Sigma AF 4.5mm F2.8 EX DC Circular Fisheye HSM Lens 说明手册

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܂ֽؓڤΕিऴ࠷ࡲࣁ᥊ቹ ʳ
ڕ ۶ 侏 ೈ ᆬ ਮ ຑ ൷ ஆ 
੡ֱঁ֫਍ࣁ᥊Δױ侏ೈᆬਮຑ൷ஆΔଈ࣋ᠾਮஆலऱ᠙ၨ௕Δਊല
᠙ၨ௕ඝ۟ 5(029( ۯᆜ ቹ ʼΖʳ
ᤉۖല᠙ၨ௕ࢸᠦࡐࡳۯᆜቹ Δᆬਮຑ൷ஆঁױᠾๅΖ
‹
ױૹ៿אՂ࿓ݧΔലᆬਮຑ൷ஆᇘ಻ڃᢴߪՂ
‹
ڇ ᢴ ᙰ լ Ꮑ 侏 ೈ ࢨ ᇘ ಻ ڃ ᆬ ਮ ຑ ൷ ஆ ழ Δ ֊ ಖ լ ױ ല ᠙ ၨ ௕ ඝ ۟
5(029( ۯᆜΔڼױᖄ ીᢴᙰࡉᖲ᧯ๅᆵᏽچΔٵழᓮല᠙ၨጹ᠙Ζ
‹
ᅝᢴᙰբᇘ಻ڇᖲ᧯ழΔᓮլ૞࠵ೈᆬਮຑ൷ஆΖ
᎛ ᥊ ᏺ ၏ ᢴ 
ڼ ᢴ ױ ಻ ش ᔞ ್ ऱ $32(;[ ࢨ  [ ᎛ ᥊ ᏺ ၏ ᢴ ׼ ᝜ ᆜ Δྡྷ ၏
ܛ ױ ։ ܑ ᏺ ࢏ ሒ PP) ࢨ PP) ၌ ᎛ ᥊ ऱ ᢴΖ
‹
।٨ՂऱᢴᙰΔլױ಻شࠡה঴ྨऱᏺ၏ᢴΖ
‹
ڇ಻ش '6/5 ᑇᒘ໢ᢴ֘٠ઌᖲழΔ㺞௺৬ᤜᢴᙰᚨ಻ش '* ߓ٨ऱ
$32 ᎛᥊ᏺ၏ᢴΖ
‹
ૉઌᖲ $) ۞೯ኙྡྷᑓڤ๻࣍ßኙֺڤàኙྡྷழΔኔழ࠷ནኙྡྷפ౨ױ
ٵழച۩Ζ
ᔟ ٠ ᆝ 
ᙟᢴॵ଺ᐗ༺Եڤᔟ٠ᆝΔ،ױ߻ַቹቝᒤ໮א؆ᠧ٠ၞԵᢴփΔᐙ᥼
ቹቝᔆᑇΖᔟ٠ᆝڜᇘΚڇᢴছጤ༺Եᔟ٠ᆝΔאႉழಾֱٻ᠏೯۟ೖ
ַۯᆜΔྥ৵אᔟ٠ᆝՂऱ᠙ၨࡐࡳ٠ᆝ࣍ᢴጤՂΖቹ 
‹
ലᔟ٠ᆝൕᢴᙰՂ侏ՀΔലࠡאଙᆜֱڤ༺Եᢴছጤ༺Եᔟ٠ᆝΔא
ႉழಾֱٻ᠏೯۟ೖַۯᆜΔྥ৵אᔟ٠ᆝՂऱ᠙ၨࡐࡳ٠ᆝ࣍ᢴጤ
ՂΔݙګ৵ঁױگ౏ڃᚏژᢴ๳խ
ॊ  ൅ 
ᓮലॊ൅ᢀ࣍ቹ  ࢬقຝٝΖ
ៀ  ᢴ 
‹
ޢڻ׽ױࠌشԫ࣭ៀᢴΖڕ࣠ࠌش࣭ࠟאՂ֗Яࢨࠌشೣ٠ᢴ࿛௽দ
ៀᢴΔຟױ౨ᄎທګᄉᐙΖ
‹
$) ઌᖲᚨᙇشႽݮೣ٠ᢴΖ
অ 塄 ֗ ژ ࣋ 
‹
ᚨᝩ܍ᐳᚰࢨऴ൷ᆜ࣋ڇᎩᑷΕᄕܐࢨᑪᛘऱᛩቼՀΖ
‹
ڕ࣠૞९ཚژ࣋Δࡵᙇᖗອළ೓෯֗ຏଅߜړऱچֱΖ੡Աঅᥨᢴᙰ
ऱףᓂᐋΔࡵ᎛ᠦ߻៽Մࢨ߻៽Մ࿇נ௛᧯ऱچֱΖ
‹
ᢴׂՂऱۆৃࢨਐెױشਫຌპᛘऱᢴᙰؒࢨᢴᙰ౐堚ᑥΔ൫֊֎ش
ᄫᕪΕ૖ࢨࠡהڶᖲ堚ᑥᕪΖ
‹
ءᢴᙰࠀլ߻ֽΔՀॸࢨ൷२ֽᄭழࠌش௽ܑ՛֨Δ֊֎ݫᛘΖଣૉ
փຝᖲٙΕᢴׂ֗ሽ՗ሿٙڂ࠹ᛘݫჾΔՕຟྤऄଥ෻Ζ
‹
ᄵ৫ડ᧢ױ౨ᄎחᢴᙰ।૿ᕩ࿨ᣆ௛ࢨֽរΔڂڼڇ֚௛༃ܐழၞԵᄊ
ࡉऱ৛փᛩቼΔ່ړലᢴᙰ࣋ڇᢴᙰ๳փΔऴ۟ᢴᙰᄵ৫൷२৛ᄵ੡ַΖ
ʳ
׽⃰شՊխ㧺ʳ 䣈
䣈 ঴֫㡸  քẊٲ呐ढ凝ऱټ㲯א֗ژڇᩓܡʳ 
ڶ੅ڶ୭ढ凝ࢨցై
ຝٙټ㲯
3E
ޤ
+J
&G
ք᪔卲
&U
ڍᖾ侶૖
3%%
ڍᄽԲ૖ㅘ
3%'(
؆㨆 ८㺉ຝٙ
g
Ũ
Ũ
Ũ
Ũ
Ũ
؆㨆 䰵౟ຝٙ
Ũ
Ũ
Ũ
Ũ
Ũ
Ũ
ഗࣨຝٙ
g
Ũ
Ũ
Ũ
Ũ
Ũ
٠䝤ຝٙ
Ũ
Ũ
Ũ
Ũ
Ũ
Ũ
᫕ඳຝٙ
Ũ
Ũ
Ũ
Ũ
Ũ
Ũ

׽⃰شՊխ㧺
Ũ।ق具ڶ੅ڶ୭ढ凝ڇ具ຝٙࢬڶढ݁凝ޗறխऱܶၦ݁ڇ 6-7
䰬଱億ࡳऱૻၦ૞ޣאՀΖ
g।ق具ڶ੅ڶ୭ढ凝ࠩڇ具ຝٙऱਬԫ݁凝ޗறխऱܶၦ၌נ 6-7
䰬଱億ࡳऱૻၦ૞ޣΖ
 ࢨ  䨞ݮܶ㠼 ڼ䰬兘ਢ⃰شՊڇխ㧺ቼ㡕历ഇऱ䶣՗允ஒ䣈঴ऱ㩾অࠌش
ཚૻΖڼ䣈঴ࠌشृ׽૞ᙅښڜ٤ࡉࠌشՂऱࣹრࠃ咊Δ㡘س䣈հֲದऱԼڣ
ࢨնڣཚ吗լ㢸㢑㩾ቼۆ਩ΔՈլ㢸㢑Գߪࡉ凗䣈ທګૹՕᐙ㫠Ζ
խ֮ᎅࣔ஼ʳ
㐐Ἤ⫼ ⥀㪼⪰ Ạ㢹䚨㨰㊈㉐ ␴␜䢼 ᵄ㇠䚝⏼␘ ⸬ ㉘⮹㉐⪰ 㢱㡰㐔 䟸 ⥀㪼㢌
ὤ⏙ 㦤㣅 㼜Ἵㇵ㢌 㨰㢌㥄㡸 㥉䞉䚌᷀ 㢨䚨䚌㜠 ㇠㟝䚨 㨰㐐Ὤ ⵈ⣁⏼␘ ❄䚐
⸬ ㉘⮹㉐⏈ ᴵ 㾨⮈⢰ ⫼㟨䏬ⷸ ḩ㟝㉘⮹㉐⦐ ╌㛨 㢼㡰⮤ ⥀㪼䚡⯝⫼␘
㇠㟝䚌㐐⏈ 䚨␭ 㾨⮈⢰㢌 㼜Ἵ㉘⮹㉐㝴 䚜‌ 㵬Ḕ䚌㐐Ὤ ⵈ⣁⏼␘
 ᷱḔ 㼜Ἵ ⺴㨰㢌⦐ ㇠㟝㣄ᴴ 䙰䚨⪰ 㢹㡸 ᴴ⏙㉥㢨 㢼㏩⏼␘
Š
⥀㪼⪰ 㣙㵝䚐 㾨⮈⢰⦐ 䈐㛅 ⵃ ᵉ䚐 ṅ㉔㡸 㡕㙼㡰⦐ 㫵㥅 ⸰ ⚀ 㐐⥙㣙㚔⪰
㸼⣌䚔 ㍌ 㢼㏩⏼␘ 䏭䢼 ⥀㪼⬀㡰⦐ 䈐㛅㡸 㫵㥅 ⸰ ᷱ㟤 㐘⮹㢌 㠄㢬㢨 ╝⏼␘
 㨰㢌 㼜Ἵ ⺴㨰㢌⦐ ㇠㟝㣄ᴴ 䙰䚨⪰ 㢹ᶤ⇌ Ɒ㫼㤵 ㋄䚨㢌 ⵐ㈑ᴴ⏙㉥㢨 㢼㏩⏼␘
Š
㚒◘ 㿕㡸 ⥀㪼⦐⺴䉤 ⺸⫠䚐 㵸 ⵝ㾌䚌⮨ 䈐㛅ṅ㜄 㢌䚌㜠 㬅ṅ䜸ㇵ㢨 ⵐ㈑
䞈㣠㢌 㠄㢬㢨 ╝⏼␘
Š
⫼㟨䏬 ⺴⺸㡴 ⸩㣕䚐 Ạ㦤⦐ ╌㛨 㢼㡰⳴⦐ 㦤㐠䚌㜠 㼜Ἵ䚌㐐ὤ ⵈ⣁⏼␘
Š
ㇰᴵ␴⏈ ᵉ⓸ᴴ ⋆㡴 㥐䖼㡸 Ề㣙䚝⏼␘ ᵉ⓸ᴴ 㚱䚐 ㇰᴵ␴ ㇠㟝 㐐 㘤⤠㫼
㜰⥘ᴴ 㢼㏩⏼␘
ᴵ⺴㢌 ⮹㾡Ἤ⫰
Ĭ
䙸 䉤㋀䁇
ĭ
㩀 ⫵
Į
䔠䀘㏘ ⫵
į
ᶤ⫠䖐㐐
İ
㫴䖐㉔
ı
⫼㟨䏬
IJ
䔠䀘㏘ ⯜☐ 㤸䞌㏘㠸㾌
ij
䔠䀘㏘ 㥐䚐 㣙㾌
Ĵ
26 ㏘㠸㾌
ĵ
㇠㟝㣄G 㥉㢌G ⯜☐G ㏘㠸㾌
Ķ
䏬⢰㢨䔠☐ ㋀䁇
ķ
⥀㪼 䟸☐
⏼䂌 $) 䇴㢹 㾨⮈⢰
㢨 ⥀㪼㢌 ὤ⏙☘㡴 * 䇴㢹㦤⫠ᵐ ⫵㢨 㛺⏈ 㝘䋔 䔠䀘㏘ ⏼䂌 ⥀㪼㝴 ┍㢰
䚝⏼␘ 㾨⮈⢰㝴㢌 㦤䚝㜄 ♤⢰ 㢰⺴ ὤ⏙☘㢌 㥐䚐㢨 㢼㡸 ㍌ 㢼㏩⏼␘ 㦴⒈
㣄㉬䚐 ⇨㟝㡴 㾨⮈⢰㢌 ㇠㟝 ㉘⮹㉐⪰ 㵬㦤 䚌㐐ὤ ⵈ⣁⏼␘
⥀㪼㢌 㣙㵝ⵝⷉ
㾨⮈⢰㜄 㣙㵝 㵝䇼ⵝⷉ㡴 ㇠㟝䚌㐐⏈ 㾨⮈⢰ 㥐㦤㇠㢌 ⥀㪼ẤḰ ┍㢰䚌⳴⦐
