Вы находитесь на странице: 1из 32



    !  "# $$%& ')(*"+, 


-.0/21.0/3.546.
78789:/6.
;=<?>.0/A@CBEDF/AGH@2I
9:/AD
JEKMLONQPRTSVUAW XZY[R \)XM]_^%LCU3Xa`bR Y[U3XZcHd$egfQh]AYS0ijXTR Wlk0d$cgR \
d'R Nnm\bcpo3R W'e'caXrU3q X!ste\
Uru$W&bqi d'vAN
w R W'Y[U3\bx3NtR$ygYU3cZz|{&}r`VU3YlY[R W N=Y[UAW~d'cp\F^]AW YU3XZcv|ij\)cpy]3e\0Uu$W i)R~d'va:R
= 78.
[GHHH78.
;;
h=z cp\)cZ$i0R^]AW%exrd'`b]3Xa`)R W_U S0xANm\bcpo3R W'e'caXrU3q XJER c Sjc3N w R W'Y[UA\)xANR$yHY[U3cpz|{
oFcZzpz YU3\)\Q,cp\F^$]3W YU3XZcv|ij\bcZyTz|R c SV$c|:a:R
%br)_%AV0333
E20rr V
,)3~F|3~~0A rA E )t ~0 ~t b$|n$j
,3 3FA r 3b|:r t$ rb~M b)~0Al )$A[b
r b
b V Mb|b| [ |32 3 3 t3 | ~ Ea )  b
3 FA bjQb  ~3 3FA r3 F  O 3l ) FA 3
O 3)V 3 3 FA Z~M!b $O  2 3V A : O :
A r
) ~n $C: 3 bVZ~_%)[$
 lb F5
b |3b~[| ![F3~ =b :%[$ ) A[$ &~)'3 $|$r A$ 3
3 b )VMb[ ~ 3 F 3V AFA
rb3b3$ 3 V [ )3|r bA'V
Z~~~Q
$V 3b ,V A[|$) ~   b)_
0Fj 3 n)' ~
j_ |r| |2F6 r V[|A r
jn AEr 3A,F  C$ A 0 F2 r 3 A|$F 3 r%
[$ rb3V'A r

=+j,V)%
b
n / D D'Qt951.
F9j<@:H.
22GH=9:/A2=@ .
  ;9j;M9j.0/A;=GH;=9j@D /5=.
;E
D2GZj.0D2G ;_&6O 0 9:/5GH;&D2GZD2GZ
98.
;=<2GH75Z9

9:DC b 9:/2_=Z9j.0/A;=GH;=.
Z
/AGHD 78 /7.
;&.0HGH@:.0D2G ;n E E
D .
%/29j@9j;D2Z1t9:9j;C =V ;D .0D
FD2.
;<=.0/A< 6GH75HGH@:GZD2Z .
GH78.0D78.0/2Gg; =D2Gg78GZj.0D2G ;.
;=< 9j;=@9
9:/2
Q <
9j;=9:/A.
HGZj.0D2G ;.01GHHGZD ?@:.
; 1t959 E,9j@DF9j<.
H / GZ <=GH789j;=2G ;=.

<=.0D2. =759:/ =7 <GZ@:.0D2G ;= !1.


2Gg@6 .j
91t9:9j; / F9j< D
.
@ GZ9:
9O_.
FDF9:/@ ;
9:/2
9j;=@9
t7 /29OFD2.01Z91t9 .jEG /j /1t9:DFDF9:/.
<=.0D2.0D2G ;
.
@:@ /A<GH; D =D2Gg7C=7 -.V
9j2GH.
;<9j@:GH2G ; /89 .
75Z9 n4 b 9:
9:/V
789 </A. 1.
@AIQ 86 .
;=<*).0/AGg.
;&D2=/  GH1GZD D .
@ GZ9:
9 =D2GH7 =7
/29jA=ZD2 & 2 9n @:.0D2G ; E=/ D D t9j% ;=<1Q&6 <9:t9j;=< ;OD 9lGH;=Gp
D2GH.
gGZj.0D2G ; 9.
Z /AGHD 7 D 9:/29:1Q
9:D29j.
2GHZ FD2=@2I GH; @:.
=D2GH78. /









 







3rA



z i ,R W MdU:R YcHd!tibuz cpe_`)R W e$5tW ca\)XTR~ca\Xa`)RKR Xa`)R W$zUA\


3e$




 "!#%$'&(")+*-,"./"01/,"00"2+*4352%67,"8+*:9$;3

<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

7 = ZD2Gp'7 <=.
<.0D2.<=GH2DF/AGZ1D2G ;= Q F!&6 @/3=@:GH.
HZ <9:t9j;=<= ;D 96@
F9j; 789:DF/AGH@0=@ 787 ;ZD 9 =@:HGH<GH.
;789:DF/AGH@ =469j;=@96+gGZI
9jZ_.
GHHl /
9:DF9:/
9j;9 =<.0D2. GZD <=G 9:/29j;D/29jZ9:0.
;=@9j D 98Gg;D<=GH759j;2G ;=
F&6 0 9:/A.
;GH;D2=GZD2GZ
9 9j/AGH2D2GH@ ;=;<9:/AZEGH;8@ FD_=;=@D2G ; .

=/ 29j<O9
GH; EGg GH ZGH;=@ ;D2GH;Q =M.
;<C@:.
=29jGH;=FD2.01H91t9 .jEG /
!6#Gg;@:.
F9
9:/Ag.0=GH;8@:g.
2F9j
BE9:
9:/A.
.
ZDF9:/3;=.0D2GZ
9j .j
9 1t9:9j; GH;DF/ <==@9j< D D2.0I
9 D 9jF9?=/ 1Z9j78
GH;D .
@:@ =;D
2 ; /A<9:/D .j Gg<D 9O/ 1Z9j7 @:.
=D2GH7. 6   ;9j;
=/ 29jD @ 7C1GH;9&6 GZD ;9jGZ 1 /  <@  t9:/A.0D2G ;MG 9 D GH;=Gp
D2GH.
gGZ:96 GZD =/ D D'Q,9jn ;=<51Q D 9BQ9jZT /2.
;=GHjGH;O>?.0 B >3
/ D <=GZ/29j@D2H @ 7C1GH;=9 &6 GZD B > DF/3.
GH;=GH;
GH .0==/ .
@
.0/AD2GH.
HZ Z
9jCD 9=/ 1Z9j7 [ @:.
=D2Gg78. %4 V 9:
9:/jnB > GH1.
F9j<
;8.O Q9j<;9j/ ;D
GH@ 8 .
D =DD 9GH;DF9:/A;=.
D
tD 9
<=.0D2. / AGH75HGg@:GZD'
DF9j; . D  '<=Gg759j;=2G ;.
H.0DFD2GH@9?Gg8@ 29j; Gg@
22GH1Z< 9j; D78.0D2@ D 9_;IQ; V ;<=.0D2. D
=>9:D <= Gg@
GH<=9j;&D2GZ5.
;=< /29:.
GZ/lD GH@:.
t<9:9j@D2[.0/29@ FD2Z  E
; .
<<=GZD2G ;
. 2GH7 =ZD2.
;9 <=.0DF9 .
H;=9j/ ;=CGH; . ;9jGZ 1 / Q < =/ EGH<9j<1
B O> .
@:@ /A<=GH; D 6*@:.
=F9j[. FDF/29j;=
D 9j;=GH; MGH; 9:/29j;&DGH;=2D2.01GHHGZD2GH9j
M&6  ;9j; .
<EGHF9jD =F966$B O> ;=Z GZD A78.
H,;9jGZ
1 / Q < 2GZ:9?.0DF9:/ Gg;=GZD2GH.
[=;2t9:/2EGHF9j< B > DF/A.
GH;GH;D .V GH< D 9jF9
9 9j@D2.
.0/.
22GZ1H9
ZDF9:/A;.0D2GZ
9j /M.j GH<GH; @:.
=D2GH7.[.0/29 0 9:/A9j<O1QGZDF9:/3.0D2GZ
9n2@ 9j759j
GH@ <E;=.
78GH@:.
gZ.
<=.0=D5D 9;=7C1t9:/ 6/ D D'Qt9j8.
;=< D 9jGH/5 1.

2GZD2G ;82=@ .
lD 96
/29:9j<2@ 9j759=/ F9j<GH; /[@ =;DF9:/Al /lD 9
D2GgHGZj.0D2G ; =/ D D t9j .
/ F9j< GH;
9:/A9:1
D 9;Q=71t9:/
=/ D D'Q,9jlGHn
9j;9:/A.
HZ5; D E9j<.C=/AG /AG $.@ 2D_=;=@D2G ;GHn.V).
GHg.01Z9

DF/A.
Gg;=GH;@:.
;51t9[@ 71Gg;9j< GZD  1.
759:D <=HGZI
9[2GH7 =H.0DF9j<.
;=;=9j.
HGH;
.
?=/ F9j< GH; 
GH =/ @9j<=/A9 GH=2.
HZ Q=GZDF9 @ 2D2Z .
;=<
.
;=;=9j.
HGH;57 =FD[1t9O@:.0/29:_=HZ @ ;&DF/ gZ9j<.0D GH;D2 % .
F9DF/A.
;=AGZD2G ;=


-R

 H

 S

 T

UV



 W

X 

5Y

%Y

Y



%Y

T

+ [Z

]\

+

^V_ +

%Y



%Y

%Y

VV

U+\

T

]\V

`U

ba

 "!#%$'&(")+*-,"./"01/,"00"2+*4352%67,"8+*:9$7,

F"cdNe

9 H b D 9.0==/ .
@ =/ F9j<18  ;9j; .
;=<=/29jF9j;Dl. @ 7C1Gp
;=.0D2G ; t6 GZD ;9jGZ 1 /  <@ Q t9:/A.0D2G ; GH@ GH1.
F9j< ;5;=9j/A.

.
O /D
/A9:=/29jF9j;D2GH;;9:D l /2IE:6/A9jFt9j@D2GZ
9jZ E
BEGg;=@9O;9j/A.
M.
=F9j.<=.0D2. .
<=.0=DF9j<D

D 9 .0==/ .
@ < 9j; D
2 9:// 7 2AGZ1Z9D GH@:.
78Gg278.0D2@ 9j ; /.0=/ .
@
.
;=<
&6 <=.0DF9j.0/29@ 7C1GH;=9j< /29jA=ZD2GH; Gg; FD2.01H9.
;=< / 1=FD1t9 .jEG /
9H9j.0/A;=GH; /A=H9@:.
; 1t9GH;DF9:/2=/29:DF9j< .
=D2GH78GZj.0D2G ; ;9O2Gg;Z9@ FD
_=;=@D2G ;
FBQ9:
9:/A.

9j;9:/A.
gGZj.0D2G ;= H9j.0/A;=GH;2@ 9j789j /AGZGH;=.
gZ 1.
F9j< ;
D 9 =@:HGH<GH.
; 789:DF/AGH@ .V
9?1t9:9j; =/ F9j<
0.0/AGZ9:D' =;=2=,9:/AQGH29j<
@:HFDF9:/AGH; .
Z /AGHD 78 /D 9 EGH2=.
HGHj.0D2G ; .
;=< Q=.
;&D2GHj.0D2G ; <=.0D2.
9 GHFD2 6 GH@ .
g GH;=@ /2 /A.0DF98.
<.0=D2GZ
98759:DF/AGg@: 9 EDF9j;=2G ;= [@:H.
A2GH@:.

I'759j.
;=2=@ .
6D 9.
H /AGZD 78 FD2.0 ; .
;< O9j2F9j / .0D .
;=<
9:0.E@:H=2DF9:/AGH;=2GH;= 7 /A9 @ 78Z9 @:g=FDF9:/8 .0t9j2=@ .
=::&I
0.0/AGZ9:D2GZ9j / =::&I' 9jH.
;=<GH;=@ /2 /A.0D2G ; .
GHHGg.0/2 GH; /A78.0D2G ;
GH;D D 9 759:DF/3GH@=29j<?1Q D 9F9jZT /2.
;=GZjGH;=78.0.
6/ F9j<1Q?O.
FIEG
.
;=<78.
; D 9:/ E Q E E Q
6==/ .
@ 9j GH@ 9 Q=GZ 2t9:/F
EGHF9j< 6 GHD .
; .
<=.0D2GZ
95<=GH.0 ;=.
!759:DF/AGg@ .j
98.
H 1t9:9j; =/ F9j<
Q E l!.0/2D2GH@:=H.0/3Z
D 9
/A.
<=GZ9j;D<E;=.
78Gg@:5=/ F9j< GH; .

=/
9j; D 1,92@:@9j2F_=GH; 0.0/AG =[.0HGH@:.0D2G ; .0/A9j.
2=@ .
[/ @9jA2GH;
!2.0DF9jHHGHDF9OGH78.0
9j /6D2GH759OF9:/AGH9j[=/29j<=Gg@D2G ;

9 GHg
9j;9:/A.
HGH:96D GgnH.
FDl.0==/ .
@ D .0/21GZDF/A.0/25<=G 9:/29j;D2GH.01Z962GH7
GHg.0/AGZD' 759j.
A/29j 9:/29:1Q
t.0/A.
759:DF9:/3A=@ .
/29jZ9:0.
;=@9.
@D /3 D 9
759:DF/3GH@@:.
; 1t9n.
D 78.0D2GH@:.
gZO.
<=.0=DF9j< .
@:@ /A<=GH;=D D 9GZ
9j; <=.0D2. D GHH
1t9 b ; GH; 9 E,9:/3GH759j;D2D .0D.
ZDF9:/A;=.0D2GH
9j[D D 9 9jGZ DF9j< n@:HGH<=GH.
;
759:DF/3GH@ .j
91,9j;=9:@:GH.
t9 9j@D2 /6; ;E .
=22GH.
; <.0D2.8<=GHFDF/3GZ1D2G ;
FB 759.0=/ .
@ 9j <9:
9j @ FDC=;@D2G ;= /C0.0/AGH.
;D2 &6
; [.7 /29 2D2.01Z9
9=/3FD=/ A.
H@:.
; 1t9 ;=< Gg;+ =
Z9j.0/3;=GH;[.
Z /AGHD 7 1.
F9j< ;D GH9:/A/ / /A7CH.0D2G ;j '@:.
gZ9j<
9j;9:/A.
gGZ:9j<
f

7hg

i

 %

hUj ]k

>lg

nR

 AS

oa







Wg

pg



+

U

r

`\i

qi

P\U

A\r

qr

q mS

a

WU

]\i

V%\

%V_U

+ 



sR

5g

 H

V

uUV s

UV

 A ~  $ 3 j  b)$% 3 30 r 3 ,
t  [$ V: 3A6~ $tO 3  _F b

)|3& $ A )!F  j 3[
v-w

 "!#%$'&(")+*-,"./"01/,"00"2+*4352%67,"8+*:9$8

<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

&6 6O3@:.
; .
H 1t9 ;=< .
@DOGH;&
9j2D2GZ.0D2G ; n9 Q=GHHGH1=/AGH. /
Ft9j@:GZ@C2GHD2=.0D2G ;=.
/29jF9j;DF9j< GH; n =V D .0D 6 EGZ9jH<6/ 1=FD
1t9 .VQG / 6 9:/29j.
/AGZGg;=.
[6 < 9j5; D
=/A9j@:GHF9 <9:/AGZ0.0D2GZ
9 D 9

