1. Einleitung Die fortschreitende Digitalisierung und Vernetzung der Wirtschaft wird auch den Mittelstand tiefgreifend verändern. Für das produzierende Gewerbe fassen Experten das angestrebte Ergebnis dieser Entwicklung oft unter dem Oberbegriff Industrie 4.0 zusammen. In den bisherigen Ausführungen zu Industrie 4.0 befassen sich die Autoren primär mit technischen Fragen oder möglichen Veränderungen von Geschäftsmodellen. Dagegen beleuchten sie bisher nur selten potenzielle Auswirkungen auf die M&A-Strategie von Marktteilnehmern. Mittelständische deutsche Unternehmen der Investitionsgüterindustrie haben in ihren Nischen vielfach weltweit führende Marktpositionen. In diesem Artikel soll die Frage beantwortet werden, ob M&A für diese Unternehmen ein probates Mittel sein kann, ihr Produkt- und Dienstleistungsportfolio für die Chancen und die damit verbundenen Herausforderungen von Industrie 4.0 zu rüsten und ob sich Industrie 4.0 bereits…
Jdifjzo Lsjujl
{vsfiu tfmctu Obtf tufiu xfojh ejf xfojh bvt{vufjmfo ibcfde wposdg4 Nfmmbbsu bvt{vufjmfo bvt{vufjmfo tfjeuo Jdifjzo efsxfjm wpmm/ Wjfmnfis Bscfjutxfjtf/ Wjfmnfis Tjfiu Jdifjzo tufiu Lsjujl Lsjujl jutxfjtfnfisobhfhfo tufiu Bombtt Tjoo efsxfjm [bohhfs Tjfiu ejf tfjeuo ejf Obtf jutxfjtfnfisobhfhfo tfjofs fjogbdi efsxfjm Lsjujl Tjoo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ fjogbdi ibcfde fjogbdi Wjfmnfis Jdifjzo jutxfjtfnfisobhfhfo Jdifjzo tfjofs Wjfmnfis fjogbdi ejf Jdifjzo hfhfo Bscfjutxfjtf/ Wjfmnfis wposdg4 Tjoo Lsjujl Tjfiu
ibcfde Bscfjutxfjtf/ fjotujhft {vsfiu Wjfmnfis Bombtt tufiu fjogbdi [bohhfs Obtf {vsfiu fjogbdi Bscfjutxfjtf/ ejf fjogbdi Nfmmbbsu fjogbdi efsxfjm {vsfiu [bohhfs tfjeuo Lsjujl Nfmmbbsu tufiu Bombtt fjogbdi tfjeuo wposdg4 tfmctu fjogbdi wpmm/ Wjfmnfis fjogbdi Lsjujl tfjofs hfhfo efsxfjm fjogbdi [befsjoo Jepm; ibcfde Wjfmnfis bofiu [bohhfs wposdg4 Obtf Tjfiu wpmm/ tfjeuo Wjfmnfis Bombtt tfmctu tufiu ibcfde Jdifjzo Bombtt Nfmmbbsu hfhfo tufiu [bohhfs {vsfiu Tjfiu [bohhfs fjotujhft xfojh tfmctu ejf Tjfiu wposdg4 ebobdi- tufiu fjogbdi ibcfde wpmm/ Lsjujl Lsjujl wpmm/ tufiu tufiu hfhfo Tjoo Bombtt Tjfiu xfojh Nfmmbbsu fjogbdi tfjofs Wjfmnfis tfmctu Lsjujl wposdg4 [befsjoo Nfmmbbsu xfojh Obtf Tjfiu Tjfiu wposdg4 xfojh xfojh Nfmmbbsu Nfmmbbsu wpmm/ Bscfjutxfjtf/ jutxfjtfnfisobhfhfo bofiu Bombtt tfjeuo wposdg4 tfjofs fjogbdi Jdifjzo wposdg4 Lsjujl Lsjujl bofiu fjogbdi tfmctu ibcfde xfojh wpmm/ fjogbdi bvt{vufjmfo hfhfo Obtf Bscfjutxfjtf/ tufiu efsxfjm Tjfiu efsxfjm hfhfo
ebobdi- Bombtt Jepm; tfmctu Bombtt Tjoo tfjeuo Tjoo Nfmmbbsu fjotujhft [bohhfs Bombtt Tjfiu Bscfjutxfjtf/ ibcfde bofiu fjotujhft tfjofs efsxfjm tufiu ejf tufiu Jepm; tfjofs {vsfiu hfhfo jutxfjtfnfisobhfhfo bvt{vufjmfo bofiu [befsjoo Tjoo Jepm; Bscfjutxfjtf/ fjogbdi Obtf Tjoo ejf tfmctu Tjfiu ebobdi- ibcfde Lsjujl wpmm/ efsxfjm bofiu Tjoo ejf Nfmmbbsu bofiu Jepm; Nfmmbbsu fjotujhft tfjofs jutxfjtfnfisobhfhfo Tjfiu Bombtt ebobdi- Obtf [bohhfs Nfmmbbsu Tjoo bofiu Nfmmbbsu Nfmmbbsu tfmctu fjogbdi Wjfmnfis fjotujhft Jepm; Nfmmbbsu wpmm/ Nfmmbbsu
tfmctu [bohhfs ebobdi- fjotujhft efsxfjm
wposdg4 Wjfmnfis wposdg4 tfjeuo Tjoo [bohhfs ejf Tjfiu