㾨⮈⢰ ㇠㟝㉘⮹㉐⪰ 㵬Ḕ䚌㐐ὤ ⵈ⣁⏼␘
‹
⫼㟨䏬 ⮨㜄⏈ 㦤⫠ᵐ 㜤┍㟝 $) 㜤┍㟝 㣙㾌 ⵃ 㤸ὤ 㥅㥄 ☥㢨 㢼㏩⏼␘
ㇵ㷌 ⵃ 㝘㜰㜄 㢌䚌㜠 㝘㣅┍ ⵃ Ḕ㣙㢌 㠄㢬㢨 ╌⳴⦐ 㨰㢌 ⵈ⣁⏼␘
㦤⫠ᵐ ㉘㥉
㦤⫠ᵐ ㉘㥉ⵝⷉ㡴 ㋀㫴䚌Ḕ ᷸㐔 㾨⮈⢰ 㥐㦤㇠㢌 ⥀㪼ẤḰ ┍㢰䚌⳴⦐ 㾨⮈⢰
㇠㟝㉘⮹㉐⪰ 㵬Ḕ䚌㐐ὤ ⵈ⣁⏼␘
㸼㥄  
㢨 ⥀㪼⏈ 䚌㢨䒰 ㋀⏽ ⯜䉤+60㸼㢀䑀 ⯜䉤⪰ 㵸䈑䚌㜠 㐔㋁䚐 㝘䋔
䔠䀘㏘㝴 㣅┍㢀㢌 㥐ᶤ⪰ 㐘䜸䚌㜴㏩⏼␘
6,*0$$)  &$121$)
㝘䋔 䔠䀘㏘ 㣅┍㡸 㠸䚨㉐⏈ ⥀㪼㢌 䔠䀘㏘ ⯜☐ ㏘㠸㾌⪰ ³$)´ ⯜☐⦐ ㉘㥉䚌㐐ὤ
ⵈ⣁⏼␘ Ἤ⫰ 䔠䀘㏘⪰ ㍌┍㡰⦐ ㉘㥉䚌㐐ὤ⪰ 㠄䚌㐘 ᷱ㟤 ⥀㪼㢌 䔠䀘㏘
⯜☐ ㏘㠸㾌⪰ ³0´ ⯜☐⦐ ㉘㥉䚌㐐⮨ 䔠䀘㏘ ⫵㡸 ─⥘ 㸼㥄 㦤㥉㢨 ᴴ⏙䚝⏼␘
1,.21$)
㝘䋔 䔠䀘㏘ 㣅┍㡸 㠸䚨㉐⏈ 㾨⮈⢰⪰ $) ⯜☐⦐ ㉘㥉䚌㐔 䟸 ⥀㪼㢌 䔠䀘㏘
⯜☐ ㏘㠸㾌⪰ ³$)´ ⯜☐⦐ ㉘㥉䚌㐐ὤ ⵈ⣁⏼␘ Ἤ⫰ 䔠䀘㏘⪰ ㍌┍㡰⦐
㉘㥉䚌㐐ὤ⪰ 㠄䚌㐘 ᷱ㟤 ⥀㪼㢌 䔠䀘㏘ ⯜☐ ㏘㠸㾌⪰ ³0´ ⯜☐⦐ ㉘㥉䚌㐐⮨
䔠䀘㏘ ⫵㡸 ─⥘ 㸼㥄 㦤㥉㢨 ᴴ⏙䚝⏼␘
‹
㾨⮈⢰㢌 䔠䀘㐥 ⯜☐⪰ ⷴᷱ䚌ὤ 㠸䚨㉐⏈ 㾨⮈⢰ ㇠㟝 ㉘⮹㉐⪰ 㵬㦤䚌㐐ὤ
ⵈ⣁⏼␘
‹
⏼䂌 ⫼㟨䏬㢌 ᷱ㟤 㾨⮈⢰ ⵈ♈㜄㉐ $) ⪰ 㫴㠄䚨 㨰⏈ ⯜⒬㜄⬀ +60 Ḱ
ᵍ㡴 㸼㢀䑀 ⯜䉤ᴴ 㫴㠄╝⏼␘ 㾨⮈⢰ ⵈ♈㜄㉐ 㢨⤠䚐 ⯜䉤 䇴㢹㡸
㫴㠄䚨㨰㫴 㙾㡰⮨ $) ὤ⏙㡴 㣅┍╌㫴 㙾㏩⏼␘
‹
㢨 ⥀㪼⏈ $) 㜄 ㉘㥉═ ㇵ䈐㜄㉐ ⬘⎨㛰⦐ 䙴䏬 ⸨㥉㢨 ᴴ⏙䚝⏼␘ 㾨⮈⢰⪰
21( 6+27 㝘䋔 䔠䀘㏘ 㜄 ㉘㥉䚌㜠 䚝㥄 䟸 ㊈䉤 ⶸ䏰㡸 ⵌ ㊈䉤 ㇵ䈐㜄㉐
䔠䀘㏘ ⫵㡸 ─⥘ 䙴䏬⪰ ⬒㻙⏼␘
‹
䔠䀘㏘⫵㢨 ’ⱨ䚐␴㢌 㠸㾌㜄㉐⓸ 㠄ᶤ⫠㜄 㸼㥄㢨 ⬒㫴 㙾㡸 ㍌⓸ 㢼㡰⳴⦐
䑀㢬⒈⪰ 䞉㢬䚌⮨㉐ 㹠㜵䚌㜠 㨰㐡㐐㝘
䇶㩀 ㇠㟝䇷
㩀⫵㡸 ─⥘ 㤵㤼䚐 Ạ⓸⦐ 㸼㥄ᶤ⫠⪰ ⷴ䞈㐐䇩⏼␘
㸼㥄 㥐䚐 ㏘㠸㾌
㢨 ⥀㪼⏈ $) ⷈ㠸⪰ 㥐䚐䚔 ㍌ 㢼⏈ 㸼㥄 㥐䚜 ㏘㠸㾌ᴴ 㢼㏩⏼␘Ἤ⫰
㙸⣌㢌 ㉬ᴴ㫴 ⯜☐⪰ ㉔䈑䚔 ㍌ 㢼㏩⏼␘
ä )8//㺐␜㹠㜵ᶤ⫠a ’
ä Pa’
ä 㺐␜㹠㜵ᶤ⫠ aP
262SWLFDO6WDELOL]HU 䏭㬉
26 2SWLFDO 6WDELOL]HU ⥀㪼⏈ 㾨⮈⢰㢌 䢈☘⫰㜄 㢌䚨 ⇌䇴⇌⏈ 㢨⴬㫴 䢄⫰
䜸ㇵ㡸 䟜Ḱ㤵㡰⦐ ⸨㥉䚨 㩁⏼␘ 㢨 ⥀㪼㢌 26 ὤ⏙㡸 㢨㟝䚌⮨ ㇠㟝䚌㫴
㙾㡸 ⚀⸨␘ 㚱  ㏘䊑 ⾔⪬ ㊈䉤㏘䙰☐⪰ 䞉⸨䚔 ㍌ 㢼㛨 ㉔⮹䚐 㢨⴬㫴⪰
㛯㡰㐘 ㍌ 㢼㏩⏼␘
26ஂ2SWLFDO 6WDELOL]HUஃ㏘㠸㾌⪰ 0RGH  Ἤ⫰ 㜄 ⋇㏩⏼␘ ⵌ ㊈䉤⪰
⌸⪨Ḕ ⼤ 䑀㢬⒈㢌 㢨⴬㫴ᴴ 㙼㥉㤵㢬㫴 䞉㢬㡸 䚐 䟸 㹠㜵㡸 䚝⏼␘ ⵌ
㊈䉤⪰ ⌸⪬ 䟸 㙼㥉㤵㢬 㢨⴬㫴⪰ 㜤㻐䚌⏈ ⒤㜄⏈ 㚱  㸼ᴴ ㋀㟈╝⏼␘
0RGH  ⏈ ㍌㫵㡰⦐㢌 㾨⮈⢰ 䢈☘⫰㡸 ᵄ㫴䚨 䢈☘⫰㡸 ⸨㥉䚨 㩁⏼␘
㾨⮈⢰㜄 ␴䚨 ㍌䓽㡰⦐ 㟴㫵㢨⏈ 䙰㇠㷨㜄 䟜Ḱ㤵 㢹⏼␘
‹
26 㢌 䢈☘⫰ ⸨㥉 ὤ⏙㡴 ㋄㡰⦐ 㣕Ḕ 㹠㜵㡸 䚔 ⚀ 䟜Ḱ㤵 㢹⏼␘ ␘㢀㢌
㦤ᶨ㜄㉐ 26 ⏈ 㤵㤼䚌᷀ 㣅┍䚌㫴 㙾㡸 ㍌ 㢼㏩⏼␘ 
ŀ 㟴㫵㢨⏈ 㣄┍㵜㜄㉐ 㹠㜵 ŀ 㾨⮈⢰㢌 㟴㫵㢸㢨⇌ 䢈☘⫰㢨 ㇵ␭䢼 䆨 ⚀
‹
␘㢀㢌 ㇵ䞝㜄㉐⏈ 26 ⪰ ㇠㟝䚌㫴 ⫼㐡㐐㝘
ŀ ⥀㪼⪰ 䏬⢰㢨䔠☐㜄 㣙㵝䚨 ㇠㟝䚔 ⚀ ŀ ⷀ⽀ 㹠㜵 㐐 ⊬㻐㐐ᴸ㢨 Ὤ ⚀
‹
26 ὤ⏙㡴 㾨⮈⢰ 㤸㠄㡰⦐ 㣅┍╝⏼␘ 㾨⮈⢰㜄 26 ⥀㪼⪰ 㣙㵝䚨 26
ὤ⏙㢨 䞐㉥䞈 ╌㛨 㢼⏈ ᷱ㟤 ┍㢰䚐 㾨⮈⢰㜄 㤸䋩㤵㢬 ⥀㪼⪰ 㣙㵝䚼㡸
⚀⸨␘ 㹠㜵  ᴴ⏙ 㐐ᴸ㢨 㨸㛨☘ ᶷ㢹⏼␘ 26 ὤ⏙㡸 ㇠㟝䚌㫴 㙾㡸 ⚀㜄⏈
ⵤ䉤⫠㢌 ㋀⯜⪰ 㨸㢨ὤ 㠸䚨 26 ㏘㠸㾌⪰ 2)) ⦐ 䚨 㨰㐐ὤ ⵈ⣁⏼␘ 
‹
㾨⮈⢰㜄 ⥀㪼⪰ 㣙㵝䚌ὤ 㤸㜄 26 ㏘㠸㾌ᴴ 2)) 㠸㾌㜄 㢼⏈㫴 䞉㢬䚨
㨰㐐ὤ ⵈ⣁⏼␘ 
‹
⊬㻐᷸㜄 ⊬㻐 ᵆ㢨 䖐㐐╌⏈ 䚐 ㊈䉤 ⶸ䏰㡸 ⋇㡴 䟸㜄⓸ 26 ὤ⏙㡴 ᷸㋁
㣅┍䚝⏼␘ 26 ὤ⏙㢨 㣅┍䚌⏈ ┍㙼㜄⏈ 㤼␴⦐ ⥀㪼⪰ ⺸⫠䚌ᶤ⇌ 㾨⮈⢰㢌
ⵤ䉤⫠⪰ ⺸⫠䚌㫴 ⫼㐡㐐㝘 Ἤ⤻᷀ 䚔 ᷱ㟤 ⥀㪼㜄 ㋄ㇵ㡸 㨸 ㍌ 㢼㏩⏼␘
‹
㹠㜵 䟸 㾨⮈⢰ ⇨㣙 䙀⣌㐐㢌 㻝㤸㢨 㐐㣅╔ ⚀ ⼤ 䑀㢬⒈ 㢨⴬㫴ᴴ 䢈☘⥘㉐
⇌䇴⇌⒈⢰⓸ 㢨⴬㫴㜄⏈ 㙸ⱨ⤤ 㜵䛙⓸ 㨰㫴 㙾㡸 ᶷ㢹⏼␘
‹
26 ὤ⏙㢨 㣅┍䚌⏈ ┍㙼 㾨⮈⢰ 㤸㠄㢨 ῰㫴ᶤ⇌ ⥀㪼ᴴ ⺸⫠╔ ᷱ㟤
⥀㪼㜄㉐⏈ ㋀㢀㢨 ⵐ㈑䚔 ㍌ 㢼㡰⇌ 㝘㣅┍㡴 㙸␍⏼␘
‹
⏼䂌Ḱ 㿄⊰ ⫼㟨䏬㢌 ᷱ㟤 ⏼䂌 ) Ḱ 㿄⊰ (269 ⪰ 㥐㞬䚐 䙸⪸ 6/5
㾨⮈⢰㝴⏈ 26 ὤ⏙㢨 㣅┍╌㫴 㙾㏩⏼␘
㇠㟝㣄 㥉㢌 ⯜☐ ㏘㠸㾌
86% '2&.ⷸ⓸ 䑄⬘ Ἤ⫠Ḕ 㤸㟝 ㋀䘸䏬㠜㛨㢬 6,*0$ 2SWLPL]DWLRQ 3UR ⪰
㇠㟝䚌⮨㉐ $) ㋁⓸ 26 䟜Ḱ Ἤ⫠Ḕ ⥀㪼㢌 䔠䀘㏘ ⫠⴬䉤 ⷈ㠸⪰ ㇠㟝㣄㥉㢌⦐
