45#*$#
KL
'($%)*+&$')(,-.!'(-$/0.0#-!(*-'##+0#
!"#$%&'("')$%*+#%,-+.*"+/'+.0
12'%3"45.%!56(7/%,-7+.46%*+#%8'6-+#
!"#"$%&'()'
!"#$%!&$
!"#$%&'()%*'+",-./+)("*0'*"1.%#-.%*2"*0)"3$-.,)'%"4%5.%"*.&'6"52"0.7"5*
1'%"('5%*'5%"5*2"1.((5*()%*"*."*0)"5%2*5*$*5.%".#"'26+$("705+)"10)185%9
5--)9$+'-"(59-'*5.%"'%&"*0)"'/$2)".#"5*2"'26+$("262*)(:";%".-&)-"*.")<,+.-)"'
-)2,.%2)"*."*052"&5+)(('"*0)",',)-"'&&-)22)2"*0)"#.++.75%9"=$)2*5.%2>"70'*
-.+)"1'%"-)+5)#"'%&"'5&",.+515)2",+'6"5%"5%#+$)%15%9"(59-'*5.%",'**)-%2?"@0'*
20.$+&" /)" *0)" ',,-.,-5'*)" ',,-.'10" *." *0)" 9-'%*5%9" .#" -)+5)#" '%&" '5&" *.
&)A)+.,5%9"1.$%*-5)2".#"#5-2*"'26+$(?"B0.$+&"5*"/)"A5)7)&"'2"'",'-*".#"*0)
+'-9)-",-./+)(".#"&)A)+.,()%*".-"/)"*-)'*)&"'2"'"&52*5%1*"522$)?"@0'*"85%&
.#"'"-)+5)#C'5&"(.&)+"75++"0)+,"-)#$9))2"-)*$-%"*.",.2*D1.%#+51*"2.15)*5)2"'%&
2*.,"*0)"1.%#+51*"#-.("-),-.&$15%9"5*2)+#?"E0)",',)-")<'(5%)2"*7."&5##)-)%*
',,-.'10)2"*."'&&-)22"*0)2)"=$)2*5.%2>"*0)"!""#!$%&'%($)!#$*&$)"',,-.'10
'%&"*0)"+#,)-#./)#0&'+&0&"(1*&$)!""',,-.'10:";*"'+2."+..82"'*"2.()")(,5-51'+
)A5&)%1)F" 70510" -)A)'+2" *0'*" '*" ,-)2)%*" 5*" 52" '" %($,&-0!)#0&2 !""#!$%&'
%($)!#$*&$)" ',,-.'10" *0'*" 5%#.-(2" 34" -)+5)#" '%&" '5&" ,-'1*51)2:" E052
',,-.'10F"0.7)A)-F"&.)2"%.*"0)+,"'105)A)"*0)"2*'*)&"./G)1*5A)".#"10)185%9
'/$2)".#"'26+$("'%&"(59-'*5.%",-.1)&$-)2"705+)"2$2*'5%5%9"'"1.((5*()%*"*.
'"+5/)-'+"'26+$("-)95():"E0)",',)-"9.)2".%"*."5&)%*5#6"*0)"9',2"5%"34",.+516
'%&"*0)"+)22.%2"*0'*"1'%"/)"&-'7%:";*"1.%1+$&)2"/6"+..85%9"'*"&5##)-)%*",.+516
'+*)-%'*5A)2" '%&" 2$99)2*5%9" *0)" '&.,*5.%" .#" '" -&3(-*#,)2 +#,)-#./)#0&'
+&0&"(1*&$)!"2(.&)+:"E0)"5(,+)()%*'*5.%".#"*052"(.&)+"0.+&2".$*"*0)"0.,)
.#"-)A)-*5%9"*."'"(.-)"+5/)-'+"'26+$("-)95()"705+)"1.%*-.++5%9"5--)9$+'(59-'*5.%" '%&" H/.9$2I" '26+$(" 2))8)-2F" #.-" *0)" -)#.-(52*" &52*-5/$*5A)
&)A)+.,()%*'+2(.&)+"*'8)2"'"(.-)"+.%9D*)-("A5)7".#"(59-'*5.%"*-)%&2"'%&
'+2."2))82"*."'&&-)22"*0)"9-.75%9"J.-*0DB.$*0"&5A5&):
3_Chimni(final).PMD
51
6/23/03, 3:24 PM
*$+,)-.(/)0.1$23451/($0&.0$64)+34)07$0&/$8,342/.)$9)'4)$:89;$04-.<$'7$&4=
'0$ 6.)$ (.')0.')$ '07$ 64(('0(/)0$ 04$ 0&/$ ')70'0,0'4)$ 4+$ .7<1,($ =&'1/$ 6&/6>')?
'33/?,1.3$('?3.0'4)$.)-$0&/$.5,7/$4+$'07$.7<1,($7<70/("$@&/$3/724)7/$'7$64(21/A
5/6.,7/$4+$0&/$1.6>$4+$6/30.')0<$.54,0$=&'6&$2.30'6,1.3$64(5').0'4)$4+$(/.7,3/7B
')$64)74).)6/$='0&$')0/3).0'4).1$&,(.)$3'?&07$1.=B$='11$7,66//-$')$3/.1'C')?$0&/7/
45D/60'E/7"$F)$0&'7$3/?.3-B$.00/)0'4)$&.7$5//)$-3.=)$04$0&/$+4114=')?$64)7'-/3G
.0'4)7B$.(4)?$40&/37"
!"#$%"&&'#() *'(%+$'"#) ,&+-./-) 0'$.) $./) 1/*"(%+2.',) 2%"3'&/) "3) 45%"2/6
0.',.) -5((/-$-) $.+$) *'(%+$'"#) '-) #/,/--+%7) $") -5-$+'#) 1/8/&"2*/#$"$ @&/
89$=4,1-$&.E/$.$7&430+.11$4+$HI$('11'4)$2/421/$:JKL;$5/0=//)$IMMM$.)-$IMNMB
.)-$8,342/$.7$.$=&41/$=4,1-$&.E/$.$7&430+.11$4+$JIO$('11'4)$2/421/$:9PQ%RB
IMMM5S$2.3.$JN;"$@&/3/+43/B$.)$.E/3.?/$4+$J"T$('11'4)$'(('?3.)07$2/3$</.3$=4,15/$3/U,'3/-$')$0&/$89$5/0=//)$JVVN$.)-$IMNM$04$>//2$0&/$3.0'4$4+$=43>')?$242,G
1.0'4)$64)70.)0$.0$0&/$JVVN$1/E/1$:9PQ%RB$IMMM.S$JKI;"$W/.)=&'1/B$0&/$)/0
('?3.0'4)$')04$0&/$89$.(4,)0/-$04$.)$.E/3.?/$4+$4)1<$XNKBMMM$2/421/$2/3$</.3
+34($JVVM$04$JVVX$:9PQ%RB$IMMM.S$JKI;"
9./) *':/1) *"$'8/-) "3) $+%(/$) (%"52-"$ *7<1,($ 7//>/37Y3/+,?//7$ +1//$ 0&/'3
&4(/7$(470$4+0/)$+43$.$64(5').0'4)$4+$/64)4('6Y241'0'6.1$(40'E/7"$@&,7B$$Z.
2/374)$(.<$5/$.)$[/64)4('6$('?3.)0\$.)-$.$3/+,?//$.0$0&/$7.(/$0'(/$74$14)?$.7
0&/$63'0/3'.$4+$0&/$JVNJ$%4)E/)0'4)$43$40&/3$3/+,?//$2340/60'4)$')703,(/)07$.3/
(/0]$ :9PQ%RB$ IMMM5S$ 2.3.$ JJ;"$ @&/3/+43/B$ ,)1/77$ 6.3/$ '7$ 0.>/)B$ (/.7,3/7
-'3/60/-$.?.')70$/64)4('6$('?3.)07$(.<$'(2.60$?/),')/$.7<1,($7//>/37$.)64(2/1$0&/($04$0,3)$04$'33/?,1.3$('?3.0'4)$.7$0&/$4)1<$=.<$04$/76.2/$0&3/.07$04
0&/'3$1'+/$.)-$+3//-4("$^)$0&/$40&/3$&.)-B$'+$1/?.1$('?3.0'4)$5/64(/7$'(2477'51/B
.$1'5/3.1$.7<1,($3/?'(/$(.<$64(2/1$/64)4('6$('?3.)07$04$D4')$0&/$.7<1,($U,/,/"
9./) +*;'(5"5-) %/&+$'"#-.'2) ;/$0//#) +'1) +#1) '#$/%#+$'"#+&) *'(%+$'"#"$ ^)
4)/$&.)-B$0&/$-/E/142(/)0$4+$7/)-')?$70.0/7$'7$0&/$4)1<$=.<$04$64)0341$('?3.0'4)
')$0&/$14)?$3,)B$.)$,)-/370.)-')?$=&'6&$'7$/(54-'/-$')$89$-46,(/)07$.)-$7/E/3.1
')0/3).0'4).1$-/61.3.0'4)7$:_'5)/<B$IMMMS$TH`$!.)?>4>$a/61.3.0'4)B$JVVV;"$^)$0&/
40&/3$&.)-B$'0$&.7$5//)$64)0/)-/-$0&.0$(43/$.'-$(.<$')$0&/$7&430$0/3($')63/.7/
0&/$(45'1'0<$4+$6/30.')$7/60'4)7$4+$0&/$242,1.0'4)$4+$70.0/7$04$=&'6&$.'-$'7$?'E/)
:W.30')B$IMMJS$V;"$F)$40&/3$=43-7B$0&/3/$'7$.$Z('?3.0'4)$&,(2]$04$4E/364(/"
9./%/) '-) (%"0'#() /8'1/#,/) $.+$) $./) +;-/#,/) "3) '#$/%#+$'"#+&) ;5%1/#
-.+%'#() .+-) *+1/) 1/8/&"2'#() ,"5#$%'/-) %/&5,$+#$) $") ."-$) &+%(/) %/35(//
2"25&+$'"#-$:%3'72B$IMMMS$TGX;"$F0$'7$2477'51/$0&.0$')$0&/$+,0,3/B$+'370$.7<1,($-/E/1G
42')?$64,)03'/7B$1'>/$W.6/-4)'.$')$0&/$6.7/$4+$b474E.3$3/+,?//7B$='11$3/U,'3/$0&.0
3/72/60$+43$0&/$23')6'21/$4+$#"#<%/3"5&/*/#$$5/$64)-'0'4).1$,24)$3/72/60$+43$0&/
23')6'21/$4+$5,3-/)$7&.3')?$:!.3,0'67>'$.)-$#,&3>/B$IMMMS$JMV;"$#,6&$.$-/E/1G
42(/)0B$5<$,)-/3(')')?$0&/$')0/3).0'4).1$.7<1,($3/?'(/B$(.<$&.E/$'(21'6.0'4)7
3_Chimni(final).PMD
52
6/23/03, 3:24 PM
!"#$%&'("')$%*+#%,-+.*"+/'+.
!"
!"#$%&'$()$*+$%'#,-$"!$.+$*+/#'.-'0$+1,2'#$"!$.-341,$-''5'#-$"#$.+$*+/#'.-'$*+
*##'614.#$,*6#.%*"+7
8+$4*6&%$"!$%&'-'$/"+-*0'#.%*"+-$%&*-$9.9'#$!"#$%&'(!'$.00#'--'-$%&'$!"44":*+6
;1'-%*"+-<$!*#-%=$:&.%$#"4'$/.+$2'$94.3'0$23$#'4*'!$.+0$.*0$9"4*/*'-$*+$*+!41'+/*+6
,*6#.%*"+$9.%%'#+->$?'/"+0=$:&.%$-&"140$2'$%&'$.99#"9#*.%'$.99#"./&$%"$%&'$6#.+%
"!$#'4*'!$.+0$.*0$%"$!*#-%$.-341,$0'@'4"9*+6$/"1+%#*'->$?&"140$*%$2'$@*':'0$.-$.
