sou · GOB3142d2 · 2001-01-01 00:00:00 — 8WELOGQLQJVSODQ I|U 0LOM|EDONVXWELOGQLQJHQ 7LOO 5HJHULQJHQ0LOM|GHSDUWHPHQWHW .RPPLWWpQ I|U XWELOGQLQJ DY PLOM|EDONHQ LQI|U LNUDIWWUlGDQGHW E|UMDGH VLWW DUEHWH YLG nUVVNLIWHW .RPPLWWpQ KDU WDJLW VLJ QDPQHW 0LOM|EDONV XWELOGQLQJHQ RFK KLWWLOOV KDIW IHP VDPPDQWUlGHQ 'HQ QX I|UHOLJJDQGH XWELOGQLQJVSODQHQ lU GHQ |YHUJULSDQGH SODQ VRP UHJHULQJHQ EHJlUW DWW In UHGRYLVDG VRP GHW I|UVWD VWHJHW L NRPPLWWpQV DUEHWH 'HQQD UHGRYLV QLQJ HUVlWWHU GHQ WLGLJDUH |YHUOlPQDGH XWELOGQLQJVSODQHQ IUnQ GHQ *|VWD %OFKHU *|UDQ (NEODG 0LOM|EDONVXWELOGQLQJHQ RFK GHVV .RPPLWWpQ KDU I|OMDQGH OHGDP|WHU *|VWD %OFKHU ,QGXVWULI|UEXQGHW /LVEHW )DOO /lQVVW\UHOVHQ L 'DODUQDV OlQ RFK H[SHUWHU .HUVWLQ &HGHUO|I $QQ 6RILH (ULNVVRQ 3lU $QGHUVVRQ .RPPXQI|UEXQGHW XQGHU WLOOVlWWQLQJ ,QGXVWULI|UEXQGHW XQGHU WLOOVlWWQLQJ *|UDQ (NEODG 0LD -DPHVRQ $QQ &KULVWLQ 6XQGEHUJ +XYXGVHNUHWHUDUH RFK SURMHNWOHGDUH 6HNUHWHUDUH XQGHU WLOOVlWWQLQJ $VVLVWHQW KDOYWLG .RPPLWWpQV XSSGUDJ IUDPJnU DY UHJHULQJHQV GLUHNWLY L ELODJD .RP PLWWpQ VND L VDPDUEHWH PHG EHU|UGD P\QGLJKHWHU RFK RUJDQLVDWLRQHU œNDUWOlJJD YLOND VRP EHU|UV DY PLOM|EDONHQ RFK JUXSSHUD GHVVD |EDONHQ œDQDO\VHUD EHKRYHW DY XWELOGQLQJ KRV ROLND PnOJUXSSHU œNDUWOlJJD RFK XWYlUGHUD ROLND XWELOGQLQJVYlJDU RFK XWELOGQLQJVPHWRGHU œXWDUEHWD HQ |YHUJULSDQGH SODQ I|U JHQRPI|UDQGHW DY XWELOGQLQJHQ I|U ROLND PnOJUXSSHU œXWDUEHWD HQ VWUDWHJL I|U KXU PLOM|EDONHQ VND WLOOlPSDV I|U DWW Qn GH IDVWODJGD PLOM|PnOHQ œDQVYDUD I|U DWW XWELOGQLQJVPDWHULDO WDV IUDP I|U ROLND XWELOGQLQJV PHWRGHU RFK I|U ROLND PnOJUXSSHU œLQLWLHUD UHNU\WHULQJ RFK XWELOGQLQJ DY LQIRUPDW|UHU I|U ROLND PnO JUXSSHU œYHUND I|U DWW NXQVNDSVEDVHU E\JJV XSS œYHUND I|U DWW QlWYHUN I|U LQIRUPDWLRQ VNDSDV œVNDSD I|UXWVlWWQLQJDU I|U VDPUnG RFK HUIDUHQKHWVXWE\WH PHOODQ GHP VRP JHQRPI|U XWELOGQLQJHQ œOlPQD I|UVODJ WLOO I|UElWWULQJDU DY XWELOGQLQJVLQVDWVHUQD HIWHU YDG VRP IUDPNRPPHU YLG XWYlUGHULQJHQ .RPPLWWpQV PnO I|U XWELOGQLQJHQ .RPPLWWpQ KDU HIWHU GLVNXVVLRQ NRPPLW IUDP