Download Samsung PL121 Užívateľská príručka

ĆDNXMHPHåHVWHVL]DN~SLOLIRWRDSDUiW
]QDþN\6DPVXQJ
7HQWRQiYRGQDSRXåLWLHREVDKXMH
SRGUREQpLQãWUXNFLHRKĐDGRPSRXåLWLD
IRWRDSDUiWX3R]RUQHVLKRSURVtP
SUHþtWDMWH
Ä Kliknite na tému
=iNODGQpULHãHQLHSUREOpPRY
User Manual
PL20/PL21
5êFKO\VSULHYRGFD
2EVDK
=iNODGQpIXQNFLH
5R]ãtUHQpIXQNFLH
0RåQRVWLVQtPDQLD
3UHKUiYDQLHÒSUDY\
1DVWDYHQLD
3UtORK\
5HJLVWHU
,QIRUPiFLHREH]SHþQRVWLDRFKUDQH]GUDYLD
9åG\NRQDMWHSRGĐDXYHGHQêFKXSR]RUQHQtDWLSRYRSRXåLWtSUtVWURMDþtP]DEUiQLWHY]QLNXQHEH]SHþQêFKVLWXiFLtDIRWRDSDUiW
Y\XåLMHWHYPD[LPiOQHMPLHUH
)RWRDSDUiWXGUåXMWHPLPRGRVDKXPDOêFKGHWt
D]YLHUDW
9DURYDQLH±VLWXiFLHNHG\P{åHG{MVĢN]UDQHQLXYiVþL
ćDOãtFKRV{E
)RWRDSDUiWDYãHWNRSUtVOXãHQVWYRXGUåXMWHPLPRGRVDKX
PDOêFKGHWtD]YLHUDW9SUtSDGHYGêFKQXWLDP{åHG{MVĢ
NGXVHQLXDOHERYiåQHPX]UDQHQLX3RK\EOLYpGLHO\
DSUtVOXãHQVWYRP{åXSUHGVWDYRYDĢI\]LFNpRKUR]HQLH
)RWRDSDUiWQHUR]REHUDMWHDDQLVDKRQHSRN~ãDMWH
RSUDYRYDĢ
0RKORE\WRY\~VWLĢGRSRUDQHQLDHOHNWULFNêPSU~GRPDOHER
GRSRãNRGHQLDIRWRDSDUiWX
)RWRDSDUiWQHY\VWDYXMWHQDGOKãtþDVSULDPHPXVOQNX
DQLY\VRNêPWHSORWiP
)RWRDSDUiWQHSRXåtYDMWHYEOt]NRVWLKRUĐDYêFKDOHER
YêEXãQêFKSO\QRYþLNYDSDOtQ
0{åHWRVS{VRELĢSRåLDUDOHERYêEXFK
'OKãLHY\VWDYHQLHIRWRDSDUiWXVOQHþQpPXVYHWOXDOHER
Y\VRNêPWHSORWiPYHGLHNSRãNRGHQLXYQ~WRUQêFKV~þDVWt
IRWRDSDUiWX
'RIRWRDSDUiWXQHYNODGDMWHKRUĐDYpPDWHULiO\DQLWLHWR
PDWHULiO\QHXNODGDMWHGREOt]NRVWLIRWRDSDUiWX
)RWRDSDUiWDQLQDEtMDþNXQHSULNUêYDMWHOiWNDPLDQL
REOHþHQtP
0RKORE\WRVS{VRELĢSRåLDUDOHERSRUDQHQLHHOHNWULFNêP
SU~GRP
)RWRDSDUiWVDP{åHSUHKULDĢþRKRP{åHSRND]LĢDOHERWR
P{åHVS{VRELĢSRåLDU
)RWRDSDUiWXVDQHGRWêNDMWHPRNUêPLUXNDPL
$NVDGRYiãKRIRWRDSDUiWXGRVWDQ~WHNXWLQ\DOHER
FXG]LHSUHGPHW\RGSRMWHYãHWN\]GURMHQDSiMDQLD
DNRMHQDSUtNODGEDWpULDDOHERQDEtMDþNDDSRWRP
NRQWDNWXMWHVHUYLVQpVWUHGLVNRVSRORþQRVWL6DPVXQJ
0{åHWRVS{VRELĢSRUDQHQLHHOHNWULFNêPSU~GRP
&KUiĖWH]UDNREMHNWX
1HSRXåtYDMWHEOHVNYEOt]NRVWLPHQHMQHåPĐXGtþL]YLHUDW
$NEOHVNSRXåtYDWHSUtOLãEOt]NRRþtREMHNWXP{åHWRVS{VRELĢ
GRþDVQpDOHERWUYDOpSRãNRGHQLH]UDNX
,QIRUPiFLHREH]SHþQRVWLDRFKUDQH]GUDYLD
%DWpULHQHSRXåtYDMWHQD~þHO\QDNWRUpQHEROL
QDYUKQXWp
Pozor±VLWXiFLHNHG\P{åHG{MVĢNSRãNRGHQLX
IRWRDSDUiWXþLćDOãtFK]DULDGHQt
0RKORE\WRVS{VRELĢSRåLDUDOHERSRUDQHQLHHOHNWULFNêP
SU~GRP
$NIRWRDSDUiWXNODGiWHQDGOKãtþDVY\EHUWH]QHKR
EDWpULX
%OHVNXVDSRþDVMHKRþLQQRVWLQHGRWêNDMWH
%DWpULHSRQHFKDQpYRIRWRDSDUiWHP{åXSRþDVHY\WLHFĢ
DOHERVNRURGRYDĢDSRãNRGLĢIRWRDSDUiW
3ULþLQQRVWLMHEOHVNYHĐPLKRU~FLDP{åHYiVSRSiOLĢ
$NSRXåtYDWHQDEtMDþNXQDVWULHGDYêSU~GY\SQLWH
IRWRDSDUiWVN{UDNRW~WRQDEtMDþNXRGSRMtWH
3RXåtYDMWHLEDRULJLQiOQHYêUREFRPRGSRU~þDQp
OtWLRYRLyQRYpQiKUDGQpEDWpULH%DWpULX
QHSRãNRG]XMWHDQLMXQHRKULHYDMWH
1HGRGUåDQLHWRKWRSRN\QXP{åHYLHVĢNSRåLDUXDOHER
SRUDQHQLXHOHNWULFNêPSU~GRP
0RKORE\WRVS{VRELĢSRåLDUDOHERSRUDQHQLDRV{E
1HSRXåtYDQ~QDEtMDþNXRGSRMWHRGVLHWH
3RXåtYDMWHLEDEDWpULHQDEtMDþN\NiEOH
DSUtVOXãHQVWYRNWRUpV~VFKYiOHQpVSRORþQRVĢRX
6DPVXQJ
1HGRGUåDQLHWRKWRSRN\QXP{åHYLHVĢNSRåLDUXDOHER
SRUDQHQLXHOHNWULFNêPSU~GRP
‡ 1HRGV~KODVHQpEDWpULHQDEtMDþN\NiEOHDOHER
SUtVOXãHQVWYRP{åHVS{VRELĢYêEXFKEDWpULHSRãNRGHQLH
IRWRDSDUiWXDOHERSRUDQHQLH
‡ 6SRORþQRVĢ6DPVXQJQLHMH]RGSRYHGQi]DãNRG\DOHER
SRUDQHQLDVS{VREHQpSRXåtYDQtPQHRGV~KODVHQêFKEDWpULt
QDEtMDþLHNNiEORYDOHERSUtVOXãHQVWYD
3ULQDEtMDQtEDWpULtQHSRXåtYDMWHSRãNRGHQêVLHĢRYê
SUtYRG]iVWUþNXDQLVLHĢRY~]iVXYNX
0RKORE\WRVS{VRELĢSRåLDUDOHERSRUDQHQLHHOHNWULFNêP
SU~GRP
1HGRYRĐWHDE\VDQDEtMDþNDQDVWULHGDYêSU~GGRVWDOD
GRNRQWDNWXVNRQFRYNDPLQDEDWpULL
+UR]tSRåLDUDOHER~UD]HOHNWULFNêPSU~GRP
,QIRUPiFLHREH]SHþQRVWLDRFKUDQH]GUDYLD
1DGLHO\IRWRDSDUiWXQHWODþWHDQLQDQHQHY\YtMDMWH
WODN
3UHGSRXåLWtPIRWRDSDUiWY\VN~ãDMWH
9êUREFDQHQHVLHåLDGQX]RGSRYHGQRVĢ]DVWUDWHQpGiWDDQL
ãNRG\VS{VREHQpQHIXQNþQRVĢRXIRWRDSDUiWXDOHERMHKR
QHVSUiYQ\PSRXåLWtP
0RKORE\WRVS{VRELĢSRUXFKXIRWRDSDUiWX
3ULSULSiMDQtNiEORYþLVLHĢRYêFKDGDSWpURYDSUiFL
VNDUWRXþLEDWpULRXNRQDMWHRSDWUQH
.iEHOMHQXWQpSULSRMLĢ]iVWUþNRXVNRQWURONRXകGR
IRWRDSDUiWX
3RXåLWLHVLO\QD]iVWUþN\SRXåLWLHQHYKRGQêFKNiEORY
DQHVSUiYQDLQãWDOiFLDEDWpULHþLNDUW\YHGLHNSRãNRGHQLX
]iVXYLHNSUtVWURMDDSUtVOXãHQVWYD
$NNiEHORWRþtWHP{åHG{MVĢNSRãNRGHQLXV~ERURY9êUREFD
QH]RGSRYHGi]DåLDGQHãNRG\VSRMHQpVRVWUDWRXGiW
.DUW\VPDJQHWLFNêPLSiVPLXGUåLDYDMWHPLPRSX]GUD
IRWRDSDUiWX
,QIRUPiFLHXORåHQpQDNDUWHE\VDPRKOLSRãNRGLĢDOHER
Y\PD]DĢ
1HSRXåtYDMWHSRãNRGHQpQDEtMDþN\EDWpULHDQLNDUW\
0{åHWRY\~VWLĢGRSRUDQHQLDHOHNWULFNêPSU~GRP
SRãNRGHQLDIRWRDSDUiWXDOHERE\WRPRKORVS{VRELĢSRåLDU
8VSRULDGDQLHQiYRGXQDSRXåLWLH
=iNODGQpIXQNFLH
,QIRUPiFLDRDXWRUVNêFKSUiYDFK
7XQiMGHWHSRSLVIRWRDSDUiWXLNRQD]iNODGQêFK
IXQNFLtVQtPDQLD
‡ 0LFURVRIW:LQGRZVDORJR:LQGRZVV~
UHJLVWURYDQêPLRFKUDQQêPL]QiPNDPLVSRORþQRVWL
0LFURVRIW&RUSRUDWLRQ
‡ 0DFMHUHJLVWURYDQRXRFKUDQQRX]QiPNRX
VSRORþQRVWL$SSOH&RUSRUDWLRQ
‡ 2FKUDQQp]QiPN\DREFKRGQpQi]Y\SRXåLWpYWHMWR
SUtUXþNHV~PDMHWNRPLFKSUtVOXãQêFKYODVWQtNRY
5R]ãtUHQpIXQNFLH
7XVDGR]YLHWHDNRIRWRJUDIRYDĢVU{]Q\PL
UHåLPDPLDDNRQDKUiYDĢYLGHiDOHERKODVRYp
SR]QiPN\
0RåQRVWLVQtPDQLD
7XVDGR]YLHWHYLDFRPRåQRVWLDFKQDVWDYHQLDY
UHåLPHVQtPDQLD
‡ 9UiPFL]OHSãHQLDYêURENXP{åXE\ĢSDUDPHWUH
IRWRDSDUiWXDOHERREVDKWRKWRQiYRGX]PHQHQp
EH]SUHGFKiG]DM~FHKRXSR]RUQHQLD
‡ ,QIRUPiFLHRKĐDGRPOLFHQFLH2SHQ6RXUFH
/LFHQVHQiMGHWHYGRNXPHQWHÄ2SHQ6RXUFH,QIR
SGI³QDSULORåHQRPGLVNX&'
3UHKUiYDQLHÒSUDY\
7XVDGR]YLHWHYLDFRSUHKUiYDQtVQtPRNYLGHtD
KODVRYêFKSR]QiPRNDR~SUDYHVQtPRNDYLGHt
1DXþtWHVDWDNWLHåSULSRMLĢIRWRDSDUiWNIRWRWODþLDUQL
DWHOHYt]RUX
1DVWDYHQLD
3R]ULWHVLPRåQRVWLNRQ¿JXUiFLHQDVWDYHQt
IRWRDSDUiWX
3UtORK\
7XQiMGHWHFK\ERYpVSUiY\WHFKQLFNp~GDMHDWLS\
SUH~GUåEX
2]QDþHQLDSRXåLWpYQiYRGH
5HåLPVQtPDQLD
,NRQ\SRXåLWpYQiYRGH
,NRQD )XQNFLD
2]QDþHQLH
6PDUW$XWR,QWHOLJHQWQH
DXWRPDWLFN\
ĆDOãLHLQIRUPiFLH
3URJUDP
[ ]
',6
)
3KRWR+HOS*XLGH
)RWRJUD¿FNê
VSULHYRGFD
ĺ
6FHQH6FpQD
0RYLH9LGHR
*
,NRQ\UHåLPRYVQtPDQLD
%H]SHþQRVWQpYDURYDQLDDXSR]RUQHQLD
7ODþLGOiIRWRDSDUiWXQDSU>6S~ãĢ@R]QDþXMHWODþLGOR
VS~ãWH
ýtVORVWUDQ\VSUtVOXãQRXLQIRUPiFLRX
3RUDGLHPRåQRVWtDOHERSRQ~NNWRUpMHQXWQp
SRVWXSQH]YROLĢSUHGRNRQþHQLHNURNX1DSU9\EHUWH
6KRRWLQJ6QtPDQLHĺ:KLWH%DODQFH9\YiåHQLH
ELHOHMSUHGVWDYXMHYêEHUSRORåN\6KRRWLQJ
6QtPDQLHDQiVOHGQêYêEHUSRORåN\:KLWH%DODQFH
9\YiåHQLHELHOHM
9\VYHWOLYND
6NUDWN\SRXåLWpYQiYRGH
7LHWRLNRQ\R]QDþXM~åHIXQNFLDMHGRVWXSQiY
]RGSRYHGDM~FRPUHåLPH5HåLP
QHPXVtSRGSRURYDĢ
IXQNFLHSUHYãHWN\VFpQ\
6NUDWND
ACB
QDSU
AEB
'RVWXSQpY
UHåLPRFK3URJUDP
',6D0RYLH
9LGHR
AF
',6
DPOF
EV
,62
WB
'H¿QtFLD
$XWR&RQWUDVW%DODQFH
$XWRPDWLFNpY\YiåHQLHNRQWUDVWX
$XWR([SRVXUH%UDFNHW
$XWRPDWLFNiVpULDVR]PHQRXH[SR]tFLH
$XWR)RFXV$XWRPDWLFNpRVWUHQLH
'LJLWDO,PDJH6WDELOLVDWLRQ'LJLWiOQD
VWDELOL]iFLDREUD]X
'LJLWDO3ULQW2UGHU)RUPDW
)RUPiWSUHREMHGQiYDQLHWODþHIRWRJUD¿t
([SRVXUH9DOXH+RGQRWDH[SR]tFLH
,QWHUQDWLRQDO2UJDQL]DWLRQIRU6WDQGDUGL]DWLRQ
0HG]LQiURGQiRUJDQL]iFLDSUHãWDQGDUGL]iFLX
:KLWH%DODQFH9\YiåHQLHELHOHM
9êUD]\SRXåLWpYQiYRGH
6WODþHQLHWODþLGODVS~ãWH
([SR]tFLDMDV
‡ 3RORYLþQpVWODþHQLH>6S~ãĢ@6S~ãĢVWODþWHGRSRORYLFH
‡ 6WODþHQLH>6S~ãĢ@6S~ãĢVWODþWH~SOQH
0QRåVWYRVYHWODNWRUpSUHMGHGRIRWRDSDUiWXVDR]QDþXMH
DNRH[SR]tFLD([SR]tFLXP{åHWHRYSO\YQLĢ]PHQRX
H[SR]LþQpKRþDVXFORQ\DUêFKORVWL,62=PHQDH[SR]tFLH
YHGLHNWPDYãtPDOHERVYHWOHMãtPVQtPNDP
3RORYLþQpVWODþHQLH>6S~ãĢ]
1RUPiOQDH[SR]tFLD
6WODþHQLH>6S~ãĢ]
2EMHNWSR]DGLHDNRPSR]tFLD
‡ 2EMHNW+ODYQêREMHNWVFpQ\QDSURVRED]YLHUDDOHER
]iWLãLH
‡ 3R]DGLH3UHGPHW\RNRORREMHNWX
‡ .RPSR]tFLDKRPELQiFLDREMHNWXDSR]DGLD
3R]DGLH
KRPSR]tFLD
2EMHNW
3UHH[SR]tFLDSUtOLãVYHWOp
=iNODGQpULHãHQLHSUREOpPRY
7XQiMGHWHRGSRYHGHQDQDMþDVWHMãLHRWi]N\9lþãLQXĢDåNRVWtP{åHWHMHGQRGXFKRY\ULHãLĢQDVWDYHQtPPRåQRVWtVQtPDQLD
2þLREMHNWXVDMDYLD -HWRVS{VREHQpRGUD]RPVYHWODEOHVNXRGVLHWQLFHRND
þHUYHQp
‡ 0RåQRVĢEOHVNXQDVWDYWHQD 5HGH\HýHUYHQpRþLDOHER 5HGH\H)L[5HGXNFLD
þHUYHQêFKRþtVWU
‡ $NXåERODVQtPNDY\WYRUHQiYSRQXNH~SUDYY\EHUWH 5HGH\H)L[5HGXNFLDþHUYHQêFK
RþtVWU
1DVQtPNDFKV~
3UDFKRYpþDVWLFHYRY]GXFKXV~]YêUD]QHQpSULSRXåLWtEOHVNX
SUDFKRYpVWRS\
‡ 9\SQLWHEOHVNDOHERQHIRWRJUDIXMWHYSUDãQRPSURVWUHGt
‡ 1DVWDYWHUêFKORVĢ,62VWU
6QtPN\QLHV~RVWUp 0{åHWRE\ĢVS{VREHQpIRWRJUDIRYDQtPYãHUHDOHERQHVSUiYQ\PGUåDQtPSUtVWURMD
‡ 6WODþHQtP>6S~ãĢ]GRSRORYLFHVDXLVWLWHåHMHQDREMHNW]DRVWUHQpVWU
‡ 3RXåLWHUHåLP VWU
6QtPN\V~SUL
QRþQRPVQtPDQt
QHRVWUp
9SURWLVYHWOH
Y\FKiG]DM~REMHNW\
SUtOLãWPDYp
)RWRDSDUiWVDSRN~ãDY\XåLĢ]Y\ãN\VYHWODDH[SR]LþQêþDVVDSUHGOåXMH
=Y\ãXMHWRSRåLDGDYN\QDVWDELOLWXIRWRDSDUiWXDP{åHYLHVĢNUR]WUDVHQLXVQtPN\
‡ 9\EHUWH 1LJKW1RFYUHåLPH VWU
‡ =DSQLWHEOHVNVWU
‡ 1DVWDYWHUêFKORVĢ,62VWU
‡ 1DVWDELOQpXSHYQHQLHIRWRDSDUiWXSRXåLWHVWDWtY
$NMH]DREMHNWRPVLOQêVYHWHOQê]GURMDOHERMHYVFpQHYHĐNêNRQWUDVWPHG]LVYHWOêPLD
WPDYêPLREODVĢDPLREMHNWY\MGHQDVQtPNHWPDYê
‡ =DEUiĖWHVQtPDQLXNHćVDVOQNRQDFKiG]D]DREMHNWRP
‡ 9\EHUWH %DFNOLJKW3URWLVYHWORYUHåLPH VWU
‡ 0RåQRVĢEOHVNXQDVWDYWHQD )LOOLQ9\URYQiYDFtVWU
‡ 1DVWDYWHPRåQRVĢ$XWRPDWLFNpY\YiåHQLHNRQWUDVWXACBVWU
‡ 1DVWDYWHH[SR]tFLXVWU
‡ 0HUDQLHQDVWDYWHQD 6SRW%RGRYpYSUtSDGHåHVDREMHNWQDFKiG]DYVWUHGHUiPþHNDVWU
5êFKO\VSULHYRGFD
1DVWDYHQLHH[SR]tFLHMDV
)RWRJUDIRYDQLHRV{E
‡
UHåLP!%HDXW\6KRW6QtPNDVUHWXãRXf
UHåLP!3RUWUDLW3RUWUpWf
‡
‡ 5HGH\HýHUYHQpRþL5HGH\H)L[5HGXNFLD
þHUYHQêFKRþtSUH]DEUiQHQLHDOHERRSUDYX
þHUYHQêFKRþtf
‡ )DFH'HWHFWLRQ'HWHNFLDWYiUHf
‡ 5êFKORVĢ,62QDVWDYHQLHFLWOLYRVWLQDVYHWORf
‡ (9QDVWDYHQLHH[SR]tFLHf
‡ $&%NRPSHQ]iFLDH[SR]tFLHREMHNWXQDMDVQRP
SR]DGtf
‡ 0HWHULQJf
‡ $(%Y\WYRUHQLHWURFKVQtPRNURYQDNHMVFpQ\V
U{]QRXH[SR]tFLRXf
)RWRJUDIRYDQLHYQRFLDOHERYãHUH
‡
‡
UHåLP!1LJKW1RFf
UHåLP!6XQVHW=iSDGVOQND'DZQÒVYLW
f
‡ 0RåQRVWLEOHVNXf
‡ 5êFKORVĢ,62QDVWDYHQLHFLWOLYRVWLQDVYHWORf
3RXåLWLHU{]Q\FKHIHNWRY
‡ 6PDUW)LOWHU,QWHOLJHQWQê¿OWHUSUHSRXåLWLHHIHNWRY
f
‡ ,PDJH$GMXVW1DVWDYHQLHREUD]XSUHQDVWDYHQLH
VDWXUDWLRQVêWRVĢVKDUSQHVVRVWURVĢDOHER
FRQWUDVWNRQWUDVWf
9\WYiUDQLHDNþQêFKVQtPRN
‡ &RQWLQXRXV6HNYHQþQp0RWLRQ&DSWXUH
=DFK\WHQLHSRK\EXf
2EPHG]HQLHRWUDVRYIRWRDSDUiWX
‡
UHåLPf
)RWRJUDIRYDQLHKP\]XDOHERNYHWtQ
‡
UHåLP!&ORVH8S=EOt]NDf
‡ 0DFUR0DNUR$XWR0DFUR$XWRPDWLFNpPDNUR
SUHVQtPN\]EOt]NDf
‡ :KLWH%DODQFH9\YiåHQLHELHOHMQD]PHQX
IDUHEQpKRWyQXf
‡ =REUD]HQLHV~ERURYSRGĐD
NDWHJyULtY,QWHOLJHQWQRP
DOEXPHf
‡ =PD]DQLHYãHWNêFK
V~ERURY]SDPlĢRYHMNDUW\
f
‡ =REUD]HQLHSUH]HQWiFLH
VQtPRNf
‡ =REUD]HQLHV~ERURYQD
79f
‡ 3ULSRMHQLHIRWRDSDUiWXN
SRþtWDþXf
‡ 1DVWDYHQLH]YXNXD
KODVLWRVWLf
‡ 1DVWDYHQLHMDVXGLVSOHMD
f
‡ 1DVWDYHQLHMD]\NDGLVSOHMD
f
‡ 1DVWDYHQLHGiWXPXDþDVX
f
‡ )RUPiWRYDQLHSDPlĢRYHM
NDUW\f
‡ 5LHãHQLHSUREOpPRYf
2EVDK
0RåQRVWLVQtPDQLD .......................................................... 35
=iNODGQpIXQNFLH ............................................................. 11
5R]EDOHQLH ..................................................................
8VSRULDGDQLHIRWRDSDUiWX .........................................
9ORåHQLHEDWpULHDSDPlĢRYHMNDUW\ .........................
1DEtMDQLHEDWpULHD]DSQXWLHIRWRDSDUiWX ................
1DEtMDQLHEDWpULH ......................................................
=DSQXWLHIRWRDSDUiWX ................................................
9\NRQDQLH~YRGQpKRQDVWDYHQLD ............................
,QIRUPiFLHRLNRQiFK ................................................
9RĐEDPRåQRVWt ..........................................................
1DVWDYHQLH]REUD]HQLDD]YXNX ...............................
=PHQDW\SX]REUD]HQLD ............................................
1DVWDYHQLH]YXNX .....................................................
9\WYiUDQLHVQtPRN .....................................................
7UDQVIRNiFLD .............................................................
7LS\SUHY\WYiUDQLHOHSãtFKVQtPRN ........................
9RĐEDUR]OtãHQLDDNYDOLW\ ..........................................
9RĐEDUR]OtãHQLD ........................................................
9RĐEDREUD]RYHMNYDOLW\ .............................................
3RXåLWLHVDPRVS~ãWH .................................................
6QtPDQLHSUL]ORPRVYHWOHQt .....................................
3RWODþHQLHþHUYHQêFKRþt ..........................................
3RXåLWLHEOHVNX .........................................................
1DVWDYHQLHUêFKORVWL,62 ..........................................
=PHQD]DRVWUHQLDIRWRDSDUiWX .................................
3RXåLWLHPDNUD .........................................................
3RXåLWLHDXWRPDWLFNpKRRVWUHQLD ...............................
1DVWDYHQLHREODVWLRVWUHQLD .......................................
3RXåLWLHGHWHNFLHWYiUH ..............................................
'HWHNFLDWYiUt ...........................................................
9\WYRUHQLHDXWRSRUWUpWX ............................................
9\WYRUHQLHVQtPN\~VPHYX .......................................
'HWHNFLDåPXUNQXWLD .................................................
1DVWDYHQLHMDVXDIDULHE ...........................................
5XþQpQDVWDYHQLHH[SR]tFLH(9 .............................
KRPSHQ]iFLDSURWLVYHWOD$&% ................................
=PHQDPRåQRVWLPHUDQLD .........................................
9RĐEDVYHWHOQpKR]GURMD
:KLWHEDODQFH9\YiåHQLHELHOHM ...........................
3RXåLWLHUHåLPXVpULH .................................................
=OHSãHQLHVQtPRN ......................................................
3RXåLWLHHIHNWRY¿OWUD ................................................
1DVWDYHQLHIRWRJUD¿H ...............................................
12
13
15
16
16
16
17
18
19
21
21
21
22
23
25
5R]ãtUHQpIXQNFLH ........................................................... 27
5HåLP\VQtPDQLD .......................................................
3RXåLWLHUHåLPX6PDUW$XWR,QWHOLJHQWQHDXWRPDWLFN\ ..
3RXåLWLHUHåLPX3KRWR+HOS*XLGH
)RWRJUD¿FNêVSULHYRGFD .........................................
3RXåLWLHUHåLPX6FHQH6FpQD ................................
3RXåLWLHUHåLPX%HDXW\6KRW6QtPNDVUHWXãRX ......
3RXåLWLHUHåLPX',6 ..................................................
3RXåLWLHUHåLPX3URJUDP ..........................................
6QtPDQLHYLGHD ........................................................
=i]QDPKODVRYêFKSR]QiPRN .................................
=D]QDPHQDQLHKODVRYHMSR]QiPN\ ...........................
3ULGDQLHKODVRYHMSR]QiPN\NVQtPNH ......................
28
28
29
30
30
31
32
32
34
34
34
36
36
36
37
39
39
39
40
41
41
41
42
43
43
44
44
45
46
46
46
47
47
49
50
50
51
2EVDK
3UtORK\ .............................................................................. 79
3UHKUiYDQLHÒSUDY\ ........................................................ 52
3UHKUiYDQLH ................................................................
6SXVWHQLHUHåLPXSUHKUiYDQLD ..................................
=REUD]HQLHVQtPRN ...................................................
3UHKUiYDQLHYLGHD ....................................................
3UHKUiYDQLHKODVRYêFKSR]QiPRN ............................
ÒSUDYDVQtPN\ ...........................................................
=PHQDYHĐNRVWLVQtPRN ............................................
2WRþHQLHVQtPN\ ......................................................
3RXåtYDQLHLQWHOLJHQWQêFKHIHNWRY .............................
2SUDYDQHVSUiYQHMH[SR]tFLH ...................................
9\WYRUHQLHSRUDGLDWODþH'32) ..............................
=REUD]HQLHV~ERURYQD79 .......................................
3UHQRVV~ERURYGRSRþtWDþD:LQGRZV ...................
3UHQRVV~ERURYSRPRFRXDSOLNiFLH,QWHOOLVWXGLR .......
3UHQRVV~ERURYSULSRMHQtPIRWRDSDUiWXDNR
Y\PHQLWHĐQpKRGLVNX .................................................
2GSRMHQLHIRWRDSDUiWXSUH:LQGRZV;3 .................
3UHQRVV~ERURYGRSRþtWDþD0DF ............................
7ODþVQtPRNSRPRFRXIRWRWODþLDUQH3LFW%ULGJH ..
