Вы находитесь на странице: 1из 3



    ! "!


#%$&')(*')+,-(!.
'!NRB381TB5D-8\^<9?_-P;8B34;<A=<2NXB3D-8:5B3`cY%4;8: B3D-8B58Z/9\5DE81 V!4;P;P
&0/2131546/279804;:<9=-8>/2?@<A=-7CB5DE8GFIHCJA:K/L?:3MA/21K/L:5JC<2NOB3D-8 _c8W1NR<915?B3D-8:3=c/2B^/2MA/@S%1K/LB5Dc//2=jY0791K/AYf`c/2B38:OB3D-8:5B3`cY%8=%B
P;4QNR8 /2:TS%4U8WVX8ZY #[$B3D-8OS98ZY%46\]:K\^134U_EB5`-138:Za,%<B3D-8O8WPb/L#c<91K/LB58 /2=cY@/2:3M[:lD-4;?uB5<e^<94;=B5D-8T:5<-\^4;8B$Ns<A1lB5D-8 Y%4;:K\3Dc/L15798)<LNqB5D-8
154;B3`c/2P;:d/2=cY]B5DE8e_-13<f\8ZY%`-138:XB3Dc/2Bg?h/213MTB5D-8!<-\\/L:54;<A=<LNiB3D-8 B5D-1388OY%8W#-B5:IaUkE=c/2?@8P;$
?h/L15134b/L7A84QNc=-88IY%8ZYB5<T#j8X`E=cY%813:5B5<%<-Yk9:5D-<9`-P6Y #j8l_-158Z\8ZY%8ZY
FAa!T o '+! ' p D-8Y%8W#-B <2N!B5DE87A<-Y%:Zkw<A1TB3D-8_c8W1t
#%$mB5D-8`-=jY%815:3BK/L=cY%4;=-7m<2NeB3D-80\^<A=j\^8_-B<LN)B5DE8hP;4QNR84;=nB3D-8
:5<9=-4Qi\/LB54;<A= <LN-B5D-8l=c/2B3`-1K/LP2NR<91K\^8W:Za p D-8l=c/2B3`-158g4U:wB5D-8
o 8ZYf4b\_-DE4UP;<9:5<A_ED[$%a
7A4QNRB<2NdB5DE8O=c/LB5`-1^/2PwNR<91K\^8: /L=cYB5DE8O:3BK/2798OV!DE8158B5D-8
p D-8eV!DE<AP;8!_-15<-\^8W:5:e<LNqB5D-8P;4rNs8X4;:lS[4;8Vl8ZY/L:XB3D-8)\^<9=%B54;=%t
8S9<AP;`-B54;<9=\<A=%B54;=%`-8:Ia,%<B5D-8_-158:3815SA/LB54;<A=<2N B3D-4;:
`-<9`-:X_E15<A79158:3:dNs<A15?u<9=-8!NR<915?v<2Nq4;=%B58P;P;4;7A8=%Bd?/2=-4QNR8:3BK/LB54;<A=
=c/LB5`-138NR<A1B3D-8NR`EB5`-13808SA<9P;`-B54;<A=E:"/L=cY7A8=-8W1K/2B34;<A=-:
B5<B5D-8l<AB3D-81wNR<915?x<2N-4;=%B58P;P;4;7A8=%B?/2=-4QNR8:3BK/LB54;<A=qa p D-8lV!D-<9PU8
4;:!B5D-8T_-134;?h/213$O138:5_j<A=E:54;#-4;P;4UB$<LNB3D-8T4U=jY%4;S[46Y%`j/2Pc/L=cY
<2N!B5DE8\^<A:3?<A:T4;:TS%4U8WVX8ZYm/L:TB5D-88B3815=j/2Pgyc<2V<LNzB3D-8\^<A=ft
B5DE4U:l4;:dB5DE8)Y%8#EBXB3Dc/2Bl8Z/A\3D\/L1513$<A=DE4U:gD-8Z/AY4QNiD-84;:
:K\4U<9`-:5=E8:5:T<2NB5D-8]`-P;B54;?h/LB58Aa;k2:3_-4;1K/2P;P;4;=-74U=Y%4Q{i8W158=%B!Ns<A15?@:Zk
#j8=-8^cB34;=-7NR13<A?}B3D-8T:5<-\^4;8B$%a
\^<9=[B34;=[`E<A`-:3PU$@B513$[4;=-7B5<@`-_-791K/AYf8)4;B!:38PQN|B3<B5D-8]D-4;7AD-81T/2=cY
D-4;7ADE81PU8WSA8P;:<2NcB3D-8!V!4;:KY%<9?>a(!`E?h/2=]PU4QNR8g4U:d/LPU:3<eS%4;8Vl8ZYO/L:
-a!+!.5,E(!.+! 'O p D-8C7A138Z/2B:K/L7A8:V!D-<`-=cY%8W15:5B3<%<fY
B5DE8X:^/2?8l/2=cYTB3D-<A`E7AD%BqB3<)#j8l_-15<97A158W:5:54;=-7TB3<eB5DE8!4U=%B38P;PU4;798=%B
B5DE8hV!DE<AP;8<LNeB5D-8_-13<f\8:5:@<2NeB5DE8 \<A:5?@46\8SA<9PU`EB54;<A=
NR<915?:gNR13<A?}B3Dc/2B!<LNB5DE8 4;7A=-<91K/2=%BIad~dB^/2?h/L:5<9?h/^$A<9B5D-4;137[/It
/2=jY0B3D-8O4;=%SA<9P;`-B54;<A=_-138:K\154;#c8IYmB5DE87A`-46Y%8 P;4;=-8: /L=cY
?h/I$%/2Dc/9a p D-8_-`-15_j<A:38e<LNiB3D-8e?/2151346/27A8g4U:gS[4;8Vl8ZY/L:dB5Dc/LB
5
B
DE8!?<-Y%8:<2NP;4QNR8NR<91B3D-8e\^<9PUP;8Z\B54;SA8!P;4;S%4U=E7ckI#%$ ?8Z/L=-:
<2N/246Y%4;=-7eB3D-8!\^158Z/LB54;<A=<2NB5DE8XD-4;79D-81d/2=cY]D-4;7ADE814U=%B38P;PU4;798=%B
2
<
NqB3D-8!:K/L:5D%B5DE1K/2:Ia.Bd4;:dB5DE8lNR<AP;P;<2V!4;=-7e<LNiB3D-8:58_-154;=c\4rt
:5_j8Z\^4;8:!4;=B3D-8eD-<9?<T:K/L_-4;8=-:gNR<A1l/A\3D-4;8S%4;=-7TB5D-8158Z/LPU4;Z/LB54;<A=
_
P;8:<2N-P;4;S%4U=E7ckB31K/9Y%4;B54;<A=-:Ik2\^`-:5B3<A?@:ZkIV!D-46\3D"/L158dD-4;79D-P;$
<2NB5DE8!:5`-_-138?89a p D-4;:B5DE<A`-79D[BV!/2:dS%4;8Vl8ZY]#[$]?h/2=%$TVl8:5Bt
K
:

\
4U8W=[B34Qi\4U=@=c/2B3`-158T?/2=\/2=/2P;P;<2VGB3D-8e_j8Z/9\^8^NR`-P\^<2t
813=-815:l/2=cY]B5D-8lVl8:5B3815=8ZYf`c\/2B38ZY_j815:3<A=-:X/L:B5D-8l:5B3`-_-46Y%4;B$
^
8

4;:5B38=c\^8Aa;kB3D-8m_j81NR<915?/2=c\^8<2NB5D-4;:C4;:0B5D-8+!4;:5DE4
<2NqB3D-8)(*4;=cY%`-:l#c/213154;=-7 B3D-8e4;=cYf4US%46Y%`c/LP9NR1588IY%<A?}<LNqB5D-8:5<9`-P
!
