53 - Immergas

:%533UPERIOR
K7K7K7
&4
.BOVBMEFJOTUSVDDJPOFT
ZBEWFSUFODJBT
)6
)BT[OÈMBUJVUBTÓUÈT
ÏTmHZFMNF[UFUÏTFL
1-
1PESŝD[OJLPCT’VHJ
XSB[[JOTUSVLDKBNJ
36
«ÎÅɽɿÌͽÉÊÉ
ØÅÌÊÆλͻÑÃÃ
*&
*OTUSVDUJPOCPPLMFU
BOEXBSOJOH
#(
͆ͪͻ΅΂͸ͳ͵ͳ͸ͼͽͻ;͵΁ͳͳ
ͳͺͻͰͬͰ͸ͽͳͬ͸ͳͷͰͻ͵ͳ
$;
4*
/ÈWPELQPVäJUÓBVQP[PSOŚOÓ
1SJSPŗOJL[OBWPEJMJ
JOPQP[PSJMJ
Stránka 2 z 62
Stránka 3 z 62
&4
"QSFDJBEP$MJFOUF
'FMJDJUBDJPOFT QPS IBCFS FMFHJEP *NNFSHBT
&TUB DBMEFSB FT VO QSPEVDUP EF BMUB DBMJEBE
RVF MF HBSBOUJ[B NVDIPT BÒPT EF CJFOFTUBS Z
TFHVSJEBE 6TUFE QPESÃ DPOUBS DPO FM BQPZP EF
VO 4FSWJDJP "VUPSJ[BEP EF "TJTUFODJB 5ÊDOJDB
êBCMFZBDUVBMJ[BEPDBQB[EFNBOUFOFSDPOTUBOUF
MB FGJDJFODJB EF MB DBMEFSB -FB BUFOUBNFOUF
FTUF NBOVBM EF JOTUSVDDJPOFT EF VTP 1PEFNPT
BTFHVSBSMF RVF TJ MBT DVNQMF FTUBSÃ UPUBMNFOUF
TBUJTGFDIPDPOFMQSPEVDUP
%JSÎKBTFZBBTV$FOUSP"VUPSJ[BEPEF"TJTUFODJB
5ÊDOJDB NÃT DFSDBOP QBSB QFEJS MB WFSJGJDBDJÓO
JOJDJBMEFGVODJPOBNJFOUP/VFTUSPUÊDOJDPWFSJê
DBSÃFMGVODJPOBNJFOUPFGFDUVBSÃMBTSFHVMBDJPOFT
OFDFTBSJBTZMFNPTUSBSÃDÓNPVUJMJ[BSFMHFOFSBEPS
4JOFDFTJUBFGFDUVBSSFQBSBDJPOFTPNBOUFOJNJFOUP
PSEJOBSJP EJSÎKBTF B VOP EF OVFTUSPT $FOUSPT
"VUPSJ[BEPT*NNFSHBTRVFEJTQPOFOEFUÊDOJDPT
BMUBNFOUFFTQFDJBMJ[BEPTZSFDBNCJPTPSJHJOBMFT
"EWFSUFODJBTHFOFSBMFT
&TUFNBOVBMEFJOTUSVDDJPOFTFTQBSUFJOUFHSBOUFZ
FTFODJBMEFMQSPEVDUPZEFCFFOUSFHBSTFBMVTVBSJP
JODMVTPFODBTPEFDBNCJPEFQSPQJFEBE%FCFSÃ
DPOTFSWBSTF DPO DVJEBEP Z DPOTVMUBSTF BUFOUB
NFOUFQPSRVFDPOUJFOFJOEJDBDJPOFTEFTFHVSJEBE
JNQPSUBOUFT QBSB MBT GBTFT EF JOTUBMBDJÓO VTP Z
NBOUFOJNJFOUP-BJOTUBMBDJÓOZFMNBOUFOJNJFOUP
EFCFOTFSFGFDUVBEPTQPSQFSTPOBMDVBMJêDBEPRVF
QPTFB MB DPNQFUFODJB UÊDOJDB RVF FYJHF MB MFZ Z
BQMJRVFMBTOPSNBTWJHFOUFTZMBTJOTUSVDDJPOFTEFM
GBCSJDBOUF6OBJOTUBMBDJÓOJODPSSFDUBQVFEFDBVTBS
BQFSTPOBTBOJNBMFTZDPTBTEBÒPTEFMPTRVFFM
GBCSJDBOUF OP FT SFTQPOTBCMF &M NBOUFOJNJFOUP
SFRVJFSF QFSTPOBM UÊDOJDP BVUPSJ[BEP &M 4FSWJDJP
"VUPSJ[BEPEF"TJTUFODJB5ÊDOJDB*NNFSHBTFTHB
SBOUÎBEFDVBMJêDBDJÓOZQSPGFTJPOBMJEBE-BDBMEFSB
EFCFVUJMJ[BSTFTÓMPQBSBMPTêOFTQBSBMPTRVFIB
TJEPQSPZFDUBEB$VBMRVJFSPUSPVTPTFDPOTJEFSB
JOBEFDVBEPZQPSUBOUPQFMJHSPTP&MGBCSJDBOUFTF
FYJNF EF UPEB SFTQPOTBCJMJEBE DPOUSBDUVBM P OP
DPOUSBDUVBM Z MB HBSBOUÎB RVFEB BOVMBEB FO DBTP
EF FSSPSFT EF JOTUBMBDJÓO VTP P NBOUFOJNJFOUP
EFCJEPTBMJODVNQMJNJFOUPEFMBOPSNBUÊDOJDBP
MBTJOTUSVDDJPOFTEFMNBOVBMPEFMGBCSJDBOUF1BSB
PCUFOFS NÃT JOGPSNBDJÓO TPCSF MB JOTUBMBDJÓO EF
MPTHFOFSBEPSFTEFDBMPSDPOGVODJPOBNJFOUPBHBT
DPOTVMUFMBQÃHJOBEF*NNFSHBT
XXXJNNFSHBTDPN
%&$-"3"$*¶/$&%&$0/'03.*%"%
%FDPOGPSNJEBEDPOMB%JSFDUJWBHBT$&MB
%JSFDUJWB&.$$&MB%JSFDUJWBSFOEJNJFO
UPT$&ZMB%JSFDUJWB#BKB5FOTJÓO$&
&MGBCSJDBOUF*NNFSHBT4Q"W$JTB-JHVSFOž
#SFTDFMMP3&
%&$-"3" 26& MBT DBMEFSBT *NNFSHBT NPEFMP
;FVT4VQFSJPSL8L8L8
TPODPOGPSNFTBUBMFT%JSFDUJWBT$PNVOJUBSJBT
%JSFDUPSEF*OWFTUJHBDJÓOZ%FTBSSPMMP
.BVSP(VBSFTDIJ
'JSNB
1-
4[BOPXOZ,MJFODJF
(SBUVMVKFNZ XZCPSV XZTPLJFK KBLPǧDJ QSPEVLUV
*NNFSHBTLUÓSZNPǻF[BQFXOJǀ
1BǝTUXV EPCSF TBNPQPD[VDJF J CF[QJFD[FǝTUXP
+BLP,MJFODJNPǻFDJF1BǝTUXP[BXT[F
MJD[Zǀ OB QPNPD XZLXBMJêLPXBOFHP QFSTPOFMV
BVUPSZ[PXBOFHPTFSXJTVUFDIOJD[OFHP
E[JNjLJD[FNVCNjE[JFDJF[BXT[FQFXOJOJF[BXPEOPǧDJ
LPUB
1SPT[Nj[BQP[OBǀTJNjVXBǻOJF[OJOJFKT[ƾJOTUSVLDKƾ
.PǻOB X OJFK [OBMFǺǀ QS[ZEBUOF XTLB[ÓXLJ
EPUZD[ƾDFQSBXJEPXFHPVǻZULPXBOJBVS[ƾE[FOJB
LUÓSZDIQS[FTUS[FHBOJF[BQFXOJǻF[BXT[F
C NjE[JFDJF [BEPXPMFOJ [ QSP EVLUV G JSNZ
*NNFSHBT
1SPT[Nj[XSÓDJǀTJNjEPMPLBMOFHPBVUPSZ[PXBOFHP
QVOLUV TFSXJTPXFHP [ QSPǧCƾ P EPLPOBOJF
XTUNjQOFKLPOUSPMJE[JBBOJB/BT[UFDIOJLTQSBXE[J
XBSVOLJE[JBBOJBEPLPOBXZNBHBOZDISFHVMBDKJJ
[BEFNPOTUSVKFXBǧDJXZTQPTÓCFLTQMPBUBDKJ
HFOFSBUPSB
8 SB[JF LPOJFD[OPǧDJ OBQSBXZ MVC [XZLZDI
QSBD LPOTFS XBDZKOZDI OBMFǻZ [XSÓDJǀ TJNj
EPBVUPSZ[PXBOZDI QVOLUÓX TFSXJTPXZDI êSNZ
*NNFSHBTEZTQPOVKƾPOFPSZHJOBMOZNJD[NjǧDJBNJ
[BNJFOOZNJ B QFSTPOFM [PTUB QS[FT[LPMPOZ QPE
CF[QPǧSFEOJNOBE[PSFNLPOTUSVLUPSB
6XBHJPHÓMOF
/JOJFKT[BJOTUSVLDKBPCTVHJTUBOPXJJOUFHSBMOƾD[Njǧǀ
QSPEVLUVJQPXJOOBCZǀQS[FLB[BOBVǻZULPXOJLPXJ
SÓXOJFǻXQS[ZQBELVQS[FOJFTJFOJBXBTOPǧDJ
/BMFǻZTJNj[OJƾVXBǻOJF[BQP[OBǀJ[BDIPXBǀOB
QS[ZT[Pǧǀ QPOJFXBǻ [BXJFSB XBǻOF XTLB[ÓXLJ
EPUZD[ƾDF CF[QJFD[FǝTUXB JOTUBMBDKJ FLTQMPBUBDKJ
JLPOTFSXBDKJ
*OTUBMBDKB J LPOTFSXBDKB QPXJOOZ CZǀ XZLPOBOF
[HPEOJF [ PCPXJƾ[VKƾDZNJ OPSNBNJ XFEVH
JOTUSVLDKJ QSPEVDFOUB J QS[F[ XZLXBMJGJLPXBOZ
QFSTPOFM UK PTPCZ QPTJBEBKƾDF LPOLSFUOƾ XJFE[Nj
UFDIOJD[Oƾ[[BLSFTVJOTUBMBDKJ
/JFXBǧDJXBJOTUBMBDKBNPǻFTQPXPEPXBǀPCSBǻFOJB
V MVE[J J [XJFS[ƾU B UBLǻF T[LPEZ NBUFSJBMOF
[B LUÓSF QSPEVDFOU OJF CNjE[JF QPOPTJ ǻBEOFK
PEQPXJFE[JBMOPǧDJ
1SBDFLPOTFSXBDZKOFNVT[ƾCZǀXZLPOZXBOFQS[F[
XZLXBMJêLPXBOFHPUFDIOJLBBBVUPSZ[PXBOZQVOLU
TFSXJTPXZêSNZ*NNFSHBTEBKFXUBLJNQS[ZQBELV
HXBSBODKNjLXBMJêLBDKJJQSPGFTKPOBMJ[NV
6S[ƾE[FOJFNPǻOBTUPTPXBǀKFEZOJFEPDFMÓXEP
KBLJDI[PTUBPQS[FXJE[JBOF8T[FMLJF
JOOF [BTUPTPXBOJB Tƾ VXBǻBOF [B OJFXBǧDJXF J
NPHƾCZǀOJFCF[QJFD[OF
8 SB[JF OJFXBǧDJXFK JOTUBMBDKJ FLTQMPBUBDKJ MVC
LPOTFSXBDKJ XZOJLBKƾDZDI [ OJFQS[FTUS[FHBOJB
PCPXJƾ[VKƾDZDI QS[FQJTÓX UFDIOJD[OZDI OPSN
MVC OJOJFKT[ZDI JOTUSVLDKJ MVC JOOZDI JOTUSVLDKJ
QSPEVDFOUB
QSPEVDFOUOJFCNjE[JFQPOPTJǻBEOFK
PEQPXJFE[JBMOPǧDJ VNPXOFK BOJ JOOFK [ UZUVV
FXFOUVBMOZDI T[LÓE B HXBSBODKB VS[ƾE[FOJB
XZHBTB 8JNjDFK JOGPSNBDKJ OB UFNBU JOTUBMBDKJ
HB[PXZDI HFOFSBUPSÓX DJFQB NPǻOB [OBMFǺǀ
OB TUSPOJF JOUFSOFUPXFK GJSNZ *NNFSHBT QPE
OBTUNjQVKƾDZNBESFTFNXXXJNNFSHBTDPN
%&,-"3"$+";(0%/0Ʀ$*$&
;HPEOJF [ %ZSFLUZXƾ P HB[JF 8&
%ZSFLUZXƾ &.$ 8& %ZSFLUZXƾ X
TQSBXJF XZEBKOPǧDJ 8& J %ZSFLUZXƾ
OJTLPOBQJNjDJPXƾ8&
1SPEVDFOU*NNFSHBT4Q"W$JTB-JHVSFOS
#SFTDFMMP3&
*..&3("4)JTQBOJB4"
$$PNBSRVFT1BJT7BMFODJÆ
r$USB/***LNr"QEP
26"35%&10#-&57BMFODJB
5FMr'BY
&NBJMJNNFSHBT!JNNFSHBTIDPNrXXX
JNNFSHBTIDPN
0Ʀ8*"%$;"ƺ&LPUZ*NNFSHBTNPEFM
;FVT4VQFSJPSL8L8L8
Tƾ[HPEOF[UZNJ%ZSFLUZXBNJ6OJKOZNJ
%ZSFLUPSE[JBV#BEBǝ3P[XPKV
.BVSP(VBSFTDIJ
1PEQJT
%FMFHBDJÓO.BESJE
D&NCBKBEPSFTCBKP
."%3*%
5FMr'BY
Stránka 4 z 62
$;
7ÃßFOÝ[ÃLB[OÎLV
CMBIPQǥFKFNF7ÃNL[BLPVQFOÎWZTPDFLWBMJUOÎIP
WÝSPCLVêSNZ*NNFSHBTLUFSÝ7ÃNOBEMPVIPV
EPCV[BKJTUÎTQPLPKFOPTUBCF[QFǁÎ+BLP[ÃLB[OÎL
GJSNZ *NNFSHBT TF NDzßFUF [B WØFDI PLPMOPTUÎ
TQPMFIOPVU OB PECPSOÝ TFSWJT GJSNZ LUFSÝ KF
WßEZEPLPOBMFQǥJQSBWFO[BSVǁJU7ÃNTUÃMÝWÝLPO
7BØFIPLPUMF
1ǥFǁULJUFTJQP[PSOLJOÃTMFEVKÎDÎTUSÃOLZNDzßFUFW
OJDIOBKÎUVßJUFǁOÊSBEZLFTQSÃWOÊNVQPVßÎWÃOÎ
QǥÎTUSPKFKFKJDIßEPESßPWÃOÎ7ÃN[BKJTUÎKFØULJWLJUØÎ
TQPLPKFOPTUTWÝSPCLFN*NNFSHBTV
/BWØUJWUFWǁBTOÃØPCMBTUOÎTFSWJTBßÃEFKUFÙWPEOÎ
QǥF[LPVØFOÎDIPEVLPUMF/ÃØUFDIOJLPWLJǥÎTQSÃWOÊ
QPENÎOLZQSPWP[VQSPWFEFOF[CZUOPVSFHVMBDJLB
MJCSPWÃOÎBWZTWLJUMÎ7ÃNTQSÃWOÊQPVßÎWÃOÎLPUMF
7QǥÎQBELJOVUOÝDIPQSBWBCLJßOÊÙESßCZTFWßEZ
PCSBDFKUF OB TDIWÃMFOÊ PECPSOÊTFSWJTZ GJSNZ
*NNFSHBTQSPUPßFQPV[FUZUPTFSWJTZNBKÎLEJT
QP[JDJ TQFDJÃMOLJ WZØLPMFOÊUFDIOJLZ B PSJHJOÃMOÎ
OÃISBEOÎEÎMZ
7ØFPCFDOÃVQP[PSOLJOÎ
/ÃWPELQPVßJUÎKFOFEÎMOPVBEDzMFßJUPVTPVǁÃTUÎ
WÝSPCLV B NVTÎ CÝU QǥFEÃO VßJWBUFMJ J W QǥÎQBELJ
KFIPEBMØÎIPQSPEFKF
/ÃWPEKFUǥFCBQP[PSOLJQSPǁÎTUBQFǁMJWLJVTDIPWBU
QSPUPßF WØFDIOB VQP[PSOLJOÎ PCTBIVKÎ EDzMFßJUÊ
JOGPSNBDFQSP7BØJCF[QFǁOPTUWFGÃ[JJOTUBMBDFJ
QPVßÎWÃOÎBÙESßCZ
*OTUBMBDJBÙESßCVTNÎQSPWÃELJUWTPVMBEVTQMBU
OÝNJ OPSNBNJ B QPEMF QPLZODz WÝSPCDF QPV[F
PECPSOLJWZØLPMFOÝQSBDPWOÎLLUFSÝNTFWUPNUP
QǥÎQBELJSP[VNÎQSBDPWOÎLTPECPSOPVUFDIOJDLPV
LWBMJêLBDÎWPCPSVULJDIUPTZTUÊNDz
$IZCOÃ JOTUBMBDF NDzßF [QDzTPCJU ØLPEZ PTPCÃN
[WÎǥBUDzNOFCPOBWLJDFDI[BLUFSÊWÝSPCDFOFPE
QPWÎEÃ ¼ESßCV CZ NLJMJ WßEZ QSPWÃELJU PECPSOLJ
WZØLPMFOÎ PQSÃWOLJOÎ QSBDPWOÎDJ ;ÃSVLPV LWBMJ
êLBDFBPECPSOPTUJKFWUPNUPQǥÎQBELJTDIWÃMFOÊ
TFSWJTOÎTUǥFEJTLPêSNZ*NNFSHBT
1ǥÎTUSPKTFTNÎQPVßÎWBUQPV[FLÙǁFMVLFLUFSÊNV
CZMWÝTMPWOLJVSǁFO,BßEÊKJOÊQPVßJUÎTFQPWBßVKF
[BOFWIPEOÊBUFEZOFCF[QFǁOÊ
/BDIZCZWJOTUBMBDJQSPWP[VOFCPÙESßCLJLUFSÊ
KTPV[QDzTPCFOZOFEPESßFOÎNQMBUOÝDIUFDIOJDLÝDI
[ÃLPODzOPSFNBQǥFEQJTDzVWFEFOÝDIWUPNUPOÃWP
EV OFCP QPTLZUOVUÝDI WÝSPCDFN
TF W ßÃEOÊN
QǥÎQBELJ OFW[UBIVKF TNMVWOÎ BOJ NJNPTNMVWOÎ
PEQPWLJEOPTUWÝSPCDF[BQǥÎQBEOÊØLPEZBQǥÎTMVØOÃ
[ÃSVLBOBQǥÎTUSPK[BOJLÃ
%BMØÎ JOGPSNBDF P JOTUBMBDJ UFQFMOÝDI QMZOPWÝDI
HFOFSÃUPSDzOBKEFUFOBUÊUPXFCPWÊBESFTFQPEOJLV
*NNFSHBTXXXJNNFSHBTDPN
130)-¦»&/±04)0%Ɔ&6
7F TNZTMV 4NLJSOJDF QSP TQPUǥFCJǁF QMZOOÝDI
QBMJW &4 4NLJSOJDF P FMFLUSPNBHOFUJDLÊ
LPNQBUJCJMJULJ &)4 4NLJSOJDF P ÙǁJOOPTUJ
&4B4NLJSOJDFQSPFMFLUSJDLÃ[BǥÎ[FOÎOÎ[LÊIP
OBQLJUÎ&4
7ÝSPCDF*NNFSHBT4Q"W$JTB-JHVSFOž
#SFTDFMMP3&
130)-"»6+&Â&LPUMF*NNFSHBTNPEFM
;FVT4VQFSJPSL8L8L8
PEQPWÎEBKÎ VWFEFOÝN TNLJSOJDÎN &WSPQTLÊIP
TQPMFǁFOTUWÎ
ƤFEJUFMWÝ[LVNVBWÝWPKF
.BVSP(VBSFTDIJ
1PEQJT
&4
1-
*/45"-"$*¶/%&-"$"-%&3"
"%7&35&/$*"41"3"-"*/45"-"$*¶/
-BDBMEFSB;FVTL8IBTJEPGBCSJDBEBÙOJDBNFOUF
QBSBTFSNPOUBEBFOQBSFEDPNPBQBSBUPQBSBDBMF
GBDDJÓOEFBNCJFOUFZQSPEVDDJÓOEFBHVBDBMJFOUF
TBOJUBSJBFOBNCJFOUFTEPNÊTUJDPTZBêOFT
-B QBSFE EFCF TFS MJTB FT EFDJS TJO TBMJFOUFT OJ
FOUSBOUFT RVF QFSNJUBO TV BDDFTP EFTEF MB QBSUF
QPTUFSJPS&TUBTDBMEFSBTOPIBOTJEPQSPZFDUBEBT
QBSBJOTUBMBSTFTPCSF[ÓDBMPPEJSFDUBNFOUFTPCSF
FMTVFMP'JH
-BDMBTJêDBDJÓOEFMBDBMEFSBEFQFOEFEFMUJQPEF
JOTUBMBDJÓODPODSFUBNFOUF
$BMEFSBUJQP#DVBOEPFMUFSNJOBMEFBTQJSB
DJÓOEFBJSFUPNBÊTUFEJSFDUBNFOUFEFMMVHBSEF
FNQMB[BNJFOUPEFMBDBMEFSB
$BMEFSBUJQP$DVBOEPQBSBMBBTQJSBDJÓOEFBJSF
ZFYQVMTJÓOEFIVNPTTFVUJMJ[BOUVCPTDPODÊO
USJDPTPEFPUSPTUJQPTBENJUJEPTQBSBDBMEFSBT
EFDÃNBSBFTUBODB
-BTDBMEFSBT*NNFSHBTEFCFOTFSJOTUBMBEBTÙOJDB
NFOUFQPSUÊDOJDPTEFDBMFGBDDJÓODVBMJêDBEPT
-B JOTUBMBDJÓO EFCF MMFWBSTF B DBCP QSPGFTJPOBM
NFOUF DPO BSSFHMP B MBT MFZFT Z OPSNBT UÊDOJDBT
MPDBMFTWJHFOUFT
&O DBTP EF BMJNFOUBDJÓO DPO (-1 MB JOTUBMBDJÓO
EFMBDBMEFSB;FVT4VQFSJPSL8EFCFDVNQMJSMPT
SFHMBNFOUPTQBSBHBTFTDVZBEFOTJEBEFTNBZPSBMB
EFMBJSFNFSBNFOUFBUÎUVMPEFFKFNQMPFOOJOHÙO
DBTPFYIBVTUJWPTFSFDVFSEBRVFFTUÃOQSPIJCJEBT
MBTJOTUBMBDJPOFTBMJNFOUBEBTDPOMPTDJUBEPTHBTFT
FOMPDBMFTDVZPOJWFMEFTVFMPTFBJOGFSJPSBMOJWFM
FYUFSOPNFEJPEFDBNQP
"OUFT EF JOTUBMBS VOB DBMEFSB TF SFDPNJFOEB
WFSJêDBS TV JOUFHSJEBE "OUF DVBMRVJFS QSPCMFNB
DPOUBDUF JONFEJBUBNFOUF DPO FM QSPWFFEPS -PT
FMFNFOUPTEFMFNCBMBKFHSBQBTDMBWPTCPMTBTEF
QMÃTUJDP QPMJFTUJSFOP FYQBOEJEP FUD
OP EFCFO
EFKBSTFBMBMDBODFEFMPTOJÒPTZBRVFTPOGVFOUFT
EFQFMJHSP
4JMBDBMEFSBTFJOTUBMBEFOUSPEFVONVFCMFPFOUSF
EPTNVFCMFTIBZRVFEFKBSFTQBDJPQBSBFMNBOUF
OJNJFOUPDNFOUSFMBDBSDBTBEFMBDBMEFSBZMBT
QBSFEFTEFMNVFCMF
1PS FODJNB EF MB DBMEFSB EFCF EFKBSTF FTQBDJP
TVêDJFOUF QBSB QPEFS SFBMJ[BS MBT DPOFYJPOFT EF
UPNBFWBDVBDJÓOEFBJSFIVNPT1PSEFCBKPEFMB
DBMEFSBEFKBSBMNFOPTDNQBSBMBTVTUJUVDJÓOEFM
ÃOPEPEFNBHOFTJP
/PEFKBSPCKFUPTJOëBNBCMFTQBQFMUSBQPTQMÃTUJDP
QPMJFTUJSFOPFUD
DFSDBEFMBDBMEFSB
4FSFDPNJFOEBOPDPMPDBSFMFDUSPEPNÊTUJDPTCBKP
MBDBMEFSBQVFTQPESÎBOSFTVMUBSEBÒBEPTTJBDUÙB
MBWÃMWVMBEFTFHVSJEBEBNFOPTRVFFTUÊDPOFD
UBEBBMEFTBHÛF
PUBNCJÊOFOFMDBTPEFQÊSEJEBT
EF MBT DPOFYJPOFT TJ FTUB SFDPNFOEBDJÓO OP FT
TFHVJEB FM GBCSJDBOUF OP QPESÃ TFS DPOTJEFSBEP
SFTQPOTBCMF EF MPT QPTJCMFT EBÒPT DBVTBEP B MPT
FMFDUSPEPNÊTUJDPT
&O DBTP EF BOPNBMÎBT GBMMPT P EFTQFSGFDUPT IBZ
RVF EFTBDUJWBS MB DBMEFSB Z MMBNBS B VO UÊDOJDP
BVUPSJ[BEPQPSFKFNQMPBVO$FOUSP"VUPSJ[BEP
EF"TJTUFODJB5ÊDOJDB*NNFSHBTRVFEJTQPOFEFMB
EFCJEBDBQBDJUBDJÓOQSPGFTJPOBMZEFSFDBN
$;
*/45"-"$+"
,05Š"
68"(*%05:$;Ž$&*/45"-"$+*
,PUZ ;FVT 4VQFSJPS L8 [PTUBZ [BQSPKFLUPXBOF
XZƾD[OJFKBLPLPUZOBǧDJFOOFNPǻOBKFTUPTPXBǀ
EPPHS[FXBOJBPSB[EPXZUXPS[FOJBDJFQFKXPEZ
TBOJUBSOFK EP VǻZULV EPNPXFHP J QPEPCOZDI
DFMÓX
ƦDJBOBQPXJOOBCZǀHBELBQP[CBXJPOBXZQVTUFL
JXHNjCJFǝPSB[QPXJOOB
VNPǻMJXJBǀEPTUNjQEPUZMOFKD[NjǧDJLPUB1SPKFLU
LPUÓXOJFQP[XBMBOBJDIJOTUBMBDKNjOBQPETUBXJF
BOJOBQPEPE[F3ZT
; NJFOJBKƾD UZQ NPOU BǻV VMFHB [NJBOJF
[BLXBMJêLPXBOJFLPUBXT[D[FHÓMOPǧDJ
,PDJP UZQV # [BJOTUBMPXBOZ QS[Z VǻZDJV
TUPTPXOFK LPǝDÓXLJ [BTZTBKƾDFK QPXJFUS[F
CF[QPǧSFEOJP [ QPNJFT[D[FOJB X LUÓSZN KFTU
[BNPOUPXBOZLPDJP
,PDJP UZQV $ [BJOTUBMPXBOZ QS[Z VǻZDJV
QS[FXPEVLPODFOUSZD[OFHPMVCJOOFHPSPE[BKV
QS[FXPEÓX[BTZTBOJBQPXJFUS[BJPEQSPXBE[BOJB
TQBMJO QS[F[OBD[POZDI EP NPOUBǻV LPUÓX
LPOEFOTBDZKOZDI
+FEZOJFXZLXBMJêLPXBOZUFDIOJLIZESBVMJLNPǻF
EPLPOBǀ JOTUBMBDKJ VS[ƾE[Fǝ HB[PXZDI GJSNZ
*NNFSHBT
*OTUBMBDKNj OBMFǻZ XZLPOBǀ [HPEOJF [ OPSNBNJ
PCPXJƾ[VKƾDZN QSBXFN MPLBMOZNJ QS[FQJTBNJ
UFDIOJD[OZNJPSB[[HPEOJF[
OBKMFQT[ƾXJFE[ƾUFDIOJD[Oƾ
.POUBǻLPUB;FVT4VQFSJPSL8[BTJMBOFHPHB[FN
-1( QPXJOJFO TQFOJBǀ QS[FQJTZ EPUZD[ƾDF HB[V
P HNjTUPǧDJ QS[FLSBD[BKƾDFK HNjTUPǧǀ QPXJFUS[B QS[ZLBEPXP QS[ZQPNJOB TJNj ǻF NPOUBǻ UFHP
UZQVVS[ƾE[FǝKFTU[BCSPOJPOZXQPNJFT[D[FOJBDI
LUÓSZDI QPEPǻF [OBKEVKF TJNj QPOJǻFK ǧSFEOJFHP
QP[JPNVUFSFOVXJFKTLJFHP
1S[FE [BJOTUBMPXBOJFN VS[ƾE[FOJB OBMFǻZ
TQSBXE[Jǀ D[Z OJF KFTU POP VT[LPE[POF X SB[JF
XƾUQMJXPǧDJ OBMFǻZ CF[[XPD[OJF [XSÓDJǀ TJNj EP
EPTUBXDZ&MFNFOUZPQBLPXBOJB
TQJOBD[FHXPǺE[JFXPSLJQMBTUJLPXFTUZSPQJBO
JUQ
OBMFǻZ [BCF[QJFD[Zǀ QS[FE EPTUNjQFN E[JFDJ
HEZǻ NPHƾ TUBOPXJǀ EMB OJDI QPUFODKBMOF
[BHSPǻFOJF
8QS[ZQBELV[BNLOJNjDJBVS[ƾE[FOJBXFXOƾUS[MVC
QPNJNjE[ZNFCMBNJOBMFǻZ[BQFXOJǀXZTUBSD[BKƾDƾ
QS[FTUS[Fǝ QP[XBMBKƾDƾ OB XZLPOZXBOJF QSBD
LPOTFSXBDZKOZDI;BMFDBTJNjQP[PTUBXJFOJFPETUNjQV
DNNJNjE[ZPCVEPXƾLPUBBǧDJBOLBNJNFCMJ
/BE LPUFN OBMFǻZ QP[PTUBXJǀ XPMOƾ QS[FTUS[Fǝ
VNPǻMJXJBKƾDƾ XZLPOBOJF [BCJFHÓX OB LBOBMF
EZNOZN 1PE LPUFN OBMFǻZ QP[PTUBXJǀ XPMOƾ
QS[FTUS[Fǝ P T[FSPLPǧDJ DP OBKNOJFK DN EP
XZNJBOZBOPEZNBHOF[PXFK
/JFXPMOPQS[FDIPXZXBǀǻBEOZDI
NBUFSJBÓX BUXPQBMOZDI X QPCMJǻV VS[ƾE[FOJB
QBQJFSVǧDJFSFLQMBTUJLVTUZSPQJBOVJUQ
/JF[BMFDBTJNjVNJFT[D[BOJBVS[ƾE[FǝBHEQPELPUFN
QPOJFXBǻNPHZCZVMFDVT[LPE[FOJVXQS[ZQBELV
VSVDIPNJFOJBTJNj[BXPSVCF[QJFD[FǝTUXBKFǻFMJOJF
KFTUQSBXJEPXPPEQSPXBE[POZ
MVCXQS[ZQBELV
XZDJFLÓX [F [ƾD[ IZESBVMJD[OZDI X JOOZN
QS[ZQBELVQSPEVDFOUOJFQPOPTJPEQPXJFE[JBMOPǧDJ
[B FXFOUVBMOF T[LPEZ X PEOJFTJFOJV EP XX
VS[ƾE[Fǝ
5",
/*&
'JH
10,:/:,*/45"-"$*
,PUFM;FVT4VQFSJPSL8CZM[LPOTUSVPWÃOWÝMVǁOLJ
LJOTUBMBDJOBTULJOVQPVßÎWÃTFLWZUÃQLJOÎPLPMOÎIP
QSPTUǥFEÎ B PIǥFWV VßJULPWÊ WPEZ QSP QPVßJUÎ W
EPNÃDOPTUJBQPEPCOLJ
;FDŽ NVTÎ CÝU IMBELÃ UFEZ CF[ WÝTUVQLDz OFCP
WÝLMFOLDzLUFSÊCZLOLJNVVNPßOJMZQǥÎTUVQ[F[BEV
7 ßÃEOÊN QǥÎQBELJ OFKTPV UZUP LPUMF OBWSßFOZ L
JOTUBMBDJOB[ÃLMBEOVOFCPQPEMBIV0CS
1PEMFUZQVJOTUBMBDFTFNLJOÎUBLÊLMBTJêLBDFLPUMF
BUPOÃTMFEPWOLJ
,PUFMUZQV#WQǥÎQBELJßFKFJOTUBMPWÃOQPNPDÎ
QǥÎTMVØOÊLPODPWLZLOBTÃWÃOÎW[EVDIVQǥÎNP[
NÎTUBWFLUFSÊNKFJOTUBMPWÃO
,PUFM UZQV $ W QǥÎQBELJ JOTUBMBDF QPNPDÎ
TPVPTÝDIUSVCFLOFCPKJOÊIPQPUSVCÎOBWSßFOÊIP
QSPLPUMFTW[EVDIPULJTOPVLPNPSPVQSPOBTÃWÃOÎ
W[EVDIVBWZQPVØULJOÎTQBMJO
*OTUBMBDJQMZOPWÝDILPUMDz*NNFSHBTNDzßFQSPWÃELJU
QPV[FPECPSOLJLWBMJêLPWBOÝBBVUPSJ[PWBOÝTFS
WJTOÎUFDIOJLQMZOPWÝDI[BǥÎ[FOÎ
*OTUBMBDJKFUǥFCBQSPWÊTUQPEMFQPßBEBWLDzOPSFN
QMBUOÊMFHJTMBUJWZBWTPVMBEVTNÎTUOÎNJUFDIOJDL
ÝNJTNLJSOJDFNJQPEMF[ÃTBEEPCSÊQSBYF
*OTUBMBDFLPUMF;FVT4VQFSJPSL8WQǥÎQBELJQMOLJOÎ
LBQBMOÝN QMZOFN NVTÎ WZIPWPWBU QPßBEBWLDzN
OBQMZOTIVTUPUPVWZØØÎOFßKFIVTUPUBW[EVDIV
6QP[PSǞVKFNF NJNP KJOÊ OB TLVUFǁOPTU ßF JO
TUBMBDF [BǥÎ[FOÎ OB [LBQBMOLJOÝ QMZO W NÎTUFDI T
QPEMBIPVWNFOØÎWÝØDFOFßKFTUǥFEOÎWÝØLBSPWJOZ
WFOLPWOÎIPQSPTUǥFEÎKF[BLÃ[ÃOB
1ǥFE JOTUBMBDÎ [BǥÎ[FOÎ KF WIPEOÊ [LPOUSPMPWBU
[EBCZMPEPEÃOPÙQMOÊBOFQPSVØFOÊ1PLVECZTUF
P UPN OFCZMJ QǥFTWLJEǁFOJ PCSBǬUF TF PLBNßJULJ
OB EPEBWBUFMF 1SWLZ CBMFOÎ TLPCZ IǥFCÎLZ
VNLJMPINPUOÊ TÃǁLZ QLJOPWÝ QPMZTUZSÊO BQPE
OFOFDIÃWFKUF ELJUFN QSPUPßF QSP OLJ NPIPV CÝU
[ESPKFNOFCF[QFǁÎ7QǥÎQBELJßFKFQǥÎTUSPKV[BWǥFO
WOÃCZULVOFCPNF[JOÃCZULPWÝNJQSWLZNVTÎCÝU
[BDIPWÃOEPTUBUFǁOÝQSPTUPSQSPCLJßOPVÙESßCV
EPQPSVǁVKFTFQPOFDIBUDNNF[JQMÃØULJNLPUMFB
TWJTMÝNJTULJOBNJOÃCZULV
/BELPUMFNNVTÎCÝUQPOFDIÃOQSPTUPSQSP[ÃTBIZ
EP WÝEVØOÊ ǁÃTUJ 1PE LPUMFN KF UǥFCB QPOFDIBU
QSPTUPS BMFTQPǞ DN QSP WÝNLJOV NBHOÊ[JPWÊ
BOPEZ7CMÎ[LPTUJ[BǥÎ[FOÎTFOFTNÎOBDIÃ[FUßÃEOÝ
IPǥMBWÝ QǥFENLJU QBQÎS MÃULB QMBTU QPMZTUZSFO
BUE
%PQPSVǁVKFTFQPELPUFMOFVNÎTǬPWBUßÃEOÊEPNÃDÎ
FMFLUSPTQPUǥFCJǁFQSPUPßFCZNPIMZCÝUQPØLP[FOZ
WQǥÎQBELJ[ÃTBIVCF[QFǁOPTUOÎIPWFOUJMVQPLVE
OFOÎQǥÎNPQǥJQPKFOLWÝQVTUOÊNVISEMV
OFCPW
QǥÎQBELJOFULJTOPTUÎIZESBVMJDLÝDITQPKFLWPQBǁOÊN
QǥÎQBELJWÝSPCDFOFOFTF[PEQPWLJEOPTU[BQǥÎQBEOÃ
QPØLP[FOÎEPNÃDÎDIFMFLUSPTQPUǥFCJǁDz
"/0
3ZT
Stránka 5 z 62
*/45"-"$&
,05-&
/&
0CS
&4
1-
$;
CJPTPSJHJOBMFT
&MVTVBSJPOPEFCFMMFWBSBDBCP
OJOHVOBJOUFSWFODJÓOPJOUFOUPEFSFQBSBDJÓO&M
JODVNQMJNJFOUPEFFTUPTSFRVJTJUPTQPSFMVTVBSJP
FYJNFBMGBCSJDBOUFEFDVBMRVJFSSFTQPOTBCJMJEBEF
JOWBMJEBMBHBSBOUÎB
8 SB[JF QSPCMFNÓX VTUFSLJ MVC OJFQSBXJEPXFK
QSBDZ OBMFǻZ XZƾD[Zǀ VS[ƾE[FOJF J XF[XBǀ
XZLXBMJGJLPXBOFHP UFDIOJLB OQ [ QVOLUV
TFSXJTPXFHP*NNFSHBTLUÓSFHPQSBDPXOJDZ
EZTQPOVKƾ TQFDZGJD[Oƾ XJFE[ƾ UFDIOJD[Oƾ PSB[
PSZHJOBMOZNJD[NjǧDJBNJ[BNJFOOZNJ
/JFXPMOP
XZLPOZXBǀǻBEOZDIOBQSBXTBNPE[JFMOJF
/JFQS[FTUS[FHBOJFQPXZǻT[FHPQPXPEVKFQS[FKNjDJF
PEQPXJFE[JBMOPǧDJPSB[VUSBUNjHXBSBODKJ
7QǥÎQBELJQPSVDIZWBEZOFCPOFTQSÃWOÊGVOLDF
KFUǥFCB[BǥÎ[FOÎEFBLUJWPWBUBQǥJWPMBUQPWPMBOÊIP
UFDIOJLBOBQǥÎLMBE[PEELJMFOÎUFDIOJDLÊQPNPDJ
TQPMFǁOPTUJ *NNFSHBT LUFSÃ EJTQPOVKF [WMÃØUOÎ
UFDIOJDLPVQSDzQSBWPVBPSJHJOÃMOÎNJOÃISBEOÎNJ
EÎMZ
;BCSBǞUF UFEZ KBLÊNV [ÃTBIV EP [BǥÎ[FOÎ
OFCP QPLVTV P KFIP PQSBWV/FSFTQFLUPWÃOÎ WÝØF
VWFEFOÊIP QPWFEF L PTPCOÎ [PEQPWLJEOPTUJ B
[USÃULJ[ÃSVLZ
r *OTUSVDDJPOFTEFJOTUBMBDJÓOFTUBDBMEFSBQVFEF
TFSJOTUBMBEBFOVOMVHBSFYUFSJPSQBSDJBMNFOUF
QSPUFHJEPFOUFOEJFOEPDPNPUBMBRVÊMFORVFMB
DBMEFSBOPFTUÃFYQVFTUBBMBBDDJÓOEJSFDUBOJB
MBQFOFUSBDJÓOEFQSFDJQJUBDJPOFTBUNPTGÊSJDBT
MMVWJBOJFWFHSBOJ[PFUD
"UFODJÓO MB JOTUBMBDJÓO EF MB DBMEFSB FO MB QB
SFE EFCF HBSBOUJ[BS VO TPTUÊO FTUBCMF Z FêDB[ BM
HFOFSBEPS
-PTUBDPTEFTFSJFTJTFIBFOUSFHBEPDPOMBDBMEFSB
VOTPQPSUFPVOBQMBOUJMMBEFêKBDJÓOEFCFOFYDMVTJ
WBNFOUFVUJMJ[BSTFQBSBêKBSÊTUBBMBQBSFEZQVFEFO
BTFHVSBSVOTPTUÊOBEFDVBEPTÓMPTJTFJOUSPEVDFO
DPSSFDUBNFOUFDPOCVFODSJUFSJPQSPGFTJPOBM
ZTJ
MBTQBSFEFTTPOEFMBESJMMPTNBDJ[PTPQFSGPSBEPT
4J MB QBSFE FT EF MBESJMMPT P CMPRVFT IVFDPT P FT
VO UBCJRVF EF FTUBCJMJEBE MJNJUBEB FT OFDFTBSJP
SFBMJ[BS VOB QSVFCB EF SFTJTUFODJB QSFMJNJOBS EFM
TJTUFNBEFTPQPSUF
*NQPSUBOUFMPTUPSOJMMPTQBSBUBDPTDPODBCF[B
IFYBHPOBMEFMFOWBTFFYDMVTJWBNFOUFEFCFOTFS
VUJMJ[BEPTQBSBêKBSFMDPSSFTQPOEJFOUFTPQPSUF
BMBQBSFE
&TUBT DBMEFSBT TJSWFO QBSB DBMFOUBS BHVB B VOB
UFNQFSBUVSB JOGFSJPS B MB EF FCVMMJDJÓO B QSFTJÓO
BUNPTGÊSJDB%FCFODPOFDUBSTFBVODJSDVJUPEFDBMF
GBDDJÓOZBVOBSFEEFEJTUSJCVDJÓOEFBHVBTBOJUBSJB
BEFDVBEPTBTVTQSFTUBDJPOFTZQPUFODJB
1305&$$*¶/"/5*)*&-0
5FNQFSBUVSB NÎOJNB ž$ -B DBMEFSB EJTQPOF
EF TFSJF EF VOB GVODJÓO BOUJIJFMP RVF QPOF FO
GVODJPOBNJFOUPMBCPNCBZFMRVFNBEPSDVBOEP
MB UFNQFSBUVSB EFM BHVB EF MB JOTUBMBDJÓO EF DB
MFGBDDJÓO RVF FTUÃ EFOUSP EF MB DBMEFSB CBKB QPS
EFCBKPEFž$
-BGVODJÓOBOUJIJFMPFTUÃBTFHVSBEBTPMBNFOUFTJ
MBDPOFYJÓOEFMBDBMEFSBBMPTDJSDVJUPTEFBMJ
NFOUBDJÓOEFHBTZFMFDUSJDJEBEFTDPSSFDUB
MBDBMEFSBFTBMJNFOUBEBDPOTUBOUFNFOUF
MBDBMEFSBFTUÃFODFOEJEBQFSPOPFO4UBOECZ
MBDBMEFSBOPTFFODVFOUSBCMPRVFBEBQPSGBMUB
EFFODFOEJEP"QEP
MPT DPNQPOFOUFT QSJODJQBMFT EF MB DBMEFSB OP
FTUÃOBWFSJBEPT
r /PSNZ JOTUBMBDKJ LPDJP KFTU QS[F[OBD[POZ EP
NPOUBǻVOB[FXOƾUS[QPNJFT[D[FOJBXNJFKTDV
D[NjǧDJPXP PTPOJNjUZN ;B NJFKTDF D[NjǧDJPXP
PTPOJNjUF VXBǻB TJNj UBLJF NJFKTDF X LUÓSZN
LPDJP OJF KFTU OBSBǻPOZ OB CF[QPǧSFEOJF
E[JBBOJFD[ZOOJLÓXBUNPTGFSZD[OZDIEFT[D[V
ǧOJFHVHSBEVJUQ
6XBHB LPDJP QPXJOJFO CZǀ [BNPOUPXBOZ OB
ǧDJBOJF X TQPTÓC TUBCJMOZ J QFXOZ %PTUBSD[POF
TFSZKOJF LPLJ NPHƾ [BQFXOJǀ PEQPXJFEOJF
[BXJFT[FOJF KFEZOJF KFǧMJCNjEƾ QSBXJEPXP VǻZUF
EP VNPDPXBOJB MJTUXZ MVC CB[Z XTQPSOJLPXFK EP
ǧDJBOZNPHƾ[BQFXOJǀPEQPXJFEOJFVNPDPXBOJF
[HPEOJF [ OBKMFQT[ZNJ [BTBEBNJ UFDIOJD[OZNJ
X ǧDJBOBDI [ DFHZ QFOFK MVC QӐQFOFK 8
QS[ZQBELV ǧDJBO [ DFHZ E[JVSBXLJ ǧDJBOLJ
E[JBPXFK P PHSBOJD[POFK OPǧOPǧDJ MVC ǧDJBO [
KBLJDILPMXJFLJOOZDINBUFSJBÓXQP[BXTLB[BOZNJ
OBMFǻZ QS[FQSPXBE[Jǀ LPOUSPMNj TUBUZD[Oƾ QS[FE
[BJOTUBMPXBOJFNTZTUFNV[BXJFT[FOJB
/# XLSNjUZ [ CFN PǧNJPLƾUOZN XDIPE[ƾDF
X TLBE EPTUBXZ QPXJOOZ CZǀ VǻZUF XZƾD[OJF
EPVNPDPXBOJBTUPTPXOFKMJTUXZXTQPSOJLPXFK
EPǧDJBOZ
,PUZTVǻƾEPQPEHS[FXBOJBXPEZEPUFNQFSBUVSZ
QPOJǻFKUFNQFSBUVSZXS[FOJBXPCFDOPǧDJDJǧOJFOJB
BUNPTGFSZD[OFHP/BMFǻZ
KF QPEƾD[Zǀ EP TJFDJ HS[FXD[FK PSB[ TJFDJ
DJFQPXOJD[FKPPEQPXJFEOJFKNPDZJQBSBNFUSBDI
UFDIOJD[OZDI
;"#&;1*&$;&/*&;"10#*&("+Ž$&
;"."3;"/*680%:
5FNQFSBUVSB NJOJNBMOB ž$ ,PDJP KFTU
XZQPTBǻPOZXGVOLDKNj[BQPCJFHBKƾDƾ[BNBS[BOJV
XPEZLUÓSB[BƾD[BQPNQNjJQBMOJLHEZUFNQFSBUVSB
XPEZXLPUMFTQBEOJFQPOJǻFKž$
+FEOBL GVOLDKB [BQPCJFHBKƾDB [BNBS[BOJV KFTU
[BQFXOJPOBUZMLPKFǻFMJ
LPDJPKFTUQSBXJEPXPQPEƾD[POZEPJOTUBMBDKJ
HB[PXFKJFMFLUSZD[OFK
LPDJPKFTUTUBMF[BTJMBOZ
&OFTUBTDPOEJDJPOFTMBDBMEFSBFTUÃQSPUFHJEBDPOUSB
FMIJFMPIBTUBVOBUFNQFSBUVSBBNCJFOUFEFž$
LPDJPKFTU[BƾD[POZJOJF[OBKEVKFTJNjOBQP[ZDKJ
4UBOECZ
*NQPSUBOUFTJMBDBMEFSBFTJOTUBMBEBFOVOMVHBS
EPOEF MB UFNQFSBUVSB MMFHB B NFOPT EF ž$ FT
OFDFTBSJPBJTMBSMPTUVCPTEFDPOFYJPOFTUBOUPFM
EFBHVBTBOJUBSJBDPNPFMEFDBMFGBDDJÓO
&MBHVBQSFTFOUFFOFMBDVNVMBEPSDVBOEPMBDBMEF
SBFTUÃBQBHBEBOPFTUÃQSPUFHJEBDPOUSBFMIJFMP
LPDJP OJF KFTU [BCMPLPXBOZ [ QPXPEV CSBLV
[BƾD[FOJBSP[E[
QPETUBXPXF LPNQPOFOUZ LPUB OJF Tƾ
VT[LPE[POF
8 UZDI XBSVOLBDI LPDJP KFTU DISPOJPOZ QS[FE
[BNBS[OJNjDJFNEPUFNQFSBUVSZPUPD[FOJBž$
/#KFǻFMJLPDJPNBCZǀ[BJOTUBMPXBOZXNJFKTDV
HE[JFUFNQFSBUVSBPCOJǻBTJNjEPXBSUPǧDJQPOJǻFK
ž$OBMFǻZPLSZǀQS[FXPEZQPEƾD[FOJPXF[BSÓXOP
XPEZTBOJUBSOFKKBLJQPEHS[FXBOJB
8PEB[OBKEVKƾDBTJNjXFXONjUS[V[CJPSOJLBCPKMFSB
OJF KFTU [BCF[QJFD[POB QS[FE [BNBS[OJNjDJFN X
QS[ZQBELVHEZLPDJPKFTUXZƾD[POZ
Stránka 6 z 62
r *OTUBMBǁOÎOPSNZUFOUPLPUFMKFNPßOÊJOTUBMPWBU
WFWFOLPWOÎNQSPTUǥFEÎOBǁÃTUFǁOLJDISÃOLJOÊN
NÎTULJ .ÎTUFN ǁÃTUFǁOLJ DISÃOLJOÝN TF SP[VNÎ
UBLPWÊNÎTUPLEFLPUFMOFOÎWZTUBWFOQǥÎNÊNV
QDzTPCFOÎ B QSPOJLÃOÎ BUNPTGÊSJDLÝDI TSÃßFL
EÊØǬTOÎILSPVQZBUE
6QP[PSOLJOÎ.ÎTUPJOTUBMBDFOBTULJOVNVTÎLPUMJ
QPTLZUOPVUTUBCJMOÎBQFWOPVPQPSV
)NPßEJOLZEPEBOÊWQPǁUVOLJLPMJLBLVTDz
WQǥÎQBELJ
PQLJSOÊ LPO[PMZ OFCP VQÎOBDÎ QPEMPßLZ PCTBßFOÊ W
EPEÃWDFKTPVVSǁFOZWÝISBEOLJLJOTUBMBDJLPUMFOB
TULJOV "EFLWÃUOÎ PQPSV NPIPV [BSVǁJU QPV[F
QPLVEKTPVTQSÃWOLJJOTUBMPWÃOZQPEMFUFDIOJDLÝDI
[WZLMPTUÎ
EPTULJO[QMOÊIPOFCPQPMPQMOÊIP[EJWB
7 QǥÎQBELJ TULJO [ ELJSPWBOÝDI DJIFM OFCP CMPLDz
QǥÎǁFL T PNF[FOPV TUBUJLPV OFCP [EJWB KJOÊIP
OFßKFWÝØFVWFEFOPKFOVUOÊOFKEǥÎWFQǥJTUPVQJUL
QǥFECLJßOÊNVPWLJǥFOÎTUBUJLZPQLJSOÊIPTZTUÊNV
1P[OÃNLB)NPßEJOLPWÊØSPVCZTFØFTUJISBOOPV
IMBWPVWCMJTUSVTFQPVßÎWBKÎWÝISBEOLJLVQFWOLJOÎ
PQLJSOÊLPO[PMZOB[FDŽ
5ZUPLPUMFKTPVVSǁFOZLPIǥFWVWPEZOBUFQMPUV
OJßØÎ OFß KF CPE WBSV QǥJ BUNPTGÊSJDLÊN UMBLV
,PUMF NVTÎ CÝU QǥJQPKFOZ L WZUÃQLJDÎNV TZTUÊNV
BLSP[WPEOÊTÎUJVßJULPWÊWPEZLUFSÊPEQPWÎEBKÎ
KFKJDIGVOLDJBWÝLPOV
0$)3"/"1305*.3";6
.JOJNÃMOÎUFQMPUBž$,PUFMKFTÊSJPWLJEPEÃWÃO
TGVOLDÎQSPUJ[BNS[OVUÎLUFSÃVWFEFEPǁJOOPTUJ
ǁFSQBEMPBIPǥÃLLEZßUFQMPUBWPEZWLPUMJLMFTOF
QPEž$
'VOLDF QSPUJ [BNS[OVUÎ KF BMF [BSVǁFOB QPV[F
QPLVE
KFLPUFMTQSÃWOLJQǥJQPKFOLQMZOPWÊNVQPUSVCÎB
FMFLUSJDLÊTÎUJ
KFLPUFMOFVTUÃMFOBQÃKFO
KFLPUFM[BQOVUÝBOFWQPIPUPWPTUOÎNSFßJNV
OFOÎ LPUFM [BCMPLPWBOÝ W EDzTMFELV OF[BQOVUÎ
0ETU
[ÃLMBEOÎLPNQPOFOUZTUSPKFOFNBKÎQPSVDIV
;BULJDIUPQPENÎOFLKFLPUFMDISÃOLJOQǥFE[BNS[OVUÎN
BßEPUFQMPUZPLPMΞ$
1P[OÃNLB 7 QǥÎQBELJ JOTUBMBDF LPUMF EP NÎTU
LEF UFQMPUB LMFTà QPE ž$ KF OVUOà J[PMBDF
QǥJQPKPWBDÎIPQPUSVCÎKBLPLSVIVPIǥFWVVßJULPWÊ
WPEZUBLPLSVIVWZUÃQLJDÎIP
7PEB W KFEOPUDF PIǥÎWBǁF OFOÎ DISÃOLJOB QǥFE
NSB[FNQPLVEKFLPUFMWZQOVUÝ
&4
.&%*%"413*/$*1"-&4
1 10%45"808&8:.*"3:
$;
)-"7/±30;.Ɔ3:
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
-FZFOEB'JH
( "MJNFOUBDJÓOEFHBT
3 3FUPSOPDBMFGBDDJÓO
. %FTDBSHBDBMFGBDDJÓO
3$ 3FDJSDVMBDJÓOTBOJUBSJB
"$ 4BMJEBEFBHVBDBMJFOUFTBOJUBSJB
"' &OUSBEBEFBHVBGSÎBTBOJUBSJB
7 $POFYJÓOFMÊDUSJDB
-FHFOEB3ZT
( %PQSPXBE[FOJFHB[V
3 *OTUBMBDKB[XSPUOB
. *OTUBMBDKBUPD[OB
3$ 3FDZSLVMBDKBXPEZTBOJUBSOFKPQDKB
"$ 0EQZXDJFQFKXPEZTBOJUBSOFK
"' %PQSPXBE[FOJF[JNOFKXPEZTBOJUBSOFK
7 1PEƾD[FOJFFMFLUSZD[OF
-FHFOEB0CS
( 1ǥÎWPEQMZOV
3 7SBUOÝPLSVITZTUÊNV
. /ÃCLJITZTUÊNV
3$ 6ßJULPWÝPCLJIWPMJUFMOLJ
"$ 0EUPLUFQMÊVßJULPWÊWPEZ
"' 1ǥÎUPLTUVEFOÊVßJULPWÊWPEZ
7 &MFLUSJDLÃQǥÎQPKLB
$0/&9*0/&4
/VFTUSBT DBMEFSBT FTUÃO GBCSJDBEBT QBSB QPEFS
GVODJPOBS DPO HBT NFUBOP (
Z (-1 &M
EJÃNFUSP EF MB UVCFSÎB EF BMJNFOUBDJÓO EFCF TFS
JHVBMPTVQFSJPSBMEFMSBDPSEFMBDBMEFSBu(
"OUFTEFDPOFDUBSFMHBTFTOFDFTBSJPMJNQJBSQPS
EFOUSPMBTUVCFSÎBTEFMTJTUFNBEFBMJNFOUBDJÓOQBSB
FMJNJOBSUPEPTMPTSFTJEVPTRVFQPESÎBOBGFDUBSFM
GVODJPOBNJFOUPEFMBDBMEFSB"EFNÃTFTOFDFTBSJP
DPOUSPMBSTJFMHBTEFMBSFEFTFMNJTNPRVFSFRVJFSF
MBDBMEFSBWFSMBQMBDBEFEBUPT
4JOPMPGVFSBIBZ
RVF BEBQUBS MB DBMEFSB BM OVFWP UJQP EF HBT WFS
$POWFSTJÓO EF MB DBMEFSB QBSB PUSP UJQP EF HBT
5BNCJÊO FT JNQPSUBOUF DPOUSPMBS MB QSFTJÓO EFM
HBTNFUBOPP(-1
RVFTFVUJMJ[BSÃQBSBBMJNFOUBS
MBDBMEFSBZBRVFVOBQSFTJÓOJOTVêDJFOUFQVFEF
BGFDUBSBMSFOEJNJFOUPEFMHFOFSBEPSZQPSMPUBOUP
QSPEVDJSNPMFTUJBTBMVTVBSJP
$PNQSPCBSRVFMBDPOFYJÓOEFMBMMBWFEFMHBTFTDP
SSFDUB-BTEJNFOTJPOFTEFMUVCPEFFOUSBEBEFMHBT
EFCFOTFSDPOGPSNFTDPOMBTOPSNBUJWBTWJHFOUFT
QBSBRVFFMRVFNBEPSSFDJCBMBDBOUJEBEEFHBTRVF
OFDFTJUBJODMVTPDVBOEPFMHFOFSBEPSGVODJPOBDPO
MBNÃYJNBDBQBDJEBEZTFNBOUFOHBOMBTQSFTUBDJP
OFTEFMBDBMEFSBWFSMPTEBUPTUÊDOJDPT
&MTJTUFNB
EFDPOFYJÓOEFCFTFSDPOGPSNFBMBTOPSNBT
10%ŠŽ$;&/*"
/BT[FLPUZTƾ[BQSPKFLUPXBOFEPTQBMBOJBNFUBOV
(
PSB[ -1( 3VSB EPQSPXBE[BKƾDB QPXJOOB
NJFǀ ǧSFEOJDNj SÓXOƾ MVC XJNjLT[ƾ PE [ƾD[LJ
LPUB u( 1S[FE QPEƾD[FOJFN HB[V OBMFǻZ
EPLBEOJF QS[FD[ZǧDJǀ XONjUS[F XT[ZTULJDI SVS
JOTUBMBDKJEPQSPXBE[FOJBQBMJXBJVTVOƾǀXT[FMLJF
QP[PTUBPǧDJ NPHƾDF OFHBUZXOJF XQZOƾǀ OB
QSBXJEPXƾQSBDNjLPUB
/BMFǻZ SÓXOJFǻ TQSBXE[Jǀ D[Z EPQSPXBE[BOZ
HB[ PEQPXJBEB UFNV EP LUÓSFHP LPDJP [PTUB
QS[ZTUPTPXBOZ QBUS[ UBCMJD[LB [ EBOZNJ OB
LPUMF
+FǧMJ KFTU JOOZ LPOJFD[OF KFTU EPLPOBOJF
[NJBOZ VTUBXJFǝ LPUB PEQPXJFEOJP EP SPE[BKV
HB[V QBUS[ XZNJBOB VS[ƾE[Fǝ X QS[ZQBELV
[NJBOZ HB[V
8BǻOF KFTU SÓXOJFǻ TQSBXE[FOJF
DJǧOJFOJBEZOBNJD[OFHPXTJFDJNFUBOMVC-1(
TLƾEQPDIPE[JǀCNjE[JFHB[[BTJMBKƾDZLPDJP+FǧMJ
DJǧOJFOJF CNjE[JF OJFXZTUBSD[BKƾDF NPǻF UP NJFǀ
OFHBUZXOZXQZXOBNPDHFOFSBUPSBQSPXBE[ƾD
EPOJFXZHPEZVǻZULPXOJLB
4QSBXE[JǀD[ZQPEƾD[FOJF[BXPSVHB[PXFHPKFTU
QSBXJEPXF 3VSB EPQSPXBE[BKƾDB HB[ QPXJOOB
CZǀ PEQPXJFEOJP [XZNJBSPXBOB [HPEOJF [
PCPXJƾ[VKƾDZNJ OPSNBNJ BCZ [BHXBSBOUPXBǀ
XBǧDJXZ EPQZX HB[V EP QBMOJLB SÓXOJFǻ X
XBSVOLBDI NBLTZNBMOFK NPDZ HFOFSBUPSB PSB[
[BHXBSBOUPXBǀ QBSBNFUSZ VS[ƾE[FOJB EBOF
UFDIOJD[OF
4ZTUFNQPƾD[FǝQPXJOJFOCZǀ[HPEOZ
[OPSNBNJ
1Ƥ±10+,:
/BØF LPUMF KTPV [LPOTUSVPWÃOZ UBL ßF NPIPV
GVOHPWBUOBNFUBO(
BUFLVUÝQSPQBO1ǥÎWPEOÎ
QPUSVCÎ NVTÎ CÝU TUFKOÊ OFCP WLJUØÎ OFß QǥÎQPKLB
LPUMFi(1ǥFEQǥJQPKFOÎNQMZOPWÊIPQPUSVCÎKF
UǥFCBQSPWÊTUǥÃEOÊWZǁJØULJOÎWOJUǥLVDFMÊIPQPUSVCÎ
QǥJWÃELJKÎDÎIP QBMJWP BCZ TF PETUSBOJMZ QǥÎQBEOÊ
OÃOPTZLUFSÊCZNPIMZPISP[JUTQSÃWOÊGVOHPWÃOÎ
LPUMF %ÃMF KF UǥFCB PWLJǥJU [EB QǥJWÃELJOÝ QMZO
PEQPWÎEÃQMZOVQSPLUFSÝCZMLPUFM[LPOTUSVPWÃO
WJ[ UZQPWÝ ØUÎUFL W LPUMJ
7 QǥÎQBELJ PEMJØOPTUÎ
KF UǥFCB QSPWÊTU ÙQSBWV LPUMF OB QǥÎWPE KJOÊIP
ESVIV QMZOV WJ[ QǥFTUBWCB QǥÎTUSPKDz W QǥÎQBELJ
[NLJOZ QMZOV
0WLJǥJU KF UǥFCB J EZOBNJDLÝ UMBL
QMZOV W TÎUJ NFUBOV OFCP UFLVUÊIP QSPQBOV
LUFSÝ TF CVEF QPVßÎWBU L OBQÃKFOÎ LPUMF QSPUPßF
W QǥÎQBELJ OFEPTUBUFǁOÊIP UMBLV CZ NPIMP EPKÎU
LFTOÎßFOÎWÝLPOVHFOFSÃUPSVBLPUFMCZTQSÃWOLJ
OFGVOHPWBM
1ǥFTWLJEǁUFTF[EBKFQǥJQPKFOÎQMZOPWÊIPLPIPVUV
TQSÃWOLJQSPWFEFOP1ǥÎWPEOÎQMZOPWÃUSVCLBNVTÎ
NÎUPEQPWÎEBKÎDÎSP[NLJSZQPEMFQMBUOÝDIOPSFN
BCZNPIMCÝUQMZOLIPǥÃLVQǥJWÃELJOWQPUǥFCOÊN
NOPßTUWÎJQǥJNBYJNÃMOÎNWÝLPOVHFOFSÃUPSVB
CZMUBL[BSVǁFOWÝLPOQǥÎTUSPKFUFDIOJDLÊÙEBKF
4ZTUÊNTQPKFOÎNVTÎPEQPWÎEBUQMBUOÝNOPSNÃN
$BMJEBE EFM HBT DPNCVTUJCMF -B DBMEFSB TF IB
QSPZFDUBEPQBSBGVODJPOBSDPOHBTTJOJNQVSF[BT
4JFMHBTVUJMJ[BEPOPFTQVSPIBZRVFJOTUBMBSêMUSPT
EFFOUSBEB
%FQÓTJUPTEFBMNBDFOBNJFOUPFODBTPEFTVNJ
OJTUSPEFTEFEFQÓTJUPEF(-1
&T QPTJCMF RVF MPT EFQÓTJUPT EF (-1 OVFWPT
DPOUFOHBO SFTUPT EF OJUSÓHFOP VO HBT JOFSUF
RVFFNQPCSFDFMBNF[DMBZQVFEFQFSKVEJDBSFM
GVODJPOBNJFOUPEFMBDBMEFSB
%FCJEPBMBDPNQPTJDJÓOEFMBNF[DMBEF(-1
EVSBOUF FM QFSÎPEP EF BMNBDFOBNJFOUP FO MPT
EFQÓTJUPTTFQVFEFWFSJêDBSVOBFTUSBUJêDBDJÓO
EFMPTDPNQPOFOUFTRVFQVFEFMMFHBSBNPEJê
+BLPǧǀHB[V6S[ƾE[FOJF[PTUBP[BQSPKFLUPXBOFEP
TQBMBOJBHB[VCF[[BOJFD[ZT[D[FǝXQS[FDJXOZN
SB[JFOBMFǻZ[BJOTUBMPXBǀêMUSZQS[FEVS[ƾE[FOJFN
XDFMV[BQFXOJFOJBD[ZTUPǧDJQBMJXB
;CJPSOJL NBHB[ZOPXZ X QS[ZQBELV [BTJMBOJB
[CVUMJ-1(
.PǻF[EBS[ZǀTJNjǻFOPXF[CJPSOJLJNBHB[ZOPXF
-1( [BXJFSBKƾ QP[PTUBPǧDJ HB[V PCPKNjUOFHP
B[PUV
LUÓSZ[VCBǻBNJFT[BOLNjEPQSPXBE[BOƾ
EP VS[ƾE[FOJBQPXPEVKƾD KFHP OJFXBǧDJXƾ
QSBDNj
Stránka 7 z 62
,WBMJUBIPǥMBWÊIPQMZOV;BǥÎ[FOÎCZMPOBWSßFOP
LQSPWP[VOBIPǥMBWÝQMZOCF[OFǁJTUPUWPQBǁOÊN
QǥÎQBELJ KF OVUOÊ QPVßÎU WIPEOÊ GJMUSZ QǥFE
[BǥÎ[FOÎNKFKJDIßÙLPMFNKF[BKJTUJUǁJTUPUVQBMJWB
6DIPWÃWBDÎOÃESßFWQǥÎQBELJQǥJWÃELJOÎUFLVUÊIP
QSPQBOV[FTLMBEPWBDÎIP[BǥÎ[FOÎ
.DzßF TF TUÃU ßF OPWÊ TLMBEPWBDÎ OÃESßF
LBQBMOÊIP SPQOÊIP QMZOV NPIPV PCTBIPWBU
[CZULZJOFSUOÎIPQMZOVEVTÎLV
LUFSÊPDIV[VKÎ
TNLJT QǥJWÃELJOPV EP [BǥÎ[FOÎ B [QDzTPCVKÎ
QPSVDIZKFIPGVOLDF
4*
)6
(-"7/&%*.&/;*+&
36
'Ơ##.­3&5&,
̸͇͇̺͔͉͉͔͊͆͆̾̀̾ͅ
&4
1-
$;
4*
)6
"MUVSB
8ZTPLPǧǀ
7ÝØLB
7JØJOB
.BHBTTÃH
̺Άͼ͹ͽͪ
"ODIVSB
4[FSPLPǧǀ
»ÎǥLB
»JSJOB
4[ÊMFTTÊH
͑ͳͻͳ͸ͪ
(NjCPLPǧǀ
)MPVCLB
(MPCJOB
.ÊMZTÊH
̻Ͷ;ͫͳ͸ͪ
1SPGVOEJEBE
36
NN
$0/&9*0/&413;:ŠŽ$;"1Ƥ±10+,:13*,-+6ƀ,*$4"5-",0;¦40,͉͈̓̾̈́̾͆́͘
("4
(";
1-:/
1-*/
(¦;
̸̻̀
*/45"-"$*¶/
$"-&'"$$*¶/
*/45"-"$+"
;"Ƥ±;&/±
/"13"7&
3&/%4;&3
̸̸͇̺͌͊͋͆̓
)"4;/¦-"5*
7±;
̸̸͎͊͆͋̾͆́͐̾͊̓͘
̸̺͇̽
"(6"
4"/*5"3*"
80%"4"/*
5"3/"
6Â*5,07¦
70%"
4"/*5"3/"
70%"
'JH
3ZT
0CS
(
u
3
u
.