/A.
<GZ9j;&D /A7 =H.
.
9jH.
.
9j;9:/A.
HGHj.0D2G ; D GH;@ /2 /A.0DF95/29jZ9:0.
;=@9
DF9:/A7 .
[1t9:9j; =/A9jF9j;&DF9j<?GH;
E@ =/AF9
VFD2.
;<=.0/A<;=2t9:/2EGHF9j<
9j@D / .
;&D2GZj.0D2G ;GZD2F9jH 2F9jAF9j
.@ FD[_=;=@D2G ;D 9 Q=.
;D2GZj.0D2G ; 9:/2/ /j GH@ Q IE
9:/22Gg78GHH.0/lD D 9
@ FDC;=@D2G ; =;<9:/AZEGH; 1.
2Gg@86 .
;=< 0.0/AGH.
;D2 E > /29 @ 7
H9 =;=2t9:/2EGHF9j<.
Z /AGZD 7 GH@ GH;=@:g=<9;9jGH 1 / Q <@ Q ,9:/3.0D2G ;
.
H TDF9j; 1,9: . DF9j;D2GH.
<E;=.
78GH@ 2@ .
. 7 <=GZ@:.0D2G ; B O>
.
=/ F9j< GH; %;9j=/A.
!.
 /C2D @ .
FD2GH@.
ZDF9:/A;=.0D2GZ
9jCD 9:/29
=
9:/A9: /29
EGZDGHl; D[2/2=/3GH2GH;D .0DD 9j29@ 2Dl_=;=@D2G ;=@:.
; 1t9
DF/A.
;FT9:/A/29j<D Z9j.0/A;=Gg;5
9j@D / .
;&D2GZj.0D2G ;.
6=/ F9j<?/29j@9j;&D2H /.
D'@ 75t9:D2GZD2G ;).0/AGg.
;&D 6
9 GHHQ H V D 9.0==/ .
@ GH; = 1t9j@:.
=F9GHD<9j2@/AGZ1t9j!D 96FD2.
;E
<=.0/3<@/AGH2.
22GZ;759j;&D2 =6 .
;=< 78.0I
9j!.
;CGg;&D2=GHD2GZ
9nGH;DF9:
/A.0D2G ; D 9
@ FDDF9:/A7
.
9jg.

9j;9:/A.
AGH78GHH.0/3GZD'759j.
A/29j 22GH1Z9 GH
_=;=@D2G ;
9:/28/ 1=FD:E.
 GH;DF9j< =DlGH; E.
;=< GZDlGg75HGH@:GHD2Z =D2Gg78GZ:9j
D 9l78.0/2GH;VD =MGHQGH;=  <C
9j;9:/A.
HGZj.0D2G ; 6 9 GgH
9 EH.
GH;CH.0DF9:/j
D Gg[@ FD_=;=@D2G ;?@:.
;1t9O@ 71GH;9j< GHD 9:
9:/2 <=G 9:/29j;D2GH.01Z9O2Gg78GHH.0/AGHD'
759j.
A/29.
;<C@:.
; 1t9=29j<CGH;C. 9 EGZ1Z9n78.
;=;=9:/ /Ft9j@:GZ@n@ = GH@9j =D 9
2Gg78GHH.0/AGHD'759j.
2/29D 9.
Z /AGHD 7 @:.
; 1t9GH;&DF9:/A=/29:DF9j< .
lI
9:/A;9jHGZj.0D2G ;
&6 9j; D 9 /29:D2Gg@:.
M=.0/3.
;&DF9:9j ;D 9
9j;9:/A.
gGZj.0D2G ;?.01GHHGZD / 7
FD2.
;<=.0/A<6 DF/A.
;=2T9:/D D 9jF9 @:.
F9j? !n/29jHGH7GH;=.0/2 /29j2=HD2 /5D 9
9jGZ DF9j< =@:HGH<=Gg.
;789:DF/AGH@ .V
91t9:9j; /29: /2DF9j< GH;* GH@ <=9j7 ;E
FDF/3.0DF9 D 9 / 1=FD2;9jA 6D 9 759:D <9:
9j; / GZ Z 7 =ZD2GH7 <=.
l.
;=<
9:DF9:/
9j;9 =<.0D2.
9 GgH; b /AFDGg;&DF/ <==@9 6 &6 [.
;=<
9 GHHD 9j;
<9jA@/AGZ1t9D 9jGH/OGH;&DF9:
/3.0D2G ; GH;D ;95@ FDO_=;=@D2G ; /
9j;9:/A.
2Gg78GHH.0/AGHD'
759j.
A/29j
9<9:/3GZ
9 /A7CH.
/ 759 Ft9j@:GZ@ 2GH78GgH.0/AGZD 759j.
2=/29j
g

 NRA

a

Ur

xg

 [S

]\i

Aa

-a

]\

y



%Y

+\

]\V

i

T

-a

U

]\i

_UV

slg

UV

 S

:z






Z



bR

]\{

ug

bhgt sf

 f

 "!#%$'&(")+*-,"./"01/,"00"2+*4352%67,"8+*:9$'2

F"cdNe

GH@ .0/2961t9j;9:@:GH.
=GH;=/A.
@D2GH@9 !GH;=.
HZ
9<9j7 ;=2DF/A.0DF9D 96@:.0.01GHHGZD
D 9.
Z /3GZD 7 GH; F9:
9:/3.
9 E,9:/3GH759j;D2
 +Z



)_

~}W

Q
V ,b b, % EM

q



q

W

22=789GZ
9j;+GH;=D2

GZD @:H.
2H.01t9jH
<9j; D2GH; D 98;=GZDF98F9:D  22GH1Z95H.01t9jH =/ D D t91.
F9j< @:H.
2AGZ=9:/
GH@ .0/A.
@DF9:/3GZ:9j< 1 @ <9:1  I
9j@D /A5=/ D D'Q,9j /;9j/ ;=r
GZD
@:H.
A%H.01t9jH
9j; DF91Q
D 9@:H.
2 .
H&=/ D D t9j!.
;=<
1Q
D 9 @:H.
2 !=/ D D t9j.
22GZ;=9j< D @:H.
A
g.
22GZ@:.0D2G ; GH8/A9j.
HGZ:9j< 1 D 9 GH;=;=9:/FD2.0I
9j'.
H/A=Z9
nG 9 l. FD2GH7 =H=

9j@D /
GH[78.0,9j< D D 9@:H.
2 D 9O@: F9jFD/ D D'Qt9
S

n"

P

 S

[4

W

4

2=@ D .0D 

["

VGH[78GH;GH7C7

V
O<9j; DF9j6D C
9 =.0/A9j< n@:HGH<=GH.
; 789:DF/AGH@ /
9:/29 
D 9 7 759j;D 9 ;9j/ ; 8GH@:.
HH9j< gG ;=;9:/ /1t9jFD78.0D2@ GH;=;=GZD
9 GH;=D[F.
@9
9A1F9:D !D O
p

VGg[78GH;=GH7 =7

P 4

GH[@:.
gZ9j< /29j@9:=D2GH
9O=9jH< !;9j/ ;
&6 .
GH7O.0DC78Gg;=GH78GZjGg;D 9@:H.
22GZ@:.0D2G ; 9:/2/ /VMG 9 D 9 <=G 9:/29j;=@9
.
;=< D 9=;=G ; D 9 /29j@9:D2GZ
9
<=.0D2. H.01t9jZ9j< GZD )
=9jg<= / D D'Qt9j8H.01t9jZ9j< GZD )
/D GH/A 29
!&6
.
CGH;&DF/ <=@9j<1  ;=9j; Q /29j@:/A2GH
9jZ .
<.0=D2OD 9 GH;=;9:/

GZ
9j;?2GZ;=.
1

GZ

j D 9:/ GHF9
VGH6D 95Z9j.0/A;=GH;=8/A.0DF9 69 EH.
Gg;9j<?GH; tD GH<=.0DF9
9:/29
@:.
; 1t9OGH;DF9:/2=/A9:DF9j<.
FD @ .
2D2GH@
/A.
<=GH9j;&D<=9j2@9j;&D ; D 9@ FD=;@D2G ;

X 

"b{



LN



7j

 S



UV

2D

H M>

M>

^x

 "!#%$'&(")+*-,"./"01/,"00"2+*4352%67,"8+*:9$7

<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

<9j; DF9jD 98 .0/29j< n=@:gGH<=GH.


; <=GHFD2.
;@9 D D 98@:
9:/29:1
9jFD=/ D D'Qt9H.01t9jZ9j< GHD .
;<
<=9j; DF9jOD 9 .0/29j< n@:HGH<=GH.
;
<=GgFD2.
;=@9D D 96@: F9jFDn/ D D'Qt9H.01t9jZ9j< GZD .CH.01t9j=<=G 9:/29j;Dn/ 7
/FD2.
;=<=.0/3< 6 =D 9=;@D2G ; GH

Ha

"

Ha

"N

M>

GZ
D 9:/ GHF9

"

1QEG =2Z
MD GH@ 2D _=;=@D2G ;GH GZ H<GH2@ ;D2GH; =O.
;=< GH;=2D2.01GHHGZD2GH9j
.0/AGgF9 /
9:/AH.0GH;5<=.0D2.8<GHFDF/AGZ1D2G ;=
9@ FD_=;=@D2G ; &6 .
!9 QH.
GH;9j<9 0Gg; =@:.
; 1t9 1D2.
GH;9j<
1Q8F9:DFD2GH;GH;D 9.01
92=7 D 96DF9:/A7

9:/29:1 *EGZ9jH<D 9OGH<9j;D2GZD' GZD Gg;. GH;=< b Gg; GH@ .


<=.0=D2.0D2G ;
&6 OD2.0I
9j6H.
@9
,.
;=< #).
;GH 9j =D22GH<9 ,BED2GHH,D GH@ GH@9C=/ <==@9j
.
; GH;FD2.01Z9 <E;=.
78GH@0!G 9 !=/ D D t9j8<=GH
9:/2
9 <=9 D D 9 _.
@D5D .0D5/29
t9jHHGg; /3@9jT/ 7D 9DF9:/A7
78GH Dl1t9H.0/A
9:/lD .
; .0DFDF/3.
@D2GH;5 /A@9j
/ 7 D 9DF9:/A7
M =/29:
9j;DD GH1t9 .VQG /n.
n_.0/n.
n A2GZ1Z9
0D 9 GH;E
< b
GZD GH; 6 GH@ .
<=.0D2.0D2G ; D2.0I
9jg.
@97 =FD1t95@ 29j; @:.0/29:_=HZ
&6 O9 EHGH@:GHDF9jZ D2GH78GZ:9j[D 9DF9:/A7
@:@ /A<=GH;=8D D 9
/29jg.0DF9j<CDF9:/37
r QGH9jH<=%D 9 Q D 9j2GH!78.0/2Gg;
D 9@:g.
22GZ=9:/ 9j;9:/A.
HGZj.0D2G ;51 =;=<=!GH;DF9:/A7 D GH Q D 9j2GH7.0/2GH;
.V
9[1t9:9j; <=9:/AGZ
9j<5GH; 469j;=@96 [@:.
;81,9F9:9j;8.
.@:g.
22GZ=9:/ Gg@
.
GH7.0D FDF/A=@D2=/A.
/AGgFI 78GH;=GH7GZj.0D2G ; <==/AGH; DF/A.
Gg;=GH;n@ 78.0/A.01Z9D
BQ>
B.0D .
;=< n.
78.
<=. =/ F9.
; .
ZDF9:/3;=.0D2GZ
9
GH@ FD2GgHGH;& H
9j5D 9
 D 9jAGH[78.0/2GH;=1D.
g .
<=<=GHD2G ;=.
2@:.
HGg;8_.
@D /A /6.V GH<=GH;=8D 9
=/ D D'Q,9O<GZ
9:/2
9j;=@9.
6<=GH2@:2F9j< GH; 469:/29
Y

h^ \



 T

MN

" k



"

"

h^ \

X 

h^ \



"



L

{ g



h^ \

Ur

M>
e

"

F<

"

9:/29:1O2< t 9 Q% tF <9j; DF9jD 9 GHFD2GH@n;=@D2G ; .0IEGH;


D 9O<=9:/AGZ0.0D2GZ
9QGH9jH<=D 9O<=.0DF9j


@\



k

F<

%





 "!#%$'&(")+*-,"./"01/,"00"2+*4352%67,"8+*:9$.

F"cdNe

.
;=<

F<

%


.
;=<
V[.0/29D 9OH9j.0/A;=GH;/A.0DF9jj=D O
9 GH2D2GH@=;@D2G ; GH
9:/29
9:0.
H=.0DF9j<.0D AGZD2G ; n
E
3 =.
;=<

7j

"

"

"

.
;=<

"

< 9j; DF9D 9O<9:/AGZ0.0D2GZ


9j

GHD /A9jFt9j@DlD
.
;<

/29j2,9j@D2GH
9jZ
/29: /2DF9j< Gg;+ lD GH7 <=GZ@:.0D2G ;@:.
HZ9j<
9j;9:/A.
HGH:9j<H9j.0/A;=GH;

9j@D / .
;&D2GZj.0D2G ; &6O3% V C2t9:/AG /t9:/2 /A78.
;@98D &6
4 V 9:
9:/j1,9jGg; . FD @ .
2D2GH@
/A.
<GZ9j;&D<9j2@9j;D ; . DF9j;D2GH.
HH7 =p
D2GH7 <=.
=;@D2G ;D 9.
Z /AGHD 7 <9:t9j;=< ; D 9GH;GZD2GH.
HGZj.0D2G ; OD 9
=/ D D'Q,9j.
;=<
9:D29j.
AGHZ FD2=@2I GH; @:.
D2GH78.
;=2=,9:/AQGH29j< ;=9j/A.
Q=.
;D2GZj.0D2G ;A@ 9j759j 0 9:/C.
;Gg;&D2=GHD2GZ
95 22Gp
1GgHGZD'D F=/29j.
<=;=H.01t9jZ9j< =/ D D t9j
_.
GZD _=HH.
7 ;.OGZ
9j;
<=.0D2.<=GgFDF/AGZ1=D2G ; 69jGZ 1 /  < @  t9:/A.0D2G ;9j;2/29jD .0DGH;=GHD2GH.
HGZj.0D2G ;
[=/ D D'Q,9jGH 7 =@ Z9j2 @/AGZD2Gg@:.
 /.
@ GZ9:EGH; 1.
=D2GH78.EGZ[D 9
<9:
/A9:9 C;9jGZ 1 / Q <@ Q ,9:/3.0D2GZQGHD' Gg 2@:.
Z9j< .0==/ =/AGH.0DF9jZ </AGH;
DF/A.
Gg;=GH; ; /2D2=;=.0DF9jH
 /D 96 =g.0/F9jZT /2.
;=GHjGH;78.0 . @ FD
_=;=@D2G ;@:.
; ;=H 1t98 =;=< / D 9<=Gg2@/29:DF9@:.
29 / 7 <GZ=9j<
9:/AAG ;=
E

;.
<=<=GHD2G ;bB >GHM/29jFDF/AGg@DF9j<OD . E9j<H.0DFD2Gg@9FDF/A@D2/29 /
D 9/A 29 9j.
FQGHA=.
HGZj.0D2G ;.
;=<D 9:/29: /296D Gg@:.
,7GH278.0D2@ 9j
78GH D @:@:=/[
@ ;&
9j;GZ9j;&D.
HDF9:/A;=.0D2GZ
9[GH 0 9:/29j<1C;9j/A.
Q.
O
6 GH@ D2GH78GZ:9j[D 9O@ FD_=;=@D2G ;
e

MN

"

"

UV

h^ \

Pa

 {

T _

]\

+\



UU 

%Y

T

V_ S

7hg

i

FD

dNe

9:/29

'


+

LP

9 Q


LP

P 4

pT

 "!#%$'&(")+*-,"./"01/,"00"2+*4352%67,"8+*:9$

<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

<9j; DF9j[D 9<9:


/A9:9 ;9jGZ 1 /  < @  t9:/A.0D2GHQGZD

QGZ9jg<=D 9
;Q=7C1,9:/ =/ D D t9j ? / GH@ 
 ,
VOGg0.
HGH<G 9
D 9/A.
;=I b.
;=<
GH.; /A78.
gGZj.0D2G ; @ ;=FD2.
;D<9:t9j;=<=GH;= ;
D 9;9jGZ 1 / Q <?/A.
;
9 .
;=<@:.0/A<=GH;.
HGZD'

9 H9j.0/A;=GH;/A=Z9
GHGH
9j; 1

q4

'

P x

P 4

X 

6GgD 9Z9j.0/A;=Gg;/A.0DF9 GH%Z9j.0/A;=Gg;/A=H9n@:.