WLOO DWW KXYXGPnOHQ I|U 0LOM|EDONVXWELOGQLQJHQV YHUNVDPKHW lU DWW JHQRP HQ VDPPDQKnOOHQ XWELOGQLQJ JH DOOD DNW|UHU HQ JHPHQVDP UDP I|U WLOOlPSQLQJHQ DY PLOM|EDONHQ DWW XWELOGD DOOD LQRP NRPPXQHU OlQVVW\UHOVHU RFK VWDWOLJD YHUN VRP VND DUEHWD PHG PLOM|EDONHQ VDPW DWW JH I|UXWVlWWQLQJDU I|U XWELOGQLQJ DY GH LQRP QlULQJVOLY RFK LQWUHVVH RUJDQLVDWLRQHU VRP L VLQ YHUNVDPKHW VND WD KlQV\Q WLOO PLOM|EDONHQV I|UH VNULIWHU 3n JUXQG DY DOOW I|U NQDSSD UHVXUVHU KDU NRPPLWWpQ WLOOV YLGDUH WYLQJDWV YlOMD ERUW LQIRUPDWLRQ VSHFLHOOW ULNWDG WLOO DOOPlQKHWHQ 8WELOGQLQJHQV RPIDWWQLQJ RFK XSSOlJJQLQJ 8QGHUODJHW I|U XWELOGQLQJHQ XWJ|UV DY I|OMDQGH GHODU DY PLOM|EDONVDUEHWHW œ3URSRVLWLRQHQ RP PLOM|EDONHQ VDPW XWVNRWWVXWOnWDQGH RFK ULNVGDJV EHVOXW œ3URSRVLWLRQHQ RP I|OMGODJVWLIWQLQJHQ VDPW XWVNRWWVXWOnWDQGH RFK ULNVGDJVEHVOXW œ5HJHULQJHQV I|URUGQLQJDU WLOO ODJVWLIWQLQJHQ œ0\QGLJKHWHUQDV I|UHVNULIWHU œ5HJHULQJHQV SURSRVLWLRQ RP PLOM|PnO P P (Q NXUVSODQ UHGRYLVDV Sn VLGDQ *UXQGNXUV 'HQ W\QJVWD GHOHQ DY XWELOGQLQJHQ OLJJHU Sn HQ GDJDUV JUXQGNXUV VRP RPIDWWDU KHOD PLOM|EDONHQ $YVLNWHQ PHG NXUVHQ lU DWW DOOD KDQGOlJJDUH VRP VND WLOOlPSD PLOM|EDONHQ LQRP GHQ RIIHQWOLJD RFK SULYDWD VHNWRUQ VND In HQ JHPHQVDP NXQVNDS RP EDONHQV XSSE\JJQDG RFK JHQHUHOOD UHJOHU 'H WUH GDJDUQD L JUXQGNXUVHQ GLVSRQHUDV SUHOLPLQlUW HQOLJW I|OMDQGH 'DJ 0LOM|EDONHQV PnO KlQV\QVUHJOHUQD KXVKnOOQLQJVUHJOHUQD 'DJ 0LOM|EDONHQV SURFHVVUHJOHU |YHUJnQJVEHVWlPPHOVHUQD 'DJ 6DNIUnJRUQD .RPPLWWpQ WDU RFNVn IUDP HQ NRUWYHUVLRQ DY JUXQGNXUVHQ Sn HQ GDJ I|U GHP VRP E|U KD |YHUVLNWOLJ NlQQHGRP RP PLOM|EDONHQ W H[ NRP PXQDOSROLWLNHU RFK FKHIHU LQRP LQGXVWULQ 7UH I|UGMXSQLQJVNXUVHU *UXQGNXUVHQ I|OMV DY WUH GDJDUV I|UGMXSQLQJVNXUVHU PHG VlUVNLOG LQ ULNWQLQJ Sn GH WUDGLWLRQHOOD NRPSHWHQVRPUnGHQD .XUVHUQDV XSSOlJJ QLQJ I|UXWVlWWHU DWW GHOWDJDUQD KDU JHQRPJnWW JUXQGXWELOGQLQJHQ Sn WUH GDJDU 'H WUH NXUVHUQD KDU I|OMDQGH LQQHKnOO $3ODQHULQJ RFK QDWXUUHVXUVHU .XUVHQ VND EHKDQGOD IUnJDQ RP KXU EDONHQ E|U DQYlQGDV L GHQ I\VLVND %1DWXU