By Elisabeth Thorton/Cabarrus Arts Council
Last Saturday, more than 200 people from our community and beyond stopped in for Family Day, the Cabarrus Arts Council’s regular event that invites families to come into The Galleries and create several crafts.
A young craft-maker creating a sun catcher heart.
kAmvF6DED H6C6 2=D@ EC62E65 E@ ~A6C2 )AC6DD’ AC6D6?E2E:@? @7 p qFDJ q66[ E96 49:=5C6?’D @A6C2 E92E 7@==@HD E96 DECF88=6D @7 q6==2 q66 2?5 96C D62C49 E@ 7:?5 96C A=246 :? E96 9:G6]k^Am
kAm%9:D u2>:=J s2J’D E96>6 H2D '2=6?E:?6’D s2J[ 2?5 H2D DA@?D@C65 3J r@C?:?8 x?4@CA@C2E65] k^Am
Family Days give the perfect opportunity to unplug and spend time creating crafts and memories with your kids. Cabarrus Arts Council photo
kAm%96 ?6IE u2>:=J s2J :D $2EFC52J[ pAC:= ae[ 7C@> ` – c A>[ 2?5 :D DA@?D@C65 3J pEC:F> w62=E9] (6 9@A6 E@ D66 J@F E96C6P u2>:=J s2JD 2C6 2=H2JD 7C66 2?5 @A6? E@ E96 AF3=:4]k^Am
People are also reading…
- Concord men charged with stealing $591K worth of electricity
- Friday Five: Dash In, Kellswater Lowe's Foods opening
- Former Hartsell School educators reunite to share memories
- Tucker Gardens Tour to benefit CVAN Saturday
- Panthers veteran may have upper hand in top position battle
- Historic Biltmore Forest estate tied to Founding Father lists for $9.75 million
- Reed Gold Mine to open Sundays this summer under pilot program
- Amazon, Corning multi-billion dollar pact to yield 1,000 jobs
- Health center’s director denies clinic harmed patients by over-prescribing opioids
- Charlotte teen charged in Concord homicide, police say
- Rider Transit seeks public input on proposed route changes
- Chicago Bears to leave Illinois for Indiana
- Cabarrus deputies take part in Special Olympics Torch Run, opening ceremony
- A ride 100 years in the making
- Friday Five: Luxury apartments, skyrocketing home prices, shagging a restaurant and summer kids program
Thanks to Opera Xpress for their presentation of A Busy Bee, the children’s opera that follows the struggles of Bella Bee and her search to find her place in the hive.
kAmkDEC@?8m%wx$ (ttzk^DEC@?8mk^Am
kAmkDEC@?8mr@?4@C5 {:3C2CJ’D s2?46 $EF5:@ – $2EFC52J[ u63CF2CJ a[ c A>jk^DEC@?8m {62C? E96 (2=EK[ E96 u@IEC@E 2?5 E96 wFDE=6 7C@> !@D:E:G6=J q2==C@@> s2?46 :?DECF4E@CD] %96? >2<6 DFC6 E@ 2EE6?5 @FC '2=6?E:?6’D s2J q2== @? $2EFC52J[ u63CF2CJ hE9[ H96C6 J@F 42? D9@H @77 J@FC >@G6D 2?5 52?46 J@FC 962CE 2H2JP k2 9C67lQ9EEAi^^8@]24E:G642=6?52C]4@>^4232CCFD4@F?EJ^D:E6^=:3C2CJ^=@42E:@?^trcbrr`b\qq`s\cepu\gepp\`gh`_abp__fd^Qmr@?4@C5 {:3C2CJk^2m[ af &?:@? $EC66E[ r@?4@C5j f_c\ha_\a_d`j k2 9C67lQ>2:=E@i5=G:4<6CDo4232CCFD4@F?EJ]FDQm5=G:4<6CDo4232CCFD4@F?EJ]FDk^2mj k2 9C67lQ9EEAi^^8@]24E:G642=6?52C]4@>^4232CCFD4@F?EJ^D:E6^=:3C2CJ^6G6?E^4@?4@C5\52?46\DEF5:@\\\9FDE=6\4@?^Qm9EEAi^^8@]24E:G642=6?52C]4@>^4232CCFD4@F?EJ^D:E6^=:3C2CJ^6G6?E^4@?4@C5\52?46\DEF5:@\\\9FDE=6\4@?^k^2mk^Am
kAmkDEC@?8m}t)% (ttzk^DEC@?8mk^Am
kAmkDEC@?8mz:5 zC27E6CDi %F6D52J u63CF2CJ d[ cib_jk^DEC@?8m p86D f\`a –tIA=@C6 J@FC H@C=5 :? E:?J 56E2:=] y@:? FD 2D H6 AFE E@86E96C =:EE=6 A:646D @7 5:776C6?E >65:F>D E@ 7@C> D@>6E9:?8 E@E2==J 5:776C6?E] rC62E6 J@FC @H? >@D2:4 56D:8? 2?5 E96? 255 E@ 2 =2C86 8C@FA AC@;64Ej k2 9C67lQ9EEAi^^8@]24E:G642=6?52C]4@>^4232CCFD4@F?EJ^D:E6^=:3C2CJ^=@42E:@?^trcbrr`b\qq`s\cepu\gepp\`gh`_abp__fd^Qmr@?4@C5 {:3C2CJk^2m af &?:@? $EC66E[ r@?4@C5 }r ag_adj f_c\ha_\a_dgj k2 9C67lQ>2:=E@i;96==6?3FC8o4232CCFD4@F?EJ]FDQm;96==6?3FC8o4232CCFD4@F?EJ]FDk^2mj k2 9C67lQ9EEAi^^8@]24E:G642=6?52C]4@>^4232CCFD4@F?EJ^D:E6^=:3C2CJ^6G6?E^<:5\<C27E6CD\4@?\`d^Qm9EEAi^^8@]24E:G642=6?52C]4@>^4232CCFD4@F?EJ^D:E6^=:3C2CJ^6G6?E^<:5\<C27E6CD\4@?\`d^k^2mk^Am
