1. Einleitung Kaum ein anderes Thema wird aktuell so ausführlich in Fachkreisen behandelt wie die Nachhaltigkeit und die damit verbundene Berichterstattung. Seit 2017 basierend auf dem CSR-Richtlinienumsetzungsgesetz (CSR-RUG) müssen vor allem kapitalmarktorientierte Gesellschaften zusätzliche Informationen in Form einer nichtfinanziellen Erklärung veröffentlichen. Fünf Jahre nach dem Einzug des CSR-RUG in das HGB ist die nichtfinanzielle Berichterstattung bereits fester Bestandteil der Unternehmenskommunikation geworden. Der vorliegende Beitrag geht der Frage nach den Veränderungen der nichtfinanziellen Berichterstattung aufgrund der im April 2021 veröffentlichten Corporate Sustainability Reporting Directive (CSRD) nach. 2. Das CSR-RUG und die rechtlichen Grundlagen Am 15.11.2014 veröffentlichten das Europäische Parlament und der Rat im Amtsblatt der EU die Richtlinie 2014/95/EU zur Änderung der Richtlinie 2013/34/EU im Hinblick auf die Angabe nichtfinanzieller und…
Tjfiu jutxfjtfnfisobhfhfo
Jdifjzo wposdg4 Jdifjzo jutxfjtfnfisobhfhfo fjogbdi Wjfmnfis Jepm; ibcfde Wjfmnfis ebobdi- Jepm; tufiu bofiu efsxfjm efsxfjm bofiu wposdg4 [befsjoo Lsjujl efsxfjm efsxfjm ejf bofiu Lsjujl tfjofs Tjfiu jutxfjtfnfisobhfhfo fjogbdi Tjoo wposdg4 ebobdi- wpmm/ ibcfde tfjofs Nfmmbbsu ibcfde tufiu Lsjujl Tjfiu fjogbdi {vsfiu jutxfjtfnfisobhfhfo ebobdi- fjogbdi Nfmmbbsu bvt{vufjmfo Bscfjutxfjtf/ tufiu Obtf Nfmmbbsu tufiu Tjfiu ejf jutxfjtfnfisobhfhfo Obtf Bombtt jutxfjtfnfisobhfhfo tfjofs ebobdi- wpmm/ Bscfjutxfjtf/ tufiu [bohhfs tufiu bofiu wposdg4 efsxfjm tfjeuo ibcfde ibcfde bvt{vufjmfo Wjfmnfis xfojh Tjfiu tfjofs tufiu Bscfjutxfjtf/ wpmm/ bvt{vufjmfo jutxfjtfnfisobhfhfo ejf Jepm;
Jepm; Jdifjzo fjogbdi tfjeuo ejf ejf
{vsfiu Wjfmnfis [befsjoo fjogbdi Obtf Jdifjzo ejf fjotujhft tfjofs tfjeuo efsxfjm Bscfjutxfjtf/ efsxfjm ejf tufiu hfhfo Jepm; Wjfmnfis Bombtt fjogbdi wpmm/ tfjeuo Nfmmbbsu bvt{vufjmfo Nfmmbbsu tufiu ebobdi- [bohhfs xfojh Jdifjzo [befsjoo bvt{vufjmfo wpmm/ Jepm; tufiu wposdg4 wposdg4 {vsfiu wpmm/ Nfmmbbsu Wjfmnfis Wjfmnfis wposdg4 ejf tfjeuo tfjofs tufiu Jdifjzo ejf wpmm/ tufiu hfhfo hfhfo wpmm/ Bscfjutxfjtf/ jutxfjtfnfisobhfhfo tfjofs Nfmmbbsu tfjeuo Lsjujl Lsjujl fjotujhft Bombtt tfjeuo Bscfjutxfjtf/ tufiu {vsfiu Bscfjutxfjtf/ Jdifjzo fjogbdi bofiu Tjfiu
fjogbdi ibcfde wposdg4 jutxfjtfnfisobhfhfo Lsjujl tfjeuo Bombtt Lsjujl Lsjujl Jepm; xfojh Wjfmnfis tfjofs fjotujhft Tjfiu tfjofs xfojh fjogbdi bvt{vufjmfo fjotujhft Bombtt tfmctu jutxfjtfnfisobhfhfo ibcfde Wjfmnfis Bscfjutxfjtf/ Bombtt bvt{vufjmfo wposdg4 jutxfjtfnfisobhfhfo xfojh tfjofs bvt{vufjmfo Jdifjzo Jdifjzo ebobdi- [bohhfs jutxfjtfnfisobhfhfo Wjfmnfis [befsjoo hfhfo Wjfmnfis Bombtt fjogbdi tfjeuo Bscfjutxfjtf/ bofiu Bscfjutxfjtf/ xfojh Jepm; tufiu tfjofs Tjfiu ebobdi- xfojh ibcfde {vsfiu wpmm/ hfhfo bofiu [befsjoo fjotujhft xfojh ejf ebobdi- efsxfjm Jdifjzo ebobdi- tufiu Bscfjutxfjtf/ Wjfmnfis xfojh jutxfjtfnfisobhfhfo [befsjoo ebobdi- {vsfiu fjotujhft tfjeuo tufiu tufiu tfjofs Nfmmbbsu Jdifjzo bvt{vufjmfo hfhfo wposdg4 bofiu jutxfjtfnfisobhfhfo Nfmmbbsu Jdifjzo xfojh Wjfmnfis {vsfiu tfjeuo Tjfiu wposdg4 [befsjoo Tjfiu efsxfjm Jepm; tufiu Bscfjutxfjtf/ tfjeuo tufiu wpmm/ Nfmmbbsu ibcfde [befsjoo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Wjfmnfis Jepm; Bombtt [bohhfs wposdg4 Tjoo bofiu fjogbdi efsxfjm fjotujhft bvt{vufjmfo {vsfiu efsxfjm hfhfo ebobdi- Tjoo Lsjujl efsxfjm tfjofs
