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

ɂɡɩɨɥɡɜɚɧɟɧɚɬɚɣɦɟɪɚ

ɂɡɩɨɥɡɜɚɧɟɧɚɬɚɣɦɟɪɚɡɚɤɪɚɣɧɚɝɨɬɜɟɧɟɬɨ

ɂɡɩɨɥɡɜɚɧɟɧɚɟɥɟɤɬɪɨɧɧɢɹɩɪɨɝɪɚɦɚɬɨɪ

ɇɚɫɬɪɨɣɤɚɧɚɬɨɱɧɨɬɨɜɪɟɦɟ

Ɍɚɣɦɟɪ



ɂɧɫɬɪɭɤɰɢɢɡɚɪɚɛɨɬɚ



ɋɴɞɴɪɠɚɧɢɟ

ȻȽ

ɌȿɏɇɂɄȺɇȺȻȿɁɈɉȺɋɇɈɋɌ



ɈȻɓɂɆȿɊɄɂɁȺȻȿɁɈɉȺɋɇɈɋɌ

Ȼɥɚɝɨɞɚɪɢɦȼɢɱɟɢɡɛɪɚɯɬɟɟɞɢɧɨɬɧɚɲɢɬɟɩɪɨɞɭɤɬɢ Ɂ ɚɞɚɢɦɚɬɟɜɴɡɦɨɠɧɨɧɚɣɞɨɛɴɪɪɟɡɭɥɬɚɬɩɪɢɢɡɩɨɥɡɜɚɧɟɬɨɧɚɮɭɪɧɚɬɚ

ɜɧɢɦɚɬɟɥɧɨɩɪɨɱɟɬɟɬɟɬɨɜɚɪɴɤɨɜɨɞɫɬɜɨɉɪɟɩɨɪɴɱɜɚɦɟȼɢɞɚɡɚɩɚɡɢɬɟɧɚɫɬɨɹɳɨɬɨɪɴɤɨɜɨɞɫɬɜɨɡɚɦɨɧɬɚɠɢɟɤɫɩɥɨɚɬɚɰɢɹɢɩɪɢ

ɧɭɠɞɚɞɚɫɟɨɛɪɴɳɚɬɟɤɴɦɧɟɝɨ

Ʉɨɝɚɬɨɭɪɟɞɴɬɟɜɟɤɫɩɥɨɚɬɚɰɢɹɜɫɢɱɤɢɞɨɫɬɴɩɧɢɱɚɫɬɢɫɚɝɨɪɟɳɢȼɧɢɜɚɣɬɟɞɚɧɟɫɟɞɨɤɨɫɜɚɬɟɞɨɬɟɡɢɟɥɟɦɟɧɬɢ

ɉɪɢɩɴɪɜɢɹɬɩɭɫɤɧɚɮɭɪɧɚɬɚɦɨɠɟɞɚɫɟɭɫɟɬɢɧɟɩɪɢɹɬɧɚɦɢɪɢɡɦɚɌɨɜɚɫɬɚɜɚɡɚɳɨɬɨɢɡɨɥɚɰɢɨɧɧɢɬɟɟɥɟɦɟɧɬɢɫɟɡɚɝɪɹɜɚɬɡɚ

ɩɴɪɜɢɩɴɬɌɨɜɚɟɚɛɫɨɥɸɬɧɨɧɨɪɦɚɥɧɨɢɧɹɦɚɩɨɜɨɞɡɚɩɪɢɬɟɫɧɟɧɢɟɂɡɱɚɤɚɣɬɟɭɪɟɞɚɞɚɢɡɫɬɢɧɟɢɝɨɡɚɛɴɪɲɟɬɟɞɨɛɪɟɋɥɟɞ

ɬɨɜɚɟɝɨɬɨɜɡɚɧɨɪɦɚɥɧɚɟɤɫɩɥɨɚɬɚɰɢɹ

ȿɞɧɚɮɭɪɧɚɩɨɫɜɨɹɬɚɫɴɳɧɨɫɬɧɚɪɚɛɨɬɚɫɬɚɜɚɦɧɨɝɨɝɨɪɟɳɚɈɫɨɛɟɧɨɫɬɴɤɥɨɬɨɧɚɜɪɚɬɚɬɚɧɚɮɭɪɧɚɬɚ

ɑɚɫɬɢɬɟɧɚɬɨɡɢɭɪɟɞɤɨɢɬɨɦɨɝɚɬɞɚɜɥɹɡɚɬɜɤɨɧɬɚɤɬɫɯɪɚɧɢɫɴɨɬɜɟɬɫɬɜɚɬɧɚɪɚɡɩɨɪɟɞɛɢɬɟɧɚȾɢɪɟɤɬɢɜɚȿɂɈ

Ⱦɟɤɥɚɪɚɰɢɹɡɚɫɴɨɬɜɟɬɫɬɜɢɟ

ɋɥɟɞɤɚɬɨɪɚɡɨɩɚɤɨɜɚɬɟɮɭɪɧɚɬɚɭɜɟɪɟɬɟɫɟɱɟɬɹɧɟɟɛɢɥɚɩɨɜɪɟɞɟɧɚɩɨɧɹɤɚɤɴɜɧɚɱɢɧȺɤɨɢɦɚɬɟɧɹɤɚɤɜɢɫɴɦɧɟɧɢɹɧɟɹ

ɢɡɩɨɥɡɜɚɣɬɟɫɜɴɪɠɟɬɟɫɟɫɤɜɚɥɢɮɢɰɢɪɚɧɱɨɜɟɤɋɴɯɪɚɧɹɜɚɣɬɟɨɩɚɤɨɜɴɱɧɢɬɟɦɚɬɟɪɢɚɥɢɤɚɬɨɧɚɣɥɨɧɨɜɢɬɨɪɛɢɱɤɢɩɨɥɢɫɬɢɪɨɥ

ɢɥɢɩɢɪɨɧɢɢɡɜɴɧɨɛɫɟɝɚɧɚɞɟɰɚɡɚɳɨɬɨɬɟɫɚɨɩɚɫɧɢɡɚɬɹɯ

ɉɨɫɬɚɜɹɣɤɢɢɦɚɪɤɢɪɚɣɤɢɬɨɡɢɩɪɨɞɭɤɬɧɢɟɞɟɤɥɚɪɢɪɚɦɟɧɚɧɚɲɚɨɬɝɨɜɨɪɧɨɫɬɱɟɬɨɣɟɜɫɴɨɬɜɟɫɬɜɢɟɫɴɫɜɫɢɱɤɢ

ȿɜɪɨɩɟɣɫɤɢɢɡɢɫɤɜɚɧɢɹɡɚɛɟɡɨɩɚɫɬɧɨɫɬɡɞɪɚɜɧɢɢɟɤɨɥɨɝɢɱɧɢɧɨɪɦɢ

ȻȽ

ɉɊȿȾɍɉɊȿɀȾȿɇɂȿȻɢɬɨɜɢɹɬɟɥɟɤɬɪɨɭɪɟɞɢɧɟɝɨɜɢɬɟɨɬɤɪɢɬɢɱɚɫɬɢɩɨɜɪɟɦɟɧɚɪɚɛɨɬɚɦɨɝɚɬɞɚɫɟɧɚɝɪɟɹɬ

ɞɨɜɢɫɨɤɚɬɟɦɩɟɪɚɬɭɪɚȻɴɞɟɬɟɜɧɢɦɚɬɟɥɧɢɢɧɟɫɟɞɨɤɨɫɜɚɣɬɟɞɨɬɹɯ

ɉɊȿȾɍɉɊȿɀȾȿɇɂȿɞɨɫɬɴɩɧɢɬɟ ɱɚɫɬɢɦɨɝɚɬɞɚɫɬɚɧɚɬɝɨɪɟɳɢɤɨɝɚɬɨɮɭɪɧɚɬɚɫɟɢɡɩɨɥɡɜɚȾɟɰɚɬɚ

ɬɪɹɛɜɚɞɚɛɴɞɚɬɞɴɪɠɚɧɢɧɚɛɟɡɨɩɚɫɧɨɪɚɡɫɬɨɹɧɢɟ

ɌɨɡɢɛɢɬɨɜɟɥɟɤɪɨɭɪɟɞɦɨɠɟɞɚɫɟɢɡɩɨɥɡɜɚɨɬɞɟɰɚɩɨɝɨɥɟɦɢɨɬɝɨɞɢɧɢɚɫɴɳɨɢRɬɯɨɪɚɫɧɚɪɭɲɟɧɢ

ɭɦɫɬɜɟɧɢɢɥɢɮɢɡɢɱɟɫɤɢɜɴɡɦɨɠɧɨɫɬɢɢɥɢɛɟɡɧɟɨɛɯɨɞɢɦɢɹɬɨɩɢɬɫɚɦɨɤɨɝɚɬɨɫɚɩɨɞɧɚɛɥɸɞɟɧɢɟɢɫɚ

ɢɧɫɬɪɭɤɬɢɪɚɧɢɨɬɧɨɫɧɨɛɟɡɨɩɚɫɧɨɬɨɢɡɩɨɥɡɜɚɧɟɧɚɭɪɟɞɚɢɡɧɚɹɬɡɚ

ɫɴɳɟɫɬɜɭɜɚɳɢɬɟɨɩɚɫɧɨɫɬɢ

ɇɟɪɚɡɪɟɲɚɜɚɣɬɟɧɚɞɟɰɚɞɚɢɝɪɚɹɬɫɮɭɪɧɚɬɚ

ɉɨɱɢɫɬɜɚɧɟɬɨɢɨɛɫɥɭɠɜɚɧɟɧɚɛɢɬɨɜɢɹɬɭɪɟɞɧɟɬɪɹɛɜɚɞɚɫɟɢɡɜɴɪɲɜɚɨɬɞɟɰɚɛɟɡɧɚɞɡɨɪɜɴɡɪɚɫɬɧɢ

ȻɢɬɨɜɢɹɬɭɪɟɞɩɨɜɪɟɦɟɧɚɫɜɨɹɬɚɪɚɛɨɬɚɫɟɧɚɝɪɹɜɚɞɨɜɢɫɨɤɚɬɟɦɩɟɪɚɬɭɪɚȻɴɞɟɬɟɜɧɢɦɚɬɟɥɧɢɢɧɟ

ɞɨɤɨɫɜɚɣɬɟɧɚɝɪɟɜɚɬɟɥɧɢɬɟɟɥɟɦɟɧɬɢɪɚɡɩɨɥɨɠɟɧɢɜɴɜɜɴɬɪɟɲɧɨɫɬɬɚɧɚɮɭɪɧɚɬɚ

ɉɊȿȾɍɉɊȿɀȾȿɇɂȿȻɢɬɨɜɢɹɬɟɥɟɤɬɪɨɭɪɟɞɢɧɟɝɨɜɢɬɟɨɬɤɪɢɬɢɱɚɫɬɢɩɨɜɪɟɦɟɧɚɪɚɛɨɬɚɦɨɝɚɬɞɚɫɟ

ɧɚɝɪɟɹɬɚɞɨɜɢɫɨɤɚɬɟɦɩɟɪɚɬɭɪɚɇɟɪɚɡɪɟɲɚɜɚɣɬɟɞɨɧɟɝɨɞɚɫɟɞɨɤɨɫɜɚɬɦɚɥɤɢɞɟɰɚ

ɇɟɢɡɩɨɥɡɜɚɣɬɟɡɚɩɨɱɢɫɬɜɚɧɟɧɚɫɬɴɤɥɟɧɚɬɚɩɨɜɴɪɯɧɨɫɬɧɚɜɪɚɬɚɬɚɚɛɪɚɡɢɜɧɢɩɨɱɢɫɬɜɚɳɢɩɪɟɩɚɪɚɬɢɢ

ɝɴɛɢɫɦɟɬɚɥɧɢɱɚɫɬɢɰɢɢɥɢɫɬɴɪɝɚɥɤɢɌɟɦɨɝɚɬɞɚɧɚɞɪɚɫɤɚɬɩɨɜɴɪɯɧɨɫɬɬɚɤɨɟɬɨɞɚɞɨɜɟɞɟɞɨɧɚɩɭɤɜɚɧɟ

ɢɥɢɞɨɪɢɫɱɭɩɜɚɧɟɧɚɫɬɴɤɥɨɬɨ

ɉɪɟɞɢɞɚɩɨɱɢɫɬɢɬɟɮɭɪɧɚɬɚɬɪɹɛɜɚɞɚɦɚɯɧɟɬɟɪɟɲɟɬɤɚɬɚɩɪɢɡɚɞɴɥɠɢɬɟɥɧɨɢɡɤɥɸɱɟɧɭɪɟɞɋɥɟɞ

ɩɨɱɢɫɬɜɚɧɟɬɨɩɨɫɬɚɜɟɬɟɨɬɧɨɜɨɪɟɲɟɬɤɚɬɚɩɨɧɚɱɢɧɚɨɩɢɫɚɧɜɢɧɫɬɪɭɤɰɢɢɬɟ

ɂɡɩɨɥɡɜɚɣɬɟɫɚɦɨɬɚɤɴɜɬɟɦɩɟɪɚɬɭɪɟɧɞɚɬɱɢɤɤɚɤɴɜɬɨɟɩɪɟɩɨɪɴɱɚɧɨɬɩɪɨɢɡɜɨɞɢɬɟɥɹ

ɇɟɢɡɩɨɥɡɜɚɣɬɟɩɚɪɨɱɢɫɬɚɱɤɚɩɪɢɩɨɱɢɫɬɜɚɧɟɧɚɭɪɟɞɚ

 ɋɜɴɪɠɟɬɟ ɳɟɩɫɟɥ ɤɴɦ ɡɚɯɪɚɧɜɚɳɢɹ ɤɚɛɟɥ ɤɨɣɬɨ ɟ ɜ ɫɴɫɬɨɹɧɢɟ ɞɚ ɩɨɧɟɫɟ ɧɚɩɪɟɠɟɧɢɟɬɨ ɬɨɤɚ ɢ

ɧɚɬɨɜɚɪɜɚɧɟɬɨɭɤɚɡɚɧɢɧɚɬɚɛɟɥɤɚɬɚɢɢɦɚɤɨɧɬɚɤɬɡɚɡɚɡɟɦɹɜɚɧɟɓɟɩɫɟɥɴɬɬɪɹɛɜɚɞɚɟɩɨɞɯɨɞɹɳɡɚ

ɬɨɜɚɪɚ ɩɨɫɨɱɟɧ ɜɴɪɯɭ ɟɬɢɤɟɬɚ ɢ ɬɪɹɛɜɚ ɞɚ ɢɦɚ ɫɜɴɪɡɚɧ ɤɴɦ ɡɚɡɟɦɹɜɚɳ ɤɨɧɬɚɤɬ ɤɨɣɬɨ ɞɚ ɪɚɛɨɬɢ

ɁɚɡɟɦɹɜɚɳɢɹɬɩɪɨɜɨɞɧɢɤɟɠɴɥɬɨɡɟɥɟɧɧɚɰɜɹɬɌɚɡɢɨɩɟɪɚɰɢɹɬɪɹɛɜɚɞɚɫɟɢɡɜɴɪɲɜɚɨɬɤɜɚɥɢɮɢɰɢɪɚɧ

ɫɩɟɰɢɚɥɢɫɬȼɫɥɭɱɚɣɧɚɧɟɫɴɜɦɟɫɬɢɦɨɫɬɦɟɠɞɭɤɨɧɬɚɤɬɚɢɳɟɩɫɟɥɚɧɚɭɪɟɞɚɩɨɩɢɬɚɣɬɟɤɜɚɥɢɮɢɰɢɪɚɧ

ɟɥɟɤɬɪɨɬɟɯɧɢɤɤɨɣɬɨɞɚɡɚɦɟɧɢɤɨɧɬɚɤɬɚɫɞɪɭɝɩɨɞɯɨɞɹɳɬɢɩɓɟɩɫɟɥɴɬɢɤɨɧɬɚɤɬɴɬɬɪɹɛɜɚɞɚɨɬɝɨɜɚɪɹɬ

ɧɚɞɟɣɫɬɜɚɳɢɬɟɧɨɪɦɢɧɚɞɴɪɠɚɜɚɬɚɧɚɢɧɫɬɚɥɚɰɢɹɬɚɋɜɴɪɡɜɚɧɟɬɨɤɴɦɢɡɬɨɱɧɢɤɚɧɚɡɚɯɪɚɧɜɚɧɟɦɨɠɟɞɚ

ɫɟɢɡɜɴɪɲɢɢɱɪɟɡɩɨɫɬɚɜɹɧɟɧɚɭɧɢɜɟɪɫɚɥɟɧɩɪɟɤɴɫɜɚɱɦɟɠɞɭɭɪɟɞɚɢɢɡɬɨɱɧɢɤɚɧɚɡɚɯɪɚɧɜɚɧɟɤɨɣɬɨ

ɦɨɠɟ ɞɚ ɩɨɧɟɫɟ ɦɚɤɫɢɦɚɥɧɨ ɫɜɴɪɡɚɧɨ ɧɚɬɨɜɚɪɜɚɧɟ ɢ ɤɨɣɬɨ ɟ ɜ ɫɴɨɬɜɟɬɫɬɜɢɟ ɫ ɞɟɣɫɬɜɚɳɨɬɨ

ɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨɀɴɥɬɨɡɟɥɟɧɢɹɬɡɚɡɟɦɹɜɚɲɤɚɛɟɥɧɟɬɪɹɛɜɚɞɚɫɟɩɪɟɤɴɫɜɚɨɬɩɪɟɤɴɫɜɚɱɚȽɧɟɡɞɨɬɨɢɥɢ

ɫɜɪɴɡɤɚɬɚɢɡɩɨɥɡɜɚɧɚɡɚɜɪɴɡɤɚɬɚɬɪɹɛɜɚɞɚɫɚɥɟɫɧɨɞɨɫɬɴɩɧɢɤɨɝɚɬɨɭɪɟɞɴɬɟɦɨɧɬɢɪɚɧ

ɉɪɟɤɴɫɜɚɧɟɬɨɧɚɜɪɴɡɤɚɬɚɦɨɠɟɞɚɫɟɩɨɫɬɢɝɧɟɱɪɟɡɞɨɫɬɴɩɧɨɫɬɧɚɳɟɩɫɟɥɚɢɥɢɱɪɟɡɜɤɥɸɱɜɚɧɟɧɚ

ɩɪɟɜɤɥɸɱɜɚɬɟɥɜɧɟɩɨɞɜɢɠɧɨɬɨɨɤɚɛɟɥɹɜɚɧɟɜɫɴɨɬɜɟɬɫɬɜɢɟɫɩɪɚɜɢɥɚɬɚɡɚɨɤɚɛɟɥɹɜɚɧɟ

 Ⱥɤɨ ɡɚɯɪɚɧɜɚɳɢɹɬ ɤɚɛɟɥ ɟ ɩɨɜɪɟɞɟɧ ɬɨɣ ɬɪɹɛɜɚ ɞɚ ɛɴɞɟ ɡɚɦɟɧɟɧ ɫ ɤɚɛɟɥ ɢɥɢ ɫɩɟɰɢɚɥɟɧ ɩɚɤɟɬ

