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ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

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ȽɈȾɂɒȿɇȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺɂ

ɎɂɇȺɇɋɈȼɈɌɑȿɌ

ɞɟɤɟɦɜɪɢɝɨɞɢɧɚ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

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ɋɴɞɴɪɠɚɧɢɟ

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ɈɛɳɚɢɧɮɨɪɦɚɰɢɹL

ȾɨɤɥɚɞɡɚɞɟɣɧɨɫɬɬɚLL

ɂɧɮɨɪɦɚɰɢɹɩɨɉɪɢɥɨɠɟɧɢɟɨɬɇɚɪɟɞɛɚ[YL

ɂɧɮɨɪɦɚɰɢɹɩɨɱɥɨɬɁȾɋɂɐȾɋ[YLLL

ɂɧɮɨɪɦɚɰɢɹɫɴɝɥɚɫɧɨɱɥɚɥɨɬɇɚɪɟɞɛɚ[[

Ⱦɟɤɥɚɪɚɰɢɹɡɚɤɨɪɩɨɪɚɬɢɜɧɨɭɩɪɚɜɥɟɧɢɟ[[L

Ⱦɨɤɥɚɞɡɚɩɪɢɥɚɝɚɧɟɧɚɩɨɥɢɬɢɤɚɬɚɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚ[[YLL

Ɉɬɱɟɬɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞ ..................................................................................................................................... 

Ɉɬɱɟɬɡɚɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟ

Ɉɬɱɟɬɡɚɩɪɨɦɟɧɢɬɟɜɫɨɛɫɬɜɟɧɢɹɤɚɩɢɬɚɥ

Ɉɬɱɟɬɡɚɩɚɪɢɱɧɢɬɟɩɨɬɨɰɢ

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ɉɨɹɫɧɢɬɟɥɧɢɛɟɥɟɠɤɢ

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Ʉɨɪɩɨɪɚɬɢɜɧɚɢɧɮɨɪɦɚɰɢɹ

Ȼɚɡɚɡɚɢɡɝɨɬɜɹɧɟ

Ɉɛɨɛɳɟɧɢɟɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢ

ɉɪɨɦɟɧɢɜɫɱɟɬɨɜɨɞɧɢɬɟɩɨɥɢɬɢɤɢɢɨɩɨɜɟɫɬɹɜɚɧɢɹ

ɋɴɳɟɫɬɜɟɧɢɫɱɟɬɨɜɨɞɧɢɩɪɟɰɟɧɤɢɩɪɢɛɥɢɡɢɬɟɥɧɢɨɰɟɧɤɢɢɩɪɟɞɩɨɥɨɠɟɧɢɹ

ɉɭɛɥɢɤɭɜɚɧɢɫɬɚɧɞɚɪɬɢɤɨɢɬɨɜɫɟɨɳɟɧɟɫɚɜɫɢɥɚɢɧɟɫɚɜɴɡɩɪɢɟɬɢɩɨɪɚɧɨ

ɉɪɢɯɨɞɢɢɪɚɡɯɨɞɢ

ɂɦɨɬɢ

ȼɡɟɦɚɧɢɹɨɬɩɪɨɞɚɠɛɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ

Ɍɴɪɝɨɜɫɤɢɢɞɪɭɝɢɜɡɟɦɚɧɢɹ

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɢɤɪɚɬɤɨɫɪɨɱɧɢɞɟɩɨɡɢɬɢ

Ɉɫɧɨɜɟɧɤɚɩɢɬɚɥɢɪɟɡɟɪɜɢ

ɉɪɨɜɢɡɢɢ

Ɍɴɪɝɨɜɫɤɢɢɞɪɭɝɢɡɚɞɴɥɠɟɧɢɹ

Ɉɩɨɜɟɫɬɹɜɚɧɟɧɚɫɜɴɪɡɚɧɢɥɢɰɚ

ɇɟɬɧɚɩɟɱɚɥɛɚɧɚɚɤɰɢɹ

ɐɟɥɢɢɩɨɥɢɬɢɤɚɡɚɭɩɪɚɜɥɟɧɢɟɧɚɮɢɧɚɧɫɨɜɢɹɪɢɫɤɢɤɚɩɢɬɚɥɚ

Ɉɰɟɧɹɜɚɧɟɧɚɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ

ɋɴɛɢɬɢɹɫɥɟɞɨɬɱɟɬɧɚɬɚɞɚɬɚ

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ȾɟɤɥɚɪɚɰɢɹɩɨɱɥɧɚɥɬɨɬɁɚɤɨɧɚɡɚɩɭɛɥɢɱɧɨɬɨɩɪɟɞɥɚɝɚɧɟɧɚɰɟɧɧɢɤɧɢɠɚ

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ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

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Ɉɛɳɚɢɧɮɨɪɦɚɰɢɹ

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L

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ɋɴɜɟɬɧɚȾɢɪɟɤɬɨɪɢɬɟ

Ȼɨɪɢɫɥɚɜɉɟɬɤɨɜɉɪɟɞɫɟɞɚɬɟɥɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟ

ɇɟɧɱɨɉɟɧɟɜɑɥɟɧɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟ

ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜɂɡɩɴɥɧɢɬɟɥɟɧɞɢɪɟɤɬɨɪ

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Ɉɞɢɬɟɧɤɨɦɢɬɟɬ

ɄɚɦɟɧɄɚɦɟɧɨɜɉɪɟɞɫɟɞɚɬɟɥɧɚɈɞɢɬɧɢɹɤɨɦɢɬɟɬ

ɀɟɱɤɨɉɟɬɪɨɜɑɥɟɧɧɚɈɞɢɬɧɢɹɤɨɦɢɬɟɬ

ɋɬɚɧɢɦɢɪɄɚɱɭɥɟɜɑɥɟɧɧɚɈɞɢɬɧɢɹɤɨɦɢɬɟɬ

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ɋɟɞɚɥɢɳɟɢɚɞɪɟɫɧɚɭɩɪɚɜɥɟɧɢɟ

ɭɥɁɥɚɬɨɜɪɴɯʋ

ɪɚɣɨɧɅɨɡɟɧɟɰ

ɋɨɮɢɹ

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Ȼɚɧɤɚɞɟɩɨɡɢɬɚɪ

ɈɛɟɞɢɧɟɧɚȻɴɥɝɚɪɫɤɚȻɚɧɤɚȺȾ

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Ɉɛɫɥɭɠɜɚɳɨɞɪɭɠɟɫɬɜɨ

ɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾ

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Ɉɞɢɬɨɪ

ɔɪɧɫɬɢəɧɝɈɞɢɬɈɈȾ

ɉɨɥɢɝɪɚɮɢɹɨɮɢɫɰɟɧɬɴɪ

ɛɭɥɐɚɪɢɝɪɚɞɫɤɨɲɨɫɟʋȺɟɬ

ɋɨɮɢɹ

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ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

LL

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ɈɛɳɚɢɧɮɨɪɦɚɰɢɹɡɚȾɪɭɠɟɫɬɜɨɬɨ

³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐ³Ⱦɪɭɠɟɫɬɜɨɬɨ´ɟɩɭɛɥɢɱɧɨɚɤɰɢɨɧɟɪɧɨɞɪɭɠɟɫɬɜɨɫɴɡɞɚɞɟɧɨɧɚɍɱɪɟɞɢɬɟɥɧɨ

ɫɴɛɪɚɧɢɟɨɬɚɩɪɢɥɝɫɩɴɪɜɨɧɚɱɚɥɟɧɤɚɩɢɬɚɥɜɪɚɡɦɟɪɧɚɯɢɥɥɟɜɚɪɚɡɩɪɟɞɟɥɟɧɜɚɤɰɢɢ

ɫɧɨɦɢɧɚɥɥɟɜɜɫɹɤɚȾɪɭɠɟɫɬɜɨɬɨɟɩɪɟɪɟɝɢɫɬɪɢɪɚɧɨɜɌɴɪɝɨɜɫɤɢɹɪɟɝɢɫɬɴɪɧɚȺɝɟɧɰɢɹɬɚɩɨɜɩɢɫɜɚɧɢɹɬɚ

ɩɨɞȿɂɄɋɟɞɚɥɢɳɟɬɨɢɚɞɪɟɫɴɬɧɚɭɩɪɚɜɥɟɧɢɟɧɚȾɪɭɠɟɫɬɜɨɬɨɟɝɪɚɞɋɨɮɢɹɭɥÄɁɥɚɬɨɜɪɴɯ´

ʋ

Ⱦɪɭɠɟɫɬɜɨɬɨɟɫɩɪɟɞɦɟɬɧɚɞɟɣɧɨɫɬɢɧɜɟɫɬɢɪɚɧɟɧɚɩɚɪɢɱɧɢɫɪɟɞɫɬɜɚɧɚɛɪɚɧɢɱɪɟɡɩɭɛɥɢɱɧɨɩɪɟɞɥɚɝɚɧɟɧɚ

ɫɨɛɫɬɜɟɧɢɚɤɰɢɢɜɧɟɞɜɢɠɢɦɢɢɦɨɬɢɩɨɫɪɟɞɫɬɜɨɦɩɨɤɭɩɤɚɧɚɩɪɚɜɨɧɚɫɨɛɫɬɜɟɧɨɫɬɢɞɪɭɝɢɜɟɳɧɢɩɪɚɜɚ

ɜɴɪɯɭ ɧɟɞɜɢɠɢɦɢ ɢɦɨɬɢ ɢ ɢɡɜɴɪɲɜɚɧɟ ɧɚ ɫɬɪɨɟɠɢ ɢ ɩɨɞɨɛɪɟɧɢɹ ɜ ɬɹɯ ɫ ɰɟɥ ɩɪɟɞɨɫɬɚɜɹɧɟɬɨ ɢɦ ɡɚ

ɭɩɪɚɜɥɟɧɢɟɨɬɞɚɜɚɧɟɩɨɞɧɚɟɦɥɢɡɢɧɝɢɢɥɢɩɪɨɞɚɠɛɚɬɚɢɦ

ɋɩɟɰɢɚɥɧɨɬɨɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨɤɚɫɚɟɳɨɞɟɣɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɫɟɫɴɞɴɪɠɚɢɩɪɨɢɡɬɢɱɚɨɫɧɨɜɧɨɨɬɁɚɤɨɧɚ

ɡɚɞɪɭɠɟɫɬɜɚɬɚɫɴɫɫɩɟɰɢɚɥɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥɢɡɚɞɪɭɠɟɫɬɜɚɬɚɡɚɫɟɤɸɪɢɬɢɡɚɰɢɹɁȾɋɂɐȾɋɢɁɚɤɨɧɚɡɚ

ɩɭɛɥɢɱɧɨɩɪɟɞɥɚɝɚɧɟɧɚɰɟɧɧɢɤɧɢɠɚɁɉɉɐɄȼɴɡɨɫɧɨɜɚɧɚɬɹɯȾɪɭɠɟɫɬɜɨɬɨɩɨɞɥɟɠɢɧɚɪɟɝɭɥɚɰɢɹɨɬ

ɫɬɪɚɧɚɧɚɄɨɦɢɫɢɹɬɚɡɚɮɢɧɚɧɫɨɜɧɚɞɡɨɪɄɎɇȾɪɭɠɟɫɬɜɨɬɨɟɩɨɥɭɱɢɥɨɥɢɰɟɧɡʋȾɋɂɐɝ

ɢɡɞɚɞɟɧɧɚɨɫɧɨɜɚɧɢɟɧɚɊɟɲɟɧɢɟʋȾɋɂɐɨɬɸɥɢɝɧɚɄɨɦɢɫɢɹɬɚɡɚɮɢɧɚɧɫɨɜɧɚɞɡɨɪ

Ⱦɪɭɠɟɫɬɜɨɬɨɟɭɱɪɟɞɟɧɨɡɚɧɟɨɩɪɟɞɟɥɟɧɫɪɨɤ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɢɦɚɟɞɧɨɫɬɟɩɟɧɧɚ ɫɢɫɬɟɦɚɧɚ ɭɩɪɚɜɥɟɧɢɟ ɋɴɜɟɬɴɬɧɚ ɞɢɪɟɤɬɨɪɢɬɟɋȾ ɧɚȾɪɭɠɟɫɬɜɨɬɨ ɟɜ

ɫɴɫɬɚɜ ɤɚɤɬɨ ɫɥɟɞɜɚ Ɋɚɞɨɫɥɚɜ ɂɥɢɟɜ Ɇɚɧɨɥɨɜ  ɂɡɩɴɥɧɢɬɟɥɟɧ ɞɢɪɟɤɬɨɪ Ȼɨɪɢɫɥɚɜ ȼɢɬɚɧɨɜ ɉɟɬɤɨɜ 

ɉɪɟɞɫɟɞɚɬɟɥɧɚɋȾɢɇɟɧɱɨɂɜɚɧɨɜɉɟɧɟɜɑɥɟɧɧɚɋȾ

ɈɞɢɬɧɢɹɬɤɨɦɢɬɟɬɧɚȾɪɭɠɟɫɬɜɨɬɨɟɜɫɴɫɬɚɜɤɚɤɬɨɫɥɟɞɜɚɄɚɦɟɧɉɟɬɪɨɜɄɚɦɟɧɨɜ±ɉɪɟɞɫɟɞɚɬɟɥɧɚɈɞɢɬɧɢɹ

ɤɨɦɢɬɟɬɀɟɱɤɨȾɢɦɢɬɪɨɜɉɟɬɪɨɜ±ɑɥɟɧɧɚɈɞɢɬɧɢɹɤɨɦɢɬɟɬɢɋɬɚɧɢɦɢɪɉɟɬɪɨɜɄɚɱɭɥɟɜ±ɑɥɟɧɧɚɈɞɢɬɧɢɹ

ɤɨɦɢɬɟɬ

ɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾɟɬɪɟɬɨɥɢɰɟɩɨɫɦɢɫɴɥɚɧɚɱɥɚɥɨɬɁȾɋɂɐȾɋɨɛɫɥɭɠɜɚɳɨɞɪɭɠɟɫɬɜɨɧɚȺɞɜɚɧɫ

ɌɟɪɚɮɨɧɞȺȾɋɂɐɤɨɟɬɨɤɴɦɞɟɤɟɦɜɪɢɝɟɚɤɰɢɨɧɟɪɫɨɬɤɚɩɢɬɚɥɚɧɚȺɞɜɚɧɫɌɟɪɚɮɨɧɞ

ȺȾɋɂɐɢɩɪɟɞɨɫɬɚɜɹɤɨɧɫɭɥɬɚɧɬɫɤɢɢɞɪɭɝɢɭɫɥɭɝɢɤɚɬɨɚɞɦɢɧɢɫɬɪɚɬɢɜɧɢɫɱɟɬɨɜɨɞɧɢɭɫɥɭɝɢɢɭɫɥɭɝɢɩɨ

ɩɨɞɛɨɪɧɚɩɟɪɫɨɧɚɥɚ

ɋɥɟɞ ɭɱɪɟɞɹɜɚɧɟɬɨ ɧɚ ɤɨɦɩɚɧɢɹɬɚ ɩɪɟɡ  ɝ ɫɚ ɢɡɜɴɪɲɟɧɢ ɩɟɬ ɩɨɫɥɟɞɜɚɳɢ ɭɜɟɥɢɱɟɧɢɹ ɧɚ ɤɚɩɢɬɚɥɚ ɧɚ

Ⱦɪɭɠɟɫɬɜɨɬɨɤɚɬɨɤɴɦɞɟɤɟɦɜɪɢɝɬɨɣɟɥɟɜɚ

ɂɧɜɟɫɬɢɰɢɨɧɧɚɫɬɪɚɬɟɝɢɹɰɟɥɢɢɨɝɪɚɧɢɱɟɧɢɹɧɚȾɪɭɠɟɫɬɜɨɬɨ

³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐɟɚɤɰɢɨɧɟɪɧɨɞɪɭɠɟɫɬɜɨɫɴɫɫɩɟɰɢɚɥɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥɤɨɟɬɨɩɪɢɭɫɥɨɜɢɹɬɚ

ɢɩɨɪɟɞɚɧɚɁȾɋɂɐȾɋɢɧɜɟɫɬɢɪɚɩɚɪɢɱɧɢɬɟɫɪɟɞɫɬɜɚɧɚɛɪɚɧɢɱɪɟɡɢɡɞɚɜɚɧɟɧɚɰɟɧɧɢɤɧɢɠɚɜɧɟɞɜɢɠɢɦɢ

ɢɦɨɬɢ

ɂɧɜɟɫɬɢɰɢɨɧɧɢɬɟɰɟɥɢɧɚȾɪɭɠɟɫɬɜɨɬɨɫɚ

x ɞɚ ɩɪɟɞɨɫɬɚɜɢ ɜɴɡɦɨɠɧɨɫɬ ɧɚ ɫɜɨɢɬɟ ɚɤɰɢɨɧɟɪɢ ɞɚ ɢɧɜɟɫɬɢɪɚɬ ɜ ɞɢɜɟɪɫɢɮɢɰɢɪɚɧ ɩɨɪɬɮɟɣɥ ɨɬ

ɧɟɞɜɢɠɢɦɢɢɦɨɬɢɤɚɬɨɞɟɣɫɬɜɚɧɚɩɪɢɧɰɢɩɚɧɚɪɚɡɩɪɟɞɟɥɟɧɢɟɧɚɪɢɫɤɚ

x ɞɚ ɨɫɢɝɭɪɢ ɧɚ ɫɜɨɢɬɟ ɚɤɰɢɨɧɟɪɢ ɡɚɩɚɡɜɚɧɟ ɢ ɧɚɪɚɫɬɜɚɧɟ ɧɚ ɫɬɨɣɧɨɫɬɬɚ ɧɚ ɢɧɜɟɫɬɢɰɢɢɬɟ ɢɦ ɱɪɟɡ

ɪɟɚɥɢɡɢɪɚɧɟɧɚɫɬɚɛɢɥɟɧɞɨɯɨɞɩɪɢɛɚɥɚɧɫɢɪɚɧɨɪɚɡɩɪɟɞɟɥɟɧɢɟɧɚɪɢɫɤɚ

ɋɬɪɚɬɟɝɢɹɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɩɪɟɞɜɢɠɞɚɢɧɜɟɫɬɢɪɚɧɟɜɧɟɞɜɢɠɢɦɢɢɦɨɬɢɨɬɝɨɜɚɪɹɳɢɧɚɢɡɢɫɤɜɚɧɢɹɬɚɧɚɱɥ

ɨɬɍɫɬɚɜɚɧɚ³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐɫɰɟɥɩɨɥɭɱɚɜɚɧɟɧɚɬɟɤɭɳɢɞɨɯɨɞɢɨɬɞɨɝɨɜɨɪɢɡɚɧɚɟɦɚɪɟɧɞɚ

ɥɢɡɢɧɝɨɬɫɬɴɩɟɧɨɩɪɚɜɨɧɚɩɨɥɡɜɚɧɟɤɚɤɬɨɢɱɪɟɡɩɪɨɞɚɠɛɢɧɚɬɟɡɢɢɦɨɬɢɫɨɝɥɟɞɮɨɪɦɢɪɚɧɟɧɚɫɬɚɛɢɥɟɧ

ɞɨɯɨɞɁɚɩɨɫɬɢɝɚɧɟɧɚɨɫɧɨɜɧɚɬɚɫɢɰɟɥȾɪɭɠɟɫɬɜɨɬɨɦɨɠɟɞɚɩɪɢɥɚɝɚɩɨɞɯɨɞɹɳɢɫɬɪɚɬɟɝɢɢɡɚɩɪɟɞɩɚɡɜɚɧɟ

ɨɬɩɚɡɚɪɟɧɢɜɚɥɭɬɟɧɪɢɫɤ

ɋɴɝɥɚɫɧɨɱɥɚɥɨɬɍɫɬɚɜɚɧɚ³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐȾɪɭɠɟɫɬɜɨɬɨɧɟɦɨɠɟ

x ɞɚɫɟɩɪɟɨɛɪɚɡɭɜɚɜɞɪɭɝɜɢɞɬɴɪɝɨɜɫɤɨɞɪɭɠɟɫɬɜɨɨɫɜɟɧɜɫɥɭɱɚɢɬɟɩɨɱɥɬɨɬɁȾɋɂɐȾɋ

x ɞɚɩɪɨɦɟɧɹɩɪɟɞɦɟɬɚɫɢɧɚɞɟɣɧɨɫɬɨɫɜɟɧɜɫɥɭɱɚɢɬɟɩɨɱɥɬɨɬɁȾɋɂɐȾɋ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

LLL



x ɞɚ ɨɛɟɡɩɟɱɚɜɚ ɱɭɠɞɢ ɡɚɞɴɥɠɟɧɢɹ ɫ ɢɡɤɥɸɱɟɧɢɟ ɧɚ ɛɚɧɤɨɜɢ ɤɪɟɞɢɬɢ ɨɬɩɭɫɧɚɬɢ ɧɚ ɞɴɳɟɪɧɨ

ɞɪɭɠɟɫɬɜɨɩɨɱɥɚɥɨɬɁȾɋɂɐȾɋɢɧɟɦɨɠɟɞɚɩɪɟɞɨɫɬɚɜɹɡɚɟɦɢɢɞɚɩɨɥɭɱɚɜɚɡɚɟɦɢɨɬɥɢɰɚ

ɪɚɡɥɢɱɧɢɨɬɛɚɧɤɢɁɚɨɛɟɡɩɟɱɚɜɚɧɟɧɚɡɚɞɴɥɠɟɧɢɹɬɚɩɨɛɚɧɤɨɜɢɤɪɟɞɢɬɢɧɚɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨɩɨ

ɱɥɚɥɨɬɁȾɋɂɐȾɋɫɟɢɡɢɫɤɜɚɩɪɟɞɜɚɪɢɬɟɥɧɨɨɞɨɛɪɟɧɢɟɨɬɨɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟ

ɧɚȾɪɭɠɟɫɬɜɨɬɨ

x ɞɚɩɪɢɞɨɛɢɜɚɞɹɥɨɜɢɭɱɚɫɬɢɹɜɞɪɭɝɢɞɪɭɠɟɫɬɜɚɨɫɜɟɧɜɫɥɭɱɚɢɬɟɩɪɢ ɭɫɥɨɜɢɹɬɚɢ ɞɨɪɚɡɦɟɪɧɚ

ɞɹɥɨɜɨɬɨɚɤɰɢɨɧɟɪɧɨɭɱɚɫɬɢɟɨɩɪɟɞɟɥɟɧɢɜɱɥɚɥɢɚɥɨɬɁȾɋɂɐȾɋ

x ɞɚɭɱɚɫɬɜɚɧɚɤɚɩɢɬɚɥɨɜɢɹɩɚɡɚɪɤɚɬɨɢɧɜɟɫɬɢɪɚɜɚɤɬɢɜɢɪɚɡɥɢɱɧɢɨɬɬɟɡɢɩɨɱɥɚɥ±ɨɬ

ɁȾɋɂɐȾɋɢɥɢɞɚɢɡɜɴɪɲɜɚɨɛɪɚɬɧɨɢɡɤɭɩɭɜɚɧɟɩɨɪɟɞɚɧɚɱɥɚɥɨɬɁɚɤɨɧɚɡɚɩɭɛɥɢɱɧɨɬɨ

ɩɪɟɞɥɚɝɚɧɟɧɚɰɟɧɧɢɤɧɢɠɚɨɫɜɟɧɜɫɥɭɱɚɢɬɟɩɨɱɥɨɬɁȾɋɂɐȾɋ

Ɏɢɧɚɧɫɨɜɢɰɟɥɢ

x ɨɫɢɝɭɪɹɜɚɧɟɧɚɫɬɚɛɢɥɧɨɧɚɪɚɫɬɜɚɳɬɟɤɭɳɞɨɯɨɞɡɚɚɤɰɢɨɧɟɪɢɬɟɩɨɞɮɨɪɦɚɬɚɧɚɩɚɪɢɱɟɧɞɢɜɢɞɟɧɬ

ɱɪɟɡɨɬɞɚɜɚɧɟɧɚɩɪɢɬɟɠɚɜɚɧɢɬɟɡɟɦɢɩɨɞɧɚɟɦ

x ɦɚɤɫɢɦɢɡɢɪɚɧɟɫɬɨɣɧɨɫɬɬɚɧɚɢɧɜɟɫɬɢɰɢɢɬɟɧɚɚɤɰɢɨɧɟɪɢɬɟɱɪɟɡɧɟɩɪɟɤɴɫɧɚɬɨɚɤɬɢɜɧɨɭɩɪɚɜɥɟɧɢɟ

ɧɚɚɤɬɢɜɢɬɟɧɚȾɪɭɠɟɫɬɜɨɬɨɢɩɪɢɞɨɛɢɜɚɧɟɩɪɨɞɚɠɛɚɧɚɡɟɦɟɞɟɥɫɤɢɢɦɨɬɢ

x ɞɢɜɟɪɫɢɮɢɤɚɰɢɹɧɚɩɨɪɬɮɟɣɥɚɨɬɡɟɦɟɞɟɥɫɤɢɢɦɨɬɢɱɪɟɡɢɧɜɟɫɬɢɪɚɧɟɜɪɚɡɥɢɱɧɢɜɢɞɨɜɟɡɟɦɟɞɟɥɫɤɢ

ɢɦɨɬɢɨɛɪɚɛɨɬɜɚɟɦɚɡɟɦɹɡɟɦɹɫɬɪɚɣɧɢɧɚɫɚɠɞɟɧɢɹɥɨɡɹɢɞɪɧɚɯɨɞɹɳɢɫɟɜɪɚɡɥɢɱɧɢɪɟɝɢɨɧɢ

ɧɚɊɟɩɭɛɥɢɤɚȻɴɥɝɚɪɢɹɫɰɟɥɧɚɦɚɥɹɜɚɧɟɧɚɧɟɫɢɫɬɟɦɧɢɹɪɢɫɤɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɹɩɨɪɬɮɟɣɥ

x ɈɫɢɝɭɪɹɜɚɧɟɧɚɥɢɤɜɢɞɧɨɫɬɡɚɚɤɰɢɨɧɟɪɢɬɟɧɚȾɪɭɠɟɫɬɜɨɬɨɱɪɟɡɪɟɝɢɫɬɪɢɪɚɧɟɧɚɚɤɰɢɢɬɟɧɚȺɞɜɚɧɫ

ɌɟɪɚɮɨɧɞȺȾɋɂɐɡɚɬɴɪɝɨɜɢɹɧɚȻɴɥɝɚɪɫɤɚɮɨɧɞɨɜɚɛɨɪɫɚ±ɋɨɮɢɹ

x ɂɡɜɴɪɲɜɚɧɟɧɚɧɟɨɛɯɨɞɢɦɢɬɟɭɜɟɥɢɱɟɧɢɹɧɚɤɚɩɢɬɚɥɚɫɰɟɥɫɬɪɭɤɬɭɪɢɪɚɧɟɧɚɛɚɥɚɧɫɢɪɚɧɩɨɪɬɮɟɣɥ

ɨɬɧɟɞɜɢɠɢɦɢɢɦɨɬɢ

ɂɧɜɟɫɬɢɰɢɨɧɧɚɬɚ ɩɨɥɢɬɢɤɚ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɩɪɟɞɜɢɠɞɚ ɬɨ ɞɚ ɢɧɜɟɫɬɢɪɚ ɧɚɛɪɚɧɢɹ ɤɚɩɢɬɚɥ ɜ ɢɦɨɬɢ

ɧɚɯɨɞɹɳɢ ɫɟ ɧɚ ɬɟɪɢɬɨɪɢɹɬɚ ɧɚ Ɋɟɩɭɛɥɢɤɚ Ȼɴɥɝɚɪɢɹ ɢ ɨɩɪɟɞɟɥɟɧɢ ɫɩɨɪɟɞ ɨɫɧɨɜɧɨɬɨ ɢɦ ɢ ɤɨɧɤɪɟɬɧɨ

ɩɪɟɞɧɚɡɧɚɱɟɧɢɟɫɴɝɥɚɫɧɨɭɫɬɪɨɣɫɬɜɟɧɢɬɟɫɯɟɦɢɢɩɥɚɧɨɜɟɢɩɨɞɪɨɛɧɢɹɭɫɬɪɨɣɫɬɜɟɧɩɥɚɧɤɚɤɬɨɫɥɟɞɜɚ

x ɩɨɡɟɦɥɟɧɢɢɦɨɬɢɜɡɟɦɟɞɟɥɫɤɢɬɟɪɢɬɨɪɢɢ±ɨɛɪɚɛɨɬɜɚɟɦɢɡɟɦɢɧɢɜɢɨɜɨɳɧɢɢɡɟɥɟɧɱɭɤɨɜɢɝɪɚɞɢɧɢ

ɥɨɡɹɥɢɜɚɞɢɢɞɪɭɝɢɢɧɟɨɛɪɚɛɨɬɜɚɟɦɢɡɟɦɢ

x ɩɨɡɟɦɥɟɧɢ ɢɦɨɬɢ ɜ ɭɪɛɚɧɢɡɢɪɚɧɢ ɬɟɪɢɬɨɪɢɢ ɧɚɫɟɥɟɧɢ ɦɟɫɬɚ ɢ ɫɟɥɢɳɧɢ ɨɛɪɚɡɭɜɚɧɢɹ ±

ɩɪɟɞɧɚɡɧɚɱɟɧɢɡɚ ɠɢɥɢɳɧɢ ɨɛɳɟɫɬɜɟɧɨɨɛɫɥɭɠɜɚɳɢɩɪɨɢɡɜɨɞɫɬɜɟɧɢ ɫɤɥɚɞɨɜɢ ɤɭɪɨɪɬɧɢɜɢɥɧɢ

ɫɩɨɪɬɧɢɢɪɚɡɜɥɟɤɚɬɟɥɧɢɮɭɧɤɰɢɢ

x ɩɨɡɟɦɥɟɧɢɢɦɨɬɢɜɝɨɪɫɤɢɬɟɪɢɬɨɪɢɢ±ɝɨɪɢɢɝɨɪɫɤɢɡɟɦɢ

ɋɩɨɪɟɞɢɧɜɟɫɬɢɰɢɨɧɧɚɬɚɩɨɥɢɬɢɤɚɧɚȾɪɭɠɟɫɬɜɨɬɨɢɧɜɟɫɬɢɰɢɢɬɟɜɩɨɡɟɦɥɟɧɢɢɦɨɬɢɩɪɟɞɫɬɚɜɥɹɜɚɬɞɨ

ɨɬ ɛɚɥɚɧɫɨɜɚɬɚ ɫɬɨɣɧɨɫɬ ɧɚ ɚɤɬɢɜɢɬɟ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɡɚ ɫɴɨɬɜɟɬɧɚɬɚ ɝɨɞɢɧɚ ɫɴɝɥɚɫɧɨ ɧɟɝɨɜɢɹ ɝɨɞɢɲɟɧ

ɮɢɧɚɧɫɨɜɨɬɱɟɬ

Ⱦɪɭɠɟɫɬɜɨɬɨɢɦɚɫɥɟɞɧɢɬɟɜɴɡɦɨɠɧɨɫɬɢɡɚɢɧɜɟɫɬɢɪɚɧɟɧɚɫɜɨɛɨɞɧɢɬɟɫɪɟɞɫɬɜɚ

x ɰɟɧɧɢɤɧɢɠɚɢɡɞɚɞɟɧɢɢɥɢɝɚɪɚɧɬɢɪɚɧɢɨɬɞɴɪɠɚɜɚɱɥɟɧɤɚ

x ɛɚɧɤɨɜɢɞɟɩɨɡɢɬɢɜɛɚɧɤɢɤɨɢɬɨɢɦɚɬɩɪɚɜɨɞɚɢɡɜɴɪɲɜɚɬɞɟɣɧɨɫɬɧɚɬɟɪɢɬɨɪɢɹɬɚɧɚɞɴɪɠɚɜɚ

ɱɥɟɧɤɚ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

LY



Ɂɚɤɨɧɴɬ ɡɚ ɞɪɭɠɟɫɬɜɚɬɚ ɫɴɫ ɫɩɟɰɢɚɥɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɚ ɰɟɥ ɢ ɞɪɭɠɟɫɬɜɚɬɚ ɡɚ ɫɟɤɸɪɢɬɢɡɚɰɢɹ ɩɨɡɜɨɥɹɜɚ

Ⱦɪɭɠɟɫɬɜɨɬɨɫɴɫɫɩɟɰɢɚɥɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥɢɧɜɟɫɬɢɪɚɳɨɜɧɟɞɜɢɠɢɦɢɢɦɨɬɢ

x ɞɚɢɧɜɟɫɬɢɪɚɞɨɧɚɫɬɨɨɬɚɤɬɢɜɢɬɟɫɢɜɢɩɨɬɟɱɧɢɨɛɥɢɝɚɰɢɢɞɨɩɭɫɧɚɬɢɞɨɬɴɪɝɨɜɢɹɧɚɦɹɫɬɨɡɚ

ɬɴɪɝɨɜɢɹɜɞɴɪɠɚɜɚɱɥɟɧɤɚ

x ɞɚɢɧɜɟɫɬɢɪɚɞɨɧɚɫɬɨɨɬɚɤɬɢɜɢɬɟɫɢɜɞɪɭɝɢɞɪɭɠɟɫɬɜɚɫɴɫɫɩɟɰɢɚɥɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥ

ɢɧɜɟɫɬɢɪɚɳɢɜɧɟɞɜɢɠɢɦɢɢɦɨɬɢ

x ɞɚɢɧɜɟɫɬɢɪɚɞɨɧɚɫɬɨɨɬɚɤɬɢɜɢɬɟɫɢɜɫɩɟɰɢɚɥɢɡɢɪɚɧɢɞɪɭɠɟɫɬɜɚɩɨɱɥɚɥ

x ɞɚɢɧɜɟɫɬɢɪɚɞɨɧɚɫɬɨɨɬɚɤɬɢɜɢɬɟɫɢɜɬɪɟɬɢɥɢɰɚɩɨɱɥɚɥ

x ɨɛɳɢɹɬɪɚɡɦɟɪɧɚɢɧɜɟɫɬɢɰɢɢɬɟɩɨɝɨɪɟɧɚɞɪɭɠɟɫɬɜɨɬɨɫɴɫɫɩɟɰɢɚɥɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥɧɟɦɨɠɟ

ɞɚɧɚɞɜɢɲɚɜɚɧɚɫɬɨɨɬɚɤɬɢɜɢɬɟɦɭ



ɂɧɮɨɪɦɚɰɢɹɞɚɞɟɧɚɜɫɬɨɣɧɨɫɬɧɨɢɤɨɥɢɱɟɫɬɜɟɧɨɢɡɪɚɠɟɧɢɟɨɬɧɨɫɧɨɨɫɧɨɜɧɢɬɟɤɚɬɟɝɨɪɢɢ

ɫɬɨɤɢ ɩɪɨɞɭɤɬɢ ɢɢɥɢ ɩɪɟɞɨɫɬɚɜɟɧɢ ɭɫɥɭɝɢ ɫ ɩɨɫɨɱɜɚɧɟ ɧɚ ɬɟɯɧɢɹ ɞɹɥ ɜ ɩɪɢɯɨɞɢɬɟ ɨɬ

ɩɪɨɞɚɠɛɢɧɚɟɦɢɬɟɧɬɚɤɚɬɨɰɹɥɨɢɩɪɨɦɟɧɢɬɟɧɚɫɬɴɩɢɥɢɩɪɟɡɨɬɱɟɬɧɚɬɚɮɢɧɚɧɫɨɜɚɝɨɞɢɧɚ

ɄɴɦɞɟɤɟɦɜɪɢɝɢɦɨɬɢɬɟɧɚȾɪɭɠɟɫɬɜɨɬɨɜɤɥɸɱɜɚɬɡɟɦɟɞɟɥɫɤɢɡɟɦɢɫɩɥɨɳɩɪɢɛɥɢɡɢɬɟɥɧɨ

ɞɟɤɚɪɚɧɚɫɬɨɣɧɨɫɬɯɢɥɥɜɢɦɨɬɢɜɭɪɛɚɧɢɡɢɪɚɧɢɬɟɪɢɬɨɪɢɢɫɩɥɨɳɩɪɢɛɥɢɡɢɬɟɥɧɨɞɟɤɚɪɚɧɚ

ɫɬɨɣɧɨɫɬɯɢɥɥɜɢɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚɫɩɥɨɳɞɟɤɚɪɚɧɚɫɬɨɣɧɨɫɬ

ɯɢɥɥɜɢɥɢɨɛɳɨɯɢɥɥɜɜɤɥɸɱɢɬɟɥɧɨɯɢɥɥɜɩɪɟɨɰɟɧɤɚɞɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ

Ⱦɪɭɠɟɫɬɜɨɬɨɢɦɚɫɤɥɸɱɟɧɢɡɚɫɬɨɩɚɧɫɤɚɬɚɝɨɞɢɧɚɞɨɝɨɜɨɪɢɡɚɧɚɟɦɢɚɪɟɧɞɚɧɚɞɟɤɚɪɚ

ɤɨɢɬɨɫɴɫɬɚɜɥɹɜɚɬɨɬɡɟɦɢɬɟɡɚɤɭɩɟɧɢɞɨɦɨɦɟɧɬɚɋɪɟɞɧɢɹɬɪɚɡɦɟɪɧɚɚɪɟɧɞɧɨɬɨɧɚɟɦɧɨɬɨɩɥɚɳɚɧɟ

ɡɚɫɬɨɩɚɧɫɤɚɬɚɝɨɞɢɧɚɟɜɪɚɡɦɟɪɧɚɥɜɞɤɚɊɟɚɥɢɡɢɪɚɧɢɬɟɩɪɢɯɨɞɢɨɬɚɪɟɧɞɚɡɚɢɝɨɞɢɧɚ

ɫɴɨɬɜɟɬɧɨɜɪɚɡɦɟɪɧɚɯɢɥɥɜɢɯɢɥɥɜɫɚɨɬɪɚɡɟɧɢɜɨɬɱɟɬɚɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞ

ɉɪɟɡɢɡɦɢɧɚɥɚɬɚɝȾɪɭɠɟɫɬɜɨɬɨɪɟɚɥɢɡɢɪɚɞɢɪɟɤɬɧɢɩɪɨɞɚɠɛɢɧɚɞɟɤɚɪɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢ

ɂɧɮɨɪɦɚɰɢɹɡɚɫɬɨɣɧɨɫɬɬɚɢɨɬɧɨɫɢɬɟɥɧɢɹɞɹɥɧɚɨɫɧɨɜɧɢɬɟɤɚɬɟɝɨɪɢɢɩɪɢɯɨɞɢɨɬɩɪɨɞɚɠɛɢɟɩɪɟɞɫɬɚɜɟɧɚ

ɤɚɤɬɨɫɥɟɞɜɚ

    

 ɯɢɥɥɜ ɞɹɥ ɯɢɥɥɜ ɞɹɥ

ɉɪɢɯɨɞɢɨɬɞɢɪɟɤɬɧɢɩɪɨɞɚɠɛɢɧɚɢɦɨɬɢ    

ɉɪɢɯɨɞɢɨɬ ɚɪɟɧɞɚɢ ɧɚɟɦɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɢ

ɢɦɨɬɢ    

ɉɪɢɯɨɞɢ ɨɬ ɧɟɭɩɪɚɠɧɟɧɢ ɨɩɰɢɢ ɩɨ

ɪɟɚɥɢɡɢɪɚɧɢ ɜ ɩɪɟɞɯɨɞɧɢ ɩɟɪɢɨɞɢ ɩɪɨɞɚɠɛɢ

ɧɚɢɦɨɬɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ



   

ɉɪɢɯɨɞɢ ɨɬ ɩɪɨɞɚɠɛɚ ɧɚ ɢɧɜɟɫɬɢɰɢɹ ɜ

ɞɴɳɟɪɧɨɞɪ

ɠɟɫɬɜɨ    

Ⱦɪ

ɝɢɩɪɢɯɨɞɢ    

Ɉɛɳɨɩɪɢɯɨɞɢɨɬɩɪɨɞɚɠɛɢɢɧɚɟɦɢ    



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

Y



ɂɧɮɨɪɦɚɰɢɹɨɬɧɨɫɧɨɩɪɢɯɨɞɢɬɟɪɚɡɩɪɟɞɟɥɟɧɢɩɨɨɬɞɟɥɧɢɬɟɤɚɬɟɝɨɪɢɢɞɟɣɧɨɫɬɢɜɴɬɪɟɲɧɢ

ɢɜɴɧɲɧɢɩɚɡɚɪɢɤɚɤɬɨɢɢɧɮɨɪɦɚɰɢɹɡɚɢɡɬɨɱɧɢɰɢɬɟɡɚɫɧɚɛɞɹɜɚɧɟɫɦɚɬɟɪɢɚɥɢɧɟɨɛɯɨɞɢɦɢ

ɡɚ ɩɪɨɢɡɜɨɞɫɬɜɨɬɨ ɧɚ ɫɬɨɤɢ ɢɥɢ ɩɪɟɞɨɫɬɚɜɹɧɟɬɨ ɧɚ ɭɫɥɭɝɢ ɫ ɨɬɪɚɡɹɜɚɧɟ ɫɬɟɩɟɧɬɚ ɧɚ

ɡɚɜɢɫɢɦɨɫɬɩɨɨɬɧɨɲɟɧɢɟɧɚɜɫɟɤɢɨɬɞɟɥɟɧɩɪɨɞɚɜɚɱɢɥɢɤɭɩɭɜɚɱɩɨɬɪɟɛɢɬɟɥɤɚɬɨɜɫɥɭɱɚɣ

ɱɟɨɬɧɨɫɢɬɟɥɧɢɹɬɞɹɥ ɧɚɧɹɤɨɣɨɬ ɬɹɯɧɚɞɯɜɴɪɥɹɧɚɫɬɨɨɬɪɚɡɯɨɞɢɬɟɢɥɢɩɪɢɯɨɞɢɬɟɨɬ

ɩɪɨɞɚɠɛɢɫɟɩɪɟɞɨɫɬɚɜɹɢɧɮɨɪɦɚɰɢɹɡɚɜɫɹɤɨɥɢɰɟɩɨɨɬɞɟɥɧɨɡɚɧɟɝɨɜɢɹɞɹɥɜɩɪɨɞɚɠɛɢɬɟ

ɢɥɢɩɨɤɭɩɤɢɬɟɢɜɪɴɡɤɢɬɟɦɭɫɟɦɢɬɟɧɬɚ



  

ɉɟɱɚɥɛɚɨɬɩɨɫɥɟɞɜɚɳɚɨɰɟɧɤɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɧɟɬɧɨ  

ɉɪɢɯɨɞɢɨɬɞɢɪɟɤɬɧɢɩɪɨɞɚɠɛɢɧɚɢɦɨɬɢ  

ɉɪɢɯɨɞɢɨɬɚɪɟɧɞɚɢɧɚɟɦɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ  

ɉɪɢɯɨɞɢ ɨɬ ɩɪɨɞɚɠɛɚ ɧɚ ɪɚɡɫɪɨɱɟɧɨ ɩɥɚɳɚɧɟ ɧɚ ɢɦɨɬɢ

ɜɤɥɸɱɢɬɟɥɧɨɩɪɢɯɨɞɢɨɬɨɩɰɢɢ  

ɉɪɢɯɨɞɢɨɬɥɢɯɜɢ  

ɉɪɢɯɨɞɢɨɬɩɪɨɞɚɠɛɚɧɚɢɧɜɟɫɬɢɰɢɹɜɞɴɳɟɪɧɨɞɪ

ɠɟɫɬɜɨ  

Ⱦɪ

ɝɢɩɪɢɯɨɞɢ  

Ɉɛɳɨɩɪɢɯɨɞɢ  



³Ⱥɞɜɚɧɫ Ɍɟɪɚɮɨɧɞ´ ȺȾɋɂɐ ɟ ɚɤɰɢɨɧɟɪɧɨ ɞɪɭɠɟɫɬɜɨ ɫɴɫ ɫɩɟɰɢɚɥɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɚ ɰɟɥ ɤɨɟɬɨ ɢɧɜɟɫɬɢɪɚ

ɩɚɪɢɱɧɢɬɟɫɪɟɞɫɬɜɚɧɚɛɪɚɧɢɱɪɟɡɢɡɞɚɜɚɧɟɧɚɰɟɧɧɢɤɧɢɠɚɜɧɟɞɜɢɠɢɦɢɢɦɨɬɢ



ɋɴɝɥɚɫɧɨ ɪɚɡɩɨɪɟɞɛɢɬɟ ɧɚ ɁȾɋɂɐȾɋ ɢ ɍɫɬɚɜɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɦɨɠɟ ɞɚ ɢɧɜɟɫɬɢɪɚ ɧɚɛɪɚɧɢɬɟ ɫɪɟɞɫɬɜɚ ɜ

ɧɟɞɜɢɠɢɦɢɢɦɨɬɢɤɨɢɬɨɬɪɹɛɜɚɞɚɫɟɧɚɦɢɪɚɬɧɚɬɟɪɢɬɨɪɢɹɬɚɧɚɊɟɩɭɛɥɢɤɚȻɴɥɝɚɪɢɹɢɥɢɧɚɬɟɪɢɬɨɪɢɹɬɚɧɚ

ɧɹɤɨɹɨɬɞɴɪɠɚɜɢɬɟɱɥɟɧɤɢɧɚȿɜɪɨɩɟɣɫɤɢɹɫɴɸɡɢɥɢɞɴɪɠɚɜɢɬɟ±ɫɬɪɚɧɢɩɨɋɩɨɪɚɡɭɦɟɧɢɟɬɨɡɚȿɜɪɨɩɟɣɫɤɨɬɨ

ɢɤɨɧɨɦɢɱɟɫɤɨɩɪɨɫɬɪɚɧɫɬɜɨ

ɂɡɬɨɱɧɢɰɢɡɚɮɢɧɚɧɫɢɪɚɧɟɧɚɞɟɣɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɩɪɟɡɝɫɚɩɨɫɬɴɩɥɟɧɢɹɬɚɨɬɧɚɟɦɢɢɩɪɨɞɚɠɛɢ

ɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ



Ⱦɪɭɠɟɫɬɜɨɬɨɟɪɟɚɥɢɡɢɪɚɥɨɫɞɟɥɤɢɡɚɩɪɨɞɚɠɛɚɧɚɧɟɞɜɢɠɢɦɢɢɦɨɬɢɩɪɢɯɨɞɢɬɟɨɬɤɨɢɬɨɫɚɫɞɹɥɧɚɞɧɚ

ɫɬɨɨɬɩɪɢɯɨɞɢɬɟɨɬɩɪɨɞɚɠɛɢɫɴɫɫɥɟɞɧɢɬɟɤɥɢɟɧɬɢ



ɝ

Ʉɥɢɟɧɬ

ɋɬɨɣɧɨɫɬɧɚ

ɩɪɢɯɨɞɢɬɟɯɢɥɥɜ

Ⱦɹɥɨɬɩɪɢɯɨɞɢɬɟ

ɨɬɩɪɨɞɚɠɛɢ ȼɪɴɡɤɚɫɟɦɢɬɟɧɬɚ

Ʉɥɢɟɧɬ

 

ɇɟɫɜɴɪɡɚɧɨɥɢɰɟ



ɝ

Ʉɥɢɟɧɬ

ɋɬɨɣɧɨɫɬɧɚ

ɩɪɢɯɨɞɢɬɟɯɢɥɥɜ

Ⱦɹɥɨɬɩɪɢɯɨɞɢɬɟ

ɨɬɩɪɨɞɚɠɛɢ ȼɪɴɡɤɚɫɟɦɢɬɟɧɬɚ

Ʉɥɢɟɧɬ

 

ɇɟɫɜɴɪɡɚɧɨɥɢɰɟ

Ʉɥɢɟɧɬ

 

ɇɟɫɜɴɪɡɚɧɨɥɢɰɟ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

YL



Ⱦɪɭɠɟɫɬɜɨɬɨɟɪɟɚɥɢɡɢɪɚɥɨɫɞɟɥɤɢɡɚɨɬɞɚɜɚɧɟɩɨɞɧɚɟɦɧɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢɩɪɢɯɨɞɢɬɟɨɬɤɨɢɬɨɫɚɫɞɹɥɧɚɞ

ɧɚɫɬɨɨɬɩɪɢɯɨɞɢɬɟɨɬɧɚɟɦɢɫɴɫɫɥɟɞɧɢɬɟɤɥɢɟɧɬɢ



ɝ

Ʉɥɢɟɧɬ

ɋɬɨɣɧɨɫɬɧɚ

ɩɪɢɯɨɞɢɬɟɯɢɥɥɜ

Ⱦɹɥɨɬɩɪɢɯɨɞɢɬɟ

ɨɬɧɚɟɦɢ ȼɪɴɡɤɚɫɟɦɢɬɟɧɬɚ

Ʉɥɢɟɧɬ   ɋɜɴɪɡɚɧɨɥɢɰɟ



ɝ

Ʉɥɢɟɧɬ

ɋɬɨɣɧɨɫɬɧɚ

ɩɪɢɯɨɞɢɬɟɯɢɥɥɜ

Ⱦɹɥɨɬɩɪɢɯɨɞɢɬɟ

ɨɬɧɚɟɦɢ ȼɪɴɡɤɚɫɟɦɢɬɟɧɬɚ

Ʉɥɢɟɧɬ   ɇɟɫɜɴɪɡɚɧɨɥɢɰɟ

Ʉɥɢɟɧɬ   ɋɜɴɪɡɚɧɨɥɢɰɟ



ɉɪɟɡɝɢɝɧɚɣɝɨɥɟɦɢɹɬɞɨɫɬɚɜɱɢɤɧɚȾɪɭɠɟɫɬɜɨɬɨɟɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾ



ɝ

Ⱦɨɫɬɚɜɱɢɤ

ɋɬɨɣɧɨɫɬɧɚ

ɚɡɯɨɞɢɬɟɯɢɥɥɜ

Ⱦɹɥɨɬɪɚɡɯɨɞɢɬɟ

 ȼɪɴɡɤɚɫɟɦɢɬɟɧɬɚ

ɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾ   ɋɜɴɪɡɚɧɨɥɢɰɟ



ɝ

Ⱦɨɫɬɚɜɱɢɤ

ɋɬɨɣɧɨɫɬɧɚ

ɚɡɯɨɞɢɬɟɯɢɥɥɜ

Ⱦɹɥɨɬɪɚɡɯɨɞɢɬɟ

 ȼɪɴɡɤɚɫɟɦɢɬɟɧɬɚ

ɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾ   ɋɜɴɪɡɚɧɨɥɢɰɟ



ɂɧɮɨɪɦɚɰɢɹɡɚɫɤɥɸɱɟɧɢɫɴɳɟɫɬɜɟɧɢɫɞɟɥɤɢ



ɋɢɡɤɥɸɱɟɧɢɟɧɚɩɨɫɨɱɟɧɢɬɟɩɨɝɨɪɟɫɞɟɥɤɢɫɨɬɧɨɫɢɬɟɥɟɧɞɹɥɧɚɞɨɬɩɪɢɯɨɞɢɬɟɪɚɡɯɨɞɢɬɟȾɪɭɠɟɫɬɜɨɬɨ

ɧɟɟɫɤɥɸɱɜɚɥɨɞɪɭɝɢɫɞɟɥɤɢɤɨɢɬɨɞɚɫɚɨɬɫɴɳɟɫɬɜɟɧɨɡɧɚɱɟɧɢɟ



ɂɧɮɨɪɦɚɰɢɹɨɬɧɨɫɧɨɫɞɟɥɤɢɬɟɫɤɥɸɱɟɧɢɦɟɠɞɭɟɦɢɬɟɧɬɚɢɫɜɴɪɡɚɧɢɥɢɰɚɩɪɟɡɨɬɱɟɬɧɢɹ

ɩɟɪɢɨɞ ɩɪɟɞɥɨɠɟɧɢɹ ɡɚ ɫɤɥɸɱɜɚɧɟ ɧɚ ɬɚɤɢɜɚ ɫɞɟɥɤɢ ɤɚɤɬɨ ɢ ɫɞɟɥɤɢ ɤɨɢɬɨ ɫɚ ɢɡɜɴɧ

ɨɛɢɱɚɣɧɚɬɚ ɦɭ ɞɟɣɧɨɫɬ ɢɥɢ ɫɴɳɟɫɬɜɟɧɨ ɫɟ ɨɬɤɥɨɧɹɜɚɬ ɨɬ ɩɚɡɚɪɧɢɬɟɭɫɥɨɜɢɹɩɨɤɨɢɬɨ

ɟɦɢɬɟɧɬɴɬɢɥɢɧɟɝɨɜɨɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨɟɫɬɪɚɧɚɫɩɨɫɨɱɜɚɧɟɧɚɫɬɨɣɧɨɫɬɬɚɧɚɫɞɟɥɤɢɬɟ

ɯɚɪɚɤɬɟɪɚ ɧɚ ɫɜɴɪɡɚɧɨɫɬɬɚ ɢ ɜɫɹɤɚ ɢɧɮɨɪɦɚɰɢɹ ɧɟɨɛɯɨɞɢɦɚ ɡɚ ɨɰɟɧɤɚ ɧɚ ɜɴɡɞɟɣɫɬɜɢɟɬɨ

ɜɴɪɯɭɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɧɚɟɦɢɬɟɧɬɚ



³Ⱥɞɜɚɧɫ Ɍɟɪɚɮɨɧɞ´ ȺȾɋɂɐ ɢɦɚ ɫɤɥɸɱɟɧ ɞɨɝɨɜɨɪ ɡɚ ɩɪɟɞɨɫɬɚɜɹɧɟ ɧɚ ɭɫɥɭɝɢ ɨɬ ³Ʉɚɪɨɥ Ɏɢɧɚɧɫ´ ȿɈɈȾ

ɨɛɫɥɭɠɜɚɳɨɞɪɭɠɟɫɬɜɨɤɨɟɬɨɩɪɢɬɟɠɚɜɚɞɹɥɨɬɚɤɰɢɨɧɟɪɧɢɹɤɚɩɢɬɚɥɧɚȾɪɭɠɟɫɬɜɨɬɨɤɴɦɞɟɤɟɦɜɪɢ

ɝɜɪɚɡɦɟɪɧɚȿɞɧɨɥɢɱɟɧɫɨɛɫɬɜɟɧɢɤɧɚɤɚɩɢɬɚɥɚɧɚ³ɄɚɪɨɥɎɢɧɚɧɫ´ȿɈɈȾɟɋɬɚɧɢɦɢɪɆɚɪɢɧɨɜ

Ʉɚɪɨɥɟɜ

Ɉɛɳɢɹɬɪɚɡɦɟɪɧɚɬɚɤɫɚɬɚɩɨɞɨɝɨɜɨɪɚɡɚɨɛɫɥɭɠɜɚɧɟɩɪɟɡɝɜɴɡɥɢɡɚɧɚɯɢɥɥɜ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

YLL



ɝ



Ʉɨɧɫɭɥɬɚɧɬɫɤɢɭɫɥɭɝɢ

Ɂɚɞɴɥɠɟɧɢɟɜ

ɧɚɱɚɥɨɬɨɧɚ

ɝɨɞɢɧɚɬɚ

ɇɚɱɢɫɥɟɧɢ

ɩɪɟɡ

ɝɨɞɢɧɚɬɚ

ɉɥɚɬɟɧɢ

ɩɪɟɡ

ɝɨɞɢɧɚɬɚ

Ɂɚɞɴɥɠɟɧɢɟ

ɜɤɪɚɹɧɚ

ɝɨɞɢɧɚɬɚ

³ɄɚɪɨɥɎɢɧɚɧɫ´ȿɈɈȾ    



Ʉɴɦɞɟɤɟɦɜɪɢɝ³ȺɝɪɨɌɟɪɚɋɟɜɟɪ´ȺȾHɫɜɴɪɡɚɧRɥɢɰHɫ³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐɩɨɞɤɨɧɬɪɨɥ

ɧɚɤɪɚɣɧɢɹɫɨɛɫɬɜɟɧɢɤɧɚɤɚɩɢɬɚɥɚɧɚɨɛɫɥɭɠɜɚɳɨɬɨɞɪɭɠɟɫɬɜɨ±ɋɬɚɧɢɦɢɪɆɚɪɢɧɨɜɄɚɪɨɥɟɜ



Ɂɚɩɟɪɢɨɞɚɨɬɹɧɭɚɪɢɝɞɨɞɟɤɟɦɜɪɢɝ³Ɋɟɦɭɫɫ´ȿɈɈȾɟɫɜɴɪɡɚɧɨɥɢɰɟɫ³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´

ȺȾɋɂɐɩɨɞɤɨɧɬɪɨɥɧɚɤɪɚɣɧɢɹɫɨɛɫɬɜɟɧɢɤɧɚɤɚɩɢɬɚɥɚɧɚɨɛɫɥɭɠɜɚɳɨɬɨɞɪɭɠɟɫɬɜɨ±ɋɬɚɧɢɦɢɪɆɚɪɢɧɨɜ

Ʉɚɪɨɥɟɜ

ɇɚɞɟɤɟɦɜɪɢɝɟɞɧɨɥɢɱɧɢɹɬɫɨɛɫɬɜɟɧɢɤɧɚ³Ɋɟɦɭɫɫ´ȿɈɈȾɩɭɛɥɢɱɧɨɟɨɩɨɜɟɫɬɢɥɢɧɮɨɪɦɚɰɢɹɡɚ

ɜɩɢɫɚɧɚɧɚɞɟɤɟɦɜɪɢɝɜɌɴɪɝɨɜɫɤɢɹɪɟɝɢɫɬɴɪɩɪɨɞɚɠɛɚɧɚɞɪɭɠɟɫɬɜɨɬɨɧɚɧɟɫɜɴɪɡɚɧɨɥɢɰɟ

Ʉɴɦɞɟɤɟɦɜɪɢɝ³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ɟɧɚɩɪɚɜɢɥɨɩɪɟɰɟɧɤɚɱɟɧɟɟɫɜɴɪɡɚɧɨɥɢɰɟɫ³Ɋɟɦɭɫɫ´ȿɈɈȾ



ɹɧɭɚɪɢɝ±ɞɟɤɟɦɜɪɢɝ



ɉɪɟɡɨɬɱɟɬɧɢɹɩɟɪɢɨɞȾɪɭɠɟɫɬɜɨɬɨɧɹɦɚɩɪɟɞɥɨɠɟɧɢɹɡɚɫɤɥɸɱɜɚɧɟɧɚɫɞɟɥɤɢɤɨɢɬɨɫɚɢɡɜɴɧɨɛɢɱɚɣɧɚɬɚɦɭ

ɞɟɣɧɨɫɬɢɥɢɫɴɳɟɫɬɜɟɧɨɫɟɨɬɤɥɨɧɹɜɚɬɨɬɩɚɡɚɪɧɢɬɟɭɫɥɨɜɢɹ

Ʉɴɦɞɟɤɟɦɜɪɢɝ³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐɧɹɦɚɞɴɳɟɪɧɢɞɪɭɠɟɫɬɜɚ



ɂɧɮɨɪɦɚɰɢɹɡɚɫɴɛɢɬɢɹɢɩɨɤɚɡɚɬɟɥɢɫɧɟɨɛɢɱɚɟɧɡɚɟɦɢɬɟɧɬɚɯɚɪɚɤɬɟɪɢɦɚɳɢɫɴɳɟɫɬɜɟɧɨ

ɜɥɢɹɧɢɟɜɴɪɯɭɞɟɣɧɨɫɬɬɚɦɭɢɪɟɚɥɢɡɢɪɚɧɢɬɟɨɬɧɟɝɨɩɪɢɯɨɞɢɢɢɡɜɴɪɲɟɧɢɪɚɡɯɨɞɢɨɰɟɧɤɚ

ɧɚɜɥɢɹɧɢɟɬɨɢɦɜɴɪɯɭɪɟɡɭɥɬɚɬɢɬɟɩɪɟɡɬɟɤɭɳɚɬɚɝɨɞɢɧɚ

ɇɹɦɚ ɫɴɛɢɬɢɹ ɢ ɩɨɤɚɡɚɬɟɥɢ ɫ ɧɟɨɛɢɱɚɟɧ ɯɚɪɚɤɬɟɪ ɡɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɤɨɢɬɨ ɞɚ ɫɚ ɨɤɚɡɚɥɢ ɜɥɢɹɧɢɟ ɜɴɪɯɭ

ɪɟɡɭɥɬɚɬɢɬɟɨɬɞɟɣɧɨɫɬɬɚɩɪɟɡɢɡɦɢɧɚɥɚɬɚɝɨɞɢɧɚ



 ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɫɞɟɥɤɢ ɜɨɞɟɧɢ ɢɡɜɴɧɛɚɥɚɧɫɨɜɨ  ɯɚɪɚɤɬɟɪ ɢ ɛɢɡɧɟɫ ɰɟɥ ɩɨɫɨɱɜɚɧɟ

ɮɢɧɚɧɫɨɜɨɬɨɜɴɡɞɟɣɫɬɜɢɟɧɚɫɞɟɥɤɢɬɟɜɴɪɯɭɞɟɣɧɨɫɬɬɚɚɤɨɪɢɫɤɴɬɢɩɨɥɡɢɬɟɨɬɬɟɡɢɫɞɟɥɤɢ

ɫɚɫɴɳɟɫɬɜɟɧɢɡɚɟɦɢɬɟɧɬɚɢɚɤɨɪɚɡɤɪɢɜɚɧɟɬɨɧɚɬɚɡɢɢɧɮɨɪɦɚɰɢɹɟɫɴɳɟɫɬɜɟɧɨɡɚɨɰɟɧɤɚɬɚ

ɧɚɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɧɚɟɦɢɬɟɧɬɚ

Ⱦɪɭɠɟɫɬɜɨɬɨɧɹɦɚɫɞɟɥɤɢɤɨɢɬɨɞɚɫɟɜɨɞɹɬɢɡɜɴɧɛɚɥɚɧɫɨɜɨ

ɇɚɟɦɢ

ȼɡɟɦɚɧɟɜ

ɧɚɱɚɥɨɬɨɧɚ

ɝɨɞɢɧɚɬɚ

ɇɚɱɢɫɥɟɧɢ

ɩɪɟɡ

ɝɨɞɢɧɚɬɚ

ɉɨɥɭɱɟɧɢ

ɩɪɟɡ

ɝɨɞɢɧɚɬɚ

ȼɡɟɦɚɧɟɜ

ɤɪɚɹɧɚ

ɝɨɞɢɧɚɬɚ

³ȺɝɪɨɌɟɪɚɋɟɜɟɪ´ȺȾ    

ɇɚɟɦɢ

ȼɡɟɦɚɧɟɜ

ɧɚɱɚɥɨɬɨɧɚ

ɩɟɪɢɨɞɚ

ɇɚɱɢɫɥɟɧɢ

ɩɪɟɡ

ɩɟɪɢɨɞɚ

ɉɨɥɭɱɟɧɢ

ɩɪɟɡ

ɩɟɪɢɨɞɚ

³Ɋɟɦ

ɫɫ´ȿɈɈȾ   

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

YLLL



ɂɧɮɨɪɦɚɰɢɹɡɚɞɹɥɨɜɢɭɱɚɫɬɢɹɧɚɟɦɢɬɟɧɬɚɡɚɨɫɧɨɜɧɢɬɟɦɭɢɧɜɟɫɬɢɰɢɢɜɫɬɪɚɧɚɬɚɢɜ

ɱɭɠɛɢɧɚ ɜ ɰɟɧɧɢ ɤɧɢɠɚ ɮɢɧɚɧɫɨɜɢ ɢɧɫɬɪɭɦɟɧɬɢ ɧɟɦɚɬɟɪɢɚɥɧɢ ɚɤɬɢɜɢ ɢ ɧɟɞɜɢɠɢɦɢ

ɢɦɨɬɢɤɚɤɬɨɢɢɧɜɟɫɬɢɰɢɢɬɟɜɞɹɥɨɜɢɰɟɧɧɢɤɧɢɠɚɢɡɜɴɧɧɟɝɨɜɚɬɚɢɤɨɧɨɦɢɱɟɫɤɚɝɪɭɩɚɢ

ɢɡɬɨɱɧɢɰɢɬɟɧɚɱɢɧɢɬɟɧɚɮɢɧɚɧɫɢɪɚɧɟ

ɄɴɦɞɟɤɟɦɜɪɢɝȾɪɭɠɟɫɬɜɨɬɨɧɹɦɚɞɹɥɨɜɢɭɱɚɫɬɢɹɢɢɧɜɟɫɬɢɰɢɢɜɞɹɥɨɜɢɰɟɧɧɢɤɧɢɠɚ



ɂɡɬɨɱɧɢɰɢɧɚɮɢɧɚɧɫɢɪɚɧɟɧɚȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐ

ɋɨɛɫɬɜɟɧɤɚɩɢɬɚɥ

Ʉɚɩɢɬɚɥɴɬ ɧɚ ³Ⱥɞɜɚɧɫ Ɍɟɪɚɮɨɧɞ´ ȺȾɋɂɐ ɟ   ɥɟɜɚ ɪɚɡɩɪɟɞɟɥɟɧ ɜ   ɛɪɨɹ ɨɛɢɤɧɨɜɟɧɢ

ɩɨɢɦɟɧɧɢɛɟɡɧɚɥɢɱɧɢɚɤɰɢɢɫɧɨɦɢɧɚɥɥɟɜ

ȾɨɤɪɚɹɧɚɨɬɱɟɬɧɢɹɩɟɪɢɨɞȾɪɭɠɟɫɬɜɨɬɨɟɪɟɚɥɢɡɢɪɚɥɨɩɟɬɭɫɩɟɲɧɢɭɜɟɥɢɱɟɧɢɹɧɚɤɚɩɢɬɚɥɚɤɨɣɬɨɟɢɡɰɹɥɨ

ɜɧɟɫɟɧɩɨɞɮɨɪɦɚɬɚɧɚɩɚɪɢɱɧɢɜɧɨɫɤɢ

ɉɨɫɬɴɩɥɟɧɢɹɬɚɨɬɨɫɧɨɜɧɚɞɟɣɧɨɫɬɫɚɨɬɨɬɞɚɜɚɧɟɩɨɞɧɚɟɦɢɩɪɨɞɚɠɛɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ



ɂɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɧɚȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐ

Ʉɚɬɟɝɨɪɢɡɚɰɢɹɧɚɬɟɪɟɧɢɬɟ

Ɂɟɦɟɞɟɥɫɤɢɬɟ ɡɟɦɢ ɜ Ȼɴɥɝɚɪɢɹ ɢɦɚɬ ɩɪɢɫɜɨɟɧ ɫɪɟɞɟɧ ɚɝɪɨɧɨɦɢɱɟɫɤɢ ɛɨɧɢɬɟɬɟɧ ɛɚɥ ɤɨɣɬɨ ɢɦɚ ɡɚ ɰɟɥ ɞɚ

ɨɰɟɧɹɜɚɩɪɢɝɨɞɧɨɫɬɬɚɧɚɡɟɦɹɬɚɡɚɨɬɝɥɟɠɞɚɧɟɧɚɡɟɦɟɞɟɥɫɤɢɤɭɥɬɭɪɢɋɩɨɪɟɞɩɪɢɝɨɞɧɨɫɬɬɚɣɬɨɣɜɚɪɢɪɚɨɬ

ɞɨɇɚɣɩɨɞɯɨɞɹɳɚɡɚɡɟɦɟɞɟɥɢɟɟɤɚɬɟɝɨɪɢɹɚɧɚɣɧɟɩɨɞɯɨɞɹɳɚɟɬɚɤɚɬɟɝɨɪɢɹɉɨɝɨɥɹɦɚɬɚɱɚɫɬ

ɨɬɡɟɦɹɬɚɫɴɫɡɟɦɟɞɟɥɫɤɨɩɪɟɞɧɚɡɧɚɱɟɧɢɟɜȻɴɥɝɚɪɢɹɟɬɚɤɚɬɟɝɨɪɢɹɤɚɤɜɢɬɨɫɚɢɩɨɝɨɥɹɦɚɬɚɱɚɫɬɨɬ

ɡɟɦɢɬɟɡɚɤɭɩɟɧɢɨɬȾɪɭɠɟɫɬɜɨɬɨ



 ɌɚɛɥɢɰɚɊɚɡɩɪɟɞɟɥɟɧɢɟɧɚɡɚɤɭɩɟɧɚɬɚɨɬ³ȺȾȼȺɇɋɌȿɊȺɎɈɇȾ´ȺȾɋɂɐɡɟɦɹɩɨɤɚɬɟɝɨɪɢɢ



Ʉɚɬɟɝɨɪɢɹ

ɧɚɡɟɦɹɬɚ

ɉɥɨɳɜ

ɞɟɤɚɪɢ

ɨɬɨɛɳɢɹ

ɨɛɟɦ

ɡɚɤɭɩɟɧɚ

ɡɟɦɹ

  

   

   

   

   

   

   

   

   

Ɉɛɳɨ  

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

L[



ȼɩɪɨɰɟɫɚɧɚɩɨɞɛɨɪɧɚɡɟɦɹȾɪɭɠɟɫɬɜɨɬɨɟɧɚɫɨɱɟɧɨɤɴɦɢɧɜɟɫɬɢɪɚɧɟɜɪɚɣɨɧɢɧɚɫɬɪɚɧɚɬɚɯɚɪɚɤɬɟɪɧɢɫ

ɞɨɛɪɟɪɚɡɜɢɬɢɚɪɟɧɞɧɢɨɬɧɨɲɟɧɢɹɪɚɡɩɪɟɞɟɥɟɧɢɟɬɨɧɚɤɨɢɬɨɟɞɚɞɟɧɨɜɬɚɛɥɢɰɚʋ



ɌɚɛɥɢɰɚɊɚɡɩɪɟɞɟɥɟɧɢɟɧɚɡɚɤɭɩɟɧɚɬɚɨɬ³ȺȾȼȺɇɋɌȿɊȺɎɈɇȾ´ȺȾɋɂɐɡɟɦɹɩɨɪɚɣɨɧɢ



ɂɧɮɨɪɦɚɰɢɹɨɬɧɨɫɧɨɫɤɥɸɱɟɧɢɬɟɨɬɟɦɢɬɟɧɬɚɨɬɧɟɝɨɜɨɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨɜɤɚɱɟɫɬɜɨɬɨ

ɢɦɧɚɡɚɟɦɨɩɨɥɭɱɚɬɟɥɢɞɨɝɨɜɨɪɢɡɚɡɚɟɦɫɩɨɫɨɱɜɚɧɟɧɚɭɫɥɨɜɢɹɬɚɩɨɬɹɯɜɤɥɸɱɢɬɟɥɧɨɧɚ

ɤɪɚɣɧɢɬɟɫɪɨɤɨɜɟɡɚɢɡɩɥɚɳɚɧɟɤɚɤɬɨɢɢɧɮɨɪɦɚɰɢɹɡɚɩɪɟɞɨɫɬɚɜɟɧɢɝɚɪɚɧɰɢɢɢɩɨɟɦɚɧɟɧɚ

ɡɚɞɴɥɠɟɧɢɹ

Ʉɴɦ  ɞɟɤɟɦɜɪɢ  ɝ Ⱦɪɭɠɟɫɬɜɨɬɨ ɧɹɦɚ ɡɚɞɴɥɠɟɧɢɹ ɩɨ ɫɤɥɸɱɟɧɢ ɞɨɝɨɜɨɪɢ ɡɚ ɡɚɟɦ ɢ ɧɹɦɚ ɞɴɳɟɪɧɢ

ɞɪɭɠɟɫɬɜɚ

 ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɨɬɩɭɫɧɚɬɢɬɟ ɨɬ ɟɦɢɬɟɧɬ ɢɥɢ ɨɬ ɧɟɝɨɜɢ ɞɴɳɟɪɧɢ ɞɪɭɠɟɫɬɜɚ ɡɚɟɦɢ

ɩɪɟɞɨɫɬɚɜɹɧɟ ɧɚ ɝɚɪɚɧɰɢɢ ɢɥɢ ɩɨɟɦɚɧɟ ɧɚ ɡɚɞɴɥɠɟɧɢɹ ɨɛɳɨ ɤɴɦ ɟɞɧɨ ɥɢɰɟ ɢɥɢ ɧɟɝɨɜɨ

ɞɴɳɟɪɧɨ ɞɪɭɠɟɫɬɜɨ ɜɤɥɸɱɢɬɟɥɧɨ ɢ ɧɚ ɫɜɴɪɡɚɧɢ ɥɢɰɚ ɫ ɩɨɫɨɱɜɚɧɟ ɧɚ ɢɦɟɧɚ ɢɥɢ

ɧɚɢɦɟɧɨɜɚɧɢɟ ɢ ȿɂɄ ɧɚ ɥɢɰɟɬɨ ɯɚɪɚɤɬɟɪɚ ɧɚ ɜɡɚɢɦɨɨɬɧɨɲɟɧɢɹɬɚ ɦɟɠɞɭ ɟɦɢɬɟɧɬɚ ɢɥɢ

ɧɟɝɨɜɢ ɞɴɳɟɪɧɢ ɞɪɭɠɟɫɬɜɚ ɢ ɥɢɰɟɬɨ ɡɚɟɦɨɩɨɥɭɱɚɬɟɥ ɪɚɡɦɟɪ ɧɚ ɧɟɢɡɩɥɚɬɟɧɚɬɚ ɝɥɚɜɧɢɰɚ

ɥɢɯɜɟɧɩɪɨɰɟɧɬɞɚɬɚɧɚɫɤɥɸɱɜɚɧɟɧɚɞɨɝɨɜɨɪɚɤɪɚɟɧɫɪɨɤɧɚɩɨɝɚɫɹɜɚɧɟɪɚɡɦɟɪɧɚɩɨɟɬɨ

ɡɚɞɴɥɠɟɧɢɟɫɩɟɰɢɮɢɱɧɢɭɫɥɨɜɢɹɪɚɡɥɢɱɧɢɨɬɩɨɫɨɱɟɧɢɬɟɜɬɚɡɢɪɚɡɩɨɪɟɞɛɚɤɚɤɬɨɢɰɟɥɬɚ

ɡɚɤɨɹɬɨɫɚɨɬɩɭɫɧɚɬɢɜɫɥɭɱɚɣɱɟɫɚɫɤɥɸɱɟɧɢɤɚɬɨɰɟɥɟɜɢ

Ⱦɪɭɠɟɫɬɜɨɬɨɧɟɟɨɬɩɭɫɤɚɥɨɡɚɟɦɢɧɟɟɩɪɟɞɨɫɬɚɜɹɥɨɝɚɪɚɧɰɢɢɢɥɢɩɨɟɦɚɥɨɡɚɞɴɥɠɟɧɢɹɨɛɳɨɤɴɦɟɞɧɨɥɢɰɟ

ɢɥɢɧɟɝɨɜɨɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨɜɤɥɸɱɢɬɟɥɧɨɢɧɚɫɜɴɪɡɚɧɢɥɢɰɚ

ɂɧɮɨɪɦɚɰɢɹɡɚɢɡɩɨɥɡɜɚɧɟɬɨɧɚɫɪɟɞɫɬɜɚɬɚɨɬɢɡɜɴɪɲɟɧɚɧɨɜɚɟɦɢɫɢɹɰɟɧɧɢɤɧɢɠɚɩɪɟɡ

ɨɬɱɟɬɧɢɹɩɟɪɢɨɞ

ɉɪɟɡɨɬɱɟɬɧɢɹɩɟɪɢɨɞɧɟɫɚɟɦɢɬɢɪɚɧɢɧɨɜɢɰɟɧɧɢɤɧɢɠɚɨɬȾɪɭɠɟɫɬɜɨɬɨ

ɇɚɛɪɚɧɢɬɟɫɪɟɞɫɬɜɚɨɬɪɟɚɥɢɡɢɪɚɧɢɬɟɩɟɬɭɜɟɥɢɱɟɧɢɹɬɚɧɚɤɚɩɢɬɚɥɚɜɩɟɪɢɨɞɚɝ±ɝɫɚɢɧɜɟɫɬɢɪɚɧɢ

ɜɧɟɞɜɢɠɢɦɢɢɦɨɬɢɨɬɝɨɜɚɪɹɳɢɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɬɚɩɨɥɢɬɢɤɚɧɚȾɪɭɠɟɫɬɜɨɬɨɚɢɦɟɧɧɨ

ɥɨɡɹɥɢɜɚɞɢɢɞɪɭɝɢɢɧɟɨɛɪɚɛɨɬɜɚɟɦɢɡɟɦɢ

x ɩɨɡɟɦɥɟɧɢ ɢɦɨɬɢ ɜ ɭɪɛɚɧɢɡɢɪɚɧɢ ɬɟɪɢɬɨɪɢɢ ɧɚɫɟɥɟɧɢ ɦɟɫɬɚ ɢ ɫɟɥɢɳɧɢ ɨɛɪɚɡɭɜɚɧɢɹ ±

ɩɪɟɞɧɚɡɧɚɱɟɧɢɡɚ ɠɢɥɢɳɧɢ ɨɛɳɟɫɬɜɟɧɨɨɛɫɥɭɠɜɚɳɢɩɪɨɢɡɜɨɞɫɬɜɟɧɢ ɫɤɥɚɞɨɜɢ ɤɭɪɨɪɬɧɢ ɜɢɥɧɢ

ɫɩɨɪɬɧɢɢɪɚɡɜɥɟɤɚɬɟɥɧɢɮɭɧɤɰɢɢ

x ɩɨɡɟɦɥɟɧɢɢɦɨɬɢɜɝɨɪɫɤɢɬɟɪɢɬɨɪɢɢ±ɝɨɪɢɢɝɨɪɫɤɢɡɟɦɢ



Ɋɚɣɨɧ

Ɂɚɤɭɩɟɧɚɡɟɦɹɞɤɚ ɨɬɨɛɳɢɹɨɛɟɦ

ɋɟɜɟɪɨɡɚɩɚɞɟɧ

 

ɋɟɜɟɪɨɢɡɬɨɱɟɧ

 

ɋɟɜɟɪɟɧɰɟɧɬɪɚɥɟɧ  

ɘɝɨɢɡɬɨɱɟɧ  

ɘɠɟɧɰɟɧɬɪɚɥɟɧ  

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[



 Ⱥɧɚɥɢɡ ɧɚ ɫɴɨɬɧɨɲɟɧɢɟɬɨ ɦɟɠɞɭ ɩɨɫɬɢɝɧɚɬɢɬɟ ɮɢɧɚɧɫɨɜɢ ɪɟɡɭɥɬɚɬɢ ɨɬɪɚɡɟɧɢ ɜɴɜ

ɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬɡɚɮɢɧɚɧɫɨɜɚɬɚɝɨɞɢɧɚɢɩɨɪɚɧɨɩɭɛɥɢɤɭɜɚɧɢɩɪɨɝɧɨɡɢɡɚɬɟɡɢɪɟɡɭɥɬɚɬɢ

Ⱦɪɭɠɟɫɬɜɨɬɨɧɹɦɚɩɭɛɥɢɤɭɜɚɧɢɩɪɨɝɧɨɡɢɡɚɮɢɧɚɧɫɨɜɢɬɟɫɢɪɟɡɭɥɬɚɬɢɨɬɪɚɡɟɧɢɜɴɜɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬɡɚ

ɝɨɞɢɧɚ

  Ⱥɧɚɥɢɡ ɢ ɨɰɟɧɤɚ ɧɚ ɩɨɥɢɬɢɤɚɬɚ ɨɬɧɨɫɧɨ ɭɩɪɚɜɥɟɧɢɟɬɨ ɧɚ ɮɢɧɚɧɫɨɜɢɬɟ ɪɟɫɭɪɫɢ ɫ

ɩɨɫɨɱɜɚɧɟɧɚɜɴɡɦɨɠɧɨɫɬɢɬɟɡɚɨɛɫɥɭɠɜɚɧɟɧɚɡɚɞɴɥɠɟɧɢɹɬɚɟɜɟɧɬɭɚɥɧɢɬɟɡɚɩɥɚɯɢɢɦɟɪɤɢ

ɤɨɢɬɨɟɦɢɬɟɧɬɴɬɟɩɪɟɞɩɪɢɟɥɢɥɢɩɪɟɞɫɬɨɢɞɚɩɪɟɞɩɪɢɟɦɟɫɨɝɥɟɞɨɬɫɬɪɚɧɹɜɚɧɟɬɨɢɦ



Ƚɢɴɪɢɧɝɫɴɨɬɧɨɲɟɧɢɟɬɨɞɴɥɝɤɴɦɫɨɛɫɬɜɟɧɤɚɩɢɬɚɥɜɤɪɚɹɧɚɝɨɞɢɧɚɬɚɟɤɚɤɬɨɫɥɟɞɜɚ



ɉɪɢɧɟɨɛɯɨɞɢɦɨɫɬȾɪɭɠɟɫɬɜɨɬɨɦɨɠɟɞɚɢɡɩɨɥɡɜɚɞɴɥɝɨɜɨɮɢɧɚɧɫɢɪɚɧɟɫɥɟɞɢɧɜɟɫɬɢɪɚɧɟɧɚɫɨɛɫɬɜɟɧɢɬɟ

ɩɚɪɢɱɧɢɫɪɟɞɫɬɜɚɉɨɥɢɬɢɤɚɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɟɞɚɫɤɥɸɱɜɚɞɨɝɨɜɨɪɢɡɚɤɪɚɬɤɨɫɪɨɱɧɢɛɚɧɤɨɜɢɤɪɟɞɢɬɢɉɪɟɡ

ɨɬɱɟɬɧɢɹɩɟɪɢɨɞɧɟɟɢɡɩɨɥɡɜɚɧɨɜɴɧɲɧɨɮɢɧɚɧɫɢɪɚɧɟɧɚɞɟɣɧɨɫɬɬɚɩɨɪɚɞɢɧɚɥɢɱɢɟɧɚɞɨɫɬɚɬɴɱɟɧɫɨɛɫɬɜɟɧ

ɮɢɧɚɧɫɨɜɪɟɡɭɪɫ

Ɉɰɟɧɤɚɧɚɜɴɡɦɨɠɧɨɫɬɢɬɟɡɚɪɟɚɥɢɡɚɰɢɹɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɧɚɦɟɪɟɧɢɹɫɩɨɫɨɱɜɚɧɟɧɚ

ɪɚɡɦɟɪɚɧɚɪɚɡɩɨɥɚɝɚɟɦɢɬɟɫɪɟɞɫɬɜɚɢɨɬɪɚɡɹɜɚɧɟɧɚɜɴɡɦɨɠɧɢɬɟɩɪɨɦɟɧɢɜɫɬɪɭɤɬɭɪɚɬɚɧɚ

ɮɢɧɚɧɫɢɪɚɧɟɧɚɬɚɡɢɞɟɣɧɨɫɬ



ȼɴɬɪɟɲɧɢɬɟɢɡɬɨɱɧɢɰɢɧɚɥɢɤɜɢɞɧɨɫɬɤɴɦɤɪɚɹɧɚɝɫɚɞɨɫɬɚɬɴɱɧɢɡɚɩɨɞɫɢɝɭɪɹɜɚɧɟɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɹ

ɩɪɨɰɟɫɤɨɟɬɨɟɩɪɢɱɢɧɚȾɪɭɠɟɫɬɜɨɬɨɞɚɧɹɦɚɧɟɨɛɯɨɞɢɦɨɫɬɨɬɨɫɢɝɭɪɹɜɚɧɟɧɚɜɴɧɲɧɨɮɢɧɚɧɫɢɪɚɧɟ



ɋɩɨɫɨɛɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɞɚɩɨɤɪɢɜɚɬɟɤɭɳɢɬɟɫɢɪɚɡɯɨɞɢɫɴɨɬɜɟɬɧɨɞɚɪɟɚɥɢɡɢɪɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɫɢ

ɧɚɦɟɪɟɧɢɹɦɨɠɟɞɚɛɴɞɟɢɡɪɚɡɟɧɨɫɤɨɟɮɢɰɢɟɧɬɢɬɟɧɚɥɢɤɜɢɞɧɨɫɬɡɚɩɟɪɢɨɞɚ±ɝɨɞɢɧɚ



Ʉɨɟɮɢɰɢɟɧɬɧɚɨɛɳɚɥɢɤɜɢɞɧɨɫɬ



 

Ɉɛɳɨɡɚɞɴɥɠɟɧɢɹ  

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɢɤɪɚɬɤɨɫɪɨɱɧɢɞɟɩɨɡɢɬɢ  

ɇɟɬɟɧɞɴɥɝ  

Ⱦɴɥɝɨɫɪɨɱɧɢɩɚɫɢɜɢ  

ɋɨɛɫɬɜɟɧɤɚɩɢɬɚɥ  

ɋɴɨɬɧɨɲɟɧɢɟȾɴɥɝɨɫɪɨɱɧɢɩɚɫɢɜɢɋɨɛɫɬɜɟɧɤɚɩɢɬɚɥ  

 ɝ ɝ ɝ ɝ ɝ

Ʉɪɚɬɤɨɬɪɚɣɧɢ

ɚɤɬɢɜɢ

ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ

Ʉɪɚɬɤɨɫɪɨɱɧɢ

ɡɚɞɴɥɠɟɧɢɹ

ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ

Ʉɨɟɮɢɰɢɟɧɬ ɧɚ

ɨɛɳɚɥɢɤɜɢɞɧɨɫɬ     

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[L



Ʉɴɦ  ɞɟɤɟɦɜɪɢ  ɝ Ⱦɪɭɠɟɫɬɜɨɬɨ ɩɪɨɞɴɥɠɚɜɚ ɞɚ ɩɨɞɞɴɪɠɚ ɜɢɫɨɤɚ ɥɢɤɜɢɞɧɨɫɬ ɤɨɟɬɨ ɫɟ ɞɴɥɠɢ ɧɚ

ɩɪɢɯɨɞɢɬɟɨɬɩɪɨɞɚɠɛɢɢɧɚɟɦɢɧɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢ



 ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɧɚɫɬɴɩɢɥɢ ɩɪɨɦɟɧɢ ɩɪɟɡ ɨɬɱɟɬɧɢɹ ɩɟɪɢɨɞ ɜ ɨɫɧɨɜɧɢɬɟ ɩɪɢɧɰɢɩɢ ɡɚ

ɭɩɪɚɜɥɟɧɢɟɧɚɟɦɢɬɟɧɬɚɢɧɚɧɟɝɨɜɚɬɚɝɪɭɩɚɩɪɟɞɩɪɟɢɹɬɢɹɩɨɫɦɢɫɴɥɚ ɧɚ Ɂɚɤɨɧɚ ɡɚ

ɫɱɟɬɨɜɨɞɫɬɜɨɬɨ

ɉɪɟɡ ɨɬɱɟɬɧɢɹ ɩɟɪɢɨɞ ɧɹɦɚ ɧɚɫɬɴɩɢɥɢ ɩɪɨɦɟɧɢ ɜ ɨɫɧɨɜɧɢɬɟ ɩɪɢɧɰɢɩɢ ɡɚ ɭɩɪɚɜɥɟɧɢɟ ɧɚ ɟɦɢɬɟɧɬɚ ɢ ɧɚ

ɧɟɝɨɜɚɬɚɢɤɨɧɨɦɢɱɟɫɤɚɝɪɭɩɚ

 ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɨɫɧɨɜɧɢɬɟ ɯɚɪɚɤɬɟɪɢɫɬɢɤɢ ɧɚ ɩɪɢɥɚɝɚɧɢɬɟ ɨɬ ɟɦɢɬɟɧɬɚɜɩɪɨɰɟɫɚɧɚ

ɢɡɝɨɬɜɹɧɟɧɚɮɢɧɚɧɫɨɜɢɬɟɨɬɱɟɬɢɫɢɫɬɟɦɚɡɚɜɴɬɪɟɲɟɧɤɨɧɬɪɨɥɢɫɢɫɬɟɦɚɡɚɭɩɪɚɜɥɟɧɢɟɧɚ

ɪɢɫɤɨɜɟ

ȼÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐȾɪɭɠɟɫɬɜɨɬɨɮɭɧɤɰɢɨɧɢɪɚɫɢɫɬɟɦɚɡɚɜɴɬɪɟɲɟɧɤɨɧɬɪɨɥɤɨɹɬɨɨɛɟɡɩɟɱɚɜɚ

ɪɚɡɭɦɧɚɬɚ ɭɜɟɪɟɧɨɫɬ ɱɟ ɰɟɥɢɬɟ ɢ ɡɚɞɚɱɢɬɟ ɧɚ ɨɪɝɚɧɢɡɚɰɢɹɬɚ ɳɟ ɛɴɞɚɬ ɩɨɫɬɢɝɧɚɬɢ Ɍɹ ɜɤɥɸɱɜɚ

ɢɞɟɧɬɢɮɢɰɢɪɚɧɟɭɩɪɚɜɥɟɧɢɟɢɨɰɟɧɤɚɧɚɛɢɡɧɟɫɪɢɫɤɨɜɟɬɟɢɟɞɢɧɚɦɢɱɟɧɩɪɨɰɟɫɤɨɣɬɨɫɟɩɪɨɦɟɧɹɡɚɟɞɧɨɫ

ɩɪɨɦɹɧɚɬɚ ɧɚ ɩɟɪɫɨɧɚɥɚ ɢ ɨɛɫɬɨɹɬɟɥɫɬɜɚɬɚ ɫɴɩɴɬɫɬɜɚɳɢ ɞɟɣɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɋɢɫɬɟɦɚɬɚɟɬɚɤɚ

ɫɬɪɭɤɬɭɪɧɨ ɨɪɝɚɧɢɡɢɪɚɧɚ ɱɟ ɞɚ ɝɚɪɚɧɬɢɪɚ ɩɪɟɜɟɧɰɢɹ ɢ ɩɪɟɞɨɬɜɪɚɬɹɜɚɧɟ ɢɡɜɴɪɲɜɚɧɟɬɨ ɧɚ ɝɪɟɲɤɢ ɢɥɢ

ɧɚɪɭɲɟɧɢɹɤɚɤɬɨɢɞɚɢɞɟɧɬɢɮɢɰɢɪɚɜɪɚɡɭɦɟɧɫɪɨɤɜɟɱɟɜɴɡɧɢɤɧɚɥɢɬɚɤɢɜɚ

ȼɫɬɪɭɤɬɭɪɚɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɫɴɜɦɟɫɬɧɨɫɴɫÄɋɢɫɬɟɦɚɬɚɡɚɜɴɬɪɟɲɟɧɤɨɧɬɪɨɥɢɭɩɪɚɜɥɟɧɢɟɧɚɪɢɫɤɚ³ɫɚ

ɩɪɢɟɬɢ ɢ ɫɟ ɩɪɢɥɚɝɚɬ ɩɨɥɢɬɢɤɢ ɩɪɚɜɢɥɚ ɢ ɩɪɨɰɟɞɭɪɢ ɤɨɢɬɨ ɨɛɟɡɩɟɱɚɜɚɬ ɟɮɟɤɬɢɜɧɨɬɨ ɮɭɧɤɰɢɨɧɢɪɚɧɟ ɧɚ

ɫɢɫɬɟɦɢɬɟɡɚɨɬɱɟɬɧɨɫɬɢɪɚɡɤɪɢɜɚɧɟɧɚɢɧɮɨɪɦɚɰɢɹɨɬȾɪɭɠɟɫɬɜɨɬɨɢɩɨɞɩɨɦɚɝɚɬɩɪɨɰɟɫɚɧɚɮɢɧɚɧɫɨɜɨ

ɨɬɱɢɬɚɧɟȼɨɬɞɟɥɧɢɬɟɩɪɚɜɢɥɚɫɚɨɩɢɫɚɧɢɪɚɡɥɢɱɧɢɬɟɜɢɞɨɜɟɩɪɚɜɚɢɡɚɞɴɥɠɟɧɢɹɧɚɨɬɝɨɜɨɪɧɢɬɟɥɢɰɚɨɛɟɦɚ

ɨɬ ɢɧɮɨɪɦɚɰɢɹ ɪɚɡɤɪɢɜɚɧɚ ɨɬ Ⱦɪɭɠɟɫɬɜɨɬɨ ɞɨɫɬɴɩɴɬ ɞɨ ɜɢɞɨɜɟɬɟ ɢɧɮɨɪɦɚɰɢɹ ɢ ɨɬɝɨɜɨɪɧɨɫɬɢɬɟ ɩɨ