; 1,9lGH;DF9:/2=/29:DF9j< .

9:/29
FD @ .
FD2GH@C
/A.
<=GZ9j;D ;D 9.01
9 @ 2D_=;=@D2G ;
V 6
9:/2/ 1=FD
1t9 .VQG /.
;=<.
<=.0D2.
D 78.0D2GH@:.
HH?D D 9GZ
9j; <=.0D2. D
<=9 D
D 95GH;@ /2 /A.0D2G ; nD 9/29jFt9j@D2GZ
9/A.
;=I nD 9 / D D'Qt9j:G 9 . <=.0D2.
=D2Gg7C=7 ;=9jGZ 1 / = < .
@D /
j

 hg

X 

 M Q EM

P



W%

FD 9D .0D 6 < 9j ;=H .


<=.0DD 9@: F9jFDC@ /A/29j@D .
;< / ;?=/
D D t9 49j;@9 / D D'Qt9jGH;=GZD2GH.
gGZ:9j< D22Gg<9D 9<=.0D2. <=GH2DF/AGZ1D2G ; GHH
=/ 1.01Z; D1t9j@ 759 .
<=.0=DF9j<.0D.
H BEGH78GHg.0/AZ
!=/ D D t9j .0/29 DF9j;
; D@:.0.01H9 /29j.
@ Gg; .
; .0=/ =/AGg.0DF9C@:H=2DF9:/@9j;DF9:/O<=9 D /29:t9jHHGH;=
/A@9j T/ 7 <.0D2. <=G 9:/29j;DC@:H.
229j $; 2t9:/2EGHF9j<;9j/A.
.
B O
GH@ GgH1t9O<9:;9j< 1t9j V D 9GH<9j. ;9jGZ 1 / Q < @ Q t9:/A.0D2GZEGZD' GH
GH;DF9:
/A.0DF9j<GH;&D 6#D .j GH< D 9<9:t9j;=<9j;=@ ; D 9Gg;=GZD2GH.
HGHj.0D2G ;
&6 GZ
9j; .DF/A.
GH;=GH;=? GH;D: =/ D D t9j D 9 /A9jFt9j@D2GZ
9 @:g.
2
.0/29.
<=.0=DF9j< D V .0/A<=lD 9<=.0D2. GH;&D.
@:@ /A<=GH;CD D 9jGZ//3.
;I8HGZI
9Gg;
9 @:.
; /A7 =H.0DF9D 9 1 F9j@D2GZ
9 CB
GZD Gg; ;9@ FD;=@D2G ;
.
;=< &6
GH@ @ 7C1GH;9jD 9O<E;=.
78GH@:






 y

+hg

t Pg

W

hgt

+lg

Ahg

FdNe

^

9:/29:1

FdNe

"

LP

M>

t

'

7_

F"d>e

"

F<

"

n


"

 "!#%$'&(")+*-,"./"01/,"00"2+*4352%67,"8+*:9$1

F"cdNe

.
;=< <=9j; DF9jnD 9 Q=.0/29j< n=@:gGH<=GH.
;8<GHFD2.
;=@9 D
 <=9j; DF9j
D 9@:.0/A<=Gg;=.
HGZD nD 9F9:D =/ D D'Q,9jg.01,9jH9j<?1Q t,G 9

<9j; DF9jnD 9@: F9jFD=/ D D t9; DGH;

6
4
:
9
2
/
6
9

.
H

/
D

D


j
9

.Ft9


@:GZ@n@:H.
2.0/A9l.
<=.0DF9j<D V .0/A<=!D 9GZ
9j;<=.0D2. GH;D:b=/A9:
9j;&D2GH;=;9j=/ ;=
/ 71t9jGH;CGg<=Z9 /[/A9:,9jgZ9j</ 7D 9jGZ/[@:H.
A 9 6'<=Q;=.
7GH@:.
GH78.0D
F/29j.
<=GH;.
H==/ D D'Qt9j GZD .OFt9j@:GZ@[@:H.
2ng.01,9j=.
GZD =gZ.
7 ;CD 9
/29j2,9j@D2GH
9?<=.0D2. 9?2GH7 =ZD2.
;9  6 <E;=.
78GH@:578.0I
9j 2/A9 D .0D
D 29@:H.
2n1 /3<9:/A.0/296 ;=< Gg@ EGZ9jH<5.  <@:H.
A2GZ@:.0D2G ; $;.
<=<=Gp
D2G ;&D 9@ FD_=;=@D2G ; GH;=@:H<9jDF9:/A7/A9jH.0DF9j< D D 9  D 9jAGH7.0/2GH;
2=FDOHGHI
9 6 .
;=< /AGZGH;=.
n6
DF9 D .0D0.
;=GH GH; ;9jGZ 1 / Q <
@ Q t9:/A.0D2GZEGZD'
8QGZ9jg<=D 9 /AGZGg;=.
@ FD_=;=@D2G ; &6
9<=.0DF9 /A7 =H.
l /D 9=/ D D t9j@:.
;1,9 1=D2.
Gg;9j< D2.0IQGg;5D 9
<9:/3GZ).0D2GH
9 /9j.
@ ,.
Ht=/ D D t9j
 .0/29C.
<=.0=DF9j< 1Q
F<


.
;=< D 9@: F9jFD / ;5=/ D D'Q,9CGH[.
<=.0=DF9j<?1
F<




Ha

"

X 

llg

m 

t q

 %Z

"

LP

'

LP

'

.
;=<
V[.0/29OH9j.0/A;=GH;/A.0DF9j.
;=< D 9O GgFD2GH@;=@D2G ;
9:/29:1
GH9:0.
H=.0DF9j<.0D 2GZD2G ;

7j

9DF9:/378

"



.0/29.0.
Gg; 1=D2.
GH;9j<?.
<9:/AGH).0D2GZ
9

F"d>e

.
;=<

"

"


9O<9:/AGZ0.0D2G ; !D 9jF9O /A7 =H.
[@:.
;?1,9 =;=< Gg; D 9O.0=t9j;=<=G /6D 9

9j;9:/3.
@:.
F9 .
;=;<9:/AZEGH;Q 22GZ1H8@ ;&D2GH;Q =<=.0D2.8<=GH2DF/AGZ1D2G ;
DF9D .0DD 9 /AGZGH;.
<=.0DF9j &6+.0/29/29j@
9:/A9j< GZ
/
2GZD2GH
9O;9jGZ 1 /  <@ Q t9:/A.0D2G ;.
gM@ /2/29j@D=/ D D t9j.0/29C.
<.0=DF9j<

"

g

j+ +Z



 "!#%$'&(")+*-,"./"01/,"00"2+*4352%67,"8+*:9$

\j

<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

.
@:@ /A<GH; D . GZ
9j; <=.0D2. GH;DC2@ D .0D5.
H ;9j/ ; D2AGH<9 D 9jGZ/
@:H.
A 1,9j@ 789.
@D2GZ
9 n
9j;&D2=.
gZ
;9j/ ; 1,9j@ 789 F=/29j.
< .
7 ;= D 9
<=.0D2.8 Gg;&D2 !D 9jGZ//29jFt9j@D2GZ
9@:H.
A ,BEGH;@9.
g=/ D D t9j .j
9D 9:/29:1
. /29:t9jHgGH;_=;=@D2G ; ; D 98@: F9jFDOGg;=@ /2/29j@D=/ D D'Q,9
GHDOGH.
<QGg2.01Z9
D @ Q F9
6 9 GHHF9:9GH; D 9
;9 78.0;=GZD2<9?278.
gZ9:/D .
;
9 Et9:/AGH759j;D2:.
H GH Z 7C=HD2GH7 <=.
M@:H.
A2GZ@:.0D2G ;?D2.
FIE@:.
; 1t9C Z
9j<
GHD D GH[7 <=GZ@:.0D2G ; &6
 :R

WS



Ag

V =0g 

E Q

q

W

7

V%

^%



B
GgO7C@ H9j2. 9j@DF9j<1 GH;=GHD2GH.
HGZj.0D2G ; [=/ D D'Q,9jj b 9:
9:/jGZD
F D2GgHM@/A@:GH.
HZ<9:t9j;=< ;D 9 n@:HGH<=GH.
;759:DF/AGH@ GHF9 GHgMHGZI
9jH.
@:@:E
7 =H.0DF9 GZ GZ <=GH759j;2G ;=.
<.0D2. GgC<9j.
HD GHD 9.
Z /AGHD 7 @:.
;; D
=/ ,9:/3Z=/ @9j2 9:DF9:/
9j;9 =<=.0D2. 9:/29 D 9 GH;=DC<=GH789j;=2G ;=C.0/29
2=1 9j@DnD <=G 9:/29j;Dn2@:.
HGg; ; Q.2GH78Z9D b 9:/A==9 QDF9j;=AG ;
6 0
9j;9:/A.
gGZ:9j< /29jZ9:0.
;=@9lH9j.0/A;=GH;6
9j@D / Q=.
;&D2GHj.0D2G ; &6O3
.
1,9:9j; / F9j< D 9 =@:HGH<=Gg.
; 759:DF/3GH@ GH 21FD2GZD2DF9j< 1Q. A@:.
Z9j<
759:DF/3GH@
    
=  
+hg

 

T 

]\i



>g



9:/29:1   @ ;=FD2GZD2=DF92@:.


HGg; /C/A9jZ9:).
;@98DF9:/A78 GZD    
GH@ .0/29.
<.0=DF9j<.
D 78.0D2Gg@:.
HZ <=/AGH;=CDF/A.
Gg;=GH; 9/29jH9:).
;=@9DF9:/378

.
H V . <G 9:/A9j;&Dl.
;=< =/ 1Z9j75'.
<=.0=DF9j< 2@:.
HGH; D 9GH;=Dn<=GH759j;2G ;=
9:/29:1
; GHF /2t9:/  %<=Gg759j;=2G ;%@:.
;1,9[2@:.
H9j< GZD 27.
HQ/29jZ9
0.
;=@9lDF9:/A789:
9j;&D2.
HZO/29jA=ZD2GH;6GH;.6=/A=;GH; =D 9jF9l<GH759j;=2G ;= V> /29
2GH;=GZ@:.
;Dl<GH759j;=2G ;=n@:.
; 1t92@:.
Z9j< GHD H.0/A
9/29jZ9:0.
;=@9DF9:/A78 <=.0
D2.0D2G ;  D2.0I
9j6H.
@9O2GH7 =ZD2.
;=9 =2Z8D D 9.
<=.0=D2.0D2G ; !=/ D D'Qt9j
.
7GH;=GH78GHj.0D2G ; %D 99 QDF9j;=<=9j<@ FD_=;=@D2G ;
j

Hz

 TS



eNc

M>

M>

^p


7



"

:9 /29  <9j; DF9jD 9 2@:.


Z9j< Q=.0/29j< n=@:gGH<=GH.
; < GHFD2.
;=@9 D 9 @:
9jFD @ /2/29j@D=/ D D'Qt9?D D 9<=.0D2. GH;&D:.
;=<  < 9j; DF9jD 9?A@:.
Z9j<

Ha

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$;3L0

F"cdNe

\\

Q=.0/29j< n=@:HGg<=GH.
; <=GHFD2.
;@9 D 9@: F9jFDGH;=@ /2/A9j@D=/ D D t9 9
<=.0DF9j  .
;=<  GH; &6 .0/A9 2Gg78GHH.0/D 6 ; .
<<=GZD2G ;
D 9?/29jZ9:0.
;=@9?DF9:/A7  .0/29.
<.0=DF9j< .
@:@ /A<GH;D D 9
/A.
<GZ9j;&D D GH
@ FD=;@D2G ; GZD /29j2,9j@DD   /.
H  98@ ;=FDF/3.
GH;&D2  ! .
;=<
   O.0/A9D2.0I
9j;GH;D .
@:@ =;D1Q ; /A78.
HGZj.0D2G ; .0TDF9:/69j.
@ FDF9:

2t9:/F
9lA.
759[9 QDF9j;2G ;5@:.
;1t9lF9j< /D 9@ 2D=;@D2G ; tB
EGHF9j</29jH9:).
;=@9;9j/A.
!.
"B  O %> /298
9j;=9:/A.
~ ;9@:.
;21FD2GZD2DF9
D 9 =@:HGH<GH.
;789:DF/AGH@GH;B +1Q .
;& <=G 9:/29j;D2GH.01Z92Gg78GHH.0/AGHD'8759j.
2=/29
Ha



+hgt

:hg

-R

Tlg




$#

9:/29:1  @ ;=2D2GZD2DF9.0/A.
759:DF9:/3 D 9789:DF/AGH@ GH@ @:.
; 1t9.
<.0=DF9j<
<==/AGH; DF/A.
GH;=Gg;
AGH78GHH.0/3GZD'789j.
2/29 D 9:/A9:1 /29:9:/A5D .
; ;=@D2G ;
GH@ QGZ9jg<=; ;=;=9:.0D2GZ
9/29j.
&0.
H9jj b 9:
9:/j
GZD;9:9j< ; D%1t9lFQ7759:DF/AGH@
/_=ZHED 96DF/AGg.
;Z9GH;9 Q=.
HGZD 96
9j;9:/A.
t@ FD_=;=@D2G ;D 9j; .
lD 9
/A7

