Návod na obsluhu

Transkript

Návod na obsluhu
1iYRGQDREVOXKX
$0$]
(.
(.6+
5R]PHWDGOD
5R]PHWDGORSUR]LPQt~GUåEX
VLOQLF
3 HGXYHGHQtPVWURMHGR
SURYR]XVLSURþW WHDGRGUåXMWH
QiYRGQDREVOXKX
8VFKRYHMWHMHMSURSR]G Mãt
SRXåtYiQt
0*
%$*
3ULQWHGLQ*HUPDQ\
(.6
1(60Ì0(
VKOHGiYDW HWEXDMHGQiQtGOHQiYRGXQDREVOXKX
QHSRKRGOQìP D QDGE\WH QìP QHER QHSRVWD t
SRX]H Y\VOHFKQRXW VL RG RVWDWQtFK çH MH XU LWì
VWURM GREUì QDWR VH ]YHGQRXW D MtW MHM NRXSLW D
S LWRP Y LW çH Q\Qt MLç EXGH YåH IXQJRYDW
DXWRPDWLFN\ 3 tVOXåQì XçLYDWHO VWURMH E\ SDN
S LYRGLO åNRGX QHMHQ ViP VRE QìEUç E\ VH WDNp
GRSXVWLO Wp FK\E\ çH E\ S t LQX HYHQWXiOQtKR
QH~VS FKXS L tWDOQDYUXEVWURMLQDPtVWRQDYUXE
VYpQHG VOHGQRVWL$E\FKRPVLE\OLMLVWL~VS FKHP
VYpKR LQ Qt PXVtPH ]DE HGQRXW GR SRVOHGQtFK
SRGUREQRVWt SRS VH LQIRUPRYDW QD ~ HO
NRQNUpWQtKR]D t]HQtQDVWURMLD]tVNDW]UX QRVW
S L PDQLSXODFL VQtP 7HSUYH SRWp QDEXGHPH
SRFLWX VSRNRMHQRVWL MDN VH VWURMHP WDN VH VHERX
VDPìP$SUiY QDSOQ QtWRKRWR]iP UXMHFtOHP
S HGNOiGDQpKRQiYRGXQDREVOXKX
/HLS]LJ3ODJZLW]
(.(.6%$*
,GHQWLILNDþQt~GDMH
,GHQWLILNDþQt~GDMH
9êUREFH
$0$=21(1:(5.(
+'5(<(5*PE+&R.*
,GHQWþVWURMH
7\S
(.(.6
3 tSXVWQêWODNYV\VWpPX>EDU\@
0D[EDU
5RNYêURE\
=iYRG
=iNODGQtKPRWQRVW>NJ@
3 tSXVWQiFHONRYiKPRWQRVW>NJ@ 0D[XåLWHþQêQiNODG>NJ@
$GUHVDYêUREFH
$0$=21(1:(5.(
+'5(<(5*PE+&R.*
3RVWIDFK
' +DVEHUJHQ
7HO
)D[
(PDLO
DPD]RQH#DPD]RQHGH
2EMHGQiYiQtQiKUDGQtFKGtO $0$=21(1:(5.(
+'5(<(5*PE+&R.*
3RVWIDFK
' +DVEHUJHQ
7HO
)D[
(PDLO
HW#DPD]RQHGH
.DWDORJQiKUDGQtFKGtO RQOLQHZZZDPD]RQHGH
3 LREMHGQiYiQtQiKUDGQtFKGtO SURVtPYåG\XYiG MWHþtVOR9DãHKR
VWURMH
6SHFLILNDFHQiYRGXQDREVOXKX
ýtVORGRNXPHQWX
0*
'DWXPY\GiQt
©&RS\ULJKW$0$=21(1:(5.(+'5(<(5*PE+&R.*
9ãHFKQDSUiYDY\KUD]HQD
'RWLVNQDS LMHQþiVWLGRNXPHQWXMHS tSXVWQêSRX]HVHVRXKODVHP
VSROHþQRVWL$0$=21(1:(5.(+'5(<(5*PE+&R.*
(.(.6%$*
3 HGPOXYD
3 HGPOXYD
9iåHQê]iND]QtNX
UR]KRGOMVWHVHSURMHGHQ]QDãLFKNYDOLWQtFKYêUREN ]QHS HEHUQp
SDOHW\YêUREN VSROHþQRVWL$0$=21(1:(5.(+'UH\HU*PE+
&R.*' NXMHPH9iP]D9DãLG Y UX
3RGRGiQtVWURMHVHSURVtPS HVY GþWH]GDS LS HSUDY QHGRãORN
SRãNR]HQtVWURMHDMHKRNRPSRQHQWD]GDQ NWHUpGtO\QHFK\E Mt
=NRQWUROXMWHNRPSOHWQtY\EDYHQtGRGDQpKRVWURMHYþHWQ REMHGQDQpKR
QDGVWDQGDUGQtKRS tVOXãHQVWYtQD]iNODG GRGDFtKROLVWX3RX]HRNDPåLWi
UHNODPDFH9iP]DMLVWtQiKUDGXY]QLNOpãNRG\
3 HGSUYQtPXYHGHQtPVWURMHGRSURYR]XVLSURþW WHWHQWRQiYRGQD
REVOXKXDGRGUåXMWHXVWDQRYHQtYQ PXYHGHQi]YOiãW SDN
EH]SHþQRVWQtSRN\Q\3RSHþOLYpPS HþWHQtP åHWHSOQ Y\XåtYDW
S HGQRVWt9DãHKRQRY SR t]HQpKRVWURMH
=DMLVW WHSURVtPDE\VHVWtPWRQiYRGHPQDREVOXKXVH]QiPLO\
YHãNHUpRVRE\VHVWURMHPSUDFXMtFtG tYHQHåVWURMXYHGRXGR
SURYR]X
9S tSDG HYHQWXiOQtFKRWi]HNþLY\VN\WQXYãtFKVHSUREOpP VHLQIRUPXMWH
YWRPWRQiYRGXQDREVOXKXQHERQiPSURVW ]DYROHMWH
3UDYLGHOQRX~GUåERXDYþDVQRXYêP QRXRSRW HEHQêFKSRS SRãNR]HQêFKGtO ]YêãtWHåLYRWQRVWVYpKRVWURMH
+RGQRFHQtXåLYDWHO 9iåHQiþWHQi NRYiåHQêþWHQi L
QDãHQiYRG\QDREVOXKXVHSUDYLGHOQ DNWXDOL]XMt3URVW HGQLFWYtP
VYêFK]OHSãRYDFtFKQiYUK SRP åHWHY\WYi HWVWiOHNYDOLWQ MãtQiYRG
QDREVOXKX6YpQiYUK\QiPSURVtP]DVtOHMWHID[HP
$0$=21(1:(5.(
+'5(<(5*PE+&R.*
3RVWIDFK
' +DVEHUJHQ
7HO
)D[
(PDLO
DPD]RQH#DPD]RQHGH
(.(.6%$*
2EVDK
3RN\Q\SURXåLYDWHOH ÒþHOGRNXPHQWX 6P URYp~GDMHYQiYRGXQDREVOXKX 3RXåtYDQêSRSLV 2EHFQpEH]SHþQRVWQtSRN\Q\ 3RYLQQRVWLD]iUXND 3UH]HQWDFHEH]SHþQRVWQtFKV\PERO 2UJDQL]DþQtRSDW HQt %H]SHþQRVWQt]D t]HQtDNU\W\ 1HIRUPiOQtEH]SHþQRVWQtRSDW HQt .YDOLILNDFHREVOXK\VWURMH %H]SHþQRVWQtRSDW HQtYQRUPiOQtPSURYR]X 5L]LND]S VREHQi]E\WNRYRXHQHUJLt ÒGUåEDDSpþHRVWURMRGVWUD RYiQtSRUXFK .RQVWUXNþQt]P Q\ 1iKUDGQtDRSRW HELWHOQpGtO\LSRPRFQêPDWHULiO ýLãW QtDGHSRQRYiQtPDWHULiO 3UDFRYLãW REVOXK\VWURMH 9êVWUDåQpãWtWN\DRVWDWQtR]QDþHQtQDVWURML 8PtVW QtYêVWUDåQêFK]QDþHNDRVWDWQtFKLGHQWLILNDþQtFKãWtWN 5L]LNDS LQHGRGUåRYiQtEH]SHþQRVWQtFKSRN\Q 3UiFHYVRXODGXVEH]SHþQRVWQtPLS HGSLV\ %H]SHþQRVWQtSRN\Q\SURREVOXKX 2EHFQpEH]SHþQRVWQtDSUHYHQWLYQtSRN\Q\ +\GUDXOLFNp]D t]HQt (OHNWULFNp]D t]HQt ÒGUåEDRSUDY\DSpþHRVWURM 3URYR]YêYRGRYpKRK tGHOH 3URYR]UR]PHWDGOD 3 HNOiGNDVWURMH 3RSLVSURGXNWX 3 HKOHGNRPSRQHQW 3URSRMRYDFtNDEHO\PH]LWUDNWRUHPDVWURMHP 'RSUDYQ WHFKQLFNpY\EDYHQt 1iOHåLWpSRXåtYiQtVWURMH 1HEH]SHþQpREODVWLVWURMH %H]SHþQRVWQt]D t]HQtDNU\W\ 6KRGDVPH]LQiURGQtPLVP UQLFHPL 7\SRYêãWtWHND]QDþND&( 7HFKQLFNp~GDMH 3RW HEQpY\EDYHQtWUDNWRUX ÒGDMHRKODGLQ DNXVWLFNpKRKOXNX .RQVWUXNFHDIXQNFHVWURMH 2YOiGiQtKUDGtWHN 5R]PHWDFtNRWRXþ 5KUZHUN (.62PH]HQtSUDFRYQtKR]iE UX (.(.6%$*
2EVDK
8YHGHQtVWURMHGRSURYR]X 3UYQtXYHGHQtVWURMHGRSURYR]X 9êSRþHWVNXWHþQêFKKRGQRWSURFHONRYRXKPRWQRVWWUDNWRUX]DWtåHQtQiSUDYWUDNWRUXD
~QRVQRVWLSQHXPDWLNLSRW HEQpKRPLQLPiOQtKR]DWtåHQt
3 L]S VREHQtNORXERYpKRK tGHOHNWUDNWRUX 3 LSRMHQtDRGSRMHQtVWURMH 3 LSRMHQtVWURMH +\GUDXOLND 2VY WOHQt 2GSRMHQtVWURMH
6H L]RYiQt 6H L]RYiQtYêãN\S LSRMHQt 1DVWDYHQtUR]PHWDQpKRPQRåVWYt (.6.RQWURODUR]PHWDQpKRPQRåVWYt (.61DVWDYHQtSUDFRYQtKR]iE UX
3 HSUDYD
3RXåtYiQtVWURMH
3OQ QtVWURMH 5R]PHWiQt
3RUXFKD
ÒGUåEDRSUDY\DSpþHRVWURM ýLãW QtVWURMH 0D]DFtSOiQ
9êP QDUR]PHWDFtFKORSDWHN
9êP QDKODY\þHFKUDþH +\GUDXOLFNp]D t]HQt 0RQWiåDGHPRQWiåK\GUDXOLFNêFKKDGLF 'RWDKRYDFtPRPHQW\XãURXE 5R]PHWDFtWDEXOND(.6
5R]PHWDFtWDEXOND(. 2ELOtRVLYR (.(.6%$*
3RN\Q\SURXåLYDWHOH
3RN\Q\SURXåLYDWHOH
.DSLWRODÄ3RN\Q\SURXåLYDWHOH³REVDKXMHLQIRUPDFHSURSUiFLV
QiYRGHPQDREVOXKX
ÒþHOGRNXPHQWX
3 HGNOiGDQêQiYRGQDREVOXKX
•
SRSLVXMHREVOXKXD~GUåEXVWURMH
9iPVNêWiG OHåLWpLQIRUPDFHREH]SHþQpD~þLQQpPDQLSXODFL
VHVWURMHP
•
MHVRXþiVWtVWURMHDPXVtEêWQDVWURMLSRS YWUDNWRUXYåG\N
GLVSR]LFL
•
XVFKRYHMWHSUREXGRXFtSRXåLWt
6P URYp~GDMHYQiYRGXQDREVOXKX
•
9HãNHUpVP URYp~GDMHREVDåHQpYWRPWRQiYRGXQDREVOXKXVH
UR]XPtYåG\SRVP UXMt]G\
3RXåtYDQêSRSLV
-HGQiQtREVOXK\DUHDNFH
3U E KMHGQiQtREVOXK\VWURMH]Qi]RU XMHPHMDNRþtVORYDQêVH]QDP
6OHGSUDFRYQtFKRSHUDFtVHPXVtGRGUåRYDW5HDNFHQDNRQNUpWQt
LQVWUXNFLSURPDQLSXODFLMHHYHQWXiOQ R]QDþHQiãLSNRX3 tNODG
,QVWUXNFHSURMHGQiQt
5HDNFHVWURMHQDLQVWUXNFLSURMHGQiQt
,QVWUXNFHSURMHGQiQt
9êþHW
9êþHWEH]QXWQpKRVOHGXVHSUH]HQWXMHMDNRVH]QDPVH
]D]QDPHQDQêPLERG\3 tNODG
•
%RG
•
%RG
2GND]QDþtVODSRORåHNQDREUi]FtFK
ýtVOLFHYNXODWêFK]iYRUNiFKSRXND]XMtQDþtVODSRORåHNYREUi]FtFK
3UYQtþtVOLFHRGND]XMHQDREUi]HNGUXKiþtVOLFHQDþtVORSRORåN\QD
REUi]NX
3 tNODGREU
(.(.6%$*
•
2EUi]HN
•
3RORåND
2EHFQpEH]SHþQRVWQtSRN\Q\
2EHFQpEH]SHþQRVWQtSRN\Q\
7DWRNDSLWRODREVDKXMHG OHåLWpSRN\Q\SURQiOHåLWêEH]SHþQêSURYR]
VWURMH
3RYLQQRVWLD]iUXND
'RGUåXMWHSRN\Q\XYHGHQpYQiYRGXQDREVOXKX
=QDORVW]iNODGQtFKEH]SHþQRVWQtFKSRN\Q DEH]SHþQRVWQtFK
S HGSLV MH]iNODGQtPS HGSRNODGHPSURQiOHåLWRXEH]SHþQRX
PDQLSXODFLVHVWURMHPDSURMHKREH]SRUXFKRYêSURYR]
3RYLQQRVWLSURYR]RYDWHOHVWURMH
3URYR]RYDWHOVH]DYD]XMHåHVHVWURMHPQDVWURMLQHFKiSUDFRYDW
SRX]HRVRE\NWHUp
•
MVRXVH]QiPHQ\VH]iNODGQtPLS HGSLV\WêNDMtFtPLVH
EH]SHþQRVWLSUiFHDSUHYHQFHS HG~UD]\
•
E\O\]DãNROHQ\GRSUREOHPDWLN\SUiFHVHVWURMHPQDVWURML
•
VLSURþHWO\DSRUR]XP O\WRPXWRQiYRGXQDREVOXKX
3URYR]RYDWHOVH]DYD]XMHåH
•
EXGHXGUåRYDWYHãNHUpYêVWUDåQp]QDþN\QDVWURMLYþLWHOQpP
VWDYX
•
REQRYtSRãNR]HQpYêVWUDåQp]QDþN\
3RYLQQRVWLREVOXK\VWURMH
9HãNHUpRVRE\NWHUpMVRXSRY HQ\SUDFtVHVWURMHPQDVWURMLVH
]DYD]XMtåHS HG]DþiWNHPSUDFRYQtþLQQRVWL
•
EXGRXGRGUåRYDW]iNODGQtS HGSLV\EH]SHþQRVWLSUiFHD
SUHYHQWLYQtS HGSLV\
•
SURVWXGXMtDEXGRXGRGUåRYDWNDSLWROX2EHFQpEH]SHþQRVWQt
SRN\Q\YWRPWRQiYRGXQDREVOXKX
•
SURVWXGXMtNDSLWROX9êVWUDåQpãWtWN\DRVWDWQt]QDþHQtQDVWURML
VWUDQDYWRPWRQiYRGXQDREVOXKXDåHEXGRXS LSURYR]X
VWURMHGRGUåRYDWEH]SHþQRVWQtSRN\Q\XYHGHQpQDYêVWUDåQêFK
ãWtWFtFK
•
%XGHWHOLPtWRWi]N\SDNVHSURVtPREUD WHQDYêUREFH
(.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
5L]LNDS LPDQLSXODFLVHVWURMHP
6WURMMHNRQVWUXRYiQQD]iNODG QHMQRY MãtFKWHFKQLFNêFKSR]QDWN D
X]QiYDQêFKEH]SHþQRVWQ WHFKQLFNêFKSUDYLGHO3 HVWRPRKRX
Y]QLNDWS LSRXåtYiQtVWURMHUL]LNDDGRFKi]HWNRKURåHQt
•
]GUDYtDåLYRWDREVOXK\QHERW HWtFKRVRE
•
VWURMHVDPRWQpKR
•
MLQêFKY FQêFKKRGQRW
6WURMSRXåtYHMWHSRX]H
•
SURY\NRQiYiQtQiOHåLWpþLQQRVWL
•
YEH]YDGQpPWHFKQLFNpPVWDYX
1HSURGOHQ RGVWUD WHSRUXFK\NWHUpE\PRKO\QHJDWLYQ RYOLYQLW
SUDFRYQtEH]SHþQRVW
=iUXNDDUXþHQt]DYêUREHN
(.(.6%$*
9]iVDG SODWtQDãHÄ2EHFQpSURGHMQtDGRGDFtSRGPtQN\³7\Pi
XåLYDWHONGLVSR]LFLQHMSR]G MLYRNDPåLNXX]DY HQtVPORXY\=iUXþQt
SRåDGDYN\DSRåDGDYN\QDSRVN\WQXWtUXþHQtYS tSDG ]UDQ QtRVRE
DSRãNR]HQtPDMHWNXMVRXY\ORXþHQ\YS tSDG SRNXGVRXYLVt
VMHGQRXQHERVQ NROLND]QtåHXYHGHQêFKS tþLQ
•
1HQiOHåLWpSRXåtYiQtVWURMH
•
1HRGERUQ SURYiG QiPRQWiåXYHGHQtGRSURYR]XREVOXKDD
~GUåEDVWURMH
•
3URYR]VWURMHVYDGQêPEH]SHþQRVWQtP]D t]HQtPQHER
VQHVSUiYQ XPtVW QêPQHERQHIXQNþQtPEH]SHþQRVWQtP
]D t]HQtPDNU\W\
•
1HGRGUåRYiQtSRN\Q XYHGHQêFKYQiYRGXQDREVOXKX
WêNDMtFtFKVHXYiG QtVWURMHGRSURYR]XMHKRSURYR]XD~GUåE\
•
6YpYROQ SURYiG QpNRQVWUXNþQt]P Q\QDVWURML
•
1HGRVWDWHþQiNRQWURODNRPSRQHQWVWURMHNWHUpSRGOpKDMt
RSRW HEHQt
•
1HRGERUQ SURYiG QpRSUDY\
•
.DWDVWURILFNpVLWXDFHY\YRODQpS VREHQtPFL]tFKW OHVDY\ããt
PRFt
2EHFQpEH]SHþQRVWQtSRN\Q\
3UH]HQWDFHEH]SHþQRVWQtFKV\PERO %H]SHþQRVWQtSRN\Q\MVRXR]QDþHQ\WURM~KHOQtNRYêPEH]SHþQRVWQtP
V\PEROHPDVORYQtYêVWUDKRX6ORYQtYêVWUDKDQHEH]SHþtYêVWUDKD
SR]RUSRSLVXMHPtUXKUR]tFtKRUL]LNDDPiQiVOHGXMtFtYê]QDP
1HEH]SHþt
%H]SURVW HGQ KUR]tFtQHEH]SHþtåLYRWDD]GUDYtRVREW åNp
SRUDQ QtQHERVPUW
1HGRGUåRYiQtW FKWRSRN\Q EXGHPtW]DQiVOHGHNW åNp
RKURåHQt]GUDYtNWHUpP åHYpVWDåNRKURåHQtåLYRWD
9êVWUDKD
(YHQWXiOQ KUR]tFtQHEH]SHþtåLYRWDD]GUDYtRVRE
1HGRGUåRYiQtW FKWRSRN\Q P åHPtW]DQiVOHGHNW åNp
RKURåHQt]GUDYtNWHUpP åHYpVWDåNRKURåHQtåLYRWD
3R]RU
(YHQWXiOQtQHEH]SHþQiVLWXDFHOHKNpSRUDQ QtQHERY FQp
