ࡱ > ` X^ bjbj 7n / / / / l `0 \ Z b 0 ^ &1 &1 &1 &1 2 ~ 5 , 6 Y Y Y Y Y Y Y $ \ h L_ Z - '8 2 2 '8 '8 Z &1 &1 @30=870F89 2 2 0 0 6 3>4C 2 1>;LH59 AB5?5=8 1K;0 >@85=B8@>20=0 =0 ?>B@51=>AB8 @50;L=>9 M:>=>E@0=O;0AL CAB>9G820O B5=45=F8O @>AB0 :@548B=KE 2;>65=89. 0=:8 ?@>4>;60;8 0:B82=> :@548B>20BL =0@>4=>5 E>7O9AB2>. >B@0A;52>9 AB@C:BC@5 AAC4=>3> ?>@BD5;O ?@>87>H;8 A42838 2 AB>@>=C C25;8G5=8O :@548B>20=8O A5;LA:>3> E>7O9AB20, AB@>8B5;LAB20, 8?>B5:8. AB@C:BC@5 0:B82=>- ?0AA82=KE >?5@0F89 :><2 A>E@0=O5BAO ?@58AB 2:;04>2 =0A5;5=8O, 0 =0 @K=:5 =01;N405BAO 0:B82=K9 @>AB ?>B@518B5;LA:>3> :@548B>20=8O.
2 0 0 6 3>4C A>E@0=O5BAO B5=45=F8O C25;8G5=85 @>;8 10=:>2 A 8=>AB@0==K< CG0AB85A>15==> 2A:8AB @K=:0 @>7=8G=KE D8=0=A>2KE CA;C3 CA8;8205B 4825@A8D8:0F8N 10=:>2A:>9 45OB5;L=>AB8 8 A2O70==CN A =59 @07@01>B:C =>2KE 10=:>2A:8E ?@>4C:B>2 4;O =0A5;5=8O.
<5AB5 A B52A:0O A8AB5?@545;5==K5 B@C4=>AB8. A>15==> >AB@> AB>O;8 2>?@>AK 55 :0?8B0;870F88. 5AC@A=0O 1070 @>AA89A:8E 10=:>2 ?> A2>59 AB@C:BC@5 >AB05BAO :@0B:>A@>G=>9, 4>AB0B>G=> 25;8: @07@K2 2 AB@C:BC@5 @07 A@>:0E@0=ONI55AO >BAB020=85 @>AB0 :0?8B0;0 >B @>AB0 0:B82>2 2545B : A>:@0I5=8N 4>AB0B>G=>AB8 :0?8B0;0 8 =530B82=K1@07>AB8 10=:>2.
KH5>B2A:>3> A5:B>@0 2 ?>;=>9 4OB >B@065=85 8 2 45OB5;L=>AB8 !B5;;0- 0=: . @>3>, ?@>4>;60NBAO 87=0;L=>2> 40==K@==>- 0=0;8B8G5A:8E 2 0=:0 >AA88 ( H Y P E R L I N K " h t t p : / / w w w . A2r . r u " w w w . A2r . r u ) =0 1 . 1 0 . 2 0 0 6 3. 10=:>2A:89 A5:B>@ >AB>2A:>9 >1;0AB8 ?@54AB02;5= 2 4 A0AB>OB5;L=K=0;L=K<8 :@548B=K@30=870F8O<8 8 7 8 D8;80;0@30=870F89 4@C38E @538>=>2. $8;80;L=0O A5BL 8=>3>@>4=8E 10=:>2 ?@54AB02;5=0 2 >A=>2=>< :@C?=K<8 A:>2A:8<8 10=:0<8 A @0A:@CG5==K:89 B0@8D=>9 ?>;8B8:>9, O2;ONI85AO 1>;55 ?@82;5:0B5;L=K2.
5AB@O =0 MB> 2 2 0 0 6 3>4C !B5;;0- 0=: ?@>4>;60; 48=0 @072820BLAO, @01>B0; ?@81K;L=>, A>1;N40; ?@8=F8?K ;8:284=>AB8, ?;0B565A?>A>1=>AB8, CAB>9G82>AB8 8 4>AB0B>G=> =87:>9 AB5?5=8 @8A:0 2;>65=89 8 >BG5B=>4C ?>2KA8; >A=>2=K5 ?>:070B5;8 @01>BK 8 4>18;AO ?>;>68B5;L=KE @57C;LB0B>2 2 A2>59 45OB5;L=>AB8.
!B5;;0- 0=: - C=825@A0;L=K9 @538>=0;L=K9 10=:, >15A?5G820NI89 :;85=B020==K< ;8F04=>5 =0:>?;5=85 8 MDD5:B82=>5 @0A?>@O65=85 A@54AB20A=>25 H8@>:>3> :> 8 3> 187=5A0, D878G5A:85 ;8F0 @07;8G=>3> C@>2=O 4>E>4>2. A=>2=K5 =0?@02;5=8O 45OB5;L=>AB8:
0:B82=K5 >?5@0F88, ?@8=>AOI85 ?@>F5=B=K5 4>E>4K ( :@548B>20=85 :;85=B>2) ;
H8@>:89 A?5:B@ @>7=8G=KE CA;C3 =0A5;5=8N ( D878G5A:8< ;8F0AOI8E :>==K5 4>E>4K.
5@A?5:B82=K< =0?@02;5=85AB8 10=:0 O2;O5BAO @>7=8G=K9 187=5A, :>B>@K9 @50;87C5BAO ?>A@54AB2>AB8 D8=0=A>2KE AC?5@2 ( ?@54;>65=85 <0:A83> ?0:5B0 CA;C3 2 >4=>< ABL >1A;C6820=8O) .