9.#%$"!$%&'$4.#6'#$9#"24',$"!$0'@'4"9,'+%$"#$2'$%#'.%'0$.-$.$0*-%*+/%$*--1'>$A&*#0=
*+$4*6&%$"!$%&'$6#":*+6$+1,2'#$"!$*+%'#+.4$/"+!4*/%-$*+$%&'$0'@'4"9*+6$:"#40=$:&.%
5*+0$"!$.$#'4*'!B.*0$,"0'4$:*44$&'49$#'!16''-$#'%1#+$%"$9"-%C/"+!4*/%$-"/*'%*'-$.+0
-%"9$%&'$/"+!4*/%$!#",$#'9#"01/*+6$*%-'4!>$D+0=$!"1#%&=$:&.%$/",2*+.%*"+$"!
,'.-1#'-$:*44$.44":$%&'$()$%"$-*,14%.+'"1-43$./&*'@'$%&'$"2E'/%*@'-$"!$&.4%*+6
*##'614.#$,*6#.%*"+$.+0$,.*+%.*+*+6$*%-$/",,*%,'+%$%"$%&'$*+-%*%1%*"+$"!$.-341,>
!"#$%"&&'(")*+,%"$-%#,,.+,
A&'-'$;1'-%*"+-$/.+$2'$.00#'--'0$1-*+6$%:"$0*!!'#'+%$.99#"./&'-7$A&'$!*#-%$/.+
2'$/.44'0$%&'$'((!'")$*)+"#'!",$"#$.99#"./&=$.+0$%&'$-'/"+0$%&'$-!.#%!/0#!1$*
-$1$(+2,$"#'($.99#"./&$FD/&.#3.$.+0$G':*%%=$HIIJK7
!"#$ %&&'%()#*)+(,%'(-#(,$ %../+%)"
A&'$ '((!'")$*)+"#'!",$"#& '22%+')3$ '+@*-.6'-$ /""9'#.%*"+$ L.6.*+-%$ .
/",,"+43$ 9'#/'*@'0$ 'M%'#+.4$ %&#'.%N=$ *+$ %&*-$ /.-'=$ *##'614.#$ ,*6#.%*"+$ .+0
L2"61-N$.-341,$-''5'#-$FG':*%%$.+0$D/&.#3.=$HIIJ<$HOPK7
A&'$.44*.+/'C/"+%.*+,'+%$.99#"./&$/.+$3*'40$.$4*2'#.4$"#$.$/"+-'#@.%*@'$,"0'47
A&'$ )+".$%1'#!1$$ '((!'")$*)+"#'!",$"#$ ,"0'4$ L*-$ *+&'#'+%43$ #'-%#*/%*@'$ .+0
0*-/#*,*+.%"#3N$.-$*%$'--'+%*.443$4.3-$',9&.-*-$"+$,*6#.%*"+$/"+%#"4$,'.-1#'FG':*%%$.+0$D/&.#3.=$HIIJ<$HOQK7$A&'$/"+-%*%1'+%$'4','+%-$"!$%&'$)+".$%1'#!1$
'((!'")$*)+"#'!",$"#$ ,"0'4$ .#'$ 2'-%$ *0'+%*!*'0$ 23$ #'!'#'+/'$ %"$ %&'$ /1##'+%
9#./%*/'$"!$()$-%.%'-<$F.K$.$+"+C'+%#R'$#'6*,'$F*+%'#0*/%*"+=$*+%'#/'9%*"+=$@*-.-=
/.##*'#$-.+/%*"+-=$-.!'$%&*#0$/"1+%#3$#14'=$'%/7KS$F2K$0'%'##'+/'$,'.-1#'-$F0'%'+C
%*"+=$:*%&0#.:.4$"!$-"/*.4$-'/1#*%3$9.3,'+%-=$'%/7KS$F/K$#'.0,*--*"+$.6#'','+%-S
F0K$&.#-&$2"#0'#$/"+%#"4-$%"$/&'/5$-,1664*+6$.+0$%#.!!*/5*+6$*+$&1,.+$2"0*'-S
F'K$ .$ %',9"#.#3$ 9#"%'/%*"+$ #'6*,'$ %"$ 0'.4$ :*%&$ ,.--$ *+!41MS$ F!K$ ,*+*,.4
&1,.+*%.#*.+$.--*-%.+/'$.+0$.*0$%"$!*#-%$.-341,$/"1+%#*'-$:*%&"1%$-'#*"1-$0'2%
#'4*'!S$F6K$&1,.+*%.#*.+$*+%'#@'+%*"+$F-.!'$&.@'+-=$.#,'0$*+%'#@'+%*"+=$'%/7KS
F&K$*+@"41+%.#3$#'%1#+$"!$#'!16''-$%"$%&'$/"1+%#*'-$"!$"#*6*+S$.+0$F*K$-",'$2*4.%'#.4
.+0$,14%*4.%'#.4$.*0$!"#$#'/"+-%#1/%*"+$"!$9"-%C/"+!4*/%$-"/*'%*'-$%"$'+-1#'$#'%1#+7
A&'$(!/$%'(&'((!'")$*)+"#'!",$"#&,"0'4=$"+$%&'$"%&'#$&.+0=$&"9'-$%"$*+E'/%$%&'
9#*+/*94'$"!$*+%'#+.%*"+.4$21#0'+$"#$#'-9"+-*2*4*%3$-&.#*+6$:*%&$#'4.%*@'43$,"#'
/"+%'+%7$ 8%$ #'/"6+*T'-$ %&'$ +''0$ !"#$ .$ ,"#'$ /'('")$-$ -%#.%'63$ %&.%$ )+,/!"$.
,*6#.%*"+$/"+%#"4$,'.-1#'-$:*%&$,''%*+6$%&'$9#"%'/%*"+$/"+/'#+-$"!$.-341,
3_Chimni(final).PMD
53
6/23/03, 3:24 PM
01"/+"
!#
-''5'#-=$.+0$@"41+%.#3$.+0$*##'614.#$,*6#.+%-7$8%-$-%#.%'63$*-$/"+-%*%1%'0$!"#$%
'(!'$"!$%&'$!"44":*+6$'4','+%-<$F.K$9#'@'+%.%*@'$,'.-1#'-$%"$#'01/'$*##'614.#
,*6#.%*"+S$F2K$-%'9-$.6.*+-%$%#.!!*/5'#-$.+0$-,1664'#-$:*%&$-",'$9#"%'/%*"+$!"#
@*/%*,-$:#*%%'+$*+S$F/K$.$4'--$#'-%#*/%*@'$.-341,$#'6*,'S$F0K$2*66'#$#'-'%%4','+%
;1"%.-S$F'K$,"#'$"99"#%1+*%*'-$!"#$4'6.4$,*6#.%*"+S$F!K$,"#'$!1+0*+6$!"#$/"+/'#+'0
,14%*4.%'#.4$*+-%*%1%*"+-S$F6K$6#'.%'#$#'4*'!$.+0$0'@'4"9,'+%$.*0$%"$/"1+%#*'-$"!
!*#-%$ .-341,$ 0'@'4"9*+6$ /"1+%#*'-S$ F&K$ ,"#'$ #'/"+-%#1/%*"+$ .*0$ %"$ 9"-%C
/"+!4*/%$-"/*'%*'-S$.+0$F*K$&1,.+*%.#*.+$*+%'#@'+%*"+$:&'+$%&'#'$*-$6#"--$@*"4.%*"+
"!$&1,.+$#*6&%-7
D$9#'0",*+.+%$,.E"#*%3$"!$/#*%*/-$"!$%&'$9#'-'+%$/"+-'#@.%*@'$,"0'4$.0"9%$%&'
4*2'#.4$,"0'47$U1%$%&'$(!/$%'(&'((!'")$*)+"#'!",$"#&,"0'4$*%-'4!$-1!!'#-$!#",$.
+1,2'#$"!$:'.5+'--'-7
V*#-%=$*%$0"'-$+"%$-'#*"1-43$.%%',9%$%"$.00#'--$%&'$#""%$/.1-'-$"!$@"41+%.#3$.+0
!"#/'0$,*6#.%*"+7$8+$%&*-$#'6.#0=$*%$0"'-$+"%$-1!!*/*'+%43$&*6&4*6&%$%&'$-%#1/%1#.4
*+';1.4*%3$ :&*/&$ /&.#./%'#*T'-$ W"#%&C?"1%&$ #'4.%*"+-7$ ?'/"+0=$ *%$ %#'.%-$ %&'
&1,.+*%.#*.+$ .--*-%.+/'$ .+0$ .*0$ 9#"24',$ .-$ 2'*+6$ 0*-%*+/%$ !#",$ %&'$ 4.#6'#
0'@'4"9,'+%$9#"24',$/"+!#"+%*+6$%&'$0'@'4"9*+6$:"#407$A&'$.+-:'#=$&":'@'#=
*-$+"%$.$-*,94'$0*--"41%*"+$"!$%&'$-&.#9$0*-%*+/%*"+$2'%:''+$#'4*'!$.+0$0'@'4"9,'+%
.*0$ 21%$ .$ !"/1-$ "+$ %&'$ $4#$%"'(& /.1-'-$ "!$ 1+0'#0'@'4"9,'+%7$ A&*#0=$ *+
*,94','+%*+6$&1,.+*%.#*.+$.+0$#'/"+-%#1/%*"+$9#"6#.,,'-$*+$%&'$0'@'4"9*+6
:"#40$ *%$ %'+0-$ %"$ 94./'$ 6#'.%$ !.*%&$ *+$ %&'$ 9"4*/*'-$ "!$ 8+%'#+.%*"+.4$ V*+.+/*.4
8+-%*%1%*"+-$F8V8-K$.+0$*6+"#'$4"/.4$&*-%"#3$.+0$@"*/'-7$V*+.443=$*%$!.*4-$%"$-''$%&.%
0",*+.+%$./%"#-$*+$%&'$*+%'#+.%*"+.4$-3-%',$0"$+"%$*+%'#@'+'$*+$%&*#0$-%.%'-$1+4'-%&'#'$ .#'$ -*6+*!*/.+%$ 6'"C9"4*%*/.4$ "2E'/%*@'-7$ A&'#'!"#'=$ &1,.+*%.#*.+$ *+%'#C
@'+%*"+$,.3$+"%$%.5'$94./'$:&'+$#';1*#'0$F'767=$X:.+0.K$"#$'+0$19$0"*+6$,"#'
&.#,$%&.+$6""0$F'767=$Y"-"@"K7
!"#$ 0'1,/'23,'4#*0#4#&+.-#(,%&$ %../+%)"
A&'$ -!.#%!/0#!1$*-$1$(+2,$"#'(&.99#"./&$0*@'#6'-$!#",$%&'$4*2'#.4$.44*.+/'C
/"+%.*+,'+%$,"0'4$.+0$L@*':-$%&'$'/"+",*/$9#"24',-$"!$0'@'4"9*+6$/"1+%#*'-=
*+/410*+6$ /"+0*%*"+-$ %&.%$ /#'.%'$ /"+!4*/%$ .+0$ 4'.0$ %"$ #'!16''$ 'M"01-=$ .-$ %&'
!1+/%*"+$"!$-%#1/%1#.4$*+';1.4*%3$:*%&*+$%&'$*+%'#+.%*"+.4$-3-%',N$FD/&.#3.$.+0
G':*%%=$HIIJ<$HOQK7
A:"$ .4%'#+.%*@'$ ,"0'4-$ "!$ %&'$ -!.#%!/0#!1$*-$1$(+2,$"#'(& .99#"./&$ /.+$ 2'
9"-*%'07$ A&'$ !*#-%$ ,"0'4=$ 2'-%$ 0'-/#*2'0$ .-$ %&'$ %'-!)'(& -!.#%!/0#!1$*
-$1$(+2,$"#'($,"0'4=$'+@*-.6'-$%&'$1-&'#*+6$*+$"!$.$+':$:"#40$"#0'#7$V#",$%&'
-%.+09"*+%$"!$%&*-$,"0'4=$.+3%&*+6$-&"#%$"!$.$#.0*/.4$#'-%#1/%1#*+6$"!$*+%'#+.%*"+.4
'/"+",*/$.+0$9"4*%*/.4$#'4.%*"+-$:*44$+"%$&'49$.00#'--$%&'$9#"24',$"!$*##'614.#$.+0
!"#/'0$,*6#.%*"+7$D$#'9#'-'+%.%*@'$%'M%$:"140$2'$%&'$Z#"6#.,$.+0$G'/4.#.%*"+
"!$D/%*"+$"+$.$W':$8+%'#+.%*"+.4$(/"+",*/$[#0'#$FHIJ\K7$]&.%'@'#$*%[email protected]*0*%3
%&'$ %'-!)'(& -!.#%!/0#!1$*-$1$(+2,$"#'(& ,"0'4$ &.-$ !':$ %.5'#-$ %"0.37
3_Chimni(final).PMD
54
6/23/03, 3:24 PM
!"#$%&'("')$%*+#%,-+.*"+/'+.