&K\ERYpKOiVHQLD ...................................................... 80
ÒGUåEDIRWRDSDUiWX ................................................... 81
ýLVWHQLHIRWRDSDUiWX ................................................. 81
3RXåtYDQLHDXVNODGQHQLHIRWRDSDUiWX ...................... 82
2SDPlĢRYêFKNDUWiFK ............................................. 84
2EDWpULL ................................................................... 86
6N{UQHåVDREUiWLWHQDVHUYLV ................................. 90
7HFKQLFNp~GDMHIRWRDSDUiWX .................................... 93
6ORYQtþHN .................................................................... 96
5HJLVWHU .................................................................... 101
53
53
57
58
59
60
60
60
61
62
63
64
65
67
69
70
71
72
1DVWDYHQLD ...................................................................... 73
3RQXNDQDVWDYHQtIRWRDSDUiWX .................................
3UtVWXSGRSRQXN\QDVWDYHQt ....................................
=YXN .........................................................................
'LVSOHM ......................................................................
1DVWDYHQLD ...............................................................
74
74
75
75
76
=iNODGQpIXQNFLH
7XQiMGHWHSRSLVIRWRDSDUiWXLNRQD]iNODGQêFKIXQNFLtVQtPDQLD
5R]EDOHQLH ………………………………… 12
8VSRULDGDQLHIRWRDSDUiWX ………………… 13
9ORåHQLHEDWpULHDSDPlĢRYHMNDUW\ ……… 15
1DEtMDQLHEDWpULHD]DSQXWLHIRWRDSDUiWX … 16
1DEtMDQLHEDWpULH …………………………… 16
=DSQXWLHIRWRDSDUiWX ………………………… 16
9\NRQDQLH~YRGQpKRQDVWDYHQLD ………… 17
,QIRUPiFLHRLNRQiFK ……………………… 18
9RĐEDPRåQRVWt
…………………………… 19
1DVWDYHQLH]REUD]HQLDD]YXNX
………… 21
=PHQDW\SX]REUD]HQLD …………………… 21
1DVWDYHQLH]YXNX …………………………… 21
9\WYiUDQLHVQtPRN ………………………… 22
7UDQVIRNiFLD ………………………………… 23
7LS\SUHY\WYiUDQLHOHSãtFKVQtPRN ……… 25
5R]EDOHQLH
6NRQWUROXMWHþLEDOHQLHREVDKXMHWLHWRSRORåN\
9ROLWHĐQpSUtVOXãHQVWYR
)RWRDSDUiW
6LHĢRYêDGDSWpUNiEHO86%
1iYRGSUHUêFKOHVSXVWHQLH
$NXPXOiWRURYiEDWpULD
2EDOIRWRDSDUiWX
3DPlĢRYpNDUW\
1DEtMDþNDEDWpULH
KiEHO$9
5HPLHQRN
'LVN&'VSURJUDPDPL
REVDKXMHQiYRGQDSRXåLWLH
=iNODGQpIXQNFLH
9\REUD]HQLDVDP{åXOtãLĢRGVNXWRþQpKRY\KRWRYHQLD
8VSRULDGDQLHIRWRDSDUiWX
1Hå]DþQHWHSUtVWURMSRXåtYDĢRER]QiPWHVDVMHKRSUYNDPLDIXQNFLDPL
0LNURIyQ
7ODþLGORQDSiMDQLDPOWER
5HSURGXNWRU
7ODþLGORVS~ãWH
%OHVN
KRQWUROND$)DVVLVWVDPRVS~ãWH
2EMHNWtY
=iYLWVWDWtYX
KU\WSULHVWRUXEDWpULH
9ORåHQLHSDPlĢRYHMNDUW\DEDWpULH
=iNODGQpIXQNFLH
8VSRULDGDQLHIRWRDSDUiWX
6WDYRYiNRQWUROND
7ODþLGORWUDQVIRNiWRUD
‡ %OLNi3ULXNODGDQtVQtPRNDOHER
YLGHDþtWDQtREVDKXSRþtWDþRP
DOHERWODþLDUĖRXDOHERSUL
QH]DRVWUHQt
‡ 6WiOHVYLHWLKHćMHIRWRDSDUiW
SULSRMHQêNSRþtWDþXDOHER]DRVWUXMH
‡ =YlþãHQLHD]PHQãHQLHREUD]XSULVQtPDQt
‡ =YlþãHQLHþDVWLVQtPN\DOHER]REUD]HQLH
PLQLDW~UYUHåLPHSUHKUiYDQLD
7ODþLGORMENU
=REUD]HQLHPRåQRVWtDSRQXN\QDVWDYHQt
DOHERQiYUDWGRSUHGFKiG]DM~FHKRUHåLPX
'LVSOHM
7ODþLGOR60$57
6WODþHQtPWRKWRWODþLGODY\EHUWH
]UXãWHUHåLPÄ6PDUW$XWR,QWHOLJHQWQH
DXWRPDWLFN\³
7ODþLGOR
3RSLV
9UHåLPHVQtPDQLD
1DYLJiFLD
=PHQDQDVWDYHQLD
GLVSOHMD
=PHQDQDVWDYHQLD
PDNUD
=PHQDQDVWDYHQLD
EOHVNX
=PHQDPRåQRVWL
þDVRYDþD
3RþDV
QDVWDYRYDQLD
3RK\EKRUH
3RK\EGROH
3RK\EGRĐDYD
3RK\EGRSUDYD
3RWYUGHQLH]YêUD]QHQHMSRORåN\DOHERSRQXN\
3UHKUiYDQLH =DSQXWLHUHåLPXSUHKUiYDQLD
)XQNFLD
‡ 0RåQRVWLYUHåLPHVQtPDQLD
‡ 0D]DQLHV~ERURYYUHåLPHSUHKUiYDQLD
=iNODGQpIXQNFLH
=iVXYND86%D$9
8PRåĖXMHSULSRMHQLH
NiEOD86%DOHER$9
9ORåHQLHEDWpULHDSDPlĢRYHMNDUW\
1DXþWHVDYNODGDĢEDWpULXDYROLWHĐQ~SDPlĢRY~NDUWXGRIRWRDSDUiWX
9\EUDWLHEDWpULHDSDPlĢRYHMNDUW\
3DPlĢRYiNDUWD
KDUWXYORåWHWDNDE\]ODWHQp
NRQWDNW\VPHURYDOLQDGRO
%DWpULXXYRĐQLWHVWODþHQtP
SRLVWN\
3RLVWNDEDWpULH
3DPlĢRYiNDUWD
%DWpULD
%DWpULXYORåWHWDNDE\ORJR
6DPVXQJVPHURYDORQDGRO
=DWODþWHMHPQHQD
NDUWXDåVDY\VXQLH]
IRWRDSDUiWXDSRWRPMX
Y\WLDKQLWH]RãWUELQ\
‡ 9Q~WRUQ~SDPlĢP{åHWHSRXåLĢQDGRþDVQpXNODGDQLHYþDVH
NHG\QLHMHYORåHQiSDPlĢRYiNDUWD
‡ 3DPlĢRY~NDUWXYNODGDMWHVSUiYQ\PVPHURP9ORåHQLHNDUW\
QHVSUiYQ\PVS{VRERPP{åHVS{VRELĢSRãNRGHQLHIRWRDSDUiWX
DOHERNDUW\
%DWpULD
=iNODGQpIXQNFLH
1DEtMDQLHEDWpULHD]DSQXWLHIRWRDSDUiWX
1DEtMDQLHEDWpULH
=DSQXWLHIRWRDSDUiWX
3UHGSUYêPSRXåLWtPIRWRDSDUiWXPXVtWHEDWpULXQDELĢKiEHO
86%SULSRMWHNVLHĢRYpPXDGDSWpUXDGUXKêNRQLHFNiEODV
NRQWURONRXSULSRMWHNIRWRDSDUiWX
‡ 3ULSUYRP]DSQXWtIRWRDSDUiWXVDREMDYtREUD]RYND~YRGQpKRQDVWDYHQLD
VWU
6WODþHQtP>POWER]]DSQLWHDOHERY\SQLWHIRWRDSDUiW
=DSQXWLHIRWRDSDUiWXGRUHåLPXSUHKUiYDQLD
6WODþWH> ])RWRDSDUiWVDSULDPR]DSQHGRUHåLPX
SUHKUiYDQLD
KRQWUROND
‡ ýHUYHQi1DEtMDQLH
‡ =HOHQi3OQHQDELWp
KHćIRWRDSDUiW]DSQHWHVWODþHQtPDSRGUåDQtP>
N~QGIRWRDSDUiWQHY\GiåLDGQH]YXN\
=iNODGQpIXQNFLH
]QDSULEOLåQHVH
9\NRQDQLH~YRGQpKRQDVWDYHQLD
KHćVD]REUD]tREUD]RYND~YRGQpKRQDVWDYHQLDSRGĐDQDVOHGXM~FLFKNURNRYQDNRQ¿JXUXMWH]iNODGQpQDVWDYHQLDIRWRDSDUiWX
1
2
6WODþWH>POWER]
‡ 3ULSUYRP]DSQXWtIRWRDSDUiWXVDREMDYtREUD]RYND
~YRGQpKRQDVWDYHQLD
6WODþHQtP> ]DOHER>
]Y\EHUWH/DQJXDJH-D]\N D
VWODþWH> ]DOHER>
]
6
7
6WODþHQtP>
]DOHER> ]Y\EHUWH'DWH7LPH6HW
'iWXPDþDVDVWODþWH> ]DOHER>
]
6WODþHQtP> ]DOHER> ]Y\EHUWHSRORåNX
/DQJXDJH
(QJOLVK
7LPH=RQH
/RQGRQ
'DWH7LPH6HW
/01/01
'DWH7\SH \\\\PPGG
/DQJXDJH (QJOLVK
7LPH=RQH 䚐ạ㛨
'DWH7LPH6HW
)UDQoDLV
'DWH7\SH 'HXWVFK
(VSDxRO
,WDOLDQR
%DFN
3
4
5
%DFN
6HW
6WODþHQtP>
]DOHER> ]Y\EHUWHMD]\NDVWODþWH>
]
6WODþHQtP>
]DOHER> ]Y\EHUWHTime Zone
ýDVRYpSiVPRDVWODþWH> ]DOHER>
]
6WODþHQtP> ]DOHER> ]Y\EHUWHþDVRYpSiVPRD
VWODþWH>
]
‡ $NFKFHWHQDVWDYLĢSUHFKRGQDOHWQêþDVVWODþWH>
]
8
9
6HW
6WODþHQtP>
]DOHER> ]QDVWDYWHGiWXPDþDVD
VWODþWH>
]
6WODþHQtP>
]DOHER> ]Y\EHUWH'DWH7\SH7\S
GiWXPXDVWODþWH> ]DOHER>
]
/DQJXDJH
(QJOLVK
7LPH=RQH
/RQGRQ
'DWH7LPH6HW2II
'DWH7\SH GGPP\\\\
PP
7LPH=RQH
PPGG\\\\
\\\\PPGG
%DFN
/RQGRQ
>*07]30
%DFN
'67
10 6WODþHQtP>
11
VWODþWH>
]
6WODþHQtP>
=iNODGQpIXQNFLH
6HW
]DOHER>
]Y\EHUWHW\SGiWXPXD
]VDSUHSQHWHGRUHåLPXVQtPDQLD
,QIRUPiFLHRLNRQiFK
=REUD]HQpLNRQ\VDPHQLDSRGĐD]YROHQpKRUHåLPXDOHERQDVWDYHQLD
A
,NRQD
3RSLV
,NRQD
5iPþHNDXWRPDWLFNpKRRVWUHQLD
3RSLV
'HWHNFLDWYiUH
2WUDV\IRWRDSDUiWX
B
3RPHUWUDQVIRNiFLH
&,NRQ\YĐDYHMþDVWL
,NRQD
$NWXiOQ\GiWXPDþDV
C
$,QIRUPDþQpLNRQ\
,NRQD
,NRQD
3RSLV
=YROHQêUHåLPVQtPDQLD
3RþHW]RVWiYDM~FLFKVQtPRN
=RVWiYDM~FL]i]QDPRYêþDV
1LHMHYORåHQiSDPlĢRYiNDUWD
3DPlĢRYiNDUWDYORåHQi
‡
‡
‡
%,NRQ\YSUDYHMþDVWL
3OQHQDELWp
ýLDVWRþQHQDELWp
þHUYHQi1XWQpQDELĢ
+ODVRYiSR]QiPND
3RSLV
5R]OtãHQLHIRWRJUD¿H
5R]OtãHQLHYLGHD
)UHNYHQFLDVQtPDQLD
KYDOLWDIRWRJUD¿t
0RåQRVWLPHUDQLD
0RåQRVWLEOHVNX
0RåQRVWLþDVRYDþD
0RåQRVWLDXWRPDWLFNpKRRVWUHQLD
=iNODGQpIXQNFLH
3RSLV
&ORQDDH[SR]LþQêþDV
+RGQRWDH[SR]tFLH
9\YiåHQLHELHOHM
7yQWYiUH
5HWXãWYiUH
5êFKORVĢ,62
,QWHOLJHQWQê¿OWHU
1DVWDYHQLHREUD]X
NRQWUDVWRVWURVĢVêWRVĢ
=YXNVWOPHQê
7\SVpULH
9RĐEDPRåQRVWt
0RåQRVWLP{åHWHY\EUDĢVWODþHQtP>
]DQiVOHGQêPSRXåLWtPQDYLJDþQêFKWODþLGLHO>
KPRåQRVWLDPVQtPDQLDVDP{åHWHGRVWDĢDMVWODþHQtP>
GRVWXSQp
1
2
9UHåLPHVQtPDQLDVWODþWH>
6WODþHQtP>
(9
3
]>
]
1iYUDWNSUHGFKiG]DM~FHMSRQXNH
]
‡ 3UHSRK\EYĐDYRDOHERYSUDYRVWODþWH> ]DOHER> ]
‡ 3UHSRK\EKRUHDOHERGROHVWODþWH>
]DOHER> ]
%DFN
]>
]DOHQLHNWRUpPRåQRVWLQLHV~
1DYLJDþQêPLWODþLGODPLVDSRK\EXMWHYPRåQRVWLDFKD
SRQXNiFK
6WODþHQtP>
SRQXNX
]>
0RYH
]SRWYUćWH]YêUD]QHQ~PRåQRVĢDOHER
=iNODGQpIXQNFLH
]VDYUiWLWHNSUHGFKiG]DM~FHMSRQXNH
6WODþHQtP>6S~ãĢ]VDYUiWLWHGRUHåLPXVQtPDQLD
9RĐEDPRåQRVWt
6
3UtNODG9êEHUY\YiåHQLDELHOHMYUHåLPH3
1
2
9UHåLPHVQtPDQLDVWODþWH>
3
6WODþHQtP>
]DOHER> ]SUHMGLWHQD3URJUDPD
SRWRPVWODþWH> ]DOHER>
]
]
3KRWR6L]H
4XDOLW\
(9
,62
:KLWH%DODQFH
6PDUW)LOWHU
)DFH'HWHFWLRQ
6WODþHQtP>
]DOHER> ]SUHMGLWHQD0RGH5HåLP
DSRWRPVWODþWH> ]DOHER>
]
6PDUW$XWR
3URJUDP
',6
3KRWR+HOS*XLGH
6FHQH
0RYLH
([LW
4
5
6WODþHQtP>
]DOHER> ]SUHMGLWHQD:KLWH%DODQFH
9\YiåHQLHELHOHMDSRWRPVWODþWH> ]DOHER>
]
6WODþWH>
([LW
7
%DFN
6WODþHQtP> ]DOHER> ]SUHMGLWHQDPRåQRVĢ:KLWH
%DODQFH9\YiåHQLHELHOHM
%DFN
]
'D\OLJKW
6WODþHQtP>
]DOHER> ]SUHMGLWHQD6KRRWLQJ
6QtPDQLHDSRWRPVWODþWH> ]DOHER>
]
0RGH
6KRRWLQJ
6RXQG
'LVSOD\
6HWWLQJV
([LW
3KRWR6L]H
4XDOLW\
(9
%DFN
8
6WODþWH>
,62
:KLWH%DODQFH
6PDUW)LOWHU
)DFH'HWHFWLRQ
&KDQJH
=iNODGQpIXQNFLH
0RYH
]
1DVWDYHQLH]REUD]HQLDD]YXNX
1DXþWHVDDNRPHQLĢ]iNODGQpQDVWDYHQLD]REUD]HQLDD]YXNX
=PHQDW\SX]REUD]HQLD
1DVWDYHQLH]YXNX
9\EHUWHW\S]REUD]HQLDSUHUHåLPVQtPDQLDDOHER
SUHKUiYDQLDKDåGêW\S]REUD]XMHRGOLãQpLQIRUPiFLHR
VQtPDQtDOHERSUHKUiYDQt
1DVWDYWHþLPiIRWRDSDUiWY\GDĢXUþHQê]YXNSULRSHUiFLiFK
VQtP
7\S]REUD]HQLD]PHĖWHRSDNRYDQêPVWOiþDQtP>
]
=REUD]tYãHWN\LQIRUPiFLH
RIRWRJUD¿L
5HåLP\
6QtPDQLH
3UHKUiYDQLH
1
2
9UHåLPHVQtPDQLDDOHERSUHKUiYDQLDVWODþWH>
]
9\EHUWH6RXQG=YXNĺ%HHS6RXQG3tSQXWLHĺ
PRåQRVĢ
0RåQRVWL
3RSLV
Off
9\SQXWp
)RWRDSDUiWQHY\GiYD]YXN\
1/2/3
)RWRDSDUiWStSQHY]iYLVORVWLRG]YROHQHM
PRåQRVWLMHGHQDåWULNUiW
0RåQRVWLSUHW\S]REUD]HQLD
‡ =REUD]LDVDYãHWN\LQIRUPiFLHRVQtPDQt
‡ 6NU\WLHLQIRUPiFLtRVQtPDQtRNUHPGRVWXSQpKR
SRþWXIRWRJUD¿tDOHERGRVWXSQpKRþDVX
QDKUiYDQLDDLNRQ\EDWpULH
‡ =REUD]HQLHYãHWNêFKLQIRUPiFLtRDNWXiOQHM
VQtPNH
‡ 6NU\WLHYãHWNêFKLQIRUPiFLtRDNWXiOQRPV~ERUH
‡ =REUD]HQLHLQIRUPiFLtRDNWXiOQRPV~ERUH
RNUHPQDVWDYHQtVQtPDQLDDGiWXPXY\WYRUHQLD
=iNODGQpIXQNFLH
9\WYiUDQLHVQtPRN
1DXþtWHVDVS{VREUêFKOHKRDMHGQRGXFKpKRY\WYRUHQLDVQtPN\YUHåLPH6PDUW$XWR,QWHOLJHQWQHDXWRPDWLFN\
1
2
9UHåLPHVQtPDQLDVWODþWH>
3
6WODþHQtP>
]DOHER> ]SUHMGLWHQD6PDUW$XWR
,QWHOLJHQWQHDXWRPDWLFN\DSRWRPVWODþWH>
]
5
6WODþHQtP>6S~ãĢ]GRSRORYLFH]DRVWULWH
6
'RWODþHQtP>6S~ãĢ]IRWRJUDIXMWH
6WODþHQtP>
]DOHER> ]SUHMGLWHQD0RGH5HåLP
DSRWRPVWODþWH> ]DOHER>
]
6PDUW$XWR
3URJUDP
',6
3KRWR+HOS*XLGH
6FHQH
0RYLH
([LW
4
]
‡ =HOHQêUiPþHNLQGLNXMH]DRVWUHQLHQDREMHNW
‡ ýHUYHQêUiPþHNLQGLNXMHåHQDREMHNWQLHMH]DRVWUHQp
%DFN
3R]ULWLS\SUHGREUpVQtPN\QDVWU
2EMHNWQDVWDYWHGRUiPþHND
=iNODGQpIXQNFLH
9\WYiUDQLHVQtPRN
7UDQVIRNiFLD
1DVWDYHQtPWUDQVIRNiWRUDP{åHWHY\WYiUDĢVQtPN\
]YlþãHQêFKREMHNWRY9iãIRWRDSDUiWPi[RSWLFN~
WUDQVIRNiFLX[LQWHOLJHQWQ~WUDQVIRNiFLXD[GLJLWiOQX
WUDQVIRNiFLX,QWHOLJHQWQ~DGLJLWiOQXWUDQVIRNiFLXQHP{åHWH
SRXåtYDĢQDUD]
6WODþHQtP>7UDQVIRNiWRU]KRUH]YlþãtWHREMHNW6WODþHQtP
>7UDQVIRNiWRU]GROHREMHNW]PHQãtWH
=YlþãHQLH
'LJLWiOQ\WUDQVIRNiWRU
$NMHLQGLNiWRUWUDQVIRNiWRUDYGLJLWiOQRPUR]VDKXSUtVWURM
SRXåtYDGLJLWiOQH]YlþãHQLH3ULSRXåLWtGLJLWiOQHKR
WUDQVIRNiWRUDVDP{åHNYDOLWDVQtPN\]KRUãLĢ3RPRFRX
RSWLFNHMWUDQVIRNiFLHP{åHWHXVNXWRþQLĢDåQiVREQ~
WUDQVIRNiFLX
,QGLNiWRUWUDQVIRNiFLH
'LJLWiOQ\UR]VDK
3RPHUWUDQVIRNiFLH
2SWLFNêUR]VDK
=PHQãHQLH
'RVWXSQêSRPHUWUDQVIRNiFLHSUHYLGHiVDOtãLRGSRPHUXWUDQVIRNiFLH
IRWRJUD¿t
=iNODGQpIXQNFLH
‡ 'LJLWiOQDWUDQVIRNiFLDQLHMHGRVWXSQiNHćSRXåtYDWHUHåLP\
SULQLHNWRUêFKVFpQDFKD ‡ 3ULSRXåLWtGLJLWiOQHKRWUDQVIRNiWRUDP{åHXORåHQLHVQtPN\WUYDĢ
GOKãLH
9\WYiUDQLHVQtPRN
,QWHOLJHQWQiWUDQVIRNiFLD
$NMHLQGLNiWRUWUDQVIRNiWRUDYLQWHOLJHQWQRPUR]VDKXSUtVWURM
SRXåtYDLQWHOLJHQWQp]YlþãHQLH5R]OtãHQLHIRWRJUD¿HVDOtãL
SRGĐDSRPHUXWUDQVIRNiFLHNWRUêVWHSRXåLOLYLQWHOLJHQWQHM
WUDQVIRNiFLL3RPRFRXRSWLFNHMDLQWHOLJHQWQHMWUDQVIRNiFLH
P{åHWHXVNXWRþQLĢDåQiVREQ~WUDQVIRNiFLX
5R]OtãHQLHIRWRJUD¿HVR
]DSQXWRXLQWHOLJHQWQRX
WUDQVIRNiFLRX
,QGLNiWRUWUDQVIRNiFLH
,QWHOLJHQWQêUR]VDK
1DVWDYHQLHLQWHOLJHQWQHMWUDQVIRNiFLH
1
2
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ,QWHOOLZoom
,QWHOLJHQWQiWUDQVIRNiFLD ĺPRåQRVĢ
0RåQRVWL
2SWLFNiWUDQVIRNiFLD
‡ ,QWHOLJHQWQiWUDQVIRNiFLDMHGRVWXSQiOHQYUHåLPRFK D
SULQLHNWRUêFKVFpQDFK
‡ ,QWHOLJHQWQiWUDQVIRNiFLDMHGRVWXSQiLEDDNQDVWDYtWHSRPHU
UR]OtãHQLD$NQDVWDYtWHLQêSRPHUUR]OtãHQLDVR]DSQXWRX
LQWHOLJHQWQRXWUDQVIRNiFLRXLQWHOLJHQWQiWUDQVIRNiFLDVD
DXWRPDWLFN\Y\SQH
‡ ,QWHOLJHQWQp]YlþãHQLHYiPSRPiKDSULVQtPDQtIRWRJUD¿t
VPHQãtP]QtåHQtPNYDOLW\DNRGLJLWiOQH]YlþãHQLHKYDOLWD
IRWRJUD¿HVDYãDNP{åH]KRUãLĢDNSRXåtYDWHRSWLFN~
WUDQVIRNiFLX
=iNODGQpIXQNFLH
3RSLV
Off9\SQXWp9\SQXWLHLQWHOLJHQWQHM
WUDQVIRNiFLH
On=DSQXWp=DSQXWLHLQWHOLJHQWQHM
WUDQVIRNiFLH
7LS\SUHY\WYiUDQLHOHSãtFKVQtPRN
2EPHG]HQLHRWUDVRYIRWRDSDUiWX
6SUiYQHGUåDQLHIRWRDSDUiWX
8LVWLWHVDåHREMHNWtY
QLþQH]DNUêYD
‡ 9êEHURPUHåLPX GLJLWiOQH]QtåLWHRWUDV\
IRWRDSDUiWXVWU
$NMH]REUD]HQp
6WODþHQLHVS~ãWHGRSRORYLFH
6WODþWH>6S~ãĢ]GRSRORYLFHDXSUDYWH
]DRVWUHQLH)RWRDSDUiWQDVWDYt
]DRVWUHQLHDH[SR]tFLXDXWRPDWLFN\
)RWRDSDUiWQDVWDYXMHKRGQRWX
FORQ\DVS~ãWHDXWRPDWLFN\
5iPþHNRVWUHQLD
‡ 6WODþWH>6S~ãĢ]DIRWRJUD¿X
QDVQtPDMWHNHćVDUiPþHN
]DRVWUHQLD]REUD]t]HOHQRXIDUERX
‡ $NMH]REUD]HQêþHUYHQR
]PHĖWHNRPSR]tFLXDRSlĢ
VWODþWH>6S~ãĢ]GRSRORYLFH
2WUDV\IRWRDSDUiWX
3ULSRXåLWtYWPHQHQDVWDYXMWHEOHVNQD
6ORZ6\QF3RPDOiV\QFKURQL]iFLDDDQLQDOff9\SQXWp
&ORQD]RVWiYDRWYRUHQiGOKãLHDMHQiURþQpXGUåDĢIRWRDSDUiW
YSRNRML
‡ 3RXåLWHVWDWtYDOHEREOHVNQDVWDYWHQD)LOOLQ9\URYQiYDFt
VWU
‡ 1DVWDYWHUêFKORVĢ,62VWU
=iNODGQpIXQNFLH
2FKUDQDSUHGUR]RVWUHQtPREMHNWX
2EMHNWMHQiURþQp]DRVWULĢDN
PHG]LREMHNWRPDSR]DGtPMHSUtOLãPDOêNRQWUDVW
‡ 3ULIRWRJUDIRYDQt]DVODEpKRVYHWOD
=DSQLWHEOHVN
VWU
NHćPiREMHNWQDVHEHREOHþHQLHNWRUpPiSRGREQ~IDUEXDNR
SR]DGLH
]DREMHNWRPMHMDVQê]GURMVYHWOD
REMHNWViPåLDUL
QDREMHNWHV~YRGRURYQpSUXK\QDSUåDO~]LH
REMHNWQLHMHYVWUHGHUiPX
‡ 3ULUêFKORPSRK\EHREMHNWX
3RXåLWHVHNYHQþQpVQtPDQLH
DOHERIXQNFLX]DFK\WHQLD
SRK\EXVWU
3RXåLWLHDUHWiFLHRVWUHQLD
6WODþHQtP>6S~ãĢ]GRSRORYLFH]DRVWULWH3R]DRVWUHQt
P{åHWHSUHVXQXWtPUiPþHND]PHQLĢNRPSR]tFLXVQtPN\
$NVWHSULSUDYHQtGRWODþHQtP>6S~ãĢ]Y\WYRUWHVQtPNX
=iNODGQpIXQNFLH
5R]ãtUHQpIXQNFLH
7XVDGR]YLHWHDNRIRWRJUDIRYDĢVU{]Q\PLUHåLPDPLDDNRQDKUiYDĢYLGHi
