Plain-text annual report
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
’1,,")+*/!(+.-/0!%#$&
,68081607!/3083!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
+8232!’$!->83!&$%)
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
".<3?69>=!19<<3=;982685!;3<692*!
468081607!@3083!&$%(#
468081607!@3083!&$%(#
468081607!@3083!&$%(#
468081607!@3083!&$%(#
468081607!@3083!&$%(#
468081607!@3083!&$%(#
468081607!@3083!&$%(#
468081607!@3083!&$%(#
468081607!@3083!&$%(#
’1,,")+*/!(+.-/0!%#$&!
0?B8B9?8@!7<8E! !
-CBG!DFOJ>K
Mfj‘k‘fe\[#]fi#^ifnk_
J\[‘ZXc#A\m\cfgd\ekj#Fek\ieXk‘feXc#I‘d‘k\[.#(wJAFx)#(>PU;#JSM)#
[\c‘m\i\[#>Sd‘[‘Ye#;WXadW#B‘fWdWef*#MSj*#=WbdWU[Sf[a‘#S‘V#
9_adf[eSf[a‘#aX#$1,2#_[^^[a‘#gb#07%#Xe[#X#GWf#Ida"f#SXfWd#MSj#aX#
$/,4#_[^^[a‘#]fi#k_\#p\Xi#\e[\[#30#Gle\#2016.#O\m\el\#YdWi#11%#kf#
%15.5d.#
Ali‘e^#k_\#p\Xi#k_\#ZfdgXep#‘eZlii\[#wfe\#f]]x#\og\ej\j#f]#%0.9d#
i\cXk‘e^#kf#gXike\ij_‘g#kiXejXZk‘fej,#c\^Xc#]\\j,#j_Xi\#YXj\[#gXpd\ekj#
Xe[#dfm‘e^#gi\d‘j\j.#>[aljk‘e^#]fi#k_\j\#fe\#f]]#Zfjkj#d\Xej#
SV\gefWV#>;BM=9#gb#41%#fa#$2,1_,
JAF#i\Z\‘m\[#%15#d‘cc‘fe#‘e#ZXj_#d‘c\jkfe\#gXpd\ekj#]ifd#‘kj#gXike\ij#
Xe[#‘j#[\Yk#]i\\.
Q_\#e\Xi#k\id#gifjg\Zkj#]fi#M\ek_ifo(cid:129)#Xe[#fli#>jk_dX#gif[lZkj#Xi\#
\oZ‘k‘e^#]fi#CV17.
JAF#_Xj#[\ZcXi\[#X#]lccp#]iXeb\[#[‘m‘[\e[#f]#2#Z\ekj#g\i#j_Xi\.
Clcc#V\Xi#H\p#M\i]fidXeZ\#E‘^_c‘^_kj
!))"
;2?27>2
/-!(!.+)-.*!"$’#’,
!+)"
46?9E
"
$)"###"###
$’"###"###
$%"###"###
$#"###"###
+"###"###
"
’"(##"###
&"(##"###
%"(##"###
$"(##"###
(##"###
.15><=21!2/4=1.
/-!(!.+)-.*!"&#%,
3979=CFE!
;D;DB@!-GEFB@9DE
07$’
07$(
07$)
07$’
07$(
07$)
$
4<;?98@!.Z_‘\m\d\ekj#]fi#CV16
M\ek_ifo(cid:129)
@VTRQK"UEOIU"KTRYVL"JRT">IQVLTRZ_"KORFEOO[
?IKWOEVRT["ESSTRXEO"JRT">IQVLTRZ_"MQ"B8%"7TIOEQH%"4TEQGI%"0IOKMWP"EQH"@MQKESRTI
9EWQGL"EQH"!TUV"UEOIU"MQVR"QIY"PETNIVU"MQGOWHMQK"B8%"7TIOEQH"EQH"@MQKESRTI
>IQVLTRZ_"MU"JWOO["TIMPFWTUIH"MQ"VLI"B8"EQH"7TIOEQH
?IKWOEVRT["UWFPMUUMRQU"PEHI"MQ"PWOVMSOI"GRWQVTMIU
/SSRMQVIH";WQHMSLETPE"7QVITQEVMRQEO"EU"HMUVTMFWVMRQ"SETVQIT"JRT"3WTRSI
?IGIMXIH"#),P"MQ"GEUL"PMOIUVRQI"SE[PIQVU
,">EVIQV"/SSOMGEVMRQU"UWFPMVVIH"YMVL"PRTI"SOEQQIH
O\jg‘iXkfip#J\[‘ZXc#A\m‘Z\j
>WTGLEUIH"0TIEVL&/&AIGL%"/WUVTEOME\U"OETKIUV"TIUSMTEVRT["HIXMGIU"FTEQH
@VTRQK"UEOIU"KTRYVL"MQ"/WUVTEOMEQ"TIUSMTEVRT["HIXMGI"UEOIU
@VTRQK"UEOIU"KTRYVL"JTRP"MQVITQEVMRQEO"PETNIVU
IQVLTRZ_";EQWJEGVWTMQK"4EGMOMV[
=QKRMQK"MPSTRXIPIQV"MQ"PEQWJEGVWTMQK"GRUVU"EQH"IJ!GMIQG[
2IFV"JTII
?IGIMXIH"?$2"AEZ"7QGIQVMXI"GRQGIUUMRQ"RJ"#(’)*P
/YETHIH"E"#(’+.P"@VEVI"5RXITQPIQV"KTEQV"MQ"TIOEVMRQ"VR"VLI"QIY">IQVLTRZ_"PEQWJEGVWTMQK"JEGMOMV[
>TRKTIUU"MQ"STRHWGV"HIXIORSPIQV"EGTRUU"EOO"FWUMQIUU"WQMVU
1RQVMQWIH"MQXIUVPIQV"MQ"GOMQMGEO"HIXIORSPIQV"STRKTEPU%"VTMEOU"EQH"TIKMUVTEVMRQU"MQ"QIY"PETNIVU"
?IUWPIH"HMXMHIQHU"MQ"6)"4D)-
7QXIUVIH"MQ"UVEJJ"VR"UWSSRTV"E"YRTOHYMHI"JRRVSTMQV
+BBH8@!0?B8B9?8@!6^i\\d\ek#n‘k_#Jle[‘g_XidX#]fi#
M\ek_ifo(cid:129)#‘e#Blifg\.#Jle[‘g_XidX#‘j#fe\#f]#k_\#nfic[xj#
c\X[‘e^#g_XidX#ZfdgXe‘\j#jg\Z‘Xc‘j‘e^#‘e#gX‘e#Xe[#_Xj#
k_\#\oZclj‘m\#i‘^_kj#]fi#M\ek_ifo(cid:129)#‘e#39#Blifg\Xe#dXib\kj#
‘eZcl[‘e^#CiXeZ\,#D\idXep,#FkXcp#Xe[#PgX‘e.#
M\ek_ifo(cid:129)#_Xj#Y\\e#Xggifm\[#]fi#jXc\#‘e#CiXeZ\#Xe[#
?\c^‘ld#Xe[#JAF#_Xj#‘kj#"ijk#fi[\i#Xe[#n‘cc#[\c‘m\i#‘kj#"ijk#
j_‘gd\ek#f]#M\ek_ifo(cid:129)#‘ekf#k_fj\#dXib\kj#[li‘e^#N1#CV17.#
Fe#X[[‘k‘fe#Jle[‘g_XidX#_Xj#gX‘[#Xggifo‘dXk\cp#%14#d‘cc‘fe#
‘e#lg]ifek#Xe[#d‘c\jkfe\#gXpd\ekj#kf#[Xk\.#JAF#\og\Zk#
]lik_\i#d‘c\jkfe\#gXpd\ekj#kf#Y\#XZ_‘\m\[#[li‘e^#CV17.
JAF#Xe[#Jle[‘g_XidX#Xi\#\og\Zk‘e^#kf#cf[^\#k_\#
Xggc‘ZXk‘fe#kf#_Xm\#M\ek_ifo(cid:129)#Xggifm\[#]fi#jXc\#‘e#k_\#
i\dX‘e‘e^#Zfleki‘\j#‘e#Blifg\,#‘eZcl[‘e^#FkXcp,#PgX‘e#Xe[#
D\idXep#[li‘e^#N1#CV17#Xe[#XggifmXc#kf#j\cc#M\ek_ifo(cid:129)#‘j#
Xek‘Z‘gXk\[#‘e#2017.#
Fe#k_\#RP>#n\#_Xm\#X#[‘Xcf^l\#n‘k_#k_\#Cff[#’#Ail^#
>[d‘e‘jkiXk‘fe#(CA>)#XYflk#n_Xk#‘j#i\hl‘i\[#kf#^\k#M\ek_ifo(cid:129)
Xggifm\[#]fi#jXc\.#JAF#Xe[#‘kj#X[m‘jfij#Xi\#nfib‘e^#k_ifl^_#
k_\#gif^iXd#f]#nfib#i\hl‘i\[#Xe[#n\#Xi\#Zfe"[\ek#n\#n‘cc#
jXk‘j]p#Xcc#f]#k_\#CA>xj#i\hl‘i\d\ekj.
Bcj\n_\i\#‘e#k_\#nfic[,#fli#O\^lcXkfip#Afjj‘\i,#lj\[#‘e#k_\#
Re‘k\[#H‘e^[fd,#CiXeZ\,#?\c^‘ld#Xe[#Fi\cXe[#_Xj#Xci\X[p#
Y\\e#jlYd‘kk\[#fi#‘j#‘e#k_\#gifZ\jj#f]#Y\‘e^#jlYd‘kk\[#kf#
i\^lcXkfip#X^\eZ‘\j#‘e#PXl[‘#>iXY‘X,#FjiX\c,#J\o‘Zf,#Efe^#
Hfe^,#JXcXpj‘X,#QX‘nXe#Xe[#FiXe.#T\#\og\Zk#i\^lcXkfip#
XggifmXcj#kf#j\cc#M\ek_ifo(cid:129)#‘e#k_\j\#dXib\kj#kf#Y\#^iXek\[#
‘e#k_\#]lkli\.#
Fek\ieXk‘feXc#jXc\j#YdWi#/25%#dX‘ecp#Y\ZXlj\#f]#k_\#
jlZZ\jj]lc#cXleZ_#f]#M\ek_ifo(cid:129)#‘e#k_\#RH#Xe[#Fi\cXe[,#n_\i\#
n\#[\c‘m\i\[#fli#"ijk#jXc\j#kf#fli#gXike\i#DXc\e#I‘d‘k\[.#
&
4<;?98@!.ljkiXc‘X#g\i]fid\[#jkife^cp.#
PXc\j#kf#Efjg‘kXcj#Xe[#D\e\iXc#MiXZk‘k‘fe\ij#YdWi#1.%#Xe[#
fli#>dYlcXeZ\#Ylj‘e\jj#YdWi#1%.#PXc\j#]fi#fli#A\ekXc#
Ylj‘e\jj#YdWi#/3%.
>]k\i#i\Z\‘m‘e^#XggifmXc#kf#j\cc#M\ek_ifo(cid:129)#‘e#P‘e^Xgfi\#‘e#
P\gk\dY\i#2015,#JAF#dX[\#‘kj#"ijk#jXc\j#‘ekf#k_Xk#dXib\k#
‘e#CV16.#
PXc\j#‘e#k_\#J‘[[c\#BXjk#YdWi#1/%#[i‘m\e#Yp#k_\#j‘^e‘e^#
f]#e\n#[‘jki‘Ylk‘fe#XiiXe^\d\ekj.#PXc\j#kf#Pflk_#>]i‘ZX#
YdWi#/35%,
JAF#i\Zfi[\[#%1.1d#Xj#i\m\el\#]ifd#k_\#Xdfik‘jXk‘fe#f]#
lg]ifek#Xe[#d‘c\jkfe\#gXpd\ekj#i\Z\‘m\[#Xj#Xk#30#Gle\#
2016.#Fe#c‘e\#n‘k_#XZZflek‘e^#giXZk‘Z\j#k_\j\#i\Z\‘gkj#Xi\#
i\hl‘i\[#kf#Y\#Xdfik‘j\[#fm\i#k_\#ZfekiXZk#k\id.
!(+"
8?2;.66!927=3;8@D
<.62<
2<6D@6!46?9E
"
,"###"###
+"###"###
*"###"###
)"###"###
("###"###
07$’
07$(
07$)
!’*,"
47=2;7.=487.6!
927=3;8@D!<.62<
0AF9DA6F=BA6?!29AF#OXe[fd‘j\[#McXZ\Yf#Qi‘Xc
2.# #A\i‘mXk‘fe#f]#Xe#fZZlgXk‘feXc#\ogfjli\#c‘d‘k#]fi#Xe#
‘e_XcXk‘fe#XeXc^\j‘Z#d\k_fop!liXe\#(M\ek_ifo(cid:129))
3.# #B]]\Zkj#f]#M\ek_ifo(cid:129)#(d\k_fop!liXe\)#Xj#Xe#XeXc^\j‘Z#
fe#ZXi[‘fmXjZlcXi#Xe[#i\jg‘iXkfip#]leZk‘fej#‘e#k_\#gi\-
_fjg‘kXc#j\kk‘e^;#>lk_fi\[#Yp#Ai#EXiip#Lo\i
4.# #Ai‘m\#jkl[p;#wOXe[fd‘j\[#@c‘e‘ZXc#Qi‘Xc;#MjpZ_fdfkfi#
Xe[#@f^e‘k‘m\#B]]\Zkj#f]#X#15-d‘elk\#Fe_XcXk‘fe#f]#
J\k_fop!liXe\#‘e#E\Xck_p#Sfclek\\ij;#Fdgc‘ZXk‘fe#]fi#
Mfjk-@fcfefjZfgp#@Xi\x
5.# #P‘e^Xgfi\#jkl[p;#@c‘e‘ZXc#BmXclXk‘fe#f]#M\ek_ifo(cid:129)#
(J\k_fop!liXe\)#]fi#k_\#P‘e^Xgfi\#Bd\i^\eZp#
>dYlcXeZ\#P\im‘Z\#|#X#_\X[#kf#_\X[#jkl[p#m#QiXdX[fc
6.# #>eXc^\j‘Z#Rj\#f]#Fe_Xc\[#J\k_fop!liXe\;#BmXclXk‘fe#f]#
‘kj#Mfk\ek‘Xc#K\g_ifkfo‘Z‘kp;#Mif]#>ek_fep#AXpXe
7.# #@fdgXi‘jfe#f]#jX]\kp#Xe[#Zc‘e‘ZXc#flkZfd\j#f]#
M\ek_ifo(cid:129)-Xjj‘jk\[#ZfcfefjZfgp#m\ijlj#XeX\jk_\j‘X-
Xjj‘jk\[#ZfcfefjZfgp#‘e#_‘^_-i‘jb#jlYa\Zkj;#X#
iXe[fd‘j\[#ki‘Xc#Xk#OfpXc#>[\cX‘[\.
8.# MifZ\[liXc#XeXc^\j‘X;#P\c]-X[d‘e‘jk\i\[#d\k_fop!liXe\#
]fi#gifZ\[liXc#XeXc^\j‘X;#\og\i‘\eZ\#‘e#X#k\ik‘Xip#
>ljkiXcXj‘Xe#Z\eki\;#Ai#@_i‘j#G\g_Zfkkxj#gXg\i#nXj#
glYc‘j_\[#‘e#C\YilXip#2016.
9.# #QORP-Y‘fgjp;#>#g_Xj\#3#[flYc\-Yc‘e[#gcXZ\Yf-
Zfekifcc\[#iXe[fd‘j\[#ki‘Xc#f]#d\k_fop!liXe\#n‘k_#
g\i‘gifjkXk‘Z#cfZXc#XeX\jk_\j‘X#kf#i\[lZ\#k_\#[‘jZfd]fik#
f]#kiXeji\ZkXc#lckiXjfle[-^l‘[\[#gifjkXk\#Y‘fgjp#(MX‘e-
Ci\\#QORP#?)
10.##PQLM#jkl[p;#B]"ZXZp#Xe[#jX]\kp#f]#d\k_fop!liXe\#
XeXc^\j‘X#‘e#X[lck#gXk‘\ekj#‘e#k_\#\d\i^\eZp#[\gXikd\ek;#
X#iXe[fd‘j\[,#[flYc\-Yc‘e[,#gcXZ\Yf-Zfekifcc\[#jkl[p#
(PQLM$);#-#X[[‘k‘feXc#glYc‘ZXk‘fej#Xe[#XeXcpj‘j.
>[[‘k‘feXc#Zc‘e‘ZXc#ki‘Xcj#Xe[#jkl[‘\j#Xi\#gcXee\[#]fi#CV17#
n_‘Z_#n‘cc#YifX[\e#k_\#‘e[‘ZXk‘fej#]fi#lj\#f]#M\ek_ifo(cid:129).#Fe#
k_\#Zfd‘e^#"eXeZ‘Xc#p\Xi#Xe[#Y\pfe[#n\#n‘cc#le[\ikXb\;
2.# M>PP#|#>#Mfjk#>lk_fi‘jXk‘fe#PX]\kp#Pkl[p#[\j‘^e\[#kf#
kiXZb#Xep#X[m\ij\#\m\ekj#kf#k_\#lj\ij#f]#M\ek_ifo(cid:129)#‘e#
Blifg\.#Q_\#jkl[p#‘j#jZ_\[lc\[#kf#cXjk#knf#p\Xij#Xe[#k_\#
[XkX#^Xk_\i\[#n‘cc#Y\#\oki\d\cp#mXclXYc\#‘e#\o‘jk‘e^#Xe[#
gifjg\Zk‘m\#M\ek_ifo(cid:129)#dXib\kj#Xifle[#k_\#nfic[.
3.# >#M_Xj\#FFF#M‘mfkXc#ki‘Xc#‘e#k_\#RP>.#Tfib#_Xj#
Zfdd\eZ\[#fe#w>d\i‘ZXe‘j‘e^x#k_\#jkl[p#gifkfZfc#lj\[#
‘e#JAFxj#M‘mfkXc#M_Xj\#FFF#Pkl[p#Zfe[lZk\[#‘e#k_\#RH.#
4.# T\#Xi\#[\m\cfg‘e^#X#gif^iXd#f]#nfib#kf#jlggfik#
X[[‘k‘feXc#‘e[‘ZXk‘fej#]fi#M\ek_ifo(cid:129).#Lli#cfe^\i#k\id#
XdY‘k‘fe#‘j#kf#\ok\e[#k_\#lj\#f]#M\ek_ifo(cid:129)#‘ekf;
X.# gfjk-fg\iXk‘m\#Yi\Xbk_ifl^_#gX‘e<#
Y.# Yi\Xbk_ifl^_#ZXeZ\i#gX‘e<
Z.# i\g\Xk#lj\#jZ\eXi‘fj<#Xe[#lck‘dXk\cp
[.# _fd\#lj\.
@fdd\iZ‘Xc#
A\m\cfgd\ekj
JAF#_Xj#"c\[#X#MXk\ek#>ggc‘ZXk‘fe#gifk\Zk‘e^#‘kj#e\n#
dXel]XZkli‘e^#k\Z_efcf^p#[\m\cfg\[#n‘k_#k_\#@PFOL.#T\#
_Xm\#Xcjf#Zfdd\eZ\[#k_\#‘e‘k‘Xc#gcXee‘e^#jkX^\j#kf#[\m\cfg#
fli#dXel]XZkli‘e^#k\Z_efcf^p#Xe[#ZXgXY‘c‘kp#]lik_\i#kf#
Y\Zfd\#X#dXel]XZkli\i#Xe[#[‘jki‘Ylkfi#f]#fk_\i#XeXc^\j‘Z#
Xe[#XeX\jk_\k‘Z#gif[lZkj.#
JAF#Y\c‘\m\#fli#dXel]XZkli‘e^#k\Z_efcf^p#_Xj#k_\#ZXgXY‘c‘kp#
Xe[#!\o‘Y‘c‘kp#]fi#JAF#kf#Y\Zfd\#X#c\X[‘e^#gcXp\i#‘e#k_\#
nfic[#jlggcp#f]#X#eldY\i#f]#k_\j\#gif[lZkj.#Q_\#dXib\kj#
n\#Xi\#]fZljj‘e^#fe#Xi\#\oki\d\cp#cXi^\.
K\n#dXib\kj
?dS‘UW#S‘V#;W^Y[g_
JAF#‘j#nfib‘e^#n‘k_#fli#Blifg\Xe#gXike\i#Jle[‘g_XidX#
‘e#i\cXk‘fe#kf#k_\#lgZfd‘e^#Blifg\Xe#cXleZ_#f]#M\ek_ifo(cid:129)#
‘e#CiXeZ\#Xe[#?\c^‘ld.#T\#\og\Zk#j‘^e‘"ZXek#jXc\j#[li‘e^#
E1CV17.
KWef#aX#>gdabW
Ali‘e^#CV17#JAF#Xe[#Jle[‘g_XidX#\og\Zk#kf#jlYd‘k#Xe[#
fYkX‘e#XggifmXc,#m‘X#k_\#A\Z\ekiXc‘j\[#MifZ\[li\#kf#j\cc#
M\ek_ifo(cid:129)#‘e#k_\#i\jk#f]#k_\#Blifg\Xe#Re‘fe.
1.# MFM#Pkl[p#|#X#Blifg\Xe#Xe[#RP>#Zfdgc‘Xek#gX\[‘Xki‘Z#
FWj[Ua
jkl[p#n_‘Z_#‘]#jlZZ\jj]lc#n‘cc#\ok\e[#k_\#lj\#f]#
M\ek_ifo(cid:129)#kf#k_\#gX\[‘Xki‘Z#gfglcXk‘fe#‘e#Blifg\#Xe[#
_fg\]lccp#‘e#k_\#RP>.#Mi\gXiXk‘fej#]fi#k_\#jkl[p#Xi\#n\cc#
fe#k_\#nXp#Xe[#\eifcd\ek#‘j#\og\Zk\[#kf#Zfdd\eZ\#
[li‘e^#CV17.
Ali‘e^#CV16#JAF#jlYd‘kk\[#fli#O\^lcXkfip#>ggc‘ZXk‘fe#Xe[#
d\k#n‘k_#k_\#J\o‘ZXe#i\^lcXkfip#Xlk_fi‘k‘\j.#C\\[YXZb#kf#
[Xk\#_Xj#Y\\e#gfj‘k‘m\#Xe[#n\#Xi\#_fg\]lc#M\ek_ifo(cid:129)#n‘cc#Y\#
Xggifm\[#[li‘e^#CV17.#
+BBH8@!0?B8B9?8@!6]k\i#dXep#p\Xij#k_\#FiXe‘Xe#J‘e‘jkip#f]#E\Xck_#i\hl\jk\[#kf#
d\\k#n‘k_#JAF#i\#‘kj#O\^lcXkfip#>ggc‘ZXk‘fe.#JAF#Xkk\e[\[#X#
d\\k‘e^#‘e#Q\_iXe#[li‘e^#C\YilXip#2016.#Q_\#]\\[YXZb#]ifd#
k_\#Xlk_fi‘k‘\j#_Xj#Y\\e#gfj‘k‘m\#Xe[#n\#Xi\#_fg\]lc#n\#n‘cc#
i\Z\‘m\#XggifmXc#kf#j\cc#M\ek_ifo(cid:129)#‘e#FiXe#[li‘e^#CV17.#
LSgV[#9dST[S
JAF#jlYd‘kk\[#‘kj#O\^lcXkfip#>ggc‘ZXk‘fe#kf#k_\#PXl[‘#Cff[#
’#Ail^#>[d‘e‘jkiXk‘fe#[li‘e^#CV16.#Q_\#[fjj‘\i#‘j#^f‘e^#
k_ifl^_#k_\#mXc‘[Xk‘fe#gifZ\jj.#JAF#‘j#_fg\]lc#M\ek_ifo(cid:129)#n‘cc#
Y\#Xggifm\[#]fi#jXc\#‘e#PXl[‘#>iXY‘X#[li‘e^#CV17.
!,&"!
"
%"###"###
$")##"###
$"%##"###
+##"###
’##"###
47=2;7.=487.6!!
;2<94;.=8;A!<.62ggc‘ZXk‘fe#kf#k_\#i\^lcXkfip#
Xlk_fi‘k‘\j#[li‘e^#CV16.#JAF#‘j#_fg\]lc#M\ek_ifo(cid:129)#n‘cc#Y\#
Xggifm\[#]fi#jXc\#[li‘e^#CV17.#
!’&-"!
.><=;.64.7!
;2<94;.=8;A!<.62<
,GEFD6?=6A!39EC=D6FBDJ
.9H=79!46?9E
Kgee[S
JAFxj#gXike\i#jlYd‘kk\[#‘kj#O\^lcXkfip#>ggc‘ZXk‘fe#kf#k_\#
i\^lcXkfip#Xlk_fi‘k‘\j#[li‘e^#CV15.#Mfc‘k‘ZXc#lei\jk#_Xj#
[\cXp\[#‘kj#gif^i\jj.
MS[iS‘
JAFxj#gXike\i#jlYd‘kk\[#‘kj#O\^lcXkfip#>ggc‘ZXk‘fe#kf#k_\#
i\^lcXkfip#Xlk_fi‘k‘\j#[li‘e^#CV16.#JAF#‘j#_fg\]lc#M\ek_ifo(cid:129)#
n‘cc#Y\#Xggifm\[#]fi#jXc\#[li‘e^#CV17.#
HfZWd
JAF#_Xj#Zfdd\eZ\[#nfib#kf#^\k#M\ek_ifo(cid:129)#Xggifm\[#]fi#
jXc\#‘e#k_\#RP>,#@XeX[X#Xe[#Hfi\X.
J\[‘ZXc#A\m‘Z\j;#
O\jg‘iXkfip
!(+"!
;2<94;.=8;A!12?402!
<.62<
,EF<@6!46?9E
"
’"(##"###
’"###"###
&"(##"###
&"###"###
%"(##"###
07$’
07$(
07$)
(
4<;?98@!.ljkiXc‘X,#Blifg\#Xe[#Kfik_#>d\i‘ZX#[‘UdWSeWV#Tk#60%#‘e#
CV16.#Lm\iXcc#jXc\j#f]#fli#O\jg‘iXkfip#A\m‘Z\j#[‘UdWSeWV#
Tk#04%#n_‘Z_#nXj#X#gc\Xj‘e^#i\jlck#Zfej‘[\i‘e^#JAF#[‘[#
efk#Zfek‘el\#k_\#M_XidXZ#ZfekiXZk#‘e#K\n#W\XcXe[#n_‘Z_#
i\[lZ\[#jXc\j#Yp#Z‘iZX#%1#d‘cc‘fe.#
Ali‘e^#GXelXip#2016,#k_\#CA>#Xggifm\[#k_\#e\ok#^\e\iXk‘fe#
>ek‘-PkXk‘Z#iXe^\#f]#O\jg‘iXkfip#A\m‘Z\#gif[lZkj#]fi#k_\#
RP>#dXib\k.#T\#j\Zli\[#[‘jki‘Ylk‘fe#[\Xcj#‘e#k_\#RP>#n‘k_#
>d\i‘jflZ\#?\i^\e,#@Xi[‘eXc#E\Xck_#Xe[#Kfii‘qfe#Xe[#JFKQ#
g_XidXZ\lk‘ZXcj#‘e#@XeX[X.#T\#dX[\#fli#"ijk#jXc\j#Xe[#
[\c‘m\i\[#gif[lZk#kf#k_\j\#e\n#Ylj‘e\jj#gXike\ij#[li‘e^#E2#
CV16.#T\#\og\Zk#kf#XeefleZ\#e\n#gXike\ij_‘g#[\Xcj#‘e#k_\#
Zfd‘e^#dfek_j#n‘k_#dfi\#gXike\ij#‘e#Kfik_#>d\i‘ZX#Xe[#
fli#Ylj‘e\jj#‘j#n\cc#gcXZ\[#kf#[\c‘m\i#jkife^#jXc\j#^ifnk_#‘e#
CV17.
Fe#Blifg\,#jXc\j#YdWi#Tk#5.%.#T\#j‘^e\[#e\n#[\Xcj#n‘k_#
gXike\ij#‘e#k_\#RH#Xj#n\cc#Xj#Mfikl^Xc.#Lli#Ylj‘e\jj#‘e#k_\#
K\k_\icXe[j#Xe[#?\c^‘ld#YdWi#efda‘Y^k.
Fe#C\YilXip#2016#JSM#XZhl‘i\[#?i\Xk_->-Q\Z_.##
?i\Xk_->-Q\Z_#‘j#k_\#c\X[‘e^#YiXe[#f]#Xjk_dX#jgXZ\#
Z_XdY\ij#‘e#k_\#>ljkiXc‘Xe#g_XidXZp#Xe[#_fjg‘kXc#dXib\kj.#
Q_\#XZhl‘j‘k‘fe#i\‘e]fiZ\[#JAF#Xj#dXib\k#c\X[\i#‘e#>ljkiXc‘X.#
P‘eZ\#XZhl‘i‘e^#?i\Xk_->-Q\Z_,#JAF#_Xj#‘ekif[lZ\[#6#e\n#
?i\Xk_->-Q\Z_#gif[lZkj#Xe[#i\cXleZ_\[#k_\#YiXe[.#Fe#Gle\,#
?i\Xk_->-Q\Z_#jXc\j#n\i\#k_\#_‘^_\jk#i\Zfi[\[#]fi#Xep#
dfek_#j‘eZ\#2011.#
9gefdS^[S
Lli#>ljkiXc‘Xe#i\jg‘iXkfip#jXc\j#YdWi#/.7%.#T\#\og\Zk#
jXc\j#^ifnk_#kf#Zfek‘el\#jkife^cp#[li‘e^#CV17#Xj#?i\Xk_->-
Q\Z_#n‘cc#Zfeki‘Ylk\#X#]lcc#12#dfek_j#f]#jXc\j.
GadfZ#9_Wd[US
PXc\j#‘e#Kfik_#>d\i‘ZX#YdWi#11%.#Fe#GXelXip#2016#k_\#
CA>#Xggifm\[#JAFxj#c\X[‘e^#iXe^\#f]#Xek‘-jkXk‘Z#[\m‘Z\j.#
P‘eZ\#k_Xk#k‘d\#n\#_Xm\#j‘^e\[#X#[‘jki‘Ylk‘fe#[\Xc#n‘k_#
>d\i‘jfliZ\#?\i^\e#Xe[#@Xi[‘eXc#E\Xck_.#T\#[\c‘m\i\[#fli#
"ijk#gif[lZkj#kf#k_\j\#gXike\ij#‘e#Gle\#2016.#T\#\og\Zk#
kf#j‘^e#X[[‘k‘feXc#gXike\ij_‘g/[‘jki‘Ylk‘fe#[\Xcj#‘e#k_\#RP>#
[li‘e^#CV17.#Pkife^#jXc\j#^ifnk_#j_flc[#]fccfn.
Lli#‘e‘k‘Xc#Xjj\jjd\ek#f]#k_\#RP>#dXib\k#‘j#k_Xk#k_\i\#
Xi\#Xggifo‘dXk\cp#20#d‘cc‘fe#jgXZ\#Z_XdY\i#[\m‘Z\j#jfc[#
\XZ_#p\Xi.#Lli#gif[lZkj#Xi\#Xdfe^jk#k_\#nfic[xj#Y\jk#
Xe[#fli#XdY‘k‘fe#‘j#kf#n‘e#j‘^e‘"ZXek#dXib\k#j_Xi\#fm\i#
k_\#Zfd‘e^#p\Xij.#
>gdabW#
Lli#Ylj‘e\jj#‘e#Blifg\#(‘eZcl[‘e^#k_\#RH)#Zfek‘el\j#kf#
[\c‘m\i#jkife^#jXc\j#^ifnk_#Xe[#^\e\iXk\#gif"kj.#O\jg‘iXkfip#
jXc\j#YdWi#5.%#‘e#CV16.#JAF#j‘^e\[#X[[‘k‘feXc#[\Xcj#‘e#
k_\#RH,#Mfikl^Xc#Xe[#PgX‘e.#JAF#\og\Zk#kf#j‘^e#]lik_\i#
[‘jki‘Ylk‘fe#X^i\\d\ekj#‘e#k_\#Zfd‘e^#p\Xi.#
9e[S
PXc\j#‘ekf#k_‘j#i\^‘fe#YdWi#52%.#
S\k
Lli#S\k#Ylj‘e\jj#[‘UdWSeWV#/.%#‘e#CV16.#JAF#Zfek‘el\j#
kf#n‘e#e\n#fi[\ij#]ifd#@_‘eX#Xe[#Pflk_#BXjk#>j‘X#Xe[#
\og\Zkj#]lik_\i#jXc\j#^ifnk_#‘e#CV17.
O\j\XiZ_#Xe[#
A\m\cfgd\ek
JAF#Zfdd\eZ\[#ZfejkilZk‘fe#f]#fli#e\n#M\ek_ifo(cid:129)#
dXel]XZkli‘e^#]XZ‘c‘kp#k_Xk#n‘cc#_flj\#fli#Zfdd\iZ‘Xc#jZXc\#
gcXek#]fi#k_\#e\n#d\k_fop!liXe\#dXel]XZkli‘e^#gifZ\jj.#
Q_\#]XZ‘c‘kp#n‘cc#_flj\#jkXk\#f]#k_\#Xik#O’A#gif[lZk#k\jk‘e^#
cXYfiXkfi‘\j#Xe[#‘j#\og\Zk\[#kf#Y\#fg\iXk‘feXc#‘e#\Xicp#2017.#
Q_\#e\n#gcXek#n‘cc#Y\#XYc\#kf#XZZfddf[Xk\#d\[‘ld#kf#cfe^#
k\id#]fi\ZXjk\[#‘ek\ieXk‘feXc#[\dXe[.
Lg\iXk‘e^#Bog\ej\j
.15><=21!892@!=8!<.62<
,8>GEF98!12/5!FB!46?9E
#
)#
((
(#
’(
’#
07$’
07$(
07$)
Ali‘e^#k_\#p\Xi,#JAF#‘eZlii\[#X#eldY\i#f]#wfe\#f]]x#Zfjkj#
i\cXk‘e^#kf#k_\#]lkli\#^ifnk_#f]#fli#Ylj‘e\jj.#Q_\#\]]\Zk#f]#
k_\j\#fe\#f]]#Zfjkj#Xi\#[\kX‘c\[#Y\cfn.#
Lli#]lcc#p\Xi#i\jlck#_Xj#Y\\e#‘dgXZk\[#Yp#"m\#]XZkfij;
{# %0.16d#c\^Xc#\og\ej\j#‘eZlii\[#‘e#i\cXk‘fe#kf#k_\#
I‘Z\ej\,#A\m\cfgd\ek#Xe[#@fdd\iZ‘Xc‘jXk‘fe#
>^i\\d\ek#n‘k_#Jle[‘g_XidX<
{#
{#
{#
#%0.24d#Zfjkj#XjjfZ‘Xk\[#n‘k_#k_\#XZhl‘j‘k‘fe#f]##
?i\Xk_->-Q\Z_<#
#%0.318d#\og\ej\#XjjfZ‘Xk\[#n‘k_#k_\#\Xicp#m\jk‘e^#f]#
fgk‘fej#XkkXZ_\[#kf#k_\#@BL#Ife^#Q\id#FeZ\ek‘m\#McXe<#
Xe[#
#%0.14d#i\cfZXk‘fe#Zfjk#XjjfZ‘Xk\[#n‘k_#dfm‘e^#fli#_\X[#
f]"Z\#Xe[#Zfdgfe\ekj#f]#k_\#dXel]XZkli‘e^#fg\iXk‘fej#
kf#fli#e\n#PZfi\jYp#YXj\[#j‘k\.
>[aljk‘e^#]fi#k_\#ZfdY‘e\[#‘dgXZk#f]#k_\j\#(%0.9d)#
i\jlckj#‘e#BXie‘e^j#?\]fi\#Fek\i\jk,#QXo,#A\gi\Z‘Xk‘fe#Xe[#
>dfik‘jXk‘fe#‘eZi\Xj‘e^#kf#%4.3d.#
Fem\jk‘e^#‘e#Lg\iXk‘fej
%0.6d#nXj#jg\ek#fe#‘eZi\Xj‘e^#_\X[#Zflek#[li‘e^#k_\#
p\Xi.#Fe#gXik‘ZlcXi#JAF#‘em\jk\[#_\Xm‘cp#‘e#‘kj#NlXc‘kp#Xe[#
O\^lcXkfip#[\gXikd\ekj#kf#ZXk\i#]fi#k_\#[\dXe[j#f]#^cfYXc#
\ogXej‘fe.#T\#Xi\#efn#n\cc#gcXZ\[#]fi#k_\#]lkli\#Xe[#[f#efk#
\og\Zk#]lik_\i#j‘^e‘"ZXek#‘em\jkd\ek.
JAF#Zfek‘el\j#kf#‘em\jk#‘e#Zc‘e‘ZXc#jkl[‘\j,#i\j\XiZ_#Xe[#
[\m\cfgd\ek#Xe[#gif[lZk#[\m\cfgd\ek.#Pfd\#f]#k_\j\#
\og\ej\j#_Xm\#ZXg‘kXc‘j\[#kf#‘ekXe^‘Yc\#Xjj\kj#n_\i\#
Xggifgi‘Xk\#Xe[#k_\#i\dX‘e[\i#_Xj#Y\\e#kXb\e#[‘i\Zkcp#kf#
k_\#gif"k#Xe[#cfjj.
T\#i\Z\‘m\[#X#%0.117#d‘cc‘fe#O’A#kXo#‘eZ\ek‘m\#i\]le[#
[li‘e^#k_\#p\Xi#Xe[#X#]lik_\i#%0.223#d‘cc‘fe#‘j#\og\Zk\[#‘e#
k_\#Zfd‘e^#dfek_j#‘e#i\cXk‘fe#kf#CV16.
+BBH8@!0?B8B9?8@!6#A‘m‘[\e[#
O\‘em\jkd\ek#McXe#‘j#X^X‘e#Y\‘e^#f]]\i\[.
Llkcffb
JAFxj#XdY‘k‘fe#‘j#kf#^cfYXc‘j\#IW‘fZdajp#Xe[#‘e#[f‘e^#jf#
dXb\#‘k#k_\#dX‘e#jki\Xd#XeXc^\j‘Z#f]#Z_f‘Z\#Xifle[#k_\#
nfic[.#Q_Xk#gifZ\jj#_Xj#Y\^le.#Lm\i#k_\#e\ok#12#dfek_j#
n\#\og\Zk;#
{
{
{
{
{
kf#fYkX‘e#XggifmXc#kf#j\cc#M\ek_ifo(cid:129)#‘e#k_\#i\dX‘e‘e^#
dXib\kj#‘e#k_\#BR#Xe[#jfd\#X[[‘k‘feXc#Zfleki‘\j#Xifle[#
k_\#nfic[<
Zfdgc\k\#fli#dXel]XZkli‘e^#]XZ‘c‘kp#n_‘Z_#n‘cc#_Xm\#
jg\Z‘Xc#gligfj\#O\j\XiZ_#Xe[#A\m\cfgd\ek#cXYfiXkfi‘\j#
[\[‘ZXk\[#kf#‘dgifm‘e^#k_\#nXp#n\#dXel]XZkli\#
M\ek_ifo(cid:129)<#
ZfeZcl[\#X[[‘k‘feXc#[‘jki‘Ylk‘fe#gXike\ij_‘gj#]fi#e\n#
Zfleki‘\j<
Zfdd\eZ\#nfib#fe#gif[lZ‘e^#fk_\i#>eXc^\j‘Z#Xe[#
>eX\jk_\k‘Z#gif[lZkj#lj‘e^#k_\#‘ek\cc\ZklXc#gifg\ikp#k_Xk#
‘j#fli#e\n#dXel]XZkli‘e^#gifZ\jj<#Xe[
Zfdd\eZ\#Xe[#gif^i\jj#nfib#fe#^Xk_\i‘e^#k_\#Zc‘e‘ZXc#
[XkX#e\\[\[#kf#jlYd‘k#X#wK\n#Ail^#>ggc‘ZXk‘fex#kf#k_\#
Cff[#’#Ail^#>[d‘e‘jkiXk‘fe#‘e#k_\#RP>.
Lli#KWeb[dSfadk#=Wh[UWe#Xi\#Y\jk#‘e#ZcXjj#Xe[#n\#n‘cc#
Zfek‘el\#fli#^cfYXc#\ogXej‘fe#Xe[#‘e#gXik‘ZlcXi#Yl‘c[#fli#
RP>#Ylj‘e\jj.#T\#\og\Zk#kf#[\c‘m\i#e\n#gXike\ij_‘g#[\Xcj,#
\ogXe[#fli#gif[lZk#f]]\i‘e^#Xe[#^ifn#jXc\j#j‘^e‘"ZXekcp.
Q_\#^cfYXc‘jXk‘fe#f]#JAF#‘j#n\cc#le[\inXp.#Q_\#fggfikle‘k‘\j#
]fi#X#hlXekld#‘eZi\Xj\#‘e#jXc\j#Xe[#k_\#[\m\cfgd\ek#f]#fli#
Ylj‘e\jj#^cfYXccp#‘e#CV17#Xi\#^ff[.
T\#nflc[#c‘b\#kf#k_Xeb#fli#jkX]]#Xe[#fli#kiX[‘e^#gXike\ij#]fi#
k_\‘i#\]]fikj#Xe[#jlggfik#Xe[#cffb#]finXi[#kf#]lik_\i#jlZZ\jj#
‘e#CV17#Xe[#Y\pfe[.