ãNRG\
1HGRGUåRYiQtW FKWRSRN\Q P åHYpVWNSRUXFKiPVWURMHþL
NY FQêPãNRGiP
' OHåLWp
3RYLQQRVWVP XMtFtNHVSHFLILFNpPXFKRYiQtQHERþLQQRVWL
]DP HQpQDRGERUQRXPDQLSXODFLVHVWURMHP
1HGRGUåRYiQtW FKWRSRN\Q P åHYpVWNSRUXFKiPVWURMHþL
NRKURåHQtRVREYMHKRRNROt
,QIRUPDFH
7LS\SURSRXåtYiQtVWURMHD]YOiã XåLWHþQpLQIRUPDFH
7\WRLQIRUPDFH9iPSRPRKRXRSWLPiOQtP]S VREHPY\XåtYDW
YãHFKQ\IXQNFH9DãHKRVWURMH
(.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
2UJDQL]DþQtRSDW HQt
3URYR]RYDWHOPXVtSRVN\WQRXWNGLVSR]LFLSRW HEQpRVREQtRFKUDQQp
SURVW HGN\MDNRQDS •
RFKUDQQpEUêOH
•
SUDFRYQtREXY
•
SUDFRYQtRG Y
•
SURVW HGN\QDRFKUDQXSRNRåN\DWG
' OHåLWp
1iYRGQDREVOXKX
x
XFKRYiYHMWHQHXVWiOHYPtVW SRXåtYiQtVWURMH
x
PXVtPtWREVOXKDDSHUVRQiOSURYiG MtFt~GUåEXNG\NROLY
NGLVSR]LFL
9SUDYLGHOQêFKLQWHUYDOHFKNRQWUROXMWHYHãNHUiEH]SHþQRVWQt
]D t]HQt
%H]SHþQRVWQt]D t]HQtDNU\W\
3 HGNDåGêPXYHGHQtPVWURMHGRSURYR]XPXVtEêWYHãNHUi
EH]SHþQRVWQtDRFKUDQQi]D t]HQtRGERUQ S LSRMHQDDPXVtEêWSOQ IXQNþQt9SUDYLGHOQêFKLQWHUYDOHFKNRQWUROXMWHYHãNHUiEH]SHþQRVWQt
]D t]HQtDNU\W\
1HVKRGQiEH]SHþQRVWQt]D t]HQt
1HVKRGQiþLGHPRQWRYDQiEH]SHþQRVWQtDRFKUDQQi]D t]HQtPRKRX
]DS tþLQLWY]QLNQHEH]SHþQêFKVLWXDFt
1HIRUPiOQtEH]SHþQRVWQtRSDW HQt
9HGOHYHãNHUêFKEH]SHþQRVWQtFKSRN\Q XYHGHQêFKYWRPWRQiYRGX
QDREVOXKX]RKOHGQ WHWDNpREHFQ SODWQpLPtVWQtEH]SHþQRVWQt
S HGSLV\DVP UQLFHSURRFKUDQXåLYRWQtKRSURVW HGt
3 LSURYR]XSRYH HMQêFKNRPXQLNDFtFKDFHVWiFKGRGUåXMWH]iNRQQp
S HGSLV\VLOQLþQtKRSURYR]X
(.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
.YDOLILNDFHREVOXK\VWURMH
6HVWURMHPVPtSUDFRYDWSRX]HY\ãNROHQêDSRXþHQêSHUVRQiO
-HGQR]QDþQ MHW HEDVWDQRYLWNRPSHWHQFHRVRESURREVOXKXD
SURYiG Qt~GUåE\VWURMH
=DãNRORYDQiRVREDVPtVHVWURMHPQDVWURMLSUDFRYDWSRX]HSRG
GRKOHGHP]NXãHQpRVRE\
2VRE\
6SHFLiOQ Y\ãNROHQi
RVRED
3RXþHQi
REVOXKD
2VRE\VHVSHFLiOQtP
RGERUQêPY]G OiQtP
PHFKDQLN
3 HNOiGNDS HSUDYD
;
;
;
8YiG QtVWURMHGRSURYR]X
;
6H L]RYiQtS tSUDYDNSUiFL
;
3URYR]
;
ÒGUåED
;
9\KOHGiYiQtDRGVWUD RYiQtSRUXFK
;
;
'HSRQRYiQtSURYR]QtFKSURVW HGN ;
ýLQQRVW
/HJHQGD
;SRYROHQR
QHSRYROHQR
9HãNHURX~GUåEXDRSUDY\PXVtSURYiG WDXWRUL]RYDQêVHUYLVSRNXGMHR]QDþHQêGRY WNHP
ÄDXWRUL]RYDQêVHUYLV³3HUVRQiODXWRUL]RYDQpKRVHUYLVXGLVSRQXMHSRW HEQêPL]QDORVWPLLYKRGQêPL
SUDFRYQtPLSRP FNDPLQiVWURMH]YHGiN\RS UQp]D t]HQtSURRGERUQpDEH]SHþQpSURYiG Qt
~GUåE\DRSUDY
%H]SHþQRVWQtRSDW HQtYQRUPiOQtPSURYR]X
6HVWURMHPSUDFXMWHSRX]HYS tSDG MVRXOLYHãNHUiEH]SHþQRVWQtD
RFKUDQQi]D t]HQtSOQ IXQNþQt
0LQLPiOQ MHGQRXGHQQ NRQWUROXMWH]GDVWURMQHY\ND]XMHYQ Mãt
SRãNR]HQtD]GDMVRXEH]SHþQRVWQtDRFKUDQQi]D t]HQtIXQNþQt
5L]LND]S VREHQi]E\WNRYRXHQHUJLt
8Y GRPWHVLåHVH]HVWURMHXYRO XMH]E\WNRYiPHFKDQLFNi
K\GUDXOLFNiSQHXPDWLFNiDHOHNWULFNiHOHNWURQLFNi]E\WNRYiHQHUJLH
8þL WHS LWRPS tVOXãQiRSDW HQtS L]DãNRORYiQtREVOXK\VWURMH
'HWDLOQtSRN\Q\QDOH]QHWHWDNpYMHGQRWOLYêFKNDSLWROiFKWRKRWR
QiYRGXQDREVOXKX
(.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
ÒGUåEDDSpþHRVWURMRGVWUD RYiQtSRUXFK
9S HGHSVDQêFKþDVRYêFKLQWHUYDOHFKSURYiG MWHS tVOXãQp
VH L]RYiQt~GUåEXDLQVSHNFHVWURMH
9HãNHUiSURYR]QtPpGLDMDNRMHQDS VWODþHQêY]GXFKDK\GUDXOLND
]DMLVW WHSURWLQH~P\VOQpPXXYHGHQtGRSURYR]X
3 LYêP Q SHþOLY ]DMLVW WHY WãtNRPSRQHQW\QD]YHGDFtP]D t]HQt
=NRQWUROXMWHSHYQpXVD]HQtãURXERYDQêFKVSRM 3RXNRQþHQt~GUåE\
]NRQWUROXMWHIXQNþQRVWEH]SHþQRVWQtKR]D t]HQt
.RQVWUXNþQt]P Q\
%H]VFKYiOHQtVSROHþQRVWL$0$=21(1:(5.(QHVPtWHQDVWURML
SURYiG WåiGQpQiVWDYE\DS HVWDYE\7RSODWtWDNpSURVYD RYiQt
QRVQêFKNRPSRQHQW
9HãNHUpþLQQRVWLVSRMHQpVQiVWDYEDPLþLS HVWDYEDPLVLY\åDGXMt
StVHPQpVFKYiOHQtY\VWDYHQpVSROHþQRVWt$0$=21(1:(5.(
3RXåtYHMWHSRX]HNRPSRQHQW\QDS HVWDYEXDS tVOXãHQVWYtVFKYiOHQp
VSROHþQRVWt$0$=21(1:(5.(SRX]HWDN] VWDQHYSODWQRVWL
SRYROHQtNSURYR]XGOHQiURGQtFKLPH]LQiURGQtFKS HGSLV 9R]LGODY\EDYHQiRILFLiOQtPVFKYiOHQtPSURYR]XD]D t]HQtD
Y\EDYHQtVSRMHQiVYR]LGOHPGLVSRQXMtFtSODWQêPVFKYiOHQtPSUR
SURYR]QHERSRYROHQtPSURS HSUDYXSRYH HMQêFKNRPXQLNDFtFKGOH
S HGSLV VLOQLþQtKRSURYR]XVHPXVtQDFKi]HWY iGQpPSURYR]QtP
VWDYX
' OHåLWp
=iVDGQ MH]DNi]iQR
x
YUWiQtQDUiPXSRS QDSRGYR]NX
x
UR]ãL RYiQtVWiYDMtFtFKRWYRU QDUiPXSRS QDSRGYR]NX
x
VYD RYiQtQDQRVQêFKNRPSRQHQWiFK
1iKUDGQtDRSRW HELWHOQpGtO\LSRPRFQêPDWHULiO
.RPSRQHQW\VWURMHNWHUpQHY\ND]XMtEH]YDGQêVWDYRNDPåLW Y\P WH
3RXåtYHMWHSRX]HRULJLQiOQtQiKUDGQtDRSRW HELWHOQpGtO\
$0$=21(QHERNRPSRQHQW\VFKYiOHQpVSROHþQRVWt
$0$=21(1:(5.(SRX]HWDN] VWDQHYSODWQRVWLSRYROHQt
NSURYR]XGOHQiURGQtFKLPH]LQiURGQtFKS HGSLV 9S tSDG SRXåtYiQtQiKUDGQtFKDRSRW HELWHOQêFKGtO RGW HWtFKYêUREF QHQt
]DUXþHQR]GDW\WRGtO\VSO XMtWHFKQLFNpDEH]SHþQRVWQtSRåDGDYN\
6SROHþQRVW$0$=21(1:(5.(QHUXþt]DãNRG\NWHUpY]QLNO\
YG VOHGNXSRXåtYiQtQHVFKYiOHQêFKQiKUDGQtFKDRSRW HELWHOQêFK
GtO QHERSRPRFQêFKPDWHULiO (.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
ýLãW QtDGHSRQRYiQtPDWHULiO 6SRXåtYDQêPLOiWNDPLDPDWHULiO\PDQLSXOXMWHRGERUQ DSURYiG MWH
MHMLFK iGQpGHSRQRYiQt]YOiãW •
S LSUiFLQDPD]DFtFKV\VWpPHFKD]D t]HQtD
•
S LþLãW Qt]DSRXåtYiQtUR]SRXãW GHO
3UDFRYLãW REVOXK\VWURMH
6WURMVPtREVOXKRYDWYêOXþQ SRX]HRVREDQDFKi]HMtFtVHQDVHGDGOH
SUR LGLþHWUDNWRUX
(.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
9êVWUDåQpãWtWN\DRVWDWQtR]QDþHQtQDVWURML
' OHåLWp
9HãNHUpYêVWUDåQpãWtWN\XGUåXMWHYåG\YþLVWRW D]DEH]SHþWH
MHMLFKGREURXþLWHOQRVW1HþLWHOQpYêVWUDåQpãWtWN\REQRYWH
9êVWUDåQpãWtWN\VLREMHGQiYHMWHXVYpKRREFKRGQtNDQD]iNODG REMHGQDFtKRþtVODQDS 0'
6WUXNWXUDYêVWUDåQêFK]QDþHN
9êVWUDåQp]QDþN\R]QDþXMtQHEH]SHþQpREODVWLQDVWURMLDYDUXMtS HG
]E\WNRYêPLUL]LN\9W FKWRREODVWHFKO]HQHXVWiOHRþHNiYDWYêVN\W
NRQWLQXiOQtFKþLQHRþHNiYDQêFKQHEH]SHþQêFKVLWXDFt
9êVWUDåQi]QDþNDVHVNOiGi]HSROtþHN
3ROH
]REUD]XMHSRSLVUL]LNDIRUPRXSLNWRJUDPX3LNWRJUDPMHRENORSHQê
WURM~KHOQtNRYêPEH]SHþQRVWQtPV\PEROHP
3ROH
]REUD]XMHSRN\QSURY\YDURYiQtVHY]QLNDMtFtKRUL]LNDYSRGRE SLNWRJUDPX
9\VY WOLYNDNYêVWUDåQp]QDþFH
6ORXSHFREMHGQDFtþtVORDY\VY WOLYNDS HGNOiGiSRSLVYêVWUDåQp
]QDþN\QDFKi]HMtFtVHYHGOH3RSLVYêVWUDåQp]QDþN\MHYåG\VWHMQêD
XYiGtYQiVOHGXMtFtPSR DGt
3RSLVKUR]tFtKRQHEH]SHþt
1DS tNODG1HEH]SHþtSR H]iQtDRG t]QXWtSUVWX
' VOHGN\QHGRGUåRYiQtGRSRUXþHQtNY\YDURYiQtVHYêVN\WX
QHEH]SHþt
1DS tNODG=S VREXMHW åNiSRUDQ QtQDSUVWHFKQHERUXNRX
'RSRUXþHQtNY\YDURYiQtVHQHEH]SHþt
(.(.6%$*
1DS tNODGýiVWtVWURMHVHGRWêNHMWHSRX]HSRWpFRVH]FHOD
]DVWDYLO\
2EHFQpEH]SHþQRVWQtSRN\Q\
2EMHGQDFtþtVORDY\VY WOLYND
0'
9êVWUDåQi]QDþND
3 HGXYHGHQtPVWURMHGRSURYR]XVLSURþW WHD
GRGUåXMWHEH]SHþQRVWQtSRN\Q\XYHGHQpY
QiYRGXQDREVOXKX
0'
1HEH]SHþtS LVN tSQXWt
=S VREXMHW åNiSRUDQ QtQDSUVWHFKþLUXNRX
1LNG\QHVDKHMWHGRSURVWRUXVQHEH]SHþtP
VW LKXSRNXGVHþiVWLVWURMHMHãW PRKRX
SRK\ERYDW
0'
1HEH]SHþtVWUDQRGOHWXMtFtFKþiVWLF
=S VREXMHW åNiSRUDQ QtSRFHOpPW OH
'RGUåXMWHGRVWDWHþQRXEH]SHþQRXY]GiOHQRVWRG
VWURMHGRNXGPRWRUWUDNWRUXE åt
0'
1HEH]SHþtS LVN tSQXWt
=S VREXMHW åNiSRUDQ QtQDFHOpPW OHDP åH
]DS tþLQLWLVPUWHOQpSRUDQ Qt
8GUåXMWHGRVWDWHþQRXY]GiOHQRVWRG]YHGQXWêFK
QH]DMLãW QêFKVWURM 0'
1HEH]SHþtVWUDQNDSDOLQY\WpNDMtFtFKSRG
Y\VRNêPWODNHPK\GUDXOLFNêROHM
=DS tþL XMHW åNiSRUDQ QtW ODSRNXGSURQLNQRX
NDSDOLQ\Y\WpNDMtFtSRGY\VRNêPWODNHPS HV
SRNRåNXDYQLNQRXGRW OD
3URþW WHVLDGRGUåXMWHSRN\Q\XYHGHQpY
WHFKQLFNpS tUXþFHG tYHQHåSURYHGHWH~GUåEXD
RSUDYX
(.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
0'
1HEH]SHþtS LVN tSQXWt
=S VREXMHW åNiSRUDQ QtQDFHOpPW OHDP åH
]DS tþLQLWLVPUWHOQpSRUDQ Qt
3 LRYOiGiQt]YHGiNX] VWD WHPLPRGRVDK
]GYLKXW tERGRYpKR]iY VX
3 LRYOiGiQtW tERGRYpKR]YHGDFtKR]D t]HQtMH
]DNi]DQêSRE\WRVREYREODVWL]GYLKX
W tERGRYpKR]iY VX
0'
'RUD]RYêS tSUDYHNSURS LSHYQ Qt]YHGDFtKR
KiNX
0'
1HEH]SHþtVWUDQQH~P\VOQpKRQDVWDUWRYiQt
VWURMH
=S VREXMHW åNiSRUDQ QtQDFHOpPW OHDP åH
]DS tþLQLWLVPUWHOQpSRUDQ Qt
•
3 HGSURYiG QtP~GUåE\DRSUDYY\SQ WH
PRWRUWUDNWRUXDNOtþN\Y\MP WH]H
]DSDORYiQt
•
3 HGSURYiG QtP~GUåE\DRSUDYVLSURþW WH
DGRGUåXMWHSRN\Q\XYiG QpYWHFKQLFNp
S tUXþFH
0'
0D[LPiOQtSURYR]QtWODNK\GUDXOLFNpKRROHMH
EDU (.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
0'
0D[RWiþN\YêYRGRYpKRK tGHOHPLQ
0'
2]QDþHQt&(QDVWURMLVLJQDOL]XMHGRGUåHQt
XVWDQRYHQtSODWQêFKVP UQLF(8
(.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
8PtVW QtYêVWUDåQêFK]QDþHNDRVWDWQtFKLGHQWLILNDþQtFKãWtWN 9êVWUDåQp]QDþN\
1iVOHGXMtFtREUi]N\]REUD]XMtXPtVW QtYêVWUDåQêFK]QDþHNQDVWURML
2EU
(.(.6%$*
2EU
2EHFQpEH]SHþQRVWQtSRN\Q\
5L]LNDS LQHGRGUåRYiQtEH]SHþQRVWQtFKSRN\Q 1HGRGUåRYiQtEH]SHþQRVWQtFKSRN\Q P åH
•
PtW]DQiVOHGHNRKURåHQtRVRELåLYRWQtKRSURVW HGtDVWURMH
•
YpVWNH]WUiW QiURN QDQiKUDGXãNRG\
.RQNUpWQ VVHERXP åHQHGRGUåRYiQtEH]SHþQRVWQtFKSRN\Q QpVW
QiVOHGXMtFtUL]LND
•
2KURåHQtRVREVWUDQQH]DMLãW QêFKSUDFRYQtFKREODVWtVWURMH
•
6HOKiQtG OHåLWêFKIXQNFtVWURMH
•
6HOKiQtS HGHSVDQêFKPHWRGSURSURYiG Qt~GUåE\DSpþHR
VWURM
•
2KURåHQtRVREVWUDQPHFKDQLFNêFKDFKHPLFNêFKYOLY •
2KURåHQtåLYRWQtKRSURVW HGtSU VDN\K\GUDXOLFNpKRROHMH
3UiFHYVRXODGXVEH]SHþQRVWQtPLS HGSLV\
9HGOHEH]SHþQRVWQtFKSRN\Q XYHGHQêFKYWRPWRQiYRGXQDREVOXKX
MVRX]iYD]QpQiURGQtREHFQ SODWQpEH]SHþQRVWQtDSUHYHQWLYQt
S HGSLV\
-HQXWQRGRGUåRYDWEH]SHþQRVWQtSRN\Q\XYHGHQpQDQiOHSNiFK
3 LSURYR]XQDYH HMQêFKNRPXQLNDFtFKDFHVWiFKMHQXWQRGRGUåRYDW
NRQNUpWQt]iNRQQpS HGSLV\
(.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
%H]SHþQRVWQtSRN\Q\SURREVOXKX
9êVWUDKD
3 HGNDåGêP]SURYR]Q QtPVWURMHDWUDNWRUXS H]NRXãHMWH
GRSUDYQtDSURYR]QtEH]SHþQRVWIXQNFt
2EHFQpEH]SHþQRVWQtDSUHYHQWLYQtSRN\Q\
•
9HGOHSRN\Q YQiYRGXQDREVOXKXVHWDNp L WHREHFQ SODWQêPLQiURGQtPLEH]SHþQRVWQtPLDSUHYHQWLYQtPLS HGSLV\
•
3 LSHYQ QpYêVWUDåQpDLQIRUPDþQtãWtWN\9iPVNêWDMtG OHåLWp
