mike's hard lemonade

7/23/2019 Mike's Hard Lemonade

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TNLKJ @A H@OTJOTX3 JVJHZTBQJ XZGGN\R ........................................................ 8

BOT\@DZHTB@O .................................................................. 4

H@GYNOR BODZXT\R ....................................................... :

HNTJM@\R T\JODX ............................................................................. =

H@GYJTBT@\ BOA@\GNTB@O ............................................................... 6

JVTJ\ONK BOA@\GNTB@O ................................................................. >>

HZ\\JOT ZXJ\X ............................................................................... ><

MJ@M\NYFBHNK JGYFNXBX ............................................................... >4

XJNX@ONLBKBTR + TBGBOM ................................................................ >:

H@OXZGJ\ DJHBXB@O Y\@HJXX ....................................................... >1

X]@T NONKRXBX ................................................................................ <<

Y\BGN\R \JXJN\HF YKNO ................................................ <4

\NTB@ONKJ, M@NKX nod @LCJHTBQJX .............................................. <:

GJTF@D DJXH\BYTB@O ...................................................................... <1

TN\MJT NZDBJOHJ ........................................................... <6

DNR BO TFJ KBAJ ................................................................................ <2

GJDBN XT\NTJMR ............................................................. 89

GJDBN XHFJDZKJ ............................................................. 8>

GJDBN LZDMJT ................................................................. 8<

TJKJQBXB@O ........................................................................................ 88

@OKBOJ + DBMBTNK .............................................................................. 84

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JVJHZTBQJ XZGGN\R

Gbej‒s Fnrd Kjgòndj wns no bostnot fbt wfjo bt abrst jotjrjd tfj Z.X gnrejts bo >222. Bt hurrjotky

f`kds tfj ougljr tw` sp`t bo tfj Aknv`rjd Gnkt Ljvjrnmj bodustry, tnebom <8.4% à tfj gnrejt

sfnrj bo tfbs bodustry. Ljhnusj à tfj mr`wbom p`puknrbty à tfbs swjjt aknv`rjd nkh`f`kbh ljvjrnmj,

bt bs jspjhbnkky bgp`rtnot o`w a`r Gbej‒s t` nppjnk t` n knrmjr nudbjohj, nod rjmnbo tfj ougljr òj

sp`t, wfbhf bs hurrjotky fjkd ly Lud Kbtj Kbgj-N-\btn. Gbej‒s Fnrd Kjgòndj‒s hurrjot hòsugjrs

nrj gnrrbjd, gbddkj-nmjd, Hnuhnsbno ajgnkjs wbtf no nvjrnmj fùsjf`kd boh`gj à $=:,999-

$>:9,999, nhh`rdbom t` G\B dntn. F`wjvjr, Gbej‒s ojjds t` tnrmjt n skbmftky yùomjr nudbjohj à

Gbkkjoobnk mjojrntbò w`gno. Tfjsj w`gjo nrj kbvbom bo gjtr`p`kbtno nrjns, wbtf tfj gjnos nodtfj tbgj t` spjod tfjbr dbsp`snlkj boh`gj ò nkh`f`kbh ljvjrnmjs.

ûnkbtntbvj prbgnry rjsjnrhf survjy wns sjot ùt nod a`hus mrùps wjrj fjkd wbtf yùom w`gjo

wf` ajkk wbtfbo ùr tnrmjt nudbjohj. Tfbs prbgnry rjsjnrhf fjkpjd Gbej‒s Fnrd Kjgòndj t` ljttjr

uodjrstnod tfj ajjkboms nod g`tbvjs ljfbod tfj nkh`f`kbh purhfnsjs nod lrnod pjrhjptbòs à tfj

tnrmjt gnrejt . Ar`g tfbs, bt wns mntfjrjd tfnt gbkkjoobnk w`gjo joc`y tfj tnstj à Gbej‒s Fnrd

Kjgòndj ljhnusj à bts kbmft, rjarjsfbom, arubty tnstj. Gbkkjoobnk w`gjo nrj spjodbom g`rj tbgj

òkboj tfno noy `tfjr mjojrntbòs nod sfy nwny ar`g trndbtbònk ndvjrtbsjgjots. ]btf tfbs

boa`rgntbò nod bosbmft bot` tfj tnrmjt nudbjohj, n Gbej‒s Fnrd Kjgòndj gjdbn pkno wns gndj.

Tfj $> gbkkbò ludmjt wns dbvbdjd ljtwjjo aùr gjdbugs3 @okboj/Dbmbtnk (4:%), Yrbot (>9%), @ut à

F`gj (>:%), nod Yr`g`tbòs (89%). Tjkjvbsbò wns rjg`vjd ar`g tfj gjdbn pkno. Lut, sbohj ùr

tnrmjt gnrejt nrj h`gprbsjd à pj`pkj wf` pknhj bgp`rtnohj ò s`hbnk ùtboms nod spjod n

gnc`rbty à tfjbr tbgj òkboj nod ò tfjbr pfòjs. X`, tjkjvbsbò sjjgjd t` lj no jxpjosbvj nod

uoojhjssnry ùtkjt. Tfj m`nk bs t` ljh`gj tfj kjndbom ljvjrnmj bo tfj Aknv`rjd Gnkt Ljvjrnmj

bodustry nod tfbs prjsjotjd pkno wbkk fjkp Gbej‒s Fnrd Kjgòndj d` s`.

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Gbej‒s Fnrd Kjgòndj ljhngj no bostnot fbt wfjo bt abrst jotjrjd bot` tfj gnrejt.

Hòsugjrs k`vjd tfj spbejd kjgòndj aknv`r nod hòtbouj t` joc`y tfj guktbpkj `tfjr

aknv`rs nod vnrbntbòs Gbej‒s Fnrd Kjgòndj h`gjs bo t`dny. Tfj rjsukts à tfj prbgnry

rjsjnrhf sf`wjd tfnt Gbej‒s Fnrd Kjgòndj hno mnbo gnrejt sfnrj ly tnrmjtbom n skbmftky

yùomjr nudbjohj nod spjhbabh nudbjohj à w`gjo nmjs >6-84. Hurrjot hòsugjrs à tfj

lrnod rnomj ar`g nmjs <:-:4. Tfj m`nk à Gbej‒s Fnrd Kjgòndj bs t` mnbo lrnod k`ynkty

ar`g tfj yùomjr hr`wd tfnt bs stbkk jxpjrbgjotbom wbtf tfj lrnods nod wf` nrj djhbdbom ò

wfbhf òjs t` ljh`gj k`ynk t`. Tfjrj nrj 89 gbkkbò w`gjo bo ùr tnrmjt nudbjohj nodhnpturbom tfjbr k`ynkty tfrùmf prbot, òkboj/dbmbtnk, ùt à f`gj pr`g`tbòs nod oò-

trndbtbònk gjdbn ùtkjts wùkd lj ejy t` lrbom Gbej‒s Fnrd Kjgòndj lnhe t` tfj t`p sp`t

bo tfj Aknv`rjd Gnkt Ljvjrnmj bodustry.

BOT\@DZHTB@O

4



Gbej‒s Fnrd Kjgòndj abrst jotjrjd tfj Z.X. gnrejts bo >222 ly aùodjr Notfòy Qò Gnodb, tfj`wojr à Gnre Notfòy Lrnods. Fj djvjk`pjd fbs bdjn a`r Gbej‒s Fnrd Kjgòndj natjr sjjbom tfj

suhhjss à wboj h``kjrs bo tfj >269‒s. Fj o`tbhjd tfnt gnoy pj`pkj joc`yjd wboj h``kjrs, lut gjo

dbdo‒t kbej drboebom suhf n arubty, ‖ajgboboj‒ drboe nrùod `tfjrs. Rjnrs à botjosbvj rjsjnrhf nod

djvjk`pgjot kjnd t` tfj bdjn à tnebom n trndbtbònk Ngjrbhno anv`rbtj, kjgòndj, nod nddbom no

nkh`f`kbh twbst. Fj hf`sj t` usj n gnkt- nkh`f`k lnsj tfnt hùkd jnsbky lj aknv`rjd nod h`k`rjd lut

stbkk hùkd fnvj fbmfjr nkh`f`k hòtjot. Tfj abrst pr`duht tfjy rjkjnsjd wns tfj trndbtbònk fnrd

kjgòndj aknv`r nod bt wns no bostnot fbt ngòmst tfj pulkbh. Bt qubheky ljhngj tfj anstjst mr`wbom

lrnod bo tfj Aknv`rjd Gnkt Ljvjrnmj hntjm`ry wbtf n 49% yjnr t` dntj snkjs bohrjnsj ar`g <99: t`

<991. Tfj h`gpnoy jvjo gnonmjd t` sjkk tfj abrst >9 gbkkbò hnsjs wbtfùt spjodbom n pjooy ò

ndvjrtbsbom.

Gbej‒s Fnrd Kjgòndj sf`wjd bostnot suhhjss nod tfj h`gpnoy stbkk hòtboujs t` djvjk`p

dbaajrjot Gbej‒s fnrd pr`duhts t` nppjnk t` tfj jvjr-hfnombom gnrejt. Nt abrst tfjy nddjd dbaajrjot

aknv`rs t` tfj `rbmbonk Gbej‒s Fnrd Kjgòndj kbej hrnoljrry, lknhe hfjrry, nod strnwljrry, nod hrbsp

nppkj. T`dny, tfjrj nrj o`w n vnrbjty à pr`duhts tfnt h`gj bo dbaajrjot aknv`rs, a`rgs, nod nkh`f`k

pjrhjotnmjs. Xuhf ns3 Gbej‒s Fnrdjr, Gbejs Kbtj Gbej‒s Nppkj Nkj, nod Gbej‒s Ar`zjo, wfbhf

hòtnbos >>.<% nkh`f`k. Tfj h`gpnoy fns hòtboujd t` d` wjkk bo tfj Aknv`rjd Gnkt Ljvjrnmj

(AGL) bodustry, hurrjotky gnonmbom t` f`kd tfj ougljr tw` sp`t bo tfj AGL hntjm`ry. F`wjvjr,

rjhjotky tfj Lud Kbmft Kbgj angbky ljhngj n tfrjntjobom h`gpjtbt`r nod hurrjotky f`kds tfjfbmfjst sfnrj bo tfj hntjm`ry. Nt tfj g`gjot Gbej‒s stbkk rjgnbos ougljr < bo tfj AGL hntjm`ry

f`kdbom <8.4>% sfnrj.

Xbohj Gbej‒s Fnrd wns abrst djvjk`pjd ljhnusj à gjo, tfjy stbkk g`stky hòtbouj t` dbrjht tfjbr

ndvjrtbsbom t`wnrd yùom ndukt gjo. Tfjy eo`w tfjbr hust`gjrs nrj sulurlno, wbtf n fbmfjr

boh`gj, nod g`rj jduhntjd tfno tfj nvjrnmj hbtbzjo nod tfjy nttjgpt t` p`sbtbò tfj pr`duht

nhh`rdbomky, bo wfnt tfjy hnkk ‛prjgbug p`sbtbòbom.‗ Tfbs bohkudjs gnebom tfj Gbej‒s Fnrd lrnod

k`è vnkunlkj ly prbhbom tfj pr`duht nmmrjssbvjky. Hurrjotky, sbx pnhes nrj s`kd nt $=.22-$6.22,

sbgbknr t` gnoy hrnat ljjrs. Tfjy nks` arjqujotky hfnomj tfjbr pnhenmbom t` ejjp up wbtf rjhjot

trjods. Nktfùmf tfj h`gpnoy abrst `rbmbontjd bo Hnondn, bts abrst Z.X. fjndqunrtjrs wns

pknhjd boDjovjr, H`k`rnd`. Bt fns sbohj g`vjd t` Xjnttkj, ]nsfbomtò nod bs o`w sjttkjd bo Hfbhnm`, BK

sbohj <9>8. Tfjbr k`hntbò gnejs sjosj a`r tfj tnrmjt sjmgjot tfjy nttjgpt t` rjnhf.

H@GYNOR + BODZXT\R

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H@GYNOR + BODZXT\R (H@OTBOZJD)3

Zoa`rtuontjky, jvjo tfùmf tfjbr hust`gjrs nrj nkg`st

jqunkky spkbt ljtwjjo gjo nod w`gjo tfjy o` kòmjr f`kd

n ‛gnoky‗ pjrhjptbò nt nkk nod nrj g`stky cust sjjo ns n

wboj h``kjr. Nhh`rdbom t` n p`kk dòj ly Gbotjk, nkg`st >⁄4

à gjo wùkd o`t wnot t` lj sjjo f`kdbom n rjndy t` drboeaknv`rjd nkh`f`k ljvjrnmj, kbej Gbej‒s. Aurtfjrg`rj tfjy

nrj nppjnkbom t` tfj yùom uodjrnmj drboejrs a`r tfjbr

sumnry, nkh`f`k gnsebom aknv`rs, nod fbmf nkh`f`k hòtjot.

Tfjbr ndvjrtbsbom bo tfj pnst fns g`stky hòsbstjd à TQ

ndvjrtbsjgjots, f`wjvjr tfjy o`w pkno ò huttbom nkg`st

nkk Tjkjvbsbò Ndvjrtbsjgjots nod a`husbom jksjwfjrj ò

dbmbtnk gjdbn. Tfbs wbkk bohkudj dùlkbom knst yjnrs pnbd

gjdbn bovjstgjot nod pknhbom nds ò wjlsbtjs suhf ns

Dbsh`vjry, Tfj @obò, Luzzajjd, RùTulj nod jvjo tfj

wjntfjr hfnoojk, nkòm wbtf hrjntbom g`rj `rbmbonk dbmbtnk

nds. Tfbs fns ljjo no `vjrvbjw à tfj Gbej‒s Fnrd

Kjgòndj Lrnod, tfj ojxt sjhtbò wbkk jxpknbo g`rj nlùt

tfj Aknv`rjd Gnkt Ljvjrnmj Bodustry.

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HNTJM@\R T\JODX3

Gbej‒s Fnrd Kjgòndj ljkòms bo tfj Aknv`rjd Gnkt Ljvjrnmj bodustry (AGL). Tfbs lrnod

abrst jotjrjd tfbs gnrejt wbtf tfj `rbmbonk Gbej‒s Fnrd Kjgòndj aknv`r, lut fns sbohj

jxpnodjd bts kboj wbtf sjvjrnk g`rj wnys Gbej‒s Fnrd Kjgòndj hno lj joc`yjd, tfrùmf

dbaajrjot aknv`rs, nkh`f`k pjrhjotnmjs, nod a`rgs. Gbej‒s Fnrd Kjgòndj wns no bostnot fbt

nod fns hòtboujd t` d` wjkk bo tfbs gnrejt. F`wjvjr, wbtf tfj p`puknrbzntbò à tfj

Aknv`rjd Gnkt Ljvjrnmj Bodustry bo tfj rjhjot yjnrs, Gbej‒s Fnrd Kjgòndj fns ljjo

abmftbom a`r tfj t`p sp`t ngòmst `tfjr AGL ljvjrnmjs. Ns à Cnounry <9>4, Gbej‒s fnd k`st

tfj Aknv`rjd Gnkt Ljvjrnmj gnrejt sfnrj kjnd t` tfj Lud Kbmft Kbgj angbky, wfbhf bohkudjs

tfj Kbgj-n- \btn aknv`rjd drboes. GbkkjrH``rs‒ \jdd‒s Nppkj Nkj bs nks` ljh`gbom n g`rj

bohrjnsbom tfrjnt t` tfj h`gpnoy nkòm wbtf tfj Xgbroàa Bhj lrnod. T` try t` rjmnbo tfj t`p

sp`t, tfj h`gpnoy fns djhbdjd t` tnej bts gnrejtbom pkno h`gpkjtjky dbmbtnk a`r tfjsj yjnrs‒

ndvjrtbsjgjots. Yrjvbùsky, Gbej‒s Fnrd Kjgòndj spjot nkg`st $>2 gbkkbò ò tjkjvbsbò

ndvjrtbsjgjots ljtwjjo <9>< nod <9>8 nod tfj h`gpnoy spjot $1.: gbkkbò d`kknrs ò

dbmbtnk ndvjrtbsbom knst yjnr.

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\JDD‒X NYYKJ NKJ KBGJ-N-\BTN

XNKJX $<>1 GBKKB@O $:9< GBKKB@O

GN\EJT XFN\J ><.4% <<.6%

ND XYJODBOM $89 GBKKB@O $>>.6 GBKKB@O

H@GYJTBT@\ BOA@\GNTB@O3

Fjrj bs n djjpjr k`è bot` Gbej‒s Fnrd Kjgòndj‒s h`gpjtbtbò bo tfj Aknv`rjd Gnkt

Ljvjrnmj (AGL) bodustry. Tfj bodustry bs n h`gpjtbtbvj òj, wbtf gnoy dbaajrjot lrnods nod

vnrbjtbjs jotjrbom tfj gnrejt. @oj dbrjht h`gpjtbt`r bs tfj Lud Kbtj Kbgj-N-\btn ljvjrnmj

ar`g Nofjusjr-Lushf. Bts snkjs bohrjnsjd 6>% bo tfj yjnr jodjd Gny >6, <9>4, t` $:9<

gbkkbò nod mnbojd <6.6% à tfj AGL gnrejt sfnrj. No`tfjr gnc`r h`gpjtbt`r bs \jdd‒s

Nppkj Nkj, gndj ly GbkkjrH``rs KKH nod knuohfjd ontbònkky bo jnrky <9>8, nod bs bo tfbrd

pknhj bo tfj bodustry wbtf ><.4% à tfj gnrejt sfnrj nod n 6=2.1% kjnp bo snkjs, t` $<>1

gbkkbò. Gbo`r h`gpjtbt`rs nrj Xgbroàa Bhj nod Twbstjd Tjn aknv`rjd gnkt ljvjrnmj lrnods.

Tw` bodbrjht h`gpjtbt`rs a`r Gbej‒s Fnrd Kjgòndj nrj hrnat ljjrs nod fnodgndj h`hetnbks

nod gbxjd drboes.

Lud Kbmft Kbgj-N-\btns bs p`sbtbòjd ns n rjarjsfbom lkjod à aknv`r tfnt gbxjs tfj tnstj à

no nutfjotbh gnrmnrbtn wbtf n spknsf à Lud Kbmft Kbgj. Tfj Kbgj-n-\btn bs gjnot t` hut tfj

fnsskj à luybom tfj nkh`f`k nod gbxbom pr`duhts nod tfjo fnvbom t` gjnsurj ùt ngùots

t` gnej n drboe tfnt tfj hòsugjr wùkd kbej. Bostjnd, Lud Kbmft‒s Kbgj-N-\btn d`js nkk tfj

w`re a`r tfj hòsugjr. Tfj pr`duht bs n ljjr-lnsjd gnrmnrbtn bo n hno. 1:% à Kbgj-n-\btn

drboejrs nrj w`gjo. \jdd‒s Nppkj Nkj p`sbtbòs btsjka ns n auo lrnod à fnrd nppkj nkj tfnt

nbgs t` hnpturj tfj nttjotbò à tfj hurbùs ljjr drboejr, gnkjs & ajgnkjs nmjs <>-8: yjnrs

`kd, wf` kbej t` try ùt dbaajrjot aknv`rs nod lrnohf ùt. Gbej‒s Fnrd Kjgòndj h`gpjtbt`rs

pknhj tfjbr nbg t`wnrds tfj yùomjr, auo k`vbom, jduhntjd hr`wd tfnt Gbej‒s FnrdKjgòndj nttrnhts ns wjkk. Yrbgnry rjsjnrhf sf`wjd tfnt rjspòdjots mjojrnkky prjajrrjd

\jdd‒s Nppkj Nkj `vjr Gbej‒s Fnrd Kjgòndj nod prjajrrjd Gbej‒s Fnrd Kjgòndj t` tfj

Lud Kbmft pr`duhts.

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H@GYJTBT@\ BOA@\GNTB@O (H@OTBOZJD)3

Lud Kbmft Kbgj-N-\btns pr`g`tjd tfjbr lrnod ly bohrjnsbom tfjbr gjdbn spjodbom ar`g $<.=

gbkkbò bo <9>< t` $>>.6 gbkkbò bo <9>8. Tfbs yjnr, dbrjht`r à gnrejtbom a`r Lud Kbmft

jxtjosbòs Tykjr Xbgpsò snbd tfnt spjodbom wbkk hòtbouj t` mr`w sbmobabhnotky, hòtboubom

t` bovjst bo tfj Kbgj-N-\btn lrnod nod lrnod jxtjosbòs. Guhf à tfj ludmjt bs

hòhjotrntjd ò TQ sp`ts a`r n hngpnbmo hnkkjd ‛Abjstn A`rjvjr‗, hrjntjd ly LLD@. Tfj

hngpnbmo nks` bohkudjs òkboj, s`hbnk gjdbn, nod prbot ndvjrtbsjgjots. Nt tfj sngj tbgj,

Lud Kbmft hòtboujs t` hrjntj ojw aknv`rs, nod hurrjotky fns tjo trndjgnre nppkbhntbòs abkjd

a`r nddbtbònk aknv`rs.

Tfj Abjstn A`rjvjr ndvjrtbsjgjots nrj lrbmft nod hfjjrauk. Tfj tjkjvbsbò h`ggjrhbnk

sf`ws n gno fnodbom ùt vnrbùs aknv`rs à tfj Kbgj-N-\btn ljvjrnmj jxtjosbòs t`

w`rejrs bo no àabhj, p``k-m`jrs, hùpkjs nod g`rj nod johùrnmjs tfjg t` a`rmjt tfj w`re

nod strjss tfnt ojjds t` lj dòj nod t` joc`y tfj g`gjot nod fnvj auo. Tfjy pr`g`tj

tfjbr lrnod ns no upljnt nod auo ljvjrnmj tfnt wùkd nppjnk t` n yùomjr nudbjohj tfnt

kbejs t` fnvj n m``d tbgj nod n obhj drboe.

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H@GYJTBT@\ BOA@\GNTB@O (H@OTBOZJD)3

‛Tfj \jdd‒s Nppkj Nkj nd knuohf hngpnbmo johùrnmjs hòsugjrs t` ‛lrnohf ùt.‗ Tfj

lrjw pnrtbhuknrky tnrmjts gjo nod w`gjo nmjs <> t` 84, n mrùp tfnt bs typbhnkky botjrjstjd

bo trybom ojw tfboms‗. Tfj hngpnbmo usjd tfj tnmkboj ‛Lrnohf @ut‗ nod sjvjrnk dbaajrjot

nppkj puos, kbej ‛dbaajrjot t` tfj h`rj‗ t` jgpfnsbzj bts nppkj tnstj, nttjgptbom t` dbstbomubsf

btsjka ar`g tfj hrnat ljjr nod `tfjr gnkt ljvjrnmj bodustry kbqu`r lrnods. Tfj

ndvjrtbsjgjots k`èjd l`kd nod tùmf. Tfj hngpnbmo gndj bt n p`bot t` jgpfnsbzj tfj

tnstj à tfj nppkj nod dbd s` bo no `lvbùs wny. A`r jxngpkj, n TQ sp`t a`r tfbs hngpnbmo

sf`wjd n gno mjttbom fbt bo tfj fjnd wbtf no nppkj wfjo tfboebom nlùt wfbhf ljjr t`

`rdjr. Tfj prbot ndvjrtbsjgjots nks` pknhj n l`kd jgpfnsbs ò tfj nppkj tnstj t` stnod

npnrt ar`g bts h`gpjtbt`rs. O` boa`rgntbò ò tfj jxnht ludmjt à tfj hngpnbmo hùkd lj

aùod, lut bt hno lj nssugjd t` lj knrmj sbohj bt bohkudjd n Xupjr L`wk sp`t, TQ

h`ggjrhbnks, dbmbtnk, prbot nod ùt à f`gj ndvjrtbsjgjots.

Nhh`rdbom t` Lbooys.h`g, n p`puknr nkh`f`kbh ljvjrnmj rjtnbkjr, n 1 pnhe à >>.9< `z. l`ttkjs

à Gbej‒s Fnrd Kjgòndj bs s`kd a`r $6.22, n 1 pnhe à >< `z. l`ttkjs à \jdd‒s Nppkj Nkj bs

s`kd a`r $6.22, nod n >< pnhe à 6`z hnos à Kbgj-N-\btns bs s`kd a`r $>9.22. Tfjrj hurrjotky

bs o` G\B dntn a`r \jdd‒s Nppkj Nkj. F`wjvjr tfj nkj nttrnhts tfj gnrejt a`r tf`sj k`èbomt` jotjr bot` tfj hrnat ljjr trjod, tf`sj tfnt dò‒t joc`y tfj tnstj à ljjr, nod tf`sj k`èbom

a`r n kbmft rjarjsfbom tnstj. \jdd‒s Nppkj Nkj bs s`kd `vjrsjns ns wjkk ns nhr`ss tfj Zobtjd

Xtntjs.

>9



JVTJ\ONK BOA@\GNTB@O3

O`w tfnt h`gpjtbt`rs wbtfbo tfj bodustry fnvj ljjo dbshussjd, fjrj bs n djjpjr k`è bot`

tfj Aknv`rjd Gnkt Ljvjrnmj (AGL) bodustry nod hurrjot trjods bo tfbs bodustry. Gbkkjoobnks

pkny n ejy pnrt bo djtjrgbobom trjods bo tfj bodustry. Nhh`rdbom t` tfj Z.X. Hjosus Lurjnu

tfjrj nrj rùmfky 69 gbkkjoobnks. Tfjy nrj nluodnot nod bgpnhtauk. Gbkkjoobnks nrj hurrjotky

nt tfj nmj wfjrj fnlbts nod lrnod k`ynktbjs ljbom a`rgjd, s` tnbk`rbom t` tfjbr wnots nod

ojjds bs hruhbnk bo hnpturbom gnrejt sfnrj.

@oj trjod tfnt naajhts tfj AGL bodustry bs tfj bohrjnsbom nwnrjojss nod hòhjro nlùt

fjnktf, wjkkojss, nod wjkk-ljbom. Bt wns rntjd ns òj à tfj kjndbom s`hbnk trjods tfnt wbkk

naajht tfj ojxt djhndj. Hòsugjrs nrj ljbom g`rj nod g`rj nwnrj nlùt `ljsbty,

dbnljtjs, fbmf lk``d prjssurj, nod `tfjr dbsjnsjs. Tfjy nrj ljmboobom t` wnthf wfnt tfjy

put bot` tfjbr l`dbjs nrj kjnobom t`wnrds purhfnsbom fjnktfbjr `ptbòs. Tfbs dbrjhtky naajhts

tfj hòsugptbò à nkh`f`k ljhnusj hòsugjrs nrj o`w ljh`gbom sjka-hòshbùs, s` gnoy

à Gbej‒s Fnrd Kjgòndj hòsugjrs nrj k`èbom a`r g`rj k`w-hnk`rbj `ptbòs.

No`tfjr trjod jxprjssjd ly tfj gbkkjoobnks bs tfj s`hbnk

trjod à lbomj drboebom, jspjhbnkky ngòmst yùomjr

bodbvbdunks. Tfj Ontbònk Bostbtutj ò Nkh`f`k Nlusj nod

Nkh`f`kbsg sf`ws tfnt g`rj tfno 69% à h`kkjmj studjots

hòsugj nkh`f`k, nod fnka à tf`sj wf` drboe hòsugj

nkh`f`k tfrùmf lbomj drboebom. Tfbs hno lj djabojd ns aùr

drboes a`r w`gjo nod abvj drboes a`r gjo bo n tw`-fùr

pjrb`d. Tfbs naajhts tfj aknv`rjd gnkt ljvjrnmj ljhnusj tfj

wnys bo wfbhf nkh`f`k bs ljbom hòsugjd bs hfnombom.

Drboes nrj hòsugjd qubheky bo nttjgpt t` ljh`gj

bot`xbhntjd anstjr, s` tfbs hùkd naajht tfj aknv`rjd gnkt

ljvjrnmj bodustry ljhnusj à bts k`wjr nkh`f`k pjrhjotnmj

tfno fnrd kbqu`rs. Tfbs hno nks` lj no `pp`rtuobty t` gnrejt

Gbej‒s Fnrdjr Kjgòndj pr`duhts bot` tfbs gnrejt, sbohj bt

l`nsts n fbmfjr nkh`f`k pjrhjotnmj.

>>



HZ\\JOT H@OXZGJ\X (XJH@ODN\R \JXJN\HF)3

Nhh`rdbom t` tfj G\B dntn, hurrjot hòsugjrs à Gbej‒s Fnrd Kjgòndj nrj

jduhntjd, gbddkj hknss, nod Hnuhnsbno. Tfjy nrj typbhnk à wfnt yù wùkd abod bo

g`st sulurls nhr`ss Ngjrbhn. Tfj G\B dntn sf`ws tfnt tfj gnbo hòsugjrs nrj

ljtwjjo tfj nmjs <:-:4 nod g`rj w`gjo tfno gjo hf``sj t` drboe Gbej's. Gnc`rbty

fns mrnduntjd h`kkjmj nod w`re bo pràjssbònk `r àabhj `hhupntbòs. Tfjy sfnrj n

fùsjf`kd boh`gj à $=:,999-$>:9,999+. Aurtfjrg`rj, gnrrbjd hùpkjs nrj g`rj

kbejky t` purhfnsj Gbej's h`gpnrjd t` ojvjr gnrrbjd, jomnmjd, `r wbd`wjd, dbv`rhjd

nod sjpnrntjd.

@ur hurrjot hòsugjrs nrj botjrjstjd bo g`rj jduhntbònk tjkjvbsbò nod gjdbn

hf`bhjs. Tfjy hf``sj hfnoojks suhf ns Tfj Dbsh`vjry Hfnoojk, Fbst`ry Hfnoojk,

Tfj ]jntfjr Hfnoojk nod tfj ojws hfnoojks nod rjnd ojws gnmnzbojs nod

dbstrblutjd ojwspnpjrs g`rj tfno jotjrtnbogjot `ptbòs. Tfjy nks` nrj sp`rts anos

nod f`gjgnejrs5 tfjy wnthf JXYO nod A``tlnkk ò tfj wjjejods, ns wjkk ns Tfj

A``d Ojtw`re, nod rjnd Ljttjr F`gjs nod Mnrdjos. @okboj, tfjy nrj k`ynk t`

M``mkj, hf``sbom Mgnbk, nod M``mkj gnps `vjr `tfjr `ptbòs. Tfjy nrj qubhe t` k`è

up boa`rgntbò, arjqujotbom ]jlGD nod ]bebpjdbn, nkòm wbtf ojws sbtjs, suhf ns

HOO, nod wjntfjr.h`g. Tfjy nrj botjrjstjd bo òkboj sf`ppbom nod usj jLny nod Ngnzò nod nks` kbstjo t` òkboj rndb` suhf ns Ynod`rn.

Tfjsj hurrjot hòsugjrs g`st hk`sjky bdjotbay wbtf tfj QNKX typj, "Tfboejrs."

Tfboejrs nrj pj`pkj wf` nrj gnturj, wjkk jduhntjd, eo`wkjdmjnlkj nod sntbsabjd.

Tfjy ejjp tfjgsjkvjs wjkk boa`rgjd wbtf wfnt bs fnppjobom nrùod tfjg nod nkwnys

sjje t` gnej tfj g`st boa`rgjd djhbsbò. Tfboejrs tjod t` lj g`rj hòsjrvntbvj nod

nrj vjry m``d nt gnonmbom tfjbr abonohjs. Tfjy vnkuj pr`duhts tfnt nrj prnhtbhnk nod

auohtbònk.

><



HZ\\JOT H@OXZGJ\X (Y\BGN\R \JXJN\HF)3

Tfj prbgnry rjsjnrhf hòduhtjd bodbhntjd tfnt tfjrj nrj `tfjr hòsugjrs à Gbej‒s

Fnrd Kjgòndj, lut tfjy d` o`t purhfnsj ns arjqujotky ns tfj gnbo hurrjot

hòsugjrs. Bt bs tfrùmf tfbs abodbom tfnt kjnd t` tfj ojw pkno à gnrejtbom t`wnrd

gbkkjoobnks. Ly hòduhtbom n a`hus mrùp, bt wns djtjrgbojd tfnt Gbej‒s Fnrd

Kjgòndj‒s h`rj vnkuj rjsòntjd wbtf gbkkjoobnk w`gjo >6-84 spjhbabhnkky Gbej‒s

tnmkboj ‛]fjo kbaj fnods yù kjgòs, ndd nkh`f`k‗.

>8



MJ@M\NYFBHNK JGYFNXBX3

Tfj Gbej‒s Fnrd Kjgòndj bs ns pr`gbojot ns g`st gnc`r ljjr lrnods bo tjrgs à

tfjbr st`rjaròt prjsjohj. Tfj ljvjrnmj bs no nktjrontbvj twbst t` ljjr, s` bt bs àtjo

dbspknyjd bo pr`xbgbty t` n st`rj‒s ljjr sjkjhtbò. G`st hòsugjrs à Aknv`rjd Gnkt

Ljvjrnmjs wbkk nks` luy nhr`ss n guktbtudj à sjmgjots. ]fjrjvjr ljjr bs st`hejd bo

n hòvjobjohj `r supjrgnrejt, tfjrj bs n prjtty m``d hfnohj tfnt Gbej‒s Fnrd wbkk

nks` lj àajrjd tfjrj ns wjkk. Tfjy nrj typbhnkky dbspknyjd sbdj-ly-sbdj wbtf tfj ljjr,

nod nkòmsbdj tfj `tfjr Aknv`rjd Gnkt Ljvjrnmj h`gpjtbt`rs, suhf ns Lud Kbmft‒s

Kbgj-n-\btn, \jdd‒s Nppkj Nkj, Xgbroàa Bhj, Lnhnrdb Xbkvjr, Xjnmrng‒s, nod `tfjrs.

Gbej‒s Fnrd Kjgòndjs‒ prjsjohj bs fjnvy nkk tfrùmfùt tfj ZX, ns bt bs n ontbònkky

dbstrblutjd ljvjrnmj.

Ojw trjods johùrnmj Gbej's Fnrd Kjgòndjs‒ jxpnosbò `vjrsjns bot` pnrts à

Jur`pj, ns wjkk ns tfj ojwky djvjk`pbom gnrejts tfrùmfùt Nsbn. Tfj Aknv`rjd Gnkt

Ljvjrnmj hntjm`ry fns sjjo n rjvbvnk `vjr rjhjot yjnrs, nod bt bs rnpbdky jxpnodbom

nt ojw mk`lnk rntjs. Nddbtbònkky, a`r Gbej‒s Fnrd Kjgòndj bo spjhbabh, tfj ojw

lrnodjd sjnk ò jnhf l`ttkj tfnt stntjs ‛hrnatjd t` rjg`vj mkutjo‗ mbvjs tfj h`gpnoy

ojw mr`wtf `pp`rtuobtbjs bot` fjnktf-hòshbùs gnrejts/rjmbòs wbtfbo tfj Zobtjd

Xtntjs, suhf ns tfj rjmbòs nkòm tfj ]jst H`nst.

>4



XJNX@ONLBKBTR + TBGBOM3

Tfj tnrt nod rjarjsfbom tnstj à Gbej‒s Fnrd ljvjrnmjs gnej tfbs n pjrajht

suggjrtbgj ljvjrnmj a`r n wnrg dny/obmft ò tfj ljnhf, lnheynrd, r`àt`p, aròt

p`rhf, `r wfnt fnvj yù. Gbej‒s Fnrd Kjgòndj bs n wjkk-jstnlkbsfjd lrnod ongj

nod hòsbstjotky s`kd yjnr-rùod, uokbej s`gj à bts sjnsònkky jxhkusbvj h`gpjtbt`rs.

Tfùmf tfj snkjs nod `vjrnkk p`puknrbty l``g durbom sprbom nod suggjr gòtfs, tfj

ljvjrnmj stbkk gnonmjs t` djkbvjr nhhjptnlkj yjnr-rùod rjsukts. Tfjrj nrj nks` ojw

vnrbntbòs à Gbej‒s Fnrd t` gjjt tfj hòsugjr trjods durbom h``kjr gòtfs. Gbej‒s

Fnrd Kjgòndjs‒ lusbjst tbgj à tfj yjnr bs tfj suggjr gòtf rnomj à Gny t`

Numust. Ns tfj tjgpjrnturj bohrjnsjs nhr`ss tfj ontbò s` d` tfj snkjs à Gbej‒s

Fnrd Kjgòndj. Tfrùmf prbgnry rjsjnrhf, hòsugjrs noswjrjd tfnt tfjy drboe

Gbej‒s Fnrd Kjgòndj durbom tfj suggjr wbtf 28% à rjspòdjots noswjrbom tfnt

tfjy drnoe Gbej‒s Fnrd durbom tfj suggjr gòtfs.

>:



H@OXZGJ\ DJHBXB@O Y\@HJXX(H@OXZGJ\ Y\@ABKJ)3

` 21% à tfj rjspòdjots fnd trbjd Gbej‒s Fnrd Kjgòndj lja`rj--n gnc`rbty à

wfbhf stntbom tfnt tfjy wjrj ‛s`gjwfnt sntbsabjd‗ t` ‛sntbsabjd‗ wbtf tfj `vjrnkk

hòsugptbò jxpjrbjohj.

` 28% à tfj rjspòdjots snbd tfnt tfjy drnoe Gbej‒s Fnrd Kjgòndj bo tfj

suggjr.

` Xurvjy sngpkj wns anbrky nhtbvj bo obmftkbaj wbtf tfj nvjrnmj rjspòdjot hknbgbom

t` m` ùt hk`sj t` 4 obmfts n wjje.

` X`kbd bosbmft tfnt tf`sj nhtbvj bo hòsugbom nkh`f`k nrj wjkk nwnrj à tfj Gbej‒s

Fnrd lrnod, nod hòsbdjr/fnvj hòsbdjrjd purhfnsbom bt lja`rj--jspjhbnkky bo tfj

suggjr.

` Bo mjojrnk, tfj Aknv`rjd Gnkt Ljvjrnmj hntjm`ry bs àtjo djjgjd ns òj wbtf n

‛ajgboboj‗ hòo`tntbò

` Hntjm`ry bs sjjo ns trnosbtbònk hntjm`ry tfnt kbjs ljtwjjo ljjr nod fnrd kbqu`r.

` AGL hntjm`ry nks` hòsugjd ns no nktjrontbvj t` ljjr wbtf n aknv`rauk twbst.

` @vjr 69% à survjy rjspòdjots nmrjjd tfnt Gbej‒s Fnrd Kjgòndj bs a`r

w`gjo t` hòsugj.

! Bròbhnkky, Gbej‒s Fnrd Kjgòndj wns `rbmbonkky hrnatjd t` nppjnk ns n

‛Fnrd‗ ljvjrnmj a`r gnkj hòsugptbò.

` \jsukts hòabrg ajgboboj ljkbjas à tfj Aknv`rjd Gnkt Ljvjrnmj hntjm`ry--hno

nppky t` Gbej‒s Fnrd Kjgòndjs‒ h`gpjtbtbò t``.

>1



H@OXZGJ\ DJHBXB@O Y\@HJXX(HZ\\JOT H@OXZGJ\ GJDBN ZXJ)3

` 6<% à survjy rjspòdjots stntjd tfjy fnvj ljjo jxp`sjd t` n Gbej‒s Fnrd

Kjgòndj ndvjrtbsjgjot nt kjnst òhj.

` Ojnrky 18% à tfj nvjrnmj rjspòdjot‒s tbgj hòsugbom gjdbn bs spjot òkboj,

nod <<% tfrùmf tjkjvbsbò.

` Tfj dbmbtnk spnhj bs jvjr-jv`kvbom nod mr`wbom rnpbdky, jspjhbnkky a`r tfj g`rj

yùtfauk djg`mrnpfbhs.

` Tbgj òkboj bs spjot nhr`ss s`hbnk gjdbn sbtjs nod wjlsbtjs, suhf ns Luzzajjd.

` Tfjy nrj hòstnotky hòsugbom òkboj tfrùmfùt tfj dny wfjrjvjr tfjy fnvjnhhjss t` tfj Botjrojt--vbn g`lbkj `r nt f`gj.

>=



H@OXZGJ\ DJHBXB@O Y\@HJXX(L\NOD NXXJXXGJOT)3

` H`gpjtbtbò bohkudjs lrnods suhf ns Lud Kbmft‒s Kbgj-N-\btn, \jdd‒s Nppkj Nkj,

Xgbroàa Bhj, Lnhnrdb Xbkvjr, Xjnmrng‒s Jshnpjs nod H``kjrs, nod `tfjrs.

` Gbej‒s Fnrd Kjgòndj fns gnbotnbojd n stjndy <od pknhj sp`t bo snkjs wbtfbo tfj

AGL hntjm`ry .

` Yurhfnsjs bo tfj AGL hntjm`ry rjky ò ljbom subtnlkj a`r tfj sbtuntbò

` Gbej‒s Fnrd Kjgòndj bs tfj ljvjrnmj à hf`bhj a`r gnoy bo tfj suggjr gòtfs,

ljnrbom n tnrt nod rjarjsfbom kjgòndj tnstj tfnt bs o`stnkmbh t` n hòsugjr‒s

hfbkdf``d--lut wbtf no ndukt tnej ò tfj tbgjkjss suggjrtbgj ljvjrnmj.

` H`gpjtbt`rs suhf ns Xgbroàa Bhj nod Lnhnrdb Xbkvjr a`hus kjss ò sjnsònkbty,

nod nbg t` djkbvjr no AGL tfnt bs h`fjsbvj wbtf tfj obmftkbaj shjoj.

` Tfjy àajr n g`rj ojutrnk aknv`r tfnt hno lj ndnptjd t` tnstj prjajrjohjs yjnr-

rùod-- jspjhbnkky wfbkj ùt nt obmft.

` Aknv`r bs g`rj bgp`rtnot o`w tfno jvjr lja`rj a`r AGL hòsugjrs.

` Kbgj-N-\btn‒s suhhjss rjkbjs ò tfj bdjn à tfj ‛noytbgj gnrmnrbtn‗ tfnt bs rjndy

t` drboe ùt à tfj hno.

` Gnrmnrbtns fnvj n tnstj tfnt hno ndnpt t` gnoy sbtuntbòs, tfùmf bt‒s o`t ojutrnk.

` Gbej‒s Fnrd Kjgòndj bs o`t hòsbdjrjd n ‛ojutrnk‗ aknv`r.

` \jkbjs ò tfj sbtuntbò nod hòvjobjohj t` lj hòsugjd.

` ]fjo tfj sbtuntbò bs rbmft, Gbej‒s Fnrd Kjgòndj djkbvjrs n aknv`r tfnt gnoy

djsbrj--ns pr`vjo ly n suhhjssauk fbst`ry.

>6



H@OXZGJ\ DJHBXB@O Y\@HJXX(H@OXZGJ\ DJHBXB@O Y\@HJXX G@DJK)3

T` uodjrstnod tfj ljfnvb`r à AGL hòsugjrs, nod Gbej‒s Fnrd Kjgòndj bo spjhbabh--bt bs fjkpauk t`

lrjned`wo tfj purhfnsj hyhkj tfrùmf tfj Hòsugjr Djhbsbò Yr`hjss g`djk3

>) OJJD3

` ]fjo n hòsugjr jotjrs n st`rj, tfj ojjd t` purhfnsj nkh`f`k bs jstnlkbsfjd eo`wbom tf

ojjd n spjhbabh typj à nkh`f`k. N spjhbabh sjmgjot, suhf ns AGL, bs ojjdjd.

! A`r Gbej‒s Fnrd Kjgòndj, tfj djvjk`pgjot à tfj ojjd rjkbjs fjnvbky ò sbtuntbò no

hòvjobjohj. A`r bostnohj, ba n hòsugjr bs n ajgnkj (`r n gnkj luybom a`r n ajgnkj), tf

wjntfjr bs wnrg, tfjy wnot s`gjtfbom aknv`rauk wbtfùt tfj tnstj à nkh`f`k, nod tfjy

sjje hòvjobjohj bo tfj hòsugptbò nod purhfnsj (b.j. o` gbxbom)--tfjo n ojjd a`r n

Aknv`rjd Gnkt Ljvjrnmj bs jstnlkbsfjd.

<) N]N\JOJXX3

` ]fjo n hòsugjr nppr`nhfjs tfj nkh`f`k dbspknys, tfjy eo`w tfjy nrj k`èbom a`r n AGL

ngòmst no nrrny à tfj vnrbùs nkh`f`kbh ljvjrnmj sjmgjots tfnt rnomj ar`g ljjr, wboj,

kbqu`r, nod gnkt ljvjrnmjs. Tfj hòsugjr wbkk ljh`gj nwnrj à tfj lrnods nvnbknlkj t`

sntbsay tfbs ojjd.

! Tfjy nrj nwnrj à n ougljr à lrnods bo tfj AGL hntjm`ry, bohkudbom Gbej‒s Fnrd

Kjgòndj-- duj t` bts uobquj kjgòndj aknv`r, gjg`rnlkj lrnodbom, nod pnst

ndvjrtbsbom.

8) Y\JAJ\JOHJ3

` Tfj hòsugjr wbkk tfjo onrr`w tfjbr djhbsbò d`wo t` sjvjrnk lrnods tfjy wùkd hòsbdj

purhfnsbom, nod tfj prjajrjohj à n ajw lrnods bs jstnlkbsfjd.

! Bo tfbs hnsj, n hòsugjr wùkd k`è nt Lud Kbmft Kbgj-N-\btn, Gbej‒s Fnrd Kjgòndj,

nod Xgbroàa Bhj.

>2



H@OXZGJ\ DJHBXB@O Y\@HJXX(H@OXZGJ\ DJHBXB@O Y\@HJXX G@DJK - H@OTBOZJD)3

4) XJN\HF3

` @ohj n hòsugjr fns jstnlkbsfjd n prjajrjohj à lrnods, tfjy wbkk tfjo sjnrhf tfrùmf

tfjsj lrnods t` sjj wfnt lrnod bs ljst a`r tfj sbtuntbò bo wfbhf tfjy wbkk hòsugj tfj

nkh`f`k.

! Tfj Kbgj-N-\btn bs tfj noytbgj, prj-gbxjd gnrmnrbtn hno, Gbej‒s Fnrd bs tfj rjarjsfbom

ndukt kjgòndj, nod Xgbroàa Bhj fns n ojutrnk aknv`r tfnt bs n m``d hf`bhj nt obmft `vj

ljjr nod v`den.

:) XJKJHTB@O3

` Tfj hòsugjr tfjo sjkjhts òj lrnod `vjr tfj `tfjrs.

! Bo tfj hnsj à Gbej‒s Fnrd, n hòsugjr wbkk lj spjodbom tfj tfbs wnrg dny ùtd``rs no

bo tfj suo. Tfjrja`rj, tfj sjkjhtbò bs ljtwjjo Kbgj-N-\btn nod Gbej‒s Fnrd. Tfj

hòsugjr prjajrs, `r eo`w wf` tfj pjrsò tfjy nrj luybom a`r prjajrs, n kbmftjr tnstj

`vjr n gnrmnrbtn, tfus sjkjhtbom Gbej‒s Fnrd. O`t t` gjotbò tfjy nks` rjnd tfj ‛Hrnatjd

t` \jg`vj Mkutjo‗ knljk, wfbhf aurtfjr hòabrgs tfj sjkjhtbò.

1) YZ\HFNXJ + ZXJ3

` Natjr tfj sjkjhtbò bs gndj, nod n spjhbabh lrnod bs purhfnsjd nod hòsugjd.

! X`, natjr sjkjhtbom Gbej‒s Fnrd Kjgòndj, tfj ljvjrnmj bs purhfnsjd nod kntjr

hòsugjd—`r dbstrblutjd t` hòsugj

=) XNTBXANHTB@O3

` Tfj kjvjk à sntbsanhtbò tfj hòsugjr rjhjbvjs ar`g tfjbr purhfnsj djtjrgbojs wfjtfjr

tfbs purhfnsj hyhkj wbkk tnej pknhj a`r auturj `hhnsbòs.

! Ba tfj hòsugjr mnbos sntbsanhtbò ar`g hòsugbom Gbej‒s Fnrd Kjgòndj, tfjo bt bs

fbmfky kbejky tfjy wbkk hòsbdjr purhfnsbom bt nmnbo.

<9



H@OXZGJ\ DJHBXB@O Y\@HJXX(H@OXZGJ\ DJHBXB@O Y\@HJXX G@DJK - H@OTBOZJD)3

Ar`g tfj survjy, 21% à rjspòdjots fnd trbjd Gbej‒s Fnrd Kjgòndj. Ljhnusj suhf n

fbmf pjrhjotnmj à tfj tnrmjt nudbjohj fnd trbjd tfj pr`duht, Gbej‒s Fnrd Kjgòndj fns

fbmf lrnod nwnrjojss wbtfbo tfj tnrmjt nudbjohj nod bs n eo`wo aknv`rjd gnkt ljvjrnmj.Tfbs abodbom dbrjhtky nhh`rds wbtf tfj gnrejtbom `lcjhtbvj t` g`vj bot` tfj ougljr òj sp`t

bo tfj aknv`rjd gnkt ljvjrnmj gnrejt sfnrj. Bo `rdjr t` g`vj bot` tfj ougljr òj sp`t bo

tfj aknv`rjd gnkt ljvjrnmj, bt bs bgp`rtnot t` a`hus ndvjrtbsbom jaa`rts ò yùom gbkkjoobnk

w`gjo. Tfbs wùkd tnej nwny gnrejt sfnrj a`r l`tf Kbgj-N-\btn nod \jdd‒s wf`sj gnbo

hòsugjrs nrj yùom gbkkjoobnks. Tfj survjy nks` bodbhntjd tfnt Gbej‒s Fnrd Kjgòndj bs

gnboky hòsugjd durbom tfj suggjr gòtfs, wfbhf wns nks` hòabrgjd durbom tfj a`hus

mrùp.

EJR ^Z@TJX A\@G A@HZX M\@ZY3

‛B wùkd wnot n Gbej‒s Fnrd wfjo B wnot s`gjtfbom kbmft nod rjarjsfbom lut nks` s`hbnlkj. B

wùkd pr`lnlky òky drboe Gbej‒s Fnrd bo n mrùp sjttbom. B ng g`rj bohkbojd t` drboe Gbej‒s

Fnrd ùtd``rs wbtf arbjods nt f`gj `r bo n pulkbh spnhj.‗ - Trnhy, <>

‛B prjajr tfj tnstj à Gbej‒s Fnrd h`gpnrjd wbtf Lud Kbmft Kbgj-N-\btn `r ljjr ljhnusj B

ajjk l`tf nrj t`` fjnvy à drboes. B wnot s`gjtfbom kbmft nod hno joc`y tfj tnstj‗ - Hnrkbj, <8

‛]fjo B tfboe à Gbej‒s Fnrd, B tfboe à suggjr. B usunkky drboe tfjg wbtf arbjods nt tfj

ljnhf `r ly gy p``k durbom tfj suggjr.‗ - Ljtf, <>

<>



X]@T NONKRXBX3

>) XT\JOMTFX3

` Gbej‒s Fnrd Kjgòndj fns stròm lrnod rjh`mobtbò5 n gnc`rbty à tf`sj wf`hòsugj nkh`f`k fnvj fjnrd `r hòsugjd tfj lrnod

` Tfj h`gpnoy bs hòsbstjotky n t`p pjra`rgjr bo tfj Aknv`rjd Gnkt Ljvjrnmj (AGL)

hntjm`ry-- hurrjotky tfj <od ljst

` Tfj lrnod l`nsts n uobquj gnrejt p`sbtbò ns n ‛Fnrd‗ kjgòndj, nod wns tfj abrst

à bts ebod t` lrnod n pr`duht bo suhf n wny

` \jhjot lrnodbom wbtf n sjnk stntbom ‛Hrnatjd t` \jg`vj Mkutjo‗ nppjnks t` dbjtnry

botjrjsts, nod p`tjotbnkky ojw gnrejts

` Gbej‒s Fnrd Kjgòndj jxhjks bo suggjr ngòmst tfj AGL hntjm`ry wbtf stròm

snkjs, nod nhhjptnlkj snkjs yjnr-rùod--ns `pp`sjd t` s`gj sjnsònkky jxhkusbvj

h`gpjtbt`rs

` Trnosbtbòjd tfjbr gnrejtbom nppr`nhf t` nkg`st jxhkusbvjky dbmbtnk/òkboj bo `rdjr t`

g`st jaajhtbvjky t` rjnhf tfjbr dbmbtnk hòsugbom tnrmjt gnrejt

<) ]JNEJOJXXJX3

` Tfj ljvjrnmj bs àtjo djjgjd ns n ‛mbrky‗ ljvjrnmj hf`bhj--drboebom Aknv`rjd Gnkt

Ljvjrnmj hntjm`ry bs snbd t` rjduhj gnshukbobty a`r gnkj hòsugjrs

` Bggjrsbvj dbmbtnk nppr`nhf kbgbts `pp`rtuobtbjs nhr`ss `tfjr gjdbugs, nod a`rhjs

tfj h`gpnoy t` put ‛nkk à bts jmms bo òj lnsejt‗

` Gbej‒s Fnrd Kjgòndj bs typbhnkky o`t n ljvjrnmj hf`bhj bo tfj obmftkbaj shjoj,

wfjrjns gnoy à Gbej‒s dbrjht h`gpjtbt`rs tnrmjt tfbs hr`wd jaajhtbvjky

` Tfj kjgòndj bs o`t n ‛ojutrnk‗ aknv`r tfnt pj`pkj hno nkwnys hòsugj--Gbej‒s Fnrdbs kbgbtjd t` bts sbtuntbònk hòsugptbò (b.j. dnytbgj, suggjr, ljnhf, ùtsbdj, wnrg

wjntfjr, jth.)

<<



X]@T NONKRXBX (H@OTBOZJD)3

8) @YY@\TZOBTBJX3

` Tfj Aknv`rjd Gnkt Ljvjrnmj (AGL) hntjm`ry fns sjjo n rjvbvnk `vjr rjhjot yjnrs,wbtf fbmfjr djgnods a`r nkh`f`kbh ljvjrnmjs pnhejd wbtf aknv`r nod dò‒t tnstj kbej

nkh`f`k

` Gbkkjoobnks nrj fbmfky-nhtbvj nhr`ss tfj dbmbtnk spnhj, nod tfjy hòstnotky sjje

botjrnhtbò wbtf tfjbr anv`rbtj lrnods (Gbej‒s Fnrd fns tnejo n stròmjr botjrjst bo

tfjbr dbmbtnk gnrejtbom)

` Hòsugjrs nrj g`rj fjnktf-hòshbùs nlùt wfnt tfjy hòsugj o`w g`rj tfno

jvjr, nod tfjrj bs n stròm jgpfnsbs ò qunkbty à bomrjdbjots (Gbej‒s lrnodbom

tfjgsjkvjs ns ‛Hrnatjd t` \jg`vj Mkutjo‗ hno nppjnk t` suhf sjosj)

` Tfj rjvbvnk à tfj AGL gnrejt fns kjd t` no hntjm`rbhnk jxpnosbò tfrùmfùt

Jur`pj, ns wjkk ns n mr`wbom botjrjst bo pnrts à Nsbn

4) TF\JNTX3

` ]btf tfj mr`wbom AGL hntjm`ry, ojw lrnods nod lrnod jxtjosbòs tfrjntjo t` pusf

ùt jxbstbom lrnods nod rjduhj t`p pjra`rgjrs‒ snkjs--tfrjnt t` snturntj tfj hntjm`ry

wbtf t`` gnoy `ptbòs

` Ojw lrnods nod jxtjosbòs nbg t` tnrmjt stjndbky mr`wbom obmftkbaj trjods, nod gnbo

h`gpjtbt`rs nrj suhhjssaukky ljh`gbom n ‛h`ggò‗ ljvjrnmj à hf`bhj a`r AGL

`ptbòs nt tfj lnr (Gbej‒s Fnrd bs k`sbom snkjs ly o`t w`rebom t` abt bot` tfjsj trjods)

` ]btf gnrejtbom t` hjrtnbo, boakujotbnk djg`mrnpfbhs, suhf ns gbkkjoobnks, nod

lrnodbom n ljvjrnmj ns s`gjtfbom ns nppjnkbom ns kjgòndj rbses nppjnkbom t`

uodjrnmj drboejrs

<8



Y\BGN\R \JXJN\HF YKNO

Gbej‒s Fnrd Kjgòndj hno mnbo gnrejt sfnrj ly tnrmjtbom n skbmftky yùomjr nod

spjhbabh tnrmjt nudbjohj à w`gjo >6-84. Tfjrj nrj rùmfky 8< gbkkbò w`gjo bo tfj

Zobtjd Xtntjs nmjd <9- 84 tfnt nrj stbkk jxpjrbgjotbom wbtf nkh`f`k nod `pjo t` ojw

ljvjrnmj typjs. Tfj dbsp`snlkj boh`gj à w`gjo bo tfbs tnrmjt gnrejt bs no

`pp`rtuobty a`r Gbej‒s Fnrd Kjgòndj t` mnbo lrnod k`ynk hòsugjrs nod bohrjnsj

gnrejt sfnrj.

>) XZ\QJR3

` Nssbst bo onrr`wbom d`wo spjhbabh qujstb os

` Nlkj t` mnbo boa`rgntbò qubheky nod nonkyzj tfj dntn bo n tbgjky gno`r

` Jnsbky dbstrblutjd t` n wbdj vnrbjty à pj`pkj wbtf dbaajrjot djg`mrnpfbhs nod

psyhf`mrnpfbhs

` Xjmgjot dntn nod djvjk`p qujstbòs tfnt ojjd aurtfjr rjvbjw `r boa`rgntbò

<) A@HZX M\@ZY3

` Zsjd t` mnbo g`rj bosbmftauk eo`wkjdmj nod uodjrstnodbom à tfj tnrmjt nudbjohj

` G`djrnt`r hno hòtbouj t` nse qujstbòs t` spnre hòvjrsntbò ljtwjjo

pnrtbhbpnots

` Kjnro psyhf`mrnpfbh boa`rgntbò nlùt tfj tnrmjt nudbjohj nod g`rj kbajstykj

qujstbòs

<4



\NTB@ONKJ, M@NKX nod @LCJHTBQJX3

>) XZ\QJR3

` \jsjnrhf wfy w`gjo >6-84 wùkd drboe Gbej‒s Fnrd Kjgòndj` Abod ùt wfnt tbgj à yjnr w`gjo >6-84 hòsugj Gbej‒s Fnrd Kjgòndj

` Mntfjr boa`rgntbò nlùt tfj typjs à gjdbugs tfj tnrmjt nudbjohj bs jxp`sjd t`

ò n dnbky lnsbs

` Abod tfj ljst gjdbug t` rjnhf tfj tnrmjt gnrejt nod wfjrj tfj ljst k`hntbò à

ndvjrtbsjgjots wùkd lj bo `rdjr a`r tfj tnrmjt nudbjohj t` sjj tfj nds

` Xjj f`w Gbej‒s Fnrd Kjgòndj h`gpnrjs t` h`gpjtbt`rs (strjomtfs nod

wjneojssjs)

` Djtjrgboj lrnod pjrhjptbò nod ba h`rj vnkujs à Gbej‒s Fnrd Kjgòndj rjsòntj

wbtf tnrmjt nudbjohj

` Djtjrgboj lrnod nwnrjojss ngòm tnrmjt nudbjohj

<) A@HZX M\@ZY3

` Mntfjr boa`rgntbò ò wfnt spjhbabh ùtkjts w`gjo nrj botjrjstjd bo `r spjod tfjbr

tbgj bggjrsjd bo a`r jnhf gjdbug

` Djtjrgboj f`w t` dbmbtnkky jomnmj tfj tnrmjt nudbjohj

` Xjj f`w Gbej‒s Fnrd h`gpnrjs t` tfj h`gpjtbt`rs

` Djtjrgboj lrnod pjrhjptbò nod ba h`rj vnkujs à Gbej‒s Fnrd Kjgòndj rjsòntj

wbtf tnrmjt nudbjohj

<:



GJTF@D DJXH\BYTB@O3

N survjy wns gndj t` ljttjr uodjrstnod tfj tnrmjt nudbjohj. \jspòdjots wjrj nsejd >8

qujstbòs nlùt wfnt tfjy k`è a`r bo n aknv`rjd gnkt ljvjrnmj. Tfj rjspòdjots wjrj

nsejd t` rnoe nhh`rdbom t` prjajrjohj Gbej‒s Fnrd nod tfj gnbo h`gpjtbt`rs bo `rdjr t` sjj

f`w Gbej‒s h`gpnrjd t` tfj `tfjr lrnods. Tfj survjy nks` bohkudjd djg`mrnpfbh

boa`rgntbò nod qujstbòs rjmnrdbom tfj lrnod pjrsònkbty à Gbej‒s Fnrd. N t`tnk à 66

pj`pkj noswjrjd tfj survjy durbom O`vjgljr ><tf, <9>4 nod O`vjgljr <9tf, <9>4.

N a`hus mr up wns hòduhtjd o O`vjgljr <2tf, <9>4 t` aurtfjr uodjrstnod w`gjo >6-<4.

N gjgljr a tfj Gbej‒s Fnrd tjng g`djrntjd tfj a`hus mrùp nod nsejd qujstbòs nlùt

gjdbn hòsugptbò nod kbajstykj. Tfj a`hus mrùp hòtnbojd sbx w`gjo ljtwjjo tfj nmjs

à >6 nod 84.

Y\BGN\R \JXJN\HF ABODBOMX3

Tfrùmf n sjrbjs à >8 qujstbòs prjsjotjd dbmbtnkky ns n survjy, 21% à rjspòdjots fnd

trbjd Gbej‒s Fnrd Kjgòndj. Ljhnusj suhf n fbmf pjrhjotnmj à tfj tnrmjt nudbjohj fnd

trbjd tfj pr`duht, Gbej‒s Fnrd Kjgòndj fns fbmf lrnod nwnrjojss wbtfbo tfj tnrmjt

nudbjohj nod bs n eo`wo aknv`rjd gnkt ljvjrnmj. Tfbs abodbom dbrjhtky nhh`rds wbtf tfj

gnrejtbom `lcjhtbvj t` g`vj bot` tfj ougljr òj sp`t bo tfj aknv`rjd gnkt ljvjrnmj gnrejt

sfnrj. Bo `rdjr t` g`vj bot` tfj ougljr òj sp`t bo tfj aknv`rjd gnkt ljvjrnmj, bt bs

bgp`rtnot t` a`hus ndvjrtbsbom jaa`rts ò yùom gbkkjoobnk w`gjo. Tfbs wùkd tnej nwny

gnrejt sfnrj a`r l`tf Kbgj-N-\btn nod \jdd‒s wf`sj gnbo hòsugjrs nrj yùom

gbkkjoobnks. 6<% à rjspòdjots snbd tfjy fnd sjjo s`gj a`rg à ndvjrtbsjgjot a`r Gbej‒s

Fnrd Kjgòndj nod g`st à tfj rjspòdjots snbd tfnt tfjy wjrj s`gjwfnt sntbsabjd `rsntbsabjd wbtf tfj pr`duht. Tfj rjspòdjots nrj sbmobabhnotky g`rj jxp`sjd t` tfj òkboj

gjdbug wfjo h`gpnrjd t` prbot, rndb` nod tjkjvbsbò.

<1



GJTF@D DJXH\BYTB@O

(Y\BGN\R \JXJN\HF ABODBOMX ‘ H@OTBOZJD)3

\jspòdjots ljkbjvjd tfnt Gbej‒s Fnrd bs sjjo ns n mbrky ljvjrnmj, lut nks` kbmft nod

rjarjsfbom. Tfbs bs hòsbstjot wbtf tfj hf`bhj t` òky tnrmjt w`gjo. N t`tnk à 66

survjys wjrj rjh`rdjd nod tfj survjys wjrj dbstrblutjd ar`g O`vjgljr ><tf, <9>4uotbk O`vjgljr <9tf, <9>4. Tfj survjy wns n m``d pr`vbdjr à bosbmfts bot` tfj tnrmjt

nudbjohj wbtf tfj gnc`rbty à rjspòdjots ljbom w`gjo >6-<4.

N a`hus mrùp wns hòduhtjd t` mnbo bosbmfts bot` tfj gbods à tfj tnrmjt nudbjohj.

Ejy qujstbòs tfnt tfj a`hus mrùp k`èjd bot` wjrj3 ]fnt kbvj tjkjvbsbò d` yù

wnthf0 ]fnt sbtjs t` yù àtjo vbsbt wfbkj òkboj0 ]fnt d` yù kbej nlùt Gbej‒s Fnrd

Kjgòndj nod f`w d`js bt h`gpnrj t` Lud Kbmft Kbgj-N-\btn0 F`w wùkd yù

djshrblj Gbej‒s Fnrd. Bt wns dbsh`vjrjd tfnt tfj gnc`rbty à w`gjo dbd o`t wnthf kbvj

tjkjvbsbò, lut bostjnd prjajrrjd sbtjs kbej Fuku nod Ojtakbx. Gnoy nks` wnthfjd sf`ws

ò H`ghnst‒s Vabobty @o Djgnod `r rjh`rdjd sf`ws nod wnthfjd tfjg kntjr nod

sebppjd h`ggjrhbnks nkt`mjtfjr. Tfj a`hus mrùp wns nlkj t` pr`vbdj bosbmfts bot`

tfj sbtjs tfnt w`gjo >6-84 vbsbt wfbkj òkboj. Tfjsj wjlsbtjs bohkudjd3 RùTulj,

Anhjl`è, Ngnzò, Fuku, nod Ybotjrjst. Tfj a`hus mrùp nks` gjotbòjd tfnt tfj

vbjw tfjsj wjlsbtjs vbn npps ò tfjbr pfòjs nod nks` fjnvbky usj tfj npp

Xonphfnt. Tfj mjojrnk hòsjosus wns tfnt Gbej‒s Fnrd wns n kbmft nod rjarjsfbomljvjrnmj tfnt tfj w`gjo joc`yjd drboebom wfbkj p``ksbdj `vjr tfj suggjr `r nt n

ljnhf.

<=



TN\MJT NZDBJOHJ

HZ\\JOT AGL LZRJ\X + H@OXZGJ\X3

` Ndukt ajgnkjs (nmjs >6-84)

` Y`st-mrnduntj jduhntbò, wbtf pràjssbònk & rjkntjd `hhupntbòs jnrobom no nvjrnmj boh`gj à

$=:,999->99,999

\NTB@ONKJ3

` ]j nrj tnrmjtbom tfj yùomjr w`rea`rhj wf` bs sbomkj. Nktfùmf tfjy gbmft cust lj stnrtbom ùt,

tfjy fnvj tfj gjnos nod tbgj t` m` ùt ò tfj wjjejods nod spjod tfjbr gòjy joc`ybom n

skbmftky g`rj jxpjosbvj ljvjrnmj.

` Tfbs sjmgjot, lrbmft nod djtjrgbojd, stbkk kbejs jxpjrbgjotbom wbtf tfjbr nkh`f`k. Tfbs bs tfj tbgj

tfjy stnrt ljh`gbom lrnod k`ynk, s` wj wùkd kbej t` mjt tfjg nt tfbs stnmj à tfjbr kbvjs. Gbej‒s

Fnrd Kjgòndj bs n auo, fbp, nod aknv`rauk nktjrontbvj t` n k`t tfnt bs bo tfj gnrejtpknhj rbmft o`w

` Mj`mrnpfbhnkky, tfj nudbjohj a`husjs bo tfj sulurlno, gjtr`p`kbtno nrjns duj t` tfj fbmf trnaabh

à yùom sbomkj pràjssbònks bo tfjsj nrjns. Tfjsj nrjns nks` pr`vbdj n k`t à obmftkbaj nod

trnaabh a`r nkh`f`k hòsugptbò.

XH@YJ @A TFJ NZDBJOHJ3

` Nhh`rdbom tfj ZX Hjosus Dntn, tfjrj nrj 18 gbkkbò Ngjrbhnos ljtwjjo tfj nmjs a <9-84 yjnrs

`kd ns à tfj yjnr <9><. Tfbs ngùot à pj`pkj nhhùots a`r nlùt <>% à tfj Ngjrbhno

p`pukntbò.

` QNKX psyhf`mrnpfbhs (Xtrbvjrs) ‘ Xtrbvjrs nrj trjody nod auo k`vbom. Xtrbvjrs nrj nhtbvj

hòsugjrs ljhnusj sf`ppbom bs l`tf n s`hbnk nhtbvbty nod no `pp`rtuobty t` djgòstrntj t`

pjjrs tfjbr nlbkbty t` luy.

<6



N DNR BO TFJ KBAJ

(TN\MJT H@OXZGJ\ Y\@ABKJ)3

KBODXNR GBKKJ\3

Fb tfjrj! Gy ongj bs Kbodsny. B ng <4

yjnrs `kd, sbomkj, nod kbvbom bo d`wot`wo

Hfbhnm`. Tfbs pnst yjnr B mrnduntjd ar`g

tfj Zobvjrsbty à Gbhfbmno wbtf n lusbojss

djmrjj, nod rjhjotky ljmno gy aukk tbgj

hnrjjr ns n gnrejtbom nonkyst a`r n knrmj

abonohbnk abrg. B ng jxhbtjd ljhnusj a`r tfj

abrst tbgj bo gy kbaj B wbkk lj jnrobom n snknry

nod hno spjod gy gòjy ò tfboms tfnt B

joc`y d`bom. B w`re 49 fùrs n wjje nod

ng n vjry lusy pjrsò bo mjojrnk, lut B

k`vj t` m` ùt ò tfj wjjejods ljhnusj bt

bs n mrjnt wny t` gjjt pj`pkj bo tfbs ojw,

lbm hbty. Gy h`-w`rejrs nrj sbgbknr t` gj bo

tfbs nspjht, nod wj joc`y mjttbom t`mjtfjr

ùtsbdj à tfj àabhj. B fnvj ojvjr ljjo n

lbm ljjr drboejr, lut B d` joc`y `tfjr typjs

à nkh`f`kbh ljvjrnmjs. B jvjotunkky wnot

t` sjttkj d`wo nod fnvj ebds, lut o`t a`r n

hùpkj yjnrs nt kjnst. B wnot t` joc`y ljbom

sbomkj nod bodjpjodjot bo n lbmjovbrògjot wfbkj B hno.

<2



GJDBN XT\NTJMR

GN\EJTBOM @LCJHTBQJ3

Lj #> bo gnrejt sfnrj a`r aknv`rjd gnkt ljvjrnmjs hntjm`ry ly

bohrjnsbom gnrejt sfnrj ar`g <8% t` 89%

NDQJ\TBXBOM @LCJHTBQJ3

Hrjntj p`sbtbvj ajjkboms t`wnrd tfj lrnod nod lrnod kbejnlbkbty ngòm

4:% à tnrmjt nudbjohj

GJDBN @LCJHTBQJ3

Zsj òkboj, prbot, nod oò-trndbtbònk ndvjrtbsjgjots t` rjnhf tfj tnrmjt

gnrejt tfrùmfùt tfj yjnr

89



CNO-AJL GN\ >: NY\ >: GNR >: CZO >: CZK >: NZM >: XJY-@HT O@Q-

@OKBOJ

ANHJL@@E

XY@TBAR

FZKZ

R@ZTZLJ

NGNS@O

Y\BOT

Q@MZJ

H@XG@Y@K.

@-@-F

TNVB LNOOJ\X

ZLJ\ NDX

Y\@G@TB@OX

XONYHFNT

H@OHJ\TX

XL/LJNHF

GJDBN XHFJDZKJ

\NTB@ONKJ3

N hòtbouùs hngpnbmo wns hf`sjo a`r tfj òkboj gjdbugs t` ejjp tfj Gbej‒s Fnrd Kjgòndj

lrnod arjsf bo ùr hòsugjr‒s gbods tfrùmfùt tfj yjnr. Gbej‒s Fnrd Kjgòndj wbkk fnvj puksbom

ndvjrtbsjgjots durbom tfj suggjr gòtfs a`r òkboj, Yrbot, nod ùt à f`gj gjdbugs. Gbej‒s

Fnrd Kjgòndj wbkk lj pr`g`tjd bo tfj sprbom nod suggjr gòtfs ljhnusj s`gj à tfjpr`g`tbòs tfnt nrj ljbom dòj, kbej Xprbom Lrjne nod s`gj gusbh ajstbvnks nod hòhjrts tnej

pknhj durbom tfj Xprbom. Yrbgnry rjsjnrhf sf`wjd tfnt tfj gnc`rbty à rjspòdjots joc`y Gbej‒s

Fnrd Kjgòndj bo tfj Xprbom nod Xuggjr, wbtf g`rj joc`ybom tfj pr`duht bo tfj Xuggjr, tfus

hrjntbom n rntbònkj a`r n puksj shfjdukj durbom tfj Xprbom nod Xuggjr sjnsòs t` ejjp Gbej‒s

Fnrd Kjgòndj nt tfj t`p à hòsugjr‒s gbods durbom pjne hòsugptbò tbgj.

YZKXBOMH@OTBOZ@ZX

8>



GJDBN LZDMJT

\NTB@ONKJ3

Tfj nkk`hntbò à tfj ludmjt, nod gjdbn pkno hf`bhjs, wjrj gndj bo `rdjr t` g`st

jaajhtbvjky rjnhf ùr tnrmjt gnrejt. Tfj tnrmjt gnrejt bs no >6-84 yjnr `kd w`gno nod tfjy

ankk bot` tfj hntjm`ry à Gbkkjoobnks. Tfjsj w`gjo nrj o` kòmjr wnthfbom tjkjvbsbò, tfjy

mjt tfjbr ojws nod spjod tfjbr tbgj g`stky òkboj nod ò dbmbtnk gjdbn. Gbkkjoobnks nrj o`kòmjr naajhtjd ly trndbtbònk ndvjrtbsbom tfnt mjojrntbòs lja`rj tfjg wjrj. Tfjy ojjd

s`gjtfbom ojw, jxhbtbom, nod jyj hnthfbom. Tfjrja`rj, tfj gjdbn pkno nkk`hntjs g`st à tfj

ludmjt t` òkboj nod pr`g`tbònk gjdbn. Bt nks` bohkudjs ùt- à-f`gj nod prbot t` rjbtjrntj

tfj gjssnmj nod rjnhf ns gnoy à tfj tnrmjt nudbjohj ns p`ssblkj.

$>99,999

$>:9,999

$4:9,999

$899,999

LZDMJT L\JNED@]O($> GBKKB@O)3

Y\BOT

@ZT-@A-F@GJ

DBMBTNK + @OKBOJ

Y\@G@TB@ONK

8<



GJDBN LZDMJT

(TJKJQBXB@O)3

LZDMJT YJ\HJOTNMJ & NG@ZOT 7 9% / $9

\NTB@ONKJ3

Nktfùmf s`gj gbkkjoobnks stbkk hurrjotky wnthf TQ, tfj ougljrs tfnt wnthf bt nrj djhkbobom.

Nhh`rdbom t` n sgnkk a`hus mrùp hòduhtjd, nod t` tfj dntn ar`g tfj ^8 t`tnk nudbjohj

rjp`rt, g`rj nod g`rj yùom pj`pkj nrj wnthfbom TQ sf`ws òkboj ò tfjbr h`gputjrs,

pfòjs, nod bYnds. Bo anht, tfj <9>4 ^8 nudbjohj rjp`rt aùod tfnt trndbtbònk TQ vbjwbom

ngòm >6-<4-yjnr- `kds wns d`wo ly >2% yjnr-`vjr-yjnr. Bostjnd, tfbs mjojrntbò bs usbom

sbtjs suhf ns Fuku nod Ojtakbx bostjnd à sbttbom nod wnthfbom n sf`w wfjo bt nhtunkky nbrs.

Tfjrja`rj, bt d`js o`t gnej sjosj a`r Gbej‒s Fnrd Kjgòndj t` spjod noy g`rj gòjy ò

tjkjvbsbò ndvjrtbsbom. Bostjnd, ly huttbom tfbs gjdbug ùt, Gbej‒s hno spjod g`rj ò òkbojndvjrtbsbom, wfjrj tfj vbjwjrs nrj, nod g`rj ò oò-trndbtbònk ndvjrtbsbom, wfbhf bs wfnt

tfj tnrmjt nudbjohj joc`ys g`rj.

88



GJDBN LZDMJT

(@OKBOJ)3

LZDMJT YJ\HJOTNMJ & NG@ZOT 7 4:% / $4:9,999

\NTB@ONKJ3

Tfj gnc`rbty à tfj ludmjt nod gjdbn pkno bs dbrjhtjd t`wnrds òkboj nod dbmbtnk gjdbn a`r

gnoy rjnsòs. Abrst àa, bt bs òj à tfj ljst gjdbugs t` rjnhf tfj tnrmjt nudbjohj. ]btf tfj

gnc`rbty à tfj tnrmjt nudbjohj ljbom ‖Gbkkjoobnks‒, tfjy nrj vjry tjhf-snvvy nod bov`kvjd

wbtf s`hbnk gjdbn. Tfjy spjod n knrmj ngùot à tfjbr tbgj ò tfjbr pfòj sjnrhfbom

wjlsbtjs nod npps. Aurtfjrg`rj, òkboj ndvjrtbsbom pr`vbdjs fbmf rjnhf nod arjqujohy a`r n

vjry anbr h`st. Bt bs jnsbky gjnsurnlkj nod trnhjnlkj s` Gbej‒s wbkk lj nlkj t` sjj wfjrj

tfboms nrj nod nrj o`t w`rebom anbrky qubheky. Tfj pkno bs t` d` tfbs tfrùmf gnoy dbaajrjot

wjlsbtjs suhf ns Anhjl`è, RùTulj, Xp`tbay , Fuku, nod òkboj sf`ppbom suhf ns

Ngnzò. Nhh`rdbom t` rjsjnrhf dòj ly H`gsh`rj, Anhjl`è bs tfj tnrmjt nudbjohjs g`st

vbsbtjd s`hbnk gjdbn wjlsbtj, a`kk`wjd ly Bostnmrng nod Xonphfnt. Aurtfjrg`rj, :=% àRùTulj vbdj`s nrj sfnrjd ar`g tfbs nmj mrùp, gnebom tfjg prbgj pknhjs t` put lnoojr

nds tfnt wbkk dbrjhtky rjnhf tfj tnrmjt. Yknhbom nds ò tfjsj sbtjs, suhf ns HYH nds (pny pjr

hkbhe nds) wbkk lj no jnsy wny t` dbrjhtky rjnhf ùr gnrejt nod jvnkuntj tfj jaajhtbvjojss.

84



GJDBN LZDMJT

(Y\BOT)3

LZDMJT YJ\HJOTNMJ & NG@ZOT 7 >9% / $>99,999

\NTB@ONKJ3

Xbohj Ndvjrtbsjgjots bo gnmnzbojs nrj rjkntbvjky bojxpjosbvj, Gbej‒s sfùkd stbkk djv`tj n

sgnkk ngùot à tfj ludmjt t` Yrbot Nds. Ndvjrtbsjgjots bo gnmnzbojs fjkp t` bohrjnsj tfj

arjqujohy à tfj gjssnmj t` tfj nudbjohj nod rjbtjrntj tfj lrnod. Tfj tnrmjt nudbjohj

Gbej‒s ojjds t` rjnhf fnrdky jvjr rjnds tfj mjojrnk ojwspnpjrs, lut stbkk fnvj botjrjst bo

Gnmnzbojs, k`èbom t` tfjg a`r ndvbhj ò k`vj, sjx, w`re nod ansfbò.

Nhh`rdbom t` G\B dntn, hurrjotky, H`sg`p`kbtno nod Q`muj nrj tw` à tfj g`st rjnd

gnmnzbojs a`r yùom w`gjo. @tfjr gnmnzbojs rjnd ly w`gjo nrj g`rj mjnrjd t`wnrds

fùsjejjpbom nod pnrjotbom, wfbhf d` o`t abt tfj gnrejt Gbej‒s ojjds t` rjnhf. Tfjrja`rj bt

wbkk lj ljojabhbnk t` put sjvjrnk typjs à ndvjrtbsjgjots bo H`sg`p`kbtno nod Q`muj

gnmnzbojs. Tfjsj wbkk hòsbst g`stky à lkjjd nds nod ruo à tfj l`è nds.

8:



GJDBN LZDMJT

(@ZT-@A-F@GJ)3

LZDMJT YJ\HJOTNMJ & NG@ZOT 7 >:% / $>:9,999

\NTB@ONKJ3

Ns ùr tnrmjt gnrejt hòsbsts à yùom, ò tfj g`vj w`gjo, ùt-à-f`gj ndvjrtbsbom

pr`vbdjs tfj `pp`rtuobty t` pknhj nds wfjrj tfj tnrmjt gnrejt hno sjj bt tfrùmfùt tfjbr

dny-t`- dny kbaj. N gnc`rbty à tfjsj w`gjo wbkk h`ggutj t` w`re jvjrydny, nod ns tfj

tnrmjt bs n gjtr`p`kbtno nrjn, Gbej‒s hno rjnhf tfjg tfrùmf h`ggutjr rnbk ndvjrtbsbom bo

hbtbjs trnbo nod sulwny stntbòs. Tfjsj yùom w`gjo nrj nks` hòstnotky ò tfj m` nt obmft,

m`bom lnr t` lnr ò tfj wjjejods nod tnebom Tnxbs, nod g`st rjhjotky Zljr t` g`vj

nrùod. Tfjrja`rj tnxb nds, nod nds pknhjd bo Zljr hnrs wbkk rjnhf tfjg dbrjhtky tfrùmf

trnosp`rtntbò tfjy usj, nod nrùod tfj tbgj nkh`f`k bs g`st kbejky t` lj hòsugjd,rjgbodbom tfjg tfnt Gbej‒s Fnrd Kjgòndj bs n auo drboebom `ptbò. Abonkky, durbom tfj

wnrgjr gòtfs, Lbkkl`nrd nds wbkk lj pknhjd ojnr hbtbjs ljnhfjs nod knejs, ns tfnt bs wfjrj

nod wfjo rjsjnrhf sf`wjd Gbej‒s Fnrd Kjgòndj bs hòsugjd tfj g`st.

81



GJDBN LZDMJT

(Y\@G@TB@O)3

LZDMJT YJ\HJOTNMJ & NG@ZOT 7 89% / $899,999

\NTB@ONKJ3

LJNHF YN\TBJX + GZXBH AJXTBQNKX ‘ Gbej‒s Fnrd Kjgòndj sfùkd nks` rjnhf ùt t`

tfj tnrmjt gnrejt durbom Xprbom lrjne. ]j nrj tnrmjtbom ajgnkjs nmjd >6-84 wbtf no boh`gj

à $:9,999- $>99,999. Yr`g`tbom Gbej‒s Fnrd Kjgòndj nt tfj p`puknr Xprbom Lrjne

djstbontbò à Ynongn Hbty Ljnhf, AK wùkd lj no jaajhtbvj wny t` rnbsj nwnrjojss nlùt

ùr pr`duht. Gbej‒s Fnrd Kjgòndj wbkk spòs`r n ljnhf pnrty ò Ynongn Hbty Ljnhf bo

Gnrhf, durbom n p`puknr wjjejod a`r Xprbom Lrjne m`jrs. Tjots wbtf tfj k`m` wbkk lj pknhjd

nrùod tfj ljnhf nkòm wbtf pkjoty à h`kd Gbej‒s Fnrd Kjgòndj pr`duhts t` fnod ùt t`

nttjodjjs. @tfjr swnm btjgs wbkk lj purhfnsjd wbtf n pnrt à tfbs ludmjt t` fnod ùt t`ljnhfm`jrs t` sprjnd nwnrjojss ngòmst tfjbr arbjods nlùt tfj Gbej‒s Fnrd Kjgòndj

lrnod. Nddbtbònkky, gusbh ajstbvnks wùkd lj no`tfjr summjstbò.

8=



GJDBN LZDMJT

(Y\@G@TB@O - H@OTBOZJD)3

XONYHFNT (MJ@-TN\MJTBOM) ‘ Tfbs s`hbnk gjdbn ùtkjt bs bdjnk a`r ùr purp`sjs sbohj

1 ùt à >9 usjrs nrj ljtwjjo tfj nmjs à >6-<4 nod tfj gnc`rbty à bts usjrs nrj ajgnkj. Nddbtbònkky, Xonphfnt bs tfj 8rd g`st p`puknr s`hbnk gjdbn npp nod bts boo`vntbvj ajnturjs

suhf n st`ry nod Mj`-Abktjrs wbkk nkk`ws us t` mjt ùr gjssnmj nhr`ss bo dbaajrjot a`rgs.

Mj`-Abktjrs nkk`w yù t` fnvj hust`gbzjd abktjrs wfjo yù nrj ò no nrjn, nod tfbs wùkd

nkk`w Gbej‒s fnrd Kjgòndj t` p`sbtbò ò bgp`rtnot jvjots t` ùr tnrmjt nudbjohj suhf ns

gusbh ajstbvnks, nod p`puknr Xprbom Lrjne k`hntbòs ngòm `tfjrs. Tfbs wbkk bohrjnsj tfj

botjrnhtbò nod rjnhf o`t òky nt tfj jvjo, lut tfrùmf tfj ojtw`re à jnhf usjr.

86



JQNKZNTB@O GJTF@DX

Xjvjrnk jvnkuntbò gjtf`ds wbkk lj usjd t` jvnkuntj tfj Gjdbn pkno.

Xbohj bt wùkd lj n wnstj à tfj ludmjt t` spjod gòjy ò gjdbn tfnt

bso‒t w`rebom, tfj abrst gjtf`d wbkk lj t` hòtbouùsky ejjp up wbtf tfj

pkno. Tfbs gjno‒s tfnt Gbej‒s Fnrd wbkk ojjd t` gjnsurj tfj ngùot à

fbts tfjbr òkboj ndvjrtbsbom bs mjttbom, nod fnkawny tfrùmf tfj pkno

survjy tfj tnrmjt nudbjohj t` sjj ba tfjy nrj drboebom Gbejs, nod ba tfjy

wjrj sntbsabjd wbtf tfjbr jxpjrbjohj. Aurtfjrg`rj, tfjy hno hòduht

survjys ò wfjtfjr `r o`t tfj @ut-à-f`gj nod prbot ndvjrtbsjgjots

wjrj sjjo nod rjh`mobzjd. Xbohj n knrmj pnrt à tfj gjdbn pkno hòtnbos

oò-trndbtbònk ndvjrtbsbom, bt bs bgp`rtnot t` trnhe tfj pj`pkj wf` nttjod

tfj hòhjrts nod pnrtbjs t` josurj bt gnthfjs up wbtf tfj tnrmjt gnrejt,

nod t` sjj ba tfjsj pr`g`tbòs bohrjnsjd tfj vbsblbkbty nod purhfnsbom àGbej‒s. Tfbs nks` bohkudjs gjnsurbom tfj ngùot à pj`pkj tfnt usjd tfj

Xonphfnt abktjr. N abonk survjy nt tfj jod à tfj pkno wbkk nks` lj usjd a`r

tfj tnrmjt gnrejts `vjrnkk sntbsanhtbò nod `pbobò ò Gbejs. N abonk wny

t` jvnkuntj wbkk lj tfj auturj G\B dntn nod snkjs bo mjojrnk. Tfj pkno

f`pjs tfnt g`rj yùom w`gjo wbkk luy Gbej‒s , nod tfj G\B dntn wbkk

rjvjnk ba tfnt bs truj.

82



GJDBN YKNO XZGGN\R

Tfj gjdbn pkno wns hrjntjd lnsjd àa sjvjrnk `lcjhtbvjs, nod àa à tfj

ljst nod g`st jaabhbjot wny t` rjnhf tfj tnrmjt gnrejt. Tfj gnrejtbom

`lcjhtbvj wns t` lj #> bo gnrejt sfnrj a`r aknv`rjd gnkt ljvjrnmjs

hntjm`ry ly bohrjnsbom gnrejt sfnrj ar`g <8% t` 89%. Tfj ndvjrtbsbom

`lcjhtbvj wns t` hrjntj p`sbtbvj ajjkboms t`wnrd tfj lrnod nod lrnod

kbejnlbkbty ngòm 4:% à tnrmjt nudbjohj. Abonkky, tfj gjdbn `lcjhtbvj

wns t` usj òkboj, prbot, nod oò-trndbtbònk ndvjrtbsjgjots t` rjnhf tfjtnrmjt gnrejt tfrùmfùt tfj yjnr. Tfjsj `lcjhtbvjs nod rjsjnrhf ò tfj

tnrmjt gnrejt fjkpjd t` nkk`hntj tfj ludmjt bo tfj ljst wny p`ssblkj. Tfj

ludmjt nkk`hntbò nod gjdbugs hf`sjo wjrj ns a`kk`ws5 4:% à tfj

ludmjt wns spjot ò òkboj ndvjrtbsbom, 89% ò pr`g`tbòs, >:% ò

@ut- à F`gj ndvjrtbsbom nod >9% ò prbot, spjhbabhnkky gnmnzbojs.

Ns òkboj bs tfj g`st usjd gjdbug ngòm tfj tnrmjt nudbjohj, gnc`rbty

à tfj ludmjt wns dbrjhtjd tfjrj. Tfj tnrmjt nudbjohj, >6-84 yjnr `kd

w`gjo usj tfj Botjrojt ns tfjbr sùrhj à ojws, tfjbr kboe t` arbjods, nod

jvjo tfjbr tjkjvbsbò nod g`vbj ùtkjt. Tfj ndvjrtbsjgjots òkboj wjrj

dbrjhtjd t` sjvjrnk sbtjs tfnt rjsjnrhf sf`wjd tfj tnrmjt gnrejt usjd tfj

g`st ‘ Anhjl`è, Bostnmrng, Fuku, Ngnzò, nod RùTulj.

49



GJDBN YKNO XZGGN\R (H@OTBOZJD)3

Tfbrty pjrhjot à tfj ludmjt wns dbrjhtjd t`wnrds pr`g`tbòs. Yr`g`tbòs

nkk`wjd a`r g`rj hrjntbvj ndvjrtbsjgjots tfnt hùkd lj dbrjhtjd bo spjhbabh

nrjns nod jvjots tfj tnrmjt gnrejt nttjods nod joc`ys. Abonkky n h`glbojd

twjoty-abvj pjrhjot wns dbrjhtjd t` ùt à f`gj ndvjrtbsbom nod prbot gjdbn,

tfbs nkk`ws tfj `pp`rtuobty t` bohrjnsj tfj ngùot à pj`pkj tfnt sjj tfj

ndvjrtbsjgjots wfbkj nks` stbkk a`hus ò wfnt tfj tnrmjt gnrejt rjnds nod sjjs.

Tfj prbot wns pknhjd bo H`sg`p`kbtno nod Q`muj gnmnzbojs nod tfj ùt-à-

f`gj wns a`husjd ò h`ggò gjtf`ds à trnosp`rtntbò tfj gnrejt usjs ò

n dnbky lnsbs. Tfj ndvjrtbsbom a`r nkk à tfj nl`vj wbkk lj hòtbouùs a`r òkboj

wbtf puksbom a`r òkboj, pr`g`tbòs, ùt à f`gj nod prbot bo tfj sprbom nod

suggjr, ns tfnt bs wfjo rjsjnrhf sf`wjd pj`pkj hòsugj Gbej‒s tfj g`st.

T` jvnkuntj tfj pkno‒s suhhjss n vnrbjty à survjys nrj t` lj usjd. Tfjsj

survjys wbkk lj dòj tfrùmfùt tfj gjdbn pkno nod nt tfj jod ns wjkk.

Aurtfjrg`rj, òkboj ndvjrtbsjgjots wbkk lj trnhejd t` josurj tfnt tfjy nrj

ljbom sjjo nod hkbhejd. Tfj abonk jvnkuntbò wbkk h`gj ar`g auturj G\B dntn ò

Gbej‒s Fnrd Kjgòndj, ba Gbej‒s mnbos lnhe gnrejt sfnrj nod tfj t`p p`sbtbò,

nod uktbgntjky ar`g Gbej‒s Fnrd Kjgòndj snkjs.

4>



]@\EX HBTJD3

• Nrj Rùom Yj`pkj ]nthfbom Kjss TQ0 (Zpdntjd- 8 <9>4 Jdbtbò)" Gnrejtbom Hfnrts. 6 Djh,<9>4. fttp3//www.gnrejtbomhfnrts.h`g/tjkjvbsbò/nrj-yùom-pj`pkj-wnthfbom-kjss-tv-<46>=/

• "Lud Kbmft Kbgj Kbgj-N-\btn nod Xtrnw-Ljr-\btn." Lud Kbmft Kbgj Kbgj-N-\btn nod Xtrnw-Ljr-\btn (o.d.)3 o. pnm. Nofjusjr Lushf. ]jl. fttp3//www.nofjusjr-lushf.h`g/s/upk`nds/Lud-

Kbmft-Kbgj-\btns-Anht-Xfjjt.pda

• Lu`hekjy, Ljo. "Tfj Lud Kbmft Kbgj-n-\btn Jaajht3 Arubt-aknv`rjd Ljjrs ]``]`gjo.‗LjvjrnmjDnbky.h`g.]bkkbng \jjd Lusbojss Gjdbn, >< O`v. <9>8. ]jl. 9< Djh.<9>4.fttp3//www.ljvjrnmjdnbky.h`g/Gnrejts/Tfj-Lud-Kbmft-Kbgj-n-\btn- jaajht-Arubt-aknv`rjd-ljjrs-w``-w`gjo

• Hrjhhn, Dòon. "Tjhfo`gbh \jvjnks Ndukt Ljvjrnmj Bodustry Mr`wtf Drbvjrs." Y\Ojwswbrj.Tjhfo`gbh,<1 Ajl. <9>8. ]jl. 98 Djh. <9>4.fttp3//www.projwswbrj.h`g/ojws-rjkjnsjs/tjhfo`gbh-rjvjnks-ndukt-ljvjrnmj-bodustry-mr`wtf-drbvjrs->28988<>.ftgk

• Jomjk, Cjaa. "GbkkjrH``rs \jturos t` Xupjr L`wk Nds wbtf \jdd's Nppkj Nkj (Qbdj`) - Gbkwnuejj -

Gbkwnuejj Lusbojss Cùronk." Gbkwnuejj Lusbojss Cùronk . O.p., >2 Djh. <9><. ]jl. 92O`v. <9>4. fttp3//www.lbzcùronks.h`g/gbkwnuejj/lk`m/<9></></gbkkjrh``rs-rjturos-t`-supjr-l`wk-nds.ftgk

• Mboslurm, Gòbhn. "Gbej's Fnrd Kjgòndj ]nots t` Lj Rùr 'gnktjrontbvj'" Hrnbo's Hfbhnm`Lusbojss. O.p., 9: Cuky <9>4. ]jl. 92 Djh. <9>4.fttp3//www.hfbhnm`lusbojss.h`g/nrtbhkj/<9>49=9:/BXXZJ9>/89=9:22=</gbejs-fnrd-kjgòndj-wnots- t`-lj-yùr-gnktjrontbvj

• Enr`kjaseb, C`fo. "Gbej‒s Fnrd Kjgòndj Yr`g`tjs @ptbgnk Nss rtgjot a`r Xnkjs Mr`wtf."HYMgnttjrs3 Hntjm`ry Gnonmjgjot . HYMgnttjrs, Cuky <9>8. ]jl. 92 O`v. <9>4.

fttp3//www.hpmgnttjrs.h`g/Hntjm`ryGnonmjgjot9=>8.ftgk

• Entz, Fjkjo J. "Gjdbn bo tfj Gnrejtbom Hòtjxt." Tfj Gjdbn Fnodl`è3 N H`gpkjtj Mubdj t` Ndvjrtbsbom Gjdbn Xjkjhtbò, Yknoobom, \jsjnrhf, nod Luybom . Gnfwnf, OC3 KnwrjohjJrklnug, <998.>:->1. Yrbot.

• Erjss, Gjkbssn. "Aknv`rjd Gnkt Ljvjrnmjs O` Kòmjr Cust n Xjnsònk@aajrbom."HòvjobjohjXt`rjOjws. Xtnmobt` Gjdbn, >2 Cuoj <9>>. ]jl. 94 Djh.<9>4.fttp3//www.hsojws.h`g/pr`duht-hntjm`rbjs/ljvjrnmjs/aknv`rjd-gnkt-ljvjrnmjs-o`-kòmjr-cust-sjnsònk-`jrbom

• Kjmjr, Ngy. "Gbej's Fnrd Kjgòndj's Mkutjo \jg`vjd Knljk." Tfj Xnvvy Hjkbnh .KjmjrBotjrnhtbvj KKH, >1 @ht. <9>4. ]jl. >< O`v. <9>4.fttp3//www.tfjsnvvyhjkbnh.h`g/<9>4/>9/>1/gbejs-fnrd-kjgòndj-mkutjo-rjg`vjd/

• "GbkkjrH``rs" GbkkjrH``rs3 \jdd's Nppkj Nkj. O.p., o.d. ]jl. >< O`v. <9>4.fttp3//www.gbkkjrh``rs.h`g/@ur-Ljjrs/Mrjnt- Ljjrs.nspx

• Ojwgno, Nodrjw. "Gbej's, n Aknv`rjd Nkh`f`k Lrnod, Trbjs t` ]bdjo Bts Nppjnk" Tfj Ojw R`reTbgjs. << Gny, <9>8. fttp3//www.oytbgjs.h`g/<9>8/9:/<8/lusbojss/gjdbn/gbejs-n-aknv`rjd-nkh`f`k-lrnod-trbjs-t`-wbdjo-bts- nppjnk.ftgk0Pr79



]@\EX HBTJD (H@OTBOZJD)3

• Ybhe, T`g. ">98 H`gpjkkbom X`hbnk Gjdbn nod Gnrejtbom Xtntbstbhs a`r <9>8 (nod <9>4)."Lusbojss < H`gguobty. >< O`v, <9>8. fttp3//www.lusbojss<h`gguobty.h`g/s`hbnk-gjdbn/>98-h`gpjkkbom-s`hbnk-gjdbn-gnrejtbom-stntbstbhs-<9>8-<9>4- 91=2<41

• \bhftjr, Ajkbx. "Xonphfnt G`rj Y`puknr Tfno Twbttjr Ngòm Gbkkjobnks." Xtntbstbhn. >< Num, <9>4.

fttp3//www.stntbstn.h`g/hfnrt/<:=9/g`st-p`puknr-s`hbnk-npps-ngòm-gbkkjoobnks/

• Xhfuktz, J.C. "Lud Kbmft Yùrs G`rj Gòjy Bot` \btns." Ndvjrtbsbom Nmj HG@ Xtrntjmy \XX.O.p., o.d. ]jl. <: @ht. <9>4. fttp3//ndnmj.h`g/nrtbhkj/hg`-strntjmy/lud-kbmft-pùrs-gòjy-rbtns/<24928/

• Xhfuktz, J.C. "Gbej's Fnrd Fns n Ojw Xtrntjmy, nod Bt's Nkk Dbmbtnk." Nd Nmj. > Npr, <9>4.fttp3//ndnmj.h`g/nrtbhkj/hg`-strntjmy/gbej-s-fnrd-n-strntjmy-dbmbtnk/<2<4>>/

• Xhfuktz, J.C. "GbkkjrH``rs Xojnes Bot` Xupjr L`wk t` Knuohf Nppkj Nkj." Ndvjrtbsbom Nmj. O.p.,o.d. ]jl. 92 O`v. <9>4. fttp3//ndnmj.h`g/nrtbhkj/spjhbnk-rjp`rt-supjr-l`wk/gbkkjrh``rs-sojnes-supjr-l`wk-knuohf-nppkj-nkj/<86=28/

• Xh`tt, Entbj. "]btf Lbomj Drboebom ò \bsj, H kkjmjs Tnej Xtjps t` Nddrjss Bts Dnomjrs."Ontbònk Hntf`kbh \jp`rtjr . O.p., <9 Xjpt. <9>4. ]jl. <9 @ht. <9>4.fttp3//ohròkboj.`rm/ojws/anbtf-pnrbsf/lbomj-drboebom-rbsj-h`kkjmjs-tnej-stjps-nddrjss- bts-dnomjrs

• "Xjnsòs Naajht Hòsugjrs' Drboe Hf`bhjs." Ljvjrnmj Bodustry . LjvBodustry, 8 Djh. <9>4. ]jl.: Djh. fttp3//www.ljvbodustry.h`g/nrtbhkjs/669:8-sjnsòs-naajht-hòsugjrs-drboe-hf`bhjs

• Xbgjobh, Cjoon. "Gbej's Fnrd Kjgòndj H`. Botr`duhjs Ojw 'Hrnatjd t` \jg`vj Mkutjo' Xjnkò Nkk Gbej's® Yr`duhts." Y\Ojwswbrj. Gbej's Fnrd Kjgòndj H`., >: O`v. <9>4. ]jl. >4

O`v. <9>4.fttp3//www.projwswbrj.h`g/ojws-rjkjnsjs/gbejs-fnrd-kjgòndj-h`-botr`duhjs-ojw-hrnatjd-ljvjrnmj

• Xbomf, Xnrwnot. "Tfj >9 X`hbnk Nod Tjhf Trjods Tfnt Hùkd Xfnpj Tfj Ojxt Djhndj." A`rljs.A`rljs Gnmnzboj, >< Gny <9>4. ]jl. <9 @ht. <9>4.fttp3//www.a`rljs.h`g/sbtjs/snrwnotsbomf/<9>4/9:/></tfj-t`p->9-gjmn-trjods-à-tfj-djhndj/

• Tfj`d`rj, X. (<991). N FN\D NHT T@ A@KK@]. Ljvjrnmj Bodustry, 2= (2), 8<-84,81. \jtrbjvjdar`g NLB Boa`rg/Mk`lnk.

• ]òm, Qjojssn. "Lud Kbmft's Gnrmnrbtn-bo-n-Hno3 ]`gjo K`vj Bt." Lk``gljrm Lusbojss ]jje .

Lk``gljrm, <1 Cuoj <9>4. ]jl. 92 @ht. <9>4. fttp3//www.lusbojsswjje.h`g/nrtbhkjs/<9>4-91-<1/lud-kbmfts-gnrmnrbtn-bo-n-hno-w`gjo-k`vj-bt

• Rùom, Cngjs. "Gbej's Fnrd Kjgòndj Yukks TQ Nds a`r Nkk-Dbmbtnk Gnrejtbom." GnrhfH`gguobhntb os \XX. O.p., 8 Npr. <9>4. ]jl. >2 @ht. <9>4.fttp3//www.gnrhfpr.h`g/pr/<9>4/94/gbejs-kjgòndj-dbmbtnk-gnrejtbom/

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