abba powiedz mi slowo wybor

background image

Z@HrH

ôúŒčØ

Õʡ㗢ãčô

background image
background image

rúŒčØ«ôÜã Õʂ

Hʈ;荫—ÃV—¢Ãè¼ãHZ

rÕØÊô“ÿ—ë—«ÕØÿ—¹Á“ʂ

ZʈAÁ¢ÊØÿãÊعÊôܹHZ

Z@HrH

ôúŒčØ

Õʡ㗢ãčô

background image

3URMHNWRNïDGNL

.RUHNWD

$JQLHV]ND1LHÊ

,PSULPLSRWHVW

ŀR6]\PRQ+Lĝ\FNL26%RSDWW\QLHFNL

!

"

#

$

%

$

%

#

&

'

%

$

'

%

'

(

)

*

+

XO%HQHG\NW\ñVND.UDNöZ

,

'

$

-

.

/

$

$

%

&

%

0

1

2

3

,

'

$

-

.

/

$

$

%

&

%

&

%

4

3

5

4

6

4

5

4

4

'UXNLRSUDZD

5

4

background image

ZÕ«ÜãØ—Ď«

"

7

8

9

:

8

;

9

<

=

>

?

9

;

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

A

$EEDSRZLHG]PLVïRZR

60DïJRU]DWD%RUNRZVND26%

¥ZLDGNRZLHSU\PDWX%RJD

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

B

:DUWRĂÊF]ïRZLHND

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

D

2ERZLÈ]NLRFKU]F]RQHJRZHGïXJb2MFöZ3XVW\QL

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

E

B

2GGXV]\ļSUDZRZLHUQRĂFL

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

E

E

2GMÚ]\NDļSUDZGRPöZQRĂFL

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

F

G

2GFLDïDļUR]WURSQRĂFL

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

F

E

ķ0RGOLWZDXERJDĵX2MFöZ3XVW\QL

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

H

B

5ROD(XFKDU\VWLLZZDOFH]bV]DWDQHPX2MFöZ3XVW\QL

@

@

@

@

@

@

A

A

0RW\ZUDMXRG]\VNDQHJRZDSRIWHJPDWDFK

2MFöZ3XVW\QL

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

I

B

:\EöUDSRIWHJPDWöZ

$EEDRMFLHF

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

G

A

8FLHNDMRGOXG]L

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

B

D

6LHGěZFHOL

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

C

G

*G]LHNROZLHNMHVWHĂ

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

C

A

0öGOVLÚLSUDFXM

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

D

D

=DGDZDMVRELHWUXG

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

D

I

background image

J

6SLVWUHĂFL

=UR]WURSQRĂFLÈLXPLDUHP

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

E

A

']LHïRQDGG]LHïDPL

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

F

E

'OD%RJDVDPHJR

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

H

B

1LHPRMDZROD

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

H

A

6WUDFLÊ]ïXG]HQLD

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

A

D

3\WDM

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

A

I

0öZLÊF]\PLOF]HÊ

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

K

H

=JU]HV]\ïHPFRURELÊ"

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

B

I

F

'UÚF]ÈPQLHP\ĂOL

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

G

C

-DN]GRE\ÊERMDěñ%RĝÈ"

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

B

B

-DNVLÚPRGOLÊ"

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

B

H

:UöJ]DZVW\G]RQ\

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

C

D

,PEDUG]LHMVLÚ]EOLĝDÊGR%RJD

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

D

G

&KFLDïE\PLMDWDNSïDNDÊ

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

D

E

,MDMHVWHPJU]HV]QLNLHP

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

E

G

1LHPDZLÚNV]HMPLïRĂFL

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

E

A

1DMPïRGVLGDMÈFLSU]\NïDG

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

F

H

.RELHW\LOXG]LHĂZLHFF\

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

H

F

1LHU]ÈGQLFHZ\SU]HG]ÈZDV

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

A

E

2VWDWQLHVïRZR

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

K

G

6NUöW\

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

K

A

%LEOLRJUDğD

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

K

I

3RFKRG]HQLHDSRIWHJPDWöZ

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

C

I

D

,QGHNVLPLRQ

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

D

G

B

,QGHNVWHPDW\F]Q\

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

@

D

G

F

background image

L

H“ôú“ôëãô

"

.VLÈĝND $EED SRZLHG] PL VïRZR V 0DïJRU]D

W\ %RUNRZVNLHM 26% XND]DïD VLÚ MXĝ Z QDV]\P Z\
GDZQLFWZLHMDNRMHGHQDVW\WRPLNZVHULLķ=7UDG\FML
0QLV]HMĵ 7R ZVSDQLDïH SRSXODUQH ZSURZDG]HQLH
Z GXFKRZRĂÊ PQLFKöZ HJLSVNLFK ]DFKÚFD GR OHNWX
U\VDP\FKDSRIWHJPDWöZ2MFöZ3XVW\QL:QDV]\P
Z\GDZQLFWZLHXND]Dï\VLÚLFKF]WHU\]ELRU\1DMZF]H
ĂQLHMXND]DïDVLÚ

WDN]ZDQ\

7HQVDP]ELöUQD]\ZDQ\MHVWF]DVHP.VLÚ

JÈ 6WDUFöZ ] JUHFNLHJR *HURQWLNRQ ,VWQLHMH NLOND
Z\GDñWHJR]ELRUX:QDV]\PZ\GDZQLFWZLHXND]Dï
VLÚ MDNR F]ZDUW\ WRP VHULL ķ½UöGïD 0RQDVW\F]QHĵ
-DNRGUXJLWRP$SRIWHJPDWöZ2MFöZ3XVW\QLXND]DïD
VLÚXQDV

½UöGïD0RQDVW\F]

QHWRP7U]HFLWRPWR$SRIWHJPDW\2MFöZ3XVW\
QL =ELRU\ HWLRSVNLH Z\EöU 0QLHMV]H ]ELRU\ JUHFNLH
=ELRU\ ïDFLñVNLH 2SRZLDGDQLD GOD GXV]\ SRĝ\WHF]QH
3DZïD]0RQHPZD]ML-DQD0RVFKRVDZ\EöU
½UöGïD
0RQDVW\F]QH WRP , F]ZDUW\ WRP
2MFöZ3XVW\QL=ELöUDQRQLPRZ\Z\GDQ\SU]H])UD
QÎRLV1DX
½UöGïD0RQDVW\F]QHWRP

background image

M

N

O

P

N

Q

O

R

S

T

U

O

Q

6DPH NROHNFMH DSRIWHJPDWöZ F]ÚĂFLRZR VLÚ SR

NU\ZDMÈ 7ZöUF\ SRV]F]HJöOQ\FK ]ELRUöZ F]HUSDOL
]SRGREQ\FKěUöGHïUHGDJXMÈFVZRMH]ELRU\ZHGïXJ
LQQHJRSRU]ÈGNXF]DVDPLSRGDZDOLLQQÈUHGDNFMÚWHJR
VDPHJRDSRIWHJPDWX.DĝGDNROHNFMDPDMHGQDNVZR
MH RU\JLQDOQH QLHSRZWDU]DOQH VHQWHQFMH 2MFöZ 3X
VW\QL7UXGQR]DWHP]Z\NïHJRF]\WHOQLNDRGV\ïDÊGR
ZV]\VWNLFK]ELRUöZW\PEDUG]LHMĝHREHFQLHQLHPD
ZV]\VWNLFK SU]HWïXPDF]RQ\FK D ZF]HĂQLHM Z\GDQH
QLH]DZV]HVÈRVLÈJDOQH:WHMV\WXDFMLNVSURI0D
UHN6WDURZLH\VNLUHGDNWRUSROVNLHJRWïXPDF]HQLDSR
V]F]HJöOQ\FK WRPöZ DSRIWHJPDWöZ ]DSURSRQRZDï
DE\ Z\NRU]\VWDÊ Z\EöU QDMOHSV]\FK DSRIWHJPDWöZ
MDNLSRGW\WXïHP$EEDSRZLHG]PLVïRZRZ\GDïR/X
FLHQ5HJQDXOW26%PQLFK]6ROHVPHVĂZLDWRZHMVïD
Z\Z\GDZFDSRV]F]HJöOQ\FK]ELRUöZDSRIWHJPDWöZ
LLFKIUDQFXVNLFKSU]HNïDGöZ3RVWDQRZLOLĂP\]DWHP
SRïÈF]\ÊGZLHNVLÈĝHF]NLRW\PVDP\PW\WXOHZMHGQÈ
FDïRĂÊGDMÈFF]\WHOQLNRZL]DUöZQR]QDNRPLW\ZVWÚS
GR GXFKRZRĂFL 2MFöZ 3XVW\QL MDN Z\EöU VDP\FK
DSRIWHJPDWöZ]ZV]\VWNLFK]ELRUöZXïRĝRQ\ZHGïXJ
S\WDñ]DGDZDQ\FK2MFRP

background image

ZʈAÁ¢ÊØÿãÊعÊôܹHZ

ŒŒʃÕÊô«—“ÿ«ÜÁÊôÊʈʈʈ

"

background image
background image

V

V

Ĉô«“¹Êô«—ÕØúãèÊ¢

W

"

,GÈF SR VïRZR GR 2MFöZ SRZLQQLĂP\ MHGQDN

ZLHG]LHÊ SU]\QDMPQLHM Z RJöOQ\P ]DU\VLH GR NRJR
ZïDĂFLZLH LG]LHP\" .LP RQL VÈ" 2GSRZLHGě Z\
GDMH VLÚ SURVWD WR WDF\ FR RGHV]OL QD SXVW\QLÚ $OH
WDNL]HZQÚWU]Q\RSLVQLF]HJRQLHZ\MDĂQLD-HĝHOLZL
G]Ú F]ïRZLHND NWöU\ ZELMD ïRSDWÚ Z ]LHPLÚ DOH QLH
ZLHP'/$&=(*2WRURELWRQLHZLHPWDNĝHF]\
MHVWRJURGQLNLHPF]\PRĝHK\GUDXOLNLHPDOERVDSH
UHPPRĝHE\ÊUöZQLHGREU]HWHUURU\VWÈDOERPLQL
VWUHP NWöU\ SU]\MHFKDï ]DLQDXJXURZDÊ XURF]\ĂFLH
MDNÈĂ EXGRZÚ -HĝHOL ZLG]Ú F]ïRZLHND NWöU\ MDN WR
SU]\Z\NïR VLÚ PöZLÊ ķSRU]XFLï ĂZLDWĵ D QLH ZLHP
FRQLPNLHURZDïRZMDNLHMLQWHQFMLWRURELïWRPRJÚ
VLÚ Z QLP GRP\ĂODÊ RGOXGND PDONRQWHQWD HNRORJD
XNU\ZDMÈFHJRVLÚSU]HVWÚSF\REUDĝRQHMSULPDGRQQ\ļ
F]HJRGXV]D]DSUDJQLH3RGNUHĂODPWDNWHQSUREOHP
ERZLHOXGDZQLHMLG]LVLDMSU]\FKRG]LGR2MFöZSR
ķVïRZRĵ]]XSHïQLHEïÚGQ\PSRMÚFLHPRW\PGRNRJR