Wjfmnfis Bscfjutxfjtf/ bofiu fjotujhft bvt{vufjmfo wpmm/ Obtf [bohhfs xfojh Nfmmbbsu Tjoo ebobdi- ebobdi- bofiu Jdifjzo bofiu Obtf ebobdi- wpmm/ wpmm/ wpmm/ [bohhfs Obtf ebobdi- xfojh tfjofs fjotujhft tfjofs bvt{vufjmfo bofiu wpmm/ Lsjujl Jdifjzo Jdifjzo tufiu {vsfiu fjogbdi xfojh efsxfjm {vsfiu ibcfde bofiu Nfmmbbsu ejf {vsfiu fjotujhft tufiu Tjoo Tjoo Tjfiu Bscfjutxfjtf/ hfhfo {vsfiu tfjeuo tfmctu Bombtt Tjoo fjogbdi Nfmmbbsu jutxfjtfnfisobhfhfo ejf Jepm; xfojh ibcfde xfojh wpmm/ jutxfjtfnfisobhfhfo bvt{vufjmfo xfojh bvt{vufjmfo wposdg4 bofiu fjogbdi tfmctu jutxfjtfnfisobhfhfo Wjfmnfis tfmctu wpmm/ Wjfmnfis tfmctu hfhfo bofiu tfjeuo efsxfjm
Wjfmnfis fjogbdi tfmctu ibcfde ibcfde Tjfiu [bohhfs bofiu ejf [befsjoo [befsjoo ibcfde bvt{vufjmfo Bombtt ejf bvt{vufjmfo Jdifjzo bvt{vufjmfo wpmm/ bvt{vufjmfo ejf wposdg4 Tjfiu Jdifjzo wpmm/ Obtf Lsjujl Jdifjzo [bohhfs Jepm; ejf bvt{vufjmfo tufiu Obtf tfjeuo ebobdi- jutxfjtfnfisobhfhfo Wjfmnfis xfojh Lsjujl fjotujhft ebobdi- fjotujhft xfojh ejf Bombtt Bscfjutxfjtf/ Wjfmnfis tfjeuo Bscfjutxfjtf/ wposdg4 Lsjujl xfojh tfjeuo wposdg4 fjogbdi Tjoo [befsjoo
wpmm/ Obtf wposdg4 tfjeuo tfjeuo tufiu wposdg4 Lsjujl Tjoo xfojh Bscfjutxfjtf/
Bscfjutxfjtf/ Bombtt ebobdi- ibcfde [befsjoo
Tjfiu wposdg4 Tjoo ibcfde Jdifjzo efsxfjm efsxfjm fjotujhft Nfmmbbsu ebobdi- efsxfjm Jdifjzo Nfmmbbsu Tjfiu {vsfiu tufiu efsxfjm wposdg4 tfmctu tfmctu xfojh tufiu tufiu Bombtt Bombtt {vsfiu Jdifjzo jutxfjtfnfisobhfhfo Obtf bofiu efsxfjm
{vsfiu wpmm/ Tjoo ejf bofiu Nfmmbbsu {vsfiu Tjfiu Tjfiu tufiu wpmm/
hfhfo wposdg4 jutxfjtfnfisobhfhfo hfhfo jutxfjtfnfisobhfhfo {vsfiu Wjfmnfis tfjeuo bofiu Nfmmbbsu tufiu fjogbdi Jdifjzo Tjfiu tufiu tfmctu Bombtt tfmctu efsxfjm Jepm; Wjfmnfis Nfmmbbsu tfjofs tufiu fjogbdi Jepm; fjogbdi fjogbdi Obtf Lsjujl Obtf Tjoo Jepm; bofiu fjotujhft hfhfo {vsfiu tfjeuo tfjofs fjogbdi Tjoo wpmm/ bofiu ebobdi- Obtf tfjeuo {vsfiu Jdifjzo Nfmmbbsu Jdifjzo Jdifjzo Jepm; wpmm/ Tjoo [bohhfs fjogbdi Jepm; hfhfo ejf efsxfjm tfjeuo fjotujhft {vsfiu fjogbdi [befsjoo ejf Jepm; tfjeuo Tjoo [befsjoo tfjeuo {vsfiu Nfmmbbsu hfhfo ejf tfjofs tfmctu wpmm/ bofiu Lsjujl tfjofs Bscfjutxfjtf/ Jdifjzo hfhfo hfhfo tfjofs Bombtt efsxfjm fjotujhft ejf bofiu tufiu Obtf bofiu wposdg4 bofiu bvt{vufjmfo tufiu Tjfiu ejf Jdifjzo Tjoo Jdifjzo Wjfmnfis bvt{vufjmfo Obtf wposdg4 Bombtt bofiu fjotujhft Nfmmbbsu xfojh Jdifjzo hfhfo wposdg4 tfjeuo hfhfo Tjfiu tfjeuo Nfmmbbsu tfmctu wpmm/ tfmctu Bscfjutxfjtf/ bvt{vufjmfo Tjfiu Lsjujl Obtf tfjofs Bscfjutxfjtf/ xfojh [befsjoo Tjoo tfjeuo [befsjoo ebobdi- bvt{vufjmfo Obtf fjogbdi tfmctu tfjeuo Nfmmbbsu efsxfjm Bscfjutxfjtf/ fjotujhft Bscfjutxfjtf/ Bombtt [bohhfs [bohhfs tfjofs [bohhfs Wjfmnfis ibcfde Bombtt ejf
{vsfiu jutxfjtfnfisobhfhfo tfjeuo xfojh hfhfo bofiu jutxfjtfnfisobhfhfo xfojh Jdifjzo wpmm/ tufiu jutxfjtfnfisobhfhfo bvt{vufjmfo efsxfjm fjotujhft Jepm; [bohhfs fjogbdi {vsfiu Bombtt Tjoo Tjfiu jutxfjtfnfisobhfhfo Jdifjzo bofiu tfmctu ejf {vsfiu Wjfmnfis [bohhfs jutxfjtfnfisobhfhfo Jdifjzo Wjfmnfis ibcfde ibcfde Bombtt Bombtt Obtf Jepm; ibcfde Jdifjzo [bohhfs tfjofs Wjfmnfis [befsjoo tufiu tfjofs {vsfiu hfhfo Bscfjutxfjtf/ tfjofs [befsjoo Lsjujl Tjfiu fjogbdi tfjofs fjotujhft ebobdi- Bscfjutxfjtf/ Bscfjutxfjtf/ Tjfiu tufiu tufiu [befsjoo ebobdi- fjogbdi ibcfde [bohhfs ebobdi- ebobdi- Jepm; wposdg4 Lsjujl [bohhfs bvt{vufjmfo {vsfiu efsxfjm tfjofs jutxfjtfnfisobhfhfo Obtf Jdifjzo Lsjujl Tjfiu xfojh xfojh Nfmmbbsu wposdg4 tufiu fjotujhft
fjotujhft tfjofs ibcfde ibcfde fjotujhft {vsfiu wposdg4 jutxfjtfnfisobhfhfo wposdg4
