A8@:O BC@HCAC >;0= 9F:AO: 48A?5@A 2O 9F:AO: 90L;K 3840 <OIAC;C4C@. C <09>=57;O@ OA0AO= OB 2O 10;K3, BO@O2O7 EN@O:;O@8=4O B0<;K 30B<0 :8<8, IO<G8=8= A0;0B;0@K= I07K@;0=<0AK=40 M5=8H 8AB8D04O >;C=C@. 09>=578= :59D899OB MNABO@868;O@8. 09>=578= >@30=>;5?B8:8 MNABO@868;O@8=O 404K, 898, @O=M8, :>=A8AB5=A890AK 2O E0@868 MN@F=FHF 084 548;8@. 09>=578= 404K 2O 898 7O8D, 18@ 3O4O@ BF=4, BC@H<O7O >;C1 06K >;<0<0;K4K@. /;02O;O@8= :OA:8= 898 2O 404K I8AA >;C=<0<0;K4K@. 0@0 2O 3K@<K7K 8AB8>B O;02O;8 <09>=57;O@ 8AB8>B 898 2O 404K 25@8@;O@. @>20=A0; <09>=578 E0@40; 2O A8@:O 898 2O 404K 25@O 18;O@. 09>=578= @O=M8 G5H848=4O= 0AK;K >;0@03 0GK3-:@5<84O= A0@K<BK;-:@5<8 @O=MO 3O4O@ 18@68=A;8 >;<0;K4K@. /B8@;8 O;02O;O@;O I07K@;0=<KH <09>=578= @O=M8 O;02O 548;O= OB8@;8 O42899O;O@O C9LC= >;<0;K4K@. "><0B;K <09>=578= @O=M8 A0@K<BK;-3K@<K7K4K@. 09>=578= :>=A8AB5=A890AK G5H848=4O= 0AK;K >;0@03 4C@C, 30BK, ?0AB020@8 >;0 18;O@. @>20=A0; <09>=578=8= :>=A8AB5=A890AK 30BK E0<0901O=7O@ >;<0;K4K@. /;02O;8 <09>=57;O@ 4O 30BK E0<0901O=7O@ >;C1 O;02O;O@8= I8AAO68:;O@8 18;8=<O;848@. FBF= <09>=57 G5H84;O@8=4O EK@40 I020 3010@6K3;0@K=K= I8AA >;C=<0AK=0 9>; 25@8;8@. 09>=578= D878:8-:8<9O28 MNABO@868;O@8=4O= 90LK=, AC9C=, BC@HC;CLC= <8340@K 2O 5<C;A890=K= 4020<;K;KLK OA0A MNBF@F;F@. FEBO;8D <09>=57 G5H848=4O AC9C= <8340@K @5A5?B MNABO@868A8=8= =O7O@4O BCBC;0= <8340@K=40= G>E, 90LK= <8340@K 8AO 07 >;<0<0;K4K@. OAO;O=, @>20=A0; <09>=578=4O 90LK= <8340@K 67%-4O= 07, AC9C= <8340@K 25-4O= G>E, BC@HC;CLC (A8@:O BC@HCAC=0 MN@O) 0,85%-4O= G>E, 5<C;A890=K= 4020<;K;KLK 8AO 1,5%-4O= G>E >;<0<0;K4K@. 09>=578= >@30=>;5?B8:8 MNABO@868;O@8 30 10;; A8AB5<8 8;O 389<OB;O=48@8;8@. C 70<0= 89 2O 404K=0 18 10;; (15 10;;40= 07 >;<0<0;K), :>=A8AB5=A890AK=0 9 10;; (7 10;;40= 07 >;<0<0;K), @O=M8=O 8AO 3 10;; (2 10;;40= 07 >;<0<0;K) 389<OB 25@8;8@. 24 10;;40= 0H0LK 389<OB 0;<KH <09>=57 A0BKH0 25@8;<8@. 09>=578= 301;0H4K@K;<0AK, <0@:0;0=<0AK 2O A0E;0=K;<0AK. AB5IA0; >;C=0= <09>=578= 301;0H4K@K;<0AK, A0E;0=K;<0AK 2O 40HK=<0AK >=C= :59D899OB8=O BOA8@ MNABO@8@. =0 MN@O 4O <09>=578= 301;0H4K@K;<0AK=40 2O A0E;0=K;<0AK=40 4N2;OB AB0=40@BK=K= 1FBF= BO;O1;O@8 95@8=O 95B8@8;<O;848@. 09>=578 IO6<8 150, 200, 300 2O 500 3@ >;0= 3C@C, HODD0D HFHO 10=:0;0@0 301;0H4K@K@;0@. O7O= ?>;8<5@ <0B5@80;40= I07K@;0=<KH ABO:0= 2O ?0:5B;O@4O= (BF18:;O@4O=) 8AB8D04O 548;8@ :8, 1C=;0@K= :FB;OA8 50-250 3@ >;C@. (2% 0@BK3-OA:8: >;<0AK=0 9>; 25@8;8@. 09>=57 301;0H4K@K;0= B0@040 0H0LK40:K;0@ 907K;<03;0 <0@:0;0=K@: 8AB5IA0; <FOAA8AOA8=8= 04K 2O 95@;OH4898 95@, <OIAC;C= G5H848 (04K), 8AB5IA0; B0@8E8, =5BB> :FB;OA8, A0E;0=<0 <F44OB8, I07K@;0=4KLK E0<<0;;0@K= 04;0@K, BO@:818 2O 3840;K;K3 4O9O@8, AB0=40@BK= =N<@OA8, HB@8E:>4 2O A. 3594 >;C=C@. 09>=57 4>;C 10=:0 2O 48MO@ B0@0;0@ :0@B>= :0@>1:0 2O 90 95H8:;O@O 9KLK;K@. O3;8990B B0@0AK=0 F7O@8=4O 0H0LK40:K;0@ 907K;<KH 5B8:5B 90?KH4K@K;K@. AB5IA0; <FOAA8AOA8=8= 04K 2O F=20=K, <OIAC;C= G5H848, 8AB5IA0; B0@8E8, 95H8: 2O :0@>1:0;0@40:K 10=:0;0@K= A09K, A0E;0=K;<0 HO@08B8 2O A. 907K;K@. 5H8: 2O :0@>1:0;0@K= :FB;OA8 10-20 :3 0@0AK=40 >;C@. 09>=578= A0E;0=K;<0AK FGF= O= 90EHK B5<?5@0BC@ 50!-48@. )020=K= =8A18 @FBC1OB8 75%-4O= G>E >;<0<0;K4K@. 09>=578= A0E;0=K;<0 <F44OB8=8 C70B<03 2O 4020<;K;KLK=K 0@BK@<03 <O3AO48;O >=0 D5@<5=B ?@5?0@0B;0@K (:0B0;070, >:A84070, 3;F:>784070) O;02O 548;8@. 5;O <09>=578= A0E;0=K;<0 <F44OB8 6 094K@. %FACA8 AB018;;OH48@868;O@ 2O :>=A5@20=B O;02O;8 <09>=57;O@8 1 8;O 3O4O@ A0E;0<03 >;0@. $ / !   ++ !& / !& /)!# + !F4 2O AF4 <OIAC;;0@K 8=A0=;0@K= 3840;0=<0AK=40 M5=8H 8AB8D04O >;C=0= O2O7A87 3840 <OIAC;;0@K=40=4K@. =;0@K= :8<9O28 BO@:818 2O 18>;>J8 4O9O@;8;898 BO18OB4O >;0= 1FBF= 3840;0@40= FABF=4F@. !F4 2O AF4 <OIAC;;0@K=K= 8=A0=;0@K= 10;0=A;0H4K@K;<KH 3840;0=<0AK=40 90;=K7 18@ 3840 :8<8 9>E, IO< 4O A0L;0<;0H4K@K6K OIO<899OB8 20@4K@. !F4F= 9F:AO: 3840;K;KLK, 18>;>J8 2O <F0;86O28 E0AAO8 >=C= BO@:818=4O >;0= 389<OB;8 7F;0;;0@K=, 0A0= IO7< >;C=0= 90L;0@K=, <FEBO;8D 28B0<8=;O@8= 2O I>@<>=;0@K= 7O=M8= >;<0AK 8;O 870I 548;O 18;O@. =A0=;0@K= 3840;0=<0AK=40 AF4 <OIAC;;0@K=0 >;0= BO;O10B, >=;0@K= BO@:818=8= 7O=M8=;898 8;O, IO< 4O 1C <044O;O@8= AF4F= BO@:818=4O 10;0=A;0H4K@K;<KH <8340@40 >;<0AK 8;O O;03O40@4K@. C=40= 10H30 AF4 90EHK AB8<C;90B>@4C@, 15;O :8, >@30=87<O 40E8; >;0= 10H30 3840 <044O;O@8=8= <O=8<AO=8;<OA8=8 0@BK@K@. ;<8 6OIOB4O= 8A10B >;C=<CH4C@ :8, AF4 2O AF4 <OIAC;;0@K 90;=K7 CH03;0@K= 2O 90H;K;0@K= 3840;0=<0AK=40 4598;, 1FBF= OI0;8=8= 3840;0=<0AK=40 OA0A <OIAC;;0@40= 18@8 >;<0;K4K@. =A0=;0@K= 3840 ?09K=0 AF4 2O AF4 <OIAC;;0@K=K= 40E8; 548;<OA8 >=;0@K= EOABO;8:;O@4O= 3>@C=<0AK=40 8;: ?@>D8;0:B8:8 BO418@;O@4O=48@. $878>;>J8 =>@<090 MN@O >@B0 90H;K 8=A0=;0@K= MF=4O;8: 3840 ?09K=40 500 3@ AF4 2O 90 30BK3, 15 3@ :O@O 90LK, 18 3@ ?5=48@, 20 3@ :OA<8: 2O 18 3@ E0<0 >;<0;K4K@. !F4 2O AF4 <OIAC;;0@K=K= 8=A0=;0@K= 3840;0=<0AK=40:K OIO<899OB8 =O7O@O 0;K=<03;0 >=;0@K= :59D899OB8=O =O70@OB MF6;O=48@8;<O;848@. 7.1. !&& / "/  / %!!//  !F4F= BO@:818=4O >@30=87<8= =>@<0; 8=:8H0DK=K BO<8= 54O= 1FBF= <044O;O@ >?B8<0; =8A1OB4O48@. C=;0@0 AC, 7F;0;;0@, 90L, AF4 HO:O@8, <8=5@0; 18@;OH<O;O@, F728 BC@HC;0@, 28B0<8=;O@, D5@<5=B;O@, I>@<>=;0@, 8<<C= 68A8<;O@, 307;0@, ?83<5=B;O@ 2O 10H30 18@;OH<O;O@ 08448@. !F4 8=A0= >@30=87<8=4O 96-99% <O=8<AO=8;8@. 100 3@ 8=O: AF4F 289 :>C; 5=5@J8 25@8@. !F4 <F@O::O1 BO@:81;8 <09548@. , I5920=;0@K= AF4 2O78;O@8=4O 30=40= O<O;O MO;8@. !F4F= BO@:818 I5920=K= 68=A8=4O=, ;0:B0A890 4N2@F=4O=, 95<8=4O= 2O 48MO@ 0<8;;O@4O= 0AK;K >;0@03 4O98H8@. !F4F= BO@:818=4O >@B0 I5A01;0 87,5% (83-89%) AC 20@4K@. !F4F= AC9C AO@1OAB 2O 18@;OH<8H D>@<040 >;C@. 8@;OH<8H AC OA0AO= 2-3,5% <8340@40 7F;0;;0@K= BO@:818=4O48@. !F4 90LK :F@O68: D>@<0AK=404K@. F@O68:;O@8= 480<5B@8 2-3 (1-20 <8:@>= 0@0AK=40) <8:@>=4C@. 0L :F@O68:;O@8 A>9C4C;<0<KH AF44O 5<C;A890, A>9C4C;<CH40 8AO ACA?5=7890 I0;K=404K@. 0L :F@O68:;O@8 ;8?>?@>B584 3;0DK 8;O OI0BO >;C=<CH4C@. !F4 90LK=K= BO@:818=4O 40-0 3O4O@ 4>9<CH (1FBF= 90L BC@HC;0@K=K= 68-75%-8) 2O 4>9<0<KH 90L BC@HC;0@K, IO<G8=8= 10H30 90L;0@0 =8A1OBO= G>E EK@40 <>;5:C;0;K CGC6C 90L BC@HC;0@K (5,5-10,8%) 20@4K@. 0@K<4>9<0<KH 90L BC@HC;0@K (2,9-6,5%) 90940 A0LK;0= AF44O, 3KH <N2AF<F=4O A0LK;0=0 =8A1OBO= G>E4C@. !F4 90LK=K= O@8<O B5<?5@0BC@C 27-340!-48@. !F4 90LK=K= BO@:818=4O >=C <FH098OB 54O= <044O;O@  D>AD0B84;O@ (;5A8B8= 2O :5D0;8=) 2O AB5@8=;O@ (E>;5AB5@8= 2O 5@3>AB5@8=) 20@. @3>AB5@8= C;B@01O=N2HO98 HF0;0@K= BOA8@8=4O=  28B0<8=8=O G52@8;8@ 2O CH03;0@40 @0E8B EOABO;898=8= 10H 25@<OA8=8= 30@HKAK=K 0;K@. %>;5AB5@8= >@30=87<4O :0;A8C< 4C7;0@K=K= 2O D>AD0B BC@HC;0@K=K= <F1048;OA8=8 =870<;09K@. !F4 7F;0;K=K= OA0AK=K 2,7% <8340@K=40 :0758=, 0,4% 0;1C<8= 2O 0,12% 3;>1C;8= BOH:8; 548@. !F4 7F;0;K :>;;>84 D>@<040 >;C1 B0< 4O9O@;848@, GF=:8 BO@:818=4O 1FBF= O2O7548;<O7 0<8=BC@HC;0@K 20@4K@. 0758= <F@O::O1 7F;0;-D>AD>?@>B584;O@ 3@C?C=0 08448@. !F44O >, ?0@0:0758=0B D>AD0B :><?;5:A8=4O >;C@. C :><?;5:A4O :0;A8C< 2 <>;5:C; 0@0AK=40 :N@?F @>;C=C >9=09K@. !F4F BC@HCB4C340 1C :><?;5:A4O= :0;A8C< 09@K;K@ 2O 4O;O<O O<O;O MO;8@. 0758= ?0AB5@870A890 B5<?5@0BC@C=0 30@HK 4020<;K4K@, 90;=K7 3C@A03 D5@<5=B8=8= BOA8@8=4O= 45=0BC@0B;0HK@. ;1C<8=8= BO@:818=4O D>AD>@ 9>E4C@, ;0:8= :F:F@4F= <8340@K :0758=4O:8=4O= 2 4ODO G>E4C@. !C40, 7O8D BC@HC 2O 3O;O28 <OI;C;C=40 IO;; >;C@, AF4F 75-800! B5<?5@0BC@40 3K74K@4K340 >=40 >;0= 0;1C<8= GN:F@. ;>1C;8= ?0AB5@87O 70<0=K GN:F@, 10:B5@8A84 E0AAO9O <0;8:48@. LK7 AF4F=4O >=C= <8340@K 8-9%-O G0BK@. !F4 HO:O@8  ;0:B>70 AF4F= BO@:818=4O 4,7%-48@. 0;0:B>70 2O 3;F:>7040= BOH:8; >;C=<CH ;0:B>70 A0E0@>7040= 5,6 4ODO 07 H8@8=;89O <0;8:48@. 'OB8= I84@>;87;OH8@. !F4F 9F:AO: B5<?5@0BC@40 3K74K@4K340 ;0:B>70 0<8=BC@HC;0@K 2O 7F;0;;0@K= 0<8= 3@C?C 8;O @50:A89090 M8@81 <5;0=>84;O@ O<O;O MOB8@8@. C <044O 8AO AF4O 3OI2O98 @O=M 25@8@. 0:B>70 <090;0@K= 8HB8@0:K 8;O 3K63K@4K340 AF4 BC@HCAC, A?8@B 2O ?@>?8>= BC@HCAC O<O;O MO;8@. =C= 1C E0AAOA8=4O= BC@HC4C;<CH AF4 <OIAC;;0@K=K= 2O ?5=48@;O@8= 8AB5IA0;K=40 8AB8D04O 548;8@. 8=5@0; <044O;O@8= F<C<8 <8340@K AF44O 1%-O 3O4O@48@. F;F= <8340@K 8AO 0,7%-48@. !F4F= BO@:818=4O 80-O 3O4O@ :8<9O28 5;5<5=B 20@4K@. C 5;5<5=B;O@ >@30=87<4O 0A0= <O=8<AO=8;O= D>AD>@, ;8<>= 2O E;>@84 BC@HC;0@K=K= 4C7;0@K HO:;8=4O48@. !F4F= BO@:818=4O <3/100 <; I5A01K 8;O:   170,   145, 0  120, ;  150, 0  50, 2  20, M  13, !4  10 20@4K@. 8:@>5;5<5=B;O@4O= <8A, <0=30=, :>10;B, A8=:, 9>4, E@><, 30;09, MF<FH, =8:5;, 20=048C< 20@4K@. C 5;5<5=B;O@8= 3840;0=<040 2O 8=A0=;0@K= IO90B DO0;899OB8=4O 1N9F: OIO<899OB8 20@4K@. !F4F= <8=5@0; 18@;OH<OA8=8= BOE<8=O= 90@KAK :0;A8C< 2O D>AD>@ 4C7;0@K=40= 810@OB48@. C 40 AF<F9F= 8=:8H0DK=40 IO;;54868 @>; >9=09K@. !F44O ;8?070, @54C:B070, ?@>B5070, D>AD0B070, ?5@>:A84070, :0B0;070 2O ;0:B070 D5@<5=B;O@8 20@4K@. 8?070 D5@<5=B8 800!-4O N7 DO0;;KLK=K 8B8@8@, >=0 MN@O 4O 90L 8AB5IA0;K=40 E0<0 O22O;6O4O= 800!-4O= 9F:AO: B5<?5@0BC@40 ?0AB5@87O 548;8@. 0:B070 D5@<5=B8 ;0:B>70 HO:O@8=8 3;F:>70 2O 30;0:B>7090 ?0@G0;09K@. !F4F= BO@:818=4O 07 <8340@40 40 >;A0 1FBF= 28B0<8=;O@ 20@4K@. 07-909 20EBK AF44O 28B0<8=;O@8= <8340@K 3KH <N2AF<F=O =8A1OBO= G>E >;C@. !F44O 28B0<8=;O@8= <8340@K <3%-;O: 1  0,04;   0,03; 2  0,05; 3  0,38; 6  0,05; 12  0,004;   2,0; 3  0,00005; )  0,0032;   0,15;   0,15. 594 5B<O: ;07K<4K@ :8, 60<KH AF4F=4O  28B0<8=8, 8=O: AF4F=4O 8AO :0@>B8= (?@>28B0<8= ) 20@4K@. !F4F= BO@:818=4O:8 8<<C= 68A8<;O@8 (0=B8B5;;O@) ?A524>3;>1C;8= D>@<0AK=404K@. C=;0@ AF4F= 10:B5@8A84 E0AAOA8=8 BO<8= 548@. !F4F= 1C E0AAO9O <0;8: >;<0AK=0 AO1O1 >=40 ;0:B5=8=-1, ;0:B5=8=-2, ;87>A8< 2O ;5A8B8= 04;K 10:B5@8A84, 9O=8 <8:@>1;0@K <OI2 54O= <044O;O@8= (0=B8B5;;O@8=) >;<0AK4K@. C=;0@0 8<<C= 68A8<;O@8 4O 4598;8@. !F4 A0LK;0=40= 6 A00B O@78=4O 8<<C= 68A8<;O@8 >@040 <8:@>1;0@K= 8=:8H0D 5B<OA8=O <0=5G8;8: MNABO@8@. !0E;0=K;<0 2O ?0AB5@870A890 70<0=K 1C=;0@ ?0@G0;0=K@. !F4F= D878:8-:8<9O28 E0AAO;O@8=O >=C= BC@HC;CLC, AKE;KLK, N7;F;F9F, AF4F= AOBI8 MO@8;<OA8, AF4F= 8AB8;8: BCBC<C 2O 48MO@ MNABO@868;O@ 08448@. !F4F= F<C<8 BC@HC;CLC "5@=5@ (0") 8;O 8D04O >;C=C@. 100 <; AF4F= =59B@0;;0H<0AK=0 AO@D >;C=0= 0,1= 3O;O28=8= <;-;O <8340@K=0 >=C= BC@HC;C3 4O@O6OA8 4598;8@. "O7O A0LK;<KH AF4F= BC@HC;CLC 16-180"-48@. >@<0; BO7O AF4F= 0:B82 BC@HC;CLC  )-K 6,47-6,67-48@. !F4F= AKE;KLK 200!-4O >@B0 I5A01;0 1,027-1,032 3/A<3-48@. !F4O AC 30B4K340 AKE;K3 070;K@, AF4F= 90LK 09@K;0=40 AKE;K3 0@BK@. C MNABO@8689O MN@O AF4F= A0EB0;0H4K@K;<0AK <FO99O= 548;8@. !F4 100,20!-4O 309=09K@. /= G>E 8=O: AF4F 8AB5IA0; 548;8@ 2O >=40= AF4 702>4;0@K=40 <FEBO;8D AF4 <OIAC;;0@K 0;K=K@. FEBO;8D N;:O;O@4O 2O 1N;MO;O@4O 3>9C=, :5G8, 751C, <0@0;, 0B 2O 4O2O AF4F=4O= 4O 8AB8D04O >;C=C@. >9C= AF4F=F= @O=M8 OA0AO= 0L >;C1, 7O8D A0@K<BK;0 G0;K@. %>H0MO;<O9O= BO@ 3>ECAC >;4CLC FGF= 18;020A8BO 8G8;<O: FGF= 8AB8D04O 548;<8@. >9C= AF4F=4O 90LK= <8340@K 8=O: AF4F=O =8A1OBO= 1,3-1,5; 7F;0;;0@K 8AO 1,5-1,8 4ODO G>E4C@. >9C= AF4F=F= 90L :F@O68:;O@8=8= 480<5B@8 8=O: AF4F=4O:8=O =8A1OBO= 1N9F:4F@. >9C= AF4F=4O= OA0AO= @K=70, '0=0E, "CH 2O >B0; ?5=48@;O@8 8AB5IA0; 548;8@. !?5A8D8: 89;8 :5G8 AF4F=F= BO@:818=4O:8 90L :F@O68:;O@8 G>E EK@40 >;4CLC=40= GOB8=;8:;O 09@K;K@. "O@:816O 0=0 AF4F=O 90EK=4K@. =0 MN@O 4O 1O78 1N;MO;O@4O :5G8 AF4F 8;O CH03;0@K 9548748@8@;O@. C<H03 ?5=48@;O@8= 8AB5IA0;K=0 AO@D >;C=C@. 0<KH AF4F 7F;0; 2O 90L BO@:818=O MN@O O= 389<OB;8 AF4 I5A04 >;C=C@. !?5A8D8: 4040 <0;8:48@. "O@:818=4O  28B0<8=8 20@4K@. 0<KH AF4F=4O= 309<03, :O@O 90LK, 30BK3, AF7<O 2O 3C@A03 <090;K ?5=48@ 8AB5IA0;K=40 8AB8D04O 548;8@. 51C AF4F=F= BO@:818=4O 5-6% 90L 2O 3,7-4,2% 7F;0; 20@4K@. !>= 8;;O@ 7O@10960=40 751CGC;C3 8=:8H0D 5B48@8;8@ 2O >=C= AF4F=4O= 40I0 40 AO<O@O;8 8AB8D04O 548;<OA8 FGF= BO43830B;0@ 0?0@K;K@. =A0=;0@ AF4 2O AF4 <OIAC;;0@K=40= G>E 3O48<4O= 8AB8D04O 548@;O@. C=;0@K= :8<9O28 BO@:818 2O 18>;>J8 4O9O@;8;898 BO18OB4O >;0= 1FBF= 3840;0@40= FABF=4F@. )07K@40 <O;C<4C@ :8, AF4F= BO@:818=4O 200-4O= G>E <FEBO;8D <044O, > 6F<;O4O= 20-4O= 0@BK3 0<8=BC@HCAC, 40 90L BC@HCAC, 25 <8=5@0; <044O, 20 28B0<8=, >=;0@60 D5@<5=B, <FEBO;8D =N2 HO:O@, ?83<5=B 2O A. 20@4K@. )O;O 3O48< 70<0=;0@40 D8;>A>D;0@ AF4F= :8<9O28 2O D878:8 E0AAO;O@8=8 18;<O4O= >=C= >@30=87<O <FA1OB BOA8@8=8 I8AA 5481 >=C 0L 30=, A0L;0<;K3 <O=1O98, IO90B HO@1OB8 2O A. 04;0=4K@<KH;0@. % OA@8= 0EK@K, %+ OA@8= O22O;;O@8=4O (980-1037) 90H0<KH 1N9F: B068: 0;8<8 /1C-/;8-1=-!8=0 MNABO@8@ :8, AF4 <OIAC;;0@K 8=A0=K= 8=:8H0D 4N2@F=4O 2O 3>60;<0 90HK=40 G>E OIO<899OB;848@. %FACA8;O :5G8 AF4F=F 10;;0 30@KH4K@K1 8G<O: G>E E598@;848@. -N@:O<;8 D878>;>3 ..02;>2 A0L;0< 2O EOABO >@30=87<;O@ F7O@8=4O :F;;8 <8340@40 BO6@F1O;O@ 0?0@0@03 15;O =OB86O9O MO;<8H48@ :8, 8=A0= 3840;0@K 8GO@8A8=4O AF4 O= 9F:AO: 4O9O@O <0;8:48@. , BO18OB8= I07K@;04KLK <FABOA=0 38404K@. OHIC@ 0;8< ..>;G0=>20 AF4F= CH03;0@ FGF= G>E 4O9O@;8 3840 >;<0AK I033K=40 907K@ :8, AF4AF7 3840 ?09K CH03;0@K= 7F;0;;0@0 2O 10H30 3840 <044O;O@8=O >;0= 5IB8906K=K B0<0<8;O N4O9O 18;AO 4O, 3O=0OB;O=48@868 =OB86O 25@O 18;<O7. C=0 AO1O1 AF4F= BO@:818=4O 9F:AO: 3840;K;K3 4O9O@8 >;0= 90LK=, 7F;0;;0@K=, AF4 HO:O@8=8= >;<0AK 2O 1C=;0@K= >@30=87< BO@OD8=4O= 90EHK <O=8<AO=8;O 18;O= =8A1OB8, 59=8 70<0=40 AF4F= :0;A8C< 2O D>AD>@ 4C7;0@K 8;O 4O 7O=M8= 2O 28B0<8=;8 >;<0AK4K@. !F4 7F;0;;0@K=K= 9F:AO: 3840;K;K3 4O9O@8, >=40 O2O7548;<O7 0<8=BC@HC;0@K=K= I0<KAK=K= >;<0AK4K@. !F4 90LK=K= BO@:818=4O 40-0 3O4O@ <FEBO;8D 90L BC@HC;0@K >;C@. !F4F= BO@:818=4O:8 AF4 HO:O@8 >@30=87<4O 10H 25@O= 18>:8<9O28 ?@>A5A;O@8= 5=5@J8 8;O BO<8= 548;<OA8 FGF= OA0A <O=1O48@. 7.2. !&& + / '( !F4F= :59D899OB8 >=C= A0LK;<0 HO@08B8=4O=, AF4 BN:F;O= 301;0@K=, <5E0=8:8 03@530B;0@K=, A0LK6K;0@K= O;;O@8=8= BO<87-;898=4O=, I5920=;0@K= A0L;0<;KLK=40= 2O 48MO@ 0<8;;O@4O= 0AK;K4K@. "O7O A0LK;<KH AF44O 18@ <F44OB 10:B5@890;0@ 0@B0 18;<8@, 1C 4N2@O 10:B5@8A84 D070 4598;8@. !F4F= 10:B5@8A84 D070AK >=C= 10:B5@890;0@;0 G8@:;O=<OA8 4O@O6OA8=4O=, A0E;0=K;<0 B5<?5@0BC@C=40= 2O I5920=K= EFACA899OB8=4O= 0AK;K4K@. !F4 300! B5<?5@0BC@40 3 A00B, 250!-4O 6 A00B, 100!-4O 24 A00B, 50!-4O 36 A00B 2O 00!-4O 48 A00B 10:B5@8A84 E0AAOA8=8 A0E;09K@. =0 MN@O 4O BO7O A0LK;<KH AF4F 4-80!-9O 3O4O@ A>9C4C1 AF4 702>4;0@K=0 MN=4O@8@;O@. 02>440 3O1C; 548;O= AF4F= >@30=>;5?B8:8 MNABO@868;O@8, <5E0=8:8 G8@:;O=<OA8, BC@HC;CLC, AKE;KLK 2O 90LK= <8340@K <FO99O= 548;8@. !B0=40@B0 MN@O BO40@F: 548;O= AF4F= :>=A8AB5=A890AK 18@68=A;8, GN:F=BFAF7 2O A5;8:A87 >;<0;K4K@. O=M8 0L, 0760 A0@K<BK; @O=MO G0;<0;K, AKE;KLK 1,027 3/A<3-4O= 0H0LK >;<0<0;K4K@. !F4F= BC@HC;CLC 1-68 A>@B40 16-180", 2-68 A>@B40 16-200"-48@. !F4F= 1078A 90L;K;KLK IO@ 18@ 83B8A048 1N;MO FGF= O=4 "OAO@@FD0BK 078@;898=8= BO348<0BK=0 OA0AO= 078@;O@ 018=5B8 BO@OD8=4O= 909 2O 3KH <N2AF<F =O7O@O 0;K=<03;0 <FO99O= 548;8@. !0LK;0= 20EBK AF4O 18@ AK@0 <5E0=8:8 30BKHK3;0@  3C@C >B, BF:, ?598=, A5;8: 2O A. 4FHO 18;O@. !F4F IO<8= <044O;O@4O= BO<87;O<O: FGF= AF7F@;O@. !F4 702>4;0@K=40 1FBF= AF4 <OIAC;;0@K=K ?0AB5@87O 548;<8H AF44O= I07K@;09K@;0@. 4C@ :8, 3O1C; 548;O= AF4 <FB;O3 ?0AB5@87O 548;<O;848@. #7C= <F44OB;8 ?0AB5@87O 63-650!-4O 18@ =5GO 4O383O, 3KA0 <F44OB;8 ?0AB5@87O 72-760!-4O 15-20 A0=89O, 0=8 ?0AB5@87O 850!-4O A0E;0=K;<040= 0?0@K;K@. 0AB5@87O 70<0=K 25M5B0B82 <8:@>1;0@ <OI2 >;C@. 8:@>1;0@K= A?>@;0@K=K 40 <OI2 5B<O: FGF= AF4F 120-1300!-4O AB5@8;87O 548@;O@. !B5@8;87O 548;<8H AF4F 0A5?B8: HO@08B4O ?0:5B;O@O 301;0H4K@K@;0@. 5;O AF4F 16-200!-4O 1 09 A0E;0<03 >;0@. 0AB5@87O 548;<8H AF4F 1-2 A00B A0E;04K340 >=C= F7O@8=4O 309<03 BO1O3OA8 O<O;O MO;8@. C=0 AO1O1 AF44O >;0= 90L :F@O68:;O@8=8= AF4F= F7O@8=O 9KLK;<0AK4K@. C=C= 30@HKAK=K 0;<03 FGF= AF4F I5<>M5=;OH48@8@;O@. C <O3AO4;O AF4F 67-700!-4O 150-200 </A0= AF@OB;O BO7983 0;BK=40 5<0; 5481 AF44O:8 90L :F@O68:;O@8=8 EK@40;09K1 2O >=;0@K AF4F= IO@ BO@OD8=O 1O@01O@ <8340@40 909K@;0@. !F4F= G5H848 >=C= 5<0;K=40= 0AK;K4K@. "860@OBO ?0AB5@87O 548;<8H AF4, 90L;K 2O O@M8= AF4, 7F;0;8 AF4 2O 1O@?0 548;<8H AF4 MOB8@8@;O@. 0AB5@87O 548;<8H AF4 90L;K;KLK 2,5; 3,2; 3,5; 4,0 2O 6,0% >;<03;0 1C@0EK;K@. C AF4;O@ ,  2O 2 28B0<8=;O@8 8;O 28B0<8=;OH48@8;8@. "C@HC;CLC 210"-4O= G>E >;<0<0;K4K@. 0AB5@87O 548;<8H AF4F BO7O A0LK;0= AF44O= 2O 1O@?0 548;<8H AF44O= I07K@;09K@;0@. C AF4 BCBC<C 1,0 ;8B@, 0,5 ;8B@ 2O 0,25 ;8B@ >;0= HFHO;O@O, BCBC<C 0,5 ;8B@ 2O 0,25 ;8B@ >;0= :0LK7, IO<G8=8= 1,0 ;8B@ 2O 0,5 ;8B@ >;0= ?>;8<5@ ?0:5B;O@O 301;0H4K@K;K@. 8B0<8=;8 AF4 BO7O, 9F:AO: :59D899OB;8, BC@HC;CLC 180"-4O= G>E >;<090= AF44O= I07K@;0=K@. 'F=:8 0A:>@18= BC@HCAC AF4F= BC@HC;CLC=C 0@BK@K@.  28B0<8=8=8= <8340@K 100 <;-4O 10 <3-40= 07 >;<0<0;K4K@. !F4F 90L40 IO;; >;0=  2O  28B0<8=;O@8 8;O 7O=M8=;OH48@8@;O@. C 70<0= 28B0<8= ?@5?0@0BK 850!-9O 3O4O@ 3K74K@K;<KH AF44O IO;; 548;8@ 2O A>=@0 F<C<8 AF4F= F7O@8=O O;02O >;C=C@. F;0;;K AF4F= BO@:818=4O 90LK= <8340@K 2,5% 2O 1,0% >;C@. 0LAK7 3C@C 30;KLK= <8340@K 10,5% 2O 11%-48@. "C@HC;CLC 250"-4O= G>E >;<0<0;K4K@. 0LAK7;0H4K@K;<KH AF44O= 90LAK7 AF4 I07K@;0=K@. C=C= BO@:818=4O 90LK= <8340@K 0,1%-O 3O4O@48@. O@?0 548;<8H AF4 I07K@;0<03 FGF= BOE<8=O= 130 :3 3C@C AF4 B>7C, 886 ;8B@ 8AB8;898 45-500! >;0= AC9C= 90@KAK 8;O 18@68=A;8 30@KHK3 0;K=0=04O: 30@KH4K@K;K@, A>=@0 AC9C= 30;0= I8AAOA8 O;02O 548;8@ 2O 30@KH4K@<0 3C@C 30;K3 IO;; >;0=0 3O4O@ 4020< 5B48@8;8@. O@?0 548;<8H AF4 90L;K;KLK=0 MN@O =>@<0;0H4K@K;K@ 2O ?0AB5@87O 548;<8H AF4 :8<8 301;0H4K@K;K1 B860@OBO 25@8;8@. O@?0 548;<8H AF44O= ?OI@87 BC@H AF4 <OIAC;;0@K 40 8AB5IA0; 548;8@. /@M8= AF4 094K= I8AA >;C=0= ?0AB5@87O 404 2O 898=O, 3OI2O98 @O=M8=O MN@O 048 8G<O;8 AF44O= DO@3;O=8@. !F4F 950!-4O 3 A00B 5<0; 5B<O:;O O@M8= AF4 0;K@;0@. 0L;K;KLK 4% 2O 6%-48@. "C@HC;CLC 210"-4O= G>E >;<0<0;K4K@. 6% 90L;K;KLK >;0= O@M8= AF4F= 90LAK7 3C@C 30;KLK 7,8%-4O= 07 >;<0<0;K4K@. !B5@8;87O 548;<8H AF4 2,5% 2O 3,2% 90L;K;K3 >;<03;0 1C@0EK;K@. 8@68=A;8 >;C1 40E8;8=4O 7F;0; I8AAO68:;O@8 >;<0<0;K4K@. O=M8 A0@K<BK; >;C1 0706K3 3OI2O989O G0;K@. "C@HC;CLC 200", AKE;KLK 1,027 3/A<3-4O= 07 >;<0<0;K4K@. C AF4F BCBC<C 0,25; 0,5 2O 1,0 ;8B@ >;0= ?>;85B8;5= :8AO;O@O 301;0H4K@K@;0@. "O<8=0B;K A0E;0=K;<0 <F44OB8 10 MF=4O= 18@ 8;O (:>=A5@20=B;0@ O;02O 5B48:4O) 3O4O@48@. /;02O;8 AF4;O@4O= O= M5=8H 909K;<KHK :0:0>;C 2O 3OI2O;8 AF44F@. O=M8 O;02O 548;O= <OIAC;C= @O=M8=O C9LC= >;<0;K, 0706K3 3OI2O 2O :0:0> GN:F=BFAF >;0 18;O@. 0L;K;KLK 3,2%-4O= 07, BC@HC;CLC 220"-4O= G>E >;<0<0;K4K@. 0:0>;C AF44O 12% HO:O@, 2,5% :0:0> B>7C, 3OI2O;8 AF44O 7% HO:O@, 2% 3OI2O >;<0;K4K@. 0,25 ;8B@ 2O 0,5 ;8B@ BCBC<;C HFHO;O@4O 301;0H4K@K;K@ 2O <FA1OB 80!-4O 36 A00B A0E;0=K;K@. !F4F= :59D899OB MNABO@868;O@8. !F4F= :59D899OB8 10@O4O 4F7MF= @O9 25@<O: FGF= BO40@F: 548;O= 2O AO=0954O 8AB5IA0; >;C=0= AF4;O@8= >@30=>;5?B8:8 2O D878:8-:8<9O28 MNABO@868;O@8=8 18;<O: 2068148@. "O40@F: 548;O= 8=O: AF4F GN:F=BFAF7 2O A5;8:A87, 404K BO<87, BO7O AF4O E0A H8@8=BOIO@ 404;K, :O=0@ 89A87, @O=M8 0L, A0@K90 G0;0@;K >;<0;K4K@. 0AB5@87O >;C=<CH AF44O EOABO;8: BN@O4O= 10:B5@890;0@K= >;<0AK=0 9>; 25@8;<O<O;848@, :>=A8AB5=A890AK 18@68=A;8, :O=0@ 404 2O 898 >;<0<0;K4K@. 0AB5@87O 548;<8H AF4 8AB5IA0;K FGF= BO40@F: 548;<8H 8=O: AF4F=4O=, BC@HC;CLC 190"-4O= G>E >;<090= F7AF7 AF44O=, B>7;0=4K@<0 FAC;C 8;O 3C@C4C;<CH 90L;K 2O 90LAK7 AF44O=, 3C@C 309<0340=, 30BK;0H4K@K;<KH AF44O= 8AB8D04O >;C=C@. 0L;K;KLK 1,5; 2,5; 3,2; 3,5; 4,0 2O 6,0%-;8 >;<03;0 <FEBO;8D G5H844O 8AB5IA0; >;C=C@. "C@HC;CLC 210"-4O=, B5<?5@0BC@C 8>!-4O= G>E >;<0<0;K4K@."O<87;898 1 3@C?0 C9LC= >;<0;K4K@. !F4F= =N3A0=;0@K 95<8= :59D899OBA87;898=4O=, AF4O <8:@>D;>@0=K= 4FH<OA8=4O=, B5E=>;>J8 5<0;K= 4F7MF= 0?0@K;<0<0AK=40=, A0E;0=K;<0 HO@08B8=8= 2O <F44OB8=8= ?>7C;<0AK=40= 2O 48MO@ AO1O1;O@4O= 10H 25@8@. 04K= =N3A0=;0@K=0 BC@H 404, 06K 404, 30EAK<KH 404 2O A. :O=0@ 404;0@ 084 548;8@. !F4 BC@HCAC 10:B5@890;0@K=K= 2O 10LK@A03 GN?;O@8=8= 8=:8H0DK A09OA8=4O AF4 BC@HC<CH 404 :OA1 548@. !F4F C7C= <F44OB 0H0LK B5<?5@0BC@40 A0E;04K340 ;8?070 D5@<5=B8=8= BOA8@8 8;O AF4 30EAK<KH 404 :OA1 548@. !>= ;0:B0A890 MF=;O@8=4O A0LK;0= AF44O 4O 30EAK<KH 404 <FH0I84O >;C=C@. !F44O GF@F4F6F ?5?B>= O<O;O MOB8@O= 10:B5@890;0@K= BOA8@8=4O= 2O 95<4O 9>2H0= >BC >;4C340 06K 404 <FH0I84O 548;8@. %>H0 MO;<O9O= A?5A8D8: 404 I5920=K= 95<8=4O M868B:O=, A0@K<A03, A>L0=, BC@?, GN; E0@40;K=K= >;<0AK=40= 8@O;8 MO;8@. !F4F= 4C7;C 404K 95;8=8= 1O78 EOABO;8:;O@8=4O= 8@O;8 MO;8@. !F44O <5B0; 404K >=C= BO@:818=4O:8 AF4 BC@HCAC=C= <5B0; B0@0;0@;0 30@HK;K3;K BOA8@8=4O= O<O;O MO;8@. !F4F= @O=M8=4O <FH0I84O >;C=0= 3FAC@;0@ ?83<5=B O<O;O MOB8@O= 10:B5@890;0@K= BOA8@8=4O= 3K@<K7K<BK;, MN9 2O A0@K<BK; @O=M8= <FH0I84O 548;<OA848@. O7O= A0@K<BK; @O=M8= O<O;O MO;<OA8=O A0LK;<0 70<0=K EOABO I5920=K= 30=K=K= AF4O 30@KH<0AK AO1O1 >;C@. !F4F= 898=4O <FH0I84O >;C=0= 3FAC@;0@ OA0AO= 95<4O= :5GO= 89;O@ 2O <0;-30@0=K= 0=B8A0=8B0@ HO@08B4O A0E;0=K;<0AK AO1O1 >;C@. 98= 3FAC@;0@K=0 ?O9O 898, 3>EC<CH 89, ?5=48@ 2O A0@K<A03 89;O@8 08448@. !F4F= :>=A8AB5=A890AK=40 <FH0I84O >;C=0= 3FAC@;0@0 1O78 <8:@>>@30=87<;O@8= DO0;899OB8 AO1O1 >;C@. !F4 BC@HCAC 10:B5@890;0@K=K= 8HB8@0:K 8;O AF4 30BK :>=A8AB5=A890, A;87 O<O;O MOB8@O= 10:B5@890;0@K= 8HB8@0:K 8;O A5;8:20@8 40@BK;0= :>=A8AB5=A890 :OA1 548@. 0LK@A03 GN?;O@8 10:B5@890;0@K=K= BOA8@8 8;O AF4F= AOBI8=4O :N?F: O<O;O MO;8@. /MO@ AF4O 3C@A03 <090AK 4FHO@AO BC@HC;C3 0H0LK >;4C340 15;O AF4F 3K74K@0@:O= GF@F9F@. 0;025@<O4O= A>=@0 7 MF= O@78=4O A0LK;0= AF4 0LK7AF4F 04;0=K@. 5;O AF4 ?0AB5@87O 548;48:4O GF@F9F@. <0; FGF= 8AB8D04O >;C=<C@. !F4F= A0E;0=K;<0AK 2O 1C 70<0= 10H 25@O= ?@>A5A;O@ !F4 B57 E0@01 >;0= <OIAC;4C@. =0 MN@O 4O AF4F= A0E;0=K;<0AK=40 18@ G>E HO@B;O@O @809OB >;C=<0;K4K@. !F4 30@0=;K3 95@4O, 0H0LK B5<?5@0BC@40 2O BO<87 95@4O A0E;0=K;<0;K4K@. -F=OH HF0;0@K=K= BOA8@8=4O= 8;: =N21O4O AF4F= 90LK >:A84;OH8@. OB86O4O AF44O 90L;0@K= >:A84;OH<OA8 <OIAC;;0@K=40= 0;45I84;O@, :5B>=;0@ O<O;O MO;8@ :8, 1C=;0@ 40 AF4O :OA:8= 89 25@8@. !F44O ?89 404K=K= O<O;O MO;<OA8=O >;58= BC@HCAC=C= >:A84;OH<OA8 AO1O1 >;C@. HKLK= BOA8@8=4O= AF4 7F;0;K 40 >:A84;OHO 18;O@. 5B8>=8= 0<8=BC@HCAC=C= >:A84;OH<OA8 =OB86OA8=4O <5B8>=0; O<O;O MO;8@. C 8AO AF4O H8@8=BOIO@ 404 2O 90EC4 MF=OH 404K 25@8@. HKLK= BOA8@8=4O= 2, ,  28B0<8=;O@8 2O :0@>B8= ?0@G0;0=K@, =OB86O4O AF4F= 18>;>J8 4O9O@;8;898 0H0LK 4FHF@. 2 28B0<8=8 ?0@G0;0=4K340 AF4 7O@401K=0 <OEACA >;0= 90HK;K<BK; @O=M 8B8@. !F4 0H0LK <FA1OB B5<?5@0BC@40 A0E;0=K;<0;K4K@. 5;O HO@08B4O <57>D8; 10:B5@890;0@ (AF4 BC@HCAC AB@5?:>:;0@K, 10LK@A03 GN?;O@8) 8=:8H0D 54O 18;<8@. 0:8= 100!-4O= 18@ 3O4O@ 9F:AO: B5<?5@0BC@40 <8:@>>@30=87<;O@8= IF659@O;O@8 1N;F=F@ 2O AF4F BC@HC40= D5@<5=B;O@ DO0;;0HK@. !F4F= E0@01 >;<0AK=40 ?A8E@>D8; (0H0LK B5<?5@0BC@40 DO0;899OB MNABO@O=) 10:B5@890;0@K= 40 @>;C G>E4C@. C 10:B5@890;0@ G89 2O ?0AB5@87O 548;<8H AF4F= A>9C3 HO@08B4O 15;O A0E;0=K;<0AK=40 DO0;4K@;0@. 'F=:8 0H0LK B5<?5@0BC@40 AF4 BC@HCAC 10:B5@890;0@K AF4 BC@HCAC 8D@07 5B<O4898=4O= ?A8E@>D8; 10:B5@890;0@ N7 DO0;899OB;O@8=8 4020< 5B48@8@;O@. A8E@>D8; 10:B5@890;0@ 7F;0;;0@K ?0@G0;09K@ 2O O<O;O MO;O= ?5?B>=;0@ AF4O 06K 404 25@8@. 9=8 70<0=40 90L;0@K= ?0@G0;0=<0AK =OB86OA8=4O O<O;O MO;O= AO@1OAB 90L BC@HC;0@K AF4O 30EAK<KH 404 25@8@. 0AB5@87O 548;<8H AF4O 8:8=68 4ODO <8:@>>@30=87<;O@ G8@:;8 AF4 1>@C;0@K=40=, B0@0 2O 8=25=B0@;0@40= 4FHF@. 0AB5@87O 548;<8H AF4F= 1 <;-4O 200000-O 3O4O@ 10:B5@890 >;0 18;8@. C 8AO ?0AB5@87O 548;<8H AF4F= A0E;0=K;<0 <F44OB8=8 3KA0;4K@. 0AB5@87O 548;<8H AF4F 00!-4O= 180!-9O 3O4O@ B5<?5@0BC@40 36 A00B A0E;0<03 >;0@. 5;O HO@08B4O AF4F= BC@HC;CLC 210"-4O= 9F:AO: >;<0<0;K4K@. !B5@8;87O 548;<8H AF4F 0-100!-4O 6 090 3O4O@, B5B@0-1@8:-0A5?B8: 301;0H4K@<040 8AO 4 090 3O4O@ A0E;0<03 >;0@. >=A5@20=B;0@ O;02O 548;81 AB5@8;87O >;C=<CH AF4F 1 8;O 3O4O@ 00!-4O A0E;0<03 >;0@. !F4F= 4>=<0 B5<?5@0BC@C -0,60!-48@. 7.3.  / % 09<03 I07K@;0<03 FGF= AF4F A5?5@0B>@40= :5G8@8@ 2O 09@K;<KH 309<0LK 5<0; 548@;O@. /I0;8=8= BO;O18=8 N4O<O: FGF= 90L;K;KLK 8%, 10%, 20 2O 35% >;0= ?0AB5@87O >;C=<CH 309<03 8AB5IA0; 548;8@. 5;O 309<0LK= @O=M8 0L, 0760 A0@K<BK;, 404K H8@8=BOIO@, :>=A8AB5=A890AK 18@68=A;8, 0760 30BK >;C@. 0L;K;KLK=40= 0AK;K >;0@03 BC@HC;CLC 0H0LK40:K :8<848@: 90L;K;KLK 8% 2O 10%-;8 309<0340 190", 20%-4O 180", 35%-4O 160"-48@. 0L;K;KLK 8% 2O 10% >;0= 309<0LK 78-800!-4O, 20-35%-;8 309<0LK 8AO 85-870!-4O 15-30 A0=89O ?0AB5@87O 548@;O@. "860@OBO O= G>E 10%-;8 309<03 25@8;8@. 35%-;8 309<03 E0<0 2O :O@O 90LK 8AB5IA0;K FGF= 8AB8D04O 548;8@. 0AB5@87O 548;<8H 309<03 <FA1OB 4-60!-9O 3O4O@ A>9C4C;C1 0,25 2O 0,5 ;8B@ BCBC<;C ?0:5B;O@4O A0BKH0 25@8;8@. 80!-4O= 9F:AO: >;<090= B5<?5@0BC@40 A0E;0=K;<0;K4K@. 09<03 H8@8= 2O O;02O;8 (3OI2O 2O :0:0> O;02O;8) 1C@0EK;0 18;O@. !B5@8;870A890 548;<8H 309<0LK= 8AB5IA0;K FGF= 90L;K;KLK 10%-4O= 0H0LK, BC@HC;CLC 190"-4O= G>E >;<090= BO188 309<0340= 8AB8D04O 548;8@. C@040 AB5@8;870A890 AF44O >;4CLC :8<8 0?0@K;K@. 5;O 309<03 8AB8;89O 4020<;K, IO6<8 0,25 2O 1,0 ;8B@ >;0= HFHO;O@O 4>;4C@C;C@. 200!-4O= 9F:AO: >;<090= B5<?5@0BC@40 A0E;0=<0 <F44OB8 1 094K@. 5;O 309<0LK= 404K BO<87 ?0AB5@87O B0<;K, :>=A8AB5=A890AK 18@68=A;8, @O=M8 0L, 3OI2O98 G0;0@;K >;<0;K4K@. %0<0 AF4 BC@HCAC=0 3K63K@40= AB@5?B>:>::;0@, 309<03 10:B5@890;0@K 2O OB8@ O<O;O MOB8@868 10:B5@890;0@K= BO<87 :C;BC@0;0@K=K= 30@KHKLK=40= I07K@;0=0= <090 8;O <090;0=K1 95B8H48@8;<O:;O I07K@;0=K@. %0<0=K= 90L;K;KLK 10%-4O= 40%-O 3O4O@ >;C@. %0<0=K= 8AB5IA0;K FGF= 90L;K;KLK =>@<0;0H4K@K;<KH 309<03 92-950!-4O ?0AB5@87O 548;8@, 60-700!-4O I5<>M5=;OH48@8;8@ 2O 18-220!-9O 3O4O@ A>9C4C;C1 F7O@8=O 1-5% <8340@K=40 O22O;6O4O= I07K@;0=<KH <090 O;02O 548;8@. 090 2C@C;<CH 309<03 8;: 3 A00B O@78=4O IO@ A00B40= 18@ 30@KH4K@K;K@ 2O 15-20 A00B BC@HC4C;C@. %0<0=K= BC@HC;CLC 65-750" >;4C340 2-40!-9O 3O4O@ A>9C4C;C@ 2O B0< 95B8HO=O 3O4O@ A0E;0=K;K@. 5B8H<8H E0<0=K 2-60!-4O 70-75% =8A18 @FBC1OB4O 12-18 A00B A0E;0<03 <F<:F=4F@. 5B8H<O 4N2@F=4O E0<0=K= 90LK 1O@:898@ 2O :@8AB0;;0HK@, 7F;0;;0@ H8H8@ 2O E0<0=K= N7F=O<OEACA 30BK;KLK 90@0=K@. %0<0 :8G8: HFHO 301;0@40 (:FB;OA8 100 2O 250 3@), ?>;8AB@>; ABO:0=;0@40 1C@0EK;K@. GK3 A0BKH FGF= <5IBO@O 2O GO;;O:;O@O 4O 301;0H4K@K;K@. %0<0=K= 0H0LK40:K G5H848 8AB5IA0; 548;8@. OI@87 E0<0AK CH03 3840AK FGF= I07K@;0=K@. "O@:818=4O 10% 90L, BC@HC;CLC 75-950"-48@. O=4;8 E0<0AK I07K@;04K340 309<0L0 0,6% =0B@8C<-:0758=0B O;02O 548;8@. 0L;K;KLK 14% 2O 18%-48@. HE0=0 E0<0AK 90L;K;KLK 20%, 2 E0<0AK 90L;K;KLK 23% 2O 25%, BC@HC;CLC 65-1100"-48@. 30%-;8 90L;K E0<0=K= BC@HC;CLC 65-900", 36%-;8 9F:AO: 90L;K E0<0=K= BC@HC;CLC 60-900"-48@. )O2OA:0@ E0<0AK=K= BO@:818=4O 40% 90L >;4CLC=40= :>=A8AB5=A890AK G>E AKE4K@, BC@HC;CLC 55-850"-48@. 0E8;8=O ?5@30<5=B AO@8;<8H :0@B>= :0@>1:0;0@0 100 3@ :FB;O4O 301;0H4K@K;K@. "O@:818=4O 30% 90LK >;0= E0<0 O;0 2O 1-68 O<BOO A>@BC=0 09@K;K@. 0L07040 E0<0=K 4-80!-4O 72 A00B, A>9C4C6C >;<090= <0L070;0@40 8AO 24A00B A0E;0<03 >;0@ 09<03 2O E0<0=K= :59D899OB MNABO@868;O@8. %0<0 >@30=>;5?B8:8 389<OB;O=48@8;48:4O 301;0H<0AK, E0@868 MN@F=FHF, @O=M8, :>=A8AB5=A890AK, 404 2O 898 <FO99O= 548;8@. $878:8-:8<9O28 MNABO@868;O@8=8 <FO99O= 5B48:4O OA0AO= 90LK= :FB;O ?09K, BC@HC;CLC, ;07K< MO;48:4O (E0<0 4C@C :>=A8AB5=A890;K >;4C340) 3C@C <044OA8 BO98= 548;8@. %0<0=K= E0@868 MN@F=FHF 389<OB;O=48@8;48:4O B0@0=K= 2O7899OB8 2O <0@:0;0=<0AK, ?;><1;0=<0AK 2O A. 9>E;0=K;K@. %0<0 BN:F;<FH <5IBO@O=8= 30?0LK :8? 10L;0=<0;K4K@. 578= 2O 90 ?5@30<5=B 0@030BK >;<0;K4K@. 5IBO@O=8= 0L7K 0GK;4K340= A>=@0 >=C= F7F I0<0@ 2O :8DA87 >;<0;K4K@. /MO@ E0<0 3K63K@<KHA0, :8D;O=<8HAO A0BKH0 3O1C; 548;<8@. %0<0=K= 8AB8;898 10-20 A< 4O@8=;8:4O N;GF;<O;848@, A>=@0 E0;8A GO:8A8 9>E;0=<0;K4K@. !B0=40@BK= BO;O18=O MN@O E0<0=K= E0@868 MN@F=FHF 2O :>=A8AB5=A890AK 18@68=A;8, ;07K<8 30BK;K340 >;<0;K4K@. O78 I0;;0@40 6F78 <8340@40 EK@40 4O=O;O@ >;0 18;O@. 04 2O 898 BO<87, AF4 BC@HC;C, ?0AB5@87O >;C=<CH <OIAC;;0@K= E0AAOA8=O C9LC= >;0= 404 2O 898 >;<0;K4K@. O7O= 7O8D 95< 404K >;<0AK=0 8607O 25@8;8@. %0<0=K= @O=M8 1FBF= :FB;O 1>9C 0L, A0@K<BK; >;<0;K4K@. %0<040 1O7O= 7O@401K= 09@K;<0AK 10H 25@8@. %0<0 301;0H<KH 10=:0=K= 0;B I8AAOA8=O 7O@401 B>?;0=K@. C=0 AO1O1 E0<0=K= 301;0H4K@K;<0AK=40 =0A>A40= 8AB8D04O >;C=<0AK 2O E0<0 A0E;0=K;0= :0<5@0=K= B5<?5@0BC@C=C= 9F:AO: >;<0AK4K@. 09<0340 094K= I8AA 548;O= :O=0@ 404 (06K;0H<0, :5D8@ 404K) >;4C340 A0BKH0 3O1C; 548;<8@. 0L;K;KLK 10%, 20% 2O 35% >;<03;0 8AB5IA0; >;C=C@. 7O@10960=40 60<KH AF4F=4O= <8;;8 -O=6O 309<0LK 8AB5IA0; >;C=C@. -O=6O 309<0LK=K= 404K BO<87, H8@8=BOIO@, 60<KH AF4F=O E0A ?89BOIO@ N7F=O<OEACA A?5A8D8: >;C@. >=A8AB5=A890AK 7O@8D, 9C<H03, 30B-30B;K :8<8, AF4F 0706K3 09@K;<KH >;C@. O=M8 0L, FAB 30BK 0760 A0@K<BK; >;C@. 0L;K;KLK :FB;O9O MN@O 53%, BC@HC;CLC 16>", A0BKH0 1C@0EK;4KLK B5<?5@0BC@C 6>! >;<0;K4K@. 7.4. "# (###( !& /)!# + (, "+) AB5IA0; >;C=0= AF4 <OIAC;;0@K=K= 40%-O 3O4O@8 BC@HC4C;<CH AF4 <OIAC;;0@K=40= 810@OB48@. OI@87 BC@HC4C;<CH AF4 <OIAC;;0@K=0 :5D8@, 30BK3, 0A84>D8;8=, 20@5=5A, @90J5=:0, 9>LC@B, 3K<K7, 09@0= 2O A. 08448@. &7;F 2O F7AF7 AF44O=, 309<0340= 2O HO:O@A87 30BK;0H4K@K;<KH AF44O= I07K@;0=0= 1C <OIAC;;0@K= I0<KAK AF4 BC@HCAC=0 3K63K@40= 10:B5@80; <090 O;02O 548;<O:;O 8AB5IA0; 548;8@. "C@HC4C;<CH AF4 <OIAC;;0@K 8AB5IA0;K=40 8=O:, 60<KH, 3>9C=, 0B 2O 48MO@ I5920=;0@K= AF4F=4O= 8AB8D04O 548;8@. O7O= HO:O@, <592O H8@O;O@8, <FEBO;8D <592O 2O <F@O11O;O@ O;02O 5B<O:;O 4O <OIAC;;0@ I07K@;0=K@. "C@HC4C;<CH AF4 <OIAC;;0@K N7F=O<OEACA 404 2O OB@O, 9F:AO: 3840;K;KL0 <0;8:48@. =;0@K= ?OI@878 2O <F0;86O28 E0AAOA8 8=A0=;0@0 3O48<4O= <O;C<4C@. )07K@40 BC@HC4C;<CH AF4 <OIAC;;0@K=K= >@30=87<O E598@8 2O C7C=N<F@;F9O AO1O1 >;<0AK 5;<8 6OIOB4O= AF1CB 548;<8H48@. "C@HC4C;<CH AF4 <OIAC;;0@K 3O1C; 54O= 8=A0=;0@K= <O4O-10LK@A0LK=40 AF4 BC@HCAC=0 3K63K@40= 10:B5@890;0@ 8=:8H0D 548@, >@040 AF4 BC@HCAC O<O;O MOB8@8@ 2O 15;O 18@ <FI8B4O <8:@>>@30=87<;O@ 8=:8H0D 54O 18;<8@. OI@878 BC@HC4C;<CH AF4 <OIAC;;0@K <090;0=<0 EFACA899OB8=O 2O 3K63K@4K;<040= 0;K=0= A>= <OIAC;;0@0 MN@O 2 3@C?0 1N;F=F@. 8@8=68;O@ 90;=K7 AF4 BC@HCAC=0 3K63K@<0 M54O= <OIAC;;0@4K@. C 3@C?0 <FEBO;8D 30BK3;0@, 0A84>D8;8=;O@, 9>LC@B 2O A. 08448@. :8=68;O@ 30@KHK3 3K63K@<0=K=  AF4 BC@HCAC=0 2O A?8@BO 3K63K@<0=K= =OB86OA8=4O 0;K=0= BC@HC4C;<CH AF4 <OIAC;;0@K4K@. C=;0@0 :5D8@, 3K<K7 2O 48MO@ <OIAC;;0@ 08448@. "C@HC4C;<CH AF4 <OIAC;;0@K 8AB5IA0;K=K= <0I899OB8 >=40= 810@OB48@ :8, ;0:B070 D5@<5=B8 8;: <O@IO;O4O AF4 HO:O@8 ;0:B>70=K 3;F:>70 2O 30;0:B>7090 ?0@G0;09K@. !>=@0 AF4 BC@HCAC 10:B5@890;0@K=K= BOA8@8=4O= 3;F:>70 2O 30;0:B>70 AF4 BC@HCAC=0 G52@8;8@. C 70<0= 10H30 CGC6C BC@HC;0@ 2O :0@1>= 307K O<O;O MO;8@. !F44O >;0= ;0:B>70=K= 25%-8 ?0@G0;0=K@. 5@4O 30;0= AF4 HO:O@8 3840;0=<040 10LK@A03;0@40 >;0= AF4 BC@HC;C 10:B5@890;0@K= IO90B DO0;899OB8=4O 8AB8D04O 548;8@. 0@KHK3 3K63K@<040 ;0:B>70=K= I84@>;878=4O= 0;K=0= 3;F:>70 2O 30;0:B>70=K= 18@ I8AAOA8 AF4 BC@HCAC, 48MO@ I8AAOA8 8AO A8@:O 0;45I848 2O :0@1>= 307K O<O;O MOB8@8@. !>=@040= A8@:O 0;45I848 5B8; A?8@B8=O G52@8;8@. /<O;O MO;O= AF4 BC@HCAC AF4F= 7F;0;;0@K=0 BOA8@ 548@ 2O >=;0@40= :0;A8C<C 09K@K@. /<O;O MO;<8H AO@1OAB :0758= BC@HCAC 4O;O<O O<O;O MOB8@8@. 0H 25@O= 18>:8<9O28 ?@>A5A;O@ =OB86OA8=4O 95=8 389<OB;8 E0AAO;O@O <0;8: BC@HC4C;<CH AF4 <OIAC;;0@K O;4O 548;8@. 48 AF4O =8A1OBO= BC@HC4C;<CH AF4 <OIAC;;0@K 0A0= 2O B57 <O=8<AO=8;8@. /<O;O MO;O= AF4 BC@HCAC, A?8@B 2O :0@1>= 307K <O4O-10LK@A0LK= H8@O 2O D5@<5=B 8D@07K=K 0@BK@K@, 1C 40 3840=K= IO7<8=8 2O <O=8<AO=8;<OA8=8 AF@OB;O=48@8@. "C@HC4C;<CH AF4 <OIAC;;0@K 8AB5IA0;K=K= F<C<8 B5E=>;>J8 AE5<8 0H0LK40:K 0@4K6K;;K3;0 M548@: - AF4F= 3O1C;C (BC@HC;CLC 190"-4O= G>E, AKE;KLK 1,028 3/A<3-4O= 07 >;<090= AF4 3O1C; 548;8@); - AF4F= 90L;K;KLK=K= (6%, 3,2%, 2,5 2O 1%) =>@<0;0H4K@K;<0AK; - AF4F= ?0AB5@87O 548;<OA8 (85-870!-4O 5-10 4O3 2O 90 90-920!-4O 2-3 4O3); - AF4F= I5<>M5=;OH48@8;<OA8; - AF4F= <090;0=<0 B5<?5@0BC@C=0 :8<8 A>9C4C;<0AK (:5D8@ FGF= 20-220!, 30;0= <OIAC;;0@ FGF= 35-400!); - AF4F= <090;0=<0AK (AF4F= :FB;OA8=8= 1-5%-8 3O4O@ 10:B5@80; <090 O;02O 548;8@); -4O;O<O;O=<O ?@>A5A8 (<FEBO;8D B5<?5@0BC@ 2O <F44OB4O); -A>9CB<0 (2-80!-9O 3O4O@); -95B8H48@<O (12 A00B40= 3 MF=O 3O4O@) 2O A0E;0=K;<0. "C@HC4C;<CH AF4 <OIAC;;0@K 8AB5IA0;K=K= 9CE0@K40 3594 >;C=0= B5E=>;>J8 O<O;8990B;0@K=0 4F7MF= O<O; 5B48:4O 9F:AO: :59D899OB;8 <OIAC; 0;K=K@. 0BK3 0D30740 G>E 3O48< 70<0=;0@40= I07K@;0=0= BC@HC4C;<CH AF4 <OIAC;C4C@. 0:B5@80; <09040= 2O B5E=>;>J8 ?@>A5A;O@4O= 0AK;K >;0@03 30BKLK= 48, 5G=8:>2, O=C1, A84>D8;, 90J5=:0, 0@5=5A 2O A G5H848 8AB5IA0; 548;8@. 7O@10960=40 OA0AO= 3>9C=, 8=O: 2O 60<KH AF4F=4O= 30BK3 I07K@;0=K@. 48 30BK3 8AB5IA0;K=40 AF4 BC@HCAC=0 3K63K@40= <57>D8; AB@5?B>:>:: 10:B5@890;0@40= I07K@;0=<KH <09040= 8AB8D04O >;C=C@. 090;0=<0 36-380!-4O 6 A00B04O: 10H0 G0BK@. 48 30BKLK= 90L;K;KLK 3,2%, BC@HC;CLC 110-1200"-48@. 5G=8:>2 30BKLK=K= 8AB5IA0;K=40 B5@<>D8; AF4 BC@HCAC=0 3K63K@40= 10:B5@890;0@40= O;02O 1>;30@ GN?;O@8=4O= 4O 8AB8D04O >;C=C@. 090;0=<0 40-450!-4O 3-4 A00B0 10H0 G0BK@. 0L;K;KLK 3,2% 2O 6%, BC@HC;CLC 130-1400"-48@. A84>D8;;8 30BK3 8AB5IA0;K=40 AF4 85-900!-4O ?0AB5@87O 548;8@, 40-450!-9O 3O4O@ A>9C4C;C@, F7O@8=O 0A84>D8; 2O 1>;30@ GN?;O@8=4O= I07K@;0=<KH <09040=, AF4F= :FB;OA8=8= 5%-8 3O4O@ O;02O 548;8@. 42-450!-4O 4-5 A00B B5@<>AB0B40 A0E;0=K;K@. FA1OB 5-80!-9O 3O4O@ A>9C4C;C@. 0L;K;KLK 3,2%, BC@HC;CLC 100-1400"-48@. 90J5=:0 30BKLK=K= 8AB5IA0;K=40 B5@<>D8; AF4 BC@HCAC=0 3K63K@40= AB@5?B>:>::;0@40= 8AB8D04O 548;8@. 090;0=<0 450!-4O 2,5-3 A00B0 10H0 G0BK@. O=M8 0GK3 3OI2O9848@. =40= 3% 7O@401 09@K;<0AK =>@<0;4K@. 0L;K;KLK 4% 2O 6%, BC@HC;CLC 110-1200"-48@. O=C1 30BKLK=K= 8AB5IA0;K=40 AF4 BC@HCAC=0 3K63K@40= AB@5?B>:>::;0@40= 2O 1>;30@ GN?;O@8=4O= 4:1 =8A1OB8=4O 8AB8D04O 548;8@. K63K@4K;<0 370!-4O 4-5 A00B 4020< 548@. C=C= 404K AF4 BC@HC;C, :>=A8AB5=A890AK 18@68=A;8, E0<0901O=7O@ >;<03;0 @O=M8 0L4K@. 0L;K;KLK 3,2%, BC@HC;CLC 90-1200"-48@. >LC@B BO@:818=4O 90L 2O 90LAK7 3C@C <044O G>E >;4CLC=40= 9F:AO: 3840;K;K3 4O9O@8=O <0;8:48@. >LC@B 8AB5IA0;K=40 B5@<>D8; AF4 BC@HCAC=0 3K63K@40= AB@5?B>:>::;0@40= 2O 1>;30@ GN?;O@8=4O= 810@OB 10:B5@80; <09040= 8AB8D04O 548;8@. 090;0=<0 40-450!-4O 3,5-5 A00B0 10H0 G0BK@. (8@8= 2O <592O H8@O;8 9>LC@B 8AB5IA0; 548;8@. 0L;K;KLK 6%, 90LAK7 3C@C <044O 16-21%-48@. "C@HC;CLC 90-1300"-48@. A84>D8;;8 AF4 8AB5IA0;K=40 0A84>D8; 10:B5@890;0@K=40= I07K@;0=<KH <09040= 8AB8D04O >;C=C@. F0;86O28 E0AAO9O <0;8:48@. 0AB5@87O 548;<8H AF4 40-420!-9O 3O4O@ A>9C4C;C@, F7O@8=O 5% <090 O;02O 548;8@, 4-5 A00B B5@<>AB0B40 A0E;0=K;K@. "C@HC;CLC 110-1200"-48@. A84>D8;8= I07K@;0<03 FGF= 0A84>D8; 10:B5@890;0@K, :5D8@ <090AK 2O AF4 BC@HCAC=0 3K63K@40= AB@5?B>:>::;0@K= 30@KHK3 <090AK=40= 8AB8D04O 548;8@. K63K@4K;<0 30-350!-4O 6-8 A00B 4020< 548@. A84>D8;;8-<090;K AF4F 0A84>D8; GN?;O@8=8= BO<87 :C;BC@C=40= 2O 2O@O< GN?;O@8=8 8=:8H0D40= A0E;090= EFACA8 A5G8;<8H AF4 BC@HCAC=0 3K63K@40= <090;0@40= 8AB8D04O 548;<O:;O I07K@;09K@;0@. C <090=K= BO@:818=4O ;07K<8 <8340@40 =878= >;4CLC=40= 9F:AO: 0=B818>B8: DO0;;KL0 <0;8:48@. K63K@4K;<0 30-320!-4O 4-6 A00B 4020< 548@. 10-170!-9O 3O4O@ A>9C4C;C@ 2O AF4 BC@HCAC <090;0@K=K= 8=:8H0DK FGF= IO<8= B5<?5@0BC@40 6 A00B A0E;0=K;K@. F0;86O28 OIO<899OB8 20@4K@. 5D8@ 30@KHK3 A?8@BO 2O AF4 BC@HCAC=0 3K63K@4K;<KH ?OI@87 AF4 <OIAC;C4C@. C=C= <090AK=K= BO@:818=4O :5D8@ MN1O;O:;O@8, AF4 BC@HCAC=0 3K63K@40= AB@5?B>:>::;0@ 2O AF4 <090;0@K 20@4K@. !F4 ?0AB5@87O 548;8@, A>9C4C;C@, F7O@8=O 5%-O 3O4O@ 10:B5@80; 8HG8 <090 O;02O 548;8@. 18-240!-4O 8-16 A00B A0E;0=K;K@. "C@HC;CLC 1C 4N2@4O 75-800"-9O 3O4O@ 0@BK@. OIAC; 8-110!-9O 3O4O@ A>9C4C;C@ 2O <090;0@K= 8=:8H0DK FGF= 12-36 A00B A0E;0=K;K1 95B8H48@8;8@. 5D8@ 2,5%, 3,2% 2O 6% 90L;K 2O 90LAK7 I07K@;0=K@. "O@:818=4O 0,2-0,6% 5B8; A?8@B8 >;C@. C=40= 10H30 "0;;8== :5D8@8, <592O;8 :5D8@, EFACA8 :5D8@ I07K@;0=K@. "0;;8== :5D8@8=8= 90L;K;KLK 1%, 3C@C <044OA8 11%, BC@HC;CLC 100-1300"-48@. C :5D8@ HO:O@ EOABO;898, F@O98 2O 1N9@O98 EOABO >;0=;0@ FGF= E598@;848@. %FACA8 :5D8@8= 8AB5IA0;K=40 AF4-7F;0; :>=A5=B@0B;0@K=40= 8AB8D04O 548;8@. 1000 :3 <OIAC; FGF= 314,5 :3 3,2% >;0= AF4, 628,8 :3 90LAK7 AF4, 6,7 :3 =0B@8C<-:0758=0B 2O 50 :3 10:B5@80; <090 MNBF@F;F@. "O@:818=4O 1% 90L, 9,5% 3C@C <044O, BC@HC;CLC 90-1300"-48@. >=A8AB5=A890AK 18@68=A;8, AO@8=;OH48@868 E0AAO;8, BO<87 AF4 BC@HCAC 404K >;<03;0 0706K3 BF=44F@. K<K7 - OA0AO= 0B AF4F=4O= I07K@;0=K@. B AF4F=4O 1,3-2% 90L, 2% 7F;0;, 6,5% AF4 HO:O@8 2O 28B0<8=;O@ 20@4K@. B AF4F=4O :0758= 2O 0;1C<8= 7F;0;K 1O@01O@ <8340@40 >;4CLC=40= <090;0=<KH AF4 4O;O<O O<O;O MOB8@<8@ 2O EK@40 ;>?0;0@ HO:;8=4O GN:F@. 0AB5@87O 548;81 15-200!-9O 3O4O@ A>9C4C;<CH AF4F= F7O@8=O, 18@ MF= O22O; I07K@;0=<KH 3K<K740= AF4F= 5-8%-8 3O4O@ O;02O 5481 3-5 A00B A0E;0=K;K@. K<K7 <090;0@K 3K63K@<0 4N2@F=4O BO188 =878= 0=B818>B8:8 A8=B57 548@. "O@:818=4O 0,5%-4O= 2,5%-O 3O4O@ A?8@B >;C@. "C@HC;CLC 70-1200"-48@. 5B8H<O <F44OB8=O MN@O 18@MF=;F: (BC@HC;CLC 70-800", A?8@B 1%-O 3O4O@), 8:8MF=;F: (BC@HC;CLC 81-1050", A?8@B 1,75%-O 3O4O@) 2O FGMF=;F: (BC@HC;CLC 106-1200", A?8@B 2,5%-O 3O4O@) 3K<K7 >;C@. C@C :>=A8AB5=A890;K, E0@0:B5@8: BC@H AF4 2O <090 MN1O;O98 404K 25@O=, 18@68=A;8, E>H0MO;O=, :0@1>= 307;K 2O :N?F:;O=O= 8G:848@. K<K7 IO<G8=8= <F0;86O 20A8BOA848@. K<K7;0 <F0;86O 0?0@0= A0=0B>@890;0@ <N26C44C@. 840=K= IO7<8=8 AB8<C;;0H4K@K@, >@30=87<4O <044O;O@ <F1048;OA8=8 90EHK;0H4K@K@, 2O@O< GN?;O@8=8= 8=:8H0DK=K 4090=4K@K@. 9@0= 3O48<4O= 8AB8D04O >;C=0= BC@HC4C;<CH AF4 <OIAC;C4C@. 2 HO@08B8=4O BC@H 309<0340= 2O 90L;K 30BK340= :O@O 90LK I07K@;04K340 (=5I@O;O@4O) 09@0= 40 O;4O 548;8@. )O<8= 09@0=40= AF7<O 2O H>@ I07K@;0=K@ 2O <FEBO;8D <8;;8 EN@O:;O@8= (4>2L0, :O@O:>>H, 4>L@0<06 2O A.) I07K@;0=<0AK=40 2O AO@8=;OH48@868 8G:8 :8<8 8AB8D04O 548;8@. !O=095 FAC;C 8;O 09@0= I07K@;04K340 AF4 85>!-9O 3O4O@ 3K74K@K;K@, 35-45>!-9O 3O4O@ A>9C4C;C@, <090;0=K1 BC@HC;CLC 75-108>" >;0=0 3O4O@ BC@HC4C;C@, F7O@8=O @5A5?B4O MNABO@8;O= <8340@40 =0@K= 4C7 O;02O 548;81 30@KHK4K@K;K@. !>=@0 ?0AB5@87O 548;81, 309=04K;K1 A>9C4C;<CH AC 8;O 4C@C;0H4K@K;K@, A0E;0=K;<0 70<0=K GN:F=BF 25@<OA8= 459O I5<>M5=;OH48@8;8@. 9@0= 0,125; 0,25; 0,5 2O 1,0 ;8B@ :FB;O4O HFHO 1CBC;:040 2O 90 ?0:5B;O@4O 301;0H4K@K;K@. "O@:818=4O 1,4% 90L, 1,6-1,8% EN@O: 4C7C >;C@. !O@8= 09@0= F@O: 90=LKAK=K B57 90BK@K@. "C@H AF4 <OIAC;;0@K=K= :59D899OB MNABO@868;O@8. "C@H AF4 <OIAC;;0@K=K >@30=>;5?B8:8 389<OB;O=48@48:4O <OIAC; 301;0H<KH B0@0=K= E0@868 MN@F=FHF=O, <OIAC;C= @O=M8=O, :>=A8AB5=A890AK=0, 898=O 2O 404K=0 =O70@OB 548;8@. "C@H AF4 <OIAC;C 301;0H<KH HFHO 10=:0;0@K= 0L7K 0;F<8=8C< 7O@2O@O3;O :8? 10L;0=<0;K, 30?0LK= F7O@8=4O 094K= MN@F=O= <0@:0;0=<0 >;<0;K4K@. OIAC; 3K63K@<0<0;K4K@, I020 3010@6K3;0@K MN@F=<O<O;848@. 0:5B;O@O BN:F;<FHAO, >=;0@ 0EKB<0<0;K4K@. &7O@8=4O 10H30 MNABO@868;O@8 8;O 90=0HK 8AB5IA0; B0@8E8 >;<0;K4K@. FBF= =N2 30BK3;0@K= :>=A8AB5=A890AK 1O@:, =>@<0; 30BK;K340, 4O;O<O=8= :OA898 ?0@;03 >;<0;K4K@. O@401K= 09@K;<0AK E>H0 MO;O= I0; 4598;. /MO@ <OIAC;C= F7O@8=O 7O@401 B>?;0=<KHA0 3%-4O= G>E >;<0<0;K4K@. 5D8@ 18@68=A;8, 7O8D :>=A8AB5=A890;K, 07 I020 3010@6K3;K >;0 18;O@. K<K7K= :>=A8AB5=A890AK 4C@C 2O 307;K >;C@. FBF= =N2 30BK3;0@K= =N3A0=;0@K 1>H (<095BOIO@) :>=A8AB5=A890;K, 3K63K@<KH, 7O@401K= G>E 09@K;<0AK 2O A.-48@. 0BK3;0@K= @O=M8 0L, AF420@8, A0@K90 G0;0@;K (A0@K<BK;) >;C@. 5D8@8= @O=M8 AF4O1O=7O@, 0L 2O 90 A0@K<BK; >;C@. #:@09=0 30BKLK=K= @O=M8 :@5< (BF=4 A0@K) @O=M4O >;C@. F:AO: 4O@O6O4O C7C= <F44OB ?0AB5@87O >;C=4CLC FGF= AF4 HO:O@8 :0@0<5;;OH8@. "C@H AF4 <OIAC;;0@K=K= E>H0MO;O= BO<87 AF4 BC@HCAC 404K 20@4K@, I5G 18@ :O=0@ 404 2O 898 >;<0<0;K4K@. "C@H AF4 <OIAC;;0@K=K=40 :OA:8= BC@H 404 >;0 18;O@. C, <OIAC;;0@K 8AB8 HO@08B4O A0E;04K340 10H 25@8@. @30=>;5?B8:8 MNABO@868;O@8=O MN@O 4N2;OB AB0=40@BK=K= BO;O18=8 N4O<O9O= BC@H AF4 <OIAC;;0@K=K A0BKH0 1C@0E<K@;0@. 7.5. /! / /! /#"+ OA<8: 7F;0;;K BC@HC4C;<CH AF4 <OIAC;C >;C1, ?0AB5@87O 548;<8H AF4F= BC@HC4C;C1, >=40= 7O@401K= 18@ I8AAOA8=8= :O=0@ 548;<OA8 8;O I07K@;0=K@. OA<8: F7;F AF44O=, 90L;K;KLK =>@<0;;0H4K@K;<KH 2O 90LAK7;0H4K@K;<KH AF44O= 8AB5IA0; 548;8@. OA<898= BO@:818=4O:8 7F;0;;0@40 8=A0= >@30=87<8 FGF= 7O@C@8 >;0= O2O7548;<O7 0<8=BC@HC;0@K 20@4K@. =;0@ F@O:-40<0@ A8AB5<8, 30@0689O@, 1N9@O: 2O 48MO@ EOABO;8:;O@8= ?@>D8;0:B8:0AK=40 <FIF< OIO<899OB :OA1 548@. OA<8:4O 9010=K 2O EOABO;8: BN@O4O= <8:@>>@30=87<;O@8= 8=:8H0D 5B<OA8=8= 30@HKAK=K 0;<03 <O3AO48;O <FB;O3 ?0AB5@87O >;C=<CH AF44O= I07K@;0=<0;K4K@. '89 AF44O= I07K@;0=0= :OA<8: B5@<8:8 5<0;40= :5G8@8;O= :C;8=0@ <O<C;0B;0@K=K= (:OA<8: :>B;5B8, :OA<8: 4FH1O@OA8, :OA<8:;8 MN9O@B8 3CB01K 2O A.) 2O O@848;<8H ?5=48@;O@8= 8AB5IA0;K=40 8AB8D04O 548;8@. 0L;K;KLK=0 MN@O 90L;K (18%-;8), 90@K< 90L;K (9% 2O 5%-;8) 2O 90LAK7 :OA<8: 8AB5IA0; >;C=C@. C=;0@40 7F;0;K= <8340@K C9LC= >;0@03 14-16%, 14-17% 2O 18-22%; AC9C= <8340@K 65, 73 2O 80%; BC@HC;C3 200-225, 210-240 2O 220-2700"-48@. OA<8: 7F;0;K=K= BO@:818=4O 1FBF= O2O7548;<O7 0<8=BC@HC;0@K, > 6F<;O4O= >@30=87< FGF= 20681 A09K;0= <5B8>=8= 2O ;878=, IO<G8=8= ;07K<8 <8340@40 <8=5@0; <044O;O@ (:0;A8C<, D>AD>@, 4O<8@, <03=578C< 2O 1.) 20@4K@. OA<8: 9F:AO: 3840;K;K3 4O9O@8=O <0;8:48@ 2O 18>;>J8 E0AAO;O@8=O MN@O CH03;0@K= 3840AK=40 2O <F0;86O28 3840;0=<040 8AB8D04O >;C=C@. OA<8: 8:8 FAC;;0  BC@HC4C;<CH 4O;O<O=8 3K74K@<03;0 :OA<898= BC@HC FAC;C 8;O 2O BC@HC-3C@A03 D5@<5=B8 8;O 8AB5IA0; 548;8@. 8@8=68 FAC;40 90LAK7 :OA<8:, 8:8=684O 8AO 90L;K :OA<8: I07K@;0=K@. OA<8: I07K@;0<03 FGF= 80>!-4O 20-30 A0=89O ?0AB5@87O 548;<8H AF4 28-30>!-9O 3O4O@ A>9C4C;C@, F7O@8=O <090 O;02O 548;81 6-8 A00B A0E;0=K;K@. 0LAK7 AF44O= :OA<8: 8AB5IA0;K=40 <090 :8<8 AF4 BC@HCAC=0 3K63K@40= AB@5?B>:>::;0@, 90L;K :OA<8: I07K@;04K340 8AO O;02O >;0@03 3C@A03 D5@<5=B8 2O 90 ?5?A8= 30BK@;0@. 090;0=<KH AF4F= BC@HC;CLC 90LAK7 :OA<8: FGF= 75-76>", 90L;K :OA<8: 8AB5IA0;K=40 40>" >;4C340, BC@HC4C;<CH AF4 20-30 4O383O 45-50>! B5<?5@0BC@40 3K74K@K;K@ 2O 7O@401K= 09@K;<0AK FGF= 4O;O<O 5IB890B;0 30@KH4K@K;K@. 0L;K :OA<8: 8AB5IA0;K=40 1 B>= AF4O 300 3@0< :@8AB0; :0;A8C<-E;>@84 O;02O >;C=C@. C 70<0= 4O;O<O;O=<O ?@>A5A8 AF@OB;O=8@, 7O@401K= 09@K;<0AK 90EHK;0HK@ 2O E0<<0; 8B:8A8 070;K@. FB;O 3K74K@K;4K340= A>=@0 15-20 4O383O A0:8B A0E;0=K;K@, A>=@0 IO@ 18@8=4O 7-10 :3 >;<03;0 0L 1574O= B8:8;<8H :8AO;O@O 1>H0;4K;K@, ?@5A;O=8@(1-2 A00B) 2O 7O@401 09@K;K@. .710HK=0 ?@5A;O=<O 10-12>!-4O 0?0@K;K@. )07K@;0=<KH :OA<8: 02B><0B <0HK=;0@40 250; 500 2O 1000 3@0< :FB;O4O :0LK7 2O 90 A5;;>D0= 1@8:5B;O@O GO:8;81-1F:F;F@. GK3 A0BKH FGF= GO;;O:;O@O, 0L7K5=;8 <5IBO@O9O 301;0H4K@K;K@. 070;0@40 :OA<898 0-1>!-4O 10 MF=, <0L07040 4-8>!-4O 36 A00B A0E;0<03 >;0@. OA<8:4O= H8@8= 2O 4C7;C :OA<8:, CH03 FGF= :OA<8: 2O 48MO@ :OA<8: <O<C;0BK I07K@;0=K@. C<H03 ?OI@87 :OA<898=8 90L;K (11%), 90LAK7, <592O-M8;O<592O;8, 90@K< 90L;K (4%) 2O <592O-M8;O<592O;8 90LAK7 I07K@;09K@;0@. C :OA<8:;O@4O AC9C= <8340@K C9LC= >;0@03 73, 79, 69 2O 72%-48@. "C@HC;CLC 210, 220, 190 2O 2000"-48@. >=A8AB5=A890AK 7O@8D, 18@68=A;8 >;4CLC=40= ?0AB0=K E0BK@;04K@. >;8<5@ <0B5@80;40= 5=;8 BC1;0@0 301;0H4K@K;K@. !0BKH <F44OB8 36 A00B4K@. 09<03;K 4O=O2O@ :OA<8: A0@KG0;0@;K 0L @O=M;8, 09@K-09@K 4O=;O@4O= 810@OB >;0= :OA<8: :FB;OA848@. 04K 7O@8D, AF4 BC@HC;C, ?0AB5@87O 548;<8H 309<0LK= 404 2O OB@8=8 E0BK@;04K@, 18@ 3O4O@ 4C7;C4C@. 0LK 6%-4O= 07, =O<;898 80%-4O= G>E, BC@HC;CLC 1500"-4O= 9F:AO: >;<0<0;K4K@. O=4;8 :OA<898 90LAK7 AF44O= I07K@;0=K@ 2O BO@:818=4O 5%-4O= 07 >;<090@03 90L >;0=0 3O4O@ 309<03 O;02O 548;8@. O<;898 75%, BC@HC;CLC 2000"-48@. HE0=0 :OA<898 ?0EB0 (:O@O 90LK=K= 8AB5IA0;K=K= BC;;0=BKAK) 2O 90LAK7 AF4F= AF4 BC@HCAC AB@5?B>:>::;0@K=K= BO<87 :C;BC@C=C= 8HB8@0:K 8;O 3K63K@B<03;0 I07K@;0=K@. 0L;K;KLK 2%-4O= 07, =O<;898 76%-4O= G>E, BC@HC;CLC 2200"-4O= 9F:AO: >;<0<0;K4K@. A84>D8; ?0AB0AK I07K@;04K340 AF4 950!-4O ?0AB5@87O 548;8@, 0A84>D8; GN?;O@8 8;O <090;0=K1 N710HK=0 ?@5A;O=<O:;O 7O@401K 09@K;K@. 0L;K 2O 90LAK7 1C@0EK;K@. 0L;K ?0AB0=K= BO@:818=4O 90L 4%-4O= 07, =O<;8: 60%-4O= G>E >;<C@, A0E0@>70 20%, 90LAK7 ?0AB040 =O<;8: 70%, A0E0@>70 12%, BC@HC;C3 2100"-48@. A84>D8;-0;1C<8= ?0AB0AK OA0AO= CH03 3840AK FGF= I07K@;0=K@. O@401K= 18H8@8;81 GN:4F@F;<OA8=4O= 0;K=0= 0;1C<8= AF4O 30BK;K@, 0A84>D8; GN?;O@8 8;O <090;0=K@. !0L;0<;K3 ?0AB0AK I07K@;04K340 90LAK7;0H4K@K;<KH AF4 <090;0=K@ 2O =O<;898 85% 30;0=0 3O4O@ 7O@401K :O=0@ 548;8@. O@8D :>=A8AB5=A890;K <OIAC; 0;<03 FGF= :OA<898 :>;;>84 4O98@<0=K=40 5<0; 5481 F7O@8=O 13-15% HO:O@ O;02O 548@;O@. 0L;K;KLK 5%-4O= 07, BC@HC;CLC 1600"-4O= 9F:AO: >;<0<0;K4K@. OA<8: <O<C;0BK=K= G5H848=O B>@B;0@, ?8@>3 :FB;OA8, :OA<8: :@5<;O@8, H8@8= :OA<8: 2O :OA<8: 90@K<D01@8:0B;0@K 08448@. C=;0@K= 8AB5IA0;K FGF= OA0A E0<<0; ?0AB5@87O 548;<8H AF44O= 0;K=0= :OA<8:, <FEBO;8D 90L;K 2O B0<;K O;02O;O@, :8H<8H, 309A8, DK=4K3, 3>7 2O 48MO@ 404 2O OB8@25@868 <044O;O@48@. "O@:818=4O:8 90LK= <8340@K=0 MN@O 9F:AO: 90L;K (20-26%), 90L;K (15-17%), 90@K<90L;K (8,0%) 2O 90LAK7 3@C?;0@K=0 1N;F=F@. "0<;K O;02O;O@4O= 0AK;K >;0@03 H8@8= (13-26% HO:O@ 30BK;K@) 2O 4C7;C (1,5-2,5% 4C7;C 30BK;K@) >;C@. OA<8: <O<C;0BK 7O@8D :>=A8AB5=A890;K >;<03 FGF= :OA<898 20;;K 2O 90 :>;;8>4 4O98@<0=40 5<0; 548@;O@. /;02O;O@ 30@KH4K@K6K <0HK=40 30BK;K@. OA<8: :@5<;O@8=8 I07K@;0<03 FGF= :OA<89O ?0AB5@87O 548;<8H 309<03, HO:O@ 2O OB8@;8 6N2IO@;O@ 30BK;K1 G0;K=K@. 040<;K, ;8<>=;C, 0=0=0A;K, ?>@B0L0;;K 2O A. :OA<8: :@5<;O@8 1C@0EK;K@. 8;;8 0L0@BK <OIAC;;0@K=40= AF7<O, 4>2L0 ?0AB0AK 2O H>@ :OA<8: <O<C;0BK 3@C?C=0 084 548;8@. !F7<O 52 HO@08B8=4O 8=O: 2O 90 60<KH 30BKLK=K AF7<O:;O, AF4 :><18=0BK=40 8AO AO=095 FAC;C 8;O I07K@;0=K@. !F4F= 90L;K;KLK 3,6%-O 3O4O@ =>@<0;0H4K@K;K@, 800!-4O ?0AB5@87O 548;8@, 400!-9O 3O4O@ A>9C4C;C@. &7O@8=O AF4 BC@HCAC=0 3K63K@40= 10:B5@80; <090 O;02O 548;81 3-4 A00B 4O;O<O O<O;O MO;<OA8 FGF= A0E;0=K;K@. !>=@0 :FB;O BO@:818=4O 70% AC 30;0=0 :8<8 AF7F;F@. 250 3@ :FB;O4O 3CBC;0@0 301;0H4K@K;K@. 80!-4O 18@ 3O4O@ A0E;0=K;K1 A0BKH0 25@8;8@. 0L;K;KLK 15%-48@. >2L0 ?0AB0AK I07K@;0<03 FGF= AF4 850!-4O ?0AB5@87O 548;O@O: 32-380!-9O 3O4O@ A>9C4C;C@, F7O@8=O AF4 BC@HCAC=0 3K63K@40= B5@<>D8; AB@5?B>:>:: 2O 1>;30@ GN?;O@8=4O= I07K@;0=<KH 10:B5@80; <090 O;02O 548;81 BC@HC4C;C@. O@40140= 09@K;<03 FGF= :8AO;O@O BN:F;F@ 2O BO@:818=4O 80% AC 30;0=04O: ?@5A;O=8@. 250 3@ ?0AB0 1200-1300 <; AC40 IO;; 548;8@ 2O 4>2L0 18H8@8;8@. (>@ I07K@;0<03 FGF= 09@0=0 18@ 3O4O@ 4C7 O;02O 5481 309=090=0 3O4O@ 3K74K@K@;0@. 9@K;<KH 7O@401K GN:<FH :FB;O4O= 09K@<03 <O3AO48 8;O >=C 157 2O 90 :OB0= ?0@G040= B8:8;<8H B>@1090 BN:F1 0AK@;0@. O@401 AF7F;4F:4O= A>=@0 B>@1040 30;0= :FB;O H>@ 04;0=K@. (>@0 4C7 2C@C;C1 10=:040 2O 90 :F?4O A0E;0=K;K@. O7O= H>@C ?5=48@;O 30@KH4K@K1 <>B0;0 9KLK@;0@. (>@C= F7O@8=O 1-2 ABO:0= AF4 2O 4C7 BN:F1 30@KH4K@4K340 ;>@ O;4O 548;8@. >@ A0E;0=4K340 3K63K@4KLK=40= BO7O I0;40 8AB8D04O 548;8@. OA<8: 2O :OA<8: <O<C;0BK=K= :59D899OB MNABO@868;O@8. OA<8: 2O :OA<8: <O<C;0BK=K= >@30=>;5?B8:8 :59D899OB MNABO@868;O@8=4O= >=C= 301;0H4K@K;<0AK=K= 2O B0@0=K= 2O7899OB8, E0@868 MN@F=FHF, @O=M8, 898 2O 404K OA0A MNBF@F;F@. OA<8: 301;0H4K@K;0= B0@0;0@ BO<87 >;<0;K, F7O@8=4O:8 <0@:0;0=<0 907K;0@K 094K= >EC=<0;K4K@. O78 B0@0;0@40, > 6F<;O4O= GO:8 8;O A0BK;0= :OA<8: 301;0H4K@K;0= <5IBO@O 2O GO;;O:;O@4O 18@:0 (5B8:5B) >;<0;K4K@. /MO@ :OA<8: <O<C;0BK 1@8:5B I0;K=40 1F:F;<FHAO, >=40 :0LK7 :OA<898 IO@ BO@OD4O= N@B<O;8, AOBI8 BO<87 >;<0;K4K@. OA<8: <O<C;0BK=K= @O=M8 0L, :@5<20@8 >;<03;0 AOBI8=4O :8D 2O 90?KH30=BOIO@ I8AAO68:;O@ >;<0<0;K4K@. 04K BO<87 AF4 BC@HC;C, :O=0@ 404 2O 898= >;<0AK=0 9>; 25@8;<8@. >=A8AB5=A890AK IO<68=A, 9C<H03, 90EK;0= >;<0AK=0, 1O78 G5H84;O@4O 4O=O2O@ >;<0AK=0 9>; 25@8;8@. 0LAK7 :OA<8:4O= 7O@401K= 0706K3 09@K;<0AK=0 9>; 25@8;8@. OA<8: 2O :OA<8: <O<C;0BK 8AB5IA0;K=40 0H0LK :59D899OB;8 E0<<0;40= 8AB8D04O 5B48:4O, 8AB5IA0; B5E=>;>M890AK=0 4F7MF= O<O; 548;<O<OA8 =OB86OA8=4O 18@ AK@0 3FAC@;0@ O<O;O MO;8@: 1. 04 2O 898=4O >;0= 3FAC@;0@: 0/. BC@H 404. OA<8:4O BC@H 404K= O<O;O MO;<OA8=O AO1O1 8AB5IA0; 5B48:4O= A>=@0 A>9C4C;<0AK=K= B0<0<;0=<0<0AK, 9F:AO: B5<?5@0BC@40 :OA<898= ?@5A;O=<OA8, N7-N7F=O ?@5AA;O=<O=8= 0@BK3 4020< 5B<OA8; 1/. BO<87 >;<090=, :NI=O, 89;O=<8H 89 2O 404. C 3FAC@C= O<O;O MO;<OA8=O AO1O1 :OA<8: 2O :OA<8: <O<C;0BK=K G8@:;8 B0@0;0@40 301;0H4K@K;<0AK4K@. C=40= 10H30 301;0H4K@K;<KH :OA<8: 2O :OA<8: <O<C;0BK=K 90EHK 25=B8;90A890AK >;<090= 18=0;0@40 A0E;04K340 O<O;O MO;8@; 6/. 06K 404. OA<8:4O 1C 3FAC@ AF4F= BOA8@8=4O= >;C@. 5;O :8, I5920=;0@ 06K 95<;O 3840;0=4K340 1C 3FAC@ 10H 25@8@. 5?B>=;0H4K@K6K 10:B5@890;0@K= BOA8@8=4O= 7F;0;;0@K= ?5?B>=;0@0 ?0@G0;0=<0AK =OB86OA8=4O :OA<8:4O 06K 404 O<O;O MO;8@. OA<8: 8AB5IA0;K=40 =>@<040= 0@BK3 ?5?A8= D5@<5=B8 MNBF@F;4F:4O 1C 3FAC@ O<O;O MO;8@. 6K 404 OA0AO= 90L;K :OA<8:4O @0AB MO;8@. C=C= O<O;O MO;<OA8=8= AO1O1;O@8=4O= 18@8 4O :OA<8: 8AB5IA0;K=40 ?0AB5@87O 548;<O<8H :NI=O AF44O= 8AB8D04O 548;<OA848@. C=40= 10H30 AF4 BC@HCAC 10:B5@890;0@K 2O ?5?A8= D5@<5=B8=8 AF4O 0;G03 B5<?5@0BC@40 2C@4C340, 90L40 IO;; >;0= ;8?070 D5@<5=B8=8= BOA8@8=4O= O<O;O MO;8@. OA<898= A0E;0=<0 HO@08B8=O 4F7MF= O<O; 548;<O<OA8 =OB86OA8=4O 4O 06K 404 O<O;O MO;8@. 6K 404 :OA<8: :FB;OA8=4O 4O @0AB MO;8@. C 3FAC@ :OA<8: :FB;OA8=8= 3K63K@<0AK 2O 307 O<O;O MO;<OA8 8;O <FO99O= 548;8@. 4/. GF@F<FH 0<<80: 404K GF@F<FH 10:B5@890;0@K= BOA8@8=4O= 7F;0;K= 4O@8= GF@F<OA8=4O= O<O;O MO;8@; 5/. H8B, 1>H 404 BC@H 3C@A03 <090;K :OA<8:4O 0H:0@ 548;8@. C 3FAC@ ;0EB0 B57 1O@:89O= 70<0=, BC@HC;0@ 0@B4K340, AF4 BC@HCAC=C= 0@BK3 4O@O6O4O AC 8;O 9C9C;<0AK =OB86OA8=4O O<O;O MO;8@; D/. A8@:O 2O 90L BC@HCAC 89 2O 404K. C 3FAC@C= O<O;O MO;<OA8=O AO1O1 A8@:O 2O 90L BC@HCAC 10:B5@890;0@K=K= DO0;899OB848@. OA<8: :FB;OA8=8= :8D09OB 3O4O@ A>9C4C;<0<0AK, I07K@ <OIAC;C= 9F:AO: B5<?5@0BC@40 A0E;0=<0AK =OB86OA8=4O O<O;O MO;8@; L/. <5B0; 404. C 3FAC@C= O<O;O MO;<OA8=O AO1O1 :OA<898= 90EHK 30;09;0=<0<KH <5B0; 301;0@40 C7C= <F44OB A0E;0=<0AK4K@. 2. >=A8AB5=A890AK=40 >;0= 3FAC@;0@: 0/. >2C;0= :>=A8AB5=A890. "C@H 3C@A03 <090;K :OA<8:4O @0AB MO;8@. "C@HC;CLC 9F:AO: >;0= ;0EB040 AF4 BC@HCAC=C= :NI=O;<OA8=O AO1O1 >;C@. C <OIAC;40 ;0EB0 :>758= O<O;O MO;8@. C 3FAC@ <090;0=<0 B5<?5@0BC@C=C= 0H0LK >;<0AK, I015;O 7O@401K= ?8A 09@K;<0AK =OB86OA8=4O 4O 0H:0@ 548;8@; 1/. 9C<H03 :>=A8AB5=A890 :OA<8: FGF= E0@0:B5@8:48@. C=0 AO1O1 <090;0=<0=K= 9F:AO: B5<?5@0BC@40 0?0@K;<0AK, 90EC4 :OA<898= 9F:AO: B5<?5@0BC@40 A>9C4C;<0AK4K@; 6/. B>7HO:8;;8, 3C@C, :>1C4 :>=A8AB5=A890. C 3FAC@ :OA<8: :FB;OA8 40E8;8=4O, I8AAO68:;O@ 0@0AK=40 07 @018BO >;4C340 O<O;O MO;8@. C=0 AO1O1 8AB5IA0; ?@>A5A8=8= 4F7MF= 0?0@K;<0<0AK, 07 BC@HC<0AK (BC@H 3C@A03 :OA<8:4O), :OA<898 9F:AO: B5<?5@0BC@40 3K74K@4K340 ;0EB0=K= 4>L@0=<KH >;<0AK, C7C= <F44OB 9F:AO: B5<?5@0BC@40 ?@5A;O9868 20==040 A0E;0=<0AK4K@; 4/. 59=868=A;8 >;<090= :>=A8AB5=A890. C 3FAC@ OA0AO= 18@68=A;8 >;<090= <FEBO;8D BO@:81;8 :OA<898= :59D899OBA87 301;0H4K@K;<0AK =OB86OA8=4O O<O;O MO;8@. @5A;O9868 20==040 7O@401K= 09@K;<0AK=0 4F7MF= =O70@OB 548;<O<OA8 =OB86OA8=4O 4O 1C 3FAC@ O<O;O MO;8@; 5/. AOBI8=8= A5;8:;O=<OA8. "0EB0 GO;;O:;O@4O <5B0; 184>=;0@40 301;0H4K@K;<KH :OA<8: :FB;OA8=8= AOBI8=4O <FH0I84O >;C=C@. C 3FAC@C= O<O;O MO;<OA8=O AO1O1 301;0H4K@K;<KH B0@0;0@K= 30?0LK=K= <NI:O< 10L;0=<0<0AK =OB86OA8=4O :OA<8: :FB;OA8=4O= AOBI8=4O GF@F4F6F 10:B5@890;0@K= 8=:8H0D 5B<OA848@. OA<8: 2O :OA<8: <O<C;0B;0@K=K= :59D899OBA87 301;0H4K@K;<0AK, 4F7MF= <0@:0;0=<0<0AK, =>@<0; HO@08B4O A0E;0=<0<0AK, 40HK=<0 @5J8<8=O 4F7MF= O<O; 548;<O<OA8 4O 3FAC@ A09K;K@. 09<03;K 4O=O2O@ :OA<8:4O @0AB MO;O= 3FAC@;0@: 0/. 309KH20@8 :>1C4 4O=. C 3FAC@ ;0EB0=K :OA<O74O= O22O; BC@HC;CLC=C= 07 >;<0AK 2O ;0EB0=K= B57 30@KH4K@K;<0AK =OB86OA8=4O O<O;O MO;8@; 1/. 4020<AK7 :OA<8: 4O=8. C 3FAC@C= O<O;O MO;<OA8=O AO1O1 ;0EB0=K :OA<O74O= O22O; 7O@401K= BC@HC;CLC=C= 9F:AO: >;<0AK, 90LAK7 AF4F= 9F:AO: B5<?5@0BC@40 ?0AB5@87O 548;<OA8, 4>=4C@C;<CH AF44O= 8AB8D04O >;C=<0AK, AF4F= BO@:818=4O :0;A8C<C= 07 >;<0AK, :59D899OBA87 <09040= 8AB8D04O 548;<OA8, <OIAC;;0@K= C7C= <F44OB 0H0LK B5<?5@0BC@40 A0E;0=<0AK4K@; 6/. 9C<H03 @FBC1OB;8 4O=. C 3FAC@ 90LAK7 AF4F= 9F:AO: B5<?5@0BC@40 ?0AB5@87O 548;<OA8, 3C@A03 D5@<5=B8=8= =>@<040= 0@BK3 O;02O 548;<OA8, ;0EB0=K :OA<O74O= O22O; 7O@401K= BC@HC;CLC=C= 9F:AO: >;<0AK 2O 0;G03 B5<?5@0BC@40 ;0EB0=K= AKEK;<0AK =OB86OA8=4O O<O;O MO;8@. OA<8: 2O :OA<8: <O<C;0BK=K= A0E;0=K;<0AK. "860@OBO 40E8; >;0= :OA<8: 2O :OA<8: <O<C;0BK IO< :8G8: GO:84O 1F:F;<FH I0;40, IO< 4O 1F:F;<O<8H I0;40 >;C@. !B0=40@B BO;O18=O MN@O GO:8 8;O A0BK;0= :OA<8: 2O :OA<8: <O<C;0BK=K 301;0H4K@<03 FGF= 0L0640= I07K@;0=<KH <NI:O<, BO<87 2O 90EHK A>9C4C;<CH B0@0 >;0= GO;;O:48@. C B0@0;0@ :OA8: :>=CA D>@<0AK=40 >;C@. >=CAC= FAB 480<5B@8 480 <<, 0;B 480<5B@8 400 <<, IF=4F@;F9F 600 << 2O BCBC<C 70 :3 >;C@. OA<8: 2O :OA<8: <O<C;0BK B0@090 AKE 2O 0L7K=04O: 4>;4C@C;<0;K4K@. OIAC;C= AOBI8=8 ?5@30<5=B :0LK7K 8;O N@BF1, I020=K= 40E8; >;<0<0AK FGF= 30?0LK <NI:O< 10L;0=<0;K4K@. C=40= 10H30 GO:8 8;O A0BK;0= :OA<8: 2O :OA<8: <O<C;0BK=K 301;0H4K@<03 FGF= 30;09;0=<KH <5B0; 2O 90 0;F<8=8C< 184>=;0@40=, ?>;85B8;5= :8AO;O@4O= 8AB8D04O 548@;O@. >;85B8;5= :8AO;O@4O= OA0AO= :OA<8: 301;0H4K@<03 FGF= 8AB8D04O >;C=C@. 5;O 301;0H4K@<0 40I0 <F:O<<O; 2O C6C74C@. %59;8 9F=MF; >;4CLC FGF= @0I0B 40HK=K@. C=40= 10H30 :OA<898= :59D899OB8 90EHK 30;K@ 2O @FBC1OB8 070;<K@. 'O:8;81-1F:F;<FH I0;40 90L;K 2O ?OI@87 :OA<898 @50;87O >;C=C@. 0@K90L;K 2O 90LAK7 :OA<8: IO< 1F:F;<FH, IO< 4O 1F:F;<O<8H I0;40 B860@OBO 1C@0EK;K@. OA<8: <O<C;0B;0@K=40= 90;=K7 :OA<8: :FB;OA8 IO< 1F:F;<FH, IO< 4O 1F:F;<O<8H I0;40 >;C@. 0;0= 1FBF= :OA<8: <O<C;0B;0@K 1F:F;<FH I0;40 @50;87O >;C=C@. OA<8: 2O :OA<8: <O<C;0B;0@K=K ?5@30<5=B, D>;30, @O=MA87 A5;;>D0= ?0:5B;O@O, :0@B>= :0@>1:0;0@0, ?>;85B8;5= ?0:5B;O@O, ?0@0D8=;OH48@8;<8H :0LK7;0@0 301;0H4K@K@;0@. >@<0B82-B5E=8:8 AO=O4;O@O C9LC= >;0@03 :OA<8: 2O :OA<8: <O<C;0B;0@K 0H0LK40:K :FB;O4O 1F:F;F@: :OA<8:  250, 500, 700, 1000 3@; :OA<8: :FB;OA8  500 3@; :OA<8: ?5=48@6898  50, 100, 250 3@; H8@O;O=<8H :OA<8: ?5=48@6898  50 3@; :OA<8: :@5<8  100 3@; :OA<8: B>@BC  250, 500, 1000, 2000 3@; :OA<8: 90@K<D01@8:0B;0@K  50, 100, 250, 350, 500 3@. OA<8: <O<C;0B;0@K=K= E0;8A :FB;OA8=4O (2%-4O= (4%-O 3O4O@, :FB;OA8 1,0 :3 2O 40I0 G>E >;0= :OA<8: B>@B;0@K=40 8AO (0,5%-4O= (1,0%-O 3O4O@ 0@BK3 2O OA:8: MO;<OA8=O 8607O 25@8;8@. 8G8: GO:84O 1F:F;<FH :OA<8: 2O :OA<8: <O<C;0BK=K GO:8A8 20 :3 >;0= 0L06 9>=30@K=40= I07K@;0=<KH AO1O1;O@O 2O 90 :0@B>= :0@>1:0;0@0 301;0H4K@K@;0@. OA<8: <O<C;0BK G5H848=4O= 0AK;K >;0@03 <FEBO;8D 40E8;8 B0@0;0@0 301;0H4K@K;K@. C=;0@40= O= OA0AK ?5@30<5=B :0LK7K, D>;30, ?0@0D8=;OH48@8;<8H ABO:0=, ?>;8<5@ :8AO68:;O@ 2O :0@B>= :0@>1:0;0@4K@. OA<8: 2O :OA<8: <O<C;0B;0@K=K 301;0H4K@4K340= A>=@0 >=C <0@:0;09K@;0@. OA<8: 2O :OA<8: <O<C;0B;0@K=K= <0@:0AK=40 0H0LK40:K;0@ MNABO@8;<O;848@: <FOAA8AO=8= 04K 2O F=20=K, <OIAC;C= 04K, 90L;K;KLK, A>@BC, E0;8A :FB;OA8, I07K@;0=<0 B0@8E8, AB0=40@BK= =N<@OA8, HB@8E:>4 2O OMO@ :OA<8: ?0AB5@87O 548;<O<8H AF44O= I07K@;0=<KHA0, > 40 3594 548;<O;848@. F:F;<FH :OA<8: 2O :OA<8: <O<C;0B;0@K=K 5B8:5B, 10=45@>; 2O 90 907<03;0 <0@:0;09K@;0@. F:F;<O<8H :OA<8: 2O :OA<8: <O<C;0BK=K= B0@0AK=K ?>7C;<090= @O=M;O 907<03;0 <0@:0;09K@;0@. 'O;;O: 2O 90 :0@>1:0;0@0 301;0H4K@K;<KH :OA<8: 2O :OA<8: <O<C;0BK=K= <0@:0AK=40 0H0LK40:K;0@ MNABO@8;<O;848@: <FOAA8AO=8= 04K 2O F=20=K, <OIAC;C= 04K, E0;8A :FB;OA8, ?0@B890 =N<@OA8, 301;0H4K@<0 =N<@OA8, GO;;O98= 2O 90 :0@>1:0=K= AK@0 =N<@OA8, >=C I07K@;090= CAB0=K= D0<8;890AK, 8AB5IA0; B0@8E8. F:F;<FH :OA<8: 2O :OA<8: <O<C;0B;0@K=K :0@>1:0;0@0 301;0H4K@4K340, E0@868 B0@090 5B8:5B 90?KH4K@<03;0 <0@:0;09K@;0@. C@040 1@CBB> :FB;O, 20I84 1F:F;<FH <OIAC;C= A09K, :0@>1:0;0@K= AK@0 =N<@OA8 MNABO@8;8@. OA<8: 2O :OA<8: <O<C;0B;0@K=K= 40HK=<0AK=40 4O<8@ 9>;C, AC 9>;C 2O 02B><>18; =O3;8990B;0@K=40 8AB8D04O >;C=C@. 0HK=<0 FGF= >;0= =O3;8990B A0=8B0@890 6OIOB4O= BO<87 >;<0;K 2O A?5A8D8: 89 >;<0<0;K4K@. OA<8: 2O :OA<8: <O<C;0B;0@K ?