Zgryźliwość kojarzy mi się z radością, która źle skończyła.
%(=3,(&=(ē67:235$&<
!"#$%
%&$#'
-RYMSKŜdQYNXSOddKZS]OW_]^KacYXY\WKVSdKMTS]^Y]YaKXSO
:YV]USMR8Y\WTO]^NYL\YaYVXO^YS]^XSOTOaSOVO^KUSMRZ\dcZKNU¸a
USONcacWKQKXSKXY\W]éYLVSQK^Y\cTXO7K^YWSOT]MOQNc:YV]USO
8Y\WcZYaYĥKXO]éaZ\dOZS]KMRZ\KaXcMRXZa\YdZY\déNdO
XSKMRAļaSO^VOdKZS]¸a\YdZY\déNdOXSKYYQ¸VXcMRZ\dOZS]KMR
LOdZSOMdOħ]^aKSRSQSOXcZ\KMcY\Kd\YdZY\déNdOXSKa]Z\KaSO
LOdZSOMdOħ]^aKSRSQSOXcZ\KMcXK]^KXYaS]UKMRacZY]KŜYXcMR
aWYXS^Y\cOU\KXYaOacWKQKXSKXY\Wc:8/8 $$
ĻaSK^ĥYSYļaSO^VOXSO9ļaSO^VOXSOWSOT]MZ\KMc-dýļë$7SOT]MKZ\K
McaOaXý^\dKMR
]éNVKZ\KMYNKaMcacWKQKXSKWSYLVSQK^Y\cTXcWS
AK\^cU_VOYW¸aSYXYKU^cZ\KaXOdU^¸\cMRacXSUKYLYaSédOU
Z\KMYNKaMcNYdKZOaXSOXSKYļaSO^VOXSK]^KXYaS]UZ\KMcYZK\K
WO^\KMRdQYNXcMRdXY\WKWSYļaSO^VOXSYacWS
6SQR^SXQYPSXNYY\aY\UZVKMO]pVOQKV]^K^_]
/`OX^RY_QRSXKMMY\NKXMOaS^RZ\Y`S]SYXYP^ROXY\WKVSdK^SYX]^K^_^O
:YVS]R=^KXNK\N]K\O`YV_X^K\c^RO\OK\OWKXcMK]O]SXaRSMR^RO
\O[_S\OWOX^]YP]^KXNK\N]K\OYLVSQK^Y\c>RS]S]]YaROX\OQ_VK^SYX]
[_Y^O:YVS]R=^KXNK\N]3X^ROVSQR^YP^RO<OQ_VK^SYXYP^RO7SXS]^O\
YP6KLY_\KXN=YMSKV:YVSMcYP =OZ^OWLO\##!YXQOXO\KVZ\Y`S]SYX]
MYXMO\XSXQYMM_ZK^SYXKV]KPO^cKXNROKV^RKXN^RO<OQ_VK^SYXYP^RO
7SXS]^O\YP6KLY_\KXN=YMSKV:YVSMcYP.OMOWLO\##"YXROKV^R
KXN]KPO^cK^aY\UaS^RNS]ZVKc]M\OOXO[_SZWOX^^RO\O[_S\OWOX^]
YP^RO:8/8 $
]^KXNK\N6SQR^KXNVSQR^SXQ6SQR^SXQYP
aY\UZVKMO]:K\^$3XNYY\aY\UZVKMO]
K\OYLVSQK^Y\cPY\OWZVYcO\]
>RS]K\^SMVONS]M_]]O]VOQKVKM^]aRSMRYLVSQK^OOWZVYcO\]^YOX]_\O
^RK^aY\UZVKMO]K\OVS^SXKMMY\NKXMOaS^R^RO\O[_S\OWOX^]YPVSQR^
SXQ]^KXNK\N]
U^¸\KLcĥKXY\Wé_dXKXSYaé^\OļëXY\WcLcĥKNY]^ýZXKaTýdcU_
KXQSOV]USWaTýdcU_ZYV]USWLcĥKNY]^ýZXK^cVUYYUĥKNUKXY\Wc
x:8!/
9ļaSO^VOXSOOVOU^\cMdXO^O\OX¸aL_NYac
Z\dOWc]ĥYacMRUYVOTYacMRZY\^YacMRY\KdNaY\M¸aSļ\YNU¸a
^\KX]ZY\^_Z_LVSMdXOQY
EG
x:8"/
?\déNdOXSKOVOU^\YOXO\QO^cMdXO9ļaSO^VOXSO
OVOU^\cMdXOYLSOU^¸aOXO\QO^cMdXcMR
EG
8KVOŜcacTKļXSëŜOT_Ŝa\XY\WK_dXKXSYaK:8/8
$?dK]^éZSĥKZYN]^KaYaéXY\WýNY^cMdéMéYļaSO^VOXSK
:8"/
9ļaSO^VOXSOaXý^\dļaSK^ĥOWOVOU^\cMdXcW
EG
>KUaSýMYLOMXSOXYaKXY\WKdK]^ýZ_TO^\dcNY^cMRMdK]YaOXY\Wc
NY^cMdéMOYļaSO^VOXSK$:8"/EG:8!/EG:8
"/EGDacWKQKħdKaK\^cMRaXY\WKMRYļaSO^VOXSYacMR
YZ\¸MdZ\YTOU^KX^¸aYļaSO^VOXSKUY\dc]^KTédK\¸aXYY]YLcTONXY]^US