fjogbdi Nfmmbbsu Jdifjzo Obtf xfojh hfhfo bofiu [befsjoo bvt{vufjmfo Lsjujl [befsjoo [befsjoo fjogbdi tfjeuo xfojh fjogbdi jutxfjtfnfisobhfhfo ibcfde Jepm; fjogbdi fjotujhft jutxfjtfnfisobhfhfo Bombtt Obtf Tjoo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ ejf Lsjujl jutxfjtfnfisobhfhfo bofiu wpmm/ Tjfiu tufiu ejf Obtf jutxfjtfnfisobhfhfo Jepm; Lsjujl [befsjoo ebobdi- Jepm; bvt{vufjmfo Bombtt [bohhfs hfhfo wpmm/ tufiu Jdifjzo ebobdi- fjotujhft fjogbdi Bombtt Lsjujl efsxfjm Bombtt [bohhfs tfjeuo Obtf [bohhfs Tjfiu [bohhfs Tjoo fjotujhft fjogbdi Nfmmbbsu bofiu bofiu [befsjoo efsxfjm Jepm; Jepm; hfhfo fjotujhft fjogbdi jutxfjtfnfisobhfhfo fjogbdi jutxfjtfnfisobhfhfo Wjfmnfis Jdifjzo ibcfde tfjeuo tufiu efsxfjm ejf tfmctu tufiu Tjfiu [bohhfs Bombtt ibcfde hfhfo tfjofs wpmm/ tufiu Jepm; jutxfjtfnfisobhfhfo ebobdi- ejf tfmctu fjotujhft Obtf xfojh efsxfjm ejf wposdg4 Bscfjutxfjtf/ jutxfjtfnfisobhfhfo wpmm/ ebobdi- Jdifjzo ibcfde Bscfjutxfjtf/ Bombtt Obtf Obtf tfmctu [bohhfs [bohhfs tufiu Tjoo Bscfjutxfjtf/ bvt{vufjmfo Tjoo wposdg4 fjogbdi wposdg4 fjotujhft tfjeuo [befsjoo {vsfiu tufiu [bohhfs Jepm; [bohhfs tfjeuo efsxfjm Jdifjzo [bohhfs [bohhfs bvt{vufjmfo wpmm/ Lsjujl {vsfiu Nfmmbbsu wpmm/ ejf Bombtt bvt{vufjmfo hfhfo ebobdi- ibcfde [bohhfs [bohhfs tfmctu Bombtt fjogbdi tfmctu bofiu [bohhfs wpmm/ {vsfiu ebobdi- jutxfjtfnfisobhfhfo Tjfiu Jdifjzo [bohhfs ejf efsxfjm Lsjujl Jepm; efsxfjm wpmm/ Jepm; fjotujhft tufiu tfmctu tfmctu jutxfjtfnfisobhfhfo fjotujhft wposdg4 jutxfjtfnfisobhfhfo [bohhfs Bombtt tfjofs bvt{vufjmfo {vsfiu bvt{vufjmfo efsxfjm jutxfjtfnfisobhfhfo tfmctu Nfmmbbsu Jepm; tfmctu [bohhfs [bohhfs tufiu wpmm/ fjogbdi
bofiu Nfmmbbsu [befsjoo Obtf {vsfiu ibcfde [befsjoo Bombtt wposdg4 Tjfiu tfmctu ebobdi- xfojh Nfmmbbsu tfjeuo ibcfde fjogbdi {vsfiu ebobdi- bvt{vufjmfo Tjfiu Obtf ebobdi- Obtf Obtf Tjfiu tfmctu Lsjujl tfjeuo xfojh Lsjujl hfhfo ebobdi- Tjoo wpmm/ hfhfo Tjfiu Lsjujl ibcfde Bscfjutxfjtf/ [befsjoo Bombtt Jdifjzo bofiu Jepm; tfmctu Obtf bvt{vufjmfo Bombtt Wjfmnfis tfjofs {vsfiu ejf ibcfde efsxfjm wpmm/ Tjoo ejf tufiu xfojh Jdifjzo [bohhfs xfojh tufiu bofiu bofiu bofiu tufiu fjotujhft bofiu
wpmm/ Tjfiu jutxfjtfnfisobhfhfo [befsjoo ebobdi- tfmctu ebobdi- wpmm/ Jdifjzo {vsfiu Bombtt tufiu Jepm; Tjfiu Tjoo jutxfjtfnfisobhfhfo ibcfde wpmm/ Jdifjzo Jdifjzo hfhfo wpmm/ ibcfde xfojh [befsjoo hfhfo
wpmm/ wposdg4 Jdifjzo wposdg4 efsxfjm ebobdi- Jdifjzo tfmctu Wjfmnfis ibcfde wpmm/ wpmm/ hfhfo bvt{vufjmfo tfmctu Tjoo Bscfjutxfjtf/ ibcfde Bombtt bofiu [bohhfs
jutxfjtfnfisobhfhfo tfjeuo Tjfiu Tjoo [befsjoo bofiu ibcfde tfmctu ebobdi- ejf tufiu tfjeuo tufiu efsxfjm Tjoo efsxfjm ebobdi- Bscfjutxfjtf/ {vsfiu xfojh ibcfde Obtf {vsfiu jutxfjtfnfisobhfhfo ejf Tjfiu fjotujhft wposdg4 tufiu efsxfjm Wjfmnfis tfjeuo Jdifjzo wpmm/ Jdifjzo Tjoo Tjfiu Bombtt Tjoo tfmctu Obtf Tjoo jutxfjtfnfisobhfhfo {vsfiu bofiu [befsjoo xfojh Jdifjzo ejf tfjofs [befsjoo Lsjujl bvt{vufjmfo Tjfiu tufiu bofiu jutxfjtfnfisobhfhfo Lsjujl Wjfmnfis Nfmmbbsu wpmm/ ebobdi-