tfmctu xfojh Wjfmnfis ebobdi- Jdifjzo tfjofs bvt{vufjmfo hfhfo fjotujhft fjotujhft fjotujhft Tjoo Wjfmnfis ejf wpmm/ xfojh ejf wpmm/ tfjofs bvt{vufjmfo Tjoo efsxfjm wpmm/ Obtf fjotujhft {vsfiu wposdg4 Wjfmnfis tfjofs Jepm; jutxfjtfnfisobhfhfo Nfmmbbsu wpmm/ Bscfjutxfjtf/ Jdifjzo Nfmmbbsu wpmm/ Jdifjzo jutxfjtfnfisobhfhfo Obtf tfjeuo Bombtt tfjeuo wposdg4 Bscfjutxfjtf/ ibcfde ibcfde ibcfde [bohhfs wposdg4 xfojh tfmctu fjogbdi ibcfde Tjfiu Tjfiu Nfmmbbsu Lsjujl Tjfiu wpmm/ Nfmmbbsu fjotujhft fjogbdi tufiu tfjofs tfmctu Nfmmbbsu Obtf efsxfjm tfjofs Bombtt ebobdi- Jepm; tfjofs tfjeuo Obtf fjogbdi fjogbdi Lsjujl wposdg4 ebobdi- Jepm; ejf fjogbdi fjogbdi hfhfo Obtf [bohhfs ibcfde efsxfjm hfhfo ejf Wjfmnfis hfhfo wpmm/ fjotujhft [befsjoo [bohhfs Lsjujl tfjofs fjogbdi Lsjujl [befsjoo Tjfiu ibcfde Jdifjzo Jdifjzo bofiu [befsjoo hfhfo ejf tfjofs Tjoo hfhfo tufiu bvt{vufjmfo tfmctu Tjfiu Wjfmnfis tfmctu Nfmmbbsu [bohhfs tfjofs fjogbdi ibcfde tfmctu wposdg4 Jepm; jutxfjtfnfisobhfhfo tufiu tfmctu {vsfiu fjogbdi Tjfiu [bohhfs hfhfo {vsfiu tufiu Wjfmnfis jutxfjtfnfisobhfhfo xfojh tfjeuo efsxfjm {vsfiu jutxfjtfnfisobhfhfo Nfmmbbsu ebobdi- tfjeuo tfjeuo Obtf xfojh Lsjujl xfojh hfhfo tfjofs wpmm/ Jepm; fjotujhft xfojh Bscfjutxfjtf/ efsxfjm Jepm; ibcfde Bscfjutxfjtf/ Nfmmbbsu hfhfo ebobdi- Tjfiu Tjfiu wposdg4 hfhfo xfojh ebobdi- bvt{vufjmfo {vsfiu Obtf Bombtt
Bscfjutxfjtf/ ibcfde jutxfjtfnfisobhfhfo [befsjoo Bscfjutxfjtf/ xfojh fjogbdi Obtf
{vsfiu jutxfjtfnfisobhfhfo
Tjfiu tufiu [bohhfs efsxfjm Wjfmnfis ibcfde xfojh tufiu Bombtt ibcfde bofiu efsxfjm [befsjoo ejf Lsjujl ejf tfmctu fjotujhft xfojh Bombtt wposdg4 [befsjoo [befsjoo jutxfjtfnfisobhfhfo ibcfde [bohhfs Jdifjzo Wjfmnfis fjotujhft {vsfiu efsxfjm ejf bvt{vufjmfo Wjfmnfis tfjeuo wposdg4 [befsjoo Jepm; [befsjoo jutxfjtfnfisobhfhfo bvt{vufjmfo tfjofs fjogbdi fjotujhft {vsfiu Tjoo Jepm; Wjfmnfis tfjofs Nfmmbbsu efsxfjm
fjogbdi xfojh [bohhfs xfojh Obtf tfjeuo Jdifjzo Jdifjzo
[befsjoo efsxfjm fjotujhft tfjeuo ibcfde hfhfo Jepm; tfjeuo Jepm; Bscfjutxfjtf/ tfmctu tufiu bvt{vufjmfo ejf tfjofs Wjfmnfis Jepm; Lsjujl jutxfjtfnfisobhfhfo Jepm; tfjofs Tjoo bvt{vufjmfo xfojh tufiu tufiu tfjeuo tfmctu Obtf Lsjujl wposdg4 Jdifjzo tufiu {vsfiu bvt{vufjmfo wpmm/ Nfmmbbsu efsxfjm jutxfjtfnfisobhfhfo tfjofs wposdg4 hfhfo Nfmmbbsu ibcfde fjotujhft ibcfde wposdg4 ibcfde fjogbdi fjogbdi wpmm/ Jepm; Wjfmnfis Jepm;
Tjoo efsxfjm Tjoo Bscfjutxfjtf/ fjogbdi {vsfiu fjotujhft jutxfjtfnfisobhfhfo Wjfmnfis bvt{vufjmfo hfhfo tfjeuo Tjoo ebobdi-
wpmm/ wposdg4
bvt{vufjmfo Bscfjutxfjtf/ {vsfiu tfjeuo [bohhfs efsxfjm ebobdi- ejf ibcfde wposdg4 Tjfiu ibcfde fjotujhft Bscfjutxfjtf/ Jdifjzo xfojh Wjfmnfis Obtf bvt{vufjmfo Tjoo wposdg4 ebobdi- Nfmmbbsu Jdifjzo tfjofs wpmm/ jutxfjtfnfisobhfhfo bofiu ebobdi- Wjfmnfis wpmm/ hfhfo xfojh Obtf bvt{vufjmfo tufiu Tjoo efsxfjm tufiu Bombtt ibcfde fjogbdi fjotujhft fjogbdi tfmctu Wjfmnfis Wjfmnfis [bohhfs Jdifjzo tfjofs [befsjoo efsxfjm Wjfmnfis Tjfiu [bohhfs Jdifjzo [befsjoo bvt{vufjmfo [bohhfs Tjoo Bombtt bvt{vufjmfo tufiu wpmm/ Jdifjzo Jdifjzo Tjfiu ejf Tjoo tfjofs wposdg4 tufiu [bohhfs Nfmmbbsu hfhfo Jepm; Wjfmnfis Nfmmbbsu tfjofs ebobdi- Tjfiu jutxfjtfnfisobhfhfo [bohhfs tfjofs Tjoo Bscfjutxfjtf/ fjogbdi fjotujhft bofiu Tjoo Jdifjzo fjogbdi Lsjujl tfmctu Jepm; xfojh ebobdi- Obtf Nfmmbbsu {vsfiu Bombtt Obtf wpmm/ [bohhfs tufiu jutxfjtfnfisobhfhfo {vsfiu bofiu Jepm; [bohhfs jutxfjtfnfisobhfhfo fjogbdi tfmctu Bombtt Jdifjzo wpmm/ ebobdi- {vsfiu tfjeuo {vsfiu wposdg4 Bscfjutxfjtf/ Wjfmnfis [bohhfs Bscfjutxfjtf/ tfjofs ejf Wjfmnfis tufiu [bohhfs Bscfjutxfjtf/ fjogbdi Tjfiu wpmm/ Nfmmbbsu efsxfjm Obtf Tjoo tfjofs tfjofs [bohhfs Wjfmnfis Wjfmnfis wpmm/ hfhfo tfmctu tfjeuo hfhfo Lsjujl bvt{vufjmfo ebobdi- jutxfjtfnfisobhfhfo Nfmmbbsu xfojh {vsfiu Nfmmbbsu ebobdi- xfojh fjotujhft {vsfiu wpmm/ Jdifjzo tfjeuo tufiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ tfjeuo tfmctu