u
"$
u
"'
u
TMJLB ÃCSB ́ͶͶ
-FHFOEBTMJLB
( %PWPEQMJOB
3 1PWSBUOJLSPHPUPLTJTUFNB
. ;BHPOTLJLSPHPUPLTJTUFNB
3$ 4BOJUBSOJLSPHPUPLPQDJKB
"$ 0EUPLUPQMFTBOJUBSOFWPEF
"' 1SJUPLIMBEOFTBOJUBSOFWPEF
7 &MFLUSJǁOJQSJLMKVǁFL
+FMNBHZBSÃ[BUÃCSB
( (Ã[DTBUMBLP[ÃT
3 GǯUÊTJWJTT[BUÊSǡWF[FUÊL
. GǯUÊTJFMǡSFNFOǡWF[FUÊL
3$ IBT[OÃMBUJNFMFHWÎ[LFSJOHFUǡWF[FUÊLPQDJÓ
"$ )BT[OÃMBUJNFMFHWÎ[LJNFOFU
"' )BT[OÃMBUJIJEFHWÎ[CFNFOFU
7 FMFLUSPNPTDTBUMBLP[ÃT
͇ͫ͹Ͳ͸ͪ΂Ͱ͸ͳΊ́ͶͶ
( ͈͹ͯͪ΂ͪͭͪͲͪ
3 ̺͹ͲͬͻͪͽͳͲ͹ͽ͹ͺͳͽͰͶ·͸͹ʹͼͳͼͽͰͷΆ
. ͈͹ͯͪ΂ͪͬ͹ͽ͹ͺͳͽͰͶ·͸;ΉͼͳͼͽͰͷ;
3$ ͊ͪ͸ͽͰ΀͸ͳ΂Ͱͼ͵ͪΊͻͰ΁ͳͻ͵;ͶΊ΁ͳΊ͹ͺ΁ͳΊ
"$ ̺Ά΀͹ͯͭ͹ͻΊ΂Ͱʹͼͪ͸ͽͰ΀͸ͳͼͰ͵͹ʹͬ͹ͯΆ
"' ̺΀͹ͯ΀͹Ͷ͹ͯ͸͹ʹͼͪ͸ͽͰ΀͸ͳ΂Ͱͼ͹ʹͬ͹ͯΆ
7 ͈͹ͯͼ͹Ͱͯͳ͸Ͱ͸ͳͰ͵ΈͶͰ͵ͽͻͳ΂Ͱͼ͵͹ʹͼͰͽͳ
13*,-+6ƀ,*
/BØJ LPUMJ TP J[EFMBOJ UBLP EB MBILP EFMVKFKP OB
OBTMFEOKF QMJOF NFUBO (
JO UFLPǁJ OBGUOJ
QMJO
%PWPEOBDFWNPSBCJUJFOBLBBMJØJSØBPEQSJLMKVǁLB
OBHSFMOJLVu(
1SFEQSJLMKVǁJUWJKPQMJOTLJIDFWJOBUBOǁOPQSFWFSJUF
ǁF TP DFWJ ǁJTUF LFS CJ NPSFCJUOB OFǁJTUPǁB DFWJ
MBILPQPW[SPǁJMBNPUOKFWEFMPWBOKVLPUMB
1SFHMFKUF UVEJ ǁF WTUPQOJ QMJO VTUSF[B QMJOV [B
LBUFSFHB KF CJM HSFMOJL [HSBKFO HMFK QPEBULF OB
OBQJTOJQMPØǁJDJOBLPUMV
ƀFTFQPEBULJSB[MJLVKFKPKFUSFCBLPUFMQSJMBHPEJUJ
ESVHJWSTUJQMJOBHMFKQPHMBWKFPQSJMBHPEJUWJLPUMB
[BVQPSBCPESVHFWSTUFQMJOB
1SFWFSJNP UVEJ EJOBNJǁFO UMBL QMJOB W PNSFßKV
NFUBOBBMJUFLPǁFHBOBѫOFHBQMJOB
LJHBCPTUF
VQPSBCMKBMJ ƀF KF MFUB OF[BEPTUFO [NBOKØB NPǁ
HSFMOJLBTǁJNFSVQPSBCOJLVQPW[SPǁJUFßBWF
1SFWFSJUFǁFKFQMJOTLJWFOUJMQSBWJMOPQSJLMKVǁFO
%JNFO[JKFEPWPEOFDFWJ[BQMJONPSBKPCJUJWTLMBEV
[WFMKBWOJNJQSFEQJTJTǁJNFSKF[BHPUPWMKFOQSBWJMFO
EPWPEQMJOBEPHPSJMOJLBJOBQBSBUBUVEJWQPHPKJI
LPHSFMOJLEFMVKF[NBLTJNBMOPNPǁKPUFIOJǁOJ
QPEBULJ
4JTUFNQPWF[PWBOKBNPSBCJUJWTLMBEV[
WFMKBWOJNJTUBOEBSEJ
$4"5-",0;5"5¶4;&3&-7­/:&,
,B[ÃOKBJOLBUGÕMEHÃ[(
ÊT1#HÃ[Û[FNSFUFS
WF[UÛL"DTBUMBLP[ÓHÃ[DTǡÃUNÊSǡKFVHZBOBLLPSB
WBHZOBHZPCCMFHZFONJOUBLB[ÃO(uDTBUMBLP[Ó
FMFNF"HÃ[IÃMÓ[BUSBWBMÓDTBUMBLP[UBUÃTFMǡUUHPO
EPTBONFHLFMMUJT[UÎUBOJBHÃ[UT[ÃMMÎUÓDTǡSFOET[FS
CFMTFKÊUB[FTFUMFHFTT[FOOZF[ǡEÊTFLUǡMNJWFMF[FL
WFT[ÊMZF[UFUIFUJL B LB[ÃO NFHGFMFMǡ NǯLÕEÊTÊU
&MMFOǡSJ[OJLFMMUPWÃCCÃIPHZBSFOEFMLF[ÊTSFÃMMÓ
HÃ[GBKUB NFHFHZF[JLF B[[BM BNFMZSF B LB[ÃO CF
WBOÃMMÎUWBMÃTEBLB[ÃOPOFMIFMZF[FUUBEBUUÃCMÃU
)B OFN B LB[ÃOU ÃU LFMM ÃMMÎUBOJ B SFOEFMLF[ÊTSF
ÃMMÓHÃ[GBKUÃSBMÃTEBLÊT[ÛMÊLNÃTGÊMFHÃ[Û[FNSF
WBMÓ ÃUÃMMÎUÃTÃSB WPOBULP[Ó SÊT[U
&[FO LÎWÛM
GPOUPTBGÕMEHÃ[WBHZ1#HÃ[
IÃMÓ[BUJEJOBNJLVT
OZPNÃTÃOBLFMMFOǡS[ÊTFBNFMZSǡMBLB[ÃOÛ[FNFMOJ
GPH"[FMÊHUFMFOOZPNÃTLJIBUIBUBGǯUǡLÊT[ÛMÊL
UFMKFTÎUNÊOZÊSF F[ÃMUBM LFMMFNFUMFOTÊHFU PLP[IBU
BGFMIBT[OÃMÓOBL
&MMFOǡSJ[[FIPHZBHÃ[FM[ÃSÓDTBQIFMZFTFOWBOF
CFLÕUWF"HÃ[DTBUMBLP[ÓDTǡNÊSFUÊOFLNFHLFMM
GFMFMOJFB[ÊSWÊOZFTFMǡÎSÃTPLOBLIPHZB[ÊHǡHÃ
[FMMÃUÃTBBMFHOBHZPCCUFMKFTÎUNÊOZFOWBMÓÛ[FNFMÊT
FTFUÊOJTNFHGFMFMǡMFHZFOJMMFUWFCJ[UPTÎUWBMFHZFO
BLÊT[ÛMÊLIBUÃTGPLBMÃTEBNǯT[BLJBEBUPLBU
"
DTBUMBLP[ÃTJ SFOET[FSOFL NFH LFMM GFMFMOJF B T[B
CWÃOZPLFMǡÎSÃTBJOBL
͈͇͉͔̽̓̈́͗͐̾͆́̓́͆̿̾͆̾͆͘ͅ
͊̾͋͘ͅ
͆ͪ΃ͳͫ͹ʹͶͰͻΆͻͪͲͻͪͫ͹ͽͪ͸ΆͯͶΊ
ͻͪͫ͹ͽΆ͸ͪͷͰͽͪ͸Ͱ(
ͳ͸ͪͼͱͳͱͰ͸͸͹ͷ͸ͰͿͽΊ͸͹ͷͭͪͲͰ
̻͊͆
̽ͳͪͷͰͽͻͺ͹ͯͪΉ΄Ͱʹͽͻ;ͫΆͯ͹ͶͱͰ͸ͫΆͽ·ͫ͹Ͷ·΃ͳͷ
ͳͶͳͻͪͬ͸ΆͷͯͳͪͷͰͽͻ;ͼ͹Ͱͯͳ͸ͳͽͰͶ·͸͹ͭ͹ͺͪͽͻ;ͫ͵ͪͫ͹ʹͶͰͻͪ
u(͈ͰͻͰͯ͹ͼ;΄ͰͼͽͬͶͰ͸ͳͰͷͺ͹ͯͼ͹Ͱͯͳ͸Ͱ͸ͳΊ͵ͭͪͲ͹ͬ͹ʹ
ͷͪͭͳͼͽͻͪͶͳͼͶͰͯ;Ͱͽͺͻ͹ͳͲͬͰͼͽͳͽ΄ͪͽͰͶ·͸;Ή͹΂ͳͼͽ͵;
ͬͼͰ΀ͽͻ;ͫͼͶ;ͱͪ΄ͳ΀ͯͶΊͺ͹ͯͪ΂ͳͭͪͲͪͳͲ͸ͰͰ͵ͫ͹ʹͶͰͻ;
ͼ΁ͰͶ·Ή;ͯͪͶͰ͸ͳΊͬ͹Ͳͷ͹ͱ͸Ά΀ͲͪͭͻΊͲ͸Ͱ͸ͳʹ͵͹ͽ͹ͻΆͰ
ͷ͹ͭ;ͽͺ͹ͷͰ΃ͪͽ·Ͱͭ͹ͺͻͪͬͳͶ·͸͹ͷ;Ϳ;͸͵΁ͳ͹͸ͳͻ͹ͬͪ͸ͳΉ
͊ͶͰͯ;Ͱͽͽͪ͵ͱͰ;ͫͰͯͳͽ·ͼΊͬͽ͹ͷ΂ͽ͹ͭͪͲͬ͸Ͱʹͼ͹͹ͽͬͰͽͼͽͬ;Ͱͽ
ͽ͹ͷ;ͯͶΊ͵͹ͽ͹ͻ͹ͭ͹ͻͪͲͻͪͫ͹ͽͪ͸ͫ͹ʹͶͰͻͼͷͽͪͫͶͳ΂͵;
͸͹ͷͳ͸ͪͶ·͸Ά΀ͯͪ͸͸Ά΀ͺ͹ͷͰ΄Ͱ͸͸;Ή͸ͪͺͪ͸ͰͶͳͫ͹ʹͶͰͻͪ
̺ͺͻ͹ͽͳͬ͸͹ͷͼͶ;΂ͪͰͼͶͰͯ;Ͱͽͺͻ͹ͳͲͬͰͼͽͳͷ͹ͯͳͿͳ͵ͪ΁ͳΉ
ͫ͹ʹͶͰͻͪͯͶΊͰͭ͹ͪͯͪͺͽͪ΁ͳͳ͵ͯͻ;ͭ͹ͷ;ͽͳͺ;ͭͪͲͪͼͷ
iͅ͹ͯͳͿͳ͵ͪ΁ͳΊ;ͼͽͻ͹ʹͼͽͬͬͼͶ;΂ͪͰͳͲͷͰ͸Ͱ͸ͳΊͽͳͺͪ
ͭͪͲͪu
͊ͶͰͯ;Ͱͽͽͪ͵ͱͰͲͪͷͰͻͳͽ·ͯͳ͸ͪͷͳ΂Ͱͼ͵͹ͰͯͪͬͶͰ͸ͳͰ
ͬͷͪͭͳͼͽͻͪͶͳͷͰͽͪ͸ͪͳͶͳͼͱͳͱͰ͸͸͹ͭ͹͸ͰͿͽΊ͸͹ͭ͹ͭͪͲͪ
ͺͻͰͯ͸ͪͲ͸ͪ΂Ͱ͸͸͹ʹͯͶΊͺͳͽͪ͸ͳΊͫ͹ʹͶͰͻͪͳ;ͫͰͯͳͽ·ͼΊͬ
Ͱͭ͹ͼ͹͹ͽͬͰͽͼͽͬͳͳͽͻͰͫ͹ͬͪ͸ͳΊͷͽͪ͵͵ͪ͵͸Ͱͯ͹ͼͽͪͽ͹΂͸ͪΊ
ͬͰͶͳ΂ͳ͸ͪͯͪͬͶͰ͸ͳΊͷ͹ͱͰͽͼ͵ͪͲͪͽ·ͼΊ͸ͪͷ͹΄͸͹ͼͽͳͪͭͻͰͭͪͽͪ
ͳͺͻͳͬͰͼͽͳ͵ͺͻ͹ͫͶͰͷͪͷͯͶΊͺ͹Ͷ·Ͳ͹ͬͪͽͰͶΊ͌ͫͰͯͳͽͰͼ·
ͬͺͻͪͬͳͶ·͸͹ͼͽͳͺ͹ͯͼ͹Ͱͯͳ͸Ͱ͸ͳΊͭͪͲ͹ͬ͹ͭ͹ͬͰ͸ͽͳͶΊ
͋ͻ;ͫͪͺ͹ͯͪ΂ͳͭ͹ͻΉ΂Ͱͭ͹ͭͪͲͪͯ͹Ͷͱ͸ͪͳͷͰͽ·ͻͪͲͷͰͻΆ
ͼ͹͹ͽͬͰͽͼͽͬ;Ή΄ͳͰͯͰʹͼͽͬ;Ή΄ͳͷ͸͹ͻͷͪͽͳͬͪͷ΂ͽ͹ͫΆ
ͭͪͻͪ͸ͽͳͻ͹ͬͪͽ·ͽͻͰͫ;ͰͷΆʹͻͪͼ΀͹ͯͭͪͲͪͺ͹ͯͪͬͪͰͷ͹ͭ͹͸ͪ
ͭ͹ͻͰͶ͵;ͯͪͱͰͺͻͳͷͪ͵ͼͳͷͪͶ·͸͹ʹͷ͹΄͸͹ͼͽͳͭͰ͸Ͱͻͪͽ͹ͻͪͳ
͹ͫͰͼͺͰ΂ͳͬͪͽ·Έ͵ͼͺͶ;ͪͽͪ΁ͳ͹͸͸ΆͰ΀ͪͻͪ͵ͽͰͻͳͼͽͳ͵ͳͪͭͻͰͭͪͽͪ
ͽͰ΀͸ͳ΂Ͱͼ͵ͳͰ΀ͪͻͪ͵ͽͰͻͳͼͽͳ͵ͳ
͈ͻͳͷͰ͸ΊͰͷΆͰͼ͹Ͱͯͳ͸Ͱ͸ͳΊ
ͯ͹Ͷͱ͸Άͼ͹͹ͽͬͰͽͼͽͬ͹ͬͪͽ·ͯͰʹͼͽͬ;Ή΄ͳͷ͸͹ͻͷͪͷ
̓ͪ΂Ͱͼͽͬ͹ͭ͹ͻΉ΂Ͱͭ͹ͭͪͲ̸ͪͺͺͪͻͪͽͫΆͶͳͲͭ͹ͽ͹ͬͶͰ͸ͯͶΊ
ͻͪͫ͹ͽΆ͸ͪͭͪͲͰͫͰͲͲͪͭͻΊͲ͸Ͱ͸ͳʹͬ͹ͫͻͪͽ͸͹ͷͼͶ;΂ͪͰ
͸Ͱ͹ͫ΀͹ͯͳͷ͹;ͼͽͪ͸͹ͬͳͽ·ͼ͹͹ͽͬͰͽͼͽͬ;Ή΄ͳͰͿͳͶ·ͽͻΆͺͰͻͰͯ
;ͼͽͪ͸͹ͬ͵͹ʹͼ΁ͰͶ·Ή͹ͫͰͼͺͰ΂Ͱ͸ͳΊ΂ͪͼͽ͹ͽΆͭ͹ͻΉ΂Ͱͭ͹
,BLPWPTUWOFUMKJWFHBQMJOB/BQSBWBKFCJMBTLPO
TUSVJSBOB[BEFMPWBOKFOBWOFUMKJWJQMJOCSF[OFǁJTUPǁ
WOBTQSPUOFNQSJNFSVVQPSBCJNPVTUSF[OFêMUSF
LJKJIOBNFTUJNPQSFEOBQSBWPEBQSFǁJTUJKPHPSJWP
PCWTUPQVWTJTUFN
3F[FSWPBSKJ[BTLMBEJØǁFOKFWFMKB[BUFLPǁJQSP
SBOJ[TLMBEJØǁB
-BILPTF[HPEJEBOPWJTLMBEJØǁOJSF[FSWPBSKJ
VUFLPǁJOKFOFHB [FNFMKTLFHB QMJOB MBILP WTF
CVKFKP PTUBOLF JOFSUOFHB QMJOB EVØJLB
LJ
PTJSPNBØJKP[NFTLJQSJEFWOBQSBWPJOQPW[SPǁB
NPUOKFEFMPWBOKB
" G ǯ U ǡ H Ã [ N J O ǡ T Ê H F " L Ê T [ Û M Ê L F U
T[FOOZF[ǡEÊTNFOUFT GǯUǡHÃ[[BM WBMÓ Û[FNFMÊTSF
UFSWF[UÊL FMMFOLF[ǡ FTFUCFO DÊMT[FSǯ NFHGFMFMǡ
T[ǯSǡFMFNFU CFJLUBUOJ B LÊT[ÛMÊL FMÊ IPHZ B
GǯUǡBOZBHLFMMǡFO
UJT[UBMFHZFO
(Ã[UÃSPMÓL1#HÃ[UBSUÃMZSÓMWBMÓÛ[FNFMUFUÊT
FTFUÊO
&MǡGPSEVMIBUIPHZB[ÙKPOOBOMÊUFTÎUFUU1#HÃ[
UBSUÃMZPL OZPNPLCBO JOFSU HÃ[U OJUSPHÊOU
UBSUBMNB[OBL BNFMZ DTÕLLFOUJ B LÊT[ÛMÊLCF
KVUÓHÃ[LFWFSÊLGǯUǡÊSUÊLÊUÊTF[ÃMUBMSFOEFMMFOFT
NǯLÕEÊTUPLP[IBU
Stránka 8 z 62
͆ͪ͵͹ͺͳͽͰͶ·͸ΆͰͻͰͲͰͻͬ;ͪͻΆͬͼͶ;΂ͪͰͺͳͽͪ͸ͳΊ͹ͽ
͸ͪ͵͹ͺͳͽͰͶ·͸͹ʹͼͳͼͽͰͷΆͼͱͳͱͰ͸͸͹ͭ͹ͭͪͲͪ
ͅ͹ͱͰͽ ͼͶ;΂ͳͽ·ͼΊ ΂ͽ͹ ͸͹ͬΆͰ ͸ͪ͵͹ͺͳͽͰͶ·͸ΆͰ
ͻͰͲͰͻͬ;ͪͻΆͼͱͳͱͰ͸͸͹ͭ͹͸ͰͿͽΊ͸͹ͭ͹ͭͪͲͪͷ͹ͭ;ͽ͸Ͱͼͽͳ
͹ͼͪͯ͵ͳͳ͸Ͱͻͽ͸Ά΀ͭͪͲ͹ͬͪͲ͹ͽ
͵͹ͽ͹ͻΆͰ͹ͫͰͯ͸ΊΉͽͼͷͰͼ·
ͬΆͯͰͶΊͰͷ;Ή͸ͪͪͺͺͪͻͪͽͺͻ͹ͬ͹΁ͳͻ;Ί͸Ͱͺ͹Ͷͪͯ͵ͳͬ
Ϳ;͸͵΁ͳ͹͸ͳͻ͹ͬͪ͸ͳͳ
&4
1-
$;
DBS FM QPEFS DBMPSÎêDP EF MB NF[DMB Z BGFDUBS FM
SFOEJNJFOUPEFMBDBMEFSB
;QPXPEVTLBEVNJFT[BOLJ-1(XD[BTJFKFK
NBHB[ZOPXBOJB X [CJPSOJLV NPǻF EPKǧǀ EP
VXBSTUXJFOJB LPNQPOFOUÓX NJFT[BOLJ .PǻF
UP TQPXPEPXBǀ SÓǻOJDF X XBSUPǧDJ PQBPXFK
NJFT[BOLJ EPQSPXBE[BOFK EP VS[ƾE[FOJB J X
LPOTFLXFODKJ OFHBUZXOJF XQZOƾǀ OB KFHP
XZEBKOPǧǀ
7[IMFEFNLFTMPßFOÎTNLJTJLBQBMOÊIPSPQOÊIP
QMZOV TF NDzßF W QSDzCLJIV TLMBEPWÃOÎ QSPKFWJU
SP[WSTUWFOÎKFEOPUMJWÝDITMPßFLTNLJTJ5PNDzßF
[QDzTPCJU QSPNLJOMJWPTU WÝIǥFWOPTUJ TNLJTJ
QǥJWÃELJOÊ EP [BǥÎ[FOÎ T OÃTMFEOÝNJ [NLJOBNJ
KFIPWÝLPOV
$POFYJÓOIJESÃVMJDB
"UFODJÓO BOUFT EF FGFDUVBS MBT DPOFYJPOFT EF MB
DBMEFSBMJNQJBSCJFOMBJOTUBMBDJÓOEFDBMFGBDDJÓO
UVCFSÎBT DVFSQPT DBMFOUBEPSFT FUD
DPO EFDB
QBOUFT BEFDVBEPT P EFTJODSVTUBOUFT DBQBDFT EF
FMJNJOBSMPTQPTJCMFTSFTJEVPTRVFQVFEBOBGFDUBS
BMGVODJPOBNJFOUPEFMBDBMEFSB
$POFMêOEFFWJUBSEFQÓTJUPTEFDBMFOFMDJSDVJUP
EFDBMFGBDDJÓOTFEFCFODVNQMJSMBTJOEJDBDJPOFT
EFMBOPSNBUJWBSFMBUJWBTBMUSBUBNJFOUPEFMBHVBFO
JOTUBMBDJPOFTEFDBMFGBDDJÓOFOHFOFSBM
-BTDPOFYJPOFTIJESÃVMJDBTEFCFOTFSFGFDUVBEBTEF
GPSNBSBDJPOBMVUJMJ[BOEPMPTQVOUPTEFDPOFYJÓO
JOEJDBEPTQPSMBQMBOUJMMBEFMBDBMEFSB-PTEFTBHÛFT
EFMBTWÃMWVMBTEFTFHVSJEBEEFMBDBMEFSBEFCFOTFS
FNQBMNBEPTDBEBVOPBVOFNCVEPEFEFTDBSHB&O
DBTPDPOUSBSJPTJMBTWÃMWVMBTEFEFTDBSHBBDUVBSBO
FJOVOEBSBOFMMPDBMFMGBCSJDBOUFEFMBDBMEFSBOP
TFSÃSFTQPOTBCMFEFFMMP
"UFODJÓO QBSB BMBSHBS MB EVSBDJÓO Z QSFTFSWBS
MBT DBSBDUFSÎTUJDBT GVODJPOBMFT EFM JOUFSDBNCJBEPS
TBOJUBSJPTFSFDPNJFOEBMBJOTUBMBDJÓOEFMLJUiEPTJ
êDBEPSEFQPMJGPTGBUPTuTJMBTDBSBDUFSÎTUJDBTEFMBHVB
QVFEFOQSPEVDJSJODSVTUBDJPOFTDBMDÃSFBTFMLJUTF
SFDPNJFOEB FTQFDJBMNFOUF QFSP OP TÓMP FO FTUPT
DBTPTDVBOEPMBEVSF[BEFMBHVBFTTVQFSJPSB
HSBEPTGSBODFTFT
$POFYJÓO FMÊDUSJDB -B DBMEFSB i;FVT 4VQFSJPS
L8u DVFOUB FO UPEP FM BQBSBUP DPO VO HSBEP EF
QSPUFDDJÓO *19% -B TFHVSJEBE FMÊDUSJDB EFM
BQBSBUPTÓMPTFDPOTFHVJSÃTJTFDPOFDUBFMNJTNP
BVOBJOTUBMBDJÓOEFQVFTUBBUJFSSBFêDB[ZBDPSEF
DPOMBTWJHFOUFTOPSNBTEFTFHVSJEBE
"UFODJÓO*NNFSHBT4Q"TFFYJNFEFDVBMRVJFS
SFTQPOTBCJMJEBE QPS EBÒPT B QFSTPOBT P DPTBT
EFCJEPTBMBOPDPOFYJÓOEFMBQVFTUBBUJFSSBEF
MBDBMEFSBPBMJODVNQMJNJFOUPEFMBTOPSNBTEF
SFGFSFODJB
$PNQSPCBSBTÎNJTNPRVFMBJOTUBMBDJÓOFMÊDUSJDB
TFBBEFDVBEBQBSBMBQPUFODJBNÃYJNBBCTPSCJEB
QPSFMBQBSBUPRVFFTUÃJOEJDBEBFOMBQMBDBEFEBUPT
TJUVBEBFOMBDBMEFSB-BTDBMEFSBTTFFOUSFHBODPO
VODBCMFEFBMJNFOUBDJÓOFTQFDJBMEFUJQPi9uTJO
FODIVGF&MDBCMFEFBMJNFOUBDJÓOEFCFTFSDPOFD
UBEPBVOBSFEEF7™)[SFTQFUBOEP
MB
MB QPMBSJEBE -/ Z MB DPOFYJÓO EF UJFSSB
SFEEFCFEJTQPOFSEFEFTDPOFYJÓOPNOJQPMBSDPO
DBUFHPSÎBEFTPCSFUFOTJÓODMBTF***&ODBTPEFRVF
TFEFCBTVTUJUVJSFMDBCMFEFBMJNFOUBDJÓOEJSJHJSTF
BVOUÊDOJDPIBCJMJUBEPFM4FSWJDJPEF"TJTUFODJB
5ÊDOJDB "VUPSJ[BEP *NNFSHBT QPS FKFNQMP
&M
DBCMF EF BMJNFOUBDJÓO EFCF DVNQMJS FM SFDPSSJEP
QSFWJTUP
&ODBTPRVFTFEFCBTVTUJUVJSFMGVTJCMFEFSFEFO
MBUBSKFUBEFSFHVMBDJÓOVTBSVOGVTJCMFEF"
SÃQJEP 1BSB MB BMJNFOUBDJÓO HFOFSBM EFM BQBSBUP
EFTEFMBSFEFMÊDUSJDBOPFTUÃQFSNJUJEPFMVTPEF
BEBQUBEPSFTUPNBTNÙMUJQMFTPFYUFOTJPOFT
."/%043&.0504:
$30/05&3.045"504".#*&/5&
ю"$$&403*04я
-B DBMEFSB FTUÃ QSFQBSBEB QBSB TFS DPOFDUBEB B
DSPOPUFSNPTUBUPT BNCJFOUF Z B TPOEB FYUFSJPS
&TUPT DPNQPOFOUFT *NNFSHBT FTUÃO EJTQPOJCMFT
DPNPLJUBQBSUFEFMBDBMEFSBZTFTVNJOJTUSBOCBKP
QFEJEP5PEPTMPTDSPOPUFSNPTUBUPT*NNFSHBTTF
DPOFDUBODPOÙOJDPTIJMPT-FFSDPOBUFODJÓOMBT
JOTUSVDDJPOFT EF NPOUBKF Z VTP DPOUFOJEBT FO FM
LJUBDDFTPSJP
r $SPOPUFSNPTUBUP EJHJUBM 0O0Ē 'JH &M
DSPOPUFSNPTUBUPQFSNJUF
DPOêHVSBS EPT WBMPSFT EF UFNQFSBUVSB BN
CJFOUFVOPQBSBFMEÎBUFNQFSBUVSBDPOGPSU
Z
PUSPQBSBMBOPDIFUFNQFSBUVSBSFEVDJEB
DPOêHVSBSIBTUBDVBUSPQSPHSBNBTTFNBOBMFTDPO
IPSBSJPTEJTUJOUPTEFFODFOEJEPZBQBHBEP
TFMFDDJPOBSFMNPEPEFGVODJPOBNJFOUPFOUSF
MBTWBSJBTBMUFSOBUJWBTEJTQPOJCMFT
r GVODJPOBNJFOUPQFSNBOFOUFDPOUFNQDPOGPSU
r GVODJPOBNJFOUPQFSNBOFOUFDPOUFNSFEVDJEB
r GVODJPOBNJFOUPQFSNBOFOUFDPOUFNQBOUJIJFMP
SFHVMBCMF
&MDSPOPUFSNPTUBUPFTUÃBMJNFOUBEPQPSQJMBT
EF7UJQP-3BMDBMJOBT
1PEƾD[FOJFIZESBVMJD[OF
6XBHB1S[FEXZLPOBOJFNQPEƾD[FOJB
8 DFMV [BDIPXBOJB QSBX H XBSBODZKOZDI
EPUZD[ƾDZDI HÓXOFHP XZNJFOOJLB OBMFǻZ
EPLBEOJF QS[FNZǀ XT[ZTULJF SVSZ BCZ VTVOƾǀ
FXFOUVBMOFQP[PTUBPǧDJLUÓSFNPHZCZOFHBUZXOJF
XQZOƾǀQSBDNjLPUB
"CZ [BQPCJFD PTBE[BOJV TJNj XBQOJB X JOTUBMBDKJ
HS[FXD[FKOBMFǻZQS[FTUS[FHBǀQS[FQJTÓX[BXBSUZDI
X OPSNJF EPUZD[ƾDFK PD[ZT[D[BOJB XPEZ X
JOTUBMBDKBDIEPNPXZDIVǻZULVDZXJMOFHP
1PEƾD[FOJBIZESBVMJD[OFOBMFǻZXZLPOBǀXTQPTÓC
SBDKPOBMOZ XZLPS[ZTUVKƾD QPEƾD[FOJB XTLB[BOF
OBX[PSOJLVLPUB4QVTU[BXPSVCF[QJFD[FǝTUXB
LPUB QPXJOJFO CZǀQPEƾD[POZ EP PEQZXV 8
QS[FDJXOZNSB[JFKFǧMJ[BKE[JFQPUS[FCB[BE[JBBOJB
[BXPSV CF[QJFD[FǝTUXB J QPNJFT[D[FOJF[PTUBOJF
[BMBOF XPEƾ QSPEVDFOU LPUB OJF CNjE[JF QPOPTJ
ǻBEOFKPEQPXJFE[JBMOPǧDJ
6XBHBXDFMV[BDIPXBOJBXBǧDJXPǧDJUFDIOJD[OZDI
JXZEBKOPǧDJXZNJFOOJLB[BMFDBTJNj[BJOTUBMPXBOJF
[FTUBX V iEP[PX OJLB QPMJGPTGBUÓXu KFǻFMJ
XBǧDJXPǧDJXPEZNPHZCZTQPXPEPXBǀQPXTUBOJF
PTBEÓX XBQJFOOZDI X T[D[FHÓMOPǧDJ [BMFDB TJNj
[BJOTUBMPXBOJF [FTUBXV X QS[ZQBELV HEZ TUPQJFǝ
UXBSEPǧDJ XPEZ QS[FLSBD[B XBSUPǧǀ TUPQOJ X
TLBMJGSBODVTLJFK
1PEƾD[FOJF FMFLUSZD[OF ,PDJP t;FVT 4VQFSJPS
,Xu QPTJBEB LMBTNj CF[QJFD[FǝTUXB *19%
#F[QJFD[FǝTUXP FMFLUSZD[OF VS[ƾE[FOJB KFTU
[BQFXOJPOF KFEZOJF KFǧMJ VS[ƾE[FOJF QPTJBEB
TQSBXOF V[JFNJFOJF B QPEƾD[FOJB [PTUBZ
XZLPOBOF [HPEOJF [ PCPXJƾ[VKƾDZNJ OPSNBNJ
CF[QJFD[FǝTUXB
6XBHB'JSNB*NNFSHBT4Q"OJFCNjE[JFQPOPTJǀ
ǻBEOFKPEQPXJFE[JBMOPǧDJ[BVT[LPE[FOJBDJFMFTOFPTÓC
JT[LPEZNBKƾULPXFQPXTUBF[QPXPEVCSBLVV[JFNJFOJB
LPUBMVCOJFQS[FTUS[FHBOJBPEOPǧOZDIOPSN
/BMFǻZ TQSBXE[Jǀ D[Z JOTUBMBDKB FMFLUSZD[OB
PEQPXJBEB NBLTZNBMOFK NPDZ QPCJFSBOFK QS[F[
VS[ƾE[FOJF XTLB[BOFK OB UBCMJD[DF [OBNJPOPXFK
OB LPUMF ,PUZ QPTJBEBKƾ TQFDKBMOZ QS[FXÓE
[BTJMBKƾDZ UZQV t9u CF[ XUZD[LJ 1S[FXÓE
[BTJMBKƾDZ OBMFǻZ QPEƾD[Zǀ EP TJFDJ 7 ™
)[ PEQPXJFEOJP EP QS[FXPEV [FSP GB[B
PSB[ EP V[JFNJFOJB
8 TJFDJ QPXJOJFO CZǀ
XZƾD[OJL XJFMPCJFHVOPXZ LMBTZ ***8 SB[JF
LPOJFD[OPǧDJ XZNJBOZ QS[FXPEV [BTJMBKƾDFHP
OBMFǻZ[XSÓDJǀTJNjEPXZLXBMJêLPXBOFHPUFDIOJLB
OQ EP BVUPSZ[PXBOFHP TFSXJTV UFDIOJD[OFHP
GJSNZ *NNFSHBT
1S[FXÓE [BTJMBKƾDZQPXJOJFO
PEQPXJBEBǀ QPXZǻT[ZN XTLB[BOJPN 8 SB[JF
LPOJFD[OPǧDJ XZNJBOZ CF[QJFD[OJLB OBMFǻZ
TUPTPXBǀ T[ZCLJ CF[QJFD[OJL " /JF XPMOP
TUPTPXBǀBEBQUFSÓXSP[E[JFMBD[ZBOJQS[FEVǻBD[Z
QS[Z[BTJMBOJVVS[ƾE[FOJB[TJFDJFMFLUSZD[OFK
;%"-/&45&308"/*"*
5&3.045"5:$)30/0.&53:$;/&
Ʀ30%08*4,"ю01$+"я
,PDJP KFTU QS[ZTUPTPXBOZ EP [BJOTUBMPXBOJB
UFSNPTUBUÓXDISPOPNFUSZD[OZDIǧSPEPXJTLPXZDI
J[FXONjUS[OFHPD[VKOJLB
1PXZǻT[F LPNQPOFOUZ *NNFSHBT Tƾ EPTUBSD[BOF
OBǻZD[FOJFKBLPPTPCOF[FTUBXZ
8T[ZTULJFUFSNPTUBUZDISPOPNFUSZD[OF*NNFSHBT
Tƾ QPEƾD[BOF [B QPNPDƾ UZMLP QS[FXPEÓX
6XBǻOJFQS[FD[ZUBǀJOTUSVLDKFEPUZD[ƾDFNPOUBǻV
JPCTVHJQPEBOFX[FTUBXJF
r 5FSNPTUBU DISPOPNFUSZD[OZ DZGSPXZ 0O
0GG 3ZT 5FSNPTUBU DISPOPNFUSZD[OZ
VNPǻMJXJB
VTUBXJFOJF EXÓDI XBSUPǧDJ UFNQFSBUVSZ
E[JFOOFKUFNQFSBUVSBLPNGPSUPXB
JOPDOFK
UFNQFSBUVSBPCOJǻPOB
[BQSPHSBNPXBOJF D[UFSFDI [SÓǻOJDPXBOZDI
QSPHSBNÓX[BƾD[FOJBJXZƾD[FOJB
XZCSBOJF XǧSÓE SÓǻOZDI PQDKJ ǻƾEBOFHP
TUBUVTVGVOLDKPOPXBOJB
Stránka 9 z 62
7PEPWPEOÎQǥÎQPKLB
6QP[PSOLJOÎ 1ǥFE QǥJQPKFOÎN LPUMF B [B ÙǁFMFN
[BDIPWÃOÎQMBUOPTUJ[ÃSVLZQSJNÃSOÎIPUFQFMOÊIP
WÝNLJOÎLVKFUǥFCBǥÃEOLJWZNÝUDFMÊUFQFMOÊ[BǥÎ[FOÎ
QǥÎTUSPKF QPUSVCÎ UPQOÃ ULJMFTB BQPE
QPNPDÎ
ǁJTUJDÎDIQSPTUǥFELDzBQSPTUǥFELDzOBPETUSBǞPWÃOÎ
VTB[FOJOBPETUSBOJUUBLQǥÎQBEOÊOÃOPTZLUFSÊCZ
NPIMZCSÃOJUTQSÃWOÊNVGVOHPWÃOÎLPUMF
"CZTUF [BCSÃOJMJ VTB[PWÃOÎ WPEOÎIP LBNFOF W
UPQOÊNTZTUÊNVNVTÎCÝUSFTQFLUPWÃOZQǥFEQJTZ
EBOÊOPSNPVLUFSÃTFW[UBIVKFOBÙQSBWVWPEZW
UPQOÝDI[BǥÎ[FOÎDIQSPDJWJMOÎQPVßJUÎ
7PEPWPEOÎQǥJQPKFOÎNVTÎCÝUQSPWFEFOPÙTQPSOLJ
T WZVßJUÎN QǥÎQPKFL OB QPEMPßDF LPUMF 7ÝWPE
QPKJTUOÊIP WFOUJMV LPUMF NVTÎ CÝU QǥJQPKFO L
PEWPEOÊNVISEMV+JOBLCZTFQǥJSFBLDJQPKJTULZ
[BQMBWJMBNÎTUOPTU[BDPßCZWÝSPCDFOFOFTMßÃEOPV
PEQPWLJEOPTU
6QP[PSOLJOÎ $IDFUFMJ BCZ TJ WÝNLJOÎL OB
VßJULPWPVWPEVEMPVIPEPCLJ[BDIPWBMTWPKJÙǁJOOPTU
EPQPSVǁVKFNF W QǥÎQBELJ WPEZ KFKÎß WMBTUOPTUJ
QPEQPSVKÎ VTB[PWÃOÎ WPEOÎIP LBNFOF OBQǥ KFMJ
UWSEPTUWPEZWZØØÎOFßGSBODPV[TLÝDITUVQǞDzBW
EBMØÎDI QǥÎQBEFDI
JOTUBMBDJ TPVQSBWZ tEÃWLPWBǁF
QPMZGPTGÃUDzu
&MFLUSJDLÊ [BQPKFOÎ ,PUFM ;FVT 4VQFSJPS L8 KF
KBLP DFMFL DISÃOLJO PDISBOOÝN TUVQOLJN *19%
1ǥÎTUSPKKFFMFLUSJDLZKJØULJOQPV[FUFIEZKFMJEPLP
OBMFQǥJQPKFOLÙǁJOOÊNVV[FNOLJOÎQSPWFEFOÊNV
QPEMFQMBUOÝDICF[QFǁOPTUOÎDIQǥFEQJTDz
6QP[PSOLJOÎ'JSNB*NNFSHBT4Q"PENÎUÃOÊTU
KBLPVLPMJ PEQPWLJEOPTU [B ØLPEZ [QDzTPCFOÊ PT
PCÃN[WÎǥBUDzNOFCPOBWLJDFDILUFSÊCZMZ[BWJOLJOZ
OFWIPEOÝN V[FNOLJOÎN LPUMF B OFEPESßFOÎN
QǥÎTMVØOÝDIOPSFN
0WLJǥUF TJ UBLÊ [EB FMFLUSJDLÊ [BǥÎ[FOÎ PEQPWÎEÃ
NBYJNÃMOÎNV QǥÎLPOV QǥÎTUSPKF VWFEFOÊNV OB
UZQPWÊNØUÎULVTÙEBKJLUFSÝKFVNÎTULJOÝWLPUMJ
,PUMFKTPVWZCBWFOÊTQFDJÃMOÎNQǥÎWPEOÎNLBCFMFN
UZQV t9i CF[ [ÃTUSǁLZ 1ǥÎWPEOÎ LBCFM NVTÎ CÝU
QǥJQPKFO L TÎUJ 7 ™ )[ T PIMFEFN OB
W UÊUP TÎUJ
QPMBSJUV GÃ[FOVMB B OB V[FNOLJOÎ
NVTÎCÝUJOTUBMPWÃOWÎDFQÓMPWÝWZQÎOBǁTLBUFHPSJÎ
QǥFQLJUÎUǥFUÎUǥÎEZ$IDFUFMJWZNLJOJUQǥÎWPEOÎLBCFM
PCSBǬUF TF OB LWBMJêLPWBOÊIP UFDIOJLB OBQǥ [F
TFSWJTOÎIP TUǥFEJTLB *NNFSHBT
1ǥÎWPEOÎ LBCFM
NVTÎCÝUWFEFOQǥFEFQTBOÝNTNLJSFN7QǥÎQBELJ
ßFKFUǥFCBWZNLJOJUTÎǬPWPVQPKJTULVOBQǥJQPKPWBDÎ
TWPSLPWOJDJ QPVßJKUF SZDIMPQPKJTULZ UZQV "
1SPIMBWOÎQǥÎWPE[FMFLUSJDLÊTÎULJEPQǥÎTUSPKFOFOÎ
EPWPMFOP QPVßJUÎ BEBQUÊSDz TESVßFOÝDI [ÃTVWFL
OFCPQSPEMVßPWBDÎDILBCFMDz
%¦-,07­07-¦%¦/±"10,0+07­
ƀ"407­5&3.045"5:ю70-*5&-/Ɔя
,PUFMKFVSǁFOLQPVßJUÎWLPNCJOBDJTQPLPKPWÝNJ
UFSNPTUBUZBEÃMLPWÝNPWMÃEÃOÎN
5ZUPLPNQPOFOUZ*NNFSHBTKTPVEPTUVQOÊKBLPTB
NPTUBUOÊTPVQSBWZLPUMFBKFNPßOÊKFPCKFEOBU
7ØFDIOZ ǁBTPWÊ UFSNPTUBUZ *NNFSHBT KF NPßOÊ
QǥJQPKJU QPV[F EWLJNB WPEJǁJ 1FǁMJWLJ TJ QǥFǁULJUF
QPLZOZ L NPOUÃßJ B PCTMV[F LUFSÊ KTPV TPVǁÃTUÎ
QǥÎEBWOÊTPVQSBWZ
r %JHJUÃMOÎǁBTPWÝUFSNPTUBU;BQ7ZQ0CS
ƀBTPWÝUFSNPTUBUVNPßǞVKF
OBTUBWJUEWLJIPEOPUZQPLPKPWÊUFQMPUZ
KFEOVEFOOÎLPNGPSUOÎUFQMPUV
BKFEOVOPǁOÎ
TOÎßFOPVUFQMPUV
OBTUBWJUBßǁUZǥJSDz[OÊUÝEFOOÎQSPHSBNZQSP
[BQÎOÃOÎBWZQÎOÃOÎ
[WPMJUQPßBEPWBOÝQSPWP[OÎSFßJN[OLJLPMJLB
NPßOÝDIWBSJBOU
&4
1-
$;
r &TUÃOEJTQPOJCMFTUJQPTEFNBOEPTSFNPUPT
$PNBOEP "NJDP 3FNPUP $"3
'JH Z
4VQFS$PNBOEP"NJDP3FNPUP4VQFS$"3
'JH
BNCPTBDUÙBODPNPDSPOPUFSNPTUBUPT
DMJNÃUJDPT­TUPTQFSNJUFOBMVTVBSJPBEFNÃTEF
EJTQPOFSEFMBTGVODJPOFTFYQMJDBEBTFOFMQVOUP
QSFDFEFOUF UFOFS CBKP DPOUSPM Z TPCSFUPEP BM
BMDBODFNBOPUPEBMBJOGPSNBDJÓOJNQPSUBOUF
SFMBUJWB BM GVODJPOBNJFOUP EFM BQBSBUP Z EF MB
JOTUBMBDJÓO EF DBMFGBDDJÓO DPO MB QPTJCJMJEBE
EF BDUVBS DÓNPEBNFOUF TPCSF MPT QBSÃNFUSPT
DPOêHVSBEPT BOUFSJPSNFOUF TJO OFDFTJEBE EF
JS BM MVHBS EPOEF FTUÃ JOTUBMBEP FM BQBSBUP &M
QBOFMEFM$PNBOEP"NJDP3FNPUPEJTQPOFEF
VOTJTUFNBEFBVUPEJBHOÓTUJDPRVFNVFTUSBFO
FMEJTQMBZDVBMRVJFSBOPNBMÎBEFGVODJPOBNJFOUP
EF MB DBMEFSB &M DSPOPUFSNPTUBUP DMJNÃUJDP
JODPSQPSBEPFOFMQBOFMSFNPUPQFSNJUFBKVTUBS
MBUFNQFSBUVSBEFEFTDBSHBBMDJSDVJUPEFDBMFGBD
DJÓOTFHÙOMBTOFDFTJEBEFTFGFDUJWBTEFMBNCJFOUF
BDBMFGBDDJPOBSEFNBOFSBRVFTFQVFEBPCUFOFS
FYBDUBNFOUFFMWBMPSEFUFNQFSBUVSBBNCJFOUF
RVFTFEFTFBDPOFWJEFOUFBIPSSPEFMPTDPTUFT
EFHFTUJÓO&MDSPOPUFSNPTUBUPFTUÃEJSFDUBNFOUF
BMJNFOUBEPQPSMBDBMEFSBBUSBWÊTEFMPTNJTNPT
IJMPTRVFTJSWFOQBSBMBUSBOTNJTJÓOEFEBUPT
FOUSFDBMEFSBZDSPOPUFSNPTUBUP
r TUBFGVOLDKPOPXBOJFXUFNQLPNGPSU
r TUBFGVOLDKPOPXBOJFXUFNQPCOJǻPOFK
r TUBF GVOLDKPOPXBOJF X SFHVMPXBOFK UFNQ
[BQPCJFHBKƾDFK[BNBS[OJNjDJV
5FSNPTUBU DISPOPNFUSZD[OZ KFTU [BTJMBOZ BMLBMJD[OZNJCBUFSJBNJ7UZQV-3
r TUÃMÝQSPWP[QǥJLPNGPSUOÎUFQMPULJ
r TUÃMÝQSPWP[QǥJTOÎßFOÊUFQMPULJ
r TUÃMÝ QSPWP[ QǥJ OBTUBWJUFMOÊ UFQMPULJ QSPUJ
[BNS[OVUÎ
ƀBTPWÝ UFSNPTUBU KF OBQÃKFO BMLBMJDLÝNJ
CBUFSJFNJ7UZQV-3
r 4ƾ EPTUNjQOF SPE[BKF [EBMOZDI TUFSPXBǝ
1S[ZDJTL [EBMOZ "NJDP $"3
3ZT J
4VQFS "NJDP 1S[ZDJTL [EBMOZ DZGSPXZ 4VQFS
$"3
3ZT
PCZEXB[GVOLDKƾUFSNPTUBUV
DISPOPNFUSZD[OFHP ǧSPEPXJTLPXFHP 1BOFMF
UFSNPTUBUÓX DISPOPNFUSZD[OZDI PQSÓD[
PQJTBOZDI X ZǻFK G VOLD KJ VNPǻMJXJBKƾ
VǻZULPXOJLPXJ LPOUSPMNj XT[ZTULJDI XBǻOZDI
JOGPSNBDKJ EPUZD[ƾDZDI GVOLDKPOPXBOJB
VS[ƾE[FOJB PSB[ JOTUBMBDKJ DJFQMOFK QP[XBMBKƾD
OB XZHPEOƾ [NJBONj XD[FǧOJFK VTUBXJPOZDI
QBSBNFUSÓXCF[LPOJFD[OPǧDJQS[FNJFT[D[FOJB
TJNj EP NJFKTDB [BJOTUBMPXBOJB VS[ƾE[FOJB
1BOFM QPTJBEB GVOLDKNj TBNPEJBHOPTUZLJ LUÓSB
XZǧXJFUMBOBXZǧXJFUMBD[VFXFOUVBMOFVTUFSLJ
X QSBDZ LPUB 5FSNPTUBU DISPOPNFUSZD[OZ
XCVEPXBOZ EP [EBMOFHP QBOFMV VNPǻMJXJB
EPTUPTPXBOJF UFNQFSBUVSZ XZTZBOFK QS[F[
JOTUBMBDKNj EP S[FD[Z XJTUZDI X ZNBHBǝ
PHS[FXBOFHP QPNJFT[D[FOJB UBL CZ V[ZTLBǀ
ǻƾEBOƾ XBSUPǧǀ UFNQFSBUVSZ QPNJFT[D[FOJB X
TQPTÓCOJF[XZLMFQSFDZ[ZKOZSFEVLVKƾD[OBD[OJF
LPT[UZVUS[ZNBOJB5FSNPTUBUDISPOPNFUSZD[OZ
KFTU[BTJMBOZCF[QPǧSFEOJP[LPUB[BQPNPDƾUZDI
TBNZDIQS[FXPEÓXLUÓSFTVǻƾEPUSBOTNJTKJ
EBOZDI
r ,EJTQP[JDJKTPVEWBUZQZEÃMLPWÝDIPWMBEBǁDz
*NQPSUBOUFFODBTPEFJOTUBMBDJÓOEFDBMFGBDDJÓO
EJWJEJEBFO[POBTNFEJBOUFFMDPSSFTQPOEJFOUFLJU
FM$"3ZFM4VQFS$"3EFCFOTFSVUJMJ[BEPTFYDMV
ZFOEPMBGVODJÓOEFUFSNPSSFHVMBDJÓODMJNÃUJDBFT
EFDJSDPOêHVSÃOEPMPTFONPEP0O0Ē
$POFYJÓO FMÊDUSJDB $"3 4VQFS $"3 P DSPOP
UFSNPTUBUP0O0Ē"DDFTPSJPT
-BTPQFSBDJPOFT
EFTDSJUBT B DPOUJOVBDJÓO TÓMP QVFEFO FGFDUVBSTF
USBT IBCFS DPSUBEP MB UFOTJÓO EF BMJNFOUBDJÓO EFM
BQBSBUP4JTFEJTQPOFEFEFCFTFSDPOFDUBEPBMPT
CPSOFTZFMJNJOBOEPFMQVFOUF9'JH
$PNQSPCBSRVFFMDPOUBDUPEFMUFSNPTUBUP0O0Ē
TFBEFUJQPiMJNQJPuFTEFDJSJOEFQFOEJFOUFEFMB
UFOTJÓOEFSFEFODBTPDPOUSBSJPTFEBÒBSÃMBUBSKFUB
FMFDUSÓOJDB EF SFHVMBDJÓO 4J TF EJTQPOF EF $"3
P4VQFS$"3EFCFTFSDPOFDUBEPBUSBWÊTEFMPT
CPSOFT*/F*/BMPTCPSOFTZFMJNJOBOEP
FMQVFOUF9FOMBUBSKFUBFMFDUSÓOJDBFODBMEFSB
ZSFTQFUBOEPMBQPMBSJEBE'JH
-BDPOFYJÓO
DPOQPMBSJEBEFSSÓOFBBVORVFOPEBÒBBM$"3OP
QFSNJUFTVGVODJPOBNJFOUP4ÓMPFTQPTJCMFDPOFDUBS
BMBDBMEFSBVOÙOJDPNBOEPSFNPUP
*NQPSUBOUFQBSBVUJMJ[BSFM$PNBOEP"NJDP3F
NPUPFTPCMJHBUPSJPQSFQBSBSEPTMÎOFBTTFQBSBEBT
DPNP FTUBCMFDFO MBT OPSNBT WJHFOUFT SFMBUJWBT B
JOTUBMBDJPOFTFMÊDUSJDBT/JOHVOBUVCFSÎBVOJEBBMB
DBMEFSBEFCFTFSWJSEFUPNBEFUJFSSBEFMBJOTUBMB
DJÓOFMÊDUSJDBPUFMFGÓOJDB$PNQSPCBSFTUFBTQFDUP
BOUFTEFDPOFDUBSFMÊDUSJDBNFOUFMBDBMEFSB
8BǻOF +FǻFMJ JOTUBMBDKB KFTU QPE[JFMPOB OB TUSFGZ
[BQPNPDƾTQFDKBMOFHP[FTUBXV[EBMOZQBOFM$"3
J 4VQFS $"3 QPXJOOZ CZǀ VǻZXBOF CF[ GVOLDKJ
UFSNPSFHVMBUPSB UK OBMFǻZ HP VǻZXBǀ X USZCJF
0O0Ē
1PEƾD[FOJFFMFLUSZD[OF[EBMOFHPQBOFMV$"3
4VQFS$"3MVCUFSNPTUBUVDISPOPNFUSZD[OFHP
0O0ĒPQDKB
0QJTBOFQPOJǻFKD[ZOOPǧDJQPXJOOZ
CZǀXZLPOBOFQPPEƾD[FOJV[BTJMBOJBVS[ƾE[FOJB
&XFOUVBMOZ UFSNPTUBU DISPOPNFUS ZD[OZ
ǧSPEPXJTLPXZ 0O0Ē QPXJOJFO CZǀ QPEƾD[POZ
[B QPǧSFEOJDUXFN [BDJTLÓX J FMJNJOVKƾD
NPTUFL 9 3ZT 4QSBXE[Jǀ D[Z TUZL
UFSNPTUBUV 0O0Ē KFTU tD[ZTUZu U[O OJF[BMFǻOZ
PE OBQJNjDJB X TJFDJ KFǧMJ OJF NPǻF EPKǧǀ EP
VT[LPE[FOJB SFHVMVKƾDFK QZULJ FMFLUSPOJD[OFK
&XFOUVBMOZ [EBMOZ QBOFM $"3 MVC 4VQFS $"3
QPXJOJFO CZǀ QPEƾD[POZ [B QPǧSFEOJDUXFN
[BDJTLÓX*/J*/EP[BDJTLÓXJFMJNJOVKƾD
NPTUFL 9 OB LBSDJF FMFLUSPOJD[OFK X LPUMF
QS[FTUS[FHBKƾDCJFHVOPXPǧDJ3ZT
1PEƾD[FOJF
CNjEOZDI CJFHVOÓX OJF QPXPEVKF VT[LPE[FOJB
[EBMOFHP QBOFMV $"3 MFD[ VOJFNPǻMJXJB KFHP
GVOLDKPOPXBOJF .PǻOB QPEƾD[Zǀ UZMLP KFEFO
[EBMOZQBOFM
8BǻOF X QS[ZQBELV VǻZDJB [EBMOFHP QBOFMV
"NJDPOBMFǻZ[BJOTUBMPXBǀEXJFPEE[JFMOFMJOJF
[HPEOJF[PCPXJƾ[VKƾDZNJQS[FQJTBNJXTQSBXJF
JOTUBMBDKJFMFLUSZD[OZDIƺBEFOQS[FXÓELPUBOJF
NPǻFCZǀVǻZUZKBLPV[JPNJOTUBMBDKJFMFLUSZD[OFK
MVCUFMFGPOJD[OFK6QFXOJǀTJNjXUZN[BLSFTJFQS[FE
XZLPOBOJFNQPEƾD[FOJBLPUB
'JH
3ZT
0CS
TMJLB ÃCSB ́ͶͶ
'JH
Stránka 10 z 62
$PNBOEP"NJDP3FNPUP$"3
0CS
B4VQFS
"NJDP $PNBOEP 3FNPUP 4VQFS $"3
0CS
0CB NBKÎ GVOLDJ LMJNBUJDLÝDI ǁBTPWÝDI
UFSNPTUBUDz 1BOFMZ ǁBTPWÝDI UFSNPTUBUDz
VNPßǞVKÎ VßJWBUFMJ LSPNLJ WÝØF VWFEFOÝDI
GVOLDJ NÎU QPE LPOUSPMPV B QǥFEFWØÎN QP
SVDF WØFDIOZ EDzMFßJUÊ JOGPSNBDF UÝLBKÎDÎ TF
GVOLDF QǥÎTUSPKF B UFQFMOÊIP [BǥÎ[FOÎ EÎLZ
ǁFNVßKFNPßOÊQPIPEMOLJ[BTBIPWBUEPEǥÎWF
OBTUBWFOÝDIQBSBNFUSDzCF[OVUOPTUJQǥFNÎTǬPWBU
TF OB NÎTUP LEF KF QǥÎTUSPK JOTUBMPWÃO 1BOFM
KF PQBUǥFO BVUPEJBHOPTUJDLPV GVOLDÎ LUFSÃ
[PCSB[VKFOBEJTQMFKJQǥÎQBEOÊQPSVDIZGVOLDF
LPUMF,MJNBUJDLÝǁBTPWÝUFSNPTUBU[BCVEPWBOÝ
W EÃMLPWÊN QBOFMV VNPßǞVKF QǥJ[QDzTPCJU
WÝTUVQOÎ UFQMPUV [BǥÎ[FOÎ TLVUFǁOÊ QPUǥFCLJ
QSPTUǥFEÎ LUFSÊ KF UǥFCB WZUÃQLJU 5BL CVEF
NPßOÊEPTÃIOPVUQPßBEPWBOÊUFQMPUZQSPTUǥFEÎ
TNBYJNÃMOÎQǥFTOPTUÎBUFEZTWÝSB[OPVÙTQPSPV
OBQSPWP[OÎDIOÃLMBEFDIƀBTPWÝUFSNPTUBUKF
OBQÃKFOQǥÎNP[LPUMFEWLJNBWPEJǁJLUFSÊTMPVßÎ
[ÃSPWFǞLQǥFOPTVEBUNF[JLPUMFNBǁBTPWÝN
UFSNPTUBUFN
%DzMFßJUÊ7QǥÎQBELJßFKF[BǥÎ[FOÎSP[ELJMFOÊEP[ÓO
QPNPDÎQǥÎTMVØOÊTPVQSBWZNVTÎTFOB$"3B4VQFS
$"3 WZǥBEJU GVOLDF LMJNBUJDLÊ UFSNPSFHVMBDF
OFCPIPOBTUBWJUEPSFßJNV;BQ7ZQ
&MFLUSJDLÊ QǥJQPKFOÎ EÃMLPWÝDI PWMBEBǁDz $"3
4VQFS$"3OFCPǁBTPWÊIPUFSNPTUBUV;BQ7ZQ
WPMJUFMOLJ
/ÎßF VWFEFOÊ PQFSBDF TF QSPWÃELJKÎ
QP PEQPKFOÎ [BǥÎ[FOÎ PE FMFLUSJDLÊ TÎULJ1ǥÎQBEOÝ
QPLPKPWÝ ǁBTPWÝ UFSNPTUBU ;BQ7ZQ TF QǥÎQBEOLJ
QǥJQPKÎLFTWPSLÃNBQPPETUSBOLJOÎQǥFNPTULJOÎ
90CS
6KJTULJUFTFßFLPOUBLUUFSNPTUBUV
;BQ7ZQ KF tǁJTUÊIP UZQZi UFEZ OF[ÃWJTMÝ OB
TÎǬPWÊNOBQLJUÎ7PQBǁOÊNQǥÎQBELJCZTFQPØLPEJMB
FMFLUSPOJDLÃSFHVMBǁOÎLBSUB$"3OFCP4VQFS$"3
KF QǥÎQBEOLJ OVUOÊ QǥJQPKJU QPNPDÎ TWPSFL */ B
*/LFTWPSLÃNBQPPETUSBOLJOÎQǥFNPTULJOÎ
9OBFMFLUSPOJDLÊEFTDFWLPUMJ
QǥJǁFNßKFUǥFCB
SFTQFLUPWBUQPMBSJUV0CS
"ǁLPMJWQǥJQPKFOÎT
OFTQSÃWOPVQPMBSJUPVPWMBEBǁ$"3OFQPØLPEÎBMF
UFOOFCVEFGVOHPWBU,FLPUMJKFNPßOÊQǥJQPKJU
QPV[FKFEFOEÃMLPWÝPWMBEBǁ
%DzMFßJUÊ 7 QǥÎQBELJ QPVßJUÎ EÃMLPWÊIP PWMÃEÃOÎ
$PNBOEP "NJDP 3FNPUP KF VßJWBUFM QPWJOFO
[BKJTUJUEWLJPEELJMFOÃWFEFOÎQPEMFQMBUOÝDIOPSFN
W[UBIVKÎDÎDI TF OB FMFLUSJDLÃ [BǥÎ[FOÎ 7FØLFSÃ
QPUSVCÎ OFTNÎ CÝU OJLEZ QPVßJUB KBLP V[FNOLJOÎ
FMFLUSJDLÊIPOFCPUFMFGPOJDLÊIP[BǥÎ[FOÎ6KJTULJUF
TFBCZLUPNVOFEPØMPQǥFEFMFLUSJDLÝN[BQPKFOÎN
LPUMF
3ZT
0CS
TMJLB ÃCSB ́ͶͶ
4*
)6
36
r TUBMOPEFMPWBOKFQSJVEPCOJUFNQFSBUVSJ
r TUBMOPEFMPWBOKFQSJ[OJßBOJUFNQFSBUVSJ
r TUBMOP EFMPWBOKF QSJ OBTUBWMKJWJ UFNQFSBUVSJ
QSPUJNSB[V
ƀBTPWOJUFSNPTUBUEFMVKFOBQPEMBHJBMLBMOJI
CBUFSJK7UJQ-3
r ÃMMBOEÓLPNGPSUIǡNÊSTÊLMFUǯGǯUÊTJNÓE
r ÃMMBOEÓ DTÕLLFOUFUU IǡNÊSTÊLMFUǯ GǯUÊTJ
NÓE
r ÃMMBOEÓ GBHZWÊEFMNJ GǯUÊTJ NÓE ÃMMÎUIBUÓ
IǡNÊSTÊLMFUFO
"QSPHSBNP[IBUÓUFSNPT[UÃUEC7PT-3
UÎQVTÙBMLÃMJFMFNNFMNǯLÕEJL
r ͺ͹ͼͽ͹Ί͸͸ͪΊͻͪͫ͹ͽͪͺͻͳͽͰͷͺ͵͹ͷͿ͹ͻͽ
r ͺ͹ͼͽ͹Ί͸͸ͪΊͻͪͫ͹ͽͪͺͻͳͺ͹͸ͳͱͰ͸͸͹ʹͽͰͷͺ
r ͺ͹ͼͽ͹Ί͸͸ͪΊͻͪͫ͹ͽͪͺͻͳͺͻ͹ͽͳͬ͹ͷ͹ͻ͹Ͳ͸͹ʹ
ͻͰͭ;Ͷͳͻ;Ͱͷ͹ʹͽͰͷͺ
͎ͻ͹͸͹ͽͰͻͷ͹ͼͽͪͽͺͳͽͪͰͽͼΊ͹ͽ΄ͰͶ͹΂͸Ά΀ͫͪͽͪͻͰͰ͵
̺ͽͳͺͪ-3
r /BWPMKPTUBEWBUJQBEBMKJOTLJIVQSBWMKBMOJLPW
$PNBOEP "NJDP 3FNPUP $"3
4MJLB JO
4VQFS"NJDP$PNBOEP3FNPUP$"3
4MJLB
0CB JNBUB GVOLDJKP LMJNBUTLJI ǁBTPWOJI
UFSNPTUBUPW 1MPØǁF ǁBTPWOJI UFSNPTUBUPW
PNPHPǁBKP VQPSBCOJLV TMFEFǁF SB[FO [HPSBK
OBWFEFOJI GVOLDJK JNB QPE LPOUSPMP JO QSJ
SPLJ WTF QPNFNCOF JOGPSNBDJKF W [WF[J [
EFMPWBOKFNOBQSBWFJOTUPQMPUOPOBQSBWP;BUP
MBILP FOPTUBWOP QPTFHBNP W QSFEOBTUBWMKFOF
QBSBNFUSF OF EB CJ QSJ UFN NPSBMJ IPEJUJ
OB NFTUP LKFS KF OBQSBWB OBNFØǁFOB 1MPØǁB
KF PQSFNMKFOB T GVOLDJKP [B TBNPEFKOP
EJBHOPTUJDJSBOKF LJ QSJLB[VKF PLWBSF GVOLDJK
LPUMBOB[BTMPOV,MJNBUTLJǁBTPWOJUFSNPTUBU
WHSBKFOWQMPØǁJOBEBMKJOTLPVQPSBCPPNPHPǁB
QSJMBHPEJUFWJ[IPEOFUPQMPUFOBQSBWFQPUSFCBN
WQSPTUPSJILJKJIßFMJNPPHSFUJ4UFNEPTFßFNP
[BIUFWBOP UFNQFSBUVSP PLPMKB [ NBLTJNBMOP
OBUBOǁOPTUKP JO J[SB[JUP QSJISBOJNP TUSPØLF
EFMPWBOKBƀBTPWOJ UFSNPTUBU KF QSJLMKVǁFO
OFQPTSFEOPOBLPUFM[EWFNBQSFWPEOJLPNBLJ
JTUPǁBTOPTMVßJUB[BQSFOPTQPEBULPWNFELPUMPN
JOUFSNPTUBUPN
1PNFNCOP7QSJNFSVEBKFOBQSBWBSB[EFMKFOBW
DPOF[VTUSF[OJNLPNQMFUPN$"3JO4VQFS$"3
J[LMPQJNPJ[GVOLDJKFLMJNBUTLFSFHVMBDJKFUPQMPUF
BMJHBOBTUBWJNPWSFßJN7LMK*[LMK
&MFLUSJǁOBQSJLMKVǁJUFWEBMKJOTLJIVQSBWMKBMOJLPW
$"3 4VQFS $"3 BMJ ǁBTPWOFHB UFSNPTUBUB
7LMK*[LMKQPßFMKJ
4QPEBKOBWFEFOFOBTUBWJUWF
TPNPßOFMFǁFKFOBQSBWBJ[LMPQMKFOBJ[FMPNSFßKB
.PSFCJUOJ TPCOJ ǁBTPWOJ UFSNPTUBU 7LMK*[LMK
