8WLOLVHUODIRQFWLRQ6DEEDWK
&RQoXHSRXUOH6DEEDWKHWOHV*UDQGHV)rWHVMXLYHVVXUFHUWDLQHVPRGqOHV
/DIRQFWLRQ6DEEDWKSHXWVHUYLUVHXOHPHQWVRXVFXLUHU{WLU(OOHQHSHXWVHUYLUSRXUODFRQYH[LRQJULODXWRQHWWR\DJH
RXGpPDUUDJHUHWDUGp
5(0$548(
ODOXPLqUHGXIRXUV·DOOXPHDXWRPDWLTXHPHQWORUVTXHODSRUWHV·RXYUHHWV·pWHLQWORUVTX·HOOHVHIHUPH/·DPSRXOHSHXWrWUH
UHWLUpH5HSRUWH]YRXVjODVHFWLRQ5HPSODFHUODOXPLqUHGXIRXU6XUOHVPRGqOHVjFRPPXWDWHXUVXUOHSDQQHDX
GHFRQWU{OHODOXPLqUHGXIRXUSHXWrWUHDOOXPpHHWODLVVpHDOOXPpH
&RPPHQWUpJOHUOHIRXUSRXUFXLVLQHURXU{WLUGHPDQLqUHUpJXOLqUH
$VVXUH]YRXVTXHO·KRUORJHPRQWUHODERQQHKHXUHHW
TXHOHIRXUHVWpWHLQW
(QIRQFH]HWWHQH]HQIRQFpHVOHVWRXFKHV
%52,/
+,/2JULOOHUjKDXWHEDVVHWHPSpUDWXUH
HW
%$.(FXLVVRQ
HQPrPHWHPSVMXVTX·jFHTXH
O·DIILFKDJHLQGLTXH
6)
5(0$548(
VLEDNHFXLVVRQRXEURLOJULOOHU
V·DIILFKHOHVWRXFKHV
%52,/+,/2JULOOHUj
KDXWHEDVVHWHPSpUDWXUH
HW
%$.(FXLVVRQ
Q·RQWSDVpWpHQIRQFpHVHQPrPHWHPSV
(QIRQFH]ODWRXFKH
&/($52))DQQXODWLRQ
DUUrW
HWUHFRPPHQFH]
(QIRQFH]ODWRXFKH
'(/$<67$57GpPDUUDJH
UHWDUGp
MXVTX·jFHTXH
6$EE$W+
V·DIILFKH
(QIRQFH]ODWRXFKH
67$57GpPDUUHU
HW
V·DIILFKH
(QIRQFH]ODWRXFKH
%$.(FXLVVRQ
$XFXQ
VLJQDOGRQQp
8WLOLVH]OHVWRXFKHVQXPpULTXHVHWHQWUH]OD
WHPSpUDWXUHYRXOXHHQWUH&HW&
)HW)$XFXQVLJQDORXWHPSpUDWXUH
DIILFKp
(QIRQFH]ODWRXFKH
67$57GpPDUUHU
$SUqVXQHSpULRGHGHGpODLDOpDWRLUH
G·HQYLURQVHFRQGHVjPLQXWH
V·DIILFKHUDLQGLTXDQWTXHOHIRXUHVWjFXLUH
U{WLU6L
QHV·DIILFKHSDVFRPPHQFH]j
QRXYHDXjO·pWDSH
3RXUDMXVWHUODWHPSpUDWXUHGXIRXUHQIRQFH]
ODWRXFKH
%$.(FXLVVRQ
HWHQWUH]ODQRXYHOOH
WHPSpUDWXUHXWLOLVDQWOHVWRXFKHVQXPpULTXHVHW
HQIRQFH]ODWRXFKH
67$57GpPDUUHU
5(0$548(OHVWRXFKHV
&/($52))DQQXODWLRQ
DUUrW
HW
&22.,1*7,0(WHPSVGHFXLVVRQ