>;8<5@ 95H8: B0@0;0@40 301;0H4K@K;<KH I0;40 40HK=K@. C <O<C;0B;0@ 4020<AK7 <OIAC;;0@ >;4CLC=40= :59D899OB8=8 B57 4O98H4898 FGF= 0H0LK B5<?5@0BC@ HO@08B8=4O 40HK=K@. KH 09;0@K=40 4O<8@ 9>;C 8;O <OIAC; 40HK=4K340 203>=C= 40E8;8 B5<?5@0BC@C 0  ( 20!, 90940 8AO 00! >;<0;K4K@. 03>=;0@0 40 <OIAC; HB015; 30940AK=40 9KLK;K@. )O@ HB015;4O 5 95H8: >;<0;K4K@. (B015;;O@ 0@0AK <OA0DO 20 A< >;<0;K4K@. OA<8: 2O :OA<8: <O<C;0B;0@K=K C703 <OA0DO;O@O 40HK<03 FGF= 4O<8@ 9>;C 2O AC 9>;C =O3;8990B;0@K=40= 8AB8D04O >;C=C@. KA0 <OA0DO;O@O 40HK<03 FGF= 8GO@8A8 A>9C4C6C 02040=;K3;0 BO6I87 548;<8H 02B><>18; =O3;8990B;0@K=40= 8AB8D04O 548;8@. OA<8: 2O :OA<8: <O<C;0BK 4020<AK7 <OIAC;4C@. )OBB0 0;G03 B5<?5@0BC@40 (2-30!) :59D899OB8=8 B57 4O98H8@. =0 MN@O 4O 1C <O<C;0B;0@ 8AB8D04O 548;O=O 3O4O@ A>9C3 :0<5@0;0@40 A0E;0=<0;K4K@. OA<8: 2O :OA<8: <O<C;0B;0@K=K 0-20! B5<?5@0BC@40 80-85% =8A18 @FBC1OB4O 10 MF= A0E;0<03 <F<:F=4F@. 20! B5<?5@0BC@40 :OA<8: :FB;OA8=8 2 MF= A0E;0<03 >;0@. >=4C@C;<CH :OA<8: 2O :OA<8: <O<C;0B;0@K=K <O=D8 180! B5<?5@0BC@40 1F:F;<FH (1 :3-0 3O4O@) :OA<8: 2O :OA<8: <O<C;0BK=K 4 09, 1F:F;<O<8H <O<C;0B;0@K 8AO 6 09 A0E;0<03 >;0@. 0L070 HO@08B8=4O +80! B5<?5@0BC@40 24-36 A00B, 18-200!-4O 8AO 12 A00B A0E;0=K;0 18;O@. 7.6. !& ! /  0BK;0H4K@K;<KH AF4 :>=A5@2;O@8=O 30BK;0H4K@K;<KH F7;F 2O F7AF7 AF4, HO:O@;8 309<03 :>=A5@28, HO:O@A87 AB5@8;87O 548;<8H AF4 2O 309<03 :>=A5@28A8 08448@. 0BK;0H4K@K;<KH 309<03 2O AF4 :0:0> 2O 3OI2O O;02O;8 4O 8AB5IA0; >;C=C@. !F4 :>=A5@2;O@8=8= 8AB5IA0;K=K= OA0A O<O;8990B;0@K 0H0LK40:K 0@4K6K;;K3;0 M548@: AF4F= 3O1C;C, BO<87;O=<OA8, A>9C4C;<0AK, 3KA0 <F44OBO A0:8B A0E;0=K;<0AK, BO@:818=8= =>@<0;;0H4K@K;<0AK (AB0=40@B;0H4K@K;<0AK), ?0AB5@87O 548;<OA8, 30BK;0H4K@K;<0AK, A>9C4C;<0AK 2O 301;0H4K@K;<0AK. (O:O@;8 30BK;0H4K@K;<KH AF4 8AB5IA0;K=40 IO< 4O HO:O@ HO@1OB8 I07K@;0=K@, 30BK;0H4K@K;<KH AF4O O;02O 548;8@ 2O A>9C4C;C@. !F4F= 30BK;0H4K@K;<0AK 20:CC<-0?0@0B;0@40 10H0 G0B4K@K;K@ 2O 0EK@40 HO:O@ HO@1OB8 O;02O 548;8@ 2O BO68;8 20:CC< :@8AB0;870B>@40 A>9C4C;C@. C 70<0= N;GFAF 12 <8:@><8;;8<5B@O 3O4O@ >;0= ;0:B>70 :@8AB0;;0@K O<O;O MO;8@. )07K@;0=<KH <OIAC; 7 A09;K EK@40 BO=O:O 10=:0;0@0 (410 3@ HO:O@;8 30BK;0H4K@K;<KH AF4 BCB0=), 5;O6O 4O 14 A09;K 8@8 (3,8-3,9 :3-;K3) BO=O:O 301;0@0 301;0H4K@K;K@. "O=O:O 10=:0;0@ M5@<5B8: 10L;0=K@ 2O 15;O HO@08B4O <OIAC;C 1 8; A0E;0<03 <F<:F=4F@. 598=B8 AO=095A8=4O (EFACAO= 3O==04K AO=095A8=4O) 8AB8D04O 5B<O: FGF= 40E8;4O= 5<0; 548;<8H D0=5@ 10@010=;0@0 40 301;0H4K@K;K@. (O:O@;8 30BK;0H4K@K;<KH F7;F AF4F= BO@:818=4O 26,5% AC, 43,5% HO:O@, 28,5% 3C@C <044O, > 6F<;O4O= 8,5% 90L >;C@. &7AF7 AF44O= I07K@;0=<KH HO:O@;8 30BK;0H4K@K;<KH AF4F= BO@:818=4O 30% AC, 44% HO:O@, 26% 3C@C <044O >;C@. 0:0> 8;O 30BK;0H4K@K;<KH AF4 I07K@;04K340 1 :3 AF4O 73-74,5 3@ :0:0> B>7C 30BK;K@. "O@:818=4O 27,5% AC, 43,5% HO:O@, 28,5% 3C@C <044O, > 6F<;O4O= 7,8% 90L >;C@. (O:O@;8 30BK;0H4K@K;<KH 309<0340 3C@C <044O;O@8= <8340@K O= 07K 36%, > 6F<;O4O= 19% 90L, O= 07K 26% AC >;<0;K4K@. C <OIAC;C= 4C@C;<0AK=K= 30@HKAK=K 0;<03 FGF= 10 0 BO79834O I5<>M5=;OH48@8;8@. 0BK;0H4K@K;<KH AB5@8;87O 548;<8H AF4 8AB5IA0;K=K= 10H30;0@K=40= DO@38 >=404K@ :8, =>@<0;;0H4K@K;<KH 2O 30BK;0H4K@K;<KH AF4O AB018;;OH48@868 4C7;0@ (0.)4.)2 2O 90 036)5*7. 5)2) 30BK;K@, I5<>M5=;OH48@8;8@, 301;0H4K@K;K@ (7 A09;K BO=O:O 10=:090), M5@<5B8: 10L;0=K@ 2O 115-1170!-4O 20-30 4O3 AB5@8;87O 548;8@ 2O A>9C4C;C@. OIAC;C= AB5@8;;898=8 9>E;0<03 FGF= 370!-4O 10 MF= A0E;0=K;K@. 0BK;0H4K@K;<KH AB5@8;87O 548;<8H AF4F= BO@:818=4O O= 07K 25,5% 3C@C <044O, > 6F<;O4O= 7,8% 90L >;<0;K4K@. OIAC;C= 404K H8@8=BOIO@ 7O8D 4C7;C4C@, ?0AB5@87O 404;K, @O=M8 0GK3 3OI2O9848@. 0-200!-4O A0E;0=K;<0 <F44OB8 1,5 8;48@. (O:O@;O 30BK;0H4K@K;<KH F7;F 2O F7AF7 AF4F= >@30=>;5?B8:8 :59D899OB MNABO@868;O@8=4O= 404 2O OB@8, :>=A8AB5=A890AK 2O @O=M8 OA0A A09K;K@. 04 2O OB@8 H8@8=, BO<87, ?0AB5@87O 548;<8H AF4F= 404K=K 25@<O;8, :O=0@ OB8@ 2O 404 >;<0<0;K4K@. 706K3 95< 404K=K= I8AA >;C=<0AK=0 8607O 25@8;8@. >=A8AB5=A890AK 1FBF= AF4 :FB;OA8=4O 18@68=A;8 >;<0;K, AF4 HO:O@8=8= :@8AB0;;0@K >;<0<0;K, A0E;0=K;<0 20EBK 10=:0=K= 4818 =4O ;0:B>70=K= GN:F=BFAF >;0 18;O@. O=M8 0L :@5<20@8, :N;MO;8 2O 90EC4 7O8D MN9F<BF; 3O=M >;0 18;O@. !F4 :>=A5@2;O@8=8= A0E;0=K;<0AK. 0BK;0H4K@K;<KH AF4 10=:0;0@K=0 90?KH4K@K;0= 5B8:5B :0LK7K=40 >=C= BO@:818 2O 8AB8D04O 548;<OA8 I0340 <O;C<0B;0@ 907K;K@, =5BB> :FB;OA8, A0E;0=K;<0 <F44OB8 2O HO@08B8, AB0=40@BK= =N<@OA8 3594 >;C=C@. >=A5@2 10=:0AK=K= 0;B 30?0LK=40  IO@D8, 702>4C= =N<@OA8 2O 8;8= 0EK@K=6K @O3O<8 3594 548;8@. 0=:0=K= FAB 30?0LK=0 =N21O (18@ @O3O<;O), B0@8E (8:8 @O3O<;O), 09 (3 IO@D8=4O= 10H30, O;8D10 AK@0AK(@CA O;8D10AK) 8;O 18@ IO@D, <OAO;O=:   90=20@,   D52@0; 2O A.), :>=A5@28= G5H84 =N<@OA8 (8:8 @O3O<;O) 907K;K@. O7O= 0;B 2O FAB 30?0L0 907K;0AK @O3O<;O@ 90;=K7 FAB 30?0L0 907K;K@. OAO;O=, 2016 21476. C 15;O >EC=C@: /B 2O !F4 !O=095A8 078@;898=8= () 201 A09;K 702>4C=40 2006-6K 8;8= D52@0; 09K=K= 14-4O 2-68 =N21O BO@OD8=4O= 30BK;0H4K@K;<KH AF4 :>=A5@28 (76) 8AB5IA0; 548;<8H48@. /MO@ 30BK;0H4K@K;<KH 3OI2O;8 AF4 :>=A5@28 >;0@A0 79, 30BK;0H4K@K;<KH HO:O@A87 AF4 :>=A5@28 >;0@A0 80 @O3O<8 8;O G5H84 =N<@OA8 MNABO@8;8@. 0BK;0H4K@K;<KH AF4 :>=A5@2;O@8=8 8AB5IA0; >;C=4CLC MF=4O= 5B810@O= 0-100!-4O 12 09, :0:0> 2O 3OI2O O;02O;8 AF4 :>=A5@2;O@8=8 6 09 A0E;0<03 >;0@. 0BK;0H4K@K;K1 :>=A5@2;OH48@8;<8H 2O AB5@8;87O >;C=<CH AF4 :>=A5@2;O@8=8 00!-4O= 0H0LK B5<?5@0BC@40 A0E;0<0L0 8607O 25@8;<8@. 7.7. # # !& /)!# + C@C AF4 :>=A5@2;O@8=O 90L;K 2O 90LAK7 3C@C AF4 B>7C, 3C@C 09@0=, 3C@C 7O@401, 3C@C 309<03, 3C@C ?OI@878 BC@HC4C;<CH AF4 <OIAC;;0@K, 3C@CB, 4>=4C@<0 2O CH03 3840AK FGF= AF4 3C@CAC 30@KHK3;0@K 08448@. C@C AF4 :>=A5@2;O@8=8= 8AB5IA0;K AF4 :>=A5@2;O@8=4O >;4CLC :8<848@. C@C AF4 B>7C 0;<03 FGF= O22O;6O AF4F 20:CC< 0?0@0B;0@40 BO@:818=4O 43-48% 3C@C <044O 30;0=0 3O4O@ 30BK;0H4K@K1, A>=@0 :>=B0:B 2O 90 B>7;0=4K@<0 FAC;C 8;O 3C@C4C;C@. >=B0:B FAC;C 8;O 3C@C AF4 0;<03 FGF= 30BK;0H4K@K;<KH AF4F 110-1300!-4O: 3K74K@K;<KH 9020H DK@;0=0= 10@010=;0@K= (GC3C= 2O 90 ?0A;0=<090= ?>;0440= I07K@;0=K@) I0<0@;0=<KH 8AB8 AOBI8=O =078: BO1O3O HO:;8=4O 909K1 2-3 A0=89O 3C@C4C@;0@. 0@010=K= AOBI8=4O:8 3C@C 90@K<HODD0D AF4 ?O@4O6898, >=C= AOBI8=O 90B0= 1KG03;0 AK9@K;K1 MNBF@F;F@. C@C AF4 I8AAO68:;O@8 4O98@<0=40 F9F4F;F@, O;O=8@, A>9C4C;C@ 2O 301;0H4K@K;K@. O<;898 6-7% >;C1, 7F;0;;0@K 38A<O= 45=0BC@0B;0H<KH4K@. O@?0 >;C=<0AK 70-85%-48@. ">7;0=4K@<0 FAC;C=40 30BK;0H4K@K;<KH AF4 BO7983 0;BK=40 ?FA:F@F;F@ 2O 3C@C4C6C H:0D0 (3F;;O9O) 40E8; >;0= 8AB8 I020 0EK=K B>7;0=4K@K;<KH <0959O @0AB MO;O@O: >=C 3C@C4C@. !F4 I8AAO68:;O@8=8= N;GFAF (8@8;898) 20-100 <8:@><8;;8<5B@ >;C@. C 70<0= AF4F= B5<?5@0BC@C 70-750!-4O= 9F:AO: >;<C@, >=0 MN@O 4O AF4F= D878:8-:8<9O28 E0AAO;O@8 4O98H<8@. C FAC;;0 0;K=0= AF4F= 1O@?0 >;C=<0AK 89-99%-48@, =O<;898 3%-48@. C@C F7;F AF44O 4-7% AC, 25%-O 3O4O@ 90L >;C@. 59D899OB8=4O= 0AK;K >;0@03 3C@C F7;F AF4 O;0 2O 1-68 O<BOO A>@BC=0 1N;F=F@. O@?0 548;<8H AF4F= BC@HC;CLC 20-220" >;<0;K4K@. C@C 90LAK7 AF44O O= G>EC 5% AC, 95% 3C@C <044O >;C@. O@?0 548;<8H AF4F= BC@HC;CLC 200"-4O= G>E >;<0<0;K4K@. /<BOO A>@BC=0 1N;F=<F@. -5@<5B8: B0@040 3C@C AF4F 8 09, 359@8-M5@<5B8: B0@040 8AO 3 09 A0E;0<03 >;0@. "57 IO;; >;0= 3C@C AF4 8AB5IA0;K=40 B>7;0=4K@<0 FAC;C 8;O 0;K=0= 3C@C AF4 BO@:818=4O:8 AC9C= <8340@K 6,5-6,8%-O G0B0=0 3O4O@ =O<;O=48@8;8@ 2O 8:8=68 4ODO 95=84O= 3C@C4C;C@. C 70<0= AF4 :@8AB0;;0@K=K= N;GFAF 1 <:< >;C@ 2O 15;O AF4 AC 8;O 30@KH4K@K;4K340 B57 IO;; >;C@. O<;898 2,5-3,5%-48@. (O:O@;8 2O HO:O@A87 3C@C 309<03 0;<03 FGF= 309<03 30BK;0H4K@K;<KH AF4;O 30@KH4K@K;K1 B>7;0=4K@<0 FAC;C 8;O 3C@C4C;C@. (O:O@;8 3C@C 309<0LK= 90L;K;KLK O= 07K 44%, HO:O@8= <8340@K 10%-48@. (O:O@A87 3C@C 309<0340 90LK= <8340@K 42%-48@. )O@ 8:8A8=4O =O<;8: 4-7% >;C@. O@?0 548;48:4O BC@HC;CLC 19-200" >;<0;K4K@. 59D899OB8=4O= 0AK;K >;0@03 O;0 2O 1-68 O<BOO A>@BC=0 09@K;K@. F:AO: 90L;K 3C@C 309<0LK= BO@:818=4O O= 07K 3% AC, 75% 90L, 90LAK7 3C@C <044O 8AO 22%-48@. #H03 3840AK FGF= AF4 <OIAC;;0@K 0H0LK40:K G5H844O 8AB5IA0; 548;8@. !F4O<O@ CH03;0@ FGF= 3C@C AF4 90;=K7 B>7;0=4K@<0 FAC;C 8;O 0;K=0= F7;F AF4, 309<03 2O ;0:B>7040= I07K@;0=K@. "O@:818=4O O= 07K 25% 90L, O= G>EC 3% AC, O= 07K 51% ;0:B>70 >;C@. 0;9CB:0 3C@C AF4 30@KHKLK 95=8 4>LC;<CH CH03;0@K= 18@8=68 MF=F=4O= 10H;090@03 3 09K=04O: 3840;0=<0AK FGF= 8AB8D04O 548;8@. C 30@KHKLK= OA0AK=K AF4, 309<03, @0D8=04;0H4K@K;<KH 30@LK40;K 90LK, 45:AB@8=-<0;B>70 2O 28B0<8= :><?;5:A8 BOH:8; 548@. "O@:818=4O:8 OA0A 3840 <044O;O@8=O (7F;0;;0@, 90L;0@, 28B0<8=;O@ 2O A.) MN@O 0;9CB:0 3C@C AF4 30@KHKLK 0=0 AF4F=O 90EK=4K@. 100 3@ 0;9CB:0=K= BO@:818=4O 15 3@ 7F;0;, 25 3@ 90L, 52 3@ :0@1>I84@0B, 4 3@ <8=5@0; <044O;O@, > 6F<;O4O= 161 <3 0, 702 <3 , 604 <3 0, 375 <3 , 4,9 <3 $5 >;C@. 0;KH 3C@C AF4 30@KHKLK=40= 2-3 09;K340= 1 90H0 3O4O@ CH03;0@K= AF=8 3840;0=4K@K;<0AK=40 8AB8D04O >;C=C@. C=C= BO@:818=O AF4, HO:O@, <FEBO;8D C=;0@, 28B0<8=;O@ 2O 4O<8@-D>AD0B 30@KHKLK 30BK;K@. "O@:818=4O 90LK= <8340@K 25%-4O:, F<C<8 :0@1>I84@0B;0@ 51-52%, > 6F<;O4O= 23% HO:O@, 12% C= (30@010H03, 4F9F, 2O;O<8@ 2O A.), 22% 3;8A5@8=D>AD0B-4O<8@ 30@KHKLK 20@4K@. 8B0<8=;O@4O= <3%-;O:   0,15; 2  0,016;   4,4;   45;   1,90; 6  0,0558; 2  0,56; 1  0,26 20@4K@. 8B0;0:B 3C@C AF4 30@KHKLK I07K@;04K340 AF4 7F;0;K=K= <8340@K=K 0@BK@<03 FGF= AF4 7O@401K, MF=O10E0= 90LK ( 28B0<8=8 <O=1O98 :8<8),  2O 2 28B0<8=;O@8, 45:AB@8=-<0;B>70 30@KHKLK O;02O 548;8@. 04CH:0 3C@C AF4 30@KHKLK N7 BO@:818=O MN@O 0=0 AF4F=O 90EK=4K@. !F44O 7O@401 7F;0;;0@K=K= :0758=O =8A1OB8 1O@01O@48@. 9=8 70<0=40 AF4F O2O7548;<O7 4>9<0<KH 90L BC@HC;0@K 8;O 7O=M8=;OH48@<O: FGF= >=0 A0D;0H4K@K;<KH MF=O10E0= 90LK O;02O 548;8@. !>= 70<0=;0@ 0:K B860@OB8=4O E0@868 D8@<0;0@ BO@OD8=4O= 8AB5IA0; 548;<8H 18@ =5GO G5H844O, > 6F<;O4O= )8??(!F4;F 30@KHK3 )8?? 1, !F4;F 30@KHK3 )8?? 2, !F4;F 30@KHK3 )8?? 3, )8?>0;;53@5= 30@KHK3 ) ) 1, )8?>0;;53@5= 30@KHK3 ) ) 2 2O A.), )C<0=0, )58=7 2O 48MO@ 04;0@40 CH03 3840AK FGF= 3C@C AF4 <OIAC;;0@K A0BK;K@. )58=7 CH03 3840AK CH03;0@K= 6 09K=40= 15 09K=0 3O4O@ =O7O@4O BCBC;<CH4C@. C <OIAC;;0@K= G5H848 G>E4C@. C=;0@K= I07K@;0=<0AK=40 3C@C AF4 <OIAC;;0@K 8;O 90=0HK 4O=;8 18B:8;O@4O= (2O;O<8@, 4F9F,30@010H03, 1CL40, 30@LK40;K), <592O-M8;O<592O;O@4O=(10=0=, 0@<C4, 0;<0 ), BO@O2O7;O@4O= (95@:N:F, MF; :O;O<, 8A?0=03), B>9C3 OB8, 40=0 OB8, 10;K3 2O 48MO@ E0<<0;;0@40= 8AB8D04O >;C=C@. C <OIAC;;0@K= 1O78 G5H848 AF4AF7, HO:O@A87 2O 3;9CB5=A87 I07K@;0=K@. 0:8= CH03;0@K= =>@<0; 8=:8H0DK=K BO<8= 5B<O: <O3AO48;O <FB;O3 28B0<8=;O@(,  3@C?C, , ) 2O <8=5@0; <044O;O@;O(0, $5, = 2O *) 7O=M8=;OH48@8;8@. C <OIAC;;0@K= BO@:818=4O D>; BC@HCAC(6), ?0=B>B5= BC@HCAC(3), ;8=>; 2O ;8=>;5= BC@HC;0@K, <8=5@0; <044O;O@(, M, , 0) 20@4K@. O@O@A87;8: MNABO@868;O@8 ""-9O C9LC=4C@, GF=:8 BO@:818=4O AF=8 40425@868;O@ 2O 1>90 <044O;O@8, IO<G8=8= A8=B5B8: <>48D8:0A890 >;C=<CH :><?>=5=B;O@ 9>E4C@. C@C BC@HC4C;<CH AF4 <OIAC;;0@K=K (E0<0, 30BK3, :5D8@, 9>LC@B 2O A.) I07K@;04K340 =>@<0;0H4K@K;<KH 2O 30BK;0H4K@K;<KH 30@KHKL0 AF4 BC@HCAC=0 3K63K@40= 10:B5@80; <090 O;02O 548;8@ (5-15%) 2O 1400!-4O= 9F:AO: >;<090= B5<?5@0BC@40 3C@C4C;C@. C@CB  3C@C4C;<CH <8;;8 AF4 <OIAC;C4C@. C@CB I07K@;0<03 FGF= IO< 30BK3 2O IO< 4O 09@0= AF7<OA8=4O= 8AB8D04O 548;8@. O78 1N;MO;O@4O 3C@CBC H>@40= 40 I07K@;09K@;0@. C@CB I07K@;04K340 AF7<O 2O 90 H>@C= AC9C B0<0<8;O AF7F;F@, 30BK AF7<O9O G>E;C 4C7 2C@C;C@ (BOE<8=O= 6-8%), 90EHK60 30@KH4K@K;K@ 2O O; 8;O 9C<C@B0 1>940 9C<@C;0=K1, BO<87 ?0@G0 F7O@8=O 4F7F;F@. ">740= 2O 0B<>AD5@ G8@:;O@8=4O= <FI0D87O 5B<O: FGF= 9C<@C;0@K= F7O@8=O BO=78D 2O 90 0L ?0@G0 N@BF1, 0GK3 I02040 C7C= <F44OB A0E;09K@, 40H :8<8 1O@:89O=O 3O4O@ 3C@C4C@;0@. C@CBC B>@1090 9KLK1 AO@8= 95@4O C7C= <F44OB A0E;0<03 >;0@. 07K< >;4C340 3C@CB 8A;04K;K1 E8=M0; 2O O@8HBO 8;O 9598;8@. C=40= 3C@CB0HK, :O@O:>>H 2O A. EN@O:;O@ 4O 18H8@8;8@. C@C AF4F= :59D899OB MNABO@868;O@8. O@0:O=4O B860@OB4O A0B<03, :FB;O28 80HO4O 2O 5;O6O 4O AF4 702>4;0@K=40 1O@?0 548;<8H <OIAC;;0@K 8AB5IA0; 5B<O: FGF= 90;=K7 B>7;0=4K@<0 FAC;C 8;O I07K@;0=<KH O;0 A>@B 3C@C AF44O= 8AB8D04O >;C=C@. @30=>;5?B8:8 MNABO@868;O@8=O MN@O 3C@C AF4 0H0LK40:K BO;O10B0 60201 25@<O;848@. 04K 2O OB@8. ">7;0=<0 FAC;C 8;O 0;K=<KH O;0 A>@B 3C@C AF4F= 404K BO<87 ?0AB5@87O >;C=<CH AF4F= 404K=K 25@<O;848@. >=B0:B FAC;;0 3C@C4C;<CH AF4 8AO 3C@C B>7 >;C1 309=0=<KH AF4F= 404K=K 25@<O;848@. >=A8AB5=A890AK. ">7;0=<0 FAC;C 8;O 0;K=<KH 3C@C AF4 B>740= 2O 90EC4 EK@40 B>7 I8AAO68:;O@8=4O=, :>=B0:B FAC;;0 3C@C4C;<CH AF4 8AO B>740= 2O 90EC4 EK@40 ?O@4OHO:8;;8 B>740= 810@OB >;<0;K4K@. O=M8. ">7;0=<0 FAC;C 8;O 0;K=<KH 3C@C AF4 0L, 9F=MF;6O :@5<20@8, :>=B0:B FAC;;0 0;K=<KH 3C@C AF4F= @O=M8 8AO :@5<20@8 >;<0;K4K@. C@C AF44O ?89 404K >;<0<0;K4K@. C =N3A0= :>=B0:B FAC;;0 3C@C4C;<CH AF4F= 90LK=K= >:A84;OH<OA8 =OB86OA8=4O 10H 25@8@. C=C= 30@HKAK=K 0;<03 FGF= AF4 20:CC< 0;BK=40 301;0H4K@K;<0;K4K@. !F44O 30EAK<KH 2O :O=0@ 404K= >;<0AK =N3A0= A09K;K@. C, AF4F= M5@<5B8: >;<090= B0@040 A0E;0=<0AK 2O 90EC4 40 3C@C AF4 A0E;0=K;0= 0=10@40 @FBC1OB8= 0@BK3 >;<0AK =OB86OA8=4O 10H 25@8@. !F4F= IO;; >;<0 3018;899OB8=8= 0H0LK 4FH<OA8. C, AF4F 3C@C40= 70<0= B5<?5@0BC@C= 0@BK3 >;<0AK 2O 90EC4 3C@C AF4F= =O<;O=<OA8 =OB86OA8=4O 10H 25@8@. C@C AF4F= @O=M8=8= BF=4;OH<OA8. C =N3A0= 3C@C AF4F= C7C= <F44OB M5@<5B8: >;<090= B0@040 A0E;0=<0AK 2O 90EC4 =O<;898 G>E >;0= 0=10@40 A0E;0=<0AK =OB86OA8=4O 10H 25@8@ :8, 1C 40 AF44O <5;0=>84;O@ O<O;O MO;<OA8=O AO1O1 >;C@. 1-68 A>@B AF4 B860@OB 2O 86B8<08 80HO BOH:8;0B;0@K=0 MN=4O@8;<8@. , 90;=K7 9598=B8 AO=095A8=8= 10H30 A0IO;O@8=4O <FEBO;8D 9598=B8 <OIAC;;0@K 8AB5IA0;K FGF= MN=4O@8;8@. C@C 309<03 =>@<0;0H4K@K;<KH 30BK;0H4K@K;<KH 309<0LK= B>7;0=<0 FAC;C 8;O 3C@C4C;<0AK=40= 0;K=K@. /A0A :59D899OB MNABO@868;O@8=O MN@O 3C@C 309<03 O;0 2O 1-68 A>@B0 09@K;K@. )8AA F72;O@8 20A8BOA8;O BO98= >;C=0= MNABO@868;O@8=O MN@O 3C@C 309<03 0H0LK40:K BO;O10B0 60201 25@<O;848@. 04K 2O OB@8 O;0 A>@B40 N7F=O<OEACA ?0AB5@87O >;C=<CH 309<0LK= 404K=K 25@<O;8, :O=0@ 89 2O 404 25@<O<O;848@. 1-68 A>@B40 ?0AB5@87O >;C=<CH 309<0LK= 404K=K 25@<O:;O, 0706K3 95<, 7O8D ?89 404K=K= >;<0AK=0 9>; 25@8;8@. C@C AF4 <OIAC;;0@K=K= A0E;0=K;<0AK. C@C AF4 <OIAC;;0@K 1 :3-4O: :FB;O4O BO=O:O 2O :><18=O;OH<8H 10=:0;0@0, 0;F<8=8C< D>;3040= 2O ?>;85B8;5=4O= ?0:5B;O@O, AOBI8=O ?O@4O GO:8;<8H ?0G:0;0@0 2O 8GO@8A8=O A5;;>D0= AO@8;<8H :0@>1:0;0@0 301;0H4K@K;K@. !O=095 5<0;K FGF= =O7O@4O BCBC;0= 3C@C AF4 <OIAC;;0@K=K 25-30 :3 :FB;O4O =O3;8990B B0@0AK=0 (:@0DB :0LK740= :8AO;O@O, 40E8;4O= ?>;85B8;5= :8AO, A5;;>D0= :8AO 2O ?5@30<5=B AO@8;<8H D0=5@ GO;;O:;O@O) 301;0H4K@K;K@. C@C AF4 <OIAC;;0@K=K= OA0A E0AAO;O@8=O >=;0@K= I83@>A:>?8:;898 084 548;8@. C@C AF4 <OIAC;;0@K E0@868 I02040= AC 1CE0@K=K C4C@ 2O =O<;898 15%-O 3O4O@ 0@B0 18;8@. =0 MN@O 4O 3C@C AF4 <OIAC;;0@K=K <FB;O3 AC 1CE0@K 1C@0E<090= B0@0;0@0 301;0H4K@<03 ;07K<4K@. C@C AF4F= =O<;898=8= 0@B<0AK AO@1OAB AC9C= O<O;O MO;<OA8=O AO1O1 >;C@. C 8AO 3C@C AF4F= :OAO:;O=<OA8=O 2O >=C= IO;;>;<0 3018;899OB8=8= 0H0LK 4FH<OA8=O AO1O1 >;C@. ">7;0=4K@<0 FAC;C 8;O I07K@;0=0= 3C@C AF4F= I83@>A:>?8:;898 :>=B0:B FAC;C 8;O I07K@;0=0= 3C@C AF44O= G>E4C@. 'F=:8 >=C= BO@:818=4O BO188 0;1C<8=8= <8340@K 40I0 G>E4C@. C@C AF4 <OIAC;;0@K FGF= 30;03 :FB;O=8= 1N9F: OIO<899OB8 20@. 48 3C@C4C;<CH AF4F= IO6< :FB;OA8 610 3/; >;4CLC I0;40 B57 IO;;>;0= AF4F= IO6< :FB;OA8 490 3/;8B@48@. 8AO;O@4O A0E;0=K;0= 2O HB015; 30940AK=40 9KLK;0= <OIAC;C= IO6< :FB;OA8 0@BK@, GF=:8 3C@C AF4 4O=O68:;O@8 AKEK;K@ 2O 18@;OH81 :OAO:;OH8@. 5;O AF4F= 1O@?0 >;C=<0 D0878 070;K@. C@C AF4 <OIAC;;0@K=K= A0E;0=K;<0 <F44OB8 B5<?5@0BC@40= 2O 301;0H4K@K;4KLK B0@0=K= =N2F=4O= 0AK;K4K@. C@C AF4 <OIAC;;0@K=K 1-100!-4O M5@<5B8: B0@040 8 09, 359@8-M5@<5B8: B0@040 200!-4O= 9F:AO: >;<090= B5<?5@0BC@40 3 09 A0E;0<03 >;0@. 8A18 @FBC1OB 75%-4O= G>E >;<0<0;K4K@. 7.8. / / ,+ O@O 90LK 3O48<4O= 8=A0=;0@ BO@OD8=4O= 8AB8D04O 548;O= 389<OB;8 9598=B8 <OIAC;C4C@. =C= 3840;K;K3 4O9O@8 BO@:818=4O E0;8A 90LK= G>E >;<0AK=40= 8@O;8 MO;8@. !F4 90LK=40 4>9<CH 2O 4>9<0<KH 90L BC@HC;0@K 20@4K@. C=;0@ >@30=87<4O M54O= :0@1>I84@0B-90L <F1048;OA8=4O 8HB8@0: 5B<O:;O, E>;5AB5@8= <F1048;OA8=8 4O =870<;09K@. 20-4O= G>E G5H844O :O@O 90LK 8AB5IA0; 548;8@. C=;0@K= BO@:818=4O 52-82,5% 90L, 16-35% AC, 1-13% 90LAK7 3C@C AF4 30;KLK 20@4K@. /=O=O28 :O@O 90LK=K= BO@:818=4O 82,5% 90L, 16%-4O= 07 >;<090@03 AC, 1-1,9% 90LAK7 3C@C 30;KLK 20@4K@. 5;O 90L 9F:AO: 5=5@J8 4O9O@8=O <0;8: >;<03;0 8=A0= >@30=87<8=4O 97%, 3C@C AF4 30;KLK 8AO 94,1% <O=8<AO=8;8@. O@O 90LK=40 7F;0;;0@, <8=5@0; <044O;O@, AF4 HO:O@8 - ;0:B>70 2O 90L40 IO;; >;0= 28B0<8=;O@ (, , ) 20@4K@. O@O 90LK=40 0,4-1,1 <3%  28B0<8=8, 0,3-0,5 <3%  28B0<8=8, 0,2-0,3 <3% (- :0@>B8=, 0,1-0,2 <3% , IO<G8=8= 1, 2,  28B0<8=;O@8, D>AD0B84;O@ 2O 48MO@ 18>;>J8 DO0; <044O;O@ 20@4K@. 100 3@0< :O@O 90LK=40 <8=5@0; <044O;O@8= <8340@K <3-;0: -23, -74, 0-22, M-3, -19, $5-0,2-48@. $>AD0B84;O@4O= ;5A8B8= 2O :5D0;8=, AB5@8=;O@4O= E>;5AB5@8= 2O 5@3>AB5@8= 20@4K@. O@O 90LK 8AB5IA0;K FGF= OA0A E0<<0; BO@:818=4O O= 07K 25%, O= G>EC 45% 90LK >;0= 309<034K@. 09<03 <FB;O3 ?0AB5@87O >;C=<0;K4K@. (8@8= 309<03 :O@OA8 8AB5IA0; 5B48:4O 309<03 ?0AB5@87O >;C=C@, 95B8H48@8;8@ 2O 18@ 10H0 90LK= I07K@;0=<0AK=0 25@8;8@. "C@H 309<03 :O@OA8 8AB5IA0;K=40 8AO 309<03 AF4 BC@HCAC=0 3K63K@40= 10:B5@890;0@K= BO<87 :C;BC@0AK 8;O <090;0=K@. 09<0LK= 90L;K;KLK=40= 0AK;K >;0@03 >=C= BC@HC;CLC 36-40>" >;C@. O@O 90LK OA0AO= 8:8 FAC;;0 8AB5IA0; 548;8@. "O@:818=4O 25-45% 90L >;0= 309<0340= G0;E0;0<0 FAC;C 8;O :O@O 90LK=K= D0A8;O;8 2O D0A8;OA87 FAC;;0@;0 8AB5IA0;K. "O@:818=4O 82,5 % 90LK >;0= 9F:AO: 90L;K 309<0340= 0EK= EOBB8=4O :O@O 90LK=K= 8AB5IA0;K. C FAC;C= FABF= 6OIOB8 >=40= 810@OB48@ :8, 8AB5IA0; ?@>A5A8 20-30 4O383O9O 10H0 G0BK@. O@O 90LK 8AB5IA0;K=K= F<C<8 B5E=>;>J8 O<O;8990B;0@K 0H0LK40:K 0@4K6K;;K3;0 M548@: - 309<0LK= 85-90>!-4O ?0AB5@87O 548;<OA8; - 309<0LK= 1-8>!-9O 3O4O@ A>9C4C;<0AK; - 309<0LK= 95B8H48@8;<OA8(1,5-6>!4O 90940 2-12 A00B, 3KH40 1-6 A00B); - BC@H :O@O 90LK FGF= 309<0LK= BC@HC4C;<0AK; - 309<0LK= @O=M;O=<OA8(OA0AO= 3KH <N2AF<F=4O, 309<0L0 E>H A0@K<BK; @O=M 25@<O: FGF= >=0 >@;50= 1>90 <044OA8 O;02O 548;8@); - 309<0LK= G0;E0;0=<0AK(907-909 <N2AF<F=4O 33-35%-;8 309<0LK 8-10>!-4O, ?09K7-3KH <N2AF<F=4O 10-14>!-4O); - :O@O 90LK=K= 9C9C;<0AK; - :O@O 90LK=K= 4C7;0=<0AK(4C7;C :O@O 90LK=0 0,8-1,0% 4C7 30BK;K@); - :O@O 90LK=40 =O<;898= BO=78< >;C=<0AK; - :O@O 90LK=K= I5<>M5=;OH48@8;<OA8; - 301;0H4K@K;<0AK 2O <0@:0;0=<0AK. O@O 90LK=K= 0EK= FAC;C 8;O 8AB5IA0;K 0H0LK40:K 0@4K6K;;K3;0 M548@: - AF4F= 3O1C;C 2O A5?5@0B>@40= :5G8@8;<OA8; - 32-35%-;8 309<0LK= 0;K=<0AK; - 309<0LK= 85-90>!-4O(1O7O= 92-95>!-4O) ?0AB5@87O 548;<OA8; - 9F:AO: 90L;K 309<0LK= 0;K=<0AK(=O<;898 15,2%, 90L;K;KLK 82,5-83%); - 9F:AO: 90L;K 309<0LK= =>@<0;0H4K@K;<0AK; - :O@O 90LK=K= 0EK= EOBB8=4O I07K@;0=<0AK(90L I07K@;090= 0?0@0B40= GKE0= 90LK= B5<?5@0BC@C 13-15>! >;C@; - :O@O 90LK=K= <5E0=8:8 5<0;K, 301;0H4K@K;<0AK 2O <0@:0;0=<0AK. )O@ 8:8 FAC;40 1FBF= ?@>A5A;O@O 4F7MF= O<O; 548;<OA8 9F:AO: :59D899OB;8 :O@O 90LK 0;K=<0AK=0 8<:0= 25@8@. O@O 90LK BO@:818=4O= 2O 8AB5IA0; B5E=>;>M890AK=40= 0AK;K >;0@03 0H0LK40:K :8<8 BOA=8D;OH48@8;8@: 1. !F4 309<0LK=40= I07K@;0=0= :O@O 90L;0@K. 1.1. "O7O 309<0340= I07K@;0=0= H8@8= :O@O 90LK. O<;898 16%-4O= 0@BK3 >;<0<0;K4K@, 4C7AC7 2O 4C7;C (1,5%) 8AB5IA0; 548;8@. %0;8A 90LK= <8340@K <F20D83 >;0@03 82,5 2O 81,5%-48@. 1.2. "O7O 9F:AO: :59D899OB;8 309<0LK 9F:AO: B5<?5@0BC@40 (95-980!-4O) ?0AB5@87O 5B<O:;O I07K@;0=0= >;>340 :O@O 90LK. C 90L 9F:AO: B5<?5@0BC@40 ?0AB5@870A890 =OB86OA8=4O N7F=O<OEACA 3>7 404K 25@8@, 4C7AC7 8AB5IA0; 548;8@, =O<;898 16%-4O= G>E, E0;8A 90LK 82,5%-4O= 07 >;<0<0;K4K@. 1.3. "O7O ?0AB5@87O 548;<8H 309<0L0 AF4 BC@HCAC=0 3K63K@40= 2O OB8@ O<O;O MOB8@O= 10:B5@890;0@K >;0= 10:B5@80; <090 O;02O 5B<O:;O I07K@;0=0= BC@H :O@O 90LK. O<;898 16%-4O= 0@BK3 >;<0<0;K4K@, 4C7AC7 2O 4C7;C (1,5%) 8AB5IA0; 548;8@. %0;8A 90LK= <8340@K <F20D83 >;0@03 82,5 2O 81,5%-48@. 1.4. O<;898 2O 90LAK7 3C@C 30;KLK () 9F:AO: >;0= (20%) IO2OA:0@ :O@O 90LK. 04K H8@8= 2O BC@H, 4C7AC7 2O 4C7;C (1,5%) >;C@. O<;898 20%-4O= G>E >;<0<0;K4K@. %0;8A 90LK= <8340@K <F20D83 >;0@03 78-77%-48@. 1.5. O=4 :O@O 90LK=K= BO@:818=4O 25%-4O: =O<;8:, 2,5%  >;C@. 04K H8@8= 2O BC@H, 4C7AC7 2O 4C7;C (1,5%) 8AB5IA0; 548;8@. %0;8A 90LK= <8340@K 71-72,5%-48@. OI@87 :O@O 90LK=K= BO@:818=4O 82,5% E0;8A 90L, > 6F<;O4O= 25% 18B:8 90LK >;C@. O<;898 16%,  1,5%-48@. 1.6. /;02O;8 90L;0@. C 3@C?0 (>:>;04;K (62% 90L, 16% =O<;8:, 18% HO:O@, 2,5% :0:0> B>7C), 0;;K (52% 90L, 18% =O<;8:, 25% 10; 2O 90 HO:O@, 4% ), 592O;8 (62% 90L, 18% =O<;8:, 16% HO:O@, 4% ), IO<G8=8= OI2O;8, 0:0>;C, -8;O<592O;8 2O A. 90L;0@ 08448@. C 3@C?0 H8@8= 2O BC@H CB5@1@>B 90LK (62,5% 90L, 35% =O<;8:, 3% ), G09 :O@OA8 (60% 90L, 27% =O<;8:, 13% ), 0@>A;02 :O@OA8 (52% 90L, 30% =O<;8:, 14,2% ), 5A5@B :O@OA8 (65% 90L, 26% =O<;8:, 9% ), @5<; :O@OA8 2O 48MO@ :O@O 90L;0@K 40 08448@. 2. F:AO: B5<?5@0BC@40 5<0; 548;O= 90L;0@. 2.1. AB8 5<0;40= (270!-4O) :5G8@8;81 <5B0; 301;0@0 301;0H4K@K;0= O@M8= :O@O 90LK. 2.2. F:AO: B5<?5@0BC@40 9F:AO: 90L;K;KLK >;0= 309<0LK 5<0; 5B<O:;O <5B0; 301;0@0 301;0H4K@K;0= AB5@8;87O 548;81 (1200!-4O 45 4O3) A>9C4C;<CH :O@O 90LK. 5;O 90LK 6 0940= 12 090 3O4O@ =870<;0=<090= B5<?5@0BC@40 A0E;0<03 >;0@. 2.3. F:AO: 90L;K;KLK >;0= 309<0LK= <O@IO;O;O@;O ?0AB5@87O 548;<OA8 2O 20:CC< HO@08B4O <5B0; 301;0@0 301;0H4K@K;<0AK 8;O I07K@;0=0= ?0AB5@87O 548;<8H :O@O 90LK. 2.4. H0LK :59D899OB;8 2O 9KL<0 90L;0@K O@8B<O:;O 8AB5IA0; >;C=<CH, BO@:818=4O 98% AF4 90LK >;0= O@848;<8H :O@O 90LK. O<;898 2%-4O= G>E >;<0<0;K4K@. 2.5. O@?0 548;<8H 90L. 2.6. !0D;0H4K@K;<KH 2O 90 AF4 90LK. 3. O@401 :O@O 90LK  7O@401 309<0LK=40= I07K@;0=K@, H8@8=, BC@H, 4C7AC7 2O 4C7;C 8AB5IA0; 548;8@. "O@:818=4O E0;8A 90LK 72,5%, =O<;898 25%-48@. C BOA=8D0B 5;<8 6OIOB4O= OA0A;0=4K@K;<KH >;A0 40 B860@OB4O 15;O 1N;MF=F= 0?0@K;<0AK GOB8=;8: BN@O48@. =0 MN@O 4O B860@OB4O :O@O 90LK=K =N2;O@O 09K@K@;0@. "860@OBO 1C@0EK;0= :O@O 90L;0@K=K= =N2;O@8 0H0LK40:K :8<8 04;0=K@. C7;C 2O 4C7AC7 H8@8= 309<03 :O@OA8, >;>340 :O@OA8, 4C7;C 2O 4C7AC7 BC@H 309<03 :O@OA8, H8@8= 2O BC@H 309<0340= I07K@;0=0= :AB@0 :O@O 90LK, 9F:AO: <8340@40 AF4 ?;07<0AK >;0= )O2OA:0@, O=4;8 2O CB5@1@>B :O@O 90L;0@K, AF4 90LK=K= 38A<O= (20-32%) 18B:8 90LK 8;O O2O7 >;C=<0AK=40= 0;K=0= OI@87, #H03, %FACA8, @5<; 2O !;0290= :O@O 90L;0@K, AF4;F-7F;0;;K O;02O;O@;O I07K@;0=0= '09 FGF=, 2 FGF=, 09<03;K ?0AB0, HE0=0 2O 5=48@;8 :O@O 90L;0@K, 40425@868 2O 10H30 O;02O;O@;O I07K@;0=0= 5A5@B, (>:>;04;K 45A5@B, 0;;K, 592O;8, -8;O<592O;8, (>:>;04;K, OI2O;8, 0:0>;C 2O A. :O@O 90L;0@K, :>=A5@2;OH48@8;<8H O@M8=, AB5@8;87O 548;<8H 2O ?0AB5@87O 548;<8H :O@O 90L;0@K 2O O@848;<8H :O@O 90LK. C 90L;0@K= BO@:818, OA0AO= 90LK= 2O AC9C= <8340@K <F20D83 AB0=40@B;0@40 =>@<0;0H4K@K;K@. O@O 90LK=K= >@30=>;5?B8:8 MNABO@868;O@8. O@O 90LK=K= 2 A>@BC: O;0 2O 1-68 A>@BC 20@. O78 90L;0@ O=4 90LK, >;>340 90LK, (>:>;04;K 2O A. A>@B;0@0 09@K;<K@. O@O 90LK >@30=>;5?B8:8 MNABO@868;O@8=O MN@O 100 10;; A8AB5<8 8;O 389<OB;O=8@. 0;;0@K= 6O<8 2O OA0AO= 404 2O 898=8= 10;; 389<OB8 O<BOO A>@BC=C BO98= 548@. 04 2O OB@8  90LK= N7 =N2F=O E0A 2O BO<87 >;<0;K, I5G 18@ :O=0@ 404 2O 89 25@<O<O;848@. >=A8AB5=A890AK  :O@O 90LK 10-12>!-4O 1O@:, 18@68=A;8, :OA898 ?0@K;BK;K, 3C@C, 90EC4 EK@40 AC 40<6K;K >;<0;K4K@. /@8=<8H 90LK= :>=A8AB5=A890AK 9C<H03, 4O=O2O@, O@848;<8H I0;40 HODD0D 2O GN:F=BFAF7 >;<0;K4K@. O=M8  90L :FB;OA8=8= IO@ 95@8=4O 7O@8D A0@K >;<0;K4K@. 04 2O 898=O 50 10;;, :>=A8AB5=A890 2O E0@868 MN@F=FHF=O 25 10;;, @O=M8=O 5 10;;, 301;0H4K@K;<0AK=0 2O <0@:0;0=<0AK=0 10 10;;, 4C7;0=<0AK=0 10 10;; 389<OB 25@8;8@. )O@ 18@ MNABO@8689O MN@O 25@8;<8H 10; 389<OB;O@8 B>?;0=K@ 2O =OB86O9O MN@O 90LK= O<BOO A>@BC <FO99O= 548;8@. /MO@ 90L 100-88 10;;0, > 6F<;O4O= 404 2O OB@8 O= 07K 41 10;;0 389<OB;O=48@8;<8HAO, 90L O;0 A>@B0, 87-80 10;;0, > 6F<;O4O= 404 2O OB@8 O= 07K 37 10;;0 389<OB;O=48@8;<8HAO, 90L 18@8=68 O<BOO A>@BC=0 084 548;8@.(8@8= 309<03, BC@H 309<03 2O IO2OA:0@ :O@O 90L;0@K O<BOO A>@B;0@K=0 09@K;K@. : O@O 90L0 E0A >;0= ;07K<8 3O4O@ BO<87 404K >;<090=, 89;O=<8H, 3>EC<CH, :8D;O=<8H 404 2O 898 >;0= 90L;0@ :0D8 389<OBO ;0983 MN@F;F@. H0LK40:K 3FAC@;0@K >;0= :O@O 90LK A0BKH0 1C@0EK;<K@: - FDC=OB;8, 06K;0H<KH, 10;K3 2O :8D 404K 2O ?89;8, IO<G8=8= =5DB <OIAC;;0@K 2O :8<9O28 <044O;O@8= 898 2O 404K >;0= :O@O 90LK; - :OA:8= 95< 404 2O 898;8, 06K, FDC=OB;8, 90=K3, BFABF, <5B0;, ?89BOIO@ 2O >;58= BC@HCAC 404K 2O 898 >;0= :O@O 90L;0@K. - 40E8;8 :8D;O=<8H 90L A0BKH0 1C@0EK;<K@; - OMO@ 90LK= F7O@8 :8D;O=<8HAO, BO<87;O=<O<8H A0BKH0 25@8;<8@. O@O 90LK=K= OA0A D878:8-:8<9O28 MNABO@868;O@8 AB0=40@B;0@40 =>@<0;0H4K@K;0= =O<;8: 2O 90LK= D087;O <8340@K4K@. 0:8= :O@O 90LK=40 BC@HC;C3, 90LAK7 3C@C 30;K3(), HO:O@ O;02O 548;<8H 90L40 HO:O@8=, 10; O;02O;84O 10;K= 2O H>:>;04;K :O@O 90LK=40 :0:0>=C= <8340@K 3F22O4O >;0= AB0=40@B;0@40 =>@<0;0H4K@K;K@. 0L;0@K= BC@HC;CLC 2O 90L ?;07<0AK=K= )-K 0H0LK40:K :8<8 >;<0;K4K@. >;>340 90LK FGF= 220"-4O= G>E >;<07. 0L ?;07<0AK=K= )-K 6,31-4O= 07 >;<0<0;K4K@. FBF= H8@8= 309<03 :O@OA8=4O BC@HC;C3 220"-4O= G>E >;<07, 90L ?;07<0AK=K= )-K 6,25-4O= 07 >;<0<0;K4K@. FBF= BC@H 309<03 :O@OA8=4O BC@HC;C3 26-550" 0@0AK=404K@. ) 6,12-4,50 0@0AK=40 >;<0;K4K@. O@O 90LK=K= 8AB5IA0;K=40 :59D899OBA87 E0<<0;40= (E0<0, 4C7, AC 2O 48MO@ O;02O;O@) 8AB8D04O 548;48:4O 2O B5E=>;>J8 O<O;8990B;0@0 4F7MF= O<O; 548;<O48:4O 90L40 0H0LK40:K 3FAC@;0@ >;0 18;O@. 5< 404K  AF4O, 309<0L0 2O :O@O 90LK=0 95<4O= EFACA8 404 2O OB8@ 25@O= <044O;O@8= (A>L0=, A0@K<A03 2O A.), > 6F<;O4O= 0;:0;>84;O@8= 2O 5D8@;O@8= :5G<OA8 =OB86OA8=4O <FH0I84O 548;8@. 04 2O 898= A0D >;<0<0AK  <8:@>1;0@K= IO90B DO0;899OB8 =OB86OA8=4O :O@O 90LK=K= BO@:81 I8AAOA8=4O 4O98H8:;8:;O@8= 10H;0=<0AK <O@IO;OA8=8 MNABO@8@. 5=48@ 2O GF@F<O 404K  ?@>B5070 D5@<5=B8=8= 2O GF@F4F6F <8:@>1;0@K= BOA8@8 8;O 7F;0;;0@K= I84@>;878 2O ?0@G0;0=<0AK =OB86OA8=4O <FH0I84O 548;8@. 6K 404  7F;0;;0@K= ?0@G0;0=<0AK=40= ?5?B>=;0@K= O<O;O MO;<OA8, 90LK 4C7;090=40 <03=578C< 4C7;0@K=K= 4FH<OA8 2O AF4O 18B:8 3;F:>784;O@8=8= :5G<OA8 =OB86OA8=4O <FH0I84O 548;8@. 5B0; 404K  3FAC@C=0 90L ?;07<0AK=40 4O<8@ 2O <8A 4C7;0@K=K= IO;; >;<0AK, ?8A 30;09;0=<KH 301 2O 0?0@0B;0@40 309<0LK= C7C= <F44OB A0E;0=K;<0AK AO1O1 >;C@. 89 404K  3FAC@C=0 >;58= BC@HCAC=C= >:A84;OH<OA8=4O= 48>:A8AB50@8= BC@HCAC=C= O<O;O MO;<OA8 AO1O1 >;C@. 0L40= 4>=C7 ?898=8= 898 MO;8@. ;58= 404K  3FAC@C=0 AF4 90LK=40 >;0= ;8=>; BC@HCAC=C= >:A84;OH<OA8 2O 90L ?;07<0AK=40 IO;; >;0= 07>B;C 18@;OH<O;O@8= <8340@K=K= 0@B<0AK AO1O1 >;C@. 09<0LK 9F:AO: 4O@O6O4O BC@HCB4C340 10H 25@8@. 0LK= 06K;0H<0AK=0 AO1O1 90LK= I84@>;8B8: ?0@G0;0=K1 >:A84;OHO@O: 0;45I84;O@, :5B>=;0@ 2O <FEBO;8D EK@40 <>;5:C;;C 90L BC@HC;0@K=K= O<O;O MO;<OA848@. (B0DD (F74O= >:A84;OH<O) 3FAC@C AF4 90LK=K= ?>;8<5@;OH<OA8, 90LK= AOBI8=4O BC@HC;CLC=, ?5@>:A84 O4O48=8= 2O IO;; >;0= 07>B;C 18@;OH<O;O@8= 0@B<0AK =OB86OA8=4O 10H 25@8@. 2E0;0=0= :O@O 90LK 3FAC@C B5E=>;>J8 O<O;8990B;0@0, EFACAO= B5<?5@0BC@ @5J8<8=O 4F7MF= O<O; 5B<O48:4O 10H 25@8@. 89;OH<O 3FAC@C 90LK= <095 D@0:A890AK=K= 0@BK3 09@K;<0AK 2O >=C= EK@40 :@8AB0;;K 3C@C;CH40 90L :@8AB0;6K3;0@K AOBI8=O 909K;<0AK4K@. C=;0@40= 10H30 90LK= 4C7;0=<0AK=40, 9C9C;<0AK=40, @O=M8=4O, 301;0H4K@K;<0AK=40 2O <0@:0;0=<0AK=40 40 3FAC@;0@ >;0 18;O@. O@O 90LK=K= A0E;0=K;<0AK.=O: 90LK =5BB> :FB;OA8 47 2O 94 :3 >;0= GO;;O:;O@O 2O 90 =5BB> :FB;OA8 25,4 :3, 24 :3 2O 20 :3 >;0= 95H8:;O@O 301;0H4K@K;K@. O@0:O=4O B860@OB FGF= 8=O: 90LK 100 3-40= 500 3-0 3O4O@ :FB;O4O GO:8;81-1F:F;F@. 01;0H4K@<0=K= 4F7MF= 0?0@K;<0AK 90LK= :59D899OB8=O 2O A0E;0=4K340 4020<;K;KLK=0 BOA8@ 548@. =O: 90LK=K= 301;0H4K@K;<0AK ?@>A5A8 B0@0=K= I07K@;0=<0AK=40=, >=C= 90L 8;O 4>;4C@C;<0AK=40=, :O@O=8= GO:8;<OA8=4O=, B0@0=K= 0L7K=K= 1O@:848;<OA8=4O= 2O <0@:0;0=<0AK=40= 810@OB >;C@. 'O:8;81 301;0H4K@K;<0<KH H>:>;04;K 90L 90 E0;8A :FB;OA8 24 :3 >;0= 95H8:;O@4O, 90 12 2O 6 :3 :FB;O4O :O@?86 HO:;8=4O 2O 6 :3-0 3O4O@ :FB;O4O 30;09;K BO=O:O 10=:0;0@40 2O 90 ;0:;K BO=O:O 10=:0;0@40 A0BKH0 1C@0EK;K@. (OIO@ 40E8;8=4O 40HK=0=40 1C 90LK :0@B>= 3CBC;0@0 301;0H4K@<0L0 8607O 25@8;8@. /@8=<8H 90L;0@ <0L070;0@0 300 2O 450 3@ :FB;O4O HFHO 10=:0;0@40 2O 90 50-100 :3-;K3 GO;;O:;O@4O 25@8;8@. =O: 90LK 301;0H4K@K;<KH B0@0=K 8AB5IA0; <FOAA8AOA8=4O 2O 90 107040 <0@:0;09K@;0@. !B0=40@B 95H8:;O@O 2O GO;;O:;O@O 301;0H4K@K;<KH 90LK 0H0LK40:K 30940 8;O <0@:0;09K@;0@. 'O;;O:;O@O 2O 95H8:;O@O 2C@C;0= HB0<?40 702>4C= =N<@OA8, =5I@O=8= (O@8=<8H 90L40 3070=K=) AK@0 =N<@OA8, GO;;O: 2O 90 95H898= AK@0 =N<@OA8 2O 90LK= 8AB5IA0; >;C=4CLC B0@8E 907K;K@. C@040 IO<G8=8= 90L ?0@B890AK=K= 8AB5IA0;K=0 <OAC; >;0= CAB0=K= D0<8;890AK MNABO@8;8@. 07040 2O 90 A>9C4C6C40 B0@0=K= 0H0LK40:K 30940 8;O <0@:0;0=<0AK 3O1C; 548;<8H48@. 'O;;O: 2O 90 95H898= 30?0LK=0 D8@<0 <0@:0AK >;0= B@0D0@5B 2C@C;C@ :8, 1C=40 :O@O=8= A>@BC 2O =N2F MNABO@8;8@, D8@<0 <0@:0AK=K= A>; BO@OD8=4O >@B0 FDF38 EOBB F7O@8=4O BO40@F: <O=BO3OA8=8= =N<@OA8, FDF38 EOBB8= 0;BK=40 8AO 203>= ?0@B890AK=K= =N<@OA8 MNABO@8;8@. O@0:O=4O A0BKH FGF= 8=O: 90LK=K D>@<090 A0;0= EFACA8 <0HK=;0@40 GO:8;O@8 100, 125, 250 2O 500 3@ >;0= :O@?86 HO:;8=4O 4>L@0=K1 ?5@30<5=BO 1F:F@;O@. C@040 <0@:0;0=<0 ?5@30<5=B :0LK7K F7O@8=4O B8?>3@0D890 FAC;C 8;O G0? 548;8@ 2O 0H0LK40:K;0@ 907K;K@: 90LK= =N2F, A>@BC, =5BB> :FB;OA8, GO:8;81-1F:F;<OA8 B0@8E8, AB0=40@BK= =N<@OA8, HB@8E:>4, A0E;0=K;<0 HO@08B8 2O <F44OB8 MNABO@8;8@. 5H8:;O@O 2O 90 GO;;O:;O@O 301;0H4K@K;<KH :O@O 702>4C= 0=10@K=0 3>9C;C@, >@040 >=C 107090 2O 90 A>9C4C6C90 MN=4O@O=O :8<8 A0E;09K@;0@. /MO@ 90L 0=10@K=40 <O=D8 B5<?5@0BC@ BO<8= 548;<O<8HAO, :O@O=8 702>440 5 MF=4O= 0@BK3 A0E;0<0L0 8607O 25@8;<8@. 0L 0=10@K=40 B5<?5@0BC@ -40 ( -60! IO448=4O, =8A18 @FBC1OB8 8AO 80%-4O= G>E >;<0<0;K4K@. )020=K= A8@:C;90A890AK=K BO<8= 5B<O: 2O 95H8:;O@8= 4818=8= =O<;OH<OA8=8= 30@HKAK=K 0;<03 FGF= 8G8=4O 8=O: 90LK >;0= 95H8:;O@8 <0; 0;B;KLK (HO1O:O;8) F7O@8=O, 90L 0=10@;0@K=K= 4820@K=40= 2O 18@-18@8=4O= 10-15 A< 0@0;K 3>9C@;0@. =O: 90LK=K 702>4;0@40= 107090 40HK90=40 95H8: 2O 90 GO;;O:;O@8 90LKH40=, B>740= 2O 8A8=<O:4O= 3>@C<03 ;07K<4K@. 0940 8=O: 90LK=K I020=K= B5<?5@0BC@C O= 0;G03 >;0= 20EB;0@40  M56O 2O 90 AOIO@ 5@:O= 40HK9K@;0@. O@O=8 40HK<03 FGF= B57 E0@01 >;0= <OIAC;;0@K 40HK<0L0 <OEACA 02B>@5D@8J5@0B>@;0@ O= O;25@8H;848@. !>9C4C6C 20A8BOA8 >;<090= <O=BO3O;O@4O= 9F:;O=O= :O@O=8= B5<?5@0BC@C 100!-4O= 0@BK3 >;<0<0;K4K@. 03>=;0@0 9F:;O=O= :O@O=8= B5<?5@0BC@C=C= <O=D8 >;<0AK 90EHK4K@. 0HK=<0 70<0=K 203>=;0@40 B5<?5@0BC@ -50!-4O= 30!-9O 3O4O@ IO448=4O A0E;0=<0;K4K@. 02>4;0@40= 1070;0@0 40E8; >;0= :O@O=8 B5<?5@0BC@C -60!-4O= 9F:AO: >;<090=, BO<87 0=10@;0@40 A0E;09K@;0@. 'O:8;81-1F:F;<FH :O@O 90LK=K 1 0940= G>E A0E;0<03 <OA;OIOB MN@F;<F@. #7C= <F44OB A0E;0<03 FGF= 0=10@K= B5<?5@0BC@C -120!-4O= -180!-9O 3O4O@, =8A18 @FBC1OB8 80% >;<0;K4K@. -180!-4O 4C7AC7 :O@O 90LK=K 12 09, 4C7;C 90LK 7 09, -120!-4O 8AO C9LC= >;0@03 9 09 2O 6 09 A0E;0<03 >;0@. "C@H 309<03 :O@OA8 H8@8= 309<03 :O@OA8=4O= 40I0 C7C= <F44OBO A0E;0=K;0 18;O@. /@8=<8H :O@O 90LK=K -5-70!-4O A0E;0<03 <OA;OIOB48@. 0L07040 90L 2-40 B5<?5@0BC@40 10-15 MF=O :8<8 A0E;0=0 18;O@. C 70<0= 90LK= B5<?5@0BC@C 10-120!-4O= G>E >;<0<0;K4K@. 07040 90L 1-1,5 09 A0E;0=4K340, 1C@040 B5<?5@0BC@ 00!, 90EC4 <O=D8 10!-4O >;<0;K4K@. C HO@08B4O I020=K= =8A18 =O<;898 O= G>E 75-80% BOH:8; 5B<O;848@. 0L070 HO@08B8=4O 80!-4O= 9F:AO: >;<090= B5<?5@0BC@40 :O@O 90LK=K 90940 3 MF=, 3KH40 5 MF=, O@8=<8H 90LK 90940 10 MF=, 3KH40 15 MF= A0E;0<0L0 8607O 25@8;8@. 7.9.  /  5=48@ 8AB5IA0;K=40 AF4 3C@A03 <090AK (D5@<5=B;O@) 2O 90 AF4 BC@HCAC <090;0@K 20A8BOA8;O <090;0=K1 4O;O<O;O=8@,5<0; 548;8@ 2O ?5=48@ :FB;OA8 95B8H48@8;8@. 5=48@ 9F:AO: 3840;K;K3 4O9O@8=O 2O ?OI@87 OIO<89OB8=O <0;8:48@.5B8H<8H ?5=48@8= BO@:818=4O 7F;0;, 90L, <8=5@0; 4C7;0@, 28B0<8=;O@ (, 1, 2 2O A.), D5@<5=B;O@ 2O 48MO@ 18>;>J8 DO0; <044O;O@ 20@4K@. 5=548@;O@8= 95B8H<OA8 70<0=K AF4 7F;0;K 0<8=BC@HC;0@K=0 3O4O@ ?0@G0;0=K@. 5=48@ 7F;0;K 2O >=C= ?0@G0;0=<0AK <OIAC;;0@K >;0= 0<8=BC@HC;0@K >@30=87< BO@OD8=4O= 98-99% <O=8<AO=8;8@. 5=48@ 7F;0;K B0< 4O9O@;8 7F;0;4K@. @30=87< BO@OD8=4O= MF=4O;8: BO;O1 >;C=0= I5920=8 7F;0;;0@K= 90@K90 3O4O@8 ?5=48@ 7F;0;K=K= I5A01K=0 N4O=8;O 18;O@. 5=48@ D>AD>@-:0;A8C< 4C7;0@K 8;O 7O=M8= >;4CLC FGF= CH03;0@K= 3840AK=40 <FB;O3 8AB8D04O >;C=<0;K4K@. 5=48@;O@8 BOA=8D0B0 09K@0@:O= OA0A 3 MNABO@868 =O7O@4O BCBC;C@: 0LAK7 ?5=48@4O AC9C= <8340@K; C@C <044O9O MN@O 90LK= D0878; 5=48@ :FB;OA8=8= 95B8H<O E0@0:B5@8=O MN@O. FEBO;8D ?5=48@;O@4O AC9C= <8340@K 19%-4O= 69%-O 3O4O@48@. C@C <044O9O MN@O 90LK= <8340@K 20%-4O= 60%-O 3O4O@48@. 7 90L;K ?5=48@;O@ O@M8= ?5=48@;O@8= 8AB5IA0;K=0 AO@D >;C=C@. FBF= ?5=48@;O@ 8AB5IA0; B5E=>;>M890AK=40= 0AK;K >;0@03 3 A8=DO 1N;F=F@. 1. C@A03 <090;K ?5=48@;O@ 3 90@K< A8=DO 1N;F=F@. 1.1. C@A03 <090;K 1O@: ?5=48@;O@ N7 =N21OA8=4O 2 3@C?0 1N;F=F@. 1.1.1. :8=68 4ODO 9F:AO: B5<?5@0BC@40 3K74K@K;0= ?5=48@;O@. 1.1.2. :8=68 4ODO 0H0LK B5<?5@0BC@40 3K74K@K;0= ?5=48@;O@. 1.2. C@A03 <090;K 90@K<1O@: ?5=48@;O@. 1.3. C@A03 <090;K 9C<H03 ?5=48@;O@. 2. C7;C340 95B8HO= 2O AF4 BC@HC;C ?5=48@;O@. 3. /@M8= ?5=48@;O@. C=;0@K= IO@ 18@ 3@C?C=40 >@30=>;5?B8:8 MNABO@868;O@8=O MN@O DO@3;O=O= <FEBO;8D ?5=48@ =N2;O@8 20@4K@. 5=48@ 8AB5IA0;K=K= B5E=>;>J8 O<O;8990B;0@K 0H0LK40:K 0@4K6K;;K3;0 M548@: - AF4F= 4O;O<O;O=<O FGF= I07K@;0=<0AK; - AF4F= 4O;O<O;O=<OA8; - 4O;O<O=8= 5<0;K; - ?5=48@8= D>@<090 A0;K=<0AK; - ?@5A;O=<OA8 2O 90 N7-N7F=O ?5@A;O=<OA8; - ?5=48@8= 4C7;0=<0AK; - ?5=48@8= 95B8H48@8;<OA8. !F4F= 3C@A03 <090AK 8;O 4O;O<O;O=<OA8=4O= 0;K=0= <OIAC;0 3C@A03 <090;K ?5=48@, AF4 BC@HCAC=0 3K63K@40= 10:B5@890;0@;0 4O;O<O;O=<OA8=4O= 0;K=0= <OIAC;0 AF4 BC@HC;C ?5=48@ 4598;8@. 8<9O28 BO@:818=O MN@O AB0=40@B ?5=48@ 8AB5IA0;K FGF= 8AB8D04O >;C=0= AF4F= 90L;K;KLK =>@<0;0H4K@K;K@, ?5=48@8= :59D899OB8=8 90EHK;0H4K@<03 FGF= F7O@8=O 15-25% <8340@K=40 95B8H48@8;<8H AF4 O;02O 548;8@. !F4F= 95B8H48@8;<OA8 (4O;O<O;O=<O FGF= I07K@;0=<0AK) 8-12>!-4O 0?0@K;K@ 2O 1C 70<0= AF4F= BC@HC;CLC 1>"-4O= G>E 0@B<0<0;K4K@. !>=@0 AF4F 71-74>!-4O 20-25 A0=89O ?0AB5@87O 548@, <090;0=<0 B5<?5@0BC@C=0 3O4O@ (41-42>!) A>9C4C;C@. C@A03 D5@<5=B8=8= BOA8@8 8;O ?0AB5@87O 548;<8H AF44O= ;07K<8 AKE;K340 4O;O<O O<O;O MOB8@<O 3018;899OB8=8 1O@?0 5B<O: FGF= >=0 :0;A8C<-E;>@84(100 :3 AF4O 10-15 3 :@8AB0; ACAC7 :0;A8C<-E;>@84 4C7C) O;02O 548;8@. 09 4N2@F=4O AF4F= BO@:818=4O :0@>B8= >;4CLC FGF= E>H0 MO;O= A0@K @O=M4O >;C@. KH 4N2@F=4O 8AO :0@>B8= 07 >;4CLC FGF= AF4 A>;LC= 0L @O=MO G0;K@. =0 MN@O 4O ?5=48@O E>H @O=M 25@<O: <O3AO48;O AF4O 4O;O<O;O=<O4O= O22O; 0==0B> 1>90AK (100 ;8B@ AF4O 5-10 <; 1>903 <OI;C;C) O;02O 548;8@. C=40= A>=@0 AF4F= F7O@8=O O22O;6O4O= I07K@;0=<KH 3C@A03 D5@<5=B8 O;02O 548;8@. 100 ;8B@ AF4F= 30 4O383O4O 4O;O<O;O=<OA8 FGF= 2,5 3 3C@A03 D5@<5=B8 BO;O1 >;C=C@. !F4O 3C@A03 D5@<5=B8 O;02O >;C=4C340= A>=@0 1-3 4O383O 30@KH4K@K;K@. C@A03 D5@<5=B8 O2O78=O ?5?A8= 4O O;02O 5B<O: >;0@. O;O<O I07K@ >;4C340= A>=@0 20-25 << N;GF4O :C120@8 4>L@0=K;K@, 7O@401K= 30%-O 3O4O@8 09@K;4K340= A>=@0 :FB;O 3K74K@K;K@. 5=48@G8;8:4O 8:8=68 4ODO 3K74K@K;<0 9F:AO: (52-58>!) 2O 0H0LK (38-42>!) B5<?5@0BC@40 0?0@K;K@. C<H03 ?5=48@;O@ 8:8=68 4ODO 3K74K@K;<040= I07K@;0=K@. O@401K 09@K;<KH :FB;O4O= ?5=48@ ;09K 4F7O;48;8@, ?5=48@8= 18@ :3-=0 1 :3 0LK@;K3 4FH<O:;O >=0 <5B0; ;N2IO;O@;O BOA8@ 548;8@. !>=@0 ?5=48@ ;09K ;07K<8 N;GF4O :OA8;8@, D>@<0;0=K@ 2O 95=84O= AKEK;K@. <0; 548;<8H AF4F= 100 :3-0 200-300 3 4C7 30BK;<03;0 4C7;0=K@. C7;0<0 18@ =5GO FAC;;0 0?0@K;K@: 4O=O2O@ 4C7;0<0; 4C7;C AC 8;O 4C7;0<0; 3C@C 4C7;0<0 2O :><18=O;OH<8H FAC;;0 4C7;0<0. C7C= <8340@K=K= G>E >;<0AK AF4 BC@HCAC=0 3K63K@<0 ?@>A5A8=8 :OA:8= 7O8D;O48@. A25G ?5=48@8 8AB5IA0;K=40 4O=O2O@ 4C7;0<0 BOB183 548;<8@, GF=:8 ?5=48@ :FB;OA8=4O <8:@>18>;>J8 ?@>A5A;O@8= 7O8D;O<OA8 =OB86OA8=4O E0@0:B5@8: HO:8; (MN76F:;O@) O<O;O MO;<8@. 5=48@8= 95B8H<OA8 IO@ G5H848= A?5A8D8: B5E=>;>M890AK=0 <F20D83 >;0@03 80-85% =8A18 @FBC1OB4O 10-15>!-4O 4 0940= 9 090 3O4O@(3C@A03 <090;K 1O@: ?5=48@;O@) 4020< 548@. 594 5B<O: ;07K<4K@ :8, <FEBO;8D G5H844O ?5=48@;O@8= 8AB5IA0; B5E=>;>M890AK 18@8-48MO@8=4O= DO@3;O=8@. :8=68 4ODO 9F:AO: B5<?5@0BC@40 3K74K@K;0= 3C@A03 <090;K 1O@: ?5=48@;O@8= B8?8: =F<09O=4OA8 A25G ?5=48@848@. A25G ?5=48@8 <0;-30@0=K= >B;03;0@40 1OA;O=<OA8 4N2@F=4O 0;K=0= 9F:AO: :59D899OB;8 E0< AF44O= I07K@;0=K@. C ?5=48@ 6-8 09 95B8H48@8;8@. 5=48@8= IO@ 18@8 90ABK A8;8=4@ D>@<0AK=40 >;C1, :FB;OA8 50-100 :3-4K@. -N76F:;O@8 10-15 << 408@O28 2O >20;4K@. 01KLK 1O@:, 7O4OA87 2O 3K@KHAK7, AOBI8=4O 1>720@8-0L @O=M >;0 18;O@. 0@0D8=;OH48@8;<8@. C 3@C?0 084 >;0= ?5=48@;O@8= BO@:818=4O 3C@C <044O9O MN@O 50% 90L, =O<;898 36-37%, 4C7C 1,5-2%-48@. ;B09 ?5=48@8 A25G ?5=48@8=4O= N;GFAF=O 2O :FB;OA8=O (12-20 :3), 5;O6O 4O 95B8H<OA8=O (4 09) MN@O DO@3;O=8@. C 3@C?0 :FB;OA8 6-16 :3 >;0= >A:20, #:@09=0 2O 0@?0B ?5=48@;O@8 4O 08448@. :8=68 4ODO 0H0LK B5<?5@0BC@40 3K74K@K;0= ?5=48@;O@8= B8?8: =F<09O=4OA8 )>;;0=4890 ?5=48@848@. )>;;0=4890 ?5=48@8 3@C?C=0 084 ?5=48@;O@ 8AB5IA0; IO6<8=O MN@O 18@8=68 95@8 BCBC@. C 3@C? ?5=48@;O@8= 8AB5IA0;K=40 4O=O2O@;8: 18@ 3O4O@ 8@8 >;C@ 2O >@040 =O<;8: =8A1OBO= G>E 30;K@. 5B8H<O 4N2@F=4O (2,5 09) AF4 BC@HC;C 3K63K@<0 M548@. 5B8H<8H ?5=48@ BO<87, N7F=O<OEACA 7O8D BC@H 4040 2O 89O <0;8:48@. >=A8AB5=A890AK ?;0AB8:, O948:4O AK=K@, MN76F:;O@8=8= 480<5B@8 4-8 <<-48@. 0L;K;KLK 45%, =O<;898 38-40%, 4C7C 2-2,5%-48@. )>;;0=4890 ?5=48@8 8@8 408@O28 (50% 90L) 2O :FB;OA8 5-6 :3 2O 90 1,5-2,0 :3 >;0= A8;8=4@ D>@<0AK=40 1C@0EK;K@. C 3@C?0 0AB@><0, !B5?, 5H5E>= (45% 90L), 8:8 <FEBO;8D;8:4O 0@>A;02 (45% 90L;K 048 2O 50% 90L;K C=8D8A8@;OH48@8;<8H) 2O #3;8G ?5=48@;O@8 08448@. #3;8G ?5=48@8=8= =O<;898 46-48%-48@. C 3@C?0 90LK=K= <8340@K =8A1OBO= 07 >;0= 8B20, AB>=, @810;B8:0, 8=A: ?5=48@;O@8 4O 40E8;48@. C=;0@K= :>=A8AB5=A890AK=K 90EHK;0H4K@<03 <O3AO48;O =O<;898 0@BK@K;K@. 8B20 ?5=48@8=8= D>@<0AK A8;8=4@O>EH0@, 18@ O4O48= :FB;OA8 4-6 :3, =O<;898 51%, 4C7 2-3%, 90L;K;KLK 30%, 12-140!-4O 95B8H<OA8 45 MF=4F@. @810;B8:0 ?5=48@8=4O 3C@C <044O9O MN@O 20% 90L, =O<;89 52-55%, 4C7 2-3%, 90ABK A8;8=4@ HO:;8=4O >;0= ?5=48@8= :FB;OA8 5-7 :3-4K@. 8=A: ?5=48@8 3-4 :3 :FB;O4O, 90L;K;KLK 30%, =O<;898 48%, 4C7 2-2,5%, 95B8H<O <F44OB8 30 MF=4F@. '5445@;OH48@<O FAC;C 8;O I07K@;0=0= ?5=48@;O@8= 8AB5IA0;K=40 ?5=48@ :FB;OA8 ;09 HO:;8=4O 4>L@0=K@ 2O 2-3 A00B 25-320!-4O A0E;0=K;K@. C ;09;0@ 15-20 4O383O4O=-18@ 0H0LK40= 9CE0@K90 G52@8;8@. '5445@;OH48@<O 20EBK AF4 BC@HCAC 3K63K@<0AK=K= M5B<OA8 FGF= >?B8<0; HO@08B 90@04K;K@. 5=48@ :FB;OA8 =0@K= 4C7;0 4C7;0=K@, D>@<0;0=K@ 2O 12-150!-4O 80-85% =8A18 @FBC1OB4O 3C@C9C1 95B8H8@. !>=@0 ?5=48@ 6-100!-4O A0E;0=K;K1 95B8H48@8;8@. 5=48@8= 18@ O4O48=8= :FB;OA8 8@8;O@4O 16-22 :3, EK@40;0@40 2,5-4 :3-4K@. O<;898 37-39%, 90L;K;KLK 50%, 4C7C 1,5-2,0%-48@. C@A03 <090;K 90@K<1O@: ?5=48@;O@8= 8AB5IA0;K=40 ?@5AA;O<O O<O;8990BK N7-N7F=O ?@5A;O<O 8;O O2O7 >;C=C@. 5=48@8= 95B8H<OA8 >=C= AOBI8=4O 8=:8H0D 54O= 05@>1 <8:@>D;>@0=K= (A;87, <090, :8D) 8HB8@0:K 8;O 10H0 G0BK@. C <8:@>D;>@0 9F:AO: ?@>B5>;5:B8: DO0;;KL0 <0;8: >;4CLC=40= 7F;0;;0@K B57 ?5?B>=;0H4K@K@ 2O IOBB0 0<<80: O<O;O MO;8@. F;0;;0@K= ?0@G0;0=<0 <OIAC;;0@K ?5=48@ :FB;OA8=O :5GO@O: >=0 E0@0:B5@8: 0<<80: 404K 25@8@. !5;898= <8:@>D;>@0AK AF4 BC@HCAC 8;O 8=B5=A82 3840;0=K@ 2O 15;O;8:;O 4O ?5=48@8= BC@HC;CLC=C 070;4K@. C 40 N7 =N21OA8=4O 10:B5@80; D5@<5=B;O@8 DO0;;0H4K@K@. C 3@C?0 0B2890, 8:0=B, 0C=0A 2O ;09?540 ?5=48@;O@8 08448@. 0B2890 ?5=48@8 4N@4:F=6, C7C=A>2 D>@<040, :FB;OA8 2,2-2,5 :3 >;<03;0 I07K@;0=K@. 0LK 45%, =O<;898 42-43%, 4C7 2,5-3,0%-48@. C ?5=48@ N7F=O<OEACA 404 2O OB@O <0;8: >;C1 E0@0:B5@8: 0<<80: 404K 25@8@. >=A8AB5=A890AK ?;0AB8: 2O 9C<H034K@, HO:;8 4F7MF= >;<090= FG:F=6 MN76F:;O@4O= 810@OB48@. 01KLK =078:, :N2@O: 2O 3C@C<CH :@5<20@8 A;874O= 810@OB48@. 5=48@ ?0@0D8=;OH48@8;<8@, ?5@30<5=B :0LK7K=0 1F:F;F@. 8:0=B ?5=48@8=8= 90L;K;KLK 55%, =O<;898 42-44%, 4C7C 2-2,5%-48@. @8 :FB;O;8 ?5=48@;O@ 3-4 :3, EK@40 :FB;O;8;O@ 0,8-1,0 :3 >;C@. 5B8H<OA8 C9LC= >;0@03 35-45 MF= 2O 25-35 MF=4F@. 0C=0A ?5=48@8=8= 90L;K;KLK 30%, =O<;898 50-52%, 4C7 2%, 95B8H<O <F44OB8 30 MF=4F@. 0ABK A8;8=4@ D>@<0AK=40 1,8-2,5 :3 :FB;O4O 1C@0EK;K@. C@A03 <090;K 9C<H03 ?5=48@;O@8= 100-4O= G>E G5H848 20@, ;0:8= F<C<8 8AB5IA0;40 1O@: 3C@A03 <090;K ?5=48@;O@4O= M5@8 30;K@. C@A03 <090;K 9C<H03 ?5=48@;O@ 95B8H<OA8=O MN@O 5 3@C?0 1N;F=F@. 1. !8;878= <8:@>D;>@0AK=K= 8HB8@0:K 8;O 95B8HO= ?5=48@;O@O >@>3>1CJ (45% 90L), 0;8=8= (50%) 2O >; (50%) ?5=48@;O@8 08448@. 2. 5=48@ A8;878=8= 2O :8D8= 8HB8@0:K 8;O 95B8HO= ?5=48@;O@O O;90=0;BK (50%), IO2OA:0@ (50%) 2O !<>;5=A:8 (45%) ?5=48@8 08448@. 3. 5=48@8= AOBI8=4O 8=:8H0D 54O= :8D;O@8= 8HB8@0:K 8;O 95B8HO= ?5=48@;O@O CA 0<0<15@ (60% 90L) 2O L 45A5@B ?5=48@8 08448@. 4. 5=48@8= 40E8;8=4O:8 :8D8= 8HB8@0:K 8;O 95B8HO= >:D>@ (50% 90L) ?5=48@8. 5. 5B8H48@8;<O4O= BO7O I0;40 8AB8D04O 548;O= ?5=48@;O@O -O;8=68:, C<H03 4C7;C 2O 0@>G ?5=48@;O@8 08448@. C ?5=48@;O@8= BO@:818=4O 45-50% =O<;8:, 1,5-3,5% 4C7 >;C@. >:D>@ ?5=48@8 OA0AO= 3>9C= AF4F=4O= 2O 1O7O= 8=O: AF4F=4O= I07K@;0=K@. 5=48@8= D>@<0AK A8;8=4@ HO:;8=4O48@, 480<5B@8 18-20 A<, IF=4F@;F9F 10-11 A<, :FB;OA8 2,5-3,0 :3-4K@. C@C <044O9O MN@O 90L;K;KLK 50%, =O<;898 46%-4O=, 4C7C 8AO 4-5%-4O= G>E >;<0<0;K4K@. 5=48@4O :OA:8= 4C7;C, 8AB8>B;CBOIO@, N7F=O<OEACA 404 2O OB8@ 20@4K@. >=A8AB5=A890AK 7O@8D 90L;KBOIO@, 40E8;8 7O8D A0@K, ;0:8= 18@-18@8=4O= 2-3 A< 0@0;K 90HK; 2O MN9 @O=M4O :8D A0IO;O@8 8;O N@BF;<FH >;C@. >:D>@ ?5=48@8 2 09 <F44OB8=4O 95B8H8@. /22O; 5-70!-4O, A>=@0 1-30!-4O A0E;0=K;K@. )07K@ ?5=48@8= AOBI8 A5;8: 2O :8D4O= BO<87;O=81, ?5@30<5=B :0LK7K=0 2O 7O@2O@O3O 1F:F;F@. C7;C340 95B8HO= 2O A0E;0=K;0= ?5=48@;O@ 3C@A03 <090;K ?5=48@;O@O =8A1OBO= 07 G5H84;8 3@C? BOH:8; 548@. C ?5=48@;O@ 4C7;C AC40 (4C7;C340) 95B8H4898=O 2O A0E;0=4KLK=0 MN@O A?5A8D8: 4C7;C-H>@ 4040, =8A1OBO= 1O@: :>=A8AB5=A89090 <0;8:48@. 0H;K60 >;0@03 0D30740 I07K@;0=4KLK=0 MN@O 1C=;0@0 0D307 ?5=48@;O@8 4O 4598;8@. C 3@C?0 @K=70, '0=0E, "CH, >18, A5B8=, !C;C3C=8, '5G5;, >B0;, O@4O, !C<309KB, 0EGK20=, (8@20= 2O 4KM59 ?5=48@;O@8 08448@. @K=70 ?5=48@8 @5A?C1;8:0<K740 8AB5IA0; >;C=0= ?5=48@;O@8= 90%-4O= G>EC=C BOH:8; 548@. @K=70 ?0AB5@87O 548;<8H 2O 90EC4 G89 AF44O= I07K@;0=K@. 0AB5@87O 548;<8H AF44O= I07K@;0=0= ?5=48@ 20 MF=4O=, G89 AF44O= I07K@;0=0= ?5=48@ 8AO 60 MF=4O= A>=@0 A0BKH0 25@8;O 18;O@. 5A?C1;8:0 AB0=40@BK=0 OA0AO= 3C@C <044O9O MN@O 90L;K;KLK 50% 2O 40% >;0= @K=70 ?5=48@8 8AB5IA0; 548;8@. @K=70 :204@0B D>@<040, C7C=C 2O 5=8 10-15 A<, IF=4F@;F9F 7-10 A< >;C1, :FB;OA8 8AO 0,9-1,5 :3, @O=M8 0L, 0760 A0@K<BK;, :>=A8AB5=A890AK 7O@8D, 0760 1O@: 2O AK=<0L0 <598;;8, 0<<0 >2E0;0=<090= >;C@. 04K A0D AF4 BC@HC;C, ;07K<8 4O@O6O4O 4C7;C-H>@ >;<03;0, I5G 18@ :O=0@ 404 2O 89 >;<0<0;K4K@. @K=7040 07 <8340@40 2O <FEBO;8D D>@<0;K 1>H;C3;0@K= >;<0AK=0, D>@<0AK=K= 07 <8340@40 4O98H<OA8=O 8607O 25@8;8@. 0L;K;KLK 40% >;0= @K=7040 =O<;8: 53%-4O= G>E, 90L;K;KLK 50% >;0= @K=7040 8AO 50%-4O= G>E >;<0<0;K4K@. )O@ 8:8 G5H844O 90L;K;KLK= 3% 07 >;<0AK=0 8607O 25@8;8@. C7C= <8340@K 3-7%-48@. '0=0E ?5=48@8 8=O:, 60<KH, 3>9C= AF4F=4O= 2O >=;0@K= 30@KHKLK=40= G89 2O ?0AB5@87O 548;<8H AF44O= I07K@;0=K@. 5=48@8= 404K 4C7;C-H>@, BC@HBOIO@ >;C@. 0E8;8=4O <FEBO;8D N;GF4O MN76F:;O@ 20@4K@. 5A?C1;8:0 AB0=40@BK=0 OA0AO= '0=0E ?5=48@8=8= 90L;K;KLK 40% 2O 50%, =O<;898 49-50%, 4C7C 4-8% >;<0;K4K@. 5B8H<8H ?5=48@4O 3C@C <044O9O MN@O 90LK= 3% 07 >;<0AK=0 8607O 25@8;8@. 204@0B D>@<0;K G0=0E ?5=48@8=8= C7C=C 18-20, IF=4F@;F9F 11-15 A< >;C1, :FB;OA8 4-6 :3 >;<03;0 8AB5IA0; 548;8@. '0=0E ?5=48@8 8-120!-4O 16-18%-;8 4C7;C340 60 MF= A0E;0=K;K1 95B8H48@8;8@. "CH ?5=48@8 ?0AB5@87O 548;<8H 2O 90EC4 G89 8=O:, 60<KH 2O 3>9C= AF4F=4O= I07K@;0=K@. !B0=40@B0 OA0AO= 1C ?5=48@;O@8= D>@<0AK >BC@060LK 8;O 18@-18@8=O 18B8H<8H :OA8: :>=CA0 1O=7O98@. =;8 95@8=4O 480<5B@8 21-25 A<, 5=A87 95@8=4O 8AO 13-16 A<, IF=4F@;F9F 17-19 A< >;C1, :FB;OA8 4-6 :3-4K@. 0L;K;KLK 40% 2O 50%, =O<;898 49-50%, 4C7C 8AO 4-8%-4O= G>E >;<0<0;K4K@. 5=48@8= 404K BC@H<O7O, BF=4 4C7;C, :>=A8AB5=A890AK 1O@:, 0A0= AK=0= >;<0;K4K@. 5=48@ 22-18%-;8 4C7;C340 25-30 MF= A0E;0=K;K@, A>=@0 16-18%-;8 4C7;C340 120!-4O A0E;0=K;K1 95B8H48@8;8@. >18 ?5=48@8 4O "CH ?5=48@8 :8<8 I07K@;0=K@ 2O BO@:818 59=848@. !C;C3C=8 ?5=48@8=O MF@6F ?5=48@8 4O 4598;8@. !8;8=4@20@8 D>@<040 >;<03;0 IF=4F@;F9F 2,5-3,5 A<, 480<5B@8 15-20 A<, :FB;OA8 0,5-1,5 :3-4K@. C@C <044O9O MN@O 90L;K;KLK 45%, =O<;898 50%, 4C7C 1-4%-48@. 04K A0D AF4 BC@HC;C, >@B0 4C7;C >;<03;0, I5G 18@ :O=0@ 404K 2O 898 >;<0<0;K4K@. >=A8AB5=A890AK 5;0AB8:8, AKE 30B-30B4K@. 16-18%-;8 4C7 <OI;C;C=40 2-5 MF= 95B8H48@8;81, A>=@0 A0BKH0 MN=4O@8;8@. O@4O ?5=48@8 10H30 ?5=48@;O@4O= DO@3;8 >;0@03 I07K@;0=4K340= A>=@0 4C7;C AC40 A0E;0=K;<K@. 5=48@ :FB;OA8 N7-N7F=O ?@5A;O=48:4O= A>=@0 >=C= FABF=4O I07K@;0=<0 B0@8E8 907K;K@ 2O 30B;K;KLK 16-18% >;0= 4C7;C AC40 12-15 MF= 4C7;0=K@. C7;C AC9C= B5<?5@0BC@C 12-140!-4O= 2O BC@HC;CLC 300"-4O= G>E >;<0<0;K4K@. C7;0<0 <F44OB8 3C@B0@4K340= A>=@0 ?5=48@ 4C7;C AC40= GKE0@K;K@, 0@0:OA<O;O@ F7O@8=O 9KLK;K1 2 MF= <F44OB8=4O 3C@C4C;C@. 0EHK 3C@C<CH ?5=48@8= IO@ 18@ 10HK=K= N;GFAF 27E55 A< >;0= ?>;8<5@ :8AO9O, A>=@0 2-3 A0=89O <F44OB8=4O B5<?5@0BC@C 90-950! >;0= AC90 A0;K=K@, GKE0@K;K@ 2O 20:CC< =0A>AC= :N<O98 8;O I020AK GKE0@K;4K340= A>=@0 :8AO=8= 0L7K <NI:O< 10L;0=K@. C 30940 F7@O I07K@;0=<KH ?5=48@ :0@B>= 2O 90 B0EB0 95H8:;O@O 9KLK;K1 A0BKH0 MN=4O@8;8@. 8-120!-4O= G>E >;<090= B5<?5@0BC@40 2O =8A18 @FBC1OB8 85-87%-4O= G>E >;<090= A>9C4C6C40 A0E;0=K;<0;K4K@. O@4O ?5=48@8=8= D>@<0AK 4F71C603;K4K@, B8=;O@8 18@ 3O4O@ :FB4F@. #7C=;CLC 28-30 A<, 5=8 13-14 A<, IF=4F@;F9F 10-12 A<, :FB;OA8 4-5 :3-4K@. 5B8H<8H O@4O ?5=48@8=4O 3C@C <044O9O MN@O 50% 90L;K;K3, 47% =O<;8:, 4-5% 4C7 >;C@. 04K BO<87 AF4 BC@HC;C, 4C7;C (:OA:8= H>@) >;C@, :>=A8AB5=A890AK =8A1OBO= 1O@: >;<03;0 =078: 48;8<;O@O :OA48:4O <FEBO;8D D>@<040 2O N;GF4O MN76F:;O@8 20@4K@. 5=48@8= @O=M8 0L-A0@K<BK;4K@. 5=48@8= AOBI8=8 ?>;8<5@ N@BF: B0@K< N@B<O;848@. !C<309KB ?5=48@8 ?0AB5@87O >;C=<CH 8=O: AF4F=4O= 2O 8=O: AF4F 8;O 60<KH AF4F=F= 30@KHKLK=40= I07K@;0=K@. $>@<0AK 4N@41C603;K, IF=4F@;F9F 3,5-5,1 A<, 5=8 9-11 A<, C7C=C 13-15 A<, :FB;OA8 0,9-1,2 :3 >;C@. .7-N7F=O ?@5A;O=<8H ?5=48@ :FB;OA8 30BK;KLK 18-20% >;0= 4C7;C AC40 1,5-2,5 A00B A0E;0=K;K@, 4C7;C AC40= GKE0@K;K1 2-3 A00B 3C@C4C;C@, 2-3 MF= 95B8H48@<O :0<5@0AK=0 3>9C;C@. C@040 B5<?5@0BC@ 12-150!, =8A18 @FBC1OB 8AO 85-90% >;<0;K4K@. 5B8H<8H ?5=48@;O@8= IO@ 18@8 BO:;8:4O ?5@30<5=BO 2O 90 A5;;>D0=0 1F:F;F@, ?;0AB<0A 95H8:;O@O 301;0H4K@K;K@. C@C <044O9O MN@O 90LK= <8340@K 50%-O 3O4O@, =O<;89 50%, 4C7C 2,5%-48@. 04K BO<87 AF4 BC@HC;C, 07 4C7;C >;<0;K4K@. >=A8AB5=A890AK 9C<H03 >;C@, :OA8: 95@8=4O MN76F:;O@8 074K@. 0EGK20= ?5=48@8 B57 95B8HO= 9C<H03 ?5=48@;O@O 08448@. 0AB5@87O 548;<8H 8=O: AF4F 2O 90EC4 8=O: 2O 60<KH AF4F 30@KHKLK=40= I07K@;0=K@. 5=48@8= D>@<0AK 4N@41C603;K >;<03;0 C7C=C 15-16 A<, 5=8 10-11 A<, IF=4F@;F9F 7-8 A<-48@. C@C <044O9O MN@O 90L;K;KLK 45%, =O<;898 56%-4O= G>E >;<0<0;K4K@. C7C 2-3%-48@. 04K AF4 BC@HC;C, 07 4C7;C4C@, I8AA >;C=0= BC@H<O7O 404K= >;<0AK=0 8607O 25@8;8@. >=A8AB5=A890AK 7O@8D, 9C<H03, @O=M8 8AO 1FBF= :FB;O 1>9C 0L >;C@. OA898 I0<0@ >;<03;0 07 <8340@40 MN76F: 2O 1>H;C3;0@K= >;<0AK =>@<0;4K@. 0EGK20= ?5=48@8 8AB5IA0; >;C=0=40= 3-5 MF= A>=@0 A0BKH0 25@8;8@. 5=48@ 10H;0@K 3-4 A00B <F44OB8=4O 16-18%-;8 4C7;C340 A0E;0=K;K@, 4C7;C AC40= GKE0@K;K1 18@-8:8 MF= B0EB0 3ODOA;O@4O A0E;0=K;K@. !>=@0 IO@ 18@ 10H ?5=48@, F7O@8 5B8:5B;O=<8H ?>;85B8;5= 2O 90 A5;;>D0= A0;D5B;O@O 1F:F;F@. "0EB0 2O 90 ?;0AB<0AA 95H8:;O@O 2 6O@MO 9KLK;K1 A0BKH0 MN=4O@8;8@. (8@20= ?5=48@8 4C7;C AC40 B57 95B8HO= ?5=48@;O@ 3@C?C=0 08448@. 0AB5@87O 548;<8H 2O 90L;K;KLK =>@<0;0H4K@K;<KH AF44O= I07K@;0=K@. $>@<0AK 4F71C603;K4K@, C7C=C 17-18 A<, 5=8 10-12 A<, IF=4F@;F9F 10-12 A<, :FB;OA8 1,2-1,8 :3-4K@. "O@:818=4O 3C@C <044O9O MN@O 90LK 30%, =O<;8: 56%, 4C7C 4-6%-48@. !OBI8 I0<0@ >;C1, A5@?890=:0 87;O@8 20@. OA898=4O MN76F:;O@ >;C1, @O=M8 8AO 0L-A0@K<BK;4K@. !F4 BC@HC;C 4040 <0;8:48@, :O=0@ 404 2O 89 >;<0<0;K4K@. (8@20= ?5=48@8 BCBC<C 50-100 :3 >;0= GO;;O:;O@O 301;0H4K@K;K@, F7O@8=O 12-13%-;8 4C7;C3 BN:F;F@. 4KM59 ?5=48@8 ?0AB5@87O 548;<8H AF4F BC@H 7O@401;0 GF@FB<O:;O 8AB5IA0; 548@;O@. 0L;K;KLK 45%, =O<;898 O= G>EC 60%, 4C7C 2%-48@. 5=48@8= D>@<0AK 0;G031>9 A8;8=4@20@848@. 80<5B@8 18-22 A<, IF=4F@;F9F 5-6 A<, :FB;OA8 1-1,5 :3-4K@. 5=48@8= BC@H<O7O, 4C7;C 404K, 7O@8D :>=A8AB5=A890AK 20@4K@. 4KM59 ?5=48@8 7 MF=, > 6F<;O4O= 702>440 3 MF= A0E;0=K;0 18;O@. 5=48@ A0E;0=K;0= 0=10@K= B5<?5@0BC@C 80!-4O= G>E >;<0<0;K4K@. >B0; ?5=48@8 7O@10960=K= <8;;8 ?5=48@848@. 0;=K7 3>9C= AF4F=4O= I07K@;0=K@. >B0; ?5=48@8=8= @O=M8 A0@K<BK;-0L, 404K 2O 898 A?5A8D8: E>H0 MO;O= >;C@. >B0; ?5=48@8 8AB5IA0; 5B48:4O 7O@401K 09@K;<KH ?5=48@ :FB;OA8, BO@OD;O@8 BOE<8=O= 5-8 A< C7C=;C340 >;0= B8:O;O@O 4>L@0=K@, 4C7;0=K@ 2O 4-5 MF= A0E;0=4K340= A>=@0 EFACA8 I07K@;0=<KH 3>9C= 4O@8A8=8= 8G8=O (<>B0;) 9KLK;K@ 2O 3,5-4,0 09 A0E;0=K;K1 95B8H48@8;8@. 7O@10960=40 <>B0; ?5=48@8= 0H0LK40:K G5H848 <O;C<4C@. 0@010L, -O=6O, O7M8 <>B0;K. 0@010L <>B0; ?5=48@8 N7F=F= 9C<H03 :>=A8AB5=A890AK 2O =8A1OBO= 07 4C7;C >;<0AK 8;O DO@3;O=8@. -O=6O <>B0; ?5=48@8 8AO 18@ 3O4O@ 1O@:;898, 4C7;C;CLC 2O 40I0 G>E A0E;0=0 18;<OA8 8;O DO@3;O=8@. -O=6O <>B0;K=K= BO@:818=4O 39-35% AC, 60-65% 3C@C 30;K3, > 6F<;O4O= 26-29% 90L, 21-27% 7F;0;;0@ 2O 4-7% EN@O: 4C@C 20@4K@. "C@HC;C3 4O@O6OA8 340-3300"-48@. 5=48@G8;8:4O 3O1C; 548;<8H BOA=8D0B0 OA0AO= <>B0; ?5=48@8 9C<H03 ?5=48@;O@ 3@C?C=0 40E8; 548;<O;848@. 0:8= 95B8H<O ?@>A5A8 (4 090 3O4O@) =OB86OA8=4O 7F;0;;0@K= =8A1OBO= 4O@8= ?0@G0;0=<0AK >=C 1O@: ?5=48@;O@O 40I0 G>E 90EK=;0H4K@K@. /@M8= ?5=48@;O@ <FEBO;8D ?5=48@;O@8, :OA<898, :O@O 90LK=K 2O 48MO@ AF4 <OIAC;;0@K=K 79-900!-4O 20-30 4O3 O@8B<O:;O I07K@;0=K@. 60 0440= G>E G5H844O O@M8= ?5=48@ 8AB5IA0; 548;8@. 0;>@8;898=O 2O >@30=87<4O <O=8<AO=8;<OA8=O MN@O BO188 ?5=48@;O@4O= M5@8 30;<K@. /@M8= ?5=48@;O@8= 8AB5IA0;K=40 OA0A E0<<0; :8<8 3C@A03 <090;K ?5=48@;O@4O=, 4C7;C340 95B8HO= ?5=48@;O@4O=, 90L;K 2O 90LAK7 :OA<8:4O=, :O@O 90LK=40=, E0<040=, BO188 2O 30BK;0H4K@K;<KH AF44O=, 3C@C AF44O=, 30BK;0H4K@K;<KH 2O 3C@C4C;<CH 7O@40140=, O@848;<O: FGF= I07K@;0=0= EFACA8 ?5=48@;O@4O= 8AB8D04O 548;8@. 04 25@O= O;02O;O@ :8<8 0L MN1O;O:4O=, B><0B A>CAC=40=, 3OI2O, HO:O@, <FEBO;8D <592O H8@O;O@8, 8AB8>B, A0@K<A03, A>L0=, <8EO:, HF9F4, 4OD=O 90@?0LK, 20=8;8= 2O A. 8AB8D04O 548;8@. /@8B<O 4C7;0@K :8<8 ;8<>=, D>AD>@, >@B>D>AD>@, B@8>:A83;CB0@ BC@HC;0@K=40= 8AB8D04O 548;8@. %0<<0;;0@K= :59D899OB8 9>E;0=K@, @5A5?B F7@O A5G8;8@, 8;: 5<0;40= :5G8@8;8@, EK@40;0=K@, ?5=48@ 30@KHKLK I07K@;0=K@, O@848;<O 4C7;0@K O;02O 548;8@, O@848;8@, GO:8;81-1F:F;F@, A>9C4C;C@ 2O 301;0H4K@K;K@. /@M8= ?5=48@;O@ 0;F<8=8C< D>;3090, ?>;8AB8@>; ABO:0=;0@0, ?>;8<5@ BC1;0@0 1F:F;F@. 5=48@;O@8= :FB;OA8 30, 50, 100, 200 2O 250 3@ >;C@. 'O:8;81-1F:F;<FH ?5=48@;O@ :0@B>= 2O 90 ?>;8<5@ 95H8:;O@O 9KLK;K@, 8-100!-4O 12-16 A00B A0E;0=K;K1 A0BKH0 25@8;8@. "O@:818=4O=, :>=A8AB5=A890AK=40= 2O BO98=0BK=40= 0AK;K >;0@03 O@M8= ?5=48@;O@ 6 3@C?0 1N;F=F@. 1. /;O2OA87 48;8< HO:8;;8 O@M8= ?5=48@;O@8= BO@:818=4O 3C@C <044O9O MN@O 30-45% 90L, 50-58% =O<;8:, 2-3% 4C7 >;C@. CA890, 0AB@><0, 0B2890, #3;8G, (OIO@;8 2O @18B0 ?5=48@;O@8 08448@. 2. >;10A0 D>@<0;K O;02O;8 2O O428990B;K O@M8= ?5=48@;O@8= 8AB5IA0;K=40 I8AO 25@8;<8H 90L;K <OIAC;;0@40=, 8AB8>B 2O 10H30 O428990B;0@40= 8AB8D04O 548;8@. OAO;O=, 5=8 O@M8= ?5=48@8. 3. 0AB020@8 O@M8= ?5=48@;O@8= BO@:818=4O 3C@C <044O9O MN@O 50% 90L, 55% =O<;8:, 1,2-2% 4C7 >;C@. 0=B0@, >AB;C3, 0;L0, 09, >@0;;, >:D>@ 2O A. ?5=48@;O@ 08448@. 4. (8@8= ?;0AB8:8 :FB;O;8 O@M8= ?5=48@;O@8= BO@:818=4O 30% 90L, 33-45% =O<;8:, 18-40% HO:O@ >;C@. C ?5=48@;O@ :OA<8:, :O@O 90LK, 20=8;8=, 3>7, H>:>;04 2O <592O ?F@5;O@8 8;O I07K@;0=K@. 5. 0AB5@87O 2O AB5@8;87O 548;<O:;O :>=A5@2;OH48@8;<8H O@M8= ?5=48@;O@. C ?5=48@;O@ 40E8;4O= ;0:;0=<KH BO=O:O 10=:0;0@0 100 2O 250 3@ :FB;O4O 301;0H4K@K;K@, M5@<5B8: 10L;0=K@, 79-900!-4O ?0AB5@87O 2O 90 100-1050!-4O AB5@8;87O 548;8@. 6. 0I0@0 O;02O 548;O= ?5=48@;O@O (>@10 FGF=, L MN1O;O:;8, !>L0=;K, "O@O2O7 2O 0:0@>= EN@O98 FGF= O@M8= ?5=48@;O@ 08448@ 5=48@;O@8= :59D899OB MNABO@868;O@8. @30=>;5?B8:8 MNABO@868;O@8=O MN@O ?5=48@;O@ 100 10;; A8AB5<8 8;O 389<OB;O=48@8;8@ 2O 09@K-09@K MNABO@868;O@O <F20D83 389<OB;O@ 25@8;8@. 04 2O 898 45, :>=A8AB5=A890AK 25, 40E8;8 HO:;8 10, @O=M8  5, E0@868 MN@F=FHF  10, 301;0H4K@<0 2O <0@:0;0=<0  5 10;;0 389<OB;O=48@8;8@. 0;;0@K= 6O<8=O MN@O 87-100 10;;, > 6F<;O4O= 404 2O OB@8=O MN@O O= 07K 37 10;; 389<OB 0;0= ?5=48@ O;0 A>@B0, 75-86 10;; 389<OB 0;0= ?5=48@ 1-68 A>@B0 084 548;8@. &<C<8 10;; 389<OB8 75-4O= 07, 404 2O OB@8 34 10;40= 07 389<OB;O=48@8;<8H ?5=48@ A0BKH0 25@8;<8@. C<H03 2O C=8D8A8@;OH48@8;<8H ?5=48@;O@ A>@B;0@0 09@K;<K@ AB5IA0; >;C=0= <FEBO;8D =N2 ?5=48@;O@8= N7F=O<OEACA 3FAC@;0@K >;C@. 04 2O 3>EC 3FAC@;0@K. 1. 5< 3>ECAC. C, A0@K<A03, A>L0=, 9>2H0= 2O A. :8<8 :OA:8= 89;8 18B:8;O@8 >;0= >B03;0@40 95<;O=O= I5920=;0@K= AF4F=4O= I07K@;0=0= ?5=48@;O@4O >;C@. C 6F@ 0;03 >B;0@K 8;O <F10@87O 0?0@<0;K 2O I5920=;0@0 :59D899OB;8 95< 25@8;<O;848@. 2. 'F@F<O 3>ECAC. 5;O ?5=48@8= 3>ECAC G>E ?8A48@. C=0 AO1O1 5<0; 548;O= AF4F= 10LK@A03 GN?;O@8 2O GF@F4F6F 10:B5@890;0@;0 7O=M8= >;<0AK4K@. !F4F= :59D899OB8 >;4C360 90EHK;0H4K@K;<0;K 2O 90 ?0AB5@87O 548;<O;848@. 3. <<80: 3>ECAC. C 3>EC=C= 95B8H<8H 9C<H03 ?5=48@;O@4O 070AK3 >;<0AK =>@<0; A09K;K@A0 40, 10H30 ?5=48@;O@ FGF= 4O =N3A0= I5A01 >;C=C@. C =N3A0=K= O<O;O MO;<OA8=O AO1O1 ?5=48@8= BC@HC;C3 4O@O6OA8=8= 9F:AO:;898 2O 95B8H<O B5<?5@0BC@C=C= 9CE0@K >;<0AK4K@. C, G>E;C <8340@40 A5;8: 09@K;<0AK=0 2O =OB86O4O 0<<80: O<O;O MO;<OA8=O AO1O1 >;C@. 4. 8D 3>ECAC. C=0 AO1O1 ?5=48@8= 20EB;K-20EBK=40 G52@8;<O<OA8 2O >=C= 301KLK=K= BO<87 A0E;0=<0<0AK4K@. 5. "C@H 2O 359@8-048 404. C 3FAC@ O= G>E 6020= ?5=48@;O@4O >;C@. 0:8= ?5=48@ 95B8H48:6O 1C 3FAC@ M5B-M54O 070;0 18;O@. 6. OA<8: 404K. C 3FAC@0 G>E 20EB >2E0;0=<0 =N3A0=K 8;O 18@;8:4O @0AB MO;8=8@. <0; 548;O= AF4F= BC@HC;CLC 07 >;<0;K 2O 4O=O;O@8= 8H;O=<OA8 ;07K<8 4O@O6O9O G0B4K@K;<0;K4K@. >=A8AB5=A890 3FAC@;0@K. 1. O@: 2O 90 @578= :>=A8AB5=A890;K ?5=48@. C=0 90L;K 2O BO7O ?5=48@;O@4O =8A1OBO= G>E BOA04FD >;C=C@. 5=48@8= 1O@: 2O 90 @578= :8<8 >;<0AK=K= 10H;K60 AO1O1;O@8 >=40 >;0= 90LK= 2O AF4 BC@HCAC=C= 07 >;<0AK4K@. 2. 2E0;0=0= (B57 >2C;0=) ?5=48@. C =N3A0=K= OA0A AO1O18 8H;O=O= AF4F= BC@HC;CLC=C= 9F:AO: >;<0AK 2O ?5=48@ :FB;OA8=8= IO448=4O= 0@BK3 3C@C4C;<0AK4K@. C 6F@ ?5=48@;O@4O 95B8H<O ?8A M548@ 2O :59D899OBA87 <OIAC; 0;K=K@. 0@HKAK=K 0;<0 BO418@8 AF4F= 9F:AO: :59D899OB;8 >;<0AK=K BO<8= 5B<O:48@. 5=48@8= 40E8;8 @O=M8=8= 3FAC@;0@K. O=M8= G>E 7O8D 2O 90 BF=4 >;<0AK. 5B8H<8H ?5=48@;O@4O 1C=C= OA8; AO1O18 AF4O 30BK;0= 1>90LK= 07 2O 90 G>E;CLC4C@. C 3FAC@ 4C7 <OI;C;C=40 95B8H48@8;O= ?5=48@;O@O (BCH ?5=48@8, 1@K=70) 084 4598;48@. 5=48@8= 40E8;8 MN@F=FH 3FAC@;0@K. 1. ">@HO:8;;8 ?5=48@. 5;O ?5=48@ MN76F:;O@8 G>E 2O EK@40 >;C@. C=0 307 O<O;O MOB8@O= 10:B5@890;0@;0 7O=M8= AF44O= I07K@;0=0= ?5=48@4O G>E @0AB MO;8=8@. C 3FAC@;0@K :N:F=4O= :OA<O: FGF= 8=O:;O@8= A0LK<K BO<87 HO@08B4O 0?0@K;<0;K4K@. 2. !F=MO@HO:8;;8 (MN76F:;O@8 IO448=4O= G>E >;0=) ?5=48@. 0L BC@HCAC=0 3K63K@40= 10:B5@890;0@K= 8HB8@0:K 8;O O<O;O MO;8@. O7O= 4O 307 G>E O<O;O MO;4898=4O= >=C 959O= 040<40 :N? O<O;O MO;8@. 5;O ?5=48@ ?8A 3>EC 25@8@. C=0 9>; 25@<O<O: FGF= AF4F= <8:@>18>;>J8 BO<87;898=O 4833OB 5B<O;8, AF4O H>@ 30BK;<0;K4K@. 