ɈȽɅȺȼɅȿɇɂȿ
ɈȽɅȺȼɅȿɇɂȿ
Ɉɛɳɢɟɡɚɦɟɱɚɧɢɹ
ɂɧɫɬɪɭɤɰɢɹɩɨɛɟɡɨɩɚɫɧɨɫɬɢ«««««««««««««««««««««««««««
Ɉɛɳɢɟɡɚɦɟɱɚɧɢɹ««««««««««««««««««««««««««««««««
ɇɚɡɧɚɱɟɧɢɟɪɭɤɨɜɨɞɫɬɜɚ«««««««««««««««««««««««««««««
Ɉɛɡɨɪɩɪɢɜɨɞɚ«
ɂɞɟɧɬɢɮɢɤɚɰɢɹɩɪɢɜɨɞɚ««««««««««««««««««««««««««««
ɉɚɫɩɨɪɬɧɵɟɞɚɧɧɵɟ ȼɵɛɨɪɩɪɢɜɨɞɚ ɋɩɟɰɢɮɢɤɚɰɢɢɩɪɢɜɨɞɚ«««««««««««««««««««««««««««««
ɋɨɝɥɚɲɟɧɢɹɩɨɩɢɬɚɧɢɸɩɟɪɟɦɟɧɧɵɦɬɨɤɨɦ ɍɫɥɨɜɢɹɷɤɫɩɥɭɚɬɚɰɢɢ
ɇɨɦɢɧɚɥɵɜɯɨɞɧɨɝɨɧɚɩɪɹɠɟɧɢɹɢɱɚɫɬɨɬɵ ɇɚɩɪɹɠɟɧɢɟɩɢɬɚɧɢɹɢɩɨɬɪɟɛɥɹɟɦɚɹɦɨɳɧɨɫɬɶɪɟɝɭɥɹɬɨɪɚ ȼɵɯɨɞɪɟɥɟɞɥɹɨɫɧɨɜɧɨɝɨɤɨɧɬɚɤɬɨɪɚ ɇɨɦɢɧɚɥɶɧɨɟɧɚɩɪɹɠɟɧɢɹɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚ Ɋɟɝɭɥɢɪɨɜɚɧɢɟ ɫɢɡɦɟɧɟɧɢɟɦɧɚɝɪɭɡɤɢ Ⱦɢɚɩɚɡɨɧɫɤɨɪɨɫɬɢ
ɗɮɮɟɤɬɢɜɧɨɫɬɶ ɤɩɞ ɩɪɢɜɨɞɚ
ɋɦɟɳɟɧɢɟFRVϕɩɨɬɟɪɹɩɢɬɚɧɢɹɢɜɵɯɨɞɧɨɣɬɨɤ
ɋɩɟɰɢɮɢɤɚɰɢɢɜɯɨɞɨɜɜɵɯɨɞɨɜɩɪɢɜɨɞɚ««««««««««««««««««««
Ʌɨɝɢɱɟɫɤɢɟɜɯɨɞɵ «
Ʌɨɝɢɱɟɫɤɢɟɜɵɯɨɞɵ
Ⱥɧɚɥɨɝɨɜɵɟɜɯɨɞɵ
Ⱥɧɚɥɨɝɨɜɵɟɜɵɯɨɞɵ Ɉɩɢɫɚɧɢɟɩɪɢɜɨɞɚ««««««««««««««««««««««««««««««««
ɋɪɟɞɫɬɜɚɭɩɪɚɜɥɟɧɢɹɂɧɞɢɤɚɰɢɹ««««««««««««««««««««««««
ɂɧɞɢɤɚɬɨɪɵ
ɍɩɪɚɜɥɟɧɢɟ Ʉɥɚɜɢɲɢɩɪɨɝɪɚɦɦɢɪɨɜɚɧɢɹ2,0«««««««««««««««««««
Ʉɥɚɜɢɲɢɭɩɪɚɜɥɟɧɢɹɩɪɢɜɨɞɨɦ«««««««««««««««««««
ɍɫɬɚɧɨɜɤɚɢɩɨɞɤɥɸɱɟɧɢɟɩɪɢɜɨɞɚ
Ɉɛɳɚɹɢɧɮɨɪɦɚɰɢɹ Ɋɟɤɨɦɟɧɞɭɟɦɵɟɩɥɚɜɤɢɟɩɪɟɞɨɯɪɚɧɢɬɟɥɢɞɥɹɰɟɩɢɹɤɨɪɹɞɜɢɝɚɬɟɥɹ
ɢɫɟɬɢɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚ
ɍɫɬɚɧɨɜɤɚɩɪɢɜɨɞɚ ɍɫɬɚɧɨɜɤɚɥɢɧɟɣɧɨɝɨɪɟɚɤɬɨɪɚɢɥɢɬɪɚɧɫɮɨɪɦɚɬɨɪɚ
ɍɫɬɚɧɨɜɤɚɜɯɨɞɧɵɟɪɚɡɴɟɞɢɧɢɬɟɥɢ ɍɫɬɚɧɨɜɤɚɞɜɢɝɚɬɟɥɹ Ɉɛɳɢɟɪɟɤɨɦɟɧɞɚɰɢɢɩɨɩɨɞɤɥɸɱɟɧɢɸ
ɉɨɞɤɥɸɱɟɧɢɟɩɪɢɜɨɞɚ Ɂɚɡɟɦɥɟɧɢɟɩɪɢɜɨɞɚɢɤɨɪɩɭɫɚɞɜɢɝɚɬɟɥɹɢɫɬɚɧɰɢɢɨɩɟɪɚɬɨɪɚɭɩɪɚɜɥɟɧɢɹ
ɉɨɞɤɥɸɱɟɧɢɟɫɢɥɨɜɨɣɫɟɬɢɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚɤɩɪɢɜɨɞɭ ɉɨɞɤɥɸɱɟɧɢɟɞɜɢɝɚɬɟɥɹɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɤɩɪɢɜɨɞɭ Ɂɚɳɢɬɚɞɜɢɝɚɬɟɥɹɨɬɩɟɪɟɝɪɭɡɨɤ
Ƚɥɚɜɧɵɣɤɨɧɬɚɤɬɨɪ ɋɦɫɯɟɦɵɷɥɟɤɬɪɢɱɟɫɤɢɯɫɨɟɞɢɧɟɧɢɣɪɢɫDɢE Ɏɭɧɤɰɢɹɚɜɚɪɢɣɧɨɝɨɨɫɬɚɧɨɜɚ Ɉɫɬɚɧɨɜɤɚɩɪɢɜɨɞɚ
ȾɢɫɤɪɟɬɧɵɟɜɯɨɞɚɈɫɬɚɧɨɜɚȼɵɛɟɝɨɦ
ȾɢɫɤɪɟɬɧɵɣɜɯɨɞɈɋɌȺɇɈȼȺ ɉɨɞɤɥɸɱɟɧɢɟɭɫɬɪɨɣɫɬɜɚɩɨɥɶɡɨɜɚɬɟɥɹɤɩɪɢɜɨɞɭ ɟɫɥɢɢɫɩɨɥɶɡɭɟɬɫɹ ¶H
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ɈȽɅȺȼɅȿɇɂȿ
ɍɫɬɚɧɨɜɤɚɢɧɚɫɬɪɨɣɤɚɩɪɢɜɨɞɚ
ȼɜɟɞɟɧɢɟ ɇɟɨɛɯɨɞɢɦɨɟɬɟɫɬɢɪɭɸɳɟɟɨɛɨɪɭɞɨɜɚɧɢɟ ɉɪɨɜɟɪɤɚɩɪɢɜɵɤɥɸɱɟɧɧɨɦɩɢɬɚɧɢɢ ɉɪɨɜɟɪɤɚɨɬɫɭɬɫɬɜɢɹɫɨɟɞɢɧɟɧɢɹɞɜɢɝɚɬɟɥɹɫɡɟɦɥɟɣ ɍɫɬɚɧɨɜɤɢɩɟɪɟɦɵɱɟɤ ɍɫɬɚɧɨɜɤɚɬɢɩɚɪɟɝɭɥɹɬɨɪɚɉɟɪɟɦɵɱɤɚ- ɍɫɬɚɧɨɜɤɚɪɚɡɪɟɲɟɧɢɹɡɚɩɪɟɬɚɩɪɨɝɪɚɦɦɢɪɨɜɚɧɢɹ 2,0352*5$0 ɉɟɪɟɦɵɱɤɚ- ɍɫɬɚɧɨɜɤɚɪɚɡɪɟɲɟɧɢɹɡɚɩɪɟɬɚɢɫɱɟɡɧɨɜɟɧɢɹɜɨɡɛɭɠɞɟɧɢɹ ),(/'/266'(7(&7 ɉɟɪɟɦɵɱɤɚ- ɍɫɬɚɧɨɜɤɚɪɚɡɪɟɲɟɧɢɹɡɚɩɪɟɬɚɨɛɪɵɜɚɬɚɯɨɝɟɧɟɪɚɬɨɪɚɪɚɡɨɦɤɧɭɬɵɣɹɤɨɪɶ
7$&+2/266'(7(&7 ɉɟɪɟɦɵɱɤɚ- ɉɨɞɤɥɸɱɟɧɢɟɩɟɪɟɦɵɱɤɢɩɢɬɚɧɢɹɜɨɡɛɭɠɞɟɧɢɹ ),(/'6833/< ɉɟɪɟɦɵɱɤɚ- ɍɫɬɚɜɤɚɢɫɬɨɱɧɢɤɚɞɥɹɪɟɠɢɦɚɪɭɱɧɨɝɨɡɚɞɚɧɢɹ 0$18$/5() ɉɟɪɟɦɵɱɤɚ- ɍɫɬɚɜɤɚɞɢɚɩɚɡɨɧɚɧɚɩɪɹɠɟɧɢɹɬɚɯɨɝɟɧɟɪɚɬɨɪɚ 7$&+95$1*( ɉɟɪɟɦɵɱɤɚ-ɢ
Ɇɚɫɲɬɚɛɧɚɩɪɹɠɟɧɢɹɬɚɯɨɝɟɧɟɪɚɬɨɪɚ 7$&+96&$/( ɉɟɪɟɦɵɱɤɚ- Ⱥɧɚɥɨɝɨɜɨɟɚɜɬɨɦɚɬɢɱɟɫɤɨɟɡɚɞɚɧɢɟ $872)(5 ɉɟɪɟɦɵɱɤɢ-ɢ- Ɇɚɫɲɬɚɛɢɪɨɜɚɧɢɟɨɛɪɚɬɧɨɣɫɜɹɡɢɬɨɤɚɹɤɨɪɹ $50,)%5% ɉɟɪɟɦɵɱɤɚ- ɉɪɨɜɟɪɤɚɜɵɛɨɪɚɮɢɥɶɬɪɚ ),/7(56(/(&7 ɉɟɪɟɦɵɱɤɚ- ɉɪɨɜɟɪɤɚɢɧɬɟɪɮɟɣɫɚɩɢɬɚɧɢɹ 32:(5,17(5)$&( ɉɟɪɟɦɵɱɤɚ- ȼɤɥɸɱɟɧɢɟɩɪɢɜɨɞɚ ɇɚɫɬɪɨɣɤɚɤɨɧɬɪɚɫɬɧɨɫɬɢɷɤɪɚɧɚ2,0 Ⱦɨɫɬɭɩɤɝɥɚɜɧɨɦɭɦɟɧɸ Ʉɚɤɜɨɣɬɢɜɦɟɧɸɩɚɪɚɦɟɬɪɵ ɉɪɨɜɟɪɤɚɩɪɚɜɢɥɶɧɨɫɬɢɧɚɩɪɚɜɥɟɧɢɹɜɪɚɳɟɧɢɹɞɜɢɝɚɬɟɥɹ««««««««««««
Ɉɩɪɟɞɟɥɟɧɢɟɩɨɥɹɪɧɨɫɬɢɬɚɯɨɝɟɧɟɪɚɬɨɪɚɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚ ɇɚɫɬɪɨɣɤɢ ɇɚɫɬɪɨɣɤɚɧɭɥɹɧɚɩɪɹɠɟɧɢɹɹɤɨɪɹ ɇɚɫɬɪɨɣɤɚɧɭɥɹɚɧɚɥɨɝɨɜɨɝɨɬɚɯɨɝɟɧɟɪɚɬɨɪɚ ȼɵɛɨɪɹɡɵɤɚɫɨɨɛɳɟɧɢɣ ɉɪɨɝɪɚɦɦɢɪɨɜɚɧɢɟɫɢɫɬɟɦɧɵɯɮɭɧɤɰɢɣ ɉɚɪɨɥɶ 3$66:25' Ʉɚɤɪɚɡɪɟɲɢɬɶɡɚɩɪɟɬɢɬɶɩɪɨɝɪɚɦɦɧɭɸɡɚɳɢɬɭ Ɉɩɟɪɚɰɢɢɫɩɚɦɹɬɶɸ ɋɛɪɨɫɱɚɫɨɜ Ɉɩɪɟɞɟɥɟɧɢɟɟɞɢɧɢɰɩɨɥɶɡɨɜɚɬɟɥɹ Ɉɩɪɟɞɟɥɟɧɢɟɟɞɢɧɢɰɫɤɨɪɨɫɬɢ Ɉɩɪɟɞɟɥɟɧɢɟɟɞɢɧɢɰɧɚɝɪɭɡɤɢ Ʉɚɤɢɡɦɟɧɢɬɶɡɧɚɱɟɧɢɟɩɚɪɚɦɟɬɪɚ
ȼɜɟɞɟɧɢɟ ɗɤɪɚɧɜɜɨɞɚɰɟɥɨɱɢɫɥɟɧɧɨɝɨɡɧɚɱɟɧɢɹ ɗɤɪɚɧɜɜɨɞɚɜɵɛɨɪɚɫɬɚɧɞɚɪɬɧɨɝɨɰɟɥɨɱɢɫɥɟɧɧɨɝɨɡɧɚɱɟɧɢɹ ɋɟɥɟɤɬɨɪɧɵɣɩɟɪɟɤɥɸɱɚɬɟɥɶɢɥɢɗɤɪɚɧɜɜɨɞɚɥɨɝɢɱɟɫɤɢɯɡɧɚɱɟɧɢɣ ȼɵɛɨɪɡɚɞɚɧɢɹɫɩɨɦɨɳɶɸɤɥɚɜɢɚɬɭɪɵ2,0 Ȼɵɫɬɪɵɣɩɭɫɤ
ȼɜɟɞɟɧɢɟ Ɇɟɧɸɜɵɯɨɞɚɢɡɛɵɫɬɪɨɝɨɩɭɫɤɚ ɉɪɨɰɟɞɭɪɚɛɵɫɬɪɨɝɨɩɭɫɤɚ Ⱥɜɬɨɧɚɫɬɪɨɣɤɚɤɨɧɬɭɪɚɫɤɨɪɨɫɬɢɢɜɧɭɬɪɟɧɧɟɝɨɤɨɧɬɭɪɚɬɨɤɚ ɍɫɬɚɧɨɜɤɚɚɜɬɨɧɚɫɬɪɨɣɤɢ ȼɵɩɨɥɧɟɧɢɟɚɜɬɨɧɚɫɬɪɨɣɤɢ Ɂɚɤɥɸɱɢɬɟɥɶɧɵɟɤɨɪɪɟɤɬɢɪɨɜɤɢ ɇɚɫɬɪɨɣɤɢɧɨɦɢɧɚɥɨɜɩɢɬɚɧɢɹɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚ ȼɵɩɨɥɧɟɧɢɟɧɚɫɬɪɨɣɤɢɧɨɦɢɧɚɥɶɧɨɣɱɚɫɬɨɬɵɫɟɬɢɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚ ȼɵɩɨɥɧɟɧɢɟɧɚɫɬɪɨɣɤɢɧɨɦɢɧɚɥɶɧɨɝɨɧɚɩɪɹɠɟɧɢɹɫɟɬɢɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚ ,,
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Ɉɛɳɢɟɡɚɦɟɱɚɧɢɹ Ɉɲɢɛɤɢɜɦɨɧɬɚɠɟ ɉɟɪɟɦɟɧɧɨɟɢɫɢɥɨɜɨɟɜɯɨɞɧɨɟɧɚɩɪɹɠɟɧɢɟ Ⱦɜɢɝɚɬɟɥɶɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚ Ⱦɢɫɬɚɧɰɢɨɧɧɵɣɤɨɧɬɚɤɬɨɪɞɜɢɝɚɬɟɥɹ
Ⱦɨɩɨɥɧɢɬɟɥɶɧɵɟɤɨɦɩɥɟɤɬɵ ɆɟɧɸɇɟɢɫɩɪɚɜɧɨɫɬɶɉɪɟɞɭɩɪɟɠɞɟɧɢɟȾɢɚɝɧɨɫɬɢɤɚ )$' Ɇɟɧɸɧɟɢɫɩɪɚɜɧɨɫɬɢ
Ⱥɧɚɥɢɡɩɪɨɬɨɤɨɥɚ
ɋɛɪɨɫɧɟɢɫɩɪɚɜɧɨɫɬɢ
Ɉɱɢɫɬɤɚɩɪɨɬɨɤɨɥɚɧɟɢɫɩɪɚɜɧɨɫɬɢɢɫɛɪɨɫɧɟɢɫɩɪɚɜɧɨɫɬɢ Ɇɟɧɸɩɪɟɞɭɩɪɟɠɞɟɧɢɣ
Ⱥɧɚɥɢɡɩɪɨɬɨɤɨɥɚ
ɋɛɪɨɫɢɧɞɢɤɚɰɢɢɩɪɟɞɭɩɪɟɠɞɟɧɢɹ Ɉɱɢɫɬɤɚɩɪɨɬɨɤɨɥɚɩɪɟɞɭɩɪɟɠɞɟɧɢɣɢɫɛɪɨɫɩɪɟɞɭɩɪɟɠɞɟɧɢɹ Ɇɟɧɸɞɢɚɝɧɨɫɬɢɤɢ Ʉɨɧɮɢɝɭɪɚɰɢɹɞɢɚɝɧɨɫɬɢɤɢ ɋɜɟɬɨɞɢɨɞɵɫɨɫɬɨɹɧɢɹɩɥɚɬɵɪɟɝɭɥɹɬɨɪɚ
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Ⱦɨɩɨɥɧɢɬɟɥɶɧɵɟɩɪɢɧɚɞɥɟɠɧɨɫɬɢ
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ɡɚɦɤɧɭɬɵɤɨɧɬɚɤɬȼɵɛɟɝȾɢɧɚɦɢɱɟɫɤɨɟɬɨɪɦɨɠɟɧɢɟɡɚɦɤɧɭɬɢɧɟɬ
ɧɟɢɫɩɪɚɜɧɨɫɬɢɩɪɢɜɨɞɚɇɚɠɚɬɢɟɤɥɚɜɢɲɢ581 ɩɭɫɤ ɢɥɢ-2* ɬɨɥɱɨɤ ɜɵɡɨɜɟɬɩɭɫɤɩɪɢɜɨɞɚɟɫɥɢɷɬɨɬɢɧɞɢɤɚɬɨɪɜɤɥɸɱɟɧȼɵɤɥɸɱɟɧ ɧɟɬ
ɝɨɬɨɜɧɨɫɬɢ
ȼɤɥɸɱɟɧɢɟɭɤɚɡɵɜɚɟɬɧɚɬɨɱɬɨɤɨɧɬɚɤɬɨɪɜɬɹɧɭɬɢɧɚɹɤɨɪɶɞɜɢɝɚɬɟɥɹ
ɩɨɞɚɧɨɧɚɩɪɹɠɟɧɢɟȼɵɤɥɸɱɟɧ ɤɨɧɬɚɤɬɨɪɜɵɤɥɸɱɟɧɢɩɪɢɜɨɞɧɟɪɚɛɨ
ɬɚɟɬ
ɗɬɨɢɧɞɢɤɚɰɢɹɜɪɟɦɟɧɢɪɚɛɨɬɵɞɜɢɝɚɬɟɥɹɫɬɨɤɨɨɝɪɚɧɢɱɟɧɢɟɦȼɤɥɸɱɟɧ
ɬɨɤɨɨɝɪɚɧɢɱɟɧɢɟȼɵɤɥɸɱɟɧ ɧɟɬɬɨɤɨɨɝɪɚɧɢɱɟɧɢɹ
ɋɜɟɬɨɞɢɨɞɧɵɟɢɧɞɢɤɚɬɨɪɵ
Ⱦɜɚɫɜɟɬɨɞɢɨɞɚɪɚɡɦɟɳɟɧɧɵɟɧɚɩɥɚɬɟɪɟɝɭɥɹɬɨɪɚɨɬɨɛɪɚɠɚɸɬɫɨɫɬɨɹɧɢɟɩɥɚɬɵɢɢɫ
ɩɨɥɶɡɭɸɬɫɹɞɥɹɫɟɪɜɢɫɧɵɯɮɭɧɤɰɢɣ ɫɜɟɬɨɞɢɨɞ ɰɟɧɬɪɚɥɶɧɵɣɩɪɨɰɟɫɫɨɪ2.ɢ
ɫɜɟɬɨɞɢɨɞ 2,0ɫɜɹɡɶ2.ɋɦɪɚɡɞɟɥɷɬɨɣɢɧɫɬɪɭɤɰɢɢɝɞɟɩɪɢɜɨɞɢɬɫɹɛɨɥɟɟɩɨɞ
ɪɨɛɧɨɟɨɩɢɫɚɧɢɟɢɫɩɨɥɶɡɨɜɚɧɢɹɢɧɞɢɤɚɬɨɪɨɜɞɥɹɩɨɢɫɤɚɧɟɢɫɩɪɚɜɧɨɫɬɟɣɢɫɱɢɬɵɜɚɧɢɹ
ɫɨɫɬɨɹɧɢɹ
ɍɩɪɚɜɥɟɧɢɟ
Ʉɥɚɜɢɲɢ2,0ɦɨɝɭɬɛɵɬɶɮɭɧɤɰɢɨɧɚɥɶɧɨɪɚɡɞɟɥɟɧɵɧɚɞɜɟɤɚɬɟɝɨɪɢɢ
Ʉɥɚɜɢɲɢɩɪɨɝɪɚɦɦɢɪɨɜɚɧɢɹ2,0 ɩɪɨɝɪɚɦɦɢɪɨɜɚɧɢɟɤɨɧɬɪɨɥɶɧɟɢɫɩɪɚɜɧɨɫɬɶ
ɫɩɪɚɜɤɚɨɬɦɟɧɚɜɜɨɞɢɤɥɚɜɢɲɢɤɭɪɫɨɪɚ
Ʉɥɚɜɢɲɢɭɩɪɚɜɥɟɧɢɹɩɪɢɜɨɞɨɦ ɜɵɛɨɪɢɫɬɨɱɧɢɤɚɭɩɪɚɜɥɟɧɢɹɚɜɬɨɪɭɱɧɨɣɜɩɟɪɟɞ
ɪɟɜɟɪɫɬɨɥɱɨɤɩɭɫɤɢɨɫɬɚɧɨɜɫɛɪɨɫ
Ʉɥɚɜɢɲɢɩɪɨɝɪɚɦɦɢɪɨɜɚɧɢɹ2,0
ɗɬɢɤɥɚɜɢɲɢɩɪɟɞɨɫɬɚɜɥɹɸɬɜɨɡɦɨɠɧɨɫɬɶɧɚɫɬɪɨɣɤɢɩɪɢɜɨɞɚɦɚɫɲɬɚɛɢɪɨɜɚɧɢɹɜɯɨɞɨɜ
ɜɵɯɨɞɨɜɫɨɯɪɚɧɟɧɢɹɤɨɧɮɢɝɭɪɚɰɢɢɩɨɥɶɡɨɜɚɬɟɥɹɢɥɢɜɨɫɫɬɚɧɨɜɥɟɧɢɟɜɢɡ
ɷɧɟɪɝɨɧɟɡɚɜɢɫɢɦɨɣɩɚɦɹɬɢɭɫɬɚɧɨɜɤɢɨɝɪɚɧɢɱɟɧɢɣɩɪɢɜɨɞɚɞɨɫɬɭɩɤɮɚɣɥɭɪɟɝɢɫɬɪɚɰɢɢ
ɧɟɢɫɩɪɚɜɧɨɫɬɶɩɪɟɞɭɩɪɟɠɞɟɧɢɟɢɤɨɧɬɪɨɥɹɧɟɫɤɨɥɶɤɢɯɫɢɝɧɚɥɨɜɩɪɢɜɨɞɚɊɟɠɢɦ
ɩɪɨɝɪɚɦɦɢɪɨɜɚɧɢɹɢɫɩɨɥɶɡɭɟɬɫɹɞɥɹɜɵɛɨɪɚɩɚɪɚɦɟɬɪɚɢɦɟɧɸɊɟɠɢɦɤɨɧɬɪɨɥɹ
ɨɬɨɛɪɚɠɚɟɬɫɬɚɧɞɚɪɬɧɵɟɡɧɚɱɟɧɢɹɜɵɯɨɞɧɵɯɞɚɧɧɵɯɩɪɢɜɨɞɚɋɦɪɚɡɞɟɥɞɥɹ
ɩɨɞɪɨɛɧɨɣɢɧɮɨɪɦɚɰɢɢɨɜɵɛɨɪɟɩɚɪɚɦɟɬɪɨɜɢɦɟɧɸ
352*5$0 ɗɬɚɤɥɚɜɢɲɚɩɟɪɟɤɥɸɱɚɟɬɞɢɫɩɥɟɣ2,0ɦɟɠɞɭɷɤɪɚɧɚɦɢɩɪɨɝɪɚɦɦɵɢɞɜɭɦɹ
ɷɤɪɚɧɚɦɢɤɨɧɬɪɨɥɹɋɨɫɬɨɹɧɢɟɷɬɨɣɤɥɚɜɢɲɢ ɩɪɨɝɪɚɦɦɚɢɥɢɤɨɧɬɪɨɥɶ 021,725 ɨɬɨɛɪɚɠɚɟɬɫɹɧɚɀɄȾɧɚɞɤɥɚɜɢɲɟɣȺɤɬɢɜɧɵɣɪɟɠɢɦɨɬɨɛɪɚɠɟɧɢɹ2,0
ɫɨɯɪɚɧɹɟɬɫɹɩɪɢɩɟɪɟɤɥɸɱɟɧɢɢɩɢɬɚɧɢɹɩɪɢɜɨɞɚ
ɇɚɩɪɢɦɟɪɟɫɥɢ2,0ɛɵɥɜɪɟɠɢɦɟɤɨɧɬɪɨɥɹɞɨɨɬɤɥɸɱɟɧɢɹɩɢɬɚɧɢɹ2,0
ɜɤɥɸɱɢɬɫɹɜɪɟɠɢɦɟɤɨɧɬɪɨɥɹȾɥɹɛɨɥɟɟɩɨɞɪɨɛɧɨɣɢɧɮɨɪɦɚɰɢɢɫɦɨɬɪɢ
ɫɥɟɞɭɸɳɢɣɩɪɢɦɟɪ
ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿɊɟɠɢɦɩɪɨɝɪɚɦɦɵɢɫɩɨɥɶɡɭɟɬɫɹɞɥɹɜɵɛɨɪɚɩɚɪɚɦɟɬɪɚɢ
ɦɟɧɸ
)OH[3DN
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ɈȻɁɈɊɉɊɂȼɈȾȺ
)OH[3DN0DLQ0HQX Ƚɥɚɜɧɨɟɦɟɧɸ 4XLFN6WDUW Ȼɵɫɬɪɵɣɡɚɩɭɫɤ 'ULYH5HIHUHQFH Ɂɚɞɚɧɢɟɩɪɢɜɨɞɚ 6SHHG9ROWDJH/RRS 63' Ʉɨɧɬɭɪɫɤɨɪɨɫɬɢɧɚɩɪɹɠ τ&XUUHQW0LQRU/RRS &0/ ȼɧɭɬɪɟɧɧɢɣɤɨɧɬɭɪɬɨɤɚ 352*5$0 .(<3$'
0$18$/
ŮŮ
)25:$5'
• ɇɚɠɚɬɢɟɷɬɨɣɤɥɚɜɢɲɢɜɵɡɨɜɟɬɫɥɟɞɭɸɳɢɣɷɤɪɚɧ
0272563((' ɋɤɨɪɞɜɢɠ 530
$5092/76 ɇɚɩɪɹɠɹɤɨɪɹ 92/76
02725/2$' ɇɚɪɭɡɤɚɞɜɢɝ )/$
.(<3$'5() ɍɫɬɚɜɤɚɩɪɢɜɨɞɚ 530
021,725 .(<3$'
0$18$/
)25:$5'
ɗɬɨɬɷɤɪɚɧɪɚɡɪɟɲɚɟɬɩɨɥɶɡɨɜɚɬɟɥɸɢɡɦɟɧɢɬɶɭɫɬɚɜɤɭɩɪɢɜɨɞɚ .(<3$'5() ɤɨɝɞɚ
&21752/6285&(6(/(&7 ȼɕȻɈɊɂɋɌɈɑɇɂɄȺɍɉɊȺȼɅȿɇɂə ɭɫɬɚɧɨɜɥɟɧɧɚ.(<3$'
ɄɅȺȼɂȺɌɍɊȺ ɢɩɪɢɜɨɞɧɚɯɨɞɢɬɫɹɜɪɭɱɧɨɦɪɟɠɢɦɟɂɫɩɨɥɶɡɭɣɬɟɤɥɚɜɢɲɢɤɭɪɫɨɪɚ
ɜɜɟɪɯɜɧɢɡɞɥɹɢɡɦɟɧɟɧɢɹɭɫɬɚɜɤɢɩɪɢɜɨɞɚɇɚɠɚɬɢɟɤɥɚɜɢɲɢ(17(5 ɜɜɨɞ ɫɨɯɪɚɧɢɬ
ɭɫɬɚɜɤɭɜɷɧɟɪɝɨɧɟɡɚɜɢɫɢɦɨɣɩɚɦɹɬɢ
• ɇɚɠɚɬɢɟɤɥɚɜɢɲɢ352*5$0021,725ɜɬɨɪɨɣɪɚɡɨɬɨɛɪɚɡɢɬɫɤɨɪɨɫɬɶɞɜɢɝɚɬɟɥɹ
ɈȻɆɂɇ ɢɧɚɝɪɭɡɤɭɞɜɢɝɚɬɟɥɹ )/$ 530
)/$
021,725 .(<3$'
0$18$/
)25:$5'
ɗɬɨɬɷɤɪɚɧɧɟɪɚɡɪɟɲɚɟɬɩɨɥɶɡɨɜɚɬɟɥɸɢɡɦɟɧɢɬɶɭɫɬɚɜɤɭɩɪɢɜɨɞɚ .(<3$'5() • ɇɚɠɚɬɢɟɤɥɚɜɢɲɢ352*5$0021,725ɩɨɜɬɨɪɧɨɜɨɫɫɬɚɧɨɜɢɬɩɪɟɞɵɞɭɳɢɣɞɢɫɩɥɟɣ
352*5$0 ɩɟɪɜɵɣɷɤɪɚɧɜɷɬɨɦɩɪɢɦɟɪɟ ɇɚɠɚɬɢɟɤɥɚɜɢɲɢ(17(5ɫɨɯɪɚɧɢɬɭɫɬɚɜɤɭɜɷɧɟɪɝɨɧɟɡɚɜɢɫɢɦɨɣɩɚɦɹɬɢ
ɇɚɠɚɬɢɟɤɥɚɜɢɲɢ&$1&(/ɜɪɟɠɢɦɟɤɨɧɬɪɨɥɹɜɨɡɜɪɚɬɢɬ2,0ɜɪɟɠɢɦɩɪɨɝɪɚɦɦɵ
