'(6&5,(5(
6&23
$FHDVWăPD܈LQăVHXWLOL]HD]ăODWXQGHUHDLHUELLvQJRVSRGăULH
/DPDGHWăLHUHWUHEXLHVăILHDSUR[LPDWLYSDUDOHOăFXVROXO
7RDWHFHOHSDWUXURĠLWUHEXLHVăDWLQJăVROXOvQWLPSXOWXQGHULL
LHUELL
35(=(17$5(*(1(5$/Ă
)LJXUD
ÌQWUHUXSăWRUPDQHWă
%XWRQGHSRUQLUH
0kQHUVXSHULRU
0kQHULQIHULRU
8܈ăGHGHVFăUFDUHVSDWH
0DQHWăGHUHJODUHSHvQăOĠLPH
7UDSăFRPSDUWLPHQWDFXPXODWRU
&ROHFWRUGHLDUEă
'RSGHRSULUHDUHVWXULORUYHJHWDOH
-JKHDEGHHYDFXDUHODWHUDOă
&RPDQGăYLWH]ăGHDXWRSURSXOVLH
0DQHWăGHDXWRSURSXOVLH
%XWRQPkQHULQIHULRU
SR]L܊LLUHJODELOHPkQHULQIHULRU
%RO܊PkQHUVXSHULRU
%XWRQPkQHUVXSHULRU
7LMăGHXúă
&kUOLJDOFROHFWRUXOXLGHLDUEă
6HWGHDFXPXODWRUL
&KHLHGHVLJXUDQ܊ă
%RO܊ODPă
'LVWDQ܊LHU
/DPă
/,67$&20321(17(/25
0DúLQăGHWXQVLDUED
&ROHFWRUGHLDUEă
-JKHDEGHHYDFXDUH
ODWHUDOă
0DQXDO
5(*8/,*(1(5$/(35,9,1'
6,*85$1ğ$
$9(57,60(17
&LWL܊LFXDWHQ܊LHvQDLQWHGHXWLOL]DUH3ăVWUD܊LDFHVWPDQXDO
SHQWUXFRQVXOWăULYLLWRDUH
,16758,5(
&LWLĠLFXDWHQĠLHLQVWUXFĠLXQLOH
)DPLOLDUL]DĠLYăFXFRPHQ]LOH
úLFXXWLOL]DUHDFRUHFWăD
PDúLQLL
1XSHUPLWH܊LQLFLRGDWă
FRSLLORUSHUVRDQHORUFX
FDSDFLWă܊LIL]LFHVHQ]RULDOHVDX
PHQWDOHUHGXVHVDXOLSVLWHGH
H[SHULHQ܊ă܈LFXQR܈WLQ܊HVDX
SHUVRDQHORUQHIDPLOLDUL]DWHFX
DFHVWHLQVWUXF܊LXQLVăXWLOL]H]H
PD܈LQD5HJOHPHQWăULOHORFDOH
SRWUHVWULF܊LRQDYkUVWD
RSHUDWRUXOXL
5HĠLQHĠLFăRSHUDWRUXOVDX
XWLOL]DWRUXOHVWHUHVSRQVDELOGH
DFFLGHQWHOHVDXSHULFROHOHOD
FDUHVXQWVXSXVHDOWHSHUVRDQH
VDXEXQXULOHDFHVWRUD
1XXWLOL]DĠLQLFLRGDWăPDúLQD
vQWLPSFHVXQWRDPHQLPDL
DOHVFRSLLVDXDQLPDOHvQ
DSURSLHUH
35(*Ă7,5(
ÌQWLPSFHXWLOL]DĠLPDúLQD
SXUWDĠLvQWRWGHDXQD
vQFăOĠăPLQWHWUDLQLFăúL
SDQWDORQLOXQJL1XXWLOL]D܊L
PD܈LQDGHVFXO܊VDXFkQGSXUWD܊L
VDQGDOH(YLWD܊LSXUWDUHD
5RPkQă
52