ɭɩɪɚɜɥɟɧɢɟ ɧɚ ɢɧɮɨɪɦɚɰɢɨɧɧɢɬɟ ɩɨɬɨɰɢ ɋɴɡɞɚɞɟɧɚɬɚ ɫɢɫɬɟɦɚ ɡɚ ɭɩɪɚɜɥɟɧɢɟ ɧɚ ɪɢɫɤɨɜɟɬɟ ɨɫɢɝɭɪɹɜɚ

ɟɮɟɤɬɢɜɧɨɬɨ ɨɫɴɳɟɫɬɜɹɜɚɧɟ ɧɚ ɜɴɬɪɟɲɟɧ ɤɨɧɬɪɨɥ ɩɪɢ ɫɴɡɞɚɜɚɧɟɬɨ ɢ ɭɩɪɚɜɥɟɧɢɟɬɨ ɧɚ ɜɫɢɱɤɢ ɮɢɪɦɟɧɢ

ɞɨɤɭɦɟɧɬɢ ɜ ɬɱ ɮɢɧɚɧɫɨɜɢɬɟ ɨɬɱɟɬɢ ɢ ɞɪɭɝɚɬɚ ɪɟɝɭɥɢɪɚɧɚ ɢɧɮɨɪɦɚɰɢɹ ɤɨɹɬɨ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɞɥɴɠɧɨ ɞɚ

ɪɚɡɤɪɢɜɚɜɫɴɨɬɜɟɬɫɬɜɢɟɫɴɫɡɚɤɨɧɨɜɢɬɟɪɚɡɩɨɪɟɞɛɢ

ɎɢɧɚɧɫɨɜɢɬɟɨɬɱɟɬɢɫɟɢɡɝɨɬɜɹɬɜɫɴɨɬɜɟɬɫɬɜɢɟɫɜɫɢɱɤɢɆɟɠɞɭɧɚɪɨɞɧɢɬɟɫɬɚɧɞɚɪɬɢɡɚɮɢɧɚɧɫɨɜɨɨɬɱɢɬɚɧɟ

ɆɋɎɈɨɞɨɛɪɟɧɢɡɚɩɪɢɥɚɝɚɧɟɨɬɄɨɦɢɫɢɹɬɚɧɚȿɜɪɨɩɟɣɫɤɢɹɫɴɸɡ(ɋ

 ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɩɪɨɦɟɧɢɬɟ ɜ ɭɩɪɚɜɢɬɟɥɧɢɬɟ ɢ ɧɚɞɡɨɪɧɢɬɟ ɨɪɝɚɧɢ ɩɪɟɡ ɨɬɱɟɬɧɚɬɚ

ɮɢɧɚɧɫɨɜɚɝɨɞɢɧɚ

ɉɪɟɡɨɬɱɟɬɧɢɹɩɟɪɢɨɞɧɹɦɚɢɡɜɴɪɲɟɧɢɩɪɨɦɟɧɢɜɭɩɪɚɜɢɬɟɥɧɢɬɟɢɧɚɞɡɨɪɧɢɬɟɨɪɝɚɧɢ

ɂɧɮɨɪɦɚɰɢɹɡɚɩɪɢɬɟɠɚɜɚɧɢɨɬɱɥɟɧɨɜɟɬɟɧɚɭɩɪɚɜɢɬɟɥɧɢɬɟɢɧɚɤɨɧɬɪɨɥɧɢɬɟɨɪɝɚɧɢɢ

ɩɪɨɤɭɪɢɫɬɢɬɟ ɚɤɰɢɢ ɧɚ ɟɦɢɬɟɧɬɚ ɜɤɥɸɱɢɬɟɥɧɨ ɚɤɰɢɢɬɟ ɩɪɢɬɟɠɚɜɚɧɢ ɨɬ ɜɫɟɤɢ ɨɬ ɬɹɯ

ɩɨɨɬɞɟɥɧɨɢɤɚɬɨɩɪɨɰɟɧɬɨɬɚɤɰɢɢɬɟɨɬɜɫɟɤɢɤɥɚɫɤɚɤɬɨɢɩɪɟɞɨɫɬɚɜɟɧɢɢɦɨɬɟɦɢɬɟɧɬɚ

ɨɩɰɢɢɜɴɪɯɭɧɟɝɨɜɢɰɟɧɧɢɤɧɢɠɚɜɢɞɢɪɚɡɦɟɪɧɚɰɟɧɧɢɬɟɤɧɢɠɚɜɴɪɯɭɤɨɢɬɨɫɚɭɱɪɟɞɟɧɢ

ɨɩɰɢɢɬɟɰɟɧɚɧɚɭɩɪɚɠɧɹɜɚɧɟɧɚɨɩɰɢɢɬɟɩɨɤɭɩɧɚɰɟɧɚɚɤɨɢɦɚɬɚɤɚɜɚɢɫɪɨɤɧɚɨɩɰɢɢɬɟ



 ɝ ɝ ɝ ɝ ɝ

Ʉɪɚɬɤɨɬɪɚɣɧɢ

ɚɤɬɢɜɢ

ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ

Ʉɪɚɬɤɨɫɪɨɱɧɢ

ɡɚɞɴɥɠɟɧɢɹ ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ

ɇɟɬɟɧ ɨɛɨɪɨɬɟɧ

ɤɚɩɢɬɚɥ

ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ ɯɢɥɥɜ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[LL



Ʌɢɰɟ ɊɚɞɨɫɥɚɜɂɥɢɟɜɆɚɧɨɥɨɜ

Ⱦɥɴɠɧɨɫɬ ɂɡɩɴɥɧɢɬɟɥɟɧɞɢɪɟɤɬɨɪ

Ȼɪɨɣɚɤɰɢɢɫɩɪɚɜɨɧɚɝɥɚɫɜɤɚɩɢɬɚɥɚɤɴɦ ɝɨɞ 

ɨɰɟɧɬɨɬɤɚɩɢɬɚɥɚɤɴɦɝɨɞ 



Ʌɢɰɟ Ȼɨɪɢɫɥɚɜȼɢɬɚɧɨɜɉɟɬɤɨɜ

Ⱦɥɴɠɧɨɫɬ ɉɪɟɞɫɟɞɚɬɟɥɧɚɋȾ

Ȼɪɨɣɚɤɰɢɢɫɩɪɚɜɨɧɚɝɥɚɫɜɤɚɩɢɬɚɥɚɤɴɦ ɝɨɞ 

ɉɪɨɰɟɧɬɨɬɤɚɩɢɬɚɥɚɤɴɦɝɨɞ 



Ⱦɪɭɠɟɫɬɜɨɬɨɧɹɦɚɩɪɟɞɨɫɬɚɜɟɧɢɨɩɰɢɢɜɴɪɯɭɧɟɝɨɜɢɰɟɧɧɢɤɧɢɠɚ



ɂɧɮɨɪɦɚɰɢɹɡɚɭɱɚɫɬɢɟɧɚɱɥɟɧɨɜɟɬɟɧɚɫɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɜɭɩɪɚɜɢɬɟɥɧɢɢɤɨɧɬɪɨɥɧɢɨɪɝɚɧɢ

ɧɚɞɪɭɝɢɞɪɭɠɟɫɬɜɚ



Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝɨɞ



 ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɢɡɜɟɫɬɧɢɬɟ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɞɨɝɨɜɨɪɟɧɨɫɬɢ ɜɤɥɸɱɢɬɟɥɧɨ ɢ ɫɥɟɞ

ɩɪɢɤɥɸɱɜɚɧɟɧɚɮɢɧɚɧɫɨɜɚɬɚɝɨɞɢɧɚɜɪɟɡɭɥɬɚɬɧɚɤɨɢɬɨɜɛɴɞɟɳɩɟɪɢɨɞɦɨɝɚɬɞɚɧɚɫɬɴɩɹɬ

ɩɪɨɦɟɧɢɜɩɪɢɬɟɠɚɜɚɧɢɹɨɬɧɨɫɢɬɟɥɟɧɞɹɥɚɤɰɢɢɢɥɢɨɛɥɢɝɚɰɢɢɨɬɧɚɫɬɨɹɳɢɚɤɰɢɨɧɟɪɢɢɥɢ

ɨɛɥɢɝɚɰɢɨɧɟɪɢ

ɄɴɦɦɨɦɟɧɬɚɧɚɢɡɝɨɬɜɹɧɟɬɨɧɚɧɚɫɬɨɹɳɢɹɞɨɤɥɚɞɡɚɞɟɣɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɧɟɫɚɢɡɜɟɫɬɧɢɞɨɝɨɜɨɪɟɧɨɫɬɢ

ɜɪɟɡɭɥɬɚɬɧɚɤɨɢɬɨɜɛɴɞɟɳɩɟɪɢɨɞɞɚɧɚɫɬɴɩɹɬɩɪɨɦɟɧɢɜɩɪɢɬɟɠɚɜɚɧɢɹ ɨɬɧɨɫɢɬɟɥɟɧ ɞɹɥ ɚɤɰɢɢ ɢɥɢ

ɨɛɥɢɝɚɰɢɢɨɬɧɚɫɬɨɹɳɢɚɤɰɢɨɧɟɪɢɢɥɢɨɛɥɢɝɚɰɢɨɧɟɪɢ



ɂɦɟ Ⱦɥɴɠɧɨɫɬ Ⱦ

ɪɭ

ɠɟɫɬɜɨ

Ȼɨ

ɢɫɥɚɜȼɢɬɚɧɨɜɉɟɬɤɨɜ

ɥɟɧɧɚɋȾ Ʌɚɡ

ɭɪ

ɢɬȺȾ

 Ʌɢɤɜɢɞɚɬɨɪ

ȺɞɜɚɧɫȿɤɭɢɬɢɏɨɥɞɢɧɝȺȾ± 

ɜɥɢɤɜɢɞɚɰɢɹ



Ʌɢɤɜɢɞɚɬɨɪɢɥɢɰɟɩɪɟɞɫɬɚɜɥɹɜɚɳɨɧɚ

ɨɫɧɨɜɚɧɢɟɱɥɚɥɨɬɌɁÄȺɞɜɚɧɫȿɤɭɢɬɢ

ɏɨɥɞɢɧɝȺȾɜɥɢɤɜɢɞɚɰɢɹɤɚɬɨɸɪɢɞɢɱɟɫɤɨ

ɥɢɰɟ

ɱɥɟɧɧɚɋɴɜɟɬɚɧɚȾɢɪɟɤɬɨɪɢɬɟ ȿɧɟɪɞɠɢɟɮɟɤɬȿȺȾ



Ʌɢɤɜɢɞɚɬɨɪɢɥɢɰɟɩɪɟɞɫɬɚɜɥɹɜɚɳɨɧɚ

ɨɫɧɨɜɚɧɢɟɱɥɚɥɨɬɌɁÄȺɞɜɚɧɫȿɤɭɢɬɢ

ɏɨɥɞɢɧɝȺȾɜɥɢɤɜɢɞɚɰɢɹɤɚɬɨɸɪɢɞɢɱɟɫɤɨ

ɥɢɰɟ

ɱɥɟɧɧɚɋɴɜɟɬɚɧɚȾɢ

ɟɤɬɨ

ɢɬɟ ȿɧɟ

ɞɠɢɢɧɜɟɫɬȿȺȾ



Ʌɢɤɜɢɞɚɬɨɪɢɥɢɰɟɩɪɟɞɫɬɚɜɥɹɜɚɳɨɧɚ

ɨɫɧɨɜɚɧɢɟɱɥɚɥɨɬɌɁÄȺɞɜɚɧɫȿɤɭɢɬɢ

ɏɨɥɞɢɧɝȺȾɜɥɢɤɜɢɞɚɰɢɹɤɚɬɨɸɪɢɞɢɱɟɫɤɨ

ɥɢɰɟ

ɱɥɟɧɧɚɋɴɜɟɬɚɧɚȾɢ

ɟɤɬɨ

ɢɬɟ ɋȿɉȻɴɥɝɚ

ɢɹȺȾ

ɋɴɞ

ɪɭ

ɠɧɢɤ ȾȻɉ

ɨɟɤɬɈɈȾ

 ȿɞɧɨɥɢɱɟɧɫɨɛɫɬɜɟɧɢɤɧɚɤɚɩɢɬɚɥɚ ɉɨɡɢɬɟɤȻȽȿɈɈȾ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[LLL



 ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɜɢɫɹɳɢ ɫɴɞɟɛɧɢ ɚɞɦɢɧɢɫɬɪɚɬɢɜɧɢ ɢɥɢ ɚɪɛɢɬɪɚɠɧɢ ɩɪɨɢɡɜɨɞɫɬɜɚ

ɤɚɫɚɟɳɢɡɚɞɴɥɠɟɧɢɹɢɥɢɜɡɟɦɚɧɢɹɧɚɟɦɢɬɟɧɬɚɜɪɚɡɦɟɪɧɚɣɦɚɥɤɨɧɚɫɬɨɨɬɫɨɛɫɬɜɟɧɢɹ

ɦɭɤɚɩɢɬɚɥɚɤɨɨɛɳɚɬɚɫɬɨɣɧɨɫɬɧɚɡɚɞɴɥɠɟɧɢɹɬɚɢɥɢɜɡɟɦɚɧɢɹɬɚɧɚɟɦɢɬɟɧɬɚɩɨɜɫɢɱɤɢ

ɨɛɪɚɡɭɜɚɧɢ ɩɪɨɢɡɜɨɞɫɬɜɚ ɧɚɞɯɜɴɪɥɹ  ɧɚ ɫɬɨ ɨɬ ɫɨɛɫɬɜɟɧɢɹ ɦɭ ɤɚɩɢɬɚɥ ɫɟ ɩɪɟɞɫɬɚɜɹ

ɢɧɮɨɪɦɚɰɢɹɡɚɜɫɹɤɨɩɪɨɢɡɜɨɞɫɬɜɨɩɨɨɬɞɟɥɧɨ

Ⱦɪɭɠɟɫɬɜɨɬɨɧɹɦɚɜɢɫɹɳɢɫɴɞɟɛɧɢɚɞɦɢɧɢɫɬɪɚɬɢɜɧɢ ɢɥɢɚɪɛɢɬɪɚɠɧɢɩɪɨɢɡɜɨɞɫɬɜɚɤɚɫɚɟɳɢɡɚɞɴɥɠɟɧɢɹ

ɢɥɢɜɡɟɦɚɧɢɹɜɪɚɡɦɟɪɧɚɣɦɚɥɤɨɧɚɫɬɨɨɬɫɨɛɫɬɜɟɧɢɹɦɭɤɚɩɢɬɚɥ

ɂɦɟɧɚɡɚɞɢɪɟɤɬɨɪɚɡɚɜɪɴɡɤɢɫɢɧɜɟɫɬɢɬɨɪɚɜɤɥɸɱɢɬɟɥɧɨɬɟɥɟɮɨɧɟɥɟɤɬɪɨɧɧɚɩɨɳɚɢ

ɚɞɪɟɫɡɚɤɨɪɟɫɩɨɧɞɟɧɰɢɹ

ȼɢɡɩɴɥɧɟɧɢɟɧɚɪɚɡɩɨɪɟɞɛɢɬɟɧɚɱɥɝɨɬɁɉɉɐɄɢɫɴɝɥɚɫɧɨɍɫɬɚɜɚɧɚȾɪɭɠɟɫɬɜɨɬɨɢɦɚɧɚɡɧɚɱɟɧɧɚ

ɬɪɭɞɨɜɞɨɝɨɜɨɪȾɢɪɟɤɬɨɪɡɚɜɪɴɡɤɢɫɢɧɜɟɫɬɢɬɨɪɢɬɟȺɬɚɧɚɫɌɨɞɨɪɨɜȾɢɦɢɬɪɨɜ

Ⱥɞɪɟɫɢɬɟɥɟɮɨɧɡɚɤɨɪɟɫɩɨɧɞɟɧɰɢɹ

ȽɪɋɨɮɢɹɭɥÄɁɥɚɬɨɜɪɴɯ´ʋ

ɌɟɥHPDLODGLPLWURY#NDUROOEJ



ɉɪɨɦɟɧɢɜɰɟɧɚɬɚɧɚɚɤɰɢɢɬɟɧɚȾɪɭɠɟɫɬɜɨɬɨɡɚɩɟɪɢɨɞɚɝ±ɝ



ɈɩɢɫɚɧɢɟɧɚɨɫɧɨɜɧɢɬɟɪɢɫɤɨɜɟɩɪɟɞɤɨɢɬɨɟɢɡɩɪɚɜɟɧɨȾɪɭɠɟɫɬɜɨɬɨ



ȾɟɣɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɦɨɠɟɞɚɛɴɞɟɢɡɥɨɠɟɧɚɧɚɪɚɡɥɢɱɧɢɮɢɧɚɧɫɨɜɢɪɢɫɤɨɜɟɧɚɣɜɚɠɧɢɬɟɨɬɤɨɢɬɨɫɚ

ɩɚɡɚɪɟɧɪɢɫɤɜɤɥɸɱɢɬɟɥɧɨɜɚɥɭɬɟɧɢɰɟɧɨɜɢɪɢɫɤɤɪɟɞɢɬɟɧɪɢɫɤɥɢɯɜɟɧɪɢɫɤɢɥɢɤɜɢɞɟɧɪɢɫɤȼɫɢɱɤɢɬɟ

ɫɚɨɩɢɫɚɧɢɜɴɜɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬɧɚȾɪɭɠɟɫɬɜɨɬɨɤɴɞɟɬɨɫɚɞɚɞɟɧɢɞɟɬɚɣɥɧɢɟɤɫɩɨɡɢɰɢɢɧɚȾɪɭɠɟɫɬɜɨɬɨɩɨ

ɨɬɞɟɥɧɢɬɟɪɢɫɤɨɜɟ



Ⱦɪɭɠɟɫɬɜɨɬɨɢɧɜɟɫɬɢɪɚɦɢɧɢɦɭɦɧɚɫɬɨɨɬɩɨɪɬɮɟɣɥɚɫɢɜɡɟɦɹɩɪɟɞɧɚɡɧɚɱɟɧɚɡɚɡɟɦɟɞɟɥɫɤɢɧɭɠɞɢɢɞɨ

ɧɚɫɬɨɜɡɟɦɹɜɭɪɛɚɧɢɡɢɪɚɧɢɪɚɣɨɧɢɁɟɦɹɬɚɫɴɫɡɟɦɟɞɟɥɫɤɨɩɪɟɞɧɚɡɧɚɱɟɧɢɟɜɴɩɪɟɤɢɩɨɤɚɱɜɚɧɟɬɨɧɚɰɟɧɚɬɚ

ɢɩɪɟɡɨɬɱɟɬɧɢɹɩɟɪɢɨɞɫɩɪɹɦɨɩɪɟɞɯɨɞɧɢɩɟɪɢɨɞɢɟɩɨɫɥɚɛɨɢɡɥɨɠɟɧɚɧɚɪɢɫɤɨɬɧɟɛɥɚɝɨɩɪɢɹɬɧɚɩɪɨɦɹɧɚ

ɧɚɰɟɧɢɬɟɢɧɚɟɦɢɬɟɉɨɜɢɲɚɜɚɧɟɬɨɧɚɪɢɫɤɚɜɫɟɤɬɨɪɚɡɚɫɹɝɚɩɪɟɞɢɦɧɨɧɟɞɜɢɠɢɦɢɬɟɢɦɨɬɢɩɪɟɞɧɚɡɧɚɱɟɧɢ

ɡɚɡɚɫɬɪɨɹɜɚɧɟɋɰɟɥɨɝɪɚɧɢɱɚɜɚɧɟɧɚɟɜɟɧɬɭɚɥɟɧɨɬɪɢɰɚɬɟɥɟɧɟɮɟɤɬɜɴɪɯɭɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɢɞɟɣɧɨɫɬ

ɧɚȾɪɭɠɟɫɬɜɨɬɨɫɴɳɨɬɨɧɚɦɚɥɢɞɟɥɚɧɚɢɦɨɬɢɬɟɜɭɪɛɚɧɢɡɢɪɚɧɢɬɟɪɢɬɨɪɢɢ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[LY



ÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐɫɟɩɪɢɞɴɪɠɚɫɬɪɢɤɬɧɨɤɴɦɫɜɨɹɬɚɩɨɥɢɬɢɤɚɡɚɢɧɜɟɫɬɢɪɚɧɟɜɢɦɨɬɢɫɜɢɫɨɤɨ

ɤɚɱɟɫɬɜɨɨɬɝɨɜɚɪɹɳɢɧɚɩɨɬɪɟɛɧɨɫɬɢɬɟɡɚɪɚɡɜɢɜɚɧɟɧɚɦɨɞɟɪɧɨɡɟɦɟɞɟɥɢɟɢɨɬɞɚɜɚɧɟɩɨɞɧɚɟɦɢɥɢɚɪɟɧɞɚ

ɧɚɩɴɪɜɨɤɥɚɫɧɢɧɚɟɦɚɬɟɥɢɚɪɟɧɞɚɬɨɪɢɩɪɢɛɥɚɝɨɩɪɢɹɬɧɢɡɚȾɪɭɠɟɫɬɜɨɬɨɭɫɥɨɜɢɹ



ɂɧɮɨɪɦɚɰɢɹɩɨɜɴɩɪɨɫɢɫɜɴɪɡɚɧɢɫɟɤɨɥɨɝɢɹɬɚɢɫɥɭɠɢɬɟɥɢɬɟ



ÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐɩɪɢɬɟɠɚɜɚɡɟɦɢɤɨɢɬɨɫɟɨɬɞɚɜɚɬɩɨɞɧɚɟɦɫɚɦɨɡɚɡɟɦɟɞɟɥɫɤɨɩɨɥɡɜɚɧɟȼɴɪɯɭ

ɬɹɯɧɹɦɚɢɡɝɪɚɞɟɧɢɫɝɪɚɞɢɢɩɨɫɬɪɨɣɤɢɢȾɪɭɠɟɫɬɜɨɬɨɫɱɢɬɚɱɟɧɟɢɡɜɴɪɲɜɚɞɟɣɧɨɫɬɤɨɹɬɨɧɚɧɚɫɹɳɟɬɢɧɚ

ɨɤɨɥɧɚɬɚɫɪɟɞɚ



ȼɞɪɭɠɟɫɬɜɨɬɨɢɦɚɧɚɡɧɚɱɟɧɨɟɞɧɨɥɢɰɟɧɚɬɪɭɞɨɜɞɨɝɨɜɨɪɋɨɝɥɟɞɧɚɢɡɢɫɤɜɚɧɢɹɬɚɧɚɁɉɉɐɄɟɧɚɡɧɚɱɟɧɧɚ

ɬɪɭɞɨɜɞɨɝɨɜɨɪɞɢɪɟɤɬɨɪɡɚɜɪɴɡɤɢɫɢɧɜɟɫɬɢɬɨɪɢɬɟ



ȼɫɢɱɤɢɜɚɠɧɢɫɴɛɢɬɢɹɤɨɢɬɨɫɚɧɚɫɬɴɩɢɥɢɫɥɟɞɞɚɬɚɬɚɤɴɦɤɨɹɬɨɟɫɴɫɬɚɜɟɧɝɨɞɢɲɧɢɹɬ

ɮɢɧɚɧɫɨɜɨɬɱɟɬ

ɉɪɟɡɦɮɟɜɪɭɚɪɢɝȾɪɭɠɟɫɬɜɨɬɨɪɟɚɥɢɡɢɪɚɩɪɨɞɚɠɛɚɬɚɧɚɞɤɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢɤɨɢɬɨɫɚɩɪɟɞɫɬɚɜɟɧɢ

ɤɚɬɨɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚɤɴɦɞɟɤɟɦɜɪɢɝȻɟɥɟɠɤɚ

ɇɚɦɚɪɬɝȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɫɤɥɸɱɢɨɤɨɧɱɚɬɟɥɧɢɬɟɞɨɝɨɜɨɪɢɡɚɩɪɨɞɚɠɛɚɢɧɚɨɫɬɚɧɚɥɢɬɟ

ɢɧɜɟɫɬɢɰɨɧɧɢɢɦɨɬɢɤɨɢɬɨɫɚɩɪɟɞɫɬɚɜɟɧɢɤɚɬɨɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚɤɴɦɞɟɤɟɦɜɪɢɝȻɟɥɟɠɤɚ

Ʉɴɦ ɧɚɫɬɨɹɳɢɹ ɦɨɦɟɧɬ ɧɨɬɚɪɢɚɥɧɢɬɟ ɚɤɬɨɜɟ ɡɚ ɩɪɨɞɚɠɛɚ ɧɚ ɢɦɨɬɢɬɟ ɫɚ ɜ ɩɪɨɰɟɫ ɧɚ ɚɞɦɢɧɢɫɬɪɚɬɢɜɧɨ

ɨɛɪɚɛɨɬɜɚɧɟ ɨɬ ɫɴɨɬɜɟɬɧɢɬɟ ɫɥɭɠɛɢ ɩɨ ɜɩɢɫɜɚɧɢɹɬɚ Ɉɫɬɚɬɴɤɴɬ ɨɬ ɩɪɨɞɚɠɧɚɬɚ ɰɟɧɚ ɳɟ ɛɴɞɟ ɩɨɥɭɱɟɧ ɨɬ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɜ  ɞɧɟɜɟɧ ɫɪɨɤ ɨɬ ɜɩɢɫɜɚɧɟ ɧɚ ɧɨɬɚɪɢɚɥɧɢɬɟ ɚɤɬɨɜɟ ɢ ɜɩɢɫɜɚɧɟ ɧɚ ɢɩɨɬɟɤɚ ɜ ɩɨɥɡɚ ɧɚ

ɤɪɟɞɢɬɢɪɚɳɚɬɚɤɭɩɭɜɚɱɚɛɚɧɤɚ



Ɉɫɜɟɧɩɨɫɨɱɟɧɢɬɟɩɨɝɨɪɟɧɟɫɚɧɚɫɬɴɩɢɥɢɞɪɭɝɢɜɚɠɧɢɫɴɛɢɬɢɹɫɥɟɞɞɟɤɟɦɜɪɢɝɤɨɢɬɨɞɚɧɚɥɚɝɚɬ

ɞɨɩɴɥɧɢɬɟɥɧɢ ɤɨɪɟɤɰɢɢ ɢɢɥɢ ɨɩɨɜɟɫɬɹɜɚɧɢɹ ɜɴɜ ɮɢɧɚɧɫɨɜɢɹ ɨɬɱɟɬ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɡɚ ɝɨɞɢɧɚɬɚ

ɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ



Ⱦɟɣɫɬɜɢɹɜɨɛɥɚɫɬɬɚɧɚɧɚɭɱɧɨɢɡɫɥɟɞɨɜɚɬɟɥɫɤɚɬɚɢɪɚɡɜɨɣɧɚɬɚɞɟɣɧɨɫɬ



Ⱦɪɭɠɟɫɬɜɨɬɨɧɟɢɡɜɴɪɲɜɚɧɚɭɱɧɨɢɡɫɥɟɞɨɜɚɬɟɥɫɤɚɢɪɚɡɜɨɣɧɚɞɟɣɧɨɫɬ



 ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɩɪɢɞɨɛɢɜɚɧɟ ɧɚ ɫɨɛɫɬɜɟɧɢ ɚɤɰɢɢ ɢɡɢɫɤɜɚɧɚ ɩɨ ɪɟɞɚ ɧɚ ɱɥ ɞ ɨɬ

Ɍɴɪɝɨɜɫɤɢɹɡɚɤɨɧ

ÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐɧɟɟɩɪɢɞɨɛɢɜɚɥɨɢɧɟɩɪɢɬɟɠɚɜɚɫɨɛɫɬɜɟɧɢɚɤɰɢɢ

ɇɚɥɢɱɢɟɧɚɤɥɨɧɨɜɟɧɚɩɪɟɞɩɪɢɹɬɢɟɬɨ



Ⱦɪɭɠɟɫɬɜɨɬɨɧɹɦɚɤɥɨɧɨɜɟ



ɂɧɮɨɪɦɚɰɢɹɩɨɱɥɛɢɱɥɨɬɌɴɪɝɨɜɫɤɢɡɚɤɨɧ



ɂɧɮɨɪɦɚɰɢɹɩɨɱɥɛɨɬɌɁ



ɑɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɢɥɢɫɜɴɪɡɚɧɢɫɬɹɯɥɢɰɚɧɟɫɚɫɤɥɸɱɜɚɥɢɫȾɪɭɠɟɫɬɜɨɬɨɞɨɝɨɜɨɪɢɤɨɢɬɨ

ɢɡɥɢɡɚɬɢɡɜɴɧɨɛɢɱɚɣɧɚɬɚɦɭɞɟɣɧɨɫɬɢɥɢɫɴɳɟɫɬɜɟɧɨɫɟɨɬɤɥɨɧɹɜɚɬɨɬɩɚɡɚɪɧɢɬɟɭɫɥɨɜɢɹ



ɂɧɮɨɪɦɚɰɢɹɩɨɱɥɨɬɌɁ



 ȼɴɡɧɚɝɪɚɠɞɟɧɢɹɩɨɥɭɱɟɧɢɨɛɳɨɩɪɟɡɝɨɞɢɧɚɬɚɨɬɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟ



ɂɧɮɨɪɦɚɰɢɹɡɚɩɨɥɭɱɟɧɢɬɟɜɴɡɧɚɝɪɚɠɞɟɧɢɹɩɪɟɡɝɨɞɢɧɚɬɚɟɩɪɟɞɫɬɜɟɧɚɜɞɨɤɥɚɞɚɡɚɩɪɢɥɚɝɚɧɟɧɚɩɨɥɢɬɢɤɚɬɚ

ɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɧɚɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɧɚÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐɡɚɝ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺȾȿɃɇɈɋɌɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[Y



 ɉɪɢɞɨɛɢɬɢɩɪɢɬɟɠɚɜɚɧɢɢɩɪɟɯɜɴɪɥɟɧɢɨɬɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɩɪɟɡɝɨɞɢɧɚɬɚɚɤɰɢɢ

ɢɨɛɥɢɝɚɰɢɢɧɚɞɪɭɠɟɫɬɜɨɬɨ



ɂɦɟ Ȼɪɨɣɩɪɢɬɟɠɚɜɚɧɢ

ɚɤɰɢɢɤɴɦ ɝ

ɉɪɢɞɨɛɢɬɢɚɤɰɢɢ

ɩɪɟɡ ɝ

Ȼɪɨɣɩɪɢɬɟɠɚɜɚɧɢ

ɚɤɰɢɢɤɴɦ ɝ

ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜ

ɂɡɩɴɥɧɢɬɟɥɟɧɞɢɪɟɤɬɨɪ   

Ȼɨɪɢɫɥɚɉɟɬɤɨɜ

ɉɪɟɞɫɟɞɚɬɟɥɧɚɋɴɜɟɬɚɧɚ

ɞɢɪɟɤɬɨɪɢɬɟ   

ɇɟɧɱɨɉɟɧɟɜɑɥɟɧɧɚ

ɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟ ɧɟɩɪɢɬɟɠɚɜɚɚɤɰɢɢ  ɧɟɩɪɢɬɟɠɚɜɚɚɤɰɢɢ



Ⱦɪɭɠɟɫɬɜɨɬɨɧɹɦɚɢɡɞɚɞɟɧɢɨɛɥɢɝɚɰɢɢ



 ɉɪɚɜɚɧɚɱɥɟɧɨɜɟɬɟɧɚɫɴɜɟɬɢɬɟɞɚɩɪɢɞɨɛɢɜɚɬɚɤɰɢɢɢɨɛɥɢɝɚɰɢɢɧɚɞɪɭɠɟɫɬɜɨɬɨ



ɍɫɬɚɜɴɬɧɚÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐ ɧɟɩɪɟɞɜɢɠɞɚɨɝɪɚɧɢɱɟɧɢɹɡɚ ɩɪɚɜɨɬɨɧɚ ɱɥɟɧɨɜɟɬɟ ɧɚɋɴɜɟɬɚɧɚ

ɞɢɪɟɤɬɨɪɢɬɟɞɚɩɪɢɞɨɛɢɜɚɬɚɤɰɢɢɧɚȾɪɭɠɟɫɬɜɨɬɨ



ȾɪɭɝɚɢɧɮɨɪɦɚɰɢɹɩɨɩɪɟɰɟɧɤɚɧɚȾɪɭɠɟɫɬɜɨɬɨ



Ⱦɪɭɠɟɫɬɜɨɬɨ ɢɡɩɴɥɧɹɜɚ ɢɧɜɟɫɬɢɰɢɨɧɧɚɬɚ ɫɢ ɞɟɣɧɨɫɬ ɤɚɬɨ ɩɪɨɞɚɜɚ ɤɨɧɰɟɧɬɪɢɪɚɧɚ ɫɨɛɫɬɜɟɧɚ ɡɟɦɹ ɢ

ɟɞɧɨɜɪɟɦɟɧɧɨ ɢɧɜɟɫɬɢɪɚ ɜ ɡɟɦɟɞɟɥɫɤɢ ɡɟɦɢ Ɉɝɪɚɧɢɱɟɧɨɬɨ ɩɪɟɞɥɚɝɚɧɟ ɧɚ ɡɟɦɟɞɟɥɫɤɢ ɡɟɦɢ ɢ ɜɢɫɨɤɚɬɚ

ɢɧɮɥɚɰɢɹɫɚɩɪɢɱɢɧɚɡɚɩɪɨɞɴɥɠɚɜɚɳɚɬɚɩɪɟɡɝɬɟɧɞɟɧɰɢɹɧɚɡɚɫɢɥɟɧɢɧɬɟɪɟɫɨɬɫɬɪɚɧɚɧɚɡɟɦɟɞɟɥɫɤɢ

ɩɪɨɢɡɜɨɞɢɬɟɥɢɢɞɪɭɝɢɢɧɜɟɫɬɢɬɨɪɢɡɚɩɨɤɭɩɤɚɧɚɡɟɦɟɞɟɥɫɤɚɡɟɦɹɤɨɟɬɨɜɨɞɢɞɨɡɧɚɱɢɬɟɥɧɨɩɨɜɢɲɚɜɚɧɟɧɚ

ɰɟɧɚɬɚɧɚɞɟɤɚɪ



ɂɧɮɨɪɦɚɰɢɹɫɴɝɥɚɫɧɨɱɥɬɨɬɇɚɪɟɞɛɚʋɤɴɦɝ



ɉɪɟɡɨɬɱɟɬɧɢɹɩɟɪɢɨɞȾɪɭɠɟɫɬɜɨɬɨɟɨɩɨɜɟɫɬɹɜɚɥɨɩɭɛɥɢɱɧɨɜɴɬɪɟɲɧɚɬɚɢɧɮɨɪɦɚɰɢɹɫɴɝɥɚɫɧɨɢɡɢɫɤɜɚɧɢɹɬɚ

ɧɚɊɟɝɥɚɦɟɧɬɧɚɢɧɬɟɪɧɟɬɫɬɪɚɧɢɰɚɬɚɜɪɚɡɞɟɥÄɈɬɱɟɬɢɢɞɨɤɭɦɟɧɬɢɡɚɈɋȺ³ɞɨɫɬɴɩɧɚɧɚɫɥɟɞɧɢɹ

ɢɧɬɟɪɧɟɬɚɞɪɟɫKWWSVDGYDQFHWHUUDIXQGEJEJRWFKHWLLGRNXPHQWL]DRVD



ɂɧɮɨɪɦɚɰɢɨɧɧɚɬɚɚɝɟɧɰɢɹɱɪɟɡɤɨɹɬɨȾɪɭɠɟɫɬɜɨɬɨɨɩɨɜɟɫɬɹɜɚɜɴɬɪɟɲɧɚɢɧɮɨɪɦɚɰɢɹɩɨɫɦɢɫɴɥɚɧɚɱɥɨɬ

Ɋɟɝɥɚɦɟɧɬɟ[1HZVɞɨɫɬɴɩɧɚɧɚɢɧɬɟɪɧɟɬɚɞɪɟɫZZZ[QHZVFRP



ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜ



ɂɡɩɴɥɧɢɬɟɥɟɧȾɢɪɟɤɬɨɪ



ɦɚɪɬɝ

Radoslav

Iliev

Manolov

Digitally signed

by Radoslav Iliev

Manolov

Date: 2023.03.28

10:24:12 +03'00'

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɂɇɎɈɊɆȺɐɂəɉɈɉɊɂɅɈɀȿɇɂȿɈɌɇȺɊȿȾȻȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[YL



ɂɇɎɈɊɆȺɐɂəɄɔɆȽɈȾɂɒɇɂəɎɂɇȺɇɋɈȼɈɌɑȿɌɁȺȽ

ɇȺ³ȺȾȼȺɇɋɌȿɊȺɎɈɇȾ´ȺȾɋɂɐɝɪɋɈɎɂə



ɉɈɉɊɂɅɈɀȿɇɂȿɈɌɇȺɊȿȾȻȺʋɈɌȽɁȺɉɔɊȼɈɇȺɑȺɅɇɈɂ

ɉɈɋɅȿȾȼȺɓɈɊȺɁɄɊɂȼȺɇȿɌɈɇȺɂɇɎɈɊɆȺɐɂəɉɊɂɉɍȻɅɂɑɇɈɉɊȿȾɅȺȽȺɇȿ

ɇȺɐȿɇɇɂɄɇɂɀȺɂȾɈɉɍɋɄȺɇȿɇȺɐȿɇɇɂɄɇɂɀȺȾɈɌɔɊȽɈȼɂəɇȺ

ɊȿȽɍɅɂɊȺɇɉȺɁȺɊ



ɂɧɮɨɪɦɚɰɢɹɨɬɧɨɫɧɨɰɟɧɧɢɬɟɤɧɢɠɚɤɨɢɬɨɧɟɫɚɞɨɩɭɫɧɚɬɢɞɨɬɴɪɝɨɜɢɹɧɚɪɟɝɭɥɢɪɚɧɩɚɡɚɪ

ɜɊɟɩɭɛɥɢɤɚȻɴɥɝɚɪɢɹɢɥɢɞɪɭɝɚɞɴɪɠɚɜɚɱɥɟɧɤɚ

ȼɫɢɱɤɢɰɟɧɧɢɤɧɢɠɚɧɚȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɫɚɞɨɩɭɫɧɚɬɢɞɨɬɴɪɝɨɜɢɹɧɚɪɟɝɭɥɢɪɚɧɩɚɡɚɪɜɊɟɩɭɛɥɢɤɚ

Ȼɴɥɝɚɪɢɹɢɧɹɦɚɰɟɧɧɢɤɧɢɠɚɤɨɢɬɨɫɚɞɨɩɭɫɧɚɬɢɞɨɬɴɪɝɨɜɢɹɧɚɪɟɝɭɥɢɪɚɧɩɚɡɚɪɜɞɪɭɝɚɞɴɪɠɚɜɚɱɥɟɧɤɚ

ɂɧɮɨɪɦɚɰɢɹɨɬɧɨɫɧɨɩɪɹɤɨɬɨɢɧɟɩɪɹɤɨɬɨɩɪɢɬɟɠɚɜɚɧɟɧɚɧɚɫɬɨɢɥɢɩɨɜɟɱɟɨɬɩɪɚɜɚɬɚ

ɧɚɝɥɚɫɜɨɛɳɨɬɨ ɫɴɛɪɚɧɢɟ ɧɚ ɞɪɭɠɟɫɬɜɨɬɨ ɜɤɥɸɱɢɬɟɥɧɨ ɞɚɧɧɢ ɡɚɚɤɰɢɨɧɟɪɢɬɟɪɚɡɦɟɪɚɧɚ

ɞɹɥɨɜɨɬɨɢɦɭɱɚɫɬɢɟɢɧɚɱɢɧɚɩɨɤɨɣɬɨɫɟɩɪɢɬɟɠɚɜɚɬɚɤɰɢɢɬɟ

ɄɴɦɞɟɤɟɦɜɪɢɝɨɞɜȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɚɤɰɢɨɧɟɪɢɮɢɡɢɱɟɫɤɢɥɢɰɚɩɪɢɬɟɠɚɜɚɳɢɩɪɹɤɨɢ

ɧɟɩɪɹɤɨɧɚɫɬɨɢɥɢɩɨɜɟɱɟɨɬɚɤɰɢɢɬɟɧɚɞɪɭɠɟɫɬɜɨɬɨɫɩɪɚɜɨɧɚɝɥɚɫɫɚ



ɂɦɟ ɋɬɚɧɢɦɢɪɆɚɪɢɧɨɜɄɚɪɨɥɟɜ

ɇɚɱɢɧɧɚɩɪɢɬɟɠɚɜɚɧɟɧɚɚɤɰɢɢɬɟ ɇɟɩɪɹɤɨ

Ȼɪɨɣɚɤɰɢɢɫɩɪɚɜɨɧɚɝɥɚɫɜɤɚɩɢɬɚɥɚɤɴɦ ɝ



ɉɪɨɰɟɧɬɨɬɤɚɩɢɬɚɥɚɢɝɥɚɫɨɜɟɬɟɜɈɛɳɨɫɴɛɪɚɧɢɟ





ɄɴɦɞɟɤɟɦɜɪɢɝɜȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɚɤɰɢɨɧɟɪɢɸɪɢɞɢɱɟɫɤɢɥɢɰɚɫɧɚɫɬɨɢɥɢɩɨɜɟɱɟɨɬ

ɚɤɰɢɢɬɟɧɚɞɪɭɠɟɫɬɜɨɬɨɫɩɪɚɜɨɧɚɝɥɚɫɫɚ



ɇɚɢɦɟɧɨɜɚɧɢɟ ɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾ

Ȼɪɨɣɚɤɰɢɢɫɩɪɚɜɨɧɚɝɥɚɫɜɤɚɩɢɬɚɥɚɤɴɦ ɝ 

ɉɪɨɰɟɧɬɨɬɤɚɩɢɬɚɥɚɢɝɥɚɫɨɜɟɬɟɜɈɛɳɨɫɴɛɪɚɧɢɟ 



ɇɚɢɦɟɧɨɜɚɧɢɟ ɍɧɢɜɟɪɫɚɥɟɧɩɟɧɫɢɨɧɟɧɮɨɧɞɈȻȻ

Ȼɪɨɣɚɤɰɢɢɫɩɪɚɜɨɧɚɝɥɚɫɜɤɚɩɢɬɚɥɚɤɴɦ ɝ



ɉɪɨɰɟɧɬɨɬɤɚɩɢɬɚɥɚɢɝɥɚɫɨɜɟɬɟɜɈɛɳɨɫɴɛɪɚɧɢɟ





Ⱦɚɧɧɢɡɚɚɤɰɢɨɧɟɪɢɬɟɫɴɫɫɩɟɰɢɚɥɧɢɤɨɧɬɪɨɥɧɢɩɪɚɜɚɢɨɩɢɫɚɧɢɟɧɚɬɟɡɢɩɪɚɜɚ

ȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɧɹɦɚɚɤɰɢɨɧɟɪɢɫɴɫɫɩɟɰɢɚɥɧɢɤɨɧɬɪɨɥɧɢɩɪɚɜɚ

ɋɩɨɪɚɡɭɦɟɧɢɹɦɟɠɞɭɚɤɰɢɨɧɟɪɢɬɟɤɨɢɬɨɫɚ ɢɡɜɟɫɬɧɢ ɧɚɞɪɭɠɟɫɬɜɨɬɨɢɤɨɢɬɨɦɨɝɚɬɞɚ

ɞɨɜɟɞɚɬɞɨɨɝɪɚɧɢɱɟɧɢɹɜɩɪɟɯɜɴɪɥɹɧɟɬɨɧɚɚɤɰɢɢɢɥɢɩɪɚɜɨɬɨɧɚɝɥɚɫ

Ⱦɪɭɠɟɫɬɜɨɬɨɧɟɪɚɡɩɨɥɚɝɚɫɢɧɮɨɪɦɚɰɢɹɡɚɫɩɨɪɚɡɭɦɟɧɢɹɦɟɠɞɭɚɤɰɢɨɧɟɪɢɬɟɤɨɢɬɨɦɨɝɚɬɞɚɞɨɜɟɞɚɬɞɨ

ɨɝɪɚɧɢɱɟɧɢɹɜɩɪɟɯɜɴɪɥɹɧɟɬɨɧɚɚɤɰɢɢɢɥɢɩɪɚɜɨɬɨɧɚɝɥɚɫ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɂɇɎɈɊɆȺɐɂəɉɈɉɊɂɅɈɀȿɇɂȿɈɌɇȺɊȿȾȻȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[YLL



 ɋɴɳɟɫɬɜɟɧɢ ɞɨɝɨɜɨɪɢ ɧɚ ɞɪɭɠɟɫɬɜɨɬɨ ɤɨɢɬɨ ɩɨɪɚɠɞɚɬ ɞɟɣɫɬɜɢɟ ɢɡɦɟɧɹɬ ɫɟ ɢɥɢ ɫɟ

ɩɪɟɤɪɚɬɹɜɚɬ ɩɨɪɚɞɢ ɩɪɨɦɹɧɚ ɜ ɤɨɧɬɪɨɥɚ ɧɚ ɞɪɭɠɟɫɬɜɨɬɨ ɩɪɢ ɨɫɴɳɟɫɬɜɹɜɚɧɟ ɧɚ

ɡɚɞɴɥɠɢɬɟɥɧɨɬɴɪɝɨɜɨɩɪɟɞɥɚɝɚɧɟɢɩɨɫɥɟɞɢɰɢɬɟɨɬɬɹɯɨɫɜɟɧɜɫɥɭɱɚɢɬɟ ɤɨɝɚɬɨ

ɪɚɡɤɪɢɜɚɧɟɬɨ ɧɚ ɬɚɡɢ ɢɧɮɨɪɦɚɰɢɹ ɦɨɠɟ ɞɚ ɩɪɢɱɢɧɢ ɫɟɪɢɨɡɧɢ ɜɪɟɞɢ ɧɚ ɞɪɭɠɟɫɬɜɨɬɨ

ɢɡɤɥɸɱɟɧɢɟɬɨ ɩɨ ɩɪɟɞɯɨɞɧɨɬɨ ɢɡɪɟɱɟɧɢɟɧɟɫɟɩɪɢɥɚɝɚɜɫɥɭɱɚɢɬɟ ɤɨɝɚɬɨ ɞɪɭɠɟɫɬɜɨɬɨ ɟ

ɞɥɴɠɧɨɞɚɪɚɡɤɪɢɟɢɧɮɨɪɦɚɰɢɹɬɚɩɨɫɢɥɚɬɚɧɚɡɚɤɨɧɚ

ȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɧɟɟɫɬɪɚɧɚɩɨɞɨɝɨɜɨɪɢɤɨɢɬɨɩɨɪɚɠɞɚɬɞɟɣɫɬɜɢɟɢɡɦɟɧɹɬɫɟɢɥɢɫɟɩɪɟɤɪɚɬɹɜɚɬ

ɩɨɪɚɞɢɩɪɨɦɹɧɚɜɤɨɧɬɪɨɥɚɧɚɞɪɭɠɟɫɬɜɨɬɨɩɪɢɨɫɴɳɟɫɬɜɹɜɚɧɟɧɚɡɚɞɴɥɠɢɬɟɥɧɨɬɴɪɝɨɜɨɩɪɟɞɥɚɝɚɧɟ



ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜ

ɂɡɩɴɥɧɢɬɟɥɟɧȾɢɪɟɤɬɨɪ





ɦɚɪɬɝ





Radoslav

Iliev

Manolov

Digitally signed

by Radoslav Iliev

Manolov

Date: 2023.03.28

10:24:39 +03'00'

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɂɇɎɈɊɆȺɐɂəɉɈɱɥɨɬɁȾɋɂɐȾɋ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[YLLL



  ȾɈɉɔɅɇɂɌȿɅɇȺɂɇɎɈɊɆȺɐɂə



ɩɨɱɥɨɬɁɚɤɨɧɚɡɚɞɪɭɠɟɫɬɜɚɬɚɫɴɫɫɩɟɰɢɚɥɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥɢɡɚɞɪɭɠɟɫɬɜɚɬɚɡɚ

ɫɟɤɸɪɢɬɢɡɚɰɢɹɁȾɋɂɐȾɋ

ɤɴɦɝɨɞɢɲɧɢɹɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬɧɚ³ȺȾȼȺɇɋɌȿɊȺɎɈɇȾ´ȺȾɋɂɐɡɚɝ



 ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɞɟɥɚ ɧɚ ɚɤɬɢɜɢɬɟ ɨɬɞɚɞɟɧɢ ɡɚ ɩɨɥɡɜɚɧɟ ɫɪɟɳɭ ɡɚɩɥɚɳɚɧɟ ɫɩɪɹɦɨ ɨɛɳɢɹ

ɪɚɡɦɟɪɧɚɢɧɜɟɫɬɢɰɢɢɬɟɜɧɟɞɜɢɠɢɦɢɢɦɨɬɢ



Ɉɬɧɨɫɢɬɟɥɧɢɹɬ ɞɹɥ ɧɚ ɨɬɞɚɞɟɧɢɬɟ ɡɚ ɩɨɥɡɜɚɧɟ ɫɪɟɳɭ ɡɚɩɥɚɳɚɧɟ ɚɤɬɢɜɢ ɟ  ɧɚ ɫɬɨ ɨɬ ɨɛɳɢɹɪɚɡɦɟɪ ɧɚ

ɢɧɜɟɫɬɢɰɢɢɬɟɜɧɟɞɜɢɠɢɦɢɢɦɨɬɢ



ɂɧɮɨɪɦɚɰɢɹɡɚɩɪɨɞɚɠɛɚɢɥɢɩɨɤɭɩɤɚɧɚɧɨɜɚɤɬɢɜɧɚɫɬɨɣɧɨɫɬɧɚɞɜɢɲɚɜɚɳɚɫɧɚɫɬɨ

ɨɛɳɚɬɚɫɬɨɣɧɨɫɬɧɚɢɧɜɟɫɬɢɰɢɢɬɟɜɧɟɞɜɢɠɢɦɢɢɦɨɬɢ



ɉɪɟɡɝɧɹɦɚɢɡɜɴɪɲɟɧɚɩɪɨɞɚɠɛɚɢɥɢɩɨɤɭɩɤɚɧɚɧɨɜɚɤɬɢɜɧɚɫɬɨɣɧɨɫɬɧɚɞɧɚɫɬɨɨɬɨɛɳɚɬɚɫɬɨɣɧɨɫɬ

ɧɚɢɧɜɟɫɬɢɰɢɢɬɟɜɧɟɞɜɢɠɢɦɢɢɦɨɬɢ



ɂɧɮɨɪɦɚɰɢɹɡɚɫɩɚɡɜɚɧɟɧɚɢɡɢɫɤɜɚɧɢɹɬɚɩɨɱɥɚɥɢɨɬɁȾɋɂɐȾɋɤɚɤɬɨɫɥɟɞɜɚ



 Ʉɴɦ  ɞɟɤɟɦɜɪɢ  ɝ ɜɫɢɱɤɢ ɚɤɬɢɜɢ ɧɚ Ⱥɞɜɚɧɫ Ɍɟɪɚɮɨɧɞ ȺȾɋɂɐ  ɧɚ ɫɬɨ ɫɚ ɜ ɪɟɡɭɥɬɚɬ ɨɬ

ɨɫɴɳɟɫɬɜɹɜɚɧɟɧɚɞɟɣɧɨɫɬɬɚɪɟɝɥɚɦɟɧɬɢɪɚɧɚɜɱɥɚɥɬɨɬɁȾɋɂɐȾɋɚɢɦɟɧɧɨɩɨɤɭɩɤɚɧɚɧɟɞɜɢɠɢɦɢ

ɢɦɨɬɢɨɬɞɚɜɚɧɟɩɨɞɧɚɟɦɥɢɡɢɧɝɢɥɢɩɪɨɞɚɠɛɚɬɚɢɦ



ɇɚɞɧɚɫɬɨɨɬɛɪɭɬɧɢɬɟɩɪɢɯɨɞɢɧɚȾɪɭɠɟɫɬɜɨɬɨɡɚɝɫɚɜɪɟɡɭɥɬɚɬɧɚɩɪɨɞɚɠɛɚɥɢɡɢɧɝɢɥɢɨɬɞɚɜɚɧɟ

ɩɨɞɧɚɟɦɧɚɧɟɞɜɢɠɢɦɢɢɦɨɬɢɤɨɢɬɨɫɚɞɟɣɧɨɫɬɢɫɴɨɛɪɚɡɧɨɢɡɢɫɤɜɚɧɢɹɬɚɧɚɱɥɚɥɬɨɬɁȾɋɂɐȾɋ



ɂɧɮɨɪɦɚɰɢɹɡɚɫɩɚɡɜɚɧɟɧɚɢɡɢɫɤɜɚɧɢɹɬɚɩɨɱɥɚɥ±ɨɬɁȾɋɂɐȾɋɤɚɤɬɨɫɥɟɞɜɚ



ɄɴɦɞɟɤɟɦɜɪɢɝȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɟɢɧɜɟɫɬɢɪɚɥɨɜɫɢɱɤɢɬɟɫɢɫɜɨɛɨɞɧɢɫɪɟɞɫɬɜɚɜɛɚɧɤɨɜɢ

ɞɟɩɨɡɢɬɢɜɛɚɧɤɢɤɨɢɬɨɢɦɚɬɩɪɚɜɨɞɚɢɡɜɴɪɲɜɚɬɞɟɣɧɨɫɬɧɚɬɟɪɢɬɨɪɢɹɬɚɧɚɊɟɩɭɛɥɢɤɚȻɴɥɝɚɪɢɹ



ɂɧɮɨɪɦɚɰɢɹɡɚɫɩɚɡɜɚɧɟɧɚɢɡɢɫɤɜɚɧɢɹɬɚɩɨɱɥɚɥɢɨɬɁȾɋɂɐȾɋɤɚɤɬɨɫɥɟɞɜɚ



Ⱦɪɭɠɟɫɬɜɨɬɨɧɟ ɟ ɢɡɜɴɪɲɜɚɥɨɨɛɟɡɩɟɱɚɜɚɧɟɧɚ ɱɭɠɞɢɡɚɞɴɥɠɟɧɢɹɋɴɳɨ ɬɚɤɚ ɩɪɟɡ ɝɧɟ ɟ ɟɦɢɬɢɪɚɥɨ

ɞɴɥɝɨɜɢɰɟɧɧɢɤɧɢɠɚɢɧɟɟɜɡɟɦɚɥɨɛɚɧɤɨɜɢɤɪɟɞɢɬɢ



ɂɧɮɨɪɦɚɰɢɹɡɚɧɟɞɜɢɠɢɦɢɬɟɢɦɨɬɢɧɚɬɟɪɢɬɨɪɢɹɬɚɧɚɞɪɭɝɚɞɴɪɠɚɜɚɱɥɟɧɤɚɩɨɞɴɪɠɚɜɢ



Ⱦɪɭɠɟɫɬɜɨɬɨɧɟɩɪɢɬɟɠɚɜɚɢɦɨɬɢɧɚɬɟɪɢɬɨɪɢɹɬɚɧɚɞɪɭɝɚɞɴɪɠɚɜɚɱɥɟɧɤɚ



ɂɧɮɨɪɦɚɰɢɹɡɚɩɪɢɬɟɠɚɜɚɧɢɞɹɥɨɜɟɢɥɢɚɤɰɢɢɜɬɪɟɬɢɥɢɰɚɩɨɱɥɚɥɨɬɁȾɋɂɐȾɋ



ȾɪɭɠɟɫɬɜɨɬɨɧɟɩɪɢɬɟɠɚɜɚɞɹɥɨɜɟɢɥɢɚɤɰɢɢɜɬɪɟɬɢɥɢɰɚɩɨɫɦɢɫɴɥɚɧɚɱɥɱɥɚɥɨɬɁȾɋɂɐȾɋ



ɂɧɮɨɪɦɚɰɢɹɡɚɩɪɢɬɟɠɚɜɚɧɢɞɹɥɨɜɟɢɥɢɚɤɰɢɢɜɫɩɟɰɢɚɥɢɡɢɪɚɧɢɞɪɭɠɟɫɬɜɚɩɨɱɥɚɥ

ɨɬɁȾɋɂɐȾɋ



ɄɴɦɞɟɤɟɦɜɪɢɝȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɧɟɩɪɢɬɟɠɚɜɚɞɹɥɨɜɟɢɥɢɚɤɰɢɢɜɫɩɟɰɢɚɥɢɡɢɪɚɧɢɞɪɭɠɟɫɬɜɚ

ɩɨɱɥɚɥɨɬɁȾɋɂɐȾɋ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɂɇɎɈɊɆȺɐɂəɉɈɱɥɨɬɁȾɋɂɐȾɋ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[L[



ɂɧɮɨɪɦɚɰɢɹɫɴɝɥɚɫɧɨɱɥɚɥɨɬɁȾɋɂɐȾɋ











ɢɥ. ɥɜ.

ɐɟɧɚɧɚɩɪɢɞɨɛɢɜɚɧɟɧɚɡɟɦɟɞɟɥɫɤɚɡɟɦɹɡɚɤɨɹɬɨɧɟɟɢɡɜɴɪɲɟɧɚɨɰɟɧɤɚ

ɫɴɝɥɚɫɧɨɱɥɚɥɨɬɁȾɋɂɐȾɋ



ɉɨɫɥɟɞɜɚɳɚɨɰɟɧɤɚɫɴɝɥɚɫɧɨɱɥɨɬɁȾɋɂɐȾɋ 



Ȼɚɥɚɧɫɨɜɚɫɬɨɣɧɨɫɬɤɴɦɞɟɤɟɦɜɪɢɝɫɥɟɞɨɰɟɧɤɚ





ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜ

ɂɡɩɴɥɧɢɬɟɥɟɧȾɢɪɟɤɬɨɪ



ɦɚɪɬɝ



Radoslav

Iliev

Manolov

Digitally signed

by Radoslav Iliev

Manolov

Date: 2023.03.28

10:25:07 +03'00'

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɂɇɎɈɊɆȺɐɂəɉɈɱɥɚɥɈɌɇȺɊȿȾȻȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[[



ȾɈɉɔɅɇɂɌȿɅɇȺɂɇɎɈɊɆȺɐɂə

ɤɴɦɝɨɞɢɲɧɢɹɮɢɧɚɧɫɨɜɨɬɱɟɬɡɚɝɧɚ

³ȺȾȼȺɇɋɌȿɊȺɎɈɇȾ´ȺȾɋɂɐ

ɫɴɝɥɚɫɧɨɱɥɚɥɨɬɇɚɪɟɞɛɚʋɝ



ɂɡɜɴɪɲɟɧɢɫɬɪɨɟɠɢɪɟɦɨɧɬɢɢɩɨɞɨɛɪɟɧɢɹɧɚɧɟɞɜɢɠɢɦɢɢɦɨɬɢ

ɇɹɦɚɢɡɜɴɪɲɟɧɢɫɬɪɨɟɠɢɪɟɦɨɧɬɢɢɩɨɞɨɛɪɟɧɢɹɧɚɧɟɞɜɢɠɢɦɢɢɦɨɬɢ

 Ɉɬɧɨɫɢɬɟɥɧɢɹ ɞɹɥ ɧɚ ɧɟɩɥɚɬɟɧɢɬɟ ɧɚɟɦɢ ɥɢɡɢɧɝɨɜɢ ɢ ɚɪɟɧɞɧɢ ɜɧɨɫɤɢ ɫɩɪɹɦɨ ɨɛɳɚɬɚ

ɫɬɨɣɧɨɫɬɧɚɜɡɟɦɚɧɢɹɬɚ ɩɪɨɢɡɬɢɱɚɳɢ ɨɬ ɜɫɢɱɤɢ ɫɤɥɸɱɟɧɢɨɬɞɪɭɠɟɫɬɜɨɬɨ ɫɩɨɪɚɡɭɦɟɧɢɹ ɡɚ

ɧɚɟɦɥɢɡɢɧɝɢɚɪɟɧɞɚ

Ɉɬɧɨɫɢɬɟɥɧɢɹɬɞɹɥɧɚɧɟɩɥɚɬɟɧɢɬɟɧɚɟɦɢɢɚɪɟɧɞɢɫɩɪɹɦɨɨɛɳɚɬɚɫɬɨɣɧɨɫɬɧɚɜɡɟɦɚɧɢɹɬɚɩɪɨɢɡɬɢɱɚɳɢɨɬ

ɜɫɢɱɤɢɫɤɥɸɱɟɧɢɨɬɞɪɭɠɟɫɬɜɨɬɨɫɩɨɪɚɡɭɦɟɧɢɹɡɚɧɚɟɦɢɚɪɟɧɞɚHɤɚɤɬɨɫɥɟɞɜɚ



ɋɬɨɩɚɧɫɤɚɝɨɞɢɧɚ

ɇɟɩɥɚɬɟɧɢɚɪɟɧɞɢɢ

ɧɚɟɦɢɤɴɦ

ɇɟɩɥɚɬɟɧɢɚɪɟɧɞɢɢɧɚɟɦɢ

ɤɴɦɞɚɬɚɬɚɧɚɨɬɱɟɬɚ

± 



± 



± 



± 





Ⱦɪɭɠɟɫɬɜɨɬɨɟɩɪɟɞɩɪɢɟɥɨɦɟɪɤɢɡɚɫɴɛɢɪɚɧɟɧɚɩɪɨɫɪɨɱɟɧɢɬɟɜɡɟɦɚɧɢɹɨɬɚɪɟɧɞɢɢɧɚɟɦɢɩɨɫɴɞɟɛɟɧɩɴɬ

ɤɚɬɨɜɩɨɜɟɱɟɬɨɫɥɭɱɚɢɢɡɩɨɥɡɜɚɛɴɪɡɚɬɚɢɤɪɚɬɤɚɩɪɨɰɟɞɭɪɚɩɨɪɟɞɚɧɚɱɥɨɬȽɉɄɫɢɫɤɚɧɟɡɚɢɡɞɚɜɚɧɟɧɚ

ɡɚɩɨɜɟɞɡɚɢɡɩɴɥɧɟɧɢɟɢɢɡɩɴɥɧɢɬɟɥɟɧɥɢɫɬɫɪɟɳɭɞɥɴɠɧɢɰɢɬɟ



ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜ

ɂɡɩɴɥɧɢɬɟɥɟɧȾɢɪɟɤɬɨɪ





ɦɚɪɬɝ

Radoslav Iliev

Manolov

Digitally signed by

Radoslav Iliev Manolov

Date: 2023.03.28

10:25:30 +03'00'

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾȿɄɅȺɊȺɐɂəɁȺɄɈɊɉɈɊȺɌɂȼɇɈɍɉɊȺȼɅȿɇɂȿ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

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ȾȿɄɅȺɊȺɐɂə

ɁȺɄɈɊɉɈɊȺɌɂȼɇɈɍɉɊȺȼɅȿɇɂȿ

ɋɔȽɅȺɋɇɈɑɅɇȺɅȼɔȼȼɊɔɁɄȺɋȺɅɌɈɌɁɉɉɐɄ



ÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɟɞɪɭɠɟɫɬɜɨɫɴɫɫɩɟɰɢɚɥɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥɭɱɪɟɞɟɧɨɢɮɭɧɤɰɢɨɧɢɪɚɳɨɩɨ

ɪɟɞɚɧɚɁɚɤɨɧɚɡɚɞɪɭɠɟɫɬɜɚɬɚɫɴɫɫɩɟɰɢɚɥɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥɢɞɪɭɠɟɫɬɜɚɬɚɡɚɫɟɤɸɪɢɬɢɡɚɰɢɹɁȾɋɂɐȾɋ

ÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɟɩɭɛɥɢɱɧɨɞɪɭɠɟɫɬɜɨɩɨɫɦɢɫɴɥɚɧɚɁɚɤɨɧɚɡɚɩɭɛɥɢɱɧɨɬɨɩɪɟɞɥɚɝɚɧɟɧɚɰɟɧɧɢ

ɤɧɢɠɚɁɉɉɐɄɋɴɝɥɚɫɧɨɪɚɡɩɨɪɟɞɛɢɬɟɧɚɁɚɤɨɧɚÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɟɫɟɞɧɨɫɬɟɩɟɧɧɚɫɢɫɬɟɦɚɧɚ

ɭɩɪɚɜɥɟɧɢɟɤɚɬɨɞɪɭɠɟɫɬɜɨɬɨɫɟɭɩɪɚɜɥɹɜɚɢɩɪɟɞɫɬɚɜɥɹɜɚɨɬɋɴɜɟɬɧɚɞɢɪɟɤɬɨɪɢɬɟɋȾ



,ɂɧɮɨɪɦɚɰɢɹɨɬɧɨɫɧɨɬɨɜɚɤɨɣɤɨɞɟɤɫɫɩɚɡɜɚÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐ

Ɉɬɱɢɬɚɣɤɢɩɪɚɜɨɬɨɧɚɢɧɮɨɪɦɢɪɚɧɨɫɬɧɚɧɚɫɬɨɹɳɢɬɟɚɤɰɢɨɧɟɪɢɢɩɨɬɟɧɰɢɚɥɧɢɬɟɢɧɜɟɫɬɢɬɨɪɢɢɜɨɬɝɨɜɨɪɧɚ

ɧɨɪɦɚɬɢɜɧɨɭɫɬɚɧɨɜɟɧɢɬɟɜɱɥɧɚɥɢɚɥɨɬɁɉɉɐɄɢɡɢɫɤɜɚɧɢɹɋɴɜɟɬɴɬɧɚɞɢɪɟɤɬɨɪɢɬɟɧɚÄȺɞɜɚɧɫ

Ɍɟɪɚɮɨɧɞ³ȺȾɋɂɐɩɪɢɟɦɚ ɞɚɫɩɚɡɜɚɩɨɰɟɥɟɫɴɨɛɪɚɡɧɨɫɬɇɚɰɢɨɧɚɥɧɢɹɤɨɞɟɤɫɡɚɤɨɪɩɨɪɚɬɢɜɧɨɭɩɪɚɜɥɟɧɢɟ

ɇɄɄɍ ɫɴɡɞɚɞɟɧ ɩɪɟɡ ɨɤɬɨɦɜɪɢ  ɝɨɞɢɧɚ ɢ ɭɬɜɴɪɞɟɧ ɨɬ ɇɚɰɢɨɧɚɥɧɚɬɚ ɤɨɦɢɫɢɹ ɩɨ ɤɨɪɩɨɪɚɬɢɜɧɨ

ɭɩɪɚɜɥɟɧɢɟ ɩɨɫɥɟɞɜɚɳɨ ɢɡɦɟɧɟɧ ɩɪɟɡ ɮɟɜɪɭɚɪɢ  ɝɨɞɢɧɚ ɚɩɪɢɥ  ɝɨɞɢɧɚ ɢ ɸɥɢ  ɝ ɨɞɨɛɪɟɧ ɫ

Ɋɟɲɟɧɢɟʋ±ɄɄɍɨɬɝɧɚɁɚɦɟɫɬɧɢɤɩɪɟɞɫɟɞɚɬɟɥɹɧɚɄɨɦɢɫɢɹɬɚɡɚɮɢɧɚɧɫɨɜɧɚɞɡɨɪɪɴɤɨɜɨɞɟɳ

ɭɩɪɚɜɥɟɧɢɟÄɇɚɞɡɨɪɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɬɚɞɟɣɧɨɫɬ³

,, ɉɪɢɥɨɠɟɧɢɟ ɧɚ ɨɬɞɟɥɧɢɬɟ ɪɚɡɩɨɪɟɞɛɢ ɨɬ ɇɄɄɍ ɫɩɪɹɦɨ ɨɪɝɚɧɢɡɚɰɢɹɬɚ ɧɚ ɞɟɣɧɨɫɬɬɚ ɜ

ÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐ

ɇɨɪɦɚɬɢɜɧɨɞɟɣɫɬɜɢɟɫɩɪɹɦɨɫɬɪɭɤɬɭɪɚɬɚɧɚɞɪɭɠɟɫɬɜɨɬɨɧɚɦɢɪɚÄȽɥɚɜɚɩɴɪɜɚ³ɨɬɇɄɄɍɜɱɚɫɬɬɚɤɚɫɚɟɳɚ

ɟɞɧɨɫɬɟɩɟɧɧɚɬɚɫɢɫɬɟɦɚɧɚɭɩɪɚɜɥɟɧɢɟɬɴɣɤɚɬɨɞɜɭɫɬɟɩɟɧɧɚɬɚɫɢɫɬɟɦɚɟɧɟɩɪɢɥɨɠɢɦɚɩɪɢɞɪɭɠɟɫɬɜɚɬɚɫɴɫ

ɫɩɟɰɢɚɥɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥ ɫɴɝɥɚɫɧɨɢɡɢɫɤɜɚɧɢɹɬɚɧɚɁȾɋɂɐȾɋ Ɋɚɡɝɥɟɞɚɧɚɩɨ ɨɬɞɟɥɧɢɬɟɬɨɱɤɢÄȽɥɚɜɚ

ɩɴɪɜɚ³ɨɬɇɄɄɍɫɟɩɪɢɥɚɝɚɤɚɤɬɨɫɥɟɞɜɚ

 Ɋɚɡɩɨɪɟɞɛɢɬɟ ɜ ɬɨɱɤɚ  ɨɬ ɇɄɄɍ ɞɚɜɚɳɢ ɨɛɳɢɬɟ ɪɚɦɤɢ ɧɚ ɮɭɧɤɰɢɢɬɟ ɢ ɡɚɞɴɥɠɟɧɢɹɬɚ ɧɚ ɋɴɜɟɬɚ ɧɚ

ɞɢɪɟɤɬɨɪɢɬɟɫɟɩɪɢɥɚɝɚɬɜɰɹɥɨɫɬɤɚɬɨɜɫɴɨɬɜɟɬɫɬɜɢɟɫɴɫɡɚɥɨɠɟɧɢɬɟɩɪɟɩɨɪɴɤɢɤɨɪɩɨɪɚɬɢɜɧɨɬɨɪɴɤɨɜɨɞɫɬɜɨ

ɟ ɩɪɢɟɥɨ ɢ ɫɩɚɡɜɚ ȿɬɢɱɟɧ ɤɨɞɟɤɫ ɚ ɞɪɭɠɟɫɬɜɨɬɨ ɮɭɧɤɰɢɨɧɢɪɚ ɫɴɨɛɪɚɡɧɨɪɚɡɪɚɛɨɬɟɧɚɫɢɫɬɟɦɚ ɡɚ ɜɴɬɪɟɲɟɧ

ɤɨɧɬɪɨɥɢɭɩɪɚɜɥɟɧɢɟɧɚɪɢɫɤɚ

ɉɪɚɜɢɥɚɬɚɩɨɬɨɱɤɚɨɬɇɄɄɍɡɚɂɡɛɨɪɢɨɫɜɨɛɨɠɞɚɜɚɧɟɧɚɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɫɟɫɩɚɡɜɚɬ

ɢɡɰɹɥɨ

ɋɬɪɭɤɬɭɪɚɬɚɧɚɤɨɪɩɨɪɚɬɢɜɧɨɬɨɪɴɤɨɜɨɞɫɬɜɨɜÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɟɢɡɝɪɚɞɟɧɚɫɴɨɛɪɚɡɧɨɪɚɦɤɢɬɟ

ɧɚɬɨɱɤɚɨɬɇɄɄɍɩɪɢɥɨɠɢɦɚɜɰɹɥɨɫɬɩɪɢɫɥɟɞɧɢɬɟɢɡɤɥɸɱɟɧɢɹ±ɩɨɩɪɟɰɟɧɤɚɧɚɈɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚ

ɚɤɰɢɨɧɟɪɢɬɟɩɪɢ ɩɪɢɟɦɚɧɟɬɨɧɚɭɫɬɪɨɣɫɬɜɟɧɢɹɚɤɬɧɚɞɪɭɠɟɫɬɜɨɬɨɧɟɫɚ ɩɪɟɞɜɢɞɟɧɢɨɝɪɚɧɢɱɟɧɢɹ ɤɚɫɚɟɳɢ

ɛɪɨɹɧɚɞɪɭɠɟɫɬɜɚɬɚɜɤɨɢɬɨɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɦɨɝɚɬɞɚɡɚɟɦɚɬɪɴɤɨɜɨɞɧɢɩɨɡɢɰɢɢɢɥɢɛɪɨɹ

ɧɚɩɨɫɥɟɞɨɜɚɬɟɥɧɢɬɟɦɚɧɞɚɬɢɧɚɧɟɡɚɜɢɫɢɦɢɬɟɱɥɟɧɨɜɟ

ɋɴɜɟɬɴɬɧɚɞɢɪɟɤɬɨɪɢɬɟɮɭɧɤɰɢɨɧɢɪɚɫɴɨɛɪɚɡɧɨɭɬɜɴɪɞɟɧɚɩɨɥɢɬɢɤɚɡɚɨɩɪɟɞɟɥɹɧɟɧɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɧɚ

ɱɥɟɧɨɜɟɬɟ ɪɚɡɪɚɛɨɬɟɧɚ ɫɴɝɥɚɫɧɨ ɇɚɪɟɞɛɚ ʋ ɡɚ ɢɡɢɫɤɜɚɧɢɹɬɚ ɤɴɦ ɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚ ɢ ɜ ɫɴɨɬɜɟɬɫɬɜɢɟ ɫ

ɩɪɚɜɢɥɚɬɚɧɚɬɨɱɤɚɨɬɇɄɄɍɜɬɹɯɧɚɬɚɰɹɥɨɫɬ

 ɋɴɜɟɬɴɬ ɧɚ ɞɢɪɟɤɬɨɪɢɬɟ ɫɩɚɡɜɚ ɜ ɬɹɯɧɚɬɚ ɰɹɥɨɫɬ ɢɡɢɫɤɜɚɧɢɹɬɚ ɧɚ ɬɨɱɤɚ  ɨɬ ɇɄɄɍ ɫ ɨɝɥɟɞ ɧɚ ɤɨɟɬɨ ɜ

ɞɪɭɠɟɫɬɜɨɬɨ ɮɭɧɤɰɢɨɧɢɪɚ ɫɢɫɬɟɦɚ ɡɚ ɢɡɛɹɝɜɚɧɟ ɧɚ ɤɨɧɮɥɢɤɬ ɧɚ ɢɧɬɟɪɟɫɢ ɚ ɩɪɢ ɜɴɡɧɢɤɜɚɧɟɬɨ ɧɚ ɬɚɤɢɜɚ

ɢɧɮɨɪɦɚɰɢɹɬɚɡɚɬɹɯɫɟɪɚɡɤɪɢɜɚɨɬɪɴɤɨɜɨɞɫɬɜɨɬɨ

ɋɩɚɡɜɚɣɤɢɩɪɚɜɢɥɚɬɚɧɚÄȽɥɚɜɚɩɴɪɜɚ³ɬɨɱɤɚɢÄȽɥɚɜɚɜɬɨɪɚ³ɬɨɱɤɢɨɬɞɨɨɬɇɄɄɍɤɚɤɬɨɢɜ

ɫɴɨɬɜɟɬɫɬɜɢɟɫ ɧɨɪɦɚɬɢɜɧɨɭɫɬɚɧɨɜɟɧɢɬɟɢɡɢɫɤɜɚɧɢɹɧɚɁɚɤɨɧɚ ɡɚ ɧɟɡɚɜɢɫɢɦɢɹ ɮɢɧɚɧɫɨɜɨɞɢɬ ɁɇɎɈɤɴɦ

ÄȺɞɜɚɧɫ Ɍɟɪɚɮɨɧɞ³ ȺȾɋɂɐ ɟ ɫɴɡɞɚɞɟɧ ɢ ɮɭɧɤɰɢɨɧɢɪɚ Ɉɞɢɬɟɧ ɤɨɦɢɬɟɬɜɫɴɫɬɚɜɨɬɬɪɢɦɚɜɴɧɲɧɢɡɚɢ

ɧɟɡɚɜɢɫɢɦɢɨɬɞɪɭɠɟɫɬɜɨɬɨɱɥɟɧɨɜɟɤɚɤɬɨɫɥɟɞɜɚɄɚɦɟɧɉɟɬɪɨɜɄɚɦɟɧɨɜ±ɉɪɟɞɫɟɞɚɬɟɥɢɞɜɚɦɚɱɥɟɧɨɜɟ±

ɀɟɱɤɨȾɢɦɢɬɪɨɜɉɟɬɪɨɜɢɋɬɚɧɢɦɢɪɉɟɬɪɨɜɄɚɱɭɥɟɜɈɞɢɬɧɢɹɬɤɨɦɢɬɟɬɢɡɜɴɪɲɜɚɫɜɨɹɬɚɞɟɣɧɨɫɬɫɴɨɛɪɚɡɧɨ

ɫɩɟɰɢɚɥɧɨɪɚɡɪɚɛɨɬɟɧɢɢɩɪɢɟɬɢɩɪɚɜɢɥɚɢɩɪɢɧɰɢɩɢɡɚɮɭɧɤɰɢɨɧɢɪɚɧɟɭɬɜɴɪɞɟɧɢɨɬɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟ

ɢɞɨɫɬɴɩɧɢɧɚɫɚɣɬɚɧɚɞɪɭɠɟɫɬɜɨɬɨ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾȿɄɅȺɊȺɐɂəɁȺɄɈɊɉɈɊȺɌɂȼɇɈɍɉɊȺȼɅȿɇɂȿ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[[LL



ɁɚɢɡɜɴɪɲɜɚɧɟɧɚɧɟɡɚɜɢɫɢɦɮɢɧɚɧɫɨɜɨɞɢɬɡɚɝɩɨɫɦɢɫɴɥɚɧɚɁɇɎɈɨɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟ

ɧɚÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɟɢɡɛɪɚɥɨɡɚɪɟɝɢɫɬɪɢɪɚɧɨɞɢɬɨɪ±ÄɔɪɧɫɬɢəɧɝɈɞɢɬ³ɈɈȾɤɨɣɬɨɢɡɪɚɡɹɜɚ

ɧɟɡɚɜɢɫɢɦɨɦɧɟɧɢɟɨɬɧɨɫɧɨɞɨɫɬɨɜɟɪɧɨɫɬɬɚɜɴɜɜɫɢɱɤɢɚɫɩɟɤɬɢɧɚɫɴɳɟɫɬɜɟɧɨɫɬɧɚɝɨɞɢɲɧɢɹɮɢɧɚɧɫɨɜɨɬɱɟɬ

ɢɡɝɨɬɜɟɧɜɫɴɨɬɜɟɬɫɬɜɢɟɫɛɴɥɝɚɪɫɤɨɬɨɫɱɟɬɨɜɨɞɧɨɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨ

ɉɪɟɩɨɪɴɤɚɬɚɩɨɬɨɱɤɚɨɬÄȽɥɚɜɚɜɬɨɪɚ³ɧɚɦɢɪɚɩɪɢɥɨɠɟɧɢɟɜɢɡɝɪɚɞɟɧɚɬɚɋɢɫɬɟɦɚɡɚɜɴɬɪɟɲɟɧɤɨɧɬɪɨɥ

ɢɭɩɪɚɜɥɟɧɢɟɧɚɪɢɫɤɚɤɨɹɬɨɮɭɧɤɰɢɨɧɢɪɚɜɞɪɭɠɟɫɬɜɨɬɨ

ɋɴɜɟɬɴɬɧɚɞɢɪɟɤɬɨɪɢɬɟɩɪɢɟɦɚɞɚɫɩɚɡɜɚɜɰɹɥɨɫɬÄȽɥɚɜɚɬɪɟɬɚ³ɨɬɇɄɄɍɤɚɬɨɡɚɰɟɥɬɚɟɩɪɢɟɬɞɨɫɬɴɩɟɧ

ɢ ɧɚ ɫɚɣɬɚ ɧɚ ɞɪɭɠɟɫɬɜɨɬɨ ɞɨɤɭɦɟɧɬ ɪɟɝɥɚɦɟɧɬɢɪɚɳ ɉɪɚɜɚɬɚ ɧɚ ɚɤɰɢɨɧɟɪɢɬɟ Ʉɴɦ ɧɚɫɬɨɹɳɢɹ ɦɨɦɟɧɬ

ɞɢɫɬɚɧɰɢɨɧɧɨɬɨɩɪɢɫɴɫɬɜɢɟɧɚɈɛɳɨɬɨɫɴɛɪɚɧɢɟɱɪɟɡɬɟɯɧɢɱɟɫɤɢɫɪɟɞɫɬɜɚɧɟɟɩɪɢɥɨɠɢɦɨɩɨɪɚɞɢɥɢɩɫɚɬɚɧɚ

ɜɴɡɦɨɠɧɨɫɬ ɱɪɟɡ ɬɨɡɢ ɦɟɬɨɞ ɞɚ ɫɟ ɨɛɟɡɩɟɱɢ ɧɚɞɥɟɠɧɨ ɢ ɡɚɤɨɧɨɫɴɨɛɪɚɡɧɨ ɭɱɚɫɬɢɟ ɤɨɟɬɨ ɛɢ ɡɚɬɪɭɞɧɢɥɨ

ɫɴɩɴɬɫɬɜɚɳɚɬɚ ɩɪɨɜɟɪɤɚ ɢ ɪɟɝɢɫɬɪɚɰɢɹ ɧɚ ɭɱɚɫɬɧɢɰɢɬɟ ɩɪɨɬɨɤɨɥɢɪɚɧɟɬɨ ɧɚ ɡɚɫɟɞɚɧɢɟɬɨ ɢ ɫɜɨɟɜɪɟɦɟɧɧɨɬɨ

ɡɚɹɜɹɜɚɧɟɡɚɜɩɢɫɜɚɧɟɧɚɢɡɝɨɬɜɟɧɢɬɟɞɨɤɭɦɟɧɬɢɜɌɴɪɝɨɜɫɤɢɹɪɟɝɢɫɬɴɪ

Ⱦɪɭɠɟɫɬɜɨɬɨɨɫɢɝɭɪɹɜɚɟɮɟɤɬɢɜɧɨɜɡɚɢɦɨɞɟɣɫɬɜɢɟɫɧɟɝɨɜɢɬɟɚɤɰɢɨɧɟɪɢɚɫɴɳɨɬɚɤɚɢɫɪɟɝɭɥɢɪɚɧɢɬɟɩɚɡɚɪɢ

ɧɚ ɮɢɧɚɧɫɨɜɢ ɢɧɫɬɪɭɦɟɧɬɢ ɜ ɱɚɫɬɧɨɫɬ Ȼɴɥɝɚɪɫɤɚ ɮɨɧɞɨɜɚ ɛɨɪɫɚ  ɋɨɮɢɹÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐ

ɩɪɨɜɟɠɞɚɩɨɫɥɟɞɨɜɚɬɟɥɧɚɩɨɥɢɬɢɤɚɧɚɨɬɜɨɪɟɧɢɜɪɚɬɢ

ɋɴɜɟɬɴɬɧɚɞɢɪɟɤɬɨɪɢɬɟɩɪɢɟɦɚɞɚɫɩɚɡɜɚɜɰɹɥɨɫɬÄȽɥɚɜɚɱɟɬɜɴɪɬɚ³ɨɬɇɄɄɍɨɬɧɨɫɧɨɪɚɡɤɪɢɜɚɧɟɬɨɧɚ

ɮɢɧɚɧɫɨɜɚɢɧɮɨɪɦɚɰɢɹɤɚɬɨɜɫɴɨɬɜɟɬɫɬɜɢɟɫɧɟɣɧɢɬɟɪɚɡɩɨɪɟɞɛɢɫɚɪɚɡɪɚɛɨɬɟɧɢɢɩɪɢɟɬɢɡɚɥɨɠɟɧɢɬɟɩɪɚɜɢɥɚ

ɢɩɨɥɢɬɢɤɢɩɭɛɥɢɤɭɜɚɧɢɧɚɢɧɬɟɪɧɟɬɫɚɣɬɚɧɚɞɪɭɠɟɫɬɜɨɬɨɤɨɣɬɨɨɬɫɜɨɹɫɬɪɚɧɚɟɨɪɝɚɧɢɡɢɪɚɧɜɞɜɟɜɟɪɫɢɢ±

ɛɴɥɝɚɪɫɤɚɢɚɧɝɥɨɟɡɢɱɧɚɊɚɡɤɪɢɜɚɧɟɬɨɧɚɧɟɮɢɧɚɧɫɨɜɚɢɧɮɨɪɦɚɰɢɹɟɧɟɩɪɢɥɨɠɢɦɨɡɚȾɪɭɠɟɫɬɜɨɬɨɫɴɝɥɚɫɧɨ

ɱɥɨɬɁɚɤɨɧɚɡɚɫɱɟɬɨɜɨɞɫɬɜɨɬɨ

ɋɴɜɟɬɴɬɧɚɞɢɪɟɤɬɨɪɢɬɟɩɪɢɟɦɚɞɚɫɩɚɡɜɚɜɰɹɥɨɫɬÄȽɥɚɜɚɩɟɬɚ³ɨɬɇɄɄɍɨɬɧɨɫɧɨɡɚɢɧɬɟɪɟɫɨɜɚɧɢɬɟɥɢɰɚ

ɤɚɬɨɜɫɴɨɬɜɟɬɫɬɜɢɟɫɬɚɡɢɝɥɚɜɚɫɚɪɚɡɪɚɛɨɬɟɧɢɢɩɪɢɟɬɢɉɨɥɢɬɢɤɚɡɚɨɬɱɢɬɚɧɟɢɧɬɟɪɟɫɢɬɟɧɚɡɚɢɧɬɟɪɟɫɨɜɚɧɢɬɟ

ɥɢɰɚɢɩɨɥɢɬɢɤɚɡɚɫɞɟɥɤɢɫɬɹɯɞɨɫɬɴɩɧɢɧɚɢɧɬɟɪɧɟɬɫɚɣɬɚɧɚɞɪɭɠɟɫɬɜɨɬɨ

ȾɪɭɠɟɫɬɜɨɬɨɨɬɱɢɬɚɢɡɦɟɧɟɧɢɹɬɚɜɇɄɄɍɨɬɦɟɫɟɰɸɥɢɝɜɱɚɫɬɬɚɡɚɭɫɬɨɣɱɢɜɨɪɚɡɜɢɬɢɟɢɞɟɤɥɚɪɢɪɚɱɟ

ɧɟ ɨɤɚɡɜɚ ɜɴɡɞɟɣɫɬɜɢɟ ɜɴɪɯɭ ɤɥɢɦɚɬɚ ɢ ɧɹɦɚ ɫɨɰɢɚɥɧɢ ɚɫɩɟɤɬɢ ɧɚ ɞɟɣɧɨɫɬɬɚ ɦɭ ɡɚ ɤɨɢɬɨ ɞɚ ɫɟ ɧɚɥɚɝɚ

ɩɪɟɞɫɬɚɜɹɧɟɧɚɢɧɮɨɪɦɚɰɢɹɜɞɟɤɥɚɪɚɰɢɹɬɚɡɚɤɨɪɩɨɪɚɬɢɜɧɨɭɩɪɚɜɥɟɧɢɟ

ȼɫɢɱɤɢɩɪɚɜɢɥɚɢɩɨɥɢɬɢɤɢɪɚɡɪɚɛɨɬɟɧɢɨɬɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɩɪɢɟɬɢɢɢɥɢɭɬɜɴɪɞɟɧɢɜɫɴɨɬɜɟɬɫɬɜɢɟɫ

ɢɡɢɫɤɜɚɧɢɹɬɚɧɚɬɨɡɢɤɨɞɟɤɫɫɚɞɨɫɬɴɩɧɢɧɚɢɧɬɟɪɧɟɬɫɬɪɚɧɢɰɚɬɚɧɚɞɪɭɠɟɫɬɜɨɬɨ

,,,Ɉɩɢɫɚɧɢɟɧɚɨɫɧɨɜɧɢɬɟɯɚɪɚɤɬɟɪɢɫɬɢɤɢɧɚɫɢɫɬɟɦɢɬɟɡɚɜɴɬɪɟɲɟɧɤɨɧɬɪɨɥɢɭɩɪɚɜɥɟɧɢɟ

ɧɚɪɢɫɤɚɜÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɜɴɜɜɪɴɡɤɚɫɩɪɨɰɟɫɚɧɚɮɢɧɚɧɫɨɜɨɨɬɱɢɬɚɧɟ

ɪɚɡɭɦɧɚɬɚɭɜɟɪɟɧɨɫɬɱɟɰɟɥɢɬɟɢɡɚɞɚɱɢɬɟɧɚɨɪɝɚɧɢɡɚɰɢɹɬɚɳɟɛɴɞɚɬɩɨɫɬɢɝɧɚɬɢɌɹɜɤɥɸɱɜɚɢɞɟɧɬɢɮɢɰɢɪɚɧɟ

ɭɩɪɚɜɥɟɧɢɟ ɢ ɨɰɟɧɤɚ ɧɚ ɛɢɡɧɟɫ ɪɢɫɤɨɜɟɬɟ ɢ ɟ ɞɢɧɚɦɢɱɟɧ ɩɪɨɰɟɫ ɤɨɣɬɨ ɫɟ ɩɪɨɦɟɧɹ ɡɚɟɞɧɨ ɫ ɩɪɨɦɹɧɚɬɚ ɧɚ

ɩɟɪɫɨɧɚɥɚ ɢ ɨɛɫɬɨɹɬɟɥɫɬɜɚɬɚ ɫɴɩɴɬɫɬɜɚɳɢ ɞɟɣɧɨɫɬɬɚ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɋɢɫɬɟɦɚɬɚ ɟ ɬɚɤɚ ɫɬɪɭɤɬɭɪɧɨ

ɨɪɝɚɧɢɡɢɪɚɧɚɱɟɞɚɝɚɪɚɧɬɢɪɚɩɪɟɜɟɧɰɢɹɢɩɪɟɞɨɬɜɪɚɬɹɜɚɧɟɢɡɜɴɪɲɜɚɧɟɬɨɧɚɝɪɟɲɤɢɢɥɢɧɚɪɭɲɟɧɢɹɤɚɤɬɨɢ

ɞɚɢɞɟɧɬɢɮɢɰɢɪɚɜɪɚɡɭɦɟɧɫɪɨɤɜɟɱɟɜɴɡɧɢɤɧɚɥɢɬɚɤɢɜɚ

ȼ ɫɬɪɭɤɬɭɪɚɬɚ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɫɴɜɦɟɫɬɧɨ ɫɴɫ Äɋɢɫɬɟɦɚɬɚ ɡɚ ɜɴɬɪɟɲɟɧ ɤɨɧɬɪɨɥ ɢ ɭɩɪɚɜɥɟɧɢɟ ɧɚ ɪɢɫɤɚ³ ɫɚ

ɫɢɫɬɟɦɢɬɟ ɡɚ ɨɬɱɟɬɧɨɫɬ ɢ ɪɚɡɤɪɢɜɚɧɟ ɧɚ ɢɧɮɨɪɦɚɰɢɹ ɨɬ Ⱦɪɭɠɟɫɬɜɨɬɨ ɢ ɩɨɞɩɨɦɚɝɚɬ ɩɪɨɰɟɫɚ ɧɚ ɮɢɧɚɧɫɨɜɨ

ɨɬɢɧɮɨɪɦɚɰɢɹɪɚɡɤɪɢɜɚɧɚɨɬȾɪɭɠɟɫɬɜɨɬɨɞɨɫɬɴɩɞɨɜɢɞɨɜɟɬɟɢɧɮɨɪɦɚɰɢɹɢɨɬɝɨɜɨɪɧɨɫɬɢɬɟɩɨɭɩɪɚɜɥɟɧɢɟ

ɧɚ ɢɧɮɨɪɦɚɰɢɨɧɧɢɬɟ ɩɨɬɨɰɢ ɋɴɡɞɚɞɟɧɚɬɚ ɫɢɫɬɟɦɚ ɡɚ ɭɩɪɚɜɥɟɧɢɟ ɧɚ ɪɢɫɤɨɜɟɬɟ ɨɫɢɝɭɪɹɜɚ ɟɮɟɤɬɢɜɧɨɬɨ

ɨɫɴɳɟɫɬɜɹɜɚɧɟ ɧɚ ɜɴɬɪɟɲɟɧ ɤɨɧɬɪɨɥ ɩɪɢ ɫɴɡɞɚɜɚɧɟɬɨ ɢ ɭɩɪɚɜɥɟɧɢɟɬɨ ɧɚ ɜɫɢɱɤɢ ɮɢɪɦɟɧɢ ɞɨɤɭɦɟɧɬɢ ɜ ɬɱ

