Stock Fonction

7/23/2019 Stock Fonction

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GAUVKNO FAU UVNEHU


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:Gauvkno fa pznfqevkno

Gauvkno fau uvnehu

Ma uvneh av uau lnoevknou

mau pnmkvksqau fa gauvkno fau uvnehu 2 njbaevklu- enovzckovau avfekuknou

sqamsqau infmau emcuuksqau fa gauvkno fau uvnehu sqcovkv enoniksqa fa eniicofa zaenipmvaiaov ecmaofckza gauvkno pnkov fa eniicofa


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5Gauvkno fa pznfqevkno

Mau fkllzaovu v{pau fa uvneh

Ao lnoevkno fa mc ocvqza Uvneh fa pznfqkvu lkoku Uvneh fa pznfqkvu uaik)lkoku Uvneh fa icvkza pzaikza Uvneh fa ickovaocoea Uvneh fnqvkmu

Ao lnoevkno fa maqzu fauvkocvkno Uvneh cllaev $nq zuaz|+ Uvneh eniiqo


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Mau fkllzaovu v{pau fa uvneh


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Ocvqza fa uvneh

Uvneh uqjk Azzaqzu fau pz|kuknou fa mc faicofa Pznfqevkno pcz mnvu Fkllzaoea fa z{vdia fa in{aou fa pznfqevkno Cmcu fa lnoevknooaiaov fq pzneauuqu fa pznfqevkno

Uvneh |nqmq Pznfqevkno covkekpa

)Mnog fmck eniicofa mk|zckuno )Ok|amaz mau lmqevqcvknou fa mc faicofa

)Enipaouaz mau kzzgqmczkvu fcou mc gauvkno fa mc lcjzkecvkno- enovzma-vzcoupnzv

Uvneh fa pzecqvkno pnqz mau pcooau fau icedkoau Uvneh f mc pznfqevkno fqo mnv fa gzcofa vckmma


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7/547Gauvkno fa pznfqevkno

Lnoevknou cuuqzau pcz ma uvneh

Zgqmaov mau cmcu fau lmqtfa lnqzokvqzauPaziavvaov mc pznfqevkno pczmnvu $zfqkv mau envu fa

pznfqevkno+Paziavvaov m qvkmkucvknozgqmkza fa mc I/f N/

Paziavvaov fa lckza lcea fau faicofau uckunookzauFcou mau u{uviauicoqlcevqzkazu mau uvnehu f ao enqzu paziavvaov falckza lcea cqt zkusqau fa

pcooa fau icedkoau


8/544Gauvkno fa pznfqevkno

V{pau fa uvneh

Uvneh fcovkekpcvkno

No pczma fa uvneh fcovkekpcvkno edcsqa lnku sqa mno |aqvcovkekpaz qoa faicofa lqvqza/ Ea ecu auv u{uvicvksqa sqcof mafmck fa lcjzkecvkno auv pmqu mnog sqa ma fmck cvvaofq pcz ma emkaov-no qvkmkua fcou ea ecu fau pz|kuknou/

Uvneh fa lmqevqcvkno

Eauv qo uvneh sqa mno eza pnqz enq|zkz mc |czkcjkmkv fcou mcfaicofa nq fcou ma fmck/ Uk mc faicofa nq ma fmck fa mk|zckunounov pmqu gzcofu sqa ea sqa mno c pz|q- no zkusqa fc|nkz fauzqpvqzau fcou mc enouniicvkno/ Mc lkgqza 5 pzuaova ma uedicvdnzksqa fa m|nmqvkno fq |nmqia uvneh 8 onqu za|kaofznouqmvzkaqzaiaov uqz ea pnkov- mnzusqa onqu cjnzfaznou ma ecmeqm fquvneh fa ueqzkv/


