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Yefjc}`{g ]`{~`le`@fg Iac{l~`f [`cn
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Yiagdg / NKYY!]cye{ [ey Igf~{cl%
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33
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]@[^B@LE@YEFJQ][GYY NGRGL@]DGF^Y
Iac{l~`f [gyengfigy, ;3 Lwqw{u A`wygyM @fg Iac{l~`f [`cn
^ag ngyejf efi`{}`{c~gy ~`~cl }{erciu, re~cle~u,cfn flu ~ag befgy~ i`db`{~y ze~a e~y i`f~gd}`{c{uy~ulg i`d}lgdgf~gn ze~a c lc} }` l, ilwka`wyg,
cfn jud ~ac~ }{`d`~g be~fgyy cfn zgllfgyy& E~ eyzag{g c lwqw{e wylu {glcqefj {g~{gc~ fggn f`~ kgc {c{g `iicye f kw~ lergn `w~ cy c j{c~ebuefj cfnefy}e{efj lebgy~ulg&
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]@[^B@LE@YEFJQ][GYY NGRGL@]DGF^Y
Iac{l~`f [gyengfigy, }{gre`wylu of`zf cy B`a]ef Dcfye`f ey yg{gfglu ye~wc~gn ef 3 Iac{l~`f
[`cn, Yefjc}`{g 7957>1 cden j{ggf cfn }gcigwlyw{{`wfny& ^ag ney~{ei~ 35 {gga`ln ngrgl`}dgf~ eyic~gj`{exgn cy Ilwy~g{ A`wyefj ze~a ;3 y~{c~c wfe~ycfn ey gy~edc~gn ~` kg i`d}lg~gn ef ~ag ugc{ ;=39&
^ag ngyejf efi`{}`{c~gy ~`~cl }{erciu, re~cle~u, cfn`flu ~ag efgy~ i`d`{~y ze~a e~y i`f~gd}`{c{uy~ulg i`d}lgdgf~gn ze~a c lc} }``l, ilwka`wyg,cfn jud ~ac~ }{`d`~g e~fgyy cfn zgllfgyy& E~ey zag{g c lwqw{e`wylu {glcqefj {g~{gc~ fggn f`~
kg c {c{g `iicye`f kw~ lergn `w~ cy c j{c~euefjcfn efy}e{efj legy~ulg& Iac{l~`f [gyengfigy cly`
`g{y gqigllgf~ y}cig cfn geiegf~ wfe~ lcu`w~ `{
jgfg{cllu kejjg{ cdelegy& Be~~gn ze~a aeja swcle~u
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e~~efjy, e~ }{`rengy nzgllg{y ze~a dcqedwd y~ulgcfn i`frgfegfig& ^ag ngrgl`}dgf~ ey `flu c 7 defzclo ~` O`rcf D[^, Agc{~lcfn Dcll cfn O`rcfIe~u cfn c 37$defw~g n{erg ~` @{iac{n ya`}}efj
kgl~ cfn ~ag IKN !igf~{cl kwyefgyy ney~{ei~% c{gc&E~y ciigyyekele~u ~` dch`{ gq}{gyyzcuy, ~ag reiefe~ue~ yac{gy ze~a rc{e`wy cdgfe~egy, cfn e~y }{erciucfn i`d`{~ dcog e~ cf engcl {gyengfig ` ia`eig`{ cdelegy& Cll ~agyg }`ye~erglu efneic~g ~agngrgl`}dgf~y aeja }`~gf~ecl `{ j``n {gf~cl uegln
cfn ic}e~cl c}}{giec~e`f&
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YefjQ}{gyy Lcfn L~nCffwcl [g}`{~ ;=33
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]@[^B@LE@YEFJQ][GYY NGRGL@]DGF^Y
YefjQ}{gyy Dcfye fyk{efjy }g`}lg ~``}~edwd ie~u lerefjcfn kgu`fn&
YefjQ}{gyy Dcfye`fy k{gc~agy ie~u lerefj& L`ic~gn c~
;97 Kclgy~eg{ [`cn, ~ag `ln Zcln`{ Dcfye`fy zcyi`d}lg~gn ef 3553 cy cf 33$``{ c}c{~dgf~& ^aey{gyengf~ecl }{`}g{~u ey y``f ~` kg {gngrgl`}gn ef~`c d`ng{f ;=$y~`{gu, 7= {gga`ln$c}c{~dgf~ gnebigfgy~lgn ze~aef ~ag reiefe~u ` i`frgfegfig, }lgcyw{g,
cfn fgigyye~egy& Cy e~ ey ef il`yg }{`qede~u ~` ; dch`{gq}{gyyzcuy ]EG cfn I^G ze~a fgejak`w{efjcdgfe~egy leog ya`}}efj igf~{gy, yw}g{dc{og~y,``n cfn gf~g{~cefdgf~ gy~ckleyadgf~y, cy zgllcy }{gy~eje`wy yia``ly ywia cy A`fj Zgf Yia``l,Y~ H`yg}ay Efy~e~w~e`f !hwfe`{% cfn Kgfngdgg{
Ygi`fnc{u Yia``l, YefjQ}{gyy Dcfye`fy k{efjy}g`}lg ~` `}~edwd ie~u lerefj cfn kgu`fn&
C ;=$y~`{gu lwqw{e`wy i`fn`defewd }{`hgi~
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]@[^B@LE@YEFJQ][GYY EFRGY^DGF^Y
I`d}lg~gn ef ;==5, Y`w~akcfo c 55$ugc{
lgcyga`ln i`fn`defewd l`ic~gn c~ 113$119F`{~a K{enjg [`cn, Yefjc}`{g ey c }lcig zag{g~ag yg{gfg fc~w{g, ~ag y}c{olefj ie~u, cfn ~agiwl~w{g awk i`frg{jg& Y`w~akcfo i`d}{eygy ` 3,; " 9 kgn{``dy cfn 9 }gf~a`wygy ef c 35:$wfe~
{gyengf~ecl kl`io cfn c yg}c{c~g 2=$wfe~ Y@A@kl`io& ^ag Y@A@ wfe~y i`dg ef yefjlg$y~`{gu aejaigelefj wfe~ `{ c nw}lgq& Cy Y@A@ wfe~y cll`z nwclwygy, ~agu c{g ngyejfgn ze~a rg{yc~ele~u zag{g ~ag`zfg{ acy ~ag {ggn`d ` y~ulefj e~ `{ a`dg `{z`{o `{ k`~a& E~y D[^ cfn effg{$ie~u l`ic~e`f ze~a
