ࡱ> `bjbjss*$2X2X2X2XXXXXzzzzLƲXn@rrrrQXh4XKMQKK2X2Xrr(K2X8rXrK]jXXEr }Ez[e4>0n-J1J0EJXE I/ӾWIIIIIInKKKKXXXYzXXXzXXX2X2X2X2X2X2X   !!!  !!+ 1 D52@0;O 2007 3>40. !>45@60=85:  HYPERLINK \l "TTIT1_1" 8E08; $@04:>2 8 5@H;8AL 2 >F5=:5 =5>1E>48AB8 >3@0=8G5=8O 4>ABC?0 8=>AB@0==>3> :0?8B0;0 2 AB@0B538G5A:85 >B@0A;8 57028A8 <=5=8N 5@ =5 ?>2KH05B MDD5:B82=>ABL <5E0=872 C?@02;5=8O >< 8B>3040 @>AB  A>AB028; 6,7%, GB> =0 0,2% =865 ?@>3=>70 8=M:>=><@0728B8O @52>AB59, 01.02.2007, A. 1  HYPERLINK \l "TTIT1_4" 5@B82 >3@0=8G5=89 4>ABC?0 8=>AB@0==KE 8=25AB8F89 2 8=D@0AB@C:BC@C 075B0, 01.02.2007, A. 9,11  HYPERLINK \l "TTIT1_5" > A;>20< 5@AA:>@C2>@K > ?@>4065 >AA88 F5;>3> 0280702>40 2;>38O<8 8 ;8F5=78OAB  2 2006 3>4C >:070;AO =865 ?@>3=>7=KE ?>:070B5;59 8=M:>=><20=85 2=5H=59 B@C4>2>9 ;>68B5;L=K5 @57C;LB0BK >AA89A:0O 3075B0, 01.02.2007, A. 3  HYPERLINK \l "TTIT1_8" >=>25@:C >AA89A:>3> D>=40 D545@0;L=>3> 8< <=5=8N 5@3@0=8G8B5;L=KE B=>H5=88 8=>AB@0==KE 8=25AB>@>2 2 AB@0B538G5A:8E >B@0A;OE ?@>B82>@5G8B ?>;8B8:5 ?> ?@82;5G5=8N 8=25AB8F89 >AA89A:0O 3075B0, 01.02.2007, A. 1,3  HYPERLINK \l "TTIT1_10" > <=5=8N 5@=0 >1 >3@0=8G5=88 4>ABC?0 8=>AB@0=F52 2 AB@0B538G5A:85 >B@0A;8 ?>740=8N 1;03>?@8OB=>3> 8=25AB8F8>==>3> :;8<0B0 @52>AB59, 01.02.2007, A. 1  HYPERLINK \l "TTIT1_11" 8:B>@ %@8AB5=:> =0<5@5= 45=>?>;878@>20BL 2=CB@5==89 @K=>: 3070, GB> 2 A2>5 2@5AL 5@=>F5=:0 AB@>5=89 8 A>>@C65=89 ?> =>2>9 48:5 <0:A8 ?@81;878B 8E F5=C : @K=>G=>9 57028A8=>, GB> ?@8:07 8=74@02A>F@0728B8O >1 879 =04?8A8 > 2@545 0;:>3>;O =5 @0A?@>AB@0=O5BAO =0 0;:>3>;L=CN ?@>4C:F8N, 2K?CI5==CN 4> 1 D52@0;O >< ?@8@>4=KE @5AC@A>2 ?>43>B>28;> ?>?@02:8 2 459AB2CNI89 70:>= " =54@0E" @52>AB59, 01.02.2007, A. 2  HYPERLINK \l "TTIT1_15" 8=M:>=>OA=8;>, GB> =>2K5 B@51>20=8O : B5:ABC ?@54C?@548B5;L=>9 =04?8A8 > 2@545 0;:>3>;O @0A?@>AB@0=ONBAO B>;L:> =0 0;:>3>;L=CN ?@>4C:F8N, 2K?CI5==CN A 1 D52@0;O >2K5 8725AB8O, 01.02.2007, A. 3  HYPERLINK \l "TTIT1_16" 8=M:>=> =53>, GB>1K @30=870F8O M:>=>3> A>B@C4=8G5AB20 8 @0728B8O ?>2KA8;0 @59B8=3 >AA88 >AA89A:0O 3075B0, 01.02.2007, A. 4  HYPERLINK \l "TTIT1_17" 0:>=>?@>5:B >1 >3@0=8G5=88 4>ABC?0 8=>AB@0==KE 8=25AB>@>2 : AB@0B538G5A:8B@0A;OAA89A:>9 M:>=>3;0A>2K20;AO A 8=M:>=>>1I0NB 2 8=M:>=>G5@54=>5 A>1@0=85 0:F8>=5@>2  "!2O7L8=25AB" =07=0G5=> =0 5 0?