Page 30 - CnO_161

J<DGC@=@:8 C8 KL8 @J:I@Q@FE<
GI<J@;<EK@ I<>@FE8C@ 8ED:F )''-$)''/
J\` ^`~ JfZ`f 8ED:F6 89ILQQF # :ejj$iiW B7KH7 B$ F?99?ED?
Fke_ fW]Wh[ bW gkejW WiieY_Wj_lW Yed bW jkW 9WhjW Z_ 9h[Z_je1 XWijW Yecf_# Eif[ZWb[ 9_l_b[ =$ CWpp_d_ # F_WppW ?jWb_W # ,*'&& J[hWce J;
bWh[ _b Yekfed Wbb[]Wje [Z _dl_Whbe l_W \Wn WbbW I[]h[j[h_W 7DC9E" Y^[ fhel# j[b$ &.,'%*(/,,+ # *(/' # \Wn &.,'%*(/,,* #
l[Z[h} Wb fh[b[lWc[dje$ [#cW_b0 bWkhW$f_YY_ed_@Wibj[hWce$_j
98J@C@:8K8 # :ejj$ <H7D9;I9E I?IJE
Mlf` [`m\ekXi\ JfZ`f 8ED:F6 Eif[ZWb[ H[]_edWb[ I$ 9Whbe # L_W F$ F[jhed[ # .+'&& Fej[dpW FP
9ecf_bW _b ceZ[bbe fkXXb_YWje d[bbW fW]_dW i[]k[dj[ [Z _dl_Wbe Wb j[b$ &/-'%,')+,) # \Wn &/-'%,')&&) # [#cW_b0 i_ijefp@j_iYWb_$_j
Fh[i_Z[dj[ H[]_edWb[ 7DC9E Z[bbW jkW H[]_ed[ f[h _b fh[b_c_dWh[ l_ije Z_ :8C89I@8 # :ejj$ 7DJED?E 8KJ;H7
WffhelWp_ed[$ Eif[ZWb[ 9_l_b[ # L_W 7hjkhe F[hk]_d_ # ..&*, BWc[p_W J[hc[ 9P
I[ bW h_Y^_[ijW iWh} Z[\_d_j_lWc[dj[ WYYebjW ZWb 9edi_]b_e :_h[jj_le" fejhW_ j[b$%\Wn &/,.%(&..'' # [#cW_b0 WXkj[h@j_iYWb_$_j
h[]ebWh_ppWh[ bÊ_iYh_p_ed[ jhWc_j[0 :8DG8E@8 # :ejj$ C7H?DE I9>;H?BBE
Å Xebb[jj_de Z_ Y%Y feijWb[ d$ Y%Y feijWb[ ',)*&+&- _dj[ijWje W 7DC9E # 7$E$ =$ Hkcce # L_W FWY[l[YY^_W" +) # .('&& 8[d[l[dje 8D
j[b$ &.(*%+-,-/ # +-,// # \Wn &.(*%+-,-/ #
7iieY_Wp_ed[ DWp_edWb[ C[Z_Y_ 9WhZ_ebe]_ Eif[ZWb_[h_ [#cW_b0 cWh_de$iY^[h_bbe@We#hkcce$_j
Å YWhjW Z_ Yh[Z_je kj_b_ppWdZe _b ceZkbe iejjeh_fehjWje <D@C@8 IFD8>E8 # :ejj$ =?7D97HBE F?EL7997H?