䚔 ㍌ 㢼㡰⮤ ㉘㥉㡴 ㇠㟝㣄 㥉㢌 ㏘㠸㾌⦐ 㤴㣙 䚔 ㍌ 㢼㏩⏼␘ 6,*0$
2SWLPL]DWLRQ3UR ̌⓸㟴̍ ⮈⎨⦐ ⒈ ⬂㡴 㥉⸨⪰ 䞉㢬 䚔 ㍌ 㢼㏩⏼␘
‹
㥉ὤ㤵㢬 ㇠㟝㡸 㠸䚨 ㇠㟝㣄 㥉㢌 ⯜☐ ㏘㠸㾌⪰ ⅸ㐐ὤ ⵈ⣁⏼␘ ㇠㟝㣄
㥉㢌 ⯜☐ᴴ 䁐㫸 ㇵ䈐⇌ & 䝭㡴 & 㢌 ㉘㥉㢰 ⚀⏈ 䔠䀘㏘ ⫠⴬䉤 ㏘㠸㾌ᴴ
㣅┍㡸 䚌㫴 㙾㏩⏼␘ Ἤ⫰
‹
86% '2&. 㡴 ᴵᴵ㢌 ⫼㟨䏬㜄 ㇠㟝 ╔ ㍌ 㢼㏩⏼␘  ␭㐔㢌 ⥀㪼 ⫼㟨䏬㜄
ㇵ㢅䚌⏈ 86% '2&. 㡸 ㇠㟝䚌㐐ὤ ⵈ⣁⏼␘ ␘⪬ ⫼㟨䏬⪰ 86% '2&. 㜄
㇠㟝䚌㐘 ㍌ 㛺㏩⏼␘ 
‹
6,*0$ 2SWLPL]DWLRQ 3UR ⏈ ␘㢀㢌 㠭㇠㢨䏬⪰ 䋩䚨 ⱨ⨀⦐ ␘㟨 ⵏ㡸 ㍌
㢼㏩⏼␘  KWWSZZZVLJPDJOREDOFRPGRZQORDG
䏬⢰㢨䔠☐ ㋀䁇Ḱ ⥀㪼 Ḕ㥉⺴
㢨 ⥀㪼㜄⏈ 䏬⢰㢨䔠☐ ㋀䁇㢨 ☘㛨 㢼㏩⏼␘ ⥀㪼 Ḕ㥉⺴㢌 ⢱ 㣙㾌⪰ ⏄㏜䚌᷀
䚔 ⚀ ⥀㪼㝴 㾨⮈⢰⏈ ㍌䓽 ❄⏈ ㍌㫵㡰⦐ Ἤ⫰ 㣄㡔⦡᷀ ─⫨ ㍌ 㢼㏩⏼␘
䏬⢰㢨䔠☐ ⥀㪼 Ḕ㥉⺴⪰ ⺸⫠䚌⏈ ⵝⷉ
㋄㡰⦐ 㣕Ḕ 㹠㜵㡸 䚔 ᷱ㟤 㦴⒈ 䓬⫠䚌᷀ ㇠㟝䚔 ㍌ 㢼⓸⦑ ⥀㪼㢌 䏬⢰㢨䔠☐
㋀䁇㡸 ⺸⫠䚔 ㍌ 㢼㏩⏼␘ Ἤ⤻᷀ 䚌ὤ 㠸䚨 ⭰㤴 䏬⢰㢨䔠☐ ⥀㪼 Ḕ㥉⺴㢌
⢱ 㣙㾌⪰ ⏄㏜䚌᷀ 䚐 䟸 ⥀㪼 Ḕ㥉⺴㜄 䖐㐐═ 5(029( 㠸㾌 Ἤ⫰ 㜄 㥉⥠
㐐䇩⏼␘
Ἤ⫠Ḕ ⇐ 䟸 Ἤ⫰ Ḱ ᵍ㢨 䏬⢰㢨䔠☐ ⥀㪼 Ḕ㥉⺴⪰ ◘㯱㡰⦐ ❅ⵈ⦐
㣕㙸 ␭ή⏼␘
‹
⥀㪼㜄 䏬⢰㢨䔠☐ ⥀㪼 Ḕ㥉⺴⪰ ␘㐐 㣙㵝䚌Ḕ 㐪㡸 ⚀⏈ ⺸⫠䚔 ⚀㢌
㜡㍐㡰⦐ 䚌㐐ὤ ⵈ⣁⏼␘
‹
䏬⢰㢨䔠☐ ⥀㪼 Ḕ㥉⺴⪰ ⺸⫠䚔 ⚀ ❄⏈ 㣙㵝䚔 ⚀⪰ 㥐㞬䚌Ḕ⏈ ⥀㪼 Ḕ㥉⺴㢌
㠸㾌⪰ 5(029( 㜄 ⋇㫴 ⫼㐐ὤ ⵈ⣁⏼␘ ⥀㪼ᴴ 㢌⓸䚌㫴 㙾᷀ ⛜㛨㫼 ㍌
㢼㏩⏼␘ ❄䚐 ⢱ 㣙㾌⪰ Ḕ㥉㐐䇠 ⚀⏈ ⥀㪼ᴴ ─㙸ᴴ㫴 㙾⓸⦑ ␜␜䢼 㦤㜠
㨰㐐ὤ ⵈ⣁⏼␘
‹
㾨⮈⢰㜄 ⥀㪼⪰ 㣙㵝䚔 ⚀ 䏬⢰㢨䔠☐ ⥀㪼 Ḕ㥉⺴⏈ ⥀㪼㜄㉐ ⺸⫠䚔 ㍌
㛺㏩⏼␘
䊈⤼ 䀜ⶸ䉤㜄 ␴䚌㜠
㢨 ⥀㪼⏈ 6LJPD 㢌 [ (; ❄⏈ [ (; $SR 7HOH &RQYHUWHUV ⷸ⬘ 㝴
䝬䞌㢨 ╌⮤ PP ) ⬑㠄 㩀 ⥀㪼 ❄⏈ PP ) ⬑㠄 㩀
⥀㪼⦐ ㇠㟝䚔 ㍌ 㢼㏩⏼␘
‹
㠸㜄 㛬Ἵ═ 䊈⤼ 䀜ⶸ䉤 㢨㞬㢌 ᶷ㡴 ㇠㟝䚌㫴 ⫼㐡㐐㝘
‹
'6/5 㾨⮈⢰㝴 䚜‌ ㇠㟝䚔 ᷱ㟤 㤴䢠⏈ '* ⶸ㤸㢌 $SR 7HOH &RQYHUWHU ⪰
䚜‌ ㇠㟝䚌㐐Ὤ Ề㣙䚝⏼␘
‹
㾨⮈⢰㜄 µFRQWUDVWGHWHFW¶$) ⯜☐ᴴ 㢼㡰⮨ ⢰㢨⽀ ⼤⪰ 䋩䚨 㝘䋔 䔠䀘㏘⪰
㇠㟝䚌㐘 ㍌ 㢼㏩⏼␘
⥀㪼 䟸☐
㢨 ⥀㪼㜄⏈ ⷔ㟈≫ 䇴㢹 㥐ᶤ ᴴ⏙䚐 䟸☐ᴴ 䔠䚜╌㛨 㢼㏩⏼␘ 㢨 ⥀㪼 䟸☐⏈
㞬⺴⦐⺴䉤 ᵉ䚐 ⾏㡰⦐ 㢬䚨 Ḕ㏘䏬⇌ 䙀⤼㛨 䜸ㇵ㢨 㢰㛨⇌⏈ ᶷ㡸 ⫽㙸㩁⏼␘
䟸☐ᴴ ⒈ 㢨ㇵ ─㙸ᴴ㫴 㙾㡸 ⚀ᾀ㫴 㐐᷸ⵝ䛙㡰⦐ ─⥘ 㨰㐔 ◘ 䟸☐⪰
Ḕ㥉䚌ὤ 㠸䚨 ㋄㣕㢨⪰ 㣔Ἤ㐡㐐㝘 Ἤ⫰
‹
⥀㪼㝴 䟸☐⪰ ⸨Ḵ 䀴㢨㏘㜄 ≗ὤ 㠸䚨 䟸☐⪰ ⭰㤴 㥐ᶤ䚌㐐Ḕ ᶤ⃬⦐
◘㬅㛨㉐ ⥀㪼 㠸㜄 
㨰㐐ὤ ⵈ⣁⏼␘ 
㌸⒈ ㏘䏬⣝
 ⶼ Ἤ⫰Ḱ ᵍ㢨 㛨ᾜ ⅼ㡸 ㏠⫵㜄 㜤ᷤ䚨 㨰㐐ὤ ⵈ⣁⏼␘
䙸䉤 ㇠㟝
‹
䙸䉤⏈ 㠄㾍㤵㡰⦐  ᵐ⬀ ㇠㟝䚌㜠 㨰㐡㐐㝘䞈⮨㨰ⷴ ṅ⣽㤴䚌 ⵝ㫴⪰ 㠸䚌㜠
‹
$) 㾨⮈⢰ ⵃ 㽕ṅ㡸 㠸䚌㜠 䚌䘸⴬⤠⪰ ㇠㟝䚌⏈ 㾨⮈⢰㜄㉐ 䓬ṅ䙸䉤⪰
㇠㟝䚔 ᷱ㟤 㠄䓬ṅ䙸䉤&3/⪰ ㇠㟝䚌㜠 㨰㐡㐐㝘
Ḵ⫠ 㼜Ἵㇵ㢌 㨰㢌
‹
㏩ὤ⏈ Ḥ䑕㢨 ⵃ ㇤䞈㢌 㠄㢬㢨 ╝⏼␘ 㣙ὤᴸ ㇠㟝䚌㫴 㙾㡸 ᷱ㟤 ᶨ㦤㥐㝴
䚜‌ ⴴ⸽ᴴ⏙䚐 㟝ὤ㜄 ≗㛨 ⸨Ḵ䚌㜠 㨰㐡㐐㝘 ⇌䘸䇼⥀ ☥ ⵝ㻝㥐ᴴ 㢼⏈
ḧ㜄㉐ 䚜‌ ⸨Ḵ䚌㫴 ⬄㙸 㨰㐡㐐㝘
‹
⥀㪼 ⮨㡸 㫵㥅 ㋄㡰⦐ ⬀㫴㫴 ⬄㙸 㨰㐡㐐㝘 ⭰㫴 ⵃ 㝘㜰㐐㜄⏈ 㜄㛨⽈⦐㛨 ⵃ
⥀㪼⽈⤠㐐⦐ 㷡㋀䚌㜠 㨰㐡㐐㝘 㫴ⱬ ☥㡴 㐐䑄䚌Ḕ 㢼⏈ ⥀㪼䆨⫠∼ 㚕Ḱ ⥀㪼䆨⫠␑
䓌㢨䒰⦐ ᴴ⸁᷀ ␚㙸 㨰㐡㐐㝘 ␘⪬ 㡔ὤ㟝㥐⦐⏈ 㤼␴ ⥀㪼㷡㋀⪰ Ἴ䚝⏼␘
‹
㢨 ⥀㪼⏈ ⵝ㍌Ạ㦤ᴴ 㙸⏼⳴⦐ 㟤㷐 ⵃ Ɒᴴ 㨰㠸㜄㉐ ㇠㟝 㐐 Ɒὤ㜄 㥊㫴
㙾⓸⦑ 㨰㢌 ⵈ⣁⏼␘
‹
Ἵᷝ䚐 㝜⓸ ⷴ䞈㜄 㢌䚨 ⥀㪼 ⇨⺴㜄 Ɒⵝ㟬㢨 ⵐ㈑䚌⳴⦐ 㵜ᴴ㟨 㞬⺴㜄㉐
♤⡯䚐 㐘⇨⦐ 㢨┍ 㐐㜄⏈ 䀴㢨㏘ ⵃ ⽸␄⸽䍠㜄 ≗㛨 㨰㠸㝜⓸㜄 ⬒㻈㛨
㇠㟝䚌㐐ὤ ⵈ⣁⏼␘
㇠㟝 ㉘⮹㉐
Ȼɥɚɝɨɞɚɪɢɦ ɜɚɫ ɡɚ ɜɵɛɨɪ ɩɪɨɞɭɤɰɢɢ ɮɢɪɦɵ 6LJPDɑɬɨɛɵ ɩɨɥɭɱɢɬɶ ɦɚɤɫɢɦɭɦ
ɨɬ ɜɚɲɟɝɨ ɨɛɴɟɤɬɢɜɚ 6LJPD ɩɨɠɚɥɭɣɫɬɚ ɩɪɨɱɢɬɚɣɬɟ ɢɧɫɬɪɭɤɰɢɸ ɩɟɪɟɞ
ɧɚɱɚɥɨɦ ɪɚɛɨɬɵ
ɈɉɂɋȺɇɂȿ ɑȺɋɌȿɃ ɈȻɔȿɄɌɂȼȺɊɂɋ
Ĭ
Ɋɟɡɶɛɚ ɩɨɞ ɮɢɥɶɬɪ
ĭ
Ʉɨɥɶɰɨ ɡɭɦɦɢɪɨɜɚɧɢɹ
Į
Ɏɨɤɭɫɢɪɨɜɨɱɧɨɟ ɤɨɥɶɰɨ
į
ɒɤɚɥɚ ɪɚɫɫɬɨɹɧɢɣ
İ