@5;O  daily, 01.02.2007, A. 12  HYPERLINK \l "TTIT1_19"  >AA8O 0:B82878@>20;0 ?5@53>2>@K > ?@8A>548=5=88 : @30=870F88 M:>=>3> A>B@C4=8G5AB20 8 @0728B8O 54>AB8, 01.02.2007, A. 3  HYPERLINK \l "TTIT1_20" 5@?@>A8; A=>20 A>3;0A>20BL 70:>=>?@>5:B > 4>ABC?5 =5@57845=B>2 : AB@0B538G5A:8< ?@54?@8OB8O=>AB8, 01.02.2007, A. 3  HYPERLINK \l "TTIT1_21" > ?@>3=>7C 8=M:>=>AB  2 2007 3>4C A>AB028B 6,2% 87=5A, 01.02.2007, A. 3  HYPERLINK \l "TTIT1_22" > <=5=8N 5@AA88  >?KB0 2 AD5@5 C?@02;5=G5A:8E B5E=>;>389 87=5A, 01.02.2007, A. 1  HYPERLINK \l "TTIT1_23" 8=M:>=>4>1@8;> ?>4?8A0=85 A>3;0H5=8O 9 5A?C1;8:>9 > A>B@C4=8G5AB25 >AA89A:0O 3075B0, 01.02.2007, A. 2  HYPERLINK \l "TTIT1_24" &5=B@0 @0728B8O 2K?>;=8; ?> 70:07C - " 8AA;54>20=85 @>AA89A:>9 307>2>9 >B@0A;8 87=5A, 01.02.2007, A. 1  HYPERLINK \l "TTIT1_25" > A;>20< 5@3@0=8G5=89 =0 4>ABC? 8=>AB@0=F52 2 AB@0B538G5A:85 >B@0A;8 ?@>B82>@5G8B 7040G5 ?@82;5G5=8O 8=25AB>@>2 >;LA:0O ?@0240, 01.02.2007, A. 4  HYPERLINK \l "TTIT1_26" > 40==K=> 2007 3>40 2 5;>@CAA88 459AB2>20;> 59 >3@0=8G5=89 2 >B=>H5=88 @>AA89A:8E B>20@>2 >AA89A:0O 3075B0, 01.02.2007, A. 1-2  HYPERLINK \l "TTIT1_27" K2H89 3;020 45?0@B0=>3@0<1>@>=K 8 157>?0A=>AB8 8=M:>=> 7040G0E >5==>-?@>9 :> >1>@>=K =0?@028;> 2 8=M:>=>65=8O ?> ?@>4;5=8N ?@57845=BA:>9 ?@>3@0<8B5;LAB20 68;LO 4;O 2>5==>A;C60I8E @0A=0O 725740, 01.02.2007, A. 1  HYPERLINK \l "TTIT1_29" 5@?@>A8; 8E08;0 $@04:>20 40BL @01>B:C 70:>=>?@>5:B0 ?> CG0AB8N 8=>AB@0==KE 8=25AB>@>2 2 AB@0B538G5A:8 206=KE >B@0A;OE M:>=> <=5=8N 5@4>1@5==K9 ?@028B5;LAB2>@O4>: CG0AB8O 8=>AB@0==KE 8=25AB>@>2 2 AB@0B538G5A:8E >B@0A;OE @>AA89A:>9 M:>=>@20=8N 1;03>?@8OB=>3> 8=25AB8F8>==>3> :;8N7 >;>4568 ?@>25; 0:F8N ?@>B5AB0 ?@>B82 ?>;8B8:8 5@ <=5=8N 5@=>?@>5:B > 4>?CA:5 =5@57845=B>2 2 AB@0B538G5A:85 >B@0A;8 @>AA89A:>9 M:>=>B82>@5G8B <5@0<, ?@54?@8=8<05<K C;CGH5=8N 8=25AB8F8>==>3> :;8 <=5=8N 5@AA88 =5B 4>;6=>9 A8AB5=>B>28B 70:>=>?@>5:B, :>B>@K9 ?>72>;8B 70I8B8BL :@0B82 G0AK @01>BK :@C?=KE B>@3>2KE A5B59 KLERK.RU, 31.01.2007.  ,     /+   8E08; $@04:>2 8 5@A?>@8;8 > @>;8 8=>AB@0=F52 2 M:>=>?CH8BL 8 =5 1KBL ;C75@>2> :@54> ?@5<L5@-2 57028A82 8 5@H;8AL 2 >F5=:5 =5>1E>48AB8 >3@0=8G5=8O 4>ABC?0 8=>AB@0==>3> :0?8B0;0 2 AB@0B538G5A:85 >B@0A;8 ""C?8BL" 8 ";>?CH8BL" - O 4C =5 =0H 45287 A53>4=O, 8 ;C75@>2 87 =0A 45;0BL =5 =04>", - 70O28; 2G5@0 ?@52 =0 70A540=88 ?@028B5;LAB20 2 >B25B =0 70<5G0=85 3;02K - "0 5@ B> 22>483@0=8G5=8O 2>A?