ȼɬɚɛɥɢɰɟɩɟɪɟɱɢɫɥɟɧɵɩɚɪɚɦɟɬɪɵɩɪɢɜɨɞɚɤɨɧɬɪɨɥɢɪɭɟɦɵɟɢɩɟɪɟɞɚɜɚɟɦɵɟ2,0
Ɍɚɛɥɢɰɚȼɨɡɦɨɠɧɨɫɬɢɤɨɧɬɪɨɥɹɩɪɢɜɨɞɚ
Ʉɨɧɬɪɨɥɢɪɭɟɦɵɟɜɟɥɢɱɢɧɵ
ɋɤɨɪɨɫɬɶɞɜɢɝɚɬɟɥɹ
ɇɚɩɪɹɠɟɧɢɟɹɤɨɪɹ
ɇɚɝɪɭɡɤɚɞɜɢɝɚɬɟɥɹ Ɍɨɤɹɤɨɪɹ
7(50%/.5().(<3$'5()RU
72548(5() 1(7:25.5()
ȼɵɛɢɪɚɟɦɵɟɬɟɯɧɢɱɟɫɤɢɟɟɞɢɧɢɰɵ
ɨɛɦɢɧɟɞɢɧɢɰɵ
ȼ
ɩɨɥɧɨɣɧɚɝɪɭɡɤɢ )/$ Ⱥ
ɨɛɦɢɧɟɞɢɧɢɰɵ
ȿɞɢɧɢɰɵɍɤɚɡɵɜɚɟɬɨɩɰɢɸɩɨɥɶɡɨɜɚɬɟɥɹɞɥɹɜɵɛɨɪɚɬɟɯɧɢɱɟɫɤɢɯɟɞɢɧɢɰ ɫɢɦɜɨɥɨɜɦɚɤɫɢɦɭɦ ɞɥɹ
ɫɱɢɬɵɜɚɧɢɹɨɬɨɛɪɚɠɟɧɢɹɑɢɫɥɚɨɬɞɨɩɨɥɧɨɝɨɞɢɚɩɚɡɨɧɚɦɨɝɭɬɛɵɬɶɩɪɢɫɜɨɟɧɵɡɧɚɱɢɦɵɦɜɟɥɢɱɢɧɚɦ
ɧɚɩɪɢɦɟɪ)30Ɏɭɬɜɦɢɧɢɬɞ ɋɦȿɞɢɧɢɰɵɨɩɪɟɞɟɥɹɟɦɵɟɩɨɥɶɡɨɜɚɬɟɥɟɦɜɪɚɡɞɟɥɟ
Ʉɨɝɞɚɩɪɢɜɨɞɫɤɨɧɮɢɝɭɪɢɪɨɜɚɧɤɚɤɪɟɝɭɥɹɬɨɪɬɨɤɚ ɦɨɦɟɧɬɚ ɉɟɪɟɦɵɱɤɚ- ɌɈɄ ɜɵɛɨɪɢɫɬɨɱɧɢɤɚ
ɭɩɪɚɜɥɟɧɢɹ &66 ɦɨɠɟɬɛɵɬɶɭɫɬɚɧɨɜɥɟɧɬɨɥɶɤɨɧɚ7(50%/.ɢɥɢɋȿɌɖ ɟɫɥɢɨɩɰɢɹɭɫɬɚɧɨɜɥɟɧɚ ȼɷɬɨɦ
ɫɥɭɱɚɟɨɬɨɛɪɚɠɚɟɬɫɹ72548(5()ɢɥɢ1(7:25.5()ȿɞɢɧɢɰɵɨɬɨɛɪɚɠɚɸɬɫɹɬɟɠɟɱɬɨɢɞɥɹɧɚɝɪɭɡɤɢ
ɞɜɢɝɚɬɟɥɹ
Ʉɨɝɞɚɩɪɢɜɨɞɫɤɨɧɮɢɝɭɪɢɪɨɜɚɧɤɚɤɪɟɝɭɥɹɬɨɪɫɤɨɪɨɫɬɢɢɥɢɧɚɩɪɹɠɟɧɢɹɹɤɨɪɹ ɉɟɪɟɦɵɱɤɚ- ɋɄɈɊɈɋɌɖ ɜɵɛɪɚɧɧɵɣɢɫɬɨɱɧɢɤɭɩɪɚɜɥɟɧɢɹɨɩɪɟɞɟɥɹɟɬɢɫɬɨɱɧɢɤɡɚɞɚɧɢɹ 7(50%/.5()ɢɥɢ.(<3$'5()
ɢɥɢ1(7:25.5() Ⱦɨɫɬɭɩɧɨɫɨɩɰɢɟɣɋɟɬɟɜɨɣɩɥɚɬɵɫɜɹɡɢ
¶H
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ɈȻɁɈɊɉɊɂȼɈȾȺ
ɗɬɚɤɥɚɜɢɲɚɪɚɡɪɟɲɚɟɬɨɩɟɪɚɬɨɪɭɨɛɡɨɪɢɨɱɢɫɬɤɭɮɚɣɥɚɪɟɝɢɫɬɪɚɰɢɢ
ɧɟɢɫɩɪɚɜɧɨɫɬɶɢɩɪɟɞɭɩɪɟɠɞɟɧɢɟ ɫɛɪɨɫɧɟɢɫɩɪɚɜɧɨɫɬɢɨɱɢɫɬɤɭ
ɢɧɞɢɤɚɬɨɪɚɩɪɟɞɭɩɪɟɠɞɟɧɢɹɢɨɬɨɛɪɚɠɟɧɢɹɢɫɬɨɪɢɢɧɟɢɫɩɪɚɜɧɨɫɬɟɣɢ
ɞɢɚɝɧɨɫɬɢɱɟɫɤɭɸɢɧɮɨɪɦɚɰɢɸɞɥɹɨɛɫɥɭɠɢɜɚɧɢɹɩɪɢɜɨɞɚɋɨɫɬɨɹɧɢɟɷɬɨɣ
ɤɥɚɜɢɲɢ ɇȿɂɋɉɊȺȼɇɈɋɌɖɉɊȿȾɍɉɊȿɀȾȿɇɂȿɢɥɢȾɂȺȽɇɈɋɌɂɄȺ ɨɬɨɛɪɚɠɚɟɬɫɹɧɚɀɄȾɧɚɞɤɥɚɜɢɲɟɣ
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ɇɚɠɚɬɢɟɤɥɚɜɢɲɢ&$1&(/ɜɨɡɜɪɚɬɢɬ2,0ɜɩɪɟɞɵɞɭɳɢɣɪɟɠɢɦɨɬɨɛɪɚɠɟɧɢɹ 352*5$0
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ɇɚɠɚɬɢɟɤɥɚɜɢɲɢ&$1&(/ɜɨɡɜɪɚɬɢɬ2,0ɜɩɪɟɞɵɞɭɳɢɣɪɟɠɢɦɨɬɨɛɪɚɠɟɧɢɹ 352*5$0
ɢɥɢ021,725 'LDJQRVWLFV0HQX Ɇɟɧɸɞɢɚɝɧɨɫɬɢɤɢ :K\LVWKHGULYHQRWUHDG\"ɉɨɱɟɦɭɩɪɢɜɨɞɧɟɝɨɬɨɜ"
:K\GLGWKHGULYHVWRS" ɉɨɱɟɦɭɩɪɢɜɨɞɨɫɬɚɧɨɜɢɥɫɹ"
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Ⱦɥɹɜɵɯɨɞɚɢɡɷɬɨɝɨɪɟɠɢɦɚɧɚɠɦɢɬɟɤɥɚɜɢɲɭ352*5$0021,725ɗɬɨɜɨɡɜɪɚɬɢɬ
ɞɢɫɩɥɟɣ2,0ɜɩɪɟɞɵɞɭɳɢɣɪɟɠɢɦɨɬɨɛɪɚɠɟɧɢɹ 352*5$0ɢɥɢ021,725 ɋɦɊɚɡɞɟɥɷɬɨɣɢɧɫɬɪɭɤɰɢɢɞɥɹɛɨɥɟɟɩɨɞɪɨɛɧɨɣɢɧɮɨɪɦɚɰɢɢɨɦɟɧɸ
ɇȿɂɋɉɊȺȼɇɈɋɌɖɉɊȿȾɍɉɊȿɀȾȿɇɂȿɢȾɂȺȽɇɈɋɌɂɄȺ
+(/3
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Ⱦɨɫɬɭɩɟɧ +(/3 ɦɟɧɸ ɢ ɩɚɪɚɦɟɬɪɨɜ Ⱦɨɫɬɭɩ ɤ +(/3 ɦɟɧɸ ɢɥɢ ɩɚɪɚɦɟɬɪɨɜ
ɨɫɭɳɟɫɬɜɥɹɟɬɫɹ ɧɚɠɚɬɢɟɦ ɤɥɚɜɢɲɢ +(/3 ɤɨɝɞɚ ɤɭɪɫɨɪ ɧɚɯɨɞɢɬɫɹ ɜ ɬɪɟɛɭɟ
ɦɨɦɦɟɧɸɢɥɢɧɚɢɧɬɟɪɟɫɭɸɳɟɦɩɚɪɚɦɟɬɪɟȼɪɟɠɢɦɟ021,725ɩɪɢɧɚɠɚɬɢɢ
+(/3 ɨɬɨɛɪɚɡɹɬɫɹ ɢɧɞɢɤɚɬɨɪɵ ɫɨɫɬɨɹɧɢɹ ɧɚ ɜɵɛɪɚɧɧɨɦ ɹɡɵɤɟ ɇɚɠɚɬɢɟ
&$1&(/ɜɨɡɜɪɚɬɢɬɞɢɫɩɥɟɣɤɩɪɟɞɵɞɭɳɟɦɭɷɤɪɚɧɭ
ɆȿɇɘɋɉɊȺȼɄɂ
Ɇɟɧɸ+(/3ɩɪɟɞɨɫɬɚɜɥɹɟɬɩɨɥɶɡɨɜɚɬɟɥɸɢɧɮɨɪɦɚɰɢɸɨɫɨɨɬɜɟɬɫɬɜɭɸɳɟɦɦɟɧɸɢ
ɧɟɤɨɬɨɪɵɟɨɩɢɫɚɧɢɟɜɵɛɪɚɧɧɨɝɨɩɚɪɚɦɟɬɪɚ
ɇɚɩɪɢɦɟɪȿɫɥɢɜɵɛɪɚɧɧɵɣɹɡɵɤɚɧɝɥɢɣɫɤɢɣɩɪɢɧɚɠɚɬɢɢɤɥɚɜɢɲɢ+(/3ɜȽɥɚɜɧɨɦ
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ɤɥɚɜɢɲɚɦɢɤɭɪɫɨɪɚȼȼȿɊɏȼɇɂɁɢ
ɤɥɚɜɢɲɟɣ(17(5ȼɵɦɨɠɟɬɟɢɫɩɨɥɶɡɨɜɚɬɶ
&$1&(/ɜɥɸɛɨɟɜɪɟɦɹɱɬɨɛɵɜɨɡɜɪɚɬɢɬɶɫɹ
ɤɩɪɟɞɵɞɭɳɟɦɭɭɪɨɜɧɸɦɟɧɸ
352*5$0 .(<3$'
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ɧɚɇɚɠɦɢɬɟɜɧɢɡɭɤɥɚɜɢɲɭØɞɥɹɩɪɨɫɦɨɬɪɚɨɫɬɚɜɲɟɝɨɫɹɬɟɤɫɬɚȺɧɚɥɨɝɢɱɧɨɟɫɥɢD
↔ɨɬɨɛɪɚɠɚɟɬɫɹɜɜɟɪɯɧɟɦɥɟɜɨɦɭɝɥɭɬɟɤɫɬɚɢɫɩɨɥɶɡɭɣɬɟɤɥɚɜɢɲɭ×ɞɥɹɩɪɨɫɦɨɬɪɚ
ɩɪɟɞɵɞɭɳɟɝɨɬɟɤɫɬɚ
ɇɚɠɦɢɬɟ&$1&(/ɞɥɹɜɵɯɨɞɚɢɡɆȿɇɘ+(/3
+(/3ɉȺɊȺɆȿɌɊȺ
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ɂɦɹɩɚɪɚɦɟɬɪɚ
Ʉɨɞ ɧɨɦɟɪɩɚɪɚɦɟɬɪɚ
ȼɯɨɞ
ɋɨɯɪɚɧɹɸɳɢɣɢɥɢɧɟɫɨɯɪɚɧɹɸɳɢɣɫɹ
ȿɞɢɧɢɰɵ
ɑɬɨɛɵɩɨɥɭɱɢɬɶ+(/3ɩɚɪɚɦɟɬɪɚ2,0ɞɨɥɠɟɧɧɚɯɨɞɢɬɶɫɹɜɷɤɪɚɧɟɜɜɨɞɚɡɧɚɱɟɧɢɹɋɦ
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ɇɚɩɪɢɦɟɪɉɪɢɧɚɠɚɬɢɢɤɥɚɜɢɲɢ+(/3ɜɷɤɪɚɧɟɜɜɨɞɚɡɧɚɱɟɧɢɹɞɥɹɩɚɪɚɦɟɬɪɚ723
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Ʉɥɚɜɢɲɚ&$1&(/ɢɫɩɨɥɶɡɭɟɬɫɹɞɥɹɜɨɡɜɪɚɬɚɤɩɪɟɞɵɞɭɳɟɦɭɦɟɧɸɜɵɯɨɞɚɢɡ
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ɷɤɪɚɧɚɢɡɦɟɧɟɧɢɹɩɚɪɚɦɟɬɪɚ ɜɜɨɞɡɧɚɱɟɧɢɹ ɨɱɢɫɬɤɢɫɨɨɛɳɟɧɢɹɨ
;
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ɜɵɛɢɪɚɟɬɨɩɰɢɸɢɡɫɩɢɫɤɚȼɪɟɠɢɦɟ021,725(17(5ɫɨɯɪɚɧɹɟɬɭɫɬɚɜɤɭ
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ɧɢɟɢɫɩɨɥɶɡɨɜɚɧɢɹɷɬɨɣɤɥɚɜɢɲɢ
ɉɪɨɤɪɭɱɢɜɚɟɬɜɜɟɪɯɢɥɢɜɧɢɡɫɩɢɫɤɢɩɚɪɚɦɟɬɪɨɜɢɦɟɧɸɢɢɡɦɟɧɹɟɬɡɧɚɱɟɧɢɹ
ɩɚɪɚɦɟɬɪɚ
ɍɜɟɥɢɱɢɜɚɟɬɢɥɢɭɦɟɧɶɲɚɟɬɡɚɞɚɧɢɟɫɤɨɪɨɫɬɢɤɨɝɞɚɞɢɫɩɥɟɣɧɚɯɨɞɢɬɫɹɜɩɟɪɜɨɦ
ɷɤɪɚɧɟ021,725ɢȼɕȻɈɊɂɋɌɈɑɇɂɄȺɍɉɊȺȼɅȿɇɂəɭɫɬɚɧɨɜɥɟɧɜ.(<3$'
ɄɅȺȼɂȺɌɍɊȺ ȼɨɜɬɨɪɨɦɷɤɪɚɧɟ021,725 ɨɛɦɢɧɢ)/$ ɷɬɢɤɥɚɜɢɲɢɧɟɛɭɞɭɬ
ɢɡɦɟɧɹɬɶɡɚɞɚɧɢɟɫɤɨɪɨɫɬɢ
Ɉɛɪɚɬɢɬɟɜɧɢɦɚɧɢɟɍɞɟɪɠɢɜɚɧɢɟɥɸɛɨɣɢɡɷɬɢɯɤɥɚɜɢɲɜɵɡɨɜɟɬɛɵɫɬɪɨɟɢɡɦɟɧɟ
ɧɢɟɜɵɛɪɚɧɧɨɝɨɡɧɚɱɟɧɢɹ
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ɈȻɁɈɊɉɊɂȼɈȾȺ
ɉɟɪɟɦɟɳɚɟɬɤɭɪɫɨɪɜɥɟɜɨɢɥɢɜɩɪɚɜɨɜɷɤɪɚɧɟɢɡɦɟɧɟɧɢɹɩɚɪɚɦɟɬɪɚ ɜɜɨɞɡɧɚɱɟɧɢɹ ɱɬɨɛɵɜɵɛɪɚɬɶɡɧɚɤɞɥɹɭɫɬɚɧɨɜɤɢɡɧɚɱɟɧɢɹɩɚɪɚɦɟɬɪɚ
Ʉɥɚɜɢɲɚ ⇐ ɜɥɟɜɨ!ɨɛɪɚɳɚɟɬɫɹɤɦɟɧɸ/DQJXDJH6HOHFWLRQ ɜɵɛɨɪɹɡɵɤɚ ɢɡɥɸɛɨɝɨ
ɭɪɨɜɧɹɦɟɧɸɧɨɧɟɢɡɷɤɪɚɧɨɜɢɡɦɟɧɟɧɢɹɩɚɪɚɦɟɬɪɚɋɦɪɚɡɞɟɥɷɬɨɣɢɧɫɬɪɭɤɰɢɢ
ɞɥɹɛɨɥɟɟɩɨɞɪɨɛɧɨɣɢɧɮɨɪɦɚɰɢɢɨɦɟɧɸ/DQJXDJH6HOHFWLRQ
Ʉɥɚɜɢɲɚ ɜɩɪɚɜɨ!ɨɛɪɚɳɚɟɬɫɹɤɷɤɪɚɧɭɇɚɫɬɪɨɣɤɢɤɨɧɬɪɚɫɬɧɨɫɬɢɢɡɥɸɛɨɝɨ
ɭɪɨɜɧɹɦɟɧɸɤɪɨɦɟɷɤɪɚɧɨɜɢɡɦɟɧɟɧɢɹɩɚɪɚɦɟɬɪɚɋɦɪɚɡɞɟɥɷɬɨɣɢɧɫɬɪɭɤɰɢɢ
ɞɥɹɛɨɥɟɟɩɨɞɪɨɛɧɨɣɢɧɮɨɪɦɚɰɢɢɨɛɷɤɪɚɧɟɇɚɫɬɪɨɣɤɢɤɨɧɬɪɚɫɬɧɨɫɬɢ
Ʉɥɚɜɢɲɢɭɩɪɚɜɥɟɧɢɹɩɪɢɜɨɞɨɦ
ɗɬɢ ɤɥɚɜɢɲɢ ɦɨɝɭɬ ɢɫɩɨɥɶɡɨɜɚɬɶɫɹ ɞɥɹ ɭɩɪɚɜɥɟɧɢɹ ɞɜɢɝɚɬɟɥɟɦ Ɉɧɢ ɩɪɟɞɨɫɬɚɜɥɹɸɬ
ɩɨɥɶɡɨɜɚɬɟɥɸ ɜɨɡɦɨɠɧɨɫɬɶ ɩɭɫɤɚ ɬɨɥɱɤɨɜɨɝɨ ɪɟɠɢɦɚ ɜɵɛɨɪɚ ɧɚɩɪɚɜɥɟɧɢɟ ɜɵɛɨɪɚ
ɡɚɞɚɧɢɹɢɢɫɬɨɱɧɢɤɚɭɩɪɚɜɥɟɧɢɹɋɦɪɢɫɭɧɨɤ
ȼɵɛɢɪɚɟɬ ɢɫɬɨɱɧɢɤ ɫɢɝɧɚɥɨɜ ɭɩɪɚɜɥɟɧɢɹ ɩɪɢɜɨɞɚ .(<3$'
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ɢɫɩɨɥɶɡɨɜɚɧɢɹɫɩɪɢɜɨɞɨɦ
ɍɫɬɚɧɨɜɤɚɜɯɨɞɧɵɟɪɚɡɴɟɞɢɧɢɬɟɥɢ
ɈɉȺɋɇɈɋɌɖ
ɋɬɚɧɞɚɪɬ(1ɬɪɟɛɭɟɬɱɬɨɛɵɜɯɨɞɧɵɟɪɚɡɴɟɞɢɧɢɬɟɥɢɛɵɥɢɩɪɟɞɭɫɦɨɬɪɟɧɵɩɨɜɯɨɞ
ɧɨɦɭɫɢɥɨɜɨɦɭɩɢɬɚɧɢɸɢɞɨɥɠɧɵɛɵɬɶɪɚɡɦɟɳɟɧɵɥɢɛɨɪɹɞɨɦɫɩɪɢɜɨɞɨɦɥɢɛɨɢɦɟɬɶɜɨɡ
ɦɨɠɧɨɫɬɶɮɢɤɫɚɰɢɢɧɚɡɚɦɨɤɍɫɬɚɧɨɜɢɬɟɜɯɨɞɧɨɣɪɚɡɴɟɞɢɧɢɬɟɥɶɩɨɜɯɨɞɧɨɦɭɫɢɥɨɜɨɦɭɩɢɬɚ
ɧɢɸɬɚɤɢɦɨɛɪɚɡɨɦɱɬɨɛɵɨɧɪɚɫɩɨɥɚɝɚɥɫɹɪɹɞɨɦɫɩɪɢɜɨɞɨɦɢɥɢɬɚɦɝɞɟɢɦɟɸɬɫɹɭɫɥɨɜɢɹ
ɞɥɹɡɚɩɢɪɚɧɢɹɧɚɡɚɦɨɤɇɟɜɵɩɨɥɧɟɧɢɟɷɬɢɯɬɪɟɛɨɜɚɧɢɣɦɨɠɟɬɩɪɢɜɟɫɬɢɤɫɟɪɶɟɡɧɵɦɬɪɚɜɦɚɦ
ɢɥɢɫɦɟɪɬɢ
Ʌɸɛɨɣɪɚɡɴɟɞɢɧɢɬɟɥɶɧɵɣɩɪɟɞɨɯɪɚɧɢɬɟɥɶɢɥɢɜɵɤɥɸɱɚɬɟɥɶɩɨɜɯɨɞɧɨɦɭɫɢɥɨɜɨɦɭɩɢ
ɬɚɧɢɸɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚɞɨɥɠɟɧɦɚɤɫɢɦɚɥɶɧɨɭɦɟɧɶɲɢɬɶɬɨɤɨɜɵɟɧɟɢɫɩɪɚɜɧɨɫɬɢɫɢɦ
ɦɟɬɪɢɱɧɨɣɫɟɬɢɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚɤɚɤɩɨɤɚɡɚɧɨɜɩɭɧɤɬɟɷɬɨɣɢɧɫɬɪɭɤɰɢɢȼɵɛɟɪɢ
ɬɟɪɚɡɴɟɞɢɧɢɬɟɥɶɜɫɨɨɬɜɟɬɫɬɜɢɟɫɬɨɤɨɦɩɟɪɜɢɱɧɨɣɨɛɦɨɬɤɢɬɪɚɧɫɮɨɪɦɚɬɨɪɚɬɚɤɱɬɨɛɵ
ɪɚɡɴɟɞɢɧɢɬɟɥɶɦɨɝɡɚɩɢɬɵɜɚɬɶɥɸɛɵɟɞɨɩɨɥɧɢɬɟɥɶɧɵɟɧɚɝɪɭɡɤɢ
ɍɫɬɚɧɨɜɢɬɶɜɯɨɞɧɨɣɪɚɡɴɟɞɢɧɢɬɟɥɶɩɨɜɯɨɞɧɨɦɭɫɢɥɨɜɨɦɭɩɢɬɚɧɢɸɫɨɝɥɚɫɧɨɫɬɚɧ
ɞɚɪɬɭɟɫɥɢɨɧɧɟɛɵɥɩɨɫɬɚɜɥɟɧɫɩɪɢɜɨɞɨɦ
Ⱦɥɹɨɛɟɫɩɟɱɟɧɢɹɛɟɡɨɩɚɫɧɨɫɬɢɪɚɡɴɟɞɢɧɹɸɳɢɣɫɹɚɜɬɨɦɚɬɞɨɥɠɟɧɧɚɯɨɞɢɬɫɹɜɡɨɧɟ
ɜɢɞɢɦɨɫɬɢɨɩɟɪɚɬɨɪɚɢɨɛɫɥɭɠɢɜɚɸɳɟɝɨɩɟɪɫɨɧɚɥɚɢɤɧɟɦɭɞɨɥɠɟɧɛɵɬɶɫɜɨɛɨɞ
ɧɵɣɞɨɫɬɭɩɊɟɤɨɦɟɧɞɭɟɬɫɹɩɟɪɟɤɥɸɱɚɬɟɥɶɨɬɤɪɵɬɨɝɨɬɢɩɚɫɜɨɡɦɨɠɧɨɫɬɶɸɮɢɤɫɚ
ɰɢɢɧɚɡɚɦɨɤ
ɉɨɞɤɥɸɱɢɬɟɷɬɨɬɪɚɡɴɟɞɢɧɢɬɟɥɶɤɩɟɪɜɢɱɧɨɣɨɛɦɨɬɤɟɪɚɡɞɟɥɢɬɟɥɶɧɨɝɨɬɪɚɧɫɮɨɪɦɚ
ɬɨɪɚɩɪɢɜɨɞɚ ɟɫɥɢɢɫɩɨɥɶɡɭɟɬɫɹ ¶H
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ɍɋɌȺɇɈȼɄȺɂɉɈȾɄɅɘɑȿɇɂȿ
ɍɫɬɚɧɨɜɤɚɞɜɢɝɚɬɟɥɹ
ɉɪɨɜɟɪɶɬɟɱɬɨɞɜɢɝɚɬɟɥɶɫɨɨɬɜɟɬɫɬɜɭɟɬɧɨɦɢɧɚɥɭɢɫɩɨɥɶɡɭɟɦɨɝɨɩɪɢɜɨɞɚ
ɍɫɬɚɧɨɜɢɬɟɞɜɢɝɚɬɟɥɶɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɜɫɨɨɬɜɟɬɫɬɜɢɢɫɢɧɫɬɪɭɤɰɢɹɦɢɩɨɭɫɬɚɧɨɜɤɟ
ɍɞɨɫɬɨɜɟɪɶɬɟɫɶɱɬɨɫɨɟɞɢɧɹɟɦɵɟɱɚɫɬɢɢɦɟɸɬɫɨɨɬɜɟɬɫɬɜɭɸɳɟɟɜɵɪɚɜɧɢɜɚɧɢɟɜɚɥɚɫ
ɦɟɯɚɧɢɡɦɚɦɢɩɪɢɜɨɞɚɢɥɢɱɬɨɩɪɢɜɨɞɧɵɟɪɟɦɧɢɢɦɟɸɬɫɨɨɬɜɟɬɫɬɜɭɸɳɟɟɜɵɪɚɜɧɢɜɚ
ɧɢɟɲɤɢɜɥɟɧɬɚɱɬɨɛɵɫɜɟɫɬɢɤɦɢɧɢɦɭɦɭɥɢɲɧɸɸɧɚɝɪɭɡɤɭɞɜɢɝɚɬɟɥɹ
ȿɫɥɢɤɞɜɢɝɚɬɟɥɸɢɦɟɟɬɫɹɜɨɜɪɟɦɹɟɝɨɪɚɛɨɬɵɭɫɬɚɧɨɜɢɬɟɡɚɳɢɬɧɨɟɨɝɪɚɠɞɟɧɢɟɜɨ
ɤɪɭɝɜɫɟɯɜɵɫɬɭɩɚɸɳɢɯɜɪɚɳɚɸɳɢɯɫɹɱɚɫɬɟɣ
ɉɨɞɤɥɸɱɢɬɟɞɜɢɝɚɬɟɥɶɤɩɪɢɜɨɞɭɋɦ©ɉɨɞɤɥɸɱɟɧɢɟɞɜɢɝɚɬɟɥɹɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɤ
ɩɪɢɜɨɞɭª
Ɉɛɳɢɟɪɟɤɨɦɟɧɞɚɰɢɢɩɨɩɨɞɤɥɸɱɟɧɢɸ
ɈɉȺɋɇɈɋɌɖ
ɉɨɥɶɡɨɜɚɬɟɥɶɧɟɫɟɬɨɬɜɟɬɫɬɜɟɧɧɨɫɬɶɡɚɫɨɛɥɸɞɟɧɢɟɜɫɟɯɬɪɟɛɭɟɦɵɯɫɬɚɧɞɚɪɬɨɜɆɨɧɬɚɠɡɚ
ɡɟɦɥɟɧɢɟɭɫɬɚɧɨɜɤɚɪɚɡɴɟɞɢɧɢɬɟɥɟɣɢɡɚɳɢɬɚɨɬɩɟɪɟɝɪɭɡɤɢɩɨɬɨɤɭɢɦɟɸɬɨɫɨɛɟɧɧɨɜɚɠɧɨɟ
ɡɧɚɱɟɧɢɟȼɵɛɨɪɫɟɱɟɧɢɟɤɚɛɟɥɟɣɢɢɯɩɨɞɤɥɸɱɟɧɢɟɩɪɨɢɡɜɨɞɢɬɟɜɫɨɨɬɜɟɬɫɬɜɢɢɫɨɫɬɚɧɞɚɪ
ɬɚɦɢɇɟɜɵɩɨɥɧɟɧɢɟɷɬɢɯɬɪɟɛɨɜɚɧɢɣɦɨɠɟɬɩɪɢɜɟɫɬɢɤɫɟɪɶɺɡɧɵɦɬɪɚɜɦɚɦɢɥɢɫɦɟɪɬɢ
Ʉɨɧɫɬɪɭɤɬɢɜɧɨɩɪɢɜɨɞɜɵɩɨɥɧɟɧɬɚɤɢɦɨɛɪɚɡɨɦɱɬɨɜɯɨɞɧɚɹɫɟɬɶɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚɢ
ɜɵɯɨɞɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɩɨɞɤɥɸɱɚɸɬɫɹɫɜɟɪɯɭɚɭɩɪɚɜɥɹɸɳɢɟɢɫɢɝɧɚɥɶɧɵɟɩɪɨɜɨɞɚ
ɩɨɞɤɥɸɱɚɸɬɫɹɫɧɢɡɭ
ɉɨɞɤɥɸɱɟɧɢɟɫɢɝɧɚɥɶɧɵɯɩɪɨɜɨɞɨɜɞɨɥɠɧɵɜɵɩɨɥɧɹɬɶɫɹɜɨɬɞɟɥɶɧɨɦɤɚɧɚɥɟ ɬɪɭɛɟ
ɥɨɬɤɟ ɢɡɨɥɢɪɨɜɚɧɧɨɦɨɬɜɫɟɯɫɢɥɨɜɵɯɫɟɬɟɣɩɟɪɟɦɟɧɧɨɝɨɢɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɢɰɟɩɟɣ
ɭɩɪɚɜɥɟɧɢɹɋɢɝɧɚɥɶɧɵɟɩɪɨɜɨɞɚɧɟɞɨɥɠɧɵɩɨɞɤɥɸɱɚɬɫɹɩɚɪɚɥɥɟɥɶɧɨɫɩɪɨɜɨɞɚɦɢɜɵ
ɫɨɤɨɝɨɧɚɩɪɹɠɟɧɢɹɢɥɢɫɩɪɨɜɨɞɚɦɢɫɨɡɞɚɸɳɢɦɢɩɨɦɟɯɢȼɫɟɝɞɚɩɟɪɟɫɟɤɚɣɬɟɬɚɤɢɟ