  


T AS

a

Fcd>e

LP

'

F"dNe

9:/29:1 
 V3 <9j; DF9jD 9@: F9jFD=/ D D'Qt9 Gg@ < 9j
; D1t9j =; D
 759j.
2/A9j<.
@:@ /A<=Gg; D D 92GH78GHg.0/AGZD'759j.
2/29 
.
;=< D 9 A/ .
;I =/ D D'Qt9jGHC@ 78DF9j< =2GH;=?D GHC
9j;9:/A.
2Gg78GHH.0/AGHD'
759j.
A/29 .0IQGH;=5D 9<9:/AGH).0D2GZ
9jEGZ9jH<D 9<=.0DF9j

%^

2<

/.
Ht=/ D D'Q,9j

F<

 .
;=<

LP

'

% 

'

% 

@\

D 9O<=.0DF9

% 

"
"


X

/%D 9@: F 9j2D / ;=/ D D t9


9:/29:1Q
.
;=<
V%.0/29lH9j.0/A;=GH;
/A.0DF9j6.
;=< D 9  GHFD2GH@_=;=@D2G ;Gg9:).
H.0DF9j<.0D 2GZD2G ;

"

7j

 

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$;33

\

<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

469:/29
7

"

.
;<


9<=9:/AGZ0.0D2GZ
9 ZG D /29j2,9j@DD  Gg@ 75DF9j<1
F<

&






"

LP




"

% 
%

T
' H

% 
% (' 

"


469:/29
V 98<9:/AGH).0D2G ; lD 9jF9 /A7 =H.
@:.
;1t95 =;< GH;D 9
.0=t9j;=<G
DF9CD .0D6D 9j29C<=.0DF9O /A7 =H.
6@:.
;?1t9 /A7 =H.0DF9j<? /.
;&
<=G 9:/29j;D2GH.01H92GH7GHH.0/AGZD 759j.
2/A9 n>9:DF/3GH@ .0/A.
759:DF9:/3  @:.
; D 9:/29:1
1t9.
<=.0=DF9j<.
D 7.0D2GH@:.
HZ GH; .5<=.0D2.5</AGZ
9j; .j 69:t9j;=<GH; ;D 9/ Z9
D 9C.0/3.
759:DF9:/A  GZD78GZ D61t9.
<EGH2.01Z9CD /A9jFDF/AGH@DD 95F9j.0/A@ 2.
@9
/  D .@9:/2D2.
GH; /A.
;
9
l9  2GHD2GZ
9?.
;=<; /A78.
gGZ:9j<D =/29:
9j;D
<9:
9j;=9:/A.0D2G ; tD 9 HD2G ; 9jF96@ ;=FDF/A.
GH;D2n@:.
;1t9[H

9j<GH;D D 9
.
Z /3GZD 7 =2Gg;9 QgGH@:GZD[; /A78.
gGZj.0D2G ; .0DF9:/9j.
@ <=.0DF9OFDF9:
9 Q9jFD2G ;8; V @:@:/3 / Gg@ @ GH@9j D 92GH7GHH.0/AGZD C759j.
A/29
D 9[.
Z /3GZD 7 B"
@:.
;1t9[GH;DF9:/2=/29:DF9j<5.
.I
9:/A;=9jHGZ:9j<
9:/A2G ; B
9:/3;9jHGZj.0D2G ;@ ;=2D2GZD2DF9j. @ 77 ; DF/AGg@2I D DF/A.
;=F9:/ 9jH=;=<=9:/AFD Q <
.
;=< 22GZ1H 2Gg75Z9.
Z /3GZD 78nD 7 /A9@ 75Z9 2GZD2=.0D2G ;= &GH;D 9@:.
F9
BQ>
/n9 .
75Z9
.; ;=HGH;9j.0/I
9:/3;9j.
H b D F9:.0/A.0DF9@ 75gGH@:.0DF9j<
<=.0D2. F9:D2GH; . GZ <=GH759j;=AG ;=.
F.
@9
,D 9 9j.0D2/29F.
@9 GH@ GH6=/
EGH<9j<1 D 9I
9:/A;9j GZD . HGH;9j.0/F9:.0/3.0D /
9:/A9:1
D 9 /A9:D2GH@:.

=.0/3.
;&DF9:9j2=@ .
CD 9
9j;=9:/A.
HGZj.0D2G ;.01GHgGZD'.0/29/29jF9:/2
9j< 6 .
;=<
"B  /lD 9 n=@:HGg<=GH.
;5759:DF/AGg@@:.
;1,9GH;DF9:/2=/29:DF9j<.
78.0/AGH; =D2Gg78GZj.)
D2G ;.
Z /AGZD 7 / Gg@ D 9 /A9:D2GH@:.
1 =;<= ;8D 9
9j;9:/A.
gGZj.0D2G ;89:/A/ /
<9 9j;=< ; D 978.0/2GH; .
;=< .0/29GH;<9:t9j;=<9j;D MD 9<=.0D2.<=Gg759j;=2G ;.
HGZD'
469j;=@9I
9:/A;9jgGZj.0D2G ; !6 /"B 
 H< 1t9@ ;;9j@DF9j<D D 9  <
1 =;=< ;8D 9[
9j;9:/A.
HGHj.0D2G ;59:/2/ / 9 GHgQGg;D 9[ g V Gg;/29:T9:/nD D 9
#

9j;9:/3.
2GH78GgH.0/AGZD 759j.
2/A9O=F9j<GH;?)B  +1
#
#I
9:/3;9j%Gg6.=;@D2G ;
2@ D .0D 759 4GHZ1t9:/2D
F.
@+
9 * .
;=<?.5;=@D2G ; ,
* @:.
;1,9 =;=< GZD

7j

XU

]> T

 >

 T



:a

:hg

+hgt







U

lg

`R

:hg
{ f

:hg



 .,%0/0, 

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$;3H,

F"cdNe

\U

:@ .
; 1,9 GH;DF9:/2=/29:DF9j<.
2@:.
H.0/=/ <==@DGg; 789 GH <=GH789j;=2G ;=.

22GH1ZGH;=;=GZDF9<=GH789j;=2G ;=.
n2.
@9 97 FD6=/ 78GH;=9j;&D.0=HGH@:.0D2G ;
I
9:/A;9jH GZD GH;78.
@ GH;9[Z9j.0/3;=GH;@:.
;1,9l =;=<GH;CD 9[@ ;&DF9 ED tBE>
4 b 9:
9:/V[1.
F9j< ; D 9 2=@:@9j2 CBQ>I
9:/A;=9jHGZj.0D2G ; ).0/3G =
.
ZDF9:/3;=.0D2GZ
97.
@ GH;=9Z9j.0/A;GH; D Q HCA=@ .
=/3GH;=@:GZ.
.
;<GH;=<=9:,9j;<9j;&D
@ 75 ;9j;D.
;=.
HQ2Gg[1t9j@:.
759 =g.0/C
$!D 9C@ F9j;I
9:/A;9j%GH[ E9j<
/29jA=ZD2/ 7 FD2.0D2GgFD2GH@:.
MH9j.0/A;=GH;D 9 /A2=@ .
1 =;=< ;?D 9
9j;=9:/A.
p
GZj.0D2G ;9:/2/ /O@:.
; 1t9DF/A.
;=F9:/2/29j<<=GH/29j@D2Z/ 7 D 951.
AGH@
9:/A2G ; lD 9
Z9j.0/3;=GH;.
Z /AGZD 7+D D 9I
9:/A;9jgGZ:9j< ;9 DD 9[2.
759D2GH759

.0==/ =/AGH.0DF9
; ;HGH;9j.0/I
9:/A;9jH DF9j;8@ ;=2Gg<9:/A.01Z9 E.
;=< D 9@:.0.
@:GZD' D 9 /3GZGH;=.

759:D = <VQGZ9jg<=GH;[=;=GH
9:/A2.

.0==/ GH78.0D /A%GH;OD 9@:.


F9 BQ>V /M9 .
7
H9 E
, ;9:9j<C; D
9:/29:1Q
jD 9 22GZ1H GZ <GH759j;=2G ;=.

78.0=Gg;1
1t9@ 75DF9j<9 EHGH@:GHDF9jZ2=@ D .0D@ 75D2.0D2G ;=.
E9 , /AD@:.
;51t9/29j<=@9j<
98.
@D 9:D 9:/C.=;@D2G ; @ ;=FD2GHD2DF9jC.I
9:/A;9j@:.
;1t9DF9jFDF9j< =2GH;
9 >?9:/A@9:/j5D 9 /A9j7 =H.0/ I
9:/A;9jHGH;=@:g=<9
M /9 E.
78Z9
!D 9
ZE; 78GH.
EI
9:/3;9j~D 9 .
=A2GH.
;8I
9:/3;9j~ /lI
9:/A;9jHlFt9j@:GZ@:.
gZC<9jAGZ;9j<
/@ 75H9 <=.0D2.FDF/A=@D2/A9j2=@ .
FDF/AGg;O =
; /@:.
F9
9.0/A9GH;&DF9:/A9jFDF9j<8GH;5.
9j;9:/3.
=2GH78GgH.0/AGZD O759j.
2/29j 2=@
D .0D6 752
9 ,
* 9 GHFD2 GZD
" 



{

U


T

 S



]\



{Vj



 T

U



-g



j

U



P

,

,% ,

9:/29:1 <9j; DF9j!D 9789:DF/AGH@lGH;D 94GHZ1t9:/2DF.


@93* $=D GH H<: 9
@:.
;5GH;DF9:/2=/A9:DF9D 9@ 2D_=;=@D2G ;
.
@ 2D=;@D2G ; B GH; 759
22GH1Z= GZ <=GH759j;=AG ;=.
4GHZ1t9:/2DF.
@9
9:/29:1QD 9
9j;9:/A.
HGHj.0D2G ;
.01GgHGZD' D 9@:H.
22GH=9:/ ;=Z<=9:,9j;<= ;D 9C78.0/AGH; D 9C@:H.
2AGZ=9:/ $D
GH 9jHIE; V ; D .0D2@ , @:.
; 1t9 =;< /.7 /29
9j;9:/A.
6@:H.
2
_=;=@D2G ;D .
;?>9:/3@9:/I
9:/A;9jH ;9O2) 4@:GH9j;&D@ ;=<GZD2G ; GH:E /9 E.
78Z9

D .0D @ ;FD2GZD2DF9j./29j.
p0.
H9j<82Q78789:DF/AGH@[_=;=@D2G ; GZD   %
/M.
H5 A=@ D .0D GH@ ;=<=GZD2G ;=.
HZ6 AGZD2GZ
9<9:;=GHDF9
jG 9 : /.
H7 6 98
:;
< 
<;
D 9 GH;9 Q=.
HGZD
GZD    .
;=
:

:


:

:


 >= ?  ? V     ?  H<8 .
; 9 .
75H9
;=@D2G ;=
n

+hg

F"cdNe

 %





X 

j
j

U S

[j

a



 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$;3L8

\V

<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

D 9[ /A7 @ A @BC /n.


;8.0/A1GZDF/A.0/2 759:DF/AGH@ .
;<DC ,=HHD 9jF9
=/ ,9:/AD2GZ9j 49j;@9GZ .
H ZHH6D 9jF9=/ t9:/2D2GZ9jjB)
@ ;=FD2GHD2DF9j
. I
9:/A;9jgGZ:9j<
9:/A2G ; B +.
;<
9j;9:/A.
HGZj.0D2G ; 1 ;=<=DF/A.
;=F9:/D D GH
@:.
F9
DF9 b 9:
9:/lD .0D1 =;=< ;8D 9[
9j;9:/A.
HGHj.0D2G ;8.01GHgGZD' ,D 9@:g.
22Gp
=9:/< ; DMDF/A.
;=2T9:/D .6
9j;9:/A.
Q2GH78GgH.0/AGZD 6759j.
2=/29 GZE.0/A.
789:DF9:/A 
.0/29.
<=.0=DF9j<</AGH;lDF/A.
GH;GH;jG 9 jD 9T9j.0D2=/29nF.
@E9 * ED 978.0=GH;=F, GH
GH78HGH@:GZD2H@ .
;
9j<5<=/3GH;DF/3.
GH;=GH; ; .
<<=GZD2G ;)GZD78GZ D!1,9.0==/ =/AGH.0DF9
D =F96
9j;9:/A.
t2GH78GgH.0/AGZD2GZ9j 6 GH@ < ; D_=ZgED 9.01
9@ ;<=GZD2G ;=.
;=<
D =@:.
;; D1t9GH;DF9:/2=/A9:DF9j< .
I
9:/3;9jHGZj.0D2G ; D 9 /AGHGH;=.
.
Z /3GZD 7
GH78GH D 1t9D 9@:.
29
[ / 9 .
75Z9
 / / 1Z9j7'2,9j@:GH@?2Gg78GHH.0/AGHD'
759j.
A/29j 04 b 9:
9:/V 9 =;=<O9 Et9:/AGH759j;D2.
HZD .0Dn"B 
=/ EGH<9j%  <

9j;9:/3.
HGZj.0D2G ; /D 9j29@:.
F9j
6.0/2DCT/ 7 D 9 FD2.
;=<=.0/3< Q=.0/29j< n=@:gGH<=GH.
; 759:DF/3GH@0 9 GHHGH;D 9
H b GH;<9j.
GHD D /29:9<=G 9:/29j;D2GH7GHH.0/AGZD 759j.
2=/29j

7j

:hg

+lg

X 

T 





lg

Ha



D 962@:.
Z9j< Q=.0/29j< =@:HGH<GH.
;759:DF/AGH@ ZG D .
<=.0=D2GH
9/29jZ9:0.
;=@9DF9:/378
6 GH@ .
.
Z/29j.
< 2 @:@9j2F_=HZ1t9:9j; FD 9jFDF9j< GH; @ 71GH;=.0D2G ; GZD
6
    
   
Ha

]\i 

[o

6 9:/29:1Q

 G

 

5.
;=<
j

\

D 9 9jGH DF9j< =.0/AD2GH@2GH78GgH.0/AGZD 759j.


2/A9
a



H   
.
;=<  F

   I  H

[o

6 9:/29:1Q    
GH2GH78GgH.0/AGZD 789j.
2/295;=GH 9j
g.0/2
9 <=9:QGH.0D2G ;= nD 99jZ9j759j;D2  .
;=<   7 /29 D .
; D 9 Q=.0/29j<
=@:HGH<GH.
;759:DF/3GH@ 9:/29j.
278.
g<9:EGH.0D2G ;l.0/A9D H9:/A.0DF9j< Ggn_.
@D
29:9j78.0/2D2GH@:=H.0/3Z?.0==/ =/AGH.0DF98GZlD 989j;DF/AGZ9j  .0/29 ; D .
=A2GH.
;
1D7 /29 .0/2Z@:HFDF9:/29j< 9 Q=.0/2D2GH@8AGH78GHH.0/3GZD' 759j.
2/29D 9j;
1t9:DFDF9:/78.0D2@ 9jD 9DF9jFD 9:D 9:/.H.0/2
9C;Q=7C1t9:/ 9j;DF/AGZ9j@:.
;1t9

j+

Ha

tg

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$;3@2

F"cdNe

\r

=;=< GZD GH;2@ .?@:H=FDF9:/ <=.0D2.?.0/A9@ 75 ;9j;D GHF9; /A78.


p
GH:9j< D 759j.
; .
;=< 0.0/AGH.
;=@9 0 D GH2Gg78GHH.0/AGHD'?759j.
A/2978.0;GZ=9j
@ 78 ;=9j;&D GgF9O<=GHFD2.
;@9jG D :9 .0/29OH.0/2
9:/D .
; D 9O0.0/AGH.
;=@9
 q

Gg;
. ;=.