DOHERKODVRYpSR]QiPN\
5HåLP\VQtPDQLD …………………………… 28
3RXåLWLHUHåLPX6PDUW$XWR
,QWHOLJHQWQHDXWRPDWLFN\ ……………………
3RXåLWLHUHåLPX3KRWR+HOS*XLGH
)RWRJUD¿FNêVSULHYRGFD ……………………
3RXåLWLHUHåLPX6FHQH6FpQD ……………
3RXåLWLHUHåLPX%HDXW\6KRW
6QtPNDVUHWXãRX …………………………
3RXåLWLHUHåLPX',6 …………………………
3RXåLWLHUHåLPX3URJUDP ……………………
6QtPDQLHYLGHD ………………………………
28
29
30
30
31
32
32
=i]QDPKODVRYêFKSR]QiPRN …………… 34
=D]QDPHQDQLHKODVRYHMSR]QiPN\ ………… 34
3ULGDQLHKODVRYHMSR]QiPN\NVQtPNH ……… 34
5HåLP\VQtPDQLD
)RWRJUDIXMWHDOHERQDKUiYDMWHYLGHiYRĐERXQDMOHSãLHKRUHåLPXVQtPDQLDSRGĐDSRGPLHQRN
3RXåLWLHUHåLPX6PDUW$XWR,QWHOLJHQWQH
DXWRPDWLFN\
,NRQD
3RSLV
=REUD]XMHVDSULVQtPDQtNUDMLQLHN
9WRPWRUHåLPHYiãIRWRDSDUiWDXWRPDWLFN\Y\EHULH
VSUiYQHQDVWDYHQLDQD]iNODGHW\SXVFpQ\NWRU~UR]SR]Qi
5HåLP,QWHOLJHQWQHDXWRPDWLFN\VDKRGtYSUtSDGHåHQLH
VWHGRVWDWRþQHRER]QiPHQtVPRåQRVĢDPLQDVWDYHQLD
IRWRDSDUiWXSUHU{]QHVFpQ\
=REUD]XMHVDSULVQtPDQtVMDVQêPELHO\PSR]DGtP
1
2
=REUD]XMHVDSULVQtPDQtNUDMLQLHNYSURWLVYHWOH
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH0RGH5HåLPĺ6PDUW$XWR,QWHOLJHQWQH
DXWRPDWLFN\
=REUD]XMHVDSULVQtPDQtNUDMLQLHNYQRFL'RVWXSQp
LEDSULY\SQXWRPEOHVNX
=REUD]XMHVDSULVQtPDQtSRUWUpWXYQRFL
=REUD]XMHVDSULVQtPDQtSRUWUpWXYSURWLVYHWOH
=REUD]XMHVDSULVQtPDQtSRUWUpWX
=REUD]XMHVDSULVQtPDQtREMHNWRY]EOt]ND
6WODþHQtP>60$57@SUHMGLWHSULDPRQDUHåLP
3
=REUD]XMHVDSULVQtPDQtWH[WX]EOt]ND
=REUD]XMHVDSULVQtPDQt]iSDGXVOQND
2EMHNWQDVWDYWHGRUiPþHND
‡ )RWRDSDUiW]YROtVFpQXDXWRPDWLFN\=RGSRYHGDM~FDLNRQD
UHåLPXVFpQ\VD]REUD]tYĐDYRPKRUQRPURKXREUD]RYN\
,NRQ\V~XYHGHQpQLåãLH
5R]ãtUHQpIXQNFLH
=REUD]XMHVDSULVQtPDQtMDVQHMREORK\
=REUD]XMHVDSULVQtPDQt]DOHVQHQêFKREODVWt
=REUD]XMHVDSULVQtPDQtIDUHEQêFKREMHNWRY
]EOt]ND
=REUD]XMHVDNHćMHIRWRDSDUiWVWDELOQêQDSUtNODG
QDVWDWtYHDREMHNWVDXUþLWêþDVQHSRK\EXMH
'RVWXSQpLEDSULVQtPDQtYãHUH
=REUD]XMHVDSULVQtPDQtDNWtYQHVDSRK\EXM~FLFK
REMHNWRY
=REUD]XMHVDSULVQtPDQtRKĖRVWURMRY-HGRVWXSQp
LEDSULSRXåLWtVWDWtYX
5HåLP\VQtPDQLD
4
5
3RXåLWLHUHåLPX3KRWR+HOS*XLGH
)RWRJUD¿FNêVSULHYRGFD
6WODþHQtP>6S~ãĢ]GRSRORYLFH]DRVWULWH
'RWODþHQtP>6S~ãĢ]IRWRJUDIXMWH
‡ $NIRWRDSDUiWQHUR]SR]QiVSUiYQ\VFpQLFNêUHåLP]REUD]tVD
LNRQD
DIRWRDSDUiWSRXåLMHSUHGYROHQpQDVWDYHQLD
‡ )RWRDSDUiWQHPXVtY]iYLVORVWLRGSRORK\DRVYHWOHQLDREMHNWX
VSUiYQHXUþLĢUHåLPSRUWUpWXDQLYSUtSDGHåHG{MGHNGHWHNFLL
WYiUH
‡ )RWRDSDUiWQHPXVtXUþLĢVSUiYQHVFpQLFNêUHåLPY]iYLVORVWLRG
RNROQRVWtDNRV~RWUDV\IRWRDSDUiWXRVYHWOHQLHDY]GLDOHQRVĢ
REMHNWX
‡ )RWRDSDUiWQHPXVtDQLSULSRXåLWtVWDWtYXVSUiYQHUR]SR]QDĢ
UHåLP Y]iYLVORVWLRGSRK\EXREMHNWX
3RPiKDSRXåtYDWHĐRYLDE\VDQDXþLOVSUiYQXPHWyGX
VQtPDQLDREUi]NRYDREVDKXMHULHãHQLDSRWHQFLiOQ\FK
SUREOpPRYNWRUpVDP{åXY\VN\WQ~Ģ7RWLHåXPRåĖXMH
SRXåtYDWHĐRYLQDFYLþLĢVLQDMOHSãtVS{VREVQtPDQLDREUi]NRY
1
2
9UHåLPHVQtPDQLDVWODþWH>
3
9\EHUWHPRåQRVWLNWRUpSRWUHEXMHWH
]
9\EHUWH0RGH5HåLPĺ3KRWR+HOS*XLGH
)RWRJUD¿FNêVSULHYRGFD
3KRWR+HOS*XLGH
3KRWR+HOS*XLGH
)HDWXUHVWRXVHZKHQWKHLPDJHLVRXWRIIRFXV
)HDWXUHVWRUHGXFHFDPHUDVKDNH
)HDWXUHVWRXVHLQORZOLJKWFRQGLWLRQV
)HDWXUHVWRXVHZKHQDGMXVWLQJEULJKWQHVV
)HDWXUHVWRXVHZKHQDGMXVWLQJFRORUV
&KDQJH
5R]ãtUHQpIXQNFLH
5HåLP\VQtPDQLD
3RXåLWLHUHåLPX6FHQH6FpQD
3RXåLWLHUHåLPX%HDXW\6KRW6QtPNDV
UHWXãRX
9\WYRUHQLHVQtPN\VPRåQRVĢDPLSUHGQDVWDYHQêPLSUH
NRQNUpWQXVFpQX
1
2
9UHåLPHVQtPDQLDVWODþWH>
9\WYiUDMWHVQtPN\RVRE\VQDVWDYHQêPLPRåQRVĢDPLSUH
RGVWUiQHQLHQHGRNRQDORVWtWYiUH
]
9\EHUWH0RGH5HåLPĺ6FHQH6FpQDĺVFpQD
6PDUW$XWR%HDXW\6KRW
3URJUDP 1LJKW
',6
3RUWUDLW
3KRWR+HOS*XLGH
/DQGVFDSH
6FHQH
&ORVH8S
0RYLH
6XQVHW
%DFN
6HW
‡ 5HåLPVFpQ\]PHĖWHVWODþHQtP>
]DQiVOHGQêP
YêEHURP0RGH5HåLPĺ6FHQH6FpQDĺVFpQD
‡ ,QIRUPiFLHRUHåLPH%HDXW\6KRW6QtPNDVUHWXãRX
QiMGHWHYþDVWLÄ3RXåLWLHUHåLPX%HDXW\6KRW6QtPNDV
UHWXãRX³QDVWUDQH
3
2EMHNWQDVWDYWHGRUiPþHNDDVWODþHQtP>6S~ãĢ]GR
SRORYLFH]DRVWULWH
4
'RWODþHQtP>6S~ãĢ]IRWRJUDIXMWH
1
2
9UHåLPHVQtPDQLDVWODþWH>
3
$NFKFHWHDE\WyQSRNRåN\REMHNWXY\]HUDOMDVQHMãLH
OHQWYiUVWODþWH>
]DSRWRPSUHMGLWHQDNURN
$NFKFHWHVNU\ĢQHGRNRQDORVWLWYiUHVWODþWH>
]D
SRWRPSUHMGLWHQDNURN
4
9\EHUWH6KRRWLQJ6QtPDQLHĺ)DFH7RQH7yQ
WYiUHĺPRåQRVĢ
]
9\EHUWH0RGH5HåLPĺ6FHQH6FpQDĺ%HDXW\
6KRW6QtPNDVUHWXãRX
‡ 3UH]MDVQHQLHWYiUHY\EHUWHY\ããLHQDVWDYHQLH
)DFH7RQH
%DFN
5R]ãtUHQpIXQNFLH
0RYH
5HåLP\VQtPDQLD
5
3RXåLWLHUHåLPX',6
9\EHUWH6KRRWLQJ6QtPDQLHĺ)DFH5HWRXFK
5HWXãWYiUHĺPRåQRVĢ
‡ 9RĐERXY\ããLHKRQDVWDYHQLDSRWODþtWHYLDFQHGRVWDWNRY
3RXåLWtPIXQNFLH'LJLWiOQDVWDELOL]iFLDREUD]XREPHG]tWH
YSO\YRWUDVRYIRWRDSDUiWXREPHG]tWHD]tVNDWHRVWUpVQtPN\
)DFH5HWRXFK
3UHGRSUDYRX
%DFN
3RRSUDYH
0RYH
6
2EMHNWQDVWDYWHGRUiPþHNDDVWODþHQtP>6S~ãĢ]GR
SRORYLFH]DRVWULWH
7
'RWODþHQtP>6S~ãĢ]IRWRJUDIXMWH
2VWUHQLHEXGHQDVWDYHQpQDPRåQRVĢ$XWR0DFUR$XWRPDWLFNpPDN
UR
1
2
3
9UHåLPHVQtPDQLDVWODþWH>
4
'RWODþHQtP>6S~ãĢ]IRWRJUDIXMWH
]
9\EHUWH0RGH5HåLPĺ',6
2EMHNWQDVWDYWHGRUiPþHNDDVWODþHQtP>6S~ãĢ]GR
SRORYLFH]DRVWULWH
‡ 9WRPWRUHåLPHQHIXQJXMHGLJLWiOQ\WUDQVIRNiWRU
‡ $NVDREMHNWUêFKORSRK\ERYDOVQtPNDEXGHUR]PD]DQi
‡ )XQNFLD',6QHPXVtIXQJRYDĢQDPLHVWHNGHMHRVYHWOHQLH
MDVQHMãLHDNRåLDULYNRYpVYHWOR
5R]ãtUHQpIXQNFLH
5HåLP\VQtPDQLD
3RXåLWLHUHåLPX3URJUDP
6QtPDQLHYLGHD
9UHåLPH3URJUDPP{åHWHQDVWDYLĢU{]QHPRåQRVWLRNUHP
UêFKORVWLX]iYLHUN\DKRGQRW\FORQ\NWRUpIRWRDSDUiWQDVWDYt
DXWRPDWLFN\
9LGHiP{åHWHQDKUiYDĢGRYHĐNRVWLDå*%DOHERKRGLQ\
1DKUDWpYLGHRVDXNODGiDNRV~ERU0-3(*
1
2
9UHåLPHVQtPDQLDVWODþWH>
‡ 1LHNWRUpSDPlĢRYpNDUW\QHPXVLDY\VRNpUR]OtãHQLHSRGSRURYDĢ
9WDNRPSUtSDGHQDVWDYWHPHQãLHUR]OtãHQLHVWU
]
9\EHUWH0RGH5HåLPĺ3URJUDP
1
2
3
4
6PDUW$XWR
3URJUDP
',6
3KRWR+HOS*XLGH
6FHQH
0RYLH
([LW
%DFN
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH0RGH5HåLPĺ0RYLH)LOP
6WODþWH>
]
9\EHUWH0RYLH)LOPĺ)UDPH5DWH5êFKORVĢ
VQtPDQLDĺUêFKORVĢVQtPDQLDSRþHWVQtPRN]D
VHNXQGX
‡ $NVD]YêãLSRPHUUiPXþLQQRVĢEXGHY\]HUDĢ
SULURG]HQHMãLHDOH]YêãLVDDMYHĐNRVĢV~ERUX
3
1DVWDYWHPRåQRVWL
=R]QDPPRåQRVWtQiMGHWHYNDSLWROHÄ0RåQRVWL
VQtPDQLD³
4
2EMHNWQDVWDYWHGRUiPþHNDDVWODþHQtP>6S~ãĢ]GR
SRORYLFH]DRVWULWH
5
'RWODþHQtP>6S~ãĢ]IRWRJUDIXMWH
5R]ãtUHQpIXQNFLH
‡ 3RPHUWUDQVIRNiFLHDXKROSRKĐDGXVDP{åHSULVQtPDQtYLGHD
]QtåLĢ
5HåLP\VQtPDQLD
5
6
6WODþWH>
3UHUXãHQLH]i]QDPX
]
9\EHUWH0RYLH)LOPĺVoice+ODVĺPRåQRVĢ
]YXNX
0RåQRVĢ 3RSLV
)RWRDSDUiWYiPXPRåĖXMHGRþDVQHSUHUXãLĢ]i]QDPYLGHD
0{åHWHWDN]D]QDPHQDĢYLDFHURVFpQDNRMHGHQYLGHRV~ERU
6WODþHQtP>
SRNUDþXMWH
]SUHUXãWH]i]QDP2SlWRYQêPVWODþHQtP
On=DSQXWp=i]QDPYLGHDVR]YXNRP
Off9\SQXWp=i]QDPYLGHDEH]]YXNX
=RRP0XWH6WtãLĢSRþDVWUDQVIRNiFLHKHć
SRXåLMHWHWUDQVIRNiFLXIRWRDSDUiWQDFKYtĐX
SUHVWDQHQDKUiYDĢ]YXN
7
1DVWDYWHćDOãLHPRåQRVWLSRGĐDXYiåHQLD
0RåQRVWLVLSR]ULWHYNDSLWROHÄ0RåQRVWLVQtPDQLD³
8
9
6WODþHQtP>6S~ãĢ]VSXVWLWH]i]QDP
2SlWRYQêPVWODþHQtP>6S~ãĢ]]i]QDP]DVWDYtWH
5R]ãtUHQpIXQNFLH
6WRS
3DXVH
=i]QDPKODVRYêFKSR]QiPRN
7XVDQDXþtWH]D]QDPHQDĢKODVRY~SR]QiPNXNWRU~P{åHWHNHG\NRĐYHNSUHKUDĢKVQtPNHWDNP{åHWHSULGDĢNUiWNXSR]QiPNX
Y\VYHWĐXM~FXRNROQRVWL
1DMOHSãLXNYDOLWX]YXNXGRVLDKQHWHSUL]i]QDPHYRY]GLDOHQRVWLFP
SDOFRYRGIRWRDSDUiWX
=D]QDPHQDQLHKODVRYHMSR]QiPN\
3ULGDQLHKODVRYHMSR]QiPN\NVQtPNH
1
2
9UHåLPHVQtPDQLDVWODþWH>
1
2
9UHåLPHVQtPDQLDVWODþWH>
3
6WODþHQtP>6S~ãĢ]QDKUiYDMWH
3
9\URYQDMWHVYRMREMHNWYUiPHDSRWRPQDVQtPDMWH
IRWRJUD¿X
4
1DKUDMWHNUiWNXSR]QiPNXPD[GRVHN~QG
]
9\EHUWH6KRRWLQJ6QtPDQLHĺVoice+ODVĺ
5HFRUG=i]QDP
‡ 0{åHWH]D]QDPHQDĢDåKRGtQKODVRYêFKSR]QiPRN
‡ 6WODþHQtP>
]]i]QDPSUHUXãtWHDOHERYĖRP
SRNUDþXMHWH
]
9\EHUWH6KRRWLQJ6QtPDQLHĺVoice+ODVĺ
Memo3R]QiPND
‡ +ODVRY~SR]QiPNX]DþQLWHQDKUiYDĢKQHćSRY\WYRUHQt
VQtPN\
‡ 6WODþHQtP>6S~ãĢ]]DVWDYWHQDKUiYDQLHKODVRYHM
SR]QiPN\SUHGXSO\QXWtPVHN~QG
KIRWRJUD¿iPYUHåLPHVpULHQHP{åHWHSULGiYDĢKODVRYpSR]QiPN\
6WRS
3DXVH
4
6WODþHQtP>6S~ãĢ]]i]QDP]DVWDYWH
5
6WODþHQtP>
‡ ĆDOãtPVWODþHQtP>6S~ãĢ]VSXVWtWH]i]QDPQRYHMKODVRYHM
SR]QiPN\
]VDSUHSQHWHGRUHåLPXVQtPDQLD
5R]ãtUHQpIXQNFLH
0RåQRVWLVQtPDQLD
7XVDGR]YLHWHYLDFRPRåQRVWLDFKQDVWDYHQLDYUHåLPHVQtPDQLD
9RĐEDUR]OtãHQLDDNYDOLW\ ………………… 36
1DVWDYHQLHMDVXDIDULHE …………………… 46
9RĐEDUR]OtãHQLD ……………………………… 36
9RĐEDREUD]RYHMNYDOLW\ ……………………… 36
5XþQpQDVWDYHQLHH[SR]tFLH(9 …………
KRPSHQ]iFLDSURWLVYHWOD$&% ……………
=PHQDPRåQRVWLPHUDQLD ……………………
9RĐEDVYHWHOQpKR]GURMD
:KLWHEDODQFH9\YiåHQLHELHOHM …………
3RXåLWLHVDPRVS~ãWH ……………………… 37
6QtPDQLHSUL]ORPRVYHWOHQt ……………… 39
3RWODþHQLHþHUYHQêFKRþt …………………… 39
3RXåLWLHEOHVNX ……………………………… 39
1DVWDYHQLHUêFKORVWL,62 …………………… 40
=PHQD]DRVWUHQLDIRWRDSDUiWX …………… 41
3RXåLWLHPDNUD ……………………………… 41
3RXåLWLHDXWRPDWLFNpKRRVWUHQLD …………… 41
1DVWDYHQLHREODVWLRVWUHQLD ………………… 42
3RXåLWLHGHWHNFLHWYiUH …………………… 43
'HWHNFLDWYiUt …………………………………
9\WYRUHQLHDXWRSRUWUpWX ………………………
9\WYRUHQLHVQtPN\~VPHYX …………………
'HWHNFLDåPXUNQXWLD …………………………
43
44
44
45
46
46
47
47
3RXåLWLHUHåLPXVpULH ……………………… 49
=OHSãHQLHVQtPRN
………………………… 50
3RXåLWLHHIHNWRY¿OWUD ………………………… 50
1DVWDYHQLHIRWRJUD¿H ……………………… 51
9RĐEDUR]OtãHQLDDNYDOLW\
7XVDQDXþtWHQDVWDYRYDĢUR]OtãHQLHDNYDOLWXREUD]X
9RĐEDUR]OtãHQLD
3ULQDKUiYDQtYLGHD
6Y\ããtPUR]OtãHQtPEXGHVQtPNDDOHERYLGHRREVDKRYDĢ
YLDFSL[HORYDP{åXE\ĢY\WODþHQpQDYlþãtSDSLHUDOHER
SUHPLHWDQpQDYlþãHMREUD]RYNH6YRĐERXY\ããLHKR
UR]OtãHQLDUDVWLHDMYHĐNRVĢV~ERUX
1
2
VWODþWH>
]
9\EHUWH0RYLH9LGHRĺ0RYLH6L]H9HĐNRVĢYLGHD
ĺPRåQRVĢ
0RåQRVĢ 3RSLV
3ULY\WYiUDQtVQtPRN
1
2
9UHåLPH
1280 X 7203UHSUHKUiYDQLHQD+'79
640 X 4803UHSUHKUiYDQLHQDãWDQGDUGQRP
DQDOyJRYRP79
320 X 2403UHXPLHVWQHQLHQDZHERY~VWUiQNX
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ3KRWR6L]H9HĐNRVĢ
VQtPN\ĺPRåQRVĢ
0RåQRVĢ 3RSLV
4320 X 32407ODþQDSDSLHU$
4320 X 28807ODþQDSDSLHU$YãLURNRPSRPHUH
VWUiQ
4000 X 30007ODþQDSDSLHU$
4320 X 24327ODþQDSDSLHU$YãLURNRPSRPHUHVWUiQ
DOHERSUHKUiYDQLHQD+'79
3264 X 24487ODþQDSDSLHU$
2592 X 19447ODþQDSDSLHU$
1984 X 14887ODþQDSDSLHU$
1920 X 10807ODþQDSDSLHU$YãLURNRPSRPHUH
VWUiQDOHERSUHKUiYDQLHQD
+'79
1024 X 7683ULSRMHQLHNHPDLOX
9RĐEDREUD]RYHMNYDOLW\ )RWRDSDUiWNRPSULPXMHDXORåtIRWRJUD¿HNWRUpVWHQDVQtPDOL
YRIRUPiWH-3(*9\ããLDNYDOLWDVQtPRNEXGHPDĢ]D
QiVOHGRNYlþãLHV~ERU\
1
2
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ4XDOLW\KYDOLWDĺ
PRåQRVĢ
0RåQRVĢ 3RSLV
6XSHU)LQH9HĐPLMHPQi
Fine-HPQi
1RUPDO1RUPiOQD
0RåQRVWLVDP{åXOtãLĢSRGĐD]YROHQpKRUHåLPXVQtPDQLD
0RåQRVWLVQtPDQLD
3RXåLWLHVDPRVS~ãWH
1DXþWHVDSRXåtYDĢVDPRVS~ãĢQDRQHVNRUHQLHY\WYRUHQLDVQtPN\
1
9UHåLPHVQtPDQLDVWODþWH>
3
]
6WODþHQtP>6S~ãĢ]VSXVWLWHVDPRVS~ãĢ
‡ KRQWUROND$)DVVLVWVDPRVS~ãWHEOLNi)RWRDSDUiW
DXWRPDWLFN\Y\WYRUtVQtPNXSRVWDQRYHQRPþDVH
‡ 6WODþHQtP> ]VDPRVS~ãĢ]UXãtWH
‡ 9]iYLVORVWLRGPRåQRVWLGHWHNFLHWYiUHNWRU~VWHY\EUDOLIXQNFLD
VDPRVS~ãWHDOHERQLHNWRUpIXQNFLHVDPRVS~ãWHQHPXVLDE\Ģ
NGLVSR]tFLL
‡ )XQNFLXVDPRVS~ãWHQHP{åHWHSRXåLĢNHćQDVWDYtWHPRåQRVWL
VpULH
2II
2
=YRĐWHPRåQRVĢ
0RåQRVĢ 3RSLV
Off9\SQXWp6DPRVS~ãĢQLHMHDNWtYQD
6HFV9\WYRUtVQtPNXSRVHNXQGiFK
6HFV9\WYRUtVQtPNXSRVHNXQGiFK
'RXEOH'YRMLWi9\WYRUtVQtPNXSRVHNXQGiFK
DSRWRPSRVHNXQGiFKY\WYRUtćDOãLX
0RWLRQ7LPHU6DPRVS~ãĢVGHWHNFLRXSRK\EX
5HDJXMHQDSRK\EDSRWRPY\WYRUtVQtPNXVWU
0RåQRVWLVDP{åXOtãLĢSRGĐD]YROHQpKRUHåLPXVQtPDQLD
0RåQRVWLVQtPDQLD
3RXåLWLHVDPRVS~ãWH
6
3RXåLWLHVDPRVS~ãWHVGHWHNFLRXSRK\EX
1
2
3
4
9UHåLPHVQtPDQLDVWODþWH>
5
8UREWHQHMDNêSRK\EQDSUPiYDMWHUXNDPLDE\VD
VDPRVS~ãĢVSXVWLOD
=YRĐWH
]
3y]XMWHSUHVQtPNXWDNGOKRSRNêPEOLNiNRQWUROND
$)DVVLVWVDPRVS~ãWH
‡ 7HVQHSUHGDXWRPDWLFNêPY\WYRUHQtPVQtPN\SUHVWDQH
NRQWUROND$)DVVLVWVDPRVS~ãWHEOLNDĢ
6WODþWH>6S~ãĢ]
3RVWDYWHVDGRY]GLDOHQRVWLPD[PRGIRWRDSDUiWX
GRVHN~QGRGVWODþHQLD>6S~ãĢ]
‡ $NYiVIRWRDSDUiWUR]SR]Qi]DþQHNRQWUROND$)DVVLVW
VDPRVS~ãWHEOLNDĢUêFKOR
6DPRVS~ãĢVGHWHNFLRXSRK\EXQHPXVtIXQJRYDĢDN
‡ VWHćDOHMDNRPRGIRWRDSDUiWX
‡ VDSRK\EXMHWHPiOR
‡ MHSR]DGLHSUtOLãMDVQp
'HWHNþQiREODVĢ
VDPRVS~ãWHVGHWHNFLRX
SRK\EX
0RåQRVWLVQtPDQLD
6QtPDQLHSUL]ORPRVYHWOHQt
1DXþWHVDIRWRJUDIRYDĢYQRFLDOHERSULVODERPRVYHWOHQt
3RWODþHQLHþHUYHQêFKRþt 3ULSRXåLWtEOHVNXSULVQtPDQtRV{EYãHUHVDP{åXRþLRVRE\
QDVQtPNHMDYLĢþHUYHQp=DEUiĖWHWRPXYêEHURPPRåQRVWL
5HGH\HýHUYHQpRþL DOHER5HGH\H)L[5HGXNFLD
þHUYHQêFKRþt,QIRUPiFLHRPRåQRVWLDFKEOHVNXQiMGHWHY
NDSLWROHÄ3RXåLWLHEOHVNX³
3RXåLWLHEOHVNX %OHVNSRXåLWHYSUtSDGHåHIRWRJUDIXMHWH]D]OpKRRVYHWOHQLD
DOHERSRWUHEXMHWHYLDFVYHWOD
1
9UHåLPHVQtPDQLDVWODþWH> ]
$XWR
2
=YRĐWHPRåQRVĢ
0RåQRVĢ 3RSLV
Off9\SQXWp
‡ %OHVNVDQHVSXVWt
‡ $NVQtPDWHSULVODERPRVYHWOHQtIRWRDSDUiW
]REUD]tYêVWUDKXWUDVHQLDIRWRDSDUiWRP $XWR$XWRPDWLFN\)RWRDSDUiWY\EHULHVSUiYQH
QDVWDYHQLHEOHVNXSUHVFpQXNWRU~UR]SR]QiY
UHåLPH
0RåQRVWLVQtPDQLD
6QtPDQLHSUL]ORPRVYHWOHQt
0RåQRVĢ 3RSLV
5HGH\H)L[5HGXNFLDþHUYHQêFKRþt*
‡ %OHVNVDVSXVWtGYDNUiWNHćMHREMHNWDOHER
SR]DGLHWPDYp2EMHNWVDQHVPLHSRKQ~Ģ
SRNêPQHG{MGHNGUXKpPX]iEOHVNX
‡ )RWRDSDUiWRSUDYtþHUYHQpRþLSRNURþLORX
VRIWYpURYRXDQDOê]RXVQtPN\
6ORZ6\QF3RPDOiV\QFKURQL]iFLD
‡ 3R]iEOHVNX]RVWDQHX]iYLHUNDGOKãLHRWYRUHQi
‡ =YRĐWHSUH]DFK\WHQLHSRGUREQRVWtSR]DGLDY
RNROLWRPVYHWOH
‡ $E\VQtPN\QHEROLUR]PD]DQpSRXåLWHVWDWtY
)LOOLQ9\URYQiYDFt
‡ %OHVNSUDFXMHYåG\
‡ )RWRDSDUiWDXWRPDWLFN\QDVWDYtLQWHQ]LWXVYHWOD
5HGH\HýHUYHQpRþL*
‡ %OHVNVDVSXVWtGYDNUiWNHćMHREMHNWDOHER
SR]DGLHWPDYp
‡ )RWRDSDUiWREPHG]tMDYþHUYHQêFKRþt
$XWR$XWRPDWLFN\%OHVNVDDXWRPDWLFN\VSXVWt
NHćMHREMHNWDOHERSR]DGLHWPDYp
0RåQRVWLVDP{åXOtãLĢSRGĐD]YROHQpKRUHåLPXVQtPDQLD
0HG]LGYRPD]iEOHVNDPLEOHVNXMHXUþLWiRGPOND1HSRK\EXMWHVD
GRYWHG\NêPQHG{MGHNGUXKpPX]iEOHVNX
‡ 1DVWDYHQLDEOHVNXQLHV~GRVWXSQpDNQDVWDYtWHPRåQRVWL
VpULHDOHERDNY\EHULHWHPRåQRVĢ%OLQN'HWHFWLRQ'HWHNFLD
