82
1DFLĤQLM NUyWNR SU]\FLVN ]DWU]\P\ZDQLD
GR PRPHQWX XVã\V]HQLD NRPXQLNDWX
Å$QQRXQFHPHQWµ
1DFLĤQLMLSU]\WU]\PDMSU]\FLVNZLDGRPRĤFLSRZLWDOQHM
GRPRPHQWXXVã\V]HQLDV\JQDãX
GĮZLčNRZHJR
>
1D Z\ĤZLHWODF]X SRMDZL VLč WHNVW Å2*0 5(&25',1*µ L OLF]QLN ZLDGRPRĤFL UR]SRF]QLH
RGOLF]DQLH
5R]SRF]QLMQDJU\ZDQLHZLDGRPRĤFLSRZLWDOQHM0yZEH]SRĤUHGQLRGRPLNURIRQXED]\]
RGOHJãRĤFLRNRãRFP
3R ]DNRęF]HQLX PyZLHQLD QDFLĤQLM SU]\FLVN ]DWU]\P\ZDQLD
DE\ ]DNRęF]\þ
QDJU\ZDQLH
>
1DZ\ĤZLHWODF]XSRMDZLVLčWHNVWÅ3/$<2*0µLQDJUDQDZLDGRPRĤþ]RVWDQLHRGWZRU]RQD
ZFHOX]DWZLHUG]HQLD
12.3
1DJU\ZDQLHZLDGRPRĤFLSRZLWDOQHM
3R XVWDZLHQLX ZLDGRPRĤFL SRZLWDOQHM SRQRZQLH QDFLĤQLM NUyWNR SU]\FLVN ]DWU]\P\ZDQLD
8Vã\V]\V]NRPXQLNDWÅ$QQRXQFHPHQWµ
1DFLĤQLMLSU]\WU]\PDMSU]\FLVNZLDGRPRĤFLSRZLWDOQHM
GRPRPHQWXXVã\V]HQLDV\JQDãX
GĮZLčNRZHJR
>
1D Z\ĤZLHWODF]X SRMDZL VLč WHNVW Å2*0 5(&25',1*µ L OLF]QLN ZLDGRPRĤFL UR]SRF]QLH
RGOLF]DQLH
5R]SRF]QLMQDJU\ZDQLHZLDGRPRĤFLSRZLWDOQHM0yZEH]SRĤUHGQLRGRPLNURIRQXED]\]
RGOHJãRĤFLRNRãRFP
3R ]DNRęF]HQLX PyZLHQLD QDFLĤQLM SU]\FLVN ]DWU]\P\ZDQLD
DE\ ]DNRęF]\þ
QDJU\ZDQLH
>
1DZ\ĤZLHWODF]XSRMDZLVLčWHNVWÅ3/$<2*0µLQDJUDQDZLDGRPRĤþ]RVWDQLHRGWZRU]RQD
ZFHOX]DWZLHUG]HQLD
12.4
3U]HãĈF]DQLHPLčG]\ZLDGRPRĤFLDPLSRZLWDOQ\PL
1DFLĤQLM L ]ZROQLM SU]\FLVN ]DWU]\P\ZDQLD
DE\ SU]HãĈF]Dþ PLčG]\ ZLDGRPRĤFLDPL
SRZLWDOQ\PLL
>
$XWRPDW\F]QDVHNUHWDUNDQLHQDJU\ZDZLDGRPRĤFLSRZ\EUDQLXZLDGRPRĤFLSRZLWDOQHM
-HĤOLFKFHV]DE\UR]PyZF\SR]RVWDZLDOLZLDGRPRĤFLZ\ELHU]ZLDGRPRĤþSRZLWDOQĈ
12.5
:ãĈF]DQLHZ\ãĈF]DQLHDXWRPDW\F]QHMVHNUHWDUNL
1DFLĤQLMLSU]\WU]\PDMSU]\FLVNZãĈF]DQLDZ\ãĈF]DQLD
DE\ZãĈF]\þDXWRPDW\F]QĈ
VHNUHWDUNč
>
=RVWDQLHRGWZRU]RQ\NRPXQLNDWÅ$QVZHULQJPDFKLQHRQ$QQRXQFHPHQWRQHµ
>
1DZ\ĤZLHWODF]XEčG]LHZ\ĤZLHWODQ\QDSU]HPLHQQLHWHNVWÅ$16:(5$µLLQIRUPDFMHR
SRãĈF]HQLDFKRUD]]DF]QLHĤZLHFLþNRQWURONDZLDGRPRĤFL
1DFLĤQLMLSU]\WU]\PDMSU]\FLVNZãĈF]DQLDZ\ãĈF]DQLD
DE\Z\ãĈF]\þDXWRPDW\F]QĈ
VHNUHWDUNč
>
=RVWDQLHRGWZRU]RQ\NRPXQLNDWÅ$QVZHULQJPDFKLQHRIIµ
>
1DZ\ĤZLHWODF]XEčG]LHZ\ĤZLHWODQ\QDSU]HPLHQQLHWHNVWÅ$16:(52))µLLQIRUPDFMHR
SRãĈF]HQLDFKDNRQWURONDZLDGRPRĤFL]JDĤQLH
