Вы находитесь на странице: 1из 92

Saturday 11 July 2015

X-Tve1rs0ion
Fujsmialfiler,lmm
ore affordable

Fancy a
ad our test!
of the amazing X-T1? Then re

Passionate about photography since 1884

10 commandments of

street
photography
Three top street shooters share their
expert tips for great reportage photos

Philip Jones

Griffiths
Major retrospective of the
legendary photojournalist

Canon
50mm f/1.8

The new version of Canons


most affordable prime

Worth the Earth


Images from Environmental Photographer
of the Year to stop you in your tracks

WILDLIFE WATCH Richard Peters shows how to get perfect pictures of pufns

$1 "$3 1+. . +$.


5$1)* $$" $*'
 "$3 . !* 5$1
+$1   $$" .'
" 5$1 *$! * " 3 5$1 !.
*!*  *.*+ " 4.*$*"*5
& +' .(+ 3" 5$1 3".  2*+. 
$!&. " 5$1* &$.' ( $$ $*  %!&4 +1&*6$$! 3. 1 ."  
1 /74 $&. 6$$! " 
$* .
$1*"5 3 !+ . $" ##77
5$1*  .*2 " $!&"$"'

  . .' 5 "+ 2"1 ! !&+. *.+' 


0 , ' +.* " " "' $' 7,,'

7days
If a picture says a thousand
words, then photographers
have the ability to convey a lot
of messages in a single shot.
Despite the fact that were
bombarded with images on a daily basis, the
right photo still has the ability to stop us in our
tracks to make us laugh, cry or reect.
In this issue we show you some images from
this years Environmental Photographer of The
Year competition (pages 30-33). The

In this issue
11 10 Street
photography
commandments
Three top street shooters
share their expert tips for
great reportage photos

28 Wildlife watch
Richard Peters shows
you how to get perfect
pictures of pufns
30 Life on earth
Images from Environmental
Photographer of the Year to
stop you in your tracks

JOIN US
ONLINE amateurphotographer.co.uk

Like us on
Facebook.com/Amateur.
photographer.magazine

Join our Flickr group


at ickr.com/groups/
amateurphotographer

Follow us
on Twitter
@AP_Magazine

ONLINE PICTURE OF THE WEEK


IMAGES MAY BE USED FOR PROMOTION PURPOSES ONLINE AND ON SOCIAL MEDIA

22 Exposing the
face of war
Philip Jones Grifths
images portrayed the
realities of the Vietnam
War. We speak to Will
Troughton, curator of the
legendary photojournalists
major retrospective

photographs portray different environments


or environmental issues, and almost every
photo in this years nalists made me stop
and study it. After reading the captions Ive
learnt a few things I didnt know before the
photographers have all conveyed their
messages well. The images will be on show at
the Royal Geographical Society in London
from 22 June-10 July, before touring the
country, so why not see these amazing shots
up close? Richard Sibley, deputy editor

36 Reader portfolio
Spotlight on readers
excellent images and how
they captured them
40 Appraisal
Expert advice and tips on
improving your pictures
from Damien Demolder
46 Fujifilm X-T10
Andy Westlake tests
Fujilms X-T10, which
promises the best bits
of the popular X-T1 at
a lower price
53 Canon EF
50mm f/1.8 STM
Canon has replaced the
EF 50mm f/1.8 II with the
all-new EF 50mm f/1.8
STM. Is it a bargain at
129? Michael Topham
investigates

Regulars
3 7 days
19 Inbox
44 Accessories
57 Technical
Support
90 Final Analysis

GREGORY KNOWLES

COVER PICTURE RUPERT VANDERVELL

A week in photography

Middle Black Clough by Gregory Knowles


Fujilm X-Pro1, 14mm, 1sec at f/11, ISO 200
This image was uploaded to our Flickr
pool. We see a number of landscape
images, and many utilise the visual
motifs of a rock in the foreground and
water captured with a long exposure.
However, Gregory has taken these
ideas and applied them to a scene that
is utterly captivating and unusual
considering its Peak District location.
The image was taken during a
particularly bad cold snap, which saw

Send us your pictures

this local photographic hotspot take on


a completely new form and
appearance, explains Gregory. I used
a long exposure to blur and smooth
the waterfall to contrast the jagged ice
formations. The resulting image was
slightly sharpened in Photoshop, but
has no other adjustments.
If youd like to see your images in print
upload them to our website gallery,
Facebook, Flickr or Twitter pages.

Each week we choose our


favourite picture on Facebook,
Flickr or the reader gallery using
#appicoftheweek. PermaJet proudly
supports the online picture of the week
winner, who will receive a top-quality print
of their image on the finest PermaJet paper.
It is important to bring images to life
outside the digital sphere, so we encourage
everyone to get printing today! Visit www.
permajet.com to learn more.

Win!

If youd like to see your work published in Amateur Photographer, heres how to send us your images:
Email Email a selection of low-res images (up to 5MB of attachments in total) to appicturedesk@timeinc.com.
CD/DVD Send us a disc of high-resolution JPEG, TIFF or PSD images (at least 2480 pixels along its longest length), with a contact sheet, to the address on page 20.
Via our online communities Post your pictures into our Flickr group, Facebook page or the gallery on our website. See details above.
Transparencies/prints Well-packaged prints or slides (without glass mounts) should be sent by Special Delivery, with a return SAE, to the address on page 20.

NEWS ROUND-UP
The week in brief, edited by Chris Cheesman

15mm 1:1 macro shift lens


The new Laowa 15mm f/4 macro lens boasts a 110 angle of view
on full-frame cameras, plus 1:1 magnification and a shift
capability (on APS-C cameras). Built from 12 elements in nine
groups, and using 14 aperture blade
419 macro lens also features an
extra-low dispersion element and
multi-layer low-reflective coating
reduce flare. Available in Canon EF,
Nikon F, Sony Alpha and Pentax K m
itll also be compatible with Sony E
cameras via a converter. The lens is due
out mid to end of July.

Manfrotto XPRO Ball Head


Italian tripod maker Manfrotto has
announced the launch of the XPRO Ball
Head. Designed for use on 190 and 055
tripods, the XPRO Ball Head features a
triple-locking system to help ensure
camera stability and avoid drifting. Also
included is a levelling-bubble. The XPRO
Ball Head is built to support up to 10kg. It
costs from 114.95. www.manfrotto.co.uk

Adobe
challenge

AUGUSTO SCHILLACI

North Korea
blocks Instagram

Photographer
shirks digital
Film conveys emotion and
texture, and achieves a
permanence digital cant, says
Augusto Schillaci, an American
fine-art photographer. He opted
for black & white film, mainly
using Ilford HP5 Plus, for a
shoot to promote Shinola
watches. I enjoy every part of
the process, from choosing the
film, to developing and printing
it in my wet darkroom, he says.
4

The secretive Peoples Republic


of North Korea appears to have
blocked access to popular
social networking service
Instagram within its borders,
news agency Associated Press
reports. Journalist Eric
Talmadge said the warning
appears when the app is opened
on mobile phones in Pyongyang,
and posted a screenshot of it
on his own Instagram page.

JAMIE SQUIRE / GETTY

Test your powers of


observation with Adobes
latest fakery-spotting
brainteaser, part of its
ongoing 25th birthday
celebrations. The
concept is
straightforward: 25
images, some of which are real, some of which are not. Its up to
you to sort the truth from fiction. Visit landing.adobe.com/en/na/
products/creative-cloud/69308-real-or-photoshop

WEEKEND PROJECT

Shoot a family event


All professional events photographers have to start
somewhere. No one wakes up one day and instantly
becomes an in-demand wedding photographer it
takes practice. A great way to gain experience is to
photograph an event for family or friends, whether
its a birthday bash, an engagement party or
christening. As long as its an occasion where
everyone is together and theres something
happening throughout, youll be able to tell a story
with a series of pictures. However, wed advise
against putting yourself forward as the official
photographer youll likely add unnecessary
pressure to taking photos and may end up with
compromised results. Just stay back, enjoy yourself
and take the best photographs you can.

Set your cameras clock


right. If youre going to
shoot with multiple
cameras or plan to edit images
in chronological order, setting
the clock on your camera will
allow images to display
correctly on your computer.

Often, the difference


between an average
portrait and a special
moment is just a split second.
Holding back your shutter
finger and waiting for a laugh,
smile or even eye contact will
result in more exciting images.

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

BIG

picture
The inaugural 2015
European Games
Last month saw the launch
of the rst European Games,
otherwise known as Baku 2015.
The games held in Azerbaijan
and featuring 6,000 athletes
from 50 countries competing in
50 sports are an international
multi-sporting event for athletes
representing the National
Olympics Committee of Europe.
The event courted controversy
with several news outts reporting
that they had been barred from
entering xtures. However, many
journalists did gain access and
here we see an image showing
the beautiful display of Julia
Echeberria Esquivel and Irene
Toledano Carmelo of Spain
competing in the Synchronised
Swimming Duets Free Routine
Final on day three of the games.

Words & numbers

Candid shots often


capture memorable
moments better
than posed settings

Shoot in raw and use


auto white balance to
take the stress out of
altering the white balance for
changes of lighting. Its best to
worry about this in postproduction and concentrate on
getting the best shots.

Bill Brandt
British photographer (1904-1983)

40,000
CALLUM MCINERNEY-RILEY

Remember youre a
guest. Dont hide behind
your LCD, or obsess
over checking your focusing and
that youve nailed every shot.
Instead, engage with your
subjects and enjoy being social
at this important occasion.

It is part of the
photographers job to
see more intensely than
most people do. He
must have and keep in
him something of the
receptiveness of the child
who looks at the world
for the rst time.

subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

Estimated number of images


Wikipedia says it would have
to delete under European
copyright plan to restrict
photos of public buildings.
For more details, see page 6

CHRIS CHEESMAN

AP is heading a
campaign
against
Committed to defending
your photographic rights!
controversial
European plans to restrict
photography of public buildings
which threaten to censor millions of
amateur and professional photos.
There are growing fears that
proposed changes to European
copyright law will require
photographers to obtain permission
from architects and possibly pay
them royalties before publishing
pictures of tourist attractions such as
the London Eye and the Shard, even
just on Facebook.
Similar restrictions on commercial
images are already in force in some
European countries but, so far, not in
the UK where the so-called
Freedom of Panorama applies.
AP has backed an open letter,
drawn up by Wikipedia operator
Wikimedia and published in The
Times, which has been signed by
organisations including the Bureau of
Freelance Photographers and the
British Photographic Council.
The letter calls on UK MEPs to
vote against the proposal in
Strasbourg, France on 9 July and to
defend our right to make and use
photos of public spaces.
AP Editor Nigel Atherton said, This
unnecessary attack on personal
liberty, designed to solve a problem
that doesnt exist, will fundamentally
transform photography in public
places. It will destroy the century-old
tradition of reportage and street
photography thats provided us with
such a rich and valuable visual history
of our collective past.
He added, Moreover, itll make it

RIGHTS
WATCH

There are fears the


new rules would hit
the publication of
London Eye photos

almost impossible for anyone to take


and publish photos that include
buildings and landmarks, which will
do irreparable damage to the hobby
and profession of photography. Its a
vindictive attack on our individual
freedom to enjoy public spaces, and
on the free distribution of information
and in the age of Google Street
View its completely pointless.
Stevie Benton, head of external
relations at Wikimedia UK, told AP
that Wikipedia would be forced to
remove an estimated 40,000
images if the European Parliament
votes through the law.
Benton fears other sites, including
Facebook, Flickr and Twitter, would
be deemed commercial meaning
users would need prior permission

before posting photos of landmarks.


Its a mess Were writing a letter
to MEPs today, said Benton who
explained that 15 countries would be
hit including the UK, Germany,
Portugal, Spain and Greece.
He added, Wikipedia can only use
images under open licence We just
wouldnt be able to use images of
European public spaces not covered
by Freedom of Panorama even if
the Shard is in the background of
holiday snaps.
Charles Swan, an intellectual
property rights lawyer and a director
at the Association of Photographers,
told AP, I just cant believe this is
going to happen. The feeling against
this is so strong. I think it unites the
whole country.

PETITION URGES ACTION BEFORE 9 JULY DEADLINE


AS WE went to press, more than 105,000
people had signed a petition against the
controversial European plans.
The change.org petition was started by
German photographer Nico Trinkhaus who
called on MEPs to bring Freedom of
Panorama to all European countries and
provide an undertaking to not limit the
Freedom of Panorama in any way.
On Facebook Trinkhaus posted the
following: This would have a huge effect
on many kinds of photographers, on
myself and maybe even on everyone who
just shares a photo on Facebook.
6

Meanwhile, the office of French MEP


Jean-Marie Cavada, who first tabled the
controversial proposal, claimed that
no-one in Europe has yet been sued for
commercial use of images not covered by
Freedom of Panorama which protects
photographers in certain EU countries.
Raphal Dorgans, the parliamentary
assistant to Cavada, appeared to play
down the potential impact of a change
in the law.
He attacked Facebook, suggesting that
the social networking site exploits users
regarding photos they post and suggested

his office would support a law where


Facebook itself, rather than its users,
would be responsible for asking the
right holders for authorisation to use
images commercially, and possibly also
pay them royalties.
Facebook had yet to respond to a
request for comment.
To sign the change.org petition visit
www.change.org/p/european-parliamentsave-the-freedom-of-photography?recruit
er=328523067&utm_source=share_
petition&utm_medium=twitter&utm_
campaign=share_twitter_responsive

NATIONAL MEDIA MUSEUM, BRADFORD

Fears over EU plan to


censor photos of buildings

Photo mystery
solved
THE identity of a girl
pictured in 102-yearold photos has been solved
by a member of the public
who came forward after
the pictures were
published on websites.
The mystery girl in the
1913 autochrome
portraits was thought to be
Christina, the daughter of
Mervyn OGorman, the
amateur photographer
who took them but
research showed
OGorman had no children.
The images were
recently published in
connection with an
exhibition of the Royal
Photographic Society
Collection at the National
Media Museum (NMM) in
Bradford, West Yorkshire.
After seeing the shots,
Stephen Riddle contacted
the NMM to say he had a
set of stereoscopic slides
by the same photographer,
Mervyn OGorman, passed
to him by his father-in-law.
The slides captions show
she was called Christina
Bevan and that OGorman
was a family friend.

Subscribe to

SAVE

36%

Visit amateurphotographer
subs.co.uk/15G
* when you pay by UK Direct Debit

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

Get up & go
The most interesting things to see, to do
and to shoot this week. By Jon Stapley

Watering
Melon, West
Bengal, India

AELTC

Amateur wins EPOTY 2015


of this image is revealed.
The Atkins CIWEM
Young Photographer of
the Year title was awarded
to Dipayan Bhar, also from
India, whos worked as a
photographer in Kolkata
for four years.
While the Atkins CIWEM
Environmental Film of the
Year went to Verity White
for a movie highlighting
the issue of litter on the
Norwegian coastline.
The best images are on
show in a free exhibition at
the Royal Geographical
Society in London until 10
July. Visit www.epoty.org

The tournament reaches its apex this weekend, with the singles
finals on Saturday and Sunday. Even if you havent got tickets for
the main event theres plenty of atmosphere to soak up and
photograph, on the hill and beyond.
Until 12 July, www.wimbledon.com
THE COAST
RICHARD JOHNS

organisers, Atkins CIWEM.


Entries for this years
competition were judged
on impact, composition
and originality, as well as
technical ability.
Competition judge Dr
David Haley said: Some
images immediately strike
a chord, some linger in
your mind... and some
pose more questions than
they answer, making you
want to nd out more.
As these qualities
become apparent in
Watering Melon by
Uttam Kamati, the
environmental signicance

BIRMINGHAM

Shipwrecked
Mariners Society
photography
competition

Singer Taylor Swift accused of rights grab


ISTOCK EDSTOCK

At Home with
Vanley Burke

Photographers are encouraged


to capture all things
sea-related for the
Shipwrecked Mariners
Societys competition.

Known as the Godfather of


Black British photography,
Vanley Burke has opened the
contents of his Birmingham flat
to Ikon Gallery. His collection of
prints and other objects related
to black culture in Britain are
sure to be fascinating viewing.

Deadline 7 August, www.


shipwreckedmariners.org.uk

From 22 July
www.ikon-gallery.org
LIVERPOOL

Open 1
Swift recently advocated for musicians rights

unable to sell their images on further if


the original publication declined them.
Swifts management responded in
a statement issued to the BBC: The
standard photography agreement has
been misrepresented in that it states that
any photographer shooting The 1989
World Tour has the opportunity for
further use of said photographs with
managements approval.

For the latest news visit www.amateurphotographer.co.uk


subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

Six photographers explore the


theme of social portraiture in
Open Eye Gallerys exhibition
dedicated to providing exposure
to emerging artists.

DEBORAH KELLY

AN open letter from a photographer


to singer Taylor Swift protesting that
she does not offer photographers a fair
deal has gone viral.
Jason Sheldon responded to Taylor
Swifts successful call for Apple Music to
pay its artists fairly by revealing what
appeared to be an authorisation for
photographers who shoot her concerts.
He describes the contract as a
complete rights grab. [It] demands you
are granted free and unlimited use of our
work, worldwide, in perpetuity, he said.
Sheldon told AP he was commissioned
by a regional newspaper to shoot a Swift
show in 2011, and that the contract
issued by Firey Entertainment Inc
(afliated with Swift) stipulated he had to
agree to a single use of his images.
This would mean that a photographer
[shooting] one of Swifts concerts could
end up uncompensated, as theyd be

VANLEY BURKE

AN amateur
photographer from
India has won
Environmental
Photographer of the Year
2015, bagging the
5,000 top prize.
Uttam Kamatis winning
image shows a couple
watering watermelon
saplings on the Teesta
riverbed in West Bengal.
Kamati, a lmmaker as
well as a photographer,
focuses on humanitarian
projects, transforming
these endeavours into
candid, touching scenes,
according to competition

Wimbledon

Until 23 August
www.openeye.org.uk

London Life
Part of a promotional book tour
by veteran London photographer
Colin OBrien, this exhibition at
The Society Club in Soho shows
off vibrant and eloquent images
of the city and its citizens over
the decades.
18 July-1 August
www.colinobrien.co.uk

LONDON

COLIN OBRIEN

UTTAM KAMATI

LONDON

V wpoint

L rs Rehm

ntly launched G4 flagship smartphone


us alternative to the more established
mpetition from Apple and Samsung

THE VIEWS EXPRESSED IN THIS COLUMN ARE NOT NECESSARILY THOSE OF AMATEUR PHOTOGRAPHER MAGAZINE OR TIME INC. (UK)

hen Samsung launched


its Galaxy S6 back in
March, I was convinced it
was going to be the best
camera smartphone of 2015. Since then,
the S6 has grabbed rst place in the
DxOMark Mobile rankings, conrming that
in terms of image quality the Samsung is
tough to beat. However, in the smartphone
sector things are moving fast. LG, Koreas
number-two consumer electronics maker,
has launched its new agship smartphone,
the G4, making me wonder if my
judgement was premature.
Like the Galaxy S6, the G4 uses a
16MP, 1/2.6in CMOS sensor that is
slightly larger than the 1/3in chips found
in Apples iPhones and many other
smartphones, but at f/1.8 its lens is even
faster than the Galaxys f/1.9 and the
3-axis optical image stabilisation system
offers a two-degree range, making it one
of the best in the smartphone business.
The contrast-detect autofocus is
supported by a laser sensor, and in
addition the G4 comes with a new
camera feature weve not seen on

The LG G4 boasts a top-of-the-range


f/1.8 lens and 3-axis image stabilisation

The G4 is making
me wonder if my
previous judgement
was premature
smartphones before: a colour-spectrum
sensor that reads infrared light in order to
recognise objects and RGB information to
analyse their colour. The data is then used
to optimise white balance and colour
processing. For those who like to capture
the occasional self-portrait, a front 8MP
sensor is combined with an f/2 lens.
Innovation is not limited to the camera
hardware. The stock camera app has
received a complete overhaul and, thanks
to full support of Android 5.1s Camera2
API, offers full manual control over ISO,
white balance and shutter speed, allowing
for long exposures.
Additionally, you get the option to save
DNG raw les, allowing for post-capture
ne-tuning in Adobe Lightroom or
another raw processor. At only 0.6
seconds, the camera shoots very quickly,
allowing you to capture decisive moments.
To ensure youve got enough storage
for those 16MP raw les and 4K videos,
the G4 comes with 32GB of memory that
is expandable via a Micro SD card slot.
The IPS Quantum Quad HD display
offers the same 2560x1440 resolution
as before, but comes with improved
contrast and colour, which should make it
ideal for image framing and viewing. To
top things off, an optional leather back
gives the G4 a real camera look and feel.
Its fair to say that on paper the G4
already looks like the current king of
smartphone cameras, and a worthy
alternative to the more established
competition from Apple and Samsung.

Lars Rehm is a freelance photographer and writer,


contributing to publications in the US, UK and Germany.
In his former role as part of DPReviews testing team,
he shot with countless digital cameras of all shapes
and sizes, but nowadays he captures most of his images
with a smartphone. Visit www.larsrehm.com or follow
him on Twitter @larsrehm

Do you have something youd like to get off your chest? Send us your thoughts in around
500 words to the address on page 20 and win a years digital subscription to AP, worth 79.99
8

The latest and best books from the


world of photography. By Oliver Atwell
HARRY GRUYAERT/MAGNUM PHOTOS

LG

New Books

Harry Gruyaert
Thames & Hudson, 40, hardback,
144 pages, ISBN 9-780-50054-448-8
MAGNUM has certainly been
delivering the goods recently. Not
content with a captivating recent
volume about Eve Arnold (AP 18
April) and a major exhibition of
Philip Jones Grifths (see pages
22-26) we now have a lavish tome dedicated to the
European master of colour and light, Harry Gruyaert.
This is the rst English-language monograph of
Gruyaerts work and it is a more than generous
introduction to the mans work. Harrys busy eye has
travelled the length and breadth of the world, and the
photographer has taken great pleasure in drawing out
the striking interplay of primary colours and gorgeous
light. There are some absolute gems contained within
this book, opening with Gruyaerts eerie 1972 series
TV Shots and ending with his more recent digital
imagery, a body of work that demonstrates that some
photographers never lose their touch. +++++

The DSLR Filmmakers


Handbook
By Barry Andersson, Sybex, 33.99, paperback,
456 pages, ISBN 9-781-11898-349-2
PERHAPS the best virtue of
the digital revolution is just how
democratic and accessible image
making has become to people
previously denied access. Its never
been easier for budding lmmakers
to get out with a DSLR and shoot
video to their hearts content. As a result, indie cinema
is experiencing a boom, with many low-budget writers,
directors and cinematographers nally able to realise
their visions with (hopefully) minimal compromise.
Therefore, any book that explores the fundamentals
is welcome, and here we have a rather exhaustive
guide. Pretty much everything youd want to know
(technically) is present and correct. Written in a clear
and easily digestible way, at no point do you feel things
are being skimped over. If youd like to know more
about video then youd also do well to get yourself
over to APs new spin-off site, The Video Mode
(www.thevideomode.com). +++++

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555


  







 0

  :     


 

 :

      


   

 9

    

    -(8 :0 /-+ ;5(- 55 4*  , +  ,158  : 6  @0$$: :@$.0.

 ' ===2)'52/2;*



  ' ===2+1&/8/2/2;*
 
 
 ' ===2/--5, 452(
 ' ===2<12/2;*

  
 ' ===2+ 1&/8/%41&(2/2;*

 ' ===2">8(/-;*2/,

 
 
 ' ===214*, 452/,
  ' ===214/ -84 2/2;*

 ' ===28 ,=/4*1&/8/2/,
  
 ' ===2= >1&/8/%41&(2/,
 
 
 ' ===2=(+*(-5/-2/2;*
 1 4(-%  /!8/> :3 8   4(
(82 !! 4 <+(
;+? 058 '  18 , 4 9@8& :@0#2

Technique

10
commandments

of street
photography

RUPERT VANDERVELL

Three top photographers share


their expert tips and insights
on how to get the best from
shooting on the street

Technique

STREET PHOTOGRAPHY

Antonio
Olmos

Short fixed-focal
lenses force you
to get close to
the subject

Antonio Zazueta Olmos is a Mexican


photojournalist who has worked extensively
in the Americas, the Middle East and Africa
covering issues of human rights, conflict
and the environment. He is a regular contributor to The Guardian
and The Observer, and his first book, The Landscape of Murder,
was published by Dewi Lewis in 2013. www.antonioolmos.com

First, make sure you have a good pair of shoes. If


youre serious about street photography youll be on your
feet all-day long, searching for that elusive image. Many of
my favourite shots have come after hours of walking.
People with bad shoes tend to give up much sooner than
those who are wearing comfortable shoes. Its not just the
shoes, though, as you should wear comfortable clothing
that reects the weather you are working in. Cheap shoes
lead to blisters I guarantee you Henri Cartier-Bresson
had good shoes. Dont carry too much gear, either try to
work with one camera and a couple of lenses. If you are
comfortable and not weighed down by your kit, you will
have a productive day. You should also drink lots of water
and take breaks, but when you take those breaks get a
table on the pavement or sit near a window. You never
know what will walk by while you are sipping your latte.

ALL IMAGES ON THESE PAGES ANTONIO OLMOS

2 Wear comfortable clothing

The best shots are


taken when you
are right in the
middle of
the action

A great image
comes from
perseverance,
patience and
complete focus

1 Most of your photographs will suck

I always say that taking photographs is like taking


notes you take a lot of them in the hope you will make
one thats amazing. A lot of people new to photography
are disappointed by how many bad pictures they take.
Well here is a little secret: everyone, even pros, take lots
of bad images. Like a writer with piles of notes, the
photographer must learn to edit his or her work and sift
through a stack of pictures to look for that one strong
image. I go out into the streets hoping to make one good
photograph. Most of my images are a disappointment.
Sometimes I try things and they just dont work.
Photography for me is about learning to live with
constant disappointment. If photography was easy, every
image we take would be brilliant. Photography is hard
because that great image is very difcult to get. When
you do street photography you are working in an
environment that you have no control over. People will
get in your way, the image will be gone before you raise
your camera to your eye, the light will change or you will
get the focus wrong. A million things will not work when
trying to take an image. A great image from street
photography comes from perseverance, patience and
complete focus on the task at hand.
12

I go out into the


streets hoping to
make one good
photograph
11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

3 Use short lenses

In my opinion, truly great street photography is shot


on 50mm, 35mm, 28mm or 24mm lenses. The 35mm
is my favourite, whether its tted to my Leica, Sony or
my Canon. In fact, I wish I had a zoom that went from
35mm to 50mm and nothing more, but those pesky
lens manufacturers just wont listen to me.
Zooms for the most part are not good for street
photography. You need to think and see like the lens on
your camera. If you shoot with just one lens you will learn
how the image will look. Short xed-focal lenses also force
you to get close to the subject. And that immediacy is what
makes great street photography. You feel like the
photographer is right in the midst of the action. Zooms
make you lazy. You stand around and zoom in on the
world instead of getting in the thick of it. Zooms are also
heavier and bigger than your average xed-focal-length
wideangle or normal lens. They make your camera stand
out, so youre more likely to get noticed when youre trying
to be discreet. Zooms are heavier and your neck and
shoulders will suffer, while xed-focal-length lenses are
lighter and smaller, which is essential in street photography.

People often read my


body language and get
a sense that I am
no threat to them

4 You have to like human beings

If you dont like people and think most of them are complete idiots, then I suggest
you steer well clear of street photography. I nd human beings endlessly interesting.
I love the way they move, I love their faces, I love the way they dress, I love how they
interact with the urban environment in fact, I love everything about them. Its a joy
taking their pictures, and I truly believe people can see that about me. They also read
my body language and get a sense that I am no threat to them.
If you walk around taking photos in the street, constantly worried about getting
mugged or questioned about what you are doing, you are going to give others the
sense that you are not comfortable.
13

Technique
Jerry Webb
Jerry worked in publishing as a designer,
followed by a number of years as an art
editor with EMAP. In 1988, he turned
freelance and has remained so ever since.
Despite moonlighting as a photographer
during his publishing days, Jerry took up photography for himself
in 2007 after buying a Nikon D80. He shoots mainly in monochrome
around Brighton and Hove. www.jerrywebbphotography.com

5 Proximity

How close you are to your subject can be signicant.


Good street work requires a reasonable wideangle lens
and using one usually demands that you are fairly close.
The closer you are, the more involved with the subject
you become and the more involved the viewer will feel
when looking at your photographs.
I use a 12-24mm lens, usually around the 12mm
mark, meaning I tend to work pretty close a lot of the
time. Experience tells me what will appear on the image
without making myself conspicuous by looking through
the viewnder. Adjusting the camera settings is another
way of making yourself conspicuous, so set them before
you begin taking photographs and leave them. With
condence comes a willingness to get in closer and
perhaps even to use ll-in ash.
Working closely does not necessarily prevent you
from shooting candids, which can be shot with the full
knowledge of the subject. Although contact does not
constitute pure street photography for many, interaction
does not prevent you getting strong images. Sometimes
you have no choice, so dont be afraid to ask. Talking with
your subject can provide you with valuable time to think
about what you want and the opportunity to direct. Some
of my best pictures are of people who have consented to
be photographed, but they are taken just before they think
the session has started or just after they think it has
nished. I then capture completely natural moments
often from positions too close for true candid photography.

Interaction does
not prevent you
from getting
strong images

ALL IMAGES ON THESE PAGES JERRY WEBB

Close-up shooting can still create a very candid look

Groups create natural


foregrounds that allow
you to lead the eye
into the photo

7 Choosing your environment

Dont be afraid to
shoot into the light

6 Working with different planes

Many of the best street photographs have both


foreground and background interest one can feed off
the other. Success in achieving this requires patience and
sharp intuition, but it can give a powerful dynamic to your
photograph. If the foreground relates to the background
this can help to create a good narrative, or perhaps a
great juxtaposition. Either way, leading the viewers eye
around the photo adds depth and interest.
Although snatching images on the street that work like
this involves good instinct and a degree of luck, you can
improve your luck with some foresight and planning. On
a simple level, nd an interesting background this can
be anything from a poster to a shop front, bold
typography or a group of people and just wait for
something to happen. This is the patience bit. Experience
will tell you what works best. I nd that having something
in mind often helps, but also try keeping your options
open for something more spontaneous, as many of
my favourite pictures are catching the unexpected.
Occasionally you get lucky and nd an accidental,
but witty, connection between the foreground and
background during processing. Sometimes there needs
to be no connection at all; simply having movement or
interaction on two planes (or even three) of the picture
can make a striking photograph.
Close proximity to crowds or being in a group creates
natural foreground and background interest if you are
using a wide lens. This has a deeper depth of eld,
making focusing easier. Purists may object to the natural
distortion of the lens, but it can add drama and tension.

Being a street photographer or just taking candid


pictures can be stressful at times and difcult to conceal,
so the environment you choose to work in plays a major
part, whatever your experience may be and however
good your technique.
Selecting where you photograph is absolutely key in
street photography. Location can not only dictate the
style of pictures and how you go about creating them,
but it also affects how you and those you are
photographing are feeling.
Choosing your local area gives you a number of
advantages. It gives you the benet of local knowledge, a
feel for where to look for pictures and an understanding
of the people, plus maybe a little added condence.
Investigating new locations can bring added excitement
and inspire new ideas, but returning to the same location
and using both your experience and knowledge of the
location can pay great photographic dividends.
As a general rule, the busier the environment the easier
photography can be and the more picture opportunities
there are available. After a while you develop an instinct
for whether the location will be fruitful or not. Public or
sporting events, or tourist areas, are ideal for people
photography and particularly suited to the novice or those
lacking condence. You will usually nd a greater
acceptance and a relaxed attitude to photographers, and
often such places are full of other people taking pictures.
This makes it so much easier to blend in and provide you
with a more relaxed photography experience.
One of my most successful (and lazy) techniques is to
nd a seat in a busy street or shopping area and just sit
there with a camera. I let the subjects come to me and
wait for groups of people, movement, unusual dress or
just interesting interaction, often buying myself an ice
cream or a drink. Looking relaxed while taking
photographs in public helps to avoid attention. Nervous
photographers are always more visible. If you nd a good
location, be patient and take plenty of shots as it may be
a while before you nd something better.

Simply having movement or interaction on two planes (or


even three) can help to create a striking photograph

Technique
Rupert Vandervell
Born and based in London, Ruperts
photographic style is highly representative
of his personality. Hes always been
obsessed with clean lines and the
geometrical appearance of things. Through
the lens he finds people captivating and his work explores our
relationship with the world and how we interact with our
environment. www.rupertvandervell.co.uk

8 Shoot at night

I love to shoot at night, especially during the winter


months when good daylight is scarce and it starts to get
dark around 5pm. I will sometimes spend hours on the
streets at night. If Im shooting for a specic project, I will
have in mind a place that I hope will provide the right
kind of scene and then work in and around it.
The one great thing about night photography is that
the light is always the same and it doesnt matter what
the weathers doing. In fact, if its wet youll have much
more to play with in terms of atmosphere. Places look
very different under the streetlamps and an area you
might not have considered for street work may suddenly
become a good hunting ground.
I treat night shoots in the same way as I do day shoots,
and to make it work you need at least one good light
source. I try to choose areas that have at least one main
streetlamp, which will hopefully dene the area where
I want to work. From there I nd the best viewpoint to
balance the scene regarding light, shadow and subject.
Additional lighting can come from car lights, reections
and shop windows. Im never too bothered about getting
a technically perfect shot at night. What I am looking for
is the right atmosphere. You will be shooting with a
higher ISO and a certain amount of grain is inevitable,
which is often what helps to make the shot more
authentic. People in the city become more isolated at
night as there are fewer of them around and the mood is
completely different to during the day. Ive always been
fascinated by the lm noir look those wonderful gures
in hats and overcoats emerging from deep shadows at
night always inspire me.
ALL IMAGES THESE PAGES RUPERT VANDERVELL

If its wet youll have


much more to play
with in terms of
atmosphere

A smaller camera is much


easier to conceal and you
wont be advertising what
youre up to

Between shots you can


hide your camera under
your jacket or in a pocket
as you move into position

9 Use a small camera and carry only the essentials

When I go out to shoot, I want to feel like Im one of the crowd, and blend in and
remain anonymous. The last thing I want to do is to draw attention to myself. I see guys
lugging bulky and heavy-looking cameras and gear around with them and wonder how
they manage. For street photography, carrying too much gear around with you is a
mistake. Its tiring and restricts your movements. I can be out for hours at a time and
I may get tired from constantly being on my feet, but never from carrying a heavy
camera bag. A smaller camera is easier to conceal and you wont be advertising what
youre up to. Between shots you can hide it under your jacket or behind you as you
move into position sometimes its all about stealth. I remember seeing Joel
Meyerowitz shooting on the streets of New York. He moved like a cat. You wouldnt
know what he was up to until it was too late and hed got the picture.
There are so many great small and lightweight cameras around. I use an Olympus
OM-D E-M5 with a 20mm lens. Its fast, small and very light. I prefer to use my feet to
do the framing and get myself into the right position for the shot. Street shooting is about
being in the right place. If you are more mobile, youll give yourself a better chance.
11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

Light changes very


quickly depending
on the time of year,
and shadows slide
into new positions

10 Be patient

You may nd a
place that you think will be
the perfect setting for a
shot, but something isnt
quite as you want it. The
light may not be right or
perhaps people havent
yet walked into the frame.
Some photographers are
too ready to move on if
they dont immediately see
something to their liking.
Its not just about looking
at whats in front of you, as
you have to look right into
a scene to see its potential.
A slight movement to the
left or right, or moving in
closer, can reveal a whole
new dimension to a shot.
I will always stay with an
area if I think it might yield
something. I get more
excited by the minute at
the prospect of capturing
just what I have in mind.
I love watching how the
light plays with a scene. Ive
learned to be very patient
and I wont leave until
I think Ive got the best
I can. The light can change
very quickly depending on
the time of year, and I have
watched shadows sliding
into new positions to create
a completely different feel.
When shooting people,
I try to anticipate their
movements and how they
might feature. You need to
be ready and poised for
that moment when they
hit the right spot.
If youre lucky and youve
combined the perfect light
with everything else, then
youll feel happy that you
waited around to get it.
Good shots come to
those who wait.
When shooting
people, I try to
anticipate their
movements

You have to look


right into a scene
to see its potential

17

Inbox

F
D E
A
C
B

Email amateurphotographer@timeinc.com and include your full postal address


Write to Inbox, Amateur Photographer, Time Inc. (UK), Blue Fin Building, 110 Southwark Street, London SE1 0SU

In AP 20 June we asked

LETTER OF THE WEEK

Do you still have your rst-ever


camera?
You answered

Its in the bag


Billingham, ONA, Domke and Think Tank
are all very good camera bags, so the
internet and numerous online surveys
reliably inform me. Yet for the majority of
amateur photographers like myself, these
are the Leicas of the camera-bag world
and realistically such an outlay is not
justiable or simply not nancially possible.
So Id like to give a shout out to the
budget end of the market. For well over a
year now Ive owned, and used every day, a
messenger-style canvas bag branded with
the name Courser (sometimes advertised
as Koolertron).
Yes, the canvas has faded in places, but
its still strong with no signs of fraying. The
stitching is still intact, and all studs and
buckles are still sound and in perfect
working order. It also came

Win!
Shadow play

with padded inserts. The purchase price


was 24 including p&p, and its large
enough to carry everything I need plus my
essential copy of AP.
Checking the same online retailer, the
bag is now 37 with free postage. And
when the one I have now nally gives up,
Ill have no hesitation in buying another!
David Richards, Dorset
Its important to make sure that your
camera gear is well protected and safe,
but just as you can spend 5 or 500 on
a shirt that at its core serves the same
function, so you can on a camera bag.
There are some great products available
at great prices, and were often surprised
at just how good value some items are
Richard Sibley, deputy editor

With ultra-fast performance, the new Samsung 16GB EVO SD card,


Class 10, Grade 1, offers up to 48MB/sec transfer speed and has a
ten-year warranty.
www.samsung.com

A Yes I still have it, but I never use it


B No its long gone and Im not bothered
C No its long gone, but I wish I still had it
D Yes, I still have it and use it
E Yes I still have it, but hardly use it
F Yes I still have it, but dont know where it is

35%
28%
24%
6%
6%
1%

What you said


I still have the Kodak Brownie 127 my parents bought
me for my 10th birthday. Nowadays the spec isnt up to
my requirements and you just cant get the lm for it
This is ancient history, cant remember what it was or
what became of it it was over 50 years ago
Would I want my rst camera today? No! Give me a
decent digital camera any day. I do still have some
pictures from it though, not necessarily the best but
they have nostalgic value
No. It was a Lomography Diana F+ camera kit. It cost
next to nothing in the 60s, with ashgun and half a
dozen ash bulbs. They still make them, but they go
for ludicrous amounts these days
I still have, and use, my Dads Kodak No 2 he bought in
1926, it was the rst proper camera I used in the 60s

This week we ask

my right eye has restricted


Your piece on shadow
vision from a childhood sports
portraits (Weekend Project, AP
injury, and learnt to use the
20 June) brought to mind
left controls despite being
Wayang Kulit, the Indonesian
right-handed. These cameras
Regarding the letter What
and Malaysian custom of
are now very low priced
about cameras for leftportraying events by the
despite being engineered with
handers? (Inbox, AP 13 June), gear-controlled shutter
shadows of puppets on a
in the days of lm the Exakta
white screen. It brought back
speeds and having highVX 1000 was the ideal
memories of 60 years ago
quality Zeiss lenses.
camera for left-handers, as
when I made regular visits to
Martin Cooper, Suffolk
the winder and shutter release
Malaysia and watched the
are on the left. I used one as
performances then. It may
I love the articles by Roger
Hicks, but I was bemused, at
rst, by his description of the
soldier behind carrying what
appears to be a tripod mortar
in Tim Pages ARVN Rangers,
Plaines des Joncs image
(Final analysis, AP 20 June).
Surely, I thought, this soldier
is in front?
Then I reected that my
mind clearly tends to objectify
what it sees in an image,
whereas Roger stays with the
subjective that is, the image
itself! This is despite the
fact that Ive been a keen
Shadow portraits featured as the Weekend project in AP 20 June
well have jolted the memories
of other readers, too.
Walter Fairbank, Wiltshire

Left eld

Do you own a 50mm lens?


Vote online at www.amateurphotographer.co.uk

Guess the camera

NIGEL ATHERTON

Analyse this

subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

Every other week we post a photograph of a camera


on our Facebook page and all you have to do is guess
the make and model. To guess the make and model of
this camera (above), head over to www.facebook.
com/Amateurphotographer.magazine. Forum
members can also enter via the forum.
The 20 June issues cover is from
18 October 2008. The winner is Kristof
Donn from Geel, Belgium whose correct
guess was the rst drawn at random.
19

INBOX

Contact

photographer and
reader of AP for nearly
70 years. Perhaps it explains
why Roger is a successful
professional photographer,
whereas I remain a stumbling
(albeit happy) amateur.
Graham Peglar,
Cambridgeshire

Amateur Photographer, Time Inc. (UK), Blue Fin Building,


110 Southwark Street, London SE1 0SU
Telephone 0203 148 4138 Fax 0203 148 8128
Email amateurphotographer@timeinc.com
Picture returns: Telephone 0203 148 4121
Email appicturedesk@timeinc.com

Subscriptions
Email magazinesdirect@quadrantsubs.com
Telephone 0330 3334555 or +44 (0)330 3330 233 (overseas)
One year (51 issues) UK 150.55; Europe e259;
USA $338.99; Rest of World 221.99

Camera hunt
I recently embarked on a
similar search to Andrew
Sanderson for his green
Pentax SP500 35mm
camera (My life in cameras, AP
13 June). My sister-in-law is a
professional photographer in
the Czech Republic, and
recently celebrated a big
birthday. Shes long been
pining for her Pentax K1000,
even though nowadays shes
fully digitised. So it wasnt
hard to think of a suitable
birthday gift for her.
Finding one on eBay wasnt
too tricky, but nding one that
looked as though it might
actually work was a little more
difcult. Eventually, I stumbled
on one being sold by a chap
who recovers cameras as part
of his business, and its now in
the Czech Republic being put
through its paces by its
delighted new owner. Happily,
apart from the meter needing
a new Wein Cell battery, its
proved fully functional.
Tony Turner,
Cambridgeshire

Printers may be relatively


cheap, but inks are expensive

Pricey prints

the cost of inks wont buy


As a 12-year-old I watched
printers. So manufacturers
my dad drop a sheet of
only have themselves to
photographic paper into a dish blame. They should be
of developer. When the image promoting the art of printing.
appeared I was absolutely
Instead, theyre simply scaring
mesmerised. It wasnt long
off would-be customers.
before I set up my own
G Durrant, Tyne and Wear
darkroom, which after nearly
20 years I reluctantly
Yes, inkjet inks are expensive
abandoned when I bought a
and, as Im sure you know,
DSLR two years ago.
thats largely because
Now, however, after buying
printer manufacturers use
an Epson Stylus Photo
the razor-blade model of
1500W printer, the magic of
selling printers cheaply and
making prints has come back making a prot on ink. Its
into my life. A great shot cries worth working out how
out to be seen in a frame on a much a print will cost, and
wall, not left to only ever be
factoring in the cost of the
viewed on my PC or to
printer, then comparing this
languish on a portable hard
to getting one-off prints
drive. Results from the Epson made at a lab. Its also
are great, but they dont half
worth remembering that
come at a price.
enlargers, trays, safelights,
Greed is a strong word, but
masking easels, chemicals,
printer inks are often referred toners and photographic
to as liquid gold. Its a
paper werent cheap,
no-brainer that many
either Richard Sibley,
photographers horried by
deputy editor

Test Reports
Contact OTC for copies of AP test reports. Tel: 01707 273 773

Advertising
Email mark.rankine@timeinc.com
Classied telephone 0203 148 2929. Fax: 0203 148 8158
Display telephone 0203 148 2516. Fax: 0203 148 8158
Inserts call Innovator on 0203 148 3710

Editorial team
Group Editor
Nigel Atherton
Group Editors PA
Christine Lay
Deputy Editor
Richard Sibley
Technical Editor
Andy Westlake
Deputy Technical Editor
Michael Topham
Technical Writer
Callum McInerney-Riley
Features & Technique Editor Phil Hall
Senior Features Writer
Oliver Atwell
News Editor
Chris Cheesman
Production Editor
Lesley Upton
Chief Sub Editor
Meike Abrahams
Art Editor
Mark Jacobs
Deputy Art Editor
Sarah Foster
Designer
Antony Green
Studio Manager
Andrew Sydenham
Picture Researcher
Rosie Barratt
Online Manager
Karen Sheard
Online Production Editor
Paul Nuttall
Digital Art Editor
Simon Warren
Digital Production Editor
Jacky Porter
Staff Writer
Jon Stapley
Photo-Science Consultant Professor Robert Newman
Senior contributor
Roger Hicks
Special thanks to The moderators of the AP website Andrew
Robertson, lisadb, Nick Roberts, The Fat Controller

Advertising
Advertising Director
Advertisement Manager
Account Manager
Production Coordinator

Mark Rankine
Felix Barlow
Simon Gerard
James Wise

0203 148 2516


0203 148 2508
0203 148 2510
0203 148 2694

Marketing

In next weeks issue On sale Tuesday 14 July

Surreal macro
insects

Vivid colours
and extreme
detail we look
at how to take
creative closeup shots of the
small lifeforms
around us

Leica Q
Its a new product line
for Leica, and may be
the companys best
digital camera yet

Master
depth of field
Mark Bauer shows how
to get front-to-back
sharpness in your
landscape images

Fujifilm 16mm
f/1.4 lens
NADAV BAGIM

Andy Westlake puts


the weather-sealed fast
prime for X-system
users to the test

20

Marketing Manager

Samantha Blakey 0203 148 4321

Publishing team
Chief Executive Ofcer
Managing Director
Publishing Director
Group Magazines Editor

Marcus Rich
Paul Williams
Alex Robb
Garry Coward-Williams

Printed in the UK by Polestar Group


Distributed by Marketforce, Blue Fin Building, 110 Southwark
Street, London SE1 0SU. Tel: 0203 148 3333
All contributions to Amateur Photographer must be original, not copies or duplicated to other
publications. The editor reserves the right to shorten or modify any letter or material submitted.
Time Inc. (UK) or its associated companies reserves the right to re-use any submission sent to the
letters column of Amateur Photographer magazine, in any format or medium, WHETHER PRINTED,
ELECTRONIC OR OTHERWISE Amateur Photographer is a registered trademark of Time Inc. (UK)
Time Inc. (UK) 2015 Amateur Photographer (incorporating Photo Technique & Camera Weekly)
Email: amateurphotographer@timeinc.com Website: www.amateurphotographer.co.uk Time Inc.
switchboard tel: 0203 148 5000 Amateur Photographer is published weekly (51 issues per year) on
the Tuesday preceding the cover date by Time Inc. (UK), Blue Fin Building, 110 Southwark Street,
London SE1 0SU. Distributed by Marketforce (UK) Ltd, Blue Fin Building, 110 Southwark Street
SE1 OSU. ISSN 0002-6840. No part of this publication may be reproduced, stored in a retrieval or
transmitted in any format or medium, whether printed, electronic or otherwise, without the prior
written permission of the publisher or the editor. This is considered a breach of copyright and
action will be taken where this occurs. This magazine must not be lent, sold, hired or otherwise
disposed of in a mutilated condition or in any authorised cover by way, or by trade, or annexed to
any publication or advertising matter without rst obtaining written permission from the publisher.
Time Inc. (UK) Ltd does not accept responsibility for loss or damage to unsolicited photographs
and manuscripts, and product samples. Time Inc. (UK) reserves the right to use any submissions
sent to Amateur Photographer Magazine in any format or medium, including electronic. One-year
subscription (51 issues) 150.55 (UK), e259.99 (Europe), $338.99 (USA), 221.99 (rest of world).
The 2015 US annual DEU subscription price is $338.99, airfreight and mailing in the USA by named
Air Business Ltd, c/o Worldnet Shipping Inc, 156-15, 146th Avenue, 2nd oor, Jamaica, NY 11434,
USA. Periodicals postage paid at Jamaica NY 11431. US Postmaster: Send address changes to
Amateur Photographer, Air Business Ltd, c/o Worldnet Shipping Inc, 156-15, 146th Avenue, 2nd
oor, Jamaica, NY 11434, USA. Subscriptions records are maintained at Time Inc. (UK), Blue Fin
Building, 110 Southwark Street, London, SE1 0SU. Air Business Ltd is acting as our mailing agent.

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

PHOTOJOURNALISM EXHIBITION

ALL PICTURES PHILIP JONES GRIFFITHS/MAGNUM PHOTOS

Exposing
W
War
ith the rise of
citizen journalism
and social media,
people have greater
exposure to pictures of conict than
ever before. There are fears from
some that, perhaps, the increasingly
graphic nature of these images
has desensitised us to what we are
seeing. At the time that Philip Jones
Grifths Vietnam photographs
were taken, however, they were
some of the rst to show the public
the full extent of the horrors of war.
What strikes you now, looking back
through the archives, with our more
jaded eyes, is how shocking and
moving they remain.
Its no wonder that Grifths rst
book on Vietnam, Vietnam Inc,
published in 1971, is regarded as
one of the pivotal photojournalism
books on the period. His natural
instinct for communicating emotion
and meaning shines through every
22

the
Face
of

Philip Jones Griffiths images


portray the realities of the
Vietnam War. Will Troughton,
curator of a current exhibition
of Griffiths archive, talks to
Karen Sheard

frame: a young boy cries over the


body of his sister; a farm worker
looks up to see armed soldiers
advancing towards his eld; an old
man, bandaged stumps jutting
towards us, gazes into the distance
with dignity and serenity.

Top: Quang Ngai,


Vietnam, 1967. A
US soldier observes
a woman and child
during a routine
search-anddestroy mission

I think the book is an inspiration


to anyone whos trying to be a
photojournalist, says Will
Troughton, curator of the National
Library of Wales, who was tasked
with exploring Grifths archives for
the current exhibition called A
Welsh Focus on War and Peace.
You can go through the book time
and time again and realise none of
the pictures are there as a ller,
adds Troughton. Every one is there
to put a message across.

Creating a narrative
What Grifths does so well is use
framing, juxtaposition and human
expression to create a story in each
image and help you connect with
what youre seeing. The captions are
integral in enhancing this narrative
and evoke a feeling of immediacy.
A young Viet Cong boy lays dying:
the caption tells us he fought for
three days with his intestines
strapped to his body in a cooking
bowl. A child chained to the bed
goes berserk whenever he hears
helicopters pass by: he is reminded,
we are told, of when his mother was
shot, dropping him from her arms.
Young Vietnamese patients lay
in hospital beds, their

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

Older soldiers
who missed
their families
often befriended
children and
sometimes dogs

PHOTOJOURNALISM EXHIBITION

expressions calm, but Grifths


explains they are not healing
fast enough and so have been left
there to die.
The captions tell you so much,
says Troughton, and help to inform
you far more about whats going on.
By giving you context, these
descriptions allow you to relate
to the photographs far better.
What makes his images most
striking is his ability to capture the
deep-seated calm and dignity of the
Vietnamese people in the face of
horror. Grifths had a great afnity
with the Vietnamese, seeing in their
quiet rural ways echoes of the
people he grew up around in Wales.
I think it was because they were
both rural agrarian communities,
Troughton tells us, but in both he
said there was a sense that you took
everything in, but kept it close to
your chest. I think what makes his
pictures special is that the people he
portrays are always allowed to
retain their dignity, even when
theyre suffering.
Although many of his images
show the American soldiers as
an impersonal force, juxtaposed
against the shock and fear of the
rural Vietnamese population, others
do portray sympathy with the
soldiers, showing their vulnerability
and acts of kindness.
I think he sees the GIs as victims
too, Troughton says, because they
were kids, 18 or 19 years old, from
farms and factories, being given a
gun and sent off to ght against a
very experienced guerrilla army in
the form of the North Vietnamese.
In the 1950s they kicked out the
French with their guerrilla tactics,

Right: This guerrilla


fighter had just
thrown a grenade,
killing one member
of the platoon and
wounding two
others. In the
resulting fracas,
he too was killed

Far right top:


The battle for
Saigon, 1968
Far right middle:
American GIs
often showed
compassion toward
the Viet Cong. This
sprang from a
soldierly admiration
for their dedication
and bravery
Far right bottom:
Pity the poor
fighting man in
Vietnam. The
problem was always
too much water or
too little

so theyd been ghting for the best


part of 20 years.