åPXUNQXWLD
‡ 8LVWLWHVDåHVDREMHNWQDFKiG]DYRGSRU~þDQHMY]GLDOHQRVWL
RGEOHVNXVWU
‡ $NVDRGUiåDVYHWOR]EOHVNXDOHERDNVDYRY]GXFKXQDFKiG]D
YHĐNpPQRåVWYRSUDFKXQDYDãHMIRWRJUD¿LVDP{åXREMDYLĢ
GUREQpERG\
1DVWDYHQLHUêFKORVWL,62 5êFKORVĢ,62XGiYDFLWOLYRVĢ¿OPXQDVYHWORSRGĐD
RUJDQL]iFLH,QWHUQDWLRQDO2UJDQL]DWLRQIRU6WDQGDUGLVDWLRQ
,62ýtPY\ããLHþtVOR,62]YROtWHWêPEXGHIRWRDSDUiW
FLWOLYHMãtQDVYHWOR6Y\ããRXUêFKORVĢRX,62P{åHWHY\WYRULĢ
OHSãLXVQtPNXEH]SRXåLWLDEOHVNX
1
2
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ,62ĺPRåQRVĢ
‡ =YRĐWH DQDVWDYWHYKRGQ~UêFKORVĢ,62SRGĐDMDVX
REMHNWXDSR]DGLD
0RåQRVWLVQtPDQLD
‡ ýtPY\ããLHþtVOR,62]YROtWHWêPEXGHVQtPNDREVDKRYDĢYLDF
ãXPX
‡ KHćY\EHULHWH0RWLRQ&DSWXUH=DFK\WHQLHSRK\EXIRWRDSDUiW
QDVWDYtUêFKORVĢ,62QD$XWR$XWRPDWLFN\
=PHQD]DRVWUHQLDIRWRDSDUiWX
1DXþWHVDQDVWDYRYDĢ]DRVWUHQLHIRWRDSDUiWX
3RXåLWLHPDNUD 3RXåLWLHDXWRPDWLFNpKRRVWUHQLD 5HåLPPDNURSRXåLWHQDVQtPDQLHREMHNWRY]EOt]NDDNRQDSU
NYHWtQDOHERKP\]X3R]ULPRåQRVWLPDNUDYþDVWLÄ3RXåLWLH
DXWRPDWLFNpKRRVWUHQLD³
$NFKFHWHY\WYiUDĢRVWUpVQtPN\]DRVWULWHVSUiYQHXUþHQtP
Y]GLDOHQRVWLSUtVWURMDRGREMHNWX
1
9UHåLPHVQtPDQLDVWODþWH> ]
1RUPDO$)
2
=YRĐWHPRåQRVĢ
0RåQRVĢ 3RSLV
1RUPDO$)1RUPiOQH$)=DRVWUHQLHQDREMHNW
YRY]GLDOHQRVWLY\ããHMDNRFPRGIRWRDSDUiWX
ĆDOHMDNRPSULSRXåtYDQtWUDQVIRNiFLH
0DFUR0DNUR=DRVWUHQLHVDREMHNWYR
Y]GLDOHQRVWLFPRGIRWRDSDUiWX
$XWR0DFUR$XWRPDWLFNpPDNUR2VWUtQDREMHNW
Y]GLDOHQHMãtQHåFP
ĆDOHMDNRPSULSRXåtYDQtWUDQVIRNiFLH
‡ )RWRDSDUiWGUåWHYHĐPLSHYQHSUHWRåHKUR]tUR]PD]DQLHVQtPN\
‡ 3ULY]GLDOHQRVWLREMHNWXSRGFPY\SQLWHEOHVN
0RåQRVWLVDP{åXOtãLĢSRGĐD]YROHQpKRUHåLPXVQtPDQLD
0RåQRVWLVQtPDQLD
=PHQD]DRVWUHQLDIRWRDSDUiWX
1DVWDYHQLHREODVWLRVWUHQLD /HSãLHVQtPN\P{åHWH]tVNDĢYRĐERXVSUiYQHMREODVWLRVWUHQLD
SRGĐDXPLHVWQHQLDREMHNWXYVFpQH
1
2
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ)RFXV$UHD2EODVĢ
RVWUHQLDĺPRåQRVĢ
0RåQRVĢ
3RSLV
&HQWHU$)$XWRPDWLFNpRVWUHQLHQDVWUHG
2VWUHQLHQDVWUHG+RGtVDNHćVDREMHNW\
QDFKiG]DM~YVWUHGH
0XOWL$)9LDFQiVREQp$)2VWUHQLHQDMHGQX
DOHERYLDF]PRåQêFKREODVWt
0RåQRVWLVDP{åXOtãLĢSRGĐD]YROHQpKRUHåLPXVQtPDQLD
0RåQRVWLVQtPDQLD
3RXåLWLHGHWHNFLHWYiUH
3ULSRXåLWtPRåQRVWtGHWHNFLHWYiUHIRWRDSDUiWDXWRPDWLFN\]LVWtĐXGVN~WYiU3ULRVWUHQtQDĐXGVN~WYiUXUþtIRWRDSDUiWDXWRPDWLFN\
H[SR]tFLX9\WYRUWHVQtPNXMHGQRGXFKRDUêFKORSRPRFRXPRåQRVWt%OLQN'HWHFWLRQ'HWHNFLDåPXUNQXWLDQDUR]SR]QDQLH
]DWYRUHQêFKRþtDOHER6PLOH6KRWÒVPHYQD]DFK\WHQLH~VPHYX
‡ 9QLHNWRUêFKUHåLPRFKVFpQ\QLHMHGHWHNFLDWYiUHGRVWXSQi
‡ 'HWHNFLDWYiUHQHPXVtIXQJRYDĢNHć
MHYHĐNiY]GLDOHQRVĢPHG]LREMHNWRPDIRWRDSDUiWRPUiPþHN
VDSULPRåQRVWLDFK6PLOH6KRWÒVPHYD%OLQN'HWHFWLRQ
'HWHNFLDåPXUNQXWLD]REUD]tRUDQåRYR
MHSUtOLãPiORDOHERYHĐDVYHWOD
REMHNWQLHMHRWRþHQêVPHURPNIRWRDSDUiWX
PiREMHNWVOQHþQpRNXOLDUHDOHERPDVNX
MHREMHNWSRGVYLHWHQêDOHERV~QHVWiOHVYHWHOQpSRGPLHQN\
VDYêUD]WYiUHREMHNWXYêUD]QHPHQt
‡ 3ULSRXåLWtPRåQRVWLLQWHOLJHQWQpKR¿OWUDDOHERXSUDYHQLDREUi]NX
QLHMHGHWHNFLDWYiUHNGLVSR]tFLL
‡ 9]iYLVORVWLRGPRåQRVWLGHWHNFLHWYiUHNWRU~VWHY\EUDOL
IXQNFLDVDPRVS~ãWHDOHERQLHNWRUpIXQNFLHVDPRVS~ãWHQHEXG~
NGLVSR]tFLL
‡ 9]iYLVORVWLRG]YROHQHMPRåQRVWLGHWHNFLHWYiUHQLHV~QLHNWRUp
PRåQRVWLVpULHGRVWXSQp
'HWHNFLDWYiUt
9iãIRWRDSDUiWDXWRPDWLFN\]LVWtDåĐXGVNêFKWYiUtQD
MHGQHMVFpQH
1
2
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ)DFH'HWHFWLRQ
'HWHNFLDWYiUH ĺ1RUPDO1RUPiOQD
‡ 1DMEOLåãLDWYiUMHR]QDþHQiELHO\PUiPþHNRPRVWDWQpV~
R]QDþHQpUiPþHNPLVLYêPL
‡ 7YiUMHUR]SR]QDQiWêPVN{UþtPMHEOLåãLHNIRWRDSDUiWX
0RåQRVWLVQtPDQLD
3RXåLWLHGHWHNFLHWYiUH
9\WYRUHQLHDXWRSRUWUpWX
9\WYRUHQLHVQtPN\~VPHYX
0{åHWHVDVDPLY\IRWRJUDIRYDĢ)RWRDSDUiWDXWRPDWLFN\
QDVWDYtY]GLDOHQRVĢIRWRJUD¿HSUHGHWDLODNHćEXGH
SULSUDYHQê]D]QLHStSQXWLH
)RWRDSDUiWDXWRPDWLFN\Y\WYRUtVQtPNXSRUR]SR]QDQt
XVPLHYDM~FHMVDWYiUH
1
2
3tSDQLHVDVSXVWtDMHKRIUHNYHQFLDVDEXGH]Y\ãRYDĢ
NHćVDWYiUEXGHGRVWiYDĢGR]DRVWUHQLD
1
2
9UHåLPHVQtPDQLDVWODþWH>
3
3R]D]QHQtNUiWNHKRStSQXWLDVWODþWHWODþLGOR>6S~ãĢ]
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ)DFH'HWHFWLRQ
'HWHNFLDWYiUH ĺ6PLOH6KRWÒVPHY
‡ )RWRDSDUiWĐDKãLHUR]SR]QiãLURNê~VPHY
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ)DFH'HWHFWLRQ
'HWHNFLDWYiUH ĺ6HOI3RUWUDLW$XWRSRUWUpW
‡ 3tSQXWLDQHEXGHWHSRþXĢDN9ROXPH+ODVLWRVĢQDVWDYtWHQD
PRåQRVĢOff9\SQXWpYSRQXNHQDVWDYHQtIRWRDSDUiWX
VWU
0RåQRVWLVQtPDQLD
3RXåLWLHGHWHNFLHWYiUH
'HWHNFLDåPXUNQXWLD
$NIRWRDSDUiWUR]SR]Qi]DWYRUHQpRþLDXWRPDWLFN\Y\WYRUt
VpULXGYRFKVQtPRN
1
2
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ)DFH'HWHFWLRQ
'HWHNFLDWYiUH ĺ%OLQN'HWHFWLRQ'HWHNFLD
åPXUNQXWLD
‡ 3RNêPVDQDREUD]RYNH]REUD]XMHÄ&DSWXULQJ³=i]QDP
IRWRDSDUiWGUåWHSHYQH
‡ KHćGHWHNFLDåPXUNQXWLD]O\Ki]REUD]tVDKOiVHQLHÄ3LFWXUH
WDNHQZLWKH\HVFORVHG³6QtPNDY\WYRUHQiVR]DWYRUHQêPL
RþDPL9\WYRUWHQRY~VQtPNX
0RåQRVWLVQtPDQLD
1DVWDYHQLHMDVXDIDULHE
7XVDGR]YLHWHDNR]YêãLĢNYDOLWXVQtPN\QDVWDYHQtPMDVXDIDULHE
5XþQpQDVWDYHQLHH[SR]tFLH
(9 KRPSHQ]iFLDSURWLVYHWOD$&% 9]iYLVORVWLRGRNROLWpKRRVYHWOHQLDP{åXE\ĢYDãHVQtPN\
QLHNHG\SUtOLãVYHWOpDOHERWPDYp9WêFKWRSUtSDGRFK]tVNDWH
OHSãLHVQtPN\QDVWDYHQtPH[SR]tFLH
7PDYãLD
1
2
3
1HXWUiOQD
9UHåLPHVQtPDQLDVWODþWH>
$NMHPHG]LREMHNWRPDSR]DGtPY\VRNêNRQWUDVWQDSUMH]D
REMHNWRPVYHWHOQê]GURMMDYtVDREMHNWYHĐPLWPDYê9WRPWR
SUtSDGH]DSQLWHDXWRPDWLFNpY\YiåHQLHNRQWUDVWX$&%
%H]$&%
6YHWOHMãLD
1
2
]
9\EHUWH6KRRWLQJ6QtPDQLHĺEV
6$&%
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH6KRRWLQJ6QtPDQLHĺACBĺPRåQRVĢ
0RåQRVĢ 3RSLV
9RĐERXKRGQRW\QDVWDYWHH[SR]tFLX
Off9\SQXWp$&%MHY\SQXWp
‡ 3RQDVWDYHQtH[SR]tFLH]RVWDQHQDVWDYHQLHURYQDNp([SR]tFLX
P{åHE\ĢQXWQpXSUDYLĢDE\VWH]DEUiQLOLSRGH[SRQRYDQLXþL
SUHH[SRQRYDQLXVQtPN\
‡ $NQHP{åHWHXUþLĢVSUiYQXH[SR]tFLX]YRĐWHPRåQRVĢAEB
KRQ]RODDXWRPDWLFNHMH[SR]tFLH)RWRDSDUiWY\WYRUtWUL
VQtPN\SULþRPNDåGiEXGHPDĢLQ~H[SR]tFLXQRUPiOQD
SRGH[SRQRYDQiDSUHH[SRQRYDQiVWU
0RåQRVWLVQtPDQLD
On=DSQXWp$&%MH]DSQXWp
‡ )XQNFLD$76QLHMHNGLVSR]tFLLNHćQDVWDYtWHPRåQRVWL
&RQWLQXRXV1HSUHWUåLWp0RWLRQ&DSWXUH6QtPDQLHYSRK\EH
DOHERAEB
1DVWDYHQLHMDVXDIDULHE
=PHQDPRåQRVWLPHUDQLD
5HåLPPHUDQLDXUþXMHVS{VRENWRUêPIRWRDSDUiWPHULD
PQRåVWYRVYHWOD-DVDY]KĐDGYDãLFKVQtPRNVDP{åHOtãLĢ
SRGĐD]YROHQpKRVS{VREXPHUDQLD
1
2
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ0HWHULQJ0HUDQLH
ĺPRåQRVĢ
9RĐEDVYHWHOQpKR]GURMD
:KLWHEDODQFH9\YiåHQLHELHOHM
)DUE\VQtPN\]iYLVLDRGW\SXDNYDOLW\RVYHWOHQLD]GURMRP
VYHWOD$NFKFHWHDE\EROLIDUE\QDYDãHMIRWRJUD¿LUHDOLVWLFNp
Y\EHUWHQDVWDYHQLHY\YiåHQLDELHOHMIDUE\NWRUpVD]KRGXMH
VSRGPLHQNDPLRVYHWOHQLDDNRMHQDSUtNODG'D\OLJKW'HQQp
VYHWOR&ORXG\=DPUDþHQpDOHER7XQJVWHQäLDURYND
0RåQRVĢ 3RSLV
0XOWL9LDFERGRYp
‡ )RWRDSDUiWUR]GHOtVFpQXGRQLHNRĐNêFKREODVWt
DPHULDMDVNDåGHM]QLFK
‡ 9KRGQpSUHEHåQpIRWRJUDIRYDQLH
6SRW%RGRYp
‡ )RWRDSDUiWPHULDMDVLEDYVDPRPVWUHGH
UiPþHND
‡ $NQLHMHREMHNWYVWUHGHVFpQ\QHPXVtE\Ģ
VQtPNDVSUiYQHH[SRQRYDQi
‡ 9KRGQpSUHREMHNW\YSURWLVYHWOH
&HQWHUZHLJKWHG6WUHGRYRY\YiåHQp
‡ )RWRDSDUiWXUþtH[SR]tFLXDNRSULHPHUMDVX
FHOHMVQtPN\VG{UD]RPQDVWUHG
‡ 9KRGQpSUHVQtPN\VREMHNWRPYVWUHGHSRĐD
$XWR:%
$XWRPDWLFNp
Y\YiåHQLHYLHOHM
&ORXG\=DPUDþHQp
0RåQRVWLVQtPDQLD
'D\OLJKW'HQQp
VYHWOR
7XQJVWHQäLDURYND
1DVWDYHQLHMDVXDIDULHE
1
2
9UHåLPHVQtPDQLDVWODþWH>
9ODVWQpQDVWDYHQLHY\YiåHQLDELHOHM
]
1
2
9\EHUWH6KRRWLQJ6QtPDQLHĺ:KLWH%DODQFH
9\YiåHQLHELHOHMĺPRåQRVĢ
,NRQD
3RSLV
$XWR:%$XWRPDWLFNpY\YiåHQLHELHOHM1D]iNODGH
SRGPLHQRNRVYHWOHQLDVDDXWRPDWLFN\QDVWDYt
Y\YiåHQLHELHOHMIDUE\
'D\OLJKW'HQQpVYHWOR9\EHUWHSUHVQtPDQLHY
H[WHULpULSULMDVQRPSRþDVt
&ORXG\=DPUDþHQp9\EHUWHSUHVQtPDQLHY
H[WHULpULSULREODþQRVWLDOHERYWLHQL
)OXRUHVFHQWB+äLDULYNDB+9\EHUWHSUHVQtPDQLH
SULSRXåLWtåLDULYLHNVIDUERXGHQQpKRVYHWODDOHER
WURMSiVPRYêFKåLDULYLHN
)OXRUHVFHQWB/äLDULYNDB/9\EHUWHSULRVYHWOHQt
ELHORXåLDULYNRX
7XQJVWHQäLDURYND9\EHUWHSUHVQtPN\YLQWHULpUL
SULRVYHWOHQtNODVLFNêPLDOHERKDORJpQRYêPL
åLDURYNDPL
0HDVXUH6KXWWHU0HUDQLHH[SR]tFLH6S~ãĢ
3RXåLWHQDVWDYHQtY\YiåHQLDELHOHMIDUE\NWRUpVWH
GH¿QRYDOL3R]ULWHVLSRVWXSQDSUDYHMVWUDQH
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ:KLWH%DODQFH
9\YiåHQLHELHOHMĺ0HDVXUH6KXWWHU0HUDQLH
H[SR]tFLH6S~ãĢ
3
2EMHNWtYQDPLHUWHQDELHO\SDSLHU
4
6WODþWH>6S~ãĢ]
0RåQRVWLVQtPDQLD
3RXåLWLHUHåLPXVpULH
9\WYRUHQLHVQtPRNSRK\EXM~FLFKVDREMHNWRYDOHER]DFK\WHQLHSULURG]HQpKRYêUD]XRV{EP{åHE\ĢQiURþQp
9WDNêFKWRSUtSDGRFKY\EHUWHMHGHQ]UHåLPRYVpULHQDUêFKOHVQtPDQLHYLDFHUêFKIRWRJUD¿t
‡ %OHVNVDPRVS~ãĢD$&%P{åHWHSRXåLĢLEDSULYRĐEH6LQJOH
-HGQRUD]RYp
‡ 3ULYRĐEH0RWLRQ&DSWXUH=DFK\WHQLHSRK\EXVD
UR]OtãHQLHQDVWDYtQD9*$DFLWOLYRVĢ,62QD$XWR
$XWRPDWLFN\
‡ 9]iYLVORVWLRG]YROHQHMPRåQRVWLGHWHNFLHWYiUHQLHV~
QLHNWRUpPRåQRVWLVpULHGRVWXSQp
1
2
9UHåLPHVQtPDQLDVWODþWH>
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ'ULYH-D]GDĺ
PRåQRVĢ
0RåQRVĢ 3RSLV
6LQJOH-HGQRUD]RYp9\WYRUHQLHMHGLQHMVQtPN\
&RQWLQXRXV6HNYHQþQp
‡ 3ULSULGUåDQt>6S~ãĢ]Y\WYiUDIRWRDSDUiWVQtPN\
QHSUHWUåLWH
‡ 0D[LPiOQ\SRþHWWDNWRY\WYRUHQêFKVQtPRNMH
GDQêYHĐNRVĢRXYORåHQHMSDPlĢRYHMNDUW\
0RWLRQ&DSWXUH=DFK\WHQLHSRK\EX
‡ 3RVWODþHQt>6S~ãĢ]IRWRDSDUiWY\WYiUD9*$
VQtPN\VQtPRN]DVHNXQGXPD[VQtPRN
AEB
‡ 9\WYRUHQLHVQtPRNVU{]Q\PQDVWDYHQtPH[SR]tFLH
QRUPiOQDSRGH[SRQRYDQiDSUHH[SRQRYDQi
‡ $E\VWHSUHGLãOLY]QLNXQHRVWUêFKVQtPRN
SRXåLWHVWDWtY
0RåQRVWLVDP{åXOtãLĢSRGĐD]YROHQpKRUHåLPXVQtPDQLD
0RåQRVWLVQtPDQLD
=OHSãHQLHVQtPRN
7XVDGR]YLHWHDNR]OHSãLĢVQtPN\SULGDQtPHIHNWRYVPDUW¿OWHULQWHOLJHQWQê¿OWHUDOHERY\NRQDQtPQDVWDYHQt
3RXåLWLHHIHNWRY¿OWUD
'H¿QtFLDYODVWQpKR5*%WyQX
3RXåLWtPU{]Q\FK¿OWUDþQêFKHIHNWRYQDVQtPN\Y\WYRUtWH
MHGLQHþQpREUD]\
9LYLG,QWHQ]tYQH
1
2
5HWUR5HWURãWêO
9UHåLPHVQtPDQLDVWODþWH>
1
2
9UHåLPHVQtPDQLDVWODþWH>
3
9\EHUWHIDUEX5þHUYHQi*]HOHQi%PRGUi
9\EHUWH6KRRWLQJ6QtPDQLHĺ6PDUW)LOWHU
,QWHOLJHQWQê¿OWHUĺ&XVWRP5*%9ODVWQp5*%
&RRO&KODGQp
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ6PDUW)LOWHU
,QWHOLJHQWQê¿OWHUĺPRåQRVĢ
%DFN
‡ 9RĐERX&XVWRP5*%9ODVWQp5*%GH¿QXMWHYODVWQê
5*%WyQ
4
]
0RYH
8UþWHPQRåVWYR]YROHQHMIDUE\
PHQHMDOHERYLDF
‡ 3ULSRXåLWtWHMWRIXQNFLHQLHMHPRåQpYROLĢUR]SR]QDQLHWYiUHD
DQLPRåQRVWLQDVWDYHQLDREUD]X
0RåQRVWLVQtPDQLD
=OHSãHQLHVQtPRN
1DVWDYHQLHIRWRJUD¿H
0RåQRVWLVêWRVWL
3RSLV
1DVWDYWHNRQWUDVWRVWURVĢDVêWRVĢIDULHEVYRMLFKIRWRJUD¿t
=QtåLIDUHEQ~VêWRVĢ
1
2
9UHåLPHVQtPDQLDVWODþWH>
=YêãLIDUHEQ~VêWRVĢ
3
=YRĐWHPRåQRVĢQDVWDYHQLD
4
=YROHQtPKRGQRW\QDVWDYWH]YROHQ~SRORåNX
]
9\EHUWH6KRRWLQJ6QtPDQLHĺ,PDJH$GMXVW
1DVWDYHQLHREUD]X
‡ $NQHFKFHWHSRXåLĢåLDGQHHIHNW\YKRGQpSUHWODþ]YRĐWH0
‡ $NQDVWDYtWHPRåQRVĢ~SUDY\REUD]XIXQNFLDLQWHOLJHQWQpKR¿OWUD
QHEXGHGRVWXSQi
‡ KRQWUDVW
‡ 2VWURVĢ
‡ 6êWRVĢ
0RåQRVWL
NRQWUDVWX
3RSLV
=QtåLIDUHEQRVĢDMDV
3ULGiIDUE\DMDV
0RåQRVWLRVWURVWL 3RSLV
=PlNþXMHREU\V\YVQtPNH+RGtVDQD
~SUDYXVQtPRNYRYDãRPSRþtWDþL
=DRVWUXMHREU\V\D]Y\ãXMHWDNþLVWRWX
VQtPN\0{åHYãDNG{MVĢDMN]YêUD]QHQLX
ãXPXYREUD]H
0RåQRVWLVQtPDQLD
3UHKUiYDQLHÒSUDY\
7XVDGR]YLHWHYLDFRSUHKUiYDQtVQtPRNYLGHtDKODVRYêFKSR]QiPRNDR~SUDYHVQtPRNDYLGHt
1DXþtWHVDWDNWLHåSULSRMLĢIRWRDSDUiWNIRWRWODþLDUQLDWHOHYt]RUX
3UHKUiYDQLH ………………………………… 53
3UHQRVV~ERURYGRSRþtWDþD:LQGRZV …… 65
6SXVWHQLHUHåLPXSUHKUiYDQLD ………………
=REUD]HQLHVQtPRN …………………………
3UHKUiYDQLHYLGHD ……………………………
3UHKUiYDQLHKODVRYêFKSR]QiPRN …………
3UHQRVV~ERURYSRPRFRXDSOLNiFLH
,QWHOOLVWXGLR ………………………………… 67
3UHQRVV~ERURYSULSRMHQtPIRWRDSDUiWXDNR
Y\PHQLWHĐQpKRGLVNX ………………………… 69
2GSRMHQLHIRWRDSDUiWXSUH:LQGRZV;3 … 70
53
57
58
59
ÒSUDYDVQtPN\ ……………………………… 60
=PHQDYHĐNRVWLVQtPRN ………………………
2WRþHQLHVQtPN\ ……………………………
3RXåtYDQLHLQWHOLJHQWQêFKHIHNWRY …………
2SUDYDQHVSUiYQHMH[SR]tFLH ………………
9\WYRUHQLHSRUDGLDWODþH'32) ……………
60
60
61
62
63
=REUD]HQLHV~ERURYQD79 ………………… 64
3UHQRVV~ERURYGRSRþtWDþD0DF ………… 71
7ODþVQtPRNSRPRFRXIRWRWODþLDUQH
3LFW%ULGJH ………………………………… 72
3UHKUiYDQLH
˪7XVDGR]YLHWHRSUHKUiYDQtVQtPRNYLGHtDKODVRYêFKSR]QiPRNDRVSUiYHV~ERURY
6SXVWHQLHUHåLPXSUHKUiYDQLD
=REUD]HQLHYUHåLPHSUHKUiYDQLD
=REUD]WHVQtPN\DOHERSUHKUiYDMWHYLGHiDKODVRYp
SR]QiPN\XORåHQpYRIRWRDSDUiWH
1
2
6WODþWH>
]
‡ =REUD]tVDQDSRVOHG\Y\WYRUHQêDOHER]D]QDPHQDQê
V~ERU
‡ $NEROIRWRDSDUiWY\SQXWê]DSQHVD
6WODþHQtP> ]DOHER>
,QIRUPiFLH
]VDSRK\EXMWHPHG]LV~ERUPL
‡ 'RW\NRPDSULGUåDQtPSUHFKiG]DWHPHG]LV~ERUPLUêFKOHMãLH
‡ $NFKFHWHSUHKUDĢYLGHiDKODVRYpSR]QiPN\XORåHQpYRYDãRP
IRWRDSDUiWHIRWRDSDUiWY\SQLWHY\EHUWHSDPlĢRY~NDUWXDSRWRP
NY{OLSUHKUiYDQLXIRWRDSDUiW]DSQLWHGRUHåLPXSUHKUiYDQLD
‡ )RWRDSDUiWQHSUHKUiYDVSUiYQHSUtOLãYHĐNpV~ERU\DOHERV~ERU\
Y\WYRUHQpIRWRDSDUiWPLLQêFKYêUREFRY
,NRQD
3RSLV
6QtPNDVKODVRYRXSR]QiPNRX
9LGHRV~ERU
1DVWDYLORVDSRUDGLHWODþH'32)
&KUiQHQêV~ERU
1i]RYSULHþLQND±Qi]RYV~ERUX
‡ $NFKFHWH]REUD]LĢLQIRUPiFLHRV~ERUHVWODþWHWODþLGOR>
3UHKUiYDQLHÒSUDY\
]
3UHKUiYDQLH
=REUD]HQLHV~ERURYSRGĐDNDWHJyULtYLQWHOLJHQWQRPDOEXPH
=REUD]XMWHDVSUDYXMWHV~ERU\SRGĐDNDWHJyULtDNRV~GiWXP
W\SV~ERUXDOHERWêåGHĖ
1
2
3
9UHåLPHSUHKUiYDQLDVWODþWH>7UDQVIRNiWRU]
6WODþWH>
4
6WODþHQtP> ]DOHER>
5
6WODþHQtP>
]
=YRĐWHNDWHJyULX
7\SH
'DWH
&RORU
:HHN
%DFN
6HW
0RåQRVĢ
3RSLV
7\SH7\S
=REUD]HQLHV~ERURYSRGĐDW\SX
'DWH'iWXP =REUD]HQLHV~ERURYSRGĐDGiWXPXXORåHQLD
&RORU
)DUED
:HHN
7êåGHĖ
]VDSRK\EXMWHPHG]LV~ERUPL
‡ 'RW\NRPDSULGUåDQtPSUHFKiG]DWHPHG]LV~ERUPL
UêFKOHMãLH
=REUD]HQLHV~ERURYSRGĐDGRPLQDQWQHMIDUE\
VQtPN\
=REUD]HQLHV~ERURYSRGĐDGĖDYWêåGQLNHG\
EROLXORåHQp
2WYRUHQLHLQWHOLJHQWQpKRDOEXPXDOHER]PHQDNDWHJyULHDUR]
SR]QDQLHV~ERURYP{åHWUYDĢGOKãLH
3UHKUiYDQLHÒSUDY\
]VDYUiWLWHGRQRUPiOQHKR]REUD]HQLD
3UHKUiYDQLH
=REUD]HQLHV~ERURYDNRPLQLDW~U