@5?OBAB2CNB ?@8B>:C 8=25AB8F89. @8=F8?80;L=K5 @07;8G8O 78F859 ?@5<L5@0 8 5@;5;L7>20=851@07=KE 2K@065=89, 1>;LH5 A2>9AB25==KE 1;>35@A:><C A;5=3C, G52=8:0 2 E>45 >1AC645=8O 42CE 70:>=>?@>5:B>2, >3@0=8G820NI8E CG0AB85 8=>AB@0==KE 8=25AB>@>2 2 AB@0B538G5A:8E >B@0A;OE @>AA89A:>9 M:>=>B:5 AB@0B538G5A:8E CG0AB:>2 =54@. "@8=OB85 >3@0=8G8B5;L=KE B82>@5G8B =0H59 3;02=>9 7040G5 - ?@82;5G5=8N 8=>AB@0==KE 8=25AB8F89 2 M:>=><8:C, B5;55 =5;L7O A:0BK20BLAO 4> >3@0=8G5=8O 4>ABC?0 : 8=D@0AB@C:BC@=KB@0A;OB?0A=> @0AAC640BL, GB> =0 A0<8< 2A5;;538, C =0A =5B B0:>3> >?KB0". ?@>G5<, ?5@2K =0 @5B@5038@>20; ?5@2K9 28F5-?@5<L5@ B>@K9 2K@078; =5A>3;0A85 A B5 70:>=K G5 >?0A=K. > 53> =8 =5>1E>48<K A0<8AB@0=F0A=>2=>9 B82 8E ?>65;0=89 - >?@545;5=85, :C40 6=> E>48BL 2 >AA88, 0 :C40 =5;L7O, B> 5ABL 40BL 01A>;NB=> ?>=OB=K9 A83=0;, :0:85 >B@0A;8 @>AA89A:>9 M:>=>;=>ABLN >B:@KBK 4;O 8=>AB@0=F52, 0 :0:85 - B@51CNB 2=83> @0AAB@5=8O A> AB>@>=K 3>AC40@AB20". -B> 445@60; 8 3;020 8=?@> 8:B>@ %@8AB5=:>, 2K@0782H89 C15645=85, GB> =>2>22545=8O =5 ?@>B82>@5G0B 8=B5@5A0@>2, 0, =0>1>@>B, >?8AK20NB =5?>=OB=K5 4> MB>3> 8=25AB>@0 53> A;>20 B>1K 70:@5?8BL C65 A;>682HCNAO ?@0:B8:C. "5 A5:@5B, GB> 8 4> ?>A;54=53> 2@5E>48;8 ?@5420@8B5;L=>5 >4>1@5=85 =0 2KAH52=5", - >B<5B8; =>?@>5:B0E >?@545;5=K 452OBL AB@0B538G5A:8E >1;0AB59 =0F8>=0;L=>9 M:>=>B>@KE ?@54?>;0305BAO @53C;8@>20BL ?@8ACBAB285 70@C156=KE >@30=870F89. -B> @07@01>B:0 2>5==>9 8 A?5F80;L=>9 0280B5E=8:8, E@0=5=85 O45@=KE 2, ?@>5:B8@>2:0 O45@=KE CAB0=>2>:, @07@01>B:0 CG0AB:>2 =54@ D545@0;L=>3> 7=0G5=8O, 45OB5;L=>ABL 5AB5AB25==KE =>?>;89, @07@01>B:0 8 A>740=85 A?5F80;L=KE 2 8 A?;02>2, A2O70==KE A ?@>872>4AB2>>@C65=89, 0 B0:65 45OB5;L=>ABL, A2O70==0O A 8A?>;L7>20=8571C48B5;59 8=D5:F8>==KE 701>;520=89.  >1I59 A;>6=>AB8 8=?@> ?@54;0305B >3@0=8G8BL CG0AB85 70@C156=KE 8=25AB>@>2 2 40 2840E 45OB5;L=>AB8. =>AB@0=FK >1O70=K 1C4CB ?>;CG0BL @07@5H5=85 3>A>@30=>2 =0 ;N1K5 >?5@0F88 A ?0:5B0B@0A;59, 5A;8 ?0:5BK ?@52KH0NB 50%.  A;CG05, 5A;8 2B>@0O AB>@>=0 A45;:8 >:065BAO B>65 8=>AB@0==>9 :> >4>1@5=85 ?>B@51C5BAO C65 =0 >?5@0F88 A ?0:5B>B 25% 0:F89. @>3>, G0AB=K5 8=>AB@0==K5 8=25AB>@K =8 ?>4 :0:8< =5 A3CB CG0AB2>20BL 2 0C:F8>=0E ?> AB@0B538G5A:8< @>645=8O< 8;8 :0:8 8=KA>1>1@5B0BL 1>;55 50% 0:F89 2 :><?0=88, 8B:C B0:>3> @>645=8O. > 40==K4>:;04G8:0 - 3;02K 8=?