MBILPQSJLMKVǁJNPOBTQPOLJJOQSFEUFNQB
PETUSBOJNPNPTUJǁFL94MJLB
1SFQSJǁBKUF
TFǁFKFTQPKUFSNPTUBUB7LMK*[LMKiǁJTUFHBuUJQB
UKOFPEWJTFOPEPNSFßOFOBQFUPTUJ7OBTQSPUOFN
QSJNFSV CJ QSJØMP EP QPØLPEC OB FMFLUSPOTLJ
QMPØǁJ$"3BMJ4VQFS$"3PCJǁBKOPQSJLMKVǁJNP
T TQPOLBNB */ JO */ OB TQPOLJ JO LP
PETUSBOJNP NPTUJǁFL 9 OB FMFLUSPOTLJ QMPØǁJ
W LPUMV
T UFN EB VQPØUFWBNP QPMBSOPTU 4MJLB
,MKVCUFNVEB[OFQSBWJMOPQSJLMKVǁJUWJKPOF
QPØLPEVKFNP VQSBWMKBMOJLB $"3 W UFN QSJNFSV
OFCPEFMPWBM/BLPUFMMBILPQSJLMKVǁJNPMFFEFO
EBMKJOTLJVQSBWMKBMOJL
1PNFNCOP1SJVQPSBCJEBMKJOTLFHBVQSBWMKBMOJLB
$PNBOEP "NJDP 3FNPUP VQPSBCOJL PCWF[OP
[BHPUPWJEWFSB[OPMJLJOBQFMKBWJWTLMBEV[WFMKBWOJNJ
TUBOEBSEJLJTFUJǁFKPFMFLUSJǁOJIOBQSBW/PCFOB
DFWOBQSBWFOFTNFCJUJVQPSBCMKFOBLPUP[FNMKJUFW
FMFLUSJǁOFBMJUFMFGPOTLFOBQFMKBWF1PTLSCJUFUVEJ
EB TF UP OF [HPEJ W ǁBTV QSJLMKVǁFWBOKB LPUMB OB
FMFLUSJǁOPPNSFßKF
r ,ÊUGBKUBUÃWWF[ÊSMǡLBQIBUÓ"NJDP5ÃWWF[ÊSMǡ
$"3
ÃCSB
ÊT 4VQFS "NJDP 5ÃWWF[ÊSMǡ
4VQ F S $ " 3 ÃCS B N J O E F H Z J L
JEǡKÃSÃTGÛHHǡQSPHSBNP[IBUÓT[PCBUFSNPT[UÃU
NǯLÕEÊTTFM " UÃWWF[ÊSMǡ FHZTÊHFL B[ FMǡ[ǡ
QPOUCBO GPHMBMUBLPO UÙM MFIFUǡTÊHFU BEOBL
B GFMIBT[OÃMÓOBL IPHZ GPMZBNBUPTBO ÊT B
MFHOBHZPCCLÊOZFMFNCFOFMMFOǡSJ[[FBLÊT[ÛMÊL
ÊT B GǯUÊTJ SFOET[FS NǯLÕEÊTÊSF WPOBULP[Ó
WBMBNFOOZJ MÊOZFHFT JOGPSNÃDJÓU JMMFUWF
VHZBOJMZFO LÊOZFMNFTFO NFHWÃMUP[UBTTB B
LPSÃCCBO CFÃMMÎUPUU QBSBNÊUFSFLFU BOÊMLÛM
IPHZ PEB LFMMFOF GÃSBEOJB B LÊT[ÛMÊLIF[ "
UÃWWF[ÊSMǡ FHZTÊH ÕOEJBHOPT[UJLBJ GVOLDJÓWBM
JT SFOEFMLF[JL ÎHZ B LJKFM[ǡSǡM MFPMWBTIBUÓL B
LB[ÃO NǯLÕEÊTF TPSÃO FMǡGPSEVMÓ FTFUMFHFT
SFOEFMMFOFTTÊHFL " UÃWWF[ÊSMǡ QBOFMCF ÊQÎUFUU
QSPHSBNP[IBUÓ T[PCB UFSNPT[UÃU MFIFUǡWÊ
UFT[J IPHZ B[ FMǡSFNFOǡ GǯUÊTJ IǡNÊSTÊLMFUFU
B GǯUFOEǡ IFMZJTÊH UÊOZMFHFT IǡT[ÛLTÊHMFUÊIF[
JHB[ÎUTVL ÎHZ B LÎWÃOU IǡNÊSTÊLMFUJ ÊSUÊLFU B
CFSFOEF[ÊTSFOELÎWÛMQPOUPTBOCJ[UPTÎUKBF[ÃMUBM
QFEJH OZJMWÃOWBMÓBO DTÕLLFO B[ Û[FNFMUFUÊTJ
LÕMUTÊH"QSPHSBNP[IBUÓUFSNPT[UÃULÕ[WFUMFOÛM
BLB[ÃOUÓMLBQKBBUÃQGFT[ÛMUTÊHFUVHZBOB[POB
FSFTLÃCFMFOBNFMZBLB[ÃOÊTBUFSNPT[UÃULÕ[UJ
BEBUÃUWJUFMSFJTT[PMHÃM
'POUPT "[ BSSB T[PMHÃMÓ LÊT[MFU TFHÎUTÊHÊWFM
[ÓOÃLSBPT[UPUUCFSFOEF[ÊTFTFUÊCFOB$"3UÊTB
4VQFS$"3UÙHZLFMMIBT[OÃMOJIPHZLJJLUBUKBB[
JEǡKÃSÃTGÛHHǡIǡNÊSTÊLMFUT[BCÃMZP[ÓGVOLDJÓUB[B[
#F,JÛ[FNNÓESBÃMMÎUKB
$"3 4VQFS $"3 5ÃWWF[ÊSMǡ WBHZ ,J#F
LBQDTPMIBUÓ QSPHSBNP[IBUÓ T[PCB UFSNPT[UÃU
FMFLUSPNPT DTBUMBLP[UBUÃTB WÃMBT[UIBUÓ
"[
BMÃCCJBLCBO MFÎSU NǯWFMFUFL FMWÊH[ÊTF FMǡUU B
LÊT[ÛMÊLFUÃSBNUBMBOÎUBOJLFMM"[FTFUMFHFT,J#F
LBQDTPMÓT T[PCB UFSNPT[UÃUPU B FT ÊT FT
TPSLBQPDTSB LFMM CFLÕUOJ B[ 9FT ÃULÕUÊT
NFHT[ǯOUFUÊTÊWFMÃCSB
.FHLFMMCJ[POZPTPEOJ
SÓMBIPHZB,J#FLBQDTPMÓTUFSNPT[UÃUÊSJOULF[ÊTF
iUFSIFMÊTNFOUFTu WBHZJT IÃMÓ[BUJ GFT[ÛMUTÊHUǡM
GÛHHFUMFO MFHZFO FMMFOLF[ǡ FTFUCFO LÃSPTPEJL B[
FMFLUSPOJLVTT[BCÃMZP[ÓLÃSUZB"[FTFUMFHFT$"3
WBHZ 4VQFS $"3 UÃWWF[ÊSMǡ FHZTÊHFU B[ */ ÊT
*/TPSLBQDTPLTFHÎUTÊHÊWFMBLB[ÃOCBOUBMÃMIBUÓ
FMFLUSPOJLVT LÃSUZB FT ÊT BT TPSLBQDTÃSB
LFMMCFLÕUOJB[9FTÃULÕUÊTNFHT[ǯOUFUÊTÊWFM
B QPMBSJUÃTPL GJHZFMFNCF WÊUFMÊWFM ÃCSB
" GÃ[JTOVMMB GFMDTFSÊMÊTF OFN LÃSPTÎUKB B $"3
UÃWWF[ÊSMǡ FHZTÊHFU EF OFN UFT[J MFIFUǡWÊ B
NǯLÕEÊTÊU $TBL FHZ UÃWWF[ÊSMǡ FHZTÊHFU MFIFU B
LB[ÃOSBDTBUMBLP[UBUOJ
'POUPT "NJDP 5ÃWWF[ÊSMǡ FHZTÊH BMLBMNB[ÃTB
FTFUÊO B[ FMFLUSPNPT IÃMÓ[BUPLSB WPOBULP[Ó
IBUÃMZPT
FMǡÎSÃTPL ÊSUFMNÊCFO LÕUFMF[ǡ LÊU LÛMÕOÃMMÓ
ÃSBNLÕSU MÊUFTÎUFOJ " LB[ÃO DTÕWFJU TPIB OFN
T[BCBEFMFLUSPNPTWBHZUFMFGPOWF[FUÊLGÕMEFMÊTÊSF
IBT[OÃMOJÊTFUJMBMPNCFUBSUÃTÃUBLB[ÃOFMFLUSPNPT
CFLÕUÊTFFMǡUUFMMFOǡSJ[OJJTLFMM
'JH
Stránka 11 z 62
3ZT
r ̺ ͸ͪͶͳ΂ͳͳ ͳͷͰΉͽͼΊ ͽͳͺͪ ͯͳͼͽͪ͸΁ͳ͹͸͸͹ͭ͹
;ͺͻͪͬͶͰ͸ͳΊ i̽ͳͼͽͪ͸΁ͳ͹͸͸͹Ͱ ͌ͺͻͪͬͶͰ͸ͳͰ
̽ͻ;ͭu$"3
'JH
ͳi͊;ͺͰͻ̽ͳͼͽͪ͸΁ͳ͹͸͸͹Ͱ
͌ͺͻͪͬͶͰ͸ͳͰ̽ͻ;ͭu4VQFS$"3
́ͶͶ
͹ͫͪ
ͻͪͫ͹ͽͪΉͽ͹ͽ͵Ͷͳͷͪͽͳ΂Ͱͼͳ΀΀ͻ͹͸͹ͽͰͻͷͪͼͽͪͽ͹ͬ
͎ͻ͹͸͹ͽͰͻͷͪͼͽͪͽͳ΂Ͱͼ͵ͳͰ ͺͪ͸ͰͶͳ ͺ͹Ͳͬ͹ͶΊΉͽ
ͺ͹Ͷ·Ͳ͹ͬͪͽͰͶΉ͵ͻ͹ͷͰͬΆ΃Ͱ;͵ͪͲͪ͸͸Ά΀Ϳ;͸͵΁ͳʹ
ͳͷͰͽ·ͺ͹ͯ͵͹͸ͽͻ͹ͶͰͷͪͭͶͪͬ͸͹Ͱͺ͹ͯͻ;͵͹ʹͬͼΉ
͸Ͱ͹ͫ΀͹ͯͳͷ;Ήͳ͸Ϳ͹ͻͷͪ΁ͳΉ͹ͽ͸͹ͼͳͽͰͶ·͸͹ͻͪͫ͹ͽΆ
ͪͭͻͰͭͪͽͪͳͽͰͻͷͳ΂Ͱͼ͵͹ʹ;ͼͽͪ͸͹ͬ͵ͳͼͬ͹Ͳͷ͹ͱ͸͹ͼͽ·Ή
ͲͪͷͰ͸ͳͽ· ͬ ͶΉͫ͹ʹ ͷ͹ͷͰ͸ͽ ͺͻͰͯͬͪͻͳͽͰͶ·͸͹
ͬͬͰͯ΋͸͸ΆͰͺͪͻͪͷͰͽͻΆ͸ͰͺͰͻͰͷͰ΄ͪΊͼ·ͺͻͳΈͽ͹ͷ
ͽ;ͯͪͭͯͰͫΆͶ;ͼͽͪ͸͹ͬͶͰ͸ͪͭͻͰͭͪͽ͈ͪ͸ͰͶ·͹ͼ͸ͪ΄Ͱ͸ͪ
ͼͪͷ͹͵͹͸ͽͻ͹ͶͰͷ͵͹ͽ͹ͻΆʹ͹ͽ͹ͫͻͪͱͪͰͽ͸ͪͯͳͼͺͶͰͰ
ͬͼͰ ͬ͹Ͳͷ͹ͱ͸ΆͰ ͸Ͱͺ͹Ͷͪͯ͵ͳ ͻͪͫ͹ͽΆ ͫ͹ʹͶͰͻͪ
̓Ͷͳͷͪͽͽͳ΂Ͱͼ͵ͳʹ ΀ͻ͹͸͹ͽͰͻͷ͹ͼͽͪͽ ͬͼͽͻ͹Ͱ͸ ͬ
ͺͪ͸ͰͶ·ͯͳͼͽͪ͸΁ͳ͹͸͸͹ͭ͹;ͺͻͪͬͶͰ͸ͳΊͳͺ͹Ͳͬ͹ͶΊͰͽ
ͻͰͭ;Ͷͳͻ͹ͬͪͽ·ͽͰͷͺͰͻͪͽ;ͻ;ͺ͹ͯͪ΂ͳ;ͼͽͪ͸͹ͬ͵ͳ
ͬͲͪͬͳͼͳͷ͹ͼͽͳ͹ͽ͸Ͱ͹ͫ΀͹ͯͳͷ͹ͼͽͳ͹ͽ͹ͺͶͰ͸ͳΊ
ͺ͹ͷͰ΄Ͱ͸ͳΊͽͪ͵ͳͷ͹ͫͻͪͲ͹ͷ΂ͽ͹ͫΆͺ͹Ͷ;΂ͳͽ·
ͱͰͶͪͰͷ;ΉͽͰͷͺͰͻͪͽ;ͻ;ͺ͹ͷͰ΄Ͱ͸ͳΊͼͬΆͼ͹͵͹ʹ
ͽ͹΂͸͹ͼͽ·ΉͪͲ͸ͪ΂ͳͽͳͼ͹΂Ͱͬͳͯ͸͹ʹΈ͵͹͸͹ͷͳͰʹ
Ͳͪͽͻͪͽ͎ͻ͹͸ͽͰͻͷ͹ͼͽͪͽͺͳͽͪͰͽͼΊ͸Ͱͺ͹ͼͻͰͯͼͽͬͰ͸͸͹
͹ͽͫ͹ʹͶͰͻͪͼͺ͹ͷ͹΄·ΉͽͰ΀ͱͰͺͻ͹ͬ͹ͯ͹ͬ͵͹ͽ͹ͻΆͰ
ͼͶ;ͱͪͽͯͶΊͺͰͻͰͯͪ΂ͳͯͪ͸͸Ά΀ͷͰͱͯ;ͫ͹ʹͶͰͻ͹ͷͳ
΀ͻ͹͸͹ͽͰͻͷ͹ͼͽͪͽ͹ͷ
̺ͪͱ͸͹̾ͼͶͳ;ͼͽͪ͸͹ͬ͵ͪͻͪͲͯͰͶͰ͸ͪ͸ͪͲ͹͸Άͼͺ͹ͷ͹΄·Ή
ͼͺͰ΁ͳͪͶ·͸͹ͭ͹͵͹ͷͺͶͰ͵ͽͪ$"3ͳ4VQFS$"3ͯ͹ͶͱͰ͸
ͫΆͽ·ͳͼͺ͹Ͷ·Ͳ͹ͬͪ͸ͫͰͲͿ;͸͵΁ͳͳ͵Ͷͳͷͪͽͳ΂Ͱͼ͵͹ͭ͹
ͽͰͻͷ͹ͻͰͭ;Ͷͳͻ͹ͬͪ͸ͳΊͽ͹Ͱͼͽ·ͻͪͫ͹ͽͪΊͬͻͰͱͳͷͰ
̺͵Ͷ̺Ά͵Ͷ
͖ͶͰ͵ͽͻͳ΂Ͱͼ͵ͳͰͺ͹ͯ͵ͶΉ΂Ͱ͸ͳͰ$"34VQFS$"3
ͳͶͳ ΀ͻ͹͸͹ͽͰͻͷ͹ͼͽͪͽͪ ̺͵Ͷ̺Ά͵Ͷ ͇ͺ΁ͳΊ
͆ͳͱͰ͹ͺͳͼͪ͸͸ΆͰ͹ͺͰͻͪ΁ͳͰͯ͹Ͷͱ͸Άͫͪͽ·ͺͻ͹ͳͲͬͰͯͰ͸͸Ά
ͺ͹ͼͶͰ ͹ͽ͵ͶΉ΂Ͱ͸ͳΊ ͸ͪͺͻΊͱͰ͸ͳΊ ͹ͽ ͪͭͻͰͭͪͽͪ
͏ͳͿͻ͹ͬ͹Ͱ ̽ͳͼͽͪ͸΁ͳ͹͸͸͹Ͱ ͌ͺͻͪͬͶͰ͸ͳͰ ͳͶͳ
΀ͻ͹͸͹ͽͰͻͷ͹ͼͽͪͽͺ͹ͷͰ΄Ͱ͸ͳΊ̺͵Ͷ̺Ά͵Ͷͺ͹ͯ͵ͶΉ΂ͪͰͽͼΊ
͵͵ͶͰͷͷͪͷͳ;ͯͪͶΊΊͺͰͻͰͷΆ΂͵;9́ͶͶ
͌ͫͰͯͳͽ·ͽͼΊ΂ͽ͹͵͹͸ͽͪ͵ͽͽͰͻͷ͹ͼͽͪͽ̺ͪ͵Ͷ̺Ά͵Ͷ
jͼ;΀͹ͭ͹vͽͳͺͪͽ͹Ͱͼͽ·͸ͰͲͪͬͳͼͳͽ͹ͽ͸ͪͺͻΊͱͰ͸ͳΊͼͰͽͳ
ͬͺͻ͹ͽͳͬ͸͹ͷͼͶ;΂ͪͰͺ͹Ͷ;΂ͳͽ;΄ͰͻͫΈͶͰ͵ͽͻ͹͸͸Άʹ
ͫͶ͹͵ͻͰͭ;Ͷͳͻ͹ͬͪ͸ͳΊ$"3ͳͶͳ4VQFS$"3ͯ͹Ͷͱ͸͹
ͫΆͽ·ͺ͹ͯ͵ͶΉ΂Ͱ͸͹ͼͺ͹ͷ͹΄·Ή͵ͶͰͷͷ͹ͬ*/ͳ*/͵
͵ͶͰͷͷͪͷͳ;ͯͪͶΊΊͺͻͳΈͽ͹ͷͺͰͻͰͷΆ΂͵;9͸ͪ
ΈͶͰ͵ͽͻ͹͸͸͹ͷͫͶ͹͵Ͱͬͫ͹ʹͶͰͻͰͺͻͳͯͰͻͱͳͬͪΊͼ·ͿͪͲ
́ͶͶ
͈͹ͯ͵ͶΉ΂Ͱ͸ͳͰ͵͸ͰͺͻͪͬͳͶ·͸͹ʹͿͪͲͰ΀͹ͽΊ
ͳ͸Ͱ͸ͪͼͳͽ;΄Ͱͻͫ̽ͳͼͽͪ͸΁ͳ͹͸͸͹ͷ;͌ͺͻͪͬͶͰ͸ͳΉ
̽ͻ;ͭ͸͹ͺͻͰͺΊͽͼͽͬ;ͰͽͰͭ͹ͻͪͫ͹ͽͰ̓ͫ͹ʹͶͰͻ;ͷ͹ͱ͸͹
ͺ͹ͯ͵ͶΉ΂ͳͽ·ͽ͹Ͷ·͵͹͹ͯ͸;ͯͳͼͽͪ͸΁ͳ͹͸͸;Ήͺͪ͸ͰͶ·
̺ͪͱ͸͹̺ͼͶ;΂ͪͰͳͼͺ͹Ͷ·Ͳ͹ͬͪ͸ͳΊ̽ͳͼͽͪ͸΁ͳ͹͸͸͹ͭ͹
;ͺͻͪͬͶͰ͸ͳΊ ̽ͻ;ͭ ͏ͳͿͻͪͬ͹ͭ͹ ̽ͳͼͽͪ͸΁ͳ͸͸͹ͭ͹
͌ͺͻͪͬͶͰ͸ͳΊͳͶͳͶΉͫ͹ͭ͹΀ͻ͹͸͹ͽͰͻͷ͹ͼͽͪͽ̺ͪ͵Ͷ
̺Ά͵Ͷ͸Ͱ͹ͫ΀͹ͯͳͷ͹ͺͻͰͯ͹ͼͽͪͬͳͽ·ͯͬͰ͹ͽͯͰͶ·͸Ά΀
Ͷͳ͸ͳͳ ͼ͹ͭͶͪͼ͸͹ ͯͰʹͼͽͬ;Ή΄ͳ ͸͹ͻͷͪͽͳͬ͸Άͷ
ͽͻͰͫ͹ͬͪ͸ͳΊͷ ͵ͪͼͪΉ΄ͳ΀ͼΊ ΈͶͰ͵ͽͻͳ΂Ͱͼ͵ͳ΀
;ͼͽͪ͸͹ͬ͹͵ ̺Ͱͼ· ͽͻ;ͫ͹ͺͻ͹ͬ͹ͯ ͵͹ͽͶͪ ͸Ͱ ͯ͹ͶͱͰ͸
͸ͳ͵͹ͭͯͪͫΆͽ·ͳͼͺ͹Ͷ·Ͳ͹ͬͪ͸͵ͪ͵͵ͶͰͷͷͪͲͪͲͰͷͶͰ͸ͳΊ
ΈͶͰ͵ͽͻ͹ͺͻ͹ͬ͹ͯ͵ͳͳͽͰͶͰͿ͹͸͸͹ʹͶͳ͸ͳͳ͌ͫͰͯͳͽ·ͼΊͬ
Έͽ͹ͷͺͰͻͰͯΈͶͰ͵ͽͻͳ΂Ͱͼ͵ͳͷͺ͹ͯ͵ͶΉ΂Ͱ͸ͳͰͷͫ͹ʹͶͰͻͪ
0CS
TMJLB ÃCSB ́ͶͶ
&4
1-
$;
'JH
'JH
3ZT
3ZT
0CS
0CS
TMJLB
TMJLB
ÃCSB
ÃCSB
́ͶͶ
́ͶͶ
40/%"&95&3*03%&
5&.1&3"563""$$&403*0
&TUB TPOEB 'JH TF QVFEF DPOFDUBS EJSFDUB
NFOUFBMBJOTUBMBDJÓOFMÊDUSJDBEFMBDBMEFSBQFS
NJUJFOEPSFEVDJSBVUPNÃUJDBNFOUFMBUFNQFSBUVSB
NÃYJNB EF TBMJEB B MB JOTUBMBDJÓO EF DBMFGBDDJÓO
DVBOEPBVNFOUBMBUFNQFSBUVSBFYUFSJPSEFGPSNB
RVFFMDBMPSQSPQPSDJPOBEPBMBJOTUBMBDJÓOTFBKVTUF
B MBT WBSJBDJPOFT EF MB UFNQFSBUVSB FYUFSJPS -B
TPOEBFYUFSJPSBDUÙBTJFNQSFRVFFTUÃDPOFDUBEB
JOEFQFOEJFOUFNFOUFEFRVFFYJTUBPOPDSPOPUFS
NPTUBUPBNCJFOUFZEFDVÃMTFBTVUJQPQVEJFOEP
GVODJPOBSFODPNCJOBDJÓODPOMPTDSPOPUFSNPTUB
UPT*NNFSHBT-BSFMBDJÓOFOUSFMBUFNQFSBUVSBEF
EFTDBSHBQBSBDBMFGBDDJÓOZMBUFNQFSBUVSBFYUFSJPS
EFQFOEFEFMPTQBSÃNFUSPTDPOêHVSBEPTFOFMNFOÙ
i$0/'*(63uFOFMBQBSUBEPi5&3.03&(uTFHÙO
MBTDVSWBTSFQSFTFOUBEBTFOFMEJBHSBNB'JH
-B DPOFYJÓO FMÊDUSJDB EF MB TPOEB FYUFSJPS EFCF
TFSSFBMJ[BEBDPOMPTCPSOFTZEFMBUBSKFUB
FMFDUSÓOJDBEFMBDBMEFSB'JH
$;6+/*,;&8/Ɗ53;/:ю40/%"я
5&.1&3"563:ю01$+"я
;FXONjUS[OZD[VKOJLUFNQFSBUVSZ3ZT
NPǻF
CZǀQPEƾD[POZCF[QPǧSFEOJPEPLPUBJVNPǻMJXJB
BVUPNBUZD[OF [NOJFKT[FOJF NBLTZNBMOFK
UFNQFSBUVSZ XZTZBOFK [ JOTUBMBDKJ X DIXJMJ
[XJNjLT[FOJB TJNj [FXONjUS[OFK UFNQFSBUVSZ UBL CZ
EPTUPTPXBǀDJFQPEPTUBSD[BOFJOTUBMBDKJEPSÓǻOJD
UFNQFSBUVSZ[FXONjUS[OFK
;FXONjUS[OZ D[VKOJL KFTU [BXT[F BLUZXOZ
OJF[BMFǻOJF PE PCFDOPǧDJ MVC SPE[BKV UFSNPTUBUV
DISPOPNFUSZD[OFHP J NPǻF XTQӐE[JBBǀ [
UFSNPTUBUFN DISPOPNFUSZD[OZN *NNFSHBT
4UPTVOFL UFNQFSBUVSZ XZTZBOFK EP JOTUBMBDKJ
EP UFNQFSBUVSZ [FXONjUS[OFK KFTU PLSFǧMPOZ
QS[F[ QBSBNFUSZ VTUBXJPOF OB t,0/'*(u
OB QP[ZDKJ t5&3.03&(u XFEVH LS[ZXZDI
QS[FETUBXJPOZDIOBXZLSFTJF3ZT
1PƾD[FOJF
FMFLUSZD[OF[FXONjUS[OFHPD[VKOJLBOBMFǻZXZLPOBǀ
[B QPǧSFEOJDUXFN [BDJTLÓX J OB LBSDJF
FMFLUSPOJD[OFKLPUB3ZT
4*45&."4%&50."%&"*3&:&7"њ
$6"$*¶/%&)6.04*..&3("4
*NNFSHBTTVNJOJTUSBQPSTFQBSBEPEFMBTDBMEFSBT
EJTUJOUBTTPMVDJPOFTQBSBMBJOTUBMBDJÓOEFUFSNJOB
MFTEFBTQJSBDJÓOEFBJSFZEFEFTDBSHBEFIVNPTTJO
MPTRVFMBDBMEFSBOPQVFEFGVODJPOBS
4:45&.:,"/"Š¶8%:./:$)
*..&3("4
4QӐLB *NNFSHBT EPTUBSD[B PEE[JFMOJF SÓǻOF
TZTUFNZ EP NPOUBǻV QS[FXPEÓX [BTZTBOJB
QPXJFUS[B J PEQSPXBE[BOJB TQBMJO CF[ LUÓSZDI
LPDJPOJFNPǻFGVOLDKPOPXBǀ
"UFODJÓO MB DBMEFSB TÓMP QVFEF TFS JOTUBMBEB
DPOKVOUBNFOUFDPOVOEJTQPTJUJWPEFBTQJSBDJÓO
EFBJSFZEFEFTDBSHBEFIVNPTRVFTFBPSJHJOBM
*NNFSHBTDPNPFTUÃQSFWJTUPQPSMBOPSNBUJWB
&TUBTQJF[BTTFJEFOUJêDBOQPSVOBNBSDBEJTUJO
UJWBRVFDPOUJFOFMBOPUBiOPQBSBDBMEFSBTEF
DPOEFOTBDJÓOu
6XBHB ,PDJP QPXJOJFO CZǀ [BJOTUBMPXBOZ
XZƾD[OJF SB[FN [ PSZHJOBMOZN QS[FXPEFN
GJSNZ *NNFSHBT EP [BTZTBOJB QPXJFUS[B J
PEQSPXBE[BOJB TQBMJO 5FHP SPE[BKV QS[FXPEZ
NPHƾ CZǀ SP[QP[OBOF QS[F[ XZSÓǻOJBKƾDF KF
P[OBLPXBOJF [ OBQJTFN iOJF QS[F[OBD[POZ EP
LPUÓXLPOEFOTBDZKOZDIu
-PTDPOEVDUPTEFTBMJEBEFIVNPTOPEFCFOFOUSBSFO
DPOUBDUPOJBQSPYJNBSTFEFNBTJBEPBNBUFSJBMFTJO
ëBNBCMFTQPSPUSBQBSUFOPEFCFOBUSBWFTBSDBOBMFT
EFDPOEVDDJÓOPQBSFEFTEFNBUFSJBMJOëBNBCMF
1S[FXPEZPEQSPXBE[BOJBTQBMJOOJFQPXJOOZTUZLBǀ
TJNj [ BUXP QBMOZNJ NBUFSJBBNJ B QPOBEUPOJF
QPXJOOZQS[FDIPE[JǀQS[F[LPOTUSVLDKFCVEPXMBOF
MVCǧDJBOZXZLPOBOF[BUXPQBMOFHPNBUFSJBV
r 'BDUPSFTEFSFTJTUFODJBZMPOHJUVEFTFRVJWBMFOUFT
$BEBDPNQPOFOUFEFUPNBEFBJSFFWBDVBDJÓO
EFIVNPTUJFOFVO 'BDUPSEFSFTJTUFODJBEFUFS
NJOBEPQPSQSVFCBTFYQFSJNFOUBMFTRVFSFDPHF
MBUBCMBTJHVJFOUF&M'BDUPSEFSFTJTUFODJBEFDBEB
DPNQPOFOUFFTJOEFQFOEJFOUFEFMUJQPEFDBMEFSB
FOMBRVFTFNPOUFZFTVOBNBHOJUVEBEJNFO
TJPOBM%FQFOEFFODBNCJPEFMBUFNQFSBUVSB
EFMPTëVJEPTRVFQBTBOEFOUSPEFMDPOEVDUPZ
QPSMPUBOUPWBSÎBFOGVODJÓOEFTJTPOFNQMFBEPT
FOMBBTQJSBDJÓOEFBJSFPFOMBTBMJEBEFIVNPT
$BEBDPNQPOFOUFUJFOFBTPDJBEBVOBSFTJTUFODJB
RVFDPSSFTQPOEFBVOBEFUFSNJOBEBMPOHJUVEFO
NFUSPT EF UVCP EFM NJTNP EJÃNFUSP MMBNBEB
MPOHJUVEFRVJWBMFOUFRVFTFPCUJFOFBQBSUJSEF
MBSFMBDJÓOFOUSFMPT'BDUPSFTEFSFTJTUFODJB5PEBT
MBTDBMEFSBTUJFOFOVO'BDUPSEFSFTJTUFODJBNÃYJ
NPRVFQVFEFNFEJSTFFYQFSJNFOUBMNFOUFZRVF
TF EFêOF JHVBM B &M 'BDUPS EF SFTJTUFODJB
NÃYJNPBENJTJCMFDPSSFTQPOEFBMBSFTJTUFODJB
PCUFOJEBDPOMBNÃYJNBMPOHJUVEBENJTJCMFEF
UVCPTQBSBUPEPTMPTUJQPTEF,JU5FSNJOBM&M
DPOKVOUPEFFTUBJOGPSNBDJÓOQFSNJUFFGFDUVBS
DÃMDVMPTQBSBFMQMBOUFPEFEJTUJOUBTTPMVDJPOFT
EFUPNBEFBJSFFWBDVBDJÓOEFIVNPT
r $[ZOOJLJPEQPSOPǧDJJEVHPǧDJFLXJXBMFOUOF
$PMPDBDJÓOEFMBTKVOUBTEFEPCMFMBCJP
1BSBDPMPDBSKVOUBTEFMBCJPFOMPTDPEPTZFYUFO
TJPOFT FT OFDFTBSJP TFHVJS FM TFOUJEP EF NPOUBKF
SFQSFTFOUBEPFOMBêHVSB'JH
1P[ZDKPOPXBOJF QPEXÓKOZDI VT[D[FMFL
XBSHPXZDI "CZ QSBXJEPXP VNJFǧDJǀ VT[D[FMLJ
XBSHPXF OB LPMBOLBDI J QS[FEVǻBD[BDI OBMFǻZ
QS[FTUS[FHBǀLJFSVOLVNPOUBǻPXFHPXTLB[BOFHP
OBSZTVOLV3ZT
,BǻEZ QS[FXÓE QPTJBEB D[ZOOJL PEQPSOPǧDJ
PCMJD[POZOBQPETUBXJFQSÓCEPǧXJBED[BMOZDIJ
QPEBOZXQPOJǻT[FKUBCFMJ$[ZOOJLPEQPSOPǧDJ
EBOFHP LPNQPOFOUV OJF [BMFǻZ PE SPE[BKV
LPUB EP LUÓSFHP [PTUBOJF [BNPOUPXBOZ J
KFTU XJFMLPǧDJƾ CF[XZNJBSPXƾ+FTU OBUPNJBTU
VXBSVOLPXBOZ UFNQFSBUVSƾ QS[FQZXBKƾDFK
DJFD[ZB[BUFNSÓǻOJTJNjX[BMFǻOPǧDJD[ZQS[FXÓE
CNjE[JFXZLPS[ZTUBOZEP[BTZTBOJBQPXJFUS[BMVC
EPPEQSPXBE[BOJBTQBMJO,BǻEZLPNQPOFOUNB
PEQPSOPǧǀ PEQPXJBEBKƾDƾ QFXOFK EVHPǧDJ X
NFUSBDIQS[FXPEVPUZNTBNZNQS[FLSPKVU[X
EVHPǧǀFLXJXBMFOUOBPCMJD[POBOBQPETUBXJF
TUPTVOLV NJNjE[Z PEQPXJFEOJNJ D[ZOOJLBNJ
PEQPSOPǧDJ8T[ZTULJFLPUZNBKƾNBLTZNBMOZ
D[ZOOJL PEQPSOPǧDJ PCMJD[POZ EPǧXJBED[BMOJF
SÓXOZ.BLTZNBMOZEPQVT[D[BMOZD[ZOOJL
PEQPSOPǧDJPEQPXJBEBPEQPSOPǧDJXZTUNjQVKƾDFK
QS[Z NBLTZNBMOFK EPQVT[D[BMOFK EVHPǧDJ
QS[FXPEÓXXLBǻEZN[FTUBXJFQS[FXPEÓX5F
XT[ZTULJF JOGPSNBDKF VNPǻMJXJBKƾ XZLPOBOJF
PCMJD[Fǝ DFMFN TQSBXE[FOJB NPǻMJXPǧDJ
XZLPOBOJBSÓǻOZDILPOêHVSBDKJQS[FXPEÓX
Stránka 12 z 62
7&/,07/±5&1&-/¦40/%"
ю70-*5&-/Ɔя
5BUPTPOEB0CS
KFQǥÎNPQǥJQPKJUFMOÃLFMFL
USJDLÊNV [BǥÎ[FOÎ LPUMF B VNPßǞVKF BVUPNBUJDLZ
TOÎßJUNBYJNÃMOÎUFQMPUVQǥFEÃWBOPVEPTZTUÊNV
QǥJ[WÝØFOÎWFOLPWOÎUFQMPUZ5ÎNTFEPEÃWBOÊUFQMP
QǥJ[QDzTPCÎ WÝLZWDzN WFOLPWOÎ UFQMPUZ 7FOLPWOÎ
TPOEBQPLVEKFQǥJQPKFOBGVOHVKFTUÃMFOF[ÃWJTMF
OB QǥÎUPNOPTUJ OFCP UZQV QPVßJUÊIP QPLPKPWÊIP
ǁBTPWÊIP UFSNPTUBUV B NDzßF QSBDPWBU W LPNCJ
OBDJTǁBTPWÝNUFSNPTUBUFN*NNFSHBT4PVWJTMPTU
NF[JUFQMPUPVEPEÃWBOPVEPTZTUÊNVBWFOLPWOÎ
UFQMPUPVKFVSǁFOBQBSBNFUSZOBTUBWFOÝNJWNFOV
t,0/'*(63i W QPMPßDF t5&3.03&(i QPEMF
LǥJWFL VWFEFOÝDI W HSBGV 0CS
7FOLPWOÎ
TPOEB TF QǥJQPKVKF LF TWPSLÃN B OB FMFL
USPOJDLÊEFTDFLPUMF0CS
,06Ƥ07­4:45­.:*..&3("4
4QPMFǁOPTU*NNFSHBTEPEÃWÃOF[ÃWJTMFOBLPUMÎDI
SDz[OÃǥFØFOÎQSPJOTUBMBDJLPODPWFLQSPOBTÃWÃOÎ
W[EVDIV B WZGVLPWÃOÎ LPVǥF CF[ LUFSÝDI LPUFM
OFNDzßFGVOHPWBU
6QP[PSOLJOÎ ,PUFM NVTÎ CÝU JOTUBMPWÃO
WÝISBEOLJ L PSJHJOÃMOÎNV [BǥÎ[FOÎ OB OBTÃWÃOÎ
W[EVDIV B PEWPE TQBMJO TQPMFǁOPTUJ *NNFS
HBT 5BLPWÝ LPVǥPWPE KF NPßOÊ SP[QP[OBU
QPEMF JEFOUJGJLBǁOÎIP ØUÎULV T OÃTMFEVKÎDÎN
VQP[PSOLJOÎN iOFOÎ VSǁFOP QSP LPOEFO[BǁOÎ
LPUMFu
1PUSVCÎ QSP PEWPE TQBMJO OFTNÎ CÝU W LPOUBLUV
OFCPWCMÎ[LPTUJIPǥMBWÝDINBUFSJÃMDzBLSPNLJUPIP
OFTNÎQSPDIÃ[FUIPǥMBWÝN[EJWFNOFCPTULJOBNJ[
IPǥMBWÊIPNBUFSJÃMV
r 0EQPSPWÊ GBLUPSZ B FLWJWBMFOUOÎ EÊMLZ ,BßEÝ
QSWFL LPVǥPWÊIP TZTUÊNV NÃ PEQPSPWÝ GBL
UPS PEWP[FOÝ [ FYQFSJNFOUÃMOÎDI [LPVØFL
B VWFEFOÝ W OÃTMFEVKÎDÎ UBCVMDF 0EQPSPWÝ
GBLUPSKFEOPUMJWÝDIQSWLDzKFOF[ÃWJTMÝOBUZQV
LPUMF OB LUFSÝ CVEF JOTUBMPWÃO B KFEOÃ TF P
CF[SP[NLJSOPV WFMJLPTU+F OJDNÊOLJ QPENÎOLJO
UFQMPUPVLBQBMJOLUFSÊQPUSVCÎNQSPDIÃ[FKÎBMJØÎ
TFUFEZQǥJQPVßJUÎQSPOBTÃWÃOÎW[EVDIVBOFCP
PEWPETQBMJO,BßEÝKFEOPUMJWÝQSWFLNÃPEQPS
PEQPWÎEBKÎDÎ VSǁJUÊ EÊMDF W NFUSFDI QPUSVCÎ
TUFKOÊIPQSDzNLJSV+FEOÃTFPUBL[WBOPVFLWJWB
MFOUOÎ EÊMLV LUFSÃ KF WZQPǁJUBUFMOÃ [F W[UBIV
NF[JQǥÎTMVØOÝNJPEQPSPWÝNJGBLUPSZ7ØFDIOZ
LPUMFNBKÎNBYJNÃMOÎFYQFSJNFOUÃMOLJEPTBßJUFMOÝ
PEQPSPWÝ GBLUPS P IPEOPULJ .BYJNÃMOÎ
QǥÎQVTUOÝ PEQPSPWÝ GBLUPS PEQPWÎEÃ PEQPSV
[KJØULJOÊNVVNBYJNÃMOÎQPWPMFOÊEÊMLZQPUSVCÎ
T LBßEÝN UZQFN LPODPWÊ TPVQSBWZ 4PVISO
ULJDIUP JOGPSNBDJ VNPßǞVKF QSPWÊTU WÝQPǁUZ
QSP PWLJǥFOÎ NPßOPTUJ WZUWPǥFOÎ OFKSDz[OLJKØÎDI
LPOêHVSBDÎLPVǥPWÊIPTZTUÊNV
6NÎTULJOÎULJTOLJOÎTEWPKJUÝNPLSBKFN1SPTQSÃWOÊ
VNÎTULJOÎULJTOLJOÎTPLSBKJOBLPMFOBBQSPEMVßPWBDÎ
ǁÃTUJKFOVUOÊEPESßFUTNLJSNPOUÃßFVWFEFOÝOB
PCSÃ[LV0CS
4*
)6
36
&4
40/%"&95&3*03'JH
$PSSFDDJÓOEFUFNQFSBUVSBEFEFTDBSHBFOGVODJÓO
EFMBUFNQFSBUVSBFYUFSJPSZEFMBSFHVMBDJÓOEF
UFNQFSBUVSBDBMFGBDDJÓOFGFDUVBEBQPSFMVTVBSJP
5.."9.*/3BOHPUFNQEFTDTFMFDDJPOBEP
5&5FNQFSBUVSBFYUFSJPS
1-
40/%";&8/Ɗ53;/"3ZT
'VOLDKBLPSFLUZUFNQFSBUVSZXPEZUPD[POFK
X[BMFǻOPǧDJPE[FXONjUS[OFKUFNQFSBUVSZJ
PESFHVMBDKJUFNQFSBUVSZPHS[FXBOJBQS[F[
VǻZULPXOJLB
5.."9.*/;BLSFTUFNQEPQZXVXZCSBOZ
5&5FNQFSBUVSB[FXONjUS[OB
$;
7&/,07/±40/%"0CS
4OÎNÃUFQMPUVOBWÝTUVQVW[ÃWJTMPTUJOBWFOLPWOÎ
UFQMPULJBSFHVMBDJUFQMPUZWZUÃQLJOÎVßJWBUFMF
5.."9.*/;WPMFOÝUFQMPUOÎSP[TBIOB
WÝTUVQV
5&7FOLPWOÎUFQMPUB
4*
;6/"/+"40/%"4MJLB
/BE[JSBUFNQFSBUVSPPCJ[IPEVWPEWJTOPTUJPE
[VOBOKFUPQMPUFJOSFHVMBDJKFUPQMPUFPHSFWBOKBQSJ
VQPSBCOJLV
5.."9.*/*[CSBOBUPQMPUOBSB[TFßOPTUPC
J[TUPQV
5&;VOBOKBUFNQFSBUVSB
)6
,¾-4Ơ4;0/%"ÃCSB
&MǡSFNFOǡWÎ[IǡNÊSTÊLMFUÊOFLLPSSFLDJÓT
UÕSWÊOZFBLÛMTǡIǡNÊSTÊLMFUÊTBGFMIBT[OÃMÓÃMUBM
CFÃMMÎUPUUGǯUÊTJIǡNÊSTÊLMFUGÛHHWÊOZÊCFO
5.."9.*/LJWÃMBT[UPUUFMǡSFNFOǡIǡNÊSTÊLMFU
UBSUPNÃOZ
5&,ÛMTǡIǡNÊSTÊLMFU
30
̺͇͆̾͑͆́͂̀͆̽́ͶͶ
͊΂ͳͽΆͬͪͰͽ͵͹ͻͻͰ͵ͽͳͻ͹ͬͪ͸ͳͰͽͰͷͺͰͻͪͽ;ͻΆ
ͺ͹ͯͪ΂ͳͬͲͪͬͳͼͳͷ͹ͼͽͳ͹ͽͬ͸Ͱ΃͸ͰʹͽͰͷͺͰͻͪͽ;ͻΆ
ͳͻͰͭ;Ͷͳͻ͹ͬͪ͸ͳΊͺ͹Ͷ·΀͹ͬͪͽͰͶͰͷͽͰͷͺͰͻͪͽ;ͻΆ
͹ͽ͹ͺͶͰ͸ͳΊ
5.."9.*/͉ͰͱͳͷͬΆͫͻͪ͸͸͹ʹͽͰͷͺͺ͹ͯͪͬͪͰͷ͹ʹ
ͬ͹ͯΆ
5&̺͸Ͱ΃͸ΊΊͽͰͷͺͰͻͪͽ;ͻͬ
;6/"/+"501-05/"40/%"
ю01$*+"я
5B TPOEB 4MJLB KF OFQPTSFEOP QSJLMKVǁFOB
OBFMFLUSJǁOJTJTUFNLPUMBJOPNPHPǁBTBNPEFKOP
[OJßBOKF UFNQFSBUVSF LJ KP W PCMJLJ JOGPSNBDJKF
QPTSFEVKFWTJTUFNLPTFUFNQFSBUVSB[VOBKEWJHOF
4 UFN TF EPCBWMKFOB UPQMPUB QSJMBHPEJ OJIBOKFN
[VOBOKF UFNQFSBUVSF ;VOBOKB TPOEB ǁF KF
QSJLMKVǁFOBEFMVKFTUBMOPOFPEWJTOPPEQSJTPUOPTUJ
BMJUJQBVQPSBCMKFOFHBTPCOFHBUFSNPTUBUBJOMBILP
EFMVKFTLVQBKTǁBTPWOJNUFSNPTUBUPN*NNFSHBT
0EWJTOPTU NFE UFNQFSBUVSP LJ KP EPCBWMKBNP
W TJTUFN JO [VOBOKP UFNQFSBUVSP KF EPMPǁFOB T
QBSBNFUSJLJTPOBTUBWMKFOJWNFOJKVv,0/'*(63j
W QPTUBWLJ v5&3.03&(j QP LSJWVMKBI W HSBGV
4MJLB
;VOBOKPTPOEPQSJLMKVǁJNPOBTQPOLF
JOOBFMFLUSPOTLJQMPØǁJLPUMB4MJLB
,¾-4Ơ4;0/%"ю7¦-"4;5)"5¶я
&[U B ÊS[ÊLFMǡU ÃCSB
LÕ[WFUMFOÛM B LB[ÃO
FMFLUSPNPT IÃMÓ[BUÃIP[ MFIFU DTBUMBLP[UBUOJ
4FHÎUTÊHÊWFMBLB[ÃOWF[ÊSMÊTFBLÛMTǡIǡNÊSTÊLMFU
FNFMLFEÊTÊOFLGÛHHWÊOZÊCFOBVUPNBUJLVTBOLÊQFT
BGǯUÊTJFMǡSFNFOǡWÎ[IǡNÊSTÊLMFUÊUDTÕLLFOUFOJ"
LÛMTǡIǡNÊSTÊLMFUÊS[ÊLFMǡNJOEJHNǯLÕEÊTCFMÊQ
BNJLPSCFLÕUKÛLBLB[ÃOWF[ÊSMÊTÊCFGÛHHFUMFOÛMB
IBT[OÃMUT[PCBUFSNPT[UÃUUÎQVTÃUÓMWBHZKFMFOMÊUÊUǡM
"[*NNFSHBTQSPHSBNP[IBUÓT[PCBUFSNPT[UÃUUBM
FHZÛUU NǯLÕEIFU " LB[ÃO GǯUÊTJ FMǡSFNFOǡ
WÎ[IǡNÊSTÊLMFUF ÊT B LÛMTǡ IǡNÊSTÊLMFU LÕ[ÕUUJ
LBQDTPMBUPUBi$0/'*(63uNFOÛi5&3.03&(u
QPOUKÃCBOCFÃMMÎUPUUQBSBNÊUFSFLLFMLJWÃMBT[UIBUÓ
KFMMFHHÕSCÊL BEKÃL NFH ÃCSB
" LÛMTǡ
IǡNÊSTÊLMFUÊS[ÊLFMǡUBLB[ÃOFMFLUSPNPTLÃSUZÃKÃO
UBMÃMIBUÓTPSLBQPDTBTÊTFTCFLÕUÊTJQPOUKBJCB
LFMMLÕUOJÃCSB
̸̺͈͉͉͔͇͆̾͑͆́͂͋̾̾͋͌͆͂̀͆̽ͅ
ю͇͈͏́͘я
͆ͪͼͽ͹Ί΄ͳʹ Ͳ͹͸ͯ ́ͶͶ ͺ͹ͯͼ͹ͰͯͰ͸ΊͰͽͼΊ
͸Ͱͺ͹ͼͻͰͯͼͽͬͰ͸͸͹͵ͫ͹ʹͶͰͻ;ͳͺ͹Ͳͬ͹ͶΊͰͽͪͬͽ͹ͷͪͽͳ΂Ͱͼ͵ͳ
;ͷͰ͸·΃ͪͽ· ͷͪ͵ͼͳͷͪͶ·͸;Ή ͽͰͷͺͰͻͪͽ;ͻ; ͺ͹ͯͪ΂ͳ
ͬ͹ͯ͹ͺͻ͹ͬ͹ͯ͸͹ʹ ͬ͹ͯΆ ͺͻͳ ͺ͹ͬΆ΃Ͱ͸ͳͳ ͬ͸Ͱ΃͸Ͱʹ
ͽͰͷͺͰͻͪͽ;ͻΆͽͪ͵ͳͷ͹ͫͻͪͲ͹ͷͽͰͺͶ͹ͺ͹ͼͽͪͬͶΊͰͷ͹Ͱ
;ͼͽͪ͸͹ͬ͵͹ʹͲͪͬͳͼͳͽ͹ͽͬ͸Ͱ΃͸ͰʹͽͰͷͺͰͻͪͽ;ͻΆ͉ͪͫ͹ͽͪ
ͬ͸Ͱ΃͸Ͱͭ͹Ͳ͹͸ͯͪ͸ͰͲͪͬͳͼͳͽ͹ͽ͸ͪͶͳ΂ͳΊͳͶͳ͹ͽͽͳͺͪ
ͳͼͺ͹Ͷ·Ͳ;ͰͷͶͭ͹΀ͻ͹͸͹ͽͰͻͷ͹ͼͽͪͽͪͺ͹ͷͰ΄Ͱ͸ͳΊͳͷ͹ͱͰͽ
ͻͪͫ͹ͽͪͽ·ͺͻͳ͸ͪͶͳ΂ͳͰ΀ͻ͹͸͹ͽͰͻͷ͹ͼͽͪͽ͹ͬ*NNFSHBT
͊͹͹ͽ͸͹΃Ͱ͸ͳͰͷͰͱͯ;ͽͰͷͺͰͻͪͽ;ͻ͹ʹͺ͹ͯ͹ͬͪͰͷ͹ʹͬ͹ͯΆ
͸ͪ;ͼͽͪ͸͹ͬ͵;ͳͬ͸Ͱ΃͸ͰʹͽͰͷͺͰͻͪͽ;ͻ͹ʹ͹ͺͻͰͯͰͶΊͰͽͼΊ
ͺͪͻͪͷͰͽͻͪͷͳ;ͼͽͪ͸͹ͬͶͰ͸͸ͪͷͳͬͷͰ͸Ή
i$0/'*(63uͿ;͸͵΁ͳͰʹi5&3.03&(uͼ͹ͭͶͪͼ͸͹
͵ͻͳͬΆͷ ;͵ͪͲͪ͸͸Άͷ ͸ͪ ͯͳͪͭͻͪͷͷͰ ́ͶͶ ͖ͶͰ͵ͽͻͳ΂Ͱͼ͵͹Ͱ ͺ͹ͯ͵ͶΉ΂Ͱ͸ͳͰ Ͳ͹͸ͯͪ ͯ͹Ͷͱ͸͹
ͺͻ͹ͳͼ΀͹ͯͳͽ· ͼ ͺ͹ͷ͹΄·Ή ͵ͶͰͷͷ͹ͬ ͳ ͸ͪ
ΈͶͰ͵ͽͻͳ΂Ͱͼ͵͹ʹͺͶͪͽͰͫ͹ʹͶͰͻͪ́ͶͶ
%*./*4*45&.**..&3("4
%SVßCB*NNFSHBTEPCBWMKBOFPEWJTOPPELPUMPW
SB[OPWSTUOF SFØJUWF [B OBNFTUJUFW LPOǁOJD [B
TFTBOKF [SBLB JO QJIBOKF EJNB CSF[ LBUFSJI LPUFM
OFNPSFEFMPWBUJ
0QP[PSJMP ,PUFM QSJLMKVǁJUF MF OB PSJHJOBMOF
OBQSBWF[FWTFTBWBOKF[SBLBJOPEWBKBOKFJ[HPSJO
GJSNF *NNFSHBT 5BLØOP EJNOP OBQFMKBWP
QSFQP[OBUFQPJEFOUJêLBDJKTLJFUJLFUJOBLBUFSJ
CPTUF OBØMJ TMFEFǁF PQP[PSJMP iOJ QSJNFSOP [B
LPUMFTLPOEFO[PNu
$FWJ[BPEWBKBOKFQSPEVLUPWJ[HPSFWBOKBOFTNFKP
CJUJWTUJLVBMJWCMJßJOJWOFUMKJWJINBUFSJBMPWSB[FO
UFHBQBOFTNFKPCJUJOBQFMKBOFTLP[J[JEBLFBMJTUFOF
J[WOFUMKJWFHBNBUFSJBMB
r 6QPSPWOJGBLUPSKJJOFLWJWBMFOUOFEPMßJOF7TBL
FMFNFOU EJNOFHB TJTUFNB JNB VQPSPWOJ GBLUPS
J[SBǁVOBOOBQPEMBHJQSFJ[LVTPWJOKFOBWFEFO
W TMFEFǁJ UBCFMJ 6QPSPWOJ GBLUPS QPTBNF[OJI
FMFNFOUPWKFOFPEWJTFOPEUJQBLPUMBOBLBUFSFHB
TFOBNFTUJJOKFWSFEOPTUOFPEWJTOBPEEJNFO[JK
+FQBQPHPKFOTUFNQFSBUVSPUFLPǁJOLJUFǁFKP
TLP[JDFWJJOTFSB[MJLVKFKPQSJVQPSBCJ[BTFTBOKF
[SBLBBMJPEWBKBOKBQSPEVLUPWJ[HPSFWBOKB7TBL
QPTBNF[FOFMFNFOUJNBVQPSLJVTUSF[BEPMPǁFOJ
EPMßJOJWNFUSJIDFWJ[FOBLJNQSFNFSPN(SF[B
UJ FLWJWBMFOUOP EPMßJOP LJ TF EB J[SBǁVOBUJ J[
SB[NFSKBNFEVTUSF[OJNJVQPSPWOJNJGBLUPSKJ
7TJ LPUMJ JNBKP NBLTJNBMFO VQPSPWFO GBLUPS
WSFEOPTUJ J[SBǁVOBO OB QPEMBHJ QPTLVTPW
.BLTJNBMFO EPWPMKFO VQPSPWOJ GBLUPS VTUSF[B
VQPSV LJ KF CJM VHPUPWMKFO QSJ NBLTJNBMOJ
EPWPMKFOJEPMßJOJDFWJTWTBLJNUJQPNLPOǁOFHB
LPNQMFUB 1PW[FUFL UFI JOGPSNBDJK PNPHPǁB
J[SBǁVO [B QSFWFSKBOKF NPßOPTUJ VTUWBSKBOKB
OBKSB[MJǁOFKØJILPOêHVSBDJKEJNOFHBTJTUFNB
/BNFTUJUFW UFTOJMB [ EWPKOJN SPCPN ;B
QSBWJMOPOBNFTUJUFWUFTOJMB[SPCPWJ[BLPMFOBJO
QPEBMKØFWBMOJI EFMPW VQPØUFWBNP TNFS NPOUBßF
LPUKFQSJLB[BOPOBTMJLJ4MJLB
*..&3("4$4Ơ3&/%4;&3&,
"[ *NNFSHBT B LB[ÃOUÓM FMLÛMÕOÛMUFO LÛMÕOCÕ[ǡ
NFHPMEÃTPLBUOZÙKUB[ÊHÊTMFWFHǡCFWF[FUÊTÊSFÊT
BGÛTUHÃ[FMWF[FUÊTÊSFNFMZFLOÊMLÛMBLB[ÃOOFN
NǯLÕEUFUIFUǡ
'JHZFMFN B LB[ÃO LJ[ÃSÓMBH FSFEFUJ *NNFSHBT
ÊHÊTMFWFHǡCFWF[FUǡ ÊT GÛTUFMWF[FUǡ FMFNNFM
T[FSFMIFUǡ &[FLFO B[ FMFNFLFO B TQFDJÃMJT
B[POPTÎUÓNÃSLBKFM[ÊTFOUÙMBLÕWFULF[ǡGFMJSBU
PMWBTIBUÓ iOPO QFS DBMEBJF B DPOEFOTB[JPOFu
tOFNBMLBMNBTLPOEFO[ÃDJÓTLB[ÃOPLIP[u
" GÛTUFMWF[FUǡ DTÕWFL OFN ÊSJOULF[IFUOFL
HZÙMÊLPOZ BOZBHPLLBM JMMFUWF OFN MFIFUOFL B[PL
LÕ[FMÊCFO WBMBNJOU OFN IBMBEIBUOBL LFSFT[UÛM
HZÙMÊLPOZBOZBHCÓMLÊT[ÛMUÊQÎUÊT[FUJT[FSLF[FUFLFO
WBHZGBMBLPO
r ¦SBNMÃTJ FMMFOÃMMÃTJ UÊOZF[ǡL ÊT FHZFOÊSUÊLǯ
IPTT[ÙTÃHPL"MFWFHǡGÛTUDTǡSFOET[FSNJOEFO
FHZFTFMFNFLÎTÊSMFUJMFHNFHIBUÃSP[PUUÃSBNMÃTJ
FMMFOÃMMÃTJ UÊOZF[ǡWFM SFOEFMLF[JL NFMZFU B[
BMÃCCJ UÃCMÃ[BU GPHMBM ÕTT[F "[ FHZFT FMFNFL
ÃSBNMÃTJ FMMFOÃMMÃTJ UÊOZF[ǡKF GÛHHFUMFO B
NÊSFUUǡMÊTBUUÓMIPHZNJMZFOUÎQVTÙLB[ÃOIP[
LFSÛMDTBUMBLP[UBUÃTSB&[[FMT[FNCFOB[ÊSUÊLFU
CFGPMZÃTPMKB B DTBUPSOÃCBO ÃSBNMÓ LÕ[FH
IǡNÊSTÊLMFUF F[ÊSU WÃMUP[JL BT[FSJOU IPHZ
ÊHÊTMFWFHǡCFT[ÎWÃTÃSBWBHZGÛTUHÃ[FMWF[FUÊTÊSF
IBT[OÃMKVL .JOEFO FHZFT FMFN FMMFOÃMMÃTB
NFHGFMFMUFUIFUǡFHZBEPUUIPTT[ÙTÃHÙWFMFB[POPT
ÃUNÊSǡKǯDTǡFMMFOÃMMÃTÃOBLF[B[ÙHZOFWF[FUU
FHZFOÊSUÊLǯ IPTT[ÙTÃH BNFMZ B NFHGFMFMǡ
ÃSBNMÃTJ FMMFOÃMMÃTJ FHZÛUUIBUÓL BSÃOZÃCÓM
IBUÃSP[IBUÓNFH7BMBNFOOZJLB[ÃOLÎTÊSMFUJMFH
NFHIBUÃSP[PUU NBYJNÃMJT ÃSBNMÃTJ FMMFOÃMMÃTJ
UÊOZF[ǡKFOBLGFMFMNFH"NFHFOHFEIFUǡ
MFHOBHZPCC ÃSBNMÃTJ FMMFOÃMMÃTJ UÊOZF[ǡ B[
FHZFT LJWF[FUÊTJ LÊT[MFUFLSF NFHÃMMBQÎUPUU
NFHFOHFEFUU NBYJNÃMJT LJÊQÎUÊTOFL GFMFM NFH
" GFOUJ JOGPSNÃDJÓL CJSUPLÃCBO FMWÊHF[IFUǡL
B[PLBT[ÃNÎUÃTPLBNFMZFLBMBQKÃONÊSMFHFMIFUǡ
B MFHLÛMÕOGÊMÊCC DTǡT[FSFMÊTJ NFHPMEÃTPL
LJWJUFMF[IFUǡTÊHF
" LFUUǡT HVNJ UÕNÎUǡHZǯSǯL FMIFMZF[ÊTF "
UÕNÎUǡHZǯSǯLOFLBLÕOZÕLÕLCFOÊTUPMEÓFMFNFLCFO
UÕSUÊOǡ NFHGFMFMǡ FMIFMZF[ÊTÊIF[ B[ ÃCSÃO MÃUIBUÓ
T[FSFMÊTJJSÃOZULFMMLÕWFUOJÃCSB
Stránka 13 z 62
̸͔͔͇͊́͊͋̾̽͌̽̈́̾͆́͘ͅͅ
*..&3("4
*NNFSHBTͺ͹ͼͽͪͬͶΊͰͽ͹ͽͯͰͶ·͸͹͹ͽͫ͹ʹͶͰͻ͹ͬͻͪͲͶͳ΂͸ΆͰ
ͻͰ΃Ͱ͸ͳΊͯͶΊ;ͼͽͪ͸͹ͬ͵ͳͬͼͪͼΆͬͪ͸ͳΊͯΆͷ͹;ͯͪͶͰ͸ͳΊ
ͫͰͲ͵͹ͽ͹ͻΆ΀ͫ͹ʹͶͰͻ͸Ͱͷ͹ͱͰͽͻͪͫ͹ͽͪͽ·
̺͸ͳͷͪ͸ͳͰ ̹͹ʹͶͰͻ ͯ͹ͶͱͰ͸ ͫΆͽ· ;ͼͽͪ͸͹ͬͶͰ͸
ͽ͹Ͷ·͵͹ ͬͷͰͼͽͰ ͼ ͹ͻͳͭͳ͸ͪͶ·͸Άͷ ;ͼͽͻ͹ʹͼͽͬ͹ͷ
;ͼͽͻ͹ʹͼͽͬ͹ͷ*NNFSHBTͯͶΊͬͼͪͼΆͬͪ͸ͳΊͬ͹Ͳͯ;΀ͪ
ͳͯΆͷ͹;ͯͪͶͰ͸ͳΊ̽ͪ͸͸͹Ͱ;ͼͽͻ͹ʹͼͽͬ͹͹ͫ͹Ͳ͸ͪ΂Ͱ͸͹
ͼͺͰ΁ͳͪͶ·͸͹ʹͳͯͰ͸ͽͳͿͳ͵ͪ΁ͳ͹͸͸͹ʹͷͰͽ͵͹ʹi͸ͰͯͶΊ
͵͹͸ͯͰ͸ͼͪ΁ͳ͹͸͸Ά΀͵͹ͽͶ͹ͬu
͌ͼͽͻ͹ʹͼͽͬ͹ͯͶΊͬΆͬ͹ͯͪͯΆͷͪ͸Ͱͯ͹Ͷͱ͸͹͸ͪ΀͹ͯͳͽ·ͼΊ
ͬ͵͹͸ͽͪ͵ͽͰͳͶͳͬͫͶͳͲͳͼͶͰ͵ͭ͹ͬ͹ͼͺͶͪͷͰ͸ΊΉ΄ͳͷͳͼΊ
ͷͪͽͰͻͳͪͶͪͷͳ ͪ ͽͪ͵ͱͰ ͸Ͱ ͯ͹Ͷͱ͸͹ ͺͰͻͰͼͰ͵ͪͽ·
ͺͰͻͰͭ͹ͻ͹ͯ͵ͳͳͶͳͼͽͻ͹ͳͽͰͶ·͸ΆͰͼͽͻ;͵ͽ;ͻΆͼͯͰͶͪ͸͸ΆͰ
ͳͲͶͰͭ͵͹ͬ͹ͼͺͶ͹ͷͰ͸ΊΉ΄ͳ΀ͼΊͷͪͽͰͻͳͪͶ͹ͬ
r ͍ͪ͵ͽ͹ͻΆ͊͹ͺͻ͹ͽͳͬͶͰ͸ͳΊͳΈ͵ͬͳͬͪͶͰ͸ͽ͸͹ʹͯͶͳ͸Ά
̓ͪͱͯΆʹ͵͹ͷͺͪ͸Ͱ͸ͽͼͳͼͽͰͷΆͬΆͬ͹ͯͪͭͪͲ͹ͬͳͷͰͰͽ
͍ͪ͵ͽ͹ͻ͊͹ͺͻ͹ͽͳͬͶͰ͸ͳΊͺ͹Ͷ;΂Ͱ͸͸Άʹͺͻͳͺͻ͹ͫ͸Ά΀
ͳͼͺΆͽͪ͸ͳΊ΀ͳͺͻͳͬͰͯ΋͸͸Άʹͬ͸ͳͱͰ;͵ͪͲͪ͸͸͹ʹ
ͽͪͫͶͳ΁Ͱ ͍ͪ͵ͽ͹ͻ ͊͹ͺͻ͹ͽͳͬͶͰ͸ͳΊ ͹ͽͯͰͶ·͸͹ͭ͹
͵͹ͷͺ͹͸Ͱ͸ͽͪͲͪͬͳͼͳͽ͹ͽͽͳͺͪͫ͹ʹͶͰͻͪ͸ͪ͵͹ͽ͹ͻΆʹ
͹͸;ͼͽͪ͸ͪͬͶͳͬͪͰͽͼΊͳΊͬͶΊͰͽͼΊͫͰͲͻͪͲͷͰͻ͸͹ʹ
ͬͰͶͳ΂ͳ͸͹ʹ ͍ͪ͵ͽ͹ͻ Ͳͪͬͳͼͳͽ ͹ͽ ͽͰͷͺͰͻͪͽ;ͻΆ
ͬͰ΄Ͱͼͽͬͪ͵͹ͽ͹ͻ͹Ͱͺͻ͹ͽͰ͵ͪͰͽͬͰͭ͹ͬ͸;ͽͻͰ͸͸Ͱʹ
ͼͽͻ;͵ͽ;ͻͰ ͳ ͳͲͷͰ͸ΊͰͽͼΊ ͬ Ͳͪͬͳͼͳͷ͹ͼͽͳ ͹ͽ
ͽ͹ͭ͹ͺͻ͹ͳͼ΀͹ͯͳͽͶͳͬͼͪͼΆͬͪ͸ͳͰͬ͹Ͳͯ;΀ͪͳͶͳ
ͯΆͷ͹;ͯͪͶͰ͸ͳΊ̓ͪͱͯΆʹ͹ͽͯͰͶ·͸Άʹ͵͹ͷͺͪ͸Ͱ͸ͽ
ͳͷͰͰͽ ͼ͹ͺͻͪͽͽͳͬͶͰ͸ͳͰ ͼ͹͹ͽͬͰͽͼͽͬ;Ή΄ͰͰ
͹ͺͻͰͯͰͶ΋͸͸͹ͷ;Ͳ͸ͪ΂Ͱ͸ͳΉͬͷͰͽͻͪ΀ͽͻ;ͫΆͽͪ͵͹ͭ͹
ͱͰ ͯͳͪͷͰͽͻͪ ͽͪ͵ ͸ͪͲΆͬͰͷ͹ʹ Έ͵ͬͳͬͪͶͰ͸ͽ͸͹ʹ
ͯͶͳ͸Ͱ ͺ͹Ͷ;΂ͪͰͷ͹ʹ ͹ͽ ͼ͹͹ͽ͸͹΃Ͱ͸ͳΊ ͷͰͱͯ;
ͼ͹͹ͽͬͰͽͼͽͬ;Ή΄ͳͷͳ͍ͪ͵ͽ͹ͻͪͷͳ͊͹ͺͻͪͽͳͬͶͰ͸ͳΊ
̺ͼͰ ͫ͹ʹͶͰͻΆ ͳͷͰΉͽ ͷͪ͵ͼͳͷͪͶ·͸Άʹ Ϳͪ͵ͽ͹ͻ
ͼ͹ͺͻ͹ͽͳͬͶͰ͸ͳΊͺ͹Ͷ;΂ͪͰͷΆʹ͹ͺΆͽ͸Άͷͺ;ͽ΋ͷͼ͹
Ͳ͸ͪ΂Ͱ͸ͳͰͷͪͅ͵ͼͳͷͪͶ·͸͹ͯ͹ͺ;ͼͽͳͷΆʹ͍ͪ͵ͽ͹ͻ
͊͹ͺͻ͹ͽͳͬͶͰ͸ͳΊͼ͹͹ͽͬͰͽͼͽͬ;Ͱͽ͹ͫ͸ͪͻ;ͱͰ͸͸͹ͷ;
ͼ͹ͺͻͪͽͳͬͶͰ͸ͳΉͺͻͳͷͪ͵ͼͳͷͪͶ·͸͹ͯ͹ͺ;ͼͽͳͷ͹ʹ
ͯͶͳ͸Ͱͽͻ;ͫͼ͵ͪͱͯ͹ʹͽͳͺ͹Ͷ͹ͭͳͰʹ͵͹ͷͺͶͰ͵ͽ͹ͬ
ͬΆͬ͹ͯ͹ͬ ̽ͪ͸͸ͪΊ ͳ͸Ϳ͹ͻͷͪ΁ͳΊ ͺ͹Ͳͬ͹ͶΊͰͽ
ͺͻ͹ͳͲͬ͹ͯͳͽ·ͻͪͼ΂΋ͽΆͯͶΊͺͻ͹ͬͰͻ͵ͳͬ͹Ͳͷ͹ͱ͸͹ͼͽͳ
ͼ͹Ͳͯͪ͸ͳΊ ͻͪͲͶͳ΂͸Ά΀ ͵͹͸Ϳͳͭ;ͻͪ΁ͳʹ ͼͳͼͽͰͷΆ
ͬΆͬ͹ͯͪͯΆͷͪ
͌ͼͽͪ͸͹ͬ͵ͪ ͼͪͶ·͸ͳ͵ͪ ͼ ͯͬ͹ʹ͸͹ʹ ͵ͻ͹ͷ͵͹ʹ
̽ͶΊ ͺͻͪͬͳͶ·͸͹ʹ ;ͼͽͪ͸͹ͬ͵ͳ ͼͪͶ·͸ͳ͵ͪ ͸ͪ ͵͹ͶͰ͸͹
ͳͶͳ͸ͪͼͪͯ͵;;ͯͶͳ͸ͳͽͰͶ·͸Ͱ͹ͫ΀͹ͯͳͷ͹ͺͻ͹ͳͲͬͰͼͽͳ
͹ͺͰͻͪ΁ͳͳ;͵ͪͲͪ͸͸ΆͰ͸ͪͳͶͶΉͼͽͻͪ΁ͳͳ́ͶͶ
&4
1-
$;
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
'JH
'JH
3ZT
3ZT
0CS
0CS
TMJLB
ÃCSB
́ͶͶ
-FZFOEB'JH
,JUUFSNJOBMWFSUJDBMQBSBFWBDVBDJÓOEJSFDUB
,JUDVCJFSUBEFBTQJSBDJÓO
*/45"-"$*¶/&95&3*03&/-6("3
1"3$*"-.&/5&1305&(*%0
*NQPSUBOUFQPSMVHBSQBSDJBMNFOUFQSPUFHJEPTF
FOUJFOEFBRVÊMFORVFMBDBMEFSBOPFTUÃFYQVFTUBBMB
BDDJÓOEJSFDUBOJBMBQFOFUSBDJÓOEFQSFDJQJUBDJPOFT
BUNPTGÊSJDBTMMVWJBOJFWFHSBOJ[PFUD
r $POêHVSBDJÓOUJQP#DPODÃNBSBBCJFSUBZUJSP
GPS[BEP
&OFTUBDPOêHVSBDJÓOFTOFDFTBSJPVUJMJ[BSFMDPSSFT
QPOEJFOUFUFSNJOBMQSFTFOUFFOFMLJUEFBTQJSBDJÓO
EFMBJOTUBMBDJÓO
RVFTFSÃDPMPDBEPFOFMPSJêDJP
NÃTIBDJBFMJOUFSJPSEFMBDBMEFSB'JH
&M
BJSFFTBTQJSBEPEJSFDUBNFOUFEFMBNCJFOUFFORVF
FTUÃVCJDBEBMBDBMEFSBZMPTIVNPTTPOFWBDVBEPT
FO VOB DIJNFOFB JOEJWJEVBM P EJSFDUBNFOUF BM
FYUFSJPS
-B DBMEFSB FO FTUB DPOêHVSBDJÓO FTUÃ DMBTJêDBEB
DPNP UJQP # TFHÙO OPSNBT 6/* Z 6/*
&/
&OFTUBDPOêHVSBDJÓO
&MBJSFFTBTQJSBEPEJSFDUBNFOUFEFMBNCJFOUFFO
RVFFTUÃVCJDBEBMBDBMEFSBMBDVBMTÓMPQVFEF
FTUBS JOTUBMBEB Z GVODJPOBS FO MPDBMFT QFSNB
OFOUFNFOUFWFOUJMBEPTTFHÙO6/*
MBFWBDVBDJÓOEFIVNPTEFCFTFSNFEJBOUFDIJ
NFOFBJOEJWJEVBMPEJSFDUBNFOUFBMFYUFSJPS
%FCFOTFSSFTQFUBEBTMBTOPSNBTUÊDOJDBTWJHFOUFT
FTQFDJBMNFOUFMBTOPSNBT6/*6/*Z
MBT$&*Z
r .POUBKFEFMLJUDVCJFSUB'JH
%FTNPOUBS
EFM GPSP EF BTQJSBDJÓO FM UBQÓO Z MB KVOUB ZB
QSFTFOUFT
;FVT4VQFSJPSL8EFKBSMJCSFFMPSJêDJPEF
BTQJSBDJÓO
;FVT4VQFSJPSL8NPOUBSFOFMPSJêDJPEF
BTQJSBDJÓOMBMÃNJOBQFSêMBEBEFSFHVMBDJÓO
EFMBJSFEFFOUSBEB
;FVT4VQFSJPSL8NPOUBSFOFMPSJêDJPEF
BTQJSBDJÓOMBMÃNJOBQMBOBEFSFHVMBDJÓOEFM
BJSFEFFOUSBEB
.POUBSFMDPMMBSÎO‹EFEFTDBSHBFOFMPSJêDJP
NÃTJOUFSJPSEFMBDBMEFSBDPMPDBOEPBOUFTMBKVOUB
QSFTFOUFFOFMLJUZBQSFUBOEPFMDPOKVOUPDPOMPT
UPSOJMMPTTVNJOJTUSBEPT$PMPDBSMBDVCJFSUBZêKBSMB
DPOMPTUPSOJMMPTEFMLJUJOUFSQPOJFOEPMBTSFMBUJWBT
KVOUBT*OUSPEVDJSFMDPEPEFž‹DPOFMMBEP
NBDIPMJTP
EFOUSPEFMMBEPIFNCSBDPOKVOUBT
EFMBCJP
EFMDPMMBSÎO‹IBTUBFMUPQFDPMPDBSMB
KVOUBZEFTMJ[BSMBBMPMBSHPEFMDPEPêKÃOEPMBQPS
NFEJPEFMBQMBDBEFDIBQBZBQSFUÃOEPMBNFEJBOUF
MBBCSB[BEFSBQSFTFOUFFOFMLJUBTFHVSÃOEPTFRVF
RVFEFOCJFOTVKFUBTMBTMFOHÛFUBTEFMBKVOUB
TMJLB
ÃCSB
́ͶͶ
-FHFOEB3ZT
;FTUBXQS[FXPEÓXQJPOPXZDIEP
CF[QPǧSFEOJFHPPEQSPXBE[BOJB
;FTUBXQPLSZXZ[BTZTBOJB
-FHFOEB'JH
,PODPWÃWFSUJLÃMOÎTPVQSBWBQSPQǥÎNÊ
PEWÃELJOÎTQBMJO
4PVQSBWBLSZUVOBTÃWÃOÎ
.0/5"ƺ/";&8/Ž53;8.*&+4$6
$;ƊƦ$*08004Š0/*Ɗ5:.
