E]d_Y_jj}Y^[i_h_if[jj_^WjhW\ÓYe"ijh[ii"ice][X_Y_Yb[jj[$
BWY_jj}^WkdÊWjcei\[hWkd_YW"kdÊWh_W_dYed\edZ_X_b["Y^[j_f[d[jhWd[_febced_c[djh[bW[ifbeh_"WdZWdZeWb
bWlehe"fWii[]]_WdZef[h_l_Yeb_"kiY[dZeZWkdh_ijehWdj["_dYeZWf[h[djhWh[_dkdbeYWb[$
IWdj_d_bel[j^[Y_jo[f[hbWfh_cWlebjWfh[i[djWkdWYebb[p_ed[Z[Z_YWjWW_Y_Yb_ij_ZWY_jj}$CWj[h_Wb_j[Yd_Y_cW
beeaWYYWjj_lWdj["Yec\ehj[ij_b[$Jkjje"ell_Wc[dj["CWZ[_d?jWbo$
;l[hofhef[hY_joYec[im_j^jhW\ÓY"ijh[ii"Z_hjWdZX_YoYb[i$
J^[Y_jo^WiWkd_gk[Wjceif^[h["Z_ij_dYj_l[W_hj^Wjf[d[jhWj[ioekhbkd]im^_b[oek[nfbeh[_j"]e_d]jemeha"
mWba_d]j^hek]^_jiWbb[oi"Yec_d]ekje\Wh[ijWkhWdj"gk[k_d]ekji_Z[oekh\Wleh_j[YbkX$
IWdj_d_bel[j^[Y_joWdZ\ehj^[Óhijj_c[fh[i[djWYebb[Yj_edZ[Z_YWj[Zjej^[Y_joh_Z[hi$J[Y^d_YWbcWj[h_WbiXkj
Yeebbeea"Yec\ehjWdZijob[$;l[hoj^_d]"e\Yekhi["CWZ[_d?jWbo$
<>6886$?68@:I
B6<A>DC:$HL:6I:G
EDADB6C>86AJC<6$EDADH=>GI
688:HHDG>$688:HHDG>:H
";:AE6$HEDGINHL:6I:G
"EDADB6C>868DGI6$H=DGIHA::K:EDAD
"<6B76A:$<6>I:GH
"E6CI6ADC>6CI>K:CID$L>C9EGDD;E6CIH
"B6<A>668FJ6O:GD$68FJ6O:GD?:GH:N
"<>A:I6AI6ÉK>H>7>A>I6É$=><=K>H>7>A>INK:HI
"86E:AA>CD$=6I
"<J6CI>$<ADK:H
"B6H8=:G>C66CI>K:CID$L>C9EGDD;B6H@
"E6HH6BDCI6<C6$76A68A6K6
%+
&%
&)
&-
886
@:I
,
:E*(&-+
F7H?I
=_WYYW Zeff_e ijhWje Yed _dj[hde [bWij_Y_ppWje Wdj_l[dje
[ Y^_kikhW p_f -+ Yc [ _cXejj_jkhW b[]][hW ikbbW fWhj[
[ij[hdWYedfWhWcedjkhW[Y^_kikhWWXejjed_$:k[jWiY^[
\hedjWb_Yedp_f[jWiYWfeij[h_eh[Yedp_f[cWhj_d]WbWW
Yef[hjkhW$:[jjW]b_h_\hWd][dj_ikbh[jhef[hkdWc_]b_eh[
l_i_X_b_j}ikijhWZW$?Z[Wb[f[hgkWdZededlke_h_dkdY_Wh[
WbbWX_Y_d[cc[ded[bb[]_ehdWj[\h[ZZ[[kc_Z[$
:ekXb[#bWo[hijh[jY^`WYa[jm_j^_dj[hdWb[bWij_YWj[Zm_d#
ZXh[Wa[h"-+Ycp_ff[h$B_]^jfWZZ_d]edj^[ekji_Z[m_j^
fbWYa[j WdZ Xkjjed Ybeikh[$ Jme p_ff[h[Z \hedj feYa[ji
WdZ h[Wh p_f feYa[j m_j^ p_f Yel[h_d]$ H[Ô[Yj_l[ Z[jW_bi
edj^[XWYa\ehX[jj[hl_i_X_b_joedj^[heWZ$?Z[Wb\ehm^[d
oekZedÊjmWdjje]_l[kfh_Z_d]j^[X_a[[l[dedYebZWdZ
^kc_ZZWoi$
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
ICBNBNNB
C:
:;JJ7=B?J;9D?9?%J;9>D?97B<;7JKH;I