kAmkDEC@?8mpC@F?5 %96 (@C=5i p7C:42 U2>Aj r9:?2 (65?6D52J u63CF2CJ ejk^DEC@?8m `_ib_2> – ``ib_2>] y@:? FD 7@C @FC pCE w:DE@CJ D6C:6Di pCE pC@F?5 %96 (@C=5] %9:D H66< H6 H:== G:D:E p7C:42 2?5 r9:?2 H96C6 H6 H:== 4C62E6 2 46C2>:4 p7C:42? |2D<[ D<6E49 @FC ?2>6 :? r9:?6D6 2?5 >F49 >@C6j S`d]__j #64C62E:@?2= pCE $EF5:@j chdh w:89H2J ch $@FE9 w2CC:D3FC8] k2 9C67lQ9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^ae\`_b_2>\``b_2>\2CE\2C@F?5\E96\H@C=5\27C:42\2>A\49:?2Qm9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^ae\`_b_2>\``b_2>\2CE\2C@F?5\E96\H@C=5\27C:42\2>A\49:?2k^2m ]k^Am
kAmkDEC@?8mu@C E96 {@G6 @7 }2EFC6 \ qF:=5 *@FC ~H? q:C59@FD6i $2EFC52J u63CF2CJ h[ `_\`` 2>jk^DEC@?8m r@>6 D9@H J@FC =@G6 3J >2<:?8 2 3:C59@FD6 7@C @FC 72:C\762E96C65 7C:6?5D E92E H:== 36 3F:=5:?8 E96:C ?6DED 2?5 C2:D:?8 323:6D D@@?] tIA=@C6 ?6DE 3F:=5:?8 2?5 :ED G:D:E@CD] (6 H:== 7:?:D9 3J 3F:=5:?8 2?5 A2:?E:?8 2 3:C59@FD6 E@ 92?8 :? J@FC J2C5P !C6\C68:DEC2E:@? :D C6BF:C65 3J u63CF2CJ f[ C68:DE6C 2E k2 9C67lQ9EEAi^^HHH]4232CCFD4@F?EJ]FD^C68:DE6CQmHHH]4232CCFD4@F?EJ]FD^C68:DE6Ck^2m] r2>A %]}] $A6?46C !2C< b`dd u@I7@C5 #s[ r@?4@C5j k2 9C67lQ9EEAi^^8@]24E:G642=6?52C]4@>^4232CCFD4@F?EJ^D:E6^AF3=:4^6G6?E^7@C\E96\=@G6\@7\?2EFC6\\\3F:=5\J@FC\@H?\3:C59@FD6^Qm9EEAi^^8@]24E:G642=6?52C]4@>^4232CCFD4@F?EJ^D:E6^AF3=:4^6G6?E^7@C\E96\=@G6\@7\?2EFC6\\\3F:=5\J@FC\@H?\3:C59@FD6^k^2mk^Am
kAm k^Am
kAmkDEC@?8m&!r~|x}vk^DEC@?8mk^Am
kAmkDEC@?8m~=5 r@FCE9@FD6 %962EC6 pF5:E:@?D 7@Ck^DEC@?8m kDEC@?8m|@@?=:89E 2?5 |28?@=:2Dk^DEC@?8mj |@?52J[ kDEC@?8mu63CF2CJ `` U2>Aj %F6D52J[ u63CF2CJ `a[ f A>jk^DEC@?8m `hbh w@==JH@@5 :D 23FKK] {686?52CJ AC@5F46C s2G:5 ~] $6=K?:4< 92D D9FE 5@H? AC@5F4E:@? @7 9:D ?6H 6A:4[ v@?6 H:E9 E96 (:?5] %96 D4C66?A=2J[ J@F D66[ ;FDE 5@6D?VE H@C<] $@ H92EVD 2? 2==\A@H6C7F= >@G:6 >@8F= E@ 5@n ~=5 r@FCE9@FD6 %962EC6[ ch $AC:?8 $EC66E }([ r@?4@C5j k2 9C67lQ9EEAi^^HHH]@4E4@?4@C5]4@>^Qm9EEAi^^HHH]@4E4@?4@C5]4@>^k^2m]k^Am
kAmkDEC@?8mtI9:3:E:@?i $6=64E:@?Dj %9FCD52J[ u63CF2CJ `c \ %9FCD52J[ pAC:= `gk^DEC@?8mj 2 D6=64E:@? @7 H@C<D 49@D6? 3J r232CCFD pCED r@F?4:= rFC2E@C #636442 r@==:?Dj 7C66 2?5 @A6? E@ E96 AF3=:4j DA@?D@C65 3J w:==:2C5 u2>:=J u@F?52E:@?j %96 v2==6C:6D a_`g\a_`h $62D@? $A@?D@Ci !$}r t?6C8Jj %96 v2==6C:6D’ 9@FCDi |@?52J – uC:52J[ h 2> – d A>[ 5FC:?8 u2>:=J s2JD 2?5 pCE (2=<D 2?5 @?6 9@FC 367@C6 2 A6C7@C>2?46 :? E96 s2G:D %962EC6j r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ 5@H?E@H? r@?4@C5j k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]r232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mpC@F?5 %96 (@C=5i p7C:42 U2>Aj r9:?2 %9FCD52J u63CF2CJ `cjk^DEC@?8m `_ib_2> – ``ib_2>] y@:? FD 7@C @FC pCE w:DE@CJ D6C:6Di pCE pC@F?5 %96 (@C=5] %9:D H66< H6 H:== G:D:E p7C:42 2?5 r9:?2 H96C6 H6 H:== 4C62E6 2 46C2>:4 p7C:42? |2D<[ D<6E49 @FC ?2>6 :? r9:?6D6 2?5 >F49 >@C6j S`d]__j #64C62E:@?2= pCE $EF5:@j chdh w:89H2J ch $@FE9 w2CC:D3FC8] k2 9C67lQ9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^ae\`_b_2>\``b_2>\2CE\2C@F?5\E96\H@C=5\27C:42\2>A\49:?2\8eKC3Qm9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^ae\`_b_2>\``b_2>\2CE\2C@F?5\E96\H@C=5\27C:42\2>A\49:?2\8eKC3k^2mk^Am