X

.RQIHUHQFMD Z\JïRV]RQD Z .ROHJLDFLH ĂZ $QQ\ Z .UDNRZLH

GQLDU

background image

V

Y

60DïJRU]DWD%RUNRZVND26%

SU]\FKRG]È)DVF\QXMHUDG\NDOL]PLPÈGURĂÊ2MFöZ
GRP\ĂODMÈ VLÚ QDZHW VQXMÈF XF]RQH SDUDOHOH ĝH FRĂ
]WHJRUDG\NDOL]PXPRJïRE\SRPöFWDNĝHLOXG]LRP
ĂZLHFNLPDOER]DUDG]LÊEROÈF]NRPG]LVLHMV]\FKF]D
VöZDMHGQDNěUöGïRWHJRUDG\NDOL]PXLWHMPÈGURĂFL
SR]RVWDMHGODQLFK]XSHïQÈWDMHPQLFÈ3DWU]ÈFERZLHP
] ]HZQÈWU] QD ķSRU]XFHQLHĵ ĂZLDWD QD U]HF]\ZLVWH
ğ]\F]QH RGGDOHQLH VLÚ RG VSRïHF]HñVWZD ĂZLHFNLFK
DïDWZR]DSRPQLHÊĝHLPQLVLWZRU]\OLQDZHWQDSX
VW\QLVSRïHF]QRĂÊPDMÈFÈVZRMHSUDZDLZ\PDJDQLD
SDWU]ÈFQDWZDUGHUHDOLDLFKĝ\FLDQDSRVW\EUDNVQX
SRĝ\ZLHQLDRG]LHĝ\QDFLHUSOLZHDF]DVHPLGREUR
ZROQLHSU]\MPRZDQHFLHUSLHQLDļïDWZRX]QDÊLFKĝ\
FLH]DMHGQÈZLHONÈQHJDFMÚ,ZWHG\UXV]DPDFKLQDGR
P\VïöZVNÈGWDQHJDFMD":WHG\PöZLVLÚRQLHFKÚFL
QDZHWQLHQDZLĂFLGRVSRïHF]HñVWZDGRF\ZLOL]DFMLGR
FLDïDGRPDWHULL$OHQHJDFMÈQLHGDVLÚĝ\Ê0öZLÚWR
QLHRGVLHELHDOHRGSLÚWQDVWXZLHNöZGRĂZLDGF]HQLD
PRQDVW\F]QHJR1HJDFMÈĝ\ÊVLÚQLHGD.WRSUöEX
MH RSU]HÊ VZöM VW\O ĝ\FLD QD MDNLPĂ ZLHONLP PöZLH
QLXķ1LHĵWHQDOERV]\ENRGRMG]LHGRZQLRVNXĝHVÈ
FLHNDZV]HU]HF]\Zĝ\FLXGRURERW\DOERVWRF]\VLÚ
ZHGOHXVSRVRELHQLDLRNROLF]QRĂFLZF\QL]PZQDU
NRPDQLÚZSU]HVWÚSF]RĂÊ=HVSöïOXG]NL]MHGQRF]R
Q\ SU]H] ZVSöOQÈ LGHÚ QHJDFML VNRñF]\ MDNR JUXSD
KLSSLVöZDOERDQDUFKLVWöZ3RSURVWXWDNLHĝ\FLHMHVW
VSU]HF]QH]QDWXUÈOXG]NÈLGRF]HJRNROZLHNE\SUR
ZDG]LïRGRĂZLÚWRĂFLZNDĝG\PUD]LHSURZDG]LÊQLH

background image

V

Z

¥ZLDGNRZLHSU\PDWX%RJD

PRĝH¥ZLÚWRĂÊMHVWV]WXNÈDğUPDFMLERMHVW]JRGQD
]QDWXUÈOXG]NÈLGODQLHM]DSODQRZDQD7\ONRNWRĂNWR
QLHW\ONRVDPQLJG\QLHSUöERZDïĝ\FLDPRQDVW\F]
QHJRDOHJRVRELHQDZHWZ\REUD]LÊQLHSRWUDğPRĝH
Z\SURZDG]DÊMH]MDNLHMNROZLHNZLHONLHMQHJDFML$OER
]UHV]WÈ L ] PDïHM QD SU]\NïDG ] ]DZRGX PLïRVQHJR
ZF]\PFHORZDOLQDVL;,;ZLHF]QLSRZLHĂFLRSLVDU]H

6NÈGMHGQDNZWDNLPUD]LHELRUÈVLÚZV]\VWNLHWH

Z\U]HF]HQLD 2MFöZ VNÈG LFK U]HF]\ZLVWH L GRVWU]H
JDOQH GOD NDĝGHJR RGHMĂFLH RG ]Z\F]DMQHM OXG]NLHM
VSRïHF]QRĂFL RG ]GRE\F]\ F\ZLOL]DFML RG PDMÈWNX"
-HĂOL WR ZV]\VWNR QLH E\ïR GOD QLFK JRGQ\P SRJDU
G\]ïHPMHĂOLE\ïRF]\PĂGREU\PGODF]HJRRGHV]OL"
&]\PRĝQDFRĂSRU]XFDÊMHĂOLVLÚWRDğUPXMHQDZHW
NRFKD" 0RĝQD MHĝHOL QD GURG]H VWDQLH MDNDĂ GUXJD
PLïRĂÊ MHV]F]H ZLÚNV]D -HVW WR ]MDZLVNR GRVNRQDOH
ZĂZLHFLH]QDQHL]XSHïQLHQLHZLDGRPRGODF]HJRW\OX
OXG]LQLHPRĝHWXGRVWU]HFSRGRELHñVWZD0ïRG]LOX
G]LH]DZLHUDMÈFPDïĝHñVWZRFKRÊE\SU]\W\PPXVLHOL
Z\MHFKDÊQLHQDUDĝDMÈVLÚSU]H]WRQDSRGHMU]HQLHĝH
QLHQDZLG]ÈURG]LFöZLĝHWR]WHMQLHQDZLĂFLRGHV]OL
&]ïRZLHNNWöU\HPLJUXMHE\PöFXWU]\PDÊURG]LQÚ
QLH QDUDĝD VLÚ QD SRVÈG]HQLH R ]GUDGÚ RMF]\]Q\ 3R
SURVWX]MDZLïVLÚZLÚNV]\RERZLÈ]HNVLOQLHMV]DPLïRĂÊ
SRVWDZLïD Z\PDJDQLH RGHMĂFLD -HĝHOL PRĝQD Z W\P
NRQWHNĂFLHXĝ\ÊVïRZDQLHQDZLĂÊWRFK\EDW\ONRZWD
NLP ]QDF]HQLX Z MDNLP Xĝ\ï JR &KU\VWXV PöZLÈF
ĝHQLHPRĝHE\ÊXF]QLHP-HJRNWRĂNWRE\ķQLHPLDï