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;Gauvkno fa pznfqevkno

Ma uvneh fcovkekpcvkno


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|nmqvkno fq |nmqia uvneh

No paqv ukvqaz fau uvnehu fa pznvaevkno enovza mc

lmqevqcvkno fkllzaovu ok|acqt fq pzneauuqu fapznfqevkno- cquuk jkao ao fjqv av enoeazoaz faupznfqkvu cedavu- sq mc lko av enoeazoaz maupznfqkvu lkoku pnqz cuuqzaz ma uaz|kea emkaov/ Kmupaq|aov aoenza edcogaz faofznkv ao lnoevkno fqlckv sqa ma emkaov ukipmksqa pmqu nq inkou mnko fcouma pzneauuqu- eauv ma enoeapv fa pazunoocmkucvkno

av fa pnkov fa fenqpmcga


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V{pau fa uvneh

Uvneh f mc vckmma fau mnvu

Unq|aov ma uaz|kea cedcv cppzn|kuknooa fau czvkemau ao sqcovkv pmqu gzcofa sqa easqkm auv uvzkevaiaov oeauuckza/ No pczma fa sqcovkv enoniksqa- fa sqcovkv

pnqz zcjcku/// Eavva vaedoksqa uazv cmnzu zfqkza mau lzcku fatpfkvkno- npvkikuaz mcllzvaiaov- zfqkza mau envu fa mcoeaiaov ao lcjzkecvkno/

Uvneh fa vzcoupnzvEa uvneh atkuva ecqua fq fmck oeauuckza pnqz vzcoupnzvaz fau czvkemau fqo

aofznkv qo cqvza ucou zqpvqza fa vzc|ckm ok mc unqzea ok cq mkaq fa mk|zckuno/Uvneh fa enq|azvqza

Eazvckou pznfqkvu pczvkeqmkazu paq|aov uqjkz fau cmcu fqu cqt |czkcvknou mkau cq

iczed nq cqt enofkvknou emkicvksqau- pcz ataipma ma gzcko pnqz mcgzkeqmvqza-ma jnku nq eazvckou cekazu upekcqt pnqz mau kofquvzkau fa vzcoulnzicvkno/ Maupzkt fa eau pznfqkvu paq|aov cmnzu lmqevqaz fa icokza kipnzvcova av ckoukpaq|aov enofqkza fau cevk|kvu fa upeqmcvkno/


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3:Gauvkno fa pznfqevkno

Lnoevkno Uvneh

Lnoevkno Uvneh 9 Uqk|k fa uvneh ( Gauvkno fa uvneh Uqk|k fa uvneh

Enoocvza vnqv iniaov mau czvkemau fkupnokjmau Uqk|k pd{uksqa

lnqzok mvcv fau uvnehu bnqz $ao onijza+ Zeapvkno- fmk|zcoea- vcv fa uvneh

Uqk|k enipvcjma Lnqzok mc |cmaqz fa mkiinjkmkucvkno lkocoekza Aovza ao uvneh- unzvka fq uvneh

Gauvkno fa uvneh Ucvkulckza- cq iniaov nppnzvqo- mc fkupnokjkmkv av mc

fmk|zcoea fau czvkemau pnqz mmcjnzcvkno fau pznfqkvu aoikokikucov maqz env fa fvaovkno


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Qvkmkv fq uvneh Zgqmaz ma pzneauuqu fa pznfqevkno

Fkikoqaz mau envu f'cppzn|kuknooaiaov

Pczaz fau poqzka

UpeqmazKoeno|okaovu

Zkgkfklkecvkno fa mc pznfqevkno

Cqgiaovcvkno fq fmck in{ao fa pznfqevkno

Kiinjkmkucvkno fa in{aou lkocoekazu kipnzvcovu

Kiinjkmkucvkno fa uqzlcea


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Lnoevkno Uvneh

EnovzckovauOno enoekfaoea fcou ma vaipu av fcou maupcea

fa mc pznfqevkno av fa mc enouniicvkno koeazvkvqfa fenqpmcga fau pznjmiau enonikau fedamma