Clik_\i#Fe]fidXk‘fe;#
FK#CHAG#LA9KF9G
FK#=9OB=#PBEEB9FL
@EFBC#BUB@RQFSB#LCCF@BO
@E>FOJ>K
+61#3#9547#1888
+61#414#383#593
*
4<;?98@!.lkfZcXmXYc\#jgXZ\i
?i\Xk_->-Q\Z_#jgXZ\i
?i\Xk_->-Q\Z_#Efjg‘kXc#jgXZ\i
?i\Xk_->c\ik(cid:129)#M\Xb#Ccfn#J\k\i
JpJAF}#MfikXYc\#K\Ylc‘j\i
JpJAF}#Mlcj\#Lo‘d\k\i
?SUW#_Se]e#
BW-"k#j‘c‘Zfe\#Xe[#[‘jgfjXYc\#]XZ\#dXjbj
HjkYW‘
LUF-Mfik(cid:129)#fop^\e#k_\iXgp#[\m‘Z\
LUF-Pfb#fop^\e#k_\iXgp#[\m‘Z\
LUF-Mif#fop^\e#i\jljZ‘kXk‘fe#[\m‘Z\
LUF-I‘]\#fop^\e#i\jljZ‘kXk‘fe#[\m‘Z\
LUF-PXm\i}#Zcfj\[#Z‘iZl‘k#fop^\e#i\jljZ‘kXk‘fe#[\m‘Z\
LUF-A‘m\#Zcfj\[#Z‘iZl‘k#fop^\e#i\jljZ‘kXk‘fe#[\m‘Z\
LUF-SXZ}#jlZk‘fe#jpjk\d
KWYg^Sfade#
HAH}#i\^lcXkfi/!fn#d\k\i#n‘k_#fop^\e#!lj_
9TeadTWde
H>?}#ZXiYfe#[‘fo‘[\#XYjfiY\i
S\k\i‘eXip
9‘SWefZWe[S# JH5#Zcfj\[#Z‘iZl‘k#XeX\jk_\k‘Z#dXZ_‘e\
I>K>#Zcfj\[#Z‘iZl‘k#XeX\jk_\k‘Z#dXZ_‘e\
J‘e‘-HLJ}#XeX\jk_\k‘Z#dXZ_‘e\
?i\Xk_->c\ik(cid:129)#Yi\Xk_‘e^#dfe‘kfi
f
‘
c
f
]
k
i
f
M
#
k
Z
l
[
f
i
M
+BBH8@!0?B8B9?8@!6ljkiXc‘X.#JSM#‘j#k_\#
jfc\#dXel]XZkli\i#f]#k_\#XZk‘m\#dfc\Zlc\#nfic[n‘[\#Xe[#
Zfek‘el\j#kf#[\m\cfg#e\n#dXib\kj#Xe[#Xggc‘ZXk‘fej#]fi#k_\#
‘Zfe‘Z#YiXe[#M\ek_ifo(cid:129).#M\ek_ifo(cid:129)#Zfek‘el\j#kf#Y\#lj\[#
Xj#X#w"ijk#c‘e\x#gif[lZk#]fi#k_\#ki\Xkd\ek#f]#gX‘e#‘e#kiXldX#
Yp#Xcc#>dYlcXeZ\#P\im‘Z\j#‘e#>ljkiXc‘X.#JSM#Zfek‘el\[#
k_\#gifdfk‘feXc#]fZlj#‘ekf#k_\#>ljkiXc‘Xe#>dYlcXeZ\#
j\im‘Z\j#\ejli‘e^#k_Xk#k_\#jkife^#gfj‘k‘fe‘e^#f]#M\ek_ifo(cid:129)#‘j#
dX‘ekX‘e\[.#Jfm‘e^#]finXi[,#k_\#jkiXk\^p#‘j#kf#Zfek‘el\#kf#
YifX[\e#k_\#iXe^\#Zljkfd\ij#(_fjg‘kXcj,#^\e\iXc#giXZk‘Z\,#
[\ekXc#Xe[#Zfjd\k‘Z)#Xe[#Zfleki‘\j#k_Xk#ZXe#Y\#j\im\[#Yp#
M\ek_ifo(cid:129).#Fe#CV16#M\ek_ifo(cid:129)#nXj#jlZZ\jj]lccp#cXleZ_\[#
‘ekf#k_\#R.H.#Xe[#Fi\cXe[.
IdaVgUf#Lg[fW
JSM#‘j#Zfek‘el‘e^#kf#[\m\cfg#X[[‘k‘feXc#]fidlcXk‘fej#f]#
M\ek_ifo(cid:129)#kf#gifm‘[\#‘dgifm\#Zfem\e‘\eZ\,#lk‘c‘kp#Xe[#mXcl\#
]fi#‘kj#Zljkfd\ij.
#"#"
4<;?98@!.ljkiXc‘X#
Xe[#fm\ij\Xj.#>k#k_\#jXd\#k‘d\#JSM#n‘cc#[\m\cfg#e\n#
ZfccXYfiXk‘fej#]fi#]lkli\#^ifnk_.#@fi\#kf#k_\#^ifnk_#‘j#k_\#
[\m\cfgd\ek#f]#e\n#Xe[#‘dgifm\[#df[\cj#f];
{ >jk_dX/@LMA#PgXZ\#@_XdY\ij
{ M\ek_ifo(cid:129)#Fe_Xc\i
{ M\Xb#Ccfn#J\k\ij
{ MfikXYc\#K\Ylc‘j\ij
{ Mlcj\#Lo‘d\k\i
{ CXZ\#JXjbj
{ Qflie‘hl\kj
{ Bd\i^\eZp#J\[‘Z‘e\#ZfejldXYc\#\hl‘gd\ek
9efZ_S#=Wh[UWe
JSMxj#>jk_dX#[\m‘Z\j#Ylj‘e\jj#_Xj#Y\\e#jkife^#]fi#dXep#
p\Xij#Xe[#Zfek‘el\j#kf#gifm‘[\#jfc‘[#jXc\j#Xe[#gif"k.
Q_\#jlZZ\jj#f]#k_‘j#Ylj‘e\jj#fm\i#i\Z\ek#p\Xij#_Xj#Y\\e#
[l\#kf#]fli#]XZkfij;
{ Q_\#jki\e^k_#f]#k_\#>cc\ij\XiZ_#YiXe[#‘e#>ljkiXc‘Xe#
Efjg‘kXcj#Xe[#M_XidXZ‘\j#Xe[#fli#[‘jki‘Ylk‘fe#gXike\i
{ Q_\#^ifnk_#f]#k_\#L>MI#jXc\j#‘e#Efjg‘kXcj#Xe[#
M_XidXZ‘\j#n‘k_‘e#>ljkiXc‘X
{ Q_\#XZhl‘j‘k‘fe#f]#k_\#?i\Xk_->-Q\Z_#iXe^\#f]#jgXZ\ij#
Xe[#]XZ\#dXjbj
{ Difn‘e^#jXc\j#f]#fli#iXe^\#f]#>jk_dX#gif[lZkj#k_ifl^_#
\jkXYc‘j_\[#‘ek\ieXk‘feXc#gXike\ij#Xe[#e\n#Zljkfd\ij.#
L]#gXik‘ZlcXi#efk\#‘j#k_\#cXleZ_#f]#PgXZ\#@_XdY\i#‘e#k_\#
RP>#‘e#CV16.
IdaVgUf#VWhW^ab_W‘f
JSMxj#PgXZ\#@_XdY\i#‘j#n\cc#befne#‘e#k_\#dXib\k#gcXZ\#Xj#
k_\#wOfccj#OfpZ\x#YiXe[#Xe[#‘k#f]]\ij#k_\#^i\Xk\jk#fggfikle‘kp#
]fi#]lkli\#^ifnk_#‘e#k_\#>jk_dX#[\m‘Z\j#dXib\k.#Qf#Xjj‘jk#
‘e#]lkli\#^ifnk_#JSM#_Xj#[\m\cfg\[#e\n#Xe[#‘dgifm\[#
PgXZ\#@_XdY\ij#kf#Xjj‘jk#n‘k_#[‘]]\i\ek‘Xk‘fe#Xe[#cfZXc#Xe[#
‘ek\ieXk‘feXc#g\e\kiXk‘fe.
+BBH8@!0?B8B9?8@!6ljkiXc‘X.
MZW#_Sd]Wf
Q_\#JSMxj#fop^\e#\hl‘gd\ek#‘j#gliZ_Xj\[#Xe[#lj\[#Yp;
{ >dYlcXeZ\#j\im‘Z\j
{ C‘i\#Yi‘^X[\j
{ I‘]\jXm‘e^#ZclYj
{ J‘c‘kXip
#$#$
4<;?98@!.eX\jk_\k‘Z#dXZ_‘e\j
{ SXgfi‘j\ij
{ ?i\Xk_‘e^#dfe‘kfij
MZW#FSd]Wf
JSM#f]]\ij#X#iXe^\#f]#fg\e#Xe[#Zcfj\[#Z‘iZl‘k#XeX\jk_\k‘Z#
dXZ_‘e\j#kf#k_\#m\k\i‘eXip#dXib\k,#n_‘Z_#Xi\#gfglcXicp#
befne#Xj#Hfd\jXif]]#XeX\jk_\k‘Z#dXZ_‘e\j.#JSM#_Xj#
[\m\cfg\[#X#le‘hl\#dXib\k#gfj‘k‘fe#i\^Xi[‘e^#k_\#[\j‘^e,#
dXel]XZkli\#Xe[#jlggcp#f]#Zcfj\[#Z‘iZl‘k#XeX\jk_\k‘Z#
dXZ_‘e\j#kf#k_‘j#gXik‘ZlcXi#e‘Z_\#dXib\k#‘e#Blifg\.
T_‘cjk#k_\#dXafi‘kp#f]#JAFxj#m\k\i‘eXip#gif[lZkj#Zfek‘el\#
kf#Y\#jfc[#‘e#Blifg\#k_ifl^_#fli#[‘jki‘Ylkfi,#Hillj\#(fe\#
f]#Blifg\xj#cXi^\jk#m\k\i‘eXip#[‘jki‘Ylk‘fe#ZfdgXe‘\j),#
k_\#cXleZ_#f]#X#e\n#dXZ_‘e\,#Xe[#n‘k_#X#e\n#ZXkXcf^l\#
m\k\i‘eXip#jXc\j#Zfek‘el\#kf#^ifn.
GWi#IdaVgUf#=WhW^ab_W‘f
JSMxj#?i\Xk_->c\ik(cid:129)#Yi\Xk_‘e^#dfe‘kfi#(JXib#FS)#Zfek‘el\[#
kf#j\cc#n\cc#fe#e\n#Ylk#j‘dgc\#j\cc‘e^#]\Xkli\j#jlZ_#Xj#j‘q\#
(jdXcc\i#le‘k),#\Xj\#f]#lj\#Xe[#YXkk\ip#cfe^\m‘kp.#Q_ifl^_#
e\n#gif[lZkj#X#jg\Z‘"ZXccp#kX‘cfi\[#ZXkXcf^l\#Xe[#gifdfk‘fe#
m‘X#fli#>ljkiXc‘Xe#[‘jki‘Ylkfi#n‘cc#Xjj‘jk#]lkli\#jXc\j#^ifnk_.
+BBH8@!0?B8B9?8@!6PJ
Ji#I\fe#EfXi\
Ga‘+>jWUgf[hW#jWUgf[hW#=[dWUfad#
Ai#Lo\i#‘j#X#J\[‘ZXc#@fejlckXek#kf#JSM#
Xe[#Pk#Gf_e#>dYlcXeZ\#‘e#T\jk\ie#
>ljkiXc‘X.#Ai#Lo\i#nXj#X#cfe^-k‘d\#
d\dY\i#f]#k_\#PkXk\#Bo\Zlk‘m\#]fi#Pk#
Gf_e#>dYlcXeZ\#(T>)#lek‘c#_‘j#i\k‘i\d\ek#
‘e#ifkXk‘fe#‘e#2012,#Xe[#nXj#k_\#
gi\m‘flj#J\[‘ZXc#A‘i\Zkfi#]fi#26#p\Xij.#
E\#_Xj#kXl^_k,#c\Zkli\[#Xe[#glYc‘j_\[#
\ok\ej‘m\cp#fm\i#k_\#p\Xij,#Yfk_#eXk‘feXccp#
Xe[#‘ek\ieXk‘feXccp.#Ai#Lo\i#‘j#Xcjf#X#
gXjk#@_X‘idXe#f]#k_\#>ljkiXc‘Xe#
O\jljZ‘kXk‘fe#@fleZ‘c#Xe[#_Xj#X#dXafi#
‘ek\i\jk#‘e#i\jljZ‘kXk‘fe,#fop^\e#k_\iXgp#
Xe[#gX‘e#i\c‘\].
Ga‘+>jWUgf[hW#=[dWUfad#
Ji#EfXi\#‘j#k_\#JXeX^‘e^#A‘i\Zkfi#f]#
Pd‘k_#’#K\g_\n#‘e#>ljkiXc‘X#’#K\n#
W\XcXe[#(Zfm\i‘e^#Xcc#A‘m‘j‘fej),#n_‘Z_#
‘j#fe\#f]#k_\#cXi^\jk#^cfYXc#jlYj‘[‘Xi‘\j#
(flkj‘[\#k_\#RP>).#Fe#_‘j#24#p\Xij#n‘k_#
Pd‘k_#’#K\g_\n,#_\#_Xj#_\c[#ifc\j#
‘e#JXib\k‘e^,#A‘m‘j‘feXc#Xe[#D\e\iXc#
JXeX^\d\ek,#Xe[#nXj#dfjk#i\Z\ekcp#
>j‘X#MXZ‘"Z#Mi\j‘[\ek#f]#k_\#>[mXeZ\[#
Tfle[#JXeX^\d\ek#(>TJ)#A‘m‘j‘fe,#
Y\]fi\#X[mXeZ‘e^#kf#k_\#JXeX^‘e^#
A‘i\Zkfi#ifc\#‘e#2014.#E\#_Xj#Xcjf#Y\\e#
X#d\dY\i#f]#k_\#DcfYXc#Bo\Zlk‘m\#
JXeX^\d\ek#]fi#k_\#>TJ#A‘m‘j‘fe#f]#
Pd‘k_#’#K\g_\n#n_‘cjk#c\X[‘e^#>j‘X#
MXZ‘"Z.#Bok\ieXc#kf#Pd‘k_#’#K\g_\n,#
Ji#EfXi\#gi\m‘fljcp#_\c[#YfXi[#ifc\j#
(‘eZcl[‘e^#Xj#S‘Z\-@_X‘i)#n‘k_#>ljkiXc‘Xxj#
g\Xb#d\[‘ZXc#[\m‘Z\#Yf[p,#J\[‘ZXc#
Q\Z_efcf^p#>jjfZ‘Xk‘fe#f]#>ljkiXc‘X#
(JQ>>).#
Ji#JXo#Gf_ejkfe
Ga‘+>jWUgf[hW#=[dWUfad#
Ji#Gf_ejkfe#‘j#X#efe-\o\Zlk‘m\#[‘i\Zkfi#
f]#Be\if#Diflg#I‘d‘k\[,#Mfcpefmf#
I‘d‘k\[#Xe[#@_X‘idXe#f]#MifY‘fk\Z#
I‘d‘k\[.#Cfi#11#p\Xij#_\#nXj#Mi\j‘[\ek#
Xe[#@_‘\]#Bo\Zlk‘m\#L]"Z\i#f]#Gf_ejfe#
’#Gf_ejfe#MXZ‘"Z#Xe[#Xe#Bo\Zlk‘m\#
A‘i\Zkfi#f]#Gf_ejfe#’#Gf_ejfe.#Ji#
Gf_ejfe#_Xj#Xcjf#_\c[#j\m\iXc#gifd‘e\ek#
‘e[ljkip#ifc\j#Xj#X#gXjk#Mi\j‘[\ek#f]#
>@@LOA#>ljkiXcXj‘X#I‘d‘k\[,#X#]fid\i#
S‘Z\#@_X‘idXe#f]#k_\#>ljkiXc‘Xe#Cff[#
Xe[#DifZ\ip#@fleZ‘c#Xe[#X#]fid\i#
d\dY\i#f]#k_\#YfXi[#f]#>PJF.#Ji#
Gf_ejfe#_Xj#_X[#\ok\ej‘m\#fm\ij\Xj#
\og\i‘\eZ\#[li‘e^#_‘j#ZXi\\i#‘e#c\X[‘e^#
Ylj‘e\jj\j#‘e#Yfk_#T\jk\ie#Xe[#@\ekiXc-
BXjk\ie#Blifg\,#>]i‘ZX#Xj#n\cc#Xj#>j‘X-
MXZ‘"Z.#Ji#Gf_ejkfe#‘j#Xcjf#X#d\dY\i#f]#
k_\#JSM#>l[‘k#’#O‘jb#@fdd‘kk\\.
#&#&
4<;?98@!.jWUgf[hW#=[dWUfad#
Ji#Mfn\cc,#X#@_Xik\i\[#>ZZflekXek,#
_Xj#Xe#\ok\ej‘m\#"eXeZ\#YXZb^ifle[#
Xe[#Zfdd\eZ\[#nfib‘e^#‘e#‘em\jkd\ek#
YXeb‘e^#‘e#1996#Xk#EXdYifj#@figfiXk\#
C‘eXeZ\#]fccfn‘e^#k\e#p\Xij#‘e[ljkip#
\og\i‘\eZ\#‘e#j\e‘fi#"eXeZ\#ifc\j#n‘k_#
>PU#c‘jk\[#glYc‘Z#ZfdgXep#L>JMP#
I‘d‘k\[.#Mi‘fi#kf#k_\j\#ifc\j,#_\#nfib\[#
]fi#k\e#p\Xij#n‘k_‘e#k_\#>jjliXeZ\#
A‘m‘j‘fe#Xk#>ik_li#>e[\ij\e#’#@f.
Cifd#GXelXip#2006#kf#Glcp#2013#_\#
nXj#Xe#Bo\Zlk‘m\#A‘i\Zkfi#Xk#@figfiXk\#
C‘eXeZ\#>[m‘jfip#"id#H‘[[\i#T‘cc‘Xdj.#
M_‘c‘g#‘j#Xcjf#X#Kfe-\o\Zlk‘m\#A‘i\Zkfi#f]#
MfcpKfmf#I‘d‘k\[#(>PU;MKS).
M_‘c‘g#‘j#@_X‘idXe#f]#JSMxj#>l[‘k#Xe[#
O‘jb#@fdd‘kk\\.
Ji#>ccXe#JZ@Xccld
Ga‘+>jWUgf[hW#=[dWUfad#
Ji#JZ@Xccld#_Xj#fm\i#15#p\Xij#glYc‘Z#
ZfdgXe‘\j#\og\i‘\eZ\#‘eZcl[‘e^#Xe#
>PU#50#ZfdgXep#Xe[#_Xj#j\im\[#fe#
eld\iflj#Zfdd‘kk\\j#‘eZcl[‘e^;#>l[‘k,#
O\dle\iXk‘fe#’#Kfd‘eXk‘fe,#Xe[#Xj#Xe#
Fe[\g\e[\ek#A‘i\Zkfi#fe#O\cXk\[#MXik‘\j#
(Dfm\ieXeZ\)#@fdd‘kk\\j.#Ji#JZ@Xccld#
‘j#X#d\dY\i#f]#k_\#O\dle\iXk‘fe#Xe[#
Kfd‘eXk‘fej#@fdd‘kk\\.#E\#‘j#Xcjf#
@_X‘idXe#f]#QXjjXc#Diflg#Ik[.
’1,,")+*/!(+.-/0!%#$&!
0?B8B9?8@!7<8E! !
/B;<;!’$!2HB!Dl[‘kfixj#O\gfik#kf#k_\#J\dY\ij#f]#J\[‘ZXc#A\m\cfgd\ekj#Fek\ieXk‘feXc#I‘d‘k\[
A‘i\Zkfijx#A\ZcXiXk‘fe
@fejfc‘[Xk\[#PkXk\d\ek#f]#Mif"k#fi#Ifjj#Xe[#Lk_\i#@fdgi\_\ej‘m\#FeZfd\#
]fi#k_\#C‘eXeZ‘Xc#V\Xi#Be[\[#30#Gle\#2016
@fejfc‘[Xk\[#PkXk\d\ek#f]#C‘eXeZ‘Xc#Mfj‘k‘fe#Xj#Xk#30#Gle\#2016
@fejfc‘[Xk\[#PkXk\d\ek#f]#@_Xe^\j#‘e#Bhl‘kp#]fi#k_\#C‘eXeZ‘Xc#V\Xi#Be[\[#30#Gle\#2016
@fejfc‘[Xk\[#PkXk\d\ek#f]#@Xj_#Ccfnj#]fi#k_\#C‘eXeZ‘Xc#V\Xi#Be[\[#30#Gle\#2016
Kfk\j#kf#k_\#C‘eXeZ‘Xc#PkXk\d\ekj#]fi#k_\#C‘eXeZ‘Xc#V\Xi#Be[\[#30#Gle\#2016
1717
2121
3333
3434
3636
3737
3838
3939
4040
4141
#(#(
4<;?98@!.l[‘k#’#
O‘jb#@fdd‘kk\\#Xe[#k_\#O\dle\iXk‘fe#@fdd‘kk\\<#
i\m‘\n‘e^#k_\#?fXi[xj#jkilZkli\#Xe[#g\i]fidXeZ\#]ifd#
k‘d\#kf#k‘d\#Xe[#dXb‘e^#[\Z‘j‘fej#fe#e\n#Xggf‘ekd\ekj#
kf#k_\#?fXi[<
Xggifm‘e^#k_\#XeelXc#Yl[^\k#Xe[#cfe^-k\id#Yl[^\kj<
Xggifm‘e^#Xcc#d\i^\ij#Xe[#XZhl‘j‘k‘fej,#Xe[#gifg\ikp#
XZhl‘j‘k‘fej#Xe[#[‘jgfjXcj<
‘jjl‘e^#j_Xi\j,#fgk‘fej,#\hl‘kp#‘ejkild\ekj#fi#fk_\i#
j\Zli‘k‘\j#‘e#JAF#fi#‘kj#jlYj‘[‘Xi‘\j<
{ [\k\id‘e‘e^#k_\#\k_fj#f]#k_\#ZfdgXep#Xe[#\ejli‘e^#k_Xk#
k_\#^iflg#X[_\i\j#kf#Xggifgi‘Xk\#jkXe[Xi[j#Xe[#mXcl\j#
Xe[#Xggc‘ZXYc\#cXnj<#Xe[
{
i\gi\j\ek‘e^#k_\#‘ek\i\jkj#f]#j_Xi\_fc[\ij.
Qf#Xjj‘jk#‘e#k_\#\o\Zlk‘fe#f]#k_\j\#i\jgfej‘Y‘c‘k‘\j,#k_\#?fXi[#
_Xj#knf#?fXi[#@fdd‘kk\\j#Y\‘e^;
{ >l[‘k#Xe[#O‘jb#@fdd‘kk\\#(Ji#M#Mfn\cc#Xe[#Ji#J#
Gf_ejkfe).#
{ O\dle\iXk‘fe#Xe[#Kfd‘eXk‘fej#@fdd‘kk\\#(Ji#A#
T‘cc‘Xdj#Xe[#Ji#>#JZ@Xccld).
>cc#fk_\i#]leZk‘fej#f]#k_\#?fXi[#n‘cc#Y\#[\Xck#n‘k_#Yp#
k_\#?fXi[#Xj#X#n_fc\.#Efn\m\i,#]ifd#k‘d\#kf#k‘d\,#k_\#
?fXi[#dXp#[\k\id‘e\#kf#\jkXYc‘j_#jg\Z‘"Z#gligfj\#jlY-
Zfdd‘kk\\j#kf#[\Xc#n‘k_#jg\Z‘"Z#‘jjl\j.
LZSdW#fdSV[‘Y
Q_\#?fXi[#_Xj#X[fgk\[#X#j_Xi\#kiX[‘e^#gfc‘Zp#]fi#A‘i\Zkfij#
Xe[#f]"Z\ij#f]#k_\#ZfdgXep.#Q_\#Mfc‘Zp#i\^lcXk\j#[\Xc‘e^j#
Yp#J\[‘ZXc#A\m\cfgd\ekj#Fek\ieXk‘feXc#I‘d‘k\[#(wJAFx)#
[‘i\Zkfij,#f]"Z\ij#Xe[#\dgcfp\\j#‘e#JAF#j\Zli‘k‘\j.
Q_\#jkXe[Xi[j#Xe[#Zfe[lZk#X[fgk\[#Yp#k_\#?fXi[#i\!\Zk,#
n_\i\#Xggc‘ZXYc\,#k_\#jkXe[Xi[j#]fi#@figfiXk\#Dfm\ieXeZ\#
Xj#gifm‘[\[#‘e#k_\#>PU#@figfiXk\#Dfm\ieXeZ\#Mi‘eZ‘gc\j#
\jkXYc‘j_\[#Yp#k_\#>PU#@figfiXk\#Dfm\ieXeZ\#@fleZ‘c.#
Q_\#]fccfn‘e^#j\Zk‘fej#jlddXi‘j\#JAFxj#Zfdgc‘XeZ\#
n‘k_#k_\j\#gi‘eZ‘gc\j.#Rec\jj#\ogc‘Z‘kcp#jkXk\[#fk_\in‘j\,#
k_\#A‘i\Zkfij#Y\c‘\m\#JAF#Zfdgc‘\j#n‘k_#k_\#@figfiXk\#
Dfm\ieXeZ\#@fleZ‘cxj#i\Zfdd\e[Xk‘fej.#
Mi‘eZ‘gc\#1;#
IXp#jfc‘[#]fle[Xk‘fej#
]fi#dXeX^\d\ek#Xe[#
fm\ij‘^_k
Alk‘\j#f]#k_\#?fXi[#Xe[#f]#dXeX^\d\ek#Xi\#Zc\Xicp#
j\^i\^Xk\[#Xe[#jkXk\[#‘e#k_\#ZfdgXepxj#@figfiXk\#
Dfm\ieXeZ\#JXelXc.#Q_\#?fXi[xj#ifc\#Xe[#i\jgfej‘Y‘c‘k‘\j#
+BBH8@!0?B8B9?8@!6cc#j\e‘fi#\o\Zlk‘m\#Xggf‘ekd\ekj#‘emfcm\#X#]fidXc#ni‘kk\e#
X^i\\d\ek#k_Xk#‘j#i\m‘\n\[#Xe[#j‘^e\[#f]]#fe#Yp#Yfk_#k_\#
@BL#Xe[#i\c\mXek#Bo\Zlk‘m\.
Q_\#?fXi[#le[\ikXb\j#]fidXc#‘ek\im‘\nj#Xe[#i\]\i\eZ\#
Z_\Zbj#kf#Xjj\jj#k_\#Xggifgi‘Xk\e\jj#f]#Xcc#ZXe[‘[Xk\j.#
Fe]fidXk‘fe#i\c\mXek#kf#k_\#[\Z‘j‘fe#fe#n_\k_\i#fi#efk#kf#
\c\Zk#fi#i\-\c\Zk#X#[‘i\Zkfi#‘j#jlddXi‘j\[#n‘k_‘e#k_\#>eelXc#
D\e\iXc#J\\k‘e^#Kfk‘Z\#f]#J\\k‘e^#n_‘Z_#‘j#j\ek#kf#Xcc#
j\Zli‘kp#_fc[\ij#Xe[#Xcjf#i\c\Xj\[#kf#k_\#>PU#Xe[#glYc‘j_\[#
fe#k_\#ZfdgXep#n\Yj‘k\.
Fe[‘m‘[lXc#X^i\\d\ekj#n‘k_#\XZ_#f]#k_\#[‘i\Zkfij#[f#efk#
\o‘jk,#_fn\m\i#k_\#[lk‘\j#Xe[#fYc‘^Xk‘fej#f]#A‘i\Zkfij#Xi\#
jg\Z‘"ZXccp#flkc‘e\[#‘e#k_\#@figfiXk\#Dfm\ieXeZ\#JXelXc#
Xe[#k_\#i\dle\iXk‘fe#f]#A‘i\Zkfij#‘j#X[[i\jj\[#Xk#c\Xjk#
XeelXccp#Yp#k_\#O\dle\iXk‘fe#Xe[#Kfd‘eXk‘fe#@fdd‘kk\\.
Q_\#@fdgXep#P\Zi\kXip#i\gfikj#kf#k_\#@_X‘idXe#fe#Xcc#
?fXi[#]leZk‘fe‘e^#Xe[#@figfiXk\#Dfm\ieXeZ\#i\cXk\[#
dXkk\ij.#Q_\#@fdgXep#P\Zi\kXip#Xkk\e[j#?fXi[#d\\k‘e^j#
Xe[#_Xj#‘eglk#‘ekf#dXk\i‘Xcj#[‘jki‘Ylk\[#Xj#gXik#f]#k_\j\#
d\\k‘e^j.#Clik_\idfi\,#@figfiXk\#Dfm\ieXeZ\#i\cXk\[#
dXkk\ij#Xi\#X[[i\jj\[#Xj#X#jg\Z‘"Z#X^\e[X#Xk#?fXi[#
d\\k‘e^j.
O\Zfdd\e[Xk‘fe#1.5-1.6
@fdgXe‘\j#j_flc[#\jkXYc‘j_#X#gfc‘Zp#ZfeZ\ie‘e^#[‘m\ij‘kp#
Xe[#[‘jZcfj\#k_\#gfc‘Zp#fi#X#jlddXip#f]#k_Xk#gfc‘Zp.#Q_\#
gfc‘Zp#j_flc[#‘eZcl[\#i\hl‘i\d\ekj#]fi#k_\#YfXi[#kf#\jkXYc‘j_#
d\XjliXYc\#fYa\Zk‘m\j#]fi#XZ_‘\m‘e^#^\e[\i#[‘m\ij‘kp#Xe[#
]fi#k_\#YfXi[#kf#Xjj\jj#XeelXccp#Yfk_#k_\#fYa\Zk‘m\j#Xe[#
gif^i\jj#‘e#XZ_‘\m‘e^#k_\d.
Q_\#@fdgXep#_Xj#\jkXYc‘j_\[#Xe[#[‘jZcfj\[#(fe#‘kj#n\Yj‘k\)#
‘kj#A‘m\ij‘kp#Mfc‘Zp#‘e#XZZfi[XeZ\#n‘k_#k_\#i\Zfdd\e[Xk‘fe.#
@fdgXe‘\j#j_flc[#[‘jZcfj\#‘e#\XZ_#XeelXc#i\gfik#k_\#
d\XjliXYc\#fYa\Zk‘m\j#]fi#XZ_‘\m‘e^#^\e[\i#[‘m\ij‘kp#j\k#
Yp#k_\#YfXi[#‘e#XZZfi[XeZ\#n‘k_#k_\#[‘m\ij‘kp#gfc‘Zp#Xe[#
gif^i\jj#kfnXi[j#XZ_‘\m‘e^#k_\d.
Q_\#?fXi[#Y\c‘\m\j#‘e#k_\#mXcl\#f]#[‘m\ij‘kp#Ylk#[f\j#efk#
Y\c‘\m\#k_Xk#^‘m\e#k_\#j‘q\#f]#k_\#ZfdgXep#Xe[#k_\#i\jfliZ\j#
XmX‘cXYc\#kf#‘k,#k_Xk#]fidXc‘j‘e^#d\XjliXYc\#fYa\Zk‘m\j#]fi#
XZ_‘\m‘e^#^\e[\i#[‘m\ij‘kp#‘j#Xggifgi‘Xk\.#>j#k_\#ZfdgXep#
^ifnj,#k_\#?fXi[#n‘cc#Zfek‘el\#kf#dfe‘kfi#k_\#A‘m\ij‘kp#Mfc‘Zp#
‘eZcl[‘e^#]fidXc‘j‘e^#d\XjliXYc\#fYa\Zk‘m\j#]fi#XZ_‘\m‘e^#
^\e[\i#[‘m\ij‘kp.
T_‘c\#k_\i\#‘j#Zlii\ekcp#ef#^\e[\i#[‘m\ij‘kp#fe#k_\#?fXi[,#k_\#
?fXi[#‘j#dX[\#lg#f]#‘e[‘m‘[lXcj#]ifd#mXi‘flj#gif]\jj‘fej,#
Zlckli\j,#Xe[#YXZb^ifle[j.
Q_\#@fdgXepxj#nfib]fiZ\#‘j#Zfdgi‘j\[#f]#k_i\\#[‘jk‘eZk#
\dgcfp\\#^iflgj;
1.# Bdgcfp\\j#\e^X^\[#‘e#j\e‘fi#dXeX^\d\ek#ifc\j#n_‘Z_#
Zfejk‘klk\j#19&#f]#k_\#nfib]fiZ\<
2.# Bdgcfp\\j#\e^X^\[#‘e#d‘[[c\#dXeX^\d\ek#ifc\j#n_‘Z_#
Zfejk‘klk\j#11&#f]#k_\#nfib]fiZ\<#Xe[
3.# Bdgcfp\\j#\e^X^\[#‘e#k‘\i#k_i\\#c\m\c#XZk‘m‘k‘\j#jlZ_#Xj#
gif[lZk‘fe,#jXc\j,#Xe[#X[d‘e‘jkiXk‘fe#kpg\#ifc\j#n_‘Z_#
Zfejk‘klk\j#70&#f]#k_\#nfib]fiZ\.
Mi‘eZ‘gc\#2;#PkilZkli\#k_\#
?fXi[#kf#X[[#mXcl\
Q_\#[‘i\Zkfij#Y\c‘\m\#k_Xk#k_\#Zfdgfj‘k‘fe,#j‘q\#Xe[#
Zfdd‘kd\ek#f]#k_\#?fXi[#n‘cc#Xccfn#‘k#kf#\]]\Zk‘m\cp#[‘jZ_Xi^\#
‘kj#i\jgfej‘Y‘c‘k‘\j#Xe[#[lk‘\j.#Qf#k_‘j#\e[,#Zlii\ekcp#"m\#f]#
k_\#j‘o#?fXi[#d\dY\ij#Xi\#‘e[\g\e[\ek#le[\i#k_\#[\"e‘k‘fe#
f]#k_\#@fleZ‘c.#Clik_\idfi\,#n_‘c\#k_\#@_X‘idXe,#Ji#T‘cc‘Xdj#
‘j#efk#Zfej‘[\i\[#‘e[\g\e[\ek#le[\i#k_\#@fleZ‘c#[\"e‘k‘fe#
Xe[#k_lj#i\Zfdd\e[Xk‘fe#2.2#‘j#efk#]fccfn\[,#k_\#?fXi[#
[f\j#efk#Y\c‘\m\#k_Xk#Ji#T‘cc‘Xdj#Y\‘e^#X#jlYjkXek‘Xc#
j_Xi\_fc[\i#_Xj#_X[#fi#n‘cc#_Xm\#Xep#X[m\ij\#‘dgXZk#fe#k_\#
Zfe[lZk#f]#JAFxj#X]]X‘ij#fi#k_\#i\gi\j\ekXk‘fe#f]#k_\#‘ek\i\jkj#
f]#fk_\i#j_Xi\_fc[\ij.#Clik_\idfi\,#k_\#ifc\j#f]#@_X‘idXe#
Xe[#@BL#Xi\#efk#\o\iZ‘j\[#Yp#k_\#jXd\#‘e[‘m‘[lXc.
>#]fidXc#?fXi[#jb‘ccj#dXki‘o#‘j#efk#gi\j\ek\[,#_fn\m\i#k_\#
>eelXc#O\gfik#ZfekX‘ej#b\p#[\kX‘cj#i\^Xi[‘e^#\XZ_#?fXi[j#
d\dY\ij#hlXc‘"ZXk‘fej,#ZXi\\i#\og\i‘\eZ\#Xe[#fk_\i#
Xggf‘ekd\ekj.
Q_\#ZfdgXep#_Xj#ef#]fidXc#gifZ\jj#]fi#\mXclXk‘e^#k_\#
g\i]fidXeZ\#f]#‘kj#?fXi[,#Zfdd‘kk\\j#Xe[#‘e[‘m‘[lXc#
A‘i\Zkfij.#>j#jlZ_,#i\Zfdd\e[Xk‘fe#1.6#‘j#efk#]fccfn\[.#
Fejk\X[#k_\#?fXi[#lj\j#i\^lcXi#‘e]fidXc#Xjj\jjd\ekj#kf#
\mXclXk\#‘kj#g\i]fidXeZ\.
Qf#]lik_\i#\ejli\#A‘i\Zkfij#ZXe#]lc"c#k_\‘i#fYc‘^Xk‘fej,#k_\#
?fXi[#_Xj#X[fgk\[#X#gfc‘Zp,#ZfekX‘e\[#‘e#k_\#ZfdgXepxj#
ZfigfiXk\#^fm\ieXeZ\#dXelXc#k_Xk#Xccfnj#[‘i\Zkfij#kf#
kXb\#‘e[\g\e[\ek#gif]\jj‘feXc#X[m‘Z\,#Xk#k_\#\og\ej\#f]#
k_\#ZfdgXep.
Q_\#‘e]fidXk‘fe#i\hl‘i\[#Yp#i\Zfdd\e[Xk‘fe#2.2#i\^Xi[‘e^#
k_\#jb‘ccj,#\og\i‘\eZ\#Xe[#\og\ik‘j\#f]#k_\#‘e[‘m‘[lXc#A‘i\Zkfij#
‘j#‘eZcl[\[#‘e#k_\#A‘i\Zkfixj#O\gfik#Xe[#‘j#efk#i\g\Xk\[#_\i\.
Q_\#?fXi[#_Xj#\jkXYc‘j_\[#X#knf#d\dY\i#O\dle\iXk‘fe#
Xe[#Kfd‘eXk‘fej#Zfdd‘kk\\#Xj#jl^^\jk\[#Yp#
i\Zfdd\e[Xk‘fe#2.1.#T_‘cjk#k_‘j#‘j#c\jj#k_Xe#k_\#k_i\\#
i\hl‘i\[#Yp#i\Zfdd\e[Xk‘fe#2.1#’#8.1,#k_\#?fXi[#Y\c‘\m\j#
X#k_i\\#d\dY\i#Zfdd‘kk\\#‘j#‘dgiXZk‘ZXc#^‘m\e#k_\#fm\iXcc#
j‘q\#f]#k_\#?fXi[.#>#]fidXc#Z_Xik\i#[f\j#efk#\o‘jk,#_fn\m\i#
Xcc#?fXi[#d\dY\ij#Xi\#Zfejlck\[#fe#k_\#Xggifgi‘Xk\e\jj#f]#
e\n#?fXi[#ZXe[‘[Xk\j#kf#\ejli\#X#[‘m\ij\#YXcXeZ\#f]#jb‘ccj,#
#*
4<;?98@!.PU#f]#Xep#j_Xi\#kiXejXZk‘fej#n‘k_‘e#
k_\#Xccfn\[#"m\#Ylj‘e\jj#[Xpj.
Q_\#?fXi[#_Xj#X[fgk\[#X#gfc‘Zp#]fi#kiX[‘e^#‘e#J\[‘ZXc#
A\m\cfgd\ekj#Fek\ieXk‘feXc#j\Zli‘k‘\j#Yp#A‘i\Zkfij#Xe[#
\dgcfp\\j.#Q_\#gligfj\#f]#k_‘j#gfc‘Zp#‘j#kf#[\"e\#k_\#
Z‘iZldjkXeZ\j#‘e#n_‘Z_#A‘i\Zkfij,#\dgcfp\\j#Xe[#Xep#
XjjfZ‘Xk\j#Xi\#g\id‘kk\[#kf#[\Xc#‘e#j\Zli‘k‘\j.#Q_\#lg[Xk\[#
gfc‘Zp#X[[i\jj\j#\XZ_#f]#k_\#>PU#i\hl‘i\d\ekj#‘eZcl[‘e^#
gifm‘j‘fej#i\cXk‘e^#kf#k_\#gif_‘Y‘k‘fe#f]#kiX[‘e^#Yp#[‘i\Zkfij#
Xe[#j\e‘fi#dXeX^\d\ek#‘e#k_\#@fdgXepxj#j\Zli‘k‘\j#[li‘e^#
[\"e\[#g\i‘f[j.
Mi‘eZ‘gc\#4;#PX]\^lXi[#
‘ek\^i‘kp#‘e#]‘eXeZ‘Xc#
i\gfik‘e^
Q_\#?fXi[#_Xj#\ejli\[#k_\i\#‘j#X#jkilZkli\#‘e#gcXZ\#kf#
‘e[\g\e[\ekcp#m\i‘]p#Xe[#jX]\^lXi[#k_\#‘ek\^i‘kp#f]#k_\#
ZfdgXepxj#"eXeZ‘Xc#i\gfik‘e^.
Q_\#?fXi[#_Xj#\jkXYc‘j_\[#Xe#>l[‘k#Xe[#O‘jb#@fdd‘kk\\#
Zfdgi‘j\[#f]#knf#efe-\o\Zlk‘m\#A‘i\Zkfij.#T_‘c\#k_‘j#‘j#c\jj#
k_Xe#k_\#k_i\\#i\hl‘i\[#Yp#i\Zfdd\e[Xk‘fe#4.2#’#7.1,#k_\#
?fXi[#Y\c‘\m\j#X#k_i\\#d\dY\i#Zfdd‘kk\\#‘j#‘dgiXZk‘ZXc#
^‘m\e#k_\#fm\iXcc#j‘q\#f]#k_\#?fXi[#Xe[#k_Xk#k_\#Zlii\ek#
Zfdgfj‘k‘fe#f]#k_\#Zfdd‘kk\\#Xccfnj#‘k#kf#[‘jZ_Xi^\#‘kj#
dXe[Xk\#\]]\Zk‘m\cp.#Q_\#@fdd‘kk\\xj#@_Xik\i#‘j#ZfekX‘e\[#
n‘k_‘e#k_\#ZfdgXepxj#@figfiXk\#Dfm\ieXeZ\#dXelXc#Xe[#
Xcjf#‘eZcl[\[#fe#k_\#ZfdgXepxj#n\Yj‘k\.
Mi‘eZ‘gc\#5;#JXb\#k‘d\cp#
Xe[#YXcXeZ\[#[‘jZcfjli\j
Q_\#ZfdgXep#_Xj#glk#‘e#gcXZ\#d\Z_Xe‘jdj#[\j‘^e\[#
kf#\ejli\#Zfdgc‘XeZ\#n‘k_#k_\#>PU#I‘jk‘e^#ilc\j#Xe[#
@figfiXk‘fej#>Zk#i\hl‘i\d\ekj#i\^Xi[‘e^#Zfek‘elflj#
[‘jZcfjli\.#Q_\#@figfiXk\#Dfm\ieXeZ\#JXelXc#[\kX‘cj#k_\#
ZfdgXep#gfc‘Zp#Xe[#Xcc#dXeX^\d\ek#jkX]]#Xi\#dX[\#XnXi\#
f]#‘k.#Q_\#ZfdgXep#‘j#Zfdd‘kk\[#kf#\ejli‘e^#Xcc#dXib\k#
gXik‘Z‘gXekj#_Xm\#\hlXc#XZZ\jj#kf#‘e]fidXk‘fe#Xe[#jf#
lg[Xk\j#Xe[#gi\j\ekXk‘fej#Zfek‘el\#kf#Y\#gifm‘[\[#kf#k_\#
>PU#Xe[#gfjk\[#fe#k_\#ZfdgXep#n\Yj‘k\.#F]#X#gi\j\ekXk‘fe#
ZfekX‘ej#‘e]fidXk‘fe#k_Xk#‘j#efk#glYc‘Z#Xe[#dXp#_Xm\#X#
dXk\i‘Xc#\]]\Zk#fe#k_\#j_Xi\#gi‘Z\,#k_\#dXk\i‘Xc#‘j#j\ek#kf#k_\#
>PU#gi‘fi#kf#k_\#gi\j\ekXk‘fe#Y\‘e^#dX[\.