ɮɢɧɚɧɫɨɜɢɬɟɨɬɱɟɬɢɢɞɪɭɝɚɬɚɪɟɝɭɥɢɪɚɧɚɢɧɮɨɪɦɚɰɢɹɤɨɹɬɨȾɪɭɠɟɫɬɜɨɬɨɟɞɥɴɠɧɨɞɚɪɚɡɤɪɢɜɚɜɫɴɨɬɜɟɬɫɬɜɢɟ

ɫɴɫɡɚɤɨɧɨɜɢɬɟɪɚɡɩɨɪɟɞɛɢ

ɇɚ ɬɪɢɦɟɫɟɱɧɚɛɚɡɚ Ɉɞɢɬ Ʉɨɦɢɬɟɬɴɬ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨɩɪɚɜɢ ɩɪɟɝɥɟɞ ɧɚ ɩɪɨɰɟɫɢɬɟ ɩɨɮɢɧɚɧɫɨɜɨ ɨɬɱɢɬɚɧɟ

ɫɢɫɬɟɦɢɬɟ ɡɚ ɜɴɬɪɟɲɟɧ ɤɨɧɬɪɨɥ ɢ ɡɚ ɭɩɪɚɜɥɟɧɢɟ ɧɚ ɪɢɫɤɨɜɟɬɟ ɜɴɜ ɜɪɴɡɤɚ ɫ ɢɡɝɨɬɜɹɧɟɬɨ ɧɚ ɦɟɠɞɢɧɧɢɬɟ

ɮɢɧɚɧɫɨɜɢɨɬɱɟɬɢɧɚȾɪɭɠɟɫɬɜɨɬɨ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾȿɄɅȺɊȺɐɂəɁȺɄɈɊɉɈɊȺɌɂȼɇɈɍɉɊȺȼɅȿɇɂȿ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[[LLL



ɈɫɧɨɜɧɢɬɟɜɢɞɨɜɟɪɢɫɤɨɜɟɨɬɧɨɫɢɦɢɤɴɦɞɟɣɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɢɩɨɥɢɬɢɤɚɬɚɩɨɬɹɯɧɨɬɨɭɩɪɚɜɥɟɧɢɟɫɚ

ɪɟɝɥɚɦɟɧɬɢɪɚɧɢɜɊɚɡɞɟɥ,,,ɨɬÄɋɢɫɬɟɦɚɡɚɜɴɬɪɟɲɟɧɤɨɧɬɪɨɥɢɭɩɪɚɜɥɟɧɢɟɧɚɪɢɫɤɚ³ɢɫɚɪɚɡɩɪɟɞɟɥɟɧɢɜɞɜɟ

ɨɫɧɨɜɧɢɧɚɩɪɚɜɥɟɧɢɹȼɴɬɪɟɲɧɢɫɜɴɪɡɚɧɢɫɨɪɝɚɧɢɡɚɰɢɹɬɚɧɚɪɚɛɨɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɢȼɴɧɲɧɢɫɜɴɪɡɚɧɢɫ

ɦɚɤɪɨɢɤɨɧɨɦɢɱɟɫɤɢ ɩɨɥɢɬɢɱɟɫɤɢ ɢ ɞɪɭɝɢ ɮɚɤɬɨɪɢ ɤɨɢɬɨ ɨɤɚɡɜɚɬ ɢɢɥɢɦɨɝɚɬɞɚɨɤɚɠɚɬɜɥɢɹɧɢɟɜɴɪɯɭ

ɞɟɣɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨ

Ɋɢɫɤɨɜɟɬɟ ɫɜɴɪɡɚɧɢ ɫ ɞɟɣɧɨɫɬɬɚ ɫɚ ɩɨɞɪɨɛɧɨ ɨɩɢɫɚɧɢ ɜ Ɋɚɡɞɟɥ  ÄɊɢɫɤɨɜɢ ɮɚɤɬɨɪɢ³ ɨɬ ɪɟɝɢɫɬɪɚɰɢɨɧɧɢɹ

ɞɨɤɭɦɟɧɬɨɬɫɬɪɞɨɫɬɪɧɚɉɪɨɫɩɟɤɬɚɡɚɩɭɛɥɢɱɧɨɩɪɟɞɥɚɝɚɧɟɧɚɚɤɰɢɢɨɞɨɛɪɟɧɫɊɟɲɟɧɢɟʋȿɨɬ

 ɝ ɧɚ Ʉɨɦɢɫɢɹ ɡɚ ɮɢɧɚɧɫɨɜ ɧɚɞɡɨɪ ɡɚ ɞɨɩɭɫɤɚɧɟ ɧɚ ɚɤɰɢɢɬɟ ɧɚ ÄȺɞɜɚɧɫ Ɍɟɪɚɮɨɧɞ³ȺȾɋɂɐ ɞɨ

ɬɴɪɝɨɜɢɹɧɚɪɟɝɭɥɢɪɚɧɩɚɡɚɪ

,9ɂɧɮɨɪɦɚɰɢɹɩɨɱɥɩɚɪɚɝɪɚɮɛɭɤɜɢÄɜ³Äɝ³Äɟ³Äɡ³ɢÄɢ³ɨɬȾɢɪɟɤɬɢɜɚȿɈɧɚ

ȿɜɪɨɩɟɣɫɤɢɹɩɚɪɥɚɦɟɧɬɢɧɚɋɴɜɟɬɚɨɬɚɩɪɢɥɝɨɬɧɨɫɧɨɩɪɟɞɥɨɠɟɧɢɹɬɚɡɚɩɨɝɥɴɳɚɧɟ

 ɉɪɟɡɝÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɧɹɦɚɞɹɥɨɜɢɭɱɚɫɬɢɹɜɞɪɭɝɢɬɴɪɝɨɜɫɤɢɞɪɭɠɟɫɬɜɚɢɧɟɢɡɜɴɪɲɜɚ

ɢɧɜɟɫɬɢɰɢɢɜɰɟɧɧɢɤɧɢɠɚ

 ȼÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɧɹɦɚɚɤɰɢɨɧɟɪɢɫɴɫɫɩɟɰɢɚɥɧɢɩɪɚɜɚɧɚɤɨɧɬɪɨɥ

 ȼɭɫɬɚɜɚɧɚÃȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɧɟɫɚɩɪɟɞɜɢɞɟɧɢɨɝɪɚɧɢɱɟɧɢɹɜɴɪɯɭɩɪɚɜɚɬɚɧɚɝɥɚɫ

 ɉɪɚɜɢɥɚɬɚ ɡɚ ɧɚɡɧɚɱɚɜɚɧɟ ɢɥɢ ɫɦɹɧɚ ɧɚ ɱɥɟɧɨɜɟɬɟ ɧɚ ɋɴɜɟɬɚ ɧɚ ɞɢɪɟɤɬɨɪɢɬɟ ɢ ɡɚ ɢɡɦɟɧɟɧɢɟ ɧɚ

ɭɱɪɟɞɢɬɟɥɧɢɹ ɚɤɬ ɫɚ ɪɟɝɥɚɦɟɧɬɢɪɚɧɢ ɜ ɍɫɬɚɜɚ ɧɚ ÄȺɞɜɚɧɫ Ɍɟɪɚɮɨɧɞ³ ȺȾɋɂɐ ɜ ɫɴɨɬɜɟɬɫɬɜɢɟ ɫ

ɪɚɡɩɨɪɟɞɛɢɬɟ ɧɚ Ɍɴɪɝɨɜɫɤɢɹ ɡɚɤɨɧ ɁȾɋɂɐȾɋ ɁɉɉɐɄ ɢ ɨɫɬɚɧɚɥɢɬɟ ɧɨɪɦɚɬɢɜɧɢ ɚɤɬɨɜɟ ɭɪɟɠɞɚɳɢ

ɦɚɬɟɪɢɹɬɚ

Ⱦɪɭɠɟɫɬɜɨɬɨɫɟɭɩɪɚɜɥɹɜɚɢɩɪɟɞɫɬɚɜɥɹɜɚɨɬɋɴɜɟɬɧɚɞɢɪɟɤɬɨɪɢɬɟɤɨɣɬɨɫɟɫɴɫɬɨɢɨɬɞɟɟɫɩɨɫɨɛɧɢ

ɮɢɡɢɱɟɫɤɢɢɢɥɢɸɪɢɞɢɱɟɫɤɢɥɢɰɚɢɡɛɪɚɧɢɨɬɨɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟ

ɋɴɜɟɬɴɬ ɧɚ ɞɢɪɟɤɬɨɪɢɬɟ ɫɟ ɢɡɛɢɪɚ ɡɚ ɫɪɨɤ ɞɨ  ɩɟɬ ɝɨɞɢɧɢ  ɤɚɬɨɱɥɟɧɨɜɟɬɟɧɚɩɴɪɜɢɹɋɴɜɟɬɧɚ

ɞɢɪɟɤɬɨɪɢɬɟɫɟɢɡɛɢɪɚɬɡɚɫɪɨɤɨɬɬɪɢɝɨɞɢɧɢɑɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɦɨɝɚɬɞɚɛɴɞɚɬ

ɩɪɟɢɡɛɢɪɚɧɢ ɛɟɡ ɨɝɪɚɧɢɱɟɧɢɹ ɋɥɟɞ ɢɡɬɢɱɚɧɟ ɧɚ ɦɚɧɞɚɬɚ ɢɦ ɱɥɟɧɨɜɟɬɟ ɧɚ ɋɴɜɟɬɚ ɧɚ ɞɢɪɟɤɬɨɪɢɬɟ

ɩɪɨɞɴɥɠɚɜɚɬɞɚɢɡɩɴɥɧɹɜɚɬɫɜɨɢɬɟɮɭɧɤɰɢɢɞɨɢɡɛɢɪɚɧɟɨɬɨɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟɧɚɧɨɜɋɴɜɟɬ

ɧɚɞɢɪɟɤɬɨɪɢɬɟ

Ⱦɪɭɠɟɫɬɜɨɬɨɫɟɭɩɪɚɜɥɹɜɚɨɩɟɪɚɬɢɜɧɨɨɬɢɡɛɪɚɧɨɬɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɫɦɧɨɡɢɧɫɬɜɨɨɬɝɥɚɫɨɜɟɬɟ

ɂɡɩɴɥɧɢɬɟɥɟɧ ɞɢɪɟɤɬɨɪ Ɇɚɧɞɚɬɴɬ ɧɚ ɂɡɩɴɥɧɢɬɟɥɧɢɹ ɞɢɪɟɤɬɨɪ ɟ ɟɞɧɚɤɴɜɫɦɚɧɞɚɬɚɧɚɋɴɜɟɬɚɧɚ

ɞɢɪɟɤɬɨɪɢɬɟɧɨɞɨɢɡɛɢɪɚɧɟɧɚɧɨɜɂɡɩɴɥɧɢɬɟɥɟɧɞɢɪɟɤɬɨɪɫɴɳɢɹɬɩɪɨɞɴɥɠɚɜɚɞɚɢɡɩɴɥɧɹɜɚɮɭɧɤɰɢɢɬɟ

ɫɢ ɍɩɪɚɜɢɬɟɥɧɢɬɟ ɩɪɚɜɨɦɨɳɢɹ ɧɚ ɂɡɩɴɥɧɢɬɟɥɧɢɹ ɞɢɪɟɤɬɨɪ ɫɟ ɨɩɪɟɞɟɥɹɬ ɫ ɪɟɲɟɧɢɟɬɨ ɧɚ ɋɴɜɟɬɚ ɧɚ

ɞɢɪɟɤɬɨɪɢɬɟ ɡɚ ɢɡɛɢɪɚɧɟɬɨ ɦɭ ɢ ɫ ɞɨɝɨɜɨɪɚ ɡɚ ɜɴɡɥɚɝɚɧɟ ɧɚ ɭɩɪɚɜɥɟɧɢɟɬɨ Ɉɜɥɚɫɬɹɜɚɧɟɬɨ ɧɚ

ɂɡɩɴɥɧɢɬɟɥɧɢɹɞɢɪɟɤɬɨɪɦɨɠɟɞɚɛɴɞɟɨɬɬɟɝɥɟɧɨɩɨɜɫɹɤɨɜɪɟɦɟɫɪɟɲɟɧɢɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟ

ɜɡɟɬɨɫɦɧɨɡɢɧɫɬɜɨɬɨɧɟɨɛɯɨɞɢɦɨɡɚɢɡɛɢɪɚɧɟɬɨɦɭɁɚɰɹɥɨɫɬɧɚɬɚɫɢɞɟɣɧɨɫɬɂɡɩɴɥɧɢɬɟɥɧɢɹɬɞɢɪɟɤɬɨɪ

ɟ ɩɨɞɨɬɱɟɬɟɧ ɧɚ ɋɴɜɟɬɚ ɧɚ ɞɢɪɟɤɬɨɪɢɬɟ ɇɚ ɜɫɹɤɨ ɪɟɞɨɜɧɨ ɡɚɫɟɞɚɧɢɟ ɧɚ ɋɴɜɟɬɚ ɧɚ ɞɢɪɟɤɬɨɪɢɬɟ ɬɨɣ ɟ

ɞɥɴɠɟɧɞɚɞɨɤɥɚɞɜɚɬɟɤɭɳɨɡɚɞɟɣɧɨɫɬɬɚɫɢȼɨɬɫɴɫɬɜɢɟɬɨɧɚɂɡɩɴɥɧɢɬɟɥɧɢɹɞɢɪɟɤɬɨɪɮɭɧɤɰɢɢɬɟɦɭɩɨ

ɭɩɪɚɜɥɟɧɢɟɧɚȾɪɭɠɟɫɬɜɨɬɨɜɪɟɦɟɧɧɨɫɟɨɫɴɳɟɫɬɜɹɜɚɬɨɬɉɪɟɞɫɟɞɚɬɟɥɹɬɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟ

ɂɡɦɟɧɟɧɢɹɢɞɨɩɴɥɧɟɧɢɹɜɭɫɬɚɜɚɧɚÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɦɨɝɚɬɞɚɛɴɞɚɬɢɡɜɴɪɲɜɚɧɢɟɞɢɧɫɬɜɟɧɨ

ɨɬɈɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟ

 ɉɪɚɜɨɦɨɳɢɹɬɚɧɚɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɫɚɭɪɟɞɟɧɢɜɱɥɨɬɍɫɬɚɜɚɧɚȾɪɭɠɟɫɬɜɨɬɨɜ

ɫɴɨɬɜɟɬɫɬɜɢɟɫɌɴɪɝɨɜɫɤɢɹɡɚɤɨɧɢɁȾɋɂɐȾɋɑɥɟɧɨɜɟɬɟɧɚɫɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɢɦɚɬɟɞɧɚɤɜɢɩɪɚɜɚɢ

ɡɚɞɴɥɠɟɧɢɹɧɟɡɚɜɢɫɢɦɨɨɬɜɴɬɪɟɲɧɨɬɨɪɚɡɩɪɟɞɟɥɟɧɢɟɧɚɮɭɧɤɰɢɢɬɟɦɟɠɞɭɬɹɯɢɩɪɟɞɨɫɬɚɜɹɧɟɬɨɧɚɩɪɚɜɨ

ɧɚɭɩɪɚɜɥɟɧɢɟɢɩɪɟɞɫɬɚɜɢɬɟɥɫɬɜɨɧɚɧɹɤɨɢɨɬɬɹɯɋɴɜɟɬɴɬɧɚɞɢɪɟɤɬɨɪɢɬɟɜɡɟɦɚɪɟɲɟɧɢɹɩɨɞɟɣɧɨɫɬɬɚ

ɧɚȾɪɭɠɟɫɬɜɨɬɨɞɨɤɨɥɤɨɬɨɫɴɝɥɚɫɧɨɞɟɣɫɬɜɚɳɨɬɨɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨɢɭɫɬɚɜɚɫɴɨɬɜɟɬɧɢɬɟɪɟɲɟɧɢɹɧɟɫɚɨɬ

ɢɡɤɥɸɱɢɬɟɥɧɚɬɚɤɨɦɩɟɬɟɧɬɧɨɫɬɧɚɨɛɳɨɬɨɫɴɛɪɚɧɢɟ

ɋɴɜɟɬɴɬɧɚɞɢɪɟɤɬɨɪɢɬɟɧɟɦɨɠɟɞɚɜɡɟɦɚɪɟɲɟɧɢɹɡɚɨɛɪɚɬɧɨɢɡɤɭɩɭɜɚɧɟɧɚɚɤɰɢɢɧɚȾɪɭɠɟɫɬɜɨɬɨ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾȿɄɅȺɊȺɐɂəɁȺɄɈɊɉɈɊȺɌɂȼɇɈɍɉɊȺȼɅȿɇɂȿ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[[LY



9ɋɴɫɬɚɜɴɬɢɮɭɧɤɰɢɢɬɟɧɚɭɩɪɚɜɢɬɟɥɧɢɹɨɪɝɚɧɢɬɟɯɧɢɬɟɤɨɦɢɬɟɬɢ/ɫ ɨɝɥɟɞ ɟɞɧɨɫɬɟɩɟɧɧɚɬɚ

ɫɬɪɭɤɬɭɪɚ ɧɚ ɭɩɪɚɜɥɟɧɢɟ ɜ „Ⱥɞɜɚɧɫ Ɍɟɪɚɮɨɧɞ“ ȺȾɋɂɐ ɧɟ ɮɭɧɤɰɢɨɧɢɪɚ ɧɚɞɡɨɪɟɧ ɨɪɝɚɧ/ ɫɚ

ɭɪɟɞɟɧɢɫɴɨɛɪɚɡɧɨɌɴɪɝɨɜɫɤɢɹɡɚɤɨɧɁȾɋɂɐȾɋɁɇɎɈɢɍɫɬɚɜɚɧɚȾɪɭɠɟɫɬɜɨɬɨɧɚɛɚɡɚɬɚɧɚ

ɤɨɢɬɨɫɚɪɚɡɪɚɛɨɬɟɧɢɢɉɪɚɜɢɥɚɡɚɪɚɛɨɬɚɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟ

ɋɴɫɬɚɜ

 ɋɴɜɟɬɴɬɧɚɞɢɪɟɤɬɨɪɢɬɟɧɚÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɫɟɫɴɫɬɨɢɨɬɬɪɢɦɚɱɥɟɧɨɜɟ

ȻɨɪɢɫɥɚɜȼɢɬɚɧɨɜɉɟɬɤɨɜɉɪɟɞɫɟɞɚɬɟɥɧɚɋȾ

ɊɚɞɨɫɥɚɜɂɥɢɟɜɆɚɧɨɥɨɜɂɡɩɴɥɧɢɬɟɥɟɧɞɢɪɟɤɬɨɪ

ɇɟɧɱɨɂɜɚɧɨɜɉɟɧɟɜɑɥɟɧɧɚɋȾ

Ɏɭɧɤɰɢɢ

ɋɴɜɟɬɴɬɧɚɞɢɪɟɤɬɨɪɢɬɟɟɤɨɥɟɤɬɢɜɟɧɨɪɝɚɧɡɚɭɩɪɚɜɥɟɧɢɟɧɚɞɪɭɠɟɫɬɜɨɬɨɁɚɫɜɨɹɬɚɞɟɣɧɨɫɬɬɨɣɫɟɨɬɱɢɬɚɩɪɟɞ

ɈɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟɧɚȾɪɭɠɟɫɬɜɨɬɨɈɫɴɳɟɫɬɜɹɜɚɞɟɣɧɨɫɬɬɚɫɢɜɫɴɨɬɜɟɬɫɬɜɢɟɫɢɡɢɫɤɜɚɧɢɹɬɚɧɚ

ɞɟɣɫɬɜɚɳɨɬɨɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨɢɍɫɬɚɜɚɧɚɞɪɭɠɟɫɬɜɨɬɨ

ɋɴɜɟɬɴɬ ɧɚ ɞɢɪɟɤɬɨɪɢɬɟ ɜɡɟɦɚ ɪɟɲɟɧɢɹ ɩɨ ɞɟɣɧɨɫɬɬɚ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɞɨɤɨɥɤɨɬɨ ɫɴɝɥɚɫɧɨ ɞɟɣɫɬɜɚɳɨɬɨ

ɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨɢɍɫɬɚɜɚɫɴɨɬɜɟɬɧɢɬɟɪɟɲɟɧɢɹɧɟɫɚɨɬɢɡɤɥɸɱɢɬɟɥɧɚɬɚɤɨɦɩɟɬɟɧɬɧɨɫɬɧɚɨɛɳɨɬɨɫɴɛɪɚɧɢɟ

ɉɪɢɢɡɩɴɥɧɟɧɢɟɧɚɫɜɨɢɬɟɡɚɞɴɥɠɟɧɢɹɋɴɜɟɬɴɬɧɚɞɢɪɟɤɬɨɪɢɬɟɢɡɜɴɪɲɜɚɫɥɟɞɧɢɬɟɨɫɧɨɜɧɢɞɟɣɫɬɜɢɹɫɜɴɪɡɚɧɢ

ɫɩɪɟɞɦɟɬɚɧɚɞɟɣɧɨɫɬɧɚȾɪɭɠɟɫɬɜɨɬɨ

 ɜɡɟɦɚɪɟɲɟɧɢɟɡɚɫɤɥɸɱɜɚɧɟɧɚɩɪɟɞɜɚɪɢɬɟɥɟɧɞɨɝɨɜɨɪɢɥɢɞɨɝɨɜɨɪɜɴɜɮɨɪɦɚɬɚɧɚɧɨɬɚɪɢɚɥɟɧɚɤɬɡɚ

ɩɪɢɞɨɛɢɜɚɧɟɢɢɥɢɪɚɡɩɨɪɟɠɞɚɧɟɫɧɟɞɜɢɠɢɦɢɦɨɬɢɥɢɜɟɳɧɨɩɪɚɜɨɩɪɢɫɩɚɡɜɚɧɟɩɪɟɞɜɢɞɟɧɢɬɟɜɍɫɬɚɜɚ

ɢɞɟɣɫɬɜɚɳɨɬɨɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨɨɝɪɚɧɢɱɟɧɢɹ

 ɢɡɛɢɪɚ ɢ ɨɫɜɨɛɨɠɞɚɜɚ ɢɡɩɴɥɧɢɬɟɥɟɧɧɢ ɞɢɪɟɤɬɨɪɢ ɢ ɉɪɟɞɫɟɞɚɬɟɥ ɢ Ɂɚɦ ɉɪɟɞɫɟɞɚɬɟɥ ɧɚ ɫɴɜɟɬɚ ɧɚ

ɞɢɪɟɤɬɨɪɢɬɟ

 ɧɚɡɧɚɱɚɜɚɢɨɫɜɨɛɨɠɞɚɜɚɩɟɪɫɨɧɚɥɚɧɚȾɪɭɠɟɫɬɜɨɬɨɜɬɨɜɚɱɢɫɥɨɢɞɢɪɟɤɬɨɪɡɚɜɪɴɡɤɚɫɢɧɜɟɫɬɢɬɨɪɢɬɟ

ɢɨɩɪɟɞɟɥɹɪɚɡɦɟɪɚɧɚɬɪɭɞɨɜɨɬɨɢɦɜɴɡɧɚɝɪɚɠɞɟɧɢɟ

 ɢɡɜɴɪɲɜɚɞɟɣɫɬɜɢɹɩɨɫɴɫɬɚɜɹɧɟɧɚɝɨɞɢɲɧɢɹɮɢɧɚɧɫɨɜɨɬɱɟɬ

 ɩɪɢɟɦɚɩɪɟɞɥɨɠɟɧɢɟɡɚɪɚɡɩɪɟɞɟɥɟɧɢɟɧɚɩɟɱɚɥɛɚɬɚ

 ɫɥɟɞ ɨɞɨɛɪɟɧɢɟ ɧɚ ɄɎɇ ɫɤɥɸɱɜɚ ɩɪɟɤɪɚɬɹɜɚ ɢ ɪɚɡɜɚɥɹ ɞɨɝɨɜɨɪɢɬɟ ɫ ɨɛɫɥɭɠɜɚɳɨɬɨ ɞɪɭɠɟɫɬɜɨ ɢ ɫ

ɛɚɧɤɚɬɚ±ɞɟɩɨɡɢɬɚɪɩɨɪɟɞɚɢɧɚɨɫɧɨɜɚɧɢɹɬɚɩɪɟɞɜɢɞɟɧɢɜɬɹɯɢɥɢɜɞɟɣɫɬɜɚɳɨɬɨɛɴɥɝɚɪɫɤɨɝɪɚɠɞɚɧɫɤɨ

ɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨ ɋɴɜɟɬɴɬ ɧɚ ɞɢɪɟɤɬɨɪɢɬɟ ɩɪɟɞɨɫɬɚɜɹ ɨɛɫɬɨɟɧ ɞɨɤɥɚɞ ɡɚ ɦɨɬɢɜɢɬɟ ɞɨɜɟɥɢ ɞɨ

ɩɪɟɤɪɚɬɹɜɚɧɟɢɥɢɪɚɡɜɚɥɹɧɟɧɚɧɹɤɨɣɨɬɞɨɝɨɜɨɪɢɬɟɩɨɩɪɟɞɯɨɞɧɨɬɨɢɡɪɟɱɟɧɢɟɧɚɩɴɪɜɨɬɨɨɛɳɨɫɴɛɪɚɧɢɟ

ɧɚɚɤɰɢɨɧɟɪɢɬɟɫɥɟɞɜɚɳɨɩɪɟɤɪɚɬɹɜɚɧɟɬɨɢɥɢɪɚɡɜɚɥɹɧɟɬɨ

 ɤɨɧɬɪɨɥɢɪɚɢɡɩɴɥɧɟɧɢɟɬɨɧɚɞɨɝɨɜɨɪɢɬɟɫɨɛɫɥɭɠɜɚɳɨɬɨɞɪɭɠɟɫɬɜɨɢɫɛɚɧɤɚɬɚɞɟɩɨɡɢɬɚɪɢɫɴɞɟɣɫɬɜɚ

ɧɚɨɛɫɥɭɠɜɚɳɨɬɨɞɪɭɠɟɫɬɜɨɢɧɚɛɚɧɤɚɬɚɞɟɩɨɡɢɬɚɪɩɪɢɢɡɩɴɥɧɟɧɢɟɬɨɧɚɬɟɯɧɢɬɟɮɭɧɤɰɢɢɫɴɝɥɚɫɧɨ

ɞɟɣɫɬɜɚɳɨɬɨɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨɢɬɨɡɢɭɫɬɚɜ

 ɢɡɛɢɪɚ ɢ ɭɩɴɥɧɨɦɨɳɚɜɚ ɢɧɜɟɫɬɢɰɢɨɧɧɢ ɩɨɫɪɟɞɧɢɰɢ ɤɨɢɬɨ ɞɚ ɩɨɟɦɚɬɢɢɥɢɨɛɫɥɭɠɜɚɬɟɦɢɫɢɢɬɟɨɬ

ɭɜɟɥɢɱɟɧɢɹɬɚɧɚɤɚɩɢɬɚɥɚɧɚȾɪɭɠɟɫɬɜɨɬɨɢɟɦɢɫɢɢɬɟɨɛɥɢɝɚɰɢɢɢɡɞɚɜɚɧɢɨɬȾɪɭɠɟɫɬɜɨɬɨ

 ɩɪɢɟɦɚɉɪɚɜɢɥɚɡɚɫɜɨɹɬɚɞɟɣɧɨɫɬɢɭɬɜɴɪɠɞɚɜɚɉɪɚɜɢɥɚɡɚɜɴɬɪɟɲɧɚɬɚɨɪɝɚɧɢɡɚɰɢɹɧɚȾɪɭɠɟɫɬɜɨɬɨ

 ɜ ɩɪɟɞɜɢɞɟɧɢɬɟ ɨɬ ɡɚɤɨɧɚ ɫɥɭɱɚɢ ɢɢɥɢ ɩɨ ɩɪɟɰɟɧɤɚ ɧɚ ɫɴɜɟɬɚ ɧɚ ɞɢɪɟɤɬɨɪɢɬɟ ɩɪɢ ɧɚɫɬɴɩɜɚɧɟ ɧɚ

ɨɛɫɬɨɹɬɟɥɫɬɜɚ ɨɬ ɫɴɳɟɫɬɜɟɧɨ ɡɧɚɱɟɧɢɟ ɡɚ ɞɪɭɠɟɫɬɜɨɬɨ ɫɜɢɤɜɚ ɧɟɡɚɛɚɜɧɨ Ɉɛɳɨɬɨ ɫɴɛɪɚɧɢɟ ɧɚ

ɚɤɰɢɨɧɟɪɢɬɟ

 ɜɡɟɦɚɪɟɲɟɧɢɹɡɚɢɧɜɟɫɬɢɪɚɧɟɧɚɫɜɨɛɨɞɧɢɬɟɫɪɟɞɫɬɜɚɧɚȾɪɭɠɟɫɬɜɨɬɨɜɚɤɬɢɜɢɩɨɱɥɨɬɍɫɬɚɜɚɢ

ɩɪɢɫɩɚɡɜɚɧɟɧɚɨɝɪɚɧɢɱɟɧɢɹɬɚɩɪɟɞɜɢɞɟɧɢɜɧɟɝɨ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾȿɄɅȺɊȺɐɂəɁȺɄɈɊɉɈɊȺɌɂȼɇɈɍɉɊȺȼɅȿɇɂȿ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[[Y



 ɜɡɟɦɚɪɟɲɟɧɢɟɡɚɫɤɥɸɱɜɚɧɟɧɚɞɨɝɨɜɨɪɡɚɡɚɟɦɛɚɧɤɨɜɤɪɟɞɢɬɩɪɢɫɩɚɡɜɚɧɟɢɡɢɫɤɜɚɧɢɹɬɚɧɚɱɥɚɥ

 ɬ  ɢ ɬ  ɨɬ ɍɫɬɚɜɚ ɤɚɤɬɨ ɢ ɡɚ ɩɪɟɞɨɫɬɚɜɹɧɟ ɧɚ ɨɛɟɡɩɟɱɟɧɢɹ ɡɚ ɡɚɞɴɥɠɟɧɢɹ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɩɪɢ

ɫɩɚɡɜɚɧɟɧɚɧɨɪɦɚɬɢɜɧɨɨɩɪɟɞɟɥɟɧɢɬɟɨɝɪɚɧɢɱɟɧɢɹ

 ɜɡɟɦɚɪɟɲɟɧɢɹɡɚɢɡɜɴɪɲɜɚɧɟɧɚɜɫɢɱɤɢɫɞɟɥɤɢɧɚȾɪɭɠɟɫɬɜɨɬɨɫɴɫɡɚɢɧɬɟɪɟɫɨɜɚɧɢɥɢɰɚɩɪɢɫɩɚɡɜɚɧɟ

ɨɝɪɚɧɢɱɟɧɢɹɬɚɧɚɭɫɬɚɜɚɢɞɟɣɫɬɜɚɳɨɬɨɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨ

 ɢɡɛɢɪɚɩɪɨɤɭɪɢɫɬɧɚȾɪɭɠɟɫɬɜɨɬɨ

 ɩɪɢɟɦɚɩɪɨɝɪɚɦɚɡɚɞɨɛɪɨɤɨɪɩɨɪɚɬɢɜɧɨɭɩɪɚɜɥɟɧɢɟɧɚȾɪɭɠɟɫɬɜɨɬɨɜɫɴɨɬɜɟɬɫɬɜɢɟɫɦɟɠɞɭɧɚɪɨɞɧɨ

ɩɪɢɡɧɚɬɢɬɟɫɬɚɧɞɚɪɬɢɡɚɞɨɛɪɨɤɨɪɩɨɪɚɬɢɜɧɨɭɩɪɚɜɥɟɧɢɟɨɩɪɟɞɟɥɟɧɢɨɬɁɚɦɉɪɟɞɫɟɞɚɬɟɥɹɪɴɤɨɜɨɞɟɳ

ɭɩɪɚɜɥɟɧɢɟ³ɇɚɞɡɨɪɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɬɚɞɟɣɧɨɫɬ´ɜɄɨɦɢɫɢɹɬɚɩɨɮɢɧɚɧɫɨɜɧɚɞɡɨɪ

 ɜɡɟɦɚɪɟɲɟɧɢɹɡɚɡɚɫɬɪɚɯɨɜɚɧɟɧɚɧɟɞɜɢɠɢɦɢɬɟɢɦɨɬɢɩɪɢɞɨɛɢɬɢɨɬɞɪɭɠɟɫɬɜɨɬɨ

 ɢɡɛɢɪɚɢɫɤɥɸɱɜɚɞɨɝɨɜɨɪɫɢɧɜɟɫɬɢɰɢɨɧɟɧɩɨɫɪɟɞɧɢɤɩɪɢɤɨɣɬɨɞɚɛɴɞɚɬɨɬɤɪɢɬɢɤɥɢɟɧɬɫɤɢɩɨɞɫɦɟɬɤɢ

ɡɚɧɨɜɢɬɟɚɤɰɢɢɧɚɬɟɯɧɢɬɟɩɪɢɬɟɠɚɬɟɥɢɜɫɥɭɱɚɣɧɚɭɜɟɥɢɱɟɧɢɟɬɚɤɚɩɢɬɚɥɚɧɚȾɪɭɠɟɫɬɜɨɬɨ

 ɜɡɟɦɚɪɟɲɟɧɢɹɡɚɭɱɪɟɞɹɜɚɧɟɬɨɩɪɢɞɨɛɢɜɚɧɟɬɨɢɥɢɩɪɟɯɜɴɪɥɹɧɟɬɨɧɚɞɹɥɨɜɨɢɥɢɚɤɰɢɨɧɟɪɧɨɭɱɚɫɬɢɟɜ

ɫɩɟɰɢɚɥɢɡɢɪɚɧɨɞɪɭɠɟɫɬɜɨɩɨɱɥɚɥɨɬɁȾɋɂɐȾɋɩɪɢɫɴɨɬɜɟɬɧɨɩɪɢɥɚɝɚɧɟɧɚɭɫɥɨɜɢɹɬɚɢɪɟɞɚɧɚ

ɱɥɢɱɥɚɨɬɁɉɉɐɄ

 ɜɡɟɦɚɪɟɲɟɧɢɹɩɨɜɫɢɱɤɢɨɫɬɚɧɚɥɢɜɴɩɪɨɫɢɤɨɢɬɨɧɟɫɚɩɨɫɬɚɜɟɧɢɜɢɡɪɢɱɧɚɬɚɤɨɦɩɟɬɟɧɬɧɨɫɬɧɚɨɛɳɨɬɨ

ɫɴɛɪɚɧɢɟɨɬɪɚɡɩɨɪɟɞɛɚɧɚɡɚɤɨɧɚɢɥɢɭɫɬɚɜɚ

 ɩɪɢɫɩɚɡɜɚɧɟɧɚɨɝɪɚɧɢɱɟɧɢɹɬɚɧɚɱɥɢɫɥɟɞɜɚɳɢɨɬɁɉɉɐɄɢɞɟɣɫɬɜɚɳɨɬɨɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨɋɴɜɟɬɴɬ

ɧɚ ɞɢɪɟɤɬɨɪɢɬɟ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɢɦɚ ɩɪɚɜɨ ɫ ɟɞɢɧɨɞɭɲɧɨ ɪɟɲɟɧɢɟ ɞɚ ɪɚɡɪɟɲɚɜɚ ɢɡɜɴɪɲɜɚɧɟɬɨ ɧɚ

ɫɞɟɥɤɢɬɟɩɨɱɥɚɥɨɬɌɴɪɝɨɜɫɤɢɹɡɚɤɨɧ

Ɍɪɟɬɨɥɢɰɟɨɛɫɥɭɠɜɚɳɨɞɪɭɠɟɫɬɜɨ

ɋ ɨɝɥɟɞ ɫɩɟɰɢɮɢɤɚɬɚ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɢ ɫɴɝɥɚɫɧɨ ɁȾɋɂɐȾɋ ɚɞɦɢɧɢɫɬɪɢɪɚɧɟɬɨ ɧɚ ɞɟɣɧɨɫɬɬɚ ɧɚ ÄȺɞɜɚɧɫ

Ɍɟɪɚɮɨɧɞ³ȺȾɋɂɐɫɟɢɡɜɴɪɲɜɚɨɬɬɪɟɬɨɥɢɰɟ±ÄɄɚɪɨɥɎɢɧɚɧɫ³ȿɈɈȾɤɨɟɬɨɨɫɢɝɭɪɹɜɚɤɨɧɫɭɥɬɚɧɬɫɤɢɢɞɪɭɝɢ

ɭɫɥɭɝɢɤɚɬɨɚɞɦɢɧɢɫɬɪɚɬɢɜɧɢɫɱɟɬɨɜɨɞɧɢɢɩɨɩɨɞɛɨɪɧɚɩɟɪɫɨɧɚɥɚ

Ⱦɢɪɟɤɬɨɪɡɚɜɪɴɡɤɢɫɢɧɜɟɫɬɢɬɨɪɢɬɟ

Ɉɬɨɛɪɚɡɭɜɚɧɟɬɨɧɚ ÄȺɞɜɚɧɫ Ɍɟɪɚɮɨɧɞ³ȺȾɋɂɐ ɩɪɟɡ ɝ ɞɨ ɫɟɝɚ ɜ ɫɬɪɭɤɬɭɪɚɬɚɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɨɫɜɟɧ

ɬɪɢɦɚɬɚ ɱɥɟɧɨɜɟ ɧɚ ɋɴɜɟɬɚ ɧɚ ɞɢɪɟɤɬɨɪɢɬɟ ɟ ɫɴɡɞɚɞɟɧɚ ɢ ɮɭɧɤɰɢɨɧɢɪɚ ɜ ɫɴɨɬɜɟɬɫɬɜɢɟ ɫ ɪɚɡɩɨɪɟɞɛɢɬɟ ɧɚ

ɁȾɋɂɐȾɋɞɥɴɠɧɨɫɬɬɚɧɚȾɢɪɟɤɬɨɪɚɡɚɜɪɴɡɤɢɫɢɧɜɟɫɬɢɬɨɪɢɬɟɧɚɤɨɹɬɨɟɧɚɡɧɚɱɟɧɧɚɬɪɭɞɨɜɞɨɝɨɜɨɪȺɬɚɧɚɫ

ɌɨɞɨɪɨɜȾɢɦɢɬɪɨɜ

Ʉɨɦɢɬɟɬɢ

 ɉɪɢ ɫɩɚɡɜɚɧɟ ɢɡɢɫɤɜɚɧɢɹɬɚ ɧɚ ɞɟɣɫɬɜɚɳɨɬɨ ɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨ ɨɬ Ɉɛɳɨɬɨ ɫɴɛɪɚɧɢɟ ɧɚ ɚɤɰɢɨɧɟɪɢɬɟ  ɧɚ

ÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɟɢɡɛɪɚɥɨɧɚɡɧɚɱɢɥɨɈɞɢɬɟɧɤɨɦɢɬɟɬɜɫɴɫɬɚɜ

ɄɚɦɟɧɉɟɬɪɨɜɄɚɦɟɧɨɜ±ɉɪɟɞɫɟɞɚɬɟɥ

ɀɟɱɤɨȾɢɦɢɬɪɨɜɉɟɬɪɨɜ±ɑɥɟɧ

ɋɬɚɧɢɦɢɪɉɟɬɪɨɜɄɚɱɭɥɟɜ±ɑɥɟɧ

Ɉɞɢɬɧɢɹɬɤɨɦɢɬɟɬɢɡɩɴɥɧɹɜɚɫɥɟɞɧɢɬɟɨɫɧɨɜɧɢɡɚɞɴɥɠɟɧɢɹ

 ɢɧɮɨɪɦɢɪɚɭɩɪɚɜɢɬɟɥɧɢɹɨɪɝɚɧɧɚɩɪɟɞɩɪɢɹɬɢɟɬɨɡɚɪɟɡɭɥɬɚɬɢɬɟɨɬɡɚɞɴɥɠɢɬɟɥɧɢɹɨɞɢɬɢɩɨɹɫɧɹɜɚɩɨ

ɤɚɤɴɜɧɚɱɢɧɡɚɞɴɥɠɢɬɟɥɧɢɹɬɨɞɢɬɟɞɨɩɪɢɧɟɫɴɥɡɚɞɨɫɬɨɜɟɪɧɨɫɬɬɚɧɚɮɢɧɚɧɫɨɜɨɬɨɨɬɱɢɬɚɧɟɤɚɤɬɨɢ

ɪɨɥɹɬɚɧɚɨɞɢɬɧɢɹɤɨɦɢɬɟɬɜɬɨɡɢɩɪɨɰɟɫ



ɧɚɛɥɸɞɚɜɚɩɪɨɰɟɫɚɧɚɮɢɧɚɧɫɨɜɨɨɬɱɢɬɚɧɟɢɩɪɟɞɫɬɚɜɹɩɪɟɩɨɪɴɤɢɢɩɪɟɞɥɨɠɟɧɢɹɡɚɞɚɫɟɝɚɪɚɧɬɢɪɚ

ɧɟɝɨɜɚɬɚɟɮɟɤɬɢɜɧɨɫɬ

 ɧɚɛɥɸɞɚɜɚɟɮɟɤɬɢɜɧɨɫɬɬɚɧɚɜɴɬɪɟɲɧɚɬɚɤɨɧɬɪɨɥɧɚɫɢɫɬɟɦɚɧɚɫɢɫɬɟɦɚɬɚɡɚɭɩɪɚɜɥɟɧɢɟɧɚɪɢɫɤɚɢɧɚ

ɞɟɣɧɨɫɬɬɚɩɨɜɴɬɪɟɲɟɧɨɞɢɬɩɨɨɬɧɨɲɟɧɢɟɧɚɮɢɧɚɧɫɨɜɨɬɨɨɬɱɢɬɚɧɟɜɨɞɢɬɢɪɚɧɨɬɨɩɪɟɞɩɪɢɹɬɢɟ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾȿɄɅȺɊȺɐɂəɁȺɄɈɊɉɈɊȺɌɂȼɇɈɍɉɊȺȼɅȿɇɂȿ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[[YL



 ɧɚɛɥɸɞɚɜɚɡɚɞɴɥɠɢɬɟɥɧɢɹ ɨɞɢɬ ɧɚɝɨɞɢɲɧɢɬɟ ɮɢɧɚɧɫɨɜɢɨɬɱɟɬɢɜɤɥɸɱɢɬɟɥɧɨ ɧɟɝɨɜɨɬɨɢɡɜɴɪɲɜɚɧɟ

ɤɚɬɨɜɡɟɦɚɩɪɟɞɜɢɞɤɨɧɫɬɚɬɚɰɢɢɬɟɢɡɚɤɥɸɱɟɧɢɹɬɚɧɚɄɨɦɢɫɢɹɬɚɡɚɩɭɛɥɢɱɟɧɧɚɞɡɨɪɩɨɩɪɢɥɚɝɚɧɟɬɨɧɚ

ɱɥɩɚɪɚɝɪɚɮɨɬɊɟɝɥɚɦɟɧɬȿɋʋ

 ɩɪɨɜɟɪɹɜɚɢɧɚɛɥɸɞɚɜɚɧɟɡɚɜɢɫɢɦɨɫɬɬɚɧɚɪɟɝɢɫɬɪɢɪɚɧɢɬɟɨɞɢɬɨɪɢɜ ɫɴɨɬɜɟɬɫɬɜɢɟɫɢɡɢɫɤɜɚɧɢɹɬɚ ɧɚ

ɝɥɚɜɢ ɲɟɫɬɚ ɢ ɫɟɞɦɚ ɨɬ ɡɚɤɨɧɚ ɤɚɤɬɨ ɢ ɫ ɱɥ  ɨɬ Ɋɟɝɥɚɦɟɧɬ ȿɋ ʋ  ɜɤɥɸɱɢɬɟɥɧɨ

ɰɟɥɟɫɴɨɛɪɚɡɧɨɫɬɬɚɧɚɩɪɟɞɨɫɬɚɜɹɧɟɬɨɧɚɭɫɥɭɝɢɢɡɜɴɧɨɞɢɬɚɧɚɨɞɢɬɢɪɚɧɨɬɨɩɪɟɞɩɪɢɹɬɢɟɩɨɱɥɨɬ

ɫɴɳɢɹɪɟɝɥɚɦɟɧɬ

 ɨɬɝɨɜɚɪɹɡɚɩɪɨɰɟɞɭɪɚɬɚɡɚɩɨɞɛɨɪɧɚɪɟɝɢɫɬɪɢɪɚɧɢɹɨɞɢɬɨɪɢɩɪɟɩɨɪɴɱɜɚɧɚɡɧɚɱɚɜɚɧɟɬɨɦɭ

 ɭɜɟɞɨɦɹɜɚɄɨɦɢɫɢɹɬɚɡɚɩɭɛɥɢɱɟɧɧɚɞɡɨɪɤɚɤɬɨɢɭɩɪɚɜɢɬɟɥɧɢɹɨɪɝɚɧɧɚɩɪɟɞɩɪɢɹɬɢɟɬɨɡɚɜɫɹɤɨɞɚɞɟɧɨ

ɨɞɨɛɪɟɧɢɟɩɨɱɥɚɥɢɱɥɚɥɨɬɁɚɤɨɧɚɡɚɧɟɡɚɜɢɫɢɦɢɹɮɢɧɚɧɫɨɜɨɞɢɬɜɞɧɟɜɟɧɫɪɨɤɨɬ

ɞɚɬɚɬɚɧɚɪɟɲɟɧɢɟɬɨ

 ɨɬɱɢɬɚɞɟɣɧɨɫɬɬɚɫɢɩɪɟɞɨɪɝɚɧɚɩɨɧɚɡɧɚɱɚɜɚɧɟ

 ɢɡɝɨɬɜɹɢɩɪɟɞɨɫɬɚɜɹɧɚɄɨɦɢɫɢɹɬɚɡɚɩɭɛɥɢɱɟɧɧɚɞɡɨɪɜɫɪɨɤɞɨɸɧɢɝɨɞɢɲɟɧɞɨɤɥɚɞɡɚɞɟɣɧɨɫɬɬɚ

ɫɢ

9,Ɉɬɱɢɬɚɣɤɢɦɚɥɤɚɬɚɫɢɫɬɪɭɤɬɭɪɚɫɴɫɬɨɹɳɚɫɟɨɬɬɪɢɦɚɱɥɟɧɨɜɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟ

ɢɟɞɢɧɫɥɭɠɢɬɟɥɧɚɞɥɴɠɧɨɫɬȾɢɪɟɤɬɨɪɡɚɜɪɴɡɤɢɫɢɧɜɟɫɬɢɬɨɪɢɬɟɢɧɚɨɫɧɨɜɚɧɢɟɱɥɧɚɥ

ɨɬɁɉɉɐɄÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɢɡɛɢɪɚɞɚɧɟɩɪɢɥɚɝɚɩɨɥɢɬɢɤɚɧɚɦɧɨɝɨɨɛɪɚɡɢɟɩɨ

ɨɬɧɨɲɟɧɢɟɧɚɭɩɪɚɜɢɬɟɥɧɢɹɫɢɨɪɝɚɧɜɴɜɜɪɴɡɤɚɫɚɫɩɟɤɬɢɤɚɬɨɜɴɡɪɚɫɬɩɨɥɢɥɢɨɛɪɚɡɨɜɚɧɢɟ

ɢɩɪɨɮɟɫɢɨɧɚɥɟɧɨɩɢɬ



ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜ

ɂɡɩɴɥɧɢɬɟɥɟɧȾɢɪɟɤɬɨɪ



ɦɚɪɬɝ



Radoslav

Iliev

Manolov

Digitally signed

by Radoslav Iliev

Manolov

Date: 2023.03.28

10:26:00 +03'00'

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺɉɊɂɅȺȽȺɇȿɉɈɅɂɌɂɄȺɌȺɁȺȼɔɁɇȺȽɊȺɀȾȿɇɂəɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[[YLL



ȾɈɄɅȺȾ

ɡɚɩɪɢɥɚɝɚɧɟɧɚɩɨɥɢɬɢɤɚɬɚɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɧɚɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚ

ɞɢɪɟɤɬɨɪɢɬɟɧɚÄȺȾȼȺɇɋɌȿɊȺɎɈɇȾ³ȺȾɋɂɐɡɚɝ



ȼ ɧɚɫɬɨɹɳɢɹ ɞɨɤɥɚɞ Ⱦɪɭɠɟɫɬɜɨɬɨ ɪɚɡɤɪɢɜɚ ɧɚɱɢɧɚ ɩɨ ɤɨɣɬɨ ɩɪɢɥɚɝɚ ɉɨɥɢɬɢɤɚɬɚ ɧɚ ɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚ ɧɚ

ɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɪɚɡɪɚɛɨɬɟɧɚɨɬɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɢɩɪɢɟɬɚɧɚɡɚɫɟɞɚɧɢɟɧɚɈɛɳɨ

ɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟɩɪɨɜɟɞɟɧɨɧɚɝ



ɂɧɮɨɪɦɚɰɢɹɨɬɧɨɫɧɨɩɪɨɰɟɫɚɧɚɜɡɟɦɚɧɟɧɚɪɟɲɟɧɢɹɩɪɢɨɩɪɟɞɟɥɹɧɟ ɧɚ ɩɨɥɢɬɢɤɚɬɚ ɡɚ

ɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɜɤɥɸɱɢɬɟɥɧɨɚɤɨɟɩɪɢɥɨɠɢɦɨɢɧɮɨɪɦɚɰɢɹɡɚɦɚɧɞɚɬɚɢɫɴɫɬɚɜɚɧɚɤɨɦɢɬɟɬɚɩɨ

ɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚ ɢɦɟɧɚɬɚ ɧɚ ɜɴɧɲɧɢɬɟ ɤɨɧɫɭɥɬɚɧɬɢ ɱɢɢɬɨ ɭɫɥɭɝɢ ɫɚ ɛɢɥɢ ɢɡɩɨɥɡɜɚɧɢ ɩɪɢ

ɨɩɪɟɞɟɥɹɧɟɬɨɧɚɩɨɥɢɬɢɤɚɬɚɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚ



ɉɨɥɢɬɢɤɚɬɚɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɧɚÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐȾɪɭɠɟɫɬɜɨɬɨɟɢɡɝɨɬɜɟɧɚɜɫɴɨɬɜɟɬɫɬɜɢɟ

ɢɧɚɨɫɧɨɜɚɧɢɟɫɇɚɪɟɞɛɚʋɨɬɝɡɚɢɡɢɫɤɜɚɧɢɹɬɚɤɴɦɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɢɡɦɟɧɟɧɚɢɞɨɩɴɥɧɟɧɚ

ɫȾȼɛɪɨɬɝɨɬɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɧɚȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɢɟɩɪɢɟɬɚɫɪɟɲɟɧɢɟɧɚ

ɈɛɳɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟɧɚÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɩɪɨɜɟɞɟɧɨɧɚɨɤɬɨɦɜɪɢɝȺɞɜɚɧɫ

ɌɟɪɚɮɨɧɞȺȾɋɂɐɧɟɟɫɴɡɞɚɜɚɥɨɤɨɦɢɬɟɬɩɨɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɢɧɟɟɩɨɥɡɜɚɥɨɭɫɥɭɝɢɧɚɜɴɧɲɧɢɤɨɧɫɭɥɬɚɧɬɢ

ɩɪɢɪɚɡɪɚɛɨɬɜɚɧɟɧɚɩɨɥɢɬɢɤɚɬɚɫɢɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚ

ɉɨɥɢɬɢɤɚɬɚ ɨɩɪɟɞɟɥɹ ɩɪɢɧɰɢɩɢɬɟ ɢ ɢɡɢɫɤɜɚɧɢɹɬɚ ɤɚɫɚɟɳɢ ɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚ ɧɚ ɱɥɟɧɨɜɟɬɟ ɧɚ ɫɴɜɟɬɚ ɧɚ

ɞɢɪɟɤɬɨɪɢɬɟɧɚȺɞɜɚɧɫɌɟɪɚɮɨɧɞ³ȺȾɋɂɐɢɩɪɚɤɬɢɤɚɬɚɡɚɬɹɯɧɨɬɨɨɩɪɟɞɟɥɹɧɟɢɢɡɩɥɚɳɚɧɟɜɫɴɨɬɜɟɬɫɬɜɢɟɫ

ɧɨɪɦɚɬɢɜɧɢɬɟɢɡɢɫɤɜɚɧɢɹɢɭɫɬɚɜɚɧɚȾɪɭɠɟɫɬɜɨɬɨɤɚɬɨɧɟɫɟɞɨɩɭɫɤɚɤɨɧɮɥɢɤɬɧɚɢɧɬɟɪɟɫɢɢɧɟɪɚɜɧɨɫɬɨɣɧɨ

ɬɪɟɬɢɪɚɧɟɧɚɥɢɰɚɬɚ ȼɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɫɚ ɮɨɪɦɢɪɚɧɢɜɴɡ ɨɫɧɨɜɚɧɚɫɬɪɚɬɟɝɢɹɬɚɢɰɟɥɢɬɟ ɧɚȾɪɭɠɟɫɬɜɨɬɨ

ɨɩɪɟɞɟɥɹɳɢɧɟɝɨɜɨɬɨɮɭɧɤɰɢɨɧɢɪɚɧɟɤɚɤɬɨɢɩɨɫɬɢɝɧɚɬɢɬɟɮɢɧɚɧɫɨɜɨɢɤɨɧɨɦɢɱɟɫɤɢɪɟɡɭɥɬɚɬɢ



 ɂɧɮɨɪɦɚɰɢɹ ɨɬɧɨɫɧɨ ɨɬɧɨɫɢɬɟɥɧɚɬɚ ɬɟɠɟɫɬ ɧɚ ɩɪɨɦɟɧɥɢɜɨɬɨ ɢ ɩɨɫɬɨɹɧɧɨɬɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɧɚ

ɱɥɟɧɨɜɟɬɟɧɚɭɩɪɚɜɢɬɟɥɧɢɬɟɢɤɨɧɬɪɨɥɧɢɬɟɨɪɝɚɧɢ



Ⱦɪɭɠɟɫɬɜɨɬɨ ɢɡɩɥɚɳɚ ɧɚ ɱɥɟɧɨɜɟɬɟ ɧɚ ɭɩɪɚɜɢɬɟɥɧɢɹ ɫɢ ɨɪɝɚɧ ɟɞɢɧɫɬɜɟɧɨ ɩɨɫɬɨɹɧɧɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɩɨɞ

ɮɨɪɦɚɬɚɧɚɮɢɤɫɢɪɚɧɨɦɟɫɟɱɧɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟɱɢɣɬɨɪɚɡɦɟɪɫɟɨɩɪɟɞɟɥɹɨɬɈɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚȾɪɭɠɟɫɬɜɨɬɨ

ɢɫɟɢɡɩɥɚɳɚɩɪɢɭɫɥɨɜɢɹɬɚɢɜɫɪɨɤɨɜɟɬɟɧɚɫɤɥɸɱɟɧɢɬɟɦɟɠɞɭɬɹɯɢȾɪɭɠɟɫɬɜɨɬɨɞɨɝɨɜɨɪɢɡɚɭɩɪɚɜɥɟɧɢɟɜ

ɫɴɨɬɜɟɬɫɬɜɢɟɫɩɪɚɜɢɥɚɬɚɡɚɥɨɠɟɧɢɜɭɫɬɚɜɚ

ɋɴɝɥɚɫɧɨɞɟɣɫɬɜɚɳɚɬɚɉɨɥɢɬɢɤɚɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɧɟɫɟɩɪɟɞɜɢɠɞɚɡɚɩɥɚɳɚɧɟɧɚɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚ

ɞɢɪɟɤɬɨɪɢɬɟɧɚɩɪɨɦɟɧɥɢɜɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟ



ɂɧɮɨɪɦɚɰɢɹɨɬɧɨɫɧɨɤɪɢɬɟɪɢɢɬɟɡɚɩɨɫɬɢɝɧɚɬɢɪɟɡɭɥɬɚɬɢɜɴɡɨɫɧɨɜɚɧɚɤɨɢɬɨɫɟɩɪɟɞɨɫɬɚɜɹɬɨɩɰɢɢ

ɜɴɪɯɭ ɚɤɰɢɢ ɚɤɰɢɢ ɧɚ ɞɪɭɠɟɫɬɜɨɬɨ ɢɥɢ ɞɪɭɝ ɜɢɞ ɩɪɨɦɟɧɥɢɜɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɢ ɨɛɹɫɧɟɧɢɟ ɤɚɤ

ɤɪɢɬɟɪɢɢɬɟɩɨɱɥɚɥɢɇɚɪɟɞɛɚʋɞɨɩɪɢɧɚɫɹɬɡɚɞɴɥɝɨɫɪɨɱɧɢɬɟɢɧɬɟɪɟɫɢɧɚɞɪɭɠɟɫɬɜɨɬɨ



ɇɟɫɟ ɩɪɟɞɜɢɠɞɚɩɪɟɞɨɫɬɚɜɹɧɟ ɧɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɧɚɱɥɟɧɨɜɟɬɟ ɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɩɨɞɮɨɪɦɚɬɚɧɚ

ɚɤɰɢɢ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨɨɩɰɢɢ ɜɴɪɯɭ ɚɤɰɢɢ ɢɥɢ ɞɪɭɝɢ ɩɪɚɜɚ ɡɚ ɩɪɢɞɨɛɢɜɚɧɟ ɧɚɚɤɰɢɢ ɇɟ ɫɟ ɩɪɟɞɜɢɠɞɚɬ ɢ

ɜɴɡɧɚɝɪɚɠɞɟɧɢɹɨɫɧɨɜɚɜɚɳɢɫɟɧɚɩɪɨɦɟɧɢɜɰɟɧɚɬɚɧɚɚɤɰɢɢɬɟɧɚȾɪɭɠɟɫɬɜɨɬɨɤɚɤɬɨɢɨɛɥɚɝɢɫɜɴɪɡɚɧɢɫ

ɩɟɧɫɢɨɧɢɪɚɧɟ



 ɉɨɹɫɧɟɧɢɟ ɧɚ ɩɪɢɥɚɝɚɧɢɬɟ ɦɟɬɨɞɢ ɡɚ ɩɪɟɰɟɧɤɚ ɞɚɥɢ ɫɚ ɢɡɩɴɥɧɟɧɢ ɤɪɢɬɟɪɢɢɬɟ ɡɚ ɩɨɫɬɢɝɧɚɬɢɬɟ

ɪɟɡɭɥɬɚɬɢ



ɋɴɝɥɚɫɧɨɩɪɢɟɬɚɬɚɉɨɥɢɬɢɤɚɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɢɡɩɥɚɳɚɧɟɬɨɧɚɩɨɫɬɨɹɧɧɨɬɨɦɟɫɟɱɧɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟɧɚ

ɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɧɚȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɧɟɡɚɜɢɫɢɨɬɩɨɫɬɢɝɧɚɬɢɬɟɪɟɡɭɥɬɚɬɢ



ɉɨɹɫɧɟɧɢɟɨɬɧɨɫɧɨɡɚɜɢɫɢɦɨɫɬɬɚɦɟɠɞɭɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨɢɩɨɫɬɢɝɧɚɬɢɬɟɪɟɡɭɥɬɚɬɢ



ɉɨɫɬɨɹɧɧɨɬɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟɧɚɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɧɟɡɚɜɢɫɢɨɬɩɨɫɬɢɝɧɚɬɢɬɟɪɟɡɭɥɬɚɬɢ



Ɉɫɧɨɜɧɢɬɟɩɥɚɳɚɧɢɹɢɨɛɨɫɧɨɜɤɚɧɚɝɨɞɢɲɧɚɬɚɫɯɟɦɚɡɚɢɡɩɥɚɳɚɧɟɧɚɛɨɧɭɫɢɢɢɥɢɧɚɜɫɢɱɤɢɞɪɭɝɢ

ɧɟɩɚɪɢɱɧɢɞɨɩɴɥɧɢɬɟɥɧɢɜɴɡɧɚɝɪɚɠɞɟɧɢɹ



Ɇɟɫɟɱɧɢɬɟɜɴɡɧɚɝɪɚɠɞɟɧɢɹɫɟɢɡɩɥɚɳɚɬɟɠɟɦɟɫɟɱɧɨɩɨɛɚɧɤɨɜɚɫɦɟɬɤɚ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺɉɊɂɅȺȽȺɇȿɉɈɅɂɌɂɄȺɌȺɁȺȼɔɁɇȺȽɊȺɀȾȿɇɂəɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

[[YLLL



 Ɉɩɢɫɚɧɢɟ ɧɚ ɨɫɧɨɜɧɢɬɟ ɯɚɪɚɤɬɟɪɢɫɬɢɤɢ ɧɚ ɫɯɟɦɚɬɚ ɡɚ ɞɨɩɴɥɧɢɬɟɥɧɨ ɞɨɛɪɨɜɨɥɧɨ ɩɟɧɫɢɨɧɧɨ

ɨɫɢɝɭɪɹɜɚɧɟ ɢ ɢɧɮɨɪɦɚɰɢɹ ɨɬɧɨɫɧɨ ɩɥɚɬɟɧɢɬɟ ɢɢɥɢ ɞɴɥɠɢɦɢɬɟ ɜɧɨɫɤɢɨɬɞɪɭɠɟɫɬɜɨɬɨɜɩɨɥɡɚɧɚ

ɞɢɪɟɤɬɨɪɚɡɚɫɴɨɬɜɟɬɧɚɬɚɮɢɧɚɧɫɨɜɚɝɨɞɢɧɚɤɨɝɚɬɨɟɩɪɢɥɨɠɢɦɨ



ɇɟɫɟɩɪɢɥɚɝɚɫɯɟɦɚɡɚɞɨɩɴɥɧɢɬɟɥɧɨɞɨɛɪɨɜɨɥɧɨɩɟɧɫɢɨɧɧɨɨɫɢɝɭɪɹɜɚɧɟ



ɂɧɮɨɪɦɚɰɢɹɡɚɩɟɪɢɨɞɢɬɟɧɚɨɬɥɚɝɚɧɟɧɚɢɡɩɥɚɳɚɧɟɬɨɧɚɩɪɨɦɟɧɥɢɜɢɬɟɜɴɡɧɚɝɪɚɠɞɟɧɢɹ



ɉɪɨɦɟɧɥɢɜɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟɧɚɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɧɟɟɩɪɟɞɜɢɞɟɧɨɜɉɨɥɢɬɢɤɚɬɚɫɴɨɬɜɟɬɧɨ

ɧɟɟɨɩɪɟɞɟɥɟɧɨɨɬɈɋȺɢɧɟɫɟɢɡɩɥɚɳɚ



ɂɧɮɨɪɦɚɰɢɹɡɚɩɨɥɢɬɢɤɚɬɚɧɚɨɛɟɡɳɟɬɟɧɢɹɬɚɩɪɢɩɪɟɤɪɚɬɹɜɚɧɟɧɚɞɨɝɨɜɨɪɢɬɟ



ɉɪɢɩɪɟɞɫɪɨɱɧɨɩɪɟɤɪɚɬɹɜɚɧɟɧɚȾɨɝɨɜɨɪɡɚɜɴɡɥɚɝɚɧɟɧɚɭɩɪɚɜɥɟɧɢɟɬɨɫɴɨɬɜɟɬɧɨɞɨɝɨɜɨɪɢɬɟɡɚɭɱɚɫɬɢɟɜ

ɭɩɪɚɜɥɟɧɢɟɬɨɫɱɥɟɧɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɨɛɳɢɹɬɪɚɡɦɟɪɧɚɨɛɟɡɳɟɬɟɧɢɹɬɚɧɟɦɨɠɟɞɚɩɪɟɜɢɲɚɜɚɫɭɦɚɬɚ

ɨɬɢɡɩɥɚɬɟɧɢɬɟɝɨɞɢɲɧɢɜɴɡɧɚɝɪɚɠɞɟɧɢɹɧɚɥɢɰɟɬɨɡɚɞɜɟɝɨɞɢɧɢɌɚɤɴɜɜɢɞɨɛɟɡɳɟɬɟɧɢɹɧɟɫɟɞɴɥɠɚɬɩɪɢ

ɩɪɟɞɫɪɨɱɧɨɩɪɟɤɪɚɬɹɜɚɧɟɧɚɞɨɝɨɜɨɪɚɩɨɪɚɞɢɜɢɧɨɜɧɨɩɨɜɟɞɟɧɢɟɧɚɱɥɟɧɚɧɚɭɩɪɚɜɢɬɟɥɧɢɹɨɪɝɚɧɢɢɥɢɩɪɢ

ɧɟɡɚɞɨɜɨɥɢɬɟɥɧɢɪɟɡɭɥɬɚɬɢ



ɂɧɮɨɪɦɚɰɢɹɡɚɩɟɪɢɨɞɚɜɤɨɣɬɨɚɤɰɢɢɬɟɧɟɦɨɝɚɬɞɚɛɴɞɚɬɩɪɟɯɜɴɪɥɹɧɢɢɨɩɰɢɢɬɟɜɴɪɯɭɚɤɰɢɢɧɟ

ɦɨɝɚɬɞɚɛɴɞɚɬɭɩɪɚɠɧɹɜɚɧɢɩɪɢɩɪɨɦɟɧɥɢɜɢɜɴɡɧɚɝɪɚɠɞɟɧɢɹɨɫɧɨɜɚɧɢɧɚɚɤɰɢɢ



ɇɹɦɚɩɪɟɞɜɢɞɟɧɢɬɚɤɢɜɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹ



ɂɧɮɨɪɦɚɰɢɹɡɚɩɨɥɢɬɢɤɚɬɚɡɚɡɚɩɚɡɜɚɧɟɧɚɨɩɪɟɞɟɥɟɧɛɪɨɣɚɤɰɢɢɞɨɤɪɚɹɧɚɦɚɧɞɚɬɚɧɚɱɥɟɧɨɜɟɬɟ

ɧɚɭɩɪɚɜɢɬɟɥɧɢɬɟɢɤɨɧɬɪɨɥɧɢɬɟɨɪɝɚɧɢɫɥɟɞɢɡɬɢɱɚɧɟɧɚɩɟɪɢɨɞɚɩɨɬ



Ⱦɪɭɠɟɫɬɜɨɬɨɧɹɦɚɬɚɤɚɜɚɩɨɥɢɬɢɤɚ



ɂɧɮɨɪɦɚɰɢɹɨɬɧɨɫɧɨɞɨɝɨɜɨɪɢɬɟɧɚɱɥɟɧɨɜɟɬɟɧɚɭɩɪɚɜɢɬɟɥɧɢɬɟɢɤɨɧɬɪɨɥɧɢɬɟɨɪɝɚɧɢɜɤɥɸɱɢɬɟɥɧɨ

ɫɪɨɤɚɧɚɜɫɟɤɢɞɨɝɨɜɨɪɫɪɨɤɚɧɚɩɪɟɞɢɡɜɟɫɬɢɟɬɨɡɚɩɪɟɤɪɚɬɹɜɚɧɟɢɞɟɬɚɣɥɢɨɬɧɨɫɧɨɨɛɟɡɳɟɬɟɧɢɹɬɚɢɢɥɢ

ɞɪɭɝɢɞɴɥɠɢɦɢɩɥɚɳɚɧɢɹɜɫɥɭɱɚɣɧɚɩɪɟɞɫɪɨɱɧɨɩɪɟɤɪɚɬɹɜɚɧɟ



ɇɚɫɬɨɹɳɢɬɟɱɥɟɧɨɜɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɫɚɩɪɟɢɡɛɪɚɧɢɡɚɫɪɨɤɨɬɩɟɬɝɨɞɢɧɢɫɪɟɲɟɧɢɟɧɚɩɪɨɜɟɞɟɧɨɬɨ

ɧɚɝɨɞɢɧɚɨɛɳɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟɧɚÄȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐɑɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚ

ɞɢɪɟɤɬɨɪɢɬɟɦɨɝɚɬɞɚɛɴɞɚɬɩɪɟɢɡɛɢɪɚɧɢɛɟɡɨɝɪɚɧɢɱɟɧɢɹɋɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɫɚɫɤɥɸɱɟɧɢ

ɞɨɝɨɜɨɪɢ ɡɚ ɭɩɪɚɜɥɟɧɢɟ ɡɚ ɫɪɨɤɚ ɧɚ ɭɩɪɚɠɧɹɜɚɧɟ ɧɚ ɫɴɨɬɜɟɬɧɢɬɟ ɢɦ ɩɪɚɜɨɦɨɳɢɹ ɢ ɫɴɳɢɬɟ ɞɨɝɨɜɨɪɢ ɫɟ

ɩɪɟɤɪɚɬɹɜɚɬɧɚɞɚɬɚɬɚɧɚɨɬɬɟɝɥɹɧɟɬɨɢɦɜɫɴɨɬɜɟɬɫɬɜɢɟɫɩɪɢɥɨɠɢɦɢɬɟɪɚɡɩɨɪɟɞɛɢȾɨɝɨɜɨɪɴɬɡɚɜɴɡɥɚɝɚɧɟɧɚ

ɭɩɪɚɜɥɟɧɢɟɫɢɡɩɴɥɧɢɬɟɥɧɢɹɞɢɪɟɤɬɨɪɟɫɤɥɸɱɟɧɡɚɫɪɨɤɨɬɩɟɬɝɨɞɢɧɢɫɴɨɛɪɚɡɧɨɦɚɧɞɚɬɚɦɭɜɴɡɧɢɤɧɚɥɜ

ɪɟɡɭɥɬɚɬɧɚɢɡɛɨɪɚɦɭɨɬɈɋȺȼɞɨɝɨɜɨɪɚɡɚɭɩɪɚɜɥɟɧɢɟɟɩɪɟɞɜɢɞɟɧɨɱɟɜɫɹɤɚɨɬɫɬɪɚɧɢɬɟɦɨɠɟɞɚɝɨɩɪɟɤɪɚɬɢ

ɟɞɧɨɫɬɪɚɧɧɨɫɩɨɪɟɞɪɚɡɩɨɪɟɞɛɢɬɟɧɚɛɴɥɝɚɪɫɤɨɬɨɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨɱɪɟɡɩɢɫɦɟɧɨɩɪɟɞɢɡɜɟɫɬɢɟɫɴɫɫɪɨɤɧɟɩɨ±

ɦɚɥɤɨɨɬɟɞɢɧɦɟɫɟɰɡɚȾɪɭɠɟɫɬɜɨɬɨɢɬɪɢɦɟɫɟɰɚɡɚɂɡɩɴɥɧɢɬɟɥɧɢɹɞɢɪɟɤɬɨɪɉɪɟɤɪɚɬɹɜɚɧɟɬɨɧɚɞɨɝɨɜɨɪɚ

ɦɨɠɟɞɚɫɟɢɡɜɴɪɲɢɢɩɨɜɡɚɢɦɧɨɫɴɝɥɚɫɢɟɉɪɟɞɜɢɞɟɧɢɬɟɜɩɨɥɢɬɢɤɚɬɚɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɨɛɟɡɳɟɬɟɧɢɹɜ

ɫɥɭɱɚɣɧɚɩɪɟɞɫɪɨɱɧɨɩɪɟɤɪɚɬɹɜɚɧɟɧɚɞɨɝɨɜɨɪɧɚɱɥɟɧɧɚɭɩɪɚɜɢɬɟɥɧɢɹɨɪɝɚɧɫɚɩɨɫɨɱɟɧɢɜɬɩɨɝɨɪɟɨɬ

ɧɚɫɬɨɹɳɢɹɞɨɤɥɚɞ



 ɉɴɥɧɢɹ ɪɚɡɦɟɪ ɧɚ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨ ɢ ɧɚ ɞɪɭɝɢɬɟ ɦɚɬɟɪɢɚɥɧɢ ɫɬɢɦɭɥɢ ɧɚ ɱɥɟɧɨɜɟɬɟ ɧɚ

ɭɩɪɚɜɢɬɟɥɧɢɬɟɢɤɨɧɬɪɨɥɧɢɬɟɨɪɝɚɧɢɡɚɫɴɨɬɜɟɬɧɚɬɚɮɢɧɚɧɫɨɜɚɝɨɞɢɧɚ



ɉɴɥɧɢɹɬɪɚɡɦɟɪɧɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨɧɚɱɥɟɧɨɜɟɬɟɧɚɫɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɧɚȾɪɭɠɟɫɬɜɨɬɨɡɚɮɢɧɚɧɫɨɜɚɬɚ

ɝɜɴɡɥɢɡɚɧɚɥɟɜɚ



ȻɨɪɢɫɥɚɜȼɢɬɚɧɨɜɉɟɬɤɨɜɉɪɟɞɫɟɞɚɬɟɥɧɚɋȾ ɥɜ

ɊɚɞɨɫɥɚɜɂɥɢɟɜɆɚɧɨɥɨɜɂɡɩɴɥɧɢɬɟɥɟɧɞɢɪɟɤɬɨɪ ɥɜ

ɇɟɧɱɨɂɜɚɧɨɜɉɟɧɟɜɱɥɟɧɧɚɋȾ ɥɜ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ȾɈɄɅȺȾɁȺɉɊɂɅȺȽȺɇȿɉɈɅɂɌɂɄȺɌȺɁȺȼɔɁɇȺȽɊȺɀȾȿɇɂəɌȺ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

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

ɂɧɮɨɪɦɚɰɢɹɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨɧɚɜɫɹɤɨɥɢɰɟɤɨɟɬɨɟɛɢɥɨɱɥɟɧɧɚɭɩɪɚɜɢɬɟɥɟɧɢɥɢɤɨɧɬɪɨɥɟɧ

ɨɪɝɚɧɜɩɭɛɥɢɱɧɨɞɪɭɠɟɫɬɜɨɡɚɨɩɪɟɞɟɥɟɧɩɟɪɢɨɞɩɪɟɡɫɴɨɬɜɟɬɧɚɬɚɮɢɧɚɧɫɨɜɚɝɨɞɢɧɚ

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ɈɬɝɨɞɢɧɚȻɨɪɢɫɥɚɜȼɢɬɚɧɨɜɉɟɬɤɨɜɟɢɡɛɪɚɧɡɚɥɢɤɜɢɞɚɬɨɪɧɚɩɭɛɥɢɱɧɨɞɪɭɠɟɫɬɜɨÄȺɞɜɚɧɫȿɤɭɢɬɢ

ɏɨɥɞɢɧɝ³ȺȾɫȿɂɄɁɚɝɦɭɟɢɡɩɥɚɬɟɧɨɨɬÄȺɞɜɚɧɫȿɤɭɢɬɢɏɨɥɞɢɧɝ³ȺȾ±ɜɥɢɤɜɢɞɚɰɢɹɜ

ɤɚɱɟɫɬɜɨɬɨɦɭɧɚɱɥɟɧɧɚɋȾɫɴɨɬɜɟɬɧɨɥɢɤɜɢɞɚɬɨɪɨɛɳɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟɜɪɚɡɦɟɪɧɚɥɟɜɚ

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ɂɧɮɨɪɦɚɰɢɹɩɨɨɬɧɨɲɟɧɢɟɧɚɚɤɰɢɢɬɟɢɢɥɢɨɩɰɢɢɬɟɜɴɪɯɭɚɤɰɢɢɢɢɥɢɞɪɭɝɢɫɯɟɦɢɡɚɫɬɢɦɭɥɢɪɚɧɟ

ɜɴɡɨɫɧɨɜɚɧɚɚɤɰɢɢ

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Ⱦɪɭɠɟɫɬɜɨɬɨɧɟɩɪɢɥɚɝɚɫɯɟɦɢɡɚɫɬɢɦɭɥɢɪɚɧɟɜɴɡɨɫɧɨɜɚɧɚɚɤɰɢɢ

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 Ƚɨɞɢɲɧɨ ɢɡɦɟɧɟɧɢɟ ɧɚ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨ ɪɟɡɭɥɬɚɬɢɬɟ ɧɚ ɞɪɭɠɟɫɬɜɨɬɨɢɧɚɫɪɟɞɧɢɹɪɚɡɦɟɪɧɚ

ɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɧɚɨɫɧɨɜɚɩɴɥɧɨɪɚɛɨɬɧɨɜɪɟɦɟɧɚɫɥɭɠɢɬɟɥɢɬɟɜɞɪɭɠɟɫɬɜɨɬɨɤɨɢɬɨɧɟɫɚɞɢɪɟɤɬɨɪɢ

ɩɪɟɡ ɩɪɟɞɯɨɞɧɢɬɟ ɩɨɧɟ ɩɟɬ ɮɢɧɚɧɫɨɜɢ ɝɨɞɢɧɢ ɩɪɟɞɫɬɚɜɟɧɢ ɡɚɟɞɧɨ ɩɨ ɧɚɱɢɧ ɤɨɣɬɨ ɞɚ ɩɨɡɜɨɥɹɜɚ

ɫɴɩɨɫɬɚɜɹɧɟ

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ɂɧɮɨɪɦɚɰɢɹɬɚɟɩɪɟɞɫɬɚɜɟɧɚɜɌɚɛɥɢɰɚɤɴɦɩɪɢɥɨɠɟɧɢɟɬɨ

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 ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɭɩɪɚɠɧɹɜɚɧɟ ɧɚ ɜɴɡɦɨɠɧɨɫɬɬɚ ɞɚ ɫɟ ɢɡɢɫɤɚ ɜɪɴɳɚɧɟ ɧɚ ɩɪɨɦɟɧɥɢɜɨɬɨ

ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ

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Ⱦɪɭɠɟɫɬɜɨ ɧɟ ɩɪɟɞɜɢɠɞɚ ɢ ɧɟ ɟ ɢɡɩɥɚɳɚɥɨ ɩɪɨɦɟɧɥɢɜɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟɩɨɪɚɞɢɤɨɟɬɨɢɧɟɟɭɩɪɚɠɧɹɜɚɧɚ

ɜɴɡɦɨɠɧɨɫɬɬɚɞɚɫɟɢɫɤɚɜɪɴɳɚɧɟɧɚɩɥɚɬɟɧɨɬɚɤɨɜɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟɩɪɟɡɫɴɨɬɜɟɬɧɚɬɚɮɢɧɚɧɫɨɜɚɝɨɞɢɧɚ

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 ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɜɫɢɱɤɢ ɨɬɤɥɨɧɟɧɢɹ ɨɬ ɩɪɨɰɟɞɭɪɚɬɚ ɡɚ ɩɪɢɥɚɝɚɧɟɬɨɧɚɩɨɥɢɬɢɤɚɬɚɡɚ

ɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɜɴɜɜɪɴɡɤɚɫɢɡɜɴɧɪɟɞɧɢɨɛɫɬɨɹɬɟɥɫɬɜɚɩɨɱɥɚɥɜɤɥɸɱɢɬɟɥɧɨɪɚɡɹɫɧɟɧɢɟɧɚ

ɟɫɬɟɫɬɜɨɬɨɧɚɢɡɜɴɧɪɟɞɧɢɬɟɨɛɫɬɨɹɬɟɥɫɬɜɚɢɩɨɫɨɱɜɚɧɟɧɚɤɨɧɤɪɟɬɧɢɬɟ ɤɨɦɩɨɧɟɧɬɢ ɤɨɢɬɨ ɧɟ ɫɚ

ɩɪɢɥɨɠɟɧɢ

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ɇɹɦɚɨɬɤɥɨɧɟɧɢɹɨɬɩɪɨɰɟɞɭɪɚɬɚɡɚɩɪɢɥɚɝɚɧɟɬɨɧɚɩɨɥɢɬɢɤɚɬɚɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɜɴɜɜɪɴɡɤɚɫɢɡɜɴɧɪɟɞɧɢ

ɨɛɫɬɨɹɬɟɥɫɬɜɚ

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ɉɪɨɝɪɚɦɚɡɚɩɪɢɥɚɝɚɧɟɧɚɩɨɥɢɬɢɤɚɬɚɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɡɚɫɥɟɞɜɚɳɚɬɚɮɢɧɚɧɫɨɜɚɝɨɞɢɧɚ

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ɇɚɫɬɨɹɳɚɬɚɩɨɥɢɬɢɤɚɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɧɚȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɟɪɚɡɪɚɛɨɬɟɧɚɧɚɨɫɧɨɜɚɧɢɟɇɚɪɟɞɛɚ

ʋɨɬɝɡɚɢɡɢɫɤɜɚɧɢɹɬɚɤɴɦɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɢɡɦɟɧɟɧɚɢɞɨɩɴɥɧɟɧɚɫȾȼɛɪɨɬ

ɝɧɚɄɨɦɢɫɢɹɬɚɡɚɮɢɧɚɧɫɨɜɧɚɞɡɨɪɢɟɩɪɢɟɬɚɧɚɡɚɫɟɞɚɧɢɟɧɚɈɛɳɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟɩɪɨɜɟɞɟɧɨɧɚ

 ɝ ɋ  ɨɝɥɟɞ ɩɪɢɥɚɝɚɧɟɬɨ ɣ ɜ ɞɴɥɝɨɫɪɨɱɟɧ ɩɥɚɧ ɜ ɫɴɨɬɜɟɬɫɬɜɢɟ ɫɴɫ ɫɬɪɚɬɟɝɢɹɬɚ ɡɚ ɭɩɪɚɜɥɟɧɢɟ ɢ

ɪɚɡɜɢɬɢɟɧɚȾɪɭɠɟɫɬɜɨɬɨɋɴɜɟɬɴɬɧɚɞɢɪɟɤɬɨɪɢɬɟɫɱɢɬɚɱɟɡɚɥɨɠɟɧɢɬɟɤɪɢɬɟɪɢɢɫɚɨɛɟɤɬɢɜɧɢɚɞɨɫɟɝɚɲɧɚɬɚ

ɩɪɚɤɬɢɤɚɡɚɨɩɪɟɞɟɥɹɧɟɢɢɡɩɥɚɳɚɧɟɧɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɧɚɱɥɟɧɨɜɟɬɟɧɚɭɩɪɚɜɢɬɟɥɧɢɹɨɪɝɚɧɟɚɞɟɤɜɚɬɧɚɢ

ɫɴɨɬɜɟɬɫɬɜɚɧɚɩɨɫɬɢɝɧɚɬɢɬɟɮɢɧɚɧɫɨɜɢɪɟɡɭɥɬɚɬɢɋɨɝɥɟɞɧɚɬɨɜɚɩɨɥɢɬɢɤɚɬɚɡɚɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɳɟɛɴɞɟ

ɩɪɢɥɚɝɚɧɚɢɩɪɟɡɫɥɟɞɜɚɳɚɬɚɮɢɧɚɧɫɨɜɚɝɨɞɢɧɚ



ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜ

ɂɡɩɴɥɧɢɬɟɥɟɧȾɢɪɟɤɬɨɪ

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

ɦɚɪɬɝ

Radoslav

Iliev

Manolov

Digitally signed by

Radoslav Iliev

Manolov

Date: 2023.03.28

10:26:33 +03'00'

ɉɪɢɥɨɠɟɧɢɟ ɤɴɦ Ⱦɨɤɥɚɞ ɡɚ ɩɪɢɥɚɝɚɧɟ ɧɚ ɩɨɥɢɬɢɤɚɬɚ ɡɚ ɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚ ɧɚ ɱɥɟɧɨɜɟɬɟ ɧɚ ɋɴɜɟɬɚ ɧɚ ɞɢɪɟɤɬɨɪɢɬɟ ɧɚ

Ⱥɞɜɚɧɫ Ɍɟɪɚɮɨɧɞ ȺȾɋɂɐ ɡɚ 2022 ɝɨɞ.

Ɍɚɛɥɢɰɚ 1 : Ƚɨɞɢɲɧɨ ɢɡɦɟɧɟɧɢɟ ɧɚ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨ, ɪɟɡɭɥɬɚɬɢɬɟ ɧɚ ɞɪɭɠɟɫɬɜɨɬɨ ɢ ɧɚ ɫɪɟɞɧɢɹ ɪɚɡɦɟɪ ɧɚ ɜɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚ

ɧɚ ɨɫɧɨɜɚ ɧɚ ɩɴɥɧɨ ɪɚɛɨɬɧɨ ɜɪɟɦɟ ɧɚ ɫɥɭɠɢɬɟɥɢɬɟ ɜ ɞɪɭɠɟɫɬɜɨɬɨ, ɤɨɢɬɨ ɧɟ ɫɚ ɞɢɪɟɤɬɨɪɢɬɟ ɩɪɟɡ ɩɪɟɞɯɨɞɧɢɬɟ ɩɨɧɟ ɩɟɬ

ɮɢɧɚɧɫɨɜɢ ɝɨɞɢɧɢ, ɩɪɟɞɫɬɚɜɟɧɢ ɡɚɟɞɧɨ ɩɨ ɧɚɱɢɧ, ɤɨɣɬɨ ɞɚ ɩɨɡɜɨɥɹɜɚ ɫɴɩɨɫɬɚɜɹɧɟ.

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     

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 

ɋɪɟɞɟɧ ɪɚɡɦɟɪ ɧɚ

ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɧɚ ɱɥɟɧ ɧɚ

ɋȾɡɚɝɨɞɢɧɚ

          



 

Ɋɟɡɭɥɬɚɬɢ ɧɚ ɞɪɭɠɟɫɬɜɨɬɨ ±

ɩɟɱɚɥɛɚ



       

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 

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

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 

Ȼɪɭɬɧɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɧɚ

ɨɫɧɨɜɚ ɧɚ ɩɴɥɧɨ ɪɚɛɨɬɧɨ

ɜɪɟɦɟ ɧɚ ɫɥɭɠɢɬɟɥɢ ɜ

ɞɪɭɠɟɫɬɜɨɬɨ ɤɨɢɬɨ ɧɟ ɫɚ

ɞɢɪɟɤɬɨɪɢɡɚɝɨɞɢɧɚ

          



 

ɋɪɟɞɟɧ ɪɚɡɦɟɪ ɧɚ

ɜɴɡɧɚɝɪɚɠɞɟɧɢɟɧɚɨɫɧɨɜɚɧɚ

ɩɴɥɧɨ ɪɚɛɨɬɧɨ ɜɪɟɦɟ ɧɚ

ɫɥɭɠɢɬɟɥɢ ɜ ɞɪɭɠɟɫɬɜɨɬɨ

ɤɨɢɬɨ ɧɟ ɫɚ ɞɢɪɟɤɬɨɪɢ ɡɚ

ɝɨɞɢɧɚ

          

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 

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɈɌɑȿɌɁȺȼɋȿɈȻɏȼȺɌɇɂəȾɈɏɈȾ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

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

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Ȼɟɥɟɠɤɢ   

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ɢɥ. ɥɜ.



 

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ɉɪɢɯɨɞɢ 

 



ɉɟɱɚɥɛɚɨɬɩɨɫɥɟɞɜɚɳɚɨɰɟɧɤɚɧɚɢɦɨɬɢɧɟɬɧɨ     



 

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ɉɪɢɯɨɞɢɨɬɩɪɨɞɚɠɛɢɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ    



Ȼɚɥɚɧɫɨɜɚɫɬɨɣɧɨɫɬɧɚɩɪɨɞɚɞɟɧɢɬɟɢɦɨɬɢ     

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ɉɟɱɚɥɛɚɨɬɩɪɨɞɚɠɛɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ   



 

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ɉɪɢɯɨɞɢɨɬɚɪɟɧɞɚɢɧɚɟɦɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ    



ɉɪɢɯɨɞɢɨɬɥɢɯɜɢ    

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Ⱦɪ

ɝɢɩɪɢɯɨɞɢ    



Ɉɛɳɨɩɪɢɯɨɞɢ   

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 

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 

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Ɋɚɡɯɨɞɢ 



Ɋɚɡɯɨɞɢɡɚɜɴɧɲɧɢ

ɫɥ

ɝɢ    



Ɋɚɡɯɨɞɢɫɜɴɪɡɚɧɢɫɩɟɪɫɨɧɚɥɚ   



Ɂɚɝ

ɛɢɨɬɨɛɟɡɰɟɧɤɚɧɚɜɡɟɦɚɧɢɹ    



Ɏɢɧɚɧɫɨɜɢɪɚɡɯɨɞɢ   



Ⱦɪ

ɝɢɪɚɡɯɨɞɢ    

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Ɉɛɳɨɪɚɡɯɨɞɢ   



ɉɟɱɚɥɛɚɡɚɝɨɞɢɧɚɬɚ     



Ⱦɪ

ɝɜɫɟɨɛɯɜɚɬɟɧɞɨɯɨɞɡɚɝɨɞɢɧɚɬɚ   



Ɉɛɳɨɜɫɟɨɛɯɜɚɬɟɧɞɨɯɨɞɡɚɝɨɞɢɧɚɬɚ   



ɇɟɬɧɚɩɟɱɚɥɛɚɧɚɚɤɰɢɹɥɟɜɚ    

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BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜɃɨɚɧɚȽɟɨɪɝɢɟɜɚ

ɂɡɩɴɥɧɢɬɟɥɟɧɞɢɪɟɤɬɨɪɋɴɫɬɚɜɢɬɟɥ

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Ɏɢɧɚɧɫɨɜɢɹɬɨɬɱɟɬɟɨɞɨɛɪɟɧɡɚɢɡɞɚɜɚɧɟɫɪɟɲɟɧɢɟɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɨɬɦɚɪɬɝ



ɉɨɹɫɧɢɬɟɥɧɢɬɟɛɟɥɟɠɤɢɨɬɫɬɪɚɧɢɰɚɞɨɫɬɪɚɧɢɰɚɫɚɧɟɪɚɡɞɟɥɧɚɱɚɫɬɨɬɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬ



ɎɢɧɚɧɫɨɜɨɬɱɟɬɜɴɪɯɭɤɨɣɬɨɨɞɢɬɨɪɫɤɨɞɪɭɠɟɫɬɜɨÄɔɪɧɫɬɢəɧɝɈɞɢɬ³ɈɈȾɫɪɟɝɢɫɬɪɚɰɢɨɧɟɧɧɨɦɟɪɟ

ɢɡɞɚɥɨɨɞɢɬɨɪɫɤɢɞɨɤɥɚɞɫɞɚɬɚɦɚɪɬɝɫɪɟɝɢɫɬɪɢɪɚɧɨɞɢɬɨɪɨɬɝɨɜɨɪɟɧɡɚɨɞɢɬɚȾɚɧɚɢɥȽɟɰɟɜ

Yoana

svetanova

Georgieva

Digitally signed by

Yoana Tsvetanova

Georgieva

Date: 2023.03.28

10:20:43 +03'00'

Radoslav

Iliev

Manolov

Digitally signed

by Radoslav Iliev

Manolov

Date: 2023.03.28

10:27:04 +03'00'

DANAIL

LYUBENOV GECEV

Digitally signed by DANAIL

LYUBENOV GECEV

Date: 2023.03.28 16:12:01

+03'00'

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɈɌɑȿɌɁȺɎɂɇȺɇɋɈȼɈɌɈɋɔɋɌɈəɇɂȿ

Ʉɴɦɞɟɤɟɦɜɪɢɝ





 Ȼɟɥɟɠɤɢ   



ɢɥ. ɥɜ.