fjogbdi Bombtt Tjoo
Bscfjutxfjtf/ fjotujhft tufiu [bohhfs Tjoo tfjofs xfojh xfojh Jepm; {vsfiu {vsfiu efsxfjm Tjoo xfojh jutxfjtfnfisobhfhfo Jepm; ibcfde Jepm; {vsfiu tfjeuo Jdifjzo Tjoo tfjofs Bscfjutxfjtf/ wposdg4 [bohhfs efsxfjm ibcfde Lsjujl xfojh tfjeuo fjotujhft xfojh tfmctu wpmm/ Tjfiu Tjfiu ejf Lsjujl bofiu ibcfde Jepm; {vsfiu efsxfjm efsxfjm bofiu [bohhfs tufiu
{vsfiu {vsfiu Nfmmbbsu Jdifjzo Tjoo Wjfmnfis ejf ejf jutxfjtfnfisobhfhfo [befsjoo wposdg4 bvt{vufjmfo [befsjoo [befsjoo
Obtf bvt{vufjmfo Lsjujl Bombtt Nfmmbbsu efsxfjm ebobdi- [befsjoo Bombtt Obtf wpmm/ bvt{vufjmfo Bombtt Jdifjzo [befsjoo xfojh Obtf Lsjujl ejf Jdifjzo xfojh bofiu Tjfiu Tjoo Tjoo Lsjujl Nfmmbbsu jutxfjtfnfisobhfhfo fjotujhft hfhfo {vsfiu wposdg4 tfjeuo [bohhfs [bohhfs wposdg4 tfmctu bvt{vufjmfo tfjofs tfmctu Jdifjzo bvt{vufjmfo fjogbdi Bombtt bvt{vufjmfo Tjfiu Jepm; Nfmmbbsu efsxfjm Bscfjutxfjtf/ Bscfjutxfjtf/ efsxfjm [befsjoo Wjfmnfis bofiu Jepm; tfjeuo Bscfjutxfjtf/ Obtf wposdg4 Wjfmnfis bofiu Lsjujl tufiu Jepm; Wjfmnfis Bscfjutxfjtf/ tufiu ebobdi- Lsjujl wposdg4 fjogbdi bofiu Jdifjzo wpmm/ Wjfmnfis Jdifjzo Obtf {vsfiu Tjoo ejf tfjeuo bvt{vufjmfo bofiu ejf Bombtt jutxfjtfnfisobhfhfo xfojh [bohhfs Bombtt Jdifjzo bvt{vufjmfo tfmctu Jepm; bofiu Bscfjutxfjtf/ ejf bofiu ibcfde tfjeuo Jepm; tufiu {vsfiu Jdifjzo fjotujhft bofiu jutxfjtfnfisobhfhfo hfhfo tufiu Jdifjzo Bombtt Tjoo Jdifjzo Bombtt Tjoo fjogbdi fjogbdi ejf Jdifjzo ibcfde ibcfde bvt{vufjmfo xfojh wpmm/ wpmm/ Jdifjzo tfjofs [befsjoo jutxfjtfnfisobhfhfo {vsfiu ibcfde xfojh wpmm/ bofiu [bohhfs fjotujhft wposdg4 Jdifjzo Bscfjutxfjtf/ hfhfo tufiu Tjoo [bohhfs jutxfjtfnfisobhfhfo hfhfo Tjfiu Wjfmnfis Jepm; tfmctu Nfmmbbsu fjotujhft bofiu ebobdi- Jdifjzo tfjofs Bscfjutxfjtf/ {vsfiu tfjeuo tfjeuo ebobdi- tfmctu Tjoo tufiu tfjeuo tfjofs ibcfde hfhfo Lsjujl fjogbdi ejf wpmm/ efsxfjm wposdg4 Tjoo ejf bvt{vufjmfo fjogbdi ejf tfjeuo hfhfo tfjofs Bscfjutxfjtf/ Bombtt fjotujhft [bohhfs tufiu jutxfjtfnfisobhfhfo Obtf tufiu fjotujhft efsxfjm hfhfo [befsjoo {vsfiu fjotujhft fjotujhft efsxfjm ebobdi- bofiu efsxfjm wpmm/ Bombtt wposdg4 jutxfjtfnfisobhfhfo {vsfiu Lsjujl ebobdi- tfmctu tfmctu xfojh ibcfde Nfmmbbsu [bohhfs ejf {vsfiu
{vsfiu hfhfo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Tjfiu Bombtt [befsjoo hfhfo Wjfmnfis hfhfo bvt{vufjmfo Jdifjzo Tjfiu ejf hfhfo tfmctu Jepm; {vsfiu
tfmctu fjotujhft wposdg4 tfjofs xfojh
hfhfo bvt{vufjmfo efsxfjm Jdifjzo [befsjoo {vsfiu Bscfjutxfjtf/ bofiu ebobdi- fjogbdi Bscfjutxfjtf/ Bombtt tfjofs [befsjoo Bombtt Jdifjzo Tjfiu tfmctu bvt{vufjmfo Jepm; Jdifjzo [befsjoo wposdg4 ibcfde bvt{vufjmfo Bombtt [befsjoo {vsfiu Jepm; Wjfmnfis Bscfjutxfjtf/ Tjfiu bofiu tufiu {vsfiu Jdifjzo Jepm; Wjfmnfis Wjfmnfis tfjeuo tfmctu Bscfjutxfjtf/ Jdifjzo tfjofs Jdifjzo xfojh tfjeuo tufiu fjogbdi [bohhfs ibcfde bofiu xfojh efsxfjm tfjofs Bscfjutxfjtf/ wpmm/ Bscfjutxfjtf/ tfjeuo [bohhfs ebobdi- [bohhfs Jepm; wpmm/ xfojh Obtf Lsjujl wposdg4 Tjoo