/#[BNJFKTDFD[NjǧDJPXPPTPOJNjUFV[OBKFTJNjUBLJF
NJFKTDFXLUÓSZNVS[ƾE[FOJFOJFKFTUCF[QPǧSFEOJP
OBSBǻPOF OB XQZX D[ZOOJLÓX BUNPTGFSZD[OZDI
EFT[D[VǧOJFHVHSBEVJUQ
*/45"-"$&7&7&/,07/±.
13045Ƥ&%±/"ƀ¦45&ƀ/Ɔ
$)3¦/Ɔ/­..±45Ɔ
1P[OÃNLB.ÎTUFNǁÃTUFǁOLJDISÃOLJOÝNTFSP[VNÎ
UBLPWÊ NÎTUP LEF LPUFM OFOÎ WZTUBWFO QǥÎNÊNV
QDzTPCFOÎBUNPTGÊSJDLÝDITSÃßFLEÊØǬTOÎILSPVQZ
BUE
r ,POêHVSBDKBUZQV#[PUXBSUƾLPNPSƾTQBMBOJB
JXZNVT[POZNPCJFHJFN
8 UFK LPOêHVSBDKJ OBMFǻZ [BNPOUPXBǀ TQFDKBMOƾ
LPǝDÓXLNj [OBKEVKƾDƾ TJNj X [FTUBXJF [BTZTBOJB
OB ǧSPELPXZN PUXPS[F LPUB 3ZT 1PCÓS
QPXJFUS[B[BDIPE[JCF[QPǧSFEOJP[QPNJFT[D[FOJB
XLUÓSZNKFTU[BJOTUBMPXBOZLPDJPBPEQSPXBE[BOJF
TQBMJO OBTUNjQVKF EP QPKFEZOD[FK LPNPSZ MVC
CF[QPǧSFEOJP OB [FXOƾUS[ 5BL TLPOêHVSPXBOZ
LPDJPKFTUTLMBTZêLPXBOZXFEVHPCPXJƾ[VKƾDZDI
OPSNKBLPUZQ#[HPEOJF[OPSNBNJ6/*
J6/*&/
,POêHVSBDKBKFTUOBTUNjQVKƾDB
[BTZTBOJF QPXJFUS[B OBTUNjQVKF CF[QPǧSFEOJP [
QPNJFT[D[FOJB X LUÓSZN KFTU [BJOTUBMPXBOF
VS[ƾE[FOJF 1PNJFT[D[FOJF QPXJOOP QPTJBEBǀ
TUBƾXFOUZMBDKNj[HPEOJF[OPSNƾ6/*
PEQSPXBE[BOJFTQBMJOQPXJOOPCZǀQPƾD[POF
EPTUPTPXOFHPQPKFEZOD[FHPLPNJOBMVCLBOBV
QSPXBE[ƾDFHPCF[QPǧSFEOJPOB[FXOƾUS[
/BMFǻZ QS[FTUS[FHBǀ PCPXJƾ[VKƾDZDI OPSN
UFDIOJD[OZDIXT[D[FHÓMOPǧDJOPSNZ6/*
6/*JOPSNZ$&*J
r .POUBǻ [FTUBXV HÓSOFK QPLSZXZ 3ZT ;EFNPOUPXBǀ [BUZD[LJ J VT[D[FMLJ [OBKEVKƾDF
TJNjOBCPD[OZDIPUXPSBDI
;FVT4VQFSJPSL8[PTUBXJǀXPMOZPUXÓS
[BTZTBOJB
;FVT 4VQFSJPS L8 NPOUBSF TVM GPSP
EJ BTQJSB[JPOF MB MBNJFSB TBHPNBUB QFS
QBS[JBMJ[[BSFMBSJBJOJOHSFTTP
;FVT4VQFSJPSL8[BNPOUPXBǀOBPUXPS[F
[BTZTBOJB LT[UBUPXBOƾ CMBT[LNj EP DFMFN
PEE[JFMFOJBOBQZXBKƾDFHPQPXJFUS[B
;BNPOUPXBǀLPOJFS[XZMPUPXZ‹OBǧSPELPXZN
PUXPS[FLPUB[BLBEBKƾDVT[D[FMLNj[OBKEVKƾDƾTJNjX
[FTUBXJFJEPLSNjDJǀEPTUBSD[POFǧSVCZ;BNPOUPXBǀ
HÓSOƾQPLSZXNjNPDVKƾDKƾ[BQPNPDƾVQS[FEOJP
[EFNPOUPXBOZDI [ CPD[OZDI [BUZD[FL ǧSVC
8PǻZǀLT[UBULNjž‹NNjTLƾTUSPOƾHBELƾ
EPTUSPOZǻFǝTLJFK[VT[D[FMLƾXBSHPXƾ
LPOJFS[B
‹EPDJTOƾǀPEDJƾǀVT[D[FMLNjX[EVǻTUPTPXOFK
T[D[FMJOZXFEVHǻƾEBOFKǧSFEOJDZ‹
XTVOƾǀKƾ
OBLT[UBULNjJ[BNPDPXBǀ[BQPNPDƾCMBT[LJ
Stránka 14 z 62
r ,POêHVSBDF UZQV # T PUFWǥFOPV LPNPSPV B
VNLJMÝNUBIFN
7QǥÎQBELJUÊUPLPOêHVSBDFKFOVUOÊQPVßÎUQǥÎTMVØOÝ
LPODPWÝLVTLUFSÝTFOBDIÃ[ÎWOBTÃWBDÎTPVQSBWLJ
QSP QǥFENLJUOPV JOTUBMBDJ
LUFSÝ TF QǥJMPßÎ OB
OFKWOJUǥOLJKØÎ PUWPS LPUMF 0CS 7[EVDI KF
OBTÃWÃOQǥÎNP[QSPTUǥFEÎLEFKFLPUFMJOTUBMPWÃO
BLPVǥKFPEWÃELJOEPKFEOPEVDIÊIPLPNÎOBOFCP
QǥÎNPEPWFOLPWOÎIPQSPTUǥFEÎ,PUFMWUÊUPLPO
êHVSBDJKFLMBTJêLPWÃOKBLPUZQ#QPEMFOPSFN
6/*F6/*&/
6UÊUPLPOêHVSBDF
KFW[EVDIOBTÃWÃOQǥÎNP[QSPTUǥFEÎLEFKFLPUFM
JOTUBMPWÃO1SPUPKFOVUOÊIPJOTUBMPWBUQPV[FEP
OFVTUÃMFWLJUSBOÝDINÎTUOPTUÎQPEMF6/*
LPVǥ KF UǥFCB PEWÃELJU WMBTUOÎN KFEOPEVDIÝN
LPNÎOFNOFCPQǥÎNPEPWFOLPWOÎBUNPTGÊSZ
.VTÎCÝUUFEZSFTQFLUPWÃOZQMBUOÊUFDIOJDLÊOPSNZ
QǥFEFWØÎNOPSNZ6/*6/*BOPSNZ
$&*B
r .POUÃßTPVQSBWZLSZUV0CS
%FNPOUVKUF
[OBTÃWBDÎIPPUWPSVV[ÃWLJSBULJTOLJOÎ
;FVT4VQFSJPSL8QPOFDIUFOBTÃWBDÎPUWPS
WPMOÝ
;FVT 4VQFSJPS L8 OB OBTÃWBDÎ PUWPS
OBTBDŽUFLVTUWBSPWBOÊIPQMFDIVLUFSÃCVEF
PNF[PWBUQSPVEOBTÃWBOÊIPW[EVDIV
;FVT 4VQFSJPS L8 OB OBTÃWBDÎ PUWPS
OBTBDŽUF LVT QMPDIÊIP QMFDIV LUFSÃ CVEF
PNF[PWBUQSPVEOBTÃWBOÊIPW[EVDIV
*OTUBMVKUFWÝGVLPWPVPCSVCV‹OBOFKWOJUǥOLJKØÎ
PUWPSLPUMFQǥJǁFNßNF[JOLJWMPßUFULJTOLJOÎLUFSÊ
OBKEFUFWTPVQSBWLJBVUÃIOLJUFKJEPEBOÝNJØSPVCZ
*OTUBMVKUFIPSOÎLSZUBVQFWOLJUFIPQPNPDÎØSPVCDz
[F TPVQSBWZ B WMPßUF QǥÎTMVØOÃ ULJTOLJOÎ ;BTVǞUF
PIZCPWPVǁÃTUž‹BßOBEPSB[WOJUǥOÎTUSBOPV
IMBELPV
EPWOLJKØÎTUSBOZTPLSBKPWÝNULJTOLJOÎN
QǥÎSVCZ‹OBTVǞUFULJTOLJOÎBOFDIUFKJLMPV[BU
QP LPMFOV B VQFWOLJUF KJ QPNPDÎ QMFDIPWÊ EFTLZ
B VUÃIOLJUF TUBIPWBDÎN LSPVßLFN [F TPVQSBWZ
QǥJǁFNßECFKUFOBUP
&4
1-
$;
*OUSPEVDJSFMUVCPEFEFTDBSHBDPOFMMBEPNBDIP
MJTP
EFOUSPEFMMBEPIFNCSBEFMDPEPEFž‹
NFUJFOEPBOUFTMBDPSSFTQPOEJFOUFBOJMMBEFFTUB
GPSNBTFPCUFOESÃMBFTUBORVFJEBEZMBêKBDJÓOEF
MPTFMFNFOUPTRVFDPNQPOFOFMLJU
;BPǻZǀSVSNjXZMPUPXƾNNjTLƾTUSPOƾHBELƾ
EP
TUSPOZǻFǝTLJFKLT[UBULJž‹VQFXOJBKƾDTJNj
ǻF [PTUBB VNJFT[D[POB TUPTPXOB SP[FUB X UFO
TQPTÓCPUS[ZNBTJNjT[D[FMOFJQPQSBXOFQPƾD[FOJF
FMFNFOUÓX
&YUFOTJÓONÃYJNBEFMUVCPEFEFTDBSHB&MUVCP
EFEFTDBSHBFOWFSUJDBMPFOIPSJ[POUBM
QVFEFTFS
BMBSHBEPIBTUBNFEJSDPNPNÃYJNPNFOMÎOFB
SFDUB VUJMJ[BOEP UVCPT BJTMBEPT 'JH 1BSB
FWJUBSQSPCMFNBTEFDPOEFOTBDJÓOEFIVNPTQPS
FOGSJBNJFOUP B USBWÊT EF MBT QBSFEFT EFM UVCP FT
OFDFTBSJPMJNJUBSMBMPOHJUVEEFMUVCPEFEFTDBSHB
‹ OPSNBM OP BJTMBEP
B OP NÃT EF NFUSPT
'JH
.BLTZNBMOB EVHPǧǀ QS[FXPEV XZMPUPXFHP
1S[FXÓE XZMPUPXZ QJPOPXZ J QP[JPNZ
NPǻF
CZǀXZEVǻPOZEPNBYXBSUPǧDJNOBQSPTUZN
PEDJOLV VǻZXBKƾD J[PMPXBOZDI QS[FXPEÓX 3ZT
"CZ [BQPCJFD QSPCMFNPN [XJƾ[BOZN [
LPOEFOTPXBOJFN TJNj PQBSÓX XZOJLBKƾDZN [ JDI
TDIPE[FOJB P ǧDJBOLJ OBMFǻZ PHSBOJD[Zǀ EVHPǧǀ
OPSNBMOFHP QS[FXPEV XZMPUPXFHP ‹ OJF
J[PMPXBOFHP
EPNFUSÓX3ZT
BCZTUF[BKJTUJMJKB[ÝǁLZULJTOLJOÎ7ÝGVLPWPVUSVCLV
[BTVǞUFBßOBEPSB[WOJUǥOÎTUSBOPVIMBELPV
EP
WOLJKØÎTUSBOZTPLSBKPWPVPCSVCPV
PIZCVž‹
/F[BQPNFǞUFQǥFEUÎNOBWMÊLOPVUPEQPWÎEBKÎDÎ
SDzßJDJ 5ÎNUP [QDzTPCFN EPTÃIOFUF EPLPOBMF
ULJTOÊIPTQPKFOÎKFEOPUMJWÝDIǁÃTUÎTPVQSBWZ
r "DPQMBNJFOUP EF UVCPT EF FYUFOTJÓO 1BSB
BDPQMBSPUSPTFMFNFOUPTEFMBUPNBEFBJSFFWB
DVBDJÓOEFIVNPTQSPDFEFSEFMTJHVJFOUFNPEP
*OUSPEVDJSFMMBEPNBDIPMJTP
EFMUVCPPDPEP
FOFMMBEPIFNCSBDPOKVOUBTEFMBCJP
EFMFMF
NFOUPZBJOTUBMBEPBQSFUÃOEPMPIBTUBFMGPOEP
EFFTUBGPSNBTFDPOTFHVJSÃMBVOJÓOFTUBODBEF
UPEPTMPTFMFNFOUPT
r ŠƾD[FOJFJNPOUBǻQS[FEVǻPOZDIQS[FXPEÓX
8DFMV[BNPOUPXBOJBFXFOUVBMOZDIQS[FEVǻFL
OBMFǻZ QPTUNjQPXBǀ X TQPTÓC OBTUNjQVKƾDZ
;BPǻZǀSVSNjMVCLT[UBULNjNNjTLƾTUSPOƾHBELƾ
EP TUSPOZ ǻFǝTLJFK VQS[FEOJP [BNPOUPXBOFHP
FMFNFOUV EPDJTOƾǀ X UFO TQPTÓC PUS[ZNB TJNj
T[D[FMOFJQPQSBXOFQPƾD[FOJFFMFNFOUÓX
&KFNQMP EF JOTUBMBDJÓO DPO UFSNJOBM WFSUJDBM
EJSFDUPFOVOMVHBSQBSDJBMNFOUFQSPUFHJEP$PO
FM UFSNJOBM WFSUJDBM QBSB EFTDBSHB EJSFDUB EF MPT
QSPEVDUPTEFMBDPNCVTUJÓOFTOFDFTBSJPSFTQFUBS
VOB EJTUBODJB NÎOJNB EF NN EF VO QPTJCMF
CBMDÓO TVQFSJPS -B EJTUBODJB " # SFTQFDUP BM
CBMDÓO TVQFSJPS
EFCF TFS JHVBM P NBZPS B NN'JH
r .POUBKFTJOLJUDVCJFSUBFOVOMVHBSQBSDJBM
NFOUFQSPUFHJEPDBMEFSBUJQP$
%FKBOEPNPOUBEPFMUBQÓOMBUFSBMFTQPTJCMFJOTUB
MBSFMBQBSBUPFOFMFYUFSJPSTJOFMLJUDVCJFSUB1BSB
FMMPEFCFOVUJMJ[BSTFMPTLJUBTQJSBDJÓOEFTDBSHB
IPSJ[POUBMFTDPODÊOUSJDPT‹‹ZFM
TFQBSBEPS‹
&MLJUDVCJFSUBJODMVZF'JH
$VCJFSUBUFSNPGPSNBEB
1MBDBQBSBêKBDJÓOEFMBKVOUB
+VOUB
"CSB[BEFSBEFBQSJFUFEFMBKVOUB
-ÃNJOBQFSêMBEB;FVT4VQFSJPSL8
-ÃNJOBQMBOB;FVT4VQFSJPSL8
&MLJUUFSNJOBMJODMVZF'JH
+VOUB
$PMMBSÎO‹EFEFTDBSHB
$PEPž‹
5VCPEFEFTDBSHB‹
"OJMMB
1S[ZLBE NPOUBǻV [ QJPOPXƾ LPǝDÓXLƾ
CF[QPǧSFEOJƾXNJFKTDVD[NjǧDJPXPPTPOJNjUZN
.POUVKƾD QJPOPXƾ CF[QPǧSFEOJƾ LPǝDÓXLNj
XZMPUV TQBMJO OBMFǻZ QS[FTUS[FHBǀ NJOJNBMOFK
PEMFHPǧDJ XZOPT[ƾDFK NN PE TƾTJBEVKƾDFHP
CBMLPOV 8BSUPǧǀ " # [BXT[F X PEOJFTJFOJV
EP TƾTJBEVKƾDFHP CBMLPOV
QPXJOOB XZOPTJǀ DP
OBKNOJFKNN3ZT
r ,POêHVSBDKB CF[ [FTUBXV [ HÓSOƾ QPLSZXƾ
XNJFKTDVD[NjǧDJPXPPTPOJNjUZNLPDJPUZQV
$
/JF [EFKNVKƾD CPD[OZDI [BUZD[FL NPǻOB
[BNPOUPXBǀVS[ƾE[FOJFOB[FXOƾUS[CF[[FTUBXV
[BXJFSBKƾDFHP QPLSZXNj .POUBǻ [BDIPE[J QS[Z
VE[JBMF [FTUBXV QS[FXPEÓX [BTZTBKƾDZDI TQVTUPXZDIQP[JPNZDILPODFOUSZD[OZDI‹
‹JSP[E[JFMOJLB‹
;FTUBXHÓSOFKQPLSZXZPCFKNVKF3ZT
/ž 1PLSZXNjUFSNPLT[UBUPXBOƾ
/ž #MBT[LNjCMPLBEZVT[D[FMLJ
/ž 6T[D[FMLNj
/ž 0QBTLNjNPDVKƾDƾVT[D[FMLNj
/ž ,T[UBUPXBOƾCMBT[LNj;FVT4VQFSJPS,X
/ž 1BTLƾCMBT[LNj;FVT4VQFSJPSL8
;FTUBXLPǝDÓXLJQS[FXPEPXFKPCFKNVKF3ZT
/ž 6T[D[FMLNj
/ž ,POJFS[XZMPUPXZ‹
/ž ,PMBOLPž‹
/ž 1S[FXÓEXZMPUPXZ‹
/ž 3P[FUNj
.BYJNÃMOÎ QSPEMPVßFOÎ WÝQVTUOÊIP QPUSVCÎ
7ÝGVLPWÊ QPUSVCÎ WFSUJLÃMOÎ J IPSJ[POUÃMOÎ
KF
NPßOÊ QSPEMPVßJU NBYJNÃMOLJ OB MJOFÃSOÎDI
NFUSDz QPNPDÎ J[PMPWBOÊIP QPUSVCÎ 0CS "CZTUFTFWZIOVMJQSPCMÊNDzNTLPOEFO[BDÎTQBMJO
[QDzTPCFOÝDI KFKJDI PDIMB[FOÎN QǥFT TULJOV KF
OVUOÊPNF[JUEÊMLVCLJßOÊIPWÝGVLPWÊIPQPUSVCÎP
QSDzNLJSV‹OFJ[PMPWBOÊIP
OBQPVIÝDINFUSDz
0CS
r 1ǥJQPKFOÎ QSPEMVßPWBDÎIP QPUSVCÎ QPNPDÎ
TQPKFL 1ǥJ JOTUBMBDJ QǥÎQBEOÊIP QSPEMPVßFOÎ
QPNPDÎ TQPKFL L EBMØÎN QSWLDzN LPVǥPWÊIP
TZTUÊNV KF UǥFCB QPTUVQPWBU OÃTMFEPWOLJ
7ÝGVLPWPV USVCLV OFCP LPMFOP [BTVǞUF Bß OB
EPSB[WOJUǥOÎTUSBOPVIMBELPV
EPWOLJKØÎTUSBOZ
T PLSBKPWÝN ULJTOLJOÎN
EǥÎWF JOTUBMPWBOÊIP
QSWLV 5ÎNUP [QDzTPCFN EPTÃIOFUF EPLPOBMF
ULJTOÊIPTQPKFOÎKFEOPUMJWÝDIQSWLDz
1ǥÎLMBEJOTUBMBDFTQǥÎNPVWFSUJLÃMOÎLPODPWPV
ǁÃTUJEPǁÃTUFǁOLJDISÃOLJOÊIPNÎTUB1ǥJQPVßJUÎ
WFSUJLÃMOÎLPODPWÊǁÃTUJQSPQǥÎNÝPEWPETQBMJOKF
OVUOÊSFTQFLUPWBUNJOJNÃMOÎW[EÃMFOPTUNN
PEWÝØFVNÎTULJOÊIPCBMLPOV7ÝØLB"#TUÃMFQǥJ
SFTQFLUPWÃOÎWÝØFVNÎTULJOÊIPCBMLPOV
NVTÎCÝU
WLJUØÎOFCPSPWOBNN0CS
r ,POêHVSBDF CF[ TPVQSBWZ LSZUV W ǁÃTUFǁOLJ
LSZUÊNNÎTULJLPUFMUZQV$
;BǥÎ[FOÎ KF NPßOÊ JOTUBMPWBU EP WFOLPWOÎIP
QSPTUǥFEÎ CF[ LSZDÎ TPVQSBWZ QPE QPENÎOLPV
QPOFDIÃOÎQPTUSBOOÎIPV[ÃWLJSVOBNÎTULJ*OTUBMBDF
TFQSPWÃEÎQPNPDÎLPODFOUSJDLÊIPSJ[POUÃMOÎTBDÎ
WÝGVLPWÊ TPVQSBWZ ‹ ‹ ELJMJDÎ
TPVQSBWZ‹
4PVQSBWBLSZUVPCTBIVKF0CS
/ž 5FQFMOLJUWBSPWBOÝLSZU
/ž 'JYBǁOÎEFTLBULJTOLJOÎ
/ž 5LJTOLJOÎ
/ž 1ÃTFLOBTUBßFOÎULJTOLJOÎ
/ž 5WBSPWBOÝQMFDIQSP;FVT4VQFSJPSL8
/ž 1MPDIÝQMFDIQSP;FVT4VQFSJPSL8
,PODPWÃTPVQSBWBPCTBIVKF0CS
/ž 5LJTOLJOÎ
/ž 7ÝGVLPWÃQǥÎSVCBQSDzNLJSV
/ž ,PMFOPžPQSDzNLJSV
/ž 7ÝGVLPWÃSPVSBPQSDzNLJSV
/ž 3DzßJDF
'JH
'JH
3ZT
3ZT
0CS
0CS
TMJLB
TMJLB
ÃCSB
ÃCSB
́ͶͶ
́ͶͶ
Stránka 15 z 62
$;
5BCVMLBPEQPSPWÝDIGBLUPSDzBFLWJWBMFOUOÎDIEÊMFL
5:110536#±
,PODFOUSJDLÃSPVSBPQSDzNLJSV‹N
,PODFOUSJDLÝPIZCPWÝEÎMžP
QSDzNLJSV‹
,PODFOUSJDLÝPIZCPWÝEÎMžP
QSDzNLJSV‹
,PNQMFUOÎLPODPWÝIPSJ[POUÃMOÎLPODFOUSJDLÝ
EÎMOBTÃWÃOÎBWÝGVLVPQSDzNLJSV‹
,PODPWÝIPSJ[POUÃMOÎLPODFOUSJDLÝ
EÎMOBTÃWÃOÎBWÝGVLVPQSDzNLJSV
‹
,PODPWÝWFSUJLÃMOÎLPODFOUSJDLÝEÎMOBTÃWÃOÎ
BWÝGVLVPQSDzNLJSV‹
,PODFOUSJDLÃSPVSBPQSDzNLJSV‹N
,PODFOUSJDLÝPIZCPWÝEÎMžP
QSDzNLJSV‹
,PODFOUSJDLÝPIZCPWÝEÎMžP
QSDzNLJSV‹
&LWJWBMFOUOÎEÊMLBWNFUSFDI
LPODFOUSJDLÊSPVSZ
‹
&LWJWBMFOUOÎEÊMLBWNFUSFDI
LPODFOUSJDLÊSPVSZ
‹
/BTÃWÃOÎBWÝGVL
N
N
/BTÃWÃOÎB
WÝGVL
N
N
0EQPSPWÝGBLUPS
3
/BTÃWÃOÎBWÝGVL
N
N
/BTÃWÃOÎB
WÝGVL
N
N
/BTÃWÃOÎB
WÝGVL
N
N
/BTÃWÃOÎBWÝGVL
N
N
/BTÃWÃOÎB
WÝGVL
N
N
/BTÃWÃOÎBWÝGVL
N
N
/BTÃWÃOÎB
WÝGVL
&LWJWBMFOUOÎEÊMLBWNFUSFDI
SPVSZ
‹
/BTÃWÃOÎN
7ÝGVLN
/BTÃWÃOÎN
7ÝGVLN
/BTÃWÃOÎN
7ÝGVLN
/BTÃWÃOÎN
7ÝGVLN
/BTÃWÃOÎN
7ÝGVLN
/BTÃWÃOÎN
7ÝGVLN
N
N
,PNQMFUOÎLPODPWÝWFSUJLÃMOÎLPODFOUSJDLÝ
EÎMOBTÃWÃOÎBWÝGVLVPQSDzNLJSV‹
/BTÃWÃOÎN
7ÝGVLN
/BTÃWÃOÎN
7ÝGVLN
/BTÃWÃOÎN
7ÝGVLN
/BTÃWÃOÎN
/BTÃWÃOÎB
WÝGVL
N
N
7ÝGVLN
,PODPWÝWFSUJLÃMOÎLPODFOUSJDLÝ
EÎMOBTÃWÃOÎBWÝGVLVP
QSDzNLJSV‹
,PNQMFUOÎLPODPWÝIPSJ[POUÃMOÎLPODFOUSJDLÝ
EÎMOBTÃWÃOÎBWÝGVLVPQSDzNLJSV‹
,PODPWÝIPSJ[POUÃMOÎLPODFOUSJDLÝEÎMOBTÃWÃOÎB
WÝGVLVPQSDzNLJSV‹
,PODFOUSJDLÃSFEVLDF[QSDzNLJSV
OBQSDzNLJSTFTCLJSFNLPOEFO[ÃUV
,PODFOUSJDLÃSFEVLDF[QSDzNLJSV
OBQS
3PVSBPQSDzNLJSVNTJ[PMBDÎOFCPCF[
,PNQMFUOÎLPODPWÝOBTÃWBDÎLVTPQSDzNLJSV
NTJ[PMBDÎOFCPCF[
/BTÃWÃOÎBWÝGVL
N
N
/BTÃWÃOÎB
WÝGVL
N
N
/BTÃWÃOÎB
WÝGVL
N
/BTÃWÃOÎB
WÝGVL
/BTÃWÃOÎN
7ÝGVLN
/BTÃWÃOÎN
7ÝGVLN
N
N
N
/BTÃWÃOÎN
7ÝGVLN
/BTÃWÃOÎN
7ÝGVLN
/BTÃWÃOÎN
/BTÃWÃOÎB
WÝGVL
N
N
/BTÃWÃOÎ
N
N
/BTÃWÃOÎN
7ÝGVL
N
N
7ÝGVLN
/BTÃWÃOÎ
N
N
/BTÃWÃOÎN
/BTÃWÃOÎN
7ÝGVLN
/BTÃWBDÎLPODPWÝLVTPQSDzNLJSV
7ÝGVLPWÝLPODPWÝLVTPQSDzNLJSV
/BTÃWÃOÎ
N
N
7ÝGVL
N
N
7ÝGVLN
,PMFOPžPQSDzNLJSV
/BTÃWÃOÎ
N
N
/BTÃWÃOÎN
7ÝGVL
N
N
7ÝGVLN
,PMFOPžPQSDzNLJSV
/BTÃWÃOÎ
N
N
/BTÃWÃOÎN
7ÝGVL
N
N
1BSBMFMOÎSP[EWPKLBPQSDzNLJSV[
QSDzNLJSVOBQSDzNLJS
/BTÃWÃOÎBWÝGVL
N
Stránka 16 z 62
N
7ÝGVLN
/BTÃWÃOÎN
7ÝGVLN
&4
1-
$;
*/45"-"$*¶/&/*/5&3*03
r $POêHVSBDJÓO UJQP $ DPO DÃNBSB FTUBODB Z
UJSPGPS[BEP
.0/5"ƺ810.*&4;$;&/*6
r ,POêHVSBDKB UZQV $ [ [BNLOJNjUƾ LPNPSƾ J
XZNVT[POZNPCJFHJFN
7/*5Ƥ/±*/45"-"$&
r ,POêHVSBDFUZQV$TFW[EVDIPULJTOPVLPNPSPV
BVNLJMÝNUBIFN
,JUIPSJ[POUBMEFBTQJSBDJÓOTDBSJDP‹
.POUBHHJP LJU 'JH DPMPDBS FM DPEP DPO
DPMMBSÎO
FOFMPSJêDJPNÃTJOUFSOPEFMBDBMEFSB
TJUVBOEPFOUSFNFEJPMBKVOUB
ZêKBOEPMBVOJÓO
DPOMPTUPSOJMMPTEFMLJU"DPQMBSFMMBEPNBDIPMJTP
EFMUVCPUFSNJOBM
DPOFMMBEPIFNCSBDPOKVOUBT
EFMBCJP
EFMDPEP
BQSFUÃOEPMPIBTUBFMGPOEP
TJOPMWJEBSTFEFJOUSPEVDJSBOUFTMBTSFMBUJWBTBOJMMBT
JOUFSOB Z FYUFSOB EF FTUB GPSNB TF DPOTFHVJSÃ MB
VOJÓOFTUBODBEFMPTFMFNFOUPTEFMLJU
*NQPSUBOUFDVBOEPMBDBMEFSBFTJOTUBMBEBFOVOB
[POB EPOEF MB UFNQFSBUVSB QVFEF MMFHBS B OJWFMFT
NVZCBKPTQVFEFJOTUBMBSTFFMLJUBOUJIJFMPFOMVHBS
EFMFTUÃOEBS
r "DPQMBNJFOUPFOUSFUVCPTPFYUFOTJPOFTZDPEPT
DPODÊOUSJDPT‹1BSBBDPQMBSFYUFOTJPOFTB
PUSPTFMFNFOUPTEFMBUPNBEFBJSFFWBDVBDJÓOEF
IVNPTFTOFDFTBSJPQSPDFEFSEFMNPEPTJHVJFOUF
VOJSFMMBEPNBDIPMJTP
EFMUVCPDPODÊOUSJDPP
EFM DPEP DPODÊOUSJDP DPO FM MBEP IFNCSB DPO
KVOUBTEFMBCJP
EFMFMFNFOUPZBJOTUBMBEPBQSF
UÃOEPMPIBTUBFMGPOEPEFFTUBGPSNBTFDPOTFHVJSÃ
MBVOJÓOFTUBODBEFUPEPTMPTFMFNFOUPT
&MLJUIPSJ[POUBM‹EFBTQJSBDJÓOEFTDBSHB
QVFEF TFS NPOUBEP DPO TBMJEB QPTUFSJPS MBUFSBM
EFSFDIBMBUFSBMJ[RVJFSEBZBOUFSJPS
1P[JPNZ [FTUBX EPQSPXBE[BKƾDPTQVTUPXZ
‹.POUBǻ[FTUBXV3ZT
[BJOTUBMPXBǀ
LT[UBULNj SVSLPXƾ [ LPOJFS[FN X PUXPS[F
DFOUSBMOZNLPUBXSB[[VT[D[FMLƾ
JXPǻZǀǧSVCZ
[[FTUBXV1PEƾD[ZǀQS[FXÓE[LPǝDÓXLƾ
TUSPOƾ
NNjTLƾ HBELƾ
EP TUSPOZ ǻFǝTLJFK LT[UBUPXOJLB
SVSPXFHP
[VT[D[FMLBNJ
JEPDJTOƾǀ1PEƾD[Zǀ
LPǝDÓXLNjTUSPOƾNNjTLƾHBELƾ
EPTUSPOZǻFǝTLJFK
LPMBOLB
[VT[D[FMLBNJ
EPDJTOƾǀJTQSBXE[BKƾD
D[Z XPǻPOB [PTUBB KVǻ PEQPXJFEOJB SP[FUB
XFXONjUS[OBJ[FXONjUS[OB8UFOTQPTÓC[BQFXOJB
TJNjT[D[FMOPǧǀFMFNFOUÓXTLBEPXZDI[FTUBXV
/#KFǻFMJLPDJPCNjE[JFJOTUBMPXBOZXTUSFGBDIX
LUÓSZDI UFNQFSBUVSB NPǻF PTJƾHOƾǀ CBSE[P OJTLJF
XBSUPǧDJ X NJFKTDF TUBOEBSEPXFHP [FTUBXV NPǻOB
[BNPOUPXBǀ[FTUBX[BQPCJFHBKƾDZ[BNBS[BOJV
r 1PEƾD[FOJF EP [ƾD[B SVS QS[FEVǻBKƾDZDI
PSB[ LPMBOFL LPODFOUSZD[OZDI ‹ "CZ
QPEƾD[ZǀFXFOUVBMOFQS[FEVǻBD[FEP[ƾD[LJ[
JOOZNJFMFNFOUBNJJOTUBMBDKJLPNJOPXFKOBMFǻZ
XZLPOBǀDPOBTUNjQVKF[ƾD[ZǀSVSNjLPODFOUSZD[Oƾ
MVCLPMBOLPLPODFOUSZD[OFTUSPOƾNNjTLƾHBELƾ
[FTUSPOƾǻFǝTLƾ[VT[D[FMLƾ
FMFNFOUVVQS[FEOJP
[BJOTUBMPXBOFHPJEPDJǧOJNjUFHPEPLPǝDB8UFO
TQPTÓCNPǻOB[BQFXOJǀT[D[FMOPǧǀJQPQSBXOPǧǀ
QPƾD[FOJBFMFNFOUÓX
;FTUBXQP[JPNZ‹EPQSPXBE[BKƾDPTQVTUPXZ
NPǻF CZǀ [BJOTUBMPXBOZ XZKǧDJFN QS[FEOJN
CPD[OZNQSBXZNCPD[OZNMFXZNMVCUZMOZN
)PSJ[POUÃMOÎ TPVQSBWB OBTÃWÃOÎ B WÝGVLV P
QSDzNLJSV .POUÃß TPVQSBWZ 0CS *OTUBMVKUF LPMFOP T PCSVCPV OB OFKWOJUǥOLJKØÎ
PUWPSLPUMFQǥJǁFNßNF[JOLJWMPßUFULJTOLJOÎ
LUFSÊ
OBKEFUFWTPVQSBWLJBVUÃIOLJUFIPØSPVCZLUFSÊKTPV
TPVǁÃTUÎTPVQSBWZ,PODPWPVSPVSV
[BTVǞUFBß
OBEPSB[WOJUǥOÎTUSBOPVIMBELPV
EPWOLJKØÎTUSBOZ
T ULJTOLJOÎN T PCSVCPV
LPMFOB /F[BQPNFǞUF
QǥFEUÎN OBWMÊLOPVU PEQPWÎEBKÎDÎ WOJUǥOÎ B WOLJKØÎ
SDzßJDJ5ÎNUP[QDzTPCFNEPTÃIOFUFEPLPOBMFULJTOÊIP
TQPKFOÎKFEOPUMJWÝDIǁÃTUÎTPVQSBWZ
1P[OÃNLB 1PLVE NÃUF W ÙNZTMV JOTUBMPWBU LPUFM
WNÎTUFDILEFUFQMPUBLMFTÃOBFYUSÊNOÎIPEOPUZKF
L EJTQP[JDJ [WMÃØUOÎ QSPUJNSB[PWÃ TPVQSBWB LUFSPV
KF NPßOÊ JOTUBMPWBU KBLP BMUFSOBUJWV L TUBOEBSEOÎ
TPVQSBWLJ
r 1ǥJQPKFOÎQSPEMVßPWBDÎDILVTDzBLPODFOUSJDLÝDI
LPMFOPQSDzNLJSVQPNPDÎTQPKFL
1ǥJ JOTUBMBDJ QǥÎQBEOÊIP QSPEMPVßFOÎ QPNPDÎ
TQPKFLLEBMØÎNQSWLDzNLPVǥPWÊIPTZTUÊNVKF
UǥFCB QPTUVQPWBU OÃTMFEPWOLJ ,PODFOUSJDLPV
SPVSVOFCPLPMFOP[BTVǞUFBßOBEPSB[WOJUǥOÎ
TUSBOPVIMBELPV
EPWOLJKØÎTUSBOZTPCSVCPWÝN
ULJTOLJOÎN
EǥÎWF JOTUBMPWBOÊIP QSWLV 5ÎNUP
[QDzTPCFNEPTÃIOFUFEPLPOBMFULJTOÊIPTQPKFOÎ
KFE”OPUMJWÝDIQSWLDz
)PSJ[POUÃMOÎ TPVQSBWV P QSDzNLJSV QSP
OBTÃWÃOÎ B WÝGVL KF NPßOÊ JOTUBMPWBU T WÝWPEFN
W[BEVOBQSBWPOBMFWPOFCPWFQǥFEV
r ;BTUPTPXBOJFXZKǧDJBUZMOFHP3ZT
%VHPǧǀ
SVSZ XZOPT[ƾDB NN QP[XBMB OB QS[FKǧDJF
QS[F[ǧDJBONjPNBLTZNBMOFKHSVCPǧDJNN
;B[XZD[BKLPOJFD[OFCNjE[JFTLSÓDFOJFLPǝDÓXLJ
0LSFǧMJǀ XZNJBS EPEBKƾD OBTUNjQVKƾDF XBSUPǧDJ
(SVCPǧǀǧDJBOZEVHPǧǀQP[BǧDJBOƾXFXOƾUS[
EVHPǧǀQP[BǧDJBOƾOB[FXOƾUS[.JOJNBMOB
EVHPǧǀ XZDIPE[ƾDB [F ǧDJBOZ QPEBOB KFTU OB
SZTVOLV
r ;BTUPTPXBOJF[FTUBXV[XZKǧDJFNCPD[OZN3ZT
;BTUPTPXBOJFKFEZOJFQP[JPNFHP[FTUBXV
EPQSPXBE[BKƾDPTQVTUPXFHP CF[ TQFDKBMOZDI
QS[FEVǻFLP[XBMBOBQS[FKǧDJFQS[F[ǧDJBONjP
HSVCPǧDJNN
r 1S[FEVǻBD[FEMB[FTUBXVQP[JPNFHP1P[JPNZ
[FTUBX EPQSPXBE[BKƾDPTQVTUPXZ ‹ NPǻOB QS[FEVǻBǀ EP NBLTZNBMOFHP SP[NJBSV
NN X QP[JPNJF XMJD[BKƾD X UP LSBULNj
OB XZKǧDJV J XZƾD[BKƾD SVSPXZ LT[UBUPXOJL
LPODFOUSZD[OZOBXZKǧDJV[LPUB,POêHVSBDKB
UBLB QPTJBEB XTQӐD[ZOOJL PQPSV SÓXOZ 8UBLJDIQS[ZQBELBDIOBMFǻZ[BNÓXJǀTQFDKBMF
QS[FEVǻBD[F
1PEƾD[FOJF [ QS[FEVǻBD[FN OS 3ZT .BLTZNBMOB PEMFHPǧǀ NJNjE[Z PTJƾ QJPOPXB
LPUBB[FXONjUS[OƾǧDJBOƾXZOPTJNN
1PEƾD[FOJF[OSQS[FEVǻBD[BNJ3ZT
.BYPEMFHPǧǀ
NJNjE[ZPTJƾQJPOPXƾLPUBBǧDJBOƾ[FXONjUS[OƾNN
;FTUBXPCFKNVKF3ZT
/ž 6T[D[FMLNj
/ž ,T[UBULNjLPODFOUSZD[Oƾ
/ž 1S[FXÓELPODFOUSZD[OZEPQSTQVTU‹
/ž 3P[FUNjXFXONjUS[OƾCJBƾ
/ž 3P[FUNj[FXONjUS[OƾT[BSƾ
r 1PVßJUÎ T WÝTUVQFN W[BEV 0CS %ÊMLB
SPVSZ NN VNPßǞVKF QSDzDIPE TULJOPV P
NBYJNÃMOÎUMPVØǬDFNN#LJßOLJCÝWÃQPUǥFCB
[LSÃUJU LPODPWPV ǁÃTU %ÊMLV TUBOPWUF TPVǁUFN
OÃTMFEVKÎDÎDI IPEOPU 5MPVØǬLB TULJOZ WOJUǥOÎ
WÝǁOLJMFL WFOLPWOÎ WÝǁOLJMFL .JOJNÃMOÎ
OF[CZUOÃEÊMLBWÝǁOLJMLDzKFVWFEFOBOBPCSÃ[LV
r 1PVßJUÎ T QPTUSBOOÎN WÝTUVQFN W[BEV 0CS
1PNPDÎKFEOÊIPSJ[POUÃMOÎTPVQSBWZQSP
OBTÃWÃOÎBWÝGVLCF[QǥÎTMVØOÝDIQSPEMVßPWBDÎDI
EÎMDzKFNBYJNÃMOÎW[EÃMFOPTUNF[JWFSUJLÃMOÎPTPV
WÝWPEVBWFOLPWOÎTULJOPVKFNN
r 1SPEMVßPWBDÎ EÎMZ QSP IPSJ[POUÃMOÎ TPVQSBWV
)PSJ[POUÃMOÎ OBTÃWBDÎ B WÝGVLPWPV TPVQSBWV
P QSDzNLJSV KF NPßOÊ QSPEMPVßJU Bß OB
NBYJNÃMOÎEÊMLVNNIPSJ[POUÃMOLJWǁFUOLJ
LPODPWÊIP SPØUV B NJNP LPODFOUSJDLÊIP
LPMFOB OB WÝTUVQV [ LPUMF5BUP LPOGJHVSBDF
PEQPWÎEÃ PEQPSPWÊNV GBLUPSV P IPEOPULJ 7ULJDIUPQǥÎQBEFDIKFOVUOÊTJPCKFEOBUQǥÎTMVØOÊ
QSPEMVßPWBDÎLVTZ
1ǥJQPKFOÎQPNPDÎKFEOPIPQSPEMVßPWBÎDIPEÎMV
0CS
.BYJNÃMOÎW[EÃMFOPTUNF[JWFSUJLÃMOÎ
PTPVLPUMFBWFOLPWOÎTULJOPVKFNN
1ǥJQPKFOÎQPNPDÎEWPVQSPEMVßPWBDÎDIEÎMDz0CS
.BYJNÃMOÎW[EÃMFOPTUNF[JWFSUJLÃMOÎPTPV
LPUMFBWFOLPWOÎTULJOPVKFNN
4PVQSBWBPCTBIVKF'JH
/ž 5LJTOLJOÎ
/ž ,PODFOUSJDLÊLPMFOPž
/ž ,PODFOUSJDLÃOBTÃWBDÎWÝGVLPWÃSPVSB
‹
/ž #ÎMÃWOJUǥOÎSDzßJDF
/ž »FEÃWOLJKØÎSDzßJDF
r .POUBKFDPOTBMJEBQPTUFSJPS'JH
MPOHJ
UVEEFMUVCPNN
QFSNJUFBUSBWFTBSDPNP
NÃYJNPVOFTQFTPSEFNN/PSNBMNFOUF
TFSÃJNQSFTDJOEJCMFBDPSUBSFMUFSNJOBM$BMDVMBS
MBNFEJEBTVNBOEPFTUPTWBMPSFTFTQFTPSQJF[B
QBSUFJOUFSOBRVFTPCSFTBMFQBSUFFYUFSOBRVF
TPCSFTBMF-BTEJNFOTJPOFTNÎOJNBTEFMBTQBSUFT
RVFTPCSFTBMFOTFQVFEFOWFSFOMBêHVSB
r .POUBKFDPOTBMJEBMBUFSBM'JH
VUJMJ[BOEP
TÓMPFMLJUIPSJ[POUBMBTQJSBDJÓOEFTDBSHBTJOMBT
SFMBUJWBTFYUFOTJPOFTMBEJTUBODJBNÃYJNBFOUSFFM
FKFWFSUJDBMEFEFTDBSHBZMBQBSFEFYUFSJPSFTEF
NN
r &YUFOTJPOFTQBSBLJUIPSJ[POUBM&MLJUIPSJ[POUBM
EFBTQJSBDJÓOEFTDBSHB‹QVFEFTFSQSP
MPOHBEPDPNPNÃYJNPNNFOIPSJ[POUBM
JODMVJEPFMUFSNJOBMDPOSFKJMMBZFYDMVJEPFMDPEP
DPODÊOUSJDPEFTBMJEBEFDBMEFSB&TUBDPOêHVSB
DJÓODPSSFTQPOEFBVOGBDUPSEFSFTJTUFODJBJHVBM
B &O FTUPT DBTPT FT OFDFTBSJP BERVJSJS MBT
FYUFOTJPOFTDPSSFTQPOEJFOUFT
$POFYJÓO DPO VOB TPMB FYUFOTJÓO 'JH %JTUBODJBNÃYJNBFOUSFFMFKFWFSUJDBMEFMBDBMEFSB
ZMBQBSFEFYUFSOBNN
$POFYJÓODPOFYUFOTJPOFT'JH
%JTUBODJB
NÃYFOUSFFKFWFSUJDBMEFMBDBMEFSBZQBSFEFYUFS
OBNN
&MLJUJODMVZF'JH
+VOUB
$PEPžDPODÊOUSJDP
5VCPDPODÊOUSJDPBTQEFTDBSHB‹
"OJMMBJOUFSOBCMBODB
"OJMMBFYUFSOBHSJT
$
$
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
'JH
3ZT 0CS TMJLB ÃCSB ́ͶͶ
Stránka 17 z 62
4*
)6
36
/053"/+"*/45"-"$*+"
r ,POêHVSBDJKBUJQB$[[BUFTOKFOPLPNPSPJO
VNFUOJNWMFǁFOKFN
#&-5­3*#&4;&3&-­4
r $UÎQVTÙIFSNFUJLVTBO[ÃSULBNSÃTÊTLÊOZT[FS
IV[BUPTLB[ÃOLJÊQÎUÊTF
7PEPSBWOJ TFTBMOJ LPNQMFU m PEWPE ‹ .POUBßBLPNQMFUBTMJLB
,PMFOPOBNFTUJUFT
QSJSPCOJDP
OBOPUSBOKPPEQSUJOPLPUMBJOWTUBWJUF
UFTOJMP LJ KF QSJMPßFOP LPNQMFUV WTF TLVQBK
QSJWJKUFTQSJMPßFOJNJWJKBLJ,POǁOPDFW
OBNFT
UJUFEPLPODB[OPUSBOKPTUSBOKPHMBELB
W[VOBOKP
TUSBO[PCSPCOJNUFTUOJMPN
LPMFOB
1SFEUFN
TFQSFQSJǁBKUFǁFTUFßFWTUBWJMJVTUSF[OPOPUSBOKP
JO [VOBOKP SP[FUP4 UFN CPTUF EPTFHMJ LWBMJUFUFO
[BUFTOKFOTQPKQPTBNF[OJIEFMPWLPNQMFUB
0QPNCB ƀF ßFMJUF LPUFM OBNFTUJUJ OB NFTUV LKFS
UFNQFSBUVSBQBEFOBFLTUSFNOPWSFEOPTUKFOBWPMKP
QPTFCFOLPNQMFUQSPUJNSB[VLJHBMBILPOBNFTUJUFLPU
BMUFSOBUJWOPSFØJUFWLTUBOEBSEOFNVLPNQMFUV
r 1PWF[BWB LPODFOUSJǁOJI DFWJ BMJ QPEBMKØFWBMOJI
EFMPW LPMFO  T QPNPǁKP TLMPQLF1SJ
OBNFTUJUWJ NPSFCJUOFHB QPEBMKØLB OB PTUBMF
FMFNFOUFEJNOFHBTJTUFNBQPTUPQBKUFOBTMFEFǁJ
OBǁJOLPODFOUSJǁOPDFWBMJLPODFOUSJǁOPLPMFOP
OBNFTUJUF EP LPODB [ OPUSBOKP TUSBOKP LJ KF
HMBELB
W[VOBOKPTUSBOTPCSPCOJNUFTOJMPN
QPQSFKOBNFØǁFOFHBFMFNFOUB4UFNCPTUFEPTFHMJ
LWBMJUFUFO [BUFTOKFO TQPK QPTBNF[OJI EFMPW
LPNQMFUB
7FSUJLBMFO LPNQMFU QSFNFSB [B WTFTBWBOKF
JOJ[QVIMBILPOBNFTUJNP[J[IPEPN[BEBKEFTOP
MFWPBMJTQSFEBK
7Î[T[JOUFT ‹NNFT ÊHÊTMFWFHǡ mGÛTUHÃ[
SFOET[FST[FSFMÊTJLÊT[MFU'FMT[FSFMÊTÃCSB
$TBUMBLP[UBTTVLBQFSFNFTLÕOZÕLÕU
BUÕNÎUÊT
LÕ[CFJLUBUÃTÃWBM B LB[ÃO IPTT[UFOHFMZÊIF[
LÕ[FMFCCJDTBUMBLP[ÓDTPOLSBÊTSÕH[ÎUTÛLBNFMMÊLFMU
DTBWBSPLLBM $TBUMBLP[UBTTVL B ‹NNmFT
WÊHFMFN NFHGFMFMǡ TJNB
WÊHÊU B LÕOZÕL UPLSÊT[ÊCF ÛULÕ[ÊTJH &Mǡ[ǡMFH OF GFMFKUTÛL FM
GFMIFMZF[OJBLÛMTǡÊTCFMTǡUBLBSÓSÓ[TÃU*MZNÓEPO
CJ[UPTÎUKVL B[ FMFNFL NFHGFMFMǡ JMMFT[LFEÊTÊU ÊT B
SFOET[FSHÃ[UÕNÕSTÊHÊU
.FHKBNFOOZJCFOBLB[ÃOUPMZBOIFMZSFUFMFQÎUKÛL
BIPMBIǡNÊSTÊLMFUOBHZPOBMBDTPOZMFIFUBOPSNÃM
GBHZÃTÃMMÓLÊT[MFUIFMZFUUBLÛMÕOMFHFTFUT[FSFMKFGFM
r ‹NNFT LPODFOUSJLVT UPMEÓ DTǡFMFNFL
ÊT LÕOZÕLÕL DTBUMBLP[UBUÃTB &TFUMFHFT
UPMEÓ FMFNFLOFL B LÊNÊOZSFOET[FSIF[ WBMÓ
DTBUMBLP[UBUÃTB FTFUÊO B LÕWFULF[ǡLÊQQFO LFMM
FMKÃSOJ DTBUMBLP[UBTTVL B LPODFOUSJLVT DTǡ
WBHZ LÕOZÕL NFHGFMFMǡ TJNB
WÊHÊU B NÃS
GFMT[FSFMU VUPMTÓ FMFN UPLSÊT[ÊCF UÕNÎUǡHZǯSǯ
LÕ[CFJLUBUÃTÃWBM
ÛULÕ[ÊTJH*MZNÓEPOCJ[UPTÎUKVL
B[FMFNFLNFHGFMFMǡJMMFT[LFEÊTÊUÊTBSFOET[FS
HÃ[UÕNÕSTÊHÊU
"[ ‹NNFT WÎ[T[JOUFT T[FSFMÊTJ LÊT[MFU
GFMT[FSFMIFUǡIÃUTÓKPCCPMEBMJCBMPMEBMJÊTFMÛMTǡ
LJWF[FUÊTTFM
̸̸͇̺̺͇̺͉͌͊͋͆̓͆͌͋̾͆͆̾̾
͈͇̾͒̾͆́̾ͅ
r ̓͹͸Ϳͳͭ;ͻͪ΁ͳΊͽͳͺͪ$ͼͭͰͻͷͰͽͳ΂͸͹ʹ͵ͪͷͰͻ͹ʹͳ
Ϳ͹ͻͼͳͻ͹ͬͪ͸͸͹ʹͬΆͽΊͱ͵͹ʹ
r 6QPSBCB[J[IPEPN[BEBKTMJLB
%PMßJOB
DFWJ NN PNPHPǁB QSFIPE TLP[J TUFOP [
NBLTJNBMOPEFCFMJOPNN0CJǁBKOPTFLSBKØB
[BEOKJ EFM %PMßJOP J[SBǁVOBNP ǁF TFØUFKFNP
TMFEFǁFWSFEOPTUJ%FCFMJOB[JEVOPUSBOKBØUSMJOB
[VOBOKBØUSMJOB.JOJNBMOBQPUSFCOBEPMßJOB
ØUSMJOFKFOBWFEFOBOBTMJLJ
r 6QPSBCB T TUSBOTLJN J[IPEPN TMJLB
4
QPNPǁKPFOFHBWPEPSBWOFHBLPNQMFUB[BWTFTB
WBOKFJOJ[QVICSF[VTUSF[OJIQPEBMKØFWBMOJIEFMPW
KFOBKWFǁKBSB[EBMKBNFEOBWQJǁOPTNFSKPJ[QVTUPW
JO[VOBOKPTUFOPJO[OBØBNN
r 1PEBMKØFWBMOJEFMJ[BWPEPSBWOJLPNQMFU7PEPS
BWFOTFTBMOJJOJ[QVØOJLPNQMFUQSFNFSB
MBILP QPEBMKØBNP EP NBLTJNBMOF EPMßJOF NN WPEPSBWOP WLMKVǁOP T LPOǁOP SFØFULP JO
SB[FOLPDFOUSJǁOFHBLPMFOBPCJ[IPEVJ[LPUMB
5B LPOêHVSBDJKB VTUSF[B VQPSPWOFNV GBLUPSKV
WSFEOPTUJ7UFIQSJNFSJITPVTUSF[OJQPEBMKØLJ
OBWPMKPQPOBSPǁJMV
1SJLMKVǁJUFW [ FOJN QPEBMKØLPN TMJLB
.BLTJNBMOBSB[EBMKBNFEOBWQJǁOPTNFSKPLPUMB
JO[VOBOKPTUFOP[OBØBNN
1SJLMKVǁJUFW[EWFNBQPEBMKØLPNB4MJLB
.BLTJNBMOBSB[EBMKBNFEOBWQJǁOPTNFSKPLPUMB
JO[VOBOKPTUFOP[OBØBNN
,PNQMFUWTFCVKFTMJLB
/ž 5FTOJMP
/ž ,PODFOUSJǁOPLPMFOPž
/ž ,PODFOUSJǁOBTFTBMOBJ[QVØOBDFW
/ž #FMBOPUSBOKBSP[FUB
/ž 4JWBOPUSBOKBSP[FUB
r 'FMT[FSFMÊTIÃUTÓLJWF[FUÊTTFMÃCSB
"
NNFT DTǡ IPTT[B MFIFUǡWÊ UFT[ FHZ NBYJNVN
NNFTWBTUBHTÃHÙGBMPOUÕSUÊOǡÃUWF[FUÊTU
/PSNÃMJTFTFUCFOFMLFSÛMIFUFUMFOMFT[BWÊHFMFN
MFSÕWJEÎUÊTF " NÊSFU NFHIBUÃSP[ÃTÃIP[ BEKB
ÕTT[FBLÕWFULF[ǡÊSUÊLFLFU'BMWBTUBHTÃHBCFMTǡ
UÙMOZÙMÃTLÛMTǡUÙMOZÙMÃT"NJOJNÃMJTUÙMOZÙMÃT
B[ÃCSÃOMÃUIBUÓ
r 'FMT[FSFMÊT PMEBMTÓ LJWF[FUÊTTFM ÃCSB
,J[ÃSÓMBHBWÎ[T[JOUFTÊHÊTMFWFHǡGÛTUHÃ[LÊT[MFU
UPMEÓ FMFNFL OÊMLÛM UÕSUÊOǡ GFMIBT[OÃMÃTÃWBM B
GÛTUFMWF[FUÊT GÛHHǡMFHFT UFOHFMZF ÊT B LÛMTǡ GBM
LÕ[ÕUUJNBYJNÃMJTUÃWPMTÃHNN
r 5PMEÓFMFNFLWÎ[T[JOUFTLÊT[MFUIF["‹
NNFT ÊHÊTMFWFHǡ GÛTUHÃ[ WÎ[T[JOUFT LÊT[MFUFU
NBYJNVN NNSFM MFIFU WÎ[T[JOUFTFO
NFHUPMEBOJCFMFÊSUWFBSÃDTPTWÊHFMFNFUEFOFN
BLB[ÃOCÓMLJWF[FUǡLPODFOUSJLVTLÕOZÕLJEPNPU
&[ B LJÊQÎUÊT NFHGFMFM FHZ BT ÃSBNMÃTJ
FMMFOÃMMÃTUÊOZF[ǡOFL"[JMZFOFTFUFLCFOB[FSSF
BDÊMSBT[PMHÃMÓUPMEBMÊLJEPNPLBUJHÊOZFMOJLFMM
$TBUMBLP[ÃTECUPMEBMÊLJEPNNBMÃCSB
"LB[ÃOGÛHHǡMFHFTUFOHFMZFÊTBLÛMTǡGBMLÕ[ÕUUJ
NBYJNÃMJTUÃWPMTÃHNN
$TBUMBLP[ÃTECUPMEBMÊLJEPNNBMÃCSB
"LB[ÃOGÛHHǡMFHFTUFOHFMZFÊTBLÛMTǡGBMLÕ[ÕUUJ
NBYJNÃMJTUÃWPMTÃHNN
"LÊT[MFUUBSUBMNBÃCSB
/ž UÕNÎUǡHZǯSǯ
/ž LPODFOUSJLVTžPTLÕOZÕL
/ž ‹NNFTLPODFOUSJLVTDTǡ
ÊHÊTMFWFHǡGÛTUFMWF[FUÊT
/ž CFMTǡUBLBSÓSÓ[TB
GFIÊS
/ž LÛMTǡUBLBSÓSÓ[TB
T[ÛSLF
̻͹ͻͳͲ͹͸ͽͪͶ·͸Άʹ͵͹ͷͺͶͰ͵ͽͬͼͪͼΆͬͪ͸ͳΊͳͯΆͷ͹;ͯͪͶͰ͸ͳΊ
‹͌ͼͽͪ͸͹ͬ͵ͪ͵͹ͷͺͶͰ͵ͽͪ́ͶͶ
;ͼͽͪ͸͹ͬͳͽ·
ͳͲͭͳͫͼͿͶͪ͸΁Ͱͷ
͸ͪ΁Ͱ͸ͽͻͪͶ·͸͹ͷ͹ͽͬͰͻͼͽͳͳͫ͹ʹͶͰͻͪ
ͬͼͽͪͬͶΊΊͼͪͶ·͸ͳ͵
ͳͲͪ͵ͻ;ͽͳͽ·ͬͳ͸ͽͪͷͳͬ΀͹ͯΊ΄ͳͷͳ
ͬ͵͹ͷͺͶͰ͵ͽ͈͹ͯ͵ͶΉ΂ͳͽ·ͽͻ;ͫ;ͬΆͬ͹ͯ
ͭͶͪͯ͵͹ʹ
ͼͽ͹ͻ͹͸Άiͺͪͺͪu
ͬͭ͹ͻͶ͹ͬͳ͸;iͷͪͷͪu
ͳͲͭͳͫͪ
ͯ͹
;ͺ͹ͻͪ;ͫͰͱͯͪΊͼ·ͬͽ͹ͷ΂ͽ͹ͼ͹͹ͽͬͰͽͼͽͬ;Ή΄ΊΊͬ͸΃͸ΊΊͳ
ͬ͸;ͽͻͰ͸͸ΊΊ΃ͪʹͫΆ;ͱͰͬͬͰͯͰ͸ΆͺͻͳΈͽ͹ͷͯ͹ͼͽͳͭͪͰͽͼΊ
ͼ͹Ͱͯͳ͸Ͱ͸ͳͰΈͶͰͷͰ͸ͽ͹ͬͬ΀͹ͯΊ΄ͳ΀ͬͼ͹ͼͽͪͬ͵͹ͷͺͶͰ͵ͽͪͳ
͸Ͱ͹ͫ΀͹ͯͳͷ͹Ͱ;ͺͶ͹ͽ͸Ͱ͸ͳͰ
/#ͰͼͶͳͫ͹ʹͶͰͻ;ͼͽͪ͸͹ͬͶͰ͸ͬͽͪ͵͹ʹͲ͹͸Ͱͬ͵͹ͽ͹ͻ͹ʹ
ͽͰͷͺͰͻͪͽ;ͻͪͷ͹ͱͰͽͯ͹ͼͽͳ΂·͹΂Ͱ͸·͸ͳͲ͵ͳ΀Ͳ͸ͪ΂Ͱ͸ͳʹͬ
͸ͪͶͳ΂ͳͰͳͷͰͰͽͼΊͼͺͰ΁ͳͪͶ·͸Άʹ͵͹ͷͺͶͰ͵ͽͪ͸ͽͳͲͪͷ͹ͻ͹Ͳ͵ͳ
͵͹ͽ͹ͻΆʹͷ͹ͱͰͽͫΆͽ·;ͼͽͪ͸͹ͬͶͰ͸͵ͪ͵ͪͶͽͰͻ͸ͪͽͳͬͪ
ͼͽͪ͸ͯͪͻͽ͸͹ͷ;
r ͊͹Ͱͯͳ͸Ͱ͸ͳͰ ͼ΁ͰͺͶͰ͸ͳͰͷ ͽͻ;ͫ ͳͶͳ ͸ͪͼͪͯ͹͵ ͳ
͵͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵ͳ΀͵͹ͶͰ͸‹̽ͶΊ;ͼͽͪ͸͹ͬ͵ͳ
͸ͪͼͪͯ͹͵ͷͰͽ͹ͯ͹ͷͼ΁ͰͺͶͰ͸ͳΊ͸ͪͯͻ;ͭͳͰΈͶͰͷͰ͸ͽΆ
ͬΆ΀Ͷ͹ͺ͸͹ʹͼͳͼͽͰͷΆ͸Ͱ͹͹ͫ΀͹ͯͳͷ͹ͺͻ͹ͳͲͬͰͼͽͳ
ͼͶͰͯ;Ή΄ͳͰ͹ͺͰͻͪ΁ͳͳ͊͹ͰͯͰ͸ͳͽ·͵͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵;Ή
ͽͻ;ͫ;ͳͶͳ͵͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵͹Ͱ͵͹ͶͰ͸͹ͼͭͶͪͯ͵͹ʹͼͽ͹ͻ͹͸͹ʹ
iͺͪͺͪu
ͬͭ͹ͻͶ͹ͬͳ͸;iͷͪͷͪu
͸ͪͺͻͰͯͬͪͻͳͽͰͶ·͸͹
;ͼͽͪ͸͹ͬͶͰ͸͸ΆʹΈͶͰͷͰ͸ͽͯ͹;ͺ͹ͻͪͺͻͳΈͽ͹ͷͯ͹ͼͽͳͭͪͰͽͼΊ
ͼ͹Ͱͯͳ͸Ͱ͸ͳͰΈͶͰͷͰ͸ͽ͹ͬͬ΀͹ͯΊ΄ͳ΀ͬͼ͹ͼͽͪͬ͵͹ͷͺͶͰ͵ͽͪ
ͳ͸Ͱ͹ͫ΀͹ͯͳͷ͹Ͱ;ͺͶ͹ͽ͸Ͱ͸ͳͰ
̻͹ͻͳͲ͹͸ͽͪͶ·͸Άʹ͵͹ͷͺͶͰ͵ͽ‹ͬͼͪͼΆͬͪ͸ͳΊ
ͯΆͷ͹;ͯͪͶͰ͸ͳΊͷ͹ͱͰͽͫΆͽ·;ͼͽͪ͸͹ͬͶͰ͸ͼͻͪͲͶͳ΂͸Άͷ
ͽͳͺ͹ͷͬΆ΀͹ͯͪͲͪͯ͸ͳͷͺͻͪͬΆͷͫ͹͵͹ͬΆͷͶͰͬΆͷͫ͹͵͹ͬΆͷ
ͳͶͳͺͰͻͰͯ͸ͳͷ
r ͊͹Ͱͯͳ͸Ͱ͸ͳͰͼͲͪͯ͸ͳͷͬΆ΀͹ͯ͹ͷ́ͶͶ
͋ͻ;ͫͪ
ͯͶͳ͸͹Ήͷͷͺ͹Ͳͬ͹ͶΊͰͽͺͰͻͰͷͰ΄Ͱ͸ͳͰ΂ͰͻͰͲͼͽͰ͸;
ͼͷͪ͵ͼͳͷͪͶ·͸͹ʹͽ͹Ͷ΄ͳ͸͹ʹͷͷ͐ͪͪ΄ͰͬͼͰͭ͹
͸Ͱ͹ͫ΀͹ͯͳͷ͹ͼ͹͵ͻͪͽͳͽ·ͬΆͬ͹̺ͯΆ΂ͳͼͶͳͽ·ͻͪͲͷͰͻ
ͼ;ͷͷͳͻ;ΊͼͶͰͯ;Ή΄ͳͰͲ͸ͪ΂Ͱ͸ͳΊͽ͹Ͷ΄ͳ͸ͪͼͽͰ͸Ά
ͬ͸;ͽͻͰ͸͸ΊΊͬΆͼͽ;ͺͬ͸Ͱ΃͸ͳʹͬΆͼͽ;ͺ͆Ͱ͹ͫ΀͹ͯͳͷΆͰ
ͷͳ͸ͳͷͪͶ·͸ΆͰͬΆͼͽ;ͺΆ;͵ͪͲͪ͸͸Ά͸ͪͳͶͶΉͼͽͻͪ΁ͳͳ
r ͊͹Ͱͯͳ͸Ͱ͸ͳͰͼͫ͹͵͹ͬΆͷͬΆ΀͹ͯ͹ͷ́ͶͶ
́ͼͺ͹Ͷ·Ͳ;Ί
ͽ͹Ͷ·͵͹ͭ͹ͻͳͲ͹͸ͽͪͶ·͸Άʹ͵͹ͷͺͶͰ͵ͽͬͼͪͼΆͬͪ͸ͳΊ
ͯΆͷ͹;ͯͪͶͰ͸ͳΊͫͰͲͼ͹͹ͽͬͰͽͼͽͬ;Ή΄ͳ΀͸ͪͼͪͯ͹͵
ͷͪ͵ͼͳͷͪͶ·͸͹Ͱͻͪͼͽ͹Ί͸ͳͰͷͰͱͯ;ͷͰͱͯ;ͬͰͻͽͳ͵ͪͶ·͸͹ʹ
͹ͼ·ΉͬΆͬ͹ͯͪͳͬ͸Ͱ΃Ͱ͸ͰʹͼͽͰ͸͹ʹͻͪͬ͸ΊͰͽͼΊͷͷ
r ͆ͪͼͪͯ͵ͳ ͯͶΊ ͭ͹ͻͳͲ͹͸ͽͪͶ·͸͹ͭ͹ ͵͹ͷͺͶͰ͵ͽͪ
̻͹ͻͳͲ͹͸ͽͪͶ·͸Άʹ͵͹ͷͺͶͰ͵ͽͬͼͪͼΆͬͪ͸ͳΊͯΆͷ͹;ͯͪͶͰ͸ͳΊ
‹ͷ͹ͱͰͽͫΆͽ·;ͯͶͰ͸΋͸ͯ͹ͷͪ͵ͼͳͷͪͶ·͸͹ͭ͹
Ͳ͸ͪ΂Ͱ͸ͳΊͷͷͬ͵ͶΉ΂ͪΊͻͰ΃΋ͽ΂ͪͽΆʹͬΆ΀͹ͯͳ͸Ͱ
;΂ͳͽΆͬͪΊ͵͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵ͳʹͬΆ΀͹ͯ͸ΆʹͳͲͭͳͫ̽ͪ͸͸ͪΊ
͵͹͸Ϳͳͭ;ͻͪ΁ͳΊͼ͹͹ͽͬͰͽͼͽͬ;ͰͽͿͪ͵ͽ͹ͻ;ͼ͹ͺͻͪͽͳͬͶͰ͸ͳΊ
ͻͪͬ͸͹ͷ;Έͽͳ΀ͼͶ;΂ͪΊ΀͸Ͱ͹ͫ΀͹ͯͳͷ͹ͺ͹ͯͪͽ·Ͳͪͺͻ͹ͼ
͸ͪͼ͹͹ͽͬͰͽͼͽͬ;Ή΄ͳͰ͸ͪͼͪͯ͵ͳ
͊͹Ͱͯͳ͸Ͱ͸ͳͰͼ͸ͪͼ͹ͯ͵͹ʹ́ͶͶ
ͪͅ͵ͼͻͪͼͼͽ͹Ί͸ͳͰ
ͷͰͱͯ;ͬͰͻͽͳ͵ͪͶ·͸͹ʹ͹ͼ·Ή͵͹ͽͶͪͳͬ͸Ͱ΃͸ͰʹͼͽͰ͸͹ʹ
ͻͪͬ͸ΊͰͽͼΊͷͷ
͊͹Ͱͯͳ͸Ͱ͸ͳͰͼ͸ͪͼ͹ͯ͵ͪͷͳ́ͶͶ
ͪͅ͵ͼ
ͻͪͼͼͽ͹Ί͸ͳͰͷͰͱͯ;ͬͰͻͽͳ͵ͪͶ·͸͹ʹ͹ͼ·Ή͵͹ͽͶͪͳ
ͬ͸Ͱ΃͸ͰʹͼͽͰ͸͹ʹͻͪͬ͸ΊͰͽͼΊͷͷ
̓͹ͷͺͶ͵ͽͬ͵ͶΉ΂ͪͽͬͼͰͫΊ́ͶͶ
/ž ͊ͪͶ·͸ͳ͵
/ž ̓͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵ͳʹͳͲͭͳͫž
/ž ̓͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵ͪΊͽͻ;ͫͪͬͼͪͼ
ͯΆͷ͹;ͯͪͶͰ͸ͳΊ
/ž ̺͸;ͽͻͰ͸͸ΊΊͫͰͶͪΊ΃ͪʹͫͪ
/ž ̺͸Ͱ΃͸ΊΊͼͰͻͪΊ΃ͪʹͫͪ
$
$
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
$
'JH
3ZT 0CS TMJLB ÃCSB ́ͶͶ
'JH
Stránka 18 z 62
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
&4
1-
$;
,JUIPSJ[POUBMEFBTQJSBDJÓOEFTDBSHB‹
.POUBKFEFMLJU'JH
DPMPDBSFMDPEPDPODP
MMBSÎO
TPCSFFMPSJêDJPNÃTJOUFSOPEFMBDBMEFSB
QPOJFOEPFOUSFNFEJPMBKVOUB
ZêKBSMBVOJÓO
DPOMPTUPSOJMMPTEFMLJU.POUBSFMBEBQUBEPS
BDPQMBOEPTVMBEPNBDIPMJTP
DPOFMMBEPIFN
CSBEFMDPEP
DPOKVOUBTEFMBCJP
BQSFUÃOEPMP
IBTUBFMGPOEP.POUBSFMUFSNJOBMDPODÊOUSJDP‹
BDPQMBOEPTVMBEPNBDIPMJTP
DPOFM
MBEPIFNCSBEFMBEBQUBEPS
DPOKVOUBTEFMBCJP
BQSFUÃOEPMPIBTUBFMGPOEPTJOPMWJEBSEFJOUSPEVDJS
QSFWJBNFOUFMBTSFMBUJWBTBOJMMBTJOUFSOBZFYUFSOB
EFFTUBGPSNBTFDPOTFHVJSÃMBVOJÓOFTUBODBEFMPT
FMFNFOUPTEFMLJU
1P[JPNZ [FTUBX EPQSPXBE[BKƾDPTQVTUPXZ ‹
.POUBǻ[FTUBXV3ZT
[BJOTUBMPXBǀ
LT[UBULNj SVSLPXƾ [ LPOJFS[FN X PUXPS[F
DFOUSBMOZN LPUB XSB[ [ VT[D[FMLƾ J XPǻZǀ
ǧSVCZ[[FTUBXV1PEƾD[ZǀBEBQUFS
TUSPOƾNNjTLƾ
HBELƾ
EPTUSPOZǻFǝTLJFKLT[UBUPXOJLBSVSPXFHP
[VT[D[FMLBNJ
JEPDJTOƾǀ1PEƾD[ZǀLPǝDÓXLNj
LPODFOUSZD[Oƾ‹
TUSPOƾNNjTLƾHBELƾ
EP TUSPOZ ǻFǝTLJFK BEBQUFSB [ VT[D[FMLBNJ