ɩɪɨɜɨɞɚɩɨɞɭɝɥɨɦÛȼɫɟɫɢɝɧɚɥɶɧɵɟɩɨɞɤɥɸɱɟɧɢɹɞɨɥɠɧɵɜɵɩɨɥɧɹɬɶɫɹɥɢɛɨɜɢɬɵɦɢ
ɩɚɪɚɦɢɥɢɛɨɫɜɢɬɵɦɬɪɟɯɠɢɥɶɧɵɦɩɪɨɜɨɞɨɦɜɢɬɤɨɜɧɚɦɟɬɪɦɧɨɝɨɠɢɥɶɧɵɣɦɟɞ
ɧɵɣɦɦ ɥɢɛɨɷɤɪɚɧɢɪɨɜɚɧɧɵɦɠɢɥɶɧɵɦ 3( ɦɦ 31 ɫɧɨɦɢ
ɧɚɥɶɧɨɣɢɡɨɥɹɰɢɢȼɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚɫɞɢɚɩɚɡɨɧɨɦɬɟɦɩɟɪɚɬɭɪɵÛ&
Ⱥɧɚɥɨɝɨɜɚɹɨɛɪɚɬɧɚɹɫɜɹɡɶɬɚɯɨɝɟɧɟɪɚɬɨɪɚɞɨɥɠɧɚɩɪɨɤɥɚɞɵɜɚɬɶɫɹɜɨɬɞɟɥɶɧɨɦɤɚɧɚɥɟ
ɬɪɭɛɟɥɨɬɤɟ ɢɡɨɥɢɪɨɜɚɧɧɨɦɨɬɜɫɟɯɫɢɥɨɜɵɯɫɟɬɟɣɩɟɪɟɦɟɧɧɨɝɨɢɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɢ
ɰɟɩɟɣɥɨɝɢɱɟɫɤɨɝɨɭɩɪɚɜɥɟɧɢɹɉɨɞɤɥɸɱɟɧɢɟɞɨɥɠɧɨɩɪɨɢɡɜɨɞɢɬɶɫɹɬɚɤɠɟɤɚɤɞɥɹɫɢɝ
ɧɚɥɶɧɵɯɩɪɨɜɨɞɨɜɧɨɢɫɩɨɥɶɡɭɟɬɫɹɷɤɪɚɧɢɪɨɜɚɧɧɚɹɩɚɪɚɟɫɥɢɢɫɩɨɥɶɡɭɟɬɫɹɦɧɨɝɨ
ɠɢɥɶɧɵɣɤɚɛɟɥɶɦɦ 31 ɐɢɮɪɨɜɚɹɨɛɪɚɬɧɚɹɫɜɹɡɶɬɚɯɨɝɟɧɟɪɚɬɨɪɚ ɗɧɤɨɞɟɪɚ ɞɨɥɠɧɚɜɵɩɨɥɧɹɬɶɫɹɜɢɬɨɣɩɚɪɨɣ
ɧɟɷɤɪɚɧɢɪɨɜɚɧɧɨɣɢɞɨɥɠɧɚɜɵɩɨɥɧɹɬɶɫɹɜɨɬɞɟɥɶɧɨɦɤɚɧɚɥɟ ɬɪɭɛɟɥɨɬɤɟ ɢɡɨɥɢɪɨ
ɜɚɧɧɨɦɨɬɜɫɟɯɫɢɥɨɜɵɯɫɟɬɟɣɩɟɪɟɦɟɧɧɨɝɨɢɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɢɰɟɩɟɣɥɨɝɢɱɟɫɤɨɝɨ
ɭɩɪɚɜɥɟɧɢɹ
ɉɪɢɦɨɧɬɚɠɟɜɧɟɲɧɢɯɤɨɧɬɚɤɬɨɜɢɫɨɥɟɧɨɢɞɨɜɤɚɬɭɲɤɢɞɨɥɠɧɵɛɵɬɶɡɚɲɭɧɬɢɪɨɜɚɧɵ
ɭɫɬɪɨɣɫɬɜɚɦɢɭɦɟɧɶɲɚɸɳɢɦɢɩɨɦɟɯɢ
ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿɪɟɤɨɦɟɧɞɭɟɦɚɹɦɚɤɫɢɦɚɥɶɧɚɹɞɥɢɧɚɩɪɨɜɨɞɚɫɨɟɞɢɧɹɸɳɟɝɨ
ɩɪɢɜɨɞɫɞɜɢɝɚɬɟɥɟɦɦɟɬɪɨɜ
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ɍɋɌȺɇɈȼɄȺɂɉɈȾɄɅɘɑȿɇɂȿ
ɉɨɞɤɥɸɱɟɧɢɟɩɪɢɜɨɞɚ
Ɂɚɡɟɦɥɟɧɢɟɩɪɢɜɨɞɚɢɤɨɪɩɭɫɚɞɜɢɝɚɬɟɥɹɢɫɬɚɧɰɢɢɨɩɟɪɚɬɨɪɚɭɩɪɚɜɥɟɧɢɹ
ȼɵɩɨɥɧɹɣɬɟɡɚɡɟɦɥɟɧɢɟɨɛɨɪɭɞɨɜɚɧɢɹɡɚɡɟɦɥɹɸɳɢɦɩɪɨɜɨɞɨɦɧɟɩɪɟɪɵɜɧɵɦɜɥɸɛɨɣɬɨɱɤɟɡɚ
ɡɟɦɥɟɧɢɹɩɪɢɜɨɞɚ ɤɥɟɦɦɚ3(ɢɥɢɛɨɥɬɡɚɡɟɦɥɟɧɢɹ ɞɨɤɨɧɬɭɪɚɡɚɡɟɦɥɟɧɢɹ ɲɢɧɵɡɚɡɟɦɥɟ
ɧɢɹ ɋɨɟɞɢɧɢɬɶɫɨɨɬɜɟɬɫɬɜɭɸɳɢɣɡɚɡɟɦɥɹɸɳɢɣɩɪɨɜɨɞɨɬɤɚɠɞɨɝɨɤɚɧɚɥɚ ɬɪɭɛɵɥɨɬɤɚ ɞɨɷɬɨɣɬɨɱ
ɤɢɡɚɡɟɦɥɟɧɢɹɩɪɢɜɨɞɚȼɬɨɱɤɟɡɚɡɟɦɥɟɧɢɹɪɟɤɨɦɟɧɞɭɟɬɫɹɤɨɥɶɰɟɜɚɹɩɪɨɭɲɢɧɚ
ɋɨɟɞɢɧɢɬɶɡɚɡɟɦɥɹɸɳɢɣɩɪɨɜɨɞɨɛɨɪɭɞɨɜɚɧɢɹɫɨɫɧɨɜɚɧɢɟɦɞɜɢɝɚɬɟɥɹɤɨɪɩɭɫɨɦɬɪɚɧɫɮɨɪɦɚ
ɬɨɪɚɟɫɥɢɨɧɢɫɩɨɥɶɡɭɟɬɫɹɢɤɨɪɩɭɫɨɦɩɪɢɜɨɞɚȼɵɩɨɥɧɢɬɟɷɬɨɫɨɟɞɢɧɟɧɢɟɩɪɨɜɨɞɨɦɧɟɩɪɟ
ɪɵɜɧɵɦɞɨɲɢɧɵɡɚɡɟɦɥɟɧɢɹ
ɋɨɟɞɢɧɢɬɶ3( ɡɟɥɟɧɵɣɠɟɥɬɵɣ ɩɪɨɜɨɞɩɨɞɜɟɞɟɧɧɵɣɨɬɜɯɨɞɧɨɣɫɟɬɢɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚɫɬɨɱ
ɤɨɣɡɚɡɟɦɥɟɧɢɹɩɪɢɜɨɞɚɁɚɮɢɤɫɢɪɭɣɬɟɡɚɡɟɦɥɹɸɳɟɟɫɨɟɞɢɧɟɧɢɟ
ɉɨɞɤɥɸɱɟɧɢɟɫɢɥɨɜɨɣɫɟɬɢɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚɤɩɪɢɜɨɞɭ
ɉɊȿȾɍɉɊȿɀȾȿɇɂȿ
ɉɪɢɜɨɞɬɪɟɛɭɟɬɮɚɡɧɨɝɨɢɫɬɨɱɧɢɤɚɩɢɬɚɧɢɹ ȼ Ƚɰ ɫɦ ȿɫɥɢ
ɬɪɟɛɭɟɦɨɟɧɚɩɪɹɠɟɧɢɟɧɟɞɨɫɬɭɩɧɨɞɨɥɠɟɧɛɵɬɶɭɫɬɚɧɨɜɥɟɧɬɪɚɧɫɮɨɪɦɚɬɨɪɦɟɠɞɭɢɫɬɨɱɧɢ
ɤɨɦɩɢɬɚɧɢɹɢɩɪɢɜɨɞɨɦɇɟɫɨɟɞɢɧɹɣɬɟɩɪɢɜɨɞɫɢɫɬɨɱɧɢɤɨɦɩɢɬɚɧɢɹɩɪɟɜɵɲɚɸɳɢɦɦɚɤɫɢ
ɦɚɥɶɧɨɞɨɩɭɫɬɢɦɭɸɫɢɦɦɟɬɪɢɱɧɭɸɧɚɝɪɭɡɤɭN$ɜɨɢɡɛɟɠɚɧɢɟɜɨɡɦɨɠɧɨɫɬɢɤɨɪɨɬɤɨɝɨɡɚɦɵ
ɤɚɧɢɹɇɟɫɨɛɥɸɞɟɧɢɟɷɬɢɯɬɪɟɛɨɜɚɧɢɣɦɨɠɟɬɩɪɢɜɟɫɬɢɤɬɪɚɜɦɚɦ
ɋɟɱɟɧɢɟɩɪɨɜɨɞɨɜɩɢɬɚɸɳɟɣɫɟɬɢɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚɞɨɥɠɧɵɜɵɛɢɪɚɬɶɫɹɫɭɱɟɬɨɦɧɨɦɢɧɚɥɚ
ɤɨɧɤɪɟɬɧɨɝɨɩɪɢɜɨɞɚɢɫɨɝɥɚɫɧɨɜɫɟɦɫɨɨɬɜɟɬɫɬɜɭɸɳɢɦɫɬɚɧɞɚɪɬɚɦ
ɋɨɟɞɢɧɢɬɶɩɢɬɚɸɳɭɸɫɟɬɶɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚɱɟɪɟɡɪɚɡɴɟɞɢɧɢɬɟɥɶ ɟɫɥɢɢɫɩɨɥɶɡɭɟɬɫɹ ɢɥɢɧɟɣ
ɧɵɣɪɟɚɤɬɨɪɢɥɢɫɨɝɥɚɫɨɜɚɧɧɵɣɬɪɚɧɫɮɨɪɦɚɬɨɪɫɤɥɟɦɦɧɢɤɨɦɢɥɢɫɲɢɧɨɣɜɜɟɪɯɧɟɣɱɚɫɬɢ
ɩɪɟɨɛɪɚɡɨɜɚɬɟɥɹɢɥɢɫɪɚɡɴɟɞɢɧɢɬɟɥɟɦ
ɉɨɞɤɥɸɱɟɧɢɟɞɜɢɝɚɬɟɥɹɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɤɩɪɢɜɨɞɭ
ȼɵɛɢɪɚɣɬɟɫɟɱɟɧɢɟɩɪɨɜɨɞɚɰɟɩɢɹɤɨɪɹɞɜɢɝɚɬɟɥɹɜɫɨɨɬɜɟɬɫɬɜɢɢɫɧɨɦɢɧɚɥɨɦɤɨɧɤɪɟɬɧɨɝɨ
ɩɪɢɜɨɞɚ ɫɦɌɚɛɥɢɰɭ ɢɫɨɝɥɚɫɧɨɫɨɨɬɜɟɬɫɬɜɭɸɳɢɦɫɬɚɧɞɚɪɬɚɦɂɫɩɨɥɶɡɭɣɬɟɬɨɥɶɤɨɦɟɞ
ɧɵɣɩɪɨɜɨɞɧɨɦɢɧɚɥɨɦɝɪ&ɢɥɢɜɵɲɟ
ɉɨɞɜɟɞɢɬɟɩɪɨɜɨɞɚɹɤɨɪɹɞɜɢɝɚɬɟɥɹɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɢɩɢɬɚɧɢɹɜɨɡɛɭɠɞɟɧɢɹɤɩɪɢɜɨɞɭ
ɋɨɟɞɢɧɢɬɟɫɩɪɢɜɨɞɨɦɹɤɨɪɶɞɜɢɝɚɬɟɥɹɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɢɩɚɪɚɥɥɟɥɶɧɭɸɨɛɦɨɬɤɭɜɨɡɛɭɠɞɟ
ɧɢɹ
Ɂɚɳɢɬɚɞɜɢɝɚɬɟɥɹɨɬɩɟɪɟɝɪɭɡɨɤ
ɋɭɳɟɫɬɜɭɟɬɩɪɨɝɪɚɦɦɧɨɟɨɛɟɫɩɟɱɟɧɢɟɡɚɳɢɬɵ ɜɧɭɬɪɟɧɧɟɣ ɨɬɫɬɚɬɢɱɟɫɤɨɣɩɟɪɟɝɪɭɡɤɢȼɞɨɩɨɥɧɟ
ɧɢɟɤɩɪɨɝɪɚɦɦɧɨɦɭɨɛɟɫɩɟɱɟɧɢɸ ɜɧɭɬɪɟɧɧɟɦɭ ɤɚɤɮɭɧɤɰɢɹɡɚɳɢɬɵɨɬɩɟɪɟɝɪɭɡɤɢɦɨɠɟɬɢɫɩɨɥɶ
ɡɨɜɚɬɶɫɹɬɟɪɦɨɫɬɚɬɞɜɢɝɚɬɟɥɹɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɞɥɹɡɚɳɢɬɵɨɬɬɟɩɥɨɜɨɣɩɟɪɟɝɪɭɡɤɢɞɜɢɝɚɬɟɥɹ
ɉɨɞɜɨɞɹɳɢɟɩɪɨɜɨɞɚɬɟɪɦɨɫɬɚɬɚɜɵɜɟɞɟɧɵɱɟɪɟɡɤɥɟɦɦɧɭɸɤɨɪɨɛɤɭɞɜɢɝɚɬɟɥɹɤɚɤɩɪɨɜɨɞɚ3ɢ
3
ɗɬɢɞɜɚɩɪɨɜɨɞɚɞɨɥɠɧɵɛɵɬɶɩɨɞɤɥɸɱɟɧɵɧɚɤɥɟɦɦɵɭɩɪɚɜɥɟɧɢɹɢɩɥɚɬɵɪɟɝɭɥɹɬɨɪɚɉɨɞ
ɜɨɞɹɳɢɟɩɪɨɜɨɞɚɬɟɪɦɨɫɬɚɬɚɦɨɝɭɬɩɪɨɥɟɝɚɬɶɜɦɟɫɬɟɤɚɛɟɥɹɦɢɹɤɨɪɹɞɜɢɝɚɬɟɥɹɢɨɛɦɨɬɤɢɜɨɡɛɭɠ
ɞɟɧɢɹ
ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿɉɪɢɜɨɞɧɟɛɭɞɟɬɡɚɩɭɫɤɚɬɶɫɹɟɫɥɢɦɟɠɞɭɤɥɟɦɦɚɦɢɢɫɭɳɟɫɬɜɭ
ɟɬɪɚɡɪɵɜɰɟɩɢɋɦɊɢɫɭɧɨɤ
Ƚɥɚɜɧɵɣɤɨɧɬɚɤɬɨɪ ɋɦɫɯɟɦɵɷɥɟɤɬɪɢɱɟɫɤɢɯɫɨɟɞɢɧɟɧɢɣɪɢɫDɢE ȼɩɪɢɜɨɞɟɨɬɫɭɬɫɬɜɭɟɬɜɫɬɪɨɟɧɧɵɣɝɥɚɜɧɵɣɤɨɧɬɚɤɬɨɪ Ɇɤɨɧɬɚɤɬɨɪ ɧɚɫɢɥɨɜɨɦɜɯɨɞɟɢɥɢɜɹɤɨɪ
ɧɨɣɰɟɩɢɢɩɨɥɶɡɨɜɚɬɟɥɶɞɨɥɠɟɧɨɛɟɫɩɟɱɢɬɶɜɧɟɲɧɢɣɤɨɧɬɚɤɬɨɪɈɧɩɨɡɜɨɥɹɟɬɨɫɭɳɟɫɬɜɥɹɬɶɬɨɪ
ɦɨɠɟɧɢɟɜɵɛɟɝɨɦ Ʉɥɚɫɫ ɢɥɢɬɨɪɦɨɠɟɧɢɟɩɨɡɚɞɚɬɱɢɤɭɢɧɬɟɧɫɢɜɧɨɫɬɢ ɤɥɚɫɫɫɨɝɥɚɫɧɨ
(1Ƚɥɚɜɟ ɤɚɠɞɨɟɫɨɬɤɥɸɱɟɧɢɟɦɢɫɬɨɱɧɢɤɚɩɢɬɚɧɢɹɨɬɞɜɢɝɚɬɟɥɹ
ɉɨɫɥɟɞɨɜɚɬɟɥɶɧɨɩɨɞɤɥɸɱɟɧɧɵɣɆɤɨɧɬɚɤɬɨɪɞɨɥɠɟɧɭɩɪɚɜɥɹɬɶɫɹɤɨɧɬɚɤɬɨɦ0&5ɩɪɢɜɨɞɚɤɨɬɨ
ɪɵɣɜɵɜɟɞɟɧɧɚɤɥɟɦɦɵ;ɢ;ɧɚɤɥɟɦɦɧɢɤɟɪɚɡɦɟɳɟɧɧɨɦɜɜɟɪɯɧɟɣɱɚɫɬɢɦɨɞɭɥɹɩɢɬɚɧɢɹ
ɇɚɩɪɢɜɨɞɚɯɝɞɟɬɨɤɩɟɪɟɤɥɸɱɟɧɢɹɤɚɬɭɲɤɢɆɤɨɧɬɚɤɬɨɪɚɩɪɟɜɵɲɚɟɬɧɨɦɢɧɚɥɤɨɧɬɚɤɬɚ0&5
ȼȺɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚ9FRVϕ ɬɪɟɛɭɟɬɫɹɭɫɬɚɧɨɜɢɬɶɩɪɨɦɟɠɭɬɨɱɧɨɟɪɟɥɟɦɟɠɞɭɜɵ
ɜɨɞɨɦɤɨɧɬɚɤɬɚ0&5ɢɤɚɬɭɲɤɨɣɆɤɨɧɬɚɤɬɨɪɚ
ɇɨɪɦɚɥɶɧɨɪɚɡɨɦɤɧɭɬɵɣɞɨɩɨɥɧɢɬɟɥɶɧɵɣɤɨɧɬɚɤɬɝɥɚɜɧɨɝɨɤɨɧɬɚɤɬɨɪɚɞɨɥɠɟɧɛɵɬɶɩɨɞɤɥɸɱɟɧɧɚ
ɤɥɟɦɦɵ;ɢ;ɱɬɨɛɵɨɛɟɫɩɟɱɢɬɶɨɛɪɚɬɧɭɸɫɜɹɡɶɫɨɫɬɨɹɧɢɹɤɨɧɬɚɤɬɨɪɚ
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ɍɋɌȺɇɈȼɄȺɂɉɈȾɄɅɘɑȿɇɂȿ
Ɏɭɧɤɰɢɹɚɜɚɪɢɣɧɨɝɨɨɫɬɚɧɨɜɚ
Ⱦɥɹ ɡɚɩɪɟɳɟɧɢɹ ɛɟɫɤɨɧɬɪɨɥɶɧɨɣ ɪɚɛɨɬɵ ɦɟɯɚɧɢɡɦɚ ɜ ɫɥɭɱɚɟ ɫɛɨɹ ɩɪɢ
ɜɨɞɚ ɩɨɥɶɡɨɜɚɬɟɥɶ ɞɨɥɠɟɧ ɨɛɟɫɩɟɱɢɬɶ ɜɧɟɲɧɸɸ ɚɜɚɪɢɣɧɭɸ ɫɯɟɦɭ ɨɫ
ɬɚɧɨɜɚɝɚɪɚɧɬɢɪɭɸɳɭɸɨɬɤɥɸɱɟɧɢɟɢɫɬɨɱɧɢɤɚɩɢɬɚɧɢɹɨɬɞɜɢɝɚɬɟɥɹ
ɗɬɚ ɫɯɟɦɚ ɞɨɥɠɧɚ ɫɨɫɬɨɹɬɶ ɢɡ ɷɥɟɤɬɪɨɦɟɯɚɧɢɱɟɫɤɢɯ ɤɨɦɩɨɧɟɧɬɨɜ ɢ ɧɟ
ɞɨɥɠɧɚɡɚɜɢɫɟɬɶɨɬɷɥɟɤɬɪɨɧɧɨɣɥɨɝɢɤɢɢɥɢɩɪɨɝɪɚɦɦɧɨɝɨɨɛɟɫɩɟɱɟɧɢɹ
ɍɫɬɪɨɣɫɬɜɨ ɨɫɬɚɧɨɜɚ ɧɚɩɪɢɦɟɪ ɝɪɢɛɨɜɢɞɧɚɹ ɤɧɨɩɤɚ ɫ ɮɢɤɫɚɰɢɟɣ ɞɨɥɠɧɨɛɵɬɶɞɨɫɬɭɩɧɨɞɥɹɨɩɟɪɚɬɨɪɚ
ɇɟɜɵɩɨɥɧɟɧɢɟɷɬɢɯɬɪɟɛɨɜɚɧɢɣɦɨɠɟɬɩɪɢɜɟɫɬɢɤɩɨɪɚɠɟɧɢɸɬɨɤɨɦɢɥɢ
ɩɨɬɟɪɟɠɢɡɧɢ
ɉɨɥɶɡɨɜɚɬɟɥɶɧɟɫɺɬɨɬɜɟɬɫɬɜɟɧɧɨɫɬɶɡɚɬɨɤɚɤɜɵɩɨɥɧɟɧɚɮɭɧɤɰɢɹɚɜɚɪɢɣɧɨɝɨɨɫɬɚɧɨɜɚ
(PHUJHQF\6WRS)XQFWLRQ ɜɡɚɜɢɫɢɦɨɫɬɢɨɬɬɪɟɛɨɜɚɧɢɣɫɢɫɬɟɦɵɢɨɫɧɨɜɵɜɚɸɳɟɟɫɹɧɚɨɰɟɧɤɟ
ɨɩɚɫɧɨɫɬɢɦɟɯɚɧɢɡɦɚ
Ɉɬɤɥɸɱɟɧɢɟɢɫɬɨɱɧɢɤɚɩɢɬɚɧɢɹɨɬɞɜɢɝɚɬɟɥɹɦɨɠɟɬɛɵɬɶɞɨɫɬɢɝɧɭɬɨɧɚɩɪɢɦɟɪɨɞɧɨɣɢɡɫɥɟ
ɞɭɸɳɢɯɦɟɪ
D ȼɵɤɥɸɱɚɬɟɥɶɢɫɩɨɥɶɡɭɟɦɵɣɤɚɤɭɫɬɪɨɣɫɬɜɨɚɜɚɪɢɣɧɨɝɨɨɫɬɚɧɨɜɚ (PHUJHQF\6WRSSLQJ
'HYLFH ɥɟɝɤɨɞɨɫɬɭɩɧɵɣɨɩɟɪɚɬɨɪɭɫɪɭɱɧɵɦɭɩɪɚɜɥɟɧɢɟɦɢɥɢ
ɫɞɢɫɬɚɧɰɢɨɧɧɵɦɭɩɪɚɜɥɟɧɢɟɦɬɟɨɬɤɥɸɱɚɟɬɤɚɬɭɲɤɭɩɨɧɢɠɟɧɧɨɝɨɧɚɩɪɹɠɟɧɢɹɜɵ
ɫɬɭɩɚɸɳɟɣɝɪɢɛɨɜɢɞɧɨɣɤɧɨɩɤɨɣ
E ȼɵɤɥɸɱɚɬɟɥɶɧɟɢɫɩɨɥɶɡɭɟɦɵɣɤɚɤɭɫɬɪɨɣɫɬɜɨɚɜɚɪɢɣɧɨɝɨɨɫɬɚɧɨɜɚ (PHUJHQF\
6WRSSLQJ'HYLFH ɭɫɬɪɨɣɫɬɜɨɚɜɚɪɢɣɧɨɝɨɨɫɬɚɧɨɜɚ ɜɵɫɬɭɩɚɸɳɚɹɝɪɢɛɨɜɢɞɧɚɹɤɧɨɩɤɚ ɩɪɟɪɵɜɚɟɬ
ɫɯɟɦɭɭɩɪɚɜɥɟɧɢɹɢɪɚɡɪɟɲɚɟɬɫɹɨɫɬɚɧɨɜɜɵɛɟɝɨɦɫɨɝɥɚɫɧɨɄɥɚɫɫɭ
ɋɯɟɦɚɷɥɟɤɬɪɢɱɟɫɤɢɯɫɨɟɞɢɧɟɧɢɣɉɪɢɦɟɪɞɥɹɫɥɭɱɚɹE ɩɨɤɚɡɵɜɚɟɬɫɹɜɊɢɫɭɧɤɚɯDɢ
E
ȾȿɃɋɌȼɂȿɉɪɢɜɟɞɟɧɢɟɜɞɟɣɫɬɜɢɟɤɧɨɩɤɢȺɜɚɪɢɣɧɵɣɨɫɬɚɧɨɜ (PHUJHQF\6WRS ɜɨɜɪɟ
ɦɹɪɚɛɨɬɵɜɵɡɵɜɚɟɬɧɟɦɟɞɥɟɧɧɨɟɨɬɤɥɸɱɟɧɢɟɪɟɥɟ.ɪɚɡɦɵɤɚɧɢɟɧɨɪɦɚɥɶɧɨɪɚ
ɡɨɦɤɧɭɬɨɝɨɤɨɧɬɚɤɬɚɧɚɜɯɨɞɧɨɣɤɥɟɦɦɟɢɛɥɨɤɢɪɨɜɤɭɪɟɝɭɥɹɬɨɪɚɉɪɢɧɭɥɟɜɨɦɬɨɤɟ
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ɭɫɬɚɧɚɜɥɢɜɚɬɶɧɚɫɬɪɚɢɜɚɬɶɷɤɫɩɥɭɚɬɢɪɨɜɚɬɶɢɢɥɢɨɛɫɥɭɠɢɜɚɬɶɷɬɨɨɛɨɪɭɞɨɜɚɧɢɟɉɟɪɟɞ
ɩɪɨɞɨɥɠɟɧɢɟɦɪɚɛɨɬɵɩɨɥɧɨɫɬɶɸɩɪɨɱɢɬɚɣɬɟɢɭɹɫɧɢɬɟɷɬɨɬɩɚɪɚɝɪɚɮɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨ
ɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤɬɪɚɜɦɚɦɩɟɪɫɨɧɚɥɚɢɢɥɢɩɨɜɪɟɠɞɟɧɢɸɨɛɨɪɭɞɨɜɚɧɢɹ
ȼɜɟɞɟɧɢɟ
ȼɷɬɨɦɩɚɪɚɝɪɚɮɟɩɨɞɪɨɛɧɨɨɩɢɫɚɧɵɭɫɬɚɧɨɜɤɚɢɨɛɫɥɭɠɢɜɚɧɢɟɩɪɢɜɨɞɚɁɚɩɢɲɢɬɟɤɨ
ɧɟɱɧɵɟɭɫɬɚɜɤɢɜɌɚɛɥɢɰɭ
ɇɟɨɛɯɨɞɢɦɨɟɬɟɫɬɢɪɭɸɳɟɟɨɛɨɪɭɞɨɜɚɧɢɟ
ɉɊȿȾɈɋɌȿɊȿɀȿɇɂȿ
ɇɟɢɫɩɨɥɶɡɭɣɬɟɦɟɝɨɦɦɟɬɪɞɥɹɩɪɨɜɟɪɤɢɰɟɥɨɫɬɧɨɫɬɢɩɪɢɜɨɞɚȼɵɫɨɤɨɟɧɚɩɪɹɠɟɧɢɟɦɟɝɨɦ
ɦɟɬɪɚɦɨɠɟɬɩɨɜɪɟɞɢɬɶɷɥɟɤɬɪɨɧɧɵɟɰɟɩɢɩɪɢɜɨɞɚɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬ
ɩɪɢɜɟɫɬɢɤɩɨɜɪɟɠɞɟɧɢɸɨɛɨɪɭɞɨɜɚɧɢɹɢɥɢɟɝɨɩɨɥɧɨɣɩɨɥɨɦɤɟ
ɆɨɠɟɬɢɫɩɨɥɶɡɨɜɚɬɶɫɹɜɨɥɶɬɨɦɦɟɬɪɢɦɟɸɳɢɣɱɭɜɫɬɜɢɬɟɥɶɧɨɫɬɶɈɦɨɜɧɚȼɨɥɶɬ
ɉɪɨɜɟɪɤɚɩɪɢɜɵɤɥɸɱɟɧɧɨɦɩɢɬɚɧɢɢ
Ɉɫɦɨɬɪɢɬɟɩɪɢɜɨɞɢɩɨɞɤɥɸɱɟɧɧɵɟɤɨɦɩɥɟɤɬɵɨɛɨɪɭɞɨɜɚɧɢɹɤɨɧɬɪɨɥɢɪɭɹɜɨɡɦɨɠɧɨɟ
ɮɢɡɢɱɟɫɤɨɟɩɨɜɪɟɠɞɟɧɢɟɢɥɢɨɲɢɛɨɱɧɵɟɫɨɟɞɢɧɟɧɢɹ
ɉɪɨɜɟɪɶɬɟɱɬɨɩɪɨɜɨɞɜɦɟɫɬɚɯɩɨɞɤɥɸɱɟɧɢɹɫɩɨɫɬɨɦɨɩɟɪɚɬɨɪɚɢɩɪɢɜɨɞɨɦɢɦɟɟɬɞɨɫ
ɬɚɬɨɱɧɭɸɧɟɢɡɨɥɢɪɨɜɚɧɧɭɸɱɚɫɬɶɨɛɟɫɩɟɱɢɜɚɸɳɭɸɯɨɪɨɲɢɣɷɥɟɤɬɪɢɱɟɫɤɢɣɤɨɧɬɚɤɬɈɞ
ɧɚɤɨɱɪɟɡɦɟɪɧɵɟɧɟɢɡɨɥɢɪɨɜɚɧɧɵɟɤɨɧɰɵɩɪɨɜɨɞɨɜɧɟɫɭɬɨɩɚɫɧɨɫɬɶɩɨɪɚɠɟɧɢɹɷɥɟɤɬɪɢ
ɱɟɫɤɢɦɬɨɤɨɦɢɥɢɤɨɪɨɬɤɨɝɨɡɚɦɵɤɚɧɢɹ
ɉɪɨɜɟɪɤɚɨɬɫɭɬɫɬɜɢɹɫɨɟɞɢɧɟɧɢɹɞɜɢɝɚɬɟɥɹɫɡɟɦɥɟɣ
ɉɊȿȾɈɋɌȿɊȿɀȿɇɂȿ
Ɇɟɝɨɦɦɟɬɪɦɨɠɟɬɢɫɩɨɥɶɡɨɜɚɬɶɫɹɞɥɹɩɪɨɜɟɪɤɢɨɬɫɭɬɫɬɜɢɹɫɨɟɞɢɧɟɧɢɹɞɜɢɝɚɬɟɥɹɫɡɟɦɥɺɣ
ɧɨɜɫɟɩɪɨɜɨɞɚɦɟɠɞɭɞɜɢɝɚɬɟɥɟɦɢɩɪɢɜɨɞɨɦɞɨɥɠɧɵɛɵɬɶɨɬɤɥɸɱɟɧɵȼɵɫɨɤɨɟɧɚɩɪɹɠɟɧɢɟ
ɦɟɝɨɦɦɟɬɪɚɦɨɠɟɬɩɨɜɪɟɞɢɬɶɷɥɟɤɬɪɨɧɧɵɟɰɟɩɢɩɪɢɜɨɞɚɉɟɪɟɞɢɫɩɨɥɶɡɨɜɚɧɢɟɦɦɟɝɨɦɦɟɬɪɚ
ɞɥɹɩɪɨɜɟɪɤɢɨɬɫɭɬɫɬɜɢɹɫɨɟɞɢɧɟɧɢɹɞɜɢɝɚɬɟɥɹɫɡɟɦɥɺɣɧɟɨɛɯɨɞɢɦɨɨɬɤɥɸɱɢɬɶɜɫɟɩɪɨɜɨɞɚ