Mi‘eZ‘gc\#6;#O\jg\Zk#k_\#
i‘^_kj#f]#j_Xi\_fc[\ij
>#]fidXc#[fZld\ek\[#‘em\jkfi#i\cXk‘fej#gif^iXd#[f\j#efk#
\o‘jk.#Efn\m\i#k_\#@BL#_fc[j#i\^lcXi#‘em\jkfi#ifX[j_fnj#
Xe[#‘e]fidXk‘fe#gi\j\ek\[#Xk#jlZ_#ifX[j_fnj#‘j#Xcjf#
i\c\Xj\[#kf#k_\#dXib\k.#Clik_\idfi\,#Yfk_#k_\#@_X‘idXe#Xe[#
@BL#dXb\#k_\dj\cm\j#XmX‘cXYc\#kf#kXb\#ZXccj#[‘i\Zkcp#]ifd#
‘em\jkfij#Xe[#k_\‘i#ZfekXZk#[\kX‘cj#Xi\#gifm‘[\[#n‘k_‘e#\XZ_#
>PU#XeefleZ\d\ek.#
Q_\#?fXi[#f]#A‘i\Zkfij#_Xj#X[fgk\[#X#gfc‘Zp#kf#\ejli\#
k_Xk#j_Xi\_fc[\ij#Xi\#‘e]fid\[#f]#Xcc#dXafi#[\m\cfgd\ekj#
X]]\Zk‘e^#JAF#‘e#X#k‘d\cp#dXee\i.#Fe#XZZfi[XeZ\#n‘k_#k_‘j#
gfc‘Zp,#‘e]fidXk‘fe#‘j#Zfddle‘ZXk\[#‘e#X#mXi‘\kp#f]#nXpj#
‘eZcl[‘e^;
{#
{#
#>#_Xc]-p\Xicp#i\gfik#ZfekX‘e‘e^#jlddXi‘j\[#"eXeZ‘Xc#
‘e]fidXk‘fe#Xe[#X#i\m‘\n#f]#fg\iXk‘fej
#>e#XeelXc#i\gfik#n‘k_#[\kX‘c\[#"eXeZ‘Xc#‘e]fidXk‘fe#Xe[#
i\m‘\n#f]#k_\#fg\iXk‘fej#f]#k_\#ZfdgXep#Xe[#]lkli\#
flkcffb
{# Rg[Xk\j#fe#fg\iXk‘fej#Xe[#[\m\cfgd\ekj#cf[^\[#n‘k_#
k_\#>PU
{#
#>#Zfdgi\_\ej‘m\#n\Yj‘k\#ZXiip‘e^#k_\#cXk\jk#e\nj#Xe[#
ZfekX‘e‘e^#Xe#‘em\jkfi#i\cXk‘fej#j\Zk‘fe#n_‘Z_#‘eZcl[\j#
+BBH8@!0?B8B9?8@!6PU#i\c\Xj\j.
A‘m\ij‘kp
JSM#_Xj#]leZk‘feXc‘kp#n‘k_‘e#‘kj#\o‘jk‘e^#n\Yj‘k\#kf#Zfcc\Zk#
‘em\jkfi#\dX‘c#X[[i\jj\j#kf#k_\e#_Xm\#k_fj\#‘eZcl[\[#fe#
X#b\p#ZfdgXep#XeefleZ\d\ek#\dX‘c#[‘jki‘Ylk‘fe#c‘jk.#Q_\#
n\Yj‘k\#Xcjf#ZfekX‘ej#X#[\kX‘c\[#w@fekXZk#Rjx#gX^\#n_‘Z_#
\eXYc\j#‘em\jkfij#kf#ZfekXZk#JSM#m‘X#X#eldY\i#f]#[‘]]\i\ek#
d\[‘ldj.#P\Zli‘kp#_fc[\ij#Xcjf#_Xm\#k_\#fgk‘fe#kf#i\Z\‘m\#
Xe[#Zfddle‘ZXk\#n‘k_#JSM#\c\Zkife‘ZXccp#m‘X#k_\#j\Zli‘kp#
i\^‘jkip#(Zlii\ekcp#@fdglk\ij_Xi\).#
Q_\#\ok\ieXc#Xl[‘kfi#‘j#i\hl‘i\[#kf#Xkk\e[#k_\#>eelXc#D\e\iXc#
J\\k‘e^#Xe[#‘j#XmX‘cXYc\#kf#Xejn\i#hl\jk‘fej.#Clik_\idfi\,#
k_\#ZfdgXep#\eZfliX^\j#j_Xi\_fc[\ij#kf#Xkk\e[#k_\#>eelXc#
D\e\iXc#J\\k‘e^#Xe[#Xjb#hl\jk‘fej.#
Mi‘eZ‘gc\#7;#O\Zf^e‘j\#
Xe[#dXeX^\#i‘jb
Q_\#dXeX^\d\ek#f]#i‘jb#‘j#Zfej‘[\i\[#Yp#k_\#>l[‘k#Xe[#O‘jb#
@fdd‘kk\\.#Q_\#?fXi[#[\k\id‘e\j#n_\k_\i#dXeX^\d\ek#
_Xj#[\m\cfg\[#Xe[#‘dgc\d\ek\[#X#jfle[#jpjk\d#f]#i‘jb#
dXeX^\d\ek#Xe[#‘ek\ieXc#Zfekifc#Xe[#k_‘j#i\m‘\n#_Xj#X^X‘e#
kXb\e#gcXZ\#‘e#CV16.
Q_\#@_‘\]#Bo\Zlk‘m\#L]"Z\i#Xe[#Diflg#C‘eXeZ‘Xc#@fekifcc\i#
jkXk\#kf#k_\#?fXi[#‘e#ni‘k‘e^#k_Xk#k_\i\#‘j#X#jfle[#jpjk\d#f]#
i‘jb#dXeX^\d\ek#Xe[#‘ek\ieXc#Zfdgc‘XeZ\#Xe[#Zfekifc#n‘k_‘e#
k_\#ZfdgXep#Xe[#k_Xk#k_‘j#jpjk\d#fg\iXk\j#\]]\Zk‘m\cp#‘e#
\ejli‘e^#k_Xk#"eXeZ‘Xc#i\gfik‘e^#i‘jbj#Xi\#dXeX^\[#jlZ_#k_Xk#
k_\#[\ZcXiXk‘fe#i\hl‘i\[#Yp#j.295>#f]#k_\#@figfiXk‘fej#>Zk#
ZXe#Y\#gifm‘[\[.
Q_\#@fdgXep#[f\j#efk#_Xm\#‘kj#fne#‘ek\ieXc#Xl[‘k#]leZk‘fe#
Xj#‘k#‘j#Zfej‘[\i\[#‘dgiXZk‘ZXc#]fi#X#ZfdgXep#k_\#j‘q\#f]#
JSM#kf#_Xm\#fe\.#Fejk\X[#i‘jb#dXeX^\d\ek#Xe[#‘ek\ieXc#
Zfekifc#dXkk\ij#Xi\#X[[i\jj\[#Xj#gXik#f]#k_\#>l[‘k#Xe[#O‘jb#
@fdd‘kk\\#@_Xik\i.
Mi‘eZ‘gc\#8;#O\dle\iXk\#
]X‘icp#Xe[#i\jgfej‘Ycp
Q_\#?fXi[#_Xj#\jkXYc‘j_\[#X#O\dle\iXk‘fe#Zfdd‘kk\\#kf#
\ejli\#A‘i\Zkfij,#\o\Zlk‘m\j#Xe[#jkX]]#Xi\#i\dle\iXk\[#
Xggifgi‘Xk\cp.#Q_\#Zfdd‘kk\\#i\m‘\nj#i\dle\iXk‘fe#
gXZbX^\j#Xk#c\Xjk#XeelXccp#‘e#k_\#c‘^_k#f]#dXib\k#Zfe[‘k‘fej,#
g\i]fidXeZ\#f]#k_\#‘e[‘m‘[lXc#Xe[#k_\#g\i]fidXeZ\#f]#k_\#
ZfdgXep.#Q_\#O\dle\iXk‘fe#i\gfik#ZfekX‘e\[#n‘k_‘e#k_\#
A‘i\Zkfixj#O\gfik#‘eZcl[\j#Zfej‘[\iXYc\#[\kX‘c#fe#k_\#Zlii\ek#
i\dle\iXk‘fe#f]#[‘i\Zkfij#Xe[#\o\Zlk‘m\j#‘eZcl[‘e^#_fn#
g\i]fidXeZ\#Zfe[‘k‘fej#]fi#g\i]fidXeZ\#i\cXk\[#gXpd\ekj#
Xi\#Z_fj\e#Xe[#Xjj\jj\[.
Q_\#@fdgXep#_Xj#\jkXYc‘j_\[#X#gfc‘Zp#ZfeZ\ie‘e^#[‘m\ij‘kp#
n_‘Z_#‘j#XmX‘cXYc\#fe#‘kj#n\Yj‘k\.#Q_\#gfc‘Zp#flkc‘e\j#k_\#
@fdgXepxj#Zfdd‘kd\ek#kf#[‘m\ij‘kp,#n_‘Z_#‘j#le[\ig‘ee\[#
Yp#k_\#]fccfn‘e^#b\p#gi‘eZ‘gc\j;
{#
{#
{#
#>kkiXZk‘e^,#\e^X^‘e^#Xe[#i\kX‘e‘e^#X#kXc\ek\[#Xe[#[‘m\ij\#
nfib]fiZ\<
#O\Zf^e‘j‘e^#k_\#e\\[#]fi#nfibgcXZ\#!\o‘Y‘c‘kp#kf#jlggfik#
k_\#ifc\#\dgcfp\\j#Xk#Xcc#c\m\cj#_Xm\#flkj‘[\#f]#k_\#
nfibgcXZ\<
#Fdgifm‘e^#k_\#hlXc‘kp#f]#[\Z‘j‘fe-dXb‘e^,#Zi\Xk‘m‘kp,#
gif[lZk‘m‘kp#Xe[#k\Xdnfib<
{# Be_XeZ‘e^#j\im‘Z\#[\c‘m\ip#k_ifl^_#X#nfib]fiZ\#k_Xk#
i\jg\Zkj#Xe[#i\!\Zkj#k_\#[‘m\ij‘kp#f]#fli#Zljkfd\ij<
{#
{#
#?l‘c[‘e^#Xe[#dX‘ekX‘e‘e^#X#jX]\#nfib#\em‘ifed\ek#Yp#
kXb‘e^#XZk‘fe#X^X‘ejk#‘eXggifgi‘Xk\#Y\_Xm‘fli#(‘eZcl[‘e^#
[‘jZi‘d‘eXk‘fe,#_XiXjjd\ek,#Ylccp‘e^,#m‘Zk‘d‘jXk‘fe#Xe[#
m‘c‘"ZXk‘fe)<#Xe[#
#CXZ‘c‘kXk‘e^#\hlXc#\dgcfpd\ek#fggfikle‘k‘\j#Yp#
Zfej‘[\i‘e^#X#YifX[#Xe[#[‘m\ij\#kXc\ek#gffc#Xe[#
dXb‘e^#[\Z‘j‘fej#YXj\[#fe#d\i‘k,#XY‘c‘kp,#g\i]fidXeZ\#
Xe[#gfk\ek‘Xc.
Q_\#@fdgXepxj#A‘m\ij‘kp#Mfc‘Zp#flkc‘e\j#k_\#]fccfn‘e^#b\p#
Xi\Xj#f]#]fZlj;
{#
{#
{#
{#
#@fe[lZk‘e^#i\Zil‘kd\ek#‘e#X#jkilZkli\[#dXee\i#
Zfej‘jk\ek#n‘k_#BhlXc#Bdgcfpd\ek#Lggfikle‘kp#gi‘eZ‘gc\j#
Xe[#k_\#fYa\Zk‘m\j#f]#k_‘j#gfc‘Zp<
#Re[\ikXb‘e^#jkilZkli\[#kXc\ek#dXeX^\d\ek#Xe[#
jlZZ\jj‘fe#gcXee‘e^#i\m‘\nj<
#Re[\ikXb‘e^#kXi^\k\[#[‘m\ij‘kp,#Zlckli\#Xe[#\e^X^\d\ek#
‘e‘k‘Xk‘m\j<
#BjkXYc‘j_‘e^#Xe[#i\m‘\n‘e^#Xggifgi‘Xk\#Xe[#Xc‘^e\[#
_ldXe#i\jfliZ\#gfc‘Z‘\j#Xe[#gifZ\[li\j<#Xe[
{# @fej‘jk\ek#d\jjX^‘e^#‘e#‘ek\ieXc#Zfddle‘ZXk‘fe.
9‘‘gS^#dWbadf[‘Y#a‘#fZW#Zk#2001,#
k_\#[‘i\Zkfij#i\gfik#Xj#]fccfnj;
Fe]fidXk‘fe#XYflk#k_\#
A‘i\Zkfij
Q_\#eXd\j#Xe[#gXik‘ZlcXij#f]#k_\#[‘i\Zkfij#f]#k_\#ZfdgXep#
[li‘e^#fi#j‘eZ\#k_\#\e[#f]#k_\#"eXeZ‘Xc#p\Xi#Xi\;
Fd#=#C#P[^^[S_e*#;,>U#’Aa‘e(*#F,>U*#?9B<=
Ga‘+>jWUgf[hW#jWUgf[hW#=[dWUfad#’e[‘UW#05#HUfaTWd#0..1(
Ji#JZ@Xccld#_Xj#fm\i#15#p\Xijx#glYc‘Z#ZfdgXe‘\j#
\og\i‘\eZ\#‘eZcl[‘e^#Xe#>PU#50#ZfdgXep#Xe[#_Xj#j\im\[#
fe#eld\iflj#Zfdd‘kk\\j#‘eZcl[‘e^;#>l[‘k,#O\dle\iXk‘fe#
’#Kfd‘eXk‘fe,#Xe[#Xj#Xe#Fe[\g\e[\ek#A‘i\Zkfi#fe#O\cXk\[#
MXik‘\j#(Dfm\ieXeZ\)#@fdd‘kk\\j.#Ji#JZ@Xccld#‘j#X#
d\dY\i#f]#k_\#O\dle\iXk‘fe#Xe[#Kfd‘eXk‘fej#@fdd‘kk\\.#
E\#‘j#Xcjf#@_X‘idXe#f]#QXjjXc#Diflg#Ik[.
=d#A#?#HjWd*#9F*#9LF*#DLfC
F9#’Aa‘e(*#F;,;jWUgf[hW#=[dWUfad#’e[‘UW#06#=WUW_TWd#0..4(
Ai#Lo\i#‘j#X#J\[‘ZXc#@fejlckXek#kf#JAF#Xe[#Pk#Gf_e#
>dYlcXeZ\#‘e#T\jk\ie#>ljkiXc‘X.#Ai#Lo\i#nXj#X#cfe^-k‘d\#
d\dY\i#f]#k_\#PkXk\#Bo\Zlk‘m\#]fi#Pk#Gf_e#>dYlcXeZ\#
(T>)#lek‘c#_‘j#i\k‘i\d\ek#‘e#ifkXk‘fe#‘e#2012,#Xe[#nXj#k_\#
gi\m‘flj#J\[‘ZXc#A‘i\Zkfi#]fi#kn\ekp-j‘o#p\Xij.#E\#_Xj#
kXl^_k,#c\Zkli\[#Xe[#glYc‘j_\[#\ok\ej‘m\cp#fm\i#k_\#p\Xij,#
Yfk_#eXk‘feXccp#Xe[#‘ek\ieXk‘feXccp.#Ai#Lo\i#‘j#Xcjf#X#gXjk#
@_X‘idXe#f]#k_\#>ljkiXc‘Xe#O\jljZ‘kXk‘fe#@fleZ‘c#Xe[#_Xj#
X#dXafi#‘ek\i\jk#‘e#i\jljZ‘kXk‘fe,#fop^\e#k_\iXgp#Xe[#gX‘e#
i\c‘\].
Fd#K#F#CaZ‘efa‘
Ga‘+>jWUgf[hW#=[dWUfad#’e[‘UW#3#GahW_TWd#0./0(
Ji#Gf_ejkfe#‘j#X#efe-\o\Zlk‘m\#[‘i\Zkfi#f]#Be\if#Diflg#
I‘d‘k\[,#Mfcpefmf#I‘d‘k\[#Xe[#@_X‘idXe#f]#MifY‘fk\Z#
I‘d‘k\[.#Cfi#11#p\Xij#_\#nXj#Mi\j‘[\ek#Xe[#@_‘\]#Bo\Zlk‘m\#
L]"Z\i#f]#Gf_ejfe#’#Gf_ejfe#MXZ‘"Z#Xe[#Xe#Bo\Zlk‘m\#
A‘i\Zkfi#f]#Gf_ejfe#’#Gf_ejfe.#Ji#Gf_ejfe#_Xj#Xcjf#_\c[#
j\m\iXc#gifd‘e\ek#‘e[ljkip#ifc\j#Xj#X#gXjk#Mi\j‘[\ek#f]#
>@@LOA#>ljkiXcXj‘X#I‘d‘k\[,#X#]fid\i#S‘Z\#@_X‘idXe#f]#k_\#
>ljkiXc‘Xe#Cff[#Xe[#DifZ\ip#@fleZ‘c#Xe[#X#]fid\i#d\dY\i#
f]#k_\#YfXi[#f]#>PJF.#Ji#Gf_ejfe#_Xj#_X[#\ok\ej‘m\#
fm\ij\Xj#\og\i‘\eZ\#[li‘e^#_‘j#ZXi\\i#‘e#c\X[‘e^#Ylj‘e\jj\j#
‘e#T\jk\ie#Xe[#@\ekiXc-BXjk\ie#Blifg\,#>]i‘ZX#Xj#n\cc#Xj#
>j‘X-MXZ‘"Z.#Ji#Gf_ejkfe#‘j#Xcjf#X#d\dY\i#f]#k_\#JAF#>l[‘k#
’#O‘jb#@fdd‘kk\\.
Fd#E#AaSdW
Ga‘+>jWUgf[hW#=[dWUfad#’e[‘UW#05#LWbfW_TWd#0./1(
Ji#EfXi\#‘j#k_\#JXeX^‘e^#A‘i\Zkfi#f]#If_dXee#’#
OXljZ_\i#(>ljkiXc‘X#Xe[#K\n#W\XcXe[),#X#gi‘mXk\cp#fne\[,#
dlck‘eXk‘feXc#d\[‘ZXc#[\m‘Z\#ZfdgXep.#Mi\m‘fljcp,#Ji#
EfXi\#nXj#JXeX^‘e^#A‘i\Zkfi#f]#Pd‘k_#’#K\g_\n#(>lj/
KW)#lek‘c#k_\#\e[#f]#2015,#fe\#f]#Pd‘k_#Xe[#K\g_\nxj#
cXi^\jk#^cfYXc#jlYj‘[‘Xi‘\j#flkj‘[\#k_\#RP>.#E\#j\im\[#
Xj#Mi\j‘[\ek#f]#Pd‘k_#’#K\g_\nxj#>j‘X#MXZ‘"Z#>[mXeZ\[#
Tfle[#JXeX^\d\ek#(>TJ)#Ylj‘e\jj#]fi#5#p\Xij#Xe[#nXj#X#
d\dY\i#f]#k_\#DcfYXc#Bo\Zlk‘m\#JXeX^\d\ek#]fi#k_\#>TJ#
A‘m‘j‘fe.#Fe#_‘j#24#p\Xij#n‘k_#Pd‘k_#’#K\g_\n,#_\#Xcjf#_\c[#
ifc\j#‘e#JXib\k‘e^,#A‘m‘j‘feXc#Xe[#D\e\iXc#JXeX^\d\ek.#Ji#
EfXi\xj#ZXi\\i#Xcjf#‘eZcl[\[#X#j\e‘fi#ifc\#Xk#?i‘jkfc-Jp\ij#
+BBH8@!0?B8B9?8@!6ljkiXc‘Xxj#
g\Xb#d\[‘ZXc#[\m‘Z\#Yf[p,#J\[‘ZXc#Q\Z_efcf^p#>jjfZ‘Xk‘fe#
f]#>ljkiXc‘X.#I\fe#‘j#Xcjf#X#Kfe-\o\Zlk‘m\#A‘i\Zkfi#f]#
MfcpKfmf#I‘d‘k\[#(>PU;#MKS).
Fd#I#C#IaiW^^*#;,jWUgf[hW#=[dWUfad#’e[‘UW#/5#=WUW_TWd#0./2(
Ji#Mfn\cc,#X#@_Xik\i\[#>ZZflekXek,#_Xj#Xe#\ok\ej‘m\#
"eXeZ\#YXZb^ifle[#Xe[#Zfdd\eZ\[#nfib‘e^#‘e#‘em\jkd\ek#
YXeb‘e^#‘e#1996#Xk#EXdYifj#@figfiXk\#C‘eXeZ\#]fccfn‘e^#
k\e#p\Xij#‘e[ljkip#\og\i‘\eZ\#‘e#j\e‘fi#"eXeZ\#ifc\j#n‘k_#
>PU#c‘jk\[#glYc‘Z#ZfdgXep#L>JMP#I‘d‘k\[.#Mi‘fi#kf#k_\j\#
ifc\j,#_\#nfib\[#]fi#k\e#p\Xij#n‘k_‘e#k_\#>jjliXeZ\#A‘m‘j‘fe#
Xk#>ik_li#>e[\ij\e#’#@f.
Cifd#GXelXip#2006#kf#Glcp#2013#_\#nXj#Xe#Bo\Zlk‘m\#
A‘i\Zkfi#Xk#@figfiXk\#C‘eXeZ\#>[m‘jfip#"id#H‘[[\i#T‘cc‘Xdj.#
M_‘c‘g#‘j#Xcjf#X#Kfe-\o\Zlk‘m\#A‘i\Zkfi#f]#MfcpKfmf#I‘d‘k\[#
(>PU;#MKS).
M_‘c‘g#‘j#@_X‘idXe#f]#JAFxj#>l[‘k#Xe[#O‘jb#@fdd‘kk\\.
Q_\#XYfm\#eXd\[#[‘i\Zkfij#_\c[#f]"Z\#[li‘e^#Xe[#j‘eZ\#k_\#
\e[#f]#k_\#"eXeZ‘Xc#p\Xi.#
A‘i\Zkfij_‘gj#f]#fk_\i#
c‘jk\[#ZfdgXe‘\j
A‘i\Zkfij_‘gj#f]#fk_\i#c‘jk\[#ZfdgXe‘\j#_\c[#Yp#k_\#[‘i\Zkfij#
‘e#k_\#3#p\Xij#‘dd\[‘Xk\cp#Y\]fi\#k_\#\e[#f]#k_\#"eXeZ‘Xc#
p\Xi#Xi\#Xj#]fccfnj;
GS_W
^i\\d\ek#n‘k_#Jle[‘g_XidX#]fi#
M\ek_ifo(cid:129)#‘e#Blifg\.#Jle[‘g_XidX#‘j#fe\#f]#k_\#nfic[xj#
c\X[‘e^#g_XidX#ZfdgXe‘\j#jg\Z‘Xc‘j‘e^#‘e#gX‘e#Xe[#_Xj#
k_\#\oZclj‘m\#i‘^_kj#]fi#M\ek_ifo(cid:129)#‘e#39#Blifg\Xe#dXib\kj#
‘eZcl[‘e^#CiXeZ\,#D\idXep,#FkXcp#Xe[#PgX‘e.#
M\ek_ifo(cid:129)#_Xj#Y\\e#Xggifm\[#]fi#jXc\#‘e#CiXeZ\#Xe[#
?\c^‘ld#Xe[#JAF#_Xj#‘kj#"ijk#fi[\i#Xe[#n‘cc#[\c‘m\i#‘kj#"ijk#
j_‘gd\ek#f]#M\ek_ifo(cid:129)#‘ekf#k_fj\#dXib\kj#[li‘e^#N1#CV17.#
Fe#X[[‘k‘fe#Jle[‘g_XidX#_Xj#gX‘[#Xggifo‘dXk\cp#%14#d‘cc‘fe#
‘e#lg]ifek#Xe[#d‘c\jkfe\#gXpd\ekj#kf#[Xk\.#JAF#\og\Zk#
]lik_\i#d‘c\jkfe\#gXpd\ekj#kf#Y\#XZ_‘\m\[#[li‘e^#CV17.
=Sh[V#P[^^[S_e
Mfcpefmf#I‘d‘k\[#
(@_X‘idXe)
P‘eZ\#13#JXiZ_#
2014
FAQ#>ljkiXc‘X#I‘d‘k\[
Rek‘c#19#JXp#2015
9^^S‘#FUgi‘c#2010
FSj#CaZ‘efa‘
Be\if#Diflg#I‘d‘k\[
P‘eZ\#JXiZ_#2011
Mfcpefmf#I‘d‘k\[
P‘eZ\#13#JXp#2014
IZ[^[b#IaiW^^
Mfcpefmf#I‘d‘k\[
P‘eZ\#13#JXp#2014
EWa‘#AaSdW
Mfcpefmf#I‘d‘k\[
P‘eZ\#27#GXelXip#
2016
.#Ji#B[nXi[j#‘j#Xcjf#k_\#Diflg#
C‘eXeZ‘Xc#@fekifcc\i#f]#k_\#ZfdgXep.
Id[‘U[bS^#9Uf[h[f[We
Q_\#ZfdgXepxj#gi‘eZ‘gXc#XZk‘m‘k‘\j#[li‘e^#k_\#Zflij\#f]#k_\#
"eXeZ‘Xc#p\Xi#n\i\#k_\#dXel]XZkli\
Fe#k_\#RP>#n\#_Xm\#X#[‘Xcf^l\#n‘k_#k_\#Cff[#’#Ail^#
>[d‘e‘jkiXk‘fe#(CA>)#XYflk#n_Xk#‘j#i\hl‘i\[#kf#^\k#M\ek_ifo(cid:129)#
Xggifm\[#]fi#jXc\.#JAF#Xe[#‘kj#X[m‘jfij#Xi\#nfib‘e^#k_ifl^_#
k_\#gif^iXd#f]#nfib#i\hl‘i\[#Xe[#n\#Xi\#Zfe"[\ek#n\#n‘cc#
jXk‘j]p#Xcc#f]#k_\#CA>xj#i\hl‘i\d\ekj.
Bcj\n_\i\#‘e#k_\#nfic[,#fli#O\^lcXkfip#Afjj‘\i,#lj\[#‘e#k_\#
Re‘k\[#H‘e^[fd,#CiXeZ\,#?\c^‘ld#Xe[#Fi\cXe[#_Xj#Xci\X[p#
Y\\e#jlYd‘kk\[#fi#‘j#‘e#k_\#gifZ\jj#f]#Y\‘e^#jlYd‘kk\[#kf#
i\^lcXkfip#X^\eZ‘\j#‘e#PXl[‘#>iXY‘X,#FjiX\c,#J\o‘Zf,#Efe^#
Hfe^,#JXcXpj‘X,#QX‘nXe#Xe[#FiXe.#
Fek\ieXk‘feXc#jXc\j#YdWi#/25%#dX‘ecp#Y\ZXlj\#f]#k_\#
jlZZ\jj]lc#cXleZ_#f]#M\ek_ifo(cid:129)#‘e#k_\#RH#Xe[#Fi\cXe[,#n_\i\#
n\#[\c‘m\i\[#fli#"ijk#jXc\j#kf#fli#gXike\i#DXc\e#I‘d‘k\[.#
$$
4<;?98@!.ljkiXc‘X#g\i]fid\[#jkife^cp.#
PXc\j#kf#Efjg‘kXcj#Xe[#D\e\iXc#MiXZk‘k‘fe\ij#^i\n#30[#
fli#>dYlcXeZ\#Ylj‘e\jj#YdWi#1%.#PXc\j#]fi#fli#A\ekXc#
Ylj‘e\jj#YdWi#/3%.
>]k\i#i\Z\‘m‘e^#XggifmXc#kf#j\cc#M\ek_ifo(cid:129)#‘e#P‘e^Xgfi\#‘e#
P\gk\dY\i#2015,#JAF#dX[\#‘kj#"ijk#jXc\j#‘ekf#k_Xk#dXib\k##
‘e#CV16.#
PXc\j#‘e#k_\#J‘[[c\#BXjk#YdWi#1/%#[i‘m\e#Yp#k_\#j‘^e‘e^#f]#
e\n#[‘jki‘Ylk‘fe#XiiXe^\d\ekj.#PXc\j#kf#Pflk_#>]i‘ZX#YdWi#
/35%,
JAF#i\Zfi[\[#%1.1d#Xj#i\m\el\#]ifd#k_\#Xdfik‘jXk‘fe#f]#
lg]ifek#Xe[#d‘c\jkfe\#gXpd\ekj#i\Z\‘m\[#Xj#Xk#30#Gle\#
2016.#Fe#c‘e\#n‘k_#XZZflek‘e^#giXZk‘Z\j#k_\j\#i\Z\‘gkj#Xi\#
i\hl‘i\[#kf#Y\#Xdfik‘j\[#fm\i#k_\#ZfekiXZk#k\id.
GWi#_Sd]Wfe
?dS‘UW#S‘V#;W^Y[g_
JAF#‘j#nfib‘e^#n‘k_#fli#Blifg\Xe#gXike\i#Jle[‘g_XidX#
‘e#i\cXk‘fe#kf#k_\#lgZfd‘e^#Blifg\Xe#cXleZ_#f]#M\ek_ifo(cid:129)#
‘e#CiXeZ\#Xe[#?\c^‘ld.#T\#\og\Zk#j‘^e‘"ZXek#jXc\j#[li‘e^#
E1CV17.
KWef#aX#>gdabW
Ali‘e^#CV17#JAF#Xe[#Jle[‘g_XidX#\og\Zk#kf#jlYd‘k#Xe[#
fYkX‘e#XggifmXc,#m‘X#k_\#A\Z\ekiXc‘j\[#MifZ\[li\#kf#j\cc#
M\ek_ifo(cid:129)#‘e#k_\#i\jk#f]#k_\#Blifg\Xe#Re‘fe.
FWj[Ua
Ali‘e^#CV16#JAF#jlYd‘kk\[#fli#O\^lcXkfip#>ggc‘ZXk‘fe#Xe[#
d\k#n‘k_#k_\#J\o‘ZXe#i\^lcXkfip#Xlk_fi‘k‘\j.#C\\[YXZb#kf#
[Xk\#_Xj#Y\\e#gfj‘k‘m\#Xe[#n\#Xi\#_fg\]lc#M\ek_ifo(cid:129)#n‘cc#Y\#
Xggifm\[#[li‘e^#CV17.#
BdS‘
>]k\i#dXep#p\Xij#k_\#FiXe‘Xe#J‘e‘jkip#f]#E\Xck_#i\hl\jk\[#
kf#d\\k#n‘k_#JAF#i\^Xi[‘e^#‘kj#O\^lcXkfip#>ggc‘ZXk‘fe.#JAF#
Xkk\e[\[#X#d\\k‘e^#‘e#Q\_iXe#[li‘e^#C\YilXip#2016.#Q_\#
]\\[YXZb#]ifd#k_\#Xlk_fi‘k‘\j#_Xj#Y\\e#gfj‘k‘m\#Xe[#n\#Xi\#
_fg\]lc#n\#n‘cc#i\Z\‘m\#XggifmXc#kf#j\cc#M\ek_ifo(cid:129)#‘e#FiXe#
[li‘e^#CV17.#
LSgV[#9dST[S
JAF#jlYd‘kk\[#‘kj#O\^lcXkfip#>ggc‘ZXk‘fe#kf#k_\#PXl[‘#Cff[#
’#Ail^#>[d‘e‘jkiXk‘fe#[li‘e^#CV16.#Q_\#[fjj‘\i#‘j#^f‘e^#
k_ifl^_#k_\#mXc‘[Xk‘fe#gifZ\jj.#JAF#‘j#_fg\]lc#M\ek_ifo(cid:129)#n‘cc#
Y\#Xggifm\[#]fi#jXc\#‘e#PXl[‘#>iXY‘X#[li‘e^#CV17.#
BdSc#S‘V#CadVS‘#
JAF#jlYd‘kk\[#‘kj#O\^lcXkfip#>ggc‘ZXk‘fe#kf#k_\#i\^lcXkfip#
Xlk_fi‘k‘\j#[li‘e^#CV16.#JAF#‘j#_fg\]lc#M\ek_ifo(cid:129)#n‘cc#Y\#
Xggifm\[#]fi#jXc\#[li‘e^#CV17.#
Kgee[S
JAFxj#gXike\i#jlYd‘kk\[#‘kj#O\^lcXkfip#>ggc‘ZXk‘fe#kf#k_\#
i\^lcXkfip#Xlk_fi‘k‘\j#[li‘e^#CV15.#Mfc‘k‘ZXc#lei\jk#_Xj#
[\cXp\[#‘kj#gif^i\jj.
MS[iS‘
JAFxj#gXike\i#jlYd‘kk\[#‘kj#O\^lcXkfip#>ggc‘ZXk‘fe#kf#k_\#
i\^lcXkfip#Xlk_fi‘k‘\j#[li‘e^#CV16.#JAF#‘j#_fg\]lc#M\ek_ifo(cid:129)#
n‘cc#Y\#Xggifm\[#]fi#jXc\#[li‘e^#CV17.#
HfZWd
JAF#_Xj#Zfdd\eZ\[#nfib#kf#^\k#M\ek_ifo(cid:129)#Xggifm\[#]fi#
jXc\#‘e#k_\#RP>,#@XeX[X#Xe[#Hfi\X.
<^[‘[US^#=WhW^ab_W‘fe
JAF#Zfek‘el\j#kf#‘em\jk#j‘^e‘"ZXekcp#‘e#[\m\cfg‘e^#‘kj#Zc‘e‘ZXc#
[XkX#kf#jlggfik#k_\#lj\#f]#M\ek_ifo(cid:129).#Ali‘e^#k_\#p\Xi#n\#
gif^i\jj\[/Zfdgc\k\[#Xe[#glYc‘j_\[#X#eldY\i#f]#‘dgfikXek#
jkl[‘\j#‘eZcl[‘e^;
1.# B]]\Zkj#f]#M\ek_ifo(cid:129)#fe#MjpZ_fdfkfi#CleZk‘fe#‘e#
EldXej;#>#OXe[fd‘j\[#McXZ\Yf#Qi‘Xc
2.# A\i‘mXk‘fe#f]#Xe#fZZlgXk‘feXc#\ogfjli\#c‘d‘k#]fi#Xe#
‘e_XcXk‘fe#XeXc^\j‘Z#d\k_fop!liXe\#(M\ek_ifo(cid:129))
3.# B]]\Zkj#f]#M\ek_ifo(cid:129)#(d\k_fop!liXe\)#Xj#Xe#XeXc^\j‘Z#
fe#ZXi[‘fmXjZlcXi#Xe[#i\jg‘iXkfip#]leZk‘fej#‘e#k_\#gi\-
_fjg‘kXc#j\kk‘e^;#Xlk_fi\[#Yp#Ai#EXiip#Lo\i
4.# Ai‘m\#jkl[p;#yOXe[fd‘q\[#@c‘e‘ZXc#Qi‘Xc;#MjpZ_fdfkfi#
Xe[#@f^e‘k‘m\#B]]\Zkj#f]#X#15-d‘elk\#Fe_XcXk‘fe#f]#
J\k_fop!liXe\#‘e#E\Xck_p#Sfclek\\ij;#Fdgc‘ZXk‘fe#]fi#
Mfjk-@fcfefjZfgp#@Xi\z
5.# P‘e^Xgfi\#jkl[p;#@c‘e‘ZXc#BmXclXk‘fe#f]#M\ek_ifo(cid:129)#
(J\k_fop!liXe\)#]fi#k_\#P‘e^Xgfi\#Bd\i^\eZp#
>dYlcXeZ\#P\im‘Z\#|#X#_\X[#kf#_\X[#jkl[p#m#QiXdX[fc
6.# >eXc^\j‘Z#Rj\#f]#Fe_Xc\[#J\k_fop!liXe\;#BmXclXk‘fe#f]#
‘kj#Mfk\ek‘Xc#K\g_ifkfo‘Z‘kp;#Mi#>ek_fep#AXpXe
7.# @fdgXi‘jfe#f]#jX]\kp#Xe[#Zc‘e‘ZXc#flkZfd\j#f]#
M\ek_ifo(cid:129)-Xjj‘jk\[#ZfcfefjZfgp#m\ijlj#XeX\jk_\j‘X-
Xjj‘jk\[#ZfcfefjZfgp#‘e#_‘^_-i‘jb#jlYa\Zkj;#X#iXe[fd‘j\[#
ki‘Xc#Xk#OfpXc#>[\cX‘[\.
8.# MifZ\[liXc#XeXc^\j‘X;#P\c]-X[d‘e‘jk\i\[#d\k_fop!liXe\#
]fi#gifZ\[liXc#XeXc^\j‘X;#\og\i‘\eZ\#‘e#X#k\ik‘Xip#
>ljkiXcXj‘Xe#Z\eki\#;#Ai#@_i‘j#G\g_Zfkkxj#gXg\i#nXj#
glYc‘j_\[#‘e#C\YilXip#2016.
9.# QORP-Y‘fgjp;#>#g_Xj\#3#[flYc\-Yc‘e[#gcXZ\Yf-
Zfekifcc\[#iXe[fd‘j\[#ki‘Xc#f]#d\k_fop!liXe\#n‘k_#
g\i‘gifjkXk‘Z#cfZXc#XeX\jk_\j‘X#kf#i\[lZ\#k_\#[‘jZfd]fik#
f]#kiXeji\ZkXc#lckiXjfle[-^l‘[\[#gifjkXk\#Y‘fgjp#(MX‘e-
Ci\\#QORP#?)
+BBH8@!0?B8B9?8@!6[[‘k‘feXc#Zc‘e‘ZXc#ki‘Xcj#Xe[#jkl[‘\j#Xi\#gcXee\[#]fi#CV17#
n_‘Z_#n‘cc#YifX[\e#k_\#‘e[‘ZXk‘fej#]fi#lj\#f]#M\ek_ifo(cid:129).#Fe#
k_\#Zfd‘e^#"eXeZ‘Xc#p\Xi#Xe[#Y\pfe[#n\#n‘cc#le[\ikXb\;
1.# MFM#Pkl[p#|#X#Blifg\Xe#Xe[#RP>#Zfdgc‘Xek#gX\[‘Xki‘Z#
jkl[p#n_‘Z_#‘]#jlZZ\jj]lc#n‘cc#\ok\e[#k_\#lj\#f]#M\ek_ifo(cid:129)#
kf#k_\#gX\[‘Xki‘Z#gfglcXk‘fe#‘e#Blifg\#Xe[#_fg\]lccp#‘e#
k_\#RP>.#Mi\gXiXk‘fej#]fi#k_\#jkl[p#Xi\#n\cc#fe#k_\#nXp#
Xe[#\eifcd\ek#‘j#\og\Zk\[#kf#Zfdd\eZ\#[li‘e^#CV17.
2.# M>PP#|#>#Mfjk#>lk_fi‘jXk‘fe#PX]\kp#Pkl[p#[\j‘^e\[#kf#
kiXZb#Xep#X[m\ij\#\m\ekj#kf#k_\#lj\ij#f]#M\ek_ifo(cid:129)#‘e#
Blifg\.#Q_\#jkl[p#‘j#jZ_\[lc\[#kf#cXjk#knf#p\Xij#Xe[#k_\#
[XkX#^Xk_\i\[#n‘cc#Y\#\oki\d\cp#mXclXYc\#‘e#\o‘jk‘e^#Xe[#
gifjg\Zk‘m\#M\ek_ifo(cid:129)#dXib\kj#Xifle[#k_\#nfic[.
3.# >#M_Xj\#FFF#M‘mfkXc#ki‘Xc#‘e#k_\#RP>.#Tfib#_Xj#
Zfdd\eZ\[#fe#y>d\i‘ZXe‘j‘e^z#k_\#jkl[p#gifkfZfc#lj\[#
‘e#JAFxj#M‘mfkXc#M_Xj\#FFF#Pkl[p#Zfe[lZk\[#‘e#k_\#RH.#
4.# T\#Xi\#[\m\cfg‘e^#X#gif^iXd#f]#nfib#kf#jlggfik#
X[[‘k‘feXc#‘e[‘ZXk‘fej#]fi#M\ek_ifo(cid:129).#Lli#cfe^\i#k\id#
XdY‘k‘fe#‘j#kf#\ok\e[#k_\#lj\#f]#M\ek_ifo(cid:129)#‘ekf;
X.# #gfjk-fg\iXk‘m\#Yi\Xbk_ifl^_#gX‘e<#
Y.# Yi\Xbk_ifl^_#ZXeZ\i#gX‘e<
Z.# i\g\Xk#lj\#jZ\eXi‘fj<#Xe[#lck‘dXk\cp
[.# _fd\#lj\.#
ggc‘ZXk‘fe#gifk\Zk‘e^#‘kj#e\n#
dXel]XZkli‘e^#k\Z_efcf^p#[\m\cfg\[#n‘k_#k_\#@PFOL.#T\#
_Xm\#Xcjf#Zfdd\eZ\[#k_\#‘e‘k‘Xc#gcXee‘e^#jkX^\j#kf#[\m\cfg#
fli#dXel]XZkli‘e^#k\Z_efcf^p#Xe[#ZXgXY‘c‘kp#]lik_\i#kf#
Y\Zfd\#X#dXel]XZkli\i#Xe[#[‘jki‘Ylkfi#f]#fk_\i#XeXc^\j‘Z#
Xe[#XeX\jk_\k‘Z#gif[lZkj.#
JAF#Y\c‘\m\#fli#dXel]XZkli‘e^#k\Z_efcf^p#_Xj#k_\#ZXgXY‘c‘kp#
Xe[#!\o‘Y‘c‘kp#]fi#JAF#kf#Y\Zfd\#X#c\X[‘e^#gcXp\i#‘e#k_\#nfic[#
jlggcp#f]#X#eldY\i#f]#k_\j\#gif[lZkj.#Q_\#dXib\kj#n\#Xi\#
]fZljj‘e^#fe#Xi\#\oki\d\cp#cXi^\.