2FKUDQDV~ERURY
3UHFKiG]DMWHPHG]LV~ERUPL]REUD]HQêPLYRIRUPHPLQLDW~U
9UHåLPHSUHKUiYDQLDVWODþHQtP>7UDQVIRNiWRU]
VPHURPGROHRWYRUWH]REUD]HQLHDOHER
PLQLDW~UVWODþHQtP>7UDQVIRNiWRU]VPHURPKRUH
PLQLDW~U\RSXVWtWH
6~ERU\P{åHWHFKUiQLĢSURWLQiKRGQpPX]PD]DQLX
1
2
9UHåLPHSUHKUiYDQLDVWODþWH>
3
$NFKFHWHFKUiQLĢYãHWN\V~ERU\Y\EHUWH$OO9ãHWNR
ĺ/RFN=DPNQ~Ģ
4
$NFKFHWHFKUiQLĢMHGHQV~ERUY\EHUWHV~ERUNWRUê
FKFHWHFKUiQLĢDSRWRPVWODþWH>
]
]
9\EHUWH)LOH2SWLRQV0RåQRVWLV~ERUX ĺ3URWHFW
&KUiQLĢ ĺ6HOHFW9\EUDĢ
‡ ĆDOãtPVWODþHQtP>
]YiãYêEHU]UXãtWH
)LOWHU
ÒNRQ
9\NRQDMWH
3UHFKiG]DQLHPHG]L
V~ERUPL
6WODþWH>
0D]DQLHV~ERURY
6WODþWH>
]>
]>
]DOHER>
]
]DSRWRPY\EHUWH<HVÈQR
6HOHFW
6HW
5
=RSDNRYDQtPNURNXQDVWDYtWHRFKUDQXSUHćDOãLH
MHGQRWOLYpV~ERU\
6
6WODþWH>
3UHKUiYDQLHÒSUDY\
]
3UHKUiYDQLH
0D]DQLHV~ERURY
6~ERU\P{åHWHPD]DĢSRMHGQRPDOHERYãHWN\QDUD]1LHMH
PRåQp]PD]DĢFKUiQHQpV~ERU\
9\PD]DQLHMHGQpKRV~ERUX
1
2
9UHåLPHSUHKUiYDQLD]YRĐWHV~ERUDSRWRPVWODþWH>
]
=YROHQtP<HVÈQR]PDåWHV~ERU
=PD]DQLHYLDFHUêFKV~ERURY
1
2
3
9UHåLPHSUHKUiYDQLDVWODþWH>
4
5
6WODþWH>
]
9\EHUWH0XOWLSOH'HOHWH+URPDGQpRGVWUiQHQLH
9\EHUWHV~ERU\NWRUpFKFHWHY\PD]DĢDSRWRPVWODþWH>
‡ ĆDOãtPVWODþHQtP>
]
]YiãYêEHU]UXãtWH
]
=YRĐWH<HVÈQR
9\PD]DQLHYãHWNêFKV~ERURY
1
2
9UHåLPHSUHKUiYDQLDVWODþWH>
]
9\EHUWH)LOH2SWLRQV0RåQRVWLV~ERUXĺ'HOHWH
9\PD]DĢĺ$OO9ãHWNRĺ<HVÈQR
3UHKUiYDQLHÒSUDY\
3UHKUiYDQLH
=REUD]HQLHVQtPRN
6SXVWHQLHSUH]HQWiFLH
3RþDVSUH]HQWiFLHP{åHWHSRXåtYDĢHIHNW\DSULGiYDĢ]YXN\
=YlþãLWHVLþDVĢVQtPN\DOHERVL]REUD]WHVQtPN\Y
SUH]HQWiFLL
=YlþãHQLHVQtPN\
9UHåLPHSUHKUiYDQLDVWODþHQtP
>7UDQVIRNiWRU]VPHURPKRUH]YlþãtWH
VQtPNXVWODþHQtP>7UDQVIRNiWRU]VPHURP
GROHVQtPNX]PHQãtWH
=YlþãHQiREODVĢDSRPHU]YlþãHQLDVD]REUD]LDYKRUQHMþDVWL
GLVSOHMD0D[SRPHU]YlþãHQLD]iYLVtRGUR]OtãHQLDVQtPN\
1
2
3
9UHåLPHSUHKUiYDQLDVWODþWH>
9\EHUWH0XOWL6OLGH6KRZ0XOWLSUH]HQWiFLD
=YRĐWHPRåQRVĢHIHNWXSUH]HQWiFLH
‡ 3UHVSXVWHQLHSUH]HQWiFLHEH]HIHNWRYSUHVNRþWHQD
NURN
0RåQRVĢ
,PDJHV
2EUi]N\
(IIHFW
(IHNW
7ULP2UH]DĢ
,QWHUYDO
ÒNRQ
9\NRQDMWH
3RK\E]YlþãHQRX
REODVĢRX
6WODþWH>
2UH]DQLH]YlþãHQHM
VQtPN\
6WODþWH>
]2UH]DQiIRWRJUD¿DVD
XORåtDNRQRYêV~ERU
]>
]>
]DOHER>
]
]
0XVLF
+XGED
3UHKUiYDQLHÒSUDY\
3RSLV
9êEHUVQtPRNNWRUpEXG~V~þDVĢRXSUH]HQWiFLH
‡ $OO9ãHWNR=REUD]HQLHYãHWNêFKVQtPRNY
SUH]HQWiFLL
‡ 'DWH'iWXP=REUD]HQLHVQtPRNY\WYRUHQêFK
YXUþLWêGHĖYSUH]HQWiFLL
‡ 6HOHFW9\EUDĢ=REUD]HQLH]YROHQêFKVQtPRN
YSUH]HQWiFLL
‡ 9RĐEDSUHFKRGRYpKRHIHNWX
‡ 9RĐERXOff9\SQXWpHIHNW\Y\SQHWH
‡ 1DVWDYHQLHLQWHUYDOXPHG]LVQtPNDPL
‡ 7iWRSRORåNDMHNGLVSR]tFLLNHćYPRåQRVWL
(IIHFW(IHNWY\EHULHWHQDVWDYHQLH
Off9\SQXWp3R]ULćDOHM
9RĐEDKXGE\QDSR]DGt
3UHKUiYDQLH
4
5
1DVWDYWHHIHNWSUH]HQWiFLH
3UHKUiYDQLHYLGHD
9\EHUWH6WDUW6SXVWLĢ ĺ3OD\3UHKUDĢ
9LGHRP{åHWHSUHKUiYDĢDOHER]QHKR]DFK\WiYDĢVQtPN\
‡ 3UHRSDNRYDQLHSUH]HQWiFLHY\EHUWH5HSHDW2SDNRYDĢ
‡ 6WODþHQtP>
]SUH]HQWiFLXSUHUXãtWHDOHERYQHM
SRNUDþXMHWH
1
9UHåLPHSUHKUiYDQLDY\EHUWHYLGHRDSRWRPVWODþWH
>
]
$NFKFHWHSUH]HQWiFLX]DVWDYLĢDSUHMVĢGRUHåLPXSUHKUiYDQLDVWODþWH
]DSRWRP> ]DOHER> ]
>
ýDVSUHKUiYDQLD
3DXVH
2
1DRYOiGDQLHSUHKUiYDQLDSRXåLWHQDVOHGXM~FHWODþLGOi
6WODþWH
ÒNRQ
[
9\KĐDGiYDQLHY]DG
]
[
[
3UHKUiYDQLHÒSUDY\
]
]
3UHUXãHQLHDSRNUDþRYDQLH
SUHKUiYDQLD
9\KĐDGiYDQLHYSUHG
3UHKUiYDQLH
=DFK\WHQLHVQtPN\SRþDVSUHKUiYDQLD
1
2
6WODþWH>
6WODþWH>
3ULGDQLHKODVRYHMSR]QiPN\NVQtPNH
1
]YPLHVWHNGHFKFHWHXORåLĢVQtPNX
]
=DFK\WHQiVQtPNDEXGHPDĢWRLVWpUR]OtãHQLHDNRS{YRGQêV~ERUVYL
GHRPDEXGHXORåHQiDNRQRYêV~ERU
9UHåLPHSUHKUiYDQLDY\EHUWHVQtPNXDSRWRPVWODþWH
>
]
‡ 9\EHUWH)LOH2SWLRQV0RåQRVWLV~ERUX ĺVoice memo
+ODVRYiSR]QiPNDĺOn=DSQXWp
2
6WODþHQtP>6S~ãĢ]QDKUDMWHNUiWNXSR]QiPNX
PD[GRVHN~QG
‡ ĆDOãtPVWODþHQtP>6S~ãĢ]]i]QDPKODVRYHMSR]QiPN\
]DVWDYtWH
3UHKUiYDQLHKODVRYêFKSR]QiPRN
KFKUiQHQêPV~ERURPQHP{åHWHSULGiYDĢKODVRY~SR]QiPNX
3UHKUDQLHKODVRYHMSR]QiPN\
1
9UHåLPHSUHKUiYDQLDY\EHUWHKODVRY~SR]QiPNXD
SRWRPVWODþWH>
]
2
1DRYOiGDQLHSUHKUiYDQLDSRXåLWHQDVOHGXM~FHWODþLGOi
6WODþWH
ÒNRQ
[
9\KĐDGiYDQLHY]DG
]
[
]
3UHUXãHQLHDSRNUDþRYDQLH
SUHKUiYDQLD
[
]
9\KĐDGiYDQLHYSUHG
[
]
=DVWDYHQLHSUHKUiYDQLD
3UHKUDQLHKODVRYHMSR]QiPN\SULGDQHMNVQtPNH
9UHåLPHSUHKUiYDQLD]YRĐWHVQtPNXVKODVRYRX
SR]QiPNRXDSRWRPVWODþWH>
]
‡ 6WODþHQtP>
SRNUDþXMHWH
3UHKUiYDQLHÒSUDY\
]SUHKUiYDQLHSUHUXãtWHDOHERYĖRP
ÒSUDYDVQtPN\
0{åHWHY\NRQiYDĢEHåQp~SUDY\VQtPRNDNRRWiþDQLH]PHQXYHĐNRVWLRGVWUiQHQLHþHUYHQêFKRþtQDVWDYHQLHMDVXNRQWUDVWXD
VêWRVWL
)RWRDSDUiWXORåtXSUDYHQpIRWRJUD¿HDNRQRYpV~ERU\
=PHQDYHĐNRVWLVQtPRN
2WRþHQLHVQtPN\
1
9UHåLPHSUHKUiYDQLDY\EHUWHVQtPNXDSRWRPVWODþWH
>
]
1
9UHåLPHSUHKUiYDQLDY\EHUWHVQtPNXDSRWRPVWODþWH
>
]
2
9\EHUWH(GLW8SUDYLĢĺ5HVL]H=PHQLĢYHĐNRVĢĺ
PRåQRVĢ
‡ 9êEHURP XORåtWHVQtPNXDNRREUi]RNSULVSXVWHQt
2
9\EHUWH(GLW8SUDYLĢĺ5RWDWH2WRþLĢĺPRåQRVĢ
VWU
Right 90°
1984 X 1488
%DFN
%DFN
0RYH
'RVWXSQRVĢPRåQRVWtVDOtãLSRGĐDYHĐNRVWL]YROHQHMVQtPN\
3UHKUiYDQLHÒSUDY\
0RYH
ÒSUDYDVQtPN\
3RXåtYDQLHLQWHOLJHQWQêFKHIHNWRY
3RXåLWtPU{]Q\FK¿OWUDþQêFKHIHNWRYQDVQtPN\Y\WYRUtWH
MHGLQHþQpREUD]\
0LQLDWXUH
8SUDYHQpVQtPN\VDXORåLDDNRQRYpV~ERU\DOHP{åHG{MVĢ
N]PHQHLFKYHĐNRVWLQDQLåãLHUR]OtãHQLH
%DFN
0RYH
'H¿QtFLDYODVWQpKR5*%WyQX
0LQLDWXUH0LQLDW~UD
9LJQHWWLQJ9LQHWiFLD
1
9UHåLPHSUHKUiYDQLDY\EHUWHVQtPNXDSRWRPVWODþWH
>
]
2
9\EHUWH(GLW8SUDYLĢĺ6PDUW)LOWHU,QWHOLJHQWQê
¿OWHUĺ&XVWRP5*%9ODVWQp5*%
3
9\EHUWHIDUEX5þHUYHQi*]HOHQi%PRGUi
)LVKH\H5\ELHRNR
1
9UHåLPHSUHKUiYDQLDY\EHUWHVQtPNXDSRWRPVWODþWH
>
]
2
9\EHUWH(GLW8SUDYLĢĺ6PDUW)LOWHU,QWHOLJHQWQê
¿OWHUĺPRåQRVĢ
3
9RĐERX&XVWRP5*%9ODVWQp5*%GH¿QXMWHYODVWQê
5*%WyQ
%DFN
4
0RYH
8UþWHPQRåVWYR]YROHQHMIDUE\
PHQHMDOHERYLDF
3UHKUiYDQLHÒSUDY\
ÒSUDYDVQtPN\
3
2SUDYDQHVSUiYQHMH[SR]tFLH
1DVWDYWH$&%$XWRPDWLFNpY\YiåHQLHNRQWUDVWXMDV
NRQWUDVWDVêWRVĢRGVWUiĖWHþHUYHQpRþLDOHERFK\E\SOHWL
DOHERSULGDMWHãXPGRREUD]X
1DVWDYHQLH$&%$XWRPDWLFNpY\YiåHQLHNRQWUDVWX
=YRĐWH~URYHĖ
‡ 6R]Y\ãXM~FLPVDþtVORPVDWYiUþLVWt
1DVWDYHQLHEULJKWQHVVMDVFRQWUDVWNRQWUDVW
VDWXUDWLRQVêWRVĢ
1
9UHåLPHSUHKUiYDQLDY\EHUWHVQtPNXDSRWRPVWODþWH
>
]
1
9UHåLPHSUHKUiYDQLDY\EHUWHVQtPNXDSRWRPVWODþWH
>
]
2
9\EHUWH(GLW8SUDYLĢĺ,PDJH$GMXVW1DVWDYHQLH
REUD]XĺACB
2
9\EHUWH(GLW8SUDYLĢĺ,PDJH$GMXVW1DVWDYHQLH
REUD]X
3
=YRĐWHPRåQRVĢQDVWDYHQLD
2GVWUiQHQLHþHUYHQêFKRþt
1
9UHåLPHSUHKUiYDQLDY\EHUWHVQtPNXDSRWRPVWODþWH
>
]
2
9\EHUWH(GLW8SUDYLĢĺ,PDJH$GMXVW1DVWDYHQLH
REUD]Xĺ5HGH\H)L[5HGXNFLDþHUYHQêFKRþt
4
‡
‡
‡
%ULJKWQHVV-DV
&RQWUDVWKRQUDVW
6DWXUDWLRQ6êWRVĢ
=YROHQtPKRGQRW\QDVWDYWH]YROHQ~SRORåNX
PHQHMDOHERYLDF
2GVWUiQHQLHQHGRVWDWNRYSOHWL
3ULGDQLHãXPXGRIRWRJUD¿H
1
9UHåLPHSUHKUiYDQLDY\EHUWHVQtPNXDSRWRPVWODþWH
>
]
1
9UHåLPHSUHKUiYDQLDY\EHUWHVQtPNXDSRWRPVWODþWH
>
]
2
9\EHUWH(GLW8SUDYLĢĺ,PDJH$GMXVW1DVWDYHQLH
REUD]Xĺ)DFH5HWRXFK5HWXãWYDUH
2
9\EHUWH(GLW8SUDYLĢĺ,PDJH$GMXVW1DVWDYHQLH
REUD]Xĺ$GG1RLVH3ULGDĢãXP
3UHKUiYDQLHÒSUDY\
ÒSUDYDVQtPN\
9\WYRUHQLHSRUDGLDWODþH'32)
8UþWHVQtPN\NWRUpPDM~E\ĢY\WODþHQpDSULGDMWHLQIRUPiFLX
RSRþWHYêWODþNRYDYHĐNRVWLSDSLHUD
4
5
‡ 3DPlĢRY~NDUWXSRWRPP{åHWHRGRY]GDĢYREFKRGH
SRVN\WXM~FRPVOXåE\WODþHNWRUpSRGSRUXMH'32))RUPiW
SRUDGLDGLJLWiOQHMWODþHDOHERVLP{åHWHVQtPN\Y\WODþLĢGRPDQD
WODþLDUQLNRPSDWLELOQHMV'32)
‡ âLURNRXKOpVQtPN\P{åXE\ĢY\WODþHQpVRUH]DQêPLRNUDMPLSR
VWUDQiFKVNRQWUROXMWHVLSUHWRUR]PHU\VQtPRN
‡ '32)QHP{åHWHQDVWDYLĢSUHVQtPN\XORåHQpYLQWHUQHMSDPlWLIRWRDSDUiWX
1
2
9UHåLPHSUHKUiYDQLDVWODþWH>
]
9\EHUWH)LOH2SWLRQV0RåQRVWLV~ERUXĺDPOFĺ
6WDQGDUGâWDQGDUGQpĺPRåQRVĢ
0RåQRVĢ
6HOHFW
9\EUDĢ
3RSLV
9\EHUWH)LOH2SWLRQV0RåQRVWLV~ERUXĺDPOFĺ
6L]H9HĐNRVĢ ĺPRåQRVĢ
0RåQRVĢ
3RSLV
6HOHFW
9\EUDĢ
8UþHQLHYHĐNRVWLYêWODþNXSUH]YROHQ~VQtPNX
$OO9ãHWNR
8UþHQLHYHĐNRVWLYêWODþNXSUHYãHWN\VQtPN\
5HVHW
9\QXORYDĢ
9\QXORYDQLHQDSUHGYROHQpQDVWDYHQLD
$N]YROtWH6HOHFW9\EUDĢSUHVXĖWHVDQDVQtPNX
DVWODþHQtP>7UDQVIRNiWRU]KRUHDOHERGROHY\EHUWH
YHĐNRVĢWODþH2SDNXMWHSUHćDOãLHSRåDGRYDQpVQtPN\
DSRWRPVWODþWH> ]
$N]YROtWH6HOHFW9\EUDĢSUHVXĖWHVDQDVQtPNX
DVWODþHQtP>7UDQVIRNiWRU]KRUHDOHERGROHY\EHUWH
SRþHWNySLt2SDNXMWHSUHćDOãLHSRåDGRYDQpVQtPN\D
SRWRPVWODþWH> ]
]DOHER>
]
]
7ODþVQtPRNYRIRUPHPLQLDW~U
5HVHW
9\QXORYDQLHQDSUHGYROHQpQDVWDYHQLD
9\QXORYDĢ
‡ $N]YROtWH$OO9ãHWNRVWODþHQtP>
Y\EHUWHSRþHWNySLtDSRWRPVWODþWH>
]
‡ $N]YROtWH$OO9ãHWNRVWODþHQtP>
]DOHER>
Y\EHUWHYHĐNRVĢWODþHDSRWRPVWODþWH>
]
7ODþ]YROHQêFKVQtPRN
$OO9ãHWNR 7ODþYãHWNêFKVQtPRN
3
6
6WODþWH>
1
2
9UHåLPHSUHKUiYDQLDVWODþWH>
]
9\EHUWH)LOH2SWLRQV0RåQRVWLV~ERUXĺDPOFĺ
,QGH[5HJLVWHUĺ<HVÈQR
]
3UHKUiYDQLHÒSUDY\
$NXUþtWHYHĐNRVĢYêWODþNXVQtPN\P{åHWHWODþLĢLEDQDWODþLDUĖDFKNRP
SDWLELOQêFKV'32)
=REUD]HQLHV~ERURYQD79
6QtPN\DOHERYLGHiSUHKUiYDMWHSRSULSRMHQtIRWRDSDUiWXN79NiEORP$9
1
2
9UHåLPHVQtPDQLDDOHERSUHKUiYDQLDVWODþWH>
]
9\EHUWH6HWWLQJV1DVWDYHQLDĺ9LGHR2XW
9LGHRYêVWXS
3
=YRĐWHYêVWXSYLGHRVLJQiOXSRGĐDNUDMLQ\DOHERREODVWL
NGHVDQDFKiG]DWH
4
5
9\SQLWHIRWRDSDUiWD79
8
1D]REUD]HQLHVQtPRNDOHERSUHKUiYDQLHYLGHDSRXåLWH
WODþLGOiIRWRDSDUiWX
)RWRDSDUiWSULSRMWHN79NiEORP$9
9LGHR
$XGLR
6
=DSQLWH79DSRWRPSRPRFRXGLDĐNRYpKRRYOiGDþD79
]YRĐWHUHåLPYêVWXSXYLGHD
7
=DSQLWHIRWRDSDUiWDSRWRPVWODþWH>
]
3UHKUiYDQLHÒSUDY\
‡ 1DQLHNWRUêFK79VDP{åH]REUD]LĢLEDþDVĢREUD]XDOHER
GLJLWiOQ\ãXP
‡ 3RGĐDQDVWDYHQLD79QHPXVtE\ĢREUD]QDREUD]RYNH
FHQWURYDQê
‡ 3RþDVSULSRMHQLDIRWRDSDUiWXN79P{åHWH]DFK\WiYDĢVQtPN\
DYLGHi
3UHQRVV~ERURYGRSRþtWDþD:LQGRZV
6~ERU\SUHQHVLHWHSRSULSRMHQtIRWRDSDUiWXNYiãPXSRþtWDþX:LQGRZV
3RåLDGDYN\SUHDSOLNiFLX,QWHOOLVWXGLR
3RORåND
‡ $SOLNiFLD,QWHOOLVWXGLRQHPXVtQDQLHNWRUêFKSRþtWDþRFKIXQJRYDĢ
VSUiYQHKRFLSRþtWDþVSĎĖDSRåLDGDYN\
‡ $NSRþtWDþQHVSĎĖDSRåLDGDYN\YLGHiVDQHPXVLDSUHKUiYDĢ
VSUiYQHSUtSDGQHLFK~SUDYDP{åHWUYDĢGOKãLH
‡ 3UHGSRXåLWtPDSOLNiFLHQDLQãWDOXMWHSURJUDP'LUHFW;FDOHER
QRYãt
‡ $E\VWHIRWRDSDUiWPRKOLSULSRMLĢDNRY\PHQLWHĐQêGLVNYiã
SRþtWDþPXVtPDĢV\VWpP:LQGRZV;39LVWDDOHER0DF26
UHVSQRYãt
3RåLDGDYN\
2SHUDþQi
SDPlĢ
,QWHO3HQWLXP*+]DOHEROHSãt
$0'$WKORQŒ);*+]DOHEROHSãt
0LQLPXP0%5$0
RGSRU~þDVD*%DYLDF
2SHUDþQê
V\VWpP
:LQGRZV;3639LVWD
.DSDFLWD
SHYQpKR
GLVNX
0%DOHERYLDFRGSRU~þDVD*%DOHERYLDF
2VWDWQp
‡ 0HFKDQLND&'520
‡ *UD¿NDQ9,',$*HIRUFH*7DOHEROHSãLDUDG
$7,;DOHEROHSãLD
‡ [SL[HORYELWRYêIDUHEQê
NRPSDWLELOQêPRQLWRU[SL[HORY
RGSRU~þDQpELWRYpIDUHEQp]REUD]HQLH
‡ 3RUW86%0LFURVRIW'LUHFW;FDOHERQRYãt
3URFHVRU
3URJUDP\QHPXVLDVSUiYQHIXQJRYDĢSULELWRYRPY\GDQt
RSHUDþQêFKV\VWpPRY:LQGRZV;39LVWDD
3UHKUiYDQLHÒSUDY\
3RXåLWLHGRPDSRVWDYHQpKRSRþtWDþDDOHERSRþtWDþDVQHSRGSRURYD
QêPRSHUDþQêPV\VWpPRPP{åHVS{VRELĢVWUDWX]iUXN\
3UHQRVV~ERURYGRSRþtWDþD:LQGRZV
,QãWDOiFLDSURJUDPX,QWHOOLVWXGLR
1
,QãWDODþQêGLVN&'YORåWHGRNRPSDWLELOQHMPHFKDQLN\
&'520
2
3R]REUD]HQtLQãWDODþQpKRRNQDNOLNQLWHQD6DPVXQJ
'LJLWDO&DPHUD,QVWDOOHUDVSXVWLWHLQãWDOiFLX
3
9\EHUWHSURJUDP\SUHLQãWDOiFLXDSRWRPSRVWXSXMWH
SRGĐDLQãWUXNFLtQDREUD]RYNH
4
KOLNQXWtPQD([LWGRNRQþLWHLQãWDOiFLXDSRWRP
UHãWDUWXMWHSRþtWDþ
3UHKUiYDQLHÒSUDY\
3UHQRVV~ERURYGRSRþtWDþD:LQGRZV
3UHQRVV~ERURYSRPRFRXDSOLNiFLH,QWHOOL
VWXGLR
3
=DSQLWHIRWRDSDUiW
‡ 3RþtWDþUR]SR]QiIRWRDSDUiWDXWRPDWLFN\
3RPRFRXDSOLNiFLH,QWHOOLVWXGLRP{åHWHMHGQRGXFKRSUHQiãDĢ
V~ERU\YRIRWRDSDUiWHGRSRþtWDþD
3ULSULSRMHQtNiEORP86%NSRþtWDþXVDEDWpULDIRWRDSDUiWXQDEtMD
1
$NVDSULSRMHQLHQHSRGDUt]REUD]tVDYDURYQpRNQR9\EHUWH
&RPSXWHU3RþtWDþ
4
)RWRDSDUiWSULSRMWHNSRþtWDþXNiEORP86%
=YRĐWHYSRþtWDþLSULHþLQRNSUHXORåHQLHQRYêFK
V~ERURY
‡ $NIRWRDSDUiWQHREVDKXMHQRYpV~ERU\DXWRPDWLFN\
RWYiUDQpRNQRSUHXORåHQLHQRYêFKV~ERURYVDQH]REUD]t
5
=YRĐWH<HVÈQR
‡ 1RYpV~ERU\VDSUHQHV~GRSRþtWDþD
KiEHOMHQXWQpSULSRMLĢ]iVWUþNRXVNRQWURONRXŸGRIRWRDSDUiWX
$NNiEHORWRþtWHP{åHG{MVĢNSRãNRGHQLXV~ERURY9êUREFDQH
]RGSRYHGi]DåLDGQHãNRG\VSRMHQpVRVWUDWRXGiW
2
6SXVWLWHSURJUDP,QWHOOLVWXGLR
3UHKUiYDQLHÒSUDY\
3UHQRVV~ERURYGRSRþtWDþD:LQGRZV
3RXåLWLHSURJUDPX,QWHOOLVWXGLR
3URJUDP,QWHOOLVWXGLRYiPXPRåĖXMHSUHKUiYDQLHD~SUDYXV~ERURY6~ERU\P{åHWHWDNWLHåQDKUiYDĢQDLQWHUQHWRYpVWUiQN\DNR
)OLFNHUDOHER<RX7XEH3RGUREQRVWL]tVNDWH]YROHQtP+HOSĺ+HOSYSURJUDPH
‡ 6~ERU\QLHMHPRåQpXSUDYRYDĢSULDPRYRIRWRDSDUiWH3UHG~SUDYRXSUHVXĖWHV~ERU\GRSULHþLQNDYSRþtWDþL
‡ 6~ERU\YSRþtWDþLQLHMHPRåQpNRStURYDĢGRIRWRDSDUiWX
‡ $SOLNiFLD,QWHOOLVWXGLRSRGSRUXMHQDVOHGXM~FHIRUPiW\
9LGHi039LGHR+=YXN$$&:09:09$9,0-3(*
6QtPN\-3**,)%0331*7,))
3UHKUiYDQLHÒSUDY\
3UHQRVV~ERURYGRSRþtWDþD:LQGRZV
2WYRUHQLHSRQXN\
3UHQRVV~ERURYSULSRMHQtPIRWRDSDUiWXDNR
Y\PHQLWHĐQpKRGLVNX
=REUD]HQLHV~ERURYYR]YROHQRPSULHþLQNX
)RWRDSDUiWP{åHWHNSRþtWDþXSULSRMLĢDNRY\PHQLWHĐQêGLVN
3UHSQXWLHGRUHåLPXÒSUDY\VQtPRN3KRWRHGLW
3UHSQXWLHGRUHåLPXÒSUDY\YLGHt9LGHRHGLW
1
3UHSQXWLHGRUHåLPX=GLHĐDQLH6KDULQJ6~ERU\
P{åHWHSRVLHODĢHPDLORPDOHERLFKQDKUiYDĢQD
ZHERYpVWUiQN\DNR)OLFNUDOHER<RX7XEH
=YlþãHQLHDOHER]PHQãHQLHPLQLDW~UY]R]QDPH
9RĐEDW\SXV~ERUX
=REUD]HQLHV~ERURY]R]YROHQpKRSULHþLQNDYSRþtWDþL
,NRQD
3RSLV
)RWRDSDUiWSULSRMWHNSRþtWDþXNiEORP86%
KiEHOMHQXWQpSULSRMLĢ]iVWUþNRXVNRQWURONRXŸGR
IRWRDSDUiWX$NNiEHORWRþtWHP{åHG{MVĢNSRãNRGHQLXV~ERURY
9êUREFD
QH]RGSRYHGi]DåLDGQXVWUDWX~GDMRY
=REUD]HQLHDOHERVNU\WLHV~ERURYYSULSRMHQRP
IRWRDSDUiWH
=REUD]HQLHV~ERURY]R]YROHQpKRSULHþLQNDYR
IRWRDSDUiWH
3UH]HUDQLHV~ERURYDNRPLQLDW~UDOHERQDPDSH
3UHKĐDGiYDQLHSULHþLQNRYYSULSRMHQRP]DULDGHQt
3UHKĐDGiYDQLHSULHþLQNRYYSRþtWDþL
3UHFKRGQDSUHGFKiG]DM~FLDOHERQDVOHGXM~FLDGUHViU
7ODþV~ERURY]REUD]HQLHV~ERURYQDPDSHXORåHQLH
V~ERURYYSULHþLQNX0RMHGRNXPHQW\DOHERUHJLVWUiFLD
WYiUt
3UHKUiYDQLHÒSUDY\
3UHQRVV~ERURYGRSRþtWDþD:LQGRZV
2
2GSRMHQLHIRWRDSDUiWXSUH:LQGRZV;3
=DSQLWHIRWRDSDUiW
‡ 3RþtWDþUR]SR]QiIRWRDSDUiWDXWRPDWLFN\
$NVDSULSRMHQLHQHSRGDUt]REUD]tVDYDURYQpRNQR9\EHUWH
