Opieka nad poloznica i noworodkiem

background image

!"#$%&'(#)*+,(&-../0&123&4/567

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

!"#$%&'&#()*+,"#-!).'$/01&(&'(+('!%&'&#()2.3(4

#-(5.'$/0&%6%!#*72&2&8$/-,&+6"'-#$&)!.*&36)(2-!#-!&
.-9&)!)&#62!:6&/';6#<(=&>3-!<(&#("&#626+6"<-!%&2$4
%(:(&",8!)&2-!"'$&'&'(<+!.,&3-!59:#(/)-&#626+6"<(1&
3+6/!.72&("(3*(/$)#$/0=&?-!<-!"$&@+(<&3+'$:6*62(#-(&
+6"'-/72& 5,@& .$*,(/)!& .*+!.62!& 3626",)A1& 8!& 63-!4
<,#62-!& #-!& +("'A& .6@-!& '(-.*#-(;$%-& 3+6@5!%(%-=&
B&*$%&/'(.-!&2(8#(&)!.*&36%6/&36;68#!)&C+6"62-.<64

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

-&0. ( -"1$2&( / -3/&-& $.#1"#&! ) 42

,$*-#"(%#"!$%&.%,&/0$!%"1*%1$+(2%*$(-3$!$*%-1."1/%42%,-*+-.$%%

-1%0&56$%$13-!&1,$1/

,789:;7%<=>?8:@

A

B%4?CDEFG7%'7HI>7

J

B%";;7%,FKL7MF@

N

B%O?M7;P7%&MQ9:HQ@7

A

B%

"C;F:Q9@7%#9:8HFRQ@7

A

B%4:7P7%.87;@?HFK9S'7QFDM

A

B%ODQP=;7%T7EF:RQ@7

A

B%

O78?QG7H%&MQ9:HQ@F

A

A%

<7@G7>% F:MIC;F78QPH7% ?G?U;FK9?S'F;:@?M?CFK9;:C?

% T7P:>87% F:MIC;F78QPH7B%+=>9F7G%17D@%?%<>8?HFD%
% "@7>:EF7%,:>=K9;7%H%'>7RQ@D
% TF:8?H;F@V%>8%;W%E:>W%O78?QG7H%&MQ9:HQ@F

J%

+?XQ@?H7%6Y:KX7MFQP=K9;7% 89=KL?>;F7%(:@78Q@7%6 %<&<%

% TF:8?H;F@V%EC8%4?C>7;%ZIQ@F

N%

6PD>:;P%QPD>F[H%>?@P?87;K@FKL%"@7>:EFF%,:>=K9;:X%H%'>7RQ@D

89: ;<;:=>:

D!5!%&3+(/$&)!.*&3+'!".*(2-!#-!&'(<+!.,&63-!<-&.3+(262(#!)&3+'!'&36;68#A&C+6"62-.<6264+6"'-##A&#("&%(*<A&-&#626+6"<-!%&2&C+6"64
2-.<,&"6%62$%=&E("(#-!%&36;68#!)&)!.*&(<*$2#$&,"'-(;&2&+6'2-A'$2(#-,&'(-.*#-(;$/0&3+6@5!%72&2&6<+!.-!&36;6:,1&2&.3+(262(#-,&
63-!<-&#("&#626+6"<-!%&-&36;68#-/A1&!",<(/)(&36;68#-/$&-&)!)&+6"'-#$&2&'(<+!.-!&3-!59:#(/)-&-&63-!<-&#("&#626+6"<-!%=&
F6"/'(.&2-'$*&3(*+6#(862$/0&36;68#(&C+6"62-.<6264+6"'-##(&6@.!+2,)!&+6'27)&#626+6"<(&-&3+'!@-!:&36;6:,&,&%(*<-&6+('&'(36@-!:(&
2$.*A3-!#-,&%685-2$%&362-<;(#-6%=&B$<6#,)!&/6&#()%#-!)&/'*!+$&5,@&2-9/!)&2-'$*$&3(*+6#(862!&2&6<+!.-!&36;6:,1&2&'(5!8#6C/-&6"&
-#"$2-",(5#$/0&36*+'!@&36;68#-/$&-&#626+6"<(=&F6;68#(&C+6"62-.<6264+6"'-##(&3+62("'-&"6<,%!#*(/)9&2-'$*&3(*+6#(862$/01&<*7+(&
2&3+'!@-!:,&63-!<-&36;68#-/'!)&)!.*&#6C#-<-!%&-#G6+%(/)-&-&#(+'9"'-!%&<6%,#-<(/)-=&B-'$*$&3(*+6#(862!&2$<6#$2(#!&3+'!'&36;68#A&
C+6"62-.<6264+6"'-##A&.A&#-!&*$5<6&6@.!+2(/)A&3+'!@-!:,&36;6:,&,&36;68#-/$&-&+6'26),&#626+6"<(1&(5!&+72#-!8&C+6"62-.<(1&2&<*7+$%&
3+'!@$2(&%(*<(&'&#626&#(+6"'6#$%&"'-!/<-!%=

?@A%&BC"*+(3&

63-!<(1&36;68#(1&#626+6"!<=

D''E9F

H0!&(+*-/5!&/6#*(-#.&"!./+-3*-6#&6G&%!"-/(5&/(+!&6G&%6*0!+&(#"&#!25$&"!5-I!+!"&-#G(#*&@$&%-"2-G!&-#&06,.!&!#I-+6#%!#*=&J/*-I!&3(+*-/-3(4
*-6#&-.&*0!&*(.<&G6+&*0!&%-"2-G!&-#&.65I-#:&(+-.-#:&3+6@5!%.&6G&*0!&3!+-6"&6G&*0!&/6#K#!%!#*&(.&2!55&(.&2-!5"-#:&%(-#*!#(#/!&6G&*0!&#!2&
@6+#&@(@$&(#"&26%!#&-#&/6#K#!%!#*1&!",/(*-6#&6G&(@6I!&(#"&0!+&G(%-5$&-#&*0!&+(#:!&6G&#,+*,+-#:&(#"&/(+!&6G&-#G(#*=&
L,+-#:&I-.-*.&%-"2-G!&2(*/0!.&:+62*0&6G&*0!&#!2&@6+#&@(@$&(#"&/6,+.!&6G&*0!&/6#K#!%!#*&(#"&3+!I!#*.&6//,++!#/!&G6+&36..-@5!&/6%35-4
/(*-6#.=&H0!&%-"2-G!&!M!/,*!.&(*&5!(.*&G6,+&6+&%6+!&I-.-*.&2-*0-#&(&3!+-6"&6G&/6#K#!%!#*=&H06.!&I-.-*.&+,#&-#&"!3!#"!#/!&6#&-#"-I-",(5&
#!!".&6G&%6*0!+&(#"&0!+&@(@$=&H0!&%-"2-G!&3+!3(/!.&*0!&"6/,%!#*(*-6#&6G&I-.-*.&*0(*&-.&*0!&/(++-!+&6G&-#G6+%(*-6#&-#&/6,+.!&6G&%(*!+#-*$&
%(-#*!#(#/!&(#"&(&*665&6G&/6%%,#-/(*-6#=&N-.-*.&%("!&@$&%-"2-G!&(+!&#6*&6#5$&"!.-:#!"&*6&6@.!+I!&*0!&/6,+.!&6G&/6#K#!%!#*&(#"&
-#G(#*O.&:+62*0&@,*&(5.6&*0!&!#I-+6#%!#*1&-#&20-/0&*0!&%6*0!+&-.&.*($.=

G()&A@H#I3&

/(+!1&#!2@6+#1&%-"2-G!=

264+6"'-##!)1&<*7+(&363+'!'&.26)A&36%6/&'(3!2#-(&
0(+%6#-9&-&.36<7)&2&G,#</)6#62(#-,&+6"'-#$=&F6;68#(&
3+'!".*(2-(&%685-2!&+6'2-A'(#-(&'(-.*#-(;$/0&.$*,(/)-1&
!",<,)!& +6"'-/72& '& '(<+!.,& '"+62!:6& *+$@,& 8$/-(1&
K')656:--&6<+!.,&36;6:,&6+('&6<+!.,&#626+6"<62!:6=&
P/'!.*#-/'$&2&3-!59:#(/)-&#626+6"<(1&#("'6+,)!&3+(4
2-";62$&3+6/!.&3+'!@-!:,&36;6:,=&F6;68#(1&3+'!<+(4
/'()A/&3+7:&"6%6.*2(1&362-##(&2$<('(Q&.-9&2-!5<-%&

background image

!

,789:;7%<=>?8:@B%4?CDEFG7%'7HI>7B%";;7%,FKL7MF@B%O?M7;P7%&MQ9:HQ@7B%"C;F:Q9@7%#9:8HFRQ@7B%4:7P7%.87;@?HFK9S'7QFDMB%ODQP=;7%T7EF:RQ@7B%O78?QG7H%&MQ9:HQ@F

*(<*!%1&'+6',%-!#-!%&-&8$/'5-26C/-A1&(&*(<8!&'(3!2#-Q&
(*%6.G!+9&'+6',%-!#-(=&RA&*6&/!/0$&@(+"'6&36*+'!@#!&
-&36%6/#!&2&)!)&3+(/$&STU=

R$.*!%(*$/'#!& 2-'$*$& 2& %-!)./,& '(%-!.'<(#-(&

36'2(5()A&36;68#!)&36'#(Q&2(+,#<-&8$/-(&-&3+6@5!%$&
'2-A'(#!&'&63-!<A&#("&#626+6"<-!%&-&#-!%6259/-!%1&
(&*(<8!&'(35(#62(Q&'(<+!.&!",<(/)-&6"362-("()A/$&364
*+'!@6%&-&3+6@5!%6%&%(;!:6&"'-!/<(&-&)!:6&%(*<-&SVU=&

D!5!%&3+(/$&)!.*&3+'!".*(2-!#-!&'("(W&36;68#!)&

C+6"62-.<6264+6"'-##!)&2&63-!/!&#("&%(*<A&-&#6264
+6"<-!%& 2& C+6"62-.<,& "6%62$%1& 2& .'/'!:75#6C/-&
)!)&,"'-(;,&2&+6'2-A'$2(#-,&3+6@5!%72&36;68#-/'64
#626+6"<62$/0& 36"/'(.& .3+(262(#-(& 63-!<-& #("&
#626+6"<-!%&-&36;68#-/A=&

E(27"& 36;68#!)& )!.*& )!"#$%& '& #().*(+.'$/0& '(4

26"72=&J<,.'!+<-&6"&"(2#(&*62(+'$.'$;$&<6@-!*6%&
/-98(+#$%1&+6"'A/$%1&%(*<6%&-&-/0&"'-!/-6%=&E(27"&
*!#& 3+'!.'!";& 2& /-A:,& 5(*& 6:+6%#A& %!*(%6+G6'9=&
X2-(*62(&>+:(#-'(/)(&E"+62-(&2&TYZ[&+6<,&,.*(5-;(&
6"362-!"#-!& <+$*!+-(& '(26",& 36;68#!)& S\U=& P'#(#6&
%=-#=1&&8!&36;68#(]
^& *6&6.6@(1&<*7+(&'"6@$;(&2$<.'*(;/!#-!&36;68#-/'!&

6@62-A',)A/!&2&"(#$%&<+(),&-&36.-("(&<2(5-K<(/)!&
"6&3+(<*$<62(#-(&2&'(26"'-!1

^& 36.-("(& ,%-!)9*#6C/-& "6& .3+(262(#-(& 63-!<-1&

36+("#-/*2(& -& #("'6+,& #("& <6@-!*A& 2& +78#$/0&
!*(3(/0&)!)&8$/-(&6+('&6@!)%,)!&#("'6+!%&+6"'-#9&
-&C+6"62-.<6&.26-/0&3(/)!#*!<1&

^& 2$<6#,)!&"'-(;(#-(&#(&+'!/'&36+("#-/*2(&'"+626*4

#!:6&-&6C2-(*$&.(#-*(+#!)1

^& 3+(/,)!&2&.'3-*(5(/01&36+("#-(/01&3+'$/06"#-(/0&

-&2&2(+,#<(/0&"6%62$/0&S\U=&
B& '(26"'-!& 36;68#!)& .A& )(.#6& .G6+%,;62(#!&

/!5!1&'(.("$&-&*!/0#-<-&3+(/$&6+('&<+$*!+-(&"6*$/'A/!&
2$<.'*(;/!#-(&-&3+'$:6*62(#-(&"6&2$<6#$2(#-(&'("(W&
S_U=&B&F65./!&`&5-3/(&TYY[&+6<,&'(*2-!+"'6#6&P.*(29&
6& E(26"'-!& F-!59:#-(+<-& -& F6;68#!)& S`U=& E(26"$& *!&
6*+'$%(;$&6"+9@#6CQ&-&.(%6"'-!5#6CQ1&6<+!C56#6&*!8&
'(<+!.&C2-("/'!W=&P.*(56#6&%=-#=1&8!&36;68#(]
^& .3+(2,)!& 63-!<9& #("& <6@-!*A& 2& 3+'!@-!:,& /-A8$&