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Ono enoekfaoea ///

Kipnuukjkmkv fa pznfqkza kouvcovcoiaov m av sqcof mcfaicofa ua icoklauva- av fcou mc jnooa sqcovkv

uvneh fa pznfqkvu lkoku ao cvvaova fa vzcoupnzv uvneh aovza faqt icedkoau oa vzc|ckmmcov pcu mc iia

|kvauua

uvneh cpzu qoa icedkoa uaz|cov faqt mkgoau

I3

I5

I:

I3 I:

310 p.d 300 p.d


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3


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Fenqpmcga fau pznjmiau

Pznpcgcvkno fau pazvqzjcvkno

cvamkazu enovzckovau fkllzaovau

lmatkjkmkv uqz mc lcjzkecvkno fq pznfqkv

I3 I:

mcikocgazaeqkv

lnofazkaUvneh fa

icvkzau pzaikzau


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Aenonikau fedamma

Cedcvu fa icvkzau pzaikzau ao gzcofa sqcovkv gcko uqz ma vzcoupnzv gcko uqz ma pzkt fcedcv

pznfqevkno pcz mnvu fcou ma ecu fa envu av.nq fa vaipu faedcogaiaov fa pznfqevkno uqz qoa mkgoa


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3;Gauvkno fa pznfqevkno

Gauvkno fau uvnehu

Ma uvneh av uau lnoevknou mau pnmkvksqau fa gauvkno fau uvneh2 njbaevklu- enovzckovau av

fekuknou

sqamsqau infmau emcuuksqau fa gauvkno fau uvnehu sqcovkv enoniksqa fa eniicofa zaenipmvaiaov ecmaofckza gauvkno pnkov fa eniicofa


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:0Gauvkno fa pznfqevkno

Mau pnmkvksqau fa gauvkno fau uvnehu

Mau envu mku cq uvnehcga

njbaevklu pnqzuqk|ku av enovzckovau zaupaevaz fekuknou pzaofza pnqz qoa jnooa gauvkno fau uvnehu


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Envu mku cq uvnehcga av cqt pznfqkvu uvnehu

Fenipnukvkno fau pzkoekpcqt envu Env fcedcv fq pznfqkv $cesqkukvkno+ 2 EC env fa pcuucvkno eniicofa $fa mcoeaiaov+ 2 EM env fa pnuuauukno 2 EP env fa zqpvqza 2 EZ Envu zamcvklu cqt edcogaiaovu fa ecpcekv


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::Gauvkno fa pznfqevkno

Env fa eniicofa

Cfikokuvzcvkl vzcoupnzv zeapvkno enovzma sqcmkv icgcukocga

Ea env auv pznpnzvknooam

cq onijza fa eniicofau

Eauv ma pzkt sqa mno pcka pnqz mcedcv fqo czvkema- km koemqv ma env fa mczvkema

mqk)iia av vnqu mau cqvzau envu fkzaevu cuuneku mc ikua fkupnukvkno faeamqk)ek fcou maovzapzkua $vzcoupnzv- cuuqzcoeau- vctau///+/ Pnqz qo czvkemalcjzksq- eau envu koemqaov mau envu icvkzau- fa icko)fnaq|za fkzaeva avmau lzcku gozcqt/


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Env fa pnuuauukno

In{ao fa uvnehcga

uqzlcea kouvcmmcvkno fa icoqvaovkno cuuqzcoeau

atkuvaoea fau uvnehu envu fnppnzvqokv

zkusqa fa fvzknzcvkno Njunmaueaoea

Ea env auv pznpnzvknooamcq onijza fa pznfqkvu ao

uvneh av cq vaipu fa

uvnehcga

Qo uvneh vcov qo ko|auvkuuaiaov- uc fvaovkno kipmksqa qo eazvcko envlkocoekaz/ Ea unov mau envu zamcvklu cq lckv fa gczfaz fau czvkemau ao uvnehpaofcov qo eazvcko vaipu/ Eau envu enipzaooaov faqt ecvgnzkau jkao

fkuvkoevau 2 mau edczgau lkocoekzau av mau lzcku fa icgcukocga/Kmu unov fnoe pznpnzvknooamu cqt |nmqiau uvnehu/ Pnqz ma ecmeqm fa eaqt)ek- nopzaof ao enipva mau lzcku kipqvcjmau cqt mnecqt- cq pazunooam- msqkpaiaov-cqt cuuqzcoeau- eazvckou kipvu- cqt pazvau av fvzknzcvknou/// Ao gozcm- noecmeqma qo vcqt fa pnuuauukno fa uvneh cooqam $k !+ pcz FDu fa icvzkam uvneh/


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Env fa zqpvqza

Czzv fa pznfqevknopazva fqo emkaovpocmkvu fa zavczfEa env auv unq|aov vzu fkllkekma |cmqaz

Ea env auv pznpnzvknooamcq onijza fa icosqcovnq mc fqza fa mc

poqzka nq qoaenijkockuno fau faqt

Qoa zqpvqza fa uvneh aovzcoa qoa fgzcfcvkno fa mkicga fa iczsqa famaovzapzkua- av fnoe qo zkusqa fa jckuua fq ok|acq fau |aovau lqvqzau/ Faqt ecuunov enoukfzaz- eamqk fau |aovau pazfqau av eamqk fau |aovau fkllzau/Fcou ma ecu fau |aovau pazfqau- ma env fa zqpvqza auv fcjnzf eamqk fqoaiczga jolkekckza pazfqa/

Fcou ma ecu fau |aovau fkllzau- ma env fa zqpvqza auv enouvkvq atemquk|aiaovfa pocmkvu/ Pcz ckmmaqzu- uk mc zqpvqza kovaz|kaov cq enqzu fq e{ema falcjzkecvkno- ma emkaov kovazoa $pnuva fa edczga c|cm+ ua vznq|azc ao edicgavaedoksqa / Mau fmcku- mau envu fa pznfqevkno- mnzgcokucvkno vnqv aovkza famcvamkaz ao uqjkznov fau enousqaoeau/


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Envu zamcvklu cqt edcogaiaovu fa ecpcekv

Eau envu unov kofqkvu pcz mau daqzau uqppmiaovckzau- mauaijcqedau ateapvknooammau fkovzkickzau- fau lnzicvknou

pczvkeqmkzau- fau sqkpau uqppmiaovckzau nq faumkeaoekaiaovu/

OJ/ Pczik eau ekos unzvau fa envu- eazvckou unov covcgnokuvau-eniia pcz ataipma mau envu fcesqkukvkno av fa pnuuauukno/ Pnqz qoaiia faicofa- uk no fkikoqa mc lzsqaoea fa eniicofa- nocqgiaovazc mau uvnehu fvaoqu/ Km auv fnoe |kfaov sqa m aoenza fauenipzniku fa|znov vza lckvu/ Km ucgkv fq ecmeqm fa mc sqcovkvenoniksqa fcppzn|kuknooaiaov sqk uazc f|amnpp qmvzkaqzaiaov


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:


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Njbaevklu av enovzckovau

Njbaevklu ikokikucvkno fqoa lnoevkno env

enovzckovau cjuaoea fa zqpvqza fa uvneh

vcqt fa uaz|kea cuuqzaz ao vaipu 2 T! fq vaipu- ba ucvkulcku vnqvau mau faicofau ao onijza 2 [! fau faicofau unov ucvkulckvau


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Mau pnmkvksqau fa gauvkno fau uvnehu

Mau envu mku cq uvnehcga njbaevklu pnqzuqk|ku av enovzckovau zaupaevaz fekuknou pzaofza pnqz qoa jnooa gauvkno fau uvnehu


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:;Gauvkno fa pznfqevkno

Fekuknou

:fekuknou pzkoekpcmau 2 Sqcof av Enijkao

:zpnouau pnuukjmau pnqz edcsqa fekukno

Sqcof pzknfa lkta $vnqu mau mqofku icvko+ pzknfa |czkcjma $sqcof ma uvneh auv vznp jcu+

Enijkao sqcovkv lkta $3000 qokvu edcsqa eniicofa+ sqcovkv |czkcjma $zaenipmvaiaov qo ok|acq fa uvneh fnoo+


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Pczcivzau fa mc GU

S 2 onijza fczvkemau cppzn|kuknoou ao qoa uaqma lnku Uu 2 uvneh fa ueqzkv ao|kucg pnqz eav czvkema PE 2 pnkov fa eniicofa FZ 2 fmck fa zcppzn|kuknooaiaov Ui 2 uvneh in{ao

Ui9Uu(S.:


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Pczcivzau fa mc GU

Zqpvqza fa uvneh Mnzusqa ma uvneh auvki auv kolzkaqz mc faicofa zamma Kipnuukjkmkv fa ucvkulckza qoa faicofa Mc sqcovkv ao uvneh auv cmnzu oqmma


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Sqamma gauvkno pnqz sqam pznfqkv

Ma ednkt fq v{pa fa gauvkno auv lnzvaiaov mk 2

|cmaqz fcedcv fa mc pkea

sqcovkv fa pkeau qvkmkuau pcz qokv fa vaipu uvcjkmkv nq ono fa mc faicofa ezkvkekv fa mc pkea


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\cmnzkucvkno fq uvneh

LKLN $PAPU+ Mc pzaikza qokv aovza auv eamma sqk unzv fq uvneh ao pzknzkv

MKLN Mc fazokza qokv aovza auv eamma sqk unzv fq uvneh ao pzknzkv

PIP nq EIQP edcsqa aovza ao uvneh ma PIP auv ecmeqm ao fk|kucov mc

onq|amma |cmaqz fq uvneh pcz mc sqcovkv vnvcma Fnickoa fqvkmkucvkno2 jacqenqp fczvkemau- czvkemau paq

envaqt- czvkemau unqiku fau uckunoocmkvu Env uvcofczf


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\cmnzkucvkno fq uvneh

Unkv2 Skv 2 onijza fczvkemau k aovzu ao uvneh cq iniaov v Ekv 2 env zam fa mczvkema k

Pkv 2 pnofzcvkno fa mczvkema k cedav cq iniaov v Mc sqcovkv vnvcma2


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Mau envu

Ecmeqm fq env fa pnuuauukno pnqz mc pzknfa

Ma env vnvcm fa pnuuauukno pnqz mc pzknfa

EP 9 Ui" v " Pq 9 $S . : ( Uu+ " v " Pq

Ecmeqm fq env fa mcoeaiaov pnqz mc pzknfaMa onijza fa mcoeaiaov pnqz mc pzknfa

Om9 O . SMa env vnvcm fa mcoeaiaov pnqz mc pzknfa

EM 9 Em " O . S

Ecmeqm fq env fcesqkukvkno

EC 9 O " Pq


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5


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Mau pzkoekpcmau uvzcvgkau

Pzknfa lkta Pzknfa |czkcjma

Sqcovkv lkta Sqcovkv enoniksqa

fa eniicofa

Gauvkno pnkov fa

eniicofa

Sqcovkv |czkcjma Zaenipmvaiaov

ecmaofckza

Pnmkvksqa iktva

zcppzn|kuknooaiaov

mc eniicofa


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Pnmkvksqa fa zcppzn|kuknooaiaov

Fcva lkta av sqcovkv lkta Czvkemau2

)enouniicvkno zgqmkza)lckjma |cmaqz)emcuua E

C|covcga 2 ukipmkekv fa mc gauvknoKoeno|okaovu 2 zkusqa fkolmcvkno nq fa zqpvqza fa uvneh


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Sqcovkv enoniksqa

Npvkikuaz ma fmck av ma pnkov fa eniicofa Njbaevkl

Vznq|az qo npvkiqi $sqcovkv enoniksqa+ aovza ma env famcoeaiaov nq fcppzn|kuknooaiaov av ma env fa pnuuauukno

$fa uvnehcga+ Onvcvknou

O 2 onijza fczvkemau enouniiu uqz mc pzknfa Pq 2 pzkt qokvckza fa mczvkema $pzkt fcedcv+

V 2 vcqt fa pnuuauukno fq uvneh in{ao Em 2 env qokvckza fcppzn|kuknooaiaov nq fa mcoeaiaov ao

lcjzkecvkno fa mczvkema


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Lnziqma fa Wkmuno

Njbaevkl Ikokikuaz ma env vnvcm

D{pnvduau ukipmklkecvzkeau

Mau envu unov pznpnzvknooamu cq onijza fczvkemau cedavu Km o{ c pcu fa poqzka Mc faicofa auv zgqmkza Mau envu fa uvnehcga av fa eniicofa nq mcoeaiaov unov

flkoku av enouvcovu


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Lnziqma fa Wkmuno

Ecmeqm fa mc sqcovkv enoniksqa 2 SaJqv 2 Vznq|az S vam sqa ea env vnvcm unkv ikokiqi2

S 9 Sa

Ecmeqm fq onijza npvkicm fa eniicofau fcou mc pzknfa2

On 9 O . Sa


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Fcva lkta av sqcovkv |czkcjma $ivdnfa fa

zaenipmvaiaov+ Czvkemau2

)enouniicvkno zgqmkza)envaqt- pzkuucjmau nq aoenijzcovu

C|covcga2) ukipmkekv fa mc gauvkno) kiinjkmkucvkno lkocoekza)

lckjma nq icvzkua Koeno|okaovu2) zkusqa fa zqpvqza fa uvneh

Oz 9 ok|acq fa zaenipmvaiaov


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Fcva |czkcjma av sqcovkv lkta $ivdnfa fq pnkov fa eniicofa+

Flkok fcou qo enoeapv BV ma ok|acq fa uvnehPnkov fa eniicofa

Czvkemau2 emcuua C

C|covcgau2)paziav f|kvaz mau zqpvqzau fa

uvneh)cfcpv qoa enouniicvkno

pczvkammaiaov kzzgqmkza

Koeno|okaovu2)kipnua qo uqk|k pazicoaov

fq uvneh)envu cfikokuvzcvklu kipnzvcovu


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Pnqz ua lktaz mau kfau

Sqamsqau ataipmau

Pkeau fa lckjma |cmaqz- qvkmkuau zgqmkzaiaov ao gzcofasqcovkv 2 Sqcovkv Aenoniksqa fa Eniicofa

pkeau fa |cmaqz in{aooa- qvkmkuau kzzgqmkzaiaov ao lckjmasqcovkv 2 zaenipmvaiaov ecmaofckza

pkeau fa |cmaqz lckjma- qvkmkuau kzzgqmkzaiaov ickuezkvksqa 2 gauvkno pnkov fa eniicofa

pkeau edzau- qvkmkuau kzzgqmkzaiaov 2 zcppzn|kuknooaiaov mc eniicofa


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6


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Mc ivdnfa CJE

Ezkvzau pnuukjmau Ezkvzau pd{uksqau2 aupce neeqp- icoqvaovknou- enouniicvknou pd{uksqau

fczvkemau

Ezkvzau fa |cmaqz2 pzkt qokvckza fau czvkemau- |cmaqz ao uvneh

Ezkvza emkaov

Pzkoekpa2 zaedazeda fq ezkvza fcocm{ua enzzaupnofcov mc emcuuklkecvkno fukza

emcuuklkecvkno fau czvkemau pcz |cmaqz feznkuucova fq ezkvza fcocm{ua

ecmeqm fau pnqzeaovcgau eqiqmu fq ezkvza fcocm{ua

vzceaz mc enqzja fau pnqzeaovcgau eqiqmu fq ezkvza fcocm{ua

kovazpzvcvkno av fvazikocvkno fau emcuuau fkipnzvcoea


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Ivdnfa CJE pnqz mau ecvgnzkau fa pkeau

Ataipma 2

k 3 : 5 6 1 < 7 4 ; 30

Tk :0000 31000 30000 4000 1000 6000 5000 3100 3000 100

k 2 kofkea fa mc pkeaTk 2 sqcovkv fa pkeau qvkmkuau fcou mcooa


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Njbaevklu av nzkgkoa fa mc ivdnfa

Zgma fau 40! ) :0! nq mnk fa Pczavn Npzaz qo emcuuaiaov fau pkeau ao vznku ecvgnzkau C- J av Epzkoekpa fa jcua fa mc ivdnfa

ednkt fqo ezkvza fcocm{ua $pcz ataipma mc enouniicvkno cooqamma+ emcuuaiaov pcz |cmaqz feznkuucova uniia eqiqma av zpczvkvkno fcou mau ecvgnzkau


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Unmqvkno uqz mataipma

Uqkva fa mataipma 2

k 3 : 5 6 1 < 7 4 ; 30

Tk :0000 31000 30000 4000 1000 6000 5000 3100 3000 100

Rk9 Tk :0000 51000 61000 15000 14000


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Mc ivdnfa CJE


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Mau ezkvzau

Ma ezkvzau pnuukjmau pnqz ma emcuuaiaov |cmaqz fq uvneh enouniicvkno cooqamma aupcea enounii

daqzau fa icoqvaovkno

Pnuukjkmkv fvcjmkz pmqukaqzu emcuuaiaovu

Eniiaov ednkukz ma nq mau jnou ezkvzau 2 enoockuucoea famaovzapzkua- jno uaou


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Vaedoksqau fko|aovckzauNo fkuvkogqa mko|aovckza cooqam av mko|aovckza vnqzocov/Mko|aovckza cooqam

Eamqk)ek auv vzu unq|aov qvkmku fq lckv fa mnjmkgcvkno fa zcmkuaz qo jkmcoenipvcjma cq inkou qoa lnku pcz co- fcou masqam ma enipva faukiinjkmkucvknou uvnehau cqzc v lckv/ Iia fcou ma ecu fqo uvneh gz pcznzfkocvaqz- km auv oeauuckza fa enolznovaz mko|aovckza kolnzicvksqa mc zcmkv-ao enipvcov mau sqcovkvu uvnehau/ Mko|aovckza cooqam c qo env ma|/ Mauzkusqau fazzaqzu kofqkvu pcz ea enipvcga qoksqa unov kipnzvcovu/

Mko|aovckza vnqzocovEauv mc vaedoksqa eniiqoiaov zaenooqa pnqz czzk|az mc pmqu gzcofa bquvauua

ao uvneh/ Cpzu emcuuklkecvkno fau czvkemau uamno maqz kipnzvcoea c|ae mcivdnfa CJE- no ednkukv qo pzaikaz czvkema fnov no lckv mko|aovckza/ Noenipcza eav ko|aovckza cq lkedkaz uvneh fa mc jcua fa fnooau av- ukm { c eczv-qoa pznefqza fcocm{ua fa ecquau av fa zunmqvkno fa pznjmiau auv ikua ao

naq|za pnqz { zaifkaz/ Sqcof ma pzneauuqu fa pzngzu zamcvkl cq pzaikazczvkema auv jkao aoemaoed- no zapznfqkv maouaijma fa mc ficzeda c|ae qofaqtkia czvkema/ No zapzaofzc qo faqtkia $ao|kzno vznku inku cpzu+- |nkzaqo vznkukia/ Eavva vaedoksqa paziav fc|nkz qoa iakmmaqza icvzkua avenoockuucoea fau uvnehu/ Amma ukouezkv fcou qoa mngksqa fa pzngzu pazicoaov


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GAUVKNO FAU UVNEHU

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