&RPSXWHU3RþtWDþ
3
9RYDãRPSRþtWDþLY\EHUWH7HQWRSRþtWDþĺ
9\PHQLWHĐQêGLVNĺDCIMĺ3+272
4
=YRĐWHSRåDGRYDQpV~ERU\DSUHWLDKQLWHLFKDOHERLFK
XORåWHGRSRþtWDþD
3RVWXSRGSRMHQLDNiEOD86%SUH:LQGRZV9LVWDMH
SRGREQê
1
$NQDIRWRDSDUiWHEOLNiVWDYRYiNRQWURONDY\þNDMWH
SRNêPQHSUHVWDQH
2
KOLNQLWHQDLNRQX YSDQHOL~ORKYSUDYRPGROQRP
URKXREUD]RYN\SRþtWDþD
3
4
KOLNQLWHGR]REUD]HQHMVSUiY\
2GSRMWHNiEHO86%
$NDSOLNiFLD,QWHOOLVWXGLREHåtQHPXVtE\ĢRGSRMHQLHIRWRDSDUiWXEH]
SHþQp
3UHGRGSiMDQtPIRWRDSDUiWXDSOLNiFLXXNRQþLWH
3UHKUiYDQLHÒSUDY\
3UHQRVV~ERURYGRSRþtWDþD0DF
3RSULSRMHQtIRWRDSDUiWXNSRþtWDþX0DFLQWRVKEXGHIRWRDSDUiWUR]SR]QDQêDXWRPDWLFN\
6~ERU\P{åHWHSUHQiãDĢ]IRWRDSDUiWXSULDPRGRSRþtWDþDEH]LQãWDOiFLHSURJUDPRY
3RGSRUXMHVD0DF26DOHERQRYãt
1
)RWRDSDUiWSULSRMWHNSRþtWDþX0DFLQWRVKNiEORP86%
2
KiEHOMHQXWQpSULSRMLĢ]iVWUþNRXVNRQWURONRXŸGRIRWRDSDUiWX
$NNiEHORWRþtWHP{åHG{MVĢNSRãNRGHQLXV~ERURY9êUREFDQH
]RGSRYHGi]DåLDGQHãNRG\VSRMHQpVRVWUDWRXGiW
=DSQLWHIRWRDSDUiW
‡ 3RþtWDþDXWRPDWLFN\UR]SR]QiIRWRDSDUiWD]REUD]tLNRQX
Y\PHQLWHĐQpKRGLVNX
$NVDSULSRMHQLHQHSRGDUt]REUD]tVDYDURYQpRNQR9\EHUWH
&RPSXWHU3RþtWDþ
3
4
'YDNUiWNOLNQLWHQDLNRQXY\PHQLWHĐQpKRGLVNX
6QtPN\DOHERYLGHiSUHQHVWHGRSRþtWDþD
3UHKUiYDQLHÒSUDY\
7ODþVQtPRNSRPRFRXIRWRWODþLDUQH3LFW%ULGJH
7ODþVQtPRNIRWRWODþLDUĖRXNRPSDWLELOQRXV3LFW%ULGJHSULDP\PVSRMHQtPIRWRDSDUiWXVWODþLDUĖRX
1
2
3
4
9UHåLPHVQtPDQLDVWODþWH>
1DVWDYHQLHPRåQRVWtWODþH
]
9\EHUWH6HWWLQJV1DVWDYHQLDĺ86%
9\EHUWH3ULQWHU7ODþLDUHĖ
3UL]DSQXWHMWODþLDUQLSULSRMWHIRWRDSDUiWNWODþLDUQL
NiEORP86%
,PDJHV
2QH3KRWR
6L]H
$XWR
/D\RXW
$XWR
7\SH
$XWR
4XDOLW\
$XWR
([LW
0RåQRVĢ
3ULQW
3RSLV
,PDJHV2EUi]N\9\EHUWHWODþ]REUD]HQHMVQtPN\
DOHERYãHWNêFKVQtPRN
6L]H9HĐNRVĢ1DVWDYHQLHYHĐNRVWLIRWRJUD¿H
5
=DSQLWHIRWRDSDUiW
6
6WODþHQtP> ]DOHER>
7
/D\RXW9]KĐDG9\WYRUHQLHYêWODþNRYPLQLDW~U
7\SH7\S9RĐEDW\SXSDSLHUD
‡ 7ODþLDUHĖUR]SR]QiIRWRDSDUiWDXWRPDWLFN\
4XDOLW\KYDOLWD1DVWDYHQLHNYDOLW\WODþH
]Y\EHUWHVQtPNX
'DWH'iWXP1DVWDYHQLHWODþHGiWXPX
‡ 6WODþHQtP>
]QDVWDYWHPRåQRVWLWODþH
3R]ULÄ1DVWDYHQLHPRåQRVWtWODþH³
6WODþHQtP>
)LOH1DPH1i]RYV~ERUX1DVWDYHQLHWODþHQi]YX
V~ERUX
]Y\WODþWH
‡ 7ODþ]DþQH6WODþHQtP>
5HVHW9\QXORYDĢ9\QXORYDQLHQDVWDYHQtWODþH
]WODþ]UXãWH
1LHNWRUpPRåQRVWLVDQHSRGSRUXM~YRYãHWNêFKWODþLDUĖDFK
3UHKUiYDQLHÒSUDY\
1DVWDYHQLD
3R]ULWHVLPRåQRVWLNRQ¿JXUiFLHQDVWDYHQtIRWRDSDUiWX
3RQXNDQDVWDYHQtIRWRDSDUiWX …………… 74
3UtVWXSGRSRQXN\QDVWDYHQt ………………
=YXN …………………………………………
'LVSOHM ………………………………………
1DVWDYHQLD ……………………………………
74
75
75
76
3RQXNDQDVWDYHQtIRWRDSDUiWX
7XVDGR]YLHWHYLDFRPRåQRVWLDFKNRQ¿JXUiFLHQDVWDYHQtIRWRDSDUiWX
3
3UtVWXSGRSRQXN\QDVWDYHQt
1
2
9UHåLPHVQtPDQLDDOHERSUHKUiYDQLDVWODþWH>
9ROXPH
6WDUW6RXQG
6KXWWHU6RXQG
%HHS6RXQG
$)6RXQG
]
=YRĐWHSRQXNX
0RGH
6KRRWLQJ
6RXQG
'LVSOD\
9ROXPH
6WDUW6RXQG
6KXWWHU6RXQG
%HHS6RXQG
$)6RXQG
%DFN
4
6HWWLQJV
([LW
3RQXND
=YRĐWHSRQXNXDQDVWDYHQLDXORåWH
&KDQJH
3RSLV
6RXQG=YXN1DVWDYHQLHU{]Q\FK]YXNRY
IRWRDSDUiWXDLFKKODVLWRVWLVWU
'LVSOD\=REUD]HQLH3ULVS{VREWHQDVWDYHQLD
]REUD]HQLDDNRQDSUtNODG~YRGQêREUi]RNDMDV
VWU
6HWWLQJV1DVWDYHQLD=PHQDQDVWDYHQtSUH
V\VWpPIRWRDSDUiWXDNRIRUPiWSDPlWHSUHGYROHQê
Qi]RYV~ERUXDUHåLP86%VWU
1DVWDYHQLD
6WODþHQtP>
REUD]RYNX
2II
/RZ
0HGLXP
+LJK
6HW
]VDYUiWLWHQDSUHGFKiG]DM~FX
3RQXNDQDVWDYHQtIRWRDSDUiWX
=YXN
'LVSOHM
3UHGYROHQp
3RORåND
9ROXPH
+ODVLWRVĢ
3RSLV
1DVWDYHQLHKODVLWRVWLYãHWNêFK]YXNRY
Off9\SQXWi/RZ1t]ND0HGLXP
6WUHGQi+LJK9\VRNi
6WDUW6RXQG
=YXNSUL
VSXVWHQt
9\EHUWH]YXNNWRUêIRWRDSDUiWY\GiNHćKR
]DSQHWHOff9\SQXWp123
6KXWWHU6RXQG
=YXNVS~ãWH
9\EHUWH]YXNNWRUêIRWRDSDUiWY\GiNHćVWODþtWH
WODþLGORVS~ãWHOff9\SQXWp123
%HHS6RXQG
3tSQXWLH
9\EHUWH]YXNNWRUêIRWRDSDUiWY\GiNHćVWODþtWH
WODþLGOiDOHERSUHSQHWHUHåLP\Off9\SQXWp
123
3UHGYROHQp
3RORåND
)XQFWLRQ
'HVFULSWLRQ
3RSLV
IXQNFLH
3RSLV
=REUD]tVWUXþQêSRSLVYRĐE\DOHERSRQXN\
Off 9\SQXWpOn =DSQXWp
1DVWDYHQLH~YRGQpKRREUi]NDNWRUêVDREMDYtSUL
]DSQXWtIRWRDSDUiWX
Off 9\SQXWpäLDGQ\~YRGQêREUi]RN
‡ /RJR=REUD]tVDSUHGYROHQiVQtPNDXORåHQi
YRYQ~WRUQHMSDPlWL
6WDUW,PDJH ‡ 8VHU,PDJH3RGĐDSRXåtYDWHĐD=REUD]tVD
ÒYRGQê
YDPLXUþHQêREUi]RNVWU
REUi]RN
9\EHUWH]YXNNWRUêIRWRDSDUiWY\GiNHć
$)6RXQG=YXN
GRSRORYLFHVWODþtWHWODþLGORVS~ãWHOff
$)
9\SQXWpOn=DSQXWp
'LVSOD\
%ULJKWQHVV
-DVGLVSOHMD
4XLFN9LHZ
8NiåND
1DVWDYHQLD
‡ 'RSDPlWHVDXORåtOHQMHGHQREUi]RNSRGĐD
SRXåtYDWHĐD
‡ $NDNRREUi]RNSRGĐDSRXåtYDWHĐDY\EHULHWH
QRY~IRWRJUD¿XSUtSDGQHY\QXOXMHWHVYRM
IRWRDSDUiWDNWXiOQ\REUi]RNVDRGVWUiQL
1DVWDYHQLHMDVXGLVSOHMD
$XWR$XWRPDWLFN\'DUN7PDYê1RUPDO
1RUPiOQ\%ULJKW-DVQê
1RUPDO1RUPiOQ\MHSHYQHQDVWDYHQê
YUHåLPHSUHKUiYDQLDDMNHćVWHY\EUDOL
PRåQRVĢ$XWR$XWRPDWLFN\
1DVWDYHQLHGĎåN\]REUD]HQLDSUiYHY\WYRUHQHM
VQtPN\SUHGQiYUDWRPGRUHåLPXVQtPDQLD
Off 9\SQXWpVHFVVHFV3
VHFV
3RQXNDQDVWDYHQtIRWRDSDUiWX
3UHGYROHQp
3RORåND
3RSLV
3UHGYROHQp
$NGRVHN~QGQHY\NRQiWHåLDGQXRSHUiFLX
IRWRDSDUiWVDDXWRPDWLFN\SUHSQHGR~VSRUQpKR
UHåLPXUHåLP]UXãtWHVWODþHQtPNWRUpKRNRĐYHN
3RZHU6DYH
WODþLGODOff 9\SQXWpOn =DSQXWp
ÒVSRUQê
UHåLP
1DVWDYHQLD
3RORåND
$NMHPRåQRVĢSUHFKRGXGR~VSRUQpKRUHåLPXGHDN
WLYRYDQiDGRVHN~QGQHY\NRQiWHåLDGQXRSHUi
FLXGLVSOHMVWPDYQHDE\ãHWULOEDWpULX
)RUPDW
)RUPiWRYDQLH
3RSLV
)RUPiWRYDQLHSDPlĢRYHMNDUW\)RUPiWRYDQLH
RGVWUiQLYãHWN\V~ERU\YUiWDQHFKUiQHQêFK
V~ERURY<HVÈQRNo 1LH
$NSRXåtYDWHSDPlĢRYpNDUW\U{]Q\FKYêUREFRY
DOHERLFKþtWDþN\SUtSDGQHNDUW\IRUPiWRYDQpYSR
þtWDþLIRWRDSDUiWLFKQHPXVtVSUiYQHQDþtWDĢ3UHG
SRXåLWtPWDN~NDUWXQDIRUPiWXMWH
5HVHW
9\QXORYDĢ
9\QXORYDQLHSRQ~NDPRåQRVWtVQtPDQLD
'iWXPDþDVMD]\NDQDVWDYHQLDREUD]RYpKR
YêVWXSXVDQHY\QXOXM~
<HVÈQRNo 1LH
/DQJXDJH
-D]\N
9RĐEDMD]\NDWH[WXGLVSOHMD
Time Zone
9RĐEDREODVWLDSUHFKRGXQDOHWQêþDV'67
ýDVRYpSiVPR
'DWH7LPH6HW
1DVWDYHQLH
GiWXPXþDVX
1DVWDYHQLHGiWXPXDþDVX
'DWH7\SH7\S
GiWXPX
9\EHUWHIRUPiWGiWXPX
Off 9\SQXWpGGPP\\\\GGPPUUUUmm/
GG\\\\PPGGUUUU\\\\PPGGUUUUPP
GG
1DVWDYHQLD
3RQXNDQDVWDYHQtIRWRDSDUiWX
3UHGYROHQp
3RORåND
3RSLV
8UþHQLHVS{VREXSRPHQRYiYDQLDV~ERURY
‡ 5HVHW9\QXORYDĢýtVORYDQLHV~ERURY
QDVWDYWHWDNDE\]DþtQDORRGSR
YORåHQtQRYHMNDUW\MHMVIRUPiWRYDQtDOHER
]PD]DQtYãHWNêFKV~ERURY
‡ 6HULHV6pULHýtVORYDQLHV~ERURYQDVWDYWH
WDNDE\SRNUDþRYDORSULHEHåQHDMSRYORåHQt
QRYHMNDUW\MHMVIRUPiWRYDQtDOHER]PD]DQt
YãHWNêFKV~ERURY
)LOH1RýtVOR
V~ERUX
3UHGYROHQp
3RORåND
‡ 3UHGYROHQêQi]RYSUYpKRSULHþLQNDMH
3+272DSUHGYROHQêQi]RYSUYpKR
V~ERUXMH6$0B
‡ ýtVODV~ERURYUDVW~SRMHGQRPRG
6$0BGR6$0B
‡ ýtVODSULHþLQNRYUDVW~SRMHGQRPRG
3+272GR3+272
‡ 0D[LPiOQ\SRþHWV~ERURYYSULHþLQNX
MH
‡ )RWRDSDUiWGH¿QXMHQi]Y\V~ERURYSRGĐD
QRUP\'&)'LJLWiOQHSUDYLGORSUHV~ERU\
IRWRDSDUiWX$NQi]Y\V~ERURY]PHQtWH
IRWRDSDUiWLFKQHP{åHSUHKUDĢ
3RSLV
‡ 9\EHUWHþLVDEXGHSULWODþLWODþLĢDMGiWXPD
þDVY\WYRUHQLDVQtPN\Off 9\SQXWp'DWH
'iWXP'DWH& Time 'iWXPDþDV
,PSULQW9ORåLĢ
SHþLDWNX
$XWR3RZHU2II
$XWRPDWLFNp
Y\SQXWLH
$)/DPS
KRQWUROND$)
9LGHR2XW
9LGHRYêVWXS
1DVWDYHQLD
‡ 'iWXPDþDVVD]REUD]LDYSUDYRP
GROQRPURKXVQtPN\
‡ 1LHNWRUpPRGHO\WODþLDUQHQHPXVLD
Y\WODþLĢGiWXPDþDV
‡ 1DVWDYWHþLVDQHSRXåtYDQêIRWRDSDUiW
DXWRPDWLFN\Y\SQHOff 9\SQXWp1 min PLQ3 min PLQ5min PLQ10 min
PLQ
‡ 3ULYêPHQHEDWpULHVDQDVWDYHQLDQH]PHQLD
‡ )RWRDSDUiWVDDXWRPDWLFN\QHY\SQHY
WêFKWRSUtSDGRFK
SULSULSRMHQtNSRþtWDþXDOHERNWODþLDUQL
SULSUHKUiYDQtSUH]HQWiFLHDOHERYLGHD
SULQDKUiYDQtKODVRYHMSR]QiPN\
‡ =DSQXWLHSRPRFQpKRVYHWODSUHRVWUHQLHY
WPHOff 9\SQXWpOn =DSQXWp
1DVWDYHQLHYêVWXSXYLGHRVLJQiOXSRGĐDNUDMLQ\
DOHERREODVWLNGHVWH
‡ 176&86$KDQDGD-DSRQVNRKyUHD
7DLZDQ0H[LNR
‡ PAL SRGSRUDLED%'*+,$XVWUiOLD
5DN~VNR%HOJLFNRýtQD'iQVNR)tQVNR
1HPHFNR$QJOLFNR7DOLDQVNRKXYDMW
0DODM]LD1RYê=pODQG6LQJDSXUâSDQLHOVNR
âYpGVNRâYDMþLDUVNR7KDMVNR1yUVNR
3RQXNDQDVWDYHQtIRWRDSDUiWX
3UHGYROHQp
3RORåND
3RSLV
86%
9êEHUIXQNFLHNWRU~FKFHWHSRXåLĢNHć
IRWRDSDUiWSULSRMtWHNSRþtWDþXDOHERWODþLDUQL
SRPRFRXNiEOD86%
‡ $XWR$XWRPDWLFN\*)RWRDSDUiWYROtUHåLP
86%DXWRPDWLFN\
‡ &RPSXWHU3RþtWDþ3ULSRMHQLHIRWRDSDUiWXN
SRþtWDþXSUHSUHQRVV~ERURY
‡ 3ULQWHU7ODþLDUHĖ3ULSRMHQLHIRWRDSDUiWXN
WODþLDUQLSUHWODþV~ERURY
1DVWDYHQLD
3UtORK\
7XQiMGHWHFK\ERYpVSUiY\WHFKQLFNp~GDMHDWLS\SUH
~GUåEX
&K\ERYpKOiVHQLD ………………………… 80
ÒGUåEDIRWRDSDUiWX ………………………… 81
ýLVWHQLHIRWRDSDUiWX …………………………
3RXåtYDQLHDXVNODGQHQLHIRWRDSDUiWX ………
2SDPlĢRYêFKNDUWiFK ………………………
2EDWpULL ………………………………………
81
82
84
86
6N{UQHåVDREUiWLWHQDVHUYLV …………… 90
7HFKQLFNp~GDMHIRWRDSDUiWX ……………… 93
6ORYQtþHN …………………………………… 96
5HJLVWHU …………………………………… 101
&K\ERYpKOiVHQLD
$NVDREMDYLDQDVOHGXM~FHKOiVHQLDSRVWXSXMWHSRGĐDWêFKWRRGSRU~þDQt
&K\ERYpKOiVHQLH 1DYUKQXWpULHãHQLD
‡ 9\SQLWHIRWRDSDUiWDRSlĢKR]DSQLWH
&DUG(UURU&K\ED
‡ 9\EHUWHSDPlĢRY~NDUWXD]QRYXMXYORåWH
NDUW\
‡ 6IRUPiWXMWHSDPlĢRY~NDUWXVWU
2GEORNXMWHSDPlĢRY~NDUWX
&DUG/RFNHG
KDUWD
]DEORNRYDQi
9ORåHQiSDPlĢRYiNDUWDQLHMHNRPSDWLELOQi
&DUGQRW
VXSSRUWHGKDUWD VWêPWRIRWRDSDUiWRP9ORåWHYKRGQ~
VDQHSRGSRUXMH
SDPlĢRY~NDUWX
'&))XOO(UURU
&K\ED]DSOQHQLD
'&)
)LOH(UURU&K\ED
V~ERUX
1i]Y\V~ERURYQH]RGSRYHGDM~QRUPH'&)
3UHQHVWHV~ERU\]SDPlĢRYHMNDUW\GR
SRþtWDþDDSRWRPNDUWXQDIRUPiWXMWHVWU
2GVWUiĖWHSRãNRGHQêV~ERUDOHERVDREUiĢWH
QDVHUYLV6DPVXQJ
/RZ%DWWHU\
6ODEiEDWpULD
9ORåWHQDELW~EDWpULXDOHERMXQDELWH
0HPRU\)XOO
3DPlĢMHSOQi
=PDåWHQHSRWUHEQpV~ERU\DOHERYORåWHQRY~
SDPlĢRY~NDUWX
9\WYRUWHVQtPN\DOHERYORåWHNDUWXVR
VQtPNDPL
1R,PDJH)LOH
äLDGQHVQtPN\
3UtORK\
ÒGUåEDIRWRDSDUiWX
ýLVWHQLHIRWRDSDUiWX
7HORIRWRDSDUiWX
-HPQHXWULWHPlNNRXVXFKRXKDQGULþNRX
2EMHNWtYDGLVSOHMIRWRDSDUiWX
3UDFKRGVWUiĖWHNHIRXDREMHNWtYSRWRPRSDWUQHXWULWHMHPQRX
KDQGULþNRX$NQHþLVWRW\SULĐQ~þLVWLDFLPUR]WRNRPQDRSWLNX
QDYOKþLWHN~VRNþLVWLDFHKRSDSLHUDQDRSWLNXDSRWRPMHPQH
XWULWH
‡ 1DþLVWHQLHQLNG\QHSRXåtYDMWHEHQ]tQULHGLGOiDQLDONRKRO7LHWR
OiWN\P{åXSRãNRGLĢIRWRDSDUiWDVS{VRELĢMHKRQHIXQNþQRVĢ
‡ 1HWODþWHQDNU\WREMHNWtYXDQHI~NDMWHGRĖ
3UtORK\
ÒGUåEDIRWRDSDUiWX
3RXåtYDQLHDXVNODGQHQLHIRWRDSDUiWX
3RXåtYDQLHQDSOiåLDOHERQDSREUHåt
1HVSUiYQHPLHVWDQDSRXåtYDQLHDOHERXVNODGQHQLH
IRWRDSDUiWX
‡ )RWRDSDUiWQHY\VWDYXMWHYHĐPLQt]N\PDOHERY\VRNêP
WHSORWiP
‡ )RWRDSDUiWQHSRXåtYDMWHQDPLHVWDFKVPLPRULDGQH
Y\VRNRXYOKNRVĢRXDDQLQDPLHVWDFKNGHVDYOKNRVĢ
GUDVWLFN\PHQt
‡ )RWRDSDUiWQHY\VWDYXMWHSULDPHPXVOQHþQpPXåLDUHQLX
DQHXVNODGĖXMWHQDKRU~FLFKVODERYHWUDQêFKPLHVWDFKDNR
MHQDSUtNODGYR]LGORSRþDVOHWD
‡ 2SWLNXD]REUD]RYDþFKUiĖWHSUHGSiGPLQiUD]PLKUXEêP
]DREFKiG]DQtPDVLOQêPLRWUDVPLDE\VWHWDN]DEUiQLOL
YiåQHPXSRãNRGHQLX
‡ )RWRDSDUiWQHXNODGDMWHQDSUDãQpYOKNp]QHþLVWHQp
DOHERQHGRVWDWRþQHYHWUDQpPLHVWDDE\VWHWDN]DEUiQLOL
SRãNRGHQLXSRK\EOLYêFKGLHORYDOHERYQ~WRUQêFKV~þDVWt
‡ )RWRDSDUiWQHSRXåtYDMWHYEOt]NRVWLSDOtYKRUĐDYtQ
DQLFKHPLNiOLt+RUĐDYpNYDSDOLQ\SO\Q\þLYêEXãQLQ\
QHXNODGDMWHDDQLQHSUHQiãDMWHYURYQDNRPSULHVWRUHNGH
VDQDFKiG]DIRWRDSDUiWDMHKRSUtVOXãHQVWYR
‡ )RWRDSDUiWQHXVNODGĖXMWHQDPLHVWDFKNGHVDQDFKiG]D
QDIWDOtQ
‡ 3ULSRXåLWtQDSOiåDFKDOHERQDLQêFKSUDãQêFKDYOKNêFK
PLHVWDFKFKUiĖWHSUtVWURMSUHGSLHVNRPDYOKNRVĢRX
‡ 9iãIRWRDSDUiWQLHMHYRGRWHVQê6EDWpULRXDGDSWpURP
DOHERSDPlĢRYRXNDUWRXQHPDQLSXOXMWHPRNUêPLUXNDPL
2YOiGDQLHIRWRDSDUiWXPRNUêPLUXNDPLP{åHVS{VRELĢMHKR
SRãNRGHQLH
8VNODGĖRYDQLHQDGOKãLHREGRELH
‡ $NFKFHWHIRWRDSDUiWXORåLĢQDGOKãLHREGRELHYORåWHKR
GRX]DWYRUHQHMQiGRE\VDEVRUSþQêPPDWHULiORPDNRMH
QDSUtNODGVLOLNDJpO
‡ $NSUtVWURMXNODGiWHQDGOKãtþDVY\EHUWH]QHKREDWpULH
%DWpULHSRQHFKDQpYRIRWRDSDUiWHP{åXSRþDVHY\WLHFĢ
DOHERVNRURGRYDĢDSRãNRGLĢIRWRDSDUiW
‡ 1HSRXåtYDQpEDWpULHVDVDPRYRĐQHY\EtMDM~DSRGOKãRP
þDVHVDPXVLDSUHGSRXåLWtPQDELĢ
%XćWHRSDWUQtSULSRXåLWtIRWRDSDUiWXYRYOKNRP
SURVWUHGt
KHćSUHQiãDWHIRWRDSDUiW]FKODGQpKRSURVWUHGLDGRWHSOpKRQD
REMHNWtYHDOHERYQ~WRUQêFKNRPSRQHQWRFKIRWRDSDUiWXVDP{åH
Y\VN\WQ~ĢNRQGHQ]iFLD9WDNRPSUtSDGHY\SQLWHIRWRDSDUiW
DSRþNDMWHPLQLPiOQHKRGLQX$NVDNRQGHQ]iFLDY\VN\WQHQD
SDPlĢRYHMNDUWHY\EHUWHMX]IRWRDSDUiWXDSUHGMHMRSlWRYQêP
YORåHQtPSRþNDMWHNêPVDYOKNRVĢ~SOQHQHVWUDWt
3UtORK\
ÒGUåEDIRWRDSDUiWX
ĆDOãLHSUtSDG\
‡ 1HWRþWHIRWRDSDUiWRP]DS~WNR0{åHWRVS{VRELĢ
SRUDQHQLHYiVDOHERLQêFKRV{ESUtSDGQHSRãNRGHQLH
YiãKRIRWRDSDUiWX
‡ )RWRDSDUiWQHQDWLHUDMWHIDUERXSUHWRåHIDUEDP{åH]OHSLĢ
SRK\EOLYpGLHO\DVS{VRELĢQHVSUiYQHIXQJRYDQLH
‡ KHćIRWRDSDUiWQHSRXåtYDWHY\SQLWHKR
‡ 9iãIRWRDSDUiWREVDKXMHNUHKNpGLHO\9\KQLWHVDQiUD]RP
QDIRWRDSDUiW
‡ 'LVSOHMFKUiĖWHSUHGH[WHUQêPLQiUD]PLWDNåHNHć
]DULDGHQLHQHSRXåtYDWHPDMWHKRRGORåHQpYSX]GUH
)RWRDSDUiWFKUiĖWHSUHGSRãNULDEDQLDPLWDNåHKREXGHWH
XGUåLDYDĢPLPRSLHVNXDOHERRVWUêPQiUDGtP
‡ 2EMHNWtYRPQHPLHUWHSURWLVOQNXP{åHG{MVĢNVWUDWH
FLWOLYRVWLVQtPDþDQDIDUE\DOHERNMHKR]QLþHQLX
‡ 2EMHNWtYFKUiĖWHSUHGRGWODþNDPLSUVWRYDSUDFKRP
2EMHNWtYþLVWLWHPlNNRXþLVWRXKDQGULþNRXNWRUi
QH]DQHFKiYDYOiNQD
‡ )RWRDSDUiWVDSUL~GHUH]YRQNDP{åHY\SQ~Ģ-HWRNY{OL
RFKUDQHSDPlĢRYHMNDUW\)RWRDSDUiW]DSQLWHDSRXåtYDMWH
ćDOHM
‡ 3ULSRXåtYDQtVDIRWRDSDUiWP{åH]DKULHYDĢ-HWRQRUPiOQH
DQHPiWRYSO\YQDåLYRWQRVĢDYêNRQIRWRDSDUiWX
‡ $NIRWRDSDUiWSRXåtYDWHSULQt]N\FKWHSORWiFKP{åHFKYtĐX
WUYDĢNêPVD]DSQHGRþDVQHVDPXP{åH]PHQLĢDM
IDUEDDOHERVDP{åHY\VN\WQ~ĢSDREUD]7LHWRVWDY\QLH
V~SRUXFKRXDQDSUDYLDVDVDP\NHćVDVIRWRDSDUiWRP
YUiWLWHNQRUPiOQ\PWHSORWiP
‡ )DUE\DNRYRYpþDVWLNU\WXIRWRDSDUiWXP{åXXFLWOLYêFK
RV{EY\YRODĢDOHUJLHVYUEHQLHNRåHHN]pP\DOHERRSXFK\
$NVDVWDNêPLSUt]QDNPLVWUHWQHWHRNDPåLWHSUHVWDĖWH
SUtVWURMSRXåtYDĢDREUiĢWHVDQDOHNiUD
‡ &XG]LHSUHGPHW\QHYNODGDMWHGRåLDGQHKR]RWYRURY
þL]iVXYLHNIRWRDSDUiWX7LHWRSRãNRGHQLDVS{VREHQp
QHVSUiYQ\PSRXåLWtPQLHV~NU\Wp]iUXNRX
‡ )RWRDSDUiWQHQHFKiYDMWHRSUDYRYDĢQHNYDOL¿NRYDQRX
RVRERXDDQLVDRRSUDYXQHSRN~ãDMWHVDPLäLDGQH
SRãNRGHQLHVS{VREHQpQHNYDOL¿NRYDQêP]iVDKRPQLHMH