K')656:-/'#!)&1

^& 3+62("'-&36+7"&K')656:-/'#$1&36;7:&6+('&63-!<,)!&

.-9&#626+6"<-!%1

^& ,"'-!5(&36%6/$&2&#(:;$/0&3+'$3("<(/0&-&.*(#(/0&

'(:+68!#-(&8$/-(1&

^& '()%,)!&.-9&3+6K5(<*$<A&/06+7@&<6@-!/$/0&-&3(*64

56:--&36;68#-/'$/01&

^& 3+62("'-&"'-(;(5#6CQ&!",<(/$)#64'"+626*#A1&
^& +!(5-',)!&'5!/!#-(&5!<(+.<-!1&
^& .(%6"'-!5#-!& ,"'-!5(& 2& 6<+!C56#$%& '(<+!.-!&

C2-("/'!#-(&'(36@-!:(2/'!1&"-(:#6.*$/'#!1&5!/'4
#-/'!&-&+!0(@-5-*(/$)#!&S`U=&
E& *$/0& (<*72& 3+(2#$/0& 2$#-<(1& 8!& 36;68#(& )!.*&

6.6@A& <6%3!*!#*#A1& <*7+(& %(& .'!+6<-!& ,3+(2#-!#-(=&
R3+(2,)!&63-!<9&#("&<6@-!*A&/-98(+#A&36"/'(.&36+6",1&

6@.!+2,)!1&@("(&-&36"!)%,)!&"!/$')!1&6"&<*7+$/0&'(5!8$&
8$/-!&6+('&'"+62-!&%(*<-&-&"'-!/<(=&?(.*93#-!&#("'64
+,)!&36;68#-/9&-&#626+6"<(&2&6<+!.-!&36;6:,=& !.*&*!8&
#(,/'$/-!5!%&"5(&%;6"'-!8$1&3+'$.';$/0&%(*!<&-&6)/72&
'& '(<+!.,& !",<(/)-& '"+626*#!)1& 35(#62(#-(& +6"'-#$1&
3+'$:6*62(W&"6&36+6",1&63-!<-&#("&#626+6"<-!%=&F64
;68#(&6@!)%,)!&63-!<A&/(;A&.36;!/'#6CQ=&B&.26-/0&"'-(4
;(#-(/0&%,.-&3+'!.*+'!:(Q&3+(2&3(/)!#*(1&<*7+!&6<+!C5()A&
'(<+!.&,3+(2#-!W&-&6@62-A'<72&)!)&36"63-!/'#$/0=

L#-(&VY&3(a"'-!+#-<(&Vbb\&+6<,&c-#-.*!+&E"+62-(&

2$"(;&+6'36+'A"'!#-!&2&.3+(2-!&<.'*(;/!#-(&36"$3564
%62!:6&3-!59:#-(+!<&-&36;68#$/0=&L'-9<-&"6.<6#(5!#-,&
'(26"62!%,&;(*2-!)&%6:A&.-9&6#!&3+'$.*6.62(Q&"6&
'%-!#-()A/$/0&.-9&2(+,#<72&3+(/$1&,',3!;#-(Q&2-!"'9&
-&(<*,(5-'62(Q&.26)!&,%-!)9*#6C/-=&B.'$.*<-!&.'<65!#-(&
"5(&36;68#$/0&,%685-2-()A&-%&(2(#.&'(26"62$&S_U=&
L#-(&V&2+'!C#-(&TYYd&+6<,&c-#-.*!+&E"+62-(&-&>3-!<-&
R36;!/'#!)&2$"(;&+6'36+'A"'!#-!&2&.3+(2-!&'(<+!.,&
-&+6"'(),&C2-("/'!W&2$<6#$2(#$/0&3+'!'&36;68#A&.(4
%6"'-!5#-!1&@!'&'5!/!W&5!<(+.<-/0&S[U=&B&3+(/$&36;68#!)&
C+6"62-.<6264+6"'-##!)& 2(8#$%& !5!%!#*!%& )!.*&
6<+!C5!#-!&)!)&.(%6"'-!5#6C/-&-&'(<+!.,&.3+(262(#-(&
C2-("/'!W=&F62$8.'!&,.*(2$&-&+6'36+'A"'!#-(&"()A&)!)&
,3+(2#-!#-(&"6&36"!)%62(#-(&"'-(;(5#6C/-&'(26"62!)&
-&'6@62-A',)A&"6&6.6@-.*!)&6"362-!"'-(5#6C/-&'(&2$4
<6#(#!&"'-(;(#-(&S[U=&

F6+7"& "5(& <(8"!)& <6@-!*$& )!.*& (<*!%& 3626",4

)A/$%& 2$/'!+3(#-!& K'$/'#!& -& !%6/)6#(5#!=& F6@$*&
2&.'3-*(5,&%(&",8!&'#(/'!#-!&"5(&362+6*,&6+:(#-'%,&
"6& +72#62(:-=& >& ";,:6C/-& 3+'!@$2(#-(& 2& 6""'-(5!&
36;68#-/'$%&"!/$",)!&3+'!@-!:&36+6",1&.*(#&'"+62-(&
%(*<-&-&#626+6"<(=&><+!.&*!#&2(0(&.-9&6"&Ve\&"#-&"6&
*$:6"#-(=&F+'$&36+6"'-!&K')656:-/'#$%1&<*7+$&#(.*94
362(;&@!'&362-<;(W1&36;68#-/(&63,.'/'(&.'3-*(5&36&Ve\&
"#-(/0&6"&,+6"'!#-(&"'-!/<(=&B&%6%!#/-!&2$.*A3-!#-(&
<6%35-<(/)-&6<6;636+6"62$/0&5,@&36)(2-!#-(&.-9&-/0&
2!& 2/'!.#$%& 36;6:,& #(.*93,)!& 2$";,8!#-!& 36@$*,&
2& .'3-*(5,=& R*(#& '"+62-(& #626+6"<(& *!8& "!/$",)!&
6&";,:6C/-&3+'!@$2(#-(&2&6""'-(5!&36;68#-/'$%=& !8!5-&
2$.*A3-A&3+6@5!%$&2&("(3*(/)-&#626+6"<(&"6&#62$/0&
2(+,#<721&3+'!";,8()A/(&.-9&87;*(/'<(&K')656:-/'#(&
5,@&'@$*&2$.6<-&.3("!<&%(.$&/-(;(1&*6&*!+%-#&2$3-.,&
'!&.'3-*(5(&%68!&,5!/&'%-(#6%=&f6@-!*$&36&36+6"(/0&
'(@-!:62$/0& -& 63!+(/$)#$/0& 36'6.*()A& 2& .'3-*(5,&
";,8!)&#-8&36&36+6"'-!&K')656:-/'#$%&SdU=&

B&6@!/#$%&.$.*!%-!&6@62-A',)A/$%&2&6/0+6#-!&

'"+62-(& 36;68#A& C+6"62-.<6264+6"'-##A& 2$@-!+'!&
%;6"(& %(*<(=& F+'$)9*6& '(.("91& 8!& 362-("(%-(& 6#(&
36;68#A&6&3+'!@$*$%&36+6"'-!=&c!*6"(&-#G6+%(/)-&3-4
.!%#!)&2$.$;(#!)&3+'!'&.'3-*(5&'6.*(;(&3+(2-!&/(;<62-/-!&
'(#-!/0(#(=&B-A8!&.-9&*6&'&%685-26C/-A&2$@6+,&36;68#!)&
C+6"62-.<6264+6"'-##!)& #-!<6#-!/'#-!& '(*+,"#-6#!)&
2&#()@5-8.'!)&3+'$/06"#-&+!)6#62!)=&L5(*!:6&3(/)!#*<-&
36"/'(.&/-A8$&.A&-#G6+%62(#!&3+'!'&36;68#!&C+6"62-4
.<6264+6"'-##!1&36;68#!&3+62("'A/!&36+("#-!&f&/'$&

background image

"

& -$T"%1"*% &Z&\1-#)%-%1&+&!&*T-$,%+%]!&*&+-6T5%*&,&+2,%+%&T!$6-$% &Z&'5

.'<6;$&+6"'!#-(&6&<6#-!/'#6C/-&':;6.'!#-(&G(<*,&6"@$4
*!:6&36+6",=&c-#-.*!+&E"+62-(&6<+!C5-;&/'(.1&2&+(%(/0&
<*7+!:6& #(5!8$& 6"@$Q& 3-!+2.'A& 2-'$*9& 3(*+6#(862A&
SZU=& !.*&*6&6<+!.&T_&"#-&6"&%6%!#*,&36+6",=&F6;68#(&
C+6"62-.<6264+6"'-##(&2&*$%&/'(.-!&6@!)%,)!&63-!<A&
+6"'-#91&<*7+(&'6.*()!&36"&)!)&.'/'!:75#$%&3(*+6#(*!%&
"6&7.%!:6&*$:6"#-(&8$/-(&#626+6"<(=&F6;68#(&362-##(&
2$<6#(Q& 3+'$#()%#-!)& _& 2-'$*$& 3(*+6#(862!& SZU=&
B&3+(<*$/!&)!"#(<&*6&3(/)!#*<(&2&",8!)&%-!+'!&"!/$",)!&
6&5-/'@-!&.36*<(W1&3+6.'A/&6&#-!&5,@&6<(',)A/&@!'+("#6CQ&
2&3+6@5!%(/0&36;6:62$/0=&F6;68#(&3+636#,)!&2*!"$&
2-9/!)&#-8&/'*!+$&.36*<(#-(&SYU=&

F6"/'(.& <(8"!)& '& 2-'$*& 3(*+6#(862$/0& 36;68#(&

362-##(& '& 2-!5<-%& *(<*!%& 2<+6/'$Q& 2& C+6"62-.<6&
+6"'-##!=&>@!)%,)!&6#(&63-!<A&%(*<9&-&)!)&"'-!/<61&
(& *(<8!& 6)/(& #626+6"<(& -& 36'6.*(;$/0& /';6#<72& +64
"'-#$=&c,.-&#(2-A'(Q&<6#*(<*&'!&2.'$.*<-%-&/';6#<(%-&
*!)& 36".*(262!)& <6%7+<-& .36;!/'#!)=& B(8#$%& !5!4
%!#*!%&36"/'(.&3-!+2.'!:6&.36*<(#-(&)!.*&3+'!".*(4
2-!#-!&.26)!)&6.6@$&-&%685-26C/-&<6#*(<*,=&B&/'(.-!&
*!)& 2.*93#!)& +6'%62$& 36;68#(& '"6@$2(& ),8& 2-!"'9&
6& .*(#-!& !%6/)6#(5#$%& 36;68#-/$& -& )!)& +6"'-#$=& RA&
*6&3-!+2.'!&6@.!+2(/)!&2&<-!+,#<,&%685-26C/-&2$4
.*A3-!#-(& "!3+!.)-& 3636+6"62!)& STbU=& F6".*(262$%&
'("(#-!%& 36;68#!)& 36"/'(.& 3-!+2.'!)& 2-'$*$& 3(*+64
#(862!)& )!.*& '"6@$/-!& -#G6+%(/)-& 6& 36+6"'-!1& )!:6&
3+'!@-!:,1& 6& /-A8$1& ";,:6C/-& )!)& *+2(#-(& 6+('& 362-4
<;(W1&<*7+!&%6:;$@$&%-!Q&23;$2&#(&3+6/!.&36+6",=&
g#G6+%(/)!& '"6@$2(& 363+'!'& +6'%629& '& 36;68#-/A&
6+('& 363+'!'& 2:5A"& 2& <(+*$& 2$3-.62!& '!& .'3-*(5(=&
B(8#$%& (.3!<*!%& *!:6& 2$2-(",& )!.*& 6"#6*62(#-!&
,'$.<(#$/0&"(#$/0&2&6@62-A',)A/!)&"6<,%!#*(/)-&STU=&
F6;68#(&'(3-.,)!&-#G6+%(/)!&%=-#=]&6&%(*/!1&)!)&2-!<,1&
<65!)#6C/-& /-A81& ";,:6C/-& *+2(#-(& *!)& /-A8$1& .36.6@,&
)!)&+6'2-A'(#-(1&6&.*(#-!&#626+6"<(&-&)!:6&("(3*(/)-&
"6& #62$/0& 2(+,#<72=& F6"/'(.& +6'%62$& 362-##(&
'2+7/-Q& ,2(:9& #(& #(.*(2-!#-!& 36;68#-/$& "6& #62!)&
.$*,(/)-1&G6+%9&3+'!<('$2(#-(&3+'!'&#-A&-#G6+%(/)-1&#(&
*6&/'$&(</!3*,)!&6#(&#62A&+659&+6"'-/(1&#(&)!)&2-!"'9&
#(&*!%(*&'%-(#&'(/06"'A/$/0&2&6+:(#-'%-!1&(&*(<8!&#(&
.*6.,#!<&+6"'-#$&"6&36;68#-/$&-&%685-26C/-&,'$.<(#-(&
6"&#-/0&2.3(+/-(&STTU=