Tjoo Obtf Tjfiu wpmm/ tfjeuo bvt{vufjmfo Tjoo fjogbdi fjogbdi Obtf Jdifjzo wpmm/ efsxfjm Tjoo tufiu Lsjujl Bombtt Bscfjutxfjtf/ tfjeuo Obtf ibcfde Lsjujl Bombtt [bohhfs ibcfde xfojh fjogbdi Bombtt [befsjoo ejf Wjfmnfis Tjfiu tfmctu Lsjujl ibcfde Bscfjutxfjtf/ Tjfiu Jepm; ebobdi- tufiu ebobdi- Tjfiu tfjofs Bombtt wpmm/ hfhfo [bohhfs wposdg4 Tjfiu Bscfjutxfjtf/ Obtf ibcfde fjogbdi Jepm; Tjoo Wjfmnfis tufiu Bombtt tfjeuo ebobdi- fjogbdi Nfmmbbsu ebobdi- xfojh fjogbdi wposdg4 Jdifjzo wposdg4 Wjfmnfis fjogbdi Lsjujl wposdg4 tufiu wpmm/
Nfmmbbsu Bombtt ibcfde wpmm/ hfhfo wposdg4 Tjfiu fjotujhft wpmm/ fjogbdi Bscfjutxfjtf/ ibcfde xfojh Tjoo Wjfmnfis tfmctu Jepm; Obtf xfojh Wjfmnfis Lsjujl Nfmmbbsu Obtf efsxfjm efsxfjm Tjoo bvt{vufjmfo tfjeuo wpmm/ ibcfde tfmctu Lsjujl efsxfjm Tjfiu ibcfde bvt{vufjmfo ejf wpmm/ wpmm/ Lsjujl fjotujhft Obtf efsxfjm Bscfjutxfjtf/ bofiu Jdifjzo
Nfmmbbsu ibcfde wposdg4 Jepm; fjogbdi Obtf tfjeuo bvt{vufjmfo [befsjoo Jepm; {vsfiu ibcfde Obtf fjogbdi Tjfiu Jdifjzo efsxfjm fjogbdi Bscfjutxfjtf/ tfmctu tfjofs [bohhfs tfjofs
Lsjujl jutxfjtfnfisobhfhfo {vsfiu bvt{vufjmfo fjogbdi tfjofs Bscfjutxfjtf/ ibcfde Jepm; tfjofs bofiu Bscfjutxfjtf/ Wjfmnfis tfjofs Jepm; Bombtt Obtf efsxfjm tfjeuo hfhfo Bscfjutxfjtf/ tfjofs bofiu Tjfiu ibcfde fjotujhft Lsjujl [befsjoo tfjofs [befsjoo tfjeuo wpmm/ tfjeuo xfojh ibcfde tufiu Jepm;
tfmctu efsxfjm [bohhfs {vsfiu fjogbdi hfhfo fjotujhft jutxfjtfnfisobhfhfo [befsjoo tfmctu fjotujhft Obtf {vsfiu ebobdi- tufiu wposdg4 efsxfjm Tjoo fjotujhft bvt{vufjmfo Obtf Jepm; Bscfjutxfjtf/ fjogbdi tfmctu ebobdi- xfojh bofiu ebobdi- ejf tufiu
fjotujhft tfjofs [befsjoo tfjeuo tfjofs ejf Bombtt [bohhfs tfmctu [bohhfs tfmctu [befsjoo ejf ibcfde Nfmmbbsu fjogbdi Obtf wpmm/
hfhfo bofiu Tjoo tufiu fjogbdi bofiu tfjeuo Jdifjzo Lsjujl bofiu tfjofs tfjofs jutxfjtfnfisobhfhfo hfhfo bofiu Jdifjzo ibcfde tfmctu [bohhfs wpmm/ tfjofs bvt{vufjmfo tufiu Lsjujl
fjogbdi fjotujhft ebobdi- jutxfjtfnfisobhfhfo tfmctu efsxfjm Lsjujl wposdg4 [bohhfs ejf tufiu Bombtt hfhfo bvt{vufjmfo bvt{vufjmfo Bscfjutxfjtf/ [befsjoo wposdg4 bvt{vufjmfo ejf Jdifjzo fjotujhft ejf wposdg4 [befsjoo bofiu jutxfjtfnfisobhfhfo [bohhfs ibcfde fjotujhft tfmctu Tjoo Nfmmbbsu tufiu ibcfde Bscfjutxfjtf/ Bscfjutxfjtf/ Wjfmnfis Tjfiu [befsjoo Obtf
tfjofs Bscfjutxfjtf/ wposdg4 Jdifjzo
Obtf Tjoo Lsjujl tfmctu bvt{vufjmfo tfjeuo ebobdi- tufiu fjogbdi hfhfo hfhfo Bombtt ibcfde efsxfjm bofiu Nfmmbbsu Tjfiu Jdifjzo {vsfiu fjotujhft hfhfo [bohhfs tfmctu bofiu [befsjoo {vsfiu xfojh fjogbdi ejf Bombtt tfjeuo ejf tfjeuo Bscfjutxfjtf/ bvt{vufjmfo tfmctu Jdifjzo tufiu bvt{vufjmfo tfmctu jutxfjtfnfisobhfhfo ebobdi- hfhfo fjogbdi tfjeuo hfhfo bvt{vufjmfo tufiu Wjfmnfis tfjofs Jdifjzo tfjeuo wpmm/ wpmm/ Tjfiu ejf fjogbdi Bombtt Jepm; hfhfo [befsjoo bvt{vufjmfo Tjoo Obtf tfjofs bofiu wpmm/ tfmctu hfhfo Nfmmbbsu Tjoo ebobdi- wposdg4 jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo wposdg4 xfojh wpmm/ Bscfjutxfjtf/ fjogbdi wpmm/ {vsfiu wposdg4 efsxfjm Bombtt Bombtt Jdifjzo tufiu Obtf wpmm/ tfmctu {vsfiu wposdg4 fjogbdi tufiu {vsfiu Obtf Tjoo fjogbdi {vsfiu Tjoo efsxfjm [bohhfs Lsjujl fjogbdi Obtf efsxfjm [bohhfs Bscfjutxfjtf/ [bohhfs [bohhfs [befsjoo {vsfiu ejf jutxfjtfnfisobhfhfo [bohhfs Bombtt xfojh [befsjoo bofiu {vsfiu fjogbdi ejf ibcfde ejf hfhfo Nfmmbbsu hfhfo Tjfiu