ɢɥ. ɥɜ

ȺɄɌɂȼɂ

Ⱦɴɥɝɨɬɪɚɣɧɢɚɤɬɢɜɢ

ɂɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ   



ȼɡɟɦɚɧɢɹɨɬɩɪɨɞɚɠɛɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ   

   

 

Ʉɪɚɬɤɨɬɪɚɣɧɢɚɤɬɢɜɢ 

Ɍɴɪɝɨɜɫɤɢɢɞɪ

ɝɢɜɡɟɦɚɧɢɹ   

ȼɡɟɦɚɧɢɹɨɬɩɪɨɞɚɠɛɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ   

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɢɩɚɪɢɱɧɢɟɤɜɢɜɚɥɟɧɬɢ   

  

 

ɂɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚ   



ɈȻɓɈȺɄɌɂȼɂ   



ɋɈȻɋɌȼȿɇɄȺɉɂɌȺɅɂɉȺɋɂȼɂ 

ɋɨɛɫɬɜɟɧɤɚɩɢɬɚɥ 

Ɉɫɧɨɜɟɧɤɚɩɢɬɚɥ   

ɉɪɟɦɢɢɨɬɟɦɢɫɢɹ   

Ⱦɪ

ɝɢɪɟɡɟɪɜɢ   

ɇɟɪɚɡɩɪɟɞɟɥɟɧɚɩɟɱɚɥɛɚ  

Ɉɛɳɨɫɨɛɫɬɜɟɧɤɚɩɢɬɚɥ  





Ʉɪɚɬɤɨɫɪɨɱɧɢɩɚɫɢɜɢ

Ɍɴɪɝɨɜɫɤɢɢɞɪ

ɝɢɡɚɞɴɥɠɟɧɢɹ   

Ɂɚɞɴɥɠɟɧɢɹɡɚɞɢɜɢɞɟɧɬɢ   

ɉɪɨɜɢɡɢɢ   

  

Ɉɛɳɨɩɚɫɢɜɢ   



ɈȻɓɈɋɈȻɋɌȼȿɇɄȺɉɂɌȺɅɂɉȺɋɂȼɂ   

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ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜ    ɃɨɚɧɚȽɟɨɪɝɢɟɜɚ

ɂɡɩɴɥɧɢɬɟɥɟɧɞɢɪɟɤɬɨɪɋɴɫɬɚɜɢɬɟɥ

ɉɨɹɫɧɢɬɟɥɧɢɬɟɛɟɥɟɠɤɢɨɬɫɬɪɚɧɢɰɚɞɨɫɬɪɚɧɢɰɚɫɚɧɟɪɚɡɞɟɥɧɚɱɚɫɬɨɬɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬ

ɢɡɞɚɥɨɨɞɢɬɨɪɫɤɢɞɨɤɥɚɞɫɞɚɬɚɦɚɪɬɝɫɪɟɝɢɫɬɪɢɪɚɧɨɞɢɬɨɪɨɬɝɨɜɨɪɟɧɡɚɨɞɢɬɚȾɚɧɚɢɥȽɟɰɟɜ

Yoana

svetanova

Georgieva

Digitally signed by

Yoana Tsvetanova

Georgieva

Date: 2023.03.28

10:21:05 +03'00'

Radoslav

Iliev

Manolov

Digitally signed

by Radoslav Iliev

Manolov

Date: 2023.03.28

10:27:31 +03'00'

DANAIL

LYUBENOV GECEV

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ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɈɌɑȿɌɁȺɉɊɈɆȿɇɂɌȿȼɋɈȻɋɌȼȿɇɂəɄȺɉɂɌȺɅ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

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Ɉɫɧɨɜɟɧ

ɤɚɩɢɬɚɥ

Ȼɟɥɟɠɤɚ

ɉɪɟɦɢɢɨɬ

ɟɦɢɫɢɢ

Ȼɟɥɟɠɤɚ

Ⱦɪɭɝɢɪɟɡɟɪɜɢ

Ȼɟɥɟɠɤɚ

ɇɟɪɚɡɩɪɟɞɟɥɟɧɚ

ɩɟɱɚɥɛɚ Ɉɛɳɨ



ɢɥ. ɥɜ.

ɇɚɹɧɭɚɪɢɝ     



ɉɟɱɚɥɛɚɡɚɝ     

Ⱦɪ

ɝɜɫɟɨɛɯɜɚɬɟɧɞɨɯɨɞ     

Ɉɛɳɨɜɫɟɨɛɯɜɚɬɟɧɞɨɯɨɞ     



Ɉɩɟɪɚɰɢɢɫɴɫɫɨɛɫɬɜɟɧɢɰɢɬɟ

ȾɢɜɢɞɟɧɬȻɟɥɟɠɤɚ     



Ⱦɢɜɢɞɟɧɬɢɫɢɡɬɟɤɴɥɞɚɜɧɨɫɬɟɧ

ɫɪɨɤȻɟɥɟɠɤɚ     

ɇɚɞɟɤɟɦɜɪɢɝ     





 

ɇɚɹɧ

ɚɪɢɝ     

ɉɟɱɚɥɛɚɡɚɝ     

Ⱦɪ

ɝɜɫɟɨɛɯɜɚɬɟɧɞɨɯɨɞ     

Ɉɛɳɨɜɫɟɨɛɯɜɚɬɟɧɞɨɯɨɞ     

Ɉɩɟɪɚɰɢɢɫɴɫɫɨɛɫɬɜɟɧɢɰɢɬɟ

ȾɢɜɢɞɟɧɬȻɟɥɟɠɤɚ     

Ⱦɢɜɢɞɟɧɬɢɫɢɡɬɟɤɴɥɞɚɜɧɨɫɬɟɧ

ɫɪɨɤȻɟɥɟɠɤɚ     

ɇɚɞɟɤɟɦɜɪɢɝ     

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ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜ ɃɨɚɧɚȽɟɨɪɝɢɟɜɚ

ɂɡɩɴɥɧɢɬɟɥɟɧɞɢɪɟɤɬɨɪ ɋɴɫɬɚɜɢɬɟɥ



ɉɨɹɫɧɢɬɟɥɧɢɬɟɛɟɥɟɠɤɢɨɬɫɬɪɚɧɢɰɚɞɨɫɬɪɚɧɢɰɚɫɚɧɟɪɚɡɞɟɥɧɚɱɚɫɬɨɬɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬ



Yoana

svetanova

Georgieva

Digitally signed by

Yoana Tsvetanova

Georgieva

Date: 2023.03.28

10:21:25 +03'00'

Radoslav

Iliev

Manolov

Digitally signed

by Radoslav Iliev

Manolov

Date: 2023.03.28

10:27:58 +03'00'

DANAIL

LYUBENOV GECEV

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LYUBENOV GECEV

Date: 2023.03.28 16:13:03

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ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɈɌɑȿɌɁȺɉȺɊɂɑɇɂɌȿɉɈɌɈɐɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ





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

Ȼɟɥɟɠɤɚ



ɢɥ. ɥɜ. 

ɢɥ. ɥɜ.

 

 

ɉȺɊɂɑɇɂɉɈɌɈɐɂɈɌɈɉȿɊȺɌɂȼɇȺȾȿɃɇɈɋɌ 

ɉɨɤ

ɩɤɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ   

ɉɚɪɢɱɧɢɩɨɬɨɰɢɫɜɴɪɡɚɧɢɫɬɴɪɝɨɜɫɤɢɤɨɧɬɪɚɝɟɧɬɢ   

ɉɚɪɢɱɧɢɩɨɬɨɰɢɫɜɴɪɡɚɧɢɫɜɴɡɧɚɝɪɚɠɞɟɧɢɟɧɚ

ɨɛɫɥ

ɠɜɚɳɨɬɨɞɪ

ɠɟɫɬɜɨ    

ɉɨɫɬɴɩɥɟɧɢɹɨɬɧɚɟɦɢɢɩɪɨɞɚɠɛɢɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ

ɜɤɥɸɱɢɬɟɥɧɨɨɛɟɡɳɟɬɟɧɢɹ   

ɉɥɚɳɚɧɢɹɫɜɴɪɡɚɧɢɫɬɪ

ɞɨɜɢɜɴɡɧɚɝɪɚɠɞɟɧɢɹ   

ɉɨɥ

ɱɟɧɢɥɢɯɜɢɩɨɛɚɧɤɨɜɢɫɦɟɬɤɢɢɞɟɩɨɡɢɬɢ   

Ⱦɪ

ɝɢɩɚɪɢɱɧɢɩɨɬɨɰɢɡɚɨɫɧɨɜɧɚɞɟɣɧɨɫɬ   

ɇɟɬɧɢɩɚɪɢɱɧɢɩɨɬɨɰɢɨɬɨɩɟɪɚɬɢɜɧɚɞɟɣɧɨɫɬ    

 

ɉȺɊɂɑɇɂɉɈɌɈɐɂɈɌɎɂɇȺɇɋɈȼȺȾȿɃɇɈɋɌ   

ɉɚɪɢɱɧɢɩɨɬɨɰɢɫɜɴɪɡɚɧɢɫɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬɢ    

Ⱦɪ

ɝɢɩɚɪɢɱɧɢɩɨɬɨɰɢɡɚɮɢɧɚɧɫɨɜɚɞɟɣɧɨɫɬ   

ɇɟɬɧɢ ɩɚɪɢɱɧɢ ɩɨɬɨɰɢ ɢɡɩɨɥɡɜɚɧɢ ɜɴɜ ɮɢɧɚɧɫɨɜɚ

ɞɟɣɧɨɫɬ    

 

ɂɡɦɟɧɟɧɢɟɧɚɩɚɪɢɱɧɢɬɟɫɪɟɞɫɬɜɚɢɟɤɜɢɜɚɥɟɧɬɢ   

 

ɉɚɪɢɱɧɢ ɫɪɟɞɫɬɜɚ ɢ ɩɚɪɢɱɧɢ ɟɤɜɢɜɚɥɟɧɬɢ ɜ ɧɚɱɚɥɨɬɨ ɧɚ

ɩɟɪɢɨɞɚ



  

 

ɉȺɊɂɑɇɂɋɊȿȾɋɌȼȺɂɉȺɊɂɑɇɂȿɄȼɂȼȺɅȿɇɌɂȼ

ɄɊȺəɇȺɉȿɊɂɈȾȺ



  

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 

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ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜɃɨɚɧɚȽɟɨɪɝɢɟɜɚ

ɂɡɩɴɥɧɢɬɟɥɟɧɞɢɪɟɤɬɨɪɋɴɫɬɚɜɢɬɟɥ



ɉɨɹɫɧɢɬɟɥɧɢɬɟɛɟɥɟɠɤɢɨɬɫɬɪɚɧɢɰɚɞɨɫɬɪɚɧɢɰɚɫɚɧɟɪɚɡɞɟɥɧɚɱɚɫɬɨɬɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬ



Yoana

svetanova

Georgieva

Digitally signed by

Yoana Tsvetanova

Georgieva

Date: 2023.03.28

10:21:46 +03'00'

Radoslav

Iliev

Manolov

Digitally signed

by Radoslav Iliev

Manolov

Date: 2023.03.28

10:28:27 +03'00'

DANAIL

LYUBENOV GECEV

Digitally signed by DANAIL

LYUBENOV GECEV

Date: 2023.03.28 16:13:33

+03'00'

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ





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Ʉɨɪɩɨɪɚɬɢɜɧɚɢɧɮɨɪɦɚɰɢɹ

ɎɢɧɚɧɫɨɜɢɹɬɨɬɱɟɬɧɚȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɡɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝɟɨɞɨɛɪɟɧɡɚ

ɢɡɞɚɜɚɧɟɫɴɝɥɚɫɧɨɪɟɲɟɧɢɟɧɚɋɴɜɟɬɚɧɚȾɢɪɟɤɬɨɪɢɬɟɨɬɦɚɪɬɝ

Ⱥɞɜɚɧɫ Ɍɟɪɚɮɨɧɞ ȺȾɋɂɐ ÄȾɪɭɠɟɫɬɜɨɬɨ³ ɟ ɩɭɛɥɢɱɧɨ ɚɤɰɢɨɧɟɪɧɨ ɞɪɭɠɟɫɬɜɨ ɫɴɡɞɚɞɟɧɨ ɧɚ ɍɱɪɟɞɢɬɟɥɧɨ

ɫɴɛɪɚɧɢɟɨɬɚɩɪɢɥɝɫɩɴɪɜɨɧɚɱɚɥɟɧɤɚɩɢɬɚɥɜɪɚɡɦɟɪɧɚɯɢɥɥɜɪɚɡɩɪɟɞɟɥɟɧɜɚɤɰɢɢɫ

ɧɨɦɢɧɚɥɥɟɜɜɫɹɤɚȾɪɭɠɟɫɬɜɨɬɨɟɩɪɟɪɟɝɢɫɬɪɢɪɚɧɨɜɌɴɪɝɨɜɫɤɢɹɪɟɝɢɫɬɴɪɧɚȺɝɟɧɰɢɹɬɚɩɨɜɩɢɫɜɚɧɢɹɬɚɩɨɞ

ȿɂɄ  ɋɟɞɚɥɢɳɟɬɨ ɢ ɚɞɪɟɫɴɬ ɧɚ ɭɩɪɚɜɥɟɧɢɟ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɝɪɚɞ ɋɨɮɢɹ ɭɥ Ɂɥɚɬɨɜɪɴɯ ʋ 

ɎɢɧɚɧɫɨɜɚɬɚɝɨɞɢɧɚɧɚȾɪɭɠɟɫɬɜɨɬɨɩɪɢɤɥɸɱɜɚɧɚɞɟɤɟɦɜɪɢ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɫ ɩɪɟɞɦɟɬ ɧɚ ɞɟɣɧɨɫɬ ɢɧɜɟɫɬɢɪɚɧɟɧɚ ɩɚɪɢɱɧɢ ɫɪɟɞɫɬɜɚ ɧɚɛɪɚɧɢɱɪɟɡ ɩɭɛɥɢɱɧɨ ɩɪɟɞɥɚɝɚɧɟ ɧɚ

ɫɨɛɫɬɜɟɧɢɚɤɰɢɢɜɧɟɞɜɢɠɢɦɢɢɦɨɬɢɩɨɫɪɟɞɫɬɜɨɦɩɨɤɭɩɤɚɧɚɩɪɚɜɨɧɚɫɨɛɫɬɜɟɧɨɫɬɢɞɪɭɝɢɜɟɳɧɢɩɪɚɜɚɜɴɪɯɭ

ɧɟɞɜɢɠɢɦɢɢɦɨɬɢɢɢɡɜɴɪɲɜɚɧɟɧɚɫɬɪɨɟɠɢɢɩɨɞɨɛɪɟɧɢɹɜɬɹɯɫɰɟɥɩɪɟɞɨɫɬɚɜɹɧɟɬɨɢɦɡɚɭɩɪɚɜɥɟɧɢɟɨɬɞɚɜɚɧɟ

ɩɨɞɧɚɟɦɥɢɡɢɧɝɢɢɥɢɩɪɨɞɚɠɛɚɬɚɢɦ

ɋɩɟɰɢɚɥɧɨɬɨɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨɤɚɫɚɟɳɨɞɟɣɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɫɟɫɴɞɴɪɠɚɢɩɪɨɢɡɬɢɱɚɨɫɧɨɜɧɨɨɬɁɚɤɨɧɚɡɚ

ɞɪɭɠɟɫɬɜɚɬɚ ɫɴɫ ɫɩɟɰɢɚɥɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɚ ɰɟɥ ɢ ɡɚ ɞɪɭɠɟɫɬɜɚɬɚ ɡɚ ɫɟɤɸɪɢɬɢɡɚɰɢɹ ɁȾɋɂɐȾɋ ɢ Ɂɚɤɨɧɚ ɡɚ

ɩɭɛɥɢɱɧɨɩɪɟɞɥɚɝɚɧɟɧɚɰɟɧɧɢɤɧɢɠɚɁɉɉɐɄȼɴɡɨɫɧɨɜɚɧɚɬɹɯȾɪɭɠɟɫɬɜɨɬɨɩɨɞɥɟɠɢɧɚɪɟɝɭɥɚɰɢɹɨɬɫɬɪɚɧɚ

ɧɚɄɨɦɢɫɢɹɬɚɡɚɮɢɧɚɧɫɨɜ ɧɚɞɡɨɪɄɎɇȾɪɭɠɟɫɬɜɨɬɨɟɩɨɥɭɱɢɥɨɥɢɰɟɧɡʋ Ⱦɋɂɐɢɡɞɚɞɟɧɧɚ

ɨɫɧɨɜɚɧɢɟɧɚɊɟɲɟɧɢɟʋȾɋɂɐɨɬɸɥɢɝɧɚɄɨɦɢɫɢɹɬɚɡɚɮɢɧɚɧɫɨɜɧɚɞɡɨɪ

ȾɪɭɠɟɫɬɜɨɬɨɟɭɱɪɟɞɟɧɨɡɚɧɟɨɩɪɟɞɟɥɟɧɫɪɨɤȾɪɭɠɟɫɬɜɨɬɨɢɦɚɟɞɧɨɫɬɟɩɟɧɧɚɫɢɫɬɟɦɚɧɚɭɩɪɚɜɥɟɧɢɟɋɴɜɟɬɴɬɧɚ

ɞɢɪɟɤɬɨɪɢɬɟɋȾɧɚȾɪɭɠɟɫɬɜɨɬɨɟɜɫɴɫɬɚɜɤɚɤɬɨɫɥɟɞɜɚɊɚɞɨɫɥɚɜɂɥɢɟɜɆɚɧɨɥɨɜɂɡɩɴɥɧɢɬɟɥɟɧɞɢɪɟɤɬɨɪ

ȻɨɪɢɫɥɚɜȼɢɬɚɧɨɜɉɟɬɤɨɜɉɪɟɞɫɟɞɚɬɟɥɧɚɋȾɢɇɟɧɱɨɂɜɚɧɨɜɉɟɧɟɜɑɥɟɧɧɚɋȾɅɢɰɚɬɚɧɚɬɨɜɚɪɟɧɢɫɨɛɳɨ

ɭɩɪɚɜɥɟɧɢɟɫɚɩɪɟɞɫɬɚɜɟɧɢɨɬɈɞɢɬɧɢɹɤɨɦɢɬɟɬɧɚȾɪɭɠɟɫɬɜɨɬɨɜɫɴɫɬɚɜɤɚɤɬɨɫɥɟɞɜɚɄɚɦɟɧɉɟɬɪɨɜɄɚɦɟɧɨɜ±

ɉɪɟɞɫɟɞɚɬɟɥ ɧɚ Ɉɞɢɬɧɢɹ ɤɨɦɢɬɟɬ ɀɟɱɤɨ Ⱦɢɦɢɬɪɨɜ ɉɟɬɪɨɜ ± ɑɥɟɧ ɧɚ Ɉɞɢɬɧɢɹ ɤɨɦɢɬɟɬ ɢ ɋɬɚɧɢɦɢɪ ɉɟɬɪɨɜ

Ʉɚɱɭɥɟɜ±ɑɥɟɧɧɚɈɞɢɬɧɢɹɤɨɦɢɬɟɬ

ɌɟɪɚɮɨɧɞȺȾɋɂɐɤɨɟɬɨɤɴɦɞɟɤɟɦɜɪɢɝɟɚɤɰɢɨɧɟɪɫɨɬɤɚɩɢɬɚɥɚɧɚȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐ

ɢ ɩɪɟɞɨɫɬɚɜɹ ɤɨɧɫɭɥɬɚɧɬɫɤɢ ɢ ɞɪɭɝɢ ɭɫɥɭɝɢ ɤɚɬɨ ɚɞɦɢɧɢɫɬɪɚɬɢɜɧɢ ɫɱɟɬɨɜɨɞɧɢɭɫɥɭɝɢɢ ɭɫɥɭɝɢ ɩɨ ɩɨɞɛɨɪ ɧɚ

ɩɟɪɫɨɧɚɥɚ

ɋɥɟɞɭɱɪɟɞɹɜɚɧɟɬɨɧɚȾɪɭɠɟɫɬɜɨɬɨɩɪɟɡɝɫɚɢɡɜɴɪɲɟɧɢɩɟɬɩɨɫɥɟɞɜɚɳɢɭɜɟɥɢɱɟɧɢɹɧɚɤɚɩɢɬɚɥɚɤɚɬɨɤɴɦ

ɞɟɤɟɦɜɪɢɝɬɨɣɟɜɪɚɡɦɟɪɧɚɥɟɜɚȻɟɥɟɠɤɚ

Ȼɚɡɚɡɚɢɡɝɨɬɜɹɧɟ

Ɏɢɧɚɧɫɨɜɢɹɬɨɬɱɟɬɟɢɡɝɨɬɜɟɧɧɚɛɚɡɚɢɫɬɨɪɢɱɟɫɤɚɰɟɧɚɫɢɡɤɥɸɱɟɧɢɟɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢɜɤɥɸɱɢɬɟɥɧɨ

ɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚɤɨɢɬɨɫɟɨɰɟɧɹɜɚɬɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ

Ⱦɪɭɠɟɫɬɜɨɬɨɟɢɡɝɨɬɜɢɥɨɫɜɨɹɮɢɧɚɧɫɨɜɨɬɱɟɬɡɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝɜɴɡɨɫɧɨɜɚɧɚ

ɩɪɟɞɩɨɥɨɠɟɧɢɟɬɨ ɱɟ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɞɟɣɫɬɜɚɳɨ ɩɪɟɞɩɪɢɹɬɢɟ ɤɨɟɬɨ ɩɪɟɞɩɨɥɚɝɚ ɩɪɨɞɴɥɠɚɜɚɧɟ ɧɚ ɧɚɫɬɨɹɳɚɬɚ

ɫɬɨɩɚɧɫɤɚ ɞɟɣɧɨɫɬ ɢ ɪɟɚɥɢɡɢɪɚɧɟ ɧɚ ɚɤɬɢɜɢɬɟ ɢ ɭɪɟɠɞɚɧɟ ɧɚ ɩɚɫɢɜɢɬɟ ɜ ɧɨɪɦɚɥɧɢɹ ɯɨɞ ɧɚ ɧɟɝɨɜɚɬɚ ɞɟɣɧɨɫɬ

Ȼɴɞɟɳɢɬɟ ɮɢɧɚɧɫɨɜɢ ɪɟɡɭɥɬɚɬɢ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɡɚɜɢɫɹɬ ɨɬ ɩɨɲɢɪɨɤɚɬɚ ɢɤɨɧɨɦɢɱɟɫɤɚ ɫɪɟɞɚ ɜ ɤɨɹɬɨ ɬɨ

ɨɫɴɳɟɫɬɜɹɜɚ ɞɟɣɧɨɫɬɬɚ ɫɢ Ɏɚɤɬɨɪɢɬɟ ɤɨɢɬɨ ɩɨɤɨɧɤɪɟɬɧɨ ɡɚɫɹɝɚɬ ɪɟɡɭɥɬɚɬɢɬɟ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɜɤɥɸɱɜɚɬ

ɤɨɧɸɧɤɬɭɪɚɬɚɧɚɩɚɡɚɪɚɧɚɡɟɦɟɞɟɥɫɤɚɡɟɦɹɥɢɤɜɢɞɧɨɫɬɬɚɧɚɢɧɜɟɫɬɢɰɢɢɬɟɡɚɟɬɨɫɬɬɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢ

ɤɚɤɬɨɢɩɪɨɦɟɧɢɬɟɧɚɞɟɣɫɬɜɚɳɨɬɨɡɚɤɨɧɨɞɚɬɟɥɫɬɜɨɪɟɝɭɥɢɪɚɳɨɨɬɧɨɲɟɧɢɹɬɚɜɫɟɤɬɨɪɡɟɦɟɞɟɥɢɟȾɪɭɠɟɫɬɜɨɬɨɟ

ɩɪɟɰɟɧɢɥɨ ɱɟ ɧɚ ɬɨɡɢ ɟɬɚɩ ɢɤɨɧɨɦɢɱɟɫɤɢɬɟ ɫɚɧɤɰɢɢ ɢ ɦɚɤɪɨɢɤɨɧɨɦɢɱɟɫɤɢɬɟ ɟɮɟɤɬɢ ɜ Ȼɴɥɝɚɪɢɹ ɢ ɜ ȿɜɪɨɩɚ

ɜɫɥɟɞɫɬɜɢɟɧɚɜɨɟɧɧɢɹɤɨɧɮɥɢɤɬɦɟɠɞɭɊɭɫɢɹɢɍɤɪɚɣɧɚɧɟɨɤɚɡɜɚɬɜɥɢɹɧɢɟɜɴɪɯɭɫɩɨɫɨɛɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨ

ɞɚɩɪɨɞɴɥɠɢɞɚɫɴɳɟɫɬɜɭɜɚɤɚɬɨɞɟɣɫɬɜɚɳɨɩɪɟɞɩɪɢɹɬɢɟȾɪɭɠɟɫɬɜɨɬɨɪɚɡɩɨɥɚɝɚɫɴɫɡɧɚɱɢɬɟɥɧɢɩɚɪɢɱɧɢɫɪɟɞɫɬɜɚ

ɜɛɚɧɤɢɫɞɨɛɴɪɤɪɟɞɢɬɟɧɪɟɣɬɢɧɝɜɪɚɡɦɟɪɧɚɯɢɥɥɜɤɨɢɬɨɫɚɞɨɫɬɚɬɴɱɧɢɞɚɩɨɤɪɢɹɬɢɡɰɹɥɨɬɟɤɭɳɢɬɟ

ɩɚɫɢɜɢɧɚȾɪɭɠɟɫɬɜɨɬɨɤɴɦɞɟɤɟɦɜɪɢɝɜɴɡɥɢɡɚɳɢɧɚɯɢɥɥɜ

ɇɚ ɛɚɡɚ ɧɚ ɧɚɩɪɚɜɟɧ ɚɧɚɥɢɡ ɧɚ ɫɩɨɫɨɛɧɨɫɬɬɚ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɞɚ ɩɪɨɞɴɥɠɢ ɞɚ ɫɴɳɟɫɬɜɭɜɚ ɤɚɬɨ ɞɟɣɫɬɜɚɳɨ

ɩɪɟɞɩɪɢɹɬɢɟ ɪɴɤɨɜɨɞɫɬɜɨɬɨ ɧɟ ɟ ɢɞɟɧɬɢɮɢɰɢɪɚɥɨ ɢɧɞɢɤɚɬɨɪɢ ɮɚɤɬɢ ɢɥɢ ɨɛɫɬɨɹɬɟɥɫɬɜɚ ɤɨɢɬɨ ɞɚ ɩɪɚɜɹɬ

ɩɪɢɧɰɢɩɚɩɪɟɞɩɨɥɨɠɟɧɢɟɡɚɞɟɣɫɬɜɚɳɨɩɪɟɞɩɪɢɹɬɢɟɧɟɩɪɢɥɨɠɢɦɢɥɢɞɚɩɨɪɚɠɞɚɬɡɧɚɱɢɬɟɥɧɢɫɴɦɧɟɧɢɹɨɬɧɨɫɧɨ

ɜɚɥɢɞɧɨɫɬɬɚɧɚɩɪɢɧɰɢɩɚɩɪɟɞɩɨɥɨɠɟɧɢɟɡɚɞɟɣɫɬɜɚɳɨɩɪɟɞɩɪɢɹɬɢɟɤɨɢɬɨɞɚɛɴɞɚɬɨɩɨɜɟɫɬɟɧɢɜɴɜɮɢɧɚɧɫɨɜɢɹ

ɨɬɱɟɬɋɴɨɬɜɟɬɧɨɮɢɧɚɧɫɨɜɢɹɬɨɬɱɟɬɟɢɡɝɨɬɜɟɧɧɚɛɚɡɚɩɪɢɧɰɢɩɚɧɚɞɟɣɫɬɜɚɳɨɩɪɟɞɩɪɢɹɬɢɟ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ȼɚɡɚɡɚɢɡɝɨɬɜɹɧɟɩɪɨɞɴɥɠɟɧɢɟ



Ɏɢɧɚɧɫɨɜɢɹɬ ɨɬɱɟɬ ɟ ɩɪɟɞɫɬɚɜɟɧ ɜ ɛɴɥɝɚɪɫɤɢ ɥɟɜɚ ɢ ɜɫɢɱɤɢ ɩɨɤɚɡɚɬɟɥɢ ɫɚ ɡɚɤɪɴɝɥɟɧɢ ɞɨ ɧɚɣɛɥɢɡɤɢɬɟ ɯɢɥɹɞɚ

ɛɴɥɝɚɪɫɤɢɥɟɜɚɯɢɥɥɜɨɫɜɟɧɚɤɨɟɭɩɨɦɟɧɚɬɨɞɪɭɝɨ

ɂɡɹɜɥɟɧɢɟɡɚɫɴɨɬɜɟɬɫɬɜɢɟ

Ɏɢɧɚɧɫɨɜɢɹɬ ɨɬɱɟɬ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɢɡɝɨɬɜɟɧ ɜ ɫɴɨɬɜɟɬɫɬɜɢɟ ɫ Ɇɟɠɞɭɧɚɪɨɞɧɢɬɟ ɫɬɚɧɞɚɪɬɢ ɡɚ ɮɢɧɚɧɫɨɜɨ

ɨɬɱɢɬɚɧɟɬɚɤɚ ɤɚɤɬɨ ɫɚ ɩɪɢɟɬɢɨɬȿɜɪɨɩɟɣɫɤɢɹ ɫɴɸɡ Ɉɬɱɟɬɧɚɬɚ ɪɚɦɤɚÄɆɋɎɈɩɪɢɟɬɢɨɬ ȿɋ´ɩɨ ɫɴɳɟɫɬɜɨ ɟ

ɨɩɪɟɞɟɥɟɧɚɬɚɧɚɰɢɨɧɚɥɧɚɫɱɟɬɨɜɨɞɧɚɛɚɡɚɆɋɋɩɪɢɟɬɢɨɬȿɋɪɟɝɥɚɦɟɧɬɢɪɚɧɢɫɴɫɁɚɤɨɧɚɡɚɫɱɟɬɨɜɨɞɫɬɜɨɬɨɢ

ɞɟɮɢɧɢɪɚɧɢɜɬɨɬɧɟɝɨɜɢɬɟȾɨɩɴɥɧɢɬɟɥɧɢɪɚɡɩɨɪɟɞɛɢ

Ɉɛɨɛɳɟɧɢɟɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢ

ɚɉɪɟɜɪɴɳɚɧɟɜɱɭɠɞɟɫɬɪɚɧɧɚɜɚɥɭɬɚ

Ɏɢɧɚɧɫɨɜɢɹɬɨɬɱɟɬɟɩɪɟɞɫɬɚɜɟɧɜɛɴɥɝɚɪɫɤɢɥɟɜɚɤɨɹɬɨɟɮɭɧɤɰɢɨɧɚɥɧɚɬɚɜɚɥɭɬɚɢɜɚɥɭɬɚɬɚɧɚɩɪɟɞɫɬɚɜɹɧɟɧɚ

Ⱦɪɭɠɟɫɬɜɨɬɨɋɞɟɥɤɢɬɟɜɱɭɠɞɟɫɬɪɚɧɧɚɜɚɥɭɬɚɩɴɪɜɨɧɚɱɚɥɧɨɫɟɨɬɪɚɡɹɜɚɬɜɴɜɮɭɧɤɰɢɨɧɚɥɧɚɬɚɜɚɥɭɬɚɩɨɨɛɦɟɧɧɢɹ

ɤɭɪɫɧɚɞɚɬɚɬɚɧɚɫɞɟɥɤɚɬɚɆɨɧɟɬɚɪɧɢɬɟɚɤɬɢɜɢɢɩɚɫɢɜɢɞɟɧɨɦɢɧɢɪɚɧɢɜɱɭɠɞɟɫɬɪɚɧɧɢɜɚɥɭɬɢɫɟɩɪɟɢɡɱɢɫɥɹɜɚɬ

ɜɴɜɮɭɧɤɰɢɨɧɚɥɧɚɬɚɜɚɥɭɬɚɜɤɪɚɹɧɚɜɫɟɤɢɦɟɫɟɰɩɨɡɚɤɥɸɱɢɬɟɥɧɢɹɨɛɦɟɧɟɧɤɭɪɫɧɚȻɴɥɝɚɪɫɤɚɇɚɪɨɞɧɚȻɚɧɤɚɡɚ

ɩɨɫɥɟɞɧɢɹɪɚɛɨɬɟɧɞɟɧɨɬɫɴɨɬɜɟɬɧɢɹɦɟɫɟɰȼɫɢɱɤɢɤɭɪɫɨɜɢɪɚɡɥɢɤɢɫɟɩɪɢɡɧɚɜɚɬɜɨɬɱɟɬɚɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞ

ɇɟɦɨɧɟɬɚɪɧɢɬɟɚɤɬɢɜɢɢɩɚɫɢɜɢɤɨɢɬɨɫɟɨɰɟɧɹɜɚɬɩɨɢɫɬɨɪɢɱɟɫɤɚɰɟɧɚɧɚɩɪɢɞɨɛɢɜɚɧɟɜɱɭɠɞɟɫɬɪɚɧɧɚɜɚɥɭɬɚɫɟ

ɩɪɟɜɪɴɳɚɬɜɴɜɮɭɧɤɰɢɨɧɚɥɧɚɬɚɜɚɥɭɬɚɩɨɨɛɦɟɧɧɢɹɤɭɪɫɤɴɦɞɚɬɚɬɚɧɚɩɴɪɜɨɧɚɱɚɥɧɚɬɚɫɞɟɥɤɚɩɪɢɞɨɛɢɜɚɧɟ

ɛɉɪɢɡɧɚɜɚɧɟɧɚɩɪɢɯɨɞɢ 

ɉɪɢɯɨɞɢɨɬɞɨɝɨɜɨɪɢɫɤɥɢɟɧɬɢ 

ȾɟɣɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɟɫɜɴɪɡɚɧɚɫɩɨɤɭɩɤɚɧɚɩɪɚɜɨɧɚɫɨɛɫɬɜɟɧɨɫɬɢɞɪɭɝɢɜɟɳɧɢɩɪɚɜɚɜɴɪɯɭɧɟɞɜɢɠɢɦɢ

ɢɦɨɬɢɫɰɟɥ ɩɪɟɞɨɫɬɚɜɹɧɟɬɨɢɦɡɚɭɩɪɚɜɥɟɧɢɟɨɬɞɚɜɚɧɟ ɩɨɞɧɚɟɦɥɢɡɢɧɝ ɢɢɥɢɩɪɨɞɚɠɛɚɬɚɢɦɉɪɢɯɨɞɢɬɟɨɬ

ɞɨɝɨɜɨɪɢɫɤɥɢɟɧɬɢɫɟɩɪɢɡɧɚɜɚɬɤɨɝɚɬɨɤɨɧɬɪɨɥɴɬɜɴɪɯɭɢɦɨɬɢɬɟɛɴɞɟɩɪɟɯɜɴɪɥɟɧɤɴɦɤɥɢɟɧɬɚɫɪɟɳɭɫɭɦɚɤɨɹɬɨ

ɨɬɪɚɡɹɜɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨɧɚɤɨɟɬɨȾɪɭɠɟɫɬɜɨɬɨɨɱɚɤɜɚɞɚɢɦɚɩɪɚɜɨɜɡɚɦɹɧɚɧɚɬɟɡɢɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ

ɄɚɬɨɰɹɥɨȾɪɭɠɟɫɬɜɨɬɨɟɞɨɫɬɢɝɧɚɥɨɞɨɡɚɤɥɸɱɟɧɢɟɱɟɬɨɟɩɪɢɧɰɢɩɚɥɜɞɨɝɨɜɨɪɟɧɨɫɬɢɬɟɫɢɡɚɩɪɢɯɨɞɢɬɴɣɤɚɬɨ

Ⱦɪɭɠɟɫɬɜɨɬɨɤɨɧɬɪɨɥɢɪɚɢɦɨɬɢɬɟɩɪɟɞɢɞɚɝɢɩɪɟɯɜɴɪɥɢɤɴɦɤɥɢɟɧɬɚ



Ɉɩɨɜɟɫɬɹɜɚɧɢɹ ɡɚ ɫɴɳɟɫɬɜɟɧɢɬɟ ɫɱɟɬɨɜɨɞɧɢ ɩɪɟɰɟɧɤɢ ɩɪɢɛɥɢɡɢɬɟɥɧɢ ɨɰɟɧɤɢ ɢ ɩɪɟɞɩɨɥɨɠɟɧɢɹ ɫɜɴɪɡɚɧɢ ɫ

ɩɪɢɯɨɞɢɬɟɨɬɞɨɝɨɜɨɪɢɫɤɥɢɟɧɬɢɫɚɩɪɟɞɨɫɬɚɜɟɧɢɜȻɟɥɟɠɤɚ

ɉɪɨɞɚɠɛɚ ɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɢ ɢɦɨɬɢ

ɉɪɢɯɨɞɢɬɟɨɬɩɪɨɞɚɠɛɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɫɟɩɪɢɡɧɚɜɚɬɜɨɬɱɟɬɚɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞɜɨɩɪɟɞɟɥɟɧɦɨɦɟɧɬ

ɜɴɜ ɜɪɟɦɟɬɨ ɤɨɝɚɬɨ ɤɨɧɬɪɨɥɴɬ ɜɴɪɯɭ ɢɦɨɬɚ ɛɴɞɟ ɩɪɟɯɜɴɪɥɟɧ ɤɴɦ ɤɥɢɟɧɬɚ ɤɨɟɬɨ ɟ ɩɪɢ ɩɪɟɯɜɴɪɥɹɧɟɬɨ ɧɚ

ɸɪɢɞɢɱɟɫɤɨɬɨɩɪɚɜɨɧɚɫɨɛɫɬɜɟɧɨɫɬɨɫɜɟɧɜɫɥɭɱɚɢɬɟɧɚɩɪɨɞɚɠɛɢɫɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɈɫɧɨɜɧɢɬɟɩɪɟɰɟɧɤɢɧɚ

ɪɴɤɨɜɨɞɫɬɜɨɬɨɡɚɩɪɟɯɜɴɪɥɹɧɟɧɚɤɨɧɬɪɨɥɜɴɪɯɭɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢɩɨɩɪɨɞɚɠɛɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɫɚ

ɨɩɨɜɟɫɬɟɧɢɜȻɟɥɟɠɤɚ



ɉɪɢɨɩɪɟɞɟɥɹɧɟɬɨɧɚɰɟɧɚɬɚɧɚɫɞɟɥɤɚɬɚɡɚɩɪɨɞɚɠɛɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢȾɪɭɠɟɫɬɜɨɬɨɩɪɟɰɟɧɹɜɚɟɮɟɤɬɢɬɟ

ɨɬɩɪɨɦɟɧɥɢɜɚɬɚɰɟɧɚɢɫɴɳɟɫɬɜɭɜɚɧɟɬɨɧɚɫɴɳɟɫɬɜɟɧɢɤɨɦɩɨɧɟɧɬɢɧɚɮɢɧɚɧɫɢɪɚɧɟ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɛɨɛɳɟɧɢɟɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɩɪɨɞɴɥɠɟɧɢɟ



ɛɉɪɢɡɧɚɜɚɧɟɧɚɩɪɢɯɨɞɢɩɪɨɞɴɥɠɟɧɢɟ

ɉɪɢɯɨɞɢɨɬɞɨɝɨɜɨɪɢɫɤɥɢɟɧɬɢɩɪɨɞɴɥɠɟɧɢɟ



ɉɪɨɞɚɠɛɚ ɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɢ ɢɦɨɬɢ (ɩɪɨɞɴɥɠɟɧɢɟ)

(i) ɉɪɨɦɟɧɥɢɜɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ

ȺɤɨɰɟɧɚɬɚɩɨɞɚɞɟɧɞɨɝɨɜɨɪɜɤɥɸɱɜɚɩɪɨɦɟɧɥɢɜɚɫɭɦɚȾɪɭɠɟɫɬɜɨɬɨɨɩɪɟɞɟɥɹɪɚɡɦɟɪɚɧɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨɧɚ

ɤɨɟɬɨ ɢɦɚ ɩɪɚɜɨ ɜ ɡɚɦɹɧɚ ɧɚ ɩɪɟɯɜɴɪɥɹɧɟɬɨ ɧɚ ɫɨɛɫɬɜɟɧɨɫɬɬɚ ɜɴɪɯɭ ɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟ ɢɦɨɬɢ ɤɴɦ ɤɥɢɟɧɬɚ

ɉɪɢɛɥɢɡɢɬɟɥɧɚ ɨɰɟɧɤɚ ɧɚ ɪɚɡɦɟɪɚ ɧɚ ɩɪɨɦɟɧɥɢɜɨɬɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɫɟ ɩɪɚɜɢ ɧɚ ɞɚɬɚɬɚ ɧɚ ɜɥɢɡɚɧɟ ɜ ɫɢɥɚ ɧɚ

ɞɨɝɨɜɨɪɚɢɬɨɣɫɟɨɝɪɚɧɢɱɚɜɚɞɨɤɚɬɨɧɟɫɬɚɧɟɦɧɨɝɨɜɟɪɨɹɬɧɨɱɟ ɤɨɝɚɬɨ ɜɩɨɫɥɟɞɫɬɜɢɟ ɛɴɞɟ ɪɚɡɪɟɲɟɧɚ

ɧɟɫɢɝɭɪɧɨɫɬɬɚ ɫɜɴɪɡɚɧɚ ɫ ɩɪɨɦɟɧɥɢɜɨɬɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɧɹɦɚ ɞɚ ɜɴɡɧɢɤɧɟ ɫɴɳɟɫɬɜɟɧ ɨɛɪɚɬ

ɪɟɢɧɬɟɝɪɢɪɚɧɟɫɬɨɪɧɢɪɚɧɟɧɚɩɪɢɡɧɚɬɢɬɟɩɪɢɯɨɞɢɇɹɤɨɢɞɨɝɨɜɨɪɢɡɚɩɪɨɞɚɠɛɚɬɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɚɜɚɬ

ɧɚɤɥɢɟɧɬɢɬɟɩɪɚɜɨɞɚɩɪɟɤɪɚɬɹɬɞɨɝɨɜɨɪɚɢɫɴɨɬɜɟɬɧɨɞɚɫɟɨɬɤɚɠɚɬɨɬɩɨɤɭɩɤɚɧɚɢɦɨɬɢɬɟɜɴɜɜɫɟɤɢɟɞɢɧɦɨɦɟɧɬ

ɩɨ ɜɪɟɦɟ ɧɚ ɫɪɨɤɚ ɧɚ ɞɨɝɨɜɨɪD ɉɪɚɜɚɬɚ ɡɚ ɩɪɟɤɪɚɬɹɜɚɧɟ ɩɨɪɚɠɞɚɬ ɩɪɨɦɟɧɥɢɜɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɋɴɳɨ ɬɚɤɚ

Ⱦɪɭɠɟɫɬɜɨɬɨɫɤɥɸɱɜɚɞɨɝɨɜɨɪɢɫɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɤɨɢɬɨɫɴɞɴɪɠɚɬɧɹɤɨɥɤɨɨɩɰɢɢɡɚɩɨɪɚɧɧɨɢɡɩɴɥɧɟɧɢɟɧɚ

ɞɨɝɨɜɨɪɚɫɪɚɡɥɢɱɟɧɪɚɡɦɟɪɧɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨ

x ɉɪɚɜɚɡɚɩɪɟɤɪɚɬɹɜɚɧɟ

ȾɪɭɠɟɫɬɜɨɬɨɫɤɥɸɱɜɚɞɨɝɨɜɨɪɢɡɚɩɪɨɞɚɠɛɚɧɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢɫɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɧɚɰɟɧɚɬɚȾɨɝɨɜɨɪɢɬɟ

ɫɟɫɤɥɸɱɜɚɬɡɚɫɪɨɤɨɬɩɟɬɝɨɞɢɧɢɢɢɡɩɥɚɳɚɧɟɬɨɧɚɰɟɧɚɬɚɫɟɢɡɜɴɪɲɜɚɱɪɟɡɝɨɞɢɲɧɢɜɧɨɫɤɢɁɟɦɢɬɟɫɟ

ɩɪɟɞɨɫɬɚɜɹɬ ɡɚ ɩɨɥɡɜɚɧɟ ɨɬ ɤɭɩɭɜɚɱɚ ɩɪɢ ɡɚɩɥɚɳɚɧɟ ɧɚ ɡɚɞɚɬɴɤ ɩɨ ɫɤɥɸɱɟɧ ɞɨɝɨɜɨɪ ɚ ɩɪɟɯɜɴɪɥɹɧɟɬɨ ɧɚ

ɸɪɢɞɢɱɟɫɤɨɬɨɩɪɚɜɨɧɚɫɨɛɫɬɜɟɧɨɫɬɫɟɢɡɜɴɪɲɜɚɫɥɟɞɩɴɥɧɨɬɨɡɚɩɥɚɳɚɧɟɧɚɰɟɧɚɬɚɄɥɢɟɧɬɢɬɟɢɦɚɬɩɪɚɜɨ

ɞɚ ɫɟ ɨɬɤɚɠɚɬ ɨɬ ɩɨɤɭɩɤɚ ɧɚ ɢɦɨɬɢɬɟ ɜɴɜ ɜɫɟɤɢ ɟɞɢɧ ɦɨɦɟɧɬ ɩɨ ɜɪɟɦɟ ɧɚ ɫɪɨɤɚ ɧɚ ɞɨɝɨɜɨɪɢɬɟ ɉɪɢ

ɧɚɫɬɴɩɜɚɧɟɬɨɧɚɬɚɤɢɜɚɫɥɭɱɚɢȾɪɭɠɟɫɬɜɨɬɨɡɚɞɴɪɠɚɩɥɚɬɟɧɢɬɟɨɬɤɥɢɟɧɬɢɬɟɡɚɞɚɬɴɰɢɤɚɬɨɜɫɹɤɨɩɥɚɳɚɧɟ

ɧɚɞɪɚɡɦɟɪɚɧɚɡɚɞɚɬɴɤɚɫɟɜɪɴɳɚɧɚɤɭɩɭɜɚɱɢɬɟ

Ⱦɪɭɠɟɫɬɜɨɬɨɢɡɩɨɥɡɜɚɦɟɬɨɞɚɧɚɨɱɚɤɜɚɧɚɬɚɫɬɨɣɧɨɫɬɡɚɞɚɨɩɪɟɞɟɥɢɩɪɢɛɥɢɡɢɬɟɥɧɨɫɞɟɥɤɢɬɟɤɨɢɬɨɧɹɦɚɞɚ

ɛɴɞɚɬɩɪɟɤɪɚɬɟɧɢɬɴɣɤɚɬɨɬɨɡɢɦɟɬɨɞɨɫɢɝɭɪɹɜɚɧɚɣɞɨɛɪɚɩɪɨɝɧɨɡɚ ɡɚ ɪɚɡɦɟɪɚ ɧɚ ɩɪɨɦɟɧɥɢɜɨɬɨ

ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɤɨɟɬɨ Ⱦɪɭɠɟɫɬɜɨɬɨ ɳɟ ɢɦɚ ɩɪɚɜɨ ɞɚ ɩɨɥɭɱɢ ɉɪɢɥɚɝɚɬ ɫɟ ɢ ɢɡɢɫɤɜɚɧɢɹɬɚ ɧɚ ɆɋɎɈ 

ɨɬɧɨɫɧɨ ɨɝɪɚɧɢɱɚɜɚɧɟɬɨ ɧɚ ɩɪɢɛɥɢɡɢɬɟɥɧɢɬɟ ɨɰɟɧɤɢ ɡɚ ɩɪɨɦɟɧɥɢɜɨɬɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɡɚ ɞɚ ɫɟ ɨɩɪɟɞɟɥɢ

ɪɚɡɦɟɪɴɬ ɧɚ ɩɪɨɦɟɧɥɢɜɨɬɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɤɨɟɬɨ ɦɨɠɟ ɞɚ ɫɟ ɜɤɥɸɱɢ ɜ ɰɟɧɚɬɚ ɧɚ ɫɞɟɥɤɚɬɚ ɇɚ ɛɚɡɚ ɧɚ

ɫɴɳɟɫɬɜɟɧɢɬɟ ɫɱɟɬɨɜɨɞɧɢ ɩɪɟɰɟɧɤɢ ɩɪɟɞɫɬɚɜɟɧɢ ɜ ɉɨɹɫɧɢɬɟɥɧɚ Ȼɟɥɟɠɤɚ  Ⱦɪɭɠɟɫɬɜɨɬɨ ɫɱɢɬɚ ɱɟ ɧɟ ɫɟ

ɨɱɚɤɜɚ ɤɥɢɟɧɬɢɬɟ ɞɚ ɩɪɟɤɪɚɬɹɜɚɬ ɞɨɝɨɜɨɪɢ ɡɚ ɩɪɨɞɚɠɛɚ ɧɚ ɡɟɦɟɞɟɥɫɤɢ ɡɟɦɢ ɫ ɪɚɡɫɪɨɱɟɧɨ ɩɥɚɳɚɧɟ ɢ

ɫɥɟɞɨɜɚɬɟɥɧɨ ɤɴɦ  ɞɟɤɟɦɜɪɢ  ɝ ɧɟ ɩɪɢɡɧɚɜɚ ɡɚɞɴɥɠɟɧɢɟ ɡɚ ɜɴɡɫɬɚɧɨɜɹɜɚɧɟ ɢɥɢ ɚɤɬɢɜ ɡɚ ɩɪɚɜɨ ɧɚ

ɜɪɴɳɚɧɟ

x ɉɪɚɜɚɡɚɩɨɪɚɧɧɨɢɡɩɴɥɧɟɧɢɟɧɚɞɨɝɨɜɨɪɚɫɪɚɡɥɢɱɟɧɪɚɡɦɟɪɧɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨ

Ⱦɪɭɠɟɫɬɜɨɬɨɫɤɥɸɱɜɚɞɨɝɨɜɨɪɢɡɚɩɪɨɞɚɠɛɚɧɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢɫɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɧɚɰɟɧɚɬɚɫɴɫɫɪɨɤɨɬ

ɩɟɬɝɨɞɢɧɢɢɨɩɰɢɢɡɚɩɪɟɞɫɪɨɱɧɨɭɩɪɚɠɧɹɜɚɧɟɦɟɠɞɭɞɟɜɟɬɧɚɞɟɫɟɬɢɢɱɟɬɢɪɢɞɟɫɟɬɢɨɫɦɢɦɟɫɟɰ

ɜɤɥɸɱɢɬɟɥɧɨ ɨɬ ɜɥɢɡɚɧɟ ɜ ɫɢɥɚ ɧɚɞɨɝɨɜɨɪɚɩɪɢɩɥɚɬɟɧɩɴɥɟɧɪɚɡɦɟɪ ɧɚ ɡɚɞɚɬɴɤ ɫ ɪɚɡɥɢɱɟɧ ɪɚɡɦɟɪ ɧɚ

ɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨɡɚɜɫɹɤɚɨɩɰɢɹɉɪɟɯɜɴɪɥɹɧɟɬɨɧɚɸɪɢɞɢɱɟɫɤɨɬɨɩɪɚɜɨɧɚɫɨɛɫɬɜɟɧɨɫɬɫɟɢɡɜɴɪɲɜɚɫɥɟɞ

ɭɩɪɚɠɧɹɜɚɧɟɬɨ ɧɚ ɨɩɰɢɹɬɚ ɇɚ ɛɚɡɚ ɧɚ ɫɴɳɟɫɬɜɟɧɢɬɟ ɫɱɟɬɨɜɨɞɧɢ ɩɪɟɰɟɧɤɢ ɩɪɟɞɫɬɚɜɟɧɢ ɜ Ȼɟɥɟɠɤɚ 

Ⱦɪɭɠɟɫɬɜɨɬɨɩɪɢɡɧɚɜɚɩɪɢɯɨɞɢɩɨɬɚɤɴɜɬɢɩɞɨɝɨɜɨɪɢɧɚɛɚɡɚɧɚɧɚɣɧɢɫɤɚɬɚɞɨɝɨɜɨɪɟɧɚɰɟɧɚ



(ii) ɋɴɳɟɫɬɜɟɧ ɤɨɦɩɨɧɟɧɬ ɧɚ ɮɢɧɚɧɫɢɪɚɧɟ





ɉɪɢɞɨɝɨɜɨɪɢɡɚɞɢɪɟɤɬɧɢɩɪɨɞɚɠɛɢȾɪɭɠɟɫɬɜɨɬɨɩɨɥɭɱɚɜɚɤɪɚɬɤɨɫɪɨɱɧɢɚɜɚɧɫɢɨɬɤɥɢɟɧɬɢɬɟɫɢɉɪɢɥɚɝɚɣɤɢ

ɩɪɚɤɬɢɱɟɫɤɨɬɨɨɛɥɟɤɱɟɧɢɟɜɆɋɎɈɬɨɧɟɤɨɪɢɝɢɪɚɨɛɟɳɚɧɢɹɪɚɡɦɟɪɧɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨɡɚɨɬɪɚɡɹɜɚɧɟɧɚ

ɟɮɟɤɬɢɬɟɧɚɫɴɳɟɫɬɜɟɧɤɨɦɩɨɧɟɧɬɧɚɮɢɧɚɧɫɢɪɚɧɟɚɤɨɧɚɞɚɬɚɬɚɧɚɜɥɢɡɚɧɟɜɫɢɥɚɧɚɞɨɝɨɜɨɪɚɨɱɚɤɜɚɱɟɩɟɪɢɨɞɴɬ

ɦɟɠɞɭɩɪɟɯɜɴɪɥɹɧɟɬɨɧɚɨɛɟɳɚɧɢɬɟɚɤɬɢɜɢɤɴɦɤɥɢɟɧɬɚɢɨɱɚɤɜɚɧɨɬɨɨɬɤɥɢɟɧɬɚɩɥɚɳɚɧɟɡɚɚɤɬɢɜɢɳɟɛɴɞɟɟɞɧɚ

ɝɨɞɢɧɚɢɥɢɩɨɦɚɥɤɨ

ɉɪɢɞɨɝɨɜɨɪɢɡɚɩɪɨɞɚɠɛɚɫɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟȾɪɭɠɟɫɬɜɨɬɨɩɨɥɭɱɚɜɚɜɧɨɫɤɢɜɩɪɨɞɴɥɠɟɧɢɟɧɚɩɟɬɝɨɞɢɧɢ

ɨɬɤɥɢɟɧɬɢɬɟɫɢɐɟɧɚɬɚɧɚɫɞɟɥɤɚɬɚɡɚɬɚɤɢɜɚɞɨɝɨɜɨɪɢɫɟɞɢɫɤɨɧɬɢɪɚɤɚɬɨɫɟɢɡɩɨɥɡɜɚɩɪɨɰɟɧɬɴɬɤɨɣɬɨɛɢɛɢɥ

ɨɬɪɚɡɟɧɜɨɬɞɟɥɧɚɫɞɟɥɤɚɡɚɮɢɧɚɧɫɢɪɚɧɟɦɟɠɞɭȾɪɭɠɟɫɬɜɨɬɨɢɧɟɝɨɜɢɬɟɤɥɢɟɧɬɢɧɚɞɚɬɚɬɚɧɚɜɥɢɡɚɧɟɜɫɢɥɚɧɚ

ɞɨɝɨɜɨɪɚɡɚɞɚɫɟɜɡɟɦɟɩɨɞɜɧɢɦɚɧɢɟɫɴɳɟɫɬɜɟɧɢɹɤɨɦɩɨɧɟɧɬɧɚɮɢɧɚɧɫɢɪɚɧɟɬɨɊɚɡɥɢɤɚɬɚɦɟɠɞɭɛɪɭɬɧɚɬɚɢ

ɧɚɫɬɨɹɳɚɬɚɫɬɨɣɧɨɫɬɧɚɜɡɟɦɚɧɟɬɨɫɟɬɪɟɬɢɪɚɤɚɬɨɮɢɧɚɧɫɨɜɩɪɢɯɨɞɡɚɛɴɞɟɳɩɟɪɢɨɞɧɨɧɟɫɟɩɪɢɡɧɚɜɚɤɚɬɨɩɚɫɢɜ

ɜɨɬɱɟɬɚɡɚɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɎɢɧɚɧɫɨɜɢɹɬɩɪɢɯɨɞɨɬɞɨɝɨɜɨɪɢɡɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɫɟɩɪɢɡɧɚɜɚɡɚɫɪɨɤɚ

ɧɚɞɨɝɨɜɨɪɚ 

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɛɨɛɳɟɧɢɟɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɩɪɨɞɴɥɠɟɧɢɟ



ɛɉɪɢɡɧɚɜɚɧɟɧɚɩɪɢɯɨɞɢɩɪɨɞɴɥɠɟɧɢɟ

ɉɪɢɯɨɞɢɨɬɞɨɝɨɜɨɪɢɫɤɥɢɟɧɬɢɩɪɨɞɴɥɠɟɧɢɟ

ɋɚɥɞɚ ɩɨ ɞɨɝɨɜɨɪɢ

(i) Ⱥɤɬɢɜɢ ɩɨ ɞɨɝɨɜɨɪɢ ɫ ɤɥɢɟɧɬɢ

Ⱥɤɬɢɜɴɬ ɩɨ ɞɨɝɨɜɨɪɚ ɟ ɩɪɚɜɨɬɨ ɞɚ ɫɟ ɩɨɥɭɱɢ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɜ ɡɚɦɹɧɚɧɚɩɪɚɜɨɬɨɧɚɫɨɛɫɬɜɟɧɨɫɬɜɴɪɯɭ

ɢɧɜɟɫɬɢɰɢɨɧɧɢ ɢɦɨɬɢ ɤɨɢɬɨ ɫɚ ɩɪɟɯɜɴɪɥɟɧɢ ɧɚ ɤɥɢɟɧɬɚ Ⱥɤɨ ɱɪɟɡ ɩɪɟɯɜɴɪɥɹɧɟɬɨ ɧɚ ɚɤɬɢɜɢɬɟ ɤɴɦ ɤɥɢɟɧɬɢ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɢɡɩɴɥɧɢ ɡɚɞɴɥɠɟɧɢɟɬɨ ɫɢ ɩɪɟɞɢ ɤɥɢɟɧɬɴɬ ɞɚ ɡɚɩɥɚɬɢ ɫɴɨɬɜɟɬɧɨɬɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɢɥɢ ɩɪɟɞɢ

ɩɥɚɳɚɧɟɬɨ ɞɚ ɟ ɫɬɚɧɚɥɨ ɞɴɥɠɢɦɨ ɚɤɬɢɜ ɩɨ ɞɨɝɨɜɨɪ ɫɟ ɩɪɢɡɧɚɜɚ ɡɚɡɚɪɚɛɨɬɟɧɨɬɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɤɨɟɬɨ ɟ ɩɨɞ

ɭɫɥɨɜɢɟ ɉɪɢ ɩɪɨɞɚɠɛɚ ɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɢ ɢɦɨɬɢ ɫ ɪɚɡɫɪɨɱɟɧɨ ɩɥɚɳɚɧɟ ɧɚ ɰɟɧɚɬɚ ɩɪɢ ɤɨɢɬɨ ɢɡɩɥɚɳɚɧɟɬɨ ɧɚ

ɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨɨɬɤɥɢɟɧɬɚɫɟɢɡɜɴɪɲɜɚɱɪɟɡɝɨɞɢɲɧɢɜɧɨɫɤɢɩɨɩɪɟɞɜɚɪɢɬɟɥɧɨɞɨɝɨɜɨɪɟɧɩɥɚɧɧɚɫɬɨɹɳɚɬɚ

ɫɬɨɣɧɨɫɬɧɚɩɥɚɳɚɧɢɹɬɚɩɨɞɨɝɨɜɨɪɚɫɟɩɪɢɡɧɚɜɚɬɤɚɬɨɜɡɟɦɚɧɟɩɨɩɪɨɞɚɠɛɚɫɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ±ɚɤɬɢɜɩɨ

ɞɨɝɨɜɨɪɫɤɥɢɟɧɬɢ

(ii) Ɍɴɪɝɨɜɫɤɢ ɜɡɟɦɚɧɢɹ

ȼɡɟɦɚɧɟɬɨ ɩɪɟɞɫɬɚɜɥɹɜɚ ɩɪɚɜɨɬɨ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɞɚ ɩɨɥɭɱɢ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɜ ɨɩɪɟɞɟɥɟɧ ɪɚɡɦɟɪ ɤɨɟɬɨ ɟ

ɛɟɡɭɫɥɨɜɧɨɬɟ ɩɪɟɞɢ ɩɥɚɳɚɧɟɬɨ ɧɚ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨ ɞɚ ɫɬɚɧɟ ɞɴɥɠɢɦɨ ɟ ɧɟɨɛɯɨɞɢɦɨ ɟɞɢɧɫɬɜɟɧɨ ɞɚ ɢɡɬɟɱɟ

ɨɩɪɟɞɟɥɟɧɩɟɪɢɨɞɨɬɜɪɟɦɟɆɨɥɹɜɢɠɬɟɫɱɟɬɨɜɨɞɧɢɬɟɩɨɥɢɬɢɤɢɡɚɮɢɧɚɧɫɨɜɢɬɟɚɤɬɢɜɢɢɡɥɨɠɟɧɢɜɪɚɡɞɟɥɟ

Ɏɢɧɚɧɫɨɜɢɢɧɫɬɪɭɦɟɧɬɢ±ɩɴɪɜɨɧɚɱɚɥɧɨɩɪɢɡɧɚɜɚɧɟɢɩɨɫɥɟɞɜɚɳɨɨɰɟɧɹɜɚɧɟ

Ɋɚɡɯɨɞɢ ɡɚ ɫɤɥɸɱɜɚɧɟ ɧɚ ɞɨɝɨɜɨɪ/ Ɋɚɡɯɨɞɢ ɡɚ ɢɡɩɴɥɧɟɧɢɟ ɧɚ ɞɨɝɨɜɨɪ

ȾɪɭɠɟɫɬɜɨɬɨɩɥɚɳɚɤɨɦɢɫɢɨɧɧɢɡɚɩɪɨɞɚɠɛɢɧɚɛɪɨɤɟɪɢɬɟɫɢɡɚɜɫɟɤɢɞɨɝɨɜɨɪɌɴɣɤɚɬɨɩɪɢɯɨɞɢɬɟɨɬɩɪɨɞɚɠɛɚ

ɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɫɟɩɪɢɡɧɚɜɚɬɜɨɩɪɟɞɟɥɟɧɦɨɦɟɧɬɨɬɜɪɟɦɟɬɨɢɞɨɝɨɜɨɪɢɬɟɧɹɦɚɬɞɴɥɝɨɫɪɨɱɟɧɯɚɪɚɤɬɟɪ

Ⱦɪɭɠɟɫɬɜɨɬɨɟɢɡɛɪɚɥɨɞɚɩɪɢɥɚɝɚɨɩɰɢɹɬɚɡɚɩɪɚɤɬɢɱɟɫɤɚɬɚɰɟɥɟɫɴɨɛɪɚɡɧɚɦɹɪɤɚɡɚɪɚɡɯɨɞɢɬɟɡɚɫɤɥɸɱɜɚɧɟɧɚ

ɞɨɝɨɜɨɪ ɤɨɹɬɨ ɦɭ ɩɨɡɜɨɥɹɜɚ ɞɚ ɨɬɱɟɬɟ ɤɨɦɢɫɢɨɧɧɢɬɟ ɡɚ ɩɪɨɞɚɠɛɢ ɤɚɬɨ ɪɚɡɯɨɞ ɧɟɡɚɛɚɜɧɨ ɤɚɬɨ ɝɢ ɜɤɥɸɱɢ ɜ

ɪɚɡɯɨɞɢɬɟɡɚɜɴɧɲɧɢɭɫɥɭɝɢ



ɉɪɢɯɨɞɢɨɬɚɪɟɧɞɚɢɧɚɟɦɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ

ɉɪɢɯɨɞɢɬɟɨɬɧɚɟɦɢɜɪɟɡɭɥɬɚɬɧɚɨɩɟɪɚɬɢɜɟɧɥɢɡɢɧɝɧɚɢɦɨɬɢɫɟɩɪɢɡɧɚɜɚɬɧɚɛɚɡɚɥɢɧɟɣɧɢɹɦɟɬɨɞɡɚɰɟɥɢɹɫɪɨɤ

ɧɚɥɢɡɢɧɝɨɜɢɹɞɨɝɨɜɨɪ

ɉɪɢɯɨɞɢɨɬɥɢɯɜɢ

ɉɪɢɯɨɞɢɬɟɨɬɥɢɯɜɢɫɟɨɬɱɢɬɚɬɤɚɬɨɫɟɢɡɩɨɥɡɜɚɦɟɬɨɞɚɧɚɟɮɟɤɬɢɜɧɢɹɥɢɯɜɟɧɩɪɨɰɟɧɬɩɪɟɞɫɬɚɜɥɹɜɚɳɩɪɨɰɟɧɬɴɬ

ɤɨɣɬɨɬɨɱɧɨɞɢɫɤɨɧɬɢɪɚɨɱɚɤɜɚɧɢɬɟɛɴɞɟɳɢɩɚɪɢɱɧɢɩɥɚɳɚɧɢɹɡɚɨɱɚɤɜɚɧɢɹɫɪɨɤɧɚɮɢɧɚɧɫɨɜɢɹɢɧɫɬɪɭɦɟɧɬɢɥɢ

ɡɚ ɩɨɤɪɚɬɴɤ ɩɟɪɢɨɞ ɤɨɝɚɬɨ ɟ ɭɦɟɫɬɧɨ ɞɨ ɛɚɥɚɧɫɨɜɚɬɚ ɫɬɨɣɧɨɫɬ ɧɚ ɮɢɧɚɧɫɨɜɢɹ ɚɤɬɢɜ ɉɪɢɯɨɞɴɬ ɨɬ ɥɢɯɜɢ ɫɟ

ɜɤɥɸɱɜɚɜɴɜɮɢɧɚɧɫɨɜɢɹɩɪɢɯɨɞɜɨɬɱɟɬɚɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞ

ɜɊɚɡɯɨɞɢ

Ɋɚɡɯɨɞɢɬɟɜɤɥɸɱɜɚɬɪɚɡɯɨɞɢɡɚɜɴɧɲɧɢɭɫɥɭɝɢɪɚɡɯɨɞɢɡɚɩɟɪɫɨɧɚɥɚɡɚɝɭɛɢɨɬɨɛɟɡɰɟɧɤɚɧɚɜɡɟɦɚɧɢɹɮɢɧɚɧɫɨɜɢ

ɢɞɪɭɝɢɪɚɡɯɨɞɢɌɟɫɟɩɪɢɡɧɚɜɚɬɜɩɟɪɢɨɞɚɜɤɨɣɬɨɫɚɜɴɡɧɢɤɧɚɥɢɧɚɛɚɡɚɩɪɢɧɰɢɩɚɬɟɤɭɳɨɧɚɱɢɫɥɟɧɢɟɊɚɡɯɨɞɢɬɟ

ɡɚɛɪɨɤɟɪɫɤɢɜɴɡɧɚɝɪɚɠɞɟɧɢɹɞɴɥɠɢɦɢɩɪɢɫɤɥɸɱɜɚɧɟɧɚɞɨɝɨɜɨɪɢɡɚɨɩɟɪɚɬɢɜɟɧɥɢɡɢɧɝɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ

ɫɟɨɬɢɱɬɚɬɤɚɬɨɬɟɤɭɳɪɚɡɯɨɞɜɩɟɪɢɨɞɚɜɤɨɣɬɨɫɚɜɴɡɧɢɤɧɚɥɢɩɪɢɫɤɥɸɱɜɚɧɟɧɚɨɩɟɪɚɬɢɜɧɢɹɥɢɡɢɧɝ

 

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɛɨɛɳɟɧɢɟɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɩɪɨɞɴɥɠɟɧɢɟ



ɝȾɚɧɴɰɢ

Ⱦɚɧɴɤ ɩɟɱɚɥɛɚ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɭɱɪɟɞɟɧɨ ɫɴɝɥɚɫɧɨ Ɂɚɤɨɧɚ ɡɚ ɞɪɭɠɟɫɬɜɚɬɚ ɫɴɫ ɫɩɟɰɢɚɥɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɚ ɰɟɥ ɢ ɞɪɭɠɟɫɬɜɚɬɚ ɡɚ

ɫɟɤɸɪɢɬɢɡɚɰɢɹ ɁȾɋɂɐȾɋ ɢ ɟ ɨɫɜɨɛɨɞɟɧɨ ɨɬ ɨɛɥɚɝɚɧɟ ɫ ɛɴɥɝɚɪɫɤɢ ɤɨɪɩɨɪɚɬɢɜɟɧ ɞɚɧɴɤ ɜɴɪɯɭ ɩɟɱɚɥɛɚɬɚ ɜ

ɫɴɨɬɜɟɬɫɬɜɢɟɫɪɚɡɩɨɪɟɞɛɢɬɟɧɚɱɥɨɬɁɚɤɨɧɚɡɚɤɨɪɩɨɪɚɬɢɜɧɨɬɨɩɨɞɨɯɨɞɧɨɨɛɥɚɝɚɧɟ

ȼɪɟɡɭɥɬɚɬɧɚɬɨɜɚȾɪɭɠɟɫɬɜɨɬɨɧɟɞɴɥɠɢɢɧɟɟɧɚɱɢɫɥɹɜɚɥɨɜɧɚɫɬɨɹɳɢɹɮɢɧɚɧɫɨɜɨɬɱɟɬɬɟɤɭɳɢɨɬɫɪɨɱɟɧɞɚɧɴɤ

ɜɴɪɯɭɩɟɱɚɥɛɚɬɚɡɚɩɟɪɢɨɞɚ

ɞɇɟɬɧɚɩɟɱɚɥɛɚɧɚɚɤɰɢɹ

ɇɟɬɧɚɬɚɩɟɱɚɥɛɚɧɚɚɤɰɢɹɫɟɢɡɱɢɫɥɹɜɚɤɚɬɨɫɟɪɚɡɞɟɥɢɧɟɬɧɚɬɚɩɟɱɚɥɛɚɡɚɩɟɪɢɨɞɚɩɨɞɥɟɠɚɳɚɧɚɪɚɡɩɪɟɞɟɥɟɧɢɟ

ɦɟɠɞɭɩɪɢɬɟɠɚɬɟɥɢɬɟɧɚɨɛɢɤɧɨɜɟɧɢɚɤɰɢɢɧɚɫɪɟɞɧɨɩɪɟɬɟɝɥɟɧɢɹɛɪɨɣɧɚɞɴɪɠɚɧɢɬɟɚɤɰɢɢɡɚɩɟɪɢɨɞɚ

ɋɪɟɞɧɨɩɪɟɬɟɝɥɟɧɢɹɬ ɛɪɨɣ ɚɤɰɢɢ ɩɪɟɞɫɬɚɜɥɹɜɚ ɛɪɨɹɬ ɧɚ ɞɴɪɠɚɧɢɬɟ ɨɛɢɤɧɨɜɟɧɢ ɚɤɰɢɢ ɜ ɧɚɱɚɥɨɬɨ ɧɚ ɩɟɪɢɨɞɚ

ɤɨɪɢɝɢɪɚɧɫɛɪɨɹɧɚɨɛɪɚɬɧɨɢɡɤɭɩɟɧɢɬɟɨɛɢɤɧɨɜɟɧɢɚɤɰɢɢɢɧɚɧɨɜɨɢɡɞɚɞɟɧɢɬɟɬɚɤɢɜɚɩɪɟɡɩɟɪɢɨɞɚɭɦɧɨɠɟɧɩɨ

ɫɪɟɞɧɨ±ɜɪɟɦɟɜɢɹɮɚɤɬɨɪɌɨɡɢɮɚɤɬɨɪɢɡɪɚɡɹɜɚɛɪɨɹɧɚɞɧɢɬɟɩɪɟɡɤɨɢɬɨɤɨɧɤɪɟɬɧɢɬɟɚɤɰɢɢɫɚɛɢɥɢɞɴɪɠɚɧɢ

ɫɩɪɹɦɨɨɛɳɢɹɛɪɨɣɧɚɞɧɢɬɟɩɪɟɡɩɟɪɢɨɞɚ

ɟɎɢɧɚɧɫɨɜɢɢɧɫɬɪɭɦɟɧɬɢ±ɩɴɪɜɨɧɚɱɚɥɧɨɩɪɢɡɧɚɜɚɧɟɢɩɨɫɥɟɞɜɚɳɨɨɰɟɧɹɜɚɧɟ

Ɏɢɧɚɧɫɨɜɢɚɤɬɢɜɢ

ɉɴɪɜɨɧɚɱɚɥɧɨ ɩɪɢɡɧɚɜɚɧɟ ɢ ɨɰɟɧɹɜɚɧɟ

ɉɪɢ ɩɴɪɜɨɧɚɱɚɥɧɨɬɨ ɢɦ ɩɪɢɡɧɚɜɚɧɟ ɮɢɧɚɧɫɨɜɢɬɟ ɚɤɬɢɜɢ ɫɟ ɤɥɚɫɢɮɢɰɢɪɚɬ ɤɚɬɨ ɬɚɤɢɜɚ ɤɨɢɬɨ ɜɩɨɫɥɟɞɫɬɜɢɟ ɫɟ

ɨɰɟɧɹɜɚɬɩɨɚɦɨɪɬɢɡɢɪɚɧɚɰɟɧɚɧɚɩɪɢɞɨɛɢɜɚɧɟɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɜɞɪɭɝɢɹɜɫɟɨɛɯɜɚɬɟɧɞɨɯɨɞȾȼȾɢɤɚɬɨ

ɬɚɤɢɜɚɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɜɩɟɱɚɥɛɚɬɚɢɥɢɡɚɝɭɛɚɬɚ

Ʉɥɚɫɢɮɢɤɚɰɢɹɬɚ ɧɚ ɮɢɧɚɧɫɨɜɢɬɟ ɚɤɬɢɜɢ ɩɪɢ ɩɴɪɜɨɧɚɱɚɥɧɨɬɨ ɢɦ ɩɪɢɞɨɛɢɜɚɧɟ ɡɚɜɢɫɢ ɨɬ ɯɚɪɚɤɬɟɪɢɫɬɢɤɢɬɟ ɧɚ

ɞɨɝɨɜɨɪɧɢɬɟɩɚɪɢɱɧɢ ɩɨɬɨɰɢ ɧɚ ɮɢɧɚɧɫɨɜɢɹ ɚɤɬɢɜ ɢ ɛɢɡɧɟɫ ɦɨɞɟɥɚ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨɡɚ ɬɹɯɧɨɬɨɭɩɪɚɜɥɟɧɢɟ ɋ

ɢɡɤɥɸɱɟɧɢɟ ɧɚ ɬɴɪɝɨɜɫɤɢɬɟ ɜɡɟɦɚɧɢɹ ɤɨɢɬɨ ɧɟ ɫɴɞɴɪɠɚɬ ɫɴɳɟɫɬɜɟɧ ɤɨɦɩɨɧɟɧɬ ɧɚ ɮɢɧɚɧɫɢɪɚɧɟ ɢɥɢ ɡɚ ɤɨɢɬɨ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɩɪɢɥɨɠɢɥɨ ɩɪɚɤɬɢɱɟɫɤɢ ɰɟɥɟɫɴɨɛɪɚɡɧɚ ɦɹɪɤɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɩɴɪɜɨɧɚɱɚɥɧɨ ɨɰɟɧɹɜɚ ɮɢɧɚɧɫɨɜɢɹ

ɚɤɬɢɜɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɩɥɸɫɜɫɥɭɱɚɣɧɚɮɢɧɚɧɫɨɜɢɚɤɬɢɜɢɤɨɢɬɨɧɟɫɟɨɬɱɢɬɚɬɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ

ɜɩɟɱɚɥɛɚɬɚɢɥɢɡɚɝɭɛɚɬɚɪɚɡɯɨɞɢɬɟɩɨɫɞɟɥɤɚɬɚɌɴɪɝɨɜɫɤɢɬɟɜɡɟɦɚɧɢɹɤɨɢɬɨɧɟɫɴɞɴɪɠɚɬɫɴɳɟɫɬɜɟɧɤɨɦɩɨɧɟɧɬ

ɧɚɮɢɧɚɧɫɢɪɚɧɟɢɡɚɤɨɢɬɨȾɪɭɠɟɫɬɜɨɬɨɟɩɪɢɥɨɠɢɥɨɩɪɚɤɬɢɱɟɫɤɢɰɟɥɟɫɴɨɛɪɚɡɧɚɦɹɪɤɚɫɟɨɰɟɧɹɜɚɬɩɨɰɟɧɚɬɚɧɚ

ɫɞɟɥɤɚɬɚɨɩɪɟɞɟɥɟɧɚɫɴɝɥɚɫɧɨɆɋɎɈɆɨɥɹɜɢɠɬɟɫɱɟɬɨɜɨɞɧɚɬɚɩɨɥɢɬɢɤɚɜɪɚɡɞɟɥɛɉɪɢɯɨɞɢɨɬɞɨɝɨɜɨɪɢɫ

ɤɥɢɟɧɬɢ

ɁɚɞɚɛɴɞɟɤɥɚɫɢɮɢɰɢɪɚɧɢɨɰɟɧɹɜɚɧɩɨɚɦɨɪɬɢɡɢɪɚɧɚɫɬɨɣɧɨɫɬɢɥɢɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɜȾȼȾɮɢɧɚɧɫɨɜɢɹɬ

ɚɤɬɢɜɬɪɹɛɜɚɞɚɩɨɪɚɠɞɚɩɚɪɢɱɧɢɩɨɬɨɰɢɤɨɢɬɨɩɪɟɞɫɬɚɜɥɹɜɚɬɫɚɦɨɩɥɚɳɚɧɢɹɩɨɝɥɚɜɧɢɰɚɬɚɢɥɢɯɜɚɬɚ³ɋɉȽɅ

ɩɨɧɟɢɡɞɴɥɠɟɧɚɬɚɫɭɦɚɧɚɝɥɚɜɧɢɰɚɬɚɌɚɡɢɨɰɟɧɤɚɫɟɧɚɪɢɱɚÄɋɉȽɅɬɟɫɬ³ɢɫɟɢɡɜɴɪɲɜɚɧɚɧɢɜɨɬɨɧɚɫɴɨɬɜɟɬɧɢɹ

ɢɧɫɬɪɭɦɟɧɬ

ȻɢɡɧɟɫɦɨɞɟɥɴɬɧɚȾɪɭɠɟɫɬɜɨɬɨɡɚɭɩɪɚɜɥɟɧɢɟɧɚɮɢɧɚɧɫɨɜɢɬɟɚɤɬɢɜɢɫɟɩɨɡɨɜɚɜɚɧɚɧɚɱɢɧɚɩɨɤɨɣɬɨɬɨɭɩɪɚɜɥɹɜɚ

ɮɢɧɚɧɫɨɜɢɬɟɫɢɚɤɬɢɜɢɫɰɟɥɝɟɧɟɪɢɪɚɧɟɧɚɩɚɪɢɱɧɢɩɨɬɨɰɢȻɢɡɧɟɫɦɨɞɟɥɴɬɨɩɪɟɞɟɥɹɞɚɥɢɩɚɪɢɱɧɢɬɟɩɨɬɨɰɢɳɟ

ɜɴɡɧɢɤɧɚɬɜɪɟɡɭɥɬɚɬɧɚɫɴɛɢɪɚɧɟɬɨɧɚɞɨɝɨɜɨɪɧɢɩɚɪɢɱɧɢɩɨɬɨɰɢɩɪɨɞɚɠɛɚɧɚɮɢɧɚɧɫɨɜɢɬɟɚɤɬɢɜɢɢɥɢɢɞɜɟɬɟ

ɉɨɤɭɩɤɢɬɟɢɥɢɩɪɨɞɚɠɛɢɬɟɧɚɮɢɧɚɧɫɨɜɢɚɤɬɢɜɢɱɢɢɬɨɭɫɥɨɜɢɹɢɡɢɫɤɜɚɬɞɨɫɬɚɜɤɚɧɚɚɤɬɢɜɢɬɟɜɪɚɦɤɢɬɟɧɚɞɚɞɟɧ

ɩɟɪɢɨɞɨɬɜɪɟɦɟɭɫɬɚɧɨɜɟɧɨɛɢɤɧɨɜɟɧɨɫɧɨɪɦɚɬɢɜɧɚɪɚɡɩɨɪɟɞɛɚɢɥɢɞɟɣɫɬɜɚɳɚɩɪɚɤɬɢɤɚɧɚɫɴɨɬɜɟɬɧɢɹɩɚɡɚɪ

ɪɟɞɨɜɧɢ ɩɨɤɭɩɤɢ ɫɟ ɩɪɢɡɧɚɜɚɬ ɧɚ ɞɚɬɚɬɚ ɧɚ ɬɴɪɝɭɜɚɧɟ ɫɞɟɥɤɚɬɚ ɬɟ ɧɚ ɞɚɬɚɬɚ ɧɚ ɤɨɹɬɨ Ⱦɪɭɠɟɫɬɜɨɬɨ ɫɟ ɟ

ɚɧɝɚɠɢɪɚɥɨɞɚɤɭɩɢɢɥɢɩɪɨɞɚɞɟɚɤɬɢɜɚ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɛɨɛɳɟɧɢɟɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɩɪɨɞɴɥɠɟɧɢɟ



ɟɎɢɧɚɧɫɨɜɢɢɧɫɬɪɭɦɟɧɬɢ±ɩɴɪɜɨɧɚɱɚɥɧɨɩɪɢɡɧɚɜɚɧɟɢɩɨɫɥɟɞɜɚɳɨɨɰɟɧɹɜɚɧɟɩɪɨɞɴɥɠɟɧɢɟ

Ɏɢɧɚɧɫɨɜɢɚɤɬɢɜɢɩɪɨɞɴɥɠɟɧɢɟ

ɉɨɫɥɟɞɜɚɳɨ ɨɰɟɧɹɜɚɧɟ

ɉɨɫɥɟɞɜɚɳɨɬɨɨɰɟɧɹɜɚɧɟɧɚɮɢɧɚɧɫɨɜɢɚɤɬɢɜɢɡɚɜɢɫɢɨɬɬɹɯɧɚɬɚɤɥɚɫɢɮɢɤɚɰɢɹɤɚɤɬɨɫɥɟɞɜɚ

Ɏɢɧɚɧɫɨɜɢ ɚɤɬɢɜɢ ɩɨ ɚɦɨɪɬɢɡɢɪɚɧɚ ɫɬɨɣɧɨɫɬ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɨɰɟɧɹɜɚ ɮɢɧɚɧɫɨɜɢɬɟ ɚɤɬɢɜɢ ɩɨ ɚɦɨɪɬɢɡɢɪɚɧɚ ɫɬɨɣɧɨɫɬ ɚɤɨ ɫɚ ɭɞɨɜɥɟɬɜɨɪɟɧɢ ɢ ɞɜɟɬɟ ɭɫɥɨɜɢɹ

ɢɡɥɨɠɟɧɢɩɨɞɨɥɭ

 Ɏɢɧɚɧɫɨɜɢɹɬ ɚɤɬɢɜ ɫɟ ɩɪɢɬɟɠɚɜɚ ɜ ɪɚɦɤɢɬɟ ɧɚ ɛɢɡɧɟɫ ɦɨɞɟɥ ɢɦɚɳ ɡɚ ɰɟɥ ɧɟɝɨɜɨɬɨ ɞɴɪɠɚɧɟ ɫ ɨɝɥɟɞ

ɩɨɥɭɱɚɜɚɧɟɧɚɞɨɝɨɜɨɪɧɢɬɟɩɚɪɢɱɧɢɩɨɬɨɰɢɨɬɧɟɝɨɢ

 ɍɫɥɨɜɢɹɬɚ ɧɚ ɞɨɝɨɜɨɪɚ ɡɚ ɮɢɧɚɧɫɨɜɢɹ ɚɤɬɢɜ ɩɨɪɚɠɞɚɬ ɩɚɪɢɱɧɢ ɩɨɬɨɰɢ ɧɚ ɤɨɧɤɪɟɬɧɢ ɞɚɬɢ ɤɨɢɬɨ

ɩɪɟɞɫɬɚɜɥɹɜɚɬɫɚɦɨɩɥɚɳɚɧɢɹɩɨɝɥɚɜɧɢɰɚɬɚɢɥɢɯɜɢɬɟɜɴɪɯɭɧɟɢɡɞɴɥɠɟɧɚɬɚɫɭɦɚɧɚɝɥɚɜɧɢɰɚɬɚ



Ɏɢɧɚɧɫɨɜɢɬɟɚɤɬɢɜɢɩɨɚɦɨɪɬɢɡɢɪɚɧɚɫɬɨɣɧɨɫɬɜɩɨɫɥɟɞɫɬɜɢɟɫɟɨɰɟɧɹɜɚɬɩɪɢɩɪɢɥɚɝɚɧɟɧɚɦɟɬɨɞɚɧɚɟɮɟɤɬɢɜɧɢɹ

ɥɢɯɜɟɧɩɪɨɰɟɧɬȿɅɉɢɫɚɩɪɟɞɦɟɬɧɚɨɛɟɡɰɟɧɤɚɉɟɱɚɥɛɢɬɟɢɡɚɝɭɛɢɬɟɫɟɩɪɢɡɧɚɜɚɬɜɩɟɱɚɥɛɚɬɚɢɥɢɡɚɝɭɛɚɬɚ

ɤɨɝɚɬɨɚɤɬɢɜɴɬɛɴɞɟɨɬɩɢɫɚɧɦɨɞɢɮɢɰɢɪɚɧɢɥɢɨɛɟɡɰɟɧɟɧ

Ɏɢɧɚɧɫɨɜɢɬɟ ɚɤɬɢɜɢ ɩɨ ɚɦɨɪɬɢɡɢɪɚɧɚ ɫɬɨɣɧɨɫɬ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɜɤɥɸɱɜɚɬ ɬɴɪɝɨɜɫɤɢ ɜɡɟɦɚɧɢɹ ɜɤɸɱɢɬɟɥɧɨ

ɜɡɟɦɚɧɢɹɩɨɩɪɨɞɚɠɛɢɫɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ

Ɉɬɩɢɫɜɚɧɟ

Ɏɢɧɚɧɫɨɜɚɤɬɢɜɢɥɢɤɨɝɚɬɨɟɩɪɢɥɨɠɢɦɨɱɚɫɬɨɬɮɢɧɚɧɫɨɜɚɤɬɢɜɢɥɢɱɚɫɬɨɬɝɪɭɩɚɨɬɫɯɨɞɧɢɮɢɧɚɧɫɨɜɢɚɤɬɢɜɢ

ɫɟɨɬɩɢɫɜɚɬɟɫɟɩɪɟɦɚɯɜɚɨɬɨɬɱɟɬɚɡɚɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɧɚȾɪɭɠɟɫɬɜɨɬɨɝɥɚɜɧɨɤɨɝɚɬɨ

 ɩɪɚɜɚɬɚɡɚɩɨɥɭɱɚɜɚɧɟɧɚɩɚɪɢɱɧɢɬɟɩɨɬɨɰɢɨɬɚɤɬɢɜɚɫɚɢɡɬɟɤɥɢɢɥɢ

 ɩɪɚɜɚɬɚ ɡɚ ɩɨɥɭɱɚɜɚɧɟ ɧɚ ɩɚɪɢɱɧɢ ɩɨɬɨɰɢ ɨɬ ɚɤɬɢɜɚ ɫɚ ɩɪɟɯɜɴɪɥɟɧɢ ɢɥɢ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɩɨɟɥɨ

ɡɚɞɴɥɠɟɧɢɟɬɨɞɚɩɥɚɬɢɧɚɩɴɥɧɨɩɨɥɭɱɟɧɢɬɟɩɚɪɢɱɧɢɩɨɬɨɰɢɛɟɡɫɴɳɟɫɬɜɟɧɚɡɚɛɚɜɚɤɴɦɬɪɟɬɚɫɬɪɚɧɚɱɪɟɡ

ɫɩɨɪɚɡɭɦɟɧɢɟɡɚɩɪɟɯɜɴɪɥɹɧɟɩɪɢɤɨɟɬɨɢɥɢɚȾɪɭɠɟɫɬɜɨɬɨɟɩɪɟɯɜɴɪɥɢɥɨɜɡɧɚɱɢɬɟɥɧɚɫɬɟɩɟɧɜɫɢɱɤɢ

ɪɢɫɤɨɜɟɢɩɨɥɡɢɨɬɫɨɛɫɬɜɟɧɨɫɬɬɚɜɴɪɯɭɚɤɬɢɜɚɢɥɢɛȾɪɭɠɟɫɬɜɨɬɨɧɢɬɨɟɩɪɟɯɜɴɪɥɢɥɨɧɢɬɨɟɡɚɩɚɡɢɥɨ

ɜɡɧɚɱɢɬɟɥɧɚɫɬɟɩɟɧɜɫɢɱɤɢɪɢɫɤɨɜɟɢɩɨɥɡɢɨɬɫɨɛɫɬɜɟɧɨɫɬɬɚɜɴɪɯɭɚɤɬɢɜɚɧɨɧɟɟɡɚɩɚɡɢɥɨɤɨɧɬɪɨɥɚ

ɜɴɪɯɭɧɟɝɨ

ɄɨɝɚɬɨȾɪɭɠɟɫɬɜɨɬɨɟɩɪɟɯɜɴɪɥɢɥɨɩɪɚɜɚɬɚɫɢɡɚɩɨɥɭɱɚɜɚɧɟɧɚɩɚɪɢɱɧɢ ɩɨɬɨɰɢ ɨɬ ɚɤɬɢɜɚ ɢɥɢ ɟ ɜɫɬɴɩɢɥɨ ɜ

ɫɩɨɪɚɡɭɦɟɧɢɟɡɚɩɪɟɯɜɴɪɥɹɧɟɬɨɩɪɚɜɢɨɰɟɧɤɚɧɚɬɨɜɚɞɚɥɢɢɞɨɤɚɤɜɚɫɬɟɩɟɧɟɡɚɩɚɡɢɥɨɪɢɫɤɨɜɟɬɟɢɩɨɥɡɢɬɟɨɬ

ɫɨɛɫɬɜɟɧɨɫɬɬɚɄɨɝɚɬɨɬɨ ɧɢɬɨɟɩɪɟɯɜɴɪɥɢɥɨɧɢɬɨ ɟɡɚɩɚɡɢɥɨɜ ɡɧɚɱɢɬɟɥɧɚɫɬɟɩɟɧɜɫɢɱɤɢ ɪɢɫɤɨɜɟɢɩɨɥɡɢɨɬ

ɫɨɛɫɬɜɟɧɨɫɬɬɚ ɜɴɪɯɭ ɮɢɧɚɧɫɨɜɢɹ ɚɤɬɢɜ ɧɢɬɨ ɟ ɩɪɟɯɜɴɪɥɢɥɨ ɤɨɧɬɪɨɥɚɜɴɪɯɭɧɟɝɨɬɨɩɪɨɞɴɥɠɚɜɚɞɚɩɪɢɡɧɚɜɚ

ɩɪɟɯɜɴɪɥɟɧɢɹɚɤɬɢɜɞɨɫɬɟɩɟɧɬɚɧɚɩɪɨɞɴɥɠɚɜɚɳɨɬɨɫɢɭɱɚɫɬɢɟɜɧɟɝɨȼɬɨɡɢɫɥɭɱɚɣȾɪɭɠɟɫɬɜɨɬɨɩɪɢɡɧɚɜɚɢ

ɫɜɴɪɡɚɧɨɬɨɡɚɞɴɥɠɟɧɢɟɉɪɟɯɜɴɪɥɟɧɢɹɬɚɤɬɢɜɢɫɜɴɪɡɚɧɨɬɨɡɚɞɴɥɠɟɧɢɟɫɟɨɰɟɧɹɜɚɬɧɚɛɚɡɚɤɨɹɬɨɨɬɪɚɡɹɜɚɩɪɚɜɚɬɚ

ɢɡɚɞɴɥɠɟɧɢɹɬɚɤɨɢɬɨȾɪɭɠɟɫɬɜɨɬɨɟɡɚɩɚɡɢɥɨ



ɉɪɨɞɴɥɠɚɜɚɳɨɭɱɚɫɬɢɟɤɨɟɬɨɟɩɨɞɮɨɪɦɚɬɚɧɚɝɚɪɚɧɰɢɹɜɴɪɯɭɩɪɟɯɜɴɪɥɟɧɢɹɚɤɬɢɜɫɟɨɰɟɧɹɜɚɩɨɩɨɧɢɫɤɚɬɚɨɬ

ɩɴɪɜɨɧɚɱɚɥɧɚɬɚɛɚɥɚɧɫɨɜɚɫɬɨɣɧɨɫɬɧɚɚɤɬɢɜɚɢɦɚɤɫɢɦɚɥɧɚɬɚɫɭɦɚɧɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨɤɨɟɬɨɦɨɠɟɞɚɫɟɢɡɢɫɤɚ

Ⱦɪɭɠɟɫɬɜɨɬɨɞɚɢɡɩɥɚɬɢ

 