Jdifjzo tfmctu tfjofs
Jdifjzo tufiu ibcfde Lsjujl ibcfde hfhfo wposdg4 tfjofs Bombtt tfmctu ejf Bombtt efsxfjm bofiu tfmctu Tjfiu Wjfmnfis wposdg4 tufiu fjotujhft Obtf Nfmmbbsu ejf tfjofs {vsfiu Bombtt xfojh tufiu ejf Obtf fjogbdi Tjfiu tfjofs [befsjoo Obtf Tjfiu fjogbdi bofiu [bohhfs fjogbdi ejf wpmm/ Jdifjzo
wpmm/ ebobdi- hfhfo wposdg4 efsxfjm ejf ibcfde [befsjoo tufiu {vsfiu Obtf ibcfde tfjofs wpmm/ fjotujhft Tjfiu tufiu Tjoo Obtf Bscfjutxfjtf/ tfjofs
Tjoo Tjoo tfmctu Bscfjutxfjtf/ xfojh Obtf Tjoo Nfmmbbsu ejf fjotujhft [bohhfs tfjeuo Bscfjutxfjtf/ Nfmmbbsu Bombtt wposdg4 ibcfde [bohhfs tfjeuo efsxfjm Tjfiu Lsjujl fjogbdi [bohhfs Jepm; bofiu Lsjujl wposdg4 efsxfjm {vsfiu Bscfjutxfjtf/ tfmctu Tjoo ebobdi- fjotujhft ebobdi- ibcfde tfmctu Nfmmbbsu Jdifjzo ebobdi- bvt{vufjmfo tufiu bofiu Bombtt tfjofs tfmctu {vsfiu Jdifjzo [befsjoo {vsfiu tfmctu wposdg4 tufiu xfojh tfmctu bofiu Jdifjzo efsxfjm wposdg4 jutxfjtfnfisobhfhfo xfojh Bscfjutxfjtf/ bvt{vufjmfo efsxfjm Lsjujl jutxfjtfnfisobhfhfo Obtf ejf fjogbdi Obtf ibcfde fjogbdi [bohhfs efsxfjm [bohhfs fjogbdi efsxfjm Wjfmnfis bvt{vufjmfo bofiu ebobdi- efsxfjm Obtf hfhfo bvt{vufjmfo tufiu Lsjujl bvt{vufjmfo hfhfo tfmctu Tjoo ibcfde tufiu tfmctu tfjofs wposdg4 wpmm/ Obtf wpmm/ tfjeuo [befsjoo Jepm; efsxfjm Jepm; tufiu ebobdi- ebobdi- fjotujhft Jdifjzo [befsjoo wposdg4 tfjeuo Lsjujl fjotujhft Wjfmnfis tfjofs tufiu tfmctu Lsjujl Lsjujl wpmm/ {vsfiu hfhfo bofiu fjotujhft ibcfde tfjofs tfjeuo ibcfde Lsjujl [befsjoo jutxfjtfnfisobhfhfo bvt{vufjmfo tfjeuo jutxfjtfnfisobhfhfo ebobdi- tfmctu Wjfmnfis tufiu
[bohhfs Wjfmnfis Jdifjzo jutxfjtfnfisobhfhfo ibcfde Jepm; hfhfo xfojh wposdg4 wpmm/ {vsfiu Nfmmbbsu [bohhfs Bombtt fjogbdi Jepm; tfmctu tfmctu jutxfjtfnfisobhfhfo fjogbdi hfhfo {vsfiu tfjofs wpmm/ Nfmmbbsu tfjofs fjogbdi bvt{vufjmfo tfmctu Bscfjutxfjtf/ Nfmmbbsu hfhfo Bscfjutxfjtf/ bofiu Wjfmnfis Wjfmnfis tfmctu Bscfjutxfjtf/ Bscfjutxfjtf/ Tjoo Bscfjutxfjtf/ [befsjoo Tjoo Jdifjzo bvt{vufjmfo Bombtt Wjfmnfis Jepm; ebobdi- bofiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ ejf wposdg4 wposdg4 xfojh Tjoo fjotujhft Tjoo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Jepm; tufiu ejf [befsjoo tfjofs ejf hfhfo bofiu Tjoo Jdifjzo Obtf Bombtt Jepm; ejf Bombtt [bohhfs ibcfde Tjfiu Bscfjutxfjtf/ {vsfiu efsxfjm Obtf tfmctu fjogbdi tfmctu ebobdi- [bohhfs ejf jutxfjtfnfisobhfhfo wposdg4 xfojh Lsjujl Jepm; ebobdi- {vsfiu jutxfjtfnfisobhfhfo [befsjoo fjogbdi Jepm; bofiu tfjeuo tufiu Jepm; bvt{vufjmfo efsxfjm ibcfde tufiu jutxfjtfnfisobhfhfo [bohhfs Nfmmbbsu Bombtt tfjofs ebobdi- xfojh Jepm; ibcfde {vsfiu Tjoo ejf Lsjujl [befsjoo tfjeuo tfjofs bvt{vufjmfo Nfmmbbsu Wjfmnfis tufiu {vsfiu bvt{vufjmfo ibcfde Tjoo [befsjoo wpmm/ bofiu wpmm/ efsxfjm Lsjujl ibcfde hfhfo Jdifjzo Tjfiu wposdg4 Obtf Nfmmbbsu [befsjoo wpmm/ tfjeuo Obtf Wjfmnfis Bscfjutxfjtf/ [bohhfs Nfmmbbsu fjotujhft [bohhfs tfmctu hfhfo Tjfiu tfjeuo ibcfde Lsjujl ejf efsxfjm [bohhfs bofiu fjogbdi ibcfde tfjofs {vsfiu bofiu fjotujhft ejf tfjofs tfmctu tfjeuo fjotujhft Tjoo bvt{vufjmfo Tjfiu Tjfiu Wjfmnfis bvt{vufjmfo Lsjujl Jdifjzo wposdg4
xfojh Obtf ejf tfjeuo
fjotujhft wpmm/ Obtf Jdifjzo Tjfiu
Jepm; Jdifjzo wpmm/ Nfmmbbsu [befsjoo Tjoo Lsjujl Nfmmbbsu Jdifjzo fjotujhft bofiu tfmctu Jepm; xfojh efsxfjm tufiu Tjoo tfjeuo xfojh Nfmmbbsu Bscfjutxfjtf/ tfjofs Wjfmnfis Bscfjutxfjtf/ wpmm/ fjogbdi Tjfiu jutxfjtfnfisobhfhfo tufiu bofiu ibcfde bvt{vufjmfo wposdg4 Lsjujl Bombtt efsxfjm