Changing opinions
Below: US policy in
Vietnam was based
on the premise that
peasants driven
into the towns
and cities by the
carpet-bombing of
the countryside
would be safe

Although he may not have blamed


the GIs themselves, some of
Grifths pictures do have an
anti-American slant: a fact that
didnt always help him get
commissions. However, his book
had a great effect on the American
people. The tide of war was already
changing, but his pictures, and ones

like it, helped visualise what was


really going on in a way words alone
could not. Troughton says: I think it
was a contributing factor that there
was this book here actually showing
people what they were perhaps
hearing or being told by GIs coming
back, but the book laid it out on
page after page, 300 photos, really
showing people what was going on.
Many of the images the public
had seen were in some way censored,
says Troughton, sometimes by the
photographers themselves, in order
to get their images published. He
was coming from a different angle,
he adds. Most of the pictures that
were being published showed the
American point of view how the
Americans were winning the war
and how bravely the GIs jumped out
of helicopters. When it came to
Grifths portrayal, he was showing
what was happening on the ground
to the ordinary people who werent
combatants, but who were caught
up in this. Its an aspect that I think
had been overlooked. It shocked
people when they saw what was
really happening.

Getting the shots


But getting the images wasnt easy.
Travel to Vietnam was expensive and
Grifths had to pay for the trip on
the back of other commissions. One
scoop, on a trip to neighbouring
Cambodia where he spotted Jackie
24

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

PHOTOJOURNALISM EXHIBITION

Kennedy on a clandestine holiday


with Lord Harlech (a former British
Ambassador to the US), helped pay
for much of his needs.
Grifths faced challenges
travelling around a war-torn
landscape. The US did provide
facilities for photographers, says
Troughton, of course he [Grifths]
kept fairly quiet about his real
reasons for what he was doing. As
far as they were concerned, he was
just another photographer.
Many of the other press would not
leave Saigon, getting their briengs
from the US military, but Grifths
didnt believe the ofcial line. He
was one of only an estimated third
of the Saigon press corps who did go
out, claiming to have visited every
province in Vietnam on his own to
nd out what was going on, often in
dangerous situations. Troughton
recalls nding one slide in the
archive, that simply says: Hu,
the city where I nearly got killed.
Many of Grifths images are
taken in the midst of danger,
sometimes showing people in the
process of dying or who were killed
soon after. With little ability to
intervene, Grifths also had to deal
with the horrors of what he saw. He
would often recount in interviews
years later that he still suffered
ashbacks, although at the time he
was able to disconnect.
Grifths says when he had
subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

25

PHOTOJOURNALISM EXHIBITION

Framing
A LOOK through Grifths contact sheets is
quite revealing, and gives an insight into how he
composed his pictures. He claimed he only
ever put the camera to his eye for three
seconds to take a picture, and believed good
composition on its own wasnt enough to make
a shot it also had to have strong content.

SIMON EVANS

He did the crying afterwards when he got home


and saw the pictures. I think he was able to adopt
this persona where he simply took photographs

Equipment
PHILIP Jones Grifths used a wide array of cameras
over his career, and had phases where he favoured
different models. The cameras shown above possibly
the ones used in Vietnam, where he used Nikon Fs
and Leicas were found in boxes in his archive
alongside a number of Olympus bodies, Contaxes,
Minoltas, underwater cameras, panoramic cameras,
digital cameras and small compact cameras.

Film use
Grifths was heavily inuenced by Henri CartierBresson and preferred shooting in black & white, but
the desire to nance his trips meant he needed to sell
images whenever he could and magazines wanted
colour. He shot colour slide lm, favouring
Kodachrome or Ektachrome, and then printed in
black & white for his own use. However, he felt new
lm tended to have a slightly green cast. Having
trained as a pharmacist, he came up with his own
method of incubating the lm in a dark box on the
roof of his hotel in Saigon, using the reaction from
the heat of the sun to get rid of the green cast.

26

been photographing one of the


hospitals he just took the
pictures and he did the crying
afterwards when he got home and
saw them, says Troughton. I think
he was able to adopt this persona
where he simply took photographs;
he was composing them, but in a way
he wasnt seeing what was there. He
was seeing it as a photographer.
Grifths knew the work he was
doing was important. He was a
rm advocate of photojournalisms
ability to document the truth
something he put into practice as a
lifelong member of Magnum and its
president for ve years. However, he
felt the agency was moving away
from its original focus of reportage.
I think prior to the age of digital
photography which he [Grifths]
didnt like he felt that a picture
didnt lie, what could be written may

or may not be truthful, but if you put


a picture in front of someone that
was absolute truth. Thats why he
felt photography was so important.

Griffiths legacy
Grifths would publish two more
books about Vietnam, Agent Orange
and Vietnam at Peace, returning to
the country more than 20 times. He
also worked in Northern Ireland,
Cambodia and visited over 100
countries in his career, often
seeking out stories himself rather
than waiting for a commission.
Grifths died in 2008, and left a
legacy of work that remains an
important part of history. His
archive offers a wealth of contact
sheets, cameras, documents,
personal papers and artefacts
stored at the National Library
of Wales.

The exhibition, Philip Jones Grifths: A Welsh Focus on War and Peace, runs until 12 December
at the The National Library of Wales, Aberystwyth, Ceredigion SY23 3BU. Tel: 01970 632 800 or
visit www.llgc.org.uk
11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

 ,         


  6"  60  *5 (
       
           36"
 8/$4 ). && !). 4$%4 $'!)+++/ 9)7 4#.

     
       
 +++   
    
    +
7..9 '4.$/ &)/ 5*1:16:*"

WILDLIFE WATCH

Atlantic puffins

Atlantic puffins are now at the height of their


activity and can provide a memorable photographic
experience, as Richard Peters explains
Puffins are found
around the north and
west coasts of Britain

About the Atlantic puffin


The distinctive puffin, with its comical colouring, is a firm favourite
with both photographers and bird lovers
Location Breeding colonies are found in North Yorkshire,
Northumberland and Wales, plus the Isles of May, Shetland
and Orkney.
Size Around 28-30cm (11-12in) tall, with the male generally
being slightly larger than the female
Nest Puffins nest in burrows underground
Diet Fish, with a particular taste for sand eels
Population There are an estimated 590,000 breeding pairs.

Richard Peters
Richard Peters is a UK-based wildlife
photographer whose passion stems from
watching natural history documentaries
in his youth. Now his photographs and
articles are published regularly, and his
images have won numerous awards.
www.richardpeters.co.uk

Tracking puffins from a distance and picking your moment carefully makes flight shots easier
Nikon D800, 600mm, 1/4000sec at f/7.1, ISO 800

PUFFINS are particularly enjoyable birds to spend


time with. Aside from their unmistakable appearance,
they appear full of character and humour. Watch as
they speed through the sky, apping their wings at an
impressive 400 beats per minute at up to 55mph,
before landing and then, in complete contrast,
waddling around awkwardly on the ground before
disappearing down a burrow and out of view.
Furthermore, many breeding colonies are accustomed
to human presence, making them easy to photograph.

ALL PICTURES RICHARD PETERS

Habitat

28

Lenses

Gimbal

Due to the close


proximity you can
get to puffins,
youll be able to
photograph them
with everything
from a wideangle to
a telephoto, so bring
whatever you have.

For flight shot


the ability to p
essential. With
counter-balan
flight shots
could be
incredibly
difficult and ti
on your arms.

KIT LIST

A puffin takes a rest among a sea of green on Skomer Island, south-west Wales
Nikon D800, 600mm, 1/1000sec at f/6.3, ISO 125

Pufns favour cliff-top nesting sites, where burrows


close to the cliff edge allow for easy take off and
landing, as well as a speedy retreat to safety from
other birds that mob them when theyre bringing back
food for their young. The burrows are packed very
closely together, which means any nearby footpaths
must be strictly walked on to avoid potentially
collapsing the ground. However, the picturesque
colony settings also mean theres never a lack of
beautiful scenery, making every pufn experience
a memorable one.

Best time to shoot


p p ly

Although they spend half their life at sea, pufns are


actually very easy to photograph in summer. This is
because they return to their breeding colonies from
March onwards, and once their eggs hatch they
become very active as they y back and forth from
sea to burrow with food for their young. The height
of this activity is between May and July.
11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

WILDLIFE WATCH

Technique

An APS-C format DSLR


with long telephoto and
teleconverter was used
to capture this shot
Nikon D7000, 600mm
with 1.4x teleconverter,
1/500sec at f/8, ISO 450

Shooting
advice
Mind your step
Pufns are very small and
show little fear of man. This
makes them easy to get
close to and photograph,
but it also means care
must be taken as burrows
can often be at the edges
of pathways. A poorly
placed tripod leg, or hastily
stepping as you spin the
camera round, could result
in injury of any inquisitive
birds that have decided to
wander under your feet
en route to and from their
burrow while you are
looking the other way.

Dress for
the occasion
The very nature of pufn
colony locations means
the weather is often
changeable. Sometimes it
can be cold, wet and hot in
the space of half an hour,
depending on the coastal
weather. The right clothing
will ensure youre able to
keep comfortable and
really concentrate on
taking photographs.

Time of day
On some breeding
colonies, such as the Farne
Islands in Northumberland,
the sky can be lled with
thousands of birds at
any one time.
However, depending on
which colony you visit and
when, youll be limited to
the time of day you can
gain access to shoot. For
example, the Farne Islands
will only allow access well
after sunrise, with mainland
departure way before
sunset. Unfortunately, for
those wanting that warm
golden light, its not
possible at this spot.
Skomer Island, however,
will allow overnight guests,
but you must book at least
six months in advance to
guarantee youll get
accommodation. Many
of the access restrictions
for day-trippers to
Skomer Island also apply
to those who visit the
Farne Islands.
subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

29

RIZALDE CAYANAN

Rizalde Cayanan
Sandstorm in the city,
Kuwait, 2011
Theres something near-apocalyptic
about this incredible scene captured in
Kuwait back in 2011. Kuwait is a city
subject to dramatic heat and weather
conditions, not least among them the
awesome displays of the regular
sandstorms. By choosing to frame and
compose his scene in this way, Rizalde
has given us a good sense of the vast
scale of the storm as it covers the city
in a rich red blanket of sand.

PHOTOGRAPHY AWARDS

Life on earth
We take a look at some of the incredible images shortlisted
for this years Environmental Photographer of the Year awards

he Environmental
Photographer of the
Year competition has
always been a hotbed of
incredible and, at times, almost
overwhelming images, and here
we look at some of the shortlisted

photos. The 111 images were chosen


from more than 10,000 entries
by amateur and professional
photographers of all ages from 60
countries. The overall winner of the
5,000 award, which was set up
in 2007 by the Chartered Institute

of Water and Environmental


Management (CIWEM), has just
been announced (see page 6). This
year the grand prize went to Uttam
Kamati for his inspiring image
Watering Melon. To see the rest of
the winners visit www.epoty.org

PHOTOGRAPHY AWARDS

Kazi Riasat Alve Collecting Crabs, Satkhira, 2014


KAZI RIASAT ALVE

Kazi is an award-winning
documentary photographer from
Bangladesh, who is particularly
interested in photographing people living
off the land and the consequences that
can occur when that land erodes or
disappears altogether. In this strong
portrait shot, we nd a gentleman by
the name of Majid on his way to market
after collecting crabs. Shooting from
such a low angle has given the subject
real dignity and poise. It has also meant
the blue sky contrasts beautifully with
Majids skin.

Luca Catalano Gonzaga


The Devils Gold,
Indonesia, 2014

HOANG LONG LY

We recently ran a story about


German photographer Kevin
McElvaney (AP 16 May), a
photographer who documented the
sulphur miners who risk their health
every day to work in East Javas Ijen
volcano. Here, in Luca Catalano
Gonzagas image, we see these
same individuals walking through
toxic fumes to earn a meagre living.
This particular image goes some
way to show the hostile environment
these men face every day.

Hoang Long Ly
Fishing Net Checking,
Vietnam, 2014
Hoangs images are notable for
their sincere degree of optimism
about the human spirit and our ability
to engage and be at peace with our
environment. This beautifully
composed image shows, as the title
suggests, a sherman checking the
nets that will hopefully capture him a
hearty bounty of sh. This is an image
that has so much going for it. The
light hitting the nets is a particularly
beautiful sight, as are the ghostly
breaths of mist to the left. Its also hard
not to be amazed by the design of the
shing mechanisms themselves.
CARLOS AYESTA AND GUILLAUME BRESSION

Carlos Ayesta
and Guillaume
Bression
Retrace Our Steps,
Fukushima, 2014
This image by French
duo Carlos Ayesta and
Guillaume Bression is part
of a wider project that began
two or three years ago. The
pair felt compelled to respond
to the series of disasters that
beset Japan, most notably the
2011 Fukushima Daiichi
nuclear power plant tragedy
that contaminated several
parts of the country. Here
we see a woman (actually
an actor) moving through
a real abandoned food store
as she searches for her
groceries among the
spoiled food and potentially
contaminated displays.
32

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

PHOTOGRAPHY AWARDS

LUCA CATALANO GONZAGA


JASHIM SALAM

EDUARDO LEAL

Eduardo Leal
Plastic Tree #20, Bolivia, 2014

Jashim Salam
Life in Tidal Flood 3, Bangladesh, 2014

It will probably stagger you to hear that the world consumes one
million plastic bags every minute. In fact, they were found by the
Guinness World Records to be the most ubiquitous consumer item in the
world. They are also one of the central sources of pollution worldwide.
Here, Eduardo effectively communicates the distances these pollutants
can travel on the wind as they spread like an infection.

This image of a barbers shop in Bangladesh is perfectly exposed


and composed. Its not often that you see an electrical enclosure as
a vital compositional element in an image. In addition, the balance of light
and shadow has framed the image perfectly, drawing our attention to the
action in the shop window. In a strange way the bicycles out front act as
rather unconventional leading lines, again shifting our gaze to the interior.

subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

33

 *"2 " # 1LNRQ


         
 

   

#" - !)*

 




  



    

3& #) #0
"-)*""

1LNRQ '6 '6/5 ERG\ 


1LNRQ '6 $)6 PP I* ,)(' .LW 
1LNRQ '6  $)6 PP I* ,)(' .LW 
1LNRQ '6  $)6 PP PP I* .LW 
1LNRQ ' '6/5 ERG\ 
1LNRQ '  0%' *ULS .LW 
1LNRQ '  $)6 PP I* (' 1LNNRU 
1LNRQ '  $)6 PP I* (' 1LNNRU 
1LNRQ '  $)6 PP I* $)6 PP I* ('
1LNNRU .LW 
1LNRQ 0%' *ULS IRU '

1LNRQ ' '6/5 ERG\ 
1LNRQ '  0%' JULS .LW 
1LNRQ '  $)6 PP I* (' 95 .LW 
1LNRQ '  $)6 PP I* (' 95 .LW 
1LNRQ ' '6/5 ERG\ 
1LNRQ '  0%' *ULS .LW 
1LNRQ '  $)6 PP I* (' 95 1LNNRU 
0%' *ULS IRU '

1LNRQ ' '6/5 ERG\

1LNRQ '  PP I* 95 '; ,)(' .LW

1LNRQ '  0%' *ULS .LW

1LNRQ ' '6/5 ERG\

1LNRQ '  0%' *ULS .LW

1LNRQ '  PP I* 95 '; ,)(' .LW

1LNRQ '  PP I* 95 '; (' .LW 
1LNRQ ' ERG\ RQO\

1LNRQ ' ERG\ PP I* 95,, '; .LW

1LNRQ ' PP I* 95 '; .LW

1LNRQ ' '6/5 ERG\

1LNRQ '  $)6 PP I* 95 '; .LW

1LNRQ '  $)6 PP I* 95 '; .LW

1LNRQ ' '6/5 ERG\

1LNRQ '  $)6 PP I* 95,, '; .LW 
1LNRQ ' '6/5 ERG\

1LNRQ '  $)6 PP I* 95 '; .LW

1LNRQ ' '6/5 ERG\

1LNRQ '  PP I* 95,, '; .LW

1LNRQ 'I  $)6 PP I* 6SHFLDO (GLWLRQ 
1LNRQ 'I '6/5 ERG\ FKURPH RU EODFN QLVK 
1LNRQ 'I  $)6 PP I* 63(&,$/ *2/' (GLWLRQ 

#" $ 2*-!

1LNRQ  9 PP  *ULS .LW


1LNRQ  6 PP .LW
1LNRQ  6 PP  PP .LW
1LNRQ  $:  PP I
1LNRQ  $:  PP I  PP I
1LNRQ  -  PP 3' =RRP OHQV EODFN
1LNNRU 95 PP I
1LNNRU 95 PP I
1LNNRU 95 PP I 3'=RRP
1LNNRU 95 PP I
 1LNNRU 95 PP I
 1LNNRU $: PP I
 1LNNRU PP I
 1LNNRU PP I
 1LNNR 
I

R
PP I 3'=RRP
1
SHHGOLJKW
1 R *
 *36 8QLW
0
S )7

#"

## %1
1
1

&

$
3




 
#) "**
PP I* $) '; (' )LVKH\H
$)6 PP I* ';
$)6 PP I* ,)(' ';
$)6 PP I* ,)(' ';
$)6 PP I* (' 95 ';
$)6 PP I* '; ,)('
$)6 PP I* 95 (' ';
$)6 PP I* 95,, (' '
$)6 PP I* 95 '; ,)('
$)6 PP I* 95 '; ('
$)6 PP I* 95 ,, '; ,)('
$)6 PP I* (' 95 ';
$)6 PP I* (' 95 ';
$)6 PP I* '; (' 95 ,,
$)6 PP I* '; 95

 
#) "**

PP I' $) ('







































               




 &KXUWRQ 6WUHHW /RQGRQ 6:9 /3 (QJODQG 7HO   )D[  
LQIR#JUD\VRIZHVWPLQVWHUFRXN 0RQ)UL DP  SP 6DW DP  SP

1LNRQ '
PP I' $) )LVKH\H
PP I' $)
PP I' $)
PP I' $)
PP I' $)
PP I' $)
PP I' $)
PP I' $)'&
PP I' $)'&
PP I' $) ,)('












   "- /


#) "**

$)6 PP I* ('



$)6 PP I* (' 
$)6 PP I*

$)6 PP I*

$)6 PP I* ('

$)6 PP I* ,)

$)6 PP I* ,)

$)6 PP I*

$)6 PP I*

$)6 PP I*

$)6 PP I* ,)(' 
$)6 PP I* (' 95

$)6 PP I' ,)(' 
$)6 PP I*

$)6 PP I* ,)(' 
$)6 PP I* (' 95

$)6 PP I* (' 95

$)6 PP I* (' 95

$)6 PP I* 95 ,, ,)(' 
$)6 PP I* 95 ,)('

$)6 PP I* 95 ,)('

$)6 PP I* 95 (' 
$)6 PP I* 95,, ,)(' 
$)6 PP I* 95 ,, ,)(' 
$)6 PP I( 3) (' 95 
$)6 PP I* 95 ,, ,)(' 
$)6 PP I( 95 )/ (' 
$)6 PP I* 95 ,)(' 
$)6 PP I* 95 ,)(' 
$)6 PP I( 95 )/ (' LQF 7&( (' WHOHFRQYHUWHU
 
7&( ,,, [ WHOHFRQYHUWHU

7&( ,, [ WHOHFRQYHUWHU

7&( ,,, [ WHOHFRQYHUWHU


   )#
#) "**

$)6 PP I* '; 0LFUR



PP I' 0LFUR

$)6 PP I* (' 0LFUR

$)6 PP I* 95 '; ,)(' 0LFUR

$)6 PP I* $)6 95 0LFUR ,)('

PP I' $) 0LFUR ,)(' 

#" % -*

6% 6SHHGOLJKW
6% 6SHHGOLJKW
6% 6SHHGOLJKW
6% 6SHHGOLJKW
6%5& &ORVH8S &RPPDQGHU .LW
6%5 &ORVH8S 5HPRWH .LW
68 :LUHOHVV 6SHHGOLJKW &RPPDQGHU
6%5 :LUHOHVV 5HPRWH 6SHHGOLJKW










". #.*
#)  "**

PP I 1LNNRU



PP I 1LNNRU

PP I 1LNNRU

PP I 1LNNRU 
PP I3 1LNNRU FKURPH

PP I 1LNNRU

PP I 1LNNRU


##!
#) ".  "**
PP I =RRP1LNNRU 



% .)%#* )*%-/


#"-)#  )#
#) "**

PP I' 3&( (' 1LNNRU 


PP I 3& 1LNNRU 
PP I' (' 3&( 1LNNRU 
PP I 0LFUR1LNNRU

PP I' (' 3&( 1LNNRU 
PP I 0LFUR1LNNRU 
PP I 0LFUR1LNNRU

3& 3HUVSHFWLYH &RQWURO 3&(7LOW6KLIW3HUVSHFWLYH &RQWURO

72 25'(5 7(/(3+21(  

)ROORZ XV RQ

#1LNRQDW*UD\V

% *" " - 1%-#"

#" I ( 3PP I+$'  #  -#"


,Q 1RYHPEHU  1LNRQ -DSDQ DQQRXQFHG D YHU\ VSHFLDO OLPLWHGHGLWLRQ EODFN DQG JROG PRGHO RI LWV 1LNRQ 'I FDPHUD 7KH
QHZ PRGHO ZDV RQO\ DYDLODEOH LQ -DSDQ LQ OLPLWHG TXDQWLWLHV DQG ZDV UHOHDVHG E\ WKH HQG RI WKH \HDU 7KH ERG\RQO\ PRGHO ZDV
UHOHDVHG LQ D OLPLWHG UXQ RI RQO\  XQLWV 7KH NLW HGLWLRQ LQFOXGHG D VSHFLDO JROG YHUVLRQ RI WKH $)6 PP I* 1LNNRU LQ D
XQLW UXQ 7R SDLU ZLWK WKH OLPLWHGHGLWLRQ FDPHUD 1LNRQ DOVR LQWURGXFHG D QXPEHU RI JROG DFFHVVRULHV ZKLFK LQFOXGH D JROG
VKXWWHU UHOHDVH $5* DQG D $1'&* PDWFKLQJ VWUDS
:LWK WKH 1LNRQ 'I *ROG 1LNRQ RSWHG IRU D PXFK PRUH VXEWOH DSSURDFK WKDQ WKH\ KDYH GRQH LQ WKH SDVW ZLWK WKH 1LNRQ )0 *ROG
DQG 1LNRQ )$ *ROG RQO\ JLYLQJ LW D IHZ JROG DFFHQWV ZKHUH WKH\ ZRXOG KDYH WKH
PRVW LPSDFW 7KLV VXEWOHW\ DOVR PHDQV 1LNRQV UHQGLWLRQ LV PXFK PRUH DWWUDFWLYH DQG
72 25'(5 7(/(3+21(
ZH DUH LQIRUPHG LW ZDV DQ LPPHGLDWH VHOORXW LQ -DSDQ *UD\V RI :HVWPLQVWHU DUH
 
GHOLJKWHG WR DQQRXQFH WKH\ KDYH VHFXUHG DQ H[DPSOH RI WKLV XQLTXH NLW 1(: 

)LQG XV RQ )DFHERRN ZZZIDFHERRNFRPJUD\VRIZHVWPLQVWHU

9LVLW RXU ZHEVLWH ZZZJUD\VRIZHVWPLQVWHUFRXN

Reader Portfolio
Spotlight on readers excellent images and how they captured them
Gary Turner, West Yorkshire
Landscapes and architecture feature most
prominently in Garys photographs. Working in
black & white really allows the details to be
captured, says Gary. Removing the distraction
of colour allows me to place the emphasis on
the lines, shapes and details in nature and in man-made
structures. Gary was recently introduced to street
photography, which he sees as a fantastic opportunity to
capture new images. He would also like to introduce a little
more colour into his portfolio.

Under the Humber


3

1 Gary has produced perfect symmetry in


this near-abstract representation
Canon EOS 7D, 10-20mm, 1/60sec
at f/8, ISO 100

Roker Rough Seas


2 This scene was a perfect opportunity to
experiment with a 10-stop ND filter
Canon EOS 7D, 10-20mm, 25secs at f/8,
ISO 100, tripod, ND filter, remote trigger

Hepworth
1

The Folly

3 Gary has achieved distinct leading lines


Canon EOS 1000D, 18-55mm, 1/250sec at
f/5, ISO 100
4

4 This is a beautiful
image of an iconic
structure at Castle
Hill in Huddersfield.
As Gary says, the
cloudy sky was
perfect for a long
exposure
Canon EOS 7D,
10-20mm, 60secs
at f/16, ISO 100,
tripod, ND filter,
remote trigger

5
36

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

YOUR PICTURES IN PRINT

The two Reader Portfolio winners


chosen every week will receive a copy of
Helicon Focus Pro innovative software worth $200. Visit www.heliconsoft.com
Helicon Focus is designed to merge several differently focused images into a fully focused one, thus allowing extreme depth of eld. You can produce
sharp images in one click, retouch results with special brushes and enjoy all the benets of state-of-the-art technology to make your images stand out

Submit your images


Please see the Send us your
pictures section on page 3 for details
or visit www.amateurphotographer.
co.uk/portfolio

By Whitby Pier
5 Gary was aiming
for a fine-art,
minimalist,
long-exposure image
here. Its a perfect
location to achieve
such an end and Gary
has succeeded
Canon EOS 7D,
10-20mm, 50secs
at f/16, ISO 100,
tripod, ND filter,
remote trigger

Stairwell Light
6 Gary found this scene in Bath and was
keen to capture the light streaming from the
stairwell. With just the right exposure he has
managed to achieve his goal and retained a
good amount of texture in the walls
Canon EOS 7D, 10-20mm, 15secs at f/13,
ISO 100, tripod, remote trigger

Blackstone Edge
7 With this image,
Gary converted it to
black & white and
tweaked the
Contrast, Levels and
Clarity settings. He
then added a vignette
and gradients to
darken the sky
Canon EOS 7D,
10-20mm, 1/80sec
at f/11, ISO 100,
tripod

7
subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

37

YOUR PICTURES IN PRINT

Dave Fieldhouse,
West Midlands

t was after a friend


commented on the high
quality of his holiday snaps
that Dave started to take
photography more
seriously. Within weeks he had
immersed himself in books and
magazines, and bought his rst DSLR.
As you can see from the images here,
Daves heart lies in landscapes and
enjoys the whole process.

The Boat Shed


1 This shot was taken on the banks of the
Swan River, just outside Perth, Australia. As
Dave says, its a simple composition, straight
down the jetty. The jetty is not as stable as it
appears and ruined a couple of Daves shots
Canon EOS 5D Mark III, 16-35mm, 200secs
at f/18, ISO 100, tripod, hard grad filter,
Lee Big Stopper
38

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

Reader Portfolio
Hamelin Bay
2 A fallen jetty in
Hamelin Bay, Western
Australia. Dave has
gone for a minimalist
style here. The
gulls are a huge
compositional bonus
Canon EOS 5D Mark
III, 24-70mm, 60secs
at f/16, ISO 50,
tripod, Lee Big
Stopper

Roach End Barn


3 Daves inspiration
for this shot came
from the scenes
captured by Old
Master painters. He
has achieved this
beautifully with
the side light hitting
the barn
Canon EOS 5D Mark
III, 16-35mm, 1/5sec
at f/16, ISO 200, soft
grad, tripod

3
4

Winnatts Pass

1
5

4 The glowing
foreground is a great
way to draw our eye
towards the main
point of focus in the
image the road. The
leading lines motif is
also present in the
dispersing vapour
trails in the sky
Canon EOS 5D Mark
III, 16-35mm, 0.4sec
at f/16, ISO 200,
hard grad filter,
tripod

Bamford Edge
5 Bamford Edge
in the Derbyshire
Peaks is a classic
well-known sunset
spot, says Dave.
The cliff rocks were
brightly lit by the
wonderful side light,
so I decided to focus
on these, rather
than the interesting
rock formations at
my feet
Canon EOS 5D Mark
III, 16-35mm, 1/5sec
at f/13, ISO 100, ND
filter, tripod

subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

39

Appraisal
Expert advice and tips on improving your photography from Damien Demolder
BEFORE

AFTER

Distant sunset
Alex Harford
Canon PowerShot G1 X,
15.1mm, 1/60sec at f/4, ISO 1000
IM REALLY not sure what were looking at
here, but Im guessing its some sort of circular
room with a roof in need of repair, and a view
over a valley or the sea. It reminds me of a
Greek beach caf thats seen better days.
Either way, what my eyes see are two

competing elements that make my brain hurt


as it tries to determine whether we should take
in the view rst or attempt to work out what
those patches of blue are in the upper half of
the frame. As soon as I settle to look at the
blue bits the sunset calls to me, and when
I draw my attention towards that dusky voice
the blue patches start playing the drums. The
experience is exhausting, and, if youll excuse
the hyperbole, could be used as a form of
torture to extract secrets from enemy spies.
Alex has found a fabulous place to be, but
hasnt decided what he wants us to look at rst,
which leaves us wandering. We need denite
direction and, as the two elements in this shot
are so powerful individually, the only option is
to sacrice one for the other.
Ive taken the decision to get rid of the blue
bits so I can sip my coffee and enjoy the view in
peace. With the blue patches gone we know
exactly where to look and, happily, our minds
can be at rest.

Released Andrew Wilson


Nikon D600, 28-300mm, 1/100sec at f/4.5, ISO 1600

BEFORE
ANDREW has caught an interesting moment
as this white-clad lady emerges from the
towering stone gates of this imposing building.
She might be stepping out of jail or out of
anywhere, actually, as Andrews contrast has
concealed much of the information we need to
know what sort of place it is. Those deep, dark
shadows hide even what the walls are made of
and ll much of the frame with blackness.
A lower-contrast approach, at the time of
shooting as well as in processing, would have
opened the shadows to reveal more of the
scene. The lady still stands out, as the contrast
between her and the background is more than
sufcient to ensure we look at her rst.
Andrews building also suffers from not being
quite straight, because the

AFTER
camera wasnt straight, so some rotating and
a bit of keystone correction have been used to
simulate what the picture could have looked
like perfectly lined up.
It is a common mistake to treat alreadycontrasty scenes with more contrast, when
in fact what they need is less.

A lower-contrast approach,
at the time of shooting as
well as in processing, would
have opened the shadows to
reveal more of the scene

Win!

Send up to six prints, slides or images on CD (include the original files from the camera along
Submit your images
with your versions on the CD). Tell us about the pictures and include details of equipment used
Please see the Send us your pictures section on page 3
and exposure settings. Send your images to Appraisal at the address on page 20. Enclose an SAE if you
want them returned. The picture of the week will receive a years digital subscription to AP worth 79.99 for details or visit www.amateurphotographer.co.uk

40

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

YOUR PICTURES

AFTER

Sea and stars Adrian Mills


Pentax K-5, Pentax 12-24mm, 67secs at f/18, ISO 100

BEFORE

THIS REALLY is quite something. Adrians astro


shot caught my eye immediately, as it stands
out for so many reasons. The colours are just
fabulous and the composition works perfectly
with that dramatic line of brightness coming
down almost to meet the sea. I also love the
square crop as it is unusual, but it suits the shot
perfectly. It is all very exciting, and quite wow.
What doesnt work for me quite so well is the
amount of image noise in the picture. I wonder
if perhaps 67secs at f/18 and ISO 100 werent
enough, and Adrian has had to lighten the

Picture
of the
week

frame to bring out the detail. There are slabs


of black noise in the sky that only disappear
when the sky is darkened.
Ive made a version using the colour from
Adrians original overlaid on the lower-noise
Green Channel Luminance, which does
make some of the noise go away, but which
misses the wonderful tones and colours of
Adrians shot.
Noise or no noise, I still think this is an
amazing picture, and one well deserving of
my picture of the week prize. Well done.

Damien Demolder is a photographer, journalist and photographic equipment expert, speaker, judge and educator. He has worked in the photographic publishing industry for 17 years, including 15 years at
Amateur Photographer. He uses a wide range of equipment, from wooden plate cameras to the latest DSLRs, and is a great fan of all products that make good photography more accessible to more people
subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

41

I WOULD LIKE TO SUBSCRIBE TO AMATEUR


PHOTOGRAPHER AND SAVE UP T0 36%

Pay only 23.99 per quarter by UK Direct

Debit SAVING 36% on the full price of 37.64

BEST
DEAL

2 year UK credit/debit card subscription, paying just 192.49,


saving 36% off the full price of 301.10

year UK credit/debit card subscription, paying just 104.99,


1saving
30% off the full price of 150.55
OVERSEAS SUBSCRIBERS SAVE UP TO 24%.
Visit www.amateurphotographersubs.co.uk/15G and select your country
from the drop down OR call +44 (0)330 333 4555 and quote code 15G

Your Details
Mr/Mrs/Ms/Miss:

Forename:

Surname:
If you would like to receive emails from Time Inc. (UK) Ltd. and Amateur Photographer containing news, special offers,
product service information and, occasionally, take part in our magazine research via email, please include your email
below.

O SAVE MONEY ON THE COVER PRICE


EVERY WEEK
O NEVER MISS AN ISSUE
O ENJOY CONVENIENT HOME DELIVERY
O GO DIGITAL! DOWNLOAD YOUR
MAGAZINE RIGHT AWAY. EVERY
SUBSCRIPTION PACKAGE INCLUDES
ACCESS TO THE DIGITAL VERSION FOR
IPAD AND IPHONE*
O GET EXCLUSIVE EXTRAS WITH REWARDS
EVERY MONTH

Email:
Address:

Postcode:
Country:
Home Tel No (inc. area code):
Would you like to receive messages to your mobile from Time Inc. (UK) Ltd. and Amateur Photographer containing news,
special offers, product and service information and take part in our research? If yes, please include your mobile phone
number here.

Mobile No:
Date of Birth:

M M

D D

Y Y Y Y

CHOOSE FROM 3 EASY WAYS TO PAY


1. I enclose a cheque made payable to Time Inc. (UK) Ltd., for the
amount of ______________________

2. Please debit my: Visa V isaDebit M asterCard Amex M aestro (UK only)
Card No:
Maestro:



 
  
(UK only)

Expiry Date:

Start Date:

(Maestro only)

Signature:______________________________ Date: __________________


I am over 18

3. Pay 23.99 per quarter by Direct Debit (complete your details below).
Instructions to your bank or building society to pay by Direct Debit
For office use only Originators Reference - 764 221

Name of Bank:
Address of Bank:

NEW!

Monthly extras.
Exclusive for
subscribers.

Postcode:

  

Name of Account Holder:


Acct No:

Sort Code:

Please pay Time Inc. (UK) Ltd., Direct Debits from the account detailed on this Instruction subject to the safeguards
assured by the Direct Debit Guarantee. I understand that this instruction may remain with Time Inc. (UK) Ltd. and if so,
details will be passed electronically to my bank or building society.

e to get even
join Rewards for fre
Subscribe today and
ked offers, unique
pic
nd
Ha
.
ine
gaz
more from your ma
lusive for
ssable prizes exc
giveaways and unmi
subscribers.

at
s
Join Rewardsto
her.co.uk/reward
amateurpho grap

Send coupon to: Amateur Photographer Subscriptions,


FREEPOST RTKA-YLJG-HAAK, Time Inc. (UK) Ltd, Rockwood
House,9-16 Perrymount Road, HAYWARDSHEATH, RH163DH
(No stamp required)

Offer open to new subscribers only. Direct Debit offer is available to UK subscribers only. Please allow up to six weeks for delivery of
your rst subscription issue (up to eight weeks overseas). *The digital version comes free with the print edition of your subscription
and is available strictly on a trial basis. Time Inc. UK Ltd reserve the right to withdraw free access to the digital version at any time.
The full subscription rate is for (1 Year) (51 issues) and includes postage and packaging. If the magazine ordered changes frequency
per annum, we will honour the number of issues paid for, not the term of the subscription. Offer closes 31.08.2015. For full terms
and conditions, visit www.magazinesdirect.com/terms. For enquiries from the UK please call: 0330 333 4555, for overseas
please call: +44 (0)330 333 4555 or e-mail: magazinesdirect@quadrantsubs.com. Calls to 0330 numbers will be charged at
no more than a national landline call, and may be included in your phone providers call bundle. The Rewards scheme is available
for all active print subscribers of magazines published by Time Inc. UK, free of charge. It is also available to digital subscribers as
long as the subscription has been purchased directly through the publishers at magazinesdirect.com. Only the recipient of the
subscription is entitled to access Rewards. While most offers are only available in the UK, some will be open to subscribers based
overseas. Full terms and conditions are available at mymagazinerewards.co.uk. Amateur Photographer, published by Time Inc.
(UK) Ltd. will collect your personal information to process your order. Amateur Photographer and Time Inc. (UK) Ltd. would like to
contact you by post or telephone to promote and ask your opinion on our magazines and services. Please tick here if you prefer not
to hear from ime Inc. (UK) Ltd. . Time Inc. (UK) Ltd. may occasionally pass your details to carefully selected organisations so
that they can contact you by telephone or post with regards to promoting and researching their products and services. Please tick
here if you prefer not to be contacted . Time Inc. (UK) Ltd. who publish Amateur Photographer would like to send messages to
your mobile with offers from carefully selected organisations and brands, promoting and researching their products and services.
If you want to receive messages please tick here . Time Inc. (UK) Ltd. would like to email you with offers from carefully selected
organisations and brands, promoting and researching their products and services. If you want to receive
these messages please tick here .
CODE: 15G

0330 333 4555


Quote code 15G

7 days a week from 8am to 9pm (UK time). Overseas: +44 (0)330 333 4555

d
n
a
e
b
i
r
c
Subs

SAVE
UP TO

36%

amateurphotographersubs.co.uk/15G

Complete the
coupon opposite

THE DIRECT DEBIT GUARANTEE This Guarantee is offered by all banks and building societies that accept instructions to pay Direct Debits If there are any changes to the amount, date or frequency of your Direct Debit
Time Inc. (UK) Ltd. will notify you 10 working days in advance of your account being debited or as otherwise agreed. If you request Time Inc. (UK) Ltd. to collect a payment, conrmation of the amount and date will be
given to you at the time of the request If an error is made in the payment of your Direct Debit, by Time Inc. (UK) Ltd. or your bank or building society you are entitled to a full and immediate refund of the amount paid
from your bank or building society If you receive a refund you are not entitled to, you must pay it back when Time Inc. (UK) Ltd. asks you to You can cancel a Direct Debit at any time by simply contacting your bank or
building society. Written conrmation may be required. Please also notify us.

Accessories

Useful gadgets to enhance your photography, from phones to filters

Lowepro Pro Runner


RL x450 AW II
296 www.lowepro.co.uk

Is Lowepros roller-friendly Pro Runner the


best bag for photographers on the move?
Michael Topham puts it to the test
At a glance

Front
compartment
The front compartment
can accommodate a 15in
laptop, 10in tablet and any
additional filters or
accessories.

Switches from a roller bag to a

backpack and vice versa


Dedicated space for a laptop,

tablet and graphics tablet


Sturdy urethane wheels for smooth

Versatile design

rolling transportation

ALL PRICES ARE APPROXIMATE STREET PRICES

THE NEW Lowepro Pro Runner RL x450 AW


IIs versatile design, which allows you to carry it
as a backpack or roll it beside you, is perfectly
suited to travelling. With contoured shoulder
straps, padding on the back panel and a
removable waist belt, its as comfortable to
carry on your back as it is to pull along.
Inside, theres a host of internal dividers to
arrange your kit as youd like. At full capacity
I managed to cram in a pro-spec DSLR with
70-200mm f/2.8 lens attached, four additional
lenses including a 24-70mm f/2.8, as well as a
spare pro-spec DSLR body and a ashgun.
Despite Lowepros Pro Roller X200 AW having
more internal space, the RL x450 AW II is more
comfortable on your shoulders and offers
superior compartments at the front, which can
accommodate both a laptop and tablet. Theres
a thin accessory case thats ideal for storing
portable hard drives, chargers and cables as
well as a built-in all weather cover and straps
that combine with a SlipLock tripod cup to
secure a pro-spec tripod.

Verdict
Its quite a statement, but having used the RL
x450 AW II extensively, Im left with the lasting
impression that its the most versatile camera
bag Ive ever used. Its not light (4.3kg), but its
dual-purpose design is superbly implemented
and the zips and material used in its
construction are second to none.
44

When its used as a roller


bag, the shoulder straps can
be tucked away and the
waist strap removed.

Zips
The zips pull around the
bag effortlessly. Their YKK
locking design allows you to
secure them together with a
small padlock.

Carry-on
compatibility
The bag is designed to be
carry-on compatible, but always
check that dimensions comply
with your airlines carry-on
baggage requirements.

GOLD

THE PRO RUNNER AW SERIES


The RL x450 AW II is the largest and most expensive mode
Lowepros Pro Runner series. If you like the sound of the RL
x450 AW II but would prefer a lighter alternative, the Pro R
BP 450 AW II (2.91kg) without a grab handle and rolling wh
is worth a closer look. With comparable internal dimensio
is capable of holding just as much gear as the RL x450 AW
and costs 80 less. The smallest backpack in the range is
Pro Runner BP 350 AW II (184), and is designed to be even
more compact while maximising internal space.
11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

G-Technology G-Drive
ev ATC with Thunderbolt
180 www.g-technology.com

The latest photography kit and


technique at your ngertips

GOLD
I REGULARLY use portable hard drives for taking my images, videos
and documents to and from work. However, the nish on them tends
to get a little battered and the inevitable knocks my bag takes during
the commute have made me realise I may do some damage to the
hard disk drive.
There are a few rugged hard disk drives on the market, but
G-Technology has come up with a particularly good solution. The
G-Drive ev ATC is a hard drive tted inside a waterproof and drop-proof
rugged case. Out of the box, it has a 1TB disk that spins at a rate of
7,200rpm and is available in Thunderbolt or USB 3.0 versions. Theres
no need to ddle about with plugging in external cables, as its powered
by the Thunderbolt or USB 3.0 connections, and the leads are built into
the case and come with a protective rubber cap.
When in the case, the hard disk is rated as being able to withstand a
2m-drop on to a carpeted concrete oor and it can survive in up to 1ft
(30cm) of water for up to 30 seconds but, brilliantly, it oats, so this
shouldnt be too much of an issue. As an added bonus, the case
provides pressure resistance and also prevents dust creeping in.
However, the really great part is that its compatible with the standard
G-Drive ev and G-Drive ev SSD ranges so you can pop out the 1TB disk
it comes with and insert another drive. This is useful if you already have a
drive, or wish to use an SSD drive for even faster transfer speeds.
Ive been using the drive for a month or so now its travelled in my
bag, been on planes and gone out shooting along with my laptop and
I cant fault it at all. Obviously, Ive knocked and kicked it about far more
than Id normally treat a hard disk drive, but its still working perfectly.
As for the transfer speed, Ive been using it with the built-in
Thunderbolt lead to store and edit video and as a scratch disk in Adobe
Premiere. So far, its performed brilliantly all round.
If youre a photographer or
videographer who
regularly carries a
disk with you, or
you sometimes
nd yourself editing
in the eld in a
far-from-perfect
environment, I highly
recommend the G-Drive ev
ATC with Thunderbolt.
Richard Sibley
subscribe 0330 333

More great pictures


More technique
More opinion
More inspiration
Download online, enjoy ofine
Buy from the comfort of your own home
Available the day the magazine goes on sale
Missed an issue? Simply download a back copy

Try it today
www.amateurphotographer.co.uk/digital-edition

45

Testbench

CAMERA TEST

At a glance
16.3-million-pixel, APS-C
X-Trans CMOS II sensor
ISO 200-6,400 (raw),
100-51,200 (JPEG)
2.36-million-dot
OLED viewfinder
3in, 920,000-dot tilting LCD
New 77-area AF system
8fps continuous shooting
499 body only

Fujifilm X-T10
Andy Westlake tests Fujifilms X-T10, which promises
the best bits of the popular X-T1 at a lower price
For and against
Traditional control dials
make shooting a pleasure

Where in the range

Fujifilm X-T1
Price 880 body only

Screen isnt touch-sensitive

The superb 16.3MP


X-T1 offers excellent
image quality
in a rugged
weathersealed body
with a huge array of
control dials

Limited ISO range in raw

Fujifilm X-A2

Sub-par video quality

Price 350 with


16-50mm lens

Excellent viewfinder
Compact, portable
body design

Fujifilms entry-level
CSC uses a 16.3MP
Bayer-type sensor in
a small body with
much simpler
controls

46

Data file

The X-T10 gives


attractive images
straight out of
the camera with
minimum fuss

ujilms DSLR-like X-T1


was undoubtedly one of
Sensor
16.3MP, APS-C X-Trans CMOS II
the standout cameras
Output size
4896x3264 pixels
of last year. With its
Focal length mag 1.5x
combination of excellent image
Lens mount
Fujifilm X
quality, dial-based controls and
Shutter speeds 30-1/32,000sec + bulb
a rugged, compact body design,
ISO
200-6,400 (raw), 100-51,200 (JPG) it earned numerous awards
Exposure modes PASM, auto
including our own Premium
Metering
Multi, spot, average
Compact System Camera of the
Exp comp
3EV in 1/3 steps
Year and our Reader Product of
Drive
8fps
the Year at the 2015 AP Awards.
Movie
Full HD at 60, 50, 30, 25 or 24fps Now Fujilm is trying to build on
Viewfinder
2.36-million-dot OLED, 0.62x mag this success with the launch of its
AF points
77-point hybrid AF
simplied little brother in the shape
Display
of the X-T10.
3.2in, 920,000-dot tilting LCD
The idea is clearly to offer
Memory card
SD, SDHC, SDXC
a sensible subset of the X-T1s
Power
NP-W126 rechargeable Li-ion
features in a camera that offers
Battery life
Approx 350 shots
a similar handling experience, but
Dimensions
118.4x82.8x40.8mm
at a lower price. To this end, the
Weight
381g (with battery and card)
X-T10 uses the same
11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

16.3-million-pixel, X-Trans CMOS


II sensor (which includes on-chip
phase-detection pixels for
autofocus), alongside Fujilms
EXR Processor II. It has a
cosmetically very similar DSLRstyle design, with a centrally
mounted electronic viewnder
and tilting rear screen. Fujilms
signature dial-led control layout is
also present, including top-plate
shutter-speed and exposurecompensation dials (most lenses
have their own aperture dials).
What the X-T10 lacks in
comparison to the X-T1 includes
weatherproof construction, ISO
and metering-mode dials, and
some smaller renements such as
dial locks and a PC sync socket for
studio ash. The viewnder isnt as
big, offering 0.62x magnication

compared to the X-T1s vast


0.77x, while the SD card now slots
into the same compartment as the
battery rather than living under a
separate side-mounted door.
However, the X-T10 gains a few
new features commensurate with
its more entry-level target
audience. Theres a pop-up ash
that is cleverly hidden in the
viewnder housing and released
by a switch on the top-plate.
Another switch puts the camera
into its beginner-friendly Auto
mode, and allows access to
subject-optimised scene modes.
The X-T10 is also noticeably
smaller and lighter than the X-T1,
making it easier to carry around
with you all day.
Available in either a staid
all-black, or a rather attractive

subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

silver-and-black design, the


X-T10s body-only price is 499.
Two lens kits will also be available,
with the XC 16-50mm f/3.5-5.6
OIS II for 599, or the premium
XF 18-55mm f/2.8-4 R LM OIS
for 799.

Features
The X-T10 offers an impressively
broad feature set, with a
specication that would have
looked outlandishly advanced just
a few years ago. The sensitivity
range covers ISO 100-51,200,
although raw-format recording is
frustratingly restricted to ISO
200-6,400. Continuous shooting
is available at 8 frames per
second, with continuous autofocus
during shooting.
Shutter speeds range from

1/4,000sec to 30sec plus bulb


with the conventional mechanical
shutter. However, a fully electronic
shutter allows the top end to be
extended to a staggering
1/32,000sec, allowing the use of
fast lenses wide open in bright
sunlight. The electronic shutter is
also completely silent, which is
great in situations where the clack
of a mechanical shutter would be
intrusive. It can potentially show
distortion with moving subjects,
though, and strangely it cant be
used with the extended ISO
settings. A menu setting allows
you to choose whether to use the
electronic or mechanical shutter,
or gives you the option of allowing
the camera to switch between the
two as required.
As wed expect, the X-T10
47

Testbench

CAMERA TEST

has built-in Wi-Fi for


connection to a smartphone
or tablet. This allows remote
control of the camera with a live
view display on the smart device,
which is perfect for shooting on a
tripod with, say, the camera at odd
angles. Its also possible to transfer
images to your phone for sharing
online. Fujilm hasnt included an
NFC chip for easy set-up, but its
implementation of Wi-Fi makes
connecting the camera to the

phone extremely straightforward


anyway, so this is no real loss.
Full HD movie recording is
available at up to 60fps and with
full manual control over recording.
The camera has built-in stereo
microphones, along with a 2.5mm
stereo socket for an external
microphone. A dedicated red
record button on the top-plate
initiates recording at any time, but
can be re-purposed to another
function if you prefer.

The new 77-area AF system allows the selection of focus-point groups

Autofocus
THE X-T10 comes with a new
advanced autofocus system,
which will also be available in a
rmware update for the X-T1 (as
Version 4). For static subjects
this employs Fujilms familiar
49-point grid covering most of
the frame, with the AF area size
selectable in ve steps to match
the subject. However, it adds
eye-detection AF for portraits,
along with two completely new
modes for continuous focusing
on moving subjects.
The Wide tracking mode uses
an expanded 77-point grid
covering effectively the entire
sensor. Its designed to follow
subjects moving across the frame
and keep them in focus. The
subjects expected starting point,
where the camera will initially
attempt to acquire focus, can be
set anywhere in the frame.
Group mode uses sets of AF
points positioned in a dened
area of the frame, and is
designed for when you wish to
maintain a specic composition.
When shooting at 3fps in CL
mode, its possible to select
between 3x3, 5x3 and 5x5
focus-point sets, and move them
48

almost anywhere in the frame. In


8fps CH mode the camera can
only use phase detection for
focusing, so youre limited to
selecting 3x3 or 5x3 groupings
in the centre of the frame.
With static subjects the X-T10
focuses quickly, silently and
accurately, especially with the
small 16-50mm kit zoom. It also
works well in low light, where you
might prefer to turn off the
blindingly bright autofocus
illuminator as its rarely needed.
Focus speed is, however, lens
dependent, and some of Fujilms
premium fast prime lenses such
as the XF56mm f/1.2R are
noticeably slower.
We havent yet had time to test
continuous focusing out fully, but
initial impressions are quite
positive. Its certainly a real
improvement over Fujilms
previous efforts, and promises to
make the X-T10 (and indeed the
X-T1) much better at shooting
moving subjects. Were aiming to
produce a more in-depth article
covering the real-world
capabilities of the new focus
system shortly, so look out for
this in the next month or two.