acUYX_TéMOZYWSK\cYļaSO^VOXSKTKUSY\QKXcUYX^\YVSp:Kħ]^aYaK
3X]ZOUMTK:\KMcMdc=^KMTO=KXS^K\XY/ZSNOWSYVYQSMdXO=KXOZSN
AcXSUK^YLOdZYļ\ONXSYdZ\dOZS]¸aXKUĥKNKTéMcMRXKZ\KMYNKaM¸a
YLYaSédOUdKZOaXSOXSKYNZYaSONXSOQYYļaSO^VOXSK]^KXYaS]UZ\KMc
.VK^OQY^OŜZYaZ\YaKNdOXS_XYaOTXY\WcYļaSO^VOXSYaOTZYTKaSĥc
]SýXSOTK]XYļMSSZc^KXSKaļ\¸N_Ŝc^UYaXSU¸aXY\WYļaSO^VOXSYacMR
.VKaSOV_Y]¸LaMSéŜXSOTO]^TONXYdXKMdXOMdcacWKQKXSK^OTXY\Wc
]éYLVSQK^Y\cTXOSMdcZYaSXXSZ\YTOU^YaKëY]aSO^VOXSOV_LLKNKë
YļaSO^VOXSOdQYNXSOdXYaéEGMdci]^K\énEGXY\Wé:YTKaSĥY]Sý^OŜ
aSOVOZ\YLVOW¸adaSédKXcMRdK\¸aXYdSX^O\Z\O^KMTéaSOV_dKZS]¸a
XYaOTXY\WcTKUSZ\KU^cMdXcWTOTdK]^Y]YaKXSOWZ\dcZ\YTOU^YaKXS_
SacUYXcaKXS_ZYWSK\¸aYļaSO^VOXSK
AZ\YaKNdOXSO
AVS]^YZKNdSOa\:YV]US5YWS^O^
8Y\WKVSdKMcTXc:58acNKĥZOĥXc^OU]^
XYaOTXY\WcYļaSO^VOXSYaOT:8/8
$$
ĻaSK^ĥYSYļaSO^VOXSO9ļaSO
^VOXSOWSOT]MZ\KMc-dýļë$7SOT]MKZ\KMc
aOaXý^\dKMR
EG8Y\WK^KTO]^^ĥ_WKMdO
XSOWKXQSOV]USOTaO\]TSXY\WcO_\YZOT]USOT
/8 $$
6SQR^KXNVSQR^SXQ
6SQR^SXQYPaY\UZVKMO]:K\^$3XNYY\
aY\UZVKMO]
8Y\WK^KdK]^ýZ_TOXK]^ýZ_TéMOXY\Wc
^daYļaSO^VOXSYaO$
x:8/8 $?
ĻaSK^ĥY
SYļaSO^VOXSO9ļaSO^VOXSOWSOT]MZ\KMc
-dýļë$7SOT]MKZ\KMcaOaXý^\dKMR
9LVSQK^Y\cTXYļëacWKQKħXY\WYļaSO^VOXSYacMR
p]^KXZ\KaXc
4KUUYVaSOUdQYNXSOddKZS]OWK\^_]^_]^KacYXY\WKVSdK
MTSEGi
]^Y]YaKXSO:YV]USMR8Y\WTO]^NYL\YaYVXOn
^YS]^XSOTO
aSOVO^KUSMRZ\dcZKNU¸aUSONcacWKQKXSKXY\W]éYLVSQK^Y\cT
XO7K^YWSOT]MOQNc:YV]USO8Y\Wc]éZYaYĥKXOaZ\dOZS]KMR
Z\KaXcMRXZ\YdZY\déNdOXSKMRDQYNXSOdK\^_]^_]^Kac
YXY\WKVSdKMTSEG
i:YV]USO8Y\WcWYQéLcëZYaYĥcaKXO
aZ\dOZS]KMRZ\KaXcMRZYSMRYZ_LVSUYaKXS_aTýdcU_ZYV
]USW
n?]^KaK^cWdKZS]OWNYZ_]dMdKWYŜVSaYļëZYaYĥcaKXSK
%(=3,(&=(ē67:235$&<
]SýXK:YV]USO8Y\WcaKU^KMRZ\KaXcMR
K^cW]KWcWXY\WcZYaYĥKXOa^cMR
KU^KMRadKU\O]SOaTKUSW]éZYaYĥKXO
]^KTé]SýXY\WKWSNYYLVSQK^Y\cTXOQY
]^Y]YaKXSK>cWSKU^KWSZ\KaXcWS]édK
dacMdKT\YdZY\déNdOXSKDacUVOdKZS]c
\YdZY\déNdOħYNXY]dé]SýNYacWKQKħ
dKaK\^cMRa:YV]USMR8Y\WKMRaXK]^ý
Z_TéMc]ZY]¸L$
pZYaYĥ_Té]SýXKacWKQKXSK:YV]USMR
8Y\Wa]ZY]¸LYQ¸VXcXSOZYNKTéMUYX
U\O^XcMRX_WO\¸aS^c^_ĥ¸a^cMRXY\W
TKUTO]^XZa\YdZY\déNdOXSKMRa]Z\KaSO
YQ¸VXcMRZ\dOZS]¸aLOdZSOMdOħ]^aKSRS
QSOXcZ\KMcY\Kda]Z\KaSOLOdZSOMdOħ]^aK
SRSQSOXcZ\KMcXK]^KXYaS]UKMRacZY
]KŜYXcMRaWYXS^Y\cOU\KXYaOE !G%
a¸aMdK]Z\dcTW_TO]SýacWKQKXSKXY\W
dKaK\^cMRaKU^_KVXcWacUKdSO:58
