• Non ci sono risultati.

Carelia segni immagini momenti

N/A
N/A
Protected

Academic year: 2021

Condividi "Carelia segni immagini momenti"

Copied!
98
0
0

Testo completo

(1)

Carelia

segni

immagini

momenti

Stefano Bertocci Sandro Parrinello

(2)

!

!"#$%&&'()**+,#!"#-)&.+//'

0%&)*'%1#2)3(',#'44%3'(',#4+4)(.'"#0%.%*+3+#5)**%#4+2.&%"# !%(#$').&+67&3+,#!)8%49:&'(.,#;<=="#:%3"

>%#:766*'/%8'+()#'(#*'(37%#&722%#)#'.%*'%(%#:&)2)(.%#5'2)3('#)#%::7(.'#5'# ?'%33'+# /@)# &%//+(.%(+# *)# )2:)&')(8)# ?'227.)# '(# 0%&)*'%# 5%3*'# %&/@'.)..'# )#%&.'2.'#'.%*'%('#!%(5&+#$%&&'()**+#)#!.)A%(+#-)&.+//'#*)#/7'#+:)&)#2+(+# 2.%.)#'2:'&%.)#5%#:%)2%33'#&+4%(.'/',#?'**%33'#%(.'/@'#)#%&/@'.)..7&)#*'3())# .&%5'8'+(%*'#/%&)*'%()"

>)# +:)&)# %&.'2.'/@)# )# *)# +22)&?%8'+('# 5)3*'# %7.+&'# &%::&)2)(.%(+# 7(B+//%2'+()# :)&# /%:'&)# *%# A+&8%# 5)*# 5'2)3(+,# /@)# &%//@'75)# '(# 2C# (+(# 2+*+# 2)4:*'/'# '44%3'('# 4%# %(/@)# )# 2+:&%..7..+# )4+8'+(',# '4:&)22'+(',# :&+A74'#D#.7..+#E7)**+#/@)#A%#:)&/):'&)#*B%.4+2A)&%#'&&':).'6'*)#5)*#F+&5# G722+" H!-F#IJK9L9IMNNI9<NM9= 0%2%#)5'.&'/)#OOO#P!)8%49:&'(.Q &KHUQ\DNKRYVNRJRȽ =I===I#!%(#$').&+67&3+ R)*"#STJK=;U#M;L9;;9;L VVV"2)8%4"&7 G)5%..+&) !"#$!%&'(")*+!,(-! 3URJHWWRJUD¿FR .!/,+(%0!++$/1""( R&%578'+(' $+$/!%21"3!1-.&!3! W#X22+/'%8'+()#0%&)*'%9H.%*'%,#;<== W#!.)A%(+#-)&.+//',#;<== W#!%(5&+#$%&&'()**+,#;<== R7..'#'#5'&'..'#&'2)&?%.'"#Y').%.%#E7%*2'%2'#&':&+578'+(),#%(/@)#:%&8'%*),# 2)(8%#*B%7.+&'88%8'+()#2/&'..%#5)'#:&+:&').%&'#5)'#5'&'..'#5B%7.+&)" ɉɚɪɪɢɧɟɥɥɨ&Ȼɟɪɬɨɱɱɢɋ ɉ Ʉɚɪɟɥɢɹɡɧɚɤɢɨɛɪɚɡɵɦɨɦɟɧɬɵ&DUHOLDVHJQLLPPDJLQL PRPHQWLɄɚɬɚɥɨɝɜɵɫɬɚɜɤɢ±ɋɉɛɈɈɈ©ɋɟɡɚɦɩɪɢɧɬª"ɫ ɂɡɞɚɧɢɟɧɚɪɭɫɫɤɨɦɢɢɬɚɥɶɹɧɫɤɨɦɹɡɵɤɚɯɩɪɟɞɫɬɚɜɥɹɟɬɜɵɪɚɠɟɧɧɵɣ ɜɡɚɪɢɫɨɜɤɚɯɢɩɭɬɟɜɵɯɡɚɦɟɬɤɚɯɜɡɝɥɹɞɢɬɚɥɶɹɧɫɤɢɯɯɭɞɨɠɧɢɤɨɜɢ ɚɪɯɢɬɟɤɬɨɪɨɜɋɚɧɞɪɨɉɚɪɪɢɧɟɥɥɨɢɋɬɟɮɚɧɨȻɟɪɬɨɱɱɢɧɚɄɚɪɟɥɢɸ ɂɫɬɨɱɧɢɤɚɦɢ ɜɞɨɯɧɨɜɟɧɢɹ ɞɥɹ ɢɯ ɪɚɛɨɬ ɫɥɭɠɚɬ ɪɨɦɚɧɬɢɱɟɫɤɢɟ ɤɚɪɟɥɶɫɤɢɟɩɟɣɡɚɠɢɫɬɚɪɢɧɧɵɟɞɟɪɟɜɧɢɩɚɦɹɬɧɢɤɢɬɪɚɞɢɰɢɨɧɧɨɣ ɞɟɪɟɜɹɧɧɨɣɚɪɯɢɬɟɤɬɭɪɵ Ɍɜɨɪɱɟɫɤɢɟɪɚɛɨɬɵɚɜɬɨɪɨɜɢɩɨɹɫɧɹɸɳɢɟɫɬɚɬɶɢɞɚɸɬɜɨɡɦɨɠɧɨɫɬɶ ɨɳɭɬɢɬɶ ɜɫɸ ɫɢɥɭ ɪɢɫɭɧɤɚ ɡɚɤɥɸɱɚɸɳɟɝɨ ɜ ɫɟɛɟ ɧɟ ɬɨɥɶɤɨ ɡɪɢɬɟɥɶɧɵɟɨɛɪɚɡɵɧɨɢɜɩɟɱɚɬɥɟɧɢɹɷɦɨɰɢɢɚɪɨɦɚɬɵ±ɜɫɟɬɨɱɬɨ ɞɚɟɬɜɨɡɦɨɠɧɨɫɬɶɩɨɱɭɜɫɬɜɨɜɚɬɶɧɟɩɨɜɬɨɪɢɦɭɸɚɬɦɨɫɮɟɪɭɊɭɫɫɤɨɝɨ ɋɟɜɟɪɚ      ȻȻɄ  ɹ      ɍȾɄ   H!-F#IJK9L9IMNNI9<NM9= # # # # ɂɡɞɚɬɟɥɶɫɬɜɨɈɈɈ©ɋɟɡɚɦɩɪɢɧɬª ɝɋɚɧɤɬɉɟɬɟɪɛɭɪɝɭɥɑɟɪɧɹɯɨɜɫɤɨɝɨɞɥɢɬȽ ɬɟɥ   VVV"2)8%4"&7 Ɉɬɜɟɬɫɬɜɟɧɧɵɣɡɚɜɵɩɭɫɤ Ⱥɥɶɮɢɹɏɨɥɦɭɪɚɞɨɜɚ Ⱦɢɡɚɣɧ    ɋɚɧɞɪɨɉɚɪɪɢɧɟɥɥɨ ɉɟɪɟɜɨɞ    ɂɪɢɧɚȻɟɥɹɟɜɫɤɚɹ ‹ɄɊɈȾ©Ɉɛɳɟɫɬɜɨɞɪɭɠɛɵ³Ʉɚɪɟɥɢɹɂɬɚɥɢɹ´ª ‹ɋɚɧɞɪɨɉɚɪɪɢɧɟɥɥɨ ‹ɋɬɟɮɚɧɨȻɟɪɬɨɱɱɢ ȼɫɟ ɩɪɚɜɚ ɡɚɳɢɳɟɧɵ ɉɨɥɧɨɟ ɢ ɱɚɫɬɢɱɧɨɟ ɜɨɫɩɪɨɢɡɜɟɞɟɧɢɟ ɦɚɬɟɪɢɚɥɨɜ ɜ ɤɚɤɨɣɥɢɛɨ ɮɨɪɦɟ ɡɚɩɪɟɳɟɧɨ ɛɟɡ ɩɢɫɶɦɟɧɧɨɝɨ ɪɚɡɪɟɲɟɧɢɹɜɥɚɞɟɥɶɰɟɜɚɜɬɨɪɫɤɢɯɩɪɚɜ

(3)

"

ɋɚɧɞɪɨɉɚɪɪɢɧɟɥɥɨɋɬɟɮɚɧɨȻɟɪɬɨɱɱɢ

Ʉɚɪɟɥɢɹɡɧɚɤɢɨɛɪɚɡɵɦɨɦɟɧɬɵ

!%(5&+#$%&&'()**+,#!.)A%(+#-)&.+//'

0%&)*'%1#2)3(',#'44%3'(',#4+4)(.'

!

//(

%

,1""!

%

"$/4*!

%

1

%

,1""!

%

5*"6*+!

%

$6!"$!/!

%

$/

%+

*..$!

ȽɨɞɢɬɚɥɶɹɧɫɤɨɣɤɭɥɶɬɭɪɵɢɢɬɚɥɶɹɧɫɤɨɝɨɹɡɵɤɚɜɊɨɫɫɢɢ

ɮɟɜɪɚɥɹ±ɦɚɪɬɚ

ɉɟɬɪɨɡɚɜɨɞɫɤ

Ɇɟɞɢɚɰɟɧɬɪ©9ɵɯɨɞª

ɉɪɄɆɚɪɤɫɚ

;L#A)66&%'+#D#=I#4%&8+#;<==

$).&+8%?+52Z

[)5'%9/)(.&)#PY\@+5Q

]"#[%&^#%?)"#=N

X22+/'%8'+()#5B%4'/'8'%#0%&)*'%9H.%*'% 0)(.&+#5'#*'(37%#)#/7*.7&%#'.%*'%(% 0+(#'*#27::+&.+#5'1 _('?)&2'.`#5)3*'#!.75'#5'#a'&)(8) ['('2.)&+#5)**%#/7*.7&%#5)**%#a)5)&%8'+()#G722% ['('2.)&+#5)**%#/7*.7&%#5)**%#G):766*'/%#5'#0%&)*'% 0)(.&+#5)**)#'('8'%.'?)#/7*.7&%*' a+(5%8'+()#:)&#*+#2?'*7::+#5)**)#'(572.&')#%&.'2.'/@)#)#5)*#.7&'24+# /7*.7&%*) H2.'.7.+#'.%*'%(+#5'#/7*.7&%#5'#!%(#$').&+67&3+ Ɉɛɳɟɫɬɜɨɞɪɭɠɛɵ©Ʉɚɪɟɥɢɹɂɬɚɥɢɹª ɐɟɧɬɪɢɬɚɥɶɹɧɫɤɨɝɨɹɡɵɤɚɢɤɭɥɶɬɭɪɵ ɉɪɢɩɨɞɞɟɪɠɤɟ ɍɧɢɜɟɪɫɢɬɟɬɎɥɨɪɟɧɰɢɢ ɆɢɧɢɫɬɟɪɫɬɜɨɤɭɥɶɬɭɪɵɊɨɫɫɢɣɫɤɨɣɎɟɞɟɪɚɰɢɢ ɆɢɧɢɫɬɟɪɫɬɜɨɤɭɥɶɬɭɪɵɊɟɫɩɭɛɥɢɤɢɄɚɪɟɥɢɹ ɐɟɧɬɪɤɭɥɶɬɭɪɧɵɯɢɧɢɰɢɚɬɢɜ Ɏɨɧɞɪɚɡɜɢɬɢɹɬɜɨɪɱɟɫɤɢɯɢɧɞɭɫɬɪɢɣɢɤɭɥɶɬɭɪɧɨɝɨɬɭɪɢɡɦɚ ɂɬɚɥɶɹɧɫɤɢɣɢɧɫɬɢɬɭɬɤɭɥɶɬɭɪɵɜɋɚɧɤɬɉɟɬɟɪɛɭɪɝɟ Ɋɭɤɨɜɨɞɢɬɟɥɶɩɪɨɟɤɬɚ ɂɪɢɧɚȻɟɥɹɟɜɫɤɚɹ Ʉɨɨɪɞɢɧɚɬɨɪɵ ɅɢɥɢɹȻɨɥɨɬɢɧɫɤɚɹɈɥɶɝɚɌɭɠɢɥɤɢɧɚȺɧɧɚɄɚɥɚɲɧɢɤ ȺɧɚɫɬɚɫɢɹɊɨɠɤɨɜɚ G)2:+(2%6'*)#5)*#:&+3)..+ H&'(%#-)*\%)?2Z%\% 0++&5'(%.+&' >'*'%#-+*+.'(2Z%\%,#O*3%#R78@'*Z'(%,#X((%#]%*%2@('Z,#X(%2.%2'%# G+8@Z+?% Ȼɥɚɝɨɞɚɪɧɨɫɬɢ ɂɪɢɧɟɉɚɜɥɨɜɨɣȿɥɟɧɟɋɨɥɨɝɭɛɋɟɪɝɟɸɌɟɪɟɧɬɶɟɜɭȽɚɥɢɧɟ ɄɭɥɟɜɨɣɌɚɬɶɹɧɟɁɢɦɢɧɨɣɋɜɟɬɥɚɧɟȺɜɟɪɶɹɧɨɜɨɣȺɧɬɨɧɢɧɟ Ʉɚɦɢɪɨɜɨɣ Ɉɥɶɝɟ Ʌɹɞɢɧɨɣ ȼɚɥɟɧɬɢɧɟ Ʉɨɠɟɜɧɢɤɨɜɨɣ Ⱥɥɟɜɬɢɧɟ Ɍɚɥɚɧɨɜɨɣ ȼɢɤɬɨɪɭ ɋɟɦɟɧɨɜɤɟɪɭ Ⱥɧɚɫɬɚɫɢɢ ɒɟɦɟɧɟɜɨɣɎɪɚɧɱɟɫɤɨȺɬɬɨɥɢɧɢɅɚɭɪɟɋɢɪɚɝɭɡɚȾɠɨɪɞɠɢɨ ɆɚɬɬɢɨɥɢɋɟɪɟɧɟɄɨɥɟɬɬɨɂɧɝɚɆɢɧɨɫɹɧ G'(3&%8'%4)(.' H&'(%#$%?*+?%,#b*)(%#!+*+376,#!)&3@)'#R)&)(.')?,#c%*'(%#]7*)?%,# R%.'%(%#d'4'(%,#!?).*%(%#X?)&'%(+?%,#X(.+('(%#]%4'&+?%,#O*3%# >'%5'(%,# Y%*)(.'(%# ]+8@)?('Z+?%,# X*)?.'(%# R%*%(+?%,# Y'Z.+&# !)4)(+?Z)&,# X(%2.%2'%# !@)4)()?%,# a&%(/)2/+# X..+*'(',# >%7&%# !'&%372%,#c'+&3'+#[%..'+*',#!)&)(%#0+*)..+,#H(3%#['(+2\%("#

(4)

#

!"#$%&'()$%*&'+'*#&,-..&%&'/*&.-#'&,,0-(1#/2)'3-'(),%-'&(-4-'45#'2#/,-'&22-'

%*&$4)*$-'-2'6&*#,-&'5&22)'4)23-7-$)'4)2'2)-'#$1#*-#2.#'#'*-4#*45#8

9'3-$#/2-'45#'$)2)':"-'*&44),%-'$)2)'#$1*#$$-)2#'3-'"2&'1&$$-)2#'2)2'$),)'1#*'

,0&*45-%#%%"*&;'1#*'-,'7-&//-)'#'1#*',&'1*)1#2$-)2#'&,'*&44)2%)'3#-',")/5-;'(&'1#*'

,&'7-%&'-2'/#2#*#8'<0')44&$-)2#':"#$%&'1#*'$&,"%&*#'"2'/*&23#'(&#$%*)'3#,'3-$#/2)'

*#4#2%#(#2%#'$4)(1&*$);',#'4"-'1&*),#'1*)2"24-&%#'&,'===99'6)27#/2)

92%#*2&.-)2&,#'3#,,#'3-$4-1,-2#'3#,,&'*&11*#$#2%&.-)2#''>?#%%-()'4)2/*#$$)'@9AB;'

*#$%#*&22)'1#*'2)-'"2'-2$#/2&(#2%)'-23#,#C-,#D

EA-$#/2&*#'+'7-7#*#FG'

!"$"#!"-"#

ɗɬɚɜɵɫɬɚɜɤɚɫɬɚɥɚɜɨɡɦɨɠɧɨɣɛɥɚɝɨɞɚɪɹɩɨɦɨɳɢɦɧɨɝɢɯɞɪɭɡɟɣɞɟɥɢɜɲɢɯɫ

ɧɚɦɢɩɭɬɟɲɟɫɬɜɢɹɢɢɫɫɥɟɞɨɜɚɧɢɹɜɬɟɱɟɧɢɟɜɫɟɯɥɟɬɩɪɨɜɟɞɟɧɧɵɯɜɄɚɪɟɥɢɢ

ɉɪɟɞɫɬɚɜɥɟɧɧɵɟɪɚɛɨɬɵɜɵɪɚɠɚɸɬɧɚɲɢɧɬɟɪɟɫɧɟɬɨɥɶɤɨɤɚɪɯɢɬɟɤɬɭɪɟ

ɩɭɬɟɲɟɫɬɜɢɹɦɢɢɡɭɱɟɧɢɸɪɚɡɧɵɯɦɟɫɬɧɨɤɠɢɡɧɢɜɨɨɛɳɟ

ȼɫɜɹɡɢɫɷɬɢɦɧɟɥɶɡɹɧɟɜɫɩɨɦɧɢɬɶɧɟɞɚɜɧɨɭɲɟɞɲɟɝɨɜɟɥɢɤɨɝɨɦɚɫɬɟɪɚ

ɪɢɫɭɧɤɚɫɥɨɜɚɤɨɬɨɪɨɝɨɩɪɨɢɡɧɟɫɟɧɧɵɟɧɚ;;;,,Ɇɟɠɞɭɧɚɪɨɞɧɨɦɫɢɦɩɨɡɢɭɦɟ

ɩɨɢɡɨɛɪɚɡɢɬɟɥɶɧɵɦɞɢɫɰɢɩɥɢɧɚɦ 9,,Ʉɨɧɝɪɟɫɫɟɢɬɚɥɶɹɧɫɤɨɝɨɫɨɸɡɚ

ɯɭɞɨɠɧɢɤɨɜ ɧɚɜɫɟɝɞɚɨɫɬɚɧɭɬɫɹɞɥɹɧɚɫɧɟɡɵɛɥɟɦɨɣɡɚɩɨɜɟɞɶɸ

Ɋɢɫɨɜɚɬɶɡɧɚɱɢɬɠɢɬɶ

Ⱥɜɬɨɪɵ

(5)

0%&)*'%1#2)3(',#'44%3'(',#4+4)(.'