NU\Wp]iUXNRX
3UtORK\
ÒGUåEDIRWRDSDUiWX
2SDPlĢRYêFKNDUWiFK
.DSDFLWDSDPlĢRYHMNDUW\
3RGSRURYDQpSDPlĢRYpNDUW\
9iãIRWRDSDUiWSRGSRUXMHSDPlĢRYpNDUW\6'6HFXUH'LJLWDO
DOHER6'+&6HFXUH'LJLWDO+LJK&DSDFLW\
3RþHWV~ERURYQDNDUWH]iYLVtRGVQtPDQêFKVFpQD
SRGPLHQRNVQtPDQLD1DVOHGXM~FHSRþW\SODWLDSUHNDUWX6'
*%
9HĐNRVĢ
KRQWDNW\
3UHStQDþRFKUDQ\SURWL]iSLVX
3RSLVVSUHGX
1DNDUWiFK6'DOHER6'+&P{åHWHV~ERU\SUHStQDþRPFKUiQLĢ
SURWL]PD]DQLX3UHSQXWtPGROHV~V~ERU\FKUiQHQpKRUH
RGEORNRYDQp3UHIRWRJUDIRYDQLHNDUWXRGEORNXMWH
6
n
t
m
N
\
*
V
i
G
e
á
9HĐPL
30
24
15
Jemná 1RUPiOQD
MHPQi
VQtPRNV VQtPRNV VQtPRNV
3ULEO
3ULEO
3ULEO
¶¶¶
3ULEO
¶¶¶
3ULEO
¶¶¶
3ULEO
¶¶¶
'RVWXSQêþDV]i]QDPXVDP{åHRGOLãRYDĢDNSRXåtYDWHWUDQVIRNiFLX
KY{OLVWDQRYHQLXFHONRYpKRþDVX]i]QDPXERORSRVWXSQH
]D]QDPHQDQêFKYLDFHURYLGHt
3UtORK\
ÒGUåEDIRWRDSDUiWX
3ULSRXåtYDQtSDPlĢRYêFKNDULHWGiYDMWHSR]RU
‡ 3DPlĢRY~NDUWXYNODGDMWHVSUiYQ\PVPHURP9ORåHQLH
NDUW\QHVSUiYQ\PVS{VRERPP{åHVS{VRELĢSRãNRGHQLH
IRWRDSDUiWXDOHERNDUW\
‡ 1HSRXåtYDMWHNDUW\VIRUPiWRYDQpYLQêFKIRWRDSDUiWRFK
DOHERYSRþtWDþL6IRUPiWXMWHLFK]QRYXYWRPWRIRWRDSDUiWH
‡ 3ULYNODGDQtDY\EHUDQtSDPlĢRYHMNDUW\IRWRDSDUiWY\SQLWH
‡ KHćEOLNiNRQWURONDSDPlĢRY~NDUWXQHY\EHUDMWHDDQL
QHY\StQDMWHIRWRDSDUiWSUHWRåHE\VWHPRKOLSRãNRGLĢVYRMH
~GDMH
‡ 3RXSO\QXWtåLYRWQRVWLSDPlĢRYHMNDUW\XåQDĖXQHP{åHWH
YLDFXNODGDĢåLDGQHIRWRJUD¿H3RXåLWHQRY~SDPlĢRY~
NDUWX
‡ KDUW\QHY\VWDYXMWHSiGRP~GHURPDQLVLOQpPXWODNX
‡ 3DPlĢRY~NDUWXQHSRXåtYDMWHDQLQHXNODGDMWHEOt]NR
PDJQHWLFNêFKSROt
‡ 3DPlĢRY~NDUWXQHSRXåtYDMWHDQLQHXVNODGĖXMWHQD
PLHVWDFKVY\VRNêPLWHSORWDPLY\VRNRXYOKNRVĢRXDOHER
NRUR]tYQ\PLOiWNDPL
‡ 3DPlĢRYpNDUW\FKUiĖWHSUHGVW\NRPVNYDSDOLQDPLãSLQRX
DFXG]tPLSUHGPHWPLDOiWNDPL$NMHSDPlĢRYiNDUWD
ãSLQDYiY\þLVWLWHMXPlNNRXOiWNRXVN{UDNRMXYORåtWHGR
IRWRDSDUiWX
‡ 1HGRYRĐWHDE\VSDPlĢRYêPLNDUWDPLDOHERVRWYRURPSUH
SDPlĢRY~NDUWXSULãOLGRVW\NXNYDSDOLQ\ãSLQDDOHERFXG]LH
OiWN\0RKORE\WRE\ĢSUtþLQRX]O\KDQLDSDPlĢRYêFKNDULHW
DOHERIRWRDSDUiWX
‡ 3ULQRVHQtSDPlĢRYHMNDUW\SRXåLWHSX]GURDE\VWHMX
FKUiQLOLSUHGHOHNWURVWDWLFNêPLYêERMPL
‡ '{OHåLWp~GDMHVLSUHQHVWHQDLQpPpGLiDNRMHQDSUtNODG
SHYQêGLVN&'DOHER'9'
‡ $NIRWRDSDUiWSRXåtYDWHGOKãLXGREXSDPlĢRYiNDUWDVD
P{åH]RKULDĢ-HWRQRUPiOQHDQH]QDPHQiWRSRUXFKX
3UtORK\
9êUREFDQH]RGSRYHGi]DåLDGQHãNRG\VSRMHQpVRVWUDWRXGiW
ÒGUåEDIRWRDSDUiWX
2EDWpULL
9êGUåEDWpULH
2SlWRYQHSRXåtYDMWHOHQDNXPXOiWRURYpEDWpULH1LåãLH
XYiG]DPHEDWpULHGRVWXSQpSUHWHQWRIRWRDSDUiW
3ULHPHUQêþDVVQtPDQLD
3RþHWIRWRJUD¿t
3ULEOLåQH
PLQSULEOLåQH
VQtPRN
ÒGDMHREDWpULL
7HFKQLFNp~GDMH
3RSLV
0RGHO
%3$
7\S
/tWLRYRLyQRYiEDWpULD
.DSDFLWDþOiQNRY
P$K0LQLPXP
P$K
1DSlWLH
9
'ĎåNDQDEtMDQLD
SULY\SQXWRPIRWRDSDUiWH
3ULEOLåQHPLQ
7HVWRYDFLHSRGPLHQN\
NHćMHEDWpULD~SOQHQDELWi
äLYRWQRVĢEDWpULHVPHPHUDOLSUL
QDVOHGRYQêFKSRGPLHQNDFKY
UHåLPH SULUR]OtãHQt0QD
NYDOLWH-HPQp
%OHVNQDVWDYHQêQD)LOOLQ
9\URYQiYDFtY\WYRUHQLHMHGQHM
VQtPN\WUDQVIRNiWRUYSUHGDVSlĢ
%OHVNQDVWDYHQêQDOff
9\SQXWpY\WYRUHQLHMHGQHM
VQtPN\WUDQVIRNiWRUYSUHGD
VSlĢ
6QtPN\
9\NRQDQLHNURNRYDSRþDV
VHN~QGDRSDNRYDQLH
SRþDVPLQ~W3RWRPY\SQXWLH
IRWRDSDUiWXQDPLQ~WX
1DEtMDQLHEDWpULHSULSRMHQtPNSRþtWDþXP{åHWUYDĢGOKãLH
2SDNRYDQLHNURNRYDå
9LGHi
3ULEOLåQH
PLQ
=i]QDPYLGHDYUR]OtãHQtî
DIUHNYHQFLLVQtPRNV
‡ 7LHWRKRGQRW\V~]DORåHQpQDQRUPiFKVSRORþQRVWL6DPVXQJ
9êVOHGN\VDP{åXOtãLĢSRGĐDVS{VREXSRXåLWLDDSRGPLHQRN
‡ 1LHNWRUpYLGHiEROLQDKUDQpSRVWXSQHDE\VD]LVWLODFHONRYi
GĎåND]i]QDPX
3UtORK\
ÒGUåEDIRWRDSDUiWX
6SUiYDRVODEHMEDWpULL
9DURYDQLDSULSRXåtYDQtEDWpULH
KHćVDQDELWLHEDWpULH~SOQHY\ELMHUR]VYLHWLVDLNRQDEDWpULH
QDþHUYHQRD]REUD]tVDVSUiYDÄ/RZ%DWWHU\³6ODEi
EDWpULD
%DWpULHQDEtMDþNXDSDPlĢRYpNDUW\FKUiĖWHSUHG
SRãNRGHQtP
3R]QiPN\RSRXåtYDQtEDWpULH
‡ %DWpULHDQLSDPlĢRYpNDUW\QHY\VWDYXMWHQt]N\PDQL
Y\VRNêPWHSORWiPSRGƒ&DOHERQDGƒ&([WUpPQH
WHSORW\]QLåXM~NDSDFLWXEDWpULtDP{åXVS{VRELĢ
QHIXQNþQRVĢSDPlĢRYêFKNDULHW
‡ KHćSRXåtYDWHIRWRDSDUiWGOKãLXGREXREODVĢRNROR
SULHKUDGN\QDEDWpULXVDP{åH]RKULDĢ1HRYSO\YQtWR
QRUPiOQHSRXåtYDQLHIRWRDSDUiWX
‡ $NFKFHWH]R]iVXYN\Y\WLDKQXĢQDSiMDFtNiEHOQHĢDKDMWH
]DNiEHOSUHWRåHE\WRPRKORVS{VRELĢSRåLDUDOHER
SRUDQHQLHHOHNWULFNêPSU~GRP
‡ $NMHWHSORWDQLåãLDDNRž&NDSDFLWDDåLYRWQRVĢEDWpULH
VDP{åX]QtåLĢ
‡ KDSDFLWDEDWpULHVDP{åH]QtåLĢSULQt]N\FKWHSORWiFKDOH
SULVWUHGQêFKWHSORWiFKVDYUiWLGRQRUPiOX
1HGRYRĐWHDE\VDEDWpULHGRVWDOLGRNRQWDNWXVNRYRYêPL
SUHGPHWPLSUHWRåHWLHWRP{åXY\WYiUDĢVSRMHQLHPHG]L
VYRUNDPLDQDEDWpULLþRP{åHYLHVĢNGRþDVQpPXDOHER
WUYDOpPXSRãNRGHQLXEDWpULHDNY]QLNQXWLXSRåLDUXDOHER
SRUDQHQLXHOHNWULFNêPSU~GRP
3R]QiPN\RKĐDGRPQDEtMDQLDEDWpULH
‡ $NNRQWURONDQHVYLHWLXLVWLWHVDåHERODEDWpULDVSUiYQH
YORåHQi
‡ $NMHIRWRDSDUiW]DSQXWêSRþDVQDEtMDQLDEDWpULDVDQHPXVt
~SOQHQDELĢ3UHGQDEtMDQtPEDWpULHIRWRDSDUiWY\SQLWH
‡ )RWRDSDUiWQHSRXåtYDMWHSRþDVQDEtMDQLDEDWpULH+UR]t
SRåLDUDOHER~UD]HOHNWULFNêPSU~GRP
‡ $NFKFHWH]R]iVXYN\Y\WLDKQXĢQDSiMDFtNiEHOQHĢDKDMWH
]DNiEHOSUHWRåHE\WRPRKORVS{VRELĢSRåLDUDOHER
SRUDQHQLHHOHNWULFNêPSU~GRP
‡ 6R]DSQXWtPIRWRDSDUiWXSRþNDMWHSRQDELWtEDWpULH
PLQLPiOQHPLQ~W
‡ $NIRWRDSDUiWSULSRMtWHNH[WHUQpPX]GURMXQDSiMDQLDNHć
MHEDWpULHY\ELWiSRXåtYDQLHQLHNWRUêFKIXQNFLtVY\VRNRX
VSRWUHERXHQHUJLHVS{VREtY\SQXWLHIRWRDSDUiWX$NFKFHWH
IRWRDSDUiWSRXåtYDĢQRUPiOQHGRELWHEDWpULX
3UtORK\
ÒGUåEDIRWRDSDUiWX
‡ 3RXåLWLHEOHVNXD]i]QDPYLGHDY\EtMDM~EDWpULXUêFKOHMãLH
%DWpULXQDEtMDMWHSRNêPQHVYLHWLNRQWUROND]HOHQR
‡ $NNRQWURONDEOLNiRUDQåRYRDOHERQHVYLHWLRGSRMWHD]QRYX
]DSRMWHNiEHODOHERY\EHUWHD]QRYXYORåWHEDWpULX
‡ $NQDEtMDWHEDWpULXDNiEHOMHSUHKULDW\DOHERRNROLWiWHSORWD
SUtOLãY\VRNiNRQWURONDP{åHVYLHWLĢRUDQåRYR1DEtMDQLH
]DþQHSRY\FKODGQXWtEDWpULH
‡ 3UHEtMDQLHEDWpULtVNUDFXMHLFKåLYRWQRVĢ3RQDELWtEDWpULH
RGSRMWHNiEHORGIRWRDSDUiWX
‡ 1DSiMDFtNiEHOQHRKêEDMWHDDQLQDĖQHNODćWHĢDåNp
SUHGPHW\0{åHG{MVĢNSRãNRGHQLXNiEOD
6EDWpULDPLDQDEtMDþNRX]DREFKiG]DMWHRSDWUQH
‡ %DWpULHQLNG\QHYKDG]XMWHGRRKĖD3ULOLNYLGiFLLSRXåLWêFK
EDWpULtSRVWXSXMWHSRGĐDPLHVWQ\FKSUHGSLVRY
‡ %DWpULHDQLIRWRDSDUiWQHVWDYDMWHGREOt]NRVWLþLGRYQ~WUD
]GURMRYWHSODDNRV~PLNURYOQQpþLLQpU~U\DRKULHYDþH$N
VDEDWpULHSUHKUHM~P{åXH[SORGRYDĢ
3R]QiPN\NQDEtMDQLX]SULSRMHQpKRSRþtWDþD
‡ 3RXåtYDMWHLEDSULORåHQêNiEHO86%
‡ %DWpULDVDQHPXVtQDELĢDN
SRXåtYDWHUR]ERþRYDþ86%
V~LQp]DULDGHQLD86%SULSRMHQpNSRþtWDþX
SULSRMtWHNiEHOGR]iVXYN\QDSUHGQHMVWHQHSRþtWDþD
SRUW86%SRþtWDþDQHSRGSRUXMHãWDQGDUGYêVWXSQpKR
QDSiMDQLD9P$
3UtORK\
ÒGUåEDIRWRDSDUiWX
3ULQHVSUiYQRPDOHERQHRSDWUQRPSRXåtYDQtEDWpULH
KUR]t]UDQHQLHþLGRNRQFDVPUĢ=EH]SHþQRVWQêFK
G{YRGRY]DREFKiG]DMWHVEDWpULDPLQDVOHGRYQH
‡ 3ULQHVSUiYQRPSRXåLWtEDWpULHKUR]tY]QLHWHQLH
DOHERYêEXFK$NVSR]RUXMHWHQDEDWpULLDNpNRĐYHN
GHIRUPiFLHSUDVNOLQ\þLLQpQH]Y\þDMQpSUHMDY\
SUHVWDĖWHMXRNDPåLWHSRXåtYDĢDREUiĢWHVDQD
VHUYLVQpVWUHGLVNR
‡ 3RXåtYDMWHLEDRULJLQiOQHQDEtMDþN\DQDSiMDFLH
DGDSWpU\RGSRU~þDQpYêUREFRPDEDWpULXQDEtMDMWH
LEDSRVWXSRPSRStVDQêPYWRPWRQiYRGH
‡ %DWpULHQHNODćWHGREOt]NRVWLY\NXURYDFtFKWHOLHV
DQHY\VWDYXMWHLFKY\VRNêPWHSORWiPDNpV~QDSU
YX]DYUHWRPDXWRPRELOHYOHWH
‡ %DWpULXQHYNODGDMWHGRPLNURYOQQHMU~U\
‡ %DWpULXQHVNODGXMWHDQHSRXåtYDMWHQDKRU~FLFK
DYOKNêFKPLHVWDFKDNRV~N~SHĐQHDVSUFK\
‡ =DULDGHQLHQHNODćWHQDKRUĐDYpSRYUFK\DNR
SRVWHĐQiELHOL]HĖNREHUFHDQLQDHOHNWULFNpGHþN\
‡ =DSQXWp]DULDGHQLHQHSRQHFKiYDMWHYX]DWYRUHQRP
SULHVWRUH
‡ 1HGRSXVWLWHGRW\NNRQWDNWRYEDWpULHVNRYRYêPL
SUHGPHWPLDNRV~ãSHUN\PLQFHNĐ~þHþLKRGLQN\
DSRG
‡ 3RXåtYDMWHLEDRULJLQiOQHYêUREFRPRGSRU~þDQp
OtWLRYRLyQRYpQiKUDGQpEDWpULH
3UtORK\
‡ %DWpULXQHUR]REHUDMWHDDQLMXQHSUHSLFKXMWHRVWUêP
SUHGPHWRP
‡ %DWpULXQHY\VWDYXMWHY\VRNpPXWODNXDQLLQêPVLOiP
‡ %DWpULXQHY\VWDYXMWHSiGRPDQiUD]RPDNRV~SiG\
]YHĐNêFKYêãRN
‡ %DWpULXQHY\VWDYXMWHWHSORWiPQDGƒ&
‡ %DWpULXQHY\VWDYXMWHNYDSDOLQiPDYOKNRVWL
‡ %DWpULXQHY\VWDYXMWHSULDPHPXVOQHþQpPXåLDUHQLX
RKĖXDDQLåLDGQHPXLQpPX]GURMXQDGPHUQpKR
WHSOD
3UDYLGOiSUHOLNYLGiFLX
‡ 9HQXMWHSR]RUQRVĢVSUiYQHMOLNYLGiFLLVWDUêFKEDWpULt
‡ %DWpULXQHYKDG]XMWHGRRKĖD
‡ 3UDYLGOiOLNYLGiFLHVDP{åXOtãLĢSRGĐDNUDMLQ\3UL
OLNYLGiFLLEDWpULHSRVWXSXMWHSRGĐDYãHWNêFKPLHVWQ\FK
SUHGSLVRY
3R]QiPN\RKĐDGRPQDEtMDQLDEDWpULH
%DWpULXQDEtMDMWHLEDVS{VRERPSRStVDQêPYWRPWR
QiYRGH3ULQHVSUiYQRPQDEtMDQtEDWpULHKUR]tSRåLDU
þLYêEXFK
6N{UQHåVDREUiWLWHQDVHUYLV
$NPiWHVIRWRDSDUiWRPĢDåNRVWLVN~VWHLFKRGVWUiQLĢVDPLVSRXåLWtPWêFKWRWLSRYVN{UQHåVDREUiWLWHQDVHUYLV$NVWHVDSRN~VLOL
ĢDåNRVWLY\ULHãLĢDVWiOHWUYDM~REUiĢWHVDQDVYRMKRSUHGDMFXDOHERQDVHUYLVQpVWUHGLVNR
6LWXiFLD
1DYUKQXWpULHãHQLD
6LWXiFLD
1LHMHPRåQp]DSQ~Ģ
IRWRDSDUiW
‡ 8LVWLWHVDåHMHYORåHQiEDWpULD
‡ 8LVWLWHVDåHEDWpULDMHYORåHQi
VSUiYQH
‡ 1DELWHEDWpULX
1DSiMDQLHVDQiKOH
Y\SOR
‡ 1DELWHEDWpULX
‡ )RWRDSDUiWP{åHE\ĢY~VSRUQRP
UHåLPHVWU
‡ )RWRDSDUiWVDY\SROSRSiGHDE\
]DEUiQLOSRãNRGHQLXSDPlĢRYHMNDUW\
)RWRDSDUiW]QRYX]DSQLWH
%DWpULDVDUêFKOR
Y\EtMD
‡ %DWpULDVDY\EtMDUêFKOHMãLHSULQt]N\FK
WHSORWiFKSRGƒ&%DWpULXXGUåXMWH
YWHSOHQDSUYRYUHFNX
‡ 3RXåLWLHEOHVNXD]i]QDPYLGHD
Y\EtMDM~EDWpULXUêFKOHMãLH9SUtSDGH
SRWUHE\]QRYXQDELWH
‡ %DWpULDMHVSRWUHEQêGLHONWRUêMH
QXWQpSRXUþLWRPþDVHY\PHQLĢ$N
VDY\EtMDYHĐPLUêFKORSRXåLWHQRY~
EDWpULX
‡ 1DNDUWHQLHMHYRĐQpPLHVWR=PDåWH
QHSRWUHEQpV~ERU\DOHERYORåWHQRY~
NDUWX
‡ )RUPiWRYDQLHSDPlĢRYHMNDUW\
VWU
1LHMHPRåQpY\WYiUDĢ
‡ 3DPlĢRYiNDUWDMHFK\EQi
VQtPN\
=DREVWDUDMWHVLQRY~SDPlĢRY~NDUWX
‡ 8LVWLWHVDåHMHIRWRDSDUiW]DSQXWê
‡ 1DELWHEDWpULX
‡ 8LVWLWHVDåHMHEDWpULDYORåHQi
VSUiYQH
1DYUKQXWpULHãHQLD
)RWRDSDUiWVD
]DVHNiYD
9\EHUWHEDWpULXD]QRYXYORåWH
%OHVNQHSUDFXMH
‡ %OHVNMHQDVWDYHQêQDOff9\SQXWp
VWU
‡ %OHVNQHP{åHWHSRXåtYDĢY D
DQLYQLHNWRUêFKUHåLPRFK %OHVNVDVS~ãĢD
VDPRYRĐQH
%OHVNP{åHVDPRYRĐQHEOHVNQ~ĢY
G{VOHGNXVWDWLFNHMHOHNWULQ\
7RWRQLHMHSRUXFKD
1LHMHVSUiYQ\GiWXP
DþDV
'iWXPDþDVQDVWDYWHYSRQXNH
QDVWDYHQtGLVSOHMDVWU
3UtORK\
6N{UQHåVDREUiWLWHQDVHUYLV
6LWXiFLD
'RW\NRYêGLVSOHM
DOHERWODþLGOi
QHSUDFXM~
'LVSOHMIRWRDSDUiWX
QHSUDFXMHVSUiYQH
3DPlĢRYiNDUWD
REVDKXMHFK\EX
1LHMHPRåQp
SUHKUiYDĢV~ERU\
6QtPNDMHQHRVWUi
)DUE\VQtPN\
QH]RGSRYHGDM~
VNXWRþQHMVFpQH
1DYUKQXWpULHãHQLD
6LWXiFLD
9\EHUWHEDWpULXD]QRYXYORåWH
‡ 9\SQLWHEOHVNVWU
6QtPNDMHSUtOLãVYHWOi ‡ 6QtPNDMHSUHH[SRQRYDQi1DVWDYWH
KRGQRWXH[SR]tFLHVWU
3ULSRXåLWtIRWRDSDUiWXSULYHĐPLQt]N\FK
WHSORWiFKP{åHG{MVĢNQHVSUiYQHM
IXQNFLLGLVSOHMDDOHERVWUDWHIDULHE
)XQNFLXGLVSOHMD]OHSãtWHRKULDWtP
IRWRDSDUiWXDMHKRSRXåtYDQtPSUL
EHåQHMãHMWHSORWH
KDUWDQHERODUHVHWRYDQi6IRUPiWXMWH
NDUWXVWU
$N]PHQtWHQi]RYV~ERUXIRWRDSDUiW
PRåQRWHQWRV~ERUQHEXGHP{FĢ
SUHKUDĢ3R]QiPND1i]Y\V~ERURY
PXVLDE\ĢYV~ODGHVQRUPRX'&)
$NVDWRVWDQHSUHKUiYDMWHV~ERU\Y
SRþtWDþL
‡ 8LVWLWHVDþLMH]YROHQêW\SRVWUHQLD
YKRGQêSUHYDãH]iEHU\]EOt]ND
VWU
‡ 8LVWLWHVDåHMHREMHNWtYþLVWê$NQLH
RþLVWLWHKRVWU
‡ 8LVWLWHVDåHREMHNWMHYGRVDKX
EOHVNXVWU
1HVSUiYQHY\YiåHQLHELHOHMYHGLH
NQHUHDOLVWLFNêPIDUEiP=YRĐWHVSUiYQH
Y\YiåHQLHELHOHMSRGĐDSRGPLHQRN
DRVYHWOHQLDVWU
1DYUKQXWpULHãHQLD
6QtPNDMHSUtOLãWPDYi
6QtPNDMHSRGH[SRQRYDQi
‡ =DSQLWHEOHVNVWU
‡ 8SUDYWHUêFKORVĢ,62VWU
‡ 1DVWDYWHKRGQRWXH[SR]tFLHVWU
6QtPN\VD
QH]REUD]XM~QD79
‡ 8LVWLWHVDåHMHIRWRDSDUiWVSUiYQH
SULSRMHQêNH[WHUQpPXPRQLWRUX
NiEORP$9
‡ 8LVWLWHVDåHNDUWDREVDKXMHVQtPN\
3RþtWDþQHUR]SR]QDO
IRWRDSDUiW
‡ 8LVWLWHVDåHMHNiEHO86%SULSRMHQê
VSUiYQH
‡ 8LVWLWHVDåHMHIRWRDSDUiW]DSQXWê
‡ 8LVWLWHVDåHSRXåtYDWHSRGSRURYDQê
RSHUDþQêV\VWpPVWU
3UHQRVEROSUHUXãHQêVWDWLFNRX
3RþtWDþRGSRMLO
IRWRDSDUiWSULSUHQRVH HOHNWULQRX2GSRMWHNiEHO86%D]QRYX
V~ERURY
KRSULSRMWH
3UtORK\
6N{UQHåVDREUiWLWHQDVHUYLV
6LWXiFLD
1DYUKQXWpULHãHQLD
9LGHiQLHMHPRåQp
SUHKUiYDĢYSRþtWDþL
‡ 9]iYLVORVWLRGSURJUDPRYQD
SUHKUiYDQLHYLGHDNWRUpV~
QDLQãWDORYDQpYRYDãRPSRþtWDþL
YLGHRV~ERU\]D]QDPHQDQpYDãLP
IRWRDSDUiWRPVDPRåQRQHEXG~GDĢ
SUHKUDĢ$NFKFHWH]DUXþLĢåHVDYLGHR
V~ERU\EXG~GDĢSUHKUDĢQDYDãRP
SRþtWDþLQDLQãWDOXMWHDSRXåtYDMWH
SURJUDP,QWHOOLVWXGLRVWU
‡ 8LVWLWHVDåHMHNiEHO86%SULSRMHQê
VSUiYQH
‡ 8NRQþLWHDUHãWDUWXMHSURJUDP,QWHOOL
VWXGLR
‡ 3URJUDP,QWHOOLVWXGLRQHEHåt
QDSRþtWDþRFK0DFLQWRVK
‡ 9]iYLVORVWLRGWHFKQLFNêFK~GDMRY
$SOLNiFLD,QWHOOLVWXGLR
SRþtWDþDDSURVWUHGLDVDQHPXVt
QHIXQJXMHVSUiYQH
SURJUDPVSXVWLĢDXWRPDWLFN\
9WRPWRSUtSDGHNOLNQLWHYRYDãRP
SRþtWDþLQDSRORåNX6WDUWĺ$OO
3URJUDPV9ãHWN\SURJUDP\ĺ
6DPVXQJĺ,QWHOOLVWXGLRĺ,QWHOOL
VWXGLR
3UtORK\
7HFKQLFNp~GDMHIRWRDSDUiWX
6QtPDþREUD]X
5êFKORVĢX]iYLHUN\
7\S
FFDPP&&'
(IHNWtYQ\SRþHW
SL[HORY
3ULEOLåQHPHJDSL[HORY
&HONRYêSRþHW
SL[HORY
3ULEOLåQHPHJDSL[HORY
‡ ,QWHOLJHQWQêDXWRPDWLFNêUHåLP±V
‡ 3URJUDP±V
‡ 1RF±V
([SR]tFLD
2EMHNWtY
2KQLVNRYi
Y]GLDOHQRVĢ
2EMHNWtY6DPVXQJI ±PP
HNYLYDOHQWPP¿OPX±PP
6YHWHOQRVĢ
REMHNWtYX
):Då)7
'LJLWiOQ\
WUDQVIRNiWRU
‡ 5HåLPVWDWLFNêFKVQtPRN;a;
‡ 3UHKUiYDQLH;a;]iYLVtRGYHĐNRVWLVQtPN\
5LDGHQLH
3URJUDP$(
0HUDQLH
0XOWL9LDFERGRYp6SRW%RGRYp&HQWHU
ZHLJKWHG6WUHGRYRY\YiåHQp
KRPSHQ]iFLD
“(9(9NURN\
,62HNYLYDOHQW
$XWR$XWRPDWLFN\
%OHVN
5HåLP
'LVSOHM
2II9\SQXWê$XWR$XWRPDWLFN\5HGH\HýHUYHQp
RþL)LOOLQ9\URYQiYDFt6ORZ6\QF3RPDOi
V\QFKURQL]iFLD5HGH\H)L[5HGXNFLDþHUYHQêFKRþt
‡ â,52K28+/ePP,62$XWR
‡ 7(/(2%-(K7Ë9PP,62$XWR
7\S
7)7/&'
'RVDK
9ODVWQRVWL
FPK
7UYDQLHQDEtMDQLD FFDV]iYLVtRGVWDYXEDWpULH
2VWUHQLH
7\S
77/DXWRRVWUHQLH0XOWL$)9LDFERGRYp$)
&HQWHU$)$)QDVWUHG)DFH'HWHFWLRQ$)$)V
UR]SR]QDQtPWYiUH
âLURNRXKOê:
'RVDK
1RUPDO
FP±QHNRQHþQR
1RUPiOQ\
FP±FP
0DFUR0DNUR
FP±QHNRQHþQR
$XWR0DFUR
$XWRPPDNUR
2EPHG]HQLHRWUDVRY
'LJLWiOQDVWDELOL]iFLDREUD]X',6
(IHNW
7HOH7
FP±QHNRQHþQR
FP±FP
5HåLPVQtPDQLD
FP±QHNRQHþQR
3UtORK\
‡ 6PDUW)LOWHU,QWHOLJHQWQê¿OWHU1RUPDO
1RUPiOQ\)LVKH\H5\ELHRNR9LYLG
,QWHQ]tYQH5HWUR5HWURãWêO&RRO6WXGHQp
&ODVVLFKODVLND1HJDWLYH1HJDWtY&XVWRP
5*%9ODVWQp5*%