!!
!"#$%#&'()$*')#+$,%$-#.'-*,%/$,($,/%$'-,#(/0/,'($12/$3'#%$1#4'()$/"#$+,1#-0+
0++,0(&#5&'(/0,(*#(/$*')#+6$!"#$!"#$!%&'()*&'(!&+,(&-".*"-"/$0%"1(2/$*')#+
)-07%$0//#(/,'($/'$/"#$.0&/$/"0/$/"#$&'((#&/,'($1#/7##($-#.23##%$0()$-#+,#.8$0,)8
0()$)#9#+':*#(/$"0%$1##($-#&'3(,;#)$%,(&#$/"#$<=>?%$0()$<=@?%$AB'-*0(8$<==CD
E8$<C?F6$G($/"#$:'%/$H'+)$I0-$:#-,')8$"'7#9#-8$7,/"$-#:0/-,0/,'($1#&'*,(3$/"#
%+'30($ '.$ )'('-$ &'2(/-,#%$ 0()$ /"#$ J(,/#)$ K0/,'(%$ L,3"$ H'**,%%,'(#-$ .'M#.23##%$ AJKLHMF8$ /",%$ +,(N03#$ "0%$ 1##($ %/-#%%#)$ ,($ -#+0/,'($ /'$ ,(/#-(0++4
),%:+0&#)$:#-%'(%$AGOP%F$0()$/"#$&'2(/-4$'.$'-,3,($/'$7",&"$-#.23##%$*2%/$-#/2-(
AH'"#($0()$O#(38$<==ED$QE=8$Q=RS$B'-*0($0()$T,1-#018$<==UD$C>S$H-,%:8$Q??<D
>..F6$!"#$-#.23##$0,)$0()$)#9#+':*#(/$AMVOF$0::-'0&"$.0,+#)$('/$1#&02%#$,/
-#&#,9#)$+,*,/#)$.2(),(38$0%$+,1#-0+$&-,/,&%$0-#$7'(/$/'$%233#%/8$12/$1#&02%#$/"#
:-'1+#*$ 7#(/$ *2&"$ )##:#-$ AH-,%:8$ Q??<D$ RF6$ V&&'-),(3$ /'$ /"#$ !"#$!%&'(
*&'(!&+,(&-".*"-"/$0%"1(2/$ :#-%:#&/,9#$ /"#$ :-'1+#*$ 70%$ /"#$ -#%/-,&/,9#
*0((#-$,($7",&"$MVO$70%$&'(&#:/20+,;#)$1'/"$,($/#-*%$'.$%:0/,0+$%&':#$0()
&'(/#(/6$!"#$MVO$0::-'0&"$),)$('/$9,#7$,/$2')21)&1("3!2/)02!()$#)(4")0!$+/"%
$#)*"-"/$0%"1($'.$.,-%/$0%4+2*$)#9#+':,(3$&'2(/-,#%6
W#&'()8$ /"#$ !"#$!%&'() *&'(!&+,(&-".*"-"/$0%"1(2/$ *')#+$ '..#-%$ 0$ *'-#
&'*:+#X$ 0&&'2(/$ '.$ -''/$ &02%#%$ '.$ *,3-0/,'($ /"0($ /"#$ +,1#-0+$ 0++,0(&#5
&'(/0,(*#(/$*')#+$7",&"$*'%/+4$#*:"0%,;#%$:-'X,*0/#$&02%#%6$Y'-$#X0*:+#8
0&&'-),(3$/'$/"#$!"#$!%&'($*&'(!&+,(&-".*"-"/$0%"1(2/$*')#+8$/"#$&'(.+,&/$,(
M70()0$&0(('/$1#$*#-#+4$0//-,12/#)$/'$:-,*'-),0+$"0/-#)$1#/7##($L2/2%$0()
!2/%,%8$ '-$ %,*:+4$ 10)$ 3'9#-(0(&#8$ 12/$ 0+%'$ /'$ /"#$ %#-,'2%+4$ &'(%/-0,(,(3
&1("!12(&$12/$)#9#+':*#(/$#(9,-'(*#(/$7",&"$:-#90,+#)6$V($Z-30(,;0/,'($'.
V.-,&0($J(,/4$AZVJF$[*,(#(/$P#-%'(%$B-'2:$%#/$2:$/'$:-'1#$/"#$3#('&,)#$"0%
&1("!)2/&2$('/#)$,($,/%$-#:'-/$/"0/$7",+#$3'9#-(*#(/$#0-(,(3%$.-'*$&'..##$#X:'-/%
7#-#$)#&+,(,(3$.-'*$\<RR$*,++,'($,($<=E>$/'$\C?$*,++,'($,($<==C8$/"#$GYG%$],*:'%#)
:-'3-0*%$ /"0/$ #X0&#-10/#)$ ,(.+0/,'(8$ 2(#*:+'4*#(/8$ +0()$ %&0-&,/48$ 0()
2(#*:+'4*#(/6$^'2(3$*#($7#-#$",/$:0-/,&2+0-+4$"0-)6$!"#$*'')$'.$/"#$&'2(/-4
70%$ -07_$ AZVJ8$ Q???D$ :0-0$ <>S$ Z-.'-)8$ <==UF6$ !"#$ W/-2&/2-0+$ V)`2%/*#(/
P-'3-0**#$AWVPF$'.$GYG%$,(9'+9#)$*#0%2-#%$+,N#$)#90+20/,'($'.$/"#$&2--#(&4
0()$ /"#$ -#*'90+$ '.$ %/0/#$ %21%,),#%6$ a2/$ ])#90+20/,'($ 0&",#9#)$ #X0&/+4$ /"#
'::'%,/#6$P-,&#%$-'%#$,**#),0/#+4$.'-$9,-/20++4$0++$M70()0(%$7"'8$14$('78$7#-#
0/$ +#0%/$ ,(),-#&/+4$ +,(N#)$ /'$ /"#$ &'**#-&,0+$ #&'('*46$ B'9#-(*#(/$ %'&,0+
:-'3-0**#%$7#-#$%+0%"#)$)-0*0/,&0++48$7",+#$/"#$&'%/%$'.$%&"''+$.##%8$"#0+/"
&0-#8$0()$#9#($70/#-8$,(&-#0%#)_$AZVJ8$Q???F6$G/$70%$/",%$%&#(0-,'$/"0/$&-#0/#)
/"#$&'(),/,'(%$,($7",&"$/"#$#/"(,&$&'(.+,&/$1-'N#$'2/6
G($'/"#-$7'-)%8$/"#$7'-N,(3%$'.$/"#$7'-+)$#&'('*4$0()$/"#$:-#%&-,:/,'($'.$0$(#'5
+,1#-0+$#&'('*,&$:-'3-0**#$:+04#)$0$%,3(,.,&0(/$-'+#$,($5!"2(&13)5$1*&(&$1'
/"0/$2(+#0%"#)$#/"(,&$9,'+#(&#6$G.$9,'+#(&#$)'#%$('/$1-#0N$'2/$,($0++$&'2(/-,#%
7"#-#$WVP$,%$,*:+#*#(/#)$,/$,%$1#&02%#$/"#-#$0-#$0$-0(3#$'.$'/"#-$90-,01+#%$/"0/
&'*#$ ,(/'$ :+048$ .'-$ #X0*:+#8$ /"#$ -'+#$ '.$ &'+'(,0+$ :'+,&,#%$ ,($ &-#0/,(3$ 0()
&'(3#0+,(3$0(/03'(,%/,&$#/"(,&$,)#(/,/,#%8$/"#$-#%,+,#(&#$'.$/"#$#&'('*48$/"#
&"0-0&/#-$'.$/"#$:'%/5&'+'(,0+$%/0/#8$0()$/"#$%/-#(3/"$'.$)#*'&-0/,&$,(%/,/2/,'(%6
3_Chimni(final).PMD
55
6/23/03, 3:24 PM
01"/+"
!"
b'-#$ %:#&,.,&0++48$ ,($ /"#$ *0/-,X$ '.$ /"#%#$ &'(%,)#-0/,'(%8$ /"#$ !"#$!%&'(
*&'(!&+,(&-".*"-"/$0%"1(2/$*')#+c%$0::-'0&"$/'$/"#$:-'1+#*$'.$,--#32+0-$0()
.'-&#)$*,3-0/,'($),..#-%$.-'*$/"#$+,1#-0+$0++,0(&#5&'(/0,(*#(/$*')#+$/"-'23"
2**&(&$12//6$#*:"0%,;,(3D$A0F$*#0(,(3.2+$0()$,(%/,/2/,'(0+,;#)$),0+'32#$7,/"
%/0/#%$0..#&/#)$14$[J$,**,3-0/,'(d0%4+2*$:'+,&,#%S$A1F$%/0()%/,++$0()$:"0%#)
-'++,(3$10&N$'.$/"#$('(5#(/-e#$0%4+2*$-#3,*#$,($0$%:,-,/$'.$-#%:'(%,1,+,/4$%"0-,(3S
A&F$ #X/#()#)$ )#1/$ -#+,#.$ 0()$ ]:#0&#.2+$ %/-2&/2-0+$ 0)`2%/*#(/_$ :'+,&,#%$ .')#9#+':,(3$&'2(/-,#%S$0()$A)F$0//#(),(3$/'$/"#$3-'7,(3$K'-/"5W'2/"$),9,)#6$$G(
%2*8$ /"#$ !"#$!%&'() *&'(!&+,(&-".*"-"/$0%"1(2/$ *')#+$ &0++%$ .'-$ %#-,'2%+4
0))-#%%,(3$ /"#$ -''/$ &02%#%$ '.$ *,3-0/,'(8$ 0()$ 0+%'$ /'$ :+0&#$ /"#$ :-,(&,:+#$ '.