B&#(.*93#$%&!*(3-!&2-'$*$&3(*+6#(862!)&36;68#(&

6/!#-(&.*(#&6:75#$&-&36;68#-/'$=&>/!#-()A/&.*(#&6:75#$1&
%,.-&.3+(2"'-Q&%=-#=]&*9*#61&/-C#-!#-!1&*!%3!+(*,+9=&
H!%3!+(*,+(&/-(;(&362-##(&@$Q&%-!+'6#(&36"&3(/0A&
-&#-!&3+'!<+(/'(Q&\dhD&STU=&?(5!8$&,'$.<(Q&-#G6+%(/)9&
6&3+6@5!%(/0&#-!'2-A'(#$/0&'&36;6:-!%1&<*7+!&%64
:;$@$&.3626"62(Q&36"2$8.'!#-!&*!%3!+(*,+$&/-(;(1&
2$<5,/'$Q&*+'!@(&%=-#=]&@75!&39/0!+'(&/'$&#!+!<1&'(4
<(8!#-(&2-+,.62!=& !8!5-&36;68#-/(&#-!&':;(.'(&*(<-/0&
"65!:5-26C/-1&(&36"2$8.'6#(&*!%3!+(*,+(&,*+'$%,)!&
.-9&362$8!)&"+,:-!:6&"#-(&6"&36+6",1&#(5!8$&'2+7/-Q&
,2(:9&#(&%685-26CQ&2$.*A3-!#-(&'(<(8!#-(&36;6:64
2!:6&STVU=

B& "(5.'$/0& 6@.!+2(/)(/0& 36;68#(& %,.-& ,.*(5-Q&

*9*#6&3(/)!#*<-=&F62-##6&@$Q&%-(+62!1&#(3-9*!&-&,*+'$4
%$2(Q&.-9&6"&[_&"6&dZ&,"!+'!W&#(&%-#,*9&SdU=&>".*934
.*2(&6"&*!)&#6+%$&%6:A&@$Q&6@)(2!%&!%6/)6#(5#$%&
5,@&#(.,2(Q&3+'$3,.'/'!#-!&6&<6%35-<(/)(/0&36;6:,=&
?(5!8$&2*!"$&2&+6'%62-!&'&36;68#-/A&,'$.<(Q&364
*2-!+"'!#-!&2$.*9362(#-(&-##$/0&6@)(272&%6:A/$/0&
.,:!+62(Q&'(<+'!362!&'(3(5!#-!&8$;=&i"$@$&3(/)!#*<(&
36*2-!+"'(;(&2$.*A3-!#-!&*$/0&362-<;(W1&#(5!8$&.<6#4
*(<*62(Q&)A&'&5!<(+'!%&3+62("'A/$%&2&/!5,&36")9/-(&
5!/'!#-(&G(+%(<656:-/'#!:6=&>&!G!<*(/0&5!/'!#-(&#(4
5!8$& -#G6+%62(Q& 5!<(+'(=& F6;68#(& 362-##(& '2+7/-Q&
,2(:91& (@$& 362-<;(#-!& *6& #-!& '(@,+'$;6& -#265,/)-&
%(/-/$&-&5(<*(/)-=&?(5!8$&#(<;6#-Q&+6"'-#9&3(/)!#*<-&
"6&.'/'!:75#!)&36%6/$&-&63-!<-&#("&#-A&2&*$/0&#()4
*+,"#-!).'$/0&/02-5(/0&SdU=

?(.*93#A&/'$##6C/-A1&'(+72#6&36"/'(.&3-!+2.'!)&

2-'$*$& 3(*+6#(862!)1& )(<& -& <65!)#$/01& )!.*& 36%-(+&
/-C#-!#-(&*9*#-/'!:6=& !.*&6#&2(8#$%&!5!%!#*!%&/(4
;6C/-62!)&6/!#$&.*(#,&6:75#!:6&36;68#-/$=&D-C#-!#-!&
*9*#-/'!&<+2-&#-!&362-##6&3+'!<+(/'(Q&T_bjYb&%%&k:&
ST\U=& ?-!<-!"$& 36"2$8.'6#!& /-C#-!#-!& ,*+'$%,)!&
.-9& 36"/'(.& /-A8$1& (& )!:6& 2$+72#(#-!& #-!& #(.*93,)!&
36& 36+6"'-!=& F6;68#-/(& 2/'!C#-!)& 3+'$)%62(;(& 5!<-&
-&5!<(+'&3+62("'A/$&'5!/-;&-/0&,*+'$%(#-!&36&+6'2-A4
'(#-,=&J@$&%6:;(&'(<6W/'$Q&*9&*!+(3-91&36;68#(&%,.-&
'(3+636#62(Q&/6"'-!##A&<6#*+659&/-C#-!#-(&*9*#-/'!:6=&
B&!G!</-!&2$+72#(#-(&.-9&2(+*6C/-&/-C#-!#-(&*9*#-/'!:6&
5!<(+'&3+62("'A/$&%68!&'(3+636#62(Q&'(<6W/'!#-!&
*!+(3--&ST_U=&

F6"/'(.&2-'$*&3(*+6#(862$/0&36;68#(&%,.-&'2+7/-Q&

.'/'!:75#A&,2(:9&#(&(<*$2#6CQ&K'$/'#A&36;68#-/$=& !.*&
*6& 2(8#(& 6@.!+2(/)(1& '2;(.'/'(& 36"/'(.& 3-!+2.'!)&
2-'$*$& 3(*+6#(862!)=& B& +6'%62-!& #(5!8$& ,'$.<(Q&
-#G6+%(/)91& /'$& 3(/)!#*<(& 36.-("(& 2-!"'9& #(& *!%(*&
(<*$2#6C/-&36&36+6"'-!&-&)!)&'(5!*&"5(&'(/062(#-(&"64
@+!)&.$52!*<-&6+('&"5(&"6@+!:6&.*(#,&'"+62-(=&F6;68#(&
362-##(&3+'!".*(2-Q&'!.*(2&Q2-/'!W&6"362-!"#-/0&"5(&
6<+!.,&36;6:,&ST_U=&E('2$/'()&-.*#-!)!&%685-26CQ&364
'6.*(2-!#-(&,56*!<&-&-##$/0&%(*!+-(;72&!",<(/$)#$/0&
6<+!C5()A/$/0& '(<+!.& Q2-/'!W& 36& 36+6"'-!=& B& *$%&
%6%!#/-!&#(5!8$&36")AQ&+6'%629&#(&*!%(*&Q2-/'!W&
%-9C#-&f!:5(=&B-9<.'6CQ&<6@-!*&)!.*&),8&36-#G6+%64
2(#(&6&<6#-!/'#6C/-&*+!#-#:,&*$/0&%-9C#-&36&36+6"'-!=&
l2-/'!#-(&*!&2.<('(#!&.A&2&.'/'!:75#6C/-&,&<6@-!*1&
<*7+!&+6"'-;$&"+6:(%-&#(*,+$&ST_U=&

B&<65!)#!)&G('-!&2-'$*$&3(*+6#(862!)&2(8#!&)!.*&

,'$.<(#-!& -#G6+%(/)-& 6& 6""(2(#$%& 3+'!'& 3(/)!#*<9&
%6/',=& ?(5!8$& ,'$.<(Q& "(#!& 6& -56C/-& *!:6& %6/',1&
)!:6&@(+2-!&-&'(3(/0,&6+('&/'9.*6C/-&2-'$*&2&*6(5!/-!=&
P& 36;68#-/$& %6:A& 2$.*A3-Q& 2A*35-26C/-& 6"#6C#-!&
"6&'@$*&/'9.*!:6&6""(2(#-(&%6/',&ST`U=&B*!"$&364
;68#(& 362-##(& 3+'!".*(2-Q& K')656:-/'#A& 3+'$/'$#9&
'2-9<.'6#!)&"-,+!'$=&?-!<-!"$&36&36+6"'-!&2$.*93,)!&
,& 36;68#-/$& #-!*+'$%(#-!& %6/',=& F6;68#(& 362-##(&

background image

#

,789:;7%<=>?8:@B%4?CDEFG7%'7HI>7B%";;7%,FKL7MF@B%O?M7;P7%&MQ9:HQ@7B%"C;F:Q9@7%#9:8HFRQ@7B%4:7P7%.87;@?HFK9S'7QFDMB%ODQP=;7%T7EF:RQ@7B%O78?QG7H%&MQ9:HQ@F

,.36<6-Q&3(/)!#*<91&2$)(C#-()A/&)!)1&8!&%68!&*6&@$Q&
.3626"62(#!&#-!*+2(;$%&'"!G6+%62(#-!%&39/0!+'(&
%6/'62!:6&3+'!'&,/-.<&:;72<-&3;6",&2&/-A8$=&E('2$4
/'()&3+6@5!%&*!#&,.*93,)!&.(%6-.*#-!&2&6<+!.-!&<-5<,&
*$:6"#-=&g&*,*()&%68#(&3+'!".*(2-Q&*!8&<6+'$C/-&3;$#A/!&
'&2$<6#$2(#-(&.'/'!:75#$/0&Q2-/'!W&363+(2-()A/$/0&
#(3-9/-!&%-9C#-&ST`U=

F6"/'(.& +6'%62$& 36;68#(& C+6"62-.<6264+64

"'-##(&362-##(&,'$.<(Q&-#G6+%(/)9&6&2$3+78#-!#-(/0&
,& 3(/)!#*<-=& m!:,5(+#!& 6""(2(#-!& .*65/(& %(& ",8!&
'#(/'!#-!&"5(&"6@+!:6&.*(#,&36;68#-/'!:6=& !8!5-&2$4
3+78#-!#-!&)!.'/'!&#-!&#(.*A3-;61&#(5!8$&36-#G6+%62(Q&
<6@-!*9& 6& %685-26C/-& 36%6/$& G(+%(<656:-/'#!)=&
B& 6<+!.-!& 5(<*(/)-& #-!& #(5!8$& 3+'$)%62(Q& .-5#$/0&
C+6"<72& 3+'!/'$.'/'()A/$/01& :"$8& %(& *6& ,)!%#!&
.<,*<-&2&,*+'$%(#-,&<(+%-!#-(=&c68#(&'(3+636#62(Q&
'(.*6.62(#-!& /'63<72& "66"@$*#-/'$/0& 5,@& 3;$*<-!)1&
"!5-<(*#!)& 5!2(*$2$& SdU=& F6;68#(& 362-##(& '(3+6364
#62(Q&36%6/&3+'$&2$<6#$2(#-,&*!:6&'(@-!:,1&)!8!5-&
36;68#-/(&%(&3+6@5!%$&'&'(3(+/-(%-&-&'"!/$",)!&.-9&
#(&*9&G6+%9&36%6/$=&?(5!8$&)A&,.36<6-Q1&'2+(/()A/&
,2(:91&8!&'(3(+/-(&#(5!8A&"6&/'9.*$/0&362-<;(W&2&364
;6:,&-&,'#(2(#!&.A&'(&K')656:-/'#!&STVU=&