2 0 0 6 3>4C 45OB5;L=>ABL 10=:0 1K;0 >@85=B8@>20=0 =0 @5H5=85 A;54CNI8E 7040G:
@0AH8@5=85 :>AB02;O5<KE ?@54?@8OB8O 8 3> 187=5A0 3. >AB>20- =0- >=C, >AB>2A:>9 >1;0AB8 8 @0A=>40@A:>3> :@0O;
?>445@60=85 A10;0=A8@>20==>AB8 AB@C:BC@K 0:B82>2 8 ?0AA82>2, MDD5:B82=>5 C?@02;5=85 ;8:284=>ABLN;
A>25@H5=AB2>20=85 A8AB5<K C?@02;5=8O @8A:025@H5=AB2>20=85 10=:>2A:8E B5E=>;>389, >15A?5G5=85 =5?@5@K2=>AB8 ?@>F5AA0 @07@01>B:8 8 2=54@5=8O =>2KE B5E=>;>389;
?>2KH5=85 :>=:C@5=B>A?>A>1=>AB8 ?@54>AB02;O59 107K;
@0AH8@5=85 :>2KE ?@>5:B>2 4;O D878G5A:8E 8 N@848G5A:8E ;8F;
2=54@5=85 8?>B5G=>3> ?@>5:B0 :@548B>20=8O 4;O D878G5A:8E ;8F.
A=>2=K?5@0F8O- :0AA>2>5 >1A;C6820=85: >B:@KB85 8 2545=85 10=:>2A:8E AG5B>2 D878G5A:8E 8 N@848G5A:8E ;8F ( 2 @C1;OE 8 8=>AB@0==>9 20;NB5) , 8=:0AA0F8O 45=56=KE A@54AB2 8 F5==>AB59, :0AA>2>5 >1A;C6820=85;
- ?@82;5G5=85 45=56=KE A@54AB2 2> 2:;04K D878G5A:8E 8 N@848G5A:8E ;8F 2 @C1;OE 8 8=>AB@0==>9 20;NB5;
- :@548B>20=85 N@848G5A:8E 8 D878G5A:8E ;8F, ?@54>AB02;5=85 :@548B=KE ;8=89, :@548B>20=85 2 D>@25@4@0DB , 25:A5;L=>5, 8?>B5G=>5 :@548B>20=85, 2K40G0 8 ?>4B25@645=85 30@0=B89;
- >?5@0F88 A F5==K<8 1C<030<8: @071AB25==KE 25:A5;59, CG5B 25:A5;59 AB>@>==8E M2, >?5@0F88 A 3>AC40@AB25==K@?>@0B82=K<8 F5==K<8 1C<030:070=85 45?>78B0@=KE CA;C3, 1@>:5@A:0O 8 48;5@A:0O 45OB5;L=>ABL;
- 4=K5 @0AG5BK ( ?5@52>4K) , 20;NB=K9 :>=B@>;L M:A?>@B=>- 8@B=KE A45;>:, >?5@0F88 ?> :C?;5- ?@>4065 157=0;8G=>9 8=>AB@0==>9 20;NBK =0 2=CB@5==54K 45=56=KE A@54AB2 ?> ?>@CG5=8N D878G5A:8E ;8F 157 >B:@KB8O 10=:>2A:8E AG5B>2;
- >?5@0F88 A 4@03>F5==K<8 <5B0;;0<8: @50;870F8O ?0==KE =5B, 7>;>BKE 2, >B:@KB85 8 2545=85 >157;8G5==KE 2;
- >?5@0F88 A ?;0AB8:>2K<8 :0@B0AB02;5=85 2> 2@55 ?>;L7>20=85 D878G5A:8< 8 N@848G5A:8< ;8F02A:8E A59D>2KE OG55: 4;O E@0=5=8O 4>:C2 8 F5==>AB59.
5=B015;L=>ABL :0?8B0;0 10=:0 70 >BG5B=K9 3>4 ( >B=>H5=85 G8AB>9 ?@81K;8 : :0?8B0;C A CG5B>AB02;O5B 7 , 5 % , @5=B015;L=>ABL 0:B82>2 10=:0 ( >B=>H5=85 G8AB>9 ?@81K;8 : 0:B8204=8< 87 48=0 @072820NI8EAO A@54=8E 10=:>2 3. >AB>20- =0- >=C 8 >AB>2A:>9 >1;0AB8. >A=>2=K?5@0F8OAOI8E>4 >B=>AOBAO: :@548B=K5 >?5@0F88, >?5@0F88 A 8=>AB@0==>9 20;NB>9, @0AG5B=>- :0AA>2>5 >1A;C6820=85 8 >?5@0F88 A F5==K<8 1C<030<8.
1I0O AC<E>4>2 10=:0 ( A CG5B>1KB89 ?>A;5 >BG5B=>9 40BK ( ! ) ) 70 2 0 0 6 3>4 A>AB028;0 1 1 0 4 8 7 4 BKA. @C1. , GB> 2 1 , 5 @070 1>;LH5 4>E>4>2 70 2 0 0 5 3>4. @81K;L 10=:0 ( A CG5B>< ! ) =0 0 1 . 0 1 . 2 0 0 7 3. 1 1 3 9 9 BKA. @C1. 0 @8A. 1 ?@54AB02;5=0 48=0E>4>2 70 1 9 9 6 - 2 0 0 6 3. 3. , =0 @8A. 2 - AB@C:BC@0 4>E>4>2 70 2 0 0 6 3.