ygcdlgyy i`ffgi~e`f ~` Dc{efc ]{`dgfcng cfnOcllcfj [erg{, e~y k{gc~a~coefj regzy ` {erg{ ~`~ag ygc, cfn e~y }lcig ef c ney~{ei~ ellgn ze~a c{~y,cicngdei, y}`{~y cfn iwl~w{cl {eiafgyy dcog e~ ci`frgfegf~ legy~ulg cfn fc~w{g$kcygn {gyengfig
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YefjQ}{gyy Lcfn L~nCffwcl [g}`{~ ;=33
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zg {gigf~lu z`f ~ag ken c~ c}}`qedc~glu.Y3;9&5D b`{ c NKYY }{ hgi~ ~ kg ngrgl }gn
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]@[^B@LE@NGYEJF, KWELN " YGLL YIAGDG / NKYY
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]@[^B@LE@NGYEJF, KWELN " YGLL YIAGDG / NKYY
Ze~a ~ag n``{ ~` i{gc~efj ngyejfg{ a`dgy `{ ~ag}wklei `}gfgn ~a{`wja ~ag A`wyefj " Ngrgl`}dgf~K`c{ny NKYY !Ngyejf, Kweln, cfn Ygll Yiagdg%, zg jcef`}}`{~wfe~u ~` k{efj `w{ gq}g{~eyg cfn yg{reigy c{~ag{cfn zeng{ ~` ~ag lc{jg Yefjc}`{gcf }wklei a`wyefjdc{og~& ^aey }{`j{cd cll`zy }{erc~g ngrgl`}g{y ~`i`llck`{c~g ze~a ANK ~` k{`cngf ~ag dc{og~y `}~e`fycfn dgg~ ~age{ j{`zefj fggny&
NKYY a`dgy c{g `g{gn `{ yclg wfng{ yedelc{ glejekele~u{wlgy cy fgz ANK !A`wyefj " Ngrgl`}dgf~ K`c{n%a`dgy& ^agyg i`fne~e`fy efilwng ie~exgfyae}, cjg, cdelufwilgwy, efi`dg igelefj cfn }cy~ `{ iw{{gf~ `zfg{yae}ef `~ag{ }wklei `{ }{erc~g }{`}g{~u& Be{y~$~edg kwug{yza` c{g glejeklg {gigerg icya cfn efcfiefj ywkyenegycfn c{g cll`zgn ~` w~elexg ~age{ }gfye`f yiagdg ~`cyyey~ ze~a ~age{ gswe~u }cudgf~y& Ngdcfn ey `~gfkcygn `f cf efnerenwcly ~edefj ze~a {gy}gi~ ~` dgg~efj~ag i{e~g{ec, cfn }{`}g{~u l`ic~e`fy c{g `~gf n{ergf ku}g{y`fcl ie{iwdy~cfigy cfn ney~cfig ~` ~ag D[^& Cy c
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YefjQ}{gyy Ngrgl`}dgf~y
C{~e y~y Ed}{ gyye`f
YefjQ}{gyy Lcfn L~nCffwcl [g}`{~ ;=33
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]@[^B@LE@A@FJ O@FJ EFRGY^DGF^Y
A`fj O`fj ]{`}g{~u Efrgy~dgf~y
^ag I`d}cfu acy kgjwf kwelnefj c }`{~`le` `
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^[CIO [GI@[N @B ][@HGI^Y I@D]LG^GNKU Q][GYY J[@W] @RG[ 7= UGC[Y
A`fj O`fj
A`wyefj Gy~c~gy cfn A`dg @zfg{yae}
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Ia`e Zcf Gy~c~g I`ddwfe~u Igf~{g, A`fj O`fj
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YefjQ}{gyy Lcfn L~nCffwcl [g}`{~ ;=33
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I{gc~efj youlefg dcy~g{}egigy ey c i`llgi~erg g`{~& Ze~a ~aey }w{ywe~,zg ngrgl`} cfn y~{gfj~agf `w{ {glc~e`fyae}y ze~a `w{ }c{~fg{y cfni`$reye`fc{egy za`yg n{gcdy cfn }{efie}lgy i`d}lgdgf~ cfn gfacfig`w{y& ^agyg yac{gn j`cly cfn y~{`fj k`fn ` yw}}`{~ w{~ag{ gd}`zg{wy ~` i`fy~cf~lu nglerg{ `w{ kgy~&
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YefjQ}{gyy Lcfn L~nCffwcl [g}`{~ ;=33
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K@C[N @B NE[GI^@[Y "YGFE@[ DCFCJGDGF^
IACF AGFJ BCE
J{`w} Gqgiw~erg Iace{dcf
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I@[]@[C^G J@RG[FCFIG
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y~{c~gjei ne{gi~e`fy cfn zell cly` kg w}nc~gn `f dch`{ grgf~y `b ~ag I`d}cfu& ^ag I`d}cfu zell, eb fgigyyc{u,
`{jcfeyg k{egbefj ygyye`fy `{ ie{iwlc~g dgd`{cfnc ~` ~ag Ne{gi~`{y ~` gfcklg ~agd ~` ogg} }cig ze~a {gjwlc~`{uiacfjgy&
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F` efneencl `{ ydcll j{`} `b efneencly ya`ln kg cll`zgn ~` n`defc~g ~ag K`c{nyngieye`f dcoefj&
^ag K`c{n i`fyey~y `b yeq Ne{gi~`{y cfn ~ag K`c{n ey `b ~ag regz ~ac~ ~ag iw{{gf~ k`c{n yexg ey c}}{`}{ec~g, ~coefj
ef~` cii`wf~ ~ag fc~w{g cfn yi`}g `b ~ag I`d}cfuy `}g{c~e`fy& ^ag K`c{ny }{gygf~ i`d}`ye~e`f cfn kclcfig