"9DEE>DHIG6ID$9DJ7A:A6N:G
">CI:GCD:A6HI>8>OO6ID6CI>"K:CID$>CI:GC6A:A6HI>86I:9
L>C97G:6@:G
"9:II6<A>G>;G6C<:CI>$G:;A:8I>K:9:I6>AH
<>688
?68@
>DC:
6I:G
'&
:E*'&-+
HEC;
CW]b_ed[_dBWdW+&[Feb_fhef_b[d[+&cehX_Ze"YWb#
Ze[Z[YY[p_edWbc[dj[jhWif_hWdj[$7ffb_YWp_ed_ikfWhj[
\hedjWb[[ifWbb[_dj[iikjeWdj_l[djeYedb[]][hW_cXej#
j_jkhW$ 9^_kikhW Yed p_f -+ Yc$ 9ebbe Wbje Yed YWffkYY_e
Wdj_f_e]]_W[ijhW_X_b[$JWiY^[bWj[hWb_Yedp_f[Yef[hjkh[
_cXejj_j[ik_]ec_j_$Be]eh_\hWd][dj[:EMDJEMD$BÊ_d#
Zkc[dje f[h\[jje f[h ZWhj_ bW cWii_cW YeceZ_j} [ fhe#
j[]][hj_ZWbl[djec[djh[f[ZWb_$
Im[Wj[h +& Febofhefob[d[ WdZ +& Meeb" ie\j" mWhc
WdZ [nY[fj_edWbbo Xh[Wj^WXb[$ 7ffb_YWj_edi ed j^[ \hedj
WdZXWYa_dm_dZiYh[[d\WXh_Ym_j^b_]^jfWZZ_d]$-+Yc
p_ff[h$ >_]^ YebbWh m_j^ Z[jWY^WXb[ hW_d ^eeZ$ P_ff[h[Z
i_Z[feYa[jiWdZfWZZ[ZYel[hedj^[[bXemi$:EMDJEMD
h[Ô[Yj_l[be]e$J^[f[h\[Yj]Whc[djje]_l[oekcWn_ckc
Yec\ehjWdZfhej[Yj_ed\hecj^[m_dZm^_b[h_Z_d]$
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
ICBNBNNB
C:
:;JJ7=B?J;9D?9?%J;9>D?97B<;7JKH;I
"BDG7>9D!86A9D:IG6HE>G6CI:$HD;I!L6GBVcY7G:6I=67A:
"6EEA>86O>DC>>CI:HHJID6CI>"K:CID$L>C9EGDD;;67G>8
6EEA>86I>DCH
"86EEJ88>D6CI>"E>D<<>6:HIG6>7>A:$9:I68=67A:G6>C=DD9
"8DE:GIJG:G>C;DGO6I:HJ><DB>I>$E699:98DK:GDCI=::A7DLH
B6<A>
HL:6I
AD
H=>GI
'*
:E'*.FB
8;HB?D
Febe cWd_YW bkd]W _d BWdW -) [ Feb_fhef_b[d[ (-"
cehX_ZW[b[]][hWikbbWf[bb["cWdj_[d[_bYWbeh[Yehfe#
h[e$ 9ebbe W Yeij_dW Yed Y^_kikhW ) Xejjed_ [ ifWYY^[jje
bWj[hWb[$Be]eh_\hWd][dj[:EMDJEMDikbbWcWd_YW$
Bed]Ib[[l[Febei^_hj-)MeebWdZ(-Febofhefob[d["
ie\jWdZ][djb[edj^[ia_d"^[bfia[[f_dj^[XeZo^[Wj$
H_XX[ZYebbWhm_j^)XkjjedYbeikh[WdZi_Z[ib_ji$:EMD#
JEMDh[Ô[Yj_l[be]eedj^[ib[[l[$
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
ICBNBNNB
C:
<G
:;JJ7=B?J;9D?9?%J;9>D?97B<;7JKH;I
"B6CI>:C:>A86ADG:8DGEDG:D<G6O>:6AEDA>EGDE>A:C:$
@::EH>CI=:7D9N=:6II=6C@HIDI=:EDANEGDENA:C:
"HE688=:II>A6I:G6A>E:GJC6B><A>DG:K:HI>7>A>I¿$H>9:HA>IH
;DG>BEGDK:9;>I
EDA
EDADH
HDG>
DG>:H
'.