RFK NXOWXU 0HG VlUVNLOG LQULNWQLQJ PRW QDWXUYnUG RPUnGHVVN\GG I|URUHQDGH RPUnGHQ YDWWHQ YHUNVDPKHW MRUGEUXN RFK WlNWHU &0LOM| RFK KlOVD 0HG VlUVNLOG LQULNWQLQJ PRW PLOM| IDUOLJ YHUNVDPKHW KlOVRVN\GG NHPLVND SURGXNWHU RFK DYIDOO 6OXWOLJHQ I|UEHUHGV HQ GDJV IRUWVlWWQLQJVNXUV VRP EHKDQGODU SU|Y QLQJVI|UIDUDQGHW YLG |YHUNODJDQGH RFK VDQNWLRQVV\VWHPHW 'HQQD NXUV YlQGHU VLJ L I|UVWD KDQG WLOO NRPPXQDOD WMlQVWHPlQ VRP KDQGOlJJHU |YHUSU|YQLQJVlUHQGHQ PHG NRPPXQHQ VRP SDUW 0LOM|EDONVXWELOGQLQJHQ |SSQDU IUnJHOnGD Sn ,QWHUQHW 0LOM|EDONVXWELOGQLQJHQ NRPPHU DWW |SSQD HJHQ KHPVLGD Sn ,QWHUQHW 9LD KHPVLGDQ JHV P|MOLJKHW DWW LQIRUPHUD RP NRPPLWWpQV DUEHWH RFK NXUVXWEXGHW RFK NRPSHQGLHUQD NRPPHU KlU DWW YDUD WLOOJlQJOLJD I|U DOOD +HPVLGDQV IUlPVWD XSSJLIW lU GRFN DWW RUJDQLVHUD HQ IUnJHOnGD 7DQNHQ lU DWW EnGH RIIHQWOLJW RFK SULYDW DQVWlOOGD KDQGOlJJDUH L HWW I|UVWD VNHGH VND NXQQD In P\QGLJKHWHUQDV VW|G L WLOOlPSQLQJHQ DY PLOM|EDONHQ )UnJHOnGDQ VWnU QDWXUOLJWYLV |SSHQ lYHQ I|U HQ LQWUHVVHUDG DOOPlQKHW $YVLNWHQ lU DWW KHPVLGDQ VND NXQQD |SSQDV L PDM RFK SnJn XQGHU KHOD .RPPLWWpQ KDU JMRUW HQ |YHUVODJVPlVVLJ EHUlNQLQJ DY DQWDOHW KDQG OlJJDUH RFK DQGUD EHU|UGD VRP NRPPHU DWW GHOWDJD Sn PLOM|EDONXWELOG QLQJHQV NXUVHU 3U|YQLQJ RFK /lQVVW\UHOVHUQD 'H VWDWOLJD YHUNHQ 'H VWDWOLJD YHUNHQ 'LPHQVLRQHULQJHQ XWJnU XWLIUnQ DWW GH VWDWOLJD YHUNHQ NRPPHU DWW GHOWDJD L NXUVHUQD lYHQ RP GH KDU HJHQ LQWHUQ XWELOGQLQJ 8WELOGQLQJHQ ULNWDG WLOO 'RPVWROVYHUNHWV SHUVRQDO NUlYHU QlUPDUH |YHUOlJJQLQJ PHG YHUNHW $QWDOHW EHUlNQDGH NXUVGHOWDJDUH VWlOOHU NUDY Sn FD OlUDUGDJDU HQ OLJW I|OMDQGH WDEHOO .RPPLWWpQ WDU I|UVW IUDP XWELOGQLQJVPDWHULDO OlURPHGHO L IRUP DY NRPSHQGLHU WLOO GH SODQHUDGH NXUVHUQD 7LOO YDUMH NXUV KDU NRPPLWWpQ NQXWLW HQ VNULYDUH HQ RUGI|UDQGH RFK HQ JUXSS H[SHUWHU VRP UHSUHVHQ WHUDU EHU|UGD YHUN OlQVVW\UHOVHU GH NRPPXQDOD LQWUHVVHQD RFK LQ GXVWULQ 6DPPDQVlWWQLQJHQ DY UHSUHVHQWDQWHU L JUXSSHUQD IUDPJnU DY NXUVSODQHQ L ELODJD 6MlOYD XWELOGQLQJHQ NRPPHU DWW JHQRPI|UDV L WYn VWHJ 8QGHU