i`d}{eygy ~z` efng}gfngf~ Ne{gi~`{y, dcoefj w} `fg$~ae{n `b ~ag K`c{n, ~z` f`f$gqgiw~erg Ne{gi~`{y cfn ~z`
gqgiw~erg Ne{gi~`{y& ^ag `khgi~erg hwnjgdgf~ `b ~ag efng}gfngf~ cfn f`f$gqgiw~erg Ne{gi~`{y `f i`{}`{c~g
cbbce{y cfn ~age{ i`llgi~erg gq}g{egfig cfn i`f~{ekw~e`fy c{g efrclwcklg ~` ~ag I`d}cfu&
^ag K`c{n dgdkg{y i`d}{eyg kwyefgyydgf cfn }{`bgyye`fcly ze~a cii`wf~efj cfn befcfiecl kcioj{`wfn cfn
kwyefgyydcfcjgdgf~ gq}g{egfig, cll `b za`d cy c j{`w}, }{`rengy ~ag K`c{n ze~a ~ag fgigyyc{u gq}g{egfig
cfn gq}g{~eyg ~` ne{gi~ cfn lgcn ~ag J{`w}8
Iacf Agfj Bce $ J{`w} Gqgiw~erg Iace{dcf
Iacf `fj Zcf $ Gqgiw~erg Ne{gi~`{
Iacf U`og Og`z $ F`f$Gqgiw~erg Ne{gi~`{
Iacf wfj D`g $ F`f$Gqgiw~erg Ne{gi~`{
@fj Kgfj Oag`fj $ Lgcn Efng}gfngf~ Ne{gi~`{ !C}}`ef~gn `f 3: Bgk{wc{u ;=33%
Z`fj c~ Ogwfj $ Efng}gfngf~ Ne{gi~`{ !C}}`ef~gn `f ;1 Hwlu ;==5%
Nc [`xc H`c` ]cwl` $ Efng}gfngf~ Ne{gi~`{ !Ngdeygn `f 32 Dcu ;=33%
Iace{dcf cfn Dcfcjefj Ne{gi~`{
]{efie}lg 9 ^ag{g ya`ln kg c ilgc{ neeye`f `b {gy}`fyekele~egy c~ ~ag ~`} `b ~ag i`d}cfu ~ag z`{oefj`b ~ag K`c{n cfn ~ag gqgi~eg {gy}`fyekele~u `b ~ag i`d}cfuy kyefgyy zaeia zell gfy{gc kclcfig `b }`zg{ cfn c~a`{e~u, yia ~ac~ f` `fg efneencl {g}{gygf~y c i`fyeng{cklgi`figf~{c~e`f `b }`zg{&
Iw{{gf~lu, D{ Iacf Agfj Bce ey `w{ J{`w} Gqgiw~erg Iace{dcf& ^ag J{`w} Gqgiw~erg Iace{dcf, za` acy
gq}g{egfig ef dcfcjefj ley~gn i`d}cfegy cfn ef ~ag dg{iacf~ kcfoefj ygi~`{, yg~y ~ag y~{c~gjei ne{gi~e`fy b`{
~ag ngrgl`}dgf~ `b ~ag J{`w}y kwyefgyygy&
YefjQ}{gyy Lcfn L~nCffwcl [g}`{~ ;=33
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^` }{`reng c ilgc{ nereye`f `b {gy}`fyekele~egy c~ ~ag ~`} `b ~ag I`d}cfu cfn gfyw{g c kclcfig `b }`zg{ `b
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I`d}cfu ze~a gbbgi~ b{`d 3: Bgk{wc{u ;=33& D{& @fj ey dgcf~ ~` kg cf crgfwg b`{ ~ag def`{e~u yac{ga`lng{y
zag{g ~agu acrg i`fig{fy zaeia i`f~ci~ ~a{`wja ~ag f`{dcl iacffgly `b ~ag Iace{dcf acy bcelgn ~` {gy`lrg `{
b`{ zaeia ywia i`f~ci~ ey efc}}{`}{ec~g&
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gfjcjg ~ag cyyey~cfig `b D{& Ug` Zgg Oe`fj cy c kwyefgyy cnreyg{ b`{ cf efe~ecl 9$ugc{ ~g{d cfn ~` c}}`ef~D{ Ug` Zgg Oe`fj cy f`f$gqgiw~erg iace{dcf cy cf efneic~e`f `b aey i`dde~dgf~ ~` ~ag I`d}cfu& W}`f D{&
Ug`y c}}`ef~dgf~ cy ~ag f`f$gqgiw~erg iace{dcf `b ~ag K`c{n, D{ Iacf Agfj Bce, ~ag iw{{gf~ Iace{dcf `b
~ag K`c{n, zell kg {g$ngyejfc~gn cy ~ag Dcfcjefj Ne{gi~`{ `b ~ag I`d}cfu& ^ag Dcfcjefj Ne{gi~`{ b`iwygy aey
c~~gf~e`f `f ~ag ncu$~`$ncu {wffefj `b ~ag `}g{c~e`fy cfn cly` gfyw{gy efb`{dc~e`f bl`z kg~zggf Dcfcjgdgf~
cfn ~ag K`c{n&
K`c{n Dgdkg{yae}
]{efie}lg > ^ag{g ya`ln kg c b`{dcl cfn ~{cfy}c{gf~ }{`igyy b`{ ~ag c}}`ef~dgf~ `b fgz ne{gi~`{y ~`~ag K`c{n&
^ag F`defc~efj I`dde~~gg !FI% i`d}{eygy ~a{gg Ne{gi~`{y, ~ag dch`{e~u `b za`d, efilwnefj ~ag iace{dcf,
c{g efng}gfngf~ Ne{gi~`{y8
@fj Kgfj Oag`fj !C}}`ef~gn `f 3: Bgk{wc{u ;=33% !Iace{dcf%
Z`fj ^c~ Ogwfj
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^ag FI ey {gjwlc~gn ku c yg~ `b z{e~~gf ^g{dy `b [gbg{gfig cfn e~y ogu bwfi~e`fy efilwng8
!c% ^` {gregz ~ag y~{wi~w{g, yexg cfn i`d}`ye~e`f `b ~ag K`c{n cfn ~` dcog {gi`ddgfnc~e`fy ~` ~ag K`c{n
ze~a{gjc{ny~`cfucnhwy~dgf~~`~agy~{wi~w{gcfnyexg~ac~c{gnggdgnfgigyyc{u?!k% ^` dcog {gi`ddgfnc~e`fy ~` ~ag K`c{n `f cll K`c{n c}}`ef~dgf~y cfn {g$c}}`ef~dgf~y, acrefj {gjc{n
~`gciaefnerenwclne{gi~`{yi`f~{ekw~e`fcfn}g{b`{dcfig?
!i% ^`ng~g{defg~agi{e~g{ecb {engf~ebuefjicfnenc~gycfn~ {gregzf`defc~e`fyb`{fgzc}}`ef~dgf~y?
!n% ^` {gregz cfn ~` ng~g{defg `f cf cffwcl kcyey ~ag efng}gfngfig `b gcia efng}gfngf~ f`f$gqgiw~erg
ne{gi~`{?
