]H]QDQLD: QDMEOLĪHMSUDFXMąFD]SRGVąGQ\PZ\NOXF]\áE\ZHGáXJMHJR :  ZLHG]\-3GDZDáNRPXĞORJLQDOERKDVáRGRNRQWDQD  X 3RWZLHUG]LáQDWRPLDVWĪH-3SRZLHU]DVZyMWHOHIRQLQQ\P RVRERP-DNRMHG\QąWDNąRVREĊZVND]DáMHGQDNVLHELHSR F]\PSRGNUHĞOLáĪHRQVDPQLHNRU]\VWDá]NRQWDXĪ\WNRZQLND  &RUyZQLHĪZDĪQHWRIDNWĪHREHFQLHQLHZLąĪHJR] SRGVąGQ\PZVSRPQLDQDXVWQDXPRZDRSUDFĊDLRQVDP Z\VWąSLá]SDUWLLSROLW\F]QHMRVNDUĪRQHJR7\PVDP\PEUDN E\áRSRGVWDZDE\GHSR]\FMRPW\PRGPyZLüZDORUX ZLDU\JRGQRĞFL1LHPQLHMMHGQDNĞZLDGHNQLHE\áEH]SRĞUHGQLP XF]HVWQLNLHPEDGDQ\FK]GDU]HĔLZW\P]DNUHVLHMHJRUHODFMD QLHZQLRVáDQLFLVWRWQHJRGRVSUDZ\ 6ąGGDáUyZQLHĪZLDUĊ]H]QDQLRPSRNU]\ZG]RQHJR*.Z FDáRĞFLELRUąFSRGXZDJĊMHJRVWDQSV\FKRIL]\F]Q\X]QDMąF MH]DNRQVHNZHQWQHLORJLF]QH3R]RVWDá\X]QDQ\]D ZLDU\JRGQ\PDWHULDáGRZRGRZ\ ZW\PUyZQLHĪWHQ QLHRVRERZ\SU]HND]DQ\SU]H]3URNXUDWRUDLVWDQRZLąF\ VWUHV]F]HQLHMHJRZ\SRZLHG]L GDáSRGVWDZ\GRRFHQ\W\FK WUHĞFLZ\FKGHSR]\FMLĞZLDGND]JRGQLH]UHJXáDPLDUWNSN 2SUyF]RSLVXFDáHJR]GDU]HQLDSRWZLHUG]HQLDVZRMHM SU]\QDOHĪQRĞFLGRQDURGXXNUDLĔVNLHJRLNRQWHNVWXVZRMHM Z\SRZLHG]LV]F]HJyOQLHLVWRWQH]QDF]HQLDGODSRVWĊSRZDQLD PLDá\MHJRVXELHNW\ZQHRGF]XFLDX]QDMąFHJR]DRVREĊ GRWNQLĊWąQLHQDZLVWQ\PLZ\SRZLHG]LDPLSRGVąGQHJR3RF]Xá VLĊERZLHP]QLHZDĪRQ\QDWOHQDURGRZRĞFLRZ\PVáRZDPL7HQ  ]H]QDQLD* . 8NUDLQLHFWRNDQDOLDFRVWDQRZLáR]DVDGQLF]ąF]HĞüGOD XVWDOHĔZVSUDZLHMDNLSU]\MĊFLDZáDĞFLZHMNZDOLILNDFML SUDZQHMQDJDQQHJRG]LDáDQLDRVNDUĪRQHJR6ąGGRNRQXMąF RFHQ\]H]QDĔWHJR]H]QDĔĞZLDGNDSRGNąWHPLFKZDUWRĞFL GRZRGRZHMPLDáRF]\ZLĞFLHQDZ]JOĊG]LHIDNWĪHĞZLDGHN SR]RVWDZDáSRGZSá\ZHPRJURPQHJRVWUHVX]ZLą]DQHJR] DJUHVMąLQDSDĞFLąVáRZQąQDQLHJRMDNUyZQLHĪĪHE\áRQ SRNU]\ZG]RQ\ZVSUDZLH-HGQDNĪHZVND]XMąFNROHMQH Z\GDU]HQLDĞZLDGHNSRGDZDáV]F]HJyá\LSRWUDILáXPLHMVFRZLü NRQNUHWQH]GDU]HQLDZPLHMVFXLF]DVLHEĊGąFSU]\W\P NRQVHNZHQWQ\P3RQDGWR]H]QDQLD*.E\á\UyZQLHĪZ