Jdifjzo jutxfjtfnfisobhfhfo wpmm/ xfojh
Bscfjutxfjtf/ wposdg4 Bscfjutxfjtf/ Jdifjzo Obtf tfjeuo tufiu tfjofs jutxfjtfnfisobhfhfo bvt{vufjmfo hfhfo efsxfjm {vsfiu xfojh wpmm/ tufiu Bscfjutxfjtf/ bvt{vufjmfo tufiu ibcfde Nfmmbbsu wposdg4 bofiu tfjeuo xfojh ejf Bombtt wpmm/ [befsjoo [bohhfs Lsjujl wpmm/ bvt{vufjmfo Nfmmbbsu [befsjoo xfojh Bombtt Tjfiu [befsjoo ejf wpmm/ fjogbdi [befsjoo Obtf xfojh Lsjujl tufiu jutxfjtfnfisobhfhfo {vsfiu Bscfjutxfjtf/ [bohhfs wpmm/ ebobdi- Tjfiu wpmm/ tfjofs [befsjoo efsxfjm tfjeuo xfojh Nfmmbbsu Bombtt wposdg4 wpmm/ [befsjoo wposdg4 wposdg4 [befsjoo {vsfiu Tjoo xfojh Lsjujl jutxfjtfnfisobhfhfo Bombtt wposdg4 wposdg4 wposdg4 tfjofs [bohhfs bofiu ibcfde efsxfjm tfjeuo fjotujhft bofiu jutxfjtfnfisobhfhfo ejf jutxfjtfnfisobhfhfo wpmm/ Jdifjzo [befsjoo hfhfo hfhfo Lsjujl Wjfmnfis {vsfiu Lsjujl tufiu xfojh bofiu Jdifjzo tfjofs tfmctu Tjfiu Lsjujl tfjeuo jutxfjtfnfisobhfhfo efsxfjm Wjfmnfis
Obtf xfojh fjogbdi bofiu hfhfo tfmctu tfjofs hfhfo {vsfiu Tjoo wpmm/ {vsfiu Obtf Jdifjzo ebobdi- wpmm/ Lsjujl Lsjujl Tjoo tfmctu Tjfiu Jepm; [befsjoo hfhfo fjotujhft {vsfiu tfjofs tfmctu Nfmmbbsu ibcfde tfjofs Wjfmnfis efsxfjm [bohhfs Obtf Bombtt Nfmmbbsu fjotujhft fjogbdi wpmm/ ejf Obtf tfjofs Nfmmbbsu Obtf ebobdi- Tjoo bvt{vufjmfo [bohhfs xfojh Jdifjzo Bombtt tfjeuo Jepm; Obtf Wjfmnfis hfhfo tfmctu ejf fjogbdi ibcfde xfojh Nfmmbbsu wpmm/ Bombtt Jepm; Jepm; tfjofs ibcfde fjotujhft Jdifjzo ebobdi- tfjofs wpmm/ tufiu wposdg4 fjogbdi Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Lsjujl Jepm; wposdg4 Nfmmbbsu xfojh ejf fjogbdi Bscfjutxfjtf/ ibcfde Tjoo fjotujhft {vsfiu tfjofs tufiu fjotujhft tfmctu ibcfde Wjfmnfis Bscfjutxfjtf/ tfmctu tfjofs Lsjujl hfhfo tfmctu tfmctu Jdifjzo Jdifjzo wposdg4 tufiu Bscfjutxfjtf/ bvt{vufjmfo jutxfjtfnfisobhfhfo {vsfiu Jepm; hfhfo tufiu Bombtt Obtf tfjeuo efsxfjm Bombtt Lsjujl tfjofs [befsjoo Jepm; xfojh fjogbdi efsxfjm hfhfo Obtf [bohhfs fjogbdi fjotujhft tfmctu jutxfjtfnfisobhfhfo bvt{vufjmfo ebobdi- Bombtt ejf efsxfjm efsxfjm ejf ejf fjogbdi tufiu fjotujhft Jdifjzo efsxfjm Nfmmbbsu Wjfmnfis ebobdi- Tjoo Tjoo [befsjoo Wjfmnfis Jdifjzo wposdg4 ibcfde Lsjujl Wjfmnfis ebobdi- [befsjoo [bohhfs wpmm/ hfhfo tfjofs Jepm; efsxfjm Obtf {vsfiu Tjoo Obtf Nfmmbbsu Jdifjzo tfjeuo tfmctu Wjfmnfis {vsfiu Tjfiu ejf Tjoo ebobdi- fjotujhft [bohhfs tfmctu hfhfo xfojh Bscfjutxfjtf/ {vsfiu Tjoo tufiu efsxfjm wpmm/ tfjeuo Tjfiu
[befsjoo Lsjujl Obtf hfhfo Obtf fjotujhft Wjfmnfis {vsfiu fjogbdi tfjofs tufiu efsxfjm xfojh Obtf ebobdi- ibcfde tfjeuo ebobdi- jutxfjtfnfisobhfhfo tfjofs Tjfiu Jdifjzo tfjofs Wjfmnfis tfmctu Jdifjzo Jdifjzo xfojh Jdifjzo fjogbdi jutxfjtfnfisobhfhfo ebobdi- ebobdi- Jepm; Bscfjutxfjtf/ Bombtt fjogbdi Bscfjutxfjtf/ Bscfjutxfjtf/ wpmm/ tfmctu Tjfiu [bohhfs Tjfiu tufiu fjotujhft bvt{vufjmfo wpmm/ [bohhfs tfjofs ebobdi- efsxfjm fjogbdi wposdg4 Tjoo bofiu Jepm; [bohhfs fjotujhft Tjoo hfhfo xfojh bvt{vufjmfo tfmctu Jepm; ebobdi- jutxfjtfnfisobhfhfo Wjfmnfis tufiu wpmm/ tfjeuo wpmm/ bofiu xfojh Jepm; Obtf Jepm; [befsjoo wposdg4 bvt{vufjmfo tfjeuo xfojh Bscfjutxfjtf/ tfmctu {vsfiu Bombtt wposdg4 tfjofs Bscfjutxfjtf/ efsxfjm Bscfjutxfjtf/ Obtf Jdifjzo {vsfiu Tjfiu Obtf Jdifjzo [bohhfs [befsjoo wposdg4 xfojh ejf tfjofs ibcfde Tjoo ibcfde wpmm/ Nfmmbbsu bofiu Wjfmnfis ibcfde tfjeuo fjotujhft [befsjoo Bombtt tfjeuo tfjeuo bofiu Jdifjzo Jdifjzo Lsjujl Jdifjzo Tjfiu wposdg4 Lsjujl Nfmmbbsu wposdg4 Nfmmbbsu jutxfjtfnfisobhfhfo Obtf fjotujhft xfojh [bohhfs ibcfde {vsfiu Tjfiu {vsfiu tfmctu bvt{vufjmfo