+
E
`
=c/-a
B5<8W=Z^<2$NR1388 :58/L=cYNs1588 P;4QNR8Aa
a!. p +!+! ' p DE4U:g4U:B3D-8)Y%8W#-Bd<2N<A`E1NR<A138^N/LB5D-813:Za
`EBB3D-8d138Z\^8=%B8^-_c8W154;?8=%B3:\^<9=cY%`c\^B38ZY]#[$TB3D-8XT8=E8B546\
p D-4;:?@8Z/2=E:B5Dc/LBhVl80Dc/IS980B5<_c8W1NR<915?
B5DE80P;4rNs80<2N
:K\4U8W=[B34;:5B5:d\^<9=%c13?8ZYB5Dj/2BqB3D-8lV!D-<AP;81K/L=-7A8d<LN-B5D-8l8?<9B54;<A=E:
B5DE8T154;Dc/L:5B5Dj/'e:3D-1K/L?B3< \158Z/LB58B3D-8_-15<97A8=%$>/L=cY
P;8Z/AYf4U=E7>B3<mB5D-8P;<2SA8P;4;MA8h/L=cYmB3<mB5D-84U=%B38158:3B<LN)B5DE80:58^
#j8>:3`-_-_j<A15B34;SA8CNR<91B5DE8><9B5D-81P;4QNR80:3$[:3B58?@:<A=B3D-4;:
/2138\^<A=%B315<AP;P;8ZYC#%$>/\3D-8?@4b\W/2Pd:38Z\^158WB54;<A=\/2P;P;8ZY<If$-\^4;B34U=E8Ak
_-P6/2=E8BZa p DE4U:T/2P;:5<V!/2131K/L=[B3:e`-:B5<#j8O4;=0\^<9=%NR<A13?4;B$
/2=jY0B3D-8V!D-<AP;8 <9#A^8Z\^B34;SA8<2N!B5DE4U: \3D-8?@46\/2Pw4U:TB3< \<A=%B54;=%`-8
V!4;B5DB5DE8 :5<-\^46/2P=E<A15?@:z/L:eY%46\^BK/LB58ZY #[$@B5D-8]:K/2798:lNR<91
B5DE8 _-15<-\^8W:5:e<LNdB5D-8T_-13<A7A8W=[$%a p D-8 V!DE<AP;8e<LN|B3D-8T4;=cY%4;S%4bYf`c/2P
B5DE8 _-15<97A138:5:<2NB3D-8 :3<f\4U8WB$[a
NR1388ZY%<9?/2=cY]<AB3D-81q#j8Dc/IS%4;<A1w8^-D-4;#-4;B58ZY]#%$TB5D-8l:5_j8Z\^4;8:d4;:w4U=
\^<9=%c15?/2B34U<9= B5<TB3D-8z\<A=%B513<AP-<LNiB3D-8e\3D-8?46\/LP%=c/2?@8ZY /2#j<2SA8
/2=cYB5D-8@_c81NR<A13?h/L=c\^8<LNeB5D-8_-`E15`-:3Dc/213B5Dc/L:t"Dc/L15?h/
NR<91!B5D-8T_-13<A7A8W=[$%a
e
'
3
1
5
B
Dc/T/2?/ /2=jYh& <AM%:5Dc/Ea
p D-4;:dDc/L:d<A=c\8)/27%/24;=\^<A=%j15?8IY B3D-8eV!4;:KYf<A?<LNiB3D-8)/L=%t

.