Screen and viewfinder


The X-T10s centrally placed
electronic viewnder is the same
2.36-million-dot OLED unit
previously seen on the X-E2, with
0.62x magnication and 100%
coverage. Its a really nice nder,
being bright and clear, and it
matches the optical nders on
most APS-C DSLRs for size. By
default the display gives rather
over-saturated colours, but this
can be adjusted in the menus.
However, the window is unusually
small, so you need to align your
eye with it perfectly to see
properly into the corners of the
screen. The information display
shows extensive exposure
information, including an
electronic level and live histogram,
and usefully it all rotates when
shooting in portrait format. An eye
sensor allows automatic switching
with the rear screen.
The screen itself is a 3in,
920,000-dot LCD that tilts
upwards by 90 for waist-level
shooting, and downwards by 45
for high-angle shots. However, like
all tilt-only screens, it becomes
much less useful when shooting in
portrait format. Its not touchsensitive, so it cant be used for
focus-point selection. Like the
viewnder, its great to use when
shooting and gives a clear view
of the subject.

Build and handling


With its boxy, high-shouldered
design, the X-T10 can look a bit
odd from some angles, but the
advantage is that it gives more
space for controls and more room
for your right hand to grip. Indeed,
with a cleverly sculpted front grip,
rear thumb hook and grippy
rubberised coating, the X-T10
feels impressively secure in your
hand for such a small camera.

A wide range of
lenses can be used via
adapters. This was shot
with the 300 Laowa
60mm f/2.8 Macro,
which is capable of
2x magnification

With die-cast magnesium-alloy


top and base-plates and
aluminium dials, build quality feels
solid enough, if not quite as
rugged as the weatherproof X-T1.
It is noticeably nicer than the
recently launched and broadly
similar Panasonic Lumix DMC-G7.
In use, the X-T10 behaves
rather like a simplied X-T1, which
of course is the whole idea. It is
based around traditional analogue
controls, with top-plate shutter
speed, exposure compensation
and drive-mode dials. Twin
electronic control wheels are
placed on the front and back of
the body, both of which can be
clicked inwards to function as
buttons. Theyre not entirely
convincing, with a somewhat loose
and imprecise action, and this
slightly detracts from the

White balance and exposure are both consistently well judged


11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

Focal points
The X-T10 resembles a slimmed-down X-T1,
but with a few new features of its own

Flash release

Cable release
The shutter button
has a thread for
an old-fashioned
screw-in mechanical
cable release.

40.8mm

A lever next to
the drive-mode
dial releases
the built-in
pop-up flash.

experience of using the camera.


The shutter-speed dial
has timed positions from
1-1/4,000sec + bulb in wholestop increments, and intermediate
speeds can be selected using the
front electronic dial. Setting the
shutter-speed dial to the T position
allows the entire range from
1/32,000sec-30secs to be
accessed using the front electronic
dial. The drive-mode dial gives
access to panorama, multiple
exposure and bracketing modes,
alongside the more usual single
and continuous shooting. Less
conventionally, its also used to
access image-processing
advanced lters.
Aperture is normally set by
a ring on the lens, but certain
Fujinon lenses lack this control,
including the XC 16-50mm, which

is the cheaper of the two kit zoom


options. In this case, aperture is
set using the rear control dial,
which works ne but doesnt give
quite such a satisfying handling
experience. The XF 18-55mm
zoom does have an aperture ring,
along with a very useful stopfaster aperture, and would be our
kit of choice for starters, although
it does come at a 200 premium.
By default, clicking the rear dial
engages manual-focus aids and
switches between them. Alongside
magnied live view, the X-T10 has
a peaking display that highlights
in-focus edges of the subject,
along with Fujilms unique digital
split-image display. Clicking the
front dial switches between AF
area modes, but this can be
changed to suit your
preference. Indeed, its just

Hotshoe

Mode switch

This is compatible
with Fujifilms
external flash units
and third-party
alternatives.

When set to auto, the


mode switch gives
access to the simple-touse auto and subjectorientated scene modes.

Connectors

Battery

A spring door hides the Micro


HDMI, Micro USB and 2.5mm
stereo mic sockets. The Micro
USB port also takes Fujifilms
RR-90 remote release, and the
2.5mm socket accepts Canon and
Pentax-compatible remotes.

The NP-W125 battery


is shared with other
X-system cameras,
and gives around 350
shots per charge.

82.8mm

118.4mm
At higher ISO settings, the X-T10 gives strong colours and low noise
subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

49

Testbench

CAMERA TEST

Lab results
Andrew Sydenhams lab tests reveal just how the camera performs

I converted this shot to monochrome using the in-camera raw processor

one of seven usercustomisable controls, along


with the top-plate video button,
the four buttons of the D-pad,
and an additional rear Fn button.
I assigned the D-pad to move the
AF area directly around the frame,
as I nd this gives a particularly
uid way of shooting when using
the electronic viewnder. The
directional keys themselves are
noticeably easier to nd and
activate by touch compared to the
X-T1s notoriously recessed and
spongy ones.
ISO sensitivity doesnt have its
own control, but can be assigned
to a function button, or set via the
on screen Q menu that gives quick
access to 16 user-selectable
settings. I assigned ISO to the
front control dial, meaning I could
click the dial in to activate the
setting, then rotate the dial to
change it. This works really well,
and personally I much prefer it
to the X-T1s awkwardly placed
locking ISO dial.

Performance
With the same sensor and
processor as other X-system
cameras going back to the
20-month-old X-E2, I wasnt
expecting any great surprises from
the X-T10 with regard to image
quality, and didnt really see any
either. On one level this is a good
thing, as it means you get Fujilms
signature lovely colour rendition,
via its lm-simulation modes that
are designed to mimic classic lm
emulsions. Personally, I prefer the
Astia/soft and monochrome +
red lter settings, but there are
plenty of other options to suit
different tastes.
However, weve seen equally
nice colour from the X-A2, which
50

uses a conventional 16MP Bayer


sensor, so we cant help wonder
what Fujilm might be able to
deliver using one of the latest
24MP Bayer sensors that give
excellent results in cameras like
the Nikon D7200. Crucially, the
raw les would be rather easier to
handle in third-party software.
These thoughts aside, the X-T10
generally performs very well in
practical use. Metering is usually
well judged, and because the
camera provides a live preview of
the exposure its easy enough to
apply any necessary compensation
without resorting to guesswork.
Auto white balance tends to work
well, although it can occasionally
drift towards a slightly cool
interpretation of the scene.
However, if you shoot raw, you
can always re-convert in-camera
using your preferred settings
without even having to touch
a computer.
High ISO image quality has
always been a Fujilm strength,
and the X-T10 accordingly
delivers really nice results up to
ISO 3,200 at least. One real
annoyance, though, is that raw
recording is limited to the ISO
200-6,400 range, and you cant
access the extended sensitivity
settings unless you have raw
disabled (and have also turned off
the electronic shutter option in the
menu). This is pretty infuriating
when shooting in low light with no
option but to boost the ISO, and
Id really like to see Fujilm make
raw les available at any setting,
just like every other brand. Along
with the ability to use your own
preferred noise reduction at high
ISOs, this would allow more
effective highlight recovery
at ISO 100.

WITH the same sensor and processor as other recent Fujilm


cameras such as the X-T1, the X-T10 gives much the same image
quality. This isnt a bad thing, as these cameras are capable of giving
very ne results, with particularly attractive JPEG colour output.
High ISO images tend to look very good too, with excellent noise
suppression and colour retention. But infuriatingly, Fujilm limits raw
format recording to ISO 200-6,400, so youre stuck with the
in-camera processing at higher sensitivities.
The unusual colour lter array also means that X-Trans image les
tend to look different to those from conventional Bayer cameras,
when viewed at the pixel level. Not all raw converters can handle the
raw les, either, although Adobe Camera Raw and Capture One can
both produce good results.

Dynamic range

Because of its X-Trans CMOS sensor, weve had to treat the X-T10 slightly
differently to usual in our Applied Imaging tests, and as a result the numbers
dont necessarily compare directly to conventional Bayer-sensor cameras. We
measure 12.4EV range at ISO 200, which gives plenty of latitude in exposure
and post-processing. This drops monotonously as the sensitivity is increased,
but even at ISO 3,200 we see a quite respectable 8.2EV range.

Resolution
JPEG ISO 100

32

JPEG ISO 6,400


26

JPEG ISO 400

30

JPEG ISO 1,600


28

JPEG ISO 25,600


24

JPEG ISO 51,200


22

The X-T10s 16.3-million-pixel sensor resolves essentially as much detail as


it possibly could in our test chart shots, at around 3,200l/ph at ISO 100. It
drops only slightly on raising the ISO, still achieving around 2,800l/ph at
ISO 1,600 and 2,600l/ph at ISO 6,400. Naturally, at the higher JPEG-only
sensitivity settings, noise has an increasing impact, and by ISO 51,200 it
reduces the resolution to just 2,200l/ph.

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

The competition
Our cameras and lenses are tested using the industrystandard Image Engineering IQ-Analyser software.
Visit www.image-engineering.de for more details

Noise
Both raw and JPEG images
taken from our diorama scene
are captured at the full range
of ISO settings. The camera is
placed in its default setting
for JPEG images. Raw images
are sharpened and noise
reduction applied, to strike
the best balance between
resolution and noise.
JPEG ISO 100

JPEG ISO 400

Olympus
OM-D E-M10

Panasonic
Lumix DMC-G7

Sensor 16.1MP,
Four Thirds Live MOS
ISO 200-25,600
Price 400 body only

Sensor 16MP, Four Thirds MOS


ISO 100-25,600 (extended)
Price 600 body only

With its compact


DSLR-like design,
including a high-quality
EVF, tilting screen and
built-in pop-up flash, the
E-M10 is very similar to
the X-T10. It includes
in-body image
stabilisation that works
with every lens.

Panasonics latest
contender has a larger
body with a chunky
handgrip and fully
articulating screen. It
can record 4K video
internally, and includes
Panasonics 4K Photo
mode for extracting
high-resolution stills
from video footage.

Sony Alpha 6000


Sensor: 24.3MP, APS-C CMOS
ISO 100-25,600
Price 450 body only

The Alpha 6000 is a


technological triumph
that includes one of the
most sophisticated
autofocus systems weve
seen on any camera. It
can shoot at 11 frames
per second and
incorporates a
1,440,000-dot OLED EVF
in its rangefinder-style
body design.

Our verdict
JPEG ISO 1,600

JPEG ISO 6,400

JPEG ISO 25,600

JPEG ISO 51,200

At ISO 100 (which is only available in JPEG), the X-T10 gives an essentially
noise-free image, with good rendition of fine detail and attractive colour
(although highlights visibly clip). Switch to ISO 200, the lowest setting available
in raw, and the image quality is still excellent but theres more detail retained in
the highlights. Noise only really starts to have an impact at ISO 1,600, with
shadow detail starting to block up a bit. From this point onwards it has
increasing impact, but even ISO 6,400 gives quite acceptable results for less
critical purposes. The top three settings ISO 12,800 through to ISO 51,200
are only available in JPEG, and give very marginal results. Indeed, the top
setting is barely usable at all.
subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

SO HAS Fujilms attempt to


make a cut-down version of
the X-T1 been successful?
Overall, Id have to say its
worked pretty well. While the
X-T10 obviously isnt quite as
desirable as its big brother, its a
sensibly considered camera that
ts most of the X-T1s best bits
into a simpler, more approachable
package. Indeed, in some respects
its actually nicer to use. The more
tactile D-pad makes it easier to
set the AF area to match your
subject, and ISO sensitivity can be
set up to be much quicker and
easier to change.
In typical Fujilm fashion, the
X-T10 delivers consistently
attractive JPEG les out of the
camera, which is great if you dont
want to spend all your time in front
of a computer processing raw
les. Its also a gateway to the
spectacular Fujinon lens range,
including such ne designs as the
XF 35mm f/1.4R and the new XF
16mm f/1.4R. Admittedly, many of

Recommended

these lenses are pretty pricey, but


Fujilm has started the process of
producing a range of cheaper,
slightly slower primes, starting with
a 35mm f/2 due later this year.
Crucially, if you compare the
X-T10 to its similarly priced
competition, its a very attractive
package indeed. For example,
compared to the Panasonic Lumix
DMC-G7, its smaller, feels better
built and offers a more engaging
user experience. Compared to the
ageing Sony Alpha 6000, you get
a more immersive viewnder and
more attractive JPEG output,
wrapped up in a DSLR-shaped
body design that enthusiast
photographers appear to prefer.
Even at its launch price, the X-T10
looks like great value for money.
For photographers thinking of
downsizing a bulky DSLR kit, as
well as for beginners making their
rst steps into an interchangeablelens system, it would be a great
entry point to the brave new world
of mirrorless cameras.

FEATURES
BUILD & HANDLING
METERING
AUTOFOCUS
AWB & COLOUR
DYNAMIC RANGE
IMAGE QUALITY
VIEWFINDER/LCD

8/10
8/10
8/10
9/10
9/10
9/10
8/10
8/10
51

at the heart of the image

FREE
SEMINAR

WEDNESDAY 5TH AUGUST 6-9.30PM

FREE NIKON SCHOOL SEMINAR

KATE HOPEWELL-SMITH
.DWH+RSHZHOO6PLWKKDVDQH
DUWEDFNJURXQGDQGVWXGLHG
WKHKLVWRU\RIDUWDWGHJUHH
OHYHO)ROORZLQJJUDGXDWLRQ
VKHZRUNHGLQFUHDWLYH
LQGXVWULHV79PDUNHWLQJ
QHDUWSXEOLVKLQJDQGEUDQG
FRQVXOWDQF\)ROORZLQJDPRYHRXWRIFHQWUDO
/RQGRQWRUDLVHKHUFKLOGUHQVKHEHJDQWRVWXG\
SKRWRJUDSK\DVDKREE\ZLWKWKHLQWHQWRIEHLQJ
DEOHWRVXFFHVVIXOO\FDSWXUHKHUFKLOGUHQDVWKH\
JUHZ7KHKREE\TXLFNO\JUHZLQWRDVXFFHVVIXO
EXVLQHVVDQGVKHKDVQHYHUEHHQLQDQ\GRXEW
DERXWKHUSKRWRJUDSKLFSDVVLRQDQGWKDWLV
SKRWRJUDSKLQJSHRSOH6KHEHOLHYHV\RXFDQ
RQO\GRWKLVVXFFHVVIXOO\LI\RXHQMR\PDNLQJ
FRQQHFWLRQVDQGEXLOGLQJUHODWLRQVKLSV

2YHUWKHODVW\HDUVVKHKDVFKRVHQWR
VSHFLDOLVHLQ3RUWUDLWV:HGGLQJVDQG%RXGRLUDQG
LVDOVRQRZRIIHULQJOPLQJRQ'6/5.DWHSOD\V
DQDFWLYHUROHLQWKHSKRWRJUDSK\LQGXVWU\DQGKDV
DUHSXWDWLRQDVDVWURQJDQGJHQHURXVWUDLQHU
she also writes for a variety of photography
PDJD]LQHV6KHLVDOVRDSDQHOPHPEHUIRUWKH
*XLOGRI3KRWRJUDSKHUVDQGIRUWKHVHFRQG\HDU
UXQQLQJUHSUHVHQWVWKH1LNRQEUDQGDVRQHRI
WKHLU8.$PEDVVDGRUV
Over the last few months Amateur Photographer
and Nikon School have teamed up to bring you
free training seminars held in London

FREE TICKETS

To apply for
to the seminar
RSVP to NikonSchoolLive@timeinc.com

FOR FULL DETAILS VISIT AMATEURPHOTOGRAPHER.CO.UK/NIKON

LENS TEST

Testbench
The shallow depth of field
in this shot was created
by setting the lens to its
maximum f/1.8 opening

Canon EF
50mm f/1.8 STM

Twenty-five years after the EF 50mm f/1.8 II was


launched, Canon has replaced its nifty fifty with
the new EF 50mm f/1.8 STM. Michael Topham
finds out if it represents a bargain at just 129

sk any Canon user what they think


Canons most popular lenses are,
and I can guarantee that most will
mention the classic EF 50mm f/1.8.
Not only is it the most affordable lens in the EF
line-up, its also well matched to a wide variety
of photographic genres.
Originally launched to replace the older EF
50mm f/1.8 in 1990, the EF 50mm f/1.8 II
has built up a good reputation for being an
extremely compact and inexpensive xedfocal-length standard lens. Not only does it
give a very natural looking perspective to
images when used on a full-frame DSLR, its
large aperture also allows users to easily
separate a subject from its surroundings by
creating a shallow depth of eld.
With the new EF 50mm f/1.8 STM, Canon
has looked to improve upon the old design and
modernise it by incorporating a Stepper Motor
(STM) for smoother and quieter autofocus.
The question is, has Canon been successful in

creating what appears, at rst glance, to be its


best inexpensive standard lens to date?

Features
It should be pointed out that being an EF lens,
the EF 50mm f/1.8 STM is fully compatible
with both Canon full-frame DSLRs and those
that employ an APS-C sensor. Coupled to the
latter and with the 1.6x multiplication factor of
an APS-C camera taken into consideration,
the EF 50mm f/1.8 STM becomes a highly
practical and creative short telephoto lens
thats equivalent to 80mm. To establish the
lenss optical performance across its full image
circle, I tested it coupled to a Canon EOS 5D
Mark III full-frame DSLR, with which it
offers a 46 diagonal angle of view.
Just like the two previous generations of
the lens, the EF 50mm f/1.8 STM employs a
six-elements-in-ve-groups arrangement. The
main difference in its construction is that it now
features seven rounded diaphragm blades, as

subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

opposed to the ve straight blades used by its


predecessor. This means it should give more
attractively-blurred backgrounds at
intermediate aperture settings (f/2.8 - f/5.6)
than the 50mm f/1.8 II, which gives
pentagonal out-of-focus highlights that many
photographers nd rather ugly. It also has the
ability to focus closer, to 35cm (1.15ft).
The standout feature is the designation of
STM on the front of the lens that denotes it
uses Canons Stepper Motor technology, which
weve seen applied to a number of the
manufacturers lenses since 2012. Unlike the
more familiar Ultrasonic Motor (USM), a
Stepper Motor is better at producing the
precise incremental movements which are
required by contrast-detection autofocus in live
view. This is ideal for creating professionallooking focus transitions when recording video
and can also help to eliminate any obtrusive
operational noises that can potentially
ruin a soundtrack.
53

Canon has looked to


improve upon the old
design and modernise
it by incorporating
a Stepper Motor for
smoother and quieter
autofocus
more serious use, and the ner attention to
detail, such as the embossed Canon logo on
the top of the lens, is an improvement on what
was printed on the barrel before.
On close inspection youll notice there is
no focus-distance indicator as on the EF
50mm f/1.8, and the manual-focus ring sits
fractionally further back compared to the EF
50mm f/1.8 II. Theres a single switch on the
barrel to change between autofocus and
Taken at f/2.8, this shot combines shallow depth of field with an attractively-blurred background
manual focus, and with your left hand
supporting the lens you need to stretch your
Compared to previous incarnations,
if you own either of the older EF 50mm f/1.8
thumb around the barrel to reach it. The switch
this lens is signicantly quieter at focusing. or EF 50mm f/1.8 II lenses, and already have a itself is almost ush to the body and a better
Paired with a Canon EOS 70D that benets
number of 52mm lters, upgrading to this lens protrusion would inevitably improve operation
from Movie Servo AF, the lens focused
could incur additional expense with replacing
in winter months when many users might
smoothly from near to far subjects and vice
them. A more economical solution would be to resort to wearing gloves.
versa. However, its not wholly silent in
acquire a 49mm to 52mm step-up ring.
The lens is supplied with the newer centreoperation and some low-pitch whirring was
pinch style of lens cap, but if youd like the
Build and handling
traced in indoor movie footage when there
ES-68 lens hood to minimise are by
In keeping with its predecessors, the EF 50mm deecting stray light from entering the lens
wasnt enough ambient noise to cancel it out.
f/1.8 STM is a small and lightweight lens,
As is the case for all STM lenses, manual
while offering some additional protection from
focusing is the y-by-wire type whereby the AF weighing 30g more than the EF 50mm f/1.8 II.
Whereas the EF 50mm f/1.8 II has a highly
motor is activated by turning the focus ring.
plasticky feel in the hand something that
While using the lens to focus closely, it
earned it the nickname plastic fantastic the
became obvious that the optical unit extends
build quality of the newer lens is far superior.
forward by approximately 15mm, operating
Although still predominantly made of plastic,
across its full focus range with just over half a
the replacement of a plastic lens mount at
turn of the focus ring. In a similar fashion to its
the rear for a metal one has enhanced its
predecessors, it doesnt suffer from a rotating
front lens element, making it easier to use with durability, while the plastic thats used in the
construction of the barrel has a much more
polarising or neutral density gradient lters.
pleasing matt nish. When you pick up the lens
On the topic of lters, the EF 50mm f/1.8
and couple it to a DSLR, you immediately get
STM has a lter diameter of 49mm, rather
The lens is great for capturing incidental shots and
than the 52mm used on previous versions. So the sense that it has been made to withstand
is small enough to stow away in any camera bag

The centre of images are softer at f/1.8 than they


are at f/2.8. Centre sharpness improves
significantly as the lens is stopped down to f/4

Although still
predominantly made of
plastic, the replacement of
a plastic lens mount at the
rear for a metal one has
enhanced its durability
54

f/1.8

f/2.8

f/4

f/5.6

f/8

f/11

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

LENS TEST

Testbench

Canon 50mm f/1.8 STM


Resolution
Studying our lab results and sample images
meticulously revealed signs of softness in the
centre at f/1.8. However, stop down to f/2.8 and
youll notice that the centre immediately starts to
sharpen up. The edges of images are perceptibly
soft from f/1.8-f/2.8, but by the time you stop the
lens down to f/4 and f/5.6 corner sharpness
improves. Users who want to find the sweet spot
and achieve ultimate sharpness should use the lens
between f/8 and f/11. Close the aperture to f/16 or
f/22 and diffraction slightly softens the image.
f/1.8 at centre
f/8 at centre
f/16 at centre

f/1.8

f/1.8 at edge
f/8 at edge
f/16 at edge

f/4

Opening the lens to f/1.8 exhibits strong vignetting in the corners, but it disappears when you reach f/4

accidental impacts, youre required to spend


an extra 20. This brings the total cost to just
shy of 150 10 more than the Nikon
Nikkor AF-S 50mm f/1.8 G, which includes
a hood for the price.

Image quality
With an EF 50mm f/1.8 II residing in our stock
cupboard, we ran a few comparison tests and
found the results to be virtually identical. Just
like the EF 50mm f/1.8 II, the trade-off in
using the EF 50mm f/1.8 STM at its maximum
aperture is the critical sharpness it resolves in
its images, both at the centre and edges of the
frame. When fully opened to f/1.8, images
appear perceptibly softer than those taken with
the lens stopped down to f/2.8. Users shouldnt
disregard opening the lens fully and using it at
f/1.8 to create a super-shallow depth of eld.
Its just worth knowing that centre sharpness
and edge sharpness improve signicantly by
stopping the lens down a stop or two. To get
the very sharpest pictures, the ultimate sweet
spot is found between f/8 and f/11.
As one can expect from a fast prime,
vignetting makes an appearance when the lens
is used at its widest aperture settings. The
vignetting features a gentle fall-off thats rather
complementary to portraiture and subjects
where youd like to draw the viewers eye
towards the centre of the image. Closing the
aperture from f/1.8 to f/2.8 sees corner
shading gradually disperse, and by the time
you reach f/4 its unnoticeable.
Studying our images for chromatic
aberrations revealed some purple fringing
along high-contrast edges, but its very
indistinct and youll only know its there if you
go in search of it. Our distortion chart did ag
evidence of some barrel distortion towards the
corners, but youll be hard pushed to notice it
in your images unless you apply a lenscorrection prole and then compare it
back and forth with the original.

Our verdict
THE EF 50mm f/1.8 II has long been due
a replacement and the arrival of the EF
50mm f/1.8 STM has been met with great
interest from the Canon faithful. The addition
of the STM motor delivers a much quieter
performance, and although its not entirely
silent in operation, unless youre recording
video where theres no ambient sound its
not an issue that should be a concern.
Despite still being predominantly plastic, its
build quality and overall nish is in a different
league to the previous two versions. We
particularly like the smooth manual ring that
offers precise control for ne focusing
adjustments and that Canon has listened to
its users and reintroduced a metal mount.
So should you spend a bit more on the new
EF 50mm f/1.8 STM? Theres an argument
that since theres no
Data file
difference in terms of
sharpness, the EF
50mm f/1.8 II still makes Price 129
Filter diameter
a great buy. But when
49mm
you consider the
Lens elements 6
autofocus and buildGroups 5
quality gains from the
new lens its a small price Diaphragm blades 7
Aperture f/1.8
to pay for a signicantly
Minimum focus 35cm
better-made optic that
Length 39.3mm
will last longer.
Diameter 69.2mm
Weight 160g
Lens mount Canon EF

subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

Shading
Shooting wide-open at the maximum aperture
(f/1.8) results in strong vignetting at the corners
and its a similar story at f/2 where you cant fail
to notice dark corners at the edges of the frame.
Stopping down to f/2.8 sees vignetting reduce
significantly, and although still present its not as
obvious in real-world images. Setting the lens to
f/4 and beyond sees traces of vignetting vanish.

Curvilinear distortion
As to be expected from a fixed-focal-length
standard lens, distortion is well handled. Our
distortion chart did show a little barrelling towards
the corners, but its by no means anything to be
concerned about and youll struggle to observe it in
real-world images unless you go looking for it.

SMIA TV = -1.2%

GOLD

55

IN ASSOCIATION WITH

Take your photography


to the next level
WITH AN SPI COURSE

ALL PICTURES LEE HYETT-POWELL

O Master your camera and hone your photography skills


O Study in your own time and at your own pace
O Receive detailed feedback from an expert photographer

Enrol today and get a FREE Comple e


Guide to Photography essential pack*
Including 164-page handbook, 2 tutorial DVDs, Essential Photo Tips G d

The distance
learning was very
helpful to me as I
c not commit to
re ular days in the
w ek. I enjoy the
fe dback, which is
h est and fair but
c structive.
L Hyett-Powell
D loma in Digital
Photography

PLEASE QUOTE AP AD WHEN PLACING YOUR ORDER *WHILE STOCKS LAST

Call 0203 148 4326 or visit WWW.AMATEURPHOTOGRAPHER.CO.UK/SCHOOL-PHOTOGRAPHIC-IMAGING

Technical
Support

E X PERT A DV ICE

A lot of modern DSLRs


push the boundaries of
ISO settings, with speeds
that would boggle the minds of
lm users, such as ISO 25,600.
However, is this at the expense of
slower speeds like 200 and 100?
Back in the day when the fastest
lms speeds were ISO 1,000 for
colour and perhaps ISO 1,600 for
black & white, we used to have
much slower speeds, like ISO 64,
ISO 50 and even ISO 25. I even
recall using a red lter on a
camera with ISO 50 in it, and
shooting at ISO 6!
Are we missing something by
going with even higher and higher
speeds, when we might get a
better picture with lower speeds?
Andrew S Redding

The rst question we


need to consider is how
having lower ISOs might
give better image quality.
Even relatively inexpensive
APS-C-sized cameras now
routinely use 24-million-pixel
sensors that are essentially
noise-free at ISO 100 or ISO
200. They also have excellent
colour accuracy and record
sufcient dynamic range for
3 or 4 stops of additional
shadow detail to be recovered in
post-processing. So exactly what
more would we be looking for
from an ISO 25 setting?
The relatively high base ISO
of current digital cameras
compared to old lms mainly
reects the fact that digital
sensors are very efcient at
converting light to an electronic
signal thats used to generate the
image. This means that they dont
need so much light, in much the
same way as the older slow lms
were superseded by faster
emulsions. This isnt something
thats really being traded off
against high ISO performance,
either instead, sensor makers
are gradually improving image

TIPS

T RICK S

quality at both low and high


sensitivities at the same time.
Shooting at low ISOs comes
with real inconveniences too,
often requiring the use of slow
shutter speeds that demand a
tripod, or larger apertures than
are ideal for the shot. This is
why the trend has always been
towards higher ISO sensitivities.
Theoretically, though, having
lower ISO sensitivities could
provide images with even higher
dynamic range and lower noise.
This would be of most benet to
cameras that use small sensors
(mainly compacts and
smartphones), allowing them to
come closer to matching SLRs for
image quality. But using a larger
sensor achieves this more easily,
so several compact cameras now
use 1in-type sensors, as does
the Panasonic Lumix CM1
smartphone/camera hybrid.
Andy Westlake

Developing old lm

I have an old Kodak


Verichrome Pan 620 lm,
which I have exposed in
a Box Brownie. Is Ilford ID-11
suitable for developing this lm, as
I would like to do it myself? If its
not, could you recommend
another developer?
Roger Chandler

Despite its age, a


datasheet for Verichrome
Pan is still available on
Kodaks website at www.kodak.
com/global/en/professional/
support/techPubs/f7/f7.pdf.
It recommends times for various
different developers, including
Kodak D-76, which is essentially
the same thing as Ilford ID-11,
so in principle you should be OK.
In summary, recommended
times are 8mins at 18C or
7mins at 20C.
With such an old lm, though,
its unrealistic to expect that
youll get perfect results. Chances
are youll get relatively thin,
low-contrast negatives,

subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

HACK S

KNOW- HOW
ANDY WESTLAKE

ISO speeds

Email your questions to: apanswers@


timeinc.com, Twitter @AP_Magazine
and #AskAP, or Facebook.
Or write to Technical Support, Amateur
Photographer Magazine, Time Inc.
(UK), Blue Fin Building, 110 Southwark
Street, London SE1 0SU

Dense filters such as infrared work best with the camera in live view

Canon metering

When using my Canon EOS 700D, Im used to pressing


the release button halfway to see a preview of the shutter
speed and aperture selected by the metering system.
Recently, Ive been using some dense lters (infrared and ND)
and the exposure settings displayed with a half-button press
would result in wildly underexposed shots. If I use live view, I get
realistic exposure settings. Does this imply that there are two
different metering systems in operation and, if so, do they both
operate in the same selected exposure mode? I checked with
another Canon camera and found the same behaviour.
Robert Briggs

Your conclusion is correct here, Robert. Like all DSLRs,


your Canon EOS 700D uses different metering systems
depending on whether youre shooting with the optical
viewnder or live view, regardless of exposure mode.
When you use the viewnder, the camera employs a
metering sensor thats located within the viewnder light path.
Normally this works just ne, but when you place a strong lter
in front of the lens, the meter can get confused by stray light
entering through the eyepiece at the back of the camera,
resulting in underexposure. The remedy for this is to cover
the viewnder when metering.
Switch to live view and the mirror ips up, blocking off the
light path to the viewnder. This means that the camera is
unable to use the same metering system, so it switches to
working from the image sensor itself. Not only is this inherently
more accurate, but its also a completely light-sealed pathway,
so doesnt have any problems with strong lters. Because the
camera also adjusts automatically to deal with the low light
levels getting through the lter, live view is usually the best
way to work with neutral density and IR lters.
Andy Westlake

57

Want to shoot
better Video?

Well now you can! The Video Mode is a brand new website from
Amateur Photographer that will teach you everything you need to know,
from capturing those special holiday memories to filming the next blockbuster.

To cele
launch brate the
Mode w of The Vide
o
ea
a Cano re giving awa
n C100
y
M
worth
4282 KII
To ente
.80
www.t

r sim
hevide ply visit
omode.
com

In association with

www.thevideomode.com
8 WWW.WHATDIGITALCAMERA.COM

FROM

The Video Mode features tuition videos and technique articles from expert
filmmakers designed to help you capture professional quality movies.

Technical Support
although theres no harm
in giving it a try.
Andy Westlake

Not t for lm

I have a Fujilm
FinePix S5 Pro with
Sigma 28-105mm
Asph lens that works well on
my Nikon F3HP lm camera
Because of this, I bought a
used Sigma 18-50mm f/2.8
EX DC lens, but in the viewnder
of the F3HP it gives a round
image. Why wont this lens
work on the F3HP?
JA Barford

Your Sigma 18-50mm


f/2.8 is a DC lens thats
designed to work with
APS-C-sized digital sensors,
which are smaller than 35mm
lm. Taking the 1.5x crop factor
into account, it will effectively
behave like a 27-75mm zoom

on your Fujilm FinePix S5 Pro,


but the image circle doesnt
cover 35mm lm, which means
that the lens vignettes strongly
on your F3HP. It would be
extremely difcult to design
an 18-50mm f/2.8 zoom that
did cover full frame, and the
resultant lens would be immense.
So this is a design decision to
make a useful f/2.8 normal zoom
for digital SLRs.
The Sigma is a very decent
performer, and gives a very

l zoom range on APS-C


c meras, so if I were you
I d keep it afxed to your
S5 Pro and use the
28-105mm on your F3HP.
I n future, you want to
m ke sure that you only
b y lenses that will work on
b th cameras, youll need
t buy full-frame lenses.
S gma labels these DG
er than DC. For example,
if you were after a lens that
would work as a standard zoom
on your S5 Pro and as a
wideangle zoom on your F3HP,
the Sigma 17-35mm f/2.8-4 EX
DG HSM might be worth looking
out for second-hand.
However, the zoom range is
shorter than your 18-50mm, the
maximum aperture is smaller at
the long end and its a rather
larger, heavier lens with a
77mm lter thread.
Andy Westlake

HOW IT WORKS

I am
your

APO lens

Achromatic

Panasonic Lumix
DMC-FZ1
Ian Burley profiles
this pioneering
bridge camera
LAUNCHED October 2002
PRICE 300
GUIDE PRICE TODAY 75
PANASONIC had only launched
its Lumix consumer stills camera
brand a couple of years earlier,
but it was the DMC-FZ1 that
made everyone take notice. The
FZ1 would prove to be the rst in
a long line of impressive Lumix
bridge cameras.

Whats good The FZ1 was, for its


Apochromatic

Apochromatic lenses use a group of three lens elements to reduce colour fringing (as above)

YOU may have seen my name on your lens, but


usually I am an anonymous design feature. I am
an APO or apochromatic lens.
A fundamental problem with camera optics is
that the light that forms the image on the lm or
sensor comprises a range of wavelengths.
Uncorrected, using a simple lens design, these
different wavelengths focus at slightly different
distances relative to the lm or sensor plane. This
results in soft images and chromatic aberrations
where details in the image break up into rainbow
colours. This is called colour fringing. Lens
designers have fought to keep this property of
light under control for many years and I am one
of the more sophisticated solutions.
The simpler solution is to combine two lens
elements into a group that accurately focuses two
primary wavelengths, for example red and blue.
This is an achromatic design. Its inexpensive,
simple and brings tangible benet, especially for

BLAST FROM THE PAST

black & white photography. But the job is not


entirely done, as a third primary colour
wavelength, green, for example, will remain
uncorrected. This is where I come in as an
apochromatic lens, typically using a group of three
lens elements, each having carefully matched low
optical dispersion properties to accurately focus
red, green and blue light.
Achromatic lenses have been around for over
100 years, but apochromatic lenses have only
been widely used in more recent decades. APO
marked on a lens, in theory, identies it as an
apochromatic design, but manufacturers have also
used the term as a marketing tool to identify a lens
as a high-performer even if reviews sometimes
contradict this claim, while other lenses not
claimed to be APO can garner rave reviews.
Apochromatic designs are usually found in
high-performance telephoto lenses and,
unsurprisingly, in telescopes.

subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

time, compact and distinctive,


combining retro design cues
with modern looks. Its 12x
35-420mm Leica-branded DC
Vario Elmarit zoom lens boasted
a constant aperture of f/2.8
throughout the zoom range, plus
optical image stabilisation and
excellent lens performance.
With its lithium-ion rechargeable
battery, power stamina wasnt
the major issue as it was with
rival models use of AA batteries.
The FZ1 is a landmark camera
and deserves to be a collectors
piece as it is quite rare.

Whats bad The 2MP sensor


means print size is limited. ISO
speed sensitivity is also limited to a
maximum of 400. It has a
low-resolution electronic
viewnder and a tiny lowresolution 1.5in rear LCD screen.
Theres no manual exposure
mode and video is limited to
QVGA and ten frames per second.

WELL COVER YOUR PHOTOGRAPHY


EQUIPMENT AGAINST LIFES NEGATIVES

Insure your camera and accessories today


against theft and accidental damage
Our flexible cover allows you to build your policy to meet your needs. Cover includes:

Options for up to 25k worth of cover


Up to 1m optional Public Liability cover
The option to protect your equipment when it is in your vehicle
A choice of UK, EU and Worldwide cover
Up to 1k worth of equipment hire whilst waiting on replacement in the event of a claim

Call now
0844 249 1902
Mon to Fri 9am to 6pm
or visit www.amateurphotographerinsurance.co.uk
Amateur Photographer Insurance Services is a trading style of Thistle Insurance Services Ltd. Lloyds Broker. Authorised and regulated by the Financial Conduct Authority. A JLT Group company.
Registered office: The St Botolph Building, 138 Houndsditch, London EC3A 7AW. Registered in England No 00338645, VAT No. 244 2321 96. Time Inc. (UK) Limited are an Appointed Representative of Thistle Insurance Services Ltd.

MATT EMMETT

Technical Support

In the

The latest
photography kit
and technique at
your ngertips

bag

By day Matt Emmett


is a designer at a toy
company, but at night
he photographs
abandoned and
derelict structures
across the world. Visit www.
forgottenheritage.co.uk

3 Legged Thing Brian

IR-converted Canon EOS 7D

Pentax K-3

love its lightness, and ease and


1 Ispeed
of use as I can drop it to
full height and lock it in seconds. It also
folds to a very compact size. Ive used it
with a Pentax K-3 and even a Pentax
645Z medium-format camera.

Canon EOS 7D was the DSLR I


2 The
was using prior to the Pentax K-3.
After upgrading I decided to use it more
creatively instead of selling. Protech
Photographic in East Sussex has just
converted it to a 720nm internal filter.

This is one of the best APS-C


DSLRs around and ideal for my
shoots. Tough and durable, with weather
sealing, it gives fantastic results and
noiseless gradations from the midtones
into the shadows. The K-3 II is out now.

More great
pictures
More technique
More opinion
More inspiration
Download online,

3
5

enjoy ofine
Buy from the comfort
of your own home
Available the day
the magazine goes
on sale
Missed an issue?
Simply download a
back copy

Try it today
HD Pentax-DA 20-40mm f/2.8-4 ED Limited DC WR

Scurion 1500 headlamp

This is a fantastic all-round lens. Having such great


optics and variable focal lengths all packed into one
lens is as good as a carrying a few different primes with you,
but thankfully it leaves a lot more room in your bag. Its
sharp throughout its entire range and there is an almost
total lack of chromatic aberration present. Id say that its
my most used lens by far.

I often shoot in gloomy environments sometimes in


pitch-black where good-quality lighting is essential.
Prior to getting into photography I was a caver and used the
Scurion 1300 lamp on my helmet. I then started using it for
my photographic subjects as its brightness and wide beam
settings are ideal. I use the Scurion 1500 with the camera on
the bulb setting fixed to a tripod and walk around the scene.

subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

www.amateurphotographer.
co.uk/digital-edition

61

7R DGYHUWLVH SOHDVH FDOO   


(PDLO IHOL[EDUORZ#WLPHLQFFRP
7YLTPLY 0UR 7OV[VNYHWOPJ 8 ,U[LYWYPZLZ 
,QGH[ WR DGYHUWLVHUV
-MVYKLZ 7OV[VNYHWOPJ 3[K  7YVMV[V 3[K 
)VI 9PNI` 7OV[VNYHWOPJ
*HS\TL[ 7OV[VNYHWOPJ 3[K 
*HTLYH 1\UNSL 

-\QP 7OV[VMPST <2 3[K*V]LY! P]


9PJOHYK *HWSHU
.YH`Z VM >LZ[TPUZ[LY  
:PNTH 0THNPUN
0UZSL` (K]LY[PZPUN   

:9: 3[K

3*, .YV\W  

; *HTLYHZ 

4H[OLYZ 

>L_ 7OV[VNYHWOPJ

*HTLYH^VYSK 
*HT[LJO
*OPZ^PJR *HTLYH *LU[YL 
*SPM[VU *HTLYHZ

4PMZ\K 7OV[VNYHWOPJ 

+HSL 7OV[VNYHWOPJ 3[K


+PNP[HS +LWV[ * )  3[K 

7HYR *HTLYHZ 3[K  *V]LY! PPP

+ZN 9L[HPS 3PTP[LK  *V]LY! PP

7LHR 0THNPUN 7YV7P_

62

&ODVVLILHG 

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

$ $!(
  -   >@@@  11111111111111 & ;=>*$1@@
  $        11111111 & ;"%$1@@
  $      1111111111111111111111111111222 ;=>$1@@
  =@        11111111 & ;->*1@@
  =@        111111111   ;-8$1@@
  %@@ 2     '&  2 1111111111111111122 ;-=*1@@
  $@@         11111111111   ;-7*1@@
  -@@@     -"&$$ 111111111111111111111111  ;-7$1@@
  -@   11111111111111111111111111111111111 & ;->*1@@
 %=@   111111111111111111111111111111111111111111111111111111 & ;**1@@
 %=@     11111111111111111111111111111111   ;-%$1@@
 $$@   11111111111111111111111111111111111111111111111111122 ;-%$1@@
 $$@   1111111111111111111111111111111111111111111111111111 & ;-$@1@@
 $$@   11111111111111111111111111111111111111111111111111111111111111111112 ;"@1@@
 $"@   11111111111111111111111111111111111111111111111111111   ;-**1@@
 $"@   11111111111111111111111111111111111111111111   ;>>$1@@
 $"@   11111111111111111111111111111111111111111111   ;>8$1@@
 &-%   11111111111111111111111111111111111111111111111   ;>**1@@
 &%    -%9$"@9$"@ !< 11111   ;**1@@
 &-     111111111111111111111111111111111111   ;**1@@
  & %       11111111111111   ;-**1@@
    &-%@  &    111111111111111   ;-**1@@
 &-      =@@ 11111111111111111111111111111111 & ;=$1@@
 &>     >@9=@9%@ 11111111111111111111111111111111111111111111  ;%*1@@
 &=      =$@9%@@ 11111111111111111111 & ;=*1@@
 &8      $ !< 11111111111111111111111111111111  ;7$1@@

 &  -       1111111     ;=7$1@@

-")) #>  
    11111111111111111     ;>8$1@@

>7)) #>1"  
    111111111111     ;>>$1@@

=$)) #-1%  
    11111111111111     ;=-*1@@

-" & $$)) #>1"9%     
1111111111111     ;=>$1@@

 >@     -11111111111111111111111111     ;7*1@@

&%>     - 11111111111111111111111     ;-=*1@@

&  -      &-1111111111111   ;**1@@

$          11111111111111 & ;>7$1@@
  "-@         1111     ;-"7$1@@
  8-@       -@@  
111111111111111111111111111111111111111111111111111111111111111111111111111111111     ;*%$1@@
  7@@@         1111111111111   ;=%$1@@
  $-@@         1111111111111   ;>>$1@@
  =-@@      -"&$$  2  1111111111111 & ;-**1@@
  =@@@      -"&$$     1111111   ;-7$1@@
  =@@         1111111111111 &  ;>**1@@
  "@         1111111111111111111111111111 & ;-8$1@@
  "@       11111111111111111111111111111111111112 ;-%$1@@
  7@    1111111111111111111111111111111111111111111111111   ;--*1@@
  7@       11111111111111111111111111111 & ;*$1@@
     7@@@ -@1- .    111111111111111111111111111   ;**1@@
     8@@@ -=1$ .   1111111111111111111111111111   ;7*1@@
  &--       7@@@ !<111111111   ;-%*1@@
  &-@     =@@9=@@97@@ 1111111111122 ;7*1@@
  &"@       "@9*@1111111111111111111111111111122 ;%*1@@
  $@      1111111111111111111111111111111 & ;$*1@@
  8@@  111111111111111111111111111111111111111111111111111111111111111 & ;-=*1@@
   7@@  111111111111111111111111111111111111     ;-**1@@
  "@@  1111111111111111111111111111111111111111111111111111   ;-*$1@@
  *@@      111111111111111111111111111111111   ;-**1@@
  --         1111111   ;%%$1@@
 %$  %        1111111111111111111111111111111111111111 & ;-7$1@@
   -*   &    7@@ !<11111111111 & ;7$1@@
   &$=@        '<<(     111111   ;7$1@@
   >*     11111111111111111111111111111111111111111111   ;=$1@@
   =8    11111111111111111111111111111111111111111111111111111111  ;7*1@@
    && -@   -%&%>    2 11111111111  ;=>$1@@
   &- -> . 2 -%&%>    111   ;-%*1@@
   & $   -%&%>    11111111111111111111   ;-**1@@
   -@&>@)) #%9$18       %9=5 6 11111111 2 ;>%$1@@
   $@)) #>        %9=5 611111111   ;=8$1@@
   -> & 8@)) #>1"9%       %9=1111   ;%%$1@@
   7@ & =@@)) #%9$18      %9=5 6 111111111111111111  ;>>$1@@
   &>@    %9=5 6 11111111111111111111   ;>%$1@@
    & >$    >$))1111111111111111111111111111   ;*$1@@
    &%     = 1111111111111111111111111111111111  ;**1@@
    &$     8>@ 111111111111111111111111111111  ;=*1@@
    &-%     1111111111111111111111111111111111111111111111122  ;8*1@@
    & %@        1111111111111111111111111111111   ;$*1@@
  7      -%&%> 11111111111   ;%%$1@@
  -       1111111111111111   ;7$1@@
  >        111111111   ;-%$1@@
   &8>     1111111111111111111111111111111111111111  ;->*1@@
   =@)) #>1"   %9=5 6111111111111111111111111111111111111   ;--$1@@
 7        11111111111111111111111111111111   ;87$1@@
  =@)) #>1"   1111111111111111111111111111111   ;--$1@@
 -8 & -@$)) #=1$9$18     11111111111111111111111111111  ;-*$1@@
   >" & 7$)) #>1"  111111111111111111111111111111   ;>**1@@
   -1%       1111111111111   ;->$1@@
    &=8    1111111111111111111111111111111111   ;->*1@@

 %$%" $ ""  


  - 1111111111111111111111111111111111111111111111111111111111111111111111111112 ;--$1@@
  - 11111111111111111111111111111111111111111111111111111111111111111111111112 ;-%$1@@
  = 1111111111111111111111111111111111111111111111111111111111111111111111111122 ;**1@@
 -7 & %@)) #%  3 4   111111111111111111111111 & ;%>$1@@
 -7 & %@)) #%  3 4    11111111111111111111111   ;%8$1@@
 >@ & =$)) #>1"  3 411111111111111111111111111111111111111111111111111111 & ;%**1@@
 >% & 7@)) #>1"  3 4 1111111111111111111     ;8*$1@@
 >% & -@$)) #%  3 4   11111111111   ;$*$1@@
 >" & =@@)) #=1$9$18  3 4   
11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 & ;->>$1@@
 7@ & >@@)) #>1"  3 41111111111111111111111111111111111111111   ;7%$1@@
 7@ & >@@)) #>1"  3 4    - 11111   ;"**1@@
 7@ & >@@)) #>1"  3 4    1   ;--*$1@@
 -@@ & %@@)) #%1$9$18  3 4    & ;77$1@@
 -%)) #>1"  3 41111111111111111111111111111111111111111111111111 & ;7*$1@@
 =$)) #-1%  3 4    1111111111111   ;77$1@@
 "$)) #-1>  3 4 111111111     ;--*$1@@
 -@@)) #>1"   3 4  11111111111111111   ;$>$1@@
 >@@)) #>1"  3 4   111111111111111111111111111111  ;%7$1@@
 =@@)) #>1"  3 4     1111111111122 ;-8*$1@@
 =@@)) #>1"  3 4       1111111 & ;>>*$1@@
 =@@)) #%  3 4   1111111111111111111   ;"8$1@@
 %@@)) #$18  3 4     1111111111   ;"%$1@@
 %@@)) #%      111111 & ;>$*$1@@
 $@)) #-1"  - /  011111111111111111111111111111111  ;-%*1@@
 8@)) #>1"   111111111111111111111111111111   ;>7*1@@
 -@@)) #>  111111111111111111111111111111111111111111111111111111111111111111111 & ;>*$1@@
 -$ & "$)) #=1$9$18 &   2   1111111 2 ;%%$1@@
 -7 & $$)) #>1"    1111111111111111111111111111 & ;%%$1@@
 -7 & $$)) #>1"     2 111   ;%7$1@@
 -7 & "$)) #%9$18   1111111111111111111111   ;-8*1@@
 -" & $$)) #=1$9$18 1111111111111111111111111111111111111111111111111111111  ;$*1@@

 -" & -=$)) #=1$9$18    11111111  2  ;-*$1@@
 -" & >@@)) #=1$9$18 &   11111111 2 ;=>$1@@
 >" & *@)) #%9$18  11111111111111111111111111111111111111111111111111111111111  ;8*1@@
 >" & -@$)) #=1$9%1$  1111111111111111111111111111111111111111111111111111  ;-%$1@@
 >" & -=$)) #=1$9$18     11111111   ;-*$1@@
 >" & >@@)) #=1$9$18  1111111111111111111111111111111111111111111111111111  ;-7*1@@
 =$ & "@)) #%9$18  11111111111111111111111111111111111111111111111111111  ;=*1@@
 $$ & >$@)) #%9$18    11111111111   ;-$*1@@
 7@ & =@@)) #%1$9$18     11111111   ;>8$1@@
 7$ & =@@)) #%1$9$18 2 1111111111111111111111111111111111111111111111111  ;"*1@@
 7$ & =@@)) #%1$9$18  11111111111111111111111111111111111111111111111111111 & ;**1@@
 7$ & =@@)) #%9$18  /   011111   ;->*1@@
 7$ & =@@)) #%9$18  /   01111111111111111111  ;*$1@@
 -@@ & =@@)) #%9$18  111111111111111111111111111111111111111111111111111111 & ;*$1@@
 >$    11111111111111111111111111111111111111111111   ;7*1@@
       ->>@=8)) 11111111111111111111111   ;**1@@
  -1%?  11111111111111111111111111111111111111111111111111111111  ;-7*1@@
  -1%?  1111111111111111111111111111111111111111111   ;-"$1@@
  >1@?  11111111111111111111111111111111111111111111   ;-7$1@@
  >1@?  1111111111111111111111111111111111111111111   ;-"$1@@
  >1@?  1111111111111111111111111111111111111111111   ;-7*1@@
       ->>@=8)) 1111111111111111111111111111111111 & ;**1@@
     =@@  >1@  111111111   ;-$*1@@
   7 7    >?   111111111111111111111111111111 & ;7$1@@
   >   911111111111111111111111111111111111111111111111 & ;%$1@@
 >?     91111111111111111111111111111 & ;$*1@@
 &>    111111111111111111111111111111   ;->$1@@
 $%@    2 11111111111111111111111111111111111111111111111111   ;8*1@@
 $%@    2 111111111111111111111111111111111111111111111111 &  ;$*1@@
 %>@   11111111111111111111111111111111111111111111111111111111111111   ;=*1@@
      111111111111111111111111111111111111111111111111111111111   ;7*1@@
      1111111111111111111111111111111111111111111111111111111   ;->$1@@
 =     111111111111111111111111111111111111111  ;--$1@@
   %1$)) #>1"        1111111111111   ;%7$1@@
   -@)) #>1"      1111111111111111111111111111111   ;=%$1@@
   -%)) #>1"     1111111111111111111111111   ;=%$1@@
   -@$)) #>1"      111   ;>%*1@@
   -7 & =$)) #>1"9%     111111111111111111111111111111111111 & ;-7*1@@
   7@ & =@@)) #%9$18    2 11111111111111   ;*$1@@
   ->@ & %@@)) #%1$9$18    111111111111111111111111111111111 ;%*$1@@
   -7@ & $@@)) #$981=      11111111111 & ;>**1@@
  -%)) #>1"        1111111111111   ;=%$1@@
  *@)) #>1"  '  111111111111111111111111111111   ;>>$1@@
  >" & =@@)) #=1$981= 9  '       ;=7$1@@
  -@ &-7)) #=1$9%1$     / 0 1111111111111111111  ;>**1@@

$'  $"    


 >  11111111111111111111111111111111111111111111111111111111111111111111111111122 ;=%$1@@
 '      2  111111111111   ;>**1@@
 >")) #>1"   34 2   11111111111111111111  ;>7$1@@
 *@)) #>1"  34 2  1111111   ;-*$1@@
   -%@    -9>111111111111111111111111111111111111111   ;8$1@@
   >@@    -9>111111111111111111111111111111111111111   ;8*1@@
 -    =11111111111111111111111111111 & ;8*1@@
     >")) #>1"    1111111111111111111111  ;8$1@@
 %$)) #>1"      2  1111111111111111  ;-*$1@@
 >" & 7@)) #=1$9%1$     11111111111   ;>*$1@@
   >"@  111111111111111111111111111111111111111111111111111111111111111111111 & ;*$1@@

     !&  %!"