E M B E D E x c e l . C h a r t . 8 \ s
E M B E D 803@0<E>4>2 70 2 0 0 6 3>4:
?@>F5=BK, ?>;CG5==K5 ?> ?@54>AB02;5==K< :@548B078B0< 8 8=K< @07<5I5==K< A@54AB20E>4K, ?>;CG5==K5 ?> >?5@0F8O< A F5==K<8 1C<030E>4K, ?>;CG5==K5 ?> >?5@0F8OAB@0==>9 20;NB>9 3 9 9 9 3 BKA. @C1.
2>AAB0=>2;5=85 AC< AG5B>2 D>=4>2 8 @575@2>2 9 4 6 9 6 9 BKA. @C1.
?@>G85 4>E>4K ( 2:;NG0O :> @0AG5B=>- :0AA>2>1A;C6820=8N) 3 7 9 5 7 BKA. @C1.
1I0O AC<4>2 10=:0 ( A CG5B>1KB89 ?>A;5 >BG5B=>9 40BK ( ! ) ) 70 2 0 0 6 3>4 A>AB028;0 1 0 9 3 4 7 5 BKA. @C1.
!B@C:BC@0 @0AE>4>2 70 2 0 0 6 3>4:
?@>F5=BK, C?;0G5==K5 ?> ?@82;5G5==K< A@54AB20 2 7 6 1 4 BKA. @C1. 87 =8E:
- ?@>F5=BK, C?;0G5==K5 70 ?>;CG5==K5 :@548BK :@548B=K@30=870F8OF5=BK, C?;0G5==K5 N@848G5A:8< ;8F0F5=BK, C?;0G5==K5 D878G5A:8< ;8F04K ?> >?5@0F8O< A F5==K<8 1C<0304K ?> >?5@0F8OAB@0==>9 20;NB>9 3 9 3 9 2 BKA. @C1.
@0AE>4K =0 A>45@60=85 0??0@0B0 1 1 0 4 8 BKA. @C1.
>BG8A;5=85 2 D>=4K 8 @575@2K 9 6 8 3 5 8 BKA. @C1.
:>4K ( A CG5B>< ! ) 4 0 0 0 8 BKA. @C1.
E M B E D 803@0<ABL @01>BK 10=:0 2 1>;LH59 AB5?5=8 7028A8B >B 4>E>4>2 ?> :@548B=K?5@0F8O4=0:> 2 2 0 0 6 3. 10=: ?@>4>;60; @0AH8@OBL 8 4@C385 284K CA;C3, 2 B>?5@0F88 A 8=>AB@0==>9 20;NB>9, @0AG5B=>- :0AA>2>5 >1A;C6820=85 8 @0728B85 ?;0AB8:>2KE ?@>5:B>2 4;O D878G5A:8E ;8F.
>;O @01>B0NI8E 0:B82>2 2 AB@C:BC@5 0:B82>2 10=:0 =0 0 1 . 0 1 . 2 0 0 7 3. A>AB02;O5B 6 9 , 2 % 2 B. G. 2;>65=8O 2 F5==K5 1C65=8O 6 7 % ; 4>;O 45=56=KE A@54AB2 2 AB@C:BC@5 0:B82>2 10=:0 2 7 , 4 % .
>;O ?@82;5G5==KE A@54AB2 2 AB@C:BC@5 ?0AA82>2 10=:0 =0 0 1 . 0 1 . 2 0 0 7 3. A>AB02;O5B 7 3 % , 2 B>2 3 4 , 5 % , 2K?CI5==K5 25:A5;O 5 , 1 % , 45?>78BK N@848G5A:8E ;8F 3 , 4 % , 2:;04K D878G5A:8E ;8F 2 9 , 5 % , >1;830F88 0 , 4 % .
>MDD8F85=B MDD5:B82=>AB8 8A?>;L7>20=8O 0:B82>2, B. 5. >B=>H5=85 >1J5B0NI8E 0:B82>2 : >1I59 25;8G8=5 0:B82>2 A=878;AO =0 2 , 3 ?@>F5=B=KE ?C=:B>2 70 AG5B C25;8G5=8O 45=56=KE A@54AB2 =0 :>@@5A?>=45=BA:>AA88 ?> >AB>2A:>9 >1;0AB8 8 A>AB028; =0 0 1 . 0 1 . 2 0 0 7 3. 6 9 , 2 % .
>A=>25 :;85=BA:>9 ?>;8B8:8 10=:0 - ?@54>AB02;5=85 :;85=B0;=>3> :>2KH5=85 :0G5AB20 8 :C;LBC@K >1A;C6820=8O, <0:A82 :;85=B>2. "0@8D=0O ?>;8B8:0 10=:0 AB@>8BAO =0 ?@8=F8?0E ?@81;865=8O : @50;L=>9 A515AB>8AB8 10=:>2A:8E CA;C3 8 A>>B25BAB28O @K=>G=K28O@?>@0B82=K<8 :;85=B0AB8, AB@>8B5;LAB20, B@0=A?>@B0 8 A2O78, 0 B0:65 ?@54?@8OB8O B>@3>2;8 8 AD5@K >1A;C6820=8O. 0 >BG5B=K9 3>4 :>;8G5AB2> AG5B>2 N@848G5A:8E ;8F 2 20;NB5 $, 8A?>;L7C52545=8O ?;0B5659, C25;8G8;>AL =0 5 , 7 % ( >B:@KB> 2 7 1 =>2KE AG5B>2) , :>;8G5AB2> AG5B>2 2 8=>AB@0==>9 20;NB5 C25;8G8;>AL =0 1 % , G8A;> :;85=B>2 N@848G5A:8E ;8F C25;8G8;>AL =0 5 , 6 % . 2 0 0 6 3>4C ?@>4>;60;0AL 0:B82=0O @01>B0 ?> ?5@52>4C :;85=B>2 =0 >1A;C6820=85 ?> A8AB5==>3> 2545=8O 10=:>2A:>3> AG5B0 ;85=B- 0=: . >;8G5AB2> AG5B>2, >1A;C6820NI8EAO ?> MB>9 A8AB57@>A;> =0 1 2 , 5 % . 3 0 , 5 % 2A5E AG5B>2 2 @C1;OE $, >B:@KBKE 2 10=:5 >1A;C6820NBAO ?> A8AB54>;605B @0AH8@OBL :> ?@8>@8B5B=>5 =0?@02;5=85 @0728B8O 10=:0. 1A;C6820=85 D878G5A:8E ;8F >ACI5AB2;O5BAO 2 H5AB8 :0AA0E 2=5 :0AA>2>3> C7;0, 345 =0A5;5=8N >:07K205BAO ?>;=K9 :>4K ?> >AA88 8 70 @C156 ?> A8AB5<0@@5A?>=45=BA:85 AG5B0 10=:0, ?@85 ?>30H5=8N ?>B@518B5;LA:8E :@548B>2, 2K40G0 A@54AB2 ?> ?;0AB8:>2K< :0@B0;>B0O >@>=0, ?@85<20=85 02B>B@0=A?>@B0, ?>:C?:0- ?@>4060 8 :>=25@A8O 20;NB. >:BO1@5 2 0 0 6 3>40 >B:@KB 4>?>;=8B5;L=K9 >D8A $8=0=A>2K9 AC?5@@85=B8@>20==K9 2 >A=>2=>2 D878G5A:8E ;8F.