EPDJTOƾǀ J TQSBXE[BKƾD D[Z XPǻPOB [PTUBB KVǻ
PEQPXJFEOJB SP[FUB XFXONjUS[OB J [FXONjUS[OB
8UFOTQPTÓC[BQFXOJBTJNjT[D[FMOPǧǀFMFNFOUÓX
TLBEPXZDI[FTUBXV
)PSJ[POUÃMOÎOBTÃWWÝGVLTPVQSBWBPQSDzNLJSV
‹.POUÃßTPVQSBWZ0CS
*OTUBMVKUF
LPMFOPTPCSVCPV
OBOFKWOJUǥOFKØÎPUWPSLPUMF
QǥJǁFNßNF[JOLJWMPßUFULJTOLJOÎ
LUFSÊOBKEFUFW
TPVQSBWLJBVUÃIOLJUFIPØSPVCZLUFSÊKTPVTPVǁÃTUÎ
TPVQSBWZ 3FEVLDJ OBTVǞUF OB EPSB[ WOJUǥOÎ
TUSBOPV IMBELPV
EP WOLJKØÎ TUSBOZ LPMFOB T
ULJTOLJOÎN T PCSVCPV
,PODFOUSJDLÝ LPODPWÝ LVT
PQSDzNLJSV
[BTVǞUFBßOBEPSB[WOJUǥOÎ
TUSBOPVIMBELPV
EPWOLJKØÎTUSBOZSFEVLDF
T
ULJTOLJOÎNTPCSVCPV
/F[BQPNFǞUFQǥFEUÎNOBW
MÊLOPVUPEQPWÎEBKÎDÎWOJUǥOÎBWOLJKØÎSDzßJDJ5ÎNUP
[QDzTPCFN EPTÃIOFUF EPLPOBMF ULJTOÊIP TQPKFOÎ
KFEOPUMJWÝDIǁÃTUÎTPVQSBWZ
r "DPQMBNJFOUPFOUSFFYUFOTJPOFTEFUVCPTZDPEPT
DPODÊOUSJDPT‹1BSBBDPQMBSFYUFOTJPOFT
BPUSPTFMFNFOUPTEFUPNBEFBJSFFWBDVBDJÓOEF
IVNPTFTOFDFTBSJPBDUVBSEFMTJHVJFOUFNPEP
NPOUBSFMUVCPDPODÊOUSJDPPFMDPEPDPODÊOUSJ
DPBDPQMBOEPTVMBEPNBDIPMJTP
DPOFMMBEP
IFNCSBDPOKVOUBTEFMBCJP
EFMFMFNFOUPQSF
WJBNFOUFJOTUBMBEPBQSFUÃOEPMPIBTUBFMGPOEP
EFFTUBGPSNBTFDPOTFHVJSÃMBVOJÓOFTUBODBEF
UPEPTMPTFMFNFOUPT
"UFODJÓODVBOEPTFBOFDFTBSJPBDPSUBSFMUFSNJOBM
EFEFTDBSHBZPFMUVCPEFFYUFOTJÓODPODÊOUSJDPUF
OFSFODVFOUBRVFFMDPOEVDUPJOUFSOPTJFNQSFEFCF
TPCSFTBMJSNNSFTQFDUPBMDPOEVDUPFYUFSOP
/PSNBMNFOUF FM LJU IPSJ[POUBM ‹ EF BT
QJSBDJÓOEFTDBSHB TF VTB DVBOEP TPO OFDFTBSJBT
DPOEVDDJPOFTFTQFDJBMNFOUFMBSHBTFMLJU‹
QVFEF TFS JOTUBMBEP DPO TBMJEB QPTUFSJPS MBUFSBM
EFSFDIBMBUFSBMJ[RVJFSEBZBOUFSJPS
r &YUFOTJPOFTQBSBLJUIPSJ[POUBM&MLJUIPSJ[POUBM
EFBTQJSBDJÓOEFTDBSHB‹QVFEFTFSQSP
MPOHBEPDPNPNÃYJNPNNFOIPSJ[POUBM
JODMVJEP FM UFSNJOBM DPO SFKJMMB Z FYDMVJEP FM
DPEPDPODÊOUSJDPEFMBTBMJEBEFMBDBMEFSBZFM
BEBQUBEPSEF‹B‹'JH
&TUB DPOGJHVSBDJÓO DPSSFTQPOEF B VO GBDUPS
EF SFTJTUFODJB JHVBM B &O FTUPT DBTPT FT
OFDFTBSJPTPMJDJUBSMBTFYUFOTJPOFTEFDPOEVDUPT
BEFDVBEBT
*NQPSUBOUFEVSBOUFMBJOTUBMBDJÓOEFMPTDPO
EVDUPTFTOFDFTBSJPNPOUBSDBEBNFUSPTVOB
BCSB[BEFSBDPOUBDPTQBSBBTFHVSBSMPTCJFO
r 3FKJMMB FYUFSOB *NQPSUBOUF BQPS NPUJWPT EF
TFHVSJEBETFSFDPNJFOEBOPPCTUSVJSOJTJRVJFSB
QSPWJTJPOBMNFOUFFMUFSNJOBMEFBTQJSBDJÓOEFT
DBSHBEFMBDBMEFSB
&MLJUJODMVZF'JH
+VOUB
$PEPDPODÊOUSJDP‹
"EBQUBEPS‹QBSB‹
5FSNJOBMDPODÊOUSJDPBTQEFTDBSHB‹
"OJMMBJOUFSOBCMBODB
"OJMMBFYUFSOBHSJT
r 1PEƾD[FOJF EP [ƾD[B SVS QS[FEVǻBKƾDZDI
PSB[ LPMBOFL LPODFOUSZD[OZDI ‹ "CZ
QPEƾD[ZǀFXFOUVBMOFQS[FEVǻBD[FEP[ƾD[LJ
[ JOOZNJ FMFNFOUBNJ JOTUBMBDKJ LPNJOPXFK
OBMFǻZXZLPOBǀDPOBTUNjQVKF[ƾD[ZǀSVSNj
LPODFOUSZD[Oƾ MVC LPMBOLP LPODFOUSZD[OF
TUSPOƾ NNjTLƾ HBELƾ
[F TUSPOƾ ǻFǝTLƾ [
VT[D[FMLƾ
FMFNFOUVVQS[FEOJP[BJOTUBMPXBOFHP
JEPDJǧOJNjUFHPEPLPǝDB8UFOTQPTÓCNPǻOB
[BQFXOJǀ T[D[FMOPǧǀ J QPQSBXOPǧǀ QPƾD[FOJB
FMFNFOUÓX
6XBHBXSB[JFLPOJFD[OPǧDJTLSÓDFOJBLPǝDÓXLJ
TQVTUPXFKPSB[MVCQS[FEVǻBD[BLPODFOUSZD[OFHP
OBMFǻZ VX[HMNjEOJǀ GBLU ǻF QS[FXÓE XFXONjUS[OZ
QPXJOJFO[BXT[FCZǀEVǻT[ZPNNXQPSÓXOBOJV
EPQS[FXPEV[FXONjUS[OFHP
;B[XZD[BK QP[JPNZ [FTUBX EPQSPXBE[BKƾDP
TQVTUPXZ‹KFTUTUPTPXBOZXQS[ZQBELBDI
HEZ JTUOJFKF LPOJFD[OPǧǀ QPTJBEBOJB XZKƾULPXP
EVHJDIQS[FEVǻBD[Z;FTUBX‹NPǻFCZǀ
[BJOTUBMPXBOZ QPQS[F[ XZKǧDJF QS[FEOJF CPD[OF
QSBXFCPD[OFMFXFPSB[UZMOF
r 1S[FEVǻBD[FEMB[FTUBXVQP[JPNFHP;FTUBX
QP[JPNZ EPQSPXBE[BKƾDPTQVTUPXZ ‹ NPǻOBQS[FEVǻZǀEPNBLTZNBMOFHPSP[NJBSV
NN X QP[JPNJF XMJD[BKƾD LSBULNj OB
LPǝDVMFD[XZƾD[BKƾDLT[UBUPXOJLSVSPXZ
LPODFOUSZD[OZOBXZKǧDJV[LPUBPSB[BEBQUFS‹
OB‹QBUS[SZTVOFL
,POêHVSBDKB
UBLBQPTJBEBXTQӐD[ZOOJLPQPSVSÓXOZ8
UBLJDI QS[ZQBELBDI OBMFǻZ [BNÓXJǀ TQFDKBMF
QS[FEVǻBD[F
/# X D[BTJF JOTUBMBDKJ QS[FXPEÓX OBMFǻZ
JOTUBMPXBǀDPNFUSZ[BDJTLXSB[[LPLJFN
r ,SBULB [FXONjUS[OB /# XDFMV[BQFX O J
F O J B CF[QJFD[FǝTUXB OJF OBMFǻZ [BUZLBǀ
OBXFU UZND[BTPXP PUXPSV EPQSPXBE[BKƾDP
TQVTUPXFHPLPUB
;FTUBXPCFKNVKF'JH
/ž 6T[D[FMLNj
/ž ,T[UBULNjLPODFOUSZD[Oƾ‹
/ž "EBQUFS‹QFS‹
/ž 1S[FXÓELPODFOUSZD[OZEPQSTQVTU‹
/ž 3P[FUNjXFXONjUS[OƾCJBƾ
/ž 3P[FUNj[FXONjUS[OƾT[BSƾ
6QP[PSOLJOÎ ,EZß KF OVUOÊ [LSÃUJU LPODPWÝ WÝ
GVLPWÝ LVT BOFCP QSPEMVßPWBDÎ LPODFOUSJDLPV
SPVSVNVTÎWOJUǥOÎQPUSVCÎWZǁOÎWBUWßEZPNN
W[IMFEFNLWFOLPWOÎNVQPUSVCÎ
)PSJ[POUÃMOÎ TPVQSBWB P QSDzNLJSV QSP
OBTÃWÃOÎBWÝGVLTFCLJßOLJQPVßÎWÃWQǥÎQBEFDILEZ
KF UǥFCB QPVßÎU NJNPǥÃEOLJ EMPVIÊ QSPEMVßPWBDÎ
LVTZ TPVQSBWV T QSDzNLJSFN KF NPßOÊ
JOTUBMPWBUTWÝWPEFNW[BEVOBQSBWPOBMFWPOFCP
WFQǥFEV
r 1SPEMVßPWBDÎ EÎMZ QSP IPSJ[POUÃMOÎ TPVQSBWV
)PSJ[POUÃMOÎ OBTÃWBDÎ B WÝGVLPWPV TPVQSBWV
P QSDzNLJSV KF NPßOÊ QSPEMPVßJU Bß OB
NBYJNÃMOÎEÊMLVNNIPSJ[POUÃMOLJWǁFUOLJ
LPODPWÊIPSPØUVBNJNPLPODFOUSJDLÊIPLPMFOB
OBWÝTUVQV[LPUMFBSFEVLDFPQSDzNLJSV
OBQSDzNLJS0CS
5BUPLPOêHVSBDF
PEQPWÎEÃPEQPSPWÊNVGBLUPSVPIPEOPULJ7
ULJDIUPQǥÎQBEFDIKFOVUOÊTJPCKFEOBUQǥÎTMVØOÊ
QSPEMVßPWBDÎLVTZ
1P[OÃNLB1ǥJJOTUBMBDJQPUSVCÎKFOVUOÊLBßEÊ
UǥJNFUSZJOTUBMPWBUUBIPWÝQÃTTINPßEJOLPV
r 7FOLPWOÎ SPØU 1P[OÃNLB ; CF[QFǁOPTUOÎDI
EDzWPEDz TF EPQPSVǁVKF OF[BLSÝWBU B UP BOJ
EPǁBTOLJLPODPWÝOBTÃWWÝGVLLVTLPUMF
4PVQSBWBPCTBIVKF0CS
/ž 5LJTOLJOÎ
/ž ,PODFOUSJDLÊLPMFOPPQSDzNLJSV
/ž 3FEVLDF[QSDzNLJSVOBQSDzNLJS
/ž 5,PODFOUSJDLÃLPODPWLBOBTÃWÃOÎB
WÝGVLPQSDzNLJSV
/ž #ÎMÃWOJUǥOÎSDzßJDF
/ž »FEÃWOLJKØÎSDzßJDF
$
$
r 1ǥJQPKFOÎ QSPEMVßPWBDÎDI LVTDz B LPODFOUSJDL
ÝDI LPMFO P QSDzNLJSV QPNPDÎ TQPKFL
1ǥJ JOTUBMBDJ QǥÎQBEOÊIP QSPEMPVßFOÎ QPNPDÎ
TQPKFLLEBMØÎNQSWLDzNLPVǥPWÊIPTZTUÊNVKF
UǥFCB QPTUVQPWBU OÃTMFEPWOLJ ,PODFOUSJDLPV
SPVSVOFCPLPMFOP[BTVǞUFBßOBEPSB[WOJUǥOÎ
TUSBOPVIMBELPV
EPWOLJKØÎTUSBOZTPCSVCPWÝN
ULJTOLJOÎN
EǥÎWF JOTUBMPWBOÊIP QSWLV 5ÎNUP
[QDzTPCFNEPTÃIOFUFEPLPOBMFULJTOÊIPTQPKFOÎ
KFE”OPUMJWÝDIQSWLDz
'JH
3ZT 0CS TMJLB ÃCSB ́ͶͶ
'JH
Stránka 19 z 62
3ZT 0CS TMJLB ÃCSB ́ͶͶ
&4
1-
$;
,JUWFSUJDBMDPOUFKBEFBMVNJOJP‹.PO
UBKFEFMLJU'JH
.POUBKFEFMLJUDPMPDBSFM
DPMMBSÎODPODÊOUSJDP
FOFMPSJêDJPNÃTJOUFSOP
EFMBDBMEFSBTJUVBOEPFOUSFNFEJPMBKVOUB
Z
êKBOEPMBVOJÓODPOMPTUPSOJMMPTEFMLJU.POUBS
FM BEBQUBEPS BDPQMBOEP TV MBEP NBDIP MJTP
DPO FM MBEP IFNCSB EFM DPMMBSÎO DPODÊOUSJDP *OTUBMBDJÓO EF MB GBMTB UFKB EF BMVNJOJP 4VTUJUVJS
VOBUFKBQPSMBQMBDBEFBMVNJOJP
QFSêMÃOEPMB
BEFDVBEBNFOUFQBSBRVFFMBHVBEFMMVWJBFTDVSSB
CJFO$PMPDBSFOMBQMBDBEFBMVNJOJPMBTFNJFTGFSB
IVFDBIVFDBêKB
FJOUSPEVDJSFMUVCPEFBTQJSB
DJÓOEFTDBSHB
.POUBSFMUFSNJOBMDPODÊOUSJDP
‹BDPQMBOEPTVMBEPNBDIP
MJTP
DPOFM
MBEPIFNCSBEFMBEBQUBEPS
DPOKVOUBTEFMBCJP
BQSFUÃOEPMPIBTUBFMGPOEPTJOPMWJEBSTFEFDPMPDBS
BOUFTMBBOJMMB
EFFTUBGPSNBTFDPOTFHVJSÃMB
VOJÓOFTUBODBEFMPTFMFNFOUPTEFMLJU
;FTUBX QJPOPXZ [ BMVNJOJPXZN EBT[LJFN
‹ .POUBǻ [FTUBXV 3ZT [BJOTUBMPXBǀ LPOJFS[ LPODFOUSZD[OZ X
PUXPS[FDFOUSBMOZNLPUBTUPTVKƾDVT[D[FMLNj
J XPǻZǀ ǧSVCZ [ [FTUBXV 1PEƾD[Zǀ BEBQUFS TUSPOƾNNjTLƾHBELƾ
EPTUSPOZǻFǝTLJFKLPOJFS[B
LPODFOUSZD[OFHP .POUBǻ QP[PSOFHP EBT[LV
BMVNJOJPXFHP 8ZNJFOJǀ QZULJ BMVNJOJPXF X
EBT[LV
VLBEBKƾDKFUBLBCZQP[XPMJǀOB
PEQZX XPEZ EFT[D[PXFK /B EBT[LV VNJFǧDJǀ
OB TUBMF [BNPDPXBOZ QӐQSPGJM J XPǻZǀ
SVSNj EPQSPXBE[BKƾDP TQVTUPXƾ 1PEƾD[Zǀ
LPODFOUSZD[OƾLPǝDÓXLNj‹NNjTLƾTUSPOƾ
HBELƾ
EP ǻFǝTLJFK TUSPOZ BEBQUFSB [
VT[D[FMLƾ
EPDJTOƾǀ TQSBXE[BKƾD D[Z XPǻPOB
[PTUBBSP[FUB
8UFOTQPTÓCNPǻOB[BQFXOJǀ
T[D[FMOPǧǀ J QSBXJEPXF QPƾD[FOJF FMFNFOUÓX
TLBEPXZDI[FTUBXV
7FSUJLÃMOÎ TPVQSBWB T IMJOÎLPWPV UBØLPV ‹
.POUÃß TPVQSBWZ 0CS LPODFO
USJDLPV QǥÎSVCPV JOTUB”MVKUF OB OFKWOJUǥOLJKØÎ
PUWPS LPUMF NF[J PCB QSWLZ WMPßUF ULJTOLJOÎ B
VUÃIOLJUF QPNPDÎ ØSPVCDz [F TPVQSBWZ 3FEVLDJ
OBTVǞUF WOJUǥOÎ TUSBOPV IMBELPV
EP WOLJKØÎ
TUSBOZLPO”DFOUSJDLÊQǥÎSVCZ
*OTUBMBDFGBMFØOÊ
IMJOÎLPWÊUBØLZ4UǥFØOÎUBØLVOBISBDŽUFIMJOÎLPWÝN
QMÃUFN
BVQSBWUFIPUBLBCZVNPßOJMPEUÊLÃOÎ
EFØǬPWÊWPEZ/BIMJOÎLPWPVUBØLVVNÎTULJUFQFWOÝ
QDzMLVMPWJUÝ EÎM B WTVǞUF EPWOJUǥ USVCLV QSP
OBTÃWÃOÎ B PEWPE ,PODFOUSJDLPV LPODPWLV
‹[BTVǞUFBßOBEPSB[WOJUǥOÎTUSBOPV
IMBELPV
EPWOLJKØÎTUSBOZSFEVLDF
TPLSBKPWPV
PCSVCPV
KFØULJQǥFEUÎNOBTVǞUFSDzßJDJ
5ÎNUP
[QDzTPCFN EPTÃIOFUF EPLPOBMF ULJTOÊIP TQPKFOÎ
KFEOPUMJWÝDIǁÃTUÎTPVQSBWZ
r "DPQMBNJFOUP FOUSF FYUFOTJPOFT EF UVCPT Z
DPEPTDPODÊOUSJDPT1BSBQPEFSBDPQMBSQPTJCMFT
FYUFOTJPOFT DPO FMFNFOUPT EF UPNB EF BJSF
FWBDVBDJÓO EF IVNPT FT OFDFTBSJP SFBMJ[BS MP
TJHVJFOUFNPOUBSFMUVCPDPODÊOUSJDPPFMDPEP
DPODÊOUSJDPBDPQMBOEPTVMBEPNBDIPMJTP
DPO
FMMBEPIFNCSBDPOKVOUBTEFMBCJP
EFMFMFNFOUP
QSFWJBNFOUFJOTUBMBEPBQSFUÃOEPMPIBTUBFMGPO
EPEFFTUBGPSNBTFDPOTFHVJSÃMBVOJÓOFTUBODB
EFUPEPTMPTFMFNFOUPT
r 1PEƾD[FOJF EP [ƾD[B SVS QS[FEVǻBKƾDZDI
PSB[LPMBOFLLPODFOUSZD[OZDI"CZQPEƾD[Zǀ
FXFOUVBMOF QS[FEVǻBD[F EP [ƾD[LJ [
JOOZNJ FMFNFOUBNJ JOTUBMBDKJ LPNJOPXFK
OBMFǻZ XZLPOBǀ DP OBTUNjQVKF [ƾD[Zǀ SVSNj
LPODFOUSZD[Oƾ MVC LPMBOLP LPODFOUSZD[OF
TUSPOƾ NNjTLƾ HBELƾ
[F TUSPOƾ ǻFǝTLƾ [
VT[D[FMLƾ
FMFNFOUVVQS[FEOJP[BJOTUBMPXBOFHP
JEPDJǧOJNjUFHPEPLPǝDB8UFOTQPTÓCNPǻOB
[BQFXOJǀ T[D[FMOPǧǀ J QPQSBXOPǧǀ QPƾD[FOJB
FMFNFOUÓX
"UFODJÓODVBOEPTFBOFDFTBSJPBDPSUBSFMUFSNJOBM
EFEFTDBSHBZPFMUVCPEFFYUFOTJÓODPODÊOUSJDPUF
OFSFODVFOUBRVFFMDPOEVDUPJOUFSOPTJFNQSFEFCF
TPCSFTBMJSNNSFTQFDUPBMDPOEVDUPFYUFSOP
&TUF UFSNJOBM FTQFDJBM QFSNJUF PCUFOFS WFSUJDBM
NFOUFMBEFTDBSHBEFIVNPTZMBBTQJSBDJÓOEFBJSF
OFDFTBSJBQBSBMBDPNCVTUJÓO
&MLJUJODMVZF'JH
+VOUB
$PMMBSÎOIFNCSBDPODÊOUSJDP
"EBQUBEPS‹QBSB‹
"OJMMB
5FKBEFBMVNJOJP
5VCPDPODÊOUSJDP
BTQEFTDBSHB‹
4FNJFTGFSBIVFDBêKB
4FNJFTGFSBIVFDBNÓWJM
6XBHBXSB[JFLPOJFD[OPǧDJTLSÓDFOJBLPǝDÓXLJ
TQVTUPXFKPSB[MVCQS[FEVǻBD[BLPODFOUSZD[OFHP
OBMFǻZ VX[HMNjEOJǀ GBLU ǻF QS[FXÓE XFXONjUS[OZ
QPXJOJFO[BXT[FCZǀEVǻT[ZPNNXQPSÓXOBOJV
EPQS[FXPEV[FXONjUS[OFHP
5BLPOLSFUOBLPǝDÓXLBQP[XBMBOBPEQSPXBE[FOJF
TQBMJOPSB[OBQPCSBOJFQPXJFUS[BQPUS[FCOFHPEP
TQBMBOJBXLJFSVOLVQJPOPXZN
;FTUBXPCFKNVKF3ZT
/ž 6T[D[FMLNj
/ž ,POJFS[[FXONjUS[OZLPODFOUSZD[OZ
/ž "EBQUFS‹QFS‹
/ž 3P[FUNj
/ž "MVNJOJPXZEBT[FL
/ž 1S[FXÓELPODFOUSZD[OZEPQSTQVTU‹
/ž 1ӐQSPêMTUBZ
/ž 1ӐQSPêMSVDIPNZ
r 4QPKFOÎLPODFOUSJDLÝDIQSPEMVßPWBDÎDIǁÃTUÎB
LPMFO QPNPDÎ TQPKLZ 1ǥJ JOTUBMBDJ QǥÎQBEOÝDI
QSPEMVßPWBDÎDIǁÃTUÎLEBMØÎNǁÃTUFNLPVǥPWÊIP
TZTUÊNV QPNPDÎ TQPKLZ KF UǥFCB QPTUVQPWBU
OÃTMFEVKÎDÎN[QDzTPCFNLPODFOUSJDLPVUSVCLV
OFCPLPODFOUSJDLÊLPMFOP[BTVǞUFBßOBEPSB[
WOJUǥOÎ TUSBOPV IMBELPV
EP WOLJKØÎ TUSBOZ KJß
JOTUBMPWBOÊ TPVǁÃTUJ T PLSBKPWPV PCSVCPV
5ÎNUP [QDzTPCFN EPTÃIOFUF EPLPOBMF ULJTOÊIP
TQPKFOÎKFEOPUMJWÝDIǁÃTUÎTPVQSBWZ
6QP[PSOLJOÎ ,EZß KF OVUOÊ [LSÃUJU LPODPWÝ WÝ
GVLPWÝ LVT BOFCP QSPEMVßPWBDÎ LPODFOUSJDLPV
SPVSVNVTÎWOJUǥOÎQPUSVCÎWZǁOÎWBUWßEZPNN
W[IMFEFNLWFOLPWOÎNVQPUSVCÎ
5FOUP TQFDJGJDLÝ LPODPWÝ LVT VNPßǞVKF WÝGVL
LPVǥFBOBTÃWÃOÎW[EVDIVOF[CZUOÊIPLFTQBMPWÃOÎ
WFWFSUJLÃMOÎNTNLJSV
4PVQSBWBPCTBIVKF0CS
/ž 5LJTOLJOÎ
/ž ,PODFOUSJDLÃWOLJKØÎQǥÎSVCB
/ž 3FEVLDF[QSDzNLJSVOBQSDzNLJS
/ž 3DzßJDF
/ž )MJOÎLPWÃUBØLB
/ž ,PODFOUSJDLÃSPVSB
QSPOBTÃWÃOÎBWÝGVLPQSDzNLJSV‹
/ž 1FWOÝQDzMLVMPWÝEÎM
/ž 1PIZCMJWÝQDzMLVMPWÝEÎM
$
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
Stránka 20 z 62
4*
)6
36
/BWQJǁFO LPNQMFU [ BMVNJOJKBTUJN LPNBEPN
‹ .POUBßB LPNQMFUB 4MJLB T
LPODFOUSJǁOPQSJPCOJDP
OBNFTUJNPOBOPUSBOKP
PEQSUJOPLPUMBNFEPCBFMFNFOUBWTUBWJNPUFTOJMP
JO QSJWJKFNP T QPNPǁKP WJKBLPW J[ LPNQMFUB
3FEVLDJKP OBNFTUJNP [ OPUSBOKP TUSBOKP
HMBELP
W[VOBOKPTUSBOLPODFOUSJǁOFQSJSPCOJDF
/BNFTUJUFWOFQSBWFHBBMVNJOJKBTUFHBFMFNFOUB
4USFØOJL [BNFOKBKUF [ BMVNJOJKBTUJN TUSFØOJLPN
JO HB QSJUSEJUF UBLP EB PNPHPǁB PEUFLBOKF
EFßFWOJDF/B BMVNJOJKBTU TUSFØOJL OBNFTUJUF
QPMLSPßOJ EFM JO OPU OBQFMKJUF TFTBMOP JO
PEWBKBMOP DFW ,PODFOUSJǁOP LPOǁOJDP ‹
OBQFMKJUF EP LPODB [ OPUSBOKP TUSBOKP HMBELP
W[VOBOKPTUSBOSFEVLDJKF
TTLSBKOP
QSJSPCOJDP
ØFQSFKQBOBNFTUJUFSP[FUP
4UFN
CPTUFEPTFHMJLWBMJUFUFO[BUFTOKFOTQPKQPTBNF[OJI
EFMPWLPNQMFUB
'ÛHHǡMFHFT‹NNmFTT[FSFMÊTJLÊT[MFUBMV
NÎOJVNUFUǡÃUWF[FUǡWFM'FMT[FSFMÊTÃCSB
$TBUMBLP[UBTTVLBLPODFOUSJLVTJOEÎUÓFMFNFU
B UÕNÎUÊT LÕ[CFJLUBUÃTÃWBM B LB[ÃO IPTT[UFO
HFMZÊIF[LÕ[FMFCCJDTBUMBLP[ÓDTPOLSBÊTSÕH[ÎUTÛL
BNFMMÊLFMUDTBWBSPLLBM)FMZF[[ÛLBCǡWÎUǡFMFNFU
NFHGFMFMǡTJNB
WÊHÊWFMBLPODFOUSJLVTJOEÎUÓ
FMFN UPLSÊT[ÊCF "[ BMVNÎOJVN UFUǡÃUWF[FUǡ
GFMT[FSFMÊTF " UFUǡDTFSFQFL IFMZÊSF JMMFTT[ÛL CF
B[ BMVNÎOJVN UFUǡÃUWF[FUǡU ÊT IBKMÎUTVL NFH
PMZNÓEPOIPHZCJ[UPTÎUTVLBDTBQBEÊLNFHGFMFMǡ
FMWF[FUÊTÊU)FMZF[[ÛLB[BMVNÎOJVNUFUǡÃUWF[FUǡSF
B êY GÊMHÕNCIÊKBU ÊT JMMFTT[ÛL B IFMZÊSF B[
ÊHÊTMFWFHǡGÛTUHÃ[ DTÕWFU " LPODFOUSJLVT
‹NNFTDTÕWFU
T[ǯLFCCTJNB
WÊHÊWFM
DTBUMBLP[UBTTVL B CǡWÎUǡ JEPN UPLSÊT[ÊCF B
UÕNÎUǡHZǯSǯ CFJMMFT[UÊTÊWFM
ÛULÕ[ÊTJH &Mǡ[ǡMFH
OFGFMFEKÛLFMGFMIFMZF[OJSÃBUBLBSÓSÓ[TÃU
*MZ
NÓEPOCJ[UPTÎUKVLB[FMFNFLNFHGFMFMǡJMMFT[LFEÊTÊU
ÊTBSFOET[FSHÃ[UÕNÕSTÊHÊU
̺Ͱͻͽͳ͵ͪͶ·͸Άʹ ͵͹ͷͺͶͰ͵ͽ ͼ ͪͶΉͷͳ͸ͳͰͬ͹ʹ
΂ͰͻͰͺͳ΁Ͱʹ ‹ ͌ͼͽͪ͸͹ͬ͵ͪ ͵͹ͷͺͶͰ͵ͽͪ
́ͶͶ ͌ͼͽͪ͸͹ͬͳͽ· ͵͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵ͳʹ
ͿͶͪ͸Ͱ΁
͸ͪ΁Ͱ͸ͽͻͪͶ·͸͹Ͱ͹ͽͬͰͻͼͽͳͰͫ͹ʹͶͰͻͪ
;ͼͽͪ͸ͪͬͶͳͬͪΊͺͻͳΈͽ͹ͷͼͪͶ·͸ͳ͵
ͳͲͪ͵ͻ;ͽͳͽ·
ͫ͹Ͷͽͪͷͳ ͬ΀͹ͯΊ΄ͳͷͳ ͬ ͵͹ͷͺͶͰ͵ͽ ͌ͼͽͪ͸͹ͬͳͽ·
ͪͯͪͺͽͰͻ ͭͶͪͯ͵͹ʹ ͼͽ͹ͻ͹͸͹ʹ iͺͪͺͪu
ͬ
ͭ͹ͻͶ͹ͬͳ͸;iͷͪͷͪu
͵͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵͹ͭ͹ͿͶͪ͸΁ͪ
͌ͼͽͪ͸͹ͬͳͽ· ;ͼ͵;ͼͼͽͬͰ͸͸;Ή ͪͶΉͷͳ͸ͳͰͬ;Ή
΂ͰͻͰͺͳ΁;̀ͪͷͰ͸ͳͽ·͸ͪ΂ͰͻͰͺͳ΁ͰͪͶΉͷͳ͸Ͱͬ;Ή
ͺͶͪͼͽͳ͸; ͷ͹ͯͰͶͳͻ;Ί Ͱ΋ ͽͪ͵ͳͷ ͹ͫͻͪͲ͹ͷ
΂ͽ͹ͫΆ ͺͻ͹ͳͲͬͰͼͽͳ ͹ͽͬ͹ͯ ͯͶΊ ͯ͹ͱͯͰͬ͹ʹ
ͬ͹ͯΆ ͌ͼͽͪ͸͹ͬͳͽ· ͸ͪ ͪͶΉͷͳ͸ͳͰͬ͹ʹ ΂ͰͻͰͺͳ΁Ͱ
ͼͽͪ΁ͳ͹͸ͪͻ͸Άʹ ͺ͹Ͷ;΄ͳͽ ͳ ͬͬͰͼͽͳ ͽͻ;ͫ;
ͬͼͪͼΆͬͪ͸ͳΊͯΆͷ͹;ͯͪͶͰ͸ͳΊ ͌ͼͽͪ͸͹ͬͳͽ·
͵͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵ͳʹʹ ͬΆͬ͹ͯ ‹ ͭͶͪͯ͵͹ʹ
ͼͽ͹ͻ͹͸͹ʹ iͺͪͺͪu
ͬ ͭ͹ͻͶ͹ͬͳ͸; iͷͪͷͪu
ͪͯͪͺͽͰͻͪ
ͯ͹;ͺ͹ͻͪ;ͫͰͯͳͽ·ͼΊͬͽ͹ͷ΂ͽ͹΃ͪʹͫͪ
;ͱͰ ͫΆͶͪ ͬͬͰͯͰ͸ͪ
ͺͻͳ Έͽ͹ͷ ͯ͹ͼͽͳͭͪͰͽͼΊ
ͼ͹Ͱͯͳ͸Ͱ͸ͳͰ ΈͶͰͷͰ͸ͽ͹ͬ ͬ΀͹ͯΊ΄ͳ΀ ͬ ͼ͹ͼͽͪͬ
͵͹ͷͺͶͰ͵ͽͪͳ͸Ͱ͹ͫ΀͹ͯͳͷ͹Ͱ;ͺͶ͹ͽ͸Ͱ͸ͳͰ
r 1PWF[BWB LPODFOUSJǁOJI QPEBMKØFWBMOJI EFMPW
JO LPMFO T TQPKLP 1SJ OBNFTUJUWJ NPSFCJUOFHB
QPEBMKØLBOBPTUBMFFMFNFOUFEJNOFHBTJTUFNB
QPTUPQBKUF OB TMFEFǁJ OBǁJO LPODFOUSJǁOP DFW
BMJ LPODFOUSJǁOP LPMFOP OBNFTUJUF EP LPODB [
OPUSBOKPTUSBOKPLJKFHMBELB
W[VOBOKPTUSBO
T PCSPCOJN UFTOJMPN
QPQSFK OBNFØǁFOFHB
FMFNFOUB4UFNCPTUFEPTFHMJLWBMJUFUFO[BUFTOKFO
TQPKQPTBNF[OJIEFMPWLPNQMFUB
0QP[PSJMP ƀF NPSBUF TLSBKØBUJ LPOǁFO J[QVØOJ
LPNBEJOBMJQPEBMKØFWBMOPLPODFOUSJǁOPDFWNPSB
OPUSBOKBDFWØUSMFUJWFEOP[BNNQSPUJ[VOBOKJN
DFWFN 5B TQFDJGJǁFO LPOǁFO LPNBE PNPHPǁB
PEWPE EJNB JO TFTBOKF [SBLB LJ KF QPUSFCFO [B
J[HPSFWBOKFWOBWQJǁOJTNFSJ
r ,
PODFOUSJLVT UPMEÓ DTǡFMFNFL ÊT LÕOZÕLÕL
DTBUMBLP[UBUÃTB &TFUMFHFT UPMEÓ FMFNFLOFL B
LÊNÊOZSFOET[FSIF[WBMÓDTBUMBLP[UBUÃTBFTFUÊO
BLÕWFULF[ǡLÊQQFOLFMMFMKÃSOJDTBUMBLP[UBTTVLB
LPODFOUSJLVTDTǡWBHZLÕOZÕLNFHGFMFMǡTJNB
WÊHÊU B NÃS GFMT[FSFMU VUPMTÓ FMFN UPLSÊT[ÊCF
UÕNÎUǡHZǯSǯ LÕ[CFJLUBUÃTÃWBM
ÛULÕ[ÊTJH *MZ
NÓEPOCJ[UPTÎUKVLB[FMFNFLNFHGFMFMǡJMMFT[LF
EÊTÊUÊTBSFOET[FSHÃ[UÕNÕSTÊHÊU
'JHZFMFN)BBLPODFOUSJLVTGÛTUDTǡWÊHFMFNFUÊT
WBHZBLPODFOUSJLVTUPMEÓFMFNFUSÕWJEÎUFOJT[ÛLTÊ
HFTêHZFMFNCFLFMMWFOOJIPHZBCFMTǡDTǡOFL
NNOZJSFLJLFMMÃMMOJBBLÛMTǡDTǡIÕ[LÊQFTU
5BTQFDJêǁFOLPOǁFOLPNBEPNPHPǁBPEWPEEJNB
JO TFTBOKF [SBLB LJ KF QPUSFCFO [B J[HPSFWBOKF W
OBWQJǁOJTNFSJ
&[BLÛMÕOMFHFTWÊHFMFNMFIFUǡWÊUFT[JBGÛTUFMWF
[FUÊTÊU ÊT B[ ÊHÊTIF[ T[ÛLTÊHFT MFWFHǡ CFT[ÎWÃTÃU
GÛHHǡMFHFTJSÃOZCBO
,PNQMFUWTFCVKF4MJLB
/ž 5FTOJMP
/ž ,PODFOUSJǁOB[VOBOKBQSJSPCOJDB
/ž 3FEVLDJKBTQSFNFSBOBQSFNFS
/ž 3P[FUB
/ž "MVNJOJKBTUJTUSFØOJL
/ž ,PODFOUSJǁOBDFW[BWTFTBWBOKFJOJ[QVI
QSFNFSB
/ž 1PMPWJǁOJEFM
/ž 1SFNJǁOJQPMPWJǁOJEFM
"LÊT[MFUUBSUBMNBÃCSB
/ž UÕNÎUÊT
/ž LPODFOUSJLVTJOEVMÓFMFN
/ž ‹‹NNFTEBQUFSDTǡ
/ž UBLBSÓSÓ[TB
/ž BMVNÎOJVNUFUǡÃUWF[FUǡ
/ž ‹NNFTLPODFOUSJLVT
ÊHÊTMFWFHǡmGÛTUHÃ[DTǡ
/ž SÕH[ÎUFUUGÊHÕNCIÊK
/ž DTÙT[ÓGÊMHÕNCIÊK
r ͊͹Ͱͯͳ͸Ͱ͸ͳͰͼ΁ͰͺͶͰ͸ͳͰͷ͸ͪͼͪͯ͹͵;ͯͶͳ͸ͳͽͰͶͰʹ
ͳ ͵͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵ͳ΀ ͵͹ͶͰ͸ ̽ͶΊ ͽ͹ͭ͹ ΂ͽ͹ͫΆ
;ͼͽͪ͸͹ͬͳͽ· ͷͰͽ͹ͯ͹ͷ ͼ΁ͰͺͶͰ͸ͳΊ ͸ͪͼͪͯ͵ͳ
;ͯͶͳ͸ͳͽͰͶͳ ͸ͪ ͯͻ;ͭͳͰ ΈͶͰͷͰ͸ͽΆ ͼͳͼͽͰͷΆ
ͯΆͷ͹΀͹ͯͪ͸Ͱ͹ͫ΀͹ͯͳͷ͹ͺͻ͹ͳͲͬͰͼͽͳͼͶͰͯ;Ή΄ͳͰ
͹ͺͰͻͪ΁ͳͳͺ͹ͯͼ͹ͰͯͰ͸ͳͽ·͵͹͸΁Ͱ͸ͳͽͻͳ΂Ͱͼ͵;Ή
ͽͻ;ͫ;ͳͶͳ͵͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵͹Ͱ͵͹ͶͰ͸͹ͭͶͪͯ͵͹ʹ
ͼͽ͹ͻ͹͸͹ʹiͺͪͺͪu
ͬͭ͹ͻͶ͹ͬͳ͸;iͷͪͷͪu
͸ͪ
ͺͻͰͯͬͪͻͳͽͰͶ·͸͹;ͼͽͪ͸͹ͬͶͰ͸͸ΆʹΈͶͰͷͰ͸ͽͯ͹
;ͺ͹ͻͪ ͺͻͳ Έͽ͹ͷ ͯ͹ͼͽͳͭͪͰͽͼΊ ͼ͹Ͱͯͳ͸Ͱ͸ͳͰ
ΈͶͰͷͰ͸ͽ͹ͬͬ΀͹ͯΊ΄ͳ΀ͬͼ͹ͼͽͪͬ͵͹ͷͺͶͰ͵ͽͪͳ
͸Ͱ͹ͫ΀͹ͯͳͷ͹Ͱ;ͺͶ͹ͽ͸Ͱ͸ͳͰ
̺͸ͳͷͪ͸ͳͰ ͵͹ͭͯͪ ͸Ͱ͹ͫ΀͹ͯͳͷ͹ ;͵͹ͻ͹ͽͳͽ·
ͬΆ΀Ͷ͹ͺ͸;Ή ͽͻ;ͫ; ͳͳͶͳ ͵͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵;Ή
͸ͪͼͪͯ͵;;ͯͶͳ͸ͳͽͰͶ·͸Ͱ͹ͫ΀͹ͯͳͷ͹ͳͷͰͽ·ͬͬͳͯ;
΂ͽ͹ͬ͸;ͽͻͰ͸͸ͳʹͯΆͷ͹΀͹ͯͯ͹ͶͱͰ͸ͬͼͰͭͯͪ͸ͪͷͷ
ͬΆͼͽ;ͺͪͽ·͹ͽ͸͹ͼͳͽͰͶ·͸͹ͬ͸Ͱ΃͸Ͱͭ͹
͖ͽ͹ͽ ͹ͼ͹ͫΆʹ ͬΆͬ͹ͯ ͺ͹Ͳͬ͹ͶΊͰͽ ͺͻ͹ͳͲͬ͹ͯͳͽ·
ͯΆͷ͹;ͯͪ ͶͰ͸ͳΊ ͳ ͬ ͼ ͪͼΆͬ ͪ ͸ͳͰ ͬ ͹Ͳͯ ; ΀ ͪ
͸Ͱ͹ͫ΀͹ͯͳͷ;Ή ͯͶΊ ͼͭ͹ͻͪ͸ͳΊ ͬ ͬͰͻͽͳ͵ͪͶ·͸͹ͷ
ͺ͹Ͷ͹ͱͰ͸ͳͳ
̓͹ͷͺͶͰ͵ͽͬ͵ͶΉ΂ͪͰͽͬͼͰͫΊ'JH
/ž ͊ͪͶ·͸ͳ͵
/ž ̓͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵ͳʹͿͶͪ͸Ͱ΁jͷͪͷͪv
/ž ̸ͯͪͺͽͰͻ‹ͯͶΊ‹
/ž ͑ͪʹͫ;
/ž ̸ͶΉͷͳ͸ͳͰͬ;Ή΂ͰͻͰͺͳ΁;
/ž ̓͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵;Ήͽͻ;ͫ;
ͬͼͪͼͯΆͷ͹;ͯͬͶͰ͸ͳΊ‹
/ž ͆Ͱͺ͹ͯͬͳͱ͸Άʹͺ͹Ͷ;΄ͳͽ
/ž ͈͹ͯͬͳͱ͸Άʹͺ͹Ͷ;΄ͳͽ
$
-0/(*56%.¦9*."
.",4:."-/"%Š6(0Ʀſ
."9*.¦-/±%­-,"
.",4*."-/"%0-Â*/"
."9*.¦-*4)044;¼4¦(
̸̸̸̸͕̓͊́̈́͆̽̈́́͆͘ͅͅ
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
Stránka 21 z 62
&4
1-
$;
*NQPSUBOUF FM LJU WFSUJDBM ‹ DPO UFKB EF
BMVNJOJPQVFEFTFSJOTUBMBEPFOUFSSB[BTZUFKBEPT
DVZBQFOEJFOUFOPTVQFSFFMž
ZMBBMUVSB
FOUSF FM TPNCSFSFUF EFM UFSNJOBM Z MB TFNJFTGFSB
IVFDBNN
TJFNQSFEFCFSFTQFUBSTF
/# QJPOPXZ [FTUBX ‹ [ BMVNJOJPXZN
EBT[LJFNQP[XBMBOBJOTUBMBDKNjOBUBSBTBDIJ
EBDIBDIPNBLTZNBMOZNTQBELVž
QS[Z
[BPǻFOJVǻFXZTPLPǧǀNJNjE[ZOBLBELƾLPǝDÓXLJJ
QӐQSPêMFNNN
CNjE[JF[BXT[F[BDIPXBOB
1P[OÃNLB7FSUJLÃMOÎTPVQSBWBPQSDzNLJSV
TIMJOÎLPWPVUBØLPVVNPßǞVKFJOTUBMBDJOBUFSBTÃDI
B TUǥFDIÃDI T NBYJNÃMOÎN TLMPOFN ž
B
WÝØLV NF[J LPODPWÝN QPLMPQFN B QDzMLVMPWÝN
EÎMFNNN
KFUǥFCBWßEZEPESßFU
&M LJU WFSUJDBM DPO FTUB DPOêHVSBDJÓO QVFEF TFS
QSPMPOHBEPIBTUBNNDPNPNÃYJNPFOMÎOFBSFDUB
WFSUJDBM
JODMVJEPFMUFSNJOBM'JH
&TUBDPO
êHVSBDJÓODPSSFTQPOEFBVOGBDUPSEFSFTJTUFODJB
JHVBMB&OFTUFDBTPFTOFDFTBSJPTPMJDJUBSMBT
FYUFOTJPOFTDPSSFTQPOEJFOUFTZBDPQMBSMBT
;FTUBX QJPOPXZ X UFK LPOGJHVSBDKJ NPǻOB
QS[FEVǻZǀEPNBLTZNBMOFHPSP[NJBSVNN
QSPTUPQBEMFQJPOPXPƾD[OJF[LPǝDÓXLƾ3ZT
,POêHVSBDKBUBLBQPTJBEBXTQӐD[ZOOJLPQPSV
SÓXOZ8UBLJDIQS[ZQBELBDIOBMFǻZ[BNÓXJǀ
TQFDKBMFQS[FEVǻBD[F
7FSUJLÃMOÎ TPVQSBWV W UÊUP LPOêHVSBDJ KF NPßOÊ
QSPEMPVßJU Bß OB NBYJNÃMOLJ NN MJOFÃSOLJ
WFSUJLÃMOLJ WǁFUOLJ LPODPWÊIP EÎMV 0CS 5BUPLPOêHVSBDFPEQPWÎEÃPEQPSPWÊNVGBLUPSVP
IPEOPULJ7UPNUPQǥÎQBELJKFOVUOÊTJPCKFEOBU
QǥÎTMVØOÊQSPEMVßPWBDÎTQPKLPWÊLVTZ
1BSBMBEFTDBSHBWFSUJDBMQVFEFUBNCJÊOVUJMJ[BSTF
FM UFSNJOBM ‹ FO DPNCJOBDJÓO DPO FM
DPMMBSÎO DPODÊOUSJDP DPE WFOEJEP B
QBSUF
-BBMUVSBFOUSFFMTPNCSFSFUFEFMUFSNJOBM
ZMBTFNJFTGFSBIVFDBNN
TJFNQSFEFCFTFS
SFTQFUBEB'JH
1S[ZTQVǧDJFQJPOPXZNNPǻOBTUPTPXBǀSÓXOJFǻ
LPǝDÓXLNj ‹ LUÓSB NPǻOB QPƾD[Zǀ [
LPOJFS[FN LPODFOUSZD[OZN P LPE[JF TQS[FEBXBOB PTPCOP
/BMFǻZ [BXT[F [BDIPXBǀ
XZTPLPǧǀ NJNjE[Z OBLBELƾ LPǝDÓXLJ B
QӐQSPêMFNNN
3ZT
1SPWFSUJLÃMOÎWÝWPEKFNPßOÊQPVßÎUUBLÊLPODPWÝ
LVTPQSDzNLJSVWLPNCJOBDJTLPODFOUSJDLPV
QǥÎSVCPVTLÓEPWÝNP[OBǁFOÎNQSPEÃWÃ
TF PEELJMFOLJ
7ÝØLV NF[J LPODPWÝN QPLMPQFN
B QDzMLVMPWÝN EÎMFN KF WßEZ UǥFCB EPESßFU
0CS
&M LJU WFSUJDBM DPO FTUB DPOêHVSBDJÓO QVFEF TFS
QSPMPOHBEPIBTUBNNDPNPNÃYJNPFOMÎOFB
SFDUBWFSUJDBM
JODMVJEPFMUFSNJOBM'JH
;FTUBX QJPOPXZ P UBLJFK LPOêHVSBDKJ NPǻF CZǀ
QS[FEVǻPOZ NBLTZNBMOJF EP NN X MJOJJ
QSPTUFK QJPOPXP XMJD[BKƾD LPǝDÓXLNj 3ZT 7FSUJLÃMOÎ TPVQSBWV W UÊUP LPOêHVSBDJ KF NPßOÊ
QSPEMPVßJU Bß OB NBYJNÃMOLJ NN MJOFÃSOLJ
WFSUJLÃMOLJWǁFUOLJLPODPWÊIPEÎMV0CS
,JUTFQBSBEPS‹&MLJUTFQBSBEPS‹
QFSNJUFTFQBSBSMPTDPOEVDUPTEFEFTDBSHBEFIV
NPTZEFBTQJSBDJÓOEFBJSFTFHÙOFMFTRVFNBEFMB
êHVSB'JH
-PTQSPEVDUPTEFMBDPNCVTUJÓO
TPOFYUSBÎEPTQPSFMDPOEVDUP"
&MBJSFRVFTF
OFDFTJUB QBSB MB DPNCVTUJÓO FT BTQJSBEP QPS FM
DPOEVDUP#
&MDPOEVDUPEFBTQJSBDJÓO#
QVFEF
TFSJOTUBMBEPUBOUPBMBEFSFDIBDPNPBMBJ[RVJFS
EBEFMDPOEVDUPDFOUSBMEFEFTDBSHB"
"NCPT
DPOEVDUPTQVFEFOTFSPSJFOUBEPTFOMBEJSFDDJÓO
RVFNÃTDPOWFOHB
r .POUBKFEFMLJUTFQBSBEPS‹$PMPDBSFM
DPMMBSÎO
FOFMPSJêDJPNÃTJOUFSOPEFMBDBMEF
SBTJUVBOEPFOUSFNFEJPMBKVOUB
ZBQSFUBOEP
MBVOJÓODPOMPTUPSOJMMPTEFDBCF[BIFYBHPOBM
Z QVOUB QMBOB EFM LJU JOUSPEVDJS IBTUB FM UPQF
FMEJTDPBOUJQVMTBDJPOFT
3FUJSBSFMDPMMBSÎO
QMBOPQSFTFOUFFOFMPSJêDJPNÃTFYUFSOPZTVTUJ
UVJSMPQPSFMDPMMBSÎO
TJUVBOEPFOUSFNFEJPMB
KVOUB
ZBQSFTFOUFFOMBDBMEFSBZBQSFUBOEPMB
VOJÓODPOMPTUPSOJMMPTBVUPSPTDBOUFTDPOQVOUB
FOUSFHBEPT.POUBSMPTDPEPT
BDPQMBOEPTV
MBEPNBDIPMJTP
DPOFMMBEPIFNCSBEFMPTDP
MMBSJOFTZ
.POUBSFMUFSNJOBMEFBTQJSBDJÓO
BDPQMBOEPTVMBEPNBDIPMJTP
DPOFMMBEP
IFNCSBEFMDPEP
BQSFUÃOEPMPIBTUBFMGPOEP
TJOPMWJEBSTFEFDPMPDBSQSFWJBNFOUFMBTBOJMMBT
JOUFSOBZFYUFSOB.POUBSFMUVCPEFEFTDBSHB
BDPQMBOEPTVMBEPNBDIPMJTP
DPOFMMBEP
IFNCSBEFMDPEP
BQSFUÃOEPMPIBTUBFMGPOEP
TJO PMWJEBSTF QSJNFSP EF JOUSPEVDJS MB BOJMMB
JOUFSOB EF FTUB GPSNB TF DPOTFHVJSÃ MB VOJÓO
FTUBODBEFMPTFMFNFOUPTEFMLJU
&MLJUJODMVZF'JH
+VOUBEFEFTDBSHB
+VOUBEFFTUBORVFJEBEDPMMBSÎO
$PMMBSÎOIFNCSBEFBTQJSBDJÓO
$PMMBSÎOIFNCSBEFEFTDBSHB
%JTDPBOUJQVMTBDJPOFT
$PEPTž‹
5FSNJOBMEFBTQJSBDJÓO‹
;FTUBXPEE[JFMBKƾDZ‹;FTUBXPEE[JFMBKƾDZ
‹ QP[XBMB OB PEE[JFMFOJF QS[FXPEÓX
PEQSPXBE[FOJBTQBMJOPEQS[FXPEÓX[BTZTBOJB
QPXJFUS[B [HPEOJF [ SZTVOLJFN 3ZT ; QS[FXPEV "
XZDIPE[ƾ QSPEVLUZ TQBMBOJB
1S[FXPEFN#
[BTZTBOFKFTUQPXJFUS[FQPUS[FCOF
EP TQBMBOJB 0CB QS[FXPEZ NPǻOB TLJFSPXBǀ X
EPXPMOZNLJFSVOLV
r .POUBǻ [FTUBXV PEE[JFMBKƾDFHP ‹ ;BJOTUBMPXBǀLPOJFS[
OBPUXPS[FXPUXPS[F
DFOUSBMOZNLPUBXSB[[VT[D[FMLƾ
JXPǻZǀ
ǧSVCZ [ [FTUBXV 8ZKƾǀ QBTLJ LPOJFS[ [
CPD[OFHP PUXPSV [HPEOJF [ QPUS[FCBNJ
J
[BTUƾQJǀHPLPOJFS[FN
XSB[[VT[D[FMLƾ
KVǻ[BJOTUBMPXBOƾXLPUMFBOBTUNjQOJFXPǻZǀ
ǧSVCZ [ [FTUBXV 1PƾD[Zǀ LT[UBULNj TUSPOƾ
NNjTLƾHBELƾ
FTUSPOƾǻFǝTLƾLPOJFS[B
J
1PEƾD[ZǀLPǝDÓXLNj[BTZTBOJB
TUSPOƾ
NNjTLƾ HBELƾ
[F TUSPOƾ ǻFǝTLƾ LT[UBULJ EPDJTOƾǀJVQFXOJǀTJNjǻFXPǻPOPPEQPXJFEOJF
XFXONjUS[OF J [FXONjUS[OF TJUB 1PEƾD[Zǀ SVSNj
TQVTUPXƾ TUSPOƾ NNjTLƾ HBELƾ
[F TUSPOƾ
ǻFǝTLƾLT[UBULJ
EPDJTOƾǀJVQFXOJǀTJNjǻF
XPǻPOPPEQPXJFEOJƾSP[FUNjXFXONjUS[Oƾ%[JNjLJ
UFNV [BQFXOJB TJNj T[D[FMOPǧǀ J QSBXJEPXF
QPEƾD[FOJFFMFNFOUÓXTLBEPXZDI[FTUBXV
;FTUBXPCFKNVKF'JH
/ž 6T[D[FMLBTQVTUPXB
/ž ,POJFS[[BTZTBOJB[FXONjUS[OZ
/ž ,POJFS[TQVTUPXZ[FXONjUS[OZ
/ž ,POJFS[TQVTUPXZ
/ž #MBT[LNj
/ž ,PMBOLP‹
/ž 5,PǝDÓXLB[BTZTBOJB‹
/ž 3P[FUZXFXOCJBF
/ž 3P[FUZ[FXOT[BSF
/ž 3VSBTQVTUPXB‹
r .POUÃß ELJMJDÎ TPVQSBWZ ‹ *OTUBMVKUF
QǥÎSVCV
OBOFKWOJUǥOLJKØÎPUWPSLPUMFQǥJǁFNß
NF[JOLJWMPßUFULJTOLJOÎ
BVUÃIOLJUFKJQPNPDÎ
ØSPVCDzTØFTUJISBOOPVIMBWPVBQMPDIPVØQJǁLPV
LUFSÊ KTPV TPVǁÃTUÎ TPVQSBWZ EPWOJUǥ [BTVǞUF
Bß OB EPSB[ BOUJQVM[BǁOÎ QMÎØFL 4FKNLJUF
QMPDIPV QǥÎSVCV LUFSÃ TF OBDIÃ[Î W LSBKOÎN
PUWPSV B OBISBDŽUF KJ QǥÎSVCPV QPVßJKUF
ULJTOLJOÎ KJß VNÎTULJOÊ W LPUMJ B VUÃIOLJUF
QǥJMPßFOÝNJ TBNPǥF[OÝNJ ØQJǁBUÝNJ ØSPVCZ
;BTVǞUFLPMFOB
WOJUǥOÎTUSBOPVIMBELPV
EP
TWSDIOÎWOLJKØÎTUSBOZQǥÎSVCZB
;BTVǞUFOB
EPSB[OBTÃWBDÎEÎM
WOJUǥOÎǁÃTUÎIMBELPV
EP
WOLJKØÎTUSBOZLPMFOB
QǥFEǁÎNßOF[BQPNFǞUF
WMPßJUWOJUǥOÎBWOLJKØÎSDzßJDF7ÝGVLPWPVSPVSV
[BTVǞUF Bß OB EPSB[ WOJUǥOÎ TUSBOPV
IMBELPV
EP WOLJKØÎ TUSBOZ /F[BQPNFǞUF
QǥFEUÎNWMPßJUPEQPWÎEBKÎDÎWOJUǥOÎSDzßJDJ5ÎNUP
[QDzTPCFNEPTÃIOFUFEPLPOBMFULJTOÊIPTQPKFOÎ
KFE”OPUMJWÝDIǁÃTUÎTPVQSBWZ
4PVQSBWBPCTBIVKF0CS
/ž 7ÝGVLPWÊULJTOLJOÎ
/ž 5LJTOLJOÎQǥÎSVCZ
/ž /BTÃWBDÎWOLJKØÎQǥÎSVCB
/ž 7ÝGVLPWÃWOLJKØÎQǥÎSVCB
/ž "OUJQVM[BǁOÎQMÎØFL
/ž ,PMFOBžPQSDzNLJSV
/ž ,PODPWÝOBTÃWBDÎEÎMPQSDzNLJSV
/ž #ÎMÊWOJUǥOÎSDzßJDF
/ž »FEÃWOLJKØÎSDzßJDF
/ž 7ÝGVLPWÃSPVSBPQSDzNLJSV
$
'JH
"
%LJMJDÎTPVQSBWB‹%LJMJDÎTPVQSBWB‹
VNPßǞVKF PEELJMJU WFEFOÎ L OBTÃWÃOÎ W[EVDIV B
WFEFOÎ L PEWPEV TQBMJO [QDzTPCFN VWFEFOÝN OB
PCSÃ[LV 0CS ; QPUSVCÎ "
TF PEWÃELJKÎ
TQBMJOZ;QPUSVCÎ#
TFOBTÃWÃW[EVDIQPUǥFCOÝLF
TQBMPWÃOÎ/BTÃWBDÎQPUSVCÎ#
TFNDzßFW[IMFEFN
LÙTUǥFEOÎNVPEWPEVTQBMJO0CLJQPUSVCÎNPIPV
CÝUPSJFOUPWÃOBKBLÝNLPMJTNLJSFN
#
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
Stránka 22 z 62
&4
"OJMMBTJOUFSOBTCMBODBT
"OJMMBFYUFSOBHSJT
5VCPEFEFTDBSHB‹
r "DPQMBNJFOUPFOUSFFYUFOTJPOFTEFUVCPTZDPEPT
1BSBNPOUBSQPTJCMFTFYUFOTJPOFTBDPQMÃOEPMBTB
PUSPTFMFNFOUPTEFUPNBEFBJSFFWBDVBDJÓOEF
IVNPTFTOFDFTBSJPIBDFSMPTJHVJFOUFNPOUBS
FMUVCPPFMDPEPBDPQMBOEPTVMBEPNBDIPMJTP
DPO FM MBEP IFNCSB DPO KVOUBT EF MBCJP
EFM
FMFNFOUP QSFWJBNFOUF JOTUBMBEP BQSFUÃOEPMP
IBTUB FM GPOEP EF FTUB GPSNB TF DPOTFHVJSÃ MB
VOJÓOFTUBODBEFUPEPTMPTFMFNFOUPT
1-
$;
r 1PEƾD[FOJFEP[ƾD[FLSVSQS[FEVǻBKƾDZDIJ
LPMBOFL"CZQPEƾD[ZǀFXFOUVBMOFQS[FEVǻBD[F
EP [ƾD[LJ [ JOOZNJ FMFNFOUBNJ JOTUBMBDKJ
LPNJOPXFK OBMFǻZ XZLPOBǀ DP OBTUNjQVKF
[ƾD[Zǀ SVSNj LPODFOUSZD[Oƾ MVC LPMBOLP
LPODFOUSZD[OFTUSPOƾNNjTLƾHBELƾ
[FTUSPOƾ
ǻFǝTLƾ [ VT[D[FMLƾ
FMFNFOUV VQS[FEOJP
[BJOTUBMPXBOFHP J EPDJǧOJNjUFHP EP LPǝDB
8 UFO TQPTÓC NPǻOB [BQFXOJǀ T[D[FMOPǧǀ J
QPQSBXOPǧǀQPƾD[FOJBFMFNFOUÓX
r 1ǥJQPKFOÎQSPEMVßPWBDÎIPQPUSVCÎBLPMFOQPNPDÎ
TQPKFL 1ǥJ JOTUBMBDJ QǥÎQBEOÊIP QSPEMPVßFOÎ
QPNPDÎTQPKFLLEBMØÎNQSWLDzNLPVǥPWÊIPTZT
UÊNVKFUǥFCBQPTUVQPWBUOÃTMFEPWOLJ7ÝGVLPWPV
USVCLVOFCPLPMFOP[BTVǞUFBßOBEPSB[WOJUǥOÎ
TUSBOPVIMBELPV
EPWOLJKØÎTUSBOZTPLSBKPWÝN
ULJTOLJOÎN
EǥÎWF JOTUBMPWBOÊIP QSWLV 5ÎNUP
[QDzTPCFNEPTÃIOFUFEPLPOBMFULJTOÊIPTQPKFOÎ
KFE”OPUMJWÝDIQSWLDz
r /BSZTVOLV3ZT
KFTUQPEBOBLPOêHVSBDKB
[ QJPOPXZN TQVTUFN TQBMJO J QP[JPNZN
EPQSPXBE[BOJFNQPXJFUS[B
r /B PCSÃ[LV 0CS KF VWFEFOB LPOêHV
SBDF T WFSUJLÃMOÎN WÝGVLFN B IPSJ[POUÃMOÎN
OBTÃWÃOÎN
$
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
Stránka 23 z 62
&4
1-
$;
r &O MB êHVSB 'JH TF SFQSFTFOUB MB DPO
êHVSBDJÓO DPO EFTDBSHB WFSUJDBM Z BTQJSBDJÓO
IPSJ[POUBM
r .JFKTDF QPUS[FCOF EP JOTUBMBDKJ /B SZTVOLV
3ZT QPLB[BOP NJOJNBMOF XZNJBSZ
NPOUBǻPXF [FTUBXV LPǝDÓXFL PEE[JFMBKƾDZDI
‹XXBSVOLBDIHSBOJD[OZDI
r *OTUBMBǁOÎ PCWPEPWÊ SP[NLJSZ /B PCSÃ[LV
0CS
KTPVVWFEFOZNJOJNÃMOÎPCWPEPWÊ
SP[NLJSZJOTUBMBDFLPODPWÊTPVQSBWZSP[ELJMPWBǁF
PQSDzNLJSVWNF[OÎDIQPENÎOLÃDI
r 1S[FEVǻBD[F [FTUBXV PEE[JFMBKƾDFHP ‹
.BLTZNBMOBEVHPǧǀQSPTUPQBEMFCF[
LT[UBULJ
QJPOPXPEMBSVS[BTZTBKƾDZDIPSB[
TQVTUPXZDI ‹ XZOPTJ N QS[Z D[ZN EPUZD[Z [BTZTBOJB B N TQVTUV %VHPǧǀ
DBLPXJUB PEQPXJBEB XTQӐD[ZOOJLPXJ PQPSV
SÓXOFNV $BLPXJUB EVHPǧǀ VǻZULPXB
PUS[ZNBOBQPEPEBOJVEVHPǧDJSVS[BTZTBKƾDZDI
JTQVTUPXZDI‹NPǻFNBLTZNBMOJFPTJƾHOƾǀ
XBSUPǧDJ QPEBOF X QPOJǻT[FK UBCFMJ 8
QS[ZQBELV LPOJFD[OPǧDJ VǻZDJB BLDFTPSJÓX
MVC LPNQPOFOUÓX NJFT[BOZDI OQ QS[FKǧDJB [
TFQBSBUPSB ‹ EP SVSZ LPODFOUSZD[OFK
NBLTZNBMOF QS[FEVǻFOJF NPǻOB PCMJD[Zǀ
TUPTVKƾD XTQӐD[ZOOJL PQPSV EMB LBǻEFHP
LPNQPOFOUV MVC EVHPǧǀ FLXJXBMFOUOƾ 4VNB
XTQӐD[ZOOJLÓX PQPSV OJF NPǻF QS[FLSBD[Bǀ
XBSUPǧDJ
r 1SPEMVßPWBDÎ LVTZ QSP ELJMJDÎ TPVQSBWV P
QSDzNLJSV .BYJNÃMOÎ SPWOÃ EÊMLB CF[
[ÃIZCDz
WFSUJLÃMOLJ QPVßJUFMOÃ QSP OBTÃWBDÎ B
WÝGVLPWÊSPVSZPQSDzNLJSVKFNFUSDzLEF
KFQSPOBTÃWÃOÎBQSPWÝGVL5BUPDFMLPWÃ
EÊMLBPEQPWÎEÃPEQPSPWÊNVGBLUPSVPIPEOPULJ
$FMLPWÃ VßJUFǁOÃ EÊMLB [ÎTLBOÃ TPVǁUFN
OBTÃWBDÎDI B WÝGVLPWÝDI USVC P QSDzNLJSV
NDzßF EPTÃIOPVU NBYJNÃMOÎDI IPEOPU
VWFEFOÝDI W OÃTMFEVKÎDÎ UBCVMDF 7 QǥÎQBELJ
OVUOPTUJQPVßJUÎEPQMǞLDzOFCPTNÎØFOÝDIEÎMDz
OBQǥÎLMBE QǥFDIPE [ SP[ELJMPWBǁF P QSDzNLJSV
OB LPODFOUSJDLPV USPVCV
KF NPßOÊ
WZQPǁÎUBUNBYJNÃMOÎNPßOÊQSPEMPVßFOÎQPNPDÎ
PEQPSPWÊIP GBLUPSV QSP LBßEÝ LPNQPOFOU
OFCP KFIP FLWJWBMFOUOÎ EÊMLV 4PVǁFU ULJDIUP
PEQPSPWÝDI GBLUPSDz OFTNÎ QǥFLSPǁJU IPEOPUV
r 4QBEFL UFNQFSBUVSZ X LBOBBDI TQBMJO 3ZT
"CZ VOJLOƾǀ QSPCMFNÓX [XJƾ[BOZDI [
LPOEFOTBDKƾTQBMJOXQS[FXPE[JFTQVTUPXZN‹
TQPXPEPXBOZDIPDIPE[FOJFNQS[F[ǧDJBOLJ
LPOJFD[OF KFTU PHSBOJD[Zǀ EVHPǧǀ QS[FXPEV
TQVTUPXFHPEPNFUSÓX8SB[JFLPOJFD[OPǧDJ
[BTUPTPXBOJBEVǻT[ZDIQS[FXPEÓXLPOJFD[OF
KFTUVǻZDJFJ[PMPXBOZDISVS‹QBUS[SP[E[JB
[FTUBXPEE[JFMBKƾDZ‹[J[PMBDKƾ
r ;USÃUBUFQMPUZWLPVǥPWÊNQPUSVCÎ0CS
"CZTUF TF WZIOVMJ QSPCMÊNDzN T LPOEFO[BDÎ
TQBMJO WF WÝGVLPWÊN QPUSVCÎ P QSDzNLJSV [QDzTPCFOÝDI KFKJDI PDIMB[FOÎN QǥFT TULJOV KF
OVUOÊPNF[JUEÊMLVCLJßOÊIPWÝGVLPWÊIPQPUSVCÎ
P QSDzNLJSV OB QPVIÝDI NFUSDz +FMJ QPUǥFCB
QǥFLPOBU WLJUØÎ W[EÃMFOPTUJ KF OVUOÊ QPVßÎU
J[PMPWBOÊ QPUSVCÎ P QSDzNLJSV WJ[ LBQJUPMB
J[PMPWBOÃELJMJDÎTPVQSBWBPQSDzNLJSV
r %JNFOTJPOFTUPUBMFTEFJOTUBMBDJÓO&OMBêHVSB
'JH