-#%:'(%,1,+,/4$%"0-,(3$0/$/"#$&#(/-#$'.$,/%$,**,3-0/,'($0()$0%4+2*$:'+,&,#%6
!"##$%&'$"'#$()$*'+%,'+),'-.()!)$/
V/$:-#%#(/$,/$,%$/"#$5$1'"!-2(&-")2//&215".5$1(2&1%"1()*')#+$/"0/$,(.'-*%$[J
-#+,#.$0()$0,)$:-0&/,&#%6$G/$,%$*0(,.#%/#)$&1("!)2/&2$,($/"#$-#)2&/,'($'.$ZOV$,($-#0+
/#-*%8$('$%#-,'2%$)#1/$-#+,#.$.'-$",3"+4$,()#1/#)$:''-$&'2(/-,#%$ALGPH%F8$-#)2&#)
.2(),(3$.'-$JKLHM8$/"#$%/0/#)$'1`#&/,9#%$'.$0,)$7",&"$0&&'*:0(4$-#0)*,%%,'(
03-##*#(/%8$ ('(5%21%,),;#)$ #*#-3#(&4$ 0,)$ .'-$ :'%/5&'(.+,&/$ &'2(/-,#%8$ 0()
,(%2..,&,#(/$.2()%$.'-$-#&'(%/-2&/,'($'.$:'%/5&'(.+,&/$%'&,#/,#%6
!"#$%"#& '()& *+#& ,"#"-.+"#& /$0*+.1*,.*+& *22.21*+%"
7"5/&1&13) 879
!"#-#$"0%$1##($0$&+#0-$)#&+,(#$,($ZOV$/'$)#9#+':,(3$&'2(/-,#%6$G($<==U8$ZOV
)-'::#)$/'$/"#$%0*#$+#9#+$'.$.2(),(3$0%$<=E<$,($-#0+$/#-*%6$V./#-$:#0N,(3$0/
JW\@C$1,++,'($,($<==Q8$/"#$ZOV$,($-#0+$/#-*%$.#++$/"-'23"$/"#$)#&0)#$/'$-#0&"
JW\>C$1,++,'($,($<==E$AGVWH8$Q???D$>@F6$G($:0-/,&2+0-8$0,)$/'$V.-,&0$"0%$)#&+,(#)
.-'*$\<=$1,++,'($0$4#0-$0/$/"#$1#3,((,(3$'.$/"#$<==?%$/'$\<Q$1,++,'($/')048$0$:#&0:,/0$)-':$'.$R?$:#-$&#(/$AV*'0N08$Q??<F6
:!$%) *"-"/$0%"1() ($) !"/&"#
Z($ /"#$ '/"#-$ "0()8$ "2*0(,/0-,0($ 0%%,%/0(&#$ ]"0%$ ,(&-#0%#)$ ,/%$ %"0-#$ '.$ /"#
)#&+,(,(3$ZOV$12)3#/8$3-'7,(3$.-'*$0-'2()$R$:#-$&#(/$0/$/"#$#()$'.$/"#$<=E?%
/'$*'-#$/"0($E$:#-$&#(/$.'-$0++$'.$/"#$%#&'()$"0+.$'.$/"#$<==?%_AGVWH8$Q???D$RF6
L2*0(,/0-,0($0,)$%:#(),(3$-'%#$%"0-:+4$,($/"#$#0-+4$<==?%8$.-'*$0-'2()$JW\Q
1,++,'($/'$0$:#0N$'.$JW\>6U$1,++,'($,($<==R6$O#%:,/#$)#&+,(,(3$+0/#-8$"2*0(,/0-,0(
0,)$,($<==E$-#*0,(#)$0/$JW\R6>$1,++,'(8$*2&"$",3"#-$/"0($)2-,(3$/"#$H'+)$I0-$#-0
AGVWH8$Q???D$>@F6$!",%$/-#()8$;4"1)-&";"*)&1)(4")+25<3!$,1*)$#)#2//&13)8798
%##*%$/'$,(),&0/#$0$)#.,(,/#$*'9#$0704$.-'*$)#9#+':*#(/$/'$-#+,#.$0&/,9,/,#%6
="*,5"*) !"/&"#) 2''&'(215"
[9#($/"#$:,&/2-#$'.$-#+,#.8$"'7#9#-8$,%$('/$#(/,-#+4$&'--#&/6$Y-'*$<==Q$'(8$)'('-%
"09#$1##($0++'7#)$/'$,(&+2)#$,($/"#,-$ZOV$.,32-#%$/"#$*'(#4$%:#(/$'($-#.23##%
3_Chimni(final).PMD
56
6/23/03, 3:24 PM
!"#$%&'("')$%*+#%,-+.*"+/'+.
!"
01"/+"
!#
!"#$!%&'()$%**+*,%$'-.-"/$-"$01*$#2"2,$32("0,&$#(,-"/$01*-,$4-,%0$&*!,$24$,*%-#*"3*5
6*.*"0**"$2(0$24$78$#2"2,%$1!.*$#2"*$%2$!0$'*!%0$2"3*9$!"#$87$#2$%2$2"$!$,*/('!,
:!%-%$$;<=6>9$7???@$AB5$C1(%9$-"$8DDE9$7?$F*,$3*"0$24$01*$020!'$1()!"-0!,-!"
!%%-%0!"3*$ G!%$ %F*"0$ 2"$ %(FF2,0-"/$ ,*4(/**%$ !"#$ !%&'()$ %**+*,%$ -"$ #2"2,
32("0,-*%5$C1*$%()%$%F*"0$!)2("0*#$02$H(%0$("#*,$!$:-''-2"$#2''!,%9$2,$)2,*$01!"
!$01-,#$24$:-'!0*,!'$1()!"-0!,-!"$!%%-%0!"3*$;<=6>9$7???@$AB5$C1*$-"3'(%-2"$24
01*%*$ 32%0%$ 1!%$ :**"$ H(%0'&$ 3,-0-3-I*#$ :*3!(%*$ -0$ ,*#(3*%$ 4("#%$ !.!-'!:'*$ 42,
#*.*'2F)*"0$!"#$F2.*,0&$,*#(30-2"$;<=6>9$7???@$JB5
Y*#(30-2"9$7??8B5$C1*$<U]$!"#$01*$d2,'#$[!"+$!#)-0$02$01-%$%-0(!0-2"$;=%'!)9
7??8B5$C1*$`,2(F$24$QQ$1!%$)*!"G1-'*$*\F,*%%*#$32"3*,"$01!0$P,*'-*4$-%$%0-''
!00!31*#$02$F*,42,)!"3*$("#*,$01*$K"1!"3*#$60,(30(,!'$=#H(%0)*"0$]!3-'-0&S
;WX>C=b9$8DDD@$QJB5$<0$1!%$,*32))*"#*#$01!0$%(31$,*42,)$F,2/,!))*%$:*
#*%-/"*#$!"#$#*.*'2F*#$G-01$!$.-*G$02G!,#$*"1!"3-"/$*32"2)-3$#*.*'2F)*"0
!"#$F2.*,0&$,*#(30-2"$;WX>C=b9$8DDD@$QJB5
!"#$% "&% '()#&"*#+"#&% #$$"$*#&,C1*,*$!'%2$!FF*!,%$02$:*$!$:-!%$-"$01*$#-%0,-:(0-2"$24$1()!"-0!,-!"$!%%-%0!"3*5$<"
8DDD9$ K(,2F*!"$ >2))("-0&$ L()!"-0!,-!"$ M44-3*$ ;K>LMB$ 4("#-"/$ 42,$ 01*
42,)*,$N(/2%'!.-!$!"#$O2%2.2$PG!%$42(,$0-)*%$01*$4("#-"/$42,$!''$Q?$=4,-3!"9
>!,-::*!"$!"#$R!3-4-3$>2("0,-*%S$;<=6>9$7???@$TAB5$U*"0-2"$)!&$!'%2$:*$)!#*
02$01*$4!30$01!0$#2"2,$32("0,-*%$-"3,*!%-"/'&$*!,)!,+$01*-,$32"0,-:(0-2"%5$C1(%9
P-"$8DDT$VE$F*,$3*"0$24$32"0,-:(0-2"%$02$WXL>YZ%$6F*3-!'$R,2/,!))*%$G*,*
*!,)!,+*#5$[&$8DDE$01!0$1!#$!,-%*"$02$)2,*$01!"$T?$F*,$3*"0S$;<=6>9$7???@$EQB5
C1-%$%*'*30-.*$!FF,2!31$-%$#-44-3('0$02$("#*,%0!"#$*.*"$-4$01*$PF,2\-)-0&S$4!302,
-%$0!+*"$-"02$!332("0$;<=6>9$7???@$TJB5
C1*$4("#-"/$/-.*"$02$)('0-'!0*,!'$-"%0-0(0-2"%$%(31$!%$WXL>Y$-%$F,*%*"0'&$:*-"/
,*#(3*#5$ <"$ 01*$ 3(,,*"0$ &*!,$ 01*,*$ -%$ !$ 4("#-"/$ %12,04!''$ 24$ W6^87T$ )-''-2"
;W6>Y9$7??8B5$[(0$!%$1!%$:**"$F2-"0*#$2(09$P01*$244-3-!'$WXL>Y$:(#/*0$,*_(*%0
01-%$&*!,$24$^D7J$)-''-2"$-%$!"$!(%0*,-0&$:(#/*0S$01!0$!',*!#&$-"32,F2,!0*%$!$^8??
)-''-2"$3(0$-)F2%*#$:&$#2"2,$"!0-2"%$-"$7??8$;W6>Y9$7??8B5$C1*,*42,*9$01*$!30(!'
3(,,*"0$4("#-"/$%12,04!''$4!3-"/$,*4(/**$F,2/,!)%$-%$!0$'*!%0$^77J$)-''-2"$G1*"
)*!%(,*#$!/!-"%0$,*!'$"**#%$!0$,*4(/**$'23!0-2"%$-"$!''$,*/-2"%$24$01*$G2,'#
;W6>Y9$7??8B5
.-/"-0% *'+1(2'% &1&3$*#*-% #2-&,"-$
]-"!''&9$ ,*'-*4$ 1!%$ 32)*$ 02$ :*$ )!"!/*#$ 2(0%-#*$ %0!0*$ %0,(30(,*%5$ C1(%9$ 42,
*\!)F'*9$-"$8DQT$01*$01*"$K(,2F*!"$>2))("-0&$;K>B$#-,*30*#$)2,*$01!"$D?$F*,
3*"0$24$01*$K>$,*'-*4$:(#/*0$01,2(/1$"!0-2"!'$/2.*,")*"0%$-"$!44*30*#$32("0,-*%5
[&$ 01*$ *!,'&$ 8DD?%9$ 01-%$ 1!#$ 4!''*"$ 02$ '*%%$ 01!"$ T$ F*,$ 3*"05$ C1-%$ 0,*"#$ G!%
%-)('0!"*2(%$G-01$!$%0*!#&$-"3,*!%*$-"$01*$.!'(*$24$,*'-*4$:(#/*0%9$G1-31$0,-F'*#
:*0G**"$8DE?$!"#$8DD?$4,2)$^VJV$)-''-2"$02$H(%0$("#*,$^8$:-''-2"$$;U!3,!*9$7???B5
='%29$:&$01*$'!0*$8DD?%$)2%0$KW$32("0,-*%$G*,*$31!""*''-"/$P!0$'*!%0$!$_(!,0*,S
24$01*-,$*)*,/*"3&$!%%-%0!"3*$01,2(/1$X`M%$;<=6>9$7???@$AQB5$<"$01*$)-#a8DD?%
P!,2("#$AJ$F*,$3*"0$24$K>LMZ%$:(#/*0$G!%$%F*"0$01,2(/1$X`M%S$;<=6>9$7???@
VJB5$C1*$:&aF!%%-"/$24$%0!0*$%0,(30(,*%$;!"#$WX$!/*"3-*%B$)!&$("#*,)-"*$'2"/a
0*,)$%(%0!-"!:'*$#*.*'2F)*"0$;b2"-"-9$8DDJB$:*3!(%*9$/*"*,!''&$%F*!+-"/9$"2"a
%0!0*$!/*"3-*%$!,*$"20$!332("0!:'*$02$F*2F'*c$01*&$!,*$!332("0!:'*$02$#2"2,%9
01*&$G2,+$G-01$'-)-0*#$!"#$4,!/)*"0*#$)!"#!0*%9$01*&$0*"#$02$G2,+$G-012(0$'23!'