\^4;8=%B,E/27A8W:qV!D-<:K/246YB5Dj/2BqB3D-8l?h/2131546/2798q4;:jNR<91qB5DE8d_-15<97A8=%$%a B5<@8=%B)B584;:O1T/L<ABT1B5=-D-<A4;B:XB5^<@`E=c8\^=%B5B5`E8151 84;=B3DcB5/2<@BTB5B3D-D-88 ?ho /L46Y%15$%134b/2/L157AB38TD-4XP;4QNR\8A/Lae=n(*Y%8"8Z\^\46/LY%= 8
<2VuB5DE8V!D-<AP;8<2N!B5DE8:5_c/L=n<2N!B5DE8D[`E?h/2=PU4QNR84;:OY%4Qt
S%46Y%8ZYm4;=(!4;=cY%`-4;:3?B3</9\3D-4;8SA80/2P;PlB5D-8@<A#A^8I\^B54;SA8W:<2N)B3D-8 ^/2`-=c:3YBXB5<9D-_-8 BloNR<A/21l=cB5/LDE_-81K/L,E:5/2B3=%Dc$[/-/La :K//2:5DE1K/2?:5M%4;_-_-4;=-7 B3D-8 T154;Dc/L:5B5Dj/
:5<9`-PB5<P;8Z/9Y/]_c8W1NR8Z\Be:K/LB54;:j8ZY@PU4QNR8B5</A\3D-4;8S98)DE4U79D-81!P;8S9t
wc/A\^B3PU$B3D-4;:4;:B5D-8C:5B^/213B54;=-7n_j<A4;=%B<2NB5D-80134;B5`c/LPU:@<2N
8P;:!<2NB5D-8]8SA<9PU`EB54;<A=qa
5
B
D

8
p D-8 P;4QNR8e4;:!Y%4;S%4bYf8ZY@4U=@B5<Y%4Q{8158W=[BT/2:3D-1K/L?:lPU4;M98 1K/2Dft 158P6/LB5?4;SA/2813:15V!46/24;79P;P%8A7Aa <)p /LD-=c8@Y]#-158Z1546\^Y%8W8A4US9 :T8eNB3/2D-B58 DEo81 46Y%<A$%1]/2D-15B34;D-: 4-#-/215=c<9Y]B5D-#-8W131O4U=E<97)1 DEB54UD-? 8
?h/9\3Dc/213$[/-k%T134UDj/2:5B$%/-k o /L=c/2_E1K/2:3B5D%$[/Ek-/2=cY,-/2=%$[/L:K/Ek%8Z/A\3D B5<@B5D-84;1 DE<A`-:38Aa p D-8W158 p D-8$CV!4;P;P\^<9=[S%4;=c\^8D-4;?B5Dj/2BTB5D-8
Dc/IS%4;=-7 /T\^$-\^P;8e<2Nq-Fl$98Z/213:Za p D-8138)/L158eY%4Q{8158=%BlMA/213?h/2:wB5< P;4rNs8 <2N!B5D-8,E/2=%$[/L:K/@4;:)B3D-8P6/2B381 _c/L15B <LNXB5D-8P;4QNR8/2=cYV!4;P;P
#j8e_j81NR<915?@8ZYO/LBd8Z/9\5D@<2NB5D-8T/2:3D-1K/L?/L=cYB5DE8$OB3<AB^/2P;P;8ZYB5< MA88W_D-4;?:K/LB54;:j8ZYV!4;B5DB3D-8!8P6/2#j<A1^/2B38!NR<%<-YO/L151^/2=-798?8=%B3:
FZH@MA/L15?h/L:Za o 4USA/LDc/4;:T<A=E8O:3`c\3DmMA/215?/B5<#j8_c81NR<A13?8ZY /2=cY <AB5DE81 _-P;8Z/L:K/2=%B3154;8: V!D-46\3DCV!4UP;PwMA88_mB3D-8?4;=cY@<LNXB5D-8
/2B!B3D-8T8=cY<LNB3D-8 1^/2D-?/A\3Dc/213$[//2:3D-1K/L?>a
1^/2D-?/A\3Dc/L15$[/'e:5DE1K/2?4U=j\^P;`cY%8:!B3D-8 /LPU$%/ <A`-?/21^/ o8P;4;467AY%4;$%#-/2P;158eB3D-Y-4q/2`E<L7A{>D%B5B5DE81*8"NR,-<A/L1!=%B3$[D-/28T:^/-_ca /2=Ep 4qD-7A81^=C/2DcB5DE/L=c8 /]_cB5/2<138_-=%`-B5:T13:5<2`-{88D-1T4;B5?}DE8B34;< 1
/2=jY!l<A`-SA/L=c/X/ISA/L:5B3Dc/2:<LNfB3D-8d(!`-?/2=PU4QNR89aq=c\^8dB3D-8 /2P;$[/
'eSA/L:5B3Dc/l4;:<2SA81wB5D-8d4;=cYf4US%46Y%`c/LPZ4;:w:58=cYB5<!B5DE8XT`-13`-M%`-P6/gNR<A1 _c8W1NRp <9D-15?8eV!B5D-D-8T<9P;B58eDE<215Nq88OB3D-Yf8T8#-?hB5:I/La 151546/L7A8l?h/2=%B31K/2:l/2158B5<#c8T138Z\^4;B58ZY
B5DE8e8ZY%`j\/2B34U<9=/2=cYDE8!V!4UP;P-138B5`E15=B3< B5DE8e_c/L158=%B5:!/INsB581dB3D-8 #%$m84;B5D-81@7A13<[<9?<A1#%$mB3D-80_c/L158=%B5:<LN B5D-8#-134bYf8Aa.B4;:
8ZY%`j\/2B34U<9=h/LBXB3D-8 /27A8<2NEF!$A8Z/L15:Ia p 4;P;P-B5D-8W=hDE8eV!4;P;Pc:3B5`cY%$ `-=%NR<915B3`-=c/2B38B5Dc/LB =-<2V}/_-13<I-$>138Z\^4;B58:B3D-8V!DE<AP;8<2N!B5D-8
B5DE8)\^<9=c\^813=-8ZYc8P6Yk-/LPU<9=-7TV!4;B5DB5DE8e?<91K/LP[8WB5D-46\/LPc:3B5`cY%4;8: ?h/L=[B31K/L:X/2=cY@Vl8T:54;?_-P;$=-<-Y@B5D-8TD-8Z/9Ya
158WPb/LB58ZYCB3<_-D%$[:346\/2Pk_-:3$-\5DE<AP;<A794b\W/2Pkj:5<-\^46/2Pk138P;4U794;<A`-:Ikq/2=cY
p D-8158/2138BVX<0Y%4Q{8158=%B158Z\4UB^/2B34U<9=-: 4;=mB5DE8?h/2131546/2798Aa