!g% ^` ng~g{defg}{`}`yg ~ag `khgi~erg }g{b`{dcfig i{e~g{ec b`{ ~ag K`c{ny c}}{`rcl cfn ~` {gregz ~ag
K`c{ny}g{b`{dcfigef~g{dy`b~ag}g{b`{dcfigi{e~g{ec?cfn
!b% ^` i`fnwi~ c b`{dcl cyygyydgf~ `b ~ag gbbgi~ergfgyy `b ~ag K`c{n cy c za`lg cfn ~ag i`f~{ekw~e`f ku
gcia ne{gi~`{ ~` ~ag gbbgi~ergfgyy `b ~ag K`c{n, }c{~eiwlc{lu zagf c ne{gi~`{ yg{rgy `f dwl~e}lg k`c{ny&
Ef cii`{ncfig ze~a ~ag I`d}cfuy C{~eilgy `b Cyy`iec~e`f, cll Ne{gi~`{y gqig}~ ~ag Dcfcjefj Ne{gi~`{ c{g{gswe{gn ~` {g~e{g c~ lgcy~ `fig ef grg{u ~a{gg ugc{y ku {`~c~e`f cfn cll fgzlu c}}`ef~gn Ne{gi~`{y zell acrg
~` {g~e{g c~ ~ag fgq~ Cffwcl Jgfg{cl Dgg~efj !CJD% b`ll`zefj ~age{ c}}`ef~dgf~& ^ag {g~e{efj Ne{gi~`{y c{g
glejeklg ~` `bbg{ ~agdyglrgy b`{ {g$glgi~e`f& ^ag FI acy {gi`ddgfngn ~ag f`defc~e`f `b ~ag ~a{gg Ne{gi~`{y, D{
Iacf Agfj Bce, D{ Iacf ^wfj D`g cfn D{ @fj Kgfj Oag`fj {g~e{efj c~ ~aey b`{~ai`defj CJD b`{ {g$glgi~e`f,
zaeia acy kggf ciig}~gn ku ~ag K`c{n&
^ag FI acy cyygyygn ~ag efng}gfngfig `b ~ag efng}gfngf~ f`f$gqgiw~erg Ne{gi~`{y cfn ey yc~eybegn ~ac~ ~ag{g
c{g f` {glc~e`fyae}y ~ac~ z`wln nggd cfu `b ~ag efng}gfngf~ f`f$gqgiw~erg Ne{gi~`{y f`~ ~` kg efng}gfngf~&
Ogu efb`{dc~e`f `f Ne{gi~`{y `b ~ag I`d}cfu icf kg b`wfn `f ]cjg ;; `b ~aey Cffwcl [g}`{~&
I{gc~efj Klg}{ef~y @b Gqigllgfig
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cfn i`f~{ekw~e`fy nw{efj K`c{n dgg~efjy& ^ag }g{b`{dcfig grclwc~e`f i{e~g{ec efilwng cf grclwc~e`f `b ~agi`d}`ye~e`f cfn yexg `b ~ag K`c{n, ~ag K`c{ny ciigyy ~` i`d}lg~g, cngswc~g cfn ~edglu efb`{dc~e`f, K`c{n
}{`igyygy cfn cii`wf~ckele~u&
^ag FI zell {gregz ~ag {cfjg `b yoelly, gq}g{~eyg, c~~{ekw~gy cfn i`d}`ye~e`f `b ~ag K`c{n& E~ ey ~ag {gy}`fyekele~u
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^ag K`c{n ey b ~ag regz ~ac~ ~ag befcfiecl efneic~`{y yg~ w~ ef ~ag I`ng cy }g{b`{dcfig i{e~g{ec b`{ ~ag grclwc~e`f
`b Ne{gi~`{y }g{b`{dcfig c{g d`{g c dgcyw{g `b dcfcjgdgf~y }g{b`{dcfig cfn agfig lgyy c}}{`}{ec~g b`{f`f$gqgiw~erg Ne{gi~`{y cfn ~ag K`c{ny }g{b`{dcfig cy c za`lg&
Ciigyy ~` Efb`{dc~e`f
]{efie}lg 2 Ef `{ng{ ~` blbel ~age{ {gy}`fyekele~egy, K`c{n dgdkg{y ya`ln kg }{`engn ze~a i`d}lg~g,
cngc~g cfn ~edglu efb`{dc~e`f }{e`{ ~` k`c{n dgg~efjy cfn `f cf `fj`efj kcyey&
^ag K`c{n ey bw{feyagn ze~a ng~celgn efb`{dc~e`f i`fig{fefj ~ag J{`w} b{`d ~edg ~` ~edg, ~` gfcklg ~ag K`c{n
~` bwlbel e~y {gy}`fyekele~egy cfn ~` kg bwllu i`jfexcf~ `b ~ag ngieye`fy cfn ci~e`fy `b ~ag J{`w}y gqgiw~erg
dcfcjgdgf~& Cll ~ag Ne{gi~`{y acrg wf{gy~{ei~gn ciigyy ~` ~ag I`d}cfuy {gi`{ny cfn efb`{dc~e`f& K`c{n
}c}g{y c{g }{g}c{gn b`{ gcia dgg~efj `b ~ag K`c{n cfn efilwng ywbbeiegf~ efb`{dc~e`f b{`d Dcfcjgdgf~ `fbefcfiecl, kwyefgyy cfn i`{}`{c~g eyywgy ~` gfcklg ~ag Ne{gi~`{y ~` kg }{`}g{lu k{egbgn `f eyywgy ~` kg i`fyeng{gn
c~ K`c{n dgg~efjy& ^ag efng}gfngf~ Ne{gi~`{y acrg ciigyy ~` cll lgrgly `b ygfe`{ gqgiw~ergy ef ~ag J{`w} cfn c{g
gfi`w{cjgn ~` y}gco ~` `~ag{ gd}l`uggy ~` yggo cnne~e`fcl efb`{dc~e`f eb ~agu y` {gswe{g&
Ya`wln ~ag Ne{gi~`{y, zag~ag{ cy c j{`w} `{ efnerenwcllu, fggn efng}gfngf~ }{`bgyye`fcl cnreig, ~ag I`d}cfu
zell, w}`f ne{gi~e`f ku ~ag K`c{n, c}}`ef~ c }{`bgyye`fcl cnrey`{ yglgi~gn ku ~ag j{`w} `{ ~ag efnerenwcl ~`
{gfng{ ~ag cnreig&
^ag K`c{n acy yg}c{c~g cfn efng}gfngf~ ciigyy ~` ~ag I`d}cfu Ygi{g~c{u cfn ~` `~ag{ ygfe`{ dcfcjgdgf~
gqgiw~ergy `b ~ag I`d}cfu cfn `b ~ag J{`w} c~ cll ~edgy ef ic{{uefj `w~ ~age{ nw~egy& ^ag I`d}cfu Ygi{g~c{u
}{`rengy ~ag K`c{n ze~a {gjwlc{ w}nc~gy `f ~ag {gswe{gdgf~y `b ~ag I`d}cfegy Ci~ cfn cll `~ag{ {wlgy cfn{gjwlc~e`fy `b ~ag Ley~efj Dcfwcl Ygi~e`f K8 [wlgy `b Ic~cley~ `b ~ag YJQ$Y^ !~ag Ic~cley~ [wlgy%& Defw~gy `b