SRN\Q\SUREH]SHþQêSURYR]VWURMH-HMLFKGRGUåRYiQt]DMLVWt
9DãLEH]SHþQRVW
•
3 HGUR]MHWtPDS HGVSXãW QtPVWURMH]NRQWUROXMWHEH]SURVW HGQt
REODVWVWURMHG WL=DMLVW WHGRVWDWHþQêUR]KOHG
•
-t]GDQDVWURMLDS HSUDYDQDQ PS LSUDFRYQtP~NRQXMH
]DNi]DQi
3 LSRMRYiQtDRGSRMRYiQtVWURMH
•
6WURMVHVPtVSRMRYDWDS HSUDYRYDWSURVW HGQLFWYtPWUDNWRUX
NWHUêVSO XMHYêNRQRYpSRåDGDYN\
•
3 LS LSRMRYiQtVWURM NW tERGRYpK\GUDXOLFHWUDNWRUXPXVt
VRXKODVLWS LSRMRYDQpNDWHJRULHWUDNWRUXDVWURMH
•
3 LS LSRMHQtVWURM S HGDQHER]DWUDNWRUVHQHVPtS HNURþLW
ο
S tSXVWQiFHONRYiKPRWQRVWWUDNWRUX
ο
S tSXVWQp]DWtåHQtQiSUDYWUDNWRUX
ο
S tSXVWQi~QRVQRVWSQHXPDWLNWUDNWRUX
•
=DMLVW WHWUDNWRUDVWURMSURWLQH~P\VOQpPXSRMH]GXG tYHQHå
VWURMS LSRMtWHþLRGSRMtWH
•
3RE\WRVREPH]LS LSRMRYDQêPVWURMHPDWUDNWRUHPMH]DNi]DQê
]DWtPFRWUDNWRUQDMtåGtQDVWURM
3 tWRPQtSRPRFQtFLVHVPtYHGOHYR]LGHOSRK\ERYDWSRX]HMDNR
QDYiG MtFtRVRE\DVP MtYVWXSRYDWPH]LYR]LGODDåSRMHMLFK
]DVWDYHQt
•
=DMLVW WHRYOiGDFtSiNXK\GUDXOLN\WUDNWRUXYSROR]HYQtåMH
Y\ORXþHQRQH~P\VOQp]YHGiQtQHERVSRXãW QtG tYHQHå
S LSRMtWHVWURMNW tERGRYpK\GUDXOLFHWUDNWRUXQHERMHMRGSRMtWHRG
W tERGRYpK\GUDXOLN\WUDNWRUX
•
3 LS LSRMRYiQtDRGSRMRYiQtVWURM XSUDYWHY]S U\MVRXOLN
GLVSR]LFLGRNRQNUpWQtSRORK\VWDELOLWD
•
3 LPDQLSXODFLVHY]S UDPLKUR]tQHEH]SHþtS LVN tSQXWtDVW LKX
•
3 LS LSRMRYiQtDRGSRMRYiQtVWURM NQHERRGWUDNWRUXVL
SRþtQHMWH]YOiã RSDWUQ 0H]LWUDNWRUHPDVWURMHPMVRXVW LåQi
PtVWDYREODVWLVSRMH
•
3 LPDQLSXODFLVW tERGRYRXK\GUDXOLNRXMH]DNi]DQêSRE\WRVRE
PH]LWUDNWRUHPDVWURMHP
•
6WURMS LSRMXMWHGOHS HGSLV NS HGHSVDQpPX]D t]HQt
(.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
•
3RMLVWQiODQNDSURU\FKORXStQiQtPXVtEêW]DY ãHQDYROQ DYH
VSRGQtSROR]HVHQHVP MtVDPDUR]SRMLW
•
2GSRMHQpVWURMHYåG\RGVWDYXMWHWDNDE\E\OD]DMLãW QDMHMLFK
VWDELOLWD
•
3 HGSUDFtVHVH]QDPWHVYHãNHUêP]D t]HQtPDRYOiGDFtPL
SUYN\LMHMLFKIXQNFHPL9SU E KXSUiFHMHQDWRMLåS tOLãSR]G •
3RXåtYHMWHW VQ S LOpKDYêRG Y9ROQpREOHþHQt]Y\ãXMH
QHEH]SHþt]DFK\FHQtQHERQDYLQXWtQDKQDFtK tGHOHVWURMH
•
6WURMXYiG MWHGRSURYR]XSRX]HYS tSDG MVRXOLQDLQVWDORYDQp
YHãNHUpNU\W\DQDFKi]tOLVHYSDW LþQpSROR]H
•
=RKOHGQ WHPD[LPiOQtXåLWHþQêQiNODGQHVHQpKRWDåHQpKR
VWURMHDS tSXVWQp]DWtåHQtQiSUDYDRS UQp]DWtåHQtWUDNWRUX
(YHQWXiOQ SUDFXMWHSRX]HVþiVWHþQ QDSOQ QêP]iVREQtNHP
•
3RE\WRVREYSUDFRYQtREODVWLVWURMHMH]DNi]DQê
•
3RE\WRVREYRWRþQpDY\ERþRYDFtREODVWLVWURMHMH]DNi]DQê
•
1DH[WHUQ RYOiGDQêFKþiVWHFKVWURMHQDS K\GUDXOLFN\P åH
GRMtWNS LVN tSQXWtVWURMHPQHEH]SHþtVW LKX
•
([WHUQ RYOiGDQpþiVWLVWURMHVPtWHDNWLYRYDWSRX]HYS tSDG SRNXGRVRE\GRGUåXMtGRVWDWHþQRXEH]SHþQRXY]GiOHQRVWRG
VWURMH
•
' tYHQHåRSXVWtWHWUDNWRUPXVtWH
3URYR]VWURMH
ο
VSXVWLWVWURMQD]HP
ο
Y\SQRXWPRWRUWUDNWRUX
ο
Y\MPRXWNOtþN\]H]DSDORYiQt
(.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
3 HSUDYDVWURMH
(.(.6%$*
•
3 LSRXåtYiQtYH HMQêFKNRPXQLNDFtGRGUåXMWHNRQNUpWQtQiURGQt
GRSUDYQtS HGSLV\
•
9åG\GEHMWHQDGRVWDWHþQRX LGLWHOQRVWD]DMLãW QtEU]GRYêFK
YODVWQRVWtWUDNWRUX
6WURMHQHVHQpDWDåHQpWUDNWRUHPDþHOQtD]DGQt]iYDåtRYOLY XMt
Mt]GQtYODVWQRVWLL LGLWHOQRVWDEU]GRYpYODVWQRVWLWUDNWRUX
•
(YHQWXiOQ SRXåtYHMWHþHOQt]iYDåt
3 HGQtQiSUDYDWUDNWRUXPXVtEêWYåG\]DWtåHQDPLQLPiOQ SUi]GQpKPRWQRVWLWUDNWRUXDE\WDNE\OD]DMLãW QDGRVWDWHþQi
LGLWHOQRVW
•
ýHOQtD]DGQt]iYDåtS LSHY XMWHYåG\S HGSLVRY N
S LSHY RYDFtPERG PNWRPXXUþHQêP
•
=RKOHGQ WHPD[LPiOQtY\XåLWp]DWtåHQtQHVHQpKRWDåHQpKR
VWURMHDS tSXVWQp]DWtåHQtQiSUDYDRS UQp]DWtåHQtWUDNWRUX
•
7UDNWRUPXVt]DMLã RYDWS HGHSVDQpEU]GRYp]SRPDOHQtSUR
QDORåHQRXVRXSUDYXWUDNWRUSOXVQHVHQêWDåHQêVWURM
•
3 HGYODVWQtMt]GRX]NRQWUROXMWHEU]GRYê~þLQHN
•
3 LMt]G Y]DWiþNiFKVQHVHQêPQHERWDåHQêPVWURMHPEHUWH
RKOHGQDQDORåHQtVWURMHDQHERMHKRVHWUYDþQRVW
•
3 HGS HSUDYRXGEHMWHQDGRVWDWHþQpERþQt]DEORNRYiQt
VSRGQtKR]iY VXWUDNWRUXMHOLVWURMS LSHYQ QêYW tERGRYp
K\GUDXOLFHSRS YHVSRGQtP]iY VXWUDNWRUX
•
3 HGS HSUDYRXXYH WHYHãNHUpRWRþQpþiVWLVWURMHGRS HSUDYQt
SRORK\
•
3 HGS HSUDYRX]DMLVW WHRWRþQpþiVWLVWURMHYS HSUDYQtSROR]H
DE\VWH]DPH]LOLY]QLNXQHEH]SHþtS L]P Q SRORK\3RXåtYHMWH
S LWRPS tVOXãQpS HSUDYQtSRMLVWN\
•
3 HGS HSUDYRX]DMLVW WHRYOiGDFtSiNXW tERGRYpK\GUDXOLN\SURWL
QH~P\VOQpPX]YHGQXWtþLVSXãW QtQHVHQpKRQHERWDåHQpKR
VWURMH
•
3 HGS HSUDYRX]NRQWUROXMWH]GDOLMHQDVWURMLVSUiYQ QDPRQWRYDQpSRW HEQpS HSUDYQtY\EDYHQtMDNRMHQDS RVY WOHQtYêVWUDåQpWDEXOHDNU\W\
•
3RMH]GRYRXU\FKORVWS L]S VREWHNRQNUpWQtPSRGPtQNiP
•
3 HGMt]GRX]NRSFH]D D WHQLåãtU\FKORVWQtVWXSH •
3 HGS HSUDYRX]iVDGQ Y\SQ WHEU]G QtMHGQRWOLYêFKNRO
]DEORNXMWHSHGiO\
2EHFQpEH]SHþQRVWQtSRN\Q\
+\GUDXOLFNp]D t]HQt
•
+\GUDXOLFNp]D t]HQtMHSRGY\VRNêPWODNHP
•
'EHMWHQDVSUiYQpS LSRMHQtK\GUDXOLFNêFKKDGLF
•
3 LS LSRMRYiQtK\GUDXOLFNêFKKDGLFGEHMWHQDWRDE\Y
K\GUDXOLFNpPV\VWpPXQHE\OWODNMDN]HVWUDQ\YR]LGODWDNL]H
VWUDQ\VWURMH
•
-H]DNi]iQREORNRYDWRYOiGDFtMHGQRWN\QDWUDNWRUXSRNXGVH
S HVW\WRRYOiGDFtMHGQRWN\S tPRSURYiG MtK\GUDXOLFNpIXQNFH
QDS VNOiGiQtRWiþHQtDSRVRXYiQt.RQNUpWQtK\GUDXOLFNi
IXQNFHVHPXVtDXWRPDWLFN\]DVWDYLWNG\åVHXYROQtS tVOXãQi
RYOiGDFtMHGQRWND
•
3 HGSUDFtQDK\GUDXOLFNpP]D t]HQt
ο
VSXV WHVWURMGRO ο
]K\GUDXOLFNpKR]D t]HQtY\SXV WHWODN
ο
Y\SQ WHPRWRUWUDNWRUX
•
0LQLPiOQ MHGQRXURþQ MHQXWQRSRY LWRGERUQtNDNRQWURORX
IXQNþQtKRVWDYXK\GUDXOLFNêFKKDGLF9S tSDG SRãNR]HQtD
]HVWiUQXWtK\GUDXOLFNpKDGLFHY\P WH3RXåtYHMWHSRX]H
RULJLQiOQtK\GUDXOLFNpKDGLFH
•
'REDSRXåtYiQtKDGLFE\QHP ODS HViKQRXWURN YþHWQ HYHQWXiOQtKRVNODGRYiQtYGpOFHWUYiQtQHMYêãHGYRXOHW,S L
iGQpPXVNODGQ QtDS tSXVWQp]iW åLSRGOpKDMtKDGLFHDVSRMH
KDGLFS LUR]HQpPXVWiUQXWtSURWRMHMHMLFKVNODGRYiQtD
SRXåtYiQtþDVRY RPH]HQR2GOLãQ O]HVWDQRYLWGpONXSRXåtYiQt
KDGLFY]KOHGHPNH]NXãHQRVWHP]YOiãW Y]KOHGHPNPRåQpPX
RKURåHQtRVRE3URKDGLFHDSRWUXEt]WHUPRSODVWXPRKRXSODWLW
MLQp~GDMH
•
1HEH]SHþtLQIHNFH.DSDOLQ\Y\WpNDMtFtSRGY\VRNêPWODNHP
K\GUDXOLFNêROHMPRKRXSURQLNQRXWS HVSRNRåNXD]S VRELW
W åNiSRUDQ Qt9S tSDG SRUDQ QtLKQHGY\KOHGHMWHOpND VNRX
SRPRF
•
3 LY\KOHGiYiQtSU VDN SRXåtYHMWHYKRGQpRFKUDQQpSRP FN\
QHEH]SHþtSRUDQ Qt
(.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
(OHNWULFNp]D t]HQt
(.(.6%$*
•
3 LSUiFLQDHOHNWULFNpP]D t]HQt]iVDGQ RGSRMXMWHPLQXVRYêSyO
EDWHULH
•
3RXåtYHMWHSRX]HS HGHSVDQpSRMLVWN\3 LSRXåtYiQtS tOLã
VLOQêFKSRMLVWHNVH]QLþtHOHNWULFNp]D t]HQt±QHEH]SHþtSRåiUX
•
'EHMWHQDVSUiYQpS LSRMHQtEDWHULH±QHMSUYHS LSRMWHSOXVRYê
SyODSRWpPLQXVRYêSyO3 LRGSRMRYiQtQHMSUYHRGSRMWH
PLQXVRYêSyODSRWpSOXVRYêSyO
•
1DSOXVRYêSyOEDWHULHYåG\SRXåtYHMWHS tVOXãQRXNU\WNX3 L
]NUDWXQDNRVWUXKUR]tQHEH]SHþtYêEXFKX
•
1HEH]SHþtYêEXFKX=DPH]WHMLVN HQtDY]QLNXRWHY HQpKRRKQ YEOt]NRVWLEDWHULH
•
6WURMP åHEêWY\EDYHQHOHNWURQLFNêPLNRPSRQHQWDPLD
HOHPHQW\MHMLFKåIXQNFHP åHEêWRYOLYQ QDHOHNWURPDJQHWLFNêP
SROHPMLQêFKS tVWURM 7DNRYpYOLY\PRKRXYpVWNRKURåHQt
]GUDYtRVRESRNXGQHEXGHWHGRGUåRYDWQiVOHGXMtFt
EH]SHþQRVWQtSRN\Q\
ο
9S tSDG GRGDWHþQpLQVWDODFHHOHNWULFNêFKS tVWURM DQHER
NRPSRQHQWQDVWURMLVS LSRMHQtPQDSDOXEQtVt PXVt
XåLYDWHOQDYODVWQt]RGSRY GQRVW]NRQWURORYDW]GD
LQVWDODFHQH]DS tþLQtSRUXFK\HOHNWURQLN\YR]LGODQHER
MLQêFKNRPSRQHQW
ο
-HW HEDGEiWS HGHYãtPQDWRDE\GRGDWHþQ LQVWDORYDQp
HOHNWULFNpDHOHNWURQLFNpNRPSRQHQW\VSO RYDO\SRåDGDYN\
VP UQLFH(09(+6YNRQNUpWQ SODWQpP]Q QtD
DE\E\O\RSDW HQ\]QDþNRX&(
2EHFQpEH]SHþQRVWQtSRN\Q\
ÒGUåEDRSUDY\DSpþHRVWURM
•
ÒGUåEXRSUDY\DþLãW QtSURYiG MWH]iVDGQ SRX]HS L
ο
Y\SQXWpPSRKRQX
ο
]DVWDYHQpPPRWRUXWUDNWRUX
ο
Y\MPXWêFKNOtþFtFK]H]DSDORYiQt
ο
Y\MPXWp]iVWUþFHVWURMH]SDOXEQtKRSRþtWDþH
•
3UDYLGHOQ NRQWUROXMWHSHYQpGRWDåHQtPDWLFDãURXE D
HYHQWXiOQ MHGRWiKQ WH
•
=YHGQXWêVWURMSRS ]YHGQXWpþiVWLVWURMH]DMLVW WHSURWL
QH~P\VOQpPXVSXãW QtG tYHQHå]DþQHWHSURYiG W~GUåEX
RSUDY\DþLãW QtVWURMH
•
3 LYêP Q SUDFRYQtKRQi DGtVRVW tPSRXåtYHMWHYKRGQpQi DGt
DUXNDYLFH
•
1iOHåLW OLNYLGXMWHROHMHWXN\DILOWU\
•
2GSRMWHNDEHORGJHQHUiWRUXDEDWHULHWUDNWRUXG tYHQHå
]DþQHWHSURYiG WHOHNWULFNpVYD RYiQtQDWUDNWRUXDQHVHQêFK
VWURMtFK
•
1iKUDGQtGtO\PXVtVSO RYDWPLQLPiOQ VWDQRYHQpWHFKQLFNp
SRåDGDYN\ILUP\$0$=21(1:(5.(7RMH]DMLãW QRS L
SRXåtYiQtRULJLQiOQtFKQiKUDGQtFKGtO 3URYR]YêYRGRYpKRK tGHOH
•
3URSRKRQVWURMHVHVP MtSRXåtYDWSRX]HNORXERYpK tGHOH
S HGHSVDQp]iYRGHP$0$=21(1:(5.(VS HGSLVRYêPL
RFKUDQQêPLNU\W\S HGHSVDQêPLYêUREFHP
•
L WHVHWDNpGOHQiYRGXQDREVOXKXRGYêUREFHNORXERYêFK
K tGHOt
•
2FKUDQQiWUXENDDRFKUDQQêWU\FKWê NDUGDQRYpKRK tGHOHLNU\W
YêYRGRYpKRK tGHOH±L]HVWUDQ\SUDFRYQtKRQi DGt±PXVtEêW
S LSHYQ Q\DMHMLFKIXQNþQRVWPXVtEêWSHUIHNWQt
•
3ODWt]iND]SUiFHVSRãNR]HQêPLNU\W\
•
3 LSRMRYiQtDRGSRMRYiQtNORXERYpKRK tGHOHVHVPtSURYiG W
SRX]H
ο
S LY\SQXWpPYêYRGRYpPK tGHOL
ο
Y\SQXWpPPRWRUXWUDNWRUX
ο
Y\MPXWêFKNOtþFtFK]H]DSDORYiQt
•
9åG\GEHMWHQDVSUiYQRXPRQWiåD]DMLãW QtNORXERYpKRK tGHOH
•
3 LSRXåtYiQtNORXERYêFKK tGHOtVGORXKêP~KOHP]iE UX
S LSRMXMWHNORXEGORXKpKR]iE UXYåG\NRWRþQpPXERGXPH]L
WUDNWRUDVWURM
•
2FKUDQQêNU\WNORXERYpKRK tGHOH]DMLVW WH HWt]N\SURWL
VRXE åQpPXRWiþHQt
•
8NORXERYêFKK tGHOtGEHMWHQDS HGSLVRYpS HNUêYiQtWUXEHN
YS HSUDYQtDSUDFRYQtSROR]H L WHVHGOHQiYRGXQDREVOXKX
RGYêUREFHNORXERYêFKK tGHOt
(.(.6%$*
2EHFQpEH]SHþQRVWQtSRN\Q\
•
3 LMt]G Y]DWiþNiFKEHUWH] HWHOQDS tSXVWQpY\FKêOHQtD
SRVXQXWtNORXERYêFKK tGHOt
•
3 HG]DSQXWtPYêYRGRYpKRK tGHOH]NRQWUROXMWH]GD
•
ο
VHYQHEH]SHþQpREODVWLVWURMHQHQDFKi]HMtRVRE\
ο
VRXKODVt]YROHQêSRþHWRWiþHNYêYRGRYpKRK tGHOHWUDNWRUX
VS tSXVWQêPLRWiþNDPLVWURMH
3 LSUiFLVYêYRGRYêPK tGHOHPVH
ο
YREODVWLRWiþHMtFtFKVHYêYRGRYêFKDNORXERYêFKK tGHOtD
ο
YQHEH]SHþQpREODVWLVWURMH]GUåRYDWåiGQpRVRE\
•
9êYRGRYêK tGHOQLNG\QH]DStQHMWHS LY\SQXWpPPRWRUXWUDNWRUX
•
9êYRGRYêK tGHOY\SQ WHYåG\YS tSDG SRNXGGRFKi]t