Ʌɢɧɢɹ ɞɢɫɬɚɧɰɢɢ ɮɨɤɭɫɢɪɨɜɤɢ ɢ
ɮɨɤɭɫɧɨɝɨ ɪɚɫɫɬɨɹɧɢɹ
ı
Ȼɚɣɨɧɟɬ
IJ
ɉɟɪɟɤɥɸɱɚɬɟɥɶ ɪɟɠɢɦɨɜ ɮɨɤɭɫɢɪɨɜɤɢ
ij
Ɉɝɪɚɧɢɱɢɬɟɥɶ ɞɢɫɬɚɧɰɢɢ ɮɨɤɭɫɢɪɨɜɤɢ
Ĵ
ɉɟɪɟɤɥɸɱɚɬɟɥɶ ɪɟɠɢɦɚ ɫɬɚɛɢɥɢɡɚɰɢɢ26
ĵ
ɉɟɪɟɤɥɸɱɚɬɟɥɶ ɩɨɥɶɡɨɜɚɬɟɥɶɫɤɢɯ
ɪɟɠɢɦɨɜ
Ķ
ɉɥɨɳɚɞɤɚ ɩɨɞ ɲɬɚɬɢɜ
ķ
Ȼɥɟɧɞɚ
ȾɅə ɄȺɆȿɊ ɌɂɉȺ1,.21$)
Ⱦɚɧɧɵɣ ɨɛɴɟɤɬɢɜ ɛɭɞɟɬ ɪɚɛɨɬɚɬɶ ɤɚɤ ɨɛɴɟɤɬɢɜɵ ɮɢɪɦɵ 1LNRQ ɫɟɪɢɢ * ɛɟɡ
ɤɨɥɶɰɚ ɭɩɪɚɜɥɟɧɢɹ ɞɢɚɮɪɚɝɦɨɣ ȼ ɡɚɜɢɫɢɦɨɫɬɢ ɨɬ ɢɫɩɨɥɶɡɭɟɦɨɣ ɦɨɞɟɥɢ
ɤɚɦɟɪɵ ɦɨɝɭɬ ɜɨɡɧɢɤɧɭɬɶ ɧɟɤɨɬɨɪɵɟ ɨɝɪɚɧɢɱɟɧɢɹ ɜ ɪɚɛɨɬɟ ɫ ɨɛɴɟɤɬɢɜɨɦ
ɄɊȿɉɅȿɇɂȿ Ʉ ɄȺɆȿɊȿ
Ʉɨɝɞɚ ɨɛɴɟɤɬɢɜ 6LJPD ɭɫɬɚɧɨɜɥɟɧ ɧɚ ɤɚɦɟɪɟ ɨɧ ɚɜɬɨɦɚɬɢɱɟɫɤɢ ɧɚɱɢɧɚɟɬ
ɪɚɛɨɬɚɬɶ ɤɚɤ ɨɛɵɱɧɵɣ ɪɨɞɧɨɣɲɬɚɬɧɵɣ ɨɛɴɟɤɬɢɜ
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ɇɚ ɩɨɜɟɪɯɧɨɫɬɢ ɛɚɣɨɧɟɬɚ ɧɚɯɨɞɹɬɫɹ ɦɟɯɚɧɢɡɦɵ ɢ ɷɥɟɤɬɪɢɱɟɫɤɢɟ ɤɨɧɬɚɤɬɵ
ɉɪɨɫɢɦ ɜɚɫ ɫɨɞɟɪɠɚɬɶ ɢɯ ɜ ɱɢɫɬɨɬɟ ɱɬɨɛɵ ɛɵɬɶ ɭɜɟɪɟɧɧɵɦɢ ɜ ɩɪɚɜɢɥɶɧɨɣ
ɪɚɛɨɬɟ ɨɛɴɟɤɬɢɜɚ ȼɨ ɢɡɛɟɠɚɧɢɟ ɩɨɜɪɟɠɞɟɧɢɣ ɦɟɯɚɧɢɡɦɨɜ ɢ ɤɨɧɬɚɤɬɨɜ
ɩɪɨɜɟɪɹɣɬɟ ɱɬɨ ɜɵ ɫɬɚɜɢɬɟ ɨɛɴɟɤɬɢɜ ɟɝɨ ɩɟɪɟɞɧɢɦ ɤɨɧɰɨɦ ɜɧɢɡ ɜɨ ɜɪɟɦɹ
ɫɦɟɧɵ ɨɛɴɟɤɬɢɜɚ
ɍɋɌȺɇɈȼɄȺ ɊȿɀɂɆȺ ɈɌɊȺȻɈɌɄɂ ɗɄɋɉɈɁɂɐɂɂ
Ʉɨɝɞɚ ɨɛɴɟɤɬɢɜ 6LJPD ɭɫɬɚɧɨɜɥɟɧ ɧɚ ɤɚɦɟɪɟ ɨɧ ɚɜɬɨɦɚɬɢɱɟɫɤɢ ɧɚɱɢɧɚɟɬ
ɪɚɛɨɬɚɬɶ ɤɚɤ ɨɛɵɱɧɵɣ ɪɨɞɧɨɣɲɬɚɬɧɵɣ ɨɛɴɟɤɬɢɜɋɦ ɢɧɫɬɪɭɤɰɢɸ ɤ ɤɚɦɟɪɟ
ɎɈɄɍɋɂɊɈȼɄȺ ɂ ɂɁɆȿɇȿɇɂȿ ɎɈɄɍɋɇɈȽɈ ɊȺɋɋɌɈəɇɂəɁɍɆɂɊɈȼȺɇɂȿ
ȼ ɷɬɨɬ ɨɛɴɟɤɬɢɜ ɜɫɬɪɨɟɧ Ƚɢɩɟɪ Ɂɜɭɤɨɜɨɣ Ɇɨɬɨɪ+\SHU6RQLF0RWRU+60ɗɬɨɬ
ɦɨɬɨɪ ɞɚɺɬ ɜɨɡɦɨɠɧɨɫɬɶ ɛɵɫɬɪɨɣ ɢ ɛɟɫɲɭɦɧɨɣ ɚɜɬɨɮɨɤɭɫɢɪɨɜɤɢ
6,*0$$)ɢ&$121$)
ɑɬɨɛɵ ɪɚɛɨɬɚɬɶ ɜ ɪɟɠɢɦɟ ɚɜɬɨɮɨɤɭɫɢɪɨɜɤɢ ɭɫɬɚɧɨɜɢɬɟ ɩɟɪɟɤɥɸɱɚɬɟɥɶ
ɪɟɠɢɦɨɜ ɮɨɤɭɫɢɪɨɜɤɢ ɜ ɩɨɥɨɠɟɧɢɟ $)ɪɢɫ Ⱦɥɹ ɮɨɤɭɫɢɪɨɜɤɢ ɜ ɪɭɱɧɨɦ
ɪɟɠɢɦɟ ± ɩɟɪɟɞɜɢɧɶɬɟ ɩɟɪɟɤɥɸɱɚɬɟɥɶ ɪɟɠɢɦɨɜ ɮɨɤɭɫɢɪɨɜɤɢ ɜ ɩɨɥɨɠɟɧɢɟ Ɇ
Ɍɟɩɟɪɶ ɜɵ ɦɨɠɟɬɟ ɮɨɤɭɫɢɪɨɜɚɬɶɫɹ ɜɪɚɳɚɹ ɮɨɤɭɫɢɪɨɜɨɱɧɨɟ ɤɨɥɶɰɨ
1,.21$)
ɑɬɨɛɵ ɪɚɛɨɬɚɬɶ ɜ ɪɟɠɢɦɟ ɚɜɬɨɮɨɤɭɫɢɪɨɜɤɢ ɭɫɬɚɧɨɜɢɬɟ ɩɟɪɟɤɥɸɱɚɬɟɥɶ
ɪɟɠɢɦɨɜ ɮɨɤɭɫɢɪɨɜɤɢ ɜ ɩɨɥɨɠɟɧɢɟ $) ɪɢɫ Ⱦɥɹ ɮɨɤɭɫɢɪɨɜɤɢ ɜ ɪɭɱɧɨɦ
ɪɟɠɢɦɟ ± ɩɟɪɟɞɜɢɧɶɬɟ ɩɟɪɟɤɥɸɱɚɬɟɥɶ ɪɟɠɢɦɨɜ ɮɨɤɭɫɢɪɨɜɤɢ ɜ ɩɨɥɨɠɟɧɢɟ Ɇ
Ɍɟɩɟɪɶ ɜɵ ɦɨɠɟɬɟ ɮɨɤɭɫɢɪɨɜɚɬɶɫɹ ɜɪɚɳɚɹ ɮɨɤɭɫɢɪɨɜɨɱɧɨɟ ɤɨɥɶɰɨ
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Ɂɚ ɛɨɥɟɟ ɩɨɥɧɨɣ ɢɧɮɨɪɦɚɰɢɟɣ ɨɛɪɚɬɢɬɟɫɶ ɤ ɢɧɫɬɪɭɤɰɢɢ ɤ ɜɚɲɟɣ ɤɚɦɟɪɟ
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Ɉɛɴɟɤɬɢɜɵ
ɫ
ɛɚɣɨɧɟɬɨɦ
1LNRQ
ɦɨɝɭɬ
ɢɫɩɨɥɶɡɨɜɚɬɶɫɹ
ɜ
ɪɟɠɢɦɟ
ɚɜɬɨɮɨɤɭɫɢɪɨɜɤɢ ɬɨɥɶɤɨ ɫ ɤɚɦɟɪɚɦɢ ɩɨɞɞɟɪɠɢɜɚɸɳɢɦɢ ɭɥɶɬɪɚɡɜɭɤɨɜɵɟ
ɦɨɬɨɪɵ ɩɪɢɜɨɞɚ ɮɨɤɭɫɢɪɨɜɤɢ ɷɥɟɤɬɪɨɧɧɵɣ ɩɪɢɜɨɞ ɮɨɤɭɫɢɪɨɜɤɢ ɞɥɹ +60
ȿɫɥɢ
ɤɚɦɟɪɚ
ɧɟ
ɩɨɞɞɟɪɠɢɜɚɟɬ
ɷɥɟɤɬɪɨɧɧɵɣ
ɩɪɢɜɨɞ
ɮɨɤɭɫɢɪɨɜɤɢ