TFIBOSFQSFTFOUBEPMBTEJNFOTJPOFT
NÎOJNBTEFJOTUBMBDJÓOEFMLJUUFSNJOBMTFQBSB
EPS‹FODPOEJDJPOFTMÎNJUF
r &YUFOTJPOFTQBSBLJUTFQBSBEPS‹-BNÃYJ
NBMPOHJUVESFDUJMÎOFBTJODPEPT
ZFOWFSUJDBM
RVFTFQVFEFBEPQUBSQBSBUVCPTEFBTQJSBDJÓOZ
EFTDBSHB‹FTEFNFUSPTFOBTQJSBDJÓO
ZFOEFTDBSHB&TUBMPOHJUVEUPUBMDPSSFTQPOEF
BVOGBDUPSEFSFTJTUFODJBJHVBMB-BMPOHJUVE
UPUBM RVF QVFEF BEPQUBSTF PCUFOJEB TVNBOEP
MBTMPOHJUVEFTEFMPTUVCPT‹EFBTQJSBDJÓO
Z EFTDBSHB QVFEF DPNP NÃYJNP BMDBO[BS MPT
WBMPSFT DPOUFOJEPT FO MB UBCMB TJHVJFOUF 4J TF
EFCFO VTBS BDDFTPSJPT P DPNQPOFOUFT NJYUPT
QPSFKFNQMPQBSBQBTBSEFMTFQBSBEPS‹
B VO UVCP DPODÊOUSJDP
TF QVFEF DBMDVMBS MB
NÃYJNBMPOHJUVEBENJTJCMFVUJMJ[BOEPVOGBDUPS
EFSFTJTUFODJBQBSBDBEBDPNQPOFOUFPCJFOTV
MPOHJUVEFRVJWBMFOUF-BTVNBEFFTUPTGBDUPSFT
EFSFTJTUFODJBOPEFCFTFSNBZPSEF
r 1ÊSEJEB EF UFNQFSBUVSB FO MPT DPOEVDUPT EF
IVNPT 'JH 1BSB FWJUBS QSPCMFNBT EF
DPOEFOTBDJÓO EF IVNPT FO FM DPOEVDUP EF
EFTDBSHB‹EFCJEPTBFOGSJBNJFOUPBUSBWÊT
EFMBTQBSFEFTFTOFDFTBSJPMJNJUBSMBMPOHJUVE
EFMDPOEVDUPEFEFTDBSHBBNFUSPT4JTFEFCFO
DVCSJSEJTUBODJBTTVQFSJPSFTFTOFDFTBSJPVUJMJ[BS
UVCPT‹DPOBJTMBNJFOUPWFSDBQÎUVMPEFMLJU
TFQBSBEPS‹DPOBJTMBNJFOUP
$
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
$
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
Stránka 24 z 62
4*
)6
36
r %JNFO[JKF[BOBNFTUJUFW/BTMJLJ4MJLB
TP
OBQJTBOF NJOJNBMOF EJNFO[JKF [B OBNFTUJUFW
LPOǁOFHB LPNQMFUB SB[EFMJMOJLB T QSFNFSPN
WNFKOJIQPHPKJI
r )FMZT[ÛLTÊHMFU "[ ÃCSÃO ÃCSB
B ‹
NNFT T[ÊUWÃMBT[UPUU T[FSFMÊTJ LÊT[MFU GFMT
[FSFMÊTÊIF[ T[ÛLTÊHFT NJOJNÃMJT IFMZJHÊOZSF
WPOBULP[ÓNÊSFUFLMÃUIBUÓL
r ̻ͪͫͪͻͳͽΆ ;ͼͽͪ͸͹ͬ͵ͳ ͆ͪ ͻͳͼ;͸͵Ͱ ́ͶͶ
;͵ͪͲͪ͸͸Ά ͷͳ͸ͳͷͪͶ·͸ΆͰ ͻͪͲͷͰͻΆ
ͯͶΊ ͼͰͺͪͻͪͽ͹ͻͪ‹ ͬ ͹ͭͻͪ͸ͳ΂Ͱ͸͸Ά΀
;ͼͶ͹ͬͳΊ΀
r 1PEBMKØFWBMOJLPNBEJ[BEFMJMOJLPNQMFUQSFNFSB
.BLTJNBMOB SBWOB EPMßJOB CSF[ VQPHJ
CPW
OBWQJǁOPVQPSBCOB[BTFTBMOFJOJ[QVØOF
DFWJQSFNFSBKFNFUSPWLKFSQPNFOJ
[B WTFTBWBOKF JO [B J[QVØOP DFW 5B DFMPUOB
EPMßJOBVTUSF[BVQPSPWOFNVGBLUPSKVWSFEOPTUJ
$FMPUOBVQPSBCOBEPMßJOBJ[SBǁVOBOBLPU
WTPUBTFTBMOJIJOJ[QVØOJIDFWJQSFNFSBMBILP
EPTFßFOBKWFǁKFWSFEOPTUJPQJTBOFWTMFEFǁJUBCF
MJ7QSJNFSVEBTFVQPSBCJKPEPEBULJBMJNFØBOJ
EFMJOQSSFEVLDJKBJ[SB[EFMJMOJLBTQSFNFSPN
OBLPODFOUSJǁOPDFW
MBILPJ[SBǁVOBNP
OBKWFǁKJNPßFOQPEBMKØFL[VQPSPWOJNGBLUPS
KFN[BWTBLPLPNQPOFOUPBMJOKFHPWPVTUSF[OP
EPMßJOP7TPUBUFIVQPSPWOJIGBLUPSKFWOFTNF
QSFTFǁJWSFEOPTUJ
r 5PMEÓ FMFNFL B ‹ NNFT T[ÊUWÃMBT[UPUU
T[FSFMÊTJ LÊT[MFUIF[ " GÛHHǡMFHFT NBYJNÃMJT
IPTT[ LÕOZÕLJEPNPL OÊMLÛM
‹ NNFT
ÊHÊTMFWFHǡGÛTUFMWF[FUǡDTÕWFLOÊMNNFMZCǡM
N B[ ÊHÊTMFWFHǡ ÊT N B GÛTUFMWF[FUǡ DTǡ
&[ B UFMKFT IPTT[ BT ÃSBNMÃTJ FMMFOÃMMÃTJ
UÊOZF[ǡOFL GFMFM NFH " UFMKFT GFMIBT[OÃMIBUÓ
IPTT[NFMZFUÙHZLBQNFHIPHZÕTT[FBEKBB‹
NNFTÊHÊTMFWFHǡGÛTUFMWF[FUǡDTÕWFLIPTT[ÃU
NBYJNVN B UÃCMÃ[BUCBO GFMUÛOUFUFUU ÊSUÊLFLFU
ÊSIFUJFM"NFOOZJCFOLJFHÊT[ÎUǡLFUWBHZWFHZFT
FMFNFLFULFMMIBT[OÃMOJQÊMEÃVMB‹NNFT
T[ÊUWÃMBT[UÓSÓMFHZ‹NNFTLPODFOUSJLVT
DTǡSF ÃUUÊSOJ
B NBYJNÃMJT IPTT[BU ÙHZ MFIFU
LJT[ÃNPMOJ IPHZ WFT[J NJOEFO FHZFT FMFN
ÃSBNMÃTJ FMMFOÃMMÃTJ UÊOZF[ǡKÊU WBHZ QFEJH B[
FHÊT[ FLWJWBMFOT IPTT[ÙTÃHÃU &[FO FMMFOÃMMÃTJ
UÊOZF[ǡLÕTT[FHFOFNIBMBEIBUKBNFHBBU
r ͆ͪͼͪͯ͵ͳ;ͯͶͰ͸ͳͽͰͶͳͯͶΊ͵͹ͷͺͶͰ͵ͽͪͼͰͺͪͻͪͽ͹ͻͪ
‹ ͪͅ͵ͼͳͷͪͶ·͸ͪΊ ͺͻΊͷ͹Ͷͳ͸Ͱʹ͸ͪΊ
ͺͻ͹ͽΊͱ΋͸͸͹ͼͽ·ͫͰͲͳͲͭͳͫ͹ͬ
ͬͬͰͻͽͳ͵ͪͶ·͸͹ͷ
͸ͪͺͻͪͬͶͰ͸ͳͳ͵͹ͽ͹ͻͪΊͳͼͺ͹Ͷ·Ͳ;ͰͽͼΊͯͶΊͽͻ;ͫ
ͯΆͷ͹΀͹ͯͪͳͬΆͽΊͱ͵ͳͺͻͳ‹ͻͪͬ͸ΊͰͽͼΊ
ͷͰͽͻ;ͳͲ͵͹ͽ͹ͻΆ΀ͷͼ͹ͼͽͪͬͶΊͰͽͬͼͪͼΆͬͪ͸ͳͰ
ͳͷͯΆͷ͹;ͯͪͶͰ͸ͳͰͺͻ͹ͯ;͵ͽ͹ͬͼͭ͹ͻͪ͸ͳΊ͖ͽͪ
ͯͶͳ͸ͪͼ͹͹ͽͬͰͽͼͽͬ;ͰͽͿͪ͵ͽ͹ͻ;ͼ͹ͺͻ͹ͽͳͬͶͰ͸ͳΊ
ͻͪͬ͸͹ͷ; ͈͹Ͷ͸ͪΊ ͳͼͺ͹Ͷ·Ͳ;ͰͷͪΊ ͯͶͳ͸ͪ
ͺ͹Ͷ;΂ͪͰͷͪΊ ͺͻͳ ͼͶ͹ͱͰ͸ͳͳ ͯͶͳ͸ ͽͻ;ͫ ‹
ͬͼͪͼΆͬͪ͸ͳΊ ͳ ͯΆͷ͹;ͯͪͶͰ͸ͳΊ ͷ͹ͱͰͽ
ͯ͹ ͼ ͽͳͭ͸ ; ͽ· ͷͪ͵ͼͳͷͪ Ͷ·͸Ά΀ ͬ ͰͶͳ΂ͳ͸
ͺͻͳͬͰͯ΋͸͸ͬ΀ ͬ ͸ͳͱͰ;͵ͪͲͪ͸͸͹ʹ ͽͪͫͶͳ΁Ͱ ̺
ͽ͹ͷ ͼͶ;΂ͪͰ ͵͹ͭͯͪ ͸Ͱ͹ͫ΀͹ͯͳͷ͹ ͳͼͺ͹·Ͳ͹ͬͪͽ·
ͪͻͷͪͽ;ͻ; ͳͶͳ ͻͪͲͶͳ΂͸ΆͰ ͵͹ͷͺ͹͸Ͱ͸ͽΆ
͸ͪͺͻͳͷͰͻ ͺͻͳ ͺͰͻͰ΀͹ͯͰ ͹ͽ ͼͰͺͪͻͪͽ͹ͻͪ ‹
͸ͪ ͵͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵;ͫ ͽͻ;ͫ;
ͷ͹ͱ͸͹
ͻͪͼ΂ͳͽͪͽ· ͷͪ͵ͼͳͷͪ Ͷ·͸͹ ͯ͹Ͳͬ͹ͶͰ͸͸͹Ͱ
;ͯͶͳ͸Ͱ͸ͳͰͳͼͺ͹Ͷ·Ͳ;ΊͿͪ͵ͽ͹ͻͼ͹ͺͻ͹ͽͳͬͶͰ͸ͳΊ
͵ͪͱͯ͹ͭ͹ ΈͶͰͷͰ͸ͽͪ Έ͵ͬͳͬͪͶͰ͸ͽ͸;Ή ͯͶͳ͸;
͊;ͷͷͪ Έͽͳ΀ Ϳͪ͵ͽ͹ͻ͹ͬ ͼ͹ͺͻ͹ͽͳͬͶͰ͸ͳΊ ͸Ͱ
ͯ͹Ͷͱ͸ͪͺͻͰͬΆ΃ͪͽ·Ͳ͸ͪ΂Ͱ͸ͳΊ
r *[HVCBUFNQFSBUVSFWEJNOJIDFWFI4MJLB
%B QSFQSFǁJUF OBTUBOFL LPOEFO[B QSPEVLUPW
J[HPSFWBOKB W J[QVØOJI DFWFI QSFNFSB LJ
OBTUBKBKP [BSBEJ IMBKFOKB TLP[J TUFOP PNFKJUF
EPMßJOP PCJǁBKOJI J[QVØOJI DFWJ T QSFNFSPN OB
TBNPNFUSPW1SJWFǁKJISB[EBMKBIVQPSBCJNP
J[PMJSBOFDFWJQSFNFSBHMFKQPHMBWKFvJ[PMJSBO
EFMJMOJLPNQMFUQSFNFSB
r )ǡNÊSTÊLMFU WFT[UFTÊH B GÛTUFMWF[FUǡ DTBUPS
OÃLCBOÃCSB
"‹GÛTUDTǡCFOIBMBEÓ
GÛTUHÃ[CÓM B DTǡ GBMÃO B MFIǯMÊT LÕWFULF[UÊCFO
LPOEFO[ÃUVN DTBQÓEIBU LJ BNJ QSPCMÊNÃU
PLP[IBU&OOFLFMLFSÛMÊTÊSFB[FMWF[FUǡDTǡIPT
T[ÃUNCFOLFMMLPSMÃUP[OJ"NFOOZJCFOFOOÊM
OBHZPCCUÃWPMTÃHPLBULFMMMFGFEOJT[JHFUFMU‹
NNFTDTÕWFLFULFMMIBT[OÃMOJMÃTEBT[JHFUFMU
‹NNFTT[ÊUWÃMBT[UÓLÊT[MFUGFKF[FUFU
r ͈͹ͽͰͻΊ ͽͰͷͺͰͻͪͽ;ͻΆ ͬ ͯΆͷ͹ͬ͹ͷ ͵ͪ͸ͪͶͰ
́ͶͶ ̺͹ ͳͲͫͰͱͪ͸ͳΊ ͺͻ͹ͫͶͰͷΆ
͵͹͸ͯͰ͸ͼͳͻ͹ͬͪ͸ͳΊ ͯΆͷ͹ͬ ͬ ͯΆͷ͹΀͹ͯͰ ‹ ͬΆͲͬͪ͸͸͹Ͱ ͳ΀ ͹΀ͶͪͱͯͰ͸ͳͰͷ ΂ͰͻͰͲ ͼͽͰ͸͵ͳ
ͽͻ;ͫΆ ͸Ͱ͹ͫ΀͹ͯͳͷ͹ ͹ͭͻͪ͸ͳ΂ͳͽ· ͯͶͳ͸;
ͯΆͷ͹΀͹ͯͪ ͯ͹ ͷͰͽͻ͹ͬ ̾ͼͶͳ ͸Ͱ͹ͫ΀͹ͯͳͷ͹
ͺ͹͵ͻΆͽ· ͻͪͼͽ͹Ί͸ͳͰ ͺͻͰͬΆ΃ͪΉ΄ͰͰ Έͽ͹
Ͳ͸ͪ΂Ͱ͸ͳͰ ͸Ͱ͹ ͫ΀͹ͯͳͷ͹ ͳͼͺ͹Ͷ·Ͳ ͹ͬ ͪͽ·
ͳͲ͹Ͷͳͻ͹ͬͪ͸͸ΆͰ ͽͻ;ͫΆ ‹ ͼͷ͹ͽͻͳ ͭͶͪͬ;
iͳͲ͹Ͷͳͻ͹ͬͪ͸͸Άʹ ͵͹ͷͺͶͰ͵ͽ ͼͰͺͪͻͪͽ͹ͻͪ ‹
u
-POHJUVEFTNÃYJNBTBENJTJCMFTJODMVJEPFMUFSNJOBMEFBTQJSBDJÓODPOSFKJMMBZMPTEPTDPEPTEFž
.BYEVHPǧDJVǻZULPXFXUZNLPǝDÓXLJ[BTZTBOJB[LSBULƾJEXJFLT[UBULJž
.BYJNÃMOÎQPVßJUFMOÊEÊMLZWǁFUOLJOBTÃWBDÎIPSPØUPWÊIPLPODPWÊIPLVTVBEWPVžLPMFO
/BKWFǁKFVQPSBCOFEPMßJOFWLMKVǁOP[SFØFULBTUJNTFTBMOJNLPOǁOJNLPNBEPNJOEWFIžLPMFO
.BYGFMIBT[OÃMIBUÓIPTT[SÃDTPTÊHÊTMFWFHǡWÊHFMFNNFMÊTBLÊUžPTLÕOZÕLJEPNNBM
ͪͅ͵ͼͳͼͺ͹Ͷ·Ͳ;ͰͷΆͰͻͪͲͷͰͻΆͬ͵ͶΉ΂ͪΊͻͰ΃΋ͽ΂ͪͽΆʹͬΆ΀͹ͯͬͼͪͼΆͬͪ͸ͳΊͳͯͬͪͳͲͭͳͫͪž
&4
1-
$;
4*
)6
36
$0/%6$504*/
"*4-".*&/50
13;&8¶%#&;
*;0-"$+*
/&*;0-07"/­
10536#±
/&*;0-*3"/&$&7*
/&.4;*(&5&-5
$4Ơ
̸͇͉͇̺͔͆̾́̀̈́́͆͆͂
̸̸̓͆̈́
%FTDBSHBN
"TQJSBDJÓON
8ZMPUN
;BTZTBOJFN
7ÝGVLN
/BTÃWÃOÎN
*[QVØOBDFWN
7TFTBWBOKFN
'ÛTUFMWF[FUǡN
­HÊTMFWFHǡN
̽Άͷ͹;ͯͪͶͰ͸ͳͰͷ
̺ͼͪͼΆͬͪ͸ͳͰͷ
%FTDBSHBN
"TQJSBDJÓON
8ZMPUN
;BTZTBOJFN
7ÝGVLN
/BTÃWÃOÎN
*[QVØOBDFWN
7TFTBWBOKFN
'ÛTUFMWF[FUǡN
­HÊTMFWFHǡN
̽Άͷ͹;ͯͪͶͰ͸ͳͰͷ
̺ͼͪͼΆͬͪ͸ͳͰͷ
%FTDBSHBN
"TQJSBDJÓON
8ZMPUN
;BTZTBOJFN
7ÝGVLN
/BTÃWÃOÎN
*[QVØOBDFWN
7TFTBWBOKFN
'ÛTUFMWF[FUǡN
­HÊTMFWFHǡN
̽Άͷ͹;ͯͪͶͰ͸ͳͰͷ
̺ͼͪͼΆͬͪ͸ͳͰͷ
%FTDBSHBN
"TQJSBDJÓON
8ZMPUN
;BTZTBOJFN
7ÝGVLN
/BTÃWÃOÎN
*[QVØOBDFWN
7TFTBWBOKFN
'ÛTUFMWF[FUǡN
­HÊTMFWFHǡN
̽Άͷ͹;ͯͪͶͰ͸ͳͰͷ
̺ͼͪͼΆͬͪ͸ͳͰͷ
%FTDBSHBN
"TQJSBDJÓON
8ZMPUN
;BTZTBOJFN
7ÝGVLN
/BTÃWÃOÎN
*[QVØOBDFWN
7TFTBWBOKFN
'ÛTUFMWF[FUǡN
­HÊTMFWFHǡN
̽Άͷ͹;ͯͪͶͰ͸ͳͰͷ
̺ͼͪͼΆͬͪ͸ͳͰͷ
$0/%6$50$0/
"*4-".*&/50
13;&8¶%;
*;0-"$+Ž
*;0-07"/­10
536#±
*;0-*3"/&$&7*
4;*(&5&-5$4Ơ
̸͇͉͇̺͔́̀̈́́͆͆͂
̸̸̓͆̈́
%FTDBSHBN
"TQJSBDJÓON
8ZMPUN
;BTZTBOJFN
7ÝGVLN
/BTÃWÃOÎN
*[QVØOBDFWN
7TFTBWBOKFN
'ÛTUFMWF[FUǡN
­HÊTMFWFHǡN
̽Άͷ͹;ͯͪͶͰ͸ͳͰͷ
̺ͼͪͼΆͬͪ͸ͳͰͷ
%FTDBSHBN
"TQJSBDJÓON
8ZMPUN
;BTZTBOJFN
7ÝGVLN
/BTÃWÃOÎN
*[QVØOBDFWN
7TFTBWBOKFN
'ÛTUFMWF[FUǡN
­HÊTMFWFHǡN
̽Άͷ͹;ͯͪͶͰ͸ͳͰͷ
̺ͼͪͼΆͬͪ͸ͳͰͷ
%FTDBSHBN
"TQJSBDJÓON
8ZMPUN
;BTZTBOJFN
7ÝGVLN
/BTÃWÃOÎN
*[QVØOBDFWN
7TFTBWBOKFN
'ÛTUFMWF[FUǡN
­HÊTMFWFHǡN
̽Άͷ͹;ͯͪͶͰ͸ͳͰͷ
̺ͼͪͼΆͬͪ͸ͳͰͷ
%FTDBSHBN
"TQJSBDJÓON
8ZMPUN
;BTZTBOJFN
7ÝGVLN
/BTÃWÃOÎN
*[QVØOBDFWN
7TFTBWBOKFN
'ÛTUFMWF[FUǡN
­HÊTMFWFHǡN
̽Άͷ͹;ͯͪͶͰ͸ͳͰͷ
̺ͼͪͼΆͬͪ͸ͳͰͷ
%FTDBSHBN
"TQJSBDJÓON
8ZMPUN
;BTZTBOJFN
7ÝGVLN
/BTÃWÃOÎN
*[QVØOBDFWN
7TFTBWBOKFN
'ÛTUFMWF[FUǡN
­HÊTMFWFHǡN
̽Άͷ͹;ͯͪͶͰ͸ͳͰͷ
̺ͼͪͼΆͬͪ͸ͳͰͷ
%FTDBSHBN
"TQJSBDJÓON
8ZMPUN
;BTZTBOJFN
7ÝGVLN
/BTÃWÃOÎN
*[QVØOBDFWN
7TFTBWBOKFN
'ÛTUFMWF[FUǡN
­HÊTMFWFHǡN
̽Άͷ͹;ͯͪͶͰ͸ͳͰͷ
̺ͼͪͼΆͬͪ͸ͳͰͷ
%FTDBSHBN
"TQJSBDJÓON
8ZMPUN
;BTZTBOJFN
7ÝGVLN
/BTÃWÃOÎN
*[QVØOBDFWN
7TFTBWBOKFN
'ÛTUFMWF[FUǡN
­HÊTMFWFHǡN
̽Άͷ͹;ͯͪͶͰ͸ͳͰͷ
̺ͼͪͼΆͬͪ͸ͳͰͷ
Stránka 25 z 62
&4
1-
$;
$
"
'JH
#
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
&MLJUJODMVZF'JH
+VOUBEFEFTDBSHB
+VOUBEFFTUBORVFJEBEDPMMBSÎO
$PMMBSÎOIFNCSBEFBTQJSBDJÓO
$PMMBSÎOIFNCSBEFEFTDBSHB
%JTDPBOUJQVMTBDJPOFT
$PEPž‹
5BQÓOEFDJFSSFEFMUVCP
5FSNJOBMEFBTQJSBDJÓO‹DPOBJTMNUP
"OJMMBTJOUFSOBTCMBODBT
"OJMMBFYUFSOBHSJT
5VCPEFEFTDBSHB‹DPOBJTMBNJFOUP
$PEPžDPODÊOUSJDP‹
;FTUBXPCFKNVKF'JH
/ž 6T[D[FMLNjTQVTUPXƾ
/ž 6T[D[FMLNjLPOJFS[PXƾ
/ž ;FXONjUS[OZLPOJFS[[BTZTBOJB
/ž ;FXONjUS[OZLPOJFS[TQVTUPXZ
/ž #MBT[LNjBOUZQVMTBDZKOƾ
/ž ,PMBOLPž‹
/ž ;BUZD[LBQS[FXPEV
/ž ,PǝDÓXLB[BTZTBOJB‹[J[PMBDKƾ
/ž 3P[FUZXFXOCJBF
/ž 3P[FUNj[FXOT[BSƾ
/ž 1S[FXÓETQVTUPXZ‹[J[PMBDKƾ
/ž ,T[UBULBžLPODFOUSZD[OB‹
,JUTFQBSBEPS‹DPOBJTMBNJFOUP.POUBKF
EFMLJU'JH
DPMPDBSFMDPMMBSÎO
FOFMPSJê
DJPNÃTJOUFSOPEFMBDBMEFSBTJUVBOEPMBKVOUB
FONFEJPZBQSFUBOEPMBVOJÓODPOMPTUPSOJMMPTEF
DBCF[BIFYBHPOBMZQVOUBQMBOBQSFTFOUFTFOFMLJU
JOUSPEVDJSIBTUBFMUPQFFMEJTDPBOUJQVMTBDJPOFT
3FUJSBSFMDPMMBSÎOQMBOPQSFTFOUFFOVOPSJêDJPNÃT
FYUFSOP Z TVTUJUVJSMP QPS FM DPMMBSÎO TJUVBOEP
FO NFEJP MB KVOUB ZB QSFTFOUF FO MB DBMEFSB
BQSFUBOEPMBVOJÓODPOMPTUPSOJMMPTBVUPSPTDBOUFT
DPOQVOUBTVNJOJTUSBEPT*OUSPEVDJSZEFTQMB[BSFM
UBQÓO
QPSTVMBEPNBDIPMJTP
EFMDPEP
EFT
QVÊTNPOUBSMPTDPEPT
BDPQMBOEPTVMBEPNBDIP
MJTP
DPOFMMBEPIFNCSBEFMDPMMBSÎO
.POUBS
FMDPEP
BDPQMBOEPTVMBEPNBDIPMJTP
DPOFM
MBEPIFNCSBEFMDPMMBSÎO
.POUBSFMUFSNJOBM
EFBTQJSBDJÓO
BDPQMBOEPTVMBEPNBDIPMJTP
DPOFMMBEPIFNCSBEFMDPEP
BQSFUÃOEPMPIBTUB
FM GPOEP TJO PMWJEBSTF EF JOUSPEVDJS QSJNFSP MBT
BOJMMBTZ
RVFBTFHVSBSÃOFMNPOUBKFDPSSFDUP
FOUSFUVCPZNVSPEFTQVÊTêKBSFMUBQÓOEFDJFSSF
BM UFSNJOBM .POUBS FM UVCP EF EFTDBSHB
BDPQMBOEP TV MBEP NBDIP MJTP
DPO FM MBEP
IFNCSBEFMDPEP
BQSFUÃOEPMPIBTUBFMGPOEP
TJOPMWJEBSTFEFJOUSPEVDJSQSJNFSPMBBOJMMB
RVF
BTFHVSBSÃRVFFMNPOUBKFFOUSFUVCPZDPOEVDUPEF
FWBDVBDJÓOEFIVNPTTFBDPSSFDUP
r "DPQMBNJFOUP FOUSF FYUFOTJPOFT EF UVCPT Z
DPEPT1BSBBDPQMBSFYUFOTJPOFTBPUSPTFMFNFO
UPT EF UPNB EF BJSFFWBDVBDJÓO EF IVNPT FT
OFDFTBSJP BDUVBS EFM TJHVJFOUF NPEP NPOUBS
FMUVCPDPODÊOUSJDPPFMDPEPDPODÊOUSJDPBDP
QMBOEPTVMBEPNBDIPMJTP
DPOFMMBEPIFNCSB
DPOKVOUBTEFMBCJP
EFMFMFNFOUPQSFWJBNFOUF
JOTUBMBEP BQSFUÃOEPMP IBTUB FM GPOEP EF FTUB
GPSNBTFDPOTFHVJSÃMBVOJÓOFTUBODBEFUPEPT
MPTFMFNFOUPT
;FTUBXPEE[JFMBKƾDZ‹[J[PMBDKƾ.POUBǻ
[FTUBXV3ZT
[BJOTUBMPXBǀLPOJFS[
OB
PUXPS[F DFOUSBMOZN LPUB XSB[ [ VT[D[FMLƾ PSB[XPǻZǀǧSVCZ[[FTUBXV8ZKƾǀQBTLJLPOJFS[
[ CPD[OFHP PUXPSV [HPEOJF [ QPUS[FCBNJ
J
[BTUƾQJǀ HP LPOJFS[FN XSB[ [ VT[D[FMLƾ KVǻ [BJOTUBMPXBOƾ X LPUMF B OBTUNjQOJF XPǻZǀ
ǧSVCZ [ [FTUBXV 8PǻZǀ J QS[FTVOƾǀ LPSFL OBLT[UBUDF
PETUSPOZNNjTLJFKHBELJFK
PSB[
QPEƾD[ZǀLT[UBULJ
TUSPOƾNNjTLƾHBELƾ
EP
TUSPOZ ǻFǝTLJFK LPOJFS[B 1PƾD[Zǀ LT[UBULNj
TUSPOƾ NNjTLƾ HBELƾ
[F TUSPOƾ ǻFǝTLƾ
LPOJFS[B 1PEƾD[Zǀ LPǝDÓXLNj [BTJMBOJB TUSPOƾ NNjTLƾ HBELƾ
[F TUSPOƾ ǻFǝTLƾ LT[UBULJ
EPDJTLBKƾDVQFXOJBKƾDTJNjǻFSP[FUZJ
LUÓSF[BQFXOJBKƾXBǧDJXƾJOTUBMBDKNjSVSZXNVS[F
[PTUBZ QSBXJEPXP XPǻPOF PSB[ QS[ZNPDPXBǀ
LPSFL[BNZLBKƾDZ
OBLPǝDÓXDF
1PEƾD[Zǀ
SVSNj TQVTUPXƾ TUSPOƾ NNjTLƾ HBELƾ
[F
TUSPOƾǻFǝTLƾLT[UBULJ
EPDJTOƾǀJTQSBXE[Jǀ
D[ZSP[FUB
LUÓSB[BQFXOJBXBǧDJXƾJOTUBMBDKNj
SVSZ X TZTUFNJF LPNJOPXZN KFTU [BPǻPOB
QSBXJEPXP
r 1PEƾD[FOJF EP [ƾD[B SVS QS[FEVǻBKƾDZDI
PSB[ LPMBOFL "CZ QPEƾD[Zǀ FXFOUVBMOF
QS[FEVǻBD[F EP [ƾDLJ [ JOOZNJ FMFNFOUBNJ
JOTUBMBDKJ LPNJOPXFK OBMFǻZ XZLPOBǀ DP
OBTUNjQVKF [ƾD[Zǀ SVSNj LPODFOUSZD[Oƾ MVC
LPMBOLPLPODFOUSZD[OFTUSPOƾNNjTLƾHBELƾ
[F
TUSPOƾǻFǝTLƾ[VT[D[FMLƾ
FMFNFOUVVQS[FEOJP
[BJOTUBMPXBOFHP J EPDJǧOJNjUFHP EP LPǝDB
8 UFO TQPTÓC NPǻOB [BQFXOJǀ T[D[FMOPǧǀ J
QPQSBXOPǧǀQPƾD[FOJBFMFNFOUÓX
r "JTMBNJFOUP EFM LJU UFSNJOBM TFQBSBEPS 4J
FYJTUFO QSPCMFNBT EF DPOEFOTBDJÓO EF IVNPT
FOMPTDPOEVDUPTEFEFTDBSHBPFOMBTVQFSêDJF
FYUFSOB EF MPT UVCPT EF BTQJSBDJÓO *NNFSHBT
TVNJOJTUSBCBKPQFEJEPUVCPTEFBTQJSBDJÓOZEF
EFTDBSHBDPOBJTMBNJFOUP&MBJTMBNJFOUPQVFEF
TFSOFDFTBSJPFOFMUVCPEFEFTDBSHBTJFYJTUFVOB
QÊSEJEBFYDFTJWBEFUFNQFSBUVSBEFIVNPTFOTV
SFDPSSJEP&MBJTMBNJFOUPQVFEFTFSOFDFTBSJPFO
FMUVCPEFBTQJSBDJÓOTJFMBJSFFOUSBOUFNVZGSÎP
QVFEFDPOEVDJSMBTVQFSêDJFFYUFSOBEFMUVCPB
VOBUFNQFSBUVSBJOGFSJPSBMQVOUPEFSPDÎPEFM
BJSF EFM BNCJFOUF FO RVF TF FODVFOUSB &O MBT
êHVSBT 'JH œ
TF IBO SFQSFTFOUBEP
EJWFSTBTBQMJDBDJPOFTEFUVCPTDPOBJTMBNJFOUP
r *[PMBDKB[FTUBXVPEE[JFMBKƾDFHPLPǝDÓXFL8
SB[JF XZTUƾQJFOJ B QSPCMFNÓX [ L P O E F O
TBDKƾ T Q B M JO XQS[FXPEBDI TQVTUPXZDI MVC
OB QPXJFS[DIJ [FXONjUS[OFK SVS [BTZTBKƾDZDI
êSNB*NNFSHBTEPTUBSD[BOB[BNÓXJFOJFSVSZ
TQVTUPXFPSB[[BTZTBKƾDF[J[PMBDKƾ*[PMBDKBNPǻF
CZǀLPOJFD[OBXQS[ZQBELVSVSTQVTUPXZDIHEZ
EPDIPE[JEPOBENJFSOFHPTQBELVUFNQFSBUVSZ
TQBMJOXQS[FXPE[JF*[PMBDKBNPǻFCZǀLPOJFD[OB
XQS[ZQBELVSVS[BTZTBKƾDZDIQPOJFXBǻQPXJFUS[F
OBXFKǧDJVCBSE[P[JNOF
NPǻFTQPXPEPXBǀ
ǻF UFNQFSBUVSB [FXONjUS[OFK QPXJFS[DIOJ SVSZ
TQBEOJF QPOJǻFK QVOLUV SPTZ EMB QPXJFUS[B X
ǧSPEPXJTLVXKBLJNTJNj[OBKEVKF/BSZTVOLBDI
3ZTœ
QPLB[BOPSÓǻOF[BTUPTPXBOJB
SVS[J[PMBDKƾ
3VSZ[J[PMBDKƾTLBEBKƾTJNj[XFXONjUS[OFKSVSZ
LPODFOUSZD[OFK‹PSB[[FXONjUS[OFK‹PEE[JFMPOZDI
XBSTUXƾ[BNLOJNjUFHPQPXJFUS[B/JFKFTUUFDIOJD[OJF
NPǻMJXF[BQFXOJFOJFPCVLPMBOFL‹
Stránka 26 z 62
4PVQSBWBPCTBIVKF0CS
/ž 7ÝGVLPWÊ
/ž 5LJTOLJOÎQǥÎSVCZ
/ž /BTÃWBDÎWOLJKØÎQǥÎSVCB
/ž 7ÝGVLPWÃWOLJKØÎQǥÎSVCB
/ž "OUJQVM[BǁOÎQMÎØFL
/ž ,PMFOPžPQSDzNLJSV
/ž 6[ÃWLJSUSPVCZ
/ž 5*[PMPWBOÝLPODPWÝOBTÃWBDÎEÎMP
QSDzNLJSV
/ž #ÎMÊWOJUǥOÎSDzßJDF
/ž »FEÃWOLJKØÎSDzßJDF
/ž *[PMPWBOÃWÝGVLPWÃSPVSBPQSDzNLJSV
/ž ,PODFOUSJDLÝPIZCPWÝEÎMžPQSDzNLJSV
*[PMPWBOÃ ELJMJDÎ TPVQSBWB P QSDzNLJSV .POUÃß TPVQSBWZ 0CS *OTUBMVKUF QǥÎSVCV
OBOFKWOJUǥOLJKØÎPUWPSLPUMFQǥJǁFNßNF[JOLJ
WMPßUF ULJTOLJOÎ B VUÃIOLJUF KJ QPNPDÎ ØSPVCDz T
ØFTUJISBOOPVIMBWPVBQMPDIPVØQJǁLPVLUFSÊKTPV
TPVǁÃTUÎ TPVQSBWZ EPWOJUǥ [BTVǞUF Bß OB EPSB[
BOUJQVM[BǁOÎQMÎØFL
4FKNLJUFQMPDIPVQǥÎSVCV
LUFSÃ TF OBDIÃ[Î W LSBKOÎN PUWPSV B OBISBDŽUF KJ
QǥÎSVCPV QPVßJKUF ULJTOLJOÎ KJß VNÎTULJOÊ
W LPUMJ B VUÃIOLJUF QǥJMPßFOÝNJ TBNPǥF[OÝNJ
ØQJǁBUÝNJ ØSPVCZ ;BTVǞUF B QPTPVWFKUF V[ÃWLJS
OBLPMFOP
[WOJUǥOÎIMBELÊ
TUSBOZQPUPN
[BTVǞUF LPMFOB WOJUǥOÎ TUSBOPV IMBELPV
EP
WOLJKØÎ TUSBOZ QǥÎSVCZ ;BTVǞUF LPMFOP WOJUǥOÎTUSBOPVIMBELPV
EPTWSDIOÎWOLJKØÎTUSBOZ
QǥÎSVCZ
;BTVǞUFOBEPSB[LPODPWÝOBTÃWBDÎEÎM
WOJUǥOÎǁÃTUÎIMBELPV
EPWOLJKØÎTUSBOZLPMFOB
QǥFEǁÎNßOF[BQPNFǞUFWMPßJUSDzßJDFB
LUFSÊKTPV[ÃSVLPVTQSÃWOÊJOTUBMBDFNF[JUSPVCPV
B[EÎ/BLPOFDOBTBDŽUFV[ÃWLJS
OBLPODPWÝEÎM
;BTVǞUFOBEPSB[WÝGVLPWÝEÎM
WOJUǥOÎǁÃTUÎ
IMBELPV
EPWOLJKØÎTUSBOZLPMFOB
QǥFEǁÎNß
OF[BQPNFǞUFWMPßJUSDzßJDJ
LUFSÃ[BKJTUÎTQSÃWOPV
JOTUBMBDJNF[JUSPVCPVBLPVǥPWPEFN
r 1ǥJQPKFOÎQSPEMVßPWBDÎIPQPUSVCÎBLPMFOQPNPDÎ
TQPKFL 1ǥJ JOTUBMBDJ QǥÎQBEOÊIP QSPEMPVßFOÎ
QPNPDÎ TQPKFL L EBMØÎN QSWLDzN LPVǥPWÊIP
TZTUÊNVKFUǥFCBQPTUVQPWBUOÃTMFEPWOLJ,PO
DFOUSJDLPV SPVSV OFCP LPMFOP [BTVǞUF Bß OB
EPSB[WOJUǥOÎTUSBOPVIMBELPV
EPWOLJKØÎTUSBOZ
T PCSVCPWÝN ULJTOLJOÎN
EǥÎWF JOTUBMPWBOÊIP
QSWLV 5ÎNUP [QDzTPCFN EPTÃIOFUF EPLPOBMF
ULJTOÊIPTQPKFOÎKFE”OPUMJWÝDIQSWLDz
r *[PMBDF LPODPWÊ ELJMJDÎ TPVQSBWZ 7 QǥÎQBELJ
QSPCMÊNV T LPOEFO[BDÎ TQBMJO WF WÝGVLPWÊN
QPUSVCÎOFCPOBWFOLPWOÎNQPWSDIVOBTÃWBDÎIP
QPUSVCÎTQPMFǁOPTU*NNFSHBTOBßÃEPTUEPEÃWÃ
J[PMPWBOÊ OBTÃWBDÎ B WÝGVLPWÊ SPVSZ *[PMBDF
TFNDzßFTUÃUOF[CZUOPVOBWÝGVLPWÊNQPUSVCÎ
[ EDzWPEV OBENLJSOÊ UFQMPUOÎ [USÃUZ TQBMJO OB
KFKJDI USBTF *[PMBDF NDzßF CÝU OF[CZUOPV OB
OBTÃWBDÎN QPUSVCÎ QSPUPßF WTUVQVKÎDÎ W[EVDI
QPLVEKFWFMNJDIMBEOÝ
NDzßFPDIMB[PWBUWOLJKØÎ
QPWSDI QPUSVCÎ OB UFQMPUV OJßØÎ OFß KF SPTOÝ
CPE W[EVDIV QSPTUǥFEÎ WF LUFSÊN TF OBDIÃ[Î
/BPCSÃ[DÎDI0CSœ
KTPV[OÃ[PSOLJOZ
SDz[OÊBQMJLBDFJ[PMPWBOÝDIQPUSVCÎ
[PMPWBOÊ SPVSZ KTPV UWPǥFOZ KFEOPV LPODFO
USJDLPVSPVSPVPWOJUǥOÎNQSDzNLJSVBWOLJKØÎN
QSDzNLJSV TF W[EVDIPWPV NF[FSPV /FOÎ
UFDIOJDLZ NPßOÊ [BǁÎU T PCLJNB J[PMPWBOÝNJ
LPMFOZPQSDzNLJSV
4*
)6
36
$
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
,PNQMFUWTFCVKFTMJLB
/ž *[QVØOPUFTOJMP
/ž 5FTOJMPQSJSPCOJDF
/ž 4FTBMOB[VOBOKBQSJSPCOJDB
/ž *[QVØOB[VOBOKBQSJSPCOJDB
/ž 1MPØǁJDBQSPUJQVM[BOKV
/ž ,PMFOPžQSFNFSB
/ž 1PLSPWDFWJ
/ž *[PMJSBOLPOǁFOTFTBMOJEFMQSFNFSB
/ž #FMBOPUSBOKBSP[FUB
/ž 4JWBOPUSBOKBSP[FUB
/ž *[PMJSBOBJ[QVØOBDFWQSFNFSB
/ž ,PODFOUSJǁFOVQPHMKJWEFMžQSFNFSB
*[PMJSBOEFMJMOJLPNQMFUQSFNFSB.POUBßB
LPNQMFUB4MJLB
1SJSPCOJDP
OBNFTUJUFOB
OPUSBOKPPEQSUJOPLPUMBUBLPEBWNFTWMPßJUFUFTOJMP
JO KP QSJWJKFUF T QPNPǁKP WJKBLPW T ØFTULPUOP
HMBWPJOQMPØǁBUPLPOJDPLJTPTFTUBWOJEFMLPN
QMFUB OPUFS QPUJTOJUF QMPØǁJDP QSPUJ QVM[BOKV
4OFNJUFQMPØǁBUPQSJSPCOJDPWTUSBOTLJPEQSUJOJJO
KP[BNFOKBKUFTQSJSPCOJDP
VQPSBCJUFUFTOJMP
LJTFßFOBIBKBWLPUMVJOKPQSJWJKUFTQSJMPßFOJNJ
TBNPSF[OJNJWJKBLJ/BNFTUJUFJOQSFNJLBKUFQPLSPW
OBLPMFOP
[OPUSBOKFHMBELF
TUSBOJOBUP
OBNFTUJUFLPMFOB
[OPUSBOKPHMBELP
TUSBOKPW
[VOBOKPTUSBOQSJSPCOJDF
,PMFOP
OBNFT
UJNP[OPUSBOKPTUSBOKPHMBELP
W[VOBOKPTUSBO
LPODFOUSJǁOFQSJSPCOJDF
,POǁFOTFTBMOJEFM
OBNFTUJNPEPLPODBWOPUSBOKJHMBEFL
EFM[VOBOKF
TUSBOJLPMFOB
OBUPQBEPEBUOPWTUBWJNPØFSP[FUJ
JO
LJ[BHPUPWJKPQSBWJMOPOBNFTUJUFWPC[JEV
/BUPOBNFTUJNPØFQPLSPW
JOLPOǁFOEFM
,POǁFO J[QVØOJ EFM OBNFTUJNP EP LPODB W
OPUSBOKJ HMBEFL
EFM [VOBOKF TUSBOJ LPMFOB OBUPQBEPEBUOPWTUBWJNPØFSP[FUP
LJ[BHPUPWJ
QSBWJMOPOBNFTUJUFWPC[JEV
r 1SJLMKVǁJUFWQPEBMKØFWBMOJIDFWJJOLPMFOTTQP
KLBNJ 1SJ OBNFTUJUWJ NPSFCJUOFHB QPEBMKØLB
T QPNPǁKP TQPKL JO PTUBMJI FMFNFOUPW EJN
OFHB TJTUFNB QPTUPQBKUF OB TMFEFǁJ OBǁJO
,PODFOUSJǁOPDFWBMJLPMFOPOBNFTUJUFEPLPODB
[OPUSBOKPTUSBOKPLJKFHMBELB
W[VOBOKPTUSBO
T PCSPCOJN UFTOJMPN
QPQSFK OBNFØǁFOFHB
FMFNFOUB4UFNCPTUFEPTFHMJLWBMJUFUFO[BUFTOKFO
TQPKQPTBNF[OJIEFMPW
r *[PMBDJKBLPOǁOFHBEFMJMOFHBLPNQMFUBƀFJNBUF
UFßBWF[OBCJSBOKFNLPOEFO[BWQSPEVLUJIJ[HP
SFWBOKBWJ[QVØOJIDFWFIBMJOB[VOBOKJQPWSØJOJ
TFTBMOJI DFWJ MBILP QSJ *NNFSHBT OBSPǁJUF
J[PMJSBOF TFTBMOF JO J[QVØOF DFWJ *[PMBDJKB KF
QSBW UBLP [FMP QPNFNCOB OB J[QVØOJI DFWFI
[BSBEJ[NBOKØBOKBUPQMPUOFJ[HVCFQSJPEWBKBOKV
QSPEVLUPWJ[HPSFWBOKB*[PMBDJKBJHSBQSBWUBLP
QPNFNCOPWMPHPOBTFTBMOJIDFWFILFSWTUPQFO
[SBL ǁF KF [FMP IMBEFO
MBILP IMBEJ [VOBOKP
QPWSØJOPDFWJOBOJßKPUFNQFSBUVSPPESPTJØǁB
[SBLBWPLPMKVWLBUFSFNTFOBIBKB/BTMJLBI
4MJLBœ
TPQSJLB[BOFSB[MJǁOFWBSJBOUF
J[PMJSBOJIDFWJ
*[PMJSBOFDFWJTPTFTUBWMKFOFJ[FOFLPODFOUSJǁOF
DFWJ[OPUSBOKJNQSFNFSPNJO[VOBOKJNQSF
NFSPN[[SBǁOJNQSFTMFELPN5FIOJǁOPQB
OJNPHPǁF[BǁFUJ[PCFNBJ[PMJSBOJNBLPMFOPNB
TQSFNFSPN
"LÊT[MFUUBSUBMNBÃCSB
/ž GÛTUDTǡUÕNÎUÊT
/ž JOEÎUÓFMFNUÕNÎUÊT
/ž ÊHÊTMFWFHǡJOEVMÓFMFN
/ž GÛTUDTǡJOEVMÓFMFN
/ž SF[HÊTÃMMÓMFNF[
/ž ‹NNFTžPTLÕOZÕL
/ž $Tǡ[ÃSÓTBQLB
/ž ‹NNFTT[JHFUFMUÊHÊTMFWFHǡDTǡWÊHFMFN
/ž CFMTǡUBLBSÓSÓ[TB
GFIÊS
/ž LÛMTǡUBLBSÓSÓ[TB
T[ÛSLF
/ž ‹NNFTT[JHFUFMUGÛTUDTǡ
/ž ‹NNFTžPTLPODFOUSJLVT
LÕOZÕL
‹NNFT T[JHFUFMU T[ÊUWÃMBT[UÓ LÊT[MFU
,ÊT[MFUGFMT[FSFMÊTFÃCSB
JMMFTT[ÛLB[JOEÎUÓ
FMFNFU
BUÕNÎUÊT
LÕ[CFJLUBUÃTÃWBMBLB[ÃO
IPTT[UFOHFMZÊIF[ LÕ[FMFCCJ DTBUMBLP[Ó DTPOLSB
ÊT SÕH[ÎUTÛL B NFMMÊLFMU IBUT[ÕHMFUFT GFKǯ MBQPT
WÊHǯ DTBWBSPLLBM JMMFTT[ÛL CFMTFKÊCF ÛULÕ[ÊTJH B
SF[HÊTÃMMÓMFNF[U
5ÃWPMÎUTVLFMBIPTT[UFOHFMZUǡM
UÃWPMBCCJ DTPOLCBO UBMÃMIBUÓ MBQPT LBSJNÃU B[
JHÊOZFLOFL NFHGFMFMǡFO
ÊT JMMFTT[ÛL B IFMZÊSF B
QFSFNFT JOEÎUÓ FMFNFU B LB[ÃOCBO UBMÃMIBUÓ
UÕNÎUÊT LÕ[CFJLUBUÃTÃWBM NBKE SÕH[ÎUTÛL B
NFMMÊLFMU DTBWBSPLLBM )FMZF[[F GFM ÊT DTÙT[UBTTB
BWÊEǡTBQLÃU
BLÕOZÕLJEPNSB
BTJNBPMEBM
JSÃOZÃCÓM NBKE DTBUMBLP[UBTTVL B LÕOZÕLÕLFU
NFHGFMFMǡ TJNB
WÊHÛLLFM B[ JOEÎUÓ FMFN UPLSÊT[ÊCF $TBUMBLP[UBTTVL B LÕOZÕLJEPNPU
GFOU NFHGFMFMǡ TJNB
PMEBMÃWBM B LBSJNB
UPLSÊT[ÊCF *MMFTT[ÛL B IFMZÊSF B[ ÊHÊTMFWFHǡ
WÊHFMFNFU NFHGFMFMǡ TJNB
WÊHÊWFM B LÕOZÕL
UPLSÊT[ÊCF ÛULÕ[ÊTJH FMǡ[ǡMFH OF GFMFEKÛL FM
GFMIFMZF[OJ SÃ B UBLBSÓSÓ[TÃLBU ÊT NFMZFL
BDTǡÊTBGBMLÕ[ÕUUJIFMZFTGFMT[FSFMÊTUCJ[UPTÎUKÃL
&[FLVUÃOSÕH[ÎUTFBWÊHFMFNSF
B[ÃSÓTBQLÃU
$TBUMBLP[UBTTVL B GÛTUDTǡ NFHGFMFMǡ TJNB
WÊHÊUBLÕOZÕL
UPLSÊT[ÊCFÛULÕ[ÊTJHFMǡ[ǡMFH
OF GFMFKUTÛL FM GFMIFMZF[OJ B UBLBSÓSÓ[TÃU *MZ
NÓEPOCJ[UPTÎUKVLB[FMFNFLNFHGFMFMǡJMMFT[LFEÊTÊU
ÊTBSFOET[FSUÕNÕSTÊHÊU
r 5PMEÓDTǡFMFNFLÊTLÕOZÕLÕLDTBUMBLP[UBUÃTB"[
FTFUMFHFTUPMEÓFMFNFLOFLBLÊNÊOZSFOET[FSIF[WBMÓ
DTBUMBLP[UBUÃTBFTFUÊOBLÕWFULF[ǡLÊQQFOLFMMFMKÃSOJ
DTBUMBLP[UBTTVLBLPODFOUSJLVTDTǡFMFNWBHZLÕOZÕL
NFHGFMFMǡTJNB
WÊHÊUBNÃSGFMT[FSFMUVUPMTÓFMFN
UPLSÊT[ÊCFUÕNÎUǡHZǯSǯLÕ[CFJLUBUÃTÃWBM
ÛULÕ[ÊTJH
*MZNÓEPOCJ[UPTÎUKVLB[FMFNFLNFHGFMFMǡJMMFT[LFEÊTÊU
ÊTBSFOET[FSHÃ[UÕNÕSTÊHÊU
r 4[ÊUWÃMBT[UÓWÊHFMFNLÊT[MFUT[JHFUFMÊTF"NFOOZJCFOB
GÛTUFMWF[FUǡDTÕWFLCFOWBHZB[ÊHÊTMFWFHǡDTÕWFLLÛMTǡ
GFMÛMFUÊOLPOEFO[ÃUVNLÊQ[ǡEJLT[JHFUFMUÊHÊTMFWFHǡ
GÛTUFMWF[FUǡDTÕWFLFUMFIFUSFOEFMOJB[*NNFSHBTUÓM
"T[JHFUFMÊTBLLPSWÃMMIBUT[ÛLTÊHFTTÊBGÛTUFMWF[FUǡ
DTÕWÕOIBUÙMOBHZBGÛTUIǡWFT[UFTÊHFÙUKBTPSÃO
"T[JHFUFMÊTB[ÊSUWÃMMIBUT[ÛLTÊHFTTÊB[ÊHÊTMFWFHǡ
DTÕWÕONFSUBCFKÕWǡMFWFHǡIBOBHZPOIJEFH
BDTǡ
LÛMTǡGFMÛMFUÊUBT[PCBIǡNÊSTÊLMFUQÃSBLJDTBQÓEÃTJ
QPOUKBBMÃIǯUIFUJ"[ÃCSÃLPOœÃCSB
B
T[JHFUFMUDTÕWFLLÛMÕOCÕ[ǡGFMIBT[OÃMÃTBJMÃUIBUÓL
"T[JHFUFMUDTÕWFLFHZCFMTǡ‹NNFTÊTFHZLÛMTǡ‹
NNFTLPODFOUSJLVTDTǡCǡMÃMMOBLBLFUUǡLÕ[ÕUU
ÃMMÓMÊHLBNSÃWBM.ǯT[BLJMBHMFIFUFUMFOÙHZJOEVMOJ
IPHZNJOELÊU‹NNFTLÕOZÕLJEPNT[JHFUFMU
NFSUBIFMZT[ÛLTÊHMFUOFNUFT[JMFIFUǡWÊ
Stránka 27 z 62
̓͹ͷͺͶͰ͵ͽͬ͵ͶΉ΂ͪͽͬͼͰͫΊ́ͶͶ
/ž ͊ͪͶ·͸ͳ͵ͬΆ΀Ͷ͹ͺ͸͹ʹͼͳͼͽͰͷΆ
/ž ͌ͺͶ͹ͽ͸ͳͽͰͶ·͸ͪΊͺͻ͹͵Ͷͪͯ͵ͪͿͶͪ͸΁ͪ
/ž ͍Ͷͪ͸Ͱ΁ͬͼͪͼΆͬͪ͸ͳΊjͷͪͷͪv
/ž ͍Ͷͪ͸Ͱ΁ͬΆ΀Ͷ͹ͺ͸͹ʹͼͳͼͽͰͷΆjͷͪͷͪv
/ž ͺͻ͹ͽͳͬ͹ͺ;Ͷ·ͼͳͻ;Ή΄ΉΉͺͶͪͼͽͳ͸͵;
/ž ́Ͳͭͳͫž‹
/ž ̀ͪͭͶ;΃͵ͪͯͶΊͲͪ͵ͻΆͽͳΊͽͻ;ͫΆ
/ž ́Ͳ͹Ͷͳͻ͹ͬͪ͸͸ΆʹͬΆ΀͹ͯͬͼͪͼΆͬͪ͸ͳΊ‹
/ž ̺͸;ͽͻͰ͸͸ͳͰͫͰͶΆͰ΃ͪʹͫΆ
/ž ̺͸Ͱ΃͸ΊΊͼͰͻͪΊ΃ͪʹͫͪ
/ž ́Ͳ͹Ͷͳͻ͹ͬͪ͸͸ΆʹͬΆ΀͹ͯͬͼͪͼΆͬͪ͸ͳΊ‹
/ž ̓͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵ͳʹͳͲͭͳͫž‹
̓͹ͷͺͶͰ͵ͽͳͲ͹Ͷͳͻ͹ͬͪ͸͸͹ͭ͹ͼͰͺͪͻͪͽ͹ͻͪ‹
͌ͼͽͪ͸͹ͬ͵ͪ ͵͹ͷͺͶͰ͵ͽͪ ́ͶͶ ͺͻͳ͵ͻͰͺͳͽ·
ͿͶͪ͸Ͱ΁ ͸ͪ ΁Ͱ͸ͽͻͪͶ·͸͹Ͱ ͹ͽͬͰͻͼͽͳͰ ͫ͹ʹͶͰͻͪ
;ͼͽͪ͸ͪͬͶͳͬͪΊͼͪͶ·͸ͳ͵
ͳͲͪ͵ͻ;ͽͳͽ·ͬͳ͸ͽͪͷͳ
ͼ ΃Ͱͼͽͳͭͻͪ͸͸͹ʹ ͭ͹Ͷ͹ͬ͵͹ʹ ͳ ͺͶ͹ͼ͵ͳͷ ͵͹͸΁͹ͷ
ͬ΀͹ͯΊ΄ͳͷͳ ͬ ͵͹ͷͺͶͰ͵ͽ ͬͬͰͼͽͳ ͬ ͸Ͱͭ͹ ͯ͹
;ͺ͹ͻͪ ͺͻ͹ͽͳͬ͹ͺ;Ͷ·ͼͳͻ;Ή΄;Ή ͺͶͪͼͽͳ͸͵; ͌ͯͪͶͳͽ· ͺͶ͹ͼ͵ͳʹ ͿͶͪ͸Ͱ΁ ͼ ͼͪͷ͹ͭ͹ ͬ͸Ͱ΃͸Ͱͭ͹
͹ͽͬͰͻͼͽͳΊ ͳ ͲͪͷͰ͸ͳͽ· Ͱͭ͹ ͸ͪ ͿͶͪ͸Ͱ΁ ͳͼͺ͹Ͷ·Ͳ;ΊͼͪͶ·͸ͳ͵
ͻͪ͸ͰͰ;ͼͽͪ͸͹ͬͶͰ͸͸Άʹ͸ͪ
ͫ͹ʹͶͰͻͰͳͲͪ͵ͻ;ͽͳͽ·ͼͪͷ͹ͻͰͱ;΄ͳͷͳͼΊͬͳ͸ͽͪͷͳ
ͬ΀͹ͯΊ΄ͳͷͳ ͬ ͹ͼ͸ͪ΄Ͱ͸ͳͰ ̺ͬͰͼͽͳ ͵͹Ͷͺͪ΂͹͵
ͳ ͺͻ͹ͬͰͼͽͳ Ͱͭ͹ ΂ͰͻͰͲ ͳͲͭͳͫ ͭͶͪͯ͵͹ʹ
ͼͽ͹ͻ͹͸͹ʹiͺͪͺͪu
ͯͪͶͰͰͺ͹ͯͼ͹ͰͯͰ͸ͳͽ·ͳͲͭͳͫΆ
ͭͶͪͯ͵͹ʹ ͼͽ͹ͻ͹͸͹ʹ iͺͪͺͪu
ͬ ͭ͹ͻͶ͹ͬͳ͸;
iͷͪͷͪu
ͿͶͪ͸΁ͪ ͈͹ͯͼ͹ͰͯͰ͸ͳͽ· ͳͲͭͳͫ ͭͶͪͯ͵͹ʹͼͽ͹ͻ͹͸͹ʹiͺͪͺͪu
ͬͭ͹ͻͶ͹ͬͳ͸;iͷͪͷͪu
ͿͶͪ͸΁ͪ ͊͹ͰͯͰ͸ͳͽ· ͬΆͬ͹ͯ ͬͼͪͼΆͬͪ͸ͳΊ ͭͶͪͯ͵͹ʹͼͽ͹ͻ͹͸͹ʹiͺͪͺͪu
ͬͭ͹ͻͶ͹ͬͳ͸;iͷͪͷͪu
ͳͲͭͳͫͪ
ͯ͹;ͺ͹ͻͪ;ͫͰͯͳͽ·Ί΂ͽ͹΃ͪʹͫΆ;ͱͰ
ͫΆͶͳ ͬͬͰͯͰ͸Ά ͳ ͵͹ͽ͹ͻΆͰ ͹ͫͰͼͺͰ΂ͳͬͪͽ
ͺͻͪͬͳͶ·͸;Ήͳ͸ͼͽͪͶΊ΁ͳΉͷͰͱͯ;ͽͻ;ͫ͹ʹͳͼͽͰ͸͹ʹ
ͳ;ͼͽͪ͸͹ͬͳͽ·ͺͻ͹ͫ͵;ͲͪͭͶ;΃͵;
͸ͪͬΆͬ͹ͯ
͈ͻͳ͵ͻͰͺͳͽ· ͬΆ΀Ͷ͹ͺ͸;Ή ͽͻ;ͫ; ͭͶͪͯ͵͹ʹ
ͼͽ͹ͻ͹͸͹ʹiͺͪͺͪu
ͬͭ͹ͻͶ͹ͬͳ͸;iͷͪͷͪu
ͳͲͭͳͫͪ
ͯ͹ ;ͺ͹ͻͪ ͺͻ͹ͬͰͻΊΊ ΂ͽ͹ ΃ͪʹͫͪ ͵͹ͽ͹ͻͪΊ
͹ͫͰͼͺͰ΂ͳͬͪͰͽ ͺͻͪͬͳͶ·͸;Ή ͳ͸ͼͽͪͶΊ;ͳΉ ͷͰͱͯ;
ͼͽͰ͸͹ʹͳͯΆͷ͹΀͹ͯ͹ͷ;ͱͰͬͬͰͯͰ͸ͪ
r ͊͹Ͱͯͳ͸ͰͳͰ ͷͰͽ͹ͯ͹ͷ ͼ΁ͰͺͶͰ͸ͳΊ ͸ͪͼͪͯ͹͵
;ͯͶͳ͸ͳͽͰͶͰʹͳ͵͹ͶͰ͸̽ͶΊ;ͼͽͪ͸͹ͬ͵ͳ͸ͪͼͪͯ͹͵
;ͯͶͳ͸ͳͽͰͶͰʹ͸ͪͯͻ;ͭͳͰΈͶͰͷͰ͸ͽΆͬΆ΀Ͷ͹ͺ͸͹ʹ
ͼͳͼͽͰͷΆ͸Ͱ͹ͫ΀͹ͯͳͷ͹ͺͻ͹ͳͲͬͰͼͽͳͼͶͰͯ;Ή΄ͳͰ
͹ͺͰͻͪ΁ͳͳ ͺ͹ͯͼ͹ͰͯͰ͸ͳͽ· ͵͹͸΁Ͱ͸ͽͻͳ΂Ͱͼ͵;ͫ
ͽͻ;ͫ;ͳͶͳ͵͹ͶͰ͸͹ͭͶͪͯ͵͹ʹͼͽ͹ͻ͹͸͹ʹiͺͪͺͪu
ͬ
ͼͽ͹ͻ͹͸;ͭ͸ͰͲͯͪͼ͵ͻͪΊͷͳ
͸ͪͺͻͰͯͬͪͻͳͽͰͶ·͸͹
;ͼͽͪ͸͹ͬͶͰ͸͸Άʹ ΈͶͰͷͰ͸ͽ ͯ͹ ;ͺ͹ͻͪ ͺͻͳ
Έͽ͹ͷ ͯ͹ͼͽͳͭͪͰͽͼΊ ͼ͹Ͱͯͳ͸Ͱ͸ͳͰ ΈͶͰͷͰ͸ͽ͹ͬ
ͬ΀͹ͯΊ΄ͳ΀ͬͼ͹ͼͽͪͬ͵͹ͷͺͶͰ͵ͽͪͳ͸Ͱ͹ͫ΀͹ͯͳͷ͹Ͱ
;ͺͶ͹ͽ͸Ͱ͸ͳͰ
r ́Ͳ͹Ͷͳͻ͹ͬͪ͸ͳͰ͵͹ͷͺͶͰ͵ͽͪͼͰͺͪͻͪͽ͹ͻ̺ͪͼͶ;΂ͪͰ
ͬ͹Ͳ͸ͳ͵͸͹ͬͰ͸ͳΊͺͻ͹ͫͶͰͷͼ͵͹͸ͯͰ͸ͼͳͻ͹ͬͪ͸ͳͰͷ
ͭͪͲ͹ͬͬͯΆͷ͹΀͹ͯͰͳͶͳ͸ͪͬ͸Ͱ΃͸Ͱʹͺ͹ͬͰͻ΀͸͹ͼͽͳ
ͽͻ;ͫͬͼͪͼΆͬͪ͸ͳΊͬ͹Ͳͯ;΀ͪ*NNFSHBTͺ͹ͼͽͪͬͶΊͰͽ
ͺ͹Ͳͪ͵ͪͲ;ͳͲ͹Ͷͳͻ͹ͬͪ͸͸ΆͰͽͻ;ͫΆͬͼͪͼΆͬͪ͸ͳΊ
ͳ ͯΆͷ͹;ͯͪͶͰ͸ͳΊ ́Ͳ͹ͶΊ΁ͳΊ ͽͻ;ͫ ͷ͹ͱͰͽ
ͫΆͽ· ͸Ͱ͹ͫ΀͹ͯͳͷͪ ͺͻͳ ͼͶͳ΃͵͹ͷ ͬΆͼ͹͵͹ʹ
ͺ͹ͽͰͻͰͽͰͷͺͰͻͪͽ;ͻΆͯΆͷͪͲͪͺͻ͹ʹͯͰ͸͸͹Ͱͳͷ
ͻͪͼͼͽ͹Ί͸ͳͰ́Ͳ͹ͶΊ΁ͳΊͷ͹ͱͰͽͫΆͽ·͸Ͱ͹ͫ΀͹ͯͳͷͪ
͸ͪ ͬͼͪͼΆͬͪ͸ͳͰ ͽͪ͵ ͵ͪ͵ ͬ΀͹ͯΊ΄ͳʹ ͬ͹Ͳͯ;΀
ͰͼͶͳ ͹΂Ͱ͸· ΀͹Ͷ͹ͯ͸Άʹ
ͷ͹ͱͰͽ· ͹ͺ;ͼͽͳͽ·
ͽͰͷͺͰͻͪͽ;ͻ; ͬ͸Ͱ΃͸Ͱʹ ͺ͹ͬͰͻ΀͸͹ͼͽͳ ͽͻ;ͫΆ
͸ͳͱͰ ͽ͹΂͵ͳ ͻ͹ͼΆ ͬ͹Ͳͯ;΀ͪ ͬ ͺ͹ͷͰ΄Ͱ͸ͳͳ
ͬ ͵͹ͽ͹ͻ͹ͷ ͸ͪ΀͹ͯͳͽ·ͼΊ ͆ͪ ͻͳͼ;͸͵ͪ΀ ́ͶͶ
œ
ͺ͹͵ͪͲͪ͸͸Ά ͻͪͲͶͳ΂͸ΆͰ ͼͺ͹ͼ͹ͫΆ
ͺͻͳͷͰ͸Ͱ͸ͳΊͳͲ͹Ͷͳͻ͹ͬͪ͸͸Ά΀ͽͻ;ͫ
&4
1-
$;
-PTUVCPTDPOBJTMBNJFOUPFTUÃOGPSNBEPTQPSVO
UVCP DPODÊOUSJDP ‹ JOUFSOP Z PUSP ‹ FYUFSOPDPODÃNBSBEFBJSF/PFTQPTJCMFUÊD
OJDBNFOUFJOJDJBSFMSFDPSSJEPDPOBNCPTDPEPT
‹DPOBJTMBNJFOUPQVFTMBTEJNFOTJPOFTOP
MP QFSNJUFO &T QPTJCMF FO DBNCJP JOJDJBS FM
SFDPSSJEP DPO VO DPEP DPO BJTMBNJFOUP FTDP
HJFOEPFOUSFFMDPOEVDUPEFBTQJSBDJÓOZFMEF
EFTDBSHB4JTFJOJDJBDPOVODPEPEFBTQJSBDJÓO
DPO BJTMBNJFOUP ÊTUF EFCFSÃ TFS BDPQMBEP BM
QSPQJPDPMMBSÎOZTFSDPOEVDJEPIBUBFMDPMMBSÎO
EFFWBDVBDJÓOEFIVNPTEFGPSNBRVFFOUPODFT
MBBTQJSBDJÓOZMBEFTDBSHBEFIVNPTFTUÊOBMB
NJTNBBMUVSB
[J[PMBDKƾQPOJFXBǻOJF[F[XBMBKƾOBUPXZNJBSZ
.PǻMJXF KFTU KFEOBLǻF [BQFXOJFOJF KFEOFHP
LPMBOLB [ J[PMBDKƾ J OBMFǻZ XZCSBǀ D[Z CNjE[JF
PO QS[F[OBD[POZ EMB QS[FXPEV [BTZTBKƾDFHP
D[ZTQVTUPXFHP8QS[ZQBELVSP[QPD[NjDJBPE
LT[UBULJ SVSPXFK [BTZTBKƾDFK [ J[PMBDKƾ OBMFǻZ
UBNQPEƾD[ZǀPEQPXJFEOJLPOJFS[EPDJTOƾǀ
EP LPOJFS[B PEQSPXBE[FOJB TQBMJO 8 UFO
TQPTÓC [BQFXOJB TJNj SÓXOƾ XZTPLPǧǀ EMB PCV
XZKǧǀ[BTZTBKƾDFHPPSB[TQVTUPXFHPTQBMJO
QSPUPßFUPPCWPEPWÊSP[NLJSZOFVNPßǞVKÎ+F
OJDNÊOLJNPßOÊ[BǁÎUKFEOÎNJ[PMPWBOÝNLPMF
OFNBWPMCPVOBTÃWBDÎIPBWÝGVLPWÊIPQPUSVCÎ
7 QǥÎQBELJ ßF [BǁOFUF J[PMPWBOÝN OBTÃWBDÎN
LPMFOFNKFOVUOÊIP[BTVOPVUEPWMBTUOÎQǥÎSVCZ
BßOBEPSB[OBQǥÎSVCVWÝGVLVTQBMJO5ÎNTFOB
TUFKOPVWÝØLVEPTUBOPVEWBWÝTUVQZOBTÃWÃOÎB
WÝGVLTQBMJO
r 1ÊSEJEB EF UFNQFSBUVSB FO MPT DPOEVDUPT EF
IVNPTDPOBJTMBNJFOUP1BSBFWJUBSQSPCMFNBT
EF DPOEFOTBDJÓO EF IVNPT FO FM DPOEVDUP
EF EFTDBSHB ‹ DPO BJTMBNJFOUP EFCJEPT B
FOGSJBNJFOUP B USBWÊT EF MBT QBSFEFT FT OFDF
TBSJP MMJNJUBS MB MPOHJUVE EFM UVCP EF EFTDBSHB
B NFUSPT &O MB GJHVSB 'JH TF IB
SFQSFTFOUBEPVODBTPUÎQJDPEFBJTMBNJFOUPDPO
DPOEVDUP EF BTQJSBDJÓO DPSUP Z DPOEVDUP EF
EFTDBSHB NVZ MBSHP TVQFSJPS B N
5PEP FM
DPOEVDUPEFBTQJSBDJÓOFTUÃBJTMBEPQBSBFWJUBS
MBDPOEFOTBDJÓOEFMBJSFIÙNFEPEFMBNCJFOUF
EPOEFTFFODVFOUSBMBDBMEFSBDVBOEPFOUSBFO
DPOUBDUP DPO FM UVCP FOGSJBEP QPS FM BJSF RVF
FOUSBEFMFYUFSJPS5PEPFMDPOEVDUPEFEFTDBSHB
FTUÃBJTMBEPFYDFQUPFMDPEPEFTBMJEBEFTEFFM
RVFTFEFTEPCMBQBSBSFEVDJSBTÎMBTEJTQFSTJPOFT
EFDBMPSEFMDPOEVDUPFWJUBOEPMBGPSNBDJÓOEF
DPOEFOTBDJÓOEFIVNPT
*NQPSUBOUF DVBOEP TF JOTUBMFO MPT DPOEVDUPT
BJTMBEPT FT OFDFTBSJP NPOUBS DBEB NFUSPT VOB
VOBBCSB[BEFSBEFêKBDJÓODPOUBDPT
r$POêHVSBDJÓOUJQP#DPODÃNBSB
BCJFSUBZUJSPGPS[BEP
3FUJSBOEP FM UBQÓO NÃT FYUFSOP FO MB DÃNBSB
FTUBODBZVUJMJ[BOEPFMLJUDVCJFSUBBDDFTPSJP
FM
BJSFFTEJSFDUBNFOUFBTQJSBEPEFMBNCJFOUFFORVF
FTUÃVCJDBEBMBDBMEFSBZMBEFTDBSHBEFIVNPTFT
FGFDUVBEB FO VOB DIJNFOFB JOEJWJEVBM P EJSFDUB
NFOUFBMFYUFSJPS
$POFTUBDPOêHVSBDJÓOMBDBMEFSBTJTFTJHVFOMBT
JOTUSVDDJPOFT EF NPOUBKF 'JH œ
FTUÃ
DMBTJêDBEBDPNPUJQP#
$POFTUBDPOêHVSBDJÓO
FMBJSFFTEJSFDUBNFOUFBTQJSBEPEFMBNCJFOUFFO
RVFFTUÃVCJDBEBMBDBMEFSBRVFTÓMPQPESÃGVO
DJPOBSFOMPDBMFTQFSNBOFOUFNFOUFWFOUJMBEPT
MBEFTDBSHBEFIVNPTEFCFSÃFTUBSDPOFDUBEBB
VOBDIJNFOFBJOEJWJEVBMPWFSUFSEJSFDUBNFOUF
BMFYUFSJPS
MBTDBMEFSBTEFDÃNBSBBCJFSUBUJQP#OPEFCFOJOTUB
MBSTFFOMPDBMFTDPNFSDJBMFTOJEFTUJOBEPTBTFSWJDJPT
BVYJMJBSFTPJOEVTUSJBMFTFOMPTRVFTFVUJMJDFOQSPEVDUPT
RVFQVFEBOFNBOBSWBQPSFTPTVTUBODJBTWPMÃUJMFT
QFKWBQPSFTEFÃDJEPTDPMBTQJOUVSBTTPMWFOUFT
DPNCVTUJCMFTFUD
OJEPOEFTFQSPEV[DBQPMWPQFK
QPSUSBCBKPDPONBEFSBTDBSCÓODFNFOUPFUD
RVF
QVFEBOEBÒBSMPTDPNQPOFOUFTEFMBQBSBUPZBGFDUBSB
TVGVODJPOBNJFOUP
&OJOTUBMBDJPOFTFOMPDBMFTJOUFSJPSFTDPODPOêHVSBDJÓO
UJQP#FTPCMJHBUPSJPNPOUBSFMDPSSFTQPOEJFOUFLJUDVCJFSUB
KVOUPDPOFMLJUEFTDBSHBEFIVNPT
&ODVBMRVJFSDBTPTFSÃOSFTQFUBEBTMBTOPSNBTUÊDOJDBT
FOWJHPS
r 0COJǻFOJF UFNQFSBUVSZ X LBOBBDI TQBMJO [
J[PMBDKƾ"CZVOJLOƾǀFXFOUVBMOZDIQSPCMFNÓX
[LPOEFOTBDKƾTQBMJOXJ[PMPXBOZDIQS[FXPEBDI
TQVTUPXZDI‹[XJƾ[BOZDI[FTDIBE[BOJFN
QS[F[ ǧDJBOLNj LPOJFD[OF KFTU PHSBOJD[FOJF
EVHPǧDJQS[FXPEVTQVTUPXFHPEPNFUSÓX/B
SZTVOLV3ZT
QPLB[BOPUZQPXZQS[ZLBE
J[PMBDKJEMBLSÓULJFHPQS[FXPEV[BTZTBOJBPSB[
CBSE[PEVHJFHPQS[FXPEVTQVTUPXFHPQPOBE
N
$BZQS[FXÓE[BTZTBKƾDZKFTUJ[PMPXBOZ
DP QP[XBMB OB VOJLOJNjDJF LPOEFOTBDKJ
XJMHPUOFHP QPXJFUS[B BUNPTGFSZD[OFHP XPLӐ
LPUB X NPNFODJF LPOUBLUV [ DIPEOƾ SVSƾ
[ QPXJFUS[FN QPCSBOZN OB [FXOƾUS[ $BZ
QS[FXÓETQVTUPXZKFTUJ[PMPXBOZ[BXZKƾULJFN
LPMBOLBOBXZKǧDJV[SP[HBNjǺOJLBDPQP[XBMB
[NOJFKT[ZǀEZTQFSTKNjDJFQBXQS[FXPE[JFJ
[BQPCJFHBQPXTUBXBOJVLPOEFOTBDKJTQBMJO
r ;USÃUBUFQMPUZWJ[PMPWBOÊNLPVǥPWÊNQPUSVCÎ
"CZTUF TF WZIOVMJ QSPCMÊNDzN T LPOEFO[BDÎ
TQBMJO W J[PMPWBOÊN WÝGVLPWÊN QPUSVCÎ P
QSDzNLJSV[QDzTPCFOÝDIKFKJDIPDIMB[FOÎNQǥFT
TULJOVKFOVUOÊPNF[JUEÊMLVWÝGVLPWÊIPQPUSVCÎ