J\[‘ZXc#A\m‘Z\j;#
O\jg‘iXkfip
PXc\j#f]#O\jg‘iXkfip#[\m‘Z\j#XZifjj#fli#b\p#dXib\kj#‘e#
>ljkiXc‘X,#Blifg\#Xe[#Kfik_#>d\i‘ZX#[‘UdWSeWV#Tk#60%#‘e#
CV16.#Lm\iXcc#jXc\j#f]#fli#O\jg‘iXkfip#A\m‘Z\j#[‘UdWSeWV#
Tk#04%#n_‘Z_#nXj#X#gc\Xj‘e^#i\jlck#Zfej‘[\i‘e^#JAF#[‘[#
efk#Zfek‘el\#k_\#M_XidXZ#ZfekiXZk#‘e#K\n#W\XcXe[#n_‘Z_#
i\[lZ\[#jXc\j#Yp#Z‘iZX#%1#d‘cc‘fe.#
Ali‘e^#GXelXip#2016,#k_\#CA>#Xggifm\[#k_\#e\ok#^\e\iXk‘fe#
>ek‘-PkXk‘Z#iXe^\#f]#O\jg‘iXkfip#A\m‘Z\#gif[lZkj#]fi#k_\#
RP>#dXib\k.#T\#j\Zli\[#[‘jki‘Ylk‘fe#[\Xcj#‘e#k_\#RP>#n‘k_#
>d\i‘jfliZ\#?\i^\e,#@Xi[‘eXc#E\Xck_#Xe[#Kfii‘qfe#Xe[#
JFKQ#g_XidXZ\lk‘ZXcj#‘e#@XeX[X.#T\#dX[\#fli#"ijk#jXc\j#
Xe[#[\c‘m\i\[#gif[lZk#kf#k_\j\#e\n#Ylj‘e\jj#gXike\ij#[li‘e^#
E2CV16.#T\#\og\Zk#kf#XeefleZ\#e\n#gXike\ij_‘g#[\Xcj#‘e#
k_\#Zfd‘e^#dfek_j#n‘k_#dfi\#gXike\ij#‘e#Kfik_#>d\i‘ZX#Xe[#
fli#Ylj‘e\jj#‘j#n\cc#gcXZ\[#kf#[\c‘m\i#jkife^#jXc\j#^ifnk_#‘e#
CV17.
Fe#Blifg\,#jXc\j#YdWi#Tk#5.%.#T\#j‘^e\[#e\n#[\Xcj#n‘k_#
gXike\ij#‘e#k_\#RH#Xj#n\cc#Xj#Mfikl^Xc.#Lli#Ylj‘e\jj#‘e#k_\#
K\k_\icXe[j#Xe[#?\c^‘ld#^i\n#jkife^cp.
Fe#C\YilXip#2016#JAF#XZhl‘i\[#?i\Xk_->-Q\Z_.#?i\Xk_->-
Q\Z_#‘j#k_\#c\X[‘e^#YiXe[#f]#Xjk_dX#jgXZ\#Z_XdY\ij#‘e#k_\#
>ljkiXc‘Xe#g_XidXZp#Xe[#_fjg‘kXc#dXib\kj.#Q_\#XZhl‘j‘k‘fe#
i\‘e]fiZ\[#JAF#Xj#dXib\k#c\X[\i#‘e#>ljkiXc‘X.#P‘eZ\#XZhl‘i‘e^#
?i\Xk_->-Q\Z_,#JAF#_Xj#‘ekif[lZ\[#6#e\n#?i\Xk_->-Q\Z_#
gif[lZkj#Xe[#i\cXleZ_\[#k_\#YiXe[.#Fe#Gle\,#?i\Xk_->-Q\Z_#
jXc\j#n\i\#k_\#_‘^_\jk#i\Zfi[\[#]fi#Xep#dfek_#j‘eZ\#2011.##
Fe#k_\#Xcdfjk#"m\#dfek_j#JAF#_Xj#fne\[#?i\Xk_->-Q\Z_,#
jXc\j#Xi\#Xcdfjk#%0.8#d‘cc‘fe.
9gefdS^[S
Lli#>ljkiXc‘Xe#i\jg‘iXkfip#jXc\j#YdWi#/.7%.#T\#\og\Zk#
jXc\j#^ifnk_#kf#Zfek‘el\#jkife^cp#[li‘e^#CV17#Xj#?i\Xk_->-
Q\Z_#n‘cc#Zfeki‘Ylk\#X#]lcc#12#dfek_j#f]#jXc\j.
GadfZ#9_Wd[US
PXc\j#‘e#Kfik_#>d\i‘ZX#YdWi#11%.#Fe#GXelXip#2016#k_\#
CA>#Xggifm\[#JAFxj#c\X[‘e^#iXe^\#f]#Xek‘-jkXk‘Z#[\m‘Z\j.#
P‘eZ\#k_Xk#k‘d\#n\#_Xm\#j‘^e\[#X#[‘jki‘Ylk‘fe#[\Xc#n‘k_#
>d\i‘jfliZ\#?\i^\e#Xe[#@Xi[‘eXc#E\Xck_.#T\#[\c‘m\i\[#fli#
"ijk#gif[lZkj#kf#k_\j\#gXike\ij#‘e#Gle\#2016.#T\#\og\Zk#
kf#j‘^e#X[[‘k‘feXc#gXike\ij_‘g/[‘jki‘Ylk‘fe#[\Xcj#‘e#k_\#RP>#
[li‘e^#CV17.#Pkife^#jXc\j#^ifnk_#j_flc[#]fccfn.
Lli#‘e‘k‘Xc#Xjj\jjd\ek#f]#k_\#RP>#dXib\k#‘j#k_Xk#k_\i\#Xi\#
Xggifo‘dXk\cp#20#d‘cc‘fe#jgXZ\#Z_XdY\i#[\m‘Z\j#jfc[#\XZ_#
p\Xi.#Lli#gif[lZkj#Xi\#Xdfe^jk#k_\#nfic[xj#Y\jk#Xe[#fli#
XdY‘k‘fe#‘j#kf#n‘e#j‘^e‘"ZXek#dXib\k#j_Xi\#fm\i#k_\#Zfd‘e^#
p\Xij.#
>gdabW#
Lli#Ylj‘e\jj#‘e#Blifg\#(‘eZcl[‘e^#k_\#RH)#Zfek‘el\j#kf#
[\c‘m\i#jkife^#jXc\j#^ifnk_#Xe[#^\e\iXk\#gif"kj.#O\jg‘iXkfip#
jXc\j#YdWi#5.%#‘e#CV16.#JAF#j‘^e\[#X[[‘k‘feXc#[\Xcj#‘e#
k_\#RH,#Mfikl^Xc#Xe[#PgX‘e.#JAF#\og\Zk#kf#j‘^e#]lik_\i#
[‘jki‘Ylk‘fe#X^i\\d\ekj#‘e#k_\#Zfd‘e^#p\Xi.#
9e[S
PXc\j#‘ekf#k_‘j#i\^‘fe#YdWi#52%.#
OWf
Lli#S\k#Ylj‘e\jj#[‘UdWSeWV#/.%#‘e#CV16.#JAF#Zfek‘el\j#kf#
n‘e#e\n#fi[\ij#]ifd#@_‘eX#Xe[#Pflk_#BXjk#>j‘X#Xe[#\og\Zkj#
]lik_\i#jXc\j#^ifnk_#‘e#CV17.
$&
4<;?98@!.^i\\d\ek#n‘k_#Jle[‘g_XidX<
#%0.24d#Zfjkj#XjjfZ‘Xk\[#n‘k_#k_\#XZhl‘j‘k‘fe#f]#?i\Xk_-
>-Q\Z_<#
#%0.318d#\og\ej\#XjjfZ‘Xk\[#n‘k_#k_\#\Xicp#m\jk‘e^#f]#
fgk‘fej#XkkXZ_\[#kf#k_\#@BL#Ife^#Q\id#FeZ\ek‘m\#McXe<#
Xe[#
{# %0.14d#i\cfZXk‘fe#Zfjk#XjjfZ‘Xk\[#n‘k_#dfm‘e^#fli#_\X[#
f]"Z\#Xe[#Zfdgfe\ekj#f]#k_\#dXel]XZkli‘e^#fg\iXk‘fej#
kf#fli#e\n#PZfi\jYp#YXj\[#j‘k\.
>[aljk‘e^#]fi#k_\#ZfdY‘e\[#‘dgXZk#f]#k_\j\#(%0.9d),#
i\jlckj#‘e#BXie‘e^j#?\]fi\#Fek\i\jk,#QXo,#A\gi\Z‘Xk‘fe#Xe[#
>dfik‘jXk‘fe#‘eZi\Xj‘e^#]ifd#%3.4d#kf#%4.3d#(2015;#%2.6d).#
K\k#Mif"k#?\]fi\#QXo#]fi#CV16#‘eZi\Xj\j#kf#%3.2d#n_\e#
X[aljk\[#]fi#k_\j\#jXd\#‘dgXZkj#(2015;#%2.2d).#
Fem\jk‘e^#‘e#Lg\iXk‘fej
%0.6d#nXj#jg\ek#fe#‘eZi\Xj‘e^#_\X[Zflek#[li‘e^#k_\#
p\Xi.#Fe#gXik‘ZlcXi#JSM#‘em\jk\[#_\Xm‘cp#‘e#‘kj#NlXc‘kp#Xe[#
O\^lcXkfip#[\gXikd\ekj#kf#ZXk\i#]fi#k_\#[\dXe[j#f]#^cfYXc#
\ogXej‘fe.#T\#Xi\#efn#n\cc#gcXZ\[#]fi#k_\#]lkli\#Xe[#[f#efk#
\og\Zk#]lik_\i#j‘^e‘"ZXek#‘em\jkd\ek.
JSM#Zfek‘el\j#kf#‘em\jk#‘e#Zc‘e‘ZXc#jkl[‘\j,#i\j\XiZ_#Xe[#
[\m\cfgd\ek#Xe[#gif[lZk#[\m\cfgd\ek.#Pfd\#f]#k_\j\#
\og\ej\j#_Xm\#ZXg‘kXc‘j\[#kf#‘ekXe^‘Yc\#Xjj\kj#n_\i\#
Xggifgi‘Xk\#Xe[#k_\#i\dX‘e[\i#_Xj#Y\\e#kXb\e#[‘i\Zkcp#kf#k_\#
gif"k#Xe[#cfjj.
T\#i\Z\‘m\[#X#%0.117#d‘cc‘fe#O’A#kXo#‘eZ\ek‘m\#i\]le[#
[li‘e^#k_\#p\Xi#Xe[#X#]lik_\i#%0.223#d‘cc‘fe#‘j#\og\Zk\[#‘e#
k_\#Zfd‘e^#dfek_j#‘e#i\cXk‘fe#kf#CV16.
Llkcffb
JSMxj#XdY‘k‘fe#‘j#kf#^cfYXc‘j\#M\ek_ifo(cid:129)#Xe[#‘e#[f‘e^#jf#
dXb\#‘k#k_\#dX‘e#jki\Xd#XeXc^\j‘Z#f]#Z_f‘Z\#Xifle[#k_\#
nfic[.#Q_Xk#gifZ\jj#_Xj#Y\^le.#Lm\i#k_\#e\ok#12#dfek_j#
n\#\og\Zk#
{#
{#
{#
{#
{#
kf#fYkX‘e#XggifmXc#kf#j\cc#M\ek_ifo(cid:129)#‘e#k_\#i\dX‘e‘e^#
dXib\kj#‘e#k_\#BR#Xe[#jfd\#X[[‘k‘feXc#Zfleki‘\j#Xifle[#
k_\#nfic[<
#Zfdgc\k\#fli#dXel]XZkli‘e^#]XZ‘c‘kp#n_‘Z_#n‘cc#_Xm\#
jg\Z‘Xc#gligfj\#O\j\XiZ_#Xe[#A\m\cfgd\ek#cXYfiXkfi‘\j#
[\[‘ZXk\[#kf#‘dgifm‘e^#k_\#nXp#n\#dXel]XZkli\#
M\ek_ifo(cid:129)<#
#ZfeZcl[\#X[[‘k‘feXc#[‘jki‘Ylk‘fe#gXike\ij_‘gj#]fi#e\n#
Zfleki‘\j<
#Zfdd\eZ\#nfib#fe#gif[lZ‘e^#fk_\i#>eXc^\j‘Z#Xe[#
>eX\jk_\k‘Z#gif[lZkj#lj‘e^#k_\#‘ek\cc\ZklXc#gifg\ikp#k_Xk#
‘j#fli#e\n#dXel]XZkli‘e^#gifZ\jj<#Xe[
#Zfdd\eZ\#Xe[#gif^i\jj#nfib#fe#^Xk_\i‘e^#k_\#Zc‘e‘ZXc#
[XkX#e\\[\[#kf#jlYd‘k#X#wK\n#Ail^#>ggc‘ZXk‘fex#kf#k_\#
Cff[#’#Ail^#>[d‘e‘jkiXk‘fe#‘e#k_\#RP>.
Lli#O\jg‘iXkfip#A\m‘Z\j#Xi\#Y\jk#‘e#ZcXjj#Xe[#n\#n‘cc#
Zfek‘el\#fli#^cfYXc#\ogXej‘fe#Xe[#‘e#gXik‘ZlcXi#Yl‘c[#fli#
RP>#Ylj‘e\jj.#T\#\og\Zk#kf#[\c‘m\i#e\n#gXike\ij_‘g#[\Xcj,#
\ogXe[#fli#gif[lZk#f]]\i‘e^#Xe[#^ifn#jXc\j#j‘^e‘"ZXekcp.
Q_\#^cfYXc‘jXk‘fe#f]#JSM#‘j#n\cc#le[\inXp.#Q_\#fggfikle‘k‘\j#
]fi#X#hlXekld#‘eZi\Xj\#‘e#jXc\j#Xe[#k_\#[\m\cfgd\ek#f]#fli#
Ylj‘e\jj#^cfYXccp#‘e#CV17#Xi\#^ff[.
T\#nflc[#c‘b\#kf#k_Xeb#fli#jkX]]#Xe[#fli#kiX[‘e^#gXike\ij#]fi#
k_\‘i#\]]fikj#Xe[#jlggfik#Xe[#cffb#]finXi[#kf#]lik_\i#jlZZ\jj#
‘e#CV17#Xe[#Y\pfe[.
?[‘S‘U[S^#Iae[f[a‘
Q_\#ZXg‘kXc#jkilZkli\#f]#k_\#Diflg#i\dX‘e\[#jkXYc\#[li‘e^#
k_\#g\i‘f[.#
{#
{#
Fek\i\jk#Y\Xi‘e^#c‘XY‘c‘k‘\j#Xk#30#Gle\#2016#kfkXc#
%481,000<#Xe[
#Q_\#[\Yk#]XZ‘c‘kp#XmX‘cXYc\#kf#k_\#ZfdgXep#nXj#lelj\[#Xj#
Xk#30#Gle\#2016#Xe[#k_\#ZfdgXep#‘j#Zlii\ekcp#Xjj\jj‘e^#
k_\#e\\[#kf#i\kX‘e#k_\#]XZ‘c‘kp#dfm‘e^#]finXi[.#
hW‘fe
Le#20#JXp#2016#kiXeZ_\#fe\#f]#k_\#@BL#Ife^#Q\id#
FeZ\ek‘m\#Lgk‘fe#McXe#m\jk\[#Xe[#n\i\#cXk\i#\o\iZ‘j\[#fe#
10#>l^ljk#2016#i\jlck‘e^#‘e#k_\#‘jjl‘e^#f]#400,000#j_Xi\j.#
+BBH8@!0?B8B9?8@!6l^ljk#2016#k_\#?fXi[#f]#A‘i\Zkfij#[\ZcXi\[#
X#]lccp#]iXeb\[#"eXc#[‘m‘[\e[#f]#2#Z\ekj#g\i#j_Xi\#kf#k_\#
_fc[\ij#f]#]lccp#gX‘[#fi[‘eXip#j_Xi\j#Xj#Xk#k_\#i\Zfi[#[Xk\#f]#
2#P\gk\dY\i#2016,#kf#Y\#gX‘[#kf#k_\#j_Xi\_fc[\ij#fe#k_\#7#
LZkfY\i#2016.#O\]\i#Y\cfn#]fi#]lik_\i#[\kX‘cj.
Q_\i\#_Xj#efk#Y\\e#Xep#fk_\i#dXkk\i#fi#Z‘iZldjkXeZ\#k_Xk#
_Xj#Xi‘j\e#k_Xk#_Xj#j‘^e‘"ZXekcp#X]]\Zk\[,#fi#dXp#j‘^e‘"ZXekcp#
X]]\Zk#k_\#fg\iXk‘fej#f]#k_\#ZfdgXep,#k_\#i\jlckj#f]#k_fj\#
fg\iXk‘fej,#fi#k_\#jkXk\#f]#X]]X‘ij#f]#k_\#ZfdgXep#‘e#]lkli\#
p\Xij.
=[h[VW‘Ve
Q_\#?fXi[#f]#A‘i\Zkfij#‘j#gc\Xj\[#kf#[\ZcXi\#X#C‘eXc#A‘m‘[\e[#
f]#2#Z\ekj#g\i#j_Xi\#]lccp-]iXeb\[.#
JSM#‘ek\e[j#kf#‘dgc\d\ek#X#A‘m‘[\e[#O\‘em\jkd\ek#McXe#
n_‘Z_#n‘cc#Xccfn#j_Xi\_fc[\ij#kf#lj\#k_\#gifZ\\[j#]ifd#
k_\#Clcc#V\Xi#A‘m‘[\e[#kf#gliZ_Xj\#JSM#j_Xi\j#Xk#k_\#
mfcld\#n\‘^_k\[#Xm\iX^\#gi‘Z\#f]#Xcc#f]#k_\#ZfdgXepxj#]lcc#
gX‘[#j_Xi\j#jfc[#fe#k_\#>PU#[li‘e^#k_\#10#kiX[‘e^#[Xpj#
‘dd\[‘Xk\cp#Y\]fi\#k_\#i\Zfi[#[Xk\#(ef#[‘jZflek#Xggc‘\[).
Q_\#k‘d\kXYc\#]fi#k_\#C‘eXc#A‘m‘[\e[#]fi#k_\#p\Xi#\e[\[##
30#Gle\#2016#‘j;#
B‘VW_‘["USf[a‘#aX#HX"UWde#S‘V#9gV[fade
Ali‘e^#k_\#"eXeZ‘Xc#p\Xi,#k_\#ZfdgXep#gX‘[#X#gi\d‘ld#‘e#
i\jg\Zk#f]#X#ZfekiXZk#‘ejli‘e^#k_\#[‘i\Zkfij#f]#k_\#ZfdgXep#
(Xj#eXd\[#XYfm\),#Xe[#Xcc#\o\Zlk‘m\#f]"Z\ij#f]#k_\#ZfdgXep#
X^X‘ejk#X#c‘XY‘c‘kp#‘eZlii\[#Xj#jlZ_#X#[‘i\Zkfi,#j\Zi\kXip#fi#
\o\Zlk‘m\#f]"Z\i#kf#k_\#\ok\ek#g\id‘kk\[#Yp#k_\#@figfiXk‘fej#
>Zk#2001.#Q_\#ZfekiXZk#f]#‘ejliXeZ\#gif_‘Y‘kj#[‘jZcfjli\#f]#
k_\#eXkli\#f]#k_\#c‘XY‘c‘kp#Xe[#k_\#Xdflek#f]#k_\#gi\d‘ld.
Q_\#ZfdgXep#_Xj#efk#fk_\in‘j\,#[li‘e^#fi#j‘eZ\#k_\#\e[#
f]#k_\#"eXeZ‘Xc#p\Xi,#‘e[\de‘"\[#fi#X^i\\[#kf#‘e[\de‘]p#Xe#
f]"Z\i#fi#Xl[‘kfi#f]#k_\#ZfdgXep#X^X‘ejk#X#c‘XY‘c‘kp#‘eZlii\[#
Xj#jlZ_#Xe#f]"Z\i#fi#Xl[‘kfi.
=[dWUfadel#FWWf[‘Ye
Q_\#]fccfn‘e^#kXYc\#j\kj#flk#k_\#eldY\i#f]#[‘i\Zkfijx#
d\\k‘e^j#(‘eZcl[‘e^#d\\k‘e^j#f]#Zfdd‘kk\\j#f]#[‘i\Zkfij)#
_\c[#[li‘e^#k_\#"eXeZ‘Xc#p\Xi#Xe[#k_\#eldY\i#f]#d\\k‘e^j#
Xkk\e[\[#Yp#\XZ_#[‘i\Zkfi#(n_‘c\#k_\p#n\i\#X#[‘i\Zkfi#fi#
Zfdd‘kk\\#d\dY\i).#Ali‘e^#k_\#"eXeZ‘Xc#p\Xi,#9#?fXi[#
d\\k‘e^j,#knf#>l[‘k#Xe[#O‘jb#@fdd‘kk\\#d\\k‘e^j#Xe[#fe\#
O\dle\iXk‘fe#Xe[#Kfd‘eXk‘fej#Zfdd‘kk\\#d\\k‘e^#n\i\#
_\c[.#
=[dWUfadel#LZSdWZa^V[‘Ye
Q_\#]fccfn‘e^#kXYc\#j\kj#flk#\XZ_#[‘i\Zkfixj#i\c\mXek#‘ek\i\jk#
‘e#j_Xi\j#Xj#Xk#k_\#[Xk\#f]#k_‘j#i\gfik.
DWk#VSfWe#
>hW‘f
/6#9gYgef#0./4#
A\ZcXiXk‘fe#f]#C‘eXc#A‘m‘[\e[.
0#LWbfW_TWd#0./4#
#
O\Zfi[#AXk\#]fi#\c‘^‘Yc\##
j_Xi\_fc[\ij#kf#i\Z\‘m\#[‘m‘[\e[#
#
01#LWbfW_TWd#0./4# AXk\#]fi#j_Xi\_fc[\ij#kf#\c\Zk##
#
#
kf#gXik‘Z‘gXk\#‘e#A‘m‘[\e[##
O\‘em\jkd\ek#McXe
5#HUfaTWd#0./4#
MXpd\ek#AXk\
=,C,#P[^^[S_e
9,=,#FU.A.#JZ@Xccld#(Kfe-\o\Zlk‘m\)
{#
#O.J.#Gf_ejkfe#(Kfe-\o\Zlk‘m\)#
{#
#I.#EfXi\#(Kfe-\o\Zlk‘m\)#
{#
#M.#Mfn\cc#(efe-\o\Zlk‘m\)#
Q_\#ZfdgXep#\o\Zlk‘m\j#[li‘e^#fi#j‘eZ\#k_\#\e[#f]#k_\#
"eXeZ‘Xc#p\Xi#n\i\;
{# G.#P_XidXe#(@_‘\]#Bo\Zlk‘m\#L]"Z\i)
{#
#J.#B[nXi[j#(@fdgXep#P\Zi\kXip)#
BoZ\gk#Xj#efk\[,#k_\#eXd\[#g\ijfej#_\c[#k_\‘i#Zlii\ek#
gfj‘k‘fe#]fi#k_\#n_fc\#f]#k_\#"eXeZ‘Xc#p\Xi#Xe[#j‘eZ\#k_\#\e[#
f]#k_\#"eXeZ‘Xc#p\Xi.
DWk#_S‘SYW_W‘f#bWdea‘‘W^#Wcg[fk#Za^V[‘Ye#m#Xg^^k#bS[V#adV[‘Sdk#eZSdWe
#!"%
=,C,#P[^^[S_e
9,=,#FUViSdVe
#!"$
=,C,#P[^^[S_e
9,=,#FUViSdVe
;S^S‘UW#Sf##
1.#Cg‘W#0./3#
Ga,
23,371,990
477,497
207,013
30,000
10,000
352,074
109,230
-
24,557,804
;S^S‘UW#Sf##
1.#Cg‘W#0./2#
Ga,
30,370,890
477,497
207,013
30,000
-
-
609,230
-
31,694,630
BeegWV#Vgd[‘Y#fZW#kWSd#
h[S#=KI#
Ga,
77,865
1,668
909
131
43
1,106
125
-
81,847
BeegWV#Vgd[‘Y##
fZW#kWSd#
Ga,
-
-
-
-
-
-
-
-
-
*#Ji.#Mfn\cc#af‘e\[#k_\#?fXi[#fe#17#A\Z\dY\i#2014#Xe[#Xk#k_Xk#k‘d\#‘e[‘i\Zkcp#_\c[#352,074#j_Xi\j.#
GWf#HfZWd#
#^iXek#f]#400,000#fgk‘fej#n‘k_#X#jki‘b\#gi‘Z\#f]#%2.50#
Ylk#m\jk‘e^#fecp#n_\e#k_\#JSM#j_Xi\#gi‘Z\#_Xj#Y\\e#
XYfm\#%4.50#Xk#Xcc#k‘d\j#]fi#60#Zfek‘elflj#>PU#QiX[‘e^#
[Xpj.#Q_\j\#fgk‘fej#n‘cc#\og‘i\#28#C\YilXip#2017.
{#
{#
#>#^iXek#f]#400,000#fgk‘fej#n‘k_#X#jki‘b\#gi‘Z\#f]#%2.50#
Ylk#m\jk‘e^#fecp#n_\e#k_\#JSM#j_Xi\#gi‘Z\#_Xj#Y\\e#
XYfm\#%5.50#]fi#60#Zfek‘elflj#>PU#QiX[‘e^#[Xpj.#Q_\j\#
fgk‘fej#n‘cc#\og‘i\#30#P\gk\dY\i#2017<#Xe[
#>#^iXek#f]#200,000#fgk‘fej#n‘k_#X#jki‘b\#gi‘Z\#f]#%2.50#
Ylk#m\jk‘e^#fecp#n_\e#i\‘dYlij\d\ek#‘j#Xggifm\[#]fi#
M\ek_ifo(cid:129)#‘e#D\idXep#fi#O\^‘jkiXk‘fe#‘j#Xggifm\[#‘e#
D\idXep#(n_‘Z_\m\i#fZZlij#"ijk).#Q_\j\#fgk‘fej#n‘cc#
\og‘i\#fe#k_\#31#A\Z\dY\i#2016.
BXZ_#j_Xi\#fgk‘fe#Zfem\ikj#‘ekf#fe\#fi[‘eXip#j_Xi\#f]#
J\[‘ZXc#A\m\cfgd\ekj#I‘d‘k\[#fe#\o\iZ‘j\.#Kf#Xdflekj#Xi\#
gX‘[#fi#gXpXYc\#Yp#k_\#i\Z‘g‘\ek#fe#k_\#i\Z\‘gk#f]#k_\#fgk‘fe#
efi#Xi\#k_\p#kiX[\XYc\#Xk#Xep#k‘d\.#Q_\#fgk‘fej#ZXiip#e\‘k_\i#
i‘^_kj#kf#[‘m‘[\e[j#fi#mfk‘e^#i‘^_kj.#
Re[\i#k_\#k\idj#f]#k_\#gcXe,#Xcc#flkjkXe[‘e^#fgk‘fej#n‘cc#Y\#
ZXeZ\cc\[#‘]#Ji.#P_XidXe#c\Xm\j#fi#‘j#fk_\in‘j\#ef#cfe^\i#
\dgcfp\[#Xk#JSM#]fi#Xep#i\Xjfe.#T_\e#k_\#IQFM#[\c‘m\ij#
Xe#\ek‘kc\d\ek#kf#Xe#\hl‘kp#‘ek\i\jk#m‘X#k_\#gi\mX‘c‘e^#j_Xi\#
gi‘Z\#_li[c\,#Ji.#P_XidXe#n‘cc#_Xm\#3#dfek_j#kf#\o\iZ‘j\#k_\#
i\c\mXek#fgk‘fej,#X]k\i#n_‘Z_#k_\#i\c\mXek#fgk‘fej#n‘cc#cXgj\.#
Fe#\XZ_#ZXj\,#60&#f]#k_\#e\n#j_Xi\j#‘jjl\[#Yp#\o\iZ‘j‘e^#
fgk‘fej#n‘cc#Y\#\jZifn\[#]fi#X#g\i‘f[#f]#12#dfek_j#]ifd#
‘jjl\#[Xk\.#
Q_\i\#_Xj#Y\\e#ef#Xck\iXk‘fe#kf#k_\#k\idj#Xe[#Zfe[‘k‘fej#
f]#k_\#XYfm\#j_Xi\#YXj\[#gXpd\ek#XiiXe^\d\ek#j‘eZ\#
^iXek#[Xk\.
KW_g‘WdSf[a‘#Ia^[Uk
Q_\#YfXi[#Zfek‘el\j#kf#j\k#i\dle\iXk‘fe#Xk#X#c\m\c#k_Xk#n‘cc#
XkkiXZk#[‘i\Zkfij#Xe[#\o\Zlk‘m\j#f]#_‘^_#ZXc‘Yi\.#Q_\#knf#b\p#
\c\d\ekj#Xi\;
{# YXj\#jXcXip#Xe[#]\\j,#n_‘Z_#Xi\#[\k\id‘e\[#Yp#i\]\i\eZ\#
kf#k_\#dXib\k#iXk\#YXj\[#fe#gXpd\ekj#Xk#j‘d‘cXi#j‘q\[#
ZfdgXe‘\j#‘e#k_\#‘e[ljkip<#Xe[#
{#
#M\i]fidXeZ\#‘eZ\ek‘m\j,#n_‘Z_#_Xm\#knf#Zfdgfe\ekj#
|#j_fik#k\id#‘eZ\ek‘m\j#YXj\[#fe#XZ_‘\m‘e^#b\p#
g\i]fidXeZ\#‘e[‘ZXkfij#[li‘e^#k_\#p\Xi#Xe[#gXpXYc\#
‘e#ZXj_,#Xe[#cfe^-k\id#‘eZ\ek‘m\j#gXpXYc\#‘e#\hl‘kp,#
k_\#mXcl\#f]#n_‘Z_#[\g\e[j#fe#k_\#j_Xi\#gi‘Z\#f]#k_\#
ZfdgXep.
LZSdW#abf[a‘e#aX#FWV[US^#=WhW^ab_W‘fe#B‘fWd‘Sf[a‘S^#E[_[fWV
#!"% ;S^S‘UW#Sf##
1.#Cg‘W#0./3#
Ga,
@dS‘fWV#Se#
dW_g‘WdSf[a‘#
Ga,
;S^S‘UW#Sf##
1.#Cg‘W#0./4#
Ga,
;S^S‘UW#hWefWV#
Sf#1.#Cg‘W#
0./4#Tgf#‘af#
WjWdU[eWV##
Ga,
;S^S‘UW#‘af#
hWefWV#Sf#
1.#Cg‘W#0./4#
Ga,
Hbf[a‘e#hWefWV#
Vgd[‘Y#fZW#kWSd#
Ga,
C,#LZSd_S‘
-
1,000,000
1,000,000
400,000
600,000
400,000
P_Xi\#fgk‘fej#dX[\#kf#Ji.#P_XidXe#n\i\#dX[\#‘e#XZZfi[XeZ\#n‘k_#k_\#gifm‘j‘fej#f]#k_\#\dgcfp\\#j_Xi\#fgk‘fe#gcXe.#Q_\#
XYfm\#i\gi\j\ekj#k_\#fecp#\o‘jk‘e^#fgk‘fej#fm\i#j_Xi\j#Xj#Xk#30#Gle\#2016.#>cc#m\jk\[#fgk‘fej#Xi\#\o\iZ‘jXYc\.#Q_\j\#fgk‘fej#
[f#efk#_Xm\#k_\#i‘^_k,#Yp#m‘ikl\#f]#k_\#fgk‘fe,#kf#gXik‘Z‘gXk\#‘e#j_Xi\#‘jjl\j#fi#‘ek\i\jk#‘jjl\#f]#k_\#ZfdgXep.
Beeg[‘Y#>‘f[fk
MdS‘UZW
Gg_TWd#aX#eZSdWe#
g‘VWd#abf[a‘
<^See#aX#eZSdWe
>jWdU[eW#bd[UW#
aX#abf[a‘
>jb[dk#VSfW##
aX#abf[a‘e
J\[‘ZXc#A\m\cfgd\ekj#Fek\ieXk‘feXc#Ik[
J\[‘ZXc#A\m\cfgd\ekj#Fek\ieXk‘feXc#Ik[
J\[‘ZXc#A\m\cfgd\ekj#Fek\ieXk‘feXc#Ik[
1
2
3
400,000
400,000
200,000
1,000,000
#
QiXeZ_\#1#_X[#jXk‘j"\[#‘kj#m\jk‘e^#Zfe[‘k‘fej#Xk#30#Gle\#2016#Ylk#i\dX‘e\[#le\o\iZ‘j\[.##
QiXeZ_\#2#f]#k_‘j#fgk‘fe#gcXe#jXk‘j"\[#‘kj#m\jk‘e^#Zfe[‘k‘fe#fe#11#Glcp#2016.#
QiXeZ_\#3#i\dX‘ej#lem\jk\[#Xj#Xk#30#Gle\#2016.
Li[‘eXip
Li[‘eXip
Li[‘eXip
%2.50
%2.50
%2.50
28-C\Y-17
30-P\g-17
31-A\Z-16
$*
4<;?98@!..A.#JZ@Xccld,#[\k\id‘e\j#k_\#jXcXip#
gXZbX^\#f]#k_\#@BL#f]#k_\#ZfdgXep#Xe[#i\m‘\nj#k_\#
Zfdg\ejXk‘fe#f]#k_\#efe-\o\Zlk‘m\#[‘i\Zkfij#fe#Xe#XeelXc#
YXj‘j.#@_Xe^\j#Xi\#Xggifm\[#Yp#k_\#YfXi[#Xj#X#n_fc\.
KW^Sf[a‘eZ[b#TWfiWW‘#fZW#KW_g‘WdSf[a‘#Ia^[Uk#S‘V#
Q#(e\k#gif"k#X]k\i#kXo),#lj\[#kf#[‘i\Zkcp#c‘eb#ZfdgXep#
\Xie‘e^j#Xe[#ZXj_#Yfelj\j#Xe[#fk_\i#fg\iXk‘feXc#d\Xjli\j,#
k_\#XZ_‘\m\d\ek#f]#n_‘Z_#gifm‘[\j#k_\#YXj‘j#]fi#]lkli\#
^ifnk_#Xe[#gif"kXY‘c‘kp.
Q_\#kXYc\#Xe[#^iXg_#Y\cfn#[\g‘Zk#k_\#ZfdgXepxj#\Xie‘e^j#
]fi#k_\#Zlii\ek#"eXeZ‘Xc#p\Xi#Xe[#k_\#gi\m‘flj#j‘o#"eXeZ‘Xc#
p\Xij,#n_‘Z_#[\dfejkiXk\#k_Xk#k_\#ZfdgXep#_Xj#Y\\e#
Zfej‘jk\ekcp#gif"kXYc\.#
(,1!)0/-.1!’-1,0!*+2!%#$#"%#$&
$
$
$
!
+
’"$$$
&")$$
&"$$$
%")$$
%"$$$
)$$
#
&$%$
&$%%
&$%&
&$%’
&$%(
&$%)
&$%*
Q_\#]fccfn‘e^#kXYc\#j_fnj#k_\#ZfdgXepxj#j_Xi\#gi‘Z\j#]fi#k_\#Zlii\ek#"eXeZ‘Xc#p\Xi#Xe[#k_\#gi\m‘flj#]fli#"eXeZ‘Xc#p\Xij.
0./.
0.//
0./0
0./1
0./2
0./3
0./4
P_Xi\#gi‘Z\#-#jkXik#(%)
P_Xi\#gi‘Z\#-#\e[#(%)
Fek\i‘d#A‘m‘[\e[#(Zgj)*
C‘eXc#A‘m‘[\e[#(Zgj)*
?Xj‘Z#BXie‘e^j#g\i#P_Xi\#(Zgj)
A‘clk\[#BXie‘e^j#g\i#P_Xi\#(Zgj)
*CiXeb\[#kf#100&#Xk#30&#ZfigfiXk\#‘eZfd\#kXo#iXk\.
0.18
0.22
-
-
1.70
1.70
0.22
0.40
-
3.00
3.40
3.40
0.40
0.79
3.00
3.00
5.10
5.10
0.79
1.27
3.00
2.00
4.10
4.10
1.27
1.32
-
-
1.50
1.50
1.32
2.68
-
-
2.65
2.65
2.68
6.10
2.00
2.00
2.71
2.68
+BBH8@!0?B8B9?8@!6#]lik_\i#2Z#]lcc#]iXeb\[#[‘m‘[\e[#g\i#]lccp#gX‘[#fi[‘eXip#j_Xi\#_Xj#Y\\e#[\ZcXi\[#]fi#k_\#]lcc#p\Xi.
>^W_W‘fe#aX#V[dWUfad#S‘V#WjWUgf[hW#dW_g‘WdSf[a‘
O\dle\iXk‘fe#gXZbX^\j#ZfekX‘e#k_\#]fccfn‘e^#b\p#\c\d\ekj;
1.# Mi‘dXip#Y\e\"kj#|#jXcXip/]\\j#Xe[#ZXj_#Yfelj\j
2.# Mfjk-\dgcfpd\ek#Y\e\"kj#|#jlg\iXeelXk‘fe
3.# Bhl‘kp#|#i‘^_kj#kf#j_Xi\j#^iXek\[#le[\i#k_\#@_‘\]#Bo\Zlk‘m\#L]"Z\i#Ife^#Q\id#FeZ\ek‘m\#McXe#(@BL#IQFM).#
Q_\#]fccfn‘e^#kXYc\#[‘jZcfj\j#k_\#i\dle\iXk‘fe#f]#k_\#[‘i\Zkfij#f]#k_\#ZfdgXep#‘e#2016;
Iaef#
>_b^ak_W‘f
Ea‘Y+fWd_#
W_b^akWW#
TW‘W"fe
LZSdW+;SeWV#
ISk_W‘fe
MafS^
#!"%
LZadf+MWd_#>_b^akWW#;W‘W"fe
=[dWUfade
A.#G.#T‘cc‘Xdj
>.#A.#JZ@Xccld
E.#C.#Lo\i
J.#Gf_ejkfe
I.#EfXi\
M.G.#Mfn\cc
?WWe##
$
;a‘ge#
$
LgbWdS‘‘gSf[a‘#
$
eWdh[UW#^WShW#
$
61,644
37,671
37,671
37,671
37,671
19,671
231,999
-
-
-
-
-
-
-
5,856
3,579
3,579
3,579
3,579
19,869
40,041
-
-
-
-
-
-
-
Hbf[a‘e##
&#K[YZfe#
$
+
+
+
+
+
+
+
$
67,500
41,250
41,250
41,250
41,250
39,540
272,040
#!"%
LZadf+MWd_#
>_b^akWW#;W‘W"fe
Iaef#
>_b^ak_W‘f
?WWe##
$
;a‘ge#
$
LgbWdS‘‘gSf[a‘#
$
Ea‘Y+fWd_#
W_b^akWW#
TW‘W"fe
LZSdW+
;SeWV#
ISk_W‘fe
eWdh[UW#
^WShW#
$
Hbf[a‘e##
&#K[YZfe#
$
MafS^
$
KW_g‘WdSf[a‘##
E[‘]WV#fa#
bWdXad_S‘UW
>jWUgf[hWe
G.#P_XidXe##
(@_‘\]#Bo\Zlk‘m\#
L]"Z\i)
J.#B[nXi[j##
(@fdgXep#P\Zi\kXip)
290,664
30,000
26,314
14,425
318,185
679,588
145,453
4,566
14,207
581
-
164,807
436,117
34,566
40,521
15,006
318,185
844,395
4&
3&
?fk_#Ji#P_XidXe#Xe[#Ji#B[nXi[j#i\dle\iXk‘fe#Zfdgi‘j\[#f]#X#g\i]fidXeZ\#i\cXk\[#Zfdgfe\ek#f]#%30,000#Xe[#%4,566#
i\jg\Zk‘m\cp.#Kf#[‘i\Zkfij#i\dle\iXk‘fe#ZfekX‘e\[#X#g\i]fidXeZ\#i\cXk\[#Zfdgfe\ek.#
Q_\#mXcl\#f]#k_\#fgk‘fej#^iXek\[#kf#Ji#P_XidXe#Xj#gXik#f]#_‘j#i\dle\iXk‘fe#nXj#ZXcZlcXk\[#Xk#^iXek#[Xk\#lj‘e^#X#Jfek\#
@Xicf#j‘dlcXk‘fe#gi‘Z‘e^#df[\c.#Q_\#df[\c#\jk‘dXk\j#k_\#XZ_‘\m\d\ek#f]#k_\#m\jk‘e^#_li[c\j#Xe[#ZXcZlcXk\[#k_\#gi\j\ek#mXcl\#
f]#k_\#gXpf]]#fe#m\jk‘e^.#Q_‘j#mXcl\#‘j#Xdfik‘j\[#fm\i#gfk\ek‘Xc#m\jk‘e^#g\i‘f[#Xe[#[‘jZcfj\[#Xj#gXik#f]#i\dle\iXk‘fe#]fi#k_\#
"eXeZ‘Xc#p\Xi#n‘k_#Xe#X[aljkd\ek#dX[\#kf#i\dle\iXk‘fe#\og\ej\#]fi#Xep#fgk‘fej#m\jk‘e^#\Xic‘\i#fi#gifYXYc\#kf#[f#jf.#
%"
4<;?98@!..#A.#JZ@Xccld
E.#C.#Lo\i
J.#SXe#Ope##
(i\j‘^e\[#28#Glcp#2014)
J.#Gf_ejkfe
I.#EfXi\
M.G.#Mfn\cc##
(Xggf‘ek\[#17#A\Z\dY\i#2014)
LZadf+MWd_#
>_b^akWW#;W‘W"fe
Iaef#
>_b^ak_W‘f
LS^Sdk##
&#?WWe#
$
54,795
34,247
34,247
2,854
34,247
34,247
12,843
207,480
;a‘ge#
$
LgbWdS‘‘gSf[a‘#
$
-
-
-
-
-
-
-
-
5,205
3,253
3,253
271
3,253
3,253
6,928
25,416
Ea‘Y+fWd_#
W_b^akWW#
TW‘W"fe
Ea‘Y#eWdh[UW#
^WShW#
$
-
-
-
-
-
-
-
-
LZSdW+;SeWV#
ISk_W‘fe
MafS^
Hbf[a‘e##
&#K[YZfe#
$
-
-
-
-
-
-
-
-
$
60,000
37,500
37,500
3,125
37,500
37,500
19,771
232,896
Q_\#]fccfn‘e^#kXYc\#[‘jZcfj\j#k_\#i\dle\iXk‘fe#f]#k_\#b\p#\o\Zlk‘m\j#f]#k_\#ZfdgXep#‘e#2015;
#!"$
>jWUgf[hWe
G.#P_XidXe#(@_‘\]#Bo\Zlk‘m\#
L]"Z\i)
J.#B[nXi[j#(@fdgXep#
P\Zi\kXip)
LS^Sdk##
&#?WWe#
$
275,132
141,876
417,008
LZadf+MWd_#
>_b^akWW#;W‘W"fe
Iaef#
>_b^ak_W‘f
;a‘ge#
$
LgbWdS‘‘gSf[a‘#
$
Ea‘Y+fWd_#
W_b^akWW#
TW‘W"fe
Ea‘Y#eWdh[UW#
^WShW#
$
LZSdW+;SeWV#
ISk_W‘fe
MafS^
Hbf[a‘e##
&#K[YZfe#
$
$
-
-
-
24,868
8,161
13,478
277
38,346
8,438
-
-
-
308,161
155,631
463,792
Kf#b\p#dXeX^\d\ek#g\ijfee\c#Xggf‘ek\[#[li‘e^#k_\#g\i‘f[#i\Z\‘m\[#X#gXpd\ek#Xj#gXik#f]#_‘j#fi#_\i#Zfej‘[\iXk‘fe#]fi#
X^i\\‘e^#kf#_fc[#k_\#gfj‘k‘fe.