@8@>4K .@8O "@CB=520, 2 @55AB@ B0:8E @>645=89 2>94CB 10 =5DBO=KE @>645=89 (A 70?0A0;55 70 <;=. B), 26 @>645=89 3070 (A 70?0A0;55 50 2 :064K9), @>645=85 "!CE>9 >3" 2 @:CBA:>9 >1;0AB8, 5 @>645=89 <548 (A2KH5 500 BKA. B), :@C?=59H8B>@KE O2;O5BAO #4>:0=A:>5, 0 B0:65 2A5 @>645=8O =0 @>AA89A:>=B8=5=B0;L=>1 8=>AB@0==KE 3>AC40@AB20E 8;8 4=KE >@30=870F8OE, B> 4;O =8E 4>?CAB8 ;8HL ?@8>1@5B5=85 25-?@>F5=B=>3> ?0:5B0 0:F89. ?@>G53;0H5=8O ?>4 =>2K9 70:>=>?@>5:B =5 ?>4?040NB 8 70 8E AC4L1C G8=>2=8:8 ?@028B5;LAB20 A>25BCNB =5 15A?>:>8BLAO. 68405BAO, GB> G5@57 A;5 4>@01>B:8, 70:>=>?@>5:BK 1C4CB ?@54AB02;5=K 2 >A4C45@60=8N >> !&!#+  ."  '", !" + !"& 5B@ 5B@510 >< <=5=8N 5@ =5 ?>2KH05B MDD5:B82=>ABL <5E0=872 C?@02;5=8O 0:>=>?@>5:B > 22545=88 >3@0=8G5=89 =0 8=>AB@0==K5 8=25AB8F88 2 AB@0B538G5A:85 >B@0A;8 =5 ?>;CG8; >4>1@5=8O =0 70A540=88 ?@028B5;LAB20 - 2G5@0 ?@5<L5@-2 >B?@028; 70:>= =0 @01>B:C.  5;><5 :@8B8:05:B0 AB0;8 ?5@2K9 28F5-?@5<L5@ B>@K9 AG8B05B A;8H:>6=>9 ?@>F54C@C A>3;0A>20=8O A45;>: 8=>AB@0=F52 A B0:8< 0:B820@ >4>1@82H0O ?@>5:B - =0 MB>B @07 2 ;8F5 :> 3>AB09=5. 0:>=>?@>5:B " ?>@O4:5 >ACI5AB2;5=8O 2 $ 8=>AB@0==KE 8=25AB8F89 2 :><@30=870F88, 85 7=0G5=85 4;O =0F8>=0;L=>9 157>?0A=>AB8 $" (> A>45@60=88 70:>=>?@>5:B0 * =0?8A0; 7 45:01@O) 2 @57C;LB0B5 2G5@0H=53> >1AC645=8O =0 70A540=88 ?@028B5;LAB20 2 B@048F8>==KE 42CE =545;L >B?@02;5= =0 4>@01>B:C =0 F5;K9  >:070;>AL =5>6840==K 4;O 02B>@0 MB>3> 4>:C<5=B0, AB8 8 M=5@35B8:8 8:B>@0 %@8AB5=:>. I5 3 =>O1@O 2006 3>40 ?>A;5 ?>;CB>@03>4>2KE 48A:CAA89 >=, =0:>=5F, A>3;0A>20; 70:>=>?@>5:B A $!. 0?><=8 ?@028B5;LAB2> ?KB05BAO =0?8A0BL MB>B 4>:C40 8 70 MB> 2@518;0AL C25;8G5=8O A?8A:0 284>2 45OB5;L=>AB8, ?> :>B>@><C ?@54?@8OB85 65B 1KBL ?@87=0=> "AB@0B538G5A:8 40. 0: ?>4AG8B0; 2G5@0 2 E>45 70A540=8O ?@028B5;LAB20 4=KE @5AC@A>2 .@89 "@CB=52, =>@=>?@>5:B0 "22>4OB >3@0=8G5=8O =0 8=25AB8F88 2 39 >B@0A;59 M:>=><8:8" (A=>?@>5:B 1C45B 4>@010BK20BLAO ?@5645 2A53> 87-70 2>7@065=89 ?5@2>3> 28F5-?@5<L5@0  =5 CAB@>8;0 ?@54;0305F54C@0 @0A?@545;5=8O >1O70==>AB59 ?@8=OB8O @5H5=89 8 ?> >B:07C 2 ?@8=OB88 @5H5=89" ?> 8=>AB@0==K< 8=25AB8F8O< 2 "AB@0B538G5A:85" ?@54?@8OB8O. B@51>20; G5B:> @073@0=8G8BL ?>;=>G8O 2=O ?@57845=B0, 8=0G5 "70:>= "?>?;K25B", 8 4065 @5H5=8O ?@028B5;LAB20 1C4CB =>A8BL CA;>2=K9 E0@0:B5@".  4>:C2;5=> G5BK@5 C@>2=O ?