‡ ,PDJH$GMXVWÒSUDYDREUD]X6KDUSQHVV
2VWURVĢ&RQWUDVWKRQWUDVW6DWXUDWLRQ6êWRVĢ
7HFKQLFNp~GDMHIRWRDSDUiWX
3UHKUiYDQLH
9\YiåHQLHELHOHM
$XWR$XWRPDWLFNp'D\OLJKW'HQQpVYHWOR&ORXG\2EODþQR
)OXRUHVFHQWB+äLDULYNRYpB+)OXRUHVFHQWB/äLDULYNRYpB/
7XQJVWHQäLDURYND&XVWRP9ODVWQp
7\S
7ODþGiWXPX
8SUDYLĢ
'DWH7LPH'iWXPDþDV'DWH'iWXP2II9\SQXWp
6QtPDQLH
6QtPN\
9LGHi
‡ 0RGH5HåLP6PDUW$XWR,QWHOLJHQWQêDXWRPDWLFNê3RUWUDLW
3RUWUpW1LJKW3RUWUDLW1RþQêSRUWUpW%DFNOLJKW3RUWUDLW3RUWUpW
YSURWLVYHWOH%DFNOLJKW3URWLVYHWOR/DQGVFDSHKUDMLQD:KLWH
%LHOD$FWLRQ3RK\E7ULSRG6WDWtY1LJKW1RF0DFUR0DNUR
0DFUR7H[W0DNURWH[W%OXH6N\0RGUiREORKD6XQVHW6N\
=iSDGVOQND0DFUR&RORU0DNURVIDUEDPL1DWXUDO*UHHQ
3ULURG]HQi]HOHQi)LUHZRUNV2KĖRVWURMH3URJUDP',63KRWR
KHOS*XLGH)RWRJUD¿FNêVSULHYRGFD6FHQH6FpQD%HDXW\
6KRW6QtPNDVUHWXãRX1LJKW1RF3RUWUDLW3RUWUpW/DQGVFDSH
KUDMLQD&ORVH8S=EOt]ND6XQVHW=iSDGVOQND'RZQÒVYLW
%DFNOLJKW3URWLVYHWOR%HDFK6QRZ3OiåDVQHK
‡ 'ULYH5HåLPVQtPDQLD6LQJOH-HGQRUi]RYR&RQWLQXRXV
6HNYHQþQp0RWLRQ&DSWXUH=DFK\WHQLHSRK\EX$(%
‡ 7LPHU6DPRVS~ãĢ6HFV6HFV'RXEOH'YRMLWi
0RWLRQ7LPHU6DPRVS~ãĢVGHWHNFLRXSRK\EX
‡ )RUPiW0-3(*PD[þDV]i]QDPXKRGLQ\
‡ 9HĐNRVĢ[VQtPRNVVQtPRNV
[VQtPRNVVQtPRNV
[VQtPRNVVQtPRNV
‡ 5êFKORVĢVQtPNRYDQLDVQtPRNVVQtPRNVVQtPRNV
‡ +ODV2Q=DSQXWê2II9\SQXWê=RRP0XWH6WtãLĢSRþDV
WUDQVIRNiFLH
(IHNW
6LQJOHLPDJH-HGQRGXFKêREUi]RN7KXPEQDLOV
0LQLDW~U\0XOWL6OLGHVKRZ0XOWLSUH]HQWiFLD
0RYLH&OLS)LOPRYêNOLS
3UH]HQWiFLD3UH]HQWiFLDVHIHNWPLDKXGERX
5HVL]H=PHQLĢYHĐNRVĢ5RWDWH2WRþLĢ6PDUW)LOWHU
,QWHOLJHQWQê¿OWHU,PDJH$GMXVW1DVWREUD]X
‡ 6PDUW)LOWHU,QWHOLJHQWQê¿OWHU1RUPDO
1RUPiOQ\0LQLDWXUH0LQLDW~UD9LJQHWWLQJ
9LQHWiFLD)LVK(\H5\ELHRNR9LYLG
,QWHQ]tYQH5HWUR5HWURãWêO&RRO6WXGHQp
&ODVVLFKODVLND1HJDWLYH1HJDWtY&XVWRP
5*%9ODVWQp5*%
‡ ,PDJH$GMXVW1DVWDYHQLHREUD]X$&%5HGH\H
)L[5HGXNFLDþHUYRþt)DFH5HWRXFK5HWXã
WYiUH%ULJKWQHVV-DV&RQWUDVWKRQWUDVW
6DWXUDWLRQ6êWRVĢ$GG1RLVH3ULGDĢãXP
1DKUiYDQLHKODVX
‡ 1DKUiYDQLHKODVXPD[KRG
‡ +ODVRYpSR]QiPN\YRIRWRJUD¿LPD[VHN~QG
8NODGDQLH
‡ 9Q~WRUQiSDPlĢ3ULEO0%
‡ 9RQNDMãLDSDPlĢYROLWHĐQi
0pGLi
NDUWD6'GR*%]DUXþHQp
NDUWD6'+&GR*%]DUXþHQp
KDSDFLWDLQWHUQHMSDPlWHVDP{åHEH]
SUHGFKiG]DM~FHKRR]QiPHQLD]PHQLĢ
‡ )RWRJUD¿D-3(*'&)(;,)'32)
)RUPiWV~ERUX
‡ ÒSUDYDYLGHD]DEXGRYDQiSUHUXãHQLH]i]QDPX]DFK\WHQLHVQtPN\
3UtORK\
3LFW%ULGJH
‡ )LOPRYêNOLS$9,0-3(*
‡ =YXN:$9
7HFKQLFNp~GDMHIRWRDSDUiWX
3UHNDUWX6'*%
1DSiMDFt]GURM
9HĐPL MHPQi -HPQi
9HĐNRVĢVQtPN\
1RUPiOQD
;
;
;
;
;
;
;
;
;
LHWRKRGQRW\EROLQDPHUDQp]DãWDQGDUGQêFK
7
SRGPLHQRN6DPVXQJDP{åXVDOtãLĢSRGĐDSRGPLHQRN
SRXåLWLDDQDVWDYHQLDIRWRDSDUiWX
$NXPXOiWRURYi
EDWpULD
/tWLRYRLyQRYiEDWpULD%3$P$K
0LQLPXPP$K
9\KRWRYHQLH]GURMDVDP{åHOtãLĢSRGĐDREODVWL]DN~SHQLD
5R]PHU\âî9î+
îîPPEH]YêþQHONRY
+PRWQRVĢ
JEH]EDWpULHDSDPlĢRYHMNDUW\
3UHYiG]NRYiWHSORWD
Û&
3UHYiG]NRYiYOKNRVĢ
6RIWYpU
,QWHOOLVWXGLR
ÒGDMHVDP{åX]PHQLĢEH]SUHGFKiG]DM~FHKRXSR]RUQHQLD
5R]KUDQLH
'LJLWiOQ\YêVWXS
86%
9êVWXS]YXNX
0LNURIyQ0RQR
9Q~WRUQêUHSURGXNWRU0RQR
9êVWXSREUD]X
176&3$/SRXåtYDWHĐVLP{åHY\EUDĢ
1DSiMDFLD
]iVXYND'&
9
3UtORK\
6ORYQtþHN
$XWRPDWLFNpY\YiåHQLHNRQWUDVWX$&%
.RPSR]tFLD
7iWRIXQNFLDDXWRPDWLFN\Y\OHSãtNRQWUDVWYDãLFKVQtPRNNHć
MHREMHNWSRGVYLHWHQêDOHERDNMHWDPY\VRNêNRQWUDVWPHG]L
YDãLPREMHNWRPDSR]DGtP
7iWRIXQNFLDDXWRPDWLFN\QDVQtPDQLHNRĐNRVQtPRNYU{]Q\FK
H[SR]tFLiFKDE\YiPSRPRKODQDVQtPDĢVQtPNX
KRPSR]tFLDYRIRWRJUD¿LSRSLVXMHXVSRULDGDQLHSUHGPHWRYQD
VQtPNH2EY\NOHVWDþtSUHVSUiYQXNRPSR]tFLXGRGUåLDYDĢSUDYLGOR
]ODWpKRUH]X
1DYUKQXWpSUDYLGOiSUHV\VWpPV~ERURYIRWRDSDUiWX'&)
âSHFL¿NiFLDQDGH¿QRYDQLHIRUPiWXV~ERUXDV\VWpPXV~ERURYSUH
GLJLWiOQHIRWRDSDUiW\Y\UREHQpVSRORþQRVĢRX-DSDQ(OHFWURQLFVD
DVRFLiFLRXSULHP\VOXLQIRUPDþQêFKWHFKQROyJLt-(,7$
$XWRPDWLFNp]DRVWUHQLH$)
+ĎENDRVWURVWL
$XWRPDWLFNiVpULDVR]PHQRXH[SR]tFLH$(%
6\VWpPNWRUêDXWRPDWLFN\]DRVWUtREMHNWtYIRWRDSDUiWXQDVXEMHNW
9iãIRWRDSDUiWY\XåtYDNRQWUDVWQDDXWRPDWLFNp]DRVWUHQLH
&ORQD
7iWRFORQDRYOiGDPQRåVWYRVYHWODNWRUpGRVLDKQHVQtPDþ
IRWRDSDUiWX
9]GLDOHQRVĢPHG]LQDMEOLåãtPLDQDMY]GLDOHQHMãtPLERGPLNWRUp
P{åXE\ĢSULMDWHĐQH]DRVWUHQpQDIRWRJUD¿L+ĎENDSRĐDVDOtãL
SRGĐDFORQ\REMHNWtYXGĎåN\RKQLVNDDY]GLDOHQRVWLIRWRDSDUiWXRG
REMHNWX9êEHUPHQãHMFORQ\QDSUtNODG]YêãLKĎENXSRĐDDUR]PDåH
NRPSR]tFLXSR]DGLD
'LJLWiOQ\WUDQVIRNiWRU
7UDVHQLHIRWRDSDUiWXUR]PD]DQLH
$NSRKQHWHIRWRDSDUiWRPNHćMHRWYRUHQi]iYLHUN\P{åHVD
]GDĢFHOiVQtPNDUR]PD]DQi7RWRVDY\VN\WQHþDVWHMãLHNHćMH
UêFKORVĢ]iYLHUN\SRPDOi=DEUiĖWHWUDVHQLXIRWRDSDUiWX]YêãHQtP
FLWOLYRVWLSRPRFRXEOHVNXDOHERSRPRFRXUêFKOHMãHM]iYLHUN\1D
VWDELOL]RYDQLHIRWRDSDUiWXDOWHUQDWtYQHSRXåtYDMWHVWRMDQIXQNFLX
',6DOHER2,6
)XQNFLDNWRUiXPHOR]YêãLPQRåVWYRGRVWXSQHMWUDQVIRNiFLH
REMHNWtYXRSWLFNiWUDQVIRNiFLD3ULSRXåLWtGLJLWiOQHMWUDQVIRNiFLH
VDNYDOLWDVQtPN\]KRUãtSRGĐD]YêãHQLD]YlþãHQLD
)RUPiWSUHWODþRYpREMHGQiYN\'32)
)RUPiWQD]DStVDQLHLQIRUPiFLtRWODþLDNRV~QDSUtNODGY\EUDQp
VQtPN\DSRþHWYêWODþNRYQDSDPlĢRYHMNUDWH7ODþLDUQH
NRPSDWLELOQpV'32)QLHNHG\GRVWXSQpDMYRIRWRJUD¿FNêFK
REFKRGRFKGRNiåXQDþtWDĢLQIRUPiFLH]NDUW\NY{OLSRKRGOQHMãLHPX
WODþHQLX
3UtORK\
6ORYQtþHN
+RGQRWDH[SR]tFLH(9
2KQLVNRYiY]GLDOHQRVĢ
9ãHWN\NRPELQiFLHUêFKORVWL]iYLHUN\DFORQ\REMHNWtYXIRWRDSDUiWX
NWRUpYHG~NURYQDNHMH[SR]tFLL
9]GLDOHQRVĢRGVWUHGXREMHNWtYXGRRKQLVNDYPLOLPHWURFK'OKãLD
RKQLVNRYiY]GLDOHQRVĢ]QDPHQiPHQãtXKRO]iEHUXDYlþãLH
]YlþãHQLHREMHNWXKUDWãLDRKQLVNRYiY]GLDOHQRVĢ]QDPHQiãLUãt
]iEHU
(9NRPSHQ]iFLD
7iWRIXQNFLDYiPXPRåĖXMHUêFKOHQDVWDYHQLHKRGQRW\H[SR]tFLH
QDPHUDQHMIRWRDSDUiWRPYREPHG]HQêFK]YêãHQLDFKQD
Y\OHSãHQLHH[SR]tFLHYDãLFKIRWRJUD¿t1DVWDYWH(9NRPSHQ]iFLX
QD(9DQDVWDYWHKRGQRWXRMHGHQNURNWPDYãLXD(9R
MHGHQNURNMDVQHMãLX
+LVWRJUDP
*UD¿FNiSUH]HQWiFLDMDVLVQtPN\+RUL]RQWiOQDRVSUHGVWDYXMHMDV
DYHUWLNiOQDRVSUHGVWDYXMHSRþHWSL[ORY9\VRNpERG\QDĐDYRSUtOLã
WPDYpDQDSUDYRSUtOLãMDVQpQDKLVWRJUDPH]REUD]XM~QHVSUiYQH
Y\VWDYHQ~IRWRJUD¿X
([LI)RUPiWY\PHQLWHĐQpKRV~ERUXVQtPN\
âSHFL¿NiFLDQDLGHQWL¿NiFLXIRUPiWXV~ERUXVQtPN\SUHGLJLWiOQH
IRWRDSDUiW\Y\WYRUHQiDVRFLiFLRXYêVNXPQpKRSULHP\VOX-DSDQ
(OHFWURQLF-(,'$
6QtPDþREUD]X
([SR]tFLD
0QRåVWYRSRYROHQpKRVYHWODQDGRVLDKQXWLHVQtPDþDIRWRDSDUiWX
([SR]tFLDRYOiGDQiNRPELQiFLRXUêFKORVWL]iYLHUN\KRGQRWRXFORQ\
DFLWOLYRVĢRX,62
)\]LFNiþDVĢIRWRDSDUiWXNWRUiREVDKXMHIRWRSULHVWRUSUHNDåGê
SL[HOQDVQtPNHKDåGêIRWRSULHVWRUQDKUiYDMDVVYHWODNWRUê
KR]DVLDKQHSRþDVH[SR]tFLH%HåQpW\S\VQtPDþRYV~&&'
V~þLDVWND&&'D&026NRPSOHPHQWUiUQDãWUXNW~UD026
%OHVN
5êFKOHRVYHWOHQLHNWRUpSRPiKDY\WYiUDQLHDGHNYiWQHMH[SR]tFLH
YSRGPLHQNDFKVRVODEêPRVYHWOHQtP
3UtORK\
6ORYQtþHN
&LWOLYRVĢ,62
0-3(*-3(*YSRK\EH
&LWOLYRVĢIRWRDSDUiWXQDVYHWORQD]iNODGHHNYLYDOHQWQHMUêFKORVWL
¿OPXSRXåLWpKRYR¿OPRYDFRPSUtVWURML3ULY\ããtFKQDVWDYHQLDFK
FLWOLYRVWL,62SRXåtYDIRWRDSDUiWY\ããLXUêFKORVĢ]iYLHUN\NWRUi
UHGXNXMHUR]PD]DQLHVS{VREHQpWUDVHQtPIRWRDSDUiWX6QtPN\V
Y\VRNRXFLWOLYRVĢRXV~YãDNFLWOLYHMãLHQDUXãHQLH
)RUPiWYLGHDNWRUêMHNRPSULPRYDQêDNR-3(*VQtPND
5XãHQLH
-3(*6SRORþQiIRWRJUD¿FNiH[SHUWQiVNXSLQD
6WUDWRYêVS{VRENRPSUHVLHGLJLWiOQ\FKVQtPRN-3(*VQtPN\V~
NRPSULPRYDQpQD]QtåHQLHFHONRYHMYHĐNRVWLV~ERUXVPLQLPiOQ\P
]KRUãHQtPUR]OtãHQLDVQtPN\
/&''LVSOHM]WHNXWêFKNU\ãWiORY
9L]XiOQH]REUD]HQLHEHåQHSRXåtYDQpYVSRWUHEQHMHOHNWURQLNH
7HQWRGLVSOHMSRWUHEXMHQDUHSURGXNRYDQLHIDULHEVDPRVWDWQp
SRGVYLHWHQLHDNRQDSUtNODG&&)/DOHER/('
0DFUR0DNUR
7iWRIXQNFLDYiPXPRåĖXMHVQtPDQLHEOLåãtFKIRWRJUD¿tYHĐPL
PDOêFKREMHNWRY3ULSRXåLWtPDNURIXQNFLH]DFKRYiIRWRDSDUiW
RVWUp]DRVWUHQLHPDOêFKREMHNWRYYSRPHUHYWDNPHUåLYRWQHM
YHĐNRVWL
1HVSUiYQHY\KRGQRWHQpSL[OHQDGLJLWiOQHMVQtPNHNWRUpVDP{åX
]REUD]LĢDNRQHVSUiYQHXPLHVWQHQpDOHERQiKRGQpMDVQpSL[OH
5XãHQLHVD]Y\þDMQHY\VN\WQHQDIRWRJUD¿iFKNWRUpV~QDVQtPDQp
VY\VRNRXFLWOLYRVĢRXDOHERDNMHFLWOLYRVĢDXWRPDWLFN\QDVWDYHQi
QDWPDYRPPLHVWH
2SWLFNiWUDQVIRNiFLD
7RWRMHYãHREHFQiWUDQVIRNiFLDNWRUi]YlþãtREUi]N\VREMHNWtYRP
DQH]QtåLNYDOLWXVQtPRN
.YDOLWD
9\MDGUHQLHSRPHUXNRPSUHVLHSRXåLWHMQDGLJLWiOQHMVQtPNH
6QtPN\VY\ããRXNYDOLWRXPDM~QLåãtSRPHUNRPSUHVLHNWRUê
]Y\þDMQHY\~VWLGRYlþãHMYHĐNRVWLV~ERUX
5R]OtãHQLH
3RþHWSL[ORYSUHGVWDYXM~FLGLJLWiOQXVQtPNX6QtPN\VY\VRNêP
UR]OtãHQtPREVDKXM~YLDFSL[ORYD]Y\þDMQH]REUD]XM~YLDFGHWDLORY
DNRVQtPN\VQt]N\PUR]OtãHQtP
0HUDQLH
0HUDQLHRGND]XMHQDVS{VREDNêPIRWRDSDUiWRGPHULDPQRåVWYR
VYHWODQDQDVWDYHQHMH[SR]tFLL
3UtORK\
6ORYQtþHN
5êFKORVĢX]iYLHUN\
5êFKORVĢX]iYLHUN\XGiYDþDVPHG]LRWYRUHQtPD]DWYRUHQtP
X]iYLHUN\DMHYHĐPLG{OHåLWêPIDNWRURPSUHMDVVQtPN\OHERXUþXMH
PQRåVWYRVYHWODNWRUpSUHMGHFORQRXSUHGGRSDGRPQDREUD]RYê
VQtPDþ5êFKODUêFKORVĢ]iYLHUN\XPRåĖXMHQLåãtþDVQDYVW~SHQLH
VYHWODDIRWRJUD¿DMHWPDYãLDDMHGQRGXFKãLH]PUD]tREMHNWY
SRK\EH
9LQHWiFLD
5HGXNFLDMDVXDOHERQDVêWHQLDVQtPN\YSHULIpUQRPYRQNDMãLH
RNUDMHSRURYQDQtVRVWUHGRPVQtPN\9LQHWiFLDP{åH]DPHUDĢ
SR]RUQRVĢQDREMHNW\NWRUpVDQDFKiG]DM~YVWUHGHVQtPN\
:KLWHEDODQFH9\YiåHQLHELHOHMIDUHEQpY\YtåHQLH
1DVWDYHQLHLQWHQ]LW\IDULHE]Y\þDMQHKODYQpIDUE\þHUYHQHM
]HOHQHMDPRGUHMQDVQtPNH&LHĐRPQDVWDYHQLDY\YiåHQLDELHOHM
IDUE\DOHERIDUHEQpKRY\YiåHQLDMHVSUiYQHSRVN\WQXWLHIDULHEQD
VQtPNH
3UtORK\
6SUiYQDOLNYLGiFLDEDWpULt]WRKWRYêURENX
6SUiYQDOLNYLGiFLDWRKWRYêURENX
2GSDGRYpHOHNWULFNpDHOHNWURQLFNp
Y\EDYHQLH
3ODWtY(XUySVNHM~QLLDYLQêFKHXUySVN\FKNUDMLQiFKVR
VDPRVWDWQêPV\VWpPRPYUiWHQLDEDWpULH
3ODWtYNUDMLQiFK(XUySVNHM~QLHDYRVWDWQêFKHXUySVN\FK
NUDMLQiFKVRV\VWpPRPRGGHOHQpKR]EHUXRGSDGX
7RWRR]QDþHQLHQDYêURENXSUtVOXãHQVWYHDYGRNXPHQWiFLL
R]QDþXMHåHWHQWRYêURERNDMHKRHOHNWURQLFNpSUtVOXãHQVWYR
QDSUQDEtMDþNDVO~FKDGOiDNiEHO86%QHVPLHE\ĢSRVNRQþHQt
åLYRWQRVWLOLNYLGRYDQêY]PLHãDQRPRGSDGH]GRPiFQRVWL3UH
RFKUDQXåLYRWQpKRSURVWUHGLDDĐXGVNpKR]GUDYLDSUHGQHULDGHQêP
]DREFKiG]DQtPVRGSDGPLOLNYLGXMWHWLHWRYêUREN\RGGHOHQHRG
RVWDWQêFKGUXKRYRGSDGXDLFKUHF\NOiFLRXXPRåQLWHXGUåDWHĐQê
UR]YRMY\XåLWLDSUtURGQêFK]GURMRY'RPiFQRVWLVDP{åXREUDFDĢQD
SUHGDMFXNGHEROYêURERN]DN~SHQêDOHERQDVYRMHPLHVWQH~UDG\
NWRUpLPSRVN\WQ~LQIRUPiFLXRPRåQRVWLDFKRGGHOHQpKR]EHUX
DUHF\NOiFLHHOHNWURQLFNpKRRGSDGX3URIHVLRQiOQLSRXåtYDWHOLD
VDPXVLDREUiWLĢQDVYRMLFKGRGiYDWHĐRYDSRVWXSRYDĢSRGĐD
XVWDQRYHQtN~SQHM]POXY\7HQWRYêURERNDMHKRHOHNWURQLFNp
SUtVOXãHQVWYRE\QHPDOLE\ĢOLNYLGRYDQpNLQêPNRPHUþQêP
RGSDGRP
7RWRR]QDþHQLHQDEDWpULLYSUtUXþNHDOHERQDEDOHQtR]QDþXMH
åHEDWpULHYWRPWRYêURENXSRXSO\QXWtLFKåLYRWQRVWLQHVPLHWH
OLNYLGRYDĢVRVWDWQêPGRPiFLPRGSDGRP3UtSDGQpR]QDþHQLH
FKHPLFNêPLV\PEROPL+J&GDOHER3ER]QDþXMHåHEDWpULD
REVDKXMHRUWXĢNDGPLXPDOHERRORYRYNRQFHQWUiFLiFK
SUHVDKXM~FLFK~URYQHHXUySVNHMVPHUQLFH(6$NQLHV~
WDNpEDWpULHOLNYLGRYDQpVSUiYQHLFKREVDKEXGHPDĢQHSULD]QLYê
YSO\YQDĐXGVNp]GUDYLHDåLYRWQpSURVWUHGLH
3UHRFKUDQXSUtURGQpKRSURVWUHGLDDXPRåQHQLHUHF\NOiFLHVXURYtQ
OLNYLGXMWHEDWpULHRGGHOHQHRGRVWDWQpKRRGSDGXDUHF\NOXMWHLFK
SURVWUHGQtFWYRPPLHVWQHKRV\VWpPX]EHUXEDWpULtNWRUêMH]GDUPD
3URJUDP3ODQHW)LUVWSUHGVWDYXMH]iYl]RN
VSRORþQRVWL6DPVXQJ(OHFWURQLFVNWUYDOR
XGUåDWHĐQpPXUR]YRMXDVRFLiOQHM]RGSRYHGQRVWL
SURVWUHGQtFWYRPHNRORJLFN\ULDGHQêFKREFKRGQêFK
DULDGLDFLFKþLQQRVWt
3UtORK\
5HJLVWHU
Correct
A
ACB
YUHåLPHSUHKUiYDQLD
YUHåLPHVQtPDQLD
$XWRPDWLFNpY\YiåHQLH
NRQWUDVWX$&%
$XWRSRUWUpW
C
E
ýHUYHQpRþL
([SR]tFLD
YUHåLPHSUHKUiYDQLD
YUHåLPHVQtPDQLD
%DWpULD
'HWHNFLDWYiUH
$XWRPDWLFN\
ýHUYHQpRþL
3RPDOiV\QFKURQL]iFLD
5HGXNFLDþHUYHQêFKRþt
9\SQXWp
9\URYQiYDFt
)RWRJUD¿FNpãWêO\
'LVSOHM
2EMHNWtY
7HORIRWRDSDUiWX
D
%OHVN
)RUPiW
ýLVWHQLH
B
1DEtMDQLH
7HFKQLFNp~GDMH
F
&K\ERYpKOiVHQLD
YUHåLPHSUHKUiYDQLD
YUHåLPHVQtPDQLD
,QWHOOLVWXGLR
J
-DVGLVSOHMD
-DVWYiUH
)UHNYHQFLDVQtPDQLD
K
)XQNþQpWODþLGOR
.RQWUROND$)
.YDOLWDIRWRJUD¿t
H
$XWRSRUWUpW
'HWHNFLDåPXUNQXWLD
1RUPiOQD
6QtPND~VPHYX
+ODVLWRVĢ
M
+ODVRYiSR]QiPND
0DNUR
3UHKUiYDQLH
=i]QDP
'HWHNFLDåPXUNQXWLD
'LJLWiOQDVWDELOL]iFLDREUD]X
31
'LJLWiOQ\WUDQVIRNiWRU
DPOF 63
,QWHOLJHQWQêDXWRPDWLFNê
UHåLP
I
,NRQ\
,QWHOLJHQWQêDOEXP
3UtORK\
0D]DQLHV~ERURY
0HUDQLH
%RGRYp
6WUHGRYRY\YiåHQp
9LDFERGRYp
0-3(*-3(*YSRK\EH
94
5HJLVWHU
N
1DVWDYHQLD
'LVSOHM
)RWRDSDUiW
3UtVWXS
=YXN
1DVWDYHQLHGiWXPXþDVX
1DYLJDþQpWODþLGOR
1HGRNRQDORVWLWYiUH
5*%WyQ
YUHåLPHSUHKUiYDQLD
YUHåLPHVQtPDQLD
3RSLVIXQNFLH
3RUDGLHWODþH
5R]OtãHQLH
3UHQRVV~ERURY
6QtPND
9LGHR
SUH0DF
SUH:LQGRZV
5êFKORVĢ,62
3UH]HQWiFLD
2EODVĢRVWUHQLD
2VWUHQLHQDVWUHG
9LDFERGRYp$)
5HåLP',6
2WRþHQLH
5HåLPVQtPDQLD
2WUDV\IRWRDSDUiWX
P
3DPlĢRYiNDUWD
7ODþVQtPRN
7\SGLVSOHMD
6pULD
5HåLP6FpQD
7ODþLGORWUDQVIRNiWRUD
7\SGiWXPX
5HåLPSUHKUiYDQLD
2GSRMHQLH]DULDGHQLD
7ODþLGORSUHKUiYDQLD
6DPRVS~ãĢ
5HåLP)LOP
5HåLP3URJUDP
7ODþLGOR0(18
S
6DPRVS~ãĢVGHWHNFLRX
SRK\EX
2FKUDQDV~ERURY
T
7UDQVIRNiFLD
R
O
9LGHR
5HåLP6QtPNDVUHWXãRX
KDSDFLWD
3RORYLþQpVWODþHQLH
KRQ]RODDXWRPDWLFNHM
H[SR]tFLH$(%
6HNYHQþQp
=DFK\WHQLHSRK\EX
',6
)LOP
,QWHOLJHQWQHDXWRPDWLFN\
3URJUDP
6FpQD
6HUYLVQpVWUHGLVNR
6QtPND~VPHYX
6WOPHQLH
)RWRDSDUiW
3UtORK\
U
ÒGUåED
8NiåND
8SUDYHQLH
-DV
KRQWUDVW
v režime prehrávania 62
v režime snímania 51
2VWURVĢ
6êWRVĢ
5HJLVWHU
v režime prehrávania 62
v režime snímania 51
0DNUR
1RUPiOQH$)
ÒSUDY\
ÒSUDY\REUD]X
$&%
MDV
NRQWUDVW
SULGDQLHãXPX
UHGXNFLDþHUYHQêFKRþt
UHWXãWYiUH
VêWRVĢ
ÒYRGQêREUi]RN
V
9LGHR
3UHKUiYDQLH
=i]QDP
Z
=DFK\WHQLHVQtPN\]YLGHD
59
=i]QDP
+ODVRYiSR]QiPND
9LGHR
=GURMVYHWODY\YiåHQLH
ELHOHM
=PHQDYHĐNRVWL
=REUD]HQLHV~ERURY
DNRPLQLDW~U\
QD79
SRGĐDNDWHJyULt
3UH]HQWiFLD
9LGHRYêVWXS
=YlþãHQLH
9ORåLĢSHþLDWNX
=YXN$)
9\QXORYDĢ
9\YiåHQLHELHOHM
9]GLDOHQRVĢRVWUHQLD
3UtORK\
Informácie ohľadom podpory výrobku a možnosti vznesenia
ďalších otázok nájdete v záručnom liste, ktorý ste dostali pri
kúpe, alebo na stránkach http://www.samsung.com.