lv
25,ä,1Â/Â /,(72Ģ$1$6 ,16758.&,-$
6)& ತ$ 6NUĭYÕģDQDV XUEMPDģíQD DU
DNXPXODWRUX
3LUPV LHNÃUWDV OLHWRģDQDV QRWHLNWL L]OD
VLHW ģR LQVWUXNFLMX
9LHQPÕU X]JODEÃMLHW LQVWUXNFLMX NRSÃ DU
LHNÃUWX
-D LHNÃUWD WLHN QRGRWD FLWDL SHUVRQDL
LHNÃUWDL REOLJÃWL MÃSLHYLHQR DUí LQVWUXN
FLMD
6DWXUV
/DSSXVH
9LVSÃUÕMD LQIRUPÃFLMD
$SUDNVWV
,QVWUXPHQWL SLHGHUXPL
7HKQLVNLH SDUDPHWUL
'URģíED
/LHWRģDQDV X]VÃNģDQD
/LHWRģDQD
$SNRSH XQ X]WXUÕģDQD
7UDXFÕMXPX GLDJQRVWLND
1RNDOSRMXģR LQVWUXPHQWX XWLOL]ÃFLMD
,HNÃUWDV UDŀRWÃMD JDUDQWLMD
(. DWELOVWíEDV GHNODUÃFLMD
1
6NDLWþL QRUÃGD X] DWWLHFíJDMLHP DWWÕOLHP $W
WÕOL LU DWURGDPL OLHWRģDQDV SDPÃFíEDV YÃND DW
YÕUXPÃ /DVRW OLHWRģDQDV SDPÃFíEX WXULHW ģR
DWYÕUXPX SULHNģÃ
ĢíV OLHWRģDQDV LQVWUXNFLMDV WHNVWÃ DU YÃUGX LH
NÃUWD YLHQPÕU MÃVDSURW DU DNXPXODWRUX GDUEL
QÃPÃ VNUĭYÕģDQDV XUEMPDģíQD 6)& ತ$ YDL
6)& ತ$ DU QRILNVÕWX DNXPXODWRUD EORNX
,HNÃUWDV GDþDV YDGíEDV XQ LQGLNÃFLMDV HOH
PHQWL
1
@
ÂWUGDUEíEDV XUEMD ILNVÃFLMDV SDWURQD
;
*ULH]HV PRPHQWD XQ XUEģDQDV LHVWDWíģD
QDV JUHG]HQV
=
9DGíEDV VOÕG]LV DU HOHNWURQLVNX URWÃFLMDV
ÃWUXPD UHJXODWRUX
%
/DEÃ NUHLVÃ URWÃFLMDV YLU]LHQD SÃUVOÕG]ÕMV
&
'LYX SÃUQHVXPX SÃUVOÕG]ÕMV
(
/DPSD
)
5RNWXULV
+
$WEORùÕģDQDV WDXVWLĈL DU SDSLOGX IXQNFLMX
X]OÃGHV VWDWXVD LQGLNÃFLMDV DNWLYÕģDQX
§
8]OÃGHV VWDWXVD XQ WUDXFÕMXPX LQGLNÃFLMD
OLWLMD MRQX DNXPXODWRUD EORNDP
/
-RVWDV ÃùLV RSFLMD
9LVSÃUÕMD LQIRUPÃFLMD
6LJQÃOYÃUGL XQ WR QR]íPH
%5,(60$6
3LHYÕUģ X]PDQíEX GUDXGRģÃP EULHVPÃP NDV
YDU L]UDLVíW VPDJXV PLHVDV ERMÃMXPXV YDL QÃYL
%5ì',1Â-806
3LHYÕUģ X]PDQíEX LHVSÕMDPL EíVWDPDL VLWXÃFLMDL
NDV YDU L]UDLVíW VPDJDV WUDXPDV YDL SDW QÃYL
8=0$1ì%8
ĢR X]UDNVWX OLHWR ODL SLHYÕUVWX X]PDQíEX LHVSÕ
MDPL EíVWDPDL VLWXÃFLMDL NDV YDU L]UDLVíW WUDXPDV
YDL PDWHULÃOXV ]DXGÕMXPXV
125Â'ì-806
ĢR X]UDNVWX OLHWR OLHWRģDQDV QRUÃGíMXPLHP XQ
FLWDL QRGHUíJDL LQIRUPÃFLMDL
3LNWRJUDPPX VNDLGURMXPV XQ FLWL
QRUÃGíMXPL
%UíGLQÃMXPD ]íPHV
%UíGLQÃMXPV
SDU YLVSÃUÕMX
EíVWDPíEX
%UíGLQÃMXPV
SDU EíVWDPX