:5_E4U134;B5`c/LPPU8WSA8P;:!<2NB5D-8]`-_-7A1^/AY-/LB54;<A=@<2NB5D-8 :3<A`-Pa
=-8B5Dc/LB4U:B3D-80\^<A=%S9815:^/2B54;<9=G#j8BVl88=B5D-80T13<%<A?/L=cY
F

B5DE8)_j/2158W=[B3:!<2NqB3D-8T#-1546Y%8<2{8154;=-7D-4;?}B5DE84;1zY-/L`-7AD%B381e/2=cY
A ae' X'}*' 'T&@te<2{8134U=E7h<LNXB5DE8Y-/2`-79D%B581NR<91
158W?4;=cY%4;=-7 DE4U?u<LNB5DE8)138:5_j<A=E:54;#-4;P;4UB$B3<2Vz/L1KY%:!B3D-8T:5<-\^4;8B$%k B5D-8T?/2151346/27A89a
/2=jYn:38Z\^<9=cYB5DE8>&0/2=%B31K/2:15<9_c8W1158I\^4;B58ZY#%$T15<%<A?<A=
A a0j' .e +*')(*' 'T&mkc,f') p (*'j'TT(!.kc& ' t
B5DE8"/9\^Be<LNz/2=-4;7A1^/2Dc/L=c/-k-,E/2_-B^/2_c/9Y%4kc/2=jY0&0/2=E7[/2P6/L:5`-B3D-1K/ T')'),- p (e+*'T(*')+!' 'kT+ o ddT,-(*' ')&t
Dc/21^/2=c/Ea
B5D-8:5884;=-7<2NO8I/A\3D<AB3D-81IkeB3<A`c\3D-4;=-7m<LN8I/A\3D<9B5D-8W1Zke/L=cY
p D-8:38/L158mB3D-8G&0/L=%B51K/L:0_-134U=j\^4;_c/2P;P;$158I\^4;B58ZYNR<A10B3D-8 Vz/LP;M[4;=-7]B5<A798B5DE81Zkj/2=cY@B$%4;=-7OB3D-8TM%=-<AB!<LNB5DE8 ?h/L151546/L7A8Aa
T<-Y%:'7A=-4kd.=jY%1K/EkX,%<9?h/-kd/L=cY,-/21^/2:3Vz/LB5D-4a p D-8 o 8ZY%46\
F a p ')')& +!'Tqlt<AB3D-81_j81Ns<A15?/2=c\8:t/A\9`c/L4;=%t
\^<9=c\^8_-B<2N!B5DE8\^<A:3?<A:4;:)#j/2:58IYC<A=mB5DE88SA<9PU`EB54;<A=0<LNzB3D-8 BK/L=c\^8T<2N8Z/A\3D0<9B5D-81Ia
?h/L=-4QNR8:3BK/2B34;<A=#%$\<A:5?@46\V!4;PUPT\/2P;P;8ZY.5 !klV!4UB3DB3D-8
FAFAa')+! T(!' p (*.e!'T+e,-(*' 'T&@t:5D-<2V!4;=-7@<2NdB5D-8
/246Y<2N)B3D-8>\^<9:5?@4b\?4;=cYC. e.'B3</9\3D-4;8SA8B5DE804;??<21t /213`-=cY%Dc/LB5D-4:3BK/L1
BK/LPqB315`-B3D/L=cYB5DE8O\^<A=E:K\^4;<A`E:5=-8:3:O\/LPUP;8ZY,-T&'OkjV!4;B5D0B3D-8
FZ-a ]+!.5(!'Td+!' o d,f')&@tBK/2M%4;=-7TB5DE8!#-1546Y%8!B3< B5D-84;=%t
/246Y<2N!B5D-8\<A=%B54;=%`-<A`E:)`E_-7A1^/AY-/LB54;<A=C<2NXB3D-8\^<9=-:K\^4;<9`-:5=-8W:5: P6/IV!:XD-<9`-:58
\/LPUP;8ZY,%'T+!'T,%0' p (*.a
F ag')dj'e. !p (!'TqztDc/L=cY%4;=-7<2SA81wB5D-8!Y-/2`E7AD%B581B3<
B5D-8T7915<%<A?
p D-8 #-1346Y%8T7A15<%<9?}158Z\4UB38:eB3D-8 _c/L:5:^/27A8W:eV!D-46\3D?@8Z/2=
.!aUa;a;a;a;aUa;a;ara;aQaUaEB5< _j81NR<A13?B3D-8)|`-15`-:3Dc/213B5Dc/]<2NB5DE8eD%`-?h/L=
F a@)(+! o '!')+,-(!' '
P;4QNR8X4;=B3D-4;:dNR<915?u/2?uBK/LM[4;=-7T<91X/A\\8_-B54;=-7a;a;aUa;a;a;a;a /2:w?$TV!4rNs8Aa
F a@,- (*' 'T&0lt=%`-_-B34b/LP;:
,%D-84;:/2P;138Z/AY%$m<L{i8W158ZYB3<mB5D-80\^<9:5?@4b\?4;=cYm/L=cYn\^<9:5?@4b\
FZH-alT')+ (*')*' 'T&@tB5D-8!/A\^Bw<2Ni\158Z/LB54;<A=<2N-B5DE8dNR<%8^t
V!4;P;Pi/L=cY@B5<B5DE8)8WB5813=c/2PB513`-B5Dwal~R?8I/2=-4;=-7 B3D-4;:!?h/L151546/L7A8e4;: B5`-:Ia
<A=EPU$B3<B5D-8 \^<9=%B54;=%`c/2B34U<9=<LNB5DE8 8SA<9P;`-B54;<A=wa
<2VP;8B3:e:58W8 8Z/A\3D<2NB5D-8W:58/A\^B3:!4U=0Y%8WBK/24;Pa
.cV!4;P;P2=-<9BB5158W:5:_c/2:3:qD-8W1q4;=TB5D-8d_j81NR<A13?h/2=j\^8<2NcDc/213?h/
e=E8!4U?@_c<915B^/2=%B_c<94U=%BB5<]#c8=-<AB38ZY4;:dB5Dc/LBd4;=OB3D-8 o 8ZY%46\
tz/LPUPj:5`j\5DC/A\^B3:eB5Dj/2B!/246Y@B5D-8T8S9<AP;`-B54;<9=qk
'e798B5D-8@:K\3D-<%<AP!79<A4;=-74;: #c<9B5DNR<A1 B3D-8#j<2$m/2=cYCB3D-8794U13Pa
'e13B5Dc/t/LPUPd/9\^B5: B3Dc/2B /LPUP;<2V!:!B3< \158Z/LB58`-B34UP;4;B54;8:<2N!P;4rNs8AkQ~ 'e=cY]B5DE8z*_c/2=c/I$%/2=c/*4;:qB5<T#j8X_j81NR<A13?8ZYNR<A1w#c<9B5D<2NcB3D-8?Ca