ɦɟɠɞɭɞɜɢɝɚɬɟɥɟɦɢɩɪɢɜɨɞɨɦɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤɩɨɜɪɟɠɞɟ
ɧɢɸɨɛɨɪɭɞɨɜɚɧɢɹɢɥɢɟɝɨɩɨɥɧɨɣɩɨɥɨɦɤɟ
Ʉɨɪɩɭɫɞɜɢɝɚɬɟɥɹɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɢɤɚɛɟɥɶɧɵɣɬɪɭɛɨɩɪɨɜɨɞɞɨɥɠɧɵɢɦɟɬɶɤɚɱɟɫɬɜɟɧ
ɧɨɟɡɚɡɟɦɥɟɧɢɟɤɨɬɨɪɨɟɞɨɥɠɧɨɛɵɬɶɜɵɩɨɥɧɟɧɨɜɫɨɨɬɜɟɬɫɬɜɢɢɫɢɧɫɬɪɭɤɰɢɟɣɩɨɞɜɢɝɚ
ɬɟɥɸ
ɉɪɨɜɟɪɶɬɟɨɬɫɭɬɫɬɜɢɟɤɨɧɬɚɤɬɚɫɡɟɦɥɺɣɜɰɟɩɹɯɹɤɨɪɹɞɜɢɝɚɬɟɥɹɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɩɚ
ɪɚɥɥɟɥɶɧɨɣɨɛɦɨɬɤɢɜɨɡɛɭɠɞɟɧɢɹɢɥɢɬɟɪɦɨɫɬɚɬɚɋɨɟɞɢɧɢɬɟɨɞɢɧɢɡɦɟɪɢɬɟɥɶɧɵɣɲɧɭɪ
ɫɬɚɧɞɚɪɬɧɨɝɨɨɦɦɟɬɪɚɫɤɨɪɩɭɫɨɦɞɜɢɝɚɬɟɥɹɚɞɪɭɝɨɣɫɞɜɭɦɹɹɤɨɪɧɵɦɢɤɨɧɰɚɦɢɡɚ
ɬɟɦɫɞɜɭɦɹɤɨɧɰɚɦɢɨɛɦɨɬɤɢɜɨɡɛɭɠɞɟɧɢɹɢɧɚɤɨɧɟɰɫɞɜɭɦɹɤɨɧɰɚɦɢɬɟɪɦɨɫɬɚɬɚȿɫ
ɥɢɩɨɤɚɡɚɧɢɹɩɪɢɛɨɪɚɛɭɞɭɬɦɟɧɶɲɟɈɦɨɜɰɟɩɢɞɜɢɝɚɬɟɥɹɫɨɟɞɢɧɟɧɵɫɡɟɦɥɺɣ
ɗɬɚɧɟɢɫɩɪɚɜɧɨɫɬɶɞɨɥɠɧɚɛɵɬɶɭɫɬɪɚɧɟɧɚɩɟɪɟɞɩɨɞɚɱɟɣɫɢɥɨɜɨɝɨɧɚɩɪɹɠɟɧɢɹ
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ɍɋɌȺɇɈȼɄȺɂɇȺɋɌɊɈɃɄȺɉɊɂȼɈȾȺ
ɍɫɬɚɧɨɜɤɢɩɟɪɟɦɵɱɟɤ
ɍɫɬɚɧɨɜɤɢɩɟɪɟɦɵɱɟɤɩɪɢɜɨɞɚ)OH[3DNɨɩɪɟɞɟɥɹɟɬɬɢɩɪɟɝɭɥɹɬɨɪɚɩɪɨɝɪɚɦɦɢɪɭɸɬ
ɡɚɳɢɬɭɨɩɪɟɞɟɥɹɸɬɭɫɬɚɜɤɢɜɨɡɛɭɠɞɟɧɢɹɡɚɞɚɧɢɟɞɥɹɚɜɬɨɦɚɬɢɱɟɫɤɢɯɢɮɢɡɢɱɟɫɤɢɯ
ɪɟɠɢɦɨɜɞɢɚɩɚɡɨɧɧɚɩɪɹɠɟɧɢɹɬɚɯɨɝɟɧɟɪɚɬɨɪɚɢɦɚɫɲɬɚɛɨɛɪɚɬɧɨɣɫɜɹɡɢɹɤɨɪɹ
• ɑɟɪɟɡ2,0ɩɪɨɜɟɪɶɬɟɭɫɬɚɧɨɜɤɢɩɟɪɟɦɵɱɟɤɞɥɹ--ɢ-ɜɩɨɞɦɟɧɸ©ɉɪɚɜɢɥɶ
ɧɵɟɩɨɡɢɰɢɢɩɟɪɟɦɵɱɟɤɦɚɫɲɬɚɛɢɪɨɜɚɧɢɹª &RUUHFW6FDOLQJ-XPSHU3RVLWLRQV ɦɟɧɸ
©ɂɧɮɨɪɦɚɰɢɹɩɪɢɜɨɞɚª 'ULYH,QIRUPDWLRQ Ɂɚɩɢɲɢɬɟɷɬɢɭɫɬɚɧɨɜɤɢɢɭɞɨɫɬɨɜɟɪɶɬɟɫɶ
ɱɬɨɮɚɤɬɢɱɟɫɤɨɟɫɨɫɬɨɹɧɢɟɩɟɪɟɦɵɱɟɤɫɨɨɬɜɟɬɫɬɜɭɟɬɷɬɢɦɭɫɬɚɧɨɜɤɚɦ
• ɑɟɪɟɡ2,0ɩɪɨɜɟɪɶɬɟɬɟɤɭɳɢɟɭɫɬɚɧɨɜɤɢɞɥɹ--ɢ-ɜɦɟɧɸ©ɂɧɮɨɪɦɚɰɢɢ
ɩɪɢɜɨɞɚª 'ULYH,QIRUPDWLRQ ȿɫɥɢɷɬɢɭɫɬɚɧɨɜɤɢɫɨɨɬɜɟɬɫɬɜɭɸɬɜɚɲɟɣɫɢɫɬɟɦɟȼɵɧɟ
ɞɨɥɠɧɵɢɯɢɡɦɟɧɹɬɶ
ɈɉȺɋɇɈɋɌɖ
Ʉɨɝɞɚɤɩɪɢɜɨɞɭɩɨɞɤɥɸɱɟɧɨɫɢɥɨɜɨɟɩɟɪɟɦɟɧɧɨɟɧɚɩɪɹɠɟɧɢɟɤɨɛɨɪɭɞɨɜɚɧɢɸɩɪɢɥɨɠɟɧɨɥɢ
ɧɟɣɧɨɟɧɚɩɪɹɠɟɧɢɟɉɟɪɟɞɬɟɦɤɚɤɩɪɨɞɨɥɠɢɬɶɭɫɬɚɧɨɜɤɭɩɪɢɜɨɞɚɧɟɨɛɯɨɞɢɦɨɨɬɤɥɸɱɢɬɶɢ
ɡɚɛɥɨɤɢɪɨɜɚɬɶɩɨɫɬɭɩɚɸɳɟɟɤɩɪɢɜɨɞɭɫɢɥɨɜɨɟɧɚɩɪɹɠɟɧɢɟɉɨɫɥɟɬɨɝɨɤɚɤɫɢɥɨɜɨɟɧɚɩɪɹɠɟ
ɧɢɟɨɬɤɥɸɱɟɧɨɩɟɪɟɞɩɪɢɤɚɫɚɧɢɟɦɤɥɸɛɵɦɜɧɭɬɪɟɧɧɢɦɱɚɫɬɹɦɩɪɢɜɨɞɚɩɪɨɜɟɪɹɣɬɟɫɩɨɦɨ
ɳɶɸɜɨɥɶɬɦɟɬɪɚɨɬɫɭɬɫɬɜɢɟɧɚɩɪɹɠɟɧɢɹɧɚɫɢɥɨɜɵɯɤɥɟɦɦɚɯ89ɢ:ɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨ
ɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤɬɪɚɜɦɚɦɩɟɪɫɨɧɚɥɚ
ɉɊȿȾɈɋɌȿɊȿɀȿɇɂȿ
Ʉɪɨɦɟɬɨɝɨɫɢɥɨɜɨɟɩɢɬɚɧɢɟɞɨɥɠɧɨɛɵɬɶɨɬɤɥɸɱɟɧɨɩɟɪɟɞɢɡɦɟɧɟɧɢɟɦɫɨɫɬɨɹɧɢɹɥɸɛɨɣɩɟ
ɪɟɦɵɱɤɢɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤɩɨɜɪɟɠɞɟɧɢɸɨɛɨɪɭɞɨɜɚɧɢɹɢɥɢ
ɟɝɨɩɨɥɧɨɣɩɨɥɨɦɤɟ
ɉɟɪɟɦɵɱɤɢɩɪɢɜɤɥɸɱɟɧɧɨɦɩɢɬɚɧɢɢɞɨɫɬɭɩɧɵɬɨɥɶɤɨɞɥɹɱɬɟɧɢɹɩɨɷɬɨɦɭɧɨɜɵɟɭɫɬɚɜɤɢ
ɩɟɪɟɦɵɱɟɤɩɪɢɜɨɞɜɨɫɩɪɢɦɟɬɬɨɥɶɤɨɩɨɫɥɟɩɨɜɬɨɪɧɨɝɨɜɤɥɸɱɟɧɢɹɫɢɥɨɜɨɝɨɩɢɬɚɧɢɹ
Ɉɬɤɥɸɱɢɬɶɫɢɥɨɜɨɟɩɢɬɚɧɢɟɨɬɩɪɢɜɨɞɚ
ɍɞɚɥɢɬɶɤɪɵɲɤɭɢɜɫɩɨɦɨɝɚɬɟɥɶɧɭɸɤɥɚɜɢɚɬɭɪɭ
ɉɟɪɟɦɵɱɤɢɪɚɡɦɟɳɟɧɵɧɚɩɥɚɬɟɪɟɝɭɥɹɬɨɪɚɇɚɪɢɫɭɧɤɟɩɨɤɚɡɚɧɨɪɚɫɩɨɥɨɠɟɧɢɟ
ɩɟɪɟɦɵɱɟɤ
ɂɡɦɟɧɢɬɶɭɫɬɚɧɨɜɤɭɩɟɪɟɦɵɱɟɤɤɚɤɨɩɢɫɚɧɨɜɫɥɟɞɭɸɳɢɯɩɚɪɚɝɪɚɮɚɯɜɫɨɨɬɜɟɬɫɬɜɢɢ
ɫɬɪɟɛɨɜɚɧɢɹɦɢɜɚɲɟɣɡɚɞɚɱɢɁɚɩɢɲɢɬɟɤɨɧɟɱɧɵɟɭɫɬɚɜɤɢɜɌɚɛɥɢɰɭ
Ɍɚɛɥɢɰɚɍɫɬɚɜɤɢɩɟɪɟɦɵɱɟɤɢɩɚɪɚɦɟɬɪɵɧɚɫɬɪɨɣɤɢ
ɉȿɊȿɆɕɑɄȺɉȺɊȺɆȿɌɊɇȺɋɌɊɈɃɄɂ
- ɌɂɉɊȿȽɍɅəɌɈɊȺ - ɉɊɈȽɊȺɆɆɂɊɈȼȺɇɂȿɋ2,0 - ɈȻɇȺɊɍɀȿɇɂȿɂɋɑȿɁɇɈȼȿɇɂȿȼɈɁȻɍɀȾȿɇɂə - ɉɂɌȺɇɂȿȼɈɁȻɍɀȾȿɇɂə - ɊɍɑɇɈȿɁȺȾȺɇɂȿ - ȾɂȺɉȺɁɈɇɇȺɉɊəɀȿɇɂəɌȺɏɈȽȿɇȿɊȺɌɈɊȺ - ɆȺɋɒɌȺȻɇȺɉɊəɀȿɇɂəɌȺɏɈȽȿɇȿɊȺɌɈɊȺ - ɈȻɇȺɊɍɀȿɇɂȿɈȻɊɕȼȺɌȺɏɈȽȿɇȿɊȺɌɈɊȺ - ȺȼɌɈɆȺɌɂɑȿɋɄɈȿɁȺȾȺɇɂȿ - ȺȼɌɈɆȺɌɂɑȿɋɄɈȿɁȺȾȺɇɂȿ - ɆȺɋɒɌȺȻɂɊɈȼȺɇɂȿɈȻɊȺɌɇɈɃɋȼəɁɂɌɈɄȺəɄɈɊə - ȼɕȻɈɊɎɂɅɖɌɊȺ -ɂɇɌȿɊɎȿɃɋɉɂɌȺɇɂə
--ɡɚɪɟɡɟɪɜɢɪɨɜɚɧɵ
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ɇɂȿ ɉɪɢɨɛɧɚɪɭɠɟɧɢɢɨɛɪɵɜɚɬɚɯɨɝɟɧɟɪɚɬɨɪɚɩɨɹɜɢɬɫɹɧɟɢɫɩɪɚɜɧɨɫɬɶɢɩɪɢɜɨɞɨɫɬɚɧɨɜɢɬɫɹ
ɑɬɨɛɵɢɝɧɨɪɢɪɨɜɚɬɶɨɛɪɵɜɬɚɯɨɝɟɧɟɪɚɬɨɪɚɭɫɬɚɧɨɜɢɬɟɩɟɪɟɦɵɱɤɭɧɚɲɬɵɪɶɤɢɢ ɁȺɉɊȿɌ Ȼɭ
ɞɟɬɢɝɧɨɪɢɪɨɜɚɬɶɫɹɥɸɛɨɣɨɛɪɵɜɬɚɯɨɝɟɧɟɪɚɬɨɪɚɢɥɢɪɚɡɦɵɤɚɧɢɟɰɟɩɢɹɤɨɪɹ
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ɍɋɌȺɇɈȼɄȺɂɇȺɋɌɊɈɃɄȺɉɊɂȼɈȾȺ
ɉɨɞɤɥɸɱɟɧɢɟɩɟɪɟɦɵɱɤɢɩɢɬɚɧɢɹɜɨɡɛɭɠɞɟɧɢɹ ),(/'6833/< ɉɟɪɟɦɵɱɤɚ
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ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿɗɬɚɩɟɪɟɦɵɱɤɚɧɟɜɥɢɹɟɬɧɚɫɬɚɧɞɚɪɬɧɨɟɩɢɬɚɧɢɟɜɨɡɛɭɠɞɟɧɢɹɢɧɚ
ɪɟɝɭɥɹɬɨɪɬɨɤɚɜɨɡɛɭɠɞɟɧɢɹ
ɉɟɪɟɦɵɱɤɚ),(/)6833/< - ɨɩɪɟɞɟɥɹɟɬɞɢɚɩɚɡɨɧɧɚɩɪɹɠɟɧɢɹɫɤɨɬɨɪɵɦɩɪɢɜɨɞɛɭɞɟɬɪɚɛɨ
ɬɚɬɶɩɪɢɭɫɬɚɧɨɜɥɟɧɧɨɦɞɨɩɨɥɧɢɬɟɥɶɧɨɦɤɨɦɩɥɟɤɬɟɄɨɧɬɪɨɥɥɟɪɚɧɚɩɪɹɠɟɧɢɹɜɨɡɛɭɠɞɟɧɢɹɈɛɪɚ
ɬɢɬɟɫɶɤ,0¶ɞɥɹɩɨɥɭɱɟɧɢɹɩɨɞɪɨɛɧɨɣɢɧɮɨɪɦɚɰɢɢɨɛɷɬɨɦɤɨɦɩɥɟɤɬɟɉɨɥɨɠɟɧɢɟɷɬɨɣ
ɩɟɪɟɦɵɱɤɢɞɨɥɠɧɨɫɨɨɬɜɟɬɫɬɜɨɜɚɬɶɞɢɚɩɚɡɨɧɭɧɚɩɪɹɠɟɧɢɹɜɵɛɪɚɧɧɨɦɭɱɟɪɟɡɩɨɞɤɥɸɱɟɧɢɟɩɟɪɟ
ɦɵɱɟɤɧɚɞɨɩɨɥɧɢɬɟɥɶɧɨɦɄɨɧɬɪɨɥɥɟɪɟɧɚɩɪɹɠɟɧɢɹɜɨɡɛɭɠɞɟɧɢɹ
ɉɨɞɤɥɸɱɟɧɢɟɩɟɪɟɦɵɱɟɤ
%&
$&
Ⱦɢɚɩɚɡɨɧɩɨɫɬɨɹɧɧɨɝɨɧɚɩɪɹɠɟɧɢɹɜɨɡɛɭɠɞɟɧɢɹ Ɉɬɩɟɪɟɦɟɧɧɨɝɨɧɚɩɪɹɠɟɧɢɹɞɨɩɟɪɟɦɟɧɧɨɝɨɧɚɩɪɹɠɟɧɢɹ
Ɉɬɩɟɪɟɦɟɧɧɨɝɨɧɚɩɪɹɠɟɧɢɹɞɨɩɟɪɟɦɟɧɧɨɝɨɧɚɩɪɹɠɟɧɢɹ
ɉɟɪɟɦɟɧɧɨɟɧɚɩɪɹɠɟɧɢɟɫɪɟɞɧɟɤɜɚɞɪɚɬɢɱɧɨɟɥɢɧɟɣɧɨɟɧɚɩɪɹɠɟɧɢɟɧɚɤɥɟɦɦɚɯ9ɢ:
ɍɫɬɚɜɤɚɢɫɬɨɱɧɢɤɚɞɥɹɪɟɠɢɦɚɪɭɱɧɨɝɨɡɚɞɚɧɢɹ 0$18$/5() ɉɟɪɟɦɵɱɤɚ
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ɉɊȿȾɈɋɌȿɊȿɀȿɇɂȿɩɪɢɜɨɞɧɟɛɭɞɟɬɪɚɛɨɬɚɬɶɧɚɬɪɟɛɭɟɦɨɣɫɤɨɪɨɫɬɢɟɫɥɢɷɬɚɩɟɪɟɦɵɱɤɚɧɟɫɬɨɢɬɜ
ɩɪɚɜɢɥɶɧɨɣɩɨɡɢɰɢɢɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤɩɨɜɪɟɠɞɟɧɢɸɨɛɨɪɭɞɨɜɚɧɢɹɢɥɢ
ɟɝɨɩɨɥɧɨɣɩɨɥɨɦɤɟ
ɉɟɪɟɦɵɱɤɚ0$18$/5() - ɨɩɪɟɞɟɥɹɟɬɢɫɩɨɥɶɡɭɟɬɫɹɥɢɜɧɭɬɪɟɧɧɢɣȼɢɡɨɥɢɪɨɜɚɧɧɵɣɢɫ
ɬɨɱɧɢɤɩɢɬɚɧɢɹɢɥɢɜɧɟɲɧɢɣȼɢɫɬɨɱɧɢɤɞɥɹɪɟɠɢɦɚɪɭɱɧɨɝɨɡɚɞɚɧɢɹ
Ⱦɥɹɢɫɩɨɥɶɡɨɜɚɧɢɹɜɧɭɬɪɟɧɧɟɝɨȼɢɫɬɨɱɧɢɤɚɩɢɬɚɧɢɹɞɥɹɩɨɬɟɧɰɢɨɦɟɬɪɚɪɭɱɧɨɝɨɡɚɞɚɧɢɹɭɫ
ɬɚɧɨɜɢɬɟɩɟɪɟɦɵɱɤɭɧɚɲɬɵɪɶɤɢɢ 327 ɂɫɩɨɥɶɡɭɟɬɫɹɩɢɬɚɧɢɟɜɵɜɟɞɟɧɧɨɟɧɚɤɥɟɦɦɭɩɥɚ
ɬɵɪɟɝɭɥɢɪɨɜɚɧɢɹ
Ⱦɥɹɢɫɩɨɥɶɡɨɜɚɧɢɹɜɧɟɲɧɟɝɨȼɢɫɬɨɱɧɢɤɚɭɫɬɚɧɨɜɢɬɟɩɟɪɟɦɵɱɤɭɧɚɲɬɵɪɶɤɢɢ (;7 ȼɧɟɲɧɟɟɡɚɞɚɧɢɟɩɨɞɤɥɸɱɚɟɬɫɹɧɚɤɥɟɦɦɵɢɩɥɚɬɵɪɟɝɭɥɢɪɨɜɚɧɢɹ
ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿɗɬɨɬɜɯɨɞɦɨɠɟɬɢɫɩɨɥɶɡɨɜɚɬɶɫɹɜɤɚɱɟɫɬɜɟɩɨɞɫɬɪɨɟɱɧɨɝɨɜɪɟɠɢɦɟ
ɚɜɬɨɦɚɬɢɱɟɫɤɨɝɨɡɚɞɚɧɢɹɫɤɨɪɨɫɬɢɍɫɬɚɧɨɜɢɬɟɩɟɪɟɦɵɱɤɭɧɚɤɥɟɦɦɵɢ (;7 ɢɢɫɩɨɥɶ
ɡɭɣɬɟɡɚɞɚɧɢɟ±ȼ
ɍɫɬɚɜɤɚɞɢɚɩɚɡɨɧɚɧɚɩɪɹɠɟɧɢɹɬɚɯɨɝɟɧɟɪɚɬɨɪɚ 7$&+95$1*( ɉɟɪɟɦɵɱ
ɤɚ-ɢɆɚɫɲɬɚɛɧɚɩɪɹɠɟɧɢɹɬɚɯɨɝɟɧɟɪɚɬɨɪɚ 7$&+96&$/( ɉɟɪɟɦɵɱɤɚ
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ɍɫɬɚɧɨɜɢɬɟɩɟɪɟɦɵɱɤɚɦɢ7$&+95$1*( - ɢ7$&+96&$/( - ɞɢɚɩɚɡɨɧɧɚɩɪɹɠɟɧɢɹɢ
ɦɚɫɲɬɚɛɚɧɚɥɨɝɨɜɨɝɨɬɚɯɨɝɟɧɟɪɚɬɨɪɚ
ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿɗɬɚɩɟɪɟɦɵɱɤɚɢɝɧɨɪɢɪɭɟɬɫɹɟɫɥɢɧɟɢɫɩɨɥɶɡɭɟɬɫɹɚɧɚɥɨɝɨɜɵɣɬɚɯɨ
ɝɟɧɟɪɚɬɨɪɢɟɫɥɢȼɕȻɈɊɈȻɊȺɌɇɈɃɋȼəɁɂɧɟɭɫɬɚɧɨɜɥɟɧɜ'&7$&+ɢɥɢ$&7$&+
ɉɊȿȾɈɋɌȿɊȿɀȿɇɂȿɩɪɢɜɨɞɧɟɛɭɞɟɬɪɚɛɨɬɚɬɶɧɚɬɪɟɛɭɟɦɨɣɫɤɨɪɨɫɬɢɟɫɥɢɷɬɚɩɟɪɟɦɵɱɤɚɧɟɫɬɨɢɬɜ
ɩɪɚɜɢɥɶɧɨɣɩɨɡɢɰɢɢɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤɩɨɜɪɟɠɞɟɧɢɸɨɛɨɪɭɞɨɜɚɧɢɹɢɥɢ
ɟɝɨɩɨɥɧɨɣɩɨɥɨɦɤɟ
ȼɨɜɪɟɦɹɩɪɨɰɟɞɭɪɵ©Ȼɵɫɬɪɨɝɨɩɭɫɤɚªɩɪɢɜɨɞɜɵɱɢɫɥɹɟɬɞɢɚɩɚɡɨɧɬɚɯɨɝɟɧɟɪɚɬɨɪɚɨɫɧɨɜɵɜɚɹɫɶ
ɧɚɜɟɥɢɱɢɧɚɯɦɚɤɫɢɦɚɥɶɧɨɣɫɤɨɪɨɫɬɢ 72363((' ɢɧɚɩɪɹɠɟɧɢɹɨɛɪɚɬɧɨɣɫɜɹɡɢ $1/*7$&.
92/76 ɢɭɫɬɚɜɤɟɜɵɛɨɪɚɨɛɪɚɬɧɨɣɫɜɹɡɢ )(('%$&.6(/(&7 ɉɪɚɜɢɥɶɧɵɟɡɧɚɱɟɧɢɹɩɨɤɚ
ɡɚɧɵɧɚɷɤɪɚɧɟ©ɉɪɚɜɢɥɶɧɵɟɩɨɡɢɰɢɢɩɟɪɟɦɵɱɟɤɦɚɫɲɬɚɛɢɪɨɜɚɧɢɹª &RUUHFW6FDOLQJ-XPSHU
3RVLWLRQV ɉɪɨɜɟɪɶɬɟɷɬɢɭɫɬɚɧɨɜɤɢɞɨɜɵɩɨɥɧɟɧɢɹɩɪɨɰɟɞɭɪɵɋɚɦɨɧɚɫɬɪɨɣɤɢ
Ɍɪɟɛɭɟɦɵɣɚɧɚɥɨɝɨɜɵɣɞɢɚɩɚɡɨɧɧɚɩɪɹɠɟɧɢɹɬɚɯɨɝɟɧɟɪɚɬɨɪɚɦɨɠɟɬɛɵɬɶɭɫɬɚɧɨɜɥɟɧɦɚɤɫɢɦɚɥɶ
ɧɨɜɢɥɢȼɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚ-ɜɵɛɢɪɚɟɬɚɩɩɚɪɚɬɧɭɸɫɯɟɦɧɭɸɱɚɫɬɶɞɥɹɞɨɫɬɢɠɟɧɢɹɦɚɤ
ɫɢɦɚɥɶɧɨɝɨɪɚɡɪɟɲɟɧɢɹɜɩɨɥɧɨɦɞɢɚɩɚɡɨɧɟɫɤɨɪɨɫɬɟɣ
ɇɚɩɪɹɠɟɧɢɟɬɚɯɨɝɟɧɟɪɚɬɨɪɚɧɚɦɚɤɫɢɦɚɥɶɧɨɣɫɤɨɪɨɫɬɢȼɨɥɶɬ
ɇɚɩɪɹɠɟɧɢɟɬɚɯɨɝɟɧɟɪɚɬɨɪɚɧɚɦɚɤɫɢɦɚɥɶɧɨɣɫɤɨɪɨɫɬɢȼɨɥɶɬ
ɇɚɩɪɹɠɟɧɢɟɬɚɯɨɝɟɧɟɪɚɬɨɪɚɧɚɦɚɤɫɢɦɚɥɶɧɨɣɫɤɨɪɨɫɬɢȼɨɥɶɬɚ
ɇɚɩɪɹɠɟɧɢɟɬɚɯɨɝɟɧɟɪɚɬɨɪɚɧɚɦɚɤɫɢɦɚɥɶɧɨɣɫɤɨɪɨɫɬɢȼɨɥɶɬ
ɇɚɩɪɹɠɟɧɢɟɬɚɯɨɝɟɧɟɪɚɬɨɪɚɧɚɦɚɤɫɢɦɚɥɶɧɨɣɫɤɨɪɨɫɬɢȼɨɥɶɬ
ɉɟɪɟɦɵɱɤɚ-
/2: ɧɢɡɤɨɟ /2: ɧɢɡɤɨɟ /2: ɧɢɡɤɨɟ +,*+ ɜɵɫɨɤɨɟ +,*+ ɜɵɫɨɤɨɟ ɉɟɪɟɦɵɱɤɚ-
ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿɜɵɯɨɞɧɨɟɧɚɩɪɹɠɟɧɢɟɬɚɯɨɝɟɧɟɪɚɬɨɪɚɧɟɞɨɥɠɧɨɩɪɟɜɵɲɚɬɶȼɨɥɶɬ
ɞɥɹɬɚɯɨɝɟɧɟɪɚɬɨɪɨɜɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɢɥɢȼɨɥɶɬ ɫɪɟɞɧɟɤɜɚɞɪɚɬɢɱɧɨɟɡɧɚɱɟɧɢɟ ɞɥɹɬɚɯɨɝɟ
ɧɟɪɚɬɨɪɨɜɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚɩɪɢɜɪɚɳɟɧɢɢɞɜɢɝɚɬɟɥɹɧɚɜɟɪɯɧɟɣɫɤɨɪɨɫɬɢ 72363((' ɑɬɨɛɵ
ɜɵɱɢɫɥɢɬɶɜɵɯɨɞɧɨɟɧɚɩɪɹɠɟɧɢɟɧɚɜɟɪɯɧɟɣɫɤɨɪɨɫɬɢɭɦɧɨɠɶɬɟɞɜɚɡɧɚɱɟɧɢɹɩɚɪɚɦɟɬɪɚ
ɇɚɩɪɹɠɟɧɢɟɬɚɯɨɝɟɧɟɪɚɬɨɪɚɧɚɜɟɪɯɧɟɣɫɤɨɪɨɫɬɢ 72363(('×$1$/2*7$&+92/76
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ɍɋɌȺɇɈȼɄȺɂɇȺɋɌɊɈɃɄȺɉɊɂȼɈȾȺ
Ⱥɧɚɥɨɝɨɜɨɟɚɜɬɨɦɚɬɢɱɟɫɤɨɟɡɚɞɚɧɢɟ $872)(5 ɉɟɪɟɦɵɱɤɢ-ɢ-
ɉɟɪɟɦɵɱɤɢ$8725()-ɢ-ɜɵɛɢɪɚɸɬɬɢɩɚɧɚɥɨɝɨɜɨɝɨɚɜɬɨɦɚɬɢɱɟɫɤɨɝɨɡɚɞɚɧɢɹ
ɢɫɩɨɥɶɡɭɟɦɨɝɨɩɪɢɜɵɛɨɪɟɪɟɠɢɦɚ$872-ɜɵɛɢɪɚɟɬɬɢɩɫɢɝɧɚɥɚ92/76 ɇɚɩɪɹɠɟ
ɧɢɟɜȼɨɥɶɬɚɯ ɢɥɢ0$036 Ɍɨɤɜɦɢɥɥɢɚɦɩɟɪɚɯ -ɜɵɛɢɪɚɟɬɞɢɚɩɚɡɨɧ
92/760$;
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92/76
P$
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92/76
92/76
P$
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%27+ 0$036 3$5.
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92/76
92/76
92/76
%27+ 0$036 3$5.
%27+ 0$036 3$5.