9*-2&'H#,#7$I&J&#

#

$&)2'5)(.)#5)**BX22+/'%8'+()#5B%4'/'8'%#0%&)*'%9H.%*'%

K)C#*%)'L&#$%*)

'

'

e'2)3(%&)#C""""

?%#M&2)'H#*%)44-

#

#

a)*'/'.`#C#5'2)3(+#

#

#

#

#

>B)2:)&')(8%#5)*#?'%33'+

?&23*)'N&**-2#,,)

# #

H*#5'2)3(+#:)&#'*#:%)2%33'+#5)**%#0%&)*'%

#

#

#

#

H*#&%//+(.+#5)*#*7+3+#.&%#*)#)2:)&')(8)#5'#?'%33'+

0%.%*+3+#5)**%#4+2.&%

ɄȺɊȿɅɂəɁɇȺɄɂɈȻɊȺɁɕɆɈɆȿɇɌɕ

ɂɪɢɧɚȻɟɥɹɟɜɫɤɚɹ



ɉɪɟɞɫɟɞɚɬɟɥɶɄɊɈȾɈɛɳɟɫɬɜɨɞɪɭɠɛɵ©Ʉɚɪɟɥɢɹɂɬɚɥɢɹª

K)C#*%)'L&#$%*)

'

'

e'2)3(%&)#C""""

ɋɬɟɮɚɧɨȻɟɪɬɨɱɱɢ

''

ɋɱɚɫɬɶɟ±ɷɬɨɪɢɫɭɧɨɤ









Ɉɩɵɬɩɭɬɟɲɟɫɬɜɢɣ

ɋɚɧɞɪɨɉɚɪɪɢɧɟɥɥɨ

''

ɂɡɨɛɪɚɠɚɹɩɟɣɡɚɠɢɄɚɪɟɥɢɢ









Ɉɛɪɚɡɵɦɟɫɬɧɚɫɬɪɚɧɢɰɚɯɩɭɬɟɜɵɯɡɚɦɟɬɨɤ

Ʉɚɬɚɥɨɝɜɵɫɬɚɜɤɢ

#######################

O

K

PQ

RQ

ST

#######################

U

I

PU

VU

ST

(6)

$ !)3(',#'44%3'(',#4+4)(.',#2+(+#.7..'#4)88'#/+(#'#E7%*'#'*#F+&5# G722+# /+47('/%# /+(# +3(7(+# 5'# (+',# .&%2A+&4%(5+# *+# 2:)..%.+&)# '(#:%&.)/':%(.),#:&+.%3+('2.%,#/+%7.+&)#5)**%#27%#2.+&'%#?)&%"#_(%# ?+*.%#(%.%,#E7)2.%#(%&&%8'+()#?'?)#*%#:&+:&'%#?'.%#5'?)(.%(5+#+&%# 7(%#A%?+*%,#+&%#7(#&+4%(8+#2.+&'/+#+::7&)#7(%#2.+&'%#5B%4+&)"""# H*# F+&5# (+(# &%//+(.%# *)# 27)# ?'/)(5)# 276'.+# )# %5# %*.%# ?+/),# 4%# JOLDVFROWDWRULSLDWWHQWLDOOD¿QHULHVFRQRDDSSUHQGHUHWDQWRGDO 27+(+#5)'#27+'#2'*)(8'" f#%//%57.+#:&+:&'+#/+2g#%3*'#%&/@'.)..'#'.%*'%('#!%(5&+#$%&&'()**+#)# !.)A%(+#-)&.+//'#/@),#%(/+&%#:+/@'#%(('#A%,#(+(#/+(+2/)?%(+#(')(.)# 5)**%# 0%&)*'%"# Pa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

H VHPSOLFL PD LQFUHGLELOPHQWH SUHJQDQWL H GHQVL GL VLJQL¿FDWL 272/'.%(+#+&%#7(#2+&&'2+#.)()&+,#+&%#7(%#.&'2.)88%#:)().&%(.)h#+&%# +&3+3*'+,#+&%#:75+&)h#4%#2+&:&)(5+(+#2)4:&)#/+(#*+#2:'&'.+#E7%2'# VFLHQWL¿FRGLRVVHUYD]LRQHGHJOLDUWLVWLFKHLQXQPRGRPLVWHULRVR ULHVFRQR D SHUFHSLUH H DG DIIHUUDUH XQ¶HVVHQ]D" /¶HVVHQ]D GL /+&.'*'#)#:'%88),#/@')2)#)#/%::)**),#2.&%5'()#'46+2/%.)#)#:&%.'h#*+# 2:'&'.+#5'#$).&+8%?+52Z#)#]+(5+:+3%,#]'()&4%#)#-+*2@%i%#!)*3%,# ]'8@',#]'?%/@,#$%(+8)&+"""

# >%# ?'2'+()# '.%*'%(%# 5)*# P(+//'+*+Q# /%&)*'%(+# C# )2.&)4%4)(.)# A&)2/%#)5#'(.)&)22%(.)"#F+(#%#/%2+#'*#:&+3)..+#5)**%#4+2.&%#?')()# &)%*'88%.+# ()*# E7%5&+# 5)**BX((+# 5)**BH.%*'%# '(# G722'%# )# :&)2)(.%# %*#:766*'/+#&722+#/%4:'+('#'(5766'%4)(.)#(+.)?+*'#5)**%#/7*.7&%# '.%*'%(%"# >B'5)%# 5)**B7('+()# 5)'# 57)# A)(+4)('# /7*.7&%*',# *B%&.)# '.%*'%(%# 5)*# 5'2)3(+,# &%::&)2)(.%(.),# )# '*# :%.&'4+('+# 5)*# F+&5# 5XVVR UDSSUHVHQWDWR DWWULEXLVFH DOOD PRVWUD XQ VLJQL¿FDWR :%&.'/+*%&)#)#7(#%(/+&%#:'j#%*.+#?%*+&)" F+(+2.%(.)#*%#3&%(5)#5'AA)&)(8%#5)**)#&)%*.`#?'227.),#*%#:)&/)8'+()# 5)*# 4+(5+# '(# G722'%# )# '(# H.%*'%# 2:)22+# 2.&%(%4)(.)# /+'(/'5+(+"# 0%:'&)#2)#C#%//%57.+#%(/@)#E7)2.%#?+*.%#.+//%#%**+#2:)..%.+&)#/@)# )(.&%(5+#%#A%&#:%&.)#5'#7(%#2.+&'%#(+&5'/%#&%//+(.%.%#5%3*'#%7.+&'# /)&/%#5'#/+(/):'&)#'#2)3(',#*)#'44%3'(',#'#4+4)(.'#5'#)22%"

9*-2&'H#,J&#7$I&J&

$&)2'5)(.)#5)**BX22+/'%8'+()#5B%4'/'8'%#0%&)*'%9H.%*'%

(7)

% Ɂɧɚɤɢ ɨɛɪɚɡɵ ɢ ɦɨɦɟɧɬɵ   ɫ ɢɯ ɩɨɦɨɳɶɸ Ɋɭɫɫɤɢɣ ɋɟɜɟɪ ɨɛɳɚɟɬɫɹ ɫ ɤɚɠɞɵɦ  ɩɪɟɜɪɚɳɚɹ ɫɨɡɟɪɰɚɬɟɥɹ ɜ ɭɱɚɫɬɧɢɤɚ ɝɥɚɜɧɨɝɨ ɝɟɪɨɹ ɫɨɚɜɬɨɪɚ ɫɜɨɟɣ ɧɟɩɪɢɞɭɦɚɧɧɨɣ ɢɫɬɨɪɢɢ Ɋɨɞɢɜɲɢɫɶ ɩɨɜɟɫɬɜɨɜɚɧɢɟ ɠɢɜɟɬ ɫɨɛɫɬɜɟɧɧɨɣ ɠɢɡɧɶɸ ɫɬɚɧɨɜɹɫɶɬɨɫɤɚɡɤɨɣɬɨɢɫɬɨɪɢɱɟɫɤɨɣɩɨɜɟɫɬɶɸɬɨɥɸɛɨɜɧɵɦ ɪɨɦɚɧɨɦ« ɋɟɜɟɪ ɧɚɱɢɧɚɟɬ ɫɜɨɣ ɪɚɫɫɤɚɡ ɧɟ ɫɪɚɡɭ ɢ ɜɟɞɟɬ ɟɝɨ ɧɟɝɪɨɦɤɨ ɧɨ ɜɧɢɦɚɬɟɥɶɧɵɦ ɫɥɭɲɚɬɟɥɹɦ ɟɝɨ ɬɢɲɢɧɚ ɫɩɨɫɨɛɧɚ ɪɚɫɫɤɚɡɚɬɶɦɧɨɝɨɟ Ɍɚɤ ɩɪɨɢɡɨɲɥɨ ɢ ɫ ɢɬɚɥɶɹɧɫɤɢɦɢ ɚɪɯɢɬɟɤɬɨɪɚɦɢ ɋɚɧɞɪɨ ɉɚɪɪɢɧɟɥɥɨ ɢ ɋɬɟɮɚɧɨ Ȼɟɪɬɨɱɱɢ ɤɨɬɨɪɵɟ ɜɫɟɝɨ ɧɟɫɤɨɥɶɤɨ ɥɟɬɧɚɡɚɞɫɨɜɫɟɦɧɢɱɟɝɨɧɟɡɧɚɥɢɨɄɚɪɟɥɢɢ©Ⱦɢɬɹɡɚɩɚɞɧɨɝɨ ɦɢɪɚ ɜ ɤɨɬɨɪɨɦ ɮɨɪɦɚ ɱɚɫɬɨ ɡɧɚɱɢɬ ɛɨɥɶɲɟ ɱɟɦ ɫɨɞɟɪɠɚɧɢɟ ɹ ɩɨɬɪɚɬɢɥ ɞɧɢ ɚ ɦɨɠɟɬ ɢ ɝɨɞɵ ɱɬɨɛɵ ɨɫɨɡɧɚɬɶ ɤɚɤɭɸ ɪɟɜɨɥɸɰɢɸɩɪɨɢɡɜɟɥɢɜɨɦɧɟɤɚɪɟɥɶɫɤɢɟɥɚɧɞɲɚɮɬɵªɩɨɡɠɟ ɧɚɩɢɲɟɬ ɋɚɧɞɪɨ ɉɚɪɪɢɧɟɥɥɨ ɨ ɫɜɨɟɦ ɩɟɪɜɨɦ ɩɪɚɤɬɢɱɟɫɤɢ ɫɥɭɱɚɣɧɨɦ ɡɧɚɤɨɦɫɬɜɟ ɫ Ʉɚɪɟɥɢɟɣ ɤɨɬɨɪɨɟ ɜɩɨɫɥɟɞɫɬɜɢɢ ɜɵɥɢɥɨɫɶ ɜ ɧɟɨɠɢɞɚɧɧɨ ɞɥɢɬɟɥɶɧɭɸ ɢɫɬɨɪɢɸ ɬɜɨɪɱɟɫɤɢɯ ɜɡɚɢɦɨɨɬɧɨɲɟɧɢɣɚɜɬɨɪɨɜɫɫɟɜɟɪɧɵɦɤɪɚɟɦ ɑɬɨ ɠɟ ɪɚɫɫɤɚɡɚɥ ɋɟɜɟɪ ɷɬɢɦ ɩɨɜɢɞɚɜɲɢɦ ɦɢɪ ɯɭɞɨɠɧɢɤɚɦ ɜ ɩɭɬɟɜɵɯ ɚɥɶɛɨɦɚɯ ɤɨɬɨɪɵɯ ɧɚɣɞɭɬɫɹ ɡɚɪɢɫɨɜɤɢ ɫɨ ɜɫɟɯ ɭɝɨɥɤɨɜ ɫɜɟɬɚ" ɍɫɥɵɲɚɧɧɚɹ ɢ ɩɪɨɠɢɬɚɹ ɚɜɬɨɪɚɦɢ ɢɫɬɨɪɢɹ  ɜ ɢɯ ɪɢɫɭɧɤɚɯ ɥɚɤɨɧɢɱɧɵɟ ɢ ɩɪɨɫɬɵɟ ɧɨ ɩɨɪɚɡɢɬɟɥɶɧɨ ɟɦɤɢɟ ɨɧɢ ɜɵɡɵɜɚɸɬ ɬɨ ɫɜɟɬɥɭɸ ɭɥɵɛɤɭ ɬɨ ɩɪɨɧɡɢɬɟɥɶɧɭɸ ɝɪɭɫɬɶɬɨɝɨɪɞɨɫɬɶɬɨɫɬɵɞɧɨɜɫɟɝɞɚɡɚɫɬɚɜɥɹɸɬɩɨɪɚɠɚɬɶɫɹ ɩɨɱɬɢ ɧɚɭɱɧɨɣ ɧɚɛɥɸɞɚɬɟɥɶɧɨɫɬɢ ɯɭɞɨɠɧɢɤɨɜ ɧɟɜɟɞɨɦɨ ɤɚɤ ɭɥɨɜɢɜɲɢɯ ɢ ɩɨɱɭɜɫɬɜɨɜɚɜɲɢɯ« ɫɭɬɶ" ɋɭɬɶ ɞɜɨɪɢɤɨɜ ɢ ɩɥɨɳɚɞɟɣ ɰɟɪɤɜɟɣ ɢ ɱɚɫɨɜɟɧ ɥɟɫɧɵɯ ɞɨɪɨɝ ɢ ɥɭɠɚɟɤ ɞɭɲɭ ɉɟɬɪɨɡɚɜɨɞɫɤɚ ɢ Ʉɨɧɞɨɩɨɝɢ Ʉɢɧɟɪɦɵ ɢ Ȼɨɥɶɲɨɣ ɋɟɥɶɝɢ ɄɢɠɟɣɄɢɜɚɱɚɉɚɧɨɡɟɪɚ ɂɬɚɥɶɹɧɫɤɢɣ ɜɡɝɥɹɞ ɧɚ ɤɚɪɟɥɶɫɤɨɟ ©ɝɥɚɜɧɨɟª ɱɪɟɡɜɵɱɚɣɧɨ ɫɜɟɠ ɢ ɢɧɬɟɪɟɫɟɧ ɇɟɫɥɭɱɚɣɧɨ ɩɪɨɟɤɬ ɪɟɚɥɢɡɭɟɬɫɹ ɜ ɪɚɦɤɚɯ Ƚɨɞɚ ɂɬɚɥɢɢ ɜ Ɋɨɫɫɢɢ ɢ ɩɪɟɞɫɬɚɜɥɹɟɬ ɪɨɫɫɢɣɫɤɨɣ ɩɭɛɥɢɤɟ ɧɟɫɨɦɧɟɧɧɨ ɹɪɤɢɟ ɨɛɪɚɡɰɵ ɦɢɪɚ ɢɬɚɥɶɹɧɫɤɨɣ ɤɭɥɶɬɭɪɵ ɂɞɟɹ ɫɨɟɞɢɧɟɧɢɹ ɞɜɭɯ ɤɭɥɶɬɭɪɧɵɯ ɮɟɧɨɦɟɧɨɜ ɫɨɜɪɟɦɟɧɧɨɝɨ ɢɬɚɥɶɹɧɫɤɨɝɨ ɢɫɤɭɫɫɬɜɚ ɪɢɫɭɧɤɚ ɢɡɨɛɪɚɠɚɸɳɟɝɨ ɢ ɧɚɫɥɟɞɢɹ Ɋɭɫɫɤɨɝɨ ɋɟɜɟɪɚ ɢɡɨɛɪɚɠɚɟɦɨɝɨ ɩɪɢɞɚɟɬ ɜɵɫɬɚɜɤɟ ɨɫɨɛɨɟ ɡɧɚɱɟɧɢɟɢɤɨɥɨɪɢɬ ɇɟɫɦɨɬɪɹ ɧɚ ɨɝɪɨɦɧɭɸ ɪɚɡɧɢɰɭ ɪɟɚɥɢɣ Ɋɨɫɫɢɢ ɢ ɂɬɚɥɢɢ ɦɢɪɨɜɨɫɩɪɢɹɬɢɟ ɧɚɲɢɯ ɫɬɪɚɧ ɱɚɫɬɨ ɧɟɨɠɢɞɚɧɧɵɦ ɨɛɪɚɡɨɦ ɫɨɜɩɚɞɚɟɬɉɪɨɢɡɨɲɥɨɥɢɷɬɨɜɪɚɦɤɚɯɜɵɫɬɚɜɤɢɤɚɠɞɵɣɡɪɢɬɟɥɶ ɪɟɲɚɟɬɞɥɹɫɟɛɹɫɚɦɫɬɚɧɨɜɹɫɶɱɚɫɬɶɸɩɨɜɟɞɚɧɧɨɝɨɚɜɬɨɪɚɦɢ ɩɨɜɟɫɬɜɨɜɚɧɢɹɋɟɜɟɪɚɩɨɫɬɢɝɚɹɟɝɨɡɧɚɤɢɨɛɪɚɡɵɢɦɨɦɟɧɬɵ

ɂɪɢɧɚȻɟɥɹɟɜɫɤɚɹ

ɉɪɟɞɫɟɞɚɬɟɥɶɄɊɈȾɈɛɳɟɫɬɜɨɞɪɭɠɛɵ©Ʉɚɪɟɥɢɹɂɬɚɥɢɹª

(8)

&

!"#$%&'($)*)"&+$&,'($)-.#$

-/$)&.&)#,'&&.)&0)"&)-"$1.)