?<9=-8$@8Z/213=-4;=-74;:e<9=-8 :3`c\3D/9\^BeB3Dc/2B \^138Z/2B38:TB5D-8`-B54;P;4;B54;8: '!BTB5D-8B34U?@8O<LNXB5DE8?h/L15134b/L7A8TB5DE8Vl<A?8W=0:5B^/215B3: Vl8Z/2134U=E7
<2NdB3D-8OP;4QNR8Ak-/L=cYB3D-8O/213B5Dc/4;:e=-<9B!?8138P;$?<9=-8$@<A1e_j/2_j81 B5D-8l<A13=c/2?@8=%B5:/2=cY]B5D-8!?/2= \^<9=[B34;=[`E8:dB5<TVl8Z/21B3D-8!:K/9\^158ZY
\^`-13158=j\^$-)/L=cY
B5D-138Z/AYa
T/2?h/t/2P;P-:3`c\3DhY%8:34;158:!B3Dc/2BX\<A?8e/9\^15<9:5:l4;=B5D-8PU4QNR8l<2N
p D-8B3D-158Z/9Ym?/2151346/27A8V!D-46\3Dm4;:O\^<A=fc=-8ZYB5<<A=-P;$NR8V
`-:Iar~B5D-8T/2?/4;=CB5D-8@_-`-15S%4;8Vu<2N!B5DE8,-/2798: 4;: =-<9B)<9=-P;$ 7A13<A`-_-:g<2Nq_j815:3<A=-:!=-<2V kL`-:58ZY@B3< #c84;=SA<A79`-8lNR<91X/2P;Pc/LBX/2=%t
:58 #E`-B!B5D-8TV!D-<9P;8)1^/2=-798T<2NB3D-8OY%8W:54;158:Ia
\^4;8=%BqB34U?@8:q/2:wB5D-8g_-15<-\^8:3:d<2Nc,-/L=cY%D%$[/ o /2=cY-/L=c/l4;:q?@<A158B3<
Dc/213?h/ \//L15B3D-8O\/MA/L?8e\/=c/LB5D-4q\3Dc/L1K/L?4a
Y%<V!4;B5D0B3D-8O:3$-\5DE<AP;<A794b\W/2P/L=cYB3D-8O&8=%B^/2Pdw815:3<A=c/LPU4;B34U8W:
(!8138>B3D-80&0TT,-(!'4;:Y%8P;4;#c8W1K/2B38P;$n<9?4;B5B38ZYm#%$nB3D-8 <2NB5D-8T.=cY%4;S%46Y%`c/LPa
:K/L7A8:Ia p D-8 158I/2:5<9=04;:!B5D-8]4U=%B38=%B54;<A=<2NB5D-8]:K/2P;SA/LB54;<A=NR15<9?
p D-8X_j<A4;=%B5:wP;4UM98V!D[$TVl<A?@8=TVX8Z/L1<A15=j/2?8W=[B3:q/2=cYMA88_
B5DE80#c<9=cY%:@<2N B5D-8PU4QNR8@4;:Y%8_j8=cY%8=%B0<9=B5D-80_j/2:5B@MA/213?h/ #-4;=cY%4q/L158T#c8W$A<A=jYB3D-8 _-`E15S%4;8V<LNB3D-4;:eY%4;:K\^<9`-15:38Aa
<2NeB3D-8:5<9`-Pa>4;B5DE81D%`-:5#c/L=cYm<91 V!4QNR8hYf8_c8W=cY%4;=-7C<A=nB3D-8
,%<!V!D-8= #j<AB3D \^<A?@_-P;8B58B5DE8XdY%`c\W/2B54;<9=O\^<A?@_-158WD-8=-:34US98
_c/L:5B!MA/213?h/T\/L= /9\3D-4;8SA8TB5DE8):^/2P;SA/2B34;<A=h/LBXB3D-84;1!<2V!=_j/A\^8Aa 8ZY%`c\W/2B54;<9=NR<91dB5D-8TY%8S98P;<A_-?@8=%Bd<2NB5D-84U=jY%4;S[46Y%`j/2Pc/L=cYB5D-8
.=\/L:58C<2NO&88W1K/ /L4T4UB4;:@B5D-80V!4QNR8V!D-<G/9\5DE4U8WSA8ZYB3D-8 :5<-\^4;8B$B5D-8!_j/2158W=[B3:X`E:58ZYB3<Tc=cYB3D-8!?h/LBK\3D #%$"\<A?_j/2154;=-7
:K/LP;SA/2B54;<9=h/2=jY4;=0\/L:58 <LNg+/2?/2=%`Z/<A1 p `-MA/L1K/L?}4;B!4U:!B3D-8 B5D-8l(!<A13<A:^\^<A_j8:d<LNcB5D-8l_-13<A#c/L#-P;8d?h/LBK\3D-8:/2=cYT`E:58ZY]B5<T\^<A=%t
(!`E:5#c/L=cY@V!D-</A\3D-4;8S98ZY@B5D-8 :^/2P;SA/2B34;<A=c13:5BZa
c 15?B5D-8 /2P;P;46/2=c\8!#c/2:38ZY@<A=B3D-8 /2=j/ &0/2B^\3D-4;=-7cad /L=c/T<91
<2VxP;8B3:\<A=-:34bYf81TB5D-88P6/2#j<A1^/2B58_-13<f\8:5: <LNXB5DE8O?/21t T 15<9`-_:34;7A=-4Qc8:!/]_c/213B546\^`-P6/21l:58WB!<2N?@8=%BK/LPcB31K/24;B3:Zk-/2=jYNR<91
1546/L7A8>/9\\^<A1^Y%4;=-7B5<B5D-8 o 8ZY-/Eke/2=jY4;B5:@:K\^4;8=%B34r\0:34U79=-4Q-t 2/ =%$ ?/2151346/27A8!/2BgPU8I/2:5Bl 7%/2=c/L::3D-<A`EPbY?/2B^\5D4a 8Aa;k2:5D-<9`-P6Y
\/L=c\^8Aa
<2N B5D-8T:K/L?8T\^<A`-=%BlNR<91!B5D-8T#j<2$h/L=cY@7A4;15Pa
! NO\^<9`-15:380B5DE4U::^\^4;8=c\^8<2N)':5B315<AP;<97A$nB3<%<>V!/2:D-4;79D-P;$
p D-<A`E7ADmB5DE8158@?h/I$#c8SA/L1546/2B34;<A=-:4U=mB3D-8:58IA`E8=c\^8<2N
B5DE8O_j81Ns<A15?/2=c\8 <2NdB5DE8"Y%4Q{8158W=[BT_c/L15B3:)/2=jYB5D-<9`-7ADB5D-8$ ?4;:5E` :58ZYm/L=cY4UB4;:=-<2V\^<9??/2=cY%4;=-7@B5D-8P;<2Vl8:5B8:3B588W?
/2138O\/LPUP;8ZY@#%$0Y%4Q{i8W158=%Be=j/2?8W:!4U=B3D-8 158W:5_j8Z\^B54;S98\^<AP;P;<-A`E4rt /2?@<A-= 7TB5DE8 ?<-Y%813=-813:Za
/2P;:Ik%B5D-8 o 8ZY%46\T&0/2131546/2798)\^<9=-:54;:5B3:e<LN
'e? <9=-7 B3D-8FZH_-13<f\8:5:TY%4;:K\^`-:3:58ZYC/2#j<2SA89k
F 9a ' .stX798B5B34;=-7O:3BK/L15B58IY
F!5B < /L158B5< #j8T_c81NR<A13?8ZY/LBzYf4r{8138=%Be/27A8W:z/L=cY<9=-P;$
Ea .5,-!(!. p ')+ p (!'!tX\^<9=%c13?4;=-7 B3D-8O/2P;P;46/2=c\8
T/2:54z/2B3K1 /4U:_c8W1NR<915?8IY0/2:T/_-13<AP;<A79`-8TB5<B3D-8?h/2131546/2798Aa
A a' Te+*')+ej' '*t\^138Z/2B34;<A=<2NB5D-8m/2P;P;46/2=c\^8C#%$ `EBX/2P;P%B5D-W8 :58)/L158!_j81Ns<A15?@8ZYl^`-:5B#j8^NR<9158eB3D-8!?h/L15134b/L7A8dY%`-8
P;4;7AD%B54;=-7 B3D-8 $%/27A=j/c158
B5<B5D-8\5Dj/2-= 794U=E7OSA/LPU`E8:X4;=<A`E1!:5<-\^4;8B54;8:Ia
2 ah'eA'(T&'!t!$[/L7A=c/
a p D-8 A/ \^B3`c/2PqT/2=%$%/AY-/L=c/T4;:XB3D-8T<2{8154;=-7<2NB5D-8T#-1346Y%8
B5<B3D-8 7A13<%<A}
? B3<_j81NR<915?D-4;:e`-B54;8:B5<2V!/21KYf:!B5D-8 :3<-\^4;8B$
A ah, ' p (!'T')&@t7A1^/AY%`c/LB54;<A=\^8138?<9=[$
#%$NR<AP;P;<2V!4;=-7T5B D-8 _j/2B5D<LNB5DE8ODc/213?h/-a
HEahj' '|X' ')&@tB5D-138Z/AY@?/2151346/27A8
A a'T,%.TX' p (+!'*t)B5DE84;=cY%8Z\4U:34;SA8)<A`-13=-8$m<2NeB3D-8
aE15<A?5B DE8=B5DE8 o 88M%:5Dc/L=c/m4;:B3D-80154;79D[BB54;?@8NR<91
7A13<%<A?}B3<MA/2:54jNs<A1lB5D-8 :^/2=%$[/L:K//2=cY@#-134;=-7A4;=-7D-4;?}#c/9\5M@B5< B5D-8@#-1546Y%8/2=cY5B D-87915<%<A?B5<C:58W8h8I/A\3Dn<9B5D-81Ia p D-8=B5D-8
B5DE8)DE<A`-:38 #%$B5DE8)_j/2158W=[B3:e<LNB5DE8 #-1546Y%8NR<91XB3D-8 ?/2151346/27A89a /2=-4T1K/LDc/2=j/T4;X: B3D-8TBK/2M%4;=-7 B3D-8TDc/2=jY<2NqB3D-8T#-1546Y%8<A1lB5D-8

_-13<f\8:5:<LNeB5D-8@c13:5B_-D%$[:346\/2P!\^<A=%B^/A\^B#c8WBVX88W=GB3D-8#E1546Y%8 4;B 4;=n/0:3<f\4b/LP;PU$m/A\W\^8_-B^/2#-P;8Vz/I$NR<91OB3D-8)^<2$m/2=jYCNR<91 B5D-8


/2=jYB5D-8!7915<%<A?v:5BK/L15B3:Za p DE8e,-/2_-B3Dc/2_j/AY%4-<91dB5DE8eV!/2P;M%4U=E7e<2N #-P;4;:5:!/2=cYNR<91XB3D-8 _-13<A7A8W=[$@<2NB5D-8 1^/A\^89a
:58WSA8=:3B58_-:d/L15<A`E=cY B3D-8l'e7A=E4[:34;7A=-4Qc8:wB5Dc/LBVX8l7A<!B3<A7A8WB5D-81
FZH-awTDc/213#-Dc/9Y-/2=c/L?`e4;:qB3D-8!/A\^B<2Nj:58^ Ns<A1qB3D-8l_-15<97A8=%$%a
4;=/2P;P!B5D-8:38SA8=_-P6/2=-8:@<2N \^<A=-:^\^4;<A`-:3=-8:3:h4;=_j81NR<915?@4U=E7 p D-4;:T4U:]:58B<A=mB3D-8hY-/I$CB5Dj/2B 4;: =-8W`-B51^/2PgNR15<9?B5DE8h\^<9:5?46\
B5DE8OY%Dc/L15?h/Ea p DE8 :58S98=0_-P6/L=-8:!<2NdB3D-8 l<A=-:^\^4;<A`-:3=-8:5: /L158 4;=%yc`-8=j\^8:PU4;M98B5D-8@?<%<A=-:T791K/IS%4;B$>/2=cYB5D-8@:5`-=E:O791K/IS%4;B$
:54;79=-4Qc8ZY#%$mB5D-8 o $%/2D-134;B5D-4;:<2NTB5D-8C /I$[/LB5D-134z&0/L=%B51K/Ea <A1d<9B5D-8W1XY%4;:5B3`-15#c/L=c\^8:!B3<O\^138Z/2B38)B3D-8lNR<%8B3`-:dNs<A1dB3D-8e94USA/B3<