NS tOLãQpPX~KORYpPXY\FKêOHQtQHERSRNXGMHMQHSRW HEXMHWH
•
3R]RU3RRGSRMHQtYêYRGRYpKRK tGHOHKUR]tQHEH]SHþt
]S VREHQpVHWUYDþQRVWtURWXMtFtFKþiVWtVWURMH
% KHPGREtKiQtK tGHOHQHYVWXSXMWHGRS tOLãQpEOt]NRVWLVWURMH
3UiFHQDYêYRGRYpPK tGHOLVHVPtSURYiG WDåSRMHKR~SOQpP
]DVWDYHQt
•
6WURMHQHERNORXERYpK tGHOHSRKiQ QpYêYRGRYêPK tGHOHPVH
VP MtþLVWLWSURPD]iYDWQHERVH L]RYDWSRX]HYS tSDG ο
RGSRMHQpKRYêYRGRYpKRK tGHOH
ο
Y\SQXWpKRPRWRUXWUDNWRUX
ο
Y\MPXWêFKNOtþN ]H]DSDORYiQt
•
2GSRMHQêNORXERYêK tGHOXORåWHGRS tVOXãQpKRGUåiNX
•
3RGHPRQWiåLNORXERYpKRK tGHOHQDVD WHQDWUQYêYRGRYpKR
K tGHOHRFKUDQQêNU\W
•
3 LSRXåtYiQtYêYRGRYêFKK tGHOt]iYLVOêFKQDVP UXMt]G\
]RKOHGQ WHVNXWHþQRVWåHMVRXRWiþN\]iYLVOpQDU\FKORVWLMt]G\
DåHVHVP URWiþHQtS LFRXYiQt]P Qt
3URYR]UR]PHWDGOD
(.(.6%$*
•
3RE\WYSUDFRYQtREODVWLVWURMHMH]DNi]DQê1HEH]SHþtVWUDQ
RGOHWXMtFtFKþiVWLFKQRMLYD3 HG]DSQXWtPUR]PHWDFtFKNRWRXþ Y\NDåWHRVRE\]UR]PHWDFtREODVWLUR]PHWDGOD1HYVWXSXMWHGR
EOt]NRVWLURWXMtFtFKUR]PHWDFtFKNRWRXþ •
3OQ QtUR]PHWDGODSURYiG MWHSRX]HS LY\SQXWpPPRWRUX
WUDNWRUXY\MPXWêFKNOtþFtFK]H]DSDORYiQtDX]DY HQêFK
KUDGtWFtFK
•
'R]iVREQtNXQHYNOiGHMWHFL]tS HGP W\
•
3 LSURYiG QtNRQWURO\UR]PHWDQpKRPQRåVWYtGiYHMWHSR]RUQD
QHEH]SHþQiPtVWDYREODVWLURWXMtFtFKþiVWtVWURMH
•
5R]PHWDGORQLNG\QHRGVWDYXMWHQHERVQtPQHPDQpYUXMWHY
QDSOQ QpPVWDYXQHEH]SHþtS HNORSHQt
•
3 LRNUDMRYpPUR]PHWiQtQDRNUDMtFKSROHXYRGQtFK]GURM QHER
NRPXQLNDFtSRXåtYHMWHS tSUDYN\QDRNUDMRYpUR]PHWiQt
•
3 HGNDåGêPSRXåLWtPGEHMWHQDEH]YDGQpXVD]HQt
S LSHY RYDFtFKSUYN ]YOiãW YS tSDG UR]PHWDFtFKNRWRXþ D
UR]PHWDFtFKORSDWHN
3 HNOiGNDVWURMH
3 HNOiGNDVWURMH
2EU
3 HNOiGiQtSRPRFtMH iEX
•
6WURM(.6MHY\EDYHQêXFK\FRYDFtPLERG\2EUSUR
]YHGDFtSiV\
3R]RU
x
3 LS HNOiGiQtVWURMHSRPRFtMH iEXVHPXVtSRXåtYDW
R]QDþHQpS LSHY RYDFtERG\SUR]YHGDFtSiV\
x
0LQLPiOQtSHYQRVWYWDKXQD]YHGDFtSiVPXVtþLQLWNJ
(.(.6%$*
3RSLVSURGXNWX
3RSLVSURGXNWX
7DWRNDSLWROD
•
9iPS LQiãtS HKOHGRNRQVWUXNFLVWURMH
•
9iPQDEt]tR]QDþHQtMHGQRWOLYêFKNRQVWUXNþQtFKVNXSLQD
VWDY FtFKGtO 3URþW WHVLWXWRNDSLWROXGOHPRåQRVWtS tPRXVWURMH7DNVH
VH]QiPtWHRSWLPiOQtP]S VREHPVHVWURMHP
3 HKOHGNRPSRQHQW
5iP
=iVREQtNVþHFKUDþHP
+UDGtWND
0HFKDQLFNêSRKRQKUDGtWHNK\GUDXOLFNêQD
S iQt
3iNDSURQDVWDYHQtUR]PHWDQpKRPQRåVWYt
VHVWXSQLFt
(.6YtFHGtOQpRPH]HQtUR]PHWDFtãt N\
.ORXERYêK tGHO
2FKUDQQpVtWR
2FKUDQQêURãW
3RKRQUR]PHWDFtFKNRWRXþ ο
(.(.6~KORYiS HYRGRYND
ο
(.6+K\GUDXOLFNêPRWRU
2EU
5R]PHWDFtNRWRXþ
5R]PHWDFtORSDWN\
2EU
(.(.6%$*
3RSLVSURGXNWX
3URSRMRYDFtNDEHO\PH]LWUDNWRUHPDVWURMHP
9]iYLVORVWLQDY\EDYHQt
•
K\GUDXOLFNpKDGLFH
8SR]RUQ Qt
9HãNHUpK\GUDXOLFNpKDGLFHMVRXRSDW HQ\EDUHYQêPR]QDþHQtP
]D~þHOHPS L D]HQtNRQNUpWQtK\GUDXOLFNpIXQNFHK\GUDXOLFNpPX
YHQWLOXWUDNWRUX
•
(OHNWULFNêNDEHOSURRVY WOHQt
'RSUDYQ WHFKQLFNpY\EDYHQt
2EU
NRQFRYiVY WOD
EU]GRYiVY WOD
VP URYiVY WODMVRXQXWQiYS tSDG MVRXOLVP URYiVY WODWUDNWRUX]DNU\Wi
YêVWUDåQpRGUD]N\
9êVWUDåQiWDEXOH
2EU
(.(.6%$*
3RSLVSURGXNWX
1iOHåLWpSRXåtYiQtVWURMH
5R]PHWDGORSUR]LPQt~GUåEXVLOQLF$0$=21((.(.6
•
MHYKRGQpYêOXþQ SURE åQêSURYR]S L]HP G OVNêFKSUDFtFK
•
MHNRQVWUXRYDQpDYKRGQpSURE åQpSRXåtYiQtY]LP SURSRV\S
VLOQLFFHVWDWG
•
MHYKRGQpSURSRV\SVSRUWRYQtFKDJROIRYêFKK Lã StVNHP
•
VHS LSRMXMHNWUDNWRUXS HVVSRGQtDKRUQt]iY VDRYOiGiMHM
REVOXKDWUDNWRUX
7tPWRVWURMHPP åHWHVMtåG WVYDK\SR
•
•
YUVWHYQLFL
VP USRMH]GXYOHYR
VP USRMH]GXYSUDYR
VSiGQLFL
GRVYDKX VHVYDKX .QiOHåLWpPXSRXåtYiQtVWURMHSDW tWDNp
•
GRGUåRYiQtYHãNHUêFKSRN\Q XYHGHQêFKYWRPWRQiYRGXQD
REVOXKX
•
SURYiG QtNRQWUROD~GUåE\VWURMH
•
YêOXþQpSRXåtYiQtRULJLQiOQtFKQiKUDGQtFKGtO $0$=21(
.DåGpMLQpSRXåtYiQtVWURMHPLPRWHQWRUiPHFMH]DNi]iQRDMH
QDKOtåHQRMDNRQHQiOHåLWp
=DãNRG\Y]QLNOpQD]iNODG QHQiOHåLWpKRSRXåtYiQtVWURMH
•
MHRGSRY GQêViPSURYR]RYDWHO
•
QHS HEtUiVSROHþQRVW$0$=21(1:(5.(
1HEH]SHþQpREODVWLVWURMH
9W FKWRREODVWHFKP åHWHQHXVWiOHRþHNiYDWYêVN\WDNWXiOQtKRQHER
QHRþHNiYDQ VHY\VN\WQXYãtKRQHEH]SHþt7\WRQHEH]SHþQpREODVWL
MVRXR]QDþHQ\YêVWUDåQêPLãWtWN\DYDUXMtS HG]E\WNRYêPLUL]LN\NWHUp
QHO]HNRQVWUXNþQ SRWODþLW=GHSODWtVSHFLiOQtEH]SHþQRVWQtS HGSLV\
9L]WDNpNDSLWROD2EHFQpEH]SHþQRVWQtSRN\Q\VWUDQD
1HEH]SHþQpREODVWLY]QLNDMt
(.(.6%$*
•
PH]LWUDNWRUHPDVWURMHP]YOiãW S LS LSRMRYiQtDRGSRMRYiQt
•
YREODVWLSRK\EXMtFtFKVHNRQVWUXNþQtFKMHGQRWHN
•
SRG]YHGQXWêPQH]DMLãW QêPVWURMHPDNRPSRQHQWDPL
3RSLVSURGXNWX
%H]SHþQRVWQt]D t]HQtDNU\W\
.U\WNORXERYpKRK tGHOH
2FKUDQQpVtWRY]iVREQtNX
.U\WSURWLUR]VW LNRYiQt
6KRGDVPH]LQiURGQtPLVP UQLFHPL
6WURMVSO XMH
R]QDþHQtVP UQLFQRUHP
•
VP UQLFLSURVWURMH(6
•
VP UQLFL(09(+6
7\SRYêãWtWHND]QDþND&(
7\SRYêãWtWHN2EUVHQDFKi]HMtQDUiPXD ]QDþND&(QD]iVREQtNX2EU
ÒGDMHQDW\SRYpPãWtWNX
•
,GHQWþVWURMH
•
7\S
•
3 tSXVWQêWODNYV\VWpPXYEDUHFK
•
5RNYêURE\
•
=iYRG
•
=iNODGQtKPRWQRVWYNJ
•
3 tSXVWQiFHONRYiKPRWQRVWY
2EU
2EU
7HFKQLFNp~GDMH
7\S
2EMHP]iVREQtNX
(.
(.
(.6
(.6
(.6
>O@
9\XåLWp]DWtåHQt
>NJ@
=iNODGQtKPRWQRVW
>NJ@
S tSXVWQiFHONRYiKPRWQRVW
>NJ@
3OQLFtYêãND
>PP@
'pOND
>PP@
ât ND
>PP@
9]GiOHQRVWW åLãW G
>PP@
(.(.6%$*
3RSLVSURGXNWX
3RW HEQpY\EDYHQtWUDNWRUX
7UDNWRUPXVtVSO RYDWSRåDGRYDQpYêNRQRYpFKDUDNWHULVWLN\DPXVt
EêWY\EDYHQêK\GUDXOLFNêPLHOHNWULFNêPLDEU]GRYêPLS tSRMNDPLSUR
EU]G\3RX]HWDNMH]S VRELOêSURSUiFLVHVWURMHP
9êNRQPRWRUXWUDNWRUX
(.
RGN:.6N:.6
(.6
RGN:.6N:.6N:.6
(.6+
RGN:.6N:.6N:.6
(OHNWULFNpY\EDYHQt
1DS WtEDWHULH
•
99ROW
=iVXYNDSURRVY WOHQt
•
SyORYi
0D[LPiOQtSURYR]QtWODN
•
EDU (.6+
9êNRQþHUSDGODWUDNWRUX
•
±OPLQS LEDUHFK
+\GUDXOLFNêROHMVWURMH
•
3 HYRGRYêK\GUDXOLFNêROHM2WWR6$(:$3,*/
+\GUDXOLND
+\GUDXOLFNêS HYRGRYêROHMVWURMHMHYKRGQêSURNRPELQRYDQp
K\GUDXOLFNpS HYRGRYpRNUXK\YãHFKE åQêFKWUDNWRU +\GUDXOLFNpYHQWLO\
WUDNWRUX
)XQNFH
2]QDþHQtKDGLFH
MHGQRþLQQê
+UDGtWNREHWlWLJXQJ
[åOXWi
MHGQRþLQQêV t]HQtP (.6+3RKRQUR]PHWDFtFKNRWRXþ SOQLFtY WYH
EH]WODNi]S WQiY WHY
[þHUYHQi
(.6+3RKRQUR]PHWDFtFKNRWRXþ ]S WQê [þHUYHQi
' OHåLWp
=NRQWUROXMWHNRPSDWLELOLWXK\GUDXOLFNêFKROHM G tYHQHåS LSRMtWH
VWURMNK\GUDXOLFNpPX]D t]HQtWUDNWRUX
ÒGDMHRKODGLQ DNXVWLFNpKRKOXNX
(PLVQtKRGQRWDKODGLQDDNXVWLFNpKRKOXNXQDSUDFRYLãWLþLQtG%
$P HQRYSUDFRYQtSROR]HYX]DY HQpNDELQ XXFKD LGLþH
0 LFtS tVWURM237$&6/0
+RGQRWDKODGLQ\DNXVWLFNpKRKOXNXMHYSRGVWDW ]iYLVOiQD
SRXåtYDQpPYR]LGOH
(.(.6%$*
.RQVWUXNFHDIXQNFHVWURMH
.RQVWUXNFHDIXQNFHVWURMH
7DWRNDSLWROD9iPVNêWiLQIRUPDFHRNRQVWUXNFLDRIXQNFtFK
MHGQRWOLYêFKNRPSRQHQW
2EU
3RGpOVW Q\WU\FKWê RYLWpKR]iVREQtNXVNORX]iYiUR]PHWDQêPDWHULiO
NY\SRXãW FtPXRWYRUXýHFKUDþ]DMLã XMHURYQRP UQêSU WRNQD
UR]PHWDFtNRWRXþH
5R]PHWDFtNRWRXþURWXMHSRVP UXRWiþHQtKRGLQRYêFKUXþLþHNDMH
RVD]HQêUR]PHWDFtPLORSDWNDPL
3RKRQUR]PHWDFtKRNRWRXþH
•
(.(.6SURVW HGQLFWYtPNORXERYpKRK tGHOH
•
(.6+SURVW HGQLFWYtPK\GURPRWRUX
5R]PHWDGOR(.(.6(.6+SUR]LPQt~GUåEXVLOQLFMH
NRQVWUXRYDQpSURS LSRMHQtN]DGQtPXW tERGRYpPX]iY VX
(.(.6%$*
.RQVWUXNFHDIXQNFHVWURMH
2YOiGiQtKUDGtWHN
2WHYtUiQtD]DYtUiQtY\SRXãW FtFKRWYRU VH
SURYiGtPDQXiOQ QHERK\GUDXOLFN\
QDGVWDQGDUGS HVKUDGtWND
0DQXiOQtRYOiGiQtKUDGtWHN
•
=D~þHOHP]DY HQtY\SRXãW FtKRRWYRUX
RWRþWHSiNX]FHODVP UHPQDKRUX
•
=D~þHOHPRWHY HQtY\SRXãW FtKRRWYRUX
RWRþWHSiNX2EUDåSRGRUD]
QDVWDYHQtUR]PHWDQpKRPQRåVWYtVP UHP
GRO 2EU
+\GUDXOLFNpRYOiGiQtKUDGtWHN
•
2WHYtUiQtY\SRXãW FtKRRWYRUX]DMLã XMH
WDåQiSUXåLQD2EU
•
8]DYtUiQtY\SRXãW FtKRRWYRUXVHSURYiGt
K\GUDXOLFN\SURVW HGQLFWYtPMHGQRþLQQpKR
K\GUDXOLFNpKRYiOFH2EU
2EU
2EU
•
KUDGtWNR$
•
KUDGtWNR%
3 LUR]PHWiQtKQRMLYDMVRXGOH~GDM YURPHWDFt
WDEXOFHQDVWUDQu
•
RE KUDGtWNDRWHY HQi
•
KUDGtWNR$X]DY HQp
•
KUDGtWNR%X]DY HQp
0iOL] VWDWXUþLWpKUDGtWNRS LSUiFLX]DY HQp
SDNVHPXVtY\Y VLWS tVOXãQiVStQDFtW\þ2EU
2EU
9\WiKQ WH]iYODþNX2EU
6StQDFtW\þVWiKQ WH]NORXERYpKRþHSX
2S W]DVX WH]iYODþNX
3RORKXY\Y ãHQpVStQDFtW\þH]DMLVW WH
HW ]HPNORXERYpKRK tGHOH
(.(.6%$*
.RQVWUXNFHDIXQNFHVWURMH
5R]PHWDFtNRWRXþ
5R]PHWDFtNRWRXþVHUR]PHWDFtPLORSDWNDPL
SURUR]PHWiQtKQRMLYRRELOtMHPQpRVLYRVROL
StVNXãW UNXDVP Vt
5R]PHWDFtORSDWN\O]HQDVWDYRYDWYHGYRX
SRORKiFK2EU2EU
3 LWRP]DVNRþtUR]PHWDFtORSDWNDGRSRORK\$
QHER%
ο
ο
3RORKD$3RVWDYHQtSRVP UXRWiþHQt
GRS HGX
Y Wãtãt NDUR]KR]XVWDQGDUGQt
QDVWDYHQt
2EU
3RORKD%
QLåãtSUDãQRVW
•
•
7 LUR]PHWDFtORSDWN\VWDåQRXSUXåLQRXSUR UXþQtVH L]RYiQt2EU
6H L]RYiQtUR]PHWDFtFKORSDWHNSRYROHQtP ãURXERYpKRVSRMHQt2EU
2EU
3RVH t]HQtRS WGRWiKQ WHãURXE\
3RORK\ORSDWHNGOHWDEXON\SURUR]PHWiQt
KQRMLYD
2EU
,
9HãNHUpUR]PHWDFtORSDWN\YSROR]H$
,,
UR]PHWDFtORSDWN\VWODþQRX
SUXåLQRXYSROR]H%
,,,
9HãNHUpUR]PHWDFtORSDWN\YSROR]H%
(.(.6%$*
.RQVWUXNFHDIXQNFHVWURMH
ýHFKUDþ
+ODYDþHFKUDþHSURUR]PHWiQtKQRMLYR
7\þRYêþHFKUDþQDGVWDQGDUGSURUR]PHWiQt
•
StVNXVWUXVN\DVROt
•
SUiãNRYpKQRMLYR
2EU
0RQWiå
9RGLFtNURXåHN2EUQDãURXEXMWHQD
S tVOXãQpRWYRU\Y]iVREQtNX
+RUQtþiVWþHFKUDFtKR~VWURMt2EU
S LSHYQ WHSRPRFtXStQDFtKRSRX]GUDQD
VSRGQtþiVWþHFKUDFtKR~VWURMt2EU
6SRGQtþiVWþHFKUDFtKR~VWURMtS LSHYQ WH
SRPRFtXStQDFtKRSRX]GUDQDKODYX
þHFKUDþH
.RãRYêþHFKUDþQDGVWDQGDUGSURUR]PHWiQt
ãW UNX
2EU
2EU
(.(.6%$*
.RQVWUXNFHDIXQNFHVWURMH
(.62PH]HQtSUDFRYQtKR]iE UX
1DVWDYHQtU ]QêFKSUDFRYQtFK]iE U VHSURYiGt
SRPRFtYtFHGtOQpKRRPH]HQtãt N\UR]PHWiQt
2EU
2EU
(.(.6%$*
8YHGHQtVWURMHGRSURYR]X
8YHGHQtVWURMHGRSURYR]X
7DWRNDSLWROD9iPQDEt]tLQIRUPDFHRXYiG Qt9DãHKRVWURMHGR
SURYR]X
1HEH]SHþt
x
3 HGXYHGHQtPVWURMHGRSURYR]XVLPXVtREVOXKDS HþtVWD
SRUR]XP WQiYRGXQDREVOXKXD~GUåEXVWURMH
x
'RGUåXMWHXVWDQRYHQtNDSLWRO\%H]SHþQRVWQtSRN\Q\SUR
REVOXKXQDVWUDQuS L
S HSUDY VWURMH
R
SRXåtYiQtVWURMH
x
(YHQWXiOQ SRXåtYHMWH]iYDåt
x
3 LS LSRMHQtQi DGtS HGDQHER]DWUDNWRUHPQHVPtGRMtWN
S HNURþHQt
x
(.(.6%$*
R
R
S tSXVWQpFHONRYpKPRWQRVWLWUDNWRUX
R
S tSXVWQpKR]DWtåHQtQiSUDYWUDNWRUX
R
