ࡱ> X'`bjbjLULU..?.?6666"7Uf8:::::l>,?teveveveveveve$Chhj>euA::AAe::fGGGA"::teGAteGG8[\:7 NX26D[`%f0Uf[jfF j(\j\0@>n@,G@$@0@0@0@eerG0@0@0@UfAAAA066 !>45@60=85  TOC \o "1-3" \h \z \u  HYPERLINK \l "_Toc324811553" 2545=85  PAGEREF _Toc324811553 \h 3  HYPERLINK \l "_Toc324811554" ;020 1. "5>@5B8G5A:85 >A=>2K C?@02;5=8O ?@54?@8=8<0B5;LA:8<8 @8A:0<8  PAGEREF _Toc324811554 \h 6  HYPERLINK \l "_Toc324811555" 1.1 !CI=>ABL, 284K 8 :@8B5@88 ?@54?@8=8<0B5;LA:>3> @8A:0  PAGEREF _Toc324811555 \h 6  HYPERLINK \l "_Toc324811556" 1.2 !?>A>1K >F5=:8 AB5?5=8 @8A:0  PAGEREF _Toc324811556 \h 12  HYPERLINK \l "_Toc324811557" 1.3 @30=870F8O @8A:-<5=546<5=B0 8 AB@0B5388 C?@02;5=8O ?@54?@8=8<0B5;LA:8<8 @8A:0<8  PAGEREF _Toc324811557 \h 17  HYPERLINK \l "_Toc324811558" ;020 2. =0;87 ?@54?@8=8<0B5;LA:8E @8A:>2 =0 ?@8<5@5  3@>25=B  PAGEREF _Toc324811558 \h 23  HYPERLINK \l "_Toc324811559" 2.1 @0B:0O E0@0:B5@8AB8:0  3@>25=B  PAGEREF _Toc324811559 \h 23  HYPERLINK \l "_Toc324811560" 2.2 F5=:0 ?@54?@8=8<0B5;LA:8E @8A:>2  3@>25=B =0 >A=>25 ?>:070B5;59 >BG5B=>AB8  PAGEREF _Toc324811560 \h 31  HYPERLINK \l "_Toc324811561" 2.3 =0;87 C?@02;5=8O ?@54?@8=8<0B5;LA:8<8 @8A:0<8  3@>25=B  PAGEREF _Toc324811561 \h 50  HYPERLINK \l "_Toc324811562" ;020 3. CB8 8 <5B>4K A=865=8O ?@54?@8=8<0B5;LA:8E @8A:>2  3@>25=B  PAGEREF _Toc324811562 \h 54  HYPERLINK \l "_Toc324811563" 3.1 KO2;5=85 ?CB59 C;CGH5=8O D8=0=A>2>3> A>AB>O=8O 8 ?@54>B2@0I5=85 10=:@>BAB20  PAGEREF _Toc324811563 \h 54  HYPERLINK \l "_Toc324811564" 3.2 5@K ?> A=865=8N ?@54?@8=8<0B5;LA:8E @8A:>2  PAGEREF _Toc324811564 \h 63  HYPERLINK \l "_Toc324811565" 3.3 F5=:0 MDD5:B82=>AB8 ?@54;>65==KE <5@>?@8OB89  PAGEREF _Toc324811565 \h 75  HYPERLINK \l "_Toc324811566" 0:;NG5=85  PAGEREF _Toc324811566 \h 78  HYPERLINK \l "_Toc324811567" 8B5@0BC@0  PAGEREF _Toc324811567 \h 83  HYPERLINK \l "_Toc324811568" @8;>65=8O  PAGEREF _Toc324811568 \h 87  2545=85 :BC0;L=>ABL B5<K 2K?CA:=>9 :20;8D8:0F8>==>9 @01>BK >1CA;>2;5=0 A;54CNI8<8 ?>;>65=8O<8. @54?@8=8<0B5;LA:0O 45OB5;L=>ABL 2 CA;>28OE @K=>G=>9 M:>=><8:8 A>?@O65=0 A ?@54?@8=8<0B5;LA:8< @8A:><, B.5. @8A:>< ?>;CG5=8O >B@8F0B5;L=>3> @57C;LB0B0. 5402=89 3;>10;L=K9 M:>=><8G5A:89 :@878A  >48= 87 >A=>2=KE D0:B>@>2, A?>A>1AB2>202H8E CA8;5=8N 2=8<0=8O : C?@02;5=8N @8A:0<8 2 >@30=870F8OE. 06=> >B<5B8BL: :><?0=88, 70=8<0NI85 ;845@A:85 ?>78F88 2 A2>59 >B@0A;8 ?>=8<0NB, GB> MDD5:B82=>ABL C?@02;5=8O @8A:0<8 2 ?@54?@8=8<0B5;LA:>9 ?@0:B8:5 C25;8G8205B 8E H0=A =0 CA?5H=>5 4>AB865=85 ?>AB02;5==KE F5;59. #?@02;5=85 @8A:0<8  MB> ?@>F5AA, :>B>@K9 <>65B 2 7=0G8B5;L=>9 AB5?5=8 A?>A>1AB2>20BL @50;870F88 ;CGH8E AB@0B538G5A:8E @5H5=89 ?>A@54AB2>< ?@028;L=>3> 8A?>;L7>20=8O 40==KE > @8A:0E. >6=> ?@8=OBL <5@K, :>B>@K5 ?><>3CB ;81> ?@54>B2@0B8BL =0ABC?;5=85 @8A:>2>3> A>1KB8O, ;81> CAB@0=8BL / >A;018BL 53> ?>A;54AB28O. @8=OB85 ?>4>1=KE <5@ ?>B@51C5B >B ?@54?@8=8<0B5;O @5AC@A=KE 70B@0B, B> 5ABL, 0=B8@8A:>2K5 <5@K 8<5NB >?@545;5==CN AB>8<>ABL. !G8B05BAO, GB> ;CGH55 8A?>;L7>20=85 40==KE > @8A:0E ?>72>;8B ?@0:B8:0< =09B8 2>7<>6=>AB8 4;O C25;8G5=8O MDD5:B82=>AB8 ?@>F5AA0 ?@8=OB8O @5H5=89. 7CG5=85 ?@>F5AA0 C?@02;5=8O @575@2>< =0 =5?@542845==K5 70B@0BK 83@05B >A=>2=CN @>;L 2 ?5@52>45 @8A:0 2 ?@81K;L. 8A:  MB> C3@>70 8;8 2>7<>6=>ABL, :>B>@0O <>65B ?>;>68B5;L=> 8;8 >B@8F0B5;L=> ?>2;8OBL =0 CA?5E :><?0=88. >;>68B5;L=K5 @57C;LB0BK  MB> 2>7<>6=>AB8, 0 >B@8F0B5;L=K5 @57C;LB0BK ?@82>4OB : ?>B5@O<. #?@02;5=85 @8A:0<8  >48= 87 206=59H8E ?@>F5AA>2 2 A8AB5<5 C?@02;5=8O :><?0=859. #?@02;5=85 @8A:0<8 405B 2>7<>6=>ABL A=878BL 25@>OB=>ABL =0ABC?;5=8O @8A:>2>3> A>1KB8O, ;81> CAB@0=8BL / >A;018BL 53> ?>A;54AB28O.  =0AB>OI55 2@5<O 2=54@5=85 A8AB5< @8A:-<5=546<5=B0 2 @>AA89A:8E :><?0=8OE O2;O5BAO :;NG52K< =0?@02;5=85< @0728B8O :>@?>@0B82=>3> C?@02;5=8O. #?@02;5=85 @8A:0<8 C25;8G8205B 25@>OB=>ABL 4>AB865=8O AB@0B538G5A:8E F5;59 :><?0=88, ?>2KH05B 55 @K=>G=CN AB>8<>ABL 8 O2;O5BAO >4=8< 87 2>7<>6=KE 8AB>G=8:>2 4>AB865=8O :>=:C@5=B=>3> ?@58<CI5AB20.  =0AB>OI59 @01>B5 ?@>2545= 0=0;87 M2>;NF88 8 ?@0:B8:8 ?@8<5=5=8O @8A:-<5=546<5=B0 =0 @>AA89A:8E ?@54?@8OB8OE. #?@02;5=85 @8A:0<8 4>;6=> 1KBL =5>BJ5<;5<K< M;5<5=B>< D8=0=A>2>9 AB@0B5388 8 B0:B8:8 >@30=870F88. 07@01>B:0 187=5A-?@>F5AA>2 A=865=8O @8A:>2 ?> DC=:F8O< D8=0=A>2>3> C?@02;5=8O 8 AD5@0< 45OB5;L=>AB8 >@30=870F88 45;05B 2>7<>6=K< >15A?5G8BL D8=0=A>2CN 157>?0A=>ABL ?@54?@8OB8O. 0 MB>9 >A=>25 8 2>7=8:05B =5>1E>48<>ABL 8AA;54>20=8O @8A:0 :0: >1J5:B0 D8=0=A>2>3> C?@02;5=8O 2 B5A=>9 2708<>A2O78 A B5=45=F8O<8 @0728B8O ?@54?@8OB8O. <5==> ?>MB><C C?@02;5=85 D8=0=A>2K<8 @8A:0<8, O2;O5BAO >4=>9 87 0:BC0;L=59H8E 7040G <5=546<5=B0. &5;LN 40==>9 2K?CA:=>9 :20;8D8:0F8>==>9 @01>BK O2;O5BAO 0=0;87 ?@54?@8=8<0B5;LA:8E @8A:>2 =0 ?@8<5@5  3@>25=B. >AB02;5==0O F5;L ?@54?>;0305B @5H5=85 A;54CNI8E 7040G: 87CG8BL ACI=>ABL, 284K 8 :@8B5@88 ?@54?@8=8<0B5;LA:>3> @8A:0; @0AA<>B@5BL A?>A>1K >F5=:8 AB5?5=8 @8A:0; >E0@0:B5@87>20BL >@30=870F8N @8A:-<5=546<5=B0 8 AB@0B5388 C?@02;5=8O ?@54?@8=8<0B5;LA:8<8 @8A:0<8; 40BL :@0B:CN E0@0:B5@8AB8:C  3@>25=B; ?@>25AB8 >F5=:C ?@54?@8=8<0B5;LA:8E @8A:>2  3@>25=B =0 >A=>25 ?>:070B5;59 >BG5B=>AB8; 40BL 0=0;87 C?@02;5=8O ?@54?@8=8<0B5;LA:8<8 @8A:0<8  3@>25=B; 2KO28BL ?CB8 C;CGH5=8O D8=0=A>2>3> A>AB>O=8O 8 ?@54>B2@0I5=8O 10=:@>BAB20; @07@01>B0BL <5@K ?> A=865=8N ?@54?@8=8<0B5;LA:8E @8A:>2; 40BL >F5=:C MDD5:B82=>AB8 ?@54;>65==KE <5@>?@8OB89. 1J5:B>< ?@0:B8G5A:>3> 8AA;54>20=8O O2;O5BAO  3@>25=B - @07@01>BG8: 8 873>B>28B5;L H8@>:>3> @O40 25=B8;OF8>==>3> >1>@C4>20=8O. @54<5B>< 8AA;54>20=8O O2;O5BAO ?@54?@8=8<0B5;LA:85 @8A:8  3@>25=B. =D>@<0F8>==>9 107>9 8AA;54>20=8O ?>A;C68;8 B@C4K >B5G5AB25==KE 8 70@C156=KE A?5F80;8AB>2 2 >1;0AB8 D8=0=A>2>3> <5=546<5=B0 8 0=0;870 ?@54?@8=8<0B5;LA:8E @8A:>2: !028F:>9 .., >20;520 .., D8<>2>9 .., @0G520 .. 8 4@., =>@<0B82=K5 0:BK @028B5;LAB20 $, 3>4>20O 1CE30;B5@A:0O >BG5B=>ABL  3@>25=B. >AB865=85 F5;8 8 ?>A;54>20B5;L=>5 @5H5=85 7040G ?@54>?@545;8;8 AB@C:BC@C @01>BK: 22545=85, B@8 3;02K, 2 :>B>@KE @0A:@K20NBAO B5>@5B8G5A:85, ?@0:B8G5A:85 0A?5:BK 2K1@0==>9 B5<K 8AA;54>20=8O 8 ?@54;030NBAO ?CB8 A>25@H5=AB2>20=8O C?@02;5=85< @8A:0<8 ?@54?@8OB8O, 70:;NG5=85, A?8A>: ;8B5@0BC@K 8 ?@8;>65=8O. ;020 1. "5>@5B8G5A:85 >A=>2K C?@02;5=8O ?@54?@8=8<0B5;LA:8<8 @8A:0<8 1.1 !CI=>ABL, 284K 8 :@8B5@88 ?@54?@8=8<0B5;LA:>3> @8A:0  >1I5< A;CG05 ?>4 @8A:>< ?>=8<0NB 2>7<>6=>ABL =0ABC?;5=8O =5:>B>@>3> =51;03>?@8OB=>3> A>1KB8O, 2;5:CI53> 70 A>1>9 @07;8G=>3> @>40 ?>B5@8 (=0?@8<5@, ?>;CG5=85 D878G5A:>9 B@02<K, ?>B5@O 8<CI5AB20, ?>;CG5=85 4>E>4>2 =865 >68405<>3> C@>2=O 8 B.4.) (24, A. 47(.  ?@54?@8=8<0B5;LA:>9 45OB5;L=>AB8 ?>4 @8A:>< ?@8=OB> ?>=8<0BL 25@>OB=>ABL (C3@>7C) ?>B5@8 ?@54?@8OB85< G0AB8 A2>8E @5AC@A>2, =54>?>;CG5=8O 4>E>4>2 8;8 ?>O2;5=8O 4>?>;=8B5;L=KE @0AE>4>2 2 @57C;LB0B5 >ACI5AB2;5=8O >?@545;5==>9 ?@>872>4AB25==>9 8 D8=0=A>2>9 45OB5;L=>AB8.  O2;5=88 @8A: <>6=> 2K45;8BL A;54CNI85 M;5<5=BK, 2708<>A2O7L :>B>@KE 8 A>AB02;O5B 53> ACI=>ABL: 2>7<>6=>ABL >B:;>=5=8O >B ?@54?>;0305<>9 F5;8, @048 :>B>@>9 >ACI5AB2;O;0AL 2K1@0==0O 0;LB5@=0B820; 25@>OB=>ABL 4>AB865=8O 65;05<>3> @57C;LB0B0; >BACBAB285 C25@5==>AB8 2 4>AB865=88 ?>AB02;5==>9 F5;8; 2>7<>6=>ABL <0B5@80;L=KE, =@02AB25==KE 8 4@. ?>B5@L, A2O70==KE A >ACI5AB2;5=85< 2K1@0==>9 2 CA;>28OE =5>?@545;5==>AB8 0;LB5@=0B82K. !CI5AB2>20=85 @8A:0 =5?>A@54AB25==> A2O70=> A =5>?@545;5==>ABLN. 5>?@545;5==>ABL ?@54?>;0305B =0;8G85 D0:B>@>2, ?@8 :>B>@KE @57C;LB0BK 459AB289 =5 O2;ONBAO 45B5@<8=8@>20==K<8, 0 AB5?5=L 2>7<>6=>3> 2;8O=8O MB8E D0:B>@>2 =0 @57C;LB0BK =58725AB=0; MB> =5?>;=>B0 8;8 =5B>G=>ABL 8=D>@<0F88 >1 CA;>28OE @50;870F88 ?@>5:B0. 4=>9 87 >A=>2=KE 7040G C?@02;5=8O @8A:0<8, >B @5H5=8O :>B>@>9 7028A8B, =0A:>;L:> F5;5=0?@02;5==K<, :><?;5:A=K<, A8AB5<=K< 1C45B ?@>F5AA C?@02;5=8O @8A:>< ?@54?