&0)"&),$(('

2$()3'()+",')'")#.%&"4

!"#$%&'($)*)'5'($)

$)6'()'22'("($)7$11$)

1$)-.#$)7(8,,$

.)#.1'5$&,$)&.(5'1"4

G"#[%)2.&+,#@)(-2-;'3)22#;'&*45-%#%%"*#';'1&#$&//-' #'(&*-2#'3-$#/&2%-'&'1#22&'#W)'&',&1-$'2#,,&'#$%&%#' 3#,'RQQT'3&'K)C#*%)'L&#$%*);'EH)C'X#&45#*G'1#*'/,-' &(-4-,#a'&)(8),#;<<L,#:"#=<"

(9)

'

Ɋɢɫɨɜɚɬɶ±ɡɧɚɱɢɬɩɪɢɞɭɦɵɜɚɬɶɬɨ

ɱɟɝɨɧɟɬɧɢɧɚɧɟɛɟɧɢɧɚɡɟɦɥɟ

ɱɬɨɛɵɜɨɩɥɨɳɚɬɶɦɟɱɬɵɜɠɢɡɧɶ

Ɋɢɫɨɜɚɬɶ±ɡɧɚɱɢɬɥɸɛɢɬɶ

ɢɞɟɥɚɬɶɤɪɚɫɢɜɵɦɢ

ɭɪɨɞɥɢɜɵɟ

ɢɥɢɩɪɨɫɬɨɨɛɵɱɧɵɟɜɟɳɢ

ɆɚɷɫɬɪɨɊɆɭɠɱɢɧɵɠɟɧɳɢɧɵ ɚɪɯɢɬɟɤɬɭɪɚɥɚɧɞɲɚɮɬɵɢɦɨɪɫɤɢɟ ɩɟɣɡɚɠɢɧɚɪɢɫɨɜɚɧɧɵɟɊɨɛɟɪɬɨɆɚɷɫɬɪɨ ɪɭɱɤɨɣɢɥɢɤɚɪɚɧɞɚɲɨɦɥɟɬɨɦɝɨɞɚ Ɏɥɨɪɟɧɰɢɹ³%RE7HDFKHU´SHUJOLDPLFL ɫ

(10)
(11)

((

?%#M&2)'H#*%)44-EY#,-4-%Z'+'3-$#/2)G'

>B)2:)&')(8%#5)*#?'%33'+

P#)HOLFLWjqGLVHJQR9RUUHLFKHLOHWWRULDWWHQWLDOODPLDVWRULDH &,'(-)'3#$%-2)'%#2#$$#*)'$#(1*#'-2'(#2%#':"#$%-'3"#'M&%%)*-'4)(#' 1"2%)'3-'1&*%#2.&'3#,'(-)'()23)Q"#SO&@%(#$%47ZU= Y'%33'%&)#/+*#.%//7'(+#5)'#5'2)3('#4'#@%#+66*'3%.+#%5#+&3%('88%&)# 7(#(7+?+#4+5+#5'#37%&5%&)#*%#&)%*.`h#C#5'?)(7.+,#()*#.)4:+,#7(# ?)&+# )# :&+:&'+# )2)&/'8'+# *B+22)&?%&)# )# /)&/%&)# 5'# /+4:&)(5)&)# %*/7('#%2:)..'#5)*#:%)2%33'+#)#5)**B%&/@'.)..7&%#:)&#/+(2)&?%&()#7(%# PHPRULDVXXQSH]]RGLFDUWDFRQSRFKLVHJQLULFFKLGLVLJQL¿FDWL k7)2.%#C#7(%#:&%.'/%#5'AA72%#5%#*7(3+#.)4:+,#(+(#2+*+#.&%#3*'#%&.'2.'h# 2'#.&%..%#5'#7(#?)&+#)#:&+:&'+#3)()&)#*)..)&%&'+#5%**)#+&'3'('#4+*.+# %(.'/@)"#G'2%*),#'(A%..',#%'#.)4:'#5)'#:&'4'#?'%33'%.+&'#/@)#:%&.'?%(+# %**%#?+*.%#5'#(7+?'#+&'88+(.'#%&4%.'#5'#.%//7'(',#%/E7%&)**'#)#4%.'.),# /+(#'*#:&)/'2+#/+4:'.+#5'#.)()&)#.&%//'%#5'#*7+3@',#2'.7%8'+(',#'(/+(.&'# )#5'#.7..+#/'l#/@)#+22)&?%?%(+#57&%(.)#*)#*+&+#:)&)3&'(%8'+('"# H*#.%//7'(+#5'#?'%33'+#A7#7.'*'88%.+#5%#:'..+&'#'**72.&'#/+4)#R+7*+72)# >%7.&)/,#[%.'22),#Y%(#c+3@#)#c%737'(,#5%#2/&'..+&'#/+4)#c+).@),# 4%#%(/@)#5%#2/')(8'%.'#'**74'('2.'#+,#:'j#&)/)(.)4)(.),#5%#%&/@'.)..'# /+4)#>)#0+&672')&#+#c'+?%(('#['/@)*7//'" F)**%# 27//)22'+()# 5)**)# :%3'()# 5)'# 5'2)3('# 5'# ?'%33'+# +::7&),# +//%2'+(%*4)(.),#()**)#/%&.)#2/'+*.)#5'#7(%#/%&.)**%,#2'#&%//+(.%#7(%# 2.+&'%,#:'//+*%#+#3&%(5),#?'227.%#:)&2+(%*4)(.)h#'*#.%//7'(+#5'?')()# 7(#+33)..+#'6&'5+,#.&%#%&.)#)#*)..)&%.7&%"#

e%# %*674# 5'# %/E7)&)**'# )# 5'2)3('# %# &%//+(.+# :)&# '44%3'(',# 5%# 5'%&'+#'(.'4+#%#?)&+#)#:&+:&'+#&):+&.%3),#'*#/%&().#5'#?'%33'+#C#&'//+# 5'#2A%//)..%.7&)#)#5'#:+22'6'*'#5)/*'(%8'+('#5%#)2:*+&%&)"#

H# ?'%33'# '(# 0%&)*'%# &%//+(.%.'# 5%# 5'2)3('# &)%*'88%.'# '(# (74)&+2)# +//%2'+(',#'#/')*'#(+&5'/'#)#*)#%&/@'.)..7&)#'(#.&+(/@'#5'#*)3(+,#%22%'# 2'4'*'#%#E7)**)#5)**)#?%**'#%*:'()#'.%*'%(),#&')4:'+(+#E7)2.)#:%3'()# &':&+57/)(5+,#/'%2/7(+,#7(#4+4)(.+#'*#/7'#?'?'5+#&'/+&5+#C#2)4:&)# :)&#4)#:&)2)(.)"

(12)

(!

9')2$(-$:".&$

>B)2:)&')(8%# 5)**%# &)%*.`# @%# 7(# /%&%..)&)# 2+33)..'?+# /@)# 5':)(5)# 2.&)..%4)(.)#5%**%#:2'/@)#5)*#5'2)3(%.+&)#/@)#:+()#'(#%..+#2.&%.)3')# 5'AA)&)(.'#:)&#/+2.&7'&)#*%#/+(+2/)(8%#5)*#A)(+4)(+#+22)&?%.+h#C# '4:+&.%(.)# 2+AA)&4%&2'# 27**)# 4).+5+*+3')# /+(# /7'# *B+22)&?%.+&)# VSHULPHQWD OD UHDOWj ¿VLFD SHU FRPSUHQGHUH H GRPLQDUH %5)37%.%4)(.)# '# 4)//%('24'# /@)# ()# 3+?)&(%(+# *)# A+&4)h# %(/@)# E7)**'#%::%&)(.)4)(.)#:'j#2)4:*'/'#)#(%.7&%*'#/@)#5).)&4'(%(+#3*'# %2:)..'#5)**%#&)*%8'+()#/@),#'(#E7)*#5).)&4'(%.+#'2.%(.),#2'#'(2.%7&%# A&%#'*#5'2)3(%.+&)#)5#'*#:%)2%33'+#&)%*)#/@)#?')()#+22)&?%.+;"' H#:&'4'#2.&74)(.'#5'#&'*)?%8'+()#5)**)#2)(2%8'+('#/@)#7(#:%)2%33'+# /'#.&%24)..)#2+(+#'#/+2'55)..'#P/'(E7)#2)(2'Q1#:&'(/':%*4)(.)#?'2.%,# SRLWDWWRXGLWRHGRGRUDWRFLPHWWRQR¿VLRORJLFDPHQWHLQJUDGRGL 2:)&'4)(.%&)#*+#2:%8'+#'(#.7..)#*)#27)#5'4)(2'+('"# H*#A%..+&)#4+?'4)(.+#%33'7(3)#7*.)&'+&'#:+22'6'*'.`#5'#)2.)(2'+()# 5)**%# /+(+2/)(8%# A+&()(5+# 5%.'# :)&# *B'(.)&:&).%8'+()# 5)**%# 5'4)(2'+()# 2:%8'+9.)4:+&%*)"# F)*# 4+?'4)(.+# )# ()**)# 4+5%*'.`# 5'#4)22%#'(#%..+#5'#.%*)#:&+/)22+#(%.7&%*)#)2'2.+(+#4)//%('24'#5'# .)*)&'*)?%4)(.+#/@)#?)(3+(+#%..'?%.'#'(#4%(')&%#%7.+4%.'/%#:)&#*)# ¿QDOLWjVWHVVHGLTXHVWDVSHFL¿FDDWWLYLWjFRRUGLQDPHQWRPRWRULR +&')(.%4)(.+# 2:%8'%*),# ?)*+/'.`,# .)4:'# 5'# :)&/+&&)(8%,# %..'?'.`# )# :%72),#@%((+#()/)22%&'%4)(.)#6'2+3(+#5'#2'2.)4'#5'#?%*7.%8'+()#5'# WHPSLGLGDWLVSD]LDOLHTXDQW¶DOWURRFFRUUDDO¿QHGLSRUUHLQDWWR 2.&%.)3')#:)&#*%#2+55'2A%/)(.)#&'72/'.%#5)**B+:)&%8'+()" 0+2g,#/+(#'*#4+?'4)(.+,#3*'#+//@'#&')2/+(+#%#37'5%&)#'*#/+&:+#)5# %# ?%*7.%&)# .)*)4).&'/%4)(.)# *)# 5'2.%(8),# 4)5'%(.)# *%# :&+/)57&%# 5)**B%//+4+5%4)(.+# 5)3*'# %22'# ?'2'?',# /@),# /+(?)&3)(5+# 27# 5'# XQ VRJJHWWR VSHFL¿FR IRUQLVFRQR DO FHUYHOOR JOL HOHPHQWL SHU OD ?%*7.%8'+()#5)**)#5'2.%(8)"#

H*#.%..+,#.&%4'.)#'*#4+.+,#:)&4)..)#5'#?%*7.%&)#E7%*'.`#)#/%&%..)&'2.'/@)# GHOOHVXSHU¿FLPDDQFKHFRQVLVWHQ]DHWHPSHUDWXUHGHLPDWHULDOL :)&4)..)# 5'# /%:'&)# :+2'8'+('# ()**+# 2:%8'+,# 5'# ?%*7.%&)# 2:)22+&'# )# 5'2.%(8)# %(/@)# 4'/&+4).&'/@),# 5'# 5).)&4'(%&)# *%# /+4:+2'8'+()# GHOOHVXSHU¿FLHGHJOLHOHPHQWL/DFRPSUHQVLRQHGLFRPHTXHVWL %2:)..',#*)3%.'#%**B'2.'(.'?'.`#5)**)#%..'?'.`#:)&/)..'?),#/+(5'8'+('(+# '*# (+2.&+# :&+/)22+# /+3('.'?+# C# A+(5%4)(.%*)# :)&# /+4:&)(5)&)# '# :&+/)22'# )# *)# 2.&%.)3')# /@)# :+('%4+# '(# %..+# :)&# &%33'7(3)&)# /+(# VXFFHVVRLO¿QHSUHYHQWLYDWR

R7..+# E7)2.+# /+(.&'67'2/)# %# &)3'2.&%&)# )5# )*%6+&%&)# E7)**+# /@)# ()**%# 4'%# 4)(.)# %5# 7(# /)&.+# :7(.+# :&)(5)# A+&4%h# %??')()# 7(%# VRUWDGLSUH¿JXUD]LRQHGHOGLVHJQRSULPDFKHVLFRQFUHWL]]LFRPH '44%3'(),#:&'4%#/@)#'#.&%..'#5'#:)((%#+#4%.'.%#2'#'4:&'4%(+#2+:&%##

(13)

(" '*#A+3*'+#6'%(/+"#

P!"&23)'"2'&*45-%#%%)'3-$#/2&'4)("2-4&'-,'$")'()23)'-2%#*-)*#8'

A&,,&' $"&' (&%-%&' 1)$$-&()' &$1#%%&*4-' "2' 1*)/#%%);' "20' -3#&' &$%*&%%&;' (&' &245#' "2' $)/2);' "2&' -2%#*1*#%&.-)2#' 3#,,&' *#&,%Z' )' XQDJUDI¿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

>%# /+(+2/)(8%# 5)**)# /%&%..)&'2.'/@)# )# 5)'# 4)//%('24'# 5)**B%::&)(5'4)(.+# )# 5)**%# A+&4%8'+()# 5)**%# 4)4+&'%# C# 7(+# VWXGLRFKHVWDDYHQGRQXPHURVLSURJUHVVLQHOODULFHUFDVFLHQWL¿FD 6'+4)5'/%#%..7%*)h#E7)2.)#&'/)&/@)#'(5%3%(+#'#:&+/)22'#%..&%?)&2+#'# TXDOLVLIRUPDODFRQRVFHQ]DHVRQRGLJUDQGHDLXWRQHOORVSHFL¿FR /%4:+#5)**%#2/')(8%#5)**%#&%::&)2)(.%8'+(),#:)&#*%#/+4:&)(2'+()#

(14)

(#

5)'# 2'2.)4'# 5'# 2)3('# +# 5)'# *'(37%33'# /@)# :+.&%((+# &'27*.%&)# 4%33'+&4)(.)#'5+()'#%**%#.&%24'22'+()#)5#%**B'(.)&:&).%8'+()#5)*# (+2.&+#*%?+&+#5'#'(5%3'()#)#5+/74)(.%8'+()#5)**B%46')(.)#)#5)*# :%)2%33'+L"