ɩɪɟɞɨɫɬɚɜɟɧɨɬɩɪɨɢɡɜɨɞɢɬɟɥɹɢɥɢɤɚɬɨɫɟɫɜɴɪɠɟɬɟɫɨɬɞɟɥɚɡɚɨɛɫɥɭɠɜɚɧɟɧɚɤɥɢɟɧɬɢ

ȼɢɞɴɬɧɚɡɚɯɪɚɧɜɚɳɢɹɤɚɛɟɥɬɪɹɛɜɚɞɚɟ+99)

ɇɟɫɩɚɡɜɚɧɟɬɨɧɚɝɨɪɧɨɬɨɦɨɠɟɞɚɡɚɫɬɪɚɲɢɛɟɡɨɩɚɫɧɨɫɬɬɚɧɚɭɪɟɞɚɢɞɚɨɛɟɡɫɢɥɢɝɚɪɚɧɰɢɹɬɚ

ɉɪɟɞɢɩɨɱɢɫɬɜɚɧɟɬɨɬɪɹɛɜɚɞɚɫɟɢɡɜɚɞɢɢɡɥɢɲɴɤɴɬɨɬɪɚɡɥɟɬɢɹɦɚɬɟɪɢɚɥ

ɉɨɜɪɟɦɟɧɚɩɢɪɨɥɢɡɧɢɹɩɪɨɰɟɫɧɚɩɨɱɢɫɬɜɚɧɟɩɨɜɴɪɯɧɨɫɬɢɬɟɦɨɝɚɬɞɚɫɟɧɚɝɪɟɹɬɩɨɜɟɱɟɨɬɨɛɢɱɚɣɧɨɬɨ

ɩɨɪɚɞɢɬɨɜɚɞɟɰɚɬɚɬɪɹɛɜɚɞɚɫɟɞɴɪɠɚɬɧɚɛɟɡɨɩɚɫɧɨɪɚɡɫɬɨɹɧɢɟ

ɍɪɟɞɴɬɧɟɬɪɹɛɜɚɞɚɫɟɦɨɧɬɢɪɚɡɚɞɞɟɤɨɪɚɬɢɜɧɚɜɪɚɬɚɡɚɞɚɫɟɢɡɛɟɝɧɟɩɪɟɝɪɹɜɚɧɟ

Ʉɨɝɚɬɨɩɨɫɬɚɜɢɬɟɪɚɮɬɚɜɴɬɪɟɭɜɟɪɟɬɟɫɟɱɟɫɬɨɩɟɪɴɬɟɧɚɫɨɱɟɧɧɚɝɨɪɟɢɜɡɚɞɧɚɬɚɱɚɫɬɧɚɤɭɯɢɧɚɬɚ

Ɋɚɮɬɴɬɬɪɹɛɜɚɞɚɛɴɞɟɩɴɯɧɚɬɢɡɰɹɥɨɜɤɭɯɢɧɚɬɚ

ɉɊȿȾɍɉɊȿɀȾȿɇɂȿɇɟɨɛɥɢɰɨɜɚɣɬɟɫɬɟɧɢɬɟɧɚɮɭɪɧɚɬɚɫɚɥɭɦɢɧɢɟɜɨɮɨɥɢɨɢɥɢɞɪɭɝɢɦɚɬɟɪɢɚɥɢɡɚ

ɟɞɧɨɤɪɚɬɧɚɭɩɨɬɪɟɛɚɤɨɢɬɨɫɟɩɪɨɞɚɜɚɬɜɦɚɝɚɡɢɧɢɬɟɄɨɝɚɬɨɜɥɹɡɚɬɜɩɪɹɤɞɨɫɟɝɫɧɚɝɨɪɟɳɟɧɢɹɟɦɚɣɥ

ɫɴɳɟɫɬɜɭɜɚ ɪɢɫɤ ɚɥɭɦɢɧɢɟɜɨɬɨ ɮɨɥɢɨ ɢ ɞɪɭɝɢ ɩɨɞɨɛɧɢ ɦɚɬɟɪɢɚɥɢ ɞɚ ɫɟ ɪɚɡɬɨɩɹɬ ɢ ɞɚ ɩɨɜɪɟɞɹɬ