background image

V

[

60DïJRU]DWD%RUNRZVND26%

ZQLHQDZLĂFLĵZV]\VWNLHJRSR]D1LPïÈF]QLH]VREÈ
VDP\P

\

2]QDF]DWRSRSURVWXĝHPLïRĂÊ&KU\VWXVD

PXVLE\ÊVLOQLHMV]DQLĝZV]\VWNLHLQQHPLïRĂFL

,W\ONRWHQNWRĂZLDWNRFKDLNRFKDOXG]LSRWUDğ

LFKSRU]XFLÊWDNĝHE\LPNU]\ZG\QLH]URELÊDQDZHW
RGGDÊSU]\VïXJÚ3R]DW\PWHQW\ONRNWRĂZLDWFHQL
PRĝHSRU]XFDMÈFJRRND]DÊ%RJXPLïRĂÊ:\ERUHP
VZRLP PöZL QLHMDNR ķ3RQDG ZV]\VWNR FR NRFKDP
LFHQLÚNRFKDPLFHQLÚ&LHELHĵ1DWRPLDVWNWRĂNWR
ĂZLDWDQLHFHQLOXG]LQLHQDZLG]LNWRPDZVHUFXSR
JDUGÚLQHJDFMÚMHĝHOLQDZHWZ\ELHUDĝ\FLHPRQDVW\F]
QHWRW\PZ\ERUHPPöZL%RJXķ1LFZDUWRĂFLRZHJR
QLH VWZRU]\ïHĂ D MD Z\ELHUDP MXĝ RVWDWHF]QLH UDF]HM
&LHELHQLĝWHZV]\VWNLHSDVNXG]WZDĵ&]\WDNSU]H
PDZLDPLïRĂÊ"

:LÚF PLPR ZV]\VWNLFK SU]HFLZQ\FK REMDZöZ

]HZQÚWU]Q\FK PLPR ]QDQHJR IUD]HVX R ķSRJDUG]LH
ĂZLDWDĵ PLPR SR]RUöZ QLHQDZLĂFL L QHJDFML MHĝHOL
FKFHP\ ]UR]XPLHÊ 2MFöZ PXVLP\ SDPLÚWDÊ ĝH WR
MHVW W\ONR IDVDGD RNU\ZDMÈFD LVWRWÚ U]HF]\ 7R WDN
MDN ] W\PL GZRPD SRVWÚSRZ\PL NUDVQROXGNDPL FR
UR]PDZLDï\Z\ïÈF]QLHSU]H]WHOHIRQ-HGHQPLHV]NDï
ZHZQÈWU] EXG\QNX D GUXJL QD ]HZQÈWU] WHQ GUXJL
SRVWU]HJDïGRPMDNREU\ïÚZ\SXNïÈLGRNRñFDĝ\FLD
QLHGDïVLÚSU]HNRQDÊĝHMHVWWRUöZQLHĝSU]HVWU]Hñ
ZNOÚVïDDQDZHWZLÚFHMĝHZ\SXNïRĂÊSRZVWDïDW\ONR

]

3RU’N

background image

V

^

¥ZLDGNRZLHSU\PDWX%RJD

MDNRRFKURQDRZHMZNOÚVïRĂFL$ğUPDFMDĂZLDWDSU]H]
2MFöZ]GHU]DVLÚ]VLOQLHMV]ÈRZLHOHDğUPDFMÈ%RJD
PRĝH]]HZQÈWU]Z\JOÈGDÊF]DVHPZWHMV\WXDFMLMDN
QLHQDZLĂÊDOHQLÈQLHMHVW*G\E\E\ïDQLNWE\GRQLFK
]HĂZLDWDQLHSLHOJU]\PRZDïSRķVïRZRĵPRĝQDE\VLÚ
ERZLHP VïXV]QLH REDZLDÊ ĝH ] QLHQDZLĂFL SRZLHG]È
QDPWDNLHNWöUHQDV]P\OLDOERZSÚG]LZQHUZLFÚ