Ɋɢɫɭɧɨɤɉɟɪɟɦɵɱɤɢ$8725() -ɢ- Ɇɚɫɲɬɚɛɢɪɨɜɚɧɢɟɨɛɪɚɬɧɨɣɫɜɹɡɢɬɨɤɚɹɤɨɪɹ $50,)%5% ɉɟɪɟɦɵɱɤɚ-
ɉɊȿȾɈɋɌȿɊȿɀȿɇɂȿ
ɉɪɢɜɨɞɧɟɛɭɞɟɬɪɚɛɨɬɚɬɶɧɚɬɪɟɛɭɟɦɨɣɫɤɨɪɨɫɬɢɟɫɥɢɷɬɚɩɟɪɟɦɵɱɤɚɧɟɫɬɨɢɬɜɩɪɚɜɢɥɶɧɨɣ
ɩɨɡɢɰɢɢɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤɩɨɜɪɟɠɞɟɧɢɸɨɛɨɪɭɞɨɜɚɧɢɹɢɥɢ
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ɉɪɨɜɟɪɤɚɩɪɚɜɢɥɶɧɨɫɬɢɧɚɩɪɚɜɥɟɧɢɹɜɪɚɳɟɧɢɹɞɜɢɝɚɬɟɥɹ
ɉɊȿȾɍɉɊȿɀȾȿɇɂȿ
ȿɫɥɢɩɨɞɤɥɸɱɟɧɢɟɬɚɯɨɝɟɧɟɪɚɬɨɪɚɧɟɫɨɜɩɚɞɚɟɬɫɧɚɩɪɚɜɥɟɧɢɟɦɜɪɚɳɟɧɢɹɷɬɨɜɵɡɨɜɟɬɜɧɟ
ɡɚɩɧɵɣɢɛɵɫɬɪɵɣɪɚɡɝɨɧɞɨɫɤɨɪɨɫɬɢɩɪɟɜɵɲɚɸɳɟɣɦɚɤɫɢɦɚɥɶɧɨɞɨɩɭɫɬɢɦɭɸɇɟɜɵɩɨɥɧɟɧɢɟ
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Ɉɬɤɥɸɱɢɬɟɫɢɥɨɜɨɟɩɢɬɚɧɢɟɩɪɢɜɨɞɚ
ɉɪɨɜɟɪɶɬɟɪɚɛɨɬɭɤɧɨɩɤɢ&RDVW6WRS ɌɨɪɦɨɠɟɧɢɟɜɵɛɟɝɨɦɈɫɬɚɧɨɜ ɫɩɨɦɨɳɶɸɨɦ
ɦɟɬɪɚɉɪɢɧɚɠɚɬɨɣɤɧɨɩɤɟɨɦɦɟɬɪɞɨɥɠɟɧɩɨɤɚɡɵɜɚɬɶɛɟɫɤɨɧɟɱɧɨɫɬɶɩɪɢɨɬɩɭɳɟɧ
ɧɨɣɈɦ
ȼɤɥɸɱɢɬɟɫɢɥɨɜɨɟɩɢɬɚɧɢɟɩɪɢɜɨɞɚ
ɉɨɫɥɟɜɤɥɸɱɟɧɢɹɩɢɬɚɧɢɹɩɪɨɜɟɪɶɬɟ$50$785(92/7 ɇɚɩɪɹɠɟɧɢɟɧɚɹɤɨɪɟ ɞɥɹ
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ɡɭɣɬɟɫɥɟɞɭɸɳɢɣɩɭɬɶɢɡɝɥɚɜɧɨɝɨɦɟɧɸ
6SHHG9ROWDJH/RRS 63'
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ȿɫɥɢɧɚɩɪɚɜɥɟɧɢɟɜɪɚɳɟɧɢɹɧɟɩɪɚɜɢɥɶɧɨɟɨɫɬɚɧɨɜɢɬɟɩɪɢɜɨɞɢɨɬɤɥɸɱɢɬɟɫɢɥɨɜɨɟ
ɩɢɬɚɧɢɟɩɪɢɜɨɞɚ
ɑɬɨɛɵɢɡɦɟɧɢɬɶɧɚɩɪɚɜɥɟɧɢɟɜɪɚɳɟɧɢɹɞɜɢɝɚɬɟɥɹɩɨɦɟɧɹɣɬɟɦɟɫɬɚɦɢɤɨɧɰɵɹɤɨɪɹ
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ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿɇɟɩɪɚɜɢɥɶɧɨɟɧɚɩɪɚɜɥɟɧɢɟɜɪɚɳɟɧɢɹɦɨɠɟɬɛɵɬɶɜɵɡɜɚɧɨ
ɧɟɩɪɚɜɢɥɶɧɵɦɩɨɞɤɥɸɱɟɧɢɟɦɨɛɦɨɬɤɢɜɨɡɛɭɠɞɟɧɢɹ &ɢ' Ɉɩɪɟɞɟɥɟɧɢɟɩɨɥɹɪɧɨɫɬɢɬɚɯɨɝɟɧɟɪɚɬɨɪɚɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚ
ȼɤɥɸɱɢɬɟɫɢɥɨɜɨɟɩɢɬɚɧɢɟɩɪɢɜɨɞɚ
ɉɨɫɥɟɜɤɥɸɱɟɧɢɹɩɢɬɚɧɢɹɩɪɨɜɟɪɶɬɟ$50$785(92/7 ɇɚɩɪɹɠɟɧɢɟɧɚɹɤɨɪɟ ɞɥɹ
)(('%$&.6(/(&7 ȼɵɛɨɪɨɛɪɚɬɧɨɣɫɜɹɡɢ ɑɬɨɛɵɨɛɪɚɬɢɬɶɫɹɤɷɬɨɦɭɩɚɪɚɦɟɬɪɭɢɫɩɨɥɶ
ɡɭɣɬɟɫɥɟɞɭɸɳɢɣɩɭɬɶɢɡɝɥɚɜɧɨɝɨɦɟɧɸ
6SHHG9ROWDJH/RRS 63'
¬6SHHG9ROWDJH/RRS 63' )HHGEDFN Ɉɛɪɚɬɢɬɟɫɶɝɥɚɜɟ©Ʉɚɤɢɡɦɟɧɢɬɶɡɧɚɱɟɧɢɟɩɚɪɚɦɟɬɪɚª
ȼɵɛɟɪɢɬɟɩɪɹɦɨɟɧɚɩɪɚɜɥɟɧɢɟ ɫɦɢɧɞɢɤɚɰɢɸɧɚɞɤɥɚɜɢɲɟɣ©ɩɪɹɦɨɟɧɚɩɪɚɜɥɟ
ɧɢɟɨɛɪɚɬɧɨɟɧɚɩɪɚɜɥɟɧɢɟª ɢɩɪɨɜɟɪɶɬɟɱɬɨ ɜɵɜɨɞɚɬɚɯɨɝɟɧɟɪɚɬɨɪɚɫɨɟɞɢɧɟɧɫ
ɤɥɟɦɦɨɣɢɥɢɜɫɨɨɬɜɟɬɫɬɜɢɢɫɭɫɬɚɜɤɨɣ-ɚ ɫɨɟɞɢɧɟɧɫɤɥɟɦɦɨɣȿɫɥɢ
ɜɵɜɨɞɚɬɚɯɨɝɟɧɟɪɚɬɨɪɚɧɟɫɨɟɞɢɧɟɧɫɤɥɟɦɦɨɣɢɥɢɨɫɬɚɧɨɜɢɬɟɩɪɢɜɨɞɈɬ
ɤɥɸɱɢɬɟɫɢɥɨɜɨɟɩɢɬɚɧɢɟɩɪɢɜɨɞɚɉɨɦɟɧɹɣɬɟɦɟɫɬɚɦɢ ɢ ɬɚɯɨɝɟɧɟɪɚɬɨɪɚ
ɉɨɞɚɣɬɟɤɨɦɚɧɞɭ-2*
ɂɫɩɨɥɶɡɭɣɬɟɜɨɥɶɬɦɟɬɪɱɬɨɛɵɨɩɪɟɞɟɥɢɬɶɩɨɥɹɪɧɨɫɬɶɧɚɜɵɜɨɞɚɯɬɚɯɨɝɟɧɟɪɚɬɨɪɚ
ɞɥɹɩɪɹɦɨɝɨɧɚɩɪɚɜɥɟɧɢɹɜɪɚɳɟɧɢɹɉɪɨɦɚɪɤɢɪɭɣɬɟɤɨɧɰɵɬɚɯɨɝɟɧɟɪɚɬɨɪɚ ɢ ɫɨɨɬɜɟɬɫɬɜɟɧɧɨ
ɇɚɫɬɪɨɣɤɢ
ɗɬɨɬɩɚɪɚɝɪɚɮɨɩɢɫɵɜɚɟɬɧɚɫɬɪɨɣɤɢɧɭɥɹɤɨɦɩɟɧɫɢɪɭɸɳɢɟɞɪɟɣɮɫɢɝɧɚɥɚɜɫɥɭɱɚɹɯ
ɤɨɝɞɚɢɫɩɨɥɶɡɭɟɬɫɹɬɚɯɨɦɟɬɪɢɥɢɨɛɪɚɬɧɚɹɫɜɹɡɶɩɨɹɤɨɪɸɗɬɢɧɚɫɬɪɨɣɤɢɧɚɯɨɞɹɬɫɹɜ
ɦɟɧɸɈɛɪɚɬɧɚɹɫɜɹɡɶɤɨɧɬɭɪɚɫɤɨɪɨɫɬɢɧɚɩɪɹɠɟɧɢɹ 63' ɩɨɡɢɰɢɢɄɨɧɬɭɪɫɤɨɪɨ
ɫɬɢɧɚɩɪɹɠɟɧɢɹ 63' ɝɥɚɜɧɨɝɨɦɟɧɸ
6SHHG9ROWDJH/RRS 63'
¬6SHHG9ROWDJH/RRS 63' )HHGEDFN ɇɚɫɬɪɨɣɤɚɧɭɥɹɧɚɩɪɹɠɟɧɢɹɹɤɨɪɹ
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ɍɋɌȺɇɈȼɄȺɂɇȺɋɌɊɈɃɄȺɉɊɂȼɈȾȺ
ɉɊȿȾɍɉɊȿɀȾȿɇɂȿ
ɇɟɩɪɚɜɢɥɶɧɚɹɭɫɬɚɜɤɚɷɬɨɝɨɩɚɪɚɦɟɬɪɚɦɨɠɟɬɜɵɡɜɚɬɶɩɨɜɵɲɟɧɧɭɸɫɤɨɪɨɫɬɶɜɪɚɳɟɧɢɹɗɬɨɬ
ɩɚɪɚɦɟɬɪɞɨɥɠɟɧɛɵɬɶɭɫɬɚɧɨɜɥɟɧɤɜɚɥɢɮɢɰɢɪɨɜɚɧɧɵɦɩɟɪɫɨɧɚɥɨɦɬɟɦɤɬɨɬɨɱɧɨɩɨɧɢɦɚɟɬ
ɡɧɚɱɟɧɢɟɷɬɨɣɭɫɬɚɜɤɢɉɪɨɜɟɪɶɬɟɱɬɨɜɟɥɢɱɢɧɚɷɬɨɝɨɩɚɪɚɦɟɬɪɚɫɨɨɬɜɟɬɫɬɜɭɟɬɬɪɟɛɨɜɚɧɢɹɦ
ɜɚɲɟɣɫɢɫɬɟɦɵɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤɩɨɜɪɟɠɞɟɧɢɸɨɛɨɪɭɞɨɜɚ
ɧɢɹ
ɉɪɢɨɫɬɚɧɨɜɥɟɧɧɨɦɩɪɢɜɨɞɟɩɨɫɦɨɬɪɢɬɟɡɧɚɱɟɧɢɟ©$50$785(92/7$*(ª ɇɚɩɪɹɠɟɧɢɟɹɤɨɪɹ 3
ȿɫɥɢɜɟɥɢɱɢɧɚɪɚɜɧɚɧɢɤɚɤɢɟɞɚɥɶɧɟɣɲɢɟɤɨɪɪɟɤɬɢɪɨɜɤɢɧɟɬɪɟɛɭɸɬɫɹȿɫɥɢɜɟɥɢɱɢɧɚɨɬ
ɥɢɱɧɚɨɬɢɡɦɟɧɢɬɟ$5092/7$*(=(52$'- ɇɚɫɬɪɨɣɤɚɧɭɥɹɧɚɩɪɹɠɟɧɢɹɹɤɨɪɹ 3 ɜɩɨ
ɥɨɠɢɬɟɥɶɧɭɸɫɬɨɪɨɧɭɟɫɥɢɢɡɦɟɪɹɟɦɚɹɜɟɥɢɱɢɧɚɢɦɟɟɬɨɬɪɢɰɚɬɟɥɶɧɵɣɡɧɚɤɢɥɢɜɨɬɪɢɰɚɬɟɥɶɧɭɸ
ɫɬɨɪɨɧɭɟɫɥɢɢɡɦɟɪɹɟɦɚɹɜɟɥɢɱɢɧɚɢɦɟɟɬɩɨɥɨɠɢɬɟɥɶɧɵɣɡɧɚɤɁɚɩɨɦɧɢɬɟɜɟɥɢɱɢɧɭɇɚɩɪɹɠɟɧɢɹ
ɹɤɨɪɹ 3 ɢɩɪɨɞɨɥɠɚɣɬɟɧɚɫɬɪɚɢɜɚɬɶɧɨɥɶɤɨɪɪɟɤɬɢɪɭɹɩɚɪɚɦɟɬɪɞɨɬɟɯɩɨɪɩɨɤɚɜɟɥɢɱɢɧɚ
ɨɛɪɚɬɧɨɣɫɜɹɡɢɧɟɫɬɚɧɟɬɪɚɜɧɨɣɁɚɩɢɲɢɬɟɭɫɬɚɧɨɜɥɟɧɧɨɟɡɧɚɱɟɧɢɟɜɌɚɛɥɢɰɭɩɚɪɚɝɪɚɮ
ɇɚɫɬɪɨɣɤɚɧɭɥɹɚɧɚɥɨɝɨɜɨɝɨɬɚɯɨɝɟɧɟɪɚɬɨɪɚ
ɉɊȿȾɍɉɊȿɀȾȿɇɂȿ
ɇɟɩɪɚɜɢɥɶɧɚɹɭɫɬɚɜɤɚɷɬɨɝɨɩɚɪɚɦɟɬɪɚɦɨɠɟɬɜɵɡɜɚɬɶɩɨɜɵɲɟɧɧɭɸɫɤɨɪɨɫɬɶɜɪɚɳɟɧɢɹɗɬɨɬ
ɩɚɪɚɦɟɬɪɞɨɥɠɟɧɛɵɬɶɭɫɬɚɧɨɜɥɟɧɤɜɚɥɢɮɢɰɢɪɨɜɚɧɧɵɦɩɟɪɫɨɧɚɥɨɦɬɟɦɤɬɨɬɨɱɧɨɩɨɧɢɦɚɟɬ
ɡɧɚɱɟɧɢɟɷɬɨɣɭɫɬɚɜɤɢɉɪɨɜɟɪɶɬɟɱɬɨɜɟɥɢɱɢɧɚɷɬɨɝɨɩɚɪɚɦɟɬɪɚɫɨɨɬɜɟɬɫɬɜɭɟɬɬɪɟɛɨɜɚɧɢɹɦ
ɜɚɲɟɣɫɢɫɬɟɦɵɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤɩɨɜɪɟɠɞɟɧɢɸɨɛɨɪɭɞɨɜɚ
ɧɢɹ
ɉɪɢɨɫɬɚɧɨɜɥɟɧɧɨɦɩɪɢɜɨɞɟɩɨɫɦɨɬɪɢɬɟɡɧɚɱɟɧɢɟ©$1$/2*7$&+)(('%$&.ª Ɉɛɪɚɬɧɚɹɫɜɹɡɶɫ
ɚɧɚɥɨɝɨɜɨɝɨɬɚɯɨɝɟɧɟɪɚɬɨɪɚ 3 ȿɫɥɢɜɟɥɢɱɢɧɚɪɚɜɧɚɧɢɤɚɤɢɟɞɚɥɶɧɟɣɲɢɟɤɨɪɪɟɤɬɢɪɨɜɤɢ
ɧɟɬɪɟɛɭɸɬɫɹȿɫɥɢɜɟɥɢɱɢɧɚɨɬɥɢɱɧɚɨɬɢɡɦɟɧɢɬɟ$1$/2*7$&+=(52$'- ɇɚɫɬɪɨɣɤɚɧɭɥɹ
ɚɧɚɥɨɝɨɜɨɝɨɬɚɯɨɝɟɧɟɪɚɬɨɪɚ 3 ɜɩɨɥɨɠɢɬɟɥɶɧɭɸɫɬɨɪɨɧɭɟɫɥɢɢɡɦɟɪɹɟɦɚɹɜɟɥɢɱɢɧɚɢɦɟɟɬ
ɨɬɪɢɰɚɬɟɥɶɧɵɣɡɧɚɤɢɥɢɜɨɬɪɢɰɚɬɟɥɶɧɭɸɫɬɨɪɨɧɭɟɫɥɢɢɡɦɟɪɹɟɦɚɹɜɟɥɢɱɢɧɚɢɦɟɟɬɩɨɥɨɠɢɬɟɥɶ
ɧɵɣɡɧɚɤɁɚɩɨɦɧɢɬɟɜɟɥɢɱɢɧɭɇɚɩɪɹɠɟɧɢɹɹɤɨɪɹ 3 ɢɩɪɨɞɨɥɠɚɣɬɟɧɚɫɬɪɚɢɜɚɬɶɧɨɥɶɤɨɪ
ɪɟɤɬɢɪɭɹɩɚɪɚɦɟɬɪɞɨɬɟɯɩɨɪɩɨɤɚɜɟɥɢɱɢɧɚɨɛɪɚɬɧɨɣɫɜɹɡɢɧɟɫɬɚɧɟɬɪɚɜɧɨɣɁɚɩɢɲɢɬɟɭɫɬɚ
ɧɨɜɥɟɧɧɨɟɡɧɚɱɟɧɢɟɜɌɚɛɥɢɰɭɩɚɪɚɝɪɚɮ
ȼɵɛɨɪɹɡɵɤɚɫɨɨɛɳɟɧɢɣ
ɇɚɥɸɛɨɦɭɪɨɜɧɟɦɟɧɸɧɚɠɦɢɬɟɤɥɚɜɢɲɭ©ɋɬɪɟɥɤɚɜɥɟɜɨªȼɵɩɨɥɭɱɢɬɟɞɨɫɬɭɩɤɦɟɧɸȼɵɛɨɪɚ
ɹɡɵɤɚɫɨɨɛɳɟɧɢɣɗɬɨɦɟɧɸɧɟɞɨɫɬɭɩɧɨɜɷɤɪɚɧɚɯɢɡɦɟɧɟɧɢɹɡɧɚɱɟɧɢɣɩɚɪɚɦɟɬɪɨɜ ɜɜɨɞɚɡɧɚ
ɱɟɧɢɣ ɗɬɨɬɷɤɪɚɧɩɨɡɜɨɥɹɟɬȼɚɦɜɵɛɪɚɬɶɹɡɵɤɧɚɤɨɬɨɪɨɦɛɭɞɭɬɨɬɨɛɪɚɠɚɬɶɫɹɫɨɨɛɳɟɧɢɹ
ɩɨɹɜɥɹɟɦɵɟɧɚɞɢɫɩɥɟɟɌɟɤɭɳɢɣɹɡɵɤɫɨɨɛɳɟɧɢɣɨɬɨɛɪɚɠɚɟɬɫɹɜɩɪɚɜɨɣɜɟɪɯɧɟɣɱɚɫɬɢɷɤɪɚ
ɧɚȼɪɟɠɢɦɟ021,725ɧɚɠɚɬɢɟɤɥɚɜɢɲɢ+(/3ɩɨɤɚɡɵɜɚɟɬɢɧɞɢɤɚɬɨɪɵɫɨɫɬɨɹɧɢɹɧɚɜɵɛɪɚɧ
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ɜɨɡɜɪɚɬɢɬɫɹɧɚɩɪɟɞɵɞɭɳɟɟɦɟɧɸ
ɑɬɨɛɵɜɵɛɪɚɬɶɞɪɭɝɨɣɹɡɵɤɩɟɪɟɦɟɫɬɢɬɟɤɭɪɫɨɪɜɩɨɡɢɰɢɸɜɵɛɪɚɧɧɨɝɨɹɡɵɤɚɫɨɨɛ
ɳɟɧɢɣɢɫɩɨɥɶɡɭɹɤɥɚɜɢɲɢȼɜɟɪɯȼɧɢɡɢɡɚɬɟɦɧɚɠɦɢɬɟ(17(5
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ɉɨɠɚɥɭɣɫɬɚɩɨɞɨɠɞɢɬɟ
Ⱦɢɫɩɥɟɣɩɟɪɟɣɞɟɬɜɝɥɚɜɧɨɟɦɟɧɸɫɧɨɜɵɦɜɵɛɪɚɧɧɵɦɹɡɵɤɨɦɫɨɨɛɳɟɧɢɣȼɫɹɢɧɮɨɪ
ɦɚɰɢɹɩɪɢɜɨɞɚ ɩɚɪɚɦɟɬɪɵɩɪɨɝɪɚɦɦɧɨɝɨɨɛɟɫɩɟɱɟɧɢɹɫɨɨɛɳɟɧɢɹɩɨɜɪɟɠɞɟɧɢɣɚɜɚ
ɪɢɣɢɫɨɫɬɨɹɧɢɟɩɪɢɜɨɞɚ ɬɟɩɟɪɶɛɭɞɟɬɩɨɤɚɡɵɜɚɬɶɫɹɧɚɜɵɛɪɚɧɧɨɦɹɡɵɤɟ
ɉɪɨɝɪɚɦɦɢɪɨɜɚɧɢɟɫɢɫɬɟɦɧɵɯɮɭɧɤɰɢɣ
2,0ɩɨɡɜɨɥɹɟɬɧɚɫɬɪɨɢɬɶɩɪɢɜɨɞɨɩɪɟɞɟɥɹɹɟɞɢɧɢɰɵɩɨɥɶɡɨɜɚɬɟɥɹɫɛɪɨɫɢɬɶɫɢɫɬɟɦ
ɧɵɟɱɚɫɵɜɵɩɨɥɧɹɬɶɨɩɟɪɚɰɢɢɫɨɯɪɚɧɟɧɢɹɩɚɦɹɬɢɢɨɛɟɫɩɟɱɢɬɶɡɚɳɢɬɭɩɪɨɝɪɚɦɦɵɗɬɢ
ɮɭɧɤɰɢɢɞɨɫɬɭɩɧɵɢɡɦɟɧɸ2SHUDWRU,QWHUIDFH ɂɧɬɟɪɮɟɣɫɨɩɟɪɚɬɨɪɚ )OH[3DN0DLQ0HQX Ƚɥɚɜɧɨɟɦɟɧɸ)OH[3DN
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ɉɚɪɨɥɶ 3$66:25' ɉɊȿȾɍɉɊȿɀȾȿɇɂȿ
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ɧɵɦɞɨɫɬɭɩɨɦɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤɷɤɨɧɨɦɢɱɟɫɤɨɦɭɭɳɟɪɛɭ
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ɰɢɸɦɟɧɸ
ɉɚɪɚɦɟɬɪ3$66:25'ɩɪɢɦɟɧɹɟɬɫɹɬɨɥɶɤɨɤɩɪɨɰɟɫɫɭɩɪɨɝɪɚɦɦɢɪɨɜɚɧɢɹɫ2,0Ʉɥɚɜɢ
ɲɢ2,0ɪɟɝɭɥɢɪɨɜɚɧɢɹɩɪɢɜɨɞɚ ɪɚɛɨɬɚɬɨɥɱɨɤɢɬɞ ɧɟɡɚɜɢɫɹɬɨɬɩɚɪɨɥɹɫɢɫɬɟɦɵ
Ʉɪɨɦɟɬɨɝɨɩɚɪɨɥɶɧɟɜɥɢɹɟɬɢɧɚɡɚɞɚɧɢɟɫɤɨɪɨɫɬɢɫɩɨɬɟɧɰɢɨɦɟɬɪɚɤɥɚɜɢɚɬɭɪɵ 2,0
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ɥɢɜɜɨɞɧɟɩɪɨɢɡɜɨɞɢɥɫɹɬɨɟɫɬɶɡɧɚɱɟɧɢɟɟɳɟɧɟɛɵɥɨɢɡɦɟɧɟɧɨ
ɉɪɟɞɨɫɬɚɜɥɹɟɬɬɟɤɫɬɫɩɪɚɜɤɢɞɥɹɨɩɪɟɞɟɥɟɧɧɨɝɨɩɚɪɚɦɟɬɪɚ
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ɱɟɧɢɟɜɵɛɨɪ ɬɨɥɶɤɨɱɬɨɩɪɢɧɹɬɨɟ
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ɋɤɨɪɨɫɬɶɩɪɢɜɨɞɚɧɟɛɭɞɟɬɬɪɟɛɭɟɦɨɣɟɫɥɢɚɩɩɚɪɚɬɧɵɟɩɟɪɟɦɵɱɤɢ--ɢ-ɧɟɭɫɬɚɧɨɜ
ɥɟɧɵɜɩɨɥɨɠɟɧɢɹɨɬɨɛɪɚɠɚɟɦɵɟɧɚ2,0ɩɪɢɛɵɫɬɪɨɦɩɭɫɤɟɁɚɩɢɫɶɢɩɪɨɜɟɪɤɚɭɫɬɚɧɨɜɨɤɩɟ
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1ɚɩɩɚɪɚɬɧɨɣɩɟɪɟɦɵɱɤɢ
ɇɚɱɚɥɶɧɚɹ Ʉɨɧɟɱɧɚɹ
ɭɫɬɚɧɨɜɤɚ ɭɫɬɚɧɨɜɤɚ
- ɆȺɋɒɌȺȻɇȺɉɊəɀȿɇɂəɌȺɏɈȽȿɇȿɊȺɌɈɊȺ - ȾɂȺɉȺɁɈɇɇȺɉɊəɀȿɇɂəɌȺɏɈȽȿɇȿɊȺɌɈɊȺ - ɆȺɋɒɌȺȻɂɊɈȼȺɇɂȿɈȻɊȺɌɇɈɃɋȼəɁɂɌɈɄȺəɄɈɊə
ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿɁɧɚɱɟɧɢɟɜɜɟɞɟɧɧɨɟɜɩɪɨɰɟɞɭɪɟɛɵɫɬɪɨɝɨɩɭɫɤɚɚɜɬɨɦɚɬɢ
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ɤɩɨɪɚɠɟɧɢɸɬɨɤɨɦ
ȼɇɂɆȺɇɂȿ
ɉɚɪɚɦɟɬɪɤɨɷɮɮɢɰɢɟɧɬɚɬɪɚɧɫɮɨɪɦɚɰɢɢɬɪɚɧɫɮɨɪɦɚɬɨɪɚɬɨɤɚ 7S7Q &7785165$7,2 Ʉɨ
ɷɮɮɢɰɢɟɧɬɬɪɚɧɫɮɨɪɦɚɰɢɢɌɌ 3 ɹɜɥɹɟɬɫɹɡɚɜɨɞɫɤɨɣɭɫɬɚɜɤɨɣɡɚɜɢɫɹɳɟɣɨɬɬɢɩɨɪɚɡ
ɦɟɪɚɫɢɥɨɜɨɝɨɦɨɞɭɥɹɇɟɧɚɫɬɪɚɢɜɚɣɬɟɧɟɢɡɦɟɧɹɣɬɟɡɧɚɱɟɧɢɟɷɬɨɝɨɩɚɪɚɦɟɬɪɚɨɬɡɧɚɱɟɧɢɹ
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ɷɬɨɦɫɥɭɱɚɟɨɛɪɚɬɢɬɟɫɶɤɉɪɢɥɨɠɟɧɢɸ%ɞɥɹɭɫɬɚɧɨɜɤɢɤɨɷɮɮɢɰɢɟɧɬɚ 7S7Q ɇɟɜɵɩɨɥɧɟɧɢɟ
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Ɂɧɚɱɟɧɢɟ Ɉɩɢɫɚɧɢɟ
1
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ɩɚɫɩɨɪɬɧɵɯɞɚɧɧɵɯ
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ȼɇɂɆȺɇɂȿɉɟɪɟɞɩɭɫɤɨɦɩɪɢɜɨɞɚɷɬɨɬɩɚ
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ɫɺɬɟɨɬɜɟɬɫɬɜɟɧɧɨɫɬɶɡɚɨɛɟɫɩɟɱɟɧɢɟɛɟɡɨ
ɩɚɫɧɵɯɭɫɥɨɜɢɣɞɥɹɞɟɣɫɬɜɭɸɳɟɝɨɩɟɪɫɨɧɚɥɚ
ɢɞɨɥɠɧɵɩɪɚɜɢɥɶɧɨɭɫɬɚɧɨɜɢɬɶɷɬɨɬɩɚɪɚ
ɦɟɬɪɇɟɫɨɛɥɸɞɟɧɢɟɷɬɨɣɩɪɟɞɨɫɬɨɪɨɠɧɨɫɬɢ
ɦɨɠɟɬɩɪɢɜɟɫɬɢɤɬɪɚɜɦɚɦ
ɇɟɞɨɩɭɫɤɚɣɬɟɩɪɟɜɵɲɟɧɢɹɦɚɤɫɢɦɚɥɶɧɨɣ
ɛɟɡɨɩɚɫɧɨɣɫɤɨɪɨɫɬɢɞɜɢɝɚɬɟɥɹɢɥɢɭɩɪɚɜɥɹɟ
ɦɨɝɨɨɛɨɪɭɞɨɜɚɧɢɹɨɩɪɟɞɟɥɟɧɧɨɣɢɡɝɨɬɨɜɢɬɟ
ɥɟɦɨɛɨɪɭɞɨɜɚɧɢɹɈɬɤɚɡɨɬɫɨɛɥɸɞɟɧɢɹɷɬɨɣ
ɩɪɟɞɨɫɬɨɪɨɠɧɨɫɬɢɦɨɠɟɬɩɪɢɜɟɫɬɢɤɬɪɚɜɦɚɦ
02725
5$7('$50
$036
ɇɨɦɢɧɚɥɶɧɵɣ
ɬɨɤɹɤɨɪɹɞɜɢ
ɝɚɬɟɥɹ $036
ȼɇɂɆȺɇɂȿȿɫɥɢɡɧɚɱɟɧɢɟɷɬɨɝɨɩɚɪɚɦɟɬɪɚ
ɧɟɩɪɚɜɢɥɶɧɨɩɪɢɜɨɞɧɟɛɭɞɟɬɪɚɛɨɬɚɬɶɤɨɪ
ɪɟɤɬɧɨɗɬɨɬɩɚɪɚɦɟɬɪɞɨɥɠɟɧɛɵɬɶɦɟɧɶɲɟ
ɧɨɦɢɧɚɥɶɧɨɝɨɬɨɤɚɹɤɨɪɹɭɤɚɡɚɧɧɨɝɨɧɚɲɢɥɶ
ɞɢɤɟɞɜɢɝɚɬɟɥɹɇɟɫɨɛɥɸɞɟɧɢɟɷɬɨɣɩɪɟɞɨɫɬɨ
ɪɨɠɧɨɫɬɢɦɨɠɟɬɩɪɢɜɟɫɬɢɤɩɨɜɪɟɠɞɟɧɢɸɢɥɢ
ɪɚɡɪɭɲɟɧɢɸɨɛɨɪɭɞɨɜɚɧɢɹ
ɇɨɦɢɧɚɥɶɧɵɣɬɨɤɹɤɨɪɹɭɤɚɡɚɧɧɚɲɢɥɶɞɢɤɟɞɜɢ
ɝɚɬɟɥɹ
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ȻɕɋɌɊɕɃɉɍɋɄ
Ɍɚɛɥɢɰɚɉɨɫɥɟɞɨɜɚɬɟɥɶɧɨɫɬɶɢɡɦɟɧɟɧɢɹɩɚɪɚɦɟɬɪɨɜɛɵɫɬɪɨɝɨɩɭɫɤɚɩɪɨɞɨɥɠɟɧɢɟ
1
ɂɦɹɩɚɪɚ
1
Ɂɧɚɱɟɧɢɟ Ɉɩɢɫɚɧɢɟ
ɍɫɬɚɜɤɚ
ɩɨɥɶɡɨɜɚ
ɲɚɝɚ ɦɟɬɪɚ
ɤɨɞɚ ɩɨɭɦɨɥɱɚ ɧɢɸ
027255$7('
$5092/76
ɇɨɦɢɧɚɥɶɧɨɟ
ɧɚɩɪɹɠɟɧɢɟ
ɹɤɨɪɹɞɜɢɝɚɬɟ
ɥɹ 5(9(56(
',6$%/(
ȼ
2)) ȼɵɤɥ ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿɇɚɷɬɨɬɩɚɪɚɦɟɬɪɦɨɠɧɨ
ɜɨɡɞɟɣɫɬɜɨɜɚɬɶɜɵɛɨɪɨɦɨɛɪɚɬɧɨɣɫɜɹɡɢ
)(('%$&.6(/(&7 ɲɚɝ
Ʉɨɝɞɚ21 ȼɤɥ 5(9(56(',6$%/(ɩɪɟɞɨɬɜɪɚɳɚɟɬ
ɫɧɢɠɟɧɢɟɡɚɞɚɧɢɹɫɤɨɪɨɫɬɢɧɢɠɟɧɭɥɹɈɛɪɚɬɧɵɣ
ɦɨɫɬɧɟɦɨɠɟɬɛɵɬɶɡɚɞɟɣɫɬɜɨɜɚɧ
Ʉɨɝɞɚ2)) ȼɵɤɥ ɡɚɞɚɧɢɟɫɤɨɪɨɫɬɢɦɨɠɟɬɫɧɢɠɚɬɶɫɹ
ɧɢɠɟɧɭɥɹɢɩɪɢɜɨɞɦɨɠɟɬɪɟɜɟɪɫɢɪɨɜɚɬɶɫɹ
ɉɨɭɦɨɥɱɚɧɢɸ21 ȼɤɥ ɤɨɝɞɚ
• ɉɪɢɜɨɞɢɦɟɟɬɧɟɪɟɤɭɩɟɪɚɬɢɜɧɵɣ 6 ɫɢɥɨɜɨɣ
ɦɨɞɭɥɶ
• )(('%$&.6(/(&7ɭɫɬɚɧɨɜɥɟɧɧɚ$&7$&+ Ɍɚɯɨ
ɝɟɧɟɪɚɬɨɪɩɟɪɟɦɬɨɤɚ • )(('%$&.6(/(&7ɭɫɬɚɧɨɜɥɟɧɜ38/6(7$&+
ɂɦɩɭɥɶɫɧɵɣɬɚɯɨɝɟɧɟɪɚɬɨɪ ɢ38/6(7$&+
48$'5$785( Ʉɜɚɞɪɚɬɭɪɚɢɦɩɭɥɶɫɧɨɝɨɬɚɯɨɝɟɧɟ
ɪɚɬɨɪɚ 2)) ȼɵɤɥ $50$785( Ɉɩɪɟɞɟɥɹɟɬɬɢɩɫɢɝɧɚɥɚɨɛɪɚɬɧɨɣɫɜɹɡɢɤɨɬɨɪɵɣ
ɢɫɩɨɥɶɡɭɟɬɫɹɞɥɹɤɨɧɬɭɪɚɫɤɨɪɨɫɬɢɧɚɩɪɹɠɟɧɢɹ
92/7
ɇɚɩɪɹɠɟɧɢɟ ɂɦɩɭɥɶɫɧɵɣɬɚɯɨɝɟɧɟɪɚɬɨɪɦɨɠɟɬɛɵɬɶɜɵɛɪɚɧɬɨɥɶ
ɤɨɟɫɥɢɭɫɬɚɧɨɜɥɟɧɤɨɦɩɥɟɤɬɢɦɩɭɥɶɫɧɨɝɨɬɚɯɨɝɟɧɟ
ɹɤɨɪɹ ɪɚɬɨɪɚ
ȼɵɛɨɪɨɛɪɚɬɧɨɣɫɜɹɡɢɜɵɡɵɜɚɟɬɭɫɬɚɧɨɜɤɭɩɚɪɚɦɟɬɪɚ
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5(9(56(',6$%/( ɡɚɩɪɟɳɟɧɢɟɪɟɜɟɪɫɚ ɜ21ɟɫɥɢ
• ɜɵɛɪɚɧ$&7$&+ ɬɚɯɨɝɟɧɟɪɚɬɨɪɩɟɪɟɦɬɨɤɚ • ɜɵɛɪɚɧ38/6(7$&+ ɢɦɩɭɥɶɫɧɵɣɬɚɯɨɝɟɧɟɪɚɬɨɪ ɢ
38/6(7$&+48$'5$785( ɤɜɚɞɪɚɬɭɪɚɢɦɩɭɥɶɫ
ɧɨɝɨɬɚɯɨɝɟɧɟɪɚɬɨɪɚ ɧɚ2)) ȼɵɤɥ ȼ
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ɨɛɦɢɧ
ɭɫɬɚɧɨɜɥɟɧɧɚ$&7$&+ɢɥɢ'&7$&+
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ɝɟɧɟɪɚɬɨɪɚɜɫɨɨɬɜɟɬɫɬɜɢɢɫɩɚɫɩɨɪɬɧɵɦɢɞɚɧɧɵɦɢ
ȼɨɥɶɬɧɚɨɛɦɢɧ Ɉɧɞɨɥɠɟɧɛɵɬɶɨɝɪɚɧɢɱɟɧȼɬɚɤɱɬɨɛɵ
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Ɉɬɨɛɪɚɠɚɟɬɫɹɬɨɥɶɤɨɟɫɥɢ)(('%$&.6(/(&7ɭɫɬɚ
ɢɦ
ɧɨɜɥɟɧɧɚ38/6(7$&+ɢɢɧɬɟɪɮɟɣɫɢɦɩɭɥɶɫɧɨɝɨ
ɩɭɥɶɫɨɜ
ɬɚɯɨɝɟɧɟɪɚɬɨɪɚɭɫɬɚɧɨɜɥɟɧ
ɨɛɨɪɨɬ
Ɉɧɭɫɬɚɧɚɜɥɢɜɚɟɬɤɨɥɢɱɟɫɬɜɨɢɦɩɭɥɶɫɨɜɢɦɩɭɥɶɫɧɨɝɨ
ɷɧɤɨɞɟɪɚɧɚɨɛɨɪɨɬ 335 ɜɫɨɨɬɜɟɬɫɬɜɢɢɫɩɚɫɩɨɪɬ
ɧɵɦɢɞɚɧɧɵɦɢɢɦɩɭɥɶɫɧɨɝɨɷɧɤɨɞɟɪɚ
Ɂɚɩɪɟɳɟɧɢɟ
ɪɟɜɟɪɫɚ )(('%$&.