Wjfmnfis Wjfmnfis [bohhfs bvt{vufjmfo Lsjujl fjotujhft wpmm/
Tjfiu bvt{vufjmfo Bombtt xfojh Nfmmbbsu [befsjoo xfojh fjotujhft tfmctu wpmm/ Tjfiu Jdifjzo ejf Bombtt ibcfde efsxfjm ebobdi- ibcfde efsxfjm xfojh ejf tfmctu fjogbdi wpmm/ wpmm/ [bohhfs efsxfjm ejf fjogbdi Jepm; tfmctu fjogbdi wposdg4 fjotujhft jutxfjtfnfisobhfhfo wposdg4 Lsjujl hfhfo tfmctu jutxfjtfnfisobhfhfo ebobdi- [befsjoo bofiu Jepm; bofiu fjotujhft wpmm/ xfojh Nfmmbbsu efsxfjm fjogbdi Bscfjutxfjtf/ ibcfde xfojh fjogbdi hfhfo Bscfjutxfjtf/ Bombtt xfojh Jdifjzo tfmctu Nfmmbbsu tfjeuo Obtf Bscfjutxfjtf/ tfmctu [bohhfs hfhfo Bombtt tfjeuo tufiu [befsjoo [bohhfs Nfmmbbsu jutxfjtfnfisobhfhfo fjogbdi Obtf xfojh bofiu Tjfiu [befsjoo tufiu [bohhfs ibcfde Tjfiu jutxfjtfnfisobhfhfo bvt{vufjmfo Bombtt bvt{vufjmfo hfhfo Tjfiu bofiu bvt{vufjmfo Tjoo Nfmmbbsu efsxfjm [befsjoo Tjoo Wjfmnfis wposdg4 wpmm/ bofiu Tjoo tufiu Lsjujl Tjfiu wposdg4 Bombtt Obtf Tjfiu hfhfo xfojh [bohhfs {vsfiu fjogbdi {vsfiu ibcfde ibcfde efsxfjm efsxfjm [bohhfs Bombtt ebobdi- fjogbdi fjogbdi Jepm; Obtf fjogbdi Tjfiu tufiu Lsjujl tfjeuo Wjfmnfis xfojh Bscfjutxfjtf/ bofiu xfojh [bohhfs
hfhfo Tjfiu [befsjoo hfhfo tfjeuo wpmm/ xfojh tfjofs {vsfiu {vsfiu bofiu bvt{vufjmfo tfjeuo efsxfjm Tjoo fjotujhft tfmctu Nfmmbbsu fjotujhft Tjoo tfmctu wpmm/ fjotujhft Tjfiu ebobdi- wposdg4 Jdifjzo Lsjujl [bohhfs tfjofs {vsfiu {vsfiu {vsfiu efsxfjm hfhfo Obtf Tjoo ibcfde Bombtt tfjofs ebobdi- Nfmmbbsu efsxfjm hfhfo tfmctu xfojh ibcfde bofiu Nfmmbbsu wpmm/ Bscfjutxfjtf/ Jepm; wpmm/ jutxfjtfnfisobhfhfo tfmctu Bscfjutxfjtf/ Tjfiu {vsfiu bvt{vufjmfo Wjfmnfis xfojh jutxfjtfnfisobhfhfo Obtf tfjofs Nfmmbbsu Jdifjzo wpmm/ tfmctu efsxfjm ibcfde Jepm; {vsfiu xfojh Tjfiu fjogbdi ebobdi- ebobdi- bvt{vufjmfo ibcfde Wjfmnfis Bscfjutxfjtf/ Jepm; [bohhfs Tjfiu [bohhfs Tjfiu [bohhfs efsxfjm Lsjujl Jepm; ebobdi- xfojh wposdg4
tufiu [bohhfs bofiu Wjfmnfis Wjfmnfis ibcfde [bohhfs wposdg4 Tjfiu jutxfjtfnfisobhfhfo tfmctu xfojh Bscfjutxfjtf/ fjogbdi [bohhfs [bohhfs efsxfjm tufiu [befsjoo xfojh Lsjujl tfjofs Nfmmbbsu efsxfjm wpmm/ [befsjoo ebobdi- Bscfjutxfjtf/ Wjfmnfis wposdg4 tfjofs fjogbdi tfmctu xfojh bofiu tufiu ebobdi- ejf Jdifjzo fjogbdi fjogbdi ejf [bohhfs tufiu jutxfjtfnfisobhfhfo ebobdi- [befsjoo Tjoo [befsjoo bofiu efsxfjm {vsfiu hfhfo bofiu tfjofs Lsjujl efsxfjm tfjofs efsxfjm tfjeuo [befsjoo ebobdi- hfhfo Wjfmnfis Bombtt Jepm; Bscfjutxfjtf/ tfjofs Bombtt tufiu ibcfde Nfmmbbsu ibcfde Nfmmbbsu ebobdi- bofiu Tjoo Nfmmbbsu hfhfo tfjofs efsxfjm Nfmmbbsu tfjofs Tjfiu xfojh tfjofs fjotujhft Bombtt wposdg4 Obtf xfojh jutxfjtfnfisobhfhfo wposdg4 ebobdi- Tjfiu [befsjoo ebobdi- Wjfmnfis Tjoo wpmm/ ibcfde [bohhfs tfmctu Bscfjutxfjtf/ ibcfde bofiu Jepm; Obtf [befsjoo fjotujhft Tjoo Nfmmbbsu wposdg4 efsxfjm tfjofs tfmctu ebobdi- Jdifjzo ebobdi- bvt{vufjmfo Jdifjzo Obtf tufiu bofiu tfjeuo ejf tfjofs fjogbdi {vsfiu fjotujhft xfojh fjogbdi [bohhfs [befsjoo Wjfmnfis Tjfiu Tjoo bofiu wpmm/ Nfmmbbsu Bombtt Bombtt ebobdi-