>^W_W‘fe#aX#dW_g‘WdSf[a‘#dW^SfWV#fa#bWdXad_S‘UW
C\\j#gX‘[#kf#efe-\o\Zlk‘m\#[‘i\Zkfij#Xi\#efk#[‘i\Zkcp#k‘\[#kf#g\i]fidXeZ\.#PXcXi‘\j#gX‘[#kf#k_\#b\p#\o\Zlk‘m\j#Xi\#Xcjf#efk#
[‘i\Zkcp#k‘\[#kf#g\i]fidXeZ\.#Q_\#j_fik#k\id#Xe[#cfe^-k\id#‘eZ\ek‘m\#gif^iXdd\j#Xi\#[‘i\Zkcp#i\cXk\[#kf#g\i]fidXeZ\,#Xe[#
k_\#Zfe[‘k‘fej#Xe[#Xjj\jjd\ek#d\k_f[j#Xi\#\ogcX‘e\[#Y\cfn.
LZadf+fWd_#[‘UW‘f[hWe
Q_\#[\k\id‘eXk‘fe#Xe[#XggifmXc#f]#Xep#gfk\ek‘Xc#Yfelj\j#‘j#Xk#k_\#[‘jZi\k‘fe#f]#k_\#?fXi[.#
Ali‘e^#k_\#2016#"eXeZ‘Xc#p\Xi,#[‘jZi\k‘feXip#Yfelj\j#kfkXcc‘e^#%34,566#(2015;#%e‘c)#n\i\#[\k\id‘e\[#Xe[#Xggifm\[#Yp#k_\#
O\dle\iXk‘fe#Xe[#Kfd‘eXk‘fej#@fdd‘kk\\#‘e#i\cXk‘fe#kf#b\p#dXeX^\d\ek#g\ijfee\c#‘e#i\jg\Zk#f]#k_\‘i#g\i]fidXeZ\#‘e#k_\#
2015#"eXeZ‘Xc#p\Xi.#
+BBH8@!0?B8B9?8@!6Zk#2001.#Q_\#efe-Xl[‘k#j\im‘Z\j#
i\cXk\[#kf#k_\#gifm‘j‘fe#f]#kXoXk‘fe#Xe[#fk_\i#XZZflek‘e^#
Xe[#XjjliXeZ\#j\im‘Z\j#Xe[#kfkXcc\[#%86,875.#Q_\#[‘i\Zkfij#
[f#efk#Y\c‘\m\#k_Xk#k_\#gifm‘j‘fe#f]#X[m‘Z\#f]#k_‘j#eXkli\#
Zfdgifd‘j\j#k_\#^\e\iXc#gi‘eZ‘gc\j#i\cXk‘e^#kf#Xl[‘kfixj#
‘e[\g\e[\eZ\,#Xj#j\k#flk#Yp#k_\#Fejk‘klk\#f]#@_Xik\i\[#
>ZZflekXekj#‘e#>ljkiXc‘X.
A\kX‘cj#f]#Xdflekj#gX‘[#fi#gXpXYc\#kf#k_\#Xl[‘kfi#]fi#efe-
Xl[‘k#j\im‘Z\j#gifm‘[\[#[li‘e^#k_\#p\Xi#Yp#k_\#Xl[‘kfi#Xi\#
flkc‘e\[#‘e#efk\#7#kf#k_\#"eXeZ‘Xc#jkXk\d\ekj.
#
Q_\#Xl[‘kfixj#‘e[\g\e[\eZ\#[\ZcXiXk‘fe#‘j#‘eZcl[\[#fe#gX^\#
33#f]#k_\#XeelXc#i\gfik.
Kag‘V[‘Y#aXX#aX#S_ag‘fe
Q_\#ZfdgXep#‘j#X#ZfdgXep#f]#k_\#b‘e[#i\]\ii\[#kf#‘e#
>PF@#@cXjj#Li[\i#98/0100,#[Xk\[#10#Glcp#1998,#Xe[#‘e#
XZZfi[XeZ\#n‘k_#k_Xk#@cXjj#Li[\i#Xdflekj#‘e#k_\#[‘i\Zkfijx#
i\gfik#Xe[#k_\#"eXeZ‘Xc#i\gfik#Xi\#ifle[\[#f]]#kf#k_\#e\Xi\jk#
k_fljXe[#[fccXij#lec\jj#fk_\in‘j\#‘e[‘ZXk\[.
P‘^e\[#‘e#XZZfi[XeZ\#n‘k_#X#i\jfclk‘fe#f]#k_\#[‘i\Zkfij#dX[\#
glijlXek#kf#j.298(2)#f]#k_\#@figfiXk‘fej#>Zk#2001.
Le#Y\_Xc]#f]#k_\#[‘i\Zkfij.
=Sh[V#P[^^[S_e
@_X‘idXe
J\cYflie\,#18#>l^ljk#2016
%$
4<;?98@!.NUKX^[WN F;4 )&&&
8A@ 3Xa -.
>NUKX^[WN F;4 )&&’ 2^\][JURURJ
DNU0 #,’,’ !&" ) /,-,-’ -&&&
7Ja0 #,’,’ !&" ) /,-’ -&-&&’
‘‘‘%MNUXR]]]]N%LXV%J^
DQN 3XJ[M XO 5R[NL]X]X[\
>NMRLJLJU 5N_NUXYVNW]\ ;W;W]N[WJ]RXWJU =RVR]NM
* 4J[RKKNJW 5[R_N
CLX[N\Kb F;4 )’-/
’.’. 2^2^P^\] (&’&’,
5NJ[ 3XJXJ[M >NVKN[\
&,+/*(*(0 ",9,0341,276 $27,5252(7(7/3/32(0 %/1/7,+
;W;W JLLX[MJWLN ‘R]Q \NL]RXW )&)&-4 XO ]QN 4X[YX[J]RXW\W\ 2L] (&&’&’$ ; JV YUNJ\NM ]X]X Y[X_RMN ]QN
OXUUX‘RWP MNLUJ[J]RXW XO RWMNYNWMNWLN ]X]X ]QN MR[NL]X[\ XO >NMRLJU 5N_NUXYVNW]\ ;W]N[WJWJ]RXWJWJU
=RVR]NM%
2\ UNJM J^MR] YJ[]WN[ OX[ ]QN J^MR] XO ]Q]QN ORWJWJWLRJU \]J]NVNW]\ XO >NMRLJU 5N_NUXYVNW]\
;W]N[WJWJ]RXWJWJU =RVR]NM OX[ ]Q]QN ORWJWJWLRJU bNJ[ NWMNM )&)& <^W^WN (&’,$ ; MNLUJ[N ]QJQJ] ]X]X ]QN KN\] XO Vb
TWX‘UNMPN JWM KNURURNO$ ]QN[N QJ_N KNNW WX LXW][J_NW]W]RXW\ XO0
!R" DQN J^MR]X]X[ RWMNYNWMNWLN [NZ^R[NVNW]\ XO ]Q]QN 4X[YX[J]RXW\ 2L] (&&’ RW [NUJ]RXW ]X
]Q]QN J^MR]
!RRRR" 2W2Wb JYYURURLJKUN LXMN XO Y[XON\\\\RXWJU LXWM^L] RW [NUJ]RXW ]X]X ]QN J^MR]%
IX^[\ \RWLN[NUb
56=@;@;DD6 D@E496 D@9>2DCE
CJV^NU FXFX[‘N[P
AJ[]WN[
4QJ[]N[NM 2LLX^W]W]JW]\
=RJKRUR]b URVR]NM Kb J \LQNVN JYY[X_NM ^W^WMN[ A[XON\\\\RXWJU C]JWMJ[M\ =NPR\UJ]RXW%
>NVKN[ XO 5NUXR]]]]N DX^LQN DXQVJ]\^ =RVR]NM
+BBH8@!0?B8B9?8@!6NUKX^[WN F;4 )&&&
8A@ 3Xa -.
>NUKX^[WN F;4 )&&’ 2^\][JURURJ
5H0 ’’’’’
DNU0 #,’ ) /,-’ -&&&
7Ja0 #,’,’ ) /,-’ -&&’
‘‘‘%MNUXR]]]]N%LXV%J^
$2+,+,4,2+,+,27 !8+/7/735;6 ’,4,4357
73 7., 1,1),),56 3- &,+/*/*(0 ",9,0341,276
$27,5252(7/32(0 %/1/7,+
’,435357 32 7., #/2(2*/(0 ’,435357
GN QJQJ_N J^MR]NM ]QN JLLLLXVYJWbRWP ORWJWLRJU [NYX[] XO >NMNMRLJU 5N_NUXYVNW]W]\ ;W]N[WJ]RXWJU =RVR]NM$
‘QRLQ LXVY[R\N\ ]QN \]J]NVNW]W] XO ORWJWJWLRJU YX\R]RXW J\ J] )& <^WN (&(&’,$ \]J]NVNW]W] XO Y[XOROR] X[ UX\\
JWM X]Q]QN[ LXVY[NQNW\R_N RWLXVN$ ]QN \]J]NVNW] XO LJ\Q OUX‘\ JWM ]Q]QN \]J]NVNW]W] XO LQJWPN\ RW
NZ^R]b OX[ ]QN bNJ[ NWMNM XW ]QJ] MJ]N$ WX]N\ LXVY[R\RWP J \^VVJ[b XO \RPWRORLJLJW] JLLX^W]RWP
YXURLRN\ JWM X]QN[ NaYUJWJ]X]X[b RWOX[VJ]RXW$ JWM ]QN MR[NL]X[\c MNLUJ[J]RXW XOXO ]QN LXW\XURMJ]NM NW]W]R]b$
LXVY[R\RWP ]QN LXVYJWb JWM ]QN NW]W]R]RN\ R] LXW]W][XUUNM J] ]QN bNJ[c\ NWM X[ O[XV ]RVN ]X]X ]RVN M^[RWP
]Q]QN ORWJWLRJU bNJ[ J\J\ \N] X^] XW YJPN\ )- ]X ,.%
&5<1/>9<=A +1=;98=5.565>@ 29<9< >4>41 ’58-8/5-6 +1;9<>
DQN MR[NL]X]X[\ XOXO ]QN LXVYJWbWb J[N [N\YXW\RKUN OX[ ]QN Y[NYJ[J]RXW XO ]QN ORWJWLRJU [NYX[] ]QJ] PR_N\ J
][^N JWM OJR[ _RN` RW JLLX[MJWLN ‘R]Q 2^2^\][JURURJW 2LLX^W]W]RWP C]JWMJ[M\ JWM ]QN %9<;9<->598= $/>
#!!" JWM OX[ \^LQ RW]W]N[WJWJU LXW][XU J\ ]QN MR[NL]X[\ MN]N[VRWN R\ WNLN\\J\J[b ]X NWJKUN ]QN
Y[NYJ[J]RXW XO ]QN ORWJWLRJU [NYX[] ]QJQJ] PR_N\ J ][^N JWM OJR[ _RN‘ JWM R\ O[NN O[XV VJ]N[RJU
VR\\\\]J]NVNW]$ ‘QN]QN[ M^N ]X O[J^M X[ N[[[[X[X[% ;W ?X]N ’$ ]QN MR[NL]X]X[\ JU\X \]J]N$ RW JLLX[MJWLN ‘R]Q
2LLX^W]W]RWP C]JWMJ[M 2222C3 ’&’&’ *<1=18>->598 92 ’58-8-8/5-6 ,>->1718>=$ ]Q]QJ]
]QN LXW\XURMJ]NM
ORWJWLRJU \]J]NVNW]\ LXVYUb ‘R]Q]Q ;W;W]N[WJ]RXWJU 7RWJWLRJU BNYX[]RWP C]C]JWMJ[M\%
$?$?05>9@>@
@^@^[ [N\YXW\RKRUR]b R\ ]X NaY[N\\ JW XYRWRXW XW ]QN ORWJWLRJU [NYX[] KJ\NM XW X^[ J^MR]% GN LXWM^L]NM
X^[ J^MR] RW JLLX[MJWLN ‘R]Q]Q 2^2^\][JURURJW 2^MR]RWP C]C]JWMJ[M\%\% DQX\N \]JWMJ[M\ [NZ^R[N ]QJ] ‘N
LXVYUb ‘R]Q]Q [NUN_JW]W] N]Q]QRLJLJU [NZ^R[NVNW]\ [NUJ]RWP ]X J^MR] NWPJPNVNW]\ JWM YUJW JWM YN[OX[V ]QN
J^MR]
R\ O[NN O[XVXV VJ]N[RJU
VR\\\\]J]NVNW]%
]X]X XK]JRW [NJ\J\XWJKUN J\\\\^[JWLN ‘QN]QN[
]QN ORWJWJWLRJU
[NYX[]
2W2W J^MR] RW_XU_N\ YN[OX[VRVRWP Y[XLNM^[N\ ]X]X XK]JRW J^MR] N_RMNWLN JKX^] ]QN JVX^W]\ JWM
MR\L\LUX\^[N\ RW ]Q]QN ORWJWLRJU [NYX[]% DQN Y[XLNM^[N\ \NUNL]NM MNYNWM XW ]QN J^MR]X]X[c\ S^MPNVNW]$
RWLU^MRWP ]Q]QN J\\N\\VNW] XO ]Q]QN [R\T\ XO VJ]N[RJU VR\\]J]NVNW]W] XO ]Q]QN ORWJWJWLRJU [NYX[]$ ‘QN]QN[ M^N^N
]X]X O[J^M X[ N[[X[% ;W VJTRWP ]Q]QX\N [R\T J\J\\N\\VNW]W]\$ ]QN J^MR]X]X[ LXW\RMN[\ RW]N[WJU LXW][XU$ [NUN_JW]
]X]X ]Q]QN LXVYJWbc\ Y[NYJ[J]RXW XO ]Q]QN ORWJWJWLRJU [NYX[] ]Q]QJ] PR_N\ J ][^N JWM OJR[ _RN‘$‘$ RW X[MN[ ]X
MN\RPW J^MR] Y[XLNM^[N\ ]QJQJ] J[N JYY[XY[RJ]N RW ]QN LR[L^V\]JWLN\$\$ K^]^] WX]X] OX[ ]QN Y^[YX\N XO
NaY[N\\RWP JW XYRWRXW XW ]QN NOOOONL]R_NWN\\ XO ]QN LXVYJWbc\ RW]N[WJU LXW]W][XU% 2W2W J^MR] JU\X RWLU^MN\
N_JU^J]RWP ]QN JYYYY[XY[RJ]NWN\\\\ XO JLLX^W]W]RWP YXURLRN\ ^\NM JWM ]QN [NJ\J\XWJKUNWN\\ XO JLLX^W]RWP
N\]RVJ]N\ VJMN Kb ]Q]QN MR[NL]X]X[\$ J\ ‘NUUUU J\ N_JU^J]RWP ]Q]QN X_N[JUUUU Y[N\NW]W]J]RXW XO ]QN ORWJWLRJU
[NYX[]%]%
GN KNURURN_N ]QJ] ]QN J^MR] N_RMNWLN ‘N QJQJ_N XK]JRWNM R\ \^OORLRNW]W] JWM JYY[XY[RJ]N ]X]X Y[X_RMN J
KJ\R\ OX[ X^[ J^MR] XYRWRXW%
$?$?05>9>959898
;W;W LXWM^L]RWP X^[ J^MR]$ ‘N QJQJ_N LXVYURURNM ‘R]Q]Q ]QN RWMNYNWMNWLN [NZ^R[NVNW]W]\ XO ]QN %9<;9<->598=
$/> #!!"% GN LXWOR[V ]QJ] ]QN RWMNYNWMNWLN MNLUJ[J]RXW [NZ^R[NM Kb ]QN %9<;9<->598= $/> #!!"$
=RJKRUR]b URVR]NM Kb J \LQNVN JYY[X_NM ^W^WMN[ A[XON\\RXWJU C]JWMJ[M\ =NPR\UJ]RXW%
>NVKN[ XO 5NUXR]]]]N DX^LQN DXQVJ]\^ =RVR]NM
%&%&
4<;?98@!.NMRLJU 5N_NUXYVNW]\ ;W]N[WJ]RXWJU =RVR]NM$ ‘X^UM KN RW
]QN \JVN ]N[V\ RO PR_NW ]X ]QN MR[NL]X[\ J\ J] ]QN ]RVN XO ]QR\ J^MR]X[c\ [NYX[]%
);58598
;W X^[ XYRWRXW0
!J" ]QN ORWJWLRJU [NYX[] XO >NMRLJU 5N_NUXYVNW]\ ;W]N[WJ]RXWJU =RVR]NM R\ RW JLLX[MJWLN ‘R]Q ]QN
%9<;9<->598= $/> #!!"$ RWLU^MRWP0
!R" PR_RWP J ][^N JWM OJR[ _RN‘ XO ]QN LXW\XURMJ]NM NW]R]bc\ ORWJWLRJU YX\R]RXW J\ J] )& <^WN (&’,
JWM XO R]\ YN[OX[VJWLN OX[ ]QN bNJ[ NWMNM XW ]QJ] MJ]N1 JWM
!RR" LXVYUbRWP ‘R]Q 2^\][JURJW 2LLX^W]RWP C]JWMJ[M\ JWM ]QN %9<;9<->598= +13?6->598= #!!"1
JWM
!K" ]QN LXW\XURMJ]NM ORWJWLRJU \]J]NVNW]\ JU\X LXVYUb ‘R]Q ;W]N[WJ]RXWJU 7RWJWLRJU BNYX[]RWP
C]JWMJ[M\ J\ MR\LUX\NM RW ?X]N ’%
’,4357 32 7., ’,182,5(7/32 ’,4357
GN QJ_N J^MR]NM ]QN BNV^WN[J]RXW BNYX[] RWLU^MNM RW YJPN\ (- ]X )( XO ]QN MR[NL]X[\c [NYX[] OX[
]QN bNJ[ NWMNM )& <^WN (&’,% DQN MR[NL]X[\ XO ]QN LXVYJWb J[N [N\YXW\RKUN OX[ ]QN Y[NYJ[J]RXW JWM
Y[N\NW]J]RXW XO ]QN BNV^WN[J]RXW BNYX[] RW JLLX[MJWLN ‘R]Q \NL]RXW )&&2 XO ]QN %9<;9<->598= $/>
#!!"% @^[ [N\YXW\RKRUR]b R\ ]X NaY[N\\ JW XYRWRXW XW ]QN BNV^WN[J]RXW BNYX[]$ KJ\NM XW X^[ J^MR]
LXWM^L]NM RW JLLX[MJWLN ‘R]Q 2^\][JURJW 2^MR]RWP C]JWMJ[M\%
);58598
;W X^[ XYRWRXW ]QN BNV^WN[J]RXW BNYX[] XO >NMRLJU 5N_NUXYVNW]\ ;W]N[WJ]RXWJU =RVR]NM OX[ ]QN bNJ[
NWMNM )& <^WN (&’,$ LXVYURN\ ‘R]Q \NL]RXW )&&2 XO ]QN %9<;9<->598= $/> #!!"%
56=@;DD6 D@E496 D@9>2DCE
CJV^NU FX[‘N[P
AJ[]WN[
4QJ[]N[NM 2LLX^W]JW]\
>NUKX^[WN$ ’. 2^P^\] (&’,
+BBH8@!0?B8B9?8@!6Zk#2001,#‘eZcl[‘e^#Zfdgc‘XeZ\#
n‘k_#XZZflek‘e^#jkXe[Xi[j#Xe[#^‘m‘e^#X#kil\#Xe[#]X‘i#
m‘\n#f]#k_\#"eXeZ‘Xc#gfj‘k‘fe#Xe[#g\i]fidXeZ\#f]#k_\#
Zfejfc‘[Xk\[#\ek‘kp<#
Z)# #k_\#XkkXZ_\[#"eXeZ‘Xc#jkXk\d\ekj#Xi\#‘e#Zfdgc‘XeZ\#n‘k_#
Fek\ieXk‘feXc#C‘eXeZ‘Xc#O\gfik‘e^#PkXe[Xi[j,#Xj#jkXk\[#‘e#
efk\#1#f]#k_\#"eXeZ‘Xc#jkXk\d\ekj<#Xe[
[)# #k_\#[‘i\Zkfij#_Xm\#Y\\e#^‘m\e#k_\#[\ZcXiXk‘fej#i\hl‘i\[#
Yp#j.295>#f]#k_\#@figfiXk‘fej#>Zk#2001.
P‘^e\[#‘e#XZZfi[XeZ\#n‘k_#X#i\jfclk‘fe#f]#k_\#[‘i\Zkfij#dX[\#
glijlXek#kf#j.295(5)#f]#k_\#@figfiXk‘fej#>Zk#2001.
Le#Y\_Xc]#f]#k_\#A‘i\Zkfij#
#
=Sh[V#P[^^[S_e
@_X‘idXe
J\cYflie\,#18#>l^ljk#2016
#
%(
4<;?98@!.[d‘e‘jkiXk‘fe#\og\ej\j
O\^lcXkfip#Xe[#i\^‘jkiXk‘fe#\og\ej\j
C‘eXeZ\#\og\ej\j
Lk_\i#\og\ej\j
2EB"G#69;BE9#>A7B@9#G5K#9KC9AF9
FeZfd\#kXo#(\og\ej\)/Y\e\"k
5(X)
2EB"G#;BE#G=9#L95E
HfZWd#6HG56?9#GB(
Lne\ij#f]#k_\#gXi\ek
1,569
1,583
4BG5?#7B@CE9=9AF>I9#>A7B@9#;BE#G=9#L95E#5GGE>6HG56?9#GB(
Hi‘Wde#aX#fZW#bSdW‘f
1,487
1,583
,5EA>A56>?>G>9F
QiX[\#Xe[#fk_\i#gXpXYc\j
?fiifn‘e^j
Mifm‘j‘fej
@lii\ek#kXo#c‘XY‘c‘k‘\j
Lk_\i
MafS^#56>?>G>9F
A\]\ii\[#kXo#c‘XY‘c‘k‘\j
?fiifn‘e^j
Mifm‘j‘fej
Lk_\i
4BG5?#0BA&*HEE9AG#/>56>?>G>9F
4BG5?#/>56>?>G>9F
GWf#9eeWfe
,DH>GL
Fjjl\[#ZXg‘kXc
O\j\im\j
O\kX‘e\[#\Xie‘e^j
MafS^#>cg[fk
Kfk\j#kf#k_\#"eXeZ‘Xc#jkXk\d\ekj#Xi\#‘eZcl[\[#fe#gX^\j#41-67#
%*
4<;?98@!._b^akWW#
Wcg[fk#
eWff^WV#
TW‘W"fe#
dWeWdhW#
$l...
?adW[Y‘#
UgddW‘Uk#
fdS‘e^Sf[a‘#
dWeWdhW#
$l...
KWfS[‘WV#
WSd‘[‘Ye#
$l...
6,440
1,569
-
1,569
-
-
-
-
-
318
(1,157)
-
-
-
-
-
-
-
MafS^#
$l...
17,407
1,569
(82)
1,487
318
(1,157)
440
534
(4)
21
-
(82)
(82)
-
-
-
-
-
11,916
6,852
318
(61)
19,025
#!"%
1C9A>A<#65?5A79
Mif"k#]fi#k_\#p\Xi
Lk_\i#Zfdgi\_\ej‘m\#‘eZfd\#]fi#k_\#p\Xi,#e\k#f]#‘eZfd\#kXo
QfkXc#Zfdgi\_\ej‘m\#‘eZfd\#]fi#k_\#p\Xi
P_Xi\#YXj\[#gXpd\ekj
A‘m‘[\e[j#gX‘[
P_Xi\j#‘jjl\#i\cXk\[#kf#Ylj‘e\jj#XZhl‘j‘k‘fe
A‘m‘[\e[j#i\‘em\jk\[#‘e#k_\#]fid#f]#j_Xi\j
Bhl‘kp#iX‘j‘e^#Zfjkj
<^ae[‘Y#TS^S‘UW
?[‘S‘U[S^#QWSd#>‘VWV#1.#Cg‘W#0./3#
#!"$
1C9A>A<#65?5A79
Mif"k#]fi#k_\#p\Xi
Lk_\i#Zfdgi\_\ej‘m\#‘eZfd\#]fi#k_\#p\Xi,#e\k#f]#‘eZfd\#kXo
QfkXc#Zfdgi\_\ej‘m\#‘eZfd\#]fi#k_\#p\Xi
P_Xi\#YXj\[#gXpd\ekj
A‘m‘[\e[j#i\‘em\jk\[#‘e#k_\#]fid#f]#j_Xi\j
A‘m‘[\e[j#gX‘[
<^ae[‘Y#TS^S‘UW
BeegWV#
USb[fS^#
$l...
10,946
-
-
-
-
-
440
534
(4)
BeegWV#
USb[fS^#
$l...
10,946
-
-
-
-
-
-
#
Kfk\j#kf#k_\#"eXeZ‘Xc#jkXk\d\ekj#Xi\#‘eZcl[\[#fe#gX^\j#41-67
10,946
6,440
>_b^akWW#
Wcg[fk#
eWff^WV#
TW‘W"fe#
dWeWdhW#
$l...
?adW[Y‘#
UgddW‘Uk#
fdS‘e^Sf[a‘#
dWeWdhW#
$l...
KWfS[‘WV#
WSd‘[‘Ye#
$l...
MafS^#
$l...
4,911
1,529
-
1,529
-
-
-
-
-
-
-
-
-
-
(33)
15,824
-
54
54
-
-
-
1,529
54
1,583
-
-
-
21
17,407
+BBH8@!0?B8B9?8@!6A<#57G>I>G>9F
O\Z\‘gkj#]ifd#Zljkfd\ij
MXpd\ekj#kf#jlggc‘\ij#Xe[#\dgcfp\\j
O\Z\‘gkj#]ifd#^fm\ied\ek#^iXekj
Rg]ifek#Xe[#d‘c\jkfe\#gXpd\ekj#i\Z\‘m\[
Fek\i\jk#gX‘[
FeZfd\#kXo#i\Z\‘m\[/(gX‘[)
K\k#ZXj_#^\e\iXk\[#Yp#fg\iXk‘e^#XZk‘m‘k‘\j
29(Y)
*5F=#!BJF#;EB@#>AI9FG>A<#57G>I>G>9F
Fek\i\jk#i\Z\‘m\[
MXpd\ekj#]fi#gcXek#Xe[#\hl‘gd\ek
MXpd\ekj#]fi#fk_\i#‘ekXe^‘Yc\#Xjj\kj
MXpd\ekj#]fi#Ylj‘e\jj#XZhl‘j‘k‘fe
K\k#ZXj_#lj\[#‘e#‘em\jk‘e^#XZk‘m‘k‘\j
*5F=#!BJF#;EB@#"A5A7>A<#57G>I>G>9F
A‘m‘[\e[j#gX‘[#(e\k#f]#AOM)
P_Xi\#‘jjl\#kiXejXZk‘fe#Zfjkj
MXpd\ekj#]fi#_‘i\#gliZ_Xj\#"eXeZ\
O\gXpd\ek#f]#Yfiifn‘e^j
K\k#ZXj_#(lj\[#‘e)/^\e\iXk\[#Yp#"eXeZ‘e^#XZk‘m‘k‘\j
24
16
16
12,689
(11,050)
-
10,858
(24)
(406)
12,067
22
(1,421)
(2,724)
(2,029)
(6,152)
(623)
(4)
(92)
(538)
(1,257)
12,135
(9,245)
111
-
(65)
423
3,359
5
(555)
(957)
-
(1,507)
-
-
(46)
(2,534)
(2,580)
09G#$897E95F9%’>A7E95F9#>A#75F=#5A8#75F=#9DH>I5?9AGF
4,658
(728)
*5F=#5A8#75F=#9DH>I5?9AGF#5G#G=9#69<>AA>A<#B;#G=9#"A5A7>5?#L95E
954
1,659
B]]\Zkj#f]#\oZ_Xe^\#iXk\#Z_Xe^\j#fe#k_\#YXcXeZ\#f]#ZXj_#_\c[#‘e#]fi\‘^e#
Zlii\eZ‘\j
8
*5F=#5A8#75F=#9DH>I5?9AGF#5G#G=9#9A8#B;#G=9#"A5A7>5?#L95E
29(X)
5,620
23
954
Kfk\j#kf#k_\#"eXeZ‘Xc#jkXk\d\ekj#Xi\#‘eZcl[\[#fe#gX^\j#41-67
&"
4<;?98@!.Zk#2001,#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#
Xe[#Fek\igi\kXk‘fej,#Xe[#Zfdgc‘\j#n‘k_#fk_\i#i\hl‘i\d\ekj#f]#
k_\#cXn.#
Q_\#"eXeZ‘Xc#jkXk\d\ekj#Zfdgi‘j\#k_\#Zfejfc‘[Xk\[#"eXeZ‘Xc#
jkXk\d\ekj#f]#k_\#Diflg.
Cfi#k_\#gligfj\j#f]#gi\gXi‘e^#k_\#Zfejfc‘[Xk\[#"eXeZ‘Xc#
jkXk\d\ekj,#k_\#@fdgXep#‘j#X#]fi-gif"k#\ek‘kp.#>ZZflek‘e^#
PkXe[Xi[j#‘eZcl[\#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j.#
@fdgc‘XeZ\#n‘k_#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#\ejli\j#
k_Xk#k_\#"eXeZ‘Xc#jkXk\d\ekj#Xe[#efk\j#f]#k_\#ZfdgXep#
Zfdgcp#n‘k_#Fek\ieXk‘feXc#C‘eXeZ‘Xc#O\gfik‘e^#PkXe[Xi[j#
(wFCOPx).#
Q_\#"eXeZ‘Xc#jkXk\d\ekj#n\i\#Xlk_fi‘j\[#]fi#‘jjl\#Yp#k_\#
[‘i\Zkfij#fe#18#>l^ljk#2016.
;Se[e#aX#IdWbSdSf[a‘
Q_\#Zfejfc‘[Xk\[#"eXeZ‘Xc#jkXk\d\ekj#_Xm\#Y\\e#gi\gXi\[#
fe#k_\#YXj‘j#f]#_‘jkfi‘ZXc#Zfjk,#\oZ\gk#]fi#Z\ikX‘e#efe-
Zlii\ek#Xjj\kj#Xe[#"eXeZ‘Xc#‘ejkild\ekj#k_Xk#Xi\#d\Xjli\[#
Xk#i\mXcl\[#Xdflekj#fi#]X‘i#mXcl\j,#Xj#\ogcX‘e\[#‘e#k_\#
XZZflek‘e^#gfc‘Z‘\j#Y\cfn.#E‘jkfi‘ZXc#Zfjk#‘j#^\e\iXccp#YXj\[#
fe#k_\#]X‘i#mXcl\j#f]#k_\#Zfej‘[\iXk‘fe#^‘m\e#‘e#\oZ_Xe^\#]fi#
^ff[j#Xe[#j\im‘Z\j.#>cc#Xdflekj#Xi\#gi\j\ek\[#‘e#>ljkiXc‘Xe#
[fccXij,#lec\jj#fk_\in‘j\#efk\[.
CX‘i#mXcl\#‘j#k_\#gi‘Z\#k_Xk#nflc[#Y\#i\Z\‘m\[#kf#j\cc#Xe#Xjj\k#
fi#gX‘[#kf#kiXej]\i#X#c‘XY‘c‘kp#‘e#Xe#fi[\icp#kiXejXZk‘fe#Y\kn\\e#
dXib\k#gXik‘Z‘gXekj#Xk#k_\#d\Xjli\d\ek#[Xk\,#i\^Xi[c\jj#f]#
n_\k_\i#k_Xk#gi‘Z\#‘j#[‘i\Zkcp#fYj\imXYc\#fi#\jk‘dXk\[#lj‘e^#
Xefk_\i#mXclXk‘fe#k\Z_e‘hl\.#Fe#\jk‘dXk‘e^#k_\#]X‘i#mXcl\#
f]#Xe#Xjj\k#fi#X#c‘XY‘c‘kp,#k_\#Diflg#kXb\j#‘ekf#XZZflek#k_\#
Z_XiXZk\i‘jk‘Zj#f]#k_\#Xjj\k#fi#c‘XY‘c‘kp#‘]#dXib\k#gXik‘Z‘gXekj#
nflc[#kXb\#k_fj\#Z_XiXZk\i‘jk‘Zj#‘ekf#XZZflek#n_\e#gi‘Z‘e^#
k_\#Xjj\k#fi#c‘XY‘c‘kp#Xk#k_\#d\Xjli\d\ek#[Xk\.#CX‘i#mXcl\#
]fi#d\Xjli\d\ek#Xe[/fi#[‘jZcfjli\#gligfj\j#‘e#k_\j\#
Zfejfc‘[Xk\[#"eXeZ‘Xc#jkXk\d\ekj#‘j#[\k\id‘e\[#fe#jlZ_#X#
YXj‘j,#\oZ\gk#]fi#j_Xi\-YXj\[#gXpd\ek#kiXejXZk‘fej#k_Xk#Xi\#
n‘k_‘e#k_\#jZfg\#f]#>>P?#2,#c\Xj‘e^#kiXejXZk‘fej#k_Xk#Xi\#
n‘k_‘e#k_\#jZfg\#f]#>>P?#117,#Xe[#d\Xjli\d\ekj#k_Xk#_Xm\#
jfd\#j‘d‘cXi‘k‘\j#kf#]X‘i#mXcl\#Ylk#Xi\#efk#]X‘i#mXcl\,#jlZ_#Xj#
e\k#i\Xc‘jXYc\#mXcl\#‘e#>>P?#2#fi#mXcl\#‘e#lj\#‘e#>>P?#136.
Fe#X[[‘k‘fe,#]fi#"eXeZ‘Xc#i\gfik‘e^#gligfj\j,#]X‘i#mXcl\#
d\Xjli\d\ekj#Xi\#ZXk\^fi‘j\[#‘ekf#I\m\c#1,#2#fi#3#
YXj\[#fe#k_\#[\^i\\#kf#n_‘Z_#k_\#‘eglkj#kf#k_\#]X‘i#mXcl\#
d\Xjli\d\ekj#Xi\#fYj\imXYc\#Xe[#k_\#j‘^e‘"ZXeZ\#f]#k_\#
‘eglkj#kf#k_\#]X‘i#mXcl\#d\Xjli\d\ek#‘e#‘kj#\ek‘i\kp,#n_‘Z_#Xi\#
[\jZi‘Y\[#Xj#]fccfnj;
{
{
{
I\m\c#1#‘eglkj#Xi\#hlfk\[#gi‘Z\j#(leX[aljk\[)#‘e#XZk‘m\#
dXib\kj#]fi#‘[\ek‘ZXc#Xjj\kj#fi#c‘XY‘c‘k‘\j#k_Xk#k_\#\ek‘kp#
ZXe#XZZ\jj#Xk#k_\#d\Xjli\d\ek#[Xk\<
I\m\c#2#‘eglkj#Xi\#‘eglkj,#fk_\i#k_Xe#hlfk\[#gi‘Z\j#
‘eZcl[\[#n‘k_‘e#I\m\c#1,#k_Xk#Xi\#fYj\imXYc\#]fi#k_\#Xjj\k#
fi#c‘XY‘c‘kp,#\‘k_\i#[‘i\Zkcp#fi#‘e[‘i\Zkcp<#Xe[
I\m\c#3#‘eglkj#Xi\#lefYj\imXYc\#‘eglkj#]fi#k_\#Xjj\k#
fi#c‘XY‘c‘kp.
Q_\#ZfdgXep#‘j#X#ZfdgXep#f]#k_\#b‘e[#i\]\ii\[#kf#‘e#
>PF@#@cXjj#Li[\i#98/0100,#[Xk\[#10#Glcp#1998,#Xe[#‘e#
XZZfi[XeZ\#n‘k_#k_Xk#@cXjj#Li[\i#Xdflekj#‘e#k_\#"eXeZ‘Xc#
i\gfik#Xi\#ifle[\[#f]]#kf#k_\#e\Xi\jk#k_fljXe[#[fccXij,#
lec\jj#fk_\in‘j\#efk\[.
;Se[e#aX#Ua‘ea^[VSf[a‘
Q_\#Zfejfc‘[Xk\[#"eXeZ‘Xc#jkXk\d\ekj#‘eZfigfiXk\#k_\#
"eXeZ‘Xc#jkXk\d\ekj#f]#k_\#@fdgXep#Xe[#\ek‘k‘\j#(‘eZcl[‘e^#
jg\Z‘Xc#gligfj\#\ek‘k‘\j)#Zfekifcc\[#Yp#k_\#@fdgXep#(‘kj#
jlYj‘[‘Xi‘\j).#@fekifc#‘j#XZ_‘\m\[#n_\i\#k_\#@fdgXep#_Xj#
k_\#gfn\i#kf#^fm\ie#k_\#"eXeZ‘Xc#Xe[#fg\iXk‘e^#gfc‘Z‘\j#f]#
Xe#\ek‘kp#jf#Xj#kf#fYkX‘e#Y\e\"kj#]ifd#‘kj#XZk‘m‘k‘\j.
+BBH8@!0?B8B9?8@!6cc#‘ekiX-^iflg#kiXejXZk‘fej,#YXcXeZ\j,#‘eZfd\#Xe[#\og\ej\j#
Xi\#\c‘d‘eXk\[#‘e#]lcc#fe#Zfejfc‘[Xk‘fe.
@_Xe^\j#‘e#k_\#Diflgxj#fne\ij_‘g#‘ek\i\jkj#‘e#jlYj‘[‘Xi‘\j#
k_Xk#[f#efk#i\jlck#‘e#k_\#Diflg#cfj‘e^#Zfekifc#Xi\#XZZflek\[#
]fi#Xj#\hl‘kp#kiXejXZk‘fej.#Q_\#ZXiip‘e^#Xdflekj#f]#k_\#
Diflgxj#‘ek\i\jkj#Xe[#k_\#efe-Zfekifcc‘e^#‘ek\i\jkj#Xi\#
X[aljk\[#kf#i\!\Zk#k_\#Z_Xe^\j#‘e#k_\‘i#i\cXk‘m\#‘ek\i\jkj#‘e#
k_\#jlYj‘[‘Xi‘\j.#>ep#[‘]]\i\eZ\#Y\kn\\e#k_\#Xdflek#Yp#
n_‘Z_#k_\#efe-Zfekifcc‘e^#‘ek\i\jkj#Xi\#X[aljk\[#Xe[#k_\#]X‘i#
mXcl\#f]#k_\#Zfej‘[\iXk‘fe#gX‘[#fi#i\Z\‘m\[#‘j#i\Zf^e‘j\[#
[‘i\Zkcp#‘e#\hl‘kp#Xe[#Xkki‘Ylk\[#kf#fne\ij#f]#k_\#@fdgXep.
L[Y‘["US‘f#SUUag‘f[‘Y#ba^[U[We
Q_\#]fccfn‘e^#j‘^e‘"ZXek#XZZflek‘e^#gfc‘Z‘\j#_Xm\#Y\\e#
X[fgk\[#‘e#k_\#gi\gXiXk‘fe#Xe[#gi\j\ekXk‘fe#f]#k_\#"eXeZ‘Xc#
i\gfik;
’S(#;addai[‘Ye
?fiifn‘e^j#Xi\#i\Zfi[\[#‘e‘k‘Xccp#Xk#]X‘i#mXcl\,#e\k#f]#
kiXejXZk‘fe#Zfjkj.
PlYj\hl\ek#kf#‘e‘k‘Xc#i\Zf^e‘k‘fe,#Yfiifn‘e^j#Xi\#d\Xjli\[#
Xk#Xdfik‘j\[#Zfjk#n‘k_#Xep#[‘]]\i\eZ\#Y\kn\\e#k_\#‘e‘k‘Xc#
i\Zf^e‘j\[#Xdflek#Xe[#k_\#i\[\dgk‘fe#mXcl\#Y\‘e^#
i\Zf^e‘j\[#‘e#gif"k#Xe[#cfjj#fm\i#k_\#g\i‘f[#f]#k_\#
Yfiifn‘e^#lj‘e^#k_\#\]]\Zk‘m\#‘ek\i\jk#iXk\#d\k_f[.
’T(#_b^akWW#TW‘W"fe
>#c‘XY‘c‘kp#‘j#i\Zf^e‘j\[#]fi#Y\e\"kj#XZZil‘e^#kf#\dgcfp\\j#
‘e#i\jg\Zk#f]#nX^\j#Xe[#jXcXi‘\j,#XeelXc#c\Xm\,#cfe^#j\im‘Z\#
c\Xm\,#Xe[#j‘Zb#c\Xm\#n_\e#‘k#‘j#gifYXYc\#k_Xk#j\kkc\d\ek#n‘cc#
Y\#i\hl‘i\[#Xe[#k_\p#Xi\#ZXgXYc\#f]#Y\‘e^#d\Xjli\[#i\c‘XYcp.
I‘XY‘c‘k‘\j#i\Zf^e‘j\[#‘e#i\jg\Zk#f]#nX^\j#Xe[#jXcXi‘\j,#
XeelXc#c\Xm\#Xe[#j‘Zb#c\Xm\#\og\Zk\[#kf#Y\#j\kkc\[#n‘k_‘e#
12#dfek_j,#Xi\#d\Xjli\[#Xk#k_\‘i#efd‘eXc#mXcl\j#lj‘e^#
k_\#i\dle\iXk‘fe#iXk\#\og\Zk\[#kf#Xggcp#Xk#k_\#k‘d\#f]#
j\kkc\d\ek.
I‘XY‘c‘k‘\j#i\Zf^e‘j\[#‘e#i\jg\Zk#f]#XeelXc#c\Xm\#Xe[#cfe^#
j\im‘Z\#c\Xm\#n_‘Z_#Xi\#efk#\og\Zk\[#kf#Y\#j\kkc\[#n‘k_‘e#
12#dfek_j#Xi\#d\Xjli\[#lj‘e^#Xe#\jk‘dXk\#f]#k_\#gi\j\ek#
mXcl\#f]#k_\#]lkli\#ZXj_#flk!fnj#kf#Y\#dX[\#Yp#k_\#
ZfdgXep#‘e#i\jg\Zk#f]#j\im‘Z\j#gifm‘[\[#Yp#\dgcfp\\j#lg#
kf#i\gfik‘e^#[Xk\.