2 0 0 6 3>4C 10=: ?@>4>;60; =0@0I820BL A>1AB25==K5 A@54AB20 ( :0?8B0;) . >AB :0?8B0;0 A2O70= A ?;0=><5@=KAB>< ?@81K;8 10=:0 8 ?@82;5G5=85@48=8@>20==>3> 45?>78B0. 0;0=A>20O ?@81K;L 10=:0 70 2 0 0 6 3. A>AB028;0 1 1 3 9 9 BKA. @C1. , GB> =0 2 5 , 5 % 1>;LH5 7=0G5=8O ?@81K;8 70 2 0 0 5 3. 2 4 . 0 4 . 2 0 0 6 3. 10=: 70:;NG8; 4>3>2>@ A 53>AC40@AB25==K==K=4> ?@82;5G5=88 AC1>@48=8@>20==>3> 45?>78B0 =0 AC<:>< =0 1 0 ;5B. 8=0<8:0 :0?8B0;0 ?@54AB02;5=0 =0 @8A. 3 .
E M B E D 803@0<AB02;O5B 7 0 0 0 0 BKA. @C1. 0;0=A>20O ?@81K;L 70 2 0 0 6 3. A>AB028;0 1 1 3 9 9 BKA. @C1. ( A CG5B>3 =0 ?@81K;L 2 @0720O ?@81K;L A>AB028;0 9 0 5 5 BKA. @C1. ( A CG5B>20O ?@81K;L ?>4;568B @0A?@545;5=8N @5H5=851I53> 3>4>2>3> A>1@0=8O 0:F8>=5@>2. 0 0 1 . 0 1 . 2 0 0 7 3. @575@2=K9 D>=4 AD>@20= 2 AC<<5 3 5 0 0 BKA. @C1. , B. 5. 2 @072;5==>3> =>@B CAB02=>3> :0?8B0;0.
!CI5AB25==KE 871KB89, >:0702H8E 8;8 A?>A>1=KE >:070BL 2;8O=85 =0 D8=0=A>2CN CAB>9G82>ABL 10=:0, 53> ?>;8B8:C ( AB@0B538N) 2 2 0 0 6 3. =5 1K;>.
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
>?@545;5=85 >B=>H5=8O : @07;8G=K< 28402;
:0G5AB25==0O 8 :>;8G5AB25==0O >F5=:0 ( 87B45;L=KE 284>2 @8A:>2;
CAB0=>2;5=85 2708A2O759 B45;L=K<8 28402 A F5;LN >F5=:8 2>7459AB28O ?@8OB89, ?;0=8@C53@0=8G5=8O >4=>3> 2840 @8A:0, =0 @>AB 8;8 C2=O 4@C38E @8A:>2;
>F5=:0 4>?CAB8AB8 8 >1>A=>20==>AB8 AC<3> @072;
A>740=85 ?>4A8AB5BA;56820=8O @8A:>2 =0 AB0488 2>7=8:=>25=8O =530B82=>9 B5=45=F88, 0 B0:65 ?>4A8AB53> 8 045:20B=>3> @5038@>20=8O, =0?@02;5==>9 =0 ?@54>B2@0I5=85 8;8 <8=8<870F8N @8A:0.
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
$0:B>@K, 2;8ONI85 =0 C@>25=L AB@0B538G5A:>3> @8A:0:
?@>D5AA8>=0;L=K9 C@>25=L A>B@C4=8:>2 ?>4@0745;5=89 0=:0 ( 2:;NG0O @C:>2>4OI89
A>AB02) , 2 :>B>@KE 2E>48B ?@8=OB85 @5H5=89 2 G0AB8 >F5=:8 2;8O=8O 40==KE @5H5=89 =0 25;8G8=C >A=>2=KE ?>:070B5;59 45OB5;L=>AB8 0=:0, 2 B>25=L D8=0=A>2>3> @57C;LB0B0 8 A>1AB25==KE A@54AB2 ( :0?8B0;0) 0=:0, 0 B0:65 >B25BAB25==KE 70 @07@01>B:C AB@0B538G5A:8E ?@8OB89;
C@>25=L ?@>D5AA8>=0;L=>9 ?>43>B>2:8 8 >B25BAB25==>AB8 ?5@A>=0;0 0=:0, =5?>A@54AB25==> >ACI5AB2;ONI53> 2K?>;=5=85 AB@0B538G5A:8E ?@8OB89;
C@>25=L >@30=870F88 4>:C>1>@>B0, C?@02;5=8O 8=D>@==KB>:0<8 <564C AB@C:BC@=K4@0745;5=8O<8 8 2 @04@0745;5=89;
C@>25=L >@30=870F88 2=CB@810=:>2A:>3> ( B5:CI53> 8 ?>A;54CNI53>) :>=B@>;O;
C@>25=L >@30=870F88 B5E=>;>38G5A:8E ?@>F5AA>2 8 :0G5AB20 ?@>3@0<4C:B>2;
:0G5AB20 >1A;C6820=8O :;85=B>2 0=:0.