F!,0-3-F!0-2"9$01*&$-/"2,*$'23!'$1-%02,-*%9$!"#9$)2%0$%-/"-4-3!"0'&9$01*&$*%31*G
'2"/a0*,)$01-"+-"/5
=%$F!,0$24$01*$*442,0$02$32"%0,(30$!$"2"a*"0,f*$,*/-)*9$01*$KW$1!%$P("-'!0*,!''&
-"32,F2,!0*;#BS$01*$>*"0,!'$!"#$K!%0*,"$K(,2F*$>2("0,-*%$;>KK>%B$-"02$01*
*)*,/-"/$,*/-2"!'$!%&'()$,*/-)*5$<0$1!%$#2"*$%2$01,2(/1$*\0*"#-"/$02$01*)$01*
KW$#,4("$%2"$!%&'()$;-5*59$01*$%()$24$'*/-%'!0-2"9$%0!"#!,#%9$!"#$F,!30-3*%B$!"#
01*$*\F2,0$24$%2F1-%0-3!0*#$:2,#*,a32"0,2'$0*31"2'2/&$;e!.*"*\9$8DDD@$QVB5$<0$1!%
*"/!/*#$P"&$#%&-5%01+)%10%6-7-/18)-&*%#"6S$G1-31$!-)%$!0$P01*$0,!"%42,)!0-2"
!"#$#*.*'2F)*"0$24$01*$%0!0*$)2"2F2'&$24$42,3*$-"$01*$>KK>%9$-"$F!,0-3('!,$01*
F2'-3*$!"#$%*3,*0$%*,.-3*%S$;e!.*"*\9$8DDD@$EV9$*)F1!%-%$!##*#B5$C1(%9$42,
*\!)F'*9$`*,)!"&$32"3'(#*#$,*!#)-%%-2"$!/,**)*"0%$G-01$R2'!"#$-"$8DDV$!"#
01*$>I*31$Y*F(:'-3$-"$8DDA5$C2$-)F'*)*"0$01*)9$-0$/!.*$R2'!"#$bU$87?)$!"#
01*$>I*31$Y*F(:'-3$bU$T?)$;e!.*"*\9$8DDD@$E7B5$C1-%$!-#$%2(/10$02$P#-)-"-%1
01*$4-"!"3-!'$:(,#*"$,*%('0-"/$4,2)$01*$!)*"#)*"0%$24$01*$`*,)!"$!%&'()$'!G
!"#$ 01*$ ,*!#)-%%-2"$ !/,**)*"0;%BS$ 02$ #*!'$ G-01$ -"3,*!%*#$ 4'2G%$ 24$ !%&'()
%**+*,%$!"#$,*4(/**%$;631-*44*,9$3-0*#$-"$e!.*"*\9$8DDDB5$M(0$24$01*$bU$87?)
/-.*"$ 02$ R2'!"#$ 2"'&$ !$ )*,*$ 8V$ F*,$ 3*"0$ G!%$ *!,)!,+*#$ 42,$ !%&'()
-"4,!%0,(30(,*9$-"$32"0,!%0$02$"*!,'&$1!'4$42,$:2,#*,$!(012,-0-*%9$!"#$!"201*,$VE$F*,
3*"0$42,$01*$F2'-3*$$;e!.*"*\9$8DDD@$EA9$EEB5
!"# $%&'"($# )%*+# &%,'%-# -"&# ./01
C1*$6*F0*):*,$8DDT$L<R>$-"-0-!0-.*$24$01*$<"0*,"!0-2"!'$U2"*0!,&$]("#$;<U]B
!"#$ 01*$ d2,'#$ [!"+9$ -0$ -%$ "2G$ !/,**#9$ %(44*,%$ 4,2)$ %*,-2(%$ %12,032)-"/%
;WX>C=b9$7??8@$7JB5$<"$01*$3!%*$24$88$2(0$24$01*$8V$L-/1'&$<"#*:0*#$R22,
>2("0,-*%ae*!%0$ b*.*'2F*#$ >2("0,-*%$ ;L<R>aeb>%B$ G-01$ F2%0a7??J$ #*:0
%*,.-3*$#!0!$!.!-'!:'*9$#*:0$%*,.-3*$%0!,0%$02$-"3,*!%*$!40*,$7??J$!"#$42,$"-"*
L<R>aeb>%9$ 4(0(,*$ '*.*'%$ !,*$ 4!,$ !:2.*$ F,*%*"0$ #*:0$ %*,.-3*$ '*.*'%$ ;b*:0
3_Chimni(final).PMD
57
6/23/03, 3:24 PM
2%)(3%)# -(4)'45# +"# 6!.12
2%7)8'$$'"4# 75&%%8%4+$# 74)# 7')
!"49$(*$')':%)# %8%&5%43;# 7')
K)*,/*"3&$!%%-%0!"3*$01,2(/1$<]<%$-%$2"*$.*1-3'*$42,$-))*#-!0*'&$1*'F-"/$F2%0a
32"4'-30$32("0,-*%5$6-"3*$8DDJ9$*-/10$32("0,-*%$1!.*$,*3*-.*#$01-%$!%%-%0!"3*$4,2)
01*$<U]$;[2%"-!$!"#$L*,I*/2.-"!9$=':!"-!9$YG!"#!9$C!H-+-%0!"9$Y*F(:'-3$24
>2"/29$6-*,,!$e*2"*9$`(-"*!a[-%%!(9$01*$42,)*,$N(/2%'!.-!B5$<U]%$*)*,/*"3&
F2%0a32"4'-30$ !%%-%0!"3*$ -%9$ 12G*.*,9$ F,2.-#*#$ 4,2)$ -0%$ `*"*,!'$ Y*%2(,3*%
3_Chimni(final).PMD
58
6/23/03, 3:24 PM
!"#$%&'("')$%*+#%,-+.*"+/'+.
!"
!""#$%&' (%)' *+' &,-.-/#.-' #%' %#%0"#%"-++*#%(1' &-.2+' 345607#.1)' 8(%9:
;<<=>'?@A'8$&'&#')(&-'%#'+$B+*)*-+',(C-'B--%'D.#C*)-)'+D-"*/*"(11E'/#.'&,*+'D$.D#+-:
2(9*%F'1*/-')*//*"$1&'/#.'(1.-()E'*%)-B&-)'D#+&0"#%/1*"&'+#"*-&*-+'345607#.1)
8(%9:';<<=>'?@A'G,*+'.-C-(1+'&,(&:')-+D*&-'.,-&#.*"'&#'&,-'"#%&.(.E:'&,-.-'*+'(
1("9'#/'"#22*&2-%&'&#H(.)'D-("-'B$*1)*%F'(%)'.-"#%+&.$"&*#%'#/'D##.'D#+&0
"#%/1*"&'+#"*-&*-+A
!"#"$%&' ()&' *+)&"$"+)(,' -%*+).$-/*$"+)' ("&
G,-.-'*+'&,-'(B+-%"-'#/'+-.*#$+'-//#.&'#%'&,-'D(.&'#/'&,-'*%&-.%(&*#%(1'"#22$%*&E
&#'(*)'ID#+&0"#%/1*"&J'+#"*-&*-+'3(+',(+'B--%'&,-'-KD-.*-%"-'/.#2'!/F,(%*+&(%
&#'LH(%)(@:'(//-"&*%F'&,-'D#++*B*1*&*-+'#/'.-"#%+&.$"&*#%'(%)'D-("-'B$*1)*%FA
6#.'-K(2D1-:'*%'!/F,(%*+&(%'*&',(+'B--%'-+&*2(&-)'&,(&'&,-'G(1*B(%',()'.-"-*C-)
+#2-' M;' B*11*#%' *%' 2*1*&(.E' (++*+&(%"-' /.#2' N($)*' !.(B*(:' *%' "#%&.(+&' &#' (%
-+&*2(&-)'M;<<0M;O<'2*11*#%'/#.'.-1*-/'(%)')-C-1#D2-%&'(++*+&(%"-'+D-%&'#%
!/F,(%*+&(%'(%)'/#.'!/F,(%'.-/$F--+'35(".(-:'=???>';;@A'G,-'P%*&-)'Q(&*#%+
N-".-&(.E0R-%-.(1'3PQNR@',(+'%#&-)'&,-'1("9'#/'+$DD#.&'/#.'9-E'.-"#%+&.$"&*#%
(%)')-C-1#D2-%&'D.#S-"&+'*%'D#+&0"#%/1*"&'+#"*-&*-+A'!1&,#$F,'(')#T-%'B*1(&-.(1
(F-%"*-+' (.-' +(*)' &#' ,(C-' ".-(&-)' ID-("-0B$*1)*%F' /$%)+J:' I#%1E' (' +2(11
D.#D#.&*#%'U'1-++'&,(%'=V'D-.'"-%&'U'#/'(11'-2-.F-%"E'(++*+&(%"-'*+'B-*%F')-C#&-)
&#'(%E&,*%F'1*9-'.-"#%+&.$"&*#%'#.'D-("-'B$*1)*%FJ'34!NW:';<<<>'V=@A
!"#$%&'(#)*%+"&,%"$-%(.,,'$,
7,(&'(.-'&,-'2(*%'F(D+'(%)'1-++#%+'&,(&'"(%'B-'*)-%&*/*-)'#%'&,-'B(+*+'#/'&,&,-#.-&*"(1'(.F$2-%&+'(%)'-2D*.*"(1'-C*)-%"-'&,(&',(C-'B--%'"#%+*)-.-)X
0(",/-%' +1' */--%)$' .$-($%23' ()&' %#%-2")2' "../%.
G#'B-F*%'H*&,:'*&'%--)+'&#'B-'-2D,(+*T-)'&,(&'&,-'"$..-%&'.-1*-/'(%)'(*)'+&.(&-FE
#/'YP'+&(&-+',(+'%#&'B--%'+$""-++/$1'*%'.-(1*T*%F'&,-'#BS-"&*C-'#/'D.#2#&*%F
.-+D-"&'/#.'&,-'*%+&*&$&*#%'#/'(+E1$2'H,*1-',(1&*%F'*..-F$1(.'2*F.(&*#%A'!&&-%&*#%
2(E'B-').(H%'&#'&,-'/#11#H*%F')-C-1#D2-%&+A
6*.+&:'H,*1-'*&'*+'&.$-'&,(&'(+E1$2'(DD1*"(&*#%+',(C-')-"1*%-)'/.#2'&,-*.'D-(9'*%
=??;:'&,-.-',(+'B--%'(%'*%".-(+-'*%'(DD1*"(&*#%+'.-"-*C-)'BE'+#2-'"#$%&.*-+'*%
.-"-%&'E-(.+:'(%)'2#.-'+*F%*/*"(%&1E:'&,-.-',(+'B--%'(%'*%".-(+-'*%'*..-F$1(.