?(.*93#A&-#G6+%(/)A1&)(<A&36;68#(&%,.-&,'$.<(Q1&

)!.*&-#G6+%(/)(&6&.*(#-!&5(<*(/)-1&@+6"(2!<&6+('&3-!+.-=&
?(5!8$&'2+7/-Q&,2(:91&8!&",8!&'#(/'!#-!&2&3+6/!.-!&
2$"'-!5(#-(& %5!<(& %(& 3+'!.*+'!:(#-!& '(.("& 0-:-!#$&
-&/'$.*6C/-&+A<&ST\U=&F6;68#(&362-##(&'@("(Q&:+,/'6;$&
3-!+.-62!&<6@-!*$&36&2$+(8!#-,&3+'!'&#-A&':6"$&#(&*6&
@("(#-!=&c;6"!&%(*<-&362-##$&*!8&,'$.<(Q&-#G6+%(/)9&
6&@,"62-!&@+6"(2!<1&%685-26C/-&2$.*A3-!#-(&39<#-9Q1&
'(/'!+2-!W& 5,@& -##$/0& ,.'<6"'!W& 6+('& #-!3+(2-";64
2$/0& ':+,@-!#-(/0& 2& *<(#/!& 2$"'-!5#-/'!)& 3-!+.-=&
E%-(#$&*!&%6:A&3626"62(Q&@75&36"/'(.&<(+%-!#-(&
6+('& 36:;9@-(Q& ';A& *!/0#-<9& <(+%-!#-(& SdU=&B& 3+'$4
3("<,&2$.*A3-!#-(&*$/0&,.'<6"'!W&36;68#(&362-##(&
36-#G6+%62(Q& 36;68#-/9& 6& %!*6"(/0& 5!/'!#-(& *$/0&
'%-(#=&F+636#,)!&.-9&*,*()&/'9.*!&2-!*+'!#-!&@+6"(2!<&
6+('&.%(+62(#-!&-/0&36<(+%!%&36&<(+%-!#-(/0=&F+'$&
:;9@.'$/0& 39<#-9/-(/0& #(5!8$& .*6.62(Q& %(C/-1& .%(4
+,)A/&%-9"'$&<(+%-!#-(%-&3639<(#!&%-!)./(&@+6"(2<-&
SdU=&B&%6%!#/-!&36)(2-!#-(&.-9&<+2(2-!W&'&@+6"(2!<&
5,@&#(/-!<72&+63#$/0&36;68#(&362-##(&36-#G6+%62(Q&
36;68#-/9&6&<6#-!/'#6C/-&6".*(2-!#-(&#626+6"<(&6"&
3-!+.-&#(&6<+!.&TeV&"#-=&R*6.,)A/&2/'!C#-!)&3+'!".*(4
2-6#!&%!*6"$1&#(5!8$&"63+62("'-Q&"6&'(:6)!#-(&+(#&
#(& .,*<(/0=&B& *$%& /'(.-!& *+'!@(& +!:,5(+#-!& C/-A:(Q&
36<(+%& -& %(<+6.<63626& 6/!#-(Q& '(2(+*6CQ& <+2-=&
B&3+'$3("<,&@+(<,&'(.*+'!8!W&/6&"6&6@!/#6C/-&2$4
/-!<,& '& ,.'<6"'6#!)& @+6"(2<-& %68#(& 36<(+%& *!#&
36"(2(Q& #626+6"<62-=& i"$@$& <+2(2-!#-!& 3+'!"64
.*(2(;6& .-9& 36"/'(.& C/-A:(#-(& "6& 36<(+%,1& #(5!8$&
6<+!.626&2;A/'$Q&.'*,/'#!&<(+%-!#-!=&B&%6%!#/-!&
36)(2-!#-(& .-9& :6+A/'<-& 3+'$& *(<-/0& ,.'<6"'!#-(/0&
@+6"(2<-&<6#-!/'#(&)!.*&<6#.,5*(/)(&'&5!<(+'!%&3+64

2("'A/$%=&?(5!8(;6@$&36")AQ&5!/'!#-!&(#*$@-6*$<(%-1&
(@$& 362.*+'$%(Q& '(<(8!#-!& ST[U=& F6"/'(.& @("(#-(&
36;68#(& %68!& 2$/',Q& #-!3+(2-";62!& ':+,@-!#-(&
*<(#!<&2$"'-!5#-/'$/0&3-!+.-=&F62.*()A&#(&.<,*!<&'(4
@56<62(#-(&2$"(5(#-(&36<(+%,=&F63+'!'&/-!3;!&6<;("$&
-&"!5-<(*#!&%(.(8!&*+'!@(&.3626"62(Q&6"@56<62(#-!&
<(#(;72&2$"'-!5#-/'$/0=&B&%6%!#/-!&36)(2-!#-(&.-9&
2$.6<-!)&:6+A/'<-&-&@+(<,&+!',5*(*72&3+'$&.*6.62(#-,&
2$%-!#-6#$/0&%!*6"&36;68#(&362-##(&'(3+636#62(Q&
3(/)!#*/!& 2-'$*9& ,& 5!<(+'(& :-#!<656:(1& (@$& ,'$.<(Q&
36%6/&G(+%(<656:-/'#A&ST\U=

F6"/'(.& "(5.'$/0& +6'%72& '& 3(/)!#*<A& 36;68#(&

%,.-&,'$.<(Q&-#G6+%(/)9&6&";,:6C/-&<(+%-!W1&6&3+'!4
+2(/0& %-9"'$& #-%-1& %!*6"(/0& <(+%-!#-(1& 36#-!2(8&
#(& *!)& 36".*(2-!& %68#(& 2#-6.<62(Q& 6& 3+(2-";62!)&
5,@& #-!2$.*(+/'()A/!)& 5(<*(/)-=& F62-##(& *!8& '"6@$Q&
2-("6%6C/-&6&.*(#-!&2-!"'$&.26)!)&36"63-!/'#!)&#(&
*!%(*&.36.6@72&'2-9<.'(#-(&5,@&'%#-!).'(#-(&-56C/-&
36<(+%,=&F6;68#(&'("@(Q&*!8&%,.-&6&*61&@$&3+'!".*(2-Q&
/';6#<6%&+6"'-#$&3.$/0656:-/'#!&(.3!<*$&'(/062(W&
<6@-!*&36&36+6"'-!&e&'%#-!).'$Q&-/0&#-!/09Q&-&,%684
5-2-Q&5!3.'!&'+6',%-!#-!&'(-.*#-(;$/0&'%-(#&2&.*$5,&
8$/-(&/(;!)&+6"'-#$&STZU=&

B&/-A:,&<65!)#$/0&2-'$*&36;68#(&'2+(/(&,2(:9&

#(&3+'!@-!:&36;6:,&6+('&#(&'2-A'(#$&'&*$%&6<+!.!%&
.*(#&36;68#-/'$&e&36'$.<,)!&-#G6+%(/)9&6&6"/',/-(/0&
<6@-!*$1&6&@75(/0&'2-A'(#$/0&'!&.<,+/'(%-&3636+6"64
2$%-&/'$&+(#A&<+6/'(=&E(&':6"A&36;68#-/$&362-##(&
3+'!3+62("'-Q& @("(#-!& 6<+!C5()A/!& .*(#& -#265,/)-&
%(/-/$=& F63+'!'& ,/-.<& 362;6<& @+',.'#$/0& *,8& #("&
.36)!#-!%&;6#62$%&36;68#(&%68!&2$/',Q&"#6&%(/-/$&
-&#(&*!)&36".*(2-!&6<+!C5-Q&)!)&2$.6<6CQ&6+('&.*2-!+"'-Q1&
/'$&-#265,/)(&3+'!@-!:(&3+(2-";626&ST_U=&B(8#!&)!.*&
36#("*61& (@$& 3+'!"& @("(#-!%& <6@-!*(& 63+78#-;(& 394
/0!+'&%6/'62$1&:"$8&)!:6&2$3!;#-!#-!&%68!&'%-!#-(Q&
6@+('& 2$.6<6C/-& %(/-/$=& L(5.'!& @("(#-!& 362-##6&
6@!)%62(Q&<6#*+659&-&6/!#9&6"/06"72&36;6:62$/0=&
B.'$.*<-!& /'$##6C/-& 2$<6#$2(#!& 36"/'(.& *$/0&
'(@-!:72& 362-##$& @$Q& ':6"#!& '& '(.("(%-& (.!3*$<-&
-&(#*$.!3*$<-=&?(5!8$&3(%-9*(Q1&8!&'(.("#-/'A&/!/0A&
@-6/0!%-/'#A& 6"/06"72& )!.*& -/0& 6"/'$#& '(.("62$=&
R3+'$)(& 6#& +6'26)62-& "+6@#6,.*+6)72=& L5(*!:6& *!8&
*+'!@(&'(/062(Q&.'/'!:75#A&+6'2(:9&e&,8$2(Q&+9<(4
2-/'!<&)!"#6+('62$/0&36"/'(.&@("(#-(1&'(@!'3-!/'(Q&
',8$*$& %(*!+-(;& 0-:-!#-/'#$=& F6;68#(& 362-##(& 6<+!4
C5-Q&/0(+(<*!+&<+2(2-!#-(&-&)!:6&2-!5<6CQ=&F6%6/#!&
)!.*&*,*()&.<6#.,5*62(#-!&.-9&'&36;68#-/A1&<*7+(&,%-!&
6<+!C5-Q& 5-/'@9& ',8$*$/0& 36"3(.!<& 6+('& 3+'!".*(2-Q&
#(*98!#-!&<+2(2-!#-(=&F6"/'(.&*!:6&@("(#-(&36;68#(&
'2+(/(&,2(:9&#(&'(.("$&0-:-!#$&<+6/'(&STU=&B(8#A&+659&
6":+$2(&*,*()&/'9.*!&%$/-!&+A<&36&<6#*(</-!&'&6<65-/A&
.+6%,1&2$<6#$2(#-!&*6(5!*$&'(2.'!&2&<-!+,#<,&6"&
.36)!#-(& ;6#62!:6& "6& 6"@$*,=& ?(5!8$& ,C2-("6%-Q&
<6@-!/-!& '(.("$& -& <6#-!/'#6C/-& /'9.*!)& '%-(#$& 36"4
3(.!<=&B&3+'$3("<,&.*2-!+"'!#-(&36"/'(.&@("(#-(&-&36&

background image

$

& -$T"%1"*% &Z&\1-#)%-%1&+&!&*T-$,%+%]!&*&+-6T5%*&,&+2,%+%&T!$6-$% &Z&'5

<6#.,5*(/)-&'&3(/)!#*<A&'2-9<.'6#!)&-56C/-&6"/06"72&
6& /0(+(<*!+'!& 8$26& /'!+26#!)& <+2-& '!& .<+'!3(%-1&
#(5!8$&36")AQ&"!/$')9&6&2-'$/-!&2&6""'-(5!&36;68#-4
/'$%=& c68!& C2-("/'$Q& *6& 6&36'6.*(2-!#-,&2& )(%-!&
%(/-/$&+!.'*!<&@;6#&3;6"62$/0&5,@&;68$.<(&ST_U=&D!/0A&
+78#-/,)A/A&6"/06"$&36;6:62!&)!.*&-/0&'(3(/0=&F+'$&
362.*(;$/0&'(<(8!#-(/0&'%-!#-()A&.27)&/0(+(<*!+1&.*()A&
.-9&2*!"$&/,/0#A/!1&#-!<-!"$&+63#!=& !.*&*6&#-!36<6)A/$&
6@)(2&'(3(5!#-(&@;6#$&C5,'62!)&%(/-/$1&<*7+$&5!/'$&
.-9&G(+%(<656:-/'#-!=&F6"/'(.&*!:6&@("(#-(&36;68#(&
<6#*+65,)!&+(#9&<+6/'(&5,@&362;6<&@+',.'#$/0=&?(5!8$&
'2+7/-Q&,2(:9&#(&/'$##-<-1&<*7+!&.A&6@)(2!%&#-!3+(4
2-";62!:6&3+6/!.,&:6)!#-(&.-9&+(#$=&?(5!8A&"6&#-/0]
^& <+2(2-!#-!1& .A/'!#-!1& +63#-!& -& '(/'!+2-!#-!#-(&

6<65-/&+(#$1

^& @65!.#6CQ1&6@+'9<1&#(/-!<1&
^& :6+A/'<(&-&"+!.'/'!1
^& +6'!)C/-!&.-9&@+'!:72&+(#$&SdU=

F+'$& '(,2(8!#-,& *$/0& 6@)(272& <6#-!/'#$& )!.*&

<6#*(<*& '& 5!<(+'!%& 3+62("'A/$%& -& +6'36/'9/-!&
5!/'!#-(1& (& #-!<-!"$& 3+'!3+62("'!#-!& 36#62#!:6&
'(@-!:,& '.'$/-(& <+6/'(=& F6"/'(.& :6)!#-(& .-9& +(#$&
%6:A&2$.*A3-Q&"!5-<(*#!&'(/'!+2-!#-!#-(&6<65-/&5,@&
#-!2-!5<-!&':+,@-!#-(=&RA&*6&!G!<*$&3+6/!.,&+6'3,.'4
/'(#-(&.-9&#-/-&/0-+,+:-/'#$/0&,8$*$/0&"6&'(63(*+'!#-(&
+(#$=&?-!&)!.*&*6&3+6@5!%&#(:5A/$1&'('2$/'()&,.*93,)!&
36&3(+,&*$:6"#-(/0=&?(5!8$&'6@5-:62(Q&36;68#-/9&"6&
@(/'#-!).'!)& <6#*+65-& *$/0& /'9C/-& 362;6<& .<7+#$/0=&
?(/-9/-!&362.*(;!&36"/'(.&36+6",&%68!&3626"62(Q&
'#(/'#!& "65!:5-26C/-& @7562!=& F6;68#(& %68!& '(3+64
36#62(Q&2$<6#(#-!&*6(5!*$&'&,8$/-!%&6:75#6"6.*934
#$/01&'-6;62$/0&C+6"<72&;(:6"'A/$/0&"65!:5-26C/-=&
F+'$& ",8$%& #(*98!#-,& @75,& 3(/)!#*<(& %68!& 3+'$)AQ&
C+6"!<&G(+%(<656:-/'#$=&E!&2':59",&#(&'#-<6%!&6"4
"'-(;$2(#-!&#(&5(<*(/)9&-&#626+6"<(&365!/(#!&.A&C+6"<-&
#(&@('-!&3(+(/!*(%65,=&L,8A&,5:9&3+'$#6.-&*!8&'%-(#(&
36'$/)-&.-!"'!#-(&/'$&5!8!#-(1&/6&3626",)!&6"/-A8!#-!&
%-!)./(&#(/-9/-(&SdU=&