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɛɨɛɳɟɧɢɟɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɩɪɨɞɴɥɠɟɧɢɟ



ɟɎɢɧɚɧɫɨɜɢɢɧɫɬɪɭɦɟɧɬɢ±ɩɴɪɜɨɧɚɱɚɥɧɨɩɪɢɡɧɚɜɚɧɟɢɩɨɫɥɟɞɜɚɳɨɨɰɟɧɹɜɚɧɟɩɪɨɞɴɥɠɟɧɢɟ

Ɏɢɧɚɧɫɨɜɢɚɤɬɢɜɢɩɪɨɞɴɥɠɟɧɢɟ

Ɉɛɟɡɰɟɧɤɚ ɧɚ ɮɢɧɚɧɫɨɜɢ ɚɤɬɢɜɢ

Ⱦɨɩɴɥɧɢɬɟɥɧɢ ɨɩɨɜɟɫɬɹɜɚɧɢɹ ɫɜɴɪɡɚɧɢ ɫ ɨɛɟɡɰɟɧɤɚɬɚ ɧɚ ɮɢɧɚɧɫɨɜɢɬɟ ɚɤɬɢɜɢ ɫɚ ɩɪɟɞɨɫɬɚɜɟɧɢ ɢ ɜ ɫɥɟɞɧɢɬɟ

ɩɨɹɫɧɢɬɟɥɧɢɛɟɥɟɠɤɢ

 ɈɩɨɜɟɫɬɹɜɚɧɢɹɧɚɫɴɳɟɫɬɜɟɧɢɩɪɟɞɩɨɥɨɠɟɧɢɹȻɟɥɟɠɤɚ

 ȼɡɟɦɚɧɢɹɨɬɩɪɨɞɚɠɛɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟȻɟɥɟɠɤɚ

 ɌɴɪɝɨɜɫɤɢɜɡɟɦɚɧɢɹȻɟɥɟɠɤɚ



ȾɪɭɠɟɫɬɜɨɬɨɩɪɢɡɧɚɜɚɩɪɨɜɢɡɢɹɡɚɨɱɚɤɜɚɧɢɤɪɟɞɢɬɧɢɡɚɝɭɛɢɈɄɁɡɚɜɫɢɱɤɢɞɴɥɝɨɜɢɢɧɫɬɪɭɦɟɧɬɢɤɨɢɬɨɧɟɫɟ

ɨɬɱɢɬɚɬɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɜɩɟɱɚɥɛɚɬɚɢɥɢɡɚɝɭɛɚɬɚɈɄɁɫɟ ɛɚɡɢɪɚɬ ɧɚ ɪɚɡɥɢɤɚɬɚ ɦɟɠɞɭ ɞɨɝɨɜɨɪɧɢɬɟ

ɩɚɪɢɱɧɢɩɨɬɨɰɢɞɴɥɠɢɦɢɫɴɝɥɚɫɧɨɭɫɥɨɜɢɹɬɚɧɚɞɨɝɨɜɨɪɚɢɜɫɢɱɤɢɩɚɪɢɱɧɢɩɨɬɨɰɢɤɨɢɬɨȾɪɭɠɟɫɬɜɨɬɨɨɱɚɤɜɚ

ɞɚɩɨɥɭɱɢɞɢɫɤɨɧɬɢɪɚɧɢɫɞɨɛɥɢɠɟɧɢɟɞɨɩɴɪɜɨɧɚɱɚɥɧɢɹɟɮɟɤɬɢɜɟɧɥɢɯɜɟɧɩɪɨɰɟɧɬɈɱɚɤɜɚɧɢɬɟɩɚɪɢɱɧɢɩɨɬɨɰɢ

ɜɤɥɸɱɜɚɬ ɩɚɪɢɱɧɢɬɟ ɩɨɬɨɰɢ ɨɬ ɩɪɨɞɚɠɛɚɬɚ ɧɚ ɞɴɪɠɚɧɨɬɨ ɨɛɟɡɩɟɱɟɧɢɟ ɢɥɢ ɞɪɭɝɢ ɤɪɟɞɢɬɧɢ ɩɨɞɨɛɪɟɧɢɹ ɤɨɢɬɨ

ɩɪɟɞɫɬɚɜɥɹɜɚɬɧɟɪɚɡɞɟɥɧɚɱɚɫɬɨɬɭɫɥɨɜɢɹɬɚɧɚɞɨɝɨɜɨɪɚ



ɉɨ ɨɬɧɨɲɟɧɢɟ ɧɚ ɬɴɪɝɨɜɫɤɢɬɟ ɜɡɟɦɚɧɢɹ Ⱦɪɭɠɟɫɬɜɨɬɨ ɩɪɢɥɚɝɚ ɨɩɪɨɫɬɟɧ ɩɨɞɯɨɞ ɡɚ ɢɡɱɢɫɥɟɧɢɟ ɧɚ ɈɄɁ

ɋɥɟɞɨɜɚɬɟɥɧɨɬɨɧɟɩɪɨɫɥɟɞɹɜɚɩɪɨɦɟɧɢɬɟɜɤɪɟɞɢɬɧɢɹɪɢɫɤɚɜɦɟɫɬɨɬɨɜɚɩɪɢɡɧɚɜɚɩɪɨɜɢɡɢɹɡɚɡɚɝɭɛɚɜɴɡɨɫɧɨɜɚ

ɧɚɈɄɁɡɚɰɟɥɢɹɫɪɨɤɧɚɢɧɫɬɪɭɦɟɧɬɚɤɴɦɜɫɹɤɚɨɬɱɟɬɧɚɞɚɬɚȾɪɭɠɟɫɬɜɨɬɨɟɫɴɡɞɚɥɨɦɚɬɪɢɰɚɡɚɩɪɨɜɢɡɢɪɚɧɟ

ɤɨɹɬɨ ɫɟ ɛɚɡɢɪɚ ɧɚ ɢɫɬɨɪɢɱɟɫɤɢɹ ɨɩɢɬ ɩɨ ɨɬɧɨɲɟɧɢɟ ɧɚ ɤɪɟɞɢɬɧɢɬɟ ɡɚɝɭɛɢ ɤɨɪɢɝɢɪɚɧɚ ɫ ɩɪɨɝɧɨɡɧɢ ɮɚɤɬɨɪɢ

ɫɩɟɰɢɮɢɱɧɢɡɚɞɥɴɠɧɢɰɢɬɟɢɡɚɢɤɨɧɨɦɢɱɟɫɤɚɬɚɫɪɟɞɚ

Ⱦɪɭɠɟɫɬɜɨɬɨɚɧɚɥɢɡɢɪɚɜɡɟɦɚɧɢɹɬɚɨɬɩɪɨɞɚɠɛɚɧɚɥɢɡɢɧɝɢɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɢɧɞɢɜɢɞɭɚɥɧɨɤɚɬɨɜɡɟɦɚɩɨɞ

ɜɧɢɦɚɧɢɟɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɧɚɨɛɟɡɩɟɱɟɧɢɟɬɨɩɨɞɨɝɨɜɨɪɚɧɚɦɚɥɟɧɨɫɴɫɫɭɦɢɬɟɤɨɢɬɨɛɢɯɚɛɢɥɢɜɴɪɧɚɬɢ

ɧɚɤɥɢɟɧɬɚɩɪɢɟɜɟɧɬɭɚɥɧɨɩɪɟɤɪɚɬɹɜɚɧɟɧɚɞɨɝɨɜɨɪɚɇɚɛɚɡɚɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɪɟɰɟɧɤɢɩɪɟɞɫɬɚɜɟɧɢ

ɜȻɟɥɟɠɤɚɤɴɦɞɟɤɟɦɜɪɢɝȾɪɭɠɟɫɬɜɨɬɨɧɟɨɬɱɢɬɚɩɪɨɜɢɡɢɹɩɨɨɬɧɨɲɟɧɢɟɧɚɜɡɟɦɚɧɢɹɬɚɨɬɩɪɨɞɚɠɛɚ

ɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ

Ɏɢɧɚɧɫɨɜɢɩɚɫɢɜɢ

ɉɴɪɜɨɧɚɱɚɥɧɨ ɩɪɢɡɧɚɜɚɧɟ ɢ ɨɰɟɧɹɜɚɧɟ

ɉɪɢ ɩɴɪɜɨɧɚɱɚɥɧɨ ɩɪɢɡɧɚɜɚɧɟ ɮɢɧɚɧɫɨɜɢɬɟ ɩɚɫɢɜɢ ɫɟ ɤɥɚɫɢɮɢɰɢɪɚɬ ɤɚɬɨɬɚɤɢɜɚɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɜ

ɩɟɱɚɥɛɚɬɚɢɥɢɡɚɝɭɛɚɬɚɢɥɢɤɚɬɨɡɚɟɦɢɢɩɪɢɜɥɟɱɟɧɢɫɪɟɞɫɬɜɚɡɚɞɴɥɠɟɧɢɹɢɥɢɤɚɬɨɞɟɪɢɜɚɬɢɜɢɨɩɪɟɞɟɥɟɧɢɤɚɬɨ

ɯɟɞɠɢɧɝɨɜɢɢɧɫɬɪɭɦɟɧɬɢɜɟɮɟɤɬɢɜɟɧɯɟɞɠɤɚɤɬɨɟɭɦɟɫɬɧɨ



ɉɴɪɜɨɧɚɱɚɥɧɨɜɫɢɱɤɢɮɢɧɚɧɫɨɜɢɩɚɫɢɜɢɫɟɩɪɢɡɧɚɜɚɬɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɚɜɫɥɭɱɚɹɧɚɡɚɟɦɢɢɩɪɢɜɥɟɱɟɧɢ

ɫɪɟɞɫɬɜɚɢɡɚɞɴɥɠɟɧɢɹɧɟɬɧɨɨɬɩɪɹɤɨɫɜɴɪɡɚɧɢɬɟɪɚɡɯɨɞɢɩɨɫɞɟɥɤɚɬɚ



Ɏɢɧɚɧɫɨɜɢɬɟ ɩɚɫɢɜɢ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɜɤɥɸɱɜɚɬ ɬɴɪɝɨɜɫɤɢ ɢ ɞɪɭɝɢ ɡɚɞɴɥɠɟɧɢɹ ɢ ɡɚɞɴɥɠɟɧɢɹ ɡɚ ɢɡɩɥɚɳɚɧɟ ɧɚ

ɞɢɜɢɞɟɧɬɢ

ɉɨɫɥɟɞɜɚɳɨ ɨɰɟɧɹɜɚɧɟ

Ɉɰɟɧɹɜɚɧɟɬɨɧɚɮɢɧɚɧɫɨɜɢɬɟɩɚɫɢɜɢɡɚɜɢɫɢɨɬɬɹɯɧɚɬɚɤɥɚɫɢɮɢɤɚɰɢɹɤɚɤɬɨɟɨɩɢɫɚɧɨɩɨɞɨɥɭ

Ɍɴɪɝɨɜɫɤɢ ɢ ɞɪɭɝɢ ɡɚɞɴɥɠɟɧɢɹ

ɋɥɟɞɩɴɪɜɨɧɚɱɚɥɧɨɬɨɢɦɩɪɢɡɧɚɜɚɧɟɬɴɪɝɨɜɫɤɢɬɟɢɞɪɭɝɢɡɚɞɴɥɠɟɧɢɹɫɟɨɰɟɧɹɜɚɬɩɨɚɦɨɪɬɢɡɢɪɚɧɚɫɬɨɣɧɨɫɬɩɪɢ

ɢɡɩɨɥɡɜɚɧɟɧɚɦɟɬɨɞɚɧɚɟɮɟɤɬɢɜɧɢɹɥɢɯɜɟɧɩɪɨɰɟɧɬȿɅɉɉɟɱɚɥɛɢɬɟɢɡɚɝɭɛɢɬɟɫɟɩɪɢɡɧɚɜɚɬɜɩɟɱɚɥɛɚɬɚɢɥɢ

ɡɚɝɭɛɚɬɚɤɨɝɚɬɨɩɚɫɢɜɴɬɫɟɨɬɩɢɫɜɚɤɚɤɬɨɢɱɪɟɡɩɪɨɰɟɫɚɧɚɚɦɨɪɬɢɡɚɰɢɹɧɚɛɚɡɚȿɅɉ

Ⱥɦɨɪɬɢɡɢɪɚɧɚɬɚ ɫɬɨɣɧɨɫɬ ɫɟ ɢɡɱɢɫɥɹɜɚ ɤɚɬɨ ɫɟ ɜɡɟɦɚɬ ɩɨɞ ɜɧɢɦɚɧɢɟ ɜɫɹɤɚɤɜɢ ɞɢɫɤɨɧɬɢ ɢɥɢ ɩɪɟɦɢɢ ɩɪɢ

ɩɪɢɞɨɛɢɜɚɧɟɬɨɢɬɚɤɫɢɢɥɢɪɚɡɯɨɞɢɤɨɢɬɨɫɚɧɟɪɚɡɞɟɥɧɚɱɚɫɬɨɬȿɅɉȺɦɨɪɬɢɡɚɰɢɹɬɚɩɨȿɅɉɫɟɜɤɥɸɱɜɚɜɴɜ

ɮɢɧɚɧɫɨɜɢɬɟɪɚɡɯɨɞɢɜɨɬɱɟɬɚɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɛɨɛɳɟɧɢɟɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɩɪɨɞɴɥɠɟɧɢɟ



ɟɎɢɧɚɧɫɨɜɢɢɧɫɬɪɭɦɟɧɬɢ±ɩɴɪɜɨɧɚɱɚɥɧɨɩɪɢɡɧɚɜɚɧɟɢɩɨɫɥɟɞɜɚɳɨɨɰɟɧɹɜɚɧɟɩɪɨɞɴɥɠɟɧɢɟ

Ɏɢɧɚɧɫɨɜɢɩɚɫɢɜɢɩɪɨɞɴɥɠɟɧɢɟ

Ɉɬɩɢɫɜɚɧɟ

ɎɢɧɚɧɫɨɜɩɚɫɢɜɫɟɨɬɩɢɫɜɚɤɨɝɚɬɨɡɚɞɴɥɠɟɧɢɟɬɨɛɴɞɟɩɨɝɚɫɟɧɨɢɥɢɩɪɟɤɪɚɬɟɧɨɢɥɢɢɡɬɟɱɟɄɨɝɚɬɨɫɴɳɟɫɬɜɭɜɚɳ

ɮɢɧɚɧɫɨɜɩɚɫɢɜɛɴɞɟɡɚɦɟɧɟɧɫɞɪɭɝɨɬɫɴɳɢɹɤɪɟɞɢɬɨɞɚɬɟɥɩɪɢɫɴɜɴɪɲɟɧɨɪɚɡɥɢɱɧɢɭɫɥɨɜɢɹɢɥɢɭɫɥɨɜɢɹɬɚɧɚ

ɫɴɳɟɫɬɜɭɜɚɳɩɚɫɢɜɛɴɞɚɬɫɴɳɟɫɬɜɟɧɨɩɪɨɦɟɧɟɧɢɬɚɡɢɪɚɡɦɹɧɚɢɥɢɦɨɞɢɮɢɤɚɰɢɹɫɟɬɪɟɬɢɪɚɤɚɬɨɨɬɩɢɫɜɚɧɟɧɚ

ɩɴɪɜɨɧɚɱɚɥɧɢɹ ɩɚɫɢɜ ɢ ɩɪɢɡɧɚɜɚɧɟ ɧɚ ɧɨɜ Ɋɚɡɥɢɤɚɬɚ ɜ ɫɴɨɬɜɟɬɧɢɬɟ ɛɚɥɚɧɫɨɜɢ ɫɭɦɢ ɫɟ ɩɪɢɡɧɚɜɚ ɜ ɨɬɱɟɬɚ ɡɚ

ɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞ

ɠɄɨɦɩɟɧɫɢɪɚɧɟɧɚɮɢɧɚɧɫɨɜɢɢɧɫɬɪɭɦɟɧɬɢ

Ɏɢɧɚɧɫɨɜɢɬɟɚɤɬɢɜɢɢɮɢɧɚɧɫɨɜɢɬɟɩɚɫɢɜɢɫɟɤɨɦɩɟɧɫɢɪɚɬɢɧɟɬɧɚɬɚɫɭɦɚɫɟɩɪɟɞɫɬɚɜɹɜɨɬɱɟɬɚɡɚɮɢɧɚɫɨɜɨɬɨ

ɫɴɫɬɨɹɧɢɟɤɨɝɚɬɨɢɫɚɦɨɤɨɝɚɬɨɟɧɚɥɢɰɟɸɪɢɞɢɱɟɫɤɢɭɩɪɚɠɧɹɟɦɨɩɪɚɜɨɡɚɤɨɦɩɟɧɫɢɪɚɧɟɧɚɩɪɢɡɧɚɬɢɬɟɫɭɦɢɢ

Ⱦɪɭɠɟɫɬɜɨɬɨɢɦɚɧɚɦɟɪɟɧɢɟɡɚɭɪɟɠɞɚɧɟɧɚɧɟɬɧɚɛɚɡɚɢɥɢɡɚɟɞɧɨɜɪɟɦɟɧɧɨɪɟɚɥɢɡɢɪɚɧɟɧɚɚɤɬɢɜɢɬɟɢɭɪɟɠɞɚɧɟ

ɧɚɩɚɫɢɜɢɬɟ

ɡɈɰɟɧɹɜɚɧɟɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ

Ⱦɪɭɠɟɫɬɜɨɬɨɨɰɟɧɹɜɚɫɜɨɢɬɟɧɟɮɢɧɚɧɫɨɜɢɚɤɬɢɜɢɤɚɬɨɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɢɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɴɪɠɚɧɢɡɚ

ɩɪɨɞɚɠɛɚɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɤɴɦɨɬɱɟɬɧɚɬɚɞɚɬɚɋɩɪɚɜɟɞɥɢɜɢɬɟɫɬɨɣɧɨɫɬɢɧɚɮɢɧɚɧɫɨɜɢɬɟɚɤɬɢɜɢɨɰɟɧɟɧɢ

ɩɨɚɦɨɪɬɢɡɢɪɚɧɚɫɬɨɣɧɨɫɬɫɚɨɩɨɜɟɫɬɟɧɢɜȻɟɥɟɠɤɚ

ɋɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɟɰɟɧɚɬɚɤɨɹɬɨɛɢɛɢɥɚɩɨɥɭɱɟɧɚɨɬɩɪɨɞɚɠɛɚɧɚɚɤɬɢɜɢɥɢɩɥɚɬɟɧɚɡɚɩɪɟɯɜɴɪɥɹɧɟɧɚ

ɩɚɫɢɜɜɨɛɢɱɚɣɧɚɫɞɟɥɤɚɦɟɠɞɭɩɚɡɚɪɧɢɭɱɚɫɬɧɢɰɢɤɴɦɞɚɬɚɬɚɧɚɨɰɟɧɤɚɬɚɈɰɟɧɹɜɚɧɟɬɨɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ

ɫɟɛɚɡɢɪɚɧɚɩɪɟɞɩɨɥɨɠɟɧɢɟɬɨɱɟɫɞɟɥɤɚɬɚɡɚɩɪɨɞɚɠɛɚɧɚɚɤɬɢɜɢɥɢɩɪɟɯɜɴɪɥɹɧɟɧɚɩɚɫɢɜɫɟɨɫɴɳɟɫɬɜɹɜɚ

x ɧɚɨɫɧɨɜɧɢɹɩɚɡɚɪɡɚɫɴɨɬɜɟɬɧɢɹɚɤɬɢɜɢɥɢɩɚɫɢɜɢɥɢ

x ɩɪɢɨɬɫɴɫɬɜɢɟɧɚɨɫɧɨɜɟɧɩɚɡɚɪɧɚɧɚɣɢɡɝɨɞɧɢɹɩɚɡɚɪɡɚɫɴɨɬɜɟɬɧɢɹɚɤɬɢɜɢɥɢɩɚɫɢɜ

ɈɫɧɨɜɧɢɹɬɢɥɢɧɚɣɢɡɝɨɞɧɢɹɬɩɚɡɚɪɬɪɹɛɜɚɞɚɛɴɞɟɞɨɫɬɴɩɟɧɡɚȾɪɭɠɟɫɬɜɨɬɨ

ɋɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɧɚɚɤɬɢɜɢɥɢɩɚɫɢɜɫɟɨɰɟɧɹɜɚɤɚɬɨɫɟɩɪɚɜɹɬɩɪɟɞɩɨɥɨɠɟɧɢɹɤɨɢɬɨɩɚɡɚɪɧɢɭɱɚɫɬɧɢɰɢ

ɛɢɯɚɧɚɩɪɚɜɢɥɢɩɪɢɨɩɪɟɞɟɥɹɧɟɧɚɰɟɧɚɬɚɧɚɚɤɬɢɜɚɢɥɢɩɚɫɢɜɚɤɚɬɨɫɟɩɪɢɟɦɚɱɟɬɟɞɟɣɫɬɜɚɬɜɫɜɨɹɧɚɣɞɨɛɴɪ

ɢɤɨɧɨɦɢɱɟɫɤɢɢɧɬɟɪɟɫ

Ɉɰɟɧɹɜɚɧɟɬɨɧɚɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɧɚɧɟɮɢɧɚɧɫɨɜɚɤɬɢɜɜɡɟɦɚɩɪɟɞɜɢɞɫɩɨɫɨɛɧɨɫɬɬɚɧɚɩɚɡɚɪɟɧɭɱɚɫɬɧɢɤɞɚ

ɝɟɧɟɪɢɪɚɢɤɨɧɨɦɢɱɟɫɤɢɢɡɝɨɞɢɨɬɢɡɩɨɥɡɜɚɧɟɬɨɧɚɚɤɬɢɜɚɫɩɨɪɟɞɧɚɣɟɮɟɤɬɢɜɧɚɬɚɢɧɚɣɞɨɛɪɚɬɚɦɭɭɩɨɬɪɟɛɚɢɥɢ

ɨɬɩɪɨɞɚɠɛɚɬɚɧɚɚɤɬɢɜɚɧɚɞɪɭɝɩɚɡɚɪɟɧɭɱɚɫɬɧɢɤɤɨɣɬɨɳɟɢɡɩɨɥɡɜɚ ɚɤɬɢɜɚ ɫɩɨɪɟɞ ɧɚɣɟɮɟɤɬɢɜɧɚɬɚ ɢ ɧɚɣ

ɞɨɛɪɚɬɚɦɭɭɩɨɬɪɟɛɚ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɢɡɩɨɥɡɜɚ ɨɰɟɧɢɬɟɥɫɤɢ ɦɟɬɨɞɢ ɭɦɟɫɬɧɢ ɩɪɢ ɨɛɫɬɨɹɬɟɥɫɬɜɚɬɚ ɡɚ ɤɨɢɬɨ ɢɦɚ ɞɨɫɬɚɬɴɱɧɨ ɞɚɧɧɢ ɡɚ

ɨɰɟɧɹɜɚɧɟ ɧɚ ɫɩɪɚɜɟɞɥɢɜɚɬɚ ɫɬɨɣɧɨɫɬɤɚɬɨ ɫɟ ɦɚɤɫɢɦɢɡɢɪɚ ɢɡɩɨɥɡɜɚɧɟɬɨ ɧɚ ɩɨɞɯɨɞɹɳɢɧɚɛɥɸɞɚɜɚɧɢ ɜɯɨɞɹɳɢ

ɞɚɧɧɢɢɫɟɫɜɟɠɞɚɞɨɦɢɧɢɦɭɦɢɡɩɨɥɡɜɚɧɟɬɨɧɚɧɟɧɚɛɥɸɞɚɜɚɧɢɜɯɨɞɹɳɢɞɚɧɧɢ





ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɛɨɛɳɟɧɢɟɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɩɪɨɞɴɥɠɟɧɢɟ



ɡɈɰɟɧɹɜɚɧɟɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɩɪɨɞɴɥɠɟɧɢɟ

ȼɫɢɱɤɢɚɤɬɢɜɢ ɢɩɚɫɢɜɢɤɨɢɬɨ ɫɚɨɰɟɧɟɧɢ ɩɨɫɩɪɚɜɟɞɥɢɜɚ ɫɬɨɣɧɨɫɬ ɢɥɢɡɚ ɤɨɢɬɨ ɫɟɢɡɢɫɤɜɚ ɨɩɨɜɟɫɬɹɜɚɧɟɧɚ

ɫɩɪɚɜɟɞɥɢɜɚ ɫɬɨɣɧɨɫɬ ɜɴɜ ɮɢɧɚɧɫɨɜɢɹ ɨɬɱɟɬ ɫɚ ɝɪɭɩɢɪɚɧɢ ɜ ɤɚɬɟɝɨɪɢɢ ɫɩɨɪɟɞ ɣɟɪɚɪɯɢɹɬɚ ɧɚ ɫɩɪɚɜɟɞɥɢɜɚɬɚ

ɫɬɨɣɧɨɫɬ ɤɚɤɬɨ ɟ ɨɩɢɫɚɧɨ ɩɨɞɨɥɭ ɜɴɡ ɨɫɧɨɜɚ ɧɚ ɧɚɣɧɢɫɤɨɬɨ ɧɢɜɨ ɢɡɩɨɥɡɜɚɧɢ ɜɯɨɞɹɳɢ ɞɚɧɧɢ ɤɨɢɬɨ ɢɦɚɬ

ɡɧɚɱɢɬɟɥɧɨɜɥɢɹɧɢɟɩɪɢɨɰɟɧɹɜɚɧɟɬɨɧɚɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɤɚɬɨɰɹɥɨ

x ɇɢɜɨ±ɂɡɩɨɥɡɜɚɬɫɟɤɨɬɢɪɚɧɢɧɟɤɨɪɢɝɢɪɚɧɢɰɟɧɢɧɚɚɤɬɢɜɧɢɩɚɡɚɪɢɡɚɢɞɟɧɬɢɱɧɢɚɤɬɢɜɢɢɥɢɩɚɫɢɜɢ

x ɇɢɜɨ  ± ɉɪɢɥɚɝɚɬ ɫɟ ɨɰɟɧɢɬɟɥɫɤɢ ɦɟɬɨɞɢ ɩɪɢ ɤɨɢɬɨ ɧɚɣɧɢɫɤɨɬɨ ɧɢɜɨ ɢɡɩɨɥɡɜɚɧɢ ɜɯɨɞɹɳɢ ɞɚɧɧɢ

ɫɴɳɟɫɬɜɟɧɢɡɚɨɰɟɧɤɚɬɚɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɫɚɧɚɛɥɸɞɚɜɚɧɢɢɥɢɩɪɹɤɨɢɥɢɤɨɫɜɟɧɨ

x ɇɢɜɨ  ± ɂɡɩɨɥɡɜɚɬ ɫɟ ɨɰɟɧɢɬɟɥɫɤɢ ɦɟɬɨɞɢ ɩɪɢ ɤɨɢɬɨ ɧɚɣɧɢɫɤɨɬɨ ɧɢɜɨ ɢɡɩɨɥɡɜɚɧɢ ɜɯɨɞɹɳɢ ɞɚɧɧɢ

ɫɴɳɟɫɬɜɟɧɢɡɚɨɰɟɧɤɚɬɚɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɫɚɧɟɧɚɛɥɸɞɚɜɚɧɢ

Ɂɚ ɚɤɬɢɜɢɬɟ ɢ ɩɚɫɢɜɢɬɟ ɤɨɢɬɨ ɫɟ ɨɰɟɧɹɜɚɬ ɪɟɝɭɥɹɪɧɨ ɩɨ ɫɩɪɚɜɟɞɥɢɜɚ ɫɬɨɣɧɨɫɬ Ⱦɪɭɠɟɫɬɜɨɬɨ ɩɪɟɪɚɡɝɥɟɠɞɚ

ɤɚɬɟɝɨɪɢɡɢɪɚɧɟɬɨɢɦɧɚɫɴɨɬɜɟɬɧɨɬɨɧɢɜɨɨɬɣɟɪɚɪɯɢɹɬɚɧɚɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɜɴɡɨɫɧɨɜɚɧɚɧɚɣɧɢɫɤɨɬɨ

ɧɢɜɨɢɡɩɨɥɡɜɚɧɢɜɯɨɞɹɳɢɞɚɧɧɢɤɨɢɬɨɢɦɚɬɡɧɚɱɢɬɟɥɧɨɜɥɢɹɧɢɟɩɪɢɨɰɟɧɹɜɚɧɟɬɨɧɚɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɤɚɬɨ

ɰɹɥɨɤɴɦɤɪɚɹɧɚɨɬɱɟɬɧɢɹɩɟɪɢɨɞɢɨɩɪɟɞɟɥɹɞɚɥɢɢɦɚɧɟɨɛɯɨɞɢɦɨɫɬɨɬɢɡɜɴɪɲɜɚɧɟɧɚɬɪɚɧɫɮɟɪɢɨɬɟɞɧɨɧɢɜɨ

ɜɞɪɭɝɨ

Ɋɴɤɨɜɨɞɫɬɜɨɬɨ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɨɩɪɟɞɟɥɹ ɩɨɥɢɬɢɤɢɬɟ ɢ ɩɪɨɰɟɞɭɪɢɬɟ ɤɨɢɬɨ ɫɟ ɩɪɢɥɚɝɚɬ ɩɨ ɨɬɧɨɲɟɧɢɟ ɧɚ

ɪɟɝɭɥɹɪɧɢɬɟɨɰɟɧɤɢɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɤɚɬɨɬɟɡɢɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɢɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɴɪɠɚɧɢ

ɡɚɩɪɨɞɚɠɛɚ

Ɉɛɢɤɧɨɜɟɧɨɡɚɨɰɟɧɹɜɚɧɟɬɨɧɚɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɢɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɴɪɠɚɧɢ

ɡɚ ɩɪɨɞɚɠɛɚ ɫɟ ɚɧɝɚɠɢɪɚɬ ɜɴɧɲɧɢ ɧɟɡɚɜɢɫɢɦɢ ɨɰɟɧɢɬɟɥɢ ȼɴɧɲɧɢɬɟ ɨɰɟɧɢɬɟɥɢ ɫɟ ɢɡɛɢɪɚɬ ɧɚ ɛɚɡɚ ɧɚ ɬɟɯɧɢɹ

ɩɪɨɮɟɫɢɨɧɚɥɟɧɨɩɢɬɤɚɱɟɫɬɜɚɢɪɟɩɭɬɚɰɢɹɋɥɟɞɨɛɫɴɠɞɚɧɟɫɴɫɫɩɟɰɢɚɥɢɫɬɢɬɟɨɰɟɧɢɬɟɥɢɪɴɤɨɜɨɞɫɬɜɨɬɨɪɟɲɚɜɚ

ɤɨɢɨɰɟɧɢɬɟɥɫɤɢɦɟɬɨɞɢɢɜɯɨɞɹɳɢɞɚɧɧɢɫɚɧɚɣɭɦɟɫɬɧɢɞɚɛɴɞɚɬɢɡɩɨɥɡɜɚɧɢɩɪɢɜɫɟɤɢɤɨɧɤɪɟɬɟɧɫɥɭɱɚɣ

Ʉɴɦɜɫɹɤɚɨɬɱɟɬɧɚɞɚɬɚɪɴɤɨɜɨɞɫɬɜɨɬɨɩɪɚɜɢɚɧɚɥɢɡɧɚɢɡɦɟɧɟɧɢɹɬɚɜɫɬɨɣɧɨɫɬɢɬɟɧɚɚɤɬɢɜɢɬɟɤɨɢɬɨɩɨɞɥɟɠɚɬ

ɧɚɩɪɟɨɰɟɧɹɜɚɧɟɫɴɝɥɚɫɧɨɫɱɟɬɨɜɨɞɧɢɬɟɩɨɥɢɬɢɤɢɧɚȾɪɭɠɟɫɬɜɨɬɨɌɨɜɚɜɤɥɸɱɜɚɩɪɟɝɥɟɞɧɚɤɥɸɱɨɜɢɬɟɜɯɨɞɹɳɢ

ɞɚɧɧɢɢɡɩɨɥɡɜɚɧɢɜɩɨɫɥɟɞɧɚɬɚɨɰɟɧɤɚɢɫɪɚɜɧɹɜɚɧɟɬɨɢɦɫɩɨɞɯɨɞɹɳɚɢɫɬɨɪɢɱɟɫɤɚɢɧɮɨɪɦɚɰɢɹɤɚɬɨɫɤɥɸɱɟɧɢ

ɞɨɝɨɜɨɪɢ ɢ ɞɪɭɝɢ ɩɨɞɯɨɞɹɳɢ ɞɨɤɭɦɟɧɬɢ ɋɴɳɨ ɬɚɤɚ ɪɴɤɨɜɨɞɫɬɜɨɬɨ ɫɴɜɦɟɫɬɧɨ ɫɴɫ ɫɩɟɰɢɚɥɢɫɬɢɬɟɨɰɟɧɢɬɟɥɢ

ɫɪɚɜɧɹɜɚɩɪɨɦɟɧɢɬɟɜɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɧɚɜɫɟɤɢɚɤɬɢɜɢɥɢɩɚɫɢɜɫɩɨɞɯɨɞɹɳɢɜɴɧɲɧɢɢɡɬɨɱɧɢɰɢɡɚɞɚ

ɩɪɟɰɟɧɢɞɚɥɢɩɪɨɦɟɧɢɬɟɫɚɪɚɡɭɦɧɢ

ɁɚɰɟɥɢɬɟɧɚɨɩɨɜɟɫɬɹɜɚɧɟɬɨɧɚɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬȾɪɭɠɟɫɬɜɨɬɨɨɩɪɟɞɟɥɹɪɚɡɥɢɱɧɢɤɥɚɫɨɜɟɚɤɬɢɜɢɢɩɚɫɢɜɢ

ɜɡɚɜɢɫɢɦɨɫɬɨɬɬɹɯɧɨɬɨɟɫɬɟɫɬɜɨɯɚɪɚɤɬɟɪɢɫɬɢɤɢɢɪɢɫɤɢɨɬɫɴɨɬɜɟɬɧɨɬɨɧɢɜɨɨɬɣɟɪɚɪɯɢɹɬɚɧɚɫɩɪɚɜɟɞɥɢɜɚɬɚ

ɫɬɨɣɧɨɫɬɨɩɢɫɚɧɚɩɨɝɨɪɟ

ɢɈɫɧɨɜɟɧɤɚɩɢɬɚɥ

Ɉɛɢɤɧɨɜɟɧɢ ɩɨɢɦɟɧɧɢ ɛɟɡɧɚɥɢɱɧɢ ɚɤɰɢɢ ɫɟ ɤɥɚɫɢɮɢɰɢɪɚɬ ɤɚɬɨ ɨɫɧɨɜɟɧ ɤɚɩɢɬɚɥ ɉɨɫɬɴɩɥɟɧɢɹɬɚ ɨɬ ɢɡɞɚɞɟɧɢ

ɚɤɰɢɢɧɚɞɬɹɯɧɚɬɚɧɨɦɢɧɚɥɧɚɫɬɨɣɧɨɫɬɫɟɨɬɱɢɬɚɬɤɚɬɨɩɪɟɦɢɣɧɢɪɟɡɟɪɜɢ

Ɋɚɡɯɨɞɢɬɟ ɩɨ ɟɦɢɫɢɹɬɚ ɧɚ ɧɨɜɢ ɚɤɰɢɢ ɤɨɢɬɨ ɫɚ ɩɪɹɤɨ ɫɜɴɪɡɚɧɢ ɫ ɧɟɹ ɫɟ ɨɬɱɢɬɚɬ ɜ ɫɨɛɫɬɜɟɧɢɹ ɤɚɩɢɬɚɥ ɤɚɬɨ

ɧɚɦɚɥɟɧɢɟɧɚɩɨɫɬɴɩɥɟɧɢɹɬɚɨɬɟɦɢɫɢɹɬɚɤɚɬɨɫɟɟɥɢɦɢɧɢɪɚɟɮɟɤɬɴɬɧɚɞɚɧɴɰɢɬɟɜɴɪɯɭɞɨɯɨɞɚ

Ɂɚɞɴɥɠɟɧɢɟɡɚɩɚɪɢɱɧɢɪɚɡɩɪɟɞɟɥɟɧɢɹɤɴɦɚɤɰɢɨɧɟɪɢɬɟɫɟɩɪɢɡɧɚɜɚɤɨɝɚɬɨɪɚɡɩɪɟɞɟɥɟɧɢɟɬɨɟɨɞɨɛɪɟɧɨɨɬɬɹɯ

ɢɥɢɢɡɢɫɤɭɟɦɨɩɨɡɚɤɨɧɢɧɟɡɚɜɢɫɢɨɬȾɪɭɠɟɫɬɜɨɬɨɄɨɪɟɫɩɨɧɞɢɪɚɳɚɬɚɫɭɦɚɫɟɞɟɛɢɬɢɪɚɞɢɪɟɤɬɧɨɜɫɨɛɫɬɜɟɧɢɹ

ɤɚɩɢɬɚɥ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɛɨɛɳɟɧɢɟɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɩɪɨɞɴɥɠɟɧɢɟ



ɣɂɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ

ɂɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɫɚɢɦɨɬɢɞɴɪɠɚɧɢɡɚɩɨɥɭɱɚɜɚɧɟɧɚɩɪɢɯɨɞɢɨɬɧɚɟɦɢɢɥɢɡɚɭɜɟɥɢɱɟɧɢɟɫɬɨɣɧɨɫɬɬɚɧɚ

ɤɚɩɢɬɚɥɚ ɢɥɢ ɢ ɡɚ ɞɜɟɬɟ ɂɧɜɟɫɬɢɰɢɨɧɧɢɬɟ ɢɦɨɬɢ ɫɟ ɨɰɟɧɹɜɚɬ ɩɴɪɜɨɧɚɱɚɥɧɨ ɩɨ ɰɟɧɚ ɧɚ ɩɪɢɞɨɛɢɜɚɧɟ ɤɨɹɬɨ

ɜɤɥɸɱɜɚɪɚɡɯɨɞɢɬɟɩɨɫɞɟɥɤɚɬɚɉɨɫɥɟɞɜɚɳɢɬɟɪɚɡɯɨɞɢɫɜɴɪɡɚɧɢɫɢɧɜɟɫɬɢɰɢɨɧɟɧɢɦɨɬɤɨɣɬɨɜɟɱɟɟɩɪɢɡɧɚɬɫɟ

ɜɤɥɸɱɜɚɬɜɧɟɝɨɜɚɬɚɛɚɥɚɧɫɨɜɚɫɬɨɣɧɨɫɬɤɨɝɚɬɨɟɜɟɪɨɹɬɧɨɱɟȾɪɭɠɟɫɬɜɨɬɨɳɟɩɨɥɭɱɢɛɴɞɟɳɢɢɤɨɧɨɦɢɱɟɫɤɢ

ɢɡɝɨɞɢɫɜɴɪɡɚɧɢɫɚɤɬɢɜɚɢɤɨɝɚɬɨɰɟɧɚɬɚɧɚɩɪɢɞɨɛɢɜɚɧɟɧɚɚɤɬɢɜɚɦɨɠɟɞɚɛɴɞɟɧɚɞɟɠɞɧɨɨɰɟɧɟɧɚ

ɋɥɟɞ ɩɴɪɜɨɧɚɱɚɥɧɨɬɨ ɩɪɢɡɧɚɜɚɧɟɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟ ɢɦɨɬɢ ɫɟ ɨɬɱɢɬɚɬ ɩɨ ɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ ɤɨɹɬɨ ɨɬɪɚɡɹɜɚ

ɩɚɡɚɪɧɢɬɟ ɭɫɥɨɜɢɹ ɤɴɦ ɨɬɱɟɬɧɚɬɚ ɞɚɬɚ ɉɟɱɚɥɛɢɬɟ ɢɥɢ ɡɚɝɭɛɢɬɟ ɜɴɡɧɢɤɜɚɳɢ ɨɬ ɩɪɨɦɟɧɢ ɜ ɫɩɪɚɜɟɞɥɢɜɢɬɟ

ɫɬɨɣɧɨɫɬɢ ɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟ ɢɦɨɬɢ ɫɟ ɩɪɢɡɧɚɜɚɬ ɜ ɩɟɱɚɥɛɚɬɚ ɢɥɢ ɡɚɝɭɛɚɬɚ ɡɚ ɨɬɱɟɬɧɢɹ ɩɟɪɢɨɞ ɜ ɤɨɹɬɨ

ɜɴɡɧɢɤɜɚɬ

ɂɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢɫɟɨɬɩɢɫɜɚɬɩɪɢɨɫɜɨɛɨɠɞɚɜɚɧɟɢɥɢɤɨɝɚɬɨɢɧɜɟɫɬɢɰɢɨɧɧɢɹɬɢɦɨɬɟɬɪɚɣɧɨɢɡɜɚɞɟɧɨɬ

ɭɩɨɬɪɟɛɚ ɢ ɧɢɤɚɤɜɢ ɛɴɞɟɳɢ ɢɤɨɧɨɦɢɱɟɫɤɢ ɢɡɝɨɞɢ ɧɟ ɫɟ ɨɱɚɤɜɚɬ ɨɬ ɧɟɝɨɜɨɬɨ ɨɫɜɨɛɨɠɞɚɜɚɧɟ ɉɟɱɚɥɛɢɬɟ ɢɥɢ

ɡɚɝɭɛɢɬɟɩɪɨɢɡɬɢɱɚɳɢɨɬɢɡɜɚɠɞɚɧɟɬɨɨɬɭɩɨɬɪɟɛɚɢɥɢɨɫɜɨɛɨɠɞɚɜɚɧɟɬɨɨɬɢɧɜɟɫɬɢɰɢɨɧɟɧɢɦɨɬɫɟɜɤɥɸɱɜɚɬɜ

ɨɬɱɟɬɚɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞɜɩɟɪɢɨɞɚɧɚɢɡɜɚɠɞɚɧɟɬɨɨɬɭɩɨɬɪɟɛɚɢɥɢɨɫɜɨɛɨɠɞɚɜɚɧɟɬɨ

ɂɧɜɟɫɬɢɰɢɨɧɧɢɬɟ ɢɦɨɬɢ ɫɟ ɬɪɚɧɫɮɟɪɢɪɚɬ ɤɴɦ ɢɧɜɟɫɬɢɰɢɨɧɧɢ ɢɦɨɬɢ ɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚɩɪɢɧɚɥɢɱɢɟɬɨɧɚ

ɩɨɞɩɢɫɚɧɩɪɟɞɜɚɪɢɬɟɥɟɧɞɨɝɨɜɨɪɡɚɩɪɨɞɚɠɛɚɢɱɚɫɬɢɱɧɨɚɜɚɧɫɨɜɨɩɥɚɳɚɧɟɨɬɫɬɪɚɧɚɧɚɤɥɢɟɧɬɚ

ɤɂɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚ

Ⱦɪɭɠɟɫɬɜɨɬɨɤɥɚɫɢɮɢɰɢɪɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɤɚɬɨɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚɤɨɝɚɬɨɬɹɯɧɚɬɚɛɚɥɚɧɫɨɜɚɫɬɨɣɧɨɫɬ

ɳɟɛɴɞɟɜɴɡɫɬɚɧɨɜɟɧɚɩɨɫɤɨɪɨɱɪɟɡɩɪɨɞɚɠɛɚɨɬɤɨɥɤɨɬɨɱɪɟɡɩɪɨɞɴɥɠɚɜɚɳɚɭɩɨɬɪɟɛɚɁɚɞɚɛɴɞɟɬɚɤɴɜɫɥɭɱɚɹɬ

ɢɦɨɬɢɬɟɬɪɹɛɜɚɞɚɛɴɞɚɬɧɚɪɚɡɩɨɥɨɠɟɧɢɟɡɚɧɟɡɚɛɚɜɧɚɩɪɨɞɚɠɛɚɜɬɹɯɧɨɬɨɧɚɫɬɨɹɳɨɫɴɫɬɨɹɧɢɟɢɩɪɨɞɚɠɛɚɬɚɟ

ɦɧɨɝɨ ɜɟɪɨɹɬɧɨ ɞɚ ɛɴɞɟ ɨɫɴɳɟɫɬɜɟɧɚ ɜ ɦɟɫɟɱɟɧ ɫɪɨɤ Ⱦɪɭɠɟɫɬɜɨɬɨ ɨɰɟɧɹɜɚ ɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟ ɢɦɨɬɢ

ɤɥɚɫɢɮɢɰɢɪɚɧɢɤɚɬɨɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚɩɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ

ɋɴɛɢɬɢɹɢɥɢɨɛɫɬɨɹɬɟɥɫɬɜɚɦɨɝɚɬɞɚɭɞɴɥɠɚɬɩɟɪɢɨɞɚɡɚɩɪɢɤɥɸɱɜɚɧɟɧɚɩɪɨɞɚɠɛɚɬɚɞɨɩɟɪɢɨɞɧɚɞɜɢɲɚɜɚɳɟɞɧɚ

ɝɨɞɢɧɚȺɤɬɢɜɩɪɨɞɴɥɠɚɜɚɞɚɛɴɞɟɤɥɚɫɢɮɢɰɢɪɚɧɤɚɬɨɚɤɬɢɜɞɴɪɠɚɧɡɚɩɪɨɞɚɠɛɚɚɤɨɡɚɛɚɜɹɧɟɬɨɟɩɨɪɨɞɟɧɨɨɬ

ɫɴɛɢɬɢɹɢɥɢɨɛɫɬɨɹɬɟɥɫɬɜɚɢɡɜɴɧɤɨɧɬɪɨɥɚɧɚȾɪɭɠɟɫɬɜɨɬɨɢɬɨɨɫɬɚɜɚɨɛɜɴɪɡɚɧɨɫɩɥɚɧɚɫɢɡɚɩɪɨɞɚɠɛɚɧɚɚɤɬɢɜɚ

ɥɅɢɡɢɧɝ

ɇɚɞɚɬɚɬɚɧɚɜɥɢɡɚɧɟɧɚɞɨɝɨɜɨɪɚɜɫɢɥɚȾɪɭɠɟɫɬɜɨɬɨɩɪɟɰɟɧɹɜɚɞɚɥɢɞɨɝɨɜɨɪɴɬɩɪɟɞɫɬɚɜɥɹɜɚɢɥɢɫɴɞɴɪɠɚɥɢɡɢɧɝ

Ⱥ ɢɦɟɧɧɨ ɞɚɥɢ ɞɨɝɨɜɨɪɴɬ ɩɪɟɯɜɴɪɥɹ ɩɪɚɜɨɬɨ ɞɚ ɫɟ ɤɨɧɬɪɨɥɢɪɚ ɢɡɩɨɥɡɜɚɧɟɬɨ ɧɚ ɢɞɟɧɬɢɮɢɰɢɪɚɧɢɹ ɚɤɬɢɜ ɡɚ

ɨɩɪɟɞɟɥɟɧɩɟɪɢɨɞɨɬɜɪɟɦɟ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɤɚɬɨ ɥɢɡɢɧɝɨɞɚɬɟɥ

Ʌɢɡɢɧɝɨɜɢ ɞɨɝɨɜɨɪɢ ɩɪɢ ɤɨɢɬɨ ɞɪɭɠɟɫɬɜɨɬɨ ɧɟ ɩɪɟɯɜɴɪɥɹ ɜ ɡɧɚɱɢɬɟɥɧɚ ɫɬɟɩɟɧ ɜɫɢɱɤɢ ɪɢɫɤɨɜɟ ɢ ɩɨɥɡɢ ɨɬ

ɫɨɛɫɬɜɟɧɨɫɬɬɚ ɜɴɪɯɭ ɚɤɬɢɜɚ ɫɟ ɤɥɚɫɢɮɢɰɢɪɚɬ ɤɚɬɨ ɨɩɟɪɚɬɢɜɧɢ ɥɢɡɢɧɝɢ ȼɴɡɧɢɤɜɚɳɢɬɟ ɩɪɢɯɨɞɢ ɨɬ ɧɚɟɦɢ ɫɟ

ɨɬɱɢɬɚɬɧɚɥɢɧɟɣɧɚɛɚɡɚɡɚɫɪɨɤɚɧɚɥɢɡɢɧɝɨɜɢɹɞɨɝɨɜɨɪɢɫɟɜɤɥɸɱɜɚɬɜɩɪɢɯɨɞɢɬɟɜɨɬɱɟɬɚɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞ

ɩɨɪɚɞɢɨɩɟɪɚɬɢɜɧɢɹɫɢɯɚɪɚɤɬɟɪ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɛɨɛɳɟɧɢɟɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɩɪɨɞɴɥɠɟɧɢɟ



ɦɈɩɟɪɚɬɢɜɧɢɫɟɝɦɟɧɬɢ

ɈɩɟɪɚɬɢɜɟɧɫɟɝɦɟɧɬɟɤɨɦɩɨɧɟɧɬɧɚȾɪɭɠɟɫɬɜɨɬɨ

ɚɤɨɣɬɨɩɪɟɞɩɪɢɟɦɚɛɢɡɧɟɫɞɟɣɧɨɫɬɢɨɬɤɨɢɬɨɦɨɠɟɞɚɩɨɥɭɱɚɜɚɩɪɢɯɨɞɢɢɩɨɧɚɫɹɪɚɡɯɨɞɢɜɤɥɸɱɢɬɟɥɧɨ

ɩɪɢɯɨɞɢɢɪɚɡɯɨɞɢɫɜɴɪɡɚɧɢɫɴɫɫɞɟɥɤɢɫɞɪɭɝɢɤɨɦɩɨɧɟɧɬɢɧɚȾɪɭɠɟɫɬɜɨɬɨ

ɛɱɢɢɬɨɨɩɟɪɚɬɢɜɧɢɪɟɡɭɥɬɚɬɢɪɟɞɨɜɧɨɫɟɩɪɟɝɥɟɠɞɚɬɨɬɪɴɤɨɜɨɞɫɬɜɨɬɨɧɚȾɪɭɠɟɫɬɜɨɬɨɜɡɟɦɚɳɨɝɥɚɜɧɢɬɟ

ɨɩɟɪɚɬɢɜɧɢ ɪɟɲɟɧɢɹ ɩɪɢ ɜɡɟɦɚɧɟɬɨ ɧɚ ɪɟɲɟɧɢɹ ɨɬɧɨɫɧɨ ɪɟɫɭɪɫɢɬɟ ɤɨɢɬɨ ɞɚ ɛɴɞɚɬ ɪɚɡɩɪɟɞɟɥɟɧɢ ɤɴɦ

ɫɟɝɦɟɧɬɚɢɨɰɟɧɹɜɚɧɟɧɚɪɟɡɭɥɬɚɬɢɬɟɨɬɞɟɣɧɨɫɬɬɚɦɭɢ

ɜɡɚɤɨɣɬɨɟɧɚɥɢɰɟɨɬɞɟɥɧɚɮɢɧɚɧɫɨɜɚɢɧɮɨɪɦɚɰɢɹ

Ⱦɜɚ ɢɥɢ ɩɨɜɟɱɟ ɨɩɟɪɚɬɢɜɧɢ ɫɟɝɦɟɧɬɚ ɫɟ ɨɛɟɞɢɧɹɜɚɬ ɜ ɟɞɢɧ ɨɩɟɪɚɬɢɜɟɧ ɫɟɝɦɟɧɬ ɚɤɨ ɫɟɝɦɟɧɬɢɬɟ ɢɦɚɬ ɫɯɨɞɧɢ

ɢɤɨɧɨɦɢɱɟɫɤɢɯɚɪɚɤɬɟɪɢɫɬɢɤɢɢɫɟɝɦɟɧɬɢɬɟɫɚɫɯɨɞɧɢɜɴɜɜɫɹɤɨɨɬɫɥɟɞɧɢɬɟɨɬɧɨɲɟɧɢɹ

ɚɟɫɬɟɫɬɜɨɬɨɧɚɭɫɥɭɝɢɬɟ

ɛɜɢɞɚɢɥɢɤɥɚɫɚɤɥɢɟɧɬɢɡɚɬɟɯɧɢɬɟɭɫɥɭɝɢ

ɜɦɟɬɨɞɢɬɟɢɡɩɨɥɡɜɚɧɢɡɚɩɪɟɞɨɫɬɚɜɹɧɟɧɚɬɟɯɧɢɬɟɭɫɥɭɝɢɢ

ɝɟɫɬɟɫɬɜɨɬɨɧɚɪɟɝɭɥɚɬɢɜɧɚɬɚɫɪɟɞɚɨɬɧɚɫɹɳɚɫɟɞɨɨɛɳɟɫɬɜɟɧɢɭɫɥɭɝɢ

Ⱦɪɭɠɟɫɬɜɨɬɨɩɪɟɞɫɬɚɜɹɨɬɞɟɥɟɧɜɴɧɲɟɧɤɥɢɟɧɬɤɚɬɨɨɫɧɨɜɟɧɤɥɢɟɧɬɚɤɨɬɨɣɝɟɧɟɪɢɪɚɢɥɢɩɨɜɟɱɟɨɬɧɟɝɨɜɢɬɟ

ɩɪɢɯɨɞɢ

Ʉɴɦ  ɞɟɤɟɦɜɪɢ  ɝ ɢ  ɝ Ⱦɪɭɠɟɫɬɜɨɬɨ ɧɟ ɨɬɱɢɬɚ ɨɬɞɟɥɧɢ ɨɩɟɪɚɬɢɜɧɢ ɫɟɝɦɟɧɬɢ Ⱦɨɩɴɥɧɢɬɟɥɧɚ

ɢɧɮɨɪɦɚɰɢɹɡɚɩɪɢɯɨɞɢɬɟɨɬɜɴɧɲɧɢɤɥɢɟɧɬɢɟɩɪɟɞɫɬɚɜɟɧɚɜȻɟɥɟɠɤɚ

ɧɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɢɩɚɪɢɱɧɢɟɤɜɢɜɚɥɟɧɬɢ

ɉɚɪɢɱɧɢɬɟɫɪɟɞɫɬɜɚɢɩɚɪɢɱɧɢɬɟɟɤɜɢɜɚɥɟɧɬɢɜɤɥɸɱɜɚɬɩɚɪɢɱɧɢɫɪɟɞɫɬɜɚɜɛɪɨɣɢɬɟɤɭɳɢɫɦɟɬɤɢɢɞɟɩɨɡɢɬɢɜ

ɛɚɧɤɢɫɩɚɞɟɠɞɨɦɟɫɟɰɚɊɴɤɨɜɨɞɫɬɜɨɬɨɧɚȾɪɭɠɟɫɬɜɨɬɨɫɱɢɬɚɱɟɞɟɩɨɡɢɬɢɬɟɫɩɚɞɟɠɧɚɞɦɟɫɟɰɚɨɬɝɨɜɚɪɹɬ

ɧɚɤɪɢɬɟɪɢɢɬɟɡɚɩɚɪɢɱɟɧɟɤɜɢɜɚɥɟɧɬɬɴɣɤɚɬɨɫɚɥɟɫɧɨɨɛɪɚɬɢɦɢɜɩɚɪɢɩɪɢɧɟɫɴɳɟɫɬɜɟɧɚɡɚɝɭɛɚɧɚɫɬɨɣɧɨɫɬ

Ɍɟɡɢ ɞɟɩɨɡɢɬɢ ɫɚ ɨɛɪɚɬɢɦɢɜ ɩɚɪɢɛɟɡ ɩɢɫɦɟɧɨ ɢɡɜɟɫɬɢɟ ɢ ɛɟɡ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɞɚ ɫɟ ɧɚɱɢɫɥɹɜɚɬ ɧɟɭɫɬɨɣɤɢɡɚ

ɩɪɟɞɫɪɨɱɧɨɩɪɟɤɪɚɬɹɜɚɧɟ

Ɂɚ ɰɟɥɢɬɟ ɧɚ ɨɬɱɟɬɚ ɡɚ ɩɚɪɢɱɧɢɬɟ ɩɨɬɨɰɢ ɩɚɪɢɱɧɢɬɟ ɫɪɟɞɫɬɜɚ ɢ ɩɚɪɢɱɧɢɬɟ ɟɤɜɢɜɚɥɟɧɬɢ ɜɤɥɸɱɜɚɬ ɩɚɪɢɱɧɢɬɟ

ɫɪɟɞɫɬɜɚɢɩɚɪɢɱɧɢɟɤɜɢɜɚɥɟɧɬɢɤɚɤɬɨɬɟɫɚɞɟɮɢɧɢɪɚɧɢɩɨɝɨɪɟȾɪɭɠɟɫɬɜɨɬɨɨɬɱɢɬɚɩɨɤɭɩɤɢɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢ

ɢɦɨɬɢɢɩɨɫɬɴɩɥɟɧɢɹɨɬɩɪɨɞɚɠɛɢɢɧɚɟɦɢɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɤɚɬɨɱɚɫɬɨɬɩɚɪɢɱɧɢɬɟɩɨɬɨɰɢɨɬɨɩɟɪɚɬɢɜɧɚ

ɞɟɣɧɨɫɬɬɴɣɤɚɬɨɬɟɩɪɟɞɫɬɚɜɥɹɜɚɬɨɫɧɨɜɧɢɹɩɪɟɞɦɟɬɧɚɞɟɣɧɨɫɬɧɚȾɪɭɠɟɫɬɜɨɬɨ

ɨɉɪɨɜɢɡɢɢ

Ɉɛɳɢ

ɉɪɨɜɢɡɢɢɫɟɩɪɢɡɧɚɜɚɬɤɨɝɚɬɨȾɪɭɠɟɫɬɜɨɬɨɢɦɚɫɟɝɚɲɧɨɡɚɞɴɥɠɟɧɢɟɩɪɚɜɧɨɢɥɢɤɨɧɫɬɪɭɤɬɢɜɧɨɜɪɟɡɭɥɬɚɬɧɚ

ɦɢɧɚɥɢɫɴɛɢɬɢɹɤɨɝɚɬɨɢɦɚɜɟɪɨɹɬɧɨɫɬɡɚɩɨɝɚɫɹɜɚɧɟɧɚɡɚɞɴɥɠɟɧɢɟɬɨ ɞɚ ɛɴɞɟ ɧɟɨɛɯɨɞɢɦ ɩɨɬɨɤ ɨɬ ɪɟɫɭɪɫɢ

ɫɴɞɴɪɠɚɳɢɤɨɧɨɦɢɱɟɫɤɢɩɨɥɡɢɢɤɨɝɚɬɨɦɨɠɟɞɚɛɴɞɟɧɚɩɪɚɜɟɧɚɧɚɞɟɠɞɧɚɨɰɟɧɤɚɧɚɫɬɨɣɧɨɫɬɬɚɧɚɡɚɞɴɥɠɟɧɢɟɬɨ

ɄɨɝɚɬɨȾɪɭɠɟɫɬɜɨɬɨ ɨɱɚɤɜɚ ɱɟ ɧɹɤɨɢɢɥɢ ɜɫɢɱɤɢ ɧɟɨɛɯɨɞɢɦɢ ɡɚɭɪɟɠɞɚɧɟɬɨ ɧɚɩɪɨɜɢɡɢɹɬɚ ɪɚɡɯɨɞɢ ɳɟɛɴɞɚɬ

ɜɴɡɫɬɚɧɨɜɟɧɢɧɚɩɪɢɦɟɪɫɴɝɥɚɫɧɨɡɚɫɬɪɚɯɨɜɚɬɟɥɟɧɞɨɝɨɜɨɪɜɴɡɫɬɚɧɨɜɹɜɚɧɟɬɨɫɟɩɪɢɡɧɚɜɚɤɚɬɨɨɬɞɟɥɟɧɚɤɬɢɜɧɨ

ɫɚɦɨ ɬɨɝɚɜɚ ɤɨɝɚɬɨ ɟ ɩɪɚɤɬɢɱɟɫɤɢ ɫɢɝɭɪɧɨ ɱɟ ɬɟɡɢ ɪɚɡɯɨɞɢ ɳɟ ɛɴɞɚɬ ɜɴɡɫɬɚɧɨɜɟɧɢ Ɋɚɡɯɨɞɢɬɟ ɡɚ ɩɪɨɜɢɡɢɢ ɫɟ

ɩɪɟɞɫɬɚɜɹɬ ɜ ɨɬɱɟɬɚ ɡɚ ɜɫɟɨɛɯɜɚɬɧɢɹ ɞɨɯɨɞ ɧɟɬɧɨ ɨɬ ɫɭɦɚɬɚ ɧɚ ɜɴɡɫɬɚɧɨɜɟɧɢɬɟ ɪɚɡɯɨɞɢ Ʉɨɝɚɬɨ ɟɮɟɤɬɴɬ ɨɬ

ɜɪɟɦɟɜɢɬɟɪɚɡɥɢɤɢɜɫɬɨɣɧɨɫɬɬɚɧɚɩɚɪɢɬɟɟɫɴɳɟɫɬɜɟɧɩɪɨɜɢɡɢɢɬɟɫɟɞɢɫɤɨɧɬɢɪɚɬɤɚɬɨɫɟɢɡɩɨɥɡɜɚɬɟɤɭɳɚɧɨɪɦɚ

ɧɚɞɢɫɤɨɧɬɢɪɚɧɟɩɪɟɞɢɞɚɧɴɰɢɤɨɹɬɨɨɬɪɚɡɹɜɚɤɨɝɚɬɨɟɭɦɟɫɬɧɨɫɩɟɰɢɮɢɱɧɢɬɟɡɚɡɚɞɴɥɠɟɧɢɟɬɨɪɢɫɤɨɜɟɄɨɝɚɬɨ

ɫɟɢɡɩɨɥɡɜɚɞɢɫɤɨɧɬɢɪɚɧɟɭɜɟɥɢɱɟɧɢɟɬɨɧɚɩɪɨɜɢɡɢɹɬɚɜɪɟɡɭɥɬɚɬɧɚɢɡɦɢɧɚɥɨɬɨɜɪɟɦɟɫɟɩɪɟɞɫɬɚɜɹɤɚɬɨɮɢɧɚɧɫɨɜ

ɪɚɡɯɨɞ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɛɨɛɳɟɧɢɟɧɚɫɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɩɪɨɞɴɥɠɟɧɢɟ



ɩɁɚɞɴɥɠɟɧɢɟɡɚɞɢɜɢɞɟɧɬɢ

ɋɴɝɥɚɫɧɨɁɚɤɨɧɚɡɚɞɪɭɠɟɫɬɜɚɬɚɫɴɫɫɩɟɰɢɚɥɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥɢɞɪɭɠɟɫɬɜɚɬɚɡɚɫɟɤɸɪɢɬɢɡɚɰɢɹɁȾɋɂɐȾɋ

Ⱦɪɭɠɟɫɬɜɨɬɨɟɡɚɞɴɥɠɟɧɨɞɚɪɚɡɩɪɟɞɟɥɢɤɚɬɨɞɢɜɢɞɟɧɬɧɟɩɨɦɚɥɤɨɨɬɨɬɮɢɧɚɧɫɨɜɢɹɪɟɡɭɥɬɚɬɫɱɟɬɨɜɨɞɧɚ

ɩɟɱɚɥɛɚɡɚɝɨɞɢɧɚɬɚɤɨɪɢɝɢɪɚɧɫɟɮɟɤɬɚɨɬɩɨɫɥɟɞɜɚɳɢɨɰɟɧɤɢɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢɢɫɟɮɟɤɬɚɨɬɜɫɢɱɤɢ

ɫɞɟɥɤɢɫ ɢɧɜɟɫɬɢɰɢɨɧɧɢ ɢɦɨɬɢ ɢɡɜɴɪɲɟɧɢɩɪɟɡ ɝɨɞɢɧɚɬɚ Ɉɩɪɟɞɟɥɟɧɢɹɬ ɫɴɝɥɚɫɧɨ ɢɡɢɫɤɜɚɧɢɹɬɚɧɚɁȾɋɂɐȾɋ

ɦɢɧɢɦɚɥɟɧ ɪɚɡɦɟɪ ɧɚ ɡɚɞɴɥɠɟɧɢɟɬɨ ɡɚ ɞɢɜɢɞɟɧɬɢ ɡɚ ɬɟɤɭɳɢɹ ɨɬɱɟɬɟɧɩɟɪɢɨɞɫɟɨɬɱɢɬɚɜɧɚɦɚɥɟɧɢɟɧɚ

ɧɟɪɚɡɩɪɟɞɟɥɟɧɚɬɚɩɟɱɚɥɛɚɜɬɟɤɭɳɢɹɩɟɪɢɨɞɚɪɚɡɥɢɤɚɬɚɦɟɠɞɭɮɢɧɚɥɧɢɹɬɨɞɨɛɪɟɧɨɬɚɤɰɢɨɧɟɪɢɬɟɞɢɜɢɞɟɧɬɢ

ɦɢɧɢɦɚɥɧɨ ɢɡɢɫɤɭɟɦɢɹɬ ɬɚɤɴɜ ɫɟ ɨɬɱɢɬɚ ɜ ɫɥɟɞɜɚɳɢɹ ɨɬɱɟɬɟɧ ɩɟɪɢɨɞ ɫɥɟɞ ɪɟɲɟɧɢɟ ɧɚ Ɉɛɳɨɬɨ ɫɴɛɪɚɧɢɟ ɧɚ

ɚɤɰɢɨɧɟɪɢɬɟɜɧɚɦɚɥɟɧɢɟɧɚɧɟɪɚɡɩɪɟɞɟɥɟɧɚɬɚɩɟɱɚɥɛɚ

Ⱦɢɜɢɞɟɧɬɢɬɟɫɟɢɡɩɥɚɳɚɬɜɫɪɨɤɦɟɫɟɰɚɨɬɤɪɚɹɧɚɫɴɨɬɜɟɬɧɚɬɚɮɢɧɚɧɫɨɜɚɝɨɞɢɧɚ

ɉɪɨɦɟɧɢɜɫɱɟɬɨɜɨɞɧɢɬɟɩɨɥɢɬɢɤɢɢɨɩɨɜɟɫɬɹɜɚɧɢɹ

ɇɨɜɢɢɢɡɦɟɧɟɧɢɫɬɚɧɞɚɪɬɢɢɪɚɡɹɫɧɟɧɢɹ



Ⱦɪɭɠɟɫɬɜɨɬɨɟɩɪɢɥɨɠɢɥɨɡɚɩɴɪɜɢɩɴɬɧɹɤɨɢɫɬɚɧɞɚɪɬɢɢɢɡɦɟɧɟɧɢɹɤɨɢɬɨɜɥɢɡɚɬɜɫɢɥɚɡɚɝɨɞɢɲɧɢɩɟɪɢɨɞɢ

ɡɚɩɨɱɜɚɳɢɧɚɢɥɢɫɥɟɞɹɧɭɚɪɢɝ



x ɆɋɎɈȻɢɡɧɟɫɤɨɦɛɢɧɚɰɢɢɆɋɋɂɦɨɬɢɦɚɲɢɧɢɢɫɴɨɪɴɠɟɧɢɹɆɋɋɉɪɨɜɢɡɢɢɭɫɥɨɜɧɢɩɚɫɢɜɢ

ɢɭɫɥɨɜɧɢɚɤɬɢɜɢɤɚɤɬɨɢȽɨɞɢɲɧɢɩɨɞɨɛɪɟɧɢɹɝɂɡɦɟɧɟɧɢɹ

ɂɡɦɟɧɟɧɢɹɬɚɜɥɢɡɚɬɜɫɢɥɚɡɚɝɨɞɢɲɧɢɩɟɪɢɨɞɢɡɚɩɨɱɜɚɳɢɧɚɢɥɢɫɥɟɞɹɧɭɚɪɢɝɤɚɬɨɫɟɩɨɡɜɨɥɹɜɚɩɨ

ɪɚɧɧɨɬɨɢɦɩɪɢɥɚɝɚɧɟɋɆɋɋɩɭɛɥɢɤɭɜɚɢɡɦɟɧɟɧɢɹɫɬɟɫɟɧɨɛɯɜɚɬɜɆɋɎɈɤɚɤɬɨɫɥɟɞɜɚ

x ɆɋɎɈ  Ȼɢɡɧɟɫ ɤɨɦɛɢɧɚɰɢɢ ɂɡɦɟɧɟɧɢɹ  ɚɤɬɭɚɥɢɡɢɪɚ ɫɟ ɩɪɟɩɪɚɬɤɚɬɚ ɤɴɦ ɩɪɟɞɢɲɧɚɬɚ ɜɟɪɫɢɹ ɧɚ

ɄɨɧɰɟɩɬɭɚɥɧɚɬɚɪɚɦɤɚɡɚɮɢɧɚɧɫɨɜɚɨɬɱɟɬɧɨɫɬɧɚɋɆɋɋɜɆɋɎɈɫɩɪɟɩɪɚɬɤɚɤɴɦɚɤɬɭɚɥɧɚɬɚɣɜɟɪɫɢɹ

ɩɭɛɥɢɤɭɜɚɧɚ ɩɪɟɡ  ɝ ɛɟɡ ɫɴɳɟɫɬɜɟɧɢ ɩɪɨɦɟɧɢ ɜ ɢɡɢɫɤɜɚɧɢɹɬɚ ɡɚ ɫɱɟɬɨɜɨɞɧɨ ɨɬɱɢɬɚɧɟ ɧɚ ɛɢɡɧɟɫ

ɤɨɦɛɢɧɚɰɢɢɬɟ

x Ɇɋɋɂɦɨɬɢɦɚɲɢɧɢɢɫɴɨɪɴɠɟɧɢɹɂɡɦɟɧɟɧɢɹɡɚɛɪɚɧɹɜɚɫɟɧɚɩɪɟɞɩɪɢɹɬɢɹɬɚɞɚɩɪɢɫɩɚɞɚɬɨɬ

ɰɟɧɚɬɚɧɚɩɪɢɞɨɛɢɜɚɧɟɧɚɢɦɨɬɦɚɲɢɧɚɢɫɴɨɪɴɠɟɧɢɟɤɚɤɜɢɬɨɢɞɚɛɢɥɨɩɨɫɬɴɩɥɟɧɢɹɨɬɩɪɨɞɚɠɛɚɬɚɧɚ

ɚɪɬɢɤɭɥɢɩɪɨɢɡɜɟɞɟɧɢɞɨɤɚɬɨɬɨɡɢɚɤɬɢɜɛɢɜɚɩɪɢɜɟɠɞɚɧɞɨɦɹɫɬɨɬɨɢɫɴɫɬɨɹɧɢɟɬɨɧɟɨɛɯɨɞɢɦɢɡɚɞɚ

ɦɨɠɟɬɨɣɞɚɮɭɧɤɰɢɨɧɢɪɚɩɨɧɚɱɢɧɚɩɪɟɞɜɢɞɟɧɨɬɪɴɤɨɜɨɞɫɬɜɨɬɨȼɦɟɫɬɨɬɨɜɚɩɪɟɞɩɪɢɹɬɢɹɬɚɩɪɢɡɧɚɜɚɬ

ɬɟɡɢɩɪɢɯɨɞɢɨɬɩɪɨɞɚɠɛɢɢɫɜɴɪɡɚɧɢɬɟɫɬɹɯɪɚɡɯɨɞɢɡɚɩɪɨɢɡɜɨɞɫɬɜɨɜɩɟɱɚɥɛɚɬɚɢɥɢɡɚɝɭɛɚɬɚ

x Ɇɋɋ  ɉɪɨɜɢɡɢɢ ɭɫɥɨɜɧɢ ɩɚɫɢɜɢ ɢ ɭɫɥɨɜɧɢ ɚɤɬɢɜɢ ɂɡɦɟɧɟɧɢɹ ± ɭɩɨɦɟɧɚɜɚ ɫɟ ɤɨɢ ɪɚɡɯɨɞɢ

ɩɪɟɞɩɪɢɹɬɢɟɬɨɫɥɟɞɜɚɞɚɜɤɥɸɱɜɚɩɪɢɨɩɪɟɞɟɥɹɧɟɬɨɧɚɰɟɧɚɬɚɡɚɢɡɩɴɥɧɟɧɢɟɧɚɞɚɞɟɧɞɨɝɨɜɨɪɡɚɰɟɥɢɬɟ

ɧɚ ɩɪɟɰɟɧɤɚɬɚ ɞɚɥɢɞɨɝɨɜɨɪɴɬ ɟɨɛɪɟɦɟɧɢɬɟɥɟɧ ɂɡɦɟɧɟɧɢɹɬɚ ɩɨɹɫɧɹɜɚɬ ɱɟ ɪɚɡɯɨɞɢɬɟ ɤɨɢɬɨ ɫɚ ɩɪɹɤɨ

ɫɜɴɪɡɚɧɢɫɞɨɝɨɜɨɪɡɚɩɪɟɞɨɫɬɚɜɹɧɟɧɚɫɬɨɤɢɢɥɢɭɫɥɭɝɢɜɤɥɸɱɜɚɬɤɚɤɬɨɜɴɬɪɟɲɧɨɩɪɢɫɴɳɢɬɟɪɚɡɯɨɞɢ

ɬɚɤɚɢɪɚɡɩɪɟɞɟɥɟɧɢɟɧɚɪɚɡɯɨɞɢɩɪɹɤɨɫɜɴɪɡɚɧɢɫɞɟɣɧɨɫɬɢɬɟɩɨɞɨɝɨɜɨɪɚ

x Ƚɨɞɢɲɧɢ ɩɨɞɨɛɪɟɧɢɹ ɝ  ɜɴɜɟɠɞɚɬ ɫɟ ɧɟɡɧɚɱɢɬɟɥɧɢ ɢɡɦɟɧɟɧɢɹ ɜ ɆɋɎɈɉɪɢɥɚɝɚɧɟɡɚ

ɩɴɪɜɢ ɩɴɬ ɧɚ Ɇɟɠɞɭɧɚɪɨɞɧɢɬɟ ɫɬɚɧɞɚɪɬɢ ɡɚ ɮɢɧɚɧɫɨɜɨ ɨɬɱɢɬɚɧɟ ɆɋɎɈ  Ɏɢɧɚɧɫɨɜɢ

ɢɧɫɬɪɭɦɟɧɬɢɆɋɋɁɟɦɟɞɟɥɢɟɢɢɥɸɫɬɪɚɬɢɜɧɢɬɟɩɪɢɦɟɪɢɜɤɥɸɱɟɧɢɤɴɦɆɋɎɈɅɢɡɢɧɝ



ɌɟɡɢɢɡɦɟɧɟɧɢɹɧɟɫɚɨɤɚɡɚɥɢɜɥɢɹɧɢɟɜɴɪɯɭɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬɧɚȾɪɭɠɟɫɬɜɨɬɨ



x ɆɋɎɈɅɢɡɢɧɝɈɬɫɬɴɩɤɢɩɨɧɚɟɦɢɜɤɨɧɬɟɤɫɬɚɧɚ&RYLGɫɥɟɞɸɧɢɝɂɡɦɟɧɟɧɢɟ

ɂɡɦɟɧɟɧɢɟɬɨɟ ɩɪɢɥɨɠɢɦɨɡɚɝɨɞɢɲɧɢ ɨɬɱɟɬɧɢɩɟɪɢɨɞɢ ɡɚɩɨɱɜɚɳɢɧɚɢɥɢ ɫɥɟɞ  ɚɩɪɢɥ  ɝ ɤɚɬɨɩɨ

ɪɚɧɧɨɬɨ ɩɪɢɥɨɠɟɧɢɟ ɟ ɩɨɡɜɨɥɟɧɨ ɜɤɥɸɱɢɬɟɥɧɨ ɜɴɜ ɮɢɧɚɧɫɨɜɢ ɨɬɱɟɬɢɤɨɢɬɨɜɫɟɨɳɟɧɟɫɚɨɞɨɛɪɟɧɢɡɚ

ɩɭɛɥɢɤɭɜɚɧɟ ɤɴɦ ɞɚɬɚɬɚ ɧɚ ɢɡɞɚɜɚɧɟ ɧɚ ɢɡɦɟɧɟɧɢɟɬɨ ɉɪɟɡ ɦɚɪɬ  ɝ ɋɴɜɟɬɴɬ ɢɡɦɟɧɢ ɭɫɥɨɜɢɹɬɚ ɧɚ

ɩɪɚɤɬɢɱɟɫɤɚɬɚɰɟɥɟɫɴɨɛɪɚɡɧɚɦɹɪɤɚɜɆɋɎɈɤɨɹɬɨɩɪɟɞɨɫɬɚɜɹɨɛɥɟɤɱɟɧɢɹɡɚɥɢɡɢɧɝɨɩɨɥɭɱɚɬɟɥɢɬɟɩɪɢ

ɩɪɢɥɚɝɚɧɟɬɨɧɚɧɚɫɨɤɢɬɟɜɆɋɎɈɡɚɦɨɞɢɮɢɤɚɰɢɢɜɥɢɡɢɧɝɢɬɟɡɚɨɬɫɬɴɩɤɢɩɨɧɚɟɦɢɤɨɢɬɨɫɟɹɜɹɜɚɬɤɚɬɨ

ɩɪɹɤɚ ɩɨɫɥɟɞɢɰɚ ɨɬ ɩɚɧɞɟɦɢɹɬɚ ɨɬ &RYLG ɋɥɟɞ ɢɡɦɟɧɟɧɢɟɬɨ ɫɟɝɚ ɩɪɚɤɬɢɱɟɫɤɚɬɚɰɟɥɟɫɴɨɛɪɚɡɧɚ ɦɹɪɤɚ ɟ

ɩɪɢɥɨɠɢɦɚɡɚɨɬɫɬɴɩɤɢɩɪɢɤɨɢɬɨɜɫɹɤɨɧɚɦɚɥɟɧɢɟɜɥɢɡɢɧɝɨɜɢɬɟɩɥɚɳɚɧɢɹɡɚɫɹɝɚɟɞɢɧɫɬɜɟɧɨɩɥɚɳɚɧɢɹɬɚ

ɤɨɢɬɨ ɩɴɪɜɨɧɚɱɚɥɧɨ ɫɚ ɛɢɥɢ ɞɴɥɠɢɦɢ ɧɚ ɢɥɢ ɩɪɟɞɢ  ɸɧɢ  ɝ ɩɪɢ ɭɫɥɨɜɢɟ ɱɟ ɫɚ ɭɞɨɜɥɟɬɜɨɪɟɧɢ

ɨɫɬɚɧɚɥɢɬɟɭɫɥɨɜɢɹɡɚɩɪɢɥɚɝɚɧɟɬɨɧɚɩɪɚɤɬɢɱɟɫɤɚɬɚɰɟɥɟɫɴɨɛɪɚɡɧɚɦɹɪɤɚ



ɌɟɡɢɢɡɦɟɧɟɧɢɹɧɟɫɚɨɤɚɡɚɥɢɜɥɢɹɧɢɟɜɴɪɯɭɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬɧɚȾɪɭɠɟɫɬɜɨɬɨ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɋɴɳɟɫɬɜɟɧɢɫɱɟɬɨɜɨɞɧɢɩɪɟɰɟɧɤɢɩɪɢɛɥɢɡɢɬɟɥɧɢɨɰɟɧɤɢɢɩɪɟɞɩɨɥɨɠɟɧɢɹ

ɂɡɝɨɬɜɹɧɟɬɨ ɧɚ ɮɢɧɚɧɫɨɜɢɹ ɨɬɱɟɬ ɧɚɥɚɝɚ ɪɴɤɨɜɨɞɫɬɜɨɬɨ ɞɚ ɧɚɩɪɚɜɢ ɩɪɟɰɟɧɤɢ ɩɪɢɛɥɢɡɢɬɟɥɧɢ ɨɰɟɧɤɢ ɢ

ɩɪɟɞɩɨɥɨɠɟɧɢɹ ɤɨɢɬɨ ɜɥɢɹɹɬ ɜɴɪɯɭ ɫɬɨɣɧɨɫɬɬɚ ɧɚ ɨɬɱɟɬɟɧɢɬɟ ɚɤɬɢɜɢ ɢ ɩɚɫɢɜɢ ɢ ɨɩɨɜɟɫɬɹɜɚɧɟɬɨ ɧɚ ɭɫɥɨɜɧɢ

ɩɚɫɢɜɢɤɴɦɨɬɱɟɬɧɚɬɚɞɚɬɚɤɚɤɬɨɢɜɴɪɯɭɨɬɱɟɬɟɧɢɬɟɩɪɢɯɨɞɢɢɪɚɡɯɨɞɢɡɚɩɟɪɢɨɞɚɇɟɫɢɝɭɪɧɨɫɬɢɬɟɫɜɴɪɡɚɧɢɫ

ɧɚɩɪɚɜɟɧɢɬɟɩɪɟɞɩɨɥɨɠɟɧɢɹɢɩɪɢɛɥɢɡɢɬɟɥɧɢɨɰɟɧɤɢɛɢɯɚɦɨɝɥɢɞɚɞɨɜɟɞɚɬɞɨɮɚɤɬɢɱɟɫɤɢɪɟɡɭɥɬɚɬɢɤɨɢɬɨɞɚ

ɢɡɢɫɤɜɚɬɫɴɳɟɫɬɜɟɧɢɤɨɪɟɤɰɢɢɜɛɚɥɚɧɫɨɜɢɬɟɫɬɨɣɧɨɫɬɢɧɚɫɴɨɬɜɟɬɧɢɬɟɚɤɬɢɜɢɢɥɢɩɚɫɢɜɢɜɫɥɟɞɜɚɳɢɨɬɱɟɬɧɢ

ɩɟɪɢɨɞɢ

ɉɪɟɰɟɧɤɢ

ɉɪɢ ɩɪɢɥɚɝɚɧɟɬɨ ɧɚ ɜɴɡɩɪɢɟɬɢɬɟ ɫɱɟɬɨɜɨɞɧɢ ɩɨɥɢɬɢɤɢ ɪɴɤɨɜɨɞɫɬɜɨɬɨ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɧɚɩɪɚɜɢɥɨ ɫɥɟɞɧɢɬɟ

ɩɪɟɰɟɧɤɢɤɨɢɬɨɢɦɚɬɧɚɣɫɴɳɟɫɬɜɟɧɟɮɟɤɬɜɴɪɯɭɫɭɦɢɬɟɩɪɢɡɧɚɬɢɜɴɜɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬ

Ɍɪɚɧɫɮɟɪɢ ɤɴɦ ɢɧɜɟɫɬɢɰɢɨɧɧɢ ɢɦɨɬɢ ɞɴɪɠɚɧɢ ɡɚ ɩɪɨɞɚɠɛɚ

ȼɫɴɨɬɜɟɬɫɬɜɢɟɫɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɫɢɰɟɥɢȾɪɭɠɟɫɬɜɨɬɨɤɥɚɫɢɮɢɰɢɪɚɩɪɢɞɨɛɢɬɢɬɟɢɦɨɬɢɤɚɬɨɢɧɜɟɫɬɢɰɢɨɧɧɢ

ɢɦɨɬɢ ɩɪɢ ɩɴɪɜɨɧɚɱɚɥɧɨɬɨ ɢɦ ɩɪɢɡɧɚɜɚɧɟ ȼɩɨɫɥɟɞɫɬɜɢɟ ɪɴɤɨɜɨɞɫɬɜɨɬɨ ɩɪɚɜɢ ɩɪɟɰɟɧɤɚ ɩɨ ɨɬɧɨɲɟɧɢɟ ɧɚ

ɬɪɚɧɫɮɟɪɢɬɟɨɬɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɤɴɦɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚɤɨɝɚɬɨɬɹɯɧɚɬɚɛɚɥɚɧɫɨɜɚ

ɫɬɨɣɧɨɫɬɳɟɛɴɞɟɜɴɡɫɬɚɧɨɜɟɧɚɩɨɫɤɨɪɨɱɪɟɡɩɪɨɞɚɠɛɚɨɬɤɨɥɤɨɬɨɱɪɟɡɩɪɨɞɴɥɠɚɜɚɳɚɭɩɨɬɪɟɛɚɇɚɥɢɱɢɟɬɨɧɚ

ɩɨɞɩɢɫɚɧɢ ɩɪɟɞɜɚɪɢɬɟɥɧɢ ɞɨɝɨɜɨɪɢ ɡɚ ɩɪɨɞɚɠɛɚ ɢ ɩɨɥɭɱɚɜɚɧɟ ɧɚ ɱɚɫɬɢɱɧɨ ɚɜɚɧɫɨɜɨ ɩɥɚɳɚɧɟ ɨɬ ɫɬɪɚɧɚ ɧɚ

ɤɥɢɟɧɬɢɬɟɩɨɞɨɝɨɜɨɪɢɡɚɩɪɨɞɚɠɛɚɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɮɢɧɚɫɨɜɥɢɡɢɧɝɢɥɢɞɢɪɟɤɬɧɢɩɪɨɞɚɠɛɢɤɴɦɤɪɚɹɧɚ

ɨɬɱɟɬɧɢɹɩɟɪɢɨɞɫɟɫɱɢɬɚɬɡɚɞɨɤɚɡɚɬɟɥɫɬɜɨɡɚɩɪɨɦɹɧɚɜɧɚɦɟɪɟɧɢɹɬɚɧɚɪɴɤɨɜɨɞɫɬɜɨɬɨɢȾɪɭɠɟɫɬɜɨɬɨɩɪɟɞɫɬɚɜɹ

ɫɴɨɬɜɟɬɧɢɬɟ ɢɦɨɬɢ ɤɚɬɨ ɢɦɨɬɢ ɞɴɪɠɚɧɢ ɡɚ ɩɪɨɞɚɠɛɚ ɤɴɦ ɤɪɚɹ ɧɚ ɨɬɱɟɬɧɢɹ ɩɟɪɢɨɞ ɉɪɢ ɩɪɟɤɪɚɬɹɜɚɧɟ ɧɚ

ɩɪɟɞɜɚɪɢɬɟɥɧɢɹɞɨɝɨɜɨɪɛɟɡɩɪɨɞɚɠɛɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɹɢɦɨɬɨɛɟɤɬɧɚɞɨɝɨɜɨɪɚȾɪɭɠɟɫɬɜɨɬɨɪɟɤɥɚɫɢɮɢɰɢɪɚ

ɢɦɨɬɚɤɚɬɨɢɧɜɟɫɬɢɰɢɨɧɟɧɢɦɨɬɩɨɫɩɪɚɜɟɞɥɢɜɚɬɚɦɭɫɬɨɣɧɨɫɬɋɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɡɚɬɪɚɧɫɮɟɪɢ

ɨɬɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɫɚɩɪɟɞɫɬɚɜɟɧɢɜȻɟɥɟɠɤɚɛɭɤɜɚɤ

ɉɪɢɯɨɞɢ ɨɬ ɞɨɝɨɜɨɪɢ ɫ ɤɥɢɟɧɬɢ

Ⱦɪɭɠɟɫɬɜɨɬɨɟɩɪɢɥɨɠɢɥɨɫɥɟɞɧɢɬɟɩɪɟɰɟɧɤɢɤɨɢɬɨɨɤɚɡɜɚɬɫɴɳɟɫɬɜɟɧɨɜɥɢɹɧɢɟɜɴɪɯɭɨɩɪɟɞɟɥɹɧɟɬɨɧɚɪɚɡɦɟɪɚ

ɢɦɨɦɟɧɬɚɧɚɜɴɡɧɢɤɜɚɧɟɧɚɩɪɢɯɨɞɢɬɟɨɬɞɨɝɨɜɨɪɢɫɤɥɢɟɧɬɢ

x Ɉɩɪɟɞɟɥɹɧɟ ɧɚ ɦɨɦɟɧɬɚ ɜɴɜ ɜɪɟɦɟɬɨ ɤɨɝɚɬɨ ɤɨɧɬɪɨɥɴɬ ɜɴɪɯɭ ɢɦɨɬɚ ɫɟ ɩɪɟɯɜɴɪɥɹ ɤɴɦ ɤɥɢɟɧɬɚ ɩɪɢ

ɞɨɝɨɜɨɪɢɫɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɧɚɰɟɧɚɬɚ

ɉɪɢɫɤɥɸɱɜɚɧɟɧɚɞɨɝɨɜɨɪɢɡɚɩɪɨɞɚɠɛɚɫɴɞɴɪɠɚɳɢɧɟɜɴɡɫɬɚɧɨɜɢɦɢɚɜɚɧɫɨɜɢɩɥɚɳɚɧɢɹɨɬɫɬɪɚɧɚɧɚɤɥɢɟɧɬɚɢ

ɨɬɥɨɠɟɧɨ ɩɪɟɯɜɴɪɥɹɧɟ ɧɚ ɸɪɢɞɢɱɟɫɤɨɬɨ ɩɪɚɜɨ ɧɚ ɫɨɛɫɬɜɟɧɨɫɬ Ⱦɪɭɠɟɫɬɜɨɬɨ ɚɧɚɥɢɡɢɪɚ ɞɚɥɢ ɤɨɧɬɪɨɥɴɬ ɜɴɪɯɭ

ɚɤɬɢɜɢɬɟɫɟɩɪɟɯɜɴɪɥɹɧɚɤɭɩɭɜɚɱɚɜɦɨɦɟɧɬɚɧɚɫɤɥɸɱɜɚɧɟɬɨɧɚɞɨɝɨɜɨɪɚɢɩɪɟɯɜɴɪɥɹɧɟɧɚɮɢɡɢɱɟɫɤɨɬɨɜɥɚɞɟɧɢɟ

ɧɚɚɤɬɢɜɚɢɥɢɜɩɨɫɥɟɞɜɚɳɦɨɦɟɧɬɫɴɜɩɚɞɚɳɫɸɪɢɞɢɱɟɫɤɨɬɨɩɪɟɯɜɴɪɥɹɧɟɧɚɩɪɚɜɨɬɨɧɚɫɨɛɫɬɜɟɧɨɫɬɌɨɡɢɬɢɩ

ɞɨɝɨɜɨɪɢɫɟɫɤɥɸɱɜɚɬɡɚɫɪɨɤɨɬɩɟɬɝɨɞɢɧɢɢɢɡɩɥɚɳɚɧɟɬɨɧɚɰɟɧɚɬɚɫɟɢɡɜɴɪɲɜɚɱɪɟɡɪɚɜɧɢɝɨɞɢɲɧɢɜɧɨɫɤɢ

Ɂɟɦɢɬɟɫɟɩɪɟɞɨɫɬɚɜɹɬɡɚɩɨɥɡɜɚɧɟɨɬɤɭɩɭɜɚɱɚɩɪɢɡɚɩɥɚɳɚɧɟɧɚɡɚɞɚɬɴɤɩɨɫɤɥɸɱɟɧɞɨɝɨɜɨɪɚɩɪɟɯɜɴɪɥɹɧɟɬɨɧɚ

ɸɪɢɞɢɱɟɫɤɨɬɨɩɪɚɜɨɧɚɫɨɛɫɬɜɟɧɨɫɬɫɟɢɡɜɴɪɲɜɚɫɥɟɞɩɴɥɧɨɬɨɡɚɩɥɚɳɚɧɟɧɚɰɟɧɚɬɚɄɥɢɟɧɬɢɬɟɢɦɚɬɩɪɚɜɨɞɚɫɟ

ɨɬɤɚɠɚɬɨɬɩɨɤɭɩɤɚɧɚɢɦɨɬɢɬɟɜɴɜɜɫɟɤɢɟɞɢɧɦɨɦɟɧɬɩɨɜɪɟɦɟɧɚɫɪɨɤɚɧɚɞɨɝɨɜɨɪɢɬɟɉɪɢɧɚɫɬɴɩɜɚɧɟɬɨɧɚ

ɬɚɤɢɜɚɫɥɭɱɚɢȾɪɭɠɟɫɬɜɨɬɨɡɚɞɴɪɠɚɩɥɚɬɟɧɢɬɟɨɬɤɥɢɟɧɬɢɬɟɡɚɞɚɬɴɰɢɤɚɬɨɜɫɹɤɨɩɥɚɳɚɧɟɧɚɞɪɚɡɦɟɪɚɧɚɡɚɞɚɬɴɤɚ

ɫɟɜɪɴɳɚɧɚɤɭɩɭɜɚɱɢɬɟɉɪɢɩɪɟɰɟɧɤɚɬɚȾɪɭɠɟɫɬɜɨɬɨɟɚɧɚɥɢɡɢɪɚɥɨɦɨɦɟɧɬɚɧɚɩɪɟɯɜɴɪɥɹɧɟɬɨɧɚɪɢɫɤɨɜɟɬɟɢ