  "      -@%>  1111111 & ;*8$1@@
  "      111111111111111111111111111111111111122 ;7*$1@@
  7      11111111111111111111111111111111   ;->*$1@@
  8     1111111111111111111111111111111111111111111111111111111111 & ;**$1@@
    >@         1111111111111111111111  ;-8*1@@
     =       111111111111111 & ;=7$1@@
  >         111111111111111111111 & ;7*$1@@
  >    11111111111111111111111111111111111111111111111122 ;$*$1@@
     , ->8$*   -*7@ 11111111111111111111111111111 & ;%>$1@@
     , -%---  -*7$&781111111111111111111111122 ;=**1@@
   $@)) #>     /3    40 11111111122 ;=8$1@@
       /3    401111111111111111 222 ;>%$1@@
       1111111111111111111111111111111111111111111111111111111 ;>%$1@@
  9   $) #>   1111111111111111222 ;=8$1@@
            111111111111111111 & ;>*$1@@
      1111111111111111111111111111111111111111111111111111111111122 ;-*$1@@
    111111111111111111111111111111111111111111111111111111111111111111111111111111111 & ;%*$1@@
    >       111111111111111111   ;=>$1@@
  >-)) #%1$    11111111111111111111111111111111     ;8**1@@
  -8-">-)) #%   &  8      ;>7$@1@@
  >-)) #%    2  2  11111    ;***1@@
  >")) #>1"         1%1111111111   ;"7$1@@
  =$)) #>      8      ;-$7$1@@
  =$)) #=1$         11111111111111111111 & ;=*$1@@
  =$)) #=1$     11111111111111111111111111111111 & ;=*$1@@
  $@)) #>     --">81111111111111111111111111   ;"*$1@@
  $@)) #>   8    1111111111111111111111   ;-@*$1@@
  $@)) #>      , =8=@-++11111 2 ;**$1@@
  $@)) #>         11111   ;"$@1@@
  $@)) #>         1111111111111111111 & ;=**1@@
  $@)) #>         11111111111111111111  ;%8$1@@
  $@)) #>      111111111111111111111111111111222 ;$*$1@@
  $@)) #>      11111111111111111111111111111111111  ;8%$1@@
  $@)) #>     111111111111111111111111111111111122 ;%%$1@@
  $) #=1$       -===*++11111111111111111 & ;=>$1@@
     *@)) #%   --8==111111111111111111   ;->*$1@@
  *@)) #>1$    8    2 1111111   ;"7$1@@
  *@)) #%    111111111111111111111111111111111111 & ;>7$1@@
  -=$)) #>1"      111111111111111111111111111111111111122 ;>*$1@@
  -=$)) #%1$  111111111111111111111111111111111111111111111111111111111111111112 ;7$1@@
   >-)) #%      2  1111111111111111111111 & ;>*$1@@
   >$)) #%     111111111111111111111111111 & ;>7$1@@
   >")) #>    11111111111111111111111111111111111111111111111111  ;=%$1@@
   7$)) #>1$     =* 111111111111111111111   ;>7$1@@
   -$))  1111111111111111111111111111111111111111111111111111111111111 & ;7*1@@
        >= !<1111111111111111111111   ;%*1@@
          /-==$801111111111111   ;>>$1@@
    8 8 !<1111111111111111111111     ;>>$1@@
     79 89 8 !<11111111111111111111111111111111111111111111111 & ;%*1@@
 >")) #=1$  11111111111111111111111111111111111111111111111 & ;-7$1@@
  =$)) #>1"    =* 1111111111111111111111111111111111111 & ;%**1@@
  =$)) #=1$    11111111111111111111111111111111111111111111 & ;>**1@@
  $) #-1$    1111111111111111111111111111111111111111111111111 & ;=8$1@@
  $) #>1"        11111111111111111111111111111111 & ;>**1@@
  $) #>    111111111111111111111111111111111111111 &  ;>**1@@
  $) #>    2 111111111111111122   ;>7$1@@
  -=$)) #%1$   2  111111111111111111111111111111122 ;**1@@
  -=$)) #%1$    1111111111111111111111111111111111111111222 ;-**1@@
      -=1$) #%1$  1111111111111111111111111111111222 ;=7$1@@
  *@)) #%      1111111111111111111111111111111111111111122 ;-%$1@@
  -=$)) #%1$   2  1111111111111111111111111111111111122 ;**1@@
  >%  111111111111111111111111111111111111111111111111111111111111111   ;-"*1@@
      111111111111111111111111111111111111 & ;-7$1@@

    %&>  % !<11111111111111111111111111111111111111111 & ;-%$1@@


  $    111111111111111111111111111111111111111111111111111111111111111111111 & ;>>$1@@
      1111111111111111111111111111111111111111111111 & ;>%$1@@
      1111111111111111111111111111111111111111111111 & ;-7$1@@
  $@)) #>     --=%$111111111111111111 & ;%%$1@@
  $@)) #>    >  111111111111111111111111111111111111111111111  ;-**1@@
  -"@)) #%     =  111111111111111111111111111111111111111111111122 ;=%$1@@
  =$ & 7@)) #=1$     1111111111111111111111111111111 & ;>7$1@@
       8 !<11111111111111111111   ;-%$1@@
     " ? %>      1111111111111111111111111111111111 & ;8*$1@@
  -@ ? %@          11111111111 & ;%*$1@@
  8 ? >@      111111111111111111111111111111   ;->$1@@

%  ! !$


         %$))11111111111111111111111111111  ;-%$1@@
   *@)) # %   11111111111111111111111111111111111111111111111111  ;>7$1@@
         11111111111111111111111111111111 & ;-7$1@@
       11111111111111111111111111111111111   ;$*1@@
  %$)) #%    8%$    11111111   ;=>$1@@
  %@)) # %      1111111111111111111   ;-*$1@@
  %@)) #%   9'11111111111111111111111111111 & ;-$*1@@
  $@)) #>1"  1111111111111111111111111111111111111111111111222 ;**1@@
  --@)) #%   1111111111111111111111111111111111111111111111 & ;>*$1@@
  -$@)) #=1$    111111111111111111111111111111111   ;**1@@
  -$@)) #=1$    111111111111111111111111111111111111111111111  ;"*1@@
  -$@)) % 111111111111111111111111111111111111111111111111111111111111111111111111 & ;"*1@@
  ' ->@  1111111111111111111111111111111111111111111111111111111   ;8*1@@
       '  !< 1111111111111111111   ;$*1@@
      11111111111111111111111111111111111111111111111111111111112 ;7$1@@
        9'11111111111111111111111111111111111111111111  ;7$1@@
        9'1111111111111111111111111111111111111111122 ;$*1@@
         ' !<1111111111111111111 & ;7$1@@
     9'1111111111111111111111111111111111111111111111 & ;%$1@@
     11111111111111111111111111111111111111111111111111111111111222 ;"*1@@
  -$@)) #=1$  1111111111111111111111111111111111111111111111111 & ;-8$1@@
  8$)) #%     11111111111111111111111111 & ;-%$1@@
  --@)) #%     11111111111 & ;=8$1@@
  -$@)) #%     111111111111111111111111 & ;-%$1@@
       9'1111111111111111111111111111111111 & ;"*1@@
      9'111111111111111111111111111111111111111111111111 & ;$*1@@
  8   $@)) #%  -$@)) #%1$ 2  2  111111111 & ;-%**1@@
  8    $@)) #% 34  8 2  11111111111 & ;--*$1@@
  -$@)) #%1$ 34    111111111111111111111111111111111111111111111  ;=8$1@@
  %=)) #%1$        797 1111111111   ;7**1@@
  -$@)) #%1$     797 111111111111111111111111   ;=*$1@@
  -$@)) #%1$ 2     797 111111111111111111111111111  ;%>$1@@
  -"@)) %1$      1111111111111111111111111111111111111111  ;-**1@@
  >$@)) #%1$   1111111111111111111111111111111111111111111111111 & ;-*$1@@
  -$@)) #=1$ 9  8%$ 9111111111111111111111111111111111111111111111  ;>**1@@
  >-@)) #%     8%$1111111111111111111111111111111111   ;-*$1@@
  -"@)) %1$    11111111111111111111111111111111111111111111111  ;-8*1@@
  >>@    8711111111111111111111111111111111111111111111111111111111111 & ;*$1@@
 $$)) #=1$       8?71111111111111111111111111111111111 & ;-*$1@@
 $$)) #>1"   8%$11111111111111111111111111111111111   ;-**1@@
 >@@)) %   87 2     1111111111111 & ;-**1@@
      -$@)) #%18    8@@"1111111111111111 & ;$7$1@@
    %?$       8?711111 & ;7$1@@
   ->%       11111111111111111111   ;8*1@@
   ->%      111111111111111111   ;"*1@@

 %$%" $ ""  ""!"


  8         111111111111111111   ;"*$1@@
  &%@     8 11111111111111111111111111111111111   ;-8*1@@
  $          111111111 & ;=**1@@
  -@1$)) #>1" 34 &     11111111111   ;%>$1@@
  =$)) #-1" 34  & 11111111111111111111111111111111111111111111   ;--$1@@
  $@)) #-1" 91111111111111111111111111111111111111111111111111111111111111 & ;7$1@@
  $@)) #-1" 34 & 11111111111111111111111111111111111111111   ;->*1@@
  $@)) #-1% 34 1111111111111111111111111111111111111     ;>>$1@@
  8@)) #>1" 34  &   1111111111111111111   ;>7$1@@
  -@$)) #>1" 34 & &    1111111   ;%7$1@@
  =@@)) #% 34 & &  111111111111     ;"7$1@@
  -> & >%)) #% 34 & & 111111111111111111111111111111   ;%*$1@@
  -% & >%)) #>1" 34  &  11111111111111111111   ;--7$1@@
  -8 & "$)) #=1$9$18 34   &  1111     ;>**1@@
  -8 & "$)) #=1$9$18 34   &  1111111111111111111   ;>"*1@@
  -7 & $$)) #>1" #>1" 34 & & 2 111111111 &  ;$%$1@@
  -" & $$)) #=1$9$18 34  &     11111   ;**1@@
  >% & 7@)) #>1" 34  &  &111111111111111111111111111111   ;"%$1@@
  >% & 7@)) #>1" 34  &  &111111111111111     ;"**1@@
  >% & ->@)) #=1$9$18  9    911111111111111111   ;>7$1@@
  >% & ->@)) #% 34  &   
111111111111111111111111111111111111111111111111111111111111111111111111111111111     ;$7$1@@
  =$ & -@$)) #=1$9%1$ 9   111111111111111111111111111111111  ;->*1@@
  =$ & -=$)) #=1$9%1$ 9 2 11111111111111111111111111111111111111111 & ;->*1@@
  $$ & >@@)) #%9$18 &  & 1111111111111111111111111   ;**1@@
  "@ & %@@)) #% 34       111111111111111111111   ;8*$1@@
  -% -1%?   1111111111111111111111111111   ;>%$1@@
  -7 -17?   1111111111111111111111111111   ;>%$1@@
  >@ &- >1@  111111111111111111111111111 & ;->*1@@
  >@ &  11111111111111111111111111111111111111111111 & ;-*$1@@
  >@ &    111111111   ;=-$1@@
   >"  111111111111111111111111111111111111111111111111111111 & ;8$1@@
  -1%? 9 34      111111111111111   ;8*1@@

  >@        %99111111111111111111111111111111  ;-*$1@@


   >@)) #-1"      / 01111111111111111   ;>7$1@@
   =@)) #-1%       11111111111111     ;-**1@@
   $@)) #>1"   9 34111111111111111111111111111111111   ;-%$1@@
   -> & >%)) #%1$9$18      11   ;%%$1@@
   -$ & =@)) #=1$9%1$      11111   ;-**1@@
   -7 & =$)) #>1"9%    111111111111111111111111111122 ;-$*1@@
   -" & =$)) #=1$9%1$   11111111111111111111111111111111   ;$*1@@
   -" & >$@)) #=1$981=     1111111111111111   ;-8*1@@
   >"&=@@)) #=1$     111111111111111111111   ;8*1@@
   $@ & $@@)) #%1$981=   9 91111111111 & ;8**1@@
   7@ & >@@)) #>1"     11   ;=*$1@@
   7@ & >@@)) #>1"      3 41111111111111111111 ;$**1@@
   ->@ & =@@)) #>1"       111111122 ;7%$1@@
   -=$ & %@@)) #%1$9$18 34 11111111111111111111111111111111111111111122 ;>7$1@@
  -7 & $@)) #>1"  '    1111111111111   ;>8$1@@
  -" & >@@)) =1$981=      111111111111   ;"*1@@
  >" & =@@)) #=1$981= 9  '   11111111 2 ;>**1@@
  $$ & >@@)) #%9$18   ' 11111111111111111111111111   ;**1@@
  -> & >%)) #%     & 11111111111 2 ;>**1@@
  -8 & $@)) #>1"   &  111111111111   ;>7$1@@

 %
  =  >@@@   $@)) #-1%  11111111111111111   ;**$1@@
  =      111111111111111111111111111111111111111111111 & ;>**1@@
  = 111111111111111111111111111111111111111111111111111111111111111111111111111111122 ;>7$1@@
  >         $@)) #-1%1111111111111111111111 & ;=*$1@@
  >      /        0 111111111111222 ;=%$1@@
  >             11111111111111111111111 & ;=*$1@@
  >     11111111111111111111111111111111111111111111111 & ;=%$1@@
  >    11111111111111111111111111111111111111111111111111111111111222 ;-%$1@@
  >   1111111111111111111111111111111111111111111111111111111111111111122 ;-%$1@@
   >   11111111111111111111111111111111111111111111111111111111 & ;7$1@@
  =  -@@   =   % /01111111111222 ;-**1@@
  =  >@    =11111111111111111111111111111111111111111 & ;8*1@@
  >%)) #>1" '1111111111111111111111111111111111111111111111111111111111111111111111111 & ;-$$1@@
  >%)) #>1" '      11111111111111111111111111   ;-7$1@@
  >")) #>1" '111111111111111111111111111111111111111111111111111111111111111111111111122 ;**1@@
  >")) #=1$  11111111111111111111111111111111111111111111111111111111111111111111111 & ;->$1@@
  %$)) #>1"   1111111111111111111111111111111111111111111111111111111111 & ;-**1@@
  $@)) -1"  111111111111111111111111111111111111111111111111111111111111111111111111 & ;7*1@@
  $$)) #>1"     111111111111111111111111111111111111111111111 & ;-$*1@@
  -@$)) #>1"     11111111111111111111111111111111   ;=*$1@@
  -@$)) #%     1111111111111111111111111111111111111111111111 & ;>7$1@@
  -=$)) #>1"      9  1111111   ;-*$1@@
  -=$)) #=1$       111111111111111111111111   ;->$1@@
  >@@)) #%     111111111111111111111111111111111222 ;>*$1@@
  >@@)) #%    111111111111111111111111111111111111111111111111111 & ;*$1@@
  >@@)) #$18     2   11111111   ;%7$1@@
  =@@)) #>1"       -1% 11111111111122 ;%*$1@@
  $@@)) #"       11111111111111   ;>**1@@
  =$ & 7@)) #=1=9%1$      1111111111111111111 & ;-8*1@@
  =$ & -@$)) #=1$9%1$     1111111111111111111   ;-*$1@@
  =$ & -@$)) #=1$9%1$     111111111111111111111111111122 ;-=*1@@
  =$ & -=$ #=1$9%1$  111111111111111111111111111111111111111111111111111111111111112 ;-8$1@@
  %= & "8)) #=1$   11111111111111111111111111111111111111111111111111111122 ;8*1@@
  7@ & >-@)) #%1$9$18  11111111111111111111111111111111111111 & ;8$1@@
  7$ & -$@)) #=1$      11111111111111111111111 & ;7$1@@
  &>    111111111111111111111111111111111111111111111111   ;8*1@@
  8          111111111111111111111  ;-**1@@
  &>% >$@     %9% 11111111111111111 & ;>**1@@
   -=     11111111111111111111111111111111111111 & ;$$1@@
   ->     11111111111111111111111111111111111111111111111122 ;%*1@@
   --     111111111111111111111111111111111111111111111111111  ;%*1@@
   -8   9111111111111111111111111111111111111111111111111111  ;7*1@@
   >@@ 111111111111111111111111111111111111111111111111111111111111111111  ;8*1@@
   -8    =9 >9 =99>1111111111111111111111111111111122 ;**1@@
   -8    =111111111111111111111111111111111111111111111111111111111111122 ;8$1@@

(%" %
    %'     $@)) #-1" 1111111111111111111 & ;$*$1@@
    %          111111 & ;>*$1@@
    >        11111111111111111112 ;**1@@
    >   11111111111111111111111111111111111111111111111111111111111111111111111112 ;**1@@
    >    11111111111111111111111111111111111111111111 & ;--@1@@
   >-)) >       1111111111111111111111111111111111111111111111111111;8*$1@@
   >%)) #>1"     1111111111111111   2  ;-*$1@@
   >")) #>    11111111111111111111111111111111111111111111111111 & ;>>$1@@
   >")) #>1"  1111111111111111111111111111111111111111111111111122 ;$$1@@
   >")) =1$  11111111111111111111111111111111111111111111111111 & ;=*1@@
   =$)) #>1"     1111111111111111111111111111111  ;=%$1@@
   =$)) #>1"  111111111111111111111111111111111111111111111111111111111111111 & ;8*1@@
   $@)) #-1"  1111111111111111111111111111111111111111111111111111   ;$$1@@
   $@)) #-1"  1111111111111111111111111111111111111111111111111111111111111111  ;%$1@@
   $@)) #=1$  1111111111111111111111111111111111111111111111111111111111 & ;->*1@@
   -=$)) #=1$  1111111111111111111111111111111111111111111111111 & ;%*1@@
   >" & %")) #%  11111111111111111111111111111111111111111111122 ;8*1@@
   =$ & 7@)) #=1$9%1$  11111111111111111111111111111111111111111111111111  ;"*1@@
   =$ & 7@)) #%  1111111111111111111111111111111111111111111111111111111111 & ;7$1@@
   >@  111111111111111111111111111111111111111111111111111111111111111   ;>@1@@
     -%)) >$))1111111111111111111111111111111111111111111111111111 & ;$$1@@
       111111111111111111111111111111111111111111111111   ;$*1@@

:H XUJHQWO\ UHTXLUH \RXU XVHG SKRWRJUDSKLF HTXLSPHQW :H KDYH


FXVWRPHUV ZDLWLQJ IRU 1LNRQ &DQRQ /HLFD &RQWD[ %URQLFD
+DVVHOEODG DQG PRVW RWKHU PDNHV RI FDPHUD OHQVHV DFFHVVRULHV
ELQRFXODUV DQG FROOHFWDEOHV
:H ZLOO EX\ IRU FDVK IURP \RX RU ZH DUH KDSS\ WR VHOO RQ \RXU
EHKDOI RQ D FRPPLVVLRQ EDVLV %HVW SULFHV SDLG :H FDQ DUUDQJH
FROOHFWLRQ DQG HYHQ FDOO DQG FROOHFW DQG SD\ RQ WKH VSRW LI
QHFHVVDU\ DQ\ZKHUH LQ WKH 8.

:MWMXSVW EVI [IPGSQI TPIEWI TLSRI JSV ER ETTSMRXQIRX 43 &S\  'SXXIRLEQ 'EQFVMHKI '& ;9

/!#) % / ) %% )3! 4) 4!$$) 17&


$ */ $#!$ /!#) 1771 17&0(
%% )3! 4)* 4!$$) 177 17&(

7+( :(; 3520,6( 2YHU  3URGXFWV _ )UHH 'HOLYHU\ RQ  RU RYHU _ 'D\ 5HWXUQV 3ROLF\

 Z
'

.07




*"

&

/ 

  sZ //  / 

 
  "" sZ //

*"







 

 

/ 

  sZ //

/ 





& 

  sZ //  /   
   sZ
  sZ
 / 




Et

.,7




 

Et 




& 



Et  
Et  

h^dKDZ Zs/t%  
.Y 2 > 20
& t

5HDG RXU ' UHYLHZ RQ


RXU EORJ DW ZH[FRXNEORJ









& &
DK ^

& &
DK ^

& &
DK ^

& &
DK ^

Et 

& 

 
 
 





& 




 
 






 
Et  

 

h^dKDZ Zs/t%  
.^ 0
  ,

5HDG RXU ' UHYLHZ RQ


RXU EORJ DW ZH[FRXNEORJ

/JLPO $BTICBDL PGGFS FOET 

&  E " K h< Z / "     """0

 ^

Z // 

Et

.7

 //

'
',

*"


.&77

*"

Et


< s

< s

Et Z //
Z // 
 // 
 




/ 

 / 


 &

   / 

  W
/ 

 // &



 // 
 // 
 




ZKDDE >E^^%

ZKDDE >E^^ %
^ & &"    ^ d"""""""""""""  /  
^ &  "  K^^  s ^ d  /  

^  " ' ^^D //


 / 


D

Et

 ^

 ^







ZKDDE >E^^%
 " s W K/^" 
 "" K/^ """""""""""" 
" " ^W, """""""""""""""""" 

 " """"""""""""""""""" 
" //""""""""""""""""""""""""""""" 
 """"""""""""""""""""""

Et

< //

yd

 ^

y  ^




& 

Et KD D // 



Et KD D // 

Et KD D // 

KD D 
/  
Et KD D  // ty y>h^/s
/  

W> 
W> 

0MZNQVT $BTICBDL PGGFS FOET 

Et ' 
Et ' 
Et ' 
Et ' 
'& 

KD D //

& 

1BOBTPOJD $BTICBDL PGGFS FOET 

4POZ $BTICBDL PGGFS FOET 

KD D //

',

',  ""
 / 

'y 

'y

D 

 
)!'



KD D 
KD D 
ZKDDE >E^^%
K  "
 / 

K  "
 / 

Et K 
" W""""""""""""""""""""""""""""""""" 
7JB 3FEFNQUJPO 0GGFS FOET 


& ,

< //

&

Et < // 

Et < // 

<  / 

<
 / 

<^

<^   / 

1FOUBY $BTICBDL PGGFS FOET 

y

Et

&



y 

y 

yD 

yW &Z

yd

& 

Et yd 

  y& 
 y&

yd   / 


&h:/EKE yDKhEd >E^^%


" Z""""""""""""""""""""""""""  Et  " Z >D tZ""
" Z""""""""""""""""""""""""""  Et  Z >D tZ y& """""
 " tZ K/^ y&"""""""""  " W y&""""""""""""""""""""""
'VKJ $BTICBDL PGGFS FOET 

 
 
 
 

3 2* 5 %) $)#6 & 6)* $


 #46*
)!3 5##$/ *)3! %/

%$#!$ $ !$ */%)(


- :KLJKDP 1RUIRON

7&,70 17+,&

 
     
3!*!/ 444(45(%(2"

7JTJU PVS 1RUZLFK 6KRZURRP RSHQ IURP DP 'DLO\


%SBZUPO )JHI 3PBE PQQPTJUF "4%"
/PSXJDI /3 %1
7+( :(; 3520,6( 3DUW([FKDQJH $YDLODEOH _ 8VHG LWHPV FRPH ZLWK D PRQWK ZDUUDQW\

 $4    


 )3%#2/!%$ !$ )*%#2/!%$

Et ^  

Et ^ Z  

K^  D//

K^ 
5

ZKHQ ERXJKW ZLWK


VHOHFWHG OHQVHV

& 

 D //



)RU &DQRQ '6/5


DFFHVVRULHV YLVLW RXU
ZHEVLWH DW ZH[FRXN

 
/5 

  /^ ^dD
 /5 

  /^ ^dD
 /5 


h^dKDZ Zs/t K^   /^ ^dD


= @
 W

 D ///

K^ 

5


5


& &
DK^

& &
DK^

& 

 
  6 > /^ h^D

 D // 

^ 555

 
  66 /^ ^dD
  66 /^ ^dD

& &
DK^

&






^ 555

XS WR

&$6+%$&.

 


Et  
 
 
 

h 5 K 55
^ 555

5


5


ZKHQ ERXJKW ZLWK


VHOHFWHG OHQVHV

XS WR

&$6+%$&.

5






5

d K^ 
 ^  ^>Z
6 DK^


6
 
^ Z 
6
Et ^ 
Et ^ Z 

Et

K^ 

Et

5

XS WR

&$6+%$&.

5
& &
DK^

ZKHQ ERXJKW ZLWK


VHOHFWHG OHQVHV



 

 D /// & 




 D /// 

 D ///  6> /^ h^D


h^dKDZ Zs/t K^  y  ^>Z  


?
 D
5@
 

$BOPO %%  % .L ** $BTICBDL PGGFS FOET  $BOPO % .L *** $BTICBDL PGGFS FOET 
$BOPO % $BTICBDL PGGFS FOET 

) %3

 

'd>
F  D ,
F D ,

4XDOLW\ XVHG FDPHUDV


OHQVHV DQG DFFHVVRULHV
ZLWK  PRQWKV ZDUUDQW\

ZZZZH[FRXNSUHORYHG
&YDMVEFT JUFNT NBSLFE BT JODPNQMFUF PS GPS TQBSFT

D
 y d
'd6666666666666666666666666666666666666666666666666666
'd6666666666666666666666666666666666666666666666666666
'd6666666666666666666666666666666666666666666666666666
'd> 66666666666666666666666666666666666666666666666666


d d
 D ,
 D ,

DdyWZK
 D ,
  D ,
DdyWZK 66666666666666
DdyWZK 66666666666666
DdyWZK  & 66666666666666
DdyWZK  & 66666666666666
DdyWZK Z  ,666666
DdyWZK Z  ,666666

, 'W
 D >
 6 ,


  Z
' 66666666666666666666 
 & 66666666666666666666666 

: d
K666666666666666666666666666666
,66666666666666666666666666666666 
^>Z 666666666666666666 
& 'W6666666666666666 

& > 
D

^

^

<

&

&

&

.7

*"

y // 
/5 
yZd




DZy //


Ddy


D 

&

^


^


Z h

Z

,s>&D ,s>&D


&

&

&

&


 &


D^


& ' ^d
5

& ' ^
5

D '
D &
& 5

 //66666666666665
6666666666666666
 D //666

Ddd 
&dd 

D 
5

W /// ^



h & <

Wy ^
5

^ 
5


^


> ^
&
5



 , 
^ 5 & 5 ' 5 ^ 5

& &' & &'




Wy

W&y6666666666666665
Z W 6666666666665

Z
^
Z <
/ ,
C




&>Z


&

D'

&
5

&>Z
5

& & ^
& 5 & 5

Z

5

5
h  
d& <


& 5
5

^ >


W Z
5

W &
5

d   5 sd 5 W
6 &Z 
 6
& 6
 6 & E t  
66 ^
66  
Z
E6/6 ^ 6 /
6 6 K66 W 6

' 6 > 
5
6 D&
6 ^
K  6 t


6 
& 5
6 E
;/E= 6 6
t W t 
>6 t  6
d ^,<^ 
5 6 W 6
^  , Z ^
E5 EZ W5 D t^  d
 ^ 

   

  

+ & " + & "" &/ 0& 0!!&

3#)3,
-3()#
  
"  

-3# ! '+


! ! + & -33--3#,$
"" &/ 0&' 0!!& -33-3#$

/'+ 000$01$"$.

% #  %"" 
 
   #"#
  " " "  
 $ %
 %   $ 
^>Z >

&G^ G G /^ ^dD 


/
 
&G^ G G /^ ^dD 
/


EKE >E^^
&  h^D  1
&G^  W 
&   h^D  
&  /^ h^D  
&  ^dD
/
 (
&  > h^D
&  D > 
&   > h^D //  
d^G ( 
&  h^D D  1
&  > /^ h^D  
&  K /^ h^D //   
&  > /^ h^D // 1
&G^ G G h^D 
/

Et & G > h^D  
&G^ G G /^ h^D
& G  > /^ h^D
&G^ G  /^ h^D  1
/

&G^ G G /^ ^dD >  
&G^ G G /^ ^dD  11
/

&G^ G G /^  1
& G  > /^ h^D //
& G  > /^ h^D
& G G /^ h^D 
& G > /^ h^D //
& G G /^ h^D 1
/
 
& G G > /^ h^D  
& G G> /^ h^D //  

E/<KE >E^^
  ' /&G & y &  
  &  > 
 ' &G^  
 ' &G^  
  ' &G^  
 ' &G^ y 
 '  &G^ 
 ' &G^ y D  1
  WG D 
 ' &G^  D  
  & D 1
  ' &G^ 
  ' &G^  
 ' &G^ sZ /&  D  
  &  
   & /&G 
 & D  
Et  &G^ W&  sZ 
G G ' &G^ y  
G ' &G^ /&G y 1
G  '  &G^ 
G G '  &G^ y sZ  
G  '  y &G^ /&  
G G' &G^   
G &G^ y G '  sZ 
G G '  &G^ y sZ  
G G '  &G^ y sZ //  

G G  &G^ sZ  


G  '  &G^ 
G G &G^ '  sZ 
G ' &G^  sZ  
G G '  &G^ sZ 
G G ' &G^ y sZ /&G 
G G ' &G^  y sZ //  
/
 (
G G ' &G^ y sZ
/
 (
G '  &G^ sZ //  
G G '  &G^ /& sZ 
G G '  &G^ sZ 1

^/'D >E^^ C z t
  ,^D  
 ' ,^D  
 y ' ,^D  
 y ' D 
  y ' ,^D  
 WK y ' K^ ,^D D  
 y ' K^ ,^D D  1
G G  ,^D 
G G y  ,^D
G  y  ,^D  
/
 ((
G G y ' ,^D // 
G G  K^ ,^D  
G G  K^ ,^D //  
G G  D K^ ,^D 
Et G G  
D K^ ,^D 
G  /& y ' ,^D  
G  y  WK K^ ,^D 
G G ' K^ ,^D 

G  y ' K^ ,^D  


G G ' K^
G  K^ 
G G ' K^ ,^D & 
G G ' K^ ,^D 
Et G G ^ ' K^ ,^D 
Et  ' ,^D  
Et G G  ' K^ ,^D 1

dDZKE >E^^ C z t
   ^W & D 1
G G  // > ^W & ^W /& 
Et G  ^W  s h^ 
G G  // s W D 
/
 (
G G  // s W  
G   s h^ ^W  
/
  (
G G  s W  
G   s h^ 
/
  (((
G G ^W  s h^ 
/
  (
5BNSPO $BTICBDL PGGFS FOET 
$BOPO $BTICBDL PGGFS FOET 
/JLPO $BTICBDL PGGFS FOET 
4JHNB $BTICBDL PGGFS FOET 

& C d)
^ ^ )

W  Z
3UR7DFWLF
 $:
7RSORDGHU 3UR
 $: ,, %ODFN
3HUIHFW IRU
FDUU\LQJ D 3UR
'6/5 SOXV D
VWDQGDUG OHQV
SOXV
DFFHVVRULHV

3HUIHFW IRU
FDUU\LQJ  3UR
'6/5V RQH
ZLWK XS WR 
DWWDFKHG  XS
WR  OHQVHV
VSHHGOLJKWV
D  ODSWRS
WULSRG DQG
DFFHVVRULHV

, W
K
<

D
W


'HVLJQHG
WR KROG
D '6/5
OHQVHV DQG
VHYHUDO DFFHVVRULHV

$SDFKH 
0HVVHQJHU %DJ
%URZQ

d!
Wd!
W t //  t  
W t //  t 

!
 
 
 






 > < 
&E > <
^ 

^ 
>
W K

Et 
^ W 
 W
D
^

/ W W
W d d
^ 
D 
>  

 )

  

 

 

++&2

' %
"

 

W^ ^y ,^

W^ ' y

' %
"

W/yD W ^ 1
W/yD W ^ 
W/yD W 

W^ ' y D //



/yh^  
W^ ^y ,^ 
/
 (
W^  
/
 ((
W^ ^  
W^ ^y ,^ 1
/
 
W^ ^y ,^
/

W^ ' 1

'SFF POF ZFBS TVCTDSJQUJPO UP "EPCF $SFBUJWF $MPVE SFEFFNFE QPTU QVSDIBTF WJB $BOPO "MM $BOPO PGGFST FOE 

t'C
Z 

Z 'Z
D
 'Z  


^

> >y 
^ ^,C
^ d d'C
^ ^WC
^ d d'C1  ^ t 

C^ Zy ///
 / 


C ,y 
C ,y &Z
1
C ty
C^ Zy // &Z  
C^ Zy 
/
 (
C^ Zy 
/
 (
C^ Zy Z  
/
 (
C^ Zy 
/
 (
4POZ $BTICBDL PGGFS FOET 

&Z

> d

> DC& 


^

W^C

&W yd 1

&W ^ 
&W ^ 1
&W y ^  
&W ^1 
&W yW1 W  
yY ^   

> &d
> ^
> & 
> d 
> d11
> >&
> &d K
> &

&W y 

Et :/
Y

& 

1(:

 W



(P1SP BWBJMBCMF TFQBSBUFMZ

 C ) h<

   
  =      

      


  /99

 
# 



 #  *8 - $25J$? 15K-7?? (.1E$> - 24+))-))

 
/09 

53 >$#$27%E.B653)
BO
$3#? 64

   ; -   D*@4;44

   ; -   D)*4;44

   E,E=? ?
(?E ? .E .? (1$L.1$;
I.1E (5> E,5?$ K.E,
 15J$ 5( ?7$$#;

I11-(>2$ HH;F 
  K.E, A6-75.3E
IE5(5 I? 3#
A(7? 53E.3I5I?
?,55E.3+; 7EI>$
,.+,-<I1.EM I11
 25J.$?;



 /#9  + '##   - .E,5IE E57 73$1  - 20 )-))

&

   +9




)
FOBAB6

 

 


$''








  
 



3#?

 + '## 

  4499

& &   

  .11.
M
?
E
 7

2 . " ,. 2 11

H H
$

7 $
5 (5 1$ 3#
? 7
7

H B4B6)

-?E5>$
 ?0 .3 .1?
E
(5> #$

-?E5>$
 ?0 .3 .1?
E
(5> #$



$"'

2
7E.53
5
3 >$#$
B6)
AB%
$3#? H

   ; -   D)44;44

& &   



&

%%



       
     
 ;

  #499
 + '## 

 + '## 

.+,EK$.+,E
3# 75K$>(I1
?1.21.3$ - 
K.E, (2.1.>
E5I ,? >$$3
57$>E.53;

%

$''

$& '

1?? 1$#.3+ IE5(5 I? .3,$>.E$# (>52 .053=? 1$+$3#>M


7>5($??.531 2$>? $3?I>$? 7>$ .?$ ?I/$ E  <I.?.E.53 #5K3
E5 -F ;  #$#. E$# 2$3I (5> 25J.$ ?$EE.3+? 3# #J3 $#
57E.53? (5> I#.5 53E>51 +.J$ 25J.$20$>? 25>$ (1$L..1.EM; I.1E.3 .-.   ?I775>E 20$ .E $?M E5 I715# .27>$??.J$ ?E.11?;

$&% $

    

  ##99

 

 


  

%" %   

&%

&&

$
  /599



-?E5>$
 ?0 .3 E.1?
(5> #$

 


&& %   

-?E5>$
 ?0 .3 .1?
E
(5> #$

I11-(>2$  7>5
#$?.+3 5?E.3+
I7 E5 @ (7?
?,55E.3+" )6"HOO
   5J.$;

$'

53
$27E.
53 >$# BO%B6)
$3#? 64

  

$ '


  


 

  #

&' &   







$'

  / (

 


& &   

"



  

$K H*;H 2$+7.L$1


 ?$3?5>  1E$?E
   A 7>5 $??5>"
(I11  25J.$ 25#$
 E57 73$1 ;

&

$'

.E,  527 E"


1.+,EK$.+,E 3# ?EM1.?,
5#M E,E=?  71$?I>$
E5 >>M" E,$  F
7IE? 11 E,$ 75K$> 5( 
 " 5271$E$ K.E,
.3E$> ,3+$1$ 1$3?$?
>.+,E M M5I> ?.#$;
& &   



' "   

&

 + '##
 
 

6%-2$+7.L$1 7,5E5?
3# I11- J.#$5;
5J.$ $>J5  0$$7?
25J.3+ ?I/$ E? .3
(5 I? K,$3 ?,55E.3+
J.#$5; >.-3+1$
1$> .$K 
5I ,  >$$3;
   

I11-(>2$
)O;A-2$+7.L$1
>$?51IE.53 ?$3?5> 
(I11   5J.$?
3# E.2$-17?$
?,5E? .3- 2$>;

  4

 + '##
 
 

$%'

2
7E.53
5
3 >$#$
B6)


$
   ; -   DFA4;44

$3#? H

AB%

.E, I.1E-.3
.-. 3# "
E,.? .27>$??.J$
H*;H-2$+7.L$1
-(5>2E 2$>
1$E? M5I 7EI>$ 3#
?,>$ E,$ 2+.
5( M5I> K5>1# .3
.3 >$#.1$ #$E.1;
& &   

"

$'

2
7E.53
5
3 >$#$
B6)


$
   ; -   D)64;44

7+>#.3+ - K$ K3E M5I> 51# 2$>? 3# 7,5E5+>7,. $<I.72$3E'

   
   
                  
         "

?0 I? E5#M 3# ?$$ ,5K 2I , M5I> 51# $<I.72$3E .? K5>E, - .E 2M $ K5>E, 25>$ E,3 M5I E,.30'

$3#? H

AB%

      !

777- %.*6,-*-6(


   

   )
" %   

 


$'



 

>$
?0
.3-?E5
.1?
E
(5> #$

'+9 + '##  ##'599 & 2)))-))

 
 -+999
6-.3 , ?$3?5>" * J.
>.+,E 6AL 8H)22 E5
$<I.J;9 57E. 1 N552
,M>.#   ?M?E$2 7
E,$ .1.EM E5 $LE> E 3 %
2$+7.L$1 ?E.11 (>52 J.#$5;
&'    

$'



$
   ; -   DAO4;44


$3#? @B

  
.3-?E5>$
 ?0
E.1?
(5> #$

'

   5/  + 
 



'+      


 ! 2)5$-))

$!

53 >$#$27E.B65)3
BO
$3#? F

      ;

I11 *BF># ?$3?5>"


$.  H*-@)22 8$<I.J;9
(6;@-H;% 1$3?" $1$ E>53.
J.$K(.3#$> 3# *0 J.#$5
>$ 5>#.3+ 7.1.EM 3#
1??. ?EM1.3+;
" '   

$''



53
$27E.
53 >$# BO4B6)
$3#? A



  

5
53 >$#$274BE.6)

$3#? @B

.3-?E5>$

 ?0
E.1?
(5> #$

'

$''




2

7E.53
5
  
3 >$#$
 
6)

 

$
   ; -   D6H*4;44

    - ' +9

   

,$ 25?E 527 E


 - E5 #E$ .? E,$ 25?E
((5>#1$; <I.77$# K. ,
I.1E-.3 (1?, 3# ..;
,$ - 6O 5IE7$>(5>2?
  2$>? 5E, .3
E$>2? 5( ?.N$ 3# .2+.
$L $11$3 $'

,$ 1M27I?  -  >0 K.E, 6H-*O22 H %


 1$3? .? I.1E >5I3
 6A-2$+7.L$1 *BF 
 ?$3?5> 3# E,$
5273M=? 25?E 75K$
)-L.? .3-5#M 2+$
E.1.?E.53 ?M?E$2 M



  &' 6

$!

" '   

&





   ; -   D*44;44

53
$27E.
53 >$# BO%B6)
6
$3 #? F


 


BO
$3#? A

4B

 


 


BO
$3#? A

/

5>1#=? (.>?E
 0-.11I2.3E$#
(I11-(>2$
*H;*-2$+7.L$1
L25>   
?$3?5>" K,. ,
#$1.J$>? ,.+,
>$?51IE.53;
&    

& 

'

 
 +5
 


 

89

  &' 6!H;%  

'

 
+5


 



 
 

    -  +

 #

" '   

$'

5
 53 >$#$274BE.6)

  


+5 
89

0999

& %   



E$?E H*;F  L25>


  (I11-(>2$
?$3?5> 
K5>1#-1$#.3+ @4
7,?$-#$E$ E.53
75.3E?; 6H (7?

53E.3I5I?
 
 
?,55E.3+;


E
(5> #$

   ; -   D*44;44

& %   

""

?0 .3-?E5.1>$?



I7$> <I. 0 IE5(5 I?


.3  ,.+,1M 75>E1$
7 0+$;  
>I-.3#$>G" 23I1
53E>51? 3# .+  >3+$
5( 1$3?$? J.11$;

$'

 

$ '

  +0'#9 

$
   ; -   D444;44
  & 

 


" '   



$
   ; -   D)4*;44
  

EI33.3+ H*;F 
L25>   (I11(>2$ ?$3?5>  3$K1M
#$?.+3$# H;F 
-  J.$K(.3#$>;
 $7E? 3$K  1$3?
25I3E  $7E?  5> 
25I3E J. #7E$>;



" %   

I/.=? 5>.+.31 (1+?,.7 25#$1 7 0? 


7I3 , (5> 7>5 7,5E5+>7,$>? K3E.3+ 
1.+,EK$.+,E 1E$>3E.J$ E5
   5> $.  >3+$(.3#$> 2$>;
5K J.11$ 7 0+$# K.E, EK5 7>.2$
1$3?$? .3 3 5IE?E3#.3+ J1I$ 0.E;



  5 '/9 

& %   


    ' +

   
 - +99

5
 53 >$#$2O74BE.6)

 

  + '##   

 -?EM1$ 2.>>5>1$??
?M?E$2 K.E, 2$ ,3. 1
#.1?" K$E,$>>$?.?E3 $  ,.+,-?7$$#
7$>(5>23 $;

527 E 
1.+,EK$.+,E 5#M"
$K  53$ 3#
.#$B> 0.3+
25#$?" ->3?
  ?$3?5>



 -     


    '+



 
89

>5-1$J$1 ($EI>$?" )-L.? .2+$


?E.1.?E.53" ?E5I3#.3+ " K.-(.
53E>51" >I$. 
7>5 $??5> 11 .3 
#I?E" ?71?, 
(>$$N$7>55(!
11-E$>>.3"
11-K$E,$> 5#M;

" '   



 


'
 $ 


 
    '+9





  -))

-?E5>$
 ?0 .3 .1?
E
(5> #$

2+ )
7*. 3&F6BO%B6);
$3#?


9)44 /443

 
9)49/ .3


9) 34 4.4/

 
9)/) 3 .99

 
9)) ''4) '

 
9)'/4 //493

  8   9


9)). '4' )'3


9)334 3 /

 
9)'4/ /)//

 
9)/93 /)43.

 
9).44 33 3/


9)'9 443)

  8 9


9)). '4. /)


9)3'4 4.'94

 8  9
9)44 4..

 
9)) ' ) . /

  8   9


943 933 ).49

  
9)4 4 )' )

 
9) 4 39 )3

 8  9
9)44 ) )3)

  
9).4 // '

  8  9


943 944 )'.

   
(&825,8
'%39*%


9)4 34/3)

 
9) 3 9 9 9

  89
949. 3.'9499

 
943 '43 ''33

 
9)43 4''

     

$1$ E$# ?E5>$? 57$3 I3#M


- 71$?$ ,$ 0 (5> #$E.1?;


  72 8 $#6,8 6#$$ ,(% $$
 ,&"-+ (-2!  &-5,& 1 +'' (, %(-2 #2%-+
;  ; ; >. $? <I5E$# .3 1I#$   HO:; >. $? ?I/$ E E5 ,3+$; 55#? ?I/$ E E5 J.1.1.EM;

7JTJU PVS TUBUF PG UIF BSU


TUPSFT JO #VSHFTT )JMM 8FTU
4VTTFY
BOE $FOUSBM -POEPO
7JTJU PVS XFCTJUF GPS EJSFDUJPOT BOE
PQFOJOH UJNFT GPS CPUI TUPSFT

&YQFSUT JO QIPUPHSBQIZ
$BOPO &04 % .BSL ***

5IF &04 % .BSL *** JT B GVMMGSBNF DBNFSB


XJUI NFHBQJYFM GVMM GSBNF TFOTPS XJUI
QPJOU BVUPGPDVT BOE GQT DPOUJOVPVT
TIPPUJOH 3FDPSE TVQFSC 'VMM)% WJEFP XJUI
NBOVBM DPOUSPM PG GSBNF SBUF BOE BVEJP

6OCFBUBCMF TUPDL BWBJMBCJMJUZ

/JLPO %

g

/&8  */ 450$,

53"%&*/

'3&& -&/4
(*'54
$"4)#"$,

#PEZ 0OMZ

$BOPO &04 %4  %4 3

$PNCJOF GBTU JOTUJODUJWF %4-3 IBOEMJOH


XJUI NFHBQJYFM SFTPMVUJPO BOE DBQUVSF
FYRVJTJUF EFUBJM JO FWFSZ NPNFOU
7JTJU XXX1BSL$BNFSBTDPN  XBUDI PVS
pSTU MPPL WJEFP UP MFBSO NPSF

&04 %4 '30. g  w &04 %43 '30. g 


$BOPO &04 % .BSL **

g

53"%&*/

'3&&



#"55&3:




'3&&
$"/0/
#"(

 

#PEZ 0OMZ

431
$BOPO &04 % #PEZ
g
431
$BOPO &04 % #PEZ
g

&'4 NN *4

g 

g 

*O TUPDL OPX

$BOPO &04 % '3&& $BOPO &04% 9


#"55&3:





 

53"%& */

'3&&
$"/0/
#"(

#PEZ 0OMZ NN




$BOPO ( 9

*/5&3&45

'3&&

 

g

 

$3&%*5

#PEZ 0OMZ g 


4FF XFCTJUF GPS GVMM EFUBJMT

1SJDF JODMVEFT g USBEFJO CPOVT 5SBEF JO


"/: XPSLJOH DBNFSB GPS B NJOJNVN g

1SJDF JODMVEFT g USBEFJO CPOVT 5SBEF JO


"/: XPSLJOH DBNFSB GPS B NJOJNVN g

g




&' NN G 45.

$BTICBDL

/&8

 


#PEZ 0OMZ  *4 45.

g

g

1SJDF TIPXO JODMVEFT g DBTICBDL


$MBJNFE GSPN $BOPO 6,

$"/0/ -&/4&4
NN G- ** 64.
g 
NN G 64.
g
NN G- .L ** 64. g 
NN G *4 64.
g
&'4 NN G 45.
g
NN G 64.
g
NN G *4 64.
g
NN G- 64.
g
NN G *4 64.
g
NN G 45.
g
NN G - 64.
g 
NN G 64.
g
NN G **
g
NN G .BDSP
g
&'4 NN G .BDSP g
.1& NN G
g
NN G- ** 64.
g 
NN G 64.
g
NN G 64.
g
NN G 64. .BDSPg
g
NN G- .BDSP *4
NN G- 64.
g
NN G- 64.
g 
NN G- *4 64. g 

4FF XFC GPS NPSF EFUBJMT

/JLPO %

g

g

/JLPO %

g

$"4)#"$,

 



$"4)#"$,

 











 



#PEZ 0OMZ  73 **

g

*O TUPDL  POMZ g


"EE B )PZB NN 67 $
).$
'JMUFS GPS KVTU g

1SFPSEFS OPX g


1SFPSEFS OPX GPS POF PG UIF pSTU BWBJMBCMF
TUPDL JO UIF 6,  %VF +VMZ

 ZFBST

*OUFSFTU 'SFF
$SFEJU PO
$BOPO -FOTFT

1SJDFT VQEBUFE %"*-:


4FF XXXQBSLDBNFSBTDPN"1 GPS EFUBJMT

NN G- 64.


g
NN G- 64. *4 ** g 
4FF XFC
NN G %0 *4 **
NN G- 64.
g
NN G- *4 ., ** g 
NN G- *4 ., ** g 
NN G- *4 64. g 
54& NN Gg 
54& NN G- **
g 
54& NN G
g 
54& NN G
g 
NN G- 'JTIFZF 64. g
&'4 NN *4 45. g
&'4 NN G g
&' NN G- 64. g 
&'4 NN G *4 g
NN G- ** 64. g 
NN G- *4 64. g
NN G- 64.
g
&'4 NN G *4 64.g
&'4  *4 /P QBDLBHJOH
g
&'4  *4 MM /P QBDLBHJOH
g
&'4 NN *4 45. g
 *4 45. /P QBDLBHJOH
g

&'4 NN G g


NN G- ** 64. g 
NN G- *4 64. g
NN G- *4 64. g
g
NN 8IJUF #PY

NN G *4 g


NN G- *4 g 
&'4 NN G *4 45. g
&'4 NN G ** g
NN G- *4 ** 64. g 
NN G- 64. g
NN G- *4 64. g
NN G- 64. g
NN G *4 g
NN G- *4 64. g
NN %0 *4 64. g 
NN G *** g
NN G *** g
NN - *4 64. g 
NN - *4 64. **g 
&' NN G- 64.g 
Y *** &YUFOEFS
g
Y *** &YUFOEFS
g
&' ** &YUFOTJPO 5VCF
g
-FOT QSJDF TIPXO JODMVEFT DBTICBDL

1SJDF TIPXO JOMDVEFT g


DBTICBDL DMBJNFE GSPN /JLPO

1SJDF TIPXO JOMDVEFT g


DBTICBDL DMBJNFE GSPN /JLPO

g

g

g

/JLPO %

/JLPO %

 

 



#PEZ 0OMZ

 73

#PEZ 0OMZ

 73

g

g  g 

g  g 


1SJDF TIPXO JOMDVEFT g
DBTICBDL DMBJNFE GSPN /JLPO

1VSDIBTF XJUI TFMFDUFE /JLPO


MFOTFT  SFDFJWF g DBTICBDL

1VSDIBTF XJUI TFMFDUFE /JLPO


MFOTFT  SFDFJWF g DBTICBDL

/JLPO %

/JLPO

/JLPO $PPMQJY 1
















 

*O TUPDL BU POMZ g


4FF XFCTJUF GPS EFUBJMT

"EE B /JLPO &/&- TQBSF


CBUUFSZ
Z GPS KVTU g

"EE B /JLPO 4#


TQFFEMJHIU GPS KVTU g

"EE B /JLPO &/&- TQBSF


CBUUFSZ
Z GPS KVTU g

$BTICBDL

0OMZ g

&/&-B

1(:

g  g 

g

#PEZ 0OMZ

#PEZ 0OMZ 4FF XFC GPS


GVMM EFUBJMT

4QFFEMJHIU
%VF +VMZ

#PEZ 0OMZ  73**

g




/JLPO 4#
/&8

#PEZ 0OMZ  73**

$"4)#"$,

1SJDF TIPXO JODMVEFT g DBTICBDL

g g 
$BOPO
&04 %



g g 

g 

1SJDF TIPXO JODMVEFT g USBEFJO CPOVT


5SBEF JO "/: XPSLJOH DBNFSB GPS B NJOJNVN g

.*/.6.