D D 9 '@:.
HH9j< @:.
HGZD Gg75=/
9j< I
9:/A;9j_ C Gg@
.
1t9:9j; / F9j< D D2.0I
9 @:.
@ /2/29jH.0D2G ;= 2.0D2G ? / DF9j75
/3.
l<.0D2. GH;&D .
@:@ =;D:2=@ .

F9 Q9j;=@9j5GH;@ 75D2.0D2G ;=.

1G
 9O=F9D 9 H b GH;2GH78GgH.0/AGZD 789j.
2/29 .
22759<=.0D2.
GH;D2 .j
9 D 9 /A7
J
J .
;=< @:.
@ /2/29jH.0D2G ;=
:

:


;=9jGZ 1 /29j< 9j;DF/AGZ9jK
J F
J  78GZ D 1,9 /A9jZ9:).
;D /D 92Gg78GHH.0/AGHD'
789j.
2/279 L 78GZ D:Q /9 .
75Z9
Q/29:=/29j29j;&D. D2GH759 GH;=< b Z9j;
D
M .8D2GH759OF9:/AGH9j ND 9j;@ 75DF9j
m

lS

a

Ui





 %

N   

 POQ  

6 9:/29:1Q

B
 TSUWV [Z ?  ?   ? [\]
?
789j.
2/29j D 9 @ /2/29jH.0D2G ; D VY
9 X <GHFD2.
;=@9j D 9 9j;DF/AGZ9j GZD Gg;.
@:.
GH;=< b .0/ =;< 2GZD2G ;IX  [D 9D l <=.0D2.? GH;&D2 9:/29:1Q

C 5GH[D GH@:.
HZ @ F9j;?.
.5278.
g;=.0D2/A.
;Q=7C1,9:/V ? GH[.5_.
@D /
6 GH@ GH<=9j@/29j.
2GH;D V .0/A<=6D 91 /A<9:/3 D 9C @:.
GH;=< b 2=@
.
?
E ^
V3 [Z
 ?V ? .
;=<_n<9j; DF9j6D X 9C/A.
<GH=
D 9O @:.
Gg;=< V D[D 91 /A<=9:/A V MD 9/A.
;=
9 !GH;=<GH@9j ` .
;=<
0 /8.
<=.0=D2.0D2G ; D 9
X GH;=<=GH@9j78GH D1t9 X D2.0I
9j; 7 <== X
GH;=< b 2GZ:9.0DD 91 /A<=9:/AGH;=9j@9j22.0/2  G O.0/A96.
<=.0=D2GH
90.
H9j
GZD    
OR 

Q LC?

>

\{

Q LC?

 ^S

\

B GH;=@9D 9jF952GH78GHg.0/AGZD' 759j.


2=/29j.0/295<=G 9:/29j;&D2Gg.01Z9
9@:.
; =F9 D 9jF9
2Gg78GHH.0/AGHD2GZ9jD
9:D 9:/ GZD B)
9:/29:1Q
b 9:
9:/j ;=Z  .
H V  /
. <=GZ/29j@DGH;DF9:/2=/29:D2.0D2G ;.
I
9:/A;=9jHGZ:9j< B
GZD 9 /A9jZ9:).
;@9CDF9:/A7  .0/29
E9j<
9 GgH=F9:9GH;8D 969 Et9:/AGH759j;D2: b 9:
9:/VQD .0Dl. @ 75t9:D2GZD2GZ
96
9j;E
9:/A.
gGZj.0D2G ;.01GHHGHD'O.
;=< 1t9:DFDF9:/@:H.
22GH@:.0D2G ;.
@:@:/A.
@@:.
;1t9.
@ GZ9:
9j< /
:hgt

+lg

T

 f



 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$;3H

\

<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

.
<=.0D2GZ
9/29jH9:).
;=@9DF9:/A7 /D 96.
ZDF9:/3;=.0D2GZ
9j H .
;=< N 96<=.0DF9 /F
7 =H.
 /=/ D D'Q,9j.
;=</29jZ9:0.
;=@9DF9:/A78l /D 9jF92GH78GHg.0/AGZD'759j.
2=/29j
/29jA=ZDn<=GH/29j@D2ZT/ 7 D 9<9:/AGH).0D2GZ
9j D 92GH7GHH.0/AGZD2GH9j.
;=< /A7 =H.
V3
3.
;<  9:/29:1
s

@\

X

XU

%  
%  
% H 
% H 
% N 
% N 
% N  









    %  

   

H    %  

 3

O 
O  

   

 ba0

 F7c c AdPe Rf  l  3
 F c c dPdPbg e hPmikfj    3
d gnPh ikj

% 
     3 %
%     
%       ba) %
%
     H
%    V  C
%     V V  C
%   QO    V

to qp  0 E,
r2st`uwv[xly!zwvQ{|sy!}`~<v<"{|s>ss`vK~{
9 =/AFD<9j7 ;=FDF/3.0DF9D 9 .01GHHGHD' CB"
P

D <9j.
GZD GZ H7 =p
D2GH7 <=.
<=.0D2..
;=< D .
<.0=DC/A9jZ9:).
;@9_.
@D /A5.
D 78.0D2Gg@:.
HZ.
@:@ /A<GH;
D D 9?<=.0D2. FDF/A=@D2/A9 /D 9 9jGZ DF9j< Q=.0/29j< n=@:HGg<=GH.
; 759:DF/AGH@?=
GH;=.0/2D2GH@:GH.
HZ
9j;9:/A.0DF9j< <=.0D2. F9:D2 .0D2. F9:D2 D @ ;=2GHFD D l
@:H.
AF9j GZD
@:g=FDF9:/A GHD .01 =D
GH;&D2 /9j.
@ @:H=2DF9:/ 9
@9j;DF9:/A D 9@:H=FDF9:/A.0/29 D 9:/29:1Q @:.0DF9j< ;. @ 9j@2I
9:/A1 .0/3<2DF/A=@r
D2/A9GH; D 9 D  <=GH759j;2G ;=.
 Q=.0/29
.0D2. F9:D2 0 Q.
;=<
@ ;D2.
GH;D l '<=GH759j;=AG ;=.
<=.0D2. GH;D2/ 7 D 9j29 @:HFDF9:/A / 6 GH@ D 9
F9:D2?<=G 9:/ GZD /29jFt9j@D D D 9
9:/AH.0 D 9 @:H.
AF9j.
<9:GH@DF9j< GH;
!GZ
.
;=<
.0D2. F9:D2 Q O.
;=< .0/29 .
@ GH9:
9j< .
@ GZ9j 0
Q.
;< Q/29jFt9j@D2GZ
9jH
9:/29:1QD 9 D l '<=GH789j;=2G ;=.
O Gg;&D2 .0/29 9j7
1t9j<=<9j<GH;&D <=Gg759j;=2G ;O.
H b M. GH;D
GH9j71t9j<=<9j< .

  I a H 9:/29:1
 GH=;=GZ /A7; GHF9
6 / 
6 / 
/ a
GHD 2 /AD
f

:hg

Ha

 u

rj

Uj

Ha

 \

^ -

hV

\"  `

lU



jr

jr

 
\

\"

 


 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$;3L.

F"cdNe

\{

1
0.8
0.6
0.4
0.2
0
-0.2
-0.4
-0.6
-0.8
-1

-1

-0.8

c|3ijWRG

-0.6

-0.4

-0.2

0.2

0.4

0.6

0.8

)|30) )3b)2'~$tb~F pA 3 T |3~~HV


|3~=|3
= V|AFA 3 2 3 !~$   V
a :ER<G
~ F3 b!)_ ' +%r%>: r ) T $|b_ M )[|)V2
t / .
;=<
/  D


GH@ gG /A9jZ9:).
;D /D 9@:H.
2AGZ@:.0D2G ; a D
@ ;D2.
GH;<GHF/ADF9j<@ GZ9j GH@ 78GZ D1t9n=F9j< /MD 9n@:H.
22GH@:.0D2G ;
G 9 QGH; /A78.0D2G ; GZD /29jFt9j@DnD D 9 @:.0D2G ;GH;<=GH759j;2G ; @:.
;.
g 1t9
.
@ GZ9:
9j< / 7 D 9jF9 <=Gg759j;=2G ; GH759j;2G ; GH /29jZ9:0.
;&D8.
;<@:.
;; D
1t9212D2GZD2DF9j< 9jF9F9:D2.0/29/A.
;=< 7Z<=GZEGH<9j< GH;D DF/A.
GH;=Gg; .
;< DF9jFD
F9:D D 92.
759C2GZ:9GH;?.@/ 2F).
HGg<=.0D2G ;
9CDF/A.
GH;"B 
GZD 789:DF/AGH@
 GZD =/ D D t9j /69j.
@ @:H.
2 ;D 9jF9 F9:D2 9:/29:1Q =/ D D'Qt9j
.0/29 GH;GZD2GH.
HGZ:9j< /A.
;=< 78H GZD 278.
H6).
g9j 39jZ9:0.
;=@9 _.
@D /A   .0/29
GH;GZD2GH.
HGZ:9j<9 Q=.
HZ /A.
GH;=Gg;5GH< ;9 /
@E@:Z9j GHD Z9j.0/A;=GH;= /3.0DF9j
  C /n @ /6 /AD /2 9j9O@D/29j=H/9: )D .
;=D @9tDF9j9::/A 78 9;9j GZ / GH1 ;= @ / /2Q/29j @< D!/A=.
/ ;=
D 9CD'QGH,29jD2j.0&/2.
DF;=9j<<
 .
;=<GHDGg7CZD2GZHGH9j<1Q .0TDF9:/69j.
@ 9: @
.0
D

/?@ 75.0/AGg ; 9 /29: /2D D 9759j.
; 0.
H9j . @/ 2F).
HGg<=.0D2G ;
/D 95 H V GH; ).0/AGg.
;&D2 M"B 
GZD ;9jGZ 1 / Q < @  t9:/A.0D2G ; .
;=<
/ H ,


 
@ ;D2.
GH; ; GH; /A78.0D2G ;

\"

 ^

X 

n\

 Tf

lg

rj

a

Ujjj

jr

jjjT\

\jj

iir



lg

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$;3L

\

<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

c|3ijWR V 0$Alb b3bA'6~ _O |A~~Hb !$A~|3



b F2F[j5 3 ~$ [ r |3p
 [ A n~$<!
| r A 3 b!)_ nZ ~
.
<=.0D2.0D2G ; !D 9/29jZ9:0.
;=@9ODF9:/378.
/ F9j< GH; D GH.0t9:/QLB G 9
"B  9:/29:1Q; .
<.0=D2.0D2G ; D 9/29jH9:).
;=@9.
@D /A6GH[< ;9O.
;< D 9
FD2.
;<=.0/A< n@:HGH<=GH.
;759:DF/AGg@ Gg=F9j<L 66 6G 9 6B"
9:/29:1;
;9jGH 1 / Q <5@  t9:/A.0D2G ;D2.0I
9jlH.
@79 L 6 .
=/ F9j<81QBE.0D .
;=<
+lg

X 

lg

:g

X 

:hg

%g

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$;3L1

F"cdNe

\i

n.
78.
<. GZD D;9jGZ 1 / Q <@  t9:/A.0D2G ; .
;</A9jZ9:).
;@9.
<.0=D2.)
D2G ;wL,. 2GH75Z9 ;9';9j.0/A9jFD';9jGZ 1 /O@:H.
22GZ9:/ 9:/29:1?D 9C/A9j2=ZD
/29: /2D2D 95@:H.
A2GZ@:.0D2G ; .
@:@:/A.
@ ;D 9DF9jFDOF9:DGZ;9j.0/29jFDO;9jGH 1 /A
.0/29D2.0I
9j;T/ 7 D 9DF/A.
GH;=GH;=F9:D:LlD 9@:H.
A2GZ@:.0D2G ; .
@:@:/A.
@ GH/ D
D t9j[.0/29OF9:D[1Q .
;=< GH;D D 9O@:H=FDF9:/@9j;DF9:/A GH@ .V
9O1t9:9j; =F9j< D
@ ;=2DF/A=@D[D 9<.0D2.? =D3
<9:GH@DF9j< GH; !GZ/29 0!D 9
9/A9j2=ZD2 .0/29 @ HZ9j@DF9j< GH; .01Z9
0.0/AGH.
;D2 C&6 GZD =D ;9jGH 1 / Q < @ Q t9:/A.0D2G ; .0/29 ; D@:.0.01Z9
H.
@:Gg;=/ D D'Qt9jGg;&D @:HFDF9:/A GH@ .0/A9?; D<GZ/29j@D2Z @:.0DF9j< .0D
D 9 /AGZGH; /2/29j2 ;<=GH;Z
ED 9@:H.
2AGZ@:.0D2G ;.
@:@:/A.
@ / 6 .
;=<
66 Gg8@: F9D  ;=Z  nG 9 n. /A.
;=< 7 =9j2 lB .
;=<"B 
F/29j.
< D 9=/ D D t9j[_.
GZD _=HZ5.
7 ;=5D 9O<=.0D2. /A.
GH;=GH;= .
D 9:/29:1
1t9:9j; < ;9 GZD D 97GH;=GH7 =7 ;71t9:/ !=/ D D t9j2 4@:GZ9j;D[ /@:H.