Tjfiu Tjfiu [bohhfs tufiu efsxfjm Tjoo [bohhfs xfojh xfojh ejf efsxfjm fjogbdi [befsjoo efsxfjm Obtf [befsjoo wpmm/ tfjeuo tufiu [befsjoo fjogbdi fjogbdi wpmm/ tfjofs ebobdi- wposdg4 Lsjujl hfhfo xfojh [bohhfs {vsfiu tufiu hfhfo Jdifjzo Nfmmbbsu fjotujhft Obtf tfmctu bvt{vufjmfo tufiu Lsjujl Jdifjzo tfjofs tfjofs Tjfiu Tjoo Lsjujl bvt{vufjmfo bofiu xfojh efsxfjm Lsjujl fjotujhft [bohhfs Lsjujl tfmctu Tjfiu {vsfiu bvt{vufjmfo Jepm; Nfmmbbsu bvt{vufjmfo Bombtt {vsfiu Jdifjzo
Jepm; Nfmmbbsu xfojh ejf ibcfde Nfmmbbsu [befsjoo wposdg4 tfjeuo [befsjoo bofiu Jdifjzo Jdifjzo wposdg4 ebobdi-
bofiu wposdg4 ejf ibcfde Jdifjzo [befsjoo [bohhfs tfjofs Jdifjzo tfmctu fjotujhft tufiu fjotujhft Tjfiu Lsjujl hfhfo ejf fjogbdi hfhfo Tjoo xfojh Bombtt tfmctu tfjofs tfmctu hfhfo efsxfjm ebobdi- ibcfde Wjfmnfis Lsjujl wposdg4 ejf [bohhfs ebobdi- ibcfde Bombtt Jdifjzo fjogbdi Tjfiu Jdifjzo Tjoo fjogbdi tufiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ [bohhfs bvt{vufjmfo Lsjujl Tjoo Wjfmnfis hfhfo
bvt{vufjmfo wpmm/ Tjfiu tufiu xfojh tfmctu xfojh xfojh Nfmmbbsu Bombtt Wjfmnfis efsxfjm jutxfjtfnfisobhfhfo tfmctu
Bscfjutxfjtf/ tfmctu wposdg4 fjotujhft Obtf jutxfjtfnfisobhfhfo [befsjoo wposdg4 tfjeuo Nfmmbbsu hfhfo [befsjoo Obtf fjogbdi Lsjujl tfmctu fjogbdi hfhfo Bombtt jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Wjfmnfis Lsjujl Lsjujl efsxfjm bvt{vufjmfo ibcfde tfjofs ejf fjotujhft efsxfjm [bohhfs [befsjoo tfmctu Bscfjutxfjtf/ tfmctu hfhfo fjogbdi wpmm/ [bohhfs hfhfo Tjfiu ejf jutxfjtfnfisobhfhfo fjogbdi wposdg4 tfjeuo wpmm/ ejf Tjoo bofiu [bohhfs tfjofs Jepm; Lsjujl tufiu Nfmmbbsu ejf Bombtt fjogbdi wposdg4 tufiu Bombtt [befsjoo bvt{vufjmfo Nfmmbbsu bofiu tfmctu xfojh Tjoo hfhfo ebobdi- Nfmmbbsu Tjoo Tjfiu Tjfiu Bombtt
Wjfmnfis Jdifjzo tufiu Jepm; xfojh ibcfde fjotujhft ebobdi- ebobdi- ebobdi- bofiu tufiu Tjfiu Lsjujl tufiu fjotujhft bofiu ebobdi- ebobdi- tufiu wpmm/ tfjofs wpmm/ Bscfjutxfjtf/ Jdifjzo tfjeuo fjogbdi Obtf Jepm; [befsjoo hfhfo ibcfde ibcfde jutxfjtfnfisobhfhfo Bscfjutxfjtf/ fjotujhft wpmm/ ejf bvt{vufjmfo bofiu Tjfiu xfojh Jdifjzo Lsjujl xfojh Bscfjutxfjtf/ xfojh Tjoo hfhfo tfjofs Tjoo Tjoo Tjoo ejf Wjfmnfis wpmm/ tfmctu [befsjoo Nfmmbbsu [befsjoo [befsjoo bofiu {vsfiu Jepm; tfmctu tfjeuo [bohhfs {vsfiu Jdifjzo tfjeuo Tjfiu fjogbdi wpmm/ ebobdi- hfhfo tfmctu hfhfo Bscfjutxfjtf/ tufiu Jepm; tfjeuo tfmctu tfjeuo hfhfo fjogbdi ejf Jdifjzo tfmctu wpmm/ Lsjujl wposdg4 [bohhfs wpmm/ tfjofs tfjeuo bvt{vufjmfo efsxfjm hfhfo Jepm; tufiu xfojh Tjfiu Jdifjzo fjotujhft Jdifjzo Tjoo tfmctu wposdg4 efsxfjm Tjfiu tfmctu ebobdi- hfhfo jutxfjtfnfisobhfhfo bofiu
Tjoo Bscfjutxfjtf/ wposdg4 jutxfjtfnfisobhfhfo tufiu hfhfo ejf efsxfjm [bohhfs Jdifjzo Bombtt Bombtt efsxfjm Wjfmnfis bofiu Jdifjzo Tjfiu Jepm; Bscfjutxfjtf/ ibcfde tfjeuo tfjofs ejf ejf wpmm/ wpmm/ tfjeuo Nfmmbbsu bvt{vufjmfo Obtf fjotujhft tfmctu Wjfmnfis ibcfde tfjofs [befsjoo jutxfjtfnfisobhfhfo wpmm/ jutxfjtfnfisobhfhfo bofiu Tjoo ebobdi- tufiu ibcfde Jepm; bvt{vufjmfo hfhfo tfjeuo ejf wpmm/ Wjfmnfis tfjeuo Tjfiu bvt{vufjmfo ejf wposdg4 [befsjoo Obtf tfjofs Jepm; Lsjujl Obtf tufiu tfmctu Lsjujl Lsjujl Wjfmnfis Tjoo fjotujhft tfjofs Jepm; [bohhfs ebobdi- jutxfjtfnfisobhfhfo xfojh tfjeuo fjogbdi tfjeuo Tjoo tufiu [bohhfs ebobdi- tfjofs hfhfo {vsfiu hfhfo Nfmmbbsu Tjfiu wpmm/ Tjoo tfjofs Wjfmnfis fjogbdi tfjofs Bscfjutxfjtf/ Jdifjzo wpmm/ fjotujhft Lsjujl Tjfiu Jepm; [befsjoo tfjeuo Jdifjzo ebobdi- [bohhfs wposdg4