4=82 <8=82 2 0=:5 O2;O5BAO CB25@645=85 B>@0O 2:;NG05B 2 A51O >A=>2=K5 @0745;K >?@545;ONI85:
:;85=B>2 10=:0;
?@54>AB02;O54C:BK 8 CA;C38;
>1;0ABL 45OB5;L=>AB8 8 @K=:8;
2845=85 =>2KE B5E=>;>389;
2845=85 2K6820=8O 8 @>AB0 0=:0;
D8;>A>D8N 187=5A0 0=:0;
:>=F5?F8N C?@02;5=8O;
701>BC > A2>8E @01>B=8:0E.
;0=>2K5 ?>:070B5;8 45OB5;L=>AB8 0=:0 CAB0=02;820NBAO =0 >?@545;5==K9 8A?>;=8B5;L=K@30=0<8 0=:0 ?;0=8@C54.
A=>2=K< M;5< <8=83> @8A:0 O2;O5BAO A1>@ 8 >1@01>B:0 8=D>@@>2 A B>G:8 7@5=8O A8;L=KE 8 A;01KE AB>@>=, 2>76=>AB59 8 C3@>7 ( S W O T - 0=0;87) . -B0? S W O T - 0=0;870 70:;NG05BAO 2 D>@20=88 F5;59 10=:0 =0 ?;0=8@C54 8 >?@545;5=88 A@54AB2 8E 4>AB865=8O. !B@0B538G5A:85 ?@8OB8O >?@545;ONBAO, 8AE>4O 87 :>=:@5B=KE :>@>2. >;=0O 8 4>AB>25@=0O 8=D>@ @K=:0E, =0 :>B>@KE 459AB2C5B 0=: ( 2=5H=85 D0:B>@K) , 8 A0@K) O2;O5BAO >A=>2>9 MDD5:B82=>3> ?;0=8@>20=8O 8 C?@02;5=8O. !1>@ 8 >1@01>B:0 8=D>@872>4OBAO 2 8=B5@5A0E AB@0B538G5A:>3> ?;0=8@>20=8O. @8B5@88 >B1>@0 B0:>9 8=D>@<0F88 2KB5:0NB 87 F54C@0 A1>@0 8 >1@01>B:8 206=>9 4;O AB@0B538G5A:>3> ?;0=8@>20=8O 8=D>@4OI85 >BG5B=K5 D>@:>:20;8D8F8@>20==K<8 A?5F80;8AB0;LHCN AB5?5=L :>=F5=B@0F88 @8A:0 2 10=:5 A>AB02;ONB :@548B=K5 @8A:8, 0 8 @8A: 2>7=8:=>25=8O C 10=:0 C1KB:>2 2A;54AB285 =58A?>;=5=8O, =5A2>52@53> ;81> =5?>;=>3> 8A?>;=5=8O 4>;6=8:>2KE >1O70B5;LAB2 ?5@54 10=:>>B25BAB288 A CA;>28O3>2>@0. 0=:>< ?@54CAB@5= :><?;5:A <8=82, 2:;NG0NI89 2 A51O A>2>:C?=>ABL B0:8E 3> ?>@BD5;O, CAB0=>2;5=85 ;82, =8B>@8=3 8 0=0;87 D8=0=A>2>3> A>AB>O=8O 7052, >F5=:0 :@548B>A?>A>1=>AB8 :;85=B>2 10=:0, @575@28@>20=85, >15A?5G5=85.
@548B=>9 ?>;8B8:>9 10=:0 ?@54CA20=85 A;54CNI8E :0B53>@89 7052:
N@848G5A:8E ;8F 2A5E D>@1AB25==>AB8, 2 B>ACI5AB2;O5B :@548B>20=85 N@848G5A:8E ;8F @07;8G=KE >B@0A;59 8 ?>4>B@0A;59 M:>=>ABL,
A5;LA:>5 E>7O9AB2>,
AB@>8B5;LAB2>,
B>@3>2;O,
B@0=A?>@B,
A2O7L.
AE>4O 87 ?@8=F8?0 48DD5@5=F8@>20==>AB8, 0=: =5 ?@845@68205BAO 65AB:8E ( >3@0=8G5==KE) ?@8>@8B5B>2 ?> >B@0A;52>9 ?@8=04;56=>AB8 8 B5@@8B>@80;L=>;>65=8N A2>8E 7052. 48=AB25==K3@0=8G820NI8< :@8B5@851J5<0E @07 >B@0A;52><C ?@87=0:C O2;O5BAO AB@5?CI5=8N :@548B>20=8O ?@54?@8OB89 >4=>9 >B@0A;8 2 @07B 25;8G8=K :0?8B0;0 0=:0 =0 :064CN >BG5B=CN 40BC.