S tSXVWQp~QRVQRVWLSQHXPDWLNWUDNWRUX
' tYHQHåXYHGHWHGRSURYR]XNRPELQDFLWUDNWRUVWURM
PXVtWHQHMSUYHSHþOLY VWDQRYLWVNXWHþQpKRGQRW\SUR
SUi]GQêDQDSOQ QêVWURMDVLFHSUR
R
FHONRYRXKPRWQRVWWUDNWRUX
R
]DWtåHQtQiSUDYWUDNWRUX
R
~QRVQRVWSQHXPDWLN
R
PLQLPiOQt]DWtåHQt
SURVW HGQLFWYtPYêSRþWXQHER]YiåHQtPNRPELQDFHWUDNWRU
VWURM
9L]NDSLWROD9êSRþHWVNXWHþQêFKKRGQRWSURFHONRYRX
KPRWQRVWWUDNWRUX]DWtåHQtQiSUDYWUDNWRUXD~QRVQRVWL
SQHXPDWLNLQXWQpKRPLQLPiOQtKR]DWtåHQt³VWUDQD
x
7UDNWRUPXVt]DMLã RYDWS HGHSVDQpEU]GRYp]SRPDOHQtSUR
NRPELQDFLWUDNWRUDVWURM
x
7UDNWRUDVWURMPXVtVSO RYDWSRåDGDYN\QiURGQtFK
GRSUDYQtFKS HGSLV x
'UåLWHOL LGLþYR]LGODMVRXRGSRY GQt]DGRGUåRYiQt
]iNRQQêFKXVWDQRYHQtQiURGQtFKGRSUDYQtFKS HGSLV x
=RKOHGQ WHPD[LPiOQtXåLWHþQêQiNODGQHVHQpKRWDåHQpKR
VWURMHDS tSXVWQp]DWtåHQtQiSUDYDRS UQp]DWtåHQtWUDNWRUX
(YHQWXiOQ SUDFXMWHSRX]HVþiVWHþQ QDSOQ QêP
]iVREQtNHP
x
3 HGS HSUDYRX]DMLVW WHRYOiGDFtSiNXW tERGRYpK\GUDXOLN\
SURWLQH~P\VOQpPX]YHGQXWtþLVSXãW QtQHVHQpKRQHER
WDåHQpKRVWURMH
8YHGHQtVWURMHGRSURYR]X
3UYQtXYHGHQtVWURMHGRSURYR]X
9êSRþHWVNXWHþQêFKKRGQRWSURFHONRYRXKPRWQRVWWUDNWRUX]DWtåHQtQiSUDY
WUDNWRUXD~QRVQRVWLSQHXPDWLNLSRW HEQpKRPLQLPiOQtKR]DWtåHQt
3RW HEQp~GDMHSURYêSRþHW
7/
2EU
>NJ@ 3Ui]GQiKPRWQRVWWUDNWRUX
79 >NJ@ =DWtåHQtS HGQtQiSUDY\SUi]GQpKRWUDNWRUX
YL]QiYRGQDREVOXKXWUDNWRUXQHER
WHFKQLFNêSU ND]
7+ >NJ@ =DWtåHQt]DGQtQiSUDY\SUi]GQpKRWUDNWRUX
*+ >NJ@ &HONRYiKPRWQRVWVWURMHS LSRMHQpKR]D
WUDNWRUHPQHER]i RYiKPRWQRVW
9L]WHFKQLFNp~GDMHRVWURMLQHER]i RYi
KPRWQRVW
*9 >NJ@ &HONRYiKPRWQRVWVWURMHS LSRMHQpKRS HG
WUDNWRUHPQHERþHOQtKPRWQRVW
9L]WHFKQLFNp~GDMHRVWURMLQHERþHOQt
KPRWQRVW
D
>P@
9]GiOHQRVWPH]LW åLãW PVWURMHPQHVHQpKR 9L]WHFKQLFNp~GDMHRWUDNWRUXDRVWURML
QHVHQpKRYHS HGXQHERþHOQtKPRWQRVW
YHS HGXQHERþHOQtKPRWQRVWtDVW HGHP
S HGQtQiSUDY\VRXþHWDD
QHERRGP HQt
D
>P@
9]GiOHQRVWVW HGXS HGQtQiSUDY\RGVW HGX 9L]QiYRGQDREVOXKXWUDNWRUXQHER
S LSRMHQtVSRGQtKR]iY VX
RGP HQt
D
>P@
9L]WHFKQLFNp~GDMHRVWURMLQHVHQpKR
9]GiOHQRVWVW HGXS LSRMRYDFtKRERGX
VSRGQtKR]iY VXRGW åLãW VWURMHQHVHQpKR YHS HGXQHERþHOQtKPRWQRVWQHER
YHS HGXQHERRGþHOQtKPRWQRVWL
RGP HQt
Y]GiOHQRVWW åLãW E
>P@
5R]YRUWUDNWRUX
9L]QiYRGQDREVOXKXWUDNWRUXQHER
WHFKQLFNêSU ND]QHERRGP HQt
F
>P@
9]GiOHQRVWPH]LVW HGHP]DGQtQiSUDY\D
VW HGHPS LSRMHQtVSRGQtKR]iY VX
9L]QiYRGQDREVOXKXWUDNWRUXQHER
WHFKQLFNêSU ND]QHERRGP HQt
G
>P@
9]GiOHQRVWVW HGXS LSRMRYDFtKRERGX
VSRGQtKR]iY VXRGW åLãW VWURMH
S LSRMHQpKRY]DGXQHERRG]i RYp
KPRWQRVWLY]GiOHQRVWW åLãW 9L]WHFKQLFNp~GDMHRVWURML
(.(.6%$*
8YHGHQtVWURMHGRSURYR]X
9êSRþHWSRW HEQpKRPLQLPiOQtKR]DWtåHQtYHS HGX*9PLQWUDNWRUXSUR]DMLãW Qt LGLWHOQRVWL
*9 PLQ =
*+ • F + G − 79 • E + • 7/ • E
D+E
ýtVHOQRXKRGQRWXSURY\SRþtWDQpPLQLPiOQt]DWtåHQt*9PLQNWHUpMH
QXWQpQDþHOQtVWUDQ WUDNWRUX]DSLãWHGRWDEXON\QDVWUDQu
9êSRþHWVNXWHþQpKR]DWtåHQtS HGQtQiSUDY\WUDNWRUX79WDW
* • D + E + 79 • E − *+ • F + G 79 WDW = 9
E
ýtVHOQRXKRGQRWXSURY\SRþtWDQpVNXWHþQp]DWtåHQtS HGQtQiSUDY\D
KRGQRWXS tSXVWQpKR]DWtåHQtS HGQtQiSUDY\XYHGHQRXYQiYRGXQD
REVOXKXWUDNWRUX]DSLãWHGRWDEXON\QDVWUDQu
9êSRþHWVNXWHþQpFHONRYpKPRWQRVWLNRPELQDFHWUDNWRUDVWURM
*WDW = *9 + 7/ + *+ ýtVHOQRXKRGQRWXSURY\SRþtWDQRXVNXWHþQRXFHONRYRXKPRWQRVWD
KRGQRWXS tSXVWQpFHONRYpKPRWQRVWLWUDNWRUXXYHGHQRXYQiYRGXQD
REVOXKXWUDNWRUX]DSLãWHGRWDEXON\QDVWUDQu
9êSRþHWVNXWHþQpKR]DWtåHQt]DGQtQiSUDY\WUDNWRUX7+WDW
7
+
WDW
=*
WDW
−7
9
WDW
ýtVHOQRXKRGQRWXSURY\SRþtWDQpVNXWHþQp]DWtåHQt]DGQtQiSUDY\D
KRGQRWXS tSXVWQpKR]DWtåHQt]DGQtQiSUDY\WUDNWRUXXYHGHQRXY
QiYRGXQDREVOXKXWUDNWRUX]DSLãWHGRWDEXON\QDVWUDQu
ÒQRVQRVWSQHXPDWLNWUDNWRUX
(.(.6%$*
=DSLãWHGYRMQiVREQRXKRGQRWXGY SQHXPDWLN\S tSXVWQp~QRVQRVWL
SQHXPDWLNYL]QDS SRGNODG\RGYêUREFHSQHXPDWLNGRWDEXON\QD
VWUDQu
8YHGHQtVWURMHGRSURYR]X
7DEXOND
6NXWHþQiKRGQRWDGOH
YêSRþWX
0LQLPiOQt]DWtåHQt
YHS HGXY]DGX
NJ
&HONRYiKPRWQRVW
NJ
≤
=DWtåHQtS HGQtQiSUDY\ NJ
≤
=DWtåHQt]DGQtQiSUDY\
NJ
≤
3 tSXVWQiKRGQRWD
GOHQiYRGXQD
REVOXKXWUDNWRUX
'YRMQiVREQi
S tSXVWQi~QRVQRVW
SQHXPDWLNGY SQHXPDWLN\
NJ
NJ
≤
NJ
≤
NJ
NJ
'RSRUXþHQt
=WHFKQLFNpKRSU ND]XSUR9DãHYR]LGORVLY\þW WHS tSXVWQp
KRGQRW\SURFHONRYRXKPRWQRVWWUDNWRUX]DWtåHQtQiSUDYD
~QRVQRVWSQHXPDWLN
1HEH]SHþt
x
6NXWHþQpY\SRþtWDQpKRGQRW\PXVtEêWPHQãtQHERURYQ\
dS tSXVWQêPKRGQRWiP
x
=DNi]DQpMHS LSRMRYiQtVWURMH]DWUDNWRUVORXåtFtSUR
YêSRþHW
R
MHOLW HEDLMHGQD]HVNXWHþQêFKY\SRþtWDQêFKKRGQRW
Y WãtQHåS tSXVWQiKRGQRWD
R
QHQtOLNWUDNWRUXS LSRMHQRþHOQt]iYDåtMHOLQXWQpSUR
SRW HEQpPLQLPiOQt]DWtåHQtYHS HGX*9PLQ
' OHåLWp
x
7UDNWRU]DW åXMWHSRPRFtþHOQtKRQHER]DGQtKR]iYDåtMHOL
]DWtåHQtQiSUDY\WUDNWRUXS HNURþHQRSRX]HQDMHGQp
QiSUDY x
6SHFLiOQtS tSDG\
R
3RNXGSRPRFtKPRWQRVWLVWURMHQHVHQpKRYHS HGX*9
QHGRViKQHWHSRåDGRYDQpKRPLQLPiOQtKR]DWtåHQt
YHS HGX*9PLQSDNPXVtWHQDYtFNHVWURMLQHVHQpPX
YHS HGXSRXåtWS tGDYQp]iYDåt
R
3RNXGSRPRFtKPRWQRVWLVWURMHQHVHQpKRY]DGX*+
QHGRViKQHWHSRåDGRYDQpKRPLQLPiOQtKR]DWtåHQt
Y]DGX*+PLQSDNPXVtWHQDYtFNHVWURMLQHVHQpPX
Y]DGXSRXåtWS tGDYQp]iYDåt
(.(.6%$*
8YHGHQtVWURMHGRSURYR]X
3 L]S VREHQtNORXERYpKRK tGHOHNWUDNWRUX
' OHåLWp
3 LSUYQtPS LSRMRYiQtPXVtWHHYHQWXiOQ S L]S VRELWGpONX
NOXERYpKRK tGHOHNWUDNWRUX
3RVWXSXMWHGOHQiYRGXQDREVOXKXRGYêUREFH
NORXERYêFKK tGHOt
7RWRS L]S VREHQtNORXERYpKRK tGHOHSODWtSRX]HSUR
WHQWRW\SWUDNWRUX9S tSDG ]P Q\WUDNWRUXPXVtWH
HYHQWXiOQ SURYpVWWRWRS L]S VREHQt]QRYX
5R]SRMHQpSRORYLQ\NORXERYpKRK tGHOHQDVX WH QDS tSRMNXYêYRGRYpKRK tGHOHWUDNWRUXDWUQ
YêYRGRYpKRK tGHOHVWURMHYS HGHSVDQpP
PRQWiåQtPVP UX
3 LGUåHQtPRERXWUXEHNNORXERYpKRK tGHOH
]NRQWUROXMWH]GDOLMHYNDåGpSROR]HVWURMH
]DMLãW QRS HNUêYiQtSRVXYQêFKSURILO WUXEHNNORXERYpKRK tGHOHPLQLPiOQ /2/2 GpONDY]DVXQXWpPVWDYX
9]DVXQXWpPVWDYXQHVP MtWUXEN\
NORXERYpKRK tGHOHQDUiåHWSURWLYLGOLFtP
N tåRYêFKNORXE 'RGUåXMWHEH]SHþQRX
Y]GiOHQRVWþLQtFtPLQLPiOQ PP
3 LGpONRYpPS L]S VREHQtS LGUåWHXVHEH SRORYLQ\NORXERYpKRK tGHOHYQHMNUDWãt
SURYR]QtSROR]HDR]QDþWHMH
5RYQRP UQ ]NUD WHYQ MãtDYQLW Qt
RFKUDQQRXWUXENX
9QLW QtDYQ MãtSRVXYQêSURILO]NUD WH
LGHQWLFN\MDNRRFKUDQQRXWUXENX
+UDQ\]DSLOXMWHDSHþOLY RGVWUD WHãSRQ\ 3RVXYQpSURILO\SURPDåWHD]DVX WHMHGR
VHEH
8FK\FRYDFt HW ]\NU\WXNORXERYpKRK tGHOH ]DY VWHQDWUDNWRUXDVWURMLWDNDE\VWH
]DMLVWLOLGRVWDWHþQpY\FK\ORYiQtNORXERYpKR
K tGHOHGRYãHFKSURYR]QtFKSRORK3UDFXMWH
SRX]HVNRPSOHWQ ]DNU\WêPSRKRQHP
2EU
.ORXERYêK tGHOVNRPSOHWQtPNU\WHP
NORXERYpKRK tGHOHDS tGDYQêPNU\WHPQD
WUDNWRUXDQDQi DGt
(.(.6%$*
3 LSRMHQtDRGSRMHQtVWURMH
3 LSRMHQtDRGSRMHQtVWURMH
1HEH]SHþt
x
6WURMVHVPtS LSRMRYDWSRX]H]DWUDNWRUDS HSUDYRYDWVH]D
QtPSRX]HYS tSDG SRNXGWUDNWRUGLVSRQXMHSRåDGRYDQêP
YêNRQHP
x
3 LS LSRMRYiQtVWURMHNW tERGRYpK\GUDXOLFHWUDNWRUXPXVt
EH]SRGPtQHþQ VRXKODVLWS LSRMRYDQpNDWHJRULHWUDNWRUXD
VWURMH
x
3 LVSRMRYiQtWUDNWRUXDVWURMHSRXåtYHMWHQiOHåLWêP
]S VREHPS tVOXãQi]D t]HQt
x
3RE\WRVREPH]LS LSRMRYDQêPVWURMHPDWUDNWRUHPMH
]DNi]DQêYRNDPåLNXNG\WUDNWRUQDMtåGtQDVWURM
3 tWRPQtSRPRFQtFLVHVP MtYHGOHYR]LGHO]GUåRYDWSRX]H
MDNRQDYiG MtFtRVRE\DVP MtYVWXSRYDWPH]LYR]LGODDåSR
MHMLFK~SOQpP]DVWDYHQt
x
3 LS LSRMRYiQtDRGSRMRYiQtVWURM SRVWXSXMWHGOHNDSLWRO\
%H]SHþQRVWQtSRN\Q\SURREVOXKXVWUDQD
1HEH]SHþt
x
3 LS LSRMRYiQtDRGSRMRYiQtQi DGtNSRS RGWUDNWRUXMH
QXWQRSRVWXSRYDW]YOiã RSDWUQ x
3 LS LSRMRYiQtDRGSRMRYiQtXPtVW WHRS UQi]D t]HQtGR
NRQNUpWQtSRåDGRYDQpSRORK\VWDELOLWD
x
=RKOHGQ WHPD[RS UQp]DWtåHQtWUDNWRUX
x
6SRGQt]iY VW tERGRYpK\GUDXOLN\WUDNWRUXPXVtEêW
Y\EDYHQêVWDELOL]DþQtPLY]S UDPLQHER HW ]\=DS HWH
VSRGQt]iY VWUDNWRUXþtPå]DPH]tWHY\ERþRYiQtVWURMHGR
VWUDQ
,QIRUPDFH
6WURM(.(.6MHXUþHQêSURS LSRMHQtN]DGQtPXW HWtPXERGX
NDWHJRULH,
,QIRUPDFH
8WUDNWRU VYêYRGRYêPK tGHOHPXORåHQêPPLPRVW HGVHPXVt
UR]PHWDGORQDPRQWRYDWVERþQtPS HVD]HQtP
(.(.6%$*
3 LSRMHQtDRGSRMHQtVWURMH
3 LSRMHQtVWURMH
•
6SRGQt]iY VWUDNWRUXQDVD WHQDþHS
VSRGQtKR]iY VXNDW,2EU]DMLVW WH
MHM]iYODþNRX
•
+RUQt]iY VWUDNWRUXS LSRMWH
SURVW HGQLFWYtPþHSXKRUQtKR]iY VX2EU
NKRUQtPXVSRMRYDFtPXERGXVWURMHD
]DMLVW WHMHM]iYODþNRX2EU
2EU
+\GUDXOLND
3 LSRMHQtK\GUDXOLFNêFKS tSRMHN
1HEH]SHþt
+\GUDXOLFNp]D t]HQtMHSRGY\VRNêPWODNHP
3 LS LSRMRYiQtK\GUDXOLFNêFKKDGLFNK\GUDXOLFHWUDNWRUXGEHMWH
QDWRDE\K\GUDXOLNDMDN]HVWUDQ\WUDNWRUXWDNL]HVWUDQ\VWURMH
QHE\ODSRGWODNHP
+\GUDXOLFNpYHQWLO\
WUDNWRUX
)XQNFH
2]QDþHQtKDGLF
MHGQRþLQQê
2YOiGiQtKUDGtWHN
[åOXWi
MHGQRþLQQêV t]HQtP (.6+3RKRQUR]PHWDFtFKNRWRXþ QDSiMHFtY WYH
EH]WODNi]S WQiY WHY
x
[þHUYHQi
(.6+3RKRQUR]PHWDFtFKNRWRXþ ]S WQê [þHUYHQi
FKRG
3RX]H(.6+
' OHåLWp
EH]WODNi]S WQiY WHYVYHONRXVSRMNRX'1SUREH]WODNê
]S WQêRGWRN9H]S WQpY WYLVPtþLQLWG\QDPLFNêWODN
PD[LPiOQ EDU =NRQWUROXMWHNRPSDWLELOLWXK\GUDXOLFNêFKROHM G tYHQHåS LSRMtWH
VWURMNK\GUDXOLFNpPX]D t]HQtWUDNWRUX
(.(.6%$*
3 LSRMHQtDRGSRMHQtVWURMH
2VY WOHQt
•
.WUDNWRUXS LSRMWHHOHNWULFNêNDEHOSURRVY WOHQt
3R]RU
=NRQWUROXMWHVP URYiVY WODVY WODDEU]GRYpVY WOR
2GSRMHQtVWURMH
•
6WURMVSXV WHGRO ' OHåLWp
3 HGRGSRMHQtPUR]PHWDGODGEHMWHQDWRDE\QHE\O\VSRMRYDFt
ERG\KRUQtDGROQt]iY V]DWtåHQp
(.(.6%$*
6H L]RYiQt
6H L]RYiQt
6H L]RYiQtYêãN\S LSRMHQt
9êãNDS LSRMHQtUR]PHWDGODYQDORåHQpPVWDYX FP
0 HQtVHSURYiGtQDS HGQtD D]DGQt
E VWUDQ UR]PHWDFtKRNRWRXþHYåG\RG
SRYUFKX]HP 9êVWUDKD
=RKOHGQ WHPD[LPiOQtY\FKêOHQt
NORXERYpKRK tGHOH
8WUDNWRU VYêYRGRYêPK tGHOHP
XORåHQêPYHOPLQt]NRO]H
UR]PHWDGOR]YHGDWSRX]HGRYêãN\
FP
2EU
1DVWDYHQtUR]PHWDQpKRPQRåVWYt
3RORKDKUDGtWHNMH]iYLVOiQD
• YODVWQtPUR]PHWDQpPPDWHULiOXStVHNV OQHERVP VLMHKRVWDYX
]UQLWRVWKUXEêMHPQêYOKNêVXFKê
• SRåDGRYDQpPSUDFRYQtP]iE UX>P@
• SRåDGRYDQpSRMH]GRYpU\FKORVWL>NPK@
• SRåDGRYDQpPUR]PHWDQpPPQRåVWYt>JPð@
3RVXQXWtKUDGtWNDQDY\ããtþtVORQDVWXSQLFL]QDPHQi