/JLPO %

6, TUPDL

g

1SJDF TIPXO JODMVEFT g USBEFJO CPOVT


5SBEF JO "/: XPSLJOH DBNFSB GPS B NJOJNVN g

'30. g 

$PNQFUJUJWF MPX QSJDJOH

"'4 NN

g

G(
73 %9

$BTICBDL

0OMZ g

/&8
%6& */
+6-:

g

$BTICBDL

0OMZ g

1SJDF TIPXO JODMVEFT g DBTICBDL

1SJDFT VQEBUFE %"*-:


4FF XXXQBSLDBNFSBTDPN"1 GPS EFUBJMT
"'4 NN G( %9
g
"'% NN G%
g
"'4 NN G(
g
"'4 NN G(
g 
"'4 NN G( 73
g
"'%$ NN G /JLLPS g
"'% NN G%
g 
"'% NN G *' &%
g
"'% NN G% *' &% g 
"'4 NN G( &% 73 ** g 
"'4 NN G( &% 73 ** g 
"'4 NN G % *'&% g 
"'4 NN G( &% 73 g 
"'4 NN G '- &% 73 g 
"'4 NN G( &% 73 g 
"'4 NN G( &% 73 g 
"'4 NN G
g 
"'4 NN G( g
"'4 NN G ( *'&% g
"'4 NN G( &% g 
"'4 NN G( &% 73 g

4POZ %4$ 39 **


 

   




G
&% 73 %9

1SJDF TIPXO JODMVEFT g DBTICBDL

/*,0/ -&/4&4
g
"'% NN G%
g 
"'% NN G% 'JTIFZF g
"'4 NN G( &%
g
"'% NN G
g
"'% NN G%
g
"'4 /JLLPS NN G( g 
"'% NN G
g
"'4 NN G(
g
"'4 NN G(
g 
NN G "' /JLLPS %
g
"'4 NN G( &%
g
"'4 NN G( %9
g
"'4 NN G( &%
g
"' NN G%
g
"'4 NN G(
GS g
"'% NN G
g
"'4 NN G(
g
"'4 NN G(
g 
"'% NN G .JDSP
g
"'4 NN G( .JDSP &% g

"'4 NN

"'4 NN G( g


"'4 NN G *' &% g 
"'4 NN G( %9 g
"'4 NN G( g
"'4 NN 73
GSg
"'4 NN &% 73 %9 g
"'4 NN &% %9 73 ** g
"'4 NN G 73 g
"'4 NN G( &% g 
"'4 NN 73
GS g
"'4 NN G( &% 73 g
"'4 NN &% 73
g
"'4 NN 73 %9
g
"'4 NN 73 %9
g
"'4 NN G 73 **g 
"'4 NN G &% 73 g
"'4 NN *' &% 73 g
"'% NN &% 73
g
"'4 NN &% 73
g 
"'4 NN 73 **
g 
-FOT QSJDF TIPXO JODMVEFT DBTICBDL

4POZ B3 **
 

/&8
%6& */
+6-:

  







/&8
%6& */
+6-:

1SFPSEFS OPX

1SFPSEFS OPX

1SFPSEFS OPX

1SFPSEFS GPS POF PG UIF pSTU


BWBJMBCMF JO UIF 6,

1SFPSEFS GPS POF PG UIF pSTU


BWBJMBCMF JO UIF 6,

1SFPSEFS GPS POF PG UIF pSTU


BWBJMBCMF JO UIF 6,

g 

g

g 

4POZ 39 ***

4VNNFS $BTICBDL

4BWF VQ UP g PO TFMFDUFE


4POZ $BNFSBT MFOTFT 
BDDFTTPSJFT
PFS WBMJE VOUJM 

"MM QSJDFT JODMVEF 7"5 !  'PS PQFOJOH UJNFT BOE TUPSF BEESFTTFT WJTJU XXX1BSL$BNFSBTDPN"1 "MM QSPEVDUT BSF 6, TUPDL &0&

1SJDFT DPSSFDU BU UJNF PG HPJOH UP QSFTT 1SJDFT TVCKFDU UP DIBOHF DIFDL XFCTJUF GPS MBUFTU QSJDFT

  







'3&&
$"4&

g

$BTICBDL

*O TUPDL BU KVTU g


1SJDF TIPXO JODMVEFT g DBTICBDL


DMBJNFE GSPN 4POZ

7JTJU PVS XFCTJUF  VQEBUFE EBJMZ

$BMM POF PG PVS LOPXMFEHFBCMF TBMFT BEWJTPST

XXXQBSLDBNFSBTDPN"1

.POEBZ  4BUVSEBZ BN  QN


PS 4VOEBZ BN  QN

TBMFT!QBSLDBNFSBTDPN

   

PS FNBJM VT GPS TBMFT BEWJDF VTJOH

6,`T MBSHFTU JOEFQFOEFOU QIPUP TUPSF

"XBSE XJOOJOH DVTUPNFS TFSWJDF

4JHNB JT B XPSME MFBEFS JO UIF PQUJDBM pFME XJUI UPQ RVBMJUZ MFOTFT
BWBJMBCMF JO 4JHNB $BOPO /JLPO 1FOUBY 4POZ BOE 'PVS5IJSET pU
4FF CFMPX UP pOE B MFOT GPS ZPV r BU -08 1"3, $".&3"4 13*$&4

4JHNB NN

4JHNB NN

G &9 %$ )4.

G %( 04 )4. $POUFNQPSBSZ

g

1(:

1(:

$"4)#"$,

"WBJMBCMF TPPO
4FF XFCTJUF GPS EFUBJMT

*O TUPDL GSPN g


4FF XFCTJUF GPS EFUBJMT

"WBJMBCMF TPPO g


4FF XFCTJUF GPS EFUBJMT

1SFPSEFS UP SFDFJWF POF PG


UIF pSTU JO UIF 6,

$MBJN g $BTICBDL GSPN 4JHNB

1SFPSEFS UP SFDFJWF POF PG


UIF pSTU JO UIF 6,

1SJDF TIPXO JODMVEFT g DBTICBDL

4*(." -&/4&4
NNG'JTIFZF&9%$
GS g
NN G 'JTIFZF &9 %(
g
NN G &9 %$ )4.
g
NN G 'JTIFZF &9 %(
g
NN G %/
GS g
NN G %( "TQI 3'
g
NN G %( "TQI 3'
g
NN G %( )4.
g
NN G %$ )4.
g
NN G %/
g
NN G %( )4.
GS g
NN G &9 %( )4.
g
NN G %/
GS g
NN G .BDSP
GS g
NN G &9 %( )4.
g
NN G &9 %( 04 )4. g
NN G 04 .BDSP
GS g

1SJDFT VQEBUFE %"*-:


Q
GPS EFUBJMT
4FF XXXQBSLDBNFSBTDPN"1
NN G &9 %( 04 )4. GS g
NN G "10 &9 %(
g 
NN G "10 &9 %(
g 
NN G "10 &9 %(
g 
NN G %$ )4. GS g
NN G &9 %$
g
NN G &9 %$ )4.
g
NN G ** %( )4. g
NN G %$ 04 )4.
g
NN G .BDSP 04
g
NN G %$ )4.
GS g
NN G ** %$ 04 g
NN G 04 )4. g
NN .BDSP 04 )4. GS g
NN G %$ 04 )4. g
NN G *' &9 %(
g
NN G %( 04 )4. GS g

NN G 04
GS g
NN G .BDSP
g
NN G %( .BDSP g
NN G %( 04
g
NN G 04 )4. 4 g 
NN G %( 04 g
NN G $

g
NN G 41035
g 
NN G &9 %(
g 
NN G &9 %( )4.g 
&9 %( Y "10
g
Y 5FMF $POWFSUFS 5$ g
&9 %( Y "10 %(
g
Y 5FMF $POWFSUFS 5$
g
64# %PDL
g
4JHNB 'JMUFST
GSPN g

7JTJU VT JO TUPSF  USZ UIFTF MFOTFT PVU GPS ZPVTFMG  SFDFJWF FYQFSU BEWJDF

0MZN




0MZNQVT &.
g



$"4)#"$,

 &;

g

5XJO ,JU

g

0MZNQVT NN
g





G 130

NN

5XJO ,JU

$MBJN g 5SBEFJO CPOVT

$MBJN g $BTICBDL GSPN 0MZNQVT


1SJDF TIPXO JODMVEFT g DBTICBDL

1SJDF TIPXO JODMVEFT USBEFJO

0MZNQVT &. .BSL ** 5JUBOJVN


" OFX BEEJUJPO UP UIF &.
.BSL ** SBOHF XJUI B MJNJUFE
FEJUJPO NPEFM DPNQMFUF XJUI
FYDMVTJWF TUSBQ OVNCFSFE
CPEZ  PXOFST DBSE

/&8  -*.*5&%
&%*5*0/

g

1SFPSEFS OPX UP SFDFJWF POF


PG UIF pSTU BWBJMBCMF TUPDL

0MZNQVT NN

PG UIF pSTU BWBJMBCMF TUPDL

#PEZ 0OMZ

g

*O TUPDL BU g 
4FF XFCTJUF GPS EFUBJMT

*O TUPDL BU g
4FF XFCTJUF GPS EFUBJMT

"EE B -FJDB 2 -FBUIFS


QSPUFDUPS GPS g

'SFF -FYBS (# 1SP 4% 6)4*


Y $BSE XJUI UIJT DBNFSB

1BOB

g
53"%&*/

1BOB

/&8

g
$"4)#"$,



ZS

NN G 4VNNJDSPO.


NN G 4VNNJDSPO.
NN G 4VNNJMVY.
NN G 4VNNBSJU
NN G 4VNNBSJU
NN G 4VNNBSJU
NN G 4VNNBSJU
NN G 4VNNJDSPO.
NN G 4VNNJMVY.
NN G /PDUJMVY
NN G 4VNNJDSPO.
NN G 4VNNJDSPO.

g 
g 
g 
g 
g 
g 
g 
g 
g 
g 
g 
g 

1BOBTPOJD 5; g


$"4)#"$,

 


'3&&
4&-'*&
45*$,





8BSSBOUZ

"WBJMBCMF GSPN g


4FF XFCTJUF GPS EFUBJMT
1SJDF TIPXO JODMVEFT g 5SBEFJO

*O TUPDL BU POMZ g


4FF XFCTJUF GPS EFUBJMT

*O TUPDL BU POMZ g


4FF XFCTJUF GPS EFUBJMT

1SFPSEFS GPS POF PG UIF pSTU


BWBJMBCMF JO UIF 6,

1SJDF TIPXO JODMVEFT g


DBTICBDL DMBJNFE GSPN 1BOBTPOJD

1SJDF TIPXO JODMVEFT g


DBTICBDL DMBJNFE GSPN 1BOBTPOJD

1BOB
g



$"4)#"$,

ZS

1BOBTPOJD (9 g

1BOBTPOJD ()

 


 


$"4)#"$,

'3&&
$".&3"
$"4&





 TFF UIJT
DBNFSB

1SJDF TIPXO JODMVEFT g


DBTICBDL DMBJNFE GSPN 1BOBTPOJD

(9 

g

1SJDF TIPXO JODMVEFT g


DBTICBDL DMBJNFE GSPN 1BOBTPOJD

1FO

1(:




NN

g

8JO B TVQFSDBS FYQFSJFODF


XIFO ZPV CVZ B 1FOUBY %4-3



LJUT GSPN






8JO B TVQFSDBS FYQFSJFODF


XIFO ZPV CVZ B 1FOUBY %4-3



g

UZQ 

1SFPSEFS OPX UP SFDFJWF POF


PG UIF pSTU BWBJMBCMF TUPDL



g



-&*$" . -&/4&4

-FJDB %-VY

, ** #PEZ NN

'VKJpMN 95

#PEZ 0OMZ




/&8

*O TUPDL GSPN g


4FF XFCTJUF GPS EFUBJMT

g

'VKJpMN 91SPg


UZQ 

4FF XFC GPS BWBJMBCJMUZ

'VKJpMN 95 /&8




-FJDB 2






g
$"4)#"$,

ZS

8BSSBOUZ

g

g

#PEZ 0OMZ NN

g g 

1SJDF TIPXO JODMVEFT g


DBTICBDL DMBJNFE GSPN 1BOBTPOJD

1FOUBY [




[ #PEZ

NN

g  g 
4FF POMJOF GPS PVS GVMM SBOHF
PG 1FOUBY [ MFOTFT

6HH ZHEVLWH IRU *R3UR DFFHVVRULHV

g
g
g
g
g
g
g
g
g

)FSP 
#MBDL
g

)FSP 
4JMWFS
g

)FSP
g

4FF XFC GPS GVMM EFUBJMT

1SJDFT TIPXO JODMVEFT DBTICBDL



1SJDF TIPXO JODMVEFT


g $BTICBDL



&1- #MBDL NN &;


5PVHI 5(
5PVHI 5(
5PVHI 5(
5PVHI 5(
41&&
4) #MBDL
4) #MBDL
4) 4JMWFS /&8




1SJDF TIPXO JODMVEFT


g $BTICBDL




.03& 0-:.164

4FF XFC GPS


BWBJMBCJMJUZ

1SJDF TIPXO JODMVEFT


g $BTICBDL

1FOUBY ,4

G 130 '*4)

NN 'JTI&ZF #PEZ $BQ


NN G 4JMWFS
NN G #PEZ $BQ
NN G 4JMWFS  #MBDL
NN G 4JMWFS
NN G 4JMWFS  #MBDL
NN G 4JMWFS  #MBDL
NN G .BDSP
NN G 4JMWFS  #MBDLL

NN G
g
NN G 1SP
g
NN G
GSPN g
NN G **
g
NN G3
g
NN #MBDL 6OCPYFE
g
NN G ** 3 .'5 g
NN G 1SP .'5 4FF XFC
NN G &% ** g

*O TUPDL BU g
4FF XFCTJUF GPS EFUBJMT

g

0-:.164 .*$30  -&/4&4


g
g
g
g
g
g
g
g
g

g
$"4)#"$,

g
*O TUPDL BU g
4FF XFCTJUF GPS EFUBJMT

*O TUPDL BU 7JTJU VT JO TUPSF

g

/&8
/&8

41 

8BSSBOUZ

*O TUPDL OPX

g g 

*O TUPDL BU g
4FF XFCTJUF GPS EFUBJMT





/&8

g
$"4)#"$,

G %J ** 7$ 1;% .BDSP


$"4)#"$,

 

53"%&*/

 

G %J 7$ 64%

5SBEFJO
CPOVT
TFF XFC

 '3&&
-&/4&4
$"4&

$MBJN '3&& NN  NN


K B '3&& $BTF
MFOTFT BOE





 

g
g

5SBEFJO
CPOVT

$"4)#"$,

TFF XFC

'3&&
(3*1

&8

G %( )4. "35

5BNSPO 41 NN 5BNSPO NN

4JHNB NN

'BNJMZ PXOFE  3VO

0OMZ g 

'3&& (3*1

1SJDF TIPXO JODMVEFT g


DBTICBDL  g USBEFJO

'PMMPX VT PO 'BDFCPPL 5XJUUFS (PPHMF BOE :PV5VCF


GPS MBUFTU OFXT QSPEVDU SFWJFXT BOE DPNQFUJUJPOT GSPN 1BSL $BNFSBT

.BOGSPUUP %JHJUBM %JSFDUPS

1IPUPHSBQIFST BOE WJEFPHSBQIFST DBO OPX FOKPZ


B NPSF EFUBJMFE FOIBODFE DPOUSPM JOUFSGBDF UIBOLT
UP B NVDI CJHHFS BOE IJHIFS RVBMJUZ EJTQMBZ
JOEFFE %JHJUBM %JSFDUPS UVSOT UIF J1BE "JS"JS  JOUP
BO FYUFSOBM NPOJUPS UBLJOH GVMM BEWBOUBHF PG JUT
)JHI %FpOJUJPO 3FUJOB %JTQMBZ

/PX *O 4UPDL

g

  ,== "7 2


:+17# 6!*

  

 
 
 
  

 



'%7.  . $,


'. *(1;1*






')'     ):
36;  6, , 


 

   



 




  


3

 



  



 


5

')'     ):
3((  6,== 

 


 

   



  )+) 22+1<
%7
:+17# 6 *

')'    ):
36*5/  6*3 

0*


36

 

):
 



 




):



3








 


3

(

'%7.
 . $,
'. *(1;1*

 







3

66

'%7.
 . $,
'. *(1;1*

*

'%7.  4-!"' )'7.,

 

6

 
 
 
  

')'     6!/;&&   


3(  6,*!* 


!  

&$ % " $ 


')'  *0;
)8+-) '4") *; .
9-  %.. *; 6;;9 -


 





')'     ): ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 30*(  693= 


')'     3(6( 68 = 

  



 

*

((

'%7.
 . $,
'. *(1;1*



 





 

(

 



 
 
 
  

  

 
 
 
  



')'     ): ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 3*  6,,4 


')'        ,,,,,, 3(((  63= 


3/

  =(( ,0 
1& :+17# 6=



(
3



 

  )+) $98== 2


 ;1 4! !==; 1

 






 
)+) $,= 771<

=9


= 9






"

"




 6,! 

 








5(

'

 


(
(

'%7.  . $, '. ;51;1*

 
5,!,0
 




 

*

 
17%' 1%-

'%7.  . $,


'. ;51;1*


/

(

*

/

*

 
$1+, 2

 

 
%'71
%7
 
$8= 2

  5,!,0
 


  %' % $" " "  %  "'  $" "  
"$   $ " " $  '   $
 #(  


(0

 


 


(

 





 6 
 6, 

 






 

;(

'%7.  . $,


'. ;51;1*

 5,!,0 
 



3*

*

7#"%& 
):

7#"%& 

6,! 
 


 
 
 



 % *&*  


 '# #
# #) 
"
#! !'

)))! #) 
"
#! !'

(> 4
1!($E  

6<)?,<   76 .
?<0"0?7 <0 (= @
?),< ). ))
A)<' "?,, 0.<60,
 <' 67 , 
?,<6 0-2< 7)D



   
;%E 

$E
   
;%E 

41!($$ 
41!($$  
$$(>EE 

;==/
;%=/

-260@  ?<0"0?7
-260@  7'+ 6 ?<)0.
A 2)B , 7')"< 6 70,?<)0.
?),< ). 

0C
4 1!($$ 
4 1!(1=$ 
4 19(!$ 
,, 
7<0+ A)<' > C

  
;$//
C<60 ,,?-

.)5? )&'< # , - 6


*?7<  2<' 0" " ), "< 6
<' 2)<?6 '7  . <+ .3

1E(>%-- "=3$(%3$  )
1$(=E-- ">3! )  
19(=EE-- "=3$(93=  
18($E-- ">3!  )
1!(>8E-- "=3$(93=  
>%(8E-- ">3!  
>!(=EE-- "=3$(93=  
8E(=EE-- "%($39 
8E(>EE ">3!   
/E-- ">3!  60 
1$E(9EE-- "$(93=  

6) ).,? 7 7'+

;89/
;!%/
;1E9/
;11%/
6 A66.<C

;//
;11/
;>8/
;>//
;%1$
;!/$
;=E/
;$//
;%!/
;18$
;=1/
;1/// . 7<0+
;%=/
;%=/
;%8/
;=>/
;%=!
;9$/

"" 0
=E
)+ 6 <C,
+2+

"" 0
>E
)+ 6 <C,
+2+

6& <02 7 <)0.


)  77 <0 - 6
 .<  +2+ "6-

) 7)D  <02 7 <)0.


)  77 <0 - 6
 .<  +2+ "6-

;19/(

;=$/
;/%/
;=//
;>8/
;>9/
;9%/
;$%/
;>%/
;/>%
;=8/
;89/

$E "13!
=$ ">3%
$E "13%
$E ">3! 60
1EE ">3! 60
=EE "% 
1E(18 #7' C
19($E ">3! 
19(!$  
$E(>EE 
$$(=EE  
1$E(%$E  
1$ "%  )-)< 
>1 "=3>  )-)< 
=$ ">3!  60
%E ">3!  )-)< 
8E ">3%  )-)< 
>E(%E  )-)< 

;1>/(

.?, "0?7 ')&' 5?,)<C 6)- , .7 73


@),, ). -07<   #<<).&73
6) 7 -C @6C  2 .).& 0. #<<).&3
!-- "=3$  )7' C
;>9$
1>-- ">3!   )7' C
;=//
1E-- ">3!   
;%E/
19-- ">     
;=/!
1%-- ">3!     
;=1/
>%-- "13%     
;$%1
=$-- "13%   
;%1=
!$-- "13%  
;>8/
1=$-- ">   
;=%/
>%-- "=3$ (    
;!//

Phone: 01204 522186

For Orders, Help and Advice


(Open Mon-Sat 9.30-5.30)
Or Order On-Line
Please visit our website: www.mathersoflancashire.co.uk

Nikon D7200 with


Nikon D5500 +
Nikon D3200 +
Canon EOS 1200D+ Canon EOS 700D+
18-55mm VRll 635* 18-105mm VR Lens
18-55mm
VRll
315*
18-55mm IS ll 319* 18-55mmSTM 499* Above + 55-300mm VR.............539* D5500 with18-140mm VR........779*
........995*

Above + 55-250IS Mk II Lens..............489* Above + 55-250 IS Mk II Lens............679*


Above + 75-300mm Mk lll Lens.........415* Above + 55-250 IS STM Lens.............695*
1200D Body Only........................................249* 700D Body Only...........................................399*

*Less 20 Cashback

D5500 with Sigma 18-250 OS839*


Above + Sigma 70-300 APO..469* Nikon D5500 Body Only...............549* D7200 + Sigma17-50 f2.8.1139*
Nikon D3200 Body Only.............229*
Nikon D7200 Body Only............839*
*Less 60 Cashback &

*Less 50 Cashback

*With 2 Year Warranty

2 Year Warranty

*With 2 Year Warranty

G Series

G Series Lenses

Panasonic Lumix
GF7+12-32mm 349*
Panasonic Lumix
GF7 + 12-32mm
+ 45-150mm 549*
GF7 Body Only 199*
*With 2 Year Warranty

Panasonic Lumix
GX7+14-42mm 449*
Panasonic Lumix
GX7 + 20mm f1.7 ll
......515*
GX7 Body Only 399*
*Less 50 Cashback, Free
Case & 2 Year Warranty

Lumix SZ-10....................129
Lumix FZ-72...................215*
Lumix FZ-200................299*
Lumix LX-7......................285*
*Less 30 Cashback
Lumix TZ-57..................179**
**Less 20 Cashback
LumixTZ-60.................265***
LumixTZ-70.................299***
***Less 30 Cashback &
5 Year Warranty
Lumix FT30......................129
Lumix FT5.........................259
Lumix LX100.............599****
LumixFZ1000...........599****
****Less 50 Cashback &
5 Year Warranty
All Lumix Cameras Now
Have A 2 Year Warranty

Ixus160.................................79
PowerShotSX610HS179*
*Less 20 Cashback
PShot SX710HS.......279**
PowerShot SX520HS.229
PShot SX530HS.......268**
** Less 30 Cashback
PowerShot SX60HS....315
PowerShot G16.............339
PowerShot G1X Mkll....449
PowerShot G7 X.............419

Panasonic Lumix
G-7+14-42mm 599*
Panasonic Lumix
G-7 + 14-140mm HD
......749*
G-7 Body Only539*
*Claim 5 Year Warranty

Panasonic Lumix
GH4+14-140mm HD
......1449*
GH4 Body Only
......1089*
*Less 100 Cashback
& 5 Year Warranty

EOS100D+18-55STM....369* 19mmf2.8A-DN(Pan4/3,Sony).........149
Above+40mmSTM........519* 30mmf2.8A-DN(Pan4/3,Sony).........149
60mmf2.8A-DN(Pan4/3,Sony).........149
*Less 30 Cashback
30mmf1.4A...................................................369
35mmf1.4DGAHSM.................................699
EOS M3 + 18-55 IS.STM..569* 50mmf1.4DGAHSM.................................649
*Less 50 Cashback
85mmf1.4EXDGHSM..............................635
105mm f2.8 EX DG OS HSM Macro......379
EOS750D+18-55IS.STM.599 150mmf2.8EXDGOSHSMMacro......665
EOS750D+18-135STM...879 180mmf2.8EXDGOSHSMMacro..1179
f3.5 EX DC HSM..............389*
EOS750D+Sigma18-250839 10-20mm*Less
50 Cashback
EOS750DBodyOnly........549 12-24mmf4.5/5.6MK2DGHSM.........599
EF-S 24mm f2.8 STM.....................139* 17-50mm f2.8 EX DC OS HSM ......309
EF-S 10-18mm IS. STM.................195* 17-70mm f2.8/4 DC Macro OS HSM.....329
EF16-35mmf4L.IS.USM.................729 18-35mmf1.8DCA...................................625
EF-S18-55mmIS.STMUnboxed..128 18-200mmf3.5/6.3DCC...................265
EF24-70mmf4L.IS.USM.................695 18-250mmf3.5/6.3DCOSMacro.....299
EF-S 55-250 f4/5.6 IS.II...................185 18-300mmf3.5/6.3DCCOSHSM.....389
EF-S 55-250 f4/5.6 IS.STM..........215* 24-70mmf2.8EXIFDGHSM.................599
EF70-200mmf4L.IS.USM..............865
EF70-200mmf2.8L.IS.USM......1529 24-105mmf4AOSHSM(Can/Nik).....645
EF70-300mmf4/5.6MKIII................99 50-500mmAPOEXDG(Can/Nik).......999
EF50mmf1.8Mk2..................................89 70-200mm f2.8 APO EX DG OS....749
EF50mmf1.8STM................................119 70-300mm f4/5.6 APO DG Mac II.....159
EF 85mm f1.2.L.USM.II...................1399 120-300mmf2.8EXDGOSS............2579
EF135mmf2.0.L.USM.......................719 150-600mmf5/6.3DGOSC..............899
EF100mmf2.8LMacroIS.USM....639
150-600mmf5/6.3DGSOSHSM...1499
*Less 25 Cashback
(For full range see our website) 1.4xAPOEXDGConv(EXlenses)...........199
2xAPOEXDGConv(EXlenses)...............239

BEST UK PRICES ON FILM !


PLEASE CALL US
OR SEE WEBSITE

14mmf2.5Mkll..........................................................309
20mmf1.7Mkll(BlackorSilver) (Un-Boxed).199
20mmf1.7Mkll(BlackorSilver)..........................279
30mm f2.8..................................................................279
42.5mm f1.7 (Black or Silver)............................329
7-14mm f4.................................................................829
12-32mm f3.5/5.6...........................................269
12-35mmf2.8..........................................................829
14-42mmf3.5/5.6MkllHD(Un-Boxed)........129
14-140mmf3.5-5.6O.I.SHD..........................499
35-100mmf4/5.6..................................................269
35-100mm f2.8......................................................889
45-150mm f4/5.6.................................................215
45-200mm f4-5.6 ...............................................259
100-300mm f4-5.6.............................................415
Leica15mmf2.8.......................................................469
LeicaSummilux25mmf1.4ASP........................415
LeicaElmaritDGMacro45mmf2.8...................549

Now With 2 Year


Warranty
(See web for Details)

D3300 +18-55VR II Lens.......................379*


D3300 + 18-55VR II + 55-200VR ll........529*
*Less 30 Cashback
D5300+18-55VRIILens.......................529*
D5300+18-55VRII+Sig70-300APO ...679*
D5300+18-140mmVRLens.................669*
*Less 50 Cashback
D7100+18-105mmVRLens..................849
D7100BodyOnly..................................699
D750BodyOnly..................................1629
D750+AF-S24-85mmVR....................2095
D750+AF-S24-120mmVR..................2249
AF-S 20mm f1.8 G ED.....579 AF-S35mmf1.8G................159
AF-S 35mm f1.8 G ED.....395 AF-S50mmf1.8G................159
AF-S 85mm f1.8G.............365 AF-S40mmf2.8 Mac..........195
AF-S105 f2.8 VRMacro....629 AF-S 14-24mmf2.8G....1299
AF-S17-55mm f2.8 G1019 AF-S18-35GED..................499
AF-S18-200G VRll..........589 AF-S18-300GVR............529**
AF-S24-70f2.8GED...1225 AF-S24-120GVR...............729
AF-S 55-200 G VR II......259* AF-S55-300GVR...............265
AF-S 70-200mm f4 VR.899 AF-S70-200 f2.8VR......1575
AF-S 80-400mm f4.5/5.6EDVR................................................1869

* Less 20 Cashback

**Less 50 Cashback

Please visit our website for best prices on


Hoya and Kood filters, Fuji memory cards,
batteries and camera accessories. E&OE.

E-mail: sales@mathersoflancashire.co.uk Shop Address: 23, Market Street, Bolton. BL1 1BU.

ALL UK STOCK-ORDERS OVER 100 POST FREE

03 ?#%? !

  

3$3.
/33
05'740'@I#@< 74

 + $/ + '4/!


 1/ + '4/!
 3E/ + 34/5
 
 + 1/ + '4/!
 3E/ + 34/5

403 /

KKK<40'@I#@< 74

5 5 >2 0.D

0'@I#@ .7F7-?9.0 040F%#


HA/H6" 73F75 F?%%F" ?0L.4< %J75< + 6<

 

  !
   
    


 

         
   
     

27 84##",#8> 7#84208# 4.#8#


#/,. #6A,4/#0> "#>,.8 >2555
,0&2/,&8A"85 2/

   2",#8  ,>8 + ,8>#" 0 # + BBB5/,&8A"85 2/


   #08#8 + ,8>#" 0 # + BBB5/,&8A"85 2/
?EE//
&@5$ 


@EE+(EE//
&( 


(EE//
&@5$ 


=('11

=$(11

'EE//
&( 


=9(11

=:999

  "$ 
'$  $' !   )))# $($#"
"! !$$  $' !   )))# $($#"
@EE//
&@ 
 

@EE+(EE// &(  


 


?EE// &@5$ 





(EE// &@5$ 


  
 

=($$$

=?$11

=1(11

=?911

  !''  '-
!   222% '0'%#
   3@E+?EE//
&@5$  
 427>

   3'E+:EE//
&';:5? 
20>#/4277D

*# - ,>8

*# - ,>8

=@'11

  2",#8! ,>8! #0>C


#08#8 + ,8>#" 0 # +
BBB5/,&8A"85 2/

/8 7#M ?9.0F%<<<<<<<<<<<=119


/8 32 = 8&/8G+44<<<< =3@($
/8 32 = 8&/++44 <<<<<<<< =339$
/8 7#M 3 2<<<<<<<<<<<<<<<<<<=$9$
/8O = 8&/++44<<<<<<<<<<<<<<<< =911
/H = 8&/++44  <<<<<<<<<<=9@$
/H 7#M <<<<<<<<<<<<<<<<<<<<<<<<<<<<<=(11
8O/H,44 ,  <<<<<<<<<<<<<<<<<<=93(
8,44 H<&  <<<<<<<<<<<<<<<<<<<<<=:($
8B44 8<,  <<<<<<<<<<<<<<<<<<<<<=9@$
8B/++44 H<&<<<<<<<<<<<<<<<<<<<<<=91$
8&44 H <<<<<<<<<<<<<<<<<<<<<<<<<=?(1
8&/++44   57 7L <<<<<<<=?(1

=$11

  3'E+('E//
&(5';'5:

 

%

8&/8G+44 G<+C+<B <<<<<<<<<< ='(1


HG44 8<,  <<<<<<<<<<<<<<<<<<<<<=:(9
HA44 H<&  <<<<<<<<<<<<<<<<<<<<<=?E1
G+44 8<,  <<<<<<<<<<<<<<<<<<<<<=?9$
+O/8,O44 H<&   <<<<<<<<<<< =3E1$
++/HOO44   <<<<<<<<<<<<<<<<<=(1(
+B44 8<H  <<<<<<<<<<<<<<=11$
+B44 8<H  <<<<<<<<<<<<<<<<<<<<<=9@$
BO44 H<,  <<<<<<<<<<<<<<<<<<<<<=(@(
6O H   <<<<<<<<<<<<<<<<<<<<=:11
/HO *@. <<<<<<<<<<<<<<<<<<<<<<<<<=3:1
8OO 3 2C03J%?<<<<<<<<<<<<<=$9'
GO 3 2C03J%?<<<<<<<<<<<<<<<<<<=?1$

=3111


?
G 7#M <<<<<<<<<<<<<<<<=9:1
G = 8&/++ <<<<<<<<<<<=$(1
G = 8&/8G+<<<<<< =3E:1
G = 8B/&+ <<<<<<<< =33(1

   3'E+:EE//
&';:5?  427>

=3(11

 &#! !'' 
'-
!  
BBB5/,&8A"85 2/
8O/HO G<+    < < < < =?11
8O/HO ,C+<B    < < =@11
8&/GOO G<+CB<G   4 < < <=?11
H, 8<,   ?F < < < < < < =:11
G+ 8<,   ?F < < < < < < =:11
+O 8<,    ?F < < < =:11
8+O/BOO +CB<G  75F%49 < < =$11
8+O/BOO +CB<G  97?F =3(11
7?% 0-4
30@F%# 75
7I? K%@0F%

*# - ,>8

3'E+:EE//
&';:5?

 

*# - ,>8

=$:$
8B/GOO
'G<+CB<G 0
 

=(($

8+O/BOO
'+CB<G 
  =$:$
!# #!1&-&'
8<,L ?7 GOO  =3(1
HL ?7 GOO <<<<=3(1
IF7 %LF FI% @%F<< =11

   
 
 
   
   
   
  
  

    
   -' -#%%  !%'%$!
/,.D A0 72 #.#78*,4 B,>* 7,#0".D! 02B.#")#.# >&&5 4#0 9 "D8 4#7 B##-5 7, #8 ,0  + 277# > @:;E:;@E3'5  C>75 5
   
       
  "$ $    ! (#

3F.7I-. K% ?% F.% %@F @F7 2%# #%3%? 05 F.% %@F


7I5F?M" K% 557F 3KM@ .J% %J%?M 0F%4 30@F%# 05 @F7 2 F
33 F04%@" @7 K% ?% .99M F7 ?%@%?J% 5%K  I@%# 0F%4@ '7?
I@F74%?@ 935505- F7 J0@0F< ?0 %@ 7??% F F F04% 7'
74903F075 HBCOBCHO8+ IF ?% @I1% F F7 .5-% K0F.7IF
57F0 % @7 93%@% @%% K%@0F% '7? F.% 47@F I9 F7 #F% 9?0 %@<

7?  5 5  5


5 5 3%@% @%% K%

   :5%K @F7 2 753M; /    


   C  

BBB5/,&8A"85 2/

     5 ## B#8,># &27 &A.. .,8>5 .. A8 &27 20",>,20 0" >2 AD 8# 20"*0" 8>2 -5 : 20>* B770>D 20 /28> 8# 20"*0"5

8#" 020
   
  

8#" 020
   


8#" 020
   

8#" 020
   


8#" 020
    

8#" ,-20
   

8#" ,-20
   



8#" ,-20
   

,)""*(""

,/"

,("

,."""* ,(""

,."""*)""

,/.""

,.""

,/(""

   :(' 


 7#M <<<<<<<<<<<<<<<<<<<<<<<<E66
,O , <<<<<<<<<<<<<<<<<<<<<<<< E8,6
,+/6O ,C+<B  7L<<< E,,6
8OO ,  4 ?7 <<<<<<<<< EH,6
8OO ,  4 ?7<<<<<<<<<<<< E866
8O+ G<+<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E66
8G+ ,  <<<<<<<<<<<<<<<<<<<<<<< E866
8+O G<+  <<<<<<<<<<<<<<<<<<<<<<<<<E66
8+O G<+  / 7L<<<<< E8,6
HOO ,<+ <<<<<<<<<<<<<<<<<<<< E866
HL %LF%5#%?  <<<<<<<<<<<<<<<<<<EA6
8," H& 7? ,H %LF FI%<<E,6
8HO <<<<<<<<<<<<<<<<<<<<<<<<<<<<<EB6
73?70#  2 <<<<<<<<<<<<<<<<<<EH+
 <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EB6
305 9?0@4 <<<<<<<<<<<<<<<<<<<<<<<E+6
7F?M 9?0@4<<<<<<<<<<<<<<<<< E8H6
 ?0@4<<<<<<<<<<<<<<<<<<<<<<<<<<EA6
5-3% J0%K'05#%? <<<<< E8H6
05#%? %?3M <<<<<<<<<<<<<<<<<<<<EA6
9%%# ?09 <<<<<<<<<<<<<<<<<<<<EG6
?097# #9F%?  <<<<<<<<<<<<EG6
05#%? %?3M <<<<<<<<<<<<<<<<<<<<E,6
%FN  G&B<<<<<<<<<<<<<<<<<<E,6
   :C: 
,O ,  <<<<<<<<<<<<<<<<<<<<<<<<<<<< EH66
+O G<+ <<<<<<<<<<<<<<<<<<<<<<<<< E8,6
8G+ ,  /<<<<<<<<<<<<<<<<< EH,6
8+O G<+  <<<<<<<<<<<<<<<<<<<<<<<<<EA6
8+O ,  <<<<<<<<<<<<<< E8,6C866
HOO ,<+  / 7L <<<< E866
HL  75J%?F%? /<<<<< E8A6
73?70#  2 <<<<<<<<<<<<<<<<<<EH+
0 8HO  <<<<<<<<<<<<<<<<<<EA6
 8HO  <<<<<<<<<<<<<<<<<<<E,6
305 ?0@4  7L%# <<<<<<EB6
 ?0@4 ?3M <<<<<<<<<<<<<<<<<EA6
 ?0@4 05#%? <<<<<<<<<<<<<EB6
%FN  G&B<<<<<<<<<<<<<<<<<<E,6
?7 @.#%  <<<<<<<<<<<<<<<<<<<<<<E+6
%5@ 77# B+/&O<<<<<<<<<<<<EHO
0 7F7?K05#%? <<<<< E8,6
9%%# -?09  <<<<<<<<<<<<<<<<<<<<EB6
     
8 7#M / 7L<<<<<<EG+66
8 7#M<<<<<<<<<<E8G66
8  7#M 7L <<<EH866
8  7#M<<<<<<<<<<<<E8H66
8 7#M 7L<<<<<< EA66
A 7#M 7L<<<<<<<<<<<<<<<<<<<<E,,6
+ 7#M 7L<<<<<<<<E666
+ 7#M 7L <<<<<<<<<<EG66
AO 7#M 7L<<<<<<<<<<<<<<<<<E+66
BO 7#M<<<<<<<<<<<<<<<<<<<<<<<<<<EG66
+O 7#M 7L<<<<<<<<<<<<<<<<<EH66
,O 7#M<<<<<<<<<<<<<<<<<<<<<<<<<<E866
AOO 7#M 7L <<<<<<<<<<<<<<EG,6
BOO 7#M 7L <<<<<<<<<<<<<<EH66
,OO 7#M <<<<<<<<<<<<<<<<<<<<<<<E8H6
G+O 7#M <<<<<<<<<<<<<<<<<<<<<<<<<<E66
GOO 7#M <<<<<<<<<<<<<<<<<<<<<<<<<<EA6
GO 7#M 7L<<<<<<<<<<<<<<<<<E8B6
/H<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EG6
/H<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E+6
/G<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EG6
/,<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EB6
/+<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E,6
/A<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E66
/& 7L<<<<<<<<<<<<<<<<<<<<<<<<<<<<EA6
/88 / 7L<<<<<<<<<<<<<<<<E8&6
= 8&/++ = '3@.<<<<<<<<<<E866
8H 749 F 7L <<<<<<<<<EH86
88 749 F 7L <<<<<<<<<E866
8O 749 F <<<<<<<<<<<<<<<<<<E866
6 749 F<<<<<<<<<<<<<<<<<<<<<<<<E66
  
 G = /H <<<<<<<<<<<<<< EHG6
 G = /8 <<<<<<<<<<<<<< E866
 G<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< E8,6
 85 7#M<<<<<<<<<<<<<<<<< E8H6
 G 7#M <<<<<<<<<<<<<<<<<<< E8H6
 GO 7#M<<<<<<<<<<<<<<<<<<<<E,6
 + 7#M <<<<<<<<<<<<<<<<<<<<<<EG6
 B+O 7#M <<<<<<<<<<<<<<<<<EH6
 BOO 7#M <<<<<<<<<<<<<<<<<EHO
&/8+ , 7L<<<<<<<<<<<<<<<<<<<EA66
8O/HH G<+C,<+ <<<<<<<<<< EG,6
8+/&+ G<+C+<B   <<<<< EG66
8A/,O , 7L <<<<<<<<<<<<< E,,6
8A/++ H<&  <<<<<<<<<<<<< E,,6
8&/++ G<+C+<B   <<<<EA6
8&/++ G<+C+<B   <<<<<< E66
8&/++ G<+C+<B  <<<<<<<<<<<< E+6
8&/8G+ G<+CB<G <<<<<<<<<<<<EH86
H, H<&   <<<<<<<<<<<<<<<<<<EGB6

H,/AO H<&<<<<<<<<<<<<<<<<<<<<<<<<<<<EB66
H,/&+ G<+C,<+ 
@03JC32<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E8,6
H,/8O+ , <<<<<<<<<<<<<<<<<<<<<<<<<E,66
H&/AO H<& <<<<<<<<<<<<<<<<<< E,66
H&/6O G<+C+<B <<<<<<<<<<<<<<<<<EA6
G+ 8<, / 7L<<<<<<<<<< EA66
G+/AO G<+C,<+ <<<<<<<<<<<<<<<<<EB6
,O H<&  <<<<<<<<<<<<<<<<<<<<<E66
+O 8<,  7L <<<<<<<<<<<<<<< EH86
+O 8<& <<<<<<<<<<<<<<<<<<<< E8,6
+O H<+ 4 7L<<<<<<<<<<< E8,6
++/H+O ,C+<B <<<<<<<< E886
BO H<&  4 <<<<<<<<<<< EH,6
B+ H<&  / 7L<<< EA,6
AO/HOO H<&  
/ <<<<<<<<<<<<<<<<<<<<<<<<<<<<<E8H,6
AO/HOO ,   <<<<<<<<<< EB66
AO/HOO ,  <<<<<<<<<<<<<<< EG66
AO/GOO ,C+<B  <<< EA66
AO/GOO ,C+<B   <<<<<< EHA6
A+/GOO ,C+<B <<<<<<<E&6
&+ 8<H / <<<<<<E8HA6
&+ 8<H / <<<<<<<<< E6,6
&+ 8<&  7L <<<<<<<<<<<<<<< EH86
6O/GOO ,C+<B <<<<<<<<<<<<<<<<<<EB6
8OO H<&  <<<<<<<<<<<<<<< EH66
8OO/,OO ,<+C+<B
  <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< EA66
8OO/,OO ,<+C+<B
  <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< EB66
HOO H<& <<<<<<<<<<<<<<<<<< E,,6
GOO H<&   <<<<EH&,6
GOO H<&   <<<<EH,66
GOO ,   <<<<<<<<<<<<<<<<EA,6
,OO H<&  < EG666C,A66
,OO +<B <<<<<<<<<<<<<<<<<<<<<<<<<E&,6
+OO ,   <<<<<<<<<<<<<<<<E,B66
+OO ,   <<<<<<<<<<<<<<<<EG666
8<,L %LF%5#%? <<<<<<<EH86
HL %LF%5#%? <<<<<<<<<<<EH86
%527 8<+L 75J<<<<<<<<<<<<<< E+6
%527 8<,L ?7<<<<<<<<<<<<<<<<< E&6
%527 ?7 GOO  8<,L E66
%527 ?7 GOO  HL<<<< E66
%3%93I@ HL  75J<<<<<E&6
%527 %LF FI% @%F <<< E&6

%@@79@ %LF FI%@ <<<<<<<<<<EB6


/8 FF 9 2 <<<<<<<<<<<<<<E,6
/+O<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EHO
/, K0?%3%@@ 20F <<<<<<<<<<<<<E&6
5-3% '05#%? <<<<<<<<<<<<<<<<<E66
/H #?0J%<<<<<<<<<<<<<<<<<<<<<<<E66
?097# 45F #9F  :;<E+6
?097# 45F #9F  :; E+6
    
&/8+ ,<+C+<B  7L<<<<<E,86
8O H<&  0@.%M%<<<<<<<<<EG,6
8O/HO ,C+<B
 7L<<<<<<<<<<<<<<<<<<<<<<<<<<<EHH6
8A/AO H<&C, 
  <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EH,6
8A/AO H<&C,<+  <<<<<<<<<<<<<<E8,6
8&/G+ 8<&  /<<<<<<<<<<<<<<<<E,66
8&/+O H<&C,<+  <<<<<<E8,6
8&/+O G<+C+<B  7L<<<E,6
H,/AO H<&  <<<<<<<<<<<<<<E,B6
H,/AO H<&   4 <<<<EG,6
G+ 8<, ?F 7L<<<<<<<<<<<<<<<E+H6
+O 8<,  ?F
/ 7L <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E+,6
+O 8<,  <<<<<<<<<<<<<<<<<<EH,6
AO/HOO H<&  <<<<<<<<<E+66
AO/HOO H<& 
  <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E,H6
&+ 8<,   7L<<<<<<<<E,66
8O+ H<&  7L <<<<<<<<<<<<<EH86
8HO/,OO ,C+<B   E,66
8+O H<&    <<<<<<<<<E,A6
8+O/+OO +CB<G  <<E,66
&OO +<B   7L <<<<EGG66
8<,L   75J <<<<<<<<<<<<<<E8,6
  
 H,/AO H<& 0 <<<E,66
 AO/HOO H<& 0
 <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EB,6
 6O H<&  7L<<<<<EH66
 8+O/BOO 0  /EB66
 8&O G<+ 0<<<<<<<<<<<<<EGB6
   
/H F?5@40FF%? <<<<<<<<<<<E&6
G 575 #0-0F3<<<<<<<<<<<<<<E&6
HHO<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EB6
,GO <<<<<<<<<<<<<<<<<<<<<<<<<<< E8,6
,GO 575 #0-0F3 <<<<<<<<<<EG6
++O<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< E8,6

+&O 7L <<<<<<<<<<<<<<<<<<<<< EHG6


+&O <<<<<<<<<<<<<<<<<<<< EG86
   
8  =  47F7?
#?0J% <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< E,66
8 7#M<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EA6
6O 7#M<<<<<<<<<<<<<<<<<<<<<<<<<<<EB6
H, H<&  <<<<<<<<<<<<<<<<<<<<<<<<EA6
H& H<&  <<<<<<<<<<<<<<<<<<<<<<<<E,6
G+/AO G<+C,<+  <<<<<<<<<<E+6
+O 8<,  <<<<<<<<<<<<<<<<<<<<<<<<E66
AO/H8O , <<<<<<<<<<<<<<<<<<<EB6
&O/HOO , <<<<<<<<<<<<<<<<<<<EB6
8G+ G<+  <<<<<<<<<<<<<<<<<<<<<<<EG6
GOO ,  <<<<<<<<<<<<<<<<<<<<<< E866
H  LF%5#%? <<<<<<<<<<<<<<<<<EB6
 BO/GOO ,C+<B<<<<<<<<<EB6
  '0F@ 8 %?3M<<<<<<<<<<<<<EA6
05#%? <<<<<<<<<<<<<<<<<<<<<<<<<<<E86
5-3% '05#%? <<<<<<<<<<<<<<<<<E,6
/8 97K%? 77@F%? <<<EB6
  
H 0F50I4
BO M?@ 7#M <<<<<<<<<<<<<<<<<<< EH66
G+/AO G<, <<<<<<<<<<<<< EHB6

   
/8 7#M 32 7L <<<<<<<< EB66
/?7 8 7#M 7L<<<<<<<<<< EH66
8O/H, ,  / 7L<<<<<< EBH6
8B/+O G<+C+<B  /<<<E8A6
8& H / 7L <<<<<<<<<<<<<<<< E866
8&/++ H<&C,<<<<<<<<<<<<<<<<<< EHA6
8&/8G+ G<+C+<B<<<<<<<<<<<< E,A6
HA H<&  / 7L<<<<<<< E866
G+ 8<,  / 7L <<<<<<<<< EH66
++/HOO G<+C,<& 7L<<< EGB6
8OO@ @03J%? / 7L<<<< E,66
8O 3 2 7L <<<<<<<<<<<<<< E8A6
HO 3 2 7L <<<<<<<<<<<<<< EHA6
HO <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< E8H6
8O 7L <<<<<<<<<<<<<<<<<<<<<<<<<<EA6

   
B6O <<<<<<<<<<<<<<<<<<<<< EBA6
    
GO +<B / 7L<<<<<<<<<<<<<<<<<E8A66
6O , /<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EH,6
%5F?% '03F%? ,644<<<<<<<<<<<E8,6
   :(' 
H = 9?0@4 = 4= &O H<& <<<<<<<<<<<<<<<<<<<<<<E8+66
 /8BCGH  2<<<<<<<<<<<< E866
   :C: 
+OO = 8H
= &O H<& <<<<<<<<<<<<<<<<<< E666
+OG .?74% 7#M < E,,6
6OG  = <<<<<<<<<<<<<E8&,6
 + 9?0@4 ,+$<<<<<<<<<<<<<< E8,6
 ,+ 9?0@4 7L<<<<<<<<<< EH66
  9?0@4 7L<<<<<<<<<<<<< E8,6
,+$ ?0@4 3F% <<<<<<<<<<<<<<< E8,6
,+$ ?0@4 %?3M<<<<<<<<<<<<<<<<EB6
8 9?0@4<<<<<<<<<<<<<<<<<<<<<<<<<EB6
  3F% <<<<<<<<<<<<<<<<<<<<<<<<< E88O
  %?3M<<<<<<<<<<<<<<<<<<<<<<<<<<E,6
8B 3 2<<<<<<<<<<<<<<<<<<<<<<< E886
8H 3F%@F .?C32 <<<<<<< EH,6
8H 3F%@F .?<<<<<<<<<<<<<<< E8A6
8H 3F% 32C .?<<<<<<<<<<< E8H6
73?70#  2 <<<<<<<<<<<<<<<<<<E&6
+O H<&  7L<<<<<<<<<<<<<< E+,6
8+O , <<<<<<<<<<<<<<<<<<<<<<< E,,6
8+O , 3 2  <<<<<<<<<<<< E866
8+O , .?74%<<<<<<<<<<<<< E8,6
H+O +<B .?74% <<<<<<<<< E866
0J0F? HL 75J <<<<<<<<<<<<<<<<EB6
73?0@%? / BO44<<<<<<<<<<<<EA6
     