3. GO@8A8=4O 1>H;C3;0@K >;0= ?5=48@. "O1O3O O<O;O MOB8@O= 70<0= 2O 3O;81;O<O 70<0=K ?5=48@8= G>E A>9C4C;<0AK =OB86OA8=4O 4O=O2O@;O@8= 90EHK 90?KH<0<0AK=40= O<O;O MO;8@. .710HK=0 AKEK;0= ?5=48@;O@4O 3FAC@ I5A01 >;C=<C@. 01KLK=K= 3FAC@;0@K. 1. 5=48@8= 301KLK=K= 30;K= >;<0AK. 5=48@8= B57-B57 9C9C;<0AK=40=, 0H0LK B5<?5@0BC@40 95B8H48@8;<OA8=4O=, AF4 BC@HCAC=C= 2O 4C7C= ?5=48@4O 07 >;<0AK=40= O<O;O MO;8@. 2. 01KLK= 7O8D 2O A5;8:;8 >;<0AK. C 3FAC@ AF4 BC@HCAC=C= 2O 4C7C= 0@BK3 >;<0AK=40= 90@0=K@. C=0 9>; 25@<O<O: FGF= 4O;O<O=8 4F7MF= 8H;O<O: 2O 8;: MF=;O@4O ?5=48@8 =8A1OBO= 0H0LK B5<?5@0BC@40 4C7;0<03 ;07K<4K@. 3. '8GO:20@8 :8D. 8:@>1;0@K= BOA8@8 8;O ?5=48@8= 301KLK B0<0<8;O =59B@0;;0H4KLK 4N2@4O A?>@;0@ BO@OD8=4O= (:8G8: ;O:O;O@ :8<8) O<O;O MOB8@8;8@. !>=@0;0@ 1C ;O:O;O@ 8=:8H0D 54O@O: >=;0@K= 480<5B@;O@8 5-10 <<-O G0BK@ 2O 4O@8= BO1O3O;O@O :5GO 18;8@. "OA8@;8 <F10@87O FGF= 02040=;KLK 2O @OD;O@8 4578=D5:A890 5B<O;8, ?5=48@8 9C4C340= A>=@0 65-700! B5<?5@0BC@C >;0= AC40 3-5 4O3 A0E;0=K;<0;K4K@. C 6F@ ?5=48@ B57 ?0@0D8=;O=<O;848@. N2;OB AB0=40@BK=0 MN@O 301KLK ?0@B;0<KH, :8D;O N@BF;<FH, 89;O=<8H, 06K;0H<KH ?5=48@;O@ GKE40H 548;8@. 5=48@;O@8= A0E;0=K;<0AK. O@: 2O 9C<H03 3C@A03 <090;K ?5=48@;O@8 IO@ =N2F= N7F=O<OEACA HO@B8 H@8DB;O <0@:0;09K@;0@. 5=48@;O@O 7O@O@A87 1>90;0@;0 <FO99O= 30940 F7@O 8AB5IA0;0B <0@:0AK 2C@C;C@. C@040 ?5=48@8= 90L;K;KLK, 702>4C= =N<@OA8, 3KA0 04K 2O I07K@;0=4KLK F=20= 3594 >;C=C@. AB5IA0; B0@8E8 ?5=48@O :0758=4O= @O3O<;O@8= ?@5A;O=<OA8 8;O MNABO@8;8@. 0B2890 2O >;30 ?5=48@;O@8=8= <0@:0;0=<0AK >=;0@K= 1F:F;4F9F :0LK70 907K;<03;0 0?0@K;K@. 0@:0=K= D>@<0AK ?5=48@8= 90L;K;KLK=40= 0AK;K4K@. 0L;K;KLK 50% >;0= ?5=48@;O@ :204@0B, 45% 90L;K;KLK >;0= ?5=48@;O@O 8AO AO::871C603;K D>@<040 <0@:0 2C@C;C@. ">?40= B860@OB 1070AK=40= 2O A>9C4C6CE0=0;0@40= 1C@0EK;0= ?5=48@;O@4O HB0<?;0 >=C= A>@BC MNABO@8;8@. 5=48@;O@8= D>@<0AK=40=, N;GFAF=4O= 2O :FB;OA8=4O= 0AK;K >;0@03 B0EB0 95H8:;O@O, 10@010=;0@0, 4C7;C340 95B8HO= ?5=48@;O@ 8AO GO;;O:;O@O 2O BO=O:O B0@0;0@0 301;0H4K@K;K@. C7;C340 95B8HO= ?5=48@;O@8 BCBC<C 50, 100 2O 150 :3 >;0= B0EB0 GO;;O:;O@O 301;0H4K@K@;0@. &7O@8=O 8AO ?5=48@8= G5H848=4O= 0AK;K >;0@03 <FEBO;8D 30BK;K340 4C7;C3 BN:F;F@. C7;C340 95B8HO= ?5=48@;O@ 3@C?C=0 084 >;0= 1O78 ?5=48@;O@8 BO=O:O 10=:0;0@0 8@8 B8:O HO:;8=4O 3>9C1, 4C7;C3 BN:4F:4O= A>=@0 M5@<5B8: 10L;09K@;0@. 'O;;O98= FAB 30?0LK=40 9C9C;<090= 1>903;0 B@0D0@5B8= :N<O:;898 8;O <0@:0;0=<0 0?0@K;K@. C@040 702>4C= 04K 2O 90 =N<@OA8, <OIAC;C= 04K 2O 8AB5IA0; B0@8E8, 90L D0878, GO;;O98= AK@0 =N<@OA8 (8;8= O22O;8=4O= 10H;090@03 =N<@O;O=8@), =5BB>, 1@CBB> 2O B0@0=K= :FB;OA8 3594 548;8@. !>9C4C6C 2O 90 90L-?5=48@ 1070;0@K=40 O;02O >;0@03 IO<8= BOH:8;0BK= 04K 2O 90 =N<@OA8, =>@<0B82-B5E=8:8 AO=O48= =N<@OA8, B0@0=K= ?@59A:C@0=B =N<@OA8 () 907K;K@. @K=70=K !" 8777-80 BO;O18=O C9LC= GO;;O:;O@O 301;0H4K@K@, F7O@8=O BC@HC;CLC 70-800" 2O 12-13% 4C7;C 7O@401 4C7;CLC BN:F;F@. C7;C340 95B8HO= ?5=48@;O@8 GO;;O:;O@4O 6-80!-4O A0E;09K@;0@. 'O;;O:;O@8 <0; 0;B;K3;0@K FABF=O 3>9<03 ;07K<4K@. )O@ 10-15 MF=4O=-18@ GO;;O:;O@8 G528@8@;O@. 8A18 @FBC1OB 80-85% >;<0;K4K@. 0L070 HO@08B8=4O 8;8= 8AB8 20EBK=40 4C7;C340 95B8HO= ?5=48@;O@8 10 MF=, A>9C4C6C >;0= <0L070;0@40 2O IO<G8=8= A>9C3 20EB40 15 MF= A0E;0<03 >;0@. 5=48@;O@8 909 DOA;8=4O 87>B5@<8: 203>=;0@40 40HK9K@;0@. C 70<0= 40E8;4O B5<?5@0BC@ 80!-4O= 9F:AO: >;<C@. KH40 8AO 8A848;<O9O= 87>B5@<8: 203>=;0@40 40HK9K@;0@. 03>=;0@0 ?5=48@ 4>;C GO;;O:;O@8 HB015; 30940AK=40 9KLK@;0@. 09 20EBK 203>=C= B020=K=40= 20-15 A< 0H0LK 9KLK;<0;K4K@. !C 9>;C 8;O 40HK4K340 59=8 HO@B;O@ =O7O@O 0;K=K@. 2B><>18; =O3;8990BK 8;O 40HK4K340, 40E8;4O 8-100! B5<?5@0BC@C BO<8= 54O= 02B>@5D@8J5@0B>@;0@40= 8AB8D04O 548;8@. !0E;0<0 70<0=K 4C7;C340 95B8HO= ?5=48@;O@4O 18@ G>E ?@>A5A;O@ 10H 25@8@. C 70<0= ?5=48@8= BO@:818=4O >;0= HO:O@8= <8340@K 070;K1 B0<0<8;O 9>E >;C@, BC@HC;C3 O22O;6O 0@BK@, 30 MF=4O= A>=@0 8AO BO4@86O= 070;K@, ?)-K= 389<OB8 0@BK@. C7;C340 95B8HO= ?5=48@;O@4O =O<;898= <8340@K 45-60 MF=O 3O4O@ BO4@86O= 070;K@, A>=@0 BO6@F1O28 >;0@03 4O98H8;<8@. C@C <044O4O 90LK= <8340@K ?5=48@ 95B8H48:6O 2O 45<O;8 4C7;0=4K360 0@BK@. F;0;K= ?0@G0;0=<0 AF@OB8 8;: 30-40 MF=4O I8AA >;C=C@, A>=@0 4C7;0=<0 =OB86OA8=4O 7F;0;K= ?0@G0;0=<0AK 45<O: >;0@ :8, :OA8;8@. '0=0E ?5=48@8=4O IO;; >;0= 07>BC= F<C<8 07>B0 =8A1OB8, ?5=48@8 4C7;C340 A0E;090=40 BO3@81O= 60 MF= O@78=4O 0@BK@, A>=@0 0@B<K@ 2O 23-25% AO2899OA8=4O 30;K@. O7O@O 0;<03 ;07K<4K@ :8, 60 2O 90 MF= A0E;0<03 4C7;C340 95B8HO= ?5=48@;O@ FGF= A>= IO448@, 1C=40= A>=@0 IO448=4O= 0@BK3 H>@ 4040 4FH<OA8 2O ?5=48@8= IO;; >;0= <044O;O@8=8= 9C9C;C1 (IO;; >;C1) 4C7;CL0 :5G<OA8 =OB86OA8=4O 1C ?5=48@;O@8= :59D899OB8 0H0LK 4FHF@. !0E;0<0 70<0=K @K=7040 7F;0;K= 40%-O 3O4O@8=8= IO;; >;0= D>@<090 :5G<OA8=O 10E<090@03 >, 4O@8= ?0@G0;0=<090 CL@0<K@. 33,4% IO;; >;0= 7F;0;40 :0758= 07>BC 27,7%, ?5?B>=;0@K=, 0;1C<>7;0@K= 2O 0<8=BC@HC;0@K=K= 7F;0;K 8AO 0=603 5,7% BOH:8; 548@. -N@F=F@ 4C7C= BOA8@8 8;O 7F;0; ?5?B870A89090 CL@09K@ 2O >, IO;; >;0= D>@<090 :5G8@. 0BK 4C7;C3 2O ?5=48@ :FB;OA8=8= A8=5@578A8, 4C7;C340 2O @K=70=K= AC D070AK=40 4C7C= 30BK;KLK =8A1OBO= 1O@01O@;OHO= (14-18%) <><5=BO :8<8 @K=7040 @FBC1OB <8340@K=K= 2O GO:8A8=8= 070;<0AK=0 AO1O1 >;C@, 1C 40 30 MF=;F: @K=70 GO:8A8=8= AB018;;OH<OA8=O C9LC= MO;8@. 8DDC78>= ?@>A5A;O@ AN=4F:4O= A>=@0 7F;0;K= I84@0B0A890 E0AAO;O@8 MF6;F AC@OB4O <5940=0 GKE<0L0 10H;09K@, 1C=C= =OB86OA8=4O @K=70=K= GO:8A8 2O >=40 @FBC1OB8= <8340@K 0@BK@, 7F;0;K= H8H<OA8 <FO99O= IO44O G0B0=40 @K=70=K= GO:8A8 AB018;;OH8@. 0L07040 A>9C4C6C >;<090= HO@08B4O 1FBF= ?5=48@;O@8 5-10 MF=4O= G>E, A>9C4C6C >;4C340 2O 8;8= 3KH DOA;8=4O 1O@: 3C@A03 <090;K 2O 4C7;C340 A0E;0=0= ?5=48@;O@8 15 MF=, 3O;90=0;BK ?5=48@;O@8 5 MF=, O@M8= ?5=48@;O@8 10 MF=, 52 ?5=48@8=8 1,5 MF= A0E;0<03 >;0@. 7.10. #  >=4C@<0 AF4, 309<03, <592O-M8;O<592O <OIAC;;0@K, HO:O@, <FEBO;8D 404 2O OB8@ 25@O= <044O;O@ 2O A018B;OH48@868;O@8= 30@KH4K@K;K1 G0;K=<0AK 8;O I07K@;0=K@. 50-4O= G>E G5H844O 4>=4C@<0 8AB5IA0; 548;8@. /A0A 4>=4C@<0 =N2;O@8=O AF4;F, 309<03;K, ?;><18@, <592O-M8;O<592O;8 2O 0@><0B;K 4>=4C@<0;0@ 08448@. C=;0@K= IO@ 18@8=8= O;02O;O@8=4O= 0AK;K >;0@03 <FEBO;8D G5H848 8AB5IA0; 548;8@. >=4C@<0 9F:AO: 3840;K;K3 4O9O@8=O <0;8:, >@30=87<4O 0A0= <O=8<AO=8;O= 3840 <OIAC;C4C@. !F4 OA0AK=40 I07K@;0=4KLK=40= BO@:818=4O AF4 90LK (G5H848=4O= 0AK;K >;0@03 2,8%-4O= 15%-O 3O4O@), 7F;0;;0@, HO:O@ (14%-4O= 16%-O 3O4O@, 1O78 G5H848=4O 28%-O 3O4O@), <8=5@0; <044O;O@, 28B0<8=;O@ (, , ,  3@C?C, ,  2O A.) 20@4K@. >=4C@<0=K= BO@:818=4O AF4 90LK G>E EK@40 :F@O68:;O@ D>@<0AK=40 >;C@. >=4C@<0=K= 7F;0;K :0758=, 0;1C<8= 2O 3;>1C;8=4O=, :0@1>I84@0B;0@K 8AO AF4 2O GCLC=4C@ HO:O@8=4O= 810@OB48@. >=4C@<0=K= <FEBO;8D G5H848=4O 41-57 <3% 0, 151-168 <3% , 122-140 <3% 0, 17-26 <3% M, 96-100 <3% , 0,1-0,2 <3% $5 20@4K@. 8B0<8=;O@4O= <3%-;O:   0,02-0,07; (-:0@>B8=  0,01-0,06; 1  0,03-0,07; 2  0,16-0,21;   0,05-0,98;   0,4-0,6 20@4K@. /;02O;O@4O= 0AK;K >;0@03 4>=4C@<0=K= BO@:818=4O 48MO@ 3840;K 2O 18>;>J8 DO0; <044O;O@ 20@4K@. >=4C@<0 8AB5IA0;K=40 OA0AO= AF4 2O AF4 <OIAC;;0@K=40=, HO:O@ 2O HO:O@;8 <044O;O@4O=, B>9C3 9C<C@B0AK=40=, <592O 2O M8;O<592O;O@4O=, :O@O 90LK=40=, 10;, AC:0B, :8H<8H, 404 2O OB8@25@868 <044O;O@4O= (3OI2O, :0:0>, O42899O;O@ 2O OB8@;8 6N2IO@;O@), 9598=B8 1>90;0@K=40=, AB018;;OH48@868;O@4O= (J5;0B8=, 030@-030@, 030@>84, =8H0AB0, ?5:B8= 2O A.), F728 BC@HC;0@40= 8AB8D04O >;C=C@. >=4C@<0 8AB5IA0;K=K= F<C<8 B5E=>;>J8 O<O;8990B;0@K 0H0LK40:K;0@K OI0BO 548@: - E0<<0;;0@K= I07K@;0=<0AK 2O @5A5?B F7@O 30@KH4K@K;<0AK; - 30@KHKLK= 85>!-4O 50-60 A0=89O ?0AB5@87O 548;<OA8; - 30@KHKLK= AF7F;<OA8 2O I5<>M5=;OH48@8;<OA8; - 30@KHKLK= A>9C4C;<0AK(0-6>!-4O:) 2O A0E;0=K;K1 95B8H48@8;<OA8(7F;0;;0@K= H8H<OA8 2O 90L :F@O68:;O@8=8= 1O@:8<OA8 FGF=): - 30@KHKLK= - 5>!-4O 4>=4C@C;<0AK; - 4>=4C@<0=K= 301;0H4K@K;<0AK 2O 1O@:8<OA8 (8@8 301;0@40  18  -20>!-4O 18@ MF=, O4O48 4>=4C@<0;0@ 8AO -40>!-4O 15-25 4O383O); - I07K@ 4>=4C@<0=K= A0E;0=K;<0AK. /= G>E 8AB5IA0; 548;O= 4>=4C@<0=K= G5H848 3@C?;0@ F7@O 0H0LK40:K;0@4K@. !F4;F 4>=4C@<0=K= G5H848=4O= 20=8;;8, 3>7;C, 3OI2O;8, H>:>;04;K 4>=4C@<0;0@K MNABO@<O: >;0@. C=;0@K= BO@:818=4O 3,5% 90L, 15% HO:O@, 29% 3C@C <044O >;C@. OI2O;8 4>=4C@<090 3% <8340@K=40 F9F4F;<FH 3OI2O 5:AB@0:BK O;02O 548;8@. (>:>;04;K 4>=4C@<0=K= 1 B>=C=0 45 :3 H>:>;04 2O 90 15 :3 :0:0> B>7C O;02O 548;8@. >7;C 4>=4C@<0 F9F4F;<FH 3>7 2O 90 DK=4K3;0 I07K@;0=K@. 09<03;K 4>=4C@<0=K= G5H848=4O= 20=8;;8, 3>7;C, 3OI2O;8, F7F<;F, H>:>;04;K, M8;O<592O;8 2O :0@0<5;;8 4>=4C@<0;0@K MNABO@<O: >;0@. C=;0@K= BO@:818=4O 8-10% 90L, 14-15% HO:O@ 2O 33-38% 3C@C <044O >;C@. ;><18@ 4>=4C@<0AK=K= G5H848=O H>:>;04;K, F7F<;F, 3>7;C, 3OI2O;8, <592O-M8;O<592O;8, :@5<-1@9C;5 2O :0@0<5;;8 4>=4C@<0;0@ 08448@. C=;0@K= BO@:818=4O 12-15% 90L, 15-16% HO:O@ 2O 38-43% 3C@C <044O >;C@. 592O-M8;O<592O;8 4>=4C@<0=K= G5H848=O G89O;O:;8, <>@C3;C, ;8<>=;C 2O A. 4>=4C@<0;0@ 08448@. C=;0@K= BO@:818=4O 30% 3C@C <044O, > 6F<;O4O= 27% HO:O@ >;C@. 592O ?F@5A8 (G89O;O:, <>@C3, 0;10;K, O@8:, ?>@B0L0; 2O A.) 14% <8340@K=40 30BK;K@. @><0B;K 4>=4C@<0=K= G5H848=O G89O;O:;8, M8;0A;K, <>@C3;C, ;8<>=;C, 309<03;K >@>7:0, HO@1OB 2O AF4;F 09B0EB 4>=4C@<0;0@K 08448@. C=;0@K= BO@:818=4O 25-33% 3C@C <044O, > 6F<;O4O= 14-28% HO:O@ >;C@. >@>7:040 8%, 09B0EB 4>=4C@<0AK=40 5% 90L >;C@. >=4C@<0=K= )O2OA:0@ =N2;O@8 18@ 30940 >;0@03 @5AB>@0=, :0D5 2O 0HE0=0;0@40 I07K@;0=K@. C=;0@K= BO@:818=4O 6,1-9% 90L, 11,3-14% HO:O@, 32-36% 3C@C <044O >;C@. >=4C@<0=K= <FEBO;8D G5H848=8 50, 80 2O 100 3@ :FB;O4O 20D;8;8 2O 90 20D;8A87 1@8:5B4O, :0LK7 2O 90 20D;8 ABO:0=;0@40, 8-10 :3 :FB;O4O <5B0; M8;87;O@4O I07K@;09K@;0@. A:8<> 4>=4C@<0AK H>:>;04 :FB;OA8 8;O H8@O;O=8@. )07K@;0=<KH 4>=4C@<0;0@ -200!-4O 3 090 3O4O@ A0E;0=K;K@. "860@OB HO1O:OA8=4O -120!-4O= 9F:AO: >;<090= B5<?5@0BC@40 5 MF= A0E;0<03 >;0@. @30=>;5?B8:8 3094040 4>=4C@<0=K= :59D899OB8 100 10;; A8AB5<8 8;O 389<OB;O=48@8;8@. 04 2O OB@8=O 60 10;;, 3C@C;CHC 2O :>=A8AB5=A890AK=0 30 10;;, @O=M8=O 2O E0@868 MN@F=FHF= 5 10;;, B0@0 2O 301;0H4K@K;<0AK=0 5 10;; 25@8;8@. 89<OB;O=48@<O4O= 0AK;K >;0@03 96-100 10;; >;0= 5:AB@0, 91-95 10;; >;0= O;0 =N2, 80-90 10;; 8AO 1 =N2O 084 548;8@. >=4C@<0=K= D878:8-:8<9O28 MNABO@868;O@8=4O= OA0AO= 90LK=, HO:O@8=, =O<;898= 2O 3C@C <044O=8= <8340@K, BC@HC;CLC, I020 8;O G0;K=<0 4O@O6OA8 <FO99O= 548;8@. >=4C@<0=K= A0E;0=K;<0AK. >=4C@<0=K 40E8;4O= 30;09;0=<KH 30?0LK <NI:O< N@BF;O= <5B0; M8;87;O@O 301;0H4K@K@;0@. 0?0LK= 0;BK=40= ?5@30<5=B 2O 90EC4 ?>4?5@30<5=B :0LK7K 3>9C;C@. 'O:8 8;O A0BK;0= 4>=4C@<0=K 40E8;8=O ?>;85B8;5= AO@8;<8H 3ND@O;8 :0@B>=40= 95H8:;O@O 4O 301;0H4K@K@;0@. C B0@0;0@K= FABF=;F9F >=;0@K= :FB;OA8=8= 07, D>@<0AK=K= AO<O@O;8 >;<0AK=404K@. /4O48 A0BK;0= EK@40 GO:8;81-1F:F;<FH 4>=4C@<0;0@K 20D;8 ABO:0=;0@40, B@C1>G:0;0@40, ?0@0D8=;OH48@8;<8H :0@B>=40= ABO:0=;0@40, ;0<8=8@;OH48@8;<8H A5;;>D0= ?0:5B;O@4O, 30?03;K ?>;8AB8@>; ABO:0=;0@40, IO<G8=8= D>;3040= :8G8: :0@>1:0;0@40 1C@0EK;K@. !>9C4C6C;0@40 4>=4C@<0=K -200!-4O A0E;09K@;0@. =10@K= B5<?5@0BC@C=C= 408<8;898 :59D899OB FGF= OA0A HO@B48@. "5<?5@0BC@ DO@38 90@0=4K340 4>=4C@<040 8@8 1C7 :@8AB0;;0@K O<O;O MO;8@. >=4C@<0=K= A0E;0=K;<0 <F44OB8 >=C= :8<9O28 BO@:818=4O=, 5;O6O 4O G5H848=4O= 0AK;K4K@. !>9C4C6CE0=0;0@40 -14 ( -180!-4O <592O-M8;O<592O 4>=4C@<0AK=K 1,5 09, :O@O;8 2O AF4;F 4>=4C@<0=K 2 09, ?;><18@ 4>=4C@<0AK=K 3 09 A0E;0<03 >;0@. "860@OB HO1O:OA8=4O 4>=4C@<0=K -120!-4O= 9F:AO: >;<090= B5<?5@0BC@40 5 MF=4O= G>E A0E;0<03 >;<07. $ / !   +++ ## " / ## " /)!# + C<C@B0 3840;K;K3 4O9O@8=O MN@O 9F:AO: :59D899OB;8 2O >@30=87<4O 97-98% <O=8<AO=8;O= O@703 <OIAC;C4C@. C<C@B0=K= BO@:818=4O B0< 4O9O@;8 7F;0;;0@, 90L;0@, ;5A8B8=;O@, 28B0<8=;O@ 2O <8=5@0; <044O;O@ 20@4K@. C<C@B0 <044O;O@ <F1048;OA8=8= =>@<0; M5B<OA8=O <FA1OB BOA8@ 548@, A8=8@ A8AB5<8=8 <NI:O<;O=48@8@, 8=D5:A8>= EOABO;8:;O@O 30@HK <F3028<OB8 0@BK@K@, CH03;0@K 8AO @0E8B EOABO;898=4O= 3>@C9C@. @B0 90H;K 040< D878>;>J8 =>@<090 OA0AO= 8;4O 260 O4O4 (3 MF=4O 2 O4O4) 9C<C@B0 95<O;848@. C<C@B0 2O >=40= 0;K=0= <OIAC;;0@ 86B8<08 80HO4O, C=;C 3O==04K <O<C;0BK 8AB5IA0;K=40, GN@O:G8;8:4O, :>;10A0 <O<C;0BK, <09>=57 2O 48MO@ 9598=B8 8AB5IA0;K=40 8AB8D04O >;C=C@. ">9C3 9C<C@B0AK. C@C;CHC=0 MN@O 3 OA0A I8AAO4O= 810@OB48@. FB;O9O MN@O B>9C3 9C<C@B0AK=K= 56%-=8 0LK, 32%-=8 A0@KAK 2O 12%-=8 301KLK BOH:8; 548@. C<C@B0=K= 301KLK :0;A8C<, <03=578C< 2O D>AD>@ 4C7;0@K=40= BOH:8; >;C=<CH4C@. C<C@B0 301KLK=40 E59;8 <OA0<O;O@ 20@4K@. C=;0@ 20A8BOA8;O 307 <F1048;OA8 90@0=K@. C<C@B0=K= 0LK 8:8 3K;0D;0 301K340= 09@K;K@; 1C 3K;0D;0@K= 18@8 18;020A8BO 301KL0 90?KH<KH, 8:8=68A8 8AO 18;020A8BO 9C<C@B0=K= 0LK=K 1F@F<FH >;C@. C<C@B0 0LK=K= 30BK;KLK 359@8-1O@01O@48@. 8;020A8BO 3K;0D 0;BK=40 2O 9C<C@B0 A0@KAK OB@0DK=40 9C<C@B0 0LK 4C@C, >@B0 ;0940 8AO 30BK 2O A5;8:;8 >;C@. C<C@B0 A0@KAK =078: ?O@4O 8;O OI0BO >;C=<CH4C@; 1C=0 9C<C@B0 A0@KAK ?O@4OA8 4598;8@. C<C@B0 A0@KAK 30BK 9C<C@B0 0LK 2O7;O@8 20A8BOA8;O 9C<C@B0=K= >@B0AK=40 A0E;0=K;K@. C<C@B0 A0@KAK=K= 9CE0@K I8AAOA8=4O 48A: HO:;8=4O @FH59< 95@;OH8@. "O7O 9C<C@B040 1C I5G MN@F=<F@, 90 40 GOB8= MN@F=F@. "O7O 9C<C@B0=K= 8G8 9C<C@B0 0LK 2O 9C<C@B0 A0@KAK 8;O 4>;C >;C@, ;0:8= 18@ =5GO A00B40= A>=@0 9C<C@B0 0LK=40= AC9C= 18@ I8AAOA8=8= 1CE0@;0=<0AK I5A01K=0 9C<C@B0=K= C6C=40, 301K30;BK 3K;0D;0@ 0@0AK=40 1>H;C3 O<O;O MO;8@ 2O 1C@090 I020 4>;C@. C<C@B0 =O 3O4O@ G>E A0E;0=K;0@A0, >=C= 0LK=40= 2O A0@KAK=40= AC9C= 1CE0@;0=<0AK A09OA8=4O IO<8= I020 1>H;CLC M5B48:6O 0@BK@. C<C@B0 5;;5?A D>@<040 >;<03;0 C7C=;CLC=C= 5=8=O =8A1OB8 1,4:1,0 =8A1OB8 :8<848@. C<C@B0=K= BO@:818=4O 74% AC; 12,7% 7F;0;; 11,5% 90L; 0,7% :0@1>I84@0B; 1% <8=5@0; <044O;O@; , , , 1, 2, 6, 12,  28B0<8=;O@8; 0, , 0, , $5, M :8<8 <0:@>- 2O *, $,  2O A. <8:@>- 5;5<5=B;O@; 1FBF= O2O7548;<O7 0<8=BC@HC;0@K 20@4K@. C<C@B0=K= 0LK=K= BO@:818=4O 85,7% AC; 12,7% 7F;0;; 0,7% :0@1>I84@0B; 0,6% <8=5@0; <044O; 0,03% 90L 20@4K@. C<C@B0 0LK=K= BO@:818=4O 7F;0;;0@40= >2>0;1C<8=, >2>3;>1C;8=, >2><CA8=, >2><C:>84 2O 10:B5@8A84 E0AAO;8 ;87>A8< 7F;0;K 20@4K@. C<C@B0 0LK=40:K 02848= 7F;0;K BO@:818=4O 10% " >;0= 3;F:>?@>B584-457>:A8@81>=C:;5>?@>B584 04;0=K@. 2848= 7F;0;K=K= 18@ I8AAOA8 ) 28B0<8=8 (18>B8=) 8;O 18@;OH<8H >;C@. 0@1>I84@0B;0@40= 0,4% 3;F:>70, D5@<5=B;O@4O=  ?@>B58=070, ?5?B84070, 0<8;070, D>AD0B070, :0B0;070 2O A. 20@4K@. 8B0<8= 6OIOB4O= 7O8D48@, 07 <8340@40  3@C?C 28B0<8=;O@8 @0AB MO;8@. C<C@B0 0LK - 4,50!-4O 4>=C@, 60-650!-4O 45=0BC@0B;0HK@, EFACA8 GO:8A8 1,045, ?)-K 8AO 7,5-48@. C<C@B0 0LK=K= 70%-=8 =8A1OBO= 30BK I8AAO BOH:8; 548@. 0BK I8AAO=8= 4C@C I8AAO9O =8A1OB8 9C<C@B0 0LK=K= 8=45:A8 04;0=K@. "O7O 9C<C@B040 1C 8=45:A 0,7-0,8 >;<03;0 A0E;0=K;<0 4N2@F=4O 0,2-0,3-O 3O4O@ 070;K@. C<C@B0 A0@KAK O= 4O9O@;8 I8AAO A09K;K@. "O@:818=4O 50-54% AC, 29-32% 90L 2O ;8?>84;O@, 16-17% 7F;0;, 1%-O 3O4O@ <8=5@0; <044O 2O :0@1>I84@0B 20@4K@. C<C@B0 A0@KAK=K= OA0AK=K 28B5;;8= (78%), ;825B8= 2O D>AD8B8= BOH:8; 548@. C<C@B0 A0@KAK 7O8D BC@H @50:A890 25@8@ (?) 6-90 90EK=4K@). C<C@B0 A0@KAK=K= ;8?84;O@8 21-23% 90L40=, 12%-O 3O4O@ D>AD0B84;O@4O=, IO<G8=8= 5% E>;5AB5@8=4O= 810@OB48@. C<C@B0 90LK 34-390!-4O O@898@, GF=:8 BO@:818=4O 70%-O 3O4O@ 4>9<0<KH 90L BC@HC;0@K (>;58=, ;8=>;, ;8=>;5=, ?0;<8B>>;58=) 20@4K@. >9<CH 90L BC@HC;0@K=40= ?0;<8B8=, AB50@8= 2O A. 20@4K@. C<C@B0 A0@KAK 9F:AO: 5<C;30B>@ E0AAOA8=O <0;8:48@. 8=5@0; 2O :0@1>I84@0B BO@:818=O MN@O 9C<C@B0 0LK=0 >EH0@4K@, ;0:8= 1C@040 38;8:>M5= 4O 20@4K@. C<C@B0 A0@KAK=K= 4>=<0 4O@O6OA8 - 0,650!, EFACA8 GO:8A8 1,028-1,029-4C@. C<C@B0=K= BO7O;898 9C<C@B0 A0@KAK=K= 8=45:A8 8;O <FO99O= 548;O 18;O@. C<C@B0 A0@KAK=K= IF=4F@;F9F=F= >=C= 480<5B@8=O =8A1OB8 A0@K 8=45:A8 04;0=K@. "O7O 9C<C@B0=K= A0@K 8=45:A8 0,4-0,45 >;C@, A0E;0=4K340 8AO 070;K@. !0@K 8=45:A8 0,25 >;4C340 ?O@4O ?0@B;09K@ 2O 9C<C@B0=K= A0@KAK 0LK=0 30@KHK@. C<C@B0=K= 301KLK=40 93,5% 03, 1,4% M3, 0,8%-O 3O4O@ 03(4)2 2O M3(4)2, 07 <8340@40 8AO :>;;0M5= 20@4K@. 0;K=;KLK 0,2-0,4 <<, :FB BO@OD4O 18@ 3O4O@ =078:;OH8@. 01KLK= 1 A<2 A0IOA8=4O 100-140 :8G8: (4-40 <8:@>=) <OA0<O;O@ >;C@. )O<8= <OA0<O;O@4O= 9C<C@B0=K= 40E8;8=O I020 2O <8:@>>@30=87<;O@ :5G8@ 2O 9C<C@B0 N7 AC9C=C= 18@ I8AAOA8=8 1CE0@;0=4K@0@03 :FB BO@OD4O 1>H;C3 O<O;O MO;8@. "O7O 9C<C@B0=K= AOBI8 359@8-?0@;03, A0E;0=K;<KH 2O :NI=O 9C<C@B0=K= AOBI8 8AO ?0@;03 >;C@. HKLK 90EHK :5G8@4898=4O= >2>A:>?;0 :59D899OB8 9>E;0=K;K@. "O7O;898=O, :59D899OB8=O 2O A0E;0=K;<0 HO@08B8=O MN@O 9C<C@B0;0@ ?OI@87 2O 0HE0=0 9C<C@B0AK =N2;O@8=O 09@K;K@. OI@87 9C<C@B0AK 9C<C@B;0=0= MF=4O= 5B810@O= 7 MF= O@78=4O 8AB5I;0:GK;0@0 G0B4K@K;K@. 5;O 9C<C@B0;0@K= FABF=4O 9C<C@B;0=0= B0@8E8 MNABO@O= HB0<? 2C@C;C@. 5;O 9C<C@B0=K= 0LK 30BK 2O HODD0D >;<0;K, A0@KAK 8AO B0< <O@:O74O 95@;OH<O;848@. !0@KAK=K= 48A:8 MN@F=<O<O;848@, 1>H;CLC= IF=4F@;F9F 4 <<-4O= G>E >;<0<0;K4K@. HE0=0 9C<C@B0AK=0 43 3-40= 07 >;<090= 1FBF= 9C<C@B0;0@ 2O 44 3-40= 0@BK3 :FB;O4O >;0=, ;0:8= 7 MF=4O= 0@BK3 A0E;0=K;0= 9C<C@B0;0@ 08448@. !0E;0=K;<0 HO@08B8=O 2O <F44OB8=O MN@O 0HE0=0 9C<C@B0AK BO7O, 1C7E0=0 2O OIO=M AC9C=40 A0E;0=K;<KH =N2;O@O 09@K;K@. "O7O 0HE0=0 9C<C@B0AK <O=D8 1-20! B5<?5@0BC@40= 0H0LK >;<090= B5<?5@0BC@40 30 MF=O 3O4O@ A0E;0=K;0= 9C<C@B04K@. C7E0=0 9C<C@B0AK <O=D8 1-20!-4O 30 MF=4O= 0@BK3 A0E;0=K;0= 9C<C@B0;0@4K@. FBF= =N2 9C<C@B0;0@ :59D899OB8=4O= 2O :FB;OA8=4O= 0AK;K >;0@03 + 2O ++ 4O@O6O9O 1N;F=F@. + 4O@O6O;8 ?OI@87 9C<C@B0AK=K= IO@ 18@8 54 3-40=, 10 O4O48 550 3-40= 07 >;<0<0;K, ++ 4O@O6O;8 ?OI@87 9C<C@B0AK=K= 1 O4O48 44 3-40=, 10 O4O48 440 3-40= 07 >;<0<0;K4K@. + 4O@O6O;8 BO7O 0HE0=0 9C<C@B0AK=K= 1 O4O48 48 3, 10 O4O48 480 3, I020 :0<5@0AK=K= IF=4F@;F9F 7 <<-4O= G>E >;<0<0;K4K@. ++ 4O@O6O;8 BO7O 0HE0=0 9C<C@B0AK=K= 1 O4O48 43 3, 10 O4O48 8AO 430 3-40= 07 >;<0<0;K4K@. )020 :0<5@0AK=K= IF=4F@;F9F 9 <<-4O= G>E >;<0<0;K4K@. C7E0=0 9C<C@B0AK=K= 4O@O6O;O@ F7@O :FB;OA8 BO7O 0HE0=0 9C<C@B0AK=40= DO@3;O=<8@, ;0:8= 1>H;CLC= IF=4F@;F9F 1 4O@O6O;84O 11 <<-4O=, ++ 4O@O6O;84O 8AO 13 <<-4O= G>E >;<0<0;K4K@. 59D899OB8=O MN@O ++ 4O@O6O;8 9C<C@B090 C9LC= >;0=, ;0:8= :FB;OA8 43 3-40= 07 >;0= EK@40 9C<C@B0 04;0=K@. 5;O 9C<C@B0 86B8<08 80HO4O 2O 90 AO=095 5<0;K FGF= 8AB8D04O >;C=C@. C<C@B0=K 0H0LK :59D899OB;8 I0;0 MOB8@O= =N3A0=;0@ I020 :0<5@0AK IF=4F@;F9F=F= 9C<C@B0=K= IF=4F@;F9F=F= 1/3 I8AAOA8=4O= 0@BK3 >;<0AK, 9C<C@B0;0@K= AK=K3 (G0B;0<KH, O78:) >;<0AK, ;0:8= 0E<0<0AK 2O 9C<C@B0=K= :O=0@, ;0:8= B57 @O44 548;O 18;O= 3>EC90 <0;8: >;<0AK :8<8 =N3A0=;0@40= 810@OB48@. !0@KAK 2O 0LK 38A<O= 30@KH<KH 9C<C@B0, :O=0@ 3>ECAC >;0= 9C<C@B0, 301KLK=K= 0;BK=40 AOBI8=8= O= G>EC 1/8 I8AAOA8=8 BOH:8; 54O= 18@ 2O 90 18@ =5GO BF=4 ;O:O;8 9C<C@B0 2O A0@KAK 3C@C9C1, ;0:8= :8D;O=<O<8H 2O 301KLK=0 90?KH<KH 9C<C@B0 40 0H0LK :59D899OB;8 9C<C@B0 A09K;K@. 070 2O 0=10@;0@40 9C<C@B0 3O1C; 548;O@:O= 0H0LK40:K <8340@40 :O=0@;0H<090 8607O 25@8;8@. + 2O ++ 4O@O6O;8 ?OI@87 9C<C@B0;0@K=40 1% AK=<KH;0@K= >;<0AK=0, + 4O@O6O;8 BO7O 0HE0=0 2O 1C7E0=040 A0E;0=K;0= 9C<C@B0;0@40 8AO 5% ++ 4O@O6O;8, 2,5% 384090 90@0@AK7 2O 0,5% B5E=8:8 1@0: 9C<C@B0=K= >;<0AK=0 8607O 25@8;8@. ++ 4O@O6O;84O 3,0% 384090 90@0@AK7 2O 0,75% B5E=8:8 1@0: 9C<C@B0=K= >;<0AK=0 8607O 25@8;8@. C<C@B0=K= BO7O;898=8 9>E;0<03 FGF= A0@K 8=45:A8 OA0A MNABO@868 I5A01 548;8@. "O7O ?OI@87 9C<C@B0AK=40 1C 8=45:A8= 389<OB8 0,4-0,45; :NI=O4O 8AO =8A1OBO= 07 >;C@. =45:A8= 389<OB8 0,25-4O= 07 >;4C340 A0@K ?0@B;09K@ 2O 9C<C@B0=K= :59D899OB8 0H0LK 4FHF@. !>@B;0H4K@K;<KH 9C<C@B0;0@ BCBC<C 1440, 720 2O 360 O4O4 >;0= AB0=40@B 95H8:;O@O 301;0H4K@K;K@. C<C@B0=K OA0AO= 3ND@O;O=<8H :0@B>=40= I07K@;0=0= :0@>1:0;0@0 301;0H4K@K@;0@. )O<8= :0@>1:0;0@0 IO@ 18@8=4O 30 9C20AK >;0= 12 O4O4 EFACA8 :0@B>=40= I07K@;0=<KH B01036K3;0@ 3>9C;C@. 5;O :0@>1:0;0@0 360 O4O4 9C<C@B0 301;0H4K@K;K@. OI@87 9C<C@B0;0@K 10 O4O4 >;<03;0 :0@B>= 3CBC;0@0 301;0H4K@K;K@. 01;0H4K@K;<KH IO@ B0@090 90@;K: 2C@C;C@. @040 A>@B;0H4K@K6K=K= 2O 301;0H4K@K6K=K= =N<@OA8, 301;0H4K@<0 B0@8E8 (9C<C@B;0=0= MF=), <FOAA8AO=8= 04K, B860@OB <0@:0AK, B0@0=K= =N<@OA8 2O 9C<C@B0=K= 389<OB8, 9C<C@B0=K= =N2 2O 4O@O6OA8 MNABO@8;8@. !0BKH0 25@8;O= + 4O@O6O;8 ?OI@87 9C<C@B0AK=0 3K@<K7K @O=M4O +, ++ 4O@O6O;89O MN9 @O=M;8 ++ 907K;K@. C<C@B0 301;0H4K@K;0= B0@090 8AO ?OI@87 9C<C@B0AK=40 , BO7O 0HE0=0 9C<C@B0AK=40 , 1C7E0=040 A0E;0=K;0= 9C<C@B040 % IO@D8, 4O@O6O;O@8 MNABO@<O: FGF= 8AO + 2O ++ @O3O<8 907K;K@. C<C@B0=K 02B><>18;, AC 2O 4O<8@9>;C =O3;8990BK 8;O 40HK9K@;0@. F:;O<O-1>H0;B<0 20EBK 9C<C@B0=K E0@868 BOA8@;O@4O= (7O@1O, MF=OH, B>7, 90LKH 2O A.) 3>@C<03 ;07K<4K@. ;8= 8AB8 20EB;0@K=40 9C<C@B0=K 87>B5@<8: 203>=;0@40 40HK9K@;0@. C 70<0= 203>=;0@40 1C7 20A8BOA8;O 1-20! B5<?5@0BC@0 90@04K@;0@. /:A8=O E0@868 <FI8B4O -20!-4O= 0H0LK B5<?5@0BC@ >;4C340 203>=;0@ 8A848;8@ :8, 9C<C@B0 4>=<0AK=. C<C@B0=K 0& +20! B5<?5@0BC@40 85-88% =8A18 @FBC1OB4O A0E;09K@;0@. 5H8: 2O :0@>1:0;0@ HB015; 30940AK=40 9KLK;K@. C<C@B0=K AO@8=, BO<87 2O 3C@C 95@4O, 898 >;<090= <OIAC;;0@;0 18@;8:4O A0E;0<03 >;0@. C<C@B0=K= <0L070 HO@08B8=4O A0E;0=K;<0 <F44OB8 909 <N2AF<F=4O (1 <09  1 A5=B901@) 3 MF=, ?09K7-3KH <N2AF<F=4O (1 A5=B901@  30 0?@5;) 6 MF=4O= 0@BK3 >;<0<0;K4K@. !0E;0=K;<0 HO@08B8=O MN@O 9C<C@B0;0@ 1C7E0=0 9C<C@B0AK 2O OIO=M <OI;C;C=40 A0E;0=K;<KH 9C<C@B0 =N2;O@8=O 09@K;K@. C<C@B0=K <O=D8 2-2,50!-4O 6-7 09 A0E;0<03 <F<:F=4F@. C<C@B0=K= 2 307K=40 A0E;0=K;<0AK 2O AOBI8=8= 3>@C9C6C N@BF:;O 5<0; 548;81 A0E;0=K;<0AK 40 BOB183 548;8@. C<C@B0=K= 3>@C9C6C N@BF:;O 5<0; 548;<OA8 =OB86OA8=4O 301K340:K <OA0<O;O@ N@BF;F@ 2O 9C<C@B0=K= 1CE0@;0=<0AK=K= 30@HKAK 0;K=<03;0, <8:@>@30=87<;O@8= 9C<C@B0 40E8;8=O :5G<OA8=O <0=5G8;8: BN@O48@. >@C9C6C N@BF: :8<8 40% ?0@0D8= 2O 60% B@8E;>@5B0=40= I07K@;0=<KH ?@5?0@0B 8H;O48;8@. 5;O 9C<C@B0=K A>9C4C6CAC7 3,5 090 3O4O@ A0E;0<03 >;0@. C<C@B0=K= 5<0;K <OIAC;;0@K. C<C@B0=K= A0E;0=K;<0AK 2O 40HK=<0AK G>E GOB8=;8: BN@OB4898 FGF= 9C<C@B040= 4>=4C@C;<CH <5;0=J 2O 9C<C@B0 B>7C I07K@;0=K@. C<C@B0 <5;0=JK BO188 =8A1OB4O 30@KH4K@K;<KH 2O 4>=4C@C;<CH 9C<C@B0 0LK 8;O 9C<C@B0 A0@KAK=40= 810@OB48@. C<C@B0 <5;0=JK 0,8% 4C7 2O 90 5% HO:O@ O;02O 548;<O:;O 4O I07K@;0=K@. 9@K60 9C<C@B0 0LK 2O 9C<C@B0 A0@KAK <5;0=JK I07K@;0=K1 <F20D83 <O3AO4;O@ FGF= 8AB8D04O 548;8@. C<C@B0 <5;0=JK=K I07K@;0<03 FGF= 9C<C@B0;0@ O22O;6O 4578=D5:A890 548;8@. C <O3AO4;O 9C<C@B0;0@ BO@:818=4O 1-1,2% DO0; E;>@ >;0= E;>@;C OIO=M;O 9C9C;C@ (10 4O3) 2O 90EC4 30 A0=89O 10:B5@8A84 HF0;0@0 25@8;8@. C=40= A>=@0 9C<C@B0;0@ AK=4K@K;K@, :59D899OB8 9>E;0=K;K@, 18@ 95@O 9KLK;K@ 2O 90EHK 30@KH4K@K;4K340= A>=@0 BCBC<C 5-10 :3 >;0= BO=O:O 10=:0;0@0 301;0H4K@K;K1 4>=4C@C;C@. >=4C@C;<0 -190!-4O 0?0@K;K@ 2O <5;0=J :FB;OA8=8= 40E8;8=4O <O=D8 5-60! >;4C340 10H0 G0B<KH I5A01 548;8@. >=4C@C;<CH 9C<C@B0 <5;0=JK=K= =O<;898 75%-4O= G>E, 90LK 10%-4O= 07, 7F;0;K 10%-4O= 07, BC@HC;CLC 150"-4O= G>E, ?)-K 8AO 7,0-4O= 07 >;<0<0;K4K@. >=4C@C;<CH I0;40 @O=M8 - <5;0=J40 BF=4 =0@K=6K, A0@K40 AN=F: A0@K, 0L40 8AO 0GK3 0L40= A0@K<BK; 90HK;0 3O4O@ >;0 18;O@. >=C 0GK;4K340= A>=@0 8AO <5;0=J40 0GK3 A0@K40= 0GK3 =0@K=6K @O=MO 3O4O@, 0L40 =>EC4C @O=M4O, A0@K40 8AO A0@K @O=M4O= AN=F: A0@K @O=MO 3O4O@ >;0 18;O@. >=<CH I0;40 :>=A8AB5=A890AK 1O@: >;<0;K4K@. >=4C@C;<CH 9C<C@B0 <OIAC;;0@K=K <O=D8 5-60!-4O 80-85% =8A18 @FBC1OB4O 8 09 A0E;0<03 >;0@. C<C@B0=K BO:-BO: DO@48 ?0:5B;O@4O 4O 4>=4C@C@;0@. C=C= FGF= 9C<C@B0=K 8GO@8A8=O ?>;85B8;5= ?O@4O AO@8;<8H EFACA8 D>@<090 AK=4K@K1 <O=D8 210!-4O 30 4O3 O@78=4O 4>=4C@C@;0@. 5;O 4>=4C@C;<CH 9C<C@B0 4>=C 0GK;4K340= A>=@0 N7 O22O;:8 E0AAO;O@8=8 B0< 3>@C4CLC FGF= BO7O 9C<C@B0 :8<8 8H;O48;O 18;O@. C<C@B0 B>7C A0E;0=K;<0L0 40I0 4020<;K <OIAC;4C@. =C 9C<C@B0=K= A0@KAK 2O 0LK=40= 09@K;K340 2O 18@;8:4O I07K@;09K@;0@. C<C@B0 B>7C=C OA0AO= B>7;0=4K@<0 FAC;C 8;O 8AB5IA0; 548@;O@. C FAC;40 9C<C@B0 :FB;OA8 EFACA8 0?0@0B40 BO7983;O B>7 :8<8 ?FA:F@F;F@ 2O 8AB8;898 130-1400! >;0= 8AB8 I020 0EK=K 8;O 3C@C4C;C@. C 70<0= <OIAC;C= 40E8;8=4O 8AB8;8: 700!-4O= G>E >;<C@. C<C@B0 B>7C=C= =O<;898 9%-4O= G>E, BC@HC;CLC 100"-4O= G>E, IO;; >;<0AK 85%-4O= 07, 90LK 35%-4O= 07, 7F;0;K 45%-4O= 07, :F;F 4%-4O= G>E >;<0<0;K4K@. C<C@B0 B>7C=C 100 2O 200 3@0< :FB;O4O 1@8:5B D>@<040 8:830B A5;;>D0= 2O 90 ?5@30<5=B :0LK70 301;0H4K@K@;0@. 500 3@0<;K3 :0@B>= :0@>1:0;0@0 2O 10 :3 BCBC<C >;0= BO=O:O 10=:0;0@0 40 301;0H4K@K;K@. C<C@B0 B>7C=C 60-65% =8A18 @FBC1OB4O -80!-4O= <O=D8 50!-9O 3O4O@ B5<?5@0BC@40 M5@<5B8: B0@040 2 8;O 3O4O@, 30;0= B0@0;0@40 8AO 8 09 A0E;0<03 >;0@. !0E;0=K;<0 4N2@F=4O 9C<C@B0 B>7C=40 >:A84;OH48@8;<8H 90L 404K, 10;K3 898 (;59A8B8= ?0@G0;0=<0AK <OIAC;;0@K=K= 898) O<O;O MO;O 18;O@. F;0;;0@K= 2O AO@1OAB 0<8=BC@HC;0@K=K= HO:O@;O@;O 18@;OH<OA8 =OB86OA8=4O <5;0=>84;O@ O<O;O MO;8@ :8, 1C=C= 40 =OB86OA8=4O 9C<C@B0 B>7C=C= IO;; >;<0AK 0H0LK 4FHF@, @O=M8 A0@K40= 0GK3 3OI2O989O :5G8@. C<C@B0 B>7C <09>=57 2O 3O==04K <O<C;0BK 8AB5IA0;K=40 8AB8D04O 548;8@. $ / !   +% /" / /" /)!# + /B 2O OB <OIAC;;0@K 9F:AO: 18>;>J8 4O9O@;8 3840 :8<8 8=A0=;0@K= 3840;0=<0AK=40 <FIF< OIO<899OBO <0;8:48@. /B8= BO@:818=4O >@30=87<8= =>@<0; 1N9F<OA8 2O 8=:8H0DK 2O 5;O6O 4O =>@<0; IO90B DO0;899OB8 FGF= ;07K< >;0= 7F;0;, 90L, 28B0<8= 2O <8=5@0; <044O;O@ 20@4K@. $.=M5;A "O18OB8= 480;5:B8:0AK OAO@8=4O MNABO@8@ :8, >@30=87<4O <044O;O@ <F1048;OA8 FGF= O= 7O@C@8 >;0= 5;5<5=B;O@ OB EN@O:;O@8=8= BO@:818=4O I07K@ HO:8;4O >;C@. =A0= OB 95<OAO948, > 8=A0= >;<074K :O;0<K 40 OB8= >@30=87< FGF= =O 3O4O@ OIO<899OB;8 >;<0AK=K MNABO@8@. /B8= BO@:81 I8AAO;O@8 8=A0= >@30=87<8=8= BO@:818=O 40I0 90EK=4K@ 2O >=0 MN@O 4O 40I0 B57 2O 0A0= <O=8<AO=8;O@O: IF659@O;O@4O ?;0AB8: 2O 5=5@J8 <O=1O98 :8<8 8AB8D04O >;C=C@. "0< 18>;>J8 4O9O@;8;89O <0;8: >;0= OB 7F;0;K=K= BO@:818=4O, 8=A0= >@30=87<8=8= B>EC<0;0@K=40 7F;0;;0@K= A8=B578=8 <0:A8<0; BO<8= 54O= 10;0=A;0H4K@K;<KH <8340@40 1FBF= O2O7548;<O7 0<8=BC@HC;0@K (;59A8=, 87>;59A8=, ;878=, 20;8=, <5B8>=8=, B@5>=8=, B@8?B>D0=, D5=8;0;0=8=) 20@4K@. /B8= BO@:818=4O:8 90L;0@ >=C= 5=5@J8 4O9O@8=8 9F:AO;B<O:;O 1O@01O@ >=C= 404 2O OB@8=8= O<O;O MO;<OA8=4O 8HB8@0: 548@ 2O BO@:818=4O ;07K<8 3O4O@ 4>9<0<KH 90L BC@HC;0@K 20@4K@. /7O;O B>EC<0AK OB8= 404K=K O<O;O MOB8@O= 5:AB@0:B;K <044O;O@;O 7O=M8=48@ 2O <O4O0;BK 2O78;O@8= H8@O 8D@07K=K= 0@B<0AK=0 <FA1OB BOA8@ 548@. /B8= 2O AC1 <OIAC;;0@K=K= BO@:818=4O 18@ G>E 28B0<8=;O@ 20@4K@. 0@0689O@ 2O 1N9@O: EFACAO=  2O  3@C?C 28B0<8=;O@8 8;O 7O=M8=48@. =A0= OB 8;O >=0 ;07K< >;0= 1FBF= <8=5@0; <044O;O@8 0;K@. /B D>AD>@, :F:F@4, 4O<8@, =0B@8C<, :0;8C<, <8A, :>10;B, A8=:, 9>4 2O 48MO@ 5;5<5=B;O@;O 7O=M8=48@. /B8= 3840;K;K3 4O9O@8 7F;0;;0@K=, 90L;0@K=, 28B0<8=;O@8= 2O <8=5@0; <044O;O@8= <8340@60 =8A1OB8=4O= 2O >=;0@K= 8=A0= >@30=87<8 BO@OD8=4O= <O=8<AO=8;<OA8 4O@O6OA8=4O= 0AK;K4K@. "O@:818=4O 90LK= 2O 7F;0;K= <8340@K 1O@01O@ >;0= OB O= 9F:AO: 4040 <0;8: >;<03;0, IO< 4O 90EHK <O=8<AO=8;8@. 0; OB8=4O 1C 1:1, 4>=C7 OB8=4O 8AO 1:2,5 =8A1OB8 :8<848@. /B8= BO@:818=4O >@B0 I5A01;0 17% 7F;0;, 20% 90L, 62% AC, 1% <8=5@0; <044O >;4C340 OB 9F:AO: :59D899OB;8 A09K;K@. /B8= O= 4O9O@;8 I8AAOA8 O7O;O B>EC<0AK4K@, GF=:8 >=C= BO@:818=4O B0< 4O9O@;8 7F;0;;0@ 2O 8=A0= >@30=87<8 FGF= ;07K< >;0= 1FBF= 0<8=BC@HC;0@K 20@4K@. 8@;OH48@868 B>EC<0 18>;>J8 6OIOB4O= 07 4O9O@;8 I5A01 548;8@, GF=:8 BO@:818=4O B@8?B>D0= 2O <5B8>=8= 0<8=BC@HC;0@K G>E 074K@, 1O78 O2O7548;O= 0<8=BC@HC;0@K 8AO IO448=4O= 0@BK34K@. /B8= 3840;K;K3 4O9O@8 >=C= <O=8<AO=8;<OA8=4O= 0AK;K4K@. 0=0 2O <0; OB8=8= 7F;0;;0@K 9F:AO: <O=8<AO=8;<O 3018;899OB8=O <0;8:48@. 0@0689O@ 2O 1N9@O: 7F;;0@K 40 B0< <O=8<AO=8;8@. 0; OB8 >@30=87<4O 83%, O7O;O B>EC<0AK 8AO 96-98% <O=8<AO=8;8@. /B8= 8=A0= >@30=87<8 FGF= OIO<899OB8=8 =O7O@O 0;0@03 >=40= MF=4O;8: 384040 8AB8D04O >;C=<0AK, OA0A;0=4K@K;<KH D878>;>J8 3840 =>@<0AK=K= BO<8= 548;<OA8=4O OA0A 95@ BCBC@. -F= O@78=4O >@B0 I5A01;0 O= 07K 150 3@0<, 8;4O 8AO BOE<8=O= 60-65 :3 OB 2O OB <OIAC;;0@K=K= 8AB5I;0: 548;<OA8 D878>;>J8 3840 =>@<0AK I5A01 548;8@. =0 MN@O 4O, @5A?C1;8:0<K740 I5920=40@;KLK= AO=095 BO<O;8 F7O@8=4O 8=:8H0D 5B48@8;<OA8=O 2O OI0;8=8= :59D899OB;8 OB 2O OB <OIAC;;0@K=0 >;0= BO;O10BK=K= B0< N4O=8;<OA8=O 68448 D8:8@ 25@8;<O;848@. 9=8 70<0=40 OI0;8=8= BO7O OB;O BO<8= >;C=<0AK, 1C ?@>1;5<8= IO;;8=8= OA0A <590@K4K@. 9.1. /!/ ) + ./  /B 8AB5IA0;K FGF= OA0A E0<<0; 1070AK 30@0<0;, 3>9C=, 4>=C7 2O 52 3CH;0@K I5A01 >;C=C@. <0; 548;O= <0;-30@0=K= 90%-4O= G>EC 1C I5920=;0@K= ?09K=0 4FHF@. 9@K-09@K N;:O;O@4O 2O 83B8A048 1N;MO;O@4O 60<KH, :5G8, 751C, 0B, 4O2O, <0@0;, 4>2H0= 2O 48MO@ 2OIH8 I5920=;0@K= OB8=4O= 4O 8AB8D04O 548;8@. /B8= 2O OB <OIAC;;0@K=K= :59D899OB8 I5920=K= =N2F=4O=, 68=A8=4O=, 68=A899OB8=4O=, 90HK=40=, :N:;F: 4O@O6OA8=4O=, 1OA;O=<OA8 2O 95<;O=<OA8 HO@08B8=4O=, IO<G8=8= :OA8;<O4O= 30103 A0E;0=K;<0AK HO@08B8=4O= 2O 2O7899OB8=4O= 0AK;K4K@. 5A?C1;8:0<K740 8AB5IA0; >;C=0= OB8= BOE<8=O= 50%-=8 30@0<0;, 30%-=8 3>9C= OB8, 10%-=8 3CH OB8, 10%-=8 8AO 4>=C7 2O 48MO@ I5920=;0@K= OB;O@8 BOH:8; 548@. )5920=;0@K= OB;8: <OIAC;40@;KLK :OA8;48:4O 25@4898 OB 2O 48MO@ <OIAC;;0@K= :O<899OB 2O :59D899OB8 8;O <FO99O= 548;8@. C=;0@ 40 N7 =N21OA8=4O I5920=K= 48@8 :FB;OA8, 6O<4O98= :FB;OA8 2O OB GKE0@K MNABO@868;O@8 8;O AO6899O;O=8@. 8@8 :FB;O  =>@<0; 95<;O=<8H I5920=K= 48@8 I0;40 D878:8 :FB;OA8=4O= 3% (<O4O-10LK@A03;0@K= <NIBO28990BK=0 548;O= MF7OHB) GKEK;4K340= A>=@0 30;0= GO:848@. O<4O98= :FB;OA8  I5920=K :OA48:4O 0;K=0= 6O<4O98= (10HK, 0903;0@K 2O 40E8;8 >@30=;0@K GKE0@K;<KH) :FB;OA848@ 2O :3-;0 8D04O >;C=C@. >=C7;0@40 6O<4O98= :FB;OA8=O 10HK 40 08448@. >9C=;0@40 1N9@O: 2O 1N9@O:0;BK ?89 6O<4O98= FABF=4O 30;<0;K4K@. /B GKE0@K  1CL;C 6O<4O98= :FB;OA8=8= I5920=K= 48@8 :FB;OA8=O =8A1OB8 >;C1, D087;O I5A01;0=K@. 0@0<0;40 OB GKE0@K 40-65%, 4>=C7;0@40 75-85%, 4020@40 45-50% 0@0AK=40 >;C@. 0@0<0; 68=A;O@8 OB;8:, AF4;F: 2O 30@KHK3 (OB;8:-AF4;F: 2O AF4;F:-OB;8:) 8AB830<OB;8 >;C@. /B;8: 8AB830<OB;8 30@0<0; B57 1N9F9F@, 90EHK O7O;O B>EC<0AK O<O;O MOB8@8@, G>E;C O7O;O0@0AK, 4O@80;BK 2O =8A1OBO= 07 40E8;8 >@30=;0@K= OB@0DK=40 90L B>?;09K@, 9F:AO: 48@8 :FB;O9O <0;8: >;C1, OB GKE0@K 0@BK3 >;C@. /7O;O;O@8 7O@8D ;8D;848@, O7O;O0@0AK 90L 30BK O7O;O ;8D;O@8=8= 0@0AK=40 B>?;0=K@. C I5920=;0@K= 4>L@0=<KH OB8 <O@<O@O1O=7O@ HO:8;4O48@. -N24OA8 4F71C603;K, 0903;0@K =078: 2O MN4O:, 10H;0@K 10;060 2O 5=;8, 1>9C=;0@K MN4O: >;C@. !F4;F: 8AB830<OB;8 30@0<0;K= MN24OA8 1C603 HO:8;;8, O7O;O;O@8 2O 18@;OH48@868 B>EC<0;0@K 7O8D 8=:8H0D 5B<8H, AF<F9F 2O 4O@8A8 =078:, 10HK C7C=A>2 2O 9F=MF;, 1>9=C =078: 2O C7C=A>2, 95;8=8 G>E 8@8 >;C@. 0@KHK3 8AB830<OB;8 30@0<0; 1O4O=8=8= D>@<0AK=0 2O 48MO@ O;0<OB;O@8=O MN@O OB;8: 2O AF4;F: 8AB830<OB;8 30@0<0; 0@0AK=40 >@B0 95@ BCBC@. 5A?C1;8:0<K7 FGF= OIO<899OB;8 >;0= 30@0<0; 68=A;O@8=4O= (>@B-I>@=, )5@5D>@4, !8<<5=B0;, >AB@><0, 0;<K:, 51548=, >=C@ 0D307, >=C@ 0@?0B, >=C@ 0B2890, K@<K7K AOI@0 68=A8 2O A. MNABO@<O: >;0@. >9C=;0@ 0H0LK40:K 3@C?;0@0 1N;F=F@: OB;8:, OB;8:-9C=;C3, OB;8:-?89;8:, EO7;8:, AF4;F:, :F@:;F:, 9C=;C3, OB;8:-9C=;C3-AF4;F:. /B;8: 3>9C= 68=A;O@8 B57 1N9F9F@, 9F:AO: 48@8 :FB;O9O 2O OB GKE0@K=0 <0;8: >;C@, 9F:AO: :59D899OB;8, H8@O;8, 9C<H03, 7O@8D 2O 404;K OB8 8;O DO@3;O=8@. C 3@C?0 )5<?H8@, 8=:>;=, ><=8-<0@H, (8@>?H8@, C91KH52 2O 48MO@ 68=A;O@ 08448@. /B GKE0@K 55-65% BOH:8; 548@. /B;8:-?89;8: 3>9C= 68=A;O@8 9F:AO: :59D899OB;8 OB 2O ?89 0;K=<0AK FGF= 1OA;O=8;8@. C 3@C?0 )8A0@, 48;1O9, !0@060, )OHBO@E0=, .71O: 2O 10H30 68=A;O@ 08448@. C 3>9C=;0@K= 90LK 3C9@C340 (1O78 68=A;O@4O 15-20 :3 3C9@C3 >;C@), 4O@80;BK 2O 40E8;8 >@30=;0@K= OB@0DK=40 B>?;0=K@. /B GKE0@K 50%-O 3O4O@48@. /B;8:-9C=;C3-AF4;F: 3>9C= 68=A;O@8=O 0D30740 C7C= 8;;O@4O= 1O@8 E0;3 BO@OD8=4O= 95B8H48@8;O= 20-4O= G>E 3>9C= 68=A;O@8 08448@. C 68=A;O@ IO@ FG 8AB830<OB4O 59=8 4O@O6O4O D0940;K4K@. 5A?C1;8:040 0;10A, 0@010L, >70E, (8@20=, O7M8, 075E, )5@8:, O@>, -N4O:, 0@04>;03 2O 48MO@ 68=A;O@ 95B8H48@8;8@. 0;10A 3>9C=;0@K=K= 48@8 :FB;OA8 55-60 :3-40= (0=0 3>9C=;0@) 2O 85-90 :3-0 (3>G;0@40) 3O4O@ >;C1, OB GKE0@K 52-54%-48@. 0@010L 3>9C=;0@K=40 48@8 :FB;O <F20D83 >;0@03 45-55 :3 2O 60-75 :3 >;C@, OB GKE0@K 50-52%-48@. >=C7;0@ OB;8: (15:>=;C3), ?89;8: 2O OB;8:-?89;8: 3@C?;0@K=0 09@K;K@. /B;8: 8AB830<OB;8 4>=C7 68=A;O@8=8= 1O4O=8 C7C=, O7O;O;O@8 =8A1OBO= 90EHK 8=:8H0D 5B<8H, ?89 BO1O3OA8 8;O O7O;O BO1O3OA8 =N21O;OH48:4O 9F:AO: :59D899OB;8 I8AO 25@8;<8H OB <OIAC;;0@K, > 6F<;O4O= 15:>= 8AB5IA0;K FGF= 8AB8D04O 548;8@. =0 4>=C7;0@K= 48@8 :FB;OA8 160-220 :3, 5@:O:;O@8=:8 230-280 :3 >;C@. /B GKE0@K 70-80%-48@. C 3@C?0 AB>= 68=A8, 0L 0B2890 2O 0L 8B20 68=A;O@8 08448@. 89;8: 8AB830<OB;8 4>=C7;0@K= MN24OA8 9C<@C, C7C=A>2, 1>9=C 3KA0, 15;8 5=;8, 10HK EK@40, 0903;0@K MN4O: 2O 0LK@, 1C4;0@K 90EHK 8=:8H0D 5B<8H >;C@. 89 30BK 10-12 A<-O G0BK@. /B GKE0@K 78-88%-48@. C 3@C?0 @8 0L, #:@09=0 AOI@0, 8@3>@>4, @59B>2, 825= 2O 48MO@ 68=A;O@ 08448@. /B;8:-?89;8: 8AB830<OB;8 4>=C7 68=A;O@8=8= 1O4O=;O@8 >@B0 C7C=;C340 2O 5=4O >;C@. 9-10 09;KLK=40= A>=@0 4O@80;BK ?89 O<O;O MO;<O9O 10H;09K@. /B GKE0@K 80-85%-48@. C 3@C?0 5HO40L, #@BC<, (8<0;, !818@ 4>=C7 68=A;O@8 08448@. 7O@10960=40 60<KH OB8=4O= 4O 8AB8D04O 548;8@. /A0AO= AF4;F: 8AB830<OB;8 60<KH 68=A;O@8 20@4K@. 0<KH;0@K= 48@8 :FB;OA8 450-550 :3, 90EHK 95<;O=48:4O 8AO 800-1000 :3-0 G0BK@. /B GKE0@K 45-50% 2O 40I0 G>E >;C@. OA8;<O: FGF= =O7O@4O BCBC;0= <0;-30@0 OB :><18=0B;0@K=0, A0;;03E0=0;0@0 2O 90 OB :OA8;O= <O=BO3O;O@O MOB8@8;8@, >@040 :N:;F9F=O, 90HK=0 2O 68=A899OB8=O MN@O 3@C?;0H4K@K;K@ 2O 5<0;0 3O4O@ 2-3 MF= =>@<0; 95<;O=48@8;<O: 2O AC20@K;<03;0 A0E;0=K;K@. 0@0<0; 2O 4020@0 :OA8;<O74O= 24 A00B O22O;, 4>=C7;0@0 8AO 12 A00B O22O; 95< 25@8;<8@. )5920=;0@0 AC 25@8;<OA8 8AO :OA8;<O9O 2-3 A00B 30;<KH 4090=4K@K;K@. 0;-30@0=K= 5<0;K=K= B5E=>;>J8 ?@>A5A8 0H0LK40:K O<O;8990B;0@40= 810@OB48@: - I5920=;0@K= :59;OH48@8;<OA8; - I5920=;0@K= :OA8;<OA8 2O 30=AK7;0H4K@K;<0AK; - :O;;O=8=, 4K@=03;0@K= (40; 2O 30103 0903;0@K=) 6O<4O:4O= 09@K;<0AK 2O 4O@8=8= A>9C;<0AK; - 8G0;0BK= GKE0@K;<0AK; - 6O<4O98= 90@K< 2O 4N@44O 18@ I8AAO9O 4>L@0=<0AK (3>9C= 6O<4O:;O@8 4>L@0=<K@); - 6O<4O98= BO<87;O=<OA8 2O 40<L0;0=<0AK; - 6O<4O98= GO:8;<OA8 2O A>9C4C6C90 BOI28; 25@8;<OA8. 0:8= 09@K-09@K I5920=;0@K= :OA8;<OA8=8= 2O 5<0;K=K= EFACA899OB;O@8 20@4K@. OAO;O=, 3>9C= 6O<4O98 90@K<6O<4O9O 09@K;<K@, 1N9@O: 2O 1N9@O: OB@0DK ?89 GKE0@K;<K@, 3C9@C3;C 3>9C=;0@K= 3C9@C3;0@K :OA8;81 09@K;K@, 15:>=;C3 4>=C7 6O<4O98=8= 4O@8A8 A>9C;<C@, 4O@8A8 A>9C;<090= 95@;O@8= BF:F EFACA8 :>=AB@C:A890;K <0HK=;0 FBF;F@. OA8;<8H OB 109B0@ =O70@OB8=4O= :5G8@8;8@ 2O :N:;F: 4O@O6OA8=4O= 0AK;K >;0@03 40<L0;0=K@. 9.2. /"  $-!+ / / "/  >@D>;>J8 10EK<40= OB 4548:4O 6O<4O:4O BO188 =8A1OB4O B>?;0=0= O7O;O, 18@;OH48@868, 90L, AF<F: 2O 48MO@ B>EC<0;0@K= 6O<8 =O7O@4O BCBC;C@. /7O;O B>EC<0AK O= 9F:AO:, 18@;OH48@868 B>EC<0 8AO O= 0H0LK 3840;K;K3 4O9O@8=O <0;8:48@. 0L B>EC<0AK OB8= 5=5@J8 4O9O@8=8 0@BK@<03;0 >=0 N7F=O<OEACA 404 2O OB8@ 25@8@. /7O;O B>EC<0AK OB8= OA0A 2O O= 4O9O@;8 B>EC<0AK I5A01 548;8@. /7O;O ;8D;O@8=8= 3C@C;CHC 2O DC=:A890AK=0 MN@O 3 =N2 O7O;O B>EC<0AK 20@4K@: A090, 5=8=O7>;03;K 2O F@O: O7O;O B>EC<0AK. !090 O7O;O B>EC<0AK  89O 1O=7O@ ;8D;O@4O= 810@OB48@. 8D;O@ A090 O7O;O IF659@O;O@8=4O= BOH:8; >;C=<CH4C@. !090 O7O;O B>EC<0AK 40E8;8 F72;O@8= (<O4O, 10LK@A03, 40;03 2O A.) 4820@;0@K=40 2O 4O@84O >;C@. =8=O7>;03;K O7O;O B>EC<0AK  9F:AO: 3840;K;K3 4O9O@8 8;O E0@0:B5@87O >;C=C1 O7O;O B>EC<0AK=K= OA0AK=K BOH:8; 548@. =8=O7>;03;K O7O;O B>EC<0AK=K= OA0AK=K A8;8=4@O1O=7O@ <F@O::O1 ;8D;O@  A8<?;0AB;0@ BOH:8; 548@. )5920=K= =N2F=4O=, :N:;F9F=4O=, 90HK=40=, 68=A899OB8=4O= 0AK;K >;0@03 OB 6O<4O98=4O 5=8=O7>;03;K O7O;O B>EC<0AK=K= <8340@K 35-70% BOH:8; 548@. /7O;O B>EC<0AK OB8= 9F:AO: 3840;K;K3 4O9O@8 8;O E0@0:B5@87O >;C=0= 2O G>E <F@O::O1 BO@:81O <0;8: >;0= B>EC<0AK4K@. /7O;O B>EC<0AK=K= BO@:818=4O 70-75% AC, 18-22% 7F;0;, 2-4% 90L 20@4K@. 9=8 70<0=40 1,4% <8=5@0; <044O;O@, 07>B;C 2O 07>BAC7 5:AB@0:B82 <044O;O@, D5@<5=B;O@ 2O 28B0<8=;O@ 20@4K@. /7O;O B>EC<0AK 7F;0;;0@K=K <8>D81@8;90@ 7F;0;;0@, A0@:>?;07<0 2O A0@:>;5<<0 7F;0;;0@K 2O =F2O 7F;0;;0@K BOH:8; 548@. 8>D81@8;90@ 7F;0;;0@ O7O;O ;8D;O@8=8= 65%-=8 BOH:8; 548@ 2O O7O;O;O@4O 10H 25@O= ?@>A5A;O@4O OA0A @>; >9=09K@. 8>D81@8;90@ 7F;0;;0@K= 85-90%-=8 0:B8=, <8>78=, 0:B><8>78= 2O B@>?><8>78= BOH:8; 548@. 8>78= O7O;O B>EC<0AK 7F;0;;0@K=K= 40-45%-=8 BOH:8; 548@. ;>1C;8=;O@ 3@C?C=0 08448@, B0< 4O9O@;8 7F;0;4K@, GF=:8 BO@:818=4O O2O7548;<O7 0<8=BC@HC;0@K=K= I0<KAK 20@4K@. 8>78= BO<87 :@8AB0; I0;K=40 0;K=<KH4K@. :B8= <8>D81@8;8= 8:8=68 7F;0;K A09K;K@. 8>78=;O 18@;8:4O O7O;O;O@8= 9KLK;<0AK=40 2O O7O;O B>EC<0AK=K= 3C@C;CHC=C= O<O;O MO;<OA8=4O 8HB8@0: 548@. "0< 4O9O@;8 7F;0;4K@. :B8= O7O;O;O@4O 2 D>@<040  3;>1C;90@ (-0:B8=) 2O D81@8;90@ ($-0:B8=) D>@<0;0@K=40 >;C@. -0:B8= AC40 IO;; >;C@. $-0:B8= 8AO IO;; >;<C@. :B><8>78= O7O;O ;8D8=8= OA0A 9KLK6K 7F;0;K I5A01 548;8@. "O@:816O 2/3 I8AAO <8>78=4O= 2O 1/3 I8AAO 0:B8=4O= 810@OB48@. :B><8>78= AC40 IO;; >;<C@, ;0:8= H8HO@O: IO;<OH8: O<O;O MOB8@8@. CL;C-8AB8 OB4O 0:B><8>78=8= <8340@K 3,7%-O G0BK@. "@>?><8>78= AC40 IO;; >;0= <8>D81@8;90@ 7F;0; >;C1, 0<8=BC@HC BO@:818=O, IO;;>;<0 3018;899OB8=O MN@O <8>78= 7F;0;K=0 G>E 90EK=4K@. "O@:818=4O B@8?B>D0= 0<8=BC@HCAC >;<04KLK=40= B0< 4O9O@;8 7F;0; 4598;48@. !0@:>?;07<0 7F;0;;0@K B0< 4O9O@;8 7F;0; >;C1, IF659@O40E8;8 7F;0;;0@K= 32-37%-=8 BOH:8; 548@. C 3@C?0 <8>0;1C<8=, %-3;>1C;8=, <8>M5=, <8>3;>18= 2O A. 08448@. 8>0;1C<8= O7O;O B>EC<0AK 7F;0;;0@K=K= 1-2%-=8 BOH:8; 548@. $878:8-:8<9O28 E0AAO;O@8=O MN@O B8?8: 0;1C<8= 7F;0;K4K@. !C40 IO;; >;C@, 45-470!-4O ?KEB0;0HK@. %-3;>1C;8= O7O;O B>EC<0AK=K= 1FBF= 7F;0;;0@K=K= 20%-=8 BOH:8; 548@. %0AAOA8=O MN@O 3;>1C;8=O 90EK=4K@, 7O8D 4C7 <OI;C;;0@K=40 IO;; >;C@. O78 D@0:A890;0@K D5@<5=B E0AAOA8=O <0;8:48@. 8>M5= O7O;O B>EC<0AK=K= 1FBF= 7F;0;;0@K=K= 20%-=8 BOH:8; 548@. 8>M5= B8?8: 0;1C<8=;O@O 2O IO3838 3;>1C;8=;O@O 084 548;8@, AC40 IO;; >;C1, 0706K3 AC20H30=;K, 20-30%-;8 I5<>M5= <OI;C; O<O;O MOB8@8@. /7O;O4O >;0= <8>M5= 7F;0;K=K= 20%-8 -<8>M5=4O=, 80%-8 -<8>M5=4O= 810@OB48@. -<8>M5= D5@<5=B0B82 DO0;;KL0 <0;8:48@. 8>M5= 3@C?C=0 IO<G8=8= 45I84@>M5=070, 87><5@070 2O 48MO@ D5@<5=B;O@ 4O 40E8; 548;8@. 8>3;>18= E@><>?@>B584 7F;0;K=0 >EH0@ >;C1 B0< 4O9O@;848@, O7O;O;O@4O BO=ODDFA ?83<5=B848@. &<C<8 7F;0;;0@K= 0,1-1%-=8 BOH:8; 548@. "O@:818=O MN@O I5<>3;>18=O 90EK=4K@. 8>3;>18= 7F;0;8 I8AAO4O= (3;>18=) 2O BO@:818=4O 2 20;5=B;8 $5 >;0= 359@8-7F;0;8 :><?>=5=B4O= (I5<4O=) 810@OB48@. 8>3;>18=4O 4O<8@8= <8340@K 0,35%-48@. /7O;O=8= @O=M8 2O >=C= 8=B5=A82;898 <8>3;>18=8= (90%) 2O I5<>3;>18=8= (10%) <8340@K=40= 0AK;K4K@. /7O;O;O@4O <8>3;>18=8= <8340@K =O 3O4O@ G>E >;0@A0, >=C= @O=M8 18@ > 3O4O@ BCB3C= >;C@. !0@:>;5<<0 7F;0;;0@K  1FBF= 7F;0;;0@K= 2,4%-O 3O4O@8=8 BOH:8; 548@. "0<4O9O@;8 7F;0; 4598;48@. /A0AO= 18@;OH48@868 B>EC<0=K= 7F;0;;0@K=0 08448@. F2O 7F;0;;0@K 07;K3 BOH:8; 548@. C:;5>?@>B584;O@ <F@O::O1 7F;0; >;C1, =F2O <O=HO;848@. C:;58= BC@HCAC=40= 2O 7F;0; :><?>=5=B8=4O= BOH:8; >;C=<CH4C@. /7O;O B>EC<0AK=K= BO@:818=4O 3%-O 3O4O@ 90L, 0,5-0,8% D>AD0B84;O@, 70-80 <3% E>;5AB5@8= 20@4K@. /7O;O B>EC<0AK=K= 5:AB@0:B82 <044O;O@8 OBO 404 2O OB8@ 25@81, >=C= :59D899OB8=O BOA8@ 548@, OB8= IO7<8=8 0A0=;0H4K@K@, 7O@8D;898=8 2O H8H<O 3018;899OB8=8 9F:AO;48@. 7>B;C 5:AB@0:B82 <044O;O@8= <8340@K 0,9-2,5%-O 3O4O@48@. C@090 0458=>78=D>AD0B;0@ ("$, $, $), D>AD>:@50B8=, :@50B8=, 0A5B8;E>;8=, I8AB0<8=, :0@=>78=, :0@=8B8=, 0=A5@8=, B80<8=, 0<8=BC@HC;0@, 0<<80: 2O 48MO@ 18@;OH<O;O@ 08448@. /7O;O;O@8= 07>BAC7 5:AB@0:B82 <044O;O@8=O 3;8:>M5= 2O >=C= D5@<5=B;O@8= 8HB8@0:K 8;O I84@>;8B8: ?0@G0;0=<0AK <OIAC;;0@K >;0= 45:AB@8=, <0;B>70, 3;F:>70, 8=>78B 2O >=;0@K= D>AD>@;C 5D8@;O@8 2O A. 18@;OH<O;O@ 084 548;8@. ;8:>M5=8= 30@0689O@4O <8340@K 2,7-5%, O7O;O;O@4O 8AO 1%-O 3O4O@48@. /7O;O B>EC<0AK=40 1, 2, 6 2O 12, , ?0=B>B5= BC@HCAC, 48MO@ 28B0<8=;O@ 2O 28B0<8=O1O=7O@ <044O;O@ 20@4K@. /7O;O B>EC<0AK=40 50-4O= G>E D5@<5=B B0?K;<KH4K@. O78 D5@<5=B;O@ (<8>78=, <8>M5=) ?;0AB8: <0B5@80; I5A01 548;8@. 5?B84070, 0<84070, ?>;8D>AD0B070, B@0=AD5@070, ?5@>:A84070, :0B0;070 2O 48MO@ D5@<5=B;O@ 20@4K@. 59@8-F728 18@;OH<O;O@4O= O7O;O B>EC<0AK=40 72-80% AC, > 6F<;O4O= 50-70% AO@1OAB, 6-15% 18@;OH<8H AC >;C@. 8=5@0; <044O;O@8= <8340@K 1,0-1,5%-48@. 8=5@0; <044O;O@8= <8340@K <3%-;O: 0  65;   366; 0  12; M  24;   145; ;  57; $5  2,5; <:3%-;O: C  30-38; =  1,36-3,03; >  3,4-4,2; 8  7,2-9,3; >  8,3-8,6; !=  3,6-4,0 2O 48MO@ 5;5<5=B;O@ 20@4K@. 8@;OH48@868 B>EC<0 >@30=87<8= 1FBF= F72;O@8=8 18@-18@8 8;O O;03O;O=48@8@. 8@;OH48@868 B>EC<0 HO@B8 >;0@03 4 3@C?0 1N;F=F@: <095, 9C<H03, AKE 2O 1O@: 18@;OH48@868 B>EC<0;0@. 095 18@;OH48@868 B>EC<090 30=, ;8<D0, @5B8:C;90@ (B>@) B>EC<0;0@ 08448@. 0= <095 I0;K=40 >;0= 0@0 <044O4O=  ?;07<040= 2O D>@<0;K 5;5<5=B;O@4O= 810@OB48@. ;07<0 A0@K<BK; @O=M;8 2O N7;F >;C1, BO@:818=4O 7F;0;, 90L, :0@1>I84@0B 2O <8=5@0; 4C7;0@ 20@4K@. 0=K= D>@<0;K 5;5<5=B;O@8 3 95@O 1N;F=F@: 5@8B@>A8B;O@ 2O 90 3K@<K7K 30= 68A8<68:;O@8; ;59:>A8B;O@ 2O 90 0L 30= 68A8<68:;O@8; B@><1>A8B;O@ 2O 90 30= ;N2IO68:;O@8. 0=K= D>@<0;K 5;5<5=B;O@8 >=C= ;0EB0;0=<0AK=40 8HB8@0: 548@. 8<D0  @O=MA87 <095 >;C1 :8<9O28 BO@:818 30=K= ?;07<0AK=0 90EK=4K@. 8<D0 ?;07<040= (<095 I8AAO4O=) 2O D>@<0;K 5;5<5=B;O@4O= (;8<D>A8B;O@4O=) 810@OB48@. 5B8:C;90@ (B>@) 18@;OH48@868 B@>EC<090 AF<F: 8;898=4O, 40;0340, ;8<D0 4F9F=;O@8=4O, IO<G8=8= A5;8:;8 ?O@4O4O, 4O@84O 2O 1N9@O:;O@4O BOA04FD 548;8@. C<H03 18@;OH48@868 B>EC<090 90L, ?83<5=B B>EC<0;0@K 084 548;8@. C<H03 18@;OH48@868 B>EC<0;0@40 D81@>A8B;O@, 45A<>A8B;O@, :>;;0M5=, 5;0AB8= 2O @5B8:C;8= ;8D;O@8 20@4K@. >;;0M5= ;8D;O@8 :8G8: :>;;0M5= D81@8=;O@8 4OABO;O@8=4O= BOH:8; >;C=<CH4C@. "O@:818 :>;;0M5= 2O 0;1C<8=>84;O@4O= 810@OB48@. #7C= <F44OB 309=0B4K340 H8H8@, 90?KH30=, 90EC4 3;FB8= (J5;0B8=) O<O;O MOB8@8@. ;0AB8= ;8D;O@8 A0@K @O=M;848@. ;0AB8= 7F;0;K=40= 810@OB48@. 09=04K;4K340, 45<O: >;0@ :8, 4O98H<8@. /B 2O OB <OIAC;;0@K=K= 7O@8D;898=8 070;4K@. 840 FGF= 90@0@AK7 A09K;K@. 0L 18@;OH48@868 B>EC<0AK  @5B8:C;90@ 18@;OH48@868 B>EC<040= O<O;O MO;81, 18@-18@8=4O= 9C<H03 18@;OH48@868 B>EC<0 30B;0@K 8;O 09@K;0= 408@O28 90L IF659@O;O@8=4O= 810@OB48@. 0L B>EC<0AK O2O7548;<O7 3840;K <044O;O@;O 7O=M8= >;C1, OB8= 3840;K;K3 4O9O@8=8 2O 5=5@J8;898=8 9F:AO;48@. 0L B>EC<0AK=K= <8340@K <FEBO;8D 0<8;;O@4O= 0AK;K >;0@03 0,6%-4O= 40%-4O: 4O98H8;8@. 0L 4O@8 0;BK=40, 40E8;8 F72;O@8= OB@0DK=40, O7O;O;O@8= 0@0AK=40, 1O78 3>9C=;0@40 3C9@C340, 4O2O4O 2O 751C40 :F2O=4O (15; I8AAO4O:8 IN@MF64O) B>?;0=K@. 0;10A, >70E, 0@010L, 075E 2O O7M8 3>9C=;0@K=40 90L, OA0AO= 3C9@C340 B>?;0=K@. 0@0<0;40 90L B>EC<0AK=K= 48@8 :FB;O9O MN@O GKE0@K 1,5-10,1%, 4>=C7;0@40 12,5-40% BOH:8; 548@. !KE 18@;OH48@868 B>EC<090 AKE :>;;0M5=, AKE 5;0AB8=, 3KLK@403 B>EC<0;0@K 08448@. !KE :>;;0M5= B>EC<0AK OA0AO= G>E;C <8340@40 :>;;0M5= ;8D;O@8 4OABO;O@8=4O= 2O D81@>A8B;O@4O= 810@OB48@. OBO@;O@, >9=03 10L;0@K 1C B>EC<040= BOH:8; >;C=<CH4C@. KLK@403 B>EC<0AK 1O@:;898 2O 5;0AB8:;898 8;O DO@3;O=8@. C B>EC<0 G>E;C <8340@40 ;8D;8 0@0 <044O4O= 2O D81@>A8B;O@4O= 810@OB48@. @0 <044O=8= E0@0:B5@8=O 2O 4F7F;FHF=O MN@O 3 =N2 3KLK@403 B>EC<0AK DO@3;O=8@: I80;8= 2O 90 HFHO9O1O=7O@, ;8D;8 2O 5;0AB8:8. )80;8= 3KLK@40LK 1O@:48@, 0@0 <044OA8 <028 G0;0@;K, ?0@;03 @O=M;8 2O HFHO9O 1O=7O98@. C 3KLK@403 1FBF= AF<F:;O@8= 40<0@;0@K=K N@BF@. 9=03 3KLK@403;0@K, =ODOA 1>@CAC, 1@>=E, 301K@L0=K= C6;0@K I80;8= 3KLK@40LK=40= BOH:8; >;C=<CH4C@. ;0AB8: 3KLK@40LK= 0@0 <044OA8=4O :>;;0M5= ;8D;O@8=4O= O;02O 18@-18@8=O IN@F;<FH 2O H0EO;O=O@O: B>@ O<O;O MOB8@<8H 5;0AB8:8 ;8D;O@ 4O 20@4K@. C;03 A5920=K 3KLK@40LK 2O 3K@B;0LK= 1O78 3KLK@403;0@K 5;0AB8:8 3KLK@40340= BOH:8; >;C=<CH4C@. 8D;8 3KLK@40LK= 0@0 <044OA8=4O G>E;C <8340@40 :>;;0M5= ;8D;O@8 20@4K@. )80;8= 3KLK@40LK=0 =8A1OBO= <NI:O< >;C@. $O3O@O 68A8<;O@8=8 18@;OH48@O= 2O >9=03-40E8;8 3KLK@403;0@ 1C 3KLK@40340= BOH:8; >;C=<CH4C@. O@: 18@;OH48@868 B>EC<090 AF<F: B>EC<0AK 08448@. )5920= >@30=87<8=4O:8 AF<F:;O@8= <O6<CAC A:;5B8 BOH:8; 548@. !F<F: OA0AO= IF659@O;O@0@0AK 0@0 <044O4O= 2O AF<F: IF659@O;O@8=4O= BOH:8; >;C=<CH4C@. @0 <044O F728 <044O;O@4O= 2O <8=5@0; 4C7;0@40= 810@OB48@. 8=5@0; 4C7;0@ 3C@C AF<F: :FB;OA8=8= 65-70%-=8 BOH:8; 548@. !F<F: <F@O::O1 F72 >;C1, 10H;K60 >;0@03 AF<F: B>EC<0AK=40= O<O;O MO;<8H48@. !F<F:4O AF<F: FAB;F9F, AF<F: 8;898, 40<0@;0@ 2O A8=8@;O@ 4O 20@4K@. !F<F:;O@ D>@<0AK=0 MN@O 4 OA0A 3@C?0 1N;F=F@: C7C= 1>@C20@8, C7C= 3N2AHO:8;;8, 3KA0 2O 90ABK AF<F:;O@. 0L B>EC<0AK=K= BO@:818=4O 2-32% AC, 1,0-4,5% 7F;0;, 0,1-1,0% <8=5@0; <044O, 30@0<0; ?898=4O 74-94%, 4>=C7 ?898=4O 60-97%, 3>9C= ?898=4O 8AO 75-92% 90L >;C@. 0L B>EC<0AK=40 90LK=, AC9C= 2O 7F;0;K= <8340@K I5920=K= 90HK=40=, 68=A899OB8=4O=, 95<8=4O= 2O 6O<4O98= I0=AK =0I89OA8=4O (4O@80;BK, 40E8;8 F72;O@8= OB@0DK, 3C9@C3 2O A.) 95@;OH<OA8=O MN@O 4O98H8@. C9@C3 90L B>EC<0AK BO@:818=O MN@O 40I0 90EHK4K@, GF=:8 EK@40 <>;5:C;0;K 2O 4>9<0<KH 90L BC@HC;0@K 8;O 7O=M8=48@. )5920=0B 90L;0@K=K= BO@:818=4O 4>9<CH 90L BC@HC;0@K =8A1OBO= G>E4C@. 0LK= 90L BC@HCAC BO@:818 >=C= D878:8-:8<9O28 E0AAO;O@8=O BOA8@ 548@. /@8<O 2O 4>=<0 B5<?5@0BC@C=0, 9>4 O4O48=O 2O 48MO@ MNABO@868;O@O MN@O 90LK= :59D899OB8 2O >@30=87<4O <O=8<AO=8;<OA8 I0340 D8:8@ AN9;O=8@. >9C= 90LK BOE<8=O= 44-550!-4O, <0; 90LK 40-500!-4O, 4>=C7 90LK 8AO 33-460!-4O O@898@. 0LK= O@8<O 4O@O6OA8 =O 3O4O@ 0H0LK >;0@A0, IO<8= 90L 18@ > 3O4O@ 0A0= <O=8<AO=8;8@. =A0= >@30=87<8 BO@OD8=4O= 4>=C7 90LK 96,4-97,5%, <0; 90LK 92,4-95,2%, 3>9C= 90LK 89-93% <O=8<AO=8;8@. 0L B>EC<0AK=K= BO@:818=4O 0,05-0,2% AO@1OAB 90L BC@HC;0@K, 0,4-1,5% D>AD0B84;O@, E>;5AB5@8=  3>9C= 90LK=40 29 <3%, 4>=C7 90LK=40 74,5-126 <3%, <0; 90LK=40 75 <3% BOH:8; 548@. 0L B>EC<0AK=K= @O=M8 >=40 >;0= ?83<5=B;O@8= <8340@K=40= 2O <FEBO;8D;898=4O= 0AK;K4K@. >9C= 2O 4>=C7 90LK=40 (-:0@>B8= >;<04KLK FGF= >=;0@ 0L @O=M4O48@. 0; 90LK=40 8AO (-:0@>B8= 20@4K@ 2O 8=B5=A82 A0@K @O=MO G0;K@. 1,5-2,0 90H;K 4F9O=8= 90LK=40 0,2 <3%, 90H;K 8=O98= 90LK=40 8AO 1,2 <3% :0@>B8= >;C@. 0L B>EC<0AK=40 , , 3 28B0<8=;O@8 20@4K@. 8@;OH48@868 B>EC<0=K= BO@:818=4O 57,6-74,0% AC, 21,0-40,0% 7F;0;;0@, 1,0-3,3% ;8?84;O@, 0,5-0,7% <8=5@0; <044O;O@ 20@4K@. 8@;OH48@868 B>EC<0=K= 7F;0;;0@K 18>;>J8 6OIOB4O= B0< 4O9O@;8 4598;48@. /A0AO= :>;;0M5=, 07 <8340@40 5;0AB8=, @5B8:C;8=, <C:>?@>B584;O@, ;0? 07 <8340@40 8AO 0;1C<8=, 3;>1C;8= 2O =C:;5>?@>B584;O@ 20@4K@. !F<F: B>EC<0AK=K= BO@:818=4O >@B0 I5A01;0 20-40% AC, 48-74% <8=5@0;, 26-52% F728 <044O;O@ 20@4K@. !F<F9F= <8=5@0; <044O;O@8=8= OA0AK=K 03(4)2; 03; M3(4)2; 0$2, =0B@8C<, :0;8C<, 4O<8@ 2O E;>@ 4C7;0@K BOH:8; 548@. F;O AF<F:4O 90LK= <8340@K 17-27%, 4NH AF<F9F=4O 3,8%-48@. F;O AF<F9F=F= 8;898=4O 4-5,8% AC, 1,3-5% 07>B;C <044O, 87,7-92,3% 90L, 1,5-4,9% <8=5@0; <044O;O@ 20@4K@. KLK@40340 40-72% AC, 17-20% 7F;0;, 2-10% <8=5@0; <044O;O@, 3-5% 90L 2O 1% 3;8:>M5= 20@4K@. )5920=K= 48@8 :FB;OA8=8= 5-8%-=8 30= BOH:8; 548@. )5920=;0@K= :OA8;<OA8 70<0=K 30=K= 50%-8 :O=0@ 548;8@. 0=40 16,4-18,5% 7F;0;, 79-82% AC, 0,6-0,7% 359@8-7F;0;8 F728 <044O;O@ 2O 0,8-1,0% <8=5@0; <044O;O@ 20@4K@. 0=K= 7F;0;;0@K B0< 4O9O@;8 2O 0A0= <O=8<AO=8;O= 7F;0;;0@40=  0;1C<8=, 3;>1C;8=, D81@8>=>M5= 2O I5<>3;>18=4O= 810@OB48@. 0=40 D5@<5=B;O@, I>@<>=;0@ 2O 28B0<8=;O@ 4O 20@4K@. 9.3. /" "/!$"+ / ,!+ /B I5920=K= =N2F=O, 90HK=0, 68=A8=O 2O :N:;F9F=O MN@O BOA=8D;OH48@8;8@. C MNABO@868;O@ OB8= <>@D>;>J8 3C@C;CHC=0 2O 3840;K;K3 4O9O@8=O, >@30=>;5?B8:8 MNABO@868;O@8=O BOA8@ MNABO@8@. )5920=;0@K= =N2F=O MN@O <0;, 60<KH, 4>=C7, 3>9C=, :5G8, 0B, <0@0;, 4O2O, 4>2H0= 2O A. OB;O@4O= 8AB8D04O 548;8@. /B I5920=K= 68=A899OB8=4O= 0AK;K >;0@03 48H8, 5@:O: 2O 0EB0;0=<KH 5@:O: OB8=O 09@K;K@. 8H8 I5920=;0@K= O7O;O B>EC<0AK 0GK3 @O=M;8, 7O@8D :>=A8AB5=A890;K, AF<F: B>EC<0AK =8A1OBO= =078: 2O OB8 90L;K >;C@. @:O: I5920=;0@K= OB8=8= O7O;O;O@8 :>1C4, 90LK 07 >;C@. C AO1O14O= 1CL0, 5@:O: 4>=C7 2O <0@0; OB;O@8 ?O@0:O=4O B860@OBO 1C@0EK;<K@. /B I5920=;0@K= 90HK=40= 0AK;K >;0@03 O<;8:, 6020=, 90H;K 2O 3>60 I5920= OB;O@8=O 09@K;K@. C 10EK<40= <0; OB8  1C7>2 2O 10;03 OB8=O (14 MF=;F:4O= 3 09;KL0 3O4O@), 6020= <0; 2O 60<KH OB8=O (3 09;K340= 3 90HK=04O:), <0; 2O 60<KH OB8=O (3 90H40= 1N9F:); 4>=C7 OB8  O<;8: 4>=C7 10;0AK OB8=O, G>H30 OB8=O 2O 4>=C7 OB8=O 09@K;K@. >9C= OB8 90HK=0 MN@O 09@K;<K@. /<;8: I5920=;0@K= OB8 0GK3 3K@<K7K >;C1, O7O;O B>EC<0AK 7O@8D, 4O@80;BK 2O O7O;O0@0AK 90L B>EC<0AK >;<C@. 020= I5920=;0@40= 0;K=0= OB8= @O=M8 =8A1OBO= BF=4, O7O;O B>EC<0AK 7O@8D :>=A8AB5=A890;K, 90L B>EC<0AK O7O;O;O@ 0@0AK=40 2O 6O<4O98= 0@E0 I8AAOA8=4O B>?;0=K@. 8@;OH48@868 B>EC<0 B57 18H8@. 0H;K I5920=;0@40= 0;K=0= OB8= @O=M8 BF=4 G0;0@;K, O7O;O 2O 18@;OH48@868 B>EC<0;0@K AKE >;C@. 0L B>EC<0AK 4O@80;BK 2O MN1O: I8AAO4O B>?;0=K@, OB M56 18H8@. /B I5920=K= :N:;F9F=O  O7O;O 2O 90L B>EC<0;0@K=K= 8=:8H0DK=0 MN@O :0B53>@890;0@0 09@K;K@. 0;, 6020= <0;, 1C7>2, 3>9C=, :5G8, 0B, 4O2O, 4>2H0= OB;O@8 :N:;F9F=O MN@O + 2O ++ :0B53>@89090 09@K;K@. + :0B53>@890 90H;K 30@0<0;40= 0;K=0= OB4O O7O;O;O@ :0D8 8=:8H0D 5B<8H >;C@, DO3O@O;O@8= 0@E0 GKEK=BK;0@K, >BC@03 2O A0L@K 48:;8:;O@8 7O8D =O7O@O G0@?K@, 4O@80;BK 90L 6O<4O98= AOBI8=8 8-68 301K@L040= 10H;090@03 >BC@03 AF<F9F= GKEK=BKAK=0 :8<8 N@BF@, 1>9C=, :F@O:, N= 301K@L0;0@, 1C4, ><10 2O 30AK3 =0I89O;O@8=4O 90L B>EC<0AK G>E 40 8@8 >;<090= B>?06K3;0@ I0;K=40 B>?;0=<KH >;C@. ++ :0B53>@890 90H;K 30@0<0;40= 0;K=0= OB 6O<4O98=4O O7O;O;O@ :0D8 8=:8H0D 5B<8H 2O 1C4 =0I89OA8=4O 10BK3 >;C@, DO3O@O;O@8= 0@E0 GKEK=BK;0@K, >BC@03 2O A0L@K 48:;8:;O@8 094K= =O7O@O G0@?K@. 0L B>EC<0AK >BC@03 48:;8:;O@8=4O, 15; 2O 0EK@K=6K 301K@L0 =0I89O;O@8=4O :8G8: B>?06K3;0@ I0;K=40 B>?;0=<KH >;C@. + :0B53>@890 6020= <0;40= 0;K=0= OB 6O<4O98=4O O7O;O;O@8 :0D8 8=:8H0D 5B<8H, 0@E0 2O 15; DO3O@O;O@8=8= 0@E0 GKEK=BK;0@K 7O8D I8AA 548;8@. F@O: AF<F9F =0I89OA8 10BK3AK74K@, 1C4 B0< 4>;LC= 4598;48@, 4O@80;BK 90L B>EC<0AK 3C9@CLC= 4818=4O 2O 1C4C= 9CE0@K 8GO@8 BO@OD8=4O 90EHK MN@F=F@. NH AF<F9F=F 2O 4-5-68 0@E0 DO3O@O;O@8=8= 0@E0 GKEK=BK;0@K=K= 0@0AK=K G0?4K340 8GO@8 BO@OD4O= 90L 30BK 094K= MN@F=F@. ++ :0B53>@890 6020= <0;40= 0;K=0= OB 6O<4O98=4O O7O;O;O@ :0D84O= 07 8=:8H0D 5B<8H 2O 1C4 =0I89OA8=4O 10BK3 >;C@. $O3O@O;O@8= 0@E0 GKEK=BK;0@K, >BC@03 2O A0L@K 48:;8:;O@8 094K= =O7O@O G0@?K@. 0L B0<0<8;O >;<090 40 18;O@. + :0B53>@890 3>9C= 2O :5G8 6O<4O98=4O O7O;O;O@ :0D8 8=:8H0D 5B<8H >;<0;K, 0@E0 2O 684>2 =0I89O;O@8=4O DO3O@O;O@8= 0@E0 GKEK=BK;0@K 07 =O7O@O G0@?<0;K, 4O@80;BK 90L B>EC<0AK 6O<4O98= 0@E0 =0I89OA8=8 =078: 30B;0, 15; I8AAOA8=8 8AO 7O8D N@B<O;848@. 01K@L0, A0L@K 2O G0=03 =0I89O;O@8=4O 90L 1FBF= AOBI8 B0<0<8;O N@B<O9O 4O 18;O@. ++ :0B53>@890 3>9C= 2O :5G8 6O<4O:;O@8=4O O7O;O;O@ 7O8D 8=:8H0D 5B<8H >;C@. !F<F:;O@ 094K= HO:8;4O GKEK=BK 25@8@, 6O<4O98= AOBI8=8= 1O78 =0I89O;O@8=4O =078: 30B HO:;8=4O 90L B>?0;0@K >;C@. 0L 30BK B0<0<8;O >;<090 40 18;O@. >=C7 OB8 :59D899OB8=O MN@O 5 :0B53>@89090 1N;F=F@. .!" 7724-77. + :0B53>@89090 (15:>=;C3) 084 548;O= 4>=C7 6O<4O:;O@8=O O7O;O B>EC<0AK 90EHK 8=:8H0D 5B<8H, ?89 30BK 1,5-3,5 A<, 4O@8;8 6O<4O98= :FB;OA8 53 :3-40= 72 :3-4O: >;C@. ++ :0B53>@89090 (OB;8:-6020=) 084 OB;8: 4>=C7 6O<4O:;O@8=8= 4O@8;8 6O<4O98=8= :FB;OA8 39 :3-40= 86 :3-4O:, ?898= 30BK 1,5-4 A< >;C@. '>H:0 6O<4O:;O@8 4O@8;8 12 :3-40= 38 :3-4O:, 4O@8A87 10 :3-40= 33 :3-4O: >;C@. 898 GKE0@K;<KH :OA8: 4>=C7 6O<4O98 4O ++ :0B53>@89090 084 548;8@. +++ :0B53>@89090 (90L;K) ?89 30BK 4,1 A<-4O= G>E >;0=, 6O<4O98= :FB;OA8 <OI4C4;0H4K@K;<090= 90L;K 4>=C7 6O<4O:;O@8 084 548;8@. + :0B53>@890 (AO=095 5<0;K FGF=). O@8;8 6O<4O98= :FB;OA8 86 :3-40=, 4O@8A87 6O<4O98= :FB;OA8 76 :3-40= 0@BK3 >;<0;K, ?89 30BK 1-4 A<-48@.  :0B53>@890 (?>B0 OB8). O<4O98=8= :FB;OA8 3 :3-40= 6 :3-4O: >;0= AF4O<O@ ?>B0 6O<4O:;O@8 084 548;8@. O<4O:;O@, 90@K<6O<4O:;O@ 2O 90 6O<4O98= 4N@44O 18@ I8AAOA8 109B0@ IO:8<;O@8 2O 9>E;09K6K;0@ BO@OD8=4O= 40<L0;0=K@. !8;8=<O9O= 9598=B8 1>90AK 8;O 2C@C;0= 40<L040 8EB8A0@;0 @5A?C1;8:0=K= 04K, <FOAA8AO=8= =N<@OA8 2O 5B>A<>B@ AN7F 907K;K@. + :0B53>@890 <0;, 6020= <0;, 1CL0, 60<KH, :O;, ENBO:, 3>9C=, :5G8, 0B, 4O2O, 1C7>2 2O 10;03 OB8 6O<4O:;O@8=O 480<5B@8 40 << >;0= M8@4O (4O98@<8) 40<L0 2C@C;C@. + 2O ++ :0B53>@890 4>=C7 OB8=O 4O 4O98@<8 40<L0 2C@C;C@. ++ :0B53>@890 <0;, 6020= <0;, 60<KH, ENBO:, 3>9C=, :5G8, 0B, 4O2O 6O<4O:;O@8=O, IO<G8=8= ++ :0B53>@890 (OB;8:-6020=) 4>=C7 6O<4O:;O@8=O BO@OD;O@8=8= N;GFAF 40 << >;0= :204@0B 40<L0 2C@C;C@. @K3 6O<4O:;O@O, IO<G8=8= + :0B53>@890 (AO=095 5<0;K) 4>=C7 6O<4O:;O@8=O FG1F603 40<L0 2C@C;C@. +++ :0B53>@890 (90L;K) 4>=C7 6O<4O98=O >20;20@8 40<L0 2C@C;C@. + :0B53>@890 <0; 2O 6020= <0;, 60<KH 6O<4O:;O@8=O 5 40<L0 (:F@O:, 4NH, 15;, 0@E0, 1C4 =0I89O;O@8=O), ++ :0B53>@890 2O 0@K3 90@K<6O<4O:;O@O 2 40<L0 (:F@O: 2O 1C4 =0I89O;O@8=O) 2C@C;C@. + :0B53>@890 3>9C= 2O :5G8 6O<4O:;O@8=O 5 40<L0 A0L 2O A>; :F@O: =0I89O;O@8=O, 0@E0 1C4;0@0 2O 4NH =0I89OA8=8= A0L BO@OD8=O 2C@C;C@. ++ :0B53>@890 3>9C= 2O :5G8 6O<4O:;O@8=O 4 40<L0 :F@O: 2O 1C4;0@0 IO@ 8:8 BO@OD8=O 2C@C;C@. 0=0 OB8 6O<4O98=8= :F@O: I8AAOA8=O 18@ 40<L0, N= <0G090 8AO " IO@D8 2C@C;C@. 020= <0; 2O ?>B0 6O<4O:;O@8=8= :N:;F: 4O@O6OA8=8 O:A 5B48@O= 40<L0=K= A0L BO@OD8=O  IO@D8 (<>;>4=90:) 2C@C;C@. "5@<8:8 2O7899OB8=O MN@O 6O<4O:;O@ 1CL;C, A>9C<CH, A>9C4C;<CH, G>E A>9C4C;<CH (0706K3 4>=4C@C;<CH), 4>=4C@C;<CH, 45D@>AB0A890 548;<8H 2O 4>=C 0GK;<KH >;C@. "860@OBO 1CL;C, 45D@>AB0A890 548;<8H 2O 4>=C 0GK;<KH OB 40E8; >;<C@ 2O 18@ 30940 >;0@03 1C=;0@ AO=0954O <FEBO;8D OB <OIAC;;0@K=K= 8AB5IA0;K=0 AO@D >;C=C@. "O:@0@ 4>=4C@C;<CH OB :59D899OB6O 0H0LK I5A01 548;8@. CL;C OB 95=86O :OA8;<8H I5920=K= OB848@. "5<?5@0BC@C 350!-4O= 0H0LK >;<C@. !>9C3;0 8H;O=<O9O 25@8;8@ 2O 90EC4 1O78 A>@B :>;10A0 2O I8AO 25@8;<8H OB <OIAC;;0@K 8AB5IA0;K=0 AO@D >;C=C@. !>9C<CH OB I5920= :OA8;48:4O= A>=@0 6 A00B40= B57 >;<0<03 HO@B8;O A>9C4C6C :0B5@0;0@40 2O 90 BO188 HO@08B4O 5-120! B5<?5@0BC@0 3O4O@ A>9C<CH OB48@. !>9C<CH OB A0BKH0, 90EC4 A>9C4C;<0L0 2O 90 4>=4C@C;<0L0 25@8;8@. !>9C4C;<CH OB A>9C4C6C :0<5@0;0@40 <FO99O= <F44OB A0E;0=K;K1, B5<?5@0BC@C 0-40!-9O G0B4K@K;<KH OB48@. !0E;0=K;<0 70<0=K 15;O OB 95B8H4898=4O=, 9F:AO: 3840;K;K3 2O B5E=>;>J8 E0AAO;O@ :OA1 548@. !>9C4C;<CH <0; OB8=8 <O=D8 10!-4O, 85-90% =8A18 @FBC1OB4O 16 MF=O 3O4O@, 3>9C= 2O 40=0 OB8=8 12 MF=O 3O4O@ A0E;0<03 >;0@. '>E A>9C4C;<CH 2O 90 0706K3 4>=4C@C;<CH OB. "5<?5@0BC@C <O=D8 20!-9O G0B4K@K;<KH OB48@. 5;O OB8 C703 <OA0DO9O, AO=095 <O@:O7;O@8=O 40HK<03 @0I0B4K@. '>E A>9C4C;<CH OB AO=095 5<0;K FGF= 8AB8D04O 548;8@. >=4C@C;<CH OB  B5<?5@0BC@C <O=D8 80!-9O G0B4K@K;<KH OB48@. >=4C@C;<CH <0; 6O<4O98=8 <O=D8 120!-4O 8 09, <O=D8 250!-4O 18 09, 3>9C= 6O<4O98=8 C9LC= >;0@03 6 09 2O 12 09 A0E;0<03 >;0@. 0L070 HO@08B8=4O A>9C4C;<CH OB8 00!-4O, 80% =8A18 @FBC1OB4O 3 MF=, 4>=4C@C;<CH OB8 <O=D8 30!-4O, 80-90% =8A18 @FBC1OB4O 4 MF= A0E;0<03 >;0@. 5D@>AB0A890 548;<8H OB EFACA8 :0<5@0;0@40 4>=C 0GK;K1 B5<?5@0BC@C 1-40!-9O G0B4K@K;<KH OB48@. 59D899OB;8;8: O;0<OB;O@8=O MN@O OB BO7O, BO7O;898 HF1IO;8 2O :NI=O >;0 18;O@. %OABO I5920=;0@40= 0;K=0= OB 2 3@C?0 1N;F=F@: 840 FGF= HO@B8 90@0@;K OB 2O AC1<OIAC;;0@, 8=A0= >@30=87<8 FGF= 3>@EC BN@OB<O9O= EOABO;8:;O@O BCBC;<CH I5920=;0@40= 0;K=K@. (O@B8 90@0@;K OB 4C7;0=<03;0, 4>=4C@C;<03;0, AB5@8;870A890 2O A. FAC;;0@;0 7O@O@A87;OH48@8;48:4O= A>=@0 AO=095 5<0;K=0 2O :FB;O28 80HO <FOAA8AO;O@8=O 1C@0EK;K@. O@0:O=4O A0BKH0 25@8;<8@. 840 FGF= 90@0@AK7 OB 2O AC1<OIAC;;0@ 0LK@ 2O 3>@EC;C EOABO;8:;O@O BCBC;<CH I5920=;0@40= 0;K=K@. 5;O OB8= 3840 FGF= AO@D 548;<OA8 3OB8 3040L0=4K@. FBF= OB :><18=0B;0@K=40 68448 109B0@-A0=8B0@ =O70@OB8 DO0;899OB MNABO@4898=4O= B860@OBO I5G 20EB 90@0@AK7 OB 2O IOBB0 HO@B8 90@0@;K OB 40E8; >;<C@. "860@OBO 25@8;O= OB <FB;O3 BO7O >;<0;K4K@. /B8= BO7O;898 >@30=>;5?B8:8, :8<9O28, <8:@>A:>?8: 2O I8AB>;>J8 BOI;8;;O@ =OB86OA8=4O <FO99O= 548;8@. /MO@ OB >@30=>;5?B8:8 MNABO@868;O@8=O MN@O BO7O >;<07A0, 10H30 BOI;8;;O@ 0?0@K;<040= A0BKH0 25@8;<8@. @30=>;5?B8:8 FAC;;0 389<OB;O=48@8;48:4O OB8= 70I8@8 MN@F=FHF, OB8= @O=M8, :>=A8AB5=A890AK, 898, 90LK=K= 2O7899OB8, 1C;9>=C= @O=M8=O MN@O :59D899OB8, 1C;9>=C= HODD0D;KLK 2O 898 <FO99O= 548;8@. 