BÊ_iYh_p_ed[ fh[l[Z[ _b fW]Wc[dje Z_ ; '&"&& iebe f[h _ IeY_ EhZ_dWh_ Yec[ Eif[ZWb[ ?d\[hc_ # L_W I[jj[cXh_d_" ( # *-/&& H_c_d_ HD
gkejW Z_ WZ[i_ed[ WbbÊ7iieY_Wp_ed[ [ Z_ kdW gkejW ieY_Wb[ WddkW Yeiˆ Z_\\[# j[b$ &+*'%-&+**& # \Wn &+*'%-&+,,& # [#cW_b0 ]f_elWYYWh_@Wkibhd$d[j
h[dp_WjW0 =I@LC@ M<E<Q@8 >@LC@8 # :ejj$iiW :7D?;B7 F7L7D
Å ¼ /&"&& f[h _ :_h[jjeh_ Z_ IjhkjjkhW 9ecfb[iiW Eif[ZWb[ 9_l_b[ # L_W IWleh]dWde" ( # ))&-. IWd L_je Wb JW]b_Wc[dje FD
j[b$ &*)*%.*'+&' # \Wn &*)*%.*'+/) # [#cW_b0 Z$fWlWd'@j_d$_j
Å ¼ -&"&& f[h _ H[ifediWX_b_ Z_ IjhkjjkhW I[cfb_Y[ %:_h_][dj_
C8Q@F # :ejj$ <78H?P?E 7CC?H7J?
Å ¼ +&"&& f[h _ IeY_ 7]]h[]Wj_ Eif[ZWb[ =$8$ =hWii_ # L_W =$9$ FWii[hed_" (& # &&'(( Eij_W HC
?b ikZZ[jje _cfehje _dYbkZ[ bW ieccW Z_ ;khe -"+& i[jj[%+& Yecfh[di_le Z_ j[b%\Wn &,%+,*.('-- # [#cW_b0 \WXWcc_hWj_@b_X[he$_j"
?L7 Y^[" f[h _b jhWc_j[ Z[bbW <[Z[hWp_ed[ ?jWb_WdW Z_ 9WhZ_ebe]_W" l[hh} l[hiWjW \WXWcc_hWj_@Wb_Y[$_j
_d Leijhe dec[ [ Yedje WbbW ieY_[j} 9;F? I$h$b$" Yed i[Z[ W HecW" L_W D$ C@>LI@8 # :ejj$ IJ;<7DE :EC;D?9K99?
JWhjW]b_W d$ )" &&'/- HecW" YeZ_Y[ \_iYWb[0 &&)/)-*&+.* [ fWhj_jW ?L7 Fh[i_Z_e Eif[ZWb_[he =[delW Fed[dj[ 7IB) # L_W :$ Eb_lW" (( # ','+)
&&.---.'&&+" W j_jebe Z_ Yehh_if[jj_le f[h bÊWXXedWc[dje WddkWb[ WbbÊeh]Wde I[ijh_ Fed[dj[ =;
iY_[dj_\_Ye _d b_d]kW _jWb_WdW Z[bbW <[Z[hWp_ed[ ?jWb_WdW Z_ 9WhZ_ebe]_W" h_l_ijW j[b$ &'&%,**.*-+ # &'&%,**.*&' I[]h[j[h_W H[fWhje # \Wn &'&%,**.)'-
Z[dec_dWjW Ç=_ehdWb[ ?jWb_Wde Z_ 9WhZ_ebe]_WÈ Yed iejjej_jebe ÇEh]Wde K\\_Y_Wb[ [#cW_b0 iZec[d_YkYY_@b_X[he$_j" ij[\Wde$Zec[d_YkYY_@Wib)$b_]kh_W$_j
Z[bbW <[Z[hWp_ed[ ?jWb_WdW Z_ 9WhZ_ebe]_W" Eh]Wde K\\_Y_Wb[ IeY_[j} ?jWb_WdW Z_ CFD98I;@8 # :ejj$ 7DJED?E C7<H?9?
9^_hkh]_W 9WhZ_WYWÈ [ bW ieccW Z_ ;khe ')$&& ZeZ_Y_%&& Y^[" f[h _b jhWc_j[ Eif[ZWb[ D_]kWhZW # F_WppW Eif[ZWb[ CW]]_eh[" ) # (&',( C_bWde C?