R7..'# 2:)&'4)(.'%4+# /+4)# *%# (+2.&%# 4)4+&'%# 2'%# 2)*)..'?%,# (+(# &)3'2.&%# %5# )2)4:'+# %(%*'.'/%4)(.)# .7..+# E7%(.+# ?)5'%4+# /+(27).%4)(.),#4%#2+*.%(.+#%*/7('#%2:)..'#/@),#)5#)2)4:'+,#2+(+# 7.'*'#%**%#A+&4%8'+()#5'#7(#5).)&4'(%.+#&'/+&5+"# b2'2.+(+#'(A%..'#(74)&+2'#A)(+4)('#/@)#/+4:+(3+(+#*%#&)%*.`#/@)# /'#/'&/+(5%#)#/@)#2.%((+#2+..+#'#(+2.&'#+//@'#.7..'#'#3'+&(',#4%#/@)#(+(# )(.&%(+#%#*'?)**+#/+2/')(.)#()**%#A+&4%8'+()#5)*#:%.&'4+('+#5)**%# (+2.&%# 4)4+&'%h# %*.&',# '(?)/),# %'# E7%*'# /+(.'(7%4)(.)# A%//'%4+# &'A)&'4)(.+#()**+#2?+*3'4)(.+#5)**%#?'.%#E7+.'5'%(%,#)(.&%(+#2+*+# A73%/)4)(.)# +# :%&8'%*4)(.)# ()**%# (+2.&%# 4)4+&'%"#X5# )2)4:'+# /+4:'%4+#4)//%('/%4)(.)#/)&.'#:)&/+&2'#5'#.7..'#'#3'+&('#4%#(+(# VDSUHPPRGH¿QLUHRDQFRUDPHQRGLVHJQDUHRUDSSUHVHQWDUHQHO GHWWDJOLRWXWWLJOLHGL¿FLRJOLDPELHQWLFKHDWWUDYHUVLDPRWXWWDYLD /+(+2/'%4+#%**%#:)&A)8'+()#'*#:)&/+&2+#)#*+#:+22'%4+#&':&+57&&)# E7%2'#4)//%('/%4)(.)#.7..'#'#3'+&(',#%(/@)#2)(8%#:)(2%&/'"# H(A%..'# 2:)22+# 5'2)3(%&)# +# &%::&)2)(.%&)# E7)2.'# *7+3@'# /+47(',# +::7&)#&':&+57&&)#5)..%3*'%.%4)(.)#)*)4)(.'#/@)#2+(+#.7..'#'#3'+&('# VRWWRLQRVWULRFFKLFLSRQHLQXQDFRQGL]LRQHGLDVVROXWDGLI¿FROWj (+(# &'72/'%4+# '(A%..'# %# :&+57&&)# 7(%# 2'(.)2'# +# 7(%# )*%6+&%8'+()# 5)..%3*'%.%# 5'# E7)**)# /@)# 2+(+# *)# )2:)&')(8)# A+&2)# :'j# 6%(%*'# )# &':).'.'?)#5)**%#(+2.&%#?'.%#E7+.'5'%(%"

/DFRQRVFHQ]DDQFKHVXSHU¿FLDOHGHLPHFFDQLVPLHGHOOHVWUDWHJLH /@)# *%# (+2.&%# 4)(.)# :+()# '(# %..+# :)&# /+2.&7'&)# )5# +&3%('88%&)# '# 5%.'# /@)# :+22+(+# :)&4%()&)# ()**%# (+2.&%# 4)4+&'%,# .)2.%&)# )# 2:)&'4)(.%&)# *%# *'4'.%.)88%# 5'# /'l# /@)# &'4%()# 5+/74)(.%.+# )# ¿QRDFKHJUDGRGLGH¿QL]LRQHqXQDFRQGL]LRQHHVVHQ]LDOHSHU SRWHU VXFFHVVLYDPHQWH GH¿QLUH OH QRVWUH SHUVRQDOL VWUDWHJLH HG L 4).+5'#5'#&)%*'88%8'+()#5)'#5'2)3('#5'#?'%33'+#)#5)3*'#2/@'88'#/@)# DFFRPSDJQDQROHQRVWUHULÀHVVLRQL

(¶ LPSRUWDQWH YHUL¿FDUH LO UXROR QRQ VHFRQGDULR GHOOD PHPRULD )# *B'4:%..+# /@)# E7)2.%# :&+57/),# %5# )2)4:'+# 27**%# /%:%/'.`# 5'# &%::&)2)(.%8'+()# 5'# A)(+4)('# /@)# /'%2/7(+# &'.')()# %(/@)# 5'# /+(+2/)&)# 6)()h# 2'# &'2/+(.&)&`# 2+?)(.)# *%# 2/%&2'.`# 5)'# 5)..%3*'# %# GLVSRVL]LRQH UHODWLYDPHQWH DOOD UDSSUHVHQWD]LRQH VSHFL¿FD GL 2+33)..'#(+(#%6'.7%*'"#!:)22+#%//%5)#/@)#2'#2+::)&'2/%#%**%#/%&)(8%# GHOODPHPRULDGLGHWWDJOLRXWLOL]]DQGRDUFKHWLSLJUD¿FLHODERUDWL ¿QR GDOOH SULPH IDVL GHOOD QRVWUD HVSHULHQ]D GL GLVHJQDWRUL FKH

(15)

(*

VYLOXSSDQR SURFHVVL GL HI¿FLHQ]D GHOOD PHPRULD VWHVVD H FUHDQR RFFDVLRQL VSHFL¿FKH SHU XOWHULRUL DSSURIRQGLPHQWL GHL GDWL GL 2'(.)2'#7(%#?+*.%#/@)#E7)2.'#?)(3+(+#/+2g#%/E7'2'.'#)5#)*%6+&%.'" -'2+3(%#E7'(5'#2%:)&#.)()&)#2+..+#/+(.&+**+#*)#/%:%/'.`#5'#2'(.)2',# %/E7'2'8'+()#)5#)*%6+&%8'+()#5)'#5%.'#%#5'2:+2'8'+()#5)**%#4)4+&'%,# :)&#(+(#2+:&%?%*7.%&)#+#2+..+?%*7.%&)#'*#&7+*+#/@)#E7)2.%#%..'?'.`# 5)**B'(.)**)..+#2?+*3)#4)(.&)#2'#5'2)3(%#7(#5).)&4'(%.+#2+33)..+,# 2:)/'%*4)(.)#E7%(5+#2'#+:)&%#'(#A&)..%,#)#(+(#2'#@%#4+5+#5'#2+2.%&)# :)&#'*#.)4:+#()/)22%&'+#%*#/+4:*).%4)(.+#5)*#5'2)3(+,#:&)2'#5%*# .)4:+#*'4'.%.+#)#5%**)#)2'3)(8)#5)**B'.'()&%&'+#+#5)'#/+4:%3('#5'# ?'%33'+"# /(61 =###O&@%(#$%47Z,#H*#4'+#(+4)#C#G+22+,#b'(%75',#R+&'(+,#;<<=,#:"#ML" ;###E92'"2&'-3#&,#'$%)*-&'$"-'\\1#*4)*$-'3#,,&'(#2%#]];'$-'1"^'$1&.-&*#' FRVuGDOOHWHRULHORFDOL]]LRQLVWHDOO¶DSSURFFLRQHXUR¿VLRORJLFR FKHYHGH IUDLVXRLHVSRQHQWLSLDXWRUHYROL/DPEHUWR0DIIHLH6HPLU=HN\ ¿QRDL ()3#,,-'(#2%&,-'3-'N5-,-1'_)2$5)2'`&-*38'6)2-"/&23)':"-23-',#'*&/-)2-' 3#,,&'(#2%#'4)2':"#,,#'3#,,&'7-$-)2#'(-'$#2%)'3-'$)$%#2#*#'45#'\\4#*4)' 1#*45a'7#3)b'7#3)'1#*45a'$)]]G;'#X"#[%&+..%,#N#*4)*$-'7-$-7-;'1#*4)*$-' 3#,,&' (#2%#,# '(# 0"# c%46%&5)**%,# !"# [%&.72/)**+,# S%# /7&%# 5'U,# `#' 7-#' 3#-' L#*4&2%-8'A-$#/2)'4)(#'%)1),)/-&'3#,,&'(#2%#8'G)*%8'+('#%*#.)&8+#A+&74#

LQWHUQD]LRQDOHGLVWXGL&DSUL±*LXJQR)LUHQ]HS

M###b"#[%(5)**',#N#*'-'3-$#/2-'3-'K)C#*%)'L&#$%*),#'(#G"#[%)2.&+,#/'.,#:"#M" N###O&@%(#$%47Z;'9,'(-)'2)(#'+'K)$$),#b'(%75',#R+&'(+,#;<<=,#:"#KM"

(16)

($ L###0A&"#c"#-%.)2+(,#?%#1$'%)'&2'<4),)/J')M'L-23;'!%(#a&%(/'2/+,#0@%(5*)&# $&)22,#,#=IJ;h#c"#-%.)2+(,#L-23'&23'c&%"*#8'd'c#4#$$&*J'@2-%;'e7..+(,# F)V#m+&Z"#=IJIh#F"#n74:@&)\,#@2&'$%)*-&'3#,,&'(#2%#;'R+&'(+,#=IIKh# o"#o"#c'(2+(#,#@2'&11*)44-)'#4),)/-4)'&,,&'1#*4#.-)2#'7-$-7&;'-+*+3(%,# =III" # #

(17)

(%

ɋɬɟɮɚɧɨȻɟɪɬɨɱɱɢ

ɋɱɚɫɬɶɟ±ɷɬɨɪɢɫɭɧɨɤ

Ɉɩɵɬɩɭɬɟɲɟɫɬɜɢɣ

©ɋɱɚɫɬɶɟ ± ɷɬɨ ɪɢɫɭɧɨɤ ə ɯɨɬɟɥ ɛɵ ɱɬɨɛɵ ɱɢɬɚɬɟɥɢ ɜɧɢɦɚɬɟɥɶɧɵɟɤɦɨɟɣɢɫɬɨɪɢɢɢɦɨɟɣɫɭɞɶɛɟɜɫɟɝɞɚɩɨɦɧɢɥɢ ɨɛɷɬɢɯɞɜɭɯɮɚɤɬɨɪɚɯɤɚɤɨɛɨɬɩɪɚɜɧɵɯɬɨɱɤɚɯɦɨɟɝɨɦɢɪɚª=# Ɉɪɯɚɧɉɚɦɭɤ ɉɭɬɟɲɟɫɬɜɢɹɫɛɥɨɤɧɨɬɨɦɞɥɹɡɚɪɢɫɨɜɨɤɜɤɚɪɦɚɧɟɡɚɫɬɚɜɢɥɢ ɦɟɧɹɩɨɦɟɧɹɬɶɫɩɨɫɨɛɜɨɫɩɪɢɹɬɢɹɪɟɚɥɶɧɨɫɬɢɋɨɜɪɟɦɟɧɟɦɹ ɩɪɢɜɵɤɨɛɪɚɳɚɬɶɜɧɢɦɚɧɢɟɧɚɪɚɡɥɢɱɧɵɟɚɫɩɟɤɬɵɥɚɧɞɲɚɮɬɚ ɢɚɪɯɢɬɟɤɬɭɪɵɢɚɧɚɥɢɡɢɪɨɜɚɬɶɢɯɱɬɨɛɵɡɚɬɟɦɫɩɨɦɨɳɶɸ ɧɟɫɤɨɥɶɤɢɯ ɩɨɥɧɵɯ ɡɧɚɱɟɧɢɹ ɫɢɦɜɨɥɨɜ ɫɨɯɪɚɧɹɬɶ ɩɚɦɹɬɶ ɨ ɧɢɯɧɚɛɭɦɚɝɟ ɗɬɨɬɞɚɥɟɤɨɧɟɧɨɜɵɣɦɟɬɨɞɪɚɫɩɪɨɫɬɪɚɧɟɧɧɟɬɨɥɶɤɨɫɪɟɞɢ ɯɭɞɨɠɧɢɤɨɜ Ɋɟɱɶ ɢɞɟɬ ɨ ɫɚɦɨɦ ɧɚɫɬɨɹɳɟɦ ɥɢɬɟɪɚɬɭɪɧɨɦ ɠɚɧɪɟ ɜɨɡɧɢɤɲɟɦ ɨɱɟɧɶ ɞɚɜɧɨ ɜɨ ɜɪɟɦɟɧɚ ɩɟɪɜɵɯ ɩɭɬɟɲɟɫɬɜɟɧɧɢɤɨɜ ɤɨɬɨɪɵɟ ɨɬɩɪɚɜɥɹɥɢɫɶ ɤ ɧɨɜɵɦ ɝɨɪɢɡɨɧɬɚɦ ɜɨɨɪɭɠɢɜɲɢɫɶ ɛɥɨɤɧɨɬɚɦɢ ɤɚɪɚɧɞɚɲɚɦɢ ɢ ɚɤɜɚɪɟɥɶɧɵɦɢ ɤɪɚɫɤɚɦɢ ɫ ɰɟɥɶɸ ɨɩɢɫɵɜɚɬɶ ɢ ɢɡɨɛɪɚɠɚɬɶ ɦɟɫɬɚɫɢɬɭɚɰɢɢɜɫɬɪɟɱɢɢɜɫɟɱɬɨɜɫɬɪɟɱɚɥɨɫɶɢɦɧɚɩɭɬɢ Ȼɥɨɤɧɨɬɨɦ ɞɥɹ ɩɭɬɟɜɵɯ ɡɚɪɢɫɨɜɨɤ ɩɨɥɶɡɨɜɚɥɢɫɶ ɦɧɨɝɢɟ ɡɧɚɦɟɧɢɬɵɟ ɯɭɞɨɠɧɢɤɢ  Ɍɭɥɭɡ Ʌɨɬɪɟɤ Ɇɚɬɢɫɫ ȼɚɧ Ƚɨɝ ɢ Ƚɨɝɟɧɩɢɫɚɬɟɥɢ±Ƚɟɬɟɭɱɟɧɵɟɢɥɥɸɦɢɧɢɫɬɵɢɚɪɯɢɬɟɤɬɨɪɵ ɬɚɤɢɟ ɤɚɤ ɫɨɜɪɟɦɟɧɧɵɟ ɧɚɦ Ʌɟ Ʉɨɪɛɸɡɶɟ ɢ Ⱦɠɨɜɚɧɧɢ Ɇɢɤɟɥɭɱɱɢ ɋɬɪɚɧɢɰɵɛɥɨɤɧɨɬɚɚɢɧɨɝɞɚɢɡɚɪɢɫɨɜɤɢɧɚɪɚɡɛɪɨɫɚɧɧɵɯ ɥɢɫɬɚɯɪɚɫɫɤɚɡɵɜɚɸɬɧɚɦɢɫɬɨɪɢɸɞɥɢɧɧɭɸɢɥɢɤɨɪɨɬɤɭɸ ɧɨɜɫɟɝɞɚɩɪɨɠɢɬɭɸɥɢɱɧɨɉɭɬɟɜɨɣɚɥɶɛɨɦɬɚɤɢɦɨɛɪɚɡɨɦ ɫɬɚɧɨɜɢɬɫɹɫɛɨɪɧɢɤɨɦɨɛɴɟɞɢɧɹɸɳɢɦɜɫɟɛɟɢɡɨɛɪɚɡɢɬɟɥɶɧɨɟ ɢɫɤɭɫɫɬɜɨ ɢ ɥɢɬɟɪɚɬɭɪɭ ɢ ɦɨɠɟɬ ɜɨɫɩɪɢɧɢɦɚɬɶɫɹ ɫ ɫɚɦɵɯ ɪɚɡɧɵɯ ɬɨɱɟɤ ɡɪɟɧɢɹ ɨɬ ɫɨɛɪɚɧɢɹ ɚɤɜɚɪɟɥɟɣ ɢ ɝɪɚɮɢɤɢ ɞɨ ɪɢɫɨɜɚɧɧɨɣɢɫɬɨɪɢɢɨɬɝɥɭɛɨɤɨɥɢɱɧɨɝɨɞɧɟɜɧɢɤɚɞɨɫɚɦɨɝɨ ɧɚɫɬɨɹɳɟɝɨɪɟɩɨɪɬɚɠɚ Ɋɢɫɭɧɤɢɪɚɫɫɤɚɡɵ ɨ ɩɭɬɟɲɟɫɬɜɢɹɯ ɜ Ʉɚɪɟɥɢɸ ɫɟɜɟɪɧɵɯ ɧɟɛɟɫɚɯ ɢ ɛɪɟɜɟɧɱɚɬɨɣ ɚɪɯɢɬɟɤɬɭɪɟ ɱɟɦɬɨ ɧɚɩɨɦɢɧɚɸɳɟɣ ɡɨɞɱɟɫɬɜɨɞɨɥɢɧɢɬɚɥɶɹɧɫɤɢɯȺɥɶɩɧɚɩɨɥɧɹɸɬɷɬɢɫɬɪɚɧɢɰɵ ɢ ɜɨɫɩɪɨɢɡɜɨɞɹɬ ɦɨɦɟɧɬɵ ɹɪɤɢɟ ɜɨɫɩɨɦɢɧɚɧɢɹ ɨ ɤɨɬɨɪɵɯ ɧɚɜɫɟɝɞɚɨɫɬɚɧɭɬɫɹɜɦɨɟɣɩɚɦɹɬɢ ȼɨɫɩɪɢɹɬɢɟ ȼɨɫɩɪɢɹɬɢɟ ɪɟɚɥɶɧɨɫɬɢ ɢɦɟɟɬ ɫɭɛɴɟɤɬɢɜɧɵɣ ɯɚɪɚɤɬɟɪ ɤɨɬɨɪɵɣ ɡɚɜɢɫɢɬ ɨɬ ɩɫɢɯɢɤɢ ɯɭɞɨɠɧɢɤɚ ɜɵɛɢɪɚɸɳɟɝɨ ɪɚɡɥɢɱɧɵɟ ɫɬɪɚɬɟɝɢɢ ɩɨɡɧɚɧɢɹ ɧɚɛɥɸɞɚɟɦɨɝɨ ɨɛɴɟɤɬɚ Ɉɫɬɚɧɨɜɢɦɫɹ ɧɚ ɦɟɬɨɞɚɯ ɫ ɩɨɦɨɳɶɸ ɤɨɬɨɪɵɯ ɧɚɛɥɸɞɚɬɟɥɶ ɢɫɫɥɟɞɭɟɬɮɢɡɢɱɟɫɤɭɸɪɟɚɥɶɧɨɫɬɶɢɩɪɢɯɨɞɢɬɤɩɨɧɢɦɚɧɢɸ ɦɟɯɚɧɢɡɦɨɜ ɮɨɪɦɵ ɢ ɚɞɟɤɜɚɬɧɨɦɭ ɢɯ ɢɫɩɨɥɶɡɨɜɚɧɢɸ Ɋɟɱɶ ɢɞɟɬ ɞɚɠɟ ɨ ɫɚɦɵɯ ɩɪɨɫɬɵɯ ɢ ɟɫɬɟɫɬɜɟɧɧɵɯ ɩɪɨɰɟɫɫɚɯ ɡɚ ɫɱɟɬ ɤɨɬɨɪɵɯ ɜ ɨɩɪɟɞɟɥɟɧɧɵɣ ɦɨɦɟɧɬ ɮɨɪɦɢɪɭɟɬɫɹ ɫɜɹɡɶ ɦɟɠɞɭɯɭɞɨɠɧɢɤɨɦɢɧɚɛɥɸɞɚɟɦɵɦɢɦɩɟɣɡɚɠɟɦ; ɉɟɪɜɵɦɢ ɢɧɫɬɪɭɦɟɧɬɚɦɢ ɨɳɭɳɟɧɢɣ ɩɟɪɟɞɚɜɚɟɦɵɯ ɧɚɦ ɥɚɧɞɲɚɮɬɨɦ ɹɜɥɹɸɬɫɹ ɬɚɤ ɧɚɡɵɜɚɟɦɵɟ ©ɩɹɬɶ ɱɭɜɫɬɜª ɝɥɚɜɧɵɦ ɨɛɪɚɡɨɦ ɡɪɟɧɢɟ ɡɚɬɟɦ ɨɫɹɡɚɧɢɟ ɫɥɭɯ ɢ ɨɛɨɧɹɧɢɟ ɨɛɟɫɩɟɱɢɜɚɸɳɢɟ ɮɢɡɢɨɥɨɝɢɱɟɫɤɭɸ ɜɨɡɦɨɠɧɨɫɬɶ ɩɨɡɧɚɧɢɹ ɩɪɨɫɬɪɚɧɫɬɜɚɜɨɜɫɟɯɟɝɨɩɪɨɹɜɥɟɧɢɹɯ Ɏɚɤɬɨɪ ɞɜɢɠɟɧɢɹ ɨɬɤɪɵɜɚɟɬ ɞɨɩɨɥɧɢɬɟɥɶɧɵɟ ɝɨɪɢɡɨɧɬɵ ɩɨɡɧɚɧɢɹ ɩɪɟɞɨɫɬɚɜɥɹɹ ɜɨɡɦɨɠɧɨɫɬɶ ɢɧɬɟɪɩɪɟɬɚɰɢɢ ɩɪɨɫɬɪɚɧɫɬɜɟɧɧɨɜɪɟɦɟɧɧɨɝɨ ɢɡɦɟɪɟɧɢɹ ȼ ɬɚɤɨɦ ɟɫɬɟɫɬɜɟɧɧɨɦɩɪɨɰɟɫɫɟɤɚɤɞɜɢɠɟɧɢɟɫɭɳɟɫɬɜɭɸɬɦɟɯɚɧɢɡɦɵ ©ɨɛɫɥɟɞɨɜɚɧɢɹ ɧɚ ɪɚɫɫɬɨɹɧɢɢª ɤɨɬɨɪɵɟ ɚɜɬɨɦɚɬɢɱɟɫɤɢ ɚɤɬɢɜɢɪɭɸɬɫɹ ɩɪɢ ɜɵɩɨɥɧɟɧɢɢ ɷɬɨɝɨ ɜɢɞɚ ɞɟɹɬɟɥɶɧɨɫɬɢ Ɇɨɬɨɪɧɚɹɤɨɨɪɞɢɧɚɰɢɹɨɪɢɟɧɬɚɰɢɹɜɩɪɨɫɬɪɚɧɫɬɜɟɫɤɨɪɨɫɬɶ ɜɪɟɦɹɩɟɪɟɞɜɢɠɟɧɢɹɞɟɹɬɟɥɶɧɨɫɬɶɢɩɟɪɟɪɵɜɵɜɧɟɣ±ɜɫɟɷɬɢ ɩɪɨɰɟɫɫɵ ɞɥɹ ɨɛɟɫɩɟɱɟɧɢɹ ɭɞɨɜɥɟɬɜɨɪɢɬɟɥɶɧɨɝɨ ɪɟɡɭɥɶɬɚɬɚ ɨɩɟɪɚɰɢɢ ɧɭɠɞɚɸɬɫɹ ɜ ɫɢɫɬɟɦɚɯ ɨɰɟɧɤɢ ɜɪɟɦɟɧɧɵɯ ɢ ɩɪɨɫɬɪɚɧɫɬɜɟɧɧɵɯɞɚɧɧɵɯɢɧɟɬɨɥɶɤɨɢɯ Ɍɚɤ ɩɨɫɪɟɞɫɬɜɨɦ ɡɪɟɧɢɹ ɨɫɭɳɟɫɬɜɥɹɟɬɫɹ ɭɩɪɚɜɥɟɧɢɟ ɞɜɢɠɟɧɢɹɦɢɬɟɥɚɢɨɰɟɧɤɚɪɚɫɫɬɨɹɧɢɣɢɫɯɨɞɧɵɟɞɚɧɧɵɟɞɥɹ ɤɨɬɨɪɨɣ ɱɟɥɨɜɟɱɟɫɤɢɣ ɦɨɡɝ ɩɨɥɭɱɚɟɬ ɡɚ ɫɱɟɬ ɚɤɤɨɦɨɞɚɰɢɢ ɡɪɢɬɟɥɶɧɵɯɨɫɟɣɫɯɨɞɹɳɢɯɫɹɧɚɤɨɧɤɪɟɬɧɨɦɨɛɴɟɤɬɟ Ɉɫɹɡɚɧɢɟ ɜ ɞɜɢɠɟɧɢɢ ɩɨɡɜɨɥɹɟɬ ɩɨɧɹɬɶ ɯɚɪɚɤɬɟɪɢɫɬɢɤɢ ɩɨɜɟɪɯɧɨɫɬɟɣ ɬɜɟɪɞɨɫɬɶ ɢ ɬɟɦɩɟɪɚɬɭɪɭ ɦɚɬɟɪɢɚɥɨɜ ɪɚɫɩɨɥɨɠɟɧɢɟɨɛɴɟɤɬɨɜɜɩɪɨɫɬɪɚɧɫɬɜɟɨɰɟɧɢɬɶɞɚɠɟɫɚɦɵɟ ɦɟɥɤɢɟɢɯɪɚɡɦɟɪɵɢɨɩɪɟɞɟɥɢɬɶɤɨɦɩɨɡɢɰɢɸɷɥɟɦɟɧɬɨɜ Ⱦɥɹɬɨɝɨɱɬɨɛɵɩɪɢɦɟɧɹɬɶɫɬɪɚɬɟɝɢɢɭɫɩɟɲɧɨɝɨɞɨɫɬɢɠɟɧɢɹ ɩɨɫɬɚɜɥɟɧɧɨɣɰɟɥɢɧɟɨɛɯɨɞɢɦɨɩɨɧɢɦɚɬɶɱɬɨɧɚɲɩɪɨɰɟɫɫ ɩɨɡɧɚɧɢɹ ɨɛɭɫɥɨɜɥɟɧ ɢɧɫɬɢɧɤɬɢɜɧɨɫɬɶɸ ɩɪɨɰɟɫɫɨɜ