pZYaYĥ_Té]SýXKUYXU\O^XOXY\Wc
dZYNKXSOWSMRX_WO\¸aS^c^_ĥ¸a
^KU
TO]^XZa\YdZY\déNdOXS_a]Z\KaSOaK
\_XU¸a^OMRXSMdXcMRTKUSWZYaSXXcYN
ZYaSKNKëL_NcXUSSSMR_]c^_YaKXSOE"G
AļaSO^VOdKZS]¸ax _]^\YdZY
\déNdOXSKYYQ¸VXcMRZ\dOZS]KMRLOdZSO
MdOħ]^aKSRSQSOXcZ\KMcE GZ\KMYNKaMK
XSOdKVOŜXSOYNYļaSO^VOXSKNdSOXXO
QYZYaSXSOXdKZOaXSëYļaSO^VOXSO
OVOU^\cMdXOYZK\KWO^\KMRdQYNXcMR
d:YV]USWS8Y\WKWS
,\KUZYaYĥKXSK
]SýXKYU\OļVYXOX_WO\cXY\WYdXKMdK
ŜOdKZS]^OXYNXY]S]SýNYKU^_KVXcMR
dXKTN_TéMcMR]SýaacUKdSO:58XY\W
YļaSO^VOXSYacMRMdcVSYNVS]^YZKNK\
]^Y]_TO]SýacWKQKXSKXY\Wc:8/8EG
:YXKN^YdQYNXSOdx#_]^^OQY
\YdZY\déNdOXSKE Gi
Z\KMYNKaMKTO]^dY
LYaSédKXcYMOXSKëSNYU_WOX^YaKë
\cdcUYdKaYNYaOn
Ka]dMdOQ¸VXYļMS
WSX$
idKZOaXSëY\QKXSdKMTýZ\KMc
S]^KXYaS]Ua]ZY]¸LdKLOdZSOMdKTéMc
Z\KMYaXSU¸aZ\dONdKQ\YŜOXSKWS
acZKNUYacWSY\KdYNNdSKĥcaKXSOW
MdcXXSU¸a]dUYNVSacMRNVKdN\YaSK
S_MSéŜVSaYļMSpd_adQVýNXSOXSOW
WYŜVSaYļMSZ]cMRYPSdcMdXcMRZ\KMYa
XSU¸an
Y\KddQYNXSOdx_]^i
Z\K
MYNKaMK
TO]^dYLYaSédKXcdKZOaXSë
]c]^OWK^cMdXOUYX^\YVO]^KX_LOdZSO
MdOħ]^aKSRSQSOXcZ\KMc
nAdaSédU_
d^cWdOadQVýN_XKdKZOaXSOXSOLOd
ZSOMdXcMRSRSQSOXSMdXcMRaK\_XU¸aZ\KMc
Y\KdYLYaSédOUNYUYXcaKXSKYMOXc\c
dcUKdaSédKXOQY\¸aXSOŜdYļaSO^VOXSOW
]^KXYaS]UZ\KMcZ\KMYNKaMKTO]^dYLY
aSédKXcNYZYWSK\¸aSYMOXcZK\KWO^\¸a
YļaSO^VOXSK-RYMSKŜYļaSO^VOXSOXSOUaK
VSPSU_TO]SýNYMdcXXSU¸a]dUYNVSacMR
^YTOQYZK\KWO^\cNOMcN_TéY_MSéŜVSaYļMS
Z\KMcad\YUYaOT8SO]ZOĥXSOXSOYU\OļVY
XcMRacWKQKħYļaSO^VOXSYacMRWYŜO
]^aK\dKëaK\_XUSdKQ\YŜOXSKKXKaO^
a]ZY]¸LZYļ\ONXSLcëZ\dcMdcXéac
ZKNU¸aZ\dcZ\KMc8K^YWSK]^]ZOĥXSOXSO
acWKQKħYļaSO^VOXSYacMRXSO\YdO\aKVXSO
aSéŜO]SýdacUYXKXSOWS\OKVSdKMTéYNZY
aSONXSOQYZ\YTOU^_YļaSO^VOXSK
8KVOŜcNYNKëŜOaZ\dcZKNU_]^KXY
aS]UZ\KMcdWYXS^Y\KWSOU\KXYacWS
KYLOMXSOWYŜXKZ\dcTéëŜOaSýU]dYļë
]^KXYaS]ULS_\YacMRTO]^aXSOacZY]KŜY
XcMRYLYaSéd_TO\¸aXSOŜ\YdZY\déNdOXSO
a]Z\KaSOLOdZSOMdOħ]^aKSRSQSOXcZ\KMc
XK]^KXYaS]UKMRacZY]KŜYXcMRaWY
XS^Y\cOU\KXYaOE!GDQYNXSOdx^OQY
\YdZY\déNdOXSKi
Z\KMYNKaMKTO]^YLY
aSédKXcY\QKXSdYaKë]^KXYaS]UK
Z\KMcdWYXS^Y\KWSOU\KXYacWSa^KUS
]ZY]¸LKLc]ZOĥXSKĥcYXOWSXSWKVXO
acWKQKXSKLOdZSOMdOħ]^aKSRSQSOXc
Z\KMcY\KdO\QYXYWSSYU\OļVYXOadK
ĥéMdXSU_
NYXSXSOT]dOQY\YdZY\déNdO
XSK
nDKĥéMdXSUNY^OQY\YdZY\déNdOXSK
adKU\O]SOYļaSO^VOXSK]^KXYaSWSX
ŜOi
ZYdSYWXK^ýŜOXSKYļaSO^VOXSKZY