HOHNWULVNR
VSULHJXPX
%UíGLQÃMXPV
SDU NRGíJÃP
YLHOÃP
3LHQÃNXPX X]OLHNRģÃV ]íPHV
/LHWRMLHW
DL]VDUJEULOOHV
/LHWRMLHW
DL]VDUJùLYHUL
/LHWRMLHW
VNDĈDV
VOÃSÕWÃMXV
/LHWRMLHW DL]
VDUJFLPGXV
/LHWRMLHW
YLHJOX
HOSYDGX DL]
VDUJPDVNX
6LPEROL
3LUPV
OLHWRģDQDV
L]ODVLHW
LQVWUXNFLMX
9ROWL
/íG]VWUÃYD
1RPLQÃODLV
DSJULH]LHQX
VNDLWV
WXNģJDLWÃ
$SJULH]LHQX
VNDLWV PLQĭWÕ
8UEģDQD EH]
WULHFLHQX
IXQNFLMDV
1RGRGLHW
RWUUHL]ÕMDL
SÃUVWUÃGHL
,GHQWLILNÃFLMDV GDWX QRYLHWRMXPV X] LHNÃUWDV
7LSD DS]íPÕMXPV LU QRUÃGíWV X] LGHQWLILNÃFLMDV
GDWX SOÃNVQíWHV ]HP LHNÃUWDV NÃMDV EHW VÕULMDV
QXPXUV X] LHNÃUWDV NRUSXVD VÃQRV ,HUDNVWLHW
ģRV GDWXV OLHWRģDQDV LQVWUXNFLMÃ XQ YLHQPÕU QR
UÃGLHW NRQWDNWÕMRWLHV DU +LOWL SÃUVWÃYL YDL VHUYLVD
QRGDþX
7LSV
3DDXG]H
6ÕULMDV 1U
$SUDNVWV
,]PDQWRģDQD DWELOVWRģL SDUHG]ÕWDMLHP PÕUùLHP
6)& ತ$ YDL 6)& ತ$ LU PDQXÃOL YDGÃPD VNUĭYÕģDQDV XUEMPDģíQD DU DNXPXODWRUD EDURģDQX NDV
SDUHG]ÕWD VNUĭYMX LHVNUĭYÕģDQDL XQ L]VNUĭYÕģDQDL NÃ DUí XUEģDQDL WÕUDXGÃ NRNÃ XQ SODVWPDVÃ
1HGUíNVW DSVWUÃGÃW YHVHOíEDL NDLWíJXV PDWHULÃOXV SLHPÕUDP D]EHVWX
1HOLHWRMLHW DNXPXODWRUX EORNXV NÃ HQHUåLMDV DYRWX FLWÃP LHUíFÕP NDP WLH QDY SDUHG]ÕWL
$L]OLHJWV YHLNW QHVDQNFLRQÕWDV PDQLSXOÃFLMDV YDL L]PDLĈDV LHNÃUWÃ
/DL L]YDLUíWRV QR VDYDLQRģDQÃV L]PDQWRMLHW WLNDL RULåLQÃORV +LOWL SLHGHUXPXV XQ LQVWUXPHQWXV
,HYÕURMLHW OLHWRģDQDV LQVWUXNFLMDV QRUÃGíMXPXV SDU LHNÃUWDV OLHWRģDQX DSNRSL XQ HNVSOXDWÃFLMDV
VWÃYRNþD X]WXUÕģDQX
,HNÃUWD LU SDUHG]ÕWD SURIHVLRQÃOÃP YDMDG]íEÃP XQ WR GUíNVW DSNDOSRW DSNRSW XQ UHPRQWÕW WLNDL
NRPSHWHQWV XQ DWWLHFíJL DSPÃFíWV SHUVRQÃOV 3HUVRQÃODP MÃEĭW ODEL LQIRUPÕWDP SDU LHVSÕMDPLHP
ULVNLHP NDV YDU UDVWLHV GDUED ODLNÃ ,HNÃUWD XQ WÃV SDSLOGDSUíNRMXPV YDU UDGíW EíVWDPDV VLWXÃFLMDV
MD WR OLHWR QHSDUHL]L YDL X]WLF QHDSPÃFíWDP SHUVRQÃODP
,HVSÕMDPÃ OLHWRMXPD MRPD EĭYREMHNWV GDUEQíFD UHPRQWGDUEL SÃUEĭYH XQ MDXQFHOWQHV
,QVWUXPHQWD SDWURQD
ÂWUGDUEíEDV ILNVÃFLMDV XUEMD SDWURQD
337
338
SFC22_A_SFC14_A_P1A_01_12_2010.qxd 2.12.2010 16:20 Uhr Se