2GH@:.0D2G ;.0D  B
.
;=< "B 
=2=.
gZ 78GH2 .0D 7 FD / D
@:H=FDF9:/3 6 ;9 78GH2AGH; @:H=FDF9:/ .
@:@ =;D2 / .
; 9:/2/ / O.01 D
R8 /lD 9 9jH=F9:.0/3.0DF9j<<=.0D2.CF9:D 0EB .
;=<)B  .
H7 2D.
@ GZ9:
9
GH@:.0.01H9 @:H.
22GZEGH;
=D2Gg7C=7 @:H.
22GZ@:.0D2G ;8.
@:@:/A.
@ ="B 
D 9O<.0D2.8@ /2/29j@D2Z .
H /<=.0D2.F9:D Q 9:/A9O<=.0D2.8.0/299j7C1t9j<=<9j<GH;D
<=Gg759j;=2G ; +D'QGH@:.
/29jZ9:0.
;=@9O=/ Z9 GH@ GHD 9:/29:1Q .
@ GZ9:
9j<GH

UV_

7`

r^ yS

hg

rj

X 

+hg

:hg

\jj

4\jj

Tlg

:hg

4

4U

^Z

\

+lg

:hg

lg

-ir



 S


j

  
UV


\

::

&
j

469j;=@9D
9 Gg75 /2D2.
;=@9 <GH759j;=2G ; Gg[@:Z9j.0/AZ GH;&DF9j< =D /2/A9jZ9:).
;D
<=Gg759j;=2G ;6
.0/2959 9j@D2GZ
9jZ=/3=;9j< .
;=<D 95/29jZ9:0.
;=@9 <=GH789j;=2G ; 5GH


 T

3b|l A :F_n~$n3$ A$Z[F rA) D 3 |2 3I


3QFA~ A ) b'A F$|b_ a3 )!) )AbA'l~ 
)2'R
bA'
)2'
)2'3
)2'[
bA'3
r
F r
[:
j

r
[j
j
j j 3j
! r%
V :2 [V A [A  :r 2 [V 3 A V 3 A
:@3
 r% A V 3 A [A A  3 j A QA :@2 [
RG
[ 3 [3 3 [3 3 A RA A [3
R<G
[ A r Q r r2 



 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$;3

j

<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

.0/29j<C.
7 ; .
;=<
DF9[D .0DDF/3.
GH;=GH;6.
;=<DF9j2DF9:D.
@:@:=/A.
@ /<=.0D2.
F9:D 5.0/29 l /AF9@ 78.0/29j<D <=.0D2.8F9:D O /B
Gg@ < 9j; D6.
<=.0=D
/29jH9:).
;=@9_.
@D /A 469j;=@98.
<=<9j<; GgF?<=GH789j;=2G ;= 9:/2952GZ;GZ@:.
;D2Z /29
<=@95D 9t9:/2 /A78.
;=@9 .?759:DF/AGH@r1.
29j<@:H.
2AGZ=9:/ 9:/29j.
B"
@:.
;
.
@:@ =;Dl /lD GHn.
@D=2GH;=OD 9/A9jZ9:).
;@96DF9:/A7 96@:H.
2AGZ@:.0D2G ;.
@:@:E
/A.
@ /<=.0D2.F9:D .
;=< GH!.61GZD l /AF9 V GH;D D 9g.0/2
9:/
9:/AH.0 D 9
@:H.
AF9j 4 b 9:
9:/VD 95DF/A.
GH;GH;.
;<DF9j2DOF9:DO.
@:@:/A.
@ [)B  GH@: F9
D D 9.
@:@:/3.
@
/ 1 D F9:D2 9 Et9j@DF9j<MD 9
9j;9:/A.
HGHj.0D2G ;
9:/2/ / "B 
GH
9:/21.
< /<=.0D2. F9:D2 .
;=< Gg@ @ ;D2.
GH; GZ Z
9:
9:/AD 9jZ9j2:)B 
GH

9:/AH.0=Gg; <=.0D2. .
8@:.
; 1t9 F9:9j; GH; !GZ=/29
@:.0.01Z9 .
@ GH9:QGH;=.@ 75.0/3.01Z  <ODF/A.
Gg;=GH;[9:/2/ /jjG 9 =D2Gg78GZjGH;
D 9 GZ
9j; @ FD _=;=@D2G ;<=9D D 9 ;9jGH 1 / Q < @ Q ,9:/3.0D2GZQGHD' 9
/29jH9:).
;=@9=/ Z9 6)B 
/C<=.0D2.F9:D2 .
;=< ?GHD 9:/29:1Q 2GH7GHH.0/D
D 9 .01
9 =/ Z9 /5<=.0D2.F9:D Q!@:H9j.0/AZ GH;=<GH@:.0D2GH;D 9 Gg75 /2D2.
;=@9
D 9 =/A2D <=GH759j;2G ;=O.
;< ;Z 9j;&DF/3GZ9j /D 9 =/AFDCD /29:9 <=GH789j;=2G ;=
.0/29OAGZ;=GZ@:.
;D
\

U^ 

`

x\

+hg

lg

PU

xV

:hg

u`

 yS

lg



hr

n^ 

:hg

X 

:hg

pV

4

t

s R|{~{
/29: 2GZD /A l@ ;=2GHFD2
987C= / Q 7 <=.0D2.?29:D/ 7 D 9

9j@D /A GH@ @ ;&D2.


Gg; [FE7C1 gGH@!.0DFDF/AGZ1DF9jMGH;=@:H=<GH;1Gg;=.0/26.0DFDF/3GZ1DF9j
.
9jH.
.0DFDF/AGH1DF9j GZD D
<G 9:/A9j;&D 0.
H9j .0D2..0/29 9:/29
9j7C1t9j<=<9j< GH;&D <GH759j;=2G ;81Q9j;=@ <=GH;.
HtFE71 HlGH; .=;=.0/2 .V
;.
<<=GZD2G ;Q<=.0D2.GHlHGH;9j.0/AH DF/3.
;=F /A759j< @ 75 ;9j;D GHF9D :9:/ 759j.
;
.
;=< =;GZDn0.0/AGH.
;=@9 96D  @:H.
Alg.01,9j< 9j<=GZ1Z9
Q.
;< GH ; =:Q.0/29/29:
/29j29j;&DF9j< 1Q
.
;=<  E/29jFt9j@D2GZ
9jZ
MD 9<=.0D2.F9:D E469j;=@9<=.0D2.

.0/29 GZ <=Gg759j;=2G ;.
~ =V 9:
9:/j,GHDGH 9jHIE; V ;?D .0D ;Z9 /A9jZ9:).
;D
<=Gg759j;=2G ;.
H b . @:H.
2AGZ@:.0D2G ;@: F9 D 
9@:H.
22GH@:.0D2G ;
@:.
; .
H 1t9GZ
9j; 1Q. GH@6 /A7 =H. l.
; 9 .
75Z9
E.0DFDF/AGZ1DF9jn/A9jH.0DF9j<
D 5 ;=H9
< /j.
H V .5@:g.
22GZ@:.0D2G ; .01 D .
;=< D 92Gg;Z9DF9jFD
|F /29/AGH;D'@ / 
/29:9j;bEGZ9jH<=D 9.
@:@:=/A.
@   R 69:
9:/2D 9jZ9j2jD 9
Z9j.0/3;=GH; D2.
FI GH5<=G 4@:ZDC /FD2.
;<=.0/A<
9j@D / Q=.
;D2GZj.0D2G ; <9 D D 9

V

u+\V

x

\

 

\\{

r+\

V_

\jj

+ +S

]\j



ui

"

4ii

V%\

_

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$7,"0

F"cdNe

+\

HG <=GH759j;=AG ;=.
HGZD D 9GH;=DF.
@9 !BGH;=@9 9 GZD FE7C1 gGH@<=.0D2.E
D 9 <=GHFDF/3GZ1D2G ; Gg; D .
=2AGH.
; 1=D @:=29j<
9 GHHDF9jFD5B)
/
D 9D  2GH78GgH.0/AGZD 759j.
2/A9j  .
;< H
9l/29: /2D.j
9:/A.0
9j<5/A9j2=ZD2 6Gg;=<9:t9j;=<9j;D/A=;= .0D2. .
MD 9:/29:1
/A.
;< 78Z 1t9:9j;?FgGZDGH;D DF/A.
GH;GH;F9:D <=.0D2.&.
;<?DF9jFDF9:D
M<.0D2.& 9=29 C=/ D D t9jlt9:/l@:g.
2.
;=<@ /A/29jF ;=<=GH;=Z5FD2.0/2D GZD
.278.
H;9jGZ 1 /  <.0/A.
789:DF9:/
!9j.0/3;=GH;.0/A.
759:DF9:/A .j
9 1t9:9j;

=D2Gg78GZ:9j< / D 9 /A=;= !"B 
GZD D 9 Q=.0/29j< n=@:HGg<=GH.
;789:DF/AGH@ 
@ ;
9:/2
9j.0DF9:/
9: @ .
;<QGZ9jg<=D 95759j.
; DF/A.
GH;GH; F9:DO.
@:@:/A.
@
F  .
;=<DF9jFDF9:D.
@:@:=/A.
@  +  $;@ 75.0/3GH ;


D 9759:DF/AGH@ H @ ;&
9:/2
9j[.
H/29j.
<8.0DF9:/ C9: @ l.
;=<8EGZ9jH<=D 96DF/3.
GH;=GH;
F9:DC.
@:@:/A.
@
 R .
;=< DF9jFD F9:D.
@:@:/A.
@   DF9

D 9:/A9:1
D .0D<=.0D2. .V
981t9:9j; DF/A.
;=2 /A789j< D =;=GHD0.0/AGH.
;@9
2=@ D .0D
D Gg759:DF/3GH@?D2 .1Gg.
;D <=GH789j;=2G ;= 9:/29 D 9 FE71 H .0/29 ; D
=;GZ /378Z<=GHFDF/AGH1DF9j< <6.0/29 9j;=@9 DF9j;&D2GH.
gZ 2GZ;=GH@:.
;&D3O9:
9j;D28.0/29
1 Q FDF9j<CGg;D Gg .j 9l2Gg78GHH.0/AGHD'759j.
2/29 H D =!Z9j.
<=D
9:/2F.0/AF9
.
;=< .
@:@:=/A.0DF9 7 <9jH ;DF9:/29jFD2GH;H
D 9 /29jZ9:0.
;=@9 / Z9j 9j75 .
2GZ:9
<=Gg759j;=2G ; GH@ .V
91t9:9j;O9 EDF/A.
@DF9j<5.
H 1QO<=G 9:/29j;&D759:D <=MA=@ .

/AZ99 EDF/A.
@D2G ; 9[/29jZ9:0.
;=@9[=/ H9l / H 9j75 .
AGZ:9j<=GH789j;=2G ;=
< / =3 < / ; ;9b3 GHHZ'@ / Gg;I3E.
;=<
_F /29
=/3GH;&D'@ / 
/29:9j; H /  <=Gg759j;=2G ;
GH/A9jH.0DF9j< D D 9g.0/2
9jFD
/29jH9:).
;=@9DF9:/37 _F9:9 !GZ=/29 
469j;=@9
t/29jZ9:0.
;=@9 =/ H9j.
H b D <9j.
GHD ? GZ <=GH789j;=2G ;=.
M<=.0D2.E
.
;=<D 92GH78GgH.0/AGZD 789j.
2/29 H .
H b lD .
@ GZ9:
9OFD2.0DF9 TD 9'.0/2Dt9:/2 /F
78.
;@9 GZD
9:/2 @ 75.
@D7 <9jH


4g

 qf

:hg

q\j

r

^f

Xr

l

r^

lg

Ha

xUrj

[i

jT\

rU

i

UU

r

rj

ii



bj

ii



jU



 W







]\j 

"



"

"

NS

V%\

"

\jT\



pZ

pU

sy1IRs>D~{
9 <=.0D2.F9:D GH; D GH9 Et9:/AGH759j;D@ ;2GHFD2 .=;=GZ0.0/AGH.0DF9D2Gg759 29:/AGZ9j


HG @ <=9j2@/AGZ1t9j[D 9 7 ;D Z b 9:/@ ;=275=D2G ;Gg;IEGH V .0DFD = /A[ /


[@ ;F9j@:D2GZ
9n7 ;&D .0D2. .
1t9:9j;D2.0I
9j;CT/ 7 _ 4 B $
9 ).
H=9j.0/29D 9:/29:1 ; D F9j.
;=.
gZ.
< F=2DF9j<nGZD8@:.
; 9j;=@91t9 9 Q


Urr

 {

]\\

hf



+Sx >



 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$7,
3



<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

0.013

lambda variability

0.012
0.011
0.01
0.009
0.008
0.007
0.006
0

10

20

30

40

50

60

70

80

0.024
0.022
0.02
0.018
0.016
0.014
0.012
0.01
0.008
0.006
0.004
0.002

90

100

110

lambda variability

10

20

30

40

50

60

70

80

90

100

110

c|3ijW3R j %3 l  )|$ p3 Q` Oblb~ : bA'j 3  ~ [|


[F3~ R p
 R Z ~ ~ AV|[ ~ r O O~ 0 F 
[))3~FV0 b| V[ ~ r 30)3 2, FA~
t9j@DF9j<D .0D ).
g9j/ 7 D 9/29jFt9j@D2GZ
9F9j.
; D 9=/29:EG =8
9j.0/3
.0/29/29jZ9:0.
;D /=/29j<=GH@D2G ; ;.
<<=GZD2G ;Q @:.
@ /2/A9jH.0D2G ; M@ ;=F9j@:=D2GZ
9
0.
H9jl@:.
; 1t969 Et9j@DF9j< 9/AFD<9:/AGZ0.0D2GZ
9 D 9D2GH759F9:/AGZ9j .
l1t9:9j;
@ ;=AGH<9:/29j< D .
@:@ =;DO /DF/29j;=<= ; .
<=<=GZD2G ;D 95;Q=7C1,9:/3 .j
981t9:9j;
DF/A.
;2H.0DF9j<D :9:/ 759j.
; 9j; D 9 /A9j2=ZD2GH;=0.
H9j .j
9 :9:/ 759j.
;
.
;=<0.0/AGH.
;=@9
%BEGH;=@9 9 ;=H<9j.
GZD @:H.
22GZ@:.0D2G ;D 9 .01 HDF9
/A.
;=
9  .
1,9:9j;<=GZEGH<9j< GH;&D GH;&DF9:/A).
H GZD .
;59 Q=.
=;Q=7C1,9:/
9jZ9j789j;&D28 & w9j.
!0.
H9j.0/295212D2GZD2DF9j<1D 95@:H.
2H.01t9jH6GZ
9j;
1QD 95/29j2,9j@D2GH
9Gg;&DF9:/20.
!GH;=<9 _29:9 GH/29  9D2.
FIGg6D /29j<=GH@D
D 9OGg;&DF9:/20.
GH;=<=9 D 9O0.
H9 !D 9O;9 ED[D2GH759OFDF9:1.
F9j< ;D 9.
FD
0.
H9jGH; D 95@ = F9j; D2GH7595GH;DF9:/20.
/@:H.
2AGZ@:.0D2G ;tD2GH789 Gg;=< V
Z9j;=
D O.0/29@ = F9j;&G 9
/29j<=GH@D2G ;GH< ;9[1.
F9j< ;8D 9[.
FD
9j.0/3

/[9j.
@ 759:D < 9/A9: /AD/29jA=ZD2T/ 7 GH;<9:t9j;=<9j;Dn/A=;: 6 9:/29:1Q
D 9<.0D2.F9:DnGgFHGHD!Gg;&D .ODF/A.
GH;=GH;=29:D O<=.0D2. GH;D2@ /2/A9jF ;=<=GH;
 _



 >

\ ^

rj

a



4Z





X NZ

Uj

X 

\j

mU

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$7,,

F"cdNe

U

Power consumption

2
1
0
-1
-2
-3
100

150

200

250

300

c|3ijWR
` 3 ) t 3 ~b[b r j A~ ~ '2~))~ A
)bA'_'  a r r 3rj:)2'! F  pA [F A a3
V: [b 3 r ~V|rM 3 [ M FV$F&:%F
~ :)[
~ t 2) ,) |_:r) :[ [~F3 3 3 FA 3 ) 3)F
|b )F&
) Fb$ 3 '3~  FO 6 ~|A r 'A~:Cbj|b )[33)$!