aSXSOX]ZOĥXSKëacWKQKXSKYU\OļVYXO
a:YV]USMR8Y\WKMR
nZU^#K3a^cW
Z\dcZKNU_L\KUZYaYĥKXSK]SýXKYU\O
ļVYXOX_WO\cXY\WYdXKMdKŜOdKZS]
^OXYNXY]S]SýNYXY\WYļaSO^VOXSYacMR
dXKTN_TéMcMR]SýaKU^_KVXcWacUKdSO
XY\W:58
<YdZY\déNdOXSOWU^¸\OZYaYĥ_TO]Sý
XKXY\WýYļaSO^VOXSYaéZYNKTéMTOTX_
WO\S^c^_ĥadKĥéMdXSU_NY\YdZY\dé
NdOXSKTO]^\YdZY\déNdOXSOa]Z\KaSO
aK\_XU¸a^OMRXSMdXcMRTKUSWZYaSXXc
YNZYaSKNKëL_NcXUSSSMR_]c^_YaKXSO
E"G8SO]^O^c\YdZY\déNdOXSO^YU^¸\OQY
Y]^K^XSKdWSKXKLcĥK_]^KXYaSYXKZ\dON
VS]^YZKNOW\Z\dcaYĥ_TOXY\Wý
:8"/
9ļaSO^VOXSOaXý^\d
ļaSK^ĥOWOVOU^\cMdXcW
EG>KUSOZY
aYĥKXSOa]UKd_TOŜOXYaYYNNKaKXO
L_NcXUSZYaSXXcWSOëYļaSO^VOXSOdK
Z\YTOU^YaKXOdQYNXSOdOi]^K\énXY\Wé
YļaSO^VOXSYaéEG>KUaSýMYLOMXSO
S]^XSOTO]Z\dOMdXYļëacWKQKħYļaSO^VO
XSYacMRZ\dcTWYaKXcMRXKZYN]^KaSO
\¸ŜXcMR\YdZY\déNdOħAdaSédU_
d^cW]éZYNOTWYaKXO]^K\KXSKYaZ\Y
aKNdOXSOdWSKXaOa]ZYWXSKXcW\Yd
ZY\déNdOXS_E"G^KUKLcZ\dcaYĥcaKĥY
YXYKU^_KVXéXY\WýYļaSO^VOXSYaéEG
:YN]_WYaKXSO
?adQVýNXSKTéMZ\dON]^KaSYXO\YdaK
ŜKXSKXKVOŜc]^aSO\NdSëŜOacWKQKXSK
XY\Wc:8/8 $$
ĻaSK^ĥY
SYļaSO^VOXSO9ļaSO^VOXSOWSOT]MZ\KMc
-dýļë$7SOT]MKZ\KMcaOaXý^\dKMR
EGNY^cMdéMOZK\KWO^\¸aYļaSO^VOXSK
OVOU^\cMdXOQY]éYLVSQK^Y\cTXOAUYX]O
UaOXMTSaSéŜO]Sý^YdYLYaSédUSOWZ\Y
TOU^YaKXSKYļaSO^VOXSKdQYNXSOd^éXY\Wé
EGY\KddYU\O]YacW]Z\KaNdKXSOWZK
\KWO^\¸aYļaSO^VOXSKZ\dOdacUYXcaKXSO
SMRZYWSK\¸a
.YZ\YLVOW¸adaSédKXcMRdO]^Y]Y
aKXSOWXYaOTXY\WcZ\dcZ\YTOU^YaKXS_
YļaSO^VOXSKSacUYXcaKXS_TOQYZYWSK\¸a
ZYa\¸MSWcaXK]^ýZXcWX_WO\dOi,Od
ZSOMdOħ]^aK:\KMcn
+\^cU_ĥLcĥUYX]_V^YaKXcd71S:
:3Ļ73/883->A9
EG:8/8 $$
ĻaSK^ĥYSYļaSO^VOXSO
9ļaSO^VOXSOWSOT]MZ\KMc-dýļë$7SOT]MKZ\KMc
aOaXý^\dKMR
EG:8!/
9ļaSO^VOXSOOVOU^\cMdXO^O\OX¸a
L_NYacZ\dOWc]ĥYacMRUYVOTYacMRZY\^YacMRY\Kd
NaY\M¸aSļ\YNU¸a^\KX]ZY\^_Z_LVSMdXOQY
EG:8"/
?\déNdOXSKOVOU^\YOXO\QO^cMdXO
9ļaSO^VOXSOOVOU^\cMdXOYLSOU^¸aOXO\QO^cMdXcMR
EG:8"/
9ļaSO^VOXSOaXý^\dļaSK^ĥOW
OVOU^\cMdXcW
EG?]^KaKdNXSKa\dOļXSK\YXY\WKVSdKMTS
.d?X\ #ZYd" Sd\X\!ZYd!
E G<YdZY\déNdOXSO7SXS]^\K:\KMcS:YVS^cUS=YMTKVXOT
dNXSK a\dOļXSK##!\a]Z\KaSOYQ¸VXcMRZ\dOZS]¸a
LOdZSOMdOħ]^aKSRSQSOXcZ\KMc^OU]^TONXYVS^c.d?
d\X\ #ZYd
E!G<YdZY\déNdOXSO7SXS]^\K:\KMcS:YVS^cUS=YMTKVXOT
dNXSKQ\_NXSK##"\a]Z\KaSOLOdZSOMdOħ]^aKSRS
QSOXcZ\KMcXK]^KXYaS]UKMRacZY]KŜYXcMRaWYXS^Y\c
OU\KXYaO.d?X\"ZYd#!