8<9O28 BOI;8;4O CGC6C 90L BC@HC;0@K=K= <8340@K 2O 1C;9>=40 7F;0;;0@K= 8;: ?0@G0;0=<0 <OIAC;;0@K (0<8=-0<<>=90: 07>BC) BO98= 548;8@. 8:@>A:>?8: BOI;8;4O :>::;0@K= 2O GN?;O@8= <8340@K 2O O7O;O B>EC<0AK=K= ?0@G0;0=<0 4O@O6OA8 <FO99O= 548;8@. )8AB>;>J8 BOI;8; FAC;C 8;O OB8= BO7O;898, >=C= 95B8H<OA8 4O@O6OA8, 40HK=K;<0L0 2O C7C= <F44OB A0E;0=K;<0L0 90@0<0AK <FO99O= 548;8@. 9.4. /" ///  , !+ !% /B 6O<4O:;O@8=8= <FEBO;8D 0=0B><8: =0I89O;O@8=8= 3840;K;K3 4O9O@8, 404 :59D899OB8, 5=5@J8;898 2O :C;8=0@890 BO98=0BK 59=8 4598;48@. O<4O98= <FEBO;8D 0=0B><8: =0I89O;O@8=8= 3840;K;K3 4O9O@8, N=6O IO<8= I8AAO;O@8= <>@D>;>J8 3C@C;CHC=40=, 10H30 AN7;O O7O;O, 18@;OH48@868, 90L 2O AF<F: B>EC<0;0@K=K= <8340@K=40= 2O =8A1OB8=4O=, 5;O6O 4O :8<9O28 BO@:818=4O= 0AK;K4K@. )07K@40 <0; 6O<4O98 .!" 7595-79, 40=0 6O<4O98 .!" 23219-78, 3>9C= 6O<4O98 .!" 7596-81, 4>=C7 6O<4O98 .!" 7597-55 F7@O BOA483 548;<8H AB0=40@B F7@O ?O@0:O=4O A0BKH FGF= 4>L@0=K;K@. 9@K-09@K 0=0B><8: I8AAO;O@8= 2O A>@B;0@K= GKE0@K I5920=;0@K= :N:;F: 4O@O6OA8=4O=, 68=A8=4O=, 90HK=40= 2O 48MO@ 0<8;;O@4O= 0AK;K >;0@03 4O98H8;8@. 840;K <044O;O@ OA0AO= O7O;O;O@ 2O 90L B>EC<0AK=40 B>?;0=4KLK=40=, IO@ 18@ 6O<4O: :8G8: ?0@G0;0@0 4>L@0=K;0= 70<0= G0;KH<03 ;07K<4K@ :8, AF<F: 40LK;<0AK= 2O 1FBF= B8:O;O@ 0@0AK=40 O7O;O, 90L 2O AF<F: B>EC<0AK 1O@01O@ ?09;0=AK=. O@0:O=4O B860@OBO <0; 6O<4O98 90@K<6O<4O: 2O 90EC4 6O<4O98= 1/4 I8AAOA8 I0;K=40 40E8; >;C@. F22O4O >;0= AB0=40@B0 OA0AO= <0; 90@K<6O<4O98 11 I8AAO9O 4>L@0=K;K@. >L@0=<KH I8AAO;O@ 3 O<BOO A>@BC=0 09@K;K@. 1-68 A>@B0 ><10-G0=03, 15;, 0@E0, :F@O:, G898= 2O 4NH =0I89OA8; 2-68 A>@B0 1>9C= 2O <890=BO=M I8AAO;O@8; 3-6F A>@B0 :OA8:, N= 2O 0@E0 <0G0;0@ 08448@. 1-68 A>@B 6O<4O98= 88%-=8, 2-68 A>@B 7%-=8, 3-6F A>@B 5%-=8 BOH:8; 548@. 0; 6O<4O98=8= 09@K-09@K I8AAO;O@8=8= 2O A>@B;0@K=K= :C;8=0@890 BO98=0BK O4O18990B;0@40(4, 19) 25@8;8@. "860@OBO 40E8; >;0= 40=0 6O<4O:;O@8 >=C@L0 AFBC=C 1>9C=60 8:8 90@K<6O<4O9O 4>L@0=K;K@. !>=@0 IO@ 90@K<6O<4O: AB0=40@B AE5< F7@O 9 I8AAO9O 2O 3 O<BOO A>@BC=0 1N;F=F@. 1-68 A>@B0 ><10-G0=03, 15;, 0@E0 :F@O:, 898=0;BK I8AAO; 2-68 A>@B0 <890=BO=M;O 4NH 2O 1>9C=; 3-6F A>@B0 107C N=F (N= <0G0) 2O 10;4K@ (0@E0 <0G0) 08448@. O<4O98= 71%-=8 1-68 A>@B, 17%-=8 2-68 A>@B 2O 12%-=8 3-6F A>@B BOH:8; 548@. >9C= 2O :5G8 OB8 B860@OBO 1FBN2 6O<4O: I0;K=40 40E8; >;C@. /22O;6O IO@ 18@ 6O<4O: 0EK@K=6K 301K@L0 1>9C=60 5=8=O 8AB830<OB4O 8:8 I8AAO9O  N= 2O 0@E0 I8AAO;O@O 4>L@0=K;K@. !>=@0 N= 2O 0@E0 I8AAO;O@ AE5< F7@O 6 I8AAO9O 4>L@0=K;K@. 840;K;K3 4O9O@8 18@-18@8=O 90EK= >;0= I8AAO;O@ 59=8 18@ A>@B0 40E8; 548;8@. >9C= 6O<4O98 2 O<BOO A>@BC=0 1N;F=F@. 1-68 A>@B ><10-G0=03, <890=BO=M;O 15;, 4NH 2O 1>9C= 40 40E8; >;<03;0 0@E0 :F@O: I8AAO;O@; 2-68 A>@B0 :OA8:, 107C N=F (N= <0G0) 2O 10;4K@ (0@E0 <0G0) 40E8; 548;8@. 1-68 A>@B 6O<4O98= 93%-=8, 2-68 A>@B 7%-=8 BOH:8; 548@. 8@8=68, 8:8=68, FGF=6F 2O 4N@4F=6F :0B53>@890 4>=C7 OB8 B860@OB HO1O:OA8=O 90@K<6O<4O: I0;K=40 40E8; >;C@. O@8;8 4>=C7 6O<4O98=8= :FB;OA8 39 :3-40=, 4O@8A87 8AO 34 :3-40= 07 >;4C340 B860@OBO 1FBN2 6O<4O: I0;K=40 1C@0EK;K@. >B0 6O<4O:;O@8 (15H8=68 :0B53>@890) 8G0;0B40= BO<87;O=<8H, 10HK 2O 0903;0@K 09@K;<0<KH I0;40 40E8; >;C@. FBN2 6O<4O: I0;K=40 >;0= 6O<4O:;O@ O22O;6O 8:8 90@K<6O<4O9O 09@K;K@. !>=@0 90@K<6O<4O:;O@ 7 I8AAO9O 4>L@0=K;K@. >=C7 6O<4O98 2 O<BOO A>@BC=0 1N;F=F@. 1-68 A>@B0 :F@O: I8AAOA8, 0@E0 I8AAOA8 (:>@59:0), 4NH, 1C4, <890=BO=M;O 18@;8:4O 15; I8AAOA8; 2-68 A>@B0 N= 2O 0@E0 <0G0;0@ 40E8; 548;8@. 1-68 A>@B 6O<4O98= 95%-=8, 2-68 A>@B 8AO 5%-=8 BOH:8; 548@. 9.5. /"-!#/)!#  0;-30@0=K= :OA8;<OA8=4O= O;4O 548;O=, 95<O: FGF= 90@0@;K 40E8;8 F72;O@, 0903;0@, 3C9@C3, :O;;O, 95;8= 2O A. OI0;8=8= OB <OIAC;;0@K=0 >;0= BO;O10BK=K= N4O=8;<OA8=4O <FIF< @>; >9=09K@. C <OIAC;;0@0 AC1<OIAC;;0@ 4598;8@. O@0:O=4O B860@OB4O A0BK;K@, :FB;O28 80HO <FOAA8AO;O@8=4O 2O OB :><18=0B;0@K=40 <FEBO;8D 9598=B8 <OIAC;;0@K I07K@;0=K@. /B-AC1<OIAC;;0@K= GKE0@K I5920=K= =N2F=4O=, 68=A8=4O=, 90HK=40=, :N:;F: 4O@O6OA8=4O= 2O 48MO@ 0<8;;O@4O= 0AK;K >;0@03 30@0<0;K= 48@8 :FB;OA8=8= 13,7-18,3%-=8, 3>9C=;0@K= 14,7-18,2%-=8, 4>=C7;0@K= 9,6-12,4%-=8 BOH:8; 548@. /B-AC1<OIAC;;0@K <>@D>;>J8 O;0<OB;O@8=O, 384;K;K3 4O9O@8=O, B5@<8:8 2O7899OB8=O, IO<G8=8= I5920=K= =N2F=O MN@O BOA=8D;OH48@8;8@. )5920=K= =N2F=O MN@O AC1<OIAC;;0@ <0;, 3>9C=, 4>=C7, :5G8, 60<KH 2O A. AC1<OIAC;;0@ 04;0=K@. >@D>;>J8 O;0<OB;O@8=O MN@O AC1<OIAC;;0@ 4 3@C?0 09@K;K@; /B;8-AF<F:;F AC1<OIAC;;0@. C@090 <0; :O;;OA8 (1598= 2O 48;8 09@K;<KH), 3>9C= 2O <0; 3C9@C3;0@K 08448@. C<H03 AC1<OIAC;;0@. C 3@C?0 30@0689O@, 0L689O@, F@O:, 480D@03<0, =ODOA 1>@CAC, 1N9@O:;O@, 95;8=, 48;, 1598=, 40;03 2O A. 08448@. "F:;F AC1<OIAC;;0@. C 3@C?0 4>=C7, <0; 2O 3>9C= 0903;0@K, 4>=C7 2O 3>9C= :O;;OA8, <0; 4>403;0@K 2O 3C;03;0@K 08448@. !5;8:;8 AC1<OIAC;;0@. C 3@C?0 30B-30B 30@K=, 3C@A03, 4>=C7 <O4OA8 2O A. 08448@. !C1<OIAC;;0@K=K= IO@ 18@ 3@C?C=0 084 >;0=;0@K= N7F=O<OEACA 5<0;K 2O BO<87;O=<OA8=8= EFACA899OB;O@8 20@4K@. "F:;F, OB;8-AF<F:;F 2O A5;8:;8 AC1<OIAC;;0@K=K= 5<0;K 2O BO<87;O=<OA8 =8A1OBO= GOB8= 2O <F@O::O1 >;C1, 0;K=0= <OIAC;C= O<BOO;8: :59D899OB8=O 40I0 G>E BOA8@ 548@. 8@ 30940 >;0@03 ?O@0:O=4O B860@OBO <FO99O= 3094040 8H;O=81 I07K@;0=<KH AC1<OIAC;;0@ MN=4O@8;8@. !C1<OIAC;;0@K B5@<8:8 2O7899OB8=O MN@O A>9C<CH, A>9C4C;<CH 2O 4>=4C@C;<CH >;C@. H;O=81 I07K@;0=4K340= A>=@0 BO188 HO@08B4O 2O 90 EFACA8 :0<5@0;0@40 6 A00B40= 07 >;<0<03 HO@B8;O A0E;0=K;K1 >B03 B5<?5@0BC@C=0 3O4O@ A>9C<CH 2O E0@868 AOBI8 =078: 3C@C ?O@4O 8;O N@BF;<FH AC1<OIAC;;0@ A>9C<CH 04;0=K@. !>9C4C6CE0=040 -2& -00!-4O, 90-92% =8A18 @FBC1OB4O 16-24 A00B A0E;0=K;<KH AC1<OIAC;;0@ A>9C4C;<CH 04;0=K@. !>9C4C;<CH AC1<OIAC;;0@K= 40E8;8 B>EC<0;0@K=40 B5<?5@0BC@ 00-4O= 40-4O: >;C@. !>9C4C;<CH AC1<OIAC;;0@K 3 MF=4O= M56 >;<090@03 A0BK;<0;K 2O 90 4>=4C@C;<0;K4K@. >=4C@C6CE0=0;0@40 -180!-4O 2O 90 <FEBO;8D A8AB5<;8 B57 4>=4C@0= 0?0@0B;0@40 -300!-4O 40E8;8 B>EC<0;0@K=40 B5<?5@0BC@ -80!-4O: G0B0=0 3O4O@ 4>=4C@C;<CH AC1<OIAC;;0@ 4>=4C@C;<CH 04;0=K@. !C1<OIAC;;0@ 18@-18@8=4O= 3840;K;K3 4O9O@8=O, :8<9O28 BO@:818=O 2O 5=5@J8;898=O MN@O :OA:8= DO@3;O=8@. 8;, 30@0689O@, 1N9@O:;O@ 3840;K;K3 4O9O@8=O MN@O OBO 90EK=4K@ 2O 45;8:0B5A 9598=B8 <OIAC;;0@K=K= I07K@;0=<0AK=0 AO@D >;C=C@. L689O@, 95;8=, 3C;03;0@ 2O A. 3840;K;K3 4O9O@8 G>E 0H0LK4K@. !C1<OIAC;;0@K=40 7F;0;;0@K= <8340@K 9,45%-4O= (1598=) 17,35%-O (30@0689O@) 3O4O@ >;C@. >403 2O 3C;0340 40 7F;0;;0@K= <8340@K (20-25%) G>E4C@, ;0:8= IO<8= 7F;0;;0@K= OA0A I8AAOA8 4O9O@A8748@. "0< 4O9O@;8 7F;0;;0@ F@O:, 30@0689O@, 1N9@O: 2O 48;4O G>E4C@. 0LK= <8340@K 48;4O 12,1%, 95;8=4O 13,7%, 30;0= AC1<OIAC;;0@40 8AO 1,1-4,7%-48@. !C1<OIAC;;0@K= BO@:818=4O , 2, 12, , , ,  28B0<8=;O@8, ?@>B58=070, ;8?070, =C:;5070, 0<8;070, :0B0;070, >:A84070 2O A. D5@<5=B;O@, I>@<>=;0@ 2O 48MO@ 18>;>J8 DO0; <044O;O@ 20@4K@. !C1<OIAC;;0@K=K= BO@:818=4O <8=5@0; <044O;O@ 359@8-F728 4C7;0@ HO:;8=4O ?@>B584;O@8=, ;8?>84;O@8=, 5:AB@0:B82 <044O;O@8= BO@:818=O 40E8; >;C@;0@. 8=5@0; <044O;O@8= 90%-O 3O4O@8 D>AD>@C= ?09K=0 4FHF@. 0@0689O@4O 12 <3% 4O<8@, 5-8 <3% :0;A8C<, 340-370 <3% D>AD>@ 20@4K@. !B0=40@B0 OA0AO= AC1<OIAC;;0@ 3840;K;K3 4O9O@8=O MN@O 2 :0B53>@89090 09@K;K@;0@. + :0B53>@890 AC1<OIAC;;0@0 1FBF= I5920=;0@K= 48;8, 1N9@O:;O@8, 30@0689O@, F@O:, 1598=, 480D@03<0, 95;8=, <0; 2O 3>9C=C= OB;8-AF<F:;F 3C9@CLC 40E8;48@. C=;0@K= BO@:818=4O:8 7F;0;;0@K= 78-94%-=8 B0< 4O9O@;8 7F;0;;0@ BOH:8; 5B4898=4O=, 18>;>J8 4O9O@;8;898=O MN@O 1-68 A>@B OB8= 7F;0;;0@K=0 90EK=4K@. ++ :0B53>@890 AC1<OIAC;;0@0 48;A87 4>=C7 2O <0; :O;;OA8, 4>=C7 4K@=0LK, <0; 2O 4>=C7 3C;03;0@K, 4>403;0@K, 0L689O@, <0; 4K@=03;0@K, 3>9C= 0903;0@K, 4>=C7;0@K= OB;8-AF<F:;F 3C9@CLC, 4>=C7 <O4OA8, 95< 1>@CAC OB8, 3>9C= :O;;OA8 (48; 2O 1598=;O), 3C@A03, 30B-30B 30@K=, =ODOA 1>@CAC, 40;03, 8H:O=1O, C4;03 2O A. 40E8;48@. !C1<OIAC;;0@ <FEBO;8D BCBC<;C 95H8:;O@O, 4>=4C@C;<CH;0@ 50 :3-;K3 AB0=40@B 95H8:;O@O, IOA8@ 2O 90 ?0@G0 :8AO;O@O, 4C7;0=<KH;0@ 300 ; BCBC<C >;0= GO;;O:;O@O, N7F=OE84<OB <0L070;0@K FGF= 0,5 2O 1 :3 :FB;O4O A5;;>D0= 2O 90 48MO@ N@BF6F ?O@4O;O@O GO:8;81 1F:F;F@. "860@OBO 25@8;O= IO@ ?0@B890 AC1<OIAC;;0@ >=C= :59D899OB;8 >;4CLC=C BOA483 54O= 109B0@;K3 2OA83OA8 8;O <FH098OB 548;8@. 9.6.  /  #( + CHGC;C340= 0;K=0= <OIAC;;0@ (9C<C@B0 2O 3CH OB8) OI0;8=8= 9F:AO: 18>;>J8 4O9O@;8 3840 <OIAC;;0@K 8;O BO<8= >;C=<0AK=40 1N9F: OIO<899OBO <0;8:48@. CH;0@ B57 1N9F<OA8, <OIAC;40@;KLK, OB8=8= :59D899OB8 2O 5=5@J8;898 8;O DO@3;O=8@. CH OB8=8= :8<9O28 BO@:818 3CHC= =N2F=4O=, 90HK=40=, :N:;F: 4O@O6OA8=4O=, 6O<4O98= I8AAO;O@8=4O=, 3CHC= 95<8=4O= 2O 1OA;O=<OA8 FAC;;0@K=40= 0AK;K4K@. ">9CLC= 2O I8=4 B>9CLC=C= 0L OB8=4O 22-24%, BF=4 OB8=4O 8AO 20-23% 7F;0; >;C@. L OB4O (4NH OB8=4O) 5:AB@0:B;K 7F;0;AK7 <044O;O@8= <8340@K BF=4 OB4O (OA0AO= 1C4 OB8) >;4CLC=40= 1,5-2 4ODO G>E4C@. 0LK=K= BO@:818 OA0AO= 4>9<0<KH 90L BC@HC;0@K=40= 810@OB48@. CH OB8=4O <8=5@0; <044O;O@4O= 0, , 0, M, , $5, 28B0<8=;O@4O= , 1, 2,  20@4K@. 2 3CH;0@K 8GO@8A8=4O O= G>E 8AB8D04O 548;O=;O@8 B>9C3;0@, I8=4 B>9CLC, 307 2O N@4O:48@. ">9C3;0@  OB;8:, 9C<C@B0;K3 2O 30@KHK3 (OB;8:-9C<C@B0;K3) 8AB830<OB;8 >;C@. /B;8: 8AB830<OB;8 B>9C3;0@ =8A1OBO= 8@8 N;GF;F, 0LK@ :FB;O;8 2O 4>;C 1O4O=;8 >;C@, 1>9=C=C= 3KA0, 4NHF=F= 5=;8 2O 3010@K3, 0903;0@K=K= MN4O: 2O OB;8 >;<0;0@K 8;O DO@3;O=8@. =06;0@K= 48@8 :FB;OA8 3,4-4,0 :3, E>@C7;0@K=:K 4,5-5,5 :3, G>;?0 2O 15GO;O@8=:8 3 :3-4O: >;C@. 8@ 8;4O 160 O4O4O 90EK= 9C<C@B0 25@8@. 8=A;O@8=4O= >E8=:8=0, @0<0 2O 0=3H0= 909K;<KH4K@. C<C@B0;K3 8AB830<OB;8 B>9C3 68=A;O@8 =8A1OBO= :8G8: N;GF;F, 9F=MF; :FB;O;8, G>E 6O;4 2O IO@O:OB;848@. 5-6 09;KLK=40 9C<C@B;09K@;0@. ;4O 200-300 9C<C@B0 25@8@;O@. =06;0@K= 48@8 :FB;OA8 2,5 :3, E>@C7;0@K= 8AO 4,0 :3-0 3O4O@ >;C@. 8=A;O@8=4O= L @CA, @;>2, 0@?0B, 02;>2A:8, 533>@=, A?0=, 8=>@:8, #H0=:8 2O 48MO@;O@8 909K;<KH4K@. 0@KHK3 8AB830<OB;8 68=A;O@ OB;8: 2O 9C<C@B0;K3 8AB830<OB;8 68=A;O@8= 6FB;OH48@8;<OA8 =OB86OA8=4O O;4O 548;<8H48@. /B;8: MNABO@868;O@8 OB;8: 8AB830<OB;8 B>9C3;0@40= 0H0LK, 9C<C@B0;K3 B>9C3;0@40= FABF=4F@. 6-7 09K=40 9C<C@B;09K@. =06;0@K= 48@8 :FB;OA8 2,5-3,0 :3, E>@C7;0@K= 8AO 3,5-4,5 :3 0@0AK=40 >;C@. 8=A;O@8=4O= 03>@A:, 5@:0;=K9, 5@2><09A:8, >A:20, E0@868 68=A;O@4O= >4-9;5=4, 9C-)5<?H8@, 80;4>B, @:8=B>= 2O A. MNABO@<O: >;0@. )8=4B>9CLC=C= 2OBO=8 (8<0;8 <5@8:0 A09K;K@. /B;8: 10EK<40= 389<OB;848@. @8 :FB;O;8 2O B571N9F9O=48@. /B8 =>@<0; 90L;K, 7O@8D H8@O;8 2O 404;K4K@. 8H8 I8=4 B>9CLC=C= 48@8 :FB;OA8 5-8 :3, 5@:O:;O@8=:8 8AO 8-16 :3 >;C@. ;4O 50-100 9C<C@B0 25@8@. 8=A;O@8=4O= F@F=6, LI>;;0=4, (8<0;8 0D307 40I0 G>E 909K;<KH4K@. 07 68=A;O@8=8= 9C<C@B;0<0 2O 6F6O GKE0@B<0 O<A0;K B>9C3 2O I8=4 B>9CLC=40= 0H0LK4K@. !O=095 FAC;C 8;O A0E;0=K;<0L0 GOB8= C9LC=;0HK@ 2O <OI7 1C=0 MN@O 4O BOAO@@FD0B;0@ BO@OD8=4O= IO2OA;O 0@BK@K;<K@. 0:8= 90EHK 3C;;C3 5B48:4O G>E 90L;K (50%-4O:) 2O 9F:AO: :59D899OB;8 OB 25@8@. 07 OB8=8= 3840;K;K3 4O9O@8 2O 404 :59D899OB8 48MO@ 52 3CH;0@K=40= FABF=4F@. 8H8;O@8=8= 48@8 :FB;OA8 3,5-5 :3, 5@:O:;O@8=:8 4-6,5 :3 >;C@. 8=A;O@8=4O= "C;0, #@0;, )>;<>3>@, @8 1>7, '8=-A890=, !520AB>?>;, C10=, 59=A:8 2O A. .@4O: 68=A;O@8 O= B571N9F9O= 2O :N:O;O=48@. .@4O: 10;0AK 50-55 MF= O@78=4O 2,5-3 :3-0 G0BK@. 8H8 N@4O98= 48@8 :FB;OA8 2-2,5 :3, 5@:O:;O@8=:8 3,5-4,5 :3 >;C@. ;4O 100-200 9C<C@B0 25@8@. .@4O: 68=A;O@8=4O= 5:8=, L >A:20, 5@:0;=K9, )0:8M5<?5; MNABO@8;O 18;O@. 2 3CH;0@K=K= 5<0;K 3CHGC;C3 :><18=0B;0@K=K= 2O D01@8:;O@8=8= 2O OB 5<0;K <FOAA8AO;O@8=8= :OA<O A5E;O@8=4O IO90B0 :5G8@8;8@. C A5E;O@4O 45<O: >;0@ :8, 1FBF= ?@>A5A;O@ <5E0=8:;OH48@8;<8H48@. 2 3CH;0@K=K= 5<0;K B5E=>;>M890AK 0H0LK40:K O<O;8990B;0@ F7@O IO90B0 :5G8@8;8@: - 3CH;0@K= 3O1C;C, 5<0; FGF= I07K@;0=<0AK 2O :OA<O A5E8=O MOB8@8;<OA8; - 3CH;0@K= :OA8;<OA8 2O 30=AK7;0H4K@K;<0AK; - 3CH 6O<4O:;O@8=8= BF:;O@4O= 0704 548;<OA8; - 3CH 6O<4O:;O@8=8= BO<87;O=<OA8; - 3CH 6O<4O:;O@8=8= A>9C4C;<0AK; - 3CH 6O<4O98=8= :59D899OB8=8= 389<OB;O=48@8;<OA8 (:0B53>@890;0@0 09@K;<0AK), <0@:0;0=<0AK 2O 301;0H4K@K;<0AK. 0@K<BO<87;O=<8H I0;40 1C@0EK;0603 G>;?0;0@ 10 A00B, B>9C3 2O I8=4 B>9CLC 12 A00B, N@4O: 2O 307 18 A00B 06 A0E;0=<0;K4K@. "O<87;O=<8H I0;40 1C@0EK;0603 3CH OB;O@8 <F20D83 >;0@03 G>;?0;0@ 4 A00B, B>9C3 5 A00B, N@4O: 2O I8=4 B>9CLC 8 A00B, 307 8AO 10 A00B 06 A0E;0=K;K@. CH;0@ 5;5:B@8: 6O@O90=K 20A8BOA8;O :59;OH48@8;8@, 40E8;8, E0@868 2O 1>9C= =0I89OA8 45H8;<O:;O 2-3 4O383O O@78=4O 30=AK7;0H4K@K;K@. !>=@0 3CH;0@ <FEBO;8D FAC;;0@;0  3C@C, ?NHO;O<O:, 90@K<?NHO;O<O:, <C<;0 2O 48MO@ FAC;;0@;0 BO<87;O=8@. CH OB8=8 3CHC= =N2F=4O=, 90HK=40= 2O :N:;F9F=4O=, 6O<4O98= B5E=>;>J8 5<0; FAC;;0@K=40= 2O :59D899OB8=4O=, B5@<8:8 2O7899OB8=4O= 2O BO7O;8: 4O@O6OA8=4O= 0AK;K >;0@03 3@C?;0H4K@K@;0@. 020= 3CH;0@40=  G>;?0 (DO@O), 1@>9;5@, 6020= 307, 6020= N@4O:, 6020= I8=4B>9CLC 2O 6020= D8@O=MB>9CLC; 90H;K 3CH;0@40=  B>9C3, N@4O:, 307, I8=4B>9CLC 2O D8@O=MB>9C3;0@K=K= 5<0;K =OB86OA8=4O 0;K=0= 6O<4O:;O@ DO@3;O=48@8;8@. !B0=40@B0 OA0AO= A>9C<CH 90@K<BO<87;O=<8H G>;?0 6O<4O98=8= :FB;OA8 480 3-40=, BO<87;O=<8H 1@>9;5@ 6O<4O98 500 3-40=, 90@K<BO<87;O=<8H 1@>9;5@ 6O<4O98 640 3-40=, 6020= N@4O: 6O<4O98 1040 3-40=, 6020= 307 1580 3-40=, 6020= I8=4B>9CLC 1620 3-40= 07 >;<0<0;K4K@. <0;K=40= 0AK;K >;0@03 3CH 6O<4O:;O@8 BO<87;O=<8H, 90@K<BO<87;O=<8H 2O BO<87;O=<8H I0;40, ;0:8= 8G0;0B 2O 1>9C= :><?;5:B8 8;O 18@;8:4O >;C@. 0@K<BO<87;O=<8H 3CH 6O<4O:;O@8=4O= 90;=K7 8D@070B 4O;898 8;O 18@;8:4O 10LK@A03;0@, G8=O40= 2O 9C<C@B0;KLK (48H8 3CH;0@40) GKE0@K;K@. "O<87;O=<8H 3CH 6O<4O:;O@8=4O= 1FBF= 40E8;8 F72;O@, 10HK (1>9C= 8;O) 2O 0903;0@K :OA8;81 (4874O= 0H0LK) 0BK;K@. C 70<0= 30@=K=K= 0H0LK I8AAOA8=4O= 90LK GKE0@K;<K@, 1N9@O:;O@8=8= 2O 0L 689O@8=8= 6O<4O:4O 30;<0AK=0 9>; 25@8;8@. "O<87;O=<8H 3CH 6O<4O98 8G0;0B 2O 1>9C= :><?;5:B8 8;O 18@;8:4O 1C@0EK;4K340  BO<87;O=<8H 30@0689O@, F@O:, G8=O40=K= O7O;O;O@8 2O 1>9C= A5;;>D0=0 2O 90 ?>;8<5@ ?O@4O9O 1F:F;O@O: 30@K= 1>H;CLC=0 3>9C;C@. FBF= 52 3CH;0@K=K= OB8 :N:;F9F=O 2O :59D899OB8=O MN@O 2 :0B53>@89090 09@K;K@. + :0B53>@890 6020= 1@>9;5@ 6O<4O98=8= O7O;O;O@8 G>E 90EHK 8=:8H0D 5B<8H, 4NHF= D>@<0AK M8@4O, 30@K= =0I89OA8=8= 0H0LK I8AAOA8=4O 4O@80;BK 90L B>?;0=<KH >;C@. NH AF<F9F=F= B8;8 =O7O@O G0@?<K@. ++ :0B53>@890 1@>9;5@ 6O<4O98=8= O7O;O;O@8 B0< :0D8 8=:8H0D 5B<8H, 4NH AF<F9F B8;8 4NH O7O;O;O@8 8;O GN:F:AF7 1C603 O<O;O MOB8@8@, 4O@80;BK 90LK >;<C@, 4NH AF<F9F=F= B8;8 =O7O@O G0@?0 18;O@. + :0B53>@890 B>9C3 6O<4O98=8= O7O;O;O@8 90EHK 8=:8H0D 5B<8H48@. NHF= D>@<0AK M8@4O48@, 4NH 2O 30@K= =0I89O;O@8=4O 4O@80;BK 90L 9KLK=K >;C@. O@80;BK 90L 15; =0I89OA8=8 1FBN2 ?O@4O HO:;8=4O N@BF@. NH AF<F9F B8;8 =O7O@O G0@?<K@. ++ :0B53>@890 B>9C3 6O<4O98=8= O7O;O;O@8 :0D8 8=:8H0D 5B<8H48@. NHF= D>@<0AK 1F603 HO:;8=4O48@. 0@K= 2O 15; =0I89O;O@8=8= 0H0LK I8AAOA8=4O 0706K3 4O@80;BK 90L 9KLK=K >;C@. /7O;O;O@8 B0< :0D8 8=:8H0D 5B<8H 6O<4O:;O@4O 90L 9KLK=K >;<090 40 18;O@. NH AF<F9F=F= B8;8 GKEK@. 2 3CH;0@K=K= OB8 ++ :0B53>@890 FGF= =O7O@4O BCBC;0= BO;O1;O@O 60201 25@<O48:4O B860@OBO 2O :FB;O28 80HO9O 1C@0EK;<K@ 2O AO=095 5<0;K=0 MN=4O@8;8@. N:;F9F=O MN@O + :0B53>@890=K= BO;O1;O@8=O 60201 25@O=, ;0:8= <0I<K7;0@K=K= C7C=;CLC 15 <<-4O= G>E >;0= 90H;K E>@C7;0@K= 6O<4O98 ++ :0B53>@89090 084 548;8@. "5@<8:8 2O7899OB8=4O= 0AK;K >;0@03 3CH OB8 B5<?5@0BC@C 250!-4O= G>E >;<0<03 HO@B8;O A>9C<CH, 0-40!-9O 3O4O@ A>9C4C;<CH 2O <O=D8 80!-9O 3O4O@ 4>=4C@C;<CH >;C@. CH OB8 B860@OBO 1F:F;<FH 2O 1F:F;<O<8H 1C@0EK;0 18;O@. F:F;<O<8H I0;40 1C@0EK;4K340 6O<4O:;O@ 5;5:B@>40<L0 20A8BOA8;O <0@:0;0=K@ 2O 90 5B8:5B 90?KH4K@K;K@. N:;F: :0B53>@890AK=40= 0AK;K >;0@03 6O<4O98= 18@ 090LK=0 (N@4O:, 6020= 307, 6020= I8=4B>9CLC) 2O I8=4B>9CLC 6O<4O98=8= IO@ 8:8 090LK=0 1 2O 90 2 @O3O<8 IO:: >;C=C@, 90 40 + :0B53>@890 3CH 6O<4O98=8= 090LK=0 3K@<K7K, ++ :0B53>@89090 8AO 90HK; @O=M;8 :0LK7 5B8:5B;O@ 90?KH4K@K;K@. 5H8:;O@O 90?KH4K@K;0= 5B8:5B4O 4803>=0; HO:;8=4O 3K@<K7K 7>;03 GO:8;48:4O 3CH OB8=8= + :0B53>@89090, 90HK; 7>;03 GO:8;48:4O ++ :0B53>@89090 084 >;4CLC <O;C< >;C@. CH OB8=8= =N2F=F, 90HK=K, 5<0;K=K 2O :N:;F: 4O@O6OA8=8 MNABO@O= 8H0@O;O@ 0H0LK40:K;0@4K@: '  G>;?0,   G>;?0-1@>9;5@,   B>9C3, #  6020= N@4O:, #  N@4O:,   6020= 307,   307,   6020= I8=4B>9C3C,   I8=4B>9C3C, !  6020= D8@O=MB>9CLC, !  D8@O=MB>9CLC; 5<0;K=0 MN@O:   90@K<BO<87;O=<8H,   BO<87;O=<8H,   BO<87;O=<8H 3CH 6O<4O:;O@8 8G0;0B 2O 1>9C= :><?;5:B8 8;O 18@;8:4O. 2 3CH;0@K  0H0LK40:K 3@C?;0@0 1N;C=C@: 5HO 3CH;0@K  B5B@0, A818@E>@C7C, 0L :O:;8:, 3K@3>2C; 2O A.; 40L 3CH;0@K  40L :O:;898, 40L I8=4B>9CLC 2O A.; GN; 3CH;0@K  1>7 :O:;8:, 18;48@G8= 2O A.; AC 3CH;0@K  30H30;403, N@4O: 2O 307;0@; 10B03;K3 3CH;0@K  6F;;FB;O@. 5HO, 40L 2O GN; 3CH;0@K >2;0=K1 C703 <OA0DO9O 4O MN=4O@8;8@, AC 2O 10B03;K3 3CH;0@K 8AO BCBC;4CLC 95@4O A0BK;K@. !0BKH0 MN=4O@<O74O= 30103 >2 3CH;0@K=0 O<BOO MN@F=FHF 25@8;8@. 59D899OB8=4O= 2O 8H;O=<O 30940AK=40= 0AK;K >;0@03 >2 3CH;0@K + 2O ++ :0B53>@89090 09@K;K@. + :0B53>@89090 >2;0=4KLK 70<0= 7O4O;O=<O9O=, O78;<O<8H, BO<87 2O <NI:O< ;O;O:;8, MN7;O@8 GN:<O<8H, 1>9=C 3C@C<0<KH, OB8 30@0;<0<KH, 30=;0 G8@:;O=<O<8H 3CH;0@ 084 548;8@. 2;0=4K340 7O4O;O=<8H 2O F<C<899OB;O + :0B53>@890=K= BO;O1;O@8=O 60201 25@<O9O= 3CH;0@ ++ :0B53>@89090 084 548;8@. 7O@10960=40 >2 3CH;0@K=40= OA0AO=, 3K@3>2C;, :O:;8:, 1>7 :O:;8:, BC@06, 18;48@A8=, 0D307 B5B@0AK, 0D307 C;0@K, %O7O@ C;0@K, 1O7MO:, 30H30;403, 1>7 307, 90HK;10H N@4O:, D8BG8 6F@O, 1>7 N@4O:, :O:8;;8 N@4O:, 4O=87 N@4O98, 0LMN7 N@4O:, 3K@<K7K10H N@4O: 2O A. 3CH;0@ >2;0=0@03 <FEBO;8D EN@O:;O@8= I07K@;0=<0AK=40 8AB8D04O 548;8@. 2 3CH;0@K=K= OB8 90LAK7, 7F;0;K =8A1OBO= G>E, 1O@: :>=A8AB5=A890;K, BF=4 @O=M;8, 5:AB@0:B;K <044O;O@;O 7O=M8=48@. C;9>=C E>H0MO;<O9O= :OA:8= 404;K >;4CLC=40= 4C@C EN@O:;O@8= I07K@;0=<0AK=40 8AB8D04O 548;<8@. 9.7. /", /"-!#/)!# + / #( /" !# (//! / !%+!+ /B 2O OB-AC1<OIAC;;0@K=K= A>9C4C;<0AK 2O A>9C4C;<CH HO@08B4O A0E;0=K;<0AK O= <FBO@O338 FAC;4C@. 'F=:8 1C 70<0= <8:@>>@30=87<;O@8= IO90B DO0;899OB8 2O D5@<5=B;O@8= DO0;;KLK 7O8D;O98@, 59=8 70<0=40 OB8= BO@:818=4O M54O= :8<9O28 2O 18>:8<9O28 4O98H8:;8:;O@ <8=8<C<0 5=8@. O7O= B860@OBO A>9C<CH OB 4O 40E8; >;C@. 0:8= BO7O :OA8;<8H I5920=K= OB8=4O 95B8H<O M5B<O4898 FGF=, :C;8=0@890 5<0;K=0 07 90@0@;K I5A01 548;8@. =0 MN@O 4O, :OA8;<8H I5920=K= 6O<4O98 <FB;O3 <FO99O= <F44OB A0E;0=K;<0;K4K@. 0; 2O 3>9C= 6O<4O98 00!-4O O= 07K 16-24 A00B, 15-180!-4O 8AO 8-12 A00B, BO7O :OA8;<8H 3CH OB8 2-4 A00B A0E;0=K;K1 95B8H48@8;<O;848@. C <F44OB4O OB8= BO@:818=4O >;0= 3;8:>M5= (I5920=8 HO:O@) ?0@G0;0=K@ 2O A>= =OB86O4O, OB4O AF4 BC@HCAC=C= <8340@K 0@BK@. /B8= 1-2 MF= O@78=4O 95B8H<OA8=4O 4O@8= 18>:8<9O28 ?@>A5A;O@ 10H 25@8@, 1C 40 OB8= 9C<H0;<0AK=0, 90EHK I8AA >;C=0= 404 2O 898= O<O;O MO;<OA8=O, OB8= ACA0E;0<0 3018;899OB8=8= 9F:AO;<OA8=O, 90EHK IO7< >;C=<0AK=0, 9F:AO: 4O@O6O4O <O=8<AO=8;<OA8=O, 10H30 AN7;O OB8= O<BOO;8: 2O B5E=>;>J8 MNABO@868;O@8=8= 9F:AO;<OA8=O AO1O1 >;C@. "0< 95B8H<8H OB 18H48:4O 7O@8D, H8@O;8 2O E>H0MO;O=, 8HB0I0G0= 404;K 2O 3>EC;C >;C@. /B 6O<4O:;O@8=8 00!-4O A>9C4C@;0@. >=4C@<040= DO@3;8 >;0@03 A>9C4C;<0 70<0=K OB B0<0<8;O 95B8H8@ 2O BO@:818=4O 1O@?0 >;C=<090= :OA:8= 4O98H8:;8:;O@ 10H 25@8@. /B 9020H 2O B57 A>9C4C;0 18;O@. 020H A>9C4C;<0 O22O;6O -2& -30!-4O 95-98% =8A18 @FBC1OB4O, A>9C4C;<0=K= A>=C=40 8AO -1& 00!-4O 90-92% =8A18 @FBC1OB4O 0?0@K;K@. !0E;0=K;<0 70<0=K I020 0,1-0,3 </A0= AF@OB;O 6O@O90= 5B<O;848@. C HO@08B4O <0;, 60<KH 2O 4>=C7 6O<4O:;O@8 24-36 A00B, 3>9C= 6O<4O:;O@8 14-18 A00B O@78=4O 0-40!-9O :8<8 A>9C4C;C@. "57 A>9C4C;<040, :0<5@040 B5<?5@0BC@ -3& -50!, I020=K= =8A18 @FBC1OB8 95% >;C@. )020 2-3 </A0= AF@OB;O 6O@O90= 548@. C HO@08B4O <0;, 60<KH 2O 4>=C7 6O<4O:;O@8 10-14 A00B, 3>9C= 6O<4O:;O@8 8AO 6-7 A00B0 A>9C4C;C@. CH OB8=8= A>9C4C;<0 <F44OB8 9020H A>9CB4C340 12-24 A00B, B57 A>9CB4C340 2-6 A00B 4020< 548@. !C1<OIAC;;0@K 09@K60, EFACA8 3094040 I07K@;0=<KH :0<5@040 A>9C4C;C@. 020H A>9C4C;<0 70<0=K AC1<OIAC;;0@ 24 A00B0, B57 A>9C4C;4C340 2 A00B0 A>9C4C;C@. !>9C4C;<CH OB8= A0E;0=K;<0AK FGF= 8AB8D04O 548;O6O: A>9C4C;0= :0<5@0;0@40 I020=K= B5<?5@0BC@C 0& -1,50!, =8A18 @FBC1OB 85-90%, I020=K= 6O@O90= AF@OB8 0,1-0,2 </A0= >;<0;K4K@. C HO@08B4O <0; OB8 10-16 MF=, 3>9C= 2O 4>=C7 OB8 7-14 MF= :59D899OB;8 AC@OB4O A0E;0=K;0 18;O@. 5H8:;O@O 9KLK;<KH A>9C4C;<CH 3CH OB8 I020AK=K= B5<?5@0BC@C -0,5-0,50!, =8A18 @FBC1OB8 80-90%, I020=K= 6O@O90= 5B<O AF@OB8 0,2-0,3 </A0= >;0= :0<5@0;0@40 H0I<0B HO:;8=4O 9KLK;K@ 2O 1C HO@08B4O 90@K<BO<87;O=<8H 3CH OB8 10-12 MF=, BO<87;O=81 ?>;8<5@ :8AO;O@O 9KLK;<KH 3CH OB8 8AO 5-10 MF= A0E;0=K;0 18;O@. !C1<OIAC;;0@ A>9C4C;4C340= A>=@0 A0BKH0 25@8;8@, ;0:8= 1O78 I0;;0@40 A>9C4C6CE0=0;0@40 3 MF=O :8<8 A0E;0=K;0 18;O@. '>E A>9C4C;<CH (0706K3 4>=4C@C;<CH) OB8 -20!-4O (+0,50!) 17-20 MF= A0E;0<03 >;0@. !>9C4C;<CH OB8 C7C= <F44OB A0E;0<03 <F<:F= >;<04KLK FGF= 4>=4C@C;C@. !>9C4C;<CH 2O 0-40!-4O 6-7 MF= A0E;0=K;<KH OB8 4>=4C@<03 <OA;OIOB MN@F;<F@. 'F=:8 15;O OB8= 4>=C 0GK;4K340 :F;;8 <8340@40 H8@O 09@K;K@. /B8= 2O AC1<OIAC;;0@K= 18;020A8BO 1CL;C-8AB8 I0;40 4>=4C@C;<0AK 18@D070;K, A>9C4C;4C340= A>=@0 4>=4C@C;<0AK 8AO 8:8D070;K 4>=4C@<0 04;0=K@. 8@D070;K 4>=4C@<0 OB8= :59D899OB8 FGF=, IO< 4O 83B8A048 10EK<40= <O3AO4OC9LC=4C@. /B 2O AC1<OIAC;;0@K= 4>=4C@C;<0AK 3 D>@<040 IO90B0 :5G8@8;8@. 020H 4>=4C@<0  I020AK=K= B5<?5@0BC@C -18& -230!, =8A18 @FBC1OB8 90-95%, I020=K= 6O@O90= 5B<O AF@OB8 0,1-0,2 </A0= >;0= :0<5@0;0@40 IO90B0 :5G8@8;8@. /B8= 4>=<0 <F44OB8 18@D070;K FAC;40 36 A00B, 8:8D070;K FAC;40 8AO 40 A00B4K@. =B5=A82 4>=4C@<0  I020AK=K= B5<?5@0BC@C -23& -300!, =8A18 @FBC1OB8 90-95%, I020=K= 6O@O90= 5B<O AF@OB8 0,5-0,8 </A0= >;0= :0<5@0;0@40 IO90B0 :5G8@8;8@. /B8= 4>=<0 <F44OB8 18@D070;K FAC;40 24 A00B, 8:8D070;K FAC;40 8AO 26 A00B4K@. !F@OB;8 4>=4C@<0  I020AK=K= B5<?5@0BC@C -30& -350!, =8A18 @FBC1OB8 96-98%, I020=K= 6O@O90= 5B<O AF@OB8 1-4 </A0= >;0= :0<5@0;0@40 IO90B0 :5G8@8;8@. /B8= 4>=<0 <F44OB8 18@D070;K FAC;40 16 A00B, 8:8D070;K40 8AO 20 A00B4K@. !C1<OIAC;;0@ I5920=K= =N2F=O, 5;O6O 4O :59D899OB8=O MN@O A>@B;0H4K@K;K@ 2O 20 :3 :FB;O4O 1;>:;0@ (1@8:5B), IO<G8=8= BO:-BO: I0;40 AF@OB;8 FAC;;0 4>=4C@C;C@. !C1<OIAC;;0@K=K= 18@D070;K AF@OB;8 FAC;;0 4>=4C@C;<0 <F44OB8 18 A00B, 8:8D070;K40 8AO 22 A00B4K@. CH OB8 >;0= 95H8:;O@ 2O :0@B>= 3CBC;0@ 4>=4C@C6C :0<5@040 H0I<0B HO:;8=4O 9KLK;K@. CH OB8=8= =N2F=4O= 0AK;K >;0@03 4>=4C@C;<0 <F44OB8 9020H 4>=4C@<040 28-35 A00B, 8=B5=A82 4>=4C@<040 18-20 A00B, AF@OB;8 4>=4C@<040 8AO 4-5 A00B4K@. >=4C@C;<CH OB8= 2O AC1<OIAC;;0@K=K= A0E;0=K;<0 <F44OB8 B5<?5@0BC@40= 0AK;K4K@. 8@ 30940 >;0@03 4>=4C@C;<CH OB -180!-4O, 95-98% =8A18 @FBC1OB4O A0E;0=K;K@. 5;O HO@08B4O <0; OB8=8 12 09, 3>9C= OB8=8 10 09, 4O@8;8 4>=C7 OB8=8 8 09, 4O@8A87 OB8 6 09, AC1<OIAC;;0@K=K 4 09 A0E;0<03 >;0@. -250!-4O <0; OB8=8 18 09, 3>9C= 2O 4>=C7 OB;O@8=8 12 09 A0E;0<03 >;0@. -12& -150!-4O, 85-90% =8A18 @FBC1OB4O 3CH OB8=8= A0E;0=K;<0 <F44OB8 6-7 09, -250!-4O 8AO 12-14 094K@. O@0:O=4O B860@OB <FOAA8AO;O@8=4O A>9C4C;<CH OB8 0-20!-4O, 85% =8A18 @FBC1OB4O, <0;, 3>9C= 2O 3CH OB8=8 3 MF=, AC1<OIAC;;0@K 1 MF= A0E;0<03 >;0@. >=4C@C;<CH OB8 -80!-4O 90-98% =8A18 @FBC1OB4O 4 MF=, 3CH OB8=8 5 MF=, AC1<OIAC;;0@K 8AO 4 MF= A0E;0<03 >;0@. 'O:8;81-1F:F;<FH A>9C4C;<CH OB8 0-60!-4O 35 A00B0 3O4O@ A0E;0<03 >;0@. !>9C4C;<CH AC1<OIAC;;0@K=K 00!-4O 3 MF=, 0-60!-4O 36 A00B, 80!-4O 12 A00B A0E;0<03 >;0@. >=4C@C;<CH AC1<OIAC;;0@K IO<8= B5<?5@0BC@40 C9LC= >;0@03 3 MF=, 48 A00B 2O 24 A00B A0E;0=K;K@. F22O4O >;0= BO;8<0B;0@0 OA0AO= OB8= =N2F=4O=, :N:;F: 4O@O6OA8=4O=, A0E;0=K;<0 HO@08B8=4O= 2O <F44OB8=4O= 0AK;K >;0@03 AC9C= 1CE0@;0=<0AK I5A01K=0 A>9C4C;<CH 2O 4>=4C@C;<CH OBO, 3CH OB8=O 2O AC1<OIAC;;0@K=0 BO188 8B:8 =>@<0AK <FO99O= 548;<8H48@. /B8= 40HK=K;<0AK, ?O@0:O=4O B860@OB <FOAA8AOA8=4O A0E;0=K;<0AK, A0BKH0 I07K@;0=<0AK 2O A0BKHK= IO90B0 :5G8@8;<OA8 FGF= 4O BO188 8B:8 25@8;8@. !>9C4C6CE0=0;0@40 BO188 8B:8 =>@<0AK 0,05-4O= 0,40%-O 3O4O@, ?O@0:O=4O B860@OB8= 1070 2O 0=10@;0@K=40 8AO 0,03-4O= 0,5%-O 3O4O >;0 18;O@. 9.8. ! /#"+ >;10A0 8AB5IA0;K=40 <0;, 4>=C7, 3>9C= 2O 48MO@ I5920=;0@K= OB8=4O=, 4>=C7 ?898=4O=, OB-AC1<OIAC;;0@K=40=, 9C<C@B0 2O AF4 <OIAC;;0@K=40=, D81@8=;O@4O= BO<87;O=<8H 30=40=, EN@O: 4C7C, O428990B, A0@K<A03 2O 10H30 90@4K<GK E0<<0;;0@40= 8AB8D04O 5B<O:;O OB 389<OA8 I07K@;0=K@. /B 389<OA8 BO188 10LK@A03;0@0, AF=8 N@BF6F ?O@4O;O@O, 90EC4 3O;81;O@O 4>;4C@C;C1 B5@<8:8 5<0;40= 2O 90 D5@<5=B0A890 O<O;8990BK=40= :5G8@8;<O:;O 8AB8D04O FGF= I07K@ 2O7899OBO MOB8@8;8@. >;10A0 8AB5IA0;K=40 OB 9598;<O9O= 2O 3840;K;K3 4O9O@8 0H0LK >;0= BO@:81 I8AAO;O@8=4O= BO<87;O=4898 FGF=, 9F:AO: 3840;K;K3 4O9O@8=O <0;8: >;0= :>;10A0 <O<C;0BK OB4O= FABF= A09K;K@. >;10A0 389<OA8=O O428990B 2O <FEBO;8D B0<;K 30B<0;0@ 2C@C;C@ :8, 1C=;0@ 40 :>;10A0 <O<C;0BK=0 E>H0MO;O= B0<, 89 2O @O=M 25@8@, 1C 40 N7 =N21OA8=4O IO<8= <O<C;0BK= IO7<8=8 2O <O=8<AO=8;<OA8=8 90EHK;0H4K@K@. >;10A0 <O<C;0BK 8AB5IA0;K=40 30@0<0;, 4>=C7, 4020@, 0B, <0@0;, 4>2H0=, 3CH OB8 2O 48MO@ I5920=;0@K= BO7O OB;O@8=4O= 8AB8D04O 548;8@. AB8D04O >;C=0= OB 8AB8-1CL;C, A>9C<CH, A>9C4C;<CH, 4>=4C@C;<CH 2O 4C7;0=<KH I0;40 >;0 18;O@. 0; OB8 389<O=8= OA0A 1O@:84868 <0B5@80;K >;C1, :>;10A0=K= @O=M8=O, 404K=0, B0<K=0 2O :>=A8AB5=A890AK=0 :OA:8= BOA8@ 548@. 8@ =5GO :>;10A0 =N2F 8AB8A=0 >;<03;0 O:AO@ :>;10A0;0@ <0; 2O 4>=C7 OB;O@8=8= 30@KHKLK=40= I07K@;0=K@. >=C7 OB8=4O= 8AB8D04O 548;48:4O, I07K@;0=0= 389<O=8= AC20H30=;KLK, 7O@8D;898, H8@O;898 9F:AO;8@, 0;K=0= :>;10A0 40I0 90EHK B0<0, 3840;K;K3 4O9O@8=O 2O 9F:AO: 5=5@J825@<O 3018;899OB8=O <0;8: >;C@. >;10A0 8AB5IA0;K=40 3>9C= OB8=4O= 07 8AB8D04O 548;8@. 0:8= @5A?C1;8:0=K= OB 10;0=AK=40 3>9C= OB8=8= EFACA8 GO:8A8=8= 30%-4O= G>E >;<0AK, >=40= :>;10A0 <O<C;0BK 8AB5IA0;K=40 8AB8D04O 548;<OA8=O 8<:0= 25@8@. >;10A0 <O<C;0BK 8AB5IA0;K=40 AC1<OIAC;;0@K=40=  480D@03<0 ?O@4OA8, :O;;O OB8, <0;, 3>9C= 2O 4>=C7 F@O98 =8A1OBO= 0H0LK A>@B :>;10A0;0@K= 8AB5IA0;K=0 AO@D >;C=C@. >;;0M5=;O 7O=M8= >;0= 30@0689O@, 4>403 2O 48MO@ AC1<OIAC;;0@ O22O;6O 18H8@8;8@, A>=@0 8G0;0B 2O 30= :>;10A0;0@K=K= 8AB5IA0;K=0, IO<G8=8= ?0HB5B 2O 75;A;O@8= 8AB5IA0;K=0 AO@D >;C=C@. >;10A0 <O<C;0BK=0 <FO99O= <8340@40 4>=C7 ?898, 3C9@C3 90LK 2O 4C7AC7 8=O: 90LK 8AB8D04O 548;8@. C=;0@ 389<O=8= ?;0AB8:;898=8 0@BK@K@, :>;10A0=K= 3840;K;K3 4O9O@8=8 2O :0;>@8;898=8 9F:AO;48@. F:AO: A>@B;C :>;10A0;0@K= 8AB5IA0;K=40 <0; OB8=8= AOBI8=4O:8 ?89;O@ 0BK;K@ 2O 95@8=O 4>=C7 ?898 O;02O 548;8@. /B 389<OA8=8= @O=M8=8, 90?KH30=;KLK=K, ACBCB<0 301;899OB8=8 90EHK;0H4K@<03 <O3AO48;O >=0 :0@B>D =8H0AB0AK, B>9C3 9C<C@B0AK, 9C<C@B0 B>7C, F7;F 2O F7AF7 AF4, F7;F 2O F7AF7 3C@C AF4, 3C@C 309<03 2O A. E0<<0;40= 30BK;K@. /428990B 2O 30B3K;0@40= <8EO:, 4OD=O 90@?0LK, <CA:0B 6N2F7F, 30@0, 0L 2O OB8@;8 8AB8>B, 3K@<K7K 8AB8>B, 40@GK=, 6ODO@8 2O A. 8AB8D04O 548;8@. >;10A0=K= E>H GOI@09K-:O@?868 @O=M8=8= O<O;O MO;<OA8 FGF= >=0 =0B@8C<-=8B@8B, 9598=B8 1>90;0@K O;02O 548;8@. >;10A0 <O<C;0BK=K= 8AB5IA0;K=K= OA0A B5E=>;>J8 O<O;8990B;0@K 0H0LK40:K;0@40= 810@OB48@: - E0<<0;K= 3O1C;C 2O 6O<4O:;O@8= 4>L@0=<0AK; - OB8= AF<F:4O= 2O 3840;K;K3 4O9O@8 0H0LK >;0= I8AAO;O@4O= 09@K;<0AK; - 4>=C7 ?898=8= B8:O68:;O@O 4>L@0=<0AK; - 9C<H03 OB4O= :>;10A0 389<OA8=8= I07K@;0=<0AK; - OB8= 2O 90 389<O=8= 4C7;0=<0AK 2O 95B8H<O: FGF= A0E;0=K;<0AK; - 389<O=8= 10H30 O;02O;O@;O 30@KH4K@K;K1 I07K@;0=<0AK; - I07K@;0=<KH 389<O=8= N@BF6F ?O@4O;O@O 2O 90 3O;81;O@O 4>;4C@C;<0AK; - :>;10A0 10B>=;0@K=K= GN:4F@F;<OA8; - <O<C;0BK= B5@<8:8 5<0;40= :5G8@8;<OA8. >;10A0;0@K= <FEBO;8D 3@C?;0@K=K= 1C=40= A>=@0:K 8AB5IA0;K 18@ 3O4O@ DO@3;848@. 8H<8H 2O 90@K<I8A;O=<8H :>;10A0;0@ 3K70@4K;K@, 18H8@8;8@, 90@K<I8A;O=<8H;O@ I8AO 25@8;8@ 2O A>9C4C;C@. )8A;O=<8H :>;10A0;0@K= 18H8@8;81 I8A;O=<8H;O@8 O22O;6O 18H8@8;8@, I8AO 25@8;8@ 2O 3C@C4C;C@; G89 I8A;O=<8H :>;10A0;0@ 8AO I8AO 25@8;8@ 2O 3C@C4C;C@. >;10A0 <O<C;0BK E0<<0;K=40=, :59D899OB8=4O=, 8AB5IA0; B5E=>;>M890AK=40=, I015;O :>;10A0 10B>=;0@K=K= A?5A8D8: 70I8@8 2O :OA8: I8AAO4O:8 MN@F=FHF=4O= 0AK;K >;0@03 0H0LK40:K 3@C?;0@0 1N;F=F@: 8H<8H :>;10A0;0@ A>A8A:0 2O A0@45;:0;0@;0 18@;8:4O 8AB5IA0; >;C=0= 1FBF= :>;10A0 <O<C;0BK=K= 70%-4O= G>EC=C BOH:8; 548@. 8H<8H :>;10A0;0@K= BO@:818=4O 53-75% AC 2O 1,8-3,5% EN@O: 4C7C >;C@. !>A8A:0;0@40 2,5%, A0@45;:0;0@40 3%-O 3O4O@ 4C7 >;C@. 8H<8H :>;10A0;0@ AO@D 548;O= OA0A E0<<0;;0@K= <8340@K=40=, BO@:818=4O= 2O :59D899OB8=4O= 0AK;K >;0@03 O;0, 1-68 2O 2-68 A>@B0 09@K;K@. /= M5=8H 909K;<KH 18H<8H O;0 A>@B :>;10A0;0@K= G5H848=4O= )O2OA:0@, >:B>@, 09B0EB, !F4;F, 0=0 OB8 2O CA :>;10A0;0@K=K; 1-68 A>@B0 084 /;0I844O, HE0=0, 48, OI@87, 8:0=B, -O=6;8: :>;10A0;0@K=K; 2-68 A>@B0 084 '09, O;90=0;BK, CA890, O=4;8, 'N; :>;10A0;0@K=K MNABO@<O: >;0@. 89<O;O=<8H :>;10A0;0@ 9F:AO: :59D899OB;8 40=0 2O 4>=C7 OB8=4O= I07K@;0=K@, 389<O9O EK@40;0=<KH 4>=C7 ?898 2O 48;, AF4 2O 9C<C@B0 30BK;K@. 8H<8H :>;10A0;0@40= DO@38 >=404K@ :8, 1C=;0@ 3K70@4K;<040= 18H8@8;8@. F:AO: 3840;K;KLK 2O 404 :59D899OB8 8;O AO6899O;O=O= 389<O;O=<8H :>;10A0;0@ 90;=K7 O;0 A>@B40 8AB5IA0; 548;8@. /A0AO= 2 G5H844O 1C@0EK;K@. "O1O3O;8 389<O;O=<8H :>;10A040 48; 2 2O 90 4 95@O 48;8< HO:;8=4O 4>L@0=K1 389<O 2O H?8:;O BO1O3O;O=8@. 8; :>;10A0AK FGF= 8AO 48; 6 << 8@8;8:4O OBGO:O= <0HK=40= :5G8@8;81 389<O9O 30BK;K@. "O@:818=4O 55% AC, 2-3% EN@O: 4C7C >;C@. /B GN@O:;O@8 @5A5?B8=O 2O I07K@;0=<0AK=0 MN@O 18H<8H :>;10A0;0@0 G>E 90EK=4K@. 89<O=8 4F71C603;K <5B0; D>@<0;0@40 18H8@8@;O@. /B GN@O:;O@8=8= 90= 2O 0;B BO@OD8 I0<0@, FAB BO@OD8 8AO 1O@01O@ 3K70@<KH >;C@. 04K 18H<8H :>;10A0;0@K= 404K=0 >EH09K@, ;0:8= I8A 3>ECAC >;<C@. /;0 A>@B;0@40= !8D0@8H, )O2OA:0@, 1-68 A>@B0 084 5BG8=0, /;0I844O 2O 0;; 2-68 A>@B0 084 '09 FGF= OB GN@O98 :>;10A0AK 8AB5IA0; 548;8@. "O@:818=4O 57-70% AC, 3% 4C7 >;C@. !>A8A:0 2O A0@45;:0;0@ 8AB5IA0; FAC;C=0 MN@O 18H<8H :>;10A0;0@K= 18@ =N2F I5A01 548;8@. F:AO: :59D899OB;8 A>A8A:0 2O A0@45;:0 1CL;C-8AB8 2O A>9C4C;<CH 6020= I5920=K= OB8=4O= 0;K=K@. !>A8A:0 2O A0@45;:0;0@K= 9F:AO: :59D899OB;8 A>@B;0@K=0 9C<C@B0 2O 389<O9O AC O2O78=O AF4 2O 90 309<03 O;02O 548;8@. !>A8A:0 2O A0@45;:0;0@ 9F:AO: 3840;K;K3 4O9O@8 2O 404 :59D899OB8 8;O AO6899O;O=81 O;0 2O 1-68 A>@B >;C@. /;0 A>@B A>A8A:0;0@40= @5?KH, !F4;F, )O2OA:0@, 09<03;K, 09B0EB, 5=48@;8, 8:0=B; 1-68 A>@B0 084 0;, CA, (OIO@;8 2O 3>9C= A>A8A:0;0@K=K; O;0 A>@B A0@45;:0;0@40= >=C7, (?8:0G; 1-68 A>@B0 084 0;, -O=6;8:, 0I0@ 2O "O;O1O A0@45;:0;0@K=K MNABO@<O: >;0@. OI@87 :>;10A0;0@K=K= 8AB5IA0;K=40 9F:AO: :59D899OB;8 6020= <0; OB8, 40=0 OB8, :O@O 90LK, 9C<C@B0, AF4 2O 309<0340= 8AB8D04O 548;8@. (O:O@;8 48015B EOABO;8:;O@8 FGF= I07K@;0=0= :>;10A0;0@0 HO:O@ O2O78=O A>@18B 2O :A8;8B 30BK;K@. /A0AO= 18H<8H :>;10A0;0@ :8<8 I07K@;0=K@ 2O 90;=K7 O;0 A>@B40 1C@0EK;K@. 0@K<I8A;O=<8H :>;10A0;0@K= BO@:818=4O 30-40% 90L, 35-60% AC 2O 2,5-4,5% EN@O: 4C7C >;C@. #703 <OA0DO9O 40HK=0603 :>;10A0;0@K= BO@:818=4O AC, 048;O@4O= 4-9% 07 >;C@. C :>;10A0;0@0 7O@8D 2O ?;0AB8: :>=A8AB5=A890 25@<O: <O3AO48;O 389<O9O ;07K<8 3O4O@ H?8: 2O 4>=C7C= 90L;K 4NH OB8 O;02O 548;8@. /;0 A>@B :>;10A0;0@0 ?894O= 2O 40<0@;0@40= BO<87;O=<8H <0; OB8, 90@K<90L;K 4>=C7 OB8 2O 4>=C7 ?898 30BK;K@. H0LK :59D899OB;8 :>;10A0;0@0 8AO OB :OA8:;O@8, 4>=C7 2O <0; 10HK=K= OB8, 7F;0;;K A018B;OH48@868;O@, =8H0AB0 2O 90 1CL40 C=C O;02O 548;8@. 59D899OB8=4O= 0AK;K >;0@03 O;0 (@<028@, @0:>2, 2GC, >;B020, K70@4K;<KH #:@09=0), 1-68 (#:@09=0, 45AA0, 8=A:, F;0;;K), 2-68 (>;H0, !5<8?0;0B8=A:8, O;90=0;BK, >9C=), 3-6F (AC1<OIAC;;0@40= I07K@;0=0= %FACA8 :>;10A0) A>@B0 09@K;K@. )8A;O=<8H :>;10A0;0@ I07K@;0=<0AK FAC;C=40= 0AK;K >;0@03 3 90@K<3@C?0 1N;C=C@: '89 I8A;O=<8H :>;10A0;0@K= BO@:818=4O 25-30% AC 2O 3-6% EN@O: 4C7C >;C@. '89 I8A;O=<8H :>;10A0;0@ 3K70@4K;<K@ 2O 18H8@8;<8@. =;0@ 4C7;0<0, GN:4F@F;<O, I8AO 25@<O 2O 3C@C4C;<0 O<O;8990B;0@K =OB86OA8=4O BO@:81;O@8=4O M54O= D5@<5=B0A890 ?@>A5A8 =OB86OA8=4O 8AB5I;0:0 I07K@ >;C@. C :>;10A0;0@ 9F:AO: 3840;K;K3 4O9O@8=O 2O 5=5@J8;898=O <0;8: >;<03;0, AC9C= 07 2O I8A <044O;O@8=8= >;<0AK A09OA8=4O C7C= <F44OB :59D899OB;8 AC@OB4O A0E;0=K;<0 3018;899OB8 8;O DO@3;O=8@;O@. "860@OB4O 1C 3@C? :>;10A0;0@0 1O@: :>;10A0 40 4598;8@. /;0 A>@B :>;10A0;0@0 520, %FACA8, "C@8AB, !5@25;0B, 09B0EB, >A:20, >;H0 2O A.; 1-68 A>@B0 )O2OA:0@, >AB>2, #:@09=0 2O A. :>;10A0;0@ 08448@. !>9C3 I8A;O=<8H 90@K<3C@C :>;10A0;0@K 8AB5IA0; 5B48:4O= A>=@0 20 MF= EFACA8 HO@08B4O A0E;09K1 3C@C4C@;0@. /;0 A>@B >;, ;8<?890 2O CA890 :>;10A0;0@K 8AB5IA0; 548;8@. 8H8@8;81-I8A;O=<8H :>;10A0;0@ G89 I8A;O=<8H :>;10A0;0@0 =8A1OBO= BF=4;F9F=O MN@O 7O8D >;<0AK, :>=A8AB5=A890AK=K= 9C<H03 2O O98;O= >;<0AK 8;O DO@3;O=8@. "860@OB4O 1C :>;10A0;0@0 909 :>;10A0AK 40 4598;8@. "O@:818=4O 38-43% AC, 5%-O 3O4O@ 4C7 >;C@. 5A5?B8 2O G5H848 G89 I8A;O=<8H :>;10A0;0@0 C9LC=4C@. /;0 A>@B;0@40= 5;8:0B5A, !5@25;0B 2O 1-68 A>@B;0@40= >9C= OB8, )O2OA:0@ 2O !8D0@8H :>;10A0;0@K MNABO@8;O 18;O@. G0;0B :>;10A0;0@K 10LK@A03;0@40, <FEBO;8D OB 2O ?89;O@4O=, 30@0689O@ 2O 48MO@ AC1<OIAC;;0@K=40=, AF4 2O 9C<C@B0 O;02O 548;<O:;O I07K@;0=K@. "O@:818=4O 48-70% AC 2O 2,2-2,5% EN@O: 4C7C >;C@. G0;0B :>;10A0;0@K=K= 389<OA8 18@68=A;8, 1>7 @O=M4O 2O 90EK;0= :>=A8AB5=A890;K >;C@. )8A;O=<8H 8G0;0B :>;10A0;0@K=K A>9C3 FAC;;0 I8A;O98@;O@. G0;0B :>;10A0;0@K O;0 (0@0689O@4O= 8G0;0B, C<C@B0;K 8G0;0B), 1-68 (8H<8H 8G0;0B, 48, )8A;O=<8H), 2-68 (?89;O 8G0;0B) 2O 3-6F (8G0;0B-18B:8) O<BOO A>@B;0@K=0 09@K;K@. 0HB5B;O@ 8G0;0B :>;10A0;0@K I07K@;0=0= E0<<0;;0@40= 8AB5IA0; 548;8@, ;0:8= OB GN@O:;O@8 :8<8 EFACA8 <5B0; D>@<0;0@40 18H8@8;8@. 0HB5B;O@8= @O=M8 <FEBO;8D G0;0@;K 1>7C<BC;, 3>ECAC OB8@;8, B0<K E>H0MO;O= O42899O;848@. "O@:818=4O AC9C 50-60%, EN@O: 4C7C 1,8-2,5% 0@0AK=40 >;C@. 0HB5B;O@ O;0 (5;8:0B5A) 2O 1-68 (G0;0B ?0HB5B8, #:@09=0 ?0HB5B8) O<BOO A>@BC=0 09@K;K@. 5;A;O@ 2O A>9CB<0;0@ I07K@;0<03 FGF= 0H0LK A>@B <0; OB8, 4>=C7C= 90=03 OB8, :O;;O OB8, <O4OA8, 95;8=, 4O@8, 90?KH30=;K <044OA8 G>E >;0= AC1<OIAC;;0@, OB 1C;9>=C 2O O428990B;0@40= 8AB8D04O >;C=C@. 5;A 389<OA8=8 :>@ 10LK@A0L0 2O 90 A848: :8AOA8=O 4>;4C@C1 B5@<8:8 5<0;40= :5G8@8@;O@. 04K A?5A8D8: >;C1, :>=A8AB5=A890AK AKE, O98;O=, :OA8: I8AAO4O 4>=C7 4O@8A8 I8AAO;O@8, <O4O 2O 95;8= OB8 3K@K3;0@K MN@F=F@. "O@:818=4O 55-75% AC 2O 2,5-4% EN@O: 4C7C >;C@. 59D899OB8=4O= 0AK;K >;0@03 O;0 ( CA, K@<K7K), 1-68 (L 75;A), 2-68 (K@<K7K 10H20@8 75;A) 2O 3-6F (>7 75;A, 0; OB8 75;A8, AA>@B8 75;A8, O;90=0;BK 75;A8 2O ?@5A;O=<8H 75;A) O<BOO A>@BC=0 09@K;K@. !>9CB<0;0@K= BO@:818=4O 80-85% AC 2O 2-3% 4C7 >;C@. /;0, 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@. 0= :>;10A0;0@K=K= 8AB5IA0;K=40 389<O9O 15-50%-O 3O4O@ D81@8=;O@4O= 0704 548;<8H 9598=B8 30=K 30BK;K@. 0= O;02O 5B<O:;O OB GN@O:;O@8 2O 75;A;O@ 4O 8AB5IA0; 548;8@. 59D899OB8=4O= 0AK;K >;0@03 30= :>;10A0;0@K O;0, 1-68, 2-68 2O 3-6F O<BOO A>@BC=0 09@K;K@. CH OB8=4O= I07K@;0=0= :>;10A0;0@K= 8AB5IA0;K=40, OA0AO=, <FEBO;8D 3CH OB;O@8=4O= 8AB8D04O 548;8@. /;0 A>@B 18H<8H 3CH OB8 :>;10A0;0@K=40= I8=4B>9CLC 2O B>9C3 OB8=4O= )O2OA:0@, 90B83>@A:, 1-68 A>@B 07 OB8, 5;8=>3@04, %FACA8 B>9C3 OB8, .@4O: OB8 2O >2H0= OB8 :>;10A0;0@K=K MNABO@<O: >;0@. CH OB8=4O= A0@45;:0 2O A>A8A:0, 8G0;0B 2O 18H8@8;81 I8A;O=<8H :>;10A0;0@ 40 I07K@;0=K@. !>= 70<0=;0@ 7O@10960=40 )0;0; 452878 0;BK=40 18@ =5GO G5H844O 18H<8H 2O I8AO 25@8;<8H :>;10A0 <O<C;0BK 8AB5IA0; >;C=C@. C :>;10A0;0@K= BO@:818=O 4>=C7 OB8 2O ?898 30BK;<K@. >;10A0 <O<C;0B;0@K=K= :59D899OB8 >@30=>;5?B8:8, D878:8, :8<9O28 2O 10:B5@8>;>J8 FAC;;0@;0 <FO99O= 548;8@. @30=>;5?B8:8 MNABO@868;O@4O= :>;10A0=K= E0@868 MN@F=FHF, 898 2O B0<K, 5= :OA898=8= MN@F=FHF, :>=A8AB5=A890AK; D878:8 MNABO@868;O@8=4O= 10B>=;0@K=, ?89 2O 4NH B8:O68:;O@8=8= N;GFAF, N@BF6F ?O@4O=8= 2O 2868= C7C=;CLC; :8<9O28 MNABO@868;O@8=4O= AC9C=, EN@O: 4C7C=C=, =8B@8B8=, =8H0AB0=K= 2O D>AD>@C= <8340@K; 10:B5@8>;>J8 MNABO@868;O@8=4O= 8AO 1 3 <OIAC; I5A01K 8;O :>;10A040 >;0= <8:@>>@30=87<;O@8= F<C<8 <8340@K, IO<G8=8= GF@F4F6F 2O EOABO;8:BN@O4868 <8:@>>@30=87<;O@8= >;<0AK <FO99O= 548;8@. 59D899OB MNABO@868;O@8=4O= 0AK;K >;0@03 :>;10A0 <O<C;0BK BO7O, BO7O;898 HF1IO;8 2O E0@01 >;<CH0 09@K;K@. "860@OBO 90;=K7 BO7O :>;10A0 <O<C;0BK 25@8;8@. "O7O :>;10A0 <O<C;0BK=K= N@BF6F ?O@4OA8 3C@C, 1FBN2, <NI:O<, 5;0AB8:8, BO<87, 90=K3AK7, :8DA87 >;C1, 389<O9O <NI:O< AKEK;<0;K4K@. '89 I8A;O=<8H :>;10A0;0@K= AOBI8=4O 0L 3C@C :8D8= >;<0AK=0 9>; 25@8;8@. 04 2O 898 IO@ 18@ <O<C;0BK= G5H848=O 2O A>@BC=0 C9LC= >;C1, 30EAK<KH, BC@HC<CH, :8D;O=<8H 2O IO@ I0=AK :O=0@ 3>EC 2O B0< >;<0<0;K4K@. 89<O=8= @O=M8 IO<8= :>;10A0 <O<C;0BK FGF= E0@0:B5@8: >;C1 1FBF= AOBI4O, 8ABO@ N@BF6F ?O@4O=8= OB@0DK=40, 8ABO@AO 4O 48MO@ 95@;O@4O 59=8 >;<0;K4K@. 89<O4O 1>7 ;O:O;O@8=, 1>7 @O=M;8 I020 1>H;C3;0@K=K= >;<0AK=0 9>; 25@8;<8@. 89 0L 2O 90 0L-GOI@09K G0;0@;K >;<0;K4K@. >;10A0 <O<C;0BK=K BCBC<C 50 :3 >;0= 40E8;8 BO@OD4O= 0;F<8=8C< 2O 90 ?>;04 2O@O3O;O@;O N@BF;<FH B0EB0 2O 90 <5B0; 95H8:;O@O, BCBC<C 20 :3 >;0= :0@B>= 3CBC;0@0 2O C703 <OA0DO9O 40HK<03 FGF= I8A;O=<8H :>;10A0;0@K 200 :3 BCBC<C >;0= B0EB0 GO;;O:;O@O 301;0H4K@K@;0@. /= O;25@8H;8 B0@0 AOBI8=8= 25%-O 3O4O@8 4O;8:;O@4O= 810@OB >;0= ?>;85B8;5= 95H8:;O@ 2O 95H8:-:>=B59=5@;O@ A09K;K@. )O@ 18@ B0@090 0=603 18@ 0440 :>;10A0 301;0H4K@K;<0;K4K@. "0@0;0@ <0@:0;0=4K340  <FOAA8AO=8= 04K 2O B015G8;898, :>;10A0=K= B8?8, A>@BC 2O 04K (G5H848), B0@0=K= :FB;OA8, <OIAC;C= =5BB> :FB;OA8 2O AB0=40@BK= =N<@OA8 907K;<0;K4K@. >;10A0 2O :>;10A0 <O<C;0BK=K 18@ 30940 >;0@03 80!-4O= 9F:AO: >;<090= B5<?5@0BC@40 2O 75-80% =8A18 @FBC1OB4O A0E;09K@;0@. 8H<8H 1-68 2O 2-68 A>@B :>;10A0;0@K= 2O OB GN@O:;O@8=8= A0BKH <F44OB8 2 MF=, O;0 A>@B;0@40 8AO 3 MF=4F@. 0@K<I8A;O=<8H 2O 18H8@8;81-I8A;O=<8H :>;10A0;0@K 10 MF=, G89 I8A;O=<8H :>;10A0;0@K 8AO 30 MF= O@78=4O @50;87O 5B<O: ;07K<4K@. /4O48 A0BK;0= ?0HB5B;O@8 36 A00B, GO:8 8;O A0BK;0=;0@K 24 A00B, 8G0;0B :>;10A0;0@K, 75;A;O@ 2O A>9CB<0;0@K 12 A00B <F44OB8=4O A0B<03 ;07K<4K@. >=4C@C;<CH ?0HB5B;O@8 -80!-4O= 9CE0@K >;<090= B5<?5@0BC@40 1 09 A0E;0<03 >;0@. 8;8<;O@O 4>L@0=K1 20:CC< 0;BK=40 AF=8 ?O@4O;O@O 301;0H4K@K;<KH I8A;O=<8H 2O 90@K<I8A;O=<8H :>;10A0;0@K 15-180!-4O 6 MF=, 5-80!-4O 8 MF= A0E;0<03 >;0@. >;10A0;0@K= A0E;0=K;<0AK, 40HK=K;<0AK 2O A0BKH0 I07K@;0=<0AK 70<0=K 25@8;O= BO188 8B:8 =>@<0AK <FEBO;8D 0<8;;O@4O= 0AK;K >;0@03 0,05-4O= 0,55%-O 3O4O@48@. !0BKH 70<0=K :>;10A0 <O<C;0BK=K= BC;;0=BK =>@<0AK 8AO :>;10A0=K= =N2F=4O= 0AK;K >;0@03 0,20-1,63%-O 3O4O@48@. 9.9. )!/  ( /" /)!# + )8A;O=<8H OB <OIAC;;0@K 7O@8D :>=A8AB5=A890;K, 9F:AO: 3840;K 2O E>H0MO;O= 404;K, A0E;0=K;<0L0 4020<;K OB <OIAC;C4C@. C <OIAC;;0@K= 9598;O= I8AAOA8=4O 25-45% AC, 10-17% 7F;0;, 60%-O 3O4O@ 90L 2O 7%-O 3O4O@ <8=5@0; <044O;O@ (4C7;0 18@;8:4O) 20@4K@. )8A;O=<8H OB <OIAC;;0@K FGF= OA0A E0<<0; 15:>=;C3 4>=C7 OB8, IO<G8=8= OB;8: 2O ?89;8: 4>=C7 OB8, + :0B53>@890 <0; 2O 3>9C= OB;O@8, AC1<OIAC;;0@K, HO:O@, 4C7 2O O428990B4K@. AB8D04O 548;O6O: OB;O@ 8AB8-1CL;C, A>9C<CH 2O 1O78 I0;;0@40 4>=4C@C;<CH >;0 18;O@. F:AO: :59D899OB;8 I8A;O=<8H OB <OIAC;;0@K 6020= I5920=;0@K= OB8=4O= I07K@;0=K@. AB8D04O >;C=0= 6O<4O98= I8AAO;O@8=4O= 0AK;K >;0@03 1C4 OB8 (>:>@>:), @C;5B;O@ 2O M5=8H G5H844O I8A;O=<8H OB <OIAC;;0@K 8AB5IA0; 548;8@. )8A;O=<8H OB <OIAC;;0@K=K= 8AB5IA0;K 0H0LK40:K B5E=>;>J8 O<O;8990B;0@ F7@O 10H0 G0B4K@K;K@: - E0<<0;K= :59D899OB8=8= 9>E;0=K;<0AK 2O 3O1C;C; - OB 6O<4O:;O@8=8= H0330;0=<0AK 2O OB ?0@G0;0@K=0 (8@8 B8:O;O@O) 4>L@0=K1 ;07K<8 D>@<0=K= 25@8;<OA8; - 4C7;0=<0AK, 8A;04K;<0AK (O22O;6O4O= 4C7;0=<KH OB;O@ 8A;04K;K@); - B5@<8:8 5<0;40= :5G8@8;<OA8; - A>9C4C;<0AK 2O 90 3C@C4C;<0AK; - :59D899OB8=8= 389<OB;O=48@8;<OA8; - 301;0H4K@K;<0AK 2O A0BKH0 25@8;<OA8. /B 6O<4O:;O@8 H0330;0=0@:O= 2O ?0@G0;0@0 4>L@0=0@:O= ;07K< MO;O@AO, 0@BK3 ?89, AF<F:, IO<G8=8= 4O@8 (4>=C7 OB8=4O) :OA8;O@O: 09@K;K@. /B8= 4C7;0=<0AK 4548:4O, >=C= =8B@8B, HO:O@, D>AD0B;0@, 0A:>@18=0B;0@ O;02O >;C=<CH 4C7;0 8H;O=<OA8 10H0 4FHF;F@. C7;0=<0 O<O;8990BK 1C <OIAC;;0@K= :59D899OB8 FGF= OA0A >;4CLC=40= 1O7O= I8A;O=<8H OB <OIAC;;0@K=0 4C7;0=K1-I8A;O=<8H OB <OIAC;;0@K 4598;8@. 100 :3 OBO 5 3-0 3O4O@ =8B@8B, 47 3 0A:>@18= BC@HCAC 2O 90 52 3 =0B@8C< 0A:>@18=0B, 1-2% HO:O@, 300 3 D>AD0B, 0,1-0,15% =0B@8C<-3;FB0<0B O;02O 548;8@. %N@O: 4C7C=C= <8340@K 4C7;0=<0 FAC;C=40= (3C@C, 90H, 30@KHK3 4C7;0<0) 0AK;K >;0@03 12%-4O= 20%-O 3O4O@ MNBF@F;F@. /B8= 4C7;0=<0AK FGF= >?B8<0; B5<?5@0BC@ 2-40!-48@. C7;0=<KH OB8= B5@<8:8 5<0;K 4548:4O I8A;O=<O, 18H8@<O, I8A;O=81-3K70@B<0, I8A;O=81-3>2C@<0 2O A. O<O;8990B;0@ =O7O@4O BCBC;C@. AB8 I8A;O<O 35-450!-4O, A>9C3 I8A;O<O 18-220!-4O 0?0@K;K@. OIAC;C= G5H848=4O= 2O I8A;O<O FAC;C=40= 0AK;K >;0@03 I8A;O<O 6 A00B40= 4 MF=O 3O4O@ 4020< 54O 18;O@. O7O= <OIAC;;0@K (G89 I8A;O=<8H;O@8) 12-150!-4O 75% =8A18 @FBC1OB4O 2-15 MF= 3C@C4C@;0@. 5;O <OIAC;;0@ A0E;0=K;<0L0 4020<;K >;C@. 8H8@8;<8H <OIAC;;0@K 80-950!-4O 4-6,5 A00B <F44OB8=4O 18H8@8@;O@. C 70<0= OB8= :FB;OA8 30-40% 070;K@. /B <OIAC;;0@K=K= 40E8;8 30BK=40 B5<?5@0BC@ 70-720!-9O G0B4K340 18H8@<O 10H0 G0BK@. )07K@ <OIAC;;0@ 8-100!-4O: A>9C4C;C@, BO<87;O=8@, :59D899OB8 9>E;0=K;K1 B0@0;0@0 301;0H4K@K;K@ 2O A0BKH0 25@8;8@. O78 <OIAC;;0@K (:0@1>=0B, 1CJ5=8=0 2O 1C4;0@) 150-2200!-4O 1,5-2 A00B40= 3-5 A00B0 3O4O@ 3K70@4K@;0@. >2@C;0603 <OIAC;;0@ O22O;6O 90L;K BO@OD8 9CE0@K >;<03 HO@B8;O >4 F7O@8=4O 1 A00B 3K74K@K;K@, A>=@0 170-1900!-4O, <OIAC;C= =N2F=4O= (G5H848=4O=) 0AK;K >;0@03 0,5-3 A00B <F44OB8=4O 4>=C7 90LK 8;O 90L;0=<KH B890=;0@40 2O 90 <O6<O98;O@4O 3>2@C;C@. K70@4K;<KH 2O 3>2@C;<CH <OIAC;;0@ 150!-9O 3O4O@ A>9C4C;C@, :59D899OB8 9>E;0=K@, A5;;>D0= 2O 90 ?5@30<5=B :0LK7K=0 1F:F;F@, B0@090 301;0H4K@K;K1 A0BKH0 25@8;8@. !O@D 548;O= OA0A E0<<0;40= 0AK;K >;0@03 I8A;O=<8H OB <OIAC;;0@K 3 B8?O  4>=C7, <0; 2O 3>9C= OB;O@8=4O= I07K@;0=0= <OIAC;;0@0 09@K;K@. "5@<8:8 5<0;K=40= 0AK;K >;0@03 I8A;O=<8H OB <OIAC;;0@K  G89 I8A;O=<8H, I8A;O=81-18H8@8;<8H, I8A;O=81-3K70@4K;<KH, I8A;O=81-3>2@C;<CH, 18H8@8;<8H, 3K70@4K;<KH 2O 3>2@C;<CH >;0 18;O@. )8A;O=<8H OB <OIAC;;0@K=K= G>EC 4>=C7 OB8=4O= I07K@;0=K@. C4 OB8 (>:>@>:)  15:>=;C3 2O OB;8: 4>=C7 6O<4O:;O@8=8= N= 2O 0@E0 1C4;0@K=40= I07K@;0=K@. '89 I8A;O=<8H, I8A;O=81-18H8@8;<8H 2O 18H8@8;<8H 1C4 OB;O@8 8AB5IA0; 548;8@. C;5B I07K@;0<03 FGF= 4C7;0=<KH 1C4;0@ O22O;6O A>9C3 AC40 4-6 A00B 8A;04K;K1 9C9C;C@, 4O@84O= BO<87;O=8@ (1O7O= 4O@8;8 I07K@;0=K@), A>=@0 AF<F:4O= 0704 548;8@. C4C= O7O;O B>EC<0AK C7C=C=0 2-3 I8AAO9O :OA8;8@ 2O >=;0@40= 2-5 :3 :FB;O4O A8;8=4@8: 2O 90 090LK=0 BO@OD 5=A87;OHO= M8@4O20@8 A8;8=4@8: D>@<0;K @C;5B 1F:F;F@. 8G8: 1C4;0@40= 0=603 18@ @C;5B I07K@;0=K@. C;5B;O@ I8A;O=<8H, I8A;O=81-18H8@8;<8H, I8A;O=81-3K70@4K;<KH 2O 18H8@8;<8H >;C@. '89 I8A;O=<8H :F@O: >20;20@8 D>@<040, 2 :3-40= 07 >;<090= :FB;O4O I07K@;0=K@. 0G0 18;O: >9=03;0@K=40= :OA8;81 09@K;K@. >=A8AB5=A890AK 1O@:48@. O@80;BK ?89 BO1O3OA8=8= 30;K=;KLK 1,5 A< >;C@. >@59:0  4O@8A8 A>9C;<0<KH 4>=C7 6O<4O98=8= 0@E0 2O 15; =0I89O;O@8=4O=, AF<F: 2O 4O@8 8;O 4F71C603 D>@<040 1,5 :3-40= 07 >;<090= :FB;O4O I07K@;0=K@. @E0 DO3O@O;O@8 09@K;<KH >;C@. /= =078: 95@8=8= 30;K=;KLK 3 A<-4O= 07, ;0:8= 4 A<-4O= G>E >;<0<0;K4K@. 898= 30;K=;KLK 1 A<-4O= 07 >;<0<0;K4K@. !F<F:AF7 4NH (15:>=)  4>=C7 6O<4O98=8= 4NH-MN1O: =0I89OA8=4O= 4F71C603 D>@<040 1 :3-40= 07 >;<090= :FB;O4O I07K@;0=K@. /= =078: 95@8=8= 30;K=;KLK 2 A<-4O= 07 >;<0<0;K4K@. 898= 30;K=;KLK 1-3 A< 0@0AK=40 >;<0;K4K@. CJ5=8=0 0@E0 1C440=, :0@1>=0B 8AO 0@E0 2O 15; I8AAO=8= O7O;O;O@8=4O= (4O@8A87) I07K@;0=K@. CJ5=8=0 8AB5IA0;K 70<0=K 1C4 OB8 B0<0<8;O AF<F:4O= 09@K;K@, AF<F: GKE0@K;0= 95@O 10H30 OB B8:O;O@8 BKE0=K@, 4O@8A8 A>9C;C@, 4C7 2O A0@K<A03;0 8H;O=8@ (N2:O;O=8@), 286;O E0G20@8 D>@<040 A0@K=K@ 2O 3K70@4K;K@. !>9C4C;4C340= A>=@0 A5;;>D0= 2O 90 ?5@30<5=BO 1F:F;F@. CJ5=8=0 2O :0@1>=0BK= E0@868 AOBI8 3C@C, I0<0@, OB8 2O ?898 4848;<O<8H, G8@:;O=<O<8H, :8DA87 >;<0;K4K@. CJ5=8=0 >20;-408@O28, :0@1>=0B 4N@41C603;K D>@<040 >;C@. CJ5=8=0 3 :3-40=, :0@1>=0B 8AO 1 :3-40= 07 >;<090= :FB;O4O 1C@0EK;K@. 0; OB8=4O= O;0 2O 1-68 A>@B I8A;O=<8H OB <OIAC;;0@K I07K@;0=K@. /;0 A>@B 0@E0 1C440= 0;K=0= 18H8@8;<8H, I8A;O=<8H, I8A;O=81-18H8@8;<8H @C;5B;O@; D>@<040 <0; OB8; 4NH OB8=4O= 0;K=0= 18H8@8;<8H, I8A;O=<8H 2O I8A;O=81-18H8@8;<8H @C;5B;O@, <0; 48;8, I8A;O=<8H 48;, I8A;O=81-18H8@8;<8H 4NH 2O A. <OIAC;;0@ 08448@. >9C= OB8=4O= O;0 2O 1-68 A>@B I8A;O=<8H OB <OIAC;;0@K=40= I8A;O=<8H 2O I8A;O=81-18H8@8;<8H 3>9C= 1C4;0@K, I8A;O=81-18H8@8;<8H 3>9C= @C;5B8, ?O@4O9O 1F:F;<FH B8:O :0101 2O A. I07K@;0=K@. )8A;O=<8H 3>9C= 4NHF 1-68 A>@B;0 1C@0EK;K@. )8A;O=<8H OB <OIAC;;0@K=K= :59D899OB8 :>;10A0 <O<C;0BK=40 >;4CLC :8<8 <FO99O= 548;8@. >=C7 OB8=4O= <OIAC;;0@40 EN@O: 4C7C=C= <8340@K 1,5%-4O= 6%-O 3O4O@48@. 0; OB8=4O= I07K@;0=0= @C;5B8= BO@:818=4O 4C7C= <8340@K 3%-4O=, =8B@8B8= <8340@K 5 <3%-4O= G>E >;<0<0;K4K@. )8A;O=<8H OB <OIAC;;0@K=K BCBC<C 40 :3-40= 0@BK3 >;<090= BO<87, 3C@C, :8DA87 2O :O=0@ 3>EC 25@<O9O= B0EB0, D0=5@, ?>;85B8;5= 2O 48MO@ <0B5@80;;0@40= I07K@;0=0= B0@0;0@0 301;0H4K@K@;0@. )8A;O=<8H OB <OIAC;;0@K 8-120!-4O75% =8A18 @FBC1OB4O, G89 I8A;O=<8H OB <OIAC;;0@K 15 MF=4O=, 18H8@8;<8H, I8A;O=81-18H8@8;<8H, I8A;O=81-3>2@C;<CH 2O 3>2@C;<CH;0@ 5 MF=4O= 0@BK3 A0E;0=<0<0;K4K@. '89 I8A;O=<8H <OIAC;;0@ 40!-4O 30 MF=, -7& -90!-4O 4 090 3O4O@ A0E;0=K;0 18;O@. )8A;O=<8H OB <OIAC;;0@K=K= <0L07040 A0E;0=<0AK 70<0=K 0,28%-4O= 0,7%-O 3O4O@ BO188 8B:8 =>@<0AK 25@8;8@. 9.10. /" ! /  /B :>=A5@2;O@8  BO=O:O, HFHO 2O 90 ?>;8<5@ B0@0;0@0 (10=:0;0@0) 9KLK;0@03 M5@<5B8: 10L;0=K1 110-1200!-4O AB5@8;870A890 >;C=0= OB <OIAC;C4C@. /B :>=A5@2;O@8 9F:AO: 3840;K;K3 4O9O@8, C7C= <F44OB A0E;0=K;<0AK 2O 40HK=<0L0 O;25@8H;8 >;<0AK 8;O DO@3;O=8@. /B :>=A5@2;O@8 :59D899OB8=8 8B8@<O4O= >?B8<0; HO@08B4O 3-4 8; A0E;0=K;0 18;O@. /B :>=A5@2;O@8=4O 50-70% AC, 10-30% 7F;0;, 8-30% 90L, 3,5%-O 3O4O@ <8=5@0; <044O;O@ 20@4K@. /B :>=A5@2;O@8 8AB5IA0;K=40 OA0A E0<<0; :8<8 O:AO@ I5920=;0@K= OB8=4O=, 3CH OB8=4O=, AC1<OIAC;;0@40=, :>;10A0 <O<C;0BK=40=, 90L 2O ?894O=, 30=40=, 4O=;8 2O ?0E;0;K 18B:8;O@4O=, AF4 <OIAC;;0@K=40=; 90@4K<GK 404 2O B0< 25@O= E0<<0; :8<8 EN@O: 4C7C, O428990B;0@, =8B@8B, <FEBO;8D 30B<0;0@ 2O 48MO@ E0<<0;;0@40= 8AB8D04O 548;8@. "0@0 :8<8 O= G>E BO=O:O, HFHO, 0;F<8=8C< O@8=B8;O@8=4O= 2O ?>;8<5@ :FB;O4O= I07K@;0=0= <FEBO;8D IO6<;8 10=:0;0@40= 8AB8D04O 548;8@. AB5IA0; >;C=0= :>=A5@2;O@8= <8340@K=K I5A01;0<03 FGF= (O@B8 10=:0 0=;09KHK=40= 8AB8D04O 548;8@. (O@B8 10=:0 4548:4O 353,4 A<3 IO6<4O, 480<5B@8 102,3 <<, IF=4F@;F9F 8AO 52,8 << >;0= A8;8=4@ D>@<0;K BO=O:O 10=:0 =O7O@4O BCBC;C@. /B :>=A5@2;O@8=8= OA0A 8AB5IA0; B5E=>;>M890AK 0H0LK40:K O<O;8990B;0@K OI0BO 548@: - E0<<0;K= 2O B0@0=K= I07K@;0=<0AK; - @5A5?BC@0 F7@O E0<<0;;0@K= 10=:0;0@0 9KLK;<0AK; - 10=:040= I020=K= GKE0@K;<0AK (20:CC<;0H4K@<0); - 10=:0=K= 30?0LK=K= M5@<5B8: 10L;0=<0AK 2O <0@:0;0=<0AK; - 10=:0=K= M5@<5B8: 10L;0=<0AK=K= 9>E;0=<0AK; - :>=A5@2;O@8= AB5@8;870A890AK; - I07K@ :>=A5@2;O@8= A>@B;0H4K@K;<0AK (3FAC@;C 10=:0;0@K= 09@K;<0AK); - :>=A5@2;O@8= 5B8:5B;OH48@8;<OA8; - B0@090 9KLK;<0AK 2O B0@0=K= <0@:0;0=<0AK. F20D83 3094040 5<0; 548;81 I07K@;0=<KH OB 2O 48MO@ <OIAC;;0@ @5A5?B OA0AK=40 BO=O:O 10=:0;0@0 9KLK;4K340= A>=@0 10=:0=K= 30?0LK <0@:0;0=K@ 2O M5@<5B8: 10L;0=K@. 00@:0;0=<0 30?0LK= 0;B 2O FAB 30?03;0@K=0 7O@1 548;8@. 0=:0=K= 0;B 30?0LK=40 <FOAA8AO=8= B015 >;4CLC =078@;8: 18@ 10H IO@D8 8;O, 702>4C= =N<@OA8 2O I07K@;0=4KLK 8;8= 0EK@K=6K @O3O<8; FAB 30?0LK=0 8AO :>=A5@28= I07K@;0=4KLK =N21O (1, 2 2O 3 @O3O<8 8;O), MF= (01-4O= 31-O 3O4O@), 09  @CA O;8D10AK 8;O  IO@D8=4O= 10H30 1N9F: IO@D;O@;O (<OAO;O=,   90=20@,   D52@0;,   <0@B   0?@5; 2O A.), G5H84 =N<@OA8 7O@1 >;C=C@. OAO;O=, 0;B 30?0340 306, FAB 30?0340 12201 7O@1 >;C=<CHA0, >=40 1C :>=A5@28= <0@:0AK 15;O >EC=C@: /B AO=095A8=8= 30 =N<@O;8 702>4C=40 2006-6K 8;8= 22 0?@5; () 09K=K= 1-68 =N21OA8=4O 18H<8H OB (01) :>=A5@28A8 I07K@;0=<KH4K@. >=A5@2;O@8 G5H848=4O= 0AK;K >;0@03 120-1350!-4O 20-80 4O383O, 1598= 2O 30@0689O@ :>=A5@2;O@8=8 1100!-4O 70 4O383O, OB;8-18B:8;8 :>=A5@2;O@8 1200!-4O 15-20 4O383O AB5@8;870A890 548@;O@. >=A5@2;O@ 370!-4O 10 MF= EFACA8 >B03;0@40 A0E;0=K;K@ 2O 9>E;0=K1 359@8-AB0=40@B :FB;O;8, <OI;C;C 0EK40= 359@8-M5@<5B8:, 45D>@<0A89090 CL@0<KH 2O 10H30 3FAC@;C 10=:0;0@ GKE40H 548;8@. !0BKH0 MN=4O@8;O= OB :>=A5@2;O@8=O 5B8:5B 2C@C;C@. C@040 <FOAA8AO=8= 04K, <OIAC;C= 04K (G5H848), A>@BC, :FB;OA8, AB0=40@B =N<@OA8, HB@8E:>4, 1O78 I0;;0@40 :>=A5@28= BO@:818, A0E;0=K;<0 HO@08B8 2O <F44OB8 3594 >;C=C@. #7C= <F44OB A0E;0=K;0603 :>=A5@2 10=:0;0@K=0 B5E=8:8 2075;8= GO:8;8@, 5B8:5B :0LK7K 95H898= 8GO@8A8=O 3>9C;C@. >=A5@2 10=:0AK 9KLK;0= 95H8:;O@ <FOAA8AO=8= 04K, F=20=K, <OIAC;C= 04K, A>@BC, I07K@;0=4KLK B0@8E, 10=:0;0@K= A09K 2O 18@ 10=:0=K= :FB;OA8=8 MNABO@O= 5B8:5B;O <0@:0;0=K@. /B :>=A5@2;O@8=8= G5H848 200-4O= G>E4C@. /A0A E0<<0;K=40= 0AK;K >;0@03 <0;, 4>=C7, 3>9C= 2O 3CH OB8 :>=A5@2;O@8; @5A5?B8=4O= 0AK;K >;0@03 OB, OB <OIAC;;0@K, OB;8-18B:8;8, AC1<OIAC;;0@, ?89;8-?0E;0;K 2O 48MO@ :>=A5@2;O@; BO98=0BK=40= 0AK;K >;0@03 90@K<D01@8:0B, 1-68 2O 2-68 95<O9O I07K@ >;0=, CH03 2O ?OI@87 95<O98 FGF= :>=A5@2;O@ 8AB5IA0; 548;8@. /B :>=A5@2;O@8 18H8@8;<8H, 3K70@4K;<KH, IO;; 18H8@8;<8H 2O ?@5A;O=<8H 90@K<3@C?;0@0 09@K;K@. 8H8@8;<8H OB :>=A5@2;O@8 <0;, 4>=C7, <0@0; 2O 0B OB8=4O= 338, 350, 475, 500 3 2O 40I0 G>E :FB;O4O I07K@;0=K@. AB5IA0; >;C=0= OB :>=A5@2;O@8=8= 30%-4O= G>EC 1C 90@K<3@C?0 08448@. /;0 2O 1-68 A>@B;0 1C@0EK;K@. /B 2O 90L :>=A5@28= >@B0 I5A01;0 56-58%-=8 BOH:8; 5B<O;848@, 4C7C 1,5%-48@. K70@4K;<KH OB :>=A5@2;O@8 I07K@;04K340 OB O22O;6O 50-60 3 :FB;O4O 4>L@0=K@, 90L40 3K70@4K;K@, 10=:0;0@0 9KLK;K1 (87-89%) F7O@8=O A>L0=;K A>CA 30@KHKLK (11-13%) BN:F;F@. C7C 1-1,5%-48@. /<BOO A>@B;0@K=0 09@K;<K@. )O;; 18H8@8;<8H OB :>=A5@2;O@8 AC O;02O 548;<O:;O O22O;6O4O= ?N@B;O48;<8H OB4O= I07K@;0=K@. !>9C4C340 1C;9>=C J5;59O1O=7O@ :FB;O O<O;O MOB8@8@. /B 2O 90L E0;8A :FB;O=8= 84%-=8, > 6F<;O4O= 90L 12%-=8, 1C;9>= 14%-=8 BOH:8; 548@. %N@O: 4C7C 1,4-1,6%-48@. /B <OIAC;;0@K=40= 0;K=0= :>=A5@2;O@O 4>=C7 90LK=40 A>A8A:0, 1C;9>=40 A>A8A:0, B><0B40 A>A8A:0, :O;O<;O A>A8A:0, 25BG8=0, 1CJ5=8=0, :0@1>=0B, :>;10A0 2O A>A8A:0 389<OA8 2O 48MO@ :>=A5@2;O@ 08448@. O;O<;O A>A8A:0 370 3@0<0 3O4O@ :FB;O4O I07K@;0=K@. >=A5@28= 52%-=8 A>A8A:0 BOH:8; 548@, 150!-4O 1 8; A0E;0<03 >;0@. /B 389<OA8 :>=A5@2;O@8=O  OB :>B;5B;O@8, :FDBO, :>;10A0 389<OA8, A>A8A:0 389<OA8 2O A. 08448@. 2-68 95<O:;O@8= I07K@;0=<0AK=40 8AB8D04O 548;8@. !C1<OIAC;;0@K :>=A5@2;O@8=O J5;54O IO;; 18H8@8;<8H <0;, 3>9C= 2O 4>=C7 48;;O@8, N7 H8@OA8=4O <0;, 3>9C= 2O 4>=C7 48;;O@8, @:B8:0 ?0HB5B8, 0@0689O@ ?0HB5B8, K70@4K;<KH 1598=, K70@4K;<KH 30@0689O@, "><0B A>CAC=40 30@0689O@, .7 H8@OA8=4O 30@0689O@ 2O F@O: :>=A5@2;O@8 08448@. /B;8-18B:8;8 :>=A5@2;O@O  <0:0@>=;0 OB, ;>190, =>EC4 2O 90 <O@68 8;O OB, :0@B>D;0 OB, BO@O2O7 2O 90 90@<0 4>=C7 OB8 8;O 2O 48MO@ :>=A5@2;O@ 08448@. C 90@K<3@C?C= G5H848 G>E4C@. 5BB> :FB;O9O MN@O OB8= 2O 90LK= <8340@K =>@<0;0H4K@K;K@. CH OB8 :>=A5@2;O@8=O  J5;54O B>9CLC= 15; OB8, J5;54O 15GO OB8, N7 H8@OA8=4O N@4O: 2O 90 I8=4B>9CLC OB8, J5;54O B>9C3 OB8 @03CAC, :O;O<;O 3CH OB8, 4F9F 2O 90 30@010H03;0 307 OB8 2O 48MO@ :>=A5@2;O@ 08448@. CH OB8 :>=A5@2;O@8 40% 1C;9>= O;02O 548;<O:;O I07K@;0=K@, 1-68 2O 2-68 EN@O:;O@ FGF= =O7O@4O BCBC;C@. 89;8-?0E;0;K OB :>=A5@2;O@8 ;>190, =>EC4 2O ?0E;040= (A>9040=) <FEBO;8D ?89, B><0B A>FAF 2O OB 1C;9>=C O;02O 548;<O:;O I07K@;0=K@. C :>=A5@2;O@4O 40% ?0E;0;K-4O=;8 18B:8;O@, 40% B><0B A>CAC 2O 90 1C;9>= >;C@. #H03 FGF= OB :>=A5@2;O@8 CH0LK= 90HK=0 <F20D83 >;0@03 3 90@K<3@C?0 09@K;K@: 6 09;K3 FGF= I5<>M5=;OH48@8;<8H 0;KH, 0LK;, !0L;0<;K3 2O #H03 OB :>=A5@2;O@8; 7-8 09;K3 CH03;0@ FGF= ?F@59O1O=7O@ 0;KH>: 2O B5=G8: OB :>=A5@2;O@8; 9-12 09;K3 CH03;0@ FGF= 8@8 EK@40;0=<KH 8; 2O CBC7 :>=A5@2;O@8 8AB5IA0; 548;8@. C :>=A5@2;O@8= 8AB5IA0;K=40 9F:AO: :59D899OB;8 40=0 2O 6020= <0; OB8, 30@0689O@, 1598=, 48; 2O 3CH OB8 8AB8D04O 548;8@. 0D307 :>=A5@2 702>4C=40 FG G5H844O  ;5=4>, !C?5@ !C= 2O $8=0; <0; OB8 :>=A5@2A8A8 I07K@;0=K@. 7O@10960= 5A?C1;8:0AK F40D89O 078@;898=8= EFACA8 A8D0@8H8 8;O 4O 702>440 ?N@B;O48;<8H <0; OB8 :>=A5@28A8 8AB5IA0; 548;8@ 2O >@4C40 E84<OB 54O= OAMO@;O@8= 3840;0=<AK=40 9F:AO: :59D899OB;8 2O 3840;K OB <OIAC;C :8<8 8AB8D04O >;C=C@. OIAC;C= I07K@;0=<0AK 2O AB5@8;87O 548;<OA8 ?@>A5A8 ;<0=89040= 2O "F@:89O4O= MOB8@8;O= B5E=8:0 2O B5E=>;>M890=K= <F0A8@ BO;O1;O@8=O 60201 25@O= 02040=;K3;0@40 IO90B0 :5G8@8;8@. F:AO: AO2899O4O A0=8B0@-M8M895=8: BO;O1;O@O C9LC= 8AB5IA0; 548;O= :>=A5@2;O@ I0;0; <0@:0AK 8;O I07K@;0=K@. >=A5@2;O@ 15 MF= 5:A?548A89040 37>!-4O A0E;0=K;K1 >@30=>;5?B8:8 2O D878:8-:8<9O28 MNABO@868;O@8=O MN@O 702>4C= ;01>@0B>@890AK=40 AB0=40@B F7@O BO4383 548;8@. !>=@0 10=:0;0@ 5B8:5B;O=8@ 2O :0@B>= :0@>1:0;0@0 9KLK;K@. >=A5@2;O@ E0;8A :FB;OA8 230, 325 2O 525 3@0< >;0= BO=O:O 10=:0;0@40 1C@0EK;K@. !O@8= 95@4O A0E;0=K;<0 <F44OB8 3 8;48@. 0; OB8 :>=A5@28A8=8= BO@:818=4O 16,8% 7F;0;, 17% 90L 20@4K@. 100 3@0< <OIAC; 220 ::0; 5=5@J8 25@8@. 0; OB8 :>=A5@28A8 <8=5@0; <044O;O@, O2O7 >;C=<07 0<8=BC@HC;0@K 2O 28B0<8=;O@;O 7O=M8=48@. 8B0<8=;O@4O= 100 3@0< <0; OB8 :>=A5@28A8=4O 0,17 <3 6(?@84>:A8=), 4,00 <3 (=80A8=), 0,15 <3 2(@81>D;028=), 0,02 <3 1(B80<8=) 20@4K@. 8=5@0; <044O;O@8= <8340@K 1,9%-48@, > 6F<;O4O= 1,0% EN@O: 4C7C 20@4K@. 8=5@0; <044O;O@8= BO@:818=4O IO@ 100 3@0< <OIAC; I5A01K 8;O 444 <3 =0B@8C<, 284 <3 :0;8C<, 14 <3 :0;A8C<, 19 <3 <03=578C<, 178 <3 D>AD>@ 2O 2,4 <3 4O<8@ 20@4K@. C 5;5<5=B;O@8= 8=A0= >@30=87<8=8= =>@<0; DO0;899OB8 2O <044O;O@ <F1048;OA8 FGF= D878>;>J8 OIO<899OB8 20@4K@. 0; OB8 :>=A5@28A8=8= BO@:818=4O O2O7>;C=<07 0<8=BC@HC;0@K=K= F<C<8 <8340@K 100 3@0< <OIAC;40 6125 <3-4K@, > 6F<;O4O= 20;8=-1110 <3; 87>;59A8=-598 <3; ;59A8=-1137 <3; ;878=-1363 <3; <5B8>=8=-393 <3; B@8?B>D0=-612 <3; B@5>=8=-279 <3; D5=8;0;0=8=-603 <3-4K@. C 0<8=BC@HC;0@K=K= 8=A0= >@30=87<8 FGF= D878>;>J8 OIO<899OB8 20@4K@ 2O MF=4O;8: 3840=K= BO@:818=4O <FB;O3 >;<0;K4K@. /2O7>;C=0= 0<8=BC@HC;0@K=K= F<C<8 <8340@K 9351 <3-4K@, > 6F<;O4O= 0;0=8=-930 <3; 0@M8=8=-918 <3; 0A?0@0M8= BC@HCAC-1234 <3; M8AB848=-650 <3; 3;8A8=-902 <3; 3;FB0<8= BC@HCAC-2317 <3; >:A8?@>;8=-259 <3; ?@>;8=-858 <3; A5@8=-613 <3; B8@>78=-449 <3; A8AB8=-221<3-4K@. 0; OB8 :>=A5@28A8=4O:8 F<C<8 7F;0;K= 15476 <3-K, 10H30 AN7;O 15,5%-8 <FEBO;8D 0<8=BC@HC;0@K=40= 810@OB48@. 0; OB8 :>=A5@28A8=8= :59D899B8 !" 5284-O C9LC=4C@. "O@:818=4O 8=A0= A0L;0<;KLK FGF= 7O@O@;8 >;0= I5G 18@ <044O 2O 30B<0 9>E4C@. !>= 70<0=;0@ 0D307 :>=A5@2 702>4C=40 OB 2O OB <OIAC;;0@K=40= "><0B;K 48;, (O:8 ?8B8A8 2O 48MO@ OB :>=A5@2;O@8 8AB5IA0; >;C=C@. C :>=A5@2;O@8= 8AB5IA0;K=40 9F:AO: :59D899OB;8 <0; 48;8=4O=, 3>9C= OB8=4O= 2O 3>9C= 90LK=40=, 18B:8 90LK=40=, A>L0=, =>EC4, H010;K4, M020;K 3C@CAC, B><0B ?0AB0, HO:O@, 4C7, 4OD=O 90@?0LK, 30@0 8AB8>B 2O 48MO@ E0<<0;;0@40= 8AB8D04O >;C=C@. C :>=A5@2;O@ $8=0; <0@:0AK 0;BK=40 I0;0; 452878 8;O 8AB5IA0; 548;8@. "><0B;K 48; I07K@;0<03 FGF= <0; 48;8 O22O;6O 309=090= AC40 ?N@BF;F@, A>9C3 AC90 A0;K=K1 48;8= 301KLK(0L @O=M;8 4O@8 ?O@4OA8) A>9C;C@, G>E 40 8@8 >;<090= B8:O;O@O 4>L@0=K;K@. &7O@8=O EK@40 4>L@0=K;<KH A>L0=, B><0B ?0AB0, 18B:8 90LK, HO:O@, 4C7, 8AB8>B 2O 4OD=O 90@?0LK O;02O 548;8@. !>L0=K= 18@ I8AAOA8=8 90L40 3K70@4K1 O;02O 5B48:4O 48; :>=A5@28A8=8= 404K 18@ 3O4O@ 4O 90EHK;0HK@. %0;8A :FB;OA8 325 3@0< >;0= BO=O:O 10=:0;0@0 9KLK;K@, I020AK7;0H4K@K;K1 :8? 10L;0=K@, 120>!-4O 80-90 4O383O AB5@8;87O 548;8@. F:AO: B5<?5@0BC@C= BOA8@8=4O= AB5@8;87O =OB86OA8=4O 48; 18H81 8AB5I;0:0 I07K@ >;C@. "><0B;K 48; :>=A5@28A8=4O 48;8= 2O 90LK= <8340@K 77%-O 3O4O@, EN@O: 4C7C 1,2-2,0% >;C@. "><0B;K 48; :>=A5@28A8=8= 100 3@0<K=40 13,5 3@0< 7F;0;, 12 3@0< 90L 20@4K@. 