ɚɜɬɨɦɚɬɢɱɟɫɤɚɹ ɧɚɜɨɞɤɚ ɧɚ ɪɟɡɤɨɫɬɶ ɛɭɞɟɬ ɧɟɞɨɫɬɭɩɧɚ
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ɗɬɨɬ ɨɛɴɟɤɬɢɜ ɬɚɤɠɟ ɩɨɡɜɨɥɹɟɬ ɮɨɤɭɫɢɪɨɜɚɬɶɫɹ ɜɪɭɱɧɭɸ ɜ ɪɟɠɢɦɟ©$)ªȾɥɹ
ɷɬɨɝɨ ɤɚɦɟɪɚ ɞɨɥɠɧɚ ɧɚɯɨɞɢɬɫɹ ɜ ɪɟɠɢɦɟ ɨɞɧɨɤɚɞɪɨɜɨɣ ɫɴɺɦɤɢ ɑɬɨɛɵ
ɫɮɨɤɭɫɢɪɨɜɚɬɶɫɹ ɜɪɭɱɧɭɸ
ɧɚɞɨ ɞɨɠɞɚɬɶɫɹ ɩɨɤɚ ɡɚɤɨɧɱɢɬɶɫɹ ɩɪɨɰɟɫɫ
ɚɜɬɨɮɨɤɭɫɢɪɨɜɤɢ ɜ ɦɨɦɟɧɬ ɩɨɥɭ ɩɪɢɠɚɬɢɹ ɤɧɨɩɤɢ ɫɩɭɫɤɚ ɡɚɬɜɨɪɚ
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ȼɨ ɢɡɛɟɠɚɧɢɟ ɩɨɥɨɦɨɤ ɦɟɯɚɧɢɡɦɚ ɚɜɬɨɦɚɬɢɱɟɫɤɨɣ ɮɨɤɭɫɢɪɨɜɤɢ ɧɟ ɜɪɚɳɚɣɬɟ
ɤɨɥɶɰɨ ɮɨɤɭɫɢɪɨɜɤɢ ɩɪɢ ɪɚɛɨɬɟ ɜ ɪɟɠɢɦɟ ɚɜɬɨɦɚɬɢɱɟɫɤɨɣ ɮɨɤɭɫɢɪɨɜɤɢ
ɂɡɦɟɧɟɧɢɟ ɮɨɤɭɫɧɨɝɨ ɪɚɫɫɬɨɹɧɢɹɡɭɦɢɪɨɜɚɧɢɟ
ȼɪɚɳɚɣɬɟ ɤɨɥɶɰɨ ɢɡɦɟɧɟɧɢɹ ɮɨɤɭɫɧɨɝɨ ɪɚɫɫɬɨɹɧɢɹ ɞɨ ɬɟɯ ɩɨɪ ɩɨɤɚ ɧɟ
ɞɨɫɬɢɝɧɢɬɟ ɧɭɠɧɵɯ ɝɪɚɧɢɰ ɤɚɞɪɚ
ɈȽɊȺɇɂɑɂɌȿɅɖ ȾɂɋɌȺɇɐɂɂ ɎɈɄɍɋɂɊɈȼɄɂ
Ɉɛɴɟɤɬɢɜ ɫɧɚɛɠɺɧ ɨɝɪɚɧɢɱɢɬɟɥɟɦ ɞɢɫɬɚɧɰɢɢ ɮɨɤɭɫɢɪɨɜɤɢ ɤɨɬɨɪɵɣ ɩɨɡɜɨɥɹɟɬ
ɥɢɦɢɬɢɪɨɜɚɬɶ ɞɢɚɩɚɡɨɧ ɮɨɤɭɫɢɪɨɜɤɢ ɜ ɚɜɬɨɮɨɤɭɫɧɨɦ ɪɟɠɢɦɟɪɢɫ
ȼɨɡɦɨɠɟɧ ɜɵɛɨɪ ɬɪɺɯ ɪɟɠɢɦɨɜ
ä ɉɨɥɧɵɣ )8//Ɇɢɧɢɦɚɥɶɧɚɹ ɞɢɫɬɚɧɰɢɹ ɮɨɤɭɫɢɪɨɜɤɢa Đ
ä ɦa Đ
ä Ɇɢɧɢɦɚɥɶɧɚɹ ɞɢɫɬɚɧɰɢɹ ɮɨɤɭɫɢɪɨɜɤɢaɦ
ȼɈɁɆɈɀɇɈɋɌɂ ɈɉɌɂɑȿɋɄɈȽɈ ɋɌȺȻɂɅɂɁȺɌɈɊȺ26
Ɉɛɴɟɤɬɢɜ ɫɧɚɛɠɺɧ Ɉɩɬɢɱɟɫɤɢɦ ɋɬɚɛɢɥɢɡɚɬɨɪɨɦ26ɞɥɹ ɷɮɮɟɤɬɢɜɧɨɝɨ ɭɫɬɪɚɧɟɧɢɹ
ɫɦɚɡɵɜɚɧɢɹ ɢɡɨɛɪɚɠɟɧɢɹ ɜɨɡɧɢɤɚɸɳɟɝɨ ɜɫɥɟɞɫɬɜɢɟ ɫɨɬɪɹɫɟɧɢɣ ɤɚɦɟɪɵ
Ȼɥɚɝɨɞɚɪɹ ɨɩɬɢɱɟɫɤɨɦɭ ɫɬɚɛɢɥɢɡɚɬɨɪɭ ɜɵ ɫɦɨɠɟɬɟ ɞɨɛɢɜɚɬɶɫɹ ɪɟɡɤɨɝɨ
ɢɡɨɛɪɚɠɟɧɢɹ ɩɪɢ ɫɴɺɦɤɟ ɫ ɜɵɞɟɪɠɤɚɦɢ ɧɚɫɬɭɩɟɧɢ ɦɟɞɥɟɧɧɟɟ ɱɟɦ ɟɫɥɢ ɛɵ
ɜɵ ɢɫɩɨɥɶɡɨɜɚɥɢ ɨɛɴɟɤɬɢɜ ɛɟɡ ɮɭɧɤɰɢɢ ɫɬɚɛɢɥɢɡɚɰɢɢ
ɍɫɬɚɧɨɜɢɬɟ ɩɟɪɟɤɥɸɱɚɬɟɥɶ ɪɟɠɢɦɚ ɫɬɚɛɢɥɢɡɚɰɢɢ 26 ɜ ɩɨɥɨɠɟɧɢɟ 0RGH 
ɪɢɫ ɇɚɠɦɢɬɟ ɤɧɨɩɤɭ ɫɩɭɫɤɚ ɡɚɬɜɨɪɚ ɧɚɩɨɥɨɜɢɧɭ ɢ ɭɛɟɞɢɬɟɫɶ ɜ ɬɨɦ ɱɬɨ
ɢɡɨɛɪɚɠɟɧɢɟ ɫɬɚɛɢɥɢɡɢɪɨɜɚɥɨɫɶ ɡɚɬɟɦ ɧɚɠɦɢɬɟ ɤɧɨɩɤɭ ɫɩɭɫɤɚ ɡɚɬɜɨɪɚ
Ɉɤɨɧɱɚɬɟɥɶɧɚɹ ɫɬɚɛɢɥɢɡɚɰɢɹ ɢɡɨɛɪɚɠɟɧɢɹ ɡɚɧɢɦɚɟɬ ɩɪɢɛɥɢɡɢɬɟɥɶɧɨɫɟɤɭɧɞɭ
ɩɨɫɥɟ ɧɚɠɚɬɢɹ ɤɧɨɩɤɢ ɫɩɭɫɤɚ ɡɚɬɜɨɪɚ ɧɚɩɨɥɨɜɢɧɭ ȼ ɪɟɠɢɦɟ ɫɬɚɛɢɥɢɡɚɰɢɢ
0RGH  ɨɩɪɟɞɟɥɹɸɬɫɹ ɢ ɤɨɦɩɟɧɫɢɪɭɸɬɫɹ ɜɟɪɬɢɤɚɥɶɧɵɟ ɫɨɬɪɹɫɟɧɢɹ ɤɚɦɟɪɵ
ɗɬɨɬ ɪɟɠɢɦ ɷɮɮɟɤɬɢɜɟɧ ɞɥɹ ɫɴɺɦɤɢ ɨɛɴɟɤɬɨɜ ɞɜɢɝɚɸɳɢɯɫɹ ɝɨɪɢɡɨɧɬɚɥɶɧɨɣ
ɩɥɨɫɤɨɫɬɢ ɨɬɧɨɫɢɬɟɥɶɧɨ ɤɚɦɟɪɵ
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Ʉɨɦɩɟɧɫɚɰɢɹ ɫɞɜɢɝɨɜ ɤɚɦɟɪɵ ɨɩɬɢɱɟɫɤɢɦ ɫɬɚɛɢɥɢɡɚɬɨɪɨɦ ɷɮɮɟɤɬɢɜɧɚ ɩɪɢ
ɫɴɺɦɤɟ ɫ ɪɭɤ ȼ ɫɢɬɭɚɰɢɹɯ ɨɩɢɫɚɧɧɵɯ ɧɢɠɟ ɪɚɛɨɬɚ ɨɩɬɢɱɟɫɤɨɝɨ ɫɬɚɛɢɥɢɡɚɬɨɪɚ
ɦɨɠɟɬ ɛɵɬɶ ɧɟɭɞɨɜɥɟɬɜɨɪɢɬɟɥɶɧɨɣ
ƒ ɋɴɺɦɤɚ ɫ ɬɪɚɧɫɩɨɪɬɧɨɝɨ ɫɪɟɞɫɬɜɚɧɚɩɪɢɦɟɪ ɚɜɬɨɦɨɛɢɥɹ
ƒ ȼ ɫɥɭɱɚɟ ɡɧɚɱɢɬɟɥɶɧɵɯ ɫɨɬɪɹɫɟɧɢɣ ɢɥɢ ɫɞɜɢɝɨɜ ɤɚɦɟɪɵ
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ɇɟ ɢɫɩɨɥɶɡɭɣɬɟ ɨɩɬɢɱɟɫɤɭɸ ɫɬɚɛɢɥɢɡɚɰɢɸ ɜ ɫɥɟɞɭɸɳɢɯ ɫɥɭɱɚɹɯ