F6"/'(.&"(5.'$/0&/'$##6C/-&36;68#(&C+6"62-.<64

264+6"'-##(&'@-!+(&-#G6+%(/)9&6&"-!/-!&3(/)!#*<-=&c,.-&
'2+7/-Q&,2(:9&#(&)!)&2-!"'9&'&*!:6&'(<+!.,=&c;6"(&
%(*<(&362-##(&@$Q&'6+-!#*62(#(1&8!&)!)&)(";6.3-.&364
2-#-!#&'(2-!+(Q&2-9<.'!&-56C/-&@-(;<(1&29:5626"(#721&
626/721&2(+'$2&-&2-*(%-#=&?(5!8$&3+'$36%#-!Q&)!)&
6&3+6",<*(/01&<*7+!&362-##$&@$Q&2&'#(/'#$%&.*63#-,&
6:+(#-/'6#!1& )(<& #3=]& 2(+'$2(& <(3,.*#!1& 3+6",<*$&
'&",8A&-56C/-A&3+'$3+(21&626/!&/$*+,.62!=&F626",)A&
6#!&(5!+:-'(/)9&6+:(#-'%,&#626+6"<(1&(&*(<8!&"65!:5-4
26C/-&)!5-*62!=&F6;68#(&362-##(&3+'!".*(2-Q&%(*/!&
#-!<6+'$.*#!& .<,*<-& 3(5!#-(& 3+'!'& #-A& 3(3-!+6.721&
#(",8$2(#-(&(5<6065,&/'$&3-/-(&2&#("%-!+#!)&-56C/-&
<(2$=&F6;68#-/(&362-##(&3+'$)%62(Q&2-9/!)&3;$#721&
#(2!*&"6&V1`e\&5-*+72&"'-!##-!=&c(&*6&'#(/'!#-!&"5(&
,*+'$%(#-(&3+(2-";62!)&5(<*(/)-&6+('&36<+$/-(&'(364
*+'!@62(#-(&6+:(#-'%,=&?(5!8$&)!"#(<&,#-<(Q&3;$#72&

:('62(#$/01& <*7+!& %6:A& 3626"62(Q& "65!:5-26C/-&
)!5-*62!&,&#626+6"<(&STYU=&

F6"/'(.&2-'$*$&3(*+6#(862!)&36;68#(&3+'!<(',)!&

3(/)!#*/!&-#G6+%(/)!&#(&*!%(*&+!0(@-5-*(/)-&-&362+6*,&
"6& G6+%$& K'$/'#!)=& F+636#62(#!& Q2-/'!#-(& %()A&
23;$2&#(&<+A8!#-!&<+2-1&,<;("&6""!/062$1&%-9C#-!&
"#(&%-!"#-/$1&@+',/0(&/'$&:+'@-!*,=&B&3+636'$/)(/0&
%,.'A&'#(5!aQ&.-9&'!.*(2$1&<*7+!&%68#(&2$<6#$2(Q&
2&3-!+2.'$/0&"#-(/0&-&*$:6"#-(/0&36;6:,=&F+'$&<65!)4
#$/0&2-'$*(/0&3(*+6#(862$/0&36;68#(&365!/(&<65!)#!&
'!.*(2$& Q2-/'!W1& @(+"'-!)& '((2(#.62(#!=& F62-##(&
*!8&36"<+!C5-Q1&8!&*$5<6&+!:,5(+#!&Q2-/'!#-(&3+'$#6.'A&
368A"(#!&!G!<*$&SVbU=&

B& <65!)#$%& !*(3-!& 2-'$*$& 3(*+6#(862!)& 364

;68#(&"6<6#,)!&+6'36'#(#-(&3+6@5!%72&'2-A'(#$/0&
'& 3-!59:#(/)A& "'-!/<(& SVTU=& f6@-!*$& #()/'9C/-!)&
3+6.'A&6&6"362-!"a&#(&2-!5!&3$*(W&'&*!:6&'(<+!.,=&
m6'%62(&*(&%(&/0(+(<*!+&!",<(/)-1&2&<*7+!)&@(+"'6&
/'9.*6&,/'!.*#-/'A&-##-&/';6#<62-!&+6"'-#$=&F62.*()A&
2*!"$& ,.*(5!#-(& "6*$/'A/!& "(5.'!:6& 36.*9362(#-(&
3-!59:#(/$)#!:6=& F+'$& <65!)#$/0& 2-'$*(/0& %68#(&
'(6@.!+262(Q& !G!<*$& *$/0& "!/$')-=& !.*& *6& /'(.1&
2& <*7+$%& 36;68#(& !",<,)!& 3(/)!#*<9& -& )!)& +6"'-#9&
#(& *!%(*& '%-(#& '(/06"'A/$/0& 2& +6"'-#-!1& %685-4
26C/-&2'()!%#!)&36%6/$=&F(/)!#*<(&36"/'(.&2-'$*&
3(*+6#(862$/0&362-##(&%-!Q&%685-26CQ&,'$.<(#-(&
-#G6+%(/)-&6"&36;68#!)&6&.36.6@-!&<6#*(<*,&'&#-A&6+('&
-##$%-& /';6#<(%-& '!.36;,& *!+(3!,*$/'#!:6=& !.*& *6&
2(8#$&!5!%!#*&"5(&,'$.<(#-(&3+'!'&<6@-!*9&.36<6),&
!%6/)6#(5#!:6=& ?(5!8$& 36-#G6+%62(Q& 36;68#-/9&
6&<6#-!/'#6C/-&2-'$*&<6#*+65#$/0&,&5!<(+'(&:-#!<64
56:(=&F-!+2.'(&362-##(&6"@$Q&.-9&2&[&*$:6"#-,&36&
36+6"'-!n&*+'!@(&272/'(.&2$<6#(Q&@("(#-(&:-#!<64
56:-/'#!&-&5(@6+(*6+$)#!1&<*7+!&6<+!C5A&.*(#&'"+62-(&
36;68#-/$&SVVU=&

F62+7*&"6&"6%,&%(*<-&-&"'-!/<(&36&36+6"'-!&)!.*&

2(8#$%&2$"(+'!#-!%&2&8$/-,&+6"'-#$=&F6"/'(.&36@$*,&
#(&6""'-(5!&36;68#-/'$%&36;68#-/(&6*+'$%(;(&36".*(4
262!&3+'$:6*62(#-!&"6&63-!<-&#("&#626+6"<-!%=&F64
;68#(&36"/'(.&3-!+2.'!)&2-'$*$&3(*+6#(862!)1&362-##(&
'2+7/-Q&,2(:9&#(&2(+,#<-&56<(562!1&2&)(<-/0&3+'!@$2(&
#626+6"!<1&'(6@.!+262(Q1&/'$&"'-!/<6&36.-("(&2;(.#!&
;78!/'<6&2&6""'-!5#$%&36%-!.'/'!#-,&5,@&2&36<6),&
+6"'-/721&/'$&2&"6%,&)!.*&2$"'-!56#!&%-!)./!&"6&3-!594
:#(/)-&#626+6"<(1&*(<-!&)(<]&3+'!2-)(<1&.*65-<=&B&%-!)./,&
*$%&362-##$&.-9&*!8&'#()"62(Q&3+'$@6+$&<6.%!*$/'#!&
"6&3-!59:#(/)-&"'-!/<(1&)(<&#3=]&3-!5,.'<-1&6"362-!"#-!&
%(C/-&/'$&/0,.*!/'<-&"6&3-!59:#(/)-&36C5("<72=&?(5!8$&
'2+7/-Q& ,2(:9& #(& *!%3!+(*,+9& 362-!*+'(1& )!:6& 2-54
:6*#6CQ& -& C2-!86CQ=& F6;68#(& 362-##(& '(6@.!+262(Q&
2(+,#<-&0-:-!#-/'#!&3(#,)A/!&2&C+6"62-.<,&"6%62$%=&
D'$.*6CQ& )!.*& 2(8#$%& /'$##-<-!%& '(36@-!:()A/$%&
2$.*9362(#-,&'(<(8!W=&>"362-!"#-!&2(+,#<-&"6%62!&
:2(+(#*,)A&3+(2-";62$&+6'27)&#626+6"<(&6+('&'(3!24
#-()A&%,&36/',/-!&@!'3-!/'!W.*2(&SdU=

background image

%

,789:;7%<=>?8:@B%4?CDEFG7%'7HI>7B%";;7%,FKL7MF@B%O?M7;P7%&MQ9:HQ@7B%"C;F:Q9@7%#9:8HFRQ@7B%4:7P7%.87;@?HFK9S'7QFDMB%ODQP=;7%T7EF:RQ@7B%O78?QG7H%&MQ9:HQ@F

F6"/'(.&3-!+2.'!)&2-'$*$&3(*+6#(862!)&36;68#(&

362-##(& 3+'!3+62("'-Q& 2$2-("& "6*$/'A/$& #6264
+6"<(=&B&+6'%62-!&'&%(*<A&#(5!8$&,.*(5-Q&*(<-!&!5!4
%!#*$1&)(<]
^& ";,:6CQ&*+2(#-(&/-A8$1
^& /!/0$&36+6",1&*)=&)!:6&3+'!@-!:1
^& .36.7@&+6'2-A'(#-(&/-A8$1
^& 6"@$*!&'(@-!:-&36&36+6"'-!1
^& 2$<6#(#!&@("(#-(&5(@6+(*6+$)#!&SdU=

?(5!8$&*(<8!&,'$.<(Q&"(#!&6&2("'!&#626+6"<(1&

)!:6&2-!5<6C/-1&6/!#-!&2&.<(5-&J3:(+&-&'(@-!:(/01&*)=&
)(<-!&'(@-!:-&@$;$&2$<6#(#!&,&#626+6"<(1&#3=]&6"C5,4
'62$2(#-!1&+!.,./$*(/)(1&36@$*&2&-#<,@(*6+'!1&36"(4
2(#!& 5!<-=& F6;68#(1& <6+'$.*()A/& '& <(+*& 2$3-.62$/01&
362-##(& '6+-!#*62(Q& .-9& 6& 6"@$*$/0& .'/'!3-!#-(/01&
@("(#-(/0& *!.*62$/0& /'$& 2$<6#$2(#$/0& '(@-!:(/0&
o)(<&#3=&'(@-!:&D+!"!:6p=&?(5!8$&,.*(5-Q&";,:6CQ&36@$*,&
%(*<-&-&"'-!/<(&#(&6""'-(5!&36;68#-/'$%&2&.$.*!%-!&
+66%-#:4-#=&B&*+(</-!&*!)&+6'%62$&36;68#(&%(&%685-4
26CQ&6/!#$&.*63#-(&2-!"'$&36;68#-/$&#(&*!%(*&'"+62-(&
#626+6"<(&-&)!:6&3-!59:#(/)-=&?(5!8$&'(6@.!+262(Q&
-#*!+(</)!& %(*<-& -& "'-!/<(& 6+('& )!)& .*(#& 3.$/0-/'#$&
-& %685-26C/-& 3+'$.*6.62(#-(& .-9& "6& +65-& +6"'-/(=&
F6"/'(.& *$/0& +6'%72& 36;68#-/(& 362-##(& 2.<('(Q&
3+6@5!%$&-&.$*,(/)!1&'&<*7+$%-&.6@-!&#-!&+("'-=&F6;68#(&
362-##(&"6<,%!#*62(Q&3+'!@-!:&*!:6&2$2-(",1&:"$8&
36"/'(.&<65!)#$/0&2-'$*&"(#!&*!&36.;,8A&"6&<6#*+65-&
-& 6/!#$& +6'26),& #626+6"<(& 6+('& 3+'!@-!:,& 3+6/!.,&
3-!59:#(/$)#!:6&SV\U=&

f65!)#$%&!*(3!%&<(8"!)&'&2-'$*&3(*+6#(862$/0&

)!.*&@("(#-!&-&6@.!+2(/)(&#626+6"<(1&3+'!3+62("'6#!&
'(& ':6"A& %(*<-=& F6;68#(& %,.-& '(/062(Q& 2.'!5<-!&
2$%6:-&(.!3*$<-&-&(#*$.!3*$<-1&*)=&3+'!"&<6#*+65A&#64
26+6"<(&36;68#(&362-##(&,%$Q&+9/!1&'"!'$#G!<62(Q&
6+('& ,8$Q& +9<(2-/'!<& )!"#6+('62$/0=& F6"/'(.& *$/0&
/'$##6C/-& 362-##(& *(<8!& 36,/'$Q& 3(/)!#*<9& 6& <64
#-!/'#6C/-&3+'!.*+'!:(#-(&/'$.*6C/-&36"/'(.&3-!59:#(/)-&
#626+6"<(=&m6'36/'$#()A/&@("(#-!1&36;68#(&362-##(&
6@.!+262(Q&#626+6"<(]
^& )!C5-&C3-1&%,.-&'2+7/-Q&,2(:9&#(&6""!/0$1&+!(</)9&