E"G<YdZY\déNdOXSO7SXS]^\K3XP\K]^\_U^_\cdNXSK
UaSO^XSK\a]Z\KaSOaK\_XU¸a^OMRXSMdXcMR
TKUSWZYaSXXcYNZYaSKNKëL_NcXUSSSMR_]c^_YaKXSO
.d?X\!ZYd #d\X\ZYd!d\
X\#ZYd
>OX]ZY]¸LZYaYĥcaKXSK:YV]USMR8Y\WWK^KUé
aKNýŜOa\KdSO_]^KXYaSOXSKXYaOTXY\WcV_LdWSKXc
XY\WcNY^cMRMdK]YaOTUYXSOMdXKTO]^dWSKXK\YdZY\dé
NdOXSKaU^¸\cW^KUSOZYaYĥKXSOdKWSO]dMdYXY
zanotowane.pl doc.pisz.pl pdf.pisz.pl hannaeva.xlx.pl
!"#$%
%&$#'
-RYMSKŜdQYNXSOddKZS]OW_]^KacYXY\WKVSdKMTS]^Y]YaKXSO
:YV]USMR8Y\WTO]^NYL\YaYVXO^YS]^XSOTOaSOVO^KUSMRZ\dcZKNU¸a
USONcacWKQKXSKXY\W]éYLVSQK^Y\cTXO7K^YWSOT]MOQNc:YV]USO
8Y\WcZYaYĥKXO]éaZ\dOZS]KMRZ\KaXcMRXZa\YdZY\déNdO
XSKMRAļaSO^VOdKZS]¸a\YdZY\déNdOXSKYYQ¸VXcMRZ\dOZS]KMR
LOdZSOMdOħ]^aKSRSQSOXcZ\KMcY\Kd\YdZY\déNdOXSKa]Z\KaSO
LOdZSOMdOħ]^aKSRSQSOXcZ\KMcXK]^KXYaS]UKMRacZY]KŜYXcMR
aWYXS^Y\cOU\KXYaOacWKQKXSKXY\Wc:8/8 $$
ĻaSK^ĥYSYļaSO^VOXSO9ļaSO^VOXSOWSOT]MZ\KMc-dýļë$7SOT]MKZ\K
McaOaXý^\dKMR
]éNVKZ\KMYNKaMcacWKQKXSKWSYLVSQK^Y\cTXcWS
AK\^cU_VOYW¸aSYXYKU^cZ\KaXOdU^¸\cMRacXSUKYLYaSédOU
Z\KMYNKaMcNYdKZOaXSOXSKYļaSO^VOXSK]^KXYaS]UZ\KMcYZK\K
WO^\KMRdQYNXcMRdXY\WKWSYļaSO^VOXSYacWS
6SQR^SXQYPSXNYY\aY\UZVKMO]pVOQKV]^K^_]
/`OX^RY_QRSXKMMY\NKXMOaS^RZ\Y`S]SYXYP^ROXY\WKVSdK^SYX]^K^_^O
:YVS]R=^KXNK\N]K\O`YV_X^K\c^RO\OK\OWKXcMK]O]SXaRSMR^RO
\O[_S\OWOX^]YP]^KXNK\N]K\OYLVSQK^Y\c>RS]S]]YaROX\OQ_VK^SYX]
[_Y^O:YVS]R=^KXNK\N]3X^ROVSQR^YP^RO<OQ_VK^SYXYP^RO7SXS]^O\
YP6KLY_\KXN=YMSKV:YVSMcYP =OZ^OWLO\##!YXQOXO\KVZ\Y`S]SYX]
MYXMO\XSXQYMM_ZK^SYXKV]KPO^cKXNROKV^RKXN^RO<OQ_VK^SYXYP^RO
7SXS]^O\YP6KLY_\KXN=YMSKV:YVSMcYP.OMOWLO\##"YXROKV^R
KXN]KPO^cK^aY\UaS^RNS]ZVKc]M\OOXO[_SZWOX^^RO\O[_S\OWOX^]
YP^RO:8/8 $
]^KXNK\N6SQR^KXNVSQR^SXQ6SQR^SXQYP
aY\UZVKMO]:K\^$3XNYY\aY\UZVKMO]
K\OYLVSQK^Y\cPY\OWZVYcO\]
>RS]K\^SMVONS]M_]]O]VOQKVKM^]aRSMRYLVSQK^OOWZVYcO\]^YOX]_\O
^RK^aY\UZVKMO]K\OVS^SXKMMY\NKXMOaS^R^RO\O[_S\OWOX^]YPVSQR^
SXQ]^KXNK\N]
U^¸\KLcĥKXY\Wé_dXKXSYaé^\OļëXY\WcLcĥKNY]^ýZXKaTýdcU_
KXQSOV]USWaTýdcU_ZYV]USWLcĥKNY]^ýZXK^cVUYYUĥKNUKXY\Wc
x:8!/
9ļaSO^VOXSOOVOU^\cMdXO^O\OX¸aL_NYac
Z\dOWc]ĥYacMRUYVOTYacMRZY\^YacMRY\KdNaY\M¸aSļ\YNU¸a
^\KX]ZY\^_Z_LVSMdXOQY
EG
x:8"/
?\déNdOXSKOVOU^\YOXO\QO^cMdXO9ļaSO^VOXSO
OVOU^\cMdXOYLSOU^¸aOXO\QO^cMdXcMR
EG
8KVOŜcacTKļXSëŜOT_Ŝa\XY\WK_dXKXSYaK:8/8
$?dK]^éZSĥKZYN]^KaYaéXY\WýNY^cMdéMéYļaSO^VOXSK
:8"/
9ļaSO^VOXSOaXý^\dļaSK^ĥOWOVOU^\cMdXcW
EG
>KUaSýMYLOMXSOXYaKXY\WKdK]^ýZ_TO^\dcNY^cMRMdK]YaOXY\Wc
