F]\QyZ SRSHáQLRQ\FK SU]H] RVNDUĪRQHJR L DGHNZDWQ\ GR MHJR V\WXDFML URG]LQQHM L PDWHULDOQHM 6ąG $SHODF\MQ\ QLH SRG]LHOLá ]DVDGQRĞFL ]DU]XWyZ SRGQLHVLRQ\FK Z DSHODFML SURNXUDWRUD Z SR]RVWDá\P ]DNUHVLH WM Z RGQLHVLHQLX VWDZLDQHJR ]DU]XWX UDĪąFHM QLHZVSyáPLHUQRĞFL NDU áąF]Q\FK SR]EDZLHQLD ZROQRĞFL RU]HF]RQ\FK ZREHF RVNDUĪRQ\FK 0 ' L 0 6 RUD] ]DU]XWX EáĊGX Z XVWDOHQLDFK IDNW\F]Q\FK Z RGQLHVLHQLX GR RVNDUĪRQHJR à * FR GR NWyUHJR ZJ VNDUĪąFHJR 6ąG 2NUĊJRZ\ QLHVáXV]QLH ZDUXQNRZR ]DZLHVLá Z\NRQDQLH RU]HF]RQHMNDU\SR]EDZLHQLDZROQRĞFLQDRNUHVSUyE\Z\QRV]ąF\ODWD 3U]HFKRG]ąF GR RFHQ\ ]DVDGQRĞFL W\FK ]DU]XWyZ QDOHĪ\ SU]\SRPQLHü ĪH ]DU]XW UDĪąFHM QLHZVSyáPLHUQRĞFL NDU\ PRĪH E\ü VNXWHF]QLH SRGQLHVLRQ\ W\ONR ZyZF]DV JG\ VXPD NDU L ĞURGNyZ NDUQ\FK RU]HF]RQ\FK Z VWRVXQNX GR RVNDUĪRQHJR QLH XZ]JOĊGQLD Z QDOHĪ\W\P VWRSQLX XVWDZRZ\FK G\UHNW\Z VąGRZHJR Z\PLDUX NDU\ : W\P SU]\SDGNX WDNLHM WH]\ SRVWDZLü QLH PRĪQD 6ąG , LQVWDQFML RU]HNDMąF Z W\P SU]HGPLRFLH XZ]JOĊGQLá FDáRNV]WDáW RNROLF]QRĞFL XMDZQLRQ\FK QD UR]SUDZLH XZ]JOĊGQLDMąF VWRSLHĔ ZLQ\ NDĪGHJR ] RVNDUĪRQ\FK VWRSLHĔ LFK GHPRUDOL]DFML ZáDĞFLZRĞFL L ZDUXQNL RVRELVWH RUD] GRW\FKF]DVRZ\ VSRVyE Ī\FLD Z W\P XSU]HGQLą NDUDOQRĞü 3U]\ WHM RFHQLH XZ]JOĊGQLá WHĪ FKDUDNWHU SRSHáQLRQ\FK SU]H] W\FK RVNDUĪRQ\FK F]\QyZ RUD] LFK FLĊĪDU JDWXQNRZ\ F]HPX GDá WHĪ Z\UD] Z F]ĊĞFL PRW\ZDF\MQHM Z\GDQHJR RU]HF]HQLD = GUXJLHM MHGQDN VWURQ\ 6ąG , LQVWDQFML EDF]\á DE\ RU]HF]RQH NDU\ QLH SU]HNURF]\á\ VWRSQLD ZLQ\ NDĪGHJR ] RVNDUĪRQ\FKLVSHáQLá\SRNáDGDQHZQLFKFHOH]DSRELHJDZF]HLZ\FKRZDZF]H 8Z]JOĊGQLá UyZQLHĪ RNROLF]QRĞFL GR NWyU\FK SURNXUDWRU RGZRáXMH VLĊ Z VZRMHM DSHODFML D ZLĊF VWRSLHĔ ]DZLQLHQLD L VWRSLHĔ VSRáHF]QHM V]NRGOLZRĞFL SU]\SLVDQ\FK RVNDUĪRQ\P F]\QyZ RNROLF]QRĞFL LFK SRSHáQLHQLD SRGPLRWRZH L SU]HGPLRWRZH ZáDĞFLZRĞFL L ZDUXQNL RVRELVWHRVNDUĪRQ\FKRUD]Z]JOĊG\SUHZHQFMLRJyOQHMLV]F]HJyOQHM 6ąG $SHODF\MQ\ SU]\MĊWH WDP XVWDOHQLD Z SHáQL DSUREXMH MDNR ]JRGQH G\UHNW\ZDPL Z\PLDUX NDU\ RNUHĞORQ\PL Z DUW  †  NN 7\P VDP\P QLH SRG]LHOLá ]DU]XWX SURNXUDWRUD MDNRE\ RU]HF]RQH NDU\ ZREHF RVNDUĪRQ\FK 0 ' L 0 6 E\á\ UDĪąFR áDJRGQH ]ZáDV]F]D ĪHRGGDW\SRSHáQLHQLDSU]\SLVDQ\FKLPF]\QyZXSá\QĊáRMXĪSRQDGODW 1D DSUREDWĊ ]DVáXJXMH WHĪ UR]VWU]\JQLĊFLH R ZDUXQNRZ\P ]DZLHV]HQLX Z\NRQDQLD NDU\ SR]EDZLHQLD ZROQRĞFL Z RGQLHVLHQLX GR RVNDUĪRQHJR à * 1DOHĪ\ Z V]F]HJyOQRĞFL ]DXZDĪ\ü ĪH SU]\SLVDQH PX F]\Q\ ]RVWDá\ SRSHáQLRQH Z ODWDFK    D ZLĊF RG LFK SRSHáQLHQLD PLQĊáR  ODW : SyĨQLHMV]\P RNUHVLH RVNDUĪRQ\ SU]HVWU]HJDá SRU]ąGNX SUDZQHJR L QLH GRSXĞFLá VLĊ NROHMQHJR SU]HVWĊSVWZD 1LH E\á WHĪ ZF]HĞQLHM NDUDQ\ VąGRZQLH 3URZDG]L REHFQLH XVWDELOL]RZDQ\ WU\E Ī\FLD SRSUDZQLH XNáDGD VZRMH Ī\FLH ]DZRGRZH SU\ZDWQH L RSLHNXMH VLĊ FKRUą PDWNą FR REURĔFD Z\ND]Dá VWRVRZQ\PL