0,&52ꢀ
6:,7&+(6
',0(16,216
8QOHVVꢀRWKHUZLVHꢀVSHFLILHGꢁꢀDꢀWROHUDQFHꢀRIꢀꢂꢃꢄPPꢀDSSOLHVꢀWRꢀDOOꢀGLPHQVLRQVꢃ
&217$&7ꢂ&21),*85$7,21
3-ꢀ3%2)%3
63(&,),&$7,216
02817,1*ꢂ+2/(6
&RQWDFWꢂ5HVLVWDQFHꢂꢃLQLWLDOꢄꢂ
0D[ꢃꢀꢅꢂꢂPʈ
0HDVXUHGꢀE\ꢀRKPꢀPHWHUꢀꢆꢀRSHQꢀYROWDJHꢀꢇꢀꢈ9'&ꢁꢀGULYHUꢀFXUUHQWꢀꢆꢈꢂꢂꢀP$
,QVXODWLRQꢂ5HVLVWDQFHꢂꢃDWꢂꢁꢅꢆ9'&ꢇPLQXWHꢄꢂ
0LQꢃꢀꢈꢂꢂ0ʈ
'LHOHFWULFꢂ6WUHQJWK
ꢈꢂꢂꢂ9$&ꢀꢉꢀꢊꢂaꢀꢋꢂ+]ꢀꢌꢀ
6WRUDJHꢂ7HPSHUDWXUHꢂ5DQJHꢂ
ꢆꢍꢊ濎ꢀWRꢀꢎꢊ濎ꢀꢉꢀZLWKꢀQRꢀLFLQJꢀꢌ
&(57,),&$7(ꢂ,1)250$7,21
0RGHOꢂ
2SHUDWLQJꢂ7HPSHUDWXUHꢂ5DQJHꢂ
60ꢈꢆꢂꢋꢏꢈꢂꢏꢈꢋꢏ3ꢈꢀVHULHVꢀꢀꢀꢀꢆꢄꢂ濎ꢀWRꢀꢈꢍꢊ濎 ꢉZLWKꢀQRꢀLFLQJꢌ
60ꢈꢆ&ꢊꢏ&ꢅꢏ&ꢈꢀVHULHVꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢂ濎ꢀWRꢀꢎꢊ濎
6WRUDJHꢂ+XPLGLW\ꢂ
ꢂꢂ8/ꢉꢂF8/
(1(&ꢊꢋ
1DPH
ꢆꢍꢊ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢃ7HPSꢎꢊꢁꢅij ꢄ ꢆꢍꢊ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢉ炯ꢋꢆ7ꢊꢁꢅꢂꢊ(ꢋ
0LQꢍꢂꢊꢆꢉꢆꢆꢆꢂRSHUDWLRQV
60ꢊꢌ3ꢊ
$Wꢀꢄꢂ濎 ꢁꢀ0D[ꢃꢀꢎꢊꢐꢀ5ꢃ+
ꢏ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢃ7HPSꢎꢊꢁꢅij ꢄ
0LQꢍꢂꢊꢆꢉꢆꢆꢆꢂRSHUDWLRQV
ꢏ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢉ炯ꢋꢆ7ꢊꢁꢅꢂꢊ(ꢋ
ꢏꢃꢁꢄ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢉ炯ꢋꢆ7ꢊꢁꢅꢂꢊ(ꢋ
9LEUDWLRQꢂ
60ꢊꢌꢆꢏ
60ꢊꢌꢊꢆ
60ꢊꢌꢊꢏ
60ꢊꢌ&ꢅ
60ꢊꢌ&ꢀ
60ꢊꢌ&ꢊ
ꢈꢂaꢊꢊ+]ꢁꢀGLVSODFHPHQWꢀꢂꢃꢑꢊꢀPPꢀꢉSꢆSꢌ
(OHFWULFDOꢂ6HUYLFHꢂ/LIHꢂ
ꢊꢆꢍꢊ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢃ7HPSꢎꢊꢁꢅij ꢄ ꢊꢆꢍꢊ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢉ炯ꢋꢆ7ꢊꢁꢅꢂꢊ(ꢋ
0LQꢃꢀꢈꢂꢁꢂꢂꢂꢀRSHUDWLRQVꢀ
0LQꢍꢂꢊꢆꢉꢆꢆꢆꢂRSHUDWLRQV
ꢏꢃꢁꢄ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢉ炯ꢋꢆ7ꢊꢁꢅꢂꢊ(ꢋ