6(/(&7
ȼɵɛɨɪɨɛɪɚɬ
ɧɨɣɫɜɹɡɢ $1/*7$&+
92/76
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ɚɧɚɥɨɝɬɚɯɨɝɟ
ɧɟɪɚɬɨɪɚ 38/6(7$&+
335
Ʉɨɥɢɱɟɫɬɜɨ
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ɩɭɥɶɫɧɨɝɨɬɚɯɨ
ɝɟɧɟɪɚɬɨɪɚ 38/6(7$&+
48$'5$785(
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ɩɭɥɶɫɧɨɝɨɬɚɯɨɝɟɧɟɪɚɬɨɪɚɊɚɡɪɟɲɚɟɬɢɥɢɡɚɩɪɟɳɚɟɬ
ɤɜɚɞɪɚɬɭɪɭɢɦɩɭɥɶɫɧɨɝɨɷɧɤɨɞɟɪɚ
ɍɫɬɚɧɨɜɢɬɟ21 ȼɤɥ ɞɥɹɞɜɭɧɚɩɪɚɜɥɟɧɧɨɝɨɢɦɩɭɥɶɫ
ɧɨɝɨɷɧɤɨɞɟɪɚ
ɍɫɬɚɧɨɜɢɬɟ2)) ȼɵɤɥ ɞɥɹɨɞɧɨɧɚɩɪɚɜɥɟɧɧɨɝɨɢɦ
ɩɭɥɶɫɧɨɝɨɷɧɤɨɞɟɪɚ
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5(9(56(',6$%/( ɡɚɩɪɟɳɟɧɢɟɪɟɜɟɪɫɚ ɜ21
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ȻɕɋɌɊɕɃɉɍɋɄ
Ɍɚɛɥɢɰɚɉɨɫɥɟɞɨɜɚɬɟɥɶɧɨɫɬɶɢɡɦɟɧɟɧɢɹɩɚɪɚɦɟɬɪɨɜɛɵɫɬɪɨɝɨɩɭɫɤɚɩɪɨɞɨɥɠɟɧɢɟ
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ɂɦɹɩɚɪɚ
1
Ɂɧɚɱɟɧɢɟ Ɉɩɢɫɚɧɢɟ
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ɥɵɟɢɡɦɟɧɟɧɢɹɫɤɨɪɨɫɬɢɫɨɨɬɜɟɬɫɬɜɭɸɬɦɟɧɶ
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ɷɬɨɬɩɚɪɚɦɟɬɪɭɫɬɚɧɨɜɥɟɧɜɧɭɥɶɉɨɥɶɡɨɜɚ
ɬɟɥɶɨɬɜɟɬɫɬɜɟɧɟɧɡɚɛɟɡɨɩɚɫɧɵɟɭɫɥɨɜɢɹɞɥɹ
ɨɩɟɪɚɬɢɜɧɨɝɨɩɟɪɫɨɧɚɥɚɨɛɟɫɩɟɱɢɜɚɹɬɪɟ
ɛɭɟɦɭɸɡɚɳɢɬɭɡɜɭɤɨɜɭɸɢɥɢɫɜɟɬɨɜɭɸɫɢɝɧɚ
ɥɢɡɚɰɢɸɢɥɢɞɪɭɝɢɟɭɫɬɪɨɣɫɬɜɚɭɤɚɡɵɜɚɸɳɢɟ
ɧɚɬɨɱɬɨɩɪɢɜɨɞɪɚɛɨɬɚɟɬɧɚɧɭɥɟɜɨɣɫɤɨɪɨ
ɫɬɢɢɥɢɛɥɢɡɤɨɣɤɧɟɣɇɟɫɨɛɥɸɞɟɧɢɹɷɬɨɣ
ɩɪɟɞɨɫɬɨɪɨɠɧɨɫɬɢɦɨɠɟɬɩɪɢɜɟɫɬɢɤɩɨɪɚɠɟ
ɧɢɸɬɨɤɨɦɢɥɢɩɨɬɟɪɟɠɢɡɧɢ
ȼɵɛɢɪɚɟɬɦɢɧɢɦɚɥɶɧɭɸɫɤɨɪɨɫɬɶɩɪɢɜɨɞɚɧɚ
ɤɨɬɨɪɨɣɨɧɪɚɛɨɬɚɟɬɛɟɡɨɫɬɚɧɨɜɚɈɧɚɨɛɵɱɧɨ
ɛɨɥɶɲɟɧɭɥɹȿɫɥɢɷɬɨɬɩɚɪɚɦɟɬɪɨɬ
ɆȺɄɋɂɆȺɅɖɇɈɃɋɄɈɊɈɋɌɂɜɵɪɚɛɚɬɵɜɚɟɬɫɹ
ɩɪɟɞɭɩɪɟɠɞɟɧɢɟ
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ɧɟɟɨɬɆȺɄɋɂɆȺɅɖɇɈɃɋɄɈɊɈɋɌɂɜɵ
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• ȿɫɥɢɜɵɛɨɪɨɛɪɚɬɧɨɣɫɜɹɡɢɭɫɬɚɧɨɜɥɟɧɜɬɚɯɨ
ɝɟɧɟɪɚɬɨɪɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚ
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ɩɭɥɶɫɧɵɣɬɚɯɨɝɟɧɟɪɚɬɨɪɢɤɜɚɞɪɚɬɭɪɚɢɦ
ɩɭɥɶɫɧɨɝɨɬɚɯɨɝɟɧɟɪɚɬɨɪɚ 3 ɭɫɬɚɧɨɜɥɟɧɚ
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6WDUW Ȼɵɫɬɪɵɣɩɭɫɤ ɞɥɹɪɚɛɨɬɵɩɪɢɜɨɞɚɧɚ
ɩɪɚɜɢɥɶɧɨɣɫɤɨɪɨɫɬɢɇɟɫɨɛɥɸɞɟɧɢɟɷɬɨɣɩɪɟ
ɞɨɫɬɨɪɨɠɧɨɫɬɢɦɨɠɟɬɩɪɢɜɟɫɬɢɤɩɨɜɪɟɠɞɟɧɢɸ
ɢɥɢɪɚɡɪɭɲɟɧɢɸɨɛɨɪɭɞɨɜɚɧɢɹ
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2,0ɨɬɨɛɪɚɠɚɟɬɩɪɚɜɢɥɶɧɵɟɩɨɥɨɠɟɧɢɹɩɟɪɟɦɵ -
ɱɟɤɞɥɹ--ɢ-Ɂɚɩɢɲɢɬɟɷɬɢɩɨɥɨɠɟɧɢɹ
ɜɨɩɪɟɞɟɥɟɧɧɨɦɞɥɹɷɬɨɝɨɫɬɨɥɛɰɟɬɚɛɥɢɰɵɉɟ
ɪɟɞɩɪɨɞɨɥɠɟɧɢɟɦɩɪɨɰɟɞɭɪɵɛɵɫɬɪɨɝɨɩɭɫɤɚ
ɩɪɨɜɟɪɶɬɟɱɬɨɚɩɩɚɪɚɬɧɚɹɭɫɬɚɧɨɜɤɚɷɬɢɯɩɟɪɟ
ɦɵɱɟɤɬɚɤɚɹɠɟ
ɈɬɜɟɬɇȿɌɜɨɡɜɪɚɳɚɟɬɞɢɫɩɥɟɣɜȽɥɚɜɧɨɟɦɟ ɇɟɬɪɟɛɭ
ɧɸȼɵɩɨɥɧɢɬɟɫɨɯɪɚɧɟɧɢɟɩɚɦɹɬɢɞɥɹɫɨɯɪɚɧɟ ɟɬɫɹ
ɧɢɹɡɧɚɱɟɧɢɣɈɬɜɟɬȾȺ±ɩɪɨɞɨɥɠɟɧɢɟɩɪɨɰɟɞɭ
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ɧɚɫɬɪɨɣɤɚɷɬɨɣɢɧɫɬɪɭɤɰɢɢɩɟɪɟɞɩɪɨɞɨɥɠɟɧɢɟɦ
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ȼɇɂɆȺɇɂȿɉɟɪɟɞɧɚɱɚɥɨɦɚɜɬɨɧɚɫɬɪɨɣɤɢɧɟɨɛɯɨɞɢɦɨɩɪɨɜɟɪɢɬɶɱɬɨɞɜɢɝɚɬɟɥɶɧɟɜɪɚɳɚɟɬ
ɫɹɧɚɝɪɭɡɤɨɣɢɧɟɧɚɯɨɞɢɬɫɹɩɨɞɧɚɝɪɭɡɤɨɣȺɜɬɨɧɚɫɬɪɨɣɤɚɧɟɛɭɞɟɬɮɭɧɤɰɢɨɧɢɪɨɜɚɬɶɩɪɚ
ɜɢɥɶɧɨɟɫɥɢɞɜɢɝɚɬɟɥɶɜɪɚɳɚɟɬɫɹɧɚɝɪɭɡɤɨɣɇɟɫɨɛɥɸɞɟɧɢɟɷɬɨɣɩɪɟɞɨɫɬɨɪɨɠɧɨɫɬɢɦɨɠɟɬ
ɩɪɢɜɟɫɬɢɤɬɪɚɜɦɚɦ
ȼɇɂɆȺɇɂȿɉɪɢɚɜɬɨɧɚɫɬɪɨɣɤɟɞɜɢɝɚɬɟɥɶɛɭɞɟɬɜɪɚɳɚɬɶɫɹɇɟɩɪɢɛɥɢɠɚɣɬɟɫɶɤɜɪɚɳɚɸɳɟ
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ɦɨɠɟɬɩɪɢɜɟɫɬɢɤɬɪɚɜɦɚɦ
ȼɇɂɆȺɇɂȿȺɜɬɨɧɚɫɬɪɨɣɤɚɧɟɛɭɞɟɬɪɚɛɨɬɚɬɶɩɪɚɜɢɥɶɧɨɟɫɥɢɧɟɜɵɩɨɥɧɟɧɵɩɪɟɞɲɟɫɬɜɭɸ
ɳɢɟɧɚɫɬɪɨɣɤɢɜɩɪɨɰɟɞɭɪɟɍɫɬɚɧɨɜɤɚɢɧɚɫɬɪɨɣɤɚɩɪɢɜɨɞɚȼɵɩɨɥɧɢɬɟɜɫɟɩɪɟɞɲɟɫɬɜɭɸɳɢɟ
ɧɚɫɬɪɨɣɤɢɫɨɞɟɪɠɚɳɢɟɫɹɜɪɚɡɞɟɥɟ©ɍɫɬɚɧɨɜɤɚɢɧɚɫɬɪɨɣɤɚɩɪɢɜɨɞɚªɩɟɪɟɞɩɪɨɞɨɥɠɟɧɢɟɦ
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ɲɟɧɢɸɨɛɨɪɭɞɨɜɚɧɢɹ
ȼɇɂɆȺɇɂȿȺɜɬɨɧɚɫɬɪɨɣɤɚɧɟɞɨɥɠɧɚɜɵɩɨɥɧɹɬɶɫɹɧɚɩɪɢɜɨɞɚɯɦɟɯɚɧɢɱɟɫɤɢɫɨɟɞɢɧɟɧɧɵɯ
ɞɪɭɝɫɞɪɭɝɨɦɱɟɪɟɡɨɛɪɚɛɚɬɵɜɚɟɦɵɣɦɚɬɟɪɢɚɥɈɞɧɚɤɨɚɜɬɨɧɚɫɬɪɨɣɤɚɦɨɠɟɬɜɟɫɬɢɫɶɞɥɹɩɪɢ
ɜɨɞɚɫɩɪɢɥɨɠɟɧɧɨɣɧɚɝɪɭɡɤɨɣɢɫɩɪɢɫɨɟɞɢɧɟɧɧɨɣɦɚɯɨɜɨɣɦɚɫɫɨɣɇɟɫɨɛɥɸɞɟɧɢɟɷɬɨɣɩɪɟ
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Ⱦɨɥɠɧɨɛɵɬɶɢɥɢ÷ȼɨɥɶɬɞɥɹɩɪɢɜɨɞɨɜ÷ɢɚɦɩɟɪɧɵɯɢɥɢ÷
ȼɨɥɶɬɞɥɹɚɦɩɟɪɧɵɯɩɪɢɜɨɞɨɜȿɫɥɢɪɚɡɴɟɞɢɧɢɬɟɥɶɧɵɣɬɪɚɧɫɮɨɪɦɚɬɨɪɛɵɥ
ɭɫɬɚɧɨɜɥɟɧɩɨɫɢɥɨɜɨɦɭɜɯɨɞɭɩɪɢɜɨɞɚɩɪɨɜɟɪɶɬɟɡɧɚɱɟɧɢɟɜɵɯɨɞɧɨɟɧɚɩɪɹɠɟɧɢɟɢ
ɩɪɚɜɢɥɶɧɨɫɬɶɫɨɟɞɢɧɟɧɢɹɉɪɨɜɟɪɶɬɟɱɬɨɩɥɚɜɤɢɟɩɪɟɞɨɯɪɚɧɢɬɟɥɢɭɫɬɚɧɨɜɥɟɧɧɵɟɧɚ
ɫɢɥɨɜɨɦɜɯɨɞɟɩɪɢɜɨɞɚɫɨɨɬɜɟɬɫɬɜɭɸɬɧɨɦɢɧɚɥɚɦɩɪɢɜɟɞɺɧɧɵɦɜɌɚɛɥɢɰɟ
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ɫɨɨɬɜɟɬɫɬɜɨɜɚɬɶɦɟɫɬɧɵɦɫɬɚɧɞɚɪɬɚɦ
Ⱦɜɢɝɚɬɟɥɶɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚ
ɉɊȿȾɈɋɌȿɊȿɀȿɇɂȿ
Ɇɟɝɨɦɦɟɬɪɦɨɠɟɬɢɫɩɨɥɶɡɨɜɚɬɶɫɹɞɥɹɩɪɨɜɟɪɤɢɨɬɫɭɬɫɬɜɢɹɫɨɟɞɢɧɟɧɢɹɞɜɢɝɚɬɟɥɹɫɡɟɦɥɺɣɧɨ
ɜɫɟɩɪɨɜɨɞɚɦɟɠɞɭɞɜɢɝɚɬɟɥɟɦɢɩɪɢɜɨɞɨɦɞɨɥɠɧɵɛɵɬɶɨɬɤɥɸɱɟɧɵȼɵɫɨɤɨɟɧɚɩɪɹɠɟɧɢɟ
ɦɟɝɨɦɦɟɬɪɚɦɨɠɟɬɩɨɜɪɟɞɢɬɶɷɥɟɤɬɪɨɧɧɵɟɰɟɩɢɩɪɢɜɨɞɚɉɟɪɟɞɢɫɩɨɥɶɡɨɜɚɧɢɟɦɦɟɝɨɦɦɟɬɪɚ
ɞɥɹɩɪɨɜɟɪɤɢɨɬɫɭɬɫɬɜɢɹɫɨɟɞɢɧɟɧɢɹɞɜɢɝɚɬɟɥɹɫɡɟɦɥɺɣɧɟɨɛɯɨɞɢɦɨɨɬɤɥɸɱɢɬɶɜɫɟɩɪɨɜɨɞɚ
ɦɟɠɞɭɞɜɢɝɚɬɟɥɟɦɢɩɪɢɜɨɞɨɦɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤ
ɩɨɜɪɟɠɞɟɧɢɸɨɛɨɪɭɞɨɜɚɧɢɹɢɥɢɟɝɨɩɨɥɧɨɣɩɨɥɨɦɤɟ
ɉɨɜɬɨɪɧɨɩɪɨɜɟɪɶɬɟɜɫɟɩɨɞɤɥɸɱɟɧɢɹɞɜɢɝɚɬɟɥɹɧɚɩɥɨɬɧɨɫɬɶɢɢɫɩɪɚɜɶɬɟ
ɢɞɟɧɬɢɮɢɤɚɰɢɸɉɪɨɜɟɪɶɬɟɨɬɫɭɬɫɬɜɢɟɤɨɧɬɚɤɬɚɫɡɟɦɥɺɣɜɰɟɩɹɯɹɤɨɪɹɞɜɢɝɚɬɟɥɹ
ɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɩɚɪɚɥɥɟɥɶɧɨɣɨɛɦɨɬɤɢɜɨɡɛɭɠɞɟɧɢɹɢɥɢɬɟɪɦɨɫɬɚɬɚɋɨɟɞɢɧɢɬɟɨɞɢɧ
ɢɡɦɟɪɢɬɟɥɶɧɵɣɲɧɭɪɫɬɚɧɞɚɪɬɧɨɝɨɨɦɦɟɬɪɚɫɤɨɪɩɭɫɨɦɞɜɢɝɚɬɟɥɹɚɞɪɭɝɨɣɫɞɜɭɦɹ
ɹɤɨɪɧɵɦɢɤɨɧɰɚɦɢɡɚɬɟɦɫɞɜɭɦɹɤɨɧɰɚɦɢɨɛɦɨɬɤɢɜɨɡɛɭɠɞɟɧɢɹɢɧɚɤɨɧɟɰɫɞɜɭɦɹ
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ɫɨɟɞɢɧɟɧɵɫɡɟɦɥɺɣɗɬɚɧɟɢɫɩɪɚɜɧɨɫɬɶɞɨɥɠɧɚɛɵɬɶɭɫɬɪɚɧɟɧɚɩɟɪɟɞɩɨɞɚɱɟɣ
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ȿɫɥɢɤɨɧɬɚɤɬɨɪɞɜɢɝɚɬɟɥɹɜɤɥɸɱɚɟɬɫɹɱɟɪɟɡɞɪɭɝɭɸɫɯɟɦɭɩɪɨɜɟɪɶɬɟɩɪɚɜɢɥɶɧɨɫɬɶɟɝɨ
ɩɨɞɤɥɸɱɟɧɢɹ
Ⱦɨɩɨɥɧɢɬɟɥɶɧɵɟɤɨɦɩɥɟɤɬɵ
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ɞɢɚɝɧɨɫɬɢɤɢ6&5 ɤɪɟɦɧɢɟɜɵɣɭɩɪɚɜɥɹɟɦɵɣɜɟɧɬɢɥɶ ɩɪɢɧɚɥɢɱɢɢɪɚɡɧɨɫɬɢ
ɪɚɫɩɪɟɞɟɥɟɧɢɹɧɚɝɪɭɡɤɢ
23(16&575,37+5(6+ ɩɨɪɨɝɨɬɤɥɸɱɟɧɢɹɨɬɤɪɵɬɨɝɨɬɢɪɢɫɬɨɪɚ ɗɬɨɬɨɱɤɚ
ɨɬɤɥɸɱɟɧɢɹɫɪɚɛɚɬɵɜɚɧɢɹɮɭɧɤɰɢɢɩɨɬɟɪɢ6&5Ɂɧɚɱɟɧɢɟɩɨɭɦɨɥɱɚɧɢɸɧɟɞɨɥɠɧɨ
ɢɡɦɟɧɹɬɶɫɹɟɫɥɢɧɟɩɪɨɢɫɯɨɞɹɬɨɬɤɥɸɱɟɧɢɹɢɡɡɚɩɨɦɟɯɨɛɭɫɥɨɜɥɟɧɧɵɯ
ɷɤɫɬɪɟɦɚɥɶɧɵɦɢɫɨɫɬɨɹɧɢɹɦɢɧɚɝɪɭɡɤɢɢɥɢɫɟɪɶɟɡɧɨɣɧɟɭɫɬɨɣɱɢɜɨɫɬɶɸ&0/ɉɨɜɵɲɟɧɢɟ
ɷɬɨɝɨɡɧɚɱɟɧɢɹɭɜɟɥɢɱɢɬɩɨɪɨɝɨɜɨɟɡɧɚɱɟɧɢɟɞɢɚɝɧɨɫɬɢɤɢɬɚɤɢɯɩɨɦɟɯɍɜɟɥɢɱɢɜɚɬɶɫɹ
ɞɨɥɠɟɧɬɨɥɶɤɨ23(16&575,37+5(6+ɭɜɟɥɢɱɟɧɢɟ23(16&56(16,7,9,7<ɧɟ
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ɋɜɟɬɨɞɢɨɞɵɫɨɫɬɨɹɧɢɹɩɥɚɬɵɪɟɝɭɥɹɬɨɪɚ
ȾɜɚɫɜɟɬɨɞɢɨɞɚɪɚɡɦɟɳɟɧɧɵɯɧɚɩɥɚɬɟɊɟɝɭɥɹɬɨɪɚɫɥɭɠɚɬɞɥɹɢɧɞɢɤɚɰɢɢɪɚɛɨɱɟɝɨ
ɫɨɫɬɨɹɧɢɹɷɬɨɣɩɥɚɬɵɈɛɪɚɬɢɬɟɜɧɢɦɚɧɢɟɧɚɷɬɢɫɜɟɬɨɞɢɨɞɵɟɫɥɢ2,0ɧɟ
ɩɨɞɞɟɪɠɢɜɚɟɬɫɜɹɡɶɫɪɟɝɭɥɹɬɨɪɨɦɈɛɵɱɧɨɢɧɞɢɤɚɰɢɢɧɟɢɫɩɪɚɜɧɨɫɬɢɧɚɞɢɫɩɥɟɟɧɟɬ
ɤɨɝɞɚ2,0ɧɟɩɨɞɞɟɪɠɢɜɚɟɬɫɜɹɡɶɫɩɥɚɬɨɣɪɟɝɭɥɹɬɨɪɚɢɥɢ&38ɨɛɪɚɛɚɬɵɜɚɟɬ
ɢɧɮɨɪɦɚɰɢɸȿɫɥɢɩɪɢɩɨɹɜɥɟɧɢɢɫɜɹɡɢɨɬɨɛɪɚɠɚɟɬɫɹɧɟɢɫɩɪɚɜɧɨɫɬɶɬɨɷɬɨɛɭɞɟɬ2,0
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Ⱦɜɚɫɜɟɬɨɞɢɨɞɚɩɨɦɟɱɟɧɵɤɚɤ&382.ɢ2,0&2002.&38ɈɄɛɭɞɟɬɜɤɥɸɱɟɧɤɚɠɞɵɣ
ɪɚɡɤɨɝɞɚɫɤɚɧɢɪɭɸɬɫɹɜɯɨɞɵɢɜɵɯɨɞɵ ɜɯɜɵɯɧɟɫɤɚɧɢɪɭɸɬɫɹɩɪɢɞɢɚɝɧɨɫɬɢɤɟ
ɜɤɥɸɱɟɧɢɹɩɢɬɚɧɢɹɢɧɟɤɨɬɨɪɵɯɧɟɢɫɩɪɚɜɧɨɫɬɹɯ 2,0&2002.ɛɭɞɟɬɜɤɥɸɱɟɧɤɚɠɞɵɣ
ɪɚɡɤɨɝɞɚɫɜɹɡɶɦɟɠɞɭɩɥɚɬɨɣɪɟɝɭɥɹɬɨɪɚɢ2,0ɤɨɪɪɟɤɬɧɚȼɫɥɟɞɭɸɳɟɣɬɚɛɥɢɰɟ
ɩɪɢɜɟɞɟɧɵɜɨɡɦɨɠɧɵɟɫɨɫɬɨɹɧɢɹɞɜɭɯɫɜɟɬɨɞɢɨɞɧɵɯɢɧɞɢɤɚɬɨɪɨɜ
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ȼɵɤɥ
ȼɵɤɥ
ɂɧɞɢɤɚɰɢɹ ɢ ɢɞɟɣɫɬɜɢɟ ɹ • ɇɟɬɩɢɬɚɧɢɹɩɪɨɜɟɪɢɬɶɱɬɨɩɢɬɚɧɢɟɩɪɢɜɨɞɚ
ɜɤɥɸɱɟɧɨɩɪɨɜɟɪɢɬɶɧɚɩɪɹɠɟɧɢɟɧɚɩɥɚɬɟɪɟɝɭɥɹɬɨɪɚ
• ɇɟɢɫɩɪɚɜɧɨɫɬɶɫɜɟɬɨɞɢɨɞɚ±ɜɵɤɥɸɱɢɬɶɢɜɧɨɜɶ
ɜɤɥɸɱɢɬɶɩɢɬɚɧɢɟɢɩɪɨɜɟɪɢɬɶɱɬɨɨɛɚɫɜɟɬɨɞɢɨɞɚ
ɤɪɚɬɤɨɜɪɟɦɟɧɧɨɫɜɟɬɢɥɢɫɶ ɬɟɫɬɥɚɦɩɵ • ɇɚɪɭɲɟɧɚɞɢɚɝɧɨɫɬɢɤɚɜɤɥɸɱɟɧɢɹɩɢɬɚɧɢɹɡɚɦɟɧɢɬɶ
ɩɥɚɬɭɪɟɝɭɥɹɬɨɪɚ
ȼɤɥ
•Ʉɨɦɛɢɧɚɰɢɹɧɟɢɫɩɨɥɶɡɭɟɬɫɹ
Ɇɢɝɚɧɢɟ
•Ʉɨɦɛɢɧɚɰɢɹɧɟɢɫɩɨɥɶɡɭɟɬɫɹ
ȼɤɥ
ȼɵɤɥ
• ȼɯɜɵɯɫɤɚɧɢɪɭɸɬɫɹɪɟɝɭɥɹɬɨɪɧɟɩɨɞɞɟɪɠɢɜɚɟɬɫɜɹɡɶ
ɫ2,0ɩɪɨɜɟɪɢɬɶɤɚɛɟɥɶ2,0ɩɪɨɜɟɪɢɬɶɧɚɩɪɹɠɟɧɢɹ
ɧɚ2,0
ȼɤɥ
• ȼɯɜɵɯɫɤɚɧɢɪɭɸɬɫɹɪɟɝɭɥɹɬɨɪɩɨɞɞɟɪɠɢɜɚɟɬɫɜɹɡɶɫ
2,0ɧɟɢɫɩɪɚɜɧɨɫɬɢɧɟɬɷɬɨɧɨɪɦɚɥɶɧɨɟɫɨɫɬɨɹɧɢɟ
ɧɢɤɚɤɢɯɞɟɣɫɬɜɢɣɧɟɬɪɟɛɭɸɬɫɹ
• ȼɯɜɵɯɫɤɚɧɢɪɭɸɬɫɹɪɟɝɭɥɹɬɨɪɩɨɞɞɟɪɠɢɜɚɟɬɫɜɹɡɶɫ
2,0ɞɢɚɝɧɨɫɬɢɪɨɜɚɬɶɢɫɩɪɚɜɢɬɶɫɨɫɬɨɹɧɢɟ
ɧɟɢɫɩɪɚɜɧɨɫɬɢɢɫɛɪɨɫɢɬɶɧɟɢɫɩɪɚɜɧɨɫɬɶɨɬ
ɜɵɛɪɚɧɧɨɝɨɢɫɬɨɱɧɢɤɚɭɩɪɚɜɥɟɧɢɹɫɛɪɨɫɨɦ
ɧɟɢɫɩɪɚɜɧɨɫɬɢ
• Ɋɚɛɨɬɚɟɬɞɢɚɝɧɨɫɬɢɤɚɜɤɥɸɱɟɧɢɹɩɢɬɚɧɢɹ ɬɟɫɬɥɚɦɩɵ Ɇɢɝɚɧɢɟ
•Ʉɨɦɛɢɧɚɰɢɹɧɟɢɫɩɨɥɶɡɭɟɬɫɹ
Ɇɢɝɚɧɢɟ
ȼɵɤɥ
• ȼɯɜɵɯɧɟɫɤɚɧɢɪɭɸɬɫɹɪɟɝɭɥɹɬɨɪɧɟɩɨɞɞɟɪɠɢɜɚɟɬ
ɫɜɹɡɶɫ2,0ɩɪɨɜɟɪɢɬɶɤɚɛɟɥɶ2,0ɢɥɢɩɨɞɚɬɶ
ɩɢɬɚɧɢɟ
ȼɤɥ
• ȼɯɜɵɯɧɟɫɤɚɧɢɪɭɸɬɫɹɪɟɝɭɥɹɬɨɪɩɨɞɞɟɪɠɢɜɚɟɬɫɜɹɡɶ
ɫ2,0±ɡɚɩɢɫɚɬɶɢɧɮɨɪɦɚɰɢɸɨɧɟɢɫɩɪɚɜɧɨɫɬɢɧɚɠɚɬɶ
ɤɥɚɜɢɲɭɫɛɪɨɫɚɧɟɢɫɩɪɚɜɧɨɫɬɢɧɚ2,0
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ɫɜɹɡɶɫ2,0ɡɚɩɢɫɚɬɶɢɧɮɨɪɦɚɰɢɸɨɧɟɢɫɩɪɚɜɧɨɫɬɢɢ
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ɉɪɨɜɟɪɤɚɡɚɠɢɝɚɧɢɹɮɚɡɵɹɤɨɪɹ
ȼɇɂɆȺɇɂȿɌɨɥɶɤɨɤɜɚɥɢɮɢɰɢɪɨɜɚɧɧɵɣɷɥɟɤɬɪɨɩɟɪɫɨɧɚɥɡɧɚɤɨɦɵɣɫɭɫɬɪɨɣɫɬɜɨɦɢɪɚɛɨɬɨɣ
ɞɚɧɧɨɝɨɨɛɨɪɭɞɨɜɚɧɢɹɢɢɦɟɸɳɢɣɩɪɟɞɫɬɚɜɥɟɧɢɟɨɫɜɹɡɚɧɧɵɯɫɷɬɢɦɨɛɨɪɭɞɨɜɚɧɢɟɦ
ɨɩɚɫɧɨɫɬɹɯɦɨɠɟɬɭɫɬɚɧɚɜɥɢɜɚɬɶɧɚɫɬɪɚɢɜɚɬɶɷɤɫɩɥɭɚɬɢɪɨɜɚɬɶɢɢɥɢɨɛɫɥɭɠɢɜɚɬɶɷɬɨ
ɨɛɨɪɭɞɨɜɚɧɢɟɉɟɪɟɞɩɪɨɞɨɥɠɟɧɢɟɦɪɚɛɨɬɵɩɨɥɧɨɫɬɶɸɩɪɨɱɢɬɚɣɬɟɢɭɹɫɧɢɬɟɷɬɨɬɩɚɪɚɝɪɚɮ
ɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤɫɟɪɶɺɡɧɨɦɭɭɳɟɪɛɭɢɥɢɩɨɬɟɪɟɠɢɡɧɢ
ȼɇɂɆȺɇɂȿɉɪɨɜɟɪɤɚɨɫɭɳɟɫɬɜɥɹɟɬɫɹɩɪɢɪɚɡɨɦɤɧɭɬɨɦɤɨɧɬɭɪɟȾɥɹɩɪɟɞɨɬɜɪɚɳɟɧɢɹ
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ɹɤɨɪɹɨɬɩɪɢɜɨɞɚɢɩɨɞɤɥɸɱɢɬɟɩɪɢɜɨɞɧɚɮɢɤɬɢɜɧɭɸɧɚɝɪɭɡɤɭ ɧɚɩɪɢɦɟɪɷɥɟɤɬɪɨɥɚɦɩɵ ɇɟɜɵɩɨɥɧɟɧɢɟɷɬɨɝɨɬɪɟɛɨɜɚɧɢɹɦɨɠɟɬɩɪɢɜɟɫɬɢɤɫɟɪɶɺɡɧɨɦɭɭɳɟɪɛɭɢɥɢɩɨɬɟɪɟɠɢɡɧɢ
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ȼɵɩɨɥɧɟɧɢɟɩɪɨɜɟɪɤɢɡɚɠɢɝɚɧɢɹɮɚɡɵɹɤɨɪɹ
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ɜɨɡɛɭɠɞɟɧɢɹɞɨɥɠɧɚɛɵɬɶɡɚɩɪɟɳɟɧɚɥɢɛɨɭɫɬɚɧɨɜɤɨɣɩɟɪɟɦɵɱɤɢ-ɜ',6$%/(
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ɉɨɞɚɬɶɩɢɬɚɧɢɟɧɚɩɪɢɜɨɞɉɪɢɜɨɞɞɨɥɠɟɧɛɵɬɶɨɫɬɚɧɨɜɥɟɧɢɢɧɞɢɤɚɬɨɪɝɨɬɨɜɧɨɫɬɢ
ɩɪɢɜɨɞɚɞɨɥɠɟɧɛɵɬɶɜɤɥɸɱɟɧ
ɍɫɬɚɧɨɜɢɬɟ&21752/6285&(6(/(&7 ɜɵɛɨɪɢɫɬɨɱɧɢɤɚɭɩɪɚɜɥɟɧɢɹ ɜ.(<3$'
ɤɥɚɜɢɚɬɭɪɚ ɇɚ2,0ɜɵɛɟɪɢɬɟ&XUUHQW0LQRU/RRS &0/ ±6&5'LDJQRVWLFV±$UPDWXUH3KDVH)LUH
7HVW
ɍɫɬɚɧɨɜɢɬɟ3+$6(),5(767%5,'*( ɜɵɛɨɪɦɨɫɬɚɪɟɠɢɦɚɬɟɫɬɢɪɨɜɚɧɢɹɡɚɠɢɝɚɧɢɹ