(18)

(& ɜɨɫɩɪɢɹɬɢɹ Ʉɨɧɟɱɧɨɜɫɟɷɬɨɨɩɪɟɞɟɥɹɟɬɷɬɚɩɵɫɨɡɞɚɧɢɹɬɨɝɨɱɬɨɩɨɡɠɟ ɨɛɪɟɬɟɬɮɨɪɦɭɧɚɛɭɦɚɝɟɟɳɟɞɨɬɨɝɨɤɚɤɪɭɱɤɚɢɥɢɤɚɪɚɧɞɚɲ ɤɨɫɧɭɬɫɹ ɥɢɫɬɚ ɩɪɨɢɫɯɨɞɢɬ ɫɜɨɟɝɨ ɪɨɞɚ ©ɜɨɨɛɪɚɠɟɧɢɟª ɪɢɫɭɧɤɚ ³Ʉɨɝɞɚ ɚɪɯɢɬɟɤɬɨɪ ɪɢɫɭɟɬ ɨɧ ɩɟɪɟɞɚɟɬ ɫɜɨɣ ɜɧɭɬɪɟɧɧɢɣɦɢɪɈɬɟɝɨɤɚɪɚɧɞɚɲɚɦɵɦɨɠɟɦɨɠɢɞɚɬɶɩɪɨɟɤɬ ɢɥɢ ɚɛɫɬɪɚɤɬɧɭɸ ɢɞɟɸ ɧɨ ɬɚɤɠɟ ɢ ɦɟɱɬɭ ɢɧɬɟɪɩɪɟɬɚɰɢɸ ɪɟɚɥɶɧɨɫɬɢɢɥɢɟɞɤɭɸɢɪɨɧɢɸ´M ɉɚɦɹɬɶ Ɉɞɢɧɢɡɩɪɢɞɜɨɪɧɵɯɦɢɧɢɚɬɸɪɢɫɬɨɜɫɬɚɦɛɭɥɶɫɤɨɝɨɫɭɥɬɚɧɚɜ ɪɨɦɚɧɟɈɪɯɚɧɚɉɚɦɭɤɚɭɬɜɟɪɠɞɚɟɬ³Ⱦɚɹɫɥɟɩ«ɧɨɜɝɨɥɨɜɟ ɭɦɟɧɹɜɫɟɱɭɞɟɫɚɤɧɢɝɢɤɨɬɨɪɭɸɹɢɥɥɸɫɬɪɢɪɨɜɚɥɩɨɫɥɟɞɧɢɟ ɨɞɢɧɧɚɞɰɚɬɶɥɟɬəɩɨɦɧɸɤɚɠɞɨɟɞɜɢɠɟɧɢɟɩɟɪɚɢɤɢɫɬɢɢ ɪɭɤɚɦɨɹɦɨɠɟɬɪɢɫɨɜɚɬɶɩɨɩɚɦɹɬɢɞɚɠɟɟɫɥɢɹɧɟɜɢɠɭªN ɉɨɧɢɦɚɧɢɟ ɜɚɠɧɨɫɬɢ ɪɚɡɥɢɱɧɵɯ ɯɚɪɚɤɬɟɪɢɫɬɢɤ ɩɚɦɹɬɢ ɩɪɟɠɞɟ ɜɫɟɝɨ ɡɪɢɬɟɥɶɧɨɣ ɧɟɨɛɯɨɞɢɦɨ ɞɥɹ ɩɨɡɧɚɧɢɹ ɦɟɯɚɧɢɡɦɨɜ ɮɨɪɦɢɪɨɜɚɧɢɹ ɦɧɟɦɨɧɢɱɟɫɤɨɝɨ ɛɚɝɚɠɚ ɢ ɟɝɨ ɡɧɚɱɟɧɢɹɞɥɹɯɭɞɨɠɧɢɤɚ ȼ ɧɚɫɬɨɹɳɟɟ ɜɪɟɦɹ ɢɧɬɟɧɫɢɜɧɨ ɪɚɡɜɢɜɚɟɬɫɹ ɨɛɥɚɫɬɶ ɛɢɨɦɟɞɢɰɢɧɫɤɢɯɢɫɫɥɟɞɨɜɚɧɢɣɢɡɭɱɚɸɳɢɯɯɚɪɚɤɬɟɪɢɫɬɢɤɢɢ ɦɟɯɚɧɢɡɦɵɨɛɭɱɟɧɢɹɢɩɚɦɹɬɢɌɚɤɢɟɢɫɫɥɟɞɨɜɚɧɢɹɩɪɨɥɢɜɚɸɬ ɫɜɟɬ ɧɚ ɩɪɨɰɟɫɫɵ ɩɨɡɧɚɧɢɹ ɱɬɨ ɨɱɟɧɶ ɰɟɧɧɨ ɜ ɱɚɫɬɧɨɫɬɢ ɞɥɹɧɚɭɤɢɨɛɢɡɨɛɪɚɠɟɧɢɢɩɨɫɤɨɥɶɤɭɩɨɡɜɨɥɹɟɬɨɩɪɟɞɟɥɹɬɶ ɡɧɚɤɨɜɵɟ ɢ ɹɡɵɤɨɜɵɟ ɫɢɫɬɟɦɵ ɧɚɢɛɨɥɟɟ ɩɨɞɯɨɞɹɳɢɟ ɞɥɹ ɩɟɪɟɞɚɱɢ ɢ ɢɧɬɟɪɩɪɟɬɚɰɢɢ ɪɚɛɨɬɵ ɩɨ ɨɛɫɥɟɞɨɜɚɧɢɸ ɢ ɞɨɤɭɦɟɧɬɢɪɨɜɚɧɢɸɨɤɪɭɠɚɸɳɟɣɫɪɟɞɵɢɥɚɧɞɲɚɮɬɨɜL ȼɫɟɦɧɚɦɢɡɜɟɫɬɧɨɱɬɨɩɚɦɹɬɶɢɡɛɢɪɚɬɟɥɶɧɚɢɮɢɤɫɢɪɭɟɬɧɟ ɜɫɟɜɢɞɢɦɨɟɧɚɦɢɧɨɥɢɲɶɧɟɤɨɬɨɪɵɟɚɫɩɟɤɬɵɧɟɨɛɯɨɞɢɦɵɟ ɞɥɹɮɨɪɦɢɪɨɜɚɧɢɹɨɩɪɟɞɟɥɟɧɧɨɝɨɜɨɫɩɨɦɢɧɚɧɢɹ Ⱦɟɣɫɬɜɢɬɟɥɶɧɨ ɨɤɪɭɠɚɸɳɚɹ ɧɚɫ ɪɟɚɥɶɧɨɫɬɶ ɫɨɫɬɨɢɬ ɢɡ ɦɧɨɠɟɫɬɜɚɹɜɥɟɧɢɣɧɚɛɥɸɞɚɟɦɵɯɧɚɦɢɧɨɧɟɡɚɩɨɦɢɧɚɟɦɵɯ ɧɚ ɫɨɡɧɚɬɟɥɶɧɨɦ ɭɪɨɜɧɟ ɢɥɢ ɠɟ ɤɚɤ ɜ ɫɥɭɱɚɟ ɨɛɴɟɤɬɨɜ ɢɦɟɸɳɢɯ ɤɚɤɨɟɥɢɛɨ ɨɬɧɨɲɟɧɢɟ ɤ ɧɚɲɢɦ ɩɨɜɫɟɞɧɟɜɧɵɦ ɞɟɥɚɦɡɚɩɨɦɢɧɚɟɦɵɯɱɚɫɬɢɱɧɨɢɧɟɧɚɞɨɥɝɨɌɚɤɧɚɩɪɢɦɟɪ ɩɪɨɯɨɞɹɩɨɡɧɚɤɨɦɨɦɭɦɚɪɲɪɭɬɭɤɚɠɞɵɣɞɟɧɶɦɵɧɟɦɨɠɟɦ ɧɚɡɜɚɬɶ ɢ ɬɟɦ ɛɨɥɟɟ ɧɚɪɢɫɨɜɚɬɶ ɢɥɢ ɞɟɬɚɥɶɧɨ ɨɩɢɫɚɬɶ ɷɥɟɦɟɧɬɵɧɚɤɨɬɨɪɵɟɫɦɨɬɪɢɦɬɚɤɱɚɫɬɨɌɟɦɧɟɦɟɧɟɟɦɵɜ ɫɨɜɟɪɲɟɧɫɬɜɟɡɧɚɟɦɷɬɨɬɩɭɬɶɢɟɠɟɞɧɟɜɧɨɩɪɨɞɟɥɵɜɚɟɦɟɝɨ ɦɟɯɚɧɢɱɟɫɤɢɞɚɠɟɧɟɡɚɞɭɦɵɜɚɹɫɶɨɛɷɬɨɦ ɉɨɷɬɨɦɭ ɨɱɟɧɶ ɱɚɫɬɨ ɩɪɢ ɢɡɨɛɪɚɠɟɧɢɢ ɩɪɢɜɵɱɧɵɯ ɜɟɳɟɣ ɢɥɢ ɩɨɩɵɬɤɟ ɞɟɬɚɥɶɧɨɝɨ ɨɩɢɫɚɧɢɹ ɟɠɟɞɧɟɜɧɨ ɧɚɛɥɸɞɚɟɦɵɯ ɷɥɟɦɟɧɬɨɜ ɦɵ ɨɤɚɡɵɜɚɟɦɫɹ ɜ ɨɱɟɧɶ ɬɪɭɞɧɨɦ ɩɨɥɨɠɟɧɢɢ ɢɡ ɡɚ ɧɟɜɨɡɦɨɠɧɨɫɬɢ ɨɛɨɛɳɢɬɶ ɢɥɢ ɧɚɨɛɨɪɨɬ ɞɟɬɚɥɢɡɢɪɨɜɚɬɶ ɫɚɦɵɟɛɚɧɚɥɶɧɵɟɢɱɚɫɬɵɟɹɜɥɟɧɢɹɧɚɲɟɣɠɢɡɧɢ Ⱦɚɠɟ ɩɨɜɟɪɯɧɨɫɬɧɵɟ ɡɧɚɧɢɹ ɨ ɦɟɯɚɧɢɡɦɚɯ ɩɪɢɦɟɧɹɟɦɵɯ ɱɟɥɨɜɟɱɟɫɤɢɦ ɦɨɡɝɨɦ ɞɥɹ ɫɛɨɪɚ ɢ ɨɪɝɚɧɢɡɚɰɢɢ ɨɫɬɚɸɳɢɯɫɹ ɜɧɚɲɟɣɩɚɦɹɬɢɞɚɧɧɵɯɤɚɤɢɷɤɫɩɟɪɢɦɟɧɬɵɧɚɩɪɚɜɥɟɧɧɵɟ ɧɚɜɵɹɜɥɟɧɢɟɩɪɟɞɟɥɨɜɩɨɥɧɨɬɵɢɬɨɱɧɨɫɬɢɦɧɟɦɨɧɢɱɟɫɤɨɣ ɮɢɤɫɚɰɢɢ ɧɟɨɛɯɨɞɢɦɵ ɞɥɹ ɨɩɪɟɞɟɥɟɧɢɹ ɥɢɱɧɵɯ ɫɬɪɚɬɟɝɢɣ ɢ ɦɟɬɨɞɨɜ ɪɟɚɥɢɡɚɰɢɢ ɩɭɬɟɜɵɯ ɡɚɪɢɫɨɜɨɤ ɢ ɧɚɛɪɨɫɤɨɜ ɢɥɥɸɫɬɪɢɪɭɸɳɢɯɧɚɲɢɪɚɡɦɵɲɥɟɧɢɹ ɉɪɟɞɫɬɚɜɥɹɟɬɫɹɨɱɟɧɶɜɚɠɧɨɣɩɪɨɜɟɪɤɚɞɚɥɟɤɨɧɟɩɨɫɥɟɞɧɟɣ ɪɨɥɢ ɩɚɦɹɬɢ ɢ ɟɟ ɜɥɢɹɧɢɹ ɧɚɩɪɢɦɟɪ ɧɚ ɫɩɨɫɨɛɧɨɫɬɶ ɢɡɨɛɪɚɠɟɧɢɹ ɹɜɥɟɧɢɣ ɤɚɠɭɳɢɯɫɹ ɯɨɪɨɲɨ ɡɧɚɤɨɦɵɦɢ Ɉɱɟɧɶ ɱɚɫɬɨ ɜɨ ɜɪɟɦɹ ɩɨɞɨɛɧɵɯ ɬɟɫɬɨɜ ɦɵ ɫɬɚɥɤɢɜɚɟɦɫɹ ɫɨ ɫɤɭɞɧɨɫɬɶɸ ɞɟɬɚɥɟɣ ɜ ɧɚɲɟɦ ɪɚɫɩɨɪɹɠɟɧɢɢ ɨɫɨɛɟɧɧɨ ɩɪɢ ɪɚɛɨɬɟ ɫ ɧɟɩɪɢɜɵɱɧɵɦɢ ɨɛɴɟɤɬɚɦɢ Ȼɵɜɚɟɬ ɢ ɬɚɤ ɱɬɨ ɧɟɞɨɫɬɚɬɤɢ ɩɚɦɹɬɢ ɢɫɩɪɚɜɥɹɸɬɫɹ ɡɚ ɫɱɟɬ ɢɫɩɨɥɶɡɨɜɚɧɢɹ ɝɪɚɮɢɱɟɫɤɢɯ ɩɪɨɬɨɬɢɩɨɜ ɪɚɡɪɚɛɨɬɚɧɧɵɯ ɟɳɟ ɜ ɫɚɦɨɦ ɧɚɱɚɥɟ ɬɜɨɪɱɟɫɤɨɝɨ ɩɭɬɢ ɯɭɞɨɠɧɢɤɚ ɤɨɬɨɪɵɟ ɪɚɡɜɢɜɚɸɬ ɷɮɮɟɤɬɢɜɧɨɫɬɶ ɩɚɦɹɬɢ ɢ ɞɚɸɬ ɜɨɡɦɨɠɧɨɫɬɶ ɭɝɥɭɛɥɟɧɢɹ ɢ ɞɟɬɚɥɢɡɚɰɢɢɞɚɧɧɵɯɨɛɳɟɝɨɯɚɪɚɤɬɟɪɚ ɋɥɟɞɨɜɚɬɟɥɶɧɨ ɧɟɨɛɯɨɞɢɦɨ ɭɦɟɬɶ ɤɨɧɬɪɨɥɢɪɨɜɚɬɶ ɫɩɨɫɨɛɧɨɫɬɶ ɫɛɨɪɚ ɨɛɪɚɛɨɬɤɢ ɢ ɨɛɨɛɳɟɧɢɹ ɨɫɬɚɸɳɟɣɫɹ ɜ ɩɚɦɹɬɢ ɢɧɮɨɪɦɚɰɢɢ ɱɬɨɛɵ ɩɪɚɜɢɥɶɧɨ ɨɰɟɧɢɜɚɬɶ ɪɨɥɶ ɢɧɬɟɥɥɟɤɬɭɚɥɶɧɨɣɞɟɹɬɟɥɶɧɨɫɬɢɜɨɜɪɟɦɹɫɨɡɞɚɧɢɹɪɢɫɭɧɤɚ ɨɫɨɛɟɧɧɨ ɞɨɫɬɚɬɨɱɧɨ ɛɵɫɬɪɨɝɨ ɤɨɝɞɚ ɜɜɢɞɭ ɩɥɨɬɧɨɝɨ ɝɪɚɮɢɤɚ ɢɥɢ ɩɨɬɪɟɛɧɨɫɬɟɣ ɬɨɜɚɪɢɳɟɣ ɩɨ ɩɭɬɟɲɟɫɬɜɢɸ ɧɟɬ ɜɨɡɦɨɠɧɨɫɬɢɧɚɯɨɞɢɬɶɫɹɧɚɨɛɴɟɤɬɟɞɨɫɬɚɬɨɱɧɨɟɤɨɥɢɱɟɫɬɜɨ ɜɪɟɦɟɧɢ