0=: :@548BC5B ?@8>@8B5B=KE 7052:
=0E>4OI8EAO =0 @0AG5B=>- :0AA>2>1A;C6820=88 2 0=:5;
O2;ONI8EAO :;85=B0<8 ( 705<I8:0@30=870F8OE, ?@8 CA;>288 A>3;0A8O :;85=B>2 =0 ?@>2545=85 10=:>2A:8E >?5@0F89 2 0=:5 ( , 70@?;0B=K5 ?@>5:BK, :@548B>20=85, 20;NB=>5 >1A;C6820=85, >?5@0F88 A F5==K<8 1C<030<8, @071>4=KE 45=56=KE A@54AB2 =0 45?>78B0E, @0AG5B=KE ( B5:CI8E) AG5B0E, 8=:0AA0F8O 8 4@) ;
A>1AB25==8:8 8/ 8;8 @C:>2>4AB2> :>B>@KE 82CN @5?CB0F8N 8/ 8;8 4;8B5;L=CN :@548B=CN 8AB>@8N 2 0=:5;
2K1@02H8E 0=: 2 :0G5AB25 548=AB25==>3> ( >A=>2=>3>) 10=:0- ?0@B=5@0 4;O ?@>2545=8O 2A53> :>2A:8E >?5@0F89;
>1J5B>@KE ?>72>;O5B 0=:C ?>;=>ABLN ?>:@K20BL ?>B@51=>ABL 2 ?@82;5G5=88 82, ?@8 MB>25=L :>B>@KE 7028A8B >B >1J52;5==CN =AB@C:F859 1 1 0 - ;
85 7=0G5=85 4;O @0728B8O 0=:0, C45@60=8O 459AB2CNI8E 8 ?@82;5G5=8O 4>?>;=8B5;L=KE :;85=B>2 2 0=:.
;O <8=82 0=: 2 :0G5AB25 ?5@28G=>3> 8AB>G=8:0 ?>30H5=8O 704>;65==>AB8 ?> :@548BC ?@8=89G82K9 187=5A ( B5:CI0O 45OB5;L=>ABL) 705ABL :>B>@>3> 65B 1KBL 845=B8D8F8@>20=0 8 >F5=5=0 ( B@51>20=85 ?@>7@0G=>AB8 187=5A0) ;
- M:>=>B D8=0=A>2KE 2;>65=89, >ACI5AB2;O5<KE 70 AG5B ?@82;5:053> :@548B0 ( ?@>5:B=>5 D8=0=A8@>20=85) . ;O >F5=:8 M:>=>3> MDD5:B0 705;65= ?@54>AB028BL B5E=8:>- M:>=>5 >1>A=>20=85, :>B>@>5 >4=>7=0G=> ?>4B25@6405B MDD5:B82=>ABL ?@>5:B0.
:0G5AB25 2B>@8G=>3> 8AB>G=8:0 ?>30H5=8O 704>;65==>AB8, <8=8 :@548B=K5 @8A:8, 2KABC?0NB:
70;>3 8<CI5AB20 8 81@5B053> 70 AG5B :@548B=KE @5AC@A>2) ;
70;>3 187=5A0 ( 70;>3 4>;8 2 CAB02=>< :0?8B0;5 7053 8@CG8B5;LAB20 8 30@0=B88 AB>@>==8E >@30=870F89;
2>76=>ABL ?@>4068 G8ABKE 0:B82>2 :>30H5=8O 704>;65==>AB8 ?5@54 0=:>76=>ABL @50;870F88 ( ?5@5CABC?:8) 704>;65==>AB8 705<I8:0 4@C38@30=870F8O2A:8<) .
, 8 B R \
:
0
: h X h
hT h3+ h! h
h | hn CJ aJ h[ CJ aJ h& CJ aJ h! CJ aJ hZW h! 0J= CJ aJ hZW h! 0J= CJ aJ mH sH %j hZW h! CJ UaJ mH sH +j hZW h! CJ UaJ mH sH hZW h! CJ aJ mH sH hZW h! CJ aJ % > @ d! % % 6& H& X& ^& l& & & & ~* * z1 1 1 02 22 f2 h2 j2 l2 n2 p2 r2 t2 2 2 2 3 D4 澹澦
h/ 5aJ
hc= 5aJ
hX 5aJ
hP 5aJ h
. h X h* \ h? \h X h* 5aJ hPI h X h X h m h(7 hv_> h X h(7 h X h* h X h
h3+ h
hT 8d! " J# # $ % V% % 6& & & 6' ( ) * , . . 0 J0 x1 z1 3 .5 7 7 $a$ . $a$ $
& F
a$ . $
& F
a$ D4 F4 H4 Z4 \4 l4 n4 r4 t4 4 05 5 5 5 5 6 6 6 6 26 86 p6 r6 6 6 6 6 6 6 6 6 \7 ^7 f7 h7 7 7 7 7 7 7 7 7 癓s j h> hj CJ U$jI
hj 5CJ UVnHtH
h, CJ j h, CJ Uh` h` 5aJ h` h< 5aJ
h< 5aJ h X h* \aJ
h$
5aJ
hy 5aJ h< h< 5aJ
ht 5aJ h X h* 5aJ
h/ 5aJ
hsZ 5aJ *7 7 7 J8 L8 N8 P8 T8 8 8 8 8 8 8 8 <9 J9 N9 V9 b9 9 9 9 9 ~: : : : ; ; "; $; *; 8; :; ; ; ; ; < < < < < < B= D= = ̿ߵ}
hy 5aJ
ht2x 5aJ
h| 5aJ
hP
5aJ
h$
5aJ
h| 5aJ
h 5aJ
h3K 5aJ h X h* 5aJ j h X hEV UaJ $jI
hEV 5CJ UVnHtH h X h* aJ j h X h* UaJ h` h, 5aJ /7 R8 T8 V8 8 x9 : : N; < ? ? @ @ @ dA A @B BB B B B D F dH . $a$ = = B> > > > ? ? ?