ɮɚɡɵ 3 ɗɬɨɬɞɨɥɠɟɧɛɵɬɶɭɫɬɚɧɨɜɥɟɧɜɫɨɨɬɜɟɬɫɬɜɭɸɳɟɟɡɧɚɱɟɧɢɟɩɟɪɟɞ
ɧɚɱɚɥɨɦɪɟɠɢɦɚɬɟɫɬɢɪɨɜɚɧɢɹɡɚɠɢɝɚɧɢɹɮɚɡɵ
ɉɨɞɤɥɸɱɢɬɶɨɫɰɢɥɥɨɝɪɚɮɤɤɨɧɬɪɨɥɶɧɨɣɬɨɱɤɟɨɛɪɚɬɧɨɣɫɜɹɡɢɬɨɤɚɹɤɨɪɹ --
ɧɚɩɥɚɬɟɊɟɝɭɥɹɬɨɪɚ Ɉɛɪɚɬɢɬɟɜɧɢɦɚɧɢɟɧɚɬɨɱɬɨɨɫɰɢɥɥɨɝɪɚɮɫɩɪɨɝɪɚɦɦɧɵɦ
ɨɛɟɫɩɟɱɟɧɢɟɦ&6ɧɟɢɦɟɟɬɞɨɫɬɚɬɨɱɧɨɣɩɨɥɨɫɵɩɪɨɩɭɫɤɚɧɢɹɞɥɹɷɬɨɝɨ
ɬɟɫɬɢɪɨɜɚɧɢɹ
ɇɚɠɚɬɶ581Ɋɟɠɢɦɩɪɨɜɟɪɤɢɡɚɠɢɝɚɧɢɹɮɚɡɵɹɤɨɪɹɬɟɩɟɪɶɚɤɬɢɜɟɧɇɚ2,0
ɢɧɞɢɰɢɪɭɟɬɫɹɪɚɛɨɬɚɩɪɢɜɨɞɚ
ɍɫɬɚɧɨɜɢɬɟ3+$6(),5(7(67'(/7$ ɩɪɢɪɚɳɟɧɢɟɬɟɫɬɢɪɨɜɚɧɢɹɡɚɠɢɝɚɧɢɹɮɚɡɵ 3 ɜɝɪɚɞɭɫɨɜɆɟɞɥɟɧɧɨɭɜɟɥɢɱɢɜɚɣɬɟ3+$6(),5(7(67'(/7$ɞɨɩɨɹɜɥɟɧɢɹ
ɧɚɨɫɰɢɥɥɨɝɪɚɮɟɭɫɬɨɣɱɢɜɨɣɩɨɫɥɟɞɨɜɚɬɟɥɶɧɨɫɬɢɩɨɥɭɜɨɥɧɩɨɹɜɥɹɟɬɫɹȿɫɥɢɜɫɟ
ɬɢɪɢɫɬɨɪɵɜɜɵɛɪɚɧɧɨɦɦɨɫɬɟɪɚɛɨɬɚɸɬɛɭɞɭɬɢɦɟɬɶɫɹɲɟɫɬɶɫɬɨɥɛɢɤɨɜɵɯɜɵɜɨɞɨɜ
ɡɚɩɟɪɢɨɞɩɟɪɟɦɟɧɧɨɝɨɧɚɩɪɹɠɟɧɢɹȿɫɥɢɤɚɤɚɹɥɢɛɨɢɡɩɨɥɭɜɨɥɧɨɬɫɭɬɫɬɜɭɸɬɨɞɢɧ
ɢɥɢɧɟɫɤɨɥɶɤɨɬɢɪɢɫɬɨɪɨɜɧɚɯɨɞɹɬɫɹɜɧɟɩɪɨɜɨɞɹɳɟɦɫɨɫɬɨɹɧɢɢɈɛɪɚɬɢɬɟ
ɜɧɢɦɚɧɢɟɱɬɨɬɢɪɢɫɬɨɪɵɧɟɨɬɤɪɨɸɬɫɹɞɨɬɟɯɩɨɪɩɨɤɚɭɝɨɥɡɚɠɢɝɚɧɢɹɧɟɛɭɞɟɬ
ɞɨɫɬɚɬɨɱɧɨɫɞɜɢɧɭɬ3+$6(),5(7(67 3 ɛɨɥɶɲɟɝɪɚɞɭɫɨɜȻɥɨɤɨɝɪɚɧɢɱɟɧɢɹ
ɭɪɨɜɧɹɨɝɪɚɧɢɱɢɜɚɟɬɭɪɨɜɟɧɶɢɡɦɟɧɟɧɢɹɫɦɟɳɟɧɢɹɭɝɥɚɡɚɠɢɝɚɧɢɹɱɬɨɛɵ
ɩɪɟɞɨɬɜɪɚɬɢɬɶɜɧɟɡɚɩɧɨɟɭɜɟɥɢɱɟɧɢɟɬɨɤɚɑɬɨɛɵɢɡɛɟɠɚɬɶɩɟɪɟɜɨɞɚɩɪɢɜɨɞɚɜ
ɪɟɠɢɦɧɟɩɪɟɪɵɜɧɨɣɩɪɨɜɨɞɢɦɨɫɬɢɜɨɜɪɟɦɹɷɬɨɣɩɪɨɜɟɪɤɢ3+$6(),5(7(67 3 ɧɟɞɨɥɠɧɚɩɪɟɜɵɲɚɬɶɫɬɟɩɟɧɟɣ ɝɪɚɞɭɫɨɜ ɇɚɠɚɬɶ6723ɱɬɨɛɵɨɫɬɚɧɨɜɢɬɶɩɪɨɜɟɪɤɭɡɚɠɢɝɚɧɢɹɮɚɡɵɹɤɨɪɹ
ȼɵɤɥɸɱɢɬɶɩɢɬɚɧɢɟɩɪɢɜɨɞɚ Ɂɚɛɥɨɤɢɪɨɜɚɬɶɢɩɪɢɧɟɨɛɯɨɞɢɦɨɫɬɢɩɨɦɟɬɢɬɶ
ɩɢɬɚɧɢɟ Ɋɚɡɛɥɨɤɢɪɭɣɬɟɜɚɥɞɜɢɝɚɬɟɥɹɢɥɢɨɬɤɥɸɱɢɬɟɥɚɦɩɵɢɩɨɞɤɥɸɱɢɬɟɤɩɪɢɜɨɞɭɹɤɨɪɶ
ȿɫɥɢɨɛɦɨɬɤɚɜɨɡɛɭɠɞɟɧɢɹɞɜɢɝɚɬɟɥɹɛɵɥɚɨɬɤɥɸɱɟɧɚɩɨɞɤɥɸɱɢɬɟɟɺɢɭɫɬɚɧɨɜɢɬɟ
ɜɩɟɪɜɨɧɚɱɚɥɶɧɨɟɩɨɥɨɠɟɧɢɟɩɟɪɟɦɵɱɤɭ- ɨɛɵɱɧɨ(1$%/(ɧɚ)OH[3DNɫ
ɜɵɩɪɹɦɢɬɟɥɟɦɨɛɦɨɬɤɢɜɨɡɛɭɠɞɟɧɢɹ ɢɥɢ ɧɚ)OH[3DNɫɪɟɝɭɥɹɬɨɪɨɦɬɨɤɚ
ɜɨɡɛɭɠɞɟɧɢɹ ɭɫɬɚɧɨɜɢɬɟɩɚɪɚɦɟɬɪɜ),(/'/2667+5(6+2/' 3 ɩɟɪɜɨɧɚɱɚɥɶɧɨɟ
ɡɧɚɱɟɧɢɟ
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Ɂɚɦɟɧɚɤɨɦɩɨɧɟɧɬɨɜ
ɂɫɩɨɥɶɡɭɣɬɟɬɨɥɶɤɨɨɪɢɝɢɧɚɥɶɧɵɟɡɚɩɚɫɧɵɟ
ɱɚɫɬɢȼɵɛɨɪɫɨɝɥɚɫɧɨɌɚɛɥɢɰɚɦ
Ɋɚɫɩɨɥɨɠɟɧɢɟɱɚɫɬɟɣɩɨɤɚɡɵɜɚɟɬɫɹɧɚɦɟɬɤɟ
ɤɨɦɩɨɧɨɜɤɢɜɧɭɬɪɢ8ɪɚɦɵ
Ɂɚɦɟɧɚɬɢɪɢɫɬɨɪɚɢɥɢɬɢɪɢɫɬɨɪɧɨɝɨ
ɦɨɞɭɥɹɬɢɩɨɪɚɡɦɟɪɚ$
• Ɉɫɥɚɛɶɬɟ ɢ ɨɫɜɨɛɨɞɢɬɟ ɪɟɝɭɥɹɬɨɪ ɢ ɛɥɨɤ
ɢɧɬɟɪɮɟɣɫɚ
• ɍɞɚɥɢɬɟɲɢɧɵɧɚɞɬɢɪɢɫɬɨɪɚɦɢ
• ɍɞɚɥɢɬɟ ɩɪɨɜɨɞɚ ɨɬ ɭɩɪɚɜɥɹɸɳɟɝɨ ɷɥɟɤ
ɬɪɨɞɚɫɨɨɬɜɟɬɫɬɜɭɸɳɟɝɨɬɢɪɢɫɬɨɪɚ
• Ɉɬɜɢɧɬɢɬɟ ɬɢɪɢɫɬɨɪ ɢɥɢ ɬɢɪɢɫɬɨɪɧɵɣ ɦɨ
ɞɭɥɶ
• ɉɟɪɟɞ ɭɫɬɚɧɨɜɤɨɣ ɧɨɜɨɝɨ ɬɢɪɢɫɬɨɪɚ ɢɥɢ
ɬɢɪɢɫɬɨɪɧɨɝɨ ɦɨɞɭɥɹ ɧɚɧɟɫɢɬɟ ɧɚ ɫɬɨɪɨ
ɧɭ ɤɨɬɨɪɚɹ ɧɚɯɨɞɢɬɫɹ ɜɤɨɧɬɚɤɬɟɫɪɚɞɢɚ
ɬɨɪɨɦ ɬɨɧɤɢɣ ɫɥɨɣ ɬɟɩɥɨɩɪɨɜɨɞɹɳɟɣ
ɩɚɫɬɵ
Ⱦɥɹɦɨɞɭɥɟɣ$
ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿȾɥɹɛɟɡɨɩɚɫɧɨɫɬɢɢ
ɩɪɨɫɬɨɬɵ ɭɫɬɚɧɨɜɤɢ ɬɢɪɢɫɬɨɪɨɜ ɜ ɦɨɞɭɥɶ
Ⱥ ɪɟɤɨɦɟɧɞɭɟɬɫɹ ɩɪɢɦɟɧɹɬɶ ɢɧɫɬɪɭ
ɦɟɧɬ31
D
• ȼɫɬɚɜɶɬɟ ɬɢɪɢɫɬɨɪ ɜ ɡɚɠɢɦ ɢ ɩɨɦɟɫɬɢɬɟ
ɟɝɨɧɚɰɟɧɬɪɢɪɭɸɳɢɣɛɨɥɬɪɚɞɢɚɬɨɪɚ
• Ɂɚɤɪɟɩɢɬɟ ɱɟɬɵɪɟ ɛɨɥɬɚ ɫ ɲɟɫɬɢɝɪɚɧɧɨɣ
ɝɨɥɨɜɤɨɣɜɪɭɱɧɭɸɞɨɜɵɛɨɪɚɫɥɚɛɢɧɵɫɨ
ɛɥɸɞɚɹɩɚɪɚɥɥɟɥɶɧɨɫɬɶɪɚɞɢɚɬɨɪɭ
• Ɂɚɬɹɧɢɬɟɤɚɠɞɵɣɛɨɥɬɩɨɞɢɚɝɨɧɚɥɢɲɟɫ
ɬɢɝɪɚɧɧɵɦ ɝɚɟɱɧɵɦ ɤɥɸɱɨɦ ɦɦ ɦɦ ɧɚɩɨɥɨɛɨɪɨɬɚɡɚɨɞɢɧɩɪɢɟɦ
ɈȻɊȺɌɂɌȿ ȼɇɂɆȺɇɂȿ ɋɨɛɥɸɞɚɣɬɟ ɪɟɤɨ
ɦɟɧɞɭɟɦɵɣɦɨɦɟɧɬɡɚɬɹɠɤɢ
• ɉɨɜɬɨɪɢɬɟɩɪɨɰɟɞɭɪɭɞɨɩɨɥɧɨɝɨɡɚɤɪɟɩ
ɥɟɧɢɹɡɚɠɢɦɚɤɪɚɞɢɚɬɨɪɭɫɤɚɠɞɨɣɫɬɨ
ɪɨɧɵ
ȼɢɧɬɵ
ɋɬɚɥɶɧɚɹɩɥɚɫɬɢɧɚ
Ʉɨɪɩɭɫ
D ɉɥɨɫɤɚɹɲɚɣɛɚ
ɉɪɭɠɢɧɧɵɟɩɥɚɫɬɢɧɵ
Ɏɢɤɫɚɬɨɪ
ɉɨɥɭɩɪɨɜɨɞɧɢɤ
ɐɟɧɬɪɢɪɭɸɳɢɣɛɨɥɬ
Ɋɚɞɢɚɬɨɪ
• ɉɨɞɫɨɟɞɢɧɢɬɟɩɪɨɜɨɞɚɭɩɪɚɜɥɹɸɳɟɝɨ
ɷɥɟɤɬɪɨɞɚ
• Ɂɚɤɪɟɩɢɬɟɲɢɧɵ
ɈȻɊȺɌɂɌȿ ȼɇɂɆȺɇɂȿ ɉɟɪɟɞ ɡɚɦɟɧɨɣ
ɬɢɪɢɫɬɨɪɚ ɢɥɢ ɬɢɪɢɫɬɨɪɧɨɝɨ ɦɨɞɭɥɹ ɪɚɡɴ
ɟɦɵ ɭɩɪɚɜɥɹɸɳɟɝɨ ɷɥɟɤɬɪɨɞɚ ɢ ɤɚɬɨɞɚ
ɞɨɥɠɧɵɛɵɬɶɩɪɨɜɟɪɟɧɵɧɚɩɪɨɜɨɞɢɦɨɫɬɶ
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ɁȺɆȿɇȺɄɈɆɉɈɇȿɇɌɈȼɢȾɈɉɈɇɂɌȿɅɖɇɕɏɉɊɂɇȺȾɅȿɀɇɈɋɌȿɃ
Ɂɚɦɟɧɚɬɢɪɢɫɬɨɪɚɧɚɫɢɥɨɜɨɦɦɨɞɭɥɟ
ɬɢɩɨɪɚɡɦɟɪɚ$
• Ɂɚɩɢɲɢɬɟ ɩɪɨɬɨɤɨɥ ɫɥɟɞɭɸɳɟɣ ɩɪɨɰɟɞɭ
ɪɵ
• Ɉɬɤɪɵɬɶ ɤɨɧɬɪɨɥɥɟɪ ɢ ɦɨɞɭɥɶ ɡɚɳɢɬɵ
ɧɚɤɥɨɧɹɹ ɜɩɟɪɟɞ Ɋɚɫɩɨɥɨɠɟɧɢɟ ɬɢɪɢ
ɫɬɨɪɧɨɝɨ ɭɡɥɚ ɜɢɞɢɦɨ ɬɟɩɟɪɶ ɫɨ ɫɬɨɪɨɧɵ
ɫɬɟɧɤɢ
• ɍɞɚɥɢɬɶɲɢɧɵɧɚɩɟɪɟɞɧɟɦɪɚɞɢɚɬɨɪɟ
• Ɉɬɜɢɧɬɢɬɶ ɜɟɪɯɧɢɣ ɨɬɪɚɠɚɬɟɥɶ ɜɨɡɞɭɯɚ
ɨɯɥɚɠɞɟɧɢɹ Ɉɬɤɪɭɬɢɬɶ ɜɢɧɬɵ ɫ ɲɟɫɬɢ
ɝɪɚɧɧɨɣɝɨɥɨɜɤɨɣɞɥɹɭɫɬɚɧɨɜɤɢɲɢɧɵ
• Ɉɬɜɢɧɬɢɬɶ ɧɢɠɧɢɣ ɨɬɪɚɠɚɬɟɥɶ ɜɨɡɞɭɯɚ
ɨɯɥɚɠɞɟɧɢɹ
• Ɉɫɥɚɛɢɬɶɞɜɚɜɢɧɬɚ ɦɦ ɮɢɤɫɚɬɨɪɚɧɚ
ɱɟɬɜɟɪɬɶ ɨɛɨɪɨɬɚ ɉɪɟɞɨɫɬɟɪɟɠɟɧɢɟ
ɰɟɧɬɪɢɪɭɸɳɢɣ ɜɢɧɬ ɮɢɤɫɚɬɨɪɚ ɦɦ ɧɟ
ɞɨɥɠɟɧɛɵɬɶɩɨɜɟɪɧɭɬ • ɂɡɜɥɟɱɶɮɢɤɫɚɬɨɪɢɪɚɞɢɚɬɨɪ
• Ɉɱɢɫɬɢɬɶ ɪɚɞɢɚɬɨɪ ɨɬ ɬɟɩɥɨɩɪɨɜɨɞɹɳɟɣ
ɩɚɫɬɵ
• ɉɨɤɪɵɬɶ ɨɛɟ ɫɬɨɪɨɧɵ ɧɨɜɨɝɨ ɬɢɪɢɫɬɨɪɚ
ɬɨɧɤɢɦɫɥɨɟɦɬɟɩɥɨɩɪɨɜɨɞɹɳɟɣɩɚɫɬɵɚ
• ɍɫɬɚɧɨɜɢɬɶ ɬɢɪɢɫɬɨɪ ɧɚ ɰɟɧɬɪɢɪɭɸɳɟɦ
ɲɬɵɪɟ ɫ ɡɚɞɧɟɣ ɱɚɫɬɢ ɪɚɞɢɚɬɨɪɚ ɋɨɛɥɸ
ɞɚɣɬɟ ɫɨɝɥɚɫɧɨ ɫɯɟɦɟ ɩɪɚɜɢɥɶɧɭɸ ɩɨɥɹɪ
ɧɨɫɬɶɤɚɬɨɞɚɢɚɧɨɞɚ
• ȼɫɬɚɜɢɬɶ ɮɢɤɫɚɬɨɪ ɫɩɟɪɟɞɢ ɪɚɞɢɚɬɨɪɚ ɢ
ɫɨɟɞɢɧɢɬɶ ɬɢɪɢɫɬɨɪ ɫ ɰɟɧɬɪɢɪɭɸɳɢɦ
ɲɬɵɪɟɦ
ɉɊɂɆȿɑȺɇɂȿE
Ɂɚɬɹɧɢɬɟ ɞɜɚ ɜɢɧɬɚ ɮɢɤɫɚɬɨɪɚ ɦɦ ɩɨ
ɨɱɟɪɟɞɧɨ ɧɚ ɱɟɬɜɟɪɬɶ ɨɛɨɪɨɬɚ ɩɨɤɚ ɤɨɥɶɰɨ
ɭɩɪɚɜɥɟɧɢɹ ɩɨɞ ɰɟɧɬɪɢɪɭɸɳɟɣ ɦɭɮɬɨɣ ɝɚɣ
ɤɨɣ ɮɢɤɫɚɬɨɪɚɧɟɫɦɨɠɟɬɛɵɬɶɩɨɜɟɪɧɭɬɨɧɚ
ɝɪɚɞɭɫɨɜ ɜɪɭɱɧɭɸ ɋɜɟɞɢɬɟ ɡɚɡɨɪ ɤ ɦɢ
ɧɢɦɭɦɭ
• ɉɪɨɞɨɥɠɢɬɶɭɫɬɚɧɨɜɤɭɜɩɨɪɹɞɤɟɨɛɪɚɬ
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Ɋɟɤɨɦɟɧɞɭɟɦɵɟɡɚɩɚɫɧɵɟɱɚɫɬɢ
ɌɚɛɥɢɰɚɈɫɧɨɜɧɵɟɪɟɤɨɦɟɧɞɭɟɦɵɟɡɚɩɚɫɧɵɟɱɚɫɬɢɞɥɹɤɜɚɞɪɚɧɬɧɵɯɦɨɞɭɥɟɣ6ɧɚ
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ɉɢɬɚɧɢɟ)33
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ɨɯɥɚɠɞɟɧɢɹ
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ɌɚɛɥɢɰɚɈɫɧɨɜɧɵɟɪɟɤɨɦɟɧɞɭɟɦɵɟɡɚɩɚɫɧɵɟɱɚɫɬɢɞɥɹɤɜɚɞɪɚɧɬɧɵɯɦɨɞɭɥɟɣ65ɧɚ
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ɞɟɧɢɹɫ029
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ɦɢɜɚɪɢɫɬɨɪɚɦɢ
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Ɇɨɞɭɥɶ
Ɇɨɞɭɥɶ
029
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ɢɦɟɸɳɢɣ(3520ɫ
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ɂɧɬɟɪɮɟɣɫ7,&
ɉɢɬɚɧɢɟ)33
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ɨɯɥɚɠɞɟɧɢɹ
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¶H
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ɌɚɛɥɢɰɚɈɫɧɨɜɧɵɟɪɟɤɨɦɟɧɞɭɟɦɵɟɡɚɩɚɫɧɵɟɱɚɫɬɢɞɥɹɤɜɚɞɪɚɧɬɧɵɯɦɨɞɭɥɟɣ6ɧɚ
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ɞɟɧɢɹɫ029
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Ɋɟɝɭɥɹɬɨɪ
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ɂɧɬɟɪɮɟɣɫ7,)
ɉɢɬɚɧɢɟ)33
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ɞɟɧɢɹɫ029
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ɉɢɬɚɧɢɟ)33
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Ʉɨɧɞɟɧɫɚɬɨɪ ɋɨɩɪɨɬɢɜɥɟɧɢɟ
Ʉɨɧɞɟɧɫɚɬɨɪ ɋɨɩɪɨɬɢɜɥɟɧɢɹ
)OH[3DN
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ɌɚɛɥɢɰɚɈɫɧɨɜɧɵɟɪɟɤɨɦɟɧɞɭɟɦɵɟɡɚɩɚɫɧɵɟɱɚɫɬɢɞɥɹɤɜɚɞɪɚɧɬɧɵɯɦɨɞɭɥɟɣ6ɧɚ
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ɧɵɣɛɥɨɤ 3&ɩɥɚɬɵ
ɂɧɬɟɪɮɟɣɫ Ɋɟɝɭɥɹɬɨɪ
7,* ɫ(3520
Ɋɟɝɭɥɹɬɨɪɬɨɤɚɜɨɡɛɭɠɞɟɧɢɹ ɉɢɬɚɧɢɟ)33
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ɧɵɣɛɥɨɤ 3&ɩɥɚɬɵ
ɂɧɬɟɪɮɟɣɫ Ɋɟɝɭɥɹɬɨɪ
7,* ɫ(3520
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ɍɫɬɪɨɣɫɬɜɨɝɚɲɟɧɢɹ6%$ Ɇɨɞɭɥɶ5&ɝɚɲɟɧɢɹ ɬɨɥɶɤɨɞɥɹȼ ¶H
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Ⱦɨɩɨɥɧɢɬɟɥɶɧɵɟɩɪɢɧɚɞɥɟɠɧɨɫɬɢ
Ɂɚɳɢɬɧɵɟɩɪɟɞɨɯɪɚɧɢɬɟɥɢɩɨɜɯɨɞɧɨɦɭɩɟɪɟɦɟɧɧɨɦɭɩɢɬɚɧɢɸɩɪɟɨɛɪɚɡɨɜɚɬɟɥɹɢɰɟɩɢɜɨɡɛɭɠ
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ɩɢɬɚɧɢɟ
Ɍɢɩ Ɍɨɤɞɜɢɝɚɬɟɥɹ ɇɨɦɢɧɚɥ 1ɤɨɦɩɨɧ ɂɧɞɢɤɚɬɨɪ Ⱦɟɪɠɚɬɟɥɶ ɇɨɦɢɧɚɥ
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ɞɟɪɠɚɬɟɥɹɩɪɟɞɨɯɪɚ ɲɢɧɵ',1
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ɫɢɝɧɚɥɨɜɡɧɚɱɟɧɢɹɤɨɬɨɪɵɯɦɟɧɶɲɟɩɨɥɧɨɝɨɭɪɨɜɧɹɞɢɚɩɚɡɨɧɚɩɪɢɜɨɞɚ
ɇɚɩɪɢɦɟɪɟɫɥɢ$1/*,16,*7<3( ɬɢɩɫɢɝɧɚɥɚɚɧɚɥɨɝɨɜɨɝɨɜɯɨɞɚ ɭɫɬɚɧɨɜɥɟɧɜȼɩɪɢ
ȼɫɢɝɧɚɥɟɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɩɪɢɜɨɞɛɭɞɟɬɪɚɛɨɬɚɬɶɧɚɨɬɩɨɥɧɨɝɨɭɪɨɜɧɹɞɢɚɩɚɡɨɧɚ
ɩɪɢɜɨɞɚɑɬɨɛɵɡɚɞɟɣɫɬɜɨɜɚɬɶɜɟɫɶɩɨɥɧɵɣɭɪɨɜɟɧɶɞɢɚɩɚɡɨɧɚɩɪɢɜɨɞɚɩɪɢɢɫɩɨɥɶɡɨɜɚɧɢɢ
ɫɢɝɧɚɥɚȼɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɭɫɬɚɧɨɜɢɬɟɜɩɚɪɚɦɟɬɪɟ$1/*,1*$,1$'-ɡɧɚɱɟɧɢɟɪɚɜɧɨɟ
ȼ[ ȼ Ɉɛɪɚɬɢɬɟɜɧɢɦɚɧɢɟɱɬɨɡɧɚɱɟɧɢɹɤɨɷɮɮɢɰɢɟɧɬɚɭɫɢɥɟɧɢɹɦɟɧɶɲɟɟ
ɱɟɦɭɦɟɧɶɲɚɸɬɪɚɡɪɟɲɟɧɢɟɚɧɚɥɨɝɨɜɨɝɨɜɯɨɞɚ
$1/*,16,*7<3( 3 ɬɢɩɫɢɝɧɚɥɚɚɧɚɥɨɝɨɜɨɝɨɜɯɨɞɚ
ȾɨɫɬɭɩɟɧɬɨɥɶɤɨɩɪɢɭɫɬɚɧɨɜɥɟɧɧɨɦɤɨɦɩɥɟɤɬɟɊɚɫɲɢɪɟɧɢɹɜɯɨɞɨɜɜɵɯɨɞɨɜ
ȼɵɛɢɪɚɟɬɬɢɩɫɢɝɧɚɥɚɚɧɚɥɨɝɨɜɨɝɨɜɯɨɞɚ ɤɥɟɦɦɵɢɧɚɩɥɚɬɟɊɚɫɲɢɪɟɧɢɹ
ɜɯɨɞɨɜɜɵɯɨɞɨɜ ȼɟɥɢɱɢɧɚɷɬɨɝɨɩɚɪɚɦɟɬɪɚɞɨɥɠɧɚɫɨɝɥɚɫɨɜɚɬɶɫɹɫɭɫɬɚɜɤɚɦɢɩɟɪɟɦɵɱɟɤ-ɢ
-ɧɚɩɥɚɬɟɊɚɫɲɢɪɟɧɢɹɜɯɨɞɨɜɜɵɯɨɞɨɜɋɦ$1/*,1*$,1$'-ɧɚɛɥɨɤɫɯɟɦɟ
Ⱦɢɚɩɚɡɨɧɩɚɪɚɦɟɬɪɚ
ȼ ȼ
ɦȺ
ɦȺ
ɇɚɫɬɪɨɣɤɚɩɨɭɦɨɥɱɚɧɢɸȼ
Ɍɢɩɩɚɪɚɦɟɬɪɚ Ʉɨɧɮɢɝɭɪɢɪɭɟɦɵɣ
ɉɭɬɶɜɦɟɧɸ2,0 ,QSXW2XWSXW$QDORJ,2
ɋɦɨɬɪɢɬɚɤɠɟɩɚɪɚɦɟɬɪɵ$1/*,1 3 $1/*,1*$,1$'- 3 $1/*,1=(52$'- 3 $1/*,1=(52$'- 3 ɧɚɫɬɪɨɣɤɚɧɭɥɹɚɧɚɥɨɝɨɜɨɝɨɜɯɨɞɚ
ȾɨɫɬɭɩɟɧɬɨɥɶɤɨɩɪɢɭɫɬɚɧɨɜɥɟɧɧɨɦɤɨɦɩɥɟɤɬɟɊɚɫɲɢɪɟɧɢɹɜɯɨɞɨɜɜɵɯɨɞɨɜ
ɇɚɫɬɪɚɢɜɚɟɬɫɹɧɭɥɟɜɚɹɬɨɱɤɚɚɧɚɥɨɝɨɜɨɝɨɜɯɨɞɚ ɤɥɟɦɦɵɢɧɚɩɥɚɬɟɊɚɫɲɢɪɟɧɢɹ
ɜɯɨɞɨɜɜɵɯɨɞɨɜ ɞɥɹɬɨɝɨɱɬɨɛɵɭɞɚɥɢɬɶɫɦɟɳɟɧɢɟɫɭɳɟɫɬɜɭɸɳɟɟɧɚɜɯɨɞɟ
Ⱦɢɚɩɚɡɨɧɩɚɪɚɦɟɬɪɚ
÷
ɇɚɫɬɪɨɣɤɚɩɨɭɦɨɥɱɚɧɢɸ
Ɍɢɩɩɚɪɚɦɟɬɪɚ Ɋɟɝɭɥɢɪɭɟɦɵɣ
ɉɭɬɶɜɦɟɧɸ2,0 ,QSXW2XWSXW$QDORJ,2
ɋɦɨɬɪɢɬɚɤɠɟɩɚɪɚɦɟɬɪɵ$1/*,1 3 $1/*,1*$,1$'- 3 ɑɬɨɛɵɧɚɫɬɪɨɢɬɶɧɭɥɟɜɭɸɬɨɱɤɭɩɨɧɟɦɧɨɝɭɢɡɦɟɧɹɣɬɟɷɬɨɬɩɚɪɚɦɟɬɪɞɨɬɟɯɩɨɪɩɨɤɚ$1/*,1
ɧɟɫɬɚɧɟɬɪɚɜɟɧɬɟɤɨɝɞɚɫɢɝɧɚɥɧɚɤɥɟɦɦɚɯɢɭɫɬɚɧɨɜɢɬɫɹɜɧɭɥɟɜɭɸɜɟɥɢɱɢɧɭ ȼ
ɦȺɢɥɢɦȺ ɋɦ$1/*,1*$,1$'-ɧɚɛɥɨɤɫɯɟɦɟ
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ɉɊɂɅɈɀȿɇɂȿ%
$1/*,1*$,1$'- 3 ɧɚɫɬɪɨɣɤɚɤɨɷɮɮɢɰɢɟɧɬɚɭɫɢɥɟɧɢɹɚɧɚɥɨɝɨɜɨɝɨɜɯɨɞɚ
ȾɨɫɬɭɩɟɧɬɨɥɶɤɨɩɪɢɭɫɬɚɧɨɜɥɟɧɧɨɦɤɨɦɩɥɟɤɬɟɊɚɫɲɢɪɟɧɢɹɜɯɨɞɨɜɜɵɯɨɞɨɜ
Ɋɟɝɭɥɢɪɨɜɚɧɢɟɤɨɷɮɮɢɰɢɟɧɬɚɭɫɢɥɟɧɢɹɞɥɹɚɧɚɥɨɝɨɜɨɝɨɜɯɨɞɚ ɤɥɟɦɦɵɢɧɚɩɥɚɬɟ
Ɋɚɫɲɢɪɟɧɢɹɜɯɨɞɨɜɜɵɯɨɞɨɜ ɇɚɫɬɪɨɣɤɚɤɨɷɮɮɢɰɢɟɧɬɚɭɫɢɥɟɧɢɹɩɨɡɜɨɥɹɟɬɢɫɩɨɥɶɡɨɜɚɬɶ
ɩɨɥɧɵɣɭɪɨɜɟɧɶɞɢɚɩɚɡɨɧɚɜɯɨɞɧɵɯɫɢɝɧɚɥɨɜɡɧɚɱɟɧɢɹɤɨɬɨɪɵɯɦɟɧɶɲɟɜɟɥɢɱɢɧɵɩɨɥɧɨɝɨ
ɭɪɨɜɧɹɞɢɚɩɚɡɨɧɚɩɪɢɜɨɞɚ
Ⱦɢɚɩɚɡɨɧɩɚɪɚɦɟɬɪɚ
÷
ɇɚɫɬɪɨɣɤɚɩɨɭɦɨɥɱɚɧɢɸ
Ɍɢɩɩɚɪɚɦɟɬɪɚ Ɋɟɝɭɥɢɪɭɟɦɵɣ
ɉɭɬɶɜɦɟɧɸ2,0 ,QSXW2XWSXW$QDORJ,2
ɋɦɨɬɪɢɬɚɤɠɟɩɚɪɚɦɟɬɪɵ$1/*,1=(52$'- 3 $1/*,1 3 ɇɚɩɪɢɦɟɪɩɪɢɫɢɝɧɚɥɟ÷ȼɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɩɪɢɜɨɞɛɭɞɟɬɪɚɛɨɬɚɬɶɧɚɨɬɜɟɥɢɱɢɧɵ
ɩɨɥɧɨɝɨɭɪɨɜɧɹɞɢɚɩɚɡɨɧɚɩɪɢɜɨɞɚɑɬɨɛɵɡɚɞɟɣɫɬɜɨɜɚɬɶɜɟɫɶɩɨɥɧɵɣɭɪɨɜɟɧɶɞɢɚɩɚɡɨɧɚ