cll K`c{n I`dde~~gg dgg~efjy c{g ie{iwlc~gn ~` ~ag K`c{n&
YefjQ}{gyy Lcfn L~nCffwcl [g}`{~ ;=33
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c{g efng}gfngf~ Ne{gi~`{y8
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kg efr`lrgn ef ngienefj aey `zf {gdwfg{c~e`f& F`f$gqgiw~erg Ne{gi~`{y c{g }cen Ne{gi~`{y bggy cffwcllu `f
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cly` gfyw{gy ~ac~ ~ag }g{b`{dcfig${glc~gn glgdgf~y `b {gdwfg{c~e`f ya`wln kg ngyejfgn ~` clejf ef~g{gy~y `b
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@fj Kgfj Oag`fj !c}}`ef~gn `f 3: Bgk{wc{u ;=33%
Z`fj ^c~ Ogwfj
C[[CFJGDGF^Y ^@ GFCKLG NE[GI^@[Y ^@ CIswE[G YAC[GY CFN NGKGF^w[GY
Fge~ag{ c~ ~ag gfn `b f`{ c~ cfu ~edg nw{efj ~ag befcfiecl }g{e`n zcy ~ag I`d}cfu c }c{~u ~` cfu c{{cfjgdgf~za`yg `khgi~ zcy ~` gfcklg ~ag ne{gi~`{y `b ~ag I`d}cfu ~` ciswe{g kgfgbe~y ku dgcfy `b ~ag cisweye~e`f `b
yac{gy ef, `{ ngkgf~w{gy `b ~ag I`d}cfu `{ cfu `~ag{ k`nu i`{}`{c~g&
NE[GI^@[Y EF^G[GY^Y EF YAC[GY CFN NGKGF^w[GY
Cii`{nefj ~` ~ag {gjey~g{ `b ne{gi~`{y yac{ga`lnefjy, f`fg `b ~ag ne{gi~`{y a`lnefj `bbeig c~ ~ag gfn `b ~ag
befcfiecl }g{e`n acn cfu ef~g{gy~ ef ~ag yac{g ic}e~cl b ~ag I`d}cfu cfn {glc~gn i`{}`{c~e`fy, gqig}~ cy b`ll`zy8
A`lnefjy {gjey~g{gn ef fcdg
`b ne{gi~`{ `{ f`defgg
A`lnefjy ef zaeia c ne{gi~`{ ey
nggdgn ~` acg cf ef~g{gy~C~
93 Dc{ia ;=33
C~
3 Hcfwc{u ;=3=
C~
93 Dc{ia ;=33
C~
3 Hcfwc{u ;=3=
=== === === ===
^ag I`d}cfu
!F`& b {nefc{u yac{gy%
Iacf Agfj Bce $ ;99,311 5=,37:
Iacf U`og Og`z $ ;99,311 5=,37:
!F`& b i`frg{~eklg k`fny%
Iacf Agfj Bce $ 39,;95,2:: $
Iacf U`og Og`z $ 39,;95,2:: $
Ku re{~wg `b Ygi~e`f : `b ~ag Yefjc}`{g I`d}cfegy Ci~, Ic}& 7=, Iacf Agfj Bce cfn Iacf U`og Og`z c{g nggdgn
~` acrg ef~g{gy~y ef yac{gy `b ~ag ywkyenec{egy agln ku ~ag I`d}cfu&
^ag ne{gi~`{y ef~g{gy~y ef ~ag `{nefc{u yac{gy cfn ngkgf~w{g `b ~ag I`d}cfu cy c~ ;3 C}{el ;=33 zg{g ~ag ycdg
cy ~a`yg c~ 93 Dc{ia ;=33&
Gqig}~ cy neyil`ygn ef ~aey {g}`{~, f` ne{gi~`{ za` agln `bbeig c~ ~ag gfn `b ~ag befcfiecl }g{e`n acn ef~g{gy~y ef
yac{gy, yac{g `}~e`fy, zc{{cf~y `{ ngkgf~w{gy `b ~ag I`d}cfu, { `b {glc~gn i`{}`{c~e`fy ge~ag{ c~ ~ag kgjeffefj`b ~ag befcfiecl }g{e`n, `{ nc~g `b c}}`ef~dgf~ eb lc~g{, `{ c~ ~ag gfn `b ~ag befcfiecl }g{e`n&
I{gc~efj Klg}{ef~y @b Gqigllgfig
92
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NE[GI^@[Y
[G]@[^ B`{ ~ag befcfiecl }g{e n gfngn 93 Dc{ia ;=33
NE[GI^@[Y I@F^[CI^wCL KGFGBE^Y
Yefig ~ag gfn `b ~ag }{gre`wy befcfiecl ugc{, f` ne{gi~`{ acy {gigergn `{ kgi`dg gf~e~lgn ~` {gigerg c kgfgbe~ ku
{gcy`f `b c i`f~{ci~ dcng ku ~ag I`d}cfu `{ c {glc~gn i`{}`{c~e`f ze~a ~ag ne{gi~`{ `{ ze~a c be{d `b zaeia
ag ey c dgdkg{ `{ ze~a c i`d}cfu ef zaeia ag acy c ywky~cf~ecl befcfiecl ef~g{gy~, gqig}~ cy neyil`ygn ef ~ag
cii`d}cfuefj befcfiecl y~c~gdgf~y cfn ef ~aey {g}`{~, cfn gqig}~ ~ac~ D{ Iacf Agfj Bce acy cf gd}l`udgf~
{glc~e`fyae} ze~a ~ag I`d}cfu, acy {gigergn {gdwfg{c~e`f ef ~ac~ ic}cie~u&
YAC[G @]^E@FY
^ag{g zg{g f` `}~e`fy j{cf~gn nw{efj ~ag befcfiecl }g{e`n ~` ywkyi{ekg b`{ wfeyywgn yac{gy `b ~ag I`d}cfu&
F` yac{gy acrg kggf eyywgn nw{efj ~ag befcfiecl }g{e`n ku re{~wg `b ~ag gqg{ieyg `b `}~e`fy ~` ~cog w} wfeyywgn
yac{gy `b ~ag I`d}cfu&
^ag{g zg{g f` wfeyywgn yac{gy `b ~ag I`d}cfu wfng{ `}~e`f c~ ~ag gfn `b ~ag befcfiecl }g{e`n&
CwNE^ I@DDE^^GG
^ag cwne~ i`dde~~gg !CI% ic{{egn `w~ e~y bwfi~e`fy ef cii`{ncfig ze~a Ygi~e`f ;=3K!7% `b ~ag Yefjc}`{g
I`d}cfegy Ci~, Ic}& 7=, efilwnefj ~ag b`ll`zefj8
[gregzy~agcwne~ }lcfy`b ~aggq~g{fclcwne~`{y`b~agI`d}cfucfn gfyw{gy~agcngswciu`b~ag
I`d}cfuy yuy~gd `b cii`wf~efj i`f~{`ly cfn ~ag cyyey~cfig jergf ku ~ag I`d}cfuy dcfcjgdgf~ ~`
~aggq~g{fclcwne~`{y?