VWHJ XWELOGDV OlUDUH VRP WLOO VW|UVWD GHOHQ KlPWDV IUnQ NRPPXQHUQD RFK OlQVVW\UHOVHUQD FD OlUDUH IUnQ NRPPXQHU FD OlUDUH IUnQ OlQVVW\UHOVHU RFK FD IUnQ FHQWUDOD YHUN RFK QlULQJVOLY 'H VRP PHGYHUNDW VRP H[SHUWHU YLG IUDPWDJQLQJHQ DY NRPSHQGLHU GHOWDU RFNVn L XWELOGQLQJHQ DY OlUDUQD 9DUMH OlUDUH XWELOGDV L PLOM| EDONHQ YLG WUH VNLOGD WLOOIlOOHQ JUXQGXWELOGQLQJHQ GDJDU HQ I|U GMXSQLQJVNXUV GDJDU RFK IRUWVlWWQLQJVNXUVHQ GDJ (Q VlUVNLOG LQWURGXNWLRQVGDJ NRPPHU GHVVXWRP DWW KnOODV I|U OlUDUQD I|UH VMlOYD NXUVXWELOGQLQJHQ 8QGHU GHQQD ´SHGDJRJLVND´ GDJ NRPPHU OlUDUQD EO D DWW In HQ JHQRPJnQJ DY KXU PDQ E|U XSSWUlGD VRP I|UHOlVDUH I|U DWW EXGVNDSHW RFK NXQVNDSVLQQHKnOOHW VND Qn IUDP /lUDUXWELOGQLQJHQ RPIDWWDU VnOHGHV L DOOW VMX GDJDU , VWHJ PHGYHUNDU GH XWELOGDGH OlUDUQD /lUDUQD SODQHUDV DWW LQJn L OlUDUODJ .XUVYHUNVDPKHWHQ VNHU OlQVYLV RFK RUJDQLVHUDV JHPHQ VDPW DY GH UHJLRQDOD NRPPXQI|UEXQGHQ RFK OlQVVW\UHOVHUQD , NXUV GLPHQVLRQHULQJHQ RYDQ EHUlNQDV DWW FD SHUVRQHU NRPPHU DWW GHOWDJD L VWHJ XWELOGQLQJHQ .XUVHUQD NRPPHU DWW YDUD VMlOYILQDQ VLHUDGH PHG HQ EHUlNQDG GHOWDJDUDYJLIW Sn FD NURQRU GDJ H[NO GHOWDJDUQDV RPNRVWQDGHU , JHQRPVQLWW EHUlNQDV YDUMH OlUDUH DWW VMlOY PHGYHUND XQGHU PLQVW VH[ NXUVGDJDU /lUDUXWELOGQLQJHQ L JUXQGNXUVHQ RFK IRUWVlWWQLQJVNXUVHQ SODQHUDV DWW VNH L nWWD NXUVRPJnQJDU YLOND SUHOLPLQlUW NRPPHU DWW I|UOlJJDV WLOO 6WRFNKROP /LQN|SLQJ 9l[M| 0DOP| *|WHERUJ gUHEUR *lYOH RFK 8PHn )|UGMXSQLQJVNXUVHUQD SODQHUDV L I\UD NXUVRPJnQJDU YLOND I|U OlJJV WLOO 6WRFNKROP *|WHERUJ 0DOP| RFK 8PHn 1lULQJVOLY RFK RUJDQLVDWLRQHU NRPPHU DWW EMXGDV LQ WLOO GH UHJLRQDOD NXUVHUQD , YLVV XWVWUlFNQLQJ NRPPHU GH WUROLJHQ RFNVn DWW DUUDQJHUD HJHQ XWELOGQLQJ PHG DQYlQGQLQJ DY HJQD OlUDUH IUnQ OlUDUXWELOGQLQJHQ RFK GH OlURPHGHO VRP NRPPLWWpQ WDJLW IUDP .RPPLWWpQ UlNQDU PHG DWW XW|YHU GH OlUDUQD NXQQD HUEMXGD HWW WMXJRWDO OlUDUSODWVHU nW XWELOGQLQJVI|UHWDJ PRW VMlOYNRVWQDG 7LGSODQHQ UHGRYLVDV L ELODJD RFK E\JJHU Sn I|OMDQGH I|UXWVlWWQLQJDU œ5LNVGDJVEHVOXW RP PLOM|EDONHQ RFK