? YWf_ Y^[ l[Zh[j[ d[bb[ fW]_d[ W i[]k_h[ iede Yecfb[#
c[dj_ W gk[ijW Yebb[p_ed[$ F_YYeb_ f[pp_ f[h jkjj_ _ ]_ehd_
f[hW_kjWhj_Wl_l[h[c[]b_e$KdWYY[iieh_e„f[hZ[Ód_p_e#
d[gkWbYeiWZ_ded_dZ_if[diWX_b["cWYecfb[jW_bjkebeea
[dedd[fke_f_’\Wh[Wc[de
J^[ ]Whc[dji _d j^[ d[nj \[m fW][i Wh[ WYY[iieh_[i je
j^_iYebb[Yj_ed$IcWbbf_[Y[i\eh[l[hoZWoje^[bfoekb[WZ
WX[jj[hb_\[$
7dWYY[iieho_i\ehZ[Ód_j_eddej[ii[dj_WbXkj_jYecfb[#
j[ioekhbeeaWdZoekYWddejZem_j^ekj_j
688:H
688:HH
:E*&&-+
?J7BO
<[bfW_dYejed[Yed_dj[hde\[bfWje$:k[jWiY^[bWj[hWb_[
Y^_kikhWYedp_fbkd]W$H_YWceIWdj_d_ikbbWXWdZWY[d#
jhWb[$
Ifehjo Im[Wj[h _d fbki^ Yejjed m_j^ fbki^ _dj[h_eh$ Jme
i_Z[feYa[jim_j^\kbbp_fYbeikh[$IWdj_d_[cXhe_Z[hoed
j^[Y[dj[hXWdZ$
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
NIICBNBNNB
C:
7>
:E'*-FB?J7BO
:E'*-FB?J7BOB7:O
?J7BO
FebecWd_YWYehjW_dYejed[X_[bWij_Ye$9ebbeYedY^_kikhW
W)Xejjed_$IfWYY^[jj_bWj[hWb_f[hkdWc_]b_eh[l[ij_X_b_#
j}$H_YWceIWdj_d_ikbbWXWdZWY[djhWb[$
I^ehjib[[l[febe_djme#mWoijh[jY^Yejjed$d[Yab_d[m_j^
)XkjjedYbeikh[$I_Z[ib_ji\ehWX[jj[hÓj$IWdj_d_[cXhe_#
Z[hoedj^[Y[dj[hXWdZ$
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
C;D9KJ
ICBNBNNB
MEC;D9KJ
NIICB
C:
7>
:E-'&##
:E-&&##
DOEHA
BED:ED
=WcXWb[ \[hcW fWdjWbed[ _d j[iikje Wdj_#l[dje [ Wdj_#
cWYY^_W$9^_kikhW_dl[bYhe[Z[jjW]b_h_\hWd][dj_f[h]W#
hWdj_h[cWii_cWl_i_X_b_j}ikijhWZW$
FWdjWbed_ _d j[iikje Wdj_#l[dje [ h[i_ij[dj[ WbbÊWYgkW Yed
p_fbWj[hWb_[Wioed%e\\$F[h\[jjWl[ij_X_b_j}iefhWe]d_j_feZ_
fWdjWbed["Yec\ehj[\WY_b_j}Z_l[ij_p_ed[$
=W_j[hi_dm_dZfhee\WdZijW_dh[i_ijWdjcWj[h_Wb$L[bYhe
Ybeikh[WdZh[Ô[Yj_l[Z[jW_b_d]je[dikh[cWn_ckcl_i_#
X_b_joedj^[heWZ$
FWdji_dm_dZfhee\WdZmWj[hfhee\cWj[h_Wb$P_ff[h[Zi_Z[i
cWa[ j^[c [Wio je ][j ed e\\$ F[h\[Yj Ój ed Wbb jof[i e\
fWdji"Yec\ehjWXb[WdZ[Wiojem[Wh$
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
C:
KD?97%ED;I?P;
NI%I#C%B#NB%NNB#)NB%*NB
:;JJ7=B?J;9D?9?%J;9>D?97B<;7JKH;I
:;JJ7=B?J;9D?9?%J;9>D?97B<;7JKH;I
"I:HHJID6CI>"K:CID:6CI>"B688=>6$L>C9"EGDD;6C9
HI6>C"EGDD;;67G>8