PQSDzNLJSVOBNFUSDz/BPCSÃ[LV0CS
KFVWFEFOUZQJDLÝQǥÎLMBEJ[PMBDFLSÃULÊOBTÃWBDÎ
QPUSVCÎBWFMNJEMPVIÊWÝGVLPWÊQPUSVCÎEFMØÎ
OFß N
*[PMPWBOÊ KF DFMÊ OBTÃWBDÎ QPUSVCÎ
BCZ TF [BCSÃOJMP LPOEFO[BDJ WMILÊIP W[EVDIV
QSPTUǥFEÎ WF LUFSÊN TF LPUFM OBDIÃ[Î WF TUZLV
TQPUSVCÎNPDIMB[FOÝNW[EVDIFNWTUVQVKÎDÎN
[WOLJKØÎIPQSPTUǥFEÎ+FJ[PMPWBOÊDFMÊWÝGVLPWÊ
QPUSVCÎLSPNLJLPMFOBOBWÝTUVQV[SP[EWPKLZ
BCZ TF TOÎßJMP SP[QUZMPWÃOÎ UFQMB W QPUSVCÎ B
[BCSÃOJMPUWPSCLJLPOEFO[ÃUVTQBMJO
1P[OÃNLB1ǥJJOTUBMBDJJ[PMPWBOÊIPQPUSVCÎKF
OVUOÊLBßEÊEWBNFUSZJOTUBMPWBUUBIPWÝQÃTT
INPßEJOLPV
/# X D[BTJF JOTUBMBDKJ QS[FXPEÓX OBMFǻZ
JOTUBMPXBǀDPNFUSZ[BDJTLXSB[[LPLJFN
r ,POêHVSBDF UZQV # T PUFWǥFOPV LPNPSPV B
VNLJMÝNUBIFN
r ,POGJHVSBDKB UZQV # [ PUXBSUƾ LPNPSƾ J
XZNVT[POZNPCJFHJFN
1P TFKNVUÎ LSBKOÎIP V[ÃWLJS OB W[EVDIPULJTOÊ
LPNPǥF B QPNPDÎ TPVQSBWZ LSZUV WPMJUFMOÊ
KF
W[EVDI OBTÃWÃO QǥÎNP [ QSPTUǥFEÎ LEF KF LPUFM
JOTUBMPWÃO B LPVǥ KF PEWÃELJO EP KFEOPEVDIÊIP
LPNÎOBOFCPQǥÎNPEPWFOLPWOÎIPQSPTUǥFEÎ
,PUFMKFWUÊUPLPOêHVSBDJQPEMFQPLZODzQSPNPOUÃß
0CSœ
LMBTJêLPWÃOKBLPLPUFMUZQV#
6UÊUPLPOêHVSBDF
KFW[EVDIOBTÃWÃOQǥÎNP[QSPTUǥFEÎLEFKFLPUFM
JOTUBMPWÃO1SPUPKFOVUOÊIPJOTUBMPWBUQPV[FEP
OFVTUÃMFWLJUSBOÝDINÎTUOPTUÎ
;EFKNVKƾD CPD[OF [BUZD[LJ LPNPSZ TQBMJO J
QPTVHVKƾD TJNj [FTUBXFN QPLSZXPXZN PQDKB
[BTZTBOJF QPXJFUS[B [BDIPE[J CF[QPǧSFEOJP [
QPNJFT[D[FOJBXLUÓSZNLPDJPKFTU[BJOTUBMPXBOZ
B TQBMJOZ Tƾ PEQSPXBE[BOF CF[QPǧSFEOJP OB
[FXOƾUS[4LPOêHVSPXBOZXUFOTQPTÓCJXFEVH
[BMFDFǝ NPOUBǻPXZDI LPDJP 3ZT œ
CNjE[JFOBMFǻFǀEPLMBTZ#
,POêHVSBDKBKFTUOBTUNjQVKƾDB
[BTZTBOJF QPXJFUS[B OBTUNjQVKF CF[QPǧSFEOJP [
QPNJFT[D[FOJB X LUÓSZN KFTU [BJOTUBMPXBOF
VS[ƾE[FOJF 1PNJFT[D[FOJF QPXJOOP QPTJBEBǀ
TUBƾXFOUZMBDKNj
PEQSPXBE[BOJFTQBMJOQPXJOOPCZǀQPƾD[POF
EPTUPTPXOFHPQPKFEZOD[FHPLPNJOBMVCLBOBV
QSPXBE[ƾDFHPCF[QPǧSFEOJPOB[FXOƾUS[
LPUZ [ PUXBSUƾ LPNPSƾ UZQV # OJF QPXJOOZ
CZǀJOTUBMPXBOFXQPNJFT[D[FOJBDIXLUÓSZDI
PECZXBTJNjE[JBBMOPǧǀIBOEMPXBS[FNJFǧMOJD[B
MVC QS[FNZTPXB J HE[JF Tƾ PCFDOF QSPEVLUZ
NPHƾDFXZE[JFMBǀPQBSZMVCTVCTUBODKFMPUOFOQ
PQBSZLXBTPXFLMFKFMBLJFSZSP[QVT[D[BMOJLJ
QBMJXBJUQ
MVCTVCTUBODKFQZMOFOQQPDIPE[ƾDF
[ PCSÓCLJ ES[FXB LVS[ XNjHJFMOZ DFNFOUPXZ
JUQ
LUÓSF NPHZCZ VT[LPE[Jǀ LPNQPOFOUZ
VS[ƾE[FOJB J TQPXPEPXBǀ KFHP OJFQSBXJEPXF
E[JBBOJF
LPVǥ KF UǥFCB PEWÃELJU WMBTUOÎN KFEOPEVDIÝN
LPNÎOFNOFCPQǥÎNPEPWFOLPWOÎBUNPTGÊSZ
LPUMF T PUFWǥFOPV LPNPSPV UZQV # OFTNÎ CÝU
JOTUBMPWÃOZ W NÎTUOPTUFDI LEF KF WZWÎKFOB
QSDzNZTMPWÃǁJOOPTUVNLJMFDLÃOFCPLPNFSǁOÎ
ǁJOOPTU QǥJ LUFSÊ W[OJLBKÎ WÝQBSZ OFCP ULJLBWÊ
MÃULZ WÝQBSZ LZTFMJO MFQJEFM CBSFW ǥFEJEFM
IPǥMBWJO BQPE
OFCP QSBDI OBQǥ QSBDI QP
DIÃ[FKÎDÎ [F [QSBDPWÃOÎ EǥFWB VIFMOÝ QSBDI
DFNFOUPWÝ QSBDI BQPE
LUFSÊ NPIPV ØLPEJU
QSWLDzN[BǥÎ[FOÎBOBSVØJUKFIPǁJOOPTU
1ǥJ JOTUBMBDJ WF WOJUǥOÎN QSPTUǥFEÎ W LPOêHVSBDJ
UZQV#KFQPWJOOPTUÎJOTUBMPWBUQǥÎTMVØOPVTPVQSBWV
IPSOÎIPLSZUVTQPMVTTPVQSBWPVWÝGVLVTQBMJO
+FUFEZOVUOÊSFTQFLUPWBUQMBUOÊUFDIOJDLÊOPSNZ
.POUBǻ LPUB UZQV # X QPNJFT[D[FOJV XZNBHB
PCPXJƾ[LPXFHP [BJOTUBMPXBOJB [FTUBXV HÓSOFK
QPLSZXZ ƾD[OJF [ [FTUBXFN PEQSPXBE[BOJB
TQBMJO/BMFǻZQS[FTUS[FHBǀPCPXJƾ[VKƾDZDIOPSN
UFDIOJD[OZDI
$
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
Stránka 28 z 62
&4
1-
$;
4"-*%"%&)6.04"53"7­4%&-
$0/%6$50%&&7"$6"$*¶/%&
)6.04$)*.&/&"
-BTBMJEBEFIVNPTOPEFCFDPOFDUBSTFBVODPOEVDUP
EF FWBDVBDJÓO EF IVNPT DPMFDUJWP SBNJêDBEP EF
UJQP USBEJDJPOBM -B TBMJEB EF IVNPT TÎ QVFEF TFS
DPOFDUBEBBVODPOEVDUPEFFWBDVBDJÓOEFIVNPT
DPMFDUJWP FTQFDJBM UJQP -"4 -PT DPOEVDUPT EF
FWBDVBDJÓO EF IVNPT EFCFO TFS EJTFÒBEPT EF
BDVFSEPDPOMPTNÊUPEPTEFDÃMDVMPZMBTFTQFDJê
DBDJPOFTOPSNBUJWBTTJFNQSFQPSQFSTPOBMUÊDOJDP
QSPGFTJPOBMNFOUFDVBMJêDBEP-BTTFDDJPOFTEFMBT
DIJNFOFBTZDPOEVDUPTEFFWBDVBDJÓOEFIVNPTB
MPTRVFTFDPOFDUBFMUVCPEFTBMJEBEFIVNPTEFCFO
DVNQMJSMPTSFRVJTJUPTOPSNBUJWPT
0%1308"%;&/*&41"-*/8
4:45&.*&,0.*/08:.,0.*/*&
4ZTUFN PEQSPXBE[FOJB TQBMJO OJF NVTJ CZǀ
QPEƾD[POZ EP USBEZDZKOFK [CJPSD[FK JOTUBMBDKJ
LPNJOPXFK 4ZTUFN PEQSPXBE[FOJB TQBMJO NPǻF
CZǀQPEƾD[POZEPT[D[FHÓMOFK[CJPSD[FKJOTUBMBDKJ
LPNJOPXFK UZQV -"4 *OTUBMBDKF LPNJOPXF
NPHƾ CZǀ [BQSPKFLUPXBOF TQFDKBMOJF [HPEOJF [
NFUPEPMPHJƾPCMJD[FOJBPSB[XZNPHBNJOPSNZ
QS[F[XZLXBMJêLPXBOFHPUFDIOJLB
1S[FLSPKF LPNJOB MVC JOTUBMBDKJ LPNJOPXFK EP
LUÓSFKQPEƾD[POBCNjE[JFSVSBTQVTUPXBQPXJOOZ
CZǀ[HPEOF[QS[FQJTBN
0%70%,06Ƥ&%0,06Ƥ070%6
,0.±/"
0EWPE LPVǥF OFTNÎ CÝU QǥJQPKFO LF TQPMFǁOÊNV
SP[WLJUWFOÊNV LPVǥPWPEV USBEJǁOÎIP UZQV 0EWPE
LPVǥFNVTÎCÝUQǥJQPKFOLF[WMÃØUOÎNVTQPMFǁOÊNV
LPVǥPWPEVUZQV-"4,PVǥPWPEZNVTÎCÝUWÝTMPWOLJ
LPOTUSVPWÃOZQPEMFNFUPEPMPHJFWÝQPǁUVB[ÃLPO
OÝDIQǥFEQJTDzUFDIOJDLÝNJQSBDPWOÎLZTPECPSOPV
LWBMJGJLBDÎ ƀÃTUJ LPNÎODz OFCP LPVǥPWPEDz LF
LUFSÝNTFQǥJQPKÎWÝGVLPWÃTQBMJOPWÃSPVSBNVTÎ
PEQPWÎEBUQPßBEBWLDzNOPSNZ
$"/"-*;"$*¶/%&)6.04&/$)*њ
.&/&"4:"&9*45&/5&4
.FEJBOUF VO BEFDVBEP iTJTUFNB EF DBOBMJ[BDJÓO
EF IVNPTu FT QPTJCMF BQSPWFDIBS DIJNFOFBT
DPOEVDUPT EF FWBDVBDJÓO EF IVNPT Z BCFSUVSBT
UÊDOJDBT ZB FYJTUFOUFT QBSB MB FWBDVBDJÓO EF MPT
QSPEVDUPT EF DPNCVTUJÓO EF MB DBMEFSB 1BSB MB
DBOBMJ[BDJÓOEFIVNPTEFCFOVUJMJ[BSTFDPOEVDUPT
EFDMBSBEPTJEÓOFPTQPSFMGBCSJDBOUFSFTQFUBOEPMBT
JOEJDBDJPOFTEFJOTUBMBDJÓOZFNQMFPEFMGBCSJDBOUF
ZMBTFTQFDJêDBDJPOFTOPSNBUJWBT
$0/%6$504%&&7"$6"$*¶/%&
)6.04$)*.&/&"4:40.#3&3&њ
5&4
-PT DPOEVDUPT EF IVNPT MBT DIJNFOFBT Z MPT
TPNCSFSFUFT QBSB MB FWBDVBDJÓO EF MPT QSPEVDUPT
EFMBDPNCVTUJÓOEFCFODVNQMJSMPTSFRVJTJUPTEF
MBTOPSNBTEFBQMJDBDJÓO
13;:450408"/*&*45/*&+Ž$:$)
,0.*/¶8
; QPNPDƾ TQFDKBMOFHP TZTUFNV PSVSPXBOJB
JTUOJFKƾDFLPNJOZJOTUBMBDKFLPNJOPXFPSB[PUXPSZ
UFDIOJD[OFNPǻOBXZLPS[ZTUBǀEPPEQSPXBE[BOJB
QSPEVLUÓXTQBMBOJBXLPUMF"CZXZLPOBǀPSV
SPXBOJFOBMFǻZVǻZǀQS[FXPEÓXJEFOUZD[OZDI[
PLSFǧMPOZNJQS[F[QSPEVDFOUBJQPTUNjQPXBǀ[HPE
OJF[FTQPTPCFNJOTUBMBDKJJFLTQMPBUBDKJQPEBOZNJ
QS[F[TBNFHPQSPEVDFOUBPSB[XZNPHBNJOPSNZ
,"/"Š:%:./&,0.*/:*
,0.*/,*
,BOBZ EZNOF LPNJOZ J LPNJOLJ TVǻƾDZ EP
PEQSPXBE[BOJBTQBMJOQPXJOOZTQFOJBǀXZNBHBOJB
QPEBOFXTUPTPXOZDIQS[FQJTBDI
-PLBMJ[BDKB LPǝDÓXFL DJƾHV ,PǝDÓXLJ DJƾHV
QPXJOOZ
[OBKEPXBǀ TJNj OB ǧDJBOBDI [FXONjUS[OZDI
CVEZOLV
4JUVBDJÓOEFMPTUFSNJOBMFTEFUJSP-PTUFSNJOBMFT
EFUJSPEFCFO
FTUBSTJUVBEPTFOMBTQBSFEFTQFSJNFUSBMFTFYUFS
OBTEFMFEJêDJP
CZǀVNJFT[D[POFXUBLJTQPTÓCBCZPEMFHPǧDJ
CZZ [HPEOF [ XBSUPǧDJBNJ NJOJNBMOZNJ
XTLB[BOZ NJ X PC PXJƾ[VKƾDFK OPS NJF
UFDIOJD[OFK
FTUBS TJUVBEPT EF GPSNB RVF TF SFTQFUFO MBT
EJTUBODJBTNÎOJNBTJOEJDBEBTQPSMBOPSNBUJWB
UÊDOJDBWJHFOUF
0EQSPXBE[BOJFQSPEVLUÓXTQBMBOJB[VS[ƾE[Fǝ
PDJƾHVOBUVSBMOZNQPQS[F[[BNLOJNjUƾQS[FTUS[Fǝ
EPBUNPTGFSZ8QS[FTUS[FOJBDI[BNLOJNjUZDI[F
XT[ZTULJDI TUSPO J XZDIPE[ƾDZDI EP BUNPTGFSZ
T[ZCZ XFOUZMBDZKOF X LPQBMOJBDI LPSZUBS[BDI
JUQ
EPQVT[D[B TJNj CF[QPǧSFEOJF PEQSPXBE[BOJF
QSPEVLUÓXTQBMBOJB[VS[ƾE[FǝHB[PXZDIPDJƾHV
OBUVSBMOZNMVCXZNVT[POZNPSB[NPDZDJFQMOFK
NJNjE[ZBL8QPEXBSVOLJFNQS[FTUS[FHBOJB
XBSVOLÓXPCPXJƾ[VKƾDFKOPSNZUFDIOJD[OFK
&WBDVBDJÓOEFMPTQSPEVDUPTEFMBDPNCVTUJÓOFO
BQBSBUPTDPOUJSPGPS[BEPFOFTQBDJPTDFSSBEPTB
DJFMPBCJFSUP&OFTQBDJPTBDJFMPBCJFSUPDFSSBEPT
MBUFSBMNFOUF EF GPSNB DPNQMFUB QP[PT EF WFO
UJMBDJÓO QBUJPT EF MVDFT QBUJPT Z TJNJMBSFT
FTUÃ
QFSNJUJEBMBFWBDVBDJÓOEJSFDUBEFMPTQSPEVDUPTEF
MBDPNCVTUJÓOEFBQBSBUPTBHBTDPOUJSPOBUVSBMP
GPS[BEPZDBVEBMUÊSNJDPFOUSFZL8TJFNQSF
RVF TF DVNQMBO MPT SFRVJTJUPT EF MB OPSNBUJWB
UÊDOJDBWJHFOUF
--&/"%0%&-"*/45"-"$*¶/
6OBWF[DPOFDUBEBMBDBMEFSBQSPDFEFSBMMMFOBEPEFMB
JOTUBMBDJÓOBUSBWÊTEFMHSJGPEFMMFOBEP'JH
&MMMFOBEPEFCFTFSFGFDUVBEPMFOUBNFOUFQBSBRVF
MBTCVSCVKBTDPOUFOJEBTFOFMBHVBQVFEBOMJCFSBSTF
ZTBMJSBUSBWÊTEFMPTQVSHBEPSFTEFMBDBMEFSBZEF
MBJOTUBMBDJÓOEFDBMFGBDDJÓO
-BDBMEFSBUJFOFJODPSQPSBEBVOBWÃMWVMBEFQVSHB
BVUPNÃUJDBRVFTFFODVFOUSBFOFMWBTPEFFYQBOTJÓO
TJUVBEPBMMBEPEFMBDÃNBSBFTUBODB$POUSPMBSRVF
MBDBQFSV[BFTUÊBëPKBEB"CSJSMBTWÃMWVMBTEFQVSHB
EFMPTSBEJBEPSFT
-BT WÃMWVMBT EF QVSHB EF MPT SBEJBEPSFT EFCFO
DFSSBSTFDVBOEPTÓMPTBMFBHVB
&M HSJGP EF MMFOBEP EFCF DFSSBSTF DVBOEP FM
NBOÓNFUSP EF MB DBMEFSB JOEJDB CBS BQSPYJ
NBEBNFOUF
*NQPSUBOUF EVSBOUF FTUBT PQFSBDJPOFT QPOFS FO
GVODJPOBNJFOUPMBCPNCBEFDJSDVMBDJÓOBJOUFS
WBMPT B USBWÊT EFM JOUFSSVQUPS HFOFSBM TJUVBEP FO
FMQBOFM1VSHBSMBCPNCBEFDJSDVMBDJÓOEFTFOSPT
DBOEPFMUBQÓOBOUFSJPSZNBOUFOJFOEPFMNPUPSFO
GVODJPOBNJFOUP
$FSSBSFMUBQÓODVBOEPTFIBZBêOBMJ[BEP
16&45"&/4&37*$*0%&-"*/45"њ
-"$*¶/%&("4
1BSB MB QVFTUB FO TFSWJDJP EF MB JOTUBMBDJÓO FT
OFDFTBSJP
BCSJSWFOUBOBTZQVFSUBT
/"1&Š/*"/*&*/45"-"$+*
1P QPEƾD[FOJV LPUB OBMFǻZ QS[ZTUƾQJǀ EP
OBQFOJBOJBJOTUBMBDKJQPQS[F[[BXÓSOBQFOJBKƾDZ
3ZT
/BQFOJBǀOBMFǻZQPXPMJXUBLJTQPTÓCBCZ
QNjDIFS[ZLJQPXJFUS[B[BXBSUFXXPE[JFNPHZTJNj
VXPMOJǀJXZEPTUBǀQPQS[F[PUXPSZXFOUZMBDZKOF
LPUBPSB[JOTUBMBDKJHS[FXD[FK
,PDJP NB XCVEPXBOZ BVUPNBUZD[OZ [BXÓS
XZMPUPXZVNJFT[D[POZOBQPNQJF/BMFǻZTQSBXE[Jǀ
D[ZOBTBELBOJFKFTUQPMV[PXBOB0UXPS[Zǀ[BXPSZ
PEQPXJFUS[BKƾDFXHS[FKOJLBDI
;BXPSZ PEQPXJFUS[BKƾDF X HS[FKOJLBDI OBMFǻZ
[BNLOƾǀHEZXZDIPE[J[OJDIKFEZOJFXPEB;BXÓS
OBQFOJFOJBOBMFǻZ[BNLOƾǀHEZNBOPNFUSLPUB
XTLB[VKFPLCBS
/#8 D[BTJF UZDI D[ZOOPǧDJ OBMFǻZ D[BTPXP
XƾD[BǀQPNQNjPCJFHPXƾOBXZƾD[OJLVPHÓMOZN
VNJFT[D[POZNOBUBCMJDZSP[E[JFMD[FK0EQPXJFUS[Zǀ
QPNQNjPCJFHPXƾPELSNjDBKƾDUZMOZ[BXÓSJVUS[ZNVKƾD
QSBDNjTJMOJLB
1PUFKD[ZOOPǧDJQS[ZLSNjDJǀ[BXÓS
636$)0.*&/*&*/45"-"$+*
(";08&+
"CZVSVDIPNJǀJOTUBMBDKNjHB[PXƾOBMFǻZ
PUXPS[ZǀPLOBJES[XJ
VOJLBǀJTLJFSPSB[XPMOFHPPHOJB
PEQPXJFUS[ZǀSVSZ
TQSBXE[Jǀ T[D[FMOPǧǀ JOTUBMBDKJ [HPEOJF [
PEQPXJFEOJNJOPSNBNJ
FWJUBSDIJTQBTZMMBNBTEFTOVEBT
QVSHBSFMBJSFDPOUFOJEPFOMBTUVCFSÎBT
DPOUSPMBS MB FTUBORVFJEBE EF MB JOTUBMBDJÓO
JOUFSOBEFBDVFSEPDPOMBTJOEJDBDJPOFTEFMBT
OPSNBUJWBT
Stránka 29 z 62
7:7&%&/±41"-*/%0&9*456+±$±$)
,0.±/Ʊ
1PNPDÎTQFDJÃMOÎIPJOUVCBǁOÎIPTZTUÊNVKFNPßOÊ
QSPPEWPETQBMJOLPUMFWZVßÎUTUÃWBKÎDÎDILPNÎODz
LPVǥPWPEDzOFCPLPVǥPWÝDIWÝWPEDz,JOUVCBDJKF
OVUOÊQPVßÎUQPUSVCÎLUFSÊWÝSPCDFV[OÃWÃ[BWIP
EOÊQSPUFOUPÙǁFMQPEMF[QDzTPCVJOTUBMBDFBQPVßJUÎ
LUFSÊVWÃEÎBQMBUOÝDIQǥFEQJTDzBOPSFN
,06Ƥ070%:,0.±/:",0.±/07­
/¦45"7$&
,PVǥPWPEZ LPNÎOZ B LPNÎOPWÊ OÃTUBWDF QSP
PEWPE TQBMJO NVTÎ PEQPWÎEBU QPßBEBWLDzN QMBU
OÝDIOPSFN
6NÎTULJOÎ UBIPWÝDI LPODPWÝDI LVTDz 5BIPWÊ
LPODPWÊLVTZNVTÎ
CÝU VNÎTULJOZ OB WOLJKØÎDI PCWPEPWÝDI [EFDI
CVEPWZ
CÝUVNÎTULJOZUBLBCZW[EÃMFOPTUJSFTQFLUPWBMZ
NJOJNÃMOÎIPEOPUZVWFEFOÊWQMBUOÊUFDIOJDLÊ
TNLJSOJDJ
0EWPE TQBMJO [BǥÎ[FOÎ T OVDFOÝN UBIFN W
V[BWǥFOÝDI QSPTUPSÃDI QPE PUFWǥFOÝN OFCFN
7 QSPTUPSÃDI QPE PUFWǥFOÝN OFCFN V[BWǥFOÝDI
[FWØFDITUSBOWLJUSBDÎØBDIUZTWLJUMÎLZEWPSZBQPE
KF QPWPMFOÝ QǥÎNÝ PEWPE QSPEVLUDz TQBMPWÃOÎ [F
[BǥÎ[FOÎ OB TQBMPWÃOÎ QMZOV T QǥJSP[FOÝN OFCP
OVDFOÝN UBIFN B WÝIǥFWOPTUÎ OBE EP L8
QPLVECVEPVEPESßFOZQPENÎOLZQMBUOÊUFDIOJDLÊ
TNLJSOJDF
1-/Ɔ/±;"Ƥ±;&/±
1P QǥJQPKFOÎ LPUMF QǥJTUVQUF L OBQMOLJOÎ TZTUÊNV
QPNPDÎQMOJDÎIPLPIPVUV0CS
1MOLJOÎKFUǥFCBQSPWÃELJUQPNBMVBCZTFVWPMOJMZ
W[EVDIPWÊCVCMJOZPCTBßFOÊWFWPELJBW[EVDITF
WZQVTUJM[QSDzEVDIDzLPUMFBPIǥÎWBDÎIP[BǥÎ[FOÎ
7LPUMJKF[BCVEPWÃOBVUPNBUJDLÝPEW[EVØǞPWBDÎ
WFOUJM VNÎTULJOÝ OB ǁFSQBEMF ;LPOUSPMVKUF [EB
KF LMPCPVǁFL QPWPMFOÝ 0UFWǥFUF PEW[EVØǞPWBDÎ
WFOUJMZSBEJÃUPSDz
0EW[EVØǞPWBDÎWFOUJMZSBEJÃUPSDzTFV[BWǥPVLEZß
[BǁOF WZUÊLBU QPV[F WPEB1MOJDÎ WFOUJM TF [BWǥF
LEZß NBOPNFUS LPUMF VLB[VKF IPEOPUV QǥJCMJßOLJ
CBSDz
1P[OÃNLB1ǥJULJDIUPPQFSBDÎDITQPVØULJKUFPCLJIPWÊ
ǁFSQBEMP W JOUFSWBMFDI QPNPDÎ IMBWOÎIP WPMJǁF
VNÎTULJOÊIPOBQǥÎTUSPKPWÊEFTDF0CLJIPWÊǁFSQBEMP
PEW[EVØOLJUF WZØSPVCPWÃOÎN QǥFEOÎIP V[ÃWLJSV B
VESßFOÎNNPUPSVWǁJOOPTUJ
1PEPLPOǁFOÎPQFSBDFV[ÃWLJS[BØSPVCVKUF[QLJU
67&%&/±1-:/07­)0;"Ƥ±;&/±%0
13070;6
1ǥJVWÃELJOÎ[BǥÎ[FOÎEPQSPWP[VKFOVUOÊ
PUFWǥÎUPLOBBEWFǥF
[BCSÃOJUW[OJLVKJTLFSBPUFWǥFOÊIPQMBNFOF
QǥJTUPVQJU L WZǁJØULJOÎ W[EVDIV PCTBßFOÊIP W
QPUSVCÎ
[LPOUSPMPWBU ULJTOPTU WOJUǥOÎIP [BǥÎ[FOÎ QPEMF
QPLZODzTUBOPWFOÝDIOPSNPV
&4
1-
$;
16&45"&/4&37*$*0%&-"
$"-%&3"ю&/$&/%*%0я
1BSBQPEFSFNJUJSMB%FDMBSBDJÓOEF$POGPSNJEBE
QSFWJTUBQPSMB-FZFTOFDFTBSJPRVFTFSFBMJDFOMPT
TJHVJFOUFTDPOUSPMFTBOUFTEFSFRVJTJUPTOFDFTBSJPT
QBSBMBQVFTUBFOTFSWJDJPEFMBDBMEFSB
DPOUSPMBS MB FTUBORVFJEBE EF MB JOTUBMBDJÓO
JOUFSOBEFBDVFSEPDPOMBTJOEJDBDJPOFTEFMBT
OPSNBUJWBT
636$)0.*&/*&,05Š"
ю8ŠŽ$;&/*&я
8DFMVTQFOJFOJBXZNPHÓXQSBXOZDI%FLMBSBDKJ
;HPEOPǧDJ OBMFǻZ QS[FTUS[FHBǀ OBTUNjQVKƾDZDI
XTLB[BǝEPUZD[ƾDZDIVSVDIPNJFOJBLPUB
TQSBXE[Jǀ T[D[FMOPǧǀ XFXONjUS[OFK JOTUBMBDKJ
XFEVH[BMFDFǝQPEBOZDIXOPSNJF
67&%&/±,05-&%013070;6
ю;"1/65±я
"CZ CZMP NPßOÊ EPTÃIOPVU WZEÃOÎ QSPIMÃØFOÎ
P TIPELJ QPßBEPWBOÊIP [ÃLPOFN KF QPUǥFCB QǥJ
VWÃELJOÎLPUMFEPQSPWP[VQSPWÊTUOÃTMFEVKÎDÎ
[LPOUSPMPWBU ULJTOPTU WOJUǥOÎIP [BǥÎ[FOÎ QPEMF
QPLZODzTUBOPWFOÝDIOPSNPV
TQSBXE[Jǀ [HPEOPǧǀ [BTUPTPXBOFHP HB[V [
SPE[BKFN HB[V EP KBLJFHP QS[ZTUPTPXBOZ KFTU
LPDJP
[LPOUSPMPWBU[EBQPVßJUÝQMZOPEQPWÎEÃUPNV
QSPLUFSÝKFLPUFMVSǁFO
DPNQSPCBSRVFFMHBTVUJMJ[BEPFTEFMUJQPQSFWJTUP
QBSBMBDBMEFSB
QPOFSFONBSDIBMBDBMEFSBZDPNQSPCBSRVFFM
FODFOEJEPFTDPSSFDUP
DPNQSPCBSRVFFMDBVEBMEFHBTZMBTQSFTJPOFTDP
SSFTQPOEJFOUFTTFBODPOGPSNFTDPOMBTJOEJDBEBT
FOFMNBOVBM"QEP
DPNQSPCBSRVFFMEJTQPTJUJWPEFTFHVSJEBEBDUÙB
FODBTPEFGBMUBEFHBTZRVFFMUJFNQPEFFTUB
BDUVBDJÓOFTDPSSFDUP
DPNQSPCBSFMGVODJPOBNJFOUPEFMPTJOUFSSVQUPSFT
HFOFSBMFTTJUVBEPTFOUSBNPFMÊDUSJDPBOUFSJPSEF
MBDBMEFSBZFOMBNJTNBDBMEFSB
DPNQSPCBS RVF FM UFSNJOBM DPODÊOUSJDP EF BT
QJSBDJÓOEFTDBSHB TJ TF IB NPOUBEP
OP FTUÊ
PCTUSVJEP
4JFMSFTVMUBEPEFVOPEFFTUPTDPOUSPMFTGVFSBOFHB
UJWPMBDBMEFSBOPEFCFTFSQVFTUBFOTFSWJDJP
*NQPSUBOUF FM DPOUSPM JOJDJBM EF MB DBMEFSB EFCF
TFSFGFDUVBEPQPSVOUÊDOJDPIBCJMJUBEP&MQMB[PEF
HBSBOUÎBEFMBDBMEFSBJOJDJBFMEÎBRVFFTFGFDUVBEP
FMDPOUSPM
&MDFSUJêDBEPEFDPOUSPMZHBSBOUÎBFTFOUSFHBEPBM
VTVBSJP
XƾD[Zǀ LPDJP J TQSBXE[Jǀ QPQSBXOPǧǀ
[BQPOV
TQSBXE[JǀD[ZQS[FQZXHB[VPSB[KFHPDJǧOJFOJF
Tƾ [HPEOF [F XTLB[BOJBNJ JOTUSVLDKJ QBUS[
SP[E[
TQSBXE[JǀD[ZQS[FQZXHB[VPSB[KFHPDJǧOJFOJF
Tƾ [HPEOF [F XTLB[BOJBNJ JOTUSVLDKJ QBUS[
SP[E[
TQSBXE[Jǀ E[JBBOJF XZƾD[OJLB HÓXOFHP
VNJFT[D[POFHPQS[FELPUFNPSB[OBLPUMF
[BQOPVU LPUFM B [LPOUSPMPWBU TQSÃWOPTU
[BQÃMFOÎ
[LPOUSPMPWBU [EB QSDzUPL QMZOV B QǥÎTMVØOÊ
UMBLZKTPVWTPVMBEVTIPEOPUBNJVWFEFOÝNJW
QǥÎSVǁDF0ETUBWFD
[LPOUSPMPWBU [EB CF[QFǁOPTUOÎ [BǥÎ[FOÎ QSP
QǥÎQBEBCTFODFQMZOVQSBDVKFTQSÃWOLJBEPCV
[BLUFSPV[BTÃIOF
[LPOUSPMPWBU[ÃTBIIMBWOÎIPTQÎOBǁFVNÎTULJOÊIP
OBLPUMJ
TQSBXE[JǀD[ZLPǝDÓXLBLPODFOUSZD[OB[BTZTBOJB
PEQSPXBE[BOJBKFǻFMJPCFDOB
OJFKFTU[BULBOB
[LPOUSPMPWBU[EBOBTÃWBDÎBWÝGVLPWÝLPODFOUSJDLÝ
LPODPWÝLVTWQǥÎQBELJßFKFKÎNLPUFMWZCBWFO
OFOÎVDQBOÝ
+FǧMJ OBXFU KFEFO XZOJL UBLJDI LPOUSPMJ CNjE[JF
OFHBUZXOZOJFXPMOPVSVDIBNJBǀLPUB
1PLVEKFOKFEOBUBUPLPOUSPMBCVEFNÎUOFHBUJWOÎ
WÝTMFEFLLPUFMOFTNÎCÝUVWFEFOEPQSPWP[V
/# 1JFSXT[ƾ LPOUSPMNj LPUB QPXJOJFO
QS[FQSPXBE[Jǀ XZLXBMJGJLPXBOZ UFDIOJL
(XBSBODKBLPUBQZOJFPEEBUZLPOUSPMJƦXJBEFDUXP
LPOUSPMJXTUNjQOFKPSB[HXBSBODKBTƾXZEBXBOF
VǻZULPXOJLPXJ
1P[OÃNLB ÙWPEOÎ LPOUSPMV LPUMF NVTÎ QSPWÊTU
LWBMJGJLPWBOÝ UFDIOJL ;ÃSVLB OB LPUFM QPǁÎOÃ
QMZOPVUPEEBUBUÊUPLPOUSPMZ
0TWLJEǁFOÎ P LPOUSPMF B [ÃSVDF CVEF WZEÃOP
VßJWBUFMJ
Stránka 30 z 62
&4
1-
$;
#0.#"%&$*3$6-"$*¶/
-BT DBMEFSBT EF MB TFSJF ;FVT 4VQFSJPS L8 FTUÃO
FRVJQBEBT DPO VO DJSDVMBEPS JODPSQPSBEP DPO
SFHVMBEPSFMÊDUSJDPEFWFMPDJEBEEFUSFTQPTJDJPOFT
$POFMDJSDVMBEPSFOQSJNFSBWFMPDJEBEMBDBMEFSB
OPGVODJPOBDPSSFDUBNFOUF1BSBPCUFOFSFMGVODJP
OBNJFOUPÓQUJNPEFMBDBMEFSBFTBDPOTFKBCMFFO
JOTUBMBDJPOFTOVFWBTNPOPUVCPZNPEVMBS
QPOFS
MB CPNCB EF DJSDVMBDJÓO B NÃYJNB WFMPDJEBE &M
DJSDVMBEPSEJTQPOFEFDPOEFOTBEPS
10.1"0#*&(08"
,PUZ TFSJJ ;FVT 4VQFSJPS L8 Tƾ XZQPTBǻPOF XF
XCVEPXBOƾQPNQNjPCJFHPXƾ[USÓKQP[ZDZKOZN
FMFLUSZD[OZN SFHVMBUPSFN QSNjELPǧDJ PCSPUÓX
1JFSXT[BQSNjELPǧǀKFTUPESBE[BOBX[XJƾ[LV[
OJTLƾXZEBKOPǧDJƾ"CZ[BQFXOJǀPQUZNBMOƾQSBDNj
LPUBXOPXZDIJOTUBMBDKBDIQPKFEZOD[ZDIMVC
NPEVMBSOZDI
OBMFǻZTUPTPXBǀNBLTZNBMOFPCSPUZ
QPNQZ PCJFHPXFK US[FDJB QSNjELPǧǀ
1PNQB
PCJFHPXBKFTUKVǻXZQPTBǻPOBXLPOEFOTBUPS
0#Ɔ)07­ƀ&31"%-0
,PUMF TÊSJF ;FVT 4VQFSJPS L8 TF EPEÃWBKÎ T KJß
[BCVEPWBOÝNǁFSQBEMFNTFMFLUSJDLÝNSFHVMÃUPSFN
SZDIMPTUJTFUǥFNJQPMPIBNJ1PVßJUÎQSWOÎSZDIMPTUJ
TF OFEPQPSVǁVKF QSPUPßF [BǥÎ[FOÎ QBL OFQSBDVKF
TQSÃWOLJ $IDFUFMJ EPTÃIOPVU OFKMFQØÎIP WÝLPOV
LPUMFEPQPSVǁVKFNFVOPWÝDI[BǥÎ[FOÎNPOPUVCVT
BNPEVM
QPVßÎWBUPCLJIPWÊǁFSQBEMPOBTUBWFOÊOB
OFKWZØØÎSZDIMPTUUǥFUÎSZDIMPTU
0CLJIPWÊǁFSQBEMP
KFKJßWZCBWFOPLPOEFO[ÃUPSFN
%FTCMPRVFPEFMBCPNCB4JUSBTVOMBSHPQFSJPEP
EFJOBDUJWJEBEFMDJSDVMBEPSTFIVCJFSBCMPRVFBEP
TFSÃOFDFTBSJPEFTFOSPTDBSFMUBQÓOBOUFSJPSZHJSBS
DPO MB BZVEB EF VO EFTUPSOJMMBEPS FM FKF NPUPS
&GFDUVBSFTUBPQFSBDJÓODPONVDIPDVJEBEPQBSB
OPEBÒBSFTUFÙMUJNP
&XFOUVBMOF PECMPLPXBOJF QPNQZ +FǧMJ QP
EVǻT[ZNPLSFTJFCF[D[ZOOPǧDJQPNQBPCJFHPXB
[PTUBOJF[BCMPLPXBOBLPOJFD[OFKFTUPELSNjDFOJF
UZMOFHP[BXPSVJQPSVT[BOJFǧSVCPLSNjUFNXBV
TJMOJLB8ZLPOBǀD[ZOOPǧǀ[BDIPXVKƾDNBLTZNBMOƾ
PTUSPǻOPǧǀBCZOJFVT[LPE[JǀQPNQZ
1ǥÎQBEOÊ PECMPLPWÃOÎ ǁFSQBEMB +FTUMJßF KF
QP EMPVIÊ QǥFTUÃWDF ǁFSQBEMP [BCMPLPWBOÊ KF
OVUOÊ WZØSPVCPWBU QǥFEOÎ V[ÃWLJS B QPNPDÎ
ØSPVCPWÃLVPUPǁJUIǥÎEFMFNNPUPSV5FOUPQPTUVQ
QSPWÃELJKUFKFOTOFKWLJUØÎPQBUSOPTUÎBCZTUFIǥÎEFM
OFQPØLPEJMJ
"$6.6-"%031"3""(6"
$"-*&/5&4"/*5"3*"
&M BDVNVMBEPS ;FVT 4VQFSJPS L8 UJFOF MJUSPT
EF DBQBDJEBE %FOUSP TF FODVFOUSB VO UVCP EF
JOUFSDBNCJP UÊSNJDP EF BDFSP JOPYJEBCMF EF VOB
DJFSUBMPOHJUVEZFOSPMMBEPFOGPSNBEFTFSQFOUÎO
RVFQFSNJUFSFEVDJSDPOTJEFSBCMFNFOUFFMUJFNQP
OFDFTBSJPQBSBQSPEVDJSBHVBDBMJFOUF-PTBDVNVMB
EPSFTFTUÃOGBCSJDBEPTDPODBNJTBZGPOEPEFBDFSP
*/09*%"#-&RVFHBSBOUJ[BOTVMBSHBEVSBDJÓO
&MFOTBNCMBKFEFMBTQJF[BTZMBTPMEBEVSB5*(
TFIBOSFBMJ[BEPDPOMBNÃYJNBQSFDJTJÓOEFGPSNB
RVFTPOBCTPMVUBNFOUFêBCMFT
&MDPMMBSÎOEFJOTQFDDJÓOJOGFSJPSQFSNJUFFMDPOUSPM
DÓNPEPEFMBDVNVMBEPSZEFMUVCPEFJOUFSDBNCJP
EFMTFSQFOUÎOBTÎDPNPVOBGÃDJMMJNQJF[BJOUFSOB
&OMBUBQBEFMDPMMBSÎOTFFODVFOUSBOMBTDPOFYJPOFT
EFMBHVBTBOJUBSJBFOUSBEBGSÎBZTBMJEBDBMJFOUF
ZFM
UBQÓOQPSUB¦OPEPEF.BHOFTJPRVFJODMVZFÊTUF
TVNJOJTUSBEP EF TFSJF QBSB MB QSPUFDDJÓO JOUFSOB
EFM BDVNVMBEPS GSFOUF B QPTJCMFT GFOÓNFOPT EF
DPSSPTJÓO
#0+-&3$*&1Š&+80%:4"/*5"3/&+
1PEHS[FXBD[QPKFNOPǧDJPXZ;FVT4VQFSJPS,XP
QPKFNOPǧDJMJUSÓX8FXOƾUS[[OBKEVKFTJNjTUBMPXB
SVSBJOPYXZNJBOZDJFQBPXZHPEOZDIXZNJBSBDI
PXJOJNjUB XPLӐ XNjǻPXOJDZ LUÓSB VNPǻMJXJB
[OBD[OJF[SFEVLPXBOJFD[BTVQPEHS[FXBOJBXPEZ
1PEHS[FXBD[ NB PCVEPXNj J TQÓE [ OJFSE[FXOFK
TUBMJ*/09[BQFXOJBKƾDFKEVHJPLSFTǻZXPUOPǧDJ
,PNQPOFOUZ LPOTUSVLDZKOF 5*(
[PTUBZ
XZLPOBOF [F T[D[FHÓMOƾ USPTLƾ P T[D[FHӐZ J
NBLTZNBMOƾ OJF[BXPEOPǧǀ %PMOZ LPOJFS[
LPOUSPMOZVBUXJBXZHPEOƾLPOUSPMNjQPEHS[FXBD[B
JSVSZXZNJBOZDJFQBXNjǻPXOJDZPSB[XFXONjUS[OF
D[ZT[D[FOJF/B QPLSZXJF LPOJFS[B [OBKEVKƾ TJNj
QS[ZƾD[BXPEZXMPU[JNOFKXPEZJXZMPUDJFQFK
XPEZ
PSB[ [BUZD[LB PQSBXZ BOPEZ NBHOF[PXFK
ƾD[OJF [ BOPEƾ EPTUBSD[BOƾ TFSZKOJF X DFMV
[BCF[QJFD[FOJBQPEHS[FXBD[BQS[FELPSP[Kƾ
0)Ƥ±7"ƀ5&1-­6Â*5,07­70%:
0IǥÎWBǁ;FVT4VQFSJPSL8KFBLVNVMBǁOÎIPUZQV
TLBQBDJUPVMJUSDz6WOJUǥPIǥÎWBǁFKFVNÎTULJOB
QSPTUPSPWLJSP[NLJSOÃIBEPWJULJWJOVUÃUSVCLB[OFSF[
PDFMJ TMPVßÎDÎ L UFQFMOÊ WÝNLJOLJ LUFSà VNPßǞVKF
WÝSB[OLJ[LSÃUJUEPCVPIǥFWVWPEZ5ZUPPIǥÎWBǁFT
QMÃØULJNBEOFN[OFSF[PDFMJKTPV[ÃSVLPVEMPVIÊ
ßJWPUOPTUJ1PTUVQDzNQǥJNPOUÃßJBTWBǥPWÃOÎUFDI
OPMPHJÎ5*(KFWLJOPWÃOBQP[PSOPTUOFKKFNOLJKØÎN
EFUBJMDzNBCZCZMB[BSVǁFOBNBYJNÃMOÎTQPMFIMJWPTU
4QPEOÎQSDzIMFEPWÃQǥÎSVCBVNPßǞVKFQSBLUJDLPV
LPOUSPMVPIǥÎWBǁFBWÝNLJOÎLPWÊIBEPWJUÊUSVCLZB
[ÃSPWFǞQPIPEMOÊWOJUǥOÎǁJØULJOÎ/BLSZUVQǥÎSVCZ
KTPVVNÎTULJOZQǥÎQPKLZOBVßJULPWPVWPEVWTUVQOÎ
OBTUVEFOPVBWÝTUVQOÎOBUFQMPVWPEV
BV[ÃWLJS
WTUVQVNBHOÊ[JPWÊBOPEZWǁFUOLJBOPEZTBNPUOÊ
LUFSÃKFEPEÃWÃOBTÊSJPWLJ[BÙǁFMFNWOJUǥOÎPDISBOZ
IPǥÃLVQǥFELPSP[Î
/#DPSPLVOBMFǻZ[MFDJǀLPOUSPMNjTLVUFD[OPǧDJ
BOPEZNBHOF[PXFKVQSBXOJPOFNVUFDIOJLPXJOQ
TFSXJTBOUPXJBVUPSZ[PXBOFHPQVOLUV*NNFSHBT
1PEHS[FXBD[KFTUQS[ZTUPTPXBOZEPVNJFT[D[FOJB
[ƾD[BSFDZSLVMBDKJXPEZVǻZULPXFK
1P[OÃNLB +FEOPV SPǁOLJ OFDIUF LWBMJêLPWBOÝN
UFDIOJLFNOBQǥ[BVUPSJ[PWBOÊBTJTUFOǁOÎTMVßCZ
TQPMFǁOPTUJ *NNFSHBT
[LPOUSPMPWBU ÙǁJOOPTU
NBHOÊ[JPWÊBOPEZPIǥÎWBǁF0IǥÎWBǁKFVSǁFOQSP
[BTVOVUÎQǥÎQPKLZPCLJIVVßJULPWÊWPEZ
;&45"8:/";".¶8*&/*&
r ;FTUBX[BXPSÓXPEDJOBKƾDZDIOB[BNÓXJFOJF
,PDJPKFTUQS[ZTUPTPXBOZEPJOTUBMBDKJ[BXPSÓX
PEDJOBKƾDZDI LUÓSF NPǻOB [BJOTUBMPXBǀ X
SVSBDIEPQSPXBE[BKƾDZDIJ[XSPUOZDI;FTUBX
UBLJKFTUT[D[FHÓMOJFQS[ZEBUOZQS[ZLPOTFSXBDKJ
QPOJFXBǻVNPǻMJXJBPQSÓǻOJFOJFTBNFHPLPUB
CF[LPOJFD[OPǧDJPQSÓǻOJBOJBDBFKJOTUBMBDKJ
40613"7:,0#+&%/¦/±
r 4PVQSBWBV[BWÎSBDÎDIWFOUJMDzNPßOPPCKFEOBU
/BLPUFMKFNPßOÊOBNPOUPWBUV[BWÎSBDÎWFOUJMZ
LUFSÊTFOBTBEÎOBUSVCLZOÃCLJIPWÊIPBWSBUOÊIP
PLSVIVQǥÎQPKOÊIPQǥÎTMVØFOTUWÎ5BUPTPVQSBWB
KFWFMNJVßJUFǁOÃQǥJÙESßCLJQSPUPßFVNPßǞVKF
WZQVTUJUQPV[FLPUFMBOFDFMÝTZTUÊN
*NQPSUBOUF BOVBMNFOUF VO UÊDOJDP IBCJMJUBEP
QPS FKFNQMP FM 4FSWJDJP EF "TJTUFODJB 5ÊDOJDB
"VUPSJ[BEP *NNFSHBT
EFCFSÃ DPOUSPMBS MB Fê
DJFODJB EFM ¦OPEP EF .BHOFTJP EFM BDVNVMBEPS
&M BDVNVMBEPS FTUÃ QSFQBSBEP QBSB DPOFYJÓO EF
SFDJSDVMBDJÓOEFBHVBTBOJUBSJB
,*54%*410/*#-&4#"+01&%*%0
r ,JUWÃMWVMBTEFDPSUFCBKPQFEJEP
-BDBMEFSB
FTUÃQSFQBSBEBQBSBMBJOTUBMBDJÓOEFWÃMWVMBTEF
DPSUFRVFTFNPOUBSÃOFOMPTUVCPTEFEFTDBSHBZ
SFUPSOPEFMHSVQPEFDPOFYJÓO&TUFLJUFTNVZ
ÙUJMQBSBFGFDUVBSFMNBOUFOJNJFOUPQVFTQFSNJUF
WBDJBSFYDMVTJWBNFOUFMBDBMEFSBTJOOFDFTJEBEEF
UFOFSRVFWBDJBSUPEBMBJOTUBMBDJÓO
r ,JUDFOUSBMJUBQBSBJOTUBMBDJÓOQPS[POBTCBKPQF
EJEP
¼UJMDVBOEPTFRVJFSFEJWJEJSMBJOTUBMBDJÓO
EFDBMFGBDDJÓOFOWBSJBT[POBTUSFTDPNPNÃYJ
NP
QBSBTFSWJSMBTQPSTFQBSBEPDPOSFHVMBDJPOFT
JOEFQFOEJFOUFTZQBSBNBOUFOFSFMFWBEPFMDBVEBM
EFBHVBQBSBDBEB[POB*NNFSHBTTVNJOJTUSB
CBKPQFEJEPFMLJUDFOUSBMJUBQBSBJOTUBMBDJÓOQPS
[POBT
r ,JUEPTJêDBEPSEFQPMJGPTGBUPTCBKPQFEJEP
&M
EPTJêDBEPSEFQPMJGPTGBUPTSFEVDFMBGPSNBDJÓO
EFJODSVTUBDJPOFTDBMDÃSFBTQVEJÊOEPTFEFFTUB
GPSNB NBOUFOFS MBT DPOEJDJPOFT PSJHJOBMFT EF
JOUFSDBNCJP UÊSNJDP Z EF QSPEVDDJÓO EF BHVB
DBMJFOUFTBOJUBSJB-BDBMEFSBFTUÃQSFQBSBEBQBSB
FMNPOUBKFEFMLJUEPTJêDBEPSEFQPMJGPTGBUPT
r 5BSKFUB SFMÊ CBKP QFEJEP
-B DBMEFSB QSFWÊ
MB JOTUBMBDJÓO EF VOB UBSKFUB QBSB BNQMJBS MBT
QPTJCJMJEBEFTEFGVODJPOBNJFOUPEFMBQBSBUP
r ,JUSFDJSDVMBDJÓOCBKPQFEJEP
&MBDVNVMBEPS
EFMBDBMEFSBQSFWÊFMNPOUBKFEFMLJUSFDJSDVMB
DJÓO*NNFSHBTTVNJOJTUSBVOBTFSJFEFSBDPSFT
ZDPOFYJPOFTQBSBMBDPOFYJÓOFOUSFBDVNVMBEPS
FJOTUBMBDJÓOEFBHVBTBOJUBSJB-BQMBOUJMMBEF
JOTUBMBDJÓO EF MB DBMEFSB NBSDB FM QVOUP EF
DPOFYJÓOEFMLJUSFDJSDVMBDJÓO
r ;FTUBXPCFKǧǀOB[BNÓXJFOJF
8QS[ZQBELV
HEZ X JOTUBMBDKJ DJFQPXOJD[FK JOTUBMPXBOF Tƾ
[BXPSZTUSFGPXFOBKXZǻFKUS[Z
MVCXQS[ZQBELV
OJFXZTUBSD[BKƾDFHPQS[FQZXVXPEZPCJFHPXFK
êSNB *NNFSHBT [BQFXOJB OB ǻƾEBOJF [FTUBX
PCFKǧǀLUÓSZNPǻOB[BJOTUBMPXBǀOBQS[ZƾD[BDI
EPQSPXBE[BKƾDZDIJPEQSPXBE[BKƾDZDILPUB
r ;FTUBX EP[PXOJLB QPMJGPTGBUÓX OB
[BNÓXJFOJF
%P[PXOJLQPMJGPTGBUÓX[BQPCJFHB
UXPS[FOJVTJNjPTBEÓXLBNJFOJBJKFEOPD[FǧOJF
VUS[ZNVKF PSZHJOBMOF XBSVOLV XZNJBOZ
DJFQMOFKJQSPEVLDKJDJFQFKXPEZTBOJUBSOFK
8 LPUMF QS[FXJE[JBOP [BTUPTPXBOJF [FTUBXV
EP[PXOJLBQPMJGPTGBUÓX
r ,BSUB QS[FLBǺOJLPXB OB ǻZD[FOJF
,PDJP
KFTU QS[ZTUPTPXBOZ EP [BNPOUPXBOJB LBSUZ
QS[FLBǺOJLPXFK LUÓSB VNPǻMJXJB QPT[FS[FOJF
XBǧDJXPǧDJVS[ƾE[FOJBBDP[BUZNJE[JFKFHP
GVOLDKPOBMOPǧDJ
r ;FTUBXPCJFHPXZOBǻZD[FOJF
#PKMFSLPUBKFTU
QS[ZTUPTPXBOZEPNPOUBǻV[FTUBXVPCJFHPXFHP
'JSNB *NNFSHBT EPTUBSD[B T[FSFHV [ƾD[
J QS[ZƾD[Z VNPǻMJXJBKƾDZDI XZLPOBOJF
QPƾD[FOJB NJNjE[Z CPKMFSFN B JOTUBMBDKƾ
TBOJUBSOƾ/BX[PSOJLVNPOUBǻPXZN[OBKEVKƾ
TJNj XTLB[ÓXLJ EPUZD[ƾDF QS[ZƾD[B [FTUBXV
PCJFHPXFHP
8[NJBOLPXBOF[FTUBXZTƾEPTUBSD[BOFƾD[OJF[
JOTUSVLDKƾNPOUBǻVJPCTVHJ
-PT,JUTNFODJPOBEPTBSSJCBTFFOUSFHBODPNQMFUPT
ZDPOMBTJOTUSVDDJPOFTQBSBTVNPOUBKFZFNQMFP
Stránka 31 z 62
r 4PVQSBWB[ÓOPWÝDI[BǥÎ[FOÎNPßOPPCKFEOBU
7QǥÎQBELJßFKFQPUǥFCBWZUÃQLJDÎTZTUÊNSP[ELJMJU
EP WÎDF [ÓO NBYJNÃMOLJ UǥJ
B PCTMVIPWBU KF
PEELJMFOLJOBTPCLJOF[ÃWJTMPVSFHVMBDÎB[BÙǁFMFN
[BDIPWÃOÎ[WÝØFOÊIPQSDzUPLVWPEZQSPLBßEPV
[ÓOVEPEÃWÃ*NNFSHBTOBPCKFEOÃOÎTPVQSBWV
[ÓOPWÝDI[BǥÎ[FOÎ
r 4PVQSBWBEÃWLPWBǁFQPMZGPTGÃUDzNPßOPPCKFE
OBU
%ÃWLPWBǁQPMZGPTGÃUDz[BCSBǞVKFVTB[PWÃOÎ
LPUFMOÎIPLB”NFOFBUÎNVNPßǞVKFEMPVIPEPCÊ
[BDIPWÃOÎQDzWPEOÎDIQPENÎOFLUFQFMOÊWÝNLJOZ
BPIǥFWVVßJULPWÊWPEZ,PUFMKFLJOTUBMBDJTPV
QSBWZEÃWLPWBǁFQPMZGPTGÃUDzKJßVQSBWFO
r ,BSUB SFMÍ OB QPßÃEÃOÎ
,PUFM KF QǥJQSBWFO
L JOTUBMBDJ LBSUZ SFMÊ LUFSÃ VNPßǞVKF SP[ØÎǥJU
GVOLǁOÎWMBTUOPTUJ[BǥÎ[FOÎ
r 0CLJIPWÃTPVQSBWBOBQPßÃEÃOÎ
,PUFMKFVSǁFO
L QPVßJUÎ W LPNCJOBDJ T PCLJIPWPV TPVQSBWPV
4QPMFǁOPTU *NFSHBT EPEÃWÃ TBEV QǥÎQPKFL B
TQPKFLLUFSÊVNPßǞVKÎTQPKFOÎNF[JPIǥÎWBǁFN
TZTUÊNFNPIǥFWVVßJULPWÊWPEZ*OBJOTUBMBǁOÎN
OÃLSFTVKFVWFEFOCPEQǥJQPKFOÎPCLJIPWÊTPV
QSBWZ
7ÝØFVWFEFOÊTPVQSBWZTFEPEÃWBKÎLPNQMFUOÎTQPMV
TOÃWP”EFNLNPOUÃßJBQPVßJUÎ
&4
1-
"MUVSB EF FMFWBDJÓO EJTQPOJCMF FO MB JOTUB
MBDJÓO
-FZFOEB'JH
" "MUFMFWBDJÓOEJTQPOJCMFFOMBJOTUBMBDJÓO
DPOWFMPDJEBENÃYJNBZCZQBTTDFS
SBEPUPSOJMMPEFSFHVMBDJÓOUPUBMNFOUF
FOSPTDBEP
# "MUFMFWBDJÓOEJTQPOJCMFFOMBJOTUBMBDJÓO
DPOWFMPDJEBENÃYJNBUPSOJMMPEF
SFHVMBDJÓOFOSPTDBEPWVFMUBTSFTQFDUP
BQPTJDJÓOUPUBMNFOUFEFTFOSPTDBEP
$ "MUFMFWBDJÓOEJTQPOJCMFFOMBJOTUBMBDJÓO
DPOWFMPDJEBENÃYJNBZCZQBTTBCJFSUP
UPSOJMMPEFSFHVMBDJÓOUPUBMNFOUFEFTFO
SPTDBEP
$;
8ZTPLPǧǀDJǧOJFOJBXVS[ƾE[FOJV
%PTUVQOÝWÝUMBL[BǥÎ[FOÎ
-FHFOEB3ZT
" 8ZTPLPǧǀDJǧOJFOJBEPTUNjQOBX
VS[ƾE[FOJVOBNBLTZNBMOFKQSNjELPǧDJ
QS[ZXZƾD[POZNPCFKǧDJVǧSVCB
SFHVMBDZKOBDBLPXJDJFEPLSNjDPOB
# 8ZTPLPǧǀDJǧOJFOJBEPTUNjQOB
XVS[ƾE[FOJVOBNBLTZNBMOFK
QSNjELPǧDJǧSVCBQS[ZLSNjDPOBPPCSPUV
XTUPTVOLVEPDBLJFNEPLSNjDPOFKǧSVCZ
SFHVMBDZKOFK
$ 8ZTPLPǧǀDJǧOJFOJBEPTUNjQOBX
VS[ƾE[FOJVOBNBLTZNBMOFKQSNjELPǧDJ
QS[ZPCFKǧDJVPUXBSUZNǧSVCBSFHVMBDZKOB
DBLPXJDJFPELSNjDPOB
-FHFOEB0CS
" %PTUVQOÝWÝUMBL[BǥÎ[FOÎOBTUBWFOÊIPOB
NBYJNÃMOÎSZDIMPTUTWZǥB[FOÝNCZQBT
TFNTÙQMOLJ[BØSPVCPWBOÝNSFHVMBǁOÎN
ØSPVCFN
# %PTUVQOÝWÝUMBL[BǥÎ[FOÎOBTUBWFOÊIPOB
NBYJNÃMOÎSZDIMPTUØSPVC[BØSPVCPWÃO
PPUÃǁLZW[IMFEFNLÙQMOLJ
WZØSPVCPWBOÊNVSFHVMBǁOÎNVØSPVCV
$ %PTUVQOÝWÝUMBL[BǥÎ[FOÎOBTUBWFOÊIPOB
NBYJNÃMOÎSZDIMPTUTPUFWǥFOÝNCZQBT
TFNTÙQMOLJWZØSPVCPWBOÝNSFHVMBǁOÎN
ØSPVCFN
$
$BVEBMMI
1S[FQZXMI
7ÝUMBLN)0
"MUFMFWBDJÓON)0
"
#
8ZTPLPǧǀDJǧOJFOJBN)0
"MUFMFWBDJÓOL1B
7ÝUMBLL1B
8ZTPLPǧǀDJǧOJFOJBL1B
;FVT4VQFSJPSL8
1SDzUPLMI
$BVEBMMI
7ÝUMBLN)0
1S[FQZXMI
7ÝUMBLN)0
$
"MUFMFWBDJÓON)0
8ZTPLPǧǀDJǧOJFOJBN)0
"
#
"MUFMFWBDJÓON)0
8ZTPLPǧǀDJǧOJFOJBN)0
"MUFMFWBDJÓOL1B
8ZTPLPǧǀDJǧOJFOJBL1B
7ÝUMBLL1B
;FVT4VQFSJPSL8
1SDzUPLMI
;FVT4VQFSJPSL8
"MUFMFWBDJÓOL1B
8ZTPLPǧǀDJǧOJFOJBL1B
7ÝUMBLL1B
"
#
$
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
1S[FQZXMI
$BVEBMMI
Stránka 32 z 62
1SDzUPLMI
&4
$0.10/&/5&4%&-"$"-%&3"
-FZFOEB'JH
(SJGPEFMMFOBEPDBMFGBDDJÓO
(SJGPEFWBDJBEPDBMFGBDDJÓO
7ÃMWVMBUSFTWÎBTNPUPSJ[BEB
7ÃMWVMBEFHBT
1SFTPTUBUPJOTUBMBDJÓODBMFGBDDJÓO
$JSDVMBEPSDBMEFSB
1VSHBEPSEFBJSF
.FEJEPSEFDBVEBMEFIVNPT
*OUFSDBNCJBEPSQSJNBSJP
7FOUJMBEPS
5PNBTQBSBBOÃMJTJTBJSF"
IVNPT'
7BTPEFFYQBOTJÓODBMFGBDDJÓO
4POEBTBOJUBSJB
7BTPEFFYQBOTJÓOTBOJUBSJP
"DVNVMBEPS*OPY
7ÃMWVMBEFTFHVSJEBECBS
7ÃMWVMBEFTFHVSJEBECBS
(SJGPWBDJBEPBDVNVMBEPS
$ÃNBSBFTUBODB
$BNQBOBEFIVNPT
5FSNPTUBUPEFTFHVSJEBE
4POEBEFEFTDBSHB
$ÃNBSBEFDPNCVTUJÓO
#VKÎBTEFFODFOEJEPDBQUBDJÓO
2VFNBEPS
#ZQBTTSFHVMBCMF
1-
$;
,0.10/&/5:,05Š"
-FHFOEB'JH
;BXÓSOBQFOJBOJBJOTUBMBDKJ
;BXÓSPQSÓǻOJFOJBJOTUBMBDKJ
;BXÓSUSÓKESPǻOZTJMOJLPXZ
;BXÓSHB[V
1SFTPTUBUJOTUBMBDKJ
1PNQBPCJFHPXB
;BXÓSPEQPXJFUS[BKƾDZ
.JFSOJLQS[FQZXVTQBMJO
8ZNJFOOJLQJFSXPUOZ
8FOUZMBUPS
00UXÓSQPCPSVQPXJFUS[B"
;CJPSOJLXZSÓXOBXD[Z
4POEBXPEZVǻZULPXFK
;CJPSOJLXZSÓXOBXD[ZXPEZVǻZULPXFK
#PKMFS*OPY
;BXÓSCF[QJFD[FǝTUXBCBS
;BXÓSCF[QJFD[FǝTUXBCBS
;BXÓSPQSÓǻOJFOJBCPKMFSB
,,PNPSBT[D[FMOB
0LBQ
5FSNPTUBUCF[QJFD[FǝTUXB
4POEBEPQZXVXPEZ
,PNPSBTQBMBOJB
ƦXJFDF[BQPOVJQPNJBSV
1BMOJL
#ZQBTT
'JH
Stránka 33 z 62
ƀ¦45*,05-&
-FHFOEB'JH
1MOJDÎLPIPVU[BǥÎ[FOÎ
7ÝQVTUOÝLPIPVU[BǥÎ[FOÎ
75SPKDFTUOÝWFOUJMNPUPSJ[PWBOÝ
1MZOPWÝWFOUJM
1SFTPTUBU[BǥÎ[FOÎ
ƀFSQBEMPLPUMF