@8OB8O, O2;O5BAO :;0AA8D8:0F8O @8A:>2. <5==> :;0AA8D8:0F8O @8A:>2 ?>72>;O5B :>=:@5B878@>20BL >1J5:B C?@02;5=8O 8 CG5ABL A?5F8D8:C >1J5:B0 (10, A. 215(. & . 1.2 !?>A>1K >F5=:8 AB5?5=8 @8A:0 F5=:0 @8A:0  MB> :>;8G5AB25==>5 >?@545;5=85 70B@0B, A2O70==KE A 2840<8 @8A:0, :>B>@K5 1K;8 2KO2;5=K =0 ?5@2>< MB0?5 C?@02;5=8O @8A:><. "5>@5B8G5A:>9 >A=>2>9 8 ?@0:B8G5A:8< 8=AB@C<5=B0@85< 0=0;870 8 >F5=:8 D8=0=A>2KE @8A:>2 O2;ONBAO M:>=><8:>-<0B5<0B8G5A:85 <>45;8, =5>1E>48<K< CA;>285< :>B>@KE O2;O5BAO =0;8G85 A;CG09=>3> D0:B>@0 (@8A:0) 8 :>B>@K5 2 <0B5<0B8G5A:>9 M:>=><8:5 ?@8=OB> =07K20BL AB>E0AB8G5A:8<8. "0:>3> @>40 <>45;8 4>2>;L=> G0AB> 8A?>;L7CNBAO 2 M:>=><8:5 8 >A=>20=K =0 ;>38G5A:8E ?@8=F8?0E @0745;0 <0B5<0B8:8, =07K205<>3> B5>@8O 25@>OB=>AB59. 081>;55 @0A?@>AB@0=5==>9 =0 A53>4=OH=89 <><5=B <5B>4>;>3859 >F5=820=8O D8=0=A>2KE @8A:>2 O2;O5BAO VAR -<5B>4, ?>;CG82H89 =0720=85 >B 011@5280BC@K 0=3;89A:>3> =0720=8O AB>8<>AB8 @8A:0 (Value-at-Risk, VAR). !CBL MB>3> <5B>40 A>AB>8B 2 B><, GB>1K >?@545;8BL AB>8<>ABL D8=0=A>2>3> @8A:0 :0: =08<5=LHCN 2>7<>6=CN 25;8G8=C :0?8B0;0, =5>1E>48<>3> 4;O >15A?5G5=8O 7040==>3> C@>2=O 25@>OB=>AB8 @8A:0 (26, A. 75(. VAR - MB> 25;8G8=0 ?>B5@L, B0:0O, GB> ?>B5@8 2 AB>8<>AB8 ?>@BD5;O 70 >?@545;5==K9 ?5@8>4 2@5<5=8 A 7040==>9 25@>OB=>ABLN =5 ?@52KAOB MB>9 25;8G8=K. VaR O2;O5BAO C=825@A0;L=>9 <5B>48:>9 @0AG5B0 @07;8G=KE 284>2 @8A:0: F5=>2>3> @8A:0 - @8A:0 87<5=5=8O AB>8<>AB8 F5=K D8=0=A>2>3> 0:B820 =0 @K=:5; 20;NB=>3> @8A:0 - @8A:0, A2O70==>3> A 87<5=5=85< @K=>G=>3> 20;NB=>3> :C@A0 =0F8>=0;L=>9 20;NBK : 20;NB5 4@C3>9 AB@0=K; :@548B=>3> @8A:0 - @8A:0, 2>7=8:0NI53> ?@8 G0AB8G=>9 8;8 ?>;=>9 =5?;0B565A?>A>1=>AB8 705<I8:0 ?> 27OB><C :@548BC; @8A:0 ;8:284=>AB8 - @8A:0, A2O70==>3> A =52>7<>6=>ABLN ?@>4068 D8=0=A>2>3> 0:B820, ;81> @50;870F88 A 1>;LH8<8 C1KB:0<8, 2>7=8:0NI8<8 ?@8 ?@>4065 0:B820 2 A8;C 1>;LH>9 @07=8FK 25;8G8=K ?>:C?:8/?@>4068, ACI5AB2CNI59 =0 @K=:5. ?@545;5=85 VAR ?>4@07C<5205B 7=0=85 DC=:F88 @0A?@545;5=8O 4>E>4=>AB8 ?>@BD5;O 70 2K1@0==K9 8=B5@20; 2@5<5=8. A;8 AB0=40@B=>5 >B:;>=5=85 :0: <5@0 @8A:0 >?@545;O5B H8@8=C ?;>B=>AB8 @0A?@545;5=8O 4>E>4=>AB8 ?>@BD5;O, B> VAR >?@545;O5B :>=:@5B=>5 7=0G5=85 ?>B5@L 2 AB>8<>AB8 ?>@BD5;O, A>>B25BAB2CNI55 7040==><C 25AC E2>AB0 @0A?@545;5=8O. !CBLN @0AG5B>2 VaR O2;O5BAO G5B:89 8 >4=>7=0G=K9 >B25B =0 2>?@>A, 2>7=8:0NI89 ?@8 ?@>2545=88 D8=0=A>2KE >?5@0F89: :0:>9 <0:A8<0;L=K9 C1KB>: @8A:C5B ?>=5AB8 8=25AB>@ 70 >?@545;5==K9 ?5@8>4 2@5<5=8 A 7040==>9 25@>OB=>ABLN? BAN40 A;54C5B, GB> 25;8G8=0 VaR >?@545;O5BAO :0: =081>;LH89 >68405<K9 C1KB>:, :>B>@K9 A 7040==>9 25@>OB=>ABLN <>65B ?>;CG8BL 8=25AB>@ 2 B5G5=85 n 4=59. ;NG52K<8 ?0@0<5B@0<8 VaR O2;ONBAO ?5@8>4 2@5<5=8, =0 :>B>@K9 ?@>872>48BAO @0AG5B @8A:0, 8 7040==0O 25@>OB=>ABL B>3>, GB> ?>B5@8 =5 ?@52KAOB >?@545;5==>9 25;8G8=K. >:070B5;L VaR @0AAG8BK205BAO ?> D>@<C;5 (26, A. 109(: VaR = k *  *  * N, (1.1) 345 k - :>MDD8F85=B, A>>B25BAB2CNI89 :064><C 87 4>25@8B5;L=KE C@>2=59 90%, 95%, 97,5% 8 99%; P - B5:CI0O AB>8<>ABL D8=0=A>2>3> 8=AB@C<5=B0; N - :>;8G5AB2> D8=0=A>2KE 8=AB@C<5=B>2 40==>9 ?>78F88. 1KG=> @0AG5B VaR ?@>872>48BAO 4;O 4>25@8B5;L=KE C@>2=59 90%, 95%, 97,5% 8 99%. !CI5AB2C5B B@8 >A=>2=KE <5B>40 >?@545;5=8O ?0@0<5B@>2 DC=:F88 @0A?@545;5=8O: 8AB>@8G5A:89 <5B>4, 0=0;8B8G5A:89 8 <5B>4 A8<C;OF88. AB>@8G5A:89 <5B>4. AB>@8G5A:89 <5B>4 70:;NG05BAO 2 8AA;54>20=88 87<5=5=8O AB>8<>AB8 B0:>3> ?>@BD5;O 70 ?@54K4CI89 8AB>@8G5A:89 ?5@8>4. & . 1.3 @30=870F8O @8A:-<5=546<5=B0 8 AB@0B5388 C?@02;5=8O ?@54?@8=8<0B5;LA:8<8 @8A:0<8 #?@02;5=85 D8=0=A>2K<8 @8A:0<8 >ACI5AB2;O5BAO 2 @0<:0E @8A:-<5=546<5=B0. 8A:-<5=546<5=B ?@54AB02;O5B A>1>9 A8AB5<C C?@02;5=8O @8A:>< 8 M:>=><8G5A:8<8, B>G=55, D8=0=A>2K<8 >B=>H5=8O<8, 2>7=8:0NI8<8 2 ?@>F5AA5 MB>3> C?@02;5=8O. 8A:-<5=546<5=B 2:;NG05B 2 A51O AB@0B538N 8 B0:B8:C C?@02;5=8O.  A>>B25BAB288 A >B5G5AB25==K<8 8 70@C156=K<8 AB0=40@B0<8 ?@>F5AA C?@02;5=8O @8A:0<8 2:;NG05B 2 A51O @O4 MB0?>2, >B@065==KE =0 @8AC=:5 1.2. & & & ;020 2. =0;87 ?@54?@8=8<0B5;LA:8E @8A:>2 =0 ?@8<5@5  3@>25=B 2.1 @0B:0O E0@0:B5@8AB8:0  3@>25=B ><?0=8O  3@>25=B - @07@01>BG8: 8 873>B>28B5;L H8@>:>3> @O40 25=B8;OF8>==>3> >1>@C4>20=8O. >=F5=B@0F8O 2A53> ?@>F5AA0 >B :>=AB@C:B>@A:>9 @07@01>B:8 4> 873>B>2;5=8O 8 ?@>4068 2 @0<:0E >4=>3> ?@54?@8OB8O ?>72>;O5B GCB:> @5038@>20BL =0 ?>B@51=>AB8 @K=:0, ?@54;030BL >1>@C4>20=85 2KA>:>3> :0G5AB20 8 ?@>2>48BL 381:CN F5=>2CN ?>;8B8:C. 1I5AB2> A >3@0=8G5==>9 >B25BAB25==>ABLN 3@>25=B CG@5645=> 2 A>>B25BAB288 A $545@0;L=K< 70:>=>< >B 08.02.1998 3. ! 14-$ 1 >1I5AB20E A >3@0=8G5==>9 >B25BAB25==>ABLN. 1I5AB2> 2 A2>59 45OB5;L=>AB8 @C:>2>4AB2C5BAO @0640=A:8< :>45:A>< >AA89A:>9 $545@0F88, 4@C38<8 70:>=0<8 8 8=K<8 ?@02>2K<8 0:B0<8, 0 B0:65 =0AB>OI8< #AB02><. >;=>5 =08<5=>20=85 - 1I5AB2> A >3@0=8G5==>9 >B25BAB25==>ABLN  3@>25=B. $8@<5==>5 =08<5=>20=85 - 1I5AB2> A >3@0=8G5==>9 >B25BAB25==>ABLN  3@>25=B. !>:@0I5==>5 =08<5=>20=85 -  3@>25=B. 4@5A: 3. >A:20 C;. 6-O 0480;L=0O, 24, AB@. 1. E0@0:B5@87C5< ?@02>2K5 0A?5:BK 45OB5;L=>AB8 ?@54?@8OB8O.  3@>25=B DC=:F8>=8@C5B 2 A>>B25BAB288 @0640=A:8< :>45:A>< $, :>B>@K9 >?@545;O5B A;54CNI85: >A=>2=K5 ?>;>65=8O >1 >1I5AB25 A >3@0=8G5==>9 >B25BAB25==>ABLN; >?@545;O5B CG0AB=8:>2 >1I5AB20; CAB0=02;8205B ?5@5G5=L CG@548B5;L=KE 4>:C<5=B>2; CAB02=K9 :0?8B0; >1I5AB20 A >3@0=8G5==>9 >B25BAB25==>ABLN; C?@02;5=85 2 >1I5AB25 A >3@0=8G5==>9 >B25BAB25==>ABLN; ?>@O4>: @5>@30=870F88 8 ;8:2840F88 >1I5AB20 A >3@0=8G5==>9 >B25BAB25==>ABLN; ?5@5E>4 4>;8 2 CAB02=>< :0?8B0;5 >1I5AB20 A >3@0=8G5==>9 >B25BAB25==>ABLN : 4@C3><C ;8FC; 2KE>4 CG0AB=8:0 >1I5AB20 A >3@0=8G5==>9 >B25BAB25==>ABLN 87 >1I5AB20. !;54CNI8< =>@<0B82=K< 4>:C<5=B>< O2;O5BAO $545@0;L=K9 70:>= >B 8 D52@0;O 1998 3. ! 14-$ 1 >1I5AB20E A >3@0=8G5==>9 >B25BAB25==>ABLN (A 87<5=5=8O<8 8 4>?>;=5=8O<8). $545@0;L=K9 70:>= >?@545;O5B 2 A>>B25BAB288 A @0640=A:8< :>45:A>< >AA89A:>9 $545@0F88 ?@02>2>5 ?>;>65=85 >1I5AB20 A >3@0=8G5==>9 >B25BAB25==>ABLN, ?@020 8 >1O70==>AB8 53> CG0AB=8:>2, ?>@O4>: A>740=8O, @5>@30=870F88 8 ;8:2840F88 >1I5AB20. & & & & & & 2.2 F5=:0 ?@54?@8=8<0B5;LA:8E @8A:>2  3@>25=B =0 >A=>25 ?>:070B5;59 >BG5B=>AB8 A=>2=K5 B5E=8:>-M:>=><8G5A:85 ?>:070B5;8, E0@0:B5@87CNI85 E>7O9AB25==CN 45OB5;L=>ABL  3@>25=B 70 2009-2011 33., ?@82545=K 2 B01;8F5 2.1. "01;8F0 2.1 A=>2=K5 B5E=8:>-M:>=><8G5A:85 ?>:070B5;8 45OB5;L=>AB8  3@>25=B, 2009-2011 33. 08<5=>20=85 ?>:070B5;59>4K"5<? @>AB0, %2009201020112010 / 20092011 / 20102011/ 20091J5< @50;87>20==>9 ?@>4C:F88, BKA. @C1.!515AB>8<>ABL @50;87>20==>9 ?@>4C:F88, BKA. @C1.@81K;L >B @50;870F88, BKA. @C1.'8AB0O ?@81K;L, BKA. @C1.'8A;5==>ABL @01>B0NI8E, G5;.$>=4 >?;0BK B@C40, BKA. @C1.!@54=5<5AOG=0O 70@01>B=0O ?;0B0 =0 1 @01>B=8:0, @C1.!@54=53>4>20O AB>8<>ABL $, BKA. @C1.$>=4>>B40G0, @C1./@C1.@>872>48B5;L=>ABL, BKA. @C1./G5;.$>=4>5<:>ABL, @C1./@C1. 5=B015;L=>ABL ?@>406   EMBED Excel.Chart.8 \s  8A. 2.2. 8=0<8:0 >A=>2=KE B5E=8:>-M:>=><8G5A:8E ?>:070B5;59  3@>25=B, 2009-2011 33. 0: 284=> 87 B01;8FK 2.1 8 @8AC=:0 2.2, 2 2011 3. 2  3@>25=B =01;N405BAO 7=0G8B5;L=>5 (?>GB8 =0 44 %) A=865=85 2K@CG:8 >B @50;870F88, A>?@>2>640NI55AO A=865=85< D>=4>>B40G8 (A 10,44 @C1./@C1. 2 2009 3. 4> 2,18 @C1./@C1. 2 2011 3.). !>>B25BAB25==> ?@>87>H;> A=865=85 @5=B015;L=>AB8 ?@>406 A 1 :>?. =0 @C1;L 2K@CG:8 >B @50;870F88 2 2009 3. 4> 4 :>?. 8 2 2011 3.  2 :>?. @>872>48B5;L=>ABL B@C40 @01>B=8:>2 ?@54?@8OB8O B0:65 45<>=AB@8@C5B A=865=85 ?>:070B5;O, B0: 5A;8 2 2009 3>4C 2K@01>B:0 =0 >4=>3> @01>B=8:0 A>AB02;O;0 659,79 BKA. @C1., B> 2 2011 3>4C 7=0G5=85 ?>:070B5;O A>AB028;> 625,06 BKA. @C1.  A=865=88 MDD5:B82=>AB8 DC=:F8>=8@>20=8O  3@>25=B A2845B5;LAB2CNB @0AAG8B0==K5 ?>:070B5;8 @5=B015;L=>AB8 ?@>406, :>B>@0O A=878;0AL =0 69,59% 70 ?5@8>4 8 A>AB028;0 2 2011 3>4C  00,21%. "0:>5 7=0G8B5;L=>5 CEC4H5=85 D8=0=A>2KE ?>:070B5;59 45OB5;L=>AB8 ?@54?