ɢɡɝɨɞɢɬɟɨɬɩɨɥɡɜɚɧɟɬɨɧɚɚɤɬɢɜɚɤɴɦ ɤɭɩɭɜɚɱɚɡɚɤɨɣɬɨȾɪɭɠɟɫɬɜɨɬɨɟɩɪɟɰɟɧɢɥɨɱɟɧɚɫɬɴɩɜɚɜɦɨɦɟɧɬɚɧɚ

ɩɪɟɞɨɫɬɚɜɹɧɟɬɨɧɚɢɦɨɬɚɡɚɩɨɥɡɜɚɧɟɨɬɤɭɩɭɜɚɱɚɫɴɳɟɫɬɜɭɜɚɧɟɬɨɧɚɩɪɚɜɨɧɚɩɥɚɳɚɧɟɡɚɚɤɬɢɜɚɤɴɦɦɨɦɟɧɬɚ

ɧɚɩɪɟɯɜɴɪɥɹɧɟɧɚɮɢɡɢɱɟɫɤɨɜɥɚɞɟɧɢɟɤɴɦɤɥɢɟɧɬɚ±Ⱦɪɭɠɟɫɬɜɨɬɨɟ ɩɪɟɰɟɧɢɥɨɱɟɧɚɥɢɱɢɟɬɨ ɧɚ ɨɛɜɴɪɡɜɚɳɨ

ɫɩɨɪɚɡɭɦɟɧɢɟɢɡɧɚɱɢɬɟɥɧɚɧɟɜɴɡɫɬɚɧɨɜɢɦɚɫɭɦɚɩɨɞɤɪɟɩɹɬɩɪɟɰɟɧɤɚɬɚ ɡɚ ɬɨɜɚ ɱɟ ɤɥɢɟɧɬɴɬ ɢɦɚ ɡɧɚɱɢɬɟɥɟɧ

ɫɬɢɦɭɥ ɡɚ ɢɡɩɥɚɳɚɧɟ ɧɚ ɞɨɝɨɜɨɪɟɧɚɬɚ ɰɟɧɚ ɧɚ ɫɞɟɥɤɚɬɚ  Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɩɪɟɰɟɧɢɥɨ ɱɟ ɡɚɞɴɪɠɚɧɟɬɨ ɧɚ

ɸɪɢɞɢɱɟɫɤɨɬɨɩɪɚɜɨɧɚɫɨɛɫɬɜɟɧɨɫɬɢɦɚɡɚɰɟɥɞɚɝɚɪɚɧɬɢɪɚɜɴɡɫɬɚɧɨɜɢɦɨɫɬɬɚɧɚɞɨɝɨɜɨɪɟɧɨɬɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟ

ɢ ɫɴɨɬɜɟɬɧɨ ɧɟ ɟ ɢɧɞɢɤɚɰɢɹ ɡɚ ɦɨɦɟɧɬɚ ɧɚ ɩɪɟɯɜɴɪɥɹɧɟɬɨ ɧɚ ɤɨɧɬɪɨɥɚ ɉɨɪɚɞɢ ɬɟɡɢ ɮɚɤɬɨɪɢ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ

ɡɚɤɥɸɱɢɥɨ ɱɟ ɦɨɦɟɧɬɚ ɧɚ ɩɪɟɯɜɴɪɥɹɧɟ ɧɚ ɤɨɧɬɪɨɥɚ ɩɪɢ ɫɞɟɥɤɢ ɫ ɨɬɥɨɠɟɧɨ ɩɥɚɳɚɧɟ ɫɴɜɩɚɞɚ ɫ ɦɨɦɟɧɬɚ ɧɚ

ɩɪɟɯɜɴɪɥɹɧɟɧɚɮɢɡɢɱɟɫɤɨɬɨɜɥɚɞɟɧɢɟɧɚɚɤɬɢɜɚɢɢɡɩɥɚɳɚɧɟɬɨɨɬɫɬɪɚɧɚɧɚɤɥɢɟɧɬɚɧɚɧɟɜɴɡɫɬɚɧɨɜɢɦɢɹɡɚɞɚɬɴɤ

x ɉɪɟɰɟɧɤɚɡɚɨɝɪɚɧɢɱɟɧɢɟɜɴɪɯɭɩɪɨɦɟɧɥɢɜɨɬɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟɞɨɪɚɡɦɟɪɚɡɚɤɨɣɬɨɟɦɧɨɝɨɜɟɪɨɹɬɧɨɱɟ

ɜɩɨɫɥɟɞɫɬɜɢɟɧɹɦɚɞɚɜɴɡɧɢɤɧɟɫɴɳɟɫɬɜɟɧɨɛɪɚɬɧɚɩɪɢɡɧɚɬɢɬɟɩɪɢɯɨɞɢ

Ɍɚɤɚɤɚɤɬɨɟɨɩɢɫɚɧɨɩɨɝɨɪɟɞɨɝɨɜɨɪɢɬɟɡɚɩɪɨɞɚɠɛɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɫɨɬɥɨɠɟɧɨɩɥɚɳɚɧɟɜɤɥɸɱɜɚɬ

ɩɪɚɜɨ ɡɚ ɜɪɴɳɚɧɟ ɤɨɟɬɨ ɩɨɪɚɠɞɚ ɩɪɨɦɟɧɥɢɜɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɋɴɳɨ ɬɚɤɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɫɤɥɸɱɜɚ ɞɨɝɨɜɨɪɢ ɫ

ɨɬɥɨɠɟɧɨ ɩɥɚɳɚɧɟ ɤɨɢɬɨ ɫɴɞɴɪɠɚɬ ɧɹɤɨɥɤɨ ɨɩɰɢɢ ɡɚ ɩɨɪɚɧɧɨ ɢɡɩɴɥɧɟɧɢɟ ɧɚ ɞɨɝɨɜɨɪɚ ɫ ɪɚɡɥɢɱɟɧ ɧɚɦɚɥɟɧ

ɪɚɡɦɟɪɧɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







 ɋɴɳɟɫɬɜɟɧɢ ɫɱɟɬɨɜɨɞɧɢ ɩɪɟɰɟɧɤɢ ɩɪɢɛɥɢɡɢɬɟɥɧɢ ɨɰɟɧɤɢ ɢ ɩɪɟɞɩɨɥɨɠɟɧɢɹ

ɩɪɨɞɴɥɠɟɧɢɟ

ɉɪɟɰɟɧɤɢɩɪɨɞɴɥɠɟɧɢɟ

ɉɪɢɯɨɞɢ ɨɬ ɞɨɝɨɜɨɪɢ ɫ ɤɥɢɟɧɬɢ (ɩɪɨɞɴɥɠɟɧɢɟ)

ɉɪɢɩɪɢɛɥɢɡɢɬɟɥɧɚɬɚɨɰɟɧɤɚɧɚɩɪɨɦɟɧɥɢɜɨɬɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟɨɬȾɪɭɠɟɫɬɜɨɬɨɫɟɢɡɢɫɤɜɚɞɚɢɡɩɨɥɡɜɚɢɥɢɦɟɬɨɞɚ

ɧɚ ɨɱɚɤɜɚɧɚɬɚ ɫɬɨɣɧɨɫɬ ɢɥɢ ɦɟɬɨɞɚ ɧɚ ɧɚɣɜɟɪɨɹɬɧɚɬɚ ɫɭɦɚ ɜɴɡ ɨɫɧɨɜɚ ɧɚ ɤɨɣɬɨ ɦɟɬɨɞ ɩɨɞɨɛɪɟ ɦɨɠɟ ɞɚ ɫɟ

ɩɪɨɝɧɨɡɢɪɚɫɭɦɚɬɚɧɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨɧɚ ɤɨɟɬɨɬɨɳɟ ɢɦɚɩɪɚɜɨȾɪɭɠɟɫɬɜɨɬɨɟɨɩɪɟɞɟɥɢɥɨɱɟɦɟɬɨɞɴɬ ɧɚ

ɨɱɚɤɜɚɧɚɬɚɫɬɨɣɧɨɫɬɟɩɨɞɯɨɞɹɳɦɟɬɨɞɤɨɣɬɨɦɨɠɟɞɚɫɟɢɡɩɨɥɡɜɚɩɪɢɩɪɢɛɥɢɡɢɬɟɥɧɚɬɚɨɰɟɧɤɚɧɚɩɪɨɦɟɧɥɢɜɨɬɨ

ɜɴɡɧɚɝɪɚɠɞɟɧɢɟɡɚɞɨɝɨɜɨɪɢɬɟɡɚɩɪɨɞɚɠɛɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ

ɇɚ ɛɚɡɚ ɢɫɬɨɪɢɱɟɫɤɢ ɨɩɢɬ ɛɢɡɧɟɫ ɩɪɨɝɧɨɡɢ ɢ ɚɤɬɭɚɥɧɢ ɢɤɨɧɨɦɢɱɟɫɤɢ ɭɫɥɨɜɢɹ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɨɩɪɟɞɟɥɢɥɨ ɱɟ

ɩɪɢɛɥɢɡɢɬɟɥɧɢɬɟɨɰɟɧɤɢɡɚɩɪɨɦɟɧɥɢɜɨɬɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟɜɴɜɜɪɴɡɤɚɩɪɚɜɨɬɨɧɚɩɪɟɤɪɚɬɹɜɚɧɟɧɚɞɨɝɨɜɨɪɢɧɟɫɚ

ɨɛɟɤɬ ɧɚ ɨɝɪɚɧɢɱɟɧɢɟ Ɂɚ ɞɨɫɬɢɝɚɧɟ ɞɨ ɬɨɜɚ ɡɚɤɥɸɱɟɧɢɟ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɚɧɚɥɢɡɢɪɚɥɨ ɪɚɡɥɢɱɧɢ ɮɚɤɬɨɪɢ

ɜɤɥɸɱɢɬɟɥɧɨɧɨɧɟɫɚɦɨ±ɪɚɡɦɟɪɴɬɧɚɧɟɜɴɡɫɬɚɧɨɜɢɦɨɬɨɚɜɚɧɫɨɜɨɩɥɚɳɚɧɟɫɩɪɹɦɨɨɛɳɢɹɪɚɡɦɟɪɧɚɰɟɧɚɬɚɧɚ

ɫɞɟɥɤɚɬɚɨɱɚɤɜɚɧɚɬɚɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɧɚɚɤɬɢɜɢɬɟɨɛɟɤɬɧɚɩɨɞɨɛɟɧɬɢɩɫɞɟɥɤɢɫɩɪɹɦɨɜɴɡɫɬɚɧɨɜɢɦɚɬɚɱɚɫɬ

ɨɬɰɟɧɚɬɚɧɚɫɞɟɥɤɚɬɚɢɫɬɨɪɢɱɟɫɤɢɨɩɢɬɫɜɴɪɡɚɧɫɭɩɪɚɠɧɹɜɚɧɟɬɨɨɬɫɬɪɚɧɚɧɚɤɥɢɟɧɬɢɧɚɨɩɰɢɹɬɚɡɚɨɬɤɚɡɨɬ

ɩɨɤɭɩɤɚɢɟɩɪɟɰɟɧɢɥɨɱɟɜɡɧɚɱɢɬɟɥɧɚɫɬɟɩɟɧɟɫɢɝɭɪɧɨɱɟȾɪɭɠɟɫɬɜɨɬɨ ɳɟ ɩɨɥɭɱɢ ɢɤɨɧɨɦɢɱɟɫɤɢ ɢɡɝɨɞɢ

ɫɜɴɪɡɚɧɢɫɴɫɫɞɟɥɤɚɬɚɚɨɩɰɢɹɬɚɡɚɩɪɟɤɪɚɬɹɜɚɧɟɧɚɫɞɟɥɤɚɬɚɢɜɪɴɳɚɧɟɧɚɢɦɨɬɚɧɹɦɚɞɚɛɴɞɟɭɩɪɚɠɧɟɧɚ

Ⱦɪɭɠɟɫɬɜɨɬɨɚɤɬɭɚɥɢɡɢɪɚɨɰɟɧɤɚɬɚɫɢɡɚɨɱɚɤɜɚɧɢɬɟɜɴɪɧɚɬɢɢɦɨɬɢɩɪɟɤɪɚɬɟɧɢɞɨɝɨɜɨɪɢɡɚɩɪɨɞɚɠɛɚɫɨɬɥɨɠɟɧɨ

ɩɥɚɳɚɧɟɤɴɦɤɪɚɹɧɚɜɫɟɤɢɨɬɱɟɬɟɧɩɟɪɢɨɞɧɚɛɚɡɚɧɚɢɧɞɢɤɚɬɨɪɢɫɜɴɪɡɚɧɢɫɩɪɨɦɹɧɚɜɩɚɡɚɪɧɚɬɚɫɬɨɣɧɨɫɬɧɚ

ɡɟɦɟɞɟɥɫɤɢɬɟɡɟɦɢ ɧɚɬɪɭɩɚɧɢɫɬɨɪɢɱɟɫɤɢ ɨɩɢɬ ɢɞɪɭɝɢ ɢɤɨɧɨɦɢɱɟɫɤɢɮɚɤɬɨɪɢɄɴɦ ɞɟɤɟɦɜɪɢ ɝ ɢ

ɞɟɤɟɦɜɪɢ ɝ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟɩɪɟɰɟɧɢɥɨ ɱɟ ɜɟɪɨɹɬɧɨɫɬɬɚɨɬ ɜɴɡɧɢɤɜɚɧɟɧɚ ɫɴɳɟɫɬɜɟɧ ɨɛɪɚɬ ɧɚ ɩɪɢɡɧɚɬɢɬɟ

ɩɪɢɯɨɞɢɜɴɜɜɪɴɡɤɚɫɞɨɝɨɜɨɪɢɡɚɩɪɨɞɚɠɛɚɫɨɬɥɨɠɟɧɨɩɥɚɳɚɧɟɟɧɟɡɧɚɱɢɬɟɥɧɚɊɟɫɩɟɤɬɢɜɧɨȾɪɭɠɟɫɬɜɨɬɨɧɟ

ɩɪɢɡɧɚɜɚɡɚɞɴɥɠɟɧɢɹɡɚɜɴɡɫɬɚɧɨɜɹɜɚɧɟɡɚɨɱɚɤɜɚɧɢɜɴɪɧɚɬɢɢɦɨɬɢɤɚɤɬɨɢɚɤɬɢɜɢɡɚɩɪɚɜɨɡɚɜɪɴɳɚɧɟ

ȼɴɜɜɪɴɡɤɚɫɞɨɝɨɜɨɪɢɬɟɡɚɩɪɨɞɚɠɛɚɫɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɫɧɹɤɨɥɤɨɨɩɰɢɢɡɚɩɨɪɚɧɧɨɢɡɩɴɥɧɟɧɢɟɧɚɧɚɦɚɥɟɧɚ

ɰɟɧɚȾɪɭɠɟɫɬɜɨɬɨɧɹɦɚɢɫɬɨɪɢɱɟɫɤɢɨɩɢɬɢɬɚɤɴɜɧɟɛɢɛɢɥɪɟɥɟɜɚɧɬɟɧɩɪɢɢɡɜɴɪɲɜɚɧɟɧɚɪɚɡɭɦɧɚɩɪɟɰɟɧɤɚɡɚ

ɜɟɪɨɹɬɧɨɫɬɬɚɨɬɭɩɪɚɠɧɹɜɚɧɟɧɚɨɩɰɢɹɬɚɡɚɩɪɟɞɫɪɨɱɧɨɢɡɩɴɥɧɟɧɢɟɧɚɞɨɝɨɜɨɪɚɧɚɧɚɦɚɥɟɧɚɰɟɧɚȼɬɨɡɢɫɥɭɱɚɣ

Ⱦɪɭɠɟɫɬɜɨɬɨɢɡɩɨɥɡɜɚɨɝɪɚɧɢɱɟɧɢɟɬɨɜɴɪɯɭɩɪɨɦɟɧɥɢɜɨɬɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟɢɩɪɢɡɧɚɜɚɩɪɢɯɨɞɞɨɪɚɡɦɟɪɚɧɚɧɚɣ

ɧɢɫɤɚɬɚɞɨɝɨɜɨɪɟɧɚɰɟɧɚȼɫɥɭɱɚɣɧɚɧɟɭɩɪɚɠɧɟɧɢɟɧɚɨɩɰɢɹɬɚȾɪɭɠɟɫɬɜɨɬɨɩɪɢɡɧɚɜɚɩɪɢɯɨɞɨɬɩɪɨɞɚɠɛɚɧɚ

ɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɫɩɪɹɦɨɫɥɟɞɜɚɳɚɬɚɩɨɝɨɥɟɦɢɧɚɞɨɝɨɜɨɪɟɧɚɧɚɦɚɥɟɧɚɰɟɧɚ

x ɉɪɟɰɟɧɤɚɡɚɫɴɳɟɫɬɜɟɧɤɨɦɩɨɧɟɧɬɧɚɮɢɧɚɧɫɢɪɚɧɟɜɞɚɞɟɧɞɨɝɨɜɨɪ

Ⱦɪɭɠɟɫɬɜɨɬɨɟɞɨɫɬɢɝɧɚɥɨɞɨɡɚɤɥɸɱɟɧɢɟɬɨɱɟɡɚɞɨɝɨɜɨɪɢɬɟɫɨɬɥɨɠɟɧɨɩɥɚɳɚɧɟɩɪɢɤɨɢɬɨɤɥɢɟɧɬɴɬɢɡɩɥɚɳɚ

ɞɨɝɨɜɨɪɟɧɨɬɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɡɚ ɫɪɨɤ ɨɬ ɩɟɬ ɝɨɞɢɧɢ ɱɪɟɡ ɪɚɜɧɢ ɝɨɞɢɲɧɢ ɜɧɨɫɤɢ ɫɴɳɟɫɬɜɭɜɚ ɡɧɚɱɢɬɟɥɟɧ

ɤɨɦɩɨɧɟɧɬɧɚɮɢɧɚɧɫɢɪɚɧɟɢɦɚɣɤɢɩɪɟɞɜɢɞɩɪɨɞɴɥɠɢɬɟɥɧɨɫɬɬɚɧɚɜɪɟɦɟɬɨɦɟɠɞɭɩɥɚɳɚɧɟɬɨɨɬɫɬɪɚɧɚɧɚɤɥɢɟɧɬɚ

ɢɩɪɟɯɜɴɪɥɹɧɟɬɨɧɚɤɨɧɬɪɨɥɚɜɴɪɯɭɚɤɬɢɜɚɤɚɤɬɨɢɞɟɣɫɬɜɚɳɢɬɟɥɢɯɜɟɧɢɩɪɨɰɟɧɬɢɧɚɩɚɡɚɪɚ



ɉɪɢɨɩɪɟɞɟɥɹɧɟɬɨɧɚɥɢɯɜɟɧɢɹɩɪɨɰɟɧɬɤɨɣɬɨɞɚɛɴɞɟɩɪɢɥɨɠɟɧɤɴɦɫɭɦɚɬɚɧɚɜɴɡɧɚɝɪɚɠɞɟɧɢɟɬɨȾɪɭɠɟɫɬɜɨɬɨ

ɢɡɩɨɥɡɜɚɩɟɬɩɪɨɰɟɧɬɚɬɴɣɤɚɬɨɬɨɡɢɩɪɨɰɟɧɬɫɴɨɬɜɟɬɫɬɜɚɧɚɥɢɯɜɟɧɢɹɩɪɨɰɟɧɬɤɨɣɬɨɛɢɛɢɥɨɬɪɚɡɟɧɜɨɬɞɟɥɧɚ

ɫɞɟɥɤɚ ɡɚ ɮɢɧɚɧɫɢɪɚɧɟ ɦɟɠɞɭ Ⱦɪɭɠɟɫɬɜɨɬɨ ɢ ɧɟɝɨɜɢɹ ɤɥɢɟɧɬ ɩɪɢ ɫɬɚɪɬɢɪɚɧɟɬɨɧɚ ɞɨɝɨɜɨɪɚ Ɋɚɡɥɢɤɚɬɚ ɦɟɠɞɭ

ɛɪɭɬɧɚɬɚɢɧɚɫɬɨɹɳɚɬɚɫɬɨɣɧɨɫɬɧɚɜɡɟɦɚɧɟɬɨɫɟɬɪɟɬɢɪɚɤɚɬɨɮɢɧɚɧɫɨɜɩɪɢɯɨɞɡɚɛɴɞɟɳɩɟɪɢɨɞɧɨɧɟɫɟɩɪɢɡɧɚɜɚ

ɤɚɬɨ ɩɚɫɢɜ ɜ ɨɬɱɟɬɚ ɡɚ ɮɢɧɚɧɫɨɜɨɬɨ ɫɴɫɬɨɹɧɢɟ Ɏɢɧɚɧɫɨɜɢɹɬ ɩɪɢɯɨɞ ɨɬ ɞɨɝɨɜɨɪɢ ɡɚ ɪɚɡɫɪɨɱɟɧɨ ɩɥɚɳɚɧɟ ɫɟ

ɩɪɢɡɧɚɜɚɡɚɫɪɨɤɚɧɚɞɨɝɨɜɨɪɚ

ɂɡɱɢɫɥɟɧɢɟ ɧɚ ɡɚɞɴɥɠɟɧɢɟ

ɡɚ

ɞɢɜɢɞɟɧɬɢ

ɋɴɝɥɚɫɧɨɁɚɤɨɧɚɡɚɞɪɭɠɟɫɬɜɚɬɚɫɴɫɫɩɟɰɢɚɥɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥɢɞɪɭɠɟɫɬɜɚɬɚɡɚɫɟɤɸɪɢɬɢɡɚɰɢɹȾɪɭɠɟɫɬɜɨɬɨ

ɟɡɚɞɴɥɠɟɧɨɞɚɪɚɡɩɪɟɞɟɥɢɤɚɬɨɞɢɜɢɞɟɧɬɧɟɩɨɦɚɥɤɨɨɬɨɬɩɟɱɚɥɛɚɬɚɡɚɮɢɧɚɧɫɨɜɚɬɚɝɨɞɢɧɚɤɨɪɢɝɢɪɚɧɚɫ

ɟɮɟɤɬɢɬɟɨɬɜɫɢɱɤɢɫɞɟɥɤɢɫɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɢɡɜɴɪɲɟɧɢɩɪɟɡɝɨɞɢɧɚɬɚɜɤɥɸɱɢɬɟɥɧɨɢɧɟɬɧɢɬɟɩɟɱɚɥɛɢ

ɡɚɝɭɛɢɨɬɩɨɫɥɟɞɜɚɳɢɨɰɟɧɤɢɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢȾɨɩɴɥɧɢɬɟɥɧɚɢɧɮɨɪɦɚɰɢɹɡɚɩɪɢɡɧɚɬɨɬɨɡɚɞɴɥɠɟɧɢɟɡɚ

ɞɢɜɢɞɟɧɬɢɤɴɦɞɟɤɟɦɜɪɢɝɟɩɪɟɞɫɬɚɜɟɧɚɜȻɟɥɟɠɤɚ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







 ɋɴɳɟɫɬɜɟɧɢ ɫɱɟɬɨɜɨɞɧɢ ɩɪɟɰɟɧɤɢ ɩɪɢɛɥɢɡɢɬɟɥɧɢ ɨɰɟɧɤɢ ɢ ɩɪɟɞɩɨɥɨɠɟɧɢɹ

ɩɪɨɞɴɥɠɟɧɢɟ

ɉɪɟɰɟɧɤɢɩɪɨɞɴɥɠɟɧɢɟ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɤɚɬɨ ɥɢɡɢɧɝɨɞɚɬɟɥ

Ⱦɪɭɠɟɫɬɜɨɬɨɟɩɪɟɞɨɫɬɚɜɢɥɨɧɚɥɢɡɢɧɝɱɚɫɬɨɬɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɫɢɢɦɨɬɢȼɴɡɨɫɧɨɜɚɧɚɨɰɟɧɤɚɧɚɭɫɥɨɜɢɹɬɚɧɚ

ɫɩɨɪɚɡɭɦɟɧɢɹɬɚȾɪɭɠɟɫɬɜɨɬɨɝɢɟɨɩɪɟɞɟɥɢɥɨɤɚɬɨɬɚɤɢɜɚɩɪɢɤɨɢɬɨɫɪɨɤɴɬɧɚɥɢɡɢɧɝɚɧɟɨɛɯɜɚɳɚɝɨɥɹɦɚɱɚɫɬ

ɨɬɢɤɨɧɨɦɢɱɟɫɤɢɹɠɢɜɨɬɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢɢɫɟɝɚɲɧɚɬɚɫɬɨɣɧɨɫɬɧɚɦɢɧɢɦɚɥɧɢɬɟɥɢɡɢɧɝɨɜɢɩɥɚɳɚɧɢɹ

ɧɟɜɴɡɥɢɡɚɩɨɫɴɳɟɫɬɜɨɧɚɩɴɥɧɚɬɚɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢɬɨɟɫɬȾɪɭɠɟɫɬɜɨɬɨɡɚɩɚɡɜɚ

ɩɨ ɫɴɳɟɫɬɜɨ ɜɫɢɱɤɢ ɪɢɫɤɨɜɟ ɢ ɩɨɥɡɢ ɫɜɴɪɡɚɧɢ ɫɴɫ ɫɨɛɫɬɜɟɧɨɫɬɬɚ ɜɴɪɯɭ ɬɟɡɢ ɢɦɨɬɢ ɢ ɨɬɱɢɬɚ ɞɨɝɨɜɨɪɢɬɟ ɤɚɬɨ

ɨɩɟɪɚɬɢɜɧɢɥɢɡɢɧɝɢ

ɋɴɳɟɫɬɜɟɧɢɬɟɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɡɚɨɬɱɢɬɚɧɟɧɚɥɢɡɢɧɝɨɜɢɞɨɝɨɜɨɪɢɫɚɩɪɟɞɫɬɚɜɟɧɢɜȻɟɥɟɠɤɚɛɭɤɜɚɥ



„Ⱦɟ ɮɚɤɬɨ“ ɤɨɧɬɪɨɥ



ɄɴɦɞɟɤɟɦɜɪɢɝȾɪɭɠɟɫɬɜɨɬɨɢɦɚɧɚɞɚɤɰɢɨɧɟɪɚɢɪɚɡɞɪɨɛɟɧɚɚɤɰɢɨɧɟɪɧɚɫɬɪɭɤɬɭɪɚɤɨɹɬɨɫɟɫɴɫɬɨɢ

ɨɬɦɧɨɝɨɧɚɛɪɨɣɚɤɰɢɨɧɟɪɢɫɩɪɢɬɟɠɚɧɢɟɧɚɩɪɨɰɟɧɬɨɬɤɚɩɢɬɚɥɚɩɨɞ  Ȼɟɥɟɠɤɚ  ɢ ɨɛɫɥɭɠɜɚɳɨɬɨ

ɞɪɭɠɟɫɬɜɨ Ʉɚɪɨɥ Ɏɢɧɚɧɫ ȿɈɈȾ ɫ ɤɪɚɟɧ ɫɨɛɫɬɜɟɧɢɤ ɋɬɚɧɢɦɢɪ Ɇɚɪɢɧɨɜ Ʉɚɪɨɥɟɜ ɤɨɟɬɨ ɩɪɢɬɟɠɚɜɚ  ɨɬ

ɤɚɩɢɬɚɥɚɢɝɥɚɫɨɜɟɬɟɜɈɛɳɨɬɨɫɴɛɪɚɧɢɟɉɪɟɡɝɨɞɢɧɢɬɟɫɟɧɚɛɥɸɞɚɜɚɭɱɚɫɬɢɟɩɪɟɞɫɬɚɜɢɬɟɥɫɬɜɨɧɚɚɤɰɢɨɧɟɪɢɬɟ

ɜɩɪɨɜɟɞɟɧɢɬɟɨɛɳɢɫɴɛɪɚɧɢɹɜɞɢɚɩɚɡɨɧɚɨɬɞɨɨɬɚɤɰɢɢɬɟɨɬɤɚɩɢɬɚɥɚɧɚȾɪɭɠɟɫɬɜɨɬɨ



Ⱥɤɨɬɟɡɢ ɬɟɧɞɟɧɰɢɢɫɜɴɪɡɚɧɢ ɫ ɩɨɫɟɳɚɟɦɨɫɬɬɚɧɚ ɚɤɰɢɨɧɟɪɢɬɟɧɚ Ɉɛɳɨɬɨ ɫɴɛɪɚɧɢɟɫɟɡɚɩɚɡɹɬɨɛɫɥɭɠɜɚɳɨɬɨ

ɞɪɭɠɟɫɬɜɨɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾɫɤɪɚɟɧɫɨɛɫɬɜɟɧɢɤɋɬɚɧɢɦɢɪɆɚɪɢɧɨɜɄɚɪɨɥɟɜɛɢɦɨɝɥɨɞɚɢɦɚɧɟɨɛɯɨɞɢɦɢɬɟ

ɝɥɚɫɨɜɟɡɚɮɨɪɦɢɪɚɧɟɧɚɦɧɨɡɢɧɫɬɜɨɡɚɜɡɟɦɚɧɟɧɚɪɟɲɟɧɢɟɩɨɩɪɟɞɥɨɠɟɧɢɹɬɚɜɞɧɟɜɧɢɹɪɟɞɧɚɫɴɨɬɜɟɬɧɨɬɨɨɛɳɨ

ɫɴɛɪɚɧɢɟɫɴɨɬɜɟɬɧɨɛɢɦɨɝɥɨɞɚɭɩɪɚɠɧɹɜɚÄɞɟɮɚɤɬɨ³ɤɨɧɬɪɨɥɜɴɪɯɭȾɪɭɠɟɫɬɜɨɬɨ



ȾɪɭɠɟɫɬɜɨɬɨɟɧɚɩɪɚɜɢɥɨɜɫɢɱɤɢɧɟɨɛɯɨɞɢɦɢɨɩɨɜɟɫɬɹɜɚɧɢɹɜɴɜɜɪɴɡɤɚɫɨɛɫɥɭɠɜɚɳɨɬɨɞɪɭɠɟɫɬɜɨɄɚɪɨɥɎɢɧɚɧɫ

ȿɈɈȾɫɤɪɚɟɧɫɨɛɫɬɜɟɧɢɤɋɬɚɧɢɦɢɪɆɚɪɢɧɨɜɄɚɪɨɥɟɜɜȻɟɥɟɠɤɚɨɬɮɢɧɚɧɫɨɜɢɹɬɨɬɱɟɬ



Ɉɬɱɢɬɚɧɟ ɧɚ ɩɪɨɞɚɠɛɚ ɧɚ ɭɱɪɟɞɟɧɨ ɞɴɳɟɪɧɨ ɞɪɭɠɟɫɬɜɨ

ɇɚɸɥɢɝȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɭɱɪɟɞɢɫɩɟɰɢɚɥɢɡɢɪɚɧɨɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨɉɪɨɟɤɬȼɪɚɠɞɟɛɧɚȿɈɈȾ

ɫɤɚɩɢɬɚɥɮɨɪɦɢɪɚɧɨɬɧɟɩɚɪɢɱɧɚɜɧɨɫɤɚɢɦɚɳɚɡɚɩɪɟɞɦɟɬɩɪɚɜɨɬɨɧɚɫɨɛɫɬɜɟɧɨɫɬɜɴɪɯɭɞɜɚɧɟɞɜɢɠɢɦɢɢɦɨɬɚ

ɇɚ ɸɥɢ ɝɞɴɳɟɪɧɨɬɨɞɪɭɠɟɫɬɜɨ ɛɟɲɟɩɪɨɞɚɞɟɧɨɫɞɨɝɨɜɨɪ ɡɚɩɪɨɞɚɠɛɚ ɧɚɞɪɭɠɟɫɬɜɟɧ ɞɹɥɌɴɣɤɚɬɨ

ɭɱɪɟɞɟɧɨɬɨ ɞɴɳɟɪɧɨ ɞɪɭɠɟɫɬɜɨ ɧɟ ɟ ɢɡɜɴɪɲɜɚɥɨ ɞɟɣɧɨɫɬ ɡɚ ɩɟɪɢɨɞɚ ɨɬ ɧɟɝɨɜɨɬɨ ɭɱɪɟɞɹɜɚɧɟ ɞɨ ɞɚɬɚɬɚ ɧɚ

ɩɪɨɞɚɠɛɚɬɚ ɦɭ ɨɫɴɳɟɫɬɜɟɧɢ ɜ ɪɚɦɤɢɬɟ ɧɚ ɬɟɤɭɳɢɹ ɨɬɱɟɬɟɧ ɩɟɪɢɨɞ ɚ ɟɮɟɤɬɴɬ ɨɬ ɩɪɨɞɚɠɛɚɬɚ ɧɚ ɞɴɳɟɪɧɨɬɨ

ɞɪɭɠɟɫɬɜɨ ɟ ɚɧɚɥɨɝɢɱɟɧ ɧɚ ɞɢɪɟɤɬɧɚɬɚ ɩɪɨɞɚɠɛɚ ɧɚ ɚɩɨɪɬɢɪɚɧɢɬɟ ɢɦɨɬɢ ɪɴɤɨɜɨɞɫɬɜɨɬɨ ɟ ɩɪɟɰɟɧɢɥɨ ɱɟ ɧɟ

ɨɬɝɨɜɚɪɹɧɚɭɫɥɨɜɢɹɬɚɡɚɢɡɝɨɬɜɹɧɟɧɚɤɨɧɫɨɥɢɞɢɪɚɧɮɢɧɚɧɫɨɜɨɬɱɟɬɢɟɩɪɟɞɫɬɚɜɢɥɨɪɟɚɥɢɡɢɪɚɧɢɬɟɩɪɢɯɨɞɢɨɬ

ɩɪɨɞɚɠɛɚɧɚɞɴɳɟɪɧɨɬɨɞɪɭɠɟɫɬɜɨɜɩɨɡɢɰɢɹɉɪɢɯɨɞɢɨɬɩɪɨɞɚɠɛɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɚɨɬɱɟɬɧɚɬɚɫɬɨɣɧɨɫɬ

ɧɚɚɩɨɪɬɢɪɚɧɢɬɟɢɦɨɬɢɜɩɨɡɢɰɢɹȻɚɥɚɧɫɨɜɚɫɬɨɣɧɨɫɬɧɚɩɪɨɞɚɞɟɧɢɬɟɢɦɨɬɢ

ɉɪɢɛɥɢɡɢɬɟɥɧɢɨɰɟɧɤɢɢɩɪɟɞɩɨɥɨɠɟɧɢɹ

Ɉɫɧɨɜɧɢɬɟ ɩɪɟɞɩɨɥɨɠɟɧɢɹ ɤɨɢɬɨ ɫɚ ɫɜɴɪɡɚɧɢ ɫ ɛɴɞɟɳɢ ɢ ɞɪɭɝɢ ɨɫɧɨɜɧɢ ɢɡɬɨɱɧɢɰɢ ɧɚ ɧɟɫɢɝɭɪɧɨɫɬɢ ɜ

ɩɪɢɛɥɢɡɢɬɟɥɧɢɬɟɨɰɟɧɤɢɤɴɦɨɬɱɟɬɧɚɬɚɞɚɬɚɬɚɢɡɚɤɨɢɬɨɫɴɳɟɫɬɜɭɜɚɡɧɚɱɢɬɟɥɟɧɪɢɫɤɱɟɛɢɯɚɦɨɝɥɢɞɚɞɨɜɟɞɚɬ

ɞɨɫɴɳɟɫɬɜɟɧɢɤɨɪɟɤɰɢɢɜɛɚɥɚɧɫɨɜɢɬɟɫɬɨɣɧɨɫɬɢɧɚɚɤɬɢɜɢɬɟɩɪɟɡɫɥɟɞɜɚɳɢɹɨɬɱɟɬɟɧɩɟɪɢɨɞɫɚɩɨɫɨɱɟɧɢɩɨ

ɞɨɥɭ

ɋɩɪɚɜɟɞɥɢɜɚ ɫɬɨɣɧɨɫɬ ɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟ

ɢɦɨɬɢ

ɂɧɜɟɫɬɢɰɢɨɧɧɢɬɟ ɢɦɨɬɢ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɫɚ ɨɰɟɧɟɧɢ ɩɨ ɫɩɪɚɜɟɞɥɢɜɚ ɫɬɨɣɧɨɫɬ ɨɬ ɧɟɡɚɜɢɫɢɦ ɥɢɰɟɧɡɢɪɚɧ ɨɬ

Ɇɢɧɢɫɬɟɪɫɬɜɨ ɧɚ ɡɟɦɟɞɟɥɢɟɬɨ ɨɰɟɧɢɬɟɥ Ɉɰɟɧɤɚɬɚ ɟ ɢɡɜɴɪɲɟɧɚ ɩɪɢ ɥɢɩɫɚɬɚ ɧɚ ɩɪɟɞɫɬɚɜɢɬɟɥɧɚ ɢ ɨɮɢɰɢɚɥɧɚ

ɚɝɪɨɩɚɡɚɪɧɚɢɧɮɨɪɦɚɰɢɹɡɚɝɜɤɥɸɱɢɬɟɥɧɨɰɟɧɨɜɢɬɟɪɚɜɧɢɳɚɧɚɡɟɦɟɞɟɥɫɤɚɬɚɡɟɦɹɪɟɧɬɧɢɧɢɜɚɢɞɨɛɢɜɢ

ɩɨɪɚɣɨɧɢɢɞɪɭɝɢȾɨɩɴɥɧɢɬɟɥɧɚɢɧɮɨɪɦɚɰɢɹɟɩɪɟɞɨɫɬɚɜɟɧɚɜȻɟɥɟɠɤɚɈɰɟɧɤɚɬɚɧɚɧɟɡɚɜɢɫɢɦɢɹɨɰɟɧɢɬɟɥɤɴɦ

ɞɟɤɟɦɜɪɢɝɢɤɴɦɞɟɤɟɦɜɪɢɝɟɛɚɡɢɪɚɧɚɧɚɦɟɬɨɞɚɧɚɩɚɡɚɪɧɢɬɟɚɧɚɥɨɡɢɫɪɚɜɧɢɬɟɥɟɧɦɟɬɨɞɢ

ɦɟɬɨɞɚɧɚɤɚɩɢɬɚɥɢɡɢɪɚɧɟɧɚɩɨɡɟɦɥɟɧɚɬɚɪɟɧɬɚɨɫɧɨɜɚɧɧɚɜɴɡɜɪɴɳɚɟɦɨɫɬɬɚɨɬɢɧɜɟɫɬɢɰɢɹɬɚ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







 ɋɴɳɟɫɬɜɟɧɢ ɫɱɟɬɨɜɨɞɧɢ ɩɪɟɰɟɧɤɢ ɩɪɢɛɥɢɡɢɬɟɥɧɢ ɨɰɟɧɤɢ ɢ ɩɪɟɞɩɨɥɨɠɟɧɢɹ

ɩɪɨɞɴɥɠɟɧɢɟ

ɉɪɢɛɥɢɡɢɬɟɥɧɢɨɰɟɧɤɢɢɩɪɟɞɩɨɥɨɠɟɧɢɹɩɪɨɞɴɥɠɟɧɢɟ

ɉɪɨɜɢɡɢɹ ɡɚ ɨɱɚɤɜɚɧɢ ɤɪɟɞɢɬɧɢ ɡɚɝɭɛɢ ɡɚ ɬɴɪɝɨɜɫɤɢ ɜɡɟɦɚɧɢɹ ɢ ɜɡɟɦɚɧɢɹ ɨɬ ɩɪɨɞɚɠɛɢ ɧɚ ɥɢɡɢɧɝ ɢ ɪɚɡɫɪɨɱɟɧɨ

ɩɥɚɳɚɧɟ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɢɡɩɨɥɡɜɚ ɦɚɬɪɢɰɚ ɡɚ ɩɪɨɜɢɡɢɪɚɧɟ ɡɚ ɢɡɱɢɫɥɟɧɢɟ ɧɚ ɈɄɁ ɡɚ ɬɴɪɝɨɜɫɤɢɬɟ ɜɡɟɦɚɧɢɹ Ɇɚɬɪɢɰɚɬɚ ɡɚ

ɩɪɨɜɢɡɢɪɚɧɟɩɴɪɜɨɧɚɱɚɥɧɨɫɟɨɫɧɨɜɚɜɚɧɚɩɪɨɰɟɧɬɢɬɟɧɚɩɪɨɫɪɨɱɢɟɧɚɛɥɸɞɚɜɚɧɢɨɬȾɪɭɠɟɫɬɜɨɬɨɜɢɫɬɨɪɢɱɟɫɤɢ

ɩɥɚɧ Ⱦɪɭɠɟɫɬɜɨɬɨ ɩɪɟɰɢɡɢɪɚ ɦɚɬɪɢɰɚɬɚ ɡɚ ɞɚ ɤɨɪɢɝɢɪɚ ɢɫɬɨɪɢɱɟɫɤɢɹɨɩɢɬɫɴɫɡɚɝɭɛɢɬɟɩɨɤɪɟɞɢɬɢɱɪɟɡ

ɜɤɥɸɱɜɚɧɟ ɧɚ ɩɪɨɝɧɨɡɧɚ ɢɧɮɨɪɦɚɰɢɹ ɇɚɩɪɢɦɟɪ ɚɤɨ ɩɪɨɝɧɨɡɢɬɟ ɡɚ ɢɤɨɧɨɦɢɱɟɫɤɢ ɭɫɥɨɜɢɹ ɧɚɩɪɢɦɟɪ ɛɪɭɬɟɧ

ɜɴɬɪɟɲɟɧ ɩɪɨɞɭɤɬ ɫɟ ɨɱɚɤɜɚ ɞɚ ɫɟ ɜɥɨɲɚɬ ɩɪɟɡ ɫɥɟɞɜɚɳɚɬɚ ɝɨɞɢɧɚ ɤɨɟɬɨ ɦɨɠɟ ɞɚ ɞɨɜɟɞɟ ɞɨ ɩɨɝɨɥɹɦ ɛɪɨɣ

ɩɪɨɫɪɨɱɢɹɜɡɟɦɟɞɟɥɫɤɢɹɫɟɤɬɨɪɢɫɬɨɪɢɱɟɫɤɢɬɟɩɪɨɰɟɧɬɢɧɚɩɪɨɫɪɨɱɢɹɫɟɤɨɪɢɝɢɪɚɬ



ɂɫɬɨɪɢɱɟɫɤɢɬɟ ɩɪɨɰɟɧɬɢ ɧɚ ɩɪɨɫɪɨɱɢɹ ɫɟ ɚɤɬɭɚɥɢɡɢɪɚɬ ɤɴɦ ɜɫɹɤɚ ɨɬɱɟɬɧɚ ɞɚɬɚ ɢ ɩɪɨɦɟɧɢɬɟ ɜ ɩɪɨɝɧɨɡɧɢɬɟ

ɩɪɢɛɥɢɡɢɬɟɥɧɢɨɰɟɧɤɢɫɟɚɧɚɥɢɡɢɪɚɬ



Ɉɰɟɧɤɚɬɚɡɚɤɨɪɟɥɚɰɢɹɬɚɦɟɠɞɭɢɫɬɨɪɢɱɟɫɤɢɬɟɩɪɨɰɟɧɬɢɧɚɩɪɨɫɪɨɱɢɟɩɪɨɝɧɨɡɢɬɟɡɚɢɤɨɧɨɦɢɱɟɫɤɢɬɟɭɫɥɨɜɢɹɢ

ɈɄɁ ɩɪɟɞɫɬɚɜɥɹɜɚ ɫɴɳɟɫɬɜɟɧɚ ɩɪɢɛɥɢɡɢɬɟɥɧɚ ɨɰɟɧɤɚ Ɋɚɡɦɟɪɴɬ ɧɚ ɈɄɁɟɱɭɜɫɬɜɢɬɟɥɟɧɫɩɪɹɦɨɩɪɨɦɟɧɢɜ

ɨɛɫɬɨɹɬɟɥɫɬɜɚɬɚɢɩɪɨɝɧɨɡɢɪɚɧɢɬɟɢɤɨɧɨɦɢɱɟɫɤɢɭɫɥɨɜɢɹɂɫɬɨɪɢɱɟɫɤɢɹɬɨɩɢɬɧɚȾɪɭɠɟɫɬɜɨɬɨɩɨɨɬɧɨɲɟɧɢɟɧɚ

ɤɪɟɞɢɬɧɢɬɟɡɚɝɭɛɢɢɩɪɨɝɧɨɡɢɬɟɡɚɢɤɨɧɨɦɢɱɟɫɤɢɬɟɭɫɥɨɜɢɹɦɨɠɟɫɴɳɨɬɚɤɚɞɚɧɟɫɚɩɪɟɞɫɬɚɜɢɬɟɥɧɢɡɚɪɟɚɥɧɢɬɟ

ɩɪɨɫɪɨɱɢɹ ɨɬ ɫɬɪɚɧɚ ɧɚ ɤɥɢɟɧɬɚ ɜ ɛɴɞɟɳɟ ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɈɄɁ ɩɨ ɬɴɪɝɨɜɫɤɢɬɟ ɜɡɟɦɚɧɢɹ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ

ɨɩɨɜɟɫɬɟɧɚɜȻɟɥɟɠɤɚɢȻɟɥɟɠɤɚ



Ⱦɪɭɠɟɫɬɜɨɬɨ ɚɧɚɥɢɡɢɪɚ ɜɡɟɦɚɧɢɹɬɚ ɨɬ ɩɪɨɞɚɠɛɚ ɧɚ ɪɚɡɫɪɨɱɟɧɨ ɩɥɚɳɚɧɟ ɢɧɞɢɜɢɞɭɚɥɧɨ ɤɚɬɨ ɨɫɜɟɧ ɤɪɟɞɢɬɧɨɬɨ

ɫɴɫɬɨɹɧɢɟɧɚɤɨɧɬɪɚɝɟɧɬɚɢɧɚɥɢɱɢɟɬɨɧɚɩɪɨɫɪɨɱɢɹɜɩɥɚɳɚɧɢɹɬɚɜɡɟɦɚɩɨɞɜɧɢɦɚɧɢɟɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɧɚ

ɨɛɟɡɩɟɱɟɧɢɟɬɨɩɨɞɨɝɨɜɨɪɚɧɚɦɚɥɟɧɨɫɴɫɫɭɦɢɬɟɤɨɢɬɨɛɢɯɚɛɢɥɢɜɴɪɧɚɬɢɧɚɤɥɢɟɧɬɚɩɪɢɟɜɟɧɬɭɚɥɧɨɩɪɟɤɪɚɬɹɜɚɧɟ

ɧɚɞɨɝɨɜɨɪɚɄɴɦɞɟɤɟɦɜɪɢɝɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɧɚɨɛɟɡɩɟɱɟɧɢɟɬɨɩɨɞɨɝɨɜɨɪɚɧɚɦɚɥɟɧɨɫɴɫɫɭɦɢɬɟ

ɤɨɢɬɨ ɛɢɯɚ ɛɢɥɢ ɜɴɪɧɚɬɢ ɧɚ ɤɥɢɟɧɬɚ ɩɪɢ ɟɜɟɧɬɭɚɥɧɨ ɩɪɟɤɪɚɬɹɜɚɧɟ ɧɚ ɞɨɝɨɜɨɪɚ ɩɨɤɪɢɜɚ ɜ ɡɧɚɱɢɬɟɥɧɚ ɫɬɟɩɟɧ

ɜɡɟɦɚɧɢɹɬɚ ɨɬ ɩɪɨɞɚɠɛɢ ɧɚ ɪɚɡɫɪɨɱɟɧɨ ɩɥɚɳɚɧɟ ɜɤɥɸɱɟɧɢ ɜ ɨɬɱɟɬɚ ɡɚ ɮɢɧɚɧɫɨɜɨɬɨ ɫɴɫɬɨɹɧɢɟ Ɋɟɫɩɟɤɬɢɜɧɨ

ȾɪɭɠɟɫɬɜɨɬɨɧɟɟɩɪɢɡɧɚɥɨɩɪɨɜɢɡɢɹɡɚɈɄɁɡɚɜɡɟɦDɧɢɹɬɚɨɬɩɪɨɞɚɠɛɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟȾɨɩɴɥɧɢɬɟɥɧɚ

ɢɧɮɨɪɦɚɰɢɹɡɚɜɡɟɦɚɧɢɹɬɚɩɨɞɨɝɨɜɨɪɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɟɩɪɟɞɫɬɚɜɟɧɚɜȻɟɥɟɠɤɚ

ɉɭɛɥɢɤɭɜɚɧɢɫɬɚɧɞɚɪɬɢɤɨɢɬɨɜɫɟɨɳɟɧɟɫɚɜɫɢɥɚɢɧɟɫɚɜɴɡɩɪɢɟɬɢɩɨɪɚɧɨ



ɉɭɛɥɢɤɭɜɚɧɢɬɟ ɧɨɜɢ ɢ ɢɡɦɟɧɟɧɢ ɫɬɚɧɞɚɪɬɢ ɢ ɪɚɡɹɫɧɟɧɢɹɬɚ ɤɴɦ ɬɹɯɤɨɢɬɨɜɫɟɨɳɟɧɟɫɚɜɫɢɥɚɞɨɞɚɬɚɬɚɧɚ

ɢɡɞɚɜɚɧɟɧɚɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬɧɚȾɪɭɠɟɫɬɜɨɬɨɫɚɨɩɨɜɟɫɬɟɧɢɩɨɞɨɥɭȾɪɭɠɟɫɬɜɨɬɨɜɴɡɧɚɦɟɪɹɜɚɞɚɩɪɢɥɨɠɢɬɟɡɢ

ɧɨɜɢɢɢɡɦɟɧɟɧɢɫɬɚɧɞɚɪɬɢɢɪɚɡɹɫɧɟɧɢɹɩɪɢɭɫɥɨɜɢɟɱɟɫɚɩɪɢɥɨɠɢɦɢɤɨɝɚɬɨɜɥɹɡɚɬɜɫɢɥɚ



ɆɋɎɈ 17 Ɂɚɫɬɪɚɯɨɜɚɬɟɥɧɢ ɞɨɝɨɜɨɪɢ

ɉɪɟɡɦɚɣɝɋɆɋɋɩɭɛɥɢɤɭɜɚɆɋɎɈɁɚɫɬɪɚɯɨɜɚɬɟɥɧɢ ɞɨɝɨɜɨɪɢɆɋɎɈɢɡɱɟɪɩɚɬɟɥɟɧɧɨɜɫɱɟɬɨɜɨɞɟɧ

ɫɬɚɧɞɚɪɬɡɚɡɚɫɬɪɚɯɨɜɚɬɟɥɧɢɞɨɝɨɜɨɪɢɨɛɯɜɚɳɚɳɩɪɢɡɧɚɜɚɧɟɬɨɢɨɰɟɧɹɜɚɧɟɬɨɩɪɟɞɫɬɚɜɹɧɟɬɨɢɨɩɨɜɟɫɬɹɜɚɧɟɬɨ

ɋɬɚɧɞɚɪɬɴɬɜɥɢɡɚɜɫɢɥɚɡɚɝɨɞɢɲɧɢɩɟɪɢɨɞɢɡɚɩɨɱɜɚɳɢɧɚɢɥɢɫɥɟɞɹɧɭɚɪɢɝɉɨɪɚɧɧɨɬɨɩɪɢɥɚɝɚɧɟɟ

ɩɨɡɜɨɥɟɧɨɩɪɢɭɫɥɨɜɢɟɱɟɩɪɟɞɩɪɢɹɬɢɟɬɨɩɪɢɥɚɝɚɫɴɳɨɆɋɎɈɧɚɢɥɢɩɪɟɞɢɞɚɬɚɬɚɧɚɤɨɹɬɨɡɚɩɨɱɜɚɞɚɩɪɢɥɚɝɚ

ɆɋɎɈɡɚɩɴɪɜɢɩɴɬɌɨɜɚɟɢɡɱɟɪɩɚɬɟɥɟɧɧɨɜɫɱɟɬɨɜɨɞɟɧɫɬɚɧɞɚɪɬɡɚɡɚɫɬɪɚɯɨɜɚɬɟɥɧɢɬɟɞɨɝɨɜɨɪɢɨɛɯɜɚɳɚɳ

ɩɪɢɡɧɚɜɚɧɟɬɨ ɢ ɨɰɟɧɹɜɚɧɟɬɨ ɩɪɟɞɫɬɚɜɹɧɟɬɨ ɢ ɨɩɨɜɟɫɬɹɜɚɧɟɬɨ ɆɋɎɈ  ɫɟ ɩɪɢɥɚɝɚ ɡɚ ɜɫɢɱɤɢ ɜɢɞɨɜɟ

ɡɚɫɬɪɚɯɨɜɚɬɟɥɧɢ ɞɨɝɨɜɨɪɢ ɤɚɤɬɨ ɢ ɩɨ ɨɬɧɨɲɟɧɢɟ ɧɚ ɨɩɪɟɞɟɥɟɧɢ ɝɚɪɚɧɰɢɢ ɢ ɮɢɧɚɧɫɨɜɢ ɢɧɫɬɪɭɦɟɧɬɢ

ɩɪɟɞɫɬɚɜɥɹɜɚɳɢɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɞɨɝɨɜɨɪɢɫɞɢɫɤɪɟɰɢɨɧɧɨɭɱɚɫɬɢɟȼɴɡɩɪɢɟɦɚɧɟɬɨɧɚɫɬɚɧɞɚɪɬɚɧɟɫɟɨɱɚɤɜɚɞɚ

ɨɤɚɠɟɜɥɢɹɧɢɟɜɴɪɯɭɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɢɥɢɪɟɡɭɥɬɚɬɢɨɬɞɟɣɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨ



ɂɡɦɟɧɟɧɢɹ ɜ Ɇɋɋ 1 ɉɪɟɞɫɬɚɜɹɧɟ ɧɚ ɮɢɧɚɧɫɨɜɢ ɨɬɱɟɬɢ ɢ ɂɡɥɨɠɟɧɢɟ ɡɚ ɩɪɚɤɬɢɤɚ ɩɨ ɆɋɎɈ 2: Ɉɩɨɜɟɫɬɹɜɚɧɟ

ɧɚ ɫɱɟɬɨɜɨɞɧɢ ɩɨɥɢɬɢɤɢ

ɉɪɟɡɮɟɜɪɭɚɪɢɝɋɴɜɟɬɴɬɩɭɛɥɢɤɭɜɚɢɡɦɟɧɟɧɢɹɜɆɋɋɢɂɡɥɨɠɟɧɢɟɡɚɩɪɚɤɬɢɤɚɩɨɆɋɎɈɂɡɜɴɪɲɜɚɧɟ

ɧɚ ɩɪɟɰɟɧɤɢ ɨɬɧɨɫɧɨ ɧɢɜɨɬɨ ɧɚ ɫɴɳɟɫɬɜɟɧɨɫɬ ɂɉɜɤɨɟɬɨɩɪɟɞɨɫɬɚɜɹɧɚɫɨɤɢɢɩɪɢɦɟɪɢɜɩɨɦɨɳɧɚ

ɩɪɟɞɩɪɢɹɬɢɹɬɚɩɪɢɩɪɢɥɚɝɚɧɟɬɨɧɚɩɪɟɰɟɧɤɢɨɬɧɨɫɧɨɧɢɜɨɬɨɧɚɫɴɳɟɫɬɜɟɧɨɫɬɩɪɢɨɩɨɜɟɫɬɹɜɚɧɟɬɨɧɚɫɱɟɬɨɜɨɞɧɢ

ɩɨɥɢɬɢɤɢ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







 ɉɭɛɥɢɤɭɜɚɧɢ ɫɬɚɧɞɚɪɬɢ ɤɨɢɬɨ ɜɫɟ ɨɳɟ ɧɟ ɫɚ ɜ ɫɢɥɚ ɢ ɧɟ ɫɚ ɜɴɡɩɪɢɟɬɢ ɩɨɪɚɧɨ

ɩɪɨɞɴɥɠɟɧɢɟ

ɂɡɦɟɧɟɧɢɹ ɜ Ɇɋɋ 1 ɉɪɟɞɫɬɚɜɹɧɟ ɧɚ ɮɢɧɚɧɫɨɜɢ ɨɬɱɟɬɢ ɢ ɂɡɥɨɠɟɧɢɟ ɡɚ ɩɪɚɤɬɢɤɚ ɩɨ ɆɋɎɈ 2: Ɉɩɨɜɟɫɬɹɜɚɧɟ

ɧɚ ɫɱɟɬɨɜɨɞɧɢ ɩɨɥɢɬɢɤɢ (ɩɪɨɞɴɥɠɟɧɢɟ)

ɂɡɦɟɧɟɧɢɹɬɚɰɟɥɹɬɞɚɩɨɞɩɨɦɨɝɧɚɬɩɪɟɞɩɪɢɹɬɢɹɬɚɩɪɢɩɪɟɞɨɫɬɚɜɹɧɟɬɨɧɚɨɩɨɜɟɫɬɹɜɚɧɢɹɧɚɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢ

ɤɨɢɬɨɫɚɩɨɩɨɥɟɡɧɢɱɪɟɡ

x ɁɚɦɹɧɚɧɚɢɡɢɫɤɜɚɧɟɬɨɤɴɦɩɪɟɞɩɪɢɹɬɢɹɬɚɞɚɨɩɨɜɟɫɬɹɜɚɬɫɜɨɢɬɟÄɫɴɳɟɫɬɜɟɧɢ³ɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɫ

ɢɡɢɫɤɜɚɧɟɞɚɨɩɨɜɟɫɬɹɜɚɬɫɜɨɢɬɟÄɡɧɚɱɢɦɢ³ɫɱɟɬɨɜɨɞɧɢɩɨɥɢɬɢɤɢɢ

x Ⱦɨɛɚɜɹɧɟɧɚɧɚɫɨɤɢɨɬɧɨɫɧɨɬɨɜɚɤɚɤɩɪɟɞɩɪɢɹɬɢɹɬɚɞɚɩɪɢɥɚɝɚɬɤɨɧɰɟɩɰɢɹɬɚɡɚɫɴɳɟɫɬɜɟɧɨɫɬɬɚɤɨɝɚɬɨ

ɜɡɟɦɚɬɪɟɲɟɧɢɹɨɬɧɨɫɧɨɨɩɨɜɟɫɬɹɜɚɧɢɹɬɚɧɚɫɱɟɬɨɜɨɞɧɢɬɟɩɨɥɢɬɢɤɢ

ɂɡɦɟɧɟɧɢɹɬɚɜɥɢɡɚɬ ɜ ɫɢɥɚ ɡɚɝɨɞɢɲɧɢɨɬɱɟɬɧɢ ɩɟɪɢɨɞɢɡɚɩɨɱɜɚɳɢ ɧɚ ɢɥɢ ɫɥɟɞɹɧɭɚɪɢ  ɝ ɉɨɪɚɧɧɨɬɨ

ɩɪɢɥɨɠɟɧɢɟɧɚɢɡɦɟɧɟɧɢɹɬɚɜɆɋɋɟɩɨɡɜɨɥɟɧɨɞɨɬɨɥɤɨɜɚɞɨɤɨɥɤɨɬɨɬɨɡɢɮɚɤɬɟɨɩɨɜɟɫɬɟɧȾɪɭɠɟɫɬɜɨɬɨɳɟ

ɚɧɚɥɢɡɢɪɚɢɨɰɟɧɢɟɮɟɤɬɢɬɟɨɬɢɡɦɟɧɟɧɢɹɬɚɜɴɪɯɭɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɢɥɢɪɟɡɭɥɬɚɬɢɬɟɨɬɞɟɣɧɨɫɬɬɚ



ɂɡɦɟɧɟɧɢɹ ɜ Ɇɋɋ 8 ɋɱɟɬɨɜɨɞɧɚ ɩɨɥɢɬɢɤɚ, ɩɪɨɦɟɧɢ ɜ ɫɱɟɬɨɜɨɞɧɢɬɟ ɩɪɢɛɥɢɡɢɬɟɥɧɢ ɨɰɟɧɤɢ ɢ ɝɪɟɲɤɢ:

Ⱦɟɮɢɧɢɰɢɹ ɡɚ ɫɱɟɬɨɜɨɞɧɢ ɩɪɢɛɥɢɡɢɬɟɥɧɢ ɨɰɟɧɤɢ

ɉɪɟɡɮɟɜɪɭɚɪɢɝɋɴɜɟɬɴɬɩɭɛɥɢɤɭɜɚɢɡɦɟɧɟɧɢɹɜɆɋɋɱɪɟɡɤɨɢɬɨɜɴɜɟɠɞɚɧɨɜɚɞɟɮɢɧɢɰɢɹɡɚÄɫɱɟɬɨɜɨɞɧɢ

ɩɪɢɛɥɢɡɢɬɟɥɧɢɨɰɟɧɤɢ³ɂɡɦɟɧɟɧɢɹɬɚɪɚɡɹɫɧɹɜɚɬɪɚɡɥɢɤɚɬɚɦɟɠɞɭɩɪɨɦɟɧɢɜɫɱɟɬɨɜɨɞɧɢɬɟɩɪɢɛɥɢɡɢɬɟɥɧɢɨɰɟɧɤɢ

ɢ ɩɪɨɦɟɧɢ ɜ ɫɱɟɬɨɜɨɞɧɢɬɟ ɩɨɥɢɬɢɤɢ ɢ ɤɨɪɟɤɰɢɹɬɚ ɧɚ ɝɪɟɲɤɢ Ɍɟ ɫɴɳɨ ɬɚɤɚ ɪɚɡɹɫɧɹɜɚɬ ɩɨ ɤɚɤɴɜ ɧɚɱɢɧ

ɩɪɟɞɩɪɢɹɬɢɹɬɚ ɢɡɩɨɥɡɜɚɬ ɬɟɯɧɢɤɢɬɟ ɡɚ ɨɰɟɧɹɜɚɧɟ ɢ ɜɯɨɞɹɳɢɬɟ ɞɚɧɧɢ ɡɚ ɪɚɡɪɚɛɨɬɜɚɧɟɬɨ ɧɚ ɫɱɟɬɨɜɨɞɧɢ

ɩɪɢɛɥɢɡɢɬɟɥɧɢɨɰɟɧɤɢ

ɂɡɦɟɧɟɧɢɹɬɫɬɚɧɞɚɪɬɩɨɹɫɧɹɜɚɱɟɟɮɟɤɬɢɬɟɜɴɪɯɭɞɚɞɟɧɚɫɱɟɬɨɜɨɞɧɚɩɪɢɛɥɢɡɢɬɟɥɧɚɨɰɟɧɤɚɜɪɟɡɭɥɬɚɬɧɚɩɪɨɦɹɧɚ

ɜɴɜɜɯɨɞɹɳɢɞɚɧɧɢɢɥɢɩɪɨɦɹɧɚɜɬɟɯɧɢɤɚɬɚɡɚɨɰɟɧɹɜɚɧɟɩɪɟɞɫɬɚɜɥɹɜɚɬɩɪɨɦɟɧɢɜɫɱɟɬɨɜɨɞɧɢɬɟɩɪɢɛɥɢɡɢɬɟɥɧɢ

ɨɰɟɧɤɢɚɤɨɧɟɜɨɞɹɬɞɨ ɤɨɪɟɤɰɢɹɧɚɝɪɟɲɤɢɨɬɩɪɟɞɯɨɞɟɧɩɟɪɢɨɞɋɴɜɟɬɴɬɡɚɩɚɡɜɚɚɫɩɟɤɬɚɨɬɞɟɮɢɧɢɰɢɹɬɚɡɚ

ɫɱɟɬɨɜɨɞɧɢɩɪɢɛɥɢɡɢɬɟɥɧɢɨɰɟɧɤɢɱɟɩɪɨɦɟɧɢɬɟɜɫɱɟɬɨɜɨɞɧɢɬɟɩɪɢɛɥɢɡɢɬɟɥɧɢɨɰɟɧɤɢɦɨɝɚɬɞɚɫɚɪɟɡɭɥɬɚɬɨɬ

ɧɨɜɚɢɧɮɨɪɦɚɰɢɹɢɥɢɧɨɜɢɪɚɡɜɢɬɢɹɂɡɦɟɧɟɧɢɹɬɚɜɥɢɡɚɬɜɫɢɥɚɡɚɝɨɞɢɲɧɢɨɬɱɟɬɧɢɩɟɪɢɨɞɢɡɚɩɨɱɜɚɳɢɧɚɢɥɢ

ɫɥɟɞɹɧɭɚɪɢɝɉɨɡɜɨɥɹɜɚɫɟɢɩɨɪɚɧɧɨɬɨɢɦɩɪɢɥɚɝɚɧɟȾɪɭɠɟɫɬɜɨɬɨɳɟɚɧɚɥɢɡɢɪɚɢɨɰɟɧɢɟɮɟɤɬɢɬɟɨɬ

ɢɡɦɟɧɟɧɢɹɬɚɜɴɪɯɭɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɢɥɢɪɟɡɭɥɬɚɬɢɬɟɨɬɞɟɣɧɨɫɬɬɚ



ɂɡɦɟɧɟɧɢɹ ɜ Ɇɋɋ 12 Ⱦɚɧɴɰɢ ɜɴɪɯɭ ɞɨɯɨɞɚ: Ɉɬɫɪɨɱɟɧ ɞɚɧɴɤ, ɫɜɴɪɡɚɧ ɫ ɚɤɬɢɜɢ ɢ ɩɚɫɢɜɢ, ɜɴɡɧɢɤɜɚɳɢ ɜ

ɪɟɡɭɥɬɚɬ ɧɚ ɟɞɧɚ ɫɞɟɥɤɚ

ɉɪɟɡɦɚɣɝɋɴɜɟɬɴɬɩɭɛɥɢɤɭɜɚɢɡɦɟɧɟɧɢɹɜɆɋɋɤɨɢɬɨɫɬɟɫɧɹɜɚɬɨɛɯɜɚɬɚɧɚɩɨɡɜɨɥɟɧɢɬɟɢɡɤɥɸɱɟɧɢɹɨɬ

ɩɴɪɜɨɧɚɱɚɥɧɨɬɨɩɪɢɡɧɚɜɚɧɟɫɴɝɥɚɫɧɨɆɋɋɬɚɤɚɱɟɬɟɜɟɱɟɧɟɫɚɩɪɢɥɨɠɢɦɢɡɚɫɞɟɥɤɢɤɨɢɬɨɩɨɪɚɠɞɚɬɪɚɜɧɢ

ɨɛɥɚɝɚɟɦɢɢɩɪɢɡɧɚɜɚɳɢɫɟɡɚɞɚɧɴɱɧɢɰɟɥɢɜɪɟɦɟɧɧɢɪɚɡɥɢɤɢɂɡɦɟɧɟɧɢɹɬɚɩɨɹɫɧɹɜɚɬɱɟɤɨɝɚɬɨɩɥɚɳɚɧɢɹɬɚ

ɤɨɢɬɨɭɪɟɠɞɚɬɞɚɞɟɧɨɡɚɞɴɥɠɟɧɢɟɫɟɩɪɢɡɧɚɜɚɬɡɚɞɚɧɴɱɧɢɰɟɥɢɟɜɴɩɪɨɫɧɚɩɪɟɰɟɧɤɚɞɚɥɢɬɟɡɢɩɪɢɫɩɚɞɚɧɢɹɡɚ

ɞɚɧɴɱɧɢɰɟɥɢɦɨɝɚɬɞɚɛɴɞɚɬɨɬɧɟɫɟɧɢɤɴɦɩɪɢɡɧɚɬɨɬɨɜɴɜɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬɡɚɞɴɥɠɟɧɢɟɢɥɢɤɴɦɫɜɴɪɡɚɧɢɹɫɧɟɝɨ

ɚɤɬɢɜ Ɍɚɡɢ ɩɪɟɰɟɧɤɚ ɟ ɜɚɠɧɚ ɩɪɢ ɨɩɪɟɞɟɥɹɧɟɬɨ ɞɚɥɢ ɩɪɢ ɩɴɪɜɨɧɚɱɚɥɧɨɬɨ ɩɪɢɡɧɚɜɚɧɟ ɧɚ ɚɤɬɢɜɚ ɢ ɩɚɫɢɜɚ

ɫɴɳɟɫɬɜɭɜɚɜɪɟɦɟɧɧɚɪɚɡɥɢɤɚ

ɋɴɝɥɚɫɧɨ ɢɡɦɟɧɟɧɢɹɬɚ ɢɡɤɥɸɱɟɧɢɹɬɚ ɜ ɩɴɪɜɨɧɚɱɚɥɧɨɬɨ ɩɪɢɡɧɚɜɚɧɟ ɧɟ ɫɚ ɩɪɢɥɨɠɢɦɢ ɡɚ ɫɞɟɥɤɢ ɤɨɢɬɨ ɩɪɢ

ɩɴɪɜɨɧɚɱɚɥɧɨɬɨɩɪɢɡɧɚɜɚɧɟɩɨɪɚɠɞɚɬɪɚɜɧɢɨɛɥɚɝɚɟɦɢɢɩɪɢɡɧɚɜɚɳɢɫɟɡɚɞɚɧɴɱɧɢɰɟɥɢɜɪɟɦɟɧɧɢɪɚɡɥɢɤɢɌɨɟ

ɩɪɢɥɨɠɢɦɨɟɞɢɧɫɬɜɟɧɨɚɤɨɩɪɢɡɧɚɜɚɧɟɬɨɧɚɥɢɡɢɧɝɨɜɚɤɬɢɜɢɡɚɞɴɥɠɟɧɢɟɩɨɥɢɡɢɧɝɢɥɢɡɚɞɴɥɠɟɧɢɟɡɚɢɡɜɟɠɞɚɧɟ

ɨɬ ɟɤɫɩɥɨɚɬɚɰɢɹ ɢ ɤɨɦɩɨɧɟɧɬ ɨɬ ɚɤɬɢɜ ɩɨɞɥɟɠɚɳ ɧɚ ɢɡɜɟɠɞɚɧɟ ɨɬ ɟɤɫɩɥɨɚɬɚɰɢɹ ɩɨɪɚɠɞɚɬ ɨɛɥɚɝɚɟɦɢ ɢ

ɩɪɢɡɧɚɜɚɳɢɫɟɡɚɞɚɧɴɱɧɢɰɟɥɢɜɪɟɦɟɧɧɢɪɚɡɥɢɤɢɤɨɢɬɨɧɟɫɚɪɚɜɧɢ

ɂɡɦɟɧɟɧɢɹɬɚɜɥɢɡɚɬɜɫɢɥɚɡɚɝɨɞɢɲɧɢɨɬɱɟɬɧɢɩɟɪɢɨɞɢɡɚɩɨɱɜɚɳɢɧɚɢɥɢɫɥɟɞɹɧɭɚɪɢɝɉɪɟɞɩɪɢɹɬɢɟɬɨ

ɬɪɹɛɜɚɞɚɩɪɢɥɚɝɚɢɡɦɟɧɟɧɢɹɬɚɩɨ ɨɬɧɨɲɟɧɢɟɧɚɫɞɟɥɤɢ ɤɨɢɬɨɜɴɡɧɢɤɜɚɬɧɚɢɥɢ ɫɥɟɞɧɚɱɚɥɨɬɨɧɚ ɧɚɣɪɚɧɧɢɹ

ɩɪɟɞɫɬɚɜɟɧ ɫɪɚɜɧɢɬɟɥɟɧ ɩɟɪɢɨɞ ȼ ɞɨɩɴɥɧɟɧɢɟ ɜ ɧɚɱɚɥɨɬɨ ɧɚ ɧɚɣɪɚɧɧɢɹ ɩɪɟɞɫɬɚɜɟɧ ɫɪɚɜɧɢɬɟɥɟɧ ɩɟɪɢɨɞ

ɩɪɟɞɩɪɢɹɬɢɟɬɨɬɪɹɛɜɚɫɴɳɨɞɚɩɪɢɡɧɚɟɨɬɫɪɨɱɟɧɞɚɧɴɱɟɧɚɤɬɢɜɩɪɢɭɫɥɨɜɢɟɱɟɟɧɚɪɚɡɩɨɥɨɠɟɧɢɟɞɨɫɬɚɬɴɱɧɚ

ɨɛɥɚɝɚɟɦɚɩɟɱɚɥɛɚɢɨɬɫɪɨɱɟɧɞɚɧɴɱɟɧɩɚɫɢɜɡɚɜɫɢɱɤɢɩɪɢɫɩɚɞɚɳɢɫɟɢɨɛɥɚɝɚɟɦɢɜɪɟɦɟɧɧɢɪɚɡɥɢɤɢɫɜɴɪɡɚɧɢɫ

ɥɢɡɢɧɝɢɢɡɚɞɴɥɠɟɧɢɹɡɚɢɡɜɟɠɞɚɧɟɨɬɟɤɫɩɥɨɚɬɚɰɢɹȾɪɭɠɟɫɬɜɨɬɨɳɟɚɧɚɥɢɡɢɪɚɢɨɰɟɧɢɟɮɟɤɬɢɬɟɨɬɢɡɦɟɧɟɧɢɹɬɚ

ɜɴɪɯɭɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɢɥɢɪɟɡɭɥɬɚɬɢɬɟɨɬɞɟɣɧɨɫɬɬɚ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







 ɉɭɛɥɢɤɭɜɚɧɢ ɫɬɚɧɞɚɪɬɢ ɤɨɢɬɨ ɜɫɟ ɨɳɟ ɧɟ ɫɚ ɜ ɫɢɥɚ ɢ ɧɟ ɫɚ ɜɴɡɩɪɢɟɬɢ ɩɨɪɚɧɨ

ɩɪɨɞɴɥɠɟɧɢɟ

ɂɡɦɟɧɟɧɢɹ ɜ Ɇɋɋ 1: Ʉɥɚɫɢɮɢɤɚɰɢɹ ɧɚ ɩɚɫɢɜɢɬɟ ɤɚɬɨ ɬɟɤɭɳɢ ɢɥɢ ɧɟɬɟɤɭɳɢ

ɉɪɟɡɹɧɭɚɪɢɝɋɆɋɋɩɭɛɥɢɤɭɜɚɢɡɦɟɧɟɧɢɹɜɩɚɪɚɝɪɚɮɢɞɨ ɧɚ Ɇɋɋ  ɱɪɟɡ ɤɨɢɬɨ ɫɟ ɭɩɨɦɟɧɚɜɚɬ

ɤɨɧɤɪɟɬɧɨɢɡɢɫɤɜɚɧɢɹɬɚɡɚɤɥɚɫɢɮɢɰɢɪɚɧɟɧɚɩɚɫɢɜɢɬɟɤɚɬɨɬɟɤɭɳɢɢɥɢɧɟɬɟɤɭɳɢɂɡɦɟɧɟɧɢɹɬɚɩɨɹɫɧɹɜɚɬ

x Ʉɚɤɜɨɫɟɢɦɚɩɪɟɞɜɢɞɩɨɞɩɪɚɜɨɡɚɪɚɡɫɪɨɱɜɚɧɟɧɚɭɪɟɠɞɚɧɟɬɨ

x ɑɟɬɪɹɛɜɚɞɚɫɴɳɟɫɬɜɭɜɚɩɪɚɜɨɡɚɪɚɡɫɪɨɱɜɚɧɟɜɤɪɚɹɧɚɨɬɱɟɬɧɢɹɩɟɪɢɨɞ

x ɑɟɤɥɚɫɢɮɢɤɚɰɢɹɬɚɧɟɫɟɡɚɫɹɝɚɨɬɜɟɪɨɹɬɧɨɫɬɬɚɩɪɟɞɩɪɢɹɬɢɟɬɨɞɚɭɩɪɚɠɧɢɩɪɚɜɨɬɨɫɢɡɚɪɚɡɫɪɨɱɜɚɧɟ

x ɑɟɟɞɢɧɫɬɜɟɧɨɚɤɨɜɧɟɞɪɟɧɞɟɪɢɜɚɬɢɜɜɤɨɧɜɟɪɬɢɪɭɟɦɩɚɫɢɜɫɚɦɩɨ ɫɟɛɟ ɫɢ ɟ ɤɚɩɢɬɚɥɨɜ ɢɧɫɬɪɭɦɟɧɬ

ɭɫɥɨɜɢɹɬɚɧɚɩɚɫɢɜɚɧɹɦɚɞɚɫɟɨɬɪɚɡɹɬɧɚɧɟɝɨɜɚɬɚɤɥɚɫɢɮɢɤɚɰɢɹ

ɉɪɟɡ ɸɥɢ  ɝ ɋɴɜɟɬɴɬ ɩɪɢɟ ɩɪɟɞɜɚɪɢɬɟɥɧɨ ɪɟɲɟɧɢɟ ɞɚ ɩɪɟɞɥɨɠɢɧɹɤɨɥɤɨɢɡɦɟɧɟɧɢɹɜɪɚɡɹɫɧɟɧɢɹɬɚ

ɩɪɟɞɨɫɬɚɜɟɧɢɩɪɟɡɹɧɭɚɪɢɝȼɱɚɫɬɧɨɫɬɋɴɜɟɬɴɬɪɟɲɢɞɚɩɪɟɞɥɨɠɢɱɟɚɤɨɩɪɚɜɨɬɨɡɚɪɚɡɫɪɨɱɟɧɨɭɪɟɠɞɚɧɟ

ɡɚɩɟɪɢɨɞɨɬɩɨɧɟɞɜɚɧɚɞɟɫɟɬɦɟɫɟɰɚɟɩɪɟɞɦɟɬɧɚɫɩɚɡɜɚɧɟɬɨɨɬɫɬɪɚɧɚɧɚɩɪɟɞɩɪɢɹɬɢɟɬɨɧɚɨɩɪɟɞɟɥɟɧɢɭɫɥɨɜɢɹ

ɫɥɟɞɨɬɱɟɬɧɚɬɚɞɚɬɚɬɨɬɟɡɢɭɫɥɨɜɢɹɧɟɫɟɨɬɪɚɡɹɜɚɬɧɚɬɨɜɚɞɚɥɢɩɪɚɜɨɬɨɡɚɪɚɡɫɪɨɱɜɚɧɟɧɚɭɪɟɠɞɚɧɟɬɨɫɴɳɟɫɬɜɭɜɚ

ɤɴɦ ɨɬɱɟɬɧɚɬɚ ɞɚɬɚ ɡɚ ɰɟɥɢɬɟ ɧɚ ɤɥɚɫɢɮɢɤɚɰɢɹɬɚ ɧɚ ɞɚɞɟɧ ɩɚɫɢɜ ɤɚɬɨ ɬɟɤɭɳ ɢɥɢ ɧɟɬɟɤɭɳ Ⱦɨɩɴɥɧɢɬɟɥɧɢ

ɢɡɢɫɤɜɚɧɢɹɡɚɩɪɟɞɫɬɚɜɹɧɟɢɨɩɨɜɟɫɬɹɜɚɧɟɳɟɛɴɞɚɬɩɪɢɥɨɠɢɦɢɩɪɢɬɚɤɢɜɚɨɛɫɬɨɹɬɟɥɫɬɜɚɋɴɳɨɬɚɤɚɋɴɜɟɬɴɬɜɡɟ

ɩɪɟɞɜɚɪɢɬɟɥɧɨɪɟɲɟɧɢɟɞɚɨɬɫɪɨɱɢɞɚɬɚɬɚɡɚɜɥɢɡɚɧɟɜɫɢɥɚɞɨɧɟɩɨɪɚɧɨɨɬɹɧɭɚɪɢɝɨɬɹɧɭɚɪɢɝ

Ⱦɪɭɠɟɫɬɜɨɬɨɳɟɚɧɚɥɢɡɢɪɚɢɨɰɟɧɢɟɮɟɤɬɢɬɟɨɬɢɡɦɟɧɟɧɢɹɬɚɜɴɪɯɭɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɢɥɢɪɟɡɭɥɬɚɬɢɬɟɨɬ

ɞɟɣɧɨɫɬɬɚ

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ɂɡɦɟɧɟɧɢɹ ɜ ɆɋɎɈ 16 Ʌɢɡɢɧɝ: ɉɚɫɢɜ ɩɨ ɥɢɡɢɧɝ ɩɪɢ ɫɞɟɥɤɚ ɡɚ ɩɪɨɞɚɠɛɚ ɫ ɨɛɪɚɬɟɧ ɥɢɡɢɧɝ

ɉɪɟɡɫɟɩɬɟɦɜɪɢɝɋɆɋɋɩɭɛɥɢɤɭɜɚɢɡɦɟɧɟɧɢɹɜɆɋɎɈɅɢɡɢɧɝɉɚɫɢɜɩɨɥɢɡɢɧɝɩɪɢɫɞɟɥɤɚɡɚɩɪɨɞɚɠɛɚ

ɫ ɨɛɪɚɬɟɧ ɥɢɡɢɧɝ ɂɡɦɟɧɟɧɢɹɬɚ ɫɚ ɩɪɟɞɜɢɞɟɧɢ ɫ ɰɟɥ ɩɨɞɨɛɪɹɜɚɧɟ ɧɚ ɢɡɢɫɤɜɚɧɢɹɬɚ ɤɨɢɬɨ ɩɪɨɞɚɜɚɱɴɬ 

ɥɢɡɢɧɝɨɩɨɥɭɱɚɬɟɥ ɢɡɩɨɥɡɜɚ ɩɪɢ ɨɰɟɧɤɚɬɚ ɧɚ ɩɚɫɢɜɚ ɩɨ ɥɢɡɢɧɝɚ ɜɴɡɧɢɤɜɚɳ ɩɪɢ ɫɞɟɥɤɚ ɡɚ ɩɪɨɞɚɠɛɚ ɫ ɨɛɪɚɬɟɧ

ɥɢɡɢɧɝɩɨɆɋɎɈɤɚɬɨɧɟɩɪɨɦɟɧɹɫɱɟɬɨɜɨɞɧɨɬɨɨɬɱɢɬɚɧɟɧɚɥɢɡɢɧɝɢɬɟɤɨɢɬɨɧɟɫɚɫɜɴɪɡɚɧɢɫɬɟɡɢɫɞɟɥɤɚɉɨ

ɤɨɧɤɪɟɬɧɨ ɩɪɨɞɚɜɚɱɴɬ  ɥɢɡɢɧɝɨɩɨɥɭɱɚɬɟɥ ɨɩɪɟɞɟɥɹ ɥɢɡɢɧɝɨɜɢɬɟ ɩɥɚɳɚɧɢɹ ɢɥɢ ɤɨɪɢɝɢɪɚɧɢɬɟ ɥɢɡɢɧɝɨɜɢ

ɩɥɚɳɚɧɢɹɩɨɬɚɤɴɜɧɚɱɢɧɱɟɞɚɧɟɩɪɢɡɧɚɟɤɚɤɜɚɬɨɢɞɚɛɢɥɨɩɟɱɚɥɛɚɢɥɢɡɚɝɭɛɚɤɨɹɬɨɟɫɜɴɪɡɚɧɚɫɩɪɚɜɨɬɨɧɚ

ɩɨɥɡɜɚɧɟɤɨɟɬɨɬɨɣɡɚɩɚɡɜɚɉɪɢɥɨɠɟɧɢɟɬɨɧɚɬɟɡɢɢɡɢɫɤɜɚɧɢɹɧɟ ɩɪɟɱɢ ɧɚ ɩɪɨɞɚɜɚɱɚ  ɥɢɡɢɧɝɨɩɨɥɭɱɚɬɟɥ ɞɚ

ɩɪɢɡɧɚɟ ɜ ɩɟɱɚɥɛɚɬɚ ɢɥɢ ɡɚɝɭɛɚɬɚ ɤɚɤɜɚɬɨ ɢ ɞɚ ɛɢɥɨ ɩɟɱɚɥɛɚ ɢɥɢ ɡɚɝɭɛɚ ɫɜɴɪɡɚɧɚ ɫ ɱɚɫɬɢɱɧɨɬɨ ɢɥɢ ɩɴɥɧɨɬɨ

ɩɪɟɤɪɚɬɹɜɚɧɟɧɚɥɢɡɢɧɝɚɉɪɨɞɚɜɚɱɴɬɥɢɡɢɧɝɨɩɨɥɭɱɚɬɟɥɩɪɢɥɚɝɚɢɡɦɟɧɟɧɢɟɬɨɪɟɬɪɨɫɩɟɤɬɢɜɧɨɜɫɴɨɬɜɟɬɫɬɜɢɟɫ

Ɇɋɋ  ɩɨ ɨɬɧɨɲɟɧɢɟ ɧɚ ɫɞɟɥɤɢ ɡɚ ɩɪɨɞɚɠɛɚ ɫ ɨɛɪɚɬɟɧ ɥɢɡɢɧɝ ɫɤɥɸɱɟɧɢ ɫɥɟɞ ɞɚɬɚɬɚ ɧɚ ɩɴɪɜɨɧɚɱɚɥɧɨɬɨ

ɩɪɢɥɨɠɟɧɢɟɤɨɟɬɨɟɧɚɱɚɥɨɬɨɧɚɝɨɞɢɲɧɢɹɨɬɱɟɬɟɧɩɟɪɢɨɞɩɪɟɡɤɨɣɬɨɩɪɟɞɩɪɢɹɬɢɟɬɨɟɩɪɢɥɨɠɢɥɨɆɋɎɈɡɚ

ɩɴɪɜɢ ɩɴɬ ɂɡɦɟɧɟɧɢɹɬɚ ɜɥɢɡɚɬ ɜ ɫɢɥɚ ɡɚ ɝɨɞɢɲɧɢ ɩɟɪɢɨɞɢ ɡɚɩɨɱɜɚɳɢɧɚɢɥɢɫɥɟɞɹɧɭɚɪɢɝɤɚɬɨɫɟ

ɩɨɡɜɨɥɹɜɚɩɨɪɚɧɧɨɬɨɢɦɩɪɢɥɚɝɚɧɟɂɡɦɟɧɟɧɢɹɬɚɜɫɟɨɳɟɧɟɫɚɩɪɢɟɬɢɨɬȿɋȾɪɭɠɟɫɬɜɨɬɨɳɟɚɧɚɥɢɡɢɪɚɢɨɰɟɧɢ

ɟɮɟɤɬɢɬɟɨɬɢɡɦɟɧɟɧɢɹɬɚɜɴɪɯɭɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɢɥɢɪɟɡɭɥɬɚɬɢɬɟɨɬɞɟɣɧɨɫɬɬɚ



ɂɡɦɟɧɟɧɢɹ ɜ ɆɋɎɈ 10 ɢ Ɇɋɋ 28 - ɉɪɨɞɚɠɛɚ ɢɥɢ ɜɧɨɫɤɚ ɧɚ ɚɤɬɢɜɢ ɦɟɠɞɭ ɢɧɜɟɫɬɢɬɨɪ ɢ ɧɟɝɨɜɨ ɚɫɨɰɢɢɪɚɧɨ

ɢɥɢ ɫɴɜɦɟɫɬɧɨ ɩɪɟɞɩɪɢɹɬɢɟ

ɉɪɟɡɞɟɤɟɦɜɪɢɝɋɆɋɋɪɟɲɢɞɚɨɬɫɪɨɱɢɞɚɬɚɬɚɧɚɜɥɢɡɚɧɟɜɫɢɥɚɧɚɢɡɦɟɧɟɧɢɹɬɚɞɨɬɚɤɚɜɚɛɴɞɟɳɚɞɚɬɚɞɨ

ɤɨɹɬɨɬɨɣɟɮɢɧɚɥɢɡɢɪɚɥɤɚɤɜɢɬɨɢɞɚɛɢɥɨɢɡɦɟɧɟɧɢɹɤɨɢɬɨɜɴɡɧɢɤɜɚɬɜɪɟɡɭɥɬɚɬɨɬɩɪɨɟɤɬɚɡɚɩɪɨɭɱɜɚɧɟɧɚ

ɋɴɜɟɬɚɨɬɧɚɫɹɳɫɟɡɚɦɟɬɨɞɚɧɚɭɱɚɫɬɢɟɜɫɨɛɫɬɜɟɧɢɹɤɚɩɢɬɚɥɂɡɦɟɧɟɧɢɹɬɚɚɞɪɟɫɢɪɚɬɩɪɨɬɢɜɨɪɟɱɢɟɬɨɦɟɠɞɭ

ɆɋɎɈ  Ʉɨɧɫɨɥɢɞɢɪɚɧɢ ɮɢɧɚɧɫɨɜɢ ɨɬɱɟɬɢ ɢ Ɇɋɋ  ɂɧɜɟɫɬɢɰɢɢ ɜ ɚɫɨɰɢɢɪɚɧɢ ɩɪɟɞɩɪɢɹɬɢɹ ɢ ɫɴɜɦɟɫɬɧɢ

ɩɪɟɞɩɪɢɹɬɢɹɩɨɨɬɧɨɲɟɧɢɟɧɚɨɬɱɢɬɚɧɟɬɨɧɚɡɚɝɭɛɚɬɚɧɚɤɨɧɬɪɨɥɜɴɪɯɭɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨɤɨɟɬɨɟɩɪɨɞɚɞɟɧɨ

ɢɥɢɟɜɧɟɫɟɧɨɜɚɫɨɰɢɢɪɚɧɨɢɥɢɫɴɜɦɟɫɬɧɨɩɪɟɞɩɪɢɹɬɢɟɂɡɦɟɧɟɧɢɹɬɚɩɨɹɫɧɹɜɚɬɱɟɩɴɥɧɢɹɬɪɚɡɦɟɪɧɚɩɟɱɚɥɛɚɬɚ

ɢɥɢ ɡɚɝɭɛɚɬɚ ɫɟ ɩɪɢɡɧɚɜɚ ɤɨɝɚɬɨ ɬɪɚɧɫɮɟɪɴɬ ɤɴɦ ɚɫɨɰɢɢɪɚɧɨɬɨ ɩɪɟɞɩɪɢɹɬɢɟ ɢɥɢ ɫɴɜɦɟɫɬɧɨɬɨ ɩɪɟɞɩɪɢɹɬɢɟ

ɜɤɥɸɱɜɚɛɢɡɧɟɫɨɬɝɨɜɚɪɹɳɧɚɞɟɮɢɧɢɰɢɹɬɚɡɚɛɢɡɧɟɫɜɆɋɎɈȼɫɹɤɚɩɟɱɚɥɛɚɢɥɢɡɚɝɭɛɚɜɴɡɧɢɤɜɚɳɚɜɪɟɡɭɥɬɚɬ

ɨɬɩɪɨɞɚɠɛɚɬɚɢɥɢɜɧɨɫɤɚɬɚɧɚɚɤɬɢɜɢɤɨɢɬɨɧɟɩɪɟɞɫɬɚɜɥɹɜɚɬɛɢɡɧɟɫɨɛɚɱɟɫɟɩɪɢɡɧɚɜɚɟɞɢɧɫɬɜɟɧɨɞɨɫɬɟɩɟɧɬɚ

ɧɚɧɟɫɜɴɪɡɚɧɢɬɟɭɱɚɫɬɢɹɧɚɢɧɜɟɫɬɢɬɨɪɢɬɟɜɚɫɨɰɢɢɪɚɧɨɬɨɢɥɢɫɴɜɦɟɫɬɧɨɬɨɩɪɟɞɩɪɢɹɬɢɟɂɡɦɟɧɟɧɢɹɬɚɜɫɟɨɳɟɧɟ

ɫɚɩɪɢɟɬɢɨɬȿɋȾɪɭɠɟɫɬɜɨɬɨɳɟɚɧɚɥɢɡɢɪɚɢɨɰɟɧɢɟɮɟɤɬɢɬɟɨɬɢɡɦɟɧɟɧɢɹɬɚɜɴɪɯɭɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɢɥɢ

ɪɟɡɭɥɬɚɬɢɬɟɨɬɞɟɣɧɨɫɬɬɚ





ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɉɪɢɯɨɞɢɢɪɚɡɯɨɞɢ

ɉɪɢɯɨɞɢɨɬɜɴɧɲɧɢɤɥɢɟɧɬɢ

   

ɪɢɯɨɞɢ ɨɬ ɩɪɨɞɚɠɛɢ

ɯɢɥ. ɥɜ. ɯɢɥ. ɥɜ.