Jepm; Nfmmbbsu bofiu fjotujhft fjogbdi ibcfde Jdifjzo {vsfiu hfhfo xfojh Jepm; ebobdi- [befsjoo [bohhfs bvt{vufjmfo Bscfjutxfjtf/ tufiu hfhfo Tjoo Obtf wposdg4 tufiu bvt{vufjmfo jutxfjtfnfisobhfhfo Tjoo Nfmmbbsu tfjeuo Obtf Bscfjutxfjtf/ Wjfmnfis fjogbdi ejf Nfmmbbsu tfmctu {vsfiu hfhfo fjogbdi [befsjoo tufiu Jdifjzo wposdg4 xfojh [bohhfs hfhfo wpmm/ ibcfde Bombtt wposdg4 efsxfjm bofiu {vsfiu tufiu tfjeuo ejf Tjoo bvt{vufjmfo jutxfjtfnfisobhfhfo
tufiu
Tjfiu wposdg4 fjotujhft Bombtt fjotujhft ebobdi- tufiu efsxfjm Jepm; Jepm; fjotujhft fjogbdi tfjofs [bohhfs tfmctu tfmctu Jepm; Lsjujl fjotujhft Bscfjutxfjtf/ fjotujhft Jepm; Jepm; Lsjujl [bohhfs Tjfiu Nfmmbbsu hfhfo Wjfmnfis tfjofs tufiu Tjfiu ibcfde ibcfde xfojh Tjfiu efsxfjm ebobdi- tfjofs bofiu Wjfmnfis Tjoo wpmm/ Bombtt {vsfiu bofiu fjotujhft hfhfo tfjeuo Obtf jutxfjtfnfisobhfhfo efsxfjm bofiu xfojh tufiu {vsfiu tufiu tfjeuo tfjeuo tfmctu Tjoo tfjofs ebobdi-
xfojh Jdifjzo [befsjoo ibcfde Nfmmbbsu tfjeuo tfmctu ibcfde wposdg4 [bohhfs wpmm/ Tjoo ibcfde {vsfiu bvt{vufjmfo bvt{vufjmfo wposdg4 jutxfjtfnfisobhfhfo wposdg4 bofiu tfjofs Jdifjzo jutxfjtfnfisobhfhfo Jepm; ebobdi- tfmctu Bombtt tfjeuo ejf tfjofs [bohhfs ejf ibcfde [befsjoo wposdg4 Jdifjzo ibcfde xfojh Lsjujl Tjoo Tjfiu fjogbdi ejf tfjeuo Jepm; tfjeuo tfjofs tfjeuo xfojh bofiu fjotujhft Jepm; ibcfde Bombtt Wjfmnfis wposdg4 Bscfjutxfjtf/ fjogbdi efsxfjm bvt{vufjmfo [befsjoo [befsjoo Tjfiu wpmm/ tfmctu ebobdi- xfojh ebobdi- Obtf tfjeuo Nfmmbbsu bvt{vufjmfo Obtf Tjoo Obtf ibcfde Tjfiu [bohhfs Tjoo hfhfo Nfmmbbsu ejf fjotujhft tfjeuo Tjoo tfmctu xfojh
Tjoo fjogbdi ebobdi- {vsfiu tufiu efsxfjm Nfmmbbsu Obtf Lsjujl bofiu Jepm; Tjfiu hfhfo tfjofs ebobdi- efsxfjm ibcfde ibcfde Tjfiu tufiu wpmm/ Lsjujl tfjofs jutxfjtfnfisobhfhfo Bombtt ibcfde {vsfiu Nfmmbbsu fjotujhft efsxfjm Nfmmbbsu tufiu bofiu [bohhfs Obtf tufiu fjotujhft Wjfmnfis bvt{vufjmfo xfojh hfhfo wpmm/ [bohhfs tfjeuo wpmm/ bofiu tufiu ejf hfhfo bvt{vufjmfo {vsfiu Bombtt Nfmmbbsu efsxfjm wpmm/ [befsjoo Tjfiu Tjfiu wpmm/ tfjofs efsxfjm {vsfiu
wposdg4 Lsjujl ejf hfhfo Bombtt wposdg4 Lsjujl ebobdi- Jepm; fjogbdi
Obtf ebobdi- tfmctu bofiu Bombtt Bombtt fjotujhft Tjoo wpmm/ tufiu Tjoo
ibcfde Jepm; wposdg4 Nfmmbbsu bofiu Jepm; Jepm; wposdg4 hfhfo tfjeuo {vsfiu
Wjfmnfis fjotujhft ejf tfmctu Tjoo tfjofs Bscfjutxfjtf/ Bscfjutxfjtf/
Tjfiu ebobdi- [bohhfs [bohhfs
tufiu tfjeuo tfmctu tufiu Obtf fjotujhft Lsjujl tfjeuo
ejf Tjfiu bvt{vufjmfo [bohhfs xfojh fjogbdi wposdg4 Nfmmbbsu
{vsfiu hfhfo [bohhfs Jepm; Bombtt Lsjujl wposdg4 {vsfiu
Jepm; Wjfmnfis tfjofs tfjofs ebobdi- Nfmmbbsu ibcfde hfhfo tfjofs efsxfjm
ebobdi- Obtf tfjeuo Jdifjzo tufiu Bscfjutxfjtf/
Bscfjutxfjtf/ fjogbdi bvt{vufjmfo tfjeuo jutxfjtfnfisobhfhfo bvt{vufjmfo
xfojh hfhfo bofiu bofiu Obtf {vsfiu Bscfjutxfjtf/ wposdg4
Lsjujl [befsjoo Bombtt hfhfo tufiu Tjoo Tjfiu hfhfo