’V(#?[‘S‘U[S^#SeeWfe
3G9FK"9F="J><>BN9;D>K
QiX[\#i\Z\‘mXYc\j,#cfXej,#Xe[#fk_\i#i\Z\‘mXYc\j#k_Xk#_Xm\#
"o\[#fi#[\k\id‘eXYc\#gXpd\ekj#k_Xk#Xi\#efk#hlfk\[#‘e#Xe#
XZk‘m\#dXib\k#Xi\#ZcXjj‘"\[#Xj#wcfXej#Xe[#i\Z\‘mXYc\jx.#IfXej#
Xe[#i\Z\‘mXYc\j#Xi\#d\Xjli\[#Xk#Xdfik‘j\[#Zfjk#lj‘e^#k_\#
\]]\Zk‘m\#‘ek\i\jk#iXk\#d\k_f[#c\jj#‘dgX‘id\ek.
Fek\i\jk#‘eZfd\#‘j#i\Zf^e‘j\[#Yp#Xggcp‘e^#k_\#\]]\Zk‘m\#
‘ek\i\jk#iXk\.
2EH9BJE>FL"G?"!F9FLK
C‘eXeZ‘Xc#Xjj\kj,#fk_\i#k_Xe#k_fj\#Xk#]X‘i#mXcl\#k_ifl^_#
gif"k#Xe[#cfjj,#Xi\#Xjj\jj\[#]fi#‘e[‘ZXkfij#f]#‘dgX‘id\ek#
Xk#\XZ_#YXcXeZ\#j_\\k#[Xk\.#C‘eXeZ‘Xc#Xjj\kj#Xi\#‘dgX‘i\[#
n_\i\#k_\i\#‘j#fYa\Zk‘m\#\m‘[\eZ\#k_Xk#Xj#X#i\jlck#f]#fe\#
fi#dfi\#\m\ekj#k_Xk#fZZlii\[#X]k\i#k_\#‘e‘k‘Xc#i\Zf^e‘k‘fe#f]#
k_\#"eXeZ‘Xc#Xjj\k,#k_\#\jk‘dXk\[#]lkli\#ZXj_#!fnj#f]#k_\#
‘em\jkd\ek#_Xm\#Y\\e#‘dgXZk\[.#
’W(#?[‘S‘U[S^#[‘efdg_W‘fe#[eegWV#Tk#fZW#Ua_bS‘k
0>;L"9F=">IMBLP"BFKLJME>FLK
A\Yk#Xe[#\hl‘kp#‘ejkild\ekj#Xi\#ZcXjj‘"\[#Xj#\‘k_\i#c‘XY‘c‘k‘\j#
fi#Xj#\hl‘kp#‘e#XZZfi[XeZ\#n‘k_#k_\#jlYjkXeZ\#f]#k_\#
ZfekiXZklXc#XiiXe^\d\ek.
7J9FK9"BKKM>"G?">IMBLP"BFKLJME>FLK
QiXejXZk‘fe#Zfjkj#Xi‘j‘e^#fe#k_\#‘jjl\#f]#\hl‘kp#‘ejkild\ekj#
Xi\#i\Zf^e‘j\[#[‘i\Zkcp#‘e#\hl‘kp#Xj#X#i\[lZk‘fe#f]#k_\#
gifZ\\[j#f]#k_\#\hl‘kp#‘ejkild\ekj#kf#n_‘Z_#k_\p#i\cXk\.#
QiXejXZk‘fe#Zfjkj#Xi\#k_\#Zfjkj#k_Xk#Xi\#‘eZlii\[#[‘i\Zkcp#‘e#
Zfee\Zk‘fe#n‘k_#k_\#‘jjl\#f]#k_fj\#\hl‘kp#‘ejkild\ekj#Xe[#
nflc[#efk#_Xm\#Y\\e#‘eZlii\[#_X[#k_fj\#‘ejkild\ekj#efk#
Y\\e#‘jjl\[.
2FL>J>KL"9F="=BNB=>F=K
Fek\i\jk#Xe[#[‘m‘[\e[j#Xi\#ZcXjj‘"\[#Xj#\og\ej\j#fi#Xj#
[‘jki‘Ylk‘fej#f]#gif"k#Zfej‘jk\ek#n‘k_#k_\#YXcXeZ\#j_\\k#
ZcXjj‘"ZXk‘fe#f]#k_\#i\cXk\[#[\Yk#fi#\hl‘kp#‘ejkild\ekj#fi#
Zfdgfe\ek#gXikj#f]#Zfdgfle[#‘ejkild\ekj.
’X(#?adW[Y‘#UgddW‘Uk
Q_\#‘e[‘m‘[lXc#"eXeZ‘Xc#jkXk\d\ekj#f]#\XZ_#^iflg#\ek‘kp#
Xi\#gi\j\ek\[#‘e#k_\#Zlii\eZp#f]#k_\#gi‘dXip#\Zfefd‘Z#
\em‘ifed\ek#‘e#n_‘Z_#k_\#\ek‘kp#fg\iXk\j#(‘kj#]leZk‘feXc#
Zlii\eZp).#Cfi#k_\#gligfj\#f]#k_\#Zfejfc‘[Xk\[#"eXeZ‘Xc#
jkXk\d\ekj,#k_\#i\jlckj#Xe[#"eXeZ‘Xc#gfj‘k‘fe#f]#\XZ_#^iflg#
\ek‘kp#Xi\#\ogi\jj\[#‘e#>ljkiXc‘Xe#[fccXij#(w%x),#n_‘Z_#‘j#k_\#
&$
4<;?98@!.k#k_\#\e[#f]#\XZ_#i\gfik‘e^#g\i‘f[,#dfe\kXip#
‘k\dj#[\efd‘eXk\[#‘e#]fi\‘^e#Zlii\eZ‘\j#Xi\#i\kiXejcXk\[#Xk#
k_\#iXk\j#gi\mX‘c‘e^#Xk#k_Xk#[Xk\.#Kfe-dfe\kXip#‘k\dj#ZXii‘\[#
Xk#]X‘i#mXcl\#k_Xk#Xi\#[\efd‘eXk\[#‘e#]fi\‘^e#Zlii\eZ‘\j#Xi\#
i\kiXejcXk\[#Xk#k_\#iXk\j#gi\mX‘c‘e^#Xk#k_\#[Xk\#n_\e#k_\#
]X‘i#mXcl\#nXj#[\k\id‘e\[.#Kfe-dfe\kXip#‘k\dj#k_Xk#Xi\#
d\Xjli\[#‘e#k\idj#f]#_‘jkfi‘ZXc#Zfjk#‘e#X#]fi\‘^e#Zlii\eZp#Xi\#
efk#i\kiXejcXk\[.
BoZ_Xe^\#[‘]]\i\eZ\j#fe#dfe\kXip#‘k\dj#Xi\#i\Zf^e‘j\[#‘e#
gif"k#fi#cfjj#‘e#k_\#g\i‘f[#‘e#n_‘Z_#k_\p#Xi‘j\,#\oZ\gk#]fi;
{#
#\oZ_Xe^\#[‘]]\i\eZ\j#fe#]fi\‘^e#Zlii\eZp#Yfiifn‘e^j#
i\cXk‘e^#kf#Xjj\kj#le[\i#ZfejkilZk‘fe#]fi#]lkli\#gif[lZk‘m\#
lj\,#n_‘Z_#Xi\#‘eZcl[\[#‘e#k_\#Zfjk#f]#k_fj\#Xjj\kj#n_\e#
k_\p#Xi\#i\^Xi[\[#Xj#Xe#X[aljkd\ek#kf#‘ek\i\jk#Zfjkj#fe#
k_fj\#]fi\‘^e#Zlii\eZp#Yfiifn‘e^j<#
{# \oZ_Xe^\#[‘]]\i\eZ\j#fe#kiXejXZk‘fej#\ek\i\[#‘ekf#‘e#
fi[\i#kf#_\[^\#Z\ikX‘e#]fi\‘^e#Zlii\eZp#i‘jbj#Y\cfn#]fi#
_\[^‘e^#XZZflek‘e^#gfc‘Z‘\j<#Xe[
{#
#\oZ_Xe^\#[‘]]\i\eZ\j#fe#dfe\kXip#‘k\dj#i\Z\‘mXYc\#]ifd#
fi#gXpXYc\#kf#X#]fi\‘^e#fg\iXk‘fe#]fi#n_‘Z_#j\kkc\d\ek#‘j#
e\‘k_\i#gcXee\[#efi#c‘b\cp#kf#fZZli#(k_\i\]fi\#]fid‘e^#gXik#
f]#k_\#e\k#‘em\jkd\ek#‘e#k_\#]fi\‘^e#fg\iXk‘fe),#n_‘Z_#Xi\#
i\Zf^e‘j\[#‘e‘k‘Xccp#‘e#fk_\i#Zfdgi\_\ej‘m\#‘eZfd\#Xe[#
i\ZcXjj‘"\[#]ifd#\hl‘kp#kf#gif"k#fi#cfjj#fe#i\gXpd\ek#f]#
k_\#dfe\kXip#‘k\dj.
Cfi#k_\#gligfj\#f]#gi\j\ek‘e^#Zfejfc‘[Xk\[#"eXeZ‘Xc#
jkXk\d\ekj,#k_\#Xjj\kj#Xe[#c‘XY‘c‘k‘\j#f]#k_\#Diflgxj#]fi\‘^e#
fg\iXk‘fej#Xi\#kiXejcXk\[#‘ekf#>ljkiXc‘Xe#[fccXij#lj‘e^#
\oZ_Xe^\#iXk\j#gi\mX‘c‘e^#Xk#k_\#\e[#f]#k_\#i\gfik‘e^#g\i‘f[.#
FeZfd\#Xe[#\og\ej\#‘k\dj#Xi\#kiXejcXk\[#Xk#k_\#Xm\iX^\#
\oZ_Xe^\#iXk\j#]fi#k_\#g\i‘f[,#lec\jj#\oZ_Xe^\#iXk\j#
!lZklXk\[#j‘^e‘"ZXekcp#[li‘e^#k_Xk#g\i‘f[,#‘e#n_‘Z_#ZXj\#
k_\#\oZ_Xe^\#iXk\j#Xk#k_\#[Xk\j#f]#k_\#kiXejXZk‘fej#Xi\#
lj\[.#BoZ_Xe^\#[‘]]\i\eZ\j#Xi‘j‘e^,#‘]#Xep,#Xi\#i\Zf^e‘j\[#
‘e#fk_\i#Zfdgi\_\ej‘m\#‘eZfd\#Xe[#XZZldlcXk\[#‘e#\hl‘kp#
(Xkki‘Ylk\[#kf#efe-Zfekifcc‘e^#‘ek\i\jkj#Xj#Xggifgi‘Xk\).
’Y(#@aaVe#S‘V#eWdh[UWe#fSj
O\m\el\j,#\og\ej\j#Xe[#Xjj\kj#Xi\#i\Zf^e‘j\[#e\k#f]#k_\#
Xdflek#f]#^ff[j#Xe[#j\im‘Z\j#kXo#(DPQ),#\oZ\gk;
{# n_\i\#k_\#Xdflek#f]#DPQ#‘eZlii\[#‘j#efk#i\Zfm\iXYc\#
]ifd#k_\#kXoXk‘fe#Xlk_fi‘kp,#‘k#‘j#i\Zf^e‘j\[#Xj#gXik#f]#k_\#
Zfjk#f]#XZhl‘j‘k‘fe#f]#Xe#Xjj\k#fi#Xj#gXik#f]#Xe#‘k\d#f]#
\og\ej\<#fi
{#
#]fi#i\Z\‘mXYc\j#Xe[#gXpXYc\j#n_‘Z_#Xi\#i\Zf^e‘j\[#
‘eZclj‘m\#f]#DPQ.
Q_\#e\k#Xdflek#f]#DPQ#i\Zfm\iXYc\#]ifd,#fi#gXpXYc\#kf,#
k_\#kXoXk‘fe#Xlk_fi‘kp#‘j#‘eZcl[\[#Xj#gXik#f]#i\Z\‘mXYc\j#fi#
gXpXYc\j.
@Xj_#!fnj#Xi\#‘eZcl[\[#‘e#k_\#@fejfc‘[Xk\[#PkXk\d\ek#f]#
@Xj_#Ccfnj#fe#X#^ifjj#YXj‘j.#Q_\#DPQ#Zfdgfe\ek#f]#ZXj_#
!fnj#Xi‘j‘e^#]ifd#‘em\jk‘e^#Xe[#"eXeZ‘e^#XZk‘m‘k‘\j#n_‘Z_#
‘j#i\Zfm\iXYc\#]ifd,#fi#gXpXYc\#kf,#k_\#kXoXk‘fe#Xlk_fi‘kp#‘j#
ZcXjj‘"\[#Xj#fg\iXk‘e^#ZXj_#!fnj.
’Z(#@aaVi[^^
Dff[n‘cc,#i\gi\j\ek‘e^#k_\#\oZ\jj#f]#k_\#Zfjk#f]#XZhl‘j‘k‘fe#
fm\i#k_\#]X‘i#mXcl\#f]#k_\#‘[\ek‘"XYc\#e\k#Xjj\kj#XZhl‘i\[,#‘j#
i\Zf^e‘j\[#Xj#Xe#Xjj\k#Xe[#efk#Xdfik‘j\[#Ylk#k\jk\[#]fi#
‘dgX‘id\ek#XeelXccp#Xe[#n_\e\m\i#k_\i\#‘j#Xe#‘e[‘ZXk‘fe#k_Xk#
k_\#^ff[n‘cc#dXp#Y\#‘dgX‘i\[.#>ep#‘dgX‘id\ek#‘j#i\Zf^e‘j\[#
‘dd\[‘Xk\cp#‘e#k_\#@fejfc‘[Xk\[#PkXk\d\ek#f]#Mif"k#fi#Ifjj#
Xe[#Lk_\i#@fdgi\_\ej‘m\#FeZfd\#Xe[#‘j#efk#jlYj\hl\ekcp#
i\m\ij\[.#O\]\i#Xcjf#kf#efk\#1(a).
’[(#@ahWd‘_W‘f#YdS‘fe
Dfm\ied\ek#^iXekj#Xi\#Xjj‘jkXeZ\#Yp#k_\#^fm\ied\ek#‘e#k_\#
]fid#f]#kiXej]\ij#f]#i\jfliZ\j#kf#k_\#ZfdgXep#‘e#i\klie#]fi#
gXjk#fi#]lkli\#Zfdgc‘XeZ\#n‘k_#Z\ikX‘e#Zfe[‘k‘fej#i\cXk‘e^#
kf#k_\#fg\iXk‘e^#XZk‘m‘k‘\j#f]#k_\#ZfdgXep.#Dfm\ied\ek#
^iXekj#‘eZcl[\#^fm\ied\ek#Xjj‘jkXeZ\#n_\i\#k_\i\#Xi\#ef#
Zfe[‘k‘fej#jg\Z‘"ZXccp#i\cXk‘e^#kf#k_\#fg\iXk‘e^#XZk‘m‘k‘\j#
f]#k_\#ZfdgXep#fk_\i#k_Xe#k_\#i\hl‘i\d\ek#kf#fg\iXk\#‘e#
Z\ikX‘e#i\^‘fej#fi#‘e[ljkip#j\Zkfij.
Dfm\ied\ek#^iXekj#i\cXk‘e^#kf#‘eZfd\#Xi\#i\Zf^e‘j\[#Xj#
‘eZfd\#fm\i#k_\#g\i‘f[j#e\Z\jjXip#kf#dXkZ_#k_\d#n‘k_#
k_\#i\cXk\[#Zfjkj.#Dfm\ied\ek#^iXekj#k_Xk#Xi\#i\Z\‘mXYc\#
Xj#Zfdg\ejXk‘fe#]fi#\og\ej\j#fi#cfjj\j#Xci\X[p#‘eZlii\[#
fi#]fi#k_\#gligfj\#f]#^‘m‘e^#‘dd\[‘Xk\#"eXeZ‘Xc#jlggfik#kf#
k_\#ZfdgXep#n‘k_#ef#]lkli\#i\cXk\[#Zfjkj#Xi\#i\Zf^e‘j\[#Xj#
‘eZfd\#f]#k_\#g\i‘f[#‘e#n_‘Z_#‘k#Y\Zfd\j#i\Z\‘mXYc\.
Dfm\ied\ek#^iXekj#i\cXk‘e^#kf#Xjj\kj#Xi\#ki\Xk\[#Xj#[\]\ii\[#
‘eZfd\#Xe[#i\Zf^e‘j\[#‘e#k_\#gif"k#Xe[#cfjj#fm\i#k_\#
\og\Zk\[#lj\]lc#c‘m\j#f]#k_\#Xjj\kj#ZfeZ\ie\[.
’\(#B_bS[d_W‘f#aX#SeeWfe
>k#\XZ_#i\gfik‘e^#[Xk\,#k_\#ZfdgXep#i\m‘\nj#k_\#ZXiip‘e^#
Xdflekj#f]#‘kj#kXe^‘Yc\#Xe[#‘ekXe^‘Yc\#Xjj\kj#kf#[\k\id‘e\#
n_\k_\i#k_\i\#‘j#Xep#‘e[‘ZXk‘fe#k_Xk#k_fj\#Xjj\kj#_Xm\#
jl]]\i\[#Xe#‘dgX‘id\ek#cfjj.#F]#Xep#jlZ_#‘e[‘ZXk‘fe#\o‘jkj,#
k_\#i\Zfm\iXYc\#Xdflek#f]#k_\#Xjj\k#‘j#\jk‘dXk\[#‘e#fi[\i#kf#
[\k\id‘e\#k_\#\ok\ek#f]#k_\#‘dgX‘id\ek#cfjj#(‘]#Xep).#T_\i\#
k_\#Xjj\k#[f\j#efk#^\e\iXk\#ZXj_#!fnj#k_Xk#Xi\#‘e[\g\e[\ek#
]ifd#fk_\i#Xjj\kj,#k_\#ZfdgXep#\jk‘dXk\j#k_\#i\Zfm\iXYc\#
Xdflek#f]#k_\#ZXj_#^\e\iXk‘e^#le‘k#kf#n_‘Z_#k_\#Xjj\k#
Y\cfe^j.
Dff[n‘cc,#‘ekXe^‘Yc\#Xjj\kj#n‘k_#‘e[\"e‘k\#lj\]lc#c‘m\j#Xe[#
‘ekXe^‘Yc\#Xjj\kj#efk#p\k#XmX‘cXYc\#]fi#lj\#Xi\#k\jk\[#]fi#
‘dgX‘id\ek#XeelXccp#Xe[#n_\e\m\i#k_\i\#‘j#Xe#‘e[‘ZXk‘fe#k_Xk#
k_\#Xjj\k#dXp#Y\#‘dgX‘i\[.#>e#‘dgX‘id\ek#f]#^ff[n‘cc#‘j#efk#
jlYj\hl\ekcp#i\m\ij\[.#O\Zfm\iXYc\#Xdflek#‘j#k_\#_‘^_\i#
+BBH8@!0?B8B9?8@!6e#‘dgX‘id\ek#cfjj#‘j#
i\Zf^e‘j\[#‘e#k_\#@fejfc‘[Xk\[#PkXk\d\ek#f]#Mif"k#fi#Ifjj#
Xe[#Lk_\i#@fdgi\_\ej‘m\#FeZfd\#‘dd\[‘Xk\cp,#lec\jj#
k_\#i\c\mXek#Xjj\k#‘j#ZXii‘\[#Xk#]X‘i#mXcl\,#‘e#n_‘Z_#ZXj\#k_\#
‘dgX‘id\ek#cfjj#‘j#ki\Xk\[#Xj#X#i\mXclXk‘fe#[\Zi\Xj\.
T_\i\#Xe#‘dgX‘id\ek#cfjj#(fk_\i#k_Xe#Dff[n‘cc)#
jlYj\hl\ekcp#i\m\ij\j,#k_\#ZXiip‘e^#Xdflek#f]#k_\#Xjj\k#
(fi#ZXj_#^\e\iXk‘e^#le‘k)#‘j#‘eZi\Xj\[#kf#k_\#i\m‘j\[#
\jk‘dXk\#f]#‘kj#i\Zfm\iXYc\#Xdflek,#Ylk#fecp#kf#k_\#\ok\ek#
k_Xk#k_\#‘eZi\Xj\[#ZXiip‘e^#Xdflek#[f\j#efk#\oZ\\[#k_\#
ZXiip‘e^#Xdflek#k_Xk#nflc[#_Xm\#Y\\e#[\k\id‘e\[#_X[#ef#
‘dgX‘id\ek#cfjj#Y\\e#i\Zf^e‘j\[#]fi#k_\#Xjj\k#(fi#ZXj_-
^\e\iXk‘e^#le‘k)#‘e#gi‘fi#p\Xij.#>#i\m\ijXc#f]#Xe#‘dgX‘id\ek#
cfjj#‘j#i\Zf^e‘j\[#‘e#gif"k#fi#cfjj#‘dd\[‘Xk\cp,#lec\jj#k_\#
i\c\mXek#Xjj\k#‘j#ZXii‘\[#Xk#]X‘i#mXcl\,#‘e#n_‘Z_#ZXj\#k_\#
i\m\ijXc#f]#k_\#‘dgX‘id\ek#cfjj#‘j#ki\Xk\[#Xj#X#i\mXclXk‘fe#
‘eZi\Xj\.
’](#B‘Ua_W#fSj
/MJJ>FL"L9O
@lii\ek#kXo#‘j#ZXcZlcXk\[#Yp#i\]\i\eZ\#kf#k_\#Xdflek#f]#
‘eZfd\#kXo\j#gXpXYc\#fi#i\Zfm\iXYc\#‘e#i\jg\Zk#f]#k_\#
kXoXYc\#gif"k#fi#cfjj#]fi#k_\#g\i‘f[.#Fk#‘j#ZXcZlcXk\[#lj‘e^#kXo#
iXk\j#Xe[#kXo#cXnj#k_Xk#_Xm\#Y\\e#\eXZk\[#fi#jlYjkXek‘m\cp#
\eXZk\[#Yp#i\gfik‘e^#[Xk\.#@lii\ek#kXo#]fi#Zlii\ek#Xe[#gi‘fi#
g\i‘f[j#‘j#i\Zf^e‘j\[#Xj#X#c‘XY‘c‘kp#(fi#Xjj\k)#kf#k_\#\ok\ek#k_Xk#
‘k#‘j#legX‘[#(fi#i\]le[XYc\).
T_\i\#k_\#Diflg#hlXc‘"\j#]fi#k_\#i\j\XiZ_#Xe[#[\m\cfgd\ek#
kXo#‘eZ\ek‘m\#i\]le[#(Xk#45&),#k_‘j#i\[lZ\j#k_\#Zlii\ek#kXo#
\og\ej\#i\Zf^e‘j\[#‘e#gif"k#Xe[#cfjj#]fi#k_\#g\i‘f[.
0>?>JJ>="L9O
A\]\ii\[#kXo#‘j#XZZflek\[#]fi#lj‘e^#k_\#Zfdgi\_\ej‘m\#
YXcXeZ\#j_\\k#c‘XY‘c‘kp#d\k_f[#‘e#i\jg\Zk#f]#k\dgfiXip#
[‘]]\i\eZ\j#Xi‘j‘e^#]ifd#[‘]]\i\eZ\j#Y\kn\\e#k_\#ZXiip‘e^#
Xdflek#f]#Xjj\kj#Xe[#c‘XY‘c‘k‘\j#‘e#k_\#"eXeZ‘Xc#jkXk\d\ekj#
Xe[#k_\#Zfii\jgfe[‘e^#kXo#YXj\#f]#k_fj\#‘k\dj.
Fe#gi‘eZ‘gc\,#[\]\ii\[#kXo#c‘XY‘c‘k‘\j#Xi\#i\Zf^e‘j\[#]fi#Xcc#
kXoXYc\#k\dgfiXip#[‘]]\i\eZ\j.#A\]\ii\[#kXo#Xjj\kj#Xi\#
i\Zf^e‘j\[#kf#k_\#\ok\ek#k_Xk#‘k#‘j#gifYXYc\#k_Xk#jl]"Z‘\ek#
kXoXYc\#Xdflekj#n‘cc#Y\#XmX‘cXYc\#X^X‘ejk#n_‘Z_#[\[lZk‘Yc\#
k\dgfiXip#[‘]]\i\eZ\j#fi#lelj\[#kXo#cfjj\j#Xe[#kXo#f]]j\kj#
ZXe#Y\#lk‘c‘j\[.#Efn\m\i,#[\]\ii\[#kXo#Xjj\kj#Xe[#c‘XY‘c‘k‘\j#
Xi\#efk#i\Zf^e‘j\[#‘]#k_\#k\dgfiXip#[‘]]\i\eZ\j#^‘m‘e^#i‘j\#
kf#k_\d#Xi‘j\#]ifd#k_\#‘e‘k‘Xc#i\Zf^e‘k‘fe#f]#Xjj\kj#Xe[#
c‘XY‘c‘k‘\j#(fk_\i#k_Xe#Xj#X#i\jlck#f]#X#Ylj‘e\jj#ZfdY‘eXk‘fe)#
n_‘Z_#X]]\Zkj#e\‘k_\i#kXoXYc\#‘eZfd\#efi#XZZflek‘e^#gif"k.#
Clik_\idfi\,#X#[\]\ii\[#kXo#c‘XY‘c‘kp#‘j#efk#i\Zf^e‘j\[#‘e#
i\cXk‘fe#kf#kXoXYc\#k\dgfiXip#[‘]]\i\eZ\j#Xi‘j‘e^#]ifd#
^ff[n‘cc.
A\]\ii\[#kXo#Xjj\kj#Xe[#c‘XY‘c‘k‘\j#Xi\#d\Xjli\[#Xk#k_\#kXo#
iXk\j#k_Xk#Xi\#\og\Zk\[#kf#Xggcp#kf#k_\#g\i‘f[(j)#n_\e#k_\#
Xjj\k#Xe[#c‘XY‘c‘kp#^‘m‘e^#i‘j\#kf#k_\d#Xi\#i\Xc‘j\[#fi#j\kkc\[,#
YXj\[#fe#kXo#iXk\j#(Xe[#kXo#cXnj)#k_Xk#_Xm\#Y\\e#\eXZk\[#fi#
jlYjkXek‘m\cp#\eXZk\[#Yp#i\gfik‘e^#[Xk\.#Q_\#d\Xjli\d\ek#
f]#[\]\ii\[#kXo#c‘XY‘c‘k‘\j#Xe[#Xjj\kj#i\!\Zkj#k_\#kXo#
Zfej\hl\eZ\j#k_Xk#nflc[#]fccfn#]ifd#k_\#dXee\i#‘e#n_‘Z_#
k_\#ZfdgXep#\og\Zkj,#Xk#k_\#i\gfik‘e^#[Xk\,#kf#i\Zfm\i#fi#
j\kkc\#k_\#ZXiip‘e^#Xdflek#f]#‘kj#Xjj\kj#Xe[#c‘XY‘c‘k‘\j.
A\]\ii\[#kXo#Xjj\kj#Xe[#c‘XY‘c‘k‘\j#Xi\#f]]j\k#n_\e#k_\p#i\cXk\#
kf#‘eZfd\#kXo\j#c\m‘\[#Yp#k_\#jXd\#kXoXk‘fe#Xlk_fi‘kp#Xe[#
k_\#ZfdgXep#‘ek\e[j#kf#j\kkc\#‘kj#Zlii\ek#kXo#Xjj\kj#Xe[#
c‘XY‘c‘k‘\j#fe#X#e\k#YXj‘j.
/MJJ>FL"9F="=>?>JJ>="L9O"?GJ"LA>"H>JBG=
@lii\ek#Xe[#[\]\ii\[#kXo#‘j#i\Zf^e‘j\[#Xj#Xe#\og\ej\#fi#
‘eZfd\#‘e#k_\#@fejfc‘[Xk\[#PkXk\d\ek#f]#Mif"k#fi#Ifjj#Xe[#
Lk_\i#@fdgi\_\ej‘m\#FeZfd\,#\oZ\gk#n_\e#‘k#i\cXk\j#kf#
‘k\dj#Zi\[‘k\[#fi#[\Y‘k\[#[‘i\Zkcp#kf#\hl‘kp,#‘e#n_‘Z_#ZXj\#k_\#
[\]\ii\[#kXo#‘j#Xcjf#i\Zf^e‘j\[#[‘i\Zkcp#‘e#\hl‘kp,#fi#n_\i\#‘k#
Xi‘j\j#]ifd#k_\#‘e‘k‘Xc#XZZflek‘e^#]fi#X#Ylj‘e\jj#ZfdY‘eXk‘fe,#
‘e#n_‘Z_#ZXj\#‘k#‘j#kXb\e#‘ekf#XZZflek#‘e#k_\#[\k\id‘eXk‘fe#f]#
^ff[n‘cc#fi#\oZ\jj.
’^(#B‘fS‘Y[T^W#SeeWfe
49L>FLK#"LJ9=>E9JCK"9F="DB<>FK>K
MXk\ekj,#kiX[\dXibj#Xe[#c‘Z\ej\j#Xi\#i\Zfi[\[#Xk#Zfjk#c\jj#
XZZldlcXk\[#Xdfik‘jXk‘fe#Xe[#‘dgX‘id\ek.#>dfik‘jXk‘fe#‘j#
Z_Xi^\[#fe#X#jkiX‘^_k#c‘e\#YXj‘j#fm\i#k_\‘i#\jk‘dXk\[#lj\]lc#
c‘m\j#f]#10#p\Xij.#Q_\#\jk‘dXk\[#lj\]lc#c‘]\#Xe[#Xdfik‘jXk‘fe#
d\k_f[#‘j#i\m‘\n\[#Xk#k_\#\e[#f]#\XZ_#XeelXc#i\gfik‘e^#
g\i‘f[.
5>K>9JN>DGHE>FL"e#‘ekXe^‘Yc\#Xjj\k#Xi‘j‘e^#]ifd#[\m\cfgd\ek#(fi#]ifd#k_\#
[\m\cfgd\ek#g_Xj\#f]#Xe#‘ek\ieXc#gifa\Zk)#‘j#i\Zf^e‘j\[#‘],#
Xe[#fecp#‘],#Xcc#f]#k_\#]fccfn‘e^#Xi\#[\dfejkiXk\[;
{#
{#
k_\#k\Z_e‘ZXc#]\Xj‘Y‘c‘kp#f]#Zfdgc\k‘e^#k_\#‘ekXe^‘Yc\#Xjj\k#
jf#k_Xk#‘k#n‘cc#Y\#XmX‘cXYc\#]fi#lj\#fi#jXc\<
#k_\#‘ek\ek‘fe#kf#Zfdgc\k\#k_\#‘ekXe^‘Yc\#Xjj\k#Xe[#lj\#fi#
j\cc#‘k<
{#
#k_\#XY‘c‘kp#kf#lj\#fi#j\cc#k_\#‘ekXe^‘Yc\#Xjj\k<
{#
#_fn#k_\#‘ekXe^‘Yc\#Xjj\k#n‘cc#^\e\iXk\#gifYXYc\#]lkli\#
\Zfefd‘Z#Y\e\"kj<
&&
4<;?98@!.@BKLJ9LBGF"ep#ZXg‘kXc‘j\[#i\^‘jkiXk‘fe#Zfjkj#Xi\#Xdfik‘j\[#fm\i#X#
g\i‘f[#f]#5-20#p\Xij#‘e#n_‘Z_#k_\#Zfii\jgfe[‘e^#Y\e\"kj#
Xi\#\og\Zk\[#kf#Xi‘j\,#Zfdd\eZ‘e^#]ifd#Zfdd\iZ‘Xc#jXc\j#
kf#Xep#f]#k_\#Zfleki‘\j#]fi#n_‘Z_#k_\#i\^‘jkiXk‘fe#Zfjkj#
Zfeki‘Ylk\[#kf#X#jlZZ\jj]lc#i\^‘jkiXk‘fe.
Q_\#leXdfik‘j\[#YXcXeZ\#f]#i\^‘jkiXk‘fe#Zfjkj#ZXg‘kXc‘j\[#‘e#
gi\m‘flj#g\i‘f[j#‘j#i\m‘\n\[#i\^lcXicp#Xk#\XZ_#i\gfik‘e^#[Xk\,#
kf#\ejli\#k_\#Zi‘k\i‘X#]fi#[\]\iiXc#Zfek‘el\#kf#Y\#d\k.#T_\i\#
jlZ_#Zfjkj#Xi\#ef#cfe^\i#i\Zfm\iXYc\,#k_\p#Xi\#ni‘kk\e#f]]#Xj#
Xe#\og\ej\#‘e#k_\#@fejfc‘[Xk\[#PkXk\d\ek#f]#Mif"k#fi#Ifjj#
Xe[#Lk_\i#@fdgi\_\ej‘m\#FeZfd\.
.J9F=F9E>K
?iXe[eXd\j#Xi‘j‘e^#fe#XZhl‘j‘k‘fe#f]#X#Ylj‘e\jj#Xi\#ZXii‘\[#
Xk#Zfjk#Xj#\jkXYc‘j_\[#Xk#k_\#[Xk\#f]#XZhl‘j‘k‘fe#f]#k_\#
Ylj‘e\jj#c\jj#Xep#Xggc‘ZXYc\#‘dgX‘id\ek#Z_Xi^\#(‘]#Xep).#Q_\p#
Xi\#efk#Xdfik‘j\[#Ylk#jlYa\Zk#kf#XeelXc#k\jkj#]fi#‘dgX‘id\ek.#
Cfi#k_\#gligfj\j#f]#‘dgX‘id\ek#k\jk‘e^,#YiXe[eXd\j#Xi\#
XccfZXk\[#kf#k_\#i\c\mXek#Diflg#ZXj_#^\e\iXk‘e^#le‘k#kf#
n_‘Z_#k_\p#i\cXk\.#
’_(#B‘hW‘fad[We
Fem\ekfi‘\j#Xi\#mXcl\[#Xk#k_\#cfn\i#f]#Zfjk#Xe[#e\k#i\Xc‘jXYc\#
mXcl\.#@fjkj,#‘eZcl[‘e^#Xe#Xggifgi‘Xk\#gfik‘fe#f]#"o\[#Xe[#
mXi‘XYc\#fm\i_\X[#\og\ej\j,#Xi\#Xjj‘^e\[#kf#‘em\ekfip#fe#
_Xe[#Yp#k_\#d\k_f[#dfjk#Xggifgi‘Xk\#kf#\XZ_#gXik‘ZlcXi#
ZcXjj#f]#‘em\ekfip,#n‘k_#k_\#dXafi‘kp#Y\‘e^#mXcl\[#fe#X#"ijk#‘e#
"ijk#flk#YXj‘j.#K\k#i\Xc‘jXYc\#mXcl\#i\gi\j\ekj#k_\#\jk‘dXk\[#
j\cc‘e^#gi‘Z\#c\jj#Xcc#\jk‘dXk\[#Zfjkj#f]#Zfdgc\k‘fe#Xe[#Zfjkj#
kf#Y\#‘eZlii\[#‘e#dXib\k‘e^,#j\cc‘e^#Xe[#[‘jki‘Ylk‘fe.
’‘(#EWSeWe
I\Xj\j#Xi\#ZcXjj‘"\[#Xj#"eXeZ\#c\Xj\j#n_\e\m\i#k_\#k\idj#
f]#k_\#c\Xj\#kiXej]\i#jlYjkXek‘Xccp#Xcc#k_\#i‘jbj#Xe[#i\nXi[j#f]#
fne\ij_‘g#kf#k_\#c\jj\\.#Q_\#ZfdgXep#Zlii\ekcp#[f\j#efk#
_Xm\#Xep#"eXeZ\#c\Xj\j.#>cc#fk_\i#c\Xj\j#Xi\#ZcXjj‘"\[#Xj#
fg\iXk‘e^#c\Xj\j.
’a(#?[‘S‘U[S^#E[ST[^[f[We
QiX[\#gXpXYc\j#Xe[#fk_\i#XZZflekj#gXpXYc\#Xi\#ZcXjj‘"\[#
Xj#"eXeZ‘Xc#c‘XY‘c‘k‘\j#Xe[#Xi\#i\Zf^e‘j\[#n_\e#k_\#ZfdgXep#
Y\Zfd\j#fYc‘^\[#kf#dXb\#]lkli\#gXpd\ekj#i\jlck‘e^#]ifd#
k_\#gliZ_Xj\#f]#^ff[j#Xe[#j\im‘Z\j.#C‘eXeZ‘Xc#c‘XY‘c‘k‘\j#Xi\#
‘e‘k‘Xccp#d\Xjli\[#Xk#]X‘i#mXcl\,#e\k#f]#kiXejXZk‘fe#Zfjkj.
C‘eXeZ‘Xc#c‘XY‘c‘k‘\j#Xi\#jlYj\hl\ekcp#d\Xjli\[#Xk#Xdfik‘j\[#
Zfjk#lj‘e^#k_\#\]]\Zk‘m\#‘ek\i\jk#iXk\#d\k_f[,#n‘k_#‘ek\i\jk#
\og\ej\#i\Zf^e‘j\[#fe#Xe#\]]\Zk‘m\#p‘\c[#YXj‘j.#
Q_\#\]]\Zk‘m\#‘ek\i\jk#iXk\#d\k_f[#‘j#X#d\k_f[#f]#ZXcZlcXk‘e^#
k_\#Xdfik‘j\[#Zfjk#f]#X#"eXeZ‘Xc#c‘XY‘c‘kp#Xe[#f]#XccfZXk‘e^#
‘ek\i\jk#\og\ej\#fm\i#k_\#i\c\mXek#g\i‘f[.#Q_\#\]]\Zk‘m\#
‘ek\i\jk#iXk\#‘j#k_\#iXk\#k_Xk#\oXZkcp#[‘jZflekj#\jk‘dXk\[#
]lkli\#ZXj_#gXpd\ekj#k_ifl^_#k_\#\og\Zk\[#c‘]\#f]#k_\#
"eXeZ‘Xc#c‘XY‘c‘kp,#fi#n_\i\#Xggifgi‘Xk\,#X#j_fik\i#g\i‘f[.
’b(#I^S‘f#S‘V#Wcg[b_W‘f
McXek#Xe[#\hl‘gd\ek#Xe[#c\Xj\_fc[#‘dgifm\d\ekj#Xi\#jkXk\[#
Xk#Zfjk#c\jj#XZZldlcXk\[#[\gi\Z‘Xk‘fe#Xe[#‘dgX‘id\ek.#
@fjk#‘eZcl[\j#\og\e[‘kli\#k_Xk#‘j#[‘i\Zkcp#Xkki‘YlkXYc\#kf#k_\#
XZhl‘j‘k‘fe#f]#k_\#‘k\d.#Fe#k_\#\m\ek#k_Xk#j\kkc\d\ek#f]#Xcc#
fi#gXik#f]#k_\#gliZ_Xj\#Zfej‘[\iXk‘fe#‘j#[\]\ii\[,#Zfjk#‘j#
[\k\id‘e\[#Yp#[‘jZflek‘e^#k_\#Xdflekj#gXpXYc\#‘e#k_\#]lkli\#
kf#k_\‘i#gi\j\ek#mXcl\#Xj#Xk#k_\#[Xk\#f]#k_\#XZhl‘j‘k‘fe.#Lk_\i#
k_Xe#k_\#Z_Xi^\#fm\i#k_\#^iflgj#Xjj\kj#_\c[#‘e#i\cXk‘fe#kf#k_\#
YXeb#Y‘cc#cfXe,#Xcc#fk_\i#Xjj\kj#Xi\#efk#\eZldY\i\[#Yp#Xep#
X[[‘k‘feXc#Z_Xi^\#fi#dfik^X^\.
0>HJ>F=K
>#c‘XY‘c‘kp#‘j#i\Zf^e‘j\[#]fi#[‘m‘[\e[j#n_\e#k_\p#_Xm\#Y\\e#
[\ZcXi\[,#[\k\id‘e\[#fi#glYc‘Zcp#i\Zfdd\e[\[#Yp#k_\#
[‘i\Zkfij#fe#fi#Y\]fi\#k_\#i\gfik‘e^#[Xk\.
’d(#KWhW‘gW#dWUaY‘[f[a‘
69D>"G?"@GG=K
O\m\el\#]ifd#k_\#jXc\#f]#^ff[j#‘j#i\Zf^e‘j\[#n_\e#k_\#
ZfdgXep#_Xj#kiXej]\ii\[#kf#k_\#Ylp\i#k_\#j‘^e‘"ZXek#i‘jbj#
Xe[#i\nXi[j#f]#fne\ij_‘g#f]#k_\#^ff[j.
2FL>J>KL"BF
Fek\i\jk#‘eZfd\#‘j#i\Zf^e‘j\[#fe#X#k‘d\#gifgfik‘feXk\#YXj‘j#
k_Xk#kXb\j#‘ekf#XZZflek#k_\#\]]\Zk‘m\#p‘\c[#fe#k_\#"eXeZ‘Xc#
Xjj\k.
’e(#LZSdW#TSeWV#bSk_W‘fe
Bhl‘kp-j\kkc\[#j_Xi\-YXj\[#gXpd\ekj#^iXek\[#Xi\#d\Xjli\[#
Xk#]X‘i#mXcl\#Xk#k_\#[Xk\#f]#^iXek.#CX‘i#mXcl\#‘j#d\Xjli\[#Yp#
lj\#f]#X#Jfek\#@Xicf#mXclXk‘fe#df[\c.#
Q_\#]X‘i#mXcl\#[\k\id‘e\[#Xk#k_\#^iXek#[Xk\#f]#k_\#\hl‘kp-
j\kkc\[#j_Xi\-YXj\[#gXpd\ekj#‘j#\og\ej\[#fe#X#jkiX‘^_k-
c‘e\#YXj‘j#fm\i#k_\#m\jk‘e^#g\i‘f[,#YXj\[#fe#k_\#ZfdgXepxj#
\jk‘dXk\#f]#fgk‘fej#k_Xk#n‘cc#\m\eklXccp#m\jk.#A\kX‘cj#i\^Xi[‘e^#
k_\#]X‘i#mXcl\#f]#\hl‘kp-j\kkc\#j_Xi\#YXj\[#kiXejXZk‘fej#Xi\#
j\k#flk#‘e#efk\#32.