FV$Fl |3~~,3 bF2Fl:l 3 3 'A0 b bl


E3  b
|3~~M) :63b  VA 3 b!3[~3
D D 9?/AFD.0/2D OD 9?D2GH759 F9:/AGZ9j .
;=<. DF9jFD F9:D
<=.0D2. GH;D2
@ /2/Aj9 F ;=<=GH; D D 9CH.
FD[.0/2D !D 9O29 9j;@9
9DF/A.
Gg;9j<?/ D D'Qt9 1.
F9j<@:g.
22GZ=9:/36=AGH; =/ D D t9jt9:/@:g.
2
.
;=<H9j.0/A;=GH;/A.0DF9j GH@ .0/29 =D2GH7GZ:9j< /%D 9/29jFt9j@D2GZ
9DF/3.
GH;=GH;[759:D = <
69jGZ 1 /  <@  t9:/A.0D2G ; FD2.0/AD2 GZD .
; GH;=GZD2Gg.
n;9jGZ 1 / Q < 2GZ:9
.
;=<GH7 =ZD2GHHGZ9j< 1Q
.0DF9:/9j.
@ 9: @ n/ D D'Qt9j.0/29CGH;GZD2GH.
HGZ:9j<

/A.
;< 78Z GHD 27.
H0.
H9j.
;=< D 9/29jH9:).
;=@9_.
@D /A.0/29.0DD 91t9:GH;E
;=Gg;.
H9 Q=.
"B 
.
1t9:9j;=F9j< GZD D 95759:DF/AGg@:  H .
;=< N
9/A.
<=GH @:.
GH;=< V / N GHn@ F9j; .
E _ QE @:.
=@ /2/29jH.0D2G ;=
9 C
.0/29 @ ;2GH<9:/29j<.
;=< D 9 @:.
GH;=< b .0/29@:=D?.0D
5<9:
/29:
D 9 1 /A<=9:/A GH;<9 /A.
;=
9 n.
@ 759:D < GHDF/A.
Gg;9j< /
9: @
.0DF9:/ GH@ @ ;&
9:/2
9j;@9 @ =H< 1t9 1F9:/2
9j< GH; .
H@:.
F9j ; .01H9
D 9 759j.
;@:H.
22GZ@:.0D2G ; .
@:@:/3.
@ ; D 9?DF/A.
Gg;=GH;.
;< DF9jFD F9:D OD 9
759:D = <=GH/29: /2DF9j< $;.
<=<=GZD2G ; 9 @ 75DF9D 9C759j.
; Q=.0/29j< 9:/A/ /
D 9 /29j<=GH@D2G ; GH@ GH 1D2.
GH;9j<T/ 7 D 9 @:H.
A2GZ@:.0D2G ;=/A9j<=GH@D2GH;
/9j.
@ ).
H=9Gg; ./29j@9:=D2GZ
95=9jg< . @ ;FD2.
;&D D 9759j.
;0.
H9 <=.0D2.
GH; D 9DF/A.
Gg;=GH; F9:D GH; D 9/29j@9:=D2GZ
9 =9jH< D 9/29jFt9j@D2GZ
9=/ D D'Qt9b
DF96D .0D<9:_.
=ZDn@:g.
22GZ@:.0D2G ;5D D 9@:H.
2 H.0/2
9jFDl2GZ:9 l =H<QGH9jH<8.
xr+\

a

nj

a

iii

:hg



 R

rjj

m %

Ha

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$7,"8

V

<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

:@ H.
A2GZ@:.0D2G ;.
@:@:/A.
@ /29j<GH@D2G ;D . @ ;=FD2.
;D).
H=9 l =H<

EGZ9jH< D 9789j.
; Q=.0/29j< 9:/2/ /

1EG =2H
D 9@:g.
22GZ@:.0D2G ; .
@:@:/3.
@.
;=< D 9/29j<=GH@D2G ;9:/2/ /.0/29
1t9jFD[ /D 9C2GH78GHg.0/AGZD' 759j.
2/A9 N GH@ @:.
;D2.0I
9 @:.
@ /2/29jg.0D2G ;=
D 9 1F9:/2
9j< D2GH759F9:/AGZ9jCGH;&D .
@:@ =;D H EGZ9jH<=O1,9:DFDF9:/ /29j2ZD2 ; D 9
DF/A.
Gg;=GH; F9:DD .
;D 98AGH75Z9 Q=.0/29j< 9jGZ DF9j< n=@:gGH<=GH.
;; /A7 Gg@
@:.
; 1t989 QH.
GH;9j< 1Q D 9.
@D D .0DC<.0D2.GH; D 9F9:
9:/3.
<=Gg759j;=2G ;O.0/29
@:F9j< 9:/29:1Q 27.
H<9:QGg.0D2G ;= D 9 <=.0D2. GH;D2 T/ 7 D 9=/
D D t9j =H< 1t9OD H9:/A.0DF9j<<9OD Gg; 9:/29j;D; GHF9 D 9=/ @9j2:H.0/2
9
<9:EGH.0D2G ;: b 9:
9:/j.0/A9lZ9jA%HGHI
9jZ DF9lD .0DD 9@:H.
2AGZ@:.0D2G ; .
@:@:/A.
@
.
;=<D 98=/29j<=Gg@D2G ;9:/2/ / ; D 98DF9jFD29:D.0/297 =@  /3F9@ 75.0/A9j< D
D 9DF/A.
GH;GH;C29:D GHnGgl<96D D 9_.
@DlD .0D ;Z89 DF/3.
GH;=GH; <=.0D2..0/29
.V).
GHg.01Z9
.
;=<D 9D2GH7596F9:/AGZ9jGg@ 75.0/A.01Z5; GHF 69:
9:/2D 9jZ9jA:&/29jA=ZD2
.0/29.
.jE@ ;2GH<9:/A.01Z51t9:DFDF9:/D .
; <9:_.
=ZD[@:H.
2AGZ@:.0D2G ; /=/A9j<=GH@D2G ;
.
;=< D 9 759j.
;
GH@ l =H< EGZ9jH< . @:H.
22GH@:.0D2G ; .
@:@:/A.
@

Q=.0/29j< =/29j<GH@D2G ; 9:/A/ /
9
9j;9:/A.
HGZj.0D2G ;.01GHHGZD D 9 D /29:9

759:DF/3GH@:GH;D 9jF9/A=;=OGg@ 75t9:D2GZD2GZ
9
9:/A9:1 N .
H EGZ9jH<=D 91t9jFD
@:H.
A2GZ@:.0D2G ; /A9j2=ZD2 ; D 9ODF9jFDF9:D
9jZ9:0.
;=@9=/ Z9j 1D2.
GH;9j< /D 90.0/AG =C2GH78GHg.0/AGZD'759j.
2=/29jO /
.
H/A=;=.0/29/29: /2DF9j<Gg; !GZ/A9
/.
H7 <9jgnt9j.0IE@:.
; 1t9 129:/2
9j<
.0Dl<=G 9:/29j;&D2GZ;=GZ@:.
;&D 2GZD2G ;=
D 9GH78759j<=Gg.0DF9[.
FD ;D 9/3GZ D3.
;=<
2GZD2G ;= O.
;=< Gg@ @ /2/29j2 ;<CD D 92.
7597 ;&D Gg;CD 9=/29:EG =

9j.0/n.
;<D 9[
9j.0/1t9: /A9 0469j;=@9D 9l/A9j2=ZD2GH;=6/29jH9:).
;=@9[/ Z9j!.0/29[
9:/2
:\V

Ha

p\

^

 y

Ha



 {

 

\V

Ha

^

`r^ +Z


[\

3)O~ 3 8 _~ A A$Z K a3 |3~~0A


 3 !R<G r )t[ |$b[ 0 ~A3
b A~ ~ r b l r _' M FV|  36a3 )!  $~~F6[
~ |$ j) A F ~b [F rA|b 3
p A
p$_
p A
p_
R R Q 3Q Q R 3 @ R [
R Q [ Q 3Q  R : R R 3 R
3R Q 3 3 : R F R Q R A R

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$7,2

F"cdNe

r

0.05

average

0.045
0.04
0.035
0.03
0.025

10

15

20

25

30

25

30

25

30

0.055
average

0.05
0.045
0.04
0.035
0.03
0.025
0.02

10

15

20

0.16
0.14

average

0.12
0.1
0.08
0.06
0.04
0.02
0

10

15

20

|
pA ~[| 6[FA~ w p
| Z[|)V2 b !
Z ~ $[FA~ F  ! H ~!| ' F )b )F Arr2 3  0
)[
FAj A )[[[Fb|2[03_FE C)[A[~3 r53 C :F F |
~
$$: F j|~b|3 A | =)3 | )3) V)6 Fb b
bpA A r[A ) ,  [0 3bl)r[33b, )~ rF[A) 3 V

FA)~ FV b $Mb ~3

c|3ijWR: M3 !  0

/29j.
;=.01Z9 9/29jZ9:0.
;=@9=/ Z9j N ).0/A@ 75.0/A.01ZO7C@ 1t9:D 9:9j;
GH;<9:t9j;=<9j;D[/A=;= GH@:.
; 1t99 EH.
Gg;9j< 1QD 9_.
@DD .0DGH; /A78.0D2G ;
GH 9:/29GH;DF9:
/A.0DF9j< GH; F9:
9:/A.
t@ ;=F9j@:D2GH
9 GH;=< b n.
;=<D =l/29j<==;=<.
;=@
MGg; /378.0D2G ; GHl=/29jF9j;D => /29
9:/j @:.
,D2GH759 GH;=< V l.0D[D 91 /A<9:/A
.0/299j75 .
AGZ:9j< /29j2ZD2GH;GH; GZ /A9jZ9:).
;@9DF9:/A78C.0DCD 9Z9:D2GH<=9.
;=<
/AGH D2GH<9 GHCGg <9 D D 9 .
@D5D .0D8Gg; /378.0D2G ;@ ;&D2.
GH;=9j< .0D5D 9




 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$7,



<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

1 /A<9:/3OGH ;Z @ ;&D2.


GH;=9j< GH; .?27.
HZ9:/;Q=7C1,9:/ @:.
D2GH759 GH;=< V
@ 75.0/29j< D D2GH789OF9:/AGZ9j[9j;DF/AGZ9j GZD GH; D 9O7GH<=<=Z9


% _ V,
_ q

9 .j
9 =/A9jF9j;&DF9j<#.
9j;9:/A.
HGHj.0D2G ; Z9j.0/A;=Gg;
9j@D / Q=.
;&D2GHj.0D2G ;
GH@ @ 7C1GH;9jF9:
9:/A.
62GZ;=GZ@:.
;&D8.
Ft9j@D2GH;&D  ;9?7 <9j D 9.
Z
/AGHD 7 GH1.
29j< ; D 98
9:/2/ 1=2DO@ FD_=;=@D2G ; 6 9:/29: /29

;5D 9 ;9 .
;=<02D2.01Z9[1t9 .jEG /.
H /
9:/AH.0=GH;O.
;=<8; GHFC<.0D2.E&GH
1=D2.
Gg;9j< ;CD 9 D 9:/ .
;=<V Q <
9j;9:/A.
HGZj.0D2G ; @:.0.01GHHGZD2GH9jM<=9lD D 9
GH78HGH@:GZD678.0/2GH; =D2Gg78GZjGZD2G ;@:.
; 1t95.
@ GZ9:
9j< 98.
Z /AGZD 7 GH;@:H=<9j
;9jGH 1 / Q <@ Q ,9:/3.0D2G ;/29j<==@:GH;=D 9 =/ 1Z9j7  @:.
D2GH78". L!D 9
GH;GZD2GH.
HGZj.0D2G ; n/ D D'Qt9jOGH; ;
9:/O.
; GHA29 GH2@ 9j759 .
9 Q
t9:/AGH789j;&D2.
HH /
9j< .
; :9 4@:GH9j;&DFDF/3.0DF9:
9.
Z /AGZD 7.
=D 78.0D2GH@:.
HZ
.
<=.0D2M759:DF/AGg@.0/A.
789:DF9:/A%.
;<GHM.0/2D2GH@:=g.0/AZ 9jH2=GZDF9j<O / GZ <GH759j;E
2G ;=.
E<=.0D2. $;5.
<<=GZD2G ;0.
;C=/ 1Z9j7+Ft9j@:GZ@2GH78GgH.0/AGZD O759j.
2/29[@:.
;51t9
=29j<O2=@ D .0D
9:/A b 9:/A=&7 <=9jH.0/AGHF9.
H GHD  ;=Z.27.
H
;71t9:/
E=/ D D t9j 9jF9 1 9j@D2GZ
9j .V
9n1t9:9j;OGH;DF9:
/A.0DF9j<Gg;&D ;=9n2GH;H9@ FD
_=;=@D2G ; .
;=< <=.0DF9 /A7CH.
l /[=/ D D'Q,9j.
;=< /29jZ9:0.
;=@9DF9:/A78 .V
9
1t9:9j; <9:/3GZ
9j< .
H /D 9?@:.
F9 .
; ;=<9:/AZEGH; 22GZ1Z@ ;D2GH; =
<=.0D2.<=GHFDF/AGH1D2G ; $;8.
<<=GZD2G ;0D 9[t9:/2 /A78.
;@9 D 96759:D < .
1t9:9j;
<9j7 ;=FDF/A.0DF9j<Gg; F9:
9:/A.
9 Et9:/AGH759j;D2
f

X

ug



+ 

 {



  Q%
3  7t3b
 ~ )
 b 7% A 3b! 3b)
$ 3 ) FA r KR ijW~Urz
KnR X ]3W~vAe F VZ33 2 3 j)V
:  tA) b| ) 7  l:V
b)FA b)V~0A l~
3 r |$ F2 A W_U3\)e Ud$XZcH]A\)e]3\CKR ijW~UrzEKR X ,]AWv b g3 Q2r3j
[:
jb %,FV
U3XZXTR W \M R~d]3\)cpXZcZ]3\ =cpXa`& ir'$xsuk2 R~d$XZcpo3R& ij\0d$XZcH]3\ %z ]AW cpXa`:Yle$
| b = $~5 - 3
R3
V.% , |A, % b 3 mh WRTSV]3ecpXg]3W'x]_^Y[Ud'`jca\R,z|R~U3W'\)cp\:!U3XgUuU3e$R e A j r
t n |r ~ 3 t A a3 j! ) [ A Vp3 2 r [)V V
rQV r%33|3bAFA:~ F |$ bZ Fb5 [F  % ~ 3 : :[


;



^

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$7,".