@8=OB8O @5H5=89 ?> A45;:0<, A2O70==K< A CG0AB85AB@0=F52 2 AB@0B538G5A:8E ?@54?@8OB8OE: MB> D545@0;L=K9 C?>;=>G5==K9 >@30=, :C40 8=>AB@0==K5 8=25AB>@K 1C4CB ?>4020BL 70O2:8 =0 CG0AB85 2 B0:8E ?@54?@8OB8OE, ?@028B5;LAB25==0O :> 8=>AB@0==K< 8=25AB8F8O 8 ?@57845=B. @8 MB>;0305BAO, GB> ?@028B5;LAB25==0O :><8AA8O A65B ?@8=8;L:> ?>;>68B5;L=K5 @5H5=8O ?> A45;:01 >B:075 A65B ?@8=8, :>B>@>5 2 8A:;NG8B5;L=KE A;CG0OE 65B >1@0I0BLAO : ?@57845=BC 4;O ?@8=OB8O >:>=G0B5;L=>3> @5H5=8O. $>@<0;L=K2>4>B?@02:8 4>:C@01>B:C >:070;8AL =5CGB5==K5 H5ABL 70B 9 :> 70I8B5 3>AC40@AB25==>9 B09=K. >740=0 C:07>< ?@57845=B0 ;048:BO1@5 2004 3>40: 2 =55 2>H;8 14 702KE 254><AB2 8 =>3> 1;>:0, 0 B0:65 =0G0;L=8: 5=HB010 .@89 0;C52A:89 8 @C:>2>48B5;L A;C61K M:>=>9 157>?0A=>AB8 $! ;5:A0=4@ >@B=8:>2. !CBL ?@5B5=789 :> 3>AB09=5 2KOA=8BL =5 C40;>AL - 55 70:070;8AL 70A5:@5G5==K45 A03> 70A540=8O 8E08; $@04:>2 A>>1I8;, GB> "4;O =5A?5F80;8AB>2 40==K5 70<5G0=8O 2K3;O4OB B5E=8G5A:84=0:> 4;O A?5F80;8AB>2 >=8 =5ACB 1>;LHCN =03@C7:C 8 C3>;>2=CN >B25BAB25==>ABL A 1>;LH8:0G5<, ?@5 ?@>1;5@0 %@8AB5=:> A2O70=K A 254>;0O 0B@CH520, - 8E08; $@04:>2 ?>B@51>20; >B 8:B>@0 %@8AB5=:> ?>;CG8BL 1>;55 "A256CN 287C $!". %>BO A?8A>: 284>2 45OB5;L=>AB8 8 >B@0A;59 ?@>AB8 70 3>4 C25;8G8;AO A 19 4> 40 ?C=:B>2, A8;>28:8 =5 A:@K20NB A2>53> 65;0=8O ?@>4>;60BL 53> @0AH8@OBL. "0:, 28F5-?@5<L5@ 8 1>@>=K !5@359 20=>2 ?@54;>68; 4>?>;=8BL "AB@0B538G5A:85" 284K 45OB5;L=>AB8 8=D@0AB@C:BC@=K1J5:B0 ?>@B0?>@B0<=83> @>40 B@51>20=8O 2K42830;8AL A8;>28:0 1K;8 >B25@3=CBK - ">. !>3;0A>20=85 =>2>3> A?8A:0, B0:81@07><, 65B 70=OBL A:>;L:> C3>4=> 2@52 2G5@0 4065 A?5F80;L=> ?@54C?@548; CG0AB=8:>2 70A540=8O, GB> "BCB =5 =04> =0G8=0BL =8G53> =>2>3>, ?> 3878F8O =0945= :>=A5=ACA". @>B82>AB>OBL A8;>28:0?KB0;AO B>;L:> 3;020 8=M:>=><@0728B8O 5@ "=5;L7O A:0BK20BLAO 4> >3@0=8G5=8O 8=25AB8F89 2 8=D@0AB@C:BC@=K5 >1J5:BK". > 53>  "3>2>@8B > 4><8=0=B5 A8AB5?0A=>AB8, 701K20O > =5>1E>48AB8 ?>2KH0BL <5E0=87 2 >B25B =0 A2>N 28B8520BCN B8@04C ;CG8; >B?>254L >B 8E08;0 $@04:>20 1C:20;L=> A;54CNI53> A>45@60=8O: ""0: BC?8BL 8 ;>?CH8BL - MB> =5 =0H 45287 A53>4=O, 8 ;C75@>2 87 =0A 45;0BL =5 =04>". * =5 C25@5= 2 A2>5G=>=82 ?@5<L5@- 2A5= =0AB0820; =0 =54>?CAB8AB8 7045@65: 8 >H81>: 2 A>3;0A>20=88 @5H5=89 8 ?@54>AB5@530; 5@B ?>?KB>: ?@54AB02;OBL ?@028B5;LAB2> 8 ?