[gregzy~agcffwclbefcfiecly~c~gdgf~ycfn~agcwne~`{y{g}`{~`f~agcffwclbefcfiecly~c~gdgf~y`b
~agI`d}cfukgb`{g~age{ywkdeyye`f~`~agK`c{n`bNe{gi~`{y?
[gregzygbbgi~ergfgyy`b~agI`d}cfuydc~g{eclef~g{fcli`f~{ ly,efilwnefjbefcfiecl,`}g{c~e`fclcfn
i`d}lecfigi`f~{`lycfn{eyodcfcjgdgf~?
Dgg~yze~a~aggq~g{fclcwne~`{y, ~ag{i`dde~~ggy,cfndcfcjgdgf~efyg}c{c~ggqgiw~ergygyye`fy~`
neyiwyycfudc~~g{y~ac~~agygj{`w}ykglegrgya`wlnkgneyiwyygn}{erc~gluze~a~agCI?
[gregzy lgjcl cfn{gjwlc~`{udc~~g{y~ac~dcuacrg cdc~g{ecl ed}ci~`f~agbefcfiecly~c~gdgf~y,
{glc~gni`d}lecfig}`leiegycfn}{`j{cddgycfncfu{g}`{~y{gigergnb{`d{gjwlc~`{y?
[gregzy~agi`y~gbbgi~ergfgyycfn~agefng}gfngfigcfn`khgi~ere~u b~aggq~g{fclcwne~`{y?
[gregzy~agfc~w{gcfngq~gf~`bf`f$cwne~yg{reigy}{`rengnku~aggq~g{fclcwne~`{y?
[gi`ddgfny~`~agK`c{n bNe{gi~ {y~aggq~g{fclcwne~`{y~`kgf`defc~gn,c}}{`rgy~agi`d}gfyc~e`f
`b~aggq~g{fclcwne~`{y,cfn{gregzy~agyi`}gcfn{gywl~y`b~agcwne~?
[g}`{~yci~e`fycfndefw~gy`b~agCI~`~agK`c{n bNe{gi~`{yze~aywia{gi`ddgfnc~e fycy~agCI
i`fyeng{yc}}{`}{ec~g?cfn
[gregzyef~g{gy~gn}g{y`f~{cfyci~e`fyefcii`{ncfigze~a~ag{gswe{gdgf~y b~agYefjc} {gGqiacfjg
Ygiw{e~egy ^{cnefj Lede~gny Ley~efj Dcfwcl&
YefjQ}{gyy Lcfn L~nCffwcl [g}`{~ ;=33
9:
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NE[GI^@[Y
[G]@[^ B`{ ~ag befcfiecl }g{e n gfngn 93 Dc{ia ;=33
CwNE^ I@DDE^^GG !i`f~efwgn%
^ag I`d}cfu n`gy f`~ gfjcjg ~ag gq~g{fcl cwne~`{y, Dgyy{y Cwne~ Cllecfig, b`{ f`f$cwne~ yg{reigy, ~ag{gb`{g
~ag{g c{g f` f`f$cwne~ bgg }cen ~` ~ag gq~g{fcl cwne~`{y& ^ag CI acy {gregzgn ~ag efng}gfngfig `b ~ag gq~g{fcl
cwne~`{y& ^ag CI acy cly` i`fnwi~gn c {gregz `b ef~g{gy~gn }g{y`f ~{cfyci~e`fy&
^ag CI i`frgfgn ~z` dgg~efjy nw{efj ~ag ugc{ ze~a bwll c~~gfncfig b{`d cll dgdkg{y&
Bw{~ag{ ng~cely {gjc{nefj ~ag cwne~ i`dde~~gg c{g neyil`ygn ef ~ag [g}`{~ `f I`{}`{c~g J`rg{fcfig&
EFNG]GFNGF^ CwNE^@[
^ag efng}gfngf~ cwne~`{, Cne~ Cllecfig, acy gq}{gyygn e~y zellefjfgyy ~` ciig}~ {g$c}}`ef~dgf~&
@f kgaclb `b ~ag K`c{n `b Ne{gi~`{y
Iacf Agfj Bce
Ne{gi~`{
Iacf ^`fj Zcf
Ne{gi~`{
Nc~g8 ;= Hwfg ;=33
I{gc~efj Klg}{ef~y @b Gqigllgfig
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Y^C^GDGF^
KU NE[GI^@[Y B`{ ~ag befcfiecl }g{e n gfngn 93 Dc{ia ;=33
Ef ~ag `}efe`f `b ~ag ne{gi~`{y,
!c% ^ag kclcfig yagg~ `b ~ag I`d}cfu cfn ~ag i`fy`lenc~gn befcfiecl y~c~gdgf~y b ~ag J{`w} cy yg~ w~ `f
}cjgy >3 ~` 5; c{g n{czf w} y` cy ~` jerg c ~{wg cfn bce{ regz `b ~ag y~c~g `b cbbce{y `b ~ag I`d}cfu cfn
`b ~ag J{`w} cy c~ 93 Dc{ia ;=33 cfn `b ~ag {gywl~y `b ~ag kwyefgyy, iacfjgy ef gswe~u cfn icya bl`zy `b
~agJ{`w}b`{~agbefcfiecl}g{e`n~agfgfngn?cfn
!k% c~ ~ag nc~g `b ~aey y~c~gdgf~, ~ag{g c{g {gcy`fcklg j{`wfny ~` kglegrg ~ac~ ~ag I`d}cfu zell kg cklg ~`}cu e~y ngk~y cy cfn zagf ~agu bcll nwg&
@f kgaclb `b ~ag K`c{n `b Ne{gi~`{y
Iacf Agfj Bce
Ne{gi~`{
Iacf `fj Zcf
Ne{gi~`{
Nc~g8 ;= Hwfg ;=33
YefjQ}{gyy Lcfn L~nCffwcl [g}`{~ ;=33
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EFNG]GFNGF CWNE @[Y [G]@[^
^@ AG DGDKG[Y @B YEFJQ][GYY LCFN L N
[g}`{~ `f ~ag Befcfiecl Y~c~gdgf~y