I|OMGODJVWLIWQLQJHQ L MXQL œ)|URUGQLQJDU RFK I|UHVNULIWHU NODUD L MXQL 7LGSODQHQ LQQHElU DWW OlUDUXWELOGQLQJHQ DY JUXQGNXUVHQ VNHU XQGHU RNWREHU QRYHPEHU RFK DWW GH UHJLRQDOD NXUVHUQD NDQ SnE|UMDV L GHFHPEHU I|U DWW VHGDQ IRUWVlWW XQGHU QlVWDQ KHOD )UDPVWlOOQLQJ DY NRPSHQGLHU 8WELOGQLQJ DY OlUDUH YLG I\UD WLOOIlOOHQ )|UGMXSQLQJVNXUVHUQD NDQ VWDUWDV I|UVW L IHEUXDUL HIWHUVRP OlUDUQD XQGHU MDQXDUL lU HQJDJHUDGH VRP OlUDUH L GHQ UHJLRQDOD XWELOGQLQJHQ L JUXQG NXUVHQ )RUWVlWWQLQJVNXUVHQ lU LQWH I|UODJG WLOO YnUHQ HIWHUVRP XWELOG QLQJ Gn SnJnU EnGH DY JUXQGNXUVHQ RFK GH WUH I|UGMXSQLQJVNXUVHUQD .RPPLWWpQ VHU GHW LQWH VRP HQ QDFNGHO 7YlUWRP ELGUDU HQ nWHUVDPOLQJ DY OlUDUODJHQ HWW KDOYnU VHQDUH WLOO DWW I|UVWlUND GH QlWYHUN VRP WLGLJDUH E\JJWV XSS 8QGHU K|VWHQ KDU PDQ RFNVn InWW HQ YLVV HUIDUHQKHW DY WLOOlPSQLQJHQ YLONHW E|U NXQQD YDUD YlUGHIXOOW L NRPPLWWpQV XWYlU GHULQJVXSSJLIW 8WELOGQLQJVSURJUDPPHW KDU GLPHQVLRQHUDWV XWLIUnQ GHW DQVODJ Sn nWWD PLOMRQHU NURQRU VRP WLOOGHODWV NRPPLWWpQ RFK PHG GH HNRQRPLVND I|U XWVlWWQLQJDU VRP UHGRYLVDV QHGDQ %XGJHWXQGHUODJHW UHGRYLVDV L ELODJD 0LOM|EDONVXWELOGQLQJHQV EXGJHW I|U .RVWQDGHU I|U NRPPLWWpQV OHGDP|WHU +HPVLGD PHG IUnJHOnGD ORJRW\SH 'H WUH I|UGMXSQLQJVNXUVHU 0|WH PHG NXUVDUUDQJ|UHUQD )|UXWVlWWQLQJDU I|U EXGJHW œ8WELOGQLQJHQ GLPHQVLRQHUDV I|U OlUDUH L VWHJ XWELOGQLQJHQ RFK FD GHOWDJDUH L VWHJ XWELOGQLQJHQ œ([SHUWHUQDV XSSJLIW lU DWW I|UVW LQJn L HQ SURGXNWLRQVJUXSS I|U IUDP WDJQLQJ DY NRPSHQGLHU RFK VHGDQ PHGYHUND VRP OlUDUH L VWHJ XWELOG QLQJHQ Sn PLQVW WYn NXUVHU œ6NULYDUHQV RFK RUGI|UDQGHV XSSJLIW L UHVSHNWLYH JUXSS lU DWW WLOO VDPPDQV PHG VHNUHWDULDWHW VYDUD I|U XWDUEHWDQGHW DY NRPSHQGLHWH[WHQ œ2UGI|UDQGHQ RFK |YULJD UHSUHVHQWDQWHU L H[SHUWJUXSSHUQD lU RDYO|QDGH DY NRPPLWWpQ œ/lUDUQDV XSSJLIW lU DWW I|UVW XWELOGD VLJ VMlOYD L VDPPDQODJW VMX GDJDU I|U DWW VHGDQ PHGYHUND VRP OlUDUH L PLQVW VH[ GDJDU œ([SHUWHU RFK OlUDUH InU HQEDUW HUVlWWQLQJ I|U RPNRVWQDGHU UHVRU PDW RFK ORJL RFK XWELOGQLQJVPDWHULDO L VWHJ XWELOGQLQJHQ œ.XUVHU L VWHJ XWELOGQLQJHQ VND YDUD VMlOYILQDQVLHUDGH JHQRP DYJLIWHU œ7U\FNNRVWQDGHU I|U NRPSHQGLHU ILQDQVLHUDV JHQRP NXUVDYJLIWHUQD /lUDUQD InU GRFN DOOW NXUVPDWHULDO NRVWQDGVIULWW œ9LVVD [SHUWHU VYDUDU Sn IUnJRU IUnQ NRPPLWWpQV KHPVLGD Sn ,QWHUQHW XWDQ HUVlWWQLQJ /HGDP|WHU PHG RUGI|UDQGH µ9DG J|U YL QX"µ /lQVW\UHOVHUQD *|VWD %OFKHU RUGI 0LOM|PnOHQ RFK .RPPLWWpQV OHGDP|WHU *|VWD %OFKHU RUGI 0LOM|PnOHQ RFK .RPPLWWpQV OHGDP|WHU &ODHV *|UDQ 6YHQ *|WKH /HLI -RKDQQHVVRQ ,UHQH /LQJHVWnO /VW .URQREHUJV OlQ -lUGD %OL[ $QQ 6RILH (ULNVVRQ RUGI ,QGXVWULI|UEXQGHW 1LOV -LUYDOO 6NRJVLQG +HQULN /|Y /VW -|QN|SLQJV (LMH 6M|GLQ 0RQLFD %HQQHWW *nUG| /lQVVW\UHOVHUQD 7RUEM|UQ 6FKDIIHUHU RUGI / )LGMHODQG 3HWHU :HQVWHU ,QGXVWULI|UEXQGHW /cNH /LQGDKO %ROLGHQ $% 0LOM|IDUOLJ YHUNV 7RUEM|UQ /LQGK VN\GG NHPLVND /VW *lYOHERUJVOlQ *UHJHU 6YHQVVRQ 6LJWXQD ,QGXVWULI|UEXQGHW /RXLVH 6FK|OG $N]R 1REHO 0LOM|GRPVWROHQ 6WKOP &ODHV .ULVWHQVVRQ RUGI %DUEUR -|QVVRQ -DQ ((ULFVVRQ 3HJJ\ /HUPDQ |YHUSU|YQLQJ 0LOM|GRPVWROHQ 9l[M| %|UMH $QGHUVVRQ /lQVVW\UHOVHQ +DOODQG .RPPXQI|UE ,QGXVWULQ 5ROI +HQULNVVRQ 6\GNUDIW %XGJHWXQGHUODJ I|U PLOM|EDONVXWELOGQLQJHQ .RPPLWWpQV OHGDP|WHU $OOP PDUNQDGVI|ULQJ +HPVLGD PHG IUnJHOnGD ORJRW\SH P P )UDPWDJQLQJ DY NRPSHQGLHU OHNW PHG VLG OHNW OD\RXW DQWDO VLGRU [ NRVWQ OHNW PHG VLG OHNW OHNW PHG VLG OHNW 6NULYDUH UHVRU RPN OD\RXW DQWDO VLGRU [ NRVWQ OHNW PHG VLG OHNW 6NULYDUH UHVRU RPN OD\RXW DQWDO VLGRU [ NRVWQ +lOVD |VN\GG OHNW PHG VLG OHNW 6NULYDUH UHVRU RPN OD\RXW DQWDO VLGRU [ NRVWQ 3U|YQLQJ VDQNWLRQHU OHNW PHG VLG OHNW 6NULYDUH UHVRU RPN OD\RXW DQWDO VLGRU [ NRVWQ NXUVHU PHG FD OlUDUH NXUV NRQVXOWNRVWQDG OlUDUH ORNDO DGP PDW UHVRU NXUVHU PHG FD OlUDUH NXUV H[SHUWHU NXUV UHVD NXUVHU PHG PHG FD OlUDUH NXUV H[SHUWHU NXUV UHVD OlUDUH ORNDO DGP UHVD NXUVHU PHG PHG FD OlUDUH NXUV H[SHUWHU NXUV UHVD OlUDUH ORNDO DGP UHVD NXUVHU PHG PHG FD OlUDUH NXUV H[SHUWHU NXUV UHVD OlUDUH ORNDO DGP UHVD 3U|YQLQJ VDQNWLRQHU NXUVHU PHG FD OlUDUH NXUV H[SHUWHU NXUV UHVD OlUDUH ORNDO DGP