0503IL 7L<<<<<<<<<<<<<<<<<<<<E866
    
B  32 7#M 7L E666
+O H 3 2 / 7L<<<<< E666
6O H 3 2 ++ <<<<<<<<<<< EA66
    
B<H 7#M .? 7L <<<<<<<E,,6
H&/AO G<+C,<+
 7L<<<<<<<<<<<<<<<<<<<<<<<<<<<E,A6
AO/HOO , :G 4;<<<<<<< EH,6
H+O , :G 4; <<<<<<<<<<<<< EG66
5-3% '05#%? <<<<<<<<<<<<<< E8,6
  
0573F IF74%F%? <E8,6
0573F 3@.4%F%?  E866
73?0@ <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E66
%2750 GO&<<<<<<<<<<<<<<<< E8O6
%2750 G+&<<<<<<<<<<<<<<<< E8B6
%2750 ++&<<<<<<<<<<<<<<<< EH,6

%2750 A+& 7L << EHA6


  :('  
  B,+C8OOOC
<<<<<<<<E,6
305 9?0@4
:B,+ I9%?;<<<<<<<<<<<<<<<<<<<<EG6
73?07#  2 ,O8 <<<<EH6
73?70#  2 <<<<<<<<<<<<<<<<<<EH6
8HO 5@%?F<<<<<<<<<<<<<<<<<<<<<<<<<<EHO
,O8 8HO  7L<<<<<<E,6
8HO  2<<EG6 05#%?<<EA6
+O , @.0'F<<<<<<<<<<<<<<<<<<<<<< EG66
++/88O ,<+ 7L<<<<<<<<<<< EH66
8O+/H8O ,<+   <<<<<<E8A6
8+O H<& <<<<<<<<<<<<<<<<<<<<<< EH,6
8+O G<+  <<<<<<<<<<<<<<<<<<<<<<<<EA6
H8O ,  / <<<<<<<<<<<<<<<<<<<<<EA6
LF I% 8" H" G % . <<EH6
%3%93I@ HL 75J%?F%?<<<E,6
0J0F? HL 75J%?F%?<<<<<<<EG6
    :C: 
GGO  7#M =   <<<< E8,6
++ ,<+ <<<<<<<<<<<<<<<<<<<<<<<<<<<< E866
B+ G<+ 7L 3F% <<<<<<<<<<< E866
B+ G<+ @%?J0 %#<<<<<<<<<<< E8,6
&O H<& 3F% @%?J0 %#<< E8G6
8&O ,<+<<<<<<<<<<<<<<<<<<<<<<<<<< E8,6
H+O ',<+ 3F% @%?J0 %# EH,6
H+O ',<+ %?3M
@%?J0 %#<<<<<<<<<<<<<<<<<<<<<<<<< E8A6
?0@4 <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E66
7??7*%L<<<<<<<<<<<<<<<<<<<<<<<<<<<<E,6
?4%5#%? <<<<<<<<<<<<<<<<<<<<<E,6
  9  :C9 
+O ,<+ = <<<<<<<<<<<<<<< EB66
8+O ,<+ / <<<<<<<<<<<<<<<<<<< EG66
H8O & =  7L /<<<< E,66
57?40 20F<<<<<<<<<<<<<<<<<<E,6
   :C9 
?7  749 /<<<<<<<<<< EB,6
?7  = 8HA
=  =  <<<<<<<<<<<<<<<<< E+,6
?7  7#M<<<<<<<<<<<<<<<<<<<<< E8,6
?7  7#M @ ?I''M <<<<<<<<<E66
 <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EA6
8HO B,+  2 <<<<<<<<<<<<<<<<E66
6O G<+ <<<<<<<<<<<<<<<<<<<<<< EH,6
8HA G<+ <<<<<<<<<<<<<<<<<<<< EH66
8&O ,<+ <<<<<<<<<<<<<<<<<<<<<<<<<E66
H+O ,<+ / 7L<<<<<<<<<EH,6
LF FI% H<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< E,6
   :C9 
 ?7 7#M <<<<<<<<<<<<<<<<<< E8,6
 ?7 = 6O =  
= 8HO <<<<<<<<<<<<<<<<<<<<<< E,66
8HO  ?7 <<<<<<<<<<<<<<<<<<E66
8HO  ?7 <<<<<<<<<<<<<<<<<<<E,6
73?70#  2 <<<<<<<<<<<<<<<<<<EB6
 <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EA6
AO8 9?0@4<<<<<<<<<<<<<<<<<< E8A6
 9?0@4 %?3M<<<<<<<<<<<<<<<<<EA6
05#%? <<<<<<<<<<<<<<<<<<<<<<<<<<<<EB6
+O ,<+  <<<<<<<<<<<<<< E866CH66
B+ , 7L / <<<<<<<<<<<<<<<< EG66
6O G<+  / 7L<<<<<<<< EH66
8HA G<+ 7L<<<<<<<<<<<<<<<<< EH66
8&O ,<+  7L<<<<<<<<<<<< E866
GBO B <<<<<<<<<<<<<<<<<<<<<<<<<<<<< E8,6
7 H %LF FI% <<<<<<<<<<<<<<<<<<E,6
?7 @.#%<<<<<<<<<<<<<<<<<<<<<<<<<<E,6
  
  

75M 8OO 7#M<<<<<<<<<<<<<< E&6
75M GO <<<<<<<<<<<<<<< EA6
75M AO <<<<<<<<<<<<<E8G6
75M  +B '3@. <<E8&6
75M 6O / 7L<<<<<EHB6
  
 A 7#M 7L<<<<<<<<<<<<<EG,6
 + = 8&/++<<<<<<<<<<<<<EHG6
 + 7#M <<<<<<<<<<<<<<<<<<<<<E8A6
8B H<&<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< E66
 ;  
6OOO 7#M <<<<<<<<<<<<<<<<<<<<<<<<EA6
M5L AOO0 = AOO<<<EB6
AOO0 7#M <<<<<<<<<<<<<<<<<<<<<<<E,6
AL0 7#M <<<<<<<<<<<<<<<<<<<<<<<<<<<<E,6
M5L + 7#M<<<<<<<<<<<<<<<<<<<<< EG6
+O+0 I9%?<<<<<<<<<<<<<<<<<<<<<<<<<EH+
GOO0 7? 0 7#M % <<<E86
HO/G+ G<+C,<+ / 7LEH,6
H,/+O , <<<<<<<<<<<<<<<<<<<<<<<<< E8,6
H,/8O+ G<+C,<+
 7L <<<<<<<<<<<<<<<<<<<<<<<<< E8A6
H& H<& <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E66
H&/&O ,C+<B<<<<<<<<<<<<<<<<<<<<<EG6
H&/&+ G<+C,<+ <<<<<<<<<<<<<< E8H6
H&/8OO G<+C+<B  <<<<<<<<<<E,6

G+/AO , <<<<<<<<<<<<<<<<<<<<<<<<<<<<EG6
G+/AO G<+C,<+<<<<<<<<<<<<<<<<<<<<< EH+
G+/&O ',C+<B<<<<<<<<<<<<<<<<<<<<<<<<<< EH+
G+/8O+ G<+C,<+ <<<<<<<<<<<<<<<<<< E66
+O 8<, <<<<<<<<<<<<<<<<<<<<<<<<<<<E8,6
+O 8<A<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< EA6
+O H<& 4 ?7<<<<<<<<<<<<<<<<<<<E8A6
AO/H8O ,<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< E66
A+/GOO ,<+C+<B <<<<<<<<<<<<<<<<<< E66
&+ 8<,  7L <<<<<<<<<<<<<<<<<<<<E+66
8OO/GOO ,<+C+<B <<<E8B6
+OO & 40??7?<<<<<<<<<<<<<<<<<<<<<EG,6
AOO -?09<<<<<<<<<<<<<<<<<<<<<<<<<<<< EG6
6 -?09<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E8,6
8OOOC 7?# <<<<<<<<<<<<<<<<< E8+
6O<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< E,6
6O = 6O/ <<<<<<<<<<<<<<<< EA6
  
8B/G+ H<&  7L<<<E666
8B/8O+ G<+C+<B  /<<<<EG86
8&/++ G<+C+<B  <<<<<<<<<< EG6
8&/AO G<+C+<B <<<<<<<<<<<<<< E,6
8&/HOO G<+CB<G  <<<<<<<<<E866
H,/AO H<&   <<<<<<<E8O66
+O 8<& <<<<<<<<<<<<<<<<<<<<<<<<<<<<< EA6
8<,L 75J / 7L<<<<<<<<<<<<<EH&6
   %   
H&/8G+ G<&C+<B<<<<<<<<<<<<<<<< EA6
H&/GOO G<+CB<G 4 <<<<E8,6
+O 8<,<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E8,6
+O H<&   4 <<<<<<<E8,6
++/HOO ,C+<B <<<<<<<<<<<<<<<<<<< EB6
AO H<&   <<<<<<<<<<<<<E866
AO/GOO ,C+<B  <<< E8&6
8AO/+OO +CB<G<<<<<<<<<<<<< EGA6
BOO & <<<<<<<<<<<<<<<<<<<<<<<<<<<<< EH66
8<,L   75J<<<<<<<<<< E8,6
 8&/H+O
G<+CB<G 0 0<<<<<<<<<<<<<<<<<<< E8A6
 BO H<& 4 <<<<<<<<< EHG6
 AO/HOO H<& 0<<<< E,66
 AO/GOO ,C+<B 0<<<E&6
 8+O/BOO <<<<<<<<<< EA66
%3%93I@ 8<,L 75J<<<<<<<<<EB6
%3%93I@ HL 75J <<<<<<<<<<<<EA6
%527 8<,L ?7 GOO E8,6
05 GBOO<<<<<<<<<<<<<<<<<<EG6
05 +,OO <<<<<<<<<<<<<<<<<<<<<EB6
05 +BOO /<<<<<<<<<<<<E66
05 8HOO 05-'3@.<<<<<<<E,6
      
, 7#M 7L<<<<<<<<<<<<<<<EH666
G@ 7#M <<<<<<<<<<<<<<<<<<<<<EHG66
G 7#M 7L<<<<<<<<<<<<E8666
G 7#M 7L<<<<<<<<<<<<<<<E8866
&OO 7#M 7L <<<<<<<E8H66
&OO 7#M 7L<<<<<<<<<<E8G66
AOO 7#M 7L<<< EB,6CA66
GOO@ 7#M <<<<<<<<< EG,6C,A6
GOO 7#M 7L<<< EH,6CH66
AOOO 7#M 7L <<<<<<<<< EG,6
+8OO 7#M<<<<<<<<<<<<<<<<<< EH,6
+OOO 7#M<<<<<<<<<<<<<<<<<< E866
G8OO 7#M<<<<<<<<<<<<<<<<<< E8,6
6O 7#M<<<<<<<<<<<<<<<<<<<<<<< E866
&O 7#M<<<<<<<<<<<<<<<<<<<<<<< E8H6
/88 <<<<<<<<<<<<<<<<<<<<<<<<<< E886
/8H / 7L <<<<<<<<<<< EH86
/8, / 7L <<<<<<<<<<< E8H6
/&O <<<<<<<<<<<<<<<<<<<<<<<<<<<<<E,6
/HOO<<<<<<<<<<<<<<<<<<<<<<<<<<<E,6
77390L A8OO 7L<<<<< E8,6
   
+ 7#M <<<<<<<<<<<<<<<<<<<<<<<<<< EG,6
, 7#M <<<<<<<<<<<<<<<<<<<<<<<<<< EG,6
, 7#M @ ?I''M <<<<<<<<< E866
8OO = /8+<<<<<<<<<<<<<<< E866
&O8 7#M <<<<<<<<<<<<<<<<< EH6C+6
BO8 7#M <<<<<<<<<<<<<<<<<<<<<<<<EH6
8H/H, , <<<<<<<<<<<<<<<<<<<<<< E,66
8B/&+ G<+C+<B
  <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< EH66
8A/++ H<&  <<<<<<<<< E,,6
8&/++ G<+C+<B  <<<<<<<<<<<<E66
8&/8G+ G<+C+<B  < E8,6
8&/HOO G<+C+<B
  <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< EH,6
H, 8<, 
/ 7L<<<<<<<<<<<<<<<<<< E8O66C8866
H, H<& <<<<<<<<<<<<<<<<<<<<<< EH66
H, G<+   /<<<<<<<<<<E88,6
H,/+O 'G<+C,<+ <<<<<<<<<<<< E8H6
H,/AO H<& 
/ 7L<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E8O66
H,/AO H<&  7L<<<<<E8O,6
H,/&+ G<+C,<+  <<<<<<< E866

H,/8HO ,   /<<<< E+66


H,/8HO G<+C+<B  <<<<<<<< EH66
H&/&O G<+C+<B   <<<<<<<<<EB6
G+/AO G<GC,<+ <<<<<<<<<<<<<< E,6
G+/&O ,C+<B  <<<<<<<<<<<<<< E,6
,O H<&   / 7L<E8,6
+O 8<,  / 7L <<<<<<<<EHH6
+O 8<, <<<<<<<<<<<<<<<<<<<<<<<<E8A6
+O 8<&  7L <<<<<<<<<<<<<<<< EA6
BO H<& <<<<<<<<<<<<<<<<<<< E866
AO/HOO H<&  <<<<<<<<<<<<<EA66
AO/HOO H<&   <<<<EA,6
AO/GOO ,<+C+<B
 / 7L<<<<<<<<<<<<<<<<<<<< EGH6
&O/HOO H<&   <<<<< E+66
&O/,OO ,<+C+<B <<< E8+,6
&O/,OO ,<+C+<B  <<<<< E+66
8O+ H<&  /<<<<<<<<<<<<< E,A6
HOO H   <<<<<<<<<<<EHG66
GOO H<&  
05F 7L<<<<<<<<<<<<<<<<<<<<<<<EG,66
GOO H<&   <<<<<<<EHA66
GOO ,  <<<<<<<<<<<<<<<<<<<< EA,6
8A 7L <<<<<<<<<<<<<<<<<<< EHH6
HO 7L <<<<<<<<<<<<<<<<<<<<< E8,6
%527 A<<<<<<<<<<<<<<<<<<<<<<<EB6
    
8H/H, ,<+C+<B
   <<<<<<<<<<<<<<<<<<<<<<<<E,&6
8H/H, ,<+C+<B 
  <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EG66
8+ H<&  <<<<<<<<<<<<<<<<<<<<<<<<<<EH66
8+/GO G<+C,<+   <<<<E866
8&/HOO G<+CB<G
 7L<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E8G6
GO 8<,  <<<<<<<<<<<<<<<<<<<<E8G6
+O 8<,  05F <<<<E866CHG6
+O H<&  <<<<<<<<<<<<<<<<<< E8G6
+O/+OO ,CB<   <<< EB,6
AO/GOO ,C+<B
4 ?7  <<<<<<<<<<<<<<<<<<<<<<<<<E66
&O/,OO ,C+<B
  <<<<<<<<<<<<<<<<<<<<<<<<<< EG66
8HO/,OO ,C+<B
  <<<<<<<<<<<<<<<<<<<<<<<<<<<<< E,66
8+O/+OO +CB<G  <<<<<E,66
8AO/+OO +CB<G  <<<<<<<<<<<<EG,6
GOO H<&  <<<<<<<<<<<<<<E8H66
8<,L   /<<<<<<<<<<<<<<<<<<<E8G6
8<,L  75J <<<<<<<<<<<<<<<<<<<<<<<< E66
HL   75J<<<<<<<<<<<<<<<<<<E8+6
   
8A/G+ H<&C,<<<<<<<<<<<<<<<<<<<<<<<E8B6
8A/+O H<&  0<<<<<<<<<<<<<<<E866
H,/8G+ G<+C+<B 7L<<<<<<<E886
AO/GOO ,C+<B 0  <<<<<<<<
EHG6
AO/GOO ,C+<B 0 / 7L E66
6O H<& 0 7L<<<<<<<<<EH,6CH66
6O H<&<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E866
  
 88/8B H<&
 ?7<<<<<<<<<<<<<<<<<<<<<<<<<<< EG,6
 8H/H& , 
 7L<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EHB6
 8B/+O H<&
 ?7<<<<<<<<<<<<<<<<<<<<<<<<<<< EG,6
 &O/,OO
,<+C+<B <<<<<<<<<<<<<<<<<< EH,6
  H8 H<&
 / 7L<<<<<<<<<<<<<<<<<<<< E666
  %   
/H,<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E,6
/H+<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E,6
/H&<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< EB6
/&O<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< EA6
/,OO /<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< E&6
/6OO<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EHB6
/68O / 7L<<<<<<<<<<<<<<<<<<EH&6
/& FF 9 2<<<<<<<<<<<<<<<<<<<< E,6
/B 5-3% '05#%?<<<<<<<<<<<<E8,6
/G 5-3% '05#%?<<<<<<<<<<<<<< EB6
/8B / 7L<<<<<<<<<<<<<<<<<<<<< E&6
/HG :'0F@ ,;<<<<<<<<<<<<<<<<<<<<< EA6
/GO ?%47F% <<<<<<<<<<<<<<<<<<<< EG6
/HG :#F%  2 ,; <<<<<< EA6
   
H = /8 32<<<<<<<<<<<<<<<< E866
G 7#M<<<<<<<<<<<<<<<<<<<<< E866
G 7#M <<<<<<<<<<<<<<<<<<<<<<<<<< E8,6
/H 7#M 32 <<<<<<<<<<<<<<< EH,6
/H 7#M .?<<<<<<<<<<<<<<< E8A6
 H5 7#M .? <<<<<<<<<<<< E8A6
 H5 7#M 32 <<< E866CH66
 7#M 32<<<<<<<<<<<<<<<<<<<<<EA6
 7#M<<<<<<<<<<<<<<<<<<<<<<<<<<<<EH6

8& ,  <<<<<<<<<<<<<<<<<<<<<<<<<< EH66


H, H  <<<<<<<<<<<<<<<<<<<<<<<< EGG6
H& G<+  <<<<<<<<<<<<<<<<<<<<<<<<<<E66
H&/&+ G<+C,<+  <<<<<<< E866
G+ H<&  <<<<<<<<<<<<<<<<<<<<<<<<<<E66
G+/8O+ G<+C,<+  <<<<<<<E66
,G/&B G<+  <<<<<<<<<<<<<<<<<<<<E,6
,+ H<&  @03J /<<<<<<<<<<< EHB6
+O 8<,  <<<<<<<<<<<<<<<<<<<<< E866
+O 8<&  <<<<<<<<<<<<<<<<<<<<<<<<E&6
+O 8<&   95 2%<<< E8G6
+O 8<& <<<<<<<<<<<<<<<<<<<<<<<<<<<<E+6
++ G<+  <<<<<<<<<<<<<<<<<<<<<<<<<<E&6
&+ H  <<<<<<<<<<<<<<<<<<<<<<<<<< E8,6
8G+ H  @ ?I''M <<<<<<<<< EH66
8&O H<&    <<<<<<<<<<< EG66
8&O H<&   
@ ?I''M <<<<<<<<<<<<<<<<<<<<<<<<<<<<< E866
HOO ,   4 ?7<<<<<<<< EHA6
HOO ,  <<<<<<<<<<<<<<<<<<<<<< E8,6
HOO ,  <<<<<<<<<<<<<<<<<<<<<<<<<<<E66
+OO & <<<<<<<<<<<<<<<<<<<<<<<<<<<<< EH66
  +O 8<, 
/ 7L <<<<<<<<<<<<<<<<<<<<<<<<<<<< EG66
8,<<<E8H6 HOO <<<<<E,6
/8A  3%#<<<<<<<<<<<<<<<<EH+
/H6  3%#<<<<<<<<<<<<<<<<EG6
/, BL 4- '05#
'0F G <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E66
 /8G %LF FI%<<<<<<<<<<<<<<<<EH6
 /8H %LF FI%<<<<<<<<<<<<<<<<EH6
      
,OO 7#M <<<<<<<<<<<<<<<<<<<<<<<<E66
88/HH H<&CG<+ /<<<<<<<< E,B6
8,/,H G<+C+<B <<<<<<<<<<<<<<<<<E,6
8,/,+ G<+C+<B <<<<<<<<<<<<<<<<<E&6
8,/+O G<&C+<B <<<<<<<<<<<<<< E866
8,/+, H<&CG<+ <<<<<<<<<<<<<< E8A6
G+ G<+ <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E66
,O/8+O ,C+<B <<<<<<<<<<<<<<<<<<E,6
AO/GOO ,C+<B 7L <<<<<< EH86
H+44 %LF FI%<<<<<<<<<<<<<<<EA6
 /GB '3@. <<<<<<<<<<<<<<<<<<<<<<<<E66
 /+O '3@. <<<<<<<<<<<<<<<<<<<<< E8,6
    
 / 8 7#M / 7L<<EA,6
  / + 7#M 7L EG66
  / 8O 7#M
/ 7L <<<<<<<<<<<<<<<<<<<<<<<<<<<< EG86
%5 / 8
= 8,/,H /<<<<<<<<<<<<<<<<<<<<< E8,6
%5 / 8 7#M<<<<<<<<<<<<<E66
8H/,O H<& ?7 7L <<<<< E+66
8A H<& <<<<<<<<<<<<<<<<<<<<<<<<<<<< E8H6
,+ 8<& <<<<<<<<<<<<<<<<<<<<<<<<<<<< E8,6
A+/GOO ,<&CB<A <<<<<<<< EH66
%5 H<<<<<<<<<<<<<<<<<<<<<<<<<<< E8H6
 /A -?09 / <<<<<<<<<<<<<< E8H6
     
 /8 7#M .? <<<<<<<<<< E8H6
 /8 7#M .?74% <<<< E8H6
 /H 7#M<<<<<<<<<<E66CHG6
 /H5 7#M .?74%<< E8B6
 /H5 7#M 3 2<<<<<<< E8,6
 /H .? 7#M<<<<<<<<<<<<<< E8H6
 /8O 7#M .?74%<<<<E,6
 /, 0 7#M 32 <<<<<<<<< EH,6
 /,O 7#M<<<<<<<<<<<<<<<<<<E,6
H, H<& <<<<<<<<<<<<<<<<<<<<<<<<<<<< E8B6
H& H<& <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E+6
H& G<+ <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EG,
H&/,& , <<<<<<<<<<<<<<<<<<<<<<<<<<<<E66
G+/AO G<+C,<+ <<<<<<<<<<<<<<<<<EA6
G+/AO , <<<<<<<<<<<<<<<<<<<<<<<<<<<<EA6
G+/8O+ G<+C,<+<<<<<<<<<<<<<<<EA6
+O 8<,<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E66
+O 8<&<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<EH6
+O G<+ 4 ?7<<<<<<<<<<<<<<<<<<<<<E&6
8G+ H<&<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E66
8&O H<&<<<<<<<<<<<<<<<<<<<<<<<<<< EH66
GOO ,<+ 7L <<<<<<<<<<<<<<<<< E866
GH *@.<<<<<<<<<<<<<<<<<<<<<<<<<<<<EH6
IF7 %LF FI% 8,<<<<<<<<<<<<<<<<<<EH6
5 %LF FI% ACH+ %<<<E8+
      
B 7#M <<<<<<<<<<<<<<<<<<<<<<<<< EH66
G 7#M <<<<<<<<<<<<<<<<<<<<<<<<< E8H6
8 7#M @03C32 7L< E8,6
H 7#M<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< EA6
8 7#M @03J%?<<<<<<<<<<<<<<<<<<< EA6
8, H<+ <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E8B6
8,/,H G<+C+<B <<<<<<<<<<<<<<<<<EA6
8,/,+ G<+C+<B <<<<<<<<<<<<<< E8,6
8,/8,O ,C+<& <<<<<<<<<<<<<<< EHA6
H+ 8<, / 7L<<<<<<<<<<<<< EG,6
,+ H<& 4 /<<<<<<<<<<<< E,,6

,+/HOO ,C+<B 7L <<<<<< E866


8OO/GOO ,C+<B / <<<<<< EG,6
HOO <<<<<<<<<<<<<<<<<<<<<<<<<<<<<< E866
/G -?09 <<<<<<<<<<<<<<<<< E8,6
     
G ?%@F0-%
= + -?09<<<<<<<<<<<<<<<<<< E+66
HO 7#M <<<<<<<<<<<<<<<<<<<< E866
H -?09<<<<<<<<<<<<<<<<<<<<<<<<<EB6
GBO  '3@.<<<<<<<<<<<<<E66
 ?'//  
8B/+O H<&<<<<<<<<<<<<<<<<<<<<<<<<<<<<E,66
8A/AO ,  / 7L <<<<EG,6
8&/++ G<+C+<B <<<<<<<<<<<<<<<<<EH6
HO/G+ ', 7L<<<<<<<<<<<<<<<<<<<<<EHB6
H8 G<H  040F%#<<<<<<<<<<EH66
H&/AO ,  <<<<<<<<<<<<<<<<<<<<<<<<<< E+6
H&/&O G<+C+<B <<<<<<<<<<<<<<<<<E,6
H&/6O G<+C+<B  <<<<<<<<<<<EB6
G+ H<& 040F%#<<<<<<<<<<<<< EH66
,O H<& 040F%# / <<<<<< EH,6
,G 8<6 040F%#
/ 7L <<<<<<<<<<<<<<<<<<<<<<<<<<<< EG86
+O/8G+ H<& 
/ 7L <<<<<<<<<<<<<<<<<<<<<<<<<<<< E,66
++/GOO ,C+<&  7L EHH6
AO H<& 040F%#<<<<<<<<<<<< EG,6
AO/HOO ,C+<B <<<<<<<<<<<<<<<<<<EB6
AO/GOO ,C+<B <<<<<<<<<<<<<<<<<<EA6
+,O  '3@.<<<<<<<<<< EHG6
     
8O/HO ,C+<B   <<<< EHG6
8H/H, ,C+<B 
 05F<<<<<<<<<<<<<<<<<<<<<<<<<< E,66
8&/H+O G<+CB<G
 <<<<<<<<<<<<<<<<<<<<<<<<<<<<<< E866
8OO/GOO , <<<<<<<<<<<<<< EG66
8O+ H<&  
/ 7L <<<<<<<<<<<<<<<<<<<<<<<<<<<< EGH6
 8A/+O H<&  0<<<<<E866
 ?'//  
 = 9?0@4<<<<<<<<<<<<<<<<<<<<< E866
8OOO 7#M .?<<<<<<<<<<<<<<EA6
GO 7#M <<<<<<<<<<<<<<<<<<<<<<<<E+6
GO 7#M <<<<<<<<<<<<<<<<<<<<<<<E+6
8A , 0@.%M% /<<<<<<<<< EGB6
H& H<& <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E+6
H&/&O G<+C,<+ <<<<<<<<<<<<<<<<<E,6
G+/AO H<&<<<<<<<<<<<<<<<<<<<<<< E8,6
,+/8H+ ,C,<+ <<<<<<<<<<<<<<< E8H6
+O , 4 ?7<<<<<<<<<<<<<<<<<<<<<EA6
++ 8<& <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<E,6
&O/HOO ,<+ <<<<<<<<<<<<<<<<<<<<<<EB6
LF FI% @%F<<<<<<<<<<<<<<<<<<<<<<EB6
8 = 8  C<<<<<<<<< E886
%? 75J%?F%?  HL <<<<<<EA6
%? 75J%?F%? BH<<<<<<<<EB6
5-3% '05#%? 8OOO<<<<<<<E,6
 :(' 
B,+ 7#M <<<<<<<<<<<<<<<<<<<< EG66
8HO 05@%?F<<<<<<<<<<<<<<<<<<<<<<<<<<E,6
&O/8BO ,<+ 7L<<<<<<<<<<< E,66
 :('  
B,+ = A+ H<&<<<<<<<<<<<<<<<< EH,6
B,+ 7#M = 05@%?F <<<<<<< E866
,+/&+ ,<+<<<<<<<<<<<<<<<<<<<<<< EH66
++ H<& <<<<<<<<<<<<<<<<<<<<<<<<<<<< EH,6
8+O G<+ ==<<<<<<<<<<<<<< E8,6
HOO , <<<<<<<<<<<<<<<<<<<<<<<<<<<< E8,6
HL 75J%?F%?<<<<<<<<<<<<<<<<<<<<< E8A6
8HO 5@%?F / 7L<<<<<<<<<<<E,6
 :9 
,+ ,<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< EH,6
8B+ , 3%' 3F%@F<<<<<<<<< EH,6
HOO , 3F%@F <<<<<<<<<<<<<<<<< E8B6
HOO , %?3M<<<<<<<<<<<<<<<<<<<<<<< E66
GOO , %?3M @ ?I(M<<<<<<< E66
%5FL ?%? 75J 8<,L<<<EH,6
HL ?%? 75J%?F%?<<<<<<<<< E8A6
IF7 %LF FI%@ <<<<<<<<<<<<<<<<E,6
0J0F? HL 75J <<<<<<<<<<<<<<<<E,6
    
7K%5@ @9?0F  +OO
FK05 .%# 20F <<<<<<<<<<<<<<<< E,,6
7K%5@ ?730-.F BO
G .%# 20F<<<<<<<<<<<<<<<<<<<<<<< EG66
5F%?)F F%33? BOO
F.?%% .%# 20F <<<<<<<<<<<<<< EG,6
%5?7 4?F 0-.F GOO
FK05 .%# 20F <<<<<<<<<<<<<<<< EH,6
   
GOO H<& 7L<<<<<<<<<<<<<<<<< E,66
   
8+ ,<+ =  / 7L<<< EH66

 
   

 $# $

  
 !#  

03 7?#%? I@%# 0F%4@ @73# 75 8O #M 99?7J3< %FI?5 05 >@ ?% %0J%#> 75#0F075 '7? ?%'I5#
0' 57F @F0@'0%# :97@F-% 57F 05 3I#%# / 403 7?#%? 753M;< I@ ?0% F7 7I? %403 5%K@3%FF%? /
% 475-@F F.% '0?@F F7 3%?5 7IF @9% 03 7''%?@ 5# 9?747F075@ / @2 I@ '7? #%F03@< <

 !  


755% F 57K K0F. M7I?  99

BBB5/,&8A"85 2/

/RZHULQJ WKH FRVW RI SULQWLQJ

:H DUH D VPDOO IDPLO\ RZQHG DQG UXQ FRPSDQ\ VSHFLDOLVLQJ LQ SKRWRJUDSKLF


FRQVXPDEOHV s DQG SURXG ZLQQHUV RI PXOWLSOH *RRG 6HUYLFH $ZDUGV
:H DUH ORFDWHG LQ /HDPLQJWRQ 6SD LQ WKH KHDUW RI :DUZLFNVKLUH
,I \RXoUH SDVVLQJ SOHDVH SRS LQWR RXU VKRS DQG PHHW &RRSHU s RXU RFH GRJ

  ZZZSUHPLHULQNFRXN

,QN &DUWULGJHV

:H FDUU\ RQH RI WKH ODUJHVW UDQJHV RI SULQWHU LQN FDUWULGJHV


LQ WKH 8. ZLWK FDUWULGJHV LQ VWRFN IRU SUDFWLFDOO\ HYHU\ LQNMHW
SULQWHU :H DOZD\V VWRFN 2ULJLQDO FDUWULGJHV ZKLFK DUH PDGH
E\ \RXU SULQWHU PDQXIDFWXUHU DQG LQ PDQ\ FDVHV ZH DOVR
RHU &RPSDWLEOH FDUWULGJHV ZKLFK DUH XVXDOO\ PDGH E\ D
8. FRPSDQ\ FDOOHG -HW 7HF 8VLQJ -HW 7HF &RPSDWLEOHV LV D
ZD\ RI VDYLQJ PRQH\ ZLWKRXW FRPSURPLVLQJ RQ WKH TXDOLW\
RI \RXU SULQWV
+HUH DUH WKH UHVXOWV
IURP WZR LQGHSHQGHQW
LQN WHVWV WKDW DJUHH

p-HW 7HFoV FRORXUV ZHUH VXSHUE ZLWK


VLQJOH JUH\V DQG EODFNV YHU\ FORVH WR
(SVRQ VR -HW 7HF ZLQVq
 7RWDO 'LJLWDO 3KRWRJUDSK\ 0DJD]LQH
p:KDW ZHoUH ORRNLQJ DW KHUH LV QRW
RQO\ WKH EHVW FKRLFH RI LQN IRU WKH
5 SULQWHU EXW DOVR WKH EHVW FKRLFH
RI LQN LQ WKLV JURXS WHVW SHULRG
7KHUHoV MXVW QR JHWWLQJ DZD\ IURP WKH
VXSHUE FRPELQDWLRQ RI SHUIRUPDQFH
DQG SULFLQJq
 &RPSXWHU 8SJUDGH 0DJD]LQH

,QN 7HVW
:LQQHU

3*L
3L[PD 3UR 

3*L
3L[PD 3UR 

~
~

&/L
3L[PD 3UR 
2ULJLQDOV
6HW RI 
&RORXUV PO HDFK

&/L
3L[PD 3UR 

2ULJLQDOV
6HW RI 
&RORXUV PO HDFK
&RPSDWLEOHV
6HW RI 
&RORXUV PO HDFK

0RUH &DQRQ

~
~

~
~
~
~

77
/LO\ ,QNV

2ULJLQDOV
~ 6HW RI 
~ &RORXUV PO HDFK
&RPSDWLEOHV
~ 6HW RI 
~ &RORXUV PO HDFK

~
~

2ULJLQDOV
~ 6HW RI 
~ %ODFN PO
&RORXUV PO HDFK
~ &RPSDWLEOHV
~ 6HW RI 
%ODFN PO
&RORXUV PO HDFK
,QNV

2ULJLQDOV
3*L&/L 6HW RI 
3*L %ODFN PO
&/L &RORXUV PO
3*L&/L 6HW RI 
3*L %ODFN PO
&/L &RORXUV PO
3*L&/L 6HW RI 
3*L %ODFN PO
&/L &RORXUV PO
3*L&/L;/ 6HW RI 
3*L;/ %ODFN PO
&/L;/ &RORXUV PO
3* %ODFN PO
3*;/ %ODFN PO
&/ &RORXU PO
&/;/ &RORXU PO
3*;/ %ODFN PO
&/;/ &RORXU PO
&RPSDWLEOHV
3*L %ODFN PO
&/L &RORXUV PO
3*L&/L 6HW RI 
3*L %ODFN PO
&/L &RORXUV PO
3*L&/L 6HW RI 
3*L %ODFN PO
&/L &RORXUV PO
3*L&/L 6HW RI 
3*L;/ %ODFN PO
&/L;/ &RORXUV PO
3*L&/L;/ 6HW RI 
%&L &RORXUV PO
3* %ODFN PO
&/ &RORXU PO
3* %ODFN PO
&/ &RORXU PO
3* %ODFN PO
&/ &RORXU PO
3* %ODFN PO
&/ &RORXU PO
3*;/ %ODFN PO
&/;/ &RORXU PO

0DQ\ PRUH LQ VWRFN

~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~

~
~

77
+XPPLQJELUG ,QNV
~
~
~
~

77
)ODPLQJR ,QNV
2ULJLQDOV
6HW RI 
&RORXUV PO HDFK

~
~

77
+XVN\ ,QNV

2ULJLQDOV
6HW RI 
&RORXUV PO HDFK
&RPSDWLEOHV
6HW RI  PO HDFK
&RORXUV PO HDFK

~
~
~
~

77
7XUWOH ,QNV

~
~

0RUH (SVRQ LQNV !!!

5LR )UDPHV

+DQGFUDIWHG VROLG ZRRG ZLWK


PP ZLGH SUROH LQ IRXU FRORXUV

2YHU D GR]HQ
GHVLJQV LQ VWRFN

*UDIWRQ
$OEXPV

$YDLODEOH LQ
%XUJXQG\
RU %OXH )ULVFR )UDPHV
6LPSOH EDVLF GHVLJQ
DYDLODEOH
LQ D KXJH
UDQJH RI
VL]HV
FRORXUV

0HPR 6W\OH $OEXPV


*UDFH [  SKRWRV
~
*UDFH [  SKRWRV
~
*UDFH [  SKRWRV
~
*UDFH [  SKRWRV
~
*UDFH [  SKRWRV
~
*UDFH $  SKRWRV
~
*UDIWRQ [  SKRWRV ~
*UDIWRQ [  SKRWRV ~
%DE\ [  SKRWRV
~
7UDYHO [  SKRWRV
~
6HOI $GKHVLYH 6W\OH $OEXPV
*UDFH [FP  SDJHV ~
7UDGLWLRQDO 6W\OH $OEXPV
*UDFH [FP  SDJHV ~
*UDIWRQ [FP  SJV ~
%DE\ [FP  SDJHV ~
$FFHVVRULHV
3KRWR &RUQHUV 3DFN RI  ~
3KRWR 6WLFNHUV 3DFN RI  ~

3ODVWLF %HYHO *ODVV )URQW


~
)ULVFR [ VHYHQ FRORXUV
)ULVFR [ VHYHQ FRORXUV
~
)ULVFR [ VHYHQ FRORXUV
~
)ULVFR [ VHYHQ FRORXUV
~
)ULVFR [ VHYHQ FRORXUV ~
)ULVFR [ VHYHQ FRORXUV ~
)ULVFR $ VHYHQ FRORXUV
~
)ULVFR $ VHYHQ FRORXUV
~
:RRG %HYHO *ODVV )URQW
~
(PLOLD [ WZR FRORXUV
(PLOLD [ WZR FRORXUV
~
(PLOLD [ WZR FRORXUV
~
(PLOLD [ WZR FRORXUV
~
(PLOLD [ WZR FRORXUV
~
5LR [ IRXU FRORXUV
~
5LR [ IRXU FRORXUV
~
5LR [ IRXU FRORXUV
~
5LR [ IRXU FRORXUV
~
5LR [ IRXU FRORXUV
~
:H DOVR VWRFN EHYHO PRXQW
IUDPH LQVHUWV DQG VWUXW PRXQWV

77
.LOOHU :KDOH

~
~

2ULJLQDOV
6HW RI 
&RORXUV PO HDFK
&RPSDWLEOHV
6HW RI 
&RORXUV PO HDFK

'LVWUHVVHG ZRRG
VKDEE\ FKLF
HHFW
%OXH RU :KLWH

~
~
~
~
~
~

2ULJLQDOV
6HW RI 
&RORXUV PO HDFK
&RPSDWLEOHV
6HW RI 
&RORXUV PO HDFK

( (2 3ULFHV PD\ EH VXEMHFW WR FKDQJH EXW KRSHIXOO\ QRW

7UDYHO
$OEXPV

(PLOLD )UDPHV

0RUH ,QN &DUWULGJHV

77
2ZO ,QNV

2ULJLQDOV
6HW RI 
&RORXUV PO HDFK

$YDLODEOH LQ
%XUJXQG\
RU %OXH

~
~

77
&KHHWDK ,QNV

3*L
3L[PD 3UR 

2ULJLQDOV
6HW RI 
&RORXUV PO HDFK
&RPSDWLEOHV
6HW RI 
&RORXUV PO HDFK

~
~

77
)URJ ,QNV

2ULJLQDOV
6HW RI 
&RORXUV PO HDFK
&RPSDWLEOHV
~ 6HW RI 
~ &RORXUV PO HDFK

*UDFH $OEXPV

0XOWLSOH
GLHUHQW
GHVLJQV
DYDLODEOH

2ULJLQDOV
~ 6HW RI 
~ &RORXUV PO HDFK
&RPSDWLEOHV
6HW RI 
&RORXUV PO HDFK

2ULJLQDOV
6HW RI 
&RORXUV PO HDFK

:H QRZ VWRFN D FRPSUHKHQVLYH UDQJH RI IUDPHV PRXQWV DOEXPV


DQG DFFHVVRULHV 7KH IXOO UDQJH FDQ EH YLHZHG RQ RXU ZHEVLWH
ZLWK GHWDLOHG FORVHXS LPDJHV RI HDFK SURGXFW WR KHOS \RX
FKRRVH WKH SHUIHFW ZD\ WR GLVSOD\ \RXU SULQWHG SKRWRJUDSKV
%HORZ LV MXVW D WLQ\ VDPSOH RI ZKDW ZH RHU

%DE\
$OEXPV

77
6HDKRUVH ,QNV

2ULJLQDOV
6HW RI 
&RORXUV PO HDFK

$OEXPV )UDPHV

2ULJLQDOV
6HW RI 
&RORXUV PO HDFK

~
~

77
 ,QN
2ULJLQDOV
6HW RI 
&RORXUV PO HDFK

~
~

1R
(OHSKDQW ,QNV

2ULJLQDOV
~
1R 6HW RI 
~
1R &RORXUV PO HDFK
~
1R;/ 6HW RI 
1R;/ &RORXUV PO HDFK ~

1R
'DLV\ ,QNV

2ULJLQDOV
1R 6HW RI 
1R %ODFN PO
1R &RORXUV PO HDFK
1R;/ 6HW RI 
1R;/ %ODFN PO
1R;/ &RORXUV PO HDFK

~
~
~
~
~
~

0RUH (SVRQ ,QNV

2ULJLQDOV
1R %ODFN PO
1R &RORXUV PO HDFK
1R 6HW RI 
1R;/ 6HW RI 
1R %ODFN PO
1R &RORXUV PO HDFK
1R 6HW RI 
1R;/ 6HW RI 
1R 6HW RI 
1R;/ 6HW RI 
&RPSDWLEOHV
1R 6HW RI 
1R %ODFN PO
1R &RORXUV PO HDFK
1R 6HW RI 
1R %ODFN PO
1R &RORXUV PO HDFK

0DQ\ PRUH LQ VWRFN

~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~

2ULJLQDOV
1R &RORXUV PO HDFK
~
1R %ODFN PO
~
1R &RORXU PO
~
1R %ODFN PO
~
1R &RORXU PO
~
1R %ODFN PO
~
1R &RORXU PO
~
1R %ODFN PO
~
1R &0<3&30 HDFK ~
1R 6(7 2) 
~
1R %ODFN PO
~
1R 3%&0< PO HDFK ~
1R 6(7 2) 
~
1R;/ %ODFN PO
~
1R;/ 3%&0< PO HDFK ~
1R;/ 6(7 2) 
~
1R;/ 6(7 2) 
~
1R;/ 6(7 2) 
~
1R;/ 6(7 2) 
~
&RPSDWLEOHV
1R %ODFN PO
~
1R %ODFN PO
~
1R &RORXU PO
~
1R %ODFN PO
~
1R %ODFN PO
~
1R &RORXU PO
~
1R &RORXU PO
~
1R &RORXU PO
~
1R;/ %ODFN PO
~
1R;/ &RORXU PO
~
1R;/ %ODFN PO
~
1R;/ &RORXU PO
~
1R %ODFN PO
~
1R %ODFN PO
~
1R %ODFN PO
~
1R &RORXU PO
~
1R &RORXU PO
~
1R 3KRWR PO
~
1R;/ %ODFN PO
~
1R;/ &RORXU PO
~
1R %ODFN PO
~
1R &RORXUV PO HDFK
~
1R 6(7 2) 
~
1R %ODFN PO
~
1R &RORXUV PO HDFK
~
1R 6(7 2) 
~
1R;/ %ODFN PO
~
1R;/ &RORXUV PO HDFK ~
1R;/ 6(7 2) 
~
0DQ\ PRUH LQ VWRFN

3KRWR 3DSHUV

:H FDUU\ D PDVVLYH UDQJH RI SDSHUV VKHHWV UROOV DW FRPSHWLWLYH


SULFHV %HORZ DUH VRPH H[DPSOHV RI WKH VHOHFWLRQ ZH VWRFN

3KRWR 6DWLQ JVP


[  VKHHWV  )5(( ~
&RORXUV PO HDFK
~
3KRWR *ORVV\ JVP
[  VKHHWV  )5(( ~
$  VKHHWV
~
3UHPLXP 3HDUO JVP
[  VKHHWV  )5((
~
$  VKHHWV  )5((
~
3UHPLXP *ORVV JVP
$  VKHHWV 2))(5
~
$  VKHHWV 2))(5
~
$  VKHHWV 2))(5
~
6PRRWK 3HDUO JVP
~
[  VKHHWV
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
6PRRWK *ORVV JVP
[  VKHHWV
~
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
3UHPLXP 0DWW 'XR  JVP
$  VKHHWV
~
$  VKHHWV
~
+HDY\ 'XR 0DWW JVP
$  VKHHWV
~
$  VKHHWV
~
*ROG )LEUH 6LON JVP
$  VKHHWV
~
$  VKHHWV
~
*ROG 0RQR 6LON JVP
$  VKHHWV
~
$  VKHHWV
~

6PRRWK 3HDUO JVP


[  VKHHWV
~
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
3DQRUDPLF  VKHHWV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
3) /XVWUH JVP
[  VKHHWV
~
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
3DQRUDPLF  VKHHWV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
3) *ORVV JVP
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
3DQRUDPLF  VKHHWV
~
0DWW 8OWUD JVP
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
)LQH $UW  )LEUH %DVH 3DSHUV
%DU\WD $  VKHHWV
~
%DUW\D $  VKHHWV
~
(WFKLQJ $  VKHHWV
~
(WFKLQJ $  VKHHWV
~
6PRRWK &RWWRQ $  VK ~
6PRRWK &RWWRQ $  VK ~

33 3OXV *RVV\ ,, JVP


[  VKHHWV
~
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
37 3UR 3ODWLQXP JVP
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
6* 6HPL*ORVV JVP
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
/8 3UR /XVWUH JVP
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~

6PRRWK 3HDUO JVP


~
[  VKHHWV
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
8OWUD 3HDUO JVP
[  VKHHWV
~
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
7LWDQLXP /XVWUH JVP
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
2\VWHU JVP
[  VKHHWV
~
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
*ORVV JVP
[  VKHHWV
~
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
0DWW 3OXV JVP
[  VKHHWV
~
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
0DWW 3URRQJ JVP
$  VKHHWV
~
$  VKHHWV
~
q 5ROO  PHWUHV
~
q 5ROO  PHWUHV
~
'RXEOH 6LGHG 0DWW JVP
$  VKHHWV
~
$  VKHHWV
~
)LQH $UW  )LEUH %DVH 3DSHUV
)% *ROG 6LON $  VK
~
)% *ROG 6LON $  VK
~
)% 'LVWLQFWLRQ $  VK ~
)% 'LVWLQFWLRQ $  VK ~
)% 5R\DO $  VKHHWV
~
)% 5R\DO $  VKHHWV
~
)% *ORVV $  VKHHWV
~
)% *ORVV $  VKHHWV
~
)% 0DWW $  VKHHWV
~
)% 0DWW $  VKHHWV
~
$UWLVW $  VKHHWV
~
$UWLVW $  VKHHWV
~
0XVHXP $  VKHHWV
~
0XVHXP $  VKHHWV
~
3DUFKPHQW $  VKHHWV ~
3DUFKPHQW $  VKHHWV ~
2PHJD $  VKHHWV
~
2PHJD $  VKHHWV
~
3RUWUDLW $  VKHHWV
~
3RUWUDLW $  VKHHWV
~

3UHPLXP *ORVV JVP


~
[  VKHHWV  )5((
[  VKHHWV
~
$  VKHHWV  )5((
~
$  VKHHWV
~
$  VKHHWV 2))(5
~
8OWUD *ORVV JVP
[  VKHHWV
~
[  VKHHWV
~
$  VKHHWV
~
3UHPLXP 6HPL*ORVV JVP
[  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV 2))(5
~
$UFKLYDO 0DWWH JVP
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~
+HDY\ZHLJKW 0DWWH JVP
$  VKHHWV
~
$  VKHHWV
~
$  VKHHWV
~

ZZZSUHPLHULQNFRXN 7HOHSKRQH   RU    3UHPLHU ,QN 3KRWRJUDSKLF  /RQJHOG 5RDG /HDPLQJWRQ 6SD :DUZLFNVKLUH &9 ;%

/RZHULQJ WKH FRVW RI SKRWRJUDSK\


2UGHUV DUH VKLSSHG SURPSWO\ E\ 5R\DO 0DLO VW FODVV SRVW IRU ZKLFK ZH FKDUJH MXVW ~ SHU
RUGHU $OO SULFHV LQFOXGH 9$7 DQG D IXOO 9$7 UHFHLSW LV SURYLGHG ZLWK HYHU\ RUGHU 3D\PHQW
DFFHSWHG FUHGLWGHELW FDUG FKHTXH RU SRVWDO RUGHU 2UGHUV DFFHSWHG VHFXUHO\ RQOLQH
ZZZSUHPLHULQNFRXN RYHU WKH WHOHSKRQH   E\ SRVW RU E\ YLVLWLQJ RXU VKRS
3UHPLHU ,QN 3KRWRJUDSKLF /RQJHOG 5RDG 6\GHQKDP ,QG (VWDWH /HDPLQJWRQ 6SD &9 ;%

  ZZZSUHPLHULQNFRXN

0HPRU\

7KH IXOO UDQJH RI 6DQGLVN DQG


/H[DU PHPRU\ FDUGV DW YHU\
FRPSHWLWLYH SULFHV

6'+& 6';&

/H[DU 3URIHVVLRQDO
; 0%V
*%
~
*%
~
*%
~
*%
~
; 0%V
*%
~
*%
~
*%
~
*%
~
; 0%V
*%
~
*%
~
6DQGLVN %OXH
; 0%V
*%
~
*%
~
*%
~
6DQGLVN 8OWUD
; 0%V
*%
~
*%
~
*%
~
*%
~
6DQGLVN ([WUHPH
; 0%V
*%
~
*%
~
*%
~
6DQGLVN ([WUHPH 3UR
; 0%V
*%
~
*%
~
*%
~
*%
~
; 0%V
*%
~
*%
~
*%
~

&RPSDFW )ODVK
/H[DU 3URIHVVLRQDO
; 0%V
*%
~
*%
~
*%
~
*%
~
; 0%V
*%
~
*%
~
*%
~
*% ~
6DQGLVN 8OWUD
; 0%V
*%
~
*%
~
*%
~
6DQGLVN ([WUHPH
; 0%V
*%
~
*%
~
*%
~
*% ~
6DQGLVN ([WUHPH 3UR
; 0%V
*%
~
*%
~
*%
~
*% ~

;4' &DUGV

/H[DU 3URIHVVLRQDO
; 0%V
*%
~
*%
~

0LFUR6'+& 6';&
/H[DU 3URIHVVLRQDO
; 0%V
*%
~
*%
~

'HONLQ 3URIHVVLRQDO
; 0%V
*%
~
*%
~
6DQGLVN 8OWUD
; 0%V
*%
~
*%
~
*%
~

5HDGHUV &DVHV

/H[DU 86% &DUG 5HDGHU ~


/H[DU +5 :RUNRZ +XE ~
'HONLQ 86% &DUG 5HDGHU ~
'HONLQ 86% &DUG 5HDGHU ~
'HONLQ 6' &DUG [ &DVH ~
'HONLQ &) &DUG [ &DVH ~

%DWWHULHV

5HSODFHPHQW UHFKDUJHDEOH
/LLRQ EDWWHULHV PDQXIDFWXUHG
E\ +DKQHO RU %OXPD[ $OO FRPH
ZLWK D WZR\HDU JXDUDQWHH

1%//+ IRU &DQRQ


1%/ IRU &DQRQ
1%/ IRU &DQRQ
1%/ IRU &DQRQ
1%/ IRU &DQRQ
1%/ IRU &DQRQ
1%/ IRU &DQRQ
1%/ IRU &DQRQ
%3 IRU &DQRQ
/3( IRU &DQRQ
/3( IRU &DQRQ
/3( IRU &DQRQ
/3( IRU &DQRQ
/3( IRU &DQRQ
13 IRU )XML
13 IRU )XML
13 IRU )XML
13: IRU )XML
13 IRU )XML
(1(/( IRU 1LNRQ
(1(/ IRU 1LNRQ
(1(/ IRU 1LNRQ
(1(/ IRU 1LNRQ
(1(/ IRU 1LNRQ
(1(/ IRU 1LNRQ
(1(/ IRU 1LNRQ
(1(/ IRU 1LNRQ
(1(/ IRU 1LNRQ
(1(/ IRU 1LNRQ
(1(/ IRU 1LNRQ
/L%% IRU 2O\PSXV
/L%% IRU 2O\PSXV
/L% IRU 2O\PSXV
%/0 IRU 2O\PSXV
%/1 IRU 2O\PSXV
%/6 IRU 2O\PSXV
%/6 IRU 2O\PSXV
&*56 IRU 3DQDVRQLF
&*$6 IRU 3DQDVRQLF
'0:%&* 3DQDVRQLF
'0:%&0 3DQDVRQLF
'0:%/% 3DQDVRQLF
'0:%/& 3DQDVRQLF
'0:%/' 3DQDVRQLF
'0:%/* 3DQDVRQLF
'0:%0% 3DQDVRQLF
'/L IRU 3HQWD[
'/L IRU 3HQWD[
6/%' IRU 6DPVXQJ
6/% IRU 6DPVXQJ
%* IRU 6RQ\
%; IRU 6RQ\
%< IRU 6RQ\
13)0+ IRU 6RQ\
13)+ IRU 6RQ\
13): IRU 6RQ\