2*F.(&*#%:'(1B-*&'&,-.-'(.-'%#'/*.2'/*F$.-+'*%'&,*+'.-F(.)'3ZYW[:';<<=>';;\'R*B%-E:
;<<<>']O@A
N-"#%):'&,-'1("9'#/'.-+#$."-+^)-C-1#D2-%&'/#.'/*.+&'(+E1$2'"#$%&.*-+'*+'$%)-.0
2*%*%F'1*B-.(1'(+E1$2'.-F*2-+'*%'!/.*"('(%)'!+*('H*&,'+-C-.(1'"#$%&.*-+'"1#+*%F
&,-*.'B#.)-.+'&#'(+E1$2'+--9-.+'3-AFA:'R$*%-(:'G(%T(%*(:'G,(*1(%):'(%)'_(9*+&(%@A
[-C-1#D*%F'"#$%&.*-+'H,*",'(.-'%#&'D(.&E'&#'&,-'=?V='W#%C-%&*#%'#%'&,-'N&(&$+
3_Chimni(final).PMD
59
6/23/03, 3:24 PM
01"/+"
#$
#/'L-/$F--+'#.',(C-'(%E'%(&*#%(1'.-/$F--'1-F*+1(&*#%'3-AFA:'(11'"#$%&.*-+'#/'N#$&,
!+*(@'(.-'.-1$"&(%&'&#'&(9-'+&-D+'*%'&,*+')*.-"&*#%A
G,*.):' .-)$"-)' /$%)*%F' &#' PQ`WL' ,(+' 1-)' &#' (12#+&' &,.--0a$(.&-.+' #/' &,/$%)*%F'*%'!/.*"('B-*%F'"$&A'G,*+',(+'2-(%&'-%#.2#$+',(.)+,*D'/#.'.-/$F--+
3PNWL:';<<=@A'G,$+:'&,-'P%*&-)'N&(&-+'W#22*&&--'#%'L-/$F--+'3PNWL@'%#&-+
&,(&'*%'G(%T(%*('I(',(1/02*11*#%'.-/$F--+'/.#2'8$.$%)*'(%)'W#%F#0b*%+,(+(:
(1.-()E'/#."-)'&#'+$.C*C-'#%'(';<'D-.'"-%&'"$&'*%'/##)'.(&*#%+:'+$//-.-)'())*&*#%(1
/##)'"$&B("9+')$.*%F';<<='B-"($+-'#/'+,#.&/(11+'*%'/##)')#%(&*#%+A'PD'&#'V:<<<
.-/$F--+'1-/&'&,-*.'"(2D+'&#'D.#&-+&'&,-'/##)'"$&+J'3PNWL:';<<=@A'c*9-H*+-:'*%
b-%E(' I2(1%$&.*&*#%' (2#%F' =;<:<<<' N#2(1*' .-/$F--+' *%".-(+-)' B-"($++,#.&(F-+'#/')#%(&-)'/##)'/#."-)'('O<'D-.'"-%&'"$&'*%'/##)'.(&*#%+'*%'-(.1E';<<=J
3PNWL:';<<=@A'!1+#'*%'b-%E('I+#2-';d:<<<'N#2(1*'(%)'N$)(%-+-'.-/$F-",*1).-%'H-.-'$%(B1-'&#'(&&-%)'+",##1'B-"($+-'#/'"1(++.##2'+,#.&(F-+'1*%9-)'&#
B$)F-&'"$&+A'YK*+&*%F'"1(++.##2+'H-.-'#C-.".#H)-):'(C-.(F*%F'=;<'D$D*1+'D-.
&-(",-.A' L-/$F--' "(2D+' *%' b-%E(' %--)' +-C-%' %-H' +",##1+' (%)' ;]<' %-H
"1(++.##2+:'.-1*-/'H#.9-.+'.-D#.&J'3PNWL:';<<=@A'6$.&,-.:'PQ`WL'D1(%+'&#
"1#+-')#H%'#//*"-+'*%'(&'1-(+&'=<'"#$%&.*-+>'8-%*%:'W(2-.##%:'W,():'R(2B*(:
b$H(*&:'5(1*:'Q*F-.:'NH(T*1(%):'G#F#:'P%*&-)'!.(B'Y2*.(&-+:'(%)'e*-&'Q(2
3PQ`WL:';<<=@A
6#$.&,:'&,-.-',(+'B--%'(%'*%".-(+-'*%'*%&-.%(1'"#%/1*"&+'*%')-C-1#D*%F'"#$%&.*-+'*%
&,-'D(+&')-"()-A'4%'&,-'==0E-(.'D#+&'W#1)'7(.'D-.*#):'&,-.-'H-.-'Vf')*//-.-%&
2(S#.'(.2-)'"#%/1*"&+'*%']]')*//-.-%&'1#"(&*#%+'3N4_L4:';<<=@A'!11'B$&'&,.--'#/
&,-'2(S#.'(.2-)'"#%/1*"&+'.-F*+&-.-)'/#.'=??<0;<<<'H-.-'*%&-.%(1'3N4_L4:';<<=@:
(%)' %-(.1E' (11' #/' &,-2' H-.-' *%' )-C-1#D*%F' "#$%&.*-+A' 5(%E' #/' &,-' *%&-.%(1
"#%/1*"&+:' *%' &,-' 1(+&' )-"()-' (%)' B-/#.-:' ,(C-' &(9-%' D1("-' *%' 1#H0*%"#2`4_W+' +$",' (+' !%F#1(:' 8$.$%)*:' W-%&.(1' !/.*"(%' L-D$B1*":' [-2#".(&*"
L-D$B1*"'#/'W#%F#:'Y&,*#D*(:'c*B-.*(:'5E(%2(.:'N*-..('c-#%-:'N#2(1*(:'(%)
N$)(%'3456078:';<<=>'f@A'4&'*+:'(2#%F'#&,-.'&,*%F+:'(%'*%)*"(&*#%'#/'&,-'/(*1$.&#'()).-++'&,-'.##&'"($+-+'#/'2*F.(&*#%A''4&',(+'(1+#'2-(%&'('F.#H*%F'%$2B-.'#/
*%&-.%(11E')*+D1("-)'D-.+#%+A
6*/&,:' &,-' (B+-%"-' #/' +$//*"*-%&' (*):' &,-' )*//*"$1&*-+' #/' B.*%F*%F' *%' D.*C(&*%C-+&2-%&:'(%)'*%+$//*"*-%&')-B&'.-1*-/'&#'D#+&0"#%/1*"&'+#"*-&*-+',(+'"#2D-11-)
&,-2'&#'&$.%'&#'464+'/#.'+$""#$.'H,*",'D.-+".*B-'"#%)*&*#%+'&,(&'&-%)'&#'.-D.#)$"&,-' F-%-.(1' -%C*.#%2-%&' /#.' "#%/1*"&' 3`(*&*:' LH(%)(:' W#%F#:' N*-..(' c-#%-:
R$*%-(08*++($:'!%F#1(:'8$.$%)*:'(%)'#&,-.+@'3W.*+D:';<<=>'=f@A'G,-'PQ`WL:'/#.
-K(2D1-:'%#&-+:'I+&.$"&$.(1'()S$+&2-%&'D.#F.(22-+'2(E'*%'&,-g+,#.&'.$%'hgi
-K("-.B(&-' &,-' "($+-+' #/' "#%/1*"&J' 3PQ`WL:' =??j@A' G,-.-' ,(+' B--%' +-1/
".*&*"*+2'BE'&,-'7#.1)'8(%9'&,(&'I&##'2$",'-2D,(+*+'H(+'D$&'#%'('.(D*)'D("#/' .-/#.2+' *%' `(*&*:' LH(%)(:' (%)' PF(%)(:' (+' #DD#+-)' &#' "#%"-%&.(&*%F' #%
2(*%&(*%*%F'1#H'*%/1(&*#%'(%)'('"#%C-.&*B1-'"$..-%"E:'(%)'(DD.#(",*%F'#&,-.
.-/#.2+'2#.-'*%".-2-%&(11EJ'3"*&-)'*%'PQ[_:';<<<B>']?@A'4&',(+'%#&-):'/#.
-K(2D1-:'&,(&'(%'-2D,(+*+'#%'*22-)*(&-'(%)'H*)-+D.-()'D.*C(&*T(&*#%'*%'D#+&0
3_Chimni(final).PMD
60
6/23/03, 3:24 PM
!"#$%&'("')$%*+#%,-+.*"+/'+.
!"
!"#$%&!'( )&'*+'&"#)( ,-.+/( 01%%( #"'( 1#2+#!1( '21( 34")31!')( $"4( )*)'+&#156
17*&'+8%1( 5191%"3.1#'6( +#5( .+/( 191#( .+:1( '21.( 0"4)1;( <!&'15( &#( =>?@6
ABBB8CD(E21(=>FG(2+)('2141$"41(811#(!".31%%15('"(3%1+5(0&'2('21(HIH)('"(&#&'&+'1
,+(J31+!1K$4&1#5%/L()'4*!'*4+%(+5M*)'.1#'(34"N4+.;(<O##+#6(PQQRS(PTCD
!"#$%&' ()*+
E21( !"#$%&'()*'%+ (,,*(#!%-!"#)(*#.%#)( ."51%6( &#( 9&10( "$( '21( *#514%/&#N
+))*.3'&"#('2+'(.&N4+'&"#(&)(+#(1U'14#+%('241+'6(+#5(N&91#(&')(&#+8&%&'/('"(+3341!&+'1
'21(!"#!14#)("$(3""4(5191%"3&#N(!"*#'4&1)6(2+)(%15('"('21($"%%"0&#N(3"%&!/(N+3)D
I&4)'6(02&%1(.&N4+'&"#($4".(F"*'2('"(>"4'2(2+)(&#!41+)156('21($+!'('2+'(.")'("$
&#'14#+'&"#+%(.&N4+'&"#()'&%%("!!*4)(81'011#(5191%"3&#N(!"*#'4&1)(&)(&N#"415D
E2141$"416(V=(518+'1($"!*)1)(."41("#(!"#'4"%%&#N(.&N4+'&"#($4".(F"*'2('"(>"4'2
'2+#("#(+5541))&#N('21(4""'(!+*)1)("$(.&N4+'&"#("4(&#(+))&)'&#N($&4)'(+)/%*.
