5.
6.
7.
9.
8.
ϱ͘
WŝƌŬĂŶŵĂĂŶ ƌĂŚĂƐƚŽŶǀƵŽƐŝũƵŚůĂŶLJŚƚĞLJĚĞƐƐćϵ͘ϱ͘ ĂǀĂƫŝŶdĂŵƉĞƌĞͲƚĂůŽŶ
dĂůǀŝƉƵƵƚĂƌŚĂƐƐĂŬƵǀĂŶǀĞŝƐƚćũć͕ŵƵŽƚŽŝůŝũĂ
DĞƌũĂ,ĂĂƉĂůĂŶ
ŶćLJƩĞůLJ͘ ,ĂĂͲ
ƉĂůĂŶƵƵƐŝŶŵƵŽƚŽŝůƵƚƵŽƚĞŽŶƉŽƐůŝŝŶŝŶĞŶ> DW/ͲŬƵƉƉŝƐĂƌũĂ͕ ũŽƚĂŚćŶǀĂůͲ
ŵŝƐƚĂĂƉŝĞŶƐĂƌũŽŝŶĂ͘ ʹKůĞŶŚLJůćŶŶLJƚ ŵƵŽƚŽŝůƵŶŝ ůćŚƚƂŬŽŚĚŝƐƚĂ ĨƵŶŬƟŽŶĂĂͲ
ůŝƐĞŶŶŝƵŬŬƵƵĚĞŶ͘ EŽƉĞĂ ũĂLJŬƐŝŶŬĞƌƚĂŝŶĞŶ ƚƵŽƚĂŶƚŽĞŝǀćƚ ŽůĞ ƚĂǀŽŝƩĞŝƚĂŶŝ͘
DƵŽƚŽŝůŝũĂŶĂ ũĂŬƵǀĂŶǀĞŝƐƚćũćŶćŚLJƂĚLJŶŶćŶƉŝĞŶƐĂƌũĂͲ ũĂƵŶŝŝŬŬŝƚƵŽƚĂŶŶŽŶ
ƐƵŽŵĂƚŵĂŚĚŽůůŝƐƵƵĚĞƚ ŶŝŝŶǀćƌĞŝƐƐćŬƵŝŶŵƵŽĚŽŝƐƐĂŬŝŶ͘ Eŝŝůůć ůƵŽŶŽŵĂŶͲ
ůĂŝƐĞŶŝ ŚŝůũĂŝƐƵƵĚĞŶ ũĂŚĂƌŵŽŶŝĂŶ͕ ,ĂĂƉĂůĂŬĞƌƚŽŽ͘ <ƵǀĂ͗ ŶƚĞƌŽdĞŶŚƵŶĞŶ͘
ϳ͘ ũĂϴ͘
>ĂƉŝŶ ƌĂŚĂƐƚŽŶǀƵŽƐŝũƵŚůĂ
ϭϴ͘ϱ͘ ƉŝĚĞƫŝŶŬƵůƩƵƵƌŝƚĂůŽ
<ŽƌƵŶĚŝƐƐĂZŽǀĂŶŝĞŵĞůůć͘ ŶͲ
ŶĞŶ ũƵŚůĂĂǀŝĞƌĂĂƚ ƚƵƚƵƐƚƵŝǀĂƚ
<ŽƌƵŶĚŝŶŶćLJƩĞůLJƚĂƌũŽŶƚĂĂŶ͘
sƵŽƐŝũƵŚůĂƐƐĂŬŝƌũĂŝůŝũĂ
<ĂƚũĂ
<ĞƩƵ
ƐĂŝ ϭϬϬϬϬĞƵƌŽŶƉĂůͲ
ŬŝŶŶŽŶ͟ƉŽŚũŽŝƐŝƐƚĂ ƚĂƌŝŶŽŝƐƚĂ͕
ŬĂƵŶŝŝƐƚĂ ũĂ ƌƵŵŝƐƚĂ͘͟ <ƵǀĂƚ͗
ƌƚŽ>ŝŝƟ
ϵ͘
^ĂƚĂŬƵŶŶĂŶ ƌĂŚĂƐƚŽŶǀƵŽƐŝũƵŚůĂƐƐĂ
ϭϴ͘ϱ͘ WŽƌŝƐƐĂŶćŚƟŝŶŵŵ͘ dĂŶƐƐŝŬŽƵůƵ
>ŝŝƐĂEŽũŽƐĞŶŽƉƉŝůĂŝĚĞŶǀĂƵŚĚŝŬŬĂŝƚĂ
ĞƐŝƚLJŬƐŝć͘ <ƵǀĂ͗ :ŽŚĂŶŶĂhƵƐŝƚĂůŽͬ&ŽƚĂͲ
&ƌŝŝƚĂůĂ
ϲ͘
ƚĞůćͲ<ĂƌũĂůĂŶ ŝůŽŝŶĞŶĂƉƵƌĂŚĂŶƐĂĂũĂũŽƵŬŬŽŬŽŽƫŝŶ
LJŚƚĞŝƐŬƵǀĂĂŶϭϯ͘ϱ͘ /ŵĂƚƌĂŶǀĂůƟŽŶŚŽƚĞůůŝƐƐĂǀƵŽƐŝͲ
ũƵŚůĂŶ ũćůŬĞĞŶ͘ ƚƵƌŝǀŝƐƐćŬĞƐŬĞůůćϭϬϬϬϬĞƵƌŽŶŬƵůƩƵƵͲ
ƌŝƉĂůŬŝŶŶŽŶƐĂĂŶĞĞƚ ŶƵŬŬĞƚĞĂƩĞƌŝƚĂŝƚĞŝůŝũĂ
ŵŵĂ :ƵƐƐŝůĂͲ^ĐŚĞƌŵĂŶ
ũĂĮů͘ ƚŽŚƚŽƌŝ
WĞƌƫ<ŽůĂƌŝ͘
<ƵǀĂ͗ :ĂĂŬŬŽZĞƉŽ
Ϯϯ
