ER34


J^Ĝ_ĝŰƏïoĢƤ?®IǄE<ƛ\>kDY@KM?dP=

Ģǋ?ǎǎ :J^äkĮ?ƜĽŀ\_ƏïoÂŢPlƽYƅÛƨ\ƎŭPlƽ^Őĩ´ǆDƘNGƔƩNW>kdP=iGBƝe\[UW<ōNGKÂŢ¯L?=
:Ńŀ_<?VXgäkÒNWƝfli@\ƨÏ\āÔ\ÄŷNWB?W¯L?=ƎŭƨƪåƄƨƪYƏï^·Ŋ
9ƨ  ëǔ"9ø  Ğǔ 9vªªǔ 9Ě  Ğǔ   9Əïëűǔ#9ƏïŦçǔ9äƜ &ǔŐǐƱéĨú_ÿĿLmlûéD>kdP=ƘNG_ĝŰ%$ soKƒ¯L?=

Əï\V?W^KŬƟÊ
Əï\V?W^Bð?énRƮŽ_<BǁƗdS_ ! \W¯Ɣĉ\Bǋ?NdP=8ƮŽÊǔǏņǐ¦            8ǔ  8¿ ĬǔŅ¶ƳƐŅ¶ĔĹŤ         8!ǔ  


_Of\ůƙNW¯L?ǎ8J^Əï_<ƍƔ¦^Ʋïãb¹đïXŉĪLmW?dP=°Ʀïh°Îé^>lûé_ƢþědXKƮŽ¯L?=8ŃƏïoƎŭÖ\ƊYNSk<Ǝŭľ\ŝş[ØoÙASkN[?i@<äkĮ?\_ÞÓŐĩNW¯L?=
Ǝŭ°ƉXxs§ŘmhĶƾ^áñ\[lûéD>kdP=ƴƑ´ǆ^ůƙ
9ŃƏï_¬§ƨƪoùŖ\ƏÁLmW?dP=ŰĀïǏŹōïºĀǐ^¬Ǐsª|ǖǕǘ<¥v ¬<©§<sª ¬{¬¥¬ŶǐoƎŭLmW?Sk<´ĶŎ^>lƨƪ^ûé_ŃǖǕǘ^ƎŭDXE[?ûéD>kdP=
9ÒØì®Ŷ\½@vªªŃÀãbǍÛŸƲï^ŮĵŶ\ƺNW^ÄƖ_ƇNC]dP=
9Áň²\ƨDÛETNSkN[?Ŋ\ę÷[ûĬX¬zª|¨¬zŶoCHWůĊ\ÇŌLRW¯L?=dS<vªªDćÌ\ÑAWCjÁňoƸăNW¯L?=
9Áň_¬y¬^ŨÕPlķÉĭǇƑǈŀoùŃ\BJ[UWGTL?=
9Ǝŭġ_Ļǅ^ªªoÞÓ\ƌ?<èƲ^ƀeŶou{NýNſfoƌUW¯L?=9ƍƔƨŲºĀ^ƨ\äk¹Hlƽ^ÙĒ\V?W_<ğŰ_­Ôƣ¼oơ?dRp=
9vªªxs§Řm_ƨ±řŚY[lħmD>k<āÿßƼXP=ƥƌÖ\_ĤQśŇoƌ[UW¯L?=9ŧŞ^œË\ilvªªŮĵoƻŌPlŜ\<Áň²_q<¬<q ª<r§ ¬<vªª©
{\_čoPlŶ<ŧŞDËj[?i@ŐĩNW¯L?=
9xs§r§ ¬_ÐÂŢRQ<ĹïoÂŢPlJYoBÜfNdP=
9äĮƜĽŀ_ÁňŻ³ġgźĂN[?i@\āÔ\ÄŷNW¯L?=9­ƈÍưX^ƥƌ_<ưƧƯƬƨƪŏoąUWƥƌNWGTL?=

















1

#
87    3,4%   
"5#6/3(
616.6!         

!'6  !'6  


*6&2!(616.6!          

!'6  





,15 /3( +15 /3( #1%-36($06,+15 )%(+15 )%(









2

#

9·Ŋ9« # _<xs§©{oxs§r§
xs§©{\_¬¬XİpXõĈPls^xs§{¬¥¬XP=oÏƋN<ƕĈŕĜº®\[lYqcxs§oƚďNdP=ƕĈŕĜº¯\[lYqosLRvªªcxs§oƚďNdP=íó\_  ãb  ª¬äk¹HŢ^ŴDƕHjmW?dP=« ĹƸŨ^ª¤tsƅö£xªoĲŢNǏ­ƲƨŲǐ<¬^äkÒNìE^ƅţĜDì®NW?dP=« ĹƸŨ^rrª|oĲŢN<xs§Řm\ČNWāė\ÅǉĦoì®LRW?dP=« ¬_ƨŲ\énRŁƱ[ƶL\yLm<rrª|DLmW?dP=zäk¹Hľ\r
rª|że¹HŶ^ǂÆ[Áň_>kdRp=
 :¬



ÁÛŕĜǔ +Ǚ+(+ :ª¬äk¹HŴǔ ǏĝŰ  ª¬^äk¹HDåƄXP=ǐ *ƨŲ\ikíó^¬DůÄXE[?Ŝ<ª¬^äk¹HDÒń[?ûég>kdP= *ƨŲ\ikz\¹đLml£xª^ŲǌDŧ[kdP=
EU:N3=2HMC5
T>9LV!
!

T>9LV;@RV@MC5
8VK;=>A!

!