"9:II6<A>G>;G6C<:CI>$G:;A:8I>K:9:I6>AH
"8=>JHJG6>CK:A8GD$K:A8GD8ADHJG:
"I:HHJID6CI>"K:CID:G:H>HI:CI:6AAÉ68FJ6$L>C9"EGDD;6C9
L6I:GG:H>HI6CI;67G>8
"O>EA6I:G6A>:6HNDC"D;;$:6HNDC"D;;H>9:O>EE:GH
<M(',&-+
>(P;HE
CW]b_WcWd_YWbkd]W_dj[iikje7YgkWp[he.&Feb_Wcc_Z["
(&;bWijWd[YY[p_edWbc[dj[[bWij_Ye[YWbZe[h[i_ij[dj[
WbbÊWYgkWfkhcWdj[d[dZebWcWii_cWjhWif_hWX_b_j}]hWp_[
Wbbe if[Y_Wb[ jhWjjWc[dje 7YgkWp[he$ :[i_]d c_d_cWb Yed
YkY_jkh[_dYedjhWijeYebeh[[f_Wjj_dWh_\hWd][dj[f[hWii_Yk#
hWh[kdWc_]b_eh[l_i_X_b_j}ikijhWZW$P_fh_\hWd][dj[bkd]W$
8ehZ_de[bWij_YeikcWd_Y^[[\edZef[hkdWc_]b_eh[l[ij_#
X_b_j}$Jh_fbWjWiYWikbh[jheYedp_fl[hj_YWb[ikjWiYWY[djhW#
b[$:[jjW]b_h_\hWd][dj_ik\edZecW]b_W[h[jhef[h]WhWdj_h[
l_i_X_b_j}$
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
C:
7>
GN
GH
NI#I#C#B#NB#NNB#)NB#*NB
Bed]ib[[l[i`[hi[o_d7YgkWp[he.&Feb_Wcc_Z["(&
;bWijWd"[nY[fj_edWbbo[bWij_Y\WXh_Y"mWhcWdZmWj[hh[#
i_ijWdj"_jcW_djW_dicWn_ckcXh[Wj^WX_b_joj^Wdaijej^[
7YgkWp[he jh[Wjc[dj$ C_d_cWb Z[i_]d m_j^ YedjhWij_d]
Yebekhi[WciWdZh[Ô[Yj_l[jWf[m_j^ÔWjij_jY^_d]jeWi#
ikh[cWn_ckcl_i_X_b_joedj^[heWZ$Bed]h[Ô[Yj_l[p_f#
f[h$;bWij_YWj[ZXWdZedmh_ijiWdZXejjec\eh_cfhel[Z
Ój$Jh_fb[XWYafeYa[jm_j^l[hj_YWbp_fedY[djhWbfeYa[j$
H[Ô[Yj_l[Z[jW_biedj^[XWYaje_cfhel[l_i_X_b_jo$
IF+*(-+
>L
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
=_b[j7bjWL_i_X_b_jWÊYedXWdZ[h_\hWd][dj_WdehcWi[YedZebWZ_#
h[jj_lW[khef[W./%,.,%9;;ik_Z_ifei_j_l_Z_fhej[p_ed[_dZ_l_ZkWb[
:F?[j[iikje=bem#_d#j^[#:Wha"Y^[WiiehX[[h_j_[d[bkY[gkWdZe
[ifeijeWieh][dj_dWjkhWb_eWhj_ÓY_Wb_ieb["hW]]_KL"bkY[Ôkeh[#
iY[d#j[$$$[Yedj_dkWWZ[c[jj[hbW_d\ehcWZ_bkY[l_i_X_b[_di_jkW#
p_ed_Z_Xk_ejejWb[$?bf_]c[dje=bem#_d#j^[#:Whaded„jeii_Yee
hWZ_eWjj_le[Z„_d]hWZeZ_[c[jj[h[bkY[f[hkdbkd]ef[h_eZeZ_
j[cfeWii_YkhWdZej_bWcWii_cWi_Ykh[ppWikijhWZW$?b=_b[j„ZejW#
jeZ_p_fbkd]W[Z_kdWjWiYWYedp_fikbh[jhe$Ik_ÓWdY^_Zk[_di[hj_
_dh[j[f[hc[jjedebWcWii_cWjhWif_hW#p_ed[$KdWYY[iieh_e_hh_#
dkdY_WX_b[f[hY^_kdgk[Wc_f[ZWbWh[WgkWbi_Wi_ehWZ[b]_ehde
>_]^L_i_X_b_joL[ijm_j^h[Ô[Yj_l[XWdZi"WYYehZ_d]jej^[;khef[Wd