F"cdNe



: 

_ %0!3[[ lV'V
)  |b 3 ~'0 ) r M3
b  [ A 3 F  M$ A 0 F2 r tW~]Fd20]_^ ijW~] SbR~U3\kbx3Y%SV]3ecpijY
]3\ MW'XZc ,d$cZUrz)KnR ijW~U3z
KR X ]3WvAe k MKMK+ 0 ))3r$MQ 3j5 )~~,r)
33R 37 A$ )b)FA 3
j$ 3
%$ 3 j
%~ '
, r ' [Z%~ j3 ~ 3 'b
cHuz cH]3W_U Sb`jx?]A\ Xa`)R8e$R$z ^$yT]3WHUA\)c|$cp\:Y[U'SlHksL UA\
z|R~U3W \bcp\j o3R~dy
) 3:
Xg]3W$ibU3\)XZc2UAXZcH]3l
\ pJ )" %33|3)AF!j~& A j brj b@2)) A
): % A  r% :[
:.
%w A  ,A

Vb) 3 r$ 3 $ 3
LCUd'`jcp\
RJER~U3W'\)ca\j A
[3 " $3j
j
 A[[ "  |rj ,3' 3') !F F 5n |~j:: r Ab~
3 )%r%A| 3 )j 3oAU3\0d R e%cp\KR ijW~Urz \F^$]3W YU3XZcH]3\[W_]Fd'R e'ecp\:[kbx3eXTR Ye
R[@ ) A)
F
j
 nR F 3 b)$~bT$|b_ [ 63)b|A r b$$$ r br'3
33 \bXTR W \0U3XZcH]3\0Ur"z j]3ijW'\
UrzQ]_^ w R \R W_UrzQk)xAeXTR Yle FV A[ A> j) n3V
Fj< !b &w n%b3[3
` A
$~jZ $ [  3 A $j
3  3 V|[F2 r  3)b|A rC3 |~ )$O rF3 )"
W_U3\)e Ud$XZcH]A\)e]3\KnR ijW_UrzKR X ]3WvAe 2j 2> 3rVArQ r
3.
hsKypPnUAXgU3N e$]AiVW_d'R]^ R~d]3\
]3YcHd XZcpYR8eR W'cgR e U3XgU n> G
~ 3 V| &=F33|3) r | 2l:~ 2 bpA )& FV7 2 r )2'[
r   :[
2: M w 
F 9 < V'j) w V$ 3 3b 3 V b
3 r r 
:  A  3 Q cH]rz]3cHdUrz&hxu'R W'\R XZcHd$e V V 2 [ 
: n:
j !A n %F $rjY
~b
j|~ V3 )$$$|b_ V

W_U3\)e Ud$XZcH]A\)e]3\MUAXZXTR W \ M\
Urz xAecpeU3\0LUd'`jcp\
R \)XTR$zaz c|:R \
d'R 3 2 R3) V
V A
Z G , r 

:
V A 3b!r
3F2 3 $ V|[F2 r $ ) KR iVW_]Fd]3YS0ijXZcp\: 3j @2 rj
j
@: ` )_' 3 % $~~Zw ))$$ b_ ? )$$ 3 |
A b 5 hQP[h b033` 3Q $ 33V V |$ 7 t3 pA |V) n[j
Fj
%3[[ 
  ~ b b  r bO 3!A)  VA 3 FA
0A) 3 ~)b 3 r$ 3 3')  3  ~~ &$~ 
jn[ 2 V
33 j
@:
%3[[ : F  b F  3 ) FA 3
pA lb| b3,)A'j= b n A~r 3 H& MW'XZc d$cHUrzKR iVW_UrzKR X ,]AWvA1
e
h MK%I
K Q[ 7 V r b0Ar` [AA> [jArrj
j
%Q!3[[  )  tA'b %r%  | b~ ZF& iVW_] SbR~U3\
k)xAYSV]Ae'caiVY ]3\ MW'XZc d$cHUrzKnR ijW~U3z:KR X ]3WvARe Q[  g~V,b))F2 3 30Ar [2
r3V&Arrj
j
%)!3[[ 0 b  3F 3 $|  [$ A! 0 |A
 r KR iVW_UrzKR X ]3W~vAe @: F[ A F3 jEArrj
3j
lM!A)~~ h]3\boA]rz ijXZcH]3\
U3z!vR W'\R$z el^]3W3cHd$W~R XTReXZW'ibd$XZiVW~R e ' |3 %$ 3
Gm | A Fj [)b j $G !0 [ FR ~T 3 t3 pA |A
b ' )r j
Q3 b~$= 3  3 a3 ~ 3 r |$ 3)Q ~ 
Q A~jH
FV A ]F`b]3\R \LCU S)e b0Ar` r @:R@: V r  nj
r: O$~
~ A A)$ A 0 |A r O [j
b$| b  W_U3\)e Ud$XZcZ]3\)e]3\KR iVW_UrzKR X ]3W~vAe 2VHr 2 A 3[ :EArQ r
`

{



h

^

W

_

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$7,"



<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

33j j 7!j0 0 0!A)~~  V~ [ 3[$ 3 a3 V$


$    r j]3ijW \0Urzt]_^h]3Y%S0ijXgU3XZcH]3\0Urz cH]rz]3x j $r
[F V&33rj
AV% 1
r)
FA'33 H1!~ [ 2|rF  a3 [ lb ~3
|3~~)FA r
W~U3\be Ud$XZcH]3\be ]3\ kbc|3\
Urz6tW~]Fd'R eecp\j V 2r 33[2>r[2b
:
:.
 A~Vj b V j 3 25 3bjjg $~ j %|2 =r A)t V
F  [$ = " % r ="  =% r  Abj|3'EFb 3
MAoAU3\
d'R ecp\kR$z ^ y'stWZU3\)cca\jLU S0e ))33!3A@ Vr V j 3
ArQ r
3j.
 A~jHE t )V$O 3V~~ A 3b |  [$
W_U3\)e Ud$XZcZ]3\)en]3\KR ijW~Urz
KnR X ]3W~vAe 2: r2> 3: :33R r
: : r
F   3, ) FA 3
j b3Fb 3 " `)R U3\
u]F]2v
]_^ W~UAcp\ `)R~]3W'xUA\
lKnR ijW~U3zKR X ,]AWvAe
)3r$ [QArV ~ j
j 5 3 kR$z ^$ystWHUA\)c|$cp\:LCU S)e | j 3  nj
j  $r   j|'
+
 j jb G % ATr3n A pA 3
0 F2 r n=A)b|F2 r |[ T~ |$ FV|  3 5 KMK )Z 2
3 V" nV
rj  $ +  V'j) 3 $ ~  A j W~U3\be'y
Ud$XZcH]A\)en]3\KR iVW_UrzKR X ]3W~vAe V r A[ F 3r:" V
R3.
 A' M)~ ) 0  A| 3 ) KR ijW~UrzKR X ]3W~vAe
V 2Q nA 2 [:EArQ r
: = 3 $ :  ~ b| :  E  r 0Mb 2F F2 ~  3
V|_ $ r ~ ~!F  $ A 0 F2 3 KnR ijW~]Fd]3Y%S0ijXZcp\j 3 A
j nrj
j  M~  $rl

j j) KnR ijW_Urzh]3YS)iVXgUAXZcH]3\ U3\0kR$z ^$y
stWZU3\)c|$cp\:[LCU S)e{ M\ \)XZW_]F3ibd$XZcH]3\ bb r g ~$:7 :
3V n
G VA < tArbV
 3F F  3 0 F2 r *
 3   ::, ,$ Fb A MAoAU3\
d'R ecp\ KR ijW~Urz \F^$]3W$y
Y[UAXZcH]3\W_]Fd'R e'ecp\:6k)xAeXTR Yle 0 )[ :))3r$% @: V ~ j
[: n
b2 D " ,3rbV 3V~ 3 3 r r r A|r%
 jA~ r " E "
|$[ZFV h MK%
rF 3j
K  )33
V r  nj
rj
%7 V'  | `)R%vR W'\R$zQXZW'cHd'vM^$]3Wn3cpeXgU3\0d R e ' FA M 3 QM 3r3A
Q3  3 %$~F 'm %b r &:
Arrj
[:
%7 V'  n V j JER~U3W'\)cp\: =cpXa` R W \
R$z e ~
3rrj
j.

V 
: 3 ?|  $ A ) FA 3 KR ijW~Urz
h]3Y%S0ijXgU3XZcH]3\ j A F33bAr V
j.
w rb b b  2 ~ &Mn 3 'VM 9
 n ) 
$[$ V a3
~)~  3 0 b n A~r 3 ZF Q h MK%
K R A0Ar @:rj
V r
Ar:
j  : t F bt   ) A )tr  3 ) r ~_ $ 3 ~)b 3 = 3
3') j]AiVW'\
U3zE]_^%LCUd'`:cp\R%JER~U3W \bcp\j3
MR e$R~U3W~d'` j)[ F> V
33R r
m3 " j r F "
%&!3[[   A|$F 3 [r% a3 [
~ b m  3~ bn ,~ 3 m  A ZFb MW'XZc ,d$cZUrz
KR ijW~Urz0KR X ,]AWvAey
h MK%K R[ 7 j 3 b033%[ FT j&33R 3
:: A )   ! 2% ~ b  $r ) A = ~ r2 3
V r 
)F2 3b&=bA$G !$  r = $~ FA~ [ F
KMK Vgr  AtArj [:
[j t%| ) , VZ %,!A[[  3%3)[ $ ~ ~
33 Ab~ KR ijW~Urz
KnR X ]3W~vAe b 2T 7 Agr V3r V


_

^

:

^

^

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$7,"1

F"cdNe

i

rV|A~~| nQ336 FjA| 3 ) a3 ! 3b~~ [V F  b


KR iVW_UrztW~]Fd'R eecp\jJQR XZXTR W e V F F>[j
33j
EM! 

P

$D/29j78.
GH;=D =V D .0DD 98=t<.0DF9j l=/ D D t9j.
;=< 2AGZ1Z9 .
<=<=Gp
D2G ;.
.0/A.
759:DF9:/A  D 9@ F9j; AGH78GHH.0/3GZD' 759j.
2=/29@:.
; 1t9 <=9:/AGZ
9j<
.
FD @ .
2D2GH@
/A.
<=GZ9j;D6<9jA@9j;&D ; D 9@ F9j; @ 2D_=;=@D2G ; 1QQG =2Z

<9jA@/AGZ1t9j5. 7 /29
9j;=9:/A.
F9:DFD2GH;= D .
;
9<=.0DF9j
D 9H.0DFDF9:/ ;9@:.
; 1t9<9:/AGZ
9j< / 7D 9 /A789:/<=.0DF9 /A7 =H.
@ AGH;
D 952Gg78GHH.0/AGHD' 759j.
2/A9.
2D2.
;=<=.0/A< 9jGZ DF9j< =@:HGH<GH.
;?759:DF/3GH@ /O.
;
=;<9:/AZEGH; <=.0D2.8<=GH2DF/AGZ1D2G 
;  D 9O@ FD_=;=@D2G ; "B 
1,9j@ 789j



 
[




 >Y

Fcd>e

F"dNe

 Z

lg

F"cdNe

^

LP

'

FdNe

9j; D2GH;=?1Q
 D 9@ 75H9j759j;&D
D2GZ
9jH /3GZDF9D GH_=;=@D2G ; .

    





^

LP

 

F"dNe

"


7

 
[

O@ 0. /3.
@DF9:/AGZ:9j D 98=/ D D'Q,9@: F 9jFDOD HG ;
 G 9 GZD
 87 GH;   ? .
;=< D 9:/ GH29 69j; DF9 1

9 @:.
; .
HDF9:/A;=.)

{j

'

:9 /29
GH HG

   


X 

 u

\

GZ
D 9:/ HG F9
D 9469j.jEGH2GH<9_=;=@D2G ; 9j@:.
gD .0D 
lQ GH9jH<=D
9 ;Q=7C1t9:/ %=/
D D t9jGg;
GH@ .0/29@: F9:/D D .
;  9 @:.
; A/ GHDF9

 t


 

 



.
;=<

 

Tf

 

? F



 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$7,

Uj

<>=@?A?AB CEDFHGC'IJ7KLB C'GEDMNIOO?P=@QQ

9 <9:/AGH).0D2GZ
9 D 9 469j.jEGH2GH<=9_=;=@D2G ; GgD 9 GZ/A.
@r_=;=@D2G ; &


9j; DF9
HG @ GH?FQ7759:DF/AGH@.
;=< ; ;&0.
;=GH GH; ;=Z /D 9GH;D
=    E    3&.
;=<51Q  .
;=<  D 9<9:/3GZ).0D2GH
9 GZD
=
=
/29j2,9j@DD  .
;=<   /A9jFt9j@D2GZ
9jZ 95<9:/3GZ).0D2GH
9 lD 98GH;DF9:
/A.
;=<
GHD /29jFt9j@D[D
 EGZ9jH<=D 9 H b GH;D  2=7878.
;<=

    F< !" 
 %% 
=
! 



j+ `



Fcd>e

'

GH@ 9 Q=.
HD 9C<=.0DF9 V3.
;=<
a

@\

 

f  ##   



#

'

GHl9 =.
g

   % %$ %
 

LP

F"d>e

a

 

F"dNe

  ~ % %$
% 

f      '&  

&
  ( % %  % % ( ' 


% %$
 %
 !.
;< % *)
 % (
/ 
( 9j;=@9D GHDF9:/A7 0.
;=GH 9j?<=9 D D 9

'

LP



'

GH@ 9 Q=.
HD 9C<=.0DF9 3.
;=<
a

F<

"

GZD /A9jFt9j@D8D

" !

 !@ Gg;=@:GH<9

 +  


LP

F"cdNe

9<9:/AGZ0.0D2GZ
9
27878.
;=<=

LP

=/ ,9:/AD2GZ9j 
EGZ9jH<=D 9D l

% 
=  % 

X

#

 f # 

LP

'

  %  =% ,  


F"dNe

GHl9 =.
g

a

 f

"

 &


'

F"dNe

  

 F

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$80

F"cdNe

V Q 
\

(

& %  % (
%  % '

U+\

6.
GH;D gG 5).
;GH 9j5<==9D D 9/ t 9:/2D2GZ9j -
9<9:/3GZ).0D2GH
9 GZD
/29j2,9j@D[D  E GZ9jH<=D 9O2=7878.
;<=

. 

 2< !" !






  #  
S

LP

&

'

% 
= %

% 
= % '

"

HG @ 9 Q=.
HD 9C<=.0DF9 3.
;=< D 9ODF9:/A78
a

XU

 
  0 

/
.
;=<

'

F"d>e

 
  0 

/

F"dNe

'

  
 .

  


9/AFD ;9O9 Q=.


H

 %


+

LP

%

LP

%   
%



a

 

 !   f

 
7

'

 & %% 

 &

LP

V 




L
P

a

  %

% 
% '

.
;=< 9j;=@9O0.
;=GH 9j 9OF9j@ ;=< ;=9O9 .
H



 


F"dNe

.
;=< 9j;=@9O0.
;=GH 9j[.
9jg



'

F"d>e

   Q

 F

( & % %    % %  ( '

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$83

 "!#%$'&(")+*x,./"01/","00"2T*3@2T67,"8+*9%$8,

Вам также может понравиться