• Y WãtSU H]Y\SRXãW FtKRRWYRUX
• Y WãtUR]PHWDQpPQRåVWYt
1DVWDYHQtUR]PHWDQpKRPQRåVWYtVHSURYiGtQD]iNODG ]NXãHQRVWQt
QHERGOH~GDM XYiG QêFKYUR]PHWDFtWDEXOFH
8SR]RUQ Qt
3URWRåHUR]PHWDFtYODVWQRVWLKQRMLYDSRGOpKDMt]QDþQêP
YêN\Y PQDS YOKNpQHERVXFKpKQRMLYRGRSRUXþXMHPHS HG
NDåGêPSRXåLWtPVH tGLWSRåDGRYDQRXSRORKXKUDGtWHNSUR
SRåDGRYDQpUR]PHWDQpPQRåVWYtDVLFHSRPRFt]NRXãN\
UR]PHWDQpKRPQRåVWYt
3URYiG QtQDVWDYHQtUR]PHWDQpKRPQRåVWYt
3RYROWHVH L]RYDFtSiNX2EU
'RUD]KUDGtWND2EUQDVWDYWHWDNDE\
VHY\þtWDFtKUDQD2EUQDFKi]HODQD
SRåDGRYDQpKRGQRW QDVWXSQLFL
6H L]RYDFtSiNXSHYQ GRWiKQ WH
(.YL]UR]PHWDFtWDEXONDQDVWUDQu (.6YL]UR]PHWDFtWDEXONDQD
VWUDQu
2EU
(.(.6%$*
6H L]RYiQt
(.6.RQWURODUR]PHWDQpKRPQRåVWYt
.RQWUROX UR]PHWDQpKR PQRåVWYt GRSRUXþXMHPH SURYiG W S L
NDåGp]P Q KQRMLYDLS L]P Q MHKRVWDYX
.RQWUROXUR]PHWDQpKRPQRåVWYtO]HSURYiG WYNOLGRYpPVWDYX]QiWH
OLS HVQ SRMH]GRYRXU\FKORVWWUDNWRUX
6WDQRYHQtVNXWHþQpSRMH]GRYpU\FKORVWL
9\P WHY]GiOHQRVWGORXKRXS HVQ P2]QDþWH
SRþiWHþQtDNRQFRYêERG
/HWPêPVWDUWHPSURMH WHY\P HQRXY]GiOHQRVWRG
SRþiWHþQtKRSRNRQFRYêERGDVLFHSOiQRYDQRX
NRQVWDQWQtU\FKORVWt3RPRFtVWRSHN]P WHþDVSU MH]GX
QDS P]DYW
6WDQRYHQtSRMH]GRYpU\FKORVWL>NPK@
3RMH]GRYiU\FKORVW
>NPK@
3 tNODG
YW
=P HQêþDVQDP
P]DYW
NPK
6WDQRYHQtSRW HEQpKRSOiQRYDQpKRUR]PHWDQpKRPQRåVWYt
]DPLQXWX>JPLQ@SURSRåDGRYDQpUR]PHWDQpPQRåVWYt
6R>JPLQ@ 6W>JPð@[)O>PðPLQ@
6RSRW HEQpSOiQRYDQpUR]PHWDQpPQRåVWYt
6WSRåDGRYDQpUR]PHWDQpPQRåVWYt
)OSORãQêYêNRQ
)O>PðPLQ@ :>PPLQ@[$>P@
)OSORãQêYêNRQ
:XMHWiY]GiOHQRVW
$SUDFRYQt]iE U
:>PPLQ@ )>PK@ :XMHWiY]GiOHQRVW
)SRMH]GRYiU\FKORVW
(.(.6%$*
6H L]RYiQt
3 tNODG
3RMH]GRYiU\FKORVW) NPK
3UDFRYQt]iE U$
P
JPð
3RåDGRYDQpUR]PHWDQpPQRåVWYt6W
SRW HEQpSOiQRYDQpUR]PHWDQpPQRåVWYt6R">JPLQ@
:
>PK@
PPLQ
) PPLQ[P PðPLQ
6R JPð[PðPLQ
6R JPLQ
3RW HEQpSOiQRYDQpUR]PHWDQpPQRåVWYtWHG\þLQtNJPLQ
3URYiG QtNRQWURO\UR]PHWDQpKRPQRåVWYt
3RGUR]PHWDGORUR]SURVW HWHIyOLL
5R]PHWDGORVSXV WHGRQHMQLåãtSRORK\
2PH]HQtSUDFRYQtKR]iE UXXYH WHGRQHMQLåãtSRORK\
6SXV WHPRWRUWUDNWRUXDSRPRFtSiþN\UXþQtKRSO\QX
QDVWDYWHNRQVWDQWQtRWiþN\PRWRUXWUDNWRUXDVLFHS L
]RKOHGQ QtRWiþHNYêYRGRYpKRK tGHOHQDS PLQ =DSQ WHYêYRGRYêK tGHOQHERK\GUDXOLFNêSRKRQ
+UDGtWNRRWHY HWHS HVQ QDPLQXWXYSRåDGRYDQpSROR]H
KUDGtWND
=D~þHOHP]MLãW QtVNXWHþQ QDVWDYHQpKRUR]PHWDQpKR
PQRåVWYt>JPð@]YDåWH]DFK\FHQpPQRåVWYtKQRMLYDD
KRGQRWXSRURYQHMWHVHVWDQRYHQêPSOiQRYDQêP
UR]PHWDQêPPQRåVWYtP
1HEH]SHþt
3 LNRQWUROHUR]PHWDQpKRPQRåVWYtEHUWH] HWHOQDURWXMtFtþiVWL
VWURMHDQDRGOHWXMtFtþiVWLFHKQRMLYD
8SR]RUQ Qt
(.(.6%$*
1HVRXKODVtOLVNXWHþQ Y\GiYNRYDQpDSRåDGRYDQpUR]PHWDQp
PQRåVWYtSRORKXKUDGtWNDSDW LþQ XSUDYWH(YHQWXiOQ ]RSDNXMWHNRQWUROXUR]PHWDQpKRPQRåVWYt
6H L]RYiQt
(.61DVWDYHQtSUDFRYQtKR]iE UX
9]iYLVORVWLQDNRQNUpWQtPGUXKXKQRMLYDO]H
VH L]RYDWSUDFRYQt]iE UPH]LDP
6H L]RYiQtRPH]HQtSUDFRYQtKR]iE UXVH
SURYiGtSRPRFtODQND2EUQD]iNODG ]NXãHQRVWt
•
=YHGQXWtRPH]HQtSURãt NXUR]PHWiQt±
]Y WãHQtSUDFRYQtKR]iE UX
•
6SXãW QtRPH]HQtSURãt NXUR]PHWiQt
GRO ±]PHQãHQtSUDFRYQtKR]iE UX
3RORKXODQND]DMLVW WHMHKRVHY HQtPQD
VY UDFtPSOHFKX2EU
2EU
2EU
(.(.6%$*
3 HSUDYD
3 HSUDYD
1HEH]SHþt
x
3 LS HSUDY ]RKOHGQ WHXVWDQRYHQtNDSLWRO\Ä%H]SHþQRVWQt
SRN\Q\SURREVOXKXVWUDQD
1HEH]SHþt
'RGUåXMWHPD[Y\XåLWp]DWtåHQtUR]PHWDGODD]DWtåHQtQiSUDY
WUDNWRUXSRYH HMQêFKNRPXQLNDFtFKHYHQWSURMtåG MWHSRX]HV
þiVWHþQ QDSOQ QêP]iVREQtNHP
3 HVWDYE\QDWUDNWRUXDRGVW HGLYpPUR]PHWDGOXS HGMt]GRXSRVLOQLFL
1HEH]SHþt
x
2GVW HGLYpUR]PHWDGOR]YHGHMWHS LS HSUDY SRVLOQLFL
SRX]HGRWpPtU\DE\VHKRUQtKUDQD]S WQpRGUD]N\
QDFKi]HODPD[LPiOQ PPQDG]HPt
x
3 LMt]G SRVLOQLFL]DMLVW WHVWURMSURWLQH~P\VOQpPX
VSXãW QtQD]HP
x
3 L]YHGiQtRGVW HGLYpKRUR]PHWDGODMHS HGQtQiSUDYD
WUDNWRUXRGOHKþRYiQDY]iYLVORVWLQDYHOLNRVWLWUDNWRUX
U ]QêP]S VREHP'EHMWHQDGRGUåHQtSRW HEQpKR]DWtåHQt
S HGQtQiSUDY\WUDNWRUXSUi]GQpKPRWQRVWLWUDNWRUX
=iY VQp]D t]HQt
=iY VQp]D t]HQtVORXåtSURS LSRMRYiQtSUDFRYQtKRQi DGtD
GYRXQiSUDYRYêFKS tY V NG\å
•
QHGRMGHNS HNURþHQtSRMH]GRYpU\FKORVWLPD[NPK
•
MHS tY VY\EDYHQQiE KRYRXEU]GRXQHEREU]GRYêP]D t]HQtP
MHåP åHRYOiGDW LGLþWDåQpKRYR]LGOD
•
S tSXVWQiFHONRYiKPRWQRVWS tY VXQHþLQtYtFHQHåQiVRENX
S tSXVWQpFHONRYpKPRWQRVWLWDåQpKRYR]LGODRYãHPPD[LPiOQ W
9êVWUDKD
3 HYiåHQtMHGQRQiSUDYRYêFKS tY V ]DQi DGtPQHVHQêP]D
WUDNWRUHPMH]DNi]DQp
(.(.6%$*
3RXåtYiQtVWURMH
3RXåtYiQtVWURMH
1HEH]SHþt
x
3 LSRXåtYiQtVWURMH]RKOHGQ WHLQIRUPDFHYNDSLWROH
Ä%H]SHþQRVWtSRN\Q\SURREVOXKX³VWUDQD
x
3 LSHYQ QpYêVWUDåQpDLQIRUPDþQtãWtWN\9iPVNêWDMt
G OHåLWpSRN\Q\SUREH]SHþQêSURYR]VWURMH-HMLFK
GRGUåRYiQt]DMLVWt9DãLEH]SHþQRVW
1HEH]SHþt
x
1LNG\QHVDKHMWHGRREODVWLURWXMtFtVSLUiO\þHFKUDþH
x
5RWXMHOLVSLUiODþHFKUDþHYåiGQpPS tSDG QLþtP
QHStFKHMWHGRKQRMLYD
x
1LNG\QHYVWXSXMWHGR]iVREQtNXYRNDPåLNXNG\VSLUiOD
þHFKUDþHURWXMH
3OQ QtVWURMH
' OHåLWp
x
3 HGSOQ QtP]iVREQtNX]NRQWUROXMWH]GDVHY]iVREQtNX
QHQDFKi]HMtåiGQp]E\WN\QHERFL]tW OHVD
x
3 LSRXåtYiQtUR]PHWDGODDSOLNXMWHVNORSQpVtWRSURWL
SURSDGiYiQtFL]tFKW OHV
x
3 LSOQ QtGEHMWHQDWRDE\VHYKQRMLYXQHQDFKi]HODFL]t
W OHVD
x
=RKOHGQ WHS tSXVWQpY\XåLWp]DWtåHQtUR]PHWDGODYL]
WHFKQLFNp~GDMHD]DWtåHQtQiSUDYWUDNWRUX
1HEH]SHþt
'EHMWHSURWRS LSOQ QtQDGRGUåHQtSRW HEQpKR]DWtåHQtS HGQt
QiSUDY\WUDNWRUXSUi]GQpKPRWQRVWLWUDNWRUXYL]WDNp
QiYRGQDREVOXKXRGYêUREFHWUDNWRUX(YHQWXiOQ QDPRQWXMWH
þHOQt]iYDåt
' OHåLWp
+UDGtWNDPXVtEêWS LSOQ Qt]iVREQtNXX]DY HQi
(.(.6%$*
3RXåtYiQtVWURMH
5R]PHWiQt
5R]PHWDGORMHS LSRMHQRNWUDNWRUX
-VRXS LSRMHQ\K\GUDXOLFNpKDGLFH
9HãNHUiQDVWDYHQtMVRXSURYHGHQD
ο
1DVWDYHQtPQRåVWYt
ο
3RORKDUR]PHWDFtORSDWN\
ο
âRXSiWNRYiW\þSURKUDGtWND$%]DY ãHQiQHERY\Y ãHQi
ο
(.69êYRGRYêK tGHOS LSRMXMWHS LQt]NêFKRWiþNiFK
PRWRUXWUDNWRUX
' OHåLWp
RW
2WiþN\UR]PHWDFtFKNRWRXþ þLQt PLQQHQtOLYUR]PHWDFt
WDEXOFHXYHGHQRMLQDN
9êYRGRYêK tGHOS LSRMXMWHS LQt]NêFKRWiþNiFKPRWRUXWUDNWRUX
1HEH]SHþt
1HYVWXSXMWHGREOt]NRVWLURWXMtFtFKUR]PHWDFtFKNRWRXþ QHEH]SHþt~UD]X1HEH]SHþtVWUDQRGOHWXMtFtFKJUDQXOtKQRMLYD
RVRE\Y\NDåWH]QHEH]SHþQpREODVWLVWURMH
' OHåLWp
3RGHOãtS HSUDY VSOQêP]iVREQtNHPGEHMWHQD]DþiWNX
UR]PHWiQtQDVSUiYQpUR]YiG QtKQRMLYD
=DFKRYiYHMWHNRQVWDQWQtRWiþN\UR]PHWDFtFKNRWRXþ 1HEH]SHþt
3 HGXYHGHQtPUR]PHWDGODGRSURYR]X]NRQWUROXMWHEH]SHþQRVWQt
]D t]HQtDMHMLFKVSUiYQRXPRQWiåQDVWUDQu
' OHåLWp
3 HGNDåGêPSRXåLWtPGEHMWHQDEH]YDGQpXVD]HQt
S LSHY RYDFtFKSUYN ]YOiãW YS tSDG UR]PHWDFtFKNRWRXþ D
UR]PHWDFtFKORSDWHN
6RXYUD 3 LRWiþHQtQDVRXYUDWLX]DY HWHRE KUDGtWND
1DRNUDMtFKSROHO]HSURYiG WMHGQRVWUDQQpUR]PHWiQt=DWtPWR
~þHOHPYåG\XYROQ WHMHGQXVStQDFtW\þDGHDNWLYXMWHKUDGtWNR$
QHER%YL]VWUDQD
3RSUiFL
2NUDMHSROH
3RSUiFL
•
X]DY HWHKUDGtWND
•
Y\SQ WHYêYRGRYêK tGHO
(.(.6%$*
3RUXFKD
3RUXFKD
3RUXFKD
3 tþLQD
2GVWUDQ Qt
5R]PHWDQpPQRåVWYtQHQt
VSUiYQp
1HVSUiYQpRWiþN\UR]PHWDFtKR
NRWRXþH
'RGUåXMWHRWiþN\GOH~GDM Y
UR]PHWDFtWDEXOFH
1DVWDYHQtMVWHQHSURYHGOLGOH
UR]PHWDFtWDEXON\
3URYH WHQDVWDYHQtGOH
UR]PHWDFtWDEXON\
=iNODGQtQDVWDYHQtKUDGtWHNMH
QHVSUiYQp
=NRQWUROXMWH]iNODGQt
QDVWDYHQtKUDGtWND
3RORKDþHFKUDþHMHQHVSUiYQi
=NRQWUROXMWHSRORKXþHFKUDþH
3RKRQUR]PHWDFtKRNRWRXþHMH
S HUXãHQê
8StQDFtNROtNQDYVWXSXS HYRGRYN\ 9\P
VH]ORPLOSURWRåHGRãORNS HWtåHQt
1HGRFKi]tNUR]PHWiQtSRGHOãt
S HSUDY VWURMH
=KXWQ QêUR]PHWDQêPDWHULiO
WHXStQDFtNROtN
.RPSOHWQ RWHY HWHKUDGtWND
]DQt]NêFKRWiþHNWUDNWRUX
S LSRMWHYêYRGRYêK tGHOD
FKYLONXSURYH WHUR]PHWiQt
YHVWDFLRQiUQtSROR]H3RWp
RS WQDVWDYWHSRåDGRYDQp
UR]PHWDQpPQRåVWYt
=iNODGQtQDVWDYHQtKUDGtWND
'RUD]KUDGtWNDQDVWDYWHQDKRGQRWXQD
VWXSQLFL
2WHY HWHKUDGtWND
2EDY\SRXãW FtRWYRU\PXVtEêWRWHY HQp
QDPP2EU
3RORKDþHFKUDþH
=NRQWUROXMWHY]GiOHQRVWPH]LþHFKUDþHPD
VW QRXQiV\SN\ýHFKUDþVHPXVtQDFKi]HW
SDUDOHOQ Y]KOHGHPNHVW Q QiV\SN\DEêWRGQt
Y]GiOHQêPP2EU
9\P
2EU
WHXStQDFtNROtN
'RGDQpXStQDFtNROtN\VORXåtMDNRQiKUDGD]D]ORPHQpXStQDFtNROtN\
N tåRYpKRNORXEXQDYVWXSQtPK tGHOLSRMLVWNDSURWLS HWtåHQt
=ORPHQpXStQDFtNROtN\QHQDKUD]XMWHVGUXåHQêPLXStQDFtPLNROtN\
QHERXStQDFtPLNROtN\NWHUpRGROiYDMtY\VRNpPX]DWtåHQt
3 LPRQWiåtSRXåtYHMWHSRX]HPPRWYRUNORXERYpYLGOLFHPP
RWYRUVORXåtSRX]HNHVQD]ãtPXY\MPXWt]ORPHQpKRXStQDFtKRNROtNX
3 HGPRQWiåtNORXERYpKRK tGHOHSURPDåWHYVWXSQtK tGHO
(.(.6%$*
ÒGUåEDRSUDY\DSpþHRVWURM
ÒGUåEDRSUDY\DSpþHRVWURM
1HEH]SHþt
3 LSURYiG Qt~GUåE\RSUDYDSpþHRVWURM]RKOHGQ WHNDSLWROX
Ä%H]SHþQRVWQtSRN\Q\SURREVOXKX³QDVWUDQu
3 HGSURYiG QtP~GUåE\Y\SQ WHYêYRGRYêK tGHOWUDNWRUX
Y\SQ WHPRWRUWUDNWRUXDY\MP WHNOtþN\]H]DSDORYiQt
ýLãW QtVWURMH
' OHåLWp
x
3HþOLY NRQWUROXMWHEU]GRYpY]GXFKRYpDK\GUDXOLFNp
KDGLFH
x
1DEU]GRYpY]GXFKRYpDK\GUDXOLFNpKDGLFHQLNG\
QHQDQiãHMWHEHQ]tQEHQ]ROSHWUROHMQHERPLQHUiOQtROHMH
x
3RY\þLãW QtVWURMSURPDåWH]YOiãW SRþLãW QtY\VRNRWODNêP
]D t]HQtPSDUQtPSDSUVNHPQHERRGPDã RYDþL
x
=RKOHGQ WH]iNRQQpS HGSLV\SURPDQLSXODFLD
RGVWUD RYiQtþLVWLFtFKSURVW HGN SRPRFtY\VRNpKRWODNXSDUQtPSDSUVNHP
' OHåLWp
x
%H]SRGPtQHþQ ]RKOHGQ WHQiVOHGXMtFtERG\SRNXGEXGHWH
S LþLãW QtSRXåtYDWY\VRNRWODNp]D t]HQtSDUQtSDSUVHN
R
1HþLVW WHHOHNWULFNpNRPSRQHQW\
R
1HþLVW WHFKURPRYDQpNRPSRQHQW\
R
ýLVWLFtPSDSUVNHPWU\VN\Y\VRNRWODNpKR]D t]HQt
SDUQtPSDSUVNHPQHPL WHQLNG\S tPRQDPD]DFtPtVWD
DORåLVND
R
9åG\GRGUåXMWHPLQLPiOQtY]GiOHQRVWWU\VHNþLQtFt
PPPH]LWU\VNRXY\VRNRWODNpKR]D t]HQtSRS WU\VNRXSDUQtKRSDSUVNXDVWURMHP
R
3 LPDQLSXODFLVY\VRNRWODNêPLþLVWLFtPLSURVW HGN\
GRGUåXMWHEH]SHþQRVWQtXVWDQRYHQt
5R]PHWDFtORSDWN\D~VWtQiV\SN\QHXVWiOHXGUåXMWHYþLVWRW 2GVWUD WHS LOHSHQp]E\WN\
(.(.6%$*
ÒGUåEDRSUDY\DSpþHRVWURM
•
•
0D]DFtSOiQ
,QWHUYDO\SURSURPD]iYiQtNORXERYêFK
K tGHOtXYiGtPHYKRGLQiFKQDREUi]NX
YHGOH'DOãtLQIRUPDFHVLSURVtPY\KOHGHMWH
YQiYRGXQDREVOXKXRGYêUREFH
NORXERYêFKK tGHOt
8h
20h
8h
8h