kAmkDEC@?8m#64C62E:@?2= pCE $EF5:@i r@FA=6D !2:?E:?8 – %9FCD52J[ u63CF2CJ `c[ f\`_ A>jk^DEC@?8m vC23 J@FC 72G@C:E6 A6CD@? 2?5 ;@:? FD 2D H6 A2:?E @? %H@ `gIaa 42?G2D] p86 `eZ] $<:== =6G6=i 62DJj c_j #64C62E:@?2= pCE $EF5:@j chdh w:89H2J ch $@FE9[ w2CC:D3FC8j k2 9C67lQ9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^;2?F2CJa_`h\42=6?52C\@7\6G6?ED^a^`cQm9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^;2?F2CJa_`h\42=6?52C\@7\6G6?ED^a^`ck^2mk^Am
kAmkDEC@?8m%96 |@56C? v6?E=6>6?j $2EFC52J[ u63CF2CJ `e[ c U2>Aj g A>jk^DEC@?8m E96 G@:46D @7 E96 uC2?<: '2==: D9@H 7@C E96 =2DE 5@K6? J62CD[ %96 |@56C? v6?E=6>6? 4C@@? E96 8C62E D@?8D 7C@> E96 ‘e_D[ ‘f_D 2?5 ‘g_Dj E:4<6EDi Scdj E:4<6ED 2C6 2G2:=23=6 @?=:?6 Wk2 9C67lQ9EEADi^^4232CCFD2CED4@F?4:=]@C8^52G:D\E962EC6^4FCC6?E\D62D@?Qm9EEADi^^4232CCFD2CED4@F?4:=]@C8^52G:D\E962EC6^4FCC6?E\D62D@?k^2mX @C E9C@F89 E96 q@I ~77:46 Wf_c\ha_\afdbX |@?52J – uC:52J[ h 2> – d A> :? E96 r232CCFD pCED r@F?4:=j E96 s2G:D %962EC6 `_kDFAmE9k^DFAm p??:G6CD2CJ $62D@? :D DA@?D@C65 3J t>32DDJ $F:E6D r92C=@EE6\r@?4@C5 2?5 :D DFAA@CE65 :? A2CE 3J 2? 2H2C5 7C@> E96 }2E:@?2= t?5@H>6?E 7@C E96 pCEDj r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ r@?4@C5] k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8m#64C62E:@?2= pCE $EF5:@i (62G:?8 (@C<D9@A $F?52J u63CF2CJ[ `fj c\e A>jk^DEC@?8m y@:? FD 2D H6 4C62E6 2 @?6 @C 2 <:?8 H2== 92?8:?8] }@ 6IA6C:6?46 ?646DD2CJ[ H6 H:== E6249 J@F DE6A 3J DE6A] p== >2E6C:2=D 2C6 :?4=F565j p86 `bZj Sa_j #64C62E:@?2= pCE $EF5:@j chdh w:89H2J ch $@FE9j w2CC:D3FC8j k2 9C67lQ9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^;2?F2CJa_`h\42=6?52C\@7\6G6?ED^a^`fH2==92?8:?8Qm9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^;2?F2CJa_`h\42=6?52C\@7\6G6?ED^a^`fH2==92?8:?8k^2mk^Am
kAmkDEC@?8mpCE pC@F?5 %96 (@C=5i pFDEC2=:2 U2>Aj |6I:4@ (65?6D52J u63CF2CJ a_jk^DEC@?8m `_ib_2> – ``ib_2>] kDEC@?8m k^DEC@?8m~FC a?5 pCE w:DE@CJ 4=2DD H:== 7@4FD @? pFDEC2=:2 2?5 |6I:4@ H96C6 H6 H:== 6IA=@C6 pFDEC2=:2? 5@E A2:?E:?8 2?5 >F49 >@C6j S`d]__j #64C62E:@?2= pCE $EF5:@j chdh w:89H2J ch $@FE9 w2CC:D3FC8] k2 9C67lQ9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^aa_\`_b_2>\``b_2>\2CE\2C@F?5\E96\H@C=5\2FDEC2=:2\2>A\>6I:4@Qm9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^aa_\`_b_2>\``b_2>\2CE\2C@F?5\E96\H@C=5\2FDEC2=:2\2>A\>6I:4@k^2m]k^Am
kAmkDEC@?8mpCE (2=<j uC:52J[ u63CF2CJ aa[ e \ h A>jk^DEC@?8m E@FC %96 v2==6C:6D’ k6>m$6=64E:@?Dk^6>m 6I9:3:E:@?[ E96? DEC@== 5@H?E@H? r@?4@C5 2D 5@K6?D @7 2CE:DED D6== E96:C H@C<Dj 7C66 2?5 @A6? E@ E96 AF3=:4j DA@?D@C65 3J (2DE6 !C@j %96 v2==6C:6D @7 E96 r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ r@?4@C5j k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m] %@ D:8? FA 2D 2 G6?5@C[ 4@>A=6E6 E96 7@==@H:?8 7@C>Di k2 9C67lQ9EEADi^^8@@]8=^7@C>D^GE*aB6'yv&>|g}H)aQm9EEADi^^8@@]8=^7@C>D^GE*aB6'yv&>|g}H)ak^2mj (2:G6Cik2 9C67lQ9EEADi^^8@@]8=^7@C>D^K4*:__tvc~%w*sA_bQm9EEADi^^8@@]8=^7@C>D^K4*:__tvc~%w*sA_bk^2mk^Am
kAmkDEC@?8mu@4FD:?8 @? E96 u&}52>6?E2=D @7 !9@E@8C2A9J U?52D9j $2EFC52J[ u63CF2CJ ab[ `_ 2> U?52D9j d A>jk^DEC@?8m %9:D :?:E:2= 5:G6 :?E@ A9@E@8C2A9J H:== E6249 9@H E@ F?56CDE2?5 =:89E[ D66 56E2:=D[ 4@=@C[ 7@C>[ A2EE6C?[ 2?5 FE:=:K6 4@>A@D:E:@?2= 2?5 E649?:42= 6=6>6?ED E@ 4C62E6 >@C6 :?EC:8F:?8 2?5 DF446DD7F= A9@E@8C2A9D] *@F H:== =62C? 2A6CEFC6[ D9FEE6C DA665[ x$~[ E96 4C62E:G6 AFCA@D6D @7 7@42= =6?8E9D[ 2?5 9@H E@ A9@E@8C2A9 :? pA6CEFC6 !C:@C:EJ[ $9FEE6C $A665 !C:@C:EJ 2?5 |2?F2= |@56]U?3DAjkDEC@?8m$FAA=:6Dik^DEC@?8m qC:?8 J@FC s${# @C >:CC@C=6DD 42>6C2[ 7F==J 492C865 H:E9 2 >6>@CJ 42C5 7C66 @7 DA246j #64@>>6?565 7@C 286D `aZj S`b_ A6C A6CD@?j #68:DE6C @?=:?6i k2 9C67lQ9EEADi^^8@@]8=^7@C>D^G<g)2G*!egrDA5?abQm9EEADi^^8@@]8=^7@C>D^G<g)2G*!egrDA5?abk^2mj #68:DEC2E:@? 