ZZZHOHFWURPHQDJHUVJHFD
1HIURWWH]SDVHWQHQHWWR\H]SDV
OHMRLQWGHSRUWHFDULODXQHUpVLVWDQFH
H[WUrPHPHQWIDLEOHjO·DEUDVLRQ
6LYRXVUHPDUTXH]TX·LOGHYLHQWXVp
V·HIILORFKHHVWHQGRPPDJpGHTXHOTXH
IDoRQRXDpWpGpSODFpVXUODSRUWH
YRXVGHYULH]OHUHPSODFHU
3RXUQHWWR\HUO·LQWpULHXUGHODSRUWH
3XLVTXHODVHFWLRQjO·LQWpULHXUGXMRLQWVHQHWWRLH
GXUDQWOHF\FOHG·DXWRQHWWR\DJHDXFXQEHVRLQGH
OHQHWWR\HUjODPDLQ
/DVHFWLRQjO·H[WpULHXUGXMRLQWHWODGRXEOXUHGH
SRUWHVHQHWWRLHQWDYHFXQWDPSRQjUpFXUHUGH
SODVWLTXHRXUHPSOLGHVDYRQGHO·HDXFKDXGHHW
GXGpWHUJHQW5LQFH]ELHQDYHFXQHVROXWLRQGH
YLQDLJUHHWG·HDX
3RXUQHWWR\HUO·H[WpULHXUGHODSRUWH
8WLOLVH]GXVDYRQHWGHO·HDXSRXUELHQODYHU
OHGHVVXVOHVF{WpVHWO·DYDQWGHODSRUWHGX
IRXU5LQFH]ELHQ9RXVSRXYH]DXVVLXWLOLVHUXQ
QHWWR\DQWSRXUOHYHUUHSRXUQHWWR\HUOHYHUUHj
O·H[WpULHXUGHODSRUWH1HODLVVH]SDVO·HDXFRXOHU
GDQVOHVRXYHUWXUHVGHVpYHQWV
6LGHVWDFKHVVXUODJDUQLWXUHG·pYHQWGHODSRUWH
UHVWHQWXWLOLVH]XQQHWWR\DQWGRX[DEUDVLIHWXQ
UDFORLUpSRQJHSRXUGHPHLOOHXUVUpVXOWDWV
/HVPDULQDGHVOHVMXVGHIUXLWVOHVVDXFHV
WRPDWHVHWOHVSURGXLWVSRXUDUURVHUFRQWHQDQW
GHVDFLGHVSHXYHQWSURYRTXHUXQHGpFRORUDWLRQ
HWGRLYHQWrWUHHVVX\pVLPPpGLDWHPHQW/RUVTXH
ODVXUIDFHHVWIURLGHQHWWR\H]HWULQFH]
1·XWLOLVH]SDVGHQHWWR\DQWGHIRXUGHSRXGUHVGH
QHWWR\DJHRXG·DEUDVLIVIRUWVVXUO·H[WpULHXUGHOD
SRUWH
5HWUDLWGHODSRUWHGXIRXU
1HWWR\DJHGHODSRUWHGXIRXU
/DSRUWHHVWWUqVORXUGH$WWHQWLRQHQUHWLUDQW
HWVRXOHYDQWODSRUWH
1HVRXOHYH]SDVODSRUWHSDUODSRLJQpH
3RXUUHWLUHUODSRUWH
2XYUH]HQWLqUHPHQWODSRUWH
3RXVVH]OHVYHUURXVGHODFKDUQLqUHYHUVOH
EDVYHUVOHFDGUHGHSRUWHMXVTX·jODSRVLWLRQ
GpYHUURXLOOpH8QRXWLOFRPPHXQSHWLW
WRXUQHYLVjODPHSODWHSRXUUDLWrWUHQpFHVVDLUH
$JULSSH]IHUPHPHQWOHVGHX[F{WpVGHODSRUWH
VXUOHGHVVXV
)HUPH]ODSRUWHjODSRVLWLRQGHUHWUDLWGHOD
SRUWHVRLWjPRLWLpFKHPLQHQWUHODSRVLWLRQ
G·DUUrWGHJULOHWODSRVLWLRQHQWLqUHPHQW
RXYHUWH
6RXOHYH]ODSRUWHYHUVOHKDXWMXVTX·j
FHTXHOHEUDVGHFKDUQLqUHVRLWGpJDJpGHOD
IHQWH
3RXUUHSODFHUODSRUWH
$JULSSH]IHUPHPHQWOHVGHX[F{WpVGHODSRUWH
VXUOHGHVVXV
$YHFODSRUWHDXPrPHDQJOHTXH
ODSRVLWLRQGHUHWUDLWSODFH]O·HQIRQFHPHQW
GXEUDVGHFKDUQLqUHGDQVOHERUGLQIpULHXUGH
ODIHQWHGHODFKDUQLqUH/·HQFRFKHGXEUDVGH
FKDUQLqUHGRLWrWUHELHQLQVWDOOpHGDQVOHEDVGH
ODIHQWH
2XYUH]HQWLqUHPHQWODSRUWH6LODSRUWHQH
V·RXYUHSDVHQWLqUHPHQWO·HQIRQFHPHQWQH
V·LQVWDOOHSDVFRUUHFWHPHQWGDQVOHERUG
LQIpULHXUGHODIHQWH
3RXVVH]OHYHUURXGHODFKDUQLqUHYHUVOHKDXW
FRQWUHOHFDGUHDYDQWGHODFDYLWpGXIRXUHQ
SRVLWLRQYHUURXLOOpH
)HUPH]ODSRUWHGXIRXU
3RVLWLRQGHUHWUDLW
9HUURXGHFKDUQLqUH
)HQWH
7LUH]OHVYHUURXVGHODFKDUQLqUH
YHUVOHEDVSRXUGpYHUURXLOOHU
(QIRQFHPHQW
%RUG
LQIpULHXUGH
ODIHQWH
%UDVGHFKDUQLqUH
9HUURXGH
FKDUQLqUH
3RXVVH]OHVYHUURXVGHODFKDUQLqUH
YHUVOHKDXWSRXUYHUURXLOOHU
%UDVGH
FKDUQLqUH