(19)

(' ɋɫɵɥɤɢ =ɉɚɦɭɤɈɆɨɟɢɦɹɄɪɚɫɧɵɣ23DPXN,OPLRQRPHq5RVVR(LQ9 %75',#R+&'(+,#;<<=,#:"#ML" ; ³ȼ ɢɞɟɚɥɶɧɨɣ ɢɫɬɨɪɢɢ ɨ ©ɩɭɬɹɯ ɪɚɡɭɦɚª ɦɨɠɧɨ ɪɚɫɫɦɚɬɪɢɜɚɬɶ ɜɫɟ ɨɬ ɬɟɨɪɢɣ ɥɨɤɚɥɢɡɚɰɢɢ ɞɨ ɧɟɣɪɨɮɢɡɢɨɥɨɝɢɱɟɫɤɨɝɨ ɩɨɞɯɨɞɚ ɜɚɠɧɟɣɲɢɦɢ ɩɪɟɞɫɬɚɜɢɬɟɥɹɦɢ ɤɨɬɨɪɨɝɨ ɹɜɥɹɸɬɫɹ Ʌɚɦɛɟɪɬɨ ɆɚɮɮɟɢɢɋɟɦɢɪɁɟɤɢ ɢɦɟɧɬɚɥɶɧɵɯɦɨɞɟɥɟɣɎɢɥɢɩɩɚȾɠɨɧɫɨɧɚ ɅɷɢɪɞɚɌɚɤɢɦɨɛɪɚɡɨɦɫɜɹɡɵɜɚɹɨɫɧɨɜɚɧɢɹɪɚɡɭɦɚɢɡɪɟɧɢɹɯɨɱɟɬɫɹ ɫɤɚɡɚɬɶ©ɂɳɭɩɨɬɨɦɭɱɬɨɜɢɠɭɜɢɠɭɩɨɬɨɦɭɱɬɨɡɧɚɸª´ ɆɚɪɨɬɬɚȺɉɭɬɢɡɪɟɧɢɹɢɩɭɬɢɪɚɡɭɦɚɌɨɪɝɨɜɵɟɩɭɬɢɊɢɫɭɧɨɤɤɚɤ ɬɨɩɨɥɨɝɢɹɪɚɡɭɦɚɋɛɨɪɧɢɤɞɨɤɥɚɞɨɜ,,,Ɇɟɠɞɭɧɚɪɨɞɧɨɝɨɮɨɪɭɦɚ Ʉɚɩɪɢɢɸɧɹɝ ɉɨɞɪɟɞȽɚɦɛɚɪɞɟɥɥɚɄɆɚɪɬɭɲɟɥɥɨɋ Ɏɥɨɪɟɧɰɢɹ$0DURWWD3HUFRUVLYLVLYLSHUFRUVLGHOODPHQWHLQ 0"#c%46%&5)**%,#!"#[%&.72/)**+,#S%#/7&%#5'U,#>)#?')#5)'#[)&/%(.'"#e'2)3(+# /+4)#.+:+*+3'%#5)**%#4)(.)"#G)*%8'+('#%*#.)&8+#A+&74#'(.)&(%8'+(%*)#5'# VWXGL&DSUL±*LXJQR)LUHQ]HS M#ɆɚɧɞɟɥɥɢɗɈɪɢɫɭɧɤɚɯɊɨɛɟɪɬɨɆɚɷɫɬɪɨ(0DQGHOOL3HULGLV9 )3('#5'#G+6)&.+#[%)2.&+,#'(#G"#[%)2.&+,#/'.,#:"#M"# N#ɉɚɦɭɤɈɆɨɟɢɦɹɄɪɚɫɧɵɣ23DPXN,OPLRQRPHq5RVVR(LQ9 %75',#R+&'(+,#;<<=,#:"#KM" LȻɟɣɬɫɨɧȾɠɇɚɩɭɬɢɤɷɤɨɥɨɝɢɪɚɡɭɦɚ*%DWHVRQ6WHSVWRDQ(FRO9 +3\#+A#['(5,#!%(#a&%(/'2/+,#0@%(5*)&#$&)22,=IJ;h# ȻɟɣɬɫɨɧȾɠɊɚɡɭɦɢɩɪɢɪɨɞɚ*%DWHVRQ0LQGDQG1DWXUH$1HFHV9 2%&\#_('.,#e7..+(,#F)V#m+&Z"#=IJIh

ɏɚɦɮɪɢ ɇ ɂɫɬɨɪɢɹ ɪɚɡɭɦɚ  1 +XPSKUH\ 8QD VWRULD GHOOD PHQWH R+&'(+,#=IIKh

ȾɠɢɧɫɨɧȾɠɗɤɨɥɨɝɢɱɟɫɤɢɣɩɨɞɯɨɞɤɡɪɢɬɟɥɶɧɨɦɭɜɨɫɩɪɢɹɬɢɸ- o"#c'(2+(#,#_(#%::&+//'+#)/+*+3'/+#%**%#:)&/)8'+()#?'2'?%,#-+*+3(%,#=III"

(20)
(21)

!(

?&23*)'N&**-2#,,)

H*#5'2)3(+#:)&#'*#:%)2%33'+#5)**%#0%&)*'%

H*#&%//+(.+#5)*#*7+3+#.&%#*)#)2:)&')(8)#5'#?'%33'+

8QDULÀHVVLRQHVXOGLVHJQDUH

&RPH GHVFULYHUH OD EHOOH]]D GHOOD &DUHOLD" 1HO WHQWDWLYR GL 5)2/&'?)&)# %(/@)# 2+*+# '*# 2)(.'4)(.+# /@)# )4)&3)# 5%**%# '(.)(8'+()# 5'#.%*)#'4:&)2%,#4'#?')()#%**%#4)(.)#*B)2)4:'+#5'#$&+72.#2)/+(5+# LO TXDOH SHU IDU TXHVWR DIIHUPD DOOD ¿QH GL &RPEUD\ ELVRJQD 27:)&%&)#'*#5'2%//+&5+#.&%#*)#'4:&)22'+('#)#*B)2:&)22'+()#5)'#*7+3@'"# 0DFKHFRVDVLJQL¿FDDFFRUGRWUDLPSUHVVLRQHHGHVSUHVVLRQH",Q 6%2)#%#E7%*)#/&'.)&'+#2'#:7l#%::&)88%&)#*%#3'72.)88%#5)'#*7+3@'#)5# HYLQFHUQH OD ORUR EHOOH]]D" 3URXVW VD EHQH FKH O¶HPR]LRQH QRQ 2'# /+47('/%# '(# ?'&.j# 5)**%# 27%# 2+*%# '(.)(2'.`# )# /@)# E7)2.%# 5)?)# /+(E7'2.%&)#'#4)88',#2'%#?)&6%*'#/@)#:'..+&'/',#:)&#)22)&)#/+47('/%.%# )#4%('A)2.%.%"

e'2)3(%&)# )# /+*+&%&),# '(5':)(5)(.)4)(.)# 5%**%# .)/('/%# 2/)*.%,# SXzVLJQL¿FDUHPROWLVVLPHFRVHSXzVLJQL¿FDUHLOULSURGXUUHQHO 4+5+# :'j# A)5)*)# :+22'6'*)# *%# A+&4%# 5)3*'# +33)..',# 5)3*'# )22)&'# ?'?)(.'# )# 5)'# *7+3@'# /@)# /'# /'&/+(5%(+,# '(5'?'57%&()# *)# *'())# /%&%..)&'2.'/@),# /+3*')&()# *)# 2+..'*'# 2A74%.7&)# /+*+&'2.'/@)# 5'# *7/)# )5# +46&%# ()**B'(.)(.+# 5'# /+(A)&'&)# )2:&)22'?'.`# ),# 2)(8%# 5766'+,# 5)*'()%&),#%..&%?)&2+#2)3('#.&%//'%.'#27#7(#:'%(+,#3*'#)AA)..'#5)**)#.&)# GLPHQVLRQLPDDQFRUDSLDPEL]LRVDPHQWHVLJQL¿FDGDUIRUPDDL 2+3(',#%'#5)2'5)&'#)5#%**)#:7*2'+('#5)**B'(/+(2/'+" H*#?%*+&)#5)*#5'2)3(+#C#4+*.):*'/)#),#()**%#27%#2.)22%#/+((+.%8'+()# 5'#.)2.'4+('%(8%#5)*#&'/+&5+,#:+&.%#/+(#2p,#()**+#2.)22+#'2.%(.),#7(# 57:*'/)# /+4:'.+# ).'/+1# '*# 2)(2+# 5'# 7(# 5+?)&),# /@)# '*# 5'2)3(%.+&)# @%#:&+?%.+#'(#E7%*/@)#4+5+#()'#/+(A&+(.'#5)**%#:&+:&'%#)2:)&')(8%# 5'# ?'.%# +# :'j# 2)4:*'/)4)(.)# 5'# 7(# *7+3+,# )# 7(# '4:)&%.'?+# 5'# /+(+2/)(8%,#+22'%#'*#?)5)&)#/+(#/@'%&)88%#3*'#%2:)..'#/+4:+2'.'?'# )# .)/(+*+3'/'# /@)# 5%((+# A+&4%# )# 2+2.%(8%# %**+# 2:%8'+,# ()/)22%&'# :)&# /+(+2/)&)# '*# *7+3+# )# /@)# ?)(3+(+# 5'2.'(.%4)(.)# :)&/):'.'# %*# 5'# *`# 5)*# .&%2:+&.+# )2.).'/+"# H*# 5'2)3(%.+&)# 2)# ()# &)(5)# /+(.+# %??)&.)(5+# 7(%# 2)(2%8'+()# 5'# '(E7').75'()# /@)# %//+4:%3(%# *B)66&)88%#5)*#5'2)3(+"#R)2.'4+(),#%AA%2/'(%.+,#'()&4),#/+*:)?+*),# 5)**%#6)**)88%#%::%&2%#.&%#/')*+#)#.)&&%#'(#7(#3'+/+#5'#'44%3'('#)# GL OXFL q DWWUDYHUVR OD PHPRULD ULÀHVVLYD LQ ULVSRVWD DO ULFRUGR 5)**%# ?'2'+(),# /@)# '*# 5'2)3(%.+&)# &'/+(E7'2.%# *+# 2:)..%/+*+# %# /7'#

(22)