&]\MHGQDNPXVLQDVWÈSLÊ]GHU]HQLHGZöFKPLïR

ĂFLNRQĠLNWPLÚG]\QLPL"&]\QLHPRĝQDDOER]DS\
WDMP\QDZHWF]\QLHOHSLHMNRFKDÊ%RJDLĂZLDWSR
]RVWDMÈF ZĂUöG OXG]L" 7X ZFKRG]LP\ Z WHRUHW\F]QH
UR]ZDĝDQLDRZLHORĂFLSRZRïDñZ.RĂFLHOHNWöUHRG
F]DVöZRMFöZ]RVWDï\MXĝ]QDF]QLHSRVXQLÚWHQDSU]öG
8]QDMHP\ G]LĂ MXĝ EH] SUREOHPX ĝH SRZRïDñ MHVW
ZLHOH-HĂOLFKRG]LRSRZRïDQLHPRQDVW\F]QHWRPLDïR
RQR HSRNL Z NWöU\FK QLNW QLH PXVLDï DQL JR XVSUD
ZLHGOLZLDÊDQLX]DVDGQLDÊG]LVLDMWU]HEDSRZLHG]P\
ZLÚFSRSURVWXĝH%öJMHVWJRG]LHQWHJRĝHE\E\OL
OXG]LHNWöU]\SRĂZLÚFÈĝ\FLHZLHOELHQLXLPLïRZDQLX
*RQLHRJOÈGDMÈFVLÚQDĝDGQHLQQHZ]JOÚG\5HV]WD
.RĂFLRïD]UHV]WÈQLFQDW\PQLHWUDFLDQDZHWPRĝH
]\VNDÊ1LHEÚGÚWHJRWHPDWXUR]ZLMDÊJG\ĝ2MFRZLH
QLH]QDOLWHRUHW\F]Q\FKUR]ZDĝDñLUDF]HMLFKQLHOX
ELOLZLHG]LHOLĝH%öJLFKZ]\ZDLWRLPZ\VWDUF]DïR
&]\LZMDNLPVWRSQLXLGRF]HJRZ]\ZDWDNĝHLQQ\FK
OXG]L QLHNWöU]\ ] QLFK QLH S\WDOL ZFDOH ,QQL S\WDOL
LGRFKRG]LOLGRUöĝQ\FKRGSRZLHG]L-HGQLSDPLÚWDOL
ĝHMDNWRSRZLDGDMÈERKDWHURZLH6LHQNLHZLF]DJG\

background image

V

J

60DïJRU]DWD%RUNRZVND26%

E\ZV]\VF\F]\VWRĂÊĂOXERZDOLWHG\E\URG]DMOXG]NL
]JLQÈÊ PXVLDï FR UDF]HM Z SODQDFK %Rĝ\FK QLH OHĝ\
SU]HG NRñFHP ĂZLDWD 'UXG]\ ]GDZDOL VLÚ PQLHPDÊ
ĝHSRZDĝQHSRGHMĂFLHGRNZHVWLL]EDZLHQLDZ\PDJD
SUÚG]HMF]\SöěQLHMRGHMĂFLDQDSXVW\QLÚ-HVWZĂUöG
LFK SLVP NLOND RSRZLHĂFL R W\P MDN WR MDNLĂ EDUG]R
ĂZLÈWREOLZ\ L ]DVïXĝRQ\ VWDU]HF GRZLDGXMH VLÚ QDJOH
]REMDZLHQLDĝHMHJR]DVïXJLSRNLONXG]LHVLÚFLXODWDFK
ĝ\FLDSXVWHOQLF]HJRVÈUöZQH]DVïXJRPMDNLHJRĂF]ïR
ZLHNDOXEJUXS\OXG]LPLHV]NDMÈF\FKWDPDWDP™Z
VWDU]HFQDW\FKPLDVWZ\UXV]DZGURJÚE\W\FKOXG]L
SR]QDÊL]DZV]HNXMHJR]GXPLHQLXRND]XMHVLÚĝHWR
ĂZLHFF\MDNLĂQDZUöFRQ\HNVEDQG\WDNWöU\SUDFXMH
REHFQLHMDNRVïXĝÈF\ZNDUF]PLHDOERMDNLĂSURVW\SD
VWHU]DOERGZLHPÚĝDWNLPLHV]NDMÈFHZ]JRG]LHZMHG
Q\PGRPX=RğD.RVVDNZ\NRU]\VWDïDZķ6]DOHñFDFK
%Rĝ\FKĵ MHGQR ] WDNLFK RSRZLDGDñ W\ONR RSXĂFLïD
]DNRñF]HQLH$]DNRñF]HQLHMHVWVWDïHSXVWHOQLNQD
PDZLD WDP ]DZV]H RZ\FK ĂZLÚW\FK OXG]L ĂZLHFNLFK
E\RGHV]OLQDSXVW\QLÚDQLHU\]\NRZDOLĝHLFK]DVïXJL
SU]HSDGQÈ,U]HF]\ZLĂFLHFLOXG]LHRGFKRG]È]QLP
0DP\ WX JïRV HSRNL NWöUD QLH GRSUDFRZDïD MHV]F]H
QDXNLRZLHORĂFLSRZRïDñZ.RĂFLHOHDĝ\FLHPPR
QDVW\F]Q\P E\ïD V]F]HU]H ]DIDVF\QRZDQD 1LHPQLHM
ZUHDOQ\Pĝ\FLXDQLHZDQHJGRFLHFLZV]\VF\NWöU]\
SLHOJU]\PRZDOLGR2MFöZV]OLWDPSRWRĝHE\XPRF
QLÊVLÚZZLHU]HLZGREU\FKSRVWDQRZLHQLDFKL]W\PL