NY^cMdéMOYļaSO^VOXSK$:8"/EG:8!/EG:8
"/EGDacWKQKħdKaK\^cMRaXY\WKMRYļaSO^VOXSYacMR
YZ\¸MdZ\YTOU^KX^¸aYļaSO^VOXSKUY\dc]^KTédK\¸aXYY]YLcTONXY]^US
acUYX_TéMOZYWSK\cYļaSO^VOXSKTKUSY\QKXcUYX^\YVSp:Kħ]^aYaK
3X]ZOUMTK:\KMcMdc=^KMTO=KXS^K\XY/ZSNOWSYVYQSMdXO=KXOZSN
AcXSUK^YLOdZYļ\ONXSYdZ\dOZS]¸aXKUĥKNKTéMcMRXKZ\KMYNKaM¸a
YLYaSédOUdKZOaXSOXSKYNZYaSONXSOQYYļaSO^VOXSK]^KXYaS]UZ\KMc
.VK^OQY^OŜZYaZ\YaKNdOXS_XYaOTXY\WcYļaSO^VOXSYaOTZYTKaSĥc
]SýXSOTK]XYļMSSZc^KXSKaļ\¸N_Ŝc^UYaXSU¸aXY\WYļaSO^VOXSYacMR
.VKaSOV_Y]¸LaMSéŜXSOTO]^TONXYdXKMdXOMdcacWKQKXSK^OTXY\Wc
]éYLVSQK^Y\cTXOSMdcZYaSXXSZ\YTOU^YaKëY]aSO^VOXSOV_LLKNKë
YļaSO^VOXSOdQYNXSOdXYaéEGMdci]^K\énEGXY\Wé:YTKaSĥY]Sý^OŜ
aSOVOZ\YLVOW¸adaSédKXcMRdK\¸aXYdSX^O\Z\O^KMTéaSOV_dKZS]¸a
XYaOTXY\WcTKUSZ\KU^cMdXcWTOTdK]^Y]YaKXSOWZ\dcZ\YTOU^YaKXS_
SacUYXcaKXS_ZYWSK\¸aYļaSO^VOXSK
AZ\YaKNdOXSO
AVS]^YZKNdSOa\:YV]US5YWS^O^
8Y\WKVSdKMcTXc:58acNKĥZOĥXc^OU]^
XYaOTXY\WcYļaSO^VOXSYaOT:8/8
$$
ĻaSK^ĥYSYļaSO^VOXSO9ļaSO
^VOXSOWSOT]MZ\KMc-dýļë$7SOT]MKZ\KMc
aOaXý^\dKMR
EG8Y\WK^KTO]^^ĥ_WKMdO
XSOWKXQSOV]USOTaO\]TSXY\WcO_\YZOT]USOT
/8 $$
6SQR^KXNVSQR^SXQ
6SQR^SXQYPaY\UZVKMO]:K\^$3XNYY\
aY\UZVKMO]
8Y\WK^KdK]^ýZ_TOXK]^ýZ_TéMOXY\Wc
^daYļaSO^VOXSYaO$
x:8/8 $?
ĻaSK^ĥY
SYļaSO^VOXSO9ļaSO^VOXSOWSOT]MZ\KMc
-dýļë$7SOT]MKZ\KMcaOaXý^\dKMR
9LVSQK^Y\cTXYļëacWKQKħXY\WYļaSO^VOXSYacMR
p]^KXZ\KaXc
4KUUYVaSOUdQYNXSOddKZS]OWK\^_]^_]^KacYXY\WKVSdK
MTSEGi
]^Y]YaKXSO:YV]USMR8Y\WTO]^NYL\YaYVXOn
^YS]^XSOTO
aSOVO^KUSMRZ\dcZKNU¸aUSONcacWKQKXSKXY\W]éYLVSQK^Y\cT
XO7K^YWSOT]MOQNc:YV]USO8Y\Wc]éZYaYĥKXOaZ\dOZS]KMR
Z\KaXcMRXZ\YdZY\déNdOXSKMRDQYNXSOdK\^_]^_]^Kac
YXY\WKVSdKMTSEG
i:YV]USO8Y\WcWYQéLcëZYaYĥcaKXO
aZ\dOZS]KMRZ\KaXcMRZYSMRYZ_LVSUYaKXS_aTýdcU_ZYV
]USW
n?]^KaK^cWdKZS]OWNYZ_]dMdKWYŜVSaYļëZYaYĥcaKXSK
%(=3,(&=(ē67:235$&<
]SýXK:YV]USO8Y\WcaKU^KMRZ\KaXcMR
K^cW]KWcWXY\WcZYaYĥKXOa^cMR
KU^KMRadKU\O]SOaTKUSW]éZYaYĥKXO
]^KTé]SýXY\WKWSNYYLVSQK^Y\cTXOQY
]^Y]YaKXSK>cWSKU^KWSZ\KaXcWS]édK
dacMdKT\YdZY\déNdOXSKDacUVOdKZS]c
\YdZY\déNdOħYNXY]dé]SýNYacWKQKħ
dKaK\^cMRa:YV]USMR8Y\WKMRaXK]^ý
Z_TéMc]ZY]¸L$
pZYaYĥ_Té]SýXKacWKQKXSK:YV]USMR
8Y\Wa]ZY]¸LYQ¸VXcXSOZYNKTéMUYX
U\O^XcMRX_WO\¸aS^c^_ĥ¸a^cMRXY\W
TKUTO]^XZa\YdZY\déNdOXSKMRa]Z\KaSO
YQ¸VXcMRZ\dOZS]¸aLOdZSOMdOħ]^aKSRS
QSOXcZ\KMcY\Kda]Z\KaSOLOdZSOMdOħ]^aK
SRSQSOXcZ\KMcXK]^KXYaS]UKMRacZY
]KŜYXcMRaWYXS^Y\cOU\KXYaOE !G%
a¸aMdK]Z\dcTW_TO]SýacWKQKXSKXY\W
dKaK\^cMRaKU^_KVXcWacUKdSO:58