? ? v? |? ? ? ? ? ? ? l@ p@ |@ @ @ @ @ .A 6A :A >A LA PA A A A A A A B B *B ,B .B BB DB B B B B B 罶 j h X haw UaJ $jI
haw 5CJ UVnHtH h X h* aJ j h X h* UaJ
hd 5aJ
h< 5aJ
h| 5aJ
hX3 5aJ
h, 5aJ
h8xM 5aJ
h1| 5aJ
h3K 5aJ h X h* 5aJ
h" 5aJ 1B B xC zC hE jE E E E E F F zF F G G 6G :G G G G G G 2H 4H 6H 8H :H \H ^H J J J J J J lN zN N fO hO pO |O O O nP xP zP Q Q Q Q R R R .T 0T LT VT ǫ
ha 5aJ h` h` 5aJ
ha5:B>2, ?>43>B>2:0 A>>B25BAB2CNI53> 70:;NG5=8O > 53> F5;5A>>1@07=>AB8 8 AB5?5=8 @8A:0. ACI5AB2;O5BAO :>=B@>;L F5;52>3> 8A?>;L7>20=8O :@548B>2 8 A>AB>O=8O 70;>30.
5H5=85 > 2K40G5 :@548B>2, 87289 :@548B=>3> 4>3>2>@0, CAB0=>2;5=88 ;82, ?@8A2>5=8O :;0AA8D8:0F8>==>9 3@C??K @8A:0 ?@8=8;L:> :>;;5380;L=> @548B=K 2=510;0=A>2K2K< 8=AB@C<5=B0?@545;O5BAO :0: 25@>OB=>ABL C1KB:>2 87- 70 =5A?>A>1=>AB8 4@C3>3> CG0AB=8:0 >?5@0F88 A 40==K2K< 8=AB@C;=8BL CA;>28O 4>3>2>@0. ;O <8=82 0=: A>7405B 2 =5>1E>48< @0776=K5 ?>B5@8.
=0G5=85 >1O70B5;L=>3> =>@4=>3> 8;8 3@C??C A2O70==KE 7052 70 2 0 0 6 3>4 =5 ?@52KH0;> CAB0=>2;5==>5 <0:A85 7=0G5=85 2 5 % . >BG5B=>45 <0:A85 7=0G5=85 =>@AB028;> 2 1 , 8 % =0 0 1 . 0 7 . 2 0 0 6 3.
K=>G=K9 @8A:, A2O70= A =51;03>?@8OB=K<8 87<5=5=8OG=>9 AB>8AB8 D8=0=A>2KE 8=AB@C2 B>@3>2>3> ?>@BD5;O 8 ?@>872>4AB25==KE D8=0=A>2KE 8=AB@C2 10=:0, 0 B0:65 :C@A>2 8=>AB@0==KE 20;NB 8 4@03>F5==KE 2.
>=F5=B@0F8O D>=4>2>3> @8A:0 ( @8A:0 C1KB:>2, 2A;54AB285 =51;03>?@8OB=>3> 87G=KE F5= =0 D>=4>2K5 F5==>AB8) 2 10=:5 <8=8AB8 >?5@0F89 =0 @K=:5 F5==KE 1C=F5=B@0F8O ?@>F5=B=>3> @8A:0 ( @8A:0 D8=0=A>2KE ?>B5@L, 2A;54AB285 =51;03>?@8OB=>3> 87F5=B=KE AB02>: ?> 0:B820<, ?0AA8202K< 8=AB@C<5=B0<) 2 10=:5 8<55B . ;O <8=8F5=B=KE @8A:>2 0=: @07@01>B0; ?@>F5=B=CN ?>;8B8:C, :>B>@>9 AB@>3> ?@845@68205BAO ?@8 ?@82;5G5=88 8 @072. @0=48@>20=8O @5AC@A>2 10=: CAB0=02;8205B ;8<8BK @073@0=8G820NI85 ?> A@>:0<, 5A;8 @078AE>48B A25@E CAB0=>2;5==KE ;82, ?@>2>48BAO 45B0;878@>20==K9 0=0;87 B0:8E A45;>:, A ?>A;54CNI81O70B5;L=K;;5380;L=K< @5H5=853> :>=F5=B@0F8O 20;NB=>3> @8A:0 ( @8A:0 C1KB:>2 2A;54AB285 =51;03>?@8OB=>3> 872 8=>AB@0==KE 20;NB 8 4@03>F5==KE 2 ?> >B:@KBK< 20;NB=K78F8O<) 70=878F8N. ! F5;LN >3@0=8G5=8O 20;NB=>3> @8A:0 ?@>2>48BAO A;54CNI0O @01>B0:
- C?@02;5=85 >B:@KB>9 20;NB=>9 ?>78F859 ?CB52;5=8O 8 ?>445@60=8O >?B8<0;L=KE 2=CB@5==8E ;82 >B:@KB>9 20;NB=>9 ?>78F88 =0 >A=>25 >?5@0B82=>3> 0=0;870 8 ?@>3=>78@>20=8O @K=>G=KE CA;>289;
- 8A?>;L7CNBAO 70I8B=K5 >3>2>@:8 2 A>3;0H5=8OE 8 :>=B@0:B0E A 8=>AB@0==>9 20;NB>9, ?@54CA76=>ABL 8E ?5@5AB@0 2 ?@>F5AA5 8A?>;=5=8O, 0 B0:65 2:;NG5=85 2 :@548B=K5 :><=B@0:BK 20;NB=KE >3>2>@>:- CA;>289 ?5@5AB@0 AC<?>@F8>=0;L=> 8720=85 20;NB=>9 ?>78F88 ?CB5445@60=8O AB@C:BC@=>9 A10;0=A8@>20==>AB8 0:B82>2 8 ?0AA82>2, ?>72>;ONI55 ?5@5:@K20BL C1KB:8 >B 873> :C@A0 ?@81K;LN, ?>;CG059 >B B>3> 65 :C@A0;
- >?5@0B82=>5 20=85 A@>:0ACI5AB2;5=8O @0AG5B>2, ?@8<5=O55 2 >6840=88 @57:8E 872 20;NBK F5=K 8 20;NBK ?;0B560;
- 4825@A8D8:0F8O 20;NB=>3> :@548B=>3> ?>@BD5;O ?> 045:20B=K< ;8<8B0:0<, 2840F5=B=KE AB02>:, ?@8=8<0515A?5G5=8N.