5191%"3&#N(!"*#'4&1)D
F1!"#56(&'(341)!4&81)(+#5(1#!"*4+N1)(*#&%+'14+%(+!'&"#D(H'(5"1)(#"'(1#9&)+N1
1#'14&#N(&#'"(+(5&+%"N*1(0&'2('2")1()'+'1)('2+'(+41(+$$1!'15(8/(+!'&"#)($%"0&#N
$4".('21(."51%D(E2&)(+''&'*51(.&%&'+'1)(+N+&#)'(&#'14#+'&"#+%(!""314+'&"#(&#(1&'214
)*)'+&#&#N(+(%&814+%(N%"8+%(+)/%*.(41N&.1("4(&#('+!:%&#N(&441N*%+4(.&N4+'&"#D
E2&456(&'(5&)41N+45)('21(51."N4+32&!(34"$&%1("$('21(V=(+#5(3%+!1)('""(.*!2
1.32+)&)("#(.&N4+'&"#(!"#'4"%6(4+'214('2+#("#(.+#+N&#N(.&N4+'&"#D(E2141$"416
'2141(&)('21(+8)1#!1("$("$$&!&+%(41!"N#&'&"#('2+'(&%%1N+%(.&N4+'&"#('+:1)(3%+!1
81!+*)1('2141(&)(+(51.+#5($"4(&'(<W+4'&#6(ABBPS(PRX(W"44&)"#6(ABBBS(YAX(G&8#1/6
ABBBS(TACD
I"*4'26(&'($+&%)('"(+!:#"0%15N1(19&51#!1('2+'(,#"(%&#:(81'011#(&..&N4+'&"#(+#5
*#1.3%"/.1#'( !+#( 81( 1)'+8%&)215;6( +#5( $*4'214( '2+'( ,$"41&N#14)( +41( ."41
9*%#14+8%1('"(*#1.3%"/.1#'('2+#(#+'&"#+%);((<ZV[?6(ABBPS(\Q6(]ACD
I&$'26(&'(5"1)(#"'()*$$&!&1#'%/(+3341!&+'1('2+'(.&N4+'&"#(&)(+()"*4!1("$(5191%"3.1#'
$*#5)($"4(3""4(!"*#'4&1)('24"*N2('21(34"!1))("$(41.&''+#!1)D(O!!"45&#N('"('21
HWI6(+#(1)'&.+'15(^YY(8&%%&"#(0+)(41.&''15(&#(PQQY(<W+4'&#6(ABBPS(PAC6(&#!41+)15
$4".(^\R(8&%%&"#(&#(PQQ](<=>?@6(PQQQS(A\CD
F&U'26(&'(&N#"41)('21($+!'('2+'(+&5(8*5N1')(2+91($+%%1#(81!+*)1('2141(&)(+(%+!:("$
3"%&'&!+%(!"..&'.1#'D(E2&)(!+#(81()11#($4".('21($+!'('2+'(+&5(8*5N1')(2+91($+%%1#
,)&N#&$&!+#'%/($+)'14('2+#("'214(N"914#.1#'(1U31#5&'*41)6()"('2+'('21()2+41("$
Z?O(&#('"'+%(N"914#.1#'()31#5&#N(54"3315($4".(BDR(314(!1#'('"(BD](314(!1#'("914
'21(314&"5(PQQ_('"(PQQR;(<HOF[6(ABBBS(\QCD
F191#'26(&'($+&%)('"()11('2+'(,'21(!2+#N&#N(."5+%&'&1)("$(+&5(5&)'4&8*'&"#(.+/(&#('*4#
84115(!"#$%&!';(<?"#&#&6(PQQ\S(YCD
3_Chimni(final).PMD
61
6/23/03, 3:24 PM
01"/+"
!#
V&N2'26('21(."51%(5"1)(#"'()*$$&!&1#'%/(41!"N#&`1('21(2*.+#(4&N2')(5&.1#)&"#("$
'21(34"8%1.("$(.&N4+'&"#D(I"4(1U+.3%16('21(a&1##+(?1!%+4+'&"#(+#5(@4"N4+..1
"$(O!'&"#6(PQQ_(<=>b[c6(PQQ\S(A]RC()'+'1)('2+'(1U'41.1(3"914'/(&#()1#5&#N
)'+'1)( ,&#2&8&')( $*%%( +#5( 1$$1!'&91( 1#M"/.1#'( "$( 2*.+#( 4&N2');( +#5( '2+'( &')
+%%19&+'&"#(.*)'(41.+&#(2&N2(&#'14#+'&"#+%(34&"4&'/D
>&#'26( &'( $+&%)( '"( +3341!&+'1( '21( 3")&'&91( 3*8%&!( 41)3"#)1( 021#( '21( !+)1( $"4
41$*N11)(&)(34"314%/(+4N*15(<+)(&#('21(!+)1("$(d")"9+4(41$*N11)CD(V*4"31+#
!&'&`1#)(2+91(+%)"()2"0#(#"()&N#("$(+&5($+'&N*1(<HOF[6(ABBBS(\Y$$CD(V*4"31(2+)
+%)"6( +."#N( "'214( '2&#N)6( 0&'#1))15( '21( ,5&41!'( +&5( 321#".1#"#;( 0&'2
!"..*#&'/( 41341)1#'+'&91)( 314)"#+%%/( 51%&914&#N( '21( N""5)( '2+'( 2+91( 811#
5"#+'15(<HOF[6(ABBBS(]ACD
E1#'26(&'(5"1)(#"'(3+/()*$$&!&1#'(+''1#'&"#('"('21($+!'('2+'(3"%&'&!+%()'+8&%&'/(&#('21
'2&45(0"4%5(&)(!4*!&+%($"4('21(>"4'2L)(+!!1))('"(9&'+%(#+'*4+%(41)"*4!1)(+)(01%%('"
34"9&51(+#(+334"34&+'1(1#9&4"#.1#'(&#91)'.1#'($"4($"41&N#(5&41!'(&#91)'.1#'
<O!2+4/+(+#5(?10&''6(PQQYS(P_TCD
,-++".+
e2+'(+41('21(%1))"#)('2+'(!+#(81(54+0#($4".(2&'214'"(V=(1U314&1#!1f
I&4)'6('2+'("#%/(+(!".34121#)&91(+#5(%"#NK'14.(314)31!'&91(&#$"4.15(8/(19"%9&#N
&#'14#+'&"#+%(2*.+#(4&N2')(%+0(!+#(21%3()2+31(+(4+'&"#+%(+#5()*)'+&#+8%1(V=
.&N4+'&"#(3"%&!/D
F1!"#56('2+'(.&N4+'&"#(3"%&!&1)()2"*%5(81(8+)15("#('4+#)3+41#'(+#5(4+'&"#+%
+334+&)+%("$(%+8"*4(+#5(51."N4+32&!(#115)D(O(`14"(&..&N4+'&"#(3"%&!/(0&%%("#%/
1#!"*4+N1(&441N*%+4(.&N4+'&"#D
E2&456('2+'('21(#"#K1#'4g1(41N&.1(!"#$4"#'&#N(1!"#".&!(.&N4+#')(+#5(+)/%*.
)11:14)(2+)(.141%/(5&)3%+!15('21(34"8%1.D(H'(2+)(1#)*415('21(1.14N1#!1("$(+
2*N1(*#514N4"*#5(&#5*)'4/(&#9"%9&#N('21(&%%1N+%(."91.1#'("$(31"3%1(+!4"))
8"4514)(<HG[K=>b[c6(PQQYS(TK\X(d")146(ABBBS(PPBCD
I"*4'26('21(!*441#'(+%%"!+'&"#("$(41)"*4!1)($"4(&#'14#+'&"#+%(+))&)'+#!1(&)(&44+'&"#+%
<=>?@6(ABBBS(PAPCD(E21([+4#1N&1(["..&))&"#("#(@4191#'&#N(?1+5%/(["#$%&!')
1)'&.+'15('2+'('21(!")'('"('21(&#'14#+'&"#+%(!"..*#&'/("$('21()191#(.+M"4(0+4)
&#('21(PQQB)6(#"'(&#!%*5&#N(d")"9"6(0+)(^ABB(8&%%&"#(h($"*4('&.1)('21(5191%"3.1#'
+&5(&#(+#/()&#N%1(/1+4(<=>?@6(ABBBS(PAPCD(H#("'214(0"45)6('21(4""'(!+*)1)("$
&#'14#+%(!"#$%&!')(+#5(.&N4+'&"#(.*)'(81(*4N1#'%/(+5541))15D
I&$'26('21(415*!'&"#("$()*33"4'('"(=>b[c(+#5($&4)'(+)/%*.(5191%"3&#N(!"*#'4&1)
0&%%(*#514.&#1('21(PQ\P(c1$*N11(["#91#'&"#(+#5('21(!415&8&%&'/("$('21(34&#!&3+%
"4N+#&`+'&"#(!"#!14#15(0&'2('21(34"'1!'&"#(+#5(01%$+41("$(41$*N11)D
3_Chimni(final).PMD
62
6/23/03, 3:24 PM
!"#$%&'("')$%*+#%,-+.*"+/'+.
!"
!"#$%&'$%($'$%)'*++,)-($"+.'+/'01).2".34'1$($)1'$+'*%)*5'"--)367(-'8"3-($"+.'(.2
1(/)36(-2' (' /(9+6-(:7)' ".9)1$8).$' *7"8($)' *(..+$' :)' /677;' 1)*6-)2' <"$%+6$
).$)-".3'".$+'('2"(7+36)'<"$%'$%)8'(.2'<"$%+6$'$(5".3'8)(16-)1'$%($'(22-)11'$%)
,-+:7)8'+/'$%)"-',)+,7)=
!"##$%$&'()*+",-(.+'$%&.'"/$0
>%)-)'(-)'!"#'(7$)-.($"9)',+7"*;',(*5(3)1'(9("7(:7)'$+'$%)'?@'<%"*%'%(9)':)).
2)1"3.($)2'(:+9)'(1'$%)'$%&'()$*)$$%)+,'-,#+!)%+.'+!'8+2)7'(.2'$%)'('/#(.%0!
1%0!(%&2!%3'-1'3'$#4.'+!)$*8+2)7='A'!5%(1',+11":"7"$;'"1'$+'".$-+26*)')7)8).$1
/-+8'$%)'7($$)-',(*5(3)'".$+'$%)'7":)-(7'8+2)7=
!"#$%&'#()$* +,* !* "(-$%'"* '""('&.$* ./&#'(&0$&#* 0/1$"
>%)' $%&'()$* )$$%)+,'-,#+!)%+.'+!* 8+2)7' %+721' ($$-(*$"+.' /+-' ?@' 1$($)1' (1' "$
1))51'$+'(22-)11'1+8)'+/'$%)'3(,1'".'$%)'*+.1)-9($"9)'8+2)7'<"$%+6$'*%(.3".3
$%)' )11).$"(77;' -)1$-"*$"9)' .($6-)' +/' $%)' (77"(.*)B*+.$(".8).$' (,,-+(*%=' >%)
7":)-(7'8+2)7&'%+<)9)-&'2+)1'.+$'$(5)'".$+'(**+6.$'$%)'8+-)'/6.2(8).$(7'/7(<1
$%($'*%(-(*$)-"C)'$%)'(77"(.*)B*+.$(".8).$'(,,-+(*%='>+'-)*(,"$67($)&'"$'%+!'(
)$%)'+9)-7++51D'E(F'%"1$+-"*(7'(.2'-)3"+.(7'$-).21'".'".$)-.($"+.(7'8"3-($"+.G'E:F'$%)
1$-6*$6-(7'".)H6(7"$")1'".'$%)'".$)-.($"+.(7'1;1$)8'$%($'6.2)-,".'$%)'I+-$%B!+6$%
2"9"2)G'E*F'$%)'.))2'/+-'('*+8,-)%).1"9)&'-($"+.(7'(.2'161$(".(:7)'1$-($)3;G'(.2
E2F'$%)'1"3."/"*(.*)'+/').$)-".3'".$+'('8)(.".3/67'(.2'".1$"$6$"+.(7"C)2'2"(7+36)
<"$%'$%)'!+6$%=
!"#$%&'#()$* ++,* !* %$2/%0(3#* 1(3#%(-4#()$51$)$"/60$&#'"* 0/1$"
>%)'1)*+.2'(7$)-.($"9)'"1'$%)'('/#(.%0!*1%0!(%&2!%3'-1'3'$#4.'+!)$*8+2)7='J$
%+721'+6$'$%)'%+,)'+/'-)9)-$".3'$+'('8+-)'7":)-(7'(1;768'-)3"8)'<%"7)'*+.$-+77".3
"--)367(-'8"3-($"+.'(.2'0:+3614'(1;768'1))5)-1='>%)'-)/+-8"1$'8+2)7'$(5)1'(
7+.3B$)-8'9")<'+/'8"3-($"+.'$-).21'(.2'($$)8,$1'$+':)3".'$+'(22-)11'$%)'3-+<".3
I+-$%B!+6$%'2"9"2)='J$'<+672'E+$%)-'$%(.'$(5)'%(-1%'8)(16-)1'(3(".1$'186337)-1
(.2'$-(//"*5)-1F'%+!'(*)$%)'".9"$)'$%)'/+77+<".3'8)(16-)1'/-+8'?@=
6+0!%!2!%#+)$%7'* 1%)$#82'* "%!5* !5'* 9#2!5
?.$)-'".$+'(.2'".1$"$6$"+.(7"C)'E)"$%)-'".1"2)'+-'+6$1"2)'$%)'@IKLMF'2"(7+36)'<"$%
2)9)7+,".3'*+6.$-")1':)/+-)'/-(8".3'8"3-($"+.',+7"*;'EL%"8."&'NOOPF='>%)'<+-5
6.2)-$(5).':;'?@'K"3%'Q)9)7'R+-5".3'S-+6,'+.'A1;768'(.2'T"3-($"+.'1)$'6,
".'PUUV'2+)1'.+$'/67/"7'16*%'('.))2'/+-'$%-))'-)(1+.1='W"-1$&'"$'"1'7"8"$)2'$+'('/)<
1$($)1'EA/3%(."1$(.&'A7:(."(&'J-(H&'T+-+**+&'!+8(7"(&'(.2'!-"'Q(.5(F='!)*+.2&
"$'2+)1'.+$'2"1*611'$%)'"8,(*$'+/'?@'(1;768'(.2'8"3-($"+.',+7"*")1'+.'*+6.$-")1
+/'$%)'!+6$%='>%"-2&'(1'*-"$"*1'%(9)'.+$)2&'"$1',7(.1'0%(9)'.+$'/+*61)2'+.'$%+1)
*(61)1' 16*%' (1' %68(.' -"3%$1' 9"+7($"+.1' (.2' ,+9)-$;&' .+-' +.' ,-+$)*$"+.' +/
-)/63))1&':6$'".1$)(2'+.'8)(16-)1'$+',-)9).$').$-;'".$+'?6-+,)4'EX(.)5)&'NOOOF=
3_Chimni(final).PMD
63
6/23/03, 3:24 PM
01"/+"
!#
9'(%#20$:* )11('00* !5'* (##!* ,)20'0* #/* .%8()!%#+
J.',(-$"*67(-&'*+8)'$+'3-",1'<"$%'$%)'3-+<".3'I+-$%B!+6$%'2"9"2)'(.2'-)$%".5'$%)
.)+B7":)-(7')*+.+8"*',-+3-(88)'"8,+1)2':;'JWJ1=
;5)0'1*('.#3)$*#/*!5'*"#(0!*'$'.'+!0*#/*+#+-'+!(<'*)+1*1'!'(('+,'*('8%.'