UHVD 6WHJ ,, NXUVHU P|WH XQGHU GDJ DUUDQJ|UHU UHVD 727$/.2671$' WNU ,QJnU L NRPPLWWpQV SHUVRQDONRVWQDGHU 'HW I|UXWVlWWV DWW UHVSHNWLYH P\QGLJKHW ILQDQVLHUDU VLQ D VNULYDUH LQRP VLWW I|UYDOWQLQJVDQVODJ 0,/-g%$/.687%,/'1,1*(1 7,'3/ ,QODJGD NRPPLWWpP|WHQ 0LOM|EDONHQ I|URUGQLQJDU R 0LOM|SURS WLOO YLVVD I|UHVNULIWHU EHVOXWDV DY ([SHUWJUXSSHU XWVHV /lUDUODJ XWVHV UHJLRQDOW ,1752' .856(1 0|WH NXUVDUUDQJ|UHU *HQRPI|UDQGH NXUVHU , *581',/'1,1* /b61,1* 5HGHJHULQJ R OD\RXW ,, )g5'-83 ,/'1 5HGLJHULQJ R OD\RXW ,,, )2576b771 .856 5HGLJHULQJ R OD\RXW ,9 879b5'(5,1* 0,/-g%$/.687%,/'1,1*(1 7,'3/ ,QODJGD NRPPLWWpP|WHQ 0LOM|EDONHQ WUlGHU LNUDIW 0LOM|EDONHQ WUlGHU LNUDIW ([SHUWJUXSSHU XWVHV /lUDUODJ XWVHV UHJLRQDOW ,1752' .856(1 *HQRPI|UDQGH NXUVHU , *581',/'1,1* 5HGHJHULQJ R OD\RXW )|UEHUHGDQGH NXUV ,, )g5'-83 ,/'1 5HGLJHULQJ R OD\RXW ,,, )2576b771 .856 /b61,1* 5HGLJHULQJ R OD\RXW ,9 879b5'(5,1* 0,/-g%$/.687%,/'1,1*(1 7,'3/ ,QODJGD NRPPLWWpP|WHQ 8WYlUGHULQJ DY PLOM|EDONVXWELOGQLQJHQV DUEHWH ([SHUWJUXSSHU XWVHV /lUDUODJ XWVHV UHJLRQDOW ,1752' .856(1 *HQRPI|UDQGH NXUVHU , *581',/'1,1* 5HGHJHULQJ R OD\RXW ,, )g5'-83 ,/'1 5HGLJHULQJ R OD\RXW ,,, )2576b771 .856 5HGLJHULQJ R OD\RXW 7U\FNQLQJ ,9 879b5'(5,1* 7DEHOO 'HOWDJDUH OlQVYLV Sn JUXQGNXUVHUQDV OlUDUXWELOGQLQJ L VWHJ 'HOWDJDQGH OlUDUH Sn JUXQGNXUVHQ DQPlOGD 6|GHUPDQODQGV OlQ gVWHUJ|WODQGV OlQ -|QN|SLQJV OlQ 9lVWUD *|WDODQG 7DEHOO &HQWUDOD VWDWOLJD P\QGLJKHWHU VRP PnO JUXSS I|U PLOM|EDONVXWELOGQLQJHQ 6WDWOLJ P\QGLJKHW (QHUJLP\QGLJKHWHQ 6NRJVVW\UHOVHQ PHG cNODJDUP\QG RFK HNREURWW 7DEHOO (NRQRPLVND I|UXWVlWWQLQJDU I|U GHQ UHJLRQDOD PLOM|EDONVXWELOGQLQJHQ L VWHJ 6DPPDQVWlOOQLQJ DY XWVlQG HQNlW L RNWREHU (UV 7LOO $UE JLYDUH NU NXUVGDJ RFK OlUDUH 6|GHUPDQODQGV OlQ gVWHUJ|WODQGV OlQ -|QN|SLQJV OlQ HY UHVD .|SHQ UHVD 7\VNODQG UHVD 7\VNODQG *|WHERUJV R %RKXV 9lVWUD *|WDODQGV OlQ -D Gn OlUDUH XWELOGDW UHVD %U\VVHO XW|YHU GDJDU )|U I|UEHUHG 7LOO OlQVVW\UHOVHQ $QWDO GHOWDJDUH Sn JUXQGNXUVHQ $QWDO GHOWDJDUH Sn |YHUVLNWVNXUVHQ -|QN|SLQJV OlQ