!! %22'2.)#)#'(2')4)#:*%/%#:%&8'%*4)(.)#'*#.7&6%4)(.+#/@)#*%#6)**)88%# 5)*# *7+3+# )# 5)*# 4+4)(.+# 272/'.%(+# '(# *7'# %..&%?)&2+# '*# 5'2)3(+"# G).&+2:)..'?%4)(.)#/+4:&)(5)#/@)#'*#5+?)&)#?')()#.%&5'?%4)(.)# 2+55'2A%..+#()*#4+4)(.+#'(#/7',#+22)&?%(5+#'*#5'2)3(+,#:)(2%#/@)# :%&.)#5)**%#&%3'+()#2'%#&)2%#()**%#&%::&)2)(.%8'+()#5'#E7)**B'2.%(.)# 4'&%/+*+2+,#/@)#C#:)&l#3'`#5)*#:%22%.+,#)#/@)#%::%&)#&':)&/+&2+# ()**)#?'6&%8'+('#5)**%#4%.'.%#+#5)**%#:)((%,#5)*#3)2.+"

e'2)3(%&)# *%# 6)**)88%# 5)*# 4+(5+# /%&)*'%(+,# :)&# 4),# /+2.'.7'2/)# '(#:%&.)#'*#.)(.%.'?+#5'#(+(#&+4:)&)#'*#2'*)(8'+,#+#:)&#4)3*'+#5'&)# 5'# &+4:)&*+# '(# 4%(')&%# /+2g# &74+&+2%# 5%# )(.&%&)# '(# 5'22+(%(8%# /+(#)22+,#:)&#&'72/'&)#%#.&%57&&)#)#/+46'(%&)#E7)**%#/+(A72'+()#5'# JLRLDSURYRFDWDGDOSDHVDJJLRFRQLOVHQWLPHQWRGLLQVXI¿FLHQ]D )#5'#5)*72'+()#()*#&'72/'&)#%#5%&)#%#E7)**%#6)**)88%#2+*.%(.+#7(%# &'2:+2.%#2'(.).'/%#5)*#5'2)3(+"# _(%#&'2:+2.%#/@)#C#:)&l#'(#?)&'.`#7(%#&'2:+2.%#5)*#/+&:+#%*#:%)2%33'+,# 5)*#4+5+#'(#/7',#47+?)(5+2'#()**+#2:%8'+,#%**B'(.)&(+#/'+C#5'#7(+# 2:%8'+# .)&&'.+&'%*)# '44)(2+# 4%# %(/@)# 5'# 7(# 4'/&+%46')(.),# '*# SDHVDJJLRLQÀXLVFHQHOGHWHUPLQDUHXQDPROWLWXGLQHGLSHQVLHULFKH +&')(.%(+#*%#A+&4%#2.)22%#5)*#*7+3+,#&'2:+2.%#:')(%#5'#2.7:+&)#4%# '(#:%&.)#/')/%,#:&'3'+(')&%#5)**B+:%/'.`#'(.)&'+&)#)#5'#/+(2)37)(8%# '(/%:%/)#5'#/+2.&7'&)#.%*?+*.%#*%#4'('4%#A&%2),#'*#4'('4+#2)3(+,# /@)#:+22%#)22)&)#2'4'*)#%**%#*7/)#)2.)&(%#5)*#/')*+#(+&5'/+"# >%#/+(+2/)(8%#5)**%#0%&)*'%#2'#&%33'7(3)#:%22+#5+:+#:%22+,#7(# '2.%(.)#:)&#?+*.%,#?'?)(5+#'*#*7+3+#)#/+(/)(.&%(5+2'#27#E7)'#2)3('# LPSHUFHWWLELOLFKHTXDOL¿FDQRXQDVWDFFLRQDWDRXQPDUJLQHGHOOD 2.&%5%" >%#5)2/&'8'+()#+AA)&.%#%3*'#+22)&?%.+&'#5'#E7)2.'#&%//+(.'#5'2)3(%.'# C#*%#5)2/&'8'+()#5'#7(#.)4:+#'4:+22'6'*)#),#/+(.)4:+&%()%4)(.),# OD UDI¿JXUD]LRQH LURQLFD GL XQ ³LR´ DQWHULRUH LJQRUDQWH H 4)&%?'3*'%.+#)#5'#7(#'+#/@),#:&+/)5)(5+#()'#5'2)3(',#C#2)4:&)#:'j# %55)(.&+#%**+#2:%8'+#)5#%**%#/7*.7&%#/%&)*'%(%"

'HO UHVWR OD ¿JXUD UHWRULFD QHOOD TXDOH VL LQFDUQD OD OLQHD GL E7)2.'#5'2)3(',#:&+5+..'#()'#4+4)(.'#5'#?'%33'+,#.&%2A+&4%#5'#:)&# 2)# '(# &+4%(8+# *B'**72.&%8'+()# 5)*# *7+3+,# 5)2/&'?)# 7(# :%)2%33'+,# :+'# 7(%# 2/)(%,# 4)(.&)# 5'/@'%&%# 5'# (+(# )22)&)# # '(# 3&%5+# 5'# GHVFULYHUOLGLFRPSUHQGHUOLGLGDUJOLLOORURYHURVLJQL¿FDWR0D *B)2:&)22'+()# C# 2)4:&)# '(# &'.%&5+# 27**B'4:&)22'+(),# /+2g# /@)# '*# :&)2)(.)#5)**%#2)(2%8'+()#(+(#:7l#)22)&)#5)2/&'..+#/@)#%*#:%22%.+# )#:)&#3'7(.%,#'(#E7)2.+#:%22%.+#/@)#)22)(5+#5'2)3(+#C#'(#E7%*/@)# PRGRXQD¿Q]LRQHTXHOORFKHOHJJLDPRQHLGLVHJQLVLTXDOL¿FD QHFHVVDULDPHQWH FRPH XQ URPDQ]R PLUDJJLR JUD¿FR FKH UHQGH

(23)

!" FUHGLELOHLOJHVWRDI¿GDQGRDOVHJQRO¶LGHDGLYHULWj

H*#5'2%//+&5+#.&%#/'l#/@)#2'#+22)&?%#)#2'#%66&%//'%#/+(#*+#237%&5+# HFLzFKHLOOLQJXDJJLRJUD¿FRqLQJUDGRGLHVSULPHUHqWDOHFKH OD GLVWDQ]D GHO SDHVDJJLR LQ¿QLWR TXHOO¶RUL]]RQWH SLDWWR DO GL 2+:&%#5)**)#A+&)2.),#5'?)(.%##.&+::+#3&%(5),#/+2g#/+4)#*%#6)**)88%# GHOODOXFHDSSDUHWURSSRLQDIIHUUDELOH¿QRDFRVWULQJHUHORVSLULWR 5)*# 5'2)3(%.+&)# /@)# 2'# .&+?%# ()*# *7+3+,# :)&# E7%(.+# A%//'%# )22+# 2.)22+#:%&.)#5'#E7)*#4+(5+#/@)#*+#'(/%(.%,#%5#%22+33)..%&2'#%5#7(# 2)(.'4)(.+#5'#*'4'.%8'+()#()*#(+(#%?)&)#*%#A+&8%#5'#&)3'2.&%&)#)#5'# ¿VVDUHOLPLWLDOSDHVDJJLR

Y'%33'%&)# %**%# 2/+:)&.%# 5'# &)4+.'# ?'**%33'# &722'# '(# /7'# %(/+&%# 2'# :%&*%(+#*'(37)#2.&)..%4)(.)#*+/%*',#)#2'#/+(2)&?%(+#.&%5'8'+('#)#2.'*'# 5'#?'.%#2)4:*'/'#)#%(.'/@',#+*.&)#/@)#)2:*+&%&)#*B%AA%2/'(%(.)#&)%*.`# 5)**%# G722'%# /+(.)4:+&%()%# C# 7(B)2:)&')(8%# 7('/%# 5+?),# :)&# 7(# 5'2)3(%.+&)#%..)(.+,#2'#'(/+(.&%(+#/+(.'(7%4)(.)#):'2+5'#/@),#()**+# VWXSRUHGHOODVFRSHUWDPRGL¿FDQRHGHFRGL¿FDQRDSRFRDSRFRLO 4+(5+#(%.7&%*)#)#&+4%(.'/+"

;.&#"3$(':".&")#81)2'$#'%%".)&.(3"-.

`0")()' 4)(#' 7-&23&2%#' 7&' 1#*' ,&' $"&' $%*&3&;' 4)2' -,' 4)(1-%)' 3-' SHQHWUDUHLOPRQGRHPHWWHUHLQRSHUDLVLJQL¿FDWL"#0+2g#%**B+&'3'()#

5)**B%&/@'.)..7&%# C# :+2.+# '*# *7+3+# (%.7&%*)# 5%*# E7%*)# *B7+4+# @%# 2?'*7::%.+# 7(%# 2'(.)2'# /@)# *+# @%# /+(5+..+# %# '(2)5'%&2'# '(# 7(# 5).)&4'(%.+#%46')(.)"#H#?'**%33'#5)**%#0%&)*'%#&':+&.%(+#()**)#*+&+# DUFKLWHWWXUHGLOHJQRLVHJQLGLTXHVWDPHVVDLQRSHUDGLVLJQL¿FDWL /@)#*)..',#&'/+(57/+(+#%**%#A)(+4)(+*+3'%#5)**B%&/@'.)..7&%#/@)#2'# RFFXSDGHLOXRJKLLQFXLHOHPHQWLQDWXUDOLHDUWL¿FLDOLIRUPDQRXQD 2'(.)2'"

!)# %*# :&'4+# '(/+(.&+# /+(# '# ?'**%33'# 5)**%# 0%&)*'%# 2'# &)2.%# 276'.+# /+*:'.'# 5%**%# )//)8'+(%*)# E7%*'.`# 5)*# *7+3+,# E7)2.+# C# 5+?7.+# %**B)2:%(2'+()#+&'88+(.%*)#5)**)#3&%(5'#:'%(7&),#%**+#2(+5%&2'#5)'# 3&%(5'# *%3@',# %*# /')*+# '44)(2+,# )# %**%# ':(+.'/%# *7/)# (+&5'/%# /@)# &'?)2.)#+3('#/+2%"

0+4)# &'/+&5%# *+# !/@7*.81# X"%%-' -' 1&#$-' $4&23-2&7-' 5&22)' "2'

3#2)(-2&%)*#'4)("2#D',&',"4#'2)*3-4&8'd**-7&23)'-2'?4&23-2&7-&' 3&,' $"3;' $-' +' -((#3-&%&(#2%#' 4),1-%-' 3&,,&' :"&,-%Z' 3-7#*$&' 3#,,&' ,"4#8' L#2)' M)*%#' -22&2.-%"%%)D' 2)2' *-#(1-#' ,)' $1&.-)' 4)(#' 2#-' 1&#$-' (#3-%#**&2#-;' (&' 7&*-&' &' $#4)23&' 3#,,&' ,)4&,-%Z8' 6)(#' E3-$1#2$&%*-4#' 3-' %"%%#' ,#' 1*#$#2.#GP;' ,&' ,"4#' 2)*3-4&' 2)2' *-7#,&'

XQR VSD]LR XQL¿FDWR PD SLXWWRVWR XQ PRQGR FKH FRQVWD GL XQD (),%-%"3-2#'3-',")/5-8;

(24)

!# !/@7*.8# :+()# *B%..)(8'+()# 27**%# 5'AA)&)(.)# /+4:&)(2'+()# 5)**+# 2:%8'+#)2'2.)(.)#'(#A7(8'+()#5)3*'#)*)4)(.'#(%.7&%*',#/@)#'(#7(#*7+3+# /+2g#)2.&)4+,#'(/'5+(+#'(#4%(')&%#5)/'2'?%#27**%#/+2.'.78'+()#5)**)# &)3+*)#/@)#3+?)&(%(+#*B+&5'()h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« ,&'3-*#.-)2#')*-..)2%&,#'+':"-23-' HVSHULWDFRPHSXUDHVWHQVLRQHSHUTXDQWRODFRQ¿JXUD]LRQHGHO *-,-#7)' #' ,&' :"&,-%Z' 3#,,&' ,"4#' 1)$$&2)' 1*)3"**#' -22"(#*#7),-' 7&*-&.-)2-"L

X# /+(2)37)(8%# 5'# E7)2.%# /+(/)8'+()# 5'(%4'/%# 5)**+# 2:%8'+# 3)+4).&'/+# &245#' ,#' 4)$#;' 4)$%-%"%-7#' 3-' :"&,$-&$-' ()23)'

3#%#*(-2&%);' 2)2' 1*#$#2%&2)' %*&%%-' 3-$%-2%-' 45#' $1-445-2)' &,,0-2%#*2)'3-'"2'4)2%-2""('$1&.-&,#;'(&'&$$"()2)',#'$#(C-&2.#' 3-'M)*.#'(-$%#*-)$#'#'$M"//#7),-" !'#:%&*%#5'#7(#:%)2%33'+#&+4%(.'/+,#7(#:%)2%33'+#5+?)#*)#A+&8)# +&'3'(%&')#%(/+&%#:+22+(+#)22)&)#:)&/):'.)#/+(#)2.&)4%#)?'5)(8%,# 5+?)#*B%/E7%#C#2)4:&)#:&)2)(.),#2'%#/@)#/+4:%'%#2+..+#A+&4%#5'# ()?)#5):+2'.%.%#%#2/@'%&'&)#*)#*7(3@)#(+..'#'(?)&(%*',#/@)#()'#*%3@'# LPPRELOLFKHULÀHWWRQRO¶HVVHUHLQWLPRGHOODGLPHQVLRQHVSD]LR .)4:+&%*)"#

k7%(5+# 2'%4+# 5'# A&+(.)# %*# PA)(+4)(+Q# :%)2%33'+# 2)(8B%*.&+# /'# .&+?'%4+#'(#7(#%46')(.)#5%**)#%4:')#?)57.)#/@)#(+(#/'#C#:+22'6'*)# DSSUH]]DUH¿QRLQIRQGRQHOOHVXHLQ¿QLWHIRUPHLQWXWWLTXHJOL %2:)..'#&)*%.'?'#%**)#2.+&')#)#%'#4+.'#/@)#*+#@%((+#5).)&4'(%.+,#7(# %46')(.)#/@)#%#/%72%#5)**)#(-4*)$%*"%%"*##/@)#'(.)22+(+#'*#.)&&'.+&'+# FLDSSDUHFRPHGH¿QLWRGDXQ³VDOWRGLVFDOD´ULVSHWWRDOO¶HOHPHQWR 74%(+,#*+#2:)..%.+&),#5'#&'A)&'4)(.+"#X"%%-'-'1&#$&//-'$)2)'M&%%-'3-' 4)(C-2&.-)2-'3-'-4)2#(-;'4)(C-2&.-)2-'45#'1*#$"11)2/)2)'"2&' 3-$%*-C".-)2#' 7&*-&' 2#,,)' $1&.-)' 3#-' M&%%-' %#**-%)*-&,-;' 4)$e' 4)(#' 3#/,-' #7#2%-' $%)*-4-' 45#' ,-' 5&22)' 1*)3)%%-8' X"%%-' -' 1&#$&//-' $)2)' LO ULÀHVVR GL XQD RUJDQL]]D]LRQH GHOOR VSD]LR GL XQD PDQLHUD 1*)1*-&'3#/,-')//#%%-'$)4-&,-'3-')*3-2&*$-'#'*-7#,&*$-'2#,'%#**-%)*-);' 3#,,#'$%)*-#'45#'%&,-')*3-2-'5&22)'3#%#*(-2&%)8J

!)#'#*7+3@'#:+22+(+#)22)&)#?'2.'#/+4)#)*)4)(.'#:+2.'#%**B'(.)&(+# 5'#7(%#2/%*%#5'#&%::+&.'#/@)#+&5'(%#*)#&)*%8'+('#/@)#2'#'(.&)//'%(+#

(25)

!* QHOO¶DPELHQWH TXRWLGLDQR GDO WHUULWRULR ¿QR DOO¶XRPR DOORUD LO

SDHVDJJLR¿VLFDPHQWHLQWHVRULVLHGHSURSULRQHOODSHUFH]LRQHGHOOD :&)2)(8%# 5'# E7)2.%# 2/%*%,# *%# ?'27%*'88%8'+(),# 5'# 7(# :'j# +# 4)(+# %??)&.'.+#/+(5)(2%&2'#5'#'(A+&4%8'+('"

X**+&%# '*# :%)2%33'+# %2274)# ()**%# 2.&7..7&%# 5'# %(%*'2'# 5)*# *7+3+# :&+:&'+# '*# &7+*+# 5'# *7+3+# 5'# '(/+(.&+# .&%# 5'AA)&)(.'# %46')(.'# /@)# 2'# &)*%8'+(%(+# %# 5'AA)&)(.'# 2/%*),# '*# A)(+4)(+# &'27*.%(.)# 5%**%# 2+?&%::+2'8'+()# 5'# *'?)**'# .)4%.'/'# 5'# 7(# /+(.)2.+# %46')(.%*)# :'j# %4:'+,# ),# 2)# /'l# C# ?)&+,# %**+&%# '*# :%)2%33'+# 4)2%-2")# 5)**%# &DUHOLDqO¶HYLGHQ]DGLXQD¿WWDUHWHGLVRYUDSSRVL]LRQLHVFDPEL 5'# '(A+&4%8'+('# %::%&.)()(.'# %# 4+*.):*'/'# (-4*)$%*"%%"*#;# (+(# VROR ¿VLFKH FKH DYYHQJRQR LQ XQD PXOWLGLPHQVLRQDOH IRUPD /+47('/%.'?%"

k7)2.+# %??')()# :)&/@C# )AA)..'?%4)(.)# 4+*.)# /%&%..)&'2.'/@)# 5)'# *7+3@',#/@)#2+(+#2+*'.),#'(#7(#:%)2%33'+#%#4'27&%#5B7+4+,#3)()&%&)# PROWHSOLFL DPELHQWL VRQR DQQXOODWH GDOOH VSHFL¿FKH SURSULHWj 2:%8'%*'#5)3*'#)*)4)(.'#:+2.'#%**%#2/%*%#4%33'+&)#/@)#5'2%&.'/+*%(+# *%#4'/&+2.&7..7&%#2:%8'%*)#.)&&'.+&'%*)"