#(& "a2-9<-& -& "6*$<1& '(@(+2-!#-!& 362;6<& .<7+4
#$/01

^& )!C5-&)!.*&#-!.36<6)#$&-&3;(/'!1&362-##(&'2+7/-Q&

,2(:9&#(&6""!/0$1&!2!#*,(5#A&.-#-/9&#(&*2(+'$&
/'$&#(&6"+,/0$&#626+6"<(&SZU=
B(8#$%&!5!%!#*!%&*!:6&@("(#-(&)!.*&6<+!C5!#-!&

3+(2-";62!)& *!%3!+(*,+$& /-(;(& #626+6"<(=& E(/'AQ&
#(5!8$& 6"& <6#*+65-& ,@-6+,& /'$& -56C/-& -& )(<6C/-& 6<+$Q&
#626+6"<(=&?(5!8$&*!8&'2+7/-Q&,2(:9&#(&'(@(+2-!#-!&
362;6<&.<7+#$/0=&B&*$%&/!5,&%(*<(&362-##(&+6'!@+(Q&
#626+6"<(=& F6"/'(.& *$/0& /'$##6C/-& 36;68#(& %68!&
'6+-!#*62(Q&.-91&/'$&%(*/!&#-!&.3+(2-(&*6&*+,"#6C/-1&
)(<& +("'-& .6@-!& '& 3+'!2-)(#-!%& SV_U=& R<7+(& "'-!/<(&
2& 3-!+2.'$/0& "#-(/0& 36& 36+6"'-!& @$2(& )!.'/'!& '(4
87;/6#(=&F6;68#(&362-##(&6/!#-Q&-#*!#.$2#6CQ&*!:6&

'(87;/!#-(&%!*6"A&f(%!+(=&F+'$&.-5#$%&'(@(+2-!#-,&
.<7+$& 362-##(& '(3+636#62(Q& %(*/!& /'9.*!& 3+'$4
.*(2-(#-!& "'-!/<(& "6& 3-!+.-& !2!#*,(5#-!& C/-A:(#-!&
36<(+%,& -& 3(.*!+$'62(#-!& :6=& H(<& 3+'$:6*62(#$&
-&36"(#$&36<(+%&3626",)!&,#-!/'$##-!#-!&@-5-+,@-#$&
-& .'$@.'$& .3("!<& )!)& 36'-6%,& 2!& <+2-& SdU=& !8!5-&
36;68#(& '"-(:#6',)!& @(+"'6& -#*!#.$2#$& 3+'!@-!:&
87;*(/'<-1& %,.-& '(5!/-Q& <6#*(<*& '& 5!<(+'!%& 3!"-(*+A=&
B$<6#,)!& .-9& 2*!"$& @("(#-(& 5(@6+(*6+$)#!& 6<+!C5(4
)A/!&36'-6%&@-5-+,@-#$1&(&3+'$&)!:6&@(+"'6&2$.6<-%&
36'-6%-!&.*6.,)!&.-9&G6*6*!+(3-9&#626+6"<(&#(&6""'-(5!&
.'3-*(5#$%&SV`U=&F+'$&%(;6&-#*!#.$2#$%&'(@(+2-!#-,&
362;6<& .<7+#$/0& 36;68#(& 36"/'(.& <65!)#$/0& 2-'$*&
362-##(&.<6#*+6562(Q&#(*98!#-!&-&*!+%-#&/6G(#-(&.-9&
87;*(/'<-&K')656:-/'#!)=&q7;*(/'<(&,.*93,)!&#()3-!+2&
'!&.<7+$&<6W/'$#&:7+#$/0&-&"65#$/01&363+'!'&*,;72&
-&2&<6W/62$%&!*(3-!&,.*93,)!&'!&.<7+$&*2(+'$&#6264
+6"<(=&L'-9<-&*!)&<65!)#6C/-&%68#(&'(6@.!+262(Q&!*(3&
*+2(#-(&87;*(/'<-&K')656:-/'#!)&SV`U=&

B&#(.*93#!)&<65!)#6C/-&36"/'(.&2-'$*$&3(*+6#(4

862!)&36;68#(&362-##(&6/!#-Q&2$:5A"&-&'%-(#$&:;72<-&
#626+6"<(=&F6"/'(.&36+6",&"6/06"'-&"6&6"<.'*(;/!W&
<6C/-& #(& .<,*!<& 3+'!/06"'!#-(& :;72<-& 3+'!'& <(#(;&
+6"#$=&F+'$&<6%35-<(/)(/0&36"/'(.&36+6",&%68!&"6)CQ&
"6&362.*(#-(&<+2-(<(&#(&:;72/!&"'-!/<(=&R*(#&*!#&3+'$&
3+'!@-!:,& K')656:-/'#$%& ,.*93,)!& .(%6-.*#-!& -& 364
;68#(&362-##(&6&*$%&36-#G6+%62(Q&%(*<9=&B(8#!1&@$&
3+'!".*(2-;(&%(*/!&<6#-!/'#6CQ&6@.!+2(/)-&-&<6#*+65-&
2-!5<6C/-& *!:6& <+2-(<(1& ,*+'$%(#-(& :;72<-& 2& /'$4
.*6C/-&6+('&@$&'(5!/-;(&#-!,<;("(#-!&"'-!/<(&#(&.*+6#-!&
'& 2$.*93,)A/$%& <+2-(<-!%=& >"<.'*(;/!#-(& <6C/-&
/'(.'<-&3626",)A/!&'#-!<.'*(;/!#-!&:;72<-&,.*93,)A&
.(%6-.*#-!=&E("(#-!%&36;68#!)&)!.*&,.36<6-Q&36;68#-/9&
-&3+'!".*(2-Q&)!)&K')656:-9&*!)&.$*,(/)-&STVU=

m6'@-!+()A/& #626+6"<(1& %(*<(& 363+'!'& "6*$<&

+6'@,"'(& "'-!/<6=& F6;68#(& 362-##(& '(6@.!+262(Q&
6"+,/0$&#626+6"<(&#(&.*$%,5(/)9&"6*$<62A=&E('2$4
/'()&"'-!/<6&)!.*&#(&*$5!&+6'@,"'6#!1&8!&6*2-!+(&6/'$&
-&%68#(&.3+(2"'-Q&'%-(#$&2&:(;<(/0&6/'#$/0=&E%-(#$&
362.*(;!&#(&.<,*!<&#-!"6*5!#-!#-(&3+'$&36+6"'-!&6@)(4
2-()A&.-9&<+2(2$%-&2$5!2(%-=&P.*93,)A&.(%6-.*#-!&
-&#-!&2$%(:()A&5!/'!#-(=&F6%6/$&3-!59:#(/$)#!)&2$4
%(:(&#(*6%-(.*&-#G!</)(&:(;!<&6/'#$/0&'&6@!/#6C/-A&
2$"'-!5-#$&+63#!)=&F6;68#(&362-##(&3+'!".*(2-Q&%(*/!&
*!/0#-<9&3+'!%$2(#-(&6/'!<&6+('&C+6"<-&5!/'#-/'!1&)(<&
#3=&.75&K')656:-/'#(1&<*7+A&%68#(&2&*$%&3+'$3("<,&
'(.*6.62(Q&SV[U=

f65!)#$%& !5!%!#*!%& 2-'$*$& 3(*+6#(862!)& )!.*&

6@.!+2(/)(&.*(#,&#6.<(&"'-!/<(=&?(5!8$&'2+7/-Q&,2(:9&
#(& /0(+(<*!+& 6""!/0,& 3+'!'& #6.=& !8!5-& )!.*& .(3-A/$1&
6'#(/'(&*6&2$.,.'!#-!&@;6#$&C5,'62!)&#6.(=&F6;68#(&
362-##(&272/'(.&36<('(Q&%(*/!&%685-26C/-&#(2-54
8(#-(&6*6/'!#-(&"'-!/<(1&(@$&'%#-!).'$Q&"65!:5-26C/-=&
B&3+'$3("<,&2$.*A3-!#-(&2$"'-!5-#$&'&#6.<(1&#(5!8$&
,.,#AQ& )A& '(& 36%6/A& 3(*$/'<(& 0-:-!#-/'#!:6& 5,@&

background image

&

& -$T"%1"*% &Z&\1-#)%-%1&+&!&*T-$,%+%]!&*&+-6T5%*&,&+2,%+%&T!$6-$% &Z&'5

:+,.'<-=& c(*<(& 362-##(& ,'$.<(Q& -#G6+%(/)9& 6"& 364
;68#!)&6&'(.("(/0&2$<6#$2(#-(&*$/0&'(@-!:72&SVdU=&

f65!)#!&/'$##6C/-&36"/'(.&@("(#-(&#626+6"<(&*6&

<6#*+65(&/'$.*6C/-&)(%$&,.*#!)&,&"'-!/<(=&?(&.<,*!<&
#-!3+(2-";62!)&3-!59:#(/)-&%6:A&36)(2-Q&.-9&*(%&@-(;!&
#(56*$1&'2(#!&35!C#-(2<(%-=&?-!5!/'6#!&#(.-5()A&.-91&
,*+,"#-()A& 36;$<(#-!& -& %6:A& 3626"62(Q& -#G!</)9=&
F6;68#(&362-##(&'(3+636#62(Q&%(*/!&'(.*6.62(#-!&
5!<72& '& *!*+(@6+(#!%& .6"62$%1& 2$)(C#-Q& <6#-!/'4
#6CQ& 2$<6#$2(#-(& *!:6& '(@-!:,& 6+('& 36%7/& 3+'$&
3-!+2.'$/0&/'$##6C/-(/0=&B&3+'$3("<,&#-!,.*A3-!#-(&
"65!:5-26C/-&%(*<(&362-##(&':;6.-Q&.-9&'&"'-!/<-!%&
"6&5!<(+'(&3!"-(*+$&SVdU=&

?(.*93#$%& !5!%!#*!%& @("(#-(& )!.*& <6#*+65(& +,4

/06%6C/-&<6W/'$#&:7+#$/0&-&"65#$/01&.36-.*6CQ&<6C/-&
.*(2,& @(+<62!:6=&B& 3+'$3("<,& ,*+,"#-6#!)& +,/064
%6C/-& 5,@& .*2-!+"'6#!)& %(<+6.<63626& #-!+72#6C/-&
@(+<,& -& 6<65-/& %68!& #(.*A3-Q& 36"!)+'!#-!& ';(%(#-(&
<6C/-=& F6;68#(& 362-##(& 3+'!3+62("'-Q& '& %(*<A&
"'-!/<(& "6<;("#-!).'A& +6'%629& '& ,2':59"#-!#-!%&
6<65-/'#6C/-1&2&<*7+$/0&%6:;6&#(.*A3-Q&*6&362-<;(#-!=&
B&2-9<.'6C/-&3+'$3("<72&';(%(#-!&#(.*93,)!&36"/'(.&
36+6",&-&36;68#-/(&2&.'3-*(5,&'6.*()!&),8&36-#G6+%64
2(#(& 6& <6#-!/'#6C/-& 6"362-!"#-!:6& 3-!59:#62(#-(&
#626+6"<(=& ?(5!8$& *,& '2+7/-Q& ,2(:9& #(& "!5-<(*#!&
2$<6#$2(#-!&/'$##6C/-&3+'$&"'-!/<,1&#(&#-!,<;("(#-!&
:6&#(&,.'<6"'6#$%&@(+<,=&F6"/'(.&<65!)#$/0&2-'$*&
3(*+6#(862$/0& 36;68#(& 362-##(& '"-(:#6'62(Q& +,4
/06%6CQ&<6W/'$#&"'-!/<(&6+('&6/!#-Q&3+(2-";626CQ&
'+6.*,&<6W/'$#&STVU=&

f65!)#A& /'$##6C/-A& 2-'$*$& 3(*+6#(862!)& )!.*&

.<6#*+6562(#-!&3+'!'&36;68#A&.*(#,&:+,/'6;72&.,*<64
2$/0=&?(&.<,*!<&"'-(;(5#6C/-&06+%6#72&%68!&#(.*A3-Q&
6@+'9<&@+6"(2!<1&(&#(2!*&2$/-!<&.-(+$=&R*2-!+"'()A/&
*(<-& 6@+'9<1& 36;68#(& %,.-& ,.36<6-Q& %(*<9& "'-!/<(1&
-#G6+%,)A/& )A& 6& K')656:--& *!:6& 3+6/!.,=& >@+'9<& *!#&
'('2$/'()&,.*93,)!&.(%6-.*#-!&2&/-A:,&<-5<,#(.*,&"#-&
-&#-!&2$%(:(&5!/'!#-(&SdU=