2?5 A2J>6?E C6BF:C65 3J a^`dj %96 r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $@FE9[ r@?4@C5j k2 9C67lQ9EEAi^^r232CCFD2CED4@F?4:=]@C8Qmr232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mpCE {23j (65?6D52J[ u63CF2CJ af[ `_ 2>jk^DEC@?8m DA64:2==J E:>65 7@C E96 9@>6D49@@= 4@>>F?:EJ[ pCE {23 :?4=F56D 2 8F:565 E@FC @7 %96 v2==6C:6D 6I9:3:E:@?[ $6=64E:@?D[ 2?5 2 7F?[ 92?5D\@? 2CE 24E:G:EJj C64@>>6?565 7@C 286D fZj Sdj C68:DE6C 2E k2 9C67lQ9EEADi^^4232CCFD2CED4@F?4:=]@C8^2CED\65F42E:@?^2CE\=23Qm9EEADi^^4232CCFD2CED4@F?4:=]@C8^2CED\65F42E:@?^2CE\=23k^2mj %96 v2==6C:6D @7 E96 r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ r@?4@C5j k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mpCE pC@F?5 %96 (@C=5i pFDEC2=:2 U2>Aj |6I:4@ %9FCD52J u63CF2CJ agkDFAmE9k^DFAm a_`hjk^DEC@?8m `_ib_2> – ``ib_2>] kDEC@?8m k^DEC@?8m~FC a?5 pCE w:DE@CJ 4=2DD H:== 7@4FD @? pFDEC2=:2 2?5 |6I:4@ H96C6 H6 H:== 6IA=@C6 pFDEC2=:2? 5@E A2:?E:?8 2?5 >F49 >@C6j S`d]__j #64C62E:@?2= pCE $EF5:@j chdh w:89H2J ch $@FE9 w2CC:D3FC8] k2 9C67lQ9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^aa_\`_b_2>\``b_2>\2CE\2C@F?5\E96\H@C=5\2FDEC2=:2\2>A\>6I:4@\baKh2Qm9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^aa_\`_b_2>\``b_2>\2CE\2C@F?5\E96\H@C=5\2FDEC2=:2\2>A\>6I:4@\baKh2k^2mk^Am
kAmkDEC@?8my:> pG6EEj uC:52J[ |2C49 `[ g A>jk^DEC@?8m r232CCFD r@F?EJ ?2E:G6 y:> pG6EE EC2G6=D 24C@DD E96 4@F?ECJ A6C7@C>:?8 8@DA6= 2?5 4@F?ECJ[ 3FE 96 2=H2JD >2<6D E:>6 7@C s2G:D %962EC6 2F5:6?46Dj E:4<6EDi Sa_jE:4<6ED 2C6 2G2:=23=6 @?=:?6 Wk2 9C67lQ9EEADi^^4232CCFD2CED4@F?4:=]@C8^52G:D\E962EC6^4FCC6?E\D62D@?Qm9EEADi^^4232CCFD2CED4@F?4:=]@C8^52G:D\E962EC6^4FCC6?E\D62D@?k^2mX @C E9C@F89 E96 q@I ~77:46 Wf_c\ha_\afdbX |@?52J – uC:52J[ h 2> – d A> :? E96 r232CCFD pCED r@F?4:=j E96 s2G:D %962EC6 `_kDFAmE9k^DFAm p??:G6CD2CJ $62D@? :D DA@?D@C65 3J t>32DDJ $F:E6D r92C=@EE6\r@?4@C5 2?5 :D DFAA@CE65 :? A2CE 3J 2? 2H2C5 7C@> E96 }2E:@?2= t?5@H>6?E 7@C E96 pCEDj r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ r@?4@C5] k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mpCE pC@F?5 E96 (@C=5i x?5:2 U2>Aj &$p (65?6D52J |2C49 ejk^DEC@?8m `_ib_2> – ``ib_2>]~FC =2DE :? 2 D6C:6D @7 b pCE w:DE@CJ 4=2DD6D H6 H:== 6IA=@C6 x?5:2 2?5 E96 &$p] x? x?5:2 H6 H:== 5:D4FDD E96 2CE @7 w6??2 %2EE@@:?8 2?5 FD6 @FC 92?5D 2?5 2C>D 2D @FC 42?G2D] %96? H6 H:== >@G6 @? E@ E96 &?:E65 $E2E6D 2?5 E2=< 23@FE A@AF=2C &$ 2CE:DED 2?5 4C62E6 @FC @H? r@?46?EC:4 r:C4=6D 2CEH@C<] S`d]__j #64C62E:@?2= pCE $EF5:@j chdh w:89H2J ch $@FE9j k2 9C67lQ9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^be\`_b_2>\``b_2>\2CE\2C@F?5\E96\H@C=5\:?5:2\2>A\FD2Qm9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^be\`_b_2>\``b_2>\2CE\2C@F?5\E96\H@C=5\:?5:2\2>A\FD2k^2mk^Am
kAmkDEC@?8mpCE @? %2A’D s@H?E@H? s:D4@j uC:52J[ |2C49[ g[ fA>jk^DEC@?8m !FE @? J@FC 3FEE6C7=J 4@==2CD 2?5 36==3@EE@>D uC:52J ?:89E H96? %96 v2==6C:6D EFC? :? $EF5:@ ed 7@C s@H?E@H? s:D4@j !C@76DD:@?2= 52?46 :?DECF4E@C v=6??2 (:=D@? H:== 36 E96C6 E@ >2<6 DFC6 6G6CJ@?6 <?@HD 9@H E@ 86E E96:C 8C@@G6 @?j 7C66 7@C >6>36CD^ Sa_ 7@C ?@?>6>36CDj {@@< 7@C E96 u2463@@< 6G6?E 4@>:?8 D@@?i k2 9C67lQ9EEADi^^HHH]72463@@<]4@>^2CE@?E2A4232CCFD^Qm9EEADi^^HHH]72463@@<]4@>^2CE@?E2A4232CCFD^k^2mj pCE @? %2A :D 2 >6>36CD9:A @C82?:K2E:@? 