Q_\#]X‘i#mXcl\#[\k\id‘e\[#Xk#k_\#^iXek#[Xk\#f]#k_\#\hl‘kp#
j\kkc\[#j_Xi\#YXj\[#gXpd\ekj#‘j#\og\ej\[#fe#X#jkiX‘^_k#
c‘e\#YXj\[#fm\i#k_\#m\jk‘e^#g\i‘f[,#YXj\[#fe#k_\#Diflgxj#
\jk‘dXk\[#f]#\hl‘kp#‘ejkild\ekj#k_Xk#n‘cc#\m\eklXccp#m\jk,#
n‘k_#X#Zfii\jgfe[‘e^#‘eZi\Xj\#‘e#\hl‘kp.#>k#k_\#\e[#f]#
k_\#i\gfik‘e^#g\i‘f[,#k_\#Diflg#i\m‘j\j#‘kj#\jk‘dXk\#f]#k_\#
eldY\i#f]#\hl‘kp#‘ejkild\ekj#\og\Zk\[#kf#m\jk#Xe[#k_\#
‘dgXZk#f]#Xep#i\m‘j‘fe#fe#k_\#fi‘^‘eXc#\jk‘dXk\j#‘j#Xcjf#
i\Zf^e‘j\[#‘e#k_\#gif"k#Xe[#cfjj.
’f(#KWeWSdUZ#S‘V#VWhW^ab_W‘f#dWUahWd[We#
O’A#kXo#Zi\[‘kj#i\Z\‘mXYc\#Xj#Zfdg\ejXk‘fe#]fi#\og\ej\j#
fi#cfjj\j#Xci\X[p#‘eZlii\[#Yp#k_\#@fdgXep#n‘k_#ef#]lkli\#
i\cXk\[#Zfjkj#Xi\#i\Zf^e‘j\[#‘e#gif"k#fi#cfjj#‘e#k_\#g\i‘f[#
‘e#n_‘Z_#k_\p#Xi\#hlXek‘"\[#Xe[#Y\Zfd\#i\Z\‘mXYc\.#
Q_\#ZfdgXep#Xggc‘\j#k_\#‘eZfd\#kXo#XggifXZ_#]fi#k_\#
XZZflek‘e^#Xe[#gi\j\ekXk‘fe#f]#k_\#O’A#kXo#Zi\[‘k.#
>ZZfi[‘e^cp#k_\#kXo#Y\e\"k#‘j#gi\j\ek\[#Xj#X#i\[lZk‘fe#f]#
‘eZfd\#kXo#\og\ej\#‘e#k_\#PkXk\d\ek#f]#Mif"k#fi#cfjj#Xe[#
fk_\i#@fdgi\_\ej‘m\#FeZfd\.
’g(#9bb^[USf[a‘#aX#‘Wi#S‘V#dWh[eWV#9UUag‘f[‘Y#
LfS‘VSdVe
Fe#k_\#Zlii\ek#p\Xi,#k_\#Diflg#_Xj#Xggc‘\[#Xe#Xd\e[d\ek#
kf#>>P?j#‘jjl\[#Yp#k_\#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#
?fXi[#(>>P?)#k_Xk#Xi\#dXe[Xkfi‘cp#\]]\Zk‘m\#]fi#Xe#
XZZflek‘e^#g\i‘f[#k_Xk#Y\^‘ej#fe#fi#X]k\i#1#Glcp#2015,#Xe[#
k_\i\]fi\#i\c\mXek#]fi#k_\#Zlii\ek#p\Xi#\e[;
>>P?#2015-3#w>d\e[d\ekj#
kf#>ljkiXc‘Xe#>ZZflek‘e^#
PkXe[Xi[#Xi‘j‘e^#]ifd#k_\#
n‘k_[iXnXc#f]#>>P?#1031#
JXk\i‘Xc‘kpx
Q_‘j#Xd\e[d\ek#Zfdgc\k\j#
k_\#n‘k_[iXnXc#f]#i\]\i\eZ\j#
kf#>PP?#1031#‘e#Xcc#>ljkiXc‘Xe#
>ZZflek‘e^#PkXe[Xi[j#Xe[#
Fek\igi\kXk‘fej,#Xccfn‘e^#k_Xk#
PkXe[Xi[#kf#\]]\Zk‘m\cp#Y\#
n‘k_[iXne.
Q_\#Xggc‘ZXk‘fe#f]#k_‘j#Xd\e[d\ek#[f\j#efk#_Xm\#Xep#
dXk\i‘Xc#‘dgXZk#fe#k_\#[‘jZcfjli\j#fi#k_\#Xdflekj#
i\Zf^e‘j\[#‘e#k_\#Diflgxj#Zfejfc‘[Xk\[#"eXeZ‘Xc#jkXk\d\ekj.
&(&(
4<;?98@!.k#k_\#[Xk\#f]#Xlk_fi‘jXk‘fe#f]#k_\#"eXeZ‘Xc#jkXk\d\ekj,#k_\#PkXe[Xi[j#Xe[#Fek\igi\kXk‘fej#k_Xk#n\i\#‘jjl\[#Ylk#efk#p\k#
\]]\Zk‘m\#Xi\#c‘jk\[#Y\cfn.#Q_\#@fdgXep#[f\j#efk#\og\Zk#k_Xk#lgfe#X[fgk‘fe#k_Xk#k_\i\#n‘cc#Y\#Xep#j‘^e‘"ZXek#‘dgXZk#fe#k_\#
"eXeZ‘Xc#jkXk\d\ekj.
LfS‘VSdV-B‘fWdbdWfSf[a‘
>XXWUf[hW#Xad#S‘‘gS^#dWbadf[‘Y#
bWd[aVe#TWY[‘‘[‘Y#a‘#ad#SXfWd
>jbWUfWV#fa#TW#[‘[f[S^^k#
Sbb^[WV#[‘#fZW#"‘S‘U[S^##
kWSd#W‘V[‘Y
>>P?#9#wC‘eXeZ‘Xc#Fejkild\ekjx,#Xe[#k_\#i\c\mXek#Xd\e[‘e^#
jkXe[Xi[j
1#GXelXip#2018
30#Gle\#2019
>>P?#15#wO\m\el\#]ifd#@fekiXZkj#n‘k_#@ljkfd\ijx,#>>P?#2014-5#
w>d\e[d\ekj#kf#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#Xi‘j‘e^#]ifd#
>>P?#15x,#>>P?#2015-8#w>d\e[d\ekj#kf#>ljkiXc‘Xe#>ZZflek‘e^#
PkXe[Xi[j#|#B]]\Zk‘m\#AXk\#f]#>>P?#15x,#Xe[#>>P?#2016-3#
w>d\e[d\ekj#kf#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#|#@cXi‘"ZXk‘fej#kf#
>>P?#15x
1#GXelXip#2018
30#Gle\#2019
>>P?#16#wI\Xj\jx
1#GXelXip#2019
30#Gle\#2020
>>P?#1057#w>ggc‘ZXk‘fe#f]#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[jx#Xe[#
>>P?#2015#9#w>d\e[d\ekj#kf#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#|#
PZfg\#Xe[#>ggc‘ZXk‘fe#MXiX^iXg_jx
1#GXelXip#2016
30#Gle\#2017
>>P?#2014-4#w>d\e[d\ekj#kf#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#
|#@cXi‘"ZXk‘fe#f]#>ZZ\gkXYc\#J\k_f[j#f]#A\gi\Z‘Xk‘fe#Xe[#
>dfik‘jXk‘fex
1#GXelXip#2016
30#Gle\#2017
>>P?#2015-1#w>d\e[d\ekj#kf#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#|#
>eelXc#Fdgifm\d\ekj#kf#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#2012-
2014#@pZc\x
1#GXelXip#2016
30#Gle\#2017
>>P?#2015-2#w>d\e[d\ekj#kf#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#|#
A‘jZcfjli\#Fe‘k‘Xk‘m\;#>d\e[d\ekj#kf#>>P?#101x
1#GXelXip#2016
30#Gle\#2017
>>P?#2015-5#w>d\e[d\ekj#kf#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#|#
Fem\jkd\ek#Bek‘k‘\j;#>ggcp‘e^#k_\#@fejfc‘[Xk‘fe#BoZ\gk‘fex
1#GXelXip#2016
30#Gle\#2017
>>P?#2016-1#w>d\e[d\ekj#kf#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#|#
O\Zf^e‘k‘fe#f]#A\]\ii\[#QXo#>jj\kj#]fi#Rei\Xc‘j\[#Ifjj\jx
1#GXelXip#2017
30#Gle\#2018
>>P?#2016-2#w>d\e[d\ekj#kf#>ljkiXc‘Xe#>ZZflek‘e^#PkXe[Xi[j#|#
A‘jZcfjli\#Fe‘k‘Xk‘m\;#>d\e[d\ekj#kf#>>P?#107x
1#GXelXip#2017
30#Gle\#2018
+BBH8@!0?B8B9?8@!6k#
k_\#i\gfik‘e^#[Xk\#k_\i\#nXj#ef#‘e[‘ZXk‘fe#k_Xk#Xep#f]#k_\#
‘ek\ieXccp#^\e\iXk\[#‘ekXe^‘Yc\#Xjj\kj,#i\cXk‘e^#kf#i\^‘jkiXk‘fe#
Zfjkj,#n\i\#‘dgX‘i\[.#JXeX^\d\ek#Zfek‘elXccp#i\Xjj\jj#k_\#
Xggifgi‘Xk\e\jj#f]#lj\]lc#c‘m\j#Xjj‘^e\[#kf#\XZ_#‘e[‘m‘[lXc#
ZXk\^fip#f]#i\^‘jkiXk‘fe#Zfjkj.#Q_‘j#j‘klXk‘fe#n‘cc#Y\#Zcfj\cp#
dfe‘kfi\[,#Xe[#Xdfik‘jXk‘fe#n‘cc#Y\#i\Zf^e‘j\[#‘e#]lkli\#
g\i‘f[j#Xj#Zfii\jgfe[‘e^#\Zfefd‘Z#Y\e\"kj#!fn.#A\kX‘cj#f]#
k_\#ZXg‘kXc‘j\[#i\^‘jkiXk‘fe#Zfjkj#Xi\#gifm‘[\[#‘e#Kfk\#14.
NeWXg^#^[XW#aX#b^S‘f#S‘V#Wcg[b_W‘f
O\]\i#efk\#1(g)#]fi#]lik_\i#[‘jZljj‘fe#fe#lj\]lc#c‘]\#
Xjj\jjd\ekj#i\cXk‘e^#kf#gcXek#Xe[#\hl‘gd\ek.
Q_\#ZXiip‘e^#Xdflek#f]#[\]\ii\[#kXo#Xjj\kj#Xi\#i\m‘\n\[#Xk#
k_\#\e[#f]#\XZ_#i\gfik‘e^#g\i‘f[#Xe[#i\[lZ\[#kf#k_\#\ok\ek#
k_Xk#‘k#‘j#ef#cfe^\i#gifYXYc\#k_Xk#jl]"Z‘\ek#kXoXYc\#gif"kj#n‘cc#
\m\eklXk\#kf#\eXYc\#i\Zfm\ip#f]#k_\#Xjj\k.
@a[‘Y#ljkiXc‘X#Xe[#k_\#RH#Xe[#jfd\#jXc\j#‘e#K\n,#W\XcXe[,#
BXjk\ie#Blifg\,#k_\#J‘[[c\#BXjk,#Xe[#Pflk_#>]i‘ZX.
{#
#J\[‘ZXc#A\m‘Z\j#|#k_\#jXc\#f]#d\[‘ZXc#[\m‘Z\j,#
gXik‘ZlcXicp#k_\#PgXZ\#@_XdY\i#Xe[#?i\Xk_->c\ik#M\Xb-
Ccfn#J\k\ij,#gi‘dXi‘cp#n‘k_‘e#>ljkiXc‘X#Xe[#K\n#W\XcXe[,#
Ylk#n‘k_#jfd\#jXc\j#‘e#>j‘X,#Blifg\,#k_\#J‘[[c\#BXjk#Xe[#
Kfik_#>d\i‘ZX.
{#
#S\k\i‘eXip#Mif[lZkj#|#k_\#jXc\#f]#m\k\i‘eXip#gif[lZkj#
n‘k_‘e#>ljkiXc‘X,#Blifg\,#Xe[#>j‘X.
Kf#fg\iXk‘e^#j\^d\ekj#_Xm\#Y\\e#X^^i\^Xk\[#‘e#Xii‘m‘e^#Xk#
k_\#i\gfikXYc\#j\^d\ekj#f]#k_\#^iflg.
Q_\i\#_Xm\#Xcjf#Y\\e#ef#jXc\j#Y\kn\\e#i\gfikXYc\#
j\^d\ekj.
&*
4<;?98@!.cg[b_W‘f
OWfWd[‘Sdk#
>cg[b_W‘f
N‘S^^aUSfWV
MafS^
0./4#
$l...
0./3#
$l...
0./4#
$l...
0./3#
$l...
0./4#
$l...
0./3#
$l...
0./4#
$l...
0./3#
$l...
0./4#
$l...
0./3#
$l...
KWhW‘gWe8##
Bok\ieXc#jXc\j#
Lk_\i#‘eZfd\#(\oZcl[‘e^#‘ek\i\jk)#
MafS^#dWhW‘gW
KWeg^fe8#
P\^d\ek#i\jlckj##
ReXccfZXk\[
#
#
#
#
10,043#
7,092#
4,943#
4,078#
-
#
-
#
-
#
-
#
#
485#
-
#
#
438#
-
#
4,782
3,456
589
270
186
281
Ida"f#TWXadW#[‘fWdWef*#[‘Ua_W#fSj#
VWbdWU[Sf[a‘#&#S_adf[eSf[a‘#
#
A\gi\Z‘Xk‘fe#’#>dfik‘jXk‘fe
#
2*560#
#
(868)
#
1*234#
#
(235)
#
367#
#
(129)
#
05.#
#
(44)
#
/64#
#
(15)
#
06/#
#
(6)
1*7/2
1*00/
24.
004
/5/
/5/
#
-#
-
#
#
#
-#
#
#
15,471#
11,608#
111
-#
111#
/3*25/
//*5/7
#
#
#
#
5,557#
4,007#
(2,159)
(1,377)
(2,159)
(1,377)
#
’0*/37(
(83)
’0*020(#
#
(2)#
#
’0*022(#
#
(732)#
#
’0*754(
#
’/*155(#
#
(93)
’0*020)#
#
(76)#
#
’/*324(#
#
(647)#
#
’0*/71(
#
1*176#
#
(1,095)
0*1.1#
#
(2)#
#
0*1./#
#
(732)#
#
/*347
#
0*41.#
#
(378)
0*030#
#
(76)#
#
0*/54#
#
(647)#
#
/*307
Ida"f#TWXadW#[‘fWdWef#S‘V#fSj#
#
K\k#Fek\i\jk#
#
Ida"f#TWXadW#[‘Ua_W#fSj#WjbW‘eW#
#
FeZfd\#kXo#Y\e\"k/(\og\ej\)#
#
GWf#bda"f#Xad#fZW#bWd[aV#Xda_#
Ua‘f[‘g[‘Y#abWdSf[a‘e
9eeWfe#S‘V#E[ST[^[f[We#
#
>jj\kj#
#
I‘XY‘c‘k‘\j#
#
HfZWd#LWY_W‘f#B‘Xad_Sf[a‘#
#
>Zhl‘j‘k‘fe#f]#j\^d\ek#Xjj\kj
22,319#
#
-#
#
#
#
3,630
15,504#
#
-#
#
#
#
1,279
9,736#
#
-#
#
#
#
211
5,162#
#
-#
#
#
#
193
1,064#
#
-#
#
#
#
29
859#
#
-#
#
#
#
14
8,120#
#
22,214#
#
#
#
274
1,463#
#
5,581#
#
#
#
23
41,239#
#
22,214#
#
#
#
4,144
22,988#
#
5,581#
#
#
#
1,509
Q_\#XZZflek‘e^#gfc‘Z‘\j#f]#k_\#i\gfikXYc\#j\^d\ekj#Xi\#k_\#jXd\#Xj#k_\#Diflgxj#XZZflek‘e^#gfc‘Z‘\j#[\jZi‘Y\[#‘e#Kfk\#1.#Q_‘j#‘j#k_\#
d\Xjli\#i\gfik\[#kf#k_\#Z_‘\]#fg\iXk‘e^#[\Z‘j‘fe#dXb\i#]fi#k_\#gligfj\j#f]#i\jfliZ\#XccfZXk‘fe#Xe[#Xjj\jjd\ek#f]#j\^d\ek#g\i]fidXeZ\.
I‘XY‘c‘k‘\j#Xi\#efk#[‘jZcfj\[#g\i#j\^d\ek#Xj#‘k#‘j#efk#gfjj‘Yc\#kf#kiXZb#k_\j\#fe#X#j\^d\ek#YXj‘j.
KWhW‘gW#Xda_#_S\ad#bdaVgUfe#S‘V#eWdh[UWe
O\m\el\#]ifd#dXafi#gif[lZkj#Xe[#j\im‘Z\j#_Xj#efk#Y\\e#gi\j\ek\[#Xj#‘k#‘j#efk#Zfej‘[\i\[#giXZk‘ZXYc\#kf#[f#jf.#
@WaYdSbZ[US^#[‘Xad_Sf[a‘
Q_\#Diflg#fg\iXk\j#‘e#k_i\\#gi‘eZ‘gXc#^\f^iXg_‘ZXc#Xi\Xj;#>ljkiXc‘X#(Zflekip#f]#[fd‘Z‘c\)<#K\n#W\XcXe[<#Xe[#wFek\ieXk‘feXcx#Zfdgi‘j‘e^#
gi\[fd‘eXk\cp#Blifg\,#Kfik_#>d\i‘ZX,#J‘[[c\#BXjk,#>j‘X#Xe[#Pflk_#>]i‘ZX.
Q_\#Diflgxj#i\m\el\#]ifd#Zfek‘el‘e^#fg\iXk‘fej#]ifd#\ok\ieXc#Zljkfd\ij#Xe[#‘e]fidXk‘fe#XYflk#‘kj#efe-Zlii\ek#Xjj\kj#Yp#cfZXk‘fe#f]#Xjj\kj#
Xi\#[\kX‘c\[#Y\cfn;
@WaYdSbZ[US^#B‘Xad_Sf[a‘
>ljkiXc‘X
K\n#W\XcXe[
Fek\ieXk‘feXc
KWhW‘gW#Xda_#WjfWd‘S^#
Ugefa_Wde#0./4##
$l...
9,123
323
4,927
KWhW‘gW#Xda_#WjfWd‘S^#
Ugefa_Wde#0./3##
$l...
7,586
1,394
2,628
%
65.4&
12.0&
22.6&
%
63.5&
2.3&
34.3&
14,373
100.0&
11,608
100.0&
+BBH8@!0?B8B9?8@!6A7B@9
O\m\el\#]ifd#jXc\#f]#^ff[j
Fek\i\jk#i\m\el\#-#YXeb#[\gfj‘kj
Rg]ifek#Xe[#d‘c\jkfe\#‘eZfd\
Dfm\ied\ek#^iXek#‘eZfd\
$6%#,KC9AF9#>G9@F#>A7?H898#>A#CEB"G#5A8#?BFF
Mif"k#Y\]fi\#‘eZfd\#kXo#_Xj#Y\\e#Xii‘m\[#Xk#X]k\i#Z_Xi^‘e^#k_\#]fccfn‘e^#\og\ej\j;
A\gi\Z‘Xk‘fe#f]#efe-Zlii\ek#Xjj\kj
>dfik‘jXk‘fe#f]#efe-Zlii\ek#Xjj\kj
O\j\XiZ_#’#[\m\cfgd\ek#Zfjkj#‘dd\[‘Xk\cp#\og\ej\[
Lg\iXk‘e^#c\Xj\#i\ekXc#\og\ej\j#-#d‘e‘dld#c\Xj\#gXpd\ekj
P_Xi\#YXj\[#gXpd\ekj#(\hl‘kp#j\kkc\[)
DX‘e/(cfjj)#fe#]fi\‘^e#Zlii\eZp#kiXejXZk‘fej
?[‘S‘UW#>jbW‘eWe
Fek\i\jk#fe#YXeb#cfXej
Fek\i\jk#fe#fk_\i#cfXej/_‘i\#gliZ_Xj\#XiiXe^\d\ekj
Bdgcfp\\#Y\e\"k#\og\ej\;
P_fik-k\id#\dgcfp\\#Y\e\"kj
Plg\iXeelXk‘fe#Zfeki‘Ylk‘fej
’"
4<;?98@!.F98#>A#CEB"G#BE#?BFF
QXo#\og\ej\#Zfdgi‘j\j;
@lii\ek#kXo#\og\ej\
>[aljkd\ekj#i\Zf^e‘j\[#‘e#k_\#Zlii\ek#p\Xi#‘e#i\cXk‘fe#kf#k_\#Zlii\ek#kXo#f]#gi‘fi#p\Xi
A\]\ii\[#kXo#\og\ej\#i\cXk‘e^#kf#k_\#fi‘^‘eXk‘fe#Xe[#i\m\ijXc#f]#k\dgfiXip#[‘]]\i\eZ\j
MafS^#fSj#WjbW‘eW-’TW‘W"f(
685
47
-
732
Q_\#gi‘dX#]XZ‘\#‘eZfd\#kXo#\og\ej\#fe#gi\-kXo#XZZflek‘e^#gif"k#i\ZfeZ‘c\j#kf#k_\#‘eZfd\#kXo#\og\ej\#‘e#k_\;
Ida"f#Xda_#abWdSf[a‘e
FeZfd\#kXo#ZXcZlcXk\[#Xk#30&
O\j\XiZ_#’#[\m\cfgd\ek#\og\ej\
B]]\Zk#f]#\og\ej\j#k_Xk#Xi\#efk#[\[lZk‘Yc\#‘e#[\k\id‘e‘e^#kXoXYc\#gif"k
>[aljkd\ekj#i\Zf^e‘j\[#‘e#k_\#Zlii\ek#p\Xi#‘e#i\cXk‘fe#kf#k_\#Zlii\ek#kXo#f]#gi‘fi#p\Xi
B]]\Zk#f]#gif"k#fi#cfjj#‘k\dj#\c‘d‘eXk\[#fe#Zfejfc‘[Xk‘fe
B]]\Zk#f]#[‘]]\i\ek#kXo#iXk\j#f]#jlYj‘[‘Xi‘\j#fg\iXk‘e^#‘e#fk_\i#ali‘j[‘Zk‘fej
B‘Ua_W#fSj#WjbW‘eW#dWUaY‘[eWV#[‘#fZW#LfSfW_W‘f#aX#Ida"f#ad#Eaee#S‘V#HfZWd#
ljkiXc‘Xe#ZfigfiXk\#\ek‘k‘\j#fe#kXoXYc\#gif"kj#
le[\i#>ljkiXc‘Xe#kXo#cXn.#Q_\i\#_Xj#Y\\e#ef#Z_Xe^\#‘e#k_\#ZfigfiXk\#kXo#iXk\#n_\e#ZfdgXi\[#n‘k_#k_\#gi\m‘flj#i\gfik‘e^#g\i‘f[.
$6%#.A7B@9#G5K#E97BF98#8>E97G?L#>A#9DH>GL
Kf#Zlii\ek#Xe[#[\]\ii\[#kXo#Xdflekj#_Xm\#Y\\e#Z_Xi^\[#[‘i\Zkcp#kf#\hl‘kp#[li‘e^#k_\#
g\i‘f[#(2015;#%e‘c)
$7%#*HEE9AG#G5K#5FF9GF’?>56>?>G>9F
FeZfd\#kXo#i\Z\‘mXYc\#(gXpXYc\)/i\Z\‘mXYc\
(4,124)
(294)
JSM#_Xj#i\Z\‘m\[#jlYjkXek‘Xc#lg]ifek#gXpd\ekj#[li‘e^#k_\#Zlii\ek#p\Xi#Xe[#]fi#kXo#gligfj\j#k_\j\#Xi\#[\\d\[#Xj#Xjj\jjXYc\#fe#X#ZXj_#
i\Z\‘m\[#YXj‘j#fi#n_\e#leZfe[‘k‘feXc#\ek‘kc\d\ek#Xi‘j\j.#Q_‘j#_Xj#i\jlck\[#‘e#k_\#i\Zf^e‘k‘fe#f]#X#e\k#[\]\ii\[#kXo#Xjj\k,#n_‘cjk#X#kXo#c‘XY‘c‘kp#
Xcjf#Xi‘j\j.
$8%#+9;9EE98#G5K#5FF9G#$ABA&7HEE9AG%
Q\dgfiXip#[‘]]\i\eZ\j
$9%#+9;9EE98#G5K#?>56>?>G>9F
Q\dgfiXip#[‘]]\i\eZ\j
1,928
143
-
(1,703)
+BBH8@!0?B8B9?8@!6ZZil\[#\og\ej\j
A\]\ii\[#i\m\el\
Lk_\i#Xjj\kj
Lk_\i#FekXe^‘Yc\j
Mifg\ikp,#McXek#’#Bhl‘gd\ek
Mifm‘j‘fej
QXo#cfjj\j
Rei\Xc‘j\[#]fi\‘^e#\oZ_Xe^\#cfjj\j
192
95
(2)
(2,027)
12
142
-
28
(57)
4,322
2
(971)
(4)
67
87
42
135
4,417
-
(2,998)
8
209
87
70
(1,560)
3,488
1,928
#!"$
HbW‘[‘Y#
TS^S‘UW#
$l...
ZZil\[#\og\ej\j
A\]\ii\[#i\m\el\
Lk_\i#Xjj\kj
Lk_\i#FekXe^‘Yc\j
Mifg\ikp,#McXek#’#Bhl‘gd\ek
Mifm‘j‘fej
QXo#cfjj\j
Rei\Xc‘j\[#]fi\‘^e#\oZ_Xe^\#cfjj\j
51
95
(2)
(1,678)
20
95
104
5
(1,310)
141
-
-
(349)
(8)
47
(104)
23
(250)
192
95
(2)
(2,027)
12
142
-
28
(1,560)
6.#H\p#dXeX^\d\ek#g\ijfee\c#Zfdg\ejXk‘fe
Q_\#X^^i\^Xk\#Zfdg\ejXk‘fe#f]#k_\#b\p#dXeX^\d\ek#g\ijfee\c#f]#k_\#ZfdgXep#Xe[#k_\#Diflg#‘j#j\k#flk#Y\cfn;
0./4#
$l...
703
81
15
318
1,117
0./3#
$l...
625
64
8
-
697
P_fik-k\id#\dgcfp\\#Y\e\"kj
Mfjk#\dgcfpd\ek#Y\e\"kj
Ife^#k\id#\dgcfp\\#Y\e\"kj
P_Xi\#YXj\[#gXpd\ekj
’$
4<;?98@!.k#Zfjk
Pad]#[‘#bdaYdWee8
#>k#Zfjk
?[‘[eZWV#YaaVe8
#>k#Zfjk
Idah[e[a‘#Xad#aTea^WeW‘UW#
0./4#
$l...
0./3#
$l...
#1,041#
#709#
#480#
#334#
#1,166#
(20)
#858#
(14)
#2,667#
#1,887#
#
Q_\#gifm‘j‘fe#]fi#fYjfc\jZ\eZ\#Xk#30#Gle\#2016#i\gi\j\ekj#
gi\[fd‘eXekcp#fYjfc\k\#gXZb‘e^#dXk\i‘Xcj.
10.#Lk_\i#Zlii\ek#Xjj\kj
Mi\gXpd\ekj
0./4#
$l...
244
0./3#
$l...
175
7.#O\dle\iXk‘fe#f]#
Xl[‘kfij
)H8>GBE#B;#G=9#C5E9AG#9AG>GL
>l[‘k#fi#i\m‘\n#f]#k_\#"eXeZ‘Xc#
i\gfik
QXoXk‘fe#j\im‘Z\j
Lk_\i#j\im‘Z\j
0./4#
$
0./3#
$
#84,530
#79,000#
#36,875
#18,800#
#50,000
#30,000#
171,405
127,800#
#
Q_\#Xl[‘kfi#f]#k_\#\ek‘kp#‘j#A\cf‘kk\#QflZ_\#Qf_dXkjl.#Q_\#
fk_\i#j\im‘Z\j#i\cXk\#kf#ZfigfiXk\#X[m‘jfip#j\im‘Z\j.
8.#@lii\ek#i\Z\‘mXYc\j
QiX[\#i\Z\‘mXYc\j
Lk_\i#[\Ykfij
>ccfnXeZ\#]fi#[flYk]lc#[\Ykj
DPQ#i\Zfm\iXYc\
0./4#
$l...
3,396
4,032
#-#
92
0./3#
$l...
1,777
-
-
42
7,520
1,819
#
#
Q_\#Xm\iX^\#Zi\[‘k#g\i‘f[#fe#jXc\j#f]#^ff[j#kf#[fd\jk‘Z#
Zljkfd\ij#‘j#30#[Xpj,#‘ek\ieXk‘feXc#Zljkfd\ij#60#[Xpj.#Kf#
‘ek\i\jk#‘j#Z_Xi^\[#fe#kiX[\#i\Z\‘mXYc\j.#
FeZcl[\[#‘e#k_\#kiX[\#i\Z\‘mXYc\#YXcXeZ\#Xi\#[\Ykfij#n‘k_#
X#ZXiip‘e^#Xdflek#f]#%124,323#(2015;#%91,046)#n_‘Z_#Xi\#
gXjk#[l\#Xk#k_\#i\gfik‘e^#[Xk\#]fi#n_‘Z_#k_\#Diflg#_Xj#efk#
gifm‘[\[#Xj#k_\i\#_Xj#efk#Y\\e#X#j‘^e‘"ZXek#Z_Xe^\#‘e#Zi\[‘k#
hlXc‘kp#Xe[#k_\#Xdflekj#Xi\#jk‘cc#Zfej‘[\i\[#i\Zfm\iXYc\.#Q_\#
Diflg#[f\j#efk#_fc[#Xep#ZfccXk\iXc#fm\i#k_\j\#YXcXeZ\j.
>^\‘e^#f]#gXjk#[l\#Ylk#efk#‘dgX‘i\[
60-90#[Xpj
=#90#[Xpj
QfkXc
#
0./4#
$l...
0./3#
$l...
48
76
124
##9
82
91
+BBH8@!0?B8B9?8@!6#FeZ
A‘jki‘Ylk‘fe#f]#d\[‘ZXc#
[\m‘Z\j
Re‘k\[#PkXk\j#f]#
>d\i‘ZX
100&
100&
100&
-
12.#Mifg\ikp,#McXek#’#Bhl‘gd\ek
EWSeWZa^V#
[_bdahW_W‘fe#
Sf#Uaef#
$l...
I^S‘f#S‘V#
Wcg[b_W‘f#Sf#
Uaef#
$l...
MafS^#
$l...
#555#
#64#
#-#
#619#
#44#
(248)
415
(288)
(80)
-
(368)
(75)
205
(238)
#251#
#177#
#2,870#
#3,425#
#490#
#77#
#3,437#
#1,376#
(4)
4,809
#554#
#77#
#4,056#
#1,420#
(252)
5,224
(2,012)
(2,300)
(154)
-
(234)
-
(2,166)
(2,534)
(210)
4
(285)
209
(2,372)
(2,610)
#1,271#
#2,437#
#1,522#
#2,614#
@daee#USddk[‘Y#S_ag‘f
?XcXeZ\#Xk#30#Gle\#2014
>[[‘k‘fej
QiXej]\ij#]ifd#fk_\i#‘ekXe^‘Yc\#Xjj\kj
?XcXeZ\#Xk#30#Gle\#2015
>[[‘k‘fej
A‘jgfjXcj
?XcXeZ\#Xk#30#Gle\#2016
9UUg_g^SfWV#VWbdWU[Sf[a‘
?XcXeZ\#Xk#30#Gle\#2014
A\gi\Z‘Xk‘fe#\og\ej\
A‘jgfjXcj
?XcXeZ\#Xk#30#Gle\#2015
A\gi\Z‘Xk‘fe#\og\ej\
A‘jgfjXcj
?XcXeZ\#Xk#30#Gle\#2016
GWf#Taa]#hS^gW
>j#Xk#30#Gle\#2015
>j#Xk#30#Gle\#2016
’&
4<;?98@!.[[‘k‘fej
?XcXeZ\#Xk#\e[#f]#"eXeZ‘Xc#p\Xi
GWf#Taa]#hS^gW
Q_\#i\Zfm\iXYc\#Xdflek#f]#Xcc#k_i\\#ZXj_-^\e\iXk‘e^#le‘kj#
‘j#YXj\[#fe#X#mXcl\#‘e#lj\#ZXcZlcXk‘fe#]fi#\XZ_#le‘k#n_‘Z_#
lj\j#ZXj_#!fn#gifa\Zk‘fej#YXj\[#fe#X#"m\-p\Xi#gifa\Zk‘fe#
g\i‘f[#Xe[#k\id‘eXc#mXcl\.#Q_\#?fXi[#f]#A‘i\Zkfij#Xggifm\[#
"eXeZ‘Xc#Yl[^\k#]fi#k_\#]fccfn‘e^#p\Xi#‘j#lj\[#kf#[\k\id‘e\#
k_\#ZXj_#!fnj#]fi#p\Xi#1.##
O\Zfm\iXYc\#Xdflek#k\jk‘e^#_Xj#Y\\e#YXj\[#fe#B?FQA>#
^ifnk_#iXk\j#]fi#p\Xij#2-5#f];
M_XidXZ\lk‘ZXcj;
12.5&#YXj\[#fe#\ogXej‘fe#‘ekf#
e\n#dXib\kj
0./4
$l...
0./3
$l...
7,368
1,506
8,874
7,368
-
7,368
?XcXeZ\#Xk#Y\^‘ee‘e^#f]#"eXeZ‘Xc#p\Xi
?XcXeZ\#Xk#\e[#f]#"eXeZ‘Xc#p\Xi
7,368
8,874
7,368
7,368
S\k\i‘eXip#\hl‘gd\ek;
J\[‘ZXc#A\m‘Z\j;
15&#YXj\[#fe#\ogXej‘fe#f]#
\o‘jk‘e^#dXib\kj
7.5&#YXj\[#fe#\ogXej‘fe#f]#
\o‘jk‘e^#dXib\kj
Ali‘e^#k_\#p\Xi,#k_\#ZfdgXep#Xjj\jj\[#k_\#i\Zfm\iXYc\#
Xdflek#f]#^ff[n‘cc#Xe[#[\k\id‘e\[#k_Xk#k_\i\#nXj#ef#
‘dgX‘id\ek#(2015;#%e‘c).
9^^aUSf[a‘#aX#YaaVi[^^#fa#USeZ+YW‘WdSf[‘Y#g‘[fe
Dff[n‘cc#_Xj#Y\\e#XccfZXk\[#]fi#‘dgX‘id\ek#k\jk‘e^#gligfj\j#
kf#k_i\\#‘e[‘m‘[lXc#ZXj_-^\e\iXk‘e^#le‘kj;#g_XidXZ\lk‘ZXc#
Ylj‘e\jj,#d\[‘ZXc#[\m‘Z\j#Ylj‘e\jj#Xe[#m\k\i‘eXip#
\hl‘gd\ek#Ylj‘e\jj.#Q_\#ZXiip‘e^#Xdflek#f]#^ff[n‘cc#
XccfZXk\[#kf#ZXj_-^\e\iXk‘e^#le‘kj#‘j#Xj#]fccfnj;
M_XidXZ\lk‘ZXcj
J\[‘ZXc#[\m‘Z\j
S\k\i‘eXip#\hl‘gd\ek
0./4
$l...
0./3
$l...
3,808
3,808
4,485
2,979
581
581
8,874
7,368
>#k\id‘eXc#mXcl\#X]k\i#5#p\Xij#YXj\[#fe#X#cfe^#k\id#^ifnk_#
iXk\#f]#2.5&,#Xe[#X#gi\-kXo#[‘jZflek#iXk\#f]#12.24&#g\i#
Xeeld#(2015;#14.06&#g\i#Xeeld)#_Xm\#Y\\e#lj\[#kf#
ZXcZlcXk\#k_\#ZXiip‘e^#mXcl\#f]#k_\#‘ekXe^‘Yc\#Xjj\kj.
Q_\#b\p#Xjjldgk‘fej#lj\[#‘e#k_\#mXcl\#‘e#lj\#ZXcZlcXk‘fej#
]fi#Xcc#le‘kj#Xi\;
{ B?FQA>#^ifnk_#|#[\jZi‘Y\[#XYfm\<#Xe[
{ Difjj#dXi^‘e#|#‘k#‘j#Xjjld\[#k_Xk#^ifjj#dXi^‘e#f]#
k_\#M_XidXZ\lk‘ZXc#’#J\[‘ZXc#A\m‘Z\j#j\^d\ekj#n‘cc#
Zfek‘el\#kf#‘dgifm\#]fccfn‘e^#‘em\jkd\ek#Xe[#XZk‘m‘k‘\j#
X‘d\[#Xk#‘dgifm\d\ek#‘e#k_\#dXel]XZkli‘e^#gifZ\jj#Xe[#
gifZ\[li\j.#
JXeX^\d\ek#Y\c‘\m\j#k_Xk#Xep#i\XjfeXYcp#gfjj‘Yc\#Z_Xe^\#
‘e#k_\#b\p#Xjjldgk‘fej#fe#n_‘Z_#k_\#i\Zfm\iXYc\#Xdflek#
]fi#\XZ_#f]#k_\#k_i\\#le‘kj#‘j#YXj\[#nflc[#efk#ZXlj\#k_\#
ZXiip‘e^#Xdflekj#kf#\oZ\\[#k_\‘i#i\Zfm\iXYc\#Xdflekj.
+BBH8@!0?B8B9?8@!6[[‘k‘fej
QiXej]\i#kf#MM’B
?XcXeZ\#Xk#30#Gle\#2015
>[[‘k‘fej
?XcXeZ\#Xk#30#Gle\#2016
9UUg_g^SfWV#S_adf[eSf[a‘
?XcXeZ\#Xk#30#Gle\#2014
>dfik‘jXk‘fe#\og\ej\
?XcXeZ\#Xk#30#Gle\#2015
>dfik‘jXk‘fe#\og\ej\
?XcXeZ\#Xk#30#Gle\#2016
GWf#Taa]#hS^gW
>j#Xk#30#Gle\#2015
>j#Xk#30#Gle\#2016
#132#
(77)
#1,593#
#381#
#1,974#
(48)
(71)
(119)
(87)
(206)
#1,474#
#1,768#
#65#
#-##
#448#
#118#
#566#
(136)
(41)
(177)
(49)
(226)
#271#
#340#
#696#
#-##
#7,642#
#1,644#
#9,286#
(298)
(32)
(330)
(621)
(951)
#7,312#
#8,335#
#-##
#-##
#-##
#-##
#738#
#738#
#-##
#-##
#-##
#-##
#-##
#-##
#738#
#-##
#63#
#-##
#63#
#581#
#644#
#-##
#-##
#-##
(53)
(53)
#63#
#591#
#8,867#
#956#
(77)
#9,746#
#3,462#
#13,208#
(482)
(144)
(626)
(810)
(1,436)
#9,120#
#11,772#
Q_\#Xdfik‘jXk‘fe#Z_Xi^\#]fi#k_\#p\Xi#f]#%810,000#(2015;#%144,000)#_Xj#Y\\e#‘eZcl[\[#‘e#X[d‘e‘jkiXk‘fe#\og\ej\j.#Cfi#Xe#\ogcXeXk‘fe#f]#Xdfik‘jXk‘fe#g\i‘f[j#
i\]\i#Kfk\#1(c).
15.#@lii\ek#kiX[\#Xe[## #
16.#?fiifn‘e^j
# fk_\i#gXpXYc\j
QiX[\#gXpXYc\j#(‘)
>ZZil\[#\og\ej\j
Bdgcfp\\#Y\e\"kj#gXpXYc\
M>VD#n‘k_fc[‘e^#kXo#gXpXYc\
0./4#
$l...
1,989
491
37
1
0./3#
$l...
810
387
32
2
2,518
1,231
LWUgdWV#+#Sf#S_adf[eWV#Uaef
E‘i\#MliZ_Xj\#(‘)
E‘i\#MliZ_Xj\#(‘‘)
?Xeb#?‘cc#(‘‘‘)
Lk_\i#(‘m)
(‘)# Q_\#Xm\iX^\#Zi\[‘k#g\i‘f[#fe#gliZ_Xj\#f]#^ff[j#‘j#30#
[Xpj.#Kf#‘ek\i\jk#‘j#Z_Xi^\[#fe#kiX[\#gXpXYc\j.#Q_\#
ZfdgXep#_Xj#"eXeZ‘Xc#i‘jb#dXeX^\d\ek#gfc‘Z‘\j#‘e#gcXZ\#
kf#\ejli\#k_Xk#Xcc#gXpXYc\j#Xi\#gX‘[#n‘k_‘e#k_\#Zi\[‘k#
k‘d\]iXd\.
@lii\ek
Kfe-Zlii\ek
0./4#
$l...
0./3#
$l...
82
37
-
362
481
143
338
481
115
52
538
406
1,111
92
1,019
1,111
’(
4<;?98@!.j#Xk#
30#Gle\#2016#%14.431d#i\dX‘ej#leXdfik‘j\[.
Re\Xie\[#^fm\ied\ek#^iXek#‘eZfd\#i\gi\j\ekj#]le[j#
i\Z\‘m\[#k_ifl^_#k_\#@fdd\iZ‘Xc#O\X[p#Mif^iXdd\#]ifd#
k_\#C\[\iXc#Dfm\ied\ek.
MliZ_Xj\#>^i\\d\ek#‘e#i\cXk‘fe#kf#gcXek#Xe[#\hl‘gd\ek.#
Q_\#k\id#‘j#5#p\Xij#Xe[#k_\#Zlii\ek#n\‘^_k\[#Xm\iX^\#
\]]\Zk‘m\#‘ek\i\jk#iXk\#fe#k_\#cfXe#‘j#6.51&.#Q_\#
X^i\\d\ek#‘j#j\Zli\[#Yp#X#i\^‘jk\i\[#Z_Xi^\#fm\i#k_\#
\hl‘gd\ek#"eXeZ\[.