Zg acrg cwne~gn ~ag cii`d}cfuefj befcfiecl y~c~gdgf~y `b YefjQ}{gyy Lcfn L~n !~ag I`d}cfu% cfn e~yywkyenec{egy !~ag J{`w}% yg~ `w~ `f }cjgy >3 ~` 5;, zaeia i`d}{eyg ~ag i`fy`lenc~gn kclcfig yagg~ `b ~agJ{`w} cfn kclcfig yagg~ b ~ag I`d}cfu cy c~ 93 Dc{ia ;=33, cfn ~ag i`fy`lenc~gn y~c~gdgf~ b i`d}{gagfyergefi`dg, ~ag i`fy`lenc~gn y~c~gdgf~ `b iacfjgy ef gswe~u cfn ~ag i`fy`lenc~gn y~c~gdgf~ `b icya bl`zy `b~ag J{`w} b`{ ~ag befcfiecl }g{e`n ~agf gfngn, cfn c ywddc{u `b yejfebeicf~ cii`wf~efj }`leiegy cfn `~ag{gq}lcfc~`{u efb`{dc~e`f&
Dcfcjgdgf~y [gy}`fyekele~u b`{ ~ag Befcfiecl Y~c~gdgf~y
Dcfcjgdgf~ ey {gy}`fyeklg b`{ ~ag }{g}c{c~e`f `b befcfiecl y~c~gdgf~y ~ac~ jerg c ~{wg cfn bce{ regz efcii`{ncfig ze~a ~ag }{`reye`fy `b ~ag Yefjc}`{g I`d}cfegy Ci~, Ic}& 7= !~ag Ci~% cfn Yefjc}`{g Befcfiecl[g}`{~efj Y~cfnc{ny, cfn b`{ ngreyefj cfn dcef~cefefj c yuy~gd `b ef~g{fcl cii`wf~efj i`f~{`ly ywbbeiegf~ ~`}{`rengc{gcy`fcklgcyyw{cfig~ac~cyyg~yc{gycbgjwc{ngncjcefy~l`yyb{`dwfcw~a`{eygnwyg`{ney}`ye~e`f?cfn ~{cfyci~e`fy c{g }{`}g{lu cw~a`{eygn cfn ~ac~ ~agu c{g {gi`{ngn cy fgigyyc{u ~` }g{de~ ~ag }{g}c{c~e`f `b~{wg cfn bce{ }{`be~ cfn l`yy cii`wf~y cfn kclcfig yagg~y cfn ~` dcef~cef cii`wf~ckele~u `b cyyg~y&
Cwne~ `{y [gy}`fyekele~u
@w{ {gy}`fyekele~u ey ~` gq}{gyy cf `}efe`f `f ~agyg befcfiecl y~c~gdgf~y kcygn `f `w{ cwne~& Zg i`fnwi~gn`w{ cwne~ ef cii`{ncfig ze~a Yefjc}`{g Y~cfnc{ny `f Cwne~efj& ^a`yg Y~cfnc{ny {gswe{g ~ac~ zg i`d}lu ze~ag~aeicl {gswe{gdgf~y cfn }lcf cfn }g{b`{d ~ag cwne~ ~` `k~cef {gcy`fcklg cyyw{cfig cy ~` zag~ag{ ~ag befcfiecly~c~gdgf~y c{g b{gg b{`d dc~g{ecl deyy~c~gdgf~&
Cf cwne~ efr`lrgy }g{b`{defj }{`ignw{gy ~` `k~cef cwne~ grengfig ck`w~ ~ag cd`wf~y cfn neyil`yw{gy ef ~agbefcfiecl y~c~gdgf~y& ^ag }{`ignw{gy yglgi~gn ng}gfn `f ~ag cwne~`{y hwnjgdgf~, efilwnefj ~ag cyygyydgf~ `b~ag {eyoy `b dc~g{ecl deyy~c~gdgf~ `b ~ag befcfiecl y~c~gdgf~y, zag~ag{ nwg ~` b{cwn `{ g{{`{& Ef dcoefj ~a`yg{eyo cyygyydgf~y, ~ag cwne~`{ i`fyeng{y ef~g{fcl i`f~{`l {glgrcf~ ~` ~ag gf~e~u y }{g}c{c~e`f cfn bce{ }{gygf~c~e`f`b ~ag befcfiecl y~c~gdgf~y ef `{ng{ ~` ngyejf cwne~ }{`ignw{gy ~ac~ c{g c}}{`}{ec~g ef ~ag ie{iwdy~cfigy, kw~f`~ b`{ ~ag }w{}`yg `b gq}{gyyefj cf `}efe`f `f ~ag gbbgi~ergfgyy `b ~ag gf~e~uy ef~g{fcl i`f~{`l& Cf cwne~cly` efilwngy grclwc~efj ~ag c}}{`}{ec~gfgyy `b cii`wf~efj }`leiegy wygn cfn ~ag {gcy`fcklgfgyy `b cii`wf~efj
gy~edc~gy dcng ku dcfcjgdgf~, cy zgll cy grclwc~efj ~ag `rg{cll }{gygf~c~e`f `b ~ag befcfiecl y~c~gdgf~y&
Zg kglegrg ~ac~ ~ag cwne~ grengfig zg acrg `k~cefgn ey ywbbeiegf~ cfn c}}{`}{ec~g ~` }{`reng c kcyey b`{ `w{cwne~ `}efe`f&
@}efe`fEf `w{ `}efe`f, ~ag i`fy`lenc~gn befcfiecl y~c~gdgf~y `b ~ag J{`w} cfn ~ag kclcfig yagg~ `b ~ag I`d}cfu c{g}{`}g{lu n{czf w} ef cii`{ncfig ze~a ~ag }{`reye`fy `b ~ag Ci~ cfn Yefjc}`{g Befcfiecl [g}`{~efj Y~cfnc{ny y`cy ~` jerg c ~{wg cfn bce{ regz `b ~ag y~c~g `b cbbce{y `b ~ag J{`w} cfn `b ~ag I`d}cfu cy c~ 93 Dc{ia ;=33, cfn~ag {gywl~y, iacfjgy ef gswe~u cfn icya bl`zy `b ~ag J{`w} b`{ ~ag befcfiecl }g{e`n gfngn `f ~ac~ nc~g&
[g}`{~ `f @~ag{ Lgjcl cfn [gjwlc~`{u [gswe{gdgf~y
Ef `w{ `}efe`f, ~ag cii`wf~efj cfn `~ag{ {gi`{ny {gswe{gn ku ~ag Ci~ ~` kg og}~ ku ~ag I`d}cfu cfn ku ~a`ygywkyenec{egy efi`{}`{c~gn ef Yefjc}`{g `b zaeia zg c{g ~ag cwne~`{, acrg kggf }{`}g{lu og}~ ef cii`{ncfig ze~a~ag }{`reye`fy `b ~ag Ci~&
CwNE^ CLLECFIG]wklei Cii`wf~cf~y cfn Ig{~ebegn ]wklei Cii`wf~cf~y
Yefjc}`{g,
Nc~g8 ;= Hwfg ;=33
I{gc~efj Klg}{ef~y @b Gqigllgfig