3

#

9że¹HÁňĭǇ9
8Áňƃ^ĺcBǋ?=«ÁňDŻ³NdNSj<ŃäĮƜĽŀ_<ĤQBċŊ\ƫàNW¯L?=8Áň\äkCClÖ\<ĤQ¯Ɣ^śośŇNW¯L?=«Źō^¬hªŶ^Ʋï\<ÿĠ<×m<abŶ^ÚÝDšOW?Sj<Źōï^Ĺï\µĴNW¯L?=«ƎŭÁň_ĎƷ^ķÉĒû[Z\ÃǉNW¯L?=;Ńĸ²^ŹōïY_<ƅÛƨ¬y¬^ŋŖƎŭï^ĩîXP=

9¬§¬^äkĀN9,¦¬^ǏǑǐŵĄoäkĀNW¯L?=
-vªªxs§oįEäk<xs§r§ ¬oäkĀNW¯L?=.¯ôoâƂ\©ªª¬<uª¬©{ ¬<vªªqª¬y¬oäkĀNW¯L?=4

#

9z^äk¹H9,qc¬&ǒo»ťfNdP= ¹đ^¥ª§  ) oÂŢNdP=   *g@­ĺ^ÈgêŊ\äk¹HdP=$
FOU:B>@XW -¯ôoâƂ¬& o»ťfNdP=  ¹đ^¥ª§  ) <¥ªǗǓoÂŢNdP=  *q_dTäk¹HdRp=

*.;IV;('1/;?V#$B>@X

;?V#

5

#.¯ôoâƂ\tw¡¬ ª{®^r¬c¬& o»ťfNdP= ¹đ^¥ª§  ) <¥ªǗǓoÂŢNdP= *q_dTäk¹HdRp=$
B>@ ;?V#
/q " oƨ±cäk¹HdP= ¹đ^¥ª§  ) <¥ªǗ oÂŢNdP= *íócĘŔDŝ?i@ÌÀ^¾ƁoƞķNWè§oſfW¯L?=
$
$
B>@ B>@ 

6# 0xs§©{o¹đ^ª ¬§oÂŢNWäk¹HdP=  *xs§©{ŗƲc¹đ^  ¦ª|oäk¹HW¯L?=ǏĐƵ^xs§oüĕPlǐ  *äk¹HlÖ\ª¬¥|ãb¬  DſdUW?lCůƙNW¯L?=     Ʋ_ſfPF\ŐĩNWGTL?=  *ª ¬§^ſfPF\ŐĩNW¯L?=
52QGS>6
PU7 %52Q1 ,-+'&
<U=VJQ@
4U:UGS>60) 
EU:N3=2H

MC5U!" D: 0)  1xs§©{c{¬¥¬¬ &<& ^'rrª|Èoäk¹HdP=  *»ťf\NWBEdP=  *äk¹HÖ\{¬¥¬¬ÏƲoőŒNW¯L?=
'rrª|È 'rrª|È










7

# 2{¬¥¬¬o¯ôoâƂ\¥v ¬©q¬®oƭN<æuª¬ÏĺìcƭNd
P=

  ƨÀ¨¬Yª¤ª©¥}^ƹoƭN<ƨ±æÈq^ġĺc¬oƭNdP=


8

#

'  r 'rªr|È r ª | È       
3qc{¬¥¬¬oĳžNdP=







4ųÛƲÓŶ\ĘŔDŝ?i@rrª|^¾ƁoƞķNW<ª ¬§<rrª|oŃſfNdP= *xs§©{Ʋ^rrª|íó\>dk¬D>kdRp=ƨ®\Wſf¹H
Dòǀ[ûé_<rrª|^ƓĜo¬zª|N<xs§©{o­ļƨ±ikä
kĀN<rrª|oſf¹HWCjƨ±cīPYÁňDåƄXP=  *r¬cĘŔPlƲÓc_¹đ^§~¬¢¬oē?W¯L?=  * s¥X¬odYfW<íó^Ʊğ[ĬcťfW¯L?=  *¥v ¬¬c{¬¥¬¬DūĳĘŔN[?Ŋ<¥v ¬¬CjƿPC<§~¬¢¬oē?WÄƠNW¯L?=
5xs§r§ ¬oäk¹HdP=


9#

6ª¬oäk¹HlÖ\<ŘmśŇoƌ[UW¯L?=  vªªăÛÖ\<{¥ªzª|oƌ?xs§oqdXÞÓ\ģŠLRW¯L?=  ăÛÖ\¯ƔǆŪośŇNW¯L?=  9vªªxs§D¨§~¬Ï\>lC=  9¬D¸^Ʋï\ĘŔNW?[?C= 9xs§Řm_ŝ?C=
  9èƲ\ſfĥm_ŝ?C=7xs§Řmh<ĘŔDŝGðǊDŝHm`<ª¬<uª¬©{ ¬<qª¬y¬oäk¹HdP=  *qª¬y¬c¬DĘŔPlûé_<¬^ƭƧƲoyNW¯L?=  *Łġ\¥s< ¬ª|§^ÛÁůƙoƌUW¯L?=º®Xzäk¹HÁň_Ż³XP=



9Őĩ9

9ƥƌÖ\_ĤQxs§ŘmD[?CśŇoNW¯L?=
9ƥƌ²\<ŧƆ<ŧǃ<ıÛ[ZŧĖD>USûé_<ĆÌ[ûĬ\ƨoŌf<śŇoƌ[UW¯L?=
9Ǝŭġg<Ĉłũ\ƀehĘŔDŝ?CůƙoƌUW¯L?=






10

#

11#