pZYaYĥ_Té]SýXKUYXU\O^XOXY\Wc
dZYNKXSOWSMRX_WO\¸aS^c^_ĥ¸a
^KU
TO]^XZa\YdZY\déNdOXS_a]Z\KaSOaK
\_XU¸a^OMRXSMdXcMRTKUSWZYaSXXcYN
ZYaSKNKëL_NcXUSSSMR_]c^_YaKXSOE"G
AļaSO^VOdKZS]¸ax _]^\YdZY
\déNdOXSKYYQ¸VXcMRZ\dOZS]KMRLOdZSO
MdOħ]^aKSRSQSOXcZ\KMcE GZ\KMYNKaMK
XSOdKVOŜXSOYNYļaSO^VOXSKNdSOXXO
QYZYaSXSOXdKZOaXSëYļaSO^VOXSO
OVOU^\cMdXOYZK\KWO^\KMRdQYNXcMR
d:YV]USWS8Y\WKWS
,\KUZYaYĥKXSK
]SýXKYU\OļVYXOX_WO\cXY\WYdXKMdK
ŜOdKZS]^OXYNXY]S]SýNYKU^_KVXcMR
dXKTN_TéMcMR]SýaacUKdSO:58XY\W
YļaSO^VOXSYacMRMdcVSYNVS]^YZKNK\
]^Y]_TO]SýacWKQKXSKXY\Wc:8/8EG
:YXKN^YdQYNXSOdx#_]^^OQY
\YdZY\déNdOXSKE Gi
Z\KMYNKaMKTO]^dY
LYaSédKXcYMOXSKëSNYU_WOX^YaKë
\cdcUYdKaYNYaOn
Ka]dMdOQ¸VXYļMS
WSX$
idKZOaXSëY\QKXSdKMTýZ\KMc
S]^KXYaS]Ua]ZY]¸LdKLOdZSOMdKTéMc
Z\KMYaXSU¸aZ\dONdKQ\YŜOXSKWS
acZKNUYacWSY\KdYNNdSKĥcaKXSOW
MdcXXSU¸a]dUYNVSacMRNVKdN\YaSK
S_MSéŜVSaYļMSpd_adQVýNXSOXSOW
WYŜVSaYļMSZ]cMRYPSdcMdXcMRZ\KMYa
XSU¸an
Y\KddQYNXSOdx_]^i
Z\K
MYNKaMK
TO]^dYLYaSédKXcdKZOaXSë
]c]^OWK^cMdXOUYX^\YVO]^KX_LOdZSO
MdOħ]^aKSRSQSOXcZ\KMc
nAdaSédU_
d^cWdOadQVýN_XKdKZOaXSOXSOLOd
ZSOMdXcMRSRSQSOXSMdXcMRaK\_XU¸aZ\KMc
Y\KdYLYaSédOUNYUYXcaKXSKYMOXc\c
dcUKdaSédKXOQY\¸aXSOŜdYļaSO^VOXSOW
]^KXYaS]UZ\KMcZ\KMYNKaMKTO]^dYLY
aSédKXcNYZYWSK\¸aSYMOXcZK\KWO^\¸a
YļaSO^VOXSK-RYMSKŜYļaSO^VOXSOXSOUaK
VSPSU_TO]SýNYMdcXXSU¸a]dUYNVSacMR
^YTOQYZK\KWO^\cNOMcN_TéY_MSéŜVSaYļMS
Z\KMcad\YUYaOT8SO]ZOĥXSOXSOYU\OļVY
XcMRacWKQKħYļaSO^VOXSYacMRWYŜO
]^aK\dKëaK\_XUSdKQ\YŜOXSKKXKaO^
a]ZY]¸LZYļ\ONXSLcëZ\dcMdcXéac
ZKNU¸aZ\dcZ\KMc8K^YWSK]^]ZOĥXSOXSO
acWKQKħYļaSO^VOXSYacMRXSO\YdO\aKVXSO
aSéŜO]SýdacUYXKXSOWS\OKVSdKMTéYNZY
aSONXSOQYZ\YTOU^_YļaSO^VOXSK
8KVOŜcNYNKëŜOaZ\dcZKNU_]^KXY
aS]UZ\KMcdWYXS^Y\KWSOU\KXYacWS
KYLOMXSOWYŜXKZ\dcTéëŜOaSýU]dYļë
]^KXYaS]ULS_\YacMRTO]^aXSOacZY]KŜY
XcMRYLYaSéd_TO\¸aXSOŜ\YdZY\déNdOXSO
a]Z\KaSOLOdZSOMdOħ]^aKSRSQSOXcZ\KMc
XK]^KXYaS]UKMRacZY]KŜYXcMRaWY
XS^Y\cOU\KXYaOE!GDQYNXSOdx^OQY
\YdZY\déNdOXSKi
Z\KMYNKaMKTO]^YLY
aSédKXcY\QKXSdYaKë]^KXYaS]UK
Z\KMcdWYXS^Y\KWSOU\KXYacWSa^KUS
]ZY]¸LKLc]ZOĥXSKĥcYXOWSXSWKVXO
acWKQKXSKLOdZSOMdOħ]^aKSRSQSOXc
Z\KMcY\KdO\QYXYWSSYU\OļVYXOadK
ĥéMdXSU_
NYXSXSOT]dOQY\YdZY\déNdO
XSK
nDKĥéMdXSUNY^OQY\YdZY\déNdOXSK
adKU\O]SOYļaSO^VOXSK]^KXYaSWSX
ŜOi
ZYdSYWXK^ýŜOXSKYļaSO^VOXSKZY
aSXSOX]ZOĥXSKëacWKQKXSKYU\OļVYXO
a:YV]USMR8Y\WKMR
nZU^#K3a^cW
Z\dcZKNU_L\KUZYaYĥKXSK]SýXKYU\O
ļVYXOX_WO\cXY\WYdXKMdKŜOdKZS]
^OXYNXY]S]SýNYXY\WYļaSO^VOXSYacMR