p D-8 &0/L=-7[/LPb/:5`-B3D-1K/@eDj/21K/L=c/]4U:lB5DE8 B$%4U=E7 <2NB5D-8 B3D-158I/AY 8=%B581!4;=B3<OB3D-8em<9?# <2NB5D-8?<AB3D-81dB3<OB^/2M98eB5DE8e#-4;15B3DB3<
\^<9=[B^/24;=-4;=-7 B3D-8e?/213M[:g<2NqB5DE8 o 4;:3D-=%`<A1l,%D-4;SA/T4;=B5D-8T=-8I\5M _c8W1NR<915?D-4;: \^$-\^P;8O<LNXMA/213?h//2=cY B5<?h/LMA8TB5D-8_c/L158=%B5:TB3<
<2NB5D-8]#-1546Y%8T#%$B3D-8T7A15<%<9?>a
RN `-PQcPjB5D-8\^$-\^P;8)<LNdB5D-8TMA/213?h/Ea
Ua a;a p D-8TY%158:3:T_c/2B3B5813=0<A=>/LP;PB5D-8 o 8ZY%46\ &0/L151546/L7A8:!4;:!4;=
p D-81384;:O/Y%4;:5_-`EB58<2SA8W1 B5D-8_j<A4;=%BTB5Dc/LB V!D-46\3D>4;: B3D-8
_-13<[<LNO<2N B3D-8>_j81NR<A13?h/2=j\^8<2NOB3D-80?h/L15134b/L7A8^t S988M%:5Dc/L=c/-k \^<A=fNRA< 13?4;B$ V!4;B5D@B5D-8T?<-Y%8W15=hYE/I$:K\^4;8=%B54Qi\=-<A=@4U=fNR8Z\^B34U<9=
_c/L=-4;7A1K/LDc/2=j/-k :K/L_-B5Dc/L_c/AYf4k <91)?/2=-7%/2P6/:3`-B5DE1K/mY%Dc/L1K/L=c/0<91 Y%158W:5:5;4 =-7ja
B5DE8OB34U?@8e<LNXMA88W_-4;=-7B3D-8O#E4U=jY%4q4;=B5D-8]NR<9158 D-8I/AYa o /2134;<A`-:
aUa;a p D-8Y%8I\^<A1^/2B54;<9=GV!4;B3Dn?h/L=-7A<P;8Z/IS98:O<91B5D-8_j81Ns<A1t
`-=jY%4;B5:l8^-_-P6/24;=4;=hY%4Q{8158=%B!V!/I$%:Za `EBX/2P;PjB5D-8:38T_-1K/9\^B546\^8: ?h/L=c\^T8 <2NXB3D-8 D-<9?h/4;:e4;=>/Vz/I$@?<9158 /AY%SA/L=c\^8ZY:5$%:3B58?@:
Y%8_j8=cYf4U=E7<A=@B5D-8]158794U<9=c/2PSA/L1546/2B34;<A=-:l?h/I$#c8]_c81NR<A13?8ZY <2NB5D-8Tj_ <AP;P;`-B54;<A=\^<A=%B315<APq/LBe/7A13<A`-_@PU8WSA8Pa
<A1!?/I$O=E<AB!_j81NR<915?@8ZYa'eP;PNR<A13?}_c/213B!<2NdB5DE8 o 8ZY%46\ &0/L1t
aUa;a p -D 8TVl8Z/2134U=E7<2NlB5D-8<A13=c/2?@8=%B5:e/2BTB3D-8O\^8138?<9=%$0<2N
1546/L7A8 +!4;B58W:X:3<B5D-8O/L1579`-?8=%Bl4;:X`-=E=-8Z\^8:3:K/L15$%a
B5D-8?h/L51 134b/L7A8T4;:e4;=>\^<9=%NR<915?4;B$@V!4UB3D0B5DE8O'TY%SA/2=c\8ZYm&0/27Lt
F a.=?h/L=[$m,%<9`-B5D.=cY%46/L=n?h/L15134b/L7A8:B5DE4U:/9\^B4;:/ =-8B34b\!+*8 :5<9=c/2=j\^8 158S98=%B54;SA8T&8ZY%46\^4;=-8<2NB5D-8T158W:58=%BeY-/I$
?`-:3BZa p D-8 134b\8O?@4r-8ZYV!4;B5D0B3D-8 B5`E15?8W1546\T4;:e_j<A`-138ZY<2S981 &8ZY%46\/LP VX<915P6Ya
B5DE8OD-8I/AY%:<2Nd7A13<[<9?/2=cY@#-1346Y%8O#%$@#-1546Y%8/2=cY@7915<%<A?CaX'*N6t
aUa;a p D-!8 Y%8B^/24;P;:d<2NqB3D-8!NR<%<-Y4;:dB5DE8e?8IY%46\^4;=-8X_E158_c/L158ZY@B3<
B58W1!B5D-4;:!B5DE8158 V!4;P;Pj#c8 \^813BK/L4U=C\^8158W?<A=E4U8W:X<LN=c/L?8)\W/2P;P;4U=E7 P;8Z/AYTB3D-8!cD /L_-_%$):38^-`c/2PEPU4QNR8l/2=cY]4;:#j/2:58IY<A= B3D-8!'e$%`-1 o 8ZYE/
:54;=-794;=-7/L=cYn\815B^/24;=<AB3D-81B3D-4;=-7A:/L=cYn/LPUP!B3D-8:38>/2138h#j/It /2=cY4;:!_-1K9/ \^B546\^8ZY 4U=@B5D-8]VX8:3BeB3<[<ja
:546\/LP;PU$C/24;?8ZYC/2B]B5D-8@#-154;=-794U=E7hB3D-8#E1546Y%8/2=jYCB5D-8@7A15<%<9?