Z_h[Yj_l[./%,.,%9;;edj^[_dZ_l_ZkWbfhej[Yj_edZ[l_Y[i:F?"WdZ
=bem#_d#j^[#:Wha \WXh_Y$ =bem#_d#j^[#:Wha YWd WXiehX WdZ ijeh[
b_]^j [d[h]o m^[d [nfei[Z je dWjkhWb WdZ Whj_ÓY_Wb b_]^j iekhY[i
ikY^Wiikdb_]^j"K$L$b_]^ji"Ôkeh[iY[djb_]^ji"j^[dYedj_dkekibo
[c_jijeh[Z[d[h]o_dW\ehce\l_i_Xb[b_]^j\ehWbed]f[h_eZ_dj^[
jejWbZWhad[ii$=bem_d:WhaF_]c[dj_idedjen_YWdZ\h[[\hecWdo
hWZ_eWYj_l[ikXijWdY[WdZYWd[c_jb_]^j\ehWbed]j_c[Wiikh_d]j^[
X[ijl_i_X_b_joedj^[heWZ$J^[l[ij^WiWbed]p_fWdZWfeYa[jm_j^
p_fedj^[XWYa$Edj^[i_Z[i"c[i^_di[hjiWbbem\ehcWn_ckcXh[#
Wj^WX_b_jo$J^[f[h\[YjWYY[iieho\ehj^ei[m^ebel[jeh_Z[WjWdo
j_c[e\j^[ZWo
NI#I#C#B#NB#NNB#)NB#*NB
HE)-%I;E='%
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
KD?97%ED;I?P;
C:
9Wff[bb_de_dj[iikje7YgkWp[heXoI_j_f.&Feb_Wcc_Z["(&;bWijWd[YY[p_e#
dWbc[dj[[bWij_Ye[YWbZe[_dYh[Z_X_bc[dj[h[i_ij[dj[WbbÊWYgkW]hWp_[Wbbeif[Y_W#
b[jhWjjWc[dje7YgkWp[he$=WhWdj_iY[_bcWii_ceYec\ehj[bWcWii_cWjhWif_hWX_#
b_j}$;b\eZ[i_]dYedc_d_#l_i_[hWfWhWWYgkW$Be]^_IWdj_d_[f_Wjj_d[h_\hWd][dj_f[h
]WhWdj_h[l_i_#X_b_j}ikijhWZW$
7YgkWp[heXoI_j_fYWf.&Feb_Wcc_Z["(&;bWijWd[nY[fj_edWbbo[bWij_YmWhcWdZ
jejWbbomWj[h#h[i_ijWdj$?jWiikh[i[d^WdY[ZYec\ehj$;b\Z[i_]dm_j^c_d_f[Wajefhe#
j[Yj\hecj^[hW_d$H[Ô[Yj_l[be]eiWdZjWf[m_j^ÔWjij_jY^_d]jeWiikh[cWn_ckcl_i_#
X_b_joedj^[heWZ$
HE*.(I;E='D
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
C#NB
=kWdje _dl[hdWb[ _d j[iikje 7YgkWp[he Xo I_j_f .& Feb_Wcc_Z[" (& ;bWijWd
[YY[p_edWbc[dj[[bWij_Ye[YWbZe$?dYh[Z_X_bc[dj[h[i_ij[dj[WbbÊWYgkWfkhcWdj[#
d[dZebWcWii_cWjhWif_hWX_b_j}]hWp_[Wbbeif[Y_Wb[jhWjjWc[djeWYgkWp[he$:[i_]d
c_d_cWb Yed be]^_ IWdj_d_ [ f_Wjj_d[ h_\hWd][dj_ f[h ]WhWdj_h[ l_i_X_b_j} ik ijhWZW$
I_b_Yed[Wdj_iY_lebeikbfWbce$
7YgkWp[heXoI_j_fM_dj[h]bel[i.&Feb_Wcc_Z["(&;bWijWd[nY[fj_edWbbo[bWij_Y"
mWhcWdZjejWbbomWj[h#h[i_ijWdj$C_d_cWbZ[i_]dm_j^h[Ô[Yj_l[be]eiWdZjWf[m_j^ÔWj
ij_jY^_d]jeWiikh[l_i_X_b_joedj^[heWZ$7dj_#ib_fi_b_YededfWbci$
C:
HE).&LI
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
KD?97%ED;I?P;