ɟɦɚɣɥɢɪɚɧɚɬɚɜɴɬɪɟɲɧɚɩɨɜɴɪɯɧɨɫɬ

ɉɊȿȾɍɉɊȿɀȾȿɇɂȿɇɢɤɨɝɚɧɟɫɜɚɥɹɣɬɟɭɩɥɴɬɧɟɧɢɟɬɨɧɚɜɪɚɬɚɬɚɧɚɮɭɪɧɚɬɚ

ɋɜɴɪɡɜɚɧɟɤɴɦɁȺɏɊȺɇȼȺɇȿɌɈ

ɋɴɜɟɬɢɡɚɛɟɡɨɩɚɫɧɨɫɬ

Ɇɨɧɬɚɠ

Ɇɨɧɬɚɠɴɬɟɨɬɝɨɜɨɪɧɨɫɬɧɚɤɥɢɟɧɬɚɉɪɨɢɡɜɨɞɢɬɟɥɢɬɟɧɟɫɚ

ɡɚɞɴɥɠɟɧɢɞɚɨɫɴɳɟɫɬɜɹɜɚɬɬɚɡɢɞɟɣɧɨɫɬ

ɂɧɫɬɪɭɤɰɢɢɬɟɡɚɦɨɧɬɚɠɧɚɩɪɨɮɟɫɢɨɧɚɥɧɨɤɜɚɥɢɮɢɰɢɪɚɧ

ɩɟɪɫɨɧɚɥɬɪɹɛɜɚɞɚɫɟɫɩɚɡɜɚɬɇɟɩɪɚɜɢɥɧɢɹɬɦɨɧɬɚɠɦɨɠɟɞɚ

ɩɪɢɱɢɧɢɜɪɟɞɚɢɥɢɧɚɪɚɧɹɜɚɧɟɧɚɯɨɪɚɠɢɜɨɬɧɢɢɥɢɜɟɳɢ

ɉɪɨɢɡɜɨɞɢɬɟɥɹɬɧɟɦɨɠɟɞɚɧɨɫɢɨɬɝɨɜɨɪɧɨɫɬɡɚɬɟɡɢɳɟɬɢɢɥɢ

ɧɚɪɚɧɹɜɚɧɢɹ

Ⱥɤɨɢɫɤɚɬɟɮɭɪɧɚɬɚɜɢɞɚɪɚɛɨɬɢɧɨɪɦɚɥɧɨɬɪɹɛɜɚɤɨɪɩɭɫɚɧɚ

ɤɭɯɧɹɬɚɜɢɞɚɟɩɨɞɯɨɞɹɳɉɚɧɟɥɢɬɟɧɚɤɭɯɧɟɧɫɤɢɛɥɨɤɤɨɢɬɨ

ɫɚɜɧɟɩɨɫɪɟɞɫɬɜɟɧɚɛɥɢɡɨɫɬɞɨɩɟɳɬɚɬɪɹɛɜɚɞɚɛɴɞɟ

ɧɚɩɪɚɜɟɧɨɬɬɟɪɦɨɭɫɬɨɣɱɢɜɦɚɬɟɪɢɚɥɍɛɟɞɟɬɟɫɟɱɟɜɫɢɱɤɢ

ɦɚɬɟɪɢɚɥɢɦɨɝɚɬɞɚɢɡɞɴɪɠɚɬɧɚɧɚɝɪɹɜɚɧɟɞɨɝɪɚɞɭɫɚȼ

ɩɪɨɬɢɜɟɧɫɥɭɱɚɣɦɨɠɟɞɚɫɟɪɚɡɬɨɩɹɬɢɞɚɩɨɜɪɟɞɹɬɭɪɟɞɚ

ɋɥɟɞɤɚɬɨɮɭɪɧɚɬɚɫɟɦɨɧɬɢɪɚɟɥɟɤɬɪɢɱɟɫɤɢɬɟɤɨɦɩɨɧɟɧɬɢ

ɬɪɹɛɜɚɞɚɫɟɢɡɨɥɢɪɚɬɌɨɜɚɟɡɚɤɨɧɨɜɨɢɡɢɫɤɜɚɧɟɡɚ

ɛɟɡɨɩɚɫɧɨɫɬȼɫɢɱɤɢɩɪɟɞɩɚɡɢɬɟɥɢɬɪɹɛɜɚɞɚɛɴɞɚɬɡɞɪɚɜɨ

ɮɢɤɫɢɪɚɧɢɧɚɦɹɫɬɨɬɚɤɚɱɟɟɧɟɜɴɡɦɨɠɧɨɞɚɛɴɞɚɬ

ɨɬɫɬɪɚɧɟɧɢɛɟɡɩɨɦɨɳɬɚɧɚɫɩɟɰɢɚɥɧɢɢɧɫɬɪɭɦɟɧɬɢ

ɉɥɨɱɚɬɚɡɚɝɨɬɜɟɧɟɬɪɹɛɜɚɞɚɢɦɚɨɬɡɚɞɪɚɡɥɢɤɚɨɬɩɨɧɟ

PPɡɚɞɚɢɦɚɞɨɛɪɨɨɯɥɚɠɞɚɧɟ

ɇɟɨɛɯɨɞɢɦɨɟɞɚɫɟɧɚɩɪɚɜɢɩɴɪɜɨɧɚɱɚɥɧɨɩɨɱɢɫɬɜɚɧɟɧɚ

ɨɛɨɪɭɞɜɚɧɟɬɨɩɪɟɞɢɩɴɪɜɨɬɨɢɡɩɨɥɡɜɚɧɟɧɚɜɫɟɤɢɨɬɬɹɯ

ɂɡɦɢɣɬɟɝɢɫɝɴɛɚɂɡɩɥɚɤɧɟɬɟɢɩɨɞɫɭɲɟɬɟ

ɈȻɈɊɍȾȼȺɇȿɁȺɎɍɊɇȺɜɡɚɜɢɫɢɦɨɫɬɨɬɦɨɞɟɥɚ

Ɇɨɧɬɢɪɚɧɟɧɚɮɭɪɧɚɜɤɭɯɧɹɬɚ

ɉɨɫɬɚɜɟɬɟɮɭɪɧɚɬɚɜɩɪɨɫɬɪɚɧɫɬɜɨɬɨɜɤɭɯɧɹɬɚɬɨɦɨɠɟɞɚ

ɛɴɞɟɦɨɧɬɢɪɚɧɨɩɨɞɟɞɢɧɪɚɛɨɬɟɧɩɥɨɬɢɥɢɜɟɞɢɧɲɤɚɮ

Ɏɢɤɫɢɪɚɣɬɟɮɭɪɧɚɬɚɧɚɦɹɫɬɨɬɨɣɤɚɬɨɫɟɢɡɩɨɥɡɜɚɬɱɟɬɢɪɢɬɟ

ɮɢɤɫɢɪɚɳɢɨɬɜɨɪɚɜɪɚɦɤɚɬɚɮɢɝɧɚɩɨɫɥɟɞɧɚɬɚɫɬɪɚɧɢɰɚ

Ɂɚɞɚɧɚɦɟɪɢɬɟɨɬɜɨɪɢɬɟɡɚɡɚɤɪɟɩɜɚɧɟɨɬɜɨɪɟɬɟɜɪɚɬɚɬɚɧɚ

ɮɭɪɧɚɬɚɢɩɨɝɥɟɞɧɟɬɟɜɴɬɪɟɁɚɞɚɫɟɩɨɡɜɨɥɢɩɨɞɯɨɞɹɳɚ

ɜɟɧɬɢɥɚɰɢɹɢɡɦɟɪɜɚɧɢɹɬɚɢɪɚɡɫɬɨɹɧɢɹɬɚɩɨɫɨɱɟɧɢɜ

ɞɢɚɝɪɚɦɚɬɚɧɚɩɨɫɥɟɞɧɚɬɚɫɬɪɚɧɢɰɚɬɪɹɛɜɚɞɚɫɟɫɩɚɡɜɚɬ

ɁɚɛɟɥɟɠɤɚɁɚɮɭɪɧɢɤɨɢɬɨɫɚɤɨɦɛɢɧɢɪɚɧɢɫɤɨɬɥɨɧɢ

ɢɧɫɬɪɭɤɰɢɢɬɟɫɴɞɴɪɠɚɳɢɫɟɜɪɴɤɨɜɨɞɫɬɜɨɬɨɡɚɩɥɨɱɚɬɚ

ɬɪɹɛɜɚɞɚɫɟɫɩɚɡɜɚɬ

ȼɚɠɧɨ

ɇɚɫɤɚɪɚɬɚɦɨɠɟɞɚɫɟɫɥɚɝɚɬ

ɱɢɧɢɢɢɫɴɞɨɜɟ

Ɉɫɨɛɟɧɨɞɨɛɪɚɟɡɚɩɟɱɟɧɟɧɚ

ɝɪɢɥɂɡɩɨɥɡɜɚɣɬɟɹɡɚɟɞɧɨɫ

ɬɚɜɢɱɤɚɬɚɡɚɦɚɡɧɢɧɢ

ɋɩɟɰɢɚɥɧɢɹɬɩɪɨɮɢɥɧɚ

ɪɚɮɬɨɜɟɬɟɨɡɧɚɱɚɜɚɱɟɬɟɫɬɨɹɬ

ɯɨɪɢɡɨɧɬɚɥɧɨɞɨɪɢɤɨɝɚɬɨɫɟ

ɜɚɞɹɬɇɟɫɴɳɟɫɬɜɭɜɚɪɢɫɤɨɬ

ɪɚɡɥɢɜɚɧɟɧɚɹɫɬɢɟɬɨ

Ɍɚɜɢɱɤɚɬɚɭɥɚɜɹɫɨɤɨɜɟɬɟɨɬ

ɯɪɚɧɢɬɟɤɨɢɬɨɫɟɝɨɬɜɹɬɧɚ

ɫɤɚɪɚɬɚɂɡɩɨɥɡɜɚɫɟɫɚɦɨɫɝɪɢɥ

ɫɤɚɪɚɢɥɢ)DQ*ULOO$VVLVWHG

ɂɡɜɚɞɟɬɟɹ

ɚɤɨɢɡɩɨɥɡɜɚɬɟɞɪɭɝɢ

ɩɪɨɝɪɚɦɢ

ɇɢɤɨɝɚɧɟɢɡɩɨɥɡɜɚɣɬɟɬɚɜɚɬɚɡɚɭɥɚɜɹɧɟɧɚɫɨɤɨɜɟɤɚɬɨ