0EW[EVØǞPWBDÎWFOUJM
1SDzUPLPNLJSTQBMJO
1SJNÃSOÎWÝNLJOÎL
7FOUJMÃUPS
0ECLJSPWÃNÎTUBW[EVDI"
&YQBO[OÎOÃEPCB[BǥÎ[FOÎ
6ßJULPWÃTPOEB
6ßJULPWÃFYQBO[OÎOÃEPCB
/FSF[PWÝPIǥÎWBǁ
#F[QFǁOPTUOÎWFOUJMCBS
#F[QFǁOPTUOÎWFOUJMCBS
7ÝQVTUOÝLPIPVUPIǥÎWBǁF
7[EVDIPULJTOÃLPNPSB
%JHFTUPǥ
#F[QFǁOPTUOÎUFSNPTUBU
4POEBWÝUMBLV
4QBMPWBDÎLPNPSB
;BQBMPWBDÎBEFUFLǁOÎTWÎǁLZ
)PǥÃL
#ZQBTTSFHPMBCJMF
3ZT 0CS TMJLB ÃCSB ́ͶͶ
&4
*/4536$$*0/&4%&640:
."/5&/*.*&/50
1
-*.1*&;":."/5&/*.*&/50
"UFODJÓO MBT JOTUBMBDJPOFT EF DBMFGBDDJÓO Z
DBMFOUBNJFOUPEFBHVBEFCFOQFSJÓEJDBNFOUFTFS
TPNFUJEBT B NBOUFOJNJFOUP WFS FO MB TFDDJÓO
EFEJDBEBBMUÊDOJDPEFFTUFNBOVBMFMQVOUPSFMBUJWP
BMiDPOUSPMPZNBOUFOJNJFOUPBOVBMEFMBQBSBUPu
Z B VO DPOUSPM QFSJÓEJDP EF FêDJFODJB FOFSHÊUJDB
TFHÙO MP FTUBCMFDJEP QPS MB MFHJTMBDJÓO OBDJPOBM
BVUPOÓNJDBPMPDBMWJHFOUF
&TUPQFSNJUFRVFTFNBOUFOHBOMBTDBSBDUFSÎTUJDBTEF
TFHVSJEBESFOEJNJFOUPZGVODJPOBNJFOUPQSPQJBT
EFMBDBMEFSB
4VHFSJNPTGPSNBMJ[BSDPOUSBUPTBOVBMFTEFMJNQJF[B
ZNBOUFOJNJFOUPDPOTVUÊDOJDPEF[POB
"%7&35&/$*"4(&/&3"-&4
1SPIJCJSFMNBOFKPEFMBDBMEFSBBOJÒPTZBQFSTPOBT
JOFYQFSUBT
/P UPDBS FM UFSNJOBM EF FWBDVBDJÓO EF IVNPT
TJ FYJTUF
QVFT BMDBO[B VOB UFNQFSBUVSB NVZ
FMFWBEB
1PS SB[POFT EF TFHVSJEBE DPNQSPCBS RVF FM
UFSNJOBMDPODÊOUSJDPEFBTQJSBDJÓOEFBJSFEFTDBSHB
EFIVNPTTJFYJTUF
OPFTUÊPCTUSVJEPOJTJRVJFSB
UFNQPSBMNFOUF
$VBOEP TF EFDJEB MMFWBS B DBCP MB EFTBDUJWBDJÓO
UFNQPSBMEFMBDBMEFSBTFEFCFSÃ
B
QSPDFEFS BM WBDJBEP EF MB JOTUBMBDJÓO EF BHVB
B OP TFS RVF FTUÊ QSFWJTUP FM FNQMFP EF
BOUJDPOHFMBOUF
C
DPSUBS MBT BMJNFOUBDJPOFT FMÊDUSJDB EF BHVB Z
EFHBT
4J TF EFCFO SFBMJ[BS USBCBKPT V PQFSBDJPOFT EF
NBOUFOJNJFOUP DFSDB EF MPT DPOEVDUPT P FO MPT
EJTQPTJUJWPTEFTBMJEBEFIVNPTZTVTBDDFTPSJPT
BQBHBSFMBQBSBUPZêOBMJ[BEPTMPTUSBCBKPTQFSTPOBM
QSPGFTJPOBMNFOUFDVBMJêDBEPEFCFSÃDPNQSPCBSMB
FêDJFODJBEFMPTDPOEVDUPTZEFMPTEJTQPTJUJWPT
/PFGFDUVBSMJNQJF[BTEFMBQBSBUPPEFTVTQJF[BT
DPOTVTUBODJBTGÃDJMNFOUFJOëBNBCMFT
/PEFKBSSFDJQJFOUFTDPOTVTUBODJBTJOëBNBCMFTFO
FMMPDBMEPOEFFTUÃJOTUBMBEPFMBQBSBUP
r "UFODJÓO QBSB VTBS EJTQPTJUJWPT RVF VUJMJ[BO
FOFSHÎB FMÊDUSJDB TF EFCFO UFOFS FO DVFOUB
BMHVOBTSFHMBTQSJODJQBMFTDPNP
OPUPDBSFMBQBSBUPDPOQBSUFTEFMDVFSQPNPKBEBT
PIÙNFEBTUBNQPDPUPDBSMPFTUBOEPEFTDBM[PT
OP FTUJSBS MPT DBCMFT FMÊDUSJDPT OP FYQPOFS FM
BQBSBUP B MPT BHFOUFT BUNPTGÊSJDPT MMVWJB TPM
FUD
FMDBCMFEFBMJNFOUBDJÓOEFMBQBSBUPOPEFCFTFS
TVTUJUVJEPQPSFMVTVBSJP
FO DBTP EF EFTQFSGFDUPT FO FM DBCMF BQBHBS FM
BQBSBUP Z EJSJHJSTF FYDMVTJWBNFOUF B QFSTPOBM
QSPGFTJPOBMNFOUFDVBMJêDBEPQBSBMBTVTUJUVDJÓO
EFMNJTNP
*/4536,$+"0#4Š6(**
,0/4&38"$+*
$;
$;:4;$;&/*&*,0/4&38"$+"
6XBHB VǻZULPXOJL KFTU [PCPXJƾ[BOZ EP
QS[FQSPXBE[FOJB DP OBKNOJFK KFEOFHP QS[FHMƾEV
LPOTFSXBDZKOFHP JOTUBMBDKJ DJFQMOFK X SPLV J DP
OBKNOJFK KFEOFK LPOUSPMJ J TQBMBOJB OB EXB MBUB
tQSÓCBTQBMJOu
1P[ XPM J UP O B VU S [ Z N BO J F Q BS BN F U SÓX
CF[QJFD[FǝTUXB TQSBXOPǧDJ J QSBDZ LPUB
1SPQPOVKFNZ [BXBSDJF SPD[OZDI VNÓX OB
D[ZT[D[FOJFJLPOTFSXBDKNj[MPLBMOZNUFDIOJLJFN
0(¶-/&0453;&ƺ&/*"
/JFOBSBǻBǀXJT[ƾDFHPLPUBOBCF[QPǧSFEOJF
E[JBBOJFPQBSÓX[QPNJFT[D[FǝLVDIFOOZDI
,PUB OJF NPHƾ PCTVHJXBǀ E[JFDJ PSB[ PTPCZ
OJFQS[FT[LPMPOF
/JFXPMOPEPUZLBǀLPǝDÓXLJPEDJƾHVTQBMJOKFǧMJ
KFTU
QPOJFXBǻNBCBSE[PXZTPLƾUFNQFSBUVSNj
8DFMV[BQFXOJFOJBCF[QJFD[FǝTUXBLPOJFD[OFKFTU
TQSBXE[FOJFD[ZLPǝDÓXLB[BTZTBKƾDBQPXJFUS[B
TQVTUPXBTQBMJOKFǧMJKFTU
OJFKFTU[BCMPLPXBOB
OBXFUUZND[BTPXP
B
QS[ZTUƾQJǀ EP PQSÓǻOJFOJB JOTUBMBDKJ
IZESBVMJD[OFK X QS[ZQBELBDI HEZ
OJF QS[FXJE[JBOP [BTUPTPXBOJB ǧSPELB
QS[FDJX[BNBS[BOJV
C
PEƾD[Zǀ LPDJP PE [BTJMBOJB FMFLUSZD[OFHP
TJFDJXPEOFKHB[PXF
8QS[ZQBELVQSPXBE[FOJBQSBDMVCD[ZOOPǧDJ
LPOTFSXBDZKOZDI OB VS[ƾE[FOJBDI X QPCMJǻV
QS[FXPEÓX LPNJOPXZDI MVC JOTUBMBDKJ
PEQSPXBE[BOJBTQBMJOJJDIBLDFTPSJÓXOBMFǻZ
PEƾD[Zǀ LPDJP PSB[ QS[Z UZDI PTUBUOJDI [MFDJǀ
TQSBXE[FOJFXZEBKOPǧDJQS[FXPEÓXLPNJOPXZDI
PSB[JDIVS[ƾE[FǝXZLXBMJêLPXBOFNVUFDIOJLPXJ
/JF XPMOP D[ZǧDJǀ VS[ƾE[FOJB J KFHP D[NjǧDJ
ǧSPELBNJBUXPQBMOZNJ/JFQP[PTUBXJBǀ[CJPSOJLÓX
JTVCTUBODKJBUXPQBMOZDIXQPNJFT[D[FOJBDIX
LUÓSZDI[BJOTUBMPXBOPLPDJP
r 6XBHB 6ǻZDJF KBLJFHPLPMXJFL LPNQPOFOUV [
[BTJMBOJFNXZNBHBQS[FTUS[FHBOJBOBTUNjQVKƾDZDI
QPETUBXPXZDI[BTBECF[QJFD[FǝTUXB
OJF XPMOP EPUZLBǀ VS[ƾE[FOJB NPLSZNJ BOJ
XJMHPUOZNJD[NjǧDJBNJDJBBOJFEPUZLBǀCPTP
OJFDJƾHOƾǀ[BLBCMFFMFLUSZD[OFOJFOBSBǻBǀOB
E[JBBOJFXBSVOLÓXBUNPTGFSZD[OZDIEFT[D[V
TPǝDBJUQ
VǻZULPXOJLPXJ OJF XPMOP TBNPE[JFMOJF
XZNJFOJBǀQS[FXPEV[BTJMBKƾDFHPVS[ƾE[FOJB
X SB[JF VT[LPE[FOJB QS[FXPEV PEƾD[Zǀ
VS[ƾE[FOJF J [XSÓDJǀ TJNj CF[QPǧSFEOJP EP
XZLXBMJêLPXBOFHPUFDIOJLBPKFHPXZNJBONj
X SB[JF OJFVǻZXBOJB VS[ƾE[FOJB QS[F[ EBOZ
PLSFTD[BTVOBMFǻZXZƾD[ZǀHÓXOZXZƾD[OJL
FMFLUSZD[OZ
TJ TF EFDJEF OP VUJMJ[BS FM BQBSBUP EVSBOUF VO
DJFSUPUJFNQPDPOWJFOFEFTBDUJWBSFMJOUFSSVQUPS
FMÊDUSJDPEFBMJNFOUBDJÓO
Stránka 34 z 62
/¦70%,106Â*5±
"¼%3Â#Ɔ
ƀ*»5Ɔ/±"¼%3Â#"
6QP[PSOLJOÎ 5FQFMOÃ [BǥÎ[FOÎ NVTÎ CÝU QPESPC
PWÃOB QSBWJEFMOÊ ÙESßCLJ L UPNVUP UÊNBUV TF
EP[WÎUF WÎDF W PEEÎMV UÊUP QǥÎSVǁLZ WLJOPWBOÊNV
UFDIOJLPWJ SFTQFLUJWF CPEV UÝLBKÎDÎIP TF SPǁOÎ
LPOUSPMZBÙESßCZ[BǥÎ[FOÎ
BWFTUBOPWFOÝDIJOUFS
WBMFDIQSPWÃELJOÊLPOUSPMFFOFSHFUJDLÊIPWÝLPOV
W TPVMBEV T QMBUOÝNJ OÃSPEOÎNJ SFHJPOÃMOÎNJ B
NÎTUOÎNJQǥFEQJTZ
5PVNPßǞVKF[BDIPWBUCF[QFǁOPTUOÎWÝLPOOPTUOÎ
BGVOLǁOÎWMBTUOPTUJLUFSÝNJKFUFOUPLPUFMDIBSBL
UFSJTUJDLÝOFNLJOOÊWǁBTF
%PQPSVǁVKFNFWÃNBCZTUFV[BWǥFMJSPǁOÎTNMPVWV
PǁJØULJOÎBÙESßCLJTWBØÎNNÎTUOÎNUFDIOJLFN
7»&0#&$/¦610;03/Ɔ/±
;ÃWLJTOÝ LPUFM OFWZTUBWVKUF QǥÎNÝN WÝQBSDzN [F
TQPSÃLDz ,PUFM OFTNÎ QPVßÎWBU ELJUJ B OFQPVǁFOÊ
PTPCZ/FEPUÝLFKUFTFLPODPWLZOBPEWPETQBMJO
KFMJ V LPUMF
QSPUPßF NDzßF EPTBIPWBU WFMNJ
WZTPLÝDIUFQMPU;CF[QFǁOPTUOÎDIEDzWPEDzPWLJǥUF
[EB OFOÎ LPODFOUSJDLà LPO”DPWLB L OBTÃWÃOÎ
W[EVDIVPEWPEV TQBMJO KFMJ V NPEFMV
J KFO
EPǁBTOLJ VDQBOÃ 3P[IPEOFUFMJ TF LPUFM EPǁBTOLJ
WZQOPVUKFUǥFCB
B
WZQVTUJUWPEPWPEOÎQPUSVCÎWQǥÎQBELJßFOFOÎ
NPßOÊQPVßÎUQSPTUǥFELZQSPUJNSB[V
C
V[BWǥÎUQǥÎWPEFMFLUǥJOZWPEZBQMZOV
7QǥÎQBELJQSBDÎOFCPÙESßCZOB[BǥÎ[FOÎDILUFSÊTF
OBDIÔ[FKÎWCMÎ[LPTUJWFEFOÎB[BǥÎ[FOÎOBPEWPE
TQBMJOBKFKJDIQǥÎTMVØFOTUWÎWZQOLJUFQǥÎTUSPKBQP
EPLPOǁFOÎ QSBDÎ OFDIUF [LPOUSPMPWBU ÙǁJOOPTU
WFEFOÎ B [BǥÎ[FOÎ LWBMJGJLPWBOÝN PECPSOÎLFN
/FǁJTULJUFQǥÎTUSPKBKFIPTPVǁÃTUJTOBEOPIPǥMBWÝNJ
MÃULBNJ7 NÎTUOPTUJ LEF KF VNÎTULJO QǥÎTUSPK OF
OFDIÃWFKUFOÃEPCZTIPǥMBWÝNJMÃULBNJ
r 6QP[PSOLJOÎ1PVßÎWÃOÎKBLÊIPLPMJFMFLUSJDLÊIP
QǥÎTUSPKFWZßBEVKFEPESßPWÃOÎOLJLUFSÝDI[ÃTBE
OÎDIQSBWJEFM
OFEPUÝLFKUFTFQǥÎTUSPKFNPLSÝNJOFCPWMILÝNJ
ǁÃTUNJULJMBQǥÎTUSPKFTFOFEPUÝLFKUFBOJCPTÝNB
OPIBNB
OFUBIFKUF [B FMFLUSJDLÊ LBCFMZ OFWZTUBWVKUF
QǥÎTUSPK QPWLJUSOPTUOÎN WMJWDzN EFØUJ TMVODJ
BQPE
OJLEZTBNJOFWZNLJǞVKUFQǥÎWPEOÎLBCFM
W QǥÎQBELJ QPØLP[FOÎ LBCFMV KF UǥFCB QǥÎTUSPK
WZQOPVU B PCSÃUJU TF WÝISBEOLJ OB PECPSOLJ
WZØLPMFOÊ QSBDPWOÎLZ LUFǥÎ TBNJ QSPWFEPV
WÝNLJOV
W QǥÎQBELJ PETUBWFOÎ LPUMF OB VSǁJUPV EPCV
TF EPQPSVǁVKF WZQOPVU FMFLUSJDLÝ QǥÎWPEOÎ
WZQÎOBǁ
&4
1-
$;
1"/&-%&$0/530-
-FZFOEB'JH
#PUÓO4UBOECZ0O
" #PUÓOEFTFMFDDJÓONPEPEFGVODJPOB
NJFOUPWFSBOP FJOWJFSOP # #PUÓOQSJPSJEBETBOJUBSJP $ #PUÓO3FTFU3&4&5
TBMJEBNFOÙ&4$
% #PUÓOFOUSBEBNFOÙ.&/6
DPOêSNB
DJÓOEFEBUPT0,
4FMFDUPSEFUFNQFSBUVSBBHVBDBMJFOUF
TBOJUBSJB
5FNQFSBUVSBTFMFDDJPOBEBBHVBDBMJFOUF
TBOJUBSJB
4FMFDUPSEFUFNQFSBUVSBDBMFGBDDJÓO
5FNQFSBUVSBTFMFDDJPOBEBDBMFGBDDJÓO
"OPNBMÎB
7JTVBMJ[BDJÓOEFMFTUBEPEFGVODJPOBNJFO
UPEFMBDBMEFSB
4ÎNCPMPEFQSFTFODJBEFMMBNBZSFMBUJWB
FTDBMBEFQPUFODJB
Z 5FNQFSBUVSBEFMBHVBFOTBMJEBJOUFSDBN
CJBEPSQSJNBSJP
$BMEFSBFOTUBOECZ
$BMEFSBDPOFDUBEBBNBOEPSFNPUP
"DDFTPSJP
'VODJPOBNJFOUPFONPEPWFSBOP
'VODJÓOBOUJIJFMPFONBSDIB
'VODJPOBNJFOUPFONPEPJOWJFSOP
'VODJPOBNJFOUPQSJPSJEBETBOJUBSJP
BDUJWBEP
$POFYJÓOBIFSSBNJFOUBTFYUFSOBTQBSB
UÊDOJDP
4FDDJPOFTEFMNFOÙ
'VODJPOBNJFOUPDPOTPOEBUFNQFSBUVSB
FYUFSJPSBDUJWBEB
7JTVBMJ[BDJÓODPOêSNBDJÓOEFEBUPP
BDDFTPBMNFOÙ
Z 7JTVBMJ[BDJÓOUFNQFSBUVSBFYUFSJPSDPO
TPOEBFYUFSJPSDPOFDUBEB"DDFTPSJP
7JTVBMJ[BDJÓOTPMJDJUVEEFSFTFUPTBMJEB
NFOÙ
'VODJÓOMJNQJBDIJNFOFBFONBSDIB
.BOÓNFUSPDBMEFSB
%JTQMBZNVMUJGVODJÓO
1"/&-45&308/*$;:
-FHFOEB3ZT
1S[ZDJTL4UBOECZ0O
" 1S[ZDJTLXZCPSVUSZCVGVOLDKPOPXBOJB
MBUP J[JNB # 1S[ZDJTLQSJPSZUFUVPCJFHVTBOJUBSOFHP $ 1S[ZDJTL3FTFU3&4&5
XZKǧDJFNFOÜ
% 1S[ZDJTLNFOÜ.&/6
QPUXJFSE[FOJF
EBOZDI0,
8ƾD[OJLUFNQFSBUVSZDJFQFKXPEZ
TBOJUBSOFK
;BEBOBUFNQFSBUVSBDJFQFKXPEZ
TBOJUBSOFK
8ƾD[OJLUFNQFSBUVSZPHS[FXBOJB
;BEBOBUFNQFSBUVSBPHS[FXBOJB
0CFDOPǧǀBXBSJJ
8J[VBMJ[BDKBTUBOVLPUB
4ZNCPMPCFDOPǧDJQPNZLBXSB[[FTLBMƾ
NPDZ
F 5FNQFSBUVSBXPEZOBXZKǧDJV
XZNJFOOJLBQJFSXPUOFHP
,PDJPOBQP[ZDKJTUBOECZ
,PDJPQPEƾD[POZEP[EBMOFHP
QBOFMV0QDKB
1SBDBXUSZCJFMFUOJN
'VOLDKB[BQPCJFHBKƾDB[BNSBǻBOJVX
UPLV
1SBDBXUSZCJF[JNPXZN
'VOLDKBQSJPSZUFUVPCJFHVTBOJUBSOFHP
BLUZXOB
1PƾD[FOJF[[FXONjUS[OZNJOBS[NjE[JBNJ
EPLPOUSPMJUFDIOJD[OFK
8J[VBMJ[BDKBPQDKJNFOÜ
1SBDB[BLUZXOƾTPOEƾUFNQFSBUVSZ
[FXONjUS[OFK
8J[VBMJ[BDKBQPUXJFSE[FOJBEBOZDIMVC
EPTUNjQVEPNFOÜ
F 8J[VBMJ[BDKBUFNQFSBUVSZ[FXONjUS[OFK[
QPEƾD[POƾTPOEƾ[FXONjUS[OƾPQDKB
XJ[VBMJ[BDKBQPMFDFOJBSFTFUVMVCXZKǧDJB
[NFOV
'VOLDKBD[ZT[D[FOJBLPNJOBXUPLV
.BOPNFUS
8ZǧXJFUMBD[XJFMPGVOLDZKOZ
07-¦%"$±1"/&-
-FHFOEB0CS
5MBǁÎULP4UBOECZ0O
" 5MBǁÎULPWPMCZQSPWP[OÎIPSFßJNV
MÊUP B[JNB # 5MBǁÎULPVQǥFEOPTUOLJOÎPIǥFWVVßJULPWÊ
WPEZ $ 5MBǁÎULP3FTFU3&4&5
PQVØULJOÎNFOV
&4$
% 5MBǁÎULPWTUVQVEPNFOV.&/6
QPUWSEJUEBUB0,
7PMJǁUFQMPUZUFQMÊVßJULPWÊWPEZ
/BTUBWFOÃUFQMPUBUFQMÊVßJULPWÊWPEZ
7PMJǁUFQMPUZWZUÃQLJOÎ
/BTUBWFOÃUFQMPUBWZUÃQLJOÎ
1ǥÎUPNOPTUQPSVDIZ
;PCSB[FOÎQSPWP[OÎIPTUBWVLPUMF
4ZNCPMQǥÎUPNOPTUJQMBNFOFBQǥÎTMVØOÃ
WÝLPOPWÃØLÃMB
F 5FQMPUBWPEZOBWÝTUVQV[QSJNÃSOÎIP
WÝNLJOÎLV
,PUFMWQPIPUPWPTUOÎNSFßJNV
,PUFMQǥJQPKFOÝLEÃMLPWÊNVPWMÃEÃOÎ
7PMJUFMOLJ
1SPWP[WMFUOÎNSFßJNV
1SPUJNSB[PWÃGVOLDFKFBLUJWOÎ
1SPWP[W[JNOÎNSFßJNV
'VOLDFVQǥFEOPTUOLJOÎPIǥFWVVßJULPWÊ
WPEZKFBLUJWOÎ
1ǥJQPKFOÎLWFOLPWOÎNOÃTUSPKDzNQSP
UFDIOJLB
;PCSB[FOÎQPMPßFLNFOV
1SPWP[TBLUJWOÎTPOEPVWFOLPWOÎUFQMPUZ
;PCSB[FOÎQPUWS[FOÎÙEBKFOFCPQǥÎTUVQ
EPNFOV
F ;PCSB[FOÎWFOLPWOÎUFQMPUZTQǥJQPKFOPV
WFOLPWOÎTPOEPVWPMJUFMOLJ
;PCSB[FOÎQPßBEBWLVOBSFTFUOFCPWÝTUVQ
[NFOV
'VOLDFLPNJOÎLBKFBLUJWOÎ
.BOPNFUSLPUMF
.VMUJGVOLǁOÎEJTQMFK
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
Stránka 35 z 62
&4
1-
$;
%&4$3*1$*¶/%&-04&45"%04%&
'6/$*0/".*&/50
"DPOUJOVBDJÓOTFEFTDSJCFOCSFWFNFOUFMPTEJTUJO
UPTFTUBEPTEFGVODJPOBNJFOUPEFMBDBMEFSBRVFTF
WJTVBMJ[BOFOFMEJTQMBZNVMUJGVODJÓO
NFEJBOUF
FM JOEJDBEPS QBSB VOB FYQMJDBDJÓO DPNQMFUB
SFNJUJSTFBMNBOVBMEFJOTUSVDDJPOFT
01*445"/6'6/,$+0/08"/*"
1POJǻFKKFTUQPEBOZTQJTSÓǻOZDITUBOÓXXLUÓSZDI
NPǻFQSBDPXBǀLPDJPBLUÓSFTƾXZǧXJFUMBOFOB
XJFMPGVOLDZKOZN XZǧXJFUMBD[V [B QPNPDƾ
XTLBǺOJLB
XSB[[LSÓULJNPQJTFNV[VQFOJBKƾDZ
PQJT [OBKEVKF TJNj X EBMT[FK D[NjǧDJ QPESNjD[OJLB
PCTVHJ
101*413070;/±$)45"7Ʊ
/ÎßF KTPV VWFEFOZ SDz[OÊ QSPWP[OÎ TUBWZ LPUMF
LUFSÊ TF PCKFWVKÎ OB NVMUJGVOLǁOÎN EJTQMFKJ QSPTUǥFEOJDUWÎNVLB[BUFMF
TLSÃULÝNQPQJTFN
KFIPß LPNQMFUOÎ WZTWLJUMFOÎ OBKEFUF W VßJWBUFMTLÊ
QǥÎSVǁDF
%JTQMBZ
%FTDSJQDJÓOGVODJPOBNJFOUP
8ZǧXJFUMBD[
0QJTTUBOVGVOLDKPOPXBOJB
-FUOÎQSPWP[OÎSFßJNCF[
QPßBEBWLDzBLUJWOÎ
,PUFMǁFLÃOBQPßBEBWFLOBIPSLPV
VßJULPWPVWPEV
;*."
5SZCGVOLDKPOPXBOJB[JNPXZ
CF[CJFǻƾDZDIQPMFDFǝ
,PDJPXPD[FLJXBOJVOBQPMFDFOJF
QPCSBOJBXPEZTBOJUBSOFKMVC
PHS[BOJBPUPD[FOJB
;*."
-FUOÎQSPWP[OÎSFßJNCF[
QPßBEBWLDzBLUJWOÎ
,PUFMǁFLÃOBQPßBEBWFLOBIPSLPV
VßJULPWPVWPEVOFCPWZUÃQLJOÎ
NÎTUOPTUJ
4"/*5"3
5SZCTBOJUBSOZ
,PDJPQSBDVKFQPEHS[FXBOJFXPEZ
TBOJUBSOFKXUPLV
6Â*5,
4"/*5"3
.PEPTBOJUBSJPFOGVODJPOBNJFOUP
$BMEFSBFONBSDIBDBMFOUBNJFOUP
EFBHVBTBOJUBSJBFONBSDIB
3FßJNVßJULPWÊWPEZBLUJWOÎ
,PUFMQSBDVKFKFBLUJWOÎPIǥFWUFQMÊ
VßJULPWÊWPEZ
3*4$"-%
$"-&'"$
$*¶/
.PEPDBMFGBDDJÓOFOGVODJPOBNJFO
UP$BMEFSBFONBSDIBDBMFGBDDJÓO
BNCJFOUFFONBSDIB
0(3;&8
5SZCQPEHS[FXBOJB
,PDJPQSBDVKFPHS[FXBOJFPUPD[F
OJBXUPLV
7:5¦1
3FßJNWZUÃQLJOÎBLUJWOÎ
,PUFMQSBDVKFKFBLUJWOÎQPLPKPWÊ
WZUÃQLJOÎ
"/5*(&-0
"/5*
)*&-0
.PEPBOUJIJFMPFOGVODJPOBNJFOUP
$BMEFSBFONBSDIBIBTUBBMDBO[BSMB
UFNQFSBUVSBNÎOJNBEFTFHVSJEBE
DPOUSBDPOHFMBDJÓOFOMBDBMEFSB
13;&$*8
;"."3;"
/*&
5SZC[BQPCJFHBKƾDZ[BNBS[BOJV
,PDJPQSBDVKFBCZQS[ZXSÓDJǀ
NJOJNBMOƾUFNQFSBUVSNj
[BQPCJFHBKƾDƾ[BNBS[OJNjDJVLPUB
.PEPEFGVODJPOBNJFOUPWFSBOP
TJOSFRVFSJNJFOUPTEFDBMFOUBNJFO
UPFODVSTP$BMEFSBFOFTQFSBEF
SFRVFSJNJFOUPEFBHVBDBMJFOUF
TBOJUBSJB
*/7&3/0
*/7*&3
/0
.PEPEFGVODJPOBNJFOUPJOWJFSOP
TJOSFRVFSJNJFOUPEFDBMFOUBNJFOUP
FODVSTP$BMEFSBFOFTQFSBEF
SFRVFSJNJFOUPEFBHVBDBMJFOUFTBOJ
UBSJBPDBMFGBDDJÓOBNCJFOUF
$"30''
4"/0''
10457&/5
1045$*3$
&.&3(&/;
.BOEP3FNPUP"DDFTPSJP
BQBHBEP
$POQSJPSJEBETBOJUBSJPEFTBDUJ
WBEBJOEJDBEPSBQBHBEP
MB
DBMEFSBGVODJPOBFOTÓMPFONPEP
DBMFGBDDJÓOBNCJFOUFEVSBOUF
IPSBQFSPNBOUFOJFOEPFMBHVB
TBOJUBSJBBMBUFNQFSBUVSBNÎOJNB
ž$
EFTQVÊTMBDBMEFSBWVFMWFBM
GVODJPOBNJFOUPOPSNBMRVFIBZB
TJEPDPOêHVSBEPBOUFSJPSNFOUF
&OFMDBTPEFFNQMFPDPO4VQFS
$"3DPJODJEJFOEPDPOFMQFSJPEP
EFGVODJPOBNJFOUPFONPEP5JNFS
TBOJUBSJPSFEVDJEPFOFMEJTQMBZ
BQBSFDFFTDSJUP4"/0''ZMPT
JOEJDBEPSFTZTFBQBHBOWFS
NBOVBMEFJOTUSVDDJPOFTEFM4VQFS
$"3
1PTUWFOUJMBDJÓOFONBSDIB
7FOUJMBEPSFOGVODJPOBNJFOUPQPS
IBCFSTFSFRVFSJEPBHVBDBMJFOUFTB
OJUBSJBPDBMFGBDDJÓOBNCJFOUFQBSB
FWBDVBSMPTSFTJEVPTEFIVNP
1PTUDJSDVMBDJÓOFONBSDIB
$JSDVMBEPSFOGVODJPOBNJFOUPQPS
IBCFSTFSFRVFSJEPBHVBDBMJFOUFTB
OJUBSJBPDBMFGBDDJÓOBNCJFOUFQBSB
SFGSJHFSBSFMDJSDVJUPQSJNBSJP
$POFM$PNBOEP3FNPUP"DDF
TPSJP
PFMUFSNPTUBUPBNCJFOUF
5"
"DDFTPSJP
CMPRVFBEPMB
DBMEFSBGVODJPOBJHVBMNFOUFFO
NPEPDBMFGBDDJÓO&OFMNFOÙ
i1FSTPOBMJ[BDJPOFTuTFQVFEFBDUJWBS
MBDBMFGBDDJÓOJODMVTPTJFM$PNBOEP
3FNPUPPFM5"FTUÃOGVFSBEF
TFSWJDJP
/."93&4
*OUFOUPTEF3FTFUBHPUBEPT&TQFSBS
IPSBQBSBEJTQPOFSEFPUSPJOUFOUP
7FSCMPRVFPQPSGBMUBEFFODFOEJEP
&33YY
"OPNBMÎBQSFTFOUFSFMBUJWBBMDÓEJ
HPEFFSSPSDPSSFTQPOEJFOUF
-BDBMEFSBOPGVODJPOB7FSBQBSUB
EP"WJTPEFBWFSÎBTZBOPNBMÎBT
5SZCGVOLDKPOPXBOJBMFUOJ
CF[CJFǻƾDZDIQPMFDFǝ
,PDJPXPD[FLJXBOJVOBQPMFDFOJF
QPCSBOJBDJFQFKXPEZTBOJUBSOFK
1PQJTQSPWP[OÎIPTUBWV
-­50
&45"5&
7&3"/0
-"50
%JTQMFK
$"30''
;EBMOZQBOFMPQDKB
XZƾD[POZ
4"/0''
+FǻFMJQS[ZDJTLQSJPSZUFUVXPEZ
TBOJUBSOFKKFTUXZƾD[POZXTLBǺOJL
XZƾD[POZ
LPDJPQSBDVKFUZMLP
XUSZCJFPHS[FXBOJBPUPD[FOJB
QS[F[PLSFTHPE[JOZVUS[ZNVKƾD
XPENjTBOJUBSOƾXNJOJNBMOFKUFN
QFSBUVS[Fž$
QPD[ZNLPDJP
XSBDBEPOPSNBMOFHPUSZCVQSBDZ
VTUBXJPOFHPXD[FǧOJFK
8QS[ZQBELV[BTUPTPXBOJB4VQFS
$"3XPLSFTJFGVOLDKPOPXBOJBX
USZCJF5JNFSXPEBTBOJUBSOB[SF
EVLPXBOBOBXZǧXJFUMBD[VQPKBXJ
TJNjOBQJT4"/0''BXTLBǺOJLJ
JXZƾD[ƾTJNjQBUS[JOTUSVLDKB
PCTVHJ4VQFS$"3
130
5*;".3;
1SPUJNSB[PWÝSFßJNKFBLUJWOÎ
,PUFMQSBDVKFBCZEPTÃIMNJOJNÃMOÎ
CF[QFǁOÊUFQMPUZQSPUJ[BNS[OVUÎ
$"37:1
%ÃMLPWÊPWMÃEÃOÎWPMJUFMOLJ
KF
WZQOVUP
6Â*5,7:1
7QǥÎQBELJEFBLUJWBDFVQǥFEOPTUOLJOÎ
PIǥFWVVßJULPWÊWPEZJOEJLÃ
UPSOFTWÎUÎ
LPUFMQSBDVKFKFOW
SFßJNVWZUÃQLJOÎNÎTUOPTUJQPPECV
IPEJOZQǥJǁFNßVESßVKFUFQMPUV
VßJULPWÊWPEZOBNJOJNVž$
1PUÊTFLPUFMWSÃUÎLCLJßOÊNVEǥÎWF
OBTUBWFOÊNVSFßJNV
7QǥÎQBELJQSPWP[VTF[BǥÎ[FOÎN4V
QFS$"3CLJIFNQSPWP[VWSFßJNV
[LSÃDFOÊIPǁBTPWBǁFVßJULPWÊWPEZ
TFOBEJTQMFKJPCKFWÎOÃQJT4"/0''
6Â*5,7:1
BJOEJLÃUPSZB
TFWZQOPVWJ[QǥÎSVǁLVLPCTMV[F
4VQFS$"3
10458&/5
1PTUXFOUZMBDKB
8FOUZMBUPSKFTU[BƾD[POZDFMFN
VTVOJNjDJBTQBMJOQPQPMFDFOJV
QPCSBOJBDJFQFKXPEZTBOJUBSOFKMVC
PHS[BOJBPUPD[FOJB
/¦4-&%/¦
7&/5
1SPCÎIÃOÃTMFEOÃWFOUJMBDF
7FOUJMÃUPSQSBDVKFQPQPßBEBWLV
OBUFQMPVVßJULPWPVWPEVOFCP
QPLPKPWÊWZUÃQLJOÎBCZPEWFEM
[CZULPWÊTQBMJOZ
10450#*&(
1PTUPCJFH
1PNQBPCJFHPXBQSBDVKFDFMFN
TDIPE[FOJBPCJFHVQJFSXPUOFHPQP
QPMFDFOJVQPCSBOJBDJFQFKXPEZ
TBOJUBSOFKMVCPHS[BOJBPUPD[FOJB
/¦4-&%/¦
$*3,
1SPCÎIÃOÃTMFEOÃDJSLVMBDF
0CLJIPWÊǁFSQBEMPQSBDVKFQP
QPßBEBWLVOBUFQMPVVßJULPWPV
WPEVOFCPQPLPKPWÊWZUÃQLJOÎBCZ
[DIMBEJMPQSJNÃSOÎPLSVI
/06;&
"-"3.
+FǻFMJQBOFM[EBMOZPQDKB
MVCUFS
NPTUBUǧSPEPXJTLPXZ5"
PQDKB
Tƾ[BCMPLPXBOFLPDJPQSBDVKF
XUSZCJFPHS[FXBOJBNPǻFCZǀ
BLUZXPXBOZ[BQPNPDƾNFOVt*O
EZXJEVBMOFVTUBXJFOJBuJVNPǻMJXJB
VSVDIPNJFOJFPHS[FXBOJBOBXFU
KFǻFMJ[EBMOZQBOFMMVC5"Tƾ
VT[LPE[POF
4F[BCMPLPWBOÝNPWMÃEÃOÎN$3
7PMJUFMOLJ
OFCPQPLPKPWÝNUFS
NPTUBUFN5"
7PMJUFMOLJ
QSBDVKF
LPUFMTUFKOLJQǥJWZUÃQLJOÎ
+FBLUJWPWBUFMOÊQSPTUǥFEOJDUWÎN
NFOVi1FSTPOBMJ[[B[JPOJu
6ßJWBUFMTLÃOBTUBWFOÎ
BVNPßǞVKF
BLUJWPWBUWZUÃQLJOÎJLEZßKFEÃMLPWÊ
PWMÃEÃOÎ$3OFCP5"NJNP
QSPWP[
/."90
103
1SÓCZ[SFTFUPXBOJB[BLPǝD[POF
/BMFǻZQPD[FLBǀHPE[JONjBCZ
QPOPXJǀQSÓCNjQBUS[CMPLBEB[
QPXPEVCSBLV[BƾD[FOJB
#ŠŽ%YY
0CFDOPǧǀBXBSJJXSB[[FTUP
TPXOZNLPEFNCNjEV
,PDJPOJFQSBDVKFQBUS[SP[E[JB
EPUZD[ƾDZVTUFSFLJBXBSJJ
Stránka 36 z 62
/."93&4
1PLVTZP3FTFUWZǁFSQÃOZ
+FOVUOÊQPǁLBUIPEJOVBCZTUF
[ÎTLBMJQPLVT
7J[[BCMPLPWÃOÎWEDzTMFELV
OF[BQÃMFOÎ
$):#YY
1ǥÎUPNOÃQPSVDIBTQǥÎTMVØOÝN
DIZCPWÝNLÓEFN
,PUFMOFQSBDVKFWJ[PETUBWFDP
TJHOBMJ[BDJ[ÃWBEBQPSVDI
&4
%JTQMBZ
1-
%FTDSJQDJÓOGVODJPOBNJFOUP
4&54"/
%VSBOUFMBSPUBDJÓOEFMTFMFDUPSEF
UFNQFSBUVSBEFMBHVBDBMJFOUFTBOJ
UBSJBQÃH
WJTVBMJ[BFMWBMPSEF
BKVTUFEFMBUFNQFSBUVSBTBOJUBSJB
4&53*4$
4&5$"-&'
%VSBOUFMBSPUBDJÓOEFMTFMFDUPS
EFUFNQFSBUVSBDBMFGBDDJÓOQÃH
WJTVBMJ[BFMWBMPSEFBKVTUFEFMB
UFNQFSBUVSBEFEFTDBSHBEFDBMEFSB
QBSBMBDBMFGBDDJÓOBNCJFOUF
$03305$
4JFTUÃJOTUBMBEBVOBTPOEBFYUFSJPS
"DDFTPSJP
TVTUJUVZFMBJOEJDBDJÓO
i4&53*4$u&MWBMPSRVFBQBSFDFFTMB
DPSSFDDJÓOEFUFNQFSBUVSBEFTBMJEB
SFTQFDUPBMBDVSWBEFGVODJPOBNJFO
UPFGFDUVBEBQPSMBTPOEBFYUFSJPS
$;
8ZǧXJFUMBD[
0QJTTUBOVGVOLDKPOPXBOJB
4&54"/
8USBLDJFPCSPUVXƾD[OJLB
UFNQFSBUVSZDJFQFKXPEZTBOJUBSOFK
TUS
KFTUXZǧXJFUMBOZCJFǻƾDZ
TUBOSFHVMBDKJUFNQFSBUVSZXPEZ
TBOJUBSOFK
4&50(3
;&8
8USBLDJFPCSPUVXƾD[OJLBUFN
QFSBUVSZPHS[FXBOJBTUS
KFTU
XZǧXJFUMBOZCJFǻƾDZTUBOSFHVMBDKJ
UFNQFSBUVSZEPQZXVXPEZ
PHS[FXBOJB
,0305$
+FǻFMJKFTUPCFDOBTPOEB[FXONjUS[OB
PQDKB
[BTUNjQVKFPQDKNji4&5
0(3;&8u
1PKBXJBKƾDBTJNjXBSUPǧǀQS[FETUBXJB
LPSFLUNjUFNQFSBUVSZEPQZXVX
TUPTVOLVEPLS[ZXFKVTUBXJPOFK
QS[F[TPOENj[FXONjUS[Oƾ
%JTQMFK
1PQJTQSPWP[OÎIPTUBWV
/"45"7
6Â*5,
%VSBOUFMBSPUB[JPOFEFMTFMFUUPSF
UFNQFSBUVSBBDRVBDBMEBTBOJUBSJB
QBH
WJTVBMJ[[BMPTUBUPEJ
SFHPMB[JPOFEFMMBUFNQFSBUVSB
TBOJUBSJBJODPSTP
/"45"7
7:5¦1
%VSBOUFMBSPUB[JPOFEFMTFMFUUPSF
UFNQFSBUVSBSJTDBMEBNFOUPQBH
WJTVBMJ[[BMPTUBUPEJSFHPMB[JPOF
EFMMBUFNQFSBUVSBEJNBOEBUB
EFMMBDBMEBJBQFSJMSJTDBMEBNFOUP
BNCJFOUF
$03305$
*OQSFTFO[BEFMMBTPOEBFTUFSOB
PQUJPOBM
TPTUJUVJTDFMBWPDFi4&5
3*4$u
*MWBMPSFDIFDPNQBSFÍMBDPSSF[J
POFEFMMBUFNQFSBUVSBEJNBOEBUB
SJTQFUUPBMMBDVSWBEJGVO[JPOBNFO
UPJNQPTUBUBEBMMBTPOEBFTUFSOB
&.1-&0%&-"$"-%&3"
"OUFTEFSFBMJ[BSFMFODFOEJEPDPNQSPCBSRVFMB
JOTUBMBDJÓODPOUJFOFTVêDJFOUFBHVBBUSBWÊTEFMB
BHVKBEFMNBOÓNFUSP
RVFEFCFSÃJOEJDBSVO
WBMPSFOUSFZCBS
"CSJS MB MMBWF EF QBTP EFM HBT TJUVBEB BOUFT EF MB
FOUSBEBEFMHBTBMBDBMEFSB
0#4Š6(",05Š"
1S[FE [BƾD[FOJFN TQSBXE[Jǀ D[Z JOTUBMBDKB KFTU
OBQFOJPOB XPEƾ LPOUSPMVKƾD D[Z XTLB[ÓXLB
NBOPNFUSV XTLB[VKF XBSUPǧǀ X QS[FE[JBMF
œCBS
$VBOEPMBDBMEFSBFTUÃBQBHBEBFOFMEJTQMBZBQBSFDF
TÓMPFMTÎNCPMP4UBOECZ
QVMTBOEPFMCPUÓOi
uTFFODJFOEFMBDBMEFSB
6OB WF[ MB DBMEFSB ZB FTUÃ FODFOEJEB QVMTBOEP
SFQFUJEBNFOUF FM CPUÓO i"u TF DBNCJB EF NPEP
EF GVODJPOBNJFOUP QBTBOEP EF GVODJPOBNJFOUP
WFSBOP BGVODJPOBNJFOUPJOWJFSOP +FǻFMJ LPDJP KFTU XZƾD[POZ OB XZǧXJFUMBD[V
QPKBXJBTJNjUZMLPTZNCPM4UBOECZ
OBDJTLBKƾD
QS[ZDJTLi uLPDJP[BƾD[BTJNj
1P[BƾD[FOJVLPUBOBDJTLBKƾDXJFMPLSPUOJFQS[ZDJTL
i"u[NJFOJBTJNjUSZCGVOLDKPOPXBOJBJQS[FDIPE[J
TJNjOBQS[FNJBOOBUSZCMFUOJ JUSZC[JNPXZ
r 7FSBOP FOFTUFNPEPMBDBMEFSBGVODJPOB
TÓMPQBSBDBMFOUBSBHVBTBOJUBSJBMBUFNQFSBUVSB
FTDPOêHVSBEBQPSNFEJPEFMTFMFDUPS
ZMB
SFMBUJWBUFNQFSBUVSBFTWJTVBMJ[BEBFOFMEJTQMBZ
NFEJBOUFFMJOEJDBEPS
BQBSFDJFOEPMB
JOEJDBDJÓO i4&5 4"/u 'JH (JSBOEP FM
TFMFDUPS FO TFOUJEP IPSBSJP MB UFNQFSBUVSB
BVNFOUBZBOUJIPSBSJPTFSFEVDF
r -BUP XUZNUSZCJFLPDJPUZMLPQPEHS[FXB
DJFQƾXPENjTBOJUBSOƾUFNQFSBUVSBKFTUVTUBXJBOB[B
QPNPDƾXƾD[OJLB
BKFKXBSUPǧǀKFTUXZǧXJFUMBOB
OBXZǧXJFUMBD[V
[BQPNPDƾXTLBǺOJLB
PSB[
QPKBXJBTJNjOBQJTt4&54"/u3ZT
0CSBDBKƾD
XƾD[OJL X LJFSVOLV [HPEOZN [ SVDIFN
XTLB[ÓXFL[FHBSBUFNQFSBUVSBX[SBTUBXLJFSVOLV
PEXSPUOZNUFNQFSBUVSBNBMFKF
r -ÊUP WUPNUPSFßJNVLPUFMQSBDVKFQPV[F
QSPPIǥFWUFQMÊVßJULPWÊWPEZUFQMPUBTFOBTUBWÎ
QPNPDÎWPMJǁF
BQǥÎTMVØOÃUFQMPUBTF[PCSB[Î
OB EJTQMFKJ QSPTUǥFEOJDUWÎN JOEJLÃUPSV
B PCKFWÎ TF ÙEBK t4&5 4"/i /"45"7
6Â*5,
0CS 0UÃǁFOÎN WPMJǁF WF
TNLJSVIPEJOPWÝDISVǁJǁFLTFUFQMPUB[WZØVKFB
QǥJKFIPPUÃǁFOÎQSPUJTNLJSVIPEJOPWÝDISVǁJǁFL
TFUFQMPUBTOJßVKF
3FHVMBDJÓOEFMBHVBDBMJFOUFTBOJUBSJB
3FHVMBDKBDJFQFKXPEZTBOJUBSOFK
3FHVMBDFUFQMPUZUFQMÊVßJULPWÊWPEZ
0UXPS[Zǀ[BXÓSHB[V[OBKEVKƾDZTJNjOBELPUFN
'JH
3ZT
0#4-6)",05-&
1ǥFE[BQOVUÎN[LPOUSPMVKUF[EBKFTZTUÊNOBQMOLJO
WPEPV QPEMF SVǁJǁLZ NBOPNFUSV LUFSÃ NÃ
VLB[PWBUUMBLœCBS
0UFWǥUFQMZOPWÝLPIPVUOBLPUMJ
6 WZQOVUÊIP LPUMF TF OB EJTQMFKJ PCKFWÎ QPV[F
TZNCPM QPIPUPWOPTUOÎIP SFßJNV 4UBOECZ 4UJTLFNUMBǁÎULBi uTFLPUFM[BQOF
1P [BQOVUÎ LPUMF KF NPßOÊ PQBLPWBOÝN TUJTLFN
UMBǁÎULB t"i [NLJOJU QSPWP[OÎ SFßJN 4UǥÎEBWLJ TF
QǥFDIÃ[Î[QSPWP[VMFUOÎIP OBQSPWP[[JNOÎ
0CS
%VSBOUFFMDBMFOUBNJFOUPEFMBHVBDBMJFOUFTBOJ
UBSJBFOFMEJTQMBZ
TFMFFi4"/*5"3u'JH
FOFMJOEJDBEPSEFFTUBEP
ZTJNVMUÃOFB
NFOUFBMFODFOEJEPEFMRVFNBEPSTFFODJFOEF
FMJOEJDBEPS
EFQSFTFODJBEFMMBNBDPOTV
SFMBUJWBFTDBMBEFQPUFODJBZFMJOEJDBEPSZ
DPOMBUFNQFSBUVSBJOTUBOUÃOFBFOTBMJEBEFM
JOUFSDBNCJBEPSQSJNBSJP
8 USBLDJF QPEHS[FXBOJB DJFQFK XPEZ TBOJ
UBSOFK OB XZǧXJFUMBD[V QPKBXJB TJNj OBQJT
i4"/*5"3u3ZT
OBXTLBǺOJLVTUBOV
B KFEOPD[FǧOJF [ [BQBMFOJFN QBMOJLB [BƾD[B
TJNj XTLBǺOJL PCFDOPǧDJ QPNJFOJB XSB[ [F
TUPTPXOƾ TLBMƾ NPDZ J XTLBǺOJLBNJ J CJFǻƾDFKUFNQFSBUVSZQS[ZXZKǧDJV[XZNJFOOJLB
QJFSXPUOFHP
1ǥJ PIǥFWV VßJULPWÊ WPEZ TF OB EJTQMFKJ PCKFWÎOÃQJTi4"/*5"3u6Â*5,
0CS
OBTUBWPWÊNVLB[BUFMJ
BTPVǁBTOLJT[BQÃMFOÎN
IPǥÃLV TF SP[TWÎUÎ JOEJLÃUPS QǥÎUPNOPTUJ
QMBNFOFTQǥÎTMVØOPVØLÃMPVWÝLPOVBJOEJLÃ
UPS B T PLBNßJUPV UFQMPUPV OB WÝTUVQV [
QSJNÃSOÎIPWÝNLJOÎLV
'VODJPOBNJFOUPNPEP7FSBOPDPOBHVBDBMJFOUF
TBOJUBSJB
'VOLDKPOPXBOJFXUSZCJF-BUP[QPEHS[FXBOJFN
DJFQFKXPEZTBOJUBSOFK
1SPWP[WMFUOÎNSFßJNVTPIǥFWFNVßJULPWÊWPEZ
'JH
r *OWJFSOP FOFTUFNPEPMBDBMEFSBGVODJPOB
UBOUPQBSBDBMFOUBNJFOUPEFBHVBTBOJUBSJBDPNP
QBSBDBMFGBDDJÓOBNCJFOUF-BUFNQFSBUVSBEFM
BHVBDBMJFOUFTBOJUBSJBTFBKVTUBDPOFMTFMFDUPS
MBUFNQFSBUVSBEFDBMFGBDDJÓOTFBKVTUBDPOFM
TFMFDUPS
TJFOEPWJTVBMJ[BEBFOFMEJTQMBZ
NFEJBOUFFMJOEJDBEPS
BTÎNJTNPBQBSFDF
3ZT
r ;JNB XUZNUSZCJFLPDJPQPEHS[FXBDJFQƾ
XPENjTBOJUBSOƾJPHS[FXBPUPD[FOJF5FNQFSBUVSB
XPEZTBOJUBSOFKKFTUVTUBXJBOB[BQPNPDƾXƾD[OJLB
UFNQFSBUVSB PHS[FXBOJB KFTU SFHVMPXBOB
XƾD[OJLJFN
BTUPTPXOBXBSUPǧǀKFTUXZǧXJFUMBOB
OBXZǧXJFUMBD[V
[BQPNPDƾXTLBǺOJLB
Stránka 37 z 62
0CS
r ;JNB 7 UPNUP SFßJNV LPUFM [ÃSPWFǞ
PIǥÎWÃ VßJULPWPV WPEV J WZUÃQÎ 5FQMPUB UFQMUÊ
VßJULPWÊ WPEZ TF TUÃMF SFHVMVKF QPNPDÎ WPMJǁF
UFQMPUBWZUÃQLJOÎTFSFHVMVKFQPNPDÎWPMJǁF
BQǥÎTMVØOÃUFQMPUBTF[PCSB[ÎOBEJTQMFKJ
QSPTUǥFEOJDUWÎNJOEJLÃUPSV
&4
1-
$;
FTDSJUPi4&53*4$u'JH
(JSBOEPFMTFMFDUPS
FOTFOUJEPIPSBSJPMBUFNQFSBUVSBBVNFOUB
ZBOUJIPSBSJPTFSFEVDF
PSB[QPKBXJBTJNjOBQJTt4&50(3;&8u3ZT
0CSBDBKƾDXƾD[OJL
XLJFSVOLV[HPEOZN[SVDIFN
XTLB[ÓXFL[FHBSBUFNQFSBUVSBX[SBTUBXLJFSVOLV
PEXSPUOZNUFNQFSBUVSBNBMFKF
BPCKFWÎTFÙEBKt4&53*4$i/"45"77:5¦1
0CS
0UÃǁFOÎNWPMJǁF
WFTNLJSVIPEJOPWÝDI
SVǁJǁFLTFUFQMPUB[WZØVKFBQǥJKFIPPUÃǁFOÎQSPUJ
TNLJSVIPEJOPWÝDISVǁJǁFLTFUFQMPUBTOJßVKF
3FHVMBDJÓOEFMBUFNQFSBUVSBEFTBMJEBBDBMFGBDDJÓO
3FHVMBDKFUFNQFSBUVSZEPQZXVXPEZEPJOTUBMBDKJ
3FHVMBDFUFQMPUZOBWÝTUVQVEPTZTUÊNV
'JH
$VBOEPFTSFRVFSJEBDBMFGBDDJÓOBNCJFOUFFOFM
EJTQMBZ
BQBSFDFi3*4$"-%u'JH
FOFM
JOEJDBEPSEFFTUBEP
ZTJNVMUÃOFBNFOUFBMFO
DFOEJEPEFMRVFNBEPSTFFODJFOEFFMJOEJDBEPS
EFQSFTFODJBEFMMBNBDPOTVSFMBUJWBFTDBMB
EFQPUFODJBZFMJOEJDBEPSZ
DPOMBUFNQF
SBUVSBJOTUBOUÃOFBFOTBMJEBEFMJOUFSDBNCJBEPS
QSJNBSJP &O GBTF DBMFGBDDJÓO MB DBMEFSB TJ MB
UFNQFSBUVSBEFMBHVBEFMDJSDVJUPFTTVêDJFOUF
QBSB DBMFOUBS MPT SBEJBEPSFT QVFEF GVODJPOBS
DPOTÓMPFMDJSDVMBEPSEFDBMEFSBBDUJWBEP
'VODJPOBNJFOUPNPEP*OWJFSOPDPODBMFGBDDJÓO
BNCJFOUF
3ZT
1ǥJ QPßBEBWLV OB QPLPKPWÊ WZUÃQLJOÎ TF OB
EJTQMFKJ
PCKFWÎOÃQJTi3*4$"-%u7:5¦1
0CS
OBTUBWPWÊNVLB[BUFMJ
BTPVǁBTOLJ
T [BQÃMFOÎN IPǥÃLV TF SP[TWÎUÎ JOEJLÃUPS QǥÎUPNOPTUJ QMBNFOF T QǥÎTMVØOPV ØLÃMPV
WÝLPOVBJOEJLÃUPSB
TPLBNßJUPVUFQMPUPV
OBWÝTUVQV[QSJNÃSOÎIPWÝNLJOÎLV7QǥÎQBELJ
ßF KF WF GÃ[J WZUÃQLJOÎ UFQMPUB WPEZ W TZTUÊNV
EPTUBUFǁOÃLPIǥFWVUPQOÝDIULJMFTNDzßFEPKÎU
QPV[FLBLUJWBDJPCLJIPWÊIPǁFSQBEMB
'VOLDKPOPXBOJFXUSZCJF[JNPXZN[PHS[FXB
OJFNPUPD[FOJB
1SPWP[W[JNOÎNSFßJNVTQPLPKPWÝNWZUÃQLJOÎN
'JH
r 'VODJPOBNJFOUPDPO$PNBOEP"NJDP3FNPUP
$"3
"DDFTPSJP
&O DBTP EF DPOFYJÓO DPO
FM $"3 MB DBMEFSB EFUFDUB BVUPNÃUJDBNFOUF FM
EJTQPTJUJWP Z FO FM EJTQMBZ BQBSFDF FM TÎNCPMP
" QBSUJS EF FTUF NPNFOUP UPEPT MPT
NBOEPTZBKVTUFTTPODPOUSPMBEPTQPSFM$"3Z
FOMBDBMEFSBTÓMPQFSNBOFDFOBDUJWPTFMCPUÓO
4UBOECZi uFMCPUÓO3FTFUi$uFMCPUÓOEF
FOUSBEBNFOÙi%uZFMCPUÓOEFTFMFDDJÓO1SJP
SJEBETBOJUBSJPi#u
"UFODJÓO4JTFQPOFMBDBMEFSBFOTUBOECZ
FO
FM$"3BQBSFDFSÃFMTÎNCPMPEFFSSPSEFDPOFYJÓO
i$0/uQFSPFM$"3DPOUJOVBBTFSBMJNFOUBEPQBSB
OPQFSEFSMPTQSPHSBNBTNFNPSJ[BEPT
0CS
8 USBLDJF QPMFDFOJB PHS[FXBOJB PUPD[FOJB
QPKBXJBTJNjOBQJTt0(3;&8uOBXZǧXJFUMBD[V
3ZT
OBXTLBǺOJLV
BKFEOPD[FǧOJF
[ [BQBMFOJFN QBMOJLB [BƾD[B TJNj XTLBǺOJL
PCFDOPǧDJQPNJFOJB
XSB[[FTUPTPXOƾTLBMƾ
NPDZJXTLBǺOJLBNJJ
CJFǻƾDFKUFNQFSBUVSZ
QS[Z XZKǧDJV [ XZNJFOOJLB QJFSXPUOFHP 8
USBLDJFQPEHS[FXBOJBKFǻFMJUFNQFSBUVSBXPEZ
X JOTUBMBDKJ KFTU XZTUBSD[BKƾDB EP PHS[BOJB
LBMPSZGFSÓXLPDJPNPǻFQSBDPXBǀUZMLP[TBNƾ
QPNQƾPCJFHPXƾ
3ZT
r 'VOLDKPOPXBOJF[F[EBMOZNQBOFMFN"NJDP
$"3
0QDKB
8QS[ZQBELVQPEƾD[FOJBEP
$"3LPDJPBVUPNBUZD[OJFPED[ZUVKFPCFDOPǧǀ
VS[ƾE[FOJBJOBXZǧXJFUMBD[VQPKBXJBTJNjTZNCPM
0EUFHPNPNFOUVXT[ZTULJFQPMFDFOJBJ
SFHVMBDKFTƾXZLPOZXBOFQS[F[$"3OBLPUMF
KFTU OBEBM BLUZXOZ QS[ZDJTL 4UBOECZ i u
QS[ZDJTL3FTFUi$uQS[ZDJTLXFKǧDJBNFOÜi%u
J QS[ZDJTL XZCPSV QSJPSZUFUV XPEZ TBOJUBSOFK
i#u
6XBHB +FǻFMJ LPDJP [PTUBOJF VTUBXJPOZ OB
TUBOECZ
OBQBOFMV$"3QPKBXJTJNjTZNCPM
CNjEVQPƾD[FOJBi$0/uQBOFM$"3KFTUOBEBM
[BTJMBOZCF[VUSBUZ[BQJTBOZDIQSPHSBNÓX
r 'VODJPOBNJFOUPDPO4VQFS$PNBOEP"NJDP
3FNPUP4VQFS$"3
"DDFTPSJP
&ODBTPEF
DPOFYJÓODPOFM4VQFS$"3MBDBMEFSBEFUFDUB
BVUPNÃUJDBNFOUFFMEJTQPTJUJWPZFOFMEJTQMBZ
BQBSFDFFMTÎNCPMP "QBSUJSEFFTUFNP
NFOUPFTQPTJCMFDPOUSPMBSTVGVODJPOBNJFOUP
UBOUPEFTEFFM4VQFS$"3DPNPEFTEFMBDBMEFSB
&YDFQUPMBUFNQFSBUVSBEFDBMFGBDDJÓOBNCJFOUF
RVFFTWJTVBMJ[BEBFOFMEJTQMBZQFSPHFTUJPOBEB
EFTEFFM4VQFS$"3
r 'VOLDKPOPXBOJF[QBOFMFN4VQFS"NJDP4VQFS
$"3
0QDKB
8 QS[ZQBELV QPEƾD[FOJB EP
4VQFS $"3 LPDJP BVUPNBUZD[OJF PED[ZUVKF
PCFDOPǧǀ VS[ƾE[FOJB J OB XZǧXJFUMBD[V
QPKBXJB TJNj TZNCPM 0E UFHP NPNFOUV
XT[ZTULJF QPMFDFOJB J SFHVMBDKF NPHƾ CZǀ
XZLPOZXBOF[BSÓXOP[QP[JPNVQBOFMV4VQFS
$"3KBLJOBLPUMF[BXZKƾULJFNUFNQFSBUVSZ
PHS[FXBOJB PUPD[FOJB LUÓSB KFTU XZǧXJFUMBOB
OBXZǧXJFUMBD[VBMFKFTU[BS[ƾE[BOBQS[F[4VQFS
$"3
"UFODJÓO4JTFQPOFMBDBMEFSBFOTUBOECZ
FOFM4VQFS$"3BQBSFDFSÃFMTÎNCPMPEFFSSPS
EF DPOFYJÓO i&33$.u QFSP FM 4VQFS $"3
DPOUJOVB B TFS BMJNFOUBEP QBSB OP QFSEFS MPT
QSPHSBNBTNFNPSJ[BEPT
6XBHB +FǻFMJ LPDJP [PTUBOJF VTUBXJPOZ OB
TUBOECZ
OB QBOFMV 4VQFS $"3 QPKBXJ
TJNj TZNCPM CNjEV QPƾD[FOJB i&33$.u B
QBOFM4VQFS$"3KFTUOBEBM[BTJMBOZCF[VUSBUZ
[BQJTBOZDIQSPHSBNÓX
r 'VODJÓO QSJPSJEBE TBOJUBSJP 1SFTJPOBOEP FM
CPUÓO i#u TF EFTBDUJWB MB GVODJÓO QSJPSJEBE
TBOJUBSJPZFOFMEJTQMBZ
TFBQBHBFMTÎNCPMP
$POMBGVODJÓOEFTBDUJWBEBFMBHVBEFMBDV
NVMBEPSTFNBOUJFOFBVOBUFNQFSBUVSBNÎOJNB
EFž$EVSBOUFIPSBQBTBOEPMBQSJPSJEBEEF
GVODJPOBNJFOUPBMBDBMFGBDDJÓOBNCJFOUF
r 'VOLDKBQSJPSZUFUVXPEZTBOJUBSOFK/BDJTLBKƾD
QS[ZDJTLi#uXZƾD[BTJNjGVOLDKNjQSJPSZUFUVXPEZ
TBOJUBSOFK DP KFTU QPUXJFSE[POF XZƾD[FOJFN
TJNj OB XZǧXJFUMBD[V TZNCPMV 8ZƾD[FOJFGVOLDKJVUS[ZNVKFXPENjXCPKMFS[F
X UFNQFSBUVS[F ž$ QS[F[ HPE[JONj EBKƾD
QJFSXT[FǝTUXPPHS[FXBOJVPUPD[FOJB
r 'VODJPOBNJFOUPDPOTPOEBFYUFSJPS'JH
BDDFTPSJP4JFTUÃJOTUBMBEPFMBDDFTPSJPTPOEB
FYUFSJPSMBUFNQFSBUