• Nie Znaleziono Wyników

Comparative Analysis of DRG Systems in the EU Countries

N/A
N/A
Protected

Academic year: 2021

Share "Comparative Analysis of DRG Systems in the EU Countries"

Copied!
13
0
0

Pełen tekst

(1)

! " # $ % & ' ( ) * & " " & * # + , - . & ( % * & * # /,+& #,(!,%,0&! ##1234#1535# 67578# !"#$" %&$'(#()

!"#$%$&'()*$+$,-.'.*!/*0%1*.-.&)".**

'+*&2)*)3* !3+&%').*

$4567896:* &9# :;<=9># -)?@A@BCD# EF?:G# H=@# ICC9# J9BK;>LMC># J9# 155N4# BHC# 3# FL<AO#

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`O# "HC#@;MJCBJC@#;R#BHC#($#M;L9BKJC@#KCM;S9JaC#BH=B#HC=<BH#@H;L<># IC#=#IC9CRJB# =P=J<=I<C#B;#CPCKA#DCDICK#;R#BHC#@;MJCBA#KCS=K><C@@#;R#BHCJK#J9M;DCO## KBO# 31[# ;R# BHC# "KC=BA# ;9# (LK;QC=9# $9J;9# ;R# 0==@BKJMHB# @JS9C># J9# 3[[1# ;I<JSC@# =<<# BHC# 0CDICK# *B=BC@# B;# _M;9BKJILBC# B;T=K>@# C9@LKJ9S# =# HJSH# <CPC<# ;R# HLD=9#HC=<BH#QK;BCMBJ;9`O##

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

(2)

0=KJ=#bTJ>CKC]# 752 "HC#(LK;QC=9#>JKCMBJPC@#;9#HC=<BH#QK;BCMBJ;9#J9#R=MB#KCRCK#@;<C<A#B;#BHC#QK;PJX @J;9@#;9#M;;K>J9=BJ9S#@;MJ=<#@CMLKJBAO# "HC# M;;K>J9=BJ;9# ;R# BHC# @;MJ=<# @CMLKJBA# @MHCDC@# J@# =JDC># =B# JDQ<CDC9BJ9S# @LMH#@;<LBJ;9@#THJMH#TJ<<#C9@LKC#BH=B#=#(LK;QC=9#MJBJaC9#H=@#=MMC@@#B;#IC9CRJB@# =9>#=B#BHC#@=DC#BJDC#QKCPC9B#HJD#;K#HCK#RK;D#B=]J9S#=>P=9B=SC#;R#BHC@C#IC9CRJB@# @JDL<B=9C;L@<A#J9#@CPCK=<#M;L9BKJC@O## "HC#M;;K>J9=BJ9S#QK;PJ@J;9@#>;#9;B#J9BCKRCKC#J9#BHC#J9BCK9=<#<=T#;R#Q=KBJML<=K# 0CDICK#*B=BC@#=@#C=MH#@B=BC#@QCMJRJC@#;9#JB@#;T9#TH;#J@#C9BJB<C>#B;#IC9CRJB@#=9># ;9#TH=B#BCKD@#=@#TC<<#=@#>CRJ9C@#BHC#T=A#;R#RL9MBJ;9J9S#;R#BHC#@CKPJMC@#RJ9=9MJ9S# @A@BCDO# "HC#MJBJaC9#;R#=9;BHCK#0CDICK#*B=BC#J@#C9BJB<C>#B;#B=]C#=>P=9B=SC#;R#IC9CRJB@# J9#BHC#M;L9BKA#;R#@B=A#;9#BHC#@=DC#BCKD@#=@#BHC#MJBJaC9@#;R#BHJ@#M;L9BKAO# ^HC9#D;>CK9#HC=<BH#@A@BCD@#=KC#>C@JS9C>#;9C#;R#BHC#I=@JM#SLJ>C<J9C@#J@#B;# C9@LKC# <;9SXBCKD# RJ9=9MJ=<# @B=IJ<JBAO# "HC# <;9SXBCKD# BJDC# QCK@QCMBJPC# J@# @JS9JRJX M=9B#R;K#=#RCT#KC=@;9@O#,9#BHC#;9C##H=9>#BHC#>CD;SK=QHJM#QK;MC@@C@#THJMH#H=PC# ;MMLKKC>#J9#(LK;QC#;PCK#BHC#<=@B#c5#AC=K@#@H;T#BH=B#BHC#=PCK=SC#<JRC#CZQCMB=9MA# ;R# =# (LK;QC=9# MJBJaC9# H=@# ICM;DC# <;9SCKO# ,9# BHC# ;BHCK# H=9>4# BH;LSH4# BHC# =>X P=9MCDC9B#J9#DC>JM=<#BCMH9;<;SJC@#<C>#B;#=#K=QJ>#J9MKC=@C#J9#BHC#M;@B@#;R#HC=<BH# M=KC#J9#BHC#d5@#=9>#N5@#;R#BHC#15BH#MC9BLKAO## -LC# B;#BHC#R=MB#BH=B# BHC# M;@B@# ;R# H;@QJB=<# BKC=BDC9B# =MM;L9B# R;K#BHC# HJSHC@B# QK;Q;KBJ;9#;R#BHC#B;B=<#M;@B@#;R#BKC=BDC9B4#BHC#;KS=9Ja=BJ;9#=9>#BHC#D;>C#;R#RJX 9=9MJ9S#J9Q=BJC9B#M=KC#@CKPJMC@#M;9@BJBLBC@#=#PCKA#@JS9JRJM=9B#J@@LC4#Q=KBJML<=K<A#J9# BHC#M;L9BKJC@#THCKC#HC=<BH#M=KC#J@#RJ9=9MC>#RK;D#QLI<JM#RL9>@O# "HC#=JD#;R#BHJ@#=KBJM<C#J@#B;#=9=<A@C#BHC#;KS=9Ja=BJ;9#=9>#BHC#D;>C#;R#RJ9=9MX J9S#J9Q=BJC9B#HC=<BH#M=KC#@CKPJMC@#=9>#B;#D=]C#=9#=BBCDQB#=B#CP=<L=BJ9S#BHC#@;<LX BJ;9@#JDQ<CDC9BC>#J9#:;<=9>#TJBHJ9#BHC#RK=DCT;K]#;R#BHC#@A@BCD#;R#W;D;SC9CX ;L@#?K;LQ@#;R#:=BJC9B@#E*A@BCD#FC>9;K;>9AMH#?KLQ#:=MeC9BfTG#ICJ9S#;9C#;R#D=9A# D;>JRJM=BJ;9@#;R#BHC#-J=S9;@J@#)C<=BC>#?K;LQ@#@A@BCD#THJMH#;KJSJ9=BC>#J9#BHC#$* O# # # CB*0)"!1%$#2' *$.#) &.* # ^HC9#=9=<A@J9S#RLKBHCK#<JRC#CZQCMB=9MA#J9#BHC#,(!-#M;L9BKJC@#J9#BHC#<=@B#c5# AC=K@# E3[cgV155gG# JB# M=9# IC# 9;BC># BH=B# BHC# =PCK=SC# <JRC# @Q=9# J9# BHC# 0CDICK# *B=BC@#;R#BHC#(LK;QC=9#$9J;9#<C9SBHC9C>#IA#=QQK;ZJD=BC<A#35#AC=K@#J9#BHC#=9=X <A@C>#QCKJ;>O#:;<=9>#L9>CKQCKR;KD@#=S=J9@B#BHJ@#I=M]SK;L9>#=@#BHC#=PCK=SC#<JRC# CZQCMB=9MA#J9MKC=@C>#IA#=QQK;ZJD=BC<A#d#AC=K@O#"HJ@#=9=<A@J@#M;9RJKD@#BHC#CZJ@X BC9MC# ;R# =# M;DD;9<A# ]9;T9# KC<=BJ;9# J9>JM=BJ9S# BH=B# D=9# <JPC# @H;KBCK# BH=9# T;DC9O#&9#BHC#(LK;QC=9#$9J;9#M;L9BKJC@#BHJ@#>JRRCKC9MC#J9#<JRC#@Q=9#=D;L9B@#B;# g#AC=K@#;9#=PCK=SC4#THCKC=@#J9#:;<=9>#JB#=MM;L9B@#R;K#=<D;@B#[#AC=K@O#&9#:;<=9># DC9#<JPC#;9<A#d3#AC=K@#;9#=PCK=SC4#J9#M;9BK=@B#B;#BHC#(LK;QC=9#$9J;9#M;L9BKJC@#

(3)

!;DQ=K=BJPC# 9=<A@J@#;R#-)-#*A@BCD@#J9#BHC#($#!;L9BKJC@# 75c THCKC#BHC#=PCK=SC#<JRC#@Q=9#R;K#DC9#=D;L9B@#B;#dg#AC=K@O#&B#M=9#IC#9;BC>#BH=B# :;<J@H#T;DC9#D=BMH#(LK;QC=9#T;DC9#J9#BCKD@#;R#=SC#EBHC#=PCK=SC#<JRC#@Q=9#R;K# BHC#(LK;QC=9#$9J;9#J@#N1#AC=K@#=9>#BHC#=PCK=SC#R;K#:;<=9>#=MM;L9B@#R;K#=<D;@B# N5GO#&9#BHC#M=@C#;R#DC9#BHJ@#>JRRCKC9MC#J@#c#AC=K@O#,LB#;R#=<<#BHC#,(!-#M;L9BKJC@# F=Q=9C@C#=9>#*Q=9J@H#T;DC9#=KC#MH=K=MBCKJ@C>#IA#BHC#<;9SC@B#<JRC#CZQCMB=9MA#V# Ng#AC=K@#=9>#N2#AC=K@#KC@QCMBJPC<AO#0C9#C9e;A#BHC#<;9SC@B#<JRC#@Q=9#J9#*TJBaCKX <=9>#V#@<JSHB<A#;PCK#d[#AC=K@#=9>#J9#F=Q=9#V#d[#AC=K@#E*CC#"=I<C#3GO## # # "=I<C#3O#+JRC#CZQCMB=9MAO#";B=<#Q;QL<=BJ;9#=B#IJKBH# +(#155g# RCD=<C@# h#+(#RCD=<C@ 3[cgV155g# +(#155g# D=<C@# h#+(#D=<C@# 3[cgV155g# -JRRCKC9MC#ICBTCC9# +(#R#=9>#+(#D# !;L9BKJC@#

E3G# E1G# E7G# E2G# EcG#i#E3G#V#E7G#

L@BKJ=# N1Od# 35ON# ddO3# 33Od# cOg#

UC<SJLD# N1O7# NON# dgOg# NO[# cOd# !aCMH#)CQLI<JM# d[O[# gO2# d7Oc# cOd# gO2# /J9<=9># N7O3# 35Og# dcO[# 35O2# dO1#

/K=9MC# N2O2# 35ON# ddO7# 35O7# dO3#

?CKD=9A# N1O2# 35Od# ddO1# 35Od# cO1#

?KCCMC# N1# [Og# ddO3# [ON# 2O[#

WL9S=KA# ddO2# dO7# g[# 7O3# NO2#

&KC<=9># N1O3# 35O1# ddO7# [O1# 2ON# &B=<A# N7ON# 33Oc# ddO[# 35Od# cO[#

F=Q=9# NcON# 3cOg# d[# 37Od# gON#

j;KC=# N1O2# 1NOd# dcOd# 12Og# gOd#

%;KT=A# N1O[# gO[# dNO1# gOg# 2Od#

:;<=9># d[Og# [O5# d5O[# gO5# NOd# :;KBLS=<# N1O7# 3cOd# dcOc# 32Oc# gON# *<;P=]#)CQLI<JM# dNO1# cOc# d5O2# 1# dON#

*Q=J9# N2O2# 31O1# ddOd# 35O7# gOd#

*TC>C9# N1O[# NO5# dNOd# dOc# 2O1#

*TJBaCK<=9># N2O1# 35O3# d[O1# 35Oc# cO5# "LK]CA# d2# 17Od# g[O3# 11ON# 2O[# $9JBC>#jJ9S>;D# N3O3# dO2# ddO3# [O1# 2O5# $9JBC>#*B=BC@# N5O2# dO7# dcO1# NOg# cO1#

PCK=SC#R;K#$O(O# N1# 35# dg# [# gO5#

*;LKMCY#,T9#M=<ML<=BJ;9@#I=@C>#;9#,(!-#WC=<BH#-=B=#155N#V#'CK@J;9Y#-CMCDICK#155NO## #

(4)

0=KJ=#bTJ>CKC]# 75g DB*)E#)+0'+&3%)*!+*2)$,&2* $%)*.)%(' ).* * "HC# CZQC9>JBLKC# J9MLKKC># ;9# HC=<BH# M=KC# @CKPJMC@# M;9@BJBLBC@# =# @JS9JRJM=9B# @H=KC#;R#BHC#?K;@@#-;DC@BJM#:K;>LMBO#"HC#<=KSC@B#QK;Q;KBJ;9#;R#RL9>@#J@#=<<;M=BC># B;#HC=<BH#M=KC#J9#BHC#$* O#&9#155N#BHJ@#CZQC9>JBLKC#=MM;L9BC>#R;K#3gk#;R#?-:O# &9#M;DQ=KJ@;9#B;#BHC#AC=K#3[dg4#JOCO#;PCK#BHC#QCKJ;>#;R#25#AC=K@4#BHC#CZQC9>JBLKC# ;9#HC=<BH#M=KC#H=@#J9MKC=@C>#IA#N#QCKMC9B=SC#Q;J9B@O# ^HC9#=9=<AaJ9S#BHC#CZQC9>JBLKC#;9#HC=<BH#M=KC#@CKPJMC@#QCK#M=QJB=#J9#155N#JB# M=9#IC#9;BC>#BH=B#;9C#MJBJaC9#=MM;L9BC>#R;K#dc7N#$*l#J9#QLKMH=@J9S#Q;TCK#Q=KJBA# =9>#BHC#J9MKC=@C#;PCK#BHC#QCKJ;>#;R#31#AC=K@#=D;L9BC>#B;#355k#EJ9#3[[g#BHC#@=J># CZQC9>JBLKC#=MM;L9BC>#R;K#7N57#$*l#J9#QLKMH=@J9S#Q;TCK#Q=KJBAGO# &B#@H;L<>#IC#B=]C9#J9B;#=MM;L9B#BH=B#J9#BHC#$* #BHC#QK;PJ@J;9#;R#HC=<BH#M=KC# @CKPJMC@# B;# MJBJaC9@# >;C@# 9;B# M;9@BJBLBC# BHC# KC@Q;9@JIJ<JBA# ;R# BHC# @B=BCO# :KJP=BC# RL9>@# =MM;L9B# R;K# HC# <=KSC@B# QK;Q;KBJ;9# ;R# BHC# B;B=<# HC=<BH# M=KC# CZQC9>JBLKCO# &B# @H;L<>#IC#@BKC@@C>#BH=B#BHC#D=e;KJBA#;R#9CT#DC>JM=<#BCMH9;<;SJC@#=KC#>CPC<;QC># J9#BHC#$* O# D;9S# BHC# (LK;QC=9# $9J;9# 0CDICK# *B=BC@# ?CKD=9Am@# CZQC9>JBLKC# ;9# HC=<BH#J@#BHC#HJSHC@BO#&9#155N#B;B=<#HC=<BH#M=KC#CZQC9>JBLKC#=D;L9BC>#B;#=<D;@B# 33k# ?-:# THCKC# QCK# M=QJB=# CZQC9>JBLKC# =D;L9BC># B;# 7d7d# $*l# J9# QLKMH=@J9S# Q;TCK#Q=KJBAO# &9#:;<=9>#BHC#CZQC9>JBLKC#=@@JS9C>#B;#;9C#MJBJaC9#=D;L9BC>#B;#dk#?-:#JOCO# =QQK;ZJD=BC<A#3137##$*l#J9#QLKMH=@J9S#Q;TCK#Q=KJBAO# "HC#RL9>@#=<<;M=BC>#B;#HC=<BH#M=KC#@CKPJMC@#J9#:;<=9>#=KC#@M=KMC#J9#M;DQ=KJX @;9#B;#@LMH#M;L9BKJC@#=@#?CKD=9A#;K#*TC>C9#E*CC#"=I<C#1GO#W;TCPCK4#=MM;K>J9S# B;#BHC#=LBH;K#;R#BHJ@#Q=QCK4#BHJ@#J@#9;B#BHC#D=J9#KC=@;9#R;K#BHC#D=<RL9MBJ;9J9S#;R# BHC#HC=<BH#M=KC#@A@BCD#J9#:;<=9>O#^HC9#BHC#Q=ACK#>;C@#9;B#H=PC#=9A#CM;9;DJM# ]9;T<C>SC#;9#BHC#M;@B@#;R#HC=<BH#M=KC#JB#J@#H=K>#B;#>CBCKDJ9C#H;T#HJSH#BHC#=PCKX =SC#;LB<=A#;9#;9C#Q=BC9B#@H;L<>#ICO### # # "=I<C#1O#(ZQC9>JBLKC#;9#HC=<BH#M=KC#@CKPJMC@# 3[dg# 3[Ng# 3[[g# 155g# 155N# 3# 1# 7# 2# c# $9JBC>#*B=BC@# ";B=<#CZQC9>JBLKC#;9#HC=<BH#k#SK;@@#>;DC@BJM#QK;>LMB#

NO3# 35O1# 37O1# 3cO7# 3gO5#

";B=<#CZQC9>JBLKC#;9#HC=<BH4#QCK#M=QJB=4#$*l#QLKMH=@J9S#Q;TCK#Q=KJBA#

gd5# 3Ndd# 7N57# gd32# dc7N#

*TC>C9#

";B=<#CZQC9>JBLKC#;9#HC=<BH#k#SK;@@#>;DC@BJM#QK;>LMB#

dON# NO1# NO1# [O1# [O2#

";B=<#CZQC9>JBLKC#;9#HC=<BH4#QCK#M=QJB=4#$*l#QLKMH=@J9S#Q;TCK#Q=KJBA#

(5)

!;DQ=K=BJPC# 9=<A@J@#;R#-)-#*A@BCD@#J9#BHC#($#!;L9BKJC@# 75d

"=I<C#1#EM;9BOG#

3# 1# 7# 2# c#

?CKD=9A#

";B=<#CZQC9>JBLKC#;9#HC=<BH#k#SK;@@#>;DC@BJM#QK;>LMB#

NO2# NOd# 35O2# 35Og# 35Oc#

";B=<#CZQC9>JBLKC#;9#HC=<BH4#QCK#M=QJB=4#$*l#QLKMH=@J9S#Q;TCK#Q=KJBA#

g7N# 32cc# 17[[# 77d3# 7d7d#

:;<=9>#

";B=<#CZQC9>JBLKC#;9#HC=<BH#k#SK;@@#>;DC@BJM#QK;>LMB#

## ## cO[# gO1# dO5#

";B=<#CZQC9>JBLKC#;9#HC=<BH4#QCK#M=QJB=4#$*l#QLKMH=@J9S#Q;TCK#Q=KJBA# ## ## 2dN# [35# 3137# *;LKMCY#,T9#M=<ML<=BJ;9@#I=@C>#;9#,(!-#WC=<BH#-=B=#155N#V#'CK@J;9Y#-CMCDICK#155NO## * * FB*.-.&)"*!/*2)$,&2* $%)*!%1$+'G$&'!+* #

"HC# ;KS=9Ja=BJ;9# ;R# HC=<BH# M=KC# J@# =# PCKA# M;DQ<CZ# J@@LC# =9># J9# R=MB# CPCKA# M;L9BKA#H=@#JB@#;T9#@QCMJRJM#;KS=9Ja=BJ;9=<#@A@BCDO#

&9#HJ@B;KJM=<#BCKD@#HC=<BH#J9@LK=9MC#@MHCDC@#TCKC#BHC#RJK@B#B;#CDCKSC#E?CKX D=9A# 3N77GO# "HCJK# RL9MBJ;9J9S# T=@# I=@C># ;9# =# HC=<BH# J9@LK=9MC# M;9BKJILBJ;9O# /K;D#BHC@C#@MHCDC@#CP;<PC>#BHC#RL9>J9S#;R#IC9CRJB@#J9#]J9>#=9># M=@H#IC9CRJB@O# "HC# D;@B# M;DD;9# RL9>J9S# D;>C<# =@# KCS=K>@# IC9CRJB@# J9# ]J9># J@# I=@C># ;9# ;9C# Q=ACK#E@LMH##=#@MHCDC#MLKKC9B<A#;QCK=BC@#J9#:;<=9>4#+JBHL=9J=4# +=BPJ=#;K#WL9X S=KAG# ;K# ;9# @CPCK=<# # J9@LKCK@# E=@# CZCDQ<JRJC># J9# ?CKD=9A4# L@BKJ=4# BHC# !aCMH# )CQLI<JM#;K#BHC#*<;P=]#)CQLI<JMGO#"HC#HC=<BH#J9@LK=9MC#@MHCDC#THJMH#;QCK=BC@# J9#/K=9MC#J@#I=@C>#;9#RJ9=9MJ9S#M=@H#IC9CRJB@#E!H=KB#3GO# 9;BHCK#@CQ=K=BC#D;>C<#;R#RJ9=9MJ9S#HC=<BH#M=KC#J@#BHC#QLI<JM<A#RL9>C>#@A@X BCD#EBHC#%=BJ;9=<#WC=<BH#*CKPJMC#D;>C<G#THJMH#M=9#;QCK=BC#CJBHCK#J9#BHC#MC9BK=<X JaC>#R;KD#E?KC=B#UKJB=J9G#;K#J9#BHC#>CMC9BK=<JaC>#R;KD#EBHC#*M=9>J9=PJ=9#M;L9X BKJC@4#&B=<A4#:;KBLS=<GO# &B#@H;L<>#IC#CDQH=@JaC>#BH=B#I;BH#BHC#HC=<BH#J9@LK=9MC#@MHCDC#=9>#BHC#QLIX <JM<A#RL9>C>#@A@BCD#=KC#M;9@B=9B<A#CP;<PJ9S#=9>#@BJ<<#H=PC#9;B#B=M]<C>#BHC#QK;IX <CD# ;R# I=<=9MC# ICBTCC9# @LQQ<A# =9># >CD=9># R;K# HC=<BH# M=KC# @CKPJMC@# L9>CK# IL>SCB# M;9@BK=J9B@O# "HJ@# QHC9;DC9;9# @H;L<># IC# KCS=K>C># =@# =# 9=BLK=<# M;9@CX nLC9MC#;R#=>P=9MCDC9B@#J9#BCMH9;<;SA#THJMH#C9B=J<#M;9@B=9B<A#J9MKC=@J9S#;LB<=A@# ;9#HC=<BH#M=KC#@CKPJMC@#=9>#;9#JDQK;PJ9S#BHC#CRRCMBJPC9C@@#;R#;LB<=A@#=<<;M=BJ;9O#

(6)

0=KJ=#bTJ>CKC]#

75N

#

!H=KB#3O#"AQC@#;R#HC=<BH#M=KC#@A@BCD@#J9#BHC#($#M;L9BKJC@#=9>#BHC#(( #M;L9BKJC@#EB;#BHC#CZM<L@J;9# ;R#!AQKL@#=9>#0=<B=G#

*;LKMCY# C>O# O# j;aJCK]JCTJMa# o# j;p;# K=BL9];TC# ><=# @aQJB=<JO# ,># >;qTJ=>MaCr# >;# D;>C<L`4## QO#g[4#"CKDC>J=#:LI<J@HJ9S#W;L@CO# # # HB*!%1$+'G$&'!+*!/*'"#$&')+&*&%)$&")+&* # ,LB#;R#=<<#;LB<=A@#J9MLKKC>#;9#HC=<BH#M=KC#BHC#CZQC9>JBLKC#;9#J9Q=BJC9B#HC=<BH# M=KC# @CKPJMC@# M;9@BJBLBC# BHC# D;@B# @JS9JRJM=9B# SK;LQ# ;R# M;@B@# J9# BHC# HC=<BH# M=KC# @A@BCDO# 0;KC;PCK4# BHJ@# CZQC9>JBLKC# J@# QKC>;DJ9=9B<A# RL9>C># RK;D# QLI<JM# @;LKMC@O##

&9#BHC#($#M;L9BKJC@#BHC#@H=KC#;R#J9Q=BJC9B#@CKPJMC@#J9#B;B=<#HC=<BH#M=KC#;LB<=A@# K=9SC@#RK;D#1ck#B;#c5k#=9>#=B#BHC#@=DC#BJDC#=B#<C=@B#N5k#;R#BHC#CZQC9>JBLKC#;9# J9Q=BJC9B# @CKPJMC@# J@# M;PCKC># RK;D# QLI<JM# RL9>@O# &9# :;<=9># J9# 155[# BHC# M;@B# ;R# J9Q=BJC9B#HC=<BH#M=KC#@CKPJMC@#=MM;L9BC>#R;K#2dk#;R#BHC#B;B=<#M;@B@#;R#HC=<BH#M=KCO# "HC#M;@B@#;R#>KLS#KCJDILK@CDC9B#K=9]C>#@CM;9>#E3ckG#=9>#QKJD=KA#HC=<BH#M=KC#V# BHJK>#E37kG#E*CC#"=I<C#7GO# # ,KS=9Ja=BJ;9=<# R;KD# %=BJ;9=<#WC=<BH#*CKPJMC# WC=<BH#J9@LK=9MC#@MHCDC@# !=@H#IC9CRJB@

UC9CRJB@#J9#]J9># !C9BK=<JaC># -CMC9BK=<JaC>#

$j# *;LBH## (LK;QC=9# &(# %;KBH# (LK;QC=9# * /J9 % &! & ( ?) : / U + 0L<BJQ<C#RL9>@ 0;9;Q@A# -%+ *+,# !. *j :+# W# +"# +' (#

(7)

!;DQ=K=BJPC# 9=<A@J@#;R#-)-#*A@BCD@#J9#BHC#($#!;L9BKJC@# 75[ "=I<C#7O#!;@B#@BKLMBLKC#;R#HC=<BH#M=KC#@CKPJMC@# 155N# 155[# -A9=DJM# !;@B@#;R#HC=<BH## M=KC#@CKPJMC@# J9#BH;L@=9>#:+%## E3G# @H=KC#k# E1G# J9#BH;L@=9># :+%## E7G# @H=KC#k## E2G# c#i#E7V 3Gs3# :KJD=KA#HC=<BH#M=KC# c#N77#[53# 31k# d#7Nc#[d5# 37k# 1dk# *QCMJ=<J@B#;LBQ=BJC9B#HC=<BH#M=KC# 7#[25#7[g# Nk# 2#13N#dd[# Nk# dk# W;@QJB=<#BKC=BDC9B# 17#N51#32[# 2Nk# 1c#ddc#7Nc# 2dk# Nk# :@AMHJ=BKJM#HC=<BH#M=KC## =9>#=>>JMBJ;9@#BKC=BDC9B# 3#gdd#[5c# 7k# 3#[1g#cc5# 2k# 3ck# 0C>JM=<#KCH=IJ<JB=BJ;9# 3#cg3#77c# 7k# 3#dc2#5c3# 7k# 31k# !;9BJ9LJ9S#HC=<BH#M=KC# [33#[cg# 1k# 3#51[#551# 1k# 37k# -C9B=<#@CKPJMC@# 3#d7N#dd5# 2k# 3#N2[#257# 7k# gk# *=9=B;KJLD#BKC=BDC9B# 2dc#25N# 3k# g7g#2d7# 3k# 72k# (DCKSC9MA#BKC=BDC9B## =9>#=DIL<=9MC#BK=9@Q;KB# 75#c27# 543k# 72#52g# 543k# 33k# :KCPC9BJPC#HC=<BH#QK;SK=DDC@# [2#[21# 541k# 33[#3gc# 541k# 1gk# *CKPJMC@#M;9BK=MBC>#@CQ=K=BC<A# 3#3cg#52d# 1k# 3#1Nc#[57# 1k# 33k# ,KBH;Q=C>JM#CnLJQDC9B# cdd#577# 3k# cNd#2N5# 3k# 1k# -KLS#KCJDILK@CDC9B# d#7gd#52c# 3ck# N#17N#3cd# 3ck# 31k# *;LKMCY#M;DQJ<=BJ;9#I=@C>#;9#BHC#/J9=9MJ=<#*B=BCDC9B#;R#BHC#%=BJ;9=<#WC=<BH#/L9>##E%/.G#R;K# BHC#AC=K#155[O### # "HC#>=B=#;9#HC=<BH#M=KC#J9#BHC#,(!-#M;L9BKJC@#QKC@C9BC>#J9#"=I<C#2#KCPC=<# M;9@J>CK=I<C#>JRRCKC9MC@###=@#KCS=K>@#I;BH#BHC#=PCK=SC#M;@B#;R#DC>JM=<#M;9@L<B=X BJ;9#=9>#BHC#=PCK=SC#M;@B#;R#H;@QJB=<#@B=A#J9#Q=KBJML<=K#M;L9BKJC@O#&9#WL9S=KA#BHC# M;@B@# ;R# DC>JM=<# M;9@L<B=BJ;9# =KC# BHC# <;TC@B# E=QQK;ZJD=BC<A# 1# tG# THCKC=@# J9# -C9D=K]#BHC#@=J>#M;@B@#=KC#BHC#HJSHC@B#E[5#tG#V#"=I<C#2O# # "=I<C#2O#"HC#=PCK=SC#M;@B#;R#H;@QJB=<#@B=A#=9>#BHC#=PCK=SC#M;@B## ;R#>;MB;Km@#M;9@L<B=BJ;9#J9#BHC#AC=K#1551#EtG# !;L9BKJC@# !;@B#;R#H;@QJB=<#@B=A !;@B#;R#DC>JM=<#M;9@L<B=BJ;9 WL9S=KA# c7d# 1# :;<=9># cg2# 35# !aCMH#)CQLI<JM N5N# [# *Q=J9# 1#N1c# 2c# ?CKD=9A# 7#cg7# 7N# -C9D=K]# c#cN[# [5#

*;LKMCY# O# j;aJCK]JCTJMa# _# FC>9;K;>9C# ?KLQA# :=MeC9BfTO# :KaCT;>9J]# Q;# @A@BCDJC`4# QO# 3[4# %=K;>;TA# /L9>L@a# .>K;TJ=# V# !C9BK=<=#:LI<J@HJ9S#W;L@C4#155[O#

(8)

0=KJ=#bTJ>CKC]# 735 "HC#>J@BKJILBJ;9#;R#BHC#=PCK=SC#M;@B#;R#H;@QJB=<#@B=A#J@#@JDJ<=K#B;#BHC#>J@BKJILX BJ;9#;R#BHC#=PCK=SC#M;@B#;R#DC>JM=<#M;9@L<B=BJ;9#=9>#BHL@#J9#WL9S=KA#eL@B#<J]C#J9# :;<=9>#BHC#=PCK=SC#M;@B#;R#H;@QJB=<#@B=A#=D;L9B@#B;#=QQK;ZJD=BC<A#cc5#t#THJ<C# J9#?CKD=9A#BHC#@=J>#M;@B#J@#7Oc#BH;L@=9>#t#=9>#J9#-C9D=K]#V#cOc#BH;L@=9>#tO## <BH;LSH# Q=BJC9B@# L@C# H;@QJB=<# @CKPJMC@# <C@@# ;RBC9# BH=9# ;LBQ=BJC9B# DC>JM=<# M;9@L<B=BJ;9@# BHC# RJ9=9MJ=<# ILK>C9# QCKB=J9J9S# B;# RJ9=9MJ9S# H;@QJB=<# BKC=BDC9B# J@# DLMH#HC=PJCKO# "HC#Q=BJC9B@#RK;D#BHC#!aCMH#)CQLI<JM#=9>#WL9S=KA#KCMCJPC#DC>JM=<#M;9@L<X B=BJ;9@#D;@B#RKCnLC9B<A#JOCO#=K;L9>#37#BJDC@#=#AC=K#;9#=PCK=SC#THJ<C#BHC#*TC>C@# L@C#BHJ@#BAQC#;R#@CKPJMC@#;9<A#7#BJDC@#=#AC=KO# @#KCS=K>@#H;@QJB=<#@B=A@#J9#/K=9MC#1N#J9#355#QC;Q<C#L@C>#H;@QJB=<#@CKPJMC@# =9>#J9#:;KBLS=<#BHJ@#QK;Q;KBJ;9#T=@#[#J9#355#QC;Q<C#EI=@C>#;9# O#j;aJCK]JCTJMa# _FC>9;K;>9C# ?KLQA# :=MeC9BfTO# :KaCT;>9J]# Q;# @A@BCDJC`4# QO# 154# %=K;>;TA# /L9>L@a#.>K;TJ=#V#!C9BK=<=#:LI<J@HJ9S#W;L@C4#155[GO#

"HC# >JRRCKC9MC# TJBH# KCS=K># B;# BHC# RJ9=9MJ=<# ILK>C9# ICBTCC9# ;LBQ=BJC9B# =9># J9Q=BJC9B#HC=<BH#M=KC#@CKPJMC@#KC@L<B@#J9#J9Q=BJC9B#@CKPJMC@#ICJ9S#BKC=BC>#J9#=#@QCX MJ=<#T=AO##

"HC# =I;PC# =9=<A@J@# PCKA# M<C=K<A# J9>JM=BC@# BHC# JDQ;KB=9MC# ;R# H;@QJB=<# BKC=BX DC9B#C9@LJ9S#RK;D#BHC#R=MB#BH=B#J9Q=BJC9B#HC=<BH#M=KC#@CKPJMC@#SC9CK=BC#BHC#HJSHX C@B#M;@B@#=9>#=B#BHC#@=DC#BJDC#BHCA#C9B=J<#K=QJ><A#SK;TJ9S#M;@B@#QCKB=J9J9S#B;#BHC# >CPC<;QDC9B#;R#9CT#BCMH9;<;SJC@O#/;K#BHC@C#KC=@;9@#JB#DL@B#IC#KCM;S9JaC>#BH=B# BHC#;KS=9Ja=BJ;9#=9>#BHC#D;>C#;R#RJ9=9MJ9S#J9Q=BJC9B#HC=<BH#M=KC#@CKPJMC@#M;9@BJX BLBC#;9C#;R#BHC#D;@B#@JS9JRJM=9B#J@@LC@#J9#HC=<BH#M=KCO# # #

IB* 2$%$ &)%'.&' */)$&3%).*!/*0%1*.-.&)".* # 0;@B#@A@BCD@#;R#J9Q=BJC9B#HC=<BH#M=KC#;KS=9Ja=BJ;9#J9#BHC#($#TCKC#I=@C>#;9# BHC#M=@CXDJZ#@A@BCD@#>CKJPC>#RK;D#BHC# DCKJM=9#-)?#@A@BCDO#"HC#-)?#@A@BCD# T=@#MKC=BC>#IA#);ICKB#/CBBCK#=B#\=<C#$9JPCK@JBAO#&B#T=@#JDQ<CDC9BC>#J9#3[N7#J9# BHC#0C>JM=KC#@A@BCD#V#=#nL=@JXQLI<JM#@A@BCD#M;PCKJ9S#BHC#QC;Q<C#;PCK#gc#AC=K@# ;R#=SCO# "HC#-)?XI=@C>#@A@BCD#H=@#ICC9#J9#;QCK=BJ;9#R;K#15#AC=K@#J9#JB@#D=9A#P=KJ=X BJ;9@#=D;9S#;BHCK@#J9#BHC#$* 4#/K=9MC4#?KC=B#UKJB=J94#UL<S=KJ=4#?KCCMC4#);D=X 9J=4#WL9S=KA4#BHC#!aCMH#)CQLI<JM4#/J9<=9>4#%;KT=A4#*TC>C94# L@BKJ=4#UC<SJLD4# BHC# %CBHCK<=9>@# =9># J9# &B=<AO# :;<=9># JDQ<CDC9BC># BHC# @A@BCD# ;9# 3# FL<A# 155N# E"=I<C#cGO#

# # # #

(9)

!;DQ=K=BJPC# 9=<A@J@#;R#-)-#*A@BCD@#J9#BHC#($#!;L9BKJC@# 733 "=I<C#cO#-)?#@A@BCD@#CP;<LBJ;9# 3[d5@# \=<C## -)?#E$* G## # # # # 3[N7# W!/ #-)?#E$* G # # # # 3[Ng# # ?W0#3#E/K=9MCG# # # # 3[NN# # # # :#-)?# # 3[[3# # # # # # 3[[1# # # # # # 3[[7# WL9S=KA## # # # # 3[[c# *+",- # # # # 3[[g# # # %;K>#-)? # # 3[[d# # ?W0#1#E/K=9MCG # ./"$0 # 3[[[# # (R:#E/K=9MCG## # # )#-)?# 1551# # # -C9D=K]## # # 1557# W)?#E(9S<=9>G# # # # ?CKD=9A# 1552# # ::*#E/K=9MCG## # # # 155N# F?:#E:;<=9>G# # # # # ##########*;LKMCY#;T9#M;DQJ<=BJ;9#I=@C>#;9#WC=<BH#!=KC#0=9=SC#*MJ#E155gG4#QO#13gO# # # JB*K$.' *#%'+ '#,).*!/*0%1*.-.&)".* * "HC#-)?#@A@BCD#J@#I=@C>#;9#M<=@@JRAJ9S#Q=BJC9B@#J9B;#KC<CP=9B#SK;LQ@#THJMH# =KC#H;D;SC9C;L@#J9#BCKD@#;R#M<J9JM=<#M;9>JBJ;9#=9>#KC@;LKMC#M;9@LDQBJ;9O#:=X BJC9B@#=KC#=@@JS9C>#B;#SK;LQ@#QLK@L=9B#B;#BHC#R;<<;TJ9S#R=MB;K@Y#&!-#>J=S9;@C@#V# QK;QCK#>J=S9;@J@#=9>#M;D;KIJ>#M;9>JBJ;9@#>J=S9;@J@4#=>DJ9J@BCKC>#DC>JM=<#QK;X MC>LKC@4#Q=BJC9Bm@#=SC#=9>#@CZO# (=MH#SK;LQ#@H;L<>#IC#;R#M<J9JM=<#@JS9JRJM=9MC#THJMH##J@#=@@;MJ=BC>#TJBH#=#@JDJ<=K# DCBH;>#;R#BKC=BDC9B#=9>#@QCMJRJM#MH=K=MBCKJ@BJM@#;R#Q=BJC9B@#KC<=BC>#B;#BHC#<C9SBH# ;R#H;@QJB=<#@B=A4#]J9>@#;R#DC>JM=<#QK;MC>LKC@#=>DJ9J@BCKC>#;9#Q=BJC9B@4#>J=S9;@X BJM#@CKPJMC@#;K#DC>JM=BJ;9@#BHC@C#Q=BJC9B@#KCMCJPC>#CBMO# V#Q=KBJML<=K#SK;LQ@#@H;L<>#IC#D=>C#LQ#;R#Q=BJC9B@#TH;@C#BKC=BDC9B#J@#@JDJ<=K<A# M;@B#J9BC9@JPC#JOCO#BHCA#=KC#CZQCMBC>#B;#L@C#BHC#@=DC#<CPC<#;R#H;@QJB=<#KC@;LKMC@# V#Q=BJC9B@#=KC#=<<;M=BC>#B;#;9C#SK;LQ#;9#BHC#I=@J@#;R#SC9CK=<<A#=P=J<=I<C#M<J9JM=<# J9R;KD=BJ;9# >CKJPC># RK;D# H;@QJB=<# DC>JM=<# KCM;K>@# QCKB=J9J9S# B;# BHC# Q=BJC9Bm@# M;9>JBJ;9#;K#BKC=BDC9B#=>DJ9J@BCKC>#;9#HJD#;K#HCKO# # #

(10)

0=KJ=#bTJ>CKC]# 731 "=I<C#gO#:=BJC9B#M<=@@JRJM=BJ;9#@A@BCD#J9#@C<CMBC>#(LK;QC=9#M;L9BKJC@# !;L9BKA# :=BJC9B#M<=@@JRJM=BJ;9# @A@BCD#E:!*G# 0C>JM=<#>J=S9;@J@# M;>C@# 0C>JM=<#QK;MC>LKC#M;>C@# ?KC=B#UKJB=J9# W)?# &!-X35# ,:!*X2O2#

L@BKJ=# +-/# &!-X35# !:#

UC<SJLD# :)#-)?# &!-X[#!0# &!-X[#!0# UL<S=KJ=# &)#-)?# &!-X[#!0# &!-X[#!0# !aCMH#)CQLI<JM# :#-)?O#&)#-)?# &!-X35# &!:0# -C9D=K]# %,)-#-)?4#-j#-)?# &!-X35# %!*:# /J9<=9># %,)-#-)?# &!-X35# %!*:#

/K=9MC# ?W04#:R(# &!-X35# !- 0#

?CKD=9A# ?#-)?4#E )#-)?G# &!-X35X*?U'# ,:*X753#PO1O5# ?KCCMC# W!/ #-)?# &!-X[#!0# &!-X[#!0# &B=<A# W!/ #-)?# &!-X[#!0# &!-X[#!0#

%;KT=A# %,)-#-)?# &!-X35# %!*:#

:;<=9># F?:# &!-X35# &!-X[#!0# :;KBLS=<# W!/ #-)?# &!-X[#!0# &!-X[#!0# );D=9J=# W!/ X4# :X4#&)X#-)?# &!-X35# &!:0# *Q=J9# W!/ #-)?# &!-X[#!0# &!-X[#!0# *TC>C9# %,)-#-)?# &!-X35# %!*:# *TJBaCK<=9># :#-)?# &!-X35# &!-X[#!0# ##########*;LKMCY#;T9#M;DQJ<=BJ;9#I=@C>#;9#WC=<BH#!=KC#0=9=SC#*MJ#E155gG#[Y#QO#13gO# # # "HC#P=KJ=I<C@#QLK@L=9B#B;#THJMH#Q=BJC9B@#=KC#M=BCS;KJaC>#J9B;#SK;LQ@#J9#BHC# :;<J@H#@A@BCD#;R#W;D;SC9C;L@#?K;LQ@#;R#:=BJC9B@#E*A@BCD#FC>9;K;>9AMH#?KLQ# :=MeC9BfTG# C9M;DQ=@@Y# >J=S9;@J@4# =>DJ9J@BCKC># DC>JM=<# QK;MC>LKC@4# M;DQ<JM=X BJ;9@#=9>#M;D;KIJ>JBJC@4#Q=BJC9Bm@#=SC#=9>#BHC#<C9SBH#;R#H;@QJB=<#@B=AO# !LKKC9B<A# BHCKC# =KC# =K;L9># c55# W;D;SC9C;L@# ?K;LQ@# ;R# :=BJC9B@# EF?:@GO# "HC#F?:#D;>C<#T=@#I=@C>#;9#BHC#UKJBJ@H#W)?#D;>C<#ILB#JB#T=@#D;>JRJC>#=9># =>eL@BC>#B;#:;<J@H#M;9>JBJ;9@O#"HC#F?:#D;>C<##H=@#ICC9#J9#;QCK=BJ;9#J9#:;<=9># R;K#;9C#AC=K#=9>#JB#J@#H=K>#B;#M=KKA#;LB#=#>CB=J<C>#=9=<A@J@O# %CPCKBHC<C@@4#JB#M=9#IC#@B=BC>#TJBH#=#HJSH#>CSKCC#;R#MCKB=J9BA#BH=B#>LC#B;#BHC# R=MB#BH=B#BHC#F?:#D;>C<#J@#9;B#KC<=BC>#B;#BHC#=MBL=<#M;@B@#;R#HC=<BH#M=KC#@CKPJMC@# @;DC#HC=<BH#M=KC#@CKPJMC@#=KC#L9>CKC@BJD=BC>#=9>#@;DC#=KC#;PCKC@BJD=BC>O#"HC# M;@B@# ;R# DC>JM=<# @CKPJMC@# J9# :;<=9># =KC# @BJ<<# >CBCKDJ9C># ;9<A# IA# =QQK;ZJD=BC# P=<LC@# =<BH;LSH# BHC# HC=<BH# J9@LK=9MC# @MHCDC# T=@# QLB# J9B;# ;QCK=BJ;9# 35# AC=K@# =S;O#

(11)

!;DQ=K=BJPC# 9=<A@J@#;R#-)-#*A@BCD@#J9#BHC#($#!;L9BKJC@# 737 "=I<C#d#@H;T@#H;T#;BHCK#M;L9BKJC@#H=PC#B=M]<C>#BHJ@#J@@LCO#&9#?KC=B#UKJB=J9# M;@B#=MM;L9BJ9S#J@#M=KKJC>#;LB#;9#BHC#TH;<C#Q;QL<=BJ;9#;R#755#H;@QJB=<@O#&9#?CKX D=9A# BHCKC# CZJ@B@# =9# =LB;9;D;L@# J9@BJBLBJ;9# &9(j# THJMH# M=<ML<=BC@# M;@B@# ;9# =# M;DQ<CBC<A#J9>CQC9>C9B#I=@J@#;9#=#@=DQ<C#;R#132#H;@QJB=<@#ETHJMH#=MM;L9B@#R;K# 31k#;R#BHC#B;B=<#9LDICK#;R#H;@QJB=<@GO#&9#WL9S=KA#BHC#>=B=#@=DQ<C#C9M;DQ=@@C@# 75# H;@QJB=<@# =9># J9# /K=9MC# V# c1# H;@QJB=<@# ETHJMH# =MM;L9B@# R;K# 7k# ;R# BHC# B;B=<# 9LDICK#;R#H;@QJB=<@GO# # "=I<C#dO#*JaC#;R#BHC#>=B=#@=DQ<C#M;DQ=KC>#B;#BHC#9LDICK#;R#H;@QJB=<@#ICJ9S#KCJDILK@C>#J9#-)?@# !;L9BKA# H;@QJB=<@#J9M<L>C>#%LDICK#;R# J9#-=B=#*=DQ<C# %LDICK#;R#H;@QJB=<@# L@J9S#-)?@# W;@QJB=<@#J9#>=B=#@=DQ<C#=@# QCKMC9B=SC# ;R#=<<#H;@QJB=<@#L@J9S# -)?@# (9S<=9>4#UKJB=J9# 755# 755# 355k# /K=9MC# c1# 3#cg2# 7O7k# ?CKD=9A## 132# 3dd[# 31k# WL9S=KA## 75# 3g5# 3NONk# &B=<A# N# dg3# 3O3k# %CBHCK<=9>@# 17# 352# 11O3k# :;<=9># V# V# V# *Q=J9# 3N# V# V# *;LKMCY#;T9#M;DQJ<=BJ;9#I=@C>#;9#WC=<BH#!=KC#0=9=SC#*MJ#E155gG#[Y#QO#13d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nL=<JBA#;R#DC>JM=<#KCQ;KBJ9S#J9#H;@QJX B=<@O#0C>JM=<#QK;MC>LKC#M<=@@JRJM=BJ;9#E&!-X[G4#=<BH;LSH#@BJ<<#JDQCKRCMB4#D=>C#JB# Q;@@JI<C#B;#M=KKA#;LB#=#KC<J=I<C#=9>#>CB=J<C>#=9=<A@J@#;R#BHC#CQJ>CDJ;<;SJM=<#>=B=# ;R#BHC#@;MJCBAO#

(12)

0=KJ=#bTJ>CKC]# 732 "HC#9CZB#@B=SC#THJMH#@H;L<>#B=]C#Q<=MC#J9#BHC#MH=9SC#D=9=SCDC9B#@A@BCD# M;9@J@B@#J9#KC<=BJ9S#BHC#Q;J9B#P=<L=BJ;9#;R#=#SJPC9#H;D;SC9C;L@#SK;LQ#;R#Q=BJC9B@# EF?:G#B;#=MBL=<#M;@B@O#*LMH#=MBJ;9#TJ<<#C9=I<C#H;@QJB=<@#B;#CRRCMBJPC<A#L@C#QLI<JM# RL9>@#>CKJPC>#RK;D#BHC#HC=<BH#J9@LK=9MC#M;9BKJILBJ;9O## ,9C#;R#BHC#D=e;K#QK;I<CD@#BHC#HC=<BH#M=KC#@CKPJMC@#KCQ;KBJ9S#@A@BCD#J@#R=MC># TJBH# J@# BHC# @;# M=<<C># MKC=BJPC# KCQ;KBJ9S# ;R# BHC# HC=<BH# M=KC# @CKPJMC@# QK;PJ>CK@# THJMH#>;C@#9;B#M;KKC@Q;9>#B;#BHC#=MBL=<#DC>JM=<#QK;MC>LKC@O#!KC=BJPC#KCQ;KBJ9S# J@# =9# =BBCDQB# =B# ;IB=J9J9S# =>>JBJ;9=<# RJ9=9MJ=<# KC@;LKMC@# RK;D# BHC# Q=ACK# J9# BHC# @JBL=BJ;9#THC9#=#QK;Q;KBJ;9#;R#DC>JM=<#QK;MC>LKC@#J@#L9>CKC@BJD=BC>O##

"HJ@# QK;I<CD# M=9# IC# @;<PC># IA# =>CnL=BC# C@BJD=BJ;9# ;R# <LDQX@LD# M;@B@# ;R# DC>JM=<#@CKPJMC@#=9>#IA#J9BC9@JRAJ9S#@CKPJMC#QK;PJ>CK@#@LQCKPJ@J;9O#

/J9=<<A4# JB# J@# 9CMC@@=KA# B;# J9>JM=BC# BHC# >JKCMBJ;9# J9# THJMH# =<<# BHC# -)?# =MX M;L9BJ9S#@A@BCD@#=KC#CP;<PJ9S#THJMH#M;9@J@B@#J9#=#H;<J@BJM#=BBJBL>C#B;T=K>@#BHC# Q=BJC9BO#!LKKC9B#-)?#@A@BCD@#=KC#D;KC#QK;RJB=I<C#R;K#DL<BJQ<C#H;@QJB=<Ja=BJ;9@# ;R#BHC#Q=BJC9B#BH=9#=>DJ9J@BCKJ9S#M;DQ<CBC#BKC=BDC9B##>LKJ9S#;9C#H;@QJB=<#@B=AO# *LMH# QK=MBJMC@# =KC# =MMCQB=I<C# =<BH;LSH# BHCA# M;9BK=>JMB# BHC# QHJ<;@;QHA# ICHJ9># -)?#@A@BCD@O# # # %)/)%)+ ).* * U=@JM#>=B=#;9#WC=<BH#!=KC4#!C9BK=<#*B=BJ@BJM=<#,RRJMC#155d4#155N4#155[O# (LK;X!=9=>=#WC=<BH#!;9@LDCK#&9>CZ#/K;9BJCK#!C9BKC#R;K#:LI<JM#:;<JMAu#WC=<BH#!;9@LDCK#:;TX CKH;L@C4#1535O# /CBBCK#)O#UO4#9$"6013$3 :(,"+(' ;#15/3< =0'(#3+"0'$06 >13/$+", ?(#41#@"02(4#&9BCKR=MC@#P;<O#13# E3G4#F=9L=KAX/CIKL=KA#3[[3O# WC=<BH#!=KC#0=9=SC#*MJ#E155gG4#P;<O#[O#

F=M;I@#)O4#*DJBH#:O#!O4#*BKCCB# O4#!("35#$06 A44$2$(02- $0 >(",+8 B"#(C D0",-+$2 E(280$F5(3 "0'

>(",+8 ?1,$2-4#!=DIKJ>SC#$9JPCK@JBA#:KC@@4#(>J9ILKS#155[O#

j;aJCK]JCTJMa## O#EC>OG4#G1H1 #"+50)1&( '," 3I/$+",$C J' '1K&$"'2I(L '1 @1'(,54#"CKDC>J=#:LIX <J@HJ9S#W;L@CO#

j;aJCK]JCTJMa# O4# M('01#1'0( ;#5/- ?"2N(0+O& ?#I(&1'0$) /1 3-3+(@$(4# %=K;>;TA# /L9>L@a# .>K;TJ=#V#!C9BK=<=#:LI<J@HJ9S#W;L@C4#^=K@=T#155[O#

jL@aCT@]J#jO4#?CKJM]C#!HO4#>(",+8 .-3+(@3 $0 E#"03$+$10< ?1,"0'4#!;QC9H=SC94#^W,#)CSJ;9=<# ,RRJMC# R;K# (LK;QC# ;9#ICH=<R# ;R# BHC# (LK;QC=9# ,I@CKP=B;KA# ;9# WC=<BH# *A@BCD@# =9># :;<JMJC@4# 155cO#

%=BJ;9=<#WC=<BH#/L9>#E%/.G#/J9=9MJ=<#*B=BCDC9B#R;K#BHC#AC=K#155d4#155N4#155[O# ,(!-#WC=<BH#-=B=#155N4#1535#V#'CK@J;9Y#-CMCDICKO#

:(65,"+$10 14 +8( !$0$3+(# 14 >(",+8 "0' .12$", P(,4"#( 10 '(+"$,(' /#$02$/,(3 14 213+ "22150+$06 $0 /57,$2 8(",+8 2"#( 4"2$,$+$(3#E,RRJMJ=<#F;LK9=<#3g24#JBCD#33[2GO# #

*MHC<<CXjKCJ9@C9#-O4#?CJ@@<CK# O4#UL@@C#)O4#E8( DQB 14 9:;34#(LK;#,I@CKPCK4#"HC#WC=<BH#:;<JMA# UL<<CBJ9#;R#(LK;QC=9#,I@CKP=B;KA#;9#WC=<BH#*A@BCD@#=9>#:;<JMJC@4#P;<O#334#155[4#9;#2O# *B=BJ@BJM=<#\C=KI;;]#;R#:;<=9>4#!C9BK=<#*B=BJ@BJM=<#,RRJMC#155[O#

bTJ>CKC]# 0O4# ?"#+0(#3+&1 ?57,$2I01R?#-&"+0( & ?1,32( $ N(61 450)2N101&"0$( 0" /#I-)H"'I$(

&-7#"0-28 /#1N()+O&C ./(2-4$)" ?"#+0(#3+&" ?57,$2I01 ?#-&"+0(61 & &-7#"0-28 173I"#"28 I"'"L /57,$2I0-28C J28#10" I'#1&$"4#$9JPCK@JBA#;R#+;>a#1535O#

(13)

!;DQ=K=BJPC# 9=<A@J@#;R#-)-#*A@BCD@#J9#BHC#($#!;L9BKJC@# 73c 'JBJ]=J9C9#jO4#A33"-3 10 9$"6013$3 :(,"+(' ;#15/3 S9:;3T< A@/$#$2", (3+$@"+$10 14 +8( $@/"2+ 14 " "@1#( "225#"+( @("35#(@(0+ 14 15+/"+$(0+ /#1'52+$10 10 813/$+", (44$2$(02- "0' /#1'52+$UR $+-4#%=BJ;9=<#&9@BJBLBC#R;K#WC=<BH#=9>#^C<R=KC4#WC<@J9]J4#/J9<=9>4#1535O# ^W,#)CSJ;9=<#,RRJMC#R;K#(LK;QC#WC=<BH#R;K# <<#>=B=I=@C4#FL9C#155dO# # # !"#$" %&$'(#() *

!%1$+'G$ M$*'*/'+$+.!N$+')*.G#'&$,+- 2*ON'$0 G)P*G0%!N!&+- 2B* $+$,'G$*#!%QN+$N G$*.-.&)"QN*0%1*

^#:;<@MC#@A@BCD#FC>9;K;>9AMH#?KLQ#:=MeC9BfT#EF?:G#a;@B=p#TQK;T=>a;9A#3#<JQM=#155N#K;X ]LO# %;TAD# @Q;@;ICD# K;a<JMaCr# a;@B=p# ;IevBA# Q;IAB# Q=MeC9B=# T# @aQJB=<LO# *A@BCD# F?:# T# :;<@MC# a;@B=p#T#@T;eCe#QJCKT;B9Ce#Q;@B=MJ#QKaCevBA#a#D;>C<L#IKABAe@]JCS;4#MH;MJ=w#T#MJxSL#9JCM=pCS;#K;]L# RL9]Me;9;T=9J=#a9=Ma9JC#CT;<L;T=p#J#D;w9=#La9=y4#wC#Q;<@]=#TCK@e=#W)?#eC@B#;>KvI9AD#D;>CX <CD# T# K=D=MH# @A@BCDfT# -)?O# :;# K=a# QJCKT@aA# @A@BCD# -)?# a;@B=p# TQK;T=>a;9A# T# *B=9=MH# .eC>9;Ma;9AMH# T# K;]L# 3[N7# E$9JTCK@ABCB# T# \=<CG# T# QLI<JMa9AD# @A@BCDJC# 0C>JM=KCO# ,ICM9JC# -)?# ;I;TJxaLeC# T# TJv]@a;qMJ# ]K=efT# $9JJ# (LK;QCe@]JCeO# ?pfT9AD# MC<CD# =KBA]LpL# eC@B# =9=<Ja=# TQpATL#9;TCS;#@A@BCDL#K;a<JMa=9J=#];@aBfT#Q=MeC9B=#9=#Q;aJ;D#RJ9=9@;T=9J=#qTJ=>MaCr#;QJC]J# a>K;T;B9Ce# ;K=a# 9=# Q;QK=Tv# T@]=z9J]fT# >;BAMaxMAMH# CRC]BAT9;qMJ# a=Kax>a=9J=# T# ;MHK;9JC# a>K;TJ=# @Q;pCMaCr@BT=O# KBA]Lp# T@]=aLeC# KfT9JCw# 9=# QK;I<CDA# TA9J]=exMC# a# TQK;T=>aC9J=# 9;TCS;#@A@BCDL#;Q=KBCS;#9=#IL>;TJC#H;D;SC9JMa9AMH#SKLQ#Q=MeC9BfTO#?KLQA#BC#@x#TA;>KvI9J;X 9C#Q;>#TaS<v>CD#>J=S9;aA#SpfT9Ce4#>J=S9;aA#T@QfpJ@B9JCexMCe4#QpMJ#J#TJC]LO## 0JD;4#wC#eC@B#B;#eC>C9#a#9=e9;T;MaCq9JCe@aAMH#@A@BCDfT#K;a<JMaC9J;TAMH#T#a=]KC@JC#;MHK;X 9A#a>K;TJ=#B;#9JC@BCBA#Q;@J=>=#KfT9JCw# T=>AO#FC>9AD#a#9=eJ@B;B9JCe@aAMH#QK;I<CDfT4#]BfKA#eC@B# ICaQ;qKC>9JD#@]LB]JCD#TQK;T=>aC9J=#-)?#eC@B#;>CeqMJC#;>#<CMaC9J=#];DQ<C]@;TCS;#Q=MeC9B=#9=# KaCMa#TAIK=9Ce#E9=e>K;w@aCeG#QK;MC>LKA#DC>AMa9CeO# .R?>8*STU9V?><:*RJ9=9@;T=9JC#qTJ=>MaCr#;QJC]J#a>K;T;B9Ce4#FC>9;K;>9C#?KLQA#:=MeC9BfT4# CRC]BAT9C#a=Kax>a=9JC#@A@BCDCD#;MHK;9A#a>K;TJ=O# # # #

Cytaty

Powiązane dokumenty

Pocz¹tki dzia³alnoœci obchodz¹cego obecnie jubileusz 60-lecia Instytutu siê- gaj¹ 1950 roku. Tworzy siê Instytut Uprawy Nawo¿enia i Gleboznawstwa, zwany w dalszym ci¹gu

If Azerbaijan policy-makers achieve the effective use of funds for agricultural purposes – preferential credits and direct and indirect subsidies, as intended, agriculture

Naukowcy powinni więc znajdować funk- cjonalne ekwiwalenty reguł (norm prawnych) w obcych systemach prawnych, których zastosowanie w tamtym obcym systemie powoduje podobne

Profesor Stanisław Liszewski był twórcą nowego tytułu „Turyzm” w ramach zeszytów naukowych „Acta Universitatis Lodziensis”, którego pierwszy zeszyt ukazał się

This agreement under the name of Junts pel Si was officially declared on 20 July; it was made between Artur Mas – the current Prime Minister and leader of CDC, Oriol Junqueras,

This profound pedagogical crisis has been fully related to nowa day’s problem of the ethical and social preparation of teachers, trainers and participants of Combat Sports and

Campos (1990) in his book “Capoeira na escola” (Capoeira in the school), presents a proposal of implementation of capoeira as sportive and educational activity,

In some cases (e.g. Opole, Białystok, Wrocław and Lublin), this was due to close proximity of areas inhabited by a non- Polish population, in others (Łódź) it reflected