@8OB8O, 2K720;> =5>1E>48<>ABL 8AA;54>20=8O 87<5=5=89 ?@>87>H54H8E 2 53> D8=0=A>2>< A>AB>O=88 8 ?>A;C682H8E ?@8G8=>9 A=865=8O MDD5:B82=>AB8 53> 45OB5;L=>AB8. 0;55 ?@>2545< 25@B8:0;L=K9 8 3>@87>=B0;L=K9 0=0;87 0:B820 10;0=A0 ?@54?@8OB8O. & & & & ?5@0F8>==0O 45OB5;L=>ABL ?@54?@8OB85< ?@0:B8G5A:8 =5 >ACI5AB2;O5BAO, ?@>F5=BK =5 2K?;0G820NBAO. !;54C5B >B<5B8BL 4>AB0B>G=> @57:>5 A>:@0I5=85 ?@81K;8 >B ?@>406 70 0=0;878@C5<K9 ?5@8>4, A 5124 BKA.@C1. 4> 1646 BKA.@C1., 8;8 ?@0:B8G5A:8 2 3,3 @070.  @57C;LB0B5 @0AA<>B@5==KE 87<5=5=89 G8AB0O ?@81K;L ?@54?@8OB8O 2K@>A;0 A 276 4> 1547 BKA. @C1. 8;8 ?@0:B8G5A:8 2 5 @07. @81K;L >B ?@>406 2 @57C;LB0B5 @0AA<>B@5==KE 87<5=5=89 70 ?5@8>4 2009-201 3>40 A>:@0B8;0AL 1>;55 G5< 2 3 @070 8 A>AB028;0 2 201 3>4C 1646 BKA. @C1.  @57C;LB0B5 @0AA<>B@5==KE 87<5=5=89 G8AB0O ?@81K;L ?@54?@8OB8O A>:@0B8;0AL 2 3,2 @070 8 A>AB028;0 2 201 3>4C 1192 BKA. @C1. 2.3 =0;87 C?@02;5=8O ?@54?@8=8<0B5;LA:8<8 @8A:0<8  3@>25=B #?@02;5=85 D8=0=A>2K<8 @5AC@A0<8  3@>25=B >ACI5AB2;O5BAO 3;02=K< 1CE30;B5@>< 8 1CE30;B5@859 >@30=870F88. ;02=K< 1CE30;B5@>< :064K9 :20@B0; =0 >A=>25 ?@5420@8B5;L=>9 >BG5B=>AB8 ?@>2>48BAO 0=0;87 D8=0=A>2>3> A>AB>O=8O >@30=870F88 A F5;LN 2KO2;5=8O =530B82=KE O2;5=89 8 C3@>7 10=:@>BAB20. 0==0O <5@0 >A>15==> 0:BC0;L=0 2 A>2@5<5==KE CA;>28OE E>7O9AB2>20=8O, :>340 =01;N405BAO CA8;5=85 :@878A=KE O2;5=89 2 M:>=><8:5. @878A=K5 B5=45=F88 2 7=0G8B5;L=>9 AB5?5=8 D>@<8@CNBAO ?>AB5?5==>, ?>MB><C =5>1E>48<> >ACI5AB2;OBL <>=8B>@8=3 @57C;LB0B>2 E>7O9AB25==>9 45OB5;L=>AB8 >@30=870F88 8 >F5=820BL 2>7<>6=>ABL @8A:>2 =0 ?@54?@8OB88. 5OB5;L=>ABL  3@>25=B ?>425@65=0 H8@>:><C A?5:B@C @8A:>2, A2O70==KE A 2;8O=85< D0:B>@>2 :0: 2=5H=59 (AB@0B538G5A:85 8 AB@0=>2K5 @8A:8, @8A:8 @53C;8@>20=8O, D8=0=A>2K5 @8A:8), B0: 8 2=CB@5==59 A@54K (>?5@0F8>==K5 @8A:8).  @8;>65=88 5 ?@54AB02;5=0 A>2>:C?=>ABL ?@54?@8=8<0B5;LA:8E @8A:>2  3@>25=B. "0:, 2 =0AB>OI55 2@5<O <>6=> 2K45;8BL A;54CNI85 284K @8A:>2 :><?0=88: @8A:8 87<5=5=8O 20;NB=KE :C@A>2, ?@>F5=B=KE AB02>: 8 B5<?>2 8=D;OF88; :@548B=K5 @8A:8 8 @8A:8 >15A?5G5=8O ;8:284=>AB8; @K=>G=K5 @8A:8, 2 B>< G8A;5 @8A:8 A=865=8O >1J5<0 8 AB>8<>AB8 ?@>4C:F88, @50;87C5<>9 =0 @>AA89A:>< @K=:5. 0: 284=> 87 ?@>2545==>3> 0=0;870, =0 ?@54?@8OB88 ?@0:B8G5A:8 >BACBAB2C5B A8AB5<0 C?@02;5=8O ?@54?@8=8<0B5;LA:8<8 @8A:0<8, >F5=:0 @8A:>2 =5 ?@>872>48BAO, 2A;54AB285 G53> D8=0=A>2>5 A>AB>O=85 ?@54?@8OB8O =5CAB>9G82>, >=> =0E>48BAO =0 3@0=8 10=:@>BAB20. 284C =5CAB>9G82>3> D8=0=A>2>3> A>AB>O=8O 0=0;878@C5<>3> ?@54?@8OB8O F5;5A>>1@07=> 1C45B ?@>25AB8 >F5=:C @8A:0 25@>OB=>3> 10=:@>BAB20.  ?@0:B8:5 70@C156=KE D8=0=A>2KE >@30=870F89 4;O >F5=:8 25@>OB=>AB8 10=:@>BAB20 =081>;55 G0AB> 8A?>;L7C5BAO Z-AG5B ;LB<0=0. 0 >A=>25 >1A;54>20=8O ?@54?@8OB89-10=:@>B>2 -. ;LB<0= >?@545;8; :>MDD8F85=BK 7=0G8<>AB8 >B45;L=KE D0:B>@>2 2 8=B53@0;L=>9 >F5=:5 25@>OB=>AB8 10=:@>BAB20. >45;L ;LB<0=0 8<55B A;54CNI89 284: Z = 1.2 X1 + 1.4 X2 + 3.3 X3 + 0.6 X4 + X5 (2.1), 345 X1  >1>@>B=K9 :0?8B0;/A>2>:C?=K5 0:B82K = EMBED Equation.3  X2  G8AB0O ?@81K;L/A>2>:C?=K5 0:B82K = EMBED Equation.3  X3  ?@81K;L 4> =0;>3>>1;>65=8O/A>2>:C?=K5 0:B82K = 4> =/>/ X4  25;8G8=0 A>1AB25==>3> :0?8B0;0/AC<<0@=0O 704>;65==>ABL X4 = EMBED Equation.3  X5 - 2K@CG:0 >B ?@>406/A>2>:C?=K5 0:B82K = EMBED Equation.3  "01;8F0 2.11 >:070B5;8 4;O >?@545;5=8O 25@>OB=>3> 10=:@>BAB20  3@>25=B ?> <>45;8 ;LB<0=0 & & & & . "0:8< >1@07><, >1J5:B>< ?@0:B8G5A:>3> 87CG5=8O 40==>9 @01>BK O2;O;>AL 87CG5=85 D8=0=A>2>3> A>AB>O=8O  3@>25=B.  ?@>F5AA5 >F5=:8 D8=0=A>2>3> A>AB>O=8O ?@54?@8OB8O 2KOA=8;>AL, GB> >=> A>>B25BAB2C5B 4 B8?C D8=0=A>2>9 A8BC0F88, ?@8 :>B>@>< ?@54?@8OB85 =0 3@0=8 10=:@>BAB20, ?>A:>;L:C 2 40==>9 A8BC0F88 45=56=K5 A@54AB20, :@0B:>A@>G=K5 F5==K5 1C<038 8 4518B>@A:0O 704>;65==>ABL =5 ?>:@K20NB 4065 53> :@548B>@A:>9 704>;65==>AB8. $8=0=A>20O CAB>9G82>ABL <>65B 1KBL 2>AAB0=>2;5=0 ?CB5< >1>A=>20==>3> A=865=8O 70?0A>2 8 70B@0B. 8:284=>ABL 10;0=A0 ?@54?@8OB8O <>6=> >E0@0:B5@87>20BL :0: =54>AB0B>G=CN. AE>4O 87 B>3>, GB> 40==K5 ?>:070B5;59 ;8:284=>AB8 =865 =>@<0B82=KE, <>6=> A45;0BL 2K2>4, GB> ?@54?@8OB85 =5?;0B565A?>A>1=>. -B> A2845B5;LAB2C5B > B><, GB> 2 1;8609H89 : @0AA<0B@8205<><C <><5=BC ?@><56CB>: 2@5<5=8 ?@54?@8OB8N =5 C40ABAO ?>?@028BL A2>N ?;0B565A?>A>1=>ABL. @8G5<, 70 0=0;878@C5<K9 ?5@8>4 2>7@>A ?;0B56=K9 =54>AB0B>: =081>;55 ;8:284=KE 0:B82>2 4;O ?>:@KB8O =081>;55 A@>G=KE >1O70B5;LAB2. "0:8< >1@07><, 2 :>=F5 3>40 ?@54?@8OB85 <>3;> >?;0B8BL 01A>;NB=> ;8:284=K<8 A@54AB20<8 ;8HL G0ABL A2>8E :@0B:>A@>G=KE >1O70B5;LAB2, GB> A2845B5;LAB2C5B > ACI5AB25==>< =54>AB0B:5 01A>;NB=> ;8:284=KE A@54AB2. "0:8< >1@07><, =0 >A=>20=88 ?@>2545==>3> 2 =0AB>OI59 @01>B5 0=0;870 D8=0=A>2>3> A>AB>O=8O ?@54?@8OB8O, <>6=> >E0@0:B5@87>20BL D8=0=A>2>-E>7O9AB25==>5 A>AB>O=85 2 ?5@8>4 A 2009 3. ?> 2011 3. :0: =5C4>2;5B2>@8B5;L=>5 8 ?@87=0BL 53> 10;0=A B0:65 =5C4>2;5B2>@8B5;L=K<. ;020 3. CB8 8 <5B>4K A=865=8O ?@54?@8=8<0B5;LA:8E @8A:>2  3@>25=B 3.1 KO2;5=85 ?CB59 C;CGH5=8O D8=0=A>2>3> A>AB>O=8O 8 ?@54>B2@0I5=85 10=:@>BAB20 >=:@5B=K5 ?CB8 2KE>40 ?@54?@8OB8O 87 :@878A=>9 D8=0=A>2>9 A8BC0F88 7028AOB >B ?@8G8= 53> =5A>AB>OB5;L=>AB8. >A:>;L:C 1>;LH8=AB2> ?@54?@8OB89 @07>@O5BAO ?> 28=5 =5MDD5:B82=>9 3>AC40@AB25==>9 ?>;8B8:8, B> >4=8< 87 ?CB59 D8HJLNϱlO7!7+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu8jhL/hA<0JCJOJQJU^JaJmHnHu,hL/hA<CJOJPJQJ^JaJnHtH5jhL/hA<CJOJPJQJU^JaJnHtH$hL/hA<OJPJQJ^JnHtH:hiYhA<5CJOJPJQJ\^JaJmH nHsH tH,hA<5CJOJPJQJ\^JaJnHtH2hL/hA<5CJOJPJQJ\^JaJnHtH  F,N $dha$gdA< $dha$gdA<$ % dha$gdA<$ % dha$gdA<dgdA< $dha$gdA<ܿqSq>q$3hL/hA<CJOJPJQJ^JaJmHnHtHu(hA<CJOJQJ^JaJmHnHu:j}hL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu3hL/hA<0JCJOJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHuFjhL/hA<>*B*CJOJQJU^JaJmHnHphu   " 筐v^B^$B:jwhL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu3hL/hA<0JCJOJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHuFjhL/hA<>*B*CJOJQJU^JaJmHnHphu+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu , . 0 2 ϲjF,3hL/hA<0JCJOJQJ^JaJmHnHtHuFjhL/hA<>*B*CJOJQJU^JaJmHnHphu+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu3hL/hA<CJOJPJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu(hA<CJOJQJ^JaJmHnHu " $ ̙|b|J4J+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu3hL/hA<CJOJPJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHu(hA<CJOJQJ^JaJmHnHu:jqhL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu $ & ( h j l ܿqSq>q$3hL/hA<CJOJPJQJ^JaJmHnHtHu(hA<CJOJQJ^JaJmHnHu:jkhL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu3hL/hA<0JCJOJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHuFjhL/hA<>*B*CJOJQJU^JaJmHnHphu 筐v^B^$B:jehL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu3hL/hA<0JCJOJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHuFjhL/hA<>*B*CJOJQJU^JaJmHnHphu+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu    ϲjF,3hL/hA<0JCJOJQJ^JaJmHnHtHuFjhL/hA<>*B*CJOJQJU^JaJmHnHphu+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu3hL/hA<CJOJPJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu(hA<CJOJQJ^JaJmHnHu *,̙|b|J4J+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu3hL/hA<CJOJPJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHu(hA<CJOJQJ^JaJmHnHu:j_hL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu ,.0ܿqSq>q$3hL/hA<CJOJPJQJ^JaJmHnHtHu(hA<CJOJQJ^JaJmHnHu:jYhL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu3hL/hA<0JCJOJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHuFjhL/hA<>*B*CJOJQJU^JaJmHnHphu  筐v^B^$B:jShL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu3hL/hA<0JCJOJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHuFjhL/hA<>*B*CJOJQJU^JaJmHnHphu+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu 68:<ϲjF,3hL/hA<0JCJOJQJ^JaJmHnHtHuFjhL/hA<>*B*CJOJQJU^JaJmHnHphu+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu3hL/hA<CJOJPJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu(hA<CJOJQJ^JaJmHnHu @B̙|b|J4J+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu3hL/hA<CJOJPJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHu(hA<CJOJQJ^JaJmHnHu:jMhL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu BDF ܿqSq>q$3hL/hA<CJOJPJQJ^JaJmHnHtHu(hA<CJOJQJ^JaJmHnHu:jG hL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu3hL/hA<0JCJOJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHuFjhL/hA<>*B*CJOJQJU^JaJmHnHphu "Z\^`8:<筐v^B^$B:jA hL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu3hL/hA<0JCJOJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHuFj hL/hA<>*B*CJOJQJU^JaJmHnHphu+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu <@BDFHJϲjF,3hL/hA<0JCJOJQJ^JaJmHnHtHuFj hL/hA<>*B*CJOJQJU^JaJmHnHphu+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu3hL/hA<CJOJPJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu(hA<CJOJQJ^JaJmHnHu  "&(*,.0hj̙|b|J4J+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu3hL/hA<CJOJPJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHu(hA<CJOJQJ^JaJmHnHu:j; hL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu jln  ܿqSq>q$3hL/hA<CJOJPJQJ^JaJmHnHtHu(hA<CJOJQJ^JaJmHnHu:j5 hL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu3hL/hA<0JCJOJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHuFj hL/hA<>*B*CJOJQJU^JaJmHnHphu RTVXlnp筐v^B^$B:j/ hL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu3hL/hA<0JCJOJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHuFj hL/hA<>*B*CJOJQJU^JaJmHnHphu+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu ϲjF,3hL/hA<0JCJOJQJ^JaJmHnHtHuFj hL/hA<>*B*CJOJQJU^JaJmHnHphu+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu3hL/hA<CJOJPJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu(hA<CJOJQJ^JaJmHnHu   @BDHJLNPR̙|b|J4J+hL/hA<CJOJQJ^JaJmHnHu/hL/hA<0JCJOJQJ^JaJmHnHu3hL/hA<CJOJPJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHu(hA<CJOJQJ^JaJmHnHu:j)hL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu ܿqSq>q$3hL/hA<CJOJPJQJ^JaJmHnHtHu(hA<CJOJQJ^JaJmHnHu:j#hL/hA<CJOJQJU^JaJmHnHu7jhL/hA<CJOJQJU^JaJmHnHu.hL/hA<CJOJQJ^JaJmHnHu3hL/hA<0JCJOJQJ^JaJmHnHtHu8jhL/hA<0JCJOJQJU^JaJmHnHuFjhL/hA<>*B*CJOJQJU^JaJmHnHphu **++4455v6x67777<8>88R9:::<;>;P;R;V;<< ?"???\@ʹʹʹʹʹʹʹʹʹ͞ʹ͊s\ʹʹʹ, j]hA<CJOJPJQJ^JaJnHtH, j[hA<CJOJPJQJ^JaJnHtH&hA<CJOJPJQJ^JaJnHtH*hL/hA<6OJPJQJ]^JnHtH0hL/hA<CJNHOJPJQJ^JaJnHtH,hL/hA<CJOJPJQJ^JaJnHtH5jhL/hA<CJOJPJQJU^JaJnHtH$!"L$'+,D--..2//r01z11235P8R88 $dha$gdA<$ & F Zdh^a$gdA<$dh`a$gdA<8R9X;x=@PCEE FGfJMN@OOPQlSVHZZ[f\ dhgdA<$ & F Z dh^a$gdA<$dh`a$gdA< $dha$gdA<\@^@EEEEEEEEE F6MvMxMMMMOOhPjPRRrTtTZZZZZ__`cdddggiiRiTijмЊpммЊpЊp*hL/hA<6OJPJQJ]^JnHtHh"hA<, j]hA<CJOJPJQJ^JaJnHtH, j[hA<CJOJPJQJ^JaJnHtH&hA<CJOJPJQJ^JaJnHtH,hL/hA<CJOJPJQJ^JaJnHtH0hL/hA<CJNHOJPJQJ^JaJnHtH,f\\]^__`*abcdddgjj\kklNmmnpn$ & F Zdh^a$gdA< $dha$gdA< $dha$gdA<$dh`a$gdA<jj0k2k$m&mmmoovpxp q"qqqJrLrs sss6t8t^tltuuuuuuuvTwVwwwxx`xbx̶ТТЍi,hL/hA<CJNHOJQJ^JaJnHtHhL/hA<PJnHtH(hL/hA<CJOJQJ^JaJnHtH&hA<CJOJPJQJ^JaJnHtH*hL/hA<6OJPJQJ]^JnHtHhA<,hL/hA<CJOJPJQJ^JaJnHtH0hL/hA<CJNHOJPJQJ^JaJnHtH)pnnToop.q~r^tltu:vRvvw.w8wTw$d$Ifa$gdA<l7 $dha$gdA<$dh`a$gdA< $dha$gdA<$dh`a$gdA<$ & F Zdh^a$gdA<TwVwXwbwlwvwwwY>>>>>>$d$Ifa$gdA<l7kd$$IfTl4F q%`Z  h 0E&6    44 lapytA<TwwwxxxxxxxxxxxxxxxxxxxxFfiFfd$IfgdA<lFf$d$Ifa$gdA<l7bxxxxxy yfyhyyyyy&z(zzzzz{{P{R{{{{{{{{{ްy^5j3hL/hA<CJOJPJQJU^JaJnHtH7jj,\S hL/hA<CJOJQJUV^JaJnHtH5jhL/hA<CJOJPJQJU^JaJnHtH,hL/hA<CJOJPJQJ^JaJnHtH,hL/hA<CJNHOJQJ^JaJnHtHhL/hA<PJnHtH(hL/hA<CJOJQJ^JaJnHtHxxxxxyyyyyyy yZy\y^y`ybydyfyhyyyyyyFfFfFf)d$IfgdA<lyyyyzzz z"z$z&z(zvzxzzz|z~zzzzzzzzzzFf&Ff)$Ffi!d$IfgdA<lzzz{{ { {{{{{D{F{H{J{L{N{P{R{{{{{{{{Ff)/Ffi,Ff)d$IfgdA<l{{{{|p@‚,6@<Š 0f$ & F Zdh^a$gdA< $dha$gdA< $dha$gdA<$dh`a$gdA<Ff1,6<Š,.*,:<@LNP^`bprtz|ښJLrжФzzzzzzc,jhL/hA<CJOJQJU\^JaJ&hL/hA<CJH*OJQJ\^JaJ+hL/hA<CJOJQJ\^JaJmH sH #hL/hA<CJOJQJ\^JaJ*hL/hA<6OJPJQJ]^JnHtHhA<,hL/hA<CJOJPJQJ^JaJnHtH0hL/hA<CJNHOJPJQJ^JaJnHtH%f^nzh ڢl<P $dha$gdA< $dha$gdA< $dha$gdA<$d`a$gdA< d`gdA<dgdA<$dh`a$gdA<rtvxޛ ~0248:`η{cJ{{{{0juAhL/hA<CJEHOJQJU\^JaJ/j`B hL/hA<CJOJQJU\^JaJ&hL/hA<CJH*OJQJ\^JaJ+hL/hA<CJOJQJ\^JaJmH sH #hL/hA<CJOJQJ\^JaJ,jhL/hA<CJOJQJU\^JaJ0j?hL/hA<CJEHOJQJU\^JaJ/j>`B hL/hA<CJOJQJU\^JaJ`bdfhjnη~mXmA*Xm-jtEhL/hA<CJEHOJQJU^JaJ,j`B hL/hA<CJOJQJU^JaJ)jhL/hA<CJOJQJU^JaJ hL/hA<CJOJQJ^JaJ#hL/hA<CJH*OJQJ^JaJ(hL/hA<CJOJQJ^JaJmH sH #hL/hA<CJOJQJ\^JaJ,jhL/hA<CJOJQJU\^JaJ0jbChL/hA<CJEHOJQJU\^JaJ/j`B hL/hA<CJOJQJU\^JaJ F880999P:R:<<$=&=>>@@AABB CCDDVEXEEEpFrF`GbGGGvHxHIIIIIIRJTJJJbKdKKKMMNNO O@PBP QQSSlTnTbUjU0hL/hA<CJNHOJPJQJ^JaJnHtHU*hL/hA<6OJPJQJ]^JnHtHhA<,hL/hA<CJOJPJQJ^JaJnHtHG  V^f "#$$&):,Z/0,111$ dh`a$gdA<$dh`a$gdA< $dha$gdA<=0=A>2>3> >74>@>2;5=8O ?@54?@8OB89 4>;6=0 1KBL 3>AC40@AB25==0O ?>445@6:0 =5A>AB>OB5;L=KE AC1J5:B>2 E>7O9AB2>20=8O. > 2284C 45D8F8B0 3>AC40@AB25==>3> 1N465B0 @0AAG8BK20BL =0 MBC ?><>IL <>3CB =5 2A5 ?@54?@8OB8O. 06=K< 8AB>G=8:>< D8=0=A>2>3> >74>@>2;5=8O ?@54?@8OB8O O2;O5BAO D0:B>@8=3, B.5. CABC?:0 10=:C 8;8 D0:B>@8=3>2>9 :><?0=88 ?@020 =0 2>AB@51>20=85 4518B>@A:>9 704>;65==>AB8, 8;8 4>3>2>@-F5AA8O, ?> :>B>@><C ?@54?@8OB85 CABC?05B A2>5 B@51>20=85 : 4518B>@0< 10=:C 2 :0G5AB25 >15A?5G5=8O 2>72@0B0 :@548B0. 4=8< 87 MDD5:B82=KE <5B>4>2 >1=>2;5=8O <0B5@80;L=>-B5E=8G5A:>9 107K ?@54?@8OB8O O2;O5BAO ;878=3, :>B>@K9 =5 B@51C5B ?>;=>9 548=>2@5<5==>9 >?;0BK 0@5=4C5<>3> 8<CI5AB20 8 A;C68B >4=8< 87 284>2 8=25AB8@>20=8O. A?>;L7>20=85 CA:>@5==>9 0<>@B870F88 ?> ;878=3>2K< >?5@0F8O< ?>72>;O5B >?5@0B82=> >1=>2;OBL >1>@C4>20=85 8 25AB8 B5E=8G5A:>5 ?5@52>>@C65=85 ?@>872>4AB20. @82;5G5=85 :@548B>2 ?>4 ?@81K;L=K5 ?@>5:BK, A?>A>1=K5 ?@8=5AB8 ?@54?@8OB8N 2KA>:89 4>E>4, B0:65 O2;O5BAO >4=8< 87 @575@2>2 D8=0=A>2>3> >74>@>2;5=8O ?@54?@8OB8O. -B><C 65 A?>A>1AB2C5B 8 4825@A8D8:0F8O ?@>872>4AB20 ?> >A=>2=K< =0?@02;5=8O< E>7O9AB25==>9 45OB5;L=>AB8, :>340 2K=C645==K5 ?>B5@8 ?> >4=8< =0?@02;5=8O< ?>:@K20NBAO ?@81K;LN >B 4@C38E. #<5=LH8BL 45D8F8B A>1AB25==>3> :0?8B0;0 <>6=> 70 AG5B CA:>@5=8O 53> >1>@0G8205<>AB8 ?CB5< A>:@0I5=8O A@>:>2 AB@>8B5;LAB20, ?@>872>4AB25==>-:><<5@G5A:>3> F8:;0, A25@E=>@<0B82=KE >AB0B:>2 70?0A>2, =57025@H5==>3> ?@>872>4AB20 8 B.4. !>:@0I5=85 @0AE>4>2 =0 A>45@60=85 >1J5:B>2 68;A>F:C;LB1KB0 ?CB5< ?5@540G8 8E 2 <C=8F8?0;L=CN A>1AB25==>ABL B0:65 A?>A>1AB2C5B ?@8;82C :0?8B0;0 2 >A=>2=CN 45OB5;L=>ABL. ! F5;LN A>:@0I5=8O @0AE>4>2 8 ?>2KH5=8O MDD5:B82=>AB8 >A=>2=>3> ?@>872>4AB20 2 >B45;L=KE A;CG0OE F5;5A>>1@07=> >B:070BLAO >B =5:>B>@KE 284>2 45OB5;L=>AB8, >1A;C6820NI8E >A=>2=>5 ?@>872>4AB2> (B>@3>2>-B5E=>;>38G5A:85 ?@>F5AAK, @5<>=B, B@0=A?>@B 8 B.?.) 8 ?5@59B8 : CA;C30< A?5F80;878@>20==KE >@30=870F89. A;8 ?@54?@8OB85 ?>;CG05B ?@81K;L 8 O2;O5BAO ?@8 MB>< =5?;0B565A?>A>1=K<, =C6=> ?@>0=0;878@>20BL 8A?>;L7>20=85 ?@81K;8. @8 =0;8G88 7=0G8B5;L=KE >BG8A;5=89 2 D>=4 ?>B@51;5=8O MBC G0ABL ?@81K;8 2 CA;>28OE =5?;0B565A?>A>1=>AB8 ?@54?@8OB8O <>6=> @0AA<0B@820BL :0: ?>B5=F80;L=K9 @575@2 ?>?>;=5=8O A>1AB25==KE >1>@>B=KE A@54AB2 ?@54?@8OB8O. >;LHCN ?><>IL 2 2KO2;5=88 @575@2>2 C;CGH5=8O D8=0=A>2>3> A>AB>O=8O ?@54?@8OB8O <>65B >:070BL <0@:5B8=3>2K9 0=0;87 ?> 87CG5=8N A?@>A0 8 ?@54;>65=8O, @K=:>2 A1KB0 8 D>@<8@>20=8O =0 MB>9 >A=>25 >?B8<0;L=>3> 0AA>@B8<5=B0 8 AB@C:BC@K ?@>872>4AB20 ?@>4C:F88. 4=8< 87 >A=>2=KE 8 =081>;55 @048:0;L=KE =0?@02;5=89 D8=0=A>2>3> >74>@>2;5=8O ?@54?@8OB8O O2;O5BAO ?>8A: 2=CB@5==8E @575@2>2 ?> C25;8G5=8N ?@81K;L=>AB8 ?@>872>4AB20 8 4>AB865=8N 157C1KB>G=>9 @01>BK 70 AG5B 1>;55 ?>;=>3> 8A?>;L7>20=8O ?@>872>4AB25==>9 <>I=>AB8 ?@54?@8OB8O, ?>2KH5=8O :0G5AB20 8 :>=:C@5=B>A?>A>1=>AB8 ?@>4C:F88, A=865=8O 55 A515AB>8<>AB8, @0F8>=0;L=>3> 8A?>;L7>20=8O <0B5@80;L=KE, B@C4>2KE 8 D8=0=A>2KE @5AC@A>2, A>:@0I5=8O =5?@>872>48B5;L=KE @0AE>4>2 8 ?>B5@L.  ?@>F5AA5 0=0;870 1K;> CAB0=>2;5=>, GB> ?@54?@8OB85 ?@0:B8G5A:8 10=:@>B, 2 MB>< A;CG05 1C45B C<5AB=> @0AA<>B@5BL A;54CNI85 <5B>4K. 01>B0 C?@02;5=G5A:>3> ?5@A>=0;0 ?@54?@8OB8O 4;O C:@5?;5=8O D8=0=A>2>9 CAB>9G82>AB8  3@>25=B 4>;6=0 70:;NG0BLAO 2 >15A?5G5=88 >?B8<0;L=>AB8 A>AB020 0:B82>2 A ?>78F89 MDD5:B82=>AB8 E>7O9AB25==>9 45OB5;L=>AB8. "0:0O >?B8<870F8O A>AB020 0:B82>2 ?@54?@8OB8O =0?@02;5=0 A >4=>9 AB>@>=K =0 >15A?5G5=85 ?@54AB>OI53> ?>;=>3> ?>;57=>3> 8A?>;L7>20=8O >B45;L=KE 8E 284>2, 0 A 4@C3>9 - =0 ?>2KH5=85 A>2>:C?=>9 ?>B5=F80;L=>9 8E A?>A>1=>AB8 35=5@8@>20BL >?5@0F8>==CN ?@81K;L. @>F5AA MB>9 >?B8<870F88 >ACI5AB2;O5BAO ?> A;54CNI8< B@5< MB0?0<: 0 ?5@2>< MB0?5 >?B8<878@C5BAO A>>B=>H5=85 A>2>:C?=KE @07<5@>2 2=5>1>@>B=KE 8 >1>@>B=KE 0:B82>2 ?@54?@8OB8O, 8A?>;L7C5<KE 2 ?@>F5AA5 53> >?5@0F8>==>9 45OB5;L=>AB8. 0 2B>@>< MB0?5 >?B8<878@C5BAO A>>B=>H5=85 <564C 0:B82=>9 8 ?0AA82=>9 G0ABLN 2=5>1>@>B=KE 0:B82>2. 0 B@5BL5< MB0?5 >?B8<878@C5BAO A>>B=>H5=85 B@5E >A=>2=KE 284>2 >1>@>B=KE 0:B82>2 - AC<<K 70?0A>2 B>20@=>-<0B5@80;L=KE F5==>AB59; AC<<K 4518B>@A:>9 704>;65==>AB8; AC<<K 45=56=KE 0:B82>2. AB0=>28< ?>4@>1=55 =0 >?B8<870F88 >1J5<0 >1>@>B=KE 0:B82>2. "0:0O >?B8<870F8O 4>;6=0 8AE>48BL 87 871@0==>3> B8?0 ?>;8B8:8 D>@<8@>20=8O >1>@>B=KE 0:B82>2, >15A?5G820O 7040==K9 C@>25=L A>>B=>H5=8O MDD5:B82=>AB8 8E 8A?>;L7>20=8O 8 @8A:0. @>F5AA >?B8<870F88 >1J5<0 >1>@>B=KE 0:B82>2 =0 MB>9 AB0488 D>@<8@>20=8O ?>;8B8:8 C?@02;5=8O 8<8 A>AB>8B 87 B@5E >A=>2=KE MB0?>2. 0 ?5@2>< MB0?5 A CG5B>< @57C;LB0B>2 0=0;870 >1>@>B=KE 0:B82>2 2 ?@54H5AB2CNI5< ?5@8>45 >?@545;O5BAO A8AB5<0 <5@>?@8OB89 ?> @50;870F88 @575@2>2, =0?@02;5==KE =0 A>:@0I5=85 ?@>4>;68B5;L=>AB8 >?5@0F8>==>3>, 0 2 53> @0<:0E  ?@>872>4AB25==>3> 8 D8=0=A>2>3> F8:;>2 ?@54?@8OB8O. @8 MB>< A>:@0I5=85 ?@>4>;68B5;L=>AB8 >B45;L=KE F8:;>2 =5 4>;6=> ?@82>48BL : A=865=8N >1J5<>2 ?@>872>4AB20 8 @50;870F88 ?@>4C:F88. 0 2B>@>< MB0?5 =0 >A=>25 871@0==>3> B8?0 ?>;8B8:8 D>@<8@>20=8O >1>@>B=KE 0:B82>2, ?;0=8@C5<>3> >1J5<0 ?@>872>4AB20 8 @50;870F88 >B45;L=KE 284>2 ?@>4C:F88 8 2A:@KBKE @575@2>2 A>:@0I5=85 ?@>4>;68B5;L=>AB8 >?5@0F8>==>3> F8:;0 (2 @07@575 >B45;L=KE 53> AB0489) >?B8<878@C5BAO >1J5< 8 C@>25=L >B45;L=KE 284>2 MB8E 0:B82>2. !@54AB2>< B0:>9 >?B8<870F88 2KABC?05B =>@<8@>20=85 ?5@8>40 8E >1>@>B0 8 AC<<K. 0 B@5BL5< MB0?5 >?@545;O5BAO >1I89 >1J5< >1>@>B=KE 0:B82>2 ?@54?@8OB8O =0 ?@54AB>OI89 ?5@8>4 !>25@H5=AB2>20=85 45OB5;L=>AB8 ?@54?@8OB8O 2 >1;0AB8 >?B8<870F88 >1>@>B=KE A@54AB2 <>65B 1KBL CA;>2=> @0745;5=> =0 =5A:>;L:> =0?@02;5=89: 0) 0 AB0488 A>740=8O ?@>872>4AB25==KE 70?0A>2: 2=54@5=85 M:>=><8G5A:8 >1>A=>20==KE =>@< 70?0A0; H8@>:>5 8A?>;L7>20=85 ?@O<KE 4;8B5;L=KE A2O759; @0AH8@5=85 A:;04A:>9 A8AB5<K <0B5@80;L=>-B5E=8G5A:>3> >15A?5G5=8O, 0 B0:65 >?B>2>9 B>@3>2;8 <0B5@80;0<8 8 >1>@C4>20=85<; 1) 0 AB0488 >1@0I5=8O: ?@81;865=85 ?>B@518B5;59 ?@>4C:F88 : 55 873>B>28B5;O<; A>25@H5=AB2>20=85 A8AB5<K @0AG5B>2; C25;8G5=85 >1J5<0 @50;87>20==>9 ?@>4C:F88 2A;54AB285 2K?>;=5=8O 70:07>2 ?> ?@O<K< A2O7O<, 4>A@>G=>3> 2K?CA:0 ?@>4C:F88, 873>B>2;5=8O ?@>4C:F88 87 AM:>=><;5==KE <0B5@80;>2; BI0B5;L=0O 8 A2>52@5<5==0O ?>41>@:0 >B3@C605<>9 ?@>4C:F88 ?> ?0@B8O<, 0AA>@B8<5=BC, B@0=78B=>9 =>@<5, >B3@C7:0 2 AB@>3>< A>>B25BAB288 A 70:;NG5==K<8 4>3>2>@0<8. "0:65 ?@>2545< @5AB@C:BC@870F8N 704>;65==>AB59 ?@54?@8OB8O. AE>4O 87 25;8G8=K A>1AB25==KE A@54AB2 ?@54?@8OB88 2 2010 3. 8 25;8G8=K :>MDD8F85=B0 02B>=><88 (45=56=K5 A@54AB20 ?@8 02B 0,5), 705<=K5 A@54AB20 4>;6=K 1KBL @02=K A>1AB25==K<, B.5. 1759 BKA.@C1.. & .. 3.2 5@K ?> A=865=8N ?@54?@8=8<0B5;LA:8E @8A:>2  CA;>28OE @K=>G=>9 M:>=><8:8 70;>3>< 2K68205<>AB8 ?@54?@8OB89 O2;O5BAO 8E CAB>9G82>5 ?>;>65=85, >15A?5G5=85 :>B>@>3> 70:;NG05BAO 2 ?>AB>O==>< ?>2KH5=88 MDD5:B82=>AB8 8E DC=:F8>=8@>20=8O.  MB8E CA;>28OE >1J5:B82=>9 =5>1E>48<>ABLN O2;O5BAO ?>AB@>5=85 >?5@0B82=>9 A8AB5<K C?@02;5=8O D8=0=A>2K<8 @5AC@A0<8. 0==K9 ?>4E>4 >?8@05BAO =0 420 >A=>2=KE ?@8=F8?0. >-?5@2KE, >?5@0B82=>5 C?@02;5=85 D8=0=A0<8 @0AA<0B@8205BAO, :0: G0ABL :><?;5:A=>9 A8AB5<K C?@02;5=8O D8=0=A0<8 >@30=870F88. >-2B>@KE, C?@02;5=85 D8=0=A0<8 @0AA<0B@8205BAO, :0: C?@02;5=85 ?@>F5AA0<8. #?@02;5=85 ?@>F5AA>< - 5ABL A?>A>1 =081>;55 MDD5:B82=>3> 4>AB865=8O ?>AB02;5==KE F5;59 8 2 >1I5< A;CG05 >ACI5AB2;O5BAO ?> AE5<5: F5;L  AB@0B538O  B0:B8:0  >?5@0B82=>5 C?@02;5=85 8 ?@0:B8G5A:>5 8A?>;=5=85. >340 @5GL 845B >1 C?@02;5=88 D8=0=A0<8 >@30=870F88, B> ?>4 ?@>F5AA>< A;54C5B ?>=8<0BL ?>;CG5=85 D8=0=A>2KE @5AC@A>2 2 :0G5AB25 2K@CG:8 8;8 ?@82;5G5=85 705<=KE A@54AB2 8 @0A?@545;5=85 8E <564C B5<8 8;8 8=K<8 =0?@02;5=8O<8 8A?>;L7>20=8O, 0 B0:65 >?@545;5=85 2@5<5==KE 8=B5@20;>2, 2 :>B>@KE 1C45B ?@>8AE>48BL D>@<8@>20=85 8 8A?>;L7>20=85 40==KE @5AC@A>2. @8 MB>< C?@02;5=85 D8=0=A0<8 70:;NG05BAO 2 ?@8=OB88 @5H5=89 > ?@82;5G5=88 8 8A?>;L7>20=88 D8=0=A>2KE @5AC@A>2 A F5;LN ?>;CG5=8O =081>;LH53> M:>=><8G5A:>3> MDD5:B0. ><?;5:A=>9 A8AB5<>9 C?@02;5=8O D8=0=A0<8 <>6=> AG8B0BL B0:>9 <5E0=87<, :>B>@K9 >15A?5G8205B DC=:F8>=8@>20=85 8 2708<>459AB285 2A5E C@>2=59 C?@02;5=8O: AB@0B538G5A:>3>, B0:B8G5A:>3> 8 >?5@0B82=>3>. 0 AB@0B538G5A:>< C@>2=5 ?@8=8<0NBAO @5H5=8O, :0A0NI85AO :@C?=KE 4>;3>A@>G=KE 2;>65=89 A@54AB2 8 <5B>4>2 8E D8=0=A8@>20=8O, 0 B0:65 ACI5AB25==KE 87<5=5=89 2 AB@C:BC@5 >@30=870F88 8 <5B>40E 2545=8O 187=5A0. =AB@C<5=B>< C?@02;5=8O =0 40==>< C@>2=5 O2;O5BAO >4>2>9 1N465B. 0 B0:B8G5A:>< C@>2=5 ?@8=8<0NBAO @5H5=8O, A2O70==K5 A >15A?5G5=85< B5:CI59 ;8:284=>AB8. "0:B8G5A:85 @5H5=8O @50;87CNBAO 2 B5G5=85 >4=>3> <5AOF0 8 =5 8<5NB 4>;3>A@>G=KE ?>A;54AB289.  @0<:0E A8AB5<K B0:B8G5A:>3> C?@02;5=8O D8=0=A0<8 7040NBAO ?;0=>2K5 ?>:070B5;8 ?> 2>7=8:=>25=8N 8 ?>30H5=8N >1O70B5;LAB2 8 D>@<8@CNBAO 45B0;L=K5 ?;0=K @0AE>4>20=8O A@54AB2 =0 :0;5=40@=K9 <5AOF. ?5@0B82=>5 C?@02;5=85 D8=0=A0<8 =0?@02;5=> =0 ?@0:B8G5A:>5 2K?>;=5=85 B5E @5H5=89, :>B>@K5 1K;8 ?@8=OBK =0 B0:B8G5A:>< C@>2=5. 5@2>>G5@54=>9 F5;LN >?5@0B82=>3> C?@02;5=8O D8=0=A0<8 O2;O5BAO ?>445@60=85 =5>1E>48<>3> 4;O >ACI5AB2;5=8O @0AG5B>2 C@>2=O ?;0B565A?>A>1=>AB8. 0@O4C A ?5@2>>G5@54=>9 F5;LN >?5@0B82=>3> C?@02;5=8O D8=0=A0<8, <>6=> 2K45;8BL @O4 4@C38E F5;59. =8 O2;ONBAO F5;O<8 1>;55 2KA>:>3> ?>@O4:0, B> 5ABL >15A?5G5=85 01A>;NB=>9 ;8:284=>AB8 O2;O5BAO =5>1E>48<K<, => =54>AB0B>G=K< CA;>285< 4;O 8E 4>AB865=8O.  >1I5< 2845 85@0@E8O F5;59 >?5@0B82=>3> C?@02;5=8O D8=0=A0<8 2K3;O48B A;54CNI8< >1@07><: <0:A8<870F8O M:>=><8G5A:>3> MDD5:B0, ?>;CG05<>3> >B 8A?>;L7>20=8O 45=56=KE A@54AB2; ?>445@60=85 @5?CB0F88 ?0@B=5@0, 2K?>;=ONI53> >1O70B5;LAB20; >15A?5G5=85 CAB>9G82>3> C@>2=O ?;0B565A?>A>1=>AB8, :0: 2 :@0B:>A@>G=><, B0: 8 2 4>;3>A@>G=>< ?5@8>45. ;O 4>AB865=8O MB8E F5;59 4>;65= 1KBL @5H5= F5;K9 :><?;5:A 2708<>A2O70==KE 7040G.  =081>;55 206=K< 7040G0< ?@0:B8G5A:>3> E0@0:B5@0 <>6=> >B=5AB8 A;54CNI85: >15A?5G8BL 2708<>A2O7L ?@>872>4AB25==KE 8 D8=0=A>2KE ?;0=>2 >@30=870F88; ?>445@6820BL =081>;55 ;8:284=CN G0ABL >1>@>B=KE A@54AB2 =0 C@>2=5, 4>AB0B>G=>< 4;O ?@>2545=8O 5654=52=KE @0AG5B>2; A25AB8 : <8=8<C<C @8A: 7045@6:8 206=59H8E ?;0B5659 ?@8 87<5=5=88 CA;>289 D8=0=A8@>20=8O; A>740BL <5E0=87<K :>=B@>;O 70 459AB28O<8 <5=5465@>2, C?>;=><>G5==KE ?@8=8<0BL @5H5=8O ?> @0AE>4>20=8N A@54AB2; A2>52@5<5==> >15A?5G820BL 8=D>@<0F859 > A>AB>O=88 @0AG5B>2 >@30=870F88; & & & 3.3 F5=:0 MDD5:B82=>AB8 ?@54;>65==KE <5@>?@8OB89 > <=5=8N A?5F80;8AB>2, 8<5NI8E ?@0:B8:C 2=54@5=8O A8AB5<K >?5@0B82=>3> C?@02;5=8O D8=0=A>2K<8 @5AC@A0<8, M:>=><8G5A:89 MDD5:B 1C45B 70:;NG0BLAO 2 A;54CNI5<: A>:@0I5=88 C@>2=O 4518B>@A:>9 704>;65==>AB8 8 :0: A;54AB285 A>:@0I5=88 :@0B:>A@>G=KE >1O70B5;LAB2; >?B8<870F88 25;8G8=K =0;8G=KE 45=56=KE A@54AB2 2 :0AA5 8 =0 @0AG5B=>< AG5B5. > <=5=8N A?5F80;8AB>2, @07@01>B:0 8 2=54@5=85 :@548B=>9 ?>;8B8:8 ?>72>;O5B A>:@0B8BL 4> 50% ?