68
2SLVSLORWD]GDOQHJRVWHURZDQLD
3U]\FLVN7XUER
1DFLVQąüWHQSU]\FLVNZWU\ELH&+à2'=(1,(
OXE2*5=(:$1,(DE\ZáąF]\üIXQNFMĊ7XUER
ZHQW\ODWRUDZ\VRNDSUĊGNRĞüREURWRZDFR
VSRZRGXMHĪHNOLPDW\]DWRUEĊG]LHSUDFRZDá
]PDNV\PDOQąPRFą
1DFLVQąüSRQRZQLHSU]\FLVNDE\DQXORZDü
G]LDáDQLHIXQNFML
3U]\FLVN;)DQ
1DFLVQąüSU]\FLVN;)DQDE\ZáąF]\üIXQNFMĊ
VDPRF]\QQHJRF]\V]F]HQLD3RZ\áąF]HQLX
XU]ąG]HQLDZHZQĊWU]Q\ZHQW\ODWRUEĊG]LH
NRQW\QXRZDáSUDFĊSU]H]PLQXWDE\RVXV]\ü
MHGQRVWNĊZHZQĊWU]QąL]DSRELHFUR]ZRMRZLSOHĞQL
LEDNWHULL
3U]\FLVN7LPHU2Q&]DVZáąF]HQLD
1DFLVQąüWHQSU]\FLVNDE\XVWDZLüF]DVZáąF]HQLD
3U]\FLVN7LPHU2II&]DVZ\áąF]HQLD
1DFLVQąüWHQSU]\FLVNDE\XVWDZLüF]DVZ\áąF]HQLD
3U]\FLVN6ZLQJ5XFKĪDOX]ML
3RQDFLĞQLĊFLXWHJRSU]\FLVNXĪDOX]MDZ\ORWRZD
]DF]QLHDXWRPDW\F]QLHZ\NRQ\ZDüUXFKZDKDGáRZ\
ZJyUĊLZGyá1DFLVQąüSRQRZQLHSU]\FLVNDE\
DQXORZDüG]LDáDQLHIXQNFML±ĪDOX]MDSR]RVWDQLHZ
VZRLPRVWDWQLPSRáRĪHQLX
3U]\FLVN,)HHO
1DFLVQąüWHQSU]\FLVNDE\SLORW]GDOQHJR
VWHURZDQLDFRPLQXWSU]HV\áDáGRMHGQRVWNL
ZHZQĊWU]QHMLQIRUPDFMHRWHPSHUDWXU]H8U]ąG]HQLH
EĊG]LHGąĪ\üGRRVLąJQLĊFLDXVWDZLRQHMWHPSHUDWXU\
ZPLHMVFXJG]LH]QDMGXMHVLĊSLORW1DFLVQąü
SRQRZQLHSU]\FLVNDE\DQXORZDüWĊIXQNFMĊ
3U]\FLVNVWHUXMąF\
=ZLĊNV]HQLH
=PQLHMV]HQLH
1DFLVQąüSU]\FLVN DE\]ZLĊNV]\üXVWDZLHQLH
WHPSHUDWXU\
1DFLVQąüSU]\FLVN DE\]PQLHMV]\üXVWDZLHQLH
WHPSHUDWXU\
.RU]\VWDMąF]IXQNFMLSURJUDPDWRUDF]DVXZáąF]HQLD
Z\áąF]HQLDOXE]HJDUDQDOHĪ\XĪ\üW\FKSU]\FLVNyZ
ZFHOXXVWDZLHQLD]HJDUDOXESURJUDPDWRUDF]DVX
3U]\FLVN&ORFN=HJDU
3RQDFLĞQLĊFLXWHJRSU]\FLVNX]DF]QLHPLJDüV\PERO
]HJDUD 1DFLVNDMąFSU]\FLVNLVWHUXMąFH L
PRĪQDXVWDZLüĪąGDQ\F]DV
3U]\FLVN7HPS7HPSHUDWXUD
1DFLVQąüWHQSU]\FLVNDE\]DPLDVWXVWDZLRQHM
ZDUWRĞFLWHPSHUDWXU\QDZ\ĞZLHWODF]XSLORWD
]GDOQHJRVWHURZDQLDE\áDZ\ĞZLHWODQDDNWXDOQD
WHPSHUDWXUDZSRPLHV]F]HQLX
3U]\FLVN(FRWU\EHNRQRPLF]Q\
1DFLVQąüWHQSU]\FLVNDE\ZáąF]\üWU\E
HNRQRPLF]Q\=DOHFDVLĊZáąF]DQLHJRQDF]DVVQX
1DFLVQąüSRQRZQLHSU]\FLVNDE\DQXORZDü
G]LDáDQLHIXQNFML
8ZDJD
:WU\ELHRJU]HZDQLDQDFLVQąüSU]\FLVNL7HPS
L&ORFNDE\ZáąF]\üIXQNFMĊXWU]\P\ZDQLD
WHPSHUDWXU\ZSRPLHV]F]HQLXQDSR]LRPLH&
$872
2686=$1,(
:(17</$&-$
&+à2'=(1,(
2*5=(:$1,(
3U]\FLVN:à:<à
1DFLVQąüWHQSU]\FLVNDE\ZáąF]\üOXEZ\áąF]\ü
NOLPDW\]DWRU
3U]\FLVN0RGH7U\E
1DFLVNDMąFWHQSU]\FLVNPRĪQDNROHMQRZ\EUDü
WU\E\$8722686=$1,(:(17</$&-$
&+à2'=(1,(L2*5=(:$1,(IXQNFMD
RJU]HZDQLDQLHMHVWGRVWĊSQDZHZV]\VWNLFK
PRGHODFK
:FKZLOLZáąF]HQLDXU]ąG]HQLDGRP\ĞOQLHZ\EUDQ\
MHVWWU\E$872
:WU\ELH$872SRF]ąWNRZDZDUWRĞüQLHMHVW
Z\ĞZLHWODQDLXU]ąG]HQLHSUDFXMHZFHOXX]\VNDQLD
SRĪąGDQHMWHPSHUDWXU\
:WU\ELH2*5=(:$1,(ZVWĊSQLHXVWDZLRQD
WHPSHUDWXUDZ\QRVL&
:LQQ\FKWU\EDFKZVWĊSQLHXVWDZLRQDWHPSHUDWXUD
Z\QRVL&
3U]\FLVN/LJKW:\ĞZLHWODF]
1DFLĞQLĊFLHWHJRSU]\FLVNXSRZRGXMHZáąF]HQLH
OXEZ\áąF]HQLHG]LDáDQLDZ\ĞZLHWODF]DMHGQRVWNL
ZHZQĊWU]QHM
'RP\ĞOQLHG]LDáDQLHZ\ĞZLHWODF]DMHVWZáąF]RQH
3U]\FLVN)DQ:HQW\ODWRU
1DFLVNDMąFWHQSU]\FLVNPRĪQDZ\EUDüNROHMQR
QDVWĊSXMąFHXVWDZLHQLDSUĊGNRĞFLZHQW\ODWRUD
$XWR1LVNDĝUHGQLDL:\VRND
:FKZLOLZáąF]HQLDXU]ąG]HQLDGRP\ĞOQLH
XVWDZLRQDMHVWSUĊGNRĞü$XWR
:WU\ELH2686=$1,(SUĊGNRĞüZHQW\ODWRUDMHVW
VWDOHXVWDZLRQDQDZDUWRĞü1LVND
7LPHU2Q
7LPHU2II
6ZLQJ
,)HHO
(FR
)DQ
/LJKW
7XUER
;)DQ
7HPS
&ORFN
0RGH