X)3".'(',%(1)2'-)8+9(7'+/'$%)'.+.B).$-Y)'-)3"8)&'1$(-$".3'<"$%')7"8".($"+.'+/
".$)-*),$"+.&'".$)-2"*$"+.&'(.2'2)$)--).*)'8)(16-)1'$+':)'/+77+<)2':;'-)8+9(7'+/
*(--")-'1(.*$"+.1'(.2'$%)'1(/)'$%"-2'*+6.$-;'-67)='J.'+$%)-'<+-21&'$%)',-".*",7)'+/
+#+-('/#2$'.'+!'1%+672':)'/677;'-)1,)*$)2'ES":.);&'NOOOD'Z[&'ZUF=
6+,(')0'1* ('0'!!$'.'+!* /),%$%!%'0
T+-)'-)1)$$7)8).$'+,,+-$6."$")1'1%+672':)'8(2)'(9("7(:7)='>+',6$'"$'2"//)-).$7;&
"$'1%+672'.+$':)',)-*)"9)2'(1'('26-(:7)'1+76$"+.'+/'$%)'07(1$'-)1+-$4='>%)-)'1%+672
(71+' :)' 0.+' $-(2)' +//' :)$<)).' -)1)$$7)8).$' *+88"$8).$1' (.2' (1;768
+:7"3($"+.14'E?LM?&'NOOOF='>%"1'<+672'1%+<'?@\1'-)1,)*$'/+-'$%)',-".*",7)'+/
-)1,+.1":"7"$;'1%(-".3=
=$$#"* $'8)$* .%8()!%#+
])-8"$' +,).' 7)3(7' 8"3-($"+.' *%(..)71' ".' 7"3%$' +/' "$1' 7(:+6-' .))21' $+' -)26*)
$%)',+11":"7"$;'+/'"--)367(-'8"3-($"+.='>)8,+-(-;'7)3(7'8"3-($"+.'1*%)8)1'<"$%
-)(1+.(:7)' *+.$-+71' E$%($' "1' ".' *+.1+.(.*)' <"$%' ".$)-.($"+.(7' %68(.' -"3%$1
7(<F'8(;'(71+'%)7,'6.2)-8".)'$%)'186337".3'(.2'$-(//"*5".3'".261$-;'ES":.);&
NOOOD'Z[F=
6+,(')0'* >?=
>%)'?@'861$'8))$'"$1'^_A'*+88"$8).$1':)*(61)'"$'-)8(".1'('*-"$"*(7'-)1+6-*)
/+-'2)9)7+,".3'*+6.$-")1'(.2'"$1'2)*7".)'('8($$)-'+/'1)-"+61'*+.*)-.='>%)'-)*).$
X-611)71'_)*7(-($"+.'+.'Q_L1'-)H6"-)1'$%)8'$+'8))$')#,)2"$"+617;'$%)'$(-3)$1
+/'O=P`',)-'*).$'+-'O=NO',)-'*).$'+/'S-+11'I($"+.(7']-+26*$'ESI]F'(1'^_A'$+
Q_L1''EX-611)71'_)*7(-($"+.&'NOOPF='J.'+$%)-'*(1)1'$%)'$(-3)$'+/'O=[',)-'*).$'+/
$%)'SI]'1%+672':)'(*%")9)2='>%)'?@'861$'(71+'-)/-(".'/-+8'".*762".3'8+.);
1,).$' +.' (1;768' 1))5)-1' (.2' -)/63))1' ".' $%)' /"-1$' ;)(-' +/' -)1"2).*)' ".' $%)
^_A'/"36-)1=
@'12,'* 1'&!
]-+9"2)'3-)($)-'2):$'-)7")/'$+',+1$B*+./7"*$'*+6.$-")1'<"$%".'$%)'/7)#":"7"$;',-+9"2)2
6.2)-'$%)'KJ]L'/-(8)<+-5'EX-611)71'_)*7(-($"+.&'NOOPF='>%)'(**+8,(.;".3
*+.2"$"+.1' 1%+672' :)' 2)1"3.)2' $+' )-(2"*($)' ,+9)-$;' (.2' ,-+8+$)' )*+.+8"*
2)9)7+,8).$=
A''!* %+!'('0!* 02&0%1%'0* #/* '.'(8'+,:* /%+)+,%)$* )00%0!)+,'* /(#.* 6AB
X"7($)-(7'2+.+-1'1%+672':)').*+6-(3)2'$+',-+9"2)'".$)-)1$'16:1"2")1'$+'-)26*)'$%)
*+1$' +/' $%)' )8)-3).*;' /".(.*"(7' (11"1$(.*)' +//)-)2' :;' JTW=' !6*%' ".$)-)1$
16:1"2")1'1%+672':)',-+9"2)2'".'(22"$"+.'$+&'(.2'.+$'(1'('16:1$"$6$)'/+-&'+$%)(11"1$(.*)'/-+8':"7($)-(7'2+.+-1'EJTWBRX&'NOOPD'UF=
3_Chimni(final).PMD
64
6/23/03, 3:24 PM
!"#$%&'("')$%*+#%,-+.*"+/'+.
!"
!"#$% &'("')*+*"',-% ,*)% .#"/% 0"#-)% 1,'2% ."#% 3"4+5("'.-*(+% ("&'+#*$4
!"#$%&'()$*+,-$."&/()$./0.1+,12+((3$.4+(#$/5$1"#$6&.178&,9(241$:/,)$!&$;##1$1"#
,##)$&9$<=687#(2>20(#$4&/,1'2#.?$=1$."&/()$5'&@2)#$+,,/+($>'+,1.$/5$1&$ABC$;2((2&,
2,$#+4"$4&/,1'3$D21"$+''#+'.$9&'$92,+,42,>$&9$1#4",24+($+..2.1+,4#$+,)$4+5+42137
0/2()2,>$+412@212#.$E=F:7%*G$HCCBI$BJ7BKL?$=1$."&/()$+(.&$0'&+)#,$1"#$.4&5#
&9$=,1#',+12&,+($M#@#(&5;#,1$N..2.1+,4#$E=MNL$>'+,1."+,)$.##-$)&,&'$+/1"&'27
O+12&,$9&'$=MN$>'+,1.$&9$/5$1&$ABC$;2((2&,$5#'$4&/,1'3$5#'$3#+'?$!"#$+)@+,1+>#.
&9$+,$=MN70+.#)$+55'&+4"$2,4(/)#$(#..$2;;#)2+1#$)#;+,).$&,$.1'+2,#)$+2)$0/)7
>#1.G$9(#P202(213$1&$'#.5&,)$+)#Q/+1#(3$+,)$'+52)(3$D"2(#$'#)/42,>$+);2,2.1'+12@#
0/')#,.$+,)$+@&2)2,>$+((&4+12,>G$+,)$5#'"+5.$132,>$/5$'#.&/'4#.$2,$+$.2,>(#7
5/'5&.#$1'/.1$9/,)$E=F:7%*G$HCCBI$BJ7BKL?
6*7$% 8#$,+$#% /,#2$+% ,(($44
!"#$RS$."&/()$#(2;2,+1#$)&;#.124$./55&'1$9&'$+>'24/(1/'#$5'&)/41.?$N$)#4(2,#$&9
JC$5#'$4#,1$2,$R/'&5#T.$+>'24/(1/'+($./0.2)2#.$03$HCCK$D&/()$5'&)/4#$+,,/+(
>+2,.$ &9$ ABK$ 02((2&,$ 9&'$ )#@#(&52,>$ 4&/,1'2#.$ +,)$ AKK$ 02((2&,$ 9&'$ R/'&5#T.
4&,./;#'.$EN;&+-+G$HCCBL?
!"#$% .&')4% +"% 9:;<=
!"#$ 4&,1'20/12&,.$ 1&$ 1"#$ SU<8V$ 0/)>#1$ ."&/()$ 0#$ +/>;#,1#)$ 1&$ ;##1$ 1"#
5'&1#412&,$+,)$D#(9+'#$,##).$&9$'#9/>##.?$WR8M$4&/,1'2#.$."&/()G$0+.#)$&,
+..#..;#,1$&9$4/''#,1$3#+'$."&'19+((.G$+))$+$;2,2;/;$&9$SXAHCC$;2((2&,$1&$1"#
4&,1'20/12&,.$+('#+)3$+,,&/,4#)?
0"#2% +>#"&8>% 4+,+$% 4+#&(+&#$4
:2,+((3G$2,$&')#'$1&$5'&;&1#$./.1+2,+0(#$)#@#(&5;#,1$2,$5&.174&,9(241$.&42#12#.
"/;+,21+'2+,$+2)$."&/()$0#$)2'#41#)$5'2;+'2(3$1"'&/>"$.1+1#$.1'/41/'#.G$+(0#21
4#'1+2,$4"#4-.$;+3$0#$5/1$2,$5(+4#$1&$#,./'#$1"#2'$+55'&5'2+1#$/.#?$%"#,$+2)$2.
)#(2@#'#)$&/1.2)#$.1+1#$.1'/41/'#.G$(&4+($5+'12425+12&,$."&/()$0#$#,./'#)?
#$%$#$&'$(
N4"+'3+G$N?G$+,)$M?*?$M#D211
)**+
,%-./012 3456782 .905-8:;<2 -82 =>'>2 ?0@90A0B2 C$6>D<2 0',-+,'"1"+2
3+.'&+*."-+*(% 0')42''% 5*6<2 [email protected] &-F9GHH2 I431-.975.<2 J972 ?0:47K
)))L)M+>
NOG0P0<2Q>R>
STT)
E-11788-4O2U7/@457<2)+2V7/7O3752STT)<29@@WKXXAAA>0H5-/0WG1-/B>G5:>
N8808<2Q>
)**Y
78'% 9*4:':% -)% 9-+)(",.% *+#% .8'% ;&-/-."-+% -)% <4&*=('% ;'*,'% *+#
>4:.*"+*=('%<'1'(-?/'+.%"+%!)&",*<2Z8-@762&0@-G8.<2&7A2RG5P>
N.10O<2N>
STT)
,[1G3012673@2571-7H27HHG5@2H0-1-8:;<29@@WKXXAAA>G87AG516>G5:X-W.SX0W5-1**X
TM\TY\TT]>9@O1>
3_Chimni(final).PMD
65
6/23/03, 3:24 PM