3UREOHPL
6KNDNXLPXQG
VKsP
=JMLGKMD
0DNLQDQGDORQ
JMDWsNRVLWMHV
/DUWsVLDHWHKXW
sVKWsVKXPsHXOsW
5ULWQLODUWsVLQsH
WHKXWSUHUMHV
%DWHULDQXNsVKWsH
NDULNXDU
.DULNRQLEDWHULQs
3UHUMHWHEDULW
QJMLWHQQsNXYHUWs
RVHWHK
+LTHQLSDNHWsQH
EDWHULVsGKHNRQ
WUROORQLNXYHUWsQ
7HPSHUDWXUDH
IXQNVLRQLPLWWs
PDNLQsVsVKWs
VKXPsHODUWs
)WRKQLPDNLQsQ
1sVHQXNPXQGWsJMHQL]JMLGKMHQSsUNsWRSUREOHPH
NRQWDNWRQLGLVWULEXWRULQWXDM
7É'+É1$7(.1,.(
7HQVLRQLLSsUVK
WDWVKsP
9'&9PD[
3DVKSHMWsVLQJDUN
HVH
UPLQ
*MHUsVLDHSUHUMHV PP
/DUWsVLDHSUHUMHV
PP
.DSDFLWHWLLNDSs
VLWWsEDULW
/
3HVKDSDEDWHUL
NJ
1LYHOLLPDWXUL
SUHVLRQLWWs
]KXUPsV
/
3$
G%$. G%$
1LYHOLLJDUDQWXDUL
IXTLVsVs]KXUPsV
/
:$G
G%$
0RGHOLLEDWHULVs
/%3/%3
0RGHOLLNDULNXHVLW /&
'ULGKMD
PVð. PVð
,3;
,3;
'(./$5$7$(
.21)250,7(7,7(.(
3URGKXHVL
<$0$%,.2&25325$7,21
$GUHVD
6XHKLURFKR2KPH7RN\R
-$321,$
3sUIDTsVXHVL
DXWRUL]XDU
&(57,),&$7,21(;3(576%9
=5LFKDUG*ODVHU
$GUHVD
$PHUODQGVHZHJ=&%UHXNHOHQ
+RODQGD
1H<$0$%,.2&RUSRUDWLRQGHNODURMPsQsQsSsUJMHJMsVLQs
WRQsWsYHWPHVHSURGXNWLLVSHFLILNXDUNsWXsVKWsQsSsUSXWKMH
PHGLUHNWLYDWHPsSRVKWPH
(PULLSURGXN
WLW
.RVLWsV/sQGLQH
0DUND
(&+2
0RGHOLLVKLW
MHYH
'/03
1XPULLVHULVs 8GHULQs8
'LUHNWLYDW
6WDQGDUGHW3URFHGXUDHKDUPRQL]XDU
(&
(1$(1
(1
(8
(1$(1
(8
(1,(&
(&
6KWRMFD9,
(&
(1,62,62
1LYHOLLIXTLVs
Vs]KXUPsV
,PDWXUG%$,JDUDQWXDUG%$
7RNLR7HWRU
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
+LVDVKL.RED\DVKL0HQD[KHUL3sUJMLWKVKsP
'HSDUWDPHQWLLJDUDQWLPLWWsFLOsVLVs
<$0$%,.2&25325$7,21
'(./$5$7$(
.21)250,7(7,7(0%
3URGKXHVL
<$0$%,.2&25325$7,21
$GUHVD
6XHKLURFKR2KPH7RN\R
-$321,$
3sUIDTsVXHVL
DXWRUL]XDU
8.&$([SHUWV/WG
=5LFKDUG*ODVHU
$GUHVD
'HSW2ZVWRQ5RDG&DUFURIW'RQ
FDVWHU'1'$0EUHWsULDH%DVKNXDU
6KTLS
64