background image

V

L

¥ZLDGNRZLHSU\PDWX%RJD

SRVWDQRZLHQLDPLZUöFLÊGRVZHJRQRUPDOQHJRĝ\FLD
QDVZöMQRUPDOQ\SRVWHUXQHN

&R ZLÚF SU]\FKRG]LOL XVï\V]HÊ L F]HJR FKFLH

OL ]DF]HUSQÈÊ" 1LH QHJDFML ĂZLDWD DOH $),50$&-,
%2*$ 0QLFK NWöU\ E\ WUDFLï F]DV QD WïXPDF]HQLH
F]ïRZLHNRZLĂZLHFNLHPXMDNLHVÈXGUÚNLLQLHSRNRMH
ĝ\FLDĂZLHFNLHJRQDUD]LïE\VLÚW\ONRQDĂPLHV]QRĂÊ
öZF]ïRZLHNVDPZLHRW\PUöZQLHGREU]HMHĂOLQLHOH
SLHM1DWRPLDVWMHĂOL]DJRQLRQ\QLHVSRNRMQ\XGUÚF]R
Q\SU]\FKRG]LGRSXVWHOQLNDWRSRWRĝHE\WDPWHQ
PXUD]MHV]F]HSRĂZLDGF]\ïĝHMHVW%öJQDGĂZLDWHP
ĝH ZDUWR WUXG]LÊ VLÚ Z -HJR VïXĝELH ĝH -HJR PLïRĂÊ
U]ÈG]LZV]\VWNLPLZSODWDZV]\VWNRZVZRMHSODQ\¿H
ĝDGQDRNUXV]\QDGREUDQLH]JLQLHĝHĝDGHQSRGMÚW\
WUXG QLH ]RVWDQLH ]DSRPQLDQ\ ĝH %öJ QDV VWZRU]\ï
QLHSRWRĝHE\QDVU]XFLÊZNÈWMDN]HSVXWÈ]DEDZNÚ
&KU\VWXVXPDUïGODQDVL]PDUWZ\FKZVWDïQLHSRWR
ĝHE\ QDV ]RVWDZLÊ VDP\P VRELH D 'XFK ¥ZLÚW\ ]D
PLHV]NDïZQDVQLHSRWRĝHE\WDPVRELH]DVQÈÊ6ïR
ZHPĝH-(67%™*

-HĝHOL MHGQDN SXVWHOQLN PD Z\GDÊ WDNLH ĂZLDGHF

WZR PXVL WR ]URELÊ QLH VïRZHP DQL Z\NïDGHP DOH
SU]\NïDGHP0XVLQDXNÚ]LOXVWURZDÊZïDVQ\PZ\ER
UHP0XVLWÚSUDZGÚWUDNWRZDÊWDNSRZDĝQLHĝHE\QD
QLÈĝ\FLHSRVWDZLÊ7XZïDĂQLHRND]XMHVLÚGRGDWNRZ\
VHQVZV]\VWNLFKWUXGöZLZ\U]HF]HñMDNLHVRELH]DGD
ZDOL2MFRZLH.LHG\XF]QLRZLHSURVLOLDEED,]\GRUD
ĝHE\SU]HVWDïSUDFRZDÊQRFÈERMXĝMHVWVWDU\LSR

background image

V

_

60DïJRU]DWD%RUNRZVND26%

WU]HEXMH RGSRF]\QNX RGSRZLHG]LDï ķ&KRÊE\ VSD
ORQR,]\GRUDLSURFK\UR]V\SDQRQDZLHWU]HMHV]F]H
QLHE\ïRE\ZW\PĝDGQHM]DVïXJLER6\Q%Rĝ\SU]\
V]HGïWXWDMGODQDVĵ

`

1LHPDWDNLHMFHQ\NWöUHME\QLH

ZDUWRE\ïR]DSïDFLÊLWREH]WDUJRZDQLDVLÚ]DPLïRĂÊ
%RĝÈ 2MFRZLH RF]\ZLĂFLH ]GDZDOL VRELH VSUDZÚ ĝH
MDNRJU]HV]QLOXG]LHDVNÈGQLE\PLHOLE\VLÚZ]LÈÊ
EH]JU]HV]QL"PRJÈĂZLDGF]\ÊR%RJXW\ONREDUG]R
QLHĂPLDïR:QLHNWöU\FKVSUDZDFKWRPRJïRE\ÊSUR
VWH3HZQHJRVWDUFDNWRĂS\WDïFRURELÊĝHE\VLÚ]ED
ZLÊ$]DVWDïJRSU]\SUDF\]DURENRZHMLVWDU]HFQLH
SRGQRV]ÈFRF]XRGURERW\RGSRZLHG]LDïSRSURVWX
ķ:LG]LV]ĵ

a

$OHWRE\ïDW\ONRQDXNDĝHWU]HEDSUDFR

ZDÊZïDVQ\PLUÚNDPL:LQQ\FKVSUDZDFKSXVWHOQLF\
QLH E\OL Dĝ WDN SHZQL ĝH GDOL GREU\ SU]\NïDG WRWHĝ
VWDUDOLVLÚMDNPRJOLQLHZ\VWDZLDÊVLÚQDRF]\OXG]
NLH1LHNWöU]\SRVXZDOLVLÚDĝGRXP\ĂOQHJRGDZDQLD
]JRUV]HQLDE\OHE\QLHZVSUDZDFKVWDQRZLÈF\FKPD
WHULÚSU]\ND]DQLD%RĝHJR1LHMDNLDEED6]\PRQJG\
PX GRQLHVLRQR SHZQHJR UDQD ĝH ]PLHU]D GR QLHJR
] ZL]\WÈ SHZLHQ GRVWRMQLN XVLDGï QD SURJX L ]DF]Èï
GHPRQVWUDF\MQLH ]DMDGDÊ FKOHE ] VHUHP 3XVWHOQLF\

b

=RE Z\EöU DSRIWHJPDWöZ Z GUXJLHM F]ÚĂFL QLQLHMV]HJR WRPX

c

d

e

f

g

g

h

i

j

$SRIWHJPDW\2MFöZ3XVW\QLW=ELöUDQRQLPRZ\Z\GDQ\SU]H]

)UDQÎRLV1DXSU]HNï0%

25.2:6.$

('

k%52:6.$

03

$:/,.