3RNDåGpPSRXåLWtSURPD]iYHMWHRWYRU\
KUDGtWHN
40h
2EU
,QIRUPDFH
3 LSURPD]iYiQtSRXåtYHMWHYtFH~þHORYêWXNVS tP VtOLWKLD
40h 8h
9êP QDUR]PHWDFtFKORSDWHN
(.6'HPRQWXMWHRPH]HQtSURãt NX
UR]PHWiQt
2GVWUD WHãURXE\DY\P
ORSDWNX2EU
WHUR]PHWDFt
âURXE\RS WSHYQ GRWiKQ WH
1HEH]SHþt
=MLVWtWHOLRSRW HEHQtSURUDåHQt
WHUR]PHWDFtORSDWNX
Y\P
1HEH]SHþtSRUDQ QtVWUDQ
RGOpWiYDMtFtFKY\ORPHQêFKþiVWt
UR]PHWDFtFKORSDWHN
2EU
9êP QDKODY\þHFKUDþH
8StQDFtNROtN2EURGVWUD WH]KODY\ þHFKUDþH
+ODYXþHFKUDþHY\WiKQ WHVP UHPQDKRUX
9ORåWHQRYRXKODYXþHFKUDþH
+ODYXþHFKUDþHDUR]PHWDFtNRWRXþ]DMLVW WH
GY PL]iYODþNDPL
' OHåLWp
=NRQWUROXMWHY]GiOHQRVWPH]LþHFKUDþHPDVW QRXQiV\SN\
ýHFKUDþVHPXVtQDFKi]HWSDUDOHOQ Y]KOHGHPNHVW Q QiV\SN\
DEêWRGQtY]GiOHQêPP2EU
+ODYDþHFKUDþHVHQHVPtRGtUDWRGQRQiV\SN\(YHQWXiOQ ]DW
ODþWHGQRQiV\SN\SRQ NXGVP UHPGRO (.(.6%$*
ÒGUåEDRSUDY\DSpþHRVWURM
+\GUDXOLFNp]D t]HQt
1HEH]SHþt
x
3RX]HDXWRUL]RYDQêVHUYLVVPtSURYiG WRSUDY\QD
K\GUDXOLFNpP]D t]HQt
x
+\GUDXOLFNp]D t]HQtMHSRGY\VRNêPWODNHP
x
3 LKOHGiQtQHW VQRVWtVHY\YDUXMWHPRåQpKR]UDQ Qt
SRXåtYiQtPRFKUDQQêFKSRP FHN
x
3 HGSUDFtQDK\GUDXOLFNpP]D t]HQtY\SXV WHWODN]FHOpKR
V\VWpPX
x
.DSDOLQ\Y\WpNDMtFtSRGY\VRNêPWODNHPK\GUDXOLFNêROHM
PRKRXSURQLNQRXWS HVSRNRåNXD]S VRELWW åNi]UDQ Qt
9S tSDG SRUDQ QtRNDPåLW Y\KOHGHMWHOpND VNRXSRPRF
1HEH]SHþtLQIHNFH
x
3 LS LSRMRYiQtK\GUDXOLFNêFKKDGLFNK\GUDXOLFHWUDNWRUX
GEHMWHQDWRDE\K\GUDXOLNDMDN]HVWUDQ\WUDNWRUXWDNL]H
VWUDQ\VWURMHQHE\ODSRGWODNHP
x
6WDUêROHMOLNYLGXMWHGOHS HGSLV 9S tSDG SUREOpP V
OLNYLGDFtROHMHNRQWDNWXMWHVYpKRGRGDYDWHOHROHMH
x
+\GUDXOLFNêROHMVNODGXMWHYPtVWHFKQHS tVWXSQêFKSURG WL
x
+\GUDXOLFNêROHMVHQHVPtGRVWDWGRS G\QHERGRYRG\
x
3 L~GUåE SQHXPDWLNDNRO]RKOHGQ WHNDSLWROX
Ä%H]SHþQRVWQtSRN\Q\SURREVOXKXVWUDQD
' OHåLWp
(.(.6%$*
x
'EHMWHQDVSUiYQpS LSRMHQtK\GUDXOLFNêFKKDGLF
x
3UDYLGHOQ NRQWUROXMWHVWDYK\GUDXOLFNêFKKDGLFDVSRMHN
SRãNR]HQtþL]QHþLãW Qt
x
0LQLPiOQ MHGQRXURþQ MHQXWQRSRY LWRGERUQtND
NRQWURORXIXQNþQtKRVWDYXK\GUDXOLFNêFKKDGLF
x
9S tSDG SRãNR]HQtD]HVWiUQXWtK\GUDXOLFNpKDGLFH
Y\P WH3RXåtYHMWHSRX]HRULJLQiOQtK\GUDXOLFNp
KDGLFH$0$=21(
x
'REDSRXåtYiQtSURSRMRYDFtFKK\GUDXOLFNêFKKDGLFE\
QHP ODS HNURþLWãHVWURN YþHWQ MHMLFKHYHQWXiOQtKR
VNODGRYiQtNWHUpVPtþLQLWPD[LPiOQ GYDURN\,S L iGQpP
VNODGRYiQtDSRXåtYiQtKDGLFDVSRMRYDFtFKSUYN W\WR
SRGOpKDMtS LUR]HQpPXSURFHVXVWiUQXWtNWHUêRPH]XMHGREX
MHMLFKVNODGRYiQtDSRXåtYiQt'pONXSRXåtYiQtKDGLFO]H
HYHQWXiOQ XSUDYLWQD]iNODG YODVWQtFK]NXãHQRVWt]YOiãW VS LKOpGQXWtPN]iYDåQRVWLPRåQpKRQHEH]SHþt3URKDGLFH
DVSRMRYDFtSUYN\]WHUPRSODVW PRKRXEêWXYiG Q\MLQp
VP UQpKRGQRW\
ÒGUåEDRSUDY\DSpþHRVWURM
2]QDþHQtK\GUDXOLFNêFKKDGLF
=R]QDþHQtDUPDWXU\O]HY\þtVWQiVOHGXMtFt
LQIRUPDFH
2EU
2]QDþHQtYêUREFHK\GUDXOLFNpKDGLFH
$+)
'DWXPYêURE\K\GUDXOLFNpKDGLFH ~QRU
0D[LPiOQ S tSXVWQêSURYR]QtWODN
EDU 2EU
,QWHUYDO\SURSURYiG Qt~GUåE\
3RSUYQtFKSURYR]QtFKDSRWpNDåGêFKSURYR]QtFKKRGLQ
=NRQWUROXMWHYHãNHUpNRPSRQHQW\K\GUDXOLFNpKR]D t]HQt]GD
W VQt
(YHQWXiOQ GRWiKQ WHãURXERYDQpVSRMH
3 HGNDåGêPXYHGHQtPGRSURYR]X
3URYH WHYL]XiOQtNRQWUROXK\GUDXOLFNêFKKDGLF
2GVWUD WHRG HQiPtVWDQDK\GUDXOLFNêFKKDGLFtFKDWUXENiFK
2NDPåLW Y\P
KDGLFH
WHRSRW HEHQpQHERSRãNR]HQpK\GUDXOLFNp
.ULWpULDSURNRQWUROXK\GUDXOLFNêFKKDGLF
' OHåLWp
3URYODVWQtEH]SHþQRVWGRGUåXMWHQiVOHGXMtFtSRVWXSS LNRQWUROH
K\GUDXOLFNêFKKDGLF
+\GUDXOLFNpKDGLFHQDKUD WHYS tSDG SRNXGS LNRQWUROH
]MLVWtWHQiVOHGXMtFtVNXWHþQRVWL
•
•
•
•
•
3RãNR]HQtYQ MãtYUVWY\DåSRYORåNXQDS SURG HQiPtVWD
H]\WUKOLQ\
=N HKQXWtYQ MãtYUVWY\WYRUEDWUKOLQYPDWHULiOXKDGLFH
'HIRUPDFHNWHUpQHRGSRYtGDMtS LUR]HQpPXWYDUXKDGLFHQHER
YHGHQt-DNYSRWUXEtEH]WODNXWDNLYHVWDYXSRGWODNHPQHERS L
RK\EXQDS RGG ORYiQtYUVWHYWYRUEDEXEOLQS LVN tSQXWi
PtVWDVWODþHQiPtVWD
1HW VQiPtVWD
•
3RãNR]HQtQHERGHIRUPDFHDUPDWXU\KDGLFHQHJDWLYQtRYOLYQ Qt
W VQtFtIXQNFHQHSDWUQpSRYUFKRYpSRãNR]HQtQHQtG YRGHP
SURYêP QXKDGLFH
9\MHWtKDGLFH]DUPDWXU\
•
.RUR]HDUPDWXU\NWHUiVQLåXMWHIXQNFLDSHYQRVW
•
1HGRGUåHQtSRåDGDYN NODGHQêFKQDPRQWiå
•
3 HNURþHQtGRE\SRXåtYiQtKDGLFþLQtFtOHW
5R]KRGXMtFtMHGDWXPYêURE\K\GUDXOLFNpKDGLFHQDDUPDWX H
SOXVOHW-HOLQDDUPDWX HXYHGHQRGDWXPYêURE\NRQþt
GREDSRXåtYiQtKDGLFHY~QRUX9L]2]QDþRYiQt
K\GUDXOLFNêFKKDGLF
(.(.6%$*
ÒGUåEDRSUDY\DSpþHRVWURM
0RQWiåDGHPRQWiåK\GUDXOLFNêFKKDGLF
'RSRUXþHQt
3 LPRQWiåLDGHPRQWiåLK\GUDXOLFNêFKKDGLFEH]SRGPtQHþQ GRGUåXMWHQiVOHGXMtFtGRSRUXþHQt
x
3RXåtYHMWHSRX]HRULJLQiOQtK\GUDXOLFNpKDGLFH
$0$=21(
x
=iVDGQ GEHMWHQDþLVWRWX
x
+\GUDXOLFNpKDGLFHVHPXVt]iVDGQ LQVWDORYDWWDNDE\Y
NDåGpPSURYR]QtPVWDYX
R
RGSDGORQDPiKiQtYWDKXY\MPDQDPiKiQtYODVWQt
KPRWQRVWt
R
YS tSDG PDOpGpON\RGSDGORG\QDPLFNp]DWtåHQt
R
GRãORNSRWODþHQtYQ MãtFKPHFKDQLFNêFKYOLY QD
K\GUDXOLFNpKDGLFH
=DPH]WHRGtUiQtKDGLFRNRQVWUXNþQtGtO\QHER
QDY]iMHPDVLFH~þHOQêPXPtVW QtPDS LSHYQ QtP
+\GUDXOLFNpKDGLFHHYHQWXiOQ ]DMLVW WHSRPRFt
RFKUDQQêFKQiYOHN =DNU\MWHNRPSRQHQW\VRVWUêPL
KUDQDPL
R
QHGRãORNH]PHQãHQtS tSXVWQêFKSRORP U RK\EX
x
3 LS LSRMHQtK\GUDXOLFNpKDGLFHQDSRK\EXMtFtVHGtO\VH
PXVtGLPHQ]RYDWGpONDKDGLFHWDNDE\VHYFHOpREODVWL
SRK\EXQH]PHQãLOS tSXVWQêSRORP URK\EXDQHERDE\
QHGRãORNGRGDWHþQpPX]DWtåHQtK\GUDXOLFNpKDGLFHWDKHP
x
+\GUDXOLFNpKDGLFHS LSHYQ WHNS HGHP]DGDQêP
S LSHY RYDFtPERG P'UåiN\SURKDGLFHQHLQVWDOXMWHWDP
NGHE\PRKO\RPH]LWS LUR]HQêSRK\EDGpONRYp]P Q\
KDGLFH
x
3 HODNRYiYiQtK\GUDXOLFNêFKKDGLFMH]DNi]iQR
(.(.6%$*
ÒGUåEDRSUDY\DSpþHRVWURM
'RWDKRYDFtPRPHQW\XãURXE =iYLW
0
0[
0
0[
0
0[
0
0[
0
0[
0
0[
0
0[
0
0[
0
0[
0
0[
0
0[
9HOLNRVWNOtþH
>PP@
'RWDKRYDFtPRPHQW\>1P@
Y]iYLVORVWLQDW tG MDNRVWLãURXE PDWLF
(.(.6%$*
5R]PHWDFtWDEXOND(.6
5R]PHWDFtWDEXOND(.6
3RORK\KUDGtWHNSURUR]PHWDQpPQRåVWYt>JP @DSUDFRYQt]iE U\S L
±
•
RWiþNiFKUR]PHWDFtFKNRWRXþ PLQ •
SRXåtYiQtW\þRYpKRþHFKUDFtKR~VWURMt
6 ONJO
N
HWt
GD
UK
D
KR
OR
3
NPK
NPK
NPK
(.(.6%$*
5R]PHWDFtWDEXOND(.6
3tVHNV ONJO 3tVHNãW UNNJO
N
WHt
GD
UK
D
KR
OR
3
NPK
NPK
NPK
(.(.6%$*
5R]PHWDFtWDEXOND(.
5R]PHWDFtWDEXOND(.
6RUW\13.
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
P ,
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
8PLQ
$%RWHY HQp
NPK
/HGHNYiSHQDWê
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
,
P
8PLQ
$%RWHY HQp
NPK
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
NPK
P ,,,
8PLQ
$%RWHY HQp
(.(.6%$*
'XVLþQDQDPRQQê
5R]PHWDQpPQRåVWYtYNJKD
3RORKDKUDGtWHN
6tUDQRYêDPRQLDN
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P
,,,
8PLQ
$%RWHY HQp
NPK
5R]PHWDFtWDEXOND(.
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P ,,
8PLQ
$%RWHY HQp
NPK
7KRPDVRYDPRXþND
5R]PHWDQpPQRåVWYtYNJKD
3RORKDKUDGtWHN
'XVtNDWpYiSQR
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P
,
8PLQ
%X]DY HQp
NPK
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P ,
8PLQ
$%RWHY HQp
NPK
'UDVORKUXEp
5R]PHWDQpPQRåVWYtYNJKD
3RORKDKUDGtWHN
6XSHUIRVIiW
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P
,,,
8PLQ
$%RWHY HQp
NPK
(.(.6%$*
5R]PHWDFtWDEXOND(.
=UQLWpGUDVOR
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P ,,
8PLQ
$%RWHY HQp
NPK
7KRPDVRYRGUDVOR
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P
,,,
8PLQ
$%RWHY HQp
NPK
(.(.6%$*
5R]PHWDFtWDEXOND(.
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
'UDVORNUXSLFRYp
5R]PHWDQpPQRåVWYtYNJKD
P ,,
8PLQ
$%RWHY HQp
NPK
3RORKDKUDGtWHN
5KH.D3KRV
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P
,,
8PLQ
$X]DY HQp
NPK
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P ,,,
8PLQ
6WRGL3KRV1RYD3KRV
$%RWHY HQp
NPK
(.(.6%$*
5R]PHWDFtWDEXOND(.
+QRMLYRSURUR]PHWiQtSRPRFtW\þRYpKRþHFKUDþH
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P ,,
8PLQ
$%RWHY HQp
NPK
(.(.6%$*
+R HþQDWêVOtQ
5R]PHWDQpPQRåVWYtYNJKD
3RORKDKUDGtWHN
3iOHQpYiSQR
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P
,,
8PLQ
$%RWHY HQp
NPK
5R]PHWDFtWDEXOND(.
2ELOtRVLYR
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3RORKDKUD
GtWHN
8PLQ
$%RWHY HQp
NPK
2YHV
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P ,,
8PLQ
$%RWHY HQp
NPK
P ,,
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
-HþPHQ
3ãHQLFH
3RORKDKUDGtWHN
äLWR
3RORKDKUD
GtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P
,,
8PLQ
$%RWHY HQp
NPK
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P
,,
8PLQ
$%RWHY HQp
NPK
(.(.6%$*
5R]PHWDFtWDEXOND(.
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
8PLQ
%X]DY HQp
3RORKDKUDGtWHN
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P ,,
8PLQ
$%RWHY HQp
NPK
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P
,
8PLQ
$X]DY HQp
NPK
HSND
5R]PHWDQpPQRåVWYtYNJKD
P ,
NPK
+R NiOXSLQD
9RMW ãND
3RORKDKUDGtWHN
.RVW DYDOXþQt
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P
,,,
8PLQ
%X]DY HQp
NPK
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P ,,
8PLQ
%X]DY HQp
NPK
(.(.6%$*
þHUYHQêMHWHOQHEREtOêMHWHO
3RORKDKUD
GtWHN
3RORKDKUD
GtWHN
9RGQLFH
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P
,
8PLQ
$X]DY HQp
NPK
5R]PHWDFtWDEXOND(.
3RORKDKUDGtWHN
5R]PHWDQpPQRåVWYtYNJKD
3UDFRYQt]iE U
3RORKDORSDWHN
2WiþN\YêYRGRYpKR
K tGHOH
+UDGtWNR
P ,
8PLQ
%RE
%X]DY HQp
NPK
(.(.6%$*
(.(.6%$*
+'5(<(5*PE+&R.*
7HO
3RVWIDFK
'+DVEHUJHQ*DVWH7HOHID[ HPDLO DPD]RQH#DPD]RQHGH
*HUPDQ\
KWWS ZZZDPD]RQHGH
%%*%RGHQEHDUEHLWXQJVJHUlWH
/HLS]LJ*PE+&R.*
5LSSDFKWDOVWU
'/HLS]LJ
*HUPDQ\
2GãW SQp]iYRG\'+XGH•'/LSVNR
•))RUEDFK)LOLiON\Y$QJOLLDYH)UDQFLL
=iYRG\QDYêUREXUR]PHWDGHOPLQHUiOQtKRKQRMLYDSRVW LNRYDþ VHFtFKVWURM VWURM QDREG OiYiQt
S G\YtFH~þHORYêFKVNODGRYDFtFKKDODNRPXQiOQtWHFKQLN\