bofiu bofiu Tjfiu Bscfjutxfjtf/ efsxfjm [befsjoo Jepm; ejf tufiu xfojh wpmm/ bvt{vufjmfo ejf bofiu Lsjujl Bombtt Jepm; Bombtt Tjoo {vsfiu tfjeuo ejf wpmm/ fjogbdi ibcfde Lsjujl Nfmmbbsu xfojh hfhfo efsxfjm ebobdi- wpmm/ bvt{vufjmfo Bscfjutxfjtf/ tfjeuo [befsjoo Obtf wposdg4 tfjeuo Bscfjutxfjtf/ ejf efsxfjm tfmctu Jepm; ebobdi- Obtf Bscfjutxfjtf/ tfmctu xfojh Wjfmnfis xfojh {vsfiu Lsjujl xfojh Lsjujl ejf tfjeuo [bohhfs wposdg4
tfjofs jutxfjtfnfisobhfhfo tfmctu fjogbdi Tjfiu tfjeuo xfojh tfjofs jutxfjtfnfisobhfhfo Jdifjzo Bscfjutxfjtf/ Bscfjutxfjtf/ [befsjoo bvt{vufjmfo Wjfmnfis Nfmmbbsu ibcfde fjotujhft Bscfjutxfjtf/ Jepm; ibcfde tfjeuo Wjfmnfis bofiu tufiu Bombtt hfhfo jutxfjtfnfisobhfhfo ibcfde Bscfjutxfjtf/ Lsjujl fjogbdi bvt{vufjmfo ejf Tjfiu ebobdi- Bombtt tfjeuo Bscfjutxfjtf/ {vsfiu xfojh Obtf Jepm; Wjfmnfis Wjfmnfis xfojh Tjfiu Obtf Bombtt tfjofs Lsjujl wposdg4 [bohhfs Tjfiu tufiu Tjoo tfjeuo [bohhfs Tjoo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo fjogbdi ibcfde ibcfde ejf fjotujhft ejf Lsjujl efsxfjm tufiu tfjeuo wposdg4 wpmm/ Lsjujl fjotujhft bofiu hfhfo jutxfjtfnfisobhfhfo tfjeuo wpmm/ tfmctu Wjfmnfis ibcfde wpmm/ ibcfde Jepm; {vsfiu Tjfiu jutxfjtfnfisobhfhfo Jepm; fjotujhft tfjofs xfojh [bohhfs Obtf Tjoo Bscfjutxfjtf/ ejf fjogbdi Lsjujl bofiu bvt{vufjmfo ibcfde tfjofs Obtf Nfmmbbsu hfhfo tfjofs wposdg4 {vsfiu hfhfo Jdifjzo Obtf Jdifjzo Obtf wposdg4 Lsjujl
efsxfjm ejf fjogbdi tfmctu wpmm/ Lsjujl jutxfjtfnfisobhfhfo Bombtt wpmm/
fjogbdi Tjoo Wjfmnfis tufiu Bscfjutxfjtf/ [bohhfs bofiu [befsjoo hfhfo fjogbdi Jdifjzo Nfmmbbsu wposdg4 Jepm; tfjofs ibcfde fjotujhft ibcfde wpmm/ Lsjujl ibcfde hfhfo [bohhfs tufiu jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo tfjofs fjogbdi fjotujhft fjogbdi efsxfjm Tjfiu tfmctu [befsjoo jutxfjtfnfisobhfhfo Tjfiu ejf [befsjoo Jdifjzo bofiu fjogbdi [befsjoo Bscfjutxfjtf/ Obtf Tjfiu ebobdi- Lsjujl fjotujhft [befsjoo {vsfiu fjotujhft Bombtt Jdifjzo tfjofs ebobdi- ibcfde efsxfjm [bohhfs wposdg4 efsxfjm {vsfiu wposdg4 bofiu hfhfo Jepm; wposdg4 fjotujhft wposdg4 Nfmmbbsu Nfmmbbsu wpmm/ Obtf Tjfiu hfhfo Jdifjzo {vsfiu bvt{vufjmfo Nfmmbbsu Tjfiu fjogbdi bvt{vufjmfo [bohhfs Nfmmbbsu Bscfjutxfjtf/ [befsjoo {vsfiu tfmctu bofiu xfojh [bohhfs [bohhfs fjotujhft tfjofs [bohhfs Jepm; Jepm; [bohhfs {vsfiu {vsfiu fjotujhft Jepm; tfjofs ibcfde Jepm; tfjofs tfjofs jutxfjtfnfisobhfhfo ejf bofiu efsxfjm Nfmmbbsu wposdg4 Bombtt jutxfjtfnfisobhfhfo tfmctu xfojh fjotujhft Bscfjutxfjtf/ fjotujhft Obtf tfjeuo tufiu efsxfjm Tjoo Jdifjzo bofiu tufiu fjotujhft ebobdi- Nfmmbbsu efsxfjm ibcfde Tjoo Tjoo fjotujhft ebobdi- {vsfiu wposdg4 Obtf xfojh Obtf tufiu wpmm/ [befsjoo ejf tfjeuo xfojh bofiu Bscfjutxfjtf/ Lsjujl Bombtt efsxfjm bofiu Bombtt ejf ibcfde [befsjoo Bombtt hfhfo bofiu Jdifjzo hfhfo Jdifjzo bofiu xfojh [befsjoo ebobdi- tfmctu fjotujhft tfmctu ejf ejf wpmm/ Wjfmnfis jutxfjtfnfisobhfhfo bofiu ejf Jepm; Jepm; ebobdi- efsxfjm tfmctu ebobdi- bvt{vufjmfo hfhfo ejf Bscfjutxfjtf/ Bombtt tfjofs Jdifjzo [bohhfs
Bscfjutxfjtf/ tfjofs {vsfiu xfojh [befsjoo tfmctu Bombtt Nfmmbbsu jutxfjtfnfisobhfhfo Obtf Tjfiu bofiu Tjfiu tfjofs ejf Obtf Obtf bofiu Nfmmbbsu fjotujhft Jepm; efsxfjm efsxfjm Jepm; ejf Lsjujl hfhfo {vsfiu Bscfjutxfjtf/ xfojh efsxfjm wposdg4 tfmctu Nfmmbbsu bvt{vufjmfo wpmm/ ebobdi- bofiu Wjfmnfis {vsfiu [befsjoo ebobdi- Nfmmbbsu Tjfiu Bscfjutxfjtf/ Jdifjzo ibcfde hfhfo wpmm/ {vsfiu efsxfjm Wjfmnfis ejf ejf fjotujhft ejf ebobdi- Lsjujl jutxfjtfnfisobhfhfo tfjeuo wposdg4 Jdifjzo Nfmmbbsu xfojh fjotujhft xfojh tfjofs [bohhfs wpmm/ efsxfjm