½U0RQ.UDNöZ b1b

background image

V

k

¥ZLDGNRZLHSU\PDWX%RJD

QLH MDGDOL UDQR DQL QLH MDGDOL QDELDïX SU]HFKRZ\ZD
OLJRF]DVHPGODJRĂFL'RVWRMQLNZLG]ÈFVWDUFDSU]\
ĂQLDGDQLXZ]JDUG]LïQLPLRGMHFKDïRWRZïDĂQLHFKR
G]LïR

l

1LHPQLHMWDNĝHLWDNLHZ\ELHJLE\ï\VNXWNLHP

L ĂZLDGHFWZHP U]HF]\ZLVWHJR SU]HMÚFLD VLÚ QDND]HP
3DQDĝHE\ĂP\VLÚVWU]HJOLS\FK\LREQRV]HQLDVZRMHM
FQRW\QDSRND]

7RZLÚFMHVWSLHUZV]DLQDMZDĝQLHMV]DOHNFMD2MFöZ

SU\PDW%RJDNWöU\QDOHĝ\ZSURZDG]LÊZĝ\FLH0RĝH
MHGQDNQLHPXVLP\VWU]HODÊ]DĝWDNZLHONLHMDUPDW\"
0RĝH Z\VWDUF]\ SU]\MÈÊ ĝH 2MFRZLH V]OL QD SXVW\
QLÚ SR WR ĝHE\ RGQDOHěÊ WDP UöZQRZDJÚ SV\FKLF]
QÈ]DJXELRQÈZïDVQÈWRĝVDPRĂÊZROQRĂÊRGVWUHVöZ
LQHUZLF"-HGQDNĝHGRĂZLDGF]HQLHXF]\ĝHF]ïRZLHN
NWöU\E\ZF]ZDUW\PZLHNXV]HGïQDSXVW\QLÚDOER
]UHV]WÈLZGZXG]LHVW\PZLHNXGRNODV]WRUXSRWR
ĝHE\ RG]\VNDÊ UöZQRZDJÚ SV\FKLF]QÈ QLHZÈWSOLZLH
SRP\OLïGURJÚLEÚG]LHVWDPWÈGXFLHNDïMHV]F]HV]\E
FLHMQLĝSU]\V]HGï3RWU]HERZDïF]HJRĂZURG]DMXVD
QDWRULXPV]XNDïXOJLLZ\SRF]\QNXD]QDOD]ïĝ\FLH
VWDZLDMÈFHPXZ\PDJDQLDWDNZLHONLHĝHEH]UöZQR
ZDJLNWöUÈMXĝ]HVREÈWU]HEDSU]\QLHĂÊQLHVSRVöE
WHPXSRGRïDÊ8F]QLRZLNWöU\JRUV]\ïVLÚSRZURWHP
NWöUHJRĂ]HZVSöïEUDFLGRĂZLDWDRGSRZLHG]LDïMHJR
PLVWU]ķ']LZLV]VLÚĝHNWRĂRGV]HGï"']LZVLÚUDF]HM

m

3RU$SRIWHJPDW\2MFöZ3XVW\QLW*HURQWLNRQ.VLÚJD6WDUFöZ

SU]HNï0%

25.2:6.$

½U0RQ.UDNöZ $SR

background image

Y

n

60DïJRU]DWD%RUNRZVND26%

ĝHNWRĂ]RVWDïĵ

o

3XVW\QLDQLJG\QLHE\ïDVDQDWRULXP

GOD]HVWUHVRZDQ\FK-XĝFKRÊE\]HZ]JOÚGXQDFLÚĝNLH
]HZQÚWU]QHZDUXQNLĝ\FLDDOHMHV]F]HEDUG]LHMQDVWDïH
ĝÈGDQLHZ\VLïNXZHZQÚWU]QHJR

$ķWRĝVDPRĂÊĵ"0RĝQDVRELHZ\REUD]LÊF]ïRZLH

ND Z VW\OX ERKDWHUöZ /RQGRQD NWöU\ SUDJQLH VDP
VRELH XGRZRGQLÊ ĝH MHVW FRĂ ZDUW L GODWHJR V]XND
WUXGQ\FKZDUXQNöZĝHE\VLÚZQLFKVSUDZG]LÊ$OH
WDNLF]ïRZLHNLG]LHUDF]HMGR$UNW\NLDOERGRGĝXQJOL
LV]XNDSU]\JöG1LHV]XNDSRVWXPRGOLWZ\FHOLEDWX
SRVïXV]HñVWZD-HVWW\ONRMHGHQURG]DMķWRĝVDPRĂFLĵ
NWöUHJR PRĝQD V]XNDÊ QD SXVW\QL D S\WDQLH EU]PL
ZWHG\ķ.LPMHVWHPZVWRVXQNXGR%RJD"ĵ.WRĂNWR
E\S\WDïW\ONRķ.LPMHVWHPVDPZVRELH"ĵWDNĝHQLH
QDSXVW\QLÚW\ONRGRMDNLHMĂV]NRï\ğOR]RğF]QHMSR
ZLQLHQVLÚXGDÊMHĝHOLQLHFKFHZSDĂÊZUR]SDF]

-DNDERZLHPMHVWZSUDNW\FHSLHUZV]DOHNFMDĝ\

FLDPRQDVW\F]QHJR"$QRWDNDĝHDGHSWNWöU\ZGUR
G]HQDSXVW\QLÚZ\REUDĝDVRELHMDNLFKWRRVLÈJQLÚÊ
QD]ELHUDLMDNLHV]F]\W\ĂZLÚWRĂFL]GREÚG]LHEDUG]R
SUÚGNR SU]HNRQXMH VLÚ QD PLHMVFX ĝH QDMSURVWV]\P
Z\PDJDQLRPQLHMHVWZVWDQLHSRGRïDÊ$QLZROLQLH
VWDUF]D DQL ]UR]XPLHQLD DQL VLï 3XVW\QLD MHVW PLHM
VFHPQDNWöU\PSU]HGHZV]\VWNLPSR]QDMHVLÚZïD
VQÈ QLHZ\VWDUF]DOQRĂÊ L PDïRĂÊ 0D VLÚ ZWHG\ GR
Z\ERUXDOERUR]SDF]DOERPRGOLWZÚ2W\PWU]HED