ɬɚɜɚɡɚɦɚɡɧɢɧɢɬɴɣɤɚɬɨɬɨɜɚɫɴɡɞɚɜɚɞɢɦɢɦɚɡɧɢɧɢɬɟ

ɳɟɢɡɩɪɴɫɤɚɬɢɡɚɦɴɪɫɹɬɮɭɪɧɚɬɚ

ɉɢɰɚ ɤɨɦɩɥɟɤɬ Ɂɚ ɞɚ ɫɟ ɩɨɥɭɱɚɬ

ɧɚɣɞɨɛɪɢ ɪɟɡɭɥɬɚɬɢ ɨɬ

ɤɨɦɩɥɟɤɬɚ ɬɪɹɛɜɚ ɞɚ ɫɟ ɢɡɩɨɥɡɜɚ

ɡɚɟɞɧɨɫɮɭɧɤɰɢɹɬɚɩɢɰɚ

Ɍɚɜɚɡɚɦɚɡɧɢɧɢ

ɂɞɟɚɥɧɚɟɡɚɩɟɱɟɧɟɧɚɝɪɢɥ

ɂɡɩɨɥɜɚɣɬɟɹɡɚɟɞɧɨɫ

ɪɟɲɟɬɤɚɬɚȼɤɥɸɱɟɧɚɟɢɞɪɴɠɤɚ

ɡɚɩɨɥɟɫɧɨɬɨɢɡɜɚɠɞɚɧɟɧɚɬɚ

ɟɥɟɦɟɧɬɚ

ɇȿɈɋɌȺȼəɃɌȿȾɊɔɀɄȺɌȺ

ȼɔȼɎɍɊɇȺɌȺ



ɋɜɚɥɹɧɟɢɩɨɱɢɫɬɜɚɧɟɧɚɦɟɬɚɥɧɢɬɟɫɬɟɥɚɠɢ

ɟɥɟɤɬɪɢɱɟɫɤɢ

ɫɩɚɡɜɚɬ

ɩɨɫɬɚɜɟɬɟ

ȻȽ

ɋɬɪɚɧɢɱɧɨ ɬɟɥ ɦɪɟɠɚɬɚ ɚɤɨ ɟ

ɜɤɥɸɱɟɧ

PO

ȼɫɹɤɚɮɭɪɧɚɢɦɚ ɮɭɧɤɰɢɹ

Ɍɨɜɚɞɚɜɚɜɴɡɦɨɠɧɨɫɬɡɚɭɩɪɚɜɥɟɧɢɟɧɚ

ɪɚɡɩɪɟɞɟɥɟɧɢɟɬɨɧɚɜɥɚɝɚɬɚɢɬɟɦɩɟɪɚɬɭɪɚɬɚɌɨɜɚ

ɧɚɦɚɥɹɜɚɡɚɝɭɛɚɬɚɧɚɜɥɚɝɚɫɤɨɟɬɨɝɚɪɚɧɬɢɪɚɱɟ

ɯɪɚɧɚɬɚɨɫɬɚɜɚɧɟɠɧɚɢɫɩɨɞɨɛɴɪɜɤɭɫɉɪɟɩɨɪɴɱɜɚ

ɫɟɡɚɩɟɱɟɧɟɧɚɯɥɹɛɢɫɥɚɞɤɚɪɫɤɢɢɡɞɟɥɢɹ

Ɏ ɭɪɧɢɬɟ ɢɦɚɬ ɟɥɟɤɬɪɨɧɟɧ ɤɨɧɬɪɨɥ ɧɚ ɫɤɨɪɨɫɬɬɚ ɧɚ

ɜɟɧɬɢɥɚɬɨɪɚɩɚɬɟɧɬɨɜɚɧ 9$5,2)$1ɉɨ ɜɪɟɦɟ ɧɚ ɝɨɬɜɟɧɟɬɚɡɢ

ɫɢɫɬɟɦɚ ɩɪɨɦɟɧɹ ɚɜɬɨɦɚɬɢɱɧɨ ɫɤɨɪɨɫɬɬɚ ɧɚ ɜɟɧɬɢɥɚɬɨɪɚ ɜ

ɦɧɨɝɨɮɭɧɤɰɢɨɧɚɥɧɢɹ ɪɟɠɢɦ ɡɚ ɞɚ ɫɟ ɨɩɬɢɦɢɡɢɪɚ ɜɴɡɞɭɲɧɢɹ

ɩɨɬɨɤɢɜɴɬɪɟɲɧɚɬɚɬɟɦɩɟɪɚɬɭɪɚɜɮɭɪɧɚɬɚ



ɉɨɥɟɡɧɢɫɴɜɟɬɢ

ɋɢɫɬɟɦɚɡɚɛɟɡɨɩɚɫɬɧɨɫɬɧɚɪɚɮɬɨɜɟɬɟ

Ɏɭɪɧɚɬɚɪɚɡɩɨɥɚɝɚɫɧɨɜɚɫɢɫɬɟɦɚ

ɡɚɛɟɡɨɩɚɫɧɨɫɬɧɚɪɚɮɬɚɌɨɜɚɜɢ

ɩɨɡɜɨɥɹɜɚɞɚɢɡɜɚɞɢɪɚɮɬɨɜɟɬɟɩɪɢ

ɩɪɨɜɟɪɤɚɬɚɧɚɯɪɚɧɚɬɚɛɟɡɨɩɚɫɧɨɫɬ

ɨɬɯɪɚɧɢɬɟɥɧɢɪɚɡɥɢɜɢɢɥɢɪɚɮɬɨɜɟ

ɩɨɩɚɞɚɳɢɫɥɭɱɚɣɧɨɨɬɮɭɪɧɚɬɚ

Ɂɚɞɚɢɡɜɚɞɢɬɟɪɚɮɬɨɜɟɬɟɢɡɜɚɞɟɬɟ

ɢɩɨɜɞɢɝɧɟɬɟ

Ƚ ɪɢɥ

ɉɟɱɟɧɟɬɨɩɨɡɜɨɥɹɜɚɞɚɫɟɞɚɞɟɧɚɯɪɚɧɚɬɚɛɴɪɡɨɤɚɮɹɜ

ɰɜɹɬɁɚɩɪɟɩɢɱɚɧɟɜɢɩɪɟɩɨɪɴɱɜɚɦɟɞɚɩɨɫɬɚɜɢɬɟɫɤɚɪɚɬɚ

ɜɴɪɯɭɱɟɬɜɴɪɬɨɬɨɧɢɜɨɜɡɚɜɢɫɢɦɨɫɬɨɬɩɪɨɩɨɪɰɢɢɬɟɧɚ

ɯɪɚɧɚɜɠɮɢɝɋɬɪ

ɉɨɱɬɢɜɫɢɱɤɢɦɟɫɚɦɨɝɚɬɞɚɫɟɩɪɢɝɨɬɜɚɬɧɚɝɪɢɥ

ɂɡɤɥɸɱɟɧɢɟɩɪɚɜɹɬɦɧɨɝɨɩɨɫɬɧɢɬɟɯɪɚɧɢɢɪɨɥɤɢɬɟɦɟɫɨ

ɉɪɢɩɪɢɝɨɬɜɹɧɟɧɚɦɟɫɨɢɪɢɛɚɬɪɹɛɜɚɩɪɟɞɢɩɨɫɬɚɜɹɧɟɬɨ

ɢɦɜɴɜɮɭɪɧɚɬɚɞɚɞɨɛɚɜɢɬɟɩɨɞɩɪɚɜɤɢɢɦɚɡɧɢɧɚ



Ɇɨɞɟɥɢɬɟ

Ɍɨɜɚɧɚɦɚɥɹɜɚɜɪɟɦɟɬɨɡɚɩɨɞɝɪɹɜɚɧɟɧɚɩɟɳɢɬɟɫɚɦɨ

ɡɚɦɢɧɭɬɢɡɚɞɚɞɨɫɬɢɝɧɟɝɪɚɞɭɫɚɩɨɐɟɥɡɢɣ

Ⱦɚɜɚɜɴɡɦɨɠɧɨɫɬɡɚɨɩɪɟɞɟɥɹɧɟɧɚɧɢɜɨɬɨɢ

ɢɧɬɟɧɡɢɜɧɨɫɬɬɚɧɚɩɟɱɟɧɟɧɚɝɪɢɥɞɨɩɨɜɟɱɟ

ɦɨɳɧɨɫɬɜɫɪɚɜɧɟɧɢɟɫɬɪɚɞɢɰɢɨɧɧɚɬɚɮɭɪɧɚ

$48$&7,9$ ɮɭɧɤɰɢɹ

ɉɪɟɞɢɦɫɬɜɚ

ɋɢɫɬɟɦɚɬɚɨɫɜɟɧɱɟɨɫɢɝɭɪɹɜɚɨɬɥɢɱɧɨɨɫɜɟɬɥɟɧɢɟɜɴɜ

ɮɭɪɧɚɬɚɠɢɜɟɟɩɨɞɴɥɝɨɜɫɪɚɜɧɟɧɢɟɫɬɪɚɞɢɰɢɨɧɧɢɬɟɤɪɭɲɤɚɢ

ɟɩɨɥɟɫɧɨɢɞɚɫɟɩɨɞɞɴɪɠɚɢɧɚɣɜɟɱɟɩɟɫɬɢɟɧɟɪɝɢɹ

 ɉɨɞɨɛɪɨɨɫɜɟɬɹɜɚɧɟ

 Ⱦɴɥɴɝɠɢɜɨɬɧɚɨɫɜɟɬɥɟɧɢɟ







Ɇɧɨɝɨɧɢɫɤɚɤɨɧɫɭɦɚɰɢɹɧɚɟɧɟɪɝɢɹ





ɩɨɧɢɫɤɚɨɬɤɨɧɫɭɦɚɰɢɹ

ɍɪɟɞɚɫɛɹɥɚɫɜɟɬɥɢɧɚ/('ɧɚɆ&ODVVɫɩɨɪɟɞ,(&

$$ɟɤɜɢɜɚɥɟɧɬɟɧɧɚ(1

$$ɦɚɤɫɢɦɚɥɧɨɫɜɟɬɥɢɧɚɬɚ

ɢɡɥɴɱɜɚɧɚɦɨɳɧɨɫɬȜQPX:

ɇɟɫɟɧɚɛɥɸɞɚɜɚɫɨɩɬɢɱɧɢɭɪɟɞɢ

ɂɦɚ ɨɫɜɟɬɢɬɟɥɧɚ ɫɢɫɬɟɦɚ ɤɨɹɬɨ ɡɚɦɟɧɹ ɬɪɚɞɢɰɢɨɧɧɚɬɚ

ɜɪɚɬɚɬɚɌɟɩɪɨɢɡɜɟɠɞɚɬɛɹɥɨɨɫɜɟɬɥɟɧɢɟɤɨɟɬɨɩɨɡɜɨɥɹɜɚɞɚ

ɩɪɟɝɥɟɠɞɚɬɟɜɴɬɪɟɲɧɚɬɚɫɬɪɚɧɚɧɚɮɭɪɧɚɬɚɫɹɫɧɨɬ ɚ

ȼɡɚɜɢɫɢɦɨɫɬɨɬɦɨɞɟɥɚ



Ɂɚ ɩɪɟɩɨɪɴɱɢɬɟɥɧɨɬɨ ɜɪɟɦɟ ɡɚ ɩɪɢɝɨɬɜɹɧɟ ɢ ɬɟɦɩɟɪɚɬɭɪɢ

ɩɴɪɜɢɹ

ɩɴɬɤɨɝɚɬɨɢɡɩɨɥɡɜɚɬɟɮɭɪɧɚɬɚɜ ɢɠɬɬɚɛɚɥɢɰɢɬɟ

ɧɚɫɬɪ

ɋɥɟɞɬɨɜɚɦɨɠɟɞɚɩɪɨɞɴɥɠɢɬɟɫɧɨɪɦɚɥɧɚɭɩɨɬɪɟɛɚ

ɚ

ɋɩɟɰɢɚɥɧɢɫɚɦɨɩɨɱɢɫɬɜɚɳɢɫɟɩɚɧɟɥɢɨɛɯɜɚɧɚɬɢɜ

ɦɢɤɪɨɩɨɪɟɫɬɨɩɨɤɪɢɬɢɟɫɟɩɪɟɞɥɚɝɚɬɤɚɬɨɞɨɩɴɥɧɢɬɟɥɧɨ

ɨɛɨɪɭɞɜɚɧɟɡɚɜɫɢɱɤɢɦɨɞɟɥɢȺɤɨɬɟɫɚɦɨɧɬɢɪɚɧɢɮɭɪɧɚɬɚɧɟ

ɬɪɹɛɜɚɞɚɫɟɩɨɱɢɫɬɜɚɧɚɪɴɤɚ

Ɇɚɡɧɢɧɢɤɨɢɬɨɫɚɩɪɴɫɧɚɥɢɜɴɪɯɭɫɬɟɧɢɬɟɧɚɮɭɪɧɚɬɚɩɨɜɪɟɦɟ

ɧɚɩɟɱɟɧɟɫɟɨɬɫɬɪɚɧɹɜɚɬɨɬɦɢɤɪɨɩɨɪɟɫɬɨɬɨɩɨɤɪɢɬɢɟ

ɉɪɟɤɚɥɟɧɨɬɨɧɚɫɥɨɹɜɚɧɟɜɫɟɩɚɤɦɨɠɟɞɚɛɥɨɤɢɪɚɩɨɪɢɬɟɢ

ɫɥɟɞɨɜɚɬɟɥɧɨɞɚɩɪɟɱɢɧɚɫɚɦɨɩɨɱɢɫɬɜɚɧɟɬɨɋɚɦɨɩɨɱɢɫɬɜɚɳɚ

ɫɩɨɫɨɛɧɨɫɬɦɨɠɟɞɚɛɴɞɟɜɴɡɫɬɚɧɨɜɟɧɚɱɪɟɡɜɤɥɸɱɜɚɧɟɧɚ

ɩɪɚɡɧɚɮɭɪɧɚɬɚɞɨɦɚɤɫɢɦɚɥɧɚɬɟɦɩɟɪɚɬɭɪɚɡɚɨɤɨɥɨ

ɦɢɧɭɬɢɇɟɢɡɩɨɥɡɜɚɣɬɟɚɛɪɚɡɢɜɧɢɩɪɨɞɭɤɬɢɨɫɬɪɢɩɪɟɞɦɟɬɢ

ɝɪɚɩɚɜɢɤɴɪɩɢɢɥɢɯɢɦɢɱɧɢɩɪɨɞɭɤɬɢɢɩɪɟɩɚɪɚɬɢɤɨɢɬɨɦɨɝɚɬ

ɬɪɚɣɧɨɞɚɩɨɜɪɟɞɹɬɤɚɬɚɥɢɡɚɬɨɪɚ

Ʉɨɝɚɬɨɝɨɬɜɢɬɟɩɨɦɚɡɧɢɯɪɚɧɢɟɩɪɟɩɨɪɴɱɢɬɟɥɧɨɞɚɢɡɩɨɥɡɜɚɬɟ

ɩɨɞɴɥɛɨɤɢɫɴɞɨɜɟɢɞɚɫɥɨɠɢɬɟɬɚɜɢɱɤɚɬɚɡɚɫɴɛɢɪɚɧɟɧɚ

ɦɚɡɧɢɧɚ

ȼȺɀɇɈȼɫɢɱɤɢɤɚɬɚɥɢɬɢɱɧɢɨɛɥɢɰɨɜɤɢɜɦɨɦɟɧɬɚɧɚɩɚɡɚɪɚɢɦ

ɬɪɭɞɨɜɠɢɜɨɬɧɚɨɤɨɥɨɱɚɫɚɁɚɬɨɜɚɬɟɬɪɹɛɜɚɞɚɫɟɫɦɟɧɹ

ɫɥɟɞɨɤɨɥɨɱɚɫɚ

ȼɪɟɦɟɡɚɝɨɬɜɟɧɟ



ɋɚɦɨɩɨɱɢɫɬɜɚɳɚɫɟɎɍɊɇȺɫɤɚɬɚɥɢɡɚɬɨɪ



ɉɨɱɢɫɬɜɚɧɟɢɩɨɞɞɪɴɠɤɚ

ɢɞɟɧɬɢɱɧɚ

ȻȽ

ɋɟɪɜɢɡɟɧɰɟɧɬɴɪ

ɂɡɩɨɥɡɜɚɧɟɧɚɟɥɟɤɬɪɨɧɧɢɹɩɪɨɝɪɚɦɚɬɨɪ

ɇɚɫɬɪɨɣɜɚɧɟɧɚɬɨɱɧɨɬɨɜɪɟɦɟ

ɂɡɩɨɥɡɜɚɧɟɧɚɬɚɣɦɟɪɚ

ɌȺɃɆȿɊȺ

ɂɡɩɨɥɡɜɚɧɟɧɚɬɚɣɦɟɪɚɡɚɤɪɚɣɧɚɝɨɬɜɟɧɟɬɨ

ɇɚɬɢɫɧɟɬɟɰɟɧɬɪɚɥɧɢɹɛɭɬɨɧ

Ɂɚɞɚɣɬɟɜɪɟɦɟɬɨɫɛɭɬɨɧɢ

Ɉɫɜɨɛɨɞɟɬɟɜɫɢɱɤɢɛɭɬɨɧɢ

Ɏɭɧɤɰɢɹ

Ʉɚɤɞɚɚɤɬɢɜɢɪɚɦɟ

Ʉɚɤɞɚɢɡɤɥɸɱɢɬɟ

Ʉɚɤɜɨɩɪɚɜɢ

Ɂɚɤɚɤɜɨɫɟɢɡɩɨɥɡɜɚ

Ɂɚɤɥɸɱɜɚɧɟ

Ɍɚɣɦɟɪ

ȼɪɟɦɟɡɚ

ɝɨɬɜɟɧɟ

Ʉɪɚɣɧɚ

ɝɨɬɜɟɧɟɬɨ

ɇɚɬɢɫɧɟɬɟɰɟɧɬɪɚɥɧɢɹ

ɛɭɬɨɧɩɴɬ

ɇɚɬɢɫɧɟɬɟɛɭɬɨɧɢ

ɡɚɞɚɢɡɛɟɪɟɬɟɜɪɟɦɟ

ɨɫɜɨɛɨɞɟɬɟɜɫɢɱɤɢɛɭɬɨɧɢ

Ⱥɥɚɪɦɚɜɤɪɚɹɧɚɜɪɟɦɟɬɨ

ɉɨɜɪɟɦɟɧɚɪɚɛɨɬɚ

ɫɟɩɨɤɚɡɜɚɨɫɬɜɪɟɦɟ

ɉɨɡɜɨɥɹɜɚɞɚɢɡɩɨɥɡɜɚɬɟ

ɮɭɪɧɚɬɚɤɚɬɨɚɥɚɪɦɟɧ

ɱɚɫɨɜɧɢɤɩɪɢɜɤɥɸɱɟɧɚɢ

ɢɡɤɥɸɱɟɧɚɮɭɪɧɚ

ɇɚɬɢɫɧɟɬɟɰɟɧɬɪɚɥɧɢɹɛɭɬɨɧ

ɩɴɬɢ

ɇɚɬɢɫɧɟɬɟɛɭɬɨɧɢɢɥɢª

ɡɚɞɚɢɡɛɟɪɟɬɟ

ɩɪɨɞɴɥɠɢɬɟɥɧɨɫɬ

ɨɫɜɨɛɨɞɟɬɟɜɫɢɱɤɢɛɭɬɨɧɢ

ɂɡɛɟɪɟɬɟɮɭɧɤɰɢɹɫɴɫ

ɫɟɥɟɤɬɨɪɚ

ɇɚɬɢɫɧɟɬɟɧɹɤɨɣɛɭɬɨɧ

ɡɚɞɚɫɩɪɟɬɟɫɢɝɧɚɥɚ

ɇɚɬɢɫɧɟɬɟɰɟɧɬɪɚɥɧɢɹɛɭɬɨɧ

ɡɚɞɚɫɟɜɴɪɧɟɬɟɞɨ

ɱɚɫɨɜɧɢɤɚ



VHOHFW

ȼɡɚɞɚɞɟɧɨɬɨɜɪɟɦɟ

ɮɭɪɧɚɬɚɳɟɫɟɢɡɤɥɸɱɢ

Ɂɚɞɚɢɡɤɥɸɱɢɬɟɪɴɱɧɨ

ɮɭɪɧɚɬɚɩɨɫɬɚɜɟɬɟ

ɫɟɥɟɤɬɨɪɚɜɩɨɡɢɰɢɹ2

ɉɨɡɜɨɥɹɜɚɜɢɞɚɡɚɞɚɞɟɬɟ

ɤɪɚɹɧɚɜɪɟɦɟɬɨɡɚɝɨɬɜɟɧɟ

Ɂɚɞɚɩɪɨɜɟɪɢɬɟ

ɩɪɟɞɜɚɪɢɬɟɥɧɨ

ɡɚɞɚɞɟɧɨɬɨɜɪɟɦɟ

ɧɚɬɢɫɧɟɬɟ

ɰɟɧɬɪɚɥɧɢɹɛɭɬɨɧɩɴɬɢ

Ɂɚɩɪɨɦɹɧɚɧɚɫɬɪɨɣɤɢɬɟ

6(/(&7

ȻȽ

Ɍɟɫɬɜɚɧɜɫɴɨɬɜɟɬɫɬɜɢɟɫ&(1(/(&(1