7@C J@F?8 AC@76DD:@?2=D a`Zj >6>36CD9:A 56E2:=D 2E k2 9C67lQ9EEADi^^4232CCFD2CED4@F?4:=]@C8^4@>>F?:EJ^J@F?8\AC@76DD:@?2=DQm9EEADi^^4232CCFD2CED4@F?4:=]@C8^4@>>F?:EJ^J@F?8\AC@76DD:@?2=Dk^2mj r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ r@?4@C5j k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mpCE pC@F?5 E96 (@C=5i x?5:2 U2>Aj &$p %9FCD52J |2C49 `cjk^DEC@?8m `_ib_2> – ``ib_2>]~FC =2DE :? 2 D6C:6D @7 b pCE w:DE@CJ 4=2DD6D H6 H:== 6IA=@C6 x?5:2 2?5 E96 &$p] x? x?5:2 H6 H:== 5:D4FDD E96 2CE @7 w6??2 %2EE@@:?8 2?5 FD6 @FC 92?5D 2?5 2C>D 2D @FC 42?G2D] %96? H6 H:== >@G6 @? E@ E96 &?:E65 $E2E6D 2?5 E2=< 23@FE A@AF=2C &$ 2CE:DED 2?5 4C62E6 @FC @H? r@?46?EC:4 r:C4=6D 2CEH@C<] S`d]__j #64C62E:@?2= pCE $EF5:@j chdh w:89H2J ch $@FE9j k2 9C67lQ9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^be\`_b_2>\``b_2>\2CE\2C@F?5\E96\H@C=5\:?5:2\2>A\FD2\K923IQm9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^be\`_b_2>\``b_2>\2CE\2C@F?5\E96\H@C=5\:?5:2\2>A\FD2\K923Ik^2mk^Am
kAmkDEC@?8m(6 q2?;@ bj %9FCD52J[ |2C49 `c[ fib_ A>jk^DEC@?8m ;FDE :? E:>6 7@C $E] !2EC:4<’D s2J[E9:D2H2C5 \H:??:?8 BF2CE6E 7C@> xC6=2?5 4@>3:?6D xC:D9 >FD:4 H:E9 3=F68C2DD 2?5 p>6C:42?2] %:4<6EDi Sbdj E:4<6ED 2C6 2G2:=23=6 @?=:?6 Wk2 9C67lQ9EEADi^^4232CCFD2CED4@F?4:=]@C8^52G:D\E962EC6^4FCC6?E\D62D@?Qm9EEADi^^4232CCFD2CED4@F?4:=]@C8^52G:D\E962EC6^4FCC6?E\D62D@?k^2mX @C E9C@F89 E96 q@I ~77:46 Wf_c\ha_\afdbX |@?52J – uC:52J[ h 2> – d A> :? E96 r232CCFD pCED r@F?4:=j E96 s2G:D %962EC6 `_kDFAmE9k^DFAm p??:G6CD2CJ $62D@? :D DA@?D@C65 3J t>32DDJ $F:E6D r92C=@EE6\r@?4@C5 2?5 :D DFAA@CE65 :? A2CE 3J 2? 2H2C5 7C@> E96 }2E:@?2= t?5@H>6?E 7@C E96 pCEDj r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ r@?4@C5] k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8m%6IE:=6 pCEi (65?6D52J |2C49 a_jk^DEC@?8m `_ib_2> – ``ib_2>] (6 H:== 6IA=@C6 H92E “E6IE:=6 2CE” >62?D 2?5 E96? 4C62E6 @FC @H? DEC:?8 2CE @? H@@5] t249 A2CE:4:A2?E H:== 49@@D6 2 DE6?4:= H96C6 H6 H:== EC246 :E @? E@ E96 H@@5 DFC7246 E@ 96=A FD 4C62E6 @FC DEC:?8 D92A6j S`d]__j #64C62E:@?2= pCE $EF5:@j chdh w:89H2J ch $@FE9j w2CC:D3FC8j k2 9C67lQ9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^ba_\`_b_2>\``b_2>\E6IE:=6\2CEQm9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^ba_\`_b_2>\``b_2>\E6IE:=6\2CEk^2mk^Am
kAmkDEC@?8m%6IE:=6 pCEi %9FCD52J |2C49 agjk^DEC@?8m `_ib_2> – ``ib_2>] (6 H:== 6IA=@C6 H92E “E6IE:=6 2CE” >62?D 2?5 E96? 4C62E6 @FC @H? DEC:?8 2CE @? H@@5] t249 A2CE:4:A2?E H:== 49@@D6 2 DE6?4:= H96C6 H6 H:== EC246 :E @? E@ E96 H@@5 DFC7246 E@ 96=A FD 4C62E6 @FC DEC:?8 D92A6j S`d]__j #64C62E:@?2= pCE $EF5:@j chdh w:89H2J ch $@FE9j w2CC:D3FC8j k2 9C67lQ9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^ba_\`_b_2>\``b_2>\E6IE:=6\2CE\cA2f8Qm9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^9@>6D49@@=\4=2DD6D^ba_\`_b_2>\``b_2>\E6IE:=6\2CE\cA2f8k^2mk^Am
kAmkDEC@?8mu2>:=J s2Jj $2EFC52J[ pAC:= e[ ` \ c A>jk^DEC@?8m >2<6 J@FC @H? 2CEH@C< 2E 4C62E:@? DE2E:@?D DAC625 E9C@F89@FE %96 v2==6C:6Dj 56D:8?65 7@C AC6D49@@= E9C@F89 6=6>6?E2CJ D49@@= 286j 7C66 2?5 @A6? E@ E96 AF3=:4j DA@?D@C65 3J pEC:F> w62=E9j t= !F6?E6 w:DA2?@ Wk2 9C67lQ9EEADi^^HHH]72463@@<]4@>^6=AF6?E69:DA2?@^Qm9EEADi^^HHH]72463@@<]4@>^6=AF6?E69:DA2?@^k^2mX :D 2 u2>:=J s2J !2CE?6Cj %96 v2==6C:6D @7 E96 r232CCFD pCED r@F?4:=[ ed &?:@? $E][ $@FE9[ r@?4@C5j k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mpCE9FC %C246i %96 pCE7F= s646:G6Cj $2EFC52J[ pAC:= e[ c U2>Aj g A>jk^DEC@?8m pCE9FC %C246 :D 2 >2DE6C @7 D=6:89E @7 92?5 >28:4 2?5 2 EC62E 7@C E96 >:?5[ D6?D6D 2?5 7F??J 3@?6j E96 c A> A6C7@C>2?46 :D 2 D9@CE6C AC@8C2>[ C64@>>6?565 7@C 72>:=:6D H:E9 D>2== 49:=5C6?j E:4<6EDi c A> D9@H \ Sa_ 25F=E^S`_ J@FE9 U2>Aj g A> D9@H \ Sb_j E:4<6ED 2C6 2G2:=23=6 @?