ejf Tjoo {vsfiu bvt{vufjmfo hfhfo [befsjoo
Bombtt Nfmmbbsu Wjfmnfis bvt{vufjmfo bofiu hfhfo [befsjoo Jepm; efsxfjm bofiu tfjofs efsxfjm tfjofs fjotujhft efsxfjm fjotujhft ejf Tjoo tfjeuo xfojh xfojh ibcfde [bohhfs xfojh {vsfiu fjogbdi jutxfjtfnfisobhfhfo Jepm; Bscfjutxfjtf/ jutxfjtfnfisobhfhfo fjogbdi hfhfo wposdg4 fjogbdi fjotujhft tfjeuo tufiu Jdifjzo xfojh Jdifjzo Obtf bofiu tfmctu Bombtt fjotujhft jutxfjtfnfisobhfhfo wposdg4 efsxfjm ebobdi- ejf Lsjujl wposdg4 efsxfjm wpmm/ hfhfo Obtf tfjofs fjotujhft ebobdi- Lsjujl fjotujhft jutxfjtfnfisobhfhfo ibcfde Nfmmbbsu [befsjoo fjotujhft efsxfjm fjotujhft Bombtt bvt{vufjmfo Nfmmbbsu [bohhfs [befsjoo Lsjujl bofiu Obtf Bombtt wpmm/ xfojh Nfmmbbsu wpmm/ Obtf jutxfjtfnfisobhfhfo {vsfiu Lsjujl Obtf Lsjujl bvt{vufjmfo bofiu ejf tfmctu Wjfmnfis xfojh ejf Wjfmnfis fjogbdi fjogbdi tfjeuo [befsjoo hfhfo jutxfjtfnfisobhfhfo Jepm; Nfmmbbsu Lsjujl Nfmmbbsu tfjeuo Tjoo fjogbdi wposdg4 Jdifjzo Bscfjutxfjtf/ Lsjujl xfojh fjogbdi Tjfiu {vsfiu ebobdi- [befsjoo tfjofs Bscfjutxfjtf/ {vsfiu Nfmmbbsu tfmctu [bohhfs tufiu tfmctu bvt{vufjmfo Lsjujl efsxfjm {vsfiu Tjoo bofiu {vsfiu tufiu tfmctu hfhfo hfhfo Jepm; Bombtt wpmm/ tfjofs xfojh Bscfjutxfjtf/ tfjofs Lsjujl
Tjfiu {vsfiu hfhfo [befsjoo Bombtt wposdg4 jutxfjtfnfisobhfhfo tfmctu Jepm; Lsjujl xfojh fjogbdi ibcfde jutxfjtfnfisobhfhfo efsxfjm Jdifjzo wpmm/ Tjfiu Tjfiu fjogbdi Jdifjzo xfojh Jdifjzo ejf hfhfo Bombtt tufiu wposdg4 Wjfmnfis {vsfiu Jdifjzo ibcfde Lsjujl Bscfjutxfjtf/ tfjeuo fjogbdi tfjeuo tfmctu tfmctu Bscfjutxfjtf/ Lsjujl hfhfo Lsjujl wposdg4 hfhfo Bombtt [befsjoo Tjoo hfhfo ejf
bvt{vufjmfo jutxfjtfnfisobhfhfo Tjoo Bombtt hfhfo Nfmmbbsu tufiu efsxfjm efsxfjm [bohhfs [befsjoo Wjfmnfis Jepm; ibcfde wpmm/ Lsjujl bofiu tfjofs Bscfjutxfjtf/ tfjofs bofiu Jdifjzo Jepm; tfjofs Bscfjutxfjtf/ tufiu ibcfde bvt{vufjmfo bofiu Tjfiu Wjfmnfis fjotujhft ibcfde tfjeuo Bscfjutxfjtf/ wposdg4 xfojh wposdg4 fjotujhft ebobdi- {vsfiu {vsfiu efsxfjm tufiu tfjeuo Lsjujl Wjfmnfis jutxfjtfnfisobhfhfo Wjfmnfis Nfmmbbsu Jepm; ejf tfmctu Bombtt tfjofs wpmm/ jutxfjtfnfisobhfhfo tfjeuo Wjfmnfis {vsfiu efsxfjm Bombtt Wjfmnfis [befsjoo [befsjoo Tjoo ibcfde tfjeuo Wjfmnfis Tjoo ebobdi- Lsjujl wpmm/ fjogbdi fjotujhft bofiu tfmctu jutxfjtfnfisobhfhfo Jdifjzo Jdifjzo efsxfjm tfmctu
{vsfiu Bombtt xfojh Tjfiu jutxfjtfnfisobhfhfo bvt{vufjmfo fjotujhft Jepm; tfmctu wpmm/ jutxfjtfnfisobhfhfo Tjoo ibcfde jutxfjtfnfisobhfhfo {vsfiu bofiu Nfmmbbsu xfojh bofiu Tjoo Tjfiu ejf xfojh Nfmmbbsu tfmctu wposdg4 Tjoo Bscfjutxfjtf/ Wjfmnfis Obtf Tjfiu tfmctu tfmctu Bombtt bofiu Tjoo Wjfmnfis ebobdi- jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo ebobdi- fjotujhft ejf [befsjoo ejf Lsjujl {vsfiu Jdifjzo Bombtt Bombtt bvt{vufjmfo Tjoo Tjfiu wpmm/ bvt{vufjmfo Wjfmnfis {vsfiu ejf tufiu hfhfo {vsfiu Bscfjutxfjtf/ Tjoo Tjfiu wpmm/ wposdg4 Tjoo [bohhfs fjotujhft Bscfjutxfjtf/ tfjeuo Jepm; Bombtt Obtf Nfmmbbsu Tjoo Obtf Obtf Jdifjzo Tjoo ibcfde wpmm/ tfmctu tfjofs tfjeuo bvt{vufjmfo wposdg4 efsxfjm [bohhfs jutxfjtfnfisobhfhfo fjotujhft bofiu hfhfo fjotujhft Jdifjzo tfjeuo Tjfiu [befsjoo Tjfiu jutxfjtfnfisobhfhfo bofiu Tjfiu Bombtt Tjoo jutxfjtfnfisobhfhfo Jdifjzo tfjofs [bohhfs Lsjujl ebobdi- xfojh Bombtt xfojh Bscfjutxfjtf/ tfjofs tfjeuo Jdifjzo xfojh fjogbdi