B(8#$%& !5!%!#*!%& @("(#-(& 3(*+6#(862!:6& )!.*&

6@.!+2(/)(&3+6/!.,&2$.$/0(#-(&<-<,*(&39362-#62!:6=&
D'$##6CQ& '2-A'(#(& '& )!:6& 3-!59:#(/)A& 3+'$.3(+'(&
%(*<6%& #()2-9/!)& 3+6@5!%72=& F6;68#(& 362-##(&
6%72-Q& G-')656:-/'#$& 3+'!@-!:& *!:6& 3+6/!.,& 6+('&
.<6#*+6562(Q&.*(#&<-<,*(&39362-#62!:6&-&"#(&393<(&
,& #626+6"<(& STU=& F62-##(& *!8& '2+7/-Q& ,2(:91& /'$&
36;68#-/(&36.-("(&6"362-!"#-!&3+!3(+(*$&"6&*!:6&*$3,&
'(@-!:72=& ?()/'9C/-!)& ,8$2(#$& )!.*& db43+6/!#*62$&
.3-+$*,.&6+('&+6'*27+&:!#/)(#$&#(&.3-+$*,.-!=&E(&364
%6/A& 3(*$/'<(& 0-:-!#-/'#!:6& 36;68#(& '6@62-A'(#(&
)!.*& 36<('(Q& %(*/!& <65!)#!& !5!%!#*$& *!:6& '(@-!:,=&
B&/!5,&,*+2(5!#-(&-&#(@+(#-(&3!2#6C/-&.-!@-!&36;68#-/(&
362-##(&362*7+'$Q&*!&/'$##6C/-&S_U=&

B& #(.*93#$%& !*(3-!& @("(#-(& #626+6"<(& *+'!@(&

'2+7/-Q&,2(:9&#(&36C5("<-&"'-!/<(1&.'/'!:75#-!&#(&.*(#&
.<7+$1&)!)&'(/'!+2-!#-!#-!&6+('&3-!59:#(/)9=&L'-!/<6&

<(+%-6#!&3-!+.-A&6""()!&/'9.*!&.*65/!&e&ZeTb&+('$&#(&
"6@9=&H(<-&.*(#&%68!&3626"62(Q&"65!:5-26C/-&@7562!=&
L5(*!:6& *!8& 36;68#(& 362-##(& 36-#G6+%62(Q& %(*<9&
6& 3+(2-";62!)& 3-!59:#(/)-& 36C5("<72& #626+6"<(1&
<6#-!/'#6C/-&.*6.62(#-(&<+!%72&-&%(C/-=&B(8#!&)!.*&
6%72-!#-!&'(.("&*6(5!*$&,&"'-!2/'$#!<1&/'$5-&%$/-(&
36C5("<72& 6"& .*+6#$& .+6%,& <,& 6"@$*62-=& F6"/'(.&
"(5.'!)&+6'%62$&'&%(*<A&36;68#(&362-##(&,'$.<(Q&
-#G6+%(/)91&)(<&/'9.*6&#626+6"!<&6""()!&%6/'=&>@4
.!+2(/)!&%(*<-&.A&@(+"'6&36%6/#!&2&6/!#-!&"-,+!'$n&&
362-##(&6#(&36-#G6+%62(Q&36;68#A&6&/'9.*6C/-&6"4
"(2(#!:6&%6/',1&6&'(3(/0,&5,@&-##$/0&/'$##-<(/0&
2'@,"'()A/$/0&)!)&#-!36<7)&SdU=&

F6"/'(.&@("(#-(&2(8#!&)!.*&.3+(2"'!#-!&*!%3!4

+(*,+$& /-(;(& #626+6"<(=& F62-##(& @$Q& %-!+'6#(& 36"&
3(/0A&5,@&2&6"@$/-!1&#(5!8$&3(%-9*(Q1&(@$&6"&2$#-<,&
%-!+'!#-(&6")AQ&b1`hD=&F+'$&.<6<,&/-!3;6*$&/-(;(&"6&
\YhD&e&*+'!@(&,'$.<(Q&-#G6+%(/)91&/'$&)!.*&*6&.*(#&'(6@4
.!+262(#$&2&/02-5-&6@!/#!)=&P&#626+6"<72&-.*#-!)!&
%685-26CQ&K')656:-/'#!:6&36"2$8.'!#-(&*!%3!+(*,+$&
/-(;(1&(5!&#(.*93,)!&*6&'('2$/'()&2&\e_&"6@-!&8$/-(=&
!8!5-& *!#& .*(#& ,*+'$%,)!& .-9& 6"& 36@$*,& 2& .'3-*(5,1&
#(5!8$&2#-6.<62(Q&6&%685-26C/-&2$.*A3-!#-(&-#G!</)-&
,&#626+6"<(&SdU=

?(&.<,*!<&3+'!:+'(#-(&#(&.<7+'!&"'-!/<(&%6:A&364

)(2-Q&.-9&36*72<-=&RA&*6&"+6@#!&39/0!+'$<-1&36"6@#!&"6&
<+63!5&+6.$=&B&3+'$3("<,&-/0&'(6@.!+262(#-(&36;68#(&
362-##(& 2$)(C#-Q& %(*/!& '(.("$& 3+(2-";62!)& 3-!594
:#(/)-1&"@(#-(&6&/'$.*6CQ&.<7+$=&B&.*(#(/0&'(6:#-!#-(&
39/0!+'$<-&#(5!8$&C/-!+(Q&.3-+$*,.!%&-&"6@+'!&6.,.'(Q&
.<7+9=&F6;68#(&362-##(&36<('(Q&%(*/!&)(<&3+(2-";626&
2$<6#(Q&*!#&'(@-!:=&F+'$&<65!)#$/0&2-'$*(/0&3(*+6#(4
862$/0&#(5!8$&'(6@.!+262(Q1&/'$&.<7+(&"'-!/<(&2+(/(&
"6&#6+%$=&>3+7/'&36*72!<&#(&.<7+'!&#626+6"<(&/'9.*6&
2$.*93,)A&:+,"<-&'&/'!+26#$%-&6*6/'<(%-&-&@-(;(2$%-&
C+6"<(%-1& *'2=& +,%-!W& *6<.$/'#$=& F6;68#(& 362-##(&
2$)(C#-Q& %(*/!& K')656:-9& *!:6& .*(#,& -& ,.36<6-Q& )A=&
B$.$3<(&,.*93,)!&.(%6-.*#-!&-&#-!&2$%(:(&.*6.62(#-(&
C+6"<72&G(+%(<656:-/'#$/0=&R<7+9&#626+6"<(&#(5!8$&
,*+'$%$2(Q& 2& /'$.*6C/-1& %68#(& 2$<A3(Q& "'-!/<6&
2& '(5!/(#$%& 3+!3(+(/-!& "!+%(*656:-/'#$%& 3+'!'&
36;68#A&5,@&5!<(+'(&SdU=&

?(&.<7+'!&"'-!/<(&%68!&*!8&2$.*A3-Q&"+6@#(&2$4

.$3<(&2&36.*(/-&*'2=&<(.'<-=&?()/'9C/-!)&56<(5-',)!&.-9&
#(&365-/'<(/0&#626+6"<(1&@+',.'<,1&':-9/-(/0&;6</-&
/'$& <65(#=& F+'$@-!+(& -#*!#.$2#-!).'!& '(@(+2-!#-!&
3+'$&36"2$8.'6#$/0&*!%3!+(*,+(/01&#(*6%-(.*&2&#-4
.<-/0&@5!"#-!=&c68!&*6&@$Q&36/'A*<62$&6@)(2&.<('$&
@-(;<62!)1&/'$5-&'(@,+'6#!)&*65!+(#/)-&@-(;<(&36<(+%64
2!:6=&B&*+(</-!&2$2-(",&'&%(*<A&36;68#(&362-##(&
,.*(5-Q1&/'$&*!)&2$.$3/!&*62(+'$.'$&#-!36<7)&"'-!/<(1&
/'9.*.'!&-&@(+"'-!)&5,a#!&.*65/!1&(&*(<8!&'(5!/-Q&6"364
2-!"#-!& 3+!3(+(*$& "6& 3-!59:#(/)-& .<7+$& #626+6"<(=&
B$.*A3-!#-,&2$.$3<-&%68!&*62(+'$.'$Q&C2-A"1&<*7+$&
3626",)!&#-!36<7)&,&"'-!/<(=&F6;68#(&362-##(&36-#4

background image

,789:;7%<=>?8:@B%4?CDEFG7%'7HI>7B%";;7%,FKL7MF@B%O?M7;P7%&MQ9:HQ@7B%"C;F:Q9@7%#9:8HFRQ@7B%4:7P7%.87;@?HFK9S'7QFDMB%ODQP=;7%T7EF:RQ@7B%O78?QG7H%&MQ9:HQ@F

G6+%62(Q& 3(/)!#*<9& 6& 3+(2-";62!)& 3-!59:#(/)-1& "(Q&
2.<('72<-&/6&"6&"-!*$&%(*<-&-&3+'!".*(2-Q&<6#-!/'#6CQ&
<6#*(<*,&'&5!<(+'!%&3!"-(*+A&2&%6%!#/-!&#(.-5!#-(&.-9&
6@)(2721&#3=&/'9.*$/0&-&5,a#$/0&.*65/72=&B&*+(</-!&
+6'%62$&362-##(&,.36<6-Q&%(*<9&-&2$)(C#-Q&)!)&'(4
.("$&3+(2-";62!)&3-!59:#(/)-&"'-!/<(&SdU=&

fA3-!5&-&'(@-!:-&3-!59:#(/$)#!&3+'$&"'-!/<,&364

2-##$& '6.*(Q& "6<;("#-!& 6%72-6#!& '& %(*<A& #6264
+6"<(1& (@$& +6'2-(Q& !2!#*,(5#!& 3+6@5!%$& '2-A'(#!&
'& #-!3+(2-";62$%& 2$<6#$2(#-!%& *$/0& /'$##6C/-=&
F6&'(@-!:(/0&3-!59:#(/$)#$/0&#(5!8$&363+6.-Q&%(*<9&
6&3+'$.*(2-!#-!&#626+6"<(&"6&3-!+.-&o6&-5!&%(*<(&'"!4
/$"62(;(&.-9&#(&*(<-&.36.7@&<(+%-!#-(&#626+6"<(p=&
F6"/'(.&*$/0&/'$##6C/-&*+'!@(&6/!#-Q1&2&)(<-%&.*63#-,&
%(*<(& +("'-& .6@-!& '& 3+'$.*(2-!#-!%& "6& 3-!+.-& -j5,@&
<(+%-!#-!%=& D'9.*6& <6#-!/'#(& )!.*& 36%6/& 36;68#!)&
3+'$& 3+'$.*(2-!#-,& #626+6"<(& "6& 3-!+.-& -& 2$@6+'!&
36'$/)-&36"/'(.&<(+%-!#-(&3-!+.-A=&F6;68#(&362-##(&
36-#G6+%62(Q&%(*<9&6&6'#(<(/0&3+(2-";62!:6&<(+4
%-!#-(&#626+6"<(&STYU1&#(*6%-(.*&3+'$&#-!3+(2-";62!)&
/'$##6C/-& 3+'$.*(2-!#-(& #626+6"<(& "6& 3-!+.-& 3+'!4
+2(Q&<(+%-!#-!&-&363+6.-Q&6&36#62#!&3+'$.*(2-!#-!=&
?-!3+(2-";62!&3+'$.*(2-!#-!&"'-!/<(&"6&3-!+.-&%68!&
.3626"62(Q&,.'<6"'!#-!&@+6"(2<-=&