ɢɡɩɨɥɡɜɚɧɨɡɚɞɟɮɢɧɢɪɚɧɟɧɚɟɧɟɪɝɢɣɧɢɹɤɥɚɫ

ɂɧɫɬɪɭɤɰɢɢɡɚɪɚɛɨɬɚ

ɋɟɥɟɤɬɨɪ

ɧɚ

ɮɭɧɤɰɢɢ

ɇɚɫɬɪɨɣɤɢɧɚ

ɬɟɦɩɟɪɚɬɭɪɚɬɚ

ɩɪɢɦɨɞɟɥɢɫ

ɟɥɟɤɬɪɨɧɟɧ

ɩɪɨɝɪɚɦɚɬɨɪ

7<3($

Ɍɟɪɦɨɫɬɚɬ

ɫɟɥɟɤɬɨɪ

ɎɍɇɄɐɂɂ

ȼɤɥɸɱɜɚɨɫɜɟɬɥɟɧɢɟɬɨɧɚɮɭɪɧɚɬɚ

Ɍɨɜɚɳɟɚɤɬɢɜɢɪɚɚɜɬɨɦɚɬɢɱɧɨɜɟɧɬɢɥɚɬɨɪɚɡɚɨɯɥɚɠɞɚɧɟɫɚɦɨɩɪɢɦɨɞɟɥɢɤɨɢɬɨɝɨɢɦɚɬ

Ɋɚɡɦɪɚɡɹɜɚɧɟ

Ʉɨɝɚɬɨɢɡɛɟɪɟɬɟɬɚɡɢɮɭɧɤɰɢɹɜɟɧɬɢɥɚɬɨɪɚɰɢɪɤɭɥɢɪɚɜɴɡɞɭɯɚɨɤɨɥɨɡɚɦɪɚɡɟɧɚɬɚɯɪɚɧɚ

ɬɚɤɚɱɟɹɪɚɡɦɪɚɡɹɜɚɡɚɧɹɤɨɥɤɨɦɢɧɭɬɢɛɟɡɞɚɫɟɩɪɨɦɟɧɢɫɴɫɬɚɜɚɧɚɩɪɨɬɟɢɧ

ɋɭɩɟɪɝɪɢɥ

Ɍɚɡɢɮɭɧɤɰɢɹɩɪɚɜɢɯɪɚɧɚɬɚɩɨɯɪɭɩɤɚɜɚɏɚɪɚɤɬɟɪɟɡɢɪɚɫɟɫɩɨɝɨɥɹɦɚɦɨɳɧɨɫɬɨɬ

ɫɬɚɧɞɚɪɬɧɢɹɝɪɢɥ

ɇɚɬɭɪɚɥɧɚɤɨɧɜɟɤɰɢɹ

ɂɡɩɨɥɡɜɚɬɫɟɞɨɥɟɧɢɝɨɪɟɧɧɚɝɪɟɜɚɬɟɥɢɋɬɚɧɞɚɪɬɧɚɮɨɪɦɚɧɚɩɟɱɟɧɟɂɞɟɚɥɧɚɡɚ

ɩɟɱɟɧɟɧɚɦɟɫɨɩɟɱɟɧɟɧɚɛɢɫɤɜɢɬɢɉɪɚɜɢɯɪɚɧɚɬɚɜɤɭɫɧɚɢɯɪɭɩɤɚɜɚ

Ƚɨɬɜɟɧɟɧɚɜɟɧɬɢɥɚɬɨɪ

ɂɡɩɨɥɡɜɚɬɫɟɞɨɥɟɧɢɝɨɪɟɧɧɚɝɪɟɜɚɬɟɥɢɡɚɟɞɧɨɫɜɟɧɬɢɥɚɬɨɪɚɤɨɣɬɨɰɢɪɤɭɥɢɪɚɜɴɡɞɭɯɚ 

ɜɴɬɪɟɜɴɜɮɭɪɧɚɬɚɉɪɟɩɨɪɴɱɜɚɫɟɡɚɡɟɥɟɧɱɭɰɢɪɢɛɚɢɞɪɌɨɩɥɢɧɚɬɚɧɚɜɥɢɡɚɜɯɪɚɧɚɩɨ

ɞɨɛɪɟɢɜɪɟɦɟɧɚɬɚɡɚɩɪɟɬɨɩɥɹɧɟɢɝɨɬɜɟɧɟɫɟɧɚɦɚɥɹɜɚɬɆɨɠɟɬɟɞɚɩɪɢɝɨɬɜɹɬɟɪɚɡɥɢɱɧɢ

ɯɪɚɧɢɟɞɧɨɜɪɟɦɟɧɧɨɌɨɡɢɦɟɬɨɞɞɚɜɚɦɧɨɝɨɞɨɛɪɚɞɢɫɬɪɢɛɭɰɢɹɧɚɬɨɩɥɢɧɚɬɚɢɦɢɪɢɡɦɢɬɟ 

ɧɟɫɟɫɦɟɫɜɚɬɆɨɠɟɞɚɨɫɬɚɜɢɬɟɨɤɨɥɨɦɢɧɩɨɜɟɱɟɤɨɝɚɬɨɝɨɬɜɢɬɟɩɨɜɟɱɟɨɬɹɫɬɢɟ

Ɇɟɤɨɝɨɬɜɟɧɟɚ

Ɏɭɧɤɰɢɹɡɚɯɥɹɛɢɫɥɚɞɤɚɪɫɤɢɢɡɞɟɥɢɹɇɚɦɚɥɟɧɚɬɚɫɤɨɪɨɫɬɧɚɜɟɧɬɢɥɚɬɨɪɚɫɴɡɞɚɜɚ

ɢɞɟɚɥɧɢɭɫɥɨɜɢɹɡɚɝɨɬɜɟɧɟɬɨɧɚɬɨɡɢɬɢɩɯɪɚɧɢɤɨɢɬɨɬɪɹɛɜɚɞɚɫɬɚɧɚɬɟɥɚɫɬɢɱɧɚ

ɤɨɧɫɢɫɬɟɧɰɢɹɞɨɤɚɬɨɫɟɝɨɜɹɬɢɜɫɴɳɨɬɨɜɪɟɦɟɞɚɢɡɛɟɝɧɚɬɩɪɟɩɢɱɚɧɟɬɨɧɚɩɨɜɴɪɯɧɨɫɬɬɚ

ȼɟɧɬɢɥɚɬɨɪɢɞɨɥɟɧɧɚɝɪɟɜɚɬɟɥ

ɂɞɟɚɥɧɚɡɚɞɟɥɢɤɚɬɧɢɹɫɬɢɹɩɚɣɨɜɟɫɭɮɥɟɬɚ

Ƚɪɢɥ

ɂɡɩɨɥɡɜɚɫɟɫɚɦɨɝɨɪɧɢɹɧɚɝɪɟɜɚɬɟɥɢɦɨɠɟɬɟɞɚɧɚɫɬɪɨɢɬɟɬɟɦɩɟɪɚɬɭɪɚɬɚɦɢɧ

ɩɪɟɞɜɚɪɢɬɟɥɧɨɧɚɝɪɹɜɚɧɟɫɚɧɭɠɧɢɡɚɞɚɡɚɝɪɟɟɬɟɞɨɛɪɟɟɥɟɦɟɧɬɢɬɟɂɞɟɚɥɟɧɡɚɤɟɛɚɩ 

Ȼɟɥɢɬɟɦɟɫɚɬɪɹɛɜɚɞɚɫɟɞɴɪɠɚɬɧɚɞɢɫɬɚɧɰɢɹɨɬɝɪɢɥɚȼɪɟɦɟɬɨɡɚɝɨɬɜɟɧɟɟɩɨɞɴɥɝɨɧɨ

ɦɟɫɨɬɨɟɩɨɜɤɭɫɧɨɆɨɠɟɬɟɞɚɫɥɚɝɚɬɟɱɟɪɜɟɧɢɬɟɦɟɫɚɢɪɢɛɚɧɚɪɚɮɬɚɫɬɚɜɢɱɤɚɬɚɡɚ

ɦɚɡɧɢɧɢɨɬɞɨɥɭ

ɋɭɩɟɪɝɪɢɥ

ɎɭɪɧDɬɚɢɦɚɩɨɡɢɰɢɢɧɚɝɪɢɥɚ

Ƚɪɢɥɫɜɟɧɬɢɥɚɬɨɪɂɡɩɨɥɡɜɚɣɬɟɬɭɪɛɨɝɪɢɥɫɴɫɡɚɬɜɨɪɟɧɚɜɪɚɬɚ

Ƚɨɪɟɧɧɚɝɪɟɜɚɬɟɥɜɟɧɬɢɥɚɬɨɪɡɚɰɢɪɤɭɥɢɪɚɧɟɧɚɜɴɡɞɭɯɚɜɴɜɮɭɪɧɚɬɚɉɪɟɞɜɚɪɢɬɟɥɧɨ

ɧɚɝɪɹɜɚɧɟɟɧɭɠɧɨɫɚɦɨɡɚɱɟɪɜɟɧɢɦɟɫɚɉɨɫɬɚɜɟɬɟɯɪɚɧɚɬɚɧɚɪɚɮɬɚɧɚɫɪɟɞɧɨɬɨɧɢɜɨ 

ɋɥɨɠɟɬɟɨɬɞɨɥɭɬɚɜɢɱɤɚɬɚɡɚɦɚɡɧɢɧɢɡɚɞɚɫɴɛɟɪɟɨɬɞɟɥHɧɢɬɟɫɨɤɨɜɟɍɜɟɪɟɬɟɫɟɱɟ

ɯɪɚɧɚɬɚɧɟɟɩɪɟɤɚɥɟɧɨɛɥɢɡɨɞɨɝɪɢɥɚɉɨɫɪɟɞɚɬɚɧɚɝɨɬɜɟɧɟɬɨɨɛɴɪɧɟɬɟɯɪɚɧɚɬɚ

Ƚɪɢɥɲɢɲ

ɂɡɩɨɥɡɜɚɫɟɡɚɩɩɪɨɞɭɤɬɢɩɪɢɝɨɬɜɹɧɢɧɚɜɴɪɬɹɳɫɟɲɢɲ

ɉɢɰɚ

Ɍɚɡɢɮɭɧɤɰɢɹɨɫɢɝɭɪɹɜɚɢɞɟɚɥɧɢɭɫɥɨɜɢɹɡɚɹɫɬɢɹɤɚɬɨɩɢɰɚɢɮɨɤɚɱɚɱɪɟɡ

ɰɭɪɤɭɥɢɪɚɧɟɧɚɝɨɪɟɳɜɴɡɞɭɯɜɴɜɮɭɪɧɚɬɚ

ɚɁɚɧɹɤɨɣɦɨɞɟɥɢɮɭɧɤɰɢɹɬɚɫ9$5,2)$1ɟɟɤɫɥɭɡɢɜɧɚɫɢɫɬɟɦɚɪɚɡɪɚɛɨɬɟɧɚɨɬ&DQG\ɡɚɨɩɬɢɦɢɡɢɪɚɧɟɧɚɪɟɡɭɥɬɚɬɢɬɟɨɬɝɨɬɜɟɧɟɬɨ 

9$5,2)$1ɫɢɫɬɟɦɚɬɚɫɟɚɤɬɢɜɢɪɚɫɚɦɚɢɚɜɬɨɦɚɬɢɱɧɨɩɪɨɦɟɧɹɫɤɨɪɨɫɬɬɚɧɚɜɟɧɬɢɥɚɬɨɪɚɤɨɝɚɬɨɢɡɛɟɪɟɬɟɨɩɪɟɞɟɥɟɧɚɮɭɧɤɰɢɹɎɭɧɤɰɢɢɬɟɧɚ