ꢊꢏꢍꢊ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢉ炯ꢋꢆ7ꢊꢁꢅꢂꢊ(ꢋ
ꢏꢃꢀꢄ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢉ炯ꢋꢆ7ꢊꢁꢅꢂꢊ(ꢋ
ꢅ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢉ炯7ꢐꢅꢂꢊ(ꢋ
(OHFWULFDOꢂ2SHUDWLQJꢂ)UHTXHQF\ꢂ
ꢈꢂaꢅꢂꢀRSHUDWLRQVꢀSHUꢀPLQXWH
ꢊꢏ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢃ7HPSꢎꢏꢅij ꢄ
0LQꢍꢂꢏꢉꢆꢆꢆꢂRSHUDWLRQV
0HFKDQLFDOꢂ6HUYLFHꢂ/LIH
ꢅ5$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢃ7HPSꢎꢐꢅij ꢄ
0LQꢍꢂꢊꢆꢉꢆꢆꢆꢂRSHUDWLRQV
60ꢈꢆ&ꢊꢏꢆꢂꢋꢀVHULHVꢉ6ꢏ/ꢏ'ꢀIRUFHꢌꢀꢀꢀꢀ0LQꢃꢀꢈꢂꢁꢂꢂꢂꢁꢂꢂꢂꢀRSHUDWLRQV
60ꢈꢆꢈꢂꢀVHULHVꢉ6ꢀIRUFHꢌꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀ0LQꢃꢀꢈꢁꢂꢂꢂꢁꢂꢂꢂꢀRSHUDWLRQV
$OOꢀVHULHVꢀIRUꢀ+ꢀIRUFHꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀꢀ1RꢀGHILQHꢀWKHꢀOLIH
0HFKDQLFDOꢂ2SHUDWLQJꢂ)UHTXHQF\ꢂ
ꢈꢍꢂꢀRSHUDWLRQVꢀSHUꢀPLQXWH
ꢀ5$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢃ7HPSꢎꢐꢅij ꢄ
0LQꢍꢂꢊꢆꢉꢆꢆꢆꢂRSHUDWLRQV
ꢀ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢉ炯7ꢐꢅꢂꢊ(ꢋ
ꢆꢍꢊ5$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢃ7HPSꢎꢐꢅij ꢄ ꢆꢍꢊ$ꢂꢊꢁꢅꢇꢁꢅꢆ9$&ꢉ炯7ꢐꢅꢂꢊ(ꢋ
0LQꢍꢂꢊꢆꢉꢆꢆꢆꢂRSHUDWLRQV
$33/,&$7,216
7+(ꢂ6(/(&7,21ꢂ2)ꢂ5$7,1*ꢂꢈꢂ)25&(
7HOHSKRQHꢁꢀ$LUꢀ&RQGLWLRQHUꢁꢀ&RPSXWHUꢁꢀ+XPLGLILHUꢁꢀ$ODUPꢁꢀ7LPHꢀ5HFRUGHUꢁꢀ
0L[HUꢀꢒꢀ&KRSSHUꢁꢀ6ROGHUꢀ*XQꢁꢀ1HRQꢀ3KRQHꢁꢀ)D[ꢀ0DFKLQHꢁꢀ-R\VWLFNꢁꢀ
:DWHUꢀ3XPSꢁꢀ*DVꢀ'HWHFWRUꢁꢀ3HQFLOꢀ6KDUSHQHUꢁꢀ0RQH\ꢀ6RUWHUꢁꢀ)RRGꢀ
3URFHVVRUꢁꢀ(OHFWULFꢀ.QLIHꢁꢀ7R\ꢀ&DUꢁꢀ-XLFHꢀ0DNHUꢁꢀ(OHFWULFꢀ6WHDNꢀ3DQꢃ
02'(/
60ꢊ
5DWLQJ
ꢆꢍꢊ$
ꢀ$
'
ꢑ
/
ꢑ
ꢑ
ꢑ
ꢑ
6
ꢑ
ꢑ
ꢑ
ꢑ
ꢑ
+
ꢑ
ꢑ
ꢑ
ꢑ
ꢑ
ꢑ
ꢑ
ꢅꢂ$
ꢑ
ꢏꢂ$
ꢊꢆ$ꢂ
ꢊꢏ$
127(Ɲ7KHꢀ6\PEROꢀꢓ ƍ ꢓꢀWRꢀUHSUHVHQWꢀWKHꢀUHVXOWꢀLVꢀDFFHSWHG
ꢀꢁ