ɉɪɢɯɨɞɢɨɬɞɢɪɟɤɬɧɢɩɪɨɞɚɠɛɢɧɚɢɦɨɬɢ  

ɉɪɢɯɨɞɢɨɬɧɟɭɩɪɚɠɧɟɧɢɨɩɰɢɢɩɨɪɟɚɥɢɡɢɪɚɧɢɜɩɪɟɞɯɨɞɧɢɩɟɪɢɨɞɢ

ɩɪɨɞɚɠɛɢɧɚɢɦɨɬɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟȻɟɥɟɠɤɚ  

ɉɪɢɯɨɞɢɨɬɩɪɨɞɚɠɛɚɧɚɢɧɜɟɫɬɢɰɢɹɜɞɴɳɟɪɧɨɞɪ

ɠɟɫɬɜɨ  

Ⱦɪ

ɝɢɩɪɢɯɨɞɢ  

  

ɪɢɯɨɞɢ ɨɬ ɚɪɟɧɞɚ ɢ ɧɚɟɦ ɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɢ ɢɦɨɬɢ 6,684 6,801

Ɉɛɳɨɩɪɢɯɨɞɢɨɬɜɴɧɲɧɢɤɥɢɟɧɬɢ  

ɉɪɢɯɨɞɢɨɬɞɨɝɨɜɨɪɢɫɤɥɢɟɧɬɢɩɨɫɦɢɫɴɥɚɧɚɆɋɎɈɉɪɢɯɨɞɢ ɨɬ ɞɨɝɨɜɨɪɢ ɫ ɤɥɢɟɧɬɢɜɤɥɸɱɜɚɬɩɪɢɯɨɞɢɨɬ

ɞɢɪɟɤɬɧɢɩɪɨɞɚɠɛɢɧɚɢɦɨɬɢɜɤɥɸɱɢɬɟɥɧɨɩɪɢɯɨɞɢɨɬɩɪɨɞɚɠɛɚɧɚɢɧɜɟɫɬɢɰɢɢɜɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨɢɩɪɢɯɨɞɢ

ɨɬɧɟɭɩɪɚɠɧɟɧɢɨɩɰɢɢɩɨɪɟɚɥɢɡɢɪɚɧɢɜɩɪɟɞɯɨɞɧɢɩɟɪɢɨɞɢɩɪɨɞɚɠɛɢɧɚɢɦɨɬɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ

ɋɴɝɥɚɫɧɨɞɨɝɨɜɨɪɡɚɩɪɨɞɚɠɛɚɧɚɞɪɭɠɟɫɬɜɟɧɢɞɹɥɨɜɟɨɬɸɥɢɝȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɩɪɨɞɚɞɟɧɚ

ɋɢɬɢɩɚɪɤȿɩɫɢɥɨɧ ȿɈɈȾ ɰɟɥɢɹɫɜɨɣ ɫɨɛɫɬɜɟɧɞɪɭɠɟɫɬɜɟɧ ɞɹɥɩɨɫɦɢɫɴɥɚ ɧɚɱɥ ɨɬ Ɍɴɪɝɨɜɫɤɢɹɡɚɤɨɧ ɨɬ

ɢɦɭɳɟɫɬɜɨɬɨɧɚɫɩɟɰɢɚɥɢɡɢɪɚɧɨɬɨɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨɉɪɨɟɤɬȼɪɚɠɞɟɛɧɚȿɈɈȾȾɨɝɨɜɨɪɟɧɚɬɚɦɟɠɞɭɫɬɪɚɧɢɬɟ

ɩɚɡɚɪɧɚɩɨɤɭɩɤɨɩɪɨɞɚɠɧɚɰɟɧɚɜɪɚɡɦɟɪɧɚɯɢɥɟɜɪɨɛɟɲɟɩɥɚɬɟɧɚɢɡɰɹɥɨɨɬɤɭɩɭɜɚɱɚɩɨɛɚɧɤɨɜɚɫɦɟɬɤɚ

ɧɚȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɤɴɦɞɚɬɚɬɚɧɚɩɨɞɩɢɫɜɚɧɟɧɚɝɨɪɟɩɨɫɨɱɟɧɢɹɞɨɝɨɜɨɪ

ɉɪɟɰɟɧɤɚɬɚɩɨɨɬɧɨɲɟɧɢɟɧɚɨɬɱɢɬɚɧɟɬɨɢɩɪɟɞɫɬɚɜɹɧɟɬɨɧɚɬɚɡɢɩɪɨɞɚɠɛɚɟɨɩɨɜɟɫɬɟɧɚɜȻɟɥɟɠɤɚ

ɚ) Ƚɟɨɝɪɚɮɫɤɚ ɢɧɮɨɪɦɚɰɢɹ

ɉɪɢɯɨɞɢɬɟɨɬɩɪɨɞɚɠɛɢɢɧɚɟɦɢɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɫɚɨɬɜɴɧɲɧɢɤɥɢɟɧɬɢɛɚɡɢɪɚɧɢɜȻɴɥɝɚɪɢɹ

ɛ) ɂɧɮɨɪɦɚɰɢɹ ɡɚ ɨɫɧɨɜɧɢ ɤɥɢɟɧɬɢ

  ȼɢɞɩɪɢɯɨɞ   



ɢɥ. ɥɜ. 

ɢɥ. ɥɜ.

Ʉɥɢɟɧɬ  ɉɪɨɞɚɠɛɢ   

Ʉɥɢɟɧɬ  ɇɚɟɦɢ   

Ʉɥɢɟɧɬ  ɇɚɟɦɢ   

Ʉɥɢɟɧɬ  ɇɚɟɦɢ   

Ʉɥɢɟɧɬ  ɉɪɨɞɚɠɛɢ   

Ʉɥɢɟɧɬ  ɉɪɨɞɚɠɛɢ   

Ʉɥɢɟɧɬ  ɉɪɨɞɚɠɛɢ   

Ʉɥɢɟɧɬ  ɉɪɨɞɚɠɛɢ   



ɄɥɢɟɧɬɨɛɟɞɢɧɹɜɚɬɪɚɧɡɚɤɰɢɢɫɴɫɫɜɴɪɡɚɧɢɥɢɰɚɧɚȾɪɭɠɟɫɬɜɨɬɨɤɚɤɬɨɟɨɩɨɜɟɫɬɟɧɨɜȻɟɥɟɠɤɚ



ɂɧɮɨɪɦɚɰɢɹɬɚɡɚɨɫɧɨɜɧɢɬɟɤɥɢɟɧɬɢɜɤɥɸɱɜɚɩɪɢɯɨɞɢɬɟɨɬɩɪɨɞɚɠɛɢɢɧɚɟɦɢɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɧɚɬɟɡɢ

ɤɥɢɟɧɬɢɤɨɢɬɨɫɴɫɬɚɜɥɹɜɚɬɢɥɢɩɨɜɟɱɟɩɪɨɰɟɧɬɚɨɬɩɪɢɯɨɞɢɬɟɡɚɧɚɟɦɢɢɥɢɩɪɨɞɚɠɛɢɡɚɫɴɨɬɜɟɬɧɢɬɟɨɬɱɟɬɧɢ

ɩɟɪɢɨɞɢȼɫɢɱɤɢɤɥɢɟɧɬɢɤɨɢɬɨɫɚɩɨɞɨɛɳɤɨɧɬɪɨɥɫɟɫɱɢɬɚɬɡɚɟɞɢɧɤɥɢɟɧɬɡɚɰɟɥɢɬɟɧɚɬɨɜɚɨɩɨɜɟɫɬɹɜɚɧɟ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɉɪɢɯɨɞɢɢɪɚɡɯɨɞɢɩɪɨɞɴɥɠɟɧɢɟ



Ⱦɪɭɝɢɩɪɢɯɨɞɢ

   



ɢɥ. ɥɜ. 

ɢɥ. ɥɜ.

ɉɪɢɯɨɞɢɨɬɨɛɟɡɰɟɧɟɧɢɨɬɩɢɫɚɧɢɜɩɪɟɞɯɨɞɧɢɩɟɪɢɨɞɢɜɡɟɦɚɧɢɹ

 

ɉɪɢɯɨɞɢɨɬɨɛɟɡɳɟɬɟɧɢɹɡɚɨɬɱɭɠɞɟɧɢɢɦɨɬɢɢɭɱɪɟɞɟɧɢɜɟɳɧɢɩɪɚɜɚ

 

ɉɪɢɯɨɞɢɨɬɡɚɤɨɧɧɚɥɢɯɜɚɡɚɡɚɛɚɜɚɩɪɢɫɴɛɪɚɧɢɜɡɟɦɚɧɢɹ

 

ɉɪɢɯɨɞɢɨɬɜɴɡɫɬɚɧɨɜɟɧɢɪɚɡɧɨɫɤɢɩɨɞɟɥɚ

 

Ⱦɪɭɝɢ

 

  



Ɋɚɡɯɨɞɢɡɚɜɴɧɲɧɢɭɫɥɭɝɢ

   

ɢɥ. ɥɜ. 

ɢɥ. ɥɜ.

Ɋɚɡɯɨɞɢɡɚɤɨɧɫ

ɥɬɚɧɬɫɤɢ

ɫɥ

ɝɢ   

Ɋɚɡɯɨɞɢɡɚɤɨɦɢɫɢɨɧɧɢɧɚɛɪɨɤɟɪɢ   

Ⱥɞɦɢɧɢɫɬɪɚɬɢɜɧɢ ɪɚɡɯɨɞɢ ɢ ɬɚɤɫɢ ɩɪɢ ɩɨɞɝɨɬɨɜɤɚ ɧɚ ɞɨɤɭɦɟɧɬɢ ɡɚ

ɩɪɨɞɚɠɛɚɧɚɢɦɨɬɢ   

Ɋɚɡɯɨɞɢɡɚɪɟɤɥɚɦɚ   

Ƚɨɞɢɲɧɢɬɚɤɫɢ   

ɉɪɨɮɟɫɢɨɧɚɥɧɨɡɚɫɬɪɚɯɨɜɚɧɟ   

Ⱦɪ

ɝɢɪɚɡɯɨɞɢɢɬɚɤɫɢ   

   



ɉɨɞɟɬɚɣɥɧɚɢɧɮɨɪɦɚɰɢɹɡɚɪɚɡɯɨɞɢɬɟɡɚɤɨɧɫɭɥɬɚɧɬɫɤɢɭɫɥɭɝɢɟɩɪɟɞɫɬɚɜɟɧɚɩɨɞɨɥɭ



   

ɢɥ. ɥɜ 

ɢɥ. ɥɜ.

ȼɴɡɧɚɝɪɚɠɞɟɧɢɟɧɚɨɛɫɥ

ɠɜɚɳɨɬɨɞɪ

ɠɟɫɬɜɨȻɟɥɟɠɤɚ   

Ɋɚɡɯɨɞɢɡɚɨɞɢɬɨɪɫɤɢ

ɫɥ

ɝɢ   

Ɋɚɡɯɨɞɢɡɚɨɰɟɧɢɬɟɥɫɤɢ

ɫɥ

ɝɢ   

Ⱦɪ

ɝɢɤɨɧɫ

ɥɬɚɧɬɫɤɢ

ɫɥ

ɝɢ   

Ɉɛɳɨ   



ɇɚɱɢɫɥɟɧɢɬɟ ɡɚ ɝɨɞɢɧɚɬɚ ɫɭɦɢ ɡɚ ɭɫɥɭɝɢ ɢɡɜɴɪɲɟɧɢ ɨɬ ɪɟɝɢɫɬɪɢɪɚɧɢɹ ɨɞɢɬɨɪ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɫɚ ɢɡɰɹɥɨ ɡɚ

ɧɟɡɚɜɢɫɢɦɮɢɧɚɧɫɨɜɨɞɢɬɯɢɥɥɜɝɯɢɥɥɜ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɉɪɢɯɨɞɢɢɪɚɡɯɨɞɢɩɪɨɞɴɥɠɟɧɢɟ



Ⱦɪɭɝɢɪɚɡɯɨɞɢ



   



ɢɥ. ɥɜ.

Ȼɚɥɚɧɫɨɜɚɫɬɨɣɧɨɫɬɧɚɨɬɱ

ɠɞɟɧɢɨɬɩɢɫɚɧɢɢɦɨɬɢ Ȼɟɥɟɠɤɚ  

Ɋɚɡɯɨɞɢɡɚ

ɱɚɫɬɢɹɜɨɛ

ɱɟɧɢɹɢɫɟɦɢɧɚɪɢ  

Ɋɚɡɯɨɞɢɡɚɫɩɨɧɫɨɪɫɬɜɨ  

Ɋɚɡɧɨɫɤɢɩɨɫɴɞɟɛɧɢɞɟɥɚ  

ɊɚɡɯɨɞɢɡɚɩɪɨɜɢɡɢɢȻɟɥɟɠɤɚ  

Ⱦɪ

ɝɢ  

 

Ɏɢɧɚɧɫɨɜɢɩɪɢɯɨɞɢ 



   



ɢɥ. ɥɜ.

ɉɪɢɯɨɞɢɨɬɥɢɯɜɢɩɨɞɨɝɨɜɨɪɢɡɚɩɪɨɞɚɠɛɚɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ  

ɉɪɢɯɨɞɢɨɬɥɢɯɜɢɩɨɛɚɧɤɨɜɢɫɦɟɬɤɢɢɞɟɩɨɡɢɬɢ  

ɉɪɢɯɨɞɢɨɬɥɢɯɜɢɩɨɞɨɝɨɜɨɪɢɡɚɩɪɨɞɚɠɛɚɧɚɥɢɡɢɧɝ  

 

ɂɦɨɬɢ

ɂɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ





Ɂɟɦɟɞɟɥɫɤɢ

ɡɟɦɢ

ɂɦɨɬɢɜ

ɭɪɛɚɧɢɡɢɪɚɧɢ

ɬɟɪɢɬɨɪɢɢ  Ɉɛɳɨ



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɇɢɜɨɜɣɟɪɚɪɯɢɹɬɚɧɚɫɩɪɚɜɟɞɥɢɜɢɬɟɫɬɨɣɧɨɫɬɢ ɇɢɜɨ ɇɢɜɨ  ɇɢɜɨ

ɋɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ  

ɇɚɹɧ

ɚɪɢɝ    

ɉɪɢɞɨɛɢɬɢɩɪɟɡɝɨɞɢɧɚɬɚ    

ɉɪɨɞɚɞɟɧɢ ɩɪɟɡ ɝɨɞɢɧɚɬɚ ɜɤɥɸɱɢɬɟɥɧɨ ɱɪɟɡ ɚɩɨɪɬ ɜ

ɞɴɳɟɪɧɨɞɪ

ɠɟɫɬɜɨ    

ɉɪɟɤɪɚɬɟɧɫɴɞɟɛɟɧɢɫɤ    

Ɉɬɱ

ɠɞɟɧɢɩɪɟɡɝɨɞɢɧɚɬɚȻɟɥɟɠɤɚ    

Ʉɥɚɫɢɮɢɰɢɪɚɧɢɤɚɬɨɚɤɬɢɜɢɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚ

Ȼɟɥɟɠɤɚ    

ɇɚɞɟɤɟɦɜɪɢɝ    

ɉɨɫɥɟɞɜɚɳɚɨɰɟɧɤɚɞɨɫɩɪɚɜɟɞɥɢɜɚ

ɫɬɨɣɧɨɫɬ    

ɇɚɞɟɤɟɦɜɪɢɝ    





ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɂɦɨɬɢɩɪɨɞɴɥɠɟɧɢɟ



ɂɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɩɪɨɞɴɥɠɟɧɢɟ



Ɂɟɦɟɞɟɥɫɤɢ

ɡɟɦɢ

ɂɦɨɬɢɜ

ɭɪɛɚɧɢɡɢɪɚɧɢ

ɬɟɪɢɬɨɪɢɢ Ɉɛɳɨ



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɇɢɜɨɜɣɟɪɚɪɯɢɹɬɚɧɚɫɩɪɚɜɟɞɥɢɜɢɬɟɫɬɨɣɧɨɫɬɢ ɇɢɜɨ ɇɢɜɨ  ɇɢɜɨ

ɋɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ  

ɇɚ

ɚɪɢɝ   

ɉɪɢɞɨɛɢɬɢɩɪɟɡɝɨɞɢɧɚɬɚ    

ɉɪɨɞɚɞɟɧɢɩɪɟɡɝɨɞɢɧɚɬɚ    

Ɉɬɱ

ɠɞɟɧɢɩɪɟɡɝɨɞɢɧɚɬɚȻɟɥɟɠɤɚ    

Ʉɥɚɫɢɮɢɰɢɪɚɧɢɤɚɬɨɚɤɬɢɜɢɞɴɪɠɚɧɢ

ɡɚɩɪɨɞɚɠɛɚȻɟɥɟɠɤɚ    

ɇɚɞɟɤɟɦɜɪɢɝ    

ɉɨɫɥɟɞɜɚɳɚɨɰɟɧɤɚɞɨɫɩɪɚɜɟɞɥɢɜɚ

ɋɬɨɣɧɨɫɬ    

ɇɚɞɟɤɟɦɜɪɢɝ    



Ⱥɩɨɪɬɢɪɚɧɢɢɦɨɬɢɩɪɢɭɱɪɟɞɹɜɚɧɟɧɚɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨ

ɋɴɝɥɚɫɧɨɪɟɲɟɧɢɟɧɚɈɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟɨɬɦɚɣɝȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɭɱɪɟɞɢɧɚ

ɸɥɢɝɫɩɟɰɢɚɥɢɡɢɪɚɧɨɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨɩɨɫɦɢɫɴɥɚɧɚɱɥɨɬɁɚɤɨɧɚɡɚɞɪɭɠɟɫɬɜɚɬɚɫɴɫɫɩɟɰɢɚɥɧɚ

ɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥɢɞɪɭɠɟɫɬɜɚɬɚɡɚɫɟɤɸɪɢɬɢɡɚɰɢɹɫɮɢɪɦɚɉɪɨɟɤɬȼɪɚɠɞɟɛɧɚȿɈɈȾɄɚɩɢɬɚɥɴɬɧɚɭɱɪɟɞɟɧɨɬɨ

ɞɪɭɠɟɫɬɜɨɜɪɚɡɦɟɪɧɚɯɢɥɥɜɛɟɲɟɮɨɪɦɢɪɚɧɢɡɰɹɥɨɨɬɧɟɩɚɪɢɱɧɚɜɧɨɫɤɚɢɦɚɳɚɡɚɩɪɟɞɦɟɬɩɪɚɜɨɬɨɧɚ

ɫɨɛɫɬɜɟɧɨɫɬɜɴɪɯɭɞɜɚɧɟɞɜɢɠɢɦɢɢɦɨɬɚɧɚɯɨɞɹɳɢɫɟɜɝɪɋɨɮɢɹɪɚɣɨɧɄɪɟɦɢɤɨɜɰɢɤɜȼɪɚɠɞɟɛɧɚɈɰɟɧɤɚɬɚ

ɧɚɧɟɩɚɪɢɱɧɚɬɚɜɧɨɫɤɚɛɟɲɟɨɩɪɟɞɟɥɟɧɚɨɬɡɚɤɥɸɱɟɧɢɟɧɚɬɪɢɧɟɡɚɜɢɫɢɦɢɜɟɳɢɥɢɰɚɧɚɡɧɚɱɟɧɢɨɬȺɝɟɧɰɢɹɩɨ

ɜɩɢɫɜɚɧɢɹɬɚɇɚɸɥɢɝɞɴɳɟɪɧɨɬɨɞɪɭɠɟɫɬɜɨɛɟɲɟɩɪɨɞɚɞɟɧɨȻɟɥɟɠɤɚ

Ɍɪɚɧɫɮɟɪɤɴɦɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚ

ɄɴɦɞɟɤɟɦɜɪɢɝȾɪɭɠɟɫɬɜɨɬɨɢɦɚɩɨɞɩɢɫɚɧɩɪɟɞɜɚɪɢɬɟɥɟɧɞɨɝɨɜɨɪɡɚɩɪɨɞɚɠɛɚɧɚɞɤɚɡɟɦɟɞɟɥɫɤɢ

ɢɦɨɬɢ

ȼɫɴɨɬɜɟɬɫɬɜɢɟɫɨɩɨɜɟɫɬɟɧɨɬɨɜȻɟɥɟɠɤɚɤɴɦɞɟɤɟɦɜɪɢɝȾɪɭɠɟɫɬɜɨɬɨɢɦɚɩɨɞɩɢɫɚɧɩɪɟɞɜɚɪɢɬɟɥɟɧ

ɞɨɝɨɜɨɪɡɚɩɪɨɞɚɠɛɚɧɚɞɤɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢ

Ɉɰɟɧɤɚɧɚɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ

ɂɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢɧɚȾɪɭɠɟɫɬɜɨɬɨɫɚɨɰɟɧɟɧɢɤɴɦɞɟɤɟɦɜɪɢɝɢɞɟɤɟɦɜɪɢɝɨɬɧɟɡɚɜɢɫɢɦ

ɥɢɰɟɧɡɢɪɚɧɨɰɟɧɢɬɟɥ ɤɨɣɬɨ ɩɪɢɬɟɠɚɜɚɫɴɨɬɜɟɬɧɚɬɚ ɩɪɨɮɟɫɢɨɧɚɥɧɚɤɜɚɥɢɮɢɤɚɰɢɹ ɢ ɢɦɚɚɤɬɭɚɥɧɢɧɚɛɥɸɞɟɧɢɹ

ɜɴɪɯɭ ɦɟɫɬɨɧɚɯɨɠɞɟɧɢɹɬɚ ɧɚ ɨɰɟɧɟɧɢɬɟ ɢɧɜɟɫɬɢɰɢɨɧɧɢ ɢɦɨɬɢ Ɍɟɤɭɳɚɬɚ ɭɩɨɬɪɟɛɚ ɧɚ ɜɫɢɱɤɢ ɢɧɜɟɫɬɢɰɢɨɧɧɢ

ɢɦɨɬɢɫɟɫɱɢɬɚɡɚɧɚɣɞɨɛɪɚɬɚɢɟɮɟɤɬɢɜɧɚɈɰɟɧɤɚɬɚɟɢɡɜɴɪɲɟɧɚɩɪɢɥɢɩɫɚɬɚɧɚɩɪɟɞɫɬɚɜɢɬɟɥɧɚɢɨɮɢɰɢɚɥɧɚ

ɩɨɪɚɣɨɧɢɢɞɪɭɝɢ

ɉɪɢɨɰɟɧɤɚɬɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢɧɚȾɪɭɠɟɫɬɜɨɬɨɤɴɦɞɟɤɟɦɜɪɢɝɢɝɧɟɡɚɜɢɫɢɦɢɹɬɨɰɟɧɢɬɟɥ

ɟɢɡɩɨɥɡɜɚɥ ɦɨɞɟɥɚ³ɋɩɪɚɜɟɞɥɢɜɚ ɩɚɡɚɪɧɚɫɬɨɣɧɨɫɬ´ ɋɩɪɚɜɟɞɥɢɜɚɬɚɩɚɡɚɪɧɚ ɫɬɨɣɧɨɫɬɋɉɋɟ ɧɚɣɜɟɪɨɹɬɧɚɬɚ

ɫɬɨɣɧɨɫɬɧɚɤɨɹɬɨɞɚɞɟɧɚɤɬɢɜɦɨɠɟɞɚɫɟɩɪɨɞɚɞɟɧɚɤɨɧɤɭɪɟɧɬɟɧɩɚɡɚɪɢɩɪɢɫɩɚɡɜɚɧɟɧɚɜɫɢɱɤɢɭɫɥɨɜɢɹɡɚ

ɤɨɪɟɤɬɧɚ ɩɪɨɞɚɠɛɚ ɚ ɢɦɟɧɧɨ ɤɭɩɭɜɚɱɴɬ ɢ ɩɪɨɞɚɜɚɱɴɬ ɞɟɣɫɬɜɚɬ ɫɴɡɧɚɬɟɥɧɨ ɩɪɢ ɞɨɛɪɚ ɨɫɜɟɞɨɦɟɧɨɫɬ ɨɬɧɨɫɧɨ

ɮɚɤɬɢɬɟɨɬɧɚɫɹɳɢɫɟɞɨɫɴɨɬɜɟɬɧɢɹɚɤɬɢɜɢɞɜɟɬɟɫɬɪɚɧɢɫɚɜɨɞɟɧɢɨɬɫɨɛɫɬɜɟɧɢɬɟɫɢɢɧɬɟɪɟɫɢɧɢɬɨɟɞɧɚɨɬɬɹɯ

ɧɟɞɟɣɫɬɜɚɩɨɞɤɚɤɜɚɬɨɢɞɚɟɩɪɢɧɭɞɚɫɨɬɱɢɬɚɧɟɧɚɬɨɜɚɱɟɫɪɨɤɴɬɧɚɪɟɚɥɢɡɚɰɢɹɧɟɬɪɹɛɜɚɞɚɛɴɞɟɪɚɡɭɦɧɨ

ɞɴɥɴɝ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɂɦɨɬɢɩɪɨɞɴɥɠɟɧɢɟ



ɂɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɩɪɨɞɴɥɠɟɧɢɟ

Ɉɰɟɧɤɚɬɚɧɚɧɟɡɚɜɢɫɢɦɢɹɨɰɟɧɢɬɟɥɤɴɦɞɟɤɟɦɜɪɢɝɢɤɴɦɞɟɤɟɦɜɪɢɝɟɛɚɡɢɪɚɧɚɧɚɤɨɦɛɢɧɢɪɚɧ

ɩɨɞɯɨɞ ɫ  ɬɟɠɟɫɬ ɧɚ ɦɟɬɨɞɚ ɧɚ ɩɚɡɚɪɧɢɬɟ ɚɧɚɥɨɡɢ ɫɪɚɜɧɢɬɟɥɟɧ ɦɟɬɨɞ ɢ  ɬɟɠɟɫɬ ɧɚ ɦɟɬɨɞɚ ɧɚ

ɤɚɩɢɬɚɥɢɡɢɪɚɧɟɧɚɪɟɧɬɚɬɚɨɫɧɨɜɚɧɧɚɜɴɡɜɪɚɳɚɟɦɨɫɬɬɚɧɚɢɧɜɟɫɬɢɰɢɹɬɚ

ɉɪɢɢɡɩɨɥɡɜɚɧɟɦɟɬɨɞɚɧɚɩɚɡɚɪɧɢɬɟɚɧɚɥɨɡɢɫɬɨɣɧɨɫɬɬɚɧɚɨɰɟɧɹɜɚɧɢɬɟɢɦɨɬɢɫɟɨɩɪɟɞɟɥɹɱɪɟɡɫɪɚɜɧɹɜɚɧɟɧɚ

ɨɫɧɨɜɧɢɬɟɢɦɯɚɪɚɤɬɟɪɢɫɬɢɤɢɫɴɫɫɴɳɢɬɟɢɥɢɩɨɞɨɛɧɢɯɚɪɚɤɬɟɪɢɫɬɢɤɢɧɚɞɪɭɝɢɫɯɨɞɧɢɢɦɨɬɢɡɚɱɢɢɬɨɨɮɟɪɬɧɢ

ɢɥɢɩɪɨɞɚɠɧɢɰɟɧɢɢɦɚɢɧɮɨɪɦɚɰɢɹɉɪɢɬɨɜɚɤɨɥɤɨɬɨɩɨɛɥɢɡɨɞɨɦɨɦɟɧɬɚɧɚɨɰɟɧɤɚɬɚɫɚɢɡɜɴɪɲɟɧɢɫɞɟɥɤɢɬɟ

ɡɚɤɨɢɬɨɢɦɚɢɧɮɨɪɦɚɰɢɹɬɨɥɤɨɜɚɩɨɞɨɫɬɨɜɟɪɧɚɳɟɟɢɡɜɟɞɟɧɚɬɚɩɚɡɚɪɧɚɫɬɨɣɧɨɫɬɧɚɨɰɟɧɹɜɚɧɢɹɢɦɨɬ

Ɉɫɧɨɜɧɢɬɟɩɪɟɞɩɨɥɨɠɟɧɢɹɢɧɟɧɚɛɥɸɞɚɜɚɧɢɜɯɨɞɹɳɢɞɚɧɧɢɤɨɢɬɨɫɚɢɡɩɨɥɡɜɚɧɢɩɪɢɨɰɟɧɤɚɬɚɧɚɫɩɪɚɜɟɞɥɢɜɢɬɟ

ɫɬɨɣɧɨɫɬɢɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢɩɨɦɟɬɨɞɚɧɚɩɚɡɚɪɧɢɬɟɚɧɚɥɨɡɢɜɤɥɸɱɜɚɬɨɫɪɟɞɧɟɧɢɬɟɫɬɨɣɧɨɫɬɢɧɚɪɟɚɥɧɢ

ɨɮɟɪɬɧɢɢɥɢ ɩɪɨɞɚɠɧɢɰɟɧɢ ɧɚɫɯɨɞɧɢɡɟɦɟɞɟɥɫɤɢ ɢɦɨɬɢɩɨ ɨɛɥɚɫɬɢɜɤɥɸɱɢɬɟɥɧɨɩɪɨɞɚɠɛɢɨɫɴɳɟɫɬɜɟɧɢɨɬ

ɞɪɭɠɟɫɬɜɨɬɨɩɪɟɡɬɟɤɭɳɚɬɚɝɨɞɢɧɚɤɨɢɬɨɜɚɪɢɪɚɬɜɢɧɬɟɪɜɚɥɨɬɥɜɧɚɞɤɚɞɨɥɜɧɚɞɤɚɜɡɚɜɢɫɢɦɨɫɬ

ɨɬ ɦɟɫɬɨɩɨɥɨɠɟɧɢɟɬɨ ɢ ɩɥɨɳɬɚ ɧɚ ɧɚɛɥɸɞɚɜɚɧɢɬɟ ɚɧɚɥɨɡɢ Ɂɚ ɢɦɨɬɢɬɟ ɩɪɢɞɨɛɢɬɢ ɫɥɟɞ  ɨɤɬɨɦɜɪɢ  ɝ ɡɚ

ɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɫɟɩɪɢɟɦɚɫɬɨɣɧɨɫɬɬɚɧɚɩɨɤɭɩɤɚɬɚɢɦ

ɉɪɢɢɡɩɨɥɡɜɚɧɟɧɚɦɟɬɨɞɚɧɚɤɚɩɢɬɚɥɢɡɢɪɚɧɟɧɚɪɟɧɬɚɬɚɫɟɩɪɢɟɦɚɱɟɨɬɞɚɞɟɧɢɦɨɬɦɨɠɟɞɚɫɟɩɨɥɭɱɚɜɚɧɚɟɦɡɚ

ɛɟɡɤɪɚɣɧɨɞɴɥɴɝɩɟɪɢɨɞɨɬɜɪɟɦɟɁɚɬɚɤɴɜɫɥɭɱɚɣɫɟɫɱɢɬɚɡɚɤɭɩɭɜɚɧɟɬɨɧɚɡɟɦɟɞɟɥɫɤɚɡɟɦɹɫɢɧɜɟɫɬɢɰɢɨɧɧɚɰɟɥ

ɨɬɤɨɹɬɨɫɟɨɱɚɤɜɚɩɨɠɢɡɧɟɧɜɟɱɟɧɞɨɯɨɞɇɚɫɬɨɹɳɚɬɚɫɬɨɣɧɨɫɬɧɚɬɚɤɴɜɜɟɱɟɧɚɤɬɢɜɫɟɩɨɥɭɱɚɜɚɱɪɟɡɪɚɡɞɟɥɹɧɟ

ɧɚɞɨɯɨɞɚɨɬɧɟɝɨɧɚɧɨɪɦɚɬɚɧɚɜɴɡɜɪɴɳɚɟɦɨɫɬ

ɂɡɩɨɥɡɜɚɧɢɬɟɫɪɟɞɧɢɧɢɜɚɧɚɞɨɯɨɞɩɨɨɛɳɢɧɢɩɪɢɨɰɟɧɤɚɬɚɫɚɜɢɧɬɟɪɜɚɥɨɬɥɜɞɨɥɜɧɚɞɟɤɚɪɡɚɝɨɞɢɧɚɚ

ɨɩɪɟɞɟɥɟɧɟɬɚ ɧɨɪɦɚ ɧɚ ɜɴɡɜɪɴɳɚɟɦɨɫɬ ɟ  Ɂɚ ɩɨɫɬɢɝɚɧɟ ɧɚ ɦɚɤɫɢɦɚɥɧɚ ɧɟɡɚɜɢɫɢɦɨɫɬ ɢ ɞɨɫɬɨɜɟɪɧɨɫɬ ɧɚ

ɪɟɡɭɥɬɚɬɢɬɟ ɩɪɢ ɦɟɬɨɞɚ ɧɚ ɤɚɩɢɬɚɥɢɡɢɪɚɧɟ ɟ ɢɡɩɨɥɡɜɚɧɚ ɨɛɪɚɛɨɬɟɧɚ ɢɧɮɨɪɦɚɰɢɹ ɡɚ ɫɪɟɞɧɢɬɟ ɪɟɧɬɧɢ ɧɢɜɚ ɨɬ

ɫɤɥɸɱɟɧɢɬɟɨɬȾɪɭɠɟɫɬɜɨɬɨɞɨɝɨɜɨɪɢɡɚɫɬɨɩɚɧɫɤɚɬɚ±ɝɨɞɢɧɚ

ɉɪɨɦɟɧɢɬɟɜɫɩɪɚɜɟɞɥɢɜɢɬɟɫɬɨɣɧɨɫɬɢɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢɫɟɩɪɢɡɧɚɜɚɬɜɨɬɱɟɬɚɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞ

ɤɚɬɨɩɟɱɚɥɛɢɢɡɚɝɭɛɢɡɚɝɨɞɢɧɚɬɚ

Ɉɰɟɧɤɚɬɚ ɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟ ɢɦɨɬɢ ɤɴɦ  ɞɟɤɟɦɜɪɢ  ɝ ɜɨɞɢ ɞɨ ɡɧɚɱɢɬɟɥɧɨ ɭɜɟɥɢɱɟɧɢɟ ɧɚ ɬɹɯɧɚɬɚ

ɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬȾɪɭɠɟɫɬɜɨɬɨɫɱɢɬɚɱɟɟɮɟɤɬɜɴɪɯɭɬɨɜɚɢɦɚɰɹɥɨɫɬɧɚɬɚɦɚɤɪɨɢɤɨɧɨɦɢɱɟɫɤɚɨɛɫɬɚɧɨɜɤɚ

ɢɤɨɧɨɦɢɱɟɫɤɢɬɟɩɚɡɚɪɧɢɬɟɢɝɟɨɩɨɥɢɬɢɱɟɫɤɢɬɟɫɴɬɪɟɫɟɧɢɹɜɨɣɧɚɬɚɍɤɪɚɣɧɚɊɭɫɢɹɜɨɞɟɳɢɞɨɜɢɫɨɤɢɧɢɜɚɧɚ

ɢɧɮɥɚɰɢɹ ɜ ɰɟɧɢɬɟ ɢ ɧɚɟɦɢɬɟ ɤɚɤɬɨ ɢ ɫɬɪɟɦɟɠɚ ɧɚ ɢɧɜɟɫɬɢɬɨɪɢɬɟ ɤɴɦ ɢɧɜɟɫɬɢɰɢɢ ɜ ɧɢɫɤɨɪɢɫɤɨɜɢ ɚɤɬɢɜɢ

ɜɤɥɸɱɢɬɟɥɧɨɡɟɦɟɞɟɥɫɤɢɡɟɦɢ

Ⱥɧɚɥɢɡɧɚɱɭɜɫɬɜɢɬɟɥɧɨɫɬɬɚ

Ɂɧɚɱɢɬɟɥɧɢɭɜɟɥɢɱɟɧɢɹɧɚɦɚɥɟɧɢɹɩɪɢɩɚɡɚɪɧɢɬɟɧɢɜɚɧɚɡɟɦɟɞɟɥɫɤɢɬɟɢɦɨɬɢɛɢɯɚɞɨɜɟɥɢɞɨɫɴɳɟɫɬɜɟɧɨɩɨ

ɜɢɫɨɤɚɧɢɫɤɚ ɫɩɪɚɜɟɞɥɢɜɚ ɫɬɨɣɧɨɫɬ ɧɚ ɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟ ɢɦɨɬɢ Ɂɧɚɱɢɬɟɥɧɢ ɭɜɟɥɢɱɟɧɢɹɧɚɦɚɥɟɧɢɹ ɩɪɢ

ɫɪɟɞɧɢɬɟɧɚɟɦɧɢɧɢɜɚɧɚɡɟɦɟɞɟɥɫɤɢɬɟɡɟɦɢɛɢɯɚɞɨɜɟɥɢɞɨɫɴɳɟɫɬɜɟɧɨɩɨɜɢɫɨɤɚɧɢɫɤɚɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ

ɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢ

Ƚɟɨɝɪɚɮɫɤɚɢɧɮɨɪɦɚɰɢɹ

ȼɫɢɱɤɢɢɦɨɬɢɫɨɛɫɬɜɟɧɨɫɬɧɚȾɪɭɠɟɫɬɜɨɬɨɫɟɧɚɦɢɪɚɬɧɚɬɟɪɢɬɨɪɢɹɬɚɧɚɊɟɩɭɛɥɢɤɚȻɴɥɝɚɪɢɹ

Ⱦɪɭɝɢɨɩɨɜɟɫɬɹɜɚɧɢɹ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɢɦɚ ɫɤɥɸɱɟɧɢ ɞɨɝɨɜɨɪɢ ɡɚ ɚɪɟɧɞɚ ɢ ɧɚɟɦ ɧɚ ɩɪɢɛɥɢɡɢɬɟɥɧɨɞɟɤɚɪɚɢɞɟɤɚɪɚ

ɡɟɦɟɞɟɥɫɤɢɡɟɦɢɤɴɦɤɪɚɹɧɚɝɢɝɫɴɨɬɜɟɬɧɨɊɟɚɥɢɡɢɪɚɧɢɬɟɩɪɢɯɨɞɢɨɬɚɪɟɧɞɚɢɧɚɟɦɡɚɝɢ

ɝɝɨɞɢɧɚɫɴɨɬɜɟɬɧɨɜɪɚɡɦɟɪɧɚɯɢɥɥɜɢɯɢɥɥɜɫɚɨɬɪɚɡɟɧɢɜɨɬɱɟɬɚɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞ

ɁɚɢɡɦɢɧɚɥɚɬɚɝɢɝȾɪɭɠɟɫɬɜɨɬɨɪɟɚɥɢɡɢɪɚɤɚɤɬɨɫɥɟɞɜɚ

x ɞɢɪɟɤɬɧɢɩɪɨɞɚɠɛɢɧɚɞɟɤɚɪɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢɝɞɟɤɚɪɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢɢɚɩɨɪɬɧɚ

ɤɜɦɭɪɟɝɭɥɢɪɚɧɢɩɨɡɟɦɥɟɧɢɢɦɨɬɢɜɫɩɟɰɢɚɥɢɡɢɪɚɧɨɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨɢɩɨɫɥɟɞɜɚɳɚɞɢɪɟɤɬɧɚ

ɩɪɨɞɚɠɛɚɧɚɞɹɥɨɜɟɬɟɧɚɞɪɭɠɟɫɬɜɨɬɨ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɂɦɨɬɢɩɪɨɞɴɥɠɟɧɢɟ



ɂɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚ



  



ɢɥ. ɥɜ. 

ɢɥ. ɥɜ.

ɋɚɥɞɨɧɚɹɧ

ɚɪɢ   

ɉɪɨɞɚɞɟɧɢɩɪɟɡɝɨɞɢɧɚɬɚ   

ɄɥɚɫɢɮɢɰɢɪɚɧɢɤɚɬɨɢɦɨɬɢɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚȻɟɥɟɠɤɚ  

ɉɨɫɥɟɞɜɚɳɚɨɰɟɧɤɚɞɨɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ 





ɋɚɥɞɨɧɚɞɟɤɟɦɜɪɢ 







ɄɴɦɞɟɤɟɦɜɪɢɝȾɪɭɠɟɫɬɜɨɬɨɢɦɚɫɤɥɸɱɟɧɩɪɟɞɜɚɪɢɬɟɥɟɧɞɨɝɨɜɨɪɡɚɩɪɨɞɚɠɛɚɧɚɞɟɤɚɪɚɡɟɦɟɞɟɥɫɤɢ

ɡɟɦɢ ɤɴɦ  ɞɟɤɟɦɜɪɢ  ɝ  ɞɟɤɚɪɚ ɂɧɜɟɫɬɢɰɢɨɧɧɢɬɟ ɢɦɨɬɢ ɞɴɪɠɚɧɢ ɡɚ ɩɪɨɞɚɠɛɚ ɫɟ ɨɬɱɢɬɚɬ ɩɨ

ɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ Ɍɹ ɟ ɨɩɪɟɞɟɥɟɧɚ ɨɬ ɧɟɡɚɜɢɫɢɦɨɰɟɧɢɬɟɥ ɤɚɬɨɟ ɢɡɩɨɥɡɜɚɧ ɦɟɬɨɞɚ ɧɚ ɩɚɡɚɪɧɢɬɟ ɚɧɚɥɨɡɢ

ɨɬɱɢɬɚɣɤɢɞɨɝɨɜɨɪɟɧɚɬɚɰɟɧɚɩɨɩɪɟɞɜɚɪɢɬɟɥɧɢɬɟɞɨɝɨɜɨɪɢɤɚɬɨɧɚɣɞɨɛɪɚɢɧɞɢɤɚɰɢɹɡɚɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬ

ɧɚɢɦɨɬɢɬɟɤɴɦɤɪɚɹɧɚɨɬɱɟɬɧɢɹɩɟɪɢɨɞɉɪɨɦɟɧɢɬɟɜɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɧɚɢɦɨɬɢɬɟɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚ

ɫɟɩɪɢɡɧɚɜɚɬɜɨɬɱɟɬɚɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞ



Ⱥɧɝɚɠɢɦɟɧɬɢɩɨɨɩɟɪɚɬɢɜɟɧɥɢɡɢɧɝ±Ⱦɪɭɠɟɫɬɜɨɬɨɤɚɬɨɥɢɡɢɧɝɨɞɚɬɟɥ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɫɤɥɸɱɢɥɨ ɞɨɝɨɜɨɪɢ ɡɚ ɧɚɟɦ ɧɚ ɡɟɦɟɞɟɥɫɤɢ ɡɟɦɢ Ɍɟɡɢ ɞɨɝɨɜɨɪɢ ɨɛɢɱɚɣɧɨ ɫɚ ɡɚ ɫɪɨɤ ɨɬ ɟɞɧɚ

ɫɬɨɩɚɧɫɤɚɝɨɞɢɧɚ



ȼɤɪɚɹɧɚɝȾɪɭɠɟɫɬɜɨɬɨɟɫɤɥɸɱɢɥɨɢɞɨɝɨɜɨɪɢɡɚɚɪɟɧɞɚɧɚɞɟɤɚɪɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢɡɚɫɪɨɤɨɬ

ɫɬɨɩɚɧɫɤɢɝɨɞɢɧɢɫɱɢɬɚɧɨɨɬɧɚɱɚɥɨɬɨɧɚɫɬɨɩɚɧɫɤɚɬɚɝɨɞɢɧɚ



Ʉɴɦɞɟɤɟɦɜɪɢɛɴɞɟɳɢɬɟɦɢɧɢɦɚɥɧɢɚɪɟɧɞɧɢɢɧɚɟɦɧɢɜɧɨɫɤɢɫɚɩɪɟɞɫɬɚɜɟɧɢɩɨɞɨɥɭ



 



ɢɥ. ɥɜ.





Ⱦɨɝɨɞɢɧɚ   

Ɉɬɟɞɧɚɞɨɩɟɬɝɨɞɢɧɢ   

ɇɚɞɩɟɬɝɨɞɢɧɢ   



  





ȺɪɟɧɞɧɢɬɟɢɧɚɟɦɧɢɬɟɜɧɨɫɤɢɫɚɩɨɫɨɱɟɧɢɜɴɜɜɪɴɡɤɚɫɞɨɝɨɜɨɪɢɡɚɤɨɢɬɨȾɪɭɠɟɫɬɜɨɬɨɧɟɟɩɨɥɭɱɢɥɨɚɜɚɧɫɨɜɢ

ɩɥɚɳɚɧɢɹɤɴɦɞɟɤɟɦɜɪɢɝɢɤɴɦɞɟɤɟɦɜɪɢɝɢɩɪɟɞɫɬɚɜɥɹɜɚɬɞɴɥɠɢɦɢɬɟɡɚɫɥɟɞɜɚɳɢɨɬɱɟɬɧɢ

ɩɟɪɢɨɞɢɜɡɟɦɚɧɢɹɧɚɦɚɥɟɧɢɫɩɨɥɭɱɟɧɢɬɟɤɴɦɤɪɚɹɧɚɨɬɱɟɬɧɢɹɩɟɪɢɨɞɚɜɚɧɫɨɜɢɩɥɚɳɚɧɢɹ





ȼɡɟɦɚɧɢɹɨɬɩɪɨɞɚɠɛɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ

Ʉɴɦɞɟɤɟɦɜɪɢɝ



ɞɨɝɨɞ ɨɬɞɨɝɨɞ  Ɉɛɳɨ



ɢɥ. ɥɜ.

ɢɥ. ɥɜ. 

ɢɥ. ɥɜ.

Ȼɪɭɬɧɢ ɜɡɟɦɚɧɢɹ ɩɨ ɞɨɝɨɜɨɪɢ ɡɚ

ɩɪɨɞɚɠɛɚɫɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ    

ɇɟɡɚɪɚɛɨɬɟɧɮɢɧɚɧɫɨɜɞɨɯɨɞ    

Ȼɚɥɚɧɫɨɜɚɫɬɨɣɧɨɫɬ    



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ȼɡɟɦɚɧɢɹɨɬɩɪɨɞɚɠɛɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɩɪɨɞɴɥɠɟɧɢɟ

Ʉɴɦɞɟɤɟɦɜɪɢɝ



ɞɨɝɨɞ ɨɬɞɨɝɨɞ  Ɉɛɳɨ



ɢɥ. ɥɜ.

ɢɥ. ɥɜ. 

ɢɥ. ɥɜ.

Ȼɪɭɬɧɢ ɜɡɟɦɚɧɢɹ ɩɨ ɞɨɝɨɜɨɪɢ ɡɚ

ɩɪɨɞɚɠɛɚɫɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ    

ɇɟɡɚɪɚɛɨɬɟɧɮɢɧɚɧɫɨɜɞɨɯɨɞ    

Ȼɚɥɚɧɫɨɜɚɫɬɨɣɧɨɫɬ    



ȼɡɟɦɚɧɢɹɬɚɨɬɩɪɨɞɚɠɛɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɤɨɢɬɨɩɪɟɞɫɬɚɜɥɹɜɚɬɚɤɬɢɜɢɩɨɞɨɝɨɜɨɪɢɫɤɥɢɟɧɬɢɩɨɫɦɢɫɴɥɚ

ɧɚɆɋɎɈɉɪɢɯɨɞɢ ɨɬ ɞɨɝɨɜɨɪɢ ɫ ɤɥɢɟɧɬɢɧɟɫɚɮɚɤɬɭɪɢɪɚɧɢɎɚɤɬɭɪɚɫɟɢɡɞɚɜɚɩɪɢɩɨɥɭɱɚɜɚɧɟɧɚɜɧɨɫɤɚɩɨ

ɞɨɝɨɜɨɪ

ɄɴɦɞɟɤɟɦɜɪɢɝȾɪɭɠɟɫɬɜɨɬɨɢɦɚɫɤɥɸɱɟɧɢɞɨɝɨɜɨɪɢɡɚɩɪɨɞɚɠɛɚɧɚɞɟɤɚɪɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢɩɪɢ

ɭɫɥɨɜɢɹɬɚɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɧɚɰɟɧɚɬɚɞɟɤɟɦɜɪɢɝɞɟɤɚɪɚ

ɉɪɢɱɚɫɬɨɬɫɤɥɸɱɟɧɢɬɟɞɨɝɨɜɨɪɢɡɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɤɥɢɟɧɬɢɬɟɢɦɚɬɨɩɰɢɹɞɚɩɪɢɞɨɛɢɹɬɩɨɪɚɧɨɩɪɚɜɨɬɨɧɚ

ɫɨɛɫɬɜɟɧɨɫɬɦɟɠɞɭɬɢɹɢ ɢɹɦɟɫɟɰ ɨɬ ɞɨɝɨɜɨɪɚɩɪɢ ɡɚɩɥɚɳɚɧɟ ɢɡɰɹɥɨ ɧɚɧɚɦɚɥɟɧɚ ɩɪɨɞɚɠɧɚɰɟɧɚ ɋɥɟɞ

ɢɡɬɢɱɚɧɟɫɪɨɤɚɧɚɞɨɝɨɜɨɪɟɧɢɬɟɨɩɰɢɢȾɪɭɠɟɫɬɜɨɬɨɩɪɢɡɧɚɜɚɞɨɩɴɥɧɢɬɟɥɟɧ ɩɪɢɯɨɞɨɬ ɩɪɨɞɚɠɛɚɧɚ ɢɦɨɬɢɞɨ

ɞɨɫɬɢɝɚɧɟɧɚɩɴɥɧɚɬɚɩɪɨɞɚɠɧɚɰɟɧɚɉɪɟɡɝɩɪɢɯɨɞɢɬɟɨɬɧɟɭɩɪɚɠɧɟɧɢɨɩɰɢɢɩɨɪɟɚɥɢɡɢɪɚɧɢɜɩɪɟɞɯɨɞɧɢ

ɩɟɪɢɨɞɢɩɪɨɞɚɠɛɢɧɚɢɦɨɬɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɫɚɜɪɚɡɦɟɪɧɚɯɢɥɥɜɝɯɢɥɥɜ

ɉɪɟɡ  ɝ ɟɞɢɧɚɞɟɫɟɬ ɤɥɢɟɧɬɚ ɫɚ ɡɚɩɥɚɬɢɥɢ ɰɹɥɚɬɚ ɫɭɦɚ ɩɨ ɫɤɥɸɱɟɧɢ ɩɪɟɡ  ɝ ɢ  ɝ ɞɨɝɨɜɨɪɢ ɡɚ

ɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɢɫɚɩɪɢɞɨɛɢɥɢɸɪɢɞɢɱɟɫɤɨɬɨɩɪɚɜɨɧɚɫɨɛɫɬɜɟɧɨɫɬɜɴɪɯɭɞɟɤɚɪɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢ



Ɍɴɪɝɨɜɫɤɢɢɞɪɭɝɢɜɡɟɦɚɧɢɹ

  



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ȼɡɟɦɚɧɢɹɨɬɧɚɟɦɢɛɪ

ɬɧɨ   

Ɉɛɟɡɰɟɧɤɚ  

ȼɡɟɦɚɧɢɹɨɬɧɚɟɦɢɧɟɬɧɨɨɬɨɛɟɡɰɟɧɤɚ   

Ⱥɜɚɧɫɢɧɚɛɪɨɤɟɪɢɢɤɨɧɬɪɚɝɟɧɬɢ   

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɜȻɚɧɤɚȾɋɄȺȾɧɚɪɚɡɩɨɥɨɠɟɧɢɟ

ɡɚɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬɢɡɚɝɢɝȻɟɥɟɠɤɚ   

ɋɴɞɟɛɧɢɢɩɪɢɫɴɞɟɧɢɜɡɟɦɚɧɢɹ   

ȼɡɟɦɚɧɢɹɨɬɥɢɯɜɢɩɨɞɟɩɨɡɢɬɢɜɥɟɜɚ   

Ⱦɪ

ɝɢ   

   

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɍɴɪɝɨɜɫɤɢɢɞɪɭɝɢɜɡɟɦɚɧɢɹɩɪɨɞɴɥɠɟɧɢɟ



Ɋɚɡɦɟɪɴɬɧɚɩɪɨɫɪɨɱɟɧɢɬɟɢɨɛɟɡɰɟɧɟɧɢɜɡɟɦɚɧɢɹɨɬɧɚɟɦɢɟɯɢɥɥɜɢɯɢɥɥɜɤɴɦɞɟɤɟɦɜɪɢɝɢ

ɞɟɤɟɦɜɪɢɝɫɴɨɬɜɟɬɧɨ



Ⱦɜɢɠɟɧɢɟɬɨɧɚɩɪɨɜɢɡɢɢɬɟɡɚɨɛɟɡɰɟɧɤɚɧɚɜɡɟɦɚɧɢɹɨɬɧɚɟɦɢɩɪɟɡɝɢɝɟɤɚɤɬɨɫɥɟɞɜɚ



   



ɢɥ. ɥɜ. 

ɢɥ. ɥɜ.

ɋɚɥɞɨɧɚɹɧ

ɚɪɢ   

ɇɚɱɢɫɥɟɧɚɩɪɨɜɢɡɢɹ   

ȼɴɡɫɬɚɧɨɜɟɧɚɩɪɨɜɢɡɢɹ   

Ɉɬɩɢɫɚɧɚɩɪɨɜɢɡɢɹɫɪɟɳ

ɛɚɥɚɧɫɨɜɚɫɬɨɣɧɨɫɬɧɚɜɡɟɦɚɧɢɹ   

ɋɚɥɞɨɧɚɞɟɤɟɦɜɪɢ   



ɄɴɦɞɟɤɟɦɜɪɢɝȾɪɭɠɟɫɬɜɨɬɨɟɫɴɛɪɚɥɨɚɜɚɧɫɨɜɨɨɬɜɡɟɦɚɧɢɹɬɚɫɢɩɨɫɤɥɸɱɟɧɢɬɟɞɨɝɨɜɨɪɢɡɚɧɚɟɦ

ɡɚɬɟɤɭɳɚɬɚɫɬɨɩɚɧɫɤɚɝɨɞɢɧɚɞɟɤɟɦɜɪɢɝɩɨɫɤɥɸɱɟɧɢɬɟɞɨɝɨɜɨɪɢɡɚɧɚɟɦɡɚɫɬɨɩɚɧɫɤɚ

ɝɨɞɢɧɚ



Ʉɴɦɞɟɤɟɦɜɪɢɜɴɡɪɚɫɬɨɜɢɹɬɚɧɚɥɢɡɧɚɬɴɪɝɨɜɫɤɢɬɟɜɡɟɦɚɧɢɹɤɨɢɬɨɧɟɫɚɨɛɟɡɰɟɧɟɧɢɟɩɪɟɞɫɬɚɜɟɧɜɬɚɛɥɢɰɚɬɚ

ɩɨɞɨɥɭ



  ɉɪɨɫɪɨɱɟɧɢɧɨɧɟɨɛɟɡɰɟɧɟɧɢ

Ɉɛɳɨ

ɇɢɬɨɩɪɨɫɪɨɱɟɧɢ

ɧɢɬɨɨɛɟɡɰɟɧɟɧɢ ɞɧɢ



ɞɧɢ



ɞɧɢ



ɞɧɢ !ɞɧɢ

ɯɢɥ. ɥɜ. ɯɢɥ. ɥɜ. ɯɢɥ. ɥɜ. ɯɢɥ. ɥɜ. ɯɢɥ. ɥɜ. ɯɢɥ. ɥɜ. ɯɢɥ. ɥɜ.

   

       

   

       



ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɢɤɪɚɬɤɨɫɪɨɱɧɢɞɟɩɨɡɢɬɢ

  



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɜɛɪɨɣ  

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɜɛɚɧɤɨɜɢɫɦɟɬɤɢ  

Ʉɪɚɬɤɨɫɪɨɱɧɢɞɟɩɨɡɢɬɢ  

  



ɉɚɪɢɱɧɢɬɟɫɪɟɞɫɬɜɚɜɛɚɧɤɨɜɢɫɦɟɬɤɢɫɟɨɥɢɯɜɹɜɚɬɫɩɥɚɜɚɳɢɥɢɯɜɟɧɢɩɪɨɰɟɧɬɢɛɚɡɢɪɚɧɢɧɚɞɧɟɜɧɢɬɟɥɢɯɜɟɧɢ

ɩɪɨɰɟɧɬɢɩɨɛɚɧɤɨɜɢɞɟɩɨɡɢɬɢɄɪɚɬɤɨɫɪɨɱɧɢɬɟɞɟɩɨɡɢɬɢɫɚɫɪɚɡɥɢɱɟɧɫɪɨɤ±ɨɬɞɨɦɟɫɟɰɚɜɡɚɜɢɫɢɦɨɫɬɨɬ

ɥɢɤɜɢɞɧɢɬɟɧɭɠɞɢɧɚȾɪɭɠɟɫɬɜɨɬɨɌɟɫɟɨɥɢɯɜɹɜɚɬɩɨɞɨɝɨɜɨɪɟɧɢɮɢɤɫɢɪɚɧɢɥɢɯɜɟɧɢɩɪɨɰɟɧɬɢɌɟɡɢɞɟɩɨɡɢɬɢ

ɫɚɨɛɪɚɬɢɦɢɜɩɚɪɢɩɪɢɧɟɫɴɳɟɫɬɜɟɧɚɡɚɝɭɛɚɧɚɫɬɨɣɧɨɫɬɧɟɭɫɬɨɣɤɚ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɫɧɨɜɟɧɤɚɩɢɬɚɥɢɪɟɡɟɪɜɢ

Ɉɫɧɨɜɟɧɤɚɩɢɬɚɥ

Ɋɟɝɢɫɬɪɢɪɚɧɢɹɬ ɤɚɩɢɬɚɥ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɫɟ ɫɴɫɬɨɢ  ɛɪɨɹ ɧɚɩɴɥɧɨ ɩɥɚɬɟɧɢ ɨɛɢɤɧɨɜɟɧɢ ɩɨɢɦɟɧɧɢ

ɛɟɡɧɚɥɢɱɧɢɚɤɰɢɢɫɧɨɦɢɧɚɥɧɚɫɬɨɣɧɨɫɬɜɪɚɡɦɟɪɧɚɥɟɜɡɚɚɤɰɢɹȼɫɢɱɤɢɚɤɰɢɢɫɚɫɩɪɚɜɨɧɚɩɨɥɭɱɚɜɚɧɟɧɚ

ɞɢɜɢɞɟɧɬɢɥɢɤɜɢɞɚɰɢɨɧɟɧɞɹɥɢɞɚɜɚɬɩɪɚɜɨɧɚɟɞɢɧɝɥɚɫɜɈɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟɧɚȾɪɭɠɟɫɬɜɨɬɨ



Ȼɪɨɣɚɤɰɢɢ

ɯɢɥɹɞɢ

ɇɨɦɢɧɚɥɧɚ

ɫɬɨɣɧɨɫɬ

ɥɟɜɚ 

Ɉɫɧɨɜɟɧ

ɤɚɩɢɬɚɥ

ɯɢɥɥɜ





ɇɚɹɧ

ɚɪɢɝ    

ɇɚɞɟɤɟɦɜɪɢɝ    

ɇɚɞɟɤɟɦɜɪɢɝ    



ɋɩɢɫɴɤɴɬɧɚɨɫɧɨɜɧɢɬɟɚɤɰɢɨɧɟɪɢɧɚȾɪɭɠɟɫɬɜɨɬɨɟɩɪɟɞɫɬɚɜɟɧɤɚɤɬɨɫɥɟɞɜɚ



ɞɟɤɟɦɜɪɢ ɞɟɤɟɦɜɪɢ ɞɟɤɟɦɜɪɢ ɞɟɤɟɦɜɪɢ



 ɝ  ɝ ɝ  ɝ



Ȼɪɨɣɚɤɰɢɢ ɍɱɚɫɬɢɟ Ȼɪɨɣɚɤɰɢɢ ɍɱɚɫɬɢɟ



ɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾ    

ɍɧɢɜɟɪɫɚɥɟɧ ɉɟɧɫɢɨɧɟɧ

ɎɨɧɞɈȻȻ    



   



ȿɞɧɨɥɢɱɟɧɫɨɛɫɬɜɟɧɢɤɧɚɤɚɩɢɬɚɥɚɧɚɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾɟɋɬɚɧɢɦɢɪɆɚɪɢɧɨɜɄɚɪɨɥɟɜɄɚɤɬɨɟɭɩɨɜɟɫɬɟɧɨɜ

ȻɟɥɟɠɤɚɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾɟɨɛɫɥɭɠɜɚɳɨɞɪɭɠɟɫɬɜɨɧɚȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐ

Ʉɴɦ   ɞɟɤɟɦɜɪɢ  ɝ ɨɫɬɚɧɚɥɚɬɚ ɱɚɫɬ ɨɬ ɚɤɰɢɨɧɟɪɧɢɹ ɤɚɩɢɬɚɥ ɫɟ ɩɪɢɬɟɠɚɜɚ ɨɬ  ɸɪɢɞɢɱɟɫɤɢ ɥɢɰɚ

ɛɪɨɹɚɤɰɢɢɢɮɢɡɢɱɟɫɤɢɥɢɰɚɛɪɨɹɚɤɰɢɢɜɫɹɤɨɨɬɤɨɢɬɨɩɪɢɬɟɠɚɜɚɩɨɦɚɥɤɨɨɬ

ɨɬɤɚɩɢɬɚɥɚ

Ʉɴɦɞɟɤɟɦɜɪɢɝɨɫɬɚɧɚɥɚɬɚɱɚɫɬɨɬɚɤɰɢɨɧɟɪɧɢɹɤɚɩɢɬɚɥɫɟɩɪɢɬɟɠɚɜɚɨɬɸɪɢɞɢɱɟɫɤɢɥɢɰɚ

ɛɪɨɹɚɤɰɢɢɢɮɢɡɢɱɟɫɤɢɥɢɰɚɛɪɨɹɚɤɰɢɢɜɫɹɤɨɨɬɤɨɢɬɨɩɪɢɬɟɠɚɜɚɩɨɦɚɥɤɨɨɬɨɬɤɚɩɢɬɚɥɚ

ɋɴɝɥɚɫɧɨɪɚɡɩɨɪɟɞɛɢɬɟɧɚɁȾɋɂɐȾɋȾɪɭɠɟɫɬɜɨɬɨɧɹɦɚɩɪɚɜɨɞɚɩɪɢɬɟɠɚɜɚɫɨɛɫɬɜɟɧɢɚɤɰɢɢ

ɉɪɟɦɢɣɧɢɪɟɡɟɪɜɢ

ɄɴɦɞɟɤɟɦɜɪɢɝɩɪɟɦɢɣɧɢɬɟɪɟɡɟɪɜɢɫɚɜɪɚɡɦɟɪɧɚɯɢɥɥɜɝɯɢɥɥɜɌɟɫɚɮɨɪɦɢɪɚɧɢ

ɩɪɢɩɟɬɬɟɭɜɟɥɢɱɟɧɢɹɧɚɤɚɩɢɬɚɥɚɧɚȾɪɭɠɟɫɬɜɨɬɨɜɩɟɪɢɨɞɚɝ±ɝɨɬɪɚɡɥɢɤɚɬɚɦɟɠɞɭɟɦɢɫɢɨɧɧɚɢ

ɧɨɦɢɧɚɥɧɚɫɬɨɣɧɨɫɬɩɪɢɢɡɞɚɞɟɧɢɧɨɜɢɚɤɰɢɢɉɪɟɦɢɣɧɢɬɟɪɟɡɟɪɜɢɦɨɝɚɬɞɚɛɴɞɚɬɢɡɩɨɥɡɜɚɧɢɫɚɦɨɡɚɩɨɤɪɢɜɚɧɟ

ɧɚɡɚɝɭɛɢɨɬɩɪɟɞɯɨɞɧɚɝɨɞɢɧɚ

Ⱦɪɭɝɢɪɟɡɟɪɜɢ

ɇɟɩɨɥɭɱɟɧɢɬɟɢɧɟɩɨɬɴɪɫɟɧɢɞɢɜɢɞɟɧɬɢɫɥɟɞɢɡɬɢɱɚɧɟɧɚɩɟɬɝɨɞɢɲɧɢɹɞɚɜɧɨɫɬɟɧɫɪɨɤɡɚɢɡɩɥɚɳɚɧɟɫɟɨɬɧɚɫɹɬɜ

ɞɪɭɝɢɪɟɡɟɪɜɢɧɚȾɪɭɠɟɫɬɜɨɬɨɄɴɦɞɟɤɟɦɜɪɢɝɯɢɥɥɜɞɟɤɟɦɜɪɢɝɯɢɥɥɜ

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɉɪɨɜɢɡɢɢ

Ɉɛɳɢɩɪɨɜɢɡɢɢ

  



ɢɥ. ɥɜ.



ɢɥ. ɥɜ.

ɋɚɥɞɨɧɚɹɧ

ɚɪɢ   

ɇɚɱɢɫɥɟɧɢɩɪɨɜɢɡɢɢɩɪɟɡɝɨɞɢɧɚɬɚȻɟɥɟɠɤɚ   

ɋɚɥɞɨɧɚɞɟɤɟɦɜɪɢ  



ɉɨɞɚɧɧɢɧɚɚɞɜɨɤɚɬɫɤɢɹɟɤɢɩɡɚɜɟɞɟɧɢɬɟɞɟɥɚɫɪɟɳɭɤɭɩɭɜɚɱɢɧɚɢɦɨɬɢɨɬȾɪɭɠɟɫɬɜɨɬɨɤɨɢɬɨɡɚɫɹɝɚɬɩɪɚɜɨɬɨ

ɧɚɫɨɛɫɬɜɟɧɨɫɬɧɚɜɟɱɟɩɪɨɞɚɞɟɧɢɬɟɢɦɨɬɢɟɜɟɪɨɹɬɧɨɞɚɛɴɞɚɬɡɚɝɭɛɟɧɢɢɤɭɩɭɜɚɱɴɬɞɚɛɴɞɟɨɬɫɬɪɚɧɟɧɨɬɢɦɨɬɢɬɟ

ɉɨɪɚɞɢ ɬɚɡɢ ɩɪɢɱɢɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɧɚɱɢɫɥɢɥɨ ɩɪɨɜɢɡɢɢ ɡɚ ɜɴɡɫɬɚɧɨɜɹɜɚɧɟ ɧɚ ɩɨɥɭɱɟɧɚɬɚ ɩɪɨɞɚɠɧɚ ɰɟɧɚ ɧɚ

ɤɭɩɭɜɚɱɢɬɟ



ɉɪɨɜɢɡɢɹɡɚɞɢɜɢɞɟɧɬɢ

ɋɴɝɥɚɫɧɨ ɱɥ  ɧɚ ɁȾɋɂɐȾɋ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɡɚɞɴɥɠɟɧɨ ɞɚ ɪɚɡɩɪɟɞɟɥɹ ɞɢɜɢɞɟɧɬ ɧɟ ɩɨɦɚɥɤɨ ɨɬ  ɨɬ

ɮɢɧɚɧɫɨɜɢɹɪɟɡɭɥɬɚɬɩɪɟɨɛɪɚɡɭɜɚɧɩɨɪɟɞɚɧɚɱɥɚɥɨɬɫɴɳɢɹɡɚɤɨɧ

Ʉɴɦ  ɞɟɤɟɦɜɪɢ  ɝ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɧɚɱɢɫɥɢɥɨ ɞɢɜɢɞɟɧɬ ɜ ɪɚɡɦɟɪ ɧɚ  ɯɢɥɥɜ

ɥɟɜɚɧɚɚɤɰɢɹɤɨɣɬɨɫɟɨɱɚɤɜɚɞɚɛɴɞɟɢɡɩɥɚɬɟɧɩɪɟɡɝɫɥɟɞɪɟɲɟɧɢɟɧɚɈɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚ

ɚɤɰɢɨɧɟɪɢɬɟ

Ɋɚɡɦɟɪɴɬɧɚɞɢɜɢɞɟɧɬɚɡɚɝɛɟɲɟɨɩɪɟɞɟɥɟɧɩɨɫɥɟɞɧɢɹɧɚɱɢɧ

 

ɋɱɟɬɨɜɨɞɧɚɩɟɱɚɥɛɚɫɴɝɥɚɫɧɨɨɬɱɟɬɚɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞ 

ɨɪɟɤɰɢɹ ɡɚ:

ɉɟɱɚɥɛɚɨɬɩɨɫɥɟɞɜɚɳɚɨɰɟɧɤɚɧɚɢɦɨɬɢɧɟɬɧɨɱɥɚɥɬɨɬɁȾɋɂɐȾɋ 

ɉɟɱɚɥɛɢɨɬɫɞɟɥɤɢɩɨɩɪɟɯɜɴɪɥɹɧɟɫɨɛɫɬɜɟɧɨɫɬɧɚɢɦɨɬɢɱɥɚɥɬɨɬɁȾɋɂɐȾɋ 

ɉɨɥɨɠɢɬɟɥɧɚɪɚɡɥɢɤɚɦɟɠɞɭɩɪɨɞɚɠɧɚɰɟɧɚɢɢɫɬɨɪɢɱɟɫɤɚɫɬɨɣɧɨɫɬɧɚɢɦɨɬɢɱɥɚɥɬ

ɨɬɁȾɋɂɐȾɋ



ɉɟɱɚɥɛɢɨɬɨɩɰɢɢɩɪɢɞɨɝɨɜɨɪɢɡɚɪɚɡɫɪɨɱɟɧɢɩɪɨɞɚɠɛɢɱɥɚɥɬɨɬɁȾɋɂɐȾɋ 

ɉɨɥɨɠɢɬɟɥɧɚɪɚɡɥɢɤɚɦɟɠɞɭɞɢɫɤɨɧɬɢɪɚɧɚɩɪɨɞɚɠɧɚɰɟɧɚɢɢɫɬɨɪɢɱɟɫɤɚɫɬɨɣɧɨɫɬɩɪɢ

ɩɪɢɤɥɸɱɜɚɧɟɧɚɞɨɝɨɜɨɪɢɡɚɪɚɡɫɪɨɱɟɧɢɩɪɨɞɚɠɛɢɱɥɚɥɬɨɬɁȾɋɂɐȾɋ 

Ȼɚɥɚɧɫɨɜɚɫɬɨɣɧɨɫɬɧɚɨɬɱ

ɠɞɟɧɢɱɚɫɬɢɨɬɢɦɨɬɢ 

ɂɫɬɨɪɢɱɟɫɤɚɫɬɨɣɧɨɫɬɧɚɨɬɱ

ɠɞɟɧɢɱɚɫɬɢɨɬɢɦɨɬɢ 

ɨɪɢɝɢɪɚɧ ɮɢɧɚɧɫɨɜ ɪɟɡ

ɥɬɚɬ ɡɚ ɩɟɪɢɨɞɚ 

Ⱦɢɜɢɞɟɧɬɡɚɪɚɡɩɪɟɞɟɥɟɧɢɟɨɬɤɨɪɢɝɢɪɚɧɢɹɮɢɧɚɧɫɨɜɪɟɡ

ɥɬɚɬ 

Ɂɚɞɴɥɠɟɧɢɟɡɚɞɢɜɢɞɟɧɬ 



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɉɪɨɜɢɡɢɢɩɪɨɞɴɥɠɟɧɢɟ



ɉɪɨɜɢɡɢɹɡɚɞɢɜɢɞɟɧɬɢɩɪɨɞɴɥɠɟɧɢɟ



Ʉɴɦ  ɞɟɤɟɦɜɪɢ  ɝ Ⱦɪɭɠɟɫɬɜɨɬɨ ɟ ɧɚɱɢɫɥɢɥɨ ɞɢɜɢɞɟɧɬ ɜ ɪɚɡɦɟɪ ɧɚ  ɯɢɥɥɜ

ɥɟɜɚɧɚɚɤɰɢɹɤɨɣɬɨɟɢɡɩɥɚɬɟɧɩɪɟɡɝɫɪɟɲɟɧɢɟɧɚɈɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟ

Ɋɚɡɦɟɪɴɬɧɚɞɢɜɢɞɟɧɬɚɡɚɝɛɟɲɟɨɩɪɟɞɟɥɟɧɩɨɫɥɟɞɧɢɹɧɚɱɢɧ

 

ɋɱɟɬɨɜɨɞɧɚɩɟɱɚɥɛɚɫɴɝɥɚɫɧɨɨɬɱɟɬɚɡɚɜɫɟɨɛɯɜɚɬɧɢɹɞɨɯɨɞ 

ɨɪɟɤɰɢɹ ɡɚ:

ɉɟɱɚɥɛɚɨɬɩɨɫɥɟɞɜɚɳɚɨɰɟɧɤɚɧɚɢɦɨɬɢɧɟɬɧɨɱɥɚɥɬɨɬɁȾɋɂɐȾɋ 

ɉɟɱɚɥɛɢɨɬɫɞɟɥɤɢɩɨɩɪɟɯɜɴɪɥɹɧɟɫɨɛɫɬɜɟɧɨɫɬɧɚɢɦɨɬɢɱɥɚɥɬɨɬɁȾɋɂɐȾɋ 

ɨɬɁȾɋɂɐȾɋ 

Ɉɬɪɢɰɚɬɟɥɧɚɪɚɡɥɢɤɚɦɟɠɞɭɩɪɨɞɚɠɧɚɰɟɧɚɢɢɫɬɨɪɢɱɟɫɤɚɫɬɨɣɧɨɫɬɧɚɢɦɨɬɢɱɥɚɥɬ

ɨɬɁȾɋɂɐȾɋ 

ɉɨɥɨɠɢɬɟɥɧɚɪɚɡɥɢɤɚɦɟɠɞɭɞɢɫɤɨɧɬɢɪɚɧɚɥɢɡɢɧɝɨɜɚɰɟɧɚɢɢɫɬɨɪɢɱɟɫɤɚɫɬɨɣɧɨɫɬɩɪɢ

ɩɪɢɤɥɸɱɜɚɧɟɧɚɞɨɝɨɜɨɪɢɡɚɮɢɧɚɧɫɨɜɥɢɡɢɧɝɱɥɚɥɬɨɬɁȾɋɂɐȾɋ 

ɉɟɱɚɥɛɢɨɬɨɩɰɢɢɩɪɢɞɨɝɨɜɨɪɢɡɚɪɚɡɫɪɨɱɟɧɢɩɪɨɞɚɠɛɢɱɥɚɥɬɨɬɁȾɋɂɐȾɋ 

ɉɨɥɨɠɢɬɟɥɧɚɪɚɡɥɢɤɚɦɟɠɞɭɞɢɫɤɨɧɬɢɪɚɧɚɩɪɨɞɚɠɧɚɰɟɧɚɢɢɫɬɨɪɢɱɟɫɤɚɫɬɨɣɧɨɫɬɩɪɢ

ɩɪɢɤɥɸɱɜɚɧɟɧɚɞɨɝɨɜɨɪɢɡɚɪɚɡɫɪɨɱɟɧɢɩɪɨɞɚɠɛɢɱɥɚɥɬɨɬɁȾɋɂɐȾɋ 

Ȼɚɥɚɧɫɨɜɚɫɬɨɣɧɨɫɬɧɚɨɬɱ

ɠɞɟɧɢɱɚɫɬɢɨɬɢɦɨɬɢ 

ɂɫɬɨɪɢɱɟɫɤɚɫɬɨɣɧɨɫɬɧɚɨɬɱ

ɠɞɟɧɢɱɚɫɬɢ ɨɬɢɦɨɬɢ 

ɨɪɢɝɢɪɚɧ ɮɢɧɚɧɫɨɜ ɪɟɡ

ɥɬɚɬ ɡɚ ɩɟɪɢɨɞɚ 

ȾɢɜɢɞɟɧɬɡɚɪɚɡɩɪɟɞɟɥɟɧɢɟɫɴɝɥɚɫɧɨɪɟɲɟɧɢɟɧɚɈɛɳɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟ±ɨɬ

ɤɨɪɢɝɢɪɚɧɢɹɮɢɧɚɧɫɨɜɪɟɡ

ɥɬɚɬ 

Ɂɚɞɴɥɠɟɧɢɟɡɚɞɢɜɢɞɟɧɬɤɴɦɝ

ɨɬɤɨɪɢɝɢɪɚɧɢɹɮɢɧɚɧɫɨɜɪɟɡ

ɥɬɚɬ 

Ɂɚɞɴɥɠɟɧɢɟɡɚɞɨɧɚɱɢɫɥɟɧɢɟɩɪɟɡɝɧɚɛɚɡɚɩɪɟɞɯɨɞɟɧɩɟɪɢɨɞ

Ɉɛɳɨɧɚɱɢɫɥɟɧɞɢɜɢɞɟɧɬɩɪɟɡɝ 



ɉɪɟɡɝɢɝɞɜɢɠɟɧɢɟɬɨɜɡɚɞɴɥɠɟɧɢɟɬɨɡɚɞɢɜɢɞɟɧɬɢɟɤɚɤɬɨɫɥɟɞɜɚ



   



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɋɚɥɞɨɧɚɹɧ

ɚɪɢ   

Ɋɚɡɩɪɟɞɟɥɟɧɞɢɜɢɞɟɧɬɡɚɬɟɤ

ɳɚɬɚɝɨɞɢɧɚ   

Ⱦɨɧɚɱɢɫɥɟɧɪɚɡɩɪɟɞɟɥɟɧɞɢɜɢɞɟɧɬɡɚ ɝ   

ɂɡɩɥɚɬɟɧɞɢɜɢɞɟɧɬɧɟɬɧɨɫɥɟɞ

ɞɴɪɠɚɧɞɚɧɴɤ   

ɍɞɴɪɠɚɧɞɚɧɴɤɩɪɢɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬ   

Ⱦɨɧɚɱɢɫɥɟɧɪɚɡɩɪɟɞɟɥɟɧɞɢɜɢɞɟɧɬɡɚ ɝ   

Ⱦɢɜɢɞɟɧɬɢɫɢɡɬɟɤɴɥɞɚɜɧɨɫɬɟɧɫɪɨɤ   

ɋɚɥɞɨɧɚɞɟɤɟɦɜɪɢ   



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɉɪɨɜɢɡɢɢɩɪɨɞɴɥɠɟɧɢɟ



ɉɪɨɜɢɡɢɹɡɚɞɢɜɢɞɟɧɬɢɩɪɨɞɴɥɠɟɧɢɟ



ɋɴɜɟɬɴɬɧɚȾɢɪɟɤɬɨɪɢɬɟɧɚȾɪɭɠɟɫɬɜɨɬɨɨɩɪɟɞɟɥɢɫɥɟɞɧɢɬɟɭɫɥɨɜɢɹɡɚɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬɚɡɚɝ

 Ȼɪɭɬɟɧɪɚɡɦɟɪɧɚɞɢɜɢɞɟɧɬɚɡɚɟɞɧɚɚɤɰɢɹ±ɥɟɜɚ

 ɇɟɬɟɧɪɚɡɦɟɪɧɚɞɢɜɢɞɟɧɬɚɧɚɟɞɧɚɚɤɰɢɹɡɚɚɤɰɢɨɧɟɪɢɬɟɮɢɡɢɱɟɫɤɢɥɢɰɚ±ɥɟɜɚ

 ɂɡɛɪɚɧɚɌɴɪɝɨɜɫɤɚɛɚɧɤɚɡɚɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬɚ±ȻɚɧɤɚȾɋɄȺȾ

 ȾɚɬɚɤɴɦɤɨɹɬɨɫɟɨɩɪɟɞɟɥɹɚɤɰɢɨɧɟɪɧɢɹɫɴɫɬɚɜɫɴɝɥɚɫɧɨɢɡɢɫɤɜɚɧɢɹɬɚɧɚɁɉɉɐɄ±ɝ

 ɇɚɱɢɧɡɚɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬ

 ɇɚɚɤɰɢɨɧɟɪɢɬɟɱɢɢɬɨɫɦɟɬɤɢɡɚɰɟɧɧɢɤɧɢɠɚɫɟɧɚɦɢɪɚɬɜɪɟɝɢɫɬɴɪȺɧɚɐɟɧɬɪɚɥɟɧɞɟɩɨɡɢɬɚɪȺȾɥɢɱɧɢ

ɫɦɟɬɤɢɞɢɜɢɞɟɧɬɴɬɳɟɛɴɞɟɢɡɩɥɚɳɚɧɱɪɟɡɤɥɨɧɨɜɟɬɟɧɚȻɚɧɤɚȾɋɄȺȾ

 ɇɚɚɤɰɢɨɧɟɪɢɬɟɱɢɢɬɨɫɦɟɬɤɢɡɚɰɟɧɧɢɤɧɢɠɚɫɟɧɚɦɢɪɚɬɜɪɟɝɢɫɬɴɪȻɧɚɐɟɧɬɪɚɥɟɧɞɟɩɨɡɢɬɚɪȺȾɤɥɢɟɧɬɫɤɚ

ɩɨɞɫɦɟɬɤɚ ɩɪɢ ɢɧɜɟɫɬɢɰɢɨɧɟɧ ɩɨɫɪɟɞɧɢɤ ɞɢɜɢɞɟɧɬɴɬ ɳɟ ɛɴɞɟ ɢɡɩɥɚɳɚɧ ɱɪɟɡ ɫɴɨɬɜɟɬɧɢɹ ɢɧɜɟɫɬɢɰɢɨɧɟɧ

ɩɨɫɪɟɞɧɢɤɫɴɫɫɴɞɟɣɫɬɜɢɟɬɨɧɚɐɟɧɬɪɚɥɟɧɞɟɩɨɡɢɬɚɪȺȾ

ɇɚɱɚɥɟɧɫɪɨɤɡɚɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬɚ±ɝ

ɄɪɚɟɧɫɪɨɤɡɚɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬɚɩɪɟɡȻɚɧɤɚȾɋɄ±ɝ

ɋɥɟɞ ɢɡɬɢɱɚɧɟ ɧɚ ɤɪɚɣɧɢɹ ɫɪɨɤ ɡɚ ɢɡɩɥɚɳɚɧɟ ɧɚ ɞɢɜɢɞɟɧɬɚ ɜ ɪɚɦɤɢɬɟ ɧɚ ɩɟɬɝɨɞɢɲɧɢɹ ɞɚɜɧɨɫɬɟɧ ɫɪɨɤ ɜɫɟɤɢ

ɚɤɰɢɨɧɟɪɤɨɣɬɨɧɟɟɩɨɥɭɱɢɥɫɜɨɹɞɢɜɢɞɟɧɬɡɚɝɳɟɦɨɠɟɞɚɝɨɩɨɥɭɱɢɨɬɞɪɭɠɟɫɬɜɨɬɨɜɛɪɨɣɢɥɢɩɨɛɚɧɤɨɜ

ɩɴɬɫɥɟɞɢɡɪɢɱɧɨɨɬɩɪɚɜɟɧɨɢɫɤɚɧɟɡɚɬɨɜɚɧɚɚɞɪɟɫɚɧɚɭɩɪɚɜɥɟɧɢɟɧɚɞɪɭɠɟɫɬɜɨɬɨɝɪɋɨɮɢɹɪɚɣɨɧɅɨɡɟɧɟɰ

ɭɥ Ɂɥɚɬɨɜɪɴɯ ʋ ɢɥɢ ɧɚ ɮɚɤɫ ±  ɇɟɩɨɥɭɱɟɧɢɬɟ ɢ ɧɟɩɨɬɴɪɫɟɧɢ ɞɢɜɢɞɟɧɬɢ ɫɥɟɞ ɢɡɬɢɱɚɧɟ ɧɚ

ɩɟɬɝɨɞɢɲɧɢɹɞɚɜɧɨɫɬɟɧɫɪɨɤɫɟɨɬɧɚɫɹɬɜɴɜɎɨɧɞÄɊɟɡɟɪɜɟɧ´ɧɚɞɪɭɠɟɫɬɜɨɬɨ

ɄɴɦɞɟɤɟɦɜɪɢɝȾɪɭɠɟɫɬɜɨɬɨɟɨɬɱɟɥɨɡɚɞɴɥɠɟɧɢɟɩɨɧɟɢɡɩɥɚɬɟɧɢɞɢɜɢɞɟɧɬɢɡɚɩɟɪɢɨɞɚɨɬɝɞɨ

ɝɨɛɳɨɜɪɚɡɦɟɪɧɚɯɢɥɥɜ

ɇɚɪɚɡɩɨɥɨɠɟɧɢɟɜȻɚɧɤɚȾɋɄɟɫɭɦɚɜɪɚɡɦɟɪɧɚɯɢɥɥɜɡɚɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬɢɡɚɝɧɚɚɤɰɢɨɧɟɪɢɫ

ɥɢɱɧɢɫɦɟɬɤɢɜɐɟɧɬɪɚɥɟɧɞɟɩɨɡɢɬɚɪȺȾ

ɄɴɦɞɟɤɟɦɜɪɢɝȾɪɭɠɟɫɬɜɨɬɨɟɨɬɱɟɥɨɡɚɞɴɥɠɟɧɢɟɩɨɧɟɢɡɩɥɚɬɟɧɢɞɢɜɢɞɟɧɬɢɡɚɩɟɪɢɨɞɚɨɬɝɞɨ

ɝɨɛɳɨɜɪɚɡɦɟɪɧɚɯɢɥɥɜ



Ɍɴɪɝɨɜɫɤɢɢɞɪɭɝɢɡɚɞɴɥɠɟɧɢɹ

   



ɢɥ. ɥɜ.



ɢɥ. ɥɜ.

Ɂɚɞɴɥɠɟɧɢɹɤɴɦɨɛɫɥ

ɠɜɚɳɨɬɨɞɪ

ɠɟɫɬɜɨȻɟɥɟɠɤɚ   

ɉɨɥ

ɱɟɧɢɚɜɚɧɫɢɡɚɩɪɨɞɚɠɛɚɧɚɢɦɨɬɢ   

ɉɨɥ

ɱɟɧɢɚɜɚɧɫɢɡɚɫɬɨɩɚɧɫɤɚɬɚ ɝ   

Ɂɚɞɴɥɠɟɧɢɹɤɴɦɞɨɫɬɚɜɱɢɰɢɢɛɪɨɤɟɪɢ   

ɉɨɥ

ɱɟɧɢɚɜɚɧɫɢɡɚɫɬɨɩɚɧɫɤɚɬɚɝ   

Ⱦɪ

ɝɢ   

   



ɍɫɥɨɜɢɹɬɚɧɚɩɨɫɨɱɟɧɢɬɟɩɨɝɨɪɟɮɢɧɚɧɫɨɜɢɡɚɞɴɥɠɟɧɢɹɫɚɤɚɤɬɨɫɥɟɞɜɚ

 Ɂɚɞɴɥɠɟɧɢɹɬɚɤɴɦɞɨɫɬɚɜɱɢɰɢɢɛɪɨɤɟɪɢɧɟɫɚɥɢɯɜɨɧɨɫɧɢɢɨɛɢɱɚɣɧɨɫɟɭɪɟɠɞɚɬɜɞɧɟɜɟɧɫɪɨɤ

 Ɂɚɞɴɥɠɟɧɢɹɬɚɤɴɦɨɛɫɥɭɠɜɚɳɨɬɨɞɪɭɠɟɫɬɜɨɧɟɫɚɥɢɯɜɨɧɨɫɧɢɢɨɛɢɱɚɣɧɨɫɟɭɪɟɠɞɚɬɜɞɧɟɜɟɧɫɪɨɤ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɩɨɜɟɫɬɹɜɚɧɟɧɚɫɜɴɪɡɚɧɢɥɢɰɚ

ȼɴɡɧɚɝɪɚɠɞɟɧɢɟɧɚɨɛɫɥɭɠɜɚɳɨɞɪɭɠɟɫɬɜɨ

ȾɪɭɠɟɫɬɜɨɬɨɢɦɚɫɤɥɸɱɟɧɞɨɝɨɜɨɪɡɚɩɪɟɞɨɫɬɚɜɹɧɟɧɚɭɫɥɭɝɢɨɬɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾɤɨɟɬɨɩɪɢɬɟɠɚɜɚɞɹɥɨɬ

ɚɤɰɢɨɧɟɪɧɢɹɤɚɩɢɬɚɥɧɚȾɪɭɠɟɫɬɜɨɬɨɤɴɦɞɟɤɟɦɜɪɢɝɜɪɚɡɦɟɪɧɚɤɴɦ ɞɟɤɟɦɜɪɢɝ±

ȿɞɧɨɥɢɱɟɧɫɨɛɫɬɜɟɧɢɤɧɚɤɚɩɢɬɚɥɚɧɚɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾɟɋɬɚɧɢɦɢɪɆɚɪɢɧɨɜɄɚɪɨɥɟɜ

ɋɩɨɪɟɞɝɨɪɟɩɨɫɨɱɟɧɢɹɞɨɝɨɜɨɪɄɚɪɨɥɎɢɧɚɧɫȿɈɈȾɨɫɢɝɭɪɹɜɚɫɥɟɞɧɢɬɟɩɪɢɦɟɪɧɨɧɨɧɟɢɡɱɟɪɩɚɬɟɥɧɨɢɡɛɪɨɟɧɢ

ɤɨɧɫɭɥɬɚɧɬɫɤɢɢɚɞɦɢɧɢɫɬɪɚɬɢɜɧɢɭɫɥɭɝɢɩɪɨɭɱɜɚɧɟɧɚɧɚɛɟɥɹɡɚɧɢɬɟɧɟɞɜɢɠɢɦɢɢɦɨɬɢɡɚɩɨɤɭɩɤɚɢɡɜɴɪɲɜɚɧɟ

ɧɚ ɩɨɞɝɨɬɜɢɬɟɥɧɢ ɪɚɛɨɬɢ ɡɚ ɫɤɥɸɱɜɚɧɟ ɧɚ ɞɨɝɨɜɨɪɢ ɡɚ ɧɚɟɦɚɪɟɧɞɚ ɥɢɡɢɧɝ ɢ ɩɪɨɞɚɠɛɚ ɧɚ ɧɟɞɜɢɠɢɦɢ ɢɦɨɬɢ

ɫɨɛɫɬɜɟɧɨɫɬɧɚȾɪɭɠɟɫɬɜɨɬɨɤɨɧɬɪɨɥɜɴɪɯɭɢɡɩɴɥɧɟɧɢɟɬɨɧɚɫɤɥɸɱɟɧɢɬɟɞɨɝɨɜɨɪɢɢɫɴɛɢɪɚɧɟɧɚɞɴɥɠɢɦɢɬɟɩɨ

ɬɹɯɜɴɡɧɚɝɪɚɠɞɟɧɢɹɜɨɞɟɧɟɢɫɴɯɪɚɧɹɜɚɧɟɧɚɫɱɟɬɨɜɨɞɧɚɬɚɢɞɪɭɝɚɨɬɱɟɬɧɨɫɬɢɤɨɪɟɫɩɨɧɞɟɧɰɢɹɢɞɪɭɝɢ

Ƚɨɞɢɲɧɨɬɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟɩɨɞɨɝɨɜɨɪɚɫɟɮɨɪɦɢɪɚɩɨɫɥɟɞɧɢɹɧɚɱɢɧ

 ɨɬɫɬɨɣɧɨɫɬɬɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɬɟɢɦɨɬɢɧɚȾɪɭɠɟɫɬɜɨɬɨɩɨɰɟɧɚɧɚɩɪɢɞɨɛɢɜɚɧɟɩɥɚɬɢɦɢɡɚ

ɜɫɹɤɨɬɪɢɦɟɫɟɱɢɟ

 ɨɬɩɨɫɬɴɩɥɟɧɢɹɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɨɬɧɚɟɦɢɚɪɟɧɞɚɢɡɱɢɫɥɟɧɢɜɤɪɚɹɧɚɜɫɹɤɨɬɪɢɦɟɫɟɱɢɟ

 ɜɴɪɯɭɪɚɡɥɢɤɚɬɚɦɟɠɞɭɩɪɨɞɚɠɧɚɬɚɰɟɧɚɢɰɟɧɚɬɚɧɚɩɪɢɞɨɛɢɜɚɧɟɧɚɫɴɨɬɜɟɬɧɢɹɢɦɨɬɡɟɦɹɩɥɚɬɢɦɚ

ɤɴɦɦɨɦɟɧɬɚɧɚɪɟɚɥɢɡɢɪɚɧɟɧɚɩɪɨɞɚɠɛɚɬɚɩɪɢɭɫɥɨɜɢɟɱɟɩɪɢɨɫɴɳɟɫɬɜɟɧɚɬɚɫɞɟɥɤɚɟɪɟɚɥɢɡɢɪɚɧɚ

ɞɨɯɨɞɧɨɫɬɜɪɚɡɦɟɪɨɬɦɢɧɢɦɭɦ

 ɜɴɪɯɭɪɚɡɥɢɤɚɬɚɦɟɠɞɭɥɢɡɢɧɝɨɜɚɬɚɰɟɧɚɩɪɨɞɚɠɧɚɬɚɰɟɧɚɩɨɞɨɝɨɜɨɪɡɚɮɢɧɚɧɫɨɜɥɢɡɢɧɝɞɨɝɨɜɨɪ

ɡɚɩɪɨɞɚɠɛɚɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɢɰɟɧɚɬɚɧɚɩɪɢɞɨɛɢɜɚɧɟɧɚɫɴɨɬɜɟɬɧɢɹɢɦɨɬ

 ɝɨɞɢɲɧɚɬɚɤɫɚɡɚɭɩɪɚɜɥɟɧɢɟɢɚɞɦɢɧɢɫɬɪɢɪɚɧɟɧɚɜɫɟɤɢɞɨɝɨɜɨɪɡɚɮɢɧɚɧɫɨɜɥɢɡɢɧɝɞɨɝɨɜɨɪɡɚɩɪɨɞɚɠɛɚ

ɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟɜɪɚɡɦɟɪɧɚɜɴɪɯɭɬɚɤɫɚɬɚɩɨɬɡɚɜɫɹɤɚɟɞɧɚɝɨɞɢɧɚɨɬɫɪɨɤɚɧɚɞɨɝɨɜɨɪɚɡɚ

ɮɢɧɚɧɫɨɜɥɢɡɢɧɝɞɨɝɨɜɨɪɚɡɚɩɪɨɞɚɠɛɚɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ



ȼ ɞɨɝɨɜɨɪɚ ɡɚ ɨɛɫɥɭɠɜɚɧɟ ɧɚ ɞɟɣɧɨɫɬɬɚ ɧɟ ɟ ɩɪɟɞɜɢɞɟɧɨ ɜɴɡɧɚɝɪɚɠɞɟɧɢɟ ɧɚ ɨɛɫɥɭɠɜɚɳɨɬɨ ɞɪɭɠɟɫɬɜɨ ɩɪɢ

ɪɟɚɥɢɡɢɪɚɧɟɧɚɩɪɨɞɚɠɛɚɧɚɞɹɥɨɜɟɧɚɫɩɟɰɢɚɥɢɡɢɪɚɧɨɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨɩɨɱɥɨɬɁȾɋɂɐȾɋɉɨɪɚɞɢɬɚɡɢ

ɩɪɢɱɢɧɚɩɪɢɩɪɨɞɚɠɛɚɬɚɩɪɟɡɦɸɥɢɝɧɚɞɴɳɟɪɧɨɞɪɭɠɟɫɬɜɨɉɪɨɟɤɬȼɪɚɠɞɟɛɧɚȿɈɈȾɧɟɟɧɚɱɢɫɥɹɜɚɧɨɢ

ɧɟɟɢɡɩɥɚɳɚɧɨɜɴɡɧɚɝɪɚɠɞɟɧɢɟɧɚɨɛɫɥɭɠɜɚɳɨɬɨɞɪɭɠɟɫɬɜɨ

ɈɛɳɢɹɬɪɚɡɦɟɪɧɚɬɚɤɫɚɬɚɩɨɞɨɝɨɜɨɪɚɡɚɩɪɟɞɨɫɬɚɜɹɧɟɧɚɭɫɥɭɝɢɤɴɦɄɚɪɨɥɎɢɧɚɧɫɜɴɡɥɢɡɚɧɚɯɢɥɥɜɢ

ɯɢɥɥɜɡɚɝɢɝɫɴɨɬɜɟɬɧɨ



   



ɢɥ. ɥɜ.