X::%&)# 5B7(# .&%..+# )?'5)(.)4)(.)# /+(()22+# E7)*# (%.7&%*)# &'/+(57&&)# %**)# P+&'3'('Q# *)# A7(8'+('# 5)'# /+(.)('.+&'# )5# %::%'+(+# '()E7'?+/%6'*'# '# ?%*+&'# 5)'# :&+/)22'# )?+*7.'?'# 5'# E7)**%# 2)&')# '('(.)&&+..%#5'#&%::+&.'#)#47.%4)(.'#/@)#2'#2+(+#)2.)2',#)#/@)#%(/+&%# RJJL VL HVWHQGRQR LQ XQ OXRJR GRYH O¶LQ¿QLWR HVWHQGHUVL GHOOR VSD]LRKDRULHQWDWRO¶XRPRLQXQDULFHUFDWHVDDGH¿QLUHOLPLWLH %# /+2.'.7'&)# &':%&',# %# /)&/%&)# &'A)&'4)(.'# +*.&)# /@)# :&+.)8'+()# 5%*# :%)2%33'+"

>%#&'/)&/%#5)**B)*)4)(.+#5'#&':%&+,#*%#3&+..%#/@)#A+22)#'(#3&%5+#5'# +2:'.%&)#%*#27+#'(.)&(+#*%#?'.%#)#/@)#2'#:+()22)#'(#/+(.&%55'8'+()# %**B'(2'/7&)88%#5)*#/')*+#)#5)**%#27%#?%2.'.`,#@%#3)..%.+#*)#A+(5%4)(.%# :)&# *%# /+2.'.78'+()# A+&4%*)# 5)**)# /%&%..)&'2.'/@)# 6%2'*%&'# 5)**)# %&/@'.)..7&)"#

H*#&'A73'+#(+(#:+.)?%#/@)#.&+?%&)#*7+3+#'(#7(#%..%//%4)(.+#%**%#.)&&%# /+4)#)*)4)(.+#'(#/+(.&%::+2'8'+()#%*#/')*+,#%AA+(5%(5+/'#*)#&%5'/'# )#%22)/+(5%(5+()#*)#*'())#4+&6'5)#5)'#&'*')?'#2)(8%#:)&l#)*)?%&2'# 4%#4%(.)()(5+#:'7..+2.+#7(#/+(/+&5)#2?'*7::+#+&'88+(.%*)" 8Q¶DUFKLWHWWXUD FKH VHPEUD FHUFDUH XQ VXR VSD]LR QHOO¶LQ¿QLWR )#/@)#2'#?)5)#'(#/+(.&%55'8'+()#/+(#'*#:%)2%33'+#()**%#&'/)&/%#5'# GH¿QLUHXQDPELHQWH

2VVHUYDQGR XQ YLOODJJLR GHOOD &DUHOLD TXHVWL HOHPHQWL DI¿RUDQR /+4)#A&7..+#5'#7(#/+(/+&5%.+#%//+&5+#.&%#*B7+4+#)5#'*#/#2-"$',)4-,#

(26)

!$ )# 2+(+# *)33'6'*'# ()**)# /+(()22'+('# .)/(+*+3'/@)# )5# 7&6%('2.'/@)# /@)#&)3+*%4)(.%(+#*B%&/@'.)..7&)#5)**)#/%2)#'(#*)3(+" /HDPSLH¿QHVWUHLGRSSLYROXPLLVLVWHPLGLIXQ]LRQDPHQWRGHOOH FDVHGDOOHVWXIH¿QRDJOLLQFDVWULGHOOHVLQJROHDVVLPDQWHQJRQR XQRVWUHWWRFRQWDWWRQRQFRQLOOXRJRVSHFL¿FRGHOTXDOHVROROD :&)2)(8%#5'#E7%*/@)#/%*%4'.`#(%.7&%*)#:7l#5%&)#)AA)..'?+#&'/@'%4+,# 4%#/+(#'*#:%)2%33'+,#3)()&%(5+#2)4:&)#2+?&%::+2'8'+()#5'#7(%# LQGH¿QLWDPROWLWXGLQHGLOXRJKLGLYHUVL !+2.%(8%#)#:&)/'2'+()#5'#A+&4)#*%2/'%(+#'*#:+2.+#%**%#:%&.'/+*%&'.`# 5)3*'# 2.%.'# 5B%('4+# )# %*# A&%44)(.+,# 4)(.&)# *%# 3)+4).&'%# ?')()# 2+2.'.7'.%#5%**%#.+:+*+3'%"

>%# .':+*+3'%# 5'?')()# '*# 4+57*+# 4)(.&)# *+# 2.'*)# /+2.&7..'?+# 5)**B%&/@'.)..7&%# )2%*.%# *%# A&%44)(.%8'+()# 5)**B)22)&)# /+(# *%# 2+?&%::+2'8'+()#5'#:'//+*'#)*)4)(.'#()**%#&'/)&/%#5'#/+2.'.7'&)#7(# 7('/74"

6H LO OHJDPH WUD QDWXUDOH H DUWL¿FLDOH q FRVu IRUWH HG LO OLPLWH /+2g# 2+..'*),# 2'# 5)?),# +*.&)# /@)# %**)# 5'(%4'/@)# 4+&A+*+3'/@)# )# .+:+*+3'/@),#%**B72+#5)'#4%.)&'%*'#)#%*#*+&+#:%&.'/+*%&)#.&%..%4)(.+" O3('#/+*:+#5'#%2/'%#?'6&%.+#:)&#2E7%5&%&)#'#.&+(/@'#(+(#*)?'3%.'# VXOOD IDFFLDWD GHJOL HGL¿FL WUDVPHWWH LO UXVWLFR WHPSHUDPHQWR H OD FRQWLQXD GLYHUVLWj GHOOD PRUIRORJLD WHUULWRULDOH LQ XQ HGL¿FLR PRGXODUHGRYHRJQLPRGXORDSSDUHLQ¿QLWDPHQWHGLYHUVRWDQWR 5%#%66%(5+(%&)#7(%#E7%*2'%2'#3)+4).&'%#%::%&)(.)#2)#(+(#%#*'?)**+# 5'# 2.&7..7&%# /+4:*)22'?%# )# 5'# 4+5)**+# '(.)&(+,# 5+?)# '(?)/)# *%# 3)+4).&'%#5'?')()#A+(5%4)(.%*)"

k7)2.)# /%:%(()# &72.'/@),# 2)4:*'/'# )# (%.7&%*',# A%/'*4)(.)# &'/+(57/+(+# %**%# 4)(.)# '# :)(2')&'# 5)'# :'j# (+.'# /+44)(.%.+&'# 5'## Y'.&7?'+,#.&%#/7'##$)&&%7*.,#/@)#&%??'2%?%(+#()**%#/%:%((%#&72.'/%# *)# +&'3'('# 5)**B%&/@'.)..7&%,# )# *B%6%.)# [%&/9X(.+'()# >%73')&# /@)# *B%?)?%#'(5'/%.%#/+4)#4+5)**+#%&/@'.)..+('/+#'5)%*)#()**%#2)/+(5%# )5'8'+()#5)**B<$$&-$'$"*',0&*45-%#4%"*#'>PUTTB;K'%(/@)#2)#4)$%-%"-%&''

3&':"&%%*)'%*)245-'30&,C#*)'7-7-'-2'M"2.-)2#'3-'$)$%#/2-;'4)2'4#11-' 4)(#' &*45-%*&7-;' #' *&(-' (-2)*-' 45#' M)*(&2)' -,' %#%%)' &' 4"$1-3#,#

7(B%(%*+3'%#/+(#5).)&4'(%.'#)*)4)(.'#2.&7..7&%*'#/@)#2+(+#E7'#:)&l# UDFFKLXVLGDOO¶HGL¿FLR

H#4)&%?'3*'+2'#'(/%2.&'#5'#.&%?'#/@)#2'#/)*%(+#2+..+#'#.)..'#2+(+#'*# 2'46+*+# 5)**B'(3)3(+# 74%(+,# 4%# *%# 3)+4).&'%# /+4)# )*)4)(.+# +&5'(%.+&)# )# '(?)(.+&)# 5)**+# 2:%8'+# %*# /+2:)..+# 5)*# /%&%..)&)# 5)*# *7+3+# # &')4)&3)&`# 2+*+# '(# 7(# 2)/+(5+# 4+4)(.+,# 2+*+# 5+:+# %?)&#2)5'4)(.%.+#*%#/+)2'2.)(8%#5'#7+4+#)#:%)2%33'+,#)#5'?)&&`# 7(# /%&%..)&),# (+(# :'j# 2:%8'%*)# )# :&)5+4'(%(.),# 4%# 7(# 2'(.).'/+#

(27)

!% )*)4)(.+#5)/+&%.'?+"#

,Q TXHVWD GLVWHVD LQ¿QLWD FKH VHPEUD XQ GHVHUWR SHU DVVHQ]D 5'# 5'?)&2'.`,# 2'# &'.&+?%# # 7(%# 4%.7&%.%# 5'?)&2'.`# /@)# A%# .)2+&+# 5)*# :%)2%33'+h# +22)&?%(5+# '*# .)&&'.+&'+# %(/@)# %..&%?)&2+# 7(%# FDUWRJUD¿DVLQRWHUjFKHTXHVWRULVXOWDLQFUHGLELOPHQWHVFRPSRVWR .&%#*%3@',#/%4:',#*')?'#%*.7&),#A+&)2.)#)#:'//+*'#'(2)5'%4)(.'" H#/+**'#2+(+#6%22'#)#*7(3@'#,#/7&?%(+#*)(.%4)(.)#/)*%(5+#*B+&'88+(.)# PDFRQVHQWHQGRVHPSUHDPSLHYLVXDOLVRQRSLGH¿QLWLLODJKLFKH LQYHFHLUURPSRQRQHOWHUULWRULRFRPH¿QHVWUHVXXQDIDFFLDWDHFL PRVWUDQRQHOORURVSHFFKLRLOULÀ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¿FL G'27*.%#A%/'*)#5)57&&)#/@)#:&+6%6'*4)(.)#()'#:&)22'#2'#.&+?%#7(#*%3+,# ULVRUVDHFRQRPLFDLPSRUWDQWHXQ¿XPHRSSXUHXQDSLFFRODDOWXUD 4%(+#%#4%(+#/@)#/'#2'#%55)(.&%#()*#:%)2%33'+#&7&%*)#/+4:%'+(+# .7..'#3*'#)*)4)(.'#5)**%#2.+&'%#*+/%*),#)#*%#E7%*'.`#5)*#*7+3+#(+(#C# GHWHUPLQDWD VROWDQWR GDOOD JHRJUD¿D H GDJOL HOHPHQWL VLPEROLFL 5)**%#(%.7&%#)#5)*#:%)2%33'+h#(+(+2.%(.)#'#?'**%33'#(+(#:+22)33%(+# 2:)22+# *B)&)5'.`# /7*.7&%*)# 5'# 7(%# 4+*.'.75'()# 5'# 4+(74)(.'# %&/@'.)..+('/',# *B%46')(.)# :+22')5)# 7(%# 2.&7..7&%# )5# 7(# /%&%..)&)# (+.)?+*)"# H*# ?'2'.%.+&)# :)&/):'2/)# '44)5'%.%4)(.)# '*# /)(.&+# 5)*# :%)2)#*)3%.+#%**%#/@')2%#)5#%*#27+#&)/'(.+#+#%5#7(#&%::+&.+#%&/@).':+# 2)4:*'/)#/@)#'(.)&/+&&)#.&%#7+4+#)#(%.7&%" >%#:7(.%#:'j#%*.%#5)*#.)..+#5)**%#/@')2%#:&+6%6'*4)(.)#&'?)2.)#7(# &7+*+#A+(5%4)(.%*)#/+4)#+33)..+#'(#3&%5+#5'#&%57(%&)#%#2p#.7..+#'*# VLJQL¿FDWRGHOODSUHVHQ]DGHOYLOODJJLRWDQWRFKHLQPROWLYLOODJJL *%#/@')2%#C#:+2'8'+(%.%#'(#*+/%*'.`#2+:&)*)?%.)" >%#A+&4%#%#/':+**%#5)**)#/+:)&.7&)#&'?)*%#7(B'5)(.'.`#'4:+&.%(.)#5'# TXHVWROXRJRXQ¶LGHQWLWjGLFRQ¿QHGLXQLRQHGLGLYHUVHFXOWXUH /@)#@%((+#A%..+#2/7+*%#5)**)#.&%5'8'+('#2/%(5'(%?)#)#/@)#2'#2+(+# 7('.)#/+(#72%(8)#5)**B)2."#

k7)**+# 2.'*)# :%&.'/+*%&)# 5)**)# /%2)# 0%&)*'%()# &%::&)2)(.%# *+# 2.'*)# F+?3+&+5'%(+,#+#3&%(5)#&722+#2)..)(.&'+(%*),#5'#/7'#$)..)&2+(#@%# 5'4+2.&%.+# *%# 5)&'?%8'+()# 5%*# :%*%88+# 4)5')?%*)# 6'8%(.'(+h=<# C#

(28)

!&

)?'5)(.)#/@)#E7)2.+#'(/+(.&+#.)2.'4+('#E7)**)#&)*%8'+('#/@)#@%((+# PRGL¿FDWRLOYLOODJJLRDQFKHDWWUDYHUVRO¶LQVHULPHQWRGLSDUWLFRODUL )*)4)(.'# 5)/+&%.'?'# +# 5).)&4'(%.'# &'.7%*',# 4%# '*# :%)2%33'+# &)2.%# SXU VHPSUH SUHVHQWH LQ TXHVWH GH¿QL]LRQL H GLYLHQH LQWHUHVVDQWH RVVHUYDUHLULVXOWDWLGLTXHVWRSURFHVVRLQYHUVRGLPRGL¿FD]LRQH GRYH VHPEUD HVVHUH VHPSUH LO SDHVDJJLR D PRGL¿FDUH IRUPH )2.&%())#)5#%?)&)#*%#4)3*'+#27**B7+4+"

>)# /%2)# %66)**'.)# 5'# 6%*/+('# +&(%4)(.%*'# 27*# A&+(.)# :&'(/':%*)# )# &'//%4)(.)# 5)/+&%.)# /+(# '(.%&2'# /@)# &':&+:+(3+(+# 7(%# 6%&+//%# 2.'*'88%8'+()#5)**%#(%.7&%,#:&)2)(.%(+#5)/+&%8'+('#*7(3+#*%#/+&('/)# GHOOD JURQGD H QHL WHODL GHOOH ¿QHVWUH RSSRUWXQDPHQWH FRORUDWL H# 2%:+&'# 5'# E7)2.+# '(/+(.&+# 2)46&%(+# %(/+&%# '*# A&7..+# 5'# 7(#

(29)

!' :%)2%33'24+#&+4%(.'/+,#5'#7(#5)/%5)(.)#6%&+//+#/@)#'(#7(%#A+&4%#

3&)88%#)#A+&.)#2'#A%#:+&.%?+/)#5'#4)//%('/@)#+&')(.%*'"

>B'(A%.7%8'+()#&+4%(.'/%#:)&#*)#%&/@'.)..7&)#5)**%#0%&)*'%#/+(5722)# YHUVR OD ¿QH GHOO¶ DUFKLWHWWL H DUWLVWL VSHFLDOPHQWH ¿QODQGHVL %#?'%33'%&)#'(#E7)2.)#.)&&)##)#%#5+/74)(.%&)#*+#2.%.+#5)'#*7+3@',# /+2g#/+4)#+33'#'(#E7%*/@)#4%(')&%#?)5)#4)#%..&%?)&2%&)#?'**%33'# )# A+&)2.)# 5'2)3(%(5+# )# 5+/74)(.%(5+# 7(# *7+3+# /@)# 4+2.&%# 7(%# :&+A+(5%#/7*.7&%"

>)# .)2.'4+('%(8)# 5'# E7)2.'# 5'2)3('# 2.+&'/'# &'27*.%(+# '4:+&.%(.'# (+(#2+*%4)(.)#:)&#/+4:&)(5)&)#*+#2.%.+#5)**B%&.)#5)**)#%6'.%8'+(',# 4%# :)&# /+4:&)(5)&)# '*# 2'2.)4%# 3)2.'+(%*)# 5)**B'(.)&+# /+(.)2.+# .)&&'.+&'%*)#)#E7'(5'#:%)2%33'2.'/+"

Riferimenti

Documenti correlati

Occupazione permanente di suolo pubblico con impianti di tariffa standard telefonia mobile e tecnologie di telecomunicazione superfici fino art.1,c.826,L.16 Coefficiente tariffa

Andrea Rigoni che ha lavorato nel settore della sicurezza informatica per più di 25 anni, ha fatto parte del consiglio dei ministri italiano nel 2013 come consigliere

[r]

[r]

Risposte: sistema originario −., catena aperta −−, retroazionato − 1.4... Risposte: sistema originario −., catena aperta −−, retroazionato

èáé™êëˆì‰é™í?îEïuðOðòñ§ó ï‚ô?õkì ñîNïuê/ó ì ïöïºéOðòì ëˆïu÷øhùñópìúpêøvû]üý&ìþ þpîNêGïuñAûÿ]ÿVøvöñ?ïºñúpì‰ó ì uï1ì é™ìîNí?ï

[r]

[r]