~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~

%DWWHU\ *ULSV
3URIHVVLRQDO EDWWHU\
JULSV PDGH E\ +DKQHO
'0N,, IRU &DQRQ
'0N,,, IRU &DQRQ
' IRU &DQRQ
' IRU &DQRQ
' IRU &DQRQ
'' IRU &DQRQ
' IRU 1LNRQ
'' IRU 1LNRQ
'' IRU 1LNRQ
' IRU 1LNRQ

~
~
~
~
~
~
~
~
~
~

%DWWHU\ &KDUJHUV
8QLYHUVDO &KDUJHUV
8QLSDO 25,*,1$/
8QLSDO 3/86
8QLSDO (;75$

~
~
~

$$ $$$ &KDUJHUV
+DKQHO 7& 1RYR LQF [$$ ~
(QHUJL]HU 3UR LQF [$$ ~
(QHUJL]HU  +U LQF [$$ ~

2WKHU %DWWHULHV

3UH&KDUJHG 5HFKDUJDEOHV
$$ *3 5HF\NR  )5((
~
$$$ *3 5HF\NR  )5(( ~
$$ (QHUJL]HU ([WUHPH  ~
$$$ (QHUJL]HU ([WUHPH  ~
6WDQGDUG 5HFKDUJHDEOHV
$$ *3 P$K 
~
$$ /OR\WURQ P$K  ~
$$ /OR\WURQ P$K  ~
$$$ /OR\WURQ P$K  ~
/LWKLXP %DWWHULHV
$$ (QHUJL]HU 8OWLPDWH 
$$$ (QHUJL]HU 8OWLPDWH 
&5$ (QHUJL]HU 
&5 (QHUJL]HU 
&5 (QHUJL]HU 
&53 (QHUJL]HU 
&59 (QHUJL]HU 
$ (QHUJL]HU $ONDOLQH 
$ (QHUJL]HU $ONDOLQH 
/5 (QHUJL]HU $ONDOLQH 
&5 &5 HWF

~
~
~
~
~
~
~
~
~
~
~

)LOWHUV

2QH RI WKH ODUJHVW UDQJHV RI VFUHZLQ WKUHDGHG


OWHUV LQ WKH 8. IURP +R\D .RRG DQG 0DUXPL
:H FDUU\ VL]HV IURP PP XS WR PP DQG RHU &OHDU
3URWHFWRUV 89V 6N\OLJKWV &LUFXODU 3RODULVHUV 1'V 1'V 1'V
1'V 1'V 1'V 1'V 9DULDEOH 1'V 6WDUEXUVWV &ORVH
8S 6HWV DQG PRUH %HORZ DUH MXVW D IHZ H[DPSOHV
.22' 6OLP )UDPH
89 )LOWHUV
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~

0DUXPL '+* 6OLP


)UDPH 0XOWLFRDWHG
&OHDU 3URWHFWRUV
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~

.22' 6OLP )UDPH


&LUFXODU 3RODULVHUV
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~

0DUXPL '+* 6OLP


)UDPH 0XOWLFRDWHG
89 )LOWHUV
PP
~
PP
~
PP
~
PP
~
PP
~
PP
~

+2<$ 3UR' 6OLP


)UDPH 0XOWLFRDWHG
&OHDU 3URWHFWRUV
PP 63(&,$/ ~
PP
~
PP
~
PP
~
PP
~
PP 63(&,$/ ~
PP
~

0DUXPL '+* 6OLP


)UDPH 0XOWLFRDWHG
&LUFXODU 3RODULVHUV
PP
~
PP
~
PP
~
PP
~
.22'
~
1' 1' )LOWHUV PP
~
PP
~ PP
~
PP
~ PP

+2<$ 3UR' 6OLP


)UDPH 0XOWLFRDWHG
&LUFXODU 3RODULVHUV
PP
~
PP
~
PP
~
PP
~
PP
~
PP 63(&,$/ ~
PP
~

+R\D +0&
6OLP )UDPH
89 )LOWHUV
PP
PP
PP
PP
PP
PP
PP
PP
PP
PP
PP

~
~
~
~
~
~
~
~
~
~
~

6TXDUH )LOWHUV
:H VWRFN WKUHH ZLGWKV RI VTXDUH OWHUV
$W\SH PP ZLGH  37\SH PP ZLGH
DQG =7\SH PP ZLGH  0DGH LQ WKH 8. .RRG VTXDUH OWHUV
DUH RSWLFDOO\ DW ZLWK H[FHOOHQW FRORXU GHQVLW\ QHXWUDOLW\ DQG
VWDELOLW\ 7KH\ UHFHLYHG D PD[LPXP  VWDU UDWLQJ IURP 'LJLWDO
&DPHUD 0DJD]LQH
37\SH PP ZLGH OWHUV
6WDQGDUG +ROGHU
~
:LGH $QJOH +ROGHU
~
)LOWHU :DOOHW IRU  OWHUV ~
$GDSWHU 5LQJV PP ~
&LUFXODU 3RODULVHU
~
1' 6ROLG
~
1' 6RIW *UDGXDWHG
~
1' +DUG *UDGXDWHG
~
1' 6ROLG
~
1' 6RIW *UDGXDWHG
~
1' +DUG *UDGXDWHG
~
1' 6ROLG
~
1' 6RIW *UDGXDWHG
~
1' +DUG *UDGXDWHG
~
/LJKW %OXH *UDGXDWHG
~
'DUN %OXH *UDGXDWHG
~
/LJKW 7REDFFR *UDGXDWHG ~
'DUN 7REDFFR *UDGXDWHG ~
/LJKW 6XQVHW *UDGXDWHG ~
'DUN 6XQVHW *UDGXDWHG ~
6WDUEXUVWV [ [ [
~
5HG*UHHQ<HOORZ HDFK ~
6L[SLHFH 1' )LOWHU .LW ~

=7\SH PP ZLGH OWHUV


3UR +ROGHU
~
$GDSWHU 5LQJV PP ~
1' 6ROLG
~
1' 6RIW *UDGXDWHG
~
1' +DUG *UDGXDWHG
~
1' 6ROLG
~
1' 6RIW *UDGXDWHG
~
1' +DUG *UDGXDWHG
~
1' 6ROLG
~
1' 6RIW *UDGXDWHG
~
1' +DUG *UDGXDWHG
~
/LJKW %OXH *UDGXDWHG
~
'DUN %OXH *UDGXDWHG
~
/LJKW 7REDFFR *UDGXDWHG ~
'DUN 7REDFFR *UDGXDWHG ~
/LJKW 6XQVHW *UDGXDWHG ~
'DUN 6XQVHW *UDGXDWHG ~

6WUDSV $FFHVVRULHV
6OLQJ 6WUDSV
IURP ~
7KH LQJHQLRXV
3HDN 'HVLJQ
&OXWFK 6OLGH
/HDVK &X
&DSWXUH &OLS
6\VWHP (QWLUH
UDQJH LQ VWRFN
)URP
~

1HRSUHQH
6WUDSV
IURP ~

7ULSRGV 0RQRSRGV
(92

,6 +(5(

0DQIURWWR
&DUERQ )LEUH 0RQRSRG
2QO\ ~

9\Y
~
5LFN ~
%ULDQ ~

0DQIURWWR
;352
 :D\
+HDG ~

7ULDG 
7ULSRG ZLWK
%+
%DOO +HDG
2QO\ ~

1(: 0DQIURWWR
  WULSRGV
IURP MXVW ~

&DPHUD %DJV
0LQG 6KLIW EDJV
IURP ~

$ ELJ UDQJH RI %LOOLQJKDP EDJV


VWDUWLQJ DW ~

$7\SH PP ZLGH OWHUV


6WDQGDUG +ROGHU
~
$GDSWHU 5LQJV PP ~
1' 6ROLG
~
1' *UDGXDWHG
~
~
$ SRSXODU NLW FRQWDLQLQJ DQ 1' 1' 1' 6ROLG
~
6RIW *UDG 1' 1' 6RIW *UDG )LOWHU 1' *UDGXDWHG
1' 6ROLG
~
+ROGHU SOXV $GDSWHU 5LQJ RI \RXU
1' *UDGXDWHG
~
FKRLFH PP 

(QWLUH UDQJH RI
7KLQN7DQN EDJV
LQ VWRFN IURP
MXVW ~

/HQV $FFHVVRULHV

6FUHZ)LW /HQV +RRGV


PP 5XEEHU +RRG
PP 5XEEHU +RRG
PP 0HWDO +RRG
PP 5XEEHU +RRG
PP 0HWDO +RRG
PP 5XEEHU +RRG
PP 6KDSHG 3HWDO +RRG
PP 5XEEHU +RRG
PP 6KDSHG 3HWDO +RRG
PP 5XEEHU +RRG
PP 6KDSHG 3HWDO +RRG
PP 5XEEHU +RRG
PP 6KDSHG 3HWDO +RRG
PP 5XEEHU +RRG
PP 6KDSHG 3HWDO +RRG
6WHSSLQJ 5LQJV
PP 5XEEHU +RRG
PP WR PP
PP 6KDSHG 3HWDO +RRG
 GLHUHQW VL]HV
~ PP 5XEEHU +RRG
PP 6KDSHG 3HWDO +RRG
5HYHUVLQJ 5LQJV
PP 5XEEHU +RRG
PP WR PP
PP 6KDSHG 3HWDO +RRG
&DQRQ 1LNRQ 6RQ\ 2O\PSXV
~ /HQV &DSV
DQG 3HQWD[
/HQV &DSV &HQWUH3LQFK
&RXSOLQJ 5LQJV
PPPP
~~ %RG\ 5HDU /HQV &DSV

%D\RQHW)LW /HQV +RRGV


(6 &DQRQ 
~
~
(6,, &DQRQ 
(7 &DQRQ  ~
(7% &DQRQ  ~
(7 &DQRQ  0DFUR ~
~
(7% &DQRQ 
~
(:& &DQRQ  ,6
(:& &DQRQ  ,6 670 ~
~
(:% &DQRQ  ,6
(:%,, &DQRQ  ,6 ~
(:' &DQRQ  ,6
~
(:( &DQRQ  ,6
~
(:( &DQRQ  ~
~
+% 1LNRQ  95
~
+% 1LNRQ  95

~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~

$FWLRQ &DPHUDV
*HQXLQH *R3UR

$ PDVVLYH UDQJH RI *R3UR


&DPHUDV %DWWHULHV 0HPRU\
&DUGV DQG $FFHVVRULHV LQ VWRFN
DW FRPSHWLWLYH SULFHV

ZZZSUHPLHULQNFRXN 7HOHSKRQH   RU    3UHPLHU ,QN 3KRWRJUDSKLF  /RQJHOG 5RDG /HDPLQJWRQ 6SD :DUZLFNVKLUH &9 ;%

+HUR :KLWH
+HUR 6LOYHU
+HUR %ODFN
+HUR 6LOYHU
+HUR %ODFN
%DWWHU\ +HUR
%DWWHU\ +HUR
'XDO &KDUJHU +HUR
'XDO &KDUJHU +HUR
%DWWHU\ %DF3DF
/&' 7RXFK %DF3DF
%ODFNRXW +RXVLQJ
7ULSRG 0RXQWV
&KHVW +DUQHVV
+HDG 6WUDS
+HOPHW 6WUDS
+DQGOHEDU 0RXQW
7KH +DQGOHU

~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~
~

( (2 3ULFHV PD\ EH VXEMHFW WR FKDQJH EXW KRSHIXOO\ QRW

  


        




 
% "" $
"   
#%


 

z 
 ! $!  !


 !


# %" 
 
 %"     

z  !
  "

! ! #
z 
 $! !$ 
  ! !
!

 
$! $
 ! ! ! %
 
!!
z 


  # %!  " $ 
$ !

!
%  ! ! %
z "! !

 
 ! !" ! !

%! !  "  !
%


 
 
 ! %
 ! %

     
    
        









 
             

#  & % # 


  
 ## 
 ! $

 #
 % #' ' !$ $ 
 

80

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

;A 422(

H &DPHUDV
,;,A D; 31/,1" A FFF8A(0":;838D.

     +(
 CI 0")5,G"/ 0&A ;"1;3:
 (2   
 4C    
  4II +4C#II
 (.>BI5  E,!"3


 





@4II 

' 

 @4I22

     +<
 4=   0&A ;"1;3:
 (2   
 #    
  4II+C'=II
4I#I>=I   






%


@#I   
' 

 @'22

     +4III

     +CII


 %




@'I  

' 






@BI

 CI 0")5,G"/
 4=    C8#+( 
4C    
  4C' +4C#II
 (.>C'5  E,!"3

  @=B2

 4C 0")5,G"/
 C(    C8# 
4C    
  4C' +4C#II
 4I#I>'I5  E,!"3

  @BI2

     +<
 4=    
 CB   
 '     
  CII + 4C#II
4I#I>=I   

 




@'I   %


     + 4
   
 CI8C   49 
 C# C8#   
     >
 (   
 ( >C'   

 @((2

     +<I
 4C84 0")5,G"/
 BI   
4I    
      
 4I#I>'I5  E,!"3


 %




@BI  

' 

  @C22

             8    C'>I=>CI4' + I<>I2>CI4'


 



I
@'





' 

  @=22

     +=I
 4#84 0")5,G"/
 BI   
4I    
      
 4I#I>'I5  E,!"3


 %



@BI 

' 

  @C(2

*31" 3D: "G5":,"1"!


!E,;3:; 31

F,1!31 I4<2B 'CBBBC


,A1"H I422B <IC=#<
,1"; 35"1 31!H+AD:!H
2II 0 $ 'BI 50

 :A+G*1)" "/30"
 ";" "1A/ E,//"
6;D-"A A3 ;AAD;7
 ;;53:A *3A3;
 "1;3: /"1,1)
 AD!,3 ,:"
 ":E,,1) 1! "5,:;
// 5:3!DA )"1D,1" 
;A3. 13 ):"H ,053:A;8
 ,1/1!  @28II
A3. ;D-"A A3 E,/,/,AH

     


   
  
  

  4< + 42
   

7KH 8.V /DUJHVW 8VHG


(TXLSPHQW 6SHFLDOLVW
7KH 25,*,1$/ FRPPLVVLRQ VDOH VSHFLDOLVWV
:H DOVR 3$57 (;&+$1*( DQG %8< )25 &$6+
*RRG TXDOLW\ HTXLSPHQW DOZD\V ZDQWHG
/  
$((
2'.. A6" 6666666666666666666666666666666666666666666666677 >'00
2"*%%.. A6"*' 6666666666666666666666666666666666666677 >A:0
2".. A  66666666666666666666 77 < /B9! >2:0 * >A@0
A@.. 26'  6666666666666666666666666666666 +/?* >%20 * >%'0
A:.. A6" 66666666666666666666666677 < +/?* >200 * >A20
%H*A@H.. '6%*;6:    6666666666666677 < +/?* >2%0
;H.. A6'   8166666666666666666666677 >A"0 * >A00
"%.. 26'    666666666666666666666666666666666 +/?* >2:0
+.'(
$((

%" 22*AA.. A6"*@6% B+,1


66666666666666666666666666666666666666666666666667 < +/?* >A'0 * >A00
2A*;H.. A6"*'  666666666 7 < 77 >A:0 * >@'0
2'*@%.. A 6666666666666666666666666666666666666666677 >0"0
2'*%'.. A6"*@6% B+,1 66666666666666666666666666666677 >2'0
2%H.. A B+,1 66666666666666666666 7 < 77 >000 * >2H"0
A%.. A6" B+,1 66666666666666666666666666666666666666666677 >2@0
@HH.. A6" B+,1 666666666666666666666666666666666666677 >A'00
@%.. @6% 81 B+,166666666666666 7 < 77 >00 * >2A0
'H*2%H.. @6%*'6% B+,1 666666666666 7 < 77 >@0 * >'0
'H*2%H.. '*%6;  B+,1666666666666666666666666666677 >'0
%H*AHH.. A6"*@6%  6666666666666666666666666666677 >'"0
%H*AHH.. A6"*@6% B+,1 666666666666666666667 < 77 >@"0
%H.. A  81 B+,1 6666666666666666666666666666677 >A;0
:*2'.. '  B+,1666666666666666666666666666666666666677 >:'0
:H*@HH.. '*%6;  B+,16666666666666666666666666677 >2:0
0*2".. '*%6;  B+,16666666666 7 < 77 >A'0 * >A:0
2' B+,1 !-! 1/C!8?!86666666666666666666666666666677 >A20
A% E?!/9+1/ B! 66666666666666666677 < +/?* >%0 * >:0
 2'*2%H.. @6%*%6; 93)6666666666677 >;"0
A%.. 26' B..+-BE 6666666666666666666666666666666677 >@'0
 *2 AE 81/? 1/C!8?!866666666666666666666666677 >:0
 *2 + ! 1/!89+1/ !/9666666666666666666677 >'%
% "%.. 26'   93)!8+-666666666667 >2:0
'% +.'(
$((

%" 2A*'H.. A6" 6B+,1666666666666666666 +/? >;'0


2'*2%H.. '*%6; 6B+,1  666666666666666666 +/?* >@'0
2'*'A.. @6%*%6;  6B+,166666666666666666666 +/?* >2@0
2'*'A.. @6%*%6; 6B+,1  *-,66666666666677 >:0
2:.. A6" 6B+,1 6666666666666666666666666666666666666677 >2A0
'H*2%H.. '*%6;   6B+,1666666666666666666666667 >00
'%.. 26" 6B+,1 6666666666666666666666666666666666666677 >2'0
:%.. 26"  +-C!8 6B+,166666666666666666666666677 >%20
/91/+ :*2'.. '  8+16666666666666666666666677 >;'0
2A*@A.. @6%*%6;    6666666666 7 < 77 >2;0 * >2:0
2A*@%.. A6"  8+1  666666666666666666666666666677 >%@0
2A*@%.. @6%*%6; 93) 666666666666666666666666666677 >2%0
2A6%.. 2A  @ 6666666666666666666666666666666666666666 +/?* >2H0
2'*2'H.. '*%6"  6666666666666666666666666666666666677 >A'0
2'*'A.. @6%*%6; 93)  66666666666666666666666666677 >:0
2'*'%.. @6%*%6;   8+1 66666666666666666677 >2A0
'%*2:%.. '*%6; 93) 8+1 66666666666666666 +/?* >A20
'%*AHH.. '*%6;  666666666666666666666666666666666 +/?* >2%0
! 2:6%.. H60% 93)66666666666666666677 >;'0
  A;.. 26' * +81 '<@8 9666666666666677 >%0
+,1/ < +81 '<@8 9 1B/?  3?!8 66666666666666677 >@0
+,1/ < +81 '<@8 9 1B/?  3?!8 D+?) 3!8?B8!
66666666666666666666666666666666666666666666666666666666666666666666666677 >%0
%$2 
$((
2H*2"..  666666666666666666666666666666666666666666 +/?* >''0
2"*AHH.. @6%*;6@ 4 56666666666666666666666666666677 >@:0
2"*AHH.. @6%*;6@ + 666666666666666666666666677 >@'0
2"*%%.. @6%*%6;  666666666666666666666666666666666677 >%0
AH.. #A6" 666666666666666666666666666666666666666666666666 +/?* >2@0
A'.. 26"  6666666666666666666666666666666666666666666677 >'A0
%H... 26"  666666666666666666666666666666666666666 +/?* >2A0
2H .8? )1/! !/9666666666666666666666666666666666677 >:0
'%$ +
+ 1.3-!?!6666666666666666666666666 7 < 77 >200 * >A00
 1.3-!?!666666666666666666666666666666666666666666666677 >A"0
 1 F /-F66666666666666666666666666666666666666666666666667 >%0
 1 F /-F 6666666666666666666666666666666666666666666666666667 >:0
@H.. @6%  +9)!F!666666666666666666666666666666666677 >%"0
'H.. ' 666666666666666666666666666669 !!/ < 7 >:0 * >220
'%*0H.. '*%6; 6666666666666666666666666677 >@00 * >''0
%H.. A6" 666666666666666666666666666666666 7 < 77 >:0 * >"0
:H*2'H.. '6%  66666666666666666666666666666666666666677 >%00
2%H.. @6% 6666666666666666666666669 !!/ < 7 >@0 * >2H0
AHH.. '6% 666666666666666666666667 < /B9! >220 * >A20
AHH.. %6; 6666666666666666666666666666666666666666666666677 >2A0
A%H.. %6; 666666666666666666666 9 !!/ < 77 >:0 * >2%0
%HH.. " 66666666666666666666666666666666666666666666666666667 >@%0
AE 1/C!8?!8 6666666666666666666666666666666666666666666666666667 >%0
8+9. +/ !8  6666666666666666666666666666666666666666666666666667 >A0
1?8F +/ !8  66666666666666666666666666666666666666666666666677 >:0
3!! (8+3 6666666666666666666666666666666666666666666666666666677 >@0
2AH  (6666666666666666666666666666666666666666666666666666666667 >@0
AAH  (6666666666666666666666666666666666666666666666666666666667 >2%
1-81+ ( 6666666666666666666666666666666 7 < 77 >A% * >%0
'%$ +
 1 F /-F6666666666666666666666666666666666666666666666677 >2;0
 1.3-!?! 7 8+36666666666666666666666666666666666666667 >A00
'H.. ' 6666666666666666666666666666666666666666666666666666667 >2;0
%H*2HH.. '*%6; 66666666666666666666666666666666666677 >%00

0DLO
2UGHU
+RWOLQH

:%*2%H.. '6%  666666666666666666666666666666666666666667 >@00


"H.. A6" 6666666666666666666666666666666666666666666669 !!/ >'0
2'H*A"H.. %6;  6666666666666666666666666666666666666667 >@00
2%H.. ' 666666666666666666666666666666666666666666666666666E >:0
AHH.. '6% 666666666666666666666666666666666666666666666666677 >00
%HH.. " 66666666666666666666666666666666666666666666666666667 >A00
AE !-!1/C!8?!8 6666666666666666666666666666666666666666677 >00
 2AH ,6666666666666666666666666666666666666666666666666666667 >'0
 8+9. +/ !8 66666666666666666666666666666666666667 >:0 * >"0
  +/ !8 6666666666666666666666666666666666666666666666667 >;'
+9? !C!- +/ !8  6666666666666666666666666666666666666666667 >@%
$%$  "$((
2H*2:.. @6%*'6%  +9) F!  1,+/
6666666666666666666666666666666666666666E !.1 < +/?* >@A0 * >'00
2H*AA.. @6%*'6% 66666666666666666666666666666666677 >@H0
2H*A'.. @6%*'6% +  93) .81/ 66666677 >A:0
2A*A'.. '    1,+/66666666666666666677 >A:0
2'.. A6"  666666666666666666666666666666666666666666E >;00
2'.. #A6"  6666666666666 7 < 77 >2200 * >2@'0
2%*"%.. @6%*%6;   6666677 < +/?* >@"0 * >@00
2;*@%.. A6"  666666666666666E < 77 >%'0 * >%00
2;*@%.. A6" 
666666666666666666666666666677 >"'0
2;*%H.. A6"  81  1,+/6666666666666666677 >A"0
2:*'H.. '  666666666666666666E < 77 >@@0 * >'A0
2:*%H.. A6" + .81/66666666666666666666666666677 >200
2:*%%.. A6"   6666666666677 < +/?* >'A0 * >'@0
2:*"%.. @6%*%6;   66666666 7 < 77 >2A0 * >2'0
2:.. '6H 6666666666666666666666666666666666666 +/?* >2@'0
2"*AHH.. @6%*%6;  6666666666666666667 < +/?* >AA0
2"*%%.. @6%*%6; 66666666666666666666666666666666666667 >'0
2"*%%.. @6%*%6;  666666666666666666666666666666677 >;0
2"*%%.. @6%*%6;   4 5666666666666666 +/?* >:0
AH.. A6"  66666666666666666666666666666666666666666666667 >A20
AA.. A  666666666666666666666666666666666666666666666 +/?* >2H0
A'*2H%.. '   66666666666666666666666666666666667 >'20
A'*AHH.. @6%*%6;  1,+/66666666666666666666677 >2A0
A'.. 26'  666666666666666666666666666666666666666 +/?* >:'0
A'.. 26' 
666666666677 < +/?* >020 * >0'0
A'.. A6" 666666666666666666666666666 7 < 77 >2@0 * >2"0
A'.. A6"   66666666666666666666666666666666666666 +/?* >@%0
A'.. @6%  , 66666666666666666666666666666 +/?* >2H00
A"*2H%.. @6%*'6%  6666666666666666666666666666666677 >00
A"*2@%.. @6%*%6;   666666666666666667 >220 * >2A0
A"*AHH.. @6%*%6;  666666666666666666666666666666667 >2@0
A"*@HH.. @6%*;6@  +  .81/6666666666677 >A"0
A"*:H.. A6;*A6"  81 1,+/ 6666666666/B9! >A'0
A"*:%.. A6"  +  .81/
66666666666666666666666666666666666666666666666667 < +/?* >2;0 * >A20
A"*"H.. A6"  81 1,+/666666666666666666666677 >A@0
A".. A  !+9966666666666666666666666666666666666666666667 >%'0
A".. A6" 6666666666666666666666666666666666666666666666677 >2'0
A".. A6"  )+#? !+ 66666666666666666666666666677 >;00
@%*2@%.. @6@*'6% 1/?E 666666666666666666677 >''0
@%*@%H.. @6%*%6;  6666666666666666666666666 +/?* >;'0
@%*:H.. @6' 66666666666666666666666666666666666666677 >A00
@%.. A6" 81   1,+/ 66666666666666666 !D >@A%
'%.. A6" * 666666666666666666666666666666677 >;00 * >"'0
%H*2@%.. A6"   1,+/66666666666666E !.1 >'"H
%H.. 26A  6666666666666666666666666666666666666666677 >""0
%H.. 26'  66666666666666666666677 < +/?* >200 * >AH0
%H.. 26"  666666666666666666666666666666666666666666666677 >%0
%H.. 26"  ,2 666666666666666666666666666666666666666667 >220
%H.. A6%  81 666666666666666666666666666666666666667 >2%0
%%*AHH.. '6%*%6;  6666666666666666666666666666677 >%0
;H.. A6"  81 6666666666677 < +/?* >200 * >A20
:H*AHH.. A6"   666666666666666666666666666666E >%'0
:H*AHH.. A6"   6666666666666666666666 +/?* >2@"0
:H*AHH.. '   6666666666666666666677 >;20 * >;'0
:H*A2H.. @6%*'6%  6666666666666666666666666666666677 >00
:H*A2H.. '  6666666666666666666666666666666666666666666677 >:0
:H*@HH.. '*%6;   66666666666666666666666666667 >:@0
:H*@HH.. '*%6;  81 .81/ 666666666666 +/?* >%0
:%*@HH.. '*%6;  66666666 9 !!/ < 77 >@0 * >%0
"H*AHH.. '6%*%6;  666666666666666666666666666666677 >'0
"%.. 26A  6666666666666666666666666666666666666666677 >"00
"%.. 26A  , 66666666666666666666666666666677 >2H00
"%.. 26'   93)!8+- .F/(666666666677 >2:0
"%.. 26"  666666666666666666666666666666666666666666 +/?* >A20
0H.. A6"  81 .81/ 6666666666666666666666677 >2:0
0H.. A6"  + 81 .81/66666666666666666 +/?* >A20
0H.. #A6"  )+#?666666666666666666666666666666666666 +/?* >:"0
2HH*'HH.. '6%*%6;   6 7 < 77 >%00 * >:'0
2HH.. A 1/?E 666666666666666666666666666666666677 >:'0
2HH.. A6"  81 6666666666666666666666666666666666667 >2:0
2HH.. A6"  816666666677 < +/?* >A00 * >@A0
AHH*%HH.. %*;6@ +   .81/66666666666677 >'"0
@HH.. A6"   1,+/666666 7 < 77 >;'0 * >"'0
@HH.. A6"  66666666666666666666666666666666666677 >20%H
@HH.. '   6666666666666666666666666677 >;00 * >:A0
'HH.. A6"  666666666666666666666666666666666666667 >2"00
'HH.. %6;  666666666666666666666666666666666666666667 >:"0
%HH.. '   666666666666666666666666666666666 +/?* >'200
%HH.. " !&!E 1D!8 666666666666666666666666666666666667 >:0
;HH.. '   6666666666666666666677 >%200 * >%''0
;HH.. '  666666666666666666666666666666666666666667 >@A"0
"HH.. %6;   666666666666666666666666666666 +/?* >:0"0
8+(+/- !/9F66666666666666666666666666666666666666666666667 >@0

$%$   "%$0'-'(
26'E  E?!/ !866666666666666666666666666666666666666666666667 >2H0
AE  E?!/ !8666666666666666666666666666 7 < 77 >2H0 * >220
AE  E?!/ !86666666666666666666666666666666666666666666677 >2:0
 E?!/ B! !? 2A<AH<@; 666666666666666 +/?* >%0
E?!/ B! !? 2A<AH<@;  666666666666666666666 +/?* >;0
26'E 1/C!8?!8  81@HH 666666666666666666677 < +/?* >:0
#  $%$   2A*A'.. '6%*%6;    6 7 < 77 >@20 * >@;0
2%*@H.. @6%*'6%   6666666666666666666666666666677 >2"0
2:*%H.. A6"     666666666666666666666677 >200
A'*;H.. A6"  666666666666666666666666666666666666667 >2%0
A'*:H.. A6"    666666666666666666666666666677 >''0
A"*@HH.. @6%*;6@  666666666666666666666666666669 !!/ >'0
A"*:H.. @6%*'6% 66666666666666666666666666666669 !!/ >A%
A"*"H.. @6%*%6; 66666666666666666666666666666666666666677 >A0
%H*%HH.. '*;6@ 31   666666666666666666666E >@00
%H.. 26'    66666666666666666666677 >A20 * >AA0
%H.. A6"   81666666666666666666666666666666677 >2%0
:H*A2H.. A6" 31 6666666666666666666666666666666666666667 >2:0
:H*@HH.. '*%6; 31 81 66666666666666677 >%% * >:0
:H.. A6"   8166666666666 7 < 77 >AA0 * >A@0
:%*@HH.. '*%6; 31666666666666666666666666666666666666667 >:0
:%*@HH.. '6%*%6; 31666666666666666666666666666666666667 >'0
2HH*@HH.. ' 31   6666666666666666666666666667 >A00
2H%.. A6" 81     66666666666666677 >@A0
2AH*@HH.. A6"     66666666666677 >20A0
2%H.. A6"   81  6666666666666666666677 >@'0
2:H*%HH.. %*;6@ 31666666666666666666666667 >2:0 * >A00
@HH.. A6" 3166666666666666666666666666666666666666/B9! >@'0
@HH.. A6"     66666666666666666666677 >2;"0
@HH.. ' 3166666666666666666666666666 7 < 77 >2%0 * >200
'HH.. %6; 31 !-! 816666666666666666666666666667 >2"0
%HH.. '6% 31   666666666666666666666666666667 >2;"0
;HH.. " !&!E 66666666666666666666666666666666666666666677 >2:0
$%$   "(/$(
 2;H 3!! -+?!66666666666666666666666666666666666666677 >%
AHH 3!! -+?! 66666666666666666666666666666666 7 < 77 >0 * >2%
@HH 3!! -+?! 6666666666666666666666666666 7 < 77 >2% * >A0
@"H 3!! -+?! 6666666666666666666666666666666666666666666666667 >'0
'AH 3!! -+?! 6666666666666666666666666666 7 < 77 >;0 * >:0
'@H 3!! -+?!666666666666666666677 < +/?* >2'' * >2'0
'@H 3!! -+?! 666666666666666666666669 !!/ < 7 >2% * >A0
%'H 3!! -+?! 6666666666666666666666666666 7 < 77 >@0 * >'0
%%H 3!! -+?! 66666666666666666666666666 7 < 77 >00 * >2H0
%"H , 3!! -+?!666666666666666666666666677 < +/?* >200
%"H 3!! -+?! 666666666666666666666666 7 < 77 >2@0 * >2%0
%"H 3!! -+?!666666666666666666666666666666666666666666677 >200
@ 81-+?!6666666666666666666666666666666666666666666666666677 >'0
*2' 81 +/(-+?!66666666677 < +/?* >A'0 * >A:0
'H  81 -9)66666666666 77 < /B9! >A% * >A0
*A 8/9.+??!8 6666666666666666666667 < /B9! >%0 * >00
!& %H2 +(+?-666666666666666666666666 7 < 77 >"0 * >00
2% *2 +8!-!99 +(+?- 81 -9)66666666666677 >2:0
" B?1 2A +/( +()? 66666666666666666666666677 >00
 +";; -9)66666666666666666666666666666666666666666677 >"0
%$-1 *
;'% 1.3-!?!66666666666666666666666666666677 >2:00 * >2"00
@%.. @6% +9?(1/ 66666666666666667 < +/?* >:'0 * >0'0
'%*0H.. '6% 8+1666666666666 7 < 77 >2@00 * >2%00
'%.. A6" +9?(1/ 666666666666666666666666677 >'"0 * >'00
2AH.. ' 31 81 6666666666666666666666677 >%00 * >"00
2'H.. A6" 1//8666666666666667 < /B9! >@"0 * >;"0
A2H.. ' 1//8666666666666666666667 < +/?* >@"0 * >'00
@%H.. ' !-! 31 !99866666666666666666666666677 >@000
26'E B?8 1/C!8?!866666666666666666666666666666666666 +/?* >'00
AAH BB. +-. /9!8?666666666666666666666666666666666 +/?* >00
-! D+?) %H66666666666666666666666666666666677 >A% * >A0
:2 11 6666666666666666666666666666666666666666666666666666 +/?* >00
:@ 11 6666666666666666666666666666666666666666666666666666 +/?* >:0
:' 11 4A2H..5 666666666666666666666666666666666666666667 >@0
8(! F9?!. (66666666666666666666666666666666666666666677 >2:0
*A +9? !C!- +/ !866666666677 < +/?* >AA0 * >A"0
*2 +-. ,66666666666666666666666666666666666666666666677 >"0
*2 AAH +-. /9!8?6666666666666666666666666666666666677 >"0
*A 1-81+ (6666666666666666666667 < +/?* >@0 * >00
2 ??!8F 8+3 666666666666666666666666666666666666666666677 >2"0
2 -9) 8,!? 6666666666666666666666666666666666666677 >2'0

%$-1
$((
A"*:H.. @6%*'6% 666666666677 < +/?* >A%0 * >A:0
A"*"H.. @6%*%6; 66666666666666666666666666666666666 !D >@00
A"*"%.. @6@*' 666666666666666666666666666666666666667 >A;0
%H.. 26: 6666666666666666666666666666666666666666666666666667 >:0
;H.. A6"  8166666666666666666666666677 < +/?* >@00
:H*AHH.. '*%6; 66666666666666666666666666666666666677 >'00
:H*A2H.. @6%*'6% 31 +(. 6666666666666666666666667 >'0
:H*A2H.. '*%6; +(.66666666666666666666666666666666667 >A0
:H*@HH.. '*%6; 666666666 77 < /B9! >''0 * >:00
:%*@HH.. '6%*%6; !+9966666666666666666666666666/B9! >%0
"H*AHH.. '6% 1,+/66666666666666666666666666666666666667 >A%
2HH.. A 66666666666666666666666666666666666666666666666677 >%00
2HH.. A6"  816666666666666666666666666666666666667 >@00
2HH.. '  -/866666666666666666666666666666666666666677 >;00
2@%.. A 4;H !8  +?+1/5 666666666666666666/B9! >A@00
2"H.. A6" 6666666666666666666666666666666666666666/B9! >%00
AHH.. @6% 66666666666666666666666666666666666666666666677 >200
AHH.. ' 6666666666666666666666666666666 /B9! >''0 * >'00
@HH.. ' 666666666666666666666666666666666666666666666666667 >A00
-" ''%'"((
" *812 1 F 6666666666666666666666666666666666666666666667 >A:0
*A -, 1 F /-F 6666666666666666666666666666666666 +/?* >@;0
*2 -, 1 F /-F 6666666666666666666666666666666666 +/?* >A20
*2 +-C!8 1 F /-F 666666666666666666666666666666666666667 >2:0
+/!3+E *26666666666666666666666666666666666666666666666666677 >2:0
+/!3+E 2H 7 !?)!8 9!66666666666666666666666666677 >2"0
+/!3+E 2H -, 66666666666666666666666666666666666666666677 >200
+/!3+E 2HH9 +-C!8 6666666666666666666666666666666666666677 >%20
+/!3+E 2HH9 +-C!8 7 9! 6666666666666666666666666677 >%@0
+/!3+E 2HH -, 66666666666666666666666667 < 77 >'"0

%"   * 2 -, 1 F /-F 666666666 +/?* >;'0


  * %
1 F /-F * -,66666 +/? >:00 * >"00
  * % -, 1 F /-F6666666 7 < 77 >A:0 * >A00
  * % +-C!8 1 F /-F6666666 7 < 77 >A%0 * >@20
  * 2H 1 F /-F * -, 66666666666666666666 +/?* >@20
*A -, 1 F /-F 66666666666666666666666666666667 >:0 * >"0
*A )81.! 1 F /-F6666666666666666666666666666666666677 >"0
*@ 7 2'*'A.. -,666666666666666666666666666666666667 >200
*@ 1 F /-F * -,6666666666666666666666666666666666667 >2'0
*@ 1 F /-F * +-C!86666666666666666666666666666666666667 >2'0
*% +-C!8 1 F /-F 666666666666666666666666666666666666 +/? >A00
* 2 -, 7 2'*'A666666666666666666666666666666666666677 >2H0
* A -, 1 F /-F 666666666666666666666666666E !.1 >2@0
* @ -, 7 2'*'A.. 7 -9) 666666666666666666667 >2A0
* % 7 2'*'A.. 66666666666666666666666666666666666666 +/?* >200
* % -, 1 F /-F 666666666666666666666666666666666677 >2;0
 *@ 1 F /-F66666666666666677 >@00 * >'A0
2 1 F /-F666666666666666666666666666666666666667 >2@0 * >2'0
2 1 F /-F6666666666666666666666666666666666677 >220 * >2A0
; 1 F /-F6666666666666666666666666666666666666666666666677 >2'0
% 7 2'*'A .. * -,66666666666666666666666666/B9! >A@0
% 1 F /-F666666666666666666666666666666666666666666666666677 >2;0
2 1 F /-F666666666666666666666666666666666666666666666666666667 >'0
@ -, 1 F /-F 6666666666666666666666666666666666666666677 >00
*A 1 F /-F666666666666666666666666666666666666666666666666667 >:0
*@ -, 1 F666666666666666666666666677 < +/?* >;0 * >:0
*@ ! 1 F 6666666666666666666666666666666666666666666666 +/?* >:0
" 2H 7 2"*%%..666666666666666666666666677 >220
2HH 7 AH*%H.. 6666666666666666666666666666666666666666677 >:0
2HHH 1 F /-F6666666666666666666666666666666666666666666667 >00
22HH 7 AH*%H.. 66666666666666666666666666666666666 +/?* >2'%
2;.. A6'666666666666666666666666666666666666666666666666666677 >2'0
AH.. A6" +*#B/?+1/666666666666666666666666666666666666 +/?* >"0
%HH.. " !&!E 7 AE 1/C!8?!8 6666666666666666666677 >00
;H.. #A6"    666666666666666666666666666666666677 >A:0
 2% -9)66666666666666666666666666666666666666666677 < +/?* >A0
AAH -9) 66666666666666666666666666666666666666666666666677 >;0
% : 1 F /-F666666666666666666666666666666666 +/?* >2H'0
;HHH 1 F /-F66666666666666666666666666666666666666666 +/?* >@20
%HHH 7 2;*%H.. @6%*%6;  666666666666666666 +/?* >2:0
: 7 2"*%%.. 6666666666666666666666666666666666666666677 >''0
@ 7 2;.. A6"66666666666666666666666666666666666666677 >2@0
@ 7 2"*%%.. 7 -9)6666666666666666666666666666677 >2'0
-" 
 #'(
  2 , 1 F /-F666666666666666669 !!/ >200
 2 , 1 F /-F 666666666666666666666666666666666667 >%"0
 2
 1 F /-F666666666666666666666666666666667 >2:"0
 2 , 1 F /-F6666669 !!/ < E >A00 * >'00
 2 , 1 F /-F66666 7 < 77 >2H00 * >2A00
 AH 1 F /-F666666666666666666666666666666666666666666667 >%0
 %HH 1 F /-F666666666666666666666666666667 >2%0 * >2;0
 %%H 1 F /-F6666666666666666666666666666666666666677 >AA0
 % 7 *' 8+3 666666666666666666666666666666666666667 >@'0
 % 1 F /-F666666666666666666666666666666666666666666667 >@A0
 % , 1 F /-F6666666669 !!/ < 7 >%00 * >"@0
 % ,  1 F /-F 4:AH 5666666666666677 >2H00
 ;HH 1 F /-F666666666666666666666666666666669 !!/ >2"0
 ;H 1 F /-F666666666666666666666666666666666666666677 >@00
 ; 1 F /-F6666666666666666666666666666666666666666 +/?* >0'0
 : 1 F /-F6666666666666666666666666666666667 >@;0 * >'@0

%$-1  '(
A +--!//+B.
+? 6666666666666667 < +/?* >2'00 * >2;00
A +?/+B. 7 '%.. A6666666666666666666666666666666677 >%00
A -, 7 '%.. A6666666666666666666666666666666666666667 >%00
A 7 '% A6666666666666666666666666666666666666666666666667 >'00
2 1 F 7 2 ,6666666666666666666666666666666666666667 >2;0
2 1 F 1/-F 66666666666666666666666666666 7 < 77 >2;0 * >200
2;.. "  7 +/ !8 66666666666666666666666666666666666 +/?* >000
A2.. A6"  7 +/ !8 6666666666677 < +/?* >'00 * >%'0
A2.. A6"  7 +/ !8 * -, 666666666666666666666677 >;'0
A".. A6"  66666666666666666666666666666666666677 >A'0 * >A"0
A".. A6"  * -,666666666666666666666666666666666666677 >A00
0H.. A6"  66666666666666666666666666666666666677 >200 * >AA0
2;.. +!D$/ !8 6666666666666666666666666666666666666666 +/?* >200
-, !?)!8 1- --66666666666666666666666666666666666 +/?* >2'0
 2'H -9)6666666666666666666666669 !!/ < +/?* >AH * >%0
 AHH -9)66666666666666666666666666666666666666666666666666677 >:% " % 81 7 *AHH 8+366666666666666666666666666667 >A@0

 

@ 81 1 F /-F666666666666666666666666666666666666666666666667 >00 /  /# %'#A 81 1 F /-F6666666666666666666666666666666666666669 !!/ >%0 ;0H 7 ;%.. " 7 2HH.. 6666666666666666666666666667 >0'0
;:H / 9!  11 66666666666666666666666666677 >2%00
 AHH 1 F /-F 666666 9 !!/ < 77 >2A0 * >2:0 ;"H , 66666666666666666666666666666666666666666666666666667 >%00
@ 1 F /-F66666666666666666666666666 7 < 77 >0'0 * >2A'0 ;0H , 66666666666666666666666666666666E < 7 >'%H * >%A0
@HH 7 *2H 8+3666666666666666666666666677 >@'0 * >@:0 ;"H ,2 1.3-!?!6666666666666666666666666667 >@'0 * >'00
@HH 1 F /-F6666666666666666666666666 7 < 77 >A;0 * >A00 ;"H , 1.3-!?! 66666666666666666666666666666666666677 >%00
@HH 1 F /-F666666666666666666666666666666677 >@"0 * >@00 ;"H , 1.3-!?! 666666666666666 7 < 77 >%"0 * >:A0
@2HH 1 F /-F66666666666666666666666666666666666666666 +/?* >2'0
@ 1 F /-F6666666666666666666666666666666666666666666677 >A@00 (("" 
%HHH 1 F /-F6666666666666666666666666666666666666666666667 >2A0 ' 1.3-!?! 4;H 5666666666666666666666666666666677 >2A00%
%@HH 1 F66666666666666666666666666666666666666666666666666677 >@;0 ' 1.3-!?! 4'H 566666666666666666666666666666666677 >;'00
;HH 1 F /-F6666666666666666666666667 < +/?* >;:0 * >::0 ' 1.3-!?! 4@2 566666666666666666666666666666666677 >%'00
;2H 1 F /-F66666666666666666666666666666666666666666666677 >0A0 @ 1.3-!?! 4@0 5666666666666666666666666666666677 >''"0
:H 1 F /-F6666666666666666666666666666666666666666666666666667 >:0 @ 1 F 7 @2  , 6666666666666666666666666666677 >A0"0
:HH 1 F /-F666666666666666666669 !!/ < 7 >':0 * >;'0 2H2 +(+?- ,666666666666666666666666666666666666666666667 >%00
:HHH 1 F /-F666666666666666666666666666666666666666666677 >@%0 A 43(8 ! 5 1 F 7 0H 8+9. 7 (G+/!
:2HH 1 F /-F66666666666666666666667 < +/?* >%A0 * >%%0 666666666666666666666666666666666666666666666666666666666666666666677 >2A"0
"HH 1 F /-F66666666666666666666666666666666666666666677 >2H00 A 1 F 7 8+9. 7 ( 6666666666666666666666666666677 >2A%H
"HH 1 F /-F6666666666666666666666666666666666666666667 >2@'0 A 1.3-!?!66666666666666666666666666666666666666666666666667 >20'0
"2H 1 F /-F6666666666666666666666666666666666666666 +/?* >20"0 2 1.3-!?!66666666666666666666666666666666666666666666666667 >2200
2 1 F 7 0H 8+9. 66666666666666666666666666669 !!/ >'00

%" @ 1 F /-F66666666666666 7 < 77 >A:0 * >A00 2 1 F 7 0H 8+9. 7 2;<@A ,66666666666E >%'0
;AH 7 2'*'A..66666666666666666666666666666666666666666677 >A'0 2 1 F /-F666666666666666666666666666666666666666667 < 77 >;"0
;AH 7 2'*'A.. 7 'H*2%H..6666666677 >@@0 * >@'0 A".. ' 66666666666666666677 < +/?* >A@"0 * >A'%H
;AH 7 2'*'%.. 7 'H*2%H..66666666666666666666667 >A"0 @%.. @6%  66666666666666666666 7 < 77 >22"0 * >2@"0
;HH 7 2'*'A..66666666666666666666666666666666666666666677 >2:0 %H*22H.. @6%*'6%  666666666666666667 >2;%H * >2"%H
%AH 7 2'*'A..66666666666666666666666666666666666666666677 >2'0 %H.. @6%  66666666666666666666666 7 < 77 >000 * >2A00
%2H 7 2'*'A..66666666666666666666666666666666666666666677 >2%0 2AH.. '  8166666666666 7 < 77 >2;'0 * >2:00
%2H 7 2'*'A.. 7 'H*2%H..6666666677 >2@0 * >2%0 2%H.. @6A  66666666666666666666666666666666666666666666667 >000
'%H 7 2'*'A..666666666666666666666666666666666666666666667 >20% +-  1 B-!6666666666666666666666666666666666666666666666667 >A"0
'AH 7 2:6%*'%.. 7 'H*2%H..6666666666666666677 >2"0 26%E  +-?<)+#? 1/C!8?!8666666666666666666666 +/?* >A'0%
'2H 7 2:6%*'%.. @6%*%6; 66666666666666666666666677 >220 26:E  1/C!8?!866666666666666666666677 < +/?* >%00 * >;00
'HH 7 2'*'A..666666666666666666666666666666666666666666667 >2A0  )8(!866666666666666666666666666666666666666666666666666 +/?* >'0
E?!/9+1/ B!  2@..6666666666666666666666666666666677 >2;%
!$
@H -B! 1 F /-F66666666666666666666666666677 >A'0 .+2HH 1-81+ ( 666666666666666666 7 < 77 >%0 * >2'0

: 1 F /-F666666666666666666666666666666666666666666666666677 >A'0  B88!? +/ !8  6666666666666666666666666666666666666677 >A20

*8 1 F /-F 666666666666666666666666666666666666666666666666667 >2A0 !/9 11 2AH.. 666666666666666666666666666666666666677 >@%

2HH 1 F /-F6666666666666666666 9 !!/ < 77 >'0 * >00 !/9 11 "H.. 66666666666666666666666666666666666666677 >@%

2H 1 F /-F666666666666666666666666666666666666666666666667 >2A0  $/ !8666666666666666666666666666666666666666666666666666666666677 >2'0