C:
CWiY^[h_dWWdj_l[dje_dj[iikjeM_dZj[nWdj_l[dje$9^_kikhW_dl[bYheikbh[jheZ[b
Yebbe$Ejj_cef[hfhej[]][h[_bl_ijec[djh[f[ZWb_$
M_dZfhee\cWia_dM_dZj[nm_dZfhee\\WXh_Y$L[bYheYbeikh[edj^[XWYae\j^[d[Ya$
F[h\[Yjjefhej[Yjoekh\WY[m^_b[h_Z_d]$
HE).'LI
J7=B?;:?IFED?8?B?%I?P;I7L7?B78B;
KD?97%ED;I?P;
FWiiWcedjW]dW _d j[iikje Ikf[hekXW_n Yed \hedjWb[ _d Wdj_l[dje$ 9kY_jkh[ f_Wjj[
Wdj_WXhWi_ed[$CWdj_[d[_bYWbeh[[fhej[]][ZWb\h[ZZe$
8WbWYbWlW_dIkf[hekXW_nm_j^m_dZfhee\\hedj$<bWjWdj_WXhWi_l[ij_jY^_d]$?jcWd#
jW_dij^[^[WjWdZfhej[Yji\hecj^[YebZ$
C:
9KH7;C7DKJ;DP?ED;
AVkV\\^dXdch^\a^VidXdcegd\gVbb^ZYZiZgh^k^YZa^XVi^ZbV^VYjcViZbeZgVijgVhjeZg^dgZV^(%\gVY^#
CdcXVcYZ\\^VgZ#CdcjhVgZVhX^j\Vig^X^#:ÉegZ[Zg^W^aZaVhX^VgZVhX^j\VgZ^egdYdii^VaaÉVg^VVeZgiVhZcoVY^gZiiVZhedh^o^dcZVahdaZ
dVZXXZhh^kZ[dci^Y^XVadgZ#Cdchi^gVgZ#CdcVWWVcYdcVgZ^XVe^HVci^c^^chVXX]Zii^Y^eaVhi^XVd^cajd\]^jb^Y^ZedXdVg^Z\\^Vi^
eZgcdcXVjhVgZ^aYZiZg^dgVbZcidYZaiZhhjid#
97H;?DIJHK9J?EDI
9dcdilVh]i]ZXadi]^c\^ciZbeZgVijgZhVWdkZ(%YZ\gZZh#JhZb^aYYZiZg\Zcih!YdcdiWaZVX]VcYVkd^YijbWaZYgnZgh#
AZii]Z\VgbZcihYgncVijgVaanVkd^Y^c\Y^gZXihjca^\]iVcY]ZVi#9dcdi^gdc#9dcdiaZVkZndjgHVci^c^egdYjXih^ceaVhi^XWV\hdg
^c]jb^YeaVXZhVhi]^hbVnXVjhZi]Z[VWg^XidYZiZg^dgViZ#
EZggV\^dc^Y^cVijgViZXc^XVdXdbbZgX^VaZ!HVci^c^edig|VeedgiVgZ^cfjVajcfjZbdbZcidbdY^ÒX]ZVaaZ\gVÒX]ZZYV^XdbedcZci^YZ^bdYZaa^YZhXg^ii^^cfjZhid
XViVad\d#>Xdadg^gVeegZhZciVi^^cfjZhiZeV\^cZ^cVaXjc^XVh^edhhdcdY^kZg\ZgZYVaaVgZVai|#
;dgiZX]c^XVadgXdbbZgX^VagZVhdch!HVci^c^gZhZgkZi]Zg^\]iidbV`ZX]Vc\ZhViVcni^bZidi]ZYZh^\cVcY[ZVijgZhd[i]Z\VgbZcih^ci]^hXViVad\jZ#9jZidi]Z
a^b^iVi^dchd[eg^cibZY^Vi]ZVXijVaXdadjghd[\VgbZcihVcYegdYjXih^ci]^hXViVad\jZXVc^chdbZXVhZhY^[[Zgha^\]ian^cgZVa^in#
L_i_jW_bdeijhei_jemmm$iWdj_d_ici$_jf[hkbj[h_eh__d\ehcWp_ed_$
L_i_jekhm[Xi_j[mmm$iWdj_d_ici$_j\ejceh[_d\ehcWj_ed$
8dcXZei/`eddoceb[$Yec"E]did/CWh_eH[]]_Wd_
H6CI>C>B6<A>;>8>DHEDGI>KD
K^VEgdk^cX^VaZ!&)')%)%AVaa^d7<>iVan
IZa# (.#%(*#+.%#*++
;Vm (.#%(*#+.'#,,&
hVci^c^hbh5hVci^c^hbh#^i
Scarica

nyork - Santini