Podobné dokumenty

V0202

V0202 NYDOLWQtFKSURåLWN NQLPåSDW tQDS I\]LFNiQiPDKDRGROQRVWDVSRUWWUpQLQNYS HNRQiYiQtS HNiåHNþ HWEDKXGEDSRE\WYS tURG S HPêãOHQtRVRE LRVY W 7RYãHFKQRP åHUR]KRGRYDWR...

Více

GS 215 400V

GS 215 400V ' OHåLWp 3 tYRG\S LSUDYHQpRGE UDWHOHPMHW HED VLWXRYDWYHGOHVWURMH 3 LS LSRMRYiQtNHOHNWULFNpDYRGRYRGQtLQVWDODFLMH W HEDGEiWQDGRGUåRYiQtS HGSLV SODWQêFKY PtVW D]HPLPRQWiåH 3RX...

Více

OHNWURQi DGt DS tVOXăHQVWYt DREMEL

OHNWURQi DGt DS tVOXăHQVWYt DREMEL s GRVWDWHþQêP YêNRQHP D YãHVWUDQQRVWt a s rozsáhlou nabídkou ptVOXãHQVWYt 'QHV MH SUR QiDGt 'UHPHO  SHV  GUXK$ StVOXãHQVWYt V 86$SDWtQ\QtN QHM~VS ãQ MãtPHOHNWURQiDGtP...

Více

"Super Space" SL-1-5 - produktinfo.conrad.com

"Super Space" SL-1-5 - produktinfo.conrad.com 3L äNRGiFK ]DYLQ QëFK QHUHVSHNWRYiQtP QiYRGX N SRXæLWt ]DQLNi QiURN QD ]iUXNX =D QiVOHGQp äNRG\ NWHUp ] WRKR PRKRX Y\SO\QRXW QHSHEtUiPH RGSRY GQRVW

Více

Návod na obsluhu

Návod na obsluhu QiYRGQDREVOXKX8VFKRYHMWH MHMSURGDOãtSRXåLWt

Více

35(66 - Great Plains Manufacturing

35(66 - Great Plains Manufacturing 3ĜHGSURYiGČQtP~GUåE\VL 1iYRGNREVOX]H SĜHþWČWHQiYRGNREVOX]H 9QiYRGXNREVOX]HMVRXUR]OLãHQ\WĜLUĤ]Qp W\S\ YDURYiQt D EH]SHþQRVWQtFK LQVWUXNFt -VRXSRXåLW\QiVOHGXMtFtJUD¿FNpV...

Více