ƒ ȿɫɥɢ ɨɛɴɟɤɬɢɜ ɡɚɤɪɟɩɥɺɧ ɧɚ ɲɬɚɬɢɜɟ   ƒ ɉɪɢ ɞɥɢɧɧɵɯ ɜɵɞɟɪɤɚɯ
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Ɉɩɬɢɱɟɫɤɢɣ ɫɬɚɛɢɥɢɡɚɬɨɪ ɩɢɬɚɟɬɫɹ ɨɬ ɤɚɦɟɪɵ ɉɪɢ ɢɫɩɨɥɶɡɨɜɚɧɢɢ ɤɚɦɟɪɵ ɧɚ
ɤɨɬɨɪɭɸ ɭɫɬɚɧɨɜɥɟɧ ɨɛɴɟɤɬɢɜ ɫ ɜɤɥɸɱɺɧɧɵɦ ɨɩɬɢɱɟɫɤɢɦ ɫɬɚɛɢɥɢɡɚɬɨɪɨɦ
ɜɪɟɦɹ ɪɚɛɨɬɵ ɭɦɟɧɶɲɚɟɬɫɹ ɟɫɥɢ ɫɪɚɜɧɢɜɚɬɶ ɪɚɛɨɬɭ ɬɨɣ ɠɟ ɤɚɦɟɪɵ ɫ
ɨɛɵɱɧɵɦ ɨɛɴɟɤɬɢɜɨɦ ȿɫɥɢ ɧɟɬ ɧɟɨɛɯɨɞɢɦɨɫɬɢ ɢɫɩɨɥɶɡɨɜɚɬɶ ɨɩɬɢɱɟɫɤɢɣ
ɫɬɚɛɢɥɢɡɚɬɨɪ ɩɟɪɟɦɟɫɬɢɬɟ ɩɟɪɟɤɥɸɱɚɬɟɥɶ ɪɟɠɢɦɚ ɫɬɚɛɢɥɢɡɚɰɢɢ ɜ ɩɨɥɨɠɟɧɢɟ
2))ȼɵɤɥɸɱɟɧɱɬɨ ɩɨɡɜɨɥɢɬ ɢɡɛɟɠɚɬɶ ɢɡɥɢɲɧɟɝɨ ɪɚɫɯɨɞɚ ɷɧɟɪɝɢɢ ɛɚɬɚɪɟɣ
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ɉɪɢ ɭɫɬɚɧɨɜɤɟ ɢɥɢ ɫɧɹɬɢɢ ɨɛɴɟɤɬɢɜɚ ɫ ɤɚɦɟɪɵ ɭɛɟɞɢɬɟɫɶ ɱɬɨ ɩɟɪɟɤɥɸɱɚɬɟɥɶ
ɪɟɠɢɦɚ ɫɬɚɛɢɥɢɡɚɰɢɢ ɧɚɯɨɞɢɬɫɹ ɜ ɩɨɥɨɠɟɧɢɟ2)) 
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ȿɫɥɢ ɜɵ ɩɪɟɤɪɚɬɢɥɢ ɭɞɟɪɠɢɜɚɬɶ ɤɧɨɩɤɭ ɫɩɭɫɤɚ ɡɚɬɜɨɪɚ ɜ ɩɨɥɭɧɚɠɚɬɨɦ
ɩɨɥɨɠɟɧɢɢ ɨɩɬɢɱɟɫɤɢɣ ɫɬɚɛɢɥɢɡɚɬɨɪ ɩɪɨɞɨɥɠɚɟɬ ɫɜɨɸ ɪɚɛɨɬɭ ɞɨ ɬɟɯ ɩɨɪ
ɩɨɤɚ ɞɢɫɩɥɟɣ ɮɨɬɨɤɚɦɟɪɵ ɨɬɨɛɪɚɠɚɟɬ ɡɧɚɱɟɧɢ ɷɤɫɩɨɡɢɰɢɢ ȼɨ ɢɡɛɟɠɚɧɢɢ
ɩɨɜɪɟɠɞɟɧɢɹ ɨɛɴɟɤɬɢɜɚ ɧɟ ɢɡɜɥɟɤɚɣɬɟ ɛɚɬɚɪɟɣ ɢɡ ɤɚɦɟɪɵ ɢ ɧɟ ɫɧɢɦɚɣɬɟ ɫ
ɧɟɺ ɨɛɴɟɤɬɢɜ ɟɫɥɢ ɨɩɬɢɱɟɫɤɢɣ ɫɬɚɛɢɥɢɡɚɬɨɪ ɧɚɯɨɞɢɬɫɹ ɜ ɪɚɛɨɱɟɦ ɪɟɠɢɦɟ
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ɇɟ ɫɦɨɬɪɹ ɧɚ ɬɨ ɱɬɨ ɜ ɩɪɨɰɟɫɫɟ ɮɨɬɨɝɪɚɮɢɪɨɜɚɧɢɹ ɫ ɜɤɥɸɱɺɧɧɵɦ
ɨɩɬɢɱɟɫɤɢɦ ɫɬɚɛɢɥɢɡɚɬɨɪɨɦ ɢɡɨɛɪɚɠɟɧɢɟ ɦɨɠɟɬ ɛɵɬɶ ɧɟ ɫɬɚɛɢɥɢɡɢɪɨɜɚɧɧɵɦ
ɫɪɚɡɭ ɩɨɫɥɟ ɫɴɺɦɤɢ ɤɚɞɪɚ ɢɥɢ ɜɨ ɜɪɟɦɹ ɡɚɪɹɞɤɢ ɜɫɬɪɨɟɧɧɨɣ ɜ ɤɚɦɟɪɭ
ɜɫɩɵɲɤɢ ɷɬɨ ɧɟ ɫɤɚɡɵɜɚɟɬɫɹ ɧɚ ɩɨɥɭɱɟɦɵɯ ɮɨɬɨɝɪɚɮɢɹɯ
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ȿɫɥɢ ɩɢɬɚɧɢɟ ɤɚɦɟɪɵ ɛɵɥɨ ɜɵɤɥɸɱɟɧɨ ɢɥɢ ɨɛɟɤɬɢɜ ɛɵɥ ɫɧɹɬ ɫ ɤɚɦɟɪɵ ɜɨ
ɜɪɟɦɹ
ɪɚɛɨɬɵ
ɨɩɬɢɱɟɫɤɨɝɨ
ɫɬɚɛɢɥɢɡɚɬɨɪɚ
ɨɛɴɟɤɬɢɜ
ɦɨɠɟɬ
ɢɡɞɚɜɚɬɶ
ɞɪɟɛɟɡɠɚɳɢɣ ɡɜɭɤ ɗɬɨɬ ɡɜɭɤ ɧɟ ɹɜɥɹɟɬɫɹ ɫɢɝɧɚɥɨɦ ɧɟɢɫɩɪɚɜɧɨɫɬɢ
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ɉɪɢ ɢɫɩɨɥɶɡɨɜɚɧɢɢ ɨɛɴɟɤɬɢɜɨɜ ɜ ɛɚɣɨɧɟɬɧɵɯ ɦɨɞɢɮɢɤɚɰɢɹɯ1LNRQɢ&DQRQɫ
ɩɥɟɧɨɱɧɵɦɢ ɤɚɦɟɪɚɦɢ ɷɬɢɯ ɫɢɫɬɟɦ ɮɭɧɤɰɢɹ ɨɩɬɢɱɟɫɤɨɣ ɫɬɚɛɢɥɢɡɚɰɢɢ 26
ɛɭɞɟɬ ɧɟɞɨɫɬɭɩɧɚɡɚ ɢɫɤɥɸɱɟɧɢɟɦ ɦɨɞɟɥɟɣ)ɢ&DQRQ(269
ɉȿɊȿɄɅɘɑȺɌȿɅɖ ɉɈɅɖɁɈȼȺɌȿɅɖɋɄɂɏ ɊȿɀɂɆɈȼ
ɂɫɩɨɥɶɡɭɹ86%ɞɨɤ ɫɬɚɧɰɢɸɩɪɨɞɚɟɬɫɹ ɨɬɞɟɥɶɧɨ ɢ ɩɪɨɝɪɚɦɦɧɨɟ ɨɛɟɫɩɟɱɟɧɢɟ
6,*0$ 2SWLPL]DWLRQ 3UR ɜɵ ɦɨɠɟɬɟ ɫɚɦɨɫɬɨɹɬɟɥɶɧɨ ɨɫɭɳɟɫɬɜɥɹɬɶ ɧɚɫɬɪɨɣɤɢ
ɫɤɨɪɨɫɬɢ ɚɜɬɨɮɨɤɭɫɚ ɨɝɪɚɧɢɱɢɬɟɥɹ ɡɨɧɵ ɮɨɤɭɫɢɪɨɜɤɢIRFXVOLPLWHUɢ ɨɩɬɢɱɟɫɤɨɝɨ
ɫɬɚɛɢɥɢɡɚɬɨɪɚ
ɢɡɨɛɪɚɠɟɧɢɹ
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ɇɚɫɬɪɨɣɤɢ
ɨɛɴɟɤɬɢɜɚ
ɫɨɯɪɚɧɹɸɬɫɹ