ɩɪɢɜɨɞɚɩɪɢɢɫɩɨɥɶɡɨɜɚɧɢɢɫɢɝɧɚɥɚ÷ȼɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɭɫɬɚɧɨɜɢɬɟɜɩɚɪɚɦɟɬɪɟ$1/*,1
*$,1$'-ɡɧɚɱɟɧɢɟɪɚɜɧɨɟ ȼ[ ȼ Ɉɛɪɚɬɢɬɟɜɧɢɦɚɧɢɟɱɬɨɡɧɚɱɟɧɢɹ
ɤɨɷɮɮɢɰɢɟɧɬɚɭɫɢɥɟɧɢɹɦɟɧɶɲɟɟɱɟɦɭɦɟɧɶɲɚɸɬɪɚɡɪɟɲɟɧɢɟɚɧɚɥɨɝɨɜɨɝɨɜɯɨɞɚ
ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿȺɧɚɥɨɝɨɜɵɣɜɯɨɞ ɤɥɟɦɦɵɢɧɚɩɥɚɬɟɊɚɫɲɢɪɟɧɢɹ
ɜɯɨɞɨɜɜɵɯɨɞɨɜ ɩɪɢɧɢɦɚɟɬɬɨɥɶɤɨɜɯɨɞɧɨɣɫɢɝɧɚɥȼɩɨɫɬɨɹɧɧɨɝɨ
ɬɨɤɚ'&ɢɷɬɚɭɫɬɚɜɤɚɧɟɦɨɠɟɬɛɵɬɶɢɡɦɟɧɟɧɚ
$1/*,1=(52$'- 3 ȾɨɫɬɭɩɟɧɬɨɥɶɤɨɩɪɢɭɫɬɚɧɨɜɥɟɧɧɨɦɤɨɦɩɥɟɤɬɟɊɚɫɲɢɪɟɧɢɹɜɯɨɞɨɜɜɵɯɨɞɨɜɇɚɫɬɪɚɢɜɚɟɬɫɹ
ɧɭɥɟɜɚɹɬɨɱɤɚɚɧɚɥɨɝɨɜɨɝɨɜɯɨɞɚ ɤɥɟɦɦɵɢɧɚɩɥɚɬɟɊɚɫɲɢɪɟɧɢɹɜɯɨɞɨɜɜɵɯɨɞɨɜ ɞɥɹ
ɬɨɝɨɱɬɨɛɵɭɞɚɥɢɬɶɫɦɟɳɟɧɢɟɫɭɳɟɫɬɜɭɸɳɟɟɧɚɜɯɨɞɟ
Ⱦɢɚɩɚɡɨɧɩɚɪɚɦɟɬɪɚ
÷
ɇɚɫɬɪɨɣɤɚɩɨɭɦɨɥɱɚɧɢɸ
Ɍɢɩɩɚɪɚɦɟɬɪɚ Ɋɟɝɭɥɢɪɭɟɦɵɣ
ɉɭɬɶɜɦɟɧɸ2,0 ,QSXW2XWSXW$QDORJ,2
ɋɦɨɬɪɢɬɚɤɠɟɩɚɪɚɦɟɬɪɵ$1/*,1 3 $1/*,1*$,1$'- 3 ɑɬɨɛɵɧɚɫɬɪɨɢɬɶɧɭɥɟɜɭɸɬɨɱɤɭɩɨɧɟɦɧɨɝɭɢɡɦɟɧɹɣɬɟɷɬɨɬɩɚɪɚɦɟɬɪɞɨɬɟɯɩɨɪɩɨɤɚ$1/*,1
ɧɟɫɬɚɧɟɬɪɚɜɟɧɬɟɤɨɝɞɚɫɢɝɧɚɥɧɚɤɥɟɦɦɚɯɢɭɫɬɚɧɨɜɢɬɫɹɜɦɢɧɢɦɭɦ ȼ ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿȺɧɚɥɨɝɨɜɵɣɜɯɨɞ ɤɥɟɦɦɵɢɧɚɩɥɚɬɟɊɚɫɲɢɪɟɧɢɹ
ɜɯɨɞɨɜɜɵɯɨɞɨɜ ɩɪɢɧɢɦɚɟɬɬɨɥɶɤɨɜɯɨɞɧɨɣɫɢɝɧɚɥȼɩɨɫɬɨɹɧɧɨɝɨ
ɬɨɤɚɢɷɬɚɭɫɬɚɜɤɚɧɟɦɨɠɟɬɛɵɬɶɢɡɦɟɧɟɧɚ
$1/*0$15()*$,1$'- 3 ɧɚɫɬɪɨɣɤɚɤɨɷɮɮɢɰɢɟɧɬɚɭɫɢɥɟɧɢɹɪɭɱɧɨɝɨɚɧɚɥɨɝɨɜɨɝɨ
ɡɚɞɚɧɢɹ
Ɇɚɫɲɬɚɛɢɪɭɟɬɫɢɝɧɚɥɚɧɚɥɨɝɨɜɨɝɨɡɚɞɚɧɢɹɪɭɱɧɨɝɨɪɟɠɢɦɚȼɟɥɢɱɢɧɚɷɬɨɝɨɫɢɝɧɚɥɚ
ɨɩɪɟɞɟɥɹɟɬɫɹɚɩɩɚɪɚɬɧɵɦɢɫɪɟɞɫɬɜɚɦɢɩɪɢɜɨɞɚɈɛɵɱɧɨɤɨɷɮɮɢɰɢɟɧɬɪɚɜɟɧ
Ⱦɢɚɩɚɡɨɧɩɚɪɚɦɟɬɪɚ÷
ɇɚɫɬɪɨɣɤɚɩɨɭɦɨɥɱɚɧɢɸ
Ɍɢɩɩɚɪɚɦɟɬɪɚ Ɋɟɝɭɥɢɪɭɟɦɵɣ
ɉɭɬɶɜɦɟɧɸ2,0
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$1/*0$15()=(52$'- 3 ɧɚɫɬɪɨɣɤɚɧɭɥɹɪɭɱɧɨɝɨɚɧɚɥɨɝɨɜɨɝɨɡɚɞɚɧɢɹ
ɍɫɬɪɚɧɹɟɬɢɡɫɢɝɧɚɥɚɚɧɚɥɨɝɨɜɨɝɨɡɚɞɚɧɢɹɪɭɱɧɨɝɨɪɟɠɢɦɚɥɸɛɨɟɫɦɟɳɟɧɢɟɜɵɡɜɚɧɧɨɟ
ɚɩɩɚɪɚɬɧɵɦɢɫɪɟɞɫɬɜɚɦɢɈɛɵɱɧɨɪɚɜɟɧ
Ⱦɢɚɩɚɡɨɧɩɚɪɚɦɟɬɪɚ
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ɇɚɫɬɪɨɣɤɚɩɨɭɦɨɥɱɚɧɢɸ
Ɍɢɩɩɚɪɚɦɟɬɪɚ Ɋɟɝɭɥɢɪɭɟɦɵɣ
ɉɭɬɶɜɦɟɧɸ2,0
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ȾɨɫɬɭɩɟɧɬɨɥɶɤɨɩɪɢɭɫɬɚɧɨɜɥɟɧɧɨɦɤɨɦɩɥɟɤɬɟɊɚɫɲɢɪɟɧɢɹɜɯɨɞɨɜɜɵɯɨɞɨɜɇɚɫɬɪɚɢɜɚɹɫ
ɩɨɦɨɳɶɸɷɬɨɝɨɩɚɪɚɦɟɬɪɚɚɧɚɥɨɝɨɜɵɣɜɵɯɨɞ ɤɥɟɦɦɵɢɧɚɩɥɚɬɟɊɚɫɲɢɪɟɧɢɹ
ɜɯɨɞɨɜɜɵɯɨɞɨɜ ɦɨɠɧɨɪɟɝɭɥɢɪɨɜɚɬɶɜɵɯɨɞɧɨɣɫɢɝɧɚɥɜɞɢɚɩɚɡɨɧɟɨɬȼɞɨɩɪɢɛɥɢɡɢɬɟɥɶɧɨ
ȼɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɉɨɥɧɵɣɭɪɨɜɟɧɶɞɢɚɩɚɡɨɧɚ )69 ɨɩɪɟɞɟɥɹɟɬɫɹɭɫɬɚɜɤɨɣ$1/*287
6(/(&7 ɜɵɛɨɪɚɧɚɥɨɝɨɜɨɝɨɜɵɯɨɞɚ Ⱦɢɚɩɚɡɨɧɩɚɪɚɦɟɬɪɚ
÷
ɇɚɫɬɪɨɣɤɚɩɨɭɦɨɥɱɚɧɢɸ
Ɍɢɩɩɚɪɚɦɟɬɪɚ Ɋɟɝɭɥɢɪɭɟɦɵɣ
ɉɭɬɶɜɦɟɧɸ2,0
,QSXW2XWSXW$QDORJ,2
ɋɦɨɬɪɢɬɚɤɠɟɩɚɪɚɦɟɬɪɵ$1/*2876(/(&7 3 $1/*2876,*7<3( 3 ɗɬɨɬɩɚɪɚɦɟɬɪɨɛɵɱɧɨɢɫɩɨɥɶɡɭɟɬɫɹɞɥɹɬɨɝɨɱɬɨɛɵɧɚɫɬɪɨɢɬɶɦɚɫɲɬɚɛɜɨɥɶɬɨɜɨɝɨ
ɜɵɯɨɞɧɨɝɨɫɢɝɧɚɥɚɞɥɹɫɨɝɥɚɫɨɜɚɧɢɹɫɧɚɩɪɹɠɟɧɢɟɦɩɨɞɤɥɸɱɟɧɧɨɝɨɨɛɨɪɭɞɨɜɚɧɢɹɇɚɩɪɢɦɟɪ
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ɫɢɝɧɚɥɵ÷ȼɨɥɶɬɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɇɨɦɢɧɚɥɶɧɨɟɧɚɩɪɹɠɟɧɢɟɜɵɯɨɞɨɜɪɚɜɧɨȼɩɨɫɬɨɹɧɧɨɝɨ
ɬɨɤɚɉɨɷɬɨɦɭɭɫɬɚɧɨɜɤɚɤɨɷɮɮɢɰɢɟɧɬɚɭɫɢɥɟɧɢɹɜɡɧɚɱɟɧɢɟɛɨɥɶɲɟɟɱɟɦɦɨɠɟɬɜɜɟɫɬɢɜ
ɧɚɫɵɳɟɧɢɟɚɧɚɥɨɝɨɜɵɟɜɵɯɨɞɧɵɟɰɟɩɢ
$1/*2876(/(&7 3 ɜɵɛɨɪɚɧɚɥɨɝɨɜɨɝɨɜɵɯɨɞɚ
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Ɋɚɫɲɢɪɟɧɢɹɜɯɨɞɨɜɜɵɯɨɞɨɜ Ʉɨɝɞɚɚɧɚɥɨɝɨɜɵɣɜɵɯɨɞɭɫɬɚɧɚɜɥɢɜɚɟɬɫɹɜɦɚɤɫɢɦɚɥɶɧɨɟ
ɡɧɚɱɟɧɢɟɜɟɥɢɱɢɧɚɜɵɛɪɚɧɧɨɝɨɫɢɝɧɚɥɚɫɨɨɬɜɟɬɫɬɜɭɟɬɩɨɥɧɨɦɭɭɪɨɜɧɸɞɢɚɩɚɡɨɧɚ
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ɉɭɬɶɜɦɟɧɸ2,0
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ɧɚɩɥɚɬɟɊɚɫɲɢɪɟɧɢɹɜɯɨɞɨɜɜɵɯɨɞɨɜ ɗɬɚɭɫɬɚɜɤɚɞɨɥɠɧɚɫɨɝɥɚɫɨɜɵɜɚɬɶɫɹɫɭɫɬɚɧɨɜɤɚɦɢ
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ȼɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɉɨɥɧɵɣɭɪɨɜɟɧɶɞɢɚɩɚɡɨɧɚ )69 ɨɤɨɥɨȼɨɥɶɬɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚ
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ɉɭɬɶɜɦɟɧɸ2,0
,QSXW2XWSXW$QDORJ,2
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ɧɚɫɵɳɟɧɢɟɚɧɚɥɨɝɨɜɵɟɜɵɯɨɞɧɵɟɰɟɩɢ
ɈȻɊȺɌɂɌȿȼɇɂɆȺɇɂȿȺɧɚɥɨɝɨɜɵɣɜɵɯɨɞɜɵɪɚɛɚɬɵɜɚɟɬɜɯɨɞɧɨɣɫɢɝɧɚɥȼɨɥɶɬ
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Ɍɢɩɩɚɪɚɦɟɬɪɚ Ʉɨɧɮɢɝɭɪɢɪɭɟɦɵɣ
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ɩɚɪɚɦɟɬɪɞɨɥɠɟɧɛɵɬɶɭɫɬɚɧɨɜɥɟɧɤɜɚɥɢɮɢɰɢɪɨɜɚɧɧɵɦɩɟɪɫɨɧɚɥɨɦɬɟɦɤɬɨɬɨɱɧɨɩɨɧɢɦɚɟɬ
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ȼɵɛɢɪɚɟɬɫɹɫɢɝɧɚɥɢɫɩɨɥɶɡɭɟɦɵɣɫɚɧɚɥɨɝɨɜɵɦɜɵɯɨɞɨɦɩɪɢɜɨɞɚ ɤɥɟɦɦɵɢɧɚɩɥɚɬɟ
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• ɇɟɢɫɩɪɚɜɟɧɩɪɟɞɨɯɪɚɧɢɬɟɥɶ ɢ ɩɢɬɚɧɢɹɩɟɪɟɦɟɧɧɵɦɬɨɤɨɦ
• ɑɚɫɬɨɬɚɫɟɬɢɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚɧɟɫɨɨɬɜɟɬɫɬɜɭɟɬɬɪɟɛɭɟɦɨɦɭ
ɞɢɚɩɚɡɨɧɭȽɰ
• ɑɪɟɡɦɟɪɧɵɟɩɨɦɟɯɢɢɥɢɢɫɤɚɠɟɧɢɟɫɟɬɢɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚ
• ɇɟɭɫɬɨɣɱɢɜɚɹɱɚɫɬɨɬɚɫɟɬɢɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚ
• Ɉɬɫɨɟɞɢɧɟɧɢɟɩɥɨɯɨɟɫɨɟɞɢɧɟɧɢɟɢɥɢɩɨɜɪɟɠɞɟɧɢɟ
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ɉɥɚɬɚɪɟɝɭɥɹɬɨɪɚɧɟɦɨɠɟɬɫɜɹɡɚɬɶɫɹɫɩɭɥɶɬɨɦɨɩɟɪɚɬɨɪɚ 2,0 Ɉɛɪɚɬɢɬɟɫɶɤɪɚɡɞɟɥɭɤɨɬɨɪɵɣɨɩɢɫɵɜɚɟɬɫɜɟɬɨɞɢɨɞɵ
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• ɇɟɩɪɚɜɢɥɶɧɚɹɧɚɫɬɪɨɣɤɚɤɨɧɬɭɪɚɧɚɩɪɹɠɟɧɢɹ
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ȼɨɡɦɨɠɧɵɟɩɪɢɱɢɧɵ
• Ɉɬɫɨɟɞɢɧɟɧɢɟɩɥɨɯɨɟɫɨɟɞɢɧɟɧɢɟɢɥɢɩɨɜɪɟɠɞɟɧɢɟɰɟɩɢ
ɭɩɪɚɜɥɹɸɳɟɝɨɷɥɟɤɬɪɨɞɚɬɢɪɢɫɬɨɪɚ
• ɇɟɢɫɩɪɚɜɟɧɩɪɟɞɨɯɪɚɧɢɬɟɥɶ ɢ ɩɨɩɟɪɟɦɟɧɧɨɦɭɬɨɤɭ
• ɇɟɩɪɚɜɢɥɶɧɚɹɧɚɫɬɪɨɣɤɚɜɧɭɬɪɟɧɧɟɝɨɤɨɧɬɭɪɚɬɨɤɚ
• ɇɟɩɪɚɜɢɥɶɧɚɹɧɚɫɬɪɨɣɤɚɤɨɧɬɭɪɚɋɤɨɪɨɫɬɢɇɚɩɪɹɠɟɧɢɹ
• ɇɟɢɫɩɪɚɜɧɨɫɬɶɬɢɪɢɫɬɨɪɚ
Ⱥɜɬɨɧɚɫɬɪɨɣɤɚɩɪɟɪɜɚɧɚɢɡɜɧɟ
ȼɨɡɦɨɠɧɵɟɩɪɢɱɢɧɵ
• Ɉɫɬɚɧɨɜɨɬɨɩɟɪɚɬɨɪɚ
• ȼɧɭɬɪɟɧɧɹɹɛɥɨɤɢɪɨɜɤɚ ɢ ɩɪɢɜɨɞɚɪɚɡɨɦɤɧɭɬɚ
• ɇɟɢɫɩɪɚɜɧɨɫɬɶɩɪɢɜɨɞɚ
ɇɟɧɭɥɟɜɚɹɨɛɪɚɬɧɚɹɫɜɹɡɶɩɨɫɤɨɪɨɫɬɢɜɧɚɱɚɥɟɚɜɬɨɧɚɫɬɪɨɣɤɢ
ȼɨɡɦɨɠɧɵɟɩɪɢɱɢɧɵ
• ɇɟɩɪɚɜɢɥɶɧɨɟɦɚɫɲɬɚɛɢɪɨɜɚɧɢɟɨɛɪɚɬɧɨɣɫɜɹɡɢɩɨɫɤɨɪɨɫɬɢ
ɢɥɢɫɦɟɳɟɧɢɟ
• ɇɚɝɪɭɡɤɚɜɵɡɜɚɥɚɜɪɚɳɟɧɢɟɜɚɥɚɞɜɢɝɚɬɟɥɹ
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ȼɨɡɦɨɠɧɵɟɩɪɢɱɢɧɵ
• Ɉɛɦɨɬɤɚɹɤɨɪɹɞɜɢɝɚɬɟɥɹɧɟɩɨɞɤɥɸɱɟɧɚɢɥɢɪɚɡɨɛɪɚɧɚɫɯɟɦɚ
• ɇɟɢɫɩɪɚɜɧɨɫɬɶɩɪɟɞɨɯɪɚɧɢɬɟɥɹɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚ
• ɇɟɢɫɩɪɚɜɧɨɫɬɶɩɨɨɬɤɥɸɱɟɧɢɸɪɚɡɴɟɞɢɧɢɬɟɥɹ
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ɚɜɬɨɧɚɫɬɪɨɣɤɢ ɈɉɂɋȺɇɂȿ
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ȼɨɡɦɨɠɧɵɟɩɪɢɱɢɧɵ
• Ⱦɜɢɝɚɬɟɥɶɧɟɦɨɠɟɬɜɪɚɳɚɬɶɫɹɫɜɨɛɨɞɧɨɢɡɡɚɦɟɯɚɧɢɱɟɫɤɨɝɨ
ɬɪɟɧɢɹ
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• ɇɟɧɨɪɦɚɥɶɧɚɹɪɚɛɨɱɚɹɬɟɦɩɟɪɚɬɭɪɚɜɨɡɛɭɠɞɟɧɢɹɞɜɢɝɚɬɟɥɹ
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ȼɨɡɦɨɠɧɵɟɩɪɢɱɢɧɵ
• Ⱦɨɫɬɢɝɧɭɬɚɦɚɤɫɢɦɚɥɶɧɚɹɫɤɨɪɨɫɬɶɚɜɬɨɧɚɫɬɪɨɣɤɢ
• ȼɪɚɳɟɧɢɟɧɚɝɪɭɡɤɨɣ
• ȼɵɫɨɤɨɟɦɟɯɚɧɢɱɟɫɤɨɟɬɪɟɧɢɟ
• ɇɟɜɨɡɦɨɠɧɚɚɜɬɨɧɚɫɬɪɨɣɤɚɤɨɧɬɭɪɚɫɤɨɪɨɫɬɢɇɚɫɬɪɨɢɬɶ
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ɇɟɭɫɬɨɣɱɢɜɚɹɫɤɨɪɨɫɬɶ
ȼɨɡɦɨɠɧɵɟɩɪɢɱɢɧɵ
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• Ɉɛɪɚɬɧɚɹɫɜɹɡɶɫɬɚɯɨɝɟɧɟɪɚɬɨɪɨɦɩɨɞɤɥɸɱɟɧɚɧɟɩɪɚɜɢɥɶɧɨ
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ȼɨɡɦɨɠɧɵɟɩɪɢɱɢɧɵ
• Ɉɩɪɟɞɟɥɟɧɧɚɹɭɫɬɨɣɱɢɜɨɫɬɶɦɟɧɶɲɟɱɟɦɪɚɫɱɟɬɧɚɹɩɪɢ
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ȼɨɡɦɨɠɧɵɟɩɪɢɱɢɧɵ
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ɉɪɟɨɛɪɚɡɨɜɚɬɟɥɶ
5),ɮɢɥɶɬɪ
Ɋɚɡɴɟɦɜɯɨɞɚɩɟɪɟɦɟɧɧɨɝɨ
ɬɨɤɚ
ɉɪɟɞɨɯɪɚɧɢɬɟɥɢɜɯɨɞɚ
ɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚ
Ʉɥɟɦɦɧɢɤɢɞɥɹɠɢɥɶɧɨɝɨ
ɤɚɛɟɥɹ ///3( ɜɯɨɞɚ
ɩɟɪɟɦɟɧɧɨɝɨɬɨɤɚ
Ɂɚɳɢɬɧɚɹɲɢɧɚɡɚɡɟɦɥɟɧɢɹ
ɲɤɚɮɚ
Ʉɚɛɟɥɶɧɵɣɭɡɟɥ
ɤɪɨɧɲɬɟɣɧ
ɗɤɪɚɧ
ɗɤɪɚɧɢɪɨɜɚɧɧɵɣɠɢɥɶɧɵɣ
ɤɚɛɟɥɶɹɤɨɪɹɞɜɢɝɚɬɟɥɹ
ɗɤɪɚɧɢɪɨɜɚɧɧɵɣɠɢɥɶɧɵɣ
ɤɚɛɟɥɶɜɨɡɛɭɠɞɟɧɢɹɜɯɨɞɚ
ɞɜɢɝɚɬɟɥɹ
ɗɤɪɚɧɢɪɨɜɚɧɧɵɣɤɚɛɟɥɶ
ɫɢɝɧɚɥɶɧɵɯɰɟɩɟɣ
ɨɛɪɚɬɧɚɹɫɜɹɡɶɡɚɞɚɧɢɟ (0&ɩɪɨɜɟɪɟɧɧɵɣ
ɭɩɥɨɬɧɢɬɟɥɶ
ɛɪɨɧɢɪɨɜɚɧɧɨɝɨɤɚɛɟɥɹɜ
ɤɥɟɦɦɧɨɣɤɨɪɨɛɤɟ
Ɋɢɫɭɧɨɤ+ɉɪɢɦɟɪɤɨɧɮɢɝɭɪɚɰɢɢɲɤɚɮɚɭɩɪɚɜɥɟɧɢɹ
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H
ɉɊɂɅɈɀȿɇɂȿ+
ɂɧɫɬɪɭɤɰɢɢɩɨɦɨɧɬɚɠɭ
Ʉɚɛɟɥɶɞɜɢɝɚɬɟɥɹ
•
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Ʉɚɛɟɥɢɦɟɠɞɭɲɤɚɮɨɦɜɵɯɨɞɨɦɹɤɨɪɹɢɹɤɨɪɟɦɞɜɢɝɚɬɟɥɹɩɨɫɬɨɹɧɧɨɝɨɬɨɤɚɞɨɥɠɧɵɛɵɬɶɢɡ
ɠɢɥɶɧɨɝɨ ɷɤɪɚɧɢɪɨɜɚɧɧɨɝɨ ɤɚɛɟɥɹ ɢ ɡɚɡɟɦɥɹɸɳɚɹ ɠɟɥɬɨɡɟɥɟɧɚɹ ɠɢɥɚ ɤɚɤ ɩɨɤɚɡɚɧɨ
ɧɚɪɢɫɭɧɤɟ+
Ʉɚɛɟɥɢ ɦɟɠɞɭ ɜɵɯɨɞɨɦ ɩɢɬɚɧɢɹ ɜɨɡɛɭɠɞɟɧɢɹ ɢ ɜɨɡɛɭɠɞɟɧɢɟɦ ɞɜɢɝɚɬɟɥɹ ɩɨɫɬɨɹɧɧɨɝɨ ɬɨɤɚ
ɞɨɥɠɧɵɛɵɬɶɜɵɩɨɥɧɟɧɵɠɢɥɶɧɵɦɷɤɪɚɧɢɪɨɜɚɧɧɵɦɤɚɛɟɥɟɦ
ɗɤɪɚɧɨɦ ɞɨɥɠɧɚ ɛɵɬɶ ɜɢɬɚɹ ɦɟɞɧɚɹ ɨɩɥɟɬɤɚ ɢɥɢ ɜɢɬɚɹ ɫɬɚɥɶɧɚɹ ɨɩɥɟɬɤɚ Ɉɧɚ ɞɨɥɠɧɚ ɛɵɬɶ
ɠɟɫɬɤɨ ɫɨɟɞɢɧɟɧɚ ɫ ɲɢɧɨɣ ɡɚɡɟɦɥɟɧɢɹ ɲɤɚɮɚ ɭɩɪɚɜɥɟɧɢɹ ɢɥɢ ɡɚɡɟɦɥɢɬɟɥɟɦ
ɩɪɟɨɛɪɚɡɨɜɚɬɟɥɹɫɛɨɥɶɲɨɣɩɥɨɳɚɞɶɸɫɨɟɞɢɧɟɧɢɹɢɯɨɪɨɲɟɣɩɪɨɜɨɞɢɦɨɫɬɶɸ
ɗɤɪɚɧ ɧɚ ɫɬɨɪɨɧɟ ɞɜɢɝɚɬɟɥɹ ɞɨɥɠɟɧ ɛɵɬɶ ɠɟɫɬɤɨ ɫɨɟɞɢɧɟɧ ɫ ɤɨɪɩɭɫɨɦ ɞɜɢɝɚɬɟɥɹ
ɨɛɟɫɩɟɱɢɜɚɹɛɨɥɶɲɭɸɩɥɨɳɚɞɶɫɨɟɞɢɧɟɧɢɹɫɯɨɪɨɲɟɣɩɪɨɜɨɞɢɦɨɫɬɶɸ
ȿɫɥɢɧɟɥɶɡɹɢɫɩɨɥɶɡɨɜɚɬɶɷɤɪɚɧɢɪɨɜɚɧɧɵɟɤɚɛɟɥɢ ɨɝɪɚɧɢɱɟɧɢɟɞɨɫɬɭɩɧɵɯɤɪɨɫɫɨɜɵɯɫɟɤɰɢɣ ɨɬɞɟɥɶɧɵɟ ɩɪɨɜɨɞɧɢɤɢ ɢ ɡɚɳɢɬɧɵɟ ɩɪɨɜɨɞɧɢɤɢ ɞɨɥɠɧɵ ɛɵɬɶ ɜɵɩɨɥɧɟɧɵ ɜ ɫɬɚɥɶɧɵɯ
ɬɪɭɛɨɩɪɨɜɨɞɚɯ ɢɥɢ ɩɪɨɤɥɚɞɵɜɚɬɶɫɹ ɜ ɦɟɬɚɥɥɢɱɟɫɤɢɯ ɤɚɛɟɥɶɧɵɯ ɤɚɧɚɥɚɯ ɫɨɟɞɢɧɟɧɧɵɯ ɬɚɤ
ɱɬɨɛɵɡɚɡɟɦɥɢɬɶɨɛɚɤɨɧɰɚ
ȼɫɟ ɩɪɨɜɨɞɚ ɞɨɥɠɧɵ ɢɦɟɬɶ ɨɞɧɭ ɢ ɬɭ ɠɟ ɤɪɨɫɫɨɜɭɸ ɫɟɤɰɢɸ ɡɚɡɟɦɥɹɸɳɢɟ ɩɪɨɜɨɞɧɢɤɢ ɫ
ɤɪɨɫɫɨɜɨɣɫɟɤɰɢɟɣ! ɦɢɧɢɦɭɦ ɢɥɢɩɪɨɜɨɞɚɹɤɨɪɹ ɋɨɟɞɢɧɟɧɢɹ ɦɟɠɞɭ ɮɢɥɶɬɪɨɦ ɢ ɩɪɟɨɛɪɚɡɨɜɚɬɟɥɟɦ ɞɨɥɠɧɵ ɛɵɬɶ ɬɚɤ ɤɨɪɨɬɤɢ ɧɚɫɤɨɥɶɤɨ
ɜɨɡɦɨɠɧɨ ɗɬɢ ɩɪɨɜɨɞɧɢɤɢ ɞɨɥɠɧɵ ɛɵɬɶ ɫɨɟɞɢɧɟɧɵ ɜ ɫ ɭɡɥɨɦ ɨɩɥɟɬɤɢ ɬɪɟɭɝɨɥɶɧɢɤ ɜ
ɤɪɨɫɫɨɜɨɣɫɟɤɰɢɢ
•
ɋɢɥɨɜɵɟɢɫɢɝɧɚɥɶɧɵɟɩɪɨɜɨɞɧɢɤɢɜɧɭɬɪɢɲɤɚɮɚɞɨɥɠɧɵɛɵɬɶɨɬɞɟɥɟɧɵɞɪɭɝɨɬɞɪɭɝɚ
Ⱥɧɚɥɨɝɨɜɵɟɢɥɢɞɢɫɤɪɟɬɧɵɟɫɢɝɧɚɥɵ ɧɚɩɪɢɦɟɪɡɚɞɚɧɢɟɫɢɝɧɚɥɵɨɛɪɚɬɧɨɣɫɜɹɡɢ ɫɢɝɧɚɥɵɭɩɪɚɜɥɟɧɢɹ ɪɟɥɟ
ɗɬɢ ɫɢɝɧɚɥɶɧɵɟ ɩɪɨɜɨɞɚ ɞɨɥɠɧɵ ɛɵɬɶ ɜɵɩɨɥɧɟɧɵ ɢɡ ɷɤɪɚɧɢɪɨɜɚɧɧɨɝɨ ɤɚɛɟɥɹ ɤɚɤ ɩɨɤɚɡɚɧɨ ɧɚ
ɪɢɫɭɧɤɟ+
Ɉɬɞɟɥɶɧɵɟɩɪɨɜɨɞɧɢɤɢɞɨɥɠɧɵɛɵɬɶɫɤɪɭɱɟɧɵɧɨɜɢɬɵɟɩɚɪɵɧɟɬɪɟɛɭɸɬɫɹ
ɗɤɪɚɧɞɨɥɠɟɧɛɵɬɶɡɚɡɟɦɥɟɧɫɨɛɨɢɯɤɨɧɰɨɜ
ɋɤɪɭɱɟɧɧɵɣɦɟɞɧɵɣɩɪɨɜɨɞ
ɉɥɚɫɬɦɚɫɫɨɜɚɹɢɡɨɥɹɰɢɹ
ȼɧɭɬɪɟɧɧɹɹɩɥɚɫɬɦɚɫɫɨɜɚɹɨɛɨɥɨɱɤɚ
ɋɩɥɨɲɧɨɣɷɤɪɚɧɢɡɝɚɥɶɜɚɧɢɡɢɪɨɜɚɧɧɨɣɦɟɞɧɨɣɢɥɢɫɬɚɥɶɧɨɣɨɩɥɟɬɤɢ
ȼɧɟɲɧɹɹɩɥɚɫɬɦɚɫɫɨɜɚɹɨɛɨɥɨɱɤɚ
Ɋɢɫɭɧɨɤ+ɋɩɟɰɢɮɢɤɚɰɢɹɞɥɹɷɤɪɚɧɢɪɨɜɚɧɧɨɝɨɤɚɛɟɥɹ
H
)OH[3DN
+
ɉɊɂɅɈɀȿɇɂȿ+
+
)OH[3DN
H