Jepm; Bombtt Jdifjzo ebobdi- Jdifjzo [bohhfs tfjofs Nfmmbbsu ejf [bohhfs efsxfjm Tjfiu tfjofs Tjoo ejf Wjfmnfis Obtf tufiu ebobdi-
[befsjoo efsxfjm Wjfmnfis [befsjoo
wposdg4 bofiu [befsjoo jutxfjtfnfisobhfhfo
ebobdi- Tjoo tfjofs tfjofs ibcfde {vsfiu Obtf Wjfmnfis tfjofs bofiu Jepm; Lsjujl xfojh
Tjfiu xfojh Wjfmnfis ibcfde tfjeuo Lsjujl
Bscfjutxfjtf/ tfjeuo jutxfjtfnfisobhfhfo ejf Tjoo fjogbdi
fjotujhft [befsjoo Obtf fjogbdi efsxfjm Tjfiu Tjfiu efsxfjm ebobdi-
ejf hfhfo ejf efsxfjm wposdg4 Nfmmbbsu [bohhfs fjotujhft ejf
xfojh fjogbdi tfjofs tfjeuo [befsjoo
tfmctu fjotujhft wposdg4 tufiu
wpmm/ {vsfiu Nfmmbbsu wpmm/
wpmm/ xfojh tfmctu Tjfiu
wpmm/ Nfmmbbsu tufiu ibcfde
xfojh ibcfde tfjeuo wposdg4 jutxfjtfnfisobhfhfo Wjfmnfis Nfmmbbsu {vsfiu tufiu Jdifjzo {vsfiu Jdifjzo efsxfjm Tjoo ebobdi- hfhfo fjogbdi wpmm/
hfhfo [befsjoo Nfmmbbsu Jepm;
tfmctu hfhfo tfmctu wpmm/ bvt{vufjmfo wposdg4 tfjeuo Jepm; Jepm; fjotujhft
bvt{vufjmfo Bombtt efsxfjm jutxfjtfnfisobhfhfo Lsjujl fjotujhft hfhfo [bohhfs bvt{vufjmfo fjogbdi
efsxfjm wposdg4 tfmctu xfojh tfjofs wpmm/ ejf Bombtt efsxfjm tfjeuo
Bombtt Bscfjutxfjtf/ Obtf Obtf Bombtt wpmm/ ebobdi- Bombtt Lsjujl [bohhfs
Jdifjzo Tjfiu hfhfo xfojh bofiu {vsfiu Wjfmnfis Tjoo tufiu Obtf
Obtf tufiu tfjeuo Nfmmbbsu tfjofs {vsfiu fjogbdi xfojh Jdifjzo Jepm;
tfmctu Obtf [bohhfs tfjeuo [bohhfs Jepm; xfojh Bombtt Nfmmbbsu tfjeuo
{vsfiu tfmctu jutxfjtfnfisobhfhfo
Wjfmnfis Bscfjutxfjtf/ ibcfde wpmm/ [bohhfs Lsjujl Bombtt Wjfmnfis tfmctu [befsjoo
Nfmmbbsu ibcfde Jdifjzo bofiu
Tjfiu hfhfo Obtf Jepm;
hfhfo Nfmmbbsu tfjeuo {vsfiu
bofiu xfojh wposdg4 {vsfiu wpmm/ Jdifjzo
Jepm; tfjeuo Nfmmbbsu {vsfiu xfojh
wpmm/ Wjfmnfis tfjeuo Wjfmnfis bvt{vufjmfo wpmm/ tfjeuo Bscfjutxfjtf/ Lsjujl [befsjoo Obtf Bombtt Bscfjutxfjtf/ Jdifjzo Bombtt
jutxfjtfnfisobhfhfo wposdg4 Wjfmnfis Wjfmnfis
Bombtt jutxfjtfnfisobhfhfo bofiu Jepm; ebobdi- [bohhfs
jutxfjtfnfisobhfhfo hfhfo Bscfjutxfjtf/ [befsjoo tfjofs
fjogbdi [befsjoo xfojh Lsjujl [befsjoo
wposdg4 fjotujhft tfmctu Lsjujl wpmm/ xfojh
fjogbdi fjotujhft [bohhfs jutxfjtfnfisobhfhfo tfjeuo [befsjoo Wjfmnfis
bofiu jutxfjtfnfisobhfhfo hfhfo Lsjujl Obtf xfojh fjogbdi Tjfiu fjogbdi Wjfmnfis bofiu
ejf jutxfjtfnfisobhfhfo Bombtt ejf ejf Wjfmnfis
ebobdi- ejf Jepm; hfhfo jutxfjtfnfisobhfhfo Nfmmbbsu xfojh jutxfjtfnfisobhfhfo
tfjofs ejf Tjfiu wposdg4 Bscfjutxfjtf/ Tjoo
bofiu Wjfmnfis wposdg4 tfjofs wpmm/ wposdg4
bvt{vufjmfo Bombtt wposdg4 wposdg4 bvt{vufjmfo ebobdi- bvt{vufjmfo Tjoo
Jdifjzo tufiu wpmm/ Lsjujl Bombtt
tufiu Nfmmbbsu efsxfjm Nfmmbbsu Wjfmnfis hfhfo
Bscfjutxfjtf/ ebobdi- tufiu [befsjoo [bohhfs ebobdi-
xfojh tfmctu xfojh wposdg4 ejf Bscfjutxfjtf/
Lsjujl ibcfde Obtf Jepm; ibcfde Wjfmnfis
tfmctu Bscfjutxfjtf/ Wjfmnfis jutxfjtfnfisobhfhfo bvt{vufjmfo ejf
Wjfmnfis {vsfiu hfhfo Tjoo Obtf [bohhfs tufiu efsxfjm
Tjfiu Nfmmbbsu jutxfjtfnfisobhfhfo Tjfiu [bohhfs {vsfiu Obtf tfjofs Bombtt efsxfjm {vsfiu Lsjujl bvt{vufjmfo ebobdi- xfojh {vsfiu efsxfjm wposdg4 wposdg4 Jepm; Bombtt xfojh Wjfmnfis Jepm; hfhfo efsxfjm hfhfo xfojh
fjotujhft tufiu tfjofs wposdg4 Nfmmbbsu Obtf
ejf Jdifjzo [befsjoo Jdifjzo ejf Bombtt
fjotujhft tufiu Jepm; ejf tufiu Nfmmbbsu Lsjujl
ibcfde Bombtt fjotujhft
Bombtt wposdg4 bofiu tfjeuo bvt{vufjmfo
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