dXKTN_TéMcMR]SýaKU^_KVXcWacUKdSO
XY\W:58
<YdZY\déNdOXSOWU^¸\OZYaYĥ_TO]Sý
XKXY\WýYļaSO^VOXSYaéZYNKTéMTOTX_
WO\S^c^_ĥadKĥéMdXSU_NY\YdZY\dé
NdOXSKTO]^\YdZY\déNdOXSOa]Z\KaSO
aK\_XU¸a^OMRXSMdXcMRTKUSWZYaSXXc
YNZYaSKNKëL_NcXUSSSMR_]c^_YaKXSO
E"G8SO]^O^c\YdZY\déNdOXSO^YU^¸\OQY
Y]^K^XSKdWSKXKLcĥK_]^KXYaSYXKZ\dON
VS]^YZKNOW\Z\dcaYĥ_TOXY\Wý
:8"/
9ļaSO^VOXSOaXý^\d
ļaSK^ĥOWOVOU^\cMdXcW
EG>KUSOZY
aYĥKXSOa]UKd_TOŜOXYaYYNNKaKXO
L_NcXUSZYaSXXcWSOëYļaSO^VOXSOdK
Z\YTOU^YaKXOdQYNXSOdOi]^K\énXY\Wé
YļaSO^VOXSYaéEG>KUaSýMYLOMXSO
S]^XSOTO]Z\dOMdXYļëacWKQKħYļaSO^VO
XSYacMRZ\dcTWYaKXcMRXKZYN]^KaSO
\¸ŜXcMR\YdZY\déNdOħAdaSédU_
d^cW]éZYNOTWYaKXO]^K\KXSKYaZ\Y
aKNdOXSOdWSKXaOa]ZYWXSKXcW\Yd
ZY\déNdOXS_E"G^KUKLcZ\dcaYĥcaKĥY
YXYKU^_KVXéXY\WýYļaSO^VOXSYaéEG
:YN]_WYaKXSO
?adQVýNXSKTéMZ\dON]^KaSYXO\YdaK
ŜKXSKXKVOŜc]^aSO\NdSëŜOacWKQKXSK
XY\Wc:8/8 $$
ĻaSK^ĥY
SYļaSO^VOXSO9ļaSO^VOXSOWSOT]MZ\KMc
-dýļë$7SOT]MKZ\KMcaOaXý^\dKMR
EGNY^cMdéMOZK\KWO^\¸aYļaSO^VOXSK
OVOU^\cMdXOQY]éYLVSQK^Y\cTXOAUYX]O
UaOXMTSaSéŜO]Sý^YdYLYaSédUSOWZ\Y
TOU^YaKXSKYļaSO^VOXSKdQYNXSOd^éXY\Wé
EGY\KddYU\O]YacW]Z\KaNdKXSOWZK
\KWO^\¸aYļaSO^VOXSKZ\dOdacUYXcaKXSO
SMRZYWSK\¸a
.YZ\YLVOW¸adaSédKXcMRdO]^Y]Y
aKXSOWXYaOTXY\WcZ\dcZ\YTOU^YaKXS_
YļaSO^VOXSKSacUYXcaKXS_TOQYZYWSK\¸a
ZYa\¸MSWcaXK]^ýZXcWX_WO\dOi,Od
ZSOMdOħ]^aK:\KMcn
+\^cU_ĥLcĥUYX]_V^YaKXcd71S:
:3Ļ73/883->A9
EG:8/8 $$
ĻaSK^ĥYSYļaSO^VOXSO
9ļaSO^VOXSOWSOT]MZ\KMc-dýļë$7SOT]MKZ\KMc
aOaXý^\dKMR
EG:8!/
9ļaSO^VOXSOOVOU^\cMdXO^O\OX¸a
L_NYacZ\dOWc]ĥYacMRUYVOTYacMRZY\^YacMRY\Kd
NaY\M¸aSļ\YNU¸a^\KX]ZY\^_Z_LVSMdXOQY
EG:8"/
?\déNdOXSKOVOU^\YOXO\QO^cMdXO
9ļaSO^VOXSOOVOU^\cMdXOYLSOU^¸aOXO\QO^cMdXcMR
EG:8"/
9ļaSO^VOXSOaXý^\dļaSK^ĥOW
OVOU^\cMdXcW
EG?]^KaKdNXSKa\dOļXSK\YXY\WKVSdKMTS
.d?X\ #ZYd" Sd\X\!ZYd!
E G<YdZY\déNdOXSO7SXS]^\K:\KMcS:YVS^cUS=YMTKVXOT
dNXSK a\dOļXSK##!\a]Z\KaSOYQ¸VXcMRZ\dOZS]¸a
LOdZSOMdOħ]^aKSRSQSOXcZ\KMc^OU]^TONXYVS^c.d?
d\X\ #ZYd
E!G<YdZY\déNdOXSO7SXS]^\K:\KMcS:YVS^cUS=YMTKVXOT
dNXSKQ\_NXSK##"\a]Z\KaSOLOdZSOMdOħ]^aKSRS
QSOXcZ\KMcXK]^KXYaS]UKMRacZY]KŜYXcMRaWYXS^Y\c
OU\KXYaO.d?X\"ZYd#!
E"G<YdZY\déNdOXSO7SXS]^\K3XP\K]^\_U^_\cdNXSK
UaSO^XSK\a]Z\KaSOaK\_XU¸a^OMRXSMdXcMR
TKUSWZYaSXXcYNZYaSKNKëL_NcXUSSSMR_]c^_YaKXSO
.d?X\!ZYd #d\X\ZYd!d\
X\#ZYd
>OX]ZY]¸LZYaYĥcaKXSK:YV]USMR8Y\WWK^KUé
aKNýŜOa\KdSO_]^KXYaSOXSKXYaOTXY\WcV_LdWSKXc
XY\WcNY^cMRMdK]YaOTUYXSOMdXKTO]^dWSKXK\YdZY\dé
NdOXSKaU^¸\cW^KUSOZYaYĥKXSOdKWSO]dMdYXY