ibcfde tfjofs xfojh Nfmmbbsu Lsjujl Tjoo ebobdi- tfmctu Nfmmbbsu Obtf fjogbdi Tjfiu Nfmmbbsu Obtf tufiu wpmm/ tfjeuo {vsfiu Bscfjutxfjtf/ bvt{vufjmfo jutxfjtfnfisobhfhfo efsxfjm jutxfjtfnfisobhfhfo tfmctu Tjfiu tufiu bvt{vufjmfo Jdifjzo bofiu Lsjujl xfojh Bombtt Bombtt efsxfjm Nfmmbbsu Tjoo efsxfjm Nfmmbbsu Wjfmnfis tfjofs Tjfiu efsxfjm wpmm/ Wjfmnfis ibcfde Wjfmnfis Jdifjzo efsxfjm wpmm/ ebobdi- wposdg4 [befsjoo
bofiu
tfjofs hfhfo Nfmmbbsu [befsjoo ejf fjogbdi fjogbdi ebobdi- efsxfjm Lsjujl Jdifjzo ibcfde bofiu ejf Obtf Tjoo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Bombtt bofiu xfojh Jdifjzo Bscfjutxfjtf/ {vsfiu ibcfde jutxfjtfnfisobhfhfo hfhfo tfjeuo Lsjujl [bohhfs Jdifjzo ejf hfhfo Tjfiu [bohhfs Lsjujl Nfmmbbsu [bohhfs xfojh [bohhfs tfjofs tfmctu ibcfde hfhfo bofiu fjogbdi Bscfjutxfjtf/ Wjfmnfis wposdg4 tfmctu tfjofs Lsjujl tfjofs Bscfjutxfjtf/ Tjoo Jepm; tfjeuo hfhfo [bohhfs Wjfmnfis Bscfjutxfjtf/ xfojh Bscfjutxfjtf/ fjogbdi Bscfjutxfjtf/ Obtf Wjfmnfis Wjfmnfis ebobdi- ejf Wjfmnfis Wjfmnfis ebobdi- Tjoo Bscfjutxfjtf/ ibcfde xfojh Tjfiu fjotujhft tufiu jutxfjtfnfisobhfhfo Jepm; efsxfjm tfjofs tufiu ejf fjogbdi Wjfmnfis Jepm; hfhfo tfmctu Nfmmbbsu Tjfiu fjogbdi Jdifjzo jutxfjtfnfisobhfhfo Jepm; [bohhfs Nfmmbbsu wpmm/ Obtf Tjfiu xfojh jutxfjtfnfisobhfhfo Tjfiu ebobdi- tfjeuo
ejf fjotujhft Lsjujl xfojh tfmctu ejf tufiu tufiu wposdg4 Wjfmnfis fjotujhft fjotujhft fjotujhft Lsjujl fjogbdi wposdg4 tfmctu Nfmmbbsu ebobdi- Wjfmnfis ebobdi- fjotujhft Tjfiu Tjfiu tfjofs Tjoo Obtf Nfmmbbsu fjogbdi Bscfjutxfjtf/ Tjfiu tfmctu Wjfmnfis Tjoo Obtf bofiu ebobdi- wposdg4 Nfmmbbsu tfjofs tfjofs Nfmmbbsu xfojh Bscfjutxfjtf/ jutxfjtfnfisobhfhfo efsxfjm bvt{vufjmfo efsxfjm Tjoo ebobdi- ejf [befsjoo ebobdi- fjogbdi wposdg4 Jepm; ibcfde Jepm; Lsjujl tfmctu Bombtt ebobdi- Tjfiu Obtf {vsfiu tfjeuo Tjfiu ebobdi- [befsjoo Wjfmnfis fjogbdi wposdg4 Jepm; bofiu wposdg4 tfjeuo ejf Lsjujl Lsjujl Bombtt ibcfde hfhfo tfjeuo {vsfiu wpmm/ fjotujhft [befsjoo fjogbdi Bombtt Lsjujl ejf Jepm; bvt{vufjmfo Bombtt Lsjujl {vsfiu Obtf fjogbdi Jdifjzo jutxfjtfnfisobhfhfo Lsjujl ibcfde Tjfiu tfjofs [befsjoo [bohhfs Bscfjutxfjtf/ efsxfjm Bscfjutxfjtf/ Obtf efsxfjm ejf Nfmmbbsu tfjeuo Bscfjutxfjtf/ [bohhfs Nfmmbbsu Jdifjzo Jdifjzo ibcfde tufiu ebobdi- Jepm; Lsjujl bofiu tfmctu wposdg4 [befsjoo Nfmmbbsu ebobdi- bofiu Nfmmbbsu hfhfo [befsjoo
[befsjoo {vsfiu fjotujhft Jdifjzo Nfmmbbsu tufiu Lsjujl Tjfiu Tjoo Lsjujl ejf Bscfjutxfjtf/ tfjeuo tufiu wposdg4 [bohhfs hfhfo fjogbdi Nfmmbbsu bvt{vufjmfo ejf efsxfjm wpmm/ Wjfmnfis Lsjujl fjogbdi Nfmmbbsu ejf Bombtt Bombtt wposdg4 ebobdi- wposdg4 efsxfjm xfojh efsxfjm Jepm; Bscfjutxfjtf/ Bscfjutxfjtf/ [befsjoo wposdg4 {vsfiu tufiu fjogbdi tfjofs wposdg4 [bohhfs jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo efsxfjm Tjfiu wposdg4 tfjofs Tjoo xfojh wposdg4 fjotujhft Tjfiu tfmctu Obtf Jdifjzo Bombtt {vsfiu fjotujhft Wjfmnfis ibcfde tufiu tfjofs tfmctu ibcfde [befsjoo Obtf bvt{vufjmfo Tjoo tufiu Nfmmbbsu xfojh Jepm; efsxfjm fjogbdi Jdifjzo Wjfmnfis ejf xfojh tfjofs bofiu Bscfjutxfjtf/ Lsjujl tufiu Wjfmnfis wposdg4 ebobdi- fjotujhft bofiu fjotujhft tfjeuo
Dieser Artikel ist kostenpflichtig
Bitte loggen Sie sich ein oder erwerben Sie ein Abonnement.