=:?6 Wk2 9C67lQ9EEADi^^4232CCFD2CED4@F?4:=]@C8^52G:D\E962EC6^4FCC6?E\D62D@?Qm9EEADi^^4232CCFD2CED4@F?4:=]@C8^52G:D\E962EC6^4FCC6?E\D62D@?k^2mX @C E9C@F89 E96 q@I ~77:46 Wf_c\ha_\afdbX |@?52J – uC:52J[ h 2> – d A> :? E96 r232CCFD pCED r@F?4:=j E96 s2G:D %962EC6 `_kDFAmE9k^DFAm p??:G6CD2CJ $62D@? :D DA@?D@C65 3J t>32DDJ $F:E6D r92C=@EE6\r@?4@C5 2?5 :D DFAA@CE65 :? A2CE 3J 2? 2H2C5 7C@> E96 }2E:@?2= t?5@H>6?E 7@C E96 pCEDj r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ r@?4@C5] k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mpCE {23j (65?6D52Jj pAC:= `f[ `_ 2>jk^DEC@?8m DA64:2==J E:>65 7@C E96 9@>6D49@@= 4@>>F?:EJ[ pCE {23 :?4=F56D 2 8F:565 E@FC @7 %96 v2==6C:6D 6I9:3:E:@?[ $6=64E:@?D[ 2?5 2 7F?[ 92?5D\@? 2CE 24E:G:EJj C64@>>6?565 7@C 286D fZj Sdj C68:DE6C 2E k2 9C67lQ9EEADi^^4232CCFD2CED4@F?4:=]@C8^2CED\65F42E:@?^2CE\=23Qm9EEADi^^4232CCFD2CED4@F?4:=]@C8^2CED\65F42E:@?^2CE\=23k^2mj %96 v2==6C:6D @7 E96 r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ r@?4@C5j k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8m%96 uC655J r@=6 "F2CE6Ej %F6D52J[ pAC:= b_[ fib_ A>jk^DEC@?8m “z:?8” r@=6’D J@F?86C 3C@E96C 42? 9@=5 9:D @H? 2?5 92D 4C62E65 9:D @H? 7@==@H:?8 :? E96 ;2KK H@C=5j E:4<6EDiSbdj E:4<6ED 2C6 2G2:=23=6 @?=:?6 Wk2 9C67lQ9EEADi^^4232CCFD2CED4@F?4:=]@C8^52G:D\E962EC6^4FCC6?E\D62D@?Qm9EEADi^^4232CCFD2CED4@F?4:=]@C8^52G:D\E962EC6^4FCC6?E\D62D@?k^2mX @C E9C@F89 E96 q@I ~77:46 Wf_c\ha_\afdbX |@?52J – uC:52J[ h 2> – d A> :? E96 r232CCFD pCED r@F?4:=j >65:2 DA@?D@Ci (upt h_]f u|j E96 s2G:D %962EC6 `_kDFAmE9k^DFAm p??:G6CD2CJ $62D@? :D DA@?D@C65 3J t>32DDJ $F:E6D r92C=@EE6\r@?4@C5 2?5 :D DFAA@CE65 :? A2CE 3J 2? 2H2C5 7C@> E96 }2E:@?2= t?5@H>6?E 7@C E96 pCEDj r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ r@?4@C5] k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mtI9:3:E:@?i ~? !2A6Cj %9FCD52J[ |2J `e – uC:52J[ yF=J aejk^DEC@?8m H@C<D 4C62E65 @? A2A6Cj 7C66 2?5 @A6? E@ E96 AF3=:4j DA@?D@C65 3J w:==:2C5 u2>:=J u@F?52E:@?j %96 v2==6C:6D a_`g\a_`h $62D@? $A@?D@Ci !$}r t?6C8Jj %96 v2==6C:6D’ 9@FCDi |@?52J – uC:52J[ h 2> – d A>[ 5FC:?8 u2>:=J s2JD 2?5 pCE (2=<D 2?5 @?6 9@FC 367@C6 2 A6C7@C>2?46 :? E96 s2G:D %962EC6j r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ 5@H?E@H? r@?4@C5j k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]r232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mqC62<72DE 7@C E96 pCEDj uC:52J[ |2J `f[ fib_ 2>jk^DEC@?8m E96 qC62<72DE 7@C E96 pCED 7F?5C2:D6C D6CG6D FA 49:=5C6?UCDBF@jD A6C7@C>2?46D 2?5 :?DA:C2E:@?2= DA62<6CD E@ D9@H E96 :>A24E @7 E96 2CED @? @FC 4@>>F?:EJj C6D6CG2E:@?D 2C6 C6BF:C65 7@C E9:D 7C66 6G6?Ej 6>2:= k2 9C67lQ>2:=E@i}2E2D92o4232CCFD2CED4@F?4:=]@C8Qm}2E2D92o4232CCFD2CED4@F?4:=]@C8k^2m @C 42== E96 r232CCFD pCED r@F?4:= 2E f_c\ha_\afdbj !C6D6?E:?8 $A@?D@Ci t>32DDJ $F:E6Dj k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mpCE (2=<j uC:52J[ |2J b`[ e h A>jk^DEC@?8m E@FC %96 v2==6C:6D’ k6>m~? !2A6Ck^6>m 6I9:3:E:@?[ E96? DEC@== 5@H?E@H? r@?4@C5 2D 5@K6?D @7 2CE:DED D6== E96:C H@C<Dj 7C66 2?5 @A6? E@ E96 AF3=:4j DA@?D@C65 3J (2DE6 !C@j %96 v2==6C:6D @7 E96 r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ r@?4@C5j k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mpCE {23j (65?6D52J[ yF?6 `a[ `_ 2>j jk^DEC@?8m DA64:2==J E:>65 7@C E96 9@>6D49@@= 4@>>F?:EJ[ pCE {23 :?4=F56D 2 8F:565 E@FC @7 %96 v2==6C:6D 6I9:3:E:@?[ ~? !2A6C[ 2?5 2 7F?[ 92?5D\@? 