Z[bbW <[Z[hWp_ed[ ?jWb_WdW Z_ 9WhZ_ebe]_W" l[hh} l[hiWjW _d Leijhe dec[ [ Yedje j[b &(%,***()*' # H[fWhje \Wn &(%,***(.'. # [#cW_b0 WcW\h_Y@j_d$_j" Wdje#
W j_jebe Z_ Yehh_if[jj_le f[h bÊWXXedWc[dje WddkWb[ WbbÊeh]Wde iY_[dj_\_Ye _d b_d# cW\h_Y_@b_X[he$_j
]kW _d]b[i[ Z[bbW <[Z[hWp_ed[ ?jWb_WdW Z_ 9WhZ_ebe]_W WbbW 9WiW ;Z_jh_Y[
B_ff_dYejj" M_ba_di M_bb_Wci Yed i[Z[ W BedZhW =8 " (+& MWj[hbee HeWZ" D8I:?< # :ejj$ :EC;D?9E =78H?;BB?
BedZed I;' .H:" h_l_ijW Z[dec_dWjW Ç@ekhdWb e\ 9WhZ_elWiYkbWh C[Z_Y_d[È Yed Fh[i_Z_e 9WhZ_ebe]_Ye =$C$ BWdY_i_ # L_W 9edYW" -' # ,&&(& 7dYedW 7D
iejjej_jebe ÇE\\_Y_Wb @ekhdWb e\ j^[ ?jWb_Wd <[Z[hWj_ed e\ 9WhZ_ebe]o" E\\_Y_Wb j[b$ YehZb[ii &-'%+/,+-&* # )*. # )*/ # \Wn &-'%+/,+,(& # '.'
@ekhdWb e\ j^[ ?jWb_Wd IeY_[jo \eh 9WhZ_WY Ikh][hoÈ$ [#cW_b0 Z$]WXh_[bb_@We#kcX[hjefh_ce$cWhY^[$_j
DFC@J< # :ejj$ 7B8;HJE CEDJ7DE
F[h kbj[h_eh_ _d\ehcWp_ed_ e Y^_Wh_c[dj_ bW I[]h[j[h_W h_cWd[ W Z_ifei_p_e# Eif[ZWb[ I$ J_cej[e # L$b[ FWZh[ F_e # .,&)/ J[hceb_ 98
d[ ZWb bkd[Zˆ Wb l[d[hZˆ ZWbb[ eh[ /$&& Wbb[ eh[ ',$&& j[b$ &++#+-'-/. # \Wn j[b$ &.-*%*(*+-& # [#cW_b0 YWhZ_ebe]_WYX@l_h]_b_e$_j"
&++#+-/))* $ WbX[hjecedjWde@j_iYWb_$_j
G@<DFEK< M8CC< ;Ë8FJK8 # :ejj$iiW H?J7 JH?D9>;HE
?e iejjeiYh_jje0 Eif[ZWb[ CWh_W L_jjeh_W # 9ehie JWiied_" ** # '&'*/ Jeh_de JE
j[b$ &''%*)/))/& # \Wn &''%*)/)*,+ # [#cW_b0 jh_dY^[he@Wib)$je$_j
9e]dec[ UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU G%8% 9FCQ8EF # :ejj$ 7D:H;7 ;HB?9>;H
Eif[ZWb[ =[d[hWb[ H[]_edWb[ # L_W 8e[^b[h" + # )/'&& 8ebpWde 8P
Dec[ UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU j[b$ &*-'%/&//+& # /.+ # /.- # \Wn &*-'%/&///- #
[#cW_b0 WdZh[W$[hb_Y^[h@WiXp$_j
L_W UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU D– UUUUUU
G%8% KI<EKF # :ejj$ =?EL7DD? :ÊED=>?7
Eif[ZWb[ IWdjW 9^_WhW # BWh]e C[ZW]b_[ ZÊEhe # ).'&& Jh[dje JD