@5<L5@0 AB@C:BC@0AB>O==> B5@?OI8@065=8O. 4=0:> A8;>28:8 >AB0;8AL 4>2>;L=K 2KABC?;5=85< ?@52 O2=> 3>2>@8; A =84=>45@60=8N >>    !    2B>@ =5 C:070= @52>AB59, 01.02.2007, A. 1 > 8B>3040 @>AB  A>AB028; 6,7%, GB> =0 0,2% =865 ?@>3=>70 8=M:>=>2>9 2=CB@5==89 ?@>4C:B () >AA88 2K@>A 2 2006 3>4C =0 6,7%, GB> =0 0,2% =865 ?@>3=>70 8=M:>=>3;0A=> 40==KAB@0=5==KAAB0B>1J5AB028; 26 B@;= 621,3 B ?>:070B5;L B0:65 =865 ?@028B5;LAB25==KE ?@>3=>7>2. 0=55 8=D8= A>>1I0;, GB> ?> 8B>30H;>3> 3>40  ?@52KA8B 27 B@;= @C1. (GCBL 1>;LH5 1 B@;= 4>;;.). @>872>4AB2> 2K@>A;> 2 <8=C2H54C =0 3,9%, 8=25AB8F88 2 >A=>2=>9 :0?8B0; - =0 13,5%, 45=56=K5 4>E>4K =0A5;5=8O - =0 10%. =D;OF8O A>AB028;0 9%.   HYPERLINK \l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l "CRUB0"  A>45@60=8N >>  "+ !"+ !"#" !!!? 235=89 !B@5;LF>2 725AB8O, 01.02.2007, A. 1 > A;>20< 5@AA:>@C2>@K > ?@>4065 >AA88 F5;>3> 0280702>40 2;>38O<8 8 ;8F5=78O42865=88 A2>8E ?0AA068@A:8E A0;5B>2 =0 2>9 @K=>:, =0H0 AB@0=0 =025@AB05B C?CI5==>5 70 AG5B 8=>AB@0=F52. >4>1=> 02B>18;L=K<0@:0<, A0;5BK 2A5 8725AB=KE D8@18@0BLAO 2 >AA88. ;8 2> $@0=F88 - => A @>AA89A:8< CG0AB85 :@09=59 2K ?;0=K =0H8E 187=5A2. ;N<8=852K9 18@0BL 2 !04, 8 ;8F5=78N, 8  $@0=F88 3>2>@OB > B> >AA8O C25;8G8B A2>N 4>;N 2 52@>?59A:>9 EADS, 2K?CA:0NI59 A0;5BK =5G=>, =5 @04K, 8 7>9" ?@8E>4 @>AA8O= 2 0280F8>==CN >B@0A;L =5 =07K20NB. !0;5BK - :0: 02B>18;8. @>45 1K 65< A045 1K 5ABL =>2K5 45;8. 0 2>B 1540 - 4>@>385 >=8 C =0A ?>;CG0NBAO, =5 >G5=L :>@B=K5 8... =53> >BAB0;K5. 48=AB25==K9 :>=:C@5=B>A?>A>1=K9 @>AA89A:89 A0;5B SuperJet 5I5 B>;L:> A>7405BAO, => 2 =5A=>2=>< 8@B=K5 45B0;8 ("725AB8O" ?8A0;8 >1 MB> 8725AB=> > B> ;53 5@8?0A:0 A>18@05BAO >B:@KBL A1>@:C :0=04A:8E A0;5B>2 Bombardier =0 A0@". "09=C @0A:@K; 3;020 8=M:>=><@0728B8O 5@ 53> A;>20@CA5 25;8AL ?5@53>2>@K > ?@>4065 >AA88 F5;>3> 0280702>40 2;>38O<8 8 ;8F5=78O404CB 53-<5AB=CN 45;L A0;5B0, - ?>E20;8;AO @5D, - >=8 2A5 3>B>2K ?@>40BL, 8 <K 65872>4AB2> 2 >AA88". -:A?5@BK 3>2>@OB, GB> 5@8?0A:0 @0AAG8BK205B >B:@KBL ?@>872>4AB2> BC@1>28=B>2KE A0;5B>2 Q300, ?@54=07=0G5==KE 4;O ?5@52>7:8 ?0AA068@>2 =0 =51>;LH85 8 A@54=85 @0AAB>O=8O. -B8 <0H8=K 3;8 1K G0AB8G=> 70<5=8BL ;5B0NI85 A59G0A A0;5BK A>25BA:>3> ?@>872>4AB20 ("C-134, /:-40), 2>7@0AB :>B>@KE 70G0ABCN ?@52KH05B 30 ;5B. ;O :0=04F52 A0;5BK Q300 - MB> C65 ?>GB8 CAB0@52H0O 45;L. > =0B A0;5B ?>:065BAO 2?>;=5 A>2@5<5==K<. 5AB@O 4065 =0 28=BK, :>B>@K5 :0=04FK C;8@>20BL, GB> C@>25=L HC=5 A>>B25BAB2C5B =>@<02@5:".  B> A;>202, A?@>A =0 Q300 =0945BAO 8 2 2@>?5. > A1>@:0 =51>;LH8E :0=04A:8E A0;5B>2 2 !0 ?> A@02=5=8N A 4@C387=K<8 ?;0=0AA89A:8E 187=5A2. >AA8O =01@5AB8 :@C?=K9 ?0:5B 0:F89 2 52@>?59A:>9 0280AB@>8B5;L=>9 :>@?>@0F88 EADS, 2K?CA:0NI59 A0;5BK Airbus. > :@09=59 1 MB><=8 2 ?@>H;>4C @>AA89A:89 =5HB>@310=: (=K=5 ?5@5820==K9 2 ") :C?8; 5% 0:F89 EADS.  15A545 A "725AB8O2>48B5;8 MB>3> 10=:0 ?@87=020;8AL, GB> A45;:0 1K;0 4;O =8E 2 ?5@2CN >G5@54L 2K3>4=K65=85G5=L =54>@>3>, "=0 ?045=88". > 157 1>;LH>9 ?>;8B8:8 BCB =5 >1>H;>AL. > =0H8< 40==K2>@K >1 C25;8G5=88 4>;8 >AA88 2 EADS 2A5 65 25;8AL, 8 >4=8< 87 0@3C2 =0 =8E 1K; :@C?=K9 70:07 "M@>D;>B><" A0;5B>2 Airbus. > 52@>?59FK 1>OBAO "@CAA:8E". >;LH8A>4=O ?>;L7CNBAO 3075BK, 345 2 703>;>2:0E D83C@8@CNB A;>20 "@CAA:85 84CB". >?KB:8 @>AA89A:8E :>CG0AB2>20BL 2 187=5A5 52@>?59A:8E :>@8:C 2 ;CGH8E B@048F8OE "E>;>4=>9 2>9=K". "0: ?@>87>H;> 8 A59G0A, :>340 D@0=FC7A:85 3075BK 682>?8A0;8, :0: >AA8O "?5@5;>@4>ABL 2A5E 52@>?59F52 Airbus. "A;8 =0A =5 3>B>2K 2 1>;LH51J5<5 2845BL 2=CB@8 Airbus, 7=0G8B, <K =5 1C45I=8: ?@57845=B0 $ !5@359 /AB@65<1A:89. - K =094565=8O =0H8E :0?8B0;>2..." "">, 2 :0:8E D>@2:0E 70?04=0O ?@5AA0 >?8AK20;0 459AB28O @>AA89A:>3> 10=:0 =0 D8=0=A>2KE @K=:0E, AB>8B >B45;L=>3> @073>2>@0 8 >B45;L=>9 48AA5@B0F88. ICI5=85 B0:>5, GB> 45=L-4@C3>9, 8 AB@>9=0O M:>=>:065BAO ?>;=>ABLN 2 @C:0E C @CAA:8E A 8E 15H5=K<8 45=L30 1K AB@0==> >6840BL, GB> 5A;8 >AA8N ?@83;0H0NB 2 ", ?@87K20NB >AA8N 459AB2>20BL =0 @K=>G=KE ?@028;0E 83@K, B> MB> 45OB5;L=>ABL B>;L:> 2 >4=>< =0?@02;5=88", - @57N20; ?>I=8: ?@57845=B0.   HYPERLINK \l "CRUB0"  A>45@60=8N >> !!""  '!/  #   #" >AB  >:070;AO GCBL =865 0:A820 ><AB  2 2006 3>4C >:070;AO =865 ?@>3=>7=KE ?>:070B5;59 8=M:>=>3;0A=> >?C1;8:>20==K< 2G5@0 40==KAAB0B0, B5AB0  2 2006 3>4C A>AB028;8 6,7%. -:>=>AB >:070;AO =865 1>;LH8=AB20 ?@>3=>7>2, => 2KH5, G54C. -:>=>4=>7=0G=> =07K20NB 8B>38 3>40 C40G=K3;0A=> >?C1;8:>20==>9 2G5@0 >AAB0B>9 >F5=:5 , 2 2006 3>4C M:>=>AA88 2K@>A;0 =0 6,7%. -B> <5=LH5, G53=>78@>20;> 1>;LH8=AB2> M:>=>2, 8E 2>>4CH528;> >682;5=85 M:>=>9 0:B82=>AB8 >A5=LN. 57C;LB0B >:070;AO <5=LH5, G5AL ?@8 ?>A;54=59 :>@@5:B8@>2:5 ?@>3=>70 - "0 - 6,8-6,9%. 0?><=8 8 =0 MB>3=>75 >A=>2K20;AO ?@57845=B ;048340 2 :>=F5 45:01@O 2006 3>40 3>2>@8; > B> B5AB0  A>>B25BAB2CNB 7040G5 53> C42>5=8O. ?@>G540 >:070;8AL ;CGH5, 8 G54C (B>340 @>AB  A>AB028; 6,4%), 8 ?5@2>=0G0;L=KE ?@>3=>7>2. 0?><=83=>7 @>AB0  >B - "0 =0 2006 3>4 A>AB02;O; 5,8%, 70B5< 6%, 70B5A;5 B>3>, :0: ?> @57C;LB0B0< 45AOB8  ?>=OB=>, GB> 2=CB@5==89 A?@>A (:0: ?>B@518B5;LA:89, B0: 8 8=25AB8F8>==K9) @0AB5B >?5@560NI8<8 B5<?0F5=:0 B52 @>AB0  70 O=20@L->:BO1@L A>AB028;0 6,8%, ?@028B5;LAB25==K5 ?@>3=>78ABK @5H8;8 ?@>45=AB@8@>20BL >?B8<87=>@8G5A:8 >B:07K20NBAO =07K20BL @57C;LB0BK 3>40 =5C40G=K, GB> MB> >G5=L 4>AB>9=K9 @>AB, =0?> B> 8 ?5@2>=0G0;L=K5 ?@>3=>7K, 8 G0ABL ?@>G=KE @57C;LB0B>2 1K;8 =865. @>3>, :0: C:07K205B =B>= !B@CG5=52A:89 87  ""@>9:0 80;>3", "8B>3>20O >F5=:0 C:;04K205BAO 2 AB0B8AB8G5A:CN ?>3@5H=>ABL 8 =5 8A:;NG5=>, GB> GCBL ?>765 >AAB0B 65B 40BL 1>;55 2KA>:CN F8D@C". ;5:A0=4@ >@>7>2 87 HSBC B>65 =5 AG8B05B, GB> @>AB  684053>. =25AB10=:8@K 45=AB@8@CNB >?B8<87A?>48= !B@CG5=52A:89 3>2>@8B, GB> ">G5284=>, GB> B5AB0  2 2006 3>4C CA:>@8;8AL". > 53> A;>20 ?@>87>H;> 70 AG5B @>AB0 8=25AB8F89 2 >B5G5AB25==>9 "- =0 30% ?> A@02=5=8N A 2004-2005 3>40340 45;> .!0 ?@825;> : 70AB>N 2 MB>9 AD5@5.  3>A?>48= >@>7>2 4>102;O5B, GB> "=0 D>=5 =87:8E B52 @>AB0 ?@>AB8 @>AB0  4>1028; A5:B>@ CA;C3, 345 ?@>87>H;> AB@55 CA:>@5=85". 0<5B8 >?C1;8:>20==0O 2G5@0 >F5=:0 >1J5 =5 ?>A;54=OO, >=0 65B ?>425@3=CBLAO ?5@5AB@C, ?@8G5 ?>;8B8G5A:8 B5E=8G5A:8< ?@8G8=01J5F5=:0 2 B5:CI8E @K=>G=KE F5=0E), ?> >F5=:5 >AAB0B0, @025= 26,62 B@;= @C1. (?> >?C1;8:>20==K< @0=55 40==K72>;ONB 2KG8A;8BL B0: =07K205@  - A?5F80;L=K9 8=45:A AB>8AB8 B>20@>2, 2E>4OI8E 2 @0AG5B .  2006 3>4C >= A>AB028; 15,4% - 7=0G8B5;L=> 2KH5 @>AB0 8=45:A0 F5= ?@>872>48B5;59, => =865, G54C (18,8%). =K20<8, ?@8 A;54CNI5< ?5@5AB@5 B52 M:>=>3> @>AB0 C >AAB0B0 >AB05BAO <8=8<C1>4K: 2 >F5=:5 D878G5A:>3> >1J5872>4AB20 8 ?>B@51;5=8O B>20@>2, CA;C3 8 C@>2=5 F5=.   HYPERLINK \l "CRUB0"  A>45@60=8N >>  &+ " 8E08; $@04:>2 4>2>;5= @01>B>9 ?>4G8=5==KE ;5=0 0H:8=0 >AA89A:0O 3075B0, 01.02.2007, A. 3 53C;8@>20=85 2=5H=59 B@C4>2>9 ;>68B5;L=K5 @57C;LB0BK 'CBL 1>;LH5 =04>18;>AL ?@028B5;LAB2C 4;O B>3>, GB>1K ?>;CG8BL, :0: AG8B05B ?@5<L5@-2, ?5@2K5 CA?5E8 2 45;5 @53C;8@>20=8O 2=5H=59 B@C4>2>9 ;65= A:070BL, GB> C65 A59G0A 5ABL ?5@2K5 AB0B8AB8G5A:85 40==K5, cata ubiquam / outlook datamax