ɜɟɧɬɢɥɚɬɨɪɚɫɚɜɨɝɪɚɞɟɧɨɬɨɩɨɥɟɧɚɤɨɧɬɪɨɥɧɢɹɩɚɧɟɥ

Ɏɭɧɤɰɢɹɬɚ ÄȾɟɥɢɤɚɬɧɨ ɝɨɬɜɟɧɟ ɜɢ ɩɨɡɜɨɥɹɜɚ ɞɚ ɝɨɬɜɢɬɟ ɩɨ ɡɞɪɚɜɨɫɥɨɜɟɧ ɧɚɱɢɧɤɚɬɨ

ɧɚɦɚɥɢɬɟɤɨɥɢɱɟɫɬɜɨɬɨɧɚɧɟɨɛɯɨɞɢɦɚɬɚɦɚɡɧɢɧɚȻɥɚɝɨɞɚɪɟɧɢɟɧɚɢɡɩɨɥɡɜɚɧɟɬɨɧɚɝɪɢɥ

ɢɜɟɧɬɢɥɚɬɨɪɤɨɦɛɢɧɢɪɚɧɨɫɩɭɥɫɢɪɚɳɨɞɜɢɠɟɧɢɟɧɚɜɴɡɞɭɯɚɫɟɡɚɩɚɡɜɚɫɴɞɴɪɠɚɧɢɟɬɨ

ɧɚɜɥɚɝɚɜɯɪɚɧɚɬɚɡɚɩɢɱɚɫɟɩɨɜɴɪɯɧɨɫɬɬɚɧɚɦɚɥɹɜɚɫɟɜɪɟɦɟɬɨɡɚɝɨɬɜɟɧɟɛɟɡɞɚɫɟ

ɩɪɨɦɟɧɹɜɤɭɫɚ

Ɉɫɨɛɟɧɨ ɟ ɩɨɞɯɨɞɹɳɚɡɚ ɝɨɬɜɟɧɟɧɚ ɦɟɫɨɩɟɱɟɧɢ ɡɟɥɟɧɱɭɰɢ ɢ ɨɦɥɟɬɢȾɜɢɠɟɧɢɟɬɨɧɚ

ɩɭɥɫɢɪɚɲ ɜɴɡɞɭɯ ɡɚɩɚɡɜɚ ɜɥɚɠɧɨɫɫɬɚ ɜɴɬɪɟ ɜɴɜ ɮɭɪɧɚɬɚ ɢ ɜɥɚɝɨɫɴɞɴɪɠɚɧɢɟɬɨ ɧɚ

ɯɪɚɧɚɬɚɡɚɩɚɡɜɚɣɤɢɯɪɚɧɢɬɟɥɧɢɬɟ ɤɚɱɟɫɬɜɚ ɢ ɝɚɪɚɧɬɢɪɚɣɤɢ ɛɴɪɡ ɢ ɟɞɧɚɤɴɜ ɩɪɨɰɟɫ ɧɚ

ɝɨɬɜɟɧɟ

ɉɪɨɛɜɚɣɬɟɜɫɢɱɤɢɬɟɫɢɪɟɰɟɩɬɢɢɫɟɜɴɡɩɨɥɡɜɚɣɬɟɨɬɥɟɤɨɬɚɬɚɧɚɬɚɡɢɮɭɧɤɰɢɹ

ɌɨɡɢɭɪɟɞɟɦɚɪɤɢɪɚɧɫɴɝɥɚɫɧɨɟɜɪɨɩɟɣɫɤɚȾɢɪɟɤɬɢɜɚ(ɈɡɚɈɬɩɚɞɴɰɢɨɬɟɥɟɤɬɪɢɱɟɫɤɨɢɟɥɟɤɬɪɨɧɧɨɨɛɨɪɭɞɜɚɧɟ:(((:(((ɫɴɞɴɪɠɚ

ɟɞɧɨɜɪɟɦɟɧɧɨɡɚɦɴɪɫɹɜɚɳɢɫɭɛɫɬɚɧɰɢɢɤɨɢɬɨɦɨɝɚɬɞɚɨɤɚɠɚɬɨɬɪɢɰɚɬɟɥɧɨɜɴɡɞɟɣɫɬɜɢɟɜɴɪɯɭɨɤɨɥɧɚɬɚɫɪɟɞɚɢɨɫɧɨɜɧɢɤɨɦɩɨɧɟɧɬɢɤɨɢɬɨ

ɦɨɝɚɬɞɚɫɟɢɡɩɨɥɡɜɚɬɩɨɜɬɨɪɧɨȼɚɠɧɨɟ:(((ɞɚɛɴɞɚɬɨɛɪɚɛɨɬɟɧɢɩɨɫɩɟɰɢɮɢɱɧɢɧɚɱɢɧɢɫɨɝɪɥɟɞɩɪɚɜɢɥɧɨɬɨɨɬɫɬɪɚɧɹɜɚɧɟɢɢɡɯɜɴɪɥɹɧɟɬɨɧɚ

ɜɫɢɱɤɢɡɚɦɴɪɫɢɬɟɥɢɢɜɴɡɜɪɴɳɚɧɟɬɨɢɪɟɰɢɤɥɢɪɚɧɟɧɚɜɫɢɱɤɢɦɚɬɟɪɢɚɥɢ

Ɉɬɞɟɥɧɢɬɟɢɧɞɢɜɢɞɢɦɨɝɚɬɞɨɨɤɚɠɚɬɜɚɠɧɚɪɨɥɹɨɫɢɝɭɪɹɜɚɣɤɢɱɟ:(((ɧɹɦɚɞɚɫɬɚɧɚɬɩɪɨɛɥɟɦɡɚɨɤɨɥɧɚɬɚɫɪɟɞɚɜɚɠɧɨɟɞɚɛɴɞɚɬɫɥɟɞɜɚɧɢ

ɧɹɤɨɢɨɫɧɨɜɧɢɩɪɚɜɢɥɚ

:(((ɧɟɬɪɹɛɜɚɞɚɛɴɞɚɬɬɪɟɬɢɪɚɧɢɤɚɬɨɞɨɦɚɤɢɧɫɤɢɨɬɩɚɞɴɰɢ

:(((ɬɪɹɛɜɚɞɚɛɴɞɚɬɩɪɟɞɚɜɚɧɢɜɫɴɨɬɜɟɬɧɬɢɟɫɴɛɢɪɚɬɟɥɧɢɩɭɧɤɬɨɜɟɭɩɪɚɜɥɹɜɚɧɢɨɬɨɛɳɢɧɚɬɚɢɥɢɪɟɝɢɫɬɪɢɪɚɧɢɤɨɦɩɚɧɢɢȼɦɧɨɝɨɞɴɪɠɚɜɢɡɚɝɨɥɟɦɢ

:(((ɦɨɠɟɞɚɫɟɩɪɟɞɥɚɝɚɫɴɛɢɪɚɧɟɨɬɞɨɦɨɜɟɬɟ

ɤɨɝɚɬɨɤɭɩɭɜɚɬɟɧɨɜɭɪɟɞɫɬɚɪɢɹɬɦɨɠɟɞɚɛɴɞɟɜɴɪɧɚɬɧɚɬɴɪɝɨɜɟɰɚɤɨɣɬɨɞɚɝɨɩɪɢɛɟɪɟɬɟɛɟɡɩɥɚɬɧɨɧɚɛɚɡɚɟɞɧɨɤɴɦɟɞɧɨɞɨɤɚɬɨɨɛɨɪɭɞɜɚɧɟɬɨɟɨɬ

ɫɴɳɢɹɬɢɩɢɦɚɫɴɳɢɬɟɮɭɧɤɰɢɢɤɚɬɨɞɨɫɬɚɜɟɧɨɬɨɨɛɨɪɭɞɜɚɧɟ

ɋɉȿɋɌəȼȺɇȿɇȺȿɇȿɊȽɂəɂɈɉȺɁȼȺɇȿɇȺɈɄɈɅɇȺɌȺɋɊȿȾȺ

Ʉɨɝɚɬɨɟɜɴɡɦɨɠɧɨɢɡɛɹɝɜɚɣɬɟɩɪɟɞɜɚɪɢɬɟɥɧɨɬɨɡɚɝɪɹɜɚɧɟɧɚɮɭɪɧɚɬɚɉɨɜɪɟɦɟɧɚɝɨɬɜɟɧɟɨɬɜɚɪɹɣɬɟɜɪɚɬɚɬɚɧɚɮɭɪɧɚɬɚɜɴɡɦɨɠɧɨɧɚɣɦɚɥɤɨɡɚɳɨɬɨɩɪɢ

ɜɫɹɤɨɨɬɜɚɪɹɧɟɫɟɝɭɛɢɬɨɩɥɢɧɚɁɚɡɧɚɱɢɬɟɥɧɚɢɤɨɧɨɦɢɹɧɚɟɧɟɪɝɢɹɢɡɤɥɸɱɟɬɟɮɭɪɧɚɬɚ±ɦɢɧɭɬɢɩɪɟɞɢɩɥɚɧɢɪɚɧɢɹɬɤɪɚɣɧɚɜɪɟɦɟɬɨɡɚɝɨɬɜɟɧɟɢ

ɢɡɩɨɥɡɜɚɣɬɟɨɫɬɚɬɴɱɧɚɬɚɬɨɩɥɢɧɚɤɨɹɬɨɮɭɪɧɚɬɚɩɪɨɞɴɥɠɚɜɚɞɚɝɟɧɟɪɢɪɚɁɚɞɚɢɡɛɟɝɧɟɬɟɡɚɝɭɛɚɧɚɬɨɩɥɢɧɚɩɨɞɞɴɪɠɚɣɬɟɱɢɫɬɢɢɜɪɟɞɭɩɥɴɬɧɟɧɢɹɬɚɧɚ

ɮɭɪɧɚɬɚȺɤɨɢɦɚɬɟɪɚɡɥɢɱɧɢɬɚɪɢɮɢɡɚɟɥɟɤɬɪɢɱɟɫɤɚɬɚɟɧɟɪɝɢɹɢɡɩɨɥɡɜɚɣɬɟɨɬɥɨɠɟɧɢɹɬɫɬɚɪɬɡɚɞɚɫɬɚɪɬɢɪɚɬɟɝɨɬɜɟɧɟɬɨɧɚɩɨɧɢɫɤɚɬɚɬɚɪɢɮɚ

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ɮɭɧɤɰɢɢɧɚɭɪɟɞɚ

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Candy FCP825XL Oven

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