p

3RU$SR

background image

Y

V

¥ZLDGNRZLHSU\PDWX%RJD

EÚG]LHMHV]F]HSRPöZLÊRVREQR1LHPQLHMSHZQHMHVW
MHGQRDPLDQRZLFLHĝHWDZïDVQDķWRĝVDPRĂÊĵNWöUÈ
RGQDMGXMHVLÚQDSXVW\QLQLHW\ONRQLHMHVW]DEDZQD
DQL SU]\MHPQD DOH Z\VWDUF]\ïDE\ QDZHW JG\E\ĂP\
]JöU\PRJOLVLÚGRP\ĂOLÊF]\PVLÚRNDĝHGR]QLH
FKÚFHQLDUD]QD]DZV]HĝHE\WDPFKRG]LÊ,GRSLHUR
ZW\PPRPHQFLHLQWHUZHQLXMHZLDUDPöZLÈFW\QLH
PRĝHV]%öJPRĝH7\QLHXPLHV]VSHïQLDÊQDZHWVZR
LFK RJUDQLF]RQ\FK RERZLÈ]NöZ 2Q NRFKD EH] JUD
QLF-HVWHĂ-HJRG]LHFNLHP3URĂDEÚG]LHFLGDQH2G
NU\FLHZïDVQHMVïDERĂFLSURZDG]LPQLFKDGRRGNU\FLD
MHJRWRĝVDPRĂFLG]LHFND%RĝHJR$ZLÚFMHV]F]HUD]
GRSU\PDWX%RJDZOXG]NLPĝ\FLX

,WHJRZïDĂQLHXF]È2MFRZLH]GRE\ZV]\WÚZLHG]Ú

ZïDVQ\PEROHVQ\PGRĂZLDGF]HQLHP=GRE\OLMÈMHG
QDNQLHW\ONRGODVLHELHDOHLGODW\FKZV]\VWNLFKNWö
U]\LFKSU]\FKRG]ÈS\WDÊ%RVNDODZDUWRĂFLMHVWMHGQD
GODĂZLHFNLFKLGODPQLFKD%öJMHVW%RJLHPRE\GZX
-HĝHOL2MFRZLHWÚSUDZGÚSRĂZLDGF]DMÈZVSRVöEGR
NWöUHJRW\ONRRQL]RVWDOLSRZRïDQLWRRVLÈJDMÈSU]H]
WRWU]\FHOH3RSLHUZV]HLQDMZDĝQLHMV]HRGGDMÈ%RJX
VDPHPX F]HĂÊ L PLïRĂÊ 3R GUXJLH SRPDJDMÈ VZRLP
ĂZLDGHFWZHP UR]SDOLÊ WÚ VDPÈ F]HĂÊ L PLïRĂÊ Z QD
V]\FKVHUFDFK,SRWU]HFLHZUHV]FLHSU]HSDODMÈVLÚQLÈ
VDPL

']LVLDM ZLÚF SUöERZDOLĂP\ RGSRZLHG]LHÊ QD S\

WDQLHF]HJRXF]ÈQDV2MFRZLHSXVW\QLSU]H]WRVDPR
NLPVÈĂZLDGNDPLSU\PDWX%RJD-XWUR]DVWDQRZLP\

background image

Y

Y

60DïJRU]DWD%RUNRZVND26%

VLÚ]NROHLQDGLFKVWRVXQNLHPGRF]ïRZLHND$QD]D
NRñF]HQLH MHGQD MHV]F]H RSRZLDVWND VSRĂUöG W\FK
NWöUHĂZLDGF]ÈĝHLVWQLDïDQDSXVW\QLSRNXVDRNUHĂOD
QLD]JöU\MDNGïXJRPQLFKJRWöZMHVWSRQRVLÊWUXG\
PRQDVW\F]QHJRĝ\FLDDFRMXĝE\ïRE\MHJR]GDQLHP
]DGïXJRL]DGXĝRDOHĝHWHMSRNXVLHSUDZG]LZ\DEED
SRWUDğïVLÚRSU]HÊ

%\ïSHZLHQVWDU]HFZ7HEDLG]LHLPLHQLHP+LHUDNV

NWöU\GRĝ\ïG]LHZLÚÊG]LHVLÚFLXODW$GLDEOLFKFÈFJR
GRSURZDG]LÊGR]QLHFKÚFHQLDGïXJRĂFLÈĝ\FLDVWDQÚOL
SU]HGQLPSHZQHJRGQLDPöZLÈFķ,FöĝW\EÚG]LHV]
URELïELHGQ\VWDUF]H"ERMHV]F]HPDV]SU]HGVREÈDĝ
SLÚÊG]LHVLÈW ODWĵ $ RQ LP RGSRZLHG]LDï ķ%DUG]R
ĂFLHPQLH]PDUWZLOLMDVLÚSU]\JRWRZDïHPMHV]F]HQD
GZLHĂFLHĵ2QLZLÚFZ\MÈFXFLHNOL

q

r

e

f

s

t

u

i


Wyszukiwarka

Podobne podstrony:
Powiedz mi moja maleńka
POWIEDZ MI, teksty piosenek
Powiedz mi jak mnie kochasz wiersz połówkowy
Powiedz mi dlaczego
25 Powiedz mi dlaczego
Powiedz mi chociaz raz
powiedz mi, czy
Babciu droga?bciu powiedz mi(1)
Powiedz mi
Babciu droga Babciu powiedz mi, dokumenty, SCENARIUSZE RÓŻNE PRZEDSZKOLE
POWIEDZ MI GDZIE IDZIESZ, scenariusze, tematy dla rodziców
24 Powiedz mi dlaczego
Powiedz mi czego chcesz, Teksty piosenek
Powiedz mi moja maleńka
Czesio Powiedz mi dzień dobry
Powiedziałas mi że
Powiedz mi
Powiedz mi czego chcesz

więcej podobnych podstron