97F UUUUUUUUUUUUU9_jj} UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUFHEL$ UUUU
j[b$ &*,'%/&)&*/ # I[]h[j[h_W # \Wn &*,'%/&)'(( # [#cW_b0
]_elWdd_$Zed]^_W@j_d$_j
7kjeh_ppe W fh[b[lWh[ ; UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU
GL>C@8 # :ejj$ F7IGK7B; 97B:7HEB7
f[h bW gkejW WiieY_Wj_lW Z[bbÊWdde UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU Eif[ZWb[ C$ IWhYed[ # L_W F$ <_eh[" ')+ # -&&). J[hb_pp_ 87
j[b$ &.&%),&.)** # )*+ # \Wn &.&%),&.)*) # [#cW_b0 fWiYWbZ@b_X[he$_j
IeY_e EhZ_dWh_e
J8I;<>E8 # :ejj$iiW HEI7DD7 F;I
¼ /&"&& f[h _ :_h[jjeh_ Z_ IjhkjjkhW 9ecfb[iiW Eif[ZWb[ II$ 7ddkdp_WjW # L_W ;$ :[ D_YebW # &-'&& IWiiWh_ II
j[b$ &-/%(&,'+). # +*& # +(' # \Wn &-/%('&+'( # [#cW_b0
¼ -&"&& f[h _ H[ifediWX_b_ Z_ IjhkjjkhW I[cfb_Y[%:_h_][dj_ heiWddW$f[i@j_iYWb_d[j$_j
¼ '&"&& ?iYh_p_ed[ KdWjWdjkc iebe f[h _ dkel_ IeY_ EhZ_dWh_ J@:@C@8 # :ejj$ 7B8;HJE 97HHK887
IeY_e 7]]h[]Wje Eif[ZWb[ 9_l_Ye [ 8[d\hWj[bb_ # L_W 9$ BWppWhe /&'(- FWb[hce F7
j[b$ &/'%,,,(-/& # \Wn &/'%,,,(.&/ # [#cW_b0 WbYWhhkXXW@j_iYWb_$_j
¼ +&"&& KFJ:8E8 # :ejj$ <H7D9;I9E 8EL;DP?
Eif[ZWb[ 9_l_b[ 9Wcfe Z_ CWhj[ # L_W Z[bbÊEif[ZWb[" ' # ++'&& BkYYW BK
W c[ppe YWhjW Yh[Z_je0
j[b$ &+.)%**/+'+ # \Wn &+.)%/-&**. # [#cW_b0 \$Xel[dp_@j_d$_j"
9WhjW I_ 9WhjW L_iW ;kheYWhZ C Wij[h 9WhZ \$Xel[dp_@kib($jeiYWdW$_j
dkc[he YWhjW0 LD9I@8 # :ejj$ =;H7H:E H7I;JJ?
7$ E$ IWdjW CWh_W # L_W Jh_ijWde ZW @eWddkYY_e # &+'&& J[hd_ JH
j[b$ &-**%(&+(/& # Kj_Y # \Wn &-**%(&+(/& # [#cW_b0 ]$hWi[jj_@Weifj[hd_$_j
M<E<KF # :ejj$ :EC;D?9E C7H9>;I;
ZWjW Z_ iYWZ[dpW0 Eif[ZWb[ 9_l_b[ ?cc$jW 9edY[p_ed[ # L_W I$ HeYYe" . # )+&(. F_el[ Z_
IWYYe F:
j[b$ &*/%/-'.(/&#(/' # \Wn &*/%/-'.(.) #
\_hcW0 UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU [#cW_b0 ZcWhY^[i[@Wib'*Y^_e]]_W$l[d[je$_j
=FKF:FG@8I< $ :FDG@C8I< @E JK8DG8K<CCF $ @EM@8I< M@8 =8O 8CC8 J<>I<K<I@8 ',,&,.0**+