>@O4>: @0AG5B0 @K=>G=KE @8A:>2 CAB0=>2;5= >;>65=85AA88 !8 9 - >B 2 4 . 0 9 . 1 9 9 9 3. ?>@O4:5 @0AG5B0 :@548B=K@30=870F8O<8 @07G=KE @8A:>2 . 0 0 1 . 0 1 . 2 0 0 7 3. 25;8G8=0 @K=>G=>3> @8A:0 ?> 10=:C A>AB028;0 6 5 4 6 , 7 5 BKA. @C1. !>AB02;ONI59 @0AG5B=>9 25;8G8=K @K=>G=>3> @8A:0 10=:0 O2;O5BAO 20;NB=K9 @8A:. @>F5=B=K9 8 D>=4>2K9 @8A:8 =5 @0AAG8BK20NBAO 2 A2O78 A =57=0G8B5;L=K1J5@3>2>3> ?>@BD5;O 10=:0.
=0G8B5;L=>5 2=820=8N @8A:0 ;8:284=>AB8. 8A: ;8:284=>AB8 2>7=8:05B 2 @57C;LB0B5 =5A10;0=A8@>20==>AB8 D8=0=A>2KE 0:B82>2 8 D8=0=A>2KE >1O70B5;LAB2 :@548B=>9 >@30=870F88, 2 B>52@53> 8A?>;=5=8O D8=0=A>2KE >1O70B5;LAB2 >4=8;L:8=B@035=B07=8:=>25=8O =5?@542845==>9 =5>1E>48AB8 =53> 8 548=>2@53> 8A?>;=5=8O 10=:>8E D8=0=A>2KE >1O70B5;LAB2. 0=: ?>425@65= @8A:C 2 A2O78 A 5654=52=>9 =5>1E>48ABLN 8A?>;L7>20=8O 82 ?> AG5B02, ?@8 =0ABC?;5=88 A@>:0 ?>30H5=8O 45?>78B>2, ?> 2K40G5 :@548B>2, ?@>872545=85 30@0=B8O ?@>872>4=K2K< 8=AB@C<5=B0 :>B>@K872>4OBAO 45=56=K<8 A@54AB20<8. 0=: =5 0::C2@53> 2K?>;=5=8O >1O70B5;LAB2 ?> 2A5< 2KH5C:070==K20=8O4O 87 8<5NI59AO ?@0:B8:8, 6=> A 4>AB0B>G=>9 4>;59 B>G=>AB8 ?@>3=>78@>20BL =5>1E>4825=L 45=56=KE A@54AB2 4;O 2K?>;=5=8O 40==KE >1O70B5;LAB2.
10=:5 @07@01>B0=0 8 459AB2C5B A8AB5F5=:8, 0=0;870 8 :>=B@>;O ;8:284=>AB8 10=:0.
F5=:0 25==>9 ;8:284=>AB8 ?@>872>48BAO >B45;>@30=870F88 157=0;8G=KE @0AG5B>2 8 :>@@5A?>=45=BA:8E >B=>H5=89 5654=52=> =0 >A=>20=88 40==KE 10;0=A0 8 >?5@0B82=KE 40==KE ?> A>AB>O=8N =0 9 - 0 0 , 1 3 - 0 0 , 1 4 - 3 0 , 1 6 - 0 0 , 1 7 - 0 0 , A F5;LN >?@545;5=8O >?5@0B82=>9 ?>B@51=>AB8 2 @5AC@A0E, ;81> > 2>76=>AB8 8E @07;3>A@>G=>9 ;8:284=>AB8:
?@>872>48BAO ?@5420@8B5;L=K9 ( ?@>3=>78@C5A;54CNI89 ( =0 >A=>20=88 >BG5B=>AB8) @0AG5B >?5@0B82=KE ?>:070B5;59 ;8:284=>AB8, ?@>872>48BAO 0=0;87 B5=45=F89 8E 87=B@>;L 70 A>1;N45=8520=89 0=:0 >AA88;
0=0;87 @8A:0 ?>B5@8 ;8:284=>AB8 2 A2O78 A @07@K2>:0E ?>30H5=8O B@51>20=89 8 >1O70B5;LAB2 2 ?@5420@8B5;L=>3=>78@C5<K:070B5;OA;54CNI5A=>20=88 >BG5B=>AB8) ?>@O4:5.
?@>3=>7 D8=0=A>2KE ?>:070B5;59 =0 >A=>20=88 A2545=89 0=0;8B8G5A:>3> CG5B0 ?> 4>E>40407=8:=
knauf
-
rlc
asus p505
pki
dhl
/
pki
shell omala
braas
hi-fi
datamax
macintosh
contiwinterviking
dolmar
2114
478
li-da
-
sky link
nokia 3230
ziplock
sharp ar-5415
russia music awards
dimplex model magic (sp8)
2115
dolmar
li-da
mastercard