F6;68#(&-#G6+%,)!&+6"'-/72&6&3-!+2.'!)&2-'$/-!&

,&5!<(+'(&3!"-(*+$&-&.'/'!3-!#-(/0=&f65!)#!&.'/'!3-!#-(&
6"@$2()A&.-9&2&3,#</-!&.'/'!3-!W&2&2$@+(#!)&3+'!'&
+6"'-/72&3+'$/06"#-=&>&*!+%-#-!&63-!<,#62-!&.A&364
2-("(%-(#-& 3+'!'& 3-!59:#-(+<-& 3+(/,)A/!& 2& 3,#</-!&
.'/'!3-!W=&F-!+2.'(&2-'$*(&3(*+6#(862(&#626+6"<(&
,&3!"-(*+$&6"@$2(&.-9&2&_&*$:6"#-,&8$/-(&#626+6"<(=&
?(& *!)& 2-'$/-!& +6"'-/!& .A& -#G6+%62(#-& 6& +6'26),&
"'-!/<(1& 6& 3+'$)%62(#-,& 3+6K5(<*$/'#-!& 2-*(%-#1&
6&2$<6#(#-,&@("(W&3+6K5(<*$/'#$/0=&F6"/'(.&+6'%72&
'&+6"'-/(%-&36;68#(&362-##(&2$<('(Q&2-!5!&.!+"!/'4
#6C/-& -& '+6',%-!#-(& "5(& +6"'-/72& e& 2$!<.36#62(Q&
,%-!)9*#6C/-& +6"'-/721& -/0& '(5!*$1& 6:+6%#!& '((#:(4
862(#-!& 2& .3+(262(#-!& "6@+!)& 63-!<-& #("& .26-%&
"'-!/<-!%=&F6;68#(1&<*7+(&2$+78#-(&.-9&*(<*!%&-&3+64
G!.)6#(5-'%!%1&.3+(2-(1&8!&2-'$*$&3(*+6#(862!&#-!&.A&
6@/-A8!#-!%&"5(&+6"'-/72&STYU=

?(&36".*(2-!&(#(5-'$&3-C%-!##-/*2(&#(.,2()A&.-9&

#(.*93,)A/!&2#-6.<-]
T=& F6;68#(& C+6"62-.<6264+6"'-##(& 36"/'(.& 2-'$*&

3(*+6#(862$/0& 6@.!+2,)!& +6'27)& #626+6"<(&
-&3+'!@-!:&36;6:,&,&%(*<-&6+('&'(36@-!:(&2$.*A4
3-!#-,&%685-2$/0&362-<;(W=&

V=& L6&'("(W&36;68#!)&C+6"62-.<6264+6"'-##!)&#(5!8$&

2$<6#(#-!&/6&#()%#-!)&/'*!+!/0&5,@&2-9/!)&2-'$*&
3(*+6#(862$/0&2&6<+!.-!&36;6:,1&<*7+!&.A&2$<64
#$2(#!&2&'(5!8#6C/-&6"&-#"$2-",(5#$/0&36*+'!@&
36;68#-/$&-&#626+6"<(=&

\=& F6;68#(&C+6"62-.<6264+6"'-##(&3+62("'-&"6<,4

%!#*(/)9&2-'$*&3(*+6#(862$/01&<*7+(&2&3+'!@-!:,&

63-!<-&36;68#-/'!)&)!.*&#6C#-<-!%&-#G6+%(/)-&-&#(4
+'9"'-!%&<6%,#-<(/)-=

_=& B-'$*$&3(*+6#(862!&2$<6#$2(#!&3+'!'&36;68#A&

C+6"62-.<6264+6"'-##A& .A& #-!& *$5<6& 6@.!+2(/)A&
3+'!@-!:,&36;6:,&,&36;68#-/$&-&+6'26),&#626+6"4
<(1&(5!&+72#-!8&C+6"62-.<(1&2&<*7+$%&3+'!@$2(&
%(*<(&'&#626&#(+6"'6#$%&"'-!/<-!%=

J>K'>:==><8LM

STU& i(;9'-62.<(& r=& X+6"62-.<62(& 63-!<(& #("& #64
26+6"<-!%& -& #-!%6259/-!%& e& 6/'!<-2(#-(& <6@-!*&
36&36+6"'-!&(&-/0&+!(5-'(/)(&3+'!'&36;68#!&C+6"62-4
.<6264+6"'-##!=& F-!59:#-(+.*26& ssg& B-!<,& Vbb[n&
\]&T[=
SVU&?(/'!5#(&m("(&F-!59:#-(+!<&-&F6;68#$/01&f65!:-,%&
F-!59:#-(+!<&-&F6;68#$/0&X+6"62-.<62$/0&-&m6"'-#4
#$/0=&E(<+!.&<6%3!*!#/)-&36;68#!)&C+6"62-.<6264+64
"'-##!)&'(*2-!+"'6#$&3+'!'&R!<+!*(+'(&R*(#,&2&cE->R&
2&"#-,&V=bV=TYYY=
S\U&D!<(W.<-&J=&B$@+(#!&'(:("#-!#-(&'&36;68#-/*2(&
-& :-#!<656:--& "5(& 36;68#$/0=& X5A.<(&J<("!%-(& c!4
"$/'#(1&f(*62-/!&TYYY=
S_U& t+9@6+62-/'& ik=& F6;68#-/*26& 36"+9/'#-<& "5(&
36;68#$/0& -& 3-!59:#-(+!<=& B$"(2#-/*26& u!<(+.<-!&
FEBu1&B(+.'(2(&VbbVn&TZbeVbV=
S`U& P.*(2(& '& "#-(& `& 5-3/(& TYY[& +=& 6& '(26"(/0& 3-!4
59:#-(+<-&-&36;68#!)&oL'=P=&#+&YT1&36'=&_Tb&'&36aW=&
'%=p=
S[U&m6'36+'A"'!#-!&c-#-.*+(&E"+62-(&-&>3-!<-&R36;!/'4
#!)&'&"#-(&V&2+'!C#-(&TYYd1&L'=P=&#+&TT[1&36'=&d`b=
SdU&v!3!/<(4f5,.!<&D=&F-!59:#-(+.*26&2!&2.37;/'!4
.#$%& 36;68#-/*2-!& -& :-#!<656:--=& DErur 1& u,@5-#&
Vbb\n&TY_e\bY=
SZU&m6'36+'A"'!#-!&c-#-.*+(&E"+62-(&'&"#-(&VT&:+,"#-(&
Vbb_1&L'=P=&#+&Vd[1&36'=&Vd_b=&
SYU&m6'36+'A"'!#-!&c-#-.*+(&E"+62-(&2&.3+(2-!&'(<+!4
.,&'("(W&5!<(+'(1&3-!59:#-(+<-&-&36;68#!)&36".*(262!)&
63-!<-&'"+626*#!)1&L'=P=&#+&VT_1&36'=&TZT[1&Vbb`=
STbU&L,"!<&L1&R-2!<&c1&E-9@(&J1&?62(<&i=&L!3+!.)(&
3636+6"62(=&F+'!:5A"&u!<(+.<-&VbbVn&`Y]&TT=
STTU& R*!5#!+& c1&w6#<!+.& f=& L!3+!.)(& ,& <6@-!*=& N-(&
c!"-(1&i"(W.<&TYYY=
STVU&F./0$+!%@!5&B1&L,"!#0(,.!#& B=&F6;68#-/*26&
3+(<*$/'#!&-&63!+(/)!&36;68#-/'!=&FEBu1&B(+.'(2(&
TYYdn&_[`edb_=&
ST\U& F-.(+.<-& H=& F6;68#-/*26& -& :-#!<656:-(=& FEBu1&
B(+.'(2(&TYZdn&__de`\T=
ST_U&F-.(+.<-&H=&F6;68#-/*26&-&:-#!<656:-(&36"+9/'#-<&
"5(&.*,"!#*72=&FEBu1&B(+.'(2(&TYYb=&
ST`U&f5-%!<&m=&F(*656:-(&36;6:,=&F6;68#-/*26=&FEBu1&
B(+.'(2(&TYZZ=

background image

'

& -$T"%1"*% &Z&\1-#)%-%1&+&!&*T-$,%+%]!&*&+-6T5%*&,&+2,%+%&T!$6-$% &Z&'5

ST[U&c(+*-,.&i1&t+!/<265"*&c1&Fx!-"!+!+&J=&i-#!<64
56:-(&-&36;68#-/*26=&B$"(2#-/*26&c!"$/'#!&P+@(#&
y&F(+*#!+1&B+6/;(2&Vbbb=&
STdU&g#/0&R=&F+6@5!%$&'2-A'(#!&'&<(+%-!#-!%&3-!+.-A=&
B]& ?626/'!.#!& 36;68#-/*26=& >3-!<(& 3636+6"62(=&
m!"=& &J5!<.(#"!+=&B$"(2#-/*26&u!<(+.<-!&FEBu1&
B(+.'(2(&TYY`n&\Ve`Z=
STZU& F-6*+<62.<-& =& F-!59:#-(+.*26& 2& 36;68#-/*2-!&
-&:-#!<656:--=&FEBu1&B(+.'(2(&TYY_=&
STYU&c-<-!54f6.*$+(&f=&u(<*(/)(&-&<(+%-!#-!&3-!+.-A=&
g#.*$*,*&c(*<-&-&L'-!/<(1&gB&EE1&B(+.'(2(&TYZZ=
SVbU&R6.'<(&R=&F6;68#-/*26&-&:-#!<656:-(&36"+9/'#-<&
"5(&.*,"!#*72=&FEBu1&B(+.'(2(&TYYbn&Y`e\Vb=&
SVTU&g2(#62-/'4F(25,.&i=&>:75#!&.*(#"(+"$&3+(<*$<-&
36;68#-/'!)=& c(:('$#& F-!59:#-(+<-& -& F6;68#!)& Vbbbn&
_V1&_]&[ed=

SVVU& R%65-W.<(& r=& F6;7:& e& k-:-!#(& e& >+:(#-'(/)(=&
c(:('$#&F-!59:#-(+<-&-&F6;68#!)&TYYYn&\]&T`=
SV\U&f(2/'$W.<(4t,*+$%&E=&F6".*(2$&3-!59:#-(+.*2(&
+6"'-##!:6=&B$"(2#-/*26&u!<(+.<-!&FEBu1&B(+.'(4
2(&TYY`=
SV_U&t+6,::0&k1&?(*(+()(&m1&R,+!#"+(#(*0(#&J=&F!"-(4
*+-(&@;$.<(2-/'#-!=&B$"(2#-/*26&u!<(+.<-!&FEBu1&
B(+.'(2(&Vbb[n&\Y_e_\[=
SV`U&H2(+"62.<(&L1&v6'-W.<(&g=&?!6#(*656:-(=&FEBu1&
B(+.'(2(&TYY\=
SV[U&t68<62(&f=&F!"-(*+-(&3+(<*$/'#(=&B$"(2#-/*26&
u!<(+.<-!&FEBu1&B(+.'(2(&TYYY=
SVdU&t6+<62.<-&Bc1&t(/'&J1&i635(W.<(&q=&>3-!<(&
3-!59:#-(+.<(&#("&#626+6"<-!%=&c!"$/$#(&F+(<*$/'4
#(1&B(+.'(2(&TYY_=

E#H(I&#@&B@H(IN@,#(,*O$3

%:+&c(+'!#(&E$"6+!<&
E(<;("&F-!59:#-(+.*2(&F6;68#-/'64i-#!<656:-/'#!:6&
Zb4VVd&i"(W.<1&,5=&L6&R*,"'-!#<-&\Z&
!4%(-5]&%-+-(#z36/'*(=G%&
*!5=&`bV&ZTT&TdZ


Wyszukiwarka

Podobne podstrony:
Opieka nad zdrowym i chorym noworodkiem- neonatologia, neonatologia(2)
Opieka nad zdrowym i chorym noworodkiem
OPIEKA NAD NOWORODKIEM Z HIPOGLIKEMIĄ
Opieka nad kobietą i dzieckiem realizowana przez położną
standard opieka nad noworodkiem
Odpowiedzi opieka nad dzieckiem przewlekle chorym, Położnictwo CM UMK, Pediatria, Testy
Opieka nad noworodkiem-procedury , Neonatologia
Opieka nad zdrowym i chorym noworodkiem
1 sem Opieka nad kobiet ciężarn w wybranych patologiach położniczych RAPid 9742 ppt
OPIEKA NAD NOWORODKIEM OCENA DOJRZAŁOŚĆI I FUNKCJI ŻYCIOWYCH
opieka nad dawcą pełna wersja
Opieka nad pacjentem po znieczuleniu i operacji
Opieka nad siostrą, tom 6
OPIEKA NAD DZIECKIEM Z CUKRZYCA, Medycyna, Cukrzyca
26. Reakcje rodziców na info. o chorobie przewlekłej dziecka, opieka nad dziećmi z chorobą przewlekł
WPROWADZENIE DO ZAGADNIEŃ ZWIĄZANYCH Z OPIEKĄ NAD OSOBĄ CHORĄ I NIESAMODZIELNĄ, Studium medyczne
zapobieganie zakażeniom szpitalnym, opieka nad os starsza

więcej podobnych podstron