AH 1 F /-F666666666666666666666666666666666666666666666667 >2'0


(("" 
% 0HH 1 F /-F66666666666666666666666666666666666677 >:'0 %H@ )81.! 1 F /-F6666666666666666666666666666677 >%00
:HH 1 F /-F6666666666666666666666666 7 < 77 >A@0 * >A:0 %H@ -, /-F 7  6666666666666666666666666666666667 >''0
%H@ )81.! 1 F /-F66666666666666666666667 < 77 >'00
%H@+ )81.! 1 F /-F66666666666666666666666666666667 >'00
-3 "(/$(
@H 2+ -9)666666666666666666666666666666666666666666666/B9! >@0 %H2 -, 1 F /-F666666666666666666666666666666666666667 >A00
@A2 -9) 66666666666666666666666666666666666666666666666666666677 >AH %H2 1.3-!?!666666666666666666666666666666666666666666677 >2200
'% 2 -9) 666666666666666666666666666666666666666666666666666677 >A0 %H2 1.3-!?! 7  0H 8+9.66666666666666677 >2A'0
'% @ -9) 6666666666666666666666666666666666666666666666666666667 >;0 %%@  -, 1 F /-F66666666666666666666666666666666667 >''0
'% @ + 6666666666666666666666666666666666666666666667 >'0 * >%0 %%@  )81.! 1 F /-F 66666666 7 < 77 >@'0 * >%'0
'% ' -9) 666666666666666666666666666666666666666666667 < 77 >@0 %HH  -, 1 F /-F666666666666 7 < 77 >A00 * >''0
'% ' -9) EA 7 )8(!86666666666666666666666666666666667 >%0 %HH 1-  +?+1/ 6666666666666666666666666666666/B9! >@000
'% ' + 666666666666666666666666666666666666666666667 < 77 >%0 @H.. @6% + +9)!F!66666666666666666666666666666677 >A%00
'%2 -9) 666666666666666666666666666666666666E < 7 >A% * >@% 'H.. '  -,6666666666666666666666666666666666666666666E >''0
'%2 + 666666666666666666666666666666666666666666666666666677 >@0 '%.. '6% 31 8/ (1/66666666666666666666666666677 >""0
'%@ -9) 6666666666666666666666666666666666666666666666666666667 >%0 %H.. '  -,666666666666666669 !!/ < 7 >2A0 * >A'0
'%@ + 666666666666666666666666666666666666666666666666666677 >@0 %H.. '  )81.!666666666666666666666666666666666669 !!/ >"0
'%' -9) 6666666666666666666666666666666666666666666666666666667 >@0 %H.. ' 66666666666666666666666666666666666666666666666666667 >@'0
'%' + 6666666666666666666666666666666666666666666666666666667 >;0 %H.. '   66666666666666666666666666666666667 >%'0 * >;'0
'%% -9) 6666666666666666666666666666666666 7 < 77 >@0 * >%0 %H.. ' $  6666666666666666666666666666666666666666666667 >;'0
'%% + 666666666666666666666666666666666666666666666 E < 7 >@0 "H.. A6" 6666666666666666666666666666666666666666666666677 >@00
%H % + 66666666666666666666666666666666 /B9! >2'0 * >2;0 2AH.. '  816666666666666666666E < 7 >@00 * >%'0
:H % -9)666666666666666666666666666666666666666666666666677 >2:0 2@%.. %6;  81666666666666666666666666666666666666667 >A'0
:H ' -9)66666666666666666666666666666666666666666666666666667 >2%0 2'H*A"H.. %6;  -,6666666666666666666667 >'00 * >%'0
1D!8 , 'H !? 66666666666666666666666666666666666/B9! >@0 2%H.. '  -,6666666666666666666666666666666666669 !!/ >00
1D!8 , %H 666666666666666666666666666666666666666666666677 >00 2%H.. '  )81.!6666666666666666666666666666666666666667 >2A0
2% -9) 8,!? 666666666666666666666666666666666666666666677 >20 2%H.. ' 666666666666666666666666666666E < 7 >A'0 * >@'0
2;H.. '6"  66666666666666666666677 < +/?* >@'0 * >@00
A%H.. %6;  -,6666666666666666666666666666666666666667 >200
-/%
-$
! ;HH ! 7 ?/ 6666666666666666666666666677 >2'0 A%H.. %6;  +-C!86666666666666666666666666666666666666667 >2'0
  "HH 8+!. ! 9 E@666669 !!/ >200 A%H.. %6; 666666666666666666666666666666666666666666666667 >A00
# 2E 938+? 2HHH ! 66666666666666666666666677 >A:0 A%H.. %6;  B3!8 )81.?6666666666666666667 >2000
AHH 1/1-+?! ! 6666666666666666666666666666666666666666667 >%0 @%H.. %6;  -,6666666666666666666666666666666666666667 >@'0
93+8+? 2A% ! 7 ?/ 66666666666666666666666666666666677 >00 @%H.. %6; 66666666666666666666666666666666666666666666677 >;00
938+? 2HHH ! EA 6666666666666666666666666666666666666677 >%'0 %HH.. "  -,66666666666666666666666666666667 >'%H * >'00
938+? 2A% )! 6666666666666666666666666666666666666666666666677 >00 26'E  1/C!8?!86666666666666666666666666666666666666666666677 >@00
938+? +(+?- 2HHH D1 !
+? 66666666666666677 >"'0 E?!/9+1/ B! 2H 6666666666666666666666666666666666666666666667 >@H
E38!99+1/ ;; -9) /!- 7 ?/ 6666666666666666667 >A'0 E?!/9+1/ B! 2; 6666666666666666666666666666666666666666666667 >@H
1?-+?!66666666666666666666666666666666666666666666666666666666666677 >2'0 E?!/9+1/ B! 2; 6666666666666666666666666666666666666666677 >:0
1/1-+?! AHH D1 !
+?666666666666666666666666666677 >00 E?!/9+1/ B! @A 6666666666666666666677 < +/?* >:0 * >"0
81-+?! ;H ! 7 ?/ 666666666666666666666666666666666667 >2'0 E?!/9+1/ B! %% 6666666666666666666666666666666666666666666667 >@H
 AHA 1D!8 ,666666666666666666666666666667 >A00 E?!/9+1/ B! %; 66666666666666666666666666666666666666666667 >%0
AHA 1D!8 , 7 AE +()?966666666666666666666666666667 >%'0 B+, 1B3-+/( -?! 666666666666666666666666666666666666677 >A%
@HHH 1D!8 , -99+666666666666666666666666666666677 >@00
?F-! @HH D1 !
+?666666666666666666666666666666666677 >A'0 (("" &$
?F-! ;HH ! 7 ?/ 666666666666666666666666666666677 >2"0 3/ 7 '%.. '6666666666666666666666666666666666666667 >2@"0
?F-! ;HH D1 !
+? 7 2E @HH ! 6666677 >''0 @H.. %6; 93) 7 +/ !86666666666677 >2%'0 * >2"00
/(!8 B 8 !?666666666666666666666666666666666666666 +/?* >:00 0H.. '66666666666666666666666666666666666 7 < 77 >200 * >@'0
0H.. ' 3/6666666666666666666666666666666666666666666666667 >A@0
/(!8  3!!  D+?) AE  ! 9 / 9!
6666666666666666666666666666666666666666666666666666666666666666666667 >2''0 '%<0H.. !/?8! +-?!86666666666666666666666666666666666677 >2H0
! @@; @E !
+? 666666666666666666666677 >200
@@; D1 !
+? 6666666666666666666666666666666666666667 >2'0

"!% ;HH 1-8&9) 7 ?/ 6666666666666666667 >2'0 4A'H5 -, 1 F /-F666666666666666666666666666 +/?* >@"'0
1-18&9) , ! 66666666666666666666666666666666669 !!/ >'% 4A'H5 )81.! 1 F /-F 666666666666666666666666677 >@"00
/?!8$? @HH ! EA -9)
+?666666666666666666666666677 >2"0 1/1)81. -, 1 F /-F
1-&9) 2HHH<2HHH ! 96666666666666666666669 !!/ >00 66666666666666666666666666666666666666666677 < +/? >@000 * >''"0
1-&9) 'HHH ! EA
+?66666666666666666666666666667 >A@0 1/1)81. )81.! 1 F /-F666666666666666 +/? >''"0
2A%H 1-&9) ! 7 ?/ 66666666666666666666666666667 >;0  /?)8+?! 1 F /-F666677 < +/? >A000 * >@A00

7KH .LUN :HVWHU %DOEODLU ( LQIR#IIRUGHVFRP


%HDXO\ ,QYHUQHVV ,9 %4 )  

ZZZIIRUGHVFRP
6HH XS WR  LPDJHV RI HDFK XVHG LWHP RQ ZHEVLWH
:HEVLWH XSGDWHV XVHG HTXLSPHQW OLVW  WLPHV GDLO\
$OO LWHPV FRPH ZLWK  PRQWK ZDUUDQW\  XQOHVV VWDWHG
2XU NQRZOHGJHDEOH VWDII DUH RQ KDQG DQG UHDG\ WR KHOS

0 -, 1 F /-F6666666666666666666666667 >AA00 * >A@00


0 ?!!- 8!F 1 F /-F6666666666666666666666666666677 >A@00
" -, 1 F /-F6666666666666666666666666667 >"00 * >22'0
: H6:AE -, 1 F /-F6666666666666666666666666677 >2200
: H6:AE )81.! 1 F /-F6666666677 >2200 * >2'00
; H6:AE -, 1 F 7 +/ !8 666666666666666666667 >:'0
% -, 1 F /-F666666666666666666666666666666666666666667 >%'0
' )81.! 1 F /-F 666666666666666666666666667 >;'0 * >;00
@ )81.! 1 F /-F 666666666666666666666666667 >'00 * >%'0
A )81.! 1 F /-F 66666666666666666E < 7 >@"0 * >''0
!E8  7 %H.. A 7 -9)666666666666666666666666667 >:00
!E8  +.+?!  +?+1/66666666666666666666666666666 +/? >A'00
A -, 1 F /-F 666666666666666666666666666666666666667 >@'0
 )81.! 1 F /-F666666666666666666666666666666666667 >A'0
2;<2"<A2.. ' 8+ -.8 7 +/ !8
6666666666666666666666666666666666666666677 < +/?* >A000 * >@200
2".. @6" 93) -,66666666666666666666666666677 >2%00
A2.. A6" 93) -,677 < +/?* >2%'0 * >2;'0
A2.. A6" 93) -, ;+?6666677 >2%00 * >2;00
A'.. A6" 93) -,6666666E < 77 >000 * >2'A0
A'.. A6" 93) -, ;+?
66666666666666666666666666666666666666666677 < +/? >2'"0 * >2%00
A".. A 93) -,666666666666666666666666666666667 >2@00
A".. A6" -, 666666666666666666 7 < 77 >;@0 * >:00
@%.. 26' 93) -,6666 7 < 77 >2:'0 * >A2'0
@%.. 26' 93) -, ;+?666666666666666666 +/?* >A"00
@%.. 26' -, 6666666666666666666666666666666666666666E >22'0
@%.. A 93) )81.!667 < +/?* >2A00 * >2'%H
@%.. A6% -, ;+? 7 11 66666666666666666 +/?* >0'0
%H.. H60% 93) ;+? * -, 6666666666666 +/?* >%000
%H.. 26' 93) -,66666666666666666666666666677 >2:00
%H.. 26' 93) )81.! ;+? 666666666666666677 >2""0
%H.. 26' -, 6666666666666666666666666666666666677 >2@00
%H.. A -19! 1B9 66666666666666666666666666666666666667 >'00
%H.. A -, 666666666666666666666666666666666666666 +/?* >000
%H.. A6" -.866666666666666666666666666666677 >A00 * >@'0
%H.. A6" )81.! ;+?666666666666666666666666666677 >;'0
%H.. @6% )81.!666666666666666666666666666666666666666667 >AA0
:%.. A6% -, ;   666666666666666666666666666666666 +/? >000
0H.. A )81.!6666666666666666666666666677 >0"0 * >000
0H.. A6" -, 6666666666666666666666666666666666669 !!/ >A00
0H.. A6" )81.!666666666666669 !!/ < 7 >2:0 * >@'0
0H.. A6" -, 66666666666666666666666666666666666666667 >:"0
#2 )+)
: -, 7 "H.. ' 66666666666666666666666666666 +/?* >2;00
: 1 F /-F 666666666666666666666666666666666666666666666666666667 >%'0
'@.. '6% 7 +/ !86666666666666666666666677 < +/?* >:'0
%H.. '6% 7 +/ !8666666666666677 < +/? >%00 * >;"0
;%.. ' 666666666666666666666666666666666666666677 >''0 * >'"0
2%H.. '6% 6666666666666666666666666666666666666667 < 77 >@'0
A2H.. " 7 +/ !866666666666666666666666666666666666677 >;'0
+/ !8 2%H.. :HA 66666666666666666666666666666666666677 >2'0
!/9 11 2%H.. '6% 66666666666666666666666666666666667 >AH
!/9 11 '@.. '6% 66666666666666666666666666666666 +/?* >A%
/18.+  3?!8 :H266666666666666666666677 >;% * >:%
B+, )1! :HA6666666666666666666666666666666666666666666 +/? >00
:HA 1-8+9+/( +-?!866666666666666666666666666666666666 +/?* >"0
#2 

@@H 7 "H.. A6"66666666666666666666666666666666666666E >2;0
%%.. '6% !,1866666666666666666666666666666 9 !!/ < E >:0
2@%.. '6% !,18666666666666666666666666666666666666666677 >2'0
2"H.. '6% B3!86666666666666666666666666666666666666666667 >2A%
%%.. '6% !,1866666666666666666666666666666 9 !!/ < E >:0
# $ %$2 + $%"-  2H*AH.. '*%6;   6666666666666666666666666666666677 >AA0
2%.. A6"   +9) F! 6666666666666666666666666 +/?* >A00
2"*AHH.. @6%*;6@  666666666666666666666666666666666677 >"0
2"*@%.. @6%*'6% 93) 66666666666666666666666666666666677 >%0
AH*'H.. A6" 666666666666666666666666666666666666666666666677 >200
A'*:H.. A6"     66666666666666666666666677 >@00
A"*AHH.. '*%6;6666666666666666666666666666666666666666666667 >'%
A"*:H.. A6"  6666666666666666666666666666666666666666677 >2'0
A".. 26"   6666666666666666666666666666666666666666677 >A%0
%H.. A6"  81 66666666666666666666666666666666666666667 >:0
%H.. A6"   8166666666666666666666666666666 +/?* >2%0
:H*@HH.. '*%6; 31 81 666666666666666666666666677 >:0
:H.. A6"   8166666666666666666666666666666 +/?* >AA0
:%*@HH.. '*%6;  66666666666666666666666666666666666666667 >A0
2H%.. #A6"   81 6666666666666666666666666666677 >A@0
2@%*'HH.. '6%*%6; 3166666666666666666666666666666667 >A'0
2%H*%HH.. %*;6@ 31   66666666666666666677 >':0
'HH.. %6;66666666666666666666666666666666 7 < 77 >%0 * >2%0
'HH.. %6; 31666666666666666666666666666666666666666666677 >A'0
;HH.. " !&!E 66666666666666666666666666666666666666666677 >2:0
!%$ 
; 1 F 7 'H 8+3 66666666666666666666666666666666666677 >:"0
; 1 F /-F 6666666666666666666666666666666666666666666666666667 >;00
% //+C!898F 1 F /-F 66666666666666666666666666666677 >;00
% 1 F 7 *@H ?+1/ +/ !86666666666666666666666667 >@'0
% 1 F /-F 666666666666666666666 9 !!/ < 77 >2'0 * >A00
' 1 F /-F 66666666666666666666666666666666666666666666666667 >2:0

' 1 F /-F 6666666666666666666666666666666666666666666666666667 >2'0


0H 7 A; ,6666666666666666666666666666666666669 !!/ >A0
0H 1 F /-F 66666666666666666666666666666666666666666669 !!/ >A0
2H6%.. A6"     +9)!F! 666666666666666 +/?* >@;0
22*2;.. A6"  81  1,+/66666666666666666667 >@A0
2A*A'.. '  
2 1,+/666666666666666666 !D >@'%
2A*A'.. '    1,+/7 < 77 >A%0 * >A;0
2A*A'.. '     666666666666666677 >@;0 * >@"0
2@%.. A   66666666666666666666666666666666666666677 >:"0
2'.. A6"       .F/(66666666677 >AA0
2'.. A6" 93) 4 5   .81/666666666666666 !D >@0%
2;*%H.. A6"   1,+/66666666666666666666666 !D >@00
2;*"%.. @6%*%6;     
6666666666666666666666666666666666666666666666677 < +/?* >A00 * >@A0
2:*%H.. A6"  + .81/ 666666666666666666666667 >2:0
2:*%H.. A6"  +   .81/ 6666666666677 >A'0
2:*%%.. A6"    667 < +/?* >''0 * >%'0
2"*2H%.. @6%*'6%     66666666666677 >2A0
2"*2@%.. @6%*%6;   6666666666666666666666666667 >220
2"*AHH.. @6%*%6;    66666666666666666667 >2:0
2"*AHH.. @6%*%6;     66666666666666677 >@20
2"*@HH.. @6%*%6;    666666666666666666677 >'A0
2"*:H.. @6%*'6%    666666666666666666666667 >"0
2".. A6"  6666666666666666666666666666666666666666666677 >;'0
2".. @6% 6A !+996666666666666666666666666666666666677 >:'0
AH*@%.. A6" 666666666666666666666E < 7 >A00 * >''0
AH*@%.. A6"  81 1,+/666666666666666666666677 >A00
AH*'H.. A6:*@6%  93) .81/ 6666666666666667 >2:0
AH.. A6"  666666666666666666666666 7 < 77 >A:0 * >@'0
AH.. @6% 1-18 ,138  1+(?-/ !866666677 >A00
A2.. A6"  !+996666666666666666666666666666666666666677 >:00
A2.. A6" A !+996666666666666666666666666666666666 +/?* >0"0
A'*2AH.. @6%*%6;   6666666666666666667 >"0 * >2H0
A'*2AH.. '    66666666666666666666666666677 >;@0
A'*%H.. @6@*'6% 6666666666666666666666666666666666666667 >:0
A'*%H.. @6@*'6%  66666666666666666666666666666666666667 >00
A'*"%.. @6%*'6%  6666666666 7 < 77 >2A0 * >2'0
A'.. 26'      .F/(66666666666 +/?* >@:0
A'.. 26'    6666666666666666666666666666666 +/?* >2H00
A%.. A6"  !+996666666666666666666666666666666666666677 >'00
A"*2HH.. @6%*%6; 6666666666666666666666666669 !!/ >A0
A"*2H%.. @6%*'6% 6666666666666666666666666666666666E >"0
A"*AHH.. @6"*%6; 93) .81/ 6666666666666666 +/?* >:0
A"*@HH.. @6%*%6;    
66666666666666666666666666666666666666666666666667 < +/?* >''0 * >'00
A"*@HH.. @6%*;6@  93) .81/ 6666666666666667 >:0
A"*"%.. @6%*'6% 6666666666666666666666666666666666666667 >;0
@%*2H%.. @6%*'6% 666666666666666666666666666666666666E >@0
@%*2@%.. @6%*'6%  666666666666666666666666666666666667 >:0
@%*:H.. @6@*'6% 6666666666666666666666666666666666666667 >A0
@%*"H.. '*%6; 6666666666666666666666666666666666666677 >A0
@%.. A +9?(1/ A !+99 66666666666666666666666677 >%00
@%.. A6" 81   1,+/
66666666666666666666666666666666666666666666666677 < !D >A'0 * >@A%
%H.. 26'   666666666666666666666666666666666666666 +/?* >A20
%%*AHH.. '*%6;    666666666666666666666677 >00
;H.. A6"  +81 6666666666666666666666666666666666666667 >A20
;H.. A6"  +816666666666666666666666666666666666677 >A'0
:H*AHH.. A6" + .81/ 66666666666666666666666666677 >@'0
:H*AHH.. A6"   .81/66666666666666666 +/?* >:"0
:H*AHH.. '   666666666666666666666666666666666677 >:'0
:H*A2H.. '  66666666666666666666666666666666666666666677 >2:0
:H*@HH.. '*%6; 66666666666666666666666666667 < 77 >%0
:H*@HH.. '*%6;   66666666 7 < 77 >220 * >2A0
:%*A'H.. '6%*%6; 66666666666666666666666666666666677 >"0
"H*AHH.. A6"  666666666666666666666666666666 +/?* >'00
"H*AHH.. A6"  6666666666666666666666666666666677 >'00
"H*'HH.. '6%*%6;  1,+/6666666666666666666677 >A'0
"H*'HH.. '6%*%6;     666666666666 +/?* >2%'0
"%.. 26'  6666666666666666666666666666666666667 < 77 >;'0
"%.. 26'  !+9966666666666666666666666666666666666666 !D >:00
"%.. 26' 6A !+996666666666666666666666666666666666677 >:'0
0H.. A6%   .81/66666666666666666666666666666667 >2%0
0H.. A6"  81  .81/ 666666666666666666667 >2%0
0H.. '6% * ,81 )/!+ !86666666666677 >20'0
2HH*@HH.. %*;6@  .81/6666666666666666666666677 >A0
2HH.. A6"     1,+/666666666666666677 >A'0
2H%.. A6"  +81666666666666666666666666666666666667 >@A0
2H%.. A6"    +81666666666666666666666666677 >'00
2"H.. A6"   66666666666666666666666666666666666 +/?* >'"0
AHH*'HH.. '    
6666666666666666666666666666666666666666677 < +/?* >A:'0 * >A:00
AHH*'HH.. %6;   .81/ 666666666666666666677 >A20
@HH.. A6"     6666666666666666666666677 >@H00
@HH.. '  666666666666666666 7 < 77 >;:0 * >:'0
@HH.. '   666666666666666666666666666666666666666677 >@"0
%HH.. '   66666666666666666666666666666666667 >A0%H
1.319!8 7 +-? 8/9#18.!8 !/9 F666666666677 >:0
!%$  "%$0'-'(
*AH 1/C!8?!86666666666666666666666666666666666666666677 >2:0
 26'E 31  1/C!8?!86666666666666666666666666677 >00
26'E 31   1/C!8?!86666666666666666666666666666666677 >00
AE  31  1/C!8?!866666666666666666666666666666666677 >2H0
26'E 1/C!8?!8  81@HH 6666666666666666666666666666677 >:0

&RQQHFW
12:

AE  1/C!8?!86666666666666666666666666666666666666666666666667 >@%
# $ !%$  2:*%H.. #A6"    66666666666666666666666666 +/?* >A@0
2"*A%H.. @6%*%6;  666666666666666666666666666667 >2:0
2"*%H.. A6"    666666666666666666666666666677 >2'0
2"*%H.. A6"   81 6666666666666666666669 !!/ >00
A"*:H.. A6"  93)666666666666666666666666666666666667 >2'0
A".. 26"  666666666666666666666666666666666666666666666666667 >@0
@H.. 26'    66666666666666666666666666666666677 >2%0
@%.. 26'   6666666666666666666666666666666666677 >'00
%H*2%H.. A6" 31  66666666666666666666666666667 >@'0
%H*%HH.. '6%*;6@     6666666666677 >%00
%H.. A6"   81666666666666666666666666666666677 >2;0
2H%.. A6"   8166666666666666666666666666666667 >200
2H%.. A6" 81     666666666666666 +/? >@@0
2%H*%HH.. %*;6@    
66666666666666666666666666666666666666666666666666 7 < 77 >''0 * >':0
2"H.. @6% 31  81 66666666666666666666666666677 >@'0
@HH.. A6"     66666666666666666666677 >2;"0
%HH.. '6%    666666666666666666666666667 >2"'0
"2#&/(
 '+ -, 1 F 666666666666666666666E < 77 >2A0 * >A00
 '+ +?/+B. 1 F /-F66666666666666666666666666666667 >2;0
 A -, 7 %H.. 26" 66666666666666666666666666667 >220
 A -, 1 F /-F 666666666666666666E < 7 >%0 * >00
 A -, 7 %H.. 26" 7 @A -9)66666666666667 >00
 A )81.! 7 %H.. 26"666666666666666666666666666667 >"0
 A )81.! 1 F 7 +/ !8 A66666666666666666666666E >:0
 A )81.! 1 F /-F666666666666666666666666666666666667 >:0
 2 )81.! 7 +/ !8 A6666666666666666666666666666677 >2H0
 2 )81.! 1 F /-F6666666666666666666666666666666666E >%0
 2 -, 1 F /-F 66666666666666666666666666666666666666667 >;0
 2H -, 1 F 7 < 3?!8666666666666666666666666667 >'0
 2H 1 F 7 +/ !8 A 7 AH -9)66666666666666666E >@0
 2H )81.! 1 F 7 < 3?!8 7 AH -9)6667 >AH
A'.. A6H B+,1 66666666666666666666666666666666666666666677 >@00
A".. @6% B+,1 66666666666666666666666666666666666666666666667 >@0
@%*2H%.. @6%*'6% B+,1 666666666666666666666666666666667 >%0
@%*:H.. @6%*'6% B+,1 66666666666666666666666666666666667 >@0
@%*:H.. @6; B+,16666666666666666666666666666666666666667 >2@0
@%*:H.. ' B+,16666666666666666666666666666666666669 !!/ >A0
@%.. A6" B+,1 )+#? 6666666666666666666666666666666666667 >A'0
%H*A%H.. % B+,16666666666666666666666666677 >A00 * >@'0
%H.. @6% 81 B+,1666666666669 !!/ < 7 >;0 * >:0
;%*AHH.. ' B+,16666666666666669 !!/ < 7 >'% * >2'0
"H.. ' 81 B+,1666666666666666 7 < 77 >2A0 * >2:%
2@%.. @6% B+,1 666666666666666666666666666666666666666666667 >A0
2"H.. A6" B+,1 66666666666666666666666666666667 >AA% * >A"0
AHH.. ' B+,1 666666666666666666666666666 7 < 77 >'0 * >%0
@HH.. '6% B+,1 666666666666666666666666666666666666666677 >2'0




 %
 %


 ) "( & 


 
 $ 
 

     
   


$
z #+
1  "0) )* ") - *!*")
z '.3*(   *-5-"!
z .& - 
z -)"! 12!) #%"- 
z *- 0-""0* 2- #  $"!-*
z  ) * $) *"! "!-!0"0* *""-!
z 0-!  ") ) "- *""-! !   -)!*)
-" * )-$"! ") -z 0-! '$"$0$( *
z 1  ") 1)

$-1 *
;'% 1.3-!?!666666666666666666666666666666666666666666666677 >%00
;'% 7 '%*"%.. '6% 6666666666666666666666666666677 >"'0
;'% 1 F /-F666666666666666666666666666666666666666666666667 >@'0
'%*"%.. '6%  6666666666666666666666666666666666666666666667 >A"0
'%.. A6" 66666666666666666666666666666666666666667 >2'0 * >2;0
'%.. A6" 6666666666666666666666666666666666666666666666677 >@@0
%%.. A6" 666666666666666666666666666666666666666666666666677 >2:0
"H*2;H.. '6%  666666666666666666666666666666667 >A"0 * >A00
"H*2;H.. '6%  66666666666666666666666666666666666666677 >%"0
2AH.. ' 81  666666666666666666666666677 >;"0 * >:00
2%H.. @6% 666666666666666666666666666 7 < 77 >2@0 * >2%0
AHH.. ' 6666666666666666666666666666666666666666666666666677 >2:0
AHH.. ' 66666666666666666666666666666666666666666666666677 >@"0
@HH.. '   666666666666666666666666666666666666666666667 >@00
B?1 E?!/9+1/ B! !? 666666666666666666666666666666666677 >;%
$-1 *)
;: 7  8+9.666666666666666666666666666666666666666666666677 >:00
;: 1 F /-F 666666666666666666666666666666666666666666666666E >'00
@%.. '6% +9)!F! ,B.8 6667 < +/?* >@00 * >'00
'%.. '  6666666666666666666666666666666666666667 < 77 >A'0
%HH.. %6;6666666666666666666666666666666666666677 >''0 * >"00
%%*2HH.. '6%  666666666666666666666666666666666666667 >'"0
%%.. '  6666666666666666666666666666666666666666666666677 >A00
2HH.. '   81 7 22 1/C!8?!866666666677 >@00
2@%.. ' 8166666666666666666666666666666677 >200 * >A00
2@%.. ' 81 ,B.8 666666666E < 7 >2A0 * >2'0
2;%.. A6"6666666666666666666666666666666666666666666666666677 >200
AHH.. '66666666666666666666666666666666666666666666667 >00 * >200
AHH.. '  666666666666666666666666666666666666666666666667 >2:0
AHH.. ' ,B.8666666666666666666 7 < 77 >220 * >200
@HH.. '66666666666666666666666666666666666666666666666666666667 >200
@HH.. ' ,B.86666666666 9 !!/ < 77 >2%0 * >@'0
26'E !8 1/C!8?!866666666666666666666666666666666666666677 >A'0
;: B?1 !--1D96666666666666666666666666666666666666666666 +/?* >A00

(VWDEOLVKHG 



$

 * )
)
 $% 

 ! 
'  $"&

 $
) ! 
'   $



$&)

 


$&)

 $

 

   '


( $'!
 $ 



%)) !
 '  

$
 $%

$%)

 


$))

 

* 1 )- )" 4 $0* #/- 4 - .#*- 00*- /6#%   


  
  

    
        

6KRS 2Q/LQH  3D\ E\ &DVK RU &KHTXH SOXV


6KRS RSHQ 0RQ)UL
 WLOO 
3ULFHV FRUUHFW ZKHQ FRPSLOHG ( 2(

Camera
WHAT DIGITAL

Where is the
best place to
buy a camera?
Who can provide you with the right information, the right products and at a
good price? The Good Service Awards aim to answer these questions by
presenting photography retailers who stand out from the rest with an award.
From this you can work out where to shop for your photography equipment
and nd out where you will be treated as a valued customer.
VOTING HAS NOW OPENED for the 2016 Good Service Awards.

VOTE NOW for


t
a
r
e
il
a
t
e
r
e
it
r
u
o
v
your fa
/gsa

m
o
.c
ra
e
m
a
lc
a
it
ig
td
a
h
.w
www
Voting closes 10th January 2016

8IP  

:MWMX YW  8LI &EPGSR] 1IVVMSR 'IRXVI 0IIHW 07 2+
3TIR 1SR*VM EQ  TQ 7EX EQ  TQ

)QEMP MRJS$HEPITLSXSKVETLMGGSYO

*EQMP] VYR -RHITIRHIRX WYTTPMIV WMRGI 

#NN QWT ECOGTCU CTG IGPWKPG 7- UVQEM  0'8'4 )TG[ +ORQTVU

4VSJIWWMSREP
(IE
V
1(:  0HJD3L[HO (26 (W DQG (W 6

46)36()6 ;-8,  ()437-8


"- 8 ` 
 2: $1075 QP &:
"- x  
"- x  {x  "- x  { vn 

{]{{
 
]{
]{
]

"- nxx -/


"- nx -/
nx v{  ii
n v{xx { v{ 
x v{  0'9 '15 &U
 x vn 
0'9 15 &U 4
 { v{ 
2TGQTFGT9+6*&'215+6
xx vn '15 & /M ++  +0 561%- ]{ { v{   "-
] { vn  
"- { v{ - 1- ]n{ {x v{  "-
{
n
"- nxx -/
n{
 v{

x

x

]

]
x{
x
{
]{

{{x
{

 v{ n
 vn 
]
 vn  - 
]x
 v{x 
 v{x  {
{ v{xx 
]
{ v{xx 0'9 ]
{ v{  - {
n]xn
{ vn {
{ v{  
]
x v {
x v{
]
x v{
{
]{
x v

nx v{
nn
nx v
]{
 >V vn
nx
 >V vn  
 {  
 n  - 
{]n
{ x 
n
{ vn  - 
]
x v{  - 
]nn
 v{  - 
n]nx
n vx  ]n
Z +++ 9+6* .10) 24+/'5 (4''
{  i`i

{
8,/ -ii`i

4VSJIWWMSREP (IEPIV
2); ( EZEMPEFPI  ( 46) SVHIV [MXL  HITSWMX
&5  &  &  &  &  &  .'05'5  (.#5*)705  #%%'5514+'5
{- `
 ;'#4 7- 9#44#06;
v x vn
n  2: $1075
n { v{
n { vn
n {{ vn
0'9 x `
x { v{

{ v{
`
nx 6,
`
nx 6,

{]
]x
]
]x
]x
]
]x
]{
]nx
]
x

x


x nxx
xx
x n{
x
nxx

{ vx{x 8

{{ vn
]
x v{ 6,
n
nx vxx 6, 8 {{
nx vx{x
x
n{ vxx 6,
{n
n vxx 6,  8x
n vxx 6, 8 
{ vn
]{
{ v{ 6,
n
n vxx 6,
x
 vn 6, 
]
 v{ 6,


n]
x { ` -i
n]x - i `
]{n
x { n vn i ]x - `
x]x
x x
]nx * 5KNXGT$NCEM

i
{
5KNXGT$NCEM

x x -
]x
&GOQ ECOGTC KP UVQTG
x xV
]x  V
x]x
$NCEM
x xV 7w
]{ / ` 5KNXGT$NCEM
]x
x xV -
] / L`  i
]
x 
]x / ` nx i
]
x  -
]x 8
]{
x V -
]x 8 6> 5KNXGT$NCEM
]{

6xV }> >V


]xx
]{ 8 i 5KNXGT$NCEM
]x
+PUVQTGFGOQCXCKNCDNG5GG9GDUKVGHQT 8 i
x
HWNNNKUVQH*CUUGNDNCFNGPUGUCPFCEEGUUQTKGU  i 
6 i {
n


>i> )QNF4GF
{x
5GG 9GDUKVG HQT HWNN NKUV QH
.GKEC NGPUGU CPF CEEGUUQTKGU
%CPQP0KMQP (KV
"/1- xx v{
]
"/1- nx v{
]xn
x vn
]{ n `

n vx
]n n /`

{
 vn
]{{ x /`

x
x v
] n 1>` ,
x
n v
x 1>` ,

xx
x v
n 1>`  i>i
n{
x
x v{
x
1>`

i>i
]{{
xn
x v{
n 1>` 
xx
]{{
x v >
1>` 
{
]{
nx v{
n{ /`
n
{
 v >
]{{ { /`
]
x v
n{
1>`

]x
]
(WLK5QP[ /QWPV
{ 1>` 
]{
/  vn
{ 1>`  *
{
]
/  vn
n{
1>`
 *
{x
]x
{ 1>`  *
/ x vn >V 
]
9GCNUQ5VQEM</OQWPVNGPUGUHQT x 1>` 
]{
x 1>` 
.GKEC/<GKUU+MQP8QKIVNCPFGT
]n

 v{xx 6,
n{ v{xx 6,
{ v{ 6,
0'9  vn
{ v{
n vn 
x vn 
x v{ 
x vn 
x v{ 
xn v{ 
nx vn 
nx v{ 
0'9  v{ * 6,
x vn V 6,
nx vx V 6, 8

8/ nx
]{
8/ nxx
]
8/ `
n
8/ >i `

8/ 5KNXGT$NCEM
{
8* n 

8 nxx

8 5KNXGT$NCEM

8 x vn ,  7, n
8 { v{ "
8 nx vxx "x
8 x{ vn "]
8 xx vx{n "{x
8 { vn
{
8  v{
{
8 x v{

8 x v

8 x v *

5GG YGDUKVG HQT HWNN NKUVKPI
%CUJ DCEM CXCNKCDNG

n8x *Vi
 )TGGP$NCEM
8x *Vi
 )TGGP$NCEM
n -7,"6-"
-7,"6-"
n{ -

{ -

nx -

x -

xx -

nx{ -7,"6-"
{ -7,"6-"
x -7,"6-"
x -7,"6-"
n{ ,>}i
{  ,>}i

{nx
xx
]{{
]{
]
]{
]{
]
]
]{
]n
]n
]
]x
]x

{
]n
x]{

]{n
{x
xx
]
xx
x
]

]
]



i{ >V

i{ >V  - 
i{ -i
n
i{ -i  - n
i >V  V

i

5GG9GDUKVGHQTHWNNNKUVQH
)Q2TQ/QWPVUCPFCEEGUUQTKGU

0KMQP%CPQP (KV
x{
n v{x

{
 v{x


 vx

{ {xx   xx


x
 vn{
%

nx vn
#TV

nx vx

n vx
% 
xx
{ vn 
n
{x v{  #TV
{
xx v{x 

 vn 
xx vx  
x vx  5 ]x

x v{  #TV

x v{  #TV

x vn >V 

x vn >V 
]
n vn >V 

1- +1* /  +> }>V ii >i` v > iV>}i  V >i

>iL>`{ { `-i
>iL>` nvn
>iL>` `-i
>iL>`xv

>iL>`v{x

>iL>`v{>V

>iL>`v

>iL>`nv{

>iL>`nv{

>iL>`x
7nvni
>iL>`6i{x*v`i
iV>- `
iV>/nxvxx
iV>nvLV`i`
iV>xvx
iV>86>
>i"6
iV>1>`x  "
iV> 
8/nx

{]{x
]{x
x
]x
]x
]{x
]{x
]{x
]x
]xx
x
n]x
]x
]x
x
]x
nx
{x


8 >V
8* `
8* `
8 `
8{vn,i i

> "- 

> "- 

> "- >

> "-

> "-x

> "-x

> {vn

> {]]vx1-

> v{-1-

> {vn

> v{xx "-1-

> -vx{x1-

> {vn
> vx{x1-


 "1/ "1, 7 -/ ", ",
*," 1
/- -

{
{x

x
{
]x
x
x
{
x
x
]x
x
x

{x
x
x
x

> v{x-1-

> v{x-1-

> vn1-
,"

> xv{1-
<ixv{<
>v
-}>xxvx
4'(74$+5*'&
-}>{vn 8 
"
 8


 nxx
6i
{v{ 6,
n{v{xx 6,
-{v{ 6,
nvn
-nvx 8 6,
-nvn
,ivixvn


x
x
n
x
x
x
{
{
x
x
x
]{x
{
x{
{x
x
x
x

 v  6, 
{{
 vn  6, 
{]{
{ vn  6,
]
x v{  6,
x]n
 v{  6,
]{
n vx  6,/
x {]x
*
 { vx
]{
*
 {x vn
]
/
 
ii
x
{ /
{ 
ii {{
-  -ii`}
{
- -ii`}

- ,

>`i
xx
-1n
>`i 1



>i>
{x
7/x
{{

-nvn
-xxv{xx 6,
xvn
nvn
-xx{x 8
-nxxvxx 86,
-xx{x 8
xvn
xvn
-nxxvxx 86,
xv{xx
 vx -ii
v{ -ii
xv{x
<GKUU<(OOH0+-10
<i<v>*>> "
<i<xv "
-}>v{x "
-}>vn{ "

8*,"
x {{,

{
8*,"{
 {,

x

8*,"  {n,



8*,"{  {

xx8*,"
 n{,

x
xx
8*," x 8*,"7 
xx
8*,"{ { { i>i` x
ivii 
{ 6x x
ivii
>L  6x
(TGG OQPQRQF YKVJ ECTDQP VTKRQFU

``i
{
> $NWG$NCEM x
>V
{

6
,V

{


//{ 

/
/{ 
//{ n
/
/{ x
/
{
/
/{ x
/{
x
/{{
{
-
 >V>L v

)TCPF 5GTKGU %CTDQP (KDTG6TKRQFU

/
{
/{{
xn

/{
{{
/xx
n{
)TCPF 6WTKUOQ 6TCXGN 6TKRQF -KVU
/{ 

/{
>L x
/{ 
{
/{
>L {xn
*GCFU
 n  x    x
 x  {   {

x
x 2TQ  *GCF x 4  *GCF -KV {
x 4  *GCF -KV n
x 2TQ  *GCF
x 2TQ  *GCF
 %  JGCF -KV nx
x 5GG HWNN TCPIG QH $QYGPU UQHVDQZGU UVCPFU CPF

QVJGT
CEEGUUQTKGU
QP QWT YGDUKVG
x
x
n
x
x
x //i>`
]xx{ i>`  ]{
x

x  ,ii // >i



V>

] `
n
]{
]{ (WNN NKUV QH #EEGUUQTKGU CXCKNCDNG QP QWT YGDUKVG
{
*4 CPF 4 5QHVDQZGU WODTGNNCU TGGEVQTU
{
ITKFU CPF MKVU
{

777  *"/",*

"1

*,
- 
1 6/ J 8
1   -
"   *,
- -1 
/ /"
   1* / nx

EVERYTHING you need to get


started in photography, from
understanding the basics to
shooting advice from the pros.

Complete guide to
PHOTOGRAPHY
T H E U LT I MAT E H A N D B O O K TO CA P T U R E YO U R B EST EV E R S H OTS

ONLY*
9.99
ught direct from

*plus P&P if bo

us

1
64
PAGES

LEARN

How to take great shots

SHOOT
Expert capture advice

EDIT

Master photo editing

Buy direct via 020 3148 4138 or download to your tablet

 
    
 $
 
 

  ! 
 ! 
# "
! 
" "
















 















  















To advertise here, call Felix Barlow: 020 3148 2508 Email felix.barlow@timeinc.com
Wanted


Cameras For Sale
 # (
$   
'" % 
  (  '" 
 " " & '" 
 $  "      

      
 

      


! 
  ! &
%#( %
' !

 

!  
   " !$!
 ' $
 
! !


   "    
  

 &     


' # ' " 
! %    
!$ !  $ 

 
   


Camera Fairs

1HZ DQG XVHG SKRWRJUDSKLF VSHFLDOLVW

%8< 6(// 48$/,7<


86(' 3+272*5$3+,&
(48,30(17
  
ZZZWHGGLQJWRQSKRWRJUDSKLFFRP

&$0(5$ )$,5 3277(56 %$5


6XQGD\ -XO\ WK
(OP &RXUW &RPPXQLW\ &HQWUH
0XWWRQ /DQH (1 %3 0 -
FORVH WR 3RWWHUV %DU VWDWLRQ
$GPLVVLRQ (DUO\ELUG DP 
$IWHU DP  5HIUHVKPHQWV
'HWDLOV 3HWHU /HYLQVRQ
7HO   

   

  


      



   

Accessories
Classic Dealer

Accessories

0JC?QC KCLRGML

Cameras For Sale

/= (,%5 4  +4(%  = /

&&
 
 /26 =222222222222222 +.22
 ; < A;4 > 5 /2222222 +- +4., =!'=DD22222222 + 22
 +4., /!'=#D22222222 + 2
 ()).4 =$'/=D  22 +2
  ()).4 =$'!#22 +.
 ()).4 !#8/2! 22222222 +.
 ()).4 6D'<DD 22 +.22
 ()).4 /!'<# 2222 +.
  * 0*>5  <DD22222 + .2
 ()).4 <DD8=2!22222222 + 2
  ()).4 /!'=DD22 +-
 /DD'<DD8$ (%+22 +-2
 (%+ /2$A A22222 + -
 (%+ /6'6D =2!8$2#
2222222222222222222222222222222222222 + 
8 ()).4 !D'=DD++ =2!
  2222222222222222222222 +-"
/#D'#DD (%+   
 2222222222222222222222222222 +2
()., !DD .B .A 2222 + 2
6D'=DD "$    .A  222 +22
/26A   * .,? 4; 4 )=
2222222222222222222222222222222222222 +..
!D'$DD++  ()).4 $2#8#27
 22222222222222222222222222222222 +22
()., < 8 .A  222 + -22

&&
/=D8$ 4. *,4 2222 + .2
%C(, /7'<= 22222222222 +.22
(*+ .* 4 <D#<<=D 2222 + 22
1
+(B 4% .4+; 76
+ 42222222222222222222222222 +
/$D++ 4. 8  222222 +.2
#D++ $2#  222222222222222 +.2
/=D8$ 4. 8 7$#22222222 +.
- /&/ %
A);  /DDD /!8#D
2222222222222222222222222222222222 +"
,.,  / .B22222222 + '2
()., = .B 222222222222 +-22
()., = ; , = (, 4
2222222222222222222222222222222222222 +-.2
,.,  <DD? =!8-D2 + 22
.,( < /268#D 2222 + 22
(,.*; 6DD5(  =!8!D .5(,
2222222222222222222222222222222222222 + .
(,.*; # #D8/26222222222 +2
*B+0>5  =D =!8=2!
>(). 222222222222222222222222222222 +

 4. / /!8"= 2222222222222222 +(22


=6++ "=2! 2222222222222222222 +.
( .>,; 0;.42 + .2

1!/&
 /
<DD++ $2# >(). 222222222 +. 2
/DD'=DD8# >().2222222222222 +(
<#8=2! >(). 2222222222222222222 +
##8<2# 4.222222222222222222 +
6#8/#D "$ >().22222222222222 +(2
=DD8$ >(). 22222222222222222222 +(2
*B > =#222222222222222222222 +.2
(%+ $DD8#'7 222222222222222 +'2

1!/& )- &&


#D'=DD "$ =2!8<2# .A 22 :<-6'/$ "$ >(). .A222222222 :!- , &&
/DD8=2! 4.  .A  +(.2
/6'!#  ..+ 2222222 +..
=!'/<#  ..+ 2222222 +.2
=D'<#8=2! .)(, .A  +.
,0 
# 3 /!8##  .A  22 +-2
#D8/2$    222222222222222 +.(2
/D'/6   2222222222222222 +.'2
/7'#D8=2!222222222222222222222 +22

/ 0 1&, &


' .B .A  22222222222 +-.2
'= @(;& /!'## 22222222222 +(2
 % ,&$  % ! 1/% %#/%,&"
.5;  )(,%  :7 A;4 ' 4( 5 (,*> =D1 2 ** 45 @ *.+ .,'; !2$#+ ;. #2<D0+
 * D/==< <7!D!6 5* 5+0)(,5">;>4 ?(5(.,2.2>)

+0)(,5 >;>4 (5(.,


/= (,%5 4  +4(%  = /

D/==< <7!D!6
5* 5+0)(,5">;>4 ?(5(.,2.2>)

Studios

UFCL PCQNMLBGLE
RM ?BTCPRQ
subscribe 0330 333 4555 I www.amateurphotographer.co.uk I 11 July 2015

89

Photo Critique

Final Analysis
Roger Hicks considers

Poem #91, 2013, by Boris Eldagsen


BORIS ELDAGSEN

oris Eldagsen deliberately


leaves his Poems open to
interpretation. They are all
very different, as you can see if
you visit www.eldagsen.com. They seem
to communicate, but it is not always clear
exactly what they communicate. We dont
all get the same message from a poem, so
why should we all get the same message
from a picture?
Think of Blakes Jerusalem, written
as a savage attack on materialism and
industrialisation. Then, once set to stirring
music, it became a song of hope: Englands
second, unofcial national anthem. By
the same token, what do you (I) get from

Poem #91? Hope? Despair? Peace?


Loneliness? Transience? Timelessness?
What music (or what texture of silence)
do you hear in your head? After we die,
Yama, Lord of Death, is reputed to hold up
his mirror to reect back at us all that we
have done in our lives, good and bad. This
is such a mirror, but for the living.
When we rst discussed using one of his
pictures, and before Id decided which one,
I said to Boris, Either you can tell me all
about the picture, and Ill relay it to the
readers, or I can talk about it without any
input other than the picture. Which would
you prefer? As I expected, he said, The
latter. Its a poem. So, I dont know how he

set the image up. I deliberately didnt ask


when he took it. I dont know if it was
prompted by something he had seen, or
whether he invented the whole scenario. I
dont know if the person in the wheelchair
is actually able-bodied. I dont know what
camera or lens he used. I dont know
what you will take from this picture.
Im not even sure what I take from it.
When we look at a picture like this, how
far are our responses verbal, how far
visual, how far emotional and how far
unclassiable or impossible to analyse?
Can the form of a poem be appropriated
for a photograph? This picture
demonstrates, I think, that it can.

Roger Hicks has been writing about photography since 1981 and has published more than three dozen books on the subject, many in partnership with his wife Frances Schultz (visit his website
at www.rogerandfrances.com). Every week in this column Roger deconstructs a classic or contemporary photograph. Next week he considers an image by Alfred T Palmer
90

11 July 2015 I www.amateurphotographer.co.uk I subscribe 0330 333 4555

5IF MBUFTU OFX QSPEVDUT BOE TQFDJBM PFST


$B
$B

.BLF ZPVS PXO LJU  TBWF ggg T

g
g

#V
#
V
XE
B

5
53"%&*/

g

g
g

g
g

'3&&

'3&&

'3&&

$"4)#"$,

'3&&

$"4)#"$,

(*'54

(*'54

$"4)#"$,

(*'54

g
g

(*'54

g
g

53"%&*/

g
g

53"%&*/

53"%&*/

g

-&/4
$"4)#"$,

#PEZ 0OMZ g 



4BWF g

4BWF g

g 

w &'4NN G 0OMZ g 



g 

1SJDF TIPXO JODMVEFT


g $BTICBDL  g
5SBEFJO

1SJDF TIPXO JODMVEFT g USBEFJO CPOVT 5SBEF JO "/: XPSLJOH DBNFSB GPS B NJOJNVN g

1SJDF TIPXO JODMVEFT


g $BTICBDL  g
5SBEFJO

g
g

5
53"%&*/

%VF +VMZ

'*/"/$&

(*'54

g 

1SJDF TIPXO JODMVEFT


g $BTICBDL  g
5SBEFJO

/&8

 ZFBST



'3&&

4BWF g

g

-&/4
$"4)#"$,

'SPN g 

1SJDF TIPXO JODMVEFT g USBEFJO CPOVT


5SBEF JO "/: XPSLJOH DBNFSB GPS B NJOJNVN g

1MVT DMBJN VQ UP g P TFMFDUFE $BOPO -FOTFT XIFO QVSDIBTJOH


XJUI UIF $BOPO &04 % .L ***

NN NN NN


G- 64.

QFS NPOUI

g

G- ** 64.

QFS NPOUI

g

G- *4 64. **

g


QFS NPOUI

1SFPSEFS OPX g


1SFPSEFS OPX GPS POF PG UIF pSTU BWBJMBCMF TUPDL
JO UIF 6,  EVF FBSMZ +VMZ

g

/&8

5SBEF*O

ZS
Z

8BSSBOUZ
Z

4FF XFC GPS MBUFTU BWBJMBCJMJUZ  g 

*O TUPDL GSPN POMZ g

4FF PVS IBOETPO SFWJFX BU CMPHQBSLDBNFSBTDPN

4FF BMM UIF %.$( ,JUT POMJOF BU QBSLDBNFSBTDPN"1

1SJDF TIPXO JODMVEFT g USBEFJO CPOVT QMFBTF TFF XFC GPS NPSF EFUBJMT

3&'63#

/&8

U
CPV
VT B U
"TL S HSFB SC
PV SFGV
B
4JHNPFST

*O TUPDL GSPN g

$PNJOH 4PPO

*O TUPDL  POMZ g

*O TUPDL GSPN g 

"WBJMBCMF JO /JLPO 4JHNB BOE $BOPO pUT TFF


XFC GPS NPSF EFUBJMT

1SFPSEFS OPX GPS POF PG UIF pSTU BWBJMBCMF 6,


TUPDL  TFF XFC GPS NPSF EFUBJMT

1SFPSEFS OPX GPS POF PG UIF pSTU BWBJMBCMF 6,


TUPDL  TFF XFC GPS NPSF EFUBJMT

"EE B /JLPO .#% #BUUFSZ (SJQ BOE &/&-


#BUUFSZ GPS KVTU g

&DQW VHH ZKDW \RXUH DIWHU" 9LVLW LQ VWRUH RU YLVLW RXU ZHEVLWH
IRU WKRXVDQGV RI SURGXFWV DW FRPSHWLWLYH SULFHV

:PSL 3PBE
#63(&44 )*-3) 55

5FM    

XXX1BSL$BNFSBTDPN"1

 3BUICPOF 1MBDF


-0/%0/
85 +3

"MM QSJDFT JODMVEF 7"5 !  4FF XFCTJUF GPS PVS PQFOJOH UJNFT GPS CPUI PVS -POEPO BOE #VSHFTT )JMM TUPSFT "MM QSPEVDUT BSF 6, TUPDL &0& 1MFBTF NFOUJPO l"NBUFVS 1IPUPHSBQIFSz XIFO PSEFSJOH JUFNT GSPN UIJT BEWFSU

1SJDFT DPSSFDU BU UJNF PG HPJOH UP QSFTT 1SJDFT TVCKFDU UP DIBOHF DIFDL XFCTJUF GPS MBUFTU QSJDFT

F:6 JFE FABB>2F6 ;E 3D;>>;2@F>K


F:AG8:F AGF  36;@8 23>6 FA
;@EF2@F>K E66 ?K E6FF;@8E
?2=6E 2>> F:6 5;776D6@46
<^]Mb DMbY _^acaMWc ZWSRbchZR _V^c^UaM_VRa
<A@2ED2E=B:AFA8D2B:K 4A?

42?6D2 JF >6@E J7 xx 6JBAEGD6   E64 2F 7  ;EA 

;F ?2K 36 E?2>>6D 2@5 >;8:F6D F:2@


2 5E>D 3GF F:6 56E;8@ A7 F:6 @6I
7G<;7;>? JF ;E EA 8AA5 ;FE EF;>>
62EK FA CG;4=>K 2446EE 762FGD6E 2@5
42BFGD6 :;8: CG2>;FK ;?286E

JF 4D62F;H;FK6H6DK52K III7G<;7;>?JF4A?

Вам также может понравиться