IRQFWLRQQHURQWGXUDQWODIRQFWLRQ6DEEDWK
/RUVTXHO·DIILFKDJHLQGLTXH
OHIRXUHVWUpJOpj6DEEDWK
/RUVTXHO·DIILFKDJHLQGLTXH
OH
IRXUHVWUpJOpjFXLUHU{WLU
&RPPHQWUpJOHUFXLUHU{WLUjPLQXWHULH²GpPDUUDJHLPPpGLDWHWDUUrW
DXWRPDWLTXH
$VVXUH]YRXVTXHO·KRUORJHPRQWUHODERQQHKHXUHHW
TXHOHIRXUHVWpWHLQW
(QIRQFH]HWWHQH]HQIRQFpHVOHVWRXFKHV
%52,/
+,/2JULOOHUjKDXWHEDVVHWHPSpUDWXUH
HW
%$.(FXLVVRQ
HQPrPHWHPSVMXVTX·jFHTXH
O·DIILFKDJHLQGLTXH
6)
5(0$548(
VLEDNHFXLVVRQRXEURLOJULOOHU
V·DIILFKHOHVWRXFKHV
%52,/+,/2JULOOHUj
KDXWHEDVVHWHPSpUDWXUH
HW
%$.(FXLVVRQ
Q·RQWSDVpWpHQIRQFpHVHQPrPHWHPSV
(QIRQFH]ODWRXFKH
&/($52))DQQXODWLRQ
DUUrW
HWUHFRPPHQFH]
(QIRQFH]ODWRXFKH
'(/$<67$57GpPDUUDJH
UHWDUGp
MXVTX·jFHTXH
6$EE$W+
V·DIILFKH
(QIRQFH]ODWRXFKH
67$57GpPDUUHU
HW
V·DIILFKH
(QIRQFH]ODWRXFKH
&22.,1*7,0(WHPSVGH
FXLVVRQ
(QIRQFH]OHVWRXFKHVQXPpULTXHVSRXUFKRLVLU
ODGXUpHGHFXLVVRQYRXOXHHQWUHPLQXWHHW
KHXUHVHWPLQXWHV/HWHPSVGHFXLVVRQ
HQWUpV·DIILFKHUD
(QIRQFH]ODWRXFKH
67$57GpPDUUHU
(QIRQFH]ODWRXFKH
%$.(FXLVVRQ
$XFXQ
VLJQDOGRQQp
8WLOLVH]OHVWRXFKHVQXPpULTXHVHWHQWUH]OD
WHPSpUDWXUHYRXOXH$XFXQVLJQDORX
WHPSpUDWXUHDIILFKp
(QIRQFH]ODWRXFKH
67$57GpPDUUHU
$SUqVXQHSpULRGHGHGpODLDOpDWRLUH
G·HQYLURQVHFRQGHVjPLQXWH
V·DIILFKHUDLQGLTXDQWTXHOHIRXUHVWjFXLUH
U{WLU6L
QHV·DIILFKHSDVFRPPHQFH]j
QRXYHDXjO·pWDSH
3RXUDMXVWHUODWHPSpUDWXUHGXIRXUHQIRQFH]
ODWRXFKH
%$.(FXLVVRQ
HWHQWUH]ODQRXYHOOH
WHPSpUDWXUHXWLOLVDQWOHVWRXFKHVQXPpULTXHVHW
HQIRQFH]ODWRXFKH
67$57GpPDUUHU
ODILQGHODFXLVVRQO·DIILFKDJHFKDQJHUDGH
j
HWDSSDUDvWUDLQGLTXDQWTXHOHIRXUHVWpWHLQW
PDLVHQFRUHUpJOpj6DEEDWK5HWLUH]OHVDOLPHQWV
/RUVTXHO·DIILFKDJHLQGLTXH
OHIRXUHVWUpJOpj6DEEDWK
/RUVTXHO·DIILFKDJHLQGLTXH
OH
IRXUHVWUpJOpjFXLUHU{WLU