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I@FY@LENC^GN Y^C^GDGF^@B I@D][GAGFYERG EFI@DG B`{ ~ag befcfiecl }g{e n gfngn 93 Dc{ia ;=33
F`~g3 Hcfc{u
;=3=3 Hcfwc{u
;==5
~` ~`
93 Dc{ia;=33
93 Ngigdkg{;==5
.=== .===
[grgfwg > ;,5>5 95>
I`y~ `b yclgy ;,;2: $
J{`yy }{`be~ 21; 95>
@~ag{ `}g{c~efj efi`dg 7 3,3>2 :=
Bce{ rclwg l`yy `f befcfiecl cyyg~y c~ bce{ rclwg ~a{`wja }{`be~ `{ l`yy 3>7 !>7%
Bce{ rclwg jcef `f efrgy~dgf~ }{`}g{~egy 9,>;> $
Cndefey~{c~erg gq}gfygy ;,;=9 !:59%
]{`be~/l`yy b{`d }g{c~e`fy ;,5=> !9:>%
Befcfig i`y~y >5: $
]{`be~/l`yy kgb`{g efi`dg ~cq 2 ;,>=: !9:>%
Efi`dg ~cq gq}gfyg 1!c% :21 !3%
]{`be~/l`yy b{`d i`f~efefj }g{c~e`fy 3,295 !9:7%
Neyi`f~efgn `}g{c~e`f
L`yy b{`d c neyi`f~efwgn `}g{c~e`f >: !12;%
^`~cl }{`be~/l`yy b`{ ~ag }g{e`n/ugc{ 3,75; !3,;9:%
@~ag{ i`d}{gagfyeg efi`dg8
Iw{{gfiu ~{cfylc~e`f nebbg{gfigy c{eyefj b{`d i`fy`lenc~e`f 3=: ;79
@~ag{ i`d}{gagfyeg efi`dg fg~ b ~cq 3=: ;79
^`~cl i`d}{gagfyeg efi`dg/l`yy b`{ ~ag }g{e`n/ugc{c~~{ek~cklg ~` yac{ga`lng{y 3,255 !51>%
Gc{fefjy/l`yy }g{ yac{g c~~{ek~cklg ~` ge~u a`lng{y`b ~ag I`d}cfu igf~y }g{ yac{g
Kcyei 5 =&79 !=&>7%
Nelw~gn 5 =&;7 !=&>7%
^ag cii`d}cfuefj f`~gy b`{d cf ef~gj{cl }c{~ `b ~agyg befcfiecl y~c~gdgf~y&
YefjQ}{gyy Lcfn L~nCffwcl [g}`{~ ;=33
>3
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Y^C^GDGF^Y @B
BEFCFIECL ]@YE^E@F Cy c~ 93 Dc{ia ;=33
J{`} I`d}cfu
93 Dc{ia;=33
93 Ngigdkg{;==5
93 Dc{ia;=33
93 Ngigdkg{;==5
F`~g .=== .=== .=== .===
CYYG^Y
I{{gf~ cyyg~y
Icya cfn icya gswerclgf~y 3= >,91: 9,7=1 9,7>; 9,9;3^{cng cfn `~ag{ {gigercklgy, ng}`ye~y
cfn }{g}cudgf~y 33 ;,>:7 >9: 3;,52: ;1
Befcfiecl cyyg~y c~ bce{ rclwg ~a{`wja}{`be~ cfn l`yy 3; 9 9,91= 9 9,91=
]{`}g{~egy wfng{ ngrgl`}dgf~ 39 ;9,=23 $ $
;5,5;2 :,9;7 32,73; 2,:;5
F`fi{{gf~ cyyg~y
Efrgy~dgf~ }{`}g{~egy 3> ;9,727 $ $
]lcf~ cfn gswe}dgf~ 37 11 ;: 3= 35
Efrgy~dgf~ ef ywkyenec{egy 32 $ 3,:== $
;9,279 ;: 3,:3= 35
^`~cl cyyg~y 79,7:5 :,97; 31,;;; 2,:>1
LECKELE^EGY
I{{gf~ leckele~egy
^{cng cfn ~ag{ }cucklgy 3: 9,311 9,:3; 37: ;,1>5
K`{{`zefjy 31 :92 $ $
9,5;> 9,:3; 37: ;,1>5
F`fi{{gf~ leckele~egyK`{{`zefjy 31 97,31: $ :,17> $
Ngbg{{gn efi`dg ~cq leckele~egy 1!i% :>> $ $
97,593 $ :,17> $
^`~cl leckele~egy 95,177 9,:3; 1,=33 ;,1>5
FG^ CYYG^Y 39,:;> 9,2>= 3=,;33 9,155
GswE^U
Ic}e~cl cfn {gyg{gy c~~{ek~cklg ~`
ge~u a`lng{y `b ~ag I`d}cfuYac{g ic}e~cl ;= ;>,5:> ;3,5:> ;>,5:> ;3,5:>
Ciiwdwlc~gn l`yygy 3:,=9> !31,2;2% 35,1>1 !31,=:7%
@~ag{ {gyg{rgy ;3 7,>1> ;5; 7,=17 $
39,>;> 9,2>= 3=,;33 9,155
F`fi`f~{`llefj ef~g{gy~y 9== $ $
^`~cl ge~u 39,:;> 9,2>= 3=,;33 9,155
^ag cii`d}cfuefj f`~gy b`{d cf ef~gj{cl }c{~ `b ~agyg befcfiecl y~c~gdgf~y&
I{gc~efj Klg}{ef~y @b Gqigllgfig
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Y^C^GDGF @B
IACFJGY EF GSWE U B`{ ~ag befcfiecl }g{e n gfngn 93 Dc{ia ;=33
C~~{ekw~cklg~`gswe~ua`lng{y`b~agI`d}cfu
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>9
8/2/2019 SingXpress Land Ltd 2011 Annual Report
46/108
8/2/2019 SingXpress Land Ltd 2011 Annual Report
47/108
I@FY@LENC^GN Y^C^GDGF^
@B ICYA BL@ZY B`{ ~ag befcfiecl }g{e n gfngn 93 Dc{ia ;=33
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>7
8/2/2019 SingXpress Land Ltd 2011 Annual Report
48/108
I@FY@LENC^GN Y^C^GDGF^
@B ICYA BL@ZY B`{ ~ag befcfiecl }g{e n gfngn 93 Dc{ia ;=33
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