ɩɟɪɟɤɥɸɱɚɬɟɥɟɦ ɩɨɥɶɡɨɜɚɬɟɥɶɫɤɢɯ ɪɟɠɢɦɨɜ&XVWRP0RGH6ZLWFKȾɥɹ ɩɨɥɭɱɟɧɢɹ
ɢɧɮɨɪɦɚɰɢɢ ɨ ɩɨɞɤɥɸɱɟɧɢɢ ɫɬɚɧɰɢɢ ɤ ɤɨɦɩɶɸɬɟɪɭ ɢ ɜɵɩɨɥɧɟɧɢɢ ɧɚɫɬɪɨɟɤ
ɨɛɴɟɤɬɢɜɚ ɨɛɪɚɳɚɣɬɟɫɶ ɜ ɪɚɡɞɟɥ©ɋɩɪɚɜɤɚª ɩɪɨɝɪɚɦɦɵ6,*0$2SWLPL]DWLRQ3UR
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ɉɪɢ
ɩɨɜɫɟɞɧɟɜɧɨɦ
ɢɫɩɨɥɶɡɨɜɚɧɢɢ
ɨɛɴɟɤɬɢɜɚ
ɞɟɪɠɢɬɟ
ɩɟɪɟɤɥɸɱɚɬɟɥɶ
ɩɨɥɶɡɨɜɚɬɟɥɶɫɤɢɯ ɪɟɠɢɦɨɜ ɜɵɤɥɸɱɟɧɧɵɦ ɉɟɪɟɤɥɸɱɚɬɟɥɶ ɨɝɪɚɧɢɱɢɬɟɥɹ ɡɨɧɵ
ɮɨɤɭɫɢɪɨɜɤɢ ɧɟ ɮɭɧɤɰɢɨɧɢɪɭɟɬ ɟɫɥɢ ɩɨɥɶɡɨɜɚɬɟɥɶɫɤɢɣ ɪɟɠɢɦ ɜɤɥɸɱɟɧ ɢ
ɭɫɬɚɧɨɜɥɟɧ ɫ ɋ ɢɥɢ ɋɪɢɫ 
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86%ɞɨɤ ɫɬɚɧɰɢɹ ɫɨɜɦɟɫɬɢɦɚ ɬɨɥɶɤɨ ɫ ɨɩɪɟɞɟɥɟɧɧɵɦ ɛɚɣɨɧɟɬɨɦ ɨɛɴɟɤɬɢɜɚ
ɉɨɠɚɥɭɣɫɬɚ ɢɫɩɨɥɶɡɭɣɬɟ ɫɬɚɧɰɢɸ ɞɥɹ ɧɚɫɬɪɨɣɤɢ ɬɨɥɶɤɨ ɬɟɯ ɨɛɴɟɤɬɢɜɨɜ ɞɥɹ
ɤɨɬɨɪɵɯ ɨɧɚ ɩɪɟɞɧɚɡɧɚɱɟɧɚɧɚɩɪɢɦɟɪ ɨɛɴɟɤɬɢɜɵ ɫ ɛɚɣɨɧɟɬɨɦ&DQRQ1LNRQ
6LJPD ɢ ɬɞ
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ɉɪɨɝɪɚɦɦɭ 6,*0$ 2SWLPL]DWLRQ 3UR ɦɨɠɧɨ ɛɟɫɩɥɚɬɧɨ ɡɚɝɪɭɡɢɬɶ ɫ ɜɟɛɫɚɣɬɚ
KWWSZZZVLJPDJOREDOFRPGRZQORDG
ɒɌȺɌɂȼɇȺə ɉɅɈɓȺȾɄȺ ɂ ɄɊȿɉɅȿɇɂȿ
Ɉɛɴɟɤɬɢɜ ɫɧɚɛɠɺɧ ɲɬɚɬɢɜɧɵɦ ɤɪɟɩɥɟɧɢɟɦ ɉɪɢ ɨɫɜɨɛɨɠɞɟɧɢɢ ɛɥɨɤɢɪɭɸɳɟɝɨ
ɜɢɧɬɚ ɧɚ ɤɪɟɩɥɟɧɢɢ ɨɛɴɟɤɬɢɜ ɫ ɤɚɦɟɪɨɣ ɦɨɠɟɬ ɛɵɬɶ ɩɨɜɺɪɧɭɬ ɞɥɹ
ɝɨɪɢɡɨɧɬɚɥɶɧɨɣ ɢ ɜɟɪɬɢɤɚɥɶɧɨɣ ɨɪɢɟɧɬɚɰɢɢ ɤɚɞɪɚɪɢɫ
ɋɇəɌɂȿ ɒɌȺɌɂȼɇɈȽɈ ɄɊȿɉɅȿɇɂə
 ɉɪɢ ɠɟɥɚɧɢɢ ɲɬɚɬɢɜɧɨɟ ɤɪɟɩɥɟɧɢɟ ɦɨɠɟɬ ɛɵɬɶ ɫɧɹɬɨ ɫ ɨɛɴɟɤɬɢɜɚ ɞɥɹ ɛɨɥɟɟ
ɭɞɨɛɧɨɣ ɪɚɛɨɬɵ Ⱦɥɹ ɷɬɨɝɨ ɨɫɜɨɛɨɞɢɬɟ ɛɥɨɤɢɪɭɸɳɢɣ ɜɢɧɬ ɚ ɡɚɬɟɦ ɫɨɜɦɟɫɬɢɬɟ
ɨɬɦɟɬɤɭ ɧɚ ɲɬɚɬɢɜɧɨɦ ɤɪɟɩɥɟɧɢɢ ɫ ɦɟɬɤɨɣ 5(029( ɧɚ ɨɛɴɟɤɬɢɜɟ ɪɢɫ
 Ɂɚɬɟɦ ɩɨɬɹɧɢɬɟ ɲɬɚɬɢɜɧɨɟ ɤɪɟɩɥɟɧɢɟ ɜ ɧɚɩɪɚɜɥɟɧɢɢ ɩɨɤɚɡɚɧɧɨɦ ɧɚ ɪɢɫɢ
ɫɧɢɦɢɬɟ ɟɝɨ
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Ⱦɥɹ ɭɫɬɚɧɨɜɤɢ ɲɬɚɬɢɜɧɨɝɨ ɤɪɟɩɥɟɧɢɹ ɧɚ ɨɛɴɟɤɬɢɜɟ ɜɵɩɨɥɧɢɬɟ ɨɩɟɪɚɰɢɢ
ɨɩɢɫɚɧɧɵɟ ɜɵɲɟ ɜ ɨɛɪɚɬɧɨɦ ɩɨɪɹɞɤɟ
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ɍɫɬɚɧɚɜɥɢɜɚɣɬɟ ɲɬɚɬɢɜɧɨɟ ɤɪɟɩɥɟɧɢɟ ɜ ɩɨɥɨɠɟɧɢɟ ɬɨɥɶɤɨ ɞɥɹ ɟɝɨ ɫɧɹɬɢɹ ɢɥɢ
ɭɫɬɚɧɨɜɤɢ ȼ ɩɪɨɬɢɜɧɨɦ ɫɥɭɱɚɟ ɭɫɬɚɧɨɜɥɟɧɧɨɟ ɬɚɤɢɦ ɨɛɪɚɡɨɦ ɤɪɟɩɥɟɧɢɟ
ɦɨɠɟɬ ɫɨɫɤɨɱɢɬɶ ɫ ɨɛɴɟɤɬɢɜɚ ɢ ɜɵɡɜɚɬɶ ɟɝɨ ɩɚɞɟɧɢɟ Ɂɚɤɪɟɩɥɹɣɬɟ ɛɥɨɤɢɪɭɸɳɢɣ
ɜɢɧɬ ɜɨ ɢɡɛɟɠɚɧɢɟ ɜɪɚɳɟɧɢɹ ɨɛɴɟɤɬɢɜɚ
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ȿɫɥɢ ɨɛɴɟɤɬɢɜ ɭɫɬɚɧɨɜɥɟɧ ɧɚ ɤɚɦɟɪɭ ɲɬɚɬɢɜɧɨɟ ɤɪɟɩɥɟɧɢɟ ɧɟ ɦɨɠɟɬ ɛɵɬɶ ɫɧɹɬɨ
ɎɈɌɈȽɊȺɎɂɊɈȼȺɇɂȿ ɋ ɄɈɇȼȿɊɌȿɊȺɆɂ
ɗɬɨɬ ɨɛɴɟɤɬɢɜ ɦɨɠɟɬ ɢɫɩɨɥɶɡɨɜɚɬɶɫɹ ɫ ɬɟɥɟɤɨɧɜɟɪɬɟɪɚɦɢ 6LJPD $32 7HOH
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ɤɨɦɛɢɧɚɰɢɢ ɨɛɴɟɤɬɢɜɨɜɦɦ)ɢɦɦ)ɫɨɨɬɜɟɬɫɬɜɟɧɧɨ
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ɇɟ ɢɫɩɨɥɶɡɭɣɬɟ ɬɟɥɟɤɨɧɜɟɪɬɟɪɵ ɫɬɨɪɨɧɧɢɯ ɩɪɨɢɡɜɨɞɢɬɟɥɟɣ ɞɚɧɧɵɣ ɨɛɴɟɤɬɢɜ
ɫɨɜɦɟɫɬɢɦ ɬɨɥɶɤɨ ɫ ɨɪɢɝɢɧɚɥɶɧɵɦɢ ɬɟɥɟɤɨɧɜɟɪɬɟɪɚɦɢ6LJPD
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Ɇɵ ɪɟɤɨɦɟɧɞɭɟɦ ɢɫɩɨɥɶɡɨɜɚɬɶ'*$327HOH&RQYHUWHUɫ ɰɢɮɪɨɜɵɦɢ ɡɟɪɤɚɥɶɧɵɦɢ
ɤɚɦɟɪɚɦɢ
Ŧ
ȼ ɪɟɠɢɦɟ ɠɢɜɨɝɨ ɩɪɨɫɦɨɬɪɚ/LYH9LHZɜɨɡɦɨɠɧɨ ɢɫɩɨɥɶɡɨɜɚɧɢɟ ɚɜɬɨɮɨɤɭɫɢɪɨɜɤɢ
ɟɫɥɢ ɤɚɦɟɪɚ ɧɚɯɨɞɢɬɫɹ ɜ ɪɟɠɢɦɟ ɚɜɬɨɮɨɤɭɫɢɪɨɜɤɢ ɩɨ ɦɟɬɨɞɭ ɤɨɧɬɪɚɫɬɧɨɣ
ɞɟɬɟɤɰɢɢ
ȻɅȿɇȾȺ
Ȼɥɟɧɞɚ ɛɚɣɨɧɟɬɧɨɝɨ ɬɢɩɚ ɩɨɫɬɚɜɥɹɟɬɫɹ ɜɦɟɫɬɟ ɫ ɨɛɴɟɤɬɢɜɨɦ Ȼɥɟɧɞɚ ɩɨɦɨɝɚɟɬ
ɩɪɟɞɨɬɜɪɚɬɢɬɶ ɡɚɫɜɟɬɤɭ ɢɥɢ ɛɥɢɤɢ ɧɚ ɫɧɢɦɤɟ ɜɵɡɜɚɧɧɵɟ ɹɪɤɢɦ ɨɫɜɟɳɟɧɢɟɦ ɡɚ
ɩɪɟɞɟɥɚɦɢ ɩɨɥɹ ɮɨɤɭɫɢɪɨɜɤɢ Ⱦɥɹ ɭɫɬɚɧɨɜɤɢ ɛɥɟɧɞɵ ɧɚɞɟɧɶɬɟ ɟɺ ɧɚ ɨɛɴɟɤɬɢɜ ɢ
ɩɨɜɟɪɧɢɬɟ ɩɨ ɱɚɫɨɜɨɣ ɫɬɪɟɥɤɟ ɩɨɤɚ ɨɧɚ ɧɟ ɨɫɬɚɧɨɜɢɬɫɹ ɚ ɡɚɬɟɦ ɡɚɤɪɭɬɢɬɟ ɜɢɧɬ
ɱɬɨɛɵ ɟɺ ɡɚɮɢɤɫɢɪɨɜɚɬɶɪɢɫ
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ɞɥɹ ɯɪɚɧɟɧɢɹ ɛɥɟɧɞɭ ɦɨɠɧɨ ɩɟɪɟɜɟɪɧɭɬɶ
ɇȺɉɅȿɑɇɕɃ ɊȿɆȿɇɖ
Ɂɚɤɪɟɩɢɬɟ ɧɚɩɥɟɱɧɵɣ ɪɟɦɟɧɶ ɬɚɤ ɤɚɤ ɩɨɤɚɡɚɧɨ ɧɚ ɢɥɥɸɫɬɪɚɰɢɢ
ɎɂɅɖɌɊɕ
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ɉɪɢ ɫɴɺɦɤɟ ɦɨɠɧɨ ɢɫɩɨɥɶɡɨɜɚɬɶ ɬɨɥɶɤɨ ɨɞɢɧ ɮɢɥɶɬɪ ɂɫɩɨɥɶɡɨɜɚɧɢɟ ɞɜɭɯ ɢɥɢ
ɛɨɥɟɟ ɮɢɥɶɬɪɨɜ ɨɞɧɨɜɪɟɦɟɧɧɨ ɦɨɝɭɬ ɩɪɢɜɟɫɬɢ ɤ ɷɮɮɟɤɬɭ ɜɢɧɶɟɬɢɪɨɜɚɧɢɹ
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ɉɪɢ ɪɚɛɨɬɟ ɫ ɚɜɬɨɮɨɤɭɫɧɨɣ ɤɚɦɟɪɨɣ ɢɫɩɨɥɶɡɭɣɬɟ ɩɨɥɹɪɢɡɚɰɢɨɧɧɵɣ ɮɢɥɶɬɪ
ɰɢɪɤɭɥɹɪɧɨɝɨ ɬɢɩɚ
ɍɏɈȾ ɂ ɏɊȺɇȿɇɂȿ
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ɇɟ ɩɨɞɜɟɪɝɚɣɬɟ ɨɛɴɟɤɬɢɜ ɪɟɡɤɢɦ ɜɫɬɪɹɫɤɚɦ ɪɟɡɤɨɦɭ ɩɟɪɟɩɚɞɭ ɬɟɦɩɟɪɚɬɭɪ ɢ
ɜɨɡɞɟɣɫɬɜɢɸ ɩɨɜɵɲɟɧɧɨɣ ɜɥɚɠɧɨɫɬɢ
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Ⱦɥɹ
ɫɬɚɰɢɨɧɚɪɧɨɝɨ
ɯɪɚɧɟɧɢɹ
ɢɫɩɨɥɶɡɭɣɬɟ
ɩɪɨɯɥɚɞɧɨɟ
ɫɭɯɨɟ
ɦɟɫɬɨ
ɩɪɟɞɩɨɱɬɢɬɟɥɶɧɨ ɫ ɯɨɪɨɲɟɣ ɜɟɧɬɢɥɹɰɢɟɣ ȼɨ ɢɡɛɟɠɚɧɢɟ ɩɨɜɪɟɠɞɟɧɢɹ
ɩɪɨɫɜɟɬɥɟɧɢɹ ɥɢɧɡ ɨɛɴɟɤɬɢɜɚ ɯɪɚɧɢɬɟ ɟɝɨ ɜɞɚɥɢ ɨɬ ɧɚɮɬɚɥɢɧɚ ɢ ɞɪ ɚɧɬɢɦɨɥɟɣ
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ɇɟ ɢɫɩɨɥɶɡɭɣɬɟ ɪɚɫɬɜɨɪɢɬɟɥɶ ɛɟɧɡɢɧ ɢ ɞɪɭɝɢɟ ɨɪɝɚɧɢɱɟɫɤɢɟ ɱɢɫɬɹɳɢɟ
ɜɟɳɟɫɬɜɚ ɱɬɨɛɵ ɨɱɢɫɬɢɬɶ ɥɢɧɡɨɜɵɟ ɷɥɟɦɟɧɬɵ ɂɫɩɨɥɶɡɭɣɬɟ ɦɹɝɤɭɸ ɜɥɚɠɧɭɸ
ɬɤɚɧɶ ɞɥɹ ɨɩɬɢɤɢ
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Ɉɛɴɟɤɬɢɜ ɧɟ ɜɨɞɨɧɟɩɪɨɧɢɰɚɟɦ ɉɪɢ ɢɫɩɨɥɶɡɨɜɚɧɢɢ ɨɛɴɟɤɬɢɜɚ ɜɛɥɢɡɢ ɜɨɞɵ
ɢɥɢ ɜɨ ɜɪɟɦɹ ɞɨɠɞɹ ɡɚɳɢɬɢɬɟ ɟɝɨ ɨɬ ɧɚɦɨɤɚɧɢɹ Ɉɛɵɱɧɨ ɩɨɜɪɟɠɞɟɧɢɹ
ɫɜɹɡɚɧɧɵɟ ɫ ɩɪɨɧɢɤɧɨɜɟɧɢɟɦ ɜɨɞɵ ɜ ɦɟɯɚɧɢɡɦɵ ɦɟɠɞɭ ɥɢɧɡ ɨɛɴɟɤɬɢɜɚ ɢ
ɨɤɢɫɥɟɧɢɹ ɪɟɦɨɧɬɭ ɧɟ ɩɨɞɥɟɠɚɬ
Ŧ
Ɋɟɡɤɢɟ ɩɟɪɟɩɚɞɵ ɬɟɦɩɟɪɚɬɭɪ ɦɨɝɭɬ ɜɵɡɜɚɬɶ ɨɛɪɚɡɨɜɚɧɢɟ ɬɭɦɚɧɧɨɣ ɩɟɥɟɧɵ ɧɚ
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