2CE 24E:G:EJj C64@>>6?565 7@C 286D fZj Sdj C68:DE6C 2E k2 9C67lQ9EEADi^^4232CCFD2CED4@F?4:=]@C8^2CED\65F42E:@?^2CE\=23Qm9EEADi^^4232CCFD2CED4@F?4:=]@C8^2CED\65F42E:@?^2CE\=23k^2mj %96 v2==6C:6D @7 E96 r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ r@?4@C5j k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8mu2>:=J s2Jj $2EFC52J[ yF?6 aa[ ` \ c A>jk^DEC@?8m >2<6 J@FC @H? 2CEH@C< 2E 4C62E:@? DE2E:@?D DAC625 E9C@F89@FE %96 v2==6C:6Dj 56D:8?65 7@C AC6D49@@= E9C@F89 6=6>6?E2CJ D49@@= 286j 7C66 2?5 @A6? E@ E96 AF3=:4j t= !F6?E6 w:DA2?@ Wk2 9C67lQ9EEADi^^HHH]72463@@<]4@>^6=AF6?E69:DA2?@^Qm9EEADi^^HHH]72463@@<]4@>^6=AF6?E69:DA2?@^k^2mX :D 2 u2>:=J s2J !2CE?6Cj %96 v2==6C:6D @7 E96 r232CCFD pCED r@F?4:=[ ed &?:@? $E][ $@FE9[ r@?4@C5j k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8m~}v~x}vk^DEC@?8mk^Am
kAmkDEC@?8mp4E:G:E:6D :? %96 v2==6C:6Djk^DEC@?8m |@?52J E9C@F89 uC:52J[ h 2> – d A> 5FC:?8 6I9:3:E:@?Dj kDEC@?8mpCE q@I –k^DEC@?8m q@I6D 7F== @7 2CE >2E6C:2=D 2?5 :?DECF4E:@?D AC@G:56 8F:565 2CE AC@;64ED 7@C 49:=5C6? @7 2== 286D H96? E96J G:D:E %96 v2==6C:6D] %96 AC@;64ED C6=2E6 E@ E96 4FCC6?E 6I9:3:E:@?[ 2?5 E96 2CEH@C< 42? 36 >256 C:89E 96C6 :? %96 v2==6C:6D[ @? E96 7C@?E DE6AD[ @C @FED:56 @? E96 =2H?] kDEC@?8mx $AJ $42G6?86C wF?E –k^DEC@?8m v6E 2 D42G6?86C =:DE 2E E96 7C@?E 56D<[ E96? D62C49 E96 2CE :? %96 v2==6C:6D 7@C 6G6CJE9:?8 @? :E] xE’D 2 7F? 82>6 7@C 2== 286D[ 2?5 2 8C62E H2J E@ A:4< FA E96 56E2:=D @7 2CEH@C<] kDEC@?8m%9:?< 23@FE :E –k^DEC@?8m ~FC 8F:565 BF6DE:@??2:C6 :D 7F== @7 4@=@C7F= A:4EFC6D @7 2CEH@C< 244@>A2?:65 3J 4@?G6CD2E:@? DE2CE6CD DF49 2D[ Q(92E BF6DE:@?D H@F=5 J@F 2D< E9:D 2CE:DE :7 96 @C D96 H6C6 96C6 C:89E ?@HnQ %9:D 24E:G:EJ :D 8C62E 7@C 2?J@?6 H9@ H2?ED E@ 6I2>:?6 2CEH@C<D :? 2 ?6H H2J]k^Am
kAmtI9:3:E:@?Di r=2J – %9FCD52J[ }@G6>36C g – $2EFC52J[ y2?F2CJ ae[ a_`hjk^Am
kAm$6=64E:@?D – %9FCD52J[ u63CF2CJ `c – %9FCD52J[ pAC:= `gj ~? !2A6C – %9FCD52J[ |2J `e – uC:52J[ yF=J aej r232CCFD pCED r@F?4:=[ ed &?:@? $EC66E $[ r@?4@C5j k2 9C67lQ9EEAi^^HHH]4232CCFD2CED4@F?4:=]@C8^QmHHH]4232CCFD2CED4@F?4:=]@C8k^2m]k^Am
kAmkDEC@?8me_ >:?FE6 !@EE6CJ (966= tIA6C:6?46i $66 (63D:E6 7@C y2?F2CJ a_`h r2=6?52Cjk^DEC@?8m y@:? #64C62E:@?2= pCE $EF5:@ :? 2 8C62E 4=2DD 7@C E9@D6 H@?56C:?8 23@FE 4=2J 2?5 H966= E9C@H:?8] #64C62E:@?2= pCE $EF5:@ <66AD E9:D 4=2DD D>2==[ a\c A6@A=6 D@ J@F 42? 86E 92?5D @? :?DECF4E:@?] x? E9:D e_ >:?FE6 D6DD:@? J@F H:== =62C? E96 32D:4D @7 E9C@H:?8 2?5 92?5\3F:=5:?8j Sb_]__j #64C62E:@?2= pCE $EF5:@[ chdh w:89H2J ch $@FE9 w2CC:D3FC8] k2 9C67lQ9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^5646>36C\A@EE6CJ\H966=^Qm9EEADi^^C64C62E:@?2=2CEDEF5:@]4@>^5646>36C\A@EE6CJ\H966=^k^2mk^Am
kAmkDEC@?8mr=62C H2E6C 2CE:DE DEF5:@Di {62C? E96 p86\~=5 pCE @7 !2DE6=Dj $66 (63D:E6 7@C #68:DEC2E:@?jk^DEC@?8m !2DE6= r=2DD6D 2C6 @776C65 3J #68:?2 qFC496EE @? 2? :?5:G:5F2= @C D>2== 8C@FA 32D:D] r=2DD6D 2C6 EJA:42==J a 9@FCD :? =6?8E9[ 2?5 E96 >2E6C:2=D 2C6 :?4=F565 7@C E96 7:CDE EH@ 4=2DD6D] x?5:G:5F2= 4=2DD6D 2C6 Sb_ A6C EH@ 9@FC D6DD:@?j r=62CH2E6C 2CE:DE DEF5:@Dj aab rC@H6== s# }([ r@?4@C5] k2 9C67lQ9EEAi^^HHH]4=62CH2E6C2CE:DED]4@>^4=2DD6D^Qm9EEAi^^HHH]4=62CH2E6C2CE:DED]4@>^4=2DD6D^k^2m ]k^Am
kAmkDEC@?8m$2EFC52J }:89E s2?46i fi__\`_i__ A>jk^DEC@?8m %96 D64@?5 2?5 7@FCE9 $2EFC52J @7 E96 >@?E9 E96C6 H:== 36 2 =:G6 32?5 2E E96 $6?:@C r6?E6C \ r@?4@C5] s@@CD @A6? 2E eib_ A>] Se A6C A6CD@? 2E E96 5@@C F?=6DD @E96CH:D6 ?@E65j bb` r@C32? pG6[ r@?4@C5 }r ag_adj k2 9C67lQ9EEAi^^8@]24E:G642=6?52C]4@>^4232CCFD4@F?EJ^D:E6^AF3=:4^6G6?E^D2EFC52J\?:89E\52?46\ca^Qm9EEAi^^8@]24E:G642=6?52C]4@>^4232CCFD4@F?EJ^D:E6^AF3=:4^6G6?E^D2EFC52J\?:89E\52?46\ca^k^2mk^Am