100 3@0< <OIAC; 177 ::0; 5=5@J8 25@8@. 59D899OB8 !" 7993-90 C9LC=4C@. "O@:818=4O =0B@8C<-=8B@8B8= <8340@K 0,008%-4O= G>E >;<0<0;K4K@. :>;>J8 BO<87;8: MNABO@868;O@8 B8118-18>;>J8 BO;O10B0 2O A0=8B0@-M8M895=8: =>@<0;0@K=0 C9LC=4C@. 594 5B<O: ;07K<4K@ :8, 48; :>=A5@28A8 O2O7548;<O7 0<8=BC@HC;0@K 8;O 7O=M8=48@. 100 3@0<40 5146 <3 O2O7548;<O7 0<8=BC@HC;0@K, > 6F<;O4O= 738 <3 20;8=, 583 <3 87>;59A8=, 933 <3 ;59A8=, 1194 <3 ;878=, 292 <3 <5B8>=8=, 619 <3 B@5>=8=, 131 <3 B@8?B>D0= 2O 656 <3 D5=8;0;0=8= 20@4K@. /2O7>;C=0= 0<8=BC@HC;0@K=K= <8340@K 8354 <3-4K@. -N@F=4F9F :8<8 "><0B;K 48; :>=A5@2A8A8 18>;>J8 6OIOB4O= 9F:AO: 3840;K <OIAC;4C@ 2O 1C :>=A5@284O= IO< D878:8 2O IO< 4O 75I=8 O<O:;O <OHLC; >;0= 8=A0=;0@ 8AB8D04O 54O 18;O@. (O:8 ?8B8A8 :>=A5@28A8 I07K@;04K340 AF<F:AF7 90L;K 3>9C= OB8=4O= 8AB8D04O 548;8@. /B 109B0@ =O70@OB8=4O= :5G8@8;8@, AF<F:4O= 0704 548;8@ 2O IO@ ?09 FGF= 3-4 B8:O (> 6F<;O4O= 18@ B8:O 3>9C= 3C9@CLC) OB MNBF@F;F@. 0EHK >;0@ :8, OB O22O;6O4O= AC40 ?N@B;O48;81 :OD8 0;K=AK=. %0;8A :FB;OA8 325 3@0< >;0= BO=O:O 10=:090 OB B8:O;O@8, O22O;6O4O= 8A;04K;<KH =>EC4 (=CB), EK@40 4>L@0=K;<KH A>L0=, 309=0@ AC40 ?N@B;O48;81 301K340= BO<87;O=<8H 2-3 O4O4 H010;K4, 1-2 O4O4 A0@K M020;K 2O 90 A0@K 0;G0 3C@CAC 2O 4C7 O;02O 548;8@. 0=:090 OB ?N@B;O48;O= 1C;9>=40=(OB IO;8<8=4O=) 2O 3C9@C3 90LK(OMO@ B8:O 3>9C= 3C9@CLC O;02O 548;<O981AO) O;02O 548;8@, I020AK7 HO@08B4O :8? 10L;0=K@ 2O 120>!-4O 80-90 4O383O AB5@8;87O 548;8@. %N@O: 4C7C=C= <8340@K 1,3% >;<0;K4K@. 100 3@0< I07K@ <OIAC;40 16,5 3@0< 7F;0;, 14 3@0< 90L 20@4K@. 100 3@0< <OIAC; 236 ::0; 5=5@J8 25@8@. 59D899OB8 !":! 126-2005-O C9LC= >;<0;K4K@. :>;>J8 BO<87;8: MNABO@868;O@8 B8118-18>;>J8 BO;O10B0 2O A0=8B0@-M8M895=8: =>@<0;0@K=0 C9LC=4C@. C :>=A5@28=8= 18@ 10=:0AK =0I0@ 95<O98 70<0=K 18@ =ODO@8= 3840;0=<0AK FGF= :8D09OB48@. "O@8:18=4O 7F;0;;0 7O=M8= OB, =>EC4 2O H010;K4 >;4CLC=40= 18>;>J8 6OIOB4O= B0< 4O9O@;8 3840 <OIAC;C I5A01 548;8@. 0D307 :>=A5@2 702>4C=40 OB <OIAC;;0@K=40= %0H, "><0B;K OB 1>70@B<0AK, "0A :0101 :8<8 OB :>=A5@2;O@8 4O I07K@;0=K@. >=A5@2;O@8= :59D899OB8 9>E;0=0@:O= >@30=>;5?B8:8, D878:8-:8<9O28 2O HF1IO;8 I0;;0@40 10:B5@8>;>J8 BOI;8;;O@ 0?0@K;K@. >=A5@2;O@ 3O1C; 548;O@:O= 95H8:;O@8= A09K=0, D878:8 1@CBB> :FB;OA8=O, <0@:0;0=<090 OA0AO= 10=:0;0@K= A09K=0, 10=:0;0@K= 70I8@8 MN@F=FHF=O, 5B8:5B 2O <0@:0;0=<090, IO<G8=8= 10=:0=K= AOBI8=4O =O7O@O G0@?0= 3FAC@;0@0 D8:8@ 25@8;8@. @30=>;5?B8:8 FAC;;0 :>=A5@2;O@8= 404K, 898, 70I8@8 MN@F=FHF 2O :>=A8AB5=A890AK <FO99O= 548;8@. /MO@ :>=A5@24O 1C;9>= >;0@A0, >=C= @O=M8 2O HODD0D;KLK 9>E;0=K;K@. %0@868 MN@F=FHF 9>E;0=0@:O= OB B8:O;O@8=8= N;GFAF=O 2O 10=:090 9KLK;<0AK=0 D8:8@ 25@8;8@. $878:8-:8<9O28 FAC;;0 OB 2O 90LK= =5BB> :FB;O9O MN@O D087;O <8340@K, EN@O: 4C7C=C=, 1C;9>=C=, =8B@8B;O@8=, F<C<8 D>AD>@C=, 3C@C <044O;O@8=, 0LK@ <5B0; 4C7;0@K=K= (3C@LCHC=, <8A, 30;09 2O A8=:) <8340@K, F<C<8 2O 0:B82 BC@HC;C3 BO98= 548;8@. >=A5@2;O@4O 9>; 25@8;<O9O= =N3A0=;0@0 1><10J, FAB 2O 0;B 30?0LK= HK33K;40<0AK, 30@0 ;O:O, 10=:0=K= 0E<0AK, 3K@KH<KH 2O <5E0=8:8 7O4O;O=<8H 10=:0;0@ 084 548;8@. ><10J <8:@>18>;>J8, :8<9O28 2O D878:8 >;0 18;O@. 8:@>18>;>J8 1><10J =OB86OA8=4O <8:@>>@30=87<;O@ <OIAC;C= F728 <044O;O@8=8 ?0@G0;09@K, O<O;O MO;O= 0<<80:, :0@1>= 307K, :F:F@4 307K 2O 07>B 40E8;4O BO7983 90@040@03 10=:0=K= FAB 2O 0;B 30?0LK=K H8H8@48@. 5;O =N3A0=;K :>=A5@2;O@ 3840 FGF= 90@0@AK74K@. 8<9O28 1><10J <OIAC;40:K BC@HC;0@K= BO=O:O 10=:0=K= <5B0;K 8;O @50:A89090 M8@81 I84@>M5= 09K@<0AK =OB86OA8=4O 10H 25@8@. C 70<0= <OIAC;0 30;09, 4O<8@ 2O IOBB0 3C@LCHC= 40 :5G8@. 5;O :>=A5@2;O@8= BO98=0BK 2O I0=AK <O3AO4;O@ FGF= 8AB8D04O >;C=<0AK, <F20D83 BOH:8;0B;0@ BO@OD8=4O= 9>E;0=4K340= A>=@0 <FO99O= 548;8@. $878:8 1><10J0, 10=:090 0H0LK B5<?5@0BC@;C <OIAC;C= 9KLK;<0AK, 10=:0=K= :OA:8= 45D>@<0A89090 CL@0<0AK, <OIAC;C= 4>=<0AK, BO=O:O 10=:0=K= ?0A;0=<0AK 2O A. AO1O1 >;C@. 5;O :>=A5@2;O@ A0=8B0@890 =O70@OB8=4O= :5G8@8;48:4O= A>=@0 8AB8D04O >;C=0 18;O@. /B :>=A5@2;O@8=8 0-50!-4O 75% =8A18 @FBC1OB4O A0E;0<03 ;07K<4K@. 0L070;0@40 :>=A5@2;O@8 3C@C, I020 6O@O90=K 90EHK >;0= 95@;O@4O 0-200!-4O, 75% =8A18 @FBC1OB4O A0E;0<03 >;0@. "5<?5@0BC@C =870<;0=0= 0=10@;0@40 ;0:;0=<KH 10=:0;0@40 OB :>=A5@2;O@8=8 5 8;, ;0:;0=<0<KH 10=:0;0@40 3-4 8;; B5<?5@0BC@C BO=78<;O=<O9O= 0=10@;0@40 C9LC= >;0@03 4 8; 2O 2-3 8; A0E;0<03 <F<:F=4F@. "860@OB <FOAA8AO;O@8=8= 0=10@;0@K=40 2O <0L070;0@40 OB :>=A5@2;O@8=8 1 8;4O= G>E A0E;0<03 <OA;OIOB MN@F;<F@. 9.11. '/-&&&( /" / /"  +$ " + 'O:8;81-1F:F;<FH OB  <FEBO;8D OB 6O<4O:;O@8=8= 1C 2O 90 48MO@ 0=0B><8: =0I89O;O@8=8= <FEBO;8D :FB;O4O 4>L@0=K1 GO:8;81-1F:F;<FH I8AAO;O@8=4O= 810@OB, ?O@0:O=4O B860@OB4O O4O48 <0; :8<8 A0BK;0= <OIAC;4C@. F22O4O >;0= AB0=40@B;0@0 OA0AO= GO:8;81-1F:F;<FH OB + 2O ++ :0B53>@890 <0;, 40=0, 3>9C=, :5G8, 4>=C7 OB;O@8=4O= (A>9C4C;<CH, 1O7O= 4>=4C@C;<CH) 8AB5IA0; 548;8@. CL0, :O;, 0EB0;0=<0<KH 5@:O: 4>=C7, 5;O6O 4O AOBI8=8= @O=M8 4O98H<8H 2O 4>=C 0GK;<KH OB;O@4O= 8AB8D04O 548;<OA8=O 8607O 25@8;<8@. O<4O:;O@ <F20D83 AE5<;O@ F7@O AB0=40@B0 OA0AO= 4>L@0=K;K@. '0;KH<03 ;07K<4K@ :8, AF<F: B>EC<0AK OB B8:O;O@8 0@0AK=40 1O@01O@ ?09;0=AK=. !F<F:, GO:8;81-1F:F;<FH OB :FB;OA8=8= 20-25%-4O= 0@BK3 >;<0<0;K4K@. /B B8:O;O@8 150, 500 2O 1000 3@0< :FB;O4O GO:8;81-1F:F;F@. FB;OA8=8 =>@<090 G0B4K@<03 FGF= 8:84O= 0@BK3 EK@40 OB B8:OA8=8= O;02O 548;<OA8=O 9>; 25@8;<8@. 'O:8;81-1F:F;<FH OB8= :FB;OA8=4O DO@3 (1%-4O= 0@BK3 >;<0<0;K4K@. 'O:8;<8H ?09;0@ A5;;>D0=0 2O 90 ?>;85B8;5= :8AO;O@O 9KLK;K@ 2O 90 1F:F;F@. 0L;0<090 2C@C;<CH 90@;K:40 <FOAA8AO=8= 04K, OB8= =N2F, :0B53>@890AK 2O A>@BC, :FB;OA8, 1F:F;4F9F B0@8E 2O A00B, 1F:F6F=F= =N<@OA8, AB0=40@BK= =N<@OA8 3594 >;C=C@. 'O:8;81-1F:F;<FH OB 10L;0<0;0@K 20 :3-40= 0@BK3 >;<0<03 HO@B8;O ?>;8<5@, B0EB0, <5B0; 2O :0@B>= 95H8:;O@O 301;0H4K@K;K@. 'O:8;81-1F:F;<FH OB8 2-80!-4O, 85% =8A18 @FBC1OB4O, 4>=4C@C;<CH OB4O= I07K@;0=0=;0@K 8AO -80!-4O A0E;0<03 ;07K<4K@. !0BKH <F44OB8 OB8= 1F:F;<OA8 2O <0@:0;0=<0AK 10H0 G0B4K340= A>=@0 36 A00B4K@. /B 90@K<D01@8:0B;0@K. AB8D04O >;C=4CLC OB8= =N2F=O MN@O <0; OB8, 3>9C= OB8, 60<KH OB8, 4>=C7 OB8 2O 3CH OB8 90@K<D01@8:0B;0@K; 5<0; FAC;C=0 MN@O BO188, C@20;0=<KH, =0@K=;0H4K@K;<KH, 4FH1O@O 2O OB 389<OA8 90@K<D01@8:0B;0@K; B5@<8:8 2O7899OB8=O MN@O A>9C4C;<CH 2O 4>=4C@C;<CH; BO98=0BK=0 MN@O 4C@C 2O 3C@C EN@O:;O@ FGF= 90@K<D01@8:0B;0@ 8AB5IA0; 548;8@. "O188 OB 90@K<D01@8:0B;0@K EK@40B8:O, 8@8B8:O 2O ?09;0@ HO:;8=4O I07K@;0=K@. %K@40B8:O OB 90@K<D01@8:0B;0@K=0 07C, 15DAB@>30=>2, 3C;90H, :0101;K3 OB, 1>70@B<0, E0@G> FGF= 4NH OB8, H>@10 9KLK<K, 0HE0=0 9KLK<K, ?;>2 FGF= OB, 3>9C= OB8=4O= @03C, AF<F:AF7 3>9C= OB8 2O A. 08448@. 7C  0@E0 2O 1C4C= E0@868 BO@OD8=4O= 3-4 A< N;GF4O O7O;O B>EC<0;0@K=0 ?5@?5=48:C;90@ >;<03;0 10-15 3 :FB;O4O :OA8;<8H EK@40 OB B8:O;O@848@, 250 2O 500 3 :FB;O4O A0BKH0 25@8;8@. 5DAB@>30=>2  ><10-<0G0 2O 60= OB8=4O= 3-4 A< N;GF4O O7O;O B>EC<0;0@K=0 ?5@?5=48:C;90@ >;<03;0 5-10 3 :FB;O4O C7C=A>2 :OA8;<8H EK@40 OB B8:O;O@848@. 125, 250 2O 500 3 :FB;O4O A0BKH0 25@8;8@. C;90H  301K@L0FABF 2O :F@O: =0I89O;O@8=4O= 20-30 3 :FB;O4O (90L;K;KLK 10%-4O= G>E >;<0<0;K4K@) :C1 HO:;8=4O 4>L@0=K;<KH OB B8:O;O@848@. 125, 250 2O 500 3 :FB;O4O A0BKH0 25@8;8@. 0101;K3 OB  <0;K= 60= OB8=4O= 2O 3>9C=C= :F@O:, 15; 2O 1C4 =0I89OA8=4O= 20-40 3 :FB;O4O :OA8;<8H OB B8:O;O@848@. 250 2O 500 3 :FB;O4O A0BKH0 25@8;8@. (>@10 9KLK<K  6O<4O98= 1>9C=, 15;, 3C9@C3 2O 4NH =0I89O;O@8=4O= 100-200 3 :OA8;81 MNBF@F;O= OB;8-AF<F:;F B8:O;O@48@. )O@ 18@ B8:O4O OB 2O AF<F: BOE<8=O= 1O@01O@ <8340@40 >;C@. 500 2O 1000 3 :FB;O4O 1F:F;<FH I0;40 A0BKH0 1C@0EK;K@. HE0=0 9KLK<K  H>@10 9KLK<K :8<8 I07K@;0=K@, ;0:8= 1C@040 9C<H03 I8AAO=8= <8340@K 30% >;C@. 03C  OA0AO= 3>9C=C= 4NH OB8=4O=, B8:O;O@8 30-40 3 >;<03;0 I07K@;0=K@. /B 2O 90L 50%, AF<F: 50% BOH:8; 5B<O;848@. 500 2O 1000 3 :FB;O4O GO:8;81-1F:F;F@. @8B8:O BO188 OB 90@K<D01@8:0B;0@K 6O<4O98= 1C4, :F@O:, 4NH 2O 15; =0I89O;O@8=8= 9C<H03 I8AAO;O@8=4O= :OA8;O=, =8A1OBO= 8@8 OB B8:O;O@8=4O= 810@OB48@. 0; OB8=4O=  60= OB8, :>B;5B OB8, :F@O: OB8, 4NH OB8, 15; OB8 2O 48MO@ 04;0@40 8@8B8:O OB 90@K<D01@8:0B;0@K I07K@;0=K@. 0= OB8  0@E0 2O 15; DO3O@O;O@8=8= 40E8;8 I8AAOA8=4O:8 OB8 :OA81, HO=48@ 2O 90L40= BO<87;O<O:;O 0;K=K@. >B;5B OB8  3010 18@;OH48@868 B>EC<0;0@40=, 30=GK@40=, HO=48@4O=, 3KLK@40340= BO<87;O=<8H <FEBO;D8 N;GF4O 2O :FB;O4O 1>9C= 2O <890=BO=M B8:O;O@8=4O= 810@OB48@. "O@:818=4O 90L 10%-4O= 2O 18@;OH48@868 B>EC<0 10%-4O= G>E >;<0<0;K4K@. NH OB8  6O<4O98= 301K@L0 =0I89OA8=4O= 4NH AF<F9F=F 2O <890=BO=M8 09K@<03;0 0;K=K@. 09 (?>@A890) I0;K=40 I07K@;0=0= OB 90@K<D01@8:0B;0@K  6O<4O98= O= 4O9O@;8 I8AAO;O@8=4O= 0;K=K@. 0; OB8=4O= 0=B@5:>B, 18DHB5:A, 4CE>2:0 OB8, 60= OB8 04;0@K=40 90@K<901@8:0B;0@ 8AB5IA0; 548;8@. =B@5:>B OB8  :F@O: 2O 15; =0I89O;O@8=4O= 0;K=0= 40@BK;<KH >20; D>@<0;K 9C<H03 OB B8:O;O@8=4O= 810@OB48@. 0;K=;KLK 1,5-2 A<, :FB;OA8 125 3 >;C@. 8DHB5:A OB8  30;K=;KLK 2-3 A<, :FB;OA8 125 3 >;0= >20; D>@<0;K 9C<H03 B8:O;O@4O= 810@OB48@. A:0;>?  3>9C= 6O<4O98=8= 0@E0 2O 15; =0I89O;O@8=4O= 0;K=0= 1-1,5 A< 30;K=;K340, >20;20@8, 2 1O@01O@N;GF;F 2O :FB;O;8 OB B8:O;O@8=4O= 810@OB48@. FB;OA8 125 3 >;C@. 0=M5B  90LAK7, 30;K=;KLK 1-1,2 A<, :FB;OA8 125 3 >;0= 408@O28 D>@<0;K, 2 1O@01O@N;GF;F 2O 1O@01O@:FB;O;8 60= OB8 B8:O;O@848@. >9C= OB8=4O= BO188 :>B;5B, 5A:0;>?, B8:O:0101 2O 10H30 G5H844O, ?09 I0;K=40 BO188 OB 90@K<D01@8:0B;0@K I07K@;0=K@. "O188 :>B;5B (H=8BA5;) I07K@;0<03 FGF= 3>9C= OB8=8= 9C<H03 I8AAOA8=4O= 2-3 A< 30;K=;KLK=40, 125 3 :FB;O4O OB B8:O;O@8 :OA8;8@. C=;0@ 18H8@8;O= 70<0= B0EB0 GO:86;O 4N9O6;O=8@. #@20;0=<KH OB 90@K<D01@8:0B;0@K ?09 I0;K=40 >;0= OB 90@K<D01@8:0B;0@K I07K@;0=0= E0<<0;;0@40= 810@OB >;C@. 0:8= OB B8:O;O@8 O22O;6O 4N9O6;O=O@O: 9C<H0;4K;K@, A>=@0 G0;K=<KH 9C<C@B040 8A;04K;K@ 2O GN@O: ACE0@8A8 >2C=BCAC=40 C@20;0=K@. 5;O 5B48:4O 9C<C@B0 B5@<8:8 5<0; 70<0=K =078: BO1O3O O<O;O MOB8@8@ 2O OB8= BO@:818=4O:8 H8@O=8= 09@K;<0AK=K= 30@HKAK 0;K=K@. OB86O4O 404;K, 9C<H03 2O H8@O;8 <O<C;0B I07K@;0<03 <F<:F= >;C@. 125 3 :FB;OA8 >;0= OB 90@K<D01@8:0BK=40 110 3 E0;8A OB, 4 3 9C<C@B0, 11 3 ACE0@8 >;C@. #@20;0=<KH 18DHB5:A, @><HB5:A, 90ABK :>B;5B 2O H=8BA5; 40I0 G>E I07K@;0=K@. 0@K=;0H4K@K;<KH OB 90@K<D01@8:0B;0@K I07K@;0<03 FGF= @5A5?B F7@O MNBF@F;<FH OB, ?89, A>L0=, 8A;04K;<KH GN@O: OB <0HK=K=40= :5G8@8;8@, F7O@8=O 9C<C@B0, 4C7 2O O428990B O;02O 548;81 90EHK60 30@KH4K@K;K@, 1O78 G5H844O C@20;0=K@, ?09 I0;K=40 50-100 3 :FB;O4O D>@<0;0=K@. 0; 2O 3>9C= OB;O@8=4O= I07K@;0=0= H=8BA5;, IO2OA:0@ :>B;5B8, >A:20 :>B;5B8, 8952 :>B;5B8, 52 :>B;5B8, B5DB5;, ;F;O:0101, <O:BO1;8 :>B;5B8 2O A. G5H844O =0@K=;0H4K@K;<KH OB 90@K<D01@8:0B;0@K A0BKH0 1C@0EK;K@. ><HB5:A  <0; 6O<4O98=8= 0@E0 2O 15; =0I89O;O@8=4O= :OA8;8@. C<H0;<0AK FGF= IO@ 8:8 BO@OD4O= 0706K3 4N9O6;O=8@ 2O 9C<C@B0 G0;K=BKAK=0 A0;K=K1 C@20;0=K@. C<C@B0 :FB;OA8 10 3 AC90 1 O4O4 9C<C@B0 2O 1 3 4C7 30BK;<03;0 I07K@;0=K@. 8DHB5:A  I07K@;0<03 FGF= <0;K= 60= OB8 2O 90 :>B;5B;8: OB8 3E3 << N;GF4O =0@K=;0H4K@K;K@, 4C7 2O 8AB8>B 30BK;K1 30@KH4K@K;K@, 75, 100 2O 250 3 :FB;O4O ?09;0@0 1N;F=F@. !>9C4C;<CH 2O 4>=4C@C;<CH I0;40 1C@0EK;K@. FDBO  I07K@;0<03 FGF= OB 2O A>L0= OBGO:O= <0HK=40 =0@K=;0H4K@K;K@, :FB;O9O 5% 4F9F, 1% 9C<C@B0 O;02O 548;81, IO@ ?090 2 O4O4 >;<03;0 9C<@C :FDBO;O@ 4F7O;48;8@. 8@ O4O48=8= :FB;OA8 30 3@0<4K@. >A:20 :>B;5B8  I07K@;0<03 FGF= 50% <0; 6O<4O98=4O= 0;K=0= :>B;5B;8: OB, 14% GN@O:, 9% <0; ?898, 1% A>L0=, 25% AC 2O 1% 4C7 MNBF@F;F@. 0@K=;0H4K@K;K@, 4C7, 8AB8>B 2C@C;C1 30@KH4K@K;K@, 50 2O 100 3 :FB;O4O ?09 HO:;8=4O C@20;0=0@03 D>@<0;0=K@. ">9C3 OB8=4O= BO188 90@K<D01@8:0B;0@  6F6O-B010:0, IO2OA:0@ 6F6OA8, B>9C3 IO;8<8 FGF= 9KLK<, IO;<OH8: FGF= 9KLK<, @03C FGF= 9KLK< 2O A. I07K@;0=K@. ">9C3 H>@10 9KLK<K FGF= 60% BO<87;O=<8H B>9C3 10HK 2O 40% B>9C3 090LK MNBF@F;F@. )O;<OH8: FGF= 9KLK<40 40% B>9C3 10HK, 20% B>9C3 090LK, 20% F@O: 2O <O4O, 20% 1>L07 2O 30=04 >;C@. 03C FGF= 9KLK<K= BO@:818=4O 50% F@O: 2O <O4O, 50% 1>L07 2O 30=04 >;C@. N9O6;O=<8H B>9C3 :>B;5B8=8 B>9CLC= 4NH I8AAOA8=4O= 90 3 :FB;O4O :OA81 EFACA8 >;0@03 I07K@;09K@, C= I>@@0AK=0 10BK@K1 C@20;09K@;0@, IO@ ?09K= :FB;OA8 100 3-4K@. ">9C3 OB8=4O= =0@K=;0H4K@K;<KH 90@K<D01@8:0B;0@40= )O2OA:0@ B>9C3 :>B;5B8, CH03 FGF= B>9C3 18B>G:8A8, <O:BO1;8 B>9C3 :>B;5B8, C@20;0=<KH 90@K<D01@8:0B;0@40= 8AO 4N9O6;O=<8H B>9C3 :>B;5B8=8 MNABO@<O: >;0@. FH1O@O  I07K@;0<03 FGF= OA0A E0<<0;;0@ OB (52-57%), 1CL40 C=C (35-38%), 9C<C@B0 (2-4%), 10H A>L0= (3-7%), 4C7, 8AB8>B4C@. /22O;6O OB 2O A>L0= OBGO:O= <0HK=40= :5G8@8;8@, 4C7 2O 8AB8>B 30BK;K1 90EHK60 30@KH4K@K;K@. #=0 4C7, 9C<C@B0 30BK;K1 EO<8@ 9>L@C;C@ 2O O= 07K 20 4O383O4O= A>=@0 02B><0B;0@40 EO<8@ 909K;K@, 389<O;O=8@ 2O 02B><0B8: >;0@03 1F:F;F@. >=4C@C;C1 301;0H4K@K;K@. O@0:O=4O B860@OBO 3CBC;0@40 350, 500 2O 1000 3 :FB;O4O GO:8;81 301;0H4K@K;0@03 1C@0EK;K@. /B8= =N2F=4O= 2O A>@BC=40=, C=C= A>@BC=40= 2O I07K@;0=<0 @5A5?B8=4O= 0AK;K >;0@03 0:K 4FH1O@OA8, CA 4FH1O@OA8, >A:20 4FH1O@OA8, 1-68 A>@B <0; OB8 4FH1O@OA8, >9C= OB8 4FH1O@OA8 8AB5IA0; 548;8@. /B 389<OA8=8 I07K@;0<03 FGF= AF<F:4O=, 40<0@;0@40=, HO=48@;O@4O= 2O 3010 18@;OH48@868 B>EC<0;0@40= BO<87;O=<8H OB B8:O;O@8, OBGO:O= <0HK=40= :5G8@8;8@. %0<<0;K=40= 0AK;K >;0@03 <0;, 3>9C= OB8=4O= OB 389<OA8, 18DHB5:A FGF= 389<O 2O A. 04;0@40 1C@0EK;K@. "5@<8:8 2O7899OB8=4O= 0AK;K >;0@03 A>9C4C;<CH 2O 4>=4C@C;<CH OB 389<OA8 >;C@. /B 389<OA8 250, 500 2O 1000 3 :FB;O4O GO:8;81-1F:F;<FH I0;40 A0BKH0 25@8;8@. /B 90@K<D01@8:0B;0@K=K= :59D899OB8 E0@868 MN@F=FHF=O, :>=A8AB5=A890AK=0, 404K 2O 898=O MN@O <FO99O= 548;8@. $878:8-:8<9O28 FAC;;0 =O<;898, GN@O98= (=0@K=;0H4K@K;<KH 2O C@20;0=<KH;0@40) 2O 4C7C= <8340@K <FO99O= 548;8@. /B 90@K<D01@8:0B;0@K=40 :>1C4 18@;OH48@868 B>EC<0;0@K= (0HE0=0 2O H>@10 9KLK<K=40= 10H30), 40<0@, ?O@4O 2O 3KLK@40LK= >;<0AK=0 9>; 25@8;<8@. 03C40 AF<F: 20%-4O= G>E, 90L 15%-4O= 07 >;<0<0;K4K@. 0101 2O ?;>2 FGF= OB4O 90L 15%-4O=, H>@10 9KLK<K=40 AF<F: 50%-4O= G>E >;<0<0;K4K@. #@20;0=<KH <O<C;0B;0@ 90ABK, :O=0@;0@K 4F7 2O 59=8 1O@01O@4O EK@40;0=<KH GN@O: ACE0@8A8 >2C=BCAC 8;O N@BF;<O;848@. >=4C@C;<CH 4FH1O@O 4F7MF= 90@K<408@O28 D>@<040, :O=0@;0@K 18@;OH<8H, 389<OA8 :O=0@0 GKE<0<KH >;<0;K4K@. %O<8@ 4FH1O@O :FB;OA8=8= 50%-4O= G>EC=C BOH:8; 5B<O<O;848@. 0@K=;0H4K@K;<KH 90@K<D01@8:0B;0@40 AC9C= <8340@K 65-68%, GN@O98= <8340@K 14-20%, 4C7 1,2-1,5%-48@. "O188 2O C@20;0=<KH O4O48 90@K<D01@8:0B;0@40 (3%, =0@K=;0H4K@K;<KH;0@40 (5%-4O= G>E :O=0@;0H<0 >;<0<0;K4K@. 10 O4O48= :FB;OA8=4O DO@38= >;<0AK=0 9>; 25@8;<8@. 8@ O4O4 4FH1O@O=8= :FB;OA8 12-13 3 >;<0;K, >=C= 40 50%-=8 389<OA8 BOH:8; 5B<O;848@. 350 2O 500 3-;K3 4FH1O@O 3CBC;0@K=40 :FB;O DO@38 (7%-4O= 0@BK3 >;<0<0;K4K@. /B 90@K<901@8:0B;0@K=K B0EB0, <5B0; 2O ?>;8<5@ <0B5@80;40= 95H8:;O@O 20 :3-40= G>E >;<0<03 HO@B8;O 301;0H4K@K@;0@. /4O48 90@K<D01@8:0B;0@ 5-10 O4O4 >;<03;0 ?5@30<5=B, ?>4?5@30<5=B, A5;;>D0= 2O ?>;8<5@ ?O@4O;O@O 1F:F;O 18;O@. /B 90@K<D01@8:0B;0@K A>9C4C;0= 2O 87>B5@<8: 02B><>18;;O@4O 2 A00B <F44OB8=4O 40HK=<0;K4K@. /B 90@K<D01@8:0B;0@K=K <0L070;0@40 0-60!-4O A0E;09K@;0@. #@20;0=<KH OB 90@K<D01@8:0B;0@K 24 A00B, =0@K=;0H4K@K;<KH;0@ 12 A00B, BO188 EK@40B8:O 90@K<D01@8:0B;0@ 24 A00B, BO188 8@8B8:O 90@K<D01@8:0B;0@ 48 A00B, ?09 I0;K=40 1C@0EK;<KH BO188 90@K<D01@8:0B;0@ 36 A00B, OB 389<OA8 8AO 6 A00B A0E;0=K;0 18;O@. >=4C@C;<CH OB 389<OA8 <0L07040 00!-4O 48 A00B, 200!-4O 3 A00B, 4>=4C@C;<CH 4FH1O@O 50!-4O= 9F:AO: >;<090= B5<?5@0BC@40 24 A00B, 00!-4O= 0H0LK B5<?5@0BC@40 72 A00B A0E;0=K;0 18;O@. $ / !   % + / + /)!# + 0;K3 2O 10;K3 <OIAC;;0@K=K= 8=A0=;0@K= 3840;0=<0AK=40 1N9F: OIO<899OB8 20@4K@. 0;KLK= BO@:818=4O 7F;0;, 90L, <8=5@0; <044O;O@ (EFACAO= D>AD>@ 2O 9>4), 28B0<8=;O@ 2O 48MO@ 18>;>J8 DO0; <044O;O@ 20@4K@. 5A?C1;8:040 %O7O@ 4O=878, F@ 2O @07 G09;0@K, 8=MOG528@ 4O=878 2O 48MO@ 40E8;8 ACBCB0@;0@ 10;K3 >2C=C= <O=1O9848@. 0;K3 AO=095A8 M5=8H G5H844O 10;K3 <OIAC;;0@K 8AB5IA0; 548@, ;0:8= @5A?C1;8:0 OI0;8A8=8= 10;K3 <OIAC;;0@K=0 >;0= BO;O10BK B0< N4O=8;<8@. $878>;>J8 =>@<090 OA0AO= >@B0 90H;K 8=A0= 8;4O 07K 18,2 :3 10;K3 8AB5I;0: 5B<O;848@. 5A?C1;8:040 8AB5IA0; 548;O= 2O 10H30 @5M8>=;0@40= MOB8@8;O= 10;K3 <OIAC;;0@K 8AO >@B0 I5A01;0 040<10HK=0 8;4O 10 :3-40= 07 4FHF@. 2;0=0= 10;K3;0@K= <8340@K=K 2O =N2F=F 0@BK@<03 FGF= OA0A <OAO;O, 10;K3GK;KLK AO=095 BO<O;8 F7O@8=4O 8=:8H0D 5B48@<O: 2O 40E8;8 ACBCB0@;0@40= <0:A8<C< AO<O@O;8 8AB8D04O 5B<O:;O M5=8H G5H844O 9598=B8 <OIAC;;0@K 8AB5IA0; 5B<O:48@. 0E8;8 ACBCB0@;0@40 389<OB;8 10;K3 =N2;O@8=8= 5IB890BK=K= 0@BK@K;<0AK, OI0;8=8= 40I0 G>E 48@8 2O A>9C4C;<CH 10;K3;0, 30E06 548;<8H 2O I8A;O=<8H 10;K3 <OIAC;;0@K 8;O ;07K<8 <8340@40 BO<8= 548;<OA8 20681 <OAO;O;O@4O=48@. 0;K3 AO=095A8 9598=B8 <OIAC;;0@K=40= 48@8, A>9C4C;<CH 2O 4>=4C@C;<CH 10;K3, I8A;O=<8H 2O 30E06 548;<8H, 4C7;C, O428990B;K-4C7;C 2O A8@:O9O 3>9C;<CH 10;K3;0@, 10;K3 :>=A5@28 2O ?@5A5@2;O@8, :F@F, 90@K<D01@8:0B 2O :C;8=0@890 <O<C;0B;0@K, 10;K3 90LK; B5E=8:8 2O EFACA8 BO98=0B;K 10;K3 <OIAC;;0@K=40= 10;K3 C=C (95< FGF=), B5E=8:8 90L, 90?KH30=, J5;0B8=, MF1@O, ,  2O  28B0<8=;O@8, B8118 10;K3 90LK, 8=AC;8=, ?5?A8=, 9>4, AO4OD 2O 48MO@ <OIAC;;0@ 8AB5IA0; 548@. 10.1. /"/-/ + ++ "/!$"+ /<BOOHF=0A;K340 2OBOMO 10;K3;0@K DOA8;O;O@O, 68=A;O@O 2O =N2;O@O MN@O BOA=8D;OH48@8;8@. F=9040:K >:50=, 4O=87, G09, MN; 2O 10H30 ACBCB0@;0@40 12 <8=4O= 0@BK3 =N2 2O 90@K<=N2 10;K3 90H09K@. C=;0@40= 1500 =N2F=F= 2OBOMO OIO<899OB8, 300-O 3O4O@8=8= 8AO AO=095 OIO<899OB8 20@4K@. 8@-18@8=O 90EK= =N2;O@ 68=A;O@4O, 68=A;O@ 8AO DOA8;O;O@4O 18@;OH8@. !:5;5B8= 3C@C;CHC=0 MN@O 3KLK@403 A:5;5B8 (0:C;0, A:0B), 3KLK@403;K-AF<F:;F (=O@O:8<8;O@) 2O AF<F:;F (2OBOMO 10;K3;0@K=K= G>EC) 10;K3;0@ DO@3;O=48@8;8@. 09K;4KLK <FI8BO 2O IO90B BO@78=O MN@O 10;K3;0@ 4 3@C?0 1N;F=F@;O@: O=87 10;K3;0@K  4C7;C 4O=87 AC9C=40 90H09K@ 2O >@040 40 0@BK@;0@. C=;0@ N7 =N21OA8=4O >:50= 2O AC9C= 4818=4O 90H090= 10;K3;0@0 09@K;K@. :50= 10;K3;0@K 0GK3 4O=87;O@4O AC9C= 40E8;8=4O 90H09K@. C=;0@0 A89O=O:, A:C<1@890, BC=5A 2O A. 08448@. !C9C= 4818=4O 90H090=;0@0 B@5A:0, :0<10;0, :5D0;, ?0;BCA 2O A. 08448@. 5G868 10;K3;0@  4O=87;O@4O 90H09K@, ;0:8= :F@F BN:<O: (68=A8 95B8H:O=;89O G0B4K340) FGF= H8@8= AC;C G09;0@0 :5G8@. C 3@C?0 =O@O, C7C=1C@C=, 3K7K;10;K3, EOHO<, 78904, H0I<0I8 2O A. 08448@. ;0=10;KLK 8AO O:A8=O, H8@8= AC40 90H09K@, :F@F BN:<O: FGF= 4O=87O :5G8@. 5G868 10;K3;0@K= :F@FAF 0=603 H8@8= AC40 8=:8H0D 548@. 0@K<:5G868 10;K3;0@  4O=878= H8@8= AC;C 95@;O@8=4O 90H09K@, 3840 0EB0@<03 2O :F@F BN:<O: FGF= G09 <O=AO1;O@8=O M548@;O@. C 3@C?0 GO:8, G0?03, =0330, :F;<O, ACD 2O 48MO@ 10;K3;0@ 08448@. '09, MN; 2O 10H30 ACBCB0@;0@40 90H090= H8@8= AC 10;K3;0@K 408<0 H8@8= AC40 90H09K@ 2O >@040 40 8=:8H0D 5481 0@BK@;0@. C 3@C?0 D>@5;, F@ H8@18B8, 4C@=010;KLK, 3K7K;E0;;K 10;K3, GN;MO, E@0<C;890 2O 48MO@ 10;K3;0@ 08448@. 594 5B<O: ;07K<4K@ :8, :5G868 10;K3;0@K= OB8, > 6F<;O4O= =O@O 10;KLK 2O 3K7K;10;K3 68=A;O@8=8= OB8 10H30 4O=87 10;K3;0@K=K= OB8=O =8A1OBO= :59D899OB;8 2O 404;K >;C@. F@ 3K7K;10;KLK 1FBF= 10;K3;0@40= OB8=8= 7O@8D;898, 404;K >;<0AK 2O 90L;K;KLK 8;O DO@3;O=8@. O@O 68=A;8 10;K3;0@K= 5IB890BK=K= 60%-O 3O4O@8 %O7O@ 4O=878=4O48@. 0;K3 AO=095A8=4O 10;K3;0@ 0H0LK40:K MNABO@868;O@O MN@O 4O BOA=8D;OH48@8;8@. 0;K3 C7C=;CLC=0 2O :FB;OA8=O MN@O 8@8, >@B0 2O EK@40 10;K3;0@0 1N;F=F@. !O=095 OIO<899OB8 >;0= %O7O@ 10;K3;0@K=40= 1N;MO=8= >@B0 I5A01;0 C7C=;CLC 150-200 A< 2O :FB;OA8 70-100 :3 (1O7O= 1C=40= 40 G>E), G0?0LK= C7C=;CLC 15-29 A< 2O :FB;OA8 0,5-1,0 :3, :8;:O=8= 8AO C7C=;CLC 8-11 A< 2O :FB;OA8 5-11 3 >;C@. O78 10;K3;0@ N;GFAF=O 2O :FB;OA8=O MN@O 3@C?;0H4K@K;<K@. N:;F: 4O@O6OA8=O MN@O 10;K3;0@ :N: (90L;K) 2O 0@K3 10;K3;0@0 09@K;K@. 2;0=<0 <F44OB8=O MN@O 907 >2C, 907-909 >2C, 909-?09K7 2O ?09K7-3KH >2C 10;K3;0@K=0 09@K;K@. 0;K3;0@ 68=A899OB8=O MN@O (5@:O: 2O 48H8), 90HK=0 (?C;6C3;0@40:K I0;30;0@K= 8;;8: A09K=0 MN@O) 2O >2;0=4KLK 95@O (%O7O@ 4O=878, 7>2 4O=878, 0;B8: 4O=878 2O A.) MN@O 3@C?;0@0 09@K;K@. OAO;O=, 90L;K;KLK=0 MN@O %O7O@ A89O=O98 (20%) B;0=B8: A89O=O98=4O= (12%) FABF=4F@. 0L;K;KLK=0 MN@O 10;K3;0@ 3 3@C?0 1N;F=F@: 90LAK7 10;K3;0@K= BO@:818=4O 1%-O 3O4O@; >@B0 90L;K 10;K3;0@K= BO@:818=4O 2-8%, 90L;K 10;K3;0@40 8-15% (1O78 10;K3;0@40 30%-O 3O4O@) 90L >;C@. CE0@K40 MNABO@8;O= 1N;MF=F= 10;K3;0@K= 5<0;K=40 2O >=;0@40= 0;K=0= <OIAC;;0@K= G5H848=8= 90@0=<0AK=40 1N9F: OIO<899OB8 20@4K@. 10.2. +,+ // # ##(# 0;K3;0@ AC40 90H09K1 8=:8H0D 54O= 2O 3O;AO<O;O@8 8;O BO=ODDFA 54O= A>9C330=;K, 81B8408 >=C@L0;K I5920=;0@4K@. 0;KLK= B5<?5@0BC@C A018B >;<09K1, 90H04KLK AC9C= B5<?5@0BC@C=40= 0AK;K4K@. 0;KLK= 1O4O=8 18@-18@8=O 18B8H8: >;0= 3 I8AAO4O=  10H, MN24O 2O 3C9@C340= 810@OB48@. 0;K3;0@40 1>9C= >;<C@, 10H 18;020A8BO MN24O9O 18@;OH8@. 0;KLK= 1C@=C=C= C6C=40= 3O;AO<O;O@8=8= FABF=F N@BO= 30?0LK= 0EK@K=0 3O4O@ >;0= I8AAO 10H, 3O;AO<O 30?0LK=K= C6C=40= 0=CA 4O;898 F7MO68=O 3O4O@ >;0= I8AAO MN24O, 0=CA 4O;898 F7MO68=4O= 3C9@C3 F7MO68=8= A>=C=0 3O4O@ >;0= I8AAO 3C9@C3 04;0=K@. C9@C3 10;KLK= IO@O:OB >@30=K4K@. 0;KLK= AC40 8ABO4898 :8<8 IO@O:OB 5B<OA8 2O 4N=<OA8=O >=C= F7MO6;O@8 :N<O: 548@. 0;KLK= MN24OA8=4O 6FB 95@;OHO= 4NH 2O 30@K= F7MO6;O@8, BO: 95@;OHO= 15; 2O 0=CA F7MO6;O@8 >;C@. )O@ 18@ F7MO68= N7F=O<OEACA DC=:A890AK 20@4K@. 0;KLK= A:5;5B8 >=C@L040=, 10HK= A:5;5B8=4O= 2O F7MO6;O@8= A:5;5B8=4O= 810@OB48@. -N24O=8, O7O;O=8, 10HK, F7MO6;O@8 2O 40E8;8 >@30=;0@K AF<F: 2O 90 3KLK@403 A:5;5B8 A0E;09K@. 0;KLK= O7O;O B>EC<0AK O7O;O ;8D;O@8=4O= BOH:8; >;C=<CH4C@. /7O;O ;8D;O@8 3 OA0A I8AAO4O= 810@OB48@: <8>D81@8;;O@, A0@:>?;07<0 2O A0@:>;5<<0. /7O;O ;8D;O@8=8= OA0AK=K <8>D81@8;;O@ BOH:8; 548@. !0@:>;5<<0 O7O;O ;8D;O@8=8= 3K;0DK=40 >;C@. 8>D81@8;;O@;O A0@:>;5<<0=K= 0@0AK A0@:>?;07<0 8;O 4>;C >;C@. 0;KLK= O7O;OA8 0L, 0GK3-1>7 2O 90 0GK3-GOI@09K @O=M4O, 1O78 10;K3;0@40 8AO GOI@09K >;C@. 0;KLK= 4O@8A8 0;BK=40 2O 18@;OH48@868 B>EC<0 C7C=C O7O;O;O@ BCB3C=-3K@<K7K @O=M4O48@. /7O;O B>EC<0AK, 18@;OH48@868, 90L B>EC<0AK 8;O 18@;8:4O 10;KLK= OB8=8 O<O;O MOB8@8@. 0;KLK= OB8=4O 18@;OH48@868 B>EC<0 =O 3O4O@ G>E >;0@A0, >=C= OB8 18@ > 3O4O@ 1O@: 2O :>1C4 >;C@. 0;KLK= 1O4O=8 4O@8 8;O N@BF;F4F@. O@8 FAB 30B40=  5?815@<8A 2O 0;B 30B40=  :>@8C<40= 810@OB48@. ?845@<8A G>E30B;K 5?8B5;;O@4O=, :>@8C< 8AO 18@;OH48@868 B>EC<0;0@40= BOH:8; >;C=<CH4C@. O@84O >=C= @O=M8=8 O<O;O MOB8@O= ?83<5=B IF659@O;O@8 20@4K@. O@8=8= AOBI8=4O A5;8: 8D@07 54O= IF659@O;O@ 20@. !5;8: 10;KLK= AC40 IO@O:OB8=8 AF@OB;O=48@8@, >=C= <8:@>>@30=87<;O@4O= 2O 7O@O@;8 <044O;O@4O= 3>@C9C@. O@8=8= F7O@8=4O ?C;6C3;0@ 95@;OH8@. C;6C3;0@ 8;1O8; 1N9F9F@, >=0 MN@O 4O ?C;6C3;0@40:K IO;3O;O@8= 8;;8: A09K=0 MN@O 10;KLK= 90HK <FO99O= 548;8@. C;6C3;0@ 10;KLK= 4O@8A8=8 2O 40E8;8 >@30=;0@K=K E0@868 7O@1O;O@4O= 3>@C9C@. O78 10;K3;0@K= (=0330, 8;0=10;KLK) 1O4O=8 0=603 4O@8 8;O N@BF;F@ 2O ?C;6C3AC74C@. &7MO6;O@ 10;KLK= IO@O:OB >@30=K >;C1, 10;KLK= AC40 8ABO=8;O= 2O7899OB4O 30;<0AK=0 8<:0= 25@8@. &7MO6;O@ 6FB (4NH 2O 30@K=) 2O BO: (3C9@C3, 15; 2O 0=CA) >;C@. &7MO6;O@8= 3C@C;CHC, 95@;OH<OA8 2O A09K 10;K3;0@K= =N2F=F= 2O DOA8;O;O@8=8= <FO99O= 548;<OA8=4O OA0A MNABO@86848@. O;AO<O;O@ 10;KLK= BO=ODDFA >@30=K4K@. 0= F@O:4O= 3O;AO<O;O@O MO;8@, >:A8M5=;O 7O=M8=;OH8@ 2O 10;KLK= 1O4O=8=8= IO@ 95@8=O 909K;K@. O78 10;K3;0@40 4O@8 8;O BO=ODDFA 5B<O (C3>@, :0@0;, ;8=) 90EHK 8=:8H0D 5B<8H48@. 0;KLK= 30@K= 1>H;CLC=40 40E8;8 >@30=;0@  F@O:, 3840 1>@CAC, <O4O, 10LK@A03;0@, <O1O0;BK 2O78, 30@0689O@, 1N9@O:, :F@F, A?5@<0, F7<O 3>2CLC 95@;OH8@. O78 10;K3;0@K= (B@5A:0, ?8:H0) 30@0689O@8 90L B>?;0<0 3018;899OB8=O <0;8:48@ 2O >=;0@40=  2O  28B0<8=;O@8 8;O 7O=M8= >;0= B8118 10;K3 90LK 8AB5IA0; 548;8@. 0;K3;0@ <FEBO;8D D>@<040  >E20@8, 90ABK, C7C=A>2 >;C@. !F@OB;O F7O= 10;K3;0@K= C7C=A>2 2O >E20@8 1O4O=;O@8 20@4K@. K@BK6K 10;K3;0@K= 1O4O= 3C@C;CHC >2;0@K=K BO68;8 >2;0<03 FGF= C9LC=;0H<KH4K@. K@BK6K 10;KLK= 0L7K=40 48H;O@8 >;C@. 8=A899OB F72;O@8  48H8;O@4O 9C<C@B06K3;0@ (90ABK3;0@), 5@:O:;O@4O 8AO <090;K34K@ (AF4O1O=7O@ <044O). 0ABK3;0@K= 8GO@8A8=4O :F@F 95@;OH8@. FEBO;8D 10;K3;0@K= :F@FAF=F= @O=M8 2O N;GFAF DO@3;O=8@. /:AO@ 10;K3;0@K= :F@FAF 95<O;848@. 0:8= =O@O 2O 3K7K;10;K3 DOA8;OA8=O 084 10;K3;0@K= :F@FAF, 9F:AO: 3840;K;KLK 2O :59D899OB8 8;O FABF=4F@. 0;KLK= 1FBF= B>EC<0 2O >@30=;0@K O<BOOHF=0A;K3 2O B5E=>;>J8 BO6@F1O4O 2 I8AAO9O 09@K;K@. 598;O= I8AAO;O@8 10;KLK= OB8, :F@FAF, 30@0689O@8 2O 5@:O: 10;KLK= 68=A899OB >@30=K 08448@. 598;<O9O= I8AAO;O@4O=  10H, F7MO6 2O AF<F:;O@4O= 90L 2O 95< C=C; 4O@8A8=4O= 90?KH30= 2O 4O@8; ?C;6C3;0@40= 2O F7<O 3>2CLC=40=  90?KH30= 2O AO4OD; 30@0689O@8=4O= 28B0<8= ?@5?0@0B;0@K; IO7< >@30=;0@K=40= D5@<5=B ?@5?0@0B;0@K, 90L 2O 95< C=C 8AB5IA0; 548;8@. 0;KLK= =N2F=4O=, 68=A8=4O= 2O >2;0=<0 20EBK=40= 0AK;K >;0@03 09@K-09@K >@30=;0@K= 2O I8AAO;O@8= :FB;OA8 4O98H8@. 0;KLK= 9598=B8 FGF= 90@0@;K >;0= I8AAOA8, 9CE0@K40:K 0<8;;O@4O= 0AK;K >;0@03 45-80% 0@0AK=40 >;C@. 10.3. /!! /"/-/ + ++ !//! 0;K3;0@ =N2, 68=A 2O DOA8;O9O MN@O 3@C?;0@0 09@K;K@. 5;O 1N;MF=F= OA0AK=K 10;KLK= 1O4O=8=8= 3C@C;CHC, IO90B BO@78, OB8=8= :8<9O28 BO@:818 2O 10H30 O;0<OB;O@ BOH:8; 548@. 5A?C1;8:0<K7K= G09 2O MN;;O@8=4O, 5;O6O 4O %O7O@ 4O=878=8= 7O@10960= AC;0@K=40 87 =N2 2O 90@K<=N2 10;K3 90H09K@. C=;0@40= 25 =N2 10;KLK= E0;3 BOAO@@FD0B OIO<899OB8 20@4K@. OBOMO OIO<899OB;8 10;K3;0@ E0@868 =8H0=O;O@8=O MN@O DOA8;O;O@O 09@K;K@;0@. C=;0@ 0H0LK40:K;0@4K@. O@O 10;K3;0@K DOA8;OA8=O 084 >;0=;0@40= =O@O 10;KLK, 0L 10;K3 (1N;MO), C7C=1C@C= 10;K3, :O;O<> (309010;KLK), :0;C30 10;KLK 2O GN:O 10;KLK O= 1N9F: 2OBOMO OIO<899OB8=O <0;8:48@. C DOA8;O9O 084 10;K3;0@K= 1O4O=8 89 HO:;8=4O >;C@; >=;0@40 1O4O= 1>9C 5 6O@MO AF<F: ?C;6C3;0@K (4C<C@6C3;0@) 20@4K@. C=;0@40= 18@ 6O@MO 15;4O, 8:8A8 90=;0@40, 8:8A8 8AO 30@K= =0I89OA8=4O 10HK= M5@8A8=4O= 3C9@CL04O: C70=K@. L7K GO=O=8= 0;BK=40 95@;OH8@, 1N9F: 09?0@0 HO:;8=4O48@. =;0@40 AF<F: A:5;5B8 >;<C@ 2O DO3O@O AF<F9F O2O78=4O 1O4O= 1>9C=60 3KLK@403 <8;8 :5G8@. C 10;K3;0@K= OB8 7O@8D, 90L;K 2O O= 90EHK 404;K 10;K3 OB8 I5A01 548;8@. O@O DOA8;OA8=O 084 1FBF= 10;K3;0@40= BO7O 2O 4>=4C@C;<CH I0;40 8AB8D04O 548;8@. )8AO 25@8;<8H 10;K: <O<C;0BK, :>=A5@2 2O :C;8=0@ <O<C;0BK I07K@;0<03 FGF= 8AB8D04O 548;8@. O@O:8<8;O@ 9F:AO: 4O9O@;8 30@0 :F@F 25@8@. O@O:8<8;O@8= OB8 0L, 0760 A0@K :N;MO;8 @O=M4O >;C@. C 10;K3;0@K= C7C=;CLC 86-410 A<, :FB;OA8 8AO 6-263 :3 >;C@. L 10;KLK= C7C=;CLC 9 <-O, :FB;OA8 8AO 1300-1500 :3-0 G0BK@. K7K; 10;K3;0@ DOA8;OA8=O 084 10;K3;0@40= 3K7K; 10;K3, %O7O@ 3K7K; 10;KLK, :5B0 10;KLK, 3>@1CH0 10;KLK, 0;010;K3, 0L60 10;K3, =5;<0 10;KLK, 78904 10;KLK, G02KG0, =5@:0, <C:AC=, G8; 3K7K; 10;K3, D>@5;, A><L0 2O A. 2OBOMO OIO<899OB;848@. 0H30 10;K3;0@40= DO@3;8 >;0@03 3K7K; 10;K3;0@K= 15; I8AAOA8=8= 3C9@CL0 90EK= >;0= 95@8=4O 90L F7MO68 20@4K@. C=;0@K= OB8=4O EK@40 AF<F:;O@ >;<C@. K7K; 10;K3;0@K= 0@0AK=40 :5G868 10;K3;0@, MN; 10;K3;0@K 2O H8@8= AC40 90H090= 10;K3;0@ 20@4K@. 7O@10960=K= F@ 3K7K; 10;KLK 1FBF= 4F=9040 2O 3K7K; 10;K3;0@ 8GO@8A8=4O N7 7O@8D;898, H8@O;8 >;<0AK, 90L;K;KLK, MN7O;;898 8;O DO@3;O=8@. /B8=8= @O=M8 18@ 3O4O@ 3K@<K7K<BK;4K@. K7K; 10;K3;0@ DOA8;OA8=8 3 3@C?0 1N;F@;O@. #703 (O@3 3K7K; 10;K3;0@K=0 GOI@09K40= 3K@<K7K @O=MO 3O4O@ 7O@8D OB8 >;0= :5B0, G02KG0, 3>@1CH0, =5@:0, A8<0 10;K3;0@K 08448@. C=;0@40= 3K@<K7K :F@F 0;K=K@, 7O8D 4C7;0=<KH, I8AO 25@8;<8H 10;K: <OIAC;;0@K 2O 9F:AO: :59D899OB;8 :>=A5@2;O@ I07K@;0=K@. O681 3K7K; 10;K3;0@0 A><L0, %O7O@ 3K7K; 10;KLK, D>@5;, =5;<0 2O 0L 3K7K; 10;K3 (0L60 10;K3) 08448@. C=;0@40= 45;8:0B5A 10;K: <OIAC;;0@K I07K@;0=K@, BO7O I0;40 8AO 10;K3 H>@10AK (CE8) 2O 3K70@4K;<KH D>@<040 8AB5I;0: 548;8@. ;010;K3;0@ 3@C?C=0 0;010;K3, !818@ G09 10;KLK (<C:AC=), G8; 3K7K; 10;K3, @8?CA 2O BC3C= 10;K3;0@K 08448@. C=;0@K= OB8 0L, 7O@8D 2O 404;K >;C@. "O7O 2O 4>=4C@C;<CH I0;40 A0BK;K@. F:AO: :59D899OB;8 7O8D 4C7;C, I8AO 25@8;<8H 2O O42899O;8 4C7;0=<KH 10;K3 <OIAC;;0@K 2O :>=A5@2;O@ I07K@;0=K@. K7K;10;K3:8<8;O@8= C7C=;CLC 47-130 A<, :FB;OA8 1-23 :3 (<0:A8<C< 51 :3) >;C@. !89O=O: 10;K3;0@K DOA8;OA8=O 084 >;0=;0@40= A89O=O:, A0;0:0, :8;:O, B9C;:0 2O 820A8 10;K3 >2C=40 1N9F: 95@ BCBC@. !89O=O: 10;K3;0@K=0 >2;0=0= 95@8=O MN@O 04 25@8;8@. %O7O@ A89O=O: 10;K3;0@K (90LK 15-19% >;C@), 7>2-0@0 4O=87 A89O=O: 10;K3;0@K (90LK 18-22% >;C@), B;0=B8: A89O=O: 10;KLK (90LK 16-20% >;C@), L 4O=87 A89O=O: 10;KLK, !0:8B >:50= A89O=O: 10;KLK 2O A. !89O=O: 10;K3;0@K=K= E0@0:B5@8: O;0<OB;O@8 >=40= 810@OB48@ :8, 1O4O=8= >@B0AK=40 18@ 15; F7MO68 95@;OH8@, 3C9@C3 F7MO68 G>E 10BK3 >;C@, 90= EOBB8 >;<C@ 2O 10HK GK;?03 >;C@. O4O=8=8= F7O@8=4O 5-7 E0; 20@4K@. /A0AO= 4C7;0<03, ?@5A5@2 I07K@;0<03, A>9C3 I8AO 25@<O: 2O :>=A5@2;OH48@<O: (90L40, B><0B A>CAC=40, J5;54O) FGF= 8AB8D04O 548;8@. !89O=O::8<8;O@8= C7C=;CLC 14-58 A<, :FB;OA8 1,8-8,2 :3 >;C@. /B8 0L @O=M4O48@. 0@015; %O7O@ A89O=O98=8= :FB;OA8 1,5 :3-0 G0BK@. /42899O;8-4C7;0=<KH I0;40 A0BKH0 25@8;8@. 20A8 10;KLK=40= 90L 8G8=4O A0@48=0 :>=A5@28A8, A0;0:0 10;KLK=40= 90L 8G8=4O H?@>B 2O 90L 8G8=4O A0@48=0 :>=A5@2;O@8 I07K@;0=K@. 8;:O 10;KLK %O7O@ 4O=878=4O (:8;:O 2O 0=G>CA) 2O 0;B8: 4O=878=4O 90H09K@. #7C=;CLC 11,2-14,5 A<, :FB;OA8 10,9-20 3@0<0 3O4O@ >;C@. 8;:O;O@8= OB8 0L @O=M;848@. 0;B8: 4O=878=4O >2;0=0= :8;:O 10;KLK=40= H?@>B 2O A0@48=0 :>=A5@2;O@8 2O :8;:O ?@5A5@28 I07K@;0=K@. %O7O@ 4O=878=4O >2;0=0= :8;:O4O= 8AO B><0B A>CAC=40 :>=A5@2, I8AO 25@8;<8H 2O 4C7;0=<KH 10;K3 <OIAC;;0@K I07K@;0=K@. 'O:8 10;K3;0@K DOA8;OA8=O 084 >;0= 10;K3;0@0 GO:8 10;KLK, G0?03 10;KLK, A070=, GN<GO 10;KLK, H0I<0I8, H8@18B (1KL;K 10;K3), B8=30 10;KLK, 5=;810H 10;K3, 4010=10;KLK, EOHO<, :FBF<, :F;<O, 3K7K;F7MO6, 0LMN7 10;K3, ?>@C 10;KLK, <0@8=:0, 30@0A>; 10;KLK 08448@. C DOA8;O9O 084 10;K3;0@K= E0@0:B5@8: EFACA899OB8 >=40= 810@OB48@ :8, 15;8= >@B0AK=40 18@ O4O4 15; F7MO68 95@;OH8@, 90=;0@K=40 094K= I8AA 548;O= EOBB >;C@, 1O4O=8 90ABK, FABF=4O 8@8 ?C;6C3;0@K 20@4K@. /B8 0L @O=M4O, >@B0 90L;K, ;O77OB;8, ;0:8= G>E AF<F:;F (BKE;K) >;C@. (0I<0I8 2O 30@0A>; 10;K3;0@K 40I0 90L;K >;C@. 'O:8:8<8;O@8= C7C=;CLC 30-70 A<, :FB;OA8 1,5-5,5 :3 >;C@. 8@8, A>9C4C;<CH 2O 4>=4C@C;<CH I0;40 A0BKH0 25@8;8@. AB8 2O A>9C3 I8A;O<O, 30E06;0<0 FAC;C 8;O 5<0; 548;8@, <FEBO;8D G5H844O :>=A5@2;O@ I07K@;0=K@. %0=K 10;K3;0@K DOA8;OA8=O 084 >;0= ACD 10;KLK, 15@H 10;KLK, E0=K 10;KLK 2O 9>@H 10;KLK 2OBOMO OIO<899OB;848@. C 10;K3;0@K= EFACA899OB8 >=40= 810@OB48@ :8, 15;8=4O 18@ O4O4 B8:0=;K 2O 18@ O4O4 9C<H03 F7MO68 20@4K@, 90= EOBB8 094K= A5G8;8@. O4O=;O@8 C7C=A>2 >;C1 EK@40 ?C;6C3;0@;0 N@BF;F4F@. C 10;K3;0@ 0@K3 >;C1 18H8@8;O= 70<0= G>E;C 5:AB@0:B;K <044O 09K@K@, BKEAK7, 7O@8D OB8 ;O77OB;8 >;C@. %0=K 10;K3;0@K BO7O, A>9C4C;<CH, 4>=4C@C;<CH 2O 1O7O= 4C7;0=<KH I0;40 A0BKH0 25@8;8@. C DOA8;O9O 084 10;K3;0@K= C7C=;CLC 22-65 A<, :FB;OA8 0,2-3 :3 >;C@. "@5A:0 10;K3;0@K DOA8;OA8=O B@5A:0 10;KLK, ?8:H0 10;KLK, A0940, =020I0, <8=B09, MF<FHF E5: 2O 909K= (=5;<0) 10;KLK 084 548;8@. 09K= 10;KLK=40= (15;8=4O 8:8 F7MO68 20@) 10H30 1C DOA8;O9O 084 10;K3;0@K= 15;8=4O FG F7MO6 >;C@. "@5A:0 10;KLK=K= OB8 90LAK74K@, ;0:8= 30@0689O@8=4O G>E;C 90L 20@4K@. =40= 28B0<8=;8 ( 28B0<8=8) 10;K3 90LK I07K@;0=K@ 2O B8118 <O3AO4;O@ FGF= 8AB8D04O >;C=C@. "@5A:0=K= 30@0689O@8=4O 66%, E5: 10;KLK=K= 30@0689O@8=4O 8AO 44% 90L 20@. C 10;K3;0@ 4>=4C@C;<CH I0;40, 4>=4C@C;<CH D8;5 I0;K=40 (B@5A:0, <8=B09), 4C7;0=<KH 2O I8AO 25@8;<8H I0;40 A0BKH0 25@8;8@. "><0B A>CAC=40 10;K3 :>=A5@28A8 4O I07K@;0=K@. =G>CA 10;K3;0@K DOA8;OA8=O 084 >;0= O= 1N9F: 2OBOMO OIO<899OB;8 10;K3;0@ EO<A8 10;KLK 2O #703 (O@3 0=G>CA 10;KLK4K@. C 10;K3;0@40 18@ O4O4 15; F7MO68 >;C@ 2O 1C F7MO6 4O 30@K= F7MO6;O@8=8= FABF=4O 95@;OH8@, 90= EOBB8 >;C@. %O<A8 10;KLK=K= C7C=;CLC 10-15 A<, :FB;OA8 8AO 12 3@0<0 G0BK@. /B8 7O@8D 2O ;O77OB;8 >;C@. 09K740 >2;0=0= 10;K3;0@40 29%-O 3O4O@, 90740 >2;0=0= EO<A84O 8AO 7%-O 3O4O@ 90L >;C@. /42899O;8 4C70 3>9C;C@, H?@>B 2O A0@48=0 :>=A5@28A8 I07K@;0=K@. K7K; 10;K3 DOA8;OA8=4O= >;0= :8G8: 10;K3;0@0 :>@9CH:0, <>920 2O A=5B>: 10;K3;0@K 08448@. >@9CH:0 10;KLK OA0AO= 04>30 2O =530 MN;;O@8=4O 90H09K@. 520, $8= 2O L 4O=87 :>@9CH:0;0@K 8@8 >;4CLC=40= 40I0 389<OB;848@. )8AO 25@8;8@, 30E06;0=K@ 2O :>=A5@2 I07K@;0=K@. >920 :FB;O28 >2;0=0= 2OBOMO 10;KLK4K@. >=A5@2 I07K@;0<03, 30E06 5B<O: 2O I8AO 25@<O: FGF= 90EHK E0<<0;4K@. K70@4K;<KH I0;40 40I0 G>E 8AB8D04O 548;8@. 8MO@ DOA8;O;O@O 084 >;0= 10;K3;0@40= O= G>E 2OBOMO OIO<899OB;8 >;0=;0@ =0330 10;KLK, 4C@=0 10;KLK, 8;0=10;KLK, 30;E0= 10;KLK (:0<10;0), ?0;BCA 10;KLK, :5D0; 10;KLK, 4O=87 E0=K 10;KLK, A:C<1@890, AB02@840, =0B>B5=890 2O 0:C;04K@. 0330 10;KLK %O7O@, 7>2, 0@0 2O @0; 4O=87;O@8=4O, G09;0@40 2O MN;;O@4O >2;0=K@. #7C=;CLC 5 <5B@O G0BK@. @B0 2OBOMO C7C=;CLC 50-100 A<-48@. FB;OA8 800 :3-0 G0BK@. /B8 7O@8D, H8@8=BOIO@ 2O >@B0 90L;K >;C@. C@=0 10;KLK H8@8= AC40 90H090= 2OIH8 10;K3 A09K;K@, G09;0@40 2O MN;;O@4O >2;0=K@. OBOMO C7C=;CLC 25-40 A<, :FB;OA8 0,4-2,5 :3 >;C@. C@=0 10;KLK 0@K3 >;C@, 6020= 10;K3;0@K= OB8 40I0 ;O77OB;848@. ;0=10;KLK ?C;AC7 2O F7MO6A87 >;C1, 8;0=01O=7O@ HO:8;4O48@. ;0=10;KLK=40 26-34% 90L >;C@. "O7O 2O 3K70@4K;<KH I0;40 A0BKH0 25@8;8@. 0;E0= 10;KLK (:0<10;0)  0@0 4O=874O, #703 (O@3 2O (8<0; 4O=87;O@8=4O >2;0=K@. 0;KLK= 1O4O=8 5=;8, 3KA0, 90=;0@K 8AO G>E 90ABK >;C@. :8 MN7F 10HK=K= 18@ BO@OD8=4O 95@;OH8@. /= 8@8A8=8= :FB;OA8 4-7 :3-4K@. /B8 >@B0 :N:;F:4O 2O AF<F9F 07 >;C@. C 10;K3 A>9C4C;<CH 2O 4>=4C@C;<CH I0;40 A0BKH0 25@8;8@, :>=A5@2 I07K@;0=K@. !:C<1@890 389<OB;8 2OBOMO 10;KLK4K@. O4O=8 C7C=A>2 >;C1 =078: 3C9@CLC 20@. :8=68 15; F7MO68=4O= 2O 0=0; F7MO68=4O= A>=@0 EK@40 F7MO6;O@ 95@;OH8@. 5; BO@OD8 90HK;K<BK; MN9 @O=M4O, 5=8=O BF=4 7>;03;K4K@. /B8 7O@8D 2O 90L;K4K@. /A0AO= #703 (O@3 2O !0:8B >:50= A:C<1@890AK >2;0=K@, 07 <8340@40 8AO 0@0 4O=87 A:C<1@890AK >2;0=K@. >=4C@C;<CH, 4C7;0=<KH 2O I8AO 25@8;<8H I0;40 A0BKH0 25@8;8@. .7 H8@OA8=4O 2O B><0B A>CAC=40 10;K3 :>=A5@28A8 4O I07K@;0=K@. !B02@840 A:C<1@890 :8<8 G>E >2;0=0= 2OBOMO 10;KLK4K@. 7>2 2O 0@0 4O=87;O@4O, !0:8B 2O B;0=B8: >:50=;0@K=40 >2;0=K@. 0;KLK= 8:8 15; F7MO68 >;C@, 90= EOB;O@8 O98;<8H, 0EK@0 90EK= 3KLK@403 ?;0AB8=:0AK 8;O N@BF;<FH >;C@. /B8 7O@8D 2O 404;K4K@. >=4C@C;<CH, 4C7;0=<KH 2O I8AO 25@8;<8H I0;40 A0BKH0 MOB8@8;8@, 5;O6O 4O <FEBO;8D :>=A5@2;O@8= I07K@;0=<0AK=40 8AB8D04O 548;8@. 5D0; 10;KLK 0@0, 7>2 2O %O7O@ 4O=87;O@8=4O >2;0=K@. C DOA8;O9O 084 8@8 10;K3;0@0 ;>10= 10;KLK, EK@40;0@0 8AO :5D0; 10;KLK 4598;8@. /B8 ;O77OB;8 2O 90L;K4K@. /A0AO= I8A;O=<8H 2O :>=A5@2;OH48@8;<8H I0;40 A0BKH0 MOB8@8;8@. 0B>B5=890 30-0 3O4O@ 10;K3 =N2F=F OI0BO 54O= DOA8;O9O 08448@. /A0AO= <O@<O@8 =0B>B5=890 >2;0=K@. !OBI8 8@8 ?C;6C3;0@;0 2O 8@8 BF=4 ;O:O;O@;O N@BF;F >;C@. 5; F7MO68 C7C=4C@. /B8 0L @O=M4O48@, EK@40 AF<F:;O@8 9>E4C@. 0LK 8-10%-48@. C 10;K340= 8AB8 2O A>9C3 FAC;;0 I8AO 25@8;<8H <OIAC;;0@ 2O :C;8=0@ <O<C;0B;0@K I07K@;0=K@. :C;0 (MN9, 1>7, :0B@0=, <0:>) 389<OB;8 2OBOMO 10;KLK4K@. /B8=8= BO@:818=4O, EFACAO= :0B@0= OB8=4O 90LK= <8340@K G>E4C@. C 90LK= A?5A8D8: 898 >;<04KLK=40= BO<87;O=<8H I0;40 <FEBO;8D 9598=B8 90L;0@K=K= BO@:818=O 30BK;K@. :C;040= 3840 <O3AO4;O@8 FGF= 8AB8D04O 548;8@, >=40= 90L 2O 95< C=C 8AB5IA0; 548;8@. 10.4. + /" / "/  0;KLK= BO@:818=4O <FEBO;8D :8<9O28 <044O;O@  AC, 7F;0;, 90L, :0@1>I84@0B, 28B0<8=;O@, <8=5@0; 4C7;0@ 20@4K@. C=;0@ 10;KLK= 3840;K;K3 2O B5E=>;>J8 4O9O@;8;898=8 <FO99O= 548@. 0;KLK= BO@:818=4O 60-0 3O4O@ :8<9O28 5;5<5=B B0?K;<KH4K@. 0;KLK= 09@K-09@K >@30=;0@K=K= :8<9O28 BO@:818 <FEBO;8D48@. 0;KLK= :8<9O28 BO@:818 >=C= 90HK=40=, 68=A8=4O= 2O 68=A899OB8=4O=, >2;0=<0 20EBK=40=, D878>;>J8 2O7899OB8=4O=, 90H04KLK ACBCB0@;0@K= 95< 1070AK=40= 2O 48MO@ 0<8;;O@4O= 0AK;K4K@. 0;KLK= BO@:818=4O >;0= AC 18@;OH<8H 2O AO@1OAB AC40= 810@OB48@. !O@1OAB AC 79-83%-8, 18@;OH<8H AC 8AO 4-6%-8 BOH:8; 548@. 0;K3 90LK BO@:816O 18@ AK@0 <044O;O@8= <F@O::O1 30@KHKLK=40= 810@OB48@, ;0:8= B57 IO7< >;C=0= 90L4K@. =A0= >@30=87<8=4O 10;K3 90LK 96,7% <O=8<AO=8;8@. 0;K3 90LK=K= 3;8A5@84;O@8=4O 20-30% 4>9<CH 2O 70-80% 4>9<0<KH 90L BC@HC;0@K 20@4K@. 0;K3 90LK=40 D>AD>;8?84;O@ 2O AB5@84;O@ 4O 20@. 0;K3 90LK=40 AB5@8=;O@ 2O 90L40 IO;; >;0= 28B0<8=;O@ (, , , ) 2O 1>90 <044O;O@8 (?83<5=B;O@) 20@4K@. >9<0<KH 90L BC@HC;0@K=40= ;8=>;, ;8=>;5= 2O 0@0E84>= 18>;>J8 2O <F0;86O28 OIO<899OBO <0;8:48@. 30 3 10;K3 90LK 3O1C; 5B48:4O 8=A0= 30=K=40 >;0= E>;5AB5@8=8= <8340@K 7% 070;K@. 0;KLK= BO@:818=4O 90LK= <8340@K <FEBO;8D 0<8;;O@4O= 0AK;K >;0@03 0,1%-4O= 34,2%-O 3O4O@ 4O98H8@. B;0=B8: B@5A:0AK=K= 30@0689O@8=4O 73%-O 3O4O@ 90L >;C@. 0;K3 7F;0;;0@K=K= 3840;K;K3 4O9O@8 >=40= 810@OB48@ :8, >=;0@K= BO@:818=4O 8=A0= >@30=87<8=O ;07K< >;0= 1FBF= O2O7548;<O7 0<8=BC@HC;0@K 20@4K@. F;0;;0@K= <8340@K 15-20%-O 3O4O@48@. 0;K3 7F;0;;0@K >@30=87<4O 96% <O=8<AO=8;8@. F;0;K= BO@:818=4O 4C7 <OI;C;C=40 IO;; >;0= 3;>1C;8= B8?;8 <8>78=, 0:B8= 2O 0:B><8>78= 7F;0;;0@K, 7F;0;K= AC40 IO;; >;0= D@0:A890AK=40 (F<C<8 7F;0;K= 20-25%-O 3O4O@8) <8>M5=, <8>0;1C<8=, %-3;>1C;8= 2O <8>?@>B58= 20@4K@. C 7F;0;;0@ A0@:>?;07<0=K= BO@:818=O 40E8;48@. 0;K3 OB8=4O 7O8D 3O;O28 <OI;C;C=40 IO;; >;0= 2O A0@:>;5<<0=K= BO@:818=O 40E8; >;0= <8>AB@><8=, IF659@O =F2OA8=8= BO@:818=O 40E8; >;0= <F@O::O1 7F;0;;0@40= =C:;5>?@>B584;O@ 20@4K@. !C40 IO;; >;0= 18@;OH48@868 B>EC<0 7F;0;K=K= OA0AK=K 2-4% <8340@K=40 :>;;0M5= BOH:8; 548@. 0;K3 OB8=4O 359@8-7F;0;8 07>B;C <044O;O@8= (2,3-4,5%) >;<0AK 3840=K= IO7< 548;<OA8 ?@>A5A8=4O <FIF< @>; >9=09K@. C=;0@ 10;KLK= 404 2O 898=8= O<O;O MO;<OA8=4O 8HB8@0: 5B<O:;O <O4O H8@OA8=8= 8D@07K=0 2O 8HB0I0=K= 0@B<0AK=0 :N<O: 548@. C=;0@0 :@50B8=, :@50B8=8=, :@50B8=D>AD0B, :0@=>78=, "$, 8=>78B, AO@1OAB 0<8=BC@HC;0@K 08448@. 0;KLK= OB8=4O 07 <8340@40 0<<80: 2O B@8<5B8;0<8= >;C@. 0;KLK= :0@1>I84@0B;0@K OA0AO= 0,05-0,85% <8340@K=40 3;8:>M5= 2O >=C= I84@>;878 <OIAC;;0@K=40= 810@OB48@. 0;K3 O7O;OA8=4O :0@1>I84@0B;0@K= 07 >;<0AK=0 10E<090@03, >=;0@ 10;K3 1C;9>=C=C= 404 2O OB@8=8= O<O;O MO;<OA8=4O 2O 10;KLK 3K70@B4K340 @O=M8=8= 4O98H<OA8=4O 8HB8@0: 548@. ;8:>M5= O7O;O;O@8= OA0A 5=5@J8 <O=1O9848@. 0;K3 BCBC;4C340= A>=@0 O7O;O;O@4O >;0= 3;8:>M5= I84@>;87 >;C=C1 AF4 BC@HCAC=0 G52@8;8@. 8B0<8=;O@4O= 10;KLK= BO@:818=4O O= G>E  2O  28B0<8=;O@8, 07 <8340@40 , , 1, 2, 6, 6, 12, ), , , ?0=B>B5= BC@HCAC, 8=>78B 2O :>@=8B8= (B 28B0<8=8) 20@4K@.  28B0<8=8 4O=87 E0=K 10;KLK=K= 30@0689O@8=4O 258 <3%, B@5A:0 10;KLK=K= 30@0689O@8=4O 487 <3%-O 3O4O@48@. !89O=O: 2O B@5A:040  28B0<8=8 2,3-2,5 <3%,  28B0<8=8 <FEBO;8D 10;K3;0@40 3-118 <3%-48@.  28B0<8=8 10;KLK= 30@0689O@8=4O 0,25 <3%-48@. F3098AO FGF= 3594 54O: :8, 6020= <0; OB8=4O 0,001 <3%  28B0<8=8, :O@O 90LK=40 0,008 <3%, 9C<C@B0 A0@KAK=40 0,009 <3%  28B0<8=8 >;C@. 0;K3 90LK  2O  28B0<8=;O@8 8;O 7O=M8= >;4CLC=40= B8118 90L :8<8 <F0;86O28 2O ?@>D8;0:B8:8 OIO<899OBO <0;8:48@. 0;KLK= D5@<5=B;O@8 >=C= A0E;0=K;<0AK 2O 5<0;K 70<0=K 18>;>J8 :0B0;870B>@ @>;C=C >9=09K@. 0;K3 :59;OH48:4O= A>=@0, >=40:K D5@<5=B;O@ O7O;O 7F;0;;0@K=K A04O 18@;OH<O;O@O 3O4O@ ?0@G0;09K@. C 40 <8:@>>@30=87<;O@8= DO0;899OB8=O HO@08B 90@04K@. 0;KLK= ?@>B5>;5B8: D5@<5=B;O@8 OB8= D5@<5=B;O@8=4O= DO0;4K@. !>9C4C;<CH 2O 4>=4C@C;<CH 10;K340 D5@<5=B;O@8= DO0;;KLK 070;K@. 0;K3;0@K 4C7;04K340, 30E06 5B48:4O D5@<5=B;O@8= BOA8@8 8;O >=;0@K= OB8=4O 18>:8<9O28 ?@>A5A;O@ M548@ 2O 10;K3 :C;8=0@890 5<0;K=40= :5G<O4O= 95<O9O I07K@ >;C@. 0;K3;0@K= BO@:818=4O 3%-O 3O4O@ <8=5@0; <044O;O@ >;C@. C=;0@40= :0;8C<, =0B@8C<, :0;A8C<, <03=578C<, D>AD>@, E;>@, 9>4, 1@><, 4O<8@, <8A, A8=:, :>10;B, <0=30= 2O A. MNABO@<O: >;0@. 0LAK7 10;K3;0@40 (ACD, 4C@=010;KLK) <8=5@0; <044O;O@8= <8340@K 0,9-1,3%, >@B0 90L;K 2O 90L;K 10;K3;0@40 (:F;<O, G0?03, GO:8, EOHO<, =O@O, C7C=1C@C=) 8AO 1,1-1,9%-O 3O4O@48@. 10.5.   + 0E8;8 ACBCB0@;0@40= 2O MN;;O@4O= BCBC;0= O<BOO;8: 10;K3;0@ A0BKH FGF= B860@OB HO1O:O;O@8=O 48@8 I0;40 MOB8@8;8@. 8@8 10;K3 9F:AO: :59D899OB;8 >;C1, >=40= I07K@;0=0= <OIAC;;0@ 404;K, OB8@;8 2O 9F:AO: 3840;K4K@. 8@8 10;K3 BO40@F:F=4O H8@8= AC, :5G868 2O 90@K<:5G8@868 10;K3;0@40=  =O@O, C7C=1C@C=, GO:8, EOHO<, G0?03, =0330, 4010=10;KLK, =0;8<, D>@5;, ACD 2O 10H30 10;K3;0@40= 8AB8D04O 548;8@. 7O@10960=40 O= G>E GO:8 10;KLK 48@8 I0;40 A0BK;K@. 8@8 10;K3 BO40@F:F=4O AF=8 10;K3 95B8H48@O= BOAO@@FD0B;0@ EFACA8 95@ BCBC@. 8@8 10;K3;0@K >2;04K340 4833OB;8 >;<03 ;07K<4K@ :8, >=;0@ O78;<OA8=, A0L;0< >;AC=. %OABO, 7O4O;O=<8H 2O >2 0;OB8=4O= GKE<0L0 6OIB MNABO@O@:O= G>E GK@?K=0= 10;K3;0@ 40HK4K340 BO;OD >;C@. 8@8 10;K3;0@K 40HK<03 FGF= 02B>A8AB5@=;O@4O=, AC =O3;8990BK=40= (?@>@57;O@4O=), 4O<8@ 9>;C=40= 2O 1O78 I0;;0@40 BO990@O;O@4O= 4O 8AB8D04O 548;8@. @>@57;O@4O 10;K3;0@K AC9C= B5<?5@0BC@C=40= 0AK;K >;0@03 3 MF=4O= (18-240!-4O), 10 MF=O (0-100!-4O) 3O4O@ A0E;0<03 >;0@. 0;K3;0@K 40HK4K340 2O 48@8 A0E;04K340 AC40 >:A8M5=8= <8340@K 4,5 <3/;-4O= 07 >;<0<0;K4K@. !C9C= B5<?5@0BC@C 10-120!-4O >;0=40 07 IO@O:OB4O >;0= 10;K3;0@ IO@ 1 :3 :FB;O F7@O A00B40 30 <3, G>E IO@O:OB4O >;0= 10;K3;0@ 8AO 150 <3-0 3O4O@ >:A8M5= BO;O1 548@. !C9C= B5<?5@0BC@C 07 >;4C340 >@040 >:A8M5=8= <8340@K G>E0;K@ 2O 10;KLK= >:A8M5= 8AB5I;0:K 070;4KLK=40= 15;O HO@08B4O 10;K3;0@ 90EHK 30;K@. 0940 A>9C3 A52O= 10;K3;0@K B5<?5@0BC@C 6-80! >;0= AC40, 8AB8A52O= 10;K3;0@K 10-120!-4O, 907 2O ?09K740 C9LC= >;0@03 3-5 2O 5-60!-4O 40HK9K@;0@. O3;8990B B0@0AK=K= N;GFAF=4O= 0AK;K >;0@03 <FEBO;8D FAC;;0@;0 AC9C >:A8M5=;O 7O=M8=;OH48@8@;O@. 0HK=<0 <F44OB8=4O 10;K3;0@K= 2O7899OB8=O =O70@OB 548;8@, :5G8=<8H;O@ 09@K;K@, AC9C= B5<?5@0BC@C 2O >@040:K >:A8M5=8= <8340@K (3 <3/;-4O= 07 >;<0<0;K4K@) 9>E;0=K;K@. O3;8990B40 48@8 10;KLK= 40HK=<0AK=K= G0BKH<090= 6OIOB8 =O3;8990B40= B0< 8AB8D04O >;C=<0<0AK4K@. 'F=:8 40HK=<0 70<0=K 10;KLK= :FB;OA8=4O= 4 4ODO G>E AC MNBF@F;F@. !>= 70<0=;0@ 48@8 10;K3;0@K= ACAC7 40HK=<0AK=40  0=5AB57890, 5;5:B@>=0@:>7, A>9C4C;<CH 2O7899OB4O= (0=018>7), 0=B818>B8:;O@4O= 2O =O< I020 HO@08B8=4O= 8AB8D04O 548@;O@. !C40 <8:@>>@30=87<;O@8= DO0;899OB8=8 4090=4K@<03 <O3AO48;O 0=B818>B8:;O@4O= 8AB8D04O 548;8@. 5;O <FI8B4O 10;K3;0@K= 48@8 30;<0AK 5-8 4ODO 0@BK@. 8@8 10;K3;0@K= 95B8H48@8;<OA8 <N2AF<8 E0@0:B5@ 40HK4KLK FGF= >=;0@K A0BKH 1070;0@K=40 2O <0L070;0@40 A0E;0<03 ;07K< MO;8@. C <O3AO4;O BCBC<C 100-500 B>= >;0= A0;;0@40= 8AB8D04O 548;8@. 0L070;0@40 8AO 48@8 10;KLK 8@8 0:20@8C<;0@40 A0E;09K@;0@. :20@8C<;0@40 HOIO@ 95@8=4O AC BN:<O74O= 30103, AC E;>@40= BO<87;O=<O;848@. 9=8 70<0=40 0:20@8C<40:K AC9C B57-B57 4O98H8@, >:A8M5=;O 7O=M8=;OH48@8@;O@. ;8= 8AB8 20EB;0@K=40 48@8 10;KLK <0L07040 24 A00B, A>9C3 20EB;0@40 48 A00B A0E;0<03 >;0@. 8@8 10;K3 O<BOO A>@BC=0 09@K;<K@. !0BKH0 25@8;O= 48@8 10;KLK= F7MO6;O@8 5;0AB8:8 IO@O:OB 54O=, 3O;AO<O 30?0LK 0IO=M40@ 30;E0=, 4O@8A8 2O ?C;6C3;0@K BO188 @O=M4O, E0@868 AOBI8 7O4OA87 2O ;O:OA87 >;<0;K4K@. '8@:;O=<O, EOABO;8: O;0<OB8 >;<0<0;K4K@. 10.6. !###( + !>9C4C;<CH 10;K3 OB8=8= >=C@L0 AF<F9F=F= 90=K=40:K O7O;O4O B5<?5@0BC@ -10!-4O= +50!-9O 3O4O@ >;<0;K4K@. 0;K3 AO=095A8=4O 10;K3;0@K 18@ 30940 >;0@03 00!-9O 3O4O@ A>9C4C@;0@. -10!-4O= 0H0LK B5<?5@0BC@40 A>9C4C;4C340 10;K3;0@ G>E A>9C4C;<CH (90@K<4>=4C@C;<CH) >;C@. C 70<0= >=;0@K= BO@:818=4O >;0= AC 38A<O= :@8AB0;;0HK@. 0;KLK= 1O4O=8=4O 1C7 :@8AB0;;0@K=K= O<O;O MO;<O9O 10H;04KLK B5<?5@0BC@ :@8>A:>?8: B5<?5@0BC@ 04;0=K@. (8@8= AC40 90H090= 10;K3;0@ FGF= IO<8= B5<?5@0BC@ <O=D8 0,5-4O= <O=D8 0,90!-9O 3O4O@ >;4CLC I0;40, 4O=87 10;K3;0@K FGF= <O=D8 10! 8;O <O=D8 20! 0@0AK=40 >;C@. !>9CB<0 70<0=K 10;KLK= BO@:818=4O D878:8-:8<9O28 4O98H8:;8: 07 M5B4898 FGF=, :59D899OB8=O MN@O 48@8 10;K340= A>=@0 8:8=68 95@8 BCBC@. 0;K3;0@K <O=D8 10!-9O 3O4O@ A>9CB4C340 D5@<5=B;O@8= 2O <8:@>>@30=87<;O@8= DO0;899OB8 =8A1OBO= 7O8D;O98@. 0:8= 10;K3 C7C= <F44OB A>9C4C;<CH I0;40 A0E;0=4K340 E0@01 >;<0L0 10H;09K@. 0;K3;0@ <FEBO;8D FAC;;0@;0 A>9C4C;C@: EK@40 1C7 30@KHKLK=40; A>9C3 4O=87 AC9C=40 2O A>9C3 4C7 <OI;C;C=40. C7 8;O A>9CB<0 40I0 G>E BOB183 >;C=C@. 0:8= 1C FAC;C= G0BKH<090= 6OIOB8 >=40= 810@OB48@ :8, B0@0;0@K= BCBC<C=40= <0:A8<C< 8AB8D04O 548;<8@, 8@8 1C7 B8:O;O@8 GO;;O98= 0H0LK 30BK=40 10;K3;0@K O74898=4O=, >=;0@K= E0@868 MN@F=FHF 4O98H8@. 7O@10960= HO@08B8=4O 8;8= A>9C3 09;0@K=40 1C7C= <8340@K 10;KLK= :FB;OA8=O =8A1OBO= 50-75%, 8AB8 09;0@40 8AO 100% <8340@K=40 MNBF@F;F@. 5;O I0;40 A>9C4C;<CH 10;KLK= 8AB8D04O9O 25@8;<O <F44OB8 3-4 MF=4O= 0@BK3 >;<0<0;K4K@. #7C= 8;;O@8= BO6@F1OA8 MNABO@8@ :8, <O=D8 10!-9O 3O4O@ A>9C4C;<CH 10;K3;0@K <0:A8<C< 10 MF= <F44OB8=4O A0E;0<03 <F<:F=4F@. !>9C4C;<CH 10;K3;0@ O<BOO A>@BC=0 09@K;<K@. !>9C4C;<CH 10;KLK= AOBI8 BO<87, @O=M8 BO188, OB8 1O@:, 3>ECAC =>@<0; >;<0;K4K@. 0@<03;0 10A4K340 O<O;O MO;O= 1>H;C3 4O@I0; 4>;<0;K4K@. O;AO<O;O@8 BF=4-3K@<K7K40= GOI@09K @O=MO 3O4O@, 898 BO7O 10;KL0 <OEACA >;C1, :O=0@ E0@01>;<0 3>ECAC >;<0<0;K4K@. !>9C4C;<CH 10;KLK BCBC<C 80 :3 >;0= B0EB0 95H8:;O@O, 150-250 ; BCBC<;C 3C@C GO;;O:;O@O 10;KLK= :FB;OA8=8= 50%-8 3O4O@ 1C7 B8:O;O@8 AO?<O:;O 301;0H4K@K@;0@. !>9C4C;<CH 10;K3 02B><>18;, 4O<8@ 9>;C 2O AC =O3;8990BK 8;O 40HK=K@. !>9C4C;<CH 10;K3;0@ +50!-4O= <O=D8 10! 0@0AK=40 95-98% =8A18 @FBC1OB4O 7O8D I020 6O@O90=K HO@08B8=4O A0E;0=K;K@. FBN2 10;K3;0@K 8 MF=, 8G0;0BK GKE0@K;<KH;0@K 8AO 12 MF= A0E;0<03 >;0@. 10.7. # ##( + 0;K3;0@K= 4>=4C@C;<0AK  <8:@>18>;>J8 ?@>A5A;O@8= 8=:8H0DK=K= 30@HKAK=K 0;<03 FGF= >?B8<0; HO@08B8= 90@04K;<0AK4K@. O=D8 B5<?5@0BC@40 <8:@>>@30=87<;O@ <OI2 >;<C@, 0=018>7 HO@08B4O 30;K@. 8:@>>@30=87<;O@8= 10;K3 OB8=8 E0@01 5B<OA8, OA0A 5B810@8;O <O=D8 120!-4O :OA8;8@. $5@<5=B;O@8= G>EC=C= DO0;;KLK 00!-4O 070;K@. $5@<5=B;O@ <O=D8 B5<?5@0BC@0 4020<;K4K@. @>B5>;8B8: D5@<5=B;O@ N7 DO0;899OB8=8 -18 ( -100!-4O 4090=4K@K@, ;0:8= ;8?070 D5@<5=B8 DO0;;KLK=K 07 40 >;A0 IO<8= B5<?5@0BC@40 A0E;09K@. -120!-4O 10;K3 90LK >:A84;OH8@, 10;KLK= AOBI8=4O A0@K<BK;-3K@<K7K ;O:O;O@ O<O;O MO;8@. 0;K3 90LK=K= 1O78 D@0:A890;0@K=K= >:A84;OH<OA8=8= 30@HKAK, 0=603 <O=D8 25-300! B5<?5@0BC@40 0;K=K@. >=4C@<0  10;KLK= :>=A5@2;OH48@8;<OA8=8= OA0A FAC;C4C@. >=4C@C;<CH 10;K3 OB8=8= >=C@L0 AF<F9F=F= 90=K=40:K O7O;O4O B5<?5@0BC@ -80!-4O= 0H0LK >;C@. 0;K3;0@K BO188 A>9C3 I02040, 4C7 2O 1C7 30@KHKLK=40, A>9C3 <OI;C;40, :0@1>= 307K 2O 07>B <OI;C;C=40, AF=8 A>9C3 I02040 4>=4C@C@;0@. C 70<0= D5@<5=B0B82 2O <8:@>18>;>J8 ?@>A5A;O@8= 4090=<0AK =OB86OA8=4O 10;KLK= :59D899OB8 C7C= <F44OB 4O98H<O7 30;K@. >=4C@C;<CH 10;KLK= :59D899OB8 <FI8B8= B5<?5@0BC@C=40= 2O 4>=4C@<0 FAC;C=40= 0AK;K4K@. -25 ( -400!-4O B57 4>=4C@<0 O7O;O B>EC<0AK=40 EK@40 1C7 :@8AB0;;0@K=K= O<O;O MO;<OA8=O AO1O1 >;C@. C 70<0= A0@:>;5<<0 7O4O;O=<8@ 2O B>EC<0 H8@OA8=4O 8B:8 6F78 >;C@. -10 ( -150!-4O 9020H 4>=4C@<040 O7O;O ;8D;O@8=4O 2O >=;0@K= 0@0AK=40 A0@:>;5<<0=K 7O4O;O9O= 8@8 1C7 :@8AB0;;0@K O<O;O MO;8@. )F659@O H8@OA8=8= 18@ I8AAOA8 IF659@O;O@ 0@0AK 1>H;CL0 :5G8@ 2O 10;KLK= 4>=C 0GK;0@:O= 8B:8 G>E0;K@. 0;K3;0@ B57 4>=4C@C;C1 BO4@86O= 4>=C 0GK;4K340 9F:AO: :59D899OB;8 <OIAC; O;4O 548;8@. <0; FAC;C=40= 0AK;K >;0@03 4>=4C@C;<CH 10;K3  1FBN2 I0;40, 10HK :OA8;O@O: 90@K;<KH, 10HK :OA8;<O4O= 90@K;<KH, EFACA8 5<0; 548;<8H, B8:O I0;K=40 2O 10;K3 D8;5A8 1C@0EK;K@. !F=8 A>9C3 I02040 4>=4C@<0 M5=8H 909K;<KH 2O C=825@A0; FAC;;0@40=4K@. C FAC; 8;O IO@ I0=AK D>@<040 2O N;GF4O 10;K3;0@K BO:-BO: 2O 90 1;>: D>@<0AK=40 4>=4C@C@;0@. !>9C3 I02040 4>=4C@<0=K= 10H;K60 <FA1OB 6OIOB;O@8=4O= 18@8 10;K3;0@K= D>@<0 2O @O=M;O@8=8= 4O98H<O<OA8, 10H30 404 2O 89 25@<O<OA848@. !F=8 A>9C3 I02040 4>=4C@C;<CH 10;K3;0@K= 3840;K;K3 4O9O@8 9F:AO: >;C@. 0<5@040 -30 ( -400! B5<?5@0BC@ 90@04K;K@, 10;K3;0@K= O7O;OA8=8= 30;K= 95@8=4O -180! B5<?5@0BC@ 90@0=0=0 3O4O@ 4>=4C@C;C@. %K@40 10;K3;0@ 8-16 A00B0, 8@8?C;6C3;C 10;K3;0@ 18-36 A00B0, =O@O:8<8;O@ 0AK;K 2O7899OB4O 36-72 A00B <F44OB8=4O 4>=C@. >=4C@C;<CH 10;K3;0@K= (=O@O:8<8;O@, 3K7K;10;K3 2O 10H30 389<OB;8 10;K3;0@K=) AOBI8=8 1C7;0 N@BF@;O@. C <O3AO4;O 4>=<CH 10;K3;0@K 2-3 A0=89O O@78=4O B5<?5@0BC@C 1-20! >;0= AC90 A0;K1 GKE0@K@ 2O -120!-4O A0E;09K1 4>=4C@C@;0@. 0;KLK= AOBI8=4O =078: 1C7 BO1O3OA8 (3;07C@) O<O;O MO;8@. 5;O 5B48:4O 10;K3 OB8=4O 90LK= >:A84;OH<OA8=8= 30@HKAK 0;K=K@, 10;K3;0@K= AOBI8 BO<87 30;K@ 2O <5E0=8:8 7O@1O;O@4O= 3>@C=C@; 10;K3;0@K= :FB;OA8 070;<K@; A0E;0=K;<0 <F44OB8 048 4>=4C@C;<CH;0@0 =8A1OBO= 2 09 0@BK@. C7 N@BF9F=F= 30;K=;KLK 2-3 <<, :FB;OA8 8AO 10;KLK= :FB;OA8=8= 4%-4O= 07K=K BOH:8; 5B<O;848@. >=4C@C;<CH 10;K3;0@ -100!-4O= 9CE0@K >;<090= B5<?5@0BC@40 301;0H4K@K;K@. !>9C3 <OI;C;40 4>=4C@<0 <O3AO48;O 0; <OI;C;C=40= 8AB8D04O 548;8@. %N@O: 4C7C=C= 22%-;8 <OI;C;C -21,20! B5<?5@0BC@ 90@04K@. 0;K3;0@K A>9C3 <OI;C;40 4>=4C@<0340 OA0A <O3AO4 4>=4C@<0 AF@OB8=8 0@BK@<034K@. OI;C;;0@40 10;K3;0@K 8:8 FAC;;0 4>=4C@C@;0@. 0;KLK A>9C3 <OI;C;0 A0;K@;0@; 0;K3;0@K <5B0; 2O 90 @578= 301;0@0 9KL0@03 A>9C3 <OI;C;0 A0;K@;0@. 8@8=68 FAC;40 10;K3;0@ N;GFAF=4O= 2O :8<9O28 BO@:818=4O= 0AK;K >;0@03, >=;0@K= 4>=<0 <F44OB8 20 4O383O4O= 3 A00B0 3O4O@ GO:8@. C FAC;C= G0BKH<090= 6OIOB8 >=40= 810@OB48@ :8, 10;K3;0@ 4>=4C@C;<03;0 1O@01O@ IO< 4O 4C7;0=K@. C7C= <8340@K 10;KLK= AOBI8=4O 2%, OB8= FAB 30BK=40 1%-O 3O4O@ >;C@. 0;K3;0@ -90!-9O 3O4O@ 4>=4C@C;C@ 2O IO<8= B5<?5@0BC@40 40 A0E;0=K@. 0:8= 10;KLK= AOBI8=4O >;0= 4C7;C3 <O=D8 21,20!-4O 4>=4CLC FGF=, 10;K3 408<0 =O< 30;K@, =OB86O4O 10;K3 OB8 9C<H0;K@ 2O 4C7;C 10;K3 898 25@8@. C=C= 30@HKAK=K 0;<03 FGF= O;02O >;0@03 EFACA8 5<0;40= :5G8@8;8@. 0;K3;0@K= :0@1>= 307K (2) 2O 07>B <OI;C;C=40 (2) 4>=4C@C;<0AK FGF= EFACA8 3C@LC 3C@0H4K@K;K@. C 3C@LC;0@ G>E A04O >;C1, 4>=4C@<0=K 9F:AO: AF@OB;O 0?0@<0L0 8<:0= 25@8@. 'F=:8 :0@1>= 307K 2O 07>B >;4C360 0H0LK B5<?5@0BC@40 1CE0@;0=K@. 1 0B< BO79834O :0@1>= 307K -78,50!-4O, 07>B <OI;C;C 8AO -195,60!-4O 309=090@03 1CE0@;0=K@. 0;KLK 1C 6F@ A>9C3 1CE0@ 8GO@8A8=O A0;4K340 B57 18@ 70<0=40 4>=C@. )O<8= <044O;O@8= 9598=B8 <OIAC;;0@K=0 I5G 18@ B>:A8:8 BOA8@8 >;<04KLK=K =O7O@O 0;A03 1C FAC; O= O;25@8H;8 2O ?5@A?5:B82 4>=4C@<0 FAC;C4C@. >=4C@C;<CH 10;K3;0@K= :59D899OB8 >=;0@K= E0@868 MN@F=FHF, :>=A8AB5=A890AK, 5<0;K 2O 898=O MN@O <FO99O= 548;8@. 59D899OB8=4O= 0AK;K >;0@03 4>=4C@C;<CH 10;K3;0@ 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@;0@. %K@40 10;K3;0@, 1O78 >:50= 10;K3;0@K 2O EFACA8 5<0; 548;<8H 10;K3;0@ A>@B;0@0 09@K;<K@. 8@8=68 A>@B0 084 4>=4C@C;<CH 10;K3;0@K= 6O<4O98 1FBN2 2O BO188, @O=M8 094K= >;<0;K, 10;K3;0@ 4F7MF= 90@K;<0;K, 4>=C 0GK;4K340= A>=@0 1O@: >;<0;K, 3>ECAC =>@<0; >;<0;K4K@. :8=68 A>@B 10;K3;0@ 38A<O= O78;<8H, A>;LC= 2O 0706K3 7O4O;O=<8H, 359@8-4F7MF= 90@K;<KH 2O 0706K3 9C<H0;<KH, 3O;AO<O;O@8 BC@H 3>EC;C 2O 4>=C 0GK;4K340= A>=@0 AOBI8 A5;8:;8 >;0 18;O@. >=4C@C;<CH 10;K3;0@K IO6<8 80 :3-0 3O4O@ >;0= B0EB0 95H8:;O@O, IO6<8 60 :3-0 3O4O@ >;0= :OB0= 2O 6CB40= B>EC=<CH :8AO;O@O, IO6<8 40 :3-40= 0@BK3 >;<090= :0@B>= 3CBC;0@0, AC 1C@0E0= 2O IO6<8 150-200 ; >;0= GO;;O:;O@O, BCBC<C 1 :3-0 3O4O@ >;0= :0@B>= 3CBC;0@0 2O A8=B5B8: ?O@4O;O@4O= I07K@;0=<KH ?0:5B;O@O 301;0H4K@K@;0@. !OBI8 1C7;0 H8@O;O=<8H 10;K3;0@K B0EB0 2O :0@B>= 95H8:;O@O 301;0H4K@K@;0@. F:AO: :59D899OB;8 10;K3;0@K (3K7K;10;K3, =5;<0, A5<30, 0L10;K3) BO:-BO: ?5@30<5=BO, A5;;>D0=0 1F:F@, A8=B5B8: ?O@4O4O= :8AO;O@O 9KLK@ 2O B0EB0 95H8:;O@O 301;0H4K@K@;0@. %K@40 10;K3;0@K 2O 1;>: D>@<0AK=40 4>=4C@C;<CH 10;K3;0@K :0@B>= 95H8:;O@O 301;0H4K@K@;0@. 0;K3;0@ I0=AK B5<?5@0BC@0 3O4O@ 4>=4C@C;<CHA0, > B5<?5@0BC@40 40 A0E;0=<0;K4K@. &<C<899OB;O, 4>=4C@C;<CH 10;K3;0@K -180!-4O 85-90% =8A18 @FBC1OB4O 40HK9K@ 2O A0E;09K@;0@. 0:8= C7C= <F44OB A0E;0<03 FGF= 0=10@40 -250!-4O= 0H0LK B5<?5@0BC@ 90@0B<03 ;07K<4K@. >=4C@C;<CH 10;K3;0@K -100!-4O 1-2 09, -180!-4O >@B0 I5A01;0 4-6 09, -250!-4O 8AO 6-8 09 A0E;0<03 <F<:F=4F@. C7;0 H8@O;O=<8H 10;K3;0@ 048 4>=4C@C;<CH 10;K3;0@40= 1-2 09 G>E A0E;0=K;K@. 0L07040 4>=4C@C;<CH 10;K3;0@K -5 ( -60!-4O 14 MF=, 00!-9O 90EK= B5<?5@0BC@40 8AO 2-3 MF= A0E;0<03 >;0@. 10.8. #+( + /)!# + 0;K3;0@K= EN@O: 4C7C 8;O :>=A5@2;OH48@8;<OA8=4O= 4C7;C 10;K3 <OIAC;;0@K O;4O 548;8@. C7;0<0 A04O B5E=>;>J8 FAC;4C@. C7;0<0 O<O;8990BK 18@ AK@0 10;K3 <OIAC;;0@K (I8AO 25@8;<8H, 3C@C4C;<CH, 30E06 548;<8H 2O A.) 8AB5IA0;K=40 40 20681 >;0= ?@>A5A;O@4O= 18@848@. 0:8= 4C7C= 0@BK3 <8340@K (26%-O 3O4O@) 4C7;0=<KH 10;KLK= :59D899OB8=O <O=D8 BOA8@ MNABO@8@. <0; FAC;C=40= 0AK;K >;0@03 4C7;0=<KH 10;K3;0@ 1FBN2 (90@K;<0<KH), F7MO6;O@8 :OA8;<8H, 90@K<:OA8;<8H (3O;OAO<O;O@8 2O 8G0;0BK 38A<O= @O44 548;<8H), 10HK FABF=4O 8G0;0BK BO<87;O=<8H, 10HK :OA8;81 8G0;0BK BO<87;O=<8H, 6O<4O:, B8:O 2O 48;8< HO:;8=4O I07K@;0=K@. C7;0=<KH 10;K3;0@ O;02O;O@4O= 0AK;K >;0@03 048 4C7;C, H8@8= 4C7;C, O42899O;8  4C7;C, A8@:O;8-4C7;C (<0@8=04;K) 10;K3 <OIAC;;0@K=0 09@K;K@. C7;0<0  >A<>B8:-48DDC7890 ?@>A5A8 >;C1, =OB86O4O 4C7 10;KLK= B>EC<0;0@K=0 :5G8@, 10;K340:K AC 8AO 9F:AO: >A<>B8: BO7983;O >=40 IO;; >;0= <044O;O@;O 18@;8:4O 09@K;K@. 0H 25@O= <F@O::O1 D878:8-:8<9O28 2O 18>:8<9O28 ?@>A5A;O@ 10;KLK= :FB;OA8=4O 2O >=C= BO@:818=4O:8 <044O;O@4O, 18@8=68 =N21O4O 7F;0; 2O 90L40 4O98H8:;8: O<O;O MOB8@8@. C7C= BOA8@8=4O= 10:B5@80; IF659@O;O@4O ?;07<>;87 10H 25@8@ 2O 10:B5@890;0@ <OI2 >;C@. 0;KLK= O7O;O 7F;0;;0@K=K= 4C7;0 30@HK;K3;K BOA8@8=4O= ?5?B84 O;03O;O@8=8= E0@0:B5@8 4O98H8@ 2O >=;0@ 1O78 <8:@>>@30=87<;O@O 30@HK 4020<;K >;C@;0@. 8340@60 4O98H8:;8:, 4C7;0<0 FAC;C=40=, 4C7C= <8340@K=40=, 4C7;CLC= :>=A5=B@0A890AK=40=, 4C7;0<0 <F44OB8 2O B5<?5@0BC@40= 0AK;K4K@. C7;0<0 =OB86OA8=4O EN@O: 4C7C O;02O 548;<OA8=O 10E<090@03, 10;KLK= 8;: :FB;OA8 <8340@60 070;K@. =0 MN@O 4O 4C7;0<040= A>=@0 I07K@ <OIAC; GKE0@K <FO99O= 548;8@. 0;K340= 09@K;0= AC9C= <8340@K, >=C= 40E8;8=O :5GO= 4C7C= <8340@K=40= 2 4ODO G>E >;4CLC=40=, I07K@ <OIAC;, 4C7;0<0 FAC;C=40= 0AK;K >;0@03 N7 :FB;OA8=8 8-20% 070;4K@. /7O;O B>EC<0AK=K= D5@<5=B;O@8=8= 2O <8:@>D;>@0=K= D5@<5=B;O@8=8= BOA8@8 8;O 7F;0;8 <044O;O@ 40I0 A04O 18@;OH<O;O@O ?0@G0;0=K@. 0L 38A<O= I84@>;87 >;C=C@, >:A84;OH8@ 2O =OB86O4O AO@1OAB 90L BC@HC;0@K=K= <8340@K 0@BK@. )07K@ 4C7;0=<KH 10;KLK= O7O;O B>EC<0AK H8@O;8, 7O@8D >;C@, AF<F:4O= 0A0= 09@K;K@ 2O A?5A8D8: 404 2O OB8@ :OA1 548@. FBF= 1C ?@>A5A;O@ 4C7;C 10;KLK= 95B8H<OA8 04;0=K@. !89O=O:, 3K7K;10;K3, 0=G>CA;0@, A:C<1@890 2O 1O78 10;K3;0@ 4C7;0<0 ?@>A5A8=4O IO< 4O 95B8H8@;O@. 5B8H<8H 10;K3;0@ :C;8=0@890 5<0;K=40= :5G8@8;<O4O= 8AB5I;0:0 90@0@;K >;C@;0@. 0;K3;0@K 3 FAC;;0 4C7;09K@;0@: 3C@C 4C7;0<0; 4C7 <OI;C;C=40 4C7;0<0 2O 90 90H 4C7;0<0; 30@KHK3 4C7;0<0. C@C 4C7;0<040 1FBN2 2O 90 5<0; 548;<8H 10;K3;0@K <FO99O= <8340@ 3C@C 4C7;0 30@KH4K@K@, 6O@MO 8;O GO=;O@O, GO;;O:;O@O 2O 10H30 301;0@0 9KLK;K@. C FAC;40 10;KLK= AC9C G>E 09@K;K@, G>E 4C7;C 2O 0H0LK :59D899OB;8 <OIAC; O;4O 548;8@. C7 <OI;C;C=40 (90H) 4C7;0<040 10;K3;0@K O22O;6O 1,2 3/A<3 30BK;K340 I07K@;0=<KH 4C7 <OI;C;C=0 A0;K@ 2O 4C7;0=0=0 :8<8 IO<8= <OI;C;40 A0E;09K@;0@. 0H 4C7;0<0 FAC;C EK@40 10;K3;0@K= 4C7;0=<0AK=40, 8AB8 I8A;O<O, A8@:O9O 3>9<0 2O :>=A5@2 8AB5IA0;K=40 8AB8D04O >;C=0603 10;K3;0@K= 4C7;0=<0AK=40 BOB183 >;C=C@. 0@KHK3 4C7;0<040 10;KLK 59=8 20EB40 IO< 3C@C 4C7;0 2O IO< 4O 4C7 <OI;C;C=40 4C7;09K@;0@. C <O3AO4;O GO=8= 4818=O 4>9<CH EN@O: 4C7C <OI;C;C BN:F@ 2O 10;K3;0@K 3C@C 4C7;0 4C7;090@03 GO=O 9KLK@;0@. OB86O4O 4C7;0<0 B57 10H0 G0BK@, 10;K3 1O@01O@ 4C7;0=K@, 90LK= >:A84;OH<OA8=8= 30@HKAK 0;K=K@, E0<<0; N7 :FB;OA8=8 07 8B8@8@ 2O I07K@ <OIAC;C= :59D899OB8 90EHK >;C@. C FAC;;0 90L;K 2O ?C;6C3;0@K AKE >;0= 10;K3;0@K 4C7;09K@;0@. "5<?5@0BC@ HO@08B8=4O= 0AK;K >;0@03 4C7;0<0 8AB8, A>9C3 2O A>9C4C;<CH >;C@. AB8 4C7;0<040 10;K3 A>9C4C;<C@ 2O 4C7;0<0 A>9C4C;<090= A5E;O@4O 0?0@K;K@. AB8 4C7;0<0 907 2O ?09K7 09;0@K=40 EK@40 2O B57 4C7;0=0= 10;K3;0@K= 4C7;0=<0AK=40 BOB183 548;8@. !>9C3 4C7;0<040 E0<<0;K 4C7;0<040= O22O; 50!-9O 3O4O@ A>9C4C@ 2O 4C7;0<0 ?@>A5A8 B5<?5@0BC@C 0-70! >;0= :0<5@0, 0=10@ 2O A>9C4C6CE0=0;0@40 0?0@K;K@. !>9C4C;<CH 4C7;0<0 -1 ( -40!