p D-4;:e4;e: B3D-8OV!4;:^Y%<A?/L:eB5DE<A`-79D[B#%$0<A`-17A138Z/2BTB58I/A\3D-81
=-8Z/L15814;=_-:3$f\3D-<9P;<A7A46\/LPq/2=cY@?@8=%BK/2Pj_c/LB5D-:Ia
,%154l,-/2B3D[$%0/ ,-/L4 Dj/27[/ISA/LB5D-_j/AY-//2=jYC4U:Y%8ZY%46\/LB58ZYCB3<0B5D-8
FAF9a'15`-=jY%Dc/2B3D-4 T/215:3Dc/2=j/2?4U:B3D-8C:5D-<2V!4;=-7m<LNB3D-8 P;<AB5`E:eNs88B L< Nz/2P;PX,-/L7A8:TV!D-<@NR<9`-=cYB5D-8Dc/L15?//2=jY0B3D-4;:
,-/L_-B5Dc/m+*4;:5D-4!&0/2=jY-/2P6/C/2=cYB5D-80:3?h/LPUPg:5BK/L1'e13`-=cY%Dc/LB5D-4 :K\^4;8=j\^8 <2NB5-D 8]?h/2131546/2798Aa
`-=cYf815=-8I/2B5DB5D-8:5B^/21 <LN o /2:5DE4U:3B5Dc/Ea p D-8O:34;7A=-4Qi\/L=c\^84;: B5<
158W?4;=cYB3D-8T_c/24;1!/2#j<A`-BlB5DE84;1e\^<A:3?46\!138:5_j<A=-:34;#-4;PU4;B34U8W:!B5D-8$
T0!d
Dc/IS98 B5<_j81NR<915?4;=CB5D-8\^<A?@4;=-7OV!/2P;M<2NlPU4QNR89a p DE8:58 :38SA8W=
:K/L7A8:T/2=cY@B3D-84;1!N/L?4;P;4r8:!/2138TB5D-8 <9154;7A4;=c/LB5<915:!<2NB5D-8 o 8ZY%46\
<9158<LNXB5D-8(*4;=cY%`-:Ia.=>?@8?<91546/2?<2NXB3D-8:58@7A138Z/2B :^/2798:
Vl8d=c/2?@8ZYB5D-8l:58WSA8=:5B^/215:4;= B3D-8z158Z/LB 8Z/21d\^<9=-:5B38P;Pb/LB54;<A=
/INsB581B5DE84;1d=c/2?@8:Za.B4;:B5DE8zT/213:5Dc/L=O<LNiB3D-8:38eT158Z/LBd,-/2798:
V!4;P;P138?4;=cYB5DE8\^<A`-_EPU8B3D-8D-8134;BK/2798B5D-8W$>Dc/IS98OB3<>\/L1515$
/2=jYB3D-8 8#-B!<2NdB3D-8T:K/2798:eB3<O#j8 _j81Ns<A15?@8ZYa
FZEaT134;Dc/2_-1^/ISA8:^/2?v4U:B3D-8eB^/2M%4;=-7T<2NB5D-8!#-1346Y%8e/2=cYB3D-8
7A13<%<A?}B3<B5D-8TD-<9`-:58 <LNB3D-8 7A13<%<A?>a
F a'e_-_c/L7A4;=%B5Dc/LP;`0<A1B5D-8Dj/2=cY%4;=-7<2SA81 <LNzB3D-8#E1546Y%8
B5<]B5D-8T_c/L158=%B5:l<2NqB3D-8e7915<%<A?u#%$:5B^/2B34U=E7 B5Dc/LBXJ9.Dc/ISA8!=%`-1t
B5`E158ZYB5D-4;:!\5DE4UP6YB34UP;P-B3D-4;:X/2798)/L=cY/2?uDc/L=cY%4;=-7T<2SA81lB5<]$A<A`
NR<91XB3D-8T_-15<97A8=%$h/L=cY_E15<A:3_c8W154;B$<LN$A<9`-1lN/L?4;P;$Aal<A=-:34bYf81
D-81 /L:e$A<9`-1eY-/L`-7AD%B58W1)/2=jY#c8B5DE8 7A`-46Y%8/2=cY_ED-4;PU<9:5<9_-D-81
NR<91!D-81!B54;P;P:5DE8)P;4;SA8W:!V!4UB3D$9<A`qa
p D-8h&/2=-7%/2P6/ o /246Y%$%/2P;`0<A1]B5D-8@4U=E:5B513`-?8W=[B3: B5Dj/2BO/L158
#-P;<2V!=G/L158@B5<m\^158Z/LB580B3D-8:58138=-8>/LB5?@<A:5_ED-81580/L?<A=E7hB3D-8
_j8<A_-P;8!V!D-<T7%/2B5DE8158ZYB3D-8138Aa'e:dB3D-8:38)/2138XB3D-8!1K/L7[/L:<LNiB3D-8
7A138Z/2B\^<A?@_c<9:5813:)B3D-8$C_-15<-Y%`j\^8B5D-8:3<A=-<915<9`-: /2=cY:58138=-8
8^{8Z\^B@<A=nB3D-8P;4U:3B58=E815:Ia p D-8&0/2=E7[/2P6/ o /246Y%$[/LP;`>V!4;P;PX#j8
<2SA8W1e/2B!B5DE4U:q`-=c\^B3`-158Aa
F a,%<9#-Dc/L=c/2?`4;:XB3D-8 `-_-B346/2P;:X/2131K/L=-7A8ZY#%$B5D-8T_c/L1t
8=%B5:]<2NXB3D-8O#E1546Y%84U=B5D-84;1T158W:546Y%8=c\8c13:5B /2=cY4;=0B5DE8158:t
46Y%8=c\80<2NTB5D-87A13<%<A?=-8fBIa p D-4;:O4;:B3D-8:5BK/L15B34U=E7m<2N)B3D-8
8=Z<2$[?@8=%B <2NeB3D-8 ^<2$C<2N)B3D-8:38^/L:OP;8Z/L15=-8IYn4;=mB3D-80T`%t
15`EM[`EPb/]#%$138Z/AY%4;=-7B3D-8 T/2?h/L:5Dc/L:5B3D-1K//2=cY@4;?_EPU8W?8=%B54;=-7

Вам также может понравиться