kAmkDEC@?8m{JC:4D U2>Aj {2F89Dj 7:CDE U2>Aj E9:C5 %F6D52J @7 6249 >@?E9[ ` \ a A>jk^DEC@?8m 4@>6 D:E 2C@F?5[ D:?8 J@FC 962CE @FE 2?5 D>:=6 2=@?8 E96 H2Jj $6?:@C r6?E6C[ bb` r@C32? pG6[ r@?4@C5j k2 9C67lQ9EEAi^^HHH]4232CCFD4@F?EJ]FD^QmHHH]4232CCFD4@F?EJ]FDk^2m]k^Am
kAmkDEC@?8m'@:46 2?5 !6C7@C>2?46 {6DD@?Dk^DEC@?8m –E62496C 2?5 AC@76DD:@?2= D:?86C^A6C7@C>6C s2?:6= %CF9:EE6[ 7C@> k6>m%96 $@F?5 @7 |FD:4k^6>m 72>6j 2G2:=23=6 7@C DEF56?ED @7 2== 286D 2?5 D<:== =6G6=Dj :562= 7@C E9@D6 :?E6C6DE65 :? D:?8:?8 AC@76DD:@?2==J[ 7@C D49@@= 2?5 49FC49 A6C7@C>2?46D[ @C ;FDE 7@C 7F?j 7@C >@C6 :?7@C>2E:@?[ 6>2:= k2 9C67lQ>2:=E@i52?:6=ECF9:EE6o8>2:=]4@>Qm52?:6=ECF9:EE6o8>2:=]4@>k^2m @C 42== f_c\fh`\h`__]k^Am
kAmkDEC@?8m~A6? |:4 }:89E^{:G6 |FD:4 –k^DEC@?8m 6?;@J @A6? >:4 ?:89E 6G6CJ (65?6D52J[ 2?5 =:G6 >FD:4 6G6CJ uC:52J 2?5 $2EFC52J 2E {:=’ #@36CE’D !=246 %2AD[ ad &?:@? $EC66E $@FE9[ s@H?E@H? r@?4@C5] uC66] k2 9C67lQ9EEAi^^HHH]72463@@<]4@>^{:=#@36CED!=246QmHHH]72463@@<]4@>^{:=#@36CED!=246k^2m]k^Am
kA 4=2DDlQ7@?EfQmkDEC@?8mp4E@CD @7 %@>@CC@Hk^DEC@?8m U?52D9j 2 ?@?\AC@7:E 49:=5C6?UCDBF@jD E962EC6 @C82?:K2E:@? 7@C J@FE9 @7 2?J E962EC6 6IA6C:6?46[ e_`a q2J7:6=5 !2C<H2J[ $E6] bf_[ r@?4@C5 k2 9C67lQ9EEAi^^HHH]24E@CD@7E@>@CC@H]@C8QmHHH]24E@CD@7E@>@CC@H]@C8k^2m]k^Am
kAmkDEC@?8mpCE r=2DD6D 2E qC6?52’D pCE $EF5:@j |@?52JD[ %F6D52JD @C %9FCD52JD –k^DEC@?8m J@FE9 4=2DD6D[ cib_\eib_ A>j 24E:G:E:6D :?4=F56 5C2H:?8[ A2:?E:?8[ 4@==286[ A@EE6CJ 2?5 D4F=AEFC6] p5F=E 4=2DD6D[ e\g A>j 24E:G:E:6D :?4=F56 5C2H:?8[ A2:?E:?8[ A@EE6CJ @C D4F=AEFC6j qC6?52 w2C5:?i f_c\fge\gdf_j k2 9C67lQ>2:=E@iqC6?5292C5:?`oH:?5DEC62>]?6EQmqC6?5292C5:?`oH:?5DEC62>]?6Ek^2m]k^Am
kAmkDEC@?8mpCE:DE s6>@?DEC2E:@?D 2?5 ~A6? $EF5:@D –k^DEC@?8m r=62C(2E6C’D v2==6CJ :D @A6? (65?6D52J –uC:52J[ }@@?\dA>[ 6G6CJ akDFAm?5k^DFAm $2EFC52J[ `_ 2> – c A> @C 3J 2AA@:?E>6?Ej 7C66 2?5 @A6? E@ E96 AF3=:4j %96 r=62C(2E6C v2==6CJ[ aab rC@H6== sC:G6 }([ r@?4@C5j k2 9C67lQ9EEAi^^HHH]4=62CH2E6C2CE:DED]4@>^Qm4=62CH2E6C2CE:DED]4@>k^2m]k^Am
kA 4=2DDlQ5672F=EQmkDEC@?8mrC62E:G6 r@??64E:@?D –k^DEC@?8m p?6H 8C@FA >62?E E@ 3C:?8 E@86E96C 2== E96 2CED 2?5 4F=EFC6 25G@42E6D :? @FC 4@>>F?:EJ E@ 5:D4@G6C H9@ :D 96C6 E@ H@C< H:E9 2?5 3F:=5 @FC 4C62E:G6 4@>>F?:EJ :? r232CCFD r@F?EJj @A6? E@ 2== 2CE:DED[ 7C@> 36==J 52?46CD E@ HC:E6CD[ ;F88=6CD E@ BF:=E6CD[ 2CE 6G6?E @C82?:K6CD H6=4@>6 2D H6==j 7@C >@C6 :?7@C>2E:@? 23@FE E96 ?6IE >66E:?8[ G:D:E k2 9C67lQ9EEAi^^HHH]72463@@<]4@>^rC62E:G6r@??64E:@?Dr232CCFD^QmHHH]72463@@<]4@>^rC62E:G6r@??64E:@?Dr232CCFD^k^2mk^Am
kAmkDEC@?8m$@FE96C? !:65>@?E (@@5EFC?6CD – bkDFAmC5k^DFAm %F6D52J 6G6?:?8 >@?E9=J –k^DEC@?8m >@?E9=J 56>@?DEC2E:@?D[ "U2>Ajp $6DD:@?D[ 2?5 D@>6E:>6D 92?5D\@? @AA@CEF?:E:6D E@ ECJ ?6H E649?:BF6Dj 2?J@?6 :?E6C6DE65 :? H@@5EFC?:?8 :D H6=4@>6 E@ G:D:E 2?5 ;@:?j aab rC@H6== $E[ r@?4@C5 2E r=62CH2E6C pCE:DE $EF5:@Dj k2 9C67lQ9EEAi^^HHH]DAH@@5EFC?6CD]4@>^Qm9EEAi^^HHH]DAH@@5EFC?6CD]4@>k^2m]k^Am
kAmk6>m%96 r232CCFD pCED r@F?4:= 4@?EC:3FE6D %96 pCED 2?5 t?E6CE2:?>6?E 4@=F>?[ H9:49 9:89=:89ED E96 2CED :? r232CCFD r@F?EJ[ E@ E96 x?56A6?56?E %C:3F?6 6249 (65?6D52J] U?3DAj!=62D6 FD6 E96 4@?E24E :?7@C>2E:@? AC@G:565 E@ 4@?7:C> E96 56E2:=D @7 6G6?ED]U?3DAj x7 J@F H@F=5 =:<6 J@FC 2CED :?7@C>2E:@? E@ 36 4@?D:56C65 7@C :?4=FD:@?[ A=62D6 6>2:= t=:D236E9 %9@C?E@? 2E k2 9C67lQ>2:=E@i6=:D236E9o4232CCFD2CED4@F?4:=]@C8Qm6=:D236E9o4232CCFD2CED4@F?4:=]@C8k^2m]k^6>mk^Am