@>A@>G5==>9 4518B>@A:>9 704>;65==>AB8, GB> 2 A2>N >G5@54L ?>72>;O5B 70<5B=> C:@5?8BL D8=0=A>2CN CAB>9G82>ABL >@30=870F88 8 A?>A>1AB2C5B 53> ?;0B565A?>A>1=>AB8 2 :@0B:>A@>G=>< ?5@8>45.  =0H5< A;CG05 ?@>3=>78@C5<K9 @>AB 2K@CG:8 A>AB028B 15%, ?@8 MB>< ?@8@>AB A515AB>8<>AB8 1C45B =01;N40BLAO B>;L:> 2 G0AB8 ?5@5<5==KE 70B@0B (>=8 A>AB02;ONB 75%), ?><8<> MB>3> A515AB>8<>ABL 2K@0AB5B =0 25;8G8=C 70B@0B ?> @50;870F88 ?@>5:B0 <5@>?@8OB89.  ?5@A?5:B82=KE ?>:070B5;OE <>6=> AC48BL ?> 40==K< B01;8FK 3.6. "01;8F0 3.6 @>3=>7=>5 7=0G5=85 D8=0=A>2KE @57C;LB0B>2 45OB5;L=>AB8  3@>25=B 08<5=>20=85 ?>:070B5;O2011@>3=>77<5=5=85, BKA. @C1."5<? @>AB0, %K@CG:0 >B ?@>4068 ?@>4C:F88, @01>B 8 CA;C3, BKA. @C1.!515AB>8<>ABL, BKA. @C1.0;>20O ?@81K;L, BKA. @C1. 0 >A=>20=88 40==KE B01;8FK <>6=> A45;0BL A;54CNI85 2K2>4K.  A;CG05 @50;870F88 @07@01>B0==KE <5@>?@8OB89  3@>25=B 2K@CG:0 >B @50;870F88 2K@0AB5B =0 8344,5 BKA. @C1., A515AB>8<>ABL =0 6154,18 BKA. @C1. @8 MB>< B5<? @>AB0 A515AB>8<>AB8 =5A:>;L:> =865, G5< B5<? @>AB0 2K@CG:8, GB> >1JOA=O5BAO MDD5:B>< <0AHB010.  @57C;LB0B5 ?@54AB02;O5BAO 2>7<>6=K< 4>?>;=8B5;L=> ?>;CG8BL 484,75 BKA. @C1. 20;>2>9 ?@81K;8, GB> >15A?5G8B 55 ?@8@>AB =0 29,45%. @>3=>7=>5 87<5=5=85 2K@CG:8  3@>25=B A CG5B>< 40==KE 70 2011 3. =0 ?;0=8@C5<K9 3>4 (2012) 3>4 ?@54AB02;5=> =0 @8AC=:5 3.6. & & & & 0:;NG5=85  70:;NG5=85 2K?CA:=>9 :20;8D8:0F8>==>9 @01>BK ?>42545< 8B>3.  ?@54?@8=8<0B5;LA:>9 45OB5;L=>AB8 ?>4 @8A:>< ?@8=OB> ?>=8<0BL 25@>OB=>ABL (C3@>7C) ?>B5@8 ?@54?@8OB85< G0AB8 A2>8E @5AC@A>2, =54>?>;CG5=8O 4>E>4>2 8;8 ?>O2;5=8O 4>?>;=8B5;L=KE @0AE>4>2 2 @57C;LB0B5 >ACI5AB2;5=8O >?@545;5==>9 ?@>872>4AB25==>9 8 D8=0=A>2>9 45OB5;L=>AB8. @>2545==K5 8AA;54>20=8O ?>:07K20NB, GB> =081>;55 459AB25==K< <5E0=87<>< <8=8<870F88 2A5E 284>2 @8A:0 O2;O5BAO A>740=85 MDD5:B82=>9 A8AB5<K >@30=870F88 @8A:-<5=546<5=B0 =0 ?@54?@8OB88. "0:0O A8AB5<0 4>;6=0 >15A?5G820BL: 1) A2>52@5<5==>5 2KO2;5=85 8 >F5=:C @8A:>>1@07CNI8E D0:B>@>2, ?CBQ< @07@01>B:8 2=CB@5==8E ?>;>65=89, >?@545;ONI8E >1I85 ?@8=F8?K 8 <5B>48:8 C?@02;5=8O @8A:><, =5>1E>48<K5 ;8<8BK 8 >3@0=8G5=8O; 2) 548=AB2> A8AB5<K 2=CB@5==53> 8 2=5H=53> :>=B@>;O, 4>AB830NI53>AO @07@01>B:>9 ?@>F54C@K :>=B@>;O 4;O 2A5E 187=5A-?@>F5AA>2 8 >A=>2K20NI59AO =0 B0:8E ?@>F54C@0E :>=B@>;O :0: ?>43>B>2:0 8B>3>2KE >BGQB>2 70 ?5@8>4, <>=8B>@8=3 A>25@H05<KE >?5@0F89 =0 C@>2=5 2A5E ?>4@0745;5=89, A>>B25BAB285 8<5NI8<AO B@51>20=8O< 8 ?>;>65=8O<, ?@>F54C@K ?@>25@>: 8 A25@>:; 3) 30@0=B8@>20BL =0;8G85 4>AB>25@=>9, B>G=>9, A2>52@5<5==>9, 4>ABC?=>9 8 ?>;=>F5==>9 8=D>@<0F88 4;O ?@8=OB8O @5H5=89 8 >F5=:8 B5:CI59 45OB5;L=>AB8, GB> 4>AB8305BAO =0;8G85< =04Q6=KE :0=0;>2 A2O78 8 @07@01>B:>9 MDD5:B82=KE AE5< ?5@540G8 8=D>@<0F88 >B25BAB25==K< ;8F0<; 4) =5?@5@K2=K9 <>=8B>@8=3 B5:CI59 45OB5;L=>AB8, :>B>@K9 >7=0G05B ?>AB>O==K9 :>=B@>;L 70 =081>;55 206=K<8 @8A:0<8. 1J5:B>< ?@0:B8G5A:>3> 87CG5=8O 40==>9 @01>BK O2;O;>AL 87CG5=85 >A>15==>AB8 C?@02;5=8O ?@54?@8=8<0B5;LA:8<8 @8A:0<8 ?@54?@8OB8O  3@>25=B. "0:, =0 >A=>20=88 2K2>4>2 A45;0==KE ?> @57C;LB0B0< @0AG5B>2, <>6=> >B<5B8BL A;54CNI55.  ?5@8>4 A 2009-2011 3>4K ?@>87>H;8 ACI5AB25==K5 87<5=5=8O 2 AB@C:BC@5 8<CI5AB20 ?@54?@8OB8O: AB>8<>ABL 8<CI5AB20 70 0=0;878@C5<K9 ?5@8>4 C25;8G8;0AL =0 16686 BKA. @C1. -B> A2O70=>, ?@5645 2A53>, A C25;8G5=85< AB>8<>AB8 2=5>1>@>B=KE 0:B82>2 =0 13500 BKA. @C1. 8 A C25;8G5=85< >1>@>B=KE 0:B82>2 =0 3186 BKA. @C1. !B@C:BC@0 705<=KE A@54AB2 70 0=0;878@C5<K9 ?5@8>4 ?@5B5@?5;0 4>AB0B>G=K5 87<5=5=8O. @548B>@A:0O 704>;65==>ABL ?>AB02I8:0< 2>7@>A;0 =0 12278 BKA. @C1. AA;54>20=85 10;0=A0 ?> AB0BLO< ?>:070;>, GB> @>AB 704>;65==>AB8 =01;N40;AO ?> 2A5< ?>78F8O< :@548B>@A:8E @0AG5B>2. 1@0B82 A2>5 2=8<0=85 =0 0:B82 10;0=A0, 345 ?@>87>H;> C25;8G5=85 ?> AB0BLO< 0?0AK <>6=> ?@54?>;>68BL, GB> @>AB :@548B>@A:>9 704>;65==>AB8 ?>AB02I8:0< >1JOA=O5BAO MB8< D0:B>< 8 GB> MB> =5 ?@>A@>G5==0O :@548B>@A:0O 704>;65==>ABL.  ?@>F5AA5 >F5=:8 D8=0=A>2>3> A>AB>O=8O ?@54?@8OB8O 2KOA=8;>AL, GB> >=> A>>B25BAB2C5B 4 B8?C D8=0=A>2>9 A8BC0F88, ?@8 :>B>@>< ?@54?@8OB85 =0 3@0=8 10=:@>BAB20, ?>A:>;L:C 2 40==>9 A8BC0F88 45=56=K5 A@54AB20, :@0B:>A@>G=K5 F5==K5 1C<038 8 4518B>@A:0O 704>;65==>ABL =5 ?>:@K20NB 4065 53> :@548B>@A:>9 704>;65==>AB8. $8=0=A>20O CAB>9G82>ABL <>65B 1KBL 2>AAB0=>2;5=0 ?CB5< >1>A=>20==>3> A=865=8O 70?0A>2 8 70B@0B. 8:284=>ABL 10;0=A0 ?@54?@8OB8O <>6=> >E0@0:B5@87>20BL :0: =54>AB0B>G=CN. AE>4O 87 B>3>, GB> 40==K5 ?>:070B5;59 ;8:284=>AB8 =865 =>@<0B82=KE, <>6=> A45;0BL 2K2>4, GB> ?@54?@8OB85 =5?;0B565A?>A>1=>. "0:8< >1@07><, =0 >A=>20=88 ?@>2545==>3> 2 =0AB>OI59 @01>B5 0=0;870 D8=0=A>2>3> A>AB>O=8O ?@54?@8OB8O, <>6=> >E0@0:B5@87>20BL D8=0=A>2>-E>7O9AB25==>5 A>AB>O=85 2 ?5@8>4 A 2009 3. ?> 2011 3. :0: =5C4>2;5B2>@8B5;L=>5 8 ?@87=0BL 53> 10;0=A B0:65 =5C4>2;5B2>@8B5;L=K<. 5OB5;L=>ABL  3@>25=B ?>425@65=0 H8@>:><C A?5:B@C @8A:>2, A2O70==KE A 2;8O=85< D0:B>@>2 :0: 2=5H=59 (AB@0B538G5A:85 8 AB@0=>2K5 @8A:8, @8A:8 @53C;8@>20=8O, D8=0=A>2K5 @8A:8), B0: 8 2=CB@5==59 A@54K (>?5@0F8>==K5 @8A:8). 0: 284=> 87 ?@>2545==>3> 0=0;870, =0 ?@54?@8OB88 ?@0:B8G5A:8 >BACBAB2C5B A8AB5<0 C?@02;5=8O ?@54?@8=8<0B5;LA:8<8 @8A:0<8, >F5=:0 @8A:>2 B0:65 =5 ?@>872>48BAO, 2A;54AB285 G53> D8=0=A>2>5 A>AB>O=85 ?@54?@8OB8O =5CAB>9G82>, >=> =0E>48BAO =0 3@0=8 10=:@>BAB20. 57C;LB0BK 0=0;870 ?>:070;8, GB>  3@>25=B 2>AAB0=>28BL @02=>25A85 <>6=> 70 AG5B A;54CNI8E <5@>?@8OB89: >?B8<870F8O A>>B=>H5=8O A>2>:C?=KE @07<5@>2 2=5>1>@>B=KE 8 >1>@>B=KE 0:B82>2 ?@54?@8OB8O >?B8<870F8O A>>B=>H5=8O <564C 0:B82=>9 8 ?0AA82=>9 G0ABLN 2=5>1>@>B=KE 0:B82>2. >?B8<870F8O A>>B=>H5=8O B@5E >A=>2=KE 284>2 >1>@>B=KE ;O >?B8<870F88 A>>B=>H5=8O >A=>2=KE >1>@>B=KE A@54AB2 ?@54?@8OB8N 1K;> ?@54;>65=> @0745;5=85 =0 =5A:>;L:> =0?@02;5=89, ?> @07;8G=K< MB0?0<: 2=54@5=85 M:>=><8G5A:8 >1>A=>20==KE =>@< 70?0A0; H8@>:>5 8A?>;L7>20=85 ?@O<KE 4;8B5;L=KE A2O759; @0AH8@5=85 A:;04A:>9 A8AB5<K <0B5@80;L=>-B5E=8G5A:>3> >15A?5G5=8O, 0 B0:65 >?B>2>9 B>@3>2;8 <0B5@80;0<8 8 >1>@C4>20=85<; @0728B85 AB0=40@B870F88, C=8D8:0F88, B8?870F88; C25;8G5=85 C45;L=>3> 25A0 ?@>4C:F88, ?>;L7CNI59AO ?>2KH5==K< A?@>A><. ?@81;865=85 ?>B@518B5;59 ?@>4C:F88 : 55 873>B>28B5;O<; A>25@H5=AB2>20=85 A8AB5<K @0AG5B>2; C25;8G5=85 >1J5<0 @50;87>20==>9 ?@>4C:F88 2A;54AB285 2K?>;=5=8O 70:07>2 ?> ?@O<K< A2O7O<, 4>A@>G=>3> 2K?CA:0 ?@>4C:F88, 873>B>2;5=8O ?@>4C:F88 87 AM:>=><;5==KE <0B5@80;>2; BI0B5;L=0O 8 A2>52@5<5==0O ?>41>@:0 >B3@C605<>9 ?@>4C:F88 ?> ?0@B8O<, 0AA>@B8<5=BC, B@0=78B=>9 =>@<5, >B3@C7:0 2 AB@>3>< A>>B25BAB288 A 70:;NG5==K<8 4>3>2>@0<8.  MB8E CA;>28OE >1J5:B82=>9 =5>1E>48<>ABLN O2;O5BAO ?>AB@>5=85 >?5@0B82=>9 A8AB5<K C?@02;5=8O D8=0=A>2K<8 @5AC@A0<8. ;O MB>3> 2 8AA;54>20=88 1K; ?@54;>65= ?>4E>4, >A=>20==K9 =0 A;54CNI8E ?@8=F8?0E. >-?5@2KE, >?5@0B82=>5 C?@02;5=85 D8=0=A0<8 @0AA<0B@8205BAO, :0: G0ABL :><?;5:A=>9 A8AB5<K C?@02;5=8O D8=0=A0<8 >@30=870F88. >-2B>@KE, C?@02;5=85 D8=0=A0<8 @0AA<0B@8205BAO, :0: C?@02;5=85 ?@>F5AA0<8. =0G8B5;L=K5 A@54AB20 >@30=870F88 >B2;5G5=K =0 D>@<8@>20=85 53> 70?0A>2 8 2 4518B>@A:CN 704>;65==>ABL. 1J5:B82=>9 =5>1E>48<>ABLN O2;O5BAO @07@01>B:0 <5@>?@8OB89 ?> A>:@0I5=8N 40==KE AB0B59 0:B820 10;0=A0, GB> 2 A2>N >G5@54L ?>72>;8B =0?@028BL 2KA2>1>482H85AO A@54AB20 =0 ?>30H5=85 :@0B:>A@>G=KE >1O70B5;LAB2. @>F5AA C?@02;5=8O 4518B>@A:>9 704>;65==>ABLN =52>7<>65= 157 :@548B=>9 ?>;8B8:8 - A2>40 ?@028;, @53;0<5=B8@CNI8E ?@54>AB02;5=85 :><<5@G5A:>3> :@548B0 8 ?>@O4>: 27KA:0=8O 4518B>@A:>9 704>;65==>AB8. @548B=0O ?>;8B8:0 ?@8=8<05BAO =0 3>4, ?> 8AB5G5=88 :>B>@>3> CB>G=ONBAO F5;8 8 7040G8, ?@8=OBK5 AB0=40@BK, ?>4E>4K 8 CA;>28O. > <=5=8N A?5F80;8AB>2, @07@01>B:0 8 2=54@5=85 :@548B=>9 ?>;8B8:8 ?>72>;O5B A>:@0B8BL 4> 50% ?@>A@>G5==>9 4518B>@A:>9 704>;65==>AB8, GB> 2 A2>N >G5@54L ?>72>;O5B 70<5B=> C:@5?8BL D8=0=A>2CN CAB>9G82>ABL >@30=870F88 8 A?>A>1AB2C5B 55 ?;0B565A?>A>1=>AB8 2 :@0B:>A@>G=>< ?5@8>45. > <=5=8N A?5F80;8AB>2 8<5NI8E ?@0:B8:C 2=54@5=8O A8AB5<K >?5@0B82=>3> C?@02;5=8O D8=0=A>2K<8 @5AC@A0<8 M:>=><8G5A:89 MDD5:B 1C45B 70:;NG0BLAO 2: A>:@0I5=85 C@>2=O 4518B>@A:>9 704>;65==>AB8 8 :0: A;54AB285 A>:@0I5=88 :@0B:>A@>G=KE >1O70B5;LAB2; >?B8<870F88 25;8G8=K =0;8G=KE 45=56=KE A@54AB2 2 :0AA5 8 =0 @0AG5B=>< AG5B5.  =0H5< A;CG05 ?@>3=>78@C5<K9 @>AB 2K@CG:8 A>AB028B 15%, ?@8 MB>< ?@8@>AB A515AB>8<>AB8 1C45B =01;N40BLAO B>;L:> 2 G0AB8 ?5@5<5==KE 70B@0B (>=8 A>AB02;ONB 75%), ?><8<> MB>3> A515AB>8<>ABL 2K@0AB5B =0 25;8G8=C 70B@0B ?> @50;870F88 ?@>5:B0 <5@>?@8OB89.  A;CG05 @50;870F88 @07@01>B0==KE <5@>?@8OB89 ?> C;CGH5=8N D8=0=A>2>3> A>AB>O=8O 8 ?CB59 ?@54>B2@0I5=8O =5A>AB>OB5;L=>AB8 (10=:@>BAB20)  3@>25=B 2K@CG:0 >B @50;870F88 2K@0AB5B =0 8344,5 BKA. @C1., A515AB>8<>ABL =0 6154,18 BKA. @C1. @8 MB>< B5<? @>AB0 A515AB>8<>AB8 =5A:>;L:> =865, G5< B5<? @>AB0 2K@CG:8, GB> >1JOA=O5BAO MDD5:B>< <0AHB010.  @57C;LB0B5 ?@54AB02;O5BAO 2>7<>6=K< 4>?>;=8B5;L=> ?>;CG8BL 484,75 BKA. @C1. 20;>2>9 ?@81K;8, GB> >15A?5G8B 55 ?@8@>AB =0 29,45%. 0 >A=>20=88 ?@>2545==KE @0AG5B>2 <>6=> A45;0BL 2K2>4 >1 M:>=><8G5A:>9 MDD5:B82=>AB8 8 F5;5A>>1@07=>AB8 @07@01>B0==KE <5@>?@8OB89. 8B5@0BC@0 @0640=A:89 :>45:A $ '0ABL I >B 30.11.1994 ! 51-$ 8 '0ABL II >B 26.01.1996 ! 14-$. - .: !?@02>G=>-?@02>20O A8AB5<0  ", 2012. 0;>3>2K9 :>45:A $ '0ABL I >B 31 8N;O 1998 3. ! 146-$. - .: !?@02>G=>-?@02>20O A8AB5<0  ", 2012. $545@0;L=K9 70:>= >B 26.10.2002 N 127-$. (@54. >B 06.12.2011)  =5A>AB>OB5;L=>AB8 (10=:@>BAB25). - .: !?@02>G=>-?@02>20O A8AB5<0  ", 2012. $545@0;L=K9 70:>=  1CE30;B5@A:>< CG5B5 >B 21 =>O1@O 1996 3. ! 129-$.  .: !?@02>G=>-?@02>20O A8AB5<0  ", 2012. # CE30;B5@A:0O >BG5B=>ABL >@30=870F88 4/99 >B 06 8N;O 1999 3. ! 43=. - .: !?@02>G=>-?@02>20O A8AB5<0  ", 2012. # #G5B=0O ?>;8B8:0 ?@54?@8OB8O 1/2008 >B 06 >:BO1@O 2008 3. ! 106=. - .: !?@02>G=>-?@02>20O A8AB5<0  ", 2012. ;5:A5520 .. ><?;5:A=K9 M:>=><8G5A:89 0=0;87 E>7O9AB25==>9 45OB5;L=>AB8.  .: => CA, 2011.  712A. @B5<5=:> .., AB0?>20 .. =0;87 D8=0=A>2>9 >BG5B=>AB8: #G51=>5 ?>A>185.  .: <530-, 2011.  268A. @E8?>2 .. $8=0=A>2K9 <5=546<5=B: CG51=8:.  .: $8=0=AK 8 AB0B8AB8:0, 2010.  320A. 040;>20 .. >=:@5B870F8O >1J5:B0 @8A:-<5=546<5=B0 =0 >A=>25 @07@01>B:8 A10;0=A8@>20==>9 :;0AA8D8:0F88. // #?@02;5=85 D8=0=A>2K<8 @8A:0<8.  2011. - ! 3.  !. 214-220. 09:8=0 !.. #G5B 8 0=0;87 10=:@>BAB2. #G51=>5 ?>A>185.  .: 0H:>2 8 , 2012.  220A. 0:0=>2 .., (5@5<5B .. "5>@8O M:>=><8G5A:>3> 0=0;870.  .: $8=0=AK 8 AB0B8AB8:0, 2011.  536A. & & .. 1P2B3r33*456<78809:=8CFIKNLOO$ & F Zdh^a$gdA< $dha$gdA<$dh`a$gdA<$ dh`a$gdA<OPQ\RBSSTbUjUUjXZ ]$]]]]]$d$Ifa$gdA<l $dha$gdA< $dha$gdA< $dha$gdA<$dh`a$gdA<$ & F Zdh^a$gdA<jUUHVJVxWzWXX:\<\\\]]]4^6^B^D^^^^^^^^^6_8_:___aacc.xRTޏӺӺӺӺӺӣӣӣӣӣӺӺӆrӺӺӺ&hA<CJOJPJQJ^JaJnHtHhA<0hL/hA<CJNHOJPJQJ^JaJnHtH,hL/hA<CJOJPJQJ^JaJnHtH0hL/hA<CJNHOJPJQJ^JaJnHtH,hL/hA<CJOJPJQJ^JaJnHtH*hL/hA<6OJPJQJ]^JnHtH,]&^B^$d$Ifa$gdA<lB^D^(kd_G$$IfTlr<M% y t0%644 lap2ytA<TD^^^^^^$d$Ifa$gdA<l^^(kdH$$IfTlr<M% y t0%644 lap2ytA<T^^^^^^$d$Ifa$gdA<l^^(kdH$$IfTlr<M% y t0%644 lap2ytA<T^._0_2_4_6_$d$Ifa$gdA<l6_8_:_($d`a$gdA<kdxI$$IfTlr<M% y t0%644 lap2ytA<T:_bccc^d~f6hi|lnxoswz`|t~<ʃn܄Z$ & F Ztdh^a$gdA< $dha$gdA<$dh`a$gdA<Z R x(bhjd$ & F lhdh^ha$gdA< $dha$gdA<gdA<$dh`a$gdA<$ & F Ztdh^a$gdA<ޏbdDFPRhj\^нЬhA<$hL/hA<CJNHOJQJ^JaJ hL/hA<CJOJQJ^JaJ$hL/hA<OJPJQJ^JnHtH,hL/hA<CJOJPJQJ^JaJnHtH0hL/hA<CJNHOJPJQJ^JaJnHtHxj:$ & F lhdh^ha$gdA< ,1h. A!"R#n$n% }DyK _Toc324811553}DyK _Toc324811553}DyK _Toc324811554}DyK _Toc324811554}DyK _Toc324811555}DyK _Toc324811555}DyK _Toc324811556}DyK _Toc324811556}DyK _Toc324811557}DyK _Toc324811557}DyK _Toc324811558}DyK _Toc324811558}DyK _Toc324811559}DyK _Toc324811559}DyK _Toc324811560}DyK _Toc324811560}DyK _Toc324811561}DyK _Toc324811561}DyK _Toc324811562}DyK _Toc324811562}DyK _Toc324811563}DyK _Toc324811563}DyK _Toc324811564}DyK _Toc324811564}DyK _Toc324811565}DyK _Toc324811565}DyK _Toc324811566}DyK _Toc324811566}DyK _Toc324811567}DyK _Toc324811567}DyK _Toc324811568}DyK _Toc324811568$$If!vh5Z 5 5h #vZ #v #vh :Vl4E&6+5Z 5 5h ytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:Vl4E&6+5Z 55n55ytA<Tkd%$$IfTl4֞ qQ1"% Z nn0E&644 lapFytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:VlE&65Z 55n55ytA<Tkd$$IfTl֞ qQ1"%Z nn0E&644 lapFytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:VlE&65Z 55n55ytA<Tkd$$IfTl֞ qQ1"%Z nn0E&644 lapFytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:VlE&65Z 55n55ytA<Tkdp$$IfTl֞ qQ1"%Z nn0E&644 lapFytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:VlE&65Z 55n55ytA<Tkd0$$IfTl֞ qQ1"%Z nn0E&644 lapFytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:VlE&65Z 55n55ytA<Tkd$$IfTl֞ qQ1"%Z nn0E&644 lapFytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:VlE&65Z 55n55ytA<Tkd $$IfTl֞ qQ1"%Z nn0E&644 lapFytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:VlE&65Z 55n55ytA<Tkdp#$$IfTl֞ qQ1"%Z nn0E&644 lapFytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:VlE&65Z 55n55ytA<Tkd0&$$IfTl֞ qQ1"%Z nn0E&644 lapFytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:VlE&65Z 55n55ytA<Tkd($$IfTl֞ qQ1"%Z nn0E&644 lapFytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:VlE&65Z 55n55ytA<Tkd+$$IfTl֞ qQ1"%Z nn0E&644 lapFytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:VlE&65Z 55n55ytA<Tkdp.$$IfTl֞ qQ1"%Z nn0E&644 lapFytA<T$$If!vh5Z 55n5n555#vZ #v#vn#v#v:VlE&65Z 55n55ytA<Tkd01$$IfTl֞ qQ1"%Z nn0E&644 lapFytA<T Dd   !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~G,F      !"#$%&'()*+S./0123456789:;<=>?@ABCDETHIJKLMNOPQRUVWZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~Root Entry  F0AYX2 Data -JWordDocument .ObjectPoolkNX20AYX2_1398549610!FkNX2ВNX2Ole EPRINT,HCompObjf  !"#$%&'()*+,-/ !F Microsoft ExcelBiff8Excel.Chart.89q Oh+'0@HT` x *s*sMicrosoft Excel@|ْ@EŰ2l!!@ @9. EMF,H!@ hF, EMF+@XXF\PEMF+"@ @ $@ !@ 0@?@     !" !" !  RpArial Cyr4\J "h4xB51dhJh0TGArial Cyr\J "0k>u_q>u h\T|0dv% RpArial Cyr4`M "h4x4I0dhMh08\HArial Cyr\J "0k>u_q>u] \8|0dv% % % % % % % % % RpArial Cyrx*0"h4x4I0dhCh0IArial Cyr\J "0k>u_q>u \|0dv% % % % % % % % % % % % % % % % % % % % % % % % % % " !%   b &% '%     +!!@ % % % " !% % %   b '% ( % (    V0&% % % % " !% % %   TH    666@6@c6c66% % % " !% % %   b TH &% (   6666% % % " !% % %   b % % % " !% % %   !!A % % % " !% % %   % % % " !% % %   &% ( '% (    V0EJJJV0@Y E^^EE^V0e H0 j M+ M+ j j M'3f% (  3fV0~V0V0& [ + ` ` + + `'% (  V0wh|c|c|V0   V0       '% (  V0^)c$$ccV0 N  I I   V0 t oo  % % % " !% % %   % % % " !% % %   b &% (   6% v6v6v6v6v@6@vc6cv6v6666 6 6% % % " !% % %   b % % % % % % % % " !% % %   :    Tp!"@@LX125360******% % % % % " !% % %   b % % % % % % % " !% % %   .N  Tp'"5"@@'LX100456******% % % % % " !% % %   b % % % % % % % " !% % %   V > =  Tla 2 $"@@a LX55630*****% % % % % " !% % %   b % % % % % % % " !% % %   s  TpZ"@@LX120236******% % % % % " !% % %   b % % % % % % % " !% % %   y  Tl`"@@LX96522*****% % % % % " !% % %   b % % % % % % % " !% % %     P  Tl#  7"@@# LX53984*****% % % % % " !% % %   b % % % % % % % " !% % %    q  Td X"@@LT3934****% % % % % " !% % %   b % % % % % % % " !% % %   z8l  Td,S"@@LT5124****% % % % % " !% % %   b % % % % % % % " !% % %    5   Td G "@@ GLT1646****% % % % % " !% % %   b % % % % % % % " !% % %   [  TdB"@@LT3860****% % % % % " !% % %   b % % % % % % % " !% % %     ]  Td  D"@@ LT2943****% % % % % " !% % %   b % % % % % % % " !% % %   .q  Td9X"@@9LT1192****% % % % % " !% % %   b % % % % " !% % %   b    TT#P"@@#LP0.TlkP"@@kLX20000.....TlkP%"@@kLX40000.....TlkPH"@@kLX60000 .....TlkPk"@@kLX80000.....Tp=3P"@@=3LX100000......Tp=UP"@@=ULX120000......Tp=xP"@@=xLX140000......% % % " !% % %   b % % % " !% % %   b   Tx #W"@@ L\2009 3.....TxFI W"@@FL\2010 3.....Txk n W"@@k L\2011 3.....% % % " !% % %   b % % % % % % % % " !% % %   Rr<   Td^/ "@@^LT3>4K#35G% % % % % " !% % %   b % % % % % % % " !% % %   1i  RpArial Cyr!uH8"ǹ0!p A 0!tl^`0!`20-! ll} 00-0-^^Cu7< >u7CuZ`0k>u_q>up A\Pv`0dv% T|]"@@]L\BKA.@C1.)G.3.3% ( % % % % % " !% % %   b % '% (     +TG % % % " !% % %   UG % % % " !% % %   UG &% ( '% (     +  T  "@@L1J5< @50;87>20==>9 ?@>4C:F88A04.9...0.&.,.....-..0'$0..% % % " !% % %   UG % % % " !% % %   UG &% ( '3f% (  3f  +C u   T,/ ' "@@/ %L!515AB>8<>ABL @50;87>20==>9 ?@>4C:F88<.0.*&..9.*&+...0.&.,.....-..0'$0..% % % " !% % %   UG % % % " !% % %   UG &% ( '% (    +    T n "@@ Lx@81K;L >B @50;870F88<..0<0+.&...0.&.0..% % % " !% % %   UG % % % " !% % %   UG &% ( '% (    +L ~   T8 < "@@8 Lh'8AB0O ?@81K;L7.*&.--..0<0+% % % " !% % %   UG % % % " !% % %   b % % % " !% % %   b &% ( % (     +!!@ % % ( % " b !  " !  ( ( ( " F4(EMF+*@$??FEMF+@ ObjInfo Workbook-1SummaryInformation( DocumentSummaryInformation8, (\p* Ba= =j #<X@"1" Arial Cyr1" Arial Cyr1" Arial Cyr1" Arial Cyr1.Times New Roman1" Arial Cyr1" Arial Cyr1" Arial Cyr1" Arial Cyr1" Arial Cyr1" Arial Cyr1" Arial Cyr1" Arial Cyr1" Arial Cyr/#,##0"@.";\-#,##0"@."9#,##0"@.";[Red]\-#,##0"@.";#,##0.00"@.";\-#,##0.00"@."E #,##0.00"@.";[Red]\-#,##0.00"@."k*3_-* #,##0"@."_-;\-* #,##0"@."_-;_-* "-""@."_-;_-@_-k)3_-* #,##0_@_._-;\-* #,##0_@_._-;_-* "-"_@_._-;_-@_-{,;_-* #,##0.00"@."_-;\-* #,##0.00"@."_-;_-* "-"??"@."_-;_-@_-{+;_-* #,##0.00_@_._-;\-* #,##0.00_@_._-;_-* "-"??_@_._-;_-@_-#"0";"0";"5B"5"AB8=0";"AB8=0";">6L")":;";":;";"K:;"Y*[$ -2]\ ###,000_);[Red]\([$ -2]\ ###,000\)                , *  + )  8  8"   8"  8  `  803@0<<01;8AB1-8AB2.8AB3TZR3 A@@  1J5< @50;87>20==>9 ?@>4C:F88%!515AB>8<>ABL @50;87>20==>9 ?@>4C:F88@81K;L >B @50;870F88'8AB0O ?@81K;L2009 3.2010 3.2011 3. ~  (MHP LaserJet M1120 MFP4 4XXSDDMHP LaserJet M1120 MFP Z(d>4" dXX??3`  `   ` ( ` ( ` (Ж|=O3Sdd23 M NM4 3Q: >1J5< @50;87>20==>9 ?@>4C:F88Q ;Q ;Q3_4E4 3Q: N%!515AB>8<>ABL @50;87>20==>9 ?@>4C:F88Q ;Q ;Q3_4E4 3Q: .@81K;L >B @50;870F88Q ;Q ;Q3_4E4 3Q:  '8AB0O ?@81K;LQ ;Q ;Q3_4E4D$% M3O&Q4$% M3O& Q4FA} 3OaDZ 3 b#M& 43*#M& ! M4% o M3O& Q  3>4K'4% |'MZ3O1& Q BKA.@C1.'4523  O43" Of 9 3ONd @% M#3O& Q423 M NM443_ M NM  MM< 444% M$3O&Q'4% M$3O&Q'4% M$3O&Q'4% ZM$3O&Q'4% fZM$3O&Q'4% + M$3O&Q'4% M$3O&Q'4% 9M$3O!&Q'4% " DM$3O#&Q'4% yZM$3O(&Q'44e2009 3.2009 3.2009 3.2009 3.2010 3.2010 3.2010 3.2010 3.2011 3.2011 3.2011 3.2011 3.e@Z@@(@@@@@)@\@@@e> Sd (  dMbP?_*+%M6Microsoft XPS Document WriterX 4dXXA4DINU"L r SMTJMicrosoft XPS Document WriterInputBinFORMSOURCERESDLLUniresDLLInterleavingOFFImageTypeJPEGMedOrientationPORTRAITCollateOFFResolutionOption1PaperSizeLETTERColorMode24bpp MXDW" dXX??U} I,J J J J J     @@)@ Z@@\@ @@@ (@@@@P4***(  j  0NMM?! K`]`  ("??3`  `  `   Oab3Sdd23 M NM4 3Q: >1J5< @50;87>20==>9 ?@>4C:F88Q ;Q ;Q3_4E4 3Q: N%!515AB>8<>ABL @50;87>20==>9 ?@>4C:F88Q ;Q ;Q3_4E4 3Q: .@81K;L >B @50;870F88Q ;Q ;Q3_4E4 3Q:  '8AB0O ?@81K;LQ ;Q ;Q3_4E4D $% M3O&Q4$% M3O& Q4FA 3O )3 b#M43*#M! M4% NM3O&Q  3>4K'4% ^cMZ3O!.&Q BKA.@C1.'4523  O43" . 43O% M#3OQ44444eee >@Sd7 (  dMbP?_*+%"??;U>@7 (  dMbP?_*+%"??;U>@7 @Sd7 (  dMbP?_*+%"??;U>@7 (  dMbP?_*+%"??;U>@7 ՜.+,0 PXd lt| A 123 1  Oh+'0l  ( 4 @LT\d$5b  c $A? ?3"`?" Rh!)PsM: 44@= Rh!)PsM:tEwn[@ xmlTqݻ9k4$D>㰋E,[ *LTAT;=5ҨjZW$F nUUh%D?BI4U@qgޭc͝а3oל1 Lb엜~g2va7tv0760v2X߆P6ŧⶍlx{ ^FŶ D,m;PNU \+6rK&={ϱ v(l ^nǩO԰!~kQɚWUrUgxXHd;mm@>֯Vd,flgw :}2snU$̿I5VIm?>|<;3dfRw%.'yd[̝ܶsw񛑁l|;U$Fo lgyOd9R^걦$.''@l92`+M}d-' }Ck?}T8ߌ{{#^\xg+9^C-^CZA#.j5nf8ک8h__9Eo EFۥomA{xd5j>H|D_OdbCll[w~O+q&|":S>k:Og7aw>vr*}ݗףwo} {LoVog;w֢_D`]) C);i?j 3l? O̩/9" |ӃU חk]ފ뻻R:ʾ~ G0j&IoRޓE_| s"Bvz5F}Wt?K~dlŻ*.}t>: (8{ ~=u;ꢋ\B7 mK1IFpqt"ŷ\tqw&p"oԨuӽhi0gE_05˸=w leL^S(eAfw8vS8B{scY9wWQ+s' _Toc32481156338 _Toc32481156232 _Toc3248115613, _Toc3248115603& _Toc3248115593  _Toc3248115583 _Toc3248115573 _Toc3248115563 _Toc3248115553 _Toc3248115543 _Toc324811553  F Microsoft Office Word MSWordDocWord.Document.89qX`X A<1KG=K9 d$CJOJQJ^J_HaJmHsHtH ^`^ A< 03>;>2>: 1$<@&5CJ KH OJQJ\^JaJ ``` A< 03>;>2>: 2$<@& 56CJOJQJ\]^JaJBA@B A=>2=>9 H@8DB 0170F0Xi@X 1KG=0O B01;8F04 l4a .k. 5B A?8A:04`4 A< 3;02;5=85 1<`< A< 3;02;5=85 2 ^:U`: A< 8?5@AAK;:0 >*B*ph~`# A<!5B:0 B01;8FK 1z:V0jj PJ6]6] psod'uw R &j m9v()pj3!"\###d$$% '$)[))3*b**k+++L,,o--.E.o./ 1\111 222383s333Q44?5/66667)7~777777777777778 8 8 8 8 888@8A8B8C8D8E8F8G8h8i8j8k8l8m8n8o8888888888888888888888888 99999999;9<9=9>9?9@9A9B9Y9Z9[9\9]9^9_9`999999999999999999999999999A:;<a=E>>> @@AaACC EREEE3F/GGHtII JHJJJJJKYK_KmM6NP(QsQQvST VgWNXX'Zw[u\R^^_`aab&dePgg9hihhhDi\iiidjkAkl l;llgn?qstuvIwwwxxDyy zTzXzz{|)~5~|~~~~~~~~~~~:;<=>?@ҁ_q Ӎݎ.ڑВy(L)_ԞWXdUdߡX*+000000000000000000000w0w0w0w0w0w0w0w 0w 0w 0w 0w 0w 0w 0w 0w 0w0w0w0w0w0w00)0p0p0p0p0p0p0)00000 0 0 0 000000000000)0+0+0+0+00.0E.0E.0E.0E.0E.0E.0E. 0E. 0E. 0E. 0E. 0E. 0E. 0E. 0E.0E.0E.0E.0.066066066066066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 066 0660660660660660660660660660660660660.0A0A0A0A 0A 0A 0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A0A00(Q0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0sQ0(Q0 l0 l0 l0 l0 l0 l0 l 0 l 0 l 0 l0 l 0 l 0 l 0 l 0 l 0 l0 l0(Q0Xz0Xz0Xz0Xz0Xz0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz 0Xz0Xz0Xz0Xz000000000000000 0 0 00 0 0 0 0 0 0 0  0  0 000000000 0X 0X 0X 0X 0X 0X 0X 0X 0X 0 X 0 X 0 X00 $ ,B <j\@jbxr`jUޏWZ[\]^_`abcdefghijklmnortx}8f\pnTwwxyz{f1O]B^D^^^^^6_:_ZXpqsuvwyz{|~Y $%EOkmnpRnpqsMilmoB^abd`|   /6i!$%'GSorsu999IIIIJJJJJJJJ X%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕX%ĕ̕:::::% _Hlt324811963 _Hlt324812295 _Toc324811553 _Toc324811554 _Toc324811555 _Toc324811556 _Toc324811557 _Toc324811558 _Toc324811559 _Toc324811560 _1381041360 _1383992456 _1383992470 _1383992483 _1383992511 _1383992535 _1383992568 _1383992644 _1383992662 _1383992667 _1383992697 _1383993410 _1383993417 _1383993448 _1383993479 _1386286280 _1386286315 _1386286331 _1398549610 _Toc324811561_GoBack _Toc324811562 _Toc324811563 _Toc324811564 _Toc324811565 _Toc324811566 _Toc324811567NDx*p+.E.669999999999999999999A(Q)QsQ lXzY@@ @ @ @ @@@@@@@@@@@@@@@@ !"#$NDoK,D.n.69999999999999999999_A(QrQQ9lzcZA%^ZA&^ZA&^ZA'^!'C*urn:schemas-microsoft-com:office:smarttagsmetricconverter 1996 31998 31999 32008 3 ProductIDY e IY_g'7.6#+!!\#_#''((x(y(((/)2)))))))))**,,,,;.C.e.m.}..//Q1Y11111I2Q2a6i666e7m7(:0:z::<<VA^AAACCRD[DE E>JAJBJCJ>l l=xx|~~:y(LXd=Uq s'l*ƲwEN}0_M]M-Ma wj  ^`hH. ^`hH. pLp^p`LhH. @ @ ^@ `hH. ^`hH. L^`LhH. ^`hH. ^`hH. PLP^P`LhH.-ZZ^Z`OJQJo(hH--ee^e`OJQJ^Jo(hHo-5 5 ^5 `OJQJo(hH-^`OJQJo(hH-^`OJQJ^Jo(hHo-^`OJQJo(hH-uu^u`OJQJo(hH-EE^E`OJQJ^Jo(hHo-^`OJQJo(hH-ZZ^Z`OJQJo(hH--ee^e`OJQJ^Jo(hHo-5 5 ^5 `OJQJo(hH-^`OJQJo(hH-^`OJQJ^Jo(hHo-^`OJQJo(hH-uu^u`OJQJo(hH-EE^E`OJQJ^Jo(hHo-^`OJQJo(hH-ZZ^Z`OJQJo(hH--ee^e`OJQJ^Jo(hHo-5 5 ^5 `OJQJo(hH-^`OJQJo(hH-^`OJQJ^Jo(hHo-^`OJQJo(hH-uu^u`OJQJo(hH-EE^E`OJQJ^Jo(hHo-^`OJQJo(hH-ZZ^Z`OJQJo(hH--ee^e`OJQJ^Jo(hHo-5 5 ^5 `OJQJo(hH-^`OJQJo(hH-^`OJQJ^Jo(hHo-^`OJQJo(hH-uu^u`OJQJo(hH-EE^E`OJQJ^Jo(hHo-^`OJQJo(hH-ZZ^Z`OJQJo(hH--ee^e`OJQJ^Jo(hHo-5 5 ^5 `OJQJo(hH-^`OJQJo(hH-^`OJQJ^Jo(hHo-^`OJQJo(hH-uu^u`OJQJo(hH-EE^E`OJQJ^Jo(hHo-^`OJQJo(hH-ZZ^Z`OJQJo(hH--ee^e`OJQJ^Jo(hHo-5 5 ^5 `OJQJo(hH-^`OJQJo(hH-^`OJQJ^Jo(hHo-^`OJQJo(hH-uu^u`OJQJo(hH-EE^E`OJQJ^Jo(hHo-^`OJQJo(hH-Ma s'*wEN w=U_M]dddddd|;/t0HE5$C! q1 f  ) - "$)jD}b{-ih-ziCgpP!">$%>%2&|);)*G*,-5-c-f .4.&].F/c/z/J0Wn2t2n4^"586*7]7`e7<$9A<=D=>a>I@86BFB^B4(F0F:FS:GU[IJ$JZJTK{5L^LNOZO\P@rP QpOQ-SCRS\ V+.V.ZK[2\n\_{]_4bcqbkd'ieoggliGkWk_9lllnpn9?9@9A9B9Y9Z9[9\9]9^9_9`99999999999999999999999999 EHJi;lTz||~~~~~~~~~~~:;<=>?5AdG9-? @8P M%pIJRPP PPPPPPPUnknownG:Ax Times New Roman5Symbol3& :Cx Arial;(SimSun[SO7&@ CalibriG5  jMS Mincho-3 fg?5 :Cx Courier New;Wingdings"qhBzGGzGPT+PT+!n24 2qHX ?2DenisDenis(