-4O 4>=4C@C;<CH 10;K3;0 0?0@K;K@. @8 2O 90L;K 10;K3;0@K 1C7 2O 4C7 30@KHKLK=40 -2 ( -40! B5<?5@0BC@40 4>=4C@4C340= A>=@0 A>9C3 18=0;0@40 4C7;09K@;0@. )07K@ <OIAC; H8@O;8, 07 4C7;C 2O 7O@8D :>=A8AB5=A890;K >;C@. C7;0<0 30@KHKLK=K= BO@:818=4O= 0AK;K >;0@03 048 (90;=K7 EN@O: 4C7C MNBF@F;F@), H8@8= (4C70 10-25% HO:O@ O;02O 548;8@) 2O O428990B;K (4C70 HO:O@ 2O O428990B O;02O 548;8@) 4C7;0<0 DO@3;O=48@8;8@. "F=4 4C7;C 10;K3 <OIAC;C 0;<03 FGF= E0<<0;K= :FB;OA8=O =8A1OBO= 35-45%, >@B0 2O 7O8D 4C7;C <OIAC; FGF= 8AO 25-30% 4C7 MNBF@F;F@. 0;K3 OB8=4O >;0= 4C7C= <8340@K=0 MN@O 4C7;0=<KH 10;K3;0@ 3 3@C?0 09@K;K@: 7O8D, >@B0 2O BF=4 4C7;C 10;K3 <OIAC;;0@K. O8D 4C7;C <OIAC;40 4C7C= <8340@K 7-10%, >@B0 4C7;C;0@40 10-14% 0@0AK=40, BF=4 4C7;C;0@40 8AO 14%-4O= G>E >;C@. B;0=B8: 2O !0:8B >:50= A89O=O:;O@8 90L;K;KLK=0 MN@O 90L;K (12%-4O= G>E) 2O 07 90L;K (12%-4O= 07) >;C@. C7;0=<KH A89O=O:;O@ :59D899OB8=4O= 0AK;K >;0@03 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@. 1-68 A>@B 4C7;C A89O=O:;O@8= AOBI8 BO<87, 9C<H03, H8@O;8, AKE :>=A8AB5=A890;K, =>@<0; A89O=O: 404 2O 898=4O= :O=0@;0H<0 >;<0<0;K4K@. 2-68 A>@B 4C7;C A89O=O:;O@8= AOBI8=4O ;O:O;O@, 4O@8 0;BK=40 OBO :5G<O9O= A0@0;<0 (90L;0@K= >:A84;OH<OA8 =OB86OA8=4O) >;0 18;O@. >=A8AB5=A890AK 1O@: 3C@C 2O 7O@8D, >:A84;OH<8H 90L 898 2O 3O;AO<O;O@8=4O BC@HC<CH 89 >;0 18;O@. =G>CA 2O EK@40 A89O=O:;O@ (#703 (O@3 0=G>CAC, EO<A8, A0;0:0, :8;:O, B9C;:0 2O EK@40 A89O=O:;O@) :59D899OB8=4O= 0AK;K >;0@03 1-68 2O 2-68 A>@B0 09@K;K@. C7;0=<KH #703 (O@3 3K7K; 10;KLK 7O8D 4C7;C (6-10%) 2O >@B0 4C7;C (10-14%) 8AB5IA0; 548;8@. 59D899OB8=4O= 0AK;K >;0@03 1-68 2O 2-68 A>@B0 09@K;K@. C7;0=<KH >:50= AB02@840AK 2O A:C<1@890 40 1-68 2O 2-68 A>@B0 09@K;K@. /428990B;K-4C7;C 10;K3 8AB5IA0;K=40 8AB8D04O >;C=0= HO:O@ 2O O428990B <OIAC;0 A?5A8D8: 404 2O OB8@ 25@8@. C <O3AO4;O :8;:O, EO<A8, A89O=O:, A0@48=0 (820A8), A:C<1@890, AB02@840, BC3C= 2O 10H30 10;K3;0@40= 8AB8D04O 548;8@. /428990B;K-4C7;C :8;:O I07K@;04K340 100 :3 10;KL0 13,1 :3 4C7, HO:O@ 2O O428990B 30@KHKLK, > 6F<;O4O= 12 :3 4C7, 0,445 :3 HO:O@, 5;O6O 4O @5A5?B OA0AK=40 30@0 8AB8>B, OB8@;8 8AB8>B, 40@GK=, <8EO:, :5H=8H B>EC<C, 4OD=O 90@?0LK, <CA:0B 6N2F7F, <CA:0B G8GO98, 7O=6OD8; O;02O 548;8@ 2O 30@KH4K@K;K@. /428990B 5;O A5G8;8@ :8, >=;0@ 18@ 95@4O E>H0 MO;O= 1C:5B BOH:8; 5BA8=. /428990B;K-4C7;C 10;K3;0@ 7O8D 4C7;C (6-9% 4C7), >@B0 4C7;C (12%-O 3O4O@ 4C7), 8-12% 4C7;C EK@40 A89O=O: 2O 0=G>CA 10;K3;0@K, 8-9% 4C7;C A0940, A0@48=0, <>920, >:50= A:C<1@890AK 2O AB02@840AK 8AB5IA0; 548;8@. %O<A8 10;KLK=40 90L 15%-4O=, <>920 10;KLK=40 8AO 6,5%-4O= 07 >;<0<0;K4K@. 0H30 O428990B;K-4C7;C 10;K3;0@40 90LK= <8340@K =>@<0;0H4K@K;<K@. /428990B;K-4C7;C 10;K3;0@ BCBC<C 50 :3-0 3O4O@ >;0= AC 1C@0E<090= GO;;O:;O@O, BCBC<C 5 :3-0 3O4O@ >;0= BO=O:O 10=:0;0@0 301;0H4K@K;K@. /428990B;K-4C7;C 10;K3;0@K 20!-4O= -60!-9O 3O4O@ B5<?5@0BC@40 A0E;09K@;0@. 0@8=04;K (A8@:O9O 3>9C;<CH) 10;K3 4C7, HO:O@, A8@:O BC@HCAC 2O O428990B 8;O 5<0; 548;<8H 45;8:0B5A <OIAC;4C@. C FAC;;0 :>=A5@2;OH48@<O=8= <0I899OB8 >=40= 810@OB48@ :8, <FI8B4O 1-1,2% A8@:O BC@HCAC >;4C340 GF@F4F6F <8:@>1;0@ 8=:8H0D 54O 18;<8@. =0 MN@O 4O <0@8=04;K 10;K3 I07K@;04K340, 10;KLK= FABF=O BO@:818=4O 8-12% 4C7 2O 4-6% A8@:O >;0= <0@8=04 BN:F;F@. (O:O@-O428990B 30@KHKLK 10;K3;0@ GO;;O9O 9KLK;4K340 30B;0@K= 0@0AK=0 AO?8;8@. /428990BK= 2O HO:O@8= <8340@K O428990B;K-4C7;C 10;K340 >;4CLC :8<848@. 0;K3;0@ IO6<8 100 :3-40= G>E >;<090= GO;;O:;O@O, IO6<8 3 :3-40= 0@BK3 >;<090= BO=O:O 10=:0;0@0 2O 1 :3-40= 0@BK3 >;<090= HFHO 10=:0;0@0 9KLK;K@. 0;KLK= F7O@8=O BN:F;O= <0@8=04K= <8340@K GO;;O:4O:8 10;KLK= 10-15%-=8 BOH:8; 5B<O;848@. OIAC;C 95B8H<O: FGF= +5 ( -20! B5<?5@0BC@40 15-20 MF= (A89O=O:;O@8) A0E;09K1 95B8H48@8@;O@. )07K@ <OIAC;C= 7O8D 4C7;CAC=40 4C7C= <8340@K 6-9%, >@B0 4C7;C40 9-12%-48@. !8@:O BC@HCAC=C= <8340@K 0,8-1,2%-48@. 0@8=04;K 10;KLK= AOBI8 BO<87, =O<;8, ?C;6C3AC7, @O=M8 BO188 10;KL0 <OEACA >;<0;K4K@. 0@=K 2O 4O@8A8 0760 6K@K;<KH >;0 18;O@. /B8 9C<H03 2O H8@O;8, E>H0 MO;O= 89;8 >;<0;K4K@. C7;0=<KH 10;K3;0@K= A0E;0=<0 <F44OB8 10;KLK= =N2F=4O=, 90L;K;KLK=40= 2O 10;KLK= O7O;O B>EC<0AK=40:K 4C7C= <8340@K=40= 0AK;K4K@. O8D 4C7;0=<KH A89O=O: 10;KLK GO;;O:4O 4C7;C3 8GO@8A8=4O, -4 ( -60!-4O 6 09 A0E;0=0 18;O@, BF=4 4C7;0=<KH <OIAC; 0 ( -20!-4O 10 09, 30;0= 4C7;C 10;K3;0@ 1 0940= 8 090 3O4O@ A0E;0=K;0 18;O@. 0@8=04;K A89O=O98 -60!-4O 4 090 3O4O@ A0E;0<03 >;0@. 8A18 @FBC1OB 85-90% IO448=4O >;<0;K4K@. 0L07040 GO;;O9O 301;0H4K@K;K1 4C7;0=<KH 10;K3;0@K= A0E;0=<0 <F44OB8 -6 ( -80!-4O 21 MF=, <O=D8 3-50!-4O 14 MF=, <O=D8 10!-4O 10 MF=, <FA1OB 4-60!-4O 7 MF=4F@. C@C FAC;;0 4C7;0=K1 95H8:;O@O 301;0H4K@K;<KH 10;K3;0@K= A0E;0=K;<0 <F44OB8 <O=D8 6-80!-4O 14 MF=, <O=D8 3-60!-4O 7 MF=, <O=D8 10!-4O 3 MF=4F@. 10.9. # ###( / % ( +  C@C4C;<CH 2O 30E06 548;<8H 10;K3;0@K I07K@;0<03 FGF= O22O;6O 10;K3;0@ 4C7;0=K@, A>=@0 BO@:818=4O AC9C= 18@ I8AAOA8 1CE0@;0=4K@K;<03;0 3C@C4C;C@. C@C4C;<CH 10;K340= 8AB8D04O 5B48:4O, >=C O22O;6O 8A;04K@ 2O A>=@0 :C;8=0@890 5<0;K=40= :5G8@8@;O@. 0E06 548;<8H 10;K3 <OIAC;;0@K 8AO O;02O :C;8=0@890 5<0;K=0 5IB8906K >;<090= I07K@ 3840 <OIAC;C4C@. 'F=:8, 3C@C4C;<CH 10;K3;0@40= DO@3;8 >;0@03, 30E06 548;<8H 10;K3;0@40 59=8 70<0=40 95B8H<O M548@, =OB86O4O E0<<0;0 E0A >;0= G89 89 8B8@, O2O78=4O E>H0MO;O= OB8@;8 2O 404;K <OIAC; 0;K=K@. C@C4C;<CH 10;K3;0@  90@K<D01@8:0B >;C1 3840 FGF= 8AB8D04O >;C=<0740= O22O; <FB;O3 O;02O :C;8=0@890 5<0;K=40= :5G8@8;<O;848@. 8@ 30940 >;0@03, 3C@CB<03 FGF= 0@K3 (90LAK7) 10;K3;0@ MNBF@F;F@, GF=:8 90L;K 10;K3;0@K= 3C@C4C;<0AK 70<0=K 90L;0@K= >:A84;OH<OA8 =OB86OA8=4O <OIAC;C= :59D899OB8 0H0LK 4FHF@. (8<0; @09>=;0@40 B@5A:0, ?8:H0, A09@0; 48MO@ @09>=;0@40 A=5B>:, C:;59:0, :>@9CH:0, 9>@H, 4C@=01K;KLK, <8=B09 2O 10H30 10;K3;0@ 3C@C4C;C@. 0;K3;0@K= 3C@C4C;<0AK I020=K= B5<?5@0BC@C, =O<;898 2O AF@OB8 8;O O;03O40@4K@. )020=K= B5<?5@0BC@C 2O IO@O:OB8 0@B4K360, 10;KLK= 3C@C<0AK AF@OB;O=8@ 2O O7O;O B>EC<0AK=40 AC 070;K@. 0;K3;0@K BO188 I020 HO@08B8=4O, 0H0LK (A>9C3 FAC;) 2O 9F:AO: (8AB8 FAC;) B5<?5@0BC@40, 20:CC<40 (AC1;8<0A890 FAC;C) 3C@C4C@;0@. !>9C3 FAC;;0 3C@CB<0 BO188 2O AF=8 8AB8;8:4O 20-400! B5<?5@0BC@40 0?0@K;K@. C FAC;;0 3C@C4C;<0 8-10 MF= 4020< 548@. AB8 FAC;;0 3C@C4C;<0 EFACA8 :>=AB@C:A890;K 3C@C4C6C H:0D;0@40, O22O;6O 135-1750!-4O, A>=@0 90-1000! B5<?5@0BC@40 3-4,5 A00B <F44OB8=O 0?0@K;K@. "O188 3C@CB<040= DO@3;8 >;0@03 9F:AO: B5<?5@0BC@40 3C@C4C;<CH 10;K3 <OIAC;;0@K=K= BO@:818=4O AC9C= <8340@K =8A1OBO= 0H0LK >;C@. C 40 >=C= C7C= <F44OB A0E;0=K;<0AK=0 8<:0= 25@8@. F:AO: B5<?5@0BC@40= A=5B>:, :>@9CH:0 2O 48MO@ EK@40 10;K3;0@K= 3C@C4C;<0AK=40 8AB8D04O 548;8@. !C1;8<0A890 FAC;C 8;O 3C@CB<0=K= <0I899OB8 >=40= 810@OB48@ :8, 4>=4C@C;<CH 10;K3;0@ AC1;8<0B>@0 9KLK;K@, >@040 BO7983 0,7-1,5 << 682O AFBC=C=0 3O4O@ 070;4K;K@ 2O B5<?5@0BC@ -220!-4O= 9F:AO: >;<C@. 5;O HO@08B4O AC 1C7 I0;K=40=, <095 D070=K 90= 1C@0E0@03, 18@10H0 1CE0@ I0;K=0 :5G8@ 2O AC1;8<0B>@40= AC 1CE0@K EFACA8 =0A>A;0@ 20A8BOA8;O A>@C;C@. !C1;8<0A890 FAC;C 8;O 3C@C4C;<CH 10;K3;0@ O22O;:8 404K=K, @O=M8=8 2O 898=8, 5;O6O 4O 28B0<8=;O@8=, D5@<5=B;O@8= 2O 7F;0;;0@K=, 45<O: >;0@ :8, I0<KAK=K >;4CLC :8<8 4O98H<O4O= A0E;09K@;0@. 0;K3;0@ <OA0<O;8-?>@;C 3C@C;CH0 <0;8: >;C@, ;0:8= 8A;04K;4K340 2O 18H8@8;48:4O N7 O22O;:8 404K=K 2O :>=A8AB5=A890AK=K 1O@?0 548@;O@. 0;K3;0@ 4C7AC7 2O 4C7;0=K1 3C@C4C;C@. C7AC7 3C@C4C;<CH 10;K3 <OIAC;;0@K 8AB5IA0;K=40 90LAK7 B@5A:0, ?8:H0 (AB>:D8:A), A09@0, ACD, 4C@=010;KLK, 9>@H, E0=K, <8=B09 2O 10H30 0@K3 10;K3;0@40= 8AB8D04O >;C=C@. 0;K3;0@K BO@:818=4O 20%-O 3O4O@ AC 30;0=0 :8<8 3C@C4C@;0@. C@C4C;<CH 10;KLK= AOBI8 BO<87, 094K=, :>=A8AB5=A890AK AKE 2O >2C;<090=, E>H0MO;O= 10;K3 89;8 >;<0;K4K@. C7;0=K1-3C@C4C;<CH 10;K3 <OIAC;;0@K=0 A>9C3 FAC;;0 3C@C4C;<CH B@5A:0, ?8:H0, A09@0 (:;8=D8:A), 4C@=010;KLK, ACD 2O 1.; 8AB8 FAC;;0 3C@C4C;<CH;0@0 A=5B>:, C:;59:0, ?5A:0@, 1KG:8, 9>@H, :>@9CH:0 2O 1. 10;K3;0@ 08448@. 0;K3;0@K BO@:818=4O 38%-O 3O4O@ AC 30;0=0 :8<8 3C@C4C@;0@. C7;0=K1 3C@C4C;<CH 10;K3;0@ :59D899OB8=4O= 0AK;K >;0@03 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@. C 70<0= 10;K3;0@K= AOBI8=8= 2O7899OB8=O, :>=A8AB5=A890AK=0, 898=O 2O 404K=0, 4C7C= <8340@K=0 D8:8@ 25@8;8@. C@C4C;<CH 10;K3;0@K B0EB0 2O :0@B>= 95H8:;O@O, :0@B>= 3CBC;0@0 301;0H4K@K@;0@. C@C4C;<CH 10;K3;0@K >?B8<0; HO@08B4O 8-9 09, AC1;8<0A890 FAC;C 8;O 3C@C4C;<CH;0@K 1-2 8; A0E;09K@;0@. 0;K3 AO=095A8=4O 3C@C4C;<CH 10;K340= O;02O, 10;K3 90@<0AK, 3840 FGF= 10;K3 C=C, ;>?0;0@ HO:;8=4O 10;K3 :>=A5=B@0B;0@K, 3C@C4C;<CH IO;; >;0= 10;K3 7F;0;K, 10;K340= 9598=B8 90?KH30=K 2O 48MO@ <OIAC;;0@ 40 8AB5IA0; 548;8@. 0E06 548;<8H 10;K3;0@K= 8AB5IA0;K=40, 10;KLK= BO@:818=4O:8 AC BO188 2O 90 AF=8 HO@08B4O, 22-280! B5<?5@0BC@40 BO4@86O= 070;4K;K@. OB86O4O 10;K3 3C@C<03;0 1O@01O@ 95B8H8@. $5@<5=B;O@8= BOA8@8=4O= 7F;0;;0@ 40I0 A04O 18@;OH<O;O@O ?0@G0;0=K@. 0L I84@>;87 >;C=C@, IF659@O 5;5<5=B;O@8=4O= (D81@>?;0AB40=) 0704 >;C@ 2O O7O;O B>EC<0AK=0 I>?0@03 >=C :OI@O10 @O=M8=O G528@8@. 0;K3 G89;898=8 8B8@8@, A?5A8D8: 404 2O OB8@ :OA1 548@ 2O ;O77OB;8 >;C@. %K@40 10;K3;0@K 24-280!-4O 10-17 MF= <F44OB8=4O 30E06 548@;O@. @8 10;K3;0@K 20-220!-4O 30 MF= <F44OB8=O 30E06 548@;O@. 0E06 5B<O: FGF= :F;<O, G0?03, 78904, EOHO<, ?>@C, 3K7K;F7MO6, H0I<0I8, :5D0;, H8@18B, 5=;810H 2O E0=K 10;K3;0@K=40= 8AB8D04O 548;8@. =;0@K= AOBI8 BO<87, 3C@C;CHC AKE 2O 90 1O@: >;<0;K, F7O@8=4O :@8AB0; HO:;8=4O 1C7 30;<0<0;K, :O=0@ 404 2O 3>EC 25@<O<O;848@. 7O@10960=40 O= G>E 30E06 548;<8H :F;<O I07K@;0=K@. 0E06 548;<8H 10;K3;0@ :59D899OB8=4O= 0AK;K >;0@03 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@. C 70<0= <OIAC;C= E0@868 MN@F=FHF, :>=A8AB5=A890AK, 404K, 898, AC9C= 2O 4C7C= <8340@K =O7O@O 0;K=K@. OAO;O=, 30E06 548;<8H :F;<O=8= AOBI8 BO<87, OB8 AKE 2O 1O@:, :OI@O10 @O=M;8, 404;K 2O 898 E>H0MO;O= >;C@. 0;KLK= BO@:818=4O AC9C= <8340@K 38%, EN@O: 4C7C=C= <8340@K 8AO 13%-4O= G>E >;<0<0;K4K@. 0E06 548;<8H >@B0 90L;K 2O 1O@: :>=A8AB5=A890;K 10;K3;0@K 75-80% =8A18 @FBC1OB4O, -8 ( -50! B5<?5@0BC@40 1 8;, 90L;K 10;K3;0@K (:5D0;, :F;<O, A83 2O A.) 8AO 3-4 09 A0E;0<03 >;0@. 0;K: <OIAC;;0@K 9F:AO: :59D899OB8=O 2O 3840;K;K3 4O9O@8=O MN@O DO@3;O=8@. <0;K=40= 0AK;K >;0@03 10;K: <O<C;0BK =O@O 15;8, =O@O 90=K, =O@O 4NHF, :5B0 15;8 2O A. :8<8 04;0=K@. 0;K: <O<C;0BK=K 8@8, 7O@8D 2O 404;K OB8 >;0= 90L;K 2O >@B0 90L;K =O@O, 1N;MO, C7C=1C@C=, 3K7K;10;K3, :5B0, 3>@1CH0, G02KG0, A8<0, =5;<0, 0L 0<C@, =0330, E0=K10;KLK 2O 48H;8 A:0B 10;K3;0@K=40= 0A<0 (30E065B<O) 2O I8AO25@<O FAC;C 8;O 8AB5IA0; 548@;O@. A<0 FAC;C=40 10;K3;0@K 4C7;04K340= A>=@0 B0;20@;0@40 25-30 MF= A0E;09K1 95B8H48@8@;O@. C <F44OB4O D5@<5=B;O@8= 2O 48MO@ 0<8;;O@8= BOA8@8 8;O 10;K340 <F@O::O1 18>:8<9O28 ?@>A5A;O@ M548@. )8AO 25@8;<8H 10;K: <O<C;0BK I07K@;04K340 8AO 2-4 MF= B0;20@40 A0E;0=K;<KH 10;K3;0@ 20-250!-4O 45-60 A00B BFABF 8;O 5<0; 548;8@. O@O, C7C=1C@C= 2O =5;<0 10;K3;0@K=40= I07K@;0=<KH 10;K: <O<C;0BK O;0, 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@. 0;K: <O<C;0BK=K 75-80% =8A18 @FBC1OB4O, <O=D8 3-60!-4O 14 MF=, 00!-4O 7 MF=, <FA1OB 40!-4O 3 MF= A0E;0<03 >;0@. A<0 FAC;C 8;O I07K@;0=0= =O@O 10;KLK=40=, =5;<0 2O 0L10;K340= 10;K: <O<C;0BK=K -5 ( -20!-4O 1,5-2 09 A0E;0<03 <F<:F=4F@. 10.10. )!/  ( + /)!# + )8AO 25@8;<8H 10;K3 <OIAC;;0@K O;02O 8AB8 5<0; BO;O1 5B<O9O= 9F:AO: 3840;K 2O 404;K I07K@ <OIAC;4C@. )8AO25@<O4O 0L06 BFABFAF=4O >;0= OB8@;8 <044O;O@ 10;KLK= OB8=O :5GO@O: >=0 EFACA8 3>EC 2O 3K7K;K @O=M 25@8@. "5<?5@0BC@ @5J8<8=4O= 0AK;K >;0@03 I8AO25@<O 3 FAC;;0 0?0@K;K@: 400!-4O= 9F:AO: >;<090= B5<?5@0BC@40 A>9C3 I8A;O<O; 800!-4O= 9F:AO: >;<090= B5<?5@0BC@40 =0B0<0< 8AB8 I8A;O<O; 80-1700!-4O 8AB8 I8A;O<O. L06 BFABFAF=4O:8 <044O;O@8= BOB1838 FAC;;0@K=40= 0AK;K >;0@03 I8AO25@<O 4 FAC;;0 0?0@K;K@: BFABF 8;O, 90EC4 048 I8A;O<O; BFABF <OI;C;C 8;O, 90EC4 90H I8A;O<O; 30@KHK3 I8A;O<O (90H 2O BFABF 8;O I8A;O<O 18@;8:4O); 5;5:B@>AB0B8: I8A;O<O (40-60 :2B 5;5:B@8: 6O@O90=K HO@08B8=4O BFABF 8;O I8A;O<O). 0H FAC;40 0L06K= EFACA8 3C@LC;0@40 B5@<8:8 ?0@G0;0=<0AK=40= 0;K=0= <FEBO;8D ?@5?0@0B;0@40= (BFABF <OI;C;C, BFABF 90LK, 0EB>; 2O A.) 8AB8D04O 548;8@. C ?@5?0@0B;0@K= FABF= 6OIOB8 >=404K@ :8, BO@:818=4O 3,4-15=78?@8= 9>E4C@ 2O I8A;O<O O<O;8990BK=K :><?;5:A <5E0=8:;OH48@<O9O 8<:0= 90@0=K@. 0:8= 90H I8AO 25@8;<8H <O<C;0BK= :59D899OB8, BFABF 8;O I8AO 25@8;<8H;O@O =8A1OBO= 0H0LK >;C@. C FAC;40 BFABF <OI;C;C AC 8;O 30@KH4K@K;K@ (1:7 2O 90 1:8 =8A1OB8=4O), 10;K3;0@ IO<8= <OI;C;0 A0;K=K@ 2O 90EC4 10;K3;0@0 IO<8= <OI;C; G8;O=8@. )8A;O<O O<O;8990BK BO188, AF=8 2O 18@;OH48@8;<8H >;C@. !F=8 I8A;O<O4O 9F:AO: MO@M8=;8:4O 2O 9F:AO: 4O98H:O=;8:4O 5;5:B@8: 6O@O90=K=40=, 8=D@03K@<K7K 2O C;B@01O=N2HO98 HF0;0@K= BOA8@8=4O= 8AB8D04O 548;8@. 8@;OH48@8;<8H 3094040 I8A;O<O=8= <FEBO;8D <O@IO;O;O@8=4O O<O;8990B;0@ AF@OB;O 0?0@K;K@. "FABF <O=1O98 :8<8 BO@:818=4O 30B@0=;K <044O;O@ 07 >;0= 3K7K;0L06, ?0;K4, DKA4K3, 0L60309K=, DK=4K3, 6N:O 2O 3>203 0L06K=K= >4C=C=40=, 9>=30@K=40= 2O :O?O98=4O= 8AB8D04O 548;8@. "FABF=F= BO@:818=4O 70-O 3O4O@ :8<9O28 18@;OH<O, > 6F<;O4O= BC@HC;0@, A?8@B;O@, 0;45I84;O@, :5B>=;0@, D5=>;;0@, :0@1>I84@0B;0@ 2O OB8@;8 <044O;O@ 20@4K@. $5=>; 2O BC@HC;0@K= 898 :OA:8=, 404K 8AO 06K4K@. $5=>;;0@ 10;KL0 3K7K;K @O=M 25@8@, ;0:8= A0E;0=K;<0 4N2@F=4O D5=>;;0@ CGC@ 2O >=;0@K= <8340@K 070;K@. "FABF=F= BO@:818=4O >;0= 1O78 F728 <044O;O@ I8A;O=<8H 10;K3 OB8=4O >;0= 90L;0@K >:A84;OH<O:4O= 3>@C9C@. %K@40 10;K3;0@K (:8;:O, A0;0:0 2O A.) I8AO 25@<O: FGF= 5;5:B@>AB0B8: I8A;O<O4O= 8AB8D04O 548;8@. C ?@>A5A 15-20 4O383O 4020< 548@. C 70<0= 10;K3;0@ 8=D@03K@<K7K HF0;0@;0 3K74K@K;<03;0 3C@C4C;C@ 2O 18H8@8;8@, A>=@0 9F:AO: 6O@O90= A0IOA8=4O I8AO 25@8;8@. OB86O4O 8>=;0H4K@K;<KH BFABF 48DDC7890 5481 10;KLK= OB8=O :5G8@. !>9C3 I8A;O<O FGF= BO@:818=4O 7-14% EN@O: 4C7C >;0= 4C7;0=<KH 90L;K 2O >@B0 90L;K 10;K3;0@40= (G0?03, :F;<O, ?>@C, 78904, H0I<0I8, EOHO<, A89O=O:, 3K7K;10;K3, =0330, 30@0A>;, 3K;K=610;K3, H8@18B 2O 1.) 8AB8D04O 548;8@. %K@40 10;K3;0@ (:F;<O, ?>@C, H0I<0I8, 30@0A>;, A89O=O:;O@) 1FBN2 I0;40, 8@8 ?C;6C3;C 10;K3;0@K 8AO (EOHO<, H8@18B, 78904 2O A.) 18@ =5GO FAC;;0 :OA81 (10;KLK= 3O;AO<O;O@8 2O <O4OA8 GKE0@K;K@; 30@=K 90@K;K1 40E8;8 >@30=;0@K GKE0@K;K@; 40E8;8 >@30=;0@K GKE0@K;K@ 2O 10HK :OA8;8@ 2O A.) A>=@0 5<0; 548@;O@. )8A;O<O 400!-4O= 9F:AO: >;<090= B5<?5@0BC@40 EK@40 10;K3;0@K 2-3 MF=, 8@8;O@8 8AO 4-5 MF= BFABF9O 25@<O:;O 10H0 G0B4K@K;K@. !>9C3 FAC;;0 I8AO 25@8;<8H 10;KLK= BO@:818=4O 4C7C= <8340@K =8A1OBO= G>E, AC9C= <8340@K 8AO 07 >;4CLC FGF=, >=C 048 HO@08B4O, =8A1OBO= C7C= <F44OB A0E;0<03 <F<:F=4F@. 59D899OB8=4O= 0AK;K >;0@03 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@. 1-68 A>@B0 <FEBO;8D N;GF;F 2O :N:;F:4O >;0=, AOBI8 BO<87 10;K3;0@ 084 548;8@. 04 2O 898 I8A;O=<O OB8@;8, :O=0@ 89A87, :>=A8AB5=A890AK AKE 2O H8@O;8 >;<0;K4K@. C7C= (5-12%) 2O =O<;898= (42-58%) <8340@K 10;KLK= =N2F=4O= 2O A>@BC=40= 0AK;K >;0@03 =>@<0;0H4K@K;K@. 0;K: <OIAC;;0@K 40, A>9C3 I8A;O<O FAC;C 8;O I07K@;0=K@. AB8 I8A;O<O FGF= BO7O, A>9C4C;<CH 2O 4>=4C@C;<CH 10;K3;0@40= 8AB8D04O 548;8@. 0;K3;0@ G5H84;O=8@, 9C9C;C@, <FEBO;8D FAC;;0 :OA8;8@, BO@:818=4O 1,5-3% 4C7 >;0=0 3O4O@ 4C7;0=K@, 8?;O A0@K=K@ 2O 80-1700!-4O 5 A00B <F44OB8=4O I8AO 25@8;8@. 0;KLK= 8AB8 I8AO 25@8;<OA8 3 <O@IO;O4O 10H0 G0BK@: 60-800!-4O 3C@CB<0, 80-1700!-4O 18H8@8;<O (15-20 4O383O) 2O 80-1200!-4O OA0A I8AO25@<O O<O;8990BK. AB8 I8A;O=<8H 10;K3;0@K 8-120!-9O 3O4O@ A>9C4C@;0@. AB8 FAC;;0 I8A;O=<8H 10;KLK= OB8 H8@O;8, 404;K, 7O@8D 2O 07 4C7C >;C@. AB8 I8A;O=<8H 10;K3 <OIAC;;0@K =O@O, C7C=1C@C=, A89O=O:, =0330, EOHO<, G0?03, GO:8 2O <FEBO;8D DOA8;O;O@O 084 48MO@ EK@40 90L;K 2O >@B0 90L;K 10;K3;0@40= 0;K=K@. AB8 I8A;O=<8H =O@O 10;K3;0@K :59D899OB8=4O= 0AK;K >;0@03 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@. 1-68 A>@B0 <FEBO;8D :N:;F: 4O@O6OA8=O 084, AOBI8 BO<87, :>=A8AB5=A890AK AKE 2O H8@O;8, 404 2O OB@8 8AB8 I8A;O=<8H 10;KL0 <OEACA 2O :O=0@;0H<0 >;<090= 10;K3;0@ 084 548;8@. C7C= <8340@K 2-3%-48@. AB8 I8A;O=<8H 10H30 10;K3;0@ A>@B0 09@K;<K@;0@. 0B0<0< 8AB8 I8A;O<O FGF= A>9C4C;<CH 2O 4>=4C@C;<CH, 5;O6O 4O 4C7;0=<KH 10;K3 90@K<D01@8:0BK=40= 8AB8D04O 548;8@. 0;KLK= BO@:818=4O 4C7 10%-4O= G>E >;<0<0;K4K@. C7;C 90@K<D01@8:0B40= 8AB8D04O 5B48:4O, >=C 8A;04K@;0@ :8, 10;K340 4C7C= <8340@K 5%-4O= G>E >;<0AK=. C FAC;;0 EK@40 A89O=O:;O@, B@5A:0, E0=K, B5@?C3 2O EK@40 0;010;K3;0@ I8A;O=8@. 0;K3;0@ O22O;6O 20-350!-4O 1,5-2,0 A00B <F44OB8=4O 3C@C4C;C@, A>=@0 70-800!-4O 3,5-4,0 A00B I8AO 25@8;8@. )07K@ <OIAC; 3K7K;K @O=M4O >;C@, BO@:818=4O 5-7% EN@O: 4C7C, 48-52% AC >;C@. AB8 I8A;O<O4O= 0;K=0= <OIAC;;0@0 =8A1OBO= C7C= <F44OB A0E;0=K;K@. !>@B;0@0 09@K;<K@. )8AO 25@8;<8H <OIAC;;0@K BCBC<C 20-30 :3 >;0= B0EB0, :0@B>= 95H8:;O@O, BCBC<C 1 :3 >;0= :0@B>= 3CBC;0@0 301;0H4K@K@;0@. "0@0 BO<87, <NI:O< 2O 3C@C >;<0;K4K@. )8A;O=<8H 10;K3 <OIAC;;0@K BO<87, 3C@C, AO@8= 2O I020AK=K= =8A18 @FBC1OB8 75-80% >;0=, :O=0@ 89A87, I020AK 90EHK 4O98H8;O= 18=0;0@40 A0E;0=K;K@. !0E;0=<0 <F44OB8 B5<?5@0BC@40= 2O I8AO25@<O FAC;C=40= 0AK;K4K@. !>9C3 I8A;O=<8H <OIAC;;0@ -5 ( 00!-4O 60 MF=O 3O4O@, 8AB8 I8A;O=<8H 10;K3;0@ -2 ( -10!-4O 3 MF=, =0B0<0< 8AB8 I8A;O=<8H <OIAC;;0@ -3 ( -10!-4O 10 MF=O 3O4O@ A0E;0=K;K@. O7O= 8AB8 2O =0B0<0< 8AB8 I8A;O=<8H 10;K3;0@K= A0E;0=<0 <F44OB8=8 C70B<03 (1-3 09) FGF= >=;0@K -25 ( -300!-4O 4>=4C@C1 IO<8= B5<?5@0BC@40 40 A0E;09K@;0@. 10.11. + ! /  /  ! /  0;K3 :>=A5@2;O@8, 10;K3;0@K= O22O;6O4O= 5<0; 548;81 BO=O:O 2O 90 HFHO 10=:0;0@0 M5@<5B8: HO@08B4O 9KLK;<0AK 2O AB5@8;870A890AK=40= O;4O 548;8@. 0;K3 :>=A5@2;O@8=8= BO@:818=4O 90L, 7F;0;8 <044O;O@ 2O 28B0<8=;O@ 048 10;KL0 =8A1OBO= G>E >;4CLC=40= 9F:AO: 3840;K;K3 4O9O@8=O <0;8:48@. 'F=:8 10;K3 :>=A5@2;O@8 8AB5IA0;K=40 O;02O >;0@03 90L, B><0B <OIAC;;0@K, BO@O2O7;O@, O428990B 2O 48MO@ E0<<0;;0@40= 40 8AB8D04O 548;8@. 0;K3 :>=A5@2;O@8 48@8, A>9C4C;<CH 2O 4>=4C@C;<CH 10;K3;0@40= 8AB5IA0; 548;8@. C <O3AO4;O =O@O68=A;8 10;K3;0@, A89O=O:;O@, 3K7K;10;K3;0@, ?C;6C3;C 10;K3;0@ (GO:8, EOHO<, G0?03, :F;<O, 78904, ACD, 4C@=010;KLK, B@5A:0, :0<10;0, AB02@840, :5D0; 2O A.), 8;0=10;KLK, 4O=87 <O<O;8;O@8, >=C@L0AK7;0@ 2O 9>AC=;0@40= 8AB8D04O 548;8@. 0;K3;0@ 9598;<O9O= I8AAO;O@4O= BO<87;O=8@, 9C9C;C@, 4C7;0=K@ 2O :>=A5@28= =N2F=4O= 0AK;K >;0@03 <FEBO;8D FAC;;0@;0 B5@<8:8 5<0;40= :5G8@8;8@. 0;K3;0@ 90L40 3K70@4K;K@; 309=090= AC40, 4C7 <OI;C;C=40, :OA:8= AC 1CE0@K=40, 90L40 2O 90 8=D@03K@<K7K HF0;0@;0 ?N@BF;F@; 1O78 :>=A5@2;O@ FGF= 10;K3;0@ 9F=MF; I8AO 25@8;8@. /;02O E0<<0;;0@;0 18@;8:4O 10;K3;0@ 10=:0;0@0 9KLK;K@, M5@<5B8: 10L;0=K@, 1100! B5<?5@0BC@40 AB5@8;87O 548;8@, 3FAC@;C :>=A5@2 10=:0;0@K=K :O=0@ 5B<O: <O3AO48;O 68448 9>E;0=K;K@, O22O;6O 3O;O28 <OI;C;C=40, A>=@0 8AB8 AC 8;O 9C9C;C@ 2O 3C@C4C;C@. !0BKH0 25@8;O= :>=A5@2 10=:0;0@K 5B8:5B;OH48@8;8@, C7C= <F44OB A0E;0=K;0603 BO=O:O 10=:0;0@K= AOBI8=O <8=5@0; 90L 2O 90 2075;8= GO:8;8@. >=A5@2;O@ OA0A E0<<0;K=0 2O 5<0;K=0 MN@O 3@C?;0@0, 3@C?;0@ =N2;O@O 2O G5H84O 09@K;K@. %0<<0;K=0 MN@O 10;K3;0@40=, 8;187;O@4O=, EO@GO=M;O@4O=, <O<O;8;O@4O= 2O 9>AC=;0@40= I07K@;0=0= :>=A5@2;O@; 5<0;K=0 2O 8AB5IA0; B5E=>;>M890AK=0 MN@O  BO188 2O 90 N7 H8@OA8=4O; B><0B A>CAC=40; 18B:8 90LK=40; <0@8=0440; BO@O2O7;8-10;K3;K; ?0HB5B 2O ?0AB0 I0;K=40 >;0= 10;K3 :>=A5@2;O@8=O 09@K;K@. "O188 (N7 H8@OA8=4O) 10;K3 :>=A5@2;O@8 I07K@;04K340 BO<87;O=81 4>L@0=<KH 10;K3, :@01 2O :@525B:0, IO<G8=8= B@5A:0 10;KLK=K= 30@0689O@8 07 <8340@40 4C7 2O O428990B (30@0 2O OB8@;8 8AB8>B, 4OD=O 90@?0LK) O;02O 548;<O:;O 10=:0;0@0 9KLK;K@. C 3@C?0 N7 H8@OA8=4O 10;K3, IO;<OH8:4O 2O 90 1C;9>=40 10;K3, 90L O;02O 548;<8H 10;K3, 10;K3 H>@10AK, CE0, 30@0689O@ :>=A5@2;O@8=8 MNABO@<O: >;0@. "O188 :>=A5@2;O@ =O@O:8<8;O@, 3K7K;10;K3;0@, A89O=O:;O@, A09@0, ?0;BCA, A:C<1@890 2O 48MO@ 10;K3;0@40= I07K@;0=K@. C :>=A5@2;O@ 9F:AO: 3840;K;K3 4O9O@8=O <0;8:48@. 'F=:8 E0<<0; AB5@8;87O 70<0=K 18@ 4ODO 8AB8 5<0;40= :5G8@, <OIAC;C= 404K 2O OB@8 BO7O 10;KLK= BO188 :59D899OB8=O C9LC= 30;K@. C :>=A5@2;O@4O= I07K@ O@703 :8<8, IO<G8=8= 3O;90=0;BK;0@K=, A0;0B;0@K=, 3C@C 2O 4C@C 95<O:;O@8= I07K@;0=<0AK=40 8AB8D04O 548;8@. "><0B A>CAC=40 10;K3 :>=A5@2;O@8 I5G 18@ O;02O :C;8=0@ 5<0;K=40= :5G8@8;<O4O=, 3O;90=0;BK :8<8 8AB8D04O 548;8@. C :>=A5@2;O@ GO:8, E0=K, B@5A:0, A89O=O:, :0<10;0, AB02@840, :8;:O 2O 48MO@ 10;K3;0@40= I07K@;0=K@. 0;K3;0@ 8;: 5<0;40= :5G8@8;48:4O= A>=@0 18B:8 90LK=40 3K70@4K;K@ 2O 90 ?N@B;O48;8@, 1CE0@40 ?N@B;O48;8@, 1O7O= 0706K3 3C@C4C;C@ 2O 90 I8AO 25@8;8@, 10=:0;0@0 9KLK;K@, F7O@8=O O428990B, 18B:8 90LK, HO:O@ 2O A8@:O O;02O 548;<O:;O I07K@;0=<KH B><0B A>CAC BN:F;F@ 2O :>=A5@2;OH48@8;8@. C 3@C? :>=A5@2;O@ 8AB5IA0; >;C=0= :>=A5@2;O@8= 70%-O 3O4O@8=8 BOH:8; 548@. 8B:8 90LK=40 10;K3 :>=A5@2;O@8 10;K3 OB8 ?0@G0;0@K=40= 2O 1FBN2 EK@40 10;K3;0@40= I07K@;0=K@. FEBO;8D FAC;;0@;0 8;: 2O B5@<8:8 5<0;40= :5G8@8;<8H 10;K3;0@ 10=:0;0@0 9KLK;K@, F7O@8=O 9F:AO: :59D899OB;8 18B:8 90LK (MF=O10E0=, A>90, E0@40; 2O A.) O;02O 548;8@. C :>=A5@2;O@ 8AB5IA0; >;C=0= 1FBF= :>=A5@2;O@8= 20%-O 3O4O@8=8 BOH:8; 548@. O;90=0;BK :8<8 8AB8D04O 548;8@. '5H848=4O= A0@48=0, 90L40 H?@>B, 90L40 I8AO 25@8;<8H, 90L40 3K70@4K;<KH, 90L40 18H8@8;<8H :>=A5@2;O@ 8AB5IA0; 548;8@. 0L40 A0@48=0 :>=A5@28A8 I07K@;04K340 10;KLK= 10HK :OA8;8@ 2O 30@=K 90@K;<040= 8G0;0BK GKE0@K;K@, 10;K3 18@ 3O4O@ 30E06 548;8@, 3C@C4C;C@, I07K@ >;0=04O: 18H8@8;8@, D83C@;C 10=:0;0@0 9KLK;K@, F7O@8=O 8AB8 18B:8 90LK O;02O 548;81 AB5@8;;OH48@8;8@. !0@48=0 :>=A5@28A8 A0;0:0, :8;:O 2O EK@40 A89O=O:;O@4O= I07K@;0=K@. (?@>B :>=A5@28A8 8AB5IA0;K=40 8AB8 FAC;;0 I8AO 25@8;<8H 3K7K;K @O=M;8 10;K3 A>9C4C;C@, 10;KLK= 10HK 2O 3C9@C3 F7MO6;O@8 :OA8;8@ 2O 10=:0;0@0 AO;83O 8;O 9KLK;K@. &7O@8=O 1:3 =8A1OB8=4O, 8AB8;898 75-850! >;0= E0@40; 2O MF=O10E0= 90LK 30@KHKLK BN:F;F1 AB5@8;;OH48@8;8@. C :>=A5@28=8= E0<<0;K A0;0:0 2O 0;B8: :8;:OA848@. 0L40 I07K@;0=0= 48MO@ :>=A5@2;O@ O22O;6O4O= B0< BO<87;O=<8H (B@5A:0, A83) 2O 90 =0B0<0< BO<87;O=<8H 10;K3;0@40= (A0;0:0, :8;:O, @90?CH:0) I07K@;0=K@. 0@8=0440 10;K3 :>=A5@2;O@8 3O;90=0;BK :8<8 8AB8D04O >;C=C@. ;: 5<0;40= :5G8@8;<8H 10;KLK (A0;0:0, :8;:O, B@5A:0 2O A.) 18B:8 90LK=40 3K70@4K@, 10=:0;0@0 9KL4K340= A>=@0 F7O@8=O AC, 4C7, HO:O@, O428990B;0@ 2O A8@:O BC@HCAC=40= I07K@;0=<KH 8AB8 <OI;C; (<0@8=04) BN:F;F@, M5@<5B8: 10L;0=K@ 2O AB5@8;;OH48@8;8@. "O@O2O7;8 10;K3 :>=A5@2;O@8 8AB5IA0; 54O@:O= 10;K3;0@40= (B8:O 2O 6O<4O: I0;K=40) 2O >=;0@K= 40E8;8 F72;O@8=4O= (30@0689O@, 5@:O: 10;KLK= 68=A899OB >@30=K) 8AB8D04O >;C=C@. 0;K3 B8:O 2O 90EC4 389<O I0;K=40 :>=A5@2;OH48@8;8@. 89<O I0;K=0 A0;K=<KH 10;K3 OB8=O BO@O2O7 2O 4F9F 30@KH4K@K;0@03 :O;O< 2O 90@?03 4>;<0AK, :FDBO, :>B;5B, B5DB5; 2O A. 4F7O;48;8@. 0@K<D01@8:0B 3K70@4K;K@ 2O 90 ?N@B;O48;8@, 10=:0;0@0 9KLK;0@:O= OB8@;8 BO@O2O7;O@ O;02O 548;8@, F7O@8=O 8AB8 B><0B A>CAC, 309=0@ 18B:8 90LK 2O 90 <0@8=04 BN:F;F@, M5@<5B8: 10L;0=K@ 2O AB5@8;;OH48@8;8@. 0HB5B 2O ?0AB0 :>=A5@2;O@8 10;K3 2O EO@GO=M:8<8;O@8= OB8=4O=, B@5A:0 10;KLK=K= 2O 10H30 4O=87 I5920=;0@K=K= 30@0689O@8=4O= I07K@;0=K@. %0<<0; 2O 90 3K70@4K;<KH 90@K<D01@8:0B OBGO:O= <0HK=40= :5G8@8;8@, F7O@8=O 18B:8 2O 90 I5920=0B 90LK, B><0B-?0AB0 2O 90 B><0B-A>CAC, 90L40 3K70@4K;<KH A>L0=, HO:O@, O428990B;0@, 1O7O= <FEBO;8D 90@<0;0@ O;02O 548;8@, <F:O<<O; 30@KH4K@K;K@, 18@68=A;8 :FB;O I0;K=0 A0;K=K@, 10=:0;0@0 9KLK;K@ 2O AB5@8;;OH48@8;8@. O7O= ?0HB5B :>B;5B 2O 90 :FDBO68: D>@<0AK=40 :>=A5@2;OH48@8;8@. =C@L0AK7;0@40= 2O 9>AC=;0@40= :>=A5@2 I07K@;0<03 FGF= <84890, AB@84890, 95=MO6, B@5?0=3, 40@0360, AO::870903, I>;>BC@890, 4O=87 :O;O<8 2O 48MO@ AC E0<<0;;0@K=40= 8AB8D04O 548;8@. AB5IA0; >;C=0= :>=A5@2;O@8= 5%-O 3O4O@8 4O=87 I5920=;0@K 2O 9>AC=;0@40= I07K@;0=0= :>=A5@2;O@8= ?09K=0 4FHF@. OI@87 2O CH03 FGF= :>=A5@2;O@ EFACA8 @5A5?B 2O B5E=>;>J8 AE5< F7@O I07K@;0=K@. C@040 O428990B, A8@:O 2O B><0B-?0AB040= 8AB8D04O 548;<8@. OI@87 :>=A5@2;O@8=8= 3840;K;K3 4O9O@8=8, B57 IO7< >;C=<0AK=K 2O <F0;86O 3018;899OB8=8 0@BK@<03 <O3AO48;O >=;0@0 :O@O 90LK, <FEBO;8D BO@O2O7;O@, 28B0<8=;O@ O;02O 548;8@. C :>=A5@2;O@ 0790L;K 10;K3;0@40=, EO@GO=M:8<8;O@4O=, 8;187;O@4O=, 4O=87 :O;O<8=4O= 2O 9>AC=;0@40= I07K@;0=K@. 0;K3 :>=A5@2;O@8, H?@>B 2O A0@48=0 8AB8A=0 >;<03;0 O<BOO A>@B;0@K=0 09@K;<K@. !0@48=0 2O H?@>B O;0 A>@B40 2O A>@B MNABO@8;<O4O= 8AB5IA0; 548;8@. B;0=B8:0 A0@48=0AK 40 A>@B;0@0 09@K;<K@. >=A5@2;O@8= :59D899OB8 9>E;0=0@:O= 10=:0=K= E0@868 MN@F=FHF=O, AOBI8=8= 2O7899OB8=O, 5B8:5B8= >;<0AK=0 D8:8@ 25@8;8@. 0=:0;0@ M5@<5B8: 10L;K, <5E0=8:8 7O4OA87, G8@:A87 2O ?0AAK7 >;<0;K4K@. 0=:0=K= 40E8;8=4O:8 <OIAC;C= :59D899OB8 9>E;0=0@:O= >=C= E0@868 MN@F=FHF, 404K, 898, @O=M8, :>=A8AB5=A890AK, E0;8A :FB;OA8, I8AAO;O@8=8= (OB8= 2O 4C@C D070=K=  90L, A>CA, 1C;9>=) =8A1OB8, BC@HC;CLC, EN@O: 4C7C=C= 2O 0LK@ <5B0; 4C7;0@K=K= <8340@K <FO99O= 548;8@. 0;K3 :>=A5@2;O@8=8 I020AK 3C@C, BO<87 2O 90EHK 95; GO:O=, =8A18 @FBC1OB8 70-75%, B5<?5@0BC@C 0 ( 150! >;0= 0=10@;0@40 A0E;09K@;0@. 0L40, <0@8=0440 2O B><0B A>CAC=40 I07K@;0=0= :>=A5@2;O@8 18@ <F44OB A0E;09K1 95B8H48@8@;O@. C <O3AO4;O 90L40 10;K3 :>=A5@2;O@8=8 20 MF=4O= 6 090 3O4O@, B><0B A>CAC=40 10;K3 :>=A5@2;O@8=8 10 MF=4O= 45 MF=O 3O4O@, N7 H8@OA8=4O 10;K3 :>=A5@2;O@8=8 15-20 MF= A0E;09K@;0@. "O188 10;K3 :>=A5@2;O@8=8 2 8;, 30;0= :>=A5@2;O@8 8AO 1-1,5 8; A0E;0<03 >;0@. 0;K3 ?@5A5@2;O@8  O428990B;K-4C7;C 2O A8@:O9O 3>9C;<CH 10;K340= 0=B8A5?B8: O;02O 548;<O:;O 2O 90EC4 0=B8A5?B8:A87 M5@<5B8: 10L;K BO=O:O, HFHO 2O 48MO@ B0@0;0@40 I07K@;0=K@. 0;K3 :>=A5@2;O@8=4O= DO@3;8 >;0@03 AB5@8;87O 548;<8@. )07K@;0=<KH ?@5A5@2;O@ 10 MF=4O= 3 090 3O4O@ A0E;0=K;K1 95B8H48@8;8@. AB8D04O >;C=0=0 3O4O@ A>9C340 A0E;0=K;K@. 0;KLK= O22O;6O4O= 5<0;K FAC;;0@K=40= 2O F7O@8=O BN:F;O= <OI;C;40= 0AK;K >;0@03 ?@5A5@2;O@ 0H0LK40:K 3@C?;0@0 1N;F=F@. /428990B;K-4C7;C 1FBN2 10;K340= ?@5A5@2;O@ EK@40 A89O=O:;O@4O=, :8;:O, A0;0:0, EO<A8 2O 10H30 EK@40 10;K3;0@40= I07K@;0=K@. 0;K3 1FBN2 I0;40 4C7, HO:O@ 2O O428990B 30@KHKLK 8;O 5<0; 548;8@. '5H848=4O= /428990B;K-4C7;C "0;;8== :8;:OA8, (O@01;0 830 :8;:OA8, (F9F4;O 0;B8: :8;:OA8, 90L;K;KLK 8%-4O= 07 >;<090= 0;B8: :8;:OA8=4O=, /428990B;K-4C7;C 830 :8;:OA8 8AB5IA0; 548;8@. )07K@ <OIAC; 350 <; BCBC<;C 10=:0;0@0 9KLK;K@. :50= 10;K3;0@K=40= O428990B;K-4C7;C ?@5A5@2;O@ 8@8 BO=O:O 10=:0;0@40 3 :3-0 3O4O@ :FB;O4O I07K@;0=K@. C <O3AO4;O A:C<1@890, AB02@840 2O A0@48=5;;0 10;K3;0@K=40= 8AB8D04O 548;8@. %FACA8 4C7;0=<KH ?@5A5@2;O@ BO7O >2;0=0= A89O=O:;O@4O=, A:C<1@890, AB02@840, 0=G>CA;0@, A0;0:0, 0;B8: 2O %O7O@ :8;:OA8=4O=, A09@0 2O <>92040= I07K@;0=K@. "CBC<C 1500, 1800, 3000 2O 5000 <; >;0= 10=:0;0@40 1C@0EK;K@. %0<<0;0 07 <8340@40 4C7, HO:O@ 2O =0B@8C<-15=7>0B (6)50) 30B0@03 5<0; 548@;O@. 0;K3;0@ 1FBN2 2O :OA8;<8H I0;40 >;C@. '5H848=4O= %FACA8 4C7;0=<KH !0:8B >:50= A89O=O98, %FACA8 4C7;0=<KH 0;B8: :8;:OA8, %FACA8 4C7;0=<KH A09@0 2O A. ?@5A5@2;O@8 MNABO@<O: >;0@. OA8;<8H 10;K340= ?@5A5@2;O@ BO7O 2O 4C7;C A89O=O:;O@4O= 2O A:C<1@89040= I07K@;0=K@. C <O3AO4;O A0;0:0, 0;B8: 2O %O7O@ :8;:OA8, EO<A8, A0@48=040= 40 8AB8D04O 548;8@. 0;K3;0@ BO<87;O=8@ 2O 1FBN2 6O<4O:, D8;5, B8:O-D8;5, 48;8<-D8;5 2O @C;5B HO:;8=4O :OA8;8@. 0;K3 OB8 10=:0;0@0 9KLK;K@ 2O F7O@8=O O428990B;K 4C7;C3, <09>=57 A>CAC, 18B:8 90LK, E0@40; A>CAC, <592O-M8;O<592O A>CAC (0;<0, O@8:, <O@A8=, ;8<>=-0;<0 2O A.), O428990B;K-A0@K<A03;K A>CA, O428990B;K HO@01, O428990B;K-A8@:O (<0@8=04) 2O 48MO@ A>CA;0@ BN:F;F@. C 3@C?0 !89O=O: OB ?0@G0AK, C18;59, !89O=O:4O= ?09B0EB 3O;90=0;BKAK, B;0=B8: A89O=O98  OB B8:OA8 30AB@>=><8: A>CA40, !89O=O: OB B8:OA8  0L A>CA40 2O A., 40-40= A>E G5H844O I07K@;0=0= ?@5A5@2;O@ 08448@. K7K;10;K340= ?@5A5@2;O@ 7O8D 4C7;C :5B0, G02KG0, =5@:0, 3>@1CH0, BO7O A><L0 2O 10;B8: 3K7K;10;KLK=40= I07K@;0=K@. #703 (O@3 3K7K;10;K3;0@K=K 48;8< HO:;8=4O :OA81 10=:0;0@0 9KLK@, F7O@8=O @0D8=04;0H4K@K;<KH MF=O10E0=, 759BC=, 30@LK40;K 2O 95@DK=4KLK 90LK BN:F;F@. !5<3040= ?@5A5@28 I07K@;04K340 10=:090 9KLK;<KH 10;K3 48;8<;O@8=8= F7O@8=O 4C7;0 =0B@8C<-15=7>0B, 10;B8: 3K7K;10;KLK 48;8<;O@8=8= F7O@8=O 8AO 1C=;0@40= O;02O HO:O@ AO?8@;O@. 7O@10960=40 /428990B;K-4C7;C %O7O@ :8;:OA8 ?@5A5@28A8 8AB5IA0; 548;8@. @5A5@2;O@ O<BOO A>@B;0@K=0 09@K;K@;0@. C=;0@K= 404K 2O OB@8 O42899O;8, 95B8H<8H 10;KL0 <OEACA E>H0MO;O=, :>=A8AB5=A890AK 7O@8D, H8@O;8 >;<0;K4K@. 0;KLK= AOBI8 BO<87 2O A0@0;<0<KH >;<0;K4K@. %N@O: 4C7C=C=, 10;K3 OB8=8= BC@HC;CLC=C=, =0B@8C<-15=7>0BK= <8340@K 2O 10;KLK= H8@O9O (A>CA0) =8A1OB8 AB0=40@B F7@O =>@<0;0H4K@K;K@. @5A5@2;O@8 0 ( -80!-4O, 75%-4O= G>E >;<090= =8A18 @FBC1OB4O 95B8H<O 4O@O6OA8=4O= 0AK;K >;0@03 1-8 09 A0E;0<03 >;0@. F:AO: B5<?5@0BC@40 A0E;04K340 1><10J 10H 25@O 18;O@ (0E: /B :>=A5@2;O@8=8= A0E;0=K;<0AK). 10.12. 0;K3 90@K<D01@8:0B;0@K 2O :C;8=0@ <O<C;0B;0@K 0;K340= EFACA8 4>L@0=K;<KH 2O 4>=4C@C;<CH 10;K3 D8;5A8, 4>=4C@C;<CH 10;K3 :0101K, 0;K3 9KLK<K, 10;K3 :>B;5B8 2O 4>=4C@C;<CH 10;K3 4FH1O@OA8 :8<8 90@K<D01@8:0B;0@ I07K@;0=K@. 0;K3 90@K<D01@8:0B;0@K O<BOO A>@B;0@K=0 09@K;<K@. O<4O: 2O B8:O I0;K=40 10;K3  0HE0=0 90@K<D01@8:0BK I5A01 548;8@ 2O OI0;89O A0BK;<03 FGF= ?O@0:O=4O B860@OB HO1O:OA8=O MN=4O@8;8@. %FACA8 4>L@0=K;<KH 10;K3 90@K<D01@8:0BK=K= AOBI8 BO<87, @O=M8 BO188 >;<0;K4K@. 0@K<D01@8:0BK= 4>=C 0GK;4K340= A>=@0 OB8=8= :>=A8AB5=A890AK AKE >;<0;K, 898 BO7O 10;K3 898=8 E0BK@;0B<0;K4K@. %0@01>;<0 O;0<OB8 >;<0<0;K4K@. :50= 10;K3;0@K=40= I07K@;0=<KH 90@K<D01@8:0B;0@K= 4>=C 0GK;4K340= A>=@0 7O8D 9>4 404K 2O 898 25@O 18;O@. >=4C@C;<CH 10;K3 389<OA8, OA0AO=, 90LAK7 2O 0790L;K 10;K3;0@40= I07K@;0=K@. 89<O I07K@;0<03 FGF= 4O@8A8 2O AF<F9F BO<87;O=<8H 10;K3 OB8 OBGO:O= <0HK=40= :5G8@8;8@. 89<O=8= AB018;;898=8 0@BK@<03 <O3AO48;O >=0 1,5% EN@O: 4C7C, 1% HO:O@, 1,5% ;8<>= BC@HCAC=C= =0B@8C< 4C7C 2O 90 0,4% FG=0B@8C<?>;8D>AD0B O;02O 548;8@. -300!-4O 4>=4C@C;C@ 2O -180!-4O A0E;0=K@. 12 :3 :FB;O4O ?>;8<5@ ?O@4O4O= ?0:5B;O@O 2O 1 :3 :FB;O4O :0@B>= 3CBC;0@0 301;0H4K@K;K@. O<;898 84%-4O=, EN@O: 4C7C 2%-4O= G>E >;<0<0;K4K@. 89<O4O= I07K@;0=<KH <OIAC; 18H<O 70<0=K N7 D>@<0AK=K 2O :>=A8AB5=A890AK=K A0E;0<0;K4K@. 0;K3 :>B;5B 90@K<D01@8:0B;0@K I07K@;0<03 FGF= 10;K3 389<OA8=4O=, BO7O 2O 90 1-68 A>@B 4>=4C@C;<CH 10;K3 OB8=4O= 8AB8D04O 548;8@. 0;K3 OB8 OBGO:O= <0HK=40= :5G8@8;8@, A>=@0 8A;04K;<KH 1>90B GN@O: 2O 07 <8340@40 A>L0= GO:8;81 30@KH4K@K;K@. 89<O9O G89 9C<C@B0, 18H8@8;81 EK@40;0=<KH 95@:N:F, 07 <8340@40 :O@O 90LK, 4C7 2O 8AB8>B 2C@C;C1 30@KH4K@K;K@. 89<O4O= 45-50 3 2O 90 80-85 3-0 3O4O@ :FB;O4O :>B;5B D>@<0;0H4K@K;K@, =0@K= GN@O: ACE0@8A8=4O C@20;0=K@. >B;5B 90@K<D01@8:0B;0@K=K= D>@<0AK M8@4O 2O 90 >20;, AOBI8 C@20;0=<KH 2O C@20;0=<0<KH, :>=A8AB5=A890AK N7;F, :OA8: I8AAO4O @O=M8 0GK3-1>7, 89A87 >;<0;K4K@. %N@O: 4C7C=C= <8340@K 2%-O 3O4O@ >;0 18;O@. 0;K3 :0101K 90@K<D01@8:0BK FGF=, OA0AO= =O@O 10;KLK DOA8;OA8=4O= >;0= 10;K3;0@40= 8AB8D04O 548;8@. "O<87;O=<8H 10;K3 OB8 20-40 3 :FB;O4O B8:O I0;K=40 4>L@0=K@, M8@4O 4>L@0=<KH A>L0=;0 18@;8:4O 0L06 2O 90 ?;0AB<0A GC1C3;0@0 :5G8@8;8@ 2O 18@ A00B O@78=4O EFACA8 I07K@;0=<KH <0@8=0440 (F7F< A8@:OA8, 4C7 2O O428990B40= I07K@;0=<KH AC;C <OI;C;) A0E;0=K;K@. 0;K3 :0101K G>E 20EB 4>=4C@C;<CH I0;40 A0BKH0 25@8;8@. 0@K<D01@8:0B A5;;>D0=0 2O 90 ?5@30<5=BO 1F:F;F@ 2O IO<8= ?0:5B;O@ ?>;8<5@ <0B5@80;;0@40= >;0= D>@<0;K 95H8:;O@O, 90EC4 :0@B>= 3CBC;0@0 9KLK;K@. 0;K3 :0101K 90@K<D01@8:0BK=K= OB@8 A?5A8D8: >;<0;K, A8@:O 2O A>L0= OB@8 25@<O;848@. "O@:818=4O EN@O: 4C7C=C= <8340@K 1,5-2,0%, BC@HC;CLC 0,2-0,8%, :FB;O9O MN@O 10;K3 OB8=8= <8340@K 78-82%, A>L0= 8AO 18-22% >;C@. 0;K3 90@K<D01@8:0B;0@K=K <O=D8 B5<?5@0BC@40 A0E;09K@;0@. O<4O: 2O B8:O HO:;8=4O 4>=4C@C;<CH 10;K3 D8;5A8 -25 ( 300!-4O 10;KLK= =N2F=4O= 2O 90L;K;KLK=40= 0AK;K >;0@03 1-8 09, 4>=4C@C;<CH 10;K3 389<OA8 -180!-4O 3-6 09, G89 (A>9C4C;<CH) 10;K3 389<OA8 0 ( -40!-4O 6 A00B, 10;K3 :0101K 90@K<D01@8:0BK 2 ( -20! B5<?5@0BC@40 10 A00B, 10;K3 :>B;5B8 0-60!-4O 12 A00B, 10;K3 4FH1O@OA8 -180!-4O 10 MF= A0E;0=K;0 18;O@. 0;K340= :C;8=0@ <O<C;0B;0@K 8AB5IA0; 5B<O: FGF= A>9C4C;<CH, 4>=4C@C;<CH 10;K3;0@40=, 1-68 A>@B 4C7;C 10;K3 OB8=4O=, 10;K3 90@K<D01@8:0B;0@K=40= 8AB8D04O >;C=C@. C=;0@0 BO188 10;K3 <O<C;0B;0@K, 10;K3 389<OA8 2O 10;K3 :F@FAF=4O= 810@OB 0H?07;K3 <O<C;0B;0@K 08448@. "O188 10;K3 :C;8=0@ <O<C;0B;0@K I07K@;0<03 FGF= 18H8@<O, 3K70@B<0, ?N@B<O 2O 1CL40 18H8@<O :8<8 8AB8 5<0; FAC;;0@K BOB183 548;8@. "O188 <O<C;0B;0@0 3K70@4K;<KH 10;K3, <FEBO;8D A>CA 2O 30@=8@;O@;O 10;K3, A>9CB<0, 75;A, @C;5B, IO;<OH8: 0;BK=40 10;K3 2O 18H<8H 10;K3 08448@. K70@4K;<KH 10;K3 I07K@;0<03 FGF= =O@O 2O 3K7K; 10;K3;0@40= 10H30 IO@ =N2 10;K3;0@ 8AB8D04O 548;8@. %K@40 10;K3;0@ 18@ 30940 >;0@03 1FBN2 I0;40, 8@8 2O >@B0 N;GF;F 10;K3;0@ 8AO O22O;6O4O= 150-250 3 :FB;O4O B8:O;O@O 1N;F=<O:;O 5<0; 548;8@. O7O= 10;K3 B8:O;O@8 O22O;6O C=;0 C@20;0=K@, A>=@0 9C<C@B0, C=, AC, 4C7 30BKHKLK=40= I07K@;0=<KH :FB;O9O 10BK@K;K@ 2O 95=84O= GN@O: ACE0@8A8=4O C@20;0=K@. ;0= 10;KLK C@20AK7 3K70@4K;K@. 0;KLK 6-20 4O3 O@78=4O 18B:8 90LK=0 A0;<03;0 1600!-4O= 9F:AO: >;<090= B5<?5@0BC@40 3K70@4K@;0@. 0;KLK AC40 18H8@O@:O= AC90 4O=O2O@ 30@0 8AB8>B, 4OD=O 90@?0LK, I0;3020@8 4>L@0=<KH A>L0= O;02O 5B<O: >;0@. C7C 8AO 10;K3 309=090=40= A>=@0 BN:<O: ;07K<4K@ :8, 10;K3 OB8=4O= AC40 IO;; >;0= 7F;0;;0@ AC90 (1C;9>=0) 07 :5GA8=. )O;<OH8: 0;BK=40 10;K3 <O<C;0BK=K I07K@;0<03 FGF= =O@O 10;KLK=40=, >:50= 10;K3;0@K=40= 2O ?C;6C3;C 8@8 10;K3;0@40= 8AB8D04O >;C=C@. 0;K3;0@ 4O@8A8 8;O 18@;8:4O D8;5 HO:;8=4O 4>L@0=K;K@ 2O I07K@ >;0=0 :8<8 18H8@8;8@, 18H<8H 10;K3 ?09;0@0 :OA8;8@. O@O 10;KLK 75 3, 30;0= 10;K3;0@ 8AO 100 3 :FB;O4O 4>L@0=K;K@. >L@0=K;<KH 10;K3 EFACA8 D>@<0;0@0 3>9C;C@. )O<8= D>@<0;0@0, 18H8@8;81 <FEBO;8D D>@<0;0@40 :OA8;<8H D83C@;C 95@:N:F, 9C<C@B0 2O 18@ 3O=O4 6ODO@8 MN9O@B8A8 3>9C;C@ 2O F7O@8=O 10;K3 18H8@8;O= AC40 I07K@;0=<KH J5;0B8=;8 <OI;C; BN:F;F1 A>9C4C;C@. /MO@ 10;K3 IO;8<8 1C;0=K34K@A0, >=40= IO;<OH8: FGF= 8AB8D04O 548;<8@. 0;K3 A>9CB<0AK I07K@;0<03 FGF= =O@O 10;KLK=K= BC;;0=BK;0@K=40= 8AB8D04O 548;8@. C <O3AO4;O 10;KLK= 10HK, F7MO6;O@8, 3KLK@403;0@K, OB 3K@K=BK;0@K 1,5-2,0 A00B O@78=4O 18H8@8;8@. 8H<O9O 30 4O3 30;<KH 1C;9>=0 95@:N:F, A>L0=, 6ODO@8 :N:F 2O O428990B 30BK;K@. )O;8< AF7F;F@ 2O 18H8@8;<8H 3KLK@403, 4O@8, OB 3K@K=BK;0@K 2O 18H<8H BO@O2O7;O@ OBGO:O= <0HK=40 =0@K=;0H4K@K;K@, IO;8<8= F7O@8=O BN:F;F@, 4C7 O;02O 548;<O:;O 20 4O3 95=84O= 18H8@8;8@. )07K@ >;<0L0 5 4O3 30;<KH, O22O;6O4O= 5-6 A00B AC40 8A;04K;<KH J5;0B8= 30BK;K@. %FACA8 D>@<0;0@0 BN:F;F1 A>9C4C;C@. !>9C<CH 10;K3 A>9CB<0AK 3O;90=0;BK :8<8 8AB5I;0: 548;8@. 0;K340= I07K@;0=0= :C;8=0@ <O<C;0B;0@K=K 18@ 30940 >;0@03 0-60!-4O A0E;09K@;0@. )O;<OH8: 0;BK=40 10;KLK 2O 10;K3 A>9CB<0AK=K 12 A00B, AC40 18H8@8;<8H 2O 389<O;O=<8H-18H8@8;<8H 10;KLK 36 A00B, 3K70@4K;<KH 2O 4CE>2:040 I07K@;0=<KH 10;KLK 48 A00B, B><0B;K-BO@O2O7;8 A89O=O98 72 A00B A0E;0<03 >;0@. >=4C@C;<CH 10;K3 :C;8=0@ <O<C;0B;0@K=K -30 ( -350! B5<?5@0BC@40 1 09 A0E;0<03 >;0@. 10.13. & & F@F  9F:AO: 3840;K;K3 4O9O@8 >;0= O@703 <OIAC;C4C@. F@F=F= 9F:AO: 3840 <O7899OB;O@8 >=C= BO@:818=4O:8 B0< 4O9O@;8 7F;0;;0@K=, 90LK=, <8=5@0; <044O;O@8= 2O 90L40 IO;; >;0= 28B0<8=;O@8= ;07K<8 3O4O@ >;<0AK4K@. 0@0 :F@F =O@O 68=A;8 10;K3;0@40=, 3K@<K7K :F@F 8AO #703 (O@3 3K7K;10;KLK=40= 0;K=K@. C;6C3;C 10;K3;0@40= 40 (GO:8, ACD, 78904, EOHO<, G0?03, :0<10;0 2O 1.) 07 <8340@40 :F@F O;4O 548;8@. 0@0 :F@F4O 24-28% 7F;0;8 <044O, 16-18% 90L, 1,0-3,5% <8=5@0; <044O;O@, > 6F<;O4O= 9>4, D>AD>@, :F:F@4, :0;A8C<, :0;8C<, <03=578C<, 4O<8@, <0=30= 2O A. 5;5<5=B;O@ >;C@. K@<K7K :F@F4O 24-32% 7F;0;8 <044O, 10-16% 90L, 1,2-1,9% <8=5@0; <044O;O@ 20@4K@. 8B0<8=;O@4O= , 1, 2, 12, , , , , ) 2O 48MO@ 28B0<8=O1O=7O@ <044O;O@ 20@4K@. O@O 68=A;8 10;K3;0@40= (0L10;K3, =O@O10;KLK, C7C=1C@C=10;K3, H8? 2O :0;C30 10;K3;0@K=40=) 1FBF= 4F=9040 <OHIC@ >;0= 30@0 :F@F O;4O 548;8@. C 10;K3;0@40= 4O=O2O@  10=:0, GO;;O: 2O ?0AB5@87O 548;<8H :F@F; AKEK;<KH 2O 90ABK3 :F@FAF 0;K=K@. C=;0@40= O;02O 5<0;K=40= 0AK;K >;0@03 EO;18@4O= :5G8@8;<8H, 30E06 548;<8H 2O 4>=4C@C;<CH :F@F <OIAC;;0@K 40 8AB5IA0; 548;8@. F@F=F= OA0A :>=A5@2;OH48@8;<O FAC;C 4C7;0<04K@. 0;K3;0@ BCBC;4C340= A>=@0 >=;0@ 30=AK7;0H4K@K;K@, 9C9C;C@, 30@K= 1>H;CLC=C 5IB890B;0 0GK1 :F@F 90ABK3;0@K=K GKE0@K@;0@. <0; 54O=O 3O4O@ :F@F=F 20!-4O= <O=D8 10! 0@0AK=40 4-5 A00B40= G>E A0E;0<03 >;<07. O=O2O@ 10=:0 :F@FAF 3C@C 4C7;0<0 FAC;C 8;O 0=B8A5?B8: :8<8 C@>B@>?8= 2O 9598=B8 <O3AO4;O@8 FGF= I07K@;0=<KH ACAC7 FG?>;8D>AD0B O;02O 5B<O:;O I07K@;0=K@. F@F 4O=O;O@8 O22O;6O 8AB8;898 5-80! >;0= 8G<O;8 AC40 30 A0=89O O@78=4O 9C9C;C@ 2O O;O:4O= :5G8@8;8@. F@F=F= F7O@8=O :FB;OA8=8= 4,5-5,5%-8 3O4O@ :AB@0 EN@O: 4C7C, 0,1-0,15% C@>B@>?8= 2O FG?>;8D>AD0B O;02O 548;8@. C7;0<0 1-3 4O3, 8AB8 20EB;0@40 8AO 40 A0=89O9O 10H0 G0BK@. !>=@0 :F@F BO=O:O 10=:0;0@0 9KLK;K1 0L7K <NI:O< 10L;0=K@. 0=:0;0@K= 30?0LK @578= I0;30;0@;0 10=:090 AKEK;K@. 0=:0;0@K= 20:CC< HO@08B4O M5@<5B8: 10L;0=K;<0AK 40 BOB183 548;O 18;O@. C=40= A>=@0 4O=O2O@ :F@F 4>;4C@C;<CH 10=:0;0@ -2 ( -40!-9O 3O4O@ A>9C4C;C@. C B5<?5@0BC@40 >=C 6-8 09 A0E;0<03 >;0@. 59D899OB8=4O= 0AK;K >;0@03 O;0, 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@. /;0 A>@B 4O=O2O@ :F@F=F= 4O=O;O@8 18@ 10;KLK= 68=A8=4O= 0;K=<KH 8@8 2O >@B0 8@8, IO<68=A @O=M;8, 3C@C 40LK;0=, :O=0@ 404 2O 89A87 >;<0;K4K@. 1-68 A>@B0 4O=O;O@8 <FEBO;8D N;GF;F 2O @O=M;O@8 18@ 3O4O@ DO@3;8 >;0=, 18@ 3O4O@ =O< 2O 30BK :>=A8AB5=A890;K 0706K3 >B 404K I8AA >;C=0= :F@F 084 548;8@. 2-68 A>@B40 1C 3FAC@;0@ 40I0 G>E I8AA >;C=C@. FBF= A>@B;0@40 EN@O: 4C7C=C= <8340@K 3,5-5%, 0=B8A5?B8:8= <8340@K 0,2%-O 3O4O@, 30;09 1 :3-40 200 <3-40= G>E >;<0<0;K4K@. !B0=40@B F7@O 0<<80:K= <8340@K <OI4C4;0H4K@K;K@. 'O;;O: :F@FAF=F 0=B8A5?B8: O;02O 5B<O4O=, 4C7C= <8340@K=K 6-10%-O 3O4O@ 0@BK@<03;0 4C7;09K@;0@. 'O;;O: :F@FAF EFACA8 A8D0@8H;O I07K@;0=K@, O;0, 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@. 'O;;O: :F@FAF=F -2 ( -40!-4O 12 09 A0E;0<03 >;0@. 0AB5@87O 548;<8H :F@F BO7O 4O=O2O@ :F@F4O= 0=B8A5?B8: O;02O 5B<O4O=, 5;O6O 4O 1-68 2O 2-68 A>@B0 084 548;O= 4O=O2O@ :F@F4O= 0=B8A5?B8: O;02O 5B<O:;O I07K@;0=K@. C7;0=<KH :F@F 4O=O;O@8=8 BCBC<C 28, 56 2O 112 3 >;0= HFHO 10=:0;0@0 M5@<5B8: 301;0H4K@K1, 600!-4O 10=:0=K= IO6<8=4O= 0AK;K >;0@03 210, 225 2O 260 4O383O ?0AB5@87O 548@;O@. C=;0@K= :59D899OB8 ?0AB5@87O 548;<O<8H 10=:0 :F@FAF=O =8A1OBO= 0H0LK >;C@, GF=:8 ?0AB5@87O =OB86OA8=4O :F@F 4O=O;O@8 0760 1O@:898@, 3C@C9C@, 404K 4O98H8@. C7C= <8340@K 3-5%-48@. /<BOO A>@B;0@K=0 09@K;<K@. 0AB5@87O 548;<8H :F@F=F >B03 B5<?5@0BC@C=40 4-5 09, -10 ( -120!-4O 12 09 A0E;0<03 >;0@. !KEK;<KH :F@F 7O8D 2O 4O=O2O@ :F@F 8AB5IA0;K FGF= 90@0@AK7 >;0= :F@F 4O=O;O@8=4O= I07K@;0=K@. F@F 4O=O;O@8 8AB8;898 38-450! >;0= 4C7;C340 1,5-2 4O383O 4C7;0=K@, A>=@0 O;O:4O= :5G8@8;8@ 2O 90 EFACA8 :8AO;O@4O BO@:818=4O 40%-4O= G>E AC >;<0<03 HO@B8;O ?@5A;O=8@. )07K@ :F@F BCBC<C 2 :3-0 3O4O@ >;0= HFHO 10=:0;0@0, EFACA8 A8D0@8H;O IO6<8 200 ;-4O= 0@BK3 >;<090= 2O AC 1C@0E<090= ?0;K4 GO;;O:;O@O 301;0H4K@K;K@. 59D899OB8=4O= 0AK;K >;0@03 O;0, 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@. /;0 A>@B0 084 :F@F BF=4 @O=M;8, IO<68=A :>=A8AB5=A890;K, >@B0 9C<H03;K340, E>H0MO;O= 7O8D 4C7;C, 1O7O= 7O8D 06K;K3 I8AA >;C=C@. 1-68 A>@B40 :>=A8AB5=A890 IO<68=A >;<090 40 18;O@, 4C7;0=<0AK 1O@01O@ >;<C@, 0706K3 BF=4;F: 2O 06K;K3 I8AA >;C=C@. 2-68 A>@BC= @O=M8 <FEBO;8D G0;0@;K 1>7, :>=A8AB5=A890AK 4C@C40= 1O@:O 3O4O@, 4C7;0=<0AK 359@8-1O@01O@, 7O8D >:A84;OH<8H 90L 898, 06K 404K 8;O DO@3;O=8@. !KEK;<KH :F@F4O =O<;8: (40%-O 3O4O@), 4C7C= <8340@K (4,5-7%), 0<<80: 2O 30;09K= <8340@K =>@<0;0H4K@K;K@. !KEK;<KH :F@F=F -10 ( -120! B5<?5@0BC@40 1 8;O 3O4O@ A0E;0<03 >;0@. 0ABK3 :F@FAF 7O8D 8=:8H0D 5B<8H, 90ABK3;0@40= GOB8= 09@K;0=, 90L;K 90ABK3;0@40= I07K@;0=K@. "8:O;O@O 4>L@0=<KH 90ABK3;0@K 4>9<CH EN@O: 4C7C <OI;C;C=40 5-8 4O3 4C7;09K@;0@. C :F@F 9F:AO: 30AB@>=><890 E0AAO;O@8=O <0;8: >;<09K1, 10H30 :F@F;O@O =8A1OBO= 0H0LK :59D899OB;848@. !>@B;0@0 1N;F=<F@. O7O= 90ABK3 :F@FAF=4O= 30E06 548;<8H :F@F I07K@;0=K@. 0ABK3 :F@FAF=F -4 ( -60!-4O 6 09 A0E;0<03 >;0@. K7K;10;K3 :F@FAF #703 (O@3 3K7K; 10;K3;0@K=40= 0;K=K@. /A0AO= 4O=O2O@ 2O 07 <8340@40 90ABK3 :F@FAF :8<8 I07K@;0=K@. 5B0 2O 3>@1CH0 10;K3;0@K=K= :F@FAF 90EHK 404K 8;O DO@3;O=8@. O=O2O@ 3K7K;10;K3 :F@FAF 8AB5IA0; 5B48:4O :F@F=F A>9C3, 4>9<CH 4C7 <OI;C;C=40 4C7;09K@;0@. C7;04K340= A>=@0 :F@F9O C@>B@>?8= 2O A>@18= BC@HCAC O;02O 548;8@. K7K;10;K3 :F@FAF 4O=O;O@8=8= 18@-18@8=O 90?KH<0<0AK 2O BO188 06K 404K= 070;4K;<0AK FGF= 100 :3 :F@F9O 600 3 @0D8=04;0H4K@K;<KH MF=O10E0= 2O 90 30@LK40;K 90LK 2O 15 3 3;8A5@8= O;02O 548;8@. F@F GO;;O:;O@O, BO=O:O 10=:0;0@0 2O 90 HFHO 10=:0;0@0 301;0H4K@K;K@. 59D899OB8=4O= 0AK;K >;0@03 1-68 2O 2-68 O<BOO A>@BC=0 09@K;K@. C7C= <8340@K 4-7%-48@. #@>B@>?8= 2O A>@18= BC@HCAC=C= <8340@K 0,1%-O 3O4O@ >;0 18;O@. O=O2O@ 3K7K;10;K3 :F@FAF=F -6 ( -70!-4O 10 09 A0E;0<03 >;0@. 0E06 5B<O: 2O 4>=4C@<03 FGF=, OA0AO= >:50= 2O 40E8;8 ACBCB0@;0@K=, > 6F<;O4O= :5D0; 2O 10H30 ?C;6C3;C 10;K3;0@K= :F@FAF=4O= 8AB8D04O 548;8@. 0H30 10;K3;0@40= 0;K=0= :F@F;O@4O=, BO@:818=4O 6-8% 4C7 >;0= 10=:0 :F@FAF, 10-14% 4C7 >;0= GO;;O: :F@FAF, IO<8= <8340@ 4C7 >;0= ?0AB5@87O 548;<8H :F@F, BO@:818=4O 4,5% 4C7 >;0= EFACA8 ?0AB5@87O 548;<8H :F@F, BO@:818=4O 1,5-2% 4C7 >;0=, EK@40 G0AB8: 2O !818@ @90?CH:0AK=40= 0;K=0= AB5@8;87O 548;<8H :F@F, :5D0;, BC=A 2O ;>10= 10;K3;0@K=40= 0;K=0= 4C7;C-30E06 548;<8H 90ABK3 :F@FAF, -180!-4O 4>=4C@C;<CH :F@F I07K@;0=K@. C :F@F;O@8 -1( -50!-4O 4-6 09, 4>=4C@C;<CH :F@F=F 8AO -180!-4O 8 09 A0E;0<03 >;0@. >=4C@C;<CH 10;K3 :F@FAF=4O= ?0HB5B;O@, A0;0B;0@, 3K70@4K;<KH :F@F 2O A. :C;8=0@ <O<C;0B;0@K I07K@;0=K@. 10.14.  -+ !# %+ 59@8-10;K3 AC E0<<0;;0@K=40= 9598=B8 <O3AO4;O@8 FGF= >=C@L0AK7;0@40= 2O 4O=87 9>AC=;0@K=40= 8AB8D04O 548;8@. !C40 90H090= >=C@L0AK7;0@40= AO=095 OIO<899OB8 >;0=;0@K EO@GO=M:8<8;O@ (:@01, EO@GO=M, :@525B:0, ><0@, ;0=3CAB;0@); <>;9CA:;0@ (8:8B09;K;0@  <84890, 40@0360, CAB@8A0 2O 1; 30@=K0903;K;0@  B@C10G, @0?0=, 4O=87 3C;0LK; 10HK0903;K;0@  :0;<0@, :0@0:0B8A0, AO::870903 - >A<8=>3) 2O 4O@8A8 B8:0=;K;0@4K@ (B@5?0=3, :C:C<0@890, 4O=87 :8@?8A8). !>= 70<0=;0@ 4O=87 <O<O;8;O@8=4O= 3840 <O3AO4;O@8 FGF= 8AB8D04O 548;<O98= 9>;;0@K 0@0H4K@K;K@. !C40 90H090= >=C@L0AK7;0@K= OB8 9F:AO: 3840;K;K3 4O9O@8=O 2O <F0;86O28 E0AAO;O@O <0;8:48@. C=;0@K= OB8=4O:8 7F;0;;0@40 O2O7548;<O7 0<8=BC@HC;0@K G>E4C@. 1, 2, 12 28B0<8=;O@8, <8:@>5;5<5=B;O@4O= 9>4, <0=30=, :>10;B, <8A 2O 48MO@ 5;5<5=B;O@ 3C@C40 90H090= I5920=;0@K= OB8=4O >;0=40= 30B-30B G>E4C@. @0140= OA0AO= N7 H8@OA8=4O :>=A5@2 I07K@;0=K@. 8H8@8;<8H 2O 18H8@8;81-4>=4C@C;<CH I0;40 >;C@. @01 :>=A5@28A8 :59D899OB8=4O= 0AK;K >;0@03 O;0 2O 1-68 O<BOO A>@B;0@K=0 09@K;K@. @525B:0 A>9C4C;<CH 2O 4>=4C@C;<CH I0;40 A0BKH0 25@8;8@, BO188 :@525B:0 :>=A5@28A8 8AB5IA0; 548;8@. "O7O EK@40 >:50= :@525B:0AK=40= 18H8@8;81 4>=4C@C;<CH I0;40 7F;0;;K :50= ?0AB0AK I07K@;0=K@. 8489040= 18@8=68 2O 8:8=68 EN@O: :>=A5@2;O@8, IO<G8=8= 3O;90=0;BK :>=A5@28A8 8AB5IA0; 548;8@. O=87 40@0360AK=40= "O188 4O=87 40@0360AK OB8 :>=A5@28A8 2O O=87 0AA>@B8A8, O=87 40@0360AK OB8 E0@40; A>CAC=40 ?@5A5@28A8 2O <FEBO;8D :C;8=0@ <O<C;0B;0@K 8AB5IA0; 548;8@. O=87 0AA>@B8A8 :>=A5@28A8=O :0;<0@K= OB8, :F@F, 5@:O: 10;KLK= AF4F, 4O=87 :O;O<8, 95@:N:F 2O 40@0360=K= O7O;O OB8 30BK;K@ 2O F7O@8=O B><0B A>CAC BN:F;F@. 0;<0@K= 3840;K;K3 4O9O@8=O <0;8: >;0= I8AAO;O@8 1O4O=8, 10HK 2O 30103 0903;0@K4K@. >=4C@C;<CH 2O 3C@C4C;<CH HO:8;4O A0BKH0 25@8;8@. A<8=>3C= 9598;O= I8AAOA8 10HK, 0903;0@K 2O >20;20@8 1O4O=848@. 04K=0 MN@O :0;<0@0 >EH09K@. 0HK0903;K <>;9CA:;0@40= <FEBO;8D :>=A5@2;O@ 8AB5IA0; 548;8@. "@5?0=3 2O :C:C<0@89040= 18H8@8;81-3C@C4C;<CH <OIAC;;0@ 2O :>=A5@2;O@ I07K@;0=K@. O=87 :8@?8A8=8= 3840 <O3AO4;O@8 FGF= 90;=K7 :F@FAF 8AB8D04O 548;8@. "O@:818=4O 12-20% 7F;0; 2O 10-35% 90L >;C@. O=87 :O;O<8=4O=  ;0<8=0@89040= 3840 <O3AO4;O@8, EFACAO= ?OI@87 3840AK FGF= 8AB8D04O 548;8@. O=87 :O;O<8=4O 7F;0;, :0@1>I84@0B;0@ (<0==8B, 3;F:>70, D@C:B>70, =8H0AB0), 07 <8340@40 90L, <FEBO;8D <8:@>5;5<5=B;O@, > 6F<;O4O= 9>4 2O 28B0<8=;O@ 20@4K@. O=87 :O;O<8=4O= :>=A5@2 2O ?@5A5@2 I07K@;0=K@. %K@40;0=<KH I0;40 4O=87 :O;O<8 <592O-M8;O<592O;8 <0@<5;040 2O EFACA8 ?OI@87 GN@O98=8= EO<8@8=O 30BK;K@. O=87 :O;O<8=8 A8@:O9O 3>9<03 >;0@. 0H30 4O=87 9>AC=;0@K=40= 030@ 2O 030@>84, <0==8B 2O 0;38=0B;0@ 0;K=<0AK=40 8AB8D04O 548;8@. C <OIAC;;0@40= 3O==04K 2O 9598=B8 AO=095A8=8= 48MO@ A0IO;O@8=4O 8AB8D04O >;C=C@.  "-/$ -.!"/ ! 13>@0& & & & & ..& & .224 1H5@>= GN@O98& & & ..& .106 6KB<0;K& & & & & ..& & 107 48 30BK3& & & & & ..& ..324 48 :>=90:;0@& & & ..& ..254 4KM59 ?5=48@8& & & ..& .358 L0@BK& & & & & & & ..& 322 L10H :O;O<& & & & & ...120 L 8AB8>B& & & & & & & ...217 L :N:;O@& & & & & & & .120 L BC@?& & & & & & & ...119 L BCB& & & & & & & ..& 137 :B82 BC@HC;C3& & & & & ..19 :B8=& & & & & & & & & 378 :B><8>78=& & & & & & .378 :C;0& & & & & & & ...& 429 3@530B;0H4K@<0& & & & ...61 ;010;K3;0@& & & & & & ..426 ;10;K& & & & & & & ...& 130 ;1C<8=;O@& & & & & & ...15 ;59@>= BO1O3O& & & & & .74 ;<0& & & & & & & & ...128 ;B09 ?5=48@8& & & & ...& 352 ;G0& & & & & & & & .....131 =0=0A& & & & & & & ....138 =B@5:>B OB8& & & & & & .417 =G>CA 10;K3;0@K& & & & .428 ?5@0B82;O@& & & & & ..& 241 @03& & & & & & & & & .238 @<C4& & & & & & & & .128 @><0B;K 4>=4C@<0& & ..365 @?0 90@<0AK& & & & & & 78 @B5: 90@<0AK& & & & ...& 79 A5?B8: :>=A5@2;OH48@<O& 45 A84>D8;-0;1C<8= ?0AB0AK..329 A84>D8; ?0AB0AK& & & & ..329 A84>D8;8=& & & & & & & 325 A84>D8;;8 30BK3& & & & & 324 A84>D8;;8 <090;K AF4& & ..325 A84>D8;;8 AF4& & & & & ..325 H107;K3 A>CA;0@K& & & & ..86 HE0=0 9KLK<K& & & & & .416 HE0=0 9C<C@B0AK& & ..& 369 HE0=0 :OA<898& & & & ..329 HE0=0 E0<0AK& & & & & 321 HE0=0 E0@40;K& & & & & 217 HE0=0 GCLC=4C@C& & & .119 HE0=0 HO@1OB;O@8& & & & 163 9@0=& ..& & & & & & & 326 7O@10960= GN@O98& & & .106 7O@10960= H8@=8990BK& & 196 7>B;C <044O;O@& & & .14, 75 7C& & & & & & & & & .416  040<& & & & & & & & 134 0490=& & & & & & & & 218 04K<60=& & & & & & & 126 0;& & & & & & & & & & 164 0;70<& & & & & & & & .241 0;K3& & & & & & & 421-423 - 90@K<D01@8:0B;0@K& & & ..452 0;K3 :0101K& & & & & & 452 0;K3 :>=A5@2;O@8& & & & .447 - G5H848& & & & ...& ..447-449 - :59D899OB8& & & & & & .450 - <0@:0;0=<0AK& & & & .409 - A0E;0=K;<0AK& & & & & .450 0;K3 ?@5A5@2;O@8& & & & .450 - G5H848& & & & & & 450-451 - :59D899OB8& & & & & & .451 - A0E;0=K;<0AK& & & & & .451 0;K3 <OIAC;;0@K& & & & .421 0;K3 A>9CB<0AK& & & & .454 0;K340= :C;8=0@ <O<C;0BK& & & & & & & & & & 453 0;KLK= 10HK& & & & & & .423 - 1O4O= 3C@C;CHC& & & & 423 - :8<9O28 BO@:818& & .429-431 0;K: <OIAC;;0@K& & & & .443 0;; 389<OB8& .& & & & & .34 0=0=& & & & .& & & & 137 0@0=:8& & & & & & & & 110 0@0=:8 <O<C;0BK& & & ..110 - - :59D899OB MNABO@868;O@8& 112 - - A0E;0=K;<0AK& & & & ...112 0H A>L0=& & & & & & & 121 5DAB@>30=>2& & & & & ..416 5:>=& & & & & & & & ..407 59=O;E0;3 AB0=40@B& & & .40 O@4O ?5=48@8& & & & & ..356 O@?0 548;<8H AF4& & & & 317 8DHB5:A& & & & ...& & & .417 8>:8<9O28 ?@>A5A;O@& & & 37 8@;OH48@868 B>EC<0& & & .380 8B:8 90L;0@K& & & & & & .275 - G5H848& & & & & & .277-281 - 8AB5IA0;K& & & & & & & 275 - :59D899OB8& & & & & & .281 - 301;0H4K@K;<0AK& & & ....284 - A0E;0=K;<0AK& & & & & .285 8H<8H :>;10A0;0@& & & & 401 8H<8H :@5<& & & & & & .86 >90 <044O;O@8& & & & & 20 ><10J& ..& & & & .153, 414 >AB0= BO@O2O7;O@8& & ..& 118 N9F@B:O=& & & & & & ..133 @K=70 ?5=48@8& & & & & .355 C1;8:& & & & & & & & ..110 C4 OB8& & & & & & & & .407 CL40& & & & & & & & & .77 CL40 90@<0AK& & & & & ..79 CL40 C=C& & & & & & 90-92 - 18@8=68 A>@B& & & & & ..& 91 - 4O=O2O@& & & & & & ...& 91 - O;0& & & & & & & & & & 91 - 8:8=68 A>@B& & & & & ...& 92 - :O?O:;8& & & & & & & & 92 - <0:0@>= C=C& & & & & .92 CL;C OB& & & & & & & ...386 CE0@;0=4K@K;<KH 4C7& & ..222 CJ5=8=0& & & & & & & ..407 C@=>BC.& ..& & & & & & 264  0= OB8& & & & & & & & .417 0<KH AF4F& & & & & & ..314 5<& & & & & & & & & .173 O<4O98= :FB;OA8& & & & 375 O=C1 30BKLK& & & & & ...325 8=& & & & & & & & & & 242 8@O& & & & & & & & & ..218 8@O;8 GN@O:& & & & & & .108 ' '0=0E ?5=48@8& & & & & .355 '09& & & & & & & & & ..199 - G5H848& & & & & & .205, 206 - 8AB5IA0;K& & & & & & & 203 - :59D899OB MNABO@868;O@8& ..209 - A0E;0=K;<0AK& & & ..209-211 '09 8G:8;O@8& & & & ..199, 207 - G5H848& & & & & & & & 208 - 8AB5IA0;K& & & & & & & .208 '09B8:0=K& & & & & & & 132 '5445@;OH48@<O& ..& & & 353 '5H84& & & & & & & & & .51 - M5=8H& & & & & & & & & 53 - 8AB5IA0;0B& & & & & & ....51 - 3C@C;CHC& & & & & & & .52 - 3@C?C& & & & & & & & ..53 - <0@:0;K& & & & & & ...& 53 - <F@O::O1& & & & & & ...52 - A04O& & & & & & & & & 52 - B860@OB& & & & & & & & .52 'O:8 10;K3;0@K& & & & & ..427 'O:8;81-1F:F;<FH OB& & ..415 'O;;O: :F@FAF& & & & & ..456 'O98@4O:;8 <592O;O@& .127,129 '8GO: 38H0AK& & & & & & ...74 '89 I8A;O=<8H :F@O:& & & 107 '89O;O:& & & & & & & & .133 'N:4F@F;<FH 4C7 & & & ..221 'N@O: & & & & & & & & & 97 'N@O:-1C;:0& .& & & 97, 100 'N@O98= G5H848& & .& 100,102 - 8AB5IA0;K& & & & & & & .98 - :59D899OB MNABO@868;O@8& .102 - A0E;0=K;<0AK& & & & & 103 - A>@B;0@K& & & & & & & .100 'F@F<O& & & & & & & & 37  0@K 90@<0AK& & & & & & 81 0@GK=& & & & & & & & .220 0H 4C7& & & & & & & ..221 5D@>AB0A890 548;<8H OB& ...387 5A5@B 8G:8;O@& & & & 228,241 5A5@B ;8:N@;O@& & & & & 240 5A5@B ?C48=3& & & & & ...86 5A5@B BO@O2O7;O@& & & & .118 5A5@B HO@01;0@& & & & & 249 OD=O 90@?0LK& & & & & .219 O=O2O@ 10=:0 :F@FAF& ..455 O=O2O@ 3K7K;1K;K3 :F@FAF& & & & & & & & & & ..457 O=O2O@ C=& & & & & & ...91 O=87 10;K3;0@K& & & & & 422 O=87 40@0360AK& & & & ..458 O=87 :O;O<8& & & & ...& 458 O=87 :8@?8A8& & & & & & 458 O=;8 BO@O2O7;O@& & & ..& 118 8@8 10;K3& & & & & & & .431 8@8 :FB;O& & & & & & & .374 >=4C@C;<CH 10;K3& & & 434 >=4C@C;<CH 10;K3 389<OA8& & & & & & & & .& 452 >=4C@C;<CH OB& & & & .387 >=4C@<0& & & & & & ..364 >=C7 90LK& & & & & & ..289 >=C7;0@& & & & & & & .376 >230 ?0AB0AK& & & & & .330 NH OB8& & & & & & & & .417 @0J5& & & & & & & & & 182 C7 <OI;C;C=40 4C7;0<0..438 C70 3>9C;<CH MN1O;O:& 160 C70 3>9C;<CH E890@& & 157 C70 3>9C;<CH ?><84>@..157 C7;0<0& & & & & & 46, 437 C7;0=K1 3C@C4C;<CH 10;K3& & & & & & & & & & .442 C7;0=<KH 10;K3 <OIAC;;0@K& & & & & & ..& & & ..437 - 301;0H4K@K;<0AK& & & ...439 - A0E;0=K;<0AK& & & & & 441 C7AC7 3C@C4C;<CH 10;K3.442 C@=0 10;KLK& & & & & & 428 FH1O@O& & ..& & & & & 419 F9F 90@<0AK& & .& & 81, 89  :AB@0:A890& & & & & & 276 :AB@0:A890 >;C=<CH G09..207 :AB@0:B;0@& & & & & & .228 ;0AB8: 3KLK@403& & & & ..381 ;0AB8=& & & & & & & & .381 =4>A?5@<& & & & & & & 74 A:0;>?& & & & & & & & 417 B8; A?8@B8& & & & & ..237-238 2 E0<0AK& & & & & & & 321 2 3CH;0@K& & & & & & & 391 / /428990B;K 4C7;C 10;K3.439-440 /42899O;O@& & & & & & ..216 /42899O;8 MN9O@B8;O@...118, 122 /;02O;8 AF4& & & & & & ..317 /<BOOHF=0A;KLK= 10H30 5;<;O@;O O;03OA8& & & & & & ....9 - <5B>4;0@K& & & & & & & 5 - <O3AO48& & & & & & & ..4 - ?@54<5B8& & & & & & & .3 - B0@8E8& & & & & & & & ...8 - 2O78DO;O@8& & & & ..& 4, 5, 7 /=68@& & & & & & & & & 136 /@O18AB0= EC@<0AK& & & .138 /@M8= ?5=48@;O@& & & & & 358 /@M8= AF4& & & & & & & .317 /@8:& & & & & & & & & ..131 /@8HBO& & ..& & & & & & .114 /@703 <0;;0@K=K= 40HK=<0AK& & & & & & & .& & ..42 - - :59D899OB8& & & & & & .22 - - :59D899OB8=8= BO98=8& & .32 -- :>4;0H4K@K@K;<0AK& & & ...53 - - 301;0H4K@K;<0AK& ..& 40-42 - - 3840;K;K3 4O9O@8& & .& ...20 - - A0E;0=K;<0AK& & & & & .35 - - AB0=40@B;0H4K@K;<0AK& & 59 - - BOA=8D0BK& & & & & & & 48 - - 7O@O@A87;898& & & & & ...25 /B GKE0@K& & & & & & & ..375 /B GN@O:;O@8& & & & & & .401 /B :>=A5@2;O@8& & & & & .408 - G5H848& & & & & & & & .410 - :59D899OB8& & & & & & ..414 - 3FAC@;0@K& & & & & ...& 414 - <0@:0;0=<0AK& & & .& .409 - A0E;0=K;<0AK& & & & .& 415 /B 389<OA8& & & & & & & 419 /B-AC1<OIAC;;0@& & & & .389 /B 90@K<D01@8:0B;0@K& & ..416 - :59D899OB8& & & & & & .419 - 301;0H4K@K;<0AK& & .419-420 - A0E;0=K;<0AK& & & & & .420 /B8= 40<L0;0=<0AK& & & 386 /B8= A0E;0=K;<0AK& & & & 396 /B8= BOA=8D0BK& & & & & & 383 /B8@;O=48@8;<8H HO@01;0@& ..252 /B8@;8 8AB8>B& & & & & & ...217 /B8@;8 <044O;O@& & & & & ..19 /B;8 H>@10& & & & & & & ..84 /7M8;& & & & & & & & & .129 /7M8; HO@01K& & & & & & ..224 $ $5=>; 18@;OH<O;O@8& & & & 19 $5@<5=B;O@& & & ..15, 76, 313 $59E>0& & & & & & & & .136 $K=4K3& ..& & & & & & & 133 $878:8-:8<9O28 ?@>A5A;O@& ..35 $878:8 ?@>A5A;O@& & & & & .35 $@C:B>70& & & & & & & & 12 - -020;K& & & & & & & & ..130 -5=5@0B82 BO@O2O7;O@& & & 118 -O=6O GN@O98& & & & & & 107 -8;0A& & & & & & & & & .130 -8;O<592O;O@& & & ...127, 132 -N1O;O:& & & & & ...158, 159 -N1O;O: :>=A5@28A8& & & .160 -N1O;O:;8 H>@10& & & & & 85 -N9 30103& & & & & & .123 -N9 ;>190& & & & & & & 126 -N9 =>EC4 & & & & & & .126 -N9O<& & & & ..& & & ..130 -F; :O;O<& & & & & & & 120 -F=O10E0= 90LK& & & & ..277 ) )0;20& & & & & & & & ..183 )58=7& & & & & & & & ..339 )5<8A5;;F;>70& & & & & )5920& & & & & & & & ..129 )5920=0B 90L;0@K& & & & 286 )O1HO:8;;8 G09& & & & & ..206 )O;;>;0= 3OI2O& & ....213-214 )O;<OH8: 0;BK=40 10;K3& ...454 )O2OA:0@ 4>=4C@<0AK& & 366 )O2OA:0@ E0<0AK& & & & .321 )5@:C;5A& & & & & & & 88 )80;8= 3KLK@40LK& & & ...& 381 )84@>;070;0@& & & & & & ..16 )84@0B0A890& & & & & & .276 )84@>M5=;OH48@<O& & & ..298 )84@>?5@55B5@8D8:0A890& ...299 )8;& ..& & & & & & & & .218 )8??& & & & & & & & & .339 )8AO 25@8;<8H 10;K3& & & ..444 )8AO 25@8;<8H OB& & & & & 405 )8A;O=<8H :>;10A0;0@& & ..402 )>;;0=4890 ?5=48@8& & & .353 )C<0=0& & & & & & & .339 % %0<0& & & & & & & & ...321 %0< ?89& & & & & & 386-287 %0=K 10;KLK& & & & & & ..427 %0@40;& & & & & & & & .216 %0@40; 90LK& & & & & & .280 %0@BCB& & & & & & & & .137 %5@5A HO@01K& & & & & & 252 %890@& & & & & & & & ...122 %N@O: 4C7C& & & & & & .221 %C@<0& & & & & & & & .138 %FACA8 :5D8@& & & & & & 326  G0;0B :>;10A0;0@K& & & & 403 ;0= 10;KLK& & & & & & & 428 <<C= 68A8<;O@8& & & & .313 =25@B HO:O@& & & & & & & 12 ==01& & & & & & & & & 137 =C;8=& & & & & & & & .& 12 @8A..& & & & & & & & & .183 A?0=03& ..& & & & & & .122 AB8 FAC;;0 3C@CB<0& & & .442 AB8 I8A;O<O& & & & & & ..446 A25G ?5=48@8 & & & & & ..352 B1C@=C& & & & & & & & 133 94O& & & & & & & & & .137 9=O=8;O= <0E>@:0& & & .264 7><5@070;0@& & & & & & .16 * *5;5& & & & & & & & .86, 174 *5;5;8 :@5<& & & & & & & 86 *83C;8 ?82OA8& & & & & & .233  0101;K3 OB& & & & & & ..416 0:0> B>7C& & & & ..175, 177 0:0> 90LK& & & & & & ..280 03>@& & & & & ..& & & 250 0IK& & & & & & ...& & ..121 0IK-8A?0=03 BO@O2O7;O@8& 117 0;<0@& & & & & & & & .458 0<10;0& & & & & & & ..428 0@0<5; <O<C;0BK& & & ..178 0@1>I84@0B;0@& & & ...11, 76 0@>B8=& & & & & & ...18, 20 0@>B8=>84;O@& & & & & & 20 0@B>D& & & & & & & ..& 118 0@B>D =8H0AB0AK& & & ...& 161 0C=0A ?5=48@8& & & & & 354 0758=& & & & & & & & ..312 5G868 10;K3;0@& & & & & .422 5D0; 10;KLK& & & & & & ..429 5D8@& & & & & & & & & .325 5:A& & & & & & & & & .195 5H=8H& & & & & & & & .218 O;O< BO@O2O7;O@8& & & & 117 O=4;8 :OA<898& & & & & 329 O=4;8 E0<0AK& & & & & .321 O@O 90LK& & & & & & & .342 - 8AB5IA0;K& & & & & & & 343 - :59D899OB8& & & & & & .346 - 301;0H4K@K;<0AK& & & & 348 - 3FAC@;0@K& & & & & & ..347 - A0E;0=K;<0AK& & .& 349-350 - BOA=8D0BK& & & & & & & .344 OA<8:& & & & & & & & .327 OA<8: <O<C;0BK& & & & 329 8D;O=<O& & & & & & & & 38 8;:O 10;KLK& & & & & & ..427 8A5;& & & & & & & & & ..85 >4;0H4K@<0& & & & ..53, 55 >:B59;& & & & & & & & 242 >;10A0 <O<C;0BK& & & ..399 - :59D899OB8& & & & & & ..404 - 301;0H4K@K;<0AK& & & & 404 - A0E;0=K;<0AK& & & & & .405 >;;0M5=& & & & & & & ..380 >;;5:A890 HO@01;0@K& & & 249 ><?>B;0@& & & & & ...& 152 >=D5B <O<C;0BK& & & & 180 >=A5@2;OH48@<O FAC;;0@K& .44 - 18>:8<9O28& & & & & & .46 - D878:8& & & & & & & & ...44 - D878:8-:8<9O28& & & & & .46 - :8<9O28& & & & & & & ..47 >@59:0& & & & & & & ..407 >B;5B OB8& & & & & & & .417 N:F<592O;8;O@& & & ..& 117 N:F9C<@C;0@& & & & & 117 N?F:;O=O= HO@01;0@& & ..252 @01& & & & & & & & & .458 @5:5@& & & & & & & & ..188 @5< ;8:N@;O@& & & & & ..240 @525B:0& & & & & & & ..458 @C?=> - 1CL40 E;>?90AK& & & & ..88 - G>240@ E;>?90AK& & & & .88 - 40@K E;>?90AK& & & & & ..88 C:C<0@890& & & & & ...458 FDBO& & & & & & & & & 418 F@F& & & & & & & & & .454 20A& & & & & & & & & .237  0103& & & & & & & & ..124 01;0H4K@K6K <0B5@80;;0@& ..40 0;5B;O@& & & & & & & & 189 0;E0= 10;KLK& & & & & ...428 0E06 548;<8H 10;K3& & & 443 0=& & .& & & & & & & .380 0= :>;10A0;0@K& & & & ..403 0@0 8AB8>B& & & & & & & 217 0@0 <OE<O@8 G09& ...201-203 0@0 ?;8B:0 G09& & & & ...206 0@010H03 90@<0AK& & & ..80 0@0L0B& & & & & & & & 132 0@0<0; 68=A;O@8& & & & .375 0@LK40;K 90LK& & & ...80, 279 - ;>?0AK& & & & & & & & ..81 - =8H0AB0AK& & & & & & & 162 - 90@<0AK& & & & & & & ..80 0@KHK3 4C7;0<0& & & & .438 0@?K7& & & & & & & ..& 124 0BK3& & & & & & & & ....324 0BK;0H4K@K;<KH AF4& & & ..336 09<03& & & & & & ...& 320 O1C; 30940;0@K& & & & & 70 OI2O& & & & & & & 211-214 OI2O 8G:8;O@8& & & ...214-216 O;90= BFBF=F& & & & & .263 840 30B<0;0@K& & & & & .30 - 8=D5:A890;0@K& & & & & ...31 - 7OIO@;O=<O;O@8& & & & ...31 89<O;O=<8H :>;10A0;0@& .401 K63K@<0& & & & & & & & 37 KLK@403 B>EC<0AK& & & ..381 K<K7& & & & & & & & ...326 KBK3>BC& & & & & & ...& 220 K@<K7K 8AB8>B& & & & ...& 217 K@<K7K BC@?& & & & & & 119 89<O;O=<8H :>;10A0;0@& .401 K7K;10;K3 :F@FAF& & & & 457 K7K; 10;K3;0@& & & & & ...426 ;8:>M5=& & & & & & & & 12 ;>1C;8=;O@& & & & & & ...15 ;F:>70& & & & & & 12, 163 ;9CB5;8=;O@& & & & & & & 15 >9C= 90LK& & & & & & ..289 >9C= AF4F & & & & & & 314 >9C=;0@& & & & & & & .375 >2C=& & & & & & & & ..124 >2CB& & & & & & & & & .89 >7& & & & & & & & & ..134 @59DC@B& & & & & & & ...127 C;90H& & & & & & & & ..416 C@A03 <090;K ?5=48@;O@& & & & & & & & ..353-354 C@C 4C7;0<0& & & & & .438 C@C 307;0H4K@K;<KH 8G:8;O@.288 C@C <F@O11O (AC:0B)& ...173 C@C AOIO@ 95<O:;O@8& & ...87 C@C ?5G5=95& & & & & ..188 C@C AF4& & & & & & & ..337 C@C4C;<CH 10;K3;0@& & ..441 C@C4C;<CH <592O-BO@O2O7& & & & & & & & & & 153 C@C4C;<CH <592O=8= G5H848& & & & & & & & & & ..155 C@C4C;<CH BO@O2O78= G5H848& & & & & & & & & & 154 C@CB& & & & & & & & ..340 C@CB<0& & & & & & & ...46 CH OB8& & & & & & ..391-396 CH OB8=4O= :>;10A0;0@& ..403  04CH:0& & & & & & ..339 0:B>70& & & & & & & & .12 0=M5B& & & & & & & & ..417 0B2890 ?5=48@8& & & & & 354 020H& & & & & & & & & 107 020H0=0& & & & & & & .224 O1;O18& & & & & & & & ...89 O@MO& & & & & & & & & .82 8070;0@& & & & & & & & .16 8D;8 3KLK@403& & & & & ...381 83070;0@& & & & & & ...& 16 8:N@-0@03 <O<C;0BK& & ..239 8:N@;O@& & & & & & & & 240 8:N@ HO@01;0@& & & & & .250 8<D0& ..& & & & & & & .380 8<>=& & & & & & & & ..135 8<>= BC@HCAC& & ..& 19, 223 8?84;O@& & & & & & ....13, 76 8?>84;O@& & & & & & & ...13 8B20 ?5=48@8& & & & & & 353 >190& & & & & & & & & 82  045@0& & & & & & & ....251 0;030& & & & & & & & 251 0;KH& & & & & & & & 339 0; 90LK& & & & & & & ..289 0;B>70& & & & & & & & .12 0;9CB:0& & & & & & .339 0:0@>= <O<C;0BK& & & 112 - - 8AB5IA0;K& & .& & & & .113 - - :59D899OB8& & & & & & 115 - - A0E;0=K;<0AK& & & & ...116 - - BOA=8D0BK& & & & & & ..114 0:@>5;5<5=B;O@& & & & ..11 0==K 90@<0AK& & & & & ..79 0@30@8=& & & & & & & .298 0@8=04;K 10;K3& & & & ...440 0@:0;K :>=90:;0@& & & .254 0@:0;K HO@01;0@& & & & .250 0@<5;04& & & & & & & 171 0@A0;0& & & & & & & & 251 09>=57& & & & & & & ..306 5G=8:>2 30BKLK& & & & .324 5E0=8:8 AB5@8;870A890& & ..45 592O 3K;0DK& & & & & & ..74 592O;O@& & & & & & & ..127 592O-M8;O<592O H8@=8990BK& & & ..& & & & & & .171 592O;8 4>=4C@<0& & & .365 592O-BO@O2O7 H8@O;O@8& & .152 592O-BO@O2O78= 40HK=<0AK& & & .& & & & & & .145 - O<BOO 5<0;K& & & & ..& 142 - :59D899OB8& & & & & & ..139 - 301;0H4K@K;<0AK& & & & 143 - A0E;0=K;<0AK& & & & & .146 - 9KLK< 4N2@F& & & & & .138 O@68& & & & & & & & & .82 OB1OE 90LK& & & ....293, 295 84890& & & & & & & & .458 8;;8 GN@O: <O<C;0BK& & ..105 - A04O& & & & & & & & ...106 - 90EHK;0H4K@K;<KH& & & & 106 8;;8 90@<0 :>=A5=B@0B;0@K& & & & & & & & & & .89 8:@>5;5<5=B;O@& & & & ...11 8=5@0; <044O;O@& 11, 77,313 8=5@0; AC;0@& & & & & ..226 8=A: ?5=48@8& & & & & .353 8>0;1C<8=& & & & & & 378 8>D81@8;90@ 7F;0;;0@& & ..378 8>3;>18=& & & & & & ...379 8>M5=& & & & & & & & 379 8>78=& & & & & & & & .378 8EO:& & & & & & & & ..219 >=>D;>@0;K 10; & & & & .164 >=>A0E0@84;O@& & & & & 11 >@C3& & & & & & & & .133 >A:20 :>B;5B8& & & & & 418 >B0; ?5=48@8& & & & & ..358 CA:0B 6N2F7F& & & & ...216 CA:0B HO@01;0@& & & & ..251 CAA& & & & & & & & & ..85 F@O11O& & & & & & & ..172 F@O::O1 7F;0;;0@& & & & 15  0I0@ BO@O2O7 :>=A5@2;O@8..151 0EGK20= ?5=48@8& & & & 357 0330 10;KLK& & & & & & 428 0;82:0& & & & & & & & 240 0=O& & & & & & & & ....219 0@& & & & & & & & & ...136 0@8=M8& & & & & & & & 135 0@HO@01& & & & & & & ..223 0AB>9:0& & & & & & & .241 0B0<0< 8AB8 I8A;O<O& & .446 0B>B5=890& & & & & & ..429 0B@8C<-3;FB0<0B& & & .224 59B@0;;0H4K@<0& & & & ..277 O@O 10;KLK& & & & & & ..425 8H0AB0& & & & & & ...12, 161 >EC4& & & & & & & & & 82 >@<0B82-B5E=8:8 AO=O4& & 61 C:;58= BC@HC;0@K& & & .& .15 CB& & & & & & & & & & .83 F2O 7F;0;;0@K& & & & & .379  :>@>:& & & & & & & & 407 :A84-@54C:B070;0@& & & ..16 ;83>A0E0@84;O@& & & & & .12 @30=>;5?B8:8 BOI;8;& & & ..34 @4C ACE0@8A8& & & & & ..109 A<8=>3& & & & & & & ..458 2 3CH;0@K& & & & & & & 395  0E;0& & & & & & & ..83, 127 0E;0;K-4O=;8 18B:8;O@& & & .82 0E;0;K BO@O2O7;O@& & .118, 126 0;<0 90LK& & & & & & ..281 0<1K3 90LK& & & & & & 278 0?8@>A;0@& & & & & & & 261 0AB5@870A890& & & & & & .45 0AB5@87O 548;<8H :F@F& & 456 0AB5@87O 548;<8H AF4& & ..316 0AB8;0& & & & & & & ..& 172 0HB5B;O@& & & & & & & ...403 0B8AA>=& & & & & & & ...123 0B:0& & & & & & & & & 163 5=48@;O@& & & & & & & ..350 5=48@;O@8= :59D899OB8& & .359 - 3FAC@;0@K& & & & & & & 360 - A0E;0=K;<0AK& & & & & .361 5G5=95;O@& & & & & & & 188 OI@87 GN@O98& & & & & & 105 OI@87 E0<0AK& & & & & ..321 OI@87 :>;10A0;0@K& & & ..402 OI@87 9C<C@B0AK& & & & 369 8:0=B ?5=48@8& & & & & .354 8@>J=0& & & & & & & & .193 82O& & & & & & & & & ..232 ;><18@ 4>=4C@<0AK& & ..365 >;5=A: O4O48& & & & & ..284 >;8D;>@0;K 10;& & & & & ..164 >;8A0E0@84;O@& & & & & & 12 >;B020 90@<0AK& & & & & 79 ><84>@& & & & & & & ..125 >@B0L0;& & & & & & & ..135 >@B259=& & & & & & & ..251 >284;>& & & & & & & ....173 @5A;O<O& & & & & & & ..275 @5A;O=<8H G09& & & & & .206 @810;B8:0 ?5=48@8& & & & 353 @>;0<8=;O@& & & & & & & 15 @>B584;O@& & & & & & & ..15 @>B58=;O@& & & & & & & .15 @90=8:& & & & & & & & 191 C=H& & & & & & & & & .240 FABO& & & & & & & & & 134 F@59O>EH0@ <OIAC;;0@& ..153  03C& & & & & & & & & 417 0D8=04 3O=48& & & & & .168 0790=0& & & & & & & ..218 5B8:C;90@ 18@;OH48@868 B>EC<0& & .& & & & & & & ...380 59E5@B-<59A5;; O4O48& & 284 >:D>@ ?5=48@8& & & & & 355 ><& & & & & & & & & .242 ><;C :N:O;O@& & & & & 196 ><HB5:A& & & & & & & .418 C;5B & & & & & & ...196, 407 CA AOIO@ 95<O98& & & & ..88 FH59<& & & & & & & & ..75 90J5=:0& & & & & & & .324 ! !01C=;0H<0 O4O48& & .14, 284 !06O??O98& & & & & & & .107 !04O ACE0@8& & & & & & ..109 !04O 7F;0;;0@& & & & & & .15 !0L;0<;K3 ?0AB0AK& & & & 329 !0E0@>70& & & & & & & ....12 !0;><0A& & & & & & & ...298 !0?;03;K 8AB8>B& & & & & ..126 !0@45;:0 & & & & & & & ..401 !0@K GO:8< BFBF=F& & & 263 !0@K:N: & & & & & & & .220 !0@K<A03& & & & & & & ..121 !0@:>;5<<0 7F;0;;0@K& & .379 !0@:>?;07<0 7F;0;;0@K& & 378 !5;;F;>70& & & & & & & ....12 !5=A>@ BOI;8;& & & & & & ..34 !O=MO:& & & & & & & & .108 !830@5B;O@& & & & & & & .261 !830@;0@& & & & & & & & 263 !8@:O BC@HCAC& & & & .47, 223 !8@:O9O 3>9C;<CH MN1O;O:& & & & & & & & & ...160 !8@:O9O 3>9C;<CH <592O-BO@O2O7& & & & & & & .& 158 !8B@CA <592O;O@8& & & & ..135 !89O=O: 10;K3;0@K& & & & .426 !KE 18@;OH48@868 B>EC<0& ...381 !KEK;<KH :F@F& & & & & ...456 !K=03 FAC;;0@K& & & & ...69,70 !K9K3& & & & & & & & & ..85 !:C<1@890& & & & & & ...429 !>L0=& & & & & & & & ...121 !>L0= BO@O2O7;O@8& & & & .117 !>@18= BC@HCAC& & & & & ..47 !>@18B& & & ..& & & & & 166 !>@B& & & & & & & & & & 50 !>@B;C F9FB<O& & & & & ...91 !>A8A:0& & & & & & & & .401 !>90& & & & & & & & & ...83 !>90 90LK& & & & & & & .279 !>9C4C;<CH 10;K3& & & ...433 !>9C4C;<CH OB& & & & & 386 !>9C3 FAC;;0 3C@CB<0& & 442 !>9C3 I8A;O<O& & & & & .445 !>9C<CH OB& & & & & & .386 !>9CB<0;0@& & & & & & ..403 !?8@B;8 8G:8;O@& & & & & & 237 !?8@BA87 8G:8;O@& & & & & .225 !B0=40@B& & & & & & & & .59 - 159=O;E0;3& & & ..59, 70, 71 - 4N2;OB& & & & & & & & .64 - 4N2;OB;O@0@0AK& & & & & .60 - OA0A25@868& & & & & & & 67 - 3O1C; 30940;0@K& & & & ..70 - <OIAC; FGF=& & & & & ...67 - <8;;8& & & & & & & & & 60 - <FOAA8AO& & & & & & & ..65 - =O70@OB <5B>4;0@K& & & ..69 - @538>=0;& & & & & & & ..59 - AK=03 FAC;;0@K& & & & & .70 - B5E=8:8 HO@B;O@ & & 65, 68, 70 - B5E=8:8 BO;O1;O@& & & & ...69 - F<C<8 B5E=8:8 HO@B;O@& & 67 !B0=40@BK= :0B53>@890;0@K& 63 - =N2;O@8& & & & & & & & 63 !B0=40@B;0H4K@<0 - 30103;090=& & & & & & 62 - :><?;5:A& & & & & & & 62 - <O3AO48& & & & & & & ..60 - A8AB5<8& & & & & & & & .60 - 2O78DO;O@8& & & & & & & .60 !B5@8;870A890& & & & & ...& 45 !B5@8;87O 548;<8H AF4& & & 317 !C& ..& & & & & & & ..10, 75 !C1;8<0A890 FAF;F 8;O 3C@CB<0& & & & & & & & & & .46 !C1B@>?8: <592O;O@& 127, 136 !CE0@8 <O<C;0BK& & & & .109 - A04O 2O 90 >@4C& & & & 109 - 90L;K-HO:O@;8& & & & & ..109 !C:0B& & & & & & & & & 173 !C;C3C=8 ?5=48@8& & & & .356 !C<03& & & & & & & & ..224 !C<309KB ?5=48@8& & & & 357 !CH:8& ...& & & & & & & .110 !F4 :>=A5@2;O@8& & & & ...335 !F4 HO:O@8& & & & & & & 313 !F4 90LK& & & & & & & ...312 !F4 7F;0;K& & & & & & & .312 !F4;F 4>=4C@<0& & & & .365 !F4;F :>=A5=B@0B;0@& & & ..86 !F4;F H>@10& & & & & ...& 85 !F4F= ?0AB5@870A890AK& & .316 - AKE;KLK& & & & & & & & 314 - AB5@8;870A890AK& & & 316, 317 - BC@HC;CLC& & & & & & ..314 !FD@O HO@01;0@K& & & & & .248 !F<F: 90LK& & & & ..288,290 !F=8 10;& & & & & & & & 165 !F7<O& & & & & & & & ..330 ( (010;K4& & & & & & & & 134 (0DB0;K& & & & & & & & ..131 (O:O@& & & & & & & & & 166 (O:O@;8 30LK40;K& & & & ...127 (O:8 :F@O GN@O98& & & & ..108 (O@01 BC@HCAC& & & & & ..223 (O@01K= EOABO;8:;O@8& & & .255 - :59D899OB8& & & & & & .254 - 301;0H4K@K;<0AK& & & & 256 - 3FAC@;0@K& & & & & & .256 - A0E;0=K;<0AK& & & .357, 358 (O@1OB;O@& & & & & & & ..228 (O@3 H8@=8990BK& & & & & .184 (8@8= AC 10;K3;0@K& & & & .422 (8@20= ?5=48@8& & & & & .357 (=8BA5;& & & & & & & & ..417 (>:>;04& & & & & & & & 175 (>@& & & & & & & & & & 330 (>@0= 4C7C& & & & & & ..422 (>@10 ?F@5& & & & & & & .85 (>@10 9KLK<K& & & & & & 416 (B@8E:>4& & ..& & & & 55, 56 " "0EK;& & & & & & & & & ..73 "0EK;K= :8<9O28 BO@:818& & & & & & & & .74-75, 77 "0EK;K= A0E;0=K;<0AK& & & .94 "0;;8== :5D8@8& & & & & ...326 "0<;K 30B<0;0@& & & & ...221 "0@0& & & & & & & & & & 40 "5E=8:8 HO@B;O@& & & & & ...70 "O188 8B:8& & & & & & & & 42 "O188 :>B;5B& & & & & & ..417 "O188 BO@O2O7 :>=A5@2;O@8& 150 "O=1O:8 & & & & & & & ...264 "O=ODDFA ?@>A5A8& & & & ...37 "O@O2O7;O@& & & & & & & 117 "O98=0B MNABO@868;O@8& & & .23 ">EC< 3;0DK& & & & & & ..74 ">EC<;C <592O;O@& & & ..127 ">:09 HO@01;0@K& & & & ..250 ">;>:=>& & & & & & & & 87 "><0B <OIAC;;0@K& & & ...152 "><0B A>CAC& & & & & & 152 ">=CA;0=4K@K6K 8G:8;O@& & .228 ">@B& & & & & & & & & ..193 ">9C3;0@& & & & & & & ..392 ">9C3 :>B;5B8& & & & & ..418 ">9C3 9C<C@B0AK& & & & 367 ">7 HO:O@& & & & & & & .167 "@0=AD5@070;0@& & & & & ...16 "@5?0=3& & & & & & & ...458 "@5A:0 10;KLK& & & & & & 427 "@>?8: <592O;O@& & & & .127 "@>?><8>78=& & & & & ...379 "@C1:0 BFBF=F& & & & ....263 "C@HO=M& & & & & & & & 122 "C@HC4C;<CH :O;O<& & & 157 "C@HC;C3 O4O48& & & .13, 283 "CH ?5=48@8& & & & & & ..356 "CB& & & & & & & & & & 137 "F=4 ;8:N@;O@& & & & & ..240 "F=4 HO@01;0@& & & & & .251 "F=4;OH48@8;<8H HO@01;0@& 249 "FBF= <O<C;0BK& & & & .258 - G5H848& & & & & & & & .261 - :59D899OB MNABO@868;O@8& .264 - :8<9O28 BO@:818& & & & 259 - 301;0H4K@K;<0AK& & & & 267 - <0@:0;0=<0AK& & ..267, 268 - A0E;0=K;<0AK& & & & & .268 # #;B@0<8:@>5;5<5=B;O@& & ..11 #=& & & & & & & & & & .90 #=8D8:0A890& & & & & & & 61 #=;C 30@KHK3;0@& & & & & .86 #=C= :59D899OB MNABO@868;O@8& & & & & & & & & .93 - 301;0H4K@K;<0AK& & & & ..95 - A0E;0=K;<0AK& & & & & ..96 & &7F<& & & & & & & & ...132 &7F< HO@01;0@K& & ....244-253 &728 BC@HC;0@& & & & & & .19  0D;8& & & & & & & & & .192 0=8;..& & & & & & & & .218 5M5B0B82 BO@O2O7;O@& & ....177 5M5B0@80= H>@10AK& & & & 84 5@<8H5;& ..& & & & & & .114 O;O<8@ ;>?0AK& & & & & ..88 O;O<8@ 90@<0AK& & & & ..80 O7O@8& & & & & & & & ...122 8A:8& & & & & & & & & .241 8B0;0:B& & & & & & & 339 8B0<8=;O@& & & ...16, 77, 313  28B0<8=8& & & & & & & .18 1 28B0<8=8& & & & & & & .17 2 28B0<8=8& & & & & & & .17 6 28B0<8=8& & & & & & & .17 12 28B0<8=8& & & & & & ...18  28B0<8=8& & & & & & & ..17  28B0<8=8& & & & & & & .18  28B0<8=8& & & & & & & ..18  28B0<8=8& & & & & & & .18  28B0<8=8& & & & & & & ..18  28B0<8=8& & & & & & & 17 8B0<8=O1O=7O@ <044O;O@& 17 8B0<8=;OH48@8;<8H 8G:8;O@..228 8B0<8=;8 AF4& & & & & ..317 >;>3>4 90LK& & & & & ..344  0L 18@;OH48@868 B>EC<0AK...381 0L B>EC<0AK& & & & & ..382 0L;0@K= 0L0@4K;<0AK& & ..277 0L;0@K= A0D;0H4K@K;<0AK& .276 0L;0@K= BOA=8D0BK& & 270, 273 0L;K-HO:O@;8 ?5G5=95;O@& .189 0?>= EC@<0AK& & & & ...136 0@K<I8A;O=<8H 10;K3;0@& .446 0@K<I8A;O=<8H :>;10A0;0@& & & & & & & & & & .402 0@K<:5G868 10;K3;0@& & ..422 0@<0 0HK& & & & & & & ..85 0@<0 ?C48=38& & & & & .85 0@<0;0@& ..& & & & & & 78 0@<0;0@K= :59D899OB8& & ..83 - 301;0H4K@K;<0AK& & & & ..96 - A0E;0=K;<0AK& & & & ...& 97 0ABK3 :F@FAF& & & & & .456 0HK; :O@?86 G09& & & & .207 0HK; <OE<O@8 G09& ...201-203 0HK; ?;8B:0 G09& & & & ...206 5@:N:F& & & & & & & ..119 5<8H& & & & & & & & ..124 598=B8 :>=A5=B@0B;0@K& & ..83 - 18@8=68 EN@O:& & & & & ..84 - 8:8=68 EN@O:& & & & & & 85 - FGF=6F EN@O:& & & & & .85 KL<0 90L & & & & & & ..290 >4 O4O48& & & & ..& 14, 283 >4;0H4K@K;<KH 4C7& & & .222 >LC@B& & & & & & & & .325 CE0& & & & & & & & & 106 C<C@B0 <5;0=JK& & & & 371 C<C@B0 B>7C& & & & & .372 C<H03 18@;OH48@868 B>EC<0& & & & & & & & ..& .380 C<H03 ?OI@87 :OA<898& .329  51C AF4F& & & & & & & 314 5D8@...& & & & & & & & ..172 5;A;O@& & & & & & & & ..403 59BC=& & & & & & & & .136 59BC= 90LK& & & & & & .279 ODO@0=& & & & & & & & 219 O=6OD8;& & & & & & & & 220 8@O& & & & & & & & & ..228 8@8=6& & & ..& & & & & .133 >L0;& & & & & & & & & 131 F;0;;0@& & & & & & & & ..15 F;0;;K AF4& & & & & & & 317 !"$/ ( / ".!/ # //" + !)+!+ 1./I<O4>2 /.. /@703 <0;;0@K O<BOOHF=0A;KLK. O@A;8:. 0:K, "ODO::F@, 1996, 324 AOI.(O@A;898= 18@8=68 =OH@8). 2. /I<O4>2 /.. "0<;K <0;;0@K= O<BOOHF=0A;KLK.O@A;8:, 0:K, 00@8D, 1993. 300 AOI. 3./I<O4>2 /.. 598=B8 90L;0@K=K= O<BOOHF=0A;KLK.O@A 2OA08B8.0:K, 7.%"-=8= =OH@8990BK,1984. 4./I<O4>2 /.. 04;K 2O ;O77OB;8 EN@O:;O@8= A8@@8. 0:K, 7O@10960= =A8:;>?54890AK OH@8990B->;83@0D890 8@;898,1995. 5./I<O4>2 /.., /78<>2 /.., CA0952 .%. 598=B8 90L;0@K, AF4 2O AF4 <OIAC;;0@?K=K= 5:A?5@B870AK. O@A;8:, 0:K. '0HK>L;C, 2002, 364 AOI. 6./I<O4>2 /..,CA0952 .%. /@703 <0;;0@K=K= 5:A?5@B870AK. I I8AAO. 8B:8 <O=HO;8 O@703 <0;;0@K=K= 5:A?5@B870AK.O@A;8:, 0:K, '0HK>L;C.2005, 568 AOI. 7. O<<O4>2 . . !B0=40@B;0H4K@<0=K= OA0A;0@K. O@A;8:, 0:K, ;<, 2001, 312 AOI. 8. CA0952 .%., /I<O4>2 /.., %O;8;>2 .). /@703 <0;;0@K=K= 5:A?5@B870AK. II I8AAO. )5920=0B <O=HO;8 O@703 <0;;0@K=K= 5:A?5@B870AK.O@A;8:, 0:K, '0HK>L;C.2005, 448 AOI. 9. CA0952 .%./@703 <0;;0@K O<BOOHF=0A;KLK=K= =O7O@8 OA0A;0@K(;<8 @540:B>@C ?@>D./I<O4>2 /..). O@A;8:, 0:K, '0HK>L;C,2005, 368 AOI. #! / 10. ><<5@G5A:>5 B>20@>2545=85 8 M:A?5@B870. >A:20, &5=B@ M:>=><8:8 8 <0@:5B8=30, 1997. 11. @0AA>2A:89 .., >20;52 .., !B@8652 !.. ">20@ 8 53> M:A?5@B870. >A:20, &5=B@ M:>=><8:8 8 <0@:5B8=30, 1998. 12.@C3;O:>2 .., @C3;O:>20 .. ">20@>2545=85 ?@>4>2>;LAB25==KE B>20@>2. >AB>2 =/>=C, 0@B, 1999, 448 AB@. 13. @K;>20 .. A=>2K AB0=40@B870F88, A5@B8D8:0F88, <5B@>;>388. >A:20, C48B,.", 1998, 479 AB@. 14.0BNE8=0 .., >@>;L:>20 -.. ">20@>2545=85 ?8I52KE ?@>4C:B>2. >A:20,  , 8740B5;LA:89 F5=B@ :045<8O, 1999. 15.8:C;>28G .!. 8 4@. ">20@>2545=85 ?@>4>2>;LAB25==KE B>20@>2. 8=A:, -#, 1998. 16. 8:>;0520 .. ">20@>2545=85 ?>B@518B5;LA:8E B>20@>2. "5>@5B8G5A:85 >A=>2K. >A:20, >@<0, 1997, 283 AB@. 17. 8:>;0520 .. ">20@=0O M:A?5@B870. >A:20, 5;>20O ;8B5@0BC@0, 1998, 288 AB@. 18. 09:>20 ..., >4>=:8= ... "5>@8O B>20@>2545=8O. #G51=>5 ?>A>185. >A:20, 740B5;LA:89 F5=B@ :045<8O, 0AB5@AB2>, 2002, 240 AB@. 19.!?@02>G=8: ">20@>2540 ?@>4>2>;LAB25==KE B>20@>2. ">< 1, 2. (.. =4@5AB, ..>;:8=4, .. 0@=5F:>2 8 4@.), >A:20, -:>=><8:0, 1987. 20.'5G5B:8=0 .., CB8;8=0 ".., >@1C=>20 .. ">20@=0O M:A?5@B870.;O ABC45=B>2 2C7>2. >AB>2 =0/>=C, $5=8:A,2000,512 AB@. 21. (5?5;52 .$. 8 4@. ">20@>2545=85 8 M:A?5@B870 75@=><CG=KE B>20@>2. #G51=>5 ?>A>185. 74. &5=B@. 0@B, >AB>2 =0 >=C.2001,128 AB@. 22. (5?5;52 .$., >6CE>20 .. ">20@>2545=85 8 M:A?5@B870 ?;>4>>2>I=KE B>20@>2. #G51=>5 ?>A>185. 74. &5=B@. 0@B, >AB>2 =0 >=C.2001, 64 AB@. 23. (5?5;52 .$. 8 4@. ">20@>2545=85 8 M:A?5@B870 :>=48B5@A:8E B>20@>2. #G51=>5 ?>A>185. 74. &5=B@. 0@B, >AB>2 =0 >=C. 2001, 224 AB@. 24. (5?5;52 .$., >6CE>20 .. ">20@>2545=85 8 M:A?5@B870 <>;>:0 8 <>;>G=KE ?@>4C:B>2. #G51=>5 ?>A>185. 74. &5=B@. 0@B, >AB>2 =0 >=C.2001,128 AB@. 25. (5?5;52 .$. 8 4@. ">20@>2545=85 8 M:A?5@B870 2:CA>2KE 8 0;:>3;L=KE ?@>4C:B>2. #G51=>5 ?>A>185. 74. &5=B@. 0@B, >AB>2 =0 >=C.2001,184 AB@.  &   /     " $/! +. /@703 <0;;0@K O<BOOHF=0A;KLK=K= =O7O@8 OA0A;0@K& & & & & & & & & & & & & & & & & & & & .. 31.1. /<BOOHF=0A;KLK= ?@54<5B8, <5B>4C, 2O78DO;O@8, B0@8E8 2O 10H30 5;<;O@;O O;03OA8& & & & & & & & & & & & & . 31.2. /@703 <0;;0@K=K= :8<9O28 BO@:818& & & & & & & & 101.3. /@703 <0;;0@K=K= 3840;K;K3 4O9O@8& & & & & & & & 201.4. /@703 <0;;0@K=K= :59D899OB8 I033K=40 0=;09KH 2O >=C= OA0A MNABO@868;O@8& & & & & & & & & & & & & & . 221.5. /@703 <0;;0@K=K= 7O@O@A87;8: MNABO@868;O@8& & & & ...251.6. /@703 <0;;0@K=K= :59D899OB8=8= BO98=8 FAC;;0@K& & ..321.7. /@703 <0;;0@K=K= A0E;0=K;<0AK=K= OA0A;0@K& & & & 351.7.1. /@703 <0;;0@K=K= A0E;0=K;<0AK @5J8<;O@8& & & & 381.7.2. "0@0 2O 301;0H4K@K6K <0B5@80;;0@& & & & & & & ..401.7.3. !0E;0=K;<0 70<0=K O@703 <0;;0@K=40 <8340@60 8B:8& & & & & & & & & & & & & & & & & & & & & &  421.8. /@703 <0;;0@K=K= :>=A5@2;OH48@8;<OA8& & & & & & 441.9. /@703 <0;;0@K=K= BOA=8D0BK& & & & & & & & & & ..481.10. !>@B 2O G5H84 0=;09KHK& & & & & & & & & & & & .501.11. /@703 <0;;0@K=K= :>4;0H4K@K;<0AK& & & & & & & .531.12. /@703 <0;;0@K=K= AB0=40@B;0H4K@K;<0AK& & & & & .59$/! ++. "0EK; C= <0;;0@K& & & & & & & & & & & & .732.1. "0EK;& & & & & & & & & & & & & & & & & & & ..732.2. 0@<0 2O 90@<0 <O<C;0BK& & & & & & & & & & .782.3. 598=B8 :>=A5=B@0B;0@K& & & & & & & & & & & & .832.4. #=& & & & & & & & & & & & & & & & & & & & .902.5. "0EK;, 90@<0 2O C=C= A0E;0=K;<0AK& & & & & & & .942.6. 'N@O: 2O GN@O:-1C;:0 <O<C;0BK& & & & & & & & .972.7. 8;;8 GN@O: <O<C;0BK& & & & & & & & & & & & ...1052.8. !CE0@8 <O<C;0BK& & & & & & & & & & & & & & ...1092.9. 0@0=:8 <O<C;0BK& & & & & & & & & & & & & & 1102.10. 0:0@>= <O<C;0BK& & & & & & & & & & & & & 112$/! +++. "O7O 2O 5<0; 548;<8H <592O 2O BO@O2O7;O@& & 1173.1. "O7O BO@O2O7;O@& & & & & & & & & & & & & & & ..1173.2. "O7O <592O;O@& & & & & & & & & & & & & & & ...1273.3. 592O 2O BO@O2O78= 95B8H<OA8 2O 9KLK< 4N2@F& & & 1383.4. 592O-BO@O2O78= :59D899OB8& & & & & & & & & & 1393.5.592O-BO@O2O78= O<BOO 5<0;K, 40HK=<0AK 2O A0E;0=K;<0AK& & & & & & & & & & & & & & & & & & . 1423.6. 592O 2O BO@O2O78= 5<0;K <OIAC;;0@K& & & & & & .1503.7. -N1O;O: 2O >=C= 5<0;K <OIAC;;0@K& & & & & & & .158$/! +. )8H0AB0, HO:O@, 10; 2O 3O==04K <O<C;0BK& & .1614.1. 8H0AB0 2O =8H0AB0 <OIAC;;0@K& & & & & & & & & ..1614.2. 0;& & & & & & & & & & & & & & & & & & & & .1644.3. (O:O@& & & & & & & & & & & & & & & & & & & .1664.4. O==04K <O<C;0B;0@K& & & & & & & & & & & & ..1694.4.1. (O:O@;8 3O==04K <O<C;0BK& & & & & & & & & & 1704.4.2 #=;C 3O==04K <O<C;0BK& & & & & & & & & & .& 1874.5. 7O@10960= H8@=8990BK& & & & & & & & & & & & ..196$/! . "0<;K <0;;0@& & & & & & & & & & & & & ..1995.1. '09 2O G09 8G:8;O@8& & & & & & & & & & & & & & 2005.2. OI2O 2O 3OI2O 8G:8;O@8& & & & & & & & & & & & 2115.3. /42899O;O@ 2O B0<;K 30B<0;0@& & & & & & & & & ..2165.4. !?8@BA87 8G:8;O@& & & & & & & & & & & & & & & ...2255.5. O8D A?8@B;8 8G:8;O@& & & & & & & & & & & & & & ..2315.6. !?8@B;8 8G:8;O@& & & & & & & & & & & & & & & & .2375.7. &7F< HO@01;0@K& & & & & & & & & & & & ..& & .2445.8. "FBF= <O<C;0BK& & & & & & & & & & & & & & ..258$/! +. 598=B8 90L;0@K& & & & & & & & & & & & .2696.1. 0L;0@K= BO@:818 2O BOA=8D0BK& & & & & & & & & & 2706.2. 8B:8 90L;0@K& & & & & & & & & & & & & & & & .2756.3. )5920=0B 90L;0@K& & & & & & & & & & & & & & .2866.4. OB1OE 2O 3O==04K 90L;0@K& & & & & & & & & & ..2936.5. 0@30@8= 90LK& & & & & & & & & & & & & & & ..2986.6. 09>=57& & & & & & & & & & & & & & & & & ...306$/! ++. !F4 2O AF4 <OIAC;;0@K& & & & & & & & & .3117.1. !F4F= :8<9O28 BO@:818 2O E0AAO;O@8& & & & & & & .3117.2. !F4F= 5<0;K 2O G5H848& & & & & & & & & & & & ..3157.3. 09<03 2O E0<0& & & & & & & & & & & & & & 3207.4. "C@HC4C;<CH AF4 <OIAC;;0@K (L0@BK)& & & & & & 3227.5.OA<8: 2O :OA<8: <O<C;0BK& & & & & & & & & & 3277.6. !F4 :>=A5@2;O@8& & & & & & & & & & & & & & & .3357.7. C@C AF4 <OIAC;;0@K& & & & & & & & & & & & & 3377.8. O@O 90LK& & & & & & & & & & & & & & & & & ...3427.9. 5=48@;O@& & & & & & & & & & & & & & & & & & 3507.10. >=4C@<0& & & & & & & & & & & & & & & & ..364$/! +++. C<C@B0 2O 9C<C@B0 <OIAC;;0@K& & & & ..367$/! +%. /B 2O OB <OIAC;;0@K& & & & & & & & & & & 3739.1. OA8;O= I5920=;0@K= =N2;O@8& & & & & & & & & & 3749.2. /B8= <>@D>;>M890AK 2O :8<9O28 BO@:818& & & & & & 3779.3. /B8= BOA=8D0BK 2O 40<L0;0=<0AK& & & & & & & & ..3839.4. /B 6O<4O:;O@8=8= 4>L@0=K;<0AK AE5<8& & & & & & 3889.5. /B-AC1<OIAC;;0@K& & & & & & & & & & & & & & .3899.6. 2 2O >2 3CH;0@K& & & & & & & & & & & & & & ..3919.7. /B8=, OB-AC1<OI7AC;;0@K=K= 2O 3CH OB8=8= A>9C3;0 8H;O=<OA8 2O A0E;0=<0AK& & & & & & & & & & & & & . 3969.8. >;10A0 <O<C;0BK& & & & & & & & & & & & & & 3999.9. )8AO 25@8;<8H OB <OIAC;;0@K& & & & & & & & & & 4059.10./B :>=A5@2;O@8& & & & & & & & & & & & & & & .4089.11.'O:8;81-1F:F;<FH OB 2O OB 90@K<D01@8:0B;0@K& & & 415$/! %. 0;K3 2O 10;K3 <OIAC;;0@K& & & & & & & & ..42110.1. OBOMO 10;K3;0@K=K= BOA=8D0BK& & & & & & & & & .42110.2. 0;KLK= 1O4O= 3C@C;CHC& & & & & & & & & & & .42310.3. /A0A 2OBOMO 10;K3;0@K=K= AO6899OA8& & & & & & & .42510.4. 0;K3 OB8=8= :8<9O28 BO@:818& & & & & & & & & ..42910.5. 8@8 10;K3& & & & & & & & & & & & & & & & & 43110.6. !>9C4C;<CH 10;K3& & & & & & & & & & & & & .43310.7. >=4C@C;<CH 10;K3& & & & & & & & & & & & & 43410.8. C7;0=<KH 10;K3 <OIAC;;0@K& & & & & & & & & ..43710.9. C@C4C;<CH 2O 30E06 548;<8H 10;K3;0@& & & & & .44110.10.)8AO 25@8;<8H 10;K3 <OIAC;;0@K& & & & & & & & .44410.11.0;K3 :>=A5@2;O@8 2O ?@5A5@2;O@& & & & & & & & .44710.12.0;K3 90@K<D01@8:0B;0@K 2O :C;8=0@ <O<C;0B;0@K& .45210.13. F@F& & & & & & & & & & & & & & & & & & ..45410.14. 59@8-10;K3 AC E0<<0;K& & & & & & & & & & ..457@54<5B-O;8D10 MNABO@868A8& & & & & & & & & & & & ...460AB8D04O 548;<8H 2O BN2A89O >;C=0= O4O18990B;0@K= A890IKAK& & & & & & & & & & & & & & & & & & & & .. 472 @>D5AA>@ /I<O4>2 /I<O4-018@ A<09K; >L;C 6 D52@0; 1942-68 8;4O (O:84O 0=040= >;<CH4C@. @B0 <O:BO18 18B8@48:4O= A>=@0 0:K "860@OB-C;8=0@ (0M8@4;898 <O:BO18=4O >EC<CH (A5=B901@-1958 - <0@B-1960), 7-68 4O@O6O;8 3O==04GK 8EB8A0AK=0 989O;O=81 (O:8 598=B8 :><18=0BK=40 3O==04GK CAB0AK (0?@5; 1960-=>901@ 1961), 59=8 70<0=40 (O:8 HOIO@ 3 A09;K >@B0 <O:BO18=4O 3O==04GK;K3 C7@O 8AB5IA0;0B BO;8<8 CAB0AK (<FO;;8<) 2O78DOA8=4O 8H;O<8H48@. @4C AK@0;0@K=40 E84<OB 4N2@F=4O (=>901@1961-023CAB 1964) O22O;6O OAMO@ 95<O:E0=0AK=40, A>=@040= IO@18 A0=0B>@89040 0H107 8H;O<8H48@. , 1964-6F 8;4O !..8@>2 04K=0 7O@10960= N2;OB #=825@A8B5B8=8= /<BOOHF=0A;K3 D0:F;BOA8=O 40E8; >;<CH, 1968-68 8;4O .F=904704O 04K=0 7O@10960= %0;3 "OAO@@FD0BK =AB8BCBC=C /@703 <0;;0@K O<BOOHF=0A;KLK 2O B860@OB8= BOH:8;8 8EB8A0AK F7@O DO@3;O=<O 48?;><C 8;O 18B8@<8H48@. AB5IA0;0B40= 09@K;<03;0 598=B8 <OIAC;;0@K O<BOOHF=0A;KLK 8EB8A0AK F7@O 0A?8@0=BC@040 >EC<CH (45:01@ 1968-45:01@ 1971), 7O@10960=40 156O@8;O= 7ODO@0=K= O<BOOHF=0A;K3 E0AAO;O@8=8= N9@O=8;<OA8 <N27CAC=40 =0<87O4;8: 48AA5@B0A890AK <F40D8O 54O@O: B5E=8:8 5;<;O@ =0<87O48 0;8<;8: 4O@O6OA8 48?;><C 0;<KH4K@. 1971-68 8;4O= 0;8 <O:BO14O O22O;6O 0AA8AB5=B, 10H <FO;;8< (1973), 4>A5=B (1978), 45:0= <F028=8(1977-1983), 45:0=(1984-1987) 2O <FEBO;8D 8=AB8BCB;0@K= ;<8 HC@0;0@K=40 4N@4 4ODO A5G8;<O:;O (1983, 1991,1996,2006) :0D54@0 <F48@8 2O78DO;O@8=4O 8H;O<8H48@. &<C<899OB;O, 26 8;4O= G>E4C@ :8, 0;8 <O:BO14O @OI1O@ 2O78DO;O@4O 8H;O98@. 2001-68 8; 89C= 09K=K= 5-4O 7O@10960= N2;OB 3B8A04 #=825@A8B5B8=8= ;<8 (C@0AK=K= 3O@0@K 8;O >=0 /@703 <0;;0@K O<BOOHF=0A;KLK :0D54@0AK F7@O ?@>D5AA>@ 5;<8 04K 25@8;<8H48@. ;: 5;<8 <O30;OA8 III :C@A40 >EC90@:O= 1967-68 8;4O, (O:8 H8@=8990BK 04;K 8;: :8B01K 8AO 1970-68 8;4O =OH@ >;C=<CH4C@.35 8;4O= 0@BK3 5;<8-?5403>J8 DO0;899OB8 4N2@F=4O 300-O 3O4O@ 5;<8 OAO@, > 6F<;O4O= 7 4O@A;8:, 14 4O@A 2OA08B8, 22 :8B01 2O <>=o3@0D890, 40-40= G>E BO4@8A-<5B>48:8 2OA08B 2O ?@>3@0< =OH@ 5B48@<8H48@. 7O@10960=, @CA 2O 8=M8;8A 48;;O@8=4O FG 4ODO (1987, 1990, 1997) =OD8A HO:8;4O =OH@ >;C=0= 7O@10960= :C;8=0@890AK :8B01-0;1><C, -O=6 08;O=8= 5=A8:;>?54890AK A5@890AK=40= 04;K 2O ;O77OB;8 EN@O:;O@8= A8@@8 (1995), 1001 H8@=8990B (1993), 7O@10960= HO@1OB;O@8 2O AO@8=;OH48@868 8G:8;O@ (1994), 24O :>=A5@2;OH48@<O (1996), 7O@10960= :C;8=0@890AK=K= 8=68;O@8 (1997), /42899O;O@, 30B<0;0@ (1998), 7O@10960= 2O @CA 48;;O@8=4O 09@K  09@K;K340 =OH@ >;C=0= F0A8@ 7O@10960= <OB1OE8=8= EN@O:;O@8 (2006) :8B01;0@K M5=8H >EC6C :FB;OA8=8= @OL1OB8=8 3070=<KH 2O IO@ 18@ 07O@10960=;K 08;OA8=8= AB>;FABF :8B01K=0 G52@8;<8H48@. 2002-68 8;8= 89C=C=40 >=0 /<O:40@ <FO;;8< DOE@8 04K 25@8;<8H48@. 7O@10960= *C@=0;8AB;O@ 8@;898=8= F72F4F@. )07K@40 # /@703 <0;;0@K O<BOOHF=0A;KLK :0D54@0AK=K= <F48@848@. 8;O;848@. :8 >L;C 2O 15H =O2OA8 20@. @>D./I<O4>2 /I<O4-018@ A<09K; >L;C (/<O:40@ <FO;;8<) /   + /"//(&!+,+ (;8 <O:BO1 BO;O1O;O@8 FGF= 4O@A;8:) (5=84O= 8H;O=<8H 2O B0<0<;0=<KH 8:8=68 =OH@) 0:K  2012 ;<8 @540:B>@C: 4>A. CA0952 870<8 %K4K@ >L;C ________________________________________________ KLK;<0L0 25@8;81 03.04 .12. '0?0 8<70;0=K1 03.07.12. $>@<0BK 60 E 84 1/16. '.2. 30. DA5B :0LK7K. !8D0@8H ! 81. !09K 500 =FAEO. 89<OB8 <F3028;O 8;O ____________________________________________ " 3B8A04 #=825@A8B5B8 " =OH@8990BK.  1001, 0:K, AB83;0;899OB :FGOA8, 6     PAGE  PAGE  PAGE 478 PAGE  ]]^^____``&a(a.a0abbe eZf\fgggg*m,mfmhm~bHJ|趤藉qgh61CJOJQJh6h 5CJOJQJhbdCJOJQJh6h CJH*OJQJh6h CJOJQJ"h&h 5CJOJQJ\aJ"h&h&5CJOJQJ\aJh6h H*OJQJh&OJQJh6h 5OJQJh6h OJQJh6h H*OJQJ"^fadgggghj8lrux$ẑj| l4~Ɯ 1d`1gd&$1d`1a$gd&$1d`1a$gd&| .l4P~Ɯܜ.ƞܠ$ 0ȧ$*DRNTfµ24$&L䥓"h&h&5CJOJQJ\aJh OJQJh6h CJH*OJQJ h6h CJOJQJmH sH h61CJOJQJh6h 5CJOJQJh6h CJOJQJh6h 6CJOJQJ4Ɯƞܠ ȧ$DNf^t2@p&x 1d`1gd&dB(V$&NP&zp$1d`1a$gd&$1d`1a$gd& & F+1d^`1gd& 1d`1gd&LNP&68&bnprDFtvDFLN"!45566888888;;??6ADD02ڳGGJJ0RTT X"X@XNXZZ[[>_@_ e>eRgTgh&h CJOJQJh6h CJH*OJQJh6h 5CJOJQJh6h CJOJQJP0LnNOT@X[^_ egkosuFxz,}~rr|J&* $1d`1a$gd& 1d`1gd&TgggiikkTlVlnnqqqqrrs(tuu~,~rvz‚Ărz~ƃ|ֆ؆HJ噎h6h OJQJh6h 5OJQJhYh CJOJQJhUCJOJQJ h6h CJOJQJmH sH h6h CJH*OJQJhYCJOJQJh6h 5CJOJQJh6h CJOJQJ8 XҔB^nxZn46ެ6(^`$1d`1a$gd&$1d`1a$gd&ҔBlH^nޡ΢Z424rt`b^`*,rh61OJQJh6h CJOJQJh6h 6OJQJ]"h&h 5CJOJQJ\aJ"h&h&5CJOJQJ\aJh&5OJQJ\h6h H*OJQJh6h 5OJQJh6h OJQJ5`0J`8Th`~ 1d`1gd&$1d`1a$gd&$1d`1a$gd&rtv^`bfhj~^xl  r@l  """""h6h CJOJQJh61OJQJ jh6h OJQJh6h OJQJmH sH h>OJQJh6h H*OJQJh6h 5OJQJh6h OJQJh&OJQJh OJQJ:~`h~bhl~   22$ & F$ 1d^`1a$gd61$1d`1a$gd&F<@ %*(),+,-6/0&4~67;Z< 1d`1gd&$ & F% 1d^`1a$gd61$1d`1a$gd&""$$% &*(~(**>+F+- .\D^DIIIIMMhNjNjTT_4`fa bNhPhmmmmmmmmmmmmm谢h&5CJOJQJ\aJ"h&hd-p5CJOJQJ\aJh6hd-p5OJQJ\h615OJQJ\h6h H*OJQJh6h CJOJQJh6h 5OJQJh61OJQJh6h OJQJh6h H*OJQJ,Z<<<N=n?(BEnFFGHxKMN4OfPQQSjTVJYn\^$ $1d`1a$gd&$1d`1a$gd&$ & F+1d^`1a$gd&^^^0_V_~__4`Z```a>afa bnd:gimmm$1d`1a$gd&$1d`1a$gd& 1d`1gd&$ & F&1d^`1a$gd&$ $1d`1a$gd&mmmmmmms@v(z}}@~B~Tt~xę$1d`1a$gd&$1d`1a$gd& 1d`1gd&$1d`1a$gd&mmmmmzz>{p{}}}>~@~B~|~ŸĠƠǺ{kcXLXLXcX=h6hd-pB*OJQJphh6hd-pH*OJQJh6hd-pOJQJhOJQJh5hd-p5CJOJQJaJh5h55CJOJQJaJh6hCJOJQJhd-pCJOJQJh6hd-p5CJOJQJh5CJOJQJh6hd-pCJOJQJh6h615OJQJ\hd-p5OJQJ\h6hd-p5OJQJ\"h&h&5CJOJQJ\aJę`l,l$84LrX.X 1d`1gd&$1d`1a$gd&8:l,ĮƮz| 8:fhھܾ:<24$&(h7VOJQJh6hd-p5OJQJ jdh6hd-pOJQJ jgh6hd-pOJQJ jbh6hd-pOJQJ jah6hd-pOJQJh6hd-pCJOJQJh6hd-pH*OJQJh6hd-pOJQJh6hd-pB*OJQJph,zX2jLd<>6h  $da$gd7V$ 1d`1a$gd7V$1d`1a$gd&$1d`1a$gd&46<>L\bd (>X "^x`8:  Ź򥅥uh6hd-p5CJOJQJ\h6hd-p5OJQJh6hd-p6OJQJh7VOJQJh6hd-pOJQJh7VOJQJ\h6hd-pOJQJ\hOJQJ\"h5hd-p5CJOJQJ\aJ"h5h55CJOJQJ\aJh6hd-p5OJQJ\- P^TJX bV<  (Z6b\ 1d`1gd&$1d`1a$gd&  $& br\NPTV\^R 8R>%p%|%~%%%% & &&$&<)ͼwwwnwwhC/5OJQJh6hd-p5OJQJh5CJOJQJh6hd-p5CJOJQJ\h6hd-p5OJQJ\!h6hd-pB*CJOJQJph h6hd-pB*H*OJQJphh6hd-pB*OJQJphh6hd-pH*OJQJh6hd-pOJQJh6hd-pCJOJQJ(\LR8"&)+p-N/N11p47N9(:J==>?@.CDnF$1d`1a$gd 1d`1gd&$1d`1a$gd&<)>)R*T*,,p-/0 0^0f0r0N111B6D6N9(:<:?"@$@@@@@@@AxAzABB.CDDD0F2FzFFJJ}qqqh6hd-pH*OJQJhC/hd-p5CJOJQJ\hC/5CJOJQJhC/hd-p5CJOJQJh6hd-p5CJOJQJ\hC/hd-pCJOJQJ\h6hd-p5OJQJ\h6hd-p5CJOJQJh6hd-pCJOJQJh6hd-pOJQJh5OJQJ,nFIJL*MOSVX[]acdVeJgipmoq8tux`z{~~ 1d`1gd&$1d`1a$gd&JBKDKOO"S$StTvTVVVVX[[[.]0]__\bnbVfrfjkoppqqtt0|2|h~>BHLlo"h5h55CJOJQJ\aJh5h5CJOJQJaJh5h55CJOJQJaJh55OJQJh6hd-pB*OJQJph jh6hd-pOJQJh6hd-pCJOJQJh6hd-p5OJQJ\hEOJQJh6hd-pH*OJQJh6hd-pOJQJ)~>@Bnp$JTėJ&ʚ8t~x$1d`1a$gd5 1d`1gd&$1d`1a$gd&lnpʚЛқ"$8L$&LNZt~HJLNzٵٵٵ٩ٵٵٛٵِvvvvvvh6hd-pH*OJQJh6hd-p5OJQJ\h6hd-pOJQJh&hd-p5OJQJ\hEhd-pOJQJ\h6hd-pH*OJQJ\h5hd-p\h6hd-p6OJQJ\h6hd-pOJQJ\h5OJQJ\"h5hd-p5CJOJQJ\aJ.xj:0~j66`D|:&p$1d`1a$gd&z|:Rz|0DFH~"$BDfhRT6 BDJL^` jh6hd-pOJQJh5OJQJh6hd-p5OJQJh6hd-p5OJQJ\h6hd-pOJQJh6hd-pH*OJQJHDF~<&(&&....(/*///T0V000p111°}phhh`h&OJQJhdOJQJh6hd-pCJOJQJhEOJQJhE5OJQJ\h6hd-p5OJQJ\"hdhd-p5CJOJQJ\aJ"hdhd5CJOJQJ\aJhdhd5CJOJQJaJhE5OJQJh6hd-pH*OJQJh6hd-pOJQJ jbh6hd-pOJQJ#L@ Fz$(<$ & F. T1d^`1a$gdE$ & F- T1d^`1a$gdE$1d`1a$gd&$1d`1a$gd&<2H, 4!!T##$%<'()@*+-./03"8~9$1d`1a$gd& 1d`1gd&1133~333444"828~99d:f:;;;<b<d<>>>>?$?>?@?BCCCCCFFIIIIIzJLLMMTTU UUUƴ"hdhd5CJOJQJ\aJh6hd-pH*OJQJ#h6hd-p5B*OJQJ\phh6hd-p5OJQJ\h6hd-p5OJQJhdOJQJh6hd-pOJQJh6hd-pH*OJQJ5~9;n>B`D*EFfGILjOPRTUUUU](_ cejZmsss$1d`1a$gd&$1d`1a$gd&UUUUUVV>W@WBWDWYYlYnY[[(\*\^^(_J_``NbPbbb c6cddXeZe$iVit xxxxx&yJzNzPzzɾ|h6hd-p5OJQJ\h6hd-p5OJQJh6hd-p6OJQJh6hd-pH*OJQJh&OJQJh\NOJQJh6hd-pOJQJhEOJQJhdhd-pCJOJQJaJhdhdCJOJQJaJhdhd5CJOJQJaJ0sltt*uluux}܀<$,,hjޯ$1d`1a$gd&zz||}(~ڀ&B^`t$&Έ2TȏʏP XZhZ¡آڢ`bʣ̣>@h1$jOJQJh&OJQJht7hd-p@OJQJht7OJQJhoOJQJh6hd-p5OJQJ\h6hd-pH*OJQJh6hd-pOJQJh\NOJQJA@Ʋ "FblxNPVX:<^`@BHJhx|>@JLh1$jOJQJh1$j5OJQJ\hEOJQJh6hd-pH*OJQJh6hd-pH*OJQJht7OJQJh6hd-p5OJQJh6hd-p5OJQJ\h6hd-pOJQJ?| tfxN*Z68 $1d`1a$gd&$1d`1a$gd&468\JB^`( * ~LN\^оxxxxj jh6hd-pOJQJht7OJQJh6hd-p5OJQJh6hd-pCJOJQJh6hd-pOJQJ\hEOJQJ\ht7hd-pCJOJQJ\aJ"ht7ht75CJOJQJ\aJhE5OJQJ\h6hd-pH*OJQJh6hd-p5OJQJ\h6hd-pOJQJ)>.\P~^&2~6B 1d`1gd&$ & F/1d^`1a$gd&$1d`1a$gd&B`b F  ,~$1d`1a$gd&$1d`1a$gd& $ !""z"|"""B+D++򼭼umumumudThh5CJOJQJaJh5OJQJht7OJQJh6hd-pOJQJh6hd-pCJOJQJh6hE5OJQJ\"ht7ht75CJOJQJ\aJht75CJOJQJ\aJ"ht7hd-p5CJOJQJ\aJh6ht75OJQJ\ht75OJQJ\hd-p5OJQJ\h6hd-p5OJQJ\" $ !">$&'(>*B+D+++V./15X8$1d`1a$gd& 1d`1gd&$1d`1a$gd&+++..".,.1&111l2n2Z3\355~6677r7t7x7z7X8r888;;;;<<==> ?^?`?C(CEEEEHHHH2I4IIIKKKKLL0L2LFLHL\Lܾܾܾܾܾܾܾܾܾܾܾܾܲܲܦܦܾܲܲܦܦܦh6hd-pH*OJQJh6hd-pH*OJQJhoOJQJh6hd-p5OJQJ\hdD4OJQJh6hd-pOJQJhOJQJhhd-p5CJOJQJaJAX8>CFHJMQRTDVWZ\^^_b.dfgkmmmms$1d`1a$gd&$1d`1a$gd$1d`1a$gd&\L^LrLvLLLMN&N(N.N0NRRRR T"TTTTTUU$V&VWWZZ\\\^v^eeeemmmmmnnnnn詙yyhOJQJhOJQJhhd-p5CJOJQJaJhh5CJOJQJaJh5OJQJh~elOJQJh6hd-p5OJQJh6hd-pH*OJQJhoOJQJh6hd-p5OJQJ\h6hd-pOJQJh6hd-pH*OJQJ/n`oboppppDqFqPqRqzq|qqqqqqq|r~rPtRtuuuuuuuxxyyzzLzNzT{V{(|*|\||}}(~*~X|~ h6hd-p5OJQJ\h6hd-pH*OJQJh6hd-p5OJQJh6hd-pOJQJ\h6hd-p6OJQJh6hd-pH*OJQJh~elOJQJh6hd-pOJQJ=s2wRx\|LXlhҋ(ʖT|bJ¡$1d`1a$gd$1d`1a$gd 1d`1gd&$1d`1a$gd&|~lhҋNP<tv8(bfʖtõxjbhnOJQJhhd-p5CJOJQJhhd-p5CJOJQJ\hnhd-pCJOJQJ\hOJQJhhd-pH*OJQJhhd-pOJQJhDhd-p5OJQJ\h6hd-pCJOJQJh6hd-pH*OJQJh6hd-pOJQJh6hd-p5OJQJ\hD5OJQJ\&tv4\^|bާZlnԪ>´©͎ͩrjjjbThnhd-p5OJQJ\hOJQJh~elOJQJhhd-pCJOJQJhhd-pB*OJQJphhhd-p5CJOJQJ\hK5CJOJQJhn5CJOJQJhh5CJOJQJh5CJOJQJhhd-p5CJOJQJhnhd-pCJOJQJhhd-pOJQJhhd-pH*OJQJ ¡ XZԪ0: &TF<>$1d`1a$gd& 1d`1gdn$ t1d`1a$gdn$ t1d`1a$gd& tdgd$1d`1a$gd&>:¯:ʺ:<>J24LNfhʹʹ͎ͨͨͨͨͨͨͨ|qcͨͨͨh6hd-p5OJQJ\h5OJQJ\"hhd-p5CJOJQJ\aJ"hh5CJOJQJ\aJhnOJQJh6hd-pH*OJQJh6hd-pH*OJQJh6hd-pCJOJQJh6hd-pOJQJ(jh6hd-pOJQJUmHnHuhhd-pOJQJhOJQJ&h¿ĿfhHJTV46NV46*,z|~@LHJ2(V hhhOJQJhp=OJQJh6hd-p5OJQJ\h~elOJQJh6hd-pH*OJQJh6hd-pOJQJJN0@(dRTHlDZ$1d`1a$gd&$1d`1a$gd&V`b >@PRTRT8:VX6@zhhd-pCJOJQJaJh5CJOJQJ\aJ"hh5CJOJQJ\aJ"hhd-p5CJOJQJ\aJh6hd-pH*OJQJhp=OJQJhOJQJh6hd-p5OJQJ\h~elOJQJh6hd-pOJQJ2bx6z,J8~  H$'8+,R/$ 1d`1a$gd&$1d`1a$gd$1d`1a$gd&z,<FH*,dfhj:<Jn*,(*8VNPn p ~  R T    l n | ~       l r   02:z|pr`bh6hd-p5OJQJh bOJQJh~elOJQJh6hd-pH*OJQJh6hd-pOJQJh6hd-p5OJQJ\K46prVxtvHT^`^ `   4!6!!!####$$$$l'n'''( (8+++,,,谠hMU5CJOJQJhMUhd-p5CJOJQJh6hd-p5CJOJQJ\hMUhd-pCJOJQJ\h bhd-p5OJQJhOJQJh bOJQJh6hd-p5OJQJ\h6hd-pOJQJh6hd-pH*OJQJ5,,,,,,//004(677L7N7P78888::::=H?J?CCDDVFXFF˶˫yooeeYYYYh6hd-pH*OJQJhCJOJQJh~elCJOJQJh6hd-p5OJQJ\"h;Phd-p5CJOJQJ\aJ"h;Ph;P5CJOJQJ\aJh;P5OJQJ\h6hd-pCJOJQJh;POJQJh6hd-pOJQJhMUhd-p5CJOJQJ\hMUhd-p5CJOJQJhMU5CJOJQJ"R/0124(677N7P7=BCLTM.PPRrSZUWX$1d`1a$gd& 1d`1gd&$1d`1a$gd& 1d`1gd&$ 1d`1a$gd&FFFFJJ8L:LlLnLTMM O O.P\PRR6RNRPRlRbSdSrSS$U&UZU|UUUWWWWXYZZaavbbcccceef.f\f^fffhhlm˼hMUhd-pCJOJQJ\h6hd-p5OJQJh6hd-pB*OJQJphh6hd-pB*OJQJphh6hd-p5OJQJ\h6hd-pOJQJh6hd-pH*OJQJ;X.[P`avbfhllnppstuvx>tZHĆȊȌ 1d`1gd&$1d`1a$gd$1d`1a$gd&mmmmjnlnDrFrpstttuTv`vRTV\Hz|prlʐʓ ɴɒɚɒɒɒɒɴ{memhEOJQJh6hd-p5OJQJ\h6hd-pB*OJQJphhKOJQJh~elOJQJhMhd-p5OJQJh6hd-p5CJOJQJh6hd-pCJOJQJhMOJQJh6hd-pOJQJhh5CJOJQJhhd-p5CJOJQJhhd-p5CJOJQJ\'Ȍlʐܑl(ڨ>VXT$1d`1a$gd& 1d`1gd&$1d`1a$gd;P$1d`1a$gd;P$1d`1a$gd& (PRĨƨ$&  ´Ĵ8:\^λлX68,.*,rt笚"hEhd-p5CJOJQJ\aJ"hEhE5CJOJQJ\aJh6hd-pH*OJQJh~elOJQJhEOJQJh6hd-pCJOJQJh6hd-pOJQJ jh6hd-pOJQJ<NP46*,.02468:@B bdTjltvHh~elCJOJQJh6hd-pCJH*OJQJh6hd-pCJOJQJh6hd-p5OJQJ\h6hd-p5OJQJh6hd-pH*OJQJh6hd-pH*OJQJh~elOJQJh6hd-pOJQJhEOJQJ52,"FH|~N<$$1d`1a$gd& 1d`1gd&$1d`1a$gd&Hz|~hj24Nph"<zb hjDT>02tvɽɽɯɽɯɽɧɯɯɽɯɯɯɛɛɛɛɯɛɯɏɏɏɇh!nOJQJh6hd-p5OJQJh6hd-pH*OJQJhmJOJQJh6hd-p5OJQJ\h6hd-pH*OJQJh6hd-pOJQJh~elOJQJ"h~elhd-p5CJOJQJ\aJ"h~elh~el5CJOJQJ\aJ5bB0 "  >& 1d`1gd&$1d`1a$gd~el$1d`1a$gd~el$1d`1a$gd&v@ B   "hj BT4۱~t~fhhd-pCJOJQJ\hCJOJQJh6hd-pCJOJQJhOJQJh!nhd-p5CJOJQJ\h!nhd-p5CJOJQJh6hd-p5CJOJQJ\h!nhd-pCJOJQJ\h6hd-pH*OJQJh6hd-p5OJQJ\h6hd-pH*OJQJh6hd-pOJQJ#  %%&&<&>&+++,,,,,----00j4l4444499f=h=ؼؼآ{{o{a{a{S{Sh6hd-pH*OJQJ\h6hd-pH*OJQJ\ jbh hwOJQJ\h6hd-pOJQJ\h~elOJQJ\"h~elhd-p5CJOJQJ\aJ"h~elh~el5CJOJQJ\aJh hwOJQJh6hd-pH*OJQJhOJQJh~elOJQJh6hd-pOJQJh6hd-p5OJQJ\hhd-p5CJOJQJ >&(+,----36::>;<F===t>>?@@VAA$ & F11d^`1a$gd&$1d`1a$gd&$1d`1a$gd&h===&>(>*@,@H@J@@@CCvCxCCCnEpEFGGGIIIIJJUUVVhWjWXXYYYY*ddeefftggggiȲȦȲȺȦȦȲȲȲȚȚȎȎȂhL98hd-pH*OJQJh6hd-p6OJQJh6hd-p5OJQJh6hd-pH*OJQJh~elOJQJh6hd-p5OJQJ\h6hd-pOJQJhL98OJQJ\h hwOJQJ\h6hd-pH*OJQJ\h6hd-pOJQJ\3AA8BBCVCCXDDEFFGGVIKMhO|QUU~VBXYZZ0[R\^$1d`1a$gd&^*deftgiimnhodpTqq&ruvNwx8z`{|}0$ 1d`1a$gd&$1d`1a$gd&i"irrrrFuHuvvvv:xėƗ02誝3ϴ6)ϴ6-䴳ϴ6-5Cϴ6-5Oϴ6-5Oϴ6-*ϴʱϴ6-ϴ6-6Oϴ7<&h:TR0z:tv$1d`1a$gd& 1d`1gd&x|~ŸğҟԟܡޡLN>@ڤܤrt`bvħƧҧԧ֧h6)tOJQJ\h6)thd-pOJQJ\h6hd-pOJQJ\h6)th>l\h~elhd-pCJOJQJ\aJ"h~elh~el5CJOJQJ\aJh~elOJQJh6hd-pOJQJ jh6hd-pOJQJh6hd-pH*OJQJ5vȭJƮvr:ִj H 1d`1gd&$ & F01d^`1a$gd&$1d`1a$gd&$1d`1a$gd& 02FHZ\rt|~Ȩ̨بڨ  "8:JL\^npvxԩةکީ"h~elhd-pH*OJQJ\mH sH h~elh~elOJQJ\mH sH h~elhd-pOJQJ\mH sH h6)thd-pOJQJ\h6hd-pOJQJ\G"$24<>NP\`jlȭԷַprȺʺ68\^^hnp "(*ϻϯϯϯϯϯϯϯϡϡϡϙϙϑϑϑϡh~elOJQJh6)tOJQJh6hd-p5OJQJ\h6hd-pH*OJQJ hp<hp<h6hd-pCJOJQJh6hd-pOJQJh~elOJQJ\h6hd-pOJQJ\h~elhd-pOJQJ\mH sH 9Hʶh^np$1d`1a$gd&,FdprnVX<D<> (4p~ 6Z\hOJQJh6hd-pCJOJQJhjE;OJQJh~elOJQJhLMOJQJh!oOJQJh6hd-p5OJQJ\h6hd-pH*OJQJh6hd-pOJQJh6)tOJQJ>jZ" 8 < $Z(+,<246>d@ACDhF^GVLL$1d`1a$gd& 1d`1gd&\jvZ`b d   " 4 8 B     DFpr*,<L $,$Z(f(r+t+++,2.24.4447777R:T:::==EEEF8F:F^GGGhjE;OJQJ hp<hp<hMYOJQJh6hd-pH*OJQJhOJQJhLMOJQJh6hd-p5OJQJ\h6hd-pOJQJGGGXH>L*NPP>鳧>??xAABBDDEFFFJTJKKRNdNNOvO^QQSTWWTXXX[[]]FaHaj.k0kmmo&oppvv"x0xyy.|B|~h6hq5OJQJ\h6hq6OJQJ] hhh{OJQJ"h{hq5CJOJQJ\aJ"h{h{5CJOJQJ\aJh6hqOJQJhmH sH >xABDEFJKLRNNO^QSVWTXX[]D_` dddJef8ff2ggj$1d`1a$gd&jj0k2kmop\suv"xy.|~ʋؐ|ڙ$1d`1a$gd$1d`1a$gd&~~,Ίʋ>ʓܓԚٚө0><F@^HJrt|h{OJQJh6hqCJOJQJh6hqH*OJQJh6hqH*OJQJh6hq5OJQJ\h6hqOJQJh6hq6OJQJ]Aڙn.֜ ΞL><ز@<X 1d`1gd&$ & F21d^`1a$gd&$1d`1a$gd&|~,."$&(24|\xVhtvvVX :оh6hqH*OJQJh{OJQJh6hq6OJQJ]"h{hq5CJOJQJ\aJ"h{h{5CJOJQJ\aJh>75\mH sH h6hqH*OJQJh6hqOJQJ jbh6hqOJQJ6dD><D<:R $1d`1a$gd&$1d`1a$gd& .n&v 0~x B 0 1d`1gd&$ & F3 1d^`1a$gd>7$1d`1a$gd&0LxzZ\LN      B 0"$|h6hq5OJQJ\h6hA5OJQJ\hq5OJQJ\hAOJQJhlKvhlKvCJOJQJh6hqCJOJQJhlKvmH sH  hlKvhlKvh6hq6OJQJ]h6hqH*OJQJh6hqOJQJ h>7h>7)h0`x"&6,8,b,d,/22345^6$ & F4 1d^`1a$gdlKv$1d`1a$gd&$1d`1a$gd& ~8,`,b,8.:.^6669;;<<<<==B>D>>>6D8D>DBDEEFFbMdMjMlMP.P0PUUUUVѵќќќќќќѐѐщсщщѐѐhpmH sH  hphph6hqH*OJQJh6hqH*OJQJhph iCJOJQJh6hqCJOJQJhAOJQJ hlKvhlKvh6hqOJQJ"hAhq5CJOJQJ\aJ"hAhA5CJOJQJ\aJ/^69;=?\ACG6HJMPP0P2PQUV*WZ\`b~fh$1d`1a$gd&$1d`1a$gd& 1d`1gd&VV*W^W\\`0`bb~ffTqVqtttt$t&tІ҆(  NPXZ瘆"hAhq5CJOJQJ\aJ"hAhA5CJOJQJ\aJh6hqH*OJQJhAOJQJh9)OJQJ hphph6hq5OJQJh6hq6OJQJ]h6hqOJQJh6hq5OJQJ\4hjHkklJllpmodqvwxz$||D~N(|$1d`1a$gd& PR`HܪX@~<Nؽ~~$1d`1a$gd&$1d`1a$gd&ԴNn>¾(*$&ʬϴ/8ϴ*2ϴϴ4%ϴ66Oϴ6*ϴ6ϴ< j 22d~     Nn´h6hqCJOJQJha .OJQJh6,OJQJh6hq6OJQJ]hjOJQJh6hB5OJQJ\hq5OJQJ\"hBhB5CJOJQJ\aJh6hq5OJQJ\hAOJQJh6hqOJQJ2Nd$lb@0$1d`1a$gd&$1d`1a$gd&$1d`1a$gd*2jd~R    !%&$1d`1a$gd& 1d`1gd&$ & F51d^`1a$gd&$ & F5 1d^`1a$gd|< !0!!%....00`4b455558T8V8 G G>ٱIIJKK*,屷SSTXYٰ].bb索65Oϴ"<hq5CJOJQJ\aJ"h|<h|<5CJOJQJ\aJh6hqH*OJQJh|<OJQJh6hqCJOJQJh6hqOJQJh6hq6OJQJ]:&d(r)+J034588V8X8H:=>??t@@@HAAGdJLPQ$1d`1a$gd&$1d`1a$gd&Q4SSTvXYD\]bdfhDmFmpmrm pp vvwzwwXxxxy$1d`1a$gd&$1d`1a$gd&bdeee.g0gjjll,l.lFmnmpmmm nnRuTuwxXxrxN{P{t{~{}}}}}}D~F~\~^~l~z~|~~~~*,dfߧhOJQJ hhqh;yOJQJ"h|<hq5CJOJQJ\aJ"h|<h|<5CJOJQJ\aJh6hqH*OJQJh|<OJQJh6hq6OJQJ]h6hqOJQJ,@,--..00J3L3l3n333 44v4x4|4h|<h|<5CJOJQJ\h6hqH*OJQJ jh6hqOJQJh|<OJQJh6hq5OJQJ\h6hq6OJQJ]h6hqOJQJA)*0./0r4t4v4x4z4|4~444444444444 $1d`1gd|<$$1d`1gd6,gd6,gd|< 1d`1gd&$1d`1a$gd&|4~44444444444444444444@AAAEFDGFGrHHJKnLLYYZ>϶dd<OJQJh6hq6OJQJ]"h|<hq5CJOJQJ\aJ"h|<h|<5CJOJQJ\aJh6hqOJQJh|<hqCJOJQJh|<hqCJOJQJ\h|<OJQJ\aJh|<h|<OJQJ\aJh|< h6,h6,h6,h|<5CJOJQJ\ h|<h|<'4=>A@AAA@DrEErHJnLPRQ(TTpUWZZ@ZBZ[`$ & F6 1d^`1a$gd|<$1d`1a$gd&$1d`1a$gd&]]||||fԏzXrP޵`xƻ.RfBHJPRDF24h6hq5OJQJ\h6hq6OJQJ]"h|<hq5CJOJQJ\aJ"h|<h|<5CJOJQJ\aJh6hqOJQJh|<OJQJB`&bJgpjlnpstwz|||||fԏz\Xr$1d`1a$gd&$1d`1a$gd&P`R@BbD:&Rr>$1d`1a$gd&$1d`1a$gd&NP>@`bvx .0bd  P R l n   r t T\"$*,˹˹˹h|<OJQJh6hqH*OJQJ"h|<hq5CJOJQJ\aJ"h|<h|<5CJOJQJ\aJh|<5OJQJ\h6hqOJQJh6hqH*OJQJA>@bd~, n$&"%p&$1d`1a$gd& $da$gd|<$1d`1a$gd&LNVXTVZ!\!d!f!!!!!""""p&&j)l)t)v)))~,,,,00h00416155R6T67777789999::6;8;FFGG,H.HNHPHh6hq6H*OJQJ]h6hq6OJQJ]h(Q(OJQJh6hqH*OJQJ jh6hqOJQJh|<OJQJh6hqOJQJDp&4+h0^22$37; >d?@EGxIJJLJJJTMtPTX\]$1d`1a$gd&$ & F71d^`1a$gd&$1d`1a$gd&PHHHIIIIIILJJJ]]____aaaaab6f8fgggghhhh>i@iFiHiRiTiiiii4m6muuww} }n~p~~~~ɷhLOJQJhOJQJh(Q(OJQJh6hq6OJQJ]"h(Q(hq5CJOJQJ\aJ"h(Q(h(Q(5CJOJQJ\aJ jh6hqOJQJh6hqH*OJQJh6hqOJQJ9]_a@ee^hFjlnprtuw|6~~<؊<>$1d`1a$gd&$1d`1a$gd&Є҄؄ڄ "DFFHlntv̋΋ƌȌ>ė$&JLΛ.0fhРҠؠh6hq6OJQJ]h6hq5OJQJ\"h(Q(hq5CJOJQJ\aJ"h(Q(h(Q(5CJOJQJ\aJh^ZOJQJh6hqH*OJQJ jh6hqOJQJh6hqOJQJ:0Λ X ڪ*x$1d`1a$gd&$1d`1a$gd&ؠڠX$إ68ڪ ҫԫz|\^df824PRz|VX^`µs"h^Zh^Z5CJOJQJ\aJh6hq5OJQJ\ jh6hqOJQJh6hqH*OJQJhLOJQJhLhL@OJQJhLhq@OJQJhLhq6@OJQJ]h6hq6OJQJ]h6hqOJQJh^ZOJQJ(,.^v&(Lt(*0268 4tDFh^ZOJQJhLOJQJ"h^Zh^Z5CJOJQJ\aJ jh6hqOJQJh6hq5OJQJ\h6hqH*OJQJh6hqOJQJ"h^Zhq5CJOJQJ\aJ<^bLT~$ n 0 J 1d`1gd&$ & F8 1d^`1a$gd^Z$1d`1a$gd&$1d`1a$gd&XZ ln.08:* 0 (*Jvx0:!"$$$$'' ''*(*--1b1v1x111l22222244h6hqH*OJQJ jh6hqOJQJh6hqH*OJQJh6hqCJOJQJh6hq5OJQJ\h^ZOJQJh6hqOJQJDJ:!"D&j)*-1l2<6<|||$ & F9 b1d^`1a$gd^Z$ & F9 1d^`1a$gd^Z$1d`1a$gd& 1d`1gd&$ & F8 1d^`1a$gd^Z$ & F8 1d^`1a$gd^Z 444<6t666<2<l?@BBBB.DDbFFDGFGGGI.J~LLLLNNSSZZZZT[V[[[[[\\\\n\p\\\\.](aJaaaddgDgfhhhiikl.q0qh6hqH*OJQJ jh6hqOJQJh6hqCJOJQJh^ZOJQJh6hq5OJQJ\h6hqH*OJQJh6hqOJQJD<l?@B.DDDbFINSY\(ac@egkpssss$1d`1a$gd&$1d`1a$gd& 1d`1gd&$ & F91d^`1a$gd&0qZs\sdsfsssssssyyy yyyyyyy}} ~ ~b~~ƈ68>يٌ24<>rfhBDLNͻh^ZOJQJh6hqH*OJQJ"h^Zhq5CJOJQJ\aJ"h^Zh^Z5CJOJQJ\aJh6hq5OJQJ\h6hqH*OJQJ jh6hqOJQJh6hqOJQJ:syb~tr0".02vЭ4z&`$1d`1a$gd&$1d`1a$gd&ޚ"TԠ֠ܠޠ02.0VX\^Э4Fΰz*&8`¶Ķ&(h6hqH*OJQJh^ZOJQJ"h^Zhq5CJOJQJ\aJ"h^Zh^Z5CJOJQJ\aJ jh6hqOJQJh6hq5OJQJ\h6hqH*OJQJh6hqOJQJ8`T¼ļƼȼʼ̼μмҼԼּؼڼܼ޼ $1d`1gd&$1d`1a$gd&,.02>ݽĽȽҽֽ28<FTbfnͽxlxxlxxlxxlxxlxxlxxlxxlh^CJOJQJaJh(TCJOJQJaJhh;5CJOJQJaJhhCJOJQJaJh6h;5OJQJhc=h;5CJOJQJ\aJhc=hc=CJOJQJ\aJ hvhvhv hc=hc=hc=hJ5CJOJQJ\h6hG5CJOJQJ\*޼.02ZHp̾ $da$gd! > 1d`1gd&gdvgdc= $1d`1gd&ľʾ޾ .<@Hfnrxƿҿ 8BFN\jpx*4Tb~ 0<Tx8:HRthCJOJQJaJh^CJOJQJaJhh;5CJOJQJaJh(TCJOJQJaJQ̾"Jzȿ"Pz,V2VT $da$gd! >:Nr.>\l&R\^.6P^vxhvCJOJQJaJhh;55CJOJQJaJhDTCJOJQJaJhXCJOJQJaJhrCJOJQJaJh4e,CJOJQJaJhCCJOJQJaJh^CJOJQJaJhh;5CJOJQJaJ1P@n(^ 0Rx8 $da$gd! >&6"2$2&.ʾʾʾʾʾʾʾʲʲʲʲʲʲʲʲʦʦʦʚʚʚʚʚʚʚʚK䴳ϴǰ䴳ϴ䴳ϴ"䴳ϴ;5䴳ϴv䴳ϴ$䴳ϴJ䴳ϴ<8n4b&xDr0hHz $da$gd! > 2Fjx,@Vr.@dr,@Vt(<Rr$8VfxhFNCJOJQJaJhQCJOJQJaJhG7CJOJQJaJhh;5CJOJQJaJhKCJOJQJaJJBtBt.X*T:h $da$gd! > "$02Z*P~@Lt $da$gd! > "$,.02@Xn(*2Nh|~ʺʑʑʑʑʑʂʑʑʑrchZhCJOJQJaJhh5CJOJQJaJhhCJOJQJaJh CJOJQJaJhhT5CJOJQJaJh;55CJOJQJaJhh;55CJOJQJaJhh;5CJOJQJaJhhTCJOJQJaJhmCJOJQJaJh;5CJOJQJaJ *>t4J^r ":NVx&DX(P\l (>ӻӻӻӻӻӻӯӯӯӯӯӯӯӯӯӯӯӣӣӣӣӣӣӣӣӣh+CJOJQJaJhCCCJOJQJaJhsOCJOJQJaJht,CJOJQJaJhh;5CJOJQJaJhZhCJOJQJaJhZht,CJOJQJaJ@t$Pz(Z*^ @n46B $da$gd! >>Xl2>B\lz,L\x HT&8Rh "FR~h#CJOJQJaJhwCJOJQJaJh\$CJOJQJaJhh;55CJOJQJaJhK1CJOJQJaJh+CJOJQJaJhh;5CJOJQJaJ=BDn.^ V:j$T&N| $da$gd! >$6*20(<^hrBl $da$gd! >^p,@Vjtvx ":P|~*<Rj*>T^z*^hh XCJOJQJaJhhCJOJQJaJh3CJOJQJaJhh;55CJOJQJaJhh5CJOJQJaJhh;5CJOJQJaJh&yCJOJQJaJ>lnxz$R>l,V|,jR $da$gd! >hj @PR\^ :Nl~.@`r 4Zn 2dp(BXZʻhZCJOJQJaJhhJCJOJQJaJh XgCJOJQJaJh XCJOJQJaJhhCJOJQJaJhh;5CJOJQJaJD"PBt6p4r*Z\^hj $da$gd! ><>PZ|8JVp *8L`t2<@Lfhrֺֺֺֺ֢֢֢֢֢֢֢֢֢֮֮֮֮֮֮֮֮֮֮֓hhCJOJQJaJhNCJOJQJaJh4<8CJOJQJaJhMNCJOJQJaJhh;55CJOJQJaJhh;5CJOJQJaJhhTCJOJQJaJh;5CJOJQJaJ:j \ Lr :b46@Bh $da$gd! >h <t:p8^$X| $da$gd! >&:Xr&8Znpz(6>\^f"HVXz|ʬhCJOJQJaJhh;55CJOJQJaJhhCJOJQJaJhhNCJOJQJaJh;5CJOJQJaJhhCJOJQJaJhNCJOJQJaJhh;5CJOJQJaJ8 2J^l&@R\` (@Nfp<P`v0HZvɮhtCJOJQJaJhhc=CJOJQJaJhCJOJQJaJhh;55CJOJQJaJhbCJOJQJaJhCJOJQJaJhh;5CJOJQJaJ>4`(TV`bBh Rx $da$gd! >2\&Lv0fLt $da$gd! >$0JTt.Ldt:JXr  , D h v  * F Z        $ 2 J j x        $ hv\,CJOJQJaJhbCJOJQJaJhqBCJOJQJaJhh;5CJOJQJaJh.CJOJQJaJI F x , \    & L z    & N     @ v    8 $da$gd! >$ & 4 J N n ~       & > h t       $ 6 J d          6 H J b r        $ 6 N        ( 4 L V p z   ʻٻʯʯʯʯʯʯʯʯʯʯʯʯʯhocCJOJQJaJhhCJOJQJaJhh;5CJOJQJaJhv\,CJOJQJaJhhv\,CJOJQJaJh;5CJOJQJaJA8 f     J t    & P b    * N r       . ` $da$gd! >       , H ^  6 L l ( B V n  , J r  8 T hhCJOJQJaJh2+CJOJQJaJhNoCJOJQJaJh CJOJQJaJhS-CJOJQJaJh6_2CJOJQJaJhocCJOJQJaJhh;5CJOJQJaJhh;55CJOJQJaJ6  N D p " L  : h  : b   $da$gd! >T f  . 8 J ^         6 H ` b v        $ : J d ~         4 @ X Z ` | ~          & @ R z |          0 h~zCJOJQJaJhhCJOJQJaJh CJOJQJaJhh;5CJOJQJaJh2+CJOJQJaJK   J     < f     6 Z ~   ( T    2 \   8 $da$gd! >0 B Z            6 ` b f h p        4 @ D F L ^ t         ( > N h t        < J \ r        ʺh6JCJOJQJaJhnCJOJQJaJhh;55CJOJQJaJhhc=CJOJQJaJhaCJOJQJaJh~zCJOJQJaJhh;5CJOJQJaJ@8     B F J L v     @ j     L t    & X   $da$gd! >  $ 6 V j           . > T f ~        0 P b        , > T t        " 8 H `        $ L N T V ^ |          hnCJOJQJaJhTCJOJQJaJhh;55CJOJQJaJhh;5CJOJQJaJh6JCJOJQJaJJ      0 V     2 d    . V     : b    & $da$gd! >& ~   < n    6 Z     P ! @! n! ! ! ! " F" l" " " $da$gd! > : X l       " 4 @ X p        @ N f j t v x z ! *! >! Z! l! ! ! ! ! ! ! " " ," D" P" j" " " " " " " # # 6# J# f# z# # # # # # # $ ($ ,$ huCJOJQJaJhzUCJOJQJaJhRL[CJOJQJaJhh;5CJOJQJaJhnCJOJQJaJL" " # L# |# # # # *$ ,$ 6$ 8$ v$ $ $ $ % F% l% % % % & P& & & & ' :' $da$gd! >,$ 6$ R$ T$ j$ t$ $ $ $ $ $ $ % % &% D% T% j% |% % % % % % & & @& N& n& & & & & & & ' 0' 8' \' l' t' ' ' ' ' ' ' ' ( $( D( T( ~( ( ( ( ( ( ( ) ) hhJCJOJQJaJhRL[CJOJQJaJh,lUCJOJQJaJhE"%CJOJQJaJhnYCJOJQJaJhuCJOJQJaJhh;5CJOJQJaJhh;55CJOJQJaJ<:' n' ' ' ' ' ' ' &( V( ( ( ( ) ) ) ) ) L) ) ) ) * B* p* * * + :+ $da$gd! >) ) ) ) *) J) x) ) ) ) ) ) * * ,* @* \* n* * * * * * + + 8+ J+ d+ p+ + + + + + , , :, L, b, v, , , , , , - ,- :- X- j- z- - - - - - . ht]CJOJQJaJhx CJOJQJaJhO$CJOJQJaJh3vCJOJQJaJhhJCJOJQJaJhh;55CJOJQJaJhh;5CJOJQJaJhhCJOJQJaJ8:+ f+ + + + , N, x, , , - <- l- - - - . R. . . . / */ V/ / / / 0 :0 $da$gd! >. . <. P. n. ~. . . . . . . / (/ 8/ T/ f/ ~/ / / / / / 0 "0 80 N0 b0 r0 0 0 0 0 0 0 1 1 1 "1 :1 V1 h1 x1 1 1 1 1 1 1 1 2 (2 F2 V2 ^2 x2 2 2 2 2 2 2 3 .3 <3 T3 f3 |3 h2vCJOJQJaJhh;55CJOJQJaJhV!CJOJQJaJhC#CJOJQJaJhh;5CJOJQJaJh9/CJOJQJaJC:0 d0 0 0 0 1 1 1 1 <1 j1 1 1 *2 X2 z2 2 2 2 03 V3 ~3 3 3 3 3 3 4 F4 $da$gd! >|3 ~3 3 3 3 3 3 3 3 4 4 24 D4 h4 v4 4 4 4 4 4 5 5 ,5 P5 \5 n5 5 5 5 5 5 6 6 .6 H6 d6 x6 6 6 6 6 6 6 7 &7 H7 J7 N7 P7 T7 V7 \7 z7 7 7 7 7 7 8 (8 88 h8 v8 8 ֺֺֺֺֺֺֺ֢֢֢֢֢֮֮֮֮֮֮֮֮֮֮֮֮֮֮֮֮֮hRCJOJQJaJhR*CJOJQJaJhCJOJQJaJhh;55CJOJQJaJhh;5CJOJQJaJhh2vCJOJQJaJh;5CJOJQJaJ?F4 x4 4 4 5 .5 ^5 5 5 5 6 J6 z6 6 6 6 (7 |7 7 8 :8 x8 8 8 9 29 Z9 9 9 $da$gd! >8 8 8 8 8 9 9 09 <9 X9 |9 9 9 9 9 9 9 : ": 6: F: ^: h: : : : : : : ; 8; B; ^; p; ; ; ; ; ; ; < ,< >< T< p< < < < < < = = @= P= n= = = = = = > > (> >> b> r> > > > > ? ? h-CJOJQJaJhLCCJOJQJaJhbCJOJQJaJhCJOJQJaJhh;5CJOJQJaJh3ilCJOJQJaJG9 9 : 8: `: : : : ; D; r; ; ; ; .< V< < < < = R= = = = > @> t> > > $da$gd! >? ? &? Z? `? x? ? ? ? ? @ @ 0@ F@ \@ x@ @ @ @ @ @ @ A LA NA RA TA ZA \A `A zA A A A A B B 8B LB XB pB B B B B B B B B C "C BC VC lC C C C C h!CJOJQJaJhRL[CJOJQJaJhblCJOJQJaJhhu*CJOJQJaJhgCJOJQJaJhfCJOJQJaJh-CJOJQJaJhh;5CJOJQJaJ9> (? b? ? ? ? @ 2@ ^@ @ @ @ "A |A A A B NB rB B B B $C XC C C C D >D $da$gd! >C C C D .D D lD D D E H $I FI rI I I I I J J *J J J J K @K tK K K L 6L jL L L L *M \M M M $da$gd! >I J J (J PJ XJ \J J J J J J K K &K >K ^K rK K K K K K L L L 4L 6L VL hL ~L L L L L L M (M HM ZM jM ~M M M M M N N N N hN N N N "O LO zO O O P 0P `P P P P Q BQ |Q Q Q R NR R R R $da$gd! >N N N N N N O O 0O JO fO xO O O O O O P P .P RP ^P |P P P P P P P Q .Q @Q rQ zQ Q Q Q Q Q Q Q Q R R R R R >R LR rR R R R R R R R $S 0S 6S PS 婵hh;55CJOJQJaJhRL[CJOJQJaJhCJOJQJaJhaCJOJQJaJh qCJOJQJaJh.}CJOJQJaJhh;5CJOJQJaJh{CJOJQJaJPS hS zS S S S S S S S T &T 6T VT hT tT xT T T T T T U U U U :U FU bU U U U U U U U U V ,V .V NV ^V `V bV nV V V V V 񱥱񖥊{hhjCJOJQJaJhCJOJQJaJhhCJOJQJaJhg_CJOJQJaJhwZCJOJQJaJh9CJOJQJaJhb\ECJOJQJaJhh;55CJOJQJaJhCJOJQJaJhh;5CJOJQJaJ0V V V W >W jW W W W X HX tX X X X ,Y lY Y Y Y Y Y Z FZ ~Z Z Z 0[ `[ $da$gd! >V V V W (W ` ` ` ` ` a a 0a ld e e f g i i i k l l "l $l &l (l *l ,l .l 0l 2l 4l 6l Nl $$1d`1gdc=gdc= 1d`1gd&$1d`1a$gd&d e .e e e f f g g i i `j pj k k l $l *l ,l .l 0l 6l Bl Ll Nl Pl m "n `n o ,q r r t u Ժ}pfp}p}Y}h%SphcXX@CJaJh,@CJaJh5RhcXX@CJaJh5RhcXXCJaJh6hcXX5OJQJ\"hc=hcXX5CJOJQJ\aJ"hc=hc=5CJOJQJ\aJhc=5CJOJQJ\aJ hc=hc=hc=hc=5CJOJQJ\hmOJQJh6hcXX5OJQJh6hcXXOJQJ"Nl Pl m m n o p ,q r r s t u v x ,y dz { { { { { $$1d`1a$gdc= 1d`1gd,$1d`1a$gd&$1d`1a$gd&u v x x x x x x x y y y y ,y .y dz fz h{ j{ { { { { { { 2| ^| `| ۸sesWLWhe5OJQJ\hVh 5OJQJ\h6h 5OJQJ\h6hL{5OJQJ\hc=5OJQJ\h6hL{OJQJ h5RhcXXh,hcXXCJOJQJaJh,hcXXCJaJh,hcXX5CJaJh,@CJaJh,h,@CJaJh,hcXX@CJaJh5RhcXXCJaJh%SphcXX@CJaJ{ `| b| f| h| ,} .} 2} Skd $$Ifl0 t644 la d$Ifgd$d$Ifa$gd `| b| f| h| | | | } } } *} ,} .} 2} 4} d} ~} } } } } } } } } } } } } ~ ~ ~ ~ ~ ~ ~ ~  , . 2 4 6 v ʸʸʸʸ}oʸhE}hE}5\mH sH h 5\mH sH hE}h 5\mH sH hE}5\mH sH h 5OJQJ\h h OJQJ\h OJQJ\h}OJQJ\h6h OJQJ\hVh 5OJQJ\hh5\mH sH hh 5\mH sH +2} 4} } } } } } <SkdD$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd$$Ifl0 t644 la} } ~ ~ ~ ~ . <Skdh$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd$$Ifl0 t644 la. 4 6     <Skd$$Ifl0 t644 la$d$Ifa$gd Skd$$Ifl0 t644 la d$Ifgdv               V | ܀ : f Ё    2 H ` b f h j ͿͿͿͿ؝͏ͿͿh6hVOJQJhE}hE}5\mH sH h 5\mH sH h6h OJQJ\h 5OJQJ\hE}h 5\mH sH hE}5\mH sH h h OJQJ\h}OJQJ\h OJQJ\h@ROJQJ\4   <Skd$$Ifl0 t644 la$d$Ifa$gd Skd$$Ifl0 t644 la d$Ifgd <Skd $$Ifl0 t644 la$d$Ifa$gd SkdB $$Ifl0 t644 la d$Ifgd   b h j <Skd $$Ifl0 t644 laSkdf $$Ifl0 t644 la d$Ifgd$d$Ifa$gd  ‚ Ă Ƃ  " $ ( * , ` ̃  . 0 4 6 8 V p Ƅ |||h@ROJQJha/OJQJh6ha/OJQJh@R5OJQJhV5OJQJh6hV5OJQJh6hVOJQJh 5OJQJ\hE}h 5\mH sH hE}5\mH sH h h OJQJ\h}OJQJhVOJQJ0j Ă Ƃ $ * , <Skd $$Ifl0 t644 laSkd $$Ifl0 t644 la d$Ifgd$d$Ifa$gd , <Skd@ $$Ifl0 t644 laSkd $$Ifl0 t644 la d$Ifgd$d$Ifa$gd  0 6 8 <Skdd$$Ifl0 t644 laSkd $$Ifl0 t644 la d$Ifgd$d$Ifa$gd  $ * , <Skd$$Ifl0 t644 laSkd$$Ifl0 t644 la d$Ifgd$d$Ifa$gd  " $ ( * , Z x օ  $ B D J L N b v Ά " < > D F H ٪٪٪٪٪~٪h6h$!OJQJhPFOJQJh6hPFOJQJh0h 5\mH sH h05\mH sH h 5OJQJ\hE}h 5\mH sH hE}5\mH sH h h OJQJ\h@ROJQJha/OJQJh6ha/OJQJ0, <Skd$$Ifl0 t644 laSkd$$Ifl0 t644 la d$Ifgd$d$Ifa$gd  D L N <Skd$$Ifl0 t644 laSkd>$$Ifl0 t644 la d$Ifgd$d$Ifa$gd  > F H <Skd$$Ifl0 t644 laSkdb$$Ifl0 t644 la d$Ifgd$d$Ifa$gd H R Z և     ( 8 \ ^ d f h Ȉ Έ Ј ֈ ؈ ڈ  , . 4 6 8 : < ʼՋ}Ջ}Ջ}Ջ}rdhh@R5OJQJ\h6h@ROJQJhEh 5\mH sH hE5\mH sH h@ROJQJhz:OJQJh6hz:OJQJh 5OJQJ\h0h 5\mH sH h05\mH sH h h OJQJ\h@R5OJQJh$!5OJQJh6h$!5OJQJ&H   <Skd$$Ifl0 t644 laSkd$$Ifl0 t644 la d$Ifgd$d$Ifa$gd  ^ f h Ј ؈ ڈ <Skd<$$Ifl0 t644 laSkd$$Ifl0 t644 la d$Ifgd$d$Ifa$gd ڈ . 6 8 : < > <Skd`$$Ifl0 t644 laSkd$$Ifl0 t644 la d$Ifgd$d$Ifa$gd < > F ؉ ډ ܉  6 D F L N P Ɗ   & ( * R n ʋ ̋ ҋ ԋ ֋ |sh@R5OJQJhz:5OJQJh6hz:5OJQJhTgh 5\mH sH hz:OJQJh 5OJQJ\hEhE5\mH sH hTg5\mH sH h 5\mH sH h h OJQJ\h6hz:OJQJh@ROJQJh@R5OJQJ\-> ډ ܉ F N Skd$$Ifl0 t644 la d$Ifgd$d$Ifa$gd N P ( <Skd$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd$$Ifl0 t644 la( * ̋ ԋ <Skd:$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd$$Ifl0 t644 laԋ ֋    l t <Skd^$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd$$Ifl0 t644 la֋      ( * j l r t v ~ Ȍ ʌ Ќ Ҍ Ԍ ڌ ܌ ތ  " $ * , . 4 H ~vk]vvvk]hh 5OJQJ\hTg5OJQJ\hTgOJQJhX"5OJQJ\hX"hX"5\ hX"5\h6hX"OJQJhRL[OJQJhX"OJQJh 5OJQJ\hTgh 5\mH sH hTg5\mH sH h h OJQJ\h@ROJQJhz:OJQJh6hz:OJQJ$t v ʌ Ҍ Ԍ $ , <Skd$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd$$Ifl0 t644 la, . ԍ ܍ <Skd$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd$$Ifl0 t644 laH b ~ ҍ ԍ ڍ ܍ ލ  * , 2 4 6 V n Ԏ  D F L N P n Ə ֏ hsOJQJh6hsOJQJh6hz:OJQJh@R5OJQJhs5OJQJh6hz:5OJQJh 5OJQJ\hh 5OJQJ\hX"5OJQJ\h h OJQJ\h@ROJQJhz:OJQJ4܍ ލ , 4 6 <Skd$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd8$$Ifl0 t644 la F N <Skd$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd\$$Ifl0 t644 laN P  <Skd $$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd$$Ifl0 t644 la   * B F L N T V X ^ h ~ ܐ  , F Z \ b d f z ґ  ǼǴǼϕϼxϼxϼhR5OJQJ\hq5OJQJhK5OJQJh6hK5OJQJhKOJQJh*i5OJQJ\hqOJQJh6hKOJQJh*iOJQJhz:5OJQJ\hhz:5OJQJ\hX"5OJQJ\h hz:OJQJ\/  N V X <Skd6!$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd $$Ifl0 t644 la  \ d <SkdZ"$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd!$$Ifl0 t644 lad f  <Skd~#$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd"$$Ifl0 t644 la  0 H ` b h j l ֒     J ^ ` f h j ȓ ʓ Г ғ ԓ  $ ypyghq5OJQJhK5OJQJh6hK5OJQJhK5OJQJ\hhK5OJQJ\h"!5OJQJ\h hKOJQJ\h hz:OJQJ\hqOJQJhKOJQJh6hKOJQJhz:5OJQJ\hhz:5OJQJ\h615OJQJ\( b j l <Skd$$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd$$$Ifl0 t644 la  ` h <Skd%$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd4%$$Ifl0 t644 lah j ʓ ғ ԓ & . <Skd&$$Ifl0 t644 la d$Ifgd$d$Ifa$gd SkdX&$$Ifl0 t644 la$ & , . 0 > V r t z | ~ ֔ ڔ ܔ  4 6 < > @ R h ĕ ޕ  . 0 6 8 : V z | Ɩ Ȗ Ζ Ж ļļļļļϞϞϞheOJQJh6heOJQJhKhKOJQJhqOJQJhKOJQJh6hKOJQJhK5OJQJ\hhK5OJQJ\h"!5OJQJ\h hKOJQJ\;. 0 t | ~ ܔ <Skd($$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd|'$$Ifl0 t644 la 6 > @ <Skd2)$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd($$Ifl0 t644 la 0 8 <SkdV*$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd)$$Ifl0 t644 la8 : | Ȗ Ж <Skdz+$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd*$$Ifl0 t644 laЖ Җ 2 : < <Skd,$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd ,$$Ifl0 t644 laЖ Җ ޖ $ 0 2 8 : < F J v ʗ ڗ . N Z \ b d f ˜ Ș ʘ ̘  ˧rgrgrghe5OJQJ\hhe5OJQJ\h heOJQJ\hA9yOJQJheOJQJh6heOJQJh5/e5OJQJ\hhK5OJQJ\h"!5OJQJ\h hKOJQJ\hA9y5OJQJhe5OJQJh6he5OJQJhK5OJQJ\( \ d <Skd-$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd0-$$Ifl0 t644 lad f ˜ ʘ ̘ * 2 <Skd.$$Ifl0 t644 la d$Ifgd$d$Ifa$gd SkdT.$$Ifl0 t644 la ( * 0 2 4 F ^ n | ~ ҙ ԙ ڙ ܙ ޙ x ̚  6 J L R T V |       ȽȽȽȽȽȽȽhai5OJQJ\hh5/e5OJQJ\h`{OJQJheOJQJh6heOJQJhe5OJQJ\hhe5OJQJ\h5/e5OJQJ\h heOJQJ\hA9yOJQJ62 4 ~ ԙ ܙ <Skd 0$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skdx/$$Ifl0 t644 laܙ ޙ <Skd.1$$Ifl0 t644 la d$Ifgd$d$Ifa$gd Skd0$$Ifl0 t644 la L T V <SkdR2$$Ifl0 t644 la$d$Ifa$gd Skd1$$Ifl0 t644 la d$Ifgd    v <Skdv3$$Ifl0 t644 la$d$Ifa$gd Skd2$$Ifl0 t644 la d$Ifgd $ & ` t v | ~ Ɯ ڜ ܜ   6 8 > @ B z ڝ     " 4 V X ^ ` b r ʞ   J ` ʼʼʼʼʼʼʼʼh`{OJQJheOJQJh6heOJQJhe5OJQJ\hhe5OJQJ\hai5OJQJ\h heOJQJ\h`{5OJQJhe5OJQJh6he5OJQJ;v ~ ܜ 8 <Skd4$$Ifl0 t644 la$d$Ifa$gd Skd4$$Ifl0 t644 la d$Ifgd8 @ B <Skd5$$Ifl0 t644 la$d$Ifa$gd Skd,5$$Ifl0 t644 la d$Ifgd   X ` b <Skd6$$Ifl0 t644 la$d$Ifa$gd SkdP6$$Ifl0 t644 la d$Ifgd  b <Skd8$$Ifl0 t644 la$d$Ifa$gd Skdt7$$Ifl0 t644 la d$Ifgd` b h j l ̟ Ο ԟ ֟ ؟  2 4 : < > l       4 \ ^ d f h ¡ ġ ơ ޡ   " $ j Ģ ļļļļĴ蚏Ĵ蚏ļ蚏ļhK5OJQJ\hhK5OJQJ\h hKOJQJ\h`{OJQJheOJQJh6heOJQJhe5OJQJ\hhe5OJQJ\hai5OJQJ\h heOJQJ\6b j l Ο ֟ ؟ 4 <Skd*9$$Ifl0 t644 la$d$Ifa$gd Skd8$$Ifl0 t644 la d$Ifgd4 < >  <SkdN:$$Ifl0 t644 la$d$Ifa$gd Skd9$$Ifl0 t644 la d$Ifgd   ^ f h <Skdr;$$Ifl0 t644 la$d$Ifa$gd Skd:$$Ifl0 t644 la d$Ifgd ġ ơ  " $ Ƣ <Skd<$$Ifl0 t644 la$d$Ifa$gd Skd<$$Ifl0 t644 la d$IfgdĢ Ƣ Ȣ ̢ ΢ Т Ң Ԣ ֢ آ ڢ ܢ   " $ 2 4 < > @ 꺬yoybybybybybRhbukhbuk5CJOJQJaJhbukhbukCJOJQJhCJOJQJh1m"hbukCJOJQJh'OJQJhL{OJQJh6hL{OJQJh 5OJQJ\hh 5OJQJ\h h OJQJ\hhai5OJQJ\hRL[5OJQJ\hai5OJQJ\hK5OJQJ\hehKOJQJƢ Ȣ Т Ң Ԣ ֢ آ <Skd=$$Ifl0 t644 la$d$Ifa$gd Skd(=$$Ifl0 t644 la d$Ifgdآ ڢ ܢ ޢ > @ uuiYd]`gdbuk d]gdbuk 1d`1gd&$1d`1a$gdJSkdL>$$Ifl0 t644 la d$Ifgd$d$Ifa$gd @   < > B D B D f h l n Ƨ ȧ , ¨ Ĩ   Z \ T V Z \ ` b گ ܯ x ~ B D ² ز ܲ d f ij h~@CJOJQJh L`@CJOJQJmH sH hbukhbuk@CJOJQJ\$hbukhbuk@CJOJQJmH sH h@CJOJQJhbukhbuk@CJOJQJhbuk@CJOJQJhbukhbuk@CJOJQJ6@ : R ڲ ܲ L $]`a$gdbuk$vd]`va$gdbuk$vd]`va$gdbukij س ڳ @ δ , B J L j Ƶ ܵ    Ķ ƶ L ^ Ĺ ȹ ʹ ̹ й ҹ ֹ 񯧟{tj]hhCJOJQJhCJOJQJ hiHhiHh6hL{5CJOJQJh6hL{OJQJh6hOJQJhOJQJh'OJQJhbukOJQJhbukh@CJOJQJhbukh~@CJOJQJhbukhbuk@CJOJQJ\h~@CJOJQJhbukhbuk@CJOJQJ" ¹ Ĺ ƹ ȹ ʹ ̹ ι й ҹ Թ ֹ " F H ̺ , D $1d`1a$gd&$a$gdgdiH 81d`1gd& 1d`1gd&$]`a$gdbuk " F ̺ * , > B D f h   ( Źђх}r`N`@huohL{56OJQJ"hP.hnPz5OJQJ\mH sH "hP.hL{5OJQJ\mH sH hP.hP.mH sH hP.mH sH h6hL{CJOJQJh5OJQJh[hL{5mH sH h[5mH sH h[5OJQJhhL{5OJQJhh5OJQJh6hL{5OJQJhh5OJQJhL{CJOJQJhhL{CJOJQJD F  ޼ H : < > $1d`1a$gduo$a$gduo 1d`1gd& 81d`1gd& 81d`1gd&$1d`1a$gd&( * 8 : > @ D F H L R Z \ n t v | μα΁Γs`M%hP.hL{56H*OJQJmH sH %hP.hL{56H*OJQJmH sH hhL{56OJQJ"hP.hP.56OJQJmH sH h[56OJQJmH sH h56OJQJmH sH h56OJQJ"hP.h56OJQJmH sH "hh56OJQJmH sH huohL{56OJQJ"hP.hL{56OJQJmH sH  ¼ ̼ μ ڼ ܼ ޼     , . > @ F H n 8 : < > @ βuj^hbukCJOJQJaJhP.56mH sH h@R56mH sH huo56OJQJh`huo56OJQJhuoh&m556OJQJh&m556OJQJhh&m556OJQJhuohL{56OJQJhhL{56OJQJh56OJQJhhP.56OJQJhP.56OJQJ!> B D H J N P T V Z \ n p r t v x hh]h`hgdB} &`#$gdjhh&`#$]h`hgdB} hh]h`hgdB} &`#$gdB}$1d`1a$gduo$]`a$gd@R@ B D F J L P R V X \ ^ j l n r t x z Ⱦ ʾ ̾ ξ о Ҿ ޘʔhq haCJH* hhahKaha0Jh[0JmHnHu hj0Jjhj0JUha ha0Jjha0JUhY7jhY7Uh6h@ROJQJhgphy(OJQJ) ¾ ľ ƾ Ⱦ ʾ ̾ ξ о Ҿ $1d`1a$gduogdd-ph]h&`#$h]hgdJ$&`#$a$gde!$&`#$a$gdj< 00&P 1h:pY` .!"#S$n%77 O 0&P 1h:p .!"#n$n% P0 8 8 9 0&P 1h:p .!"#n$n% C 0 00&P 1hP:pWL .!"#n$n% $$If!vh5u5#vu#v:Vl t065u5$$If!vh5u5#vu#v:Vl t065u5$$If!vh5u5#vu#v:Vl t065u5jDd @lb  c $A? ?3"`?2hsDv!5 [M\`!hsDv!5 [Mp pVxڕQ=KAI<8E,N ȭ& r%BG:koXϰS,9.f, `"_q4FhR my\zmf`R)#ǀ4.Tz*b t<KTVhQߖ>[+P EujقaI#s65Qvn$'lGۃV /BW嶠C!W'K#/8!5۔Ӭ,QcLӼ}}iwYUO-ANq$ڨ:( 7*A >h n$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~                           ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? @ A B C D E F G H I J K L M N O P Q R S T U V W X Y Z [ \ ] ^ _ ` a b c d e f g h i j k l m n o p q r s t u v w x y z { | } ~                            ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? @ A B C D E F G H I J K L M N O P Q R S T U V W X Y Z [ \ ] ^ _ ` a b c d e f g h i j k l m n o p q r s t u v w x y z { | } ~                            ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? @ A B C D E F G H I J K L M N O P Q R S T U V W X Y Z [ \ ] ^ _ ` a b c d e f g h i j k l m n o p q r s t u v w x y z { | } ~                            ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? @ A B C D E F G H I J K L M N O P Q R S T U V W X Y Z [ \ ] ^ _ ` a b c d e f g h i j k l m n o p q r s t u v w x y z { | } ~                            ! " # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? @ A B C D E F G H I J K L M N O P Q R S T U V W X Y Z [ \ ] ^ _ ` a b c d e f g h i j k l m n o p q r s t u v w x y z { | } ~        !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~Root Entry  F=JData >WordDocument 3#ObjectPool &J=J_1213434640F&J)JOle CompObjfObjInfo  FMicrosoft Equation 3.0 DS Equation Equation.39qzb`4 340301000"11M"611"96Oh+'0 Equation Native ~1Table&SummaryInformation( DocumentSummaryInformation8 $655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655$$If!vh55#v#v:Vl t0655?*!*2=<D2M OBV9_g[px FJ'<A/ T&a/7x@cIQZck6t.}߅E$\[uCw-!!)2r;SD MU^gnpx u͒ΛJ Z &l#+p4=DMDV^goZwD+¸N_P~ %)0+9AoI2RZc lt}rY?2"t: &m/6=7F6O3W_gQpx؏=AM5#/u,(09BJRYZb6ks{ԃJ'   !' / 8 @ H =P X a j s | 0  V m # 3   s   d# 5, 4 < @E M *V ^ f n w  = Џ .  I \  z \ W $ Q, 4 < yD ]L T s\ c l t ]| N N 4  P ]  A  A% J- 5 < D vM [U ] f n v b~  Z R ˶ 9 *   [ y# + 4 < D ,M V ^ g Np }x - f X 1 E t Q r ` ! ;|4&^.6E?G7OXWo`hqQz =l>HY9eC|N^ :i $|(,/Y2e5j5s8:AHO\UX]` cSc  ?AFQ 5 O | J!%Zn4lU;Uu 8!0"#O$H% &'()w*+,c-._/W012y34s5678w9J:T;<=r>a?'@]ABOCD;EFvGHI~JKLqMNWOPeQ&RSTLU{VVW|XFYZ[[b\S]/^|_`Gabcdefsghnitjklm3noipqrQstu}vwMxyzl{&|{}~|n:j:S@iI\^%SJc@lnY>Y rn8MZa47uIWR0K:Oib])h8wBBOB@B 1KG=K9CJ_HaJmHsHtHV@V 03>;>2>: 1$$dh@&a$5CJOJQJ\J@J 03>;>2>: 2$$@&a$ CJOJQJR@R 03>;>2>: 3$$@&`a$ CJOJQJ^@^ 03>;>2>: 4$$dh@&`a$5CJOJQJ\R@R q 03>;>2>: 5$@&^5CJOJQJ\L@L q 03>;>2>: 6$j@&`j CJOJQJR@R q 03>;>2>: 7$@&`5CJOJQJ\L@L q 03>;>2>: 8$h@&`h CJOJQJL @L q 03>;>2>: 9 $$@&a$5OJQJ\BA@B A=>2=>9 H@8DB 0170F0\i@\ 1KG=0O B01;8F0 :V 44 la .k. 5B A?8A:0 nC@n A=>2=>9 B5:AB A >BABC?><$dh`a$ CJOJQJxR@x A=>2=>9 B5:AB A >BABC?>< 2$dh`a$5CJ OJQJ\R>@R 0720=85$dh`a$5CJOJQJ\rS@"r A=>2=>9 B5:AB A >BABC?>< 3$dh`a$ CJOJQJL@2L 5@E=89 :>;>=B8BC;  E$4)@A4 ><5@ AB@0=8FKDB@RD A=>2=>9 B5:AB CJ$OJQJHP@bH A=>2=>9 B5:AB 2 CJOJQJ\"\ d-p0720=85 >1J5:B0$dh`a$ CJOJQJJ @J d-p86=89 :>;>=B8BC;  E$p@p )hF !5B:0 B01;8FK7:V0Sce5s8Sc2#>2#2#2# ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s !^s "^s #^s $^s %^s &^s '^s (^s )^s *^s +^s ,^s -^s .^s /^s 0^s 1^s 2^s 3^s 4^s 5^s 6^s 7^s 8^s 9^s :^s ;^s <^s =^s >^s ?^s @^s A^s B^s C^s D^s E^s F^s G^s H^s I^s J^s K^s L^s M^s N^s O^s P^s Q^s R^s S^s T^s U^s V^s W^s X^s Y^s Z^s [^s \^s ]^s ^^s _^s `^s a^s b^s c^s d^s e^s f^s g^s h^s i^s j^s k^s l^s m^s n^s o^s p^s q^s r^s s^s t^s u^s v^s w^s x^s y^s z^s {^s |^s }^s ~^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s !^s "^s #^s $^s %^s &^s '^s (^s )^s *^s +^s ,^s -^s .^s /^s 0^s 1^s 2^s 3^s 4^s 5^s 6^s 7^s 8^s 9^s :^s ;^s <^s =^s >^s ?^s @^s A^s B^s C^s D^s E^s F^s G^s H^s I^s J^s K^s L^s M^s N^s O^s P^s Q^s R^s S^s T^s U^s V^s W^s X^s Y^s Z^s [^s \^s ]^s ^^s _^s `^s a^s b^s c^s d^s e^s f^s g^s h^s i^s j^s k^s l^s m^s n^s o^s p^s q^s r^s s^s t^s u^s v^s w^s x^s y^s z^s {^s |^s }^s ~^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s ^s"^s^s^s^s^s^s^s^s^s^s^s^s^s ^s^s^s^s^s^s^s^s8A'!)09CB(KS-\dm_v!-\ 8z\C{R- Tg#*,4^=zF8N W_gpy4Aj`!xirS"a|TJg{] sYU k 5   $fMoSP* !"#$% &'(G)*+V,-k./01}23j45K67o89w:;<|=Q>?@QAB0C_DIEFGH[IJoKL{M)NOPQRSTUV|W$XWYxZ?[N\`]R^2_G`EabcIde-fgxhrijkDlOmnop}q`rnstuvw|xnyz{C|}~]]?H'v      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~"Y^VBU7IjgZAFV3b ]^wJ\(::CikXtZIblBL[< !-IJmnopqrstuvwxyz{|}~ tuvwxyz{|} *+,-U8g?l)*+ > j , ~8w2Gu[ '!h"x#Z$%N(O(P(Q((b))7**Y++O,(--0...0/G0;11/2@4468<9:D<j=[?AAAA"CFGVHJ(K]L^Z$S6 s#C~${'j @\nNOi 7 Y e Fsy- 7O /"#%.'R)+r,.B//1F2P3<455.6/66A8;<?$@AmB[CFWH9IEJ>K?KgKhKQLL8NNPRVSoT@UWVWYN\O\\\=]M``JaKbc9d8eOfgggijjmqqsuYwxy7z{B|~%CCES׌ˍ̍>MijA1RږMޗ'gϘ3 gٞVWtu/TmȩW?+72ӳƷǷ1AZ|4M4     SU>Q+:Xh&*=[r}wY$()@_'0Yl6aG;uH@h;SoGU\()*Q   J  $ z   *   !1 2"J"c"""%'t((()*,M..^114;6L7:<;>t?@AEE GGK2M.NNNNNNNNNNNNNNNNNNNNNNNOOOOOOOOO OO*O+O-Q.QiQjQZTUQUUUUBVW!YZu\]^_:aabcd&fgAhFi?km[pqGs|tuvxxxxx||e~ցW]φӍ p 3{hեtC  &'Z,&zղ]y߶\,B žX7dqU|um)e 3CudWuAu/^  GT%6M  ""(")"$()c*N+,~.01&2347.8::<=b?@JAxBC&EFsHILLO`P7QQnS%UVWYT[U]]`cddBeEfffgghRiSiTinioik'mGno"q5rEstwQz{y{.}~w[ޅ߅Sԍx1DE&ߧѨ_9sòu )AE)  t>>sfUu++6CEK#wY_?w[~ p  +QK$%( hu !!!"/%]&'(m**+/m12T57F9:;0=+?4@ASDZEFI)L{MNPQ-RTTUSUXZS\]A__`ac'eg[hmj lmoqsuwxNz{||||w Mфp%JmnފǍ͒t.$Oם}ؠtOĭϱ QN͹+޾Y=t`8^5\TU~ D9}@A5VZWW@*f`a=e   N e a w!""#'K(V) **4*5*->//f0w1125567v9w;=*=A=R=S=v=w=w?@$BLEH IPJK MMOBQRTBVCVDVMVNVEWYZ[[\\]_ab*ccfgghiiiiklnoooo(pAp_pwppq-qLqav#w=wZwowwww>xbxxx||}`~DkkN%&ˋM34`Adڑ wRoԘUkmE8+?#ǹOz3w(NNp7Ph/("5TkP">Qu(>    h./ !]"e# %&'z(%)n))5**+ ,,--./,1G2Z3,446+9};8<=>?x@/ABCEEEE;FG HIIJKMNPQQ2RlRRuTVfXY9[/\]^_`befghhi i llmmpp!s u y\zX{|}}$}2}3}~ `ȁer aQՍ8 =қU0DzTզ!:Yߪ0aȫ%@fŬ?έjFNKĹ?/%/Ku[PrU 2FZqmn$ J1<nHuN8V-\] ;   fo)&vZE![#$%%'X'(.)m*,,./i0u00 1^129335}556678[9::;/;; <<=k>>Y?y?@B+DAEF.IZJ9LDNNOOOO QRjSUX?Y^YY7Z\ZZf[;_`bcxd5ee&hhiklimoprsCtMuuTvrwxxxTyyzzz{){K{w{e}}<3fPͅTrY^H؏Flǒ:Ж\ tsF_<6FAȷɷ4AhP( )MMXF8| G$ *i>_?9I=R"#C "   g{)!!$C&'J)*!++- 013o679;=> @@BBCDEFGHJ}KLLNSNOFPPQRaS3TTTHUUaVWWXXYZ[`>aabffffPghhijklmoprtt-u/vwwxxz{|Q}}~ Մ<CcH]Q8ݐ,WjXߖ;J)qBes!UGv+!D_Agx!޸Ϻ   b8$)<l |9QQ#F4u'Fl[ Np\>G = W   5  / K M 0   -   W        " x " " ]# # h$ % 0& !' ( 6) 4* * + - +/ c0 1 2 u4 5 <6 6 7 8 : ; < > > c@ A A B gC D BF H H H !H "H |J M lN 2O O O O P =P P OQ S xU $W Y )[ &\ d_ A` a ?b f j n jq s s t du rv v 2x x y z 7{ | } ~ k~  " c C D c g nj I | Ԏ ҏ Ґ [  v Ӕ g . ߙ ՚ 0 U ! K   / i V R 1 ® î خ ٮ ߲ ~ o 6 y ׽ T  վ d X 3  I 4 | g ` n  \ o $  I   w x 1 ^  ` _ L  h g   U  Q w    C                             F  5  i        u   d# l% ( @) * , :- :. / / L1 92 3 3 A5 6 6 7 9 : : : : = ? @ B C D E 4G H I I J uL M OO O tQ BR R R S T T T 0U *V V X Y TY Z [ [ o\ }] _ a a a b b _e g h k `k m n p 1 q r =   ¯ `  ɴ % ^ @ ` R r 7 >  3 L N N r O 4 < I W [   0 1   t B I { \ M e X K h G   J   { c z 9  2 t ,  J a :  V        B ! ! :" " " " $# Q# # 7$ Q$ $ $ $ % J% v% % % & A& & & V' ' ' ( ) * + , . . )/ 0 0 E1 ^1 1 2 2 5 6 K7 7 u8 8 : h; ; < < < < y> 5? ? O@ A A ,B B yC D D ]E F yF F wG H xI J K ZK K L N O P Q S S bT T U W W W W W Z [ .[ M[ y[ s\ \ \ #] _] ] ] ] ] U^ ^ ^ ^ ^ _ 8_ O_ j_ ` d e si i k Ul l `n 4p p @q q s Vv w x -y y hz z h{ { ]| ~ g  T  b  Ӥ y 3   Z q \ 2 h  /  '  6 ! X 4 I Ķ p ظ ; J > y V l ^ 4 ? a  B   * + Y F  K z ]  R S ] }    j   N   = > ? @ A Q f g d  ! ! $ A% 6& & =' ( ) J* + + , - . / 0 1 2 3 ^4 5 =6 ^6 6 6 7 X7 7 7 V9 W9 9 9 : j; 4< = > 3? ? @ B B C ZD D E AG =I I gJ VL vM N (P P !Q R .R UR zR R QS S T [U V wW X Y Z [ \ V] _ ` c 9d e f _h h ?j @j dj ej k k l Dn n lo p p Gr vs u u ,w x Nx x z z { z{ j| C} ~ b~ ~ Y : l % 5  J & b S & \     q - g ϝ R Ȟ  ؠ u  / m   ٮ 2  ; / ) 0 @  2 ; ȿ N 1 K t ~   Z c X f \ )  F *  B 6  M | b 4 A  n     ; D  2 2  a   R     r Q      ! " F# y# # $$ E$ h$ $ $ w' ) I* F, , - - g. %0 0 2 2 15 g6 O7 Z8 : : : : ; K< > M? s? ? ? @ F@ h@ @ @ A 9D D G H XI vJ LK HL M N (O P KQ R S "U 'W W dX X IZ ] x_ Ve j j k l m n o p q r Gs s s s s y { b{ )| | } P~ ~  - ǀ ׁ @ ( } @ ӄ 1 ׅ W ˆ { ȉ b %  J  N ) @ X  ? # $ % & ' ( ) * + , - . / 0 1 > X Y # d ! F E Ʊ N " U f = s ] h > ? h i (  ' 5  ?  k 0 2  X  `   ) n ! I*A;u"8|!"#S$&'())1)2)*$,^.*0\2234668 9Q:8;;[==>?;ʰҤձIJJJJҰLN7O-QǰTǦW³\^tuwxeyzzzzx|}|!_GYC k 0785ǭǰe~nkܹCͽν<>$HscdHZ}mCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcde"9Pe{'=Tg.C[v,C\t3DEKL]o!9Qj&=Vs2I\v $<Ur.BVh4Pez{|)*.01HZs$<Nb|2Jg !D\s1Kcz6Pf|(<Nj$AZv #7J]wG]s(=g1Ie{ $9Qm#=Vl1DEJK_z/DXl$B[s+G`|-CWl~ 2Gbz0167Ng}4J^y &=Ti':Re} %;Ro$?Qe}#56;<Om + D W p        , @ W k        5 I _ y        3 I ^ r        4 P l     0CWn 1E_u,CTUZ[p8Rj4Qh}!:Tm=Vr  9Oax%=Sfz,C[l1I]ruvyz ">[p&=Up*AUj/ASoqvw'=Qi &<Qk':Pd~ & ? Z m       !!-!B!\!r!!!!!!""2"G"a"x"""""" #$#D#a#~######$$1$J$f${$$$$$%#%<%O%g%|%%%%%% & &<&R&p&&&&&&&&&&'$'?'Y'q''''''(!(<(T(i(|((((((((((+)F)`)y))))))**4*P*f******* ++6+M+b+{++++++,,4,K,\,t,,,,,,-+-G-`-a-g-h------.. .&.(.;.W.n.o.t.u......///0/C/X/t///////0$090P0e000000000 1)1G1d1111112)2=2Y2t222222 33;3U3m333333344L4g4h4n4o444444445'595e5f5g5h5i5j555 6t66N7s88p99999999::::::::k::P;;,<<<C==V>>`??@AAAAAABBBBBBBBBBBBBBECFCICJCCCCCCCCCC-D0D1DbDeDfDDDDDDDDEEEIELEME|EEEEEEEEEFFF.F1F2F[F^F_F|FFFFFFFFF GGG7G;GL?LfLjLkLLLLLLLLLLMM MDMHMIMjMnMoMMMMMMMMNN$N(N)NXN\N]NNNNNNNNNNOOO(O,O-ONOROSOOOOOOOOOOPPPKPOPPPPPPPPPPPP5Q6Q:Q;Q_QcQdQQQQQQQQQQ%R)R*RXR\R]RRRRRRRRRRSSS@SDSESjSnSoSSSSSSSTT T8Tc?cLcOcTc@7e@7e@7e@h@h@h@h@h@h@h@7e@Ja@Ja@Ja@Ja@@՗@՗@Ja@7e@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@k@7e@h@h@h@h@h@h@h@h@h@h@h@h@h@h@0@0@u@7e@Ja@Ja@7e@Ja@@Ja@7e@7e@7e@7e@7e@7e@7e@Ja@0@Ja@JaJaJahJaJa7ehFYhJaJa7eh- Ja7ehO@h@h@Ja@7e@Ja@Ja@k@Ja@@@3@Ja@Ja@Ja@Ja@m@7e@7e@7e@@@7e@Ja@Ja@Ja@Ja@=@Ja@Ja@Ja@K@ @Ja @Ja@=@Ja@Ja@0#@Ja@Ja@@ @Ja@K@_ @ @K @Ja@Ja@Ja@Ja@@~ @@@4/@4/@4/@@~ @4/@@@@Ja@Ja@Ja@'@Ja @Ja@Ja @Ja@Ja@Ja@Ja@@Ja@Ja @Ja@Ja@@Ja@Ja@D#@Ja@Ja@Ja@_ @Ja@Ja@Ja@Ja@ @Ja@Ja@Ja@K@Ja@Ja@Ja@@Ja@Ja@K@Ja@Ja@ @Ja@Ja @Ja@T$&@Ja@Ja@Ja@Ja@K@Ja@Ja@Ja@o@@Ja@Ja@Ja@ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@K@Ja@Ja@Ja@Ja@K@ @_ @_ @@_ @_ @@o@'@ @Ja@K @Ja @Ja@"@@o@@@Ja @Ja @Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@@@Ja@Ja@M{@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ҿ#@ @Ja@8S@K@Ja@@8S@Z/@Ja@Ja@@7e@Ja@Ja@Ja@Ja@4/@4/@4/@~ @4/@~ @Ja @Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@s @ @)$ @Ja@Ja@Ja@@Ja @Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@ @Ja@Ja @Ja@/@s @Ja@Ja@Ja@ @)$@_ @ @=@Ja@@Ja@Ja@Ja@Ja@Ja@@Ja@Ja@Ja@Ja @Ja @Ja@Ja@Ja@Ja@Ja@@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja @Ja@Ja@@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ja @Ja@'@Ja @Ja@Ja@Ja@H@Ï@Q@H@s @Ja@ @ @ @ @Ja@Ja@K@@H@Ja@Ja@H@@Ja@Ja@Ja@@7e@Ja@'@'@'@'@'@'@ @@_ @'@'@Ja@Ja@7e@Ja@Ja@Ja@Ja@Ja@@@@ @'@'@@'@@'@Ja@ @Ja@'@ @Ja@@Ja@Ja@o@Ja@Ja@Ja@@Ja@@Ja@Ja@Ja@=@Ja@K@K@_ @Ja@ @ @o@Ja@@7e@Ja@Ja@l@l@l@l@Ja@Ja@Ja@Ja@Ja @Ja@Ja@=@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@7e@@7e@Ja@Ja@_ @Ja@'@'@ @'@Ja@7e@Ja@Ja@Ja@Ja@K@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@o@@=@=@_ @@@'@Ja@K@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@@4/@@@@4/@@Ja@Ja@l@@@Ja@_ @Ja@ @Ja@Ja@'@f@Ja@Ja@Ja@Ja@Ja@Ja@l@l@l@ @Ja @Ja@Ja@l@l@Ja@_ @Ja @Ja@Ja@2@Ja@`@w@Ja@D# @Ja@@8S@ @Z/@(@Ja@Ja@Ja@2*@@Ja@Ja@Ja@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@m@7e@7e @Ja@Ja@@Ja@f@ @Ja@Ja@Ja@Ja@Ja@Ja@K@K@o@Ja@_ @o@K@Ja@Ja@Ja@_ @Ja@Ja@Ja@Ja @Ja @Ja @Ja@Ja@Ja@K@Ja@Ja@Ja@Ja@Ja@@7e@U!@Ja@Ja@D#@Ja@_ @Ja@Ja@Ja@Ja@_ @Ja@Ja@_ @Ja@_ @K@f@/@o@K@o@_ @=@K@o@@_ @Ja@Ja@Ja@@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@_ @ @_ @@7e@_ @@ @ @K@ @@_ @'@'@'@_ @@@@o@Ja@l<-@ @Ja@@K@@Ja@@o@@Ja@=@+@Ja@Ja@ts@K@Ja@Ja@@Ja@ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@@_ @_ @_ @=@@Ja@Ja@@Ja @Ja@_ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@7e@@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja @Ja@Ja@Ja@Ja@@Ja @Ja@Ja@_ @Ja@Ja@@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@' @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@ @Ja@Ja @Ja @Ja@Ja@ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@7e@@7e@o@Ja@Ja@@_ @Ja@Ja@@U!@@'@Ja@=@@=@y(@Ja@Ja@@Ja@L @Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@@Ja@2@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@_ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ja @Ja@_ @Ja@ @Ja@Ja@Ja@=@@@l@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@m@7e@7e@Ja@Ja@Ja @Ja@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@o@Ja @Ja@Ja@_ @Ja@f@K@@_ @l<-@Ja@@Ja@ @Ja@@Ja@_ @_ @o@ @o@@Ja@Ja@Ja@Ja@K@Ja@Ja@=@Ja@=@Ja@@f@ @Ja @Ja @Ja@Ja@Ja@@@Ja@@o@K@@Ja@@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@'@Ja @Ja@Ja@Ja@_ @Ja@Ja@Ja@&@=@K@2@2@@Ja@K@K@o@_ @Ja@f@_ @@Ja@@K@_ @K@_ @_ @=@ @Ja@Ja@f@o@@@@Ja@Ja@K@=@@f@@o@@@o@@@o@=@Ja@=@@_ @Ja@@Ja @Ja@Ja@K@2@@ @7e@@Ja@Ja@o@@_ @=@=@K@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ja@Ja@l@l@l @Ja@Ja@Ja@Ja @Ja@Ja@_ @Ja@Ja@Ja@Ja@Ja@ @Ja @Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@@Ja @Ja@Ja@@+@'@Ja@Ja@Ja@Ja@Ja@7e@_ @+@=@@b@ @o@'@4/@@4/@4/@Ja@Ja@Ja@'@Ja@Ja@Ja@Ja@ @Ja@Ja@Ja@_ @Ja@Ja@Ja@Ja@Ja@Ja@ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@o@Ja @Ja@Ja@Ja@Ja@D#@Ja@Ja@Ja@@@Ja@Ja@Ja@Ja@'@_ @@Ja @Ja@Ja@Ja@_ @Ja@o@Ja@m@7e@7e@@@7e @Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@o@Ja@K@@Ja@Ja@Ja@@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@f@Ja@Ja@_ @ @Ja@@Ja @Ja@Ja@Ja@̴@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ja@Ja @Ja@Ja@'@ @Ja@@Ja@Ja@'@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@_ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@_ @U!@ @@Ja@@"*@'@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@&@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@N@_ @Ja@Ja@Ja@Ja@_ @Ja@@l@l@l@l@l@l@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja @Ja@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@_ @Ja@Ja @Ja@Ja@Ja@=@Ja@Ja@Ja@o@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@=@Ja@Ja@Ja@k@Ja@_ @Ja @Ja @Ja@Ja@Ja@Ja@Ja@@Ja@Ja@Ja @Ja@Ja@_ @Ja@Ja@Ja@ @Ja@Ja@Ja@Ja@Ja@ @Ja@Ja@Ja@Ja@' @Ja@Ja@Ja@Ja@Ja@Ja @Ja @Ja@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@=@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@&;@Ja@_ @Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@U!@'@K@Ja@Ja@@Ja @Ja@Ja@Ja@Ja @Ja@Ja @Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@m@7e@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ja @Ja@Ja@Ja@Ja@Ja @Ja@=@Ja@Ja@Ja@Ja@Ja@Ja@Ja@D#@Ja@Ja@Ja@l@l@l@l@l@l@l @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@l@l@l@Ja@@l@@l@l@Ja@l@l@l@l@l@Ja@Ja@Ja@Ja@Ja@Ja@Ja@=@b@Ja@O@ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@'@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@7e@'@Ja@Ja@Ja@l@l@l@l@@@l@Ja@Ja@l@@l@l@l@Ja@Ja@Ja@Ja@Ja@Ja@@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@K@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ja@Ja@Ja@Ja@=@o@2@Ja@K@_ @_ @@@K@_ @_ @K@ @o@Ja@@@Ja@o@K@Ja@@Ja@K@=@2@Ja@'@Ja@Ja@Ja@Ja@Ja@Ja@Ja@R@@@@@Ja@Ja@Ja@Ja@Ja@@l@4/@@~ @Ja@Ja@'@Ja@Ja@Ja @Ja@@_ @?V@2@_ @=@o@Ja@_ @Ja@@Ja@Ja@Ja@Ja @Ja@!@Ja@Ja@Ja@Ja@Ja@Ja@ @Ja@Ja@Ja @Ja@Ja@ @Ja@9@Z/@ @@K@'@@K@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@l@4/@4/@@4/@Ja@l@l@l@Ja@Ja@Ja@Ja@Ja@Ja@Ja@l@@Ja@Ja@Ja@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@@@@@@@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@'@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@M@M@M@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@K@Ja@Ja@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@' @Ja@Ja@Ja@ @K@ @_ @U!@Ja@@@'@ @@ @ @Ja@@@'@_ @'@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@l@l@l@l@@l@Ja@Ja@@Ja@Ja@Ja@Ja @Ja @Ja@Ja@Ja @Ja@Ja @Ja@Ja@Ja@Ja @Ja @Ja@Ja@Ja@Ja @Ja@Ja@Ja@_ @K@=@K@=@K@Ja@=@ @@Ja@2@@@@ @_ @'@@@@= @Ja@_ @o@o @Ja@ @K@Ja@Ja@Ja@ @ @ @ @ @Ja@_ @Ja@Ja@Ja@Ja@@K@ @'@'@_ @ @ @@7e@'@@'@ @'@Ja@'@Ja@Ja@Ja@Ja@Ja@Ja@Ja@7e@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja @Ja@=@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@ @'@Ja@Ja@Ja@Ja@=@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@@Ja@ @Ja@Ja@Ja @Ja@'@Ja@Ja@Ja@Ja@Ja@ @2@_ @ @'@ @Ja@'@Ja@Ja@Ja@Ja@Ja@Ja@l@l@l@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@4/@4/@@~ @@ @Ja@Ja@Ja@Ja@l@l@l@l@l@Ja@l@l@l@l@l@l@Ja@Ja@Ja@Ja @Ja@7e@7e@7e@7e@7e@m@7e@7e @Ja@Ja @Ja@o@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@+@Ja@Ja@.@Ja @Ja@ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@7e@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@ @Ja@Ja@Ja@K@Ja@Ja@@Ja@_ @Ja@Ja@Ja@Ja@Ja@ @Ja@Ja@Ja@=@@=@@o@Ja@Ja@Ja@L @Ja@K@Ja@Ja@Ja@@Ja@Ja@Ja@'@_ @Ja@ @=@Ja@_ @Ja@Ja @Ja@Ja@K@Ja@K@Ja@K@Ja@Ja@_ @Ja@o@Ja@L @x@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@7e@7e@@Ja @Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@{ @Ja@Ja @Ja@Ja@_ @Ja@Ja@Ja@Ja@"*@D#@/@f@@Ja@Ja@'@Ja@Ja@Ja@Ja@Ja@O@Ja@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@T@Ja@Ja@Ja@Ja@7e@@7e@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@X@@̴@o@'@O@K@@ @Ja@Ja@Ja@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@@Ja@Ja@Ja @Ja@Ja@@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@@ @'@Ja@K@ @K@Ja@o@_ @Ja@Ja@Ja@Ja@Ja @Ja@Ja@=@@_ @M{@ts@K@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@L @Ja@Ja@Ja@Ja@Ja@Ja@7e@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@*@'@Ja@Ja@Ja@Ja@Ja@Ja@_ @H @Ja @Ja@Ja@Ja@Ja@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@7e@m@7e@7e@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@7e@@Ja@Ja@Ja@Ja@@Ja@D#@o@f@K@@=@Ja@_ @ @Ja@@ @ @ @Ja@Ja@Ja@Ja@Ja@Ja@7e@@Ja @Ja@Ja@Ja @Ja@Ja@Ja@@@ @ @Ja@_ @@@K@Ja@Ja@ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@7e@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@@7e@D#@Ja@_ @Ja@@A@K@@Ja@'@_ @Ja@Ja@Ja@Ja@@7e@Ja @Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@_ @ @ @K@_ @_ @@_ @ @=@o@ @K@"*@K @Ja@ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@7e@@7e@Ja @Ja@Ja@Ja@Ja@@_ @'@_ @_ @'@_ @Ja@Ja@@=@@=@ @Ja@Ja@'@7e@Ja@Ja@Ja@Ja@Ja@Ja@Ja@7e@Ja@Ja@Ja@Ja@Ja@Ja@7e@Ja@Ja@Ja@= @Ja@Ja@@Ja@Ja@Ja @Ja@-# @Ja@Ja@@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@'@Ja@Ja@7e@Ja@Ja@Ja@@Ja@Ja @Ja@Ja@ @ @_ @@Ja@Ja@ @@=@ @_ @O@&@ @f@ @Ja@ @ @'@Ja@Ja@Ja@'@@_ @ @@Ja@Ja@Ja@Ja@Ja@@Ja @Ja@x@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@7e@Ja@Ja@Ja@Ja@Ja @Ja@7e@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@'@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@ @ @'@'@'@'@'@ @'@'@@'@Ja@K@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@x@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@h @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@=@ @Ja@@Ja@'@'@@@2@@'@'@ @Ja@Ja@Ja@Ja@Ja@2@=@y(@@2@@D#@Ja@@D#@o@=@' @Ja@Ja@_ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@2@Ja@7e@ @ @K@@'@'@7e@ @_ @ @7e@ @K@ @7e@'@ @@Ja@2@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@h@@h@Ja@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@"@9 @9 @ @ @r@M@M@M@M@M@M@"@M@e @M@m@7e@Ja@Ja@Ja@' @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja @Ja@Ja@'@Ja @M @M@M@M @M@Ja@7e@7e@7e@m@7e@Ja"@Ja @Ja @Ja@Ja@@Ja@Ja@Ja@Ja@Ja@@Ja@Ja@Ja@Ja@'@Ja@Ja@Ja@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ja@Ja@'@Ja@Ja@Ja@Ja@ @Ja@Ja@Ja@Ja@'@Ja@Ja@Ja @Ja@'@' @Ja@Ja@Ja@Ja@'@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja @Ja@Ja@x@Ja@Ja@Ja@Ja@h@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@7e@7e@7e@@Ja@Ja@Ja@Ja @Ja@Ja @Ja @Ja@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ja@Ja @Ja@Ja@@Ja@Ja@Ja@K@o@_ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@_ @Ja @Ja@Ja@@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@7e@7e@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja @Ja@Ja @Ja@Ja @Ja@Ja @Ja@Ja@Ja @Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja @Ja@Ja@Ja@Ja@'@=@Ja@Ja@Ja @Ja@Ja@Ja@Ja @Ja@Ja@@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@!@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@O@o@Ja@Ja@Ja@Ja@Ja@@(;@/@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ja@\>@K@Ja@ @Ja@Ja@Ja@Ja@Ja@Ja@Ja@_ @Ja@Ja@Ja@ @Ja@Ja@Ja@Ja@Ja@Ja@@=@Ja@Ja@Ja@Ja@'@Ja@Ja@ @Ja@Ja@Ja@Ja@Ja@Ja@ќ@Ja@Ja @Ja@Ja@Ja@Ja@@@@Ja@Ja@@@@@@Ja@m@7e@Ja@Ja@Ja@Ja@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@l@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ja@Ja @Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja @Ja@Ja@Ja @Ja @Ja @Ja@Ja@Ja@Ja@Ja@Ja@'@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@Ja@Ja@Ja@Ja @Ja @Ja@Ja@Ja @Ja @Ja@Ja@7e@@Ja @Ja@Ja@Ja@Ja@Ja@Ja@@Ja@Ja @Ja@Ja@Ja@Ja@Ja@@Ja@N@Ja@p@x@Ja@_ @Ja@Ja@Ja@Ja @Ja@c@Ja@Ja@Ja @Ja@Ja@Ja@j@Ja@@Ja@Ja@Ja @Ja @Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@ @Ja@Ja@Ja@Ja@Ja@Ja@Ja @Ja@Ja@Ja@(@Ja@k@T@Ja@Ja@@Ja@Ja@Ja@=@Ja@Ja@Ja@Ja @Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@T@Bm-@Ja@@Ja@Ja@Ja@Ja @Ja@Ja @Ja@Ja@D#@Ja@o@Ja@Ja@2@Ja@Ja@ @Ja@@Ja@Ja@Ja @Ja@Ja@U!@@=@Ja@Ja@_ @@o@_ @@Ja@Ja@@Ja@=@=@ @o@@=@Ja@Ja@ @7e@Ja@Ja@=@@f@@;@@ @Ja@Ja@2@@@7e@@Ja@ @Ja@φ! @Ja@ @b@=@@@'@b@Ja@_@Ja@@Ja@Ja@Ja@Ja@'@ @@ @Ja@'@'@@@=@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@@@Ja@Ja@Ja@Ja@@@8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 28 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .8 .@Ja@Ja@Ja@Ja@Ja@@Ja@7e@@@'@'@Ja@'@'@Ja@7e@7e@@@@7e@@@7e@7e@7e@@7e@j@j@j@j@j@j@j@j@j@j@j@j@j@@@@Ja@7e@7e@7e97e/h/h19Ja/h/h19Ja/hh9Ja/hh9Ja/h/h19Ja/hh9Ja/hh9Ja/hh9Ja/hh9Ja/hh9Ja/h/h19Ja/hh9Ja/hh9Ja/hh9Ja/hh9Ja/hh97e/hh9Ja/hh9Ja/hh9Ja/hh9Ja/hh9Ja/hh9Ja/hh9Ja/hh9Ja/hh9Ja/hh9Ja/hh97e/hh9Ja/hh9Ja/hh9Ja/hh9Ja/hh9Ja/7e6e9Ja/h/h19Ja/hh9Ja/hh97e/hh9Ja/hh9Ja/hh9Ja/hh9Ja/hh9Ja/7e6e9Ja/7e6e9Ja/7e6e97e/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e97e/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e97e/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e9Ja/7e6e97e/7e6e97e/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e/7em9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e97e/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e6e9Ja/7e/7em9Ja/7e6e9Ja/7e6e@7e@Ja@Ja@Ja@[@T@[@[@TV @[ @[@[@[@@@@@@@@@@@@@@@@@@@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@Ja@@7e@7e@7e@[@7e@7e@7e@7e@ul@7e@7e@7e@7e@h@h@h@h@h@h@7e@]@]@]@]@@]@h@h@Ja=@@@@@-IJmnopqrstuvwxyz{|}~ tuvwxyz{|} *+,-U8g?l)*+ > j , ~8w2Gu[ '!h"x#Z$%N(O(P(Q((b))7**Y++O,(--0...0/G0;11/2@4468<9:D<j=[?AAAA"CFGVHJ(K]L^Z$S6 s#C~${'j @\nNOi 7 Y e Fsy- 7O /"#%.'R)+r,.B//1F2P3<455.6/66A8;<?$@AmB[CFWH9IEJ>K?KgKhKQLL8NNPRVSoT@UWVWYN\O\\\=]M``JaKbc9d8eOfgggijjmqqsuYwxy7z{B|~%CCES׌ˍ̍>MijA1RږMޗ'gϘ3 gٞVWtu/TmȩW?+72ӳƷǷ1AZ|4M4     SU>Q+:Xh&*=[r}wY$()@_'0Yl6aG;uH@h;SoGU\()*Q   J  $ z   *   !1 2"J"c"""%'t((()*,M..^114;6L7:<;>t?@AEE GGK2M.NNNNNNNNNNNNNNNNNNNNNNNOOOOOOOOO OO*O+O-Q.QiQjQZTUQUUUUBVW!YZu\]^_:aabcd&fgAhFi?km[pqGs|tuvxxxxx||e~ցW]φӍ p 3{hեtC  &'Z,&zղ]y߶\,B žX7dqU|um)e 3CudWuAu/^  GT%6M  ""(")"$()c*N+,~.01&2347.8::<=b?@JAxBC&EFsHILLO`P7QQnS%UVWYT[U]]`cddBeEfffgghRiSiTinioik'mGno"q5rEstwQz{y{.}~w[ޅ߅Sԍx1DE&ߧѨ_9sòu )AE)  t>>sfUu++6CEK#wY_?w[~ p  +QK$%( hu !!!"/%]&'(m**+/m12T57F9:;0=+?4@ASDZEFI)L{MNPQ-RTTUSUXZS\]A__`ac'eg[hmj lmoqsuwxNz{||||w Mфp%JmnފǍ͒t.$Oם}ؠtOĭϱ QN͹+޾Y=t`8^5\TU~ D9}@A5VZWW@*f`a=e   N e a w!""#'K(V) **4*5*->//f0w1125567v9w;=*=A=R=S=v=w=w?@$BLEH IPJK MMOBQRTBVCVDVMVNVEWYZ[[\\]_ab*ccfgghiiiiklnoooo(pAp_pwppq-qLqav#w=wZwowwww>xbxxx||}`~DkkN%&ˋM34`Adڑ wRoԘUkmE8+?#ǹOz3w(NNp7Ph/("5TkP">Qu(>    h./ !]"e# %&'z(%)n))5**+ ,,--./,1G2Z3,446+9};8<=>?x@/ABCEEEE;FG HIIJKMNPQQ2RlRRuTVfXY9[/\]^_`befghhi i llmmpp!s u y\zX{|}}$}2}3}~ `ȁer aQՍ8 =қU0DzTզ!:Yߪ0aȫ%@fŬ?έjFNKĹ?/%/Ku[PrU 2FZqmn$ J1<nHuN8V-\] ;   fo)&vZE![#$%%'X'(.)m*,,./i0u00 1^129335}556678[9::;/;; <<=k>>Y?y?@B+DAEF.IZJ9LDNNOOOO QRjSUX?Y^YY7Z\ZZf[;_`bcxd5ee&hhiklimoprsCtMuuTvrwxxxTyyzzz{){K{w{e}}<3fPͅTrY^H؏Flǒ:Ж\ tsF_<6FAȷɷ4AhP( )MMXF8| G$ *i>_?9I=R"#C "   g{)!!$C&'J)*!++- 013o679;=> @@BBCDEFGHJ}KLLNSNOFPPQRaS3TTTHUUaVWWXXYZ[`>aabffffPghhijklmoprtt-u/vwwxxz{|Q}}~ Մ<CcH]Q8ݐ,WjXߖ;J)qBes!UGv+!D_Agx!޸Ϻ   b8$)<l |9QQ#F4u'Fl[ Np\>G = W   5  / K M 0   -   W        " x " " ]# # h$ % 0& !' ( 6) 4* * + - +/ c0 1 2 u4 5 <6 6 7 8 : ; < > > c@ A A B gC D BF H H H !H "H |J M lN 2O O O O P =P P OQ S xU $W Y )[ &\ d_ A` a ?b f j n jq s s t du rv v 2x x y z 7{ | } ~ k~  " c C D c g nj I | Ԏ ҏ Ґ [  v Ӕ g . ߙ ՚ 0 U ! K   / i V R 1 ® î خ ٮ ߲ ~ o 6 y ׽ T  վ d X 3  I 4 | g ` n  \ o $  I   w x 1 ^  ` _ L  h g   U  Q w    C                             F  5  i        u   d# l% ( @) * , :- :. / / L1 92 3 3 A5 6 6 7 9 : : : : = ? @ B C D E 4G H I I J uL M OO O tQ BR R R S T T T 0U *V V X Y TY Z [ [ o\ }] _ a a a b b _e g h k `k m n p 1 q r =   ¯ `  ɴ % ^ @ ` R r 7 >  3 L N N r O 4 < I W [   0 1   t B I { \ M e X K h G   J   { c z 9  2 t ,  J a :  V        B ! ! :" " " " $# Q# # 7$ Q$ $ $ $ % J% v% % % & A& & & V' ' ' ( ) * + , . . )/ 0 0 E1 ^1 1 2 2 5 6 K7 7 u8 8 : h; ; < < < < y> 5? ? O@ A A ,B B yC D D ]E F yF F wG H xI J K ZK K L N O P Q S S bT T U W W W W W Z [ .[ M[ y[ s\ \ \ #] _] ] ] ] ] U^ ^ ^ ^ ^ _ 8_ O_ j_ ` d e si i k Ul l `n 4p p @q q s Vv w x -y y hz z h{ { ]| ~ g  T  b  Ӥ y 3   Z q \ 2 h  /  '  6 ! X 4 I Ķ p ظ ; J > y V l ^ 4 ? a  B   * + Y F  K z ]  R S ] }    j   N   = > ? @ A Q f g d  ! ! $ A% 6& & =' ( ) J* + + , - . / 0 1 2 3 ^4 5 =6 ^6 6 6 7 X7 7 7 V9 W9 9 9 : j; 4< = > 3? ? @ B B C ZD D E AG =I I gJ VL vM N (P P !Q R .R UR zR R QS S T [U V wW X Y Z [ \ V] _ ` c 9d e f _h h ?j @j dj ej k k l Dn n lo p p Gr vs u u ,w x Nx x z z { z{ j| C} ~ b~ ~ Y : l % 5  J & b S & \     q - g ϝ R Ȟ  ؠ u  / m   ٮ 2  ; / ) 0 @  2 ; ȿ N 1 K t ~   Z c X f \ )  F *  B 6  M | b 4 A  n     ; D  2 2  a   R     r Q      ! " F# y# # $$ E$ h$ $ $ w' ) I* F, , - - g. %0 0 2 2 15 g6 O7 Z8 : : : : ; K< > M? s? ? ? @ F@ h@ @ @ A 9D D G H XI vJ LK HL M N (O P KQ R S "U 'W W dX X IZ ] x_ Ve j j k l m n o p q r Gs s s s s y { b{ )| | } P~ ~  - ǀ ׁ @ ( } @ ӄ 1 ׅ W ˆ { ȉ b %  J  N ) @ X  ? # $ % & ' ( ) * + , - . / 0 1 > X Y # d ! F E Ʊ N " U f = s ] h > ? h i (  ' 5  ?  k 0 2  X  `   ) n ! I*A;u"8|!"#S$&'())1)2)*$,^.*0\2234668 9Q:8;;[==>?;ʰҤձIJJJJҰLN7O-QǰTǦW³\^tuwxeyzzzzx|}|!_GYC k 0785ǭǰe~nkܹCͽν<>$HscdHZ}mCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcde"9Pe{'=Tg.C[v,C\t3DEKL]o!9Qj&=Vs2I\v $<Ur.BVh4Pez{|)*.01HZs$<Nb|2Jg !D\s1Kcz6Pf|(<Nj$AZv #7J]wG]s(=g1Ie{ $9Qm#=Vl1DEJK_z/DXl$B[s+G`|-CWl~ 2Gbz0167Ng}4J^y &=Ti':Re} %;Ro$?Qe}#56;<Om + D W p        , @ W k        5 I _ y        3 I ^ r        4 P l     0CWn 1E_u,CTUZ[p8Rj4Qh}!:Tm=Vr  9Oax%=Sfz,C[l1I]ruvyz ">[p&=Up*AUj/ASoqvw'=Qi &<Qk':Pd~ & ? Z m       !!-!B!\!r!!!!!!""2"G"a"x"""""" #$#D#a#~######$$1$J$f${$$$$$%#%<%O%g%|%%%%%% & &<&R&p&&&&&&&&&&'$'?'Y'q''''''(!(<(T(i(|((((((((((+)F)`)y))))))**4*P*f******* ++6+M+b+{++++++,,4,K,\,t,,,,,,-+-G-`-a-g-h------.. .&.(.;.W.n.o.t.u......///0/C/X/t///////0$090P0e000000000 1)1G1d1111112)2=2Y2t222222 33;3U3m333333344L4g4h4n4o444444445'595N5d5e5f5g5h5i5j555 6t66N77r8s88p99999999::::::::k::P;;,<<<C==V>>`??@AAAAAABBBBBBBBBBBBBBECFCICJCCCCCCCCCC-D0D1DbDeDfDDDDDDDDEEEIELEME|EEEEEEEEEFFF.F1F2F[F^F_F|FFFFFFFFF GGG7G;GL?LfLjLkLLLLLLLLLLMM MDMHMIMjMnMoMMMMMMMMNN$N(N)NXN\N]NNNNNNNNNNOOO(O,O-ONOROSOOOOOOOOOOPPPKPOPPPPPPPPPPPP5Q6Q:Q;Q_QcQdQQQQQQQQQQ%R)R*RXR\R]RRRRRRRRRRSSS@SDSESjSnSoSSSSSSSTT T8Tc?c@cAcJcKcLcMcNcOcPcQcTc0000000000000000000000000000000000000000000000000000000000000000000000000000 00000 0 0 0000 0 0 00 0 00000000000000000000000000000000000000000000000000000 0 0 0 0 0 0 0 0 0 0  0  0 00000 0 00000000000000000000000000000000000000000000000000000000000 0 0 0 0 0 000 0 000000000000000000000000000000000000000000000 0 0 00 000 0 0 000(000000 0 0 0  0  0  0 00000000000000000000000000000000000000000000000000 0 000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 0 0 0 0 0 0 0 0 0 0 0000000000000000000000000000000000000000000000000000 0 0 0 00000000000000000000000000000000000000 00 00 00 0000 0 0 0 0 0 000 0 0 0 0 0 00 0 0 0 0 0 00000008000000000000 0 0 0 0000 0 0 0 00000000000000 0 0 0 0 0 0 000000000 0 0 0 0 0 0  0  0 00 0  0  000000000000000 0 0 0 0000 0 00000000 0 0000 0 0 0 0000000000000000000000000000000000000000000000000      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~ 000 0 00000000000000000000000000000000000000000000000000000000000000000 0 0 0 0 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 0 0 0 000000000000000000000000000000000000000000000 0 0 0 0 0 0 00 0 0 00000000000000000000000000000000000000000000000000000000 0 0 0 0 000000000000000000000000000000000000000000000000000000000000000000 0 0 0 000000000000000000000 0000000000000 0 0 000000000000000000000000000000000000000000000000000000000000 0 0 0 0000000000000000000000000000000000000000000000000000000000000A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A= 0A= 0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A= 0A= 0A= 0A= 0A= 0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A= 0A= 0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A= 0A= 0A= 0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A= 0A= 0A= 0A= 0A= 0A= 0A= 0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A= 0A= 0A= 0A= 0A=0A=0A= 0A= 0A= 0A=0A=0A= 0A= 0A= 0A= 0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=000$}0$} 0$} 0$}0$}0$}! 0$}! 0$}! 0$}! 0$}! 0$}! 0$}! 0$}! 0$}0$}0$}0$}0$}' 0$}' 0$}0$}0$}0$}0$}0$}" 0$}" 0$}" 0$}0$}0$}0$}0$}0$}0$} 0$} 0$} 0 $} 0 $} 0 $} 0 $} 0 $}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$} 0$} 0$} 0$}0$} 0$} 0$} 0$} 0$} 0$}0$} 0$} 0 $} 0 $} 0 $} 0 $}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}, 0$}, 0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}# 0$}# 0$}# 0$}# 0$}# 0$}# 0$}# 0$}0$}0$}# 0$}# 0$}# 0 $}# 0 $}# 0 $}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}( 0$}( 0$}( 0$}( 0$}( 0$}( 0$}( 0$}0$}0$}) 0$}) 0$}) 0$}) 0$}0$}) 0$}0$}0$}# 0 $}# 0 $}# 0$}# 0$}# 0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}* 0$}* 0$}* 0$}* 0$}* 0$}0$}0$}0$}0$}0$}0$}0$}0$}# 0$}# 0$}# 0$}# 0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}+ 0$}+ 0$}+ 0$}+ 0$}+ 0$}0$}+ 0$}+ 0$}+ 0$}0$}0$}0$}0$}0$}0$}0$}+ 0$}+ 0 $}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}+ 0 $}+ 0 $}+ 0 $}+ 0 $}+ 0$}+ 0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}$ 0$}$ 0$}$ 0$}0$}0$}0$}0$}% 0$}% 0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}+ 0$}+ 0$}+ 0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}+ 0$}+ 0$}+ 0$}+ 0$}+ 0$}+ 0$}0$}0$}0$}0$}0$}& 0$}& 0$}& 0$}& 0$}& 0$}0$}& 0$}& 0$}& 0$}& 0$}& 0 $}& 0 $}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}0$}00# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# - 0# - 0# 0# 0# . 0# . 0# . 0# . 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# / 0# / 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 0# 00M 0M 00tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 0tQ 00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 00@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 00{ 0{ 0{ 0{ 0{ 0{ 0{ 0{ 0{ 0{ 00a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 1 0a 1 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0 0a 0 0a 0 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 0a 00 0 0 0 0 000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 2 0Q 2 0Q 2 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 3 0Q 3 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 4 0Q 4 0Q 4 0Q 4 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 5 0Q 5 0Q 5 0Q 5 0Q 5 0Q 5 0Q 5 0Q 5 0 Q 5 0 Q 5 0 Q 5 0Q 5 0Q 5 0 Q 0Q 5 0 Q 5 0 Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 0Q 00% 0% 0% 000* 0* 0* 0* 0* 0000> 0> 0> 0> 0> 0> 0> 0> 0> 6 0> 6 0> 6 0> 6 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 7 0> 7 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 0> 8 0> 8 0> 8 0> 0> 0> 8 0> 8 0> 8 0> 8 0> 8 0> 0> 0> 0> 0> 8 0> 9 0> 9 0> 9 0> 9 0> 9 0> 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 000000000000000000000000007070700000>0>00A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A00F50F50F50F50F50F50F50F50F50F50F50F50F50F50909090F509090F50F50F50F50909090909090909090909090909(09(09(090@0@0@0@0@ 0@0@ 0@ 0@ 0@0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@0@0@0@0@0U00000@0U000000000000000000@000@00000@000>U0000@U0@U0@U0@U0@U00@U0@U0@U000*V0*V0*V0*V0*V0*V00*V0*V0*V0*V0*V0*V000@0y00@0y00@0y00@0y00@0@0@0      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~@0@0@0@0@0@00@0@0@0@0@0@0@0@0y0000X0-IJmnopqrstuvwx~ tuvwyz{|*+,-U?l)*+ > j , ~w2Gu[ '!h"x#Z$%Q((b))7**Y++O,(--0...0/G0;11/2@4468<9:D<j=[?AAA"CFGVHJ(K]L^Z$S6 s#C~${'j @\nNOi 7 Y e Fsy- 7O /"#%.'R)+r,.B//1F2P3<45.66A8;<?$@AmB[CFWH9IEJ>K?KgKhKQLL8NNPRVSoT@UWVWYN\O\\\=]M``JaKbc9d8eOfgggijjmqqsuYwxy7z{B|~%CCES׌ˍ̍>MijA1RږMޗ'gϘ3 gٞVWtu/TmȩW?+72ӳƷǷ1AZ|4M4    SU>Q+:Xh&*=[r}wY$()@_'0Yl6aG;uH@h;SoGU\*Q   J  $ z   *   !1 2"J"c"""%'t((()*,M..^114;6L7:<;>t?@AEE GGK2M.NNN*O+O-Q.QiQjQZTUQUUUUBVW!YZu\]^_:aabcd&fgAhFi?km[pqGs|tuvxxxx||e~ցW]φӍ p 3{hեtC  &'Z,&zղ]y߶\,B žX7dqU|um)e 3CudWuAu/^  GT%6M  ""(")"$()c*N+,~.01&2347.8::<=b?@JAxBC&EFsHILLO`P7QQnS%UVWYT[U]]`cddBeEfffgghRiSiTinioik'mGno"q5rEstwQz{y{.}~w[ޅ߅Sԍx1DE&ߧѨ_9sòu )AE)  t>>sfUu++6CEK#wY_?w[~ p  +QK$%( hu !!!"/%]&'(m**+/m12T57F9:;0=+?4@ASDZEFI)L{MNPQ-RTTUSUXZS\]A__`ac'eg[hmj lmoqsuwxNz{||||w Mфp%JmnފǍ͒t.$Oם}ؠtOĭϱ QN͹+޾Y=t`8^5\TU~ D9}@A5VZWW@*f`a=e   N e a w!""#'K(V) *4*5*->//f0w1125567v9w;=A=S=v=w=w?@$BLEH IPJK MMOBQRTBVMVNVEWYZ[[\\]_ab*ccfgghiiiiklnooo(pAp_pwppq-qLqav#w=wZwowwww>xbxxx||}`~DkkN%&ˋM34`Adڑ wRoԘUkmE8+?#ǹOz3w(NNp7Ph/("5TkP">Qu(>    h./ !]"e# %&'z(%)n))5**+ ,,--./,1G2Z3,446+9};8<=>?x@/ABCEEEE;FG HIIJKMNPQQ2RlRRuTVfXY9[/\]^_`befghi llmmpp!s u y\zX{|}}2}3}~ `ȁer aQՍ8 =қU0DzTզ!:Yߪ0aȫ%@fŬ?έjFNKĹ?/%/Ku[PrU 2FZqmn$ J1<nHuN8V-\] ;   fo)&vZE![#$%%'X'(.)m*,,./i0u00 1^129335}556678[9::;/;; <<=k>>Y?y?@B+DAEF.IZJ9LDNNOOOO QRjSUX?Y^YY7Z\ZZf[;_`bcxd5ee&hhiklimoprsCtMuuTvrwxxTyyzzz{){K{w{e}}<3fPͅTrY^HFlǒ:Ж\ tsF_<6FAȷɷ4AhP( )MMXF8| G$ *i>_?9I=R#C "   g{)!!$C&'J)*!++- 013o679;=> @@BBCDEFGHJ}KLLNSNOFPPQRaS3TTTHUUaVWWXXYZ[`>aabfffPghhijklmoprtt-u/vwwxxz{|Q}}~ Մ<CcH]Q8ݐ,WjXߖ;J)qBes!UGv+!D_Agx!޸   b8$)<l |9QQ#F4u'Fl[ Np\>G = W   5  / K M 0   -   W        " x " " ]# # h$ % 0& !' ( 6) 4* * + - +/ c0 1 2 u4 5 <6 6 7 8 : ; < > > c@ A A B gC D BF H !H |J M lN 2O O O O P =P P OQ S xU $W Y )[ &\ d_ A` a ?b f j n jq s s t du rv v 2x x y z 7{ | } ~ k~  " c C D c g nj I | Ԏ 1 ® î خ ٮ ߲ \ o   w x           i        d# l% ( @) 6 7 9 : : : : = uL M OO O tQ BR *V V X Y TY Z [ [ a a a b b _e g h k > 1 q % ^ @ 7 u8 8 : ; < < < < y> 5? ? O@ yF F wG H P Q S S W W W W W Z [ _ 8_ O_ j_ ` T  b y 3   Z mCDcde"9Pe{'=Tg.C[v!9Qj&=Vs2I\v $<Ur.B4Pez{|)*.01HZs$<N|2Jg !D\1Kcz6Pf|(<Nj$AZvG]s(=g1Ie{ $9Qm#=Vl1DEJK_z/DXl$B[`|g}4J^y Re}$?Qe}<Om       5 I _ y        3 I ^ r         0CWn 1E_uUZ[p8!:Tm=Vr  91I]ruvyz ">[p&=Up*AUj'=Qi &<Qk':Pd~ & ? Z m      !!-!B!"2"G"a"x"""""" #$#D#a#~######$$1$J$f${$$$<%O%g%|%%%%%% & &<&R&p&&&&&&&&&&'$'?'(+)F)`)y))))))**4*P*f****+6+M+b+{++++++,,4,K,\,t,,,,,,-+-G-`-a-g-h------.. .&.(.;.W.n.o.t.u......//0/C/X/t///////0000 1)1d1111112)2=2Y2t222222 33;3U3m333333344L4g4h4n4o444444445'595N5d5e5h5i5j5@ABBBBBBBBBECICJCCCCCCCCCC-D0D1DbDeDfDDDDDDDEEEIELEME|EEEEEEEEFF1F2F^F_FFFFFFFF GGG7G;GL?LjLkLLLLLLLLMM MDMHMIMjMnMoMMMMMMMMNN$N(N)NXN\N]NNNNNNNNNNOOO(O,O-ONOROSOOOOOOOPPPKPOPPPPPPPPPPP:Q;QcQdQQQQQQQ)R*R\R]RRRRRRRSSDSESnSoSSSSST T;? m'y0: {0@;A n'y0: {0B;C Xn'y0: {0D;E n'y0: {0F;G n'y0: {0H;I o'y0: {0J;K 8o'y0: {0L;M po'y0: {0N;O o'y0: {0P;Q o'y0: {0R;S p'y0: {0T;U Pp'y0: {0V;W p'y0: {0X;Y p'y0: {0Z;[ p'y0: y0: Lc'{0: y0: y0:  {0: I00 y0: {0: I00y0: {0: I00y0: {0: d'I00y0k;l r'I00y0m;n s'I00K00K00@0H 00{00@06C0@0d %555555555555555@BBBBBEJ  4 : 4>(N@0T\q6 Z .CZZo0ޘ:r/L(ettd4pT&>E(`V8.|j.DLm4>t` #p6TkH>2&%I_/*[,<L tD  8 M u R p t @ \ l { L* M `u 0  6? _ |  J L \ { ~ X ~*l"R;]|L%Tgr"m <)Jlz1Uz@+\Lnt>hVz,Fm Hvh=ix\Gw 3~|Vb|4]PHؠ40q>~^hZ$  T 0   ,$ ) . |3 8 ? C I N PS V ^[ ` d u `| v H < ֋ H  $ Ж   ` Ģ @ ij ( @ Ҿ     "#$&')*+,.0124578:;<>?ABDFHJKLNOPRTUVXY[]^`abdfghjkmnpqrtuwy{|~`begikmptvxz|~    "$&)+-/1357:<>@ACFHJNRW[_dgkosy|: V p >d2n\H2Z:-\Vr& Z3Hbztҹ8.L"Lfn IdCk>"Bgz D T $ j + jW —  @ ` :  &% .T ` * Srք~x  @^Ɯp0L `~Z<^mę \nF~x<~9sBX8s¡R/XȌ>&A^vHLBz^xAjڙ ^6h&Qy)4`>&]<s`޼̾8tB|ljh 8  8  & " :' :+ :0 F4 9 > >D H M R V `[ ` ld Nl { 2} } .  j , , H  ڈ > N ( ԋ t , ܍ N  d h . 8 Ж d 2 ܙ v 8 b 4  Ƣ آ @ D > Ҿ   !%(-/369=@CEGIMQSWZ\_ceilosvxz}acdfhjlnoqrsuwy{}  !#%'(*,.024689;=?BDEGIKLMOPQSTUVXYZ\]^`abcefhijlmnpqrtuvwxz{}~о Sc: !%,05<E!!!!8@(  Z  S  B S  ?Z ScL8tTTTTTTTT¨èTĨŨƨǨTȨɨʨ˨T̨ͨT] ΨTl Ϩl Шk Ѩk ҨTk Өk Ԩj ըj ֨Tj רj بi ٨i ڨTi ۨi ܨh ݨh ިTh ߨh g g Tg g f f Tf f e e Te e d d Td d c c Tc c b b Tb b a a Ta a ` ` T` ` _ _ T_ _ ^ ^ T^ ^ ]  < < l< ,< ;;l;,;::l:,:99l9,988l8,877l7 ,7O  \   f- / 1 51 4 x ky | } / G ` ; V Ĵ Ķ 9 "  2  ;& Z& v& & F/ 0 2 > > I J Q| | | } >} ~} } 2~ ~ ~ -  \ DŽ p ˅   ' % M ] j R n  ݐ  V * ? q    r < b%??@@KRxDxP|D?o<Tc      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~U a   k- / "1 ;1 4 x oy | } 3 M f A \ ɴ ʶ > %  7  A& ^& z& & J/ 0 2 > > I J U| | | } B} } } 7~ ~ ~ 2  ` ̄  v Ѕ  , * R ` n V q  œ  ] 0 E v     y  A g%??@'@QRxHxUHDs@Tc  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~C*urn:schemas-microsoft-com:office:smarttagsmetricconverter 0V0,4 <<0,445 :31 31 :31,0 :31,2 A<1,5 <<1,5 A<10 310 :3100 3100 :31000 3102,3 <<11 311 A<110 3112 312 :3125 313,1 :3130 A<14,5 A<15 315 A<16 :318,2 :32 A<2,5 :320 :3200 3200 :3200 ;200 A<220 :323 :3250 3250 ;263 :3280 :329 A<3 :33 <<3 A<3,0 :33,5 A<30 330 :3300 3300 ;4 34 A<4,0 :34,5 :340 340 <<40 A<410 A<43 347 348 3480 35 :35,5 :350 350 :3500 351 :352 352,8 <<55 :3550 :358 A<6 <<6,5 :360 3600 365 :365 A<70 A<75 38 :38,2 :380 :390 3 ProductIDUU<U=U:U U UMUUFU"U'UGU-U3U7U7U1UU4U?UU,U5UQUU>UJUU5UUIUUAUUU U;UDU0U>UU+U UEUBUKU3UUBU3UUBU.UBU6UBUU U6U UUU+UUUUUU+UUUU2UU UUU$U UTU U UU!U U(UUUU9U&UU#UCUHURUUOU?UNU)UU8UU.UUSU%U*U U UUUUU/UUUU@U6U$UPU UU ULU"%,-./0123456789:;<=>?@ABCDEFGHJMNTU_`del~  !'(45BCEFHINPTUXY`afgr} $%(-78>?FGSUXZ]^`bghuv  ()-.58?@HIKLWX^_cgkmuv$%*+/045<>DENS^_hjqrxz  !'(0189FGIJRS]_ghmnxy&'-.56EFRSUVabrs{|      +.6ALMVWegk !(+:;>?FGKMRSZ[mnst|}        % & , - 2 3 > ? C D J S [ f q r x y } ~       % & 0 1 7 8 < F J K O P V X b c j k q s }         ) * 2 3 ; < A B D I T U \ ] ` a g j y z       # 2 3 > J N O V W ` a d e m n t u y |       ) , ; < A B O P T U \ a g      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~ h v    &'56:;BDHIST_`hiopvw{~  &'68MNPQUV`ahimnuw$%/1>?CDGHLMQRVXabst|})*68=>EFMNYZabhjpryz|}  &.89EHQRXZbdmoyz !#,-/07<FGKLSU]^hiou{|  &'-389CDHITUZ[bistvw|}  "'/2=?DEOPTV[]cdnpsu !"%&,-2389<=DEKLRTXZ]_dfuwyz '(3478<=@AFGKLNOQRZ[gitvxy|}%&9;HIMNYZcdtu~ #$&'/078BCHIMN]^deijuw~  &+,459:ABIJQRWXZ[`aijuv  &'./78BCKMVXefmn|}!"02<=?@GITU]^lmuv  !")*0168=>IJVW]^bdmnvw|}"#%&./89?@DGVW`anovw,8EJKMW`aghs        $ % 4 5 = > J K P Q Y [ _ ` g h m n s t w x !!!!!%!'!6!7!C!J!N!S!Z![!d!f!p!q!}!~!!!!!!!!!!!!!!!!!!!!!!!!!""""""#"$"&"0"=">"J"K"M"N"V"W"_"`"f""""""""""""""""""""""""""""""## # ###"#)#+#,#2#3#:#;#F#G#S#T#V#W#_#`#k#l#q#r#v#x#########################$$$$$$$$+$,$9$:$?$@$H$I$Q$R$X$Z$i$j$p$r$z$|$$$$$$$$$$$$$$$$$$$$$$$$$%%%%%% %!%'%)%1%2%;%>%D%E%G%P%Y%Z%\%]%f%h%s%u%|%}%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%&& & &&&!&"&*&+&3&4&9&:&G&H&W&X&Z&[&c&d&o&p&{&|&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& ' '''#'$'''('.'/'6'7'B'C'S'W'`'a'l'm'w'x'|'}''''''''''''''''''''''''''''''''(((((%(&(-(.(6(8(B(C(E(F(L(Q(V(W(^(_(p(q(t(u(y({((((((((((((((((((((((((((((() ) ) )))))#)$)))*)?)@)G)H)J)K)`)b)g)h)r)s)|)})))))))))))**-*.*5*6*u.v.......33335566J9K9T9U9::::G<H<L<M<j=r=s=|=}===============================>>> >>>>>>>!>">'>(>,>->4>5><>=>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>?????2?3?;?)*,-23:;UVbdwyWXghqrUW[]NORTYZdersyz 44(4)45566 6 666#6$6-6/64656?6@6FFFFFFDKFKJKKKMKNKZK[KfKhKmKnKKKKKKKKKKKKKNNNNNNQQQQ S SSSTTTT-U.U5U6U>?UUUU1245ڳԳdzհհ԰\\\\\\ggggggggggggssssʳtttt?ҲΉӬىډύэ֍׍ՠ ڠՠܠŷǷҷӷ45<>hilm   #HMNQXZ[cdmtuv~XY\]<=EFmrvwxy')./56CDpqy{89;<&*12H J U V     TU_`""# ###3#4#6#7#A+B+L+M+IIII!J"J(J)JYJZJ[J]J+M,M0M3M5M6MCMDMN O O O O OOOOOOOOO!O"O.Q^QaQcQhQjQoQpQjjjjrsssxxxxxxxxxxxxxx %'./żƼ̼μ-/45efmn)*23DEPQ./45=>Z[]^de" """""""'")"."/"++++....:0;0D0E0YGZG\G]GggggggSiTiWiYi^i_idieimioitiui  BCJK  #%)*TTTTUUUUUU||||||||||||||||||}}23>?ceij%JMOTUWXabln}~tu|}ȝɝΝϝԝ  lnst!#&'չֹ޹߹ !)*XZ_`bclmrs}QRXY!"./23;<')45XYefmntu~&&&& ********"*#*(*)*3*5*?*@*,,,,,,44446484?4@4G4H4==== =!="=#=$='=)=*=1=3=8=:=@=A=H=I=Q=S=V=X=_=`=b=c=j=k=u=w=~==KKKKBVDVGVIVLVNVTVUVkglgrgsgggggiiiiiikkkkLnMnSnTnnnnnoooopzqzrzsz|z}zzz$&()!")*24;<y{]_gi@AIJNO^_deĩũǩȩ@BFH<=?@vwĭƭͭέ֭׭ݭޭ]_fgVW[\ FGKMMNVXöĶ÷ŷͷηԷַ۷ܷ$%GIQRnostz{VWXY[\$%)*ijqrjkvw  EFOP ST_`hi`almtughjkghjk  !02:;CDjlqr)*?@BCQRSU02:;./57ABLMTU\]deghsux y             $%-/34u v { | ++++++8888==>>`>a>j>l>>>>>>>JELEOEQEVEWExRyRRRRRmVoVwVxVVV\\\\hhhhhhi iiiiittttJyKySyTyyyyyzzzzzzg{h{y{z{||#|%|T|U|[|\|}}}}}}}}}"}#}$})}+}1}3}uwz{}~HJQS\]CDLM]_efhixz~śƛ  ­í̭έJKRS*+-.ڱ۱%&NOTU13;<EG,-12!"NPUVqsxy{|=>CDMN ")*!")*56 egpq`blmopuv~  ! " u v | }   TUWY  !")+,-02GHWX^_WX[\#%12J K R S '''',,,,//// 2 22222s2t2v2w24444 4 4!4"48494[4\4`4a44444i7j7u7v7888 89999>>>>>>gDhDwDxD~DDEEEEEF F FGGGGvHwH}H~HHHHH+N,N2N3NBNCNOOOOOOOOXXXXaaaaddddiiiiiimm#m%moooorrrrssNsOsXsYsascsjsksDuEuKuMuxxxx{{{{{{||78?@yz79=>ˆuv{| ֏ُڏۏŒƒߔ)*67Υϥӥԥ67;<rtz{Ƿɷзѷ$&MNST   #+,()3141=1>18888DDDDDDEEEEEEEEEEFFFFFF*+/067ffffffffff ? d e n o q r | ~   ( * œ ǜ Ȝ b c h i m n    , - 1 2 ɥ ʥ Υ Х ӥ ԥ Ĩ Ũ ʨ ˨ ܪ ݪ ; < @ A Ʈ Ȯ Ю Ү ֮ ٮ W X ` b W X Z [ a b p q z {    ޾ ߾     ^ _ c d   U V a b l n r s ] ^ f g = ? @ A 3 4 = ? O P R S | }   ) * 4 5 a c h i n o   ( ) 8 : X Z b c w x { } H I X Y ] ^                                   2 3 = > D E                                   & ( + ,     1 2 5 7 r s { |       Q R T U ! ! ! ! ! ! g" h" o" p" # # # # ( ( ( ( $( %( G( I( Q( R( ) ) ) ) + + + + 6 6 6 6 : : : : : : : : : : : : : : : : f; h; s; t; ; ; ; ; _< `< b< c< < < < < < < > > %> &> > > > > B B B B ;G @ ԕ ֕ h j l m   > @ E G ϛ ћ ڛ ۛ F G M N q r u w } ~ Q R T U 9 : ? @ F G I J º ú    & ' " # ( )  ! ' ( ( ) 0 1 B C E F ! " ( * U W ] ^ 4 5 6 7     * 1 @ A D E    H I L M - . 7 9 ] ^ c d     , - P Q S T 0 1 3 4 E F L M       " # ( ) 3 4          N O U V > ? B C             : ; A B V W ] ^                 ! " ) + $ $ $ $ $ $ w% x% % % % % % % ( ( ( ( A) B) M) N) F0 G0 O0 P0 0 0 0 0 8 8 8 8 < < < < = = = = ;= <= K= M= > > > > ? ? ? ? @ @ @ @ E E E E {G |G G G pH qH wH xH H I I I O O O O P P P P P P R R R R S S S S S S W W W W W W W W W W W W W W W W W W W W W W W W X X X X X X (X )X /X 0X 2X 3X 9X :X AX BX NX PX VX WX ]X ^X gX hX pX qX sX tX zX {X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X X Y Y Y Y Y Y Y Y Y Y Y Y Z Z Z Z _ _ _ _ l l l l )m *m 4m 5m o o o o p p p p p p p p p p p p p p p p p p p p q q q q r r r r s s s s s s Os Qs Ys Zs t t t t @t At Jt Kt Xt Yt `t at t t u u xw zw w w w w w w w w w w ~ ~ ~ ~   ( ) ڀ ۀ : < D E Ŋ Ɗ ˊ ̊   * + S T \ ^ ٦ ڦ ݧ ާ   $ % F G I J ~  ú ĺ ̺ κ z { / 0 4 5 < >       ! $ % ' ( , - 2 3 ; < > ? R S _ ` i j m n x z Y Z \ ] ! " % & y z { |         m n t u _ a j k ' ( + - = > C D I J     @ A H I > A B C D E F G H I J N P R T U w x             ! ! ! ! ! ! ! ! ! ! ! ! " " " " 7# 8# @# A# # # # # 4 4 4 4 Z9 \9 `9 a9 n9 o9 q9 r9 y9 z9 9 9 9 9 >Y ?Y GY HY 6^ 7^ 9^ :^ rd sd ud vd ?j @j Cj Ej Ij Jj Sj Tj Vj Wj cj ej gj hj ; = @ A n p | } m o t u Ј ҈ ߈ P Q W X ` a A B F G Ë Nj ȋ ͋ ΋   > ? E G  č ƍ Ǎ ԍ Ս ߍ 0 1 9 :   ' (   T U Z [ Ц Ѧ ۦ ܦ I J O P     ½   h i o q             % & W X e f   " ' ( . 0 5 6 B D L N X Z \ ] h i l n T U Z [ X Y [ \ X Y g h u v ~        b d k l          6 6 6 6 6 6 7 7 7 7 : : : : : : : : : : : : : : ; ; ? ? @ @ *@ +@ 8@ 9@ C@ D@ A A A A A A A A B B B B B B B B B B B B C C C C C C C C C C C (C )C *C +C ,C nC pC sC tC C C C C C C C C C C C C C C C C jE lE yE zE 7F 9F =F >F FF GF S S S S ?T @T LT MT U U U U V V V V V V V V Va Wa \a ]a h h h h j j j j k k k k !l "l $l %l s s s s s s s s s s s s s s Hu Iu Qu Ru Xu Yu 2x 3x 8x 9x /z 1z 5z 6z iz kz rz sz љ ҙ י ؙ    = > G H % 1 2 3 4 5 6 7 8 9 : < = > C D F G Ұ Ӱ ذ ٰ    ~  C E I J P Q ] ^ g i q r u v   $ % . / V W d e k l H I O P     R S [ \       " #         <=FGcepqT!U!\!]!!!!!))) )%)&)0)2)<)=)4444447777 7!788888888::::|B~BBBIIIIJJJJJJJJJJJJJJSSSS&T'T)T*T_T`TeTfTmTnTuVvV|V~VVVWWWWYYYYBcDcHcIcQcRcWcXcbcdchciczzzzzzzzzzzzzz+{,{4{5{W{X{\{]{c{d{{{{{bcikڄ܄:;EG8:?@89=>ޜߜݝܝԝٟ§˧̧ѧҧקا%&()޸ƽȽ̽νҽӽ")/5<=BCFRVacdklvw{|"#*+5AFHNPUVZprs&'./68BJRS[\hlrsxy~  %*+23:ELMTU]^abijst{|ikvwyz (*45 ()+,4RSUVmrs}%&*+34:<ABKLQSacikr~ &'8CEFLMST]^fgnpuv~    %&12:;Aesu !"'(89;<OPRSdegiz{}~&'<=DESTfglm-.23BCHIZ[bcuv+,23BCIJ[\bcstz{  .023CIJL\]no  "#$8:;<PRSTijop%&-.<>?@UWXYrsxy!"12HI[\fguv{|  #%&(;=>@TVWXqstu-.ABEFUVghmn~  #$34DEOPdey(./167GHY[\]mortuv#$;<MOPQacde{}~'(1289IJTUfglm~     "#$CEFG[]^_rs 0178JKQRbchiyz  $%56;<OPTUefjk{|'(+,;<MNQRijno#&'(@CDEYZ`akluv{| "#67IJ\]abvwyz"#()24FHIK\^_artuw'(<=BCMNfhij0234HJKLdeghz{}~   #$&'89PQSTlnop"#)*<=CDUVZ[kl~ 01CHIK^_hiyz  ./23CDWX[\kluv#$,-ABJKZ[cdrs*+/0FGKL_`ij{|  ,-23BCVW\]kl}~  12FGKLabfgyz  /457MNSTacfglm|}/134IJ]^dexy  %&,-<=CDSTXYhjkl&'9:?@QRdexz|}  $%:;ABQRabnpqr#$./>?"#49:<NO[\lm      * + 4 5 C D V W ^ _ o p y z                           + , ? @ E F V W j k p q                         # $ 4 5 H I ^ _ f g x y                         2 3 8 9 H I N O ] ^ q r                     ' ( 3 4 8 9 @ A O P T U k l p q                   /0BCVWZ[mnqr  01DEJK^_tu+,12BCSXY[op!79:;QRijop#%34<=PQVWgh|}    "#$9;<=SUVWlnop<=UV]^ikqryz   +,89NO`aghwx}~$%-.<=BCRSefyz*,01BCUWZ[kl|}"#0156HI\]_`qwxz  !"+,=>%&,-<=CDTU[\opvw)*12@ATUij~./@ARS^_ntuw&',-<=PQVWcehilm  %&;<PQYZjkst&'9:OPcdijxz}~    % & . / > ? D E Y Z l m                   !!!!,!-!1!2!A!B!L!M![!\!f!g!q!r!w!x!!!!!!!!!!!!!!!!!!!"""""")"+"-"/"1"3"4"5"F"H"I"J"`"b"c"d"w"y"z"{""""""""""""""""""""" # # # ###%#&#'#;#=#?#A#C#E#F#G#`#b#c#d#q#r#}#~###################$$$$$$$$0$1$I$J$S$T$e$f$v$x$z${$$$$$$$$$$$$$$$$$$$$$$$%%"%#%+%,%;%<%N%O%W%X%f%g%{%|%%%%%%%%%%%%%%%%%%%%%%%& &&&& &%&&&;&=&>&?&Q&S&T&U&j&l&o&q&r&s&&&&&&&&&&&&&&&&&&&&&''#'$'+','>'?'C'D'H'I'X'Y'^'_'p'q'x'y'''''''''''''''''''''(( ( ( (!(&('()(*(;(<(B(C(S(T(h(i({(|((((((((((((((((((((((())))&)()*)+)2)3)E)F)M)N)_)`)e)f)x)y)))))))))))))))))))))))** ****3*4*;*<*O*P*U*V*e*f*m*n*~********************+ +++#+$+5+6+;+<+L+M+P+Q+a+b+z+{+++++++++++++++++,, ,,,,",#,.,0,3,4,7,8,J,K,[,\,`,a,s,t,x,y,,,,,,,,,,,,,,,,,,,,,,,------*-,---.-A-C-F-H-I-J-_-e-f-h-------------------... ..$.%.(.:.;.?.@.V.W.[.\.m.r.s.u................./// /////0/B/C/W/X/j/l/n/p/s/t/u/v///////////////////////// 0000#0$0%0&08090:0;0N0P0R0S0d0e0s0t0000000000000000000000000 1 111(1)11121F1G1O1P1^1`1c1d1q1r1111111111111111111222222(2)2<2=2G2H2X2Z2[2\2s2u2v2w2222222222222222222222222 3 333%3&3:3<3=3>333333333333333333333333333333333333333444444$4%41444444444444444444444444444444455&5'5859555555555555555555555555555566666667(7*7?7738=8>8888888888888888888888888888899999999"9#9*9+90919;9<9P9R9V9k9n9s9z9{99999999999999999999:: ::::;";3;4;;;;====V>>>>>??????29;ϰհݰᰪ찪ǰ簪ܰɰ@@@@!(ܴ崡AAAAAAAAAAAAAӮAAA!#23;F?FYF[F]F_FbFdFzF|F~FFFFFFFFFFFFFFFFFFFFFFFFFFG GGGGGGG3G7G:GI@ICIEIJIKIMIOIVIXI]I^IxIzI}IIIIIIIIIIIIIIIIIIIIIIIIIIJJJ J#J%J*J,J3J4JNJOJRJTJYJZJ^J_J{J|JJJJJJJJJJJJJJJJJJJJJJJJJJKKKK KKK-K.K1K3K6K8KBKCK]K`KcKeKhKjKrKsKKKKKKKKKKKKKKKKKKKKKKKKKLLLLLL L!L7L:L=L?LDLELGLILPLQLdLfLiLkLnLpLxLyLLLLLLLLLLLLLLLLLLLLLLLLLLLLMMM M#M%M-M.MAMDMGMIMLMNMfMjMmMoMtMuMxMzM}M~MMMMMMMMMMMMMMMMMMMNNNN NN#N$N'N)N,N.N9N:NHNINWNXN[N]NgNhNjNkNNNNNNNNNNNNNNNNNNNNNNNNNNOOO O O'O(O+O-O1O3OKONOQOSOXOYO]O_OfOgOOOOOOOOOOOOOOOOOOOOOOOOOOOPPPP P"P&P'PHPKPNPPPSPUPWPXP~PPPPPPPPPPPPPPPPPPPPPP3Q6Q9Q;Q>Q@QGQHQ^Q_QbQdQgQjQnQoQ{QQQQQQQQQQQQQQQQQQQQQQR"R%R(R*R.R0R6R7RVRXR[R]RaRcRjRkRRRRRRRRRRRRRRRRRRRRRRRRRSSSSS!S+S,S>S@SCSESISKSVSWSiSjSmSoSsSuS~SSSSSSSSSSSSSSSSSSTTT TTT T!T6T8T;T=THTITZT[TfTrTtTwTyT~TTTTTTTTTTTTTTTTTTTTTTUU U UU-U.UJUNUQU]UfUhUoUpU{U|UUUUUUUJVKVTVUVVVVVWWWWWWWWWWXX XXXXRXSX^X_XYYYY[[[[[[[[\\\\]]]]W]X]b]d]g]h]]]]]]]]]____R_S_]_^_``````````````aa aaaaaa*a,a7aAaXaYaaabadaeapaqawaxa}aaaaaaaaaaaaaaaaaaaaabb b bbbbb!b"b*b,b3b4b6b7b8b9b;b2@3C3,4/4>>>>WHZHVV\\]]]^`^(`+`ffvgygmmnntt'u(u"ϚӚSW !%!HJy|JL?B@B"D%D_HaH OO``bbbbeeffppqq rrr rIJ)*z|VZJN qt`aRUPT    U X   >A} moi&j&44_:c:::==>>bAfABB/D3DFGGGIIJJ3W7WY\\\o_r_Ya\a g gJjNjwj{jk&mxxoyyR}T}ڀ܀koԍ؍АԐ!GKƞʞnpNS%) 9<!tx%(jnhk+._b!|()!WZcf    or?B""##}$$(()),,,,J2M2%4'477;;<<L>O>@@CC GG9K;KjLmLN NBODOyP{PQQwRyR8S9S~YYYYbbddeeagpg}ii)k,kllllpnsnppQrTrfrgraudu w#w_ycyyyzz{{}ǗʗåZ[w$%JM(+*.FJ/3fjmp13!%  --= =DDEqGKKnLrLUU9X;XXX[[\\bbjjnoyypzrzM~Q~î v~MN}~ 26no!!++//h1j177>>BB OOvx}}ђ͖Ζjl՗֗9:PQWXop GH]_a*. ڽ޽gkIKnqEF1 122==EJHJMMZZa add j jll.r0rss()͋ϋY\adCE/1BCnov#{#((`5b5E=H=OOQQSSUUUUVVWWT[0]eeeell{{BFW[9=DGkrĺź02ln -0        f h " " # # ]B _B fG iG G G H H H H H H M M lN oN &O (O 7O :O O O =P @P R R 9V ? L M 4 5 H ` d j l   l n   Z \     ' * ! $   _ b   f# h# # # i$ k$ % % % % i& k& 2 4 : : = = ? ? D D E F nF qF G G >H AH I I #X %X X X f f h h 4j 7j u u . 3 g l H M L Q j m    ^ ` u w * ,       l p E F     ` c n r W! Y! u y  ٕ ە    ® Į ű y { & ' z ~   F  - .  < ? / 2      *   g j o! p! H& K& C8 E8 B B G G S S T T PW TW W W vX zX ^Y bY Z Z \ \ ] ] _ _ a a Sb Wb {f f }g g Jh Nh h h j j p p t t v v Ԋ ׊ J M u x 5 6 ) + 5 8 - / ~ A [ _ 5 9 k p ` a   c e + - + / O T Z  $ '   r$v$)),,--00BB>+/˥Υʨ< @A!16wxtu$$////////90:066M6O666J8L8H9J999;;>>AANN5Z8Z ] ]X]n_``aa cOcTc-~} 8?li:):AA ^y 5/6QRggs t̍MiǑIjAWuǷ1\4X+h=[r)6ao*Q2""@(()?t?*@@ OO.QjQUUxx ']yμ")"ggTioi߅6 bs%%n#ULn&&A=w=DVNV[\iivw&7h7u/M(z((%)S)n)*5*U,, 1,12G23Z3h ir"QmDEYߪȫ%@fŬ.j@2Zn]//i0u055;/;NDNOO\ZZhhiixxzK{`׏؏ǒĔbɷO>ffWjBe+D_g $Fp   H "H D g nj Ԏ C ˪ a  } x &        ( B B ` a a b d e gf f p Gp a  _ r  1 : _   v% % [ .[ s Qs ظ κ E M A R   ! Q R ^ W^ @j ej F b   6 n     ; ( d   : : @ G@ 1 > r , d  F ? i w  ;e8)2)JJ=cdc}<kҜ νdgIez|.1swg2H|R|}9  nX=a"y"##%%&&((,,+-e-;.r./0///00h4o49p9::=>pAAAABBBBFCCCfDDEEFFFFGGHRHHHH II@IEIzI%JJJJJJ?LfLkLLoMMMMSOOOOOPP6QQQQ%RSS=TtTTNU]U``aaa,bYbybbc cOcTcaa cOcTc9P"#RGPj0OU5' T " ^$ J+]O]div}ԮaE3[Fl(f@70ܙ.h Zk9]I!'6Du)Dy?9,m3^-ےk@0}!5 DSm5c`E5L^-B6H#K7&s<}9F&R61:^ ;}rr<,~D=sh4>"E 4}@8E@W^4sJ~i4JMrd*OlFzQ>evQ QzQ>>^&a1TPWkXH $I7YrCY< oo`ZB3G,\:``\t]\`qLc4sscvbfbGjh #k°4UOrͨdtxxS0u^~4]v|쬜@Dx jxJBjzv--^-`o(.^`. L ^ `L.  ^ `.mm^m`.=L=^=`L.  ^ `.^`.L^`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.TT^T`o()$$^$`. L ^ `L.  ^ `.^`.dLd^d`L.44^4`.^`.L^`L.TT^T`o(.$$^$`. L ^ `L.  ^ `.^`.dLd^d`L.44^4`.^`.L^`L. TT^T`OJPJQJ^Jo(- $$^$`OJQJo(o   ^ `OJQJo(   ^ `OJQJo( ^`OJQJo(o dd^d`OJQJo( 44^4`OJQJo( ^`OJQJo(o ^`OJQJo(^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`OJPJQJ^Jo(- ^`OJQJo(o pp^p`OJQJo( @ @ ^@ `OJQJo( ^`OJQJo(o ^`OJQJo( ^`OJQJo( ^`OJQJo(o PP^P`OJQJo(TT^T`o(.$$^$`. L ^ `L.  ^ `.^`.dLd^d`L.44^4`.^`.L^`L.TT^T`o(.$$^$`. L ^ `L.  ^ `.^`.dLd^d`L.44^4`.^`.L^`L.^`OJPJQJ^Jo(- ^`OJQJo(o pp^p`OJQJo( @ @ ^@ `OJQJo( ^`OJQJo(o ^`OJQJo( ^`OJQJo( ^`OJQJo(o PP^P`OJQJo(^`o(.0^`0o(..0^`0o(...ii^i`o(.... `^``o( ..... `^``o( ...... 9 9 ^9 `o(....... 9 9 ^9 `o(........   ^ `o(.........^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`OJPJQJ^Jo(- ^`OJQJo(o pp^p`OJQJo( @ @ ^@ `OJQJo( ^`OJQJo(o ^`OJQJo( ^`OJQJo( ^`OJQJo(o PP^P`OJQJo(^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`OJPJQJ^Jo(- ^`OJQJo(o pp^p`OJQJo( @ @ ^@ `OJQJo( ^`OJQJo(o ^`OJQJo( ^`OJQJo( ^`OJQJo(o PP^P`OJQJo(^`o()^`o()pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.808^8`0o(..^`o(...^`o(.... `^``o( ..... pp^p`o( ......   ^ `o(.......   ^ `o(........ @ (@ ^@ `(o(.........$$^$`o(. $$^$`hH.  L ^ `LhH.   ^ `hH. ^`hH. dLd^d`LhH. 44^4`hH. ^`hH. L^`LhH.^`OJPJQJ^Jo(- ^`OJQJo(o pp^p`OJQJo( @ @ ^@ `OJQJo( ^`OJQJo(o ^`OJQJo( ^`OJQJo( ^`OJQJo(o PP^P`OJQJo(--^-`o(.^`. L ^ `L.  ^ `.mm^m`.=L=^=`L.  ^ `.^`.L^`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.d^`OJPJQJ^Jo(-pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L. >^`>5o(.0^`05o(..88^8`5o(...88^8`5o(.... `^``5o( ..... ^`5o( ...... pp^p`5o(....... pp^p`5o(........  ( ^ `(5o(.........k^`ko(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.TT^T`o(.$$^$`. L ^ `L.  ^ `.^`.dLd^d`L.44^4`.^`.L^`L.,,^,`o()^`. L ^ `L.  ^ `.ll^l`.<L<^<`L.  ^ `.^`.L^`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`OJPJQJ^Jo(- ^`OJQJo(o pp^p`OJQJo( @ @ ^@ `OJQJo( ^`OJQJo(o ^`OJQJo( ^`OJQJo( ^`OJQJo(o PP^P`OJQJo(^`OJPJQJ^Jo(- ^`OJQJo(o pp^p`OJQJo( @ @ ^@ `OJQJo( ^`OJQJo(o ^`OJQJo( ^`OJQJo( ^`OJQJo(o PP^P`OJQJo(TT^T`o(.$$^$`. L ^ `L.  ^ `.^`.dLd^d`L.44^4`.^`.L^`L.*>*^*`>o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.)?)^)`?o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.TT^T`o(. $$^$`hH.  L ^ `LhH.   ^ `hH. ^`hH. dLd^d`LhH. 44^4`hH. ^`hH. L^`LhH.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.TT^T`o(.$$^$`. L ^ `L.  ^ `.^`.dLd^d`L.44^4`.^`.L^`L.^`o(.^`OJPJQJ^Jo(-pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.TT^T`o(.$0$^$`0o(..  ^ `o(...\ \ ^\ `o(.... ,`,^,``o( ..... ^`o( ...... ^`o(....... 44^4`o(........ (^`(o(.........TT^T`o(.$$^$`. L ^ `L.  ^ `.^`.dLd^d`L.44^4`.^`.L^`L.z^`zo(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`OJPJQJ^Jo(- ^`OJQJo(o pp^p`OJQJo( @ @ ^@ `OJQJo( ^`OJQJo(o ^`OJQJo( ^`OJQJo( ^`OJQJo(o PP^P`OJQJo(^`o(.^`.pLp^p`L.@ @ ^@ `. 0 < H T`hpx 1TeraneNormalADiu530Microsoft Office Word@r\@J@尐@LJK" ՜.+,0 hp|  A0['  1    F Microsoft Office Word MSWordDocWord.Document.89q^`.L^`L.^`.^`.PLP^P`L.^`5o(.808^8`05o(.808^8`05o(..^`5o(... `^``5o( .... pp^p`5o( ..... pp^p`5o( ......   ^ `5o(....... @ (@ ^@ `(5o(........^`OJPJQJ^Jo(- ^`OJQJo(o pp^p`OJQJo( @ @ ^@ `OJQJo( ^`OJQJo(o ^`OJQJo( ^`OJQJo( ^`OJQJo(o PP^P`OJQJo(^`o(.^`OJPJQJ^J.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L. \ ^ `\o(.808^8`0o(..^`o(...^`o(.... `^``o( ..... pp^p`o( ......   ^ `o(.......   ^ `o(........ @ (@ ^@ `(o(.........^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.9Q@Dxh 61:Du)zQ?9,vQCY`bGj ;WkXk@0U5' 4}@]vFljza1T#R#kD=Lc]I!'x" ]OsJK7rr<DSm5@S0uUOr3^-$ 4JMsscI7YaE3-B6*Ovbf<}9o`Z\`!5G,\E570idt4>99 P$ZVl`b,FTLU@oT#YN<6K*|pJBozD8ZpX(V86PДA9PN1e<+nBIj&OR^ʀ(0\<Pީ|p ?Kfe6OY'61rBC/z:LM(TYXxR3=q uW  ? x ]{ J9 q SjujMU9/nY^MY`fa.~Rqbl<iyzmJITz}:vwxBo9v$9>n3vwy!"!$!kI!V!e!"1m" ##G#O$U$\$E"%4%nD%$ &(Q(y()9)Vq)"*R*;+e+,v\,4e,in,-c-a ..P.a/61&U126_2p2b}2dD4 5P5&m5656T6Y7l7>7L984<8s8pX9:8:9:va:+i:jE;J<c=! >>F ?-?D?IJ? AbQAWA!B>]B89CCC/DB=DGD6Eb\EDFPF)hFAGu G GxwG%x#eUt,% IQ |!|+4@K1.fbK2p 2+[>FNTgoVL;PTUA)NW _*S;^9^Ebc}x7E|<dp9[cVBK^Zst NP+p=!RU_rdaSTT('u*F@b= z,{JrQ0+QoH p<<oT2LCMNip z*2IfS-MDt6 5EnYY}&qBEsu{*!C#{at7C`}|}R$ /$5KV`@{}8~z~k>l_U1e & 8@TK@Q\nsW|CHI/RiHKd q+,-//g4h445AAABBBBBBBBBBBBECICJCCCCCCCCCC-D0D1DbDeDfDDDDDDDEEEIELEME|EEEEEEEEEFFF.F1F2F[F^F_F|FFFFFFFFF GGG7G;GL?LfLjLkLLLLLLLLLLMM MDMHMIMjMnMoMMMMMMMMNN$N(N)NXN\N]NNNNNNNNNNOOO(O,O-ONOROSOOOOOOOOOOPPPKPOPPPPPPPPPPPP5Q:Q;Q_QcQdQQQQQQQQQQ%R)R*RXR\R]RRRRRRRRRRSSS@SDSESjSnSoSSSSSSSTT T8T