ɢɥ. ɥɜ.

ɋɚɥɞɨɧɚɹɧ

ɚɪɢ   

ɇɚɱɢɫɥɟɧɢɩɪɟɡɝɨɞɢɧɚɬɚȻɟɥɟɠɤɚ   

ɉɥɚɬɟɧɢɩɪɟɡɝɨɞɢɧɚɬɚ   

ɋɚɥɞɨɧɚɞɟɤɟɦɜɪɢ   



ȼɴɡɧɚɝɪɚɠɞɟɧɢɹɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟ



ȼɴɡɧɚɝɪɚɠɞɟɧɢɹɬɚɧɚɋɴɜɟɬɚɧɚɞɢɪɟɤɬɨɪɢɬɟɫɟɨɩɪɟɞɟɥɹɬɨɬɈɛɳɨɬɨɫɴɛɪɚɧɢɟɧɚɚɤɰɢɨɧɟɪɢɬɟȾɪɭɠɟɫɬɜɨɬɨɟ

ɢɡɩɥɚɬɢɥɨɧɚɱɥɟɧɨɜɟɬɟɧɚɋɴɜɟɬɚɞɢɪɟɤɬɨɪɢɬɟɩɪɟɡɝɜɴɡɧɚɝɪɚɠɞɟɧɢɹɜɪɚɡɦɟɪɧɚɯɢɥɥɜɜɬɨɜɚɱɢɫɥɨ

ɨɫɢɝɭɪɨɜɤɢɜɪɚɡɦɟɪɧɚɯɢɥɥɜɩɪɟɡɝɜɴɡɧɚɝɪɚɠɞɟɧɢɹɜɪɚɡɦɟɪɧɚɯɢɥɥɜɜɬɨɜɚɱɢɫɥɨɨɫɢɝɭɪɨɜɤɢɜ

ɪɚɡɦɟɪɧɚɯɢɥɥɜ



Ⱦɪɭɠɟɫɬɜɨɬɨɧɟɩɪɢɥɚɝɚɩɟɧɫɢɨɧɧɚɩɪɨɝɪɚɦɚɡɚɫɥɭɠɢɬɟɥɢɬɟɫɢɢɥɢɩɥɚɳɚɧɟɧɚɛɚɡɚɬɚɧɚɚɤɰɢɢ



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɩɨɜɟɫɬɹɜɚɧɟɧɚɫɜɴɪɡɚɧɢɥɢɰɚɩɪɨɞɴɥɠɟɧɢɟ



Ɍɪɚɧɡɚɤɰɢɢɫɞɪɭɝɢɫɜɴɪɡɚɧɢɥɢɰɚ

ɄɴɦɞɟɤɟɦɜɪɢɝȺɝɪɨɌɟɪɚɋɟɜɟɪȺȾHɫɜɴɪɡɚɧRɥɢɰHɫȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɩɨɞɤɨɧɬɪɨɥɧɚɤɪɚɣɧɢɹ

ɫɨɛɫɬɜɟɧɢɤɧɚɤɚɩɢɬɚɥɚɧɚɨɛɫɥɭɠɜɚɳɨɬɨɞɪɭɠɟɫɬɜɨ±ɋɬɚɧɢɦɢɪɆɚɪɢɧɨɜɄɚɪɨɥɟɜ

ɁɚɩɟɪɢɨɞɚɨɬɹɧɭɚɪɢɝɞɨɞɟɤɟɦɜɪɢɝɊɟɦɭɫɫȿɈɈȾɟɫɜɴɪɡɚɧɨɥɢɰɟɫȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐ

ɩɨɞɤɨɧɬɪɨɥɧɚɤɪɚɣɧɢɹɫɨɛɫɬɜɟɧɢɤɧɚɤɚɩɢɬɚɥɚɧɚɨɛɫɥɭɠɜɚɳɨɬɨɞɪɭɠɟɫɬɜɨ±ɋɬɚɧɢɦɢɪɆɚɪɢɧɨɜɄɚɪɨɥɟɜ

ɇɚɞɟɤɟɦɜɪɢɝɟɞɧɨɥɢɱɧɢɹɬɫɨɛɫɬɜɟɧɢɤɧɚɊɟɦɭɫɫȿɈɈȾɩɭɛɥɢɱɧɨɟɨɩɨɜɟɫɬɢɥɢɧɮɨɪɦɚɰɢɹɡɚɜɩɢɫɚɧɚ

ɧɚɞɟɤɟɦɜɪɢɝɜɌɴɪɝɨɜɫɤɢɹɪɟɝɢɫɬɴɪɩɪɨɞɚɠɛɚɧɚɞɪɭɠɟɫɬɜɨɬɨɧɚɧɟɫɜɴɪɡɚɧɨɥɢɰɟ

ɄɴɦɞɟɤɟɦɜɪɢɝȺɞɜɚɧɫɌɟɪɚɮɨɧɞȺȾɋɂɐɟɧɚɩɪɚɜɢɥɨɩɪɟɰɟɧɤɚɱɟɧɟɟɫɜɴɪɡɚɧɨɥɢɰɟɫɊɟɦɭɫɫȿɈɈȾ

ɄɴɦɞɟɤɟɦɜɪɢɝȺɝɪɨɌɟɪɚɋɟɜɟɪȺȾɢɊɟɦɭɫɫȿɈɈȾɫɚɛɢɥɢɫɜɴɪɡɚɧɢɥɢɰɚɧɚȾɪɭɠɟɫɬɜɨɬɨ

ɉɪɟɡɝɢɝȾɪɭɠɟɫɬɜɨɬɨɟɨɫɴɳɟɫɬɜɢɥɨɫɥɟɞɧɢɬɟɬɪɚɧɡɚɤɰɢɢɢɨɬɱɢɬɚɫɥɟɞɧɢɬɟɫɚɥɞɚɫɞɪɭɝɢɫɜɴɪɡɚɧɢ

ɥɢɰɚ



ɝ

ɇɚɟɦɢ

ȼɡɟɦɚɧɟɜ

ɧɚɱɚɥɨɬɨɧɚ

ɝɨɞɢɧɚɬɚ

ɇɚɱɢɫɥɟɧɢ

ɩɪɟɡ

ɝɨɞɢɧɚɬɚ

ɉɨɥɭɱɟɧɢ

ɩɪɟɡ

ɝɨɞɢɧɚɬɚ 

ȼɡɟɦɚɧɟɜ

ɤɪɚɹɧɚ

ɝɨɞɢɧɚɬɚ



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɢɥ. ɥɜ.



ȺɝɪɨɌɟɪɚɋɟɜɟɪȺȾ



     



ɹɧɭɚɪɢɝ±ɞɟɤɟɦɜɪɢɝ



ɇɚɟɦɢ

ȼɡɟɦɚɧɟɜ

ɧɚɱɚɥɨɬɨɧɚ

ɩɟɪɢɨɞɚ

ɇɚɱɢɫɥɟɧɢ

ɩɪɟɡ

ɩɟɪɢɨɞɚ

ɉɨɥɭɱɟɧɢ

ɩɪɟɡ

ɩɟɪɢɨɞɚ 



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.



ɊɟɦɭɫɫȿɈɈȾ



    



ɝ

ɇɚɟɦɢ

ȼɡɟɦɚɧɟɜ

ɧɚɱɚɥɨɬɨɧɚ

ɝɨɞɢɧɚɬɚ

ɇɚɱɢɫɥɟɧɢ

ɩɪɟɡ

ɝɨɞɢɧɚɬɚ

ɉɨɥɭɱɟɧɢ

ɩɪɟɡ

ɝɨɞɢɧɚɬɚ 

ȼɡɟɦɚɧɟɜ

ɤɪɚɹɧɚ

ɝɨɞɢɧɚɬɚ



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɢɥ. ɥɜ.



ȺɝɪɨɌɟɪɚɋɟɜɟɪȺȾ



     

ɊɟɦɭɫɫɈɈȾ



     



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɇɟɬɧɚɩɟɱɚɥɛɚɧɚɚɤɰɢɹ



   



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɉɟɱɚɥɛɚɡɚɝɨɞɢɧɚɬɚɯɢɥɥɜ   

ɋɪɟɞɧɨɩɪɟɬɟɝɥɟɧɛɪɨɣɚɤɰɢɢɧɚɛɚɡɚɞɧɢ   

ɇɟɬɧɚɩɟɱɚɥɛɚɧɚɟɞɧɚɚɤɰɢɹɥɟɜɚ   



ɋɪɟɞɧɨɩɪɟɬɟɝɥɟɧɢɹɬɛɪɨɣɚɤɰɢɢɟɢɡɱɢɫɥɟɧɤɚɬɨɫɭɦɚɨɬɛɪɨɹɧɚɨɛɢɤɧɨɜɟɧɢɬɟɚɤɰɢɢɜɨɛɪɴɳɟɧɢɟɜɧɚɱɚɥɨɬɨɧɚ

ɩɟɪɢɨɞɚ ɢ ɛɪɨɹ ɧɚ ɨɛɢɤɧɨɜɟɧɢɬɟ ɚɤɰɢɢ ɜ ɨɛɪɴɳɟɧɢɟ ɟɦɢɬɢɪɚɧɢ ɩɪɟɡ ɩɟɪɢɨɞɚ ɤɚɬɨ ɜɫɟɤɢ ɛɪɨɣ ɚɤɰɢɢ

ɩɪɟɞɜɚɪɢɬɟɥɧɨɫɟɭɦɧɨɠɢɫɴɫɫɪɟɞɧɨɜɪɟɦɟɜɢɹɮɚɤɬɨɪ



ɐɟɥɢɢɩɨɥɢɬɢɤɚɡɚɭɩɪɚɜɥɟɧɢɟɧɚɮɢɧɚɧɫɨɜɢɹɪɢɫɤɢɤɚɩɢɬɚɥɚ

ȾɟɣɧɨɫɬɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨɟɢɡɥɨɠɟɧɚɧɚɪɚɡɥɢɱɧɢɮɢɧɚɧɫɨɜɢɪɢɫɤɨɜɟɤɪɟɞɢɬɟɧɪɢɫɤɥɢɯɜɟɧɪɢɫɤɥɢɤɜɢɞɟɧɪɢɫɤ

ɢɩɚɡɚɪɟɧɪɢɫɤɜɤɥɸɱɢɬɟɥɧɨɜɚɥɭɬɟɧɢɰɟɧɨɜɢɪɢɫɤ

Ʉɪɟɞɢɬɟɧ ɪɢɫɤ

Ⱦɪɭɠɟɫɬɜɨɬɨ ɩɪɢɥɚɝɚ ɤɪɟɞɢɬɧɢ ɩɨɥɢɬɢɤɢ ɫ ɰɟɥ ɩɪɢɜɥɢɱɚɧɟ ɧɚ ɤɥɢɟɧɬɢ ɫ ɩɨɞɯɨɞɹɳɚ ɤɪɟɞɢɬɧɚ ɪɟɩɭɬɚɰɢɹ ɡɚ

ɭɩɪɚɜɥɟɧɢɟɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɤɪɟɞɢɬɧɚɢɫɬɨɪɢɹɢɮɢɧɚɧɫɨɜɢɜɴɡɦɨɠɧɨɫɬɢȾɪɭɠɟɫɬɜɨɬɨɧɟɟɢɡɥɨɠɟɧɨɧɚ

ɡɧɚɱɢɬɟɥɟɧɤɪɟɞɢɬɟɧɪɢɫɤ



ɆɚɤɫɢɦɚɥɧɚɬɚɟɤɫɩɨɡɢɰɢɹɧɚȾɪɭɠɟɫɬɜɨɬɨɧɚɤɪɟɞɢɬɟɧɪɢɫɤɩɨɤɥɚɫɨɜɟɮɢɧɚɧɫɨɜɢɚɤɬɢɜɢɟɤɚɤɬɨɫɥɟɞɜɚ



   



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɌɴɪɝɨɜɫɤɢɜɡɟɦɚɧɢɹɧɟɬɧɨɨɬɨɛɟɡɰɟɧɤɢȻɟɥɟɠɤɚ   

ȼɡɟɦɚɧɢɹɨɬɩɪɨɞɚɠɛɢɧɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟȻɟɥɟɠɤɚ   

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɜȻɚɧɤɚȾɋɄɧɚɪɚɡɩɨɥɨɠɟɧɢɟ

ɡɚɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬɢɡɚɝɢɝ   

ɋɴɞɟɛɧɢɢɩɪɢɫɴɞɟɧɢɜɡɟɦɚɧɢɹȻɟɥɟɠɤɚ   

ȼɡɟɦɚɧɢɹɨɬɥɢɯɜɢɩɨɞɟɩɨɡɢɬɢɜɥɟɜɚȻɟɥɟɠɤɚ   

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɢɤɪɚɬɤɨɫɪɨɱɧɢɞɟɩɨɡɢɬɢȻɟɥɟɠɤɚ   

   



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɐɟɥɢɢɩɨɥɢɬɢɤɚɡɚɭɩɪɚɜɥɟɧɢɟɧɚɮɢɧɚɧɫɨɜɢɹɪɢɫɤɢɤɚɩɢɬɚɥɚɩɪɨɞɴɥɠɟɧɢɟ

Ʉɪɟɞɢɬɟɧ ɪɢɫɤ (ɩɪɨɞɴɥɠɟɧɢɟ)

Ⱥɧɚɥɢɡɴɬɧɚɤɪɟɞɢɬɧɨɬɨɤɚɱɟɫɬɜɨɧɚɮɢɧɚɧɫɨɜɢɬɟɚɤɬɢɜɢɟɤɚɤɬɨɫɥɟɞɜɚ



   



ɢɥ. ɥɜ. 

ɢɥ. ɥɜ.

Ɍɴɪɝɨɜɫɤɢɜɡɟɦɚɧɢɹɛɪɭɬɧɨ 

ȼɡɟɦɚɧɢɹɨɬɤɥɢɟɧɬɢɩɨɞɨɝɨɜɨɪɢɡɚɪɚɡɫɪɨɱɟɧɨɩɥɚɳɚɧɟ   

ȼɡɟɦɚɧɢɹɨɬɧɚɟɦɢ   

Ɉɛɳɨɧɢɬɨɩɪɨɫɪɨɱɟɧɢɧɢɬɨɨɛɟɡɰɟɧɟɧɢ   

 

ɉɪɨɫɪɨɱɟɧɢɧɨɧɟɨɛɟɡɰɟɧɟɧɢɜɡɟɦɚɧɢɹ 

ɩɪɨɫɪɨɱɟɧɢɞɨɞɧɢ   

ɩɪɨɫɪɨɱɟɧɢɦɟɠɞ



ɞɧɢ   

ɩɪɨɫɪɨɱɟɧɢɦɟɠɞ



ɞɧɢ   

ɩɪɨɫɪɨɱɟɧɢɦɟɠɞ



ɞɧɢ   

Ɉɛɳɨɩɪɨɫɪɨɱɟɧɢɧɨɧɟɨɛɟɡɰɟɧɟɧɢɜɡɟɦɚɧɢɹ   

 

ɂɧɞɢɜɢɞɭɚɥɧɨɨɛɟɡɰɟɧɟɧɢɜɡɟɦɚɧɢɹɛɪɭɬɨ 

ɩɪɨɫɪɨɱɟɧɢɧɚɞɝɨɞɢɧɚ   

ɩɪɨɫɪɨɱɟɧɢɦɟɠɞ

ɢɝɨɞɢɧɢ   

Ɉɛɳɨɢɧɞɢɜɢɞɭɚɥɧɨɨɛɟɡɰɟɧɟɧɢɜɡɟɦɚɧɢɹ   

 

ɢɧ

ɫ ɩɪɨɜɢɡɢɹ ɡɚ ɨɛɟɡɰɟɧɤɚ ɧɚ ɜɡɟɦɚɧɢɹ (303) (669)

Ɉɛɳɨɜɡɟɦɚɧɢɹɫɥɟɞɡɚɝɭɛɚɨɬɨɛɟɡɰɟɧɤɚ   

 

ɉɪɢɨɩɪɟɞɟɥɹɧɟɬɨɧɚɪɚɡɦɟɪɚɧɚɩɪɨɜɢɡɢɹɬɚɡɚɨɛɟɡɰɟɧɤɚɧɚɜɡɟɦɚɧɢɹɬɚȾɪɭɠɟɫɬɜɨɬɨɟɩɪɟɰɟɧɢɥɨɱɟɩɪɨɜɢɡɢɹɬɚ

ɡɚ ɨɱɚɤɜɚɧɢ ɤɪɟɞɢɬɧɢ ɡɚɝɭɛɢ ɧɚ ɜɡɟɦɚɧɢɹ ɩɪɨɫɪɨɱɟɧɢ ɩɨɦɚɥɤɨ ɨɬ  ɞɧɢ ɟ ɧɟɫɴɳɟɫɬɜɟɧɚ ɢ ɫɴɨɬɜɟɬɧɨ ɧɟ ɟ

ɩɪɢɡɧɚɥɨɬɚɤɚɜɚ

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ɉɚɪɢɱɧɢɬɟɫɪɟɞɫɬɜɚɢɤɪɚɬɤɨɫɪɨɱɧɢɞɟɩɨɡɢɬɢɤɨɢɬɨɫɚɧɢɬɨɩɪɨɫɪɨɱɟɧɢɧɢɬɨɨɛɟɡɩɟɱɟɧɢɫɚɤɚɤɬɨɫɥɟɞɜɚ

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Ɋɟɣɬɢɧɝ   

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ɢɥ. ɥɜ. 

ɢɥ. ɥɜ.

$   

%%%   

%%%   

   

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*Ɋɟɣɬɢɧɝɴɬ ɟ ɢɡɝɨɬɜɟɧ ɨɬ Ȼɴɥɝɚɪɫɤɚ ɚɝɟɧɰɢɹ ɡɚ ɤɪɟɞɢɬɟɧ ɪɟɣɬɢɧɝ /ȻȺɄɊ/

** Ɋɟɣɬɢɧɝɴɬ ɟ ɩɨɬɜɴɪɞɟɧ ɨɬ Fitch Ratings

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

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

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ɐɟɥɢɢɩɨɥɢɬɢɤɚɡɚɭɩɪɚɜɥɟɧɢɟɧɚɮɢɧɚɧɫɨɜɢɹɪɢɫɤɢɤɚɩɢɬɚɥɚɩɪɨɞɴɥɠɟɧɢɟ



Ʌɢɤɜɢɞɟɧ ɪɢɫɤ

Ⱦɪɭɠɟɫɬɜɨɬɨɫɥɟɞɢɩɚɪɢɱɧɢɬɟɫɢɩɨɬɨɰɢɦɚɬɭɪɢɬɟɬɚɧɚɞɴɥɝɨɜɢɬɟɫɢɡɚɞɴɥɠɟɧɢɹɢɥɢɤɜɢɞɧɨɫɬɬɚɫɢɡɚɞɚɨɰɟɧɢ

ɢɡɥɨɠɟɧɨɫɬɬɚ ɫɢ ɧɚ ɥɢɤɜɢɞɟɧ ɪɢɫɤ Ⱦɪɭɠɟɫɬɜɨɬɨ ɩɨɞɞɴɪɠɚ ɞɨɫɬɚɬɴɱɧɨ ɩɚɪɢɱɧɢ ɫɪɟɞɫɬɜɚ ɜ ɧɚɥɢɱɧɨɫɬ ɡɚ ɞɚ

ɮɢɧɚɧɫɢɪɚ ɞɟɣɧɨɫɬɬɚ ɫɢ ɢ ɞɚ ɫɦɟɤɱɢ ɤɨɥɟɛɚɧɢɹɬɚ ɜ ɩɚɪɢɱɧɢɬɟ ɩɨɬɨɰɢ Ⱦɪɭɠɟɫɬɜɨɬɨ ɨɫɢɝɭɪɹɜɚ ɧɟɨɛɯɨɞɢɦɢɬɟ

ɫɪɟɞɫɬɜɚ ɡɚ ɞɟɣɧɨɫɬɬɚ ɫɢ ɱɪɟɡ ɩɭɛɥɢɱɧɨ ɩɪɟɞɥɚɝɚɧɟ ɧɚ ɚɤɰɢɢ ɢ ɱɪɟɡ ɦɧɨɠɟɫɬɜɨ ɤɪɟɞɢɬɧɢ ɜɴɡɦɨɠɧɨɫɬɢ ɨɬ

ɮɢɧɚɧɫɨɜɢɢɧɫɬɢɬɭɰɢɢɨɛɟɡɩɟɱɚɜɚɣɤɢɡɚɟɦɢɬɟɱɪɟɡɫɨɛɫɬɜɟɧɢɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ

ɇɚɞɟɤɟɦɜɪɢɩɚɞɟɠɧɚɬɚɫɬɪɭɤɬɭɪɚɧɚɮɢɧɚɧɫɨɜɢɬɟɚɤɬɢɜɢɢɩɚɫɢɜɢɧɚȾɪɭɠɟɫɬɜɨɬɨɧɚɛɚɡɚɧɚɞɨɝɨɜɨɪɟɧɢɬɟ

ɧɟɞɢɫɤɨɧɬɢɪɚɧɢɩɚɪɢɱɧɢɩɨɬɨɰɢɟɩɪɟɞɫɬɚɜɟɧɚɩɨɞɨɥɭ



ɉɚɪɢɱɧɢɬɟɫɪɟɞɫɬɜɚɢɤɪɚɬɤɨɫɬɪɨɱɧɢɞɟɩɨɡɢɬɢɫɚɞɨɫɬɴɩɧɢɩɪɢɩɨɢɫɤɜɚɧɟ



ɇɚɞɟɤɟɦɜɪɢɝ 

Ɏɢɧɚɧɫɨɜɢ ɚɤɬɢɜɢ

ɉɨɞ

ɦɟɫɟɰ



ɦɟɫɟɰɚ

ɦɟɫ

ɝɨɞɢɧɚ



Ɉɬɞɨ

ɝɨɞɢɧɢ Ɉɛɳɨ

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ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɢɤɪɚɬɤɨɫɪɨɱɧɢɞɟɩɨɡɢɬɢ      

ȼɡɟɦɚɧɢɹɨɬɪɚɡɫɪɨɱɟɧɢɩɪɨɞɚɠɛɢɛɪ

ɬɧɨ     

Ɍɴɪɝɨɜɫɤɢɜɡɟɦɚɧɢɹɧɟɬɧɨɨɬɨɛɟɡɰɟɧɤɚ     

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɜȻɚɧɤɚȾɋɄɧɚɪɚɡɩɨɥɨɠɟɧɢɟ

ɡɚɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬɢɡɚɝ     

ɋɴɞɟɛɧɢɢɩɪɢɫɴɞɟɧɢɜɡɟɦɚɧɢɹ     

ȼɡɟɦɚɧɢɹɨɬɥɢɯɜɢɩɨɞɟɩɨɡɢɬɢɜɥɟɜɚ     

     

Ɏɢɧɚɧɫɨɜɢ ɩɚɫɢɜɢ

ɉɨɞ

ɦɟɫɟɰ



ɦɟɫɟɰɚ

ɦɟɫ

ɝɨɞɢɧɚ



Ɉɬɞɨ

ɝɨɞɢɧɢ Ɉɛɳɨ



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

Ɂɚɞɴɥɠɟɧɢɹɤɴɦɫɜɴɪɡɚɧɢɩɪɟɞɩɪɢɹɬɢɹ     

Ɂɚɞɴɥɠɟɧɢɹɤɴɦɞɨɫɬɚɜɱɢɰɢɢɛɪɨɤɟɪɢ     

Ɂɚɞɴɥɠɟɧɢɟɡɚɞɢɜɢɞɟɧɬ     

     

ɇɚɞɟɤɟɦɜɪɢɝ 

Ɏɢɧɚɧɫɨɜɢ ɚɤɬɢɜɢ

ɉɨɞ

ɦɟɫɟɰ



ɦɟɫɟɰɚ

ɦɟɫ

ɝɨɞɢɧɚ



Ɉɬɞɨ

ɝɨɞɢɧɢ Ɉɛɳɨ



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɢɤɪɚɬɤɨɫɪɨɱɧɢɞɟɩɨɡɢɬɢ     

ȼɡɟɦɚɧɢɹɨɬɪɚɡɫɪɨɱɟɧɢɩɪɨɞɚɠɛɢɛɪ

ɬɧɨ     

Ɍɴɪɝɨɜɫɤɢɜɡɟɦɚɧɢɹɧɟɬɧɨɨɬɨɛɟɡɰɟɧɤɚ     

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɜȻɚɧɤɚȾɋɄɧɚɪɚɡɩɨɥɨɠɟɧɢɟ

ɡɚɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬɢɡɚɝ     

ɋɴɞɟɛɧɢɢɩɪɢɫɴɞɟɧɢɜɡɟɦɚɧɢɹ     

     

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ





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ɐɟɥɢɢɩɨɥɢɬɢɤɚɡɚɭɩɪɚɜɥɟɧɢɟɧɚɮɢɧɚɧɫɨɜɢɹɪɢɫɤɢɤɚɩɢɬɚɥɚɩɪɨɞɴɥɠɟɧɢɟ



Ʌɢɤɜɢɞɟɧ ɪɢɫɤ (ɩɪɨɞɴɥɠɟɧɢɟ)

ɇɚɞɟɤɟɦɜɪɢɝ

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Ʌɢɯɜɟɧ ɪɢɫɤ

ɋɬɨɣɧɨɫɬɬɚɧɚɚɤɬɢɜɢɬɟɧɚȾɪɭɠɟɫɬɜɨɬɨɡɚɜɢɫɢɨɬɞɢɧɚɦɢɤɚɬɚɧɚɩɚɡɚɪɧɢɬɟɥɢɯɜɟɧɢɩɪɨɰɟɧɬɢȾɪɭɠɟɫɬɜɨɬɨɟ

ɢɡɥɨɠɟɧɨɧɚɪɢɫɤɨɬɤɨɥɟɛɚɧɢɟɜɥɢɯɜɟɧɢɬɟɩɪɨɰɟɧɬɢɬɴɣɤɚɬɨɞɨɯɨɞɧɨɫɬɬɚɧɚɥɢɯɜɨɧɨɫɧɢɬɟɚɤɬɢɜɢɫɟɩɪɨɦɟɧɹɜ

ɪɟɡɭɥɬɚɬɨɬɩɪɨɦɟɧɢɬɟɜɩɚɡɚɪɧɢɬɟɥɢɯɜɟɧɢɩɪɨɰɟɧɬɢɉɨɨɬɧɨɲɟɧɢɟɧɚɩɥɚɜɚɳɢɬɟɥɢɯɜɟɧɢɩɪɨɰɟɧɬɢȾɪɭɠɟɫɬɜɨɬɨ

ɟɢɡɥɨɠɟɧɨɧɚɪɢɫɤɜɡɚɜɢɫɢɦɨɫɬɨɬɥɢɯɜɟɧɢɹɢɧɞɟɤɫɤɴɦɤɨɣɬɨɟɩɪɢɜɴɪɡɚɧɫɴɨɬɜɟɬɧɢɹɮɢɧɚɧɫɨɜɢɧɫɬɪɭɦɟɧɬ

ɄɴɦɞɟɤɟɦɜɪɢɝȾɪɭɠɟɫɬɜɨɬɨɧɹɦɚɫɴɳɟɫɬɜɟɧɢɮɢɧɚɧɫɨɜɢɚɤɬɢɜɢɢɩɚɫɢɜɢɫɩɥɚɜɚɳɢɥɢɯɜɟɧɢɩɪɨɰɟɧɬɢ

ɢɫɴɨɬɜɟɬɧɨɧɟɟɢɡɥɨɠɟɧɨɧɚɫɴɳɟɫɬɜɟɧɥɢɯɜɟɧɪɢɫɤ

ȼɚɥɭɬɟɧ ɪɢɫɤ

Ⱦɪɭɠɟɫɬɜɨɬɨɟɢɡɥɨɠɟɧɨɧɚɜɚɥɭɬɟɧɪɢɫɤɩɪɢɢɡɜɴɪɲɜɚɧɟɧɚɬɪɚɧɡɚɤɰɢɢɫɮɢɧɚɧɫɨɜɢɢɧɫɬɪɭɦɟɧɬɢɞɟɧɨɦɢɧɢɪɚɧɢ

ɜɱɭɠɞɚɜɚɥɭɬɚɌɪɚɧɡɚɤɰɢɢɬɟɞɟɧɨɦɢɧɢɪɚɧɢɜɱɭɠɞɚɜɚɥɭɬɚɩɨɪɚɠɞɚɬɩɪɢɯɨɞɢɢɪɚɡɯɨɞɢɨɬɪɚɡɥɢɤɢɜɴɜɜɚɥɭɬɧɢ

ɤɭɪɫɨɜɟɄɴɦɞɟɤɟɦɜɪɢɝɢɝɮɢɧɚɧɫɨɜɢɬɟɚɤɬɢɜɢɢɢɧɜɟɫɬɢɰɢɢɫɚɞɟɧɨɦɢɧɢɪɚɧɢɜɥɟɜɚɢɟɜɪɨɤɚɬɨ

ɜɭɫɥɨɜɢɹɬɚɧɚɭɫɬɚɧɨɜɟɧɢɹɜɚɥɭɬɟɧɛɨɪɞɜɫɬɪɚɧɚɬɚɤɭɪɫɴɬɧɚɥɟɜɚɤɴɦɟɜɪɨɬɨɟɮɢɤɫɢɪɚɧɢɧɟɩɨɪɚɠɞɚɜɚɥɭɬɟɧ

ɪɢɫɤɄɴɦɬɚɡɢɞɚɬɚȾɪɭɠɟɫɬɜɨɬɨɧɹɦɚɟɤɫɩɨɡɢɰɢɹɜɴɜɜɚɥɭɬɚɪɚɡɥɢɱɧɚɨɬɥɟɜɢɟɜɪɨ



ɉɚɡɚɪɟɧ ɪɢɫɤ



ɉɚɡɚɪɧɢɹɬɪɢɫɤɟɫɢɫɬɟɦɟɧɪɢɫɤɤɨɣɬɨɜɥɢɹɟɧɚɫɬɨɣɧɨɫɬɬɚɧɚɜɫɢɱɤɢɚɤɬɢɜɢɌɨɣɜɴɡɧɢɤɜɚɨɬɯɚɪɚɤɬɟɪɢɫɬɢɤɢɬɟ

ɧɚɦɚɤɪɨɢɤɨɧɨɦɢɱɟɫɤɚɬɚɫɪɟɞɚɢɫɬɚɬɭɫɚɧɚɤɚɩɢɬɚɥɨɜɢɹɩɚɡɚɪɜɫɬɪɚɧɚɬɚɉɚɡɚɪɧɢɹɬɪɢɫɤɟɢɡɜɴɧɤɨɧɬɪɨɥɚɧɚ

Ⱦɪɭɠɟɫɬɜɨɬɨɢɤɚɬɨ ɰɹɥɨ ɧɟɦɨɠɟɞɚ ɛɴɞɟɞɢɜɟɪɫɢɮɢɰɢɪɚɧ Ɉɫɧɨɜɟɧɦɟɬɨɞɡɚ ɧɚɦɚɥɹɜɚɧɟɧɚ ɩɚɡɚɪɧɢɹɪɢɫɤ ɢ

ɧɟɝɨɜɢɬɟɤɨɦɩɨɧɟɧɬɢɟɫɴɛɢɪɚɧɟɢɨɛɪɚɛɨɬɜɚɧɟɧɚɢɧɮɨɪɦɚɰɢɹɡɚɦɚɤɪɨɢɤɨɧɨɦɢɱɟɫɤɚɬɚɫɪɟɞɚɢɧɚɬɚɡɢɛɚɡɚ±

ɩɪɨɝɧɨɡɢɪɚɧɟɢɩɪɢɫɩɨɫɨɛɹɜɚɧɟɧɚɢɧɜɟɫɬɢɰɢɨɧɧɚɬɚɩɨɥɢɬɢɤɚɤɴɦɨɱɚɤɜɚɧɢɬɟɩɪɨɦɟɧɢɜɫɪɟɞɚɬɚ

Ⱥɞɜɚɧɫ ɌɟɪɚɮɨɧɞȺȾɋɂɐ ɩɪɨɞɴɥɠɚɜɚ ɞɚ ɫɟ ɩɪɢɞɴɪɠɚ ɤɴɦ ɫɜɨɹɬɚ ɩɨɥɢɬɢɤɚ ɡɚ ɢɧɜɟɫɬɢɪɚɧɟ ɜ ɢɦɨɬɢ ɫ ɜɢɫɨɤɨ

ɤɚɱɟɫɬɜɨɢɨɬɝɨɜɚɪɹɳɢɧɚɩɨɬɪɟɛɧɨɫɬɢɬɟɡɚɪɚɡɜɢɜɚɧɟɧɚɦɨɞɟɪɧɨɡɟɦɟɞɟɥɢɟɢɨɬɞɚɜɚɧɟɩɨɞɧɚɟɦɢɥɢɚɪɟɧɞɚɧɚ

ɩɴɪɜɨɤɥɚɫɧɢɧɚɟɦɚɬɟɥɢɚɪɟɧɞɚɬɨɪɢɩɪɢɛɥɚɝɨɩɪɢɹɬɧɢɡɚȾɪɭɠɟɫɬɜɨɬɨɭɫɥɨɜɢɹ



Ɏɢɧɚɧɫɨɜɢ ɩɚɫɢɜɢ

ɉɨɞ

ɦɟɫɟɰ



ɦɟɫɟɰɚ

ɦɟɫ

ɝɨɞɢɧɚ



Ɉɬɞɨ

ɝɨɞɢɧɢ Ɉɛɳɨ



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

Ɂɚɞɴɥɠɟɧɢɹɤɴɦɫɜɴɪɡɚɧɢɩɪɟɞɩɪɢɹɬɢɹ     

Ɂɚɞɴɥɠɟɧɢɹɤɴɦɞɨɫɬɚɜɱɢɰɢɢɛɪɨɤɟɪɢ     

Ɂɚɞɴɥɠɟɧɢɟɡɚɞɢɜɢɞɟɧɬ     

     

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







ɐɟɥɢɢɩɨɥɢɬɢɤɚɡɚɭɩɪɚɜɥɟɧɢɟɧɚɮɢɧɚɧɫɨɜɢɹɪɢɫɤɢɤɚɩɢɬɚɥɚɩɪɨɞɴɥɠɟɧɢɟ



ɉɚɡɚɪɟɧ ɪɢɫɤ (ɩɪɨɞɴɥɠɟɧɢɟ)



ɋɬɪɭɤɬɭɪɚɧɚɢɧɜɟɫɬɢɰɢɨɧɧɢɹɩɨɪɬɮɟɣɥɛɟɡɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚ



ɞɟɤɟɦɜɪɢ ɝ ɞɟɤɟɦɜɪɢ ɝ

ɋɩɪɚɜɟɞɥɢɜɚ

ɰɟɧɚ

ɯɢɥɥɜ

ɨɬ

ɧɟɬɧɢɬɟ

ɚɤɬɢɜɢ

ɨɰɟɧɟɧɢɩɨ

ɩɚɡɚɪɧɚ

ɰɟɧɚ

ɋɩɪɚɜɟɞɥɢɜɚ

ɰɟɧɚ

ɯɢɥɥɜ 

ɨɬ

ɧɟɬɧɢɬɟ

ɚɤɬɢɜɢ

ɨɰɟɧɟɧɢɩɨ

ɩɚɡɚɪɧɚ

ɰɟɧɚ

 

Ɂɟɦɟɞɟɥɫɤɢɡɟɦɢ     

ɂɦɨɬɢɜ

ɪɛɚɧɢɡɢɪɚɧɢɬɟɪɢɬɨɪɢɢ     

Ɉɛɳɨ     



Ʉɚɩɢɬɚɥɨɜ ɪɢɫɤ

Ⱦɪɭɠɟɫɬɜɨɬɨɭɩɪɚɜɥɹɜɚɫɜɨɹɤɚɩɢɬɚɥɤɚɬɨɢɦɚɡɚɰɟɥɩɨɫɬɢɝɚɧɟɧɚɦɚɤɫɢɦɚɥɧɚɜɴɡɜɪɴɳɚɟɦɨɫɬɡɚɚɤɰɢɨɧɟɪɢɬɟ

ɱɪɟɡ ɨɩɬɢɦɢɡɚɰɢɹ ɧɚ ɤɚɩɢɬɚɥɨɜɚɬɚ ɫɬɪɭɤɬɭɪɚ ɋɬɪɚɬɟɝɢɹɬɚ ɧɚ Ⱦɪɭɠɟɫɬɜɨɬɨ ɨɫɬɚɜɚ ɛɟɡ ɩɪɨɦɹɧɚ ɨɬ  ɝ

Ʉɚɩɢɬɚɥɨɜɚɬɚ ɫɬɪɭɤɬɭɪɚ ɫɟ ɫɴɫɬɨɢ ɨɬ ɩɚɪɢɱɧɢ ɫɪɟɞɫɬɜɚ ɢ ɤɪɚɬɤɨɫɪɨɱɧɢ ɞɟɩɨɡɢɬɢ ɢ ɫɨɛɫɬɜɟɧ ɤɚɩɢɬɚɥ ɜɢɠ

ɫɴɨɬɜɟɬɧɨȻɟɥɟɠɤɚɢȻɟɥɟɠɤɚ



   



ɯɢɥ. ɥɜ.  ɯɢɥ. ɥɜ.

Ɉɛɳɨɡɚɞɴɥɠɟɧɢɹ   

ɇɚɦɚɥɟɧɢɫɩɚɪɢɱɧɢɫɪɟɞɫɬɜɚɢɤɪɚɬɤɨɫɪɨɱɧɢɞɟɩɨɡɢɬɢ   

ɇɟɬɟɧɞɴɥɝ   

 

Ⱦɴɥɝɨɫɪɨɱɧɢɩɚɫɢɜɢ   

ɋɨɛɫɬɜɟɧɤɚɩɢɬɚɥ   

Ʉɨɟɮɢɰɢɟɧɬɧɚɡɚɞɥɴɠɧɹɥɨɫɬɞɴɥɝɨɫɪɨɱɧɢɩɚɫɢɜɢɤɴɦɫɨɛɫɬɜɟɧ

ɤɚɩɢɬɚɥ   



 

ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɰɟɧɹɜɚɧɟɧɚɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ

Ʉɨɥɢɱɟɫɬɜɟɧɢɨɩɨɜɟɫɬɹɜɚɧɢɹɧɚɣɟɪɚɪɯɢɹɬɚɧɚɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɤɴɦɞɟɤɟɦɜɪɢɝ



Ⱦɚɬɚɧɚ

ɨɰɟɧɤɚ

Ȼɚɥɚɧɫɨɜɚ

ɫɬɨɣɧɨɫɬ

Ʉɨɬɢɪɚɧɢ

ɰɟɧɢɧɚ

ɚɤɬɢɜɧɢ

ɩɚɡɚɪɢ

ɇɢɜɨ

Ɂɧɚɱɢɬɟɥɧɢ

ɧɚɛɥɸɞɚɜɚɧɢ

ɜɯɨɞɹɳɢ

ɞɚɧɧɢ

ɇɢɜɨ

Ɂɧɚɱɢɬɟɥɧɢ

ɧɟɧɚɛɥɸɞɚ

ɜɚɧɢɞɚɧɧɢ

ɇɢɜɨ



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

 

Ⱥɤɬɢɜɢ ɨɰɟɧɟɧɢ ɩɨ ɫɩɪɚɜɟɞɥɢɜɚ

ɫɬɨɣɧɨɫɬ 

ɂɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ

Ȼɟɥɟɠɤɚ 

Ɂɟɦɟɞɟɥɫɤɢɡɟɦɢ     

ɂɦɨɬɢɜ

ɪɛɚɧɢɡɢɪɚɧɢɬɟɪɢɬɨɪɢɢ     

 

ɂɧɜɟɫɬɢɰɢɨɧɧɢ ɢɦɨɬɢ ɞɴɪɠɚɧɢ ɡɚ

ɩɪɨɞɚɠɛɚȻɟɥɟɠɤɚ     

 

Ⱥɤɬɢɜɢ ɡɚ ɤɨɢɬɨ ɫɟ ɨɩɨɜɟɫɬɹɜɚ

ɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ

 

ȼɡɟɦɚɧɢɹɩɨɞɨɝɨɜɨɪɢɡɚɪɚɡɫɪɨɱɟɧɨ

ɩɥɚɳɚɧɟȻɟɥɟɠɤɚ     

 







ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɰɟɧɹɜɚɧɟɧɚɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɩɪɨɞɴɥɠɟɧɢɟ



Ʉɨɥɢɱɟɫɬɜɟɧɢɨɩɨɜɟɫɬɹɜɚɧɢɹɧɚɣɟɪɚɪɯɢɹɬɚɧɚɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɤɴɦɞɟɤɟɦɜɪɢɝ



Ⱦɚɬɚɧɚ

ɨɰɟɧɤɚ

Ȼɚɥɚɧɫɨ

ɜɚ

ɫɬɨɣɧɨɫɬ

Ʉɨɬɢɪɚɧɢ

ɰɟɧɢɧɚ

ɚɤɬɢɜɧɢ

ɩɚɡɚɪɢ

ɇɢɜɨ

Ɂɧɚɱɢɬɟɥɧɢ

ɧɚɛɥɸɞɚɜɚɧɢ

ɜɯɨɞɹɳɢ

ɞɚɧɧɢ

ɇɢɜɨ 

Ɂɧɚɱɢɬɟɥɧɢ

ɧɟɧɚɛɥɸɞɚ

ɜɚɧɢɞɚɧɧɢ

ɇɢɜɨ



ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

ɢɥ. ɥɜ.

 

Ⱥɤɬɢɜɢ ɨɰɟɧɟɧɢ ɩɨ ɫɩɪɚɜɟɞɥɢɜɚ

ɫɬɨɣɧɨɫɬ 

ɂɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢ

Ȼɟɥɟɠɤɚ 

Ɂɟɦɟɞɟɥɫɤɢɡɟɦɢ      

ɂɦɨɬɢɜ

ɪɛɚɧɢɡɢɪɚɧɢɬɟɪɢɬɨɪɢɢ      

 

ɂɧɜɟɫɬɢɰɢɨɧɧɢ ɢɦɨɬɢ ɞɴɪɠɚɧɢ ɡɚ

ɩɪɨɞɚɠɛɚȻɟɥɟɠɤɚ      

 

Ⱥɤɬɢɜɢ ɡɚ ɤɨɢɬɨ ɫɟ ɨɩɨɜɟɫɬɹɜɚ

ɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬ

 

ȼɡɟɦɚɧɢɹɩɨɞɨɝɨɜɨɪɢɡɚɪɚɡɫɪɨɱɟɧɨ

ɩɥɚɳɚɧɟȻɟɥɟɠɤɚ      

 

ɉɪɟɡɝɢɝɧɟɟɢɦɚɥɨɬɪɚɧɫɮɟɪɢɦɟɠɞɭɧɢɜɚɬɚɨɬɣɟɪɚɪɯɢɹɬɚɧɚɫɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬ



ɋɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɧɚɮɢɧɚɧɫɨɜɢɬɟɢɧɫɬɪɭɦɟɧɬɢ

ɋɪɚɜɧɟɧɢɟɧɚɨɬɱɟɬɧɢɬɟɢɫɩɪɚɜɟɞɥɢɜɢɬɟɫɬɨɣɧɨɫɬɢɧɚɮɢɧɚɧɫɨɜɢɬɟɢɧɫɬɪɭɦɟɧɬɢɧɚȾɪɭɠɟɫɬɜɨɬɨɟɩɪɟɞɫɬɚɜɟɧɨ

ɤɚɤɬɨɫɥɟɞɜɚ



Ɉɬɱɟɬɧɚ ɫɬɨɣɧɨɫɬ ɋɩɪɚɜɟɞɥɢɜɚ ɫɬɨɣɧɨɫɬ

Ɏɢɧɚɧɫɨɜɢ ɚɤɬɢɜɢ     



ɢɥ.ɥɜ.

Ɍɴɪɝɨɜɫɤɢɜɡɟɦɚɧɢɹ     

ȼɡɟɦɚɧɢɹɩɨɪɚɡɫɪɨɱɟɧɢɩɪɨɞɚɠɛɢ     

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɜȻɚɧɤɚȾɋɄɧɚɪɚɡɩɨɥɨɠɟɧɢɟ

ɡɚɢɡɩɥɚɳɚɧɟɧɚɞɢɜɢɞɟɧɬɢɡɚɝɢɝ     

ɋɴɞɟɛɧɢɢɩɪɢɫɴɞɟɧɢɜɡɟɦɚɧɢɹ     

ȼɡɟɦɚɧɢɹɨɬɥɢɯɜɢɩɨɞɟɩɨɡɢɬɢ     

ɉɚɪɢɱɧɢɫɪɟɞɫɬɜɚɢɤɪɚɬɤɨɫɪɨɱɧɢɞɟɩɨɡɢɬɢ     



ȺȾȼȺɇɋɌȿɊȺɎɈɇȾȺȾɋɂɐ

ɉɈəɋɇɂɌȿɅɇɂȻȿɅȿɀɄɂ

Ɂɚɝɨɞɢɧɚɬɚɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ







Ɉɰɟɧɹɜɚɧɟɧɚɫɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɩɪɨɞɴɥɠɟɧɢɟ



ɋɩɪɚɜɟɞɥɢɜɚɫɬɨɣɧɨɫɬɧɚɮɢɧɚɧɫɨɜɢɬɟɢɧɫɬɪɭɦɟɧɬɢɩɪɨɞɴɥɠɟɧɢɟ



 Ɉɬɱɟɬɧɚ ɫɬɨɣɧɨɫɬ  ɋɩɪɚɜɟɞɥɢɜɚ ɫɬɨɣɧɨɫɬ

Ɏɢɧɚɧɫɨɜɢ ɩɚɫɢɜɢ     

ɢɥ.ɥɜ.

ɢɥ.ɥɜ. 

ɢɥ.ɥɜ.

ɢɥ.ɥɜ.

Ɂɚɞɴɥɠɟɧɢɹɡɚɞɢɜɢɞɟɧɬ     

Ɂɚɞɴɥɠɟɧɢɟɤɴɦɫɜɴɪɡɚɧɢɩɪɟɞɩɪɢɹɬɢɹ     

Ɂɚɞɴɥɠɟɧɢɹɤɴɦɞɨɫɬɚɜɱɢɰɢɢɛɪɨɤɟɪɢ     



ɋɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɧɚɮɢɧɚɧɫɨɜɢɬɟɢɧɫɬɪɭɦɟɧɬɢɧɚȾɪɭɠɟɫɬɜɨɬɨɟɨɩɪɟɞɟɥɟɧɚɤɚɬɨɰɟɧɚɬɚɤɨɹɬɨɛɢɛɢɥɚ

ɩɨɥɭɱɟɧɚɩɪɢɩɪɨɞɚɠɛɚɬɚɧɚɮɢɧɚɧɫɨɜɚɤɬɢɜɢɥɢɩɥɚɬɟɧɚɩɪɢɩɪɟɯɜɴɪɥɹɧɟɬɨɧɚɮɢɧɚɧɫɨɜɩɚɫɢɜɜɧɟɩɪɢɧɭɞɟɧɚ

ɫɞɟɥɤɚ ɦɟɠɞɭ ɩɚɡɚɪɧɢ ɭɱɚɫɬɧɢɰɢ ɤɴɦ ɞɚɬɚɬɚ ɧɚ ɨɰɟɧɤɚɬɚ ɉɪɢ ɨɰɟɧɹɜɚɧɟɬɨ ɧɚ ɫɩɪɚɜɟɞɥɢɜɚɬɚ ɫɬɨɣɧɨɫɬ ɫɚ

ɢɡɩɨɥɡɜɚɧɢɫɥɟɞɧɢɬɟɦɟɬɨɞɢɢɞɨɩɭɫɤɚɧɢɹ

x ɋɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɧɚɞɴɥɝɨɫɪɨɱɧɢɬɟɮɢɧɚɧɫɨɜɢɚɤɬɢɜɢɫɮɢɤɫɢɪɚɧɥɢɯɜɟɧɩɪɨɰɟɧɬɟɨɩɪɟɞɟɥɟɧɚ

ɱɪɟɡɞɢɫɤɨɧɬɢɪɚɧɟ ɧɚɨɱɚɤɜɚɧɢɬɟɛɴɞɟɳɢ ɩɚɪɢɱɧɢɩɨɬɨɰɢ ɩɪɢɢɡɩɨɥɡɜɚɧɟɧɚ ɬɟɤɭɳɢ ɩɚɡɚɪɧɢɥɢɯɜɟɧɢ

ɧɢɜɚ

x ɋɩɪɚɜɟɞɥɢɜɚɬɚɫɬɨɣɧɨɫɬɧɚɩɚɪɢɱɧɢɫɪɟɞɫɬɜɚɢɤɪɚɬɤɨɫɪɨɱɧɢɞɟɩɨɡɢɬɢɬɴɪɝɨɜɫɤɢɜɡɟɦɚɧɢɹɬɴɪɝɨɜɫɤɢ

ɡɚɞɴɥɠɟɧɢɹɢɞɪɭɝɢɬɟɤɭɳɢɮɢɧɚɧɫɨɜɢɚɤɬɢɜɢɢɩɚɫɢɜɢɫɟɞɨɛɥɢɠɚɜɚɞɨɫɴɨɬɜɟɬɧɚɬɚɨɬɱɟɬɧɚɫɬɨɣɧɨɫɬ

ɩɨɪɚɞɢɤɪɚɬɤɨɫɪɨɱɧɢɹɩɚɞɟɠɧɚɬɟɡɢɮɢɧɚɧɫɨɜɢɢɧɫɬɪɭɦɟɧɬɢ



ɋɴɛɢɬɢɹɫɥɟɞɨɬɱɟɬɧɚɬɚɞɚɬɚ

ɉɪɟɡɦɮɟɜɪɭɚɪɢɝȾɪɭɠɟɫɬɜɨɬɨɪɟɚɥɢɡɢɪɚɩɪɨɞɚɠɛɚɬɚɧɚɞɤɚɡɟɦɟɞɟɥɫɤɢɡɟɦɢɤɨɢɬɨɫɚɩɪɟɞɫɬɚɜɟɧɢɤɚɬɨ

ɢɧɜɟɫɬɢɰɢɨɧɧɢɢɦɨɬɢɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚɤɴɦɞɟɤɟɦɜɪɢɝȻɟɥɟɠɤɚ

ɇɚ  ɦɚɪɬ  ɝ Ⱥɞɜɚɧɫ Ɍɟɪɚɮɨɧɞ ȺȾɋɂɐ ɫɤɥɸɱɢ ɨɤɨɧɱɚɬɟɥɧɢɬɟ ɞɨɝɨɜɨɪɢ ɡɚ ɩɪɨɞɚɠɛɚ ɢ ɧɚ ɨɫɬɚɧɚɥɢɬɟ

ɢɧɜɟɫɬɢɰɨɧɧɢɢɦɨɬɢɤɨɢɬɨɫɚɩɪɟɞɫɬɚɜɟɧɢɤɚɬɨɞɴɪɠɚɧɢɡɚɩɪɨɞɚɠɛɚɤɴɦɞɟɤɟɦɜɪɢɝȻɟɥɟɠɤɚɄɴɦ

ɧɚɫɬɨɹɳɢɹɦɨɦɟɧɬɧɨɬɚɪɢɚɥɧɢɬɟɚɤɬɨɜɟɡɚɩɪɨɞɚɠɛɚɧɚɢɦɨɬɢɬɟɫɚɜɩɪɨɰɟɫɧɚɚɞɦɢɧɢɫɬɪɚɬɢɜɧɨɨɛɪɚɛɨɬɜɚɧɟɨɬ

ɫɴɨɬɜɟɬɧɢɬɟɫɥɭɠɛɢɩɨɜɩɢɫɜɚɧɢɹɬɚɈɫɬɚɬɴɤɴɬɨɬɩɪɨɞɚɠɧɚɬɚɰɟɧɚɳɟɛɴɞɟɩɨɥɭɱɟɧɨɬȾɪɭɠɟɫɬɜɨɬɨɜɞɧɟɜɟɧ

ɫɪɨɤɨɬɜɩɢɫɜɚɧɟɧɚɧɨɬɚɪɢɚɥɧɢɬɟɚɤɬɨɜɟɢɜɩɢɫɜɚɧɟɧɚɢɩɨɬɟɤɚɜɩɨɥɡɚɧɚɤɪɟɞɢɬɢɪɚɳɚɬɚɤɭɩɭɜɚɱɚɛɚɧɤɚ

ɇɟɫɚɧɚɫɬɴɩɢɥɢɞɪɭɝɢɫɴɛɢɬɢɹɫɥɟɞɨɬɱɟɬɧɚɬɚɞɚɬɚɞɨɞɚɬɚɬɚɧɚɤɨɹɬɨɮɢɧɚɧɫɨɜɢɹɬɨɬɱɟɬɟɨɞɨɛɪɟɧɡɚɢɡɞɚɜɚɧɟ

ɤɨɢɬɨɞɚɧɚɥɚɝɚɬɞɨɩɴɥɧɢɬɟɥɧɢɤɨɪɟɤɰɢɢɢɢɥɢɨɩɨɜɟɫɬɹɜɚɧɢɹɜɴɜɮɢɧɚɧɫɨɜɢɹɨɬɱɟɬɧɚȾɪɭɠɟɫɬɜɨɬɨɡɚɝɨɞɢɧɚɬɚ

ɩɪɢɤɥɸɱɜɚɳɚɧɚɞɟɤɟɦɜɪɢɝ

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ɩɨɱɥɧɚɥɬɨɬɁɚɤɨɧɚɡɚɩɭɛɥɢɱɧɨɬɨɩɪɟɞɥɚɝɚɧɟɧɚɰɟɧɧɢɤɧɢɠɚ

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Ⱦɨɥɭɩɨɞɩɢɫɚɧɢɬɟ

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ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜ±ɂɡɩɴɥɧɢɬɟɥɟɧɞɢɪɟɤɬɨɪɧɚ³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐ

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ɃɨɚɧɚȽɟɨɪɝɢɟɜɚ±ɋɴɫɬɚɜɢɬɟɥɧɚɝɨɞɢɲɧɢɹɮɢɧɚɧɫɨɜɨɬɱɟɬɧɚ³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐ

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ɜɤɚɱɟɫɬɜɨɬɨɫɢɧɚɨɬɝɨɜɨɪɧɢɥɢɰɚɜɪɚɦɤɢɬɟɧɚ³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐɫɴɫɫɟɞɚɥɢɳɟɢɚɞɪɟɫɧɚɭɩɪɚɜɥɟɧɢɟ

ɝɪ ɋɨɮɢɹ ɭɥ ³Ɂɥɚɬɨɜɪɴɯ´ ɪɟɝɢɫɬɪɢɪɚɧɨ ɜ Ɍɴɪɝɨɜɫɤɢɹ ɪɟɝɢɫɬɴɪ ɧɚ Ⱥɝɟɧɰɢɹɬɚ ɩɨ ɜɩɢɫɜɚɧɢɹɬɚ ɩɨɞ ȿɂɄ

ɞɟɤɥɚɪɢɪɚɦɟɱɟɞɨɤɨɥɤɨɬɨɧɢɟɢɡɜɟɫɬɧɨ

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 Ƚɨɞɢɲɧɢɹɬɮɢɧɚɧɫɨɜɨɬɱɟɬɧɚ³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐɡɚɝɨɞɫɴɫɬɚɜɟɧɫɴɝɥɚɫɧɨɩɪɢɥɨɠɢɦɢɬɟ

Ɇɟɠɞɭɧɚɪɨɞɧɢɫɬɚɧɞɚɪɬɢɡɚɮɢɧɚɧɫɨɜɨɨɬɱɢɬɚɧɟɨɬɪɚɡɹɜɚɜɹɪɧɨɢɱɟɫɬɧɨɢɧɮɨɪɦɚɰɢɹɬɚɡɚɚɤɬɢɜɢɬɟɢ

ɩɚɫɢɜɢɬɟɮɢɧɚɧɫɨɜɨɬɨɫɴɫɬɨɹɧɢɟɢɩɟɱɚɥɛɚɬɚɧɚȾɪɭɠɟɫɬɜɨɬɨ

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 Ƚɨɞɢɲɧɢɹɬɞɨɤɥɚɞɡɚɞɟɣɧɨɫɬɬɚɡɚɝɨɞɫɴɞɴɪɠɚɞɨɫɬɨɜɟɪɟɧɩɪɟɝɥɟɞɧɚɪɚɡɜɢɬɢɟɬɨɢɪɟɡɭɥɬɚɬɢɬɟɨɬ

ɞɟɣɧɨɫɬɬɚɧɚ³ȺɞɜɚɧɫɌɟɪɚɮɨɧɞ´ȺȾɋɂɐɤɚɤɬɨɢɨɩɢɫɚɧɢɟɧɚɨɫɧɨɜɧɢɬɟɪɢɫɤɨɜɟɢɧɟɫɢɝɭɪɧɨɫɬɢɩɪɟɞ

ɤɨɢɬɨɟɢɡɩɪɚɜɟɧɨȾɪɭɠɟɫɬɜɨɬɨ

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Ⱦɟɤɥɚɪɚɬɨɪɢ

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 ɊɚɞɨɫɥɚɜɆɚɧɨɥɨɜ

 ɂɡɩɴɥɧɢɬɟɥɞɢɪɟɤɬɨɪ

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ɃɨɚɧɚȽɟɨɪɝɢɟɜɚ

ɋɴɫɬɚɜɢɬɟɥɧɚɮɢɧɚɧɫɨɜɨɬɱɟɬ

ɦɚɪɬɝ



Yoana

svetanova

Georgieva

Digitally signed by

Yoana Tsvetanova

Georgieva

Date: 2023.03.28

10:22:16 +03'00'

Radoslav

Iliev

Manolov

Digitally signed

by Radoslav Iliev

Manolov

Date: 2023.03.28

10:28:59 +03'00'

Член на Ърнст и Янг Глобал

Ъ рнс т и Янг Одит ООД

седалище и адрес на управление в гр. София

Полиграфия Офис Център ,

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Ърнст и Янг Одит ООД

Полиграфия офис център

бул. Цариградско шосе 47А, етаж 4

София

1124

Централа: +359 2 81 77 100

Факс

: +359 2 81 77 111

ey.com

Доклад на независимия одитор

До акционерите

На „Адванс Терафонд” АДСИЦ

Доклад относно одита на финансовия отчет

Мнение

Ние извършихме одит на приложения финансов отчет на „Адванс Терафонд” АДСИЦ

(„Дружеството“), включващ отчет за финансовото състояние към 31 декември 2022

година, отчет за всеобхватния доход, отчет за промените в собствения капитал и отчет за

паричните потоци за годината, завършваща на тази дата, както и пояснителни бележки

към финансовия отчет, съдържащи и

обобщено оповестяване на съществените

счетоводни политики.

По наше мнение, приложеният финансов отчет дава вярна и честна представа за

финансовото състояние на Дружеството към 31 декември 2022 година и за неговите

финансови резултати от дейността и паричните му потоци за годината, завършваща на

тази дата, в съответствие с Международните стандарти за финансово отчитане (МСФО),

приети

от Европейския съюз (ЕС).

База за изразяване на мнение

Ние извършихме нашия одит в съответствие с Международните одиторски стандарти

(МОС). Нашите отговорности съгласно тези стандарти са описани допълнително в

раздела от нашия доклад „Отговорности на одитора за одита на финансовия отчет“. Ние

сме независими от Дружеството в съответствие с Международния етичен кодекс на

професионалните счетоводители (включително Международни стандарти за

независимост) на Съвета за международни стандарти по етика за счетоводители (Кодекса

на СМСЕС), заедно с етичните изисквания на Закона за независимия финансов одит

(ЗНФО), приложими по отношение на нашия одит на финансовия отчет в България, като

ние изпълнихме и нашите други етични отговорности в съответствие с изискванията на

ЗНФО и

Кодекса на СМСЕС. Ние считаме, че одиторските доказателства, получени от нас,

са достатъчни и уместни, за да осигурят база за нашето мнение.

Ключови одиторски въпроси

Ключови одиторски въпроси са тези въпроси, които съгласно нашата професионална

преценка са били с най-голяма значимост при одита на финансовия отчет за текущия

период. Тези въпроси са разгледани като част от нашия одит на финансовия отчет като

цяло и формирането на нашето мнение относно него, като ние не предоставяме отделно

мнение относно тези въпроси. За всеки въпрос, включен в таблицата по-долу,

описанието на това как този въпрос беше адресиран при проведения от нас одит, е

направено в този контекст.

Ние изпълнихме нашите отговорности, описани в раздела от нашия доклад

„Отговорности на одитора за одита на финансовия отчет“, в т.ч. по отношение на тези

въпроси. Съответно, нашият одит включи

изпълнението на процедури, разработени в

отговор на нашата оценка на рисковете от съществени неправилни отчитания във

финансовия отчет. Резултатите от нашите одиторски процедури, включително

процедурите, изпълнени да адресират въпросите по-долу, осигуряват база за нашето

мнение относно одита на приложения финансов отчет.

Ключов одиторски въпрос

Как този ключов одиторски въпрос беше

адресиран при проведения от нас одит

Оценка на инвестиционни имоти

Оповестяванията на Дружеството по отношение на инвестиционни имоти са включени в

Пояснителна бележка 6.1 и Пояснителна бележка 6.2 към финансовия отчет.

Инвестиционните имоти на Дружеството

(включително инвестиционни имоти

държани за продажба) включват земеделски

и неземеделски земи. Към 31 декември 2022

година те са на обща стойност 313,345

хиляди лева. Балансовата стойност на

инвестиционните имоти се определя на

базата на оценка на справедливата стойност

на отделните имоти от портфейла на

Дружеството към отчетната дата.

Политиката на Дружеството е да ангажира

външен оценител за тази цел.

Справедливата стойност на имотите е

оценена на база на оценителски

техники/методи използващи както

наблюдавани, така и ненаблюдавани

входящи данни, за които е оповестена

информация в Пояснителна бележка 6.1 и

Пояснителна бележка 6.2 към финансовия

отчет. Tехниката за оценяване на

справедливата стойност на

инвестиционните имоти е базирана на

комбинация от метода на пазарните аналози

(сравнителен метод) и метода на

капитализиране на поземлената рента

(основан на възвращаемостта от

инвестицията) както е оповестено в

Пояснителна бележка 6.1 и Пояснителна

бележка 6.2. На оценките по справедлива

стойност е присъща несигурност, свързана с

използването на различни прогнози и

допускания. Поради съществеността на

В тази област, нашите одиторски процедури,

наред с други такива, включиха:

Ние получихме разбиране за процеса по

оценяване на инвестиционни имоти и

прилаганите контроли за преглед и

одобрение от страна на ръководството.

Ние оценихме обективността,

независимостта и компетентността на

външния оценител.

Ние включихме нашите вътрешни

експерти оценители, за да ни подпомогнат

да оценим дали използваните

техники/методи са подходящи съобразно

изискванията на МСФО, както и дали

ключовите предположения (като

референтни продажни и офертни цени и

наемни нива) са разумни и уместни, чрез

преглед на наличните пазарни данни и

исторически данни за извършени

транзакции.

С помощта на нашите експерти оценители,

ние разработихме собствен интервал на

приблизителни стойности на

справедливата стойност на имотите, на

база наблюдавани пазарни данни, с цел да

бъде сравнена и оценена за разумност

точковата приблизителна оценка на

справедливата стойност на различните

инвестиционни имоти на Дружеството.

инвестиционните имоти (представляващи

осемдесет и девет процента от всички

активи на Дружеството) и присъщата

несигурност при оценяването им, ние сме

определили тази област като ключов

одиторски въпрос.

x Ние сравнихме с помощта на нашите

експерти оценители ключови входящи

данни, използвани от външния оценител

като референти офертни цени, наемни

нива и квадратни метри на имотите

съответно до исторически транзакции,

наемни нива по договори в сила, и данни от

имотния регистър.

Ние оценихме адекватността на

оповестяванията на Дружеството,

свързани с оценката на инвестиционните

имоти.

Ключов одиторски въпрос

Как този ключов одиторски въпрос беше

адресиран при проведения от нас одит

Провизия за дължими дивиденти

Оповестяванията на Дружеството по отношение на провизията за дължими дивиденти

са

включени в Пояснителна бележка 11.2 към финансовия отчет.

Признатата от Дружеството провизия за

дължими дивиденти за 2022 година

размер на 18,804

хиляди лева (дивидент на

акция от 0.221 лева),

отразява правното му

задължение към отчетната дата

да

разпредели определен минимален размер

дивиденти.

За да определи размера на провизията,

Дружеството определя печалбата за

разпределение за годината на баз

а на

отчете

ния финансов резултат, коригиран с

ефектите от специфични с

четоводни

транзакции (като например преоценки на

инвестиционни имоти или сделки по

прехвърляне на собствеността върху

имоти). Този процес

включва ръчни

калкулации и е сложен по своята съ

щност,

тъй като изисква

от ръководството на

Дружеството

да бъдат взети предвид

различни правни разпоредби (като

изискванията на

Закона за дружествата със

специална инвестиционна цел и за

дружествата за секюритизация

, както и

изискванията на Търговския закон)

и да

използва голям обем от исторически данни.

Пояснителна Бележка 11.2 към

В тази област, нашите одиторски процедури,

наред с други такива, включиха:

x Ние тествахме

математическата точност

на изчислението на провизията за

дължими дивиденти.

x Ние сравнихме корекциите

на отчетения

финансов резултат (като

печалби и загуби

от последваща оценка на имоти,

признати

в печалбата за текущата година

), за да се

достигне до печалбата за разпределение

за годината, до счетоводните регистри за

текущия и предходни периоди

и когато е

било необходимо, до уместни подкрепящи

транзакцията документи и изчисления.

За извадка от избрани исторически

входящи данни

свързани със

себестойност

та на инвестиционните

имоти

, ние проверихме тяхната точност и

пълнота,

чрез сравнение до съответните

първични счетоводни документи като

нотариални актове, документи за платени

данъци и такси, и счетоводните регистри

на Дружеството.

x Ние оценихме естеството на

направените

корекциите на отчетения финансов

резултат, като анализирахме

финансовия отчет представя повече

информация в това отношение.

Поради факта

, че дивидентът на акция е

ключов финансов показател за

Дружеството и предвид комплексния

характер на изчислението на провизията за

дължими дивиденти, както и нейният

съществен размер (седемдесет и два

процента от общите пасиви), ние сме

определили тази област като ключов

одиторски въпрос.

специфичните законови изисквания (като

изискванията на Закона за дружествата

със специална инвестиционна цел и за

дружествата за секюритизация, както и

изискванията на Търговския закон).

x Ние оценихме

на адекватността на

оповестяванията на Дружеството,

свързани с провизията за дължими

дивиденти.

Друга информация, различна от финансовия отчет и одиторския доклад върху

него

Ръководството носи отговорност за другата информация. Другата информация се състои

от доклад за дейността, декларация за корпоративно управление и доклад за изпълнение

на политиката за възнагражденията, изготвени от ръководството съгласно Глава седма

от Закона за счетоводството, но не включва финансовия отчет и нашия одиторски

доклад, върху него, която получихме преди датата

на нашия одиторски доклад.

Нашето мнение относно финансовия отчет не обхваща другата информация и ние не

изразяваме каквато и да е форма на заключение за сигурност относно нея, освен ако не

е изрично посочено в доклада ни и до степента, до която е посочено.

Във връзка с нашия одит на

финансовия отчет, нашата отговорност се състои в това да

прочетем другата информация и по този начин да преценим дали тази друга информация

е в съществено несъответствие с финансовия отчет или с нашите познания, придобити

по време на одита, или по друг начин изглежда да съдържа съществено неправилно

докладване. В случай че

на базата на работата, която сме извършили, ние достигнем до

заключение, че е налице съществено неправилно докладване в тази друга информация,

от нас се изисква да докладваме този факт.

Нямаме какво да докладваме в това отношение.

Отговорности на ръководството и лицата, натоварени с общо управление за

финансовия отчет

Ръководството носи отговорност за изготвянето и представянето на този финансов отчет,

който дава вярна и честна представа в съответствие с МСФО, приети от ЕС и за такава

система за вътрешен контрол, каквато ръководството определя като необходима за

осигуряване изготвянето на финансови отчети, които не съдържат съществени

неправилни отчитания, независимо дали дължащи се

на измама или грешка.

При изготвяне на финансовия отчет ръководството носи отговорност за оценяване

способността на Дружеството да продължи да функционира като действащо

предприятие, оповестявайки, когато това е приложимо, въпроси, свързани с

предположението за действащо предприятие и използвайки счетоводната база на

основата на предположението за действащо предприятие, освен ако ръководството не

възнамерява да ликвидира Дружеството или да преустанови дейността му, или ако

ръководството на практика няма друга алтернатива, освен да постъпи

по този начин.

Лицата, натоварени с общо управление, носят отговорност за осъществяването на

надзор над процеса по финансово отчитане на Дружеството.

Отговорности на одитора за одита на финансовия отчет

Нашите цели са да получим разумна степен на сигурност относно това дали финансовият

отчет като цяло не съдържа съществени неправилни отчитания, независимо дали

дължащи се на измама или грешка, и да издадем одиторски доклад, който да включва

нашето одиторско мнение. Разумната степен на сигурност е висока степен на сигурност,

но не

е гаранция, че одит, извършен в съответствие с МОС, винаги ще разкрива

съществено неправилно отчитане, когато такова съществува.

Неправилни отчитания могат да възникнат в резултат на измама или грешка и се считат

за съществени, ако би могло разумно да се очаква, че те, самостоятелно или като

съвкупност, биха могли да

окажат влияние върху икономическите решения на

потребителите, вземани въз основа на този финансов отчет.

Като част от одита в съответствие с МОС, ние използваме професионална преценка и

запазваме професионален скептицизъм по време на целия одит. Ние също така:

— идентифицираме и оценяваме рисковете от съществени неправилни отчитания във

финансовия отчет, независимо дали дължащи се на измама или грешка,

разработваме и изпълняваме одиторски процедури в отговор на тези рискове и

получаваме одиторски доказателства, които да са достатъчни и уместни, за да

осигурят база за нашето мнение. Рискът да не бъде разкрито съществено

неправилно

отчитане, което е резултат от измама, е по-висок, отколкото риска от съществено

неправилно отчитане, което е резултат от грешка, тъй като измамата може да включва

тайно споразумяване, фалшифициране, преднамерени пропуски, изявления за

въвеждане на одитора в заблуждение, както и пренебрегване или заобикаляне на

вътрешния контрол.

— получаваме разбиране за вътрешния контрол, имащ отношение към одита, за да

разработим одиторски процедури, които да са подходящи при конкретните

обстоятелства, но не с цел изразяване на мнение относно ефективността на

вътрешния контрол на Дружеството.

— оценяваме уместността на използваните счетоводни политики и разумността на

счетоводните приблизителни оценки и свързаните с тях оповестявания, направени от

ръководството.

— достигаме до заключение относно уместността на използване от страна на

ръководството на счетоводната база на основата на предположението за действащо

предприятие и, на базата на получените одиторски доказателства, относно това дали

е налице съществена несигурност, отнасяща се до събития или условия, които биха

могли да породят значителни съмнения относно способността на Дружеството да

продължи да функционира като действащо предприятие. Ако ние достигнем до

заключение, че е налице съществена

несигурност, от нас се изисква да привлечем

внимание в одиторския си доклад към свързаните с тази несигурност оповестявания

във финансовия отчет или в случай че тези оповестявания са неадекватни, да

модифицираме мнението си. Нашите заключения се основават на одиторските

доказателства, получени до датата на одиторския ни доклад. Бъдещи събития или

условия

обаче могат да станат причина Дружеството да преустанови

функционирането си като действащо предприятие.

— оценяваме цялостното представяне, структура и съдържание на финансовия отчет,

включително оповестяванията, и дали финансовият отчет представя

основополагащите за него сделки и събития по начин, който постига вярно и честно

представяне.

Ние комуникираме с лицата, натоварени с общо управление, наред с останалите

въпроси, планирания обхват и време на изпълнение на одита и

съществените

констатации от одита, включително съществени недостатъци във вътрешния контрол,

които идентифицираме по време на извършвания от нас одит.

Ние предоставяме също така на лицата, натоварени с общо управление, изявление, че

сме изпълнили приложимите етични изисквания във връзка с независимостта и че ще

комуникираме с тях всички взаимоотношения и други

въпроси, които биха могли разумно

да бъдат разглеждани като имащи отношение към независимостта ни, а когато е

приложимо, и предприетите действия за елиминиране на заплахите или приложените

предпазни мерки.

Сред въпросите, комуникирани с лицата, натоварени с общо управление, ние

определяме тези въпроси, които са били с най-голяма значимост при одита

на

финансовия отчет за текущия период и които следователно са ключови одиторски

въпроси. Ние описваме тези въпроси в нашия одиторски доклад, освен в случаите, в

които закон или нормативна уредба възпрепятства публичното оповестяване на

информация за този въпрос или когато, в изключително редки случаи, ние решим, че

даден въпрос не

следва да бъде комуникиран в нашия доклад, тъй като би могло разумно

да се очаква, че неблагоприятните последствия от това действие биха надвишили

ползите от гледна точка на обществения интерес от тази комуникация.

Доклад във връзка с други законови и регулаторни изисквания

Допълнителни въпроси, които поставят за докладване Законът за счетоводството и

Законът за публичното предлагане на ценни книжа

В допълнение на нашите отговорности и докладване съгласно МОС, описани по-горе в

раздела „Друга информация, различна от финансовия отчет и одиторския доклад върху

него”, по отношение на доклада за дейността, декларацията за корпоративно

управление и доклада за изпълнение на политиката за възнагражденията, ние

изпълнихме и процедурите, добавени към изискваните по МОС, съгласно „У казания

относно нови и разширени одиторски доклади и комуникация от страна на одитора" на

професионалната организация на регистрираните одитори в България, Института на

дипломираните експерт-счетоводители (ИДЕС). Тези процедури

касаят проверки за

наличието, както и проверки на формата и съдържанието на тази друга информация с

цел да ни подпомогнат във формиране на становища относно това дали другата

информация включва оповестяванията и докладванията, предвидени в Глава седма от

Закона за счетоводството и в Закона за публичното предлагане на ценни книжа, (чл

100н, ал. 10 от ЗППЦК във връзка с чл. 100н, ал. 8, т. 3 и 4 от ЗППЦК, както и чл. 100н,

ал. 13 от ЗППЦК във връзка с чл. 116в, ал. 1 от ЗППЦК), приложими в България.

Становище във връзка с чл. 37, ал. 6 от Закона за счетоводството

На базата на извършените процедури, нашето становище е

, че:

а) Информацията, включена в доклада за дейността за финансовата година, за която е

изготвен финансовият отчет, съответства на финансовия отчет.

б) Докладът за дейността е изготвен в съответствие с изискванията на Глава седма от

Закона за счетоводството и на чл. 100(н), ал. 7 от Закона за публичното предлагане

на ценни

книжа.

в) В декларацията за корпоративно управление за финансовата година, за която е

изготвен финансовият отчет, е представена изискваната съгласно Глава седма от

Закона за счетоводството и чл. 100 (н), ал. 8 от Закона за публичното предлагане на

ценни книжа информация.

г) Докладът за изпълнение на политиката за възнагражденията за финансовата година,

за

която е изготвен финансовият отчет, е предоставен и отговаря на изискванията,

определени в наредбата по чл. 116в, ал. 1 от Закона за публичното предлагане на

ценни книжа.

Становище във връзка с чл. 100(н), ал. 10 във връзка с чл. 100 н, ал. 8, т. 3 и 4 от Закона

за публичното предлагане на ценни книжа

На

база на извършените процедури и на придобитото познаване и разбиране на

дейността на предприятието и средата, в която то работи, по наше мнение, описанието

на основните характеристики на системите за вътрешен контрол и управление на риска

на предприятието във връзка с процеса на финансово отчитане , което е част от доклада

за

дейността (като елемент от съдържанието на деклара цията за корпоративно

управление) и информацията по чл. 10, параграф 1, букви "в", "г", "е", "з" и "и" от

Директива 2004/25/ЕО на Европейския парламент и на Съвета от 21 април 2004 година

относно предложенията за поглъщане, не съдържат случаи на съществено неправилно

докладване.

Допълнително докладване относно одита на финансовия отчет във връзка с чл.

100(н), ал. 4, т. 3 от Закона за публичното предлагане на ценни книжа

Изявление във връзка с чл. 100(н), ал. 4, т. 3, б. „б“ от Закона за публичното предлагане

на ценни книжа

Информация относно сделките със свързани лица е оповестена в Пояснителна бележка

13 към финансовия отчет. На база на извършените от нас одиторски процедури върху

сделките със свързани лица като част от нашия одит на

финансовия отчет като цяло, не

са ни станали известни факти, обстоятелства или друга информация, на база на които да

направим заключение, че сделките със свързани лица не са оповестени в приложения

финансов отчет за годината, завършваща на 31 декември 2022 година, във всички

съществени аспекти, в съответствие с изискванията на МСС 24 „Оповестяване

на

свързани лица“. Резултатите от нашите одиторски процедури върху сделките със

свързани лица са разгледани от нас в контекста на формирането на нашето мнение

относно финансовия отчет като цяло, а не с цел изразяване на отделно мнение върху

сделките със свързани лица.

Изявление във връзка с чл. 100(н), ал. 4, т. 3,

б. „в” от Закона за публичното предлагане

на ценни книжа

Нашите отговорности за одит на финансовия отчет като цяло, описани в раздела на

нашия доклад „Отговорности на одитора за одита на финансовия отчет“, включват

оценяване дали финансовият отчет представя съществените сделки и събития по начин,

който постига вярно и честно представяне

. На база на извършените от нас одиторски

процедури върху съществените сделки, основополагащи за финансовия отчет за

годината, завършваща на 31 декември 2022 година, не са ни станали известни факти,

обстоятелства или друга информация, на база на които да направим заключение, че са

налице случаи на съществено недостоверно представяне и оповестяване в съответствие

с приложимите изисквания на МСФО, приети от EС. Резултатите от нашите одиторски

процедури върху съществените за финансовия отчет сделки и събития на Дружеството

са разгледани от нас в контекста на формирането на нашето мнение относно

финансовия отчет като цяло, а не с цел изразяване на отделно мнение върху тези

съществени сделки

Докладване за съответствие на електронния формат на финансовия отчет,

включен в годишния финансов отчет за дейността по чл. 100н, ал.4 от ЗППЦК

с изискванията на Регламента за ЕЕЕФ

В допълнение на нашите отговорности и докладване съгласно МОС, описани по-горе в

раздела „Отговорности на одитора за одита на финансовия отчет“, ние изпълнихме

процедурите, съгласно „Указания относно изразяване на одиторско мнение във връзка

с прилагането на единния европейски електронен формат (ЕЕЕФ) за финансовите отчети

на дружества, чиито ценни книжа са

допуснати за търгуване на регулиран пазар в

Европейския съюз (ЕС)" на професионалната организация на регистрираните одитори в

България, Института на дипломираните експерт-счетоводители (ИДЕС)“. Тези процедури

касаят проверка на форма́та и дали четимата от човек част на този електронен формат

съответства на одитирания финансов отчет и изразяване на становище по отношение на

съответствието на електронния

формат на финансовия отчет на „Адванс Терафонд”

АДСИЦ за годината, завършваща на 31 декември 2022 година, приложен в електронния

файл „Advance Terrafund 2022 Reporting package.zip“, с изискванията на Делегиран

Регламент (ЕС) 2019/815 на Комисията от 17 декември 2018 г. за допълнение на

Директива 2004/109/ЕО на Европейския парламент и на Съвета чрез регулаторни

технически стандарти за определянето на единния електронен формат за

отчитане

(„Регламент за ЕЕЕФ“). Въз основа на тези изисквания, електронният формат на

финансовия отчет, включен в годишния отчет за дейността по чл. 100н, ал.4 от ЗППЦК,

трябва да бъде представен в XHTML формат.

Ръководството на Дружеството е отговорно за прилагането на изискванията на

Регламента за ЕЕЕФ при изготвяне на електронния формат

на финансовия отчет в

XHTML.

Нашето становище е само по отношение на електронния формат на финансовия отчет,

приложен в електронния файл „Advance Terrafund 2022 Reporting package.zip“, и не

обхваща другата информация, включена в годишния финансов отчет за дейността по чл.

100н, ал. 4 от ЗППЦК.

На базата на извършените процедури, нашето мнение е, че електронният формат

на

финансовия отчет на Дружеството за годината, завършваща на 31 декември 2022

година, съдържащ се в приложения електронен файл „Advance Terrafund 2022

Reporting package.zip“, е изготвен във всички съществени аспекти в съответствие с

изискванията на Регламента за ЕЕЕФ.

Докладване съгласно чл. 10 от Регламент (ЕС) № 537/2014 във връзка с

изискванията на чл. 59 от Закона за независимия финансов одит

Съгласно изискванията на Закона за независимия финансов одит във връзка с чл. 10 от

Регламент (ЕС) № 537/2014, ние докладваме допълнително и изложената по-долу

информация.

— „Ърнст и Янг Одит” ООД е назначено за задължителен одитор на финансовия отчет за

годината, завършваща на 31 декември 2022 година на „Адванс Терафонд” АДСИЦ

(„Дружеството“) от общото събрание на акционерите, проведено на 17 май 2022

година, за период от една година.

— Одитът на финансовия отчет за годината, завършваща на 31 декември 2022 година

на Дружеството представлява шести пълен непрекъснат ангажимент за

задължителен одит на това предприятие, извършен от нас.

— Потвърждаваме, че изразеното от нас одиторско мнение е в съответствие с

допълнителния доклад, представен на одитния комитет на Дружеството, съгласно

изискванията на чл. 60 от Закона за независимия финансов одит.

— Потвърждаваме, че не сме предоставяли посочените в чл. 64 от Закона за

независимия финансов одит забранени услуги извън одита.

— Потвърждаваме, че при извършването на одита сме запазили своята независимост

спрямо Дружеството.

Одиторско дружество „Ърнст и Янг Одит“ ООД с регистрационен номер 108:

Данаил Гецев

Пълномощник на управителя Николай Гърнев

Данаил Гецев

Регистриран одитор, отговорен за одита

28 март 2023 година

гр. София, България

DANAIL

LYUBENOV GECEV

Digitally signed by

DANAIL LYUBENOV GECEV

Date: 2023.03.28 16:15:37

+03'00'

DANAIL

LYUBENOV

GECEV

Digitally signed by

DANAIL LYUBENOV GECEV

Date: 2023.03.28 16:16:00

+03'00'

Член на Ърнст и Янг Глобал

Ъ рнс т и Янг Одит ООД

седалище и адрес на управление в гр. София

Полиграфия Оф ис Център ,

бул. Цариградско шосе 47А, етаж 4

ЕИК: 130972874, ДДС № BG130972874

BGN IBAN: BG48 UNCR 7000 1520 6686 91

BIC: UNCRBGSF в Уникредит Булбанк АД

Ърнст и Янг Одит ООД

Полиграфия офис център

бул.

Цариградско шосе 47А, етаж 4

София

1124

Централа: +359 2 81 77 100

Факс

: +359 2 81 77 111

ey.com

ДЕКЛАРАЦИЯ по чл. 100н, ал. 4, т. 3 от

Закона за публичното предлагане на ценни книжа

До акционерите

На „Адванс Терафонд” АДСИЦ

Долуподписаният:

1. Данаил Гецев, в качеството ми на Пълномощник на управителя Николай Гърнев

на одиторско дружество „Ърнст и Янг Одит” ООД, с ЕИК 130972874, със седалище

и адрес на управление: Полиграфия офис център, бул. Цариградско шосе 47A, ет.

4, София 1124 и адрес зa кореспонденция: Полиграфия офис център, бул.

Цариградско шосе 47A, ет. 4, София 1124, и в качеството ми на регистриран одитор

(с рег. № . 0750 от регистъра при ИДЕС

по чл. 20 от Закона за независимия

финансов одит), отговорен за одит ангажимента от името на одиторско дружество

„Ърнст и Янг Одит” ООД (с рег. № .108 от регистъра при ИДЕС по чл. 20 от Закона

за независимия финансов одит) при ИДЕС, декларирам, че

„Ърнст и Янг Одит” ООД беше ангажирано да извърши

задължителен финансов одит

на финансовия отчет на „Адванс Терафонд” АДСИЦ за 2022 г., съставен съгласно

Международните стандарти за финансово отчитане, приети от ЕС, общоприето

наименование на счетоводната база, дефинирана в т. 8 на ДР на Закона за

счетоводството под наименование „Международни счетоводни стандарти”. В

резултат на нашия одит ние издадохме одиторски доклад

от 28 март 2023 година.

С настоящото удостоверяваме, че както е докладвано в издадения от нас одиторски

доклад относно годишния финансов отчет на „Адванс Терафонд” АДСИЦ за 2022

година, издаден на 28 март 2023 година:

1. Чл. 100н, ал. 4, т. 3, буква „а” Одиторско мнение: По наше мнение, приложеният

финансов отчет дава вярна и честна представа за

финансовото състояние на

Дружеството към 31 декември 2022 г. и за неговите финансови резултати от

дейността и паричните му потоци за годината, завършваща на тази дата, в

съответствие с Международните стандарти за финансово отчитане (МСФО), приети

от Европейския съюз (ЕС) (стр.1 от одиторския доклад);

2. Чл. 100н, ал. 4, т. 3, буква „б” Информация, отнасяща се до сделките на

„Адванс Терафонд” АДСИЦ със свързани лица. Информация относно сделките със

свързани лица е надлежно оповестена в Пояснителна бележка 13 към финансовия

отчет за 2022 г. На база на извършените от нас одиторски процедури върху сделките

със свързани лица като

част от нашия одит на финансовия отчет като цяло, не са ни

станали известни факти, обстоятелства или друга информация, на база на които да

направим заключение, че сделките със свързани лица не са оповестени в

приложения финансов отчет за годината, завършваща на 31 декември 2022 г., във

всички съществени аспекти, в съответствие

с изискванията на МСС 24 Оповестяване

на свързани лица. Резултатите от нашите одиторски процедури върху сделките със

свързани лица са разгледани от нас в контекста на формирането на нашето мнение

относно финансовия отчет като цяло, а не с цел изразяване на отделно мнение върху

сделките със свързани лица (стр 8 от одиторския доклад

3. Чл. 100н, ал. 4, т. 3, буква „в” Информация, отнасяща се до съществените

сделки. Нашите отговорности за одит на финансовия отчет като цяло, описани в

раздела на нашия доклад „Отговорности на одитора за одита на финансовия отчет“,

включват оценяване дали финансовият отчет представя съществените сделки и

събития по начин, който постига вярно

и честно представяне. На база на

извършените от нас одиторски процедури върху съществените сделки,

основополагащи за финансовия отчет за годината, завършваща на 31 декември

2022 г., не са ни станали известни факти, обстоятелства или друга информация, на

база на които да направим заключение, че са налице случаи на съществено

недостоверно представяне и оповестяване

в съответствие с приложимите

изисквания на МСФО, приети от Европейския съюз. Резултатите от нашите

одиторски процедури върху съществените за финансовия отчет сделки и събития на

Дружеството са разгледани от нас в контекста на формирането на нашето мнение

относно финансовия отчет като цяло, а не с цел изразяване на отделно мнение

върху

тези съществени сделки (стр 8 от одиторския доклад).

Удостоверяванията, направени с настоящата декларация, следва да се разглеждат

единствено и само в контекста на издадения от нас одиторски доклад в резултат на

извършения независим финансов одит на годишния финансов отчет на „Адванс

Терафонд” АДСИЦ за отчетния период, завършващ на 31.12.2022 г., с дата 28 март

2023 година. Настоящата декларация е предназначена единствено за посочения

по-

горе адресат и е изготвена единствено и само в изпълнение на изискванията, които

са поставени с чл. 100н, ал. 4, т. 3 от Закона за публичното предлагане на ценни

книжа (ЗППЦК) и не следва да се приема като заместваща нашите заключения,

съдържащи се в издадения от нас одиторски доклад от 28 март 2023 година

по

отношение на въпросите, обхванати от чл. 100н, т. 3 от ЗППЦК.

Одиторско дружество „Ърнст и Янг Одит“ ООД с регистрационен номер 108:

Данаил Гецев

Пълномощник на управителя Николай Гърнев

Данаил Гецев

Регистриран одитор, отговорен за одита

28 март 2023 година

гр. София, България

DANAIL

LYUBENOV GECEV

Digitally signed by DANAIL

LYUBENOV GECEV

Date: 2023.03.28 16:18:43

+03'00'

DANAIL

LYUBENOV GECEV

Digitally signed by DANAIL

LYUBENOV GECEV

Date: 2023.03.28 16:19:01

+03'00'