2SRPED
.DGDUþDVRYQLNSRNDåHPLQXWVHSUHNLQH
.RSRWHþHþDVVHXVWUH]QRNXKDOQRREPRþMHL]NORSL
ýHSULQDVWDYOMDQMXþDVDLQGLNDWRUXWULSDVHNXQGMH
QDVWDYOMHQþDVVDPRGHMQRSRWUMHQ
9QDþLQXþDVRYQLNDVH]LVWRþDVQLPSULWVNRPQDWLSNL
DOLQDVWDYLWHYPRþLSRYUQHQDþDVSDMHSUHNLQMHQ
9DUQRVWQLQDĀLQ
9QDPHQ]DJRWRYLWYHYDUQRVWLRWURNRPMHLQGXNFLMVND
SORãþDRSUHPOMHQD]QRWUDQMLP]DNOHSDQMHP
=DNOHSDQMH
9GHORYQHPQDþLQXSULWLVQLWHWLSNRNXKDOQDSORãþD
QDWRSUHLGHYQDþLQ]DNOHSDQMD1D]DVORQXVHSULNDåH
LQXSRUDEDRVWDOLKWLSNMHRQHPRJRþHQDUD]HQ
WLSNH
9VWDQMXSULSUDYOMHQRVWLSULWLVQLWHWLSNRORFNNXKDOQDSORãþD
SUHLGHYQDþLQ]DNOHSDQMD1D]DVORQXVHSULNDåHLQ
XSRUDEDRVWDOLKWLSNMHRQHPRJRþHQDýDVRYQLN]DQHNDM
þDVDSULNDåHQDWRVHL]NORSL
ýHSULWLVQLWHWLSNRVH]DQHNDMþDVDSULNDåH
2GNOHSDQMH
=DGUåLWHWLSNR/RFN]DWULVHNXQGHLQIXQNFLMD]DNOHSDQMD
VHGHDNWLYLUD
3RVHEQDIXQNFLMD
7LSND]D32ý$612.8+$1-(VWRSQMD
7LSND]D65('1-(.8+$1-(VWRSQMD
7LSND]D+,752.8+$1-(VWRSQMD
6WLSNDPLDOLYNORSLWHL]EUDQRREPRþMH
SULWLVQLWHWLSNR]D32ý$612.8+$1-(LGLNDWRUSULNDåH
SULWLVQLWHWLSNR]D65('1-(.8+$1-(LGLNDWRUSULNDåH
SULWLVQLWHWLSNR]D+,752.8+$1-(LGLNDWRUSULNDåH
6SRPLQVNDIXQNFLMD
6SRPLQVNRIXQNFLMRODKNRXSRUDEOMDWH]DVKUDQMHYDQMHQDVWDYLWYH
VWRSQMHPRþLLQWUDMDQMD]DHQRREPRþMH
6KUDQMHYDQMH
6WLSNDPDDOLL]EHULWHåHOMHQRNXKDOQRREPRþMHPHGWHP
NRXWULSDLQGLNDWRU]DVWRSQMRPRþL
3ULWLVQLWHWLSNRPHGWHPNRLQGLNDWRUþDVRYQLNDSULND]XMH
SRPHQLYVSRPLQXQLFLNODNXKDQMD=D
VHNXQGH]DGUåLWHVSRPLQVNRWLSNR.RVHQDLQGLNDWRUMX
þDVRYQLNDSULNDåHVH]DþQHVKUDQMHYDQMH
,QGLNDWRUVWRSQMHPRþLL]PHQLþQRSULND]XMHWHUVWRSQMR
PRþL
1DMYHþMHãWHYLORSRVWRSNRYMHVSUHPHPEVWRSQMHPRþLY
XUDK9VDNDVSUHPHPEDVWRSQMHPRþLNLWUDMDPDQMNRW
VHNXQGQHERVKUDQMHQD
3UHQHKDQMHVKUDQMHYDQMD
3RQRYQRSULWLVQLWHVSRPLQVNRWLSNRQD]DVORQXþDVRYQLNDQLYHþ
SULND]DQLQFLNHONXKDQMDVHVKUDQL
$/,
,]NORSLWHXVWUH]QRNXKDOQRREPRþMHWDNRGDLVWRþDVQRSULWLVQLWH
WLSNLLQDOLGDQDVWDYLWHVWRSQMRPRþLQDQHERYHþ
SULND]DQQDHNUDQXþDVRYQLNDLQFLNHONXKDQMDVHVKUDQL
$/,
2GVWUDQLWHSRVRGR]XVWUH]QHJDNXKDOQHJDREPRþMD.R
REPRþMH]D]QDGDVWHRGVWUDQLOLSRVRGRQD]DVORQXþDVRYQLND
QLYHþSULND]DQLQFLNHONXKDQMDVHVKUDQL
62 SI
1DYRGLOD]DXSRUDER