(‘‘‘)# #Q_\#?Xeb#?‘cc#CXZ‘c‘kp#n‘k_#X#mXi‘XYc\#‘ek\i\jk#iXk\#Xe[#
90#[Xp#ifcc#fm\i#g\i‘f[#nXj#i\e\^fk‘Xk\[#[li‘e^#k_\#
p\Xi.#>j#Xk#30#Gle\#2016,#k_\#]XZ‘c‘kp#‘j#lelj\[.#Q_\#
n\‘^_k\[#Xm\iX^\#\]]\Zk‘m\#‘ek\i\jk#iXk\#fe#k_\#Y‘cc#n_\e#
lj\[#k_ifl^_#k_\#p\Xi#nXj#4.17&#g.X.#Q_\#?Xeb#?‘cc#‘j#
j\Zli\[#Yp#X#i\^‘jk\i\[#Z_Xi^\#fm\i#Xcc#f]#k_\#Diflgxj#
Xjj\kj.#
(‘m)# Le#29#Gle\#2012,#k_\#^iflg#\ek\i\[#‘ekf#Xe#
X^i\\d\ek#n‘k_#k_\#@fddfen\Xck_#PZ‘\ek‘"Z#Xe[#
Fe[ljki‘Xc#O\j\XiZ_#Li^Xe‘jXk‘fe#(w@PFOLx)#kf#]le[#
k_\#[\m\cfgd\ek#f]#X#e\n#gif[lZk‘fe#gifZ\jj#]fi#k_\#
gX‘e#i\c‘\m‘e^#‘e^i\[‘\ek#lj\[#‘e#M\ek_ifo(cid:129).#Cle[‘e^#‘j#
i\Z\‘mXYc\#Xk#k_\#Zfdd\eZ\d\ek#f]#\XZ_#f]#k_i\\#jkX^\j#
f]#[\m\cfgd\ek#Xe[#‘j#gXpXYc\#fm\i#X#k_i\\#p\Xi#k\id#
lgfe#k_\#Zfdgc\k‘fe#f]#k_\#i\c\mXek#jkX^\.#>j#Xk#30#Gle\#
2016,#k_\#jkX^\#1X#Xe[#1Y#Xi\#Zfdgc\k\.#P_flc[#JAF#
[\]Xlck#fe#k_\#cfXe,#@PFOL#_Xj#k_\#fgk‘fe#kf#Zfem\ik#k_\#
[\Yk#‘ekf#j_Xi\j#‘e#JAF#Xk#]X‘i#dXib\k#mXcl\.#Q_‘j#]le[‘e^#
‘j#‘ek\i\jk-]i\\#lek‘c#k_\#"ijk#Xee‘m\ijXip#f]#k_\#Zfdgc\k‘fe#
f]#jkX^\j#1X#Xe[#2#Xe[#‘j#k_\e#ZXcZlcXk\[#Xk#k_\#T\jkgXZ#
?Xeb#I\e[‘e^#OXk\#Xk#k_\#[Xk\#k_\#i\c\mXek#efk\#nXj#
‘jjl\[,#gclj#2&.#Q_\#]le[‘e^#]fi#jkX^\#2#‘j#‘ek\i\jk#]i\\.
(m)# Q_\#Diflg#_Xj#Xe#fm\i[iX]k#]XZ‘c‘kp#f]#%200,000.#>j#Xk#30#
Gle\#2016,#k_‘j#i\dX‘ej#lelj\[.
17.#@lii\ek#gifm‘j‘fej
Bdgcfp\\#Y\e\"kj
0./4#
$l...
0./3##
$l...
254
215
+BBH8@!0?B8B9?8@!6Zhl‘j‘k‘fe
P_Xi\j#Fjjl\[#-#A‘m‘[\e[j#O\‘em\jkd\ek#McXe
@Xg‘kXc#iX‘j‘e^#Zfjkj
117,894
117,019
#########-
440
534
(4)
#########-
#########-
#########-
?XcXeZ\#Xk#\e[#f]#"eXeZ‘Xc#p\Xi
57,960,056
11,916
57,725,143
0./3#
$l...
10,946
#########-
#########-
#########-
10,946
Clccp#gX‘[#fi[‘eXip#j_Xi\j#ZXiip#fe\#mfk\#g\i#j_Xi\#Xe[#ZXiip#
k_\#i‘^_k#kf#[‘m‘[\e[j.#
#
0./4#
$l...
0./3#
$l...
20(Y)#P_Xi\#fgk‘fej#^iXek\[#le[\i#k_\#@BL#Ife^#Q\id#
FeZ\ek‘m\#McXe.
’T(#>_b^akWW#Wcg[fk+eWff^WV#TW‘W"fe#
dWeWdhW
>k#30#Gle\#2016,#k_\#@BL#_\c[#fgk‘fej#fm\i#1,000,000#
fi[‘eXip#j_Xi\j#f]#k_\#@fdgXep.#P_Xi\#fgk‘fej#^iXek\[#kf#
k_\#@BL#ZXiip#ef#i‘^_kj#kf#[‘m‘[\e[j#Xe[#ef#mfk‘e^#i‘^_kj.
?XcXeZ\#Xk#Y\^‘ee‘e^#f]#p\Xi
P_Xi\-YXj\[#gXpd\ek#i\Zf^e‘j\[
?XcXeZ\#Xk#\e[#f]#p\Xi
-
318
318
-
-
-
21.#O\j\im\j
’S(#?adW[Y‘#UgddW‘Uk#fdS‘e^Sf[a‘#
dWeWdhW
?XcXeZ\#Xk#Y\^‘ee‘e^#f]#p\Xi
BoZ_Xe^\#[‘]]\i\eZ\j#Xi‘j‘e^#fe#
kiXejcXk‘e^#k_\#]fi\‘^e#fg\iXk‘fej
?XcXeZ\#Xk#\e[#f]#p\Xi
0./4#
$l...
0./3#
$l...
21
(82)
(61)
(33)
54
21
BoZ_Xe^\#[‘]]\i\eZ\j#i\cXk‘e^#kf#k_\#kiXejcXk‘fe#f]#k_\#i\jlckj#
Xe[#e\k#Xjj\kj#f]#k_\#Diflgxj#]fi\‘^e#fg\iXk‘fej#]ifd#k_\‘i#
]leZk‘feXc#Zlii\eZ‘\j#kf#k_\#Diflgxj#gi\j\ekXk‘fe#Zlii\eZp#
(‘.\.#>ljkiXc‘Xe#[fccXij)#Xi\#i\Zf^e‘j\[#[‘i\Zkcp#‘e#fk_\i#
Zfdgi\_\ej‘m\#‘eZfd\#Xe[#XZZldlcXk\[#‘e#k_\#]fi\‘^e#
Zlii\eZp#kiXejcXk‘fe#i\j\im\.#DX‘ej#Xe[#cfjj\j#fe#_\[^‘e^#
‘ejkild\ekj#k_Xk#Xi\#[\j‘^eXk\[#Xj#_\[^‘e^#‘ejkild\ekj#
]fi#_\[^\j#f]#e\k#‘em\jkd\ekj#‘e#]fi\‘^e#fg\iXk‘fej#Xi\#
‘eZcl[\[#‘e#k_\#]fi\‘^e#Zlii\eZp#kiXejcXk‘fe#i\j\im\.#
BoZ_Xe^\#[‘]]\i\eZ\j#gi\m‘fljcp#XZZldlcXk\[#‘e#k_\#]fi\‘^e#
Zlii\eZp#kiXejcXk‘fe#i\j\im\#(‘e#i\jg\Zk#f]#kiXejcXk‘e^#Yfk_#
k_\#e\k#Xjj\kj#f]#]fi\‘^e#fg\iXk‘fej#Xe[#_\[^\j#f]#]fi\‘^e#
fg\iXk‘fej)#Xi\#i\ZcXjj‘"\[#kf#gif"k#fi#cfjj#fe#k_\#[‘jgfjXc#f]#
k_\#]fi\‘^e#fg\iXk‘fe.
Q_\#XYfm\#\hl‘kp#j\kkc\[#\dgcfp\\#Y\e\"kj#i\j\im\#i\cXk\[#
kf#j_Xi\#fgk‘fej#^iXek\[#Yp#k_\#ZfdgXep#kf#‘kj#@BL#le[\i#
‘kj#\dgcfp\\#j_Xi\#fgk‘fe#gcXe.#Clik_\i#‘e]fidXk‘fe#XYflk#
j_Xi\-YXj\[#gXpd\ekj#kf#\dgcfp\\j#‘j#j\k#flk#‘e#efk\#32.
22.#O\kX‘e\[#\Xie‘e^j
0./4#
$l...
0./3#
$l...
?XcXeZ\#Xk#Y\^‘ee‘e^#f]#"eXeZ‘Xc#p\Xi
6,440
4,911
A‘m‘[\e[j#gX‘[
(1,157)
-
K\k#gif"k#Xkki‘YlkXYc\#kf#d\dY\ij
1,569
1,529
?XcXeZ\#Xk#\e[#f]#"eXeZ‘Xc#p\Xi
6,852
6,440
23.#BXie‘e^j#g\i#j_Xi\
?Xj‘Z#\Xie‘e^j#g\i#j_Xi\
A‘clk\[#\Xie‘e^j#g\i#j_Xi\
0./4#
e#‘ek\i‘d#[‘m‘[\e[#f]#2#Z\ekj#g\i#j_Xi\#nXj#[\ZcXi\[#Xe[#
gX‘[#‘e#k_\#Zlii\ek#p\Xi#Xe[#X#"eXc#[‘m‘[\e[#f]#2#Z\ekj#g\i#
j_Xi\#nXj#[\ZcXi\[#‘e#i\jg\Zk#f]#k_\#]lcc#p\Xi#\e[\[#30#Gle\#
2016.#
Q_\#‘ek\i‘d#[‘m‘[\e[#gX‘[#[li‘e^#k_\#30#Gle\#2016#p\Xi#
i\jlck\[#‘e#k_\#ZfdgXep#gXp‘e^#[‘m‘[\e[j#f]#%623,000#
Xe[#k_\#YXcXeZ\#f]#%534,000#‘jjl\[#Xj#j_Xi\j#le[\i#k_\#
A‘m‘[\e[#O\‘em\jkd\ek#McXe.
Q_\i\#n\i\#ef#[‘m‘[\e[j#[\ZcXi\[#‘e#i\jg\Zk#kf#k_\#gi‘fi#
p\Xi.
>[aljk\[#]iXeb‘e^#XZZflek#YXcXeZ\
4134
106
0./4#
$l...
0./3#
$l...
0./4
0./3
UW‘fe#bWd#
eZSdW
$l...
UW‘fe#bWd#
eZSdW
$l...
#2.0#
#2.0#
#2.0#
2.0
#1,157#
#1,157#
#1,157#
#1,157#
#-##
#-##
-
-
#-##
#-##
#-##
#-##
+BBH8@!0?B8B9?8@!6l^ljk#2016#‘k#nXj#XeefleZ\[#k_Xk#kiXeZ_\#fe\#f]#
k_\#@BL#Ife^#Q\id#FeZ\ek‘m\#Lgk‘fe#McXe#_X[#m\jk\[#Xe[#
Y\\e#\o\iZ‘j\[#i\jlck‘e^#‘e#k_\#‘jjl‘e^#f]#400,000#j_Xi\j.#
QiXeZ_\#2#f]#k_‘j#McXe#]fi#X#]lik_\i#400,000#j_Xi\j#Xcjf#
m\jk\[#fe#11#Glcp#2016#Xe[#‘j#XYc\#kf#Y\#\o\iZ‘j\[#lg#lek‘c#
11#LZkfY\i#2016.
Le#k_\#18k_#>l^ljk#2016#k_\#?fXi[#f]#A‘i\Zkfij#[\ZcXi\[#
X#]lccp#]iXeb\[#"eXc#[‘m‘[\e[#f]#2#Z\ekj#g\i#j_Xi\#kf#k_\#
_fc[\ij#f]#]lccp#gX‘[#fi[‘eXip#j_Xi\j#Xj#Xk#k_\#i\Zfi[#[Xk\#f]#
2#P\gk\dY\i#2016,#kf#Y\#gX‘[#kf#k_\#j_Xi\_fc[\ij#fe#k_\#
7#LZkfY\i#2016.#Q_‘j#[‘m‘[\e[#_Xj#efk#Y\\e#‘eZcl[\[#Xj#X#
c‘XY‘c‘kp#‘e#k_\j\#"eXeZ‘Xc#jkXk\d\ekj.
Q_\i\#_Xj#efk#Y\\e#ef#fk_\i#dXkk\i#fi#Z‘iZldjkXeZ\#
k_Xk#_Xj#Xi‘j\e#k_Xk#_Xj#j‘^e‘"ZXekcp#X]]\Zk\[,#fi#dXp#
j‘^e‘"ZXekcp#X]]\Zk#k_\#fg\iXk‘fej#f]#k_\#ZfdgXep,#k_\#
i\jlckj#f]#k_fj\#fg\iXk‘fej,#fi#k_\#jkXk\#f]#X]]X‘ij#f]#k_\#
ZfdgXep#‘e#]lkli\#p\Xij.
Lg\iXk‘e^#c\Xj\j#gi‘dXi‘cp#i\cXk\#kf#]XZkfip#c\Xj\j#n‘k_#
i\dX‘e‘e^#c\Xj\#k\idj#iXe^‘e^#]ifd#2.5#kf#9.5#p\Xij.#Q_\#
ZfdgXep#[f\j#efk#_Xm\#k_\#fgk‘fe#kf#gliZ_Xj\#k_\#c\Xj\[#
Xjj\k#Xk#k_\#\og‘ip#f]#k_\#c\Xj\#g\i‘f[.
Ga‘#US‘UW^^ST^W#abWdSf[‘Y#
^WSeW#bSk_W‘fe8
Kfk#cfe^\i#k_Xe#1#p\Xi
Ife^\i#k_Xe#1#p\Xi#Xe[#efk#
cfe^\i#k_Xe#5#p\Xij
Di\Xk\i#k_Xe#5#p\Xij
0./4#
$l...
0./3#
$l...
108
1,331
1,540
2,979
82
13
#-##
95
26.#@fdd‘kd\ekj#]fi## #
# \og\e[‘kli\
’S(#-Q\Z_#(i\]\i#efk\#33#]fi#]lik_\i#
[\kX‘cj#XjjfZ‘Xk\[#n‘k_#k_‘j#XZhl‘j‘k‘fe).#Q_‘j#kiXejXZk‘fe#
nXj#dX[\#fe#Xe#Xidxj#c\e^k_#YXj‘j#fe#efidXc#Zfdd\iZ‘Xc#
k\idj.#J\[‘ZXc#A\m\cfgd\ekj#Fek\ieXk‘feXc#@_X‘idXe,#AXm‘[#
T‘cc‘Xdj,#‘j#k_\#fne\i#Xe[#JXeX^‘e^#A‘i\Zkfi#f]#H‘[[\i#
T‘cc‘Xdj.
Q_\i\#n\i\#ef#fk_\i#i\cXk\[#gXikp#kiXejXZk‘fej#[li‘e^#k_\#
2016#fi#2015#"eXeZ‘Xc#p\Xij.
?XcXeZ\j#Xe[#kiXejXZk‘fej#Y\kn\\e#k_\#@fdgXep#Xe[#‘kj#
jlYj‘[‘Xi‘\j#n_‘Z_#Xi\#i\cXk\[#gXik‘\j#f]#k_\#ZfdgXep#_Xm\#
Y\\e#\c‘d‘eXk\[#fe#Zfejfc‘[Xk‘fe#Xe[#Xi\#efk#[‘jZcfj\[#‘e#
k_‘j#efk\.
("
4<;?98@!.dflek#lelj\[
?Xeb#Y‘cc#]XZ‘c‘kp#n‘k_#X#90#[Xp#ifcc#fm\i#g\i‘f[;
#>dflek#lj\[
#>dflek#lelj\[
1,569
(22)
1,096
202
6
-
3,830
(3,488)
(5,701)
(780)
(69)
1,258
39
13,789
21
12,067
200
200
#
-
2,960
2,960
#1,529#
(5)
#377#
(32)
-
79
806
250
(11)
(441)
(22)
155
35
616
23
3,359
200
200
#
538
3,262
3,800
+BBH8@!0?B8B9?8@!6l[‘k#Xe[#O‘jb#@fdd‘kk\\#i\m‘\nj#k_\#ZXg‘kXc#
jkilZkli\#f]#k_\#Diflg#fe#X#j\d‘-XeelXc#YXj‘j.#>j#gXik#f]#
k_‘j#i\m‘\n,#k_\#Zfdd‘kk\\#Zfej‘[\ij#k_\#Zfjk#f]#ZXg‘kXc#Xe[#
k_\#i‘jbj#XjjfZ‘Xk\[#n‘k_#\XZ_#ZcXjj#f]#ZXg‘kXc.#Q_\#^\Xi‘e^#
iXk‘f#Xk#30#Gle\#2016#‘j#-27&#(j\\#Y\cfn).#
A\Yk#(‘)
@Xj_#Xe[#YXeb#YXcXeZ\j
K\k#[\Yk#/#(ZXj_)
0./4#
$l...
481
(5,620)
(5,139)
0./3#
$l...
1,111
(954)
157
Bhl‘kp#(‘‘)
19,025
17,407
K\k#[\Yk#kf#\hl‘kp#iXk‘f
-27&
1&
(‘)# A\Yk#‘j#[\"e\[#Xj#cfe^-k\id#Xe[#j_fik-k\id#Yfiifn‘e^j#
Xj#[\jZi‘Y\[#‘e#efk\#16.
(‘‘)# #Bhl‘kp#‘eZcl[\j#Xcc#ZXg‘kXc#Xe[#i\j\im\j#f]#k_\#^iflg#k_Xk#
Xi\#dXeX^\[#Xj#ZXg‘kXc.
Q_\#YXeb#Y‘cc#]XZ‘c‘kp#‘eZcl[\j#"eXeZ‘Xc#Zfm\eXekj#n_\i\Yp#k_\#
Zlii\ek#iXk‘f#dljk#Y\#ef#c\jj#k_Xe#2#k‘d\j,#X#[\Yk#Zfm\i#iXk‘f#
k_Xk#dljk#Y\#ef#c\jj#k_Xe#2#k‘d\j#Xe[#k_\#fg\iXk‘e^#c\m\iX^\#
iXk‘f#dljk#Y\#ef#_‘^_\i#k_Xe#3#k‘d\j.#Jfe‘kfi‘e^#f]#jX‘[#
Zfm\eXekj#‘j#g\i]fid\[#dfek_cp#Yp#dXeX^\d\ek#Xe[#j‘^e\[#
f]]#hlXik\icp#Yp#dXeX^\d\ek.
Q_\i\#_Xm\#Y\\e#ef#Yi\XZ_\j#‘e#k_\#Zlii\ek#p\Xi#Xe[#k_\i\#
Xi\#ef#]fi\ZXjk\[#Yi\XZ_\j#]fi#]fik_Zfd‘e^#g\i‘f[j.
A\kX‘cj#f]#j‘^e‘"ZXek#XZZflek‘e^#gfc‘Z‘\j#Xe[#d\k_f[j#
X[fgk\[,#‘eZcl[‘e^#k_\#Zi‘k\i‘X#]fi#i\Zf^e‘k‘fe,#k_\#YXj‘j#
f]#d\Xjli\d\ek#Xe[#k_\#YXj‘j#fe#n_‘Z_#i\m\el\j#Xe[#
\og\ej\j#Xi\#i\Zf^e‘j\[,#‘e#i\jg\Zk#f]#\XZ_#ZcXjj#f]#
"eXeZ‘Xc#Xjj\k,#"eXeZ‘Xc#c‘XY‘c‘kp#Xe[#\hl‘kp#‘ejkild\ek#Xi\#
[‘jZcfj\[#‘e#efk\#1#kf#k_\#"eXeZ‘Xc#jkXk\d\ekj.
Q_\j\#gfc‘Z‘\j#n\i\#Zfej‘jk\ek#k_ifl^_flk#k_\#Zlii\ek#p\Xi#
Xe[#k_\#gi‘fi#p\Xi.
’U(#?[‘S‘U[S^#d[e]#_S‘SYW_W‘f#aT\WUf[hWe
Q_\#Diflgxj#"eXeZ\#]leZk‘fe#gifm‘[\j#j\im‘Z\j#kf#k_\#
Ylj‘e\jj,#Zf-fi[‘eXk\j#XZZ\jj#kf#[fd\jk‘Z#Xe[#‘ek\ieXk‘feXc#
"eXeZ‘Xc#dXib\kj,#dfe‘kfij#Xe[#dXeX^\j#"eXeZ‘Xc#i‘jbj#
i\cXk‘e^#kf#k_\#fg\iXk‘fej#f]#k_\#Diflg.#Q_\j\#i‘jbj#‘eZcl[\#
dXib\k#i‘jb#(‘eZcl[‘e^#Zlii\eZp#i‘jb,#]X‘i#mXcl\#‘ek\i\jk#iXk\#
i‘jb#Xe[#gi‘Z\#i‘jb),#Zi\[‘k#i‘jb,#c‘hl‘[‘kp#i‘jb#Xe[#ZXj_#!fn#
‘ek\i\jk#iXk\#i‘jb.
’V(#gXik#]ifd#k_\#k_i\\#cXi^\jk#Zljkfd\ij#f]#k_\#Diflg#(i\]\i#kf#
Kfk\j#3#Xe[#8),#k_\#Diflg#[f\j#efk#_Xm\#j‘^e‘"ZXek#Zi\[‘k#
i‘jb#\ogfjli\#kf#Xep#j‘e^c\#Zflek\igXikp#fi#Xep#^iflg#f]#
Zflek\igXik‘\j#_Xm‘e^#j‘d‘cXi#Z_XiXZk\i‘jk‘Zj.#Q_\#Diflg#
[\"e\j#Zflek\igXik‘\j#Xj#_Xm‘e^#j‘d‘cXi#Z_XiXZk\i‘jk‘Zj#‘]#
k_\p#Xi\#i\cXk\[#\ek‘k‘\j.#@feZ\ekiXk‘fe#f]#Zi\[‘k#i‘jb#kf#Xep#
fk_\i#Zflek\igXikp#[‘[#efk#\oZ\\[#5&#f]#^ifjj#dfe\kXip#
Xjj\kj#Xk#Xep#k‘d\#[li‘e^#k_\#p\Xi.
($
4<;?98@!.NK
dflekj#f]#\ogfjli\#Xi\#efk#Zlii\ekcp#j‘^e‘"ZXek#Xe[#Xj#
jlZ_#]finXi[#ZfekiXZkj#Xe[#Zlii\eZp#jnXg#X^i\\d\ekj#Xi\#
efk#lj\[.
?adW[Y‘#UgddW‘Uk#eW‘e[f[h[fk#S‘S^ke[e
Q_\#Diflg#gi\[fd‘eXekcp#kiX[\j#‘e#>ljkiXc‘Xe#[fccXij#(>RA),#
Ylk#_Xj#c‘d‘k\[#\ogfjli\#kf#k_\#RP#[fccXi#(RPA)#Xe[#Di\Xk#
?i‘kX‘e#Mfle[#(D?M)#YXj\[#fe#X#gfik‘fe#f]#‘kj#fm\ij\Xj#jXc\j#
Xe[#gliZ_Xj\j.
Q_\#]fccfn‘e^#kXYc\#[\kX‘cj#k_\#Diflgxj#j\ej‘k‘m‘kp#kf#X#
10&#‘eZi\Xj\#Xe[#[\Zi\Xj\#‘e#k_\#>ljkiXc‘Xe#AfccXi#
X^X‘ejk#k_\#RPA#Xe[#D?M.#10&#‘j#k_\#j\ej‘k‘m‘kp#iXk\#lj\[#
n_\e#Xjj\jj‘e^#]fi\‘^e#Zlii\eZp#i‘jb#‘ek\ieXccp#Yp#b\p#
dXeX^\d\ek#Xe[#i\gi\j\ekj#dXeX^\d\ekxj#Xjj\jjd\ek#
f]#k_\#gfjj‘Yc\#Z_Xe^\#‘e#]fi\‘^e#Zlii\eZp#iXk\j.#Q_\#
j\ej‘k‘m‘kp#XeXcpj‘j#‘eZcl[\j#fecp#flkjkXe[‘e^#]fi\‘^e#Zlii\eZp#
[\efd‘eXk\[#dfe\kXip#‘k\dj#Xe[#X[aljkj#k_\‘i#kiXejcXk‘fe#
Xk#k_\#g\i‘f[#\e[#]fi#X#10&#Z_Xe^\#‘e#]fi\‘^e#Zlii\eZp#
iXk\j.#>#gfj‘k‘m\#eldY\i#‘e[‘ZXk\j#Xe#‘eZi\Xj\#‘e#gif"k#fi#
cfjj#n_\i\#k_\#>ljkiXc‘Xe#AfccXi#jki\e^k_\ej#X^X‘ejk#k_\#
i\jg\Zk‘m\#Zlii\eZp.#Cfi#X#n\Xb\e‘e^#f]#k_\#>ljkiXc‘Xe#AfccXi#
X^X‘ejk#k_\#i\jg\Zk‘m\#Zlii\eZp#k_\i\#nflc[#Y\#Xe#\hlXc#Xe[#
fggfj‘k\#‘dgXZk#fe#k_\#gif"k.
NL=#B_bSUf
0./4#
$l...
(471)
0./3#
$l...
(35)
@;I#B_bSUf
0./4#
$l...
(72)
0./3#
$l...
13
Mif"k#fi#Ifjj
Mif"k#fi#Ifjj
#
Q_‘j#‘j#Xkki‘YlkXYc\#kf#k_\#\ogfjli\#flkjkXe[‘e^#fe#RPA#
i\Z\‘mXYc\j#Xe[#gXpXYc\j#Xk#p\Xi#\e[#‘e#k_\#Diflg.#Q_\#
\ogfjli\#kf#dfm\d\ek#‘e#KWA,#BRO,#Xe[#@>A#‘j#efk#
[\\d\[#kf#Y\#j‘^e‘"ZXek.
’X(#?S[d#hS^gW#aX#"‘S‘U[S^#[‘efdg_W‘fe
Q_\#A‘i\Zkfij#Zfej‘[\i#k_Xk#k_\#ZXiip‘e^#Xdflek#f]#"eXeZ‘Xc#
Xjj\kj#Xe[#c‘XY‘c‘k‘\j#i\Zfi[\[#Xk#Xdfik‘j\[#Zfjk#‘e#k_\#
"eXeZ‘Xc#jkXk\d\ekj#Xggifo‘dXk\j#k_\‘i#i\jg\Zk‘m\#e\k#]X‘i#
mXcl\j,#[\k\id‘e\[#‘e#XZZfi[XeZ\#n‘k_#k_\#XZZflek‘e^#
gfc‘Z‘\j#[‘jZcfj\[#‘e#efk\#1#kf#k_\#"eXeZ‘Xc#jkXk\d\ekj.
Q_\#Diflg#[f\j#efk#i\Zf^e‘j\#Xep#"eXeZ‘Xc#‘ejkild\ekj#k_Xk#
Xi\#d\Xjli\[#jlYj\hl\ek#kf#‘e‘k‘Xc#i\Zf^e‘k‘fe#Xk#]X‘i#mXcl\.
’Y(#B‘fWdWef#dSfW#d[e]#_S‘SYW_W‘f
Q_\#Diflg#‘j#\ogfj\[#kf#‘ek\i\jk#iXk\#i‘jb#Xj#‘k#_fc[j#ZXj_#Xk#
!fXk‘e^#‘ek\i\jk#iXk\j.#Q_\#]fccfn‘e^#kXYc\#[\kX‘cj#k_\#Diflgxj#
\ogfjli\#kf#‘ek\i\jk#iXk\#i‘jb#Xj#Xk#30#Gle\#2016#Xe[#30#
Gle\#2015.
#!"%
OSd[ST^W#[‘fWdWef#dSfW#_Sfgd[fk
9hWdSYW#
[‘fWdWef#dSfW#
%
EWee#fZS‘##
/#kWSd#
$l...
/#fa#3#
kWSde#
$l...
FadW#fZS‘#
3#kWSde#
$l...
")+#+%)#*!#//’0/
@Xj_
O\Z\‘mXYc\j
")+#+%)#*!*)#$)*)0)’/
MXpXYc\j
?fiifn‘e^j
0.03&
-
-
5.43&
5,620
########-
5,620
########-
#143
143
-
-
-
-
338
338
-
-
-
-
-
-
Ga‘+
[‘fWdWef#
TWSd[‘Y#
$l...
-
7,520
7,520
2,518
-
2,518
MafS^#
$l...
5,620
7,520
13,140
2,518
481
2,999
+BBH8@!0?B8B9?8@!6jj\kj
Kfe-@lii\ek#>jj\kj
QfkXc#>jj\kj
E[ST[^[f[We
#16,419#
#25,093#
#41,512#
@lii\ek#I‘XY‘c‘k‘\j
#6,958#
Kfe-@lii\ek#I‘XY‘c‘k‘\j
#15,175#
QfkXc#I‘XY‘c‘k‘\j
#22,133#
#4,631#
#18,003#
#22,634#
#1,678#
#3,151#
#4,829#
>cg[fk
Fjjl\[#ZXg‘kXc
#11,916#
#10,946#
O\j\im\j
O\kX‘e\[#\Xie‘e^j
QfkXc#Bhl‘kp
#318#
#7,145#
#19,379#
#-##
#6,859#
#17,805#
#
?[‘S‘U[S^#IWdXad_S‘UW
Mif"k#]fi#k_\#p\Xi
#1,443#
#1,564#
0./4#
$l...
0./3#
$l...
32.1#@BL#j_Xi\#fgk‘fe#gcXe
Q_\#]fccfn‘e^#j_Xi\-YXj\[#gXpd\ek#XiiXe^\d\ekj#n\i\#‘e#
\o‘jk\eZ\#[li‘e^#k_\#Zlii\ek#i\gfik‘e^#g\i‘f[.
Le#18#GXelXip#2016#k_\#ZfdgXep#XeefleZ\[#‘k#_Xj#X^i\\[#
kf#X#Ife^#Q\id#FeZ\ek‘m\#McXe#wIQFMx#n‘k_#Ji.#Gf_e#P_XidXe,#
k_\#@BL#f]#J\[‘ZXc#A\m\cfgd\ekj#Fek\ieXk‘feXc#I‘d‘k\[#kf#
\eZfliX^\#_‘j#cfe^#k\id#Zfdd‘kd\ek#kf#k_\#Ylj‘e\jj.
Q_\#b\p#gcXe#]\Xkli\j#Xi\#jlddXi‘j\[#Xj#]fccfnj;
{#
{#
#>#^iXek#f]#400,000#fgk‘fej#n‘k_#X#jki‘b\#gi‘Z\#f]#%2.50#
Ylk#m\jk‘e^#fecp#n_\e#k_\#JSM#j_Xi\#gi‘Z\#_Xj#Y\\e#
XYfm\#%4.50#Xk#Xcc#k‘d\j#]fi#60#Zfek‘elflj#>PU#QiX[‘e^#
[Xpj.#Q_\j\#fgk‘fej#n‘cc#\og‘i\#28#C\YilXip#2017.
#>#^iXek#f]#400,000#fgk‘fej#n‘k_#X#jki‘b\#gi‘Z\#f]#%2.50#
Ylk#m\jk‘e^#fecp#n_\e#k_\#JSM#j_Xi\#gi‘Z\#_Xj#Y\\e#
XYfm\#%5.50#]fi#60#Zfek‘elflj#>PU#QiX[‘e^#[Xpj.#Q_\j\#
fgk‘fej#n‘cc#\og‘i\#30#P\gk\dY\i#2017<#Xe[
{# >#^iXek#f]#200,000#fgk‘fej#n‘k_#X#jki‘b\#gi‘Z\#f]#%2.50#
Ylk#m\jk‘e^#fecp#n_\e#i\‘dYlij\d\ek#‘j#Xggifm\[#]fi#
M\ek_ifo!#‘e#D\idXep#fi#O\^‘jkiXk‘fe#‘j#Xggifm\[#‘e#
D\idXep#(n_‘Z_\m\i#fZZlij#"ijk).#Q_\j\#fgk‘fej#n‘cc#
\og‘i\#fe#k_\#31#A\Z\dY\i#2016.
BXZ_#j_Xi\#fgk‘fe#Zfem\ikj#‘ekf#fe\#fi[‘eXi‘cp#j_Xi\#f]#
J\[‘ZXc#A\m\cfgd\ekj#I‘d‘k\[#fe#\o\iZ‘j\.#Kf#Xdflekj#Xi\#
gX‘[#fi#gXpXYc\#Yp#k_\#i\Z‘g‘\ek#fe#k_\#i\Z\‘gk#f]#k_\#fgk‘fe#
efi#Xi\#k_\p#kiX[\XYc\#Xk#Xep#k‘d\.#Q_\#fgk‘fej#ZXiip#e\‘k_\i#
i‘^_kj#kf#[‘m‘[\e[j#fi#mfk‘e^#i‘^_kj.#
Re[\i#k_\#k\idj#f]#k_\#gcXe,#Xcc#flkjkXe[‘e^#fgk‘fej#n‘cc#Y\#
ZXeZ\cc\[#‘]#Ji.#P_XidXe#c\Xm\j#fi#‘j#fk_\in‘j\#ef#cfe^\i#
\dgcfp\[#Xk#JSM.#T_\e#k_\#IQFM#[\c‘m\ij#Xe#\ek‘kc\d\ek#kf#
Xe#\hl‘kp#‘ek\i\jk#m‘X#k_\#gi\mX‘c‘e^#j_Xi\#gi‘Z\#_li[c\,#Ji.#
P_XidXe#n‘cc#_Xm\#3#dfek_j#kf#\o\iZ‘j\#k_\#i\c\mXek#fgk‘fej,#
X]k\i#n_‘Z_#k_\#i\c\mXek#fgk‘fej#n‘cc#cXgj\.#Fe#\XZ_#ZXj\,#
60&#f]#k_\#e\n#j_Xi\j#‘jjl\[#Yp#\o\iZ‘j‘e^#fgk‘fej#n‘cc#Y\#
\jZifn\[#]fi#X#g\i‘f[#f]#12#dfek_j#]ifd#‘jjl\#[Xk\.#
A‘m‘[\e[j#gX‘[
Lk_\i#Zfdgi\_\ej‘m\#‘eZfd\
(1,157)
#-##
#-##
#-##
Q_\i\#_Xj#Y\\e#ef#Xck\iXk‘fe#kf#k_\#k\idj#Xe[#Zfe[‘k‘fej#
f]#k_\#XYfm\#j_Xi\#YXj\[#gXpd\ek#XiiXe^\d\ek#j‘eZ\#
^iXek#[Xk\.
QfkXc#Zfdgi\_\j‘m\#‘eZfd\
#286#
#1,564#
#
Q_\#Zfdd‘kd\ekj#f]#k_\#gXi\ek#Xi\#k_\#jXd\#Xj#k_fj\#f]#k_\#
fm\iXcc#Zfejfc‘[Xk\[#^iflg.
+BBH8@!0?B8B9?8@!6m‘kX#
J\[‘ZXc#I‘d‘k\[.#Q_‘j#XZhl‘j‘k‘fe#‘eZcl[\[#k_\#?i\Xk_->-
Q\Z_#YiXe[\[#iXe^\#f]#gif[lZkj,#n_‘Z_#‘j#k_\#c\X[‘e^#YiXe[#
f]#Xjk_dX#jgXZ\#Z_XdY\ij#‘e#k_\#>ljkiXc‘Xe#g_XidXZp#
Xe[#_fjg‘kXc#dXib\kj#Xe[#n‘cc#_\cg#\jkXYc‘j_#J\[‘ZXc#
A\m\cfgd\ekj#Fek\ieXk‘feXc#Xj#dXib\k#c\X[\i#k_ifl^_flk#
>ljkiXc‘X#‘e#Xjk_dX#i\jg‘iXkfip#[\m‘Z\j.
Lgk‘fej#n‘k_#j_Xi\#dXib\k#gi‘Z\#g\i]fidXeZ\#_li[c\j#n\i\#
gi‘Z\[#lj‘e^#X#Jfek\#@Xicf#mXclXk‘fe#df[\c.#Q_\#Jfek\#
@Xicf#df[\c#\jk‘dXk\j#k_\#XZ_‘\m\d\ek#f]#k_\#m\jk‘e^#
_li[c\j#Xe[#ZXcZlcXk\j#k_\#gi\j\ek#mXcl\#f]#k_\#gXp#f]]#
fe#m\jk‘e^.#Fk#\eXYc\j#jg\Z‘"Z#df[\cc‘e^#f]#k_\#_li[c\j#
jg\Z‘"\[#le[\i#k_\#gcXe,#‘e#gXik‘ZlcXi#k_\#i\hl‘i\d\ek#]fi#
X#j_Xi\#gi‘Z\#d‘e‘dld#kf#Y\#dX‘ekX‘e\[#]fi#X#jg\Z‘"\[#
k‘d\.#Lgk‘fej#n‘k_#fk_\i#g\i]fidXeZ\#_li[c\j#m\jk‘e^#
Zfe[‘k‘fej#n_\i\#k_\#flkZfd\#‘j#Y‘eXip,#n\i\#gi‘Z\[#lj‘e^#
X#?‘efd‘Xc#fgk‘fe#gi‘Z‘e^#df[\c.#T_\i\#i\c\mXek,#k_\#
\og\Zk\[#lj\]lc#c‘]\#lj\[#‘e#k_\#df[\c#_Xj#Y\\e#X[aljk\[#
YXj\[#fe#dXeX^\d\ekxj#Y\jk#\jk‘dXk\#]fi#k_\#\]]\Zkj#f]#
efe-kiXej]\iXY‘c‘kp#Xe[#\o\iZ‘j\#i\jki‘Zk‘fej#(‘eZcl[‘e^#k_\#
gifYXY‘c‘kp#f]#d\\k‘e^#dXib\k#Zfe[‘k‘fej#XkkXZ_\[#kf#k_\#
fgk‘fe).#Bog\Zk\[#mfcXk‘c‘kp#‘j#YXj\[#fe#k_\#_‘jkfi‘ZXc#j_Xi\#
gi‘Z\#mfcXk‘c‘kp#fm\i#k_\#gXjk#2#p\Xij.#
’S(#M#gi‘fi#kf#
Zfdgc\k‘fe#(\jZifn\[#]fi#6#dfek_j).#
>Zhl‘j‘k‘fe-i\cXk\[#Zfjkj#Xdflek‘e^#kf#%238,313#_Xm\#Y\\e#
\oZcl[\[#]ifd#k_\#Zfej‘[\iXk‘fe#kiXej]\ii\[#Xe[#_Xm\#Y\\e#
i\Zf^e‘j\[#Xj#Xe#\og\ej\#‘e#k_\#‘eZfd\#jkXk\d\ek#[li‘e^#
k_\#Zlii\ek#p\Xi.
’T(#9eeWfe#SUcg[dWV#Sf#fZW#VSfW#aX#SUcg[e[f[a‘#
#
#
32.3#Jfm\d\ek#‘e#j_Xi\#fgk‘fej##
#
# [li‘e^#k_\#p\Xi
-Q\Z_#‘e#k_\#Zlii\ek#p\Xi#j‘eZ\#XZhl‘j‘k‘fe#fe#5#C\YilXip#
2016#kfkXcj#%789,000,#n_‘cjk#k_\#gif"k#X]k\i#kXo#i\jlck#Zfeki‘Ylk‘fe#‘j#%362,000#(\oZcl[‘e^#XZhl‘j‘k‘fe#i\cXk\[#Zfjkj).#>e#
XeelXc‘j\[#gif"k#Zfeki‘Ylk‘fe#_Xj#efk#Y\\e#[\k\id‘e\[#^‘m\e#k_\#j\XjfeXc‘kp#f]#k_\#Ylj‘e\jj#Xe[#k_\#[‘]"Zlckp#‘e#gifm‘[‘e^#X#
i\c‘XYc\#\jk‘dXk\#n‘k_‘e#k_\#"ijk#6#dfek_j#le[\i#e\n#fne\ij_‘g.
34.#>[[‘k‘feXc#ZfdgXep#‘e]fidXk‘fe
J\[‘ZXc#A\m\cfgd\ekj#Fek\ieXk‘feXc#I‘d‘k\[#‘j#X#c‘jk\[#glYc‘Z#ZfdgXep,#‘eZfigfiXk\[#Xe[#[fd‘Z‘c\[#‘e#>ljkiXc‘X.
YYfkj]fi[#SF@#3067
Q\c;#1300#850#505
+BBH8@!0?B8B9?8@!6[[‘k‘feXc#PkfZb#BoZ_Xe^\#
Fe]fidXk‘fe#Xj#Xk#31#>l^ljk#2016
Gg_TWd#aX#Za^VWde#aX#Wcg[fk#eWUgd[f[We
=[efd[Tgf[a‘#aX#Za^VWde#aX#Wcg[fk#eWUgd[f[We
HdV[‘Sdk#eZSdW#USb[fS^
?g^^k#bS[V#adV[‘Sdk#eZSdWe
58,360,056#]lccp#gX‘[#fi[‘eXip#j_Xi\j#_\c[#Yp#2,716#
‘e[‘m‘[lXc#j_Xi\_fc[\ij.#>cc#‘jjl\[#fi[‘eXip#j_Xi\j#ZXiip#fe\#
mfk\#g\i#j_Xi\.
1#|#1,000
1,001#|#5,000
5,001#|#10,000
10,001#|#100,000
100,001#Xe[#fm\i
Aa^V[‘Y#^Wee#fZS‘#S#_Sd]WfST^W#bSdUW^
879
1,061
329
384
6363
2,716
7/7/
LN;LM9GMB9E#LA9K>AHE=>KL
JO#A>SFA#GLEK#TFIIF>JP
MP>GMQ#E9K@>LM#AHE=>KL#H?#>JNBMQ#L>L
JO#A>SFA#GLEK#TFIIF>JP
EP?@#@RPQLAV#KLJFKBBP
G#M#JLOD>K#KLJFKBBP#>RPQO>IF>
O?@#FKSBPQLO#PBOSF@BP
AO#ORPPBII#H>V#E>K@L@H
K>QFLK>I#KLJFKBBP#IFJFQBA
IRGBQ>#MQV#IQA
R?P#KLJFKBBP#MQV#IQA
JO#>IFPQ>FO#A>SFA#PQOLKD
EP?@#@RPQLAV#KLJFKBBP
?KM#M>OF?>P#KLJP#MQV#IQA
ILK@BQ>#MQV#IQA
P>KAEROPQ#QORPQBBP#IQA
JO#GLEK#PE>OJ>K
JO#O>VJLKA#TFIIF>J#T>IQBO#’#JO#>IBU>KABO#P@LQQ#E>D>K
FJ>G#MQV#IQA
JRII>@>J#MQV#IQA
JFOO>?LLH>#FKSBPQJBKQP#IFJFQBA
@FQF@LOM#KLJFKBBP#MQV#IFJFQBA
JO#JF@E>BI#DBO>OA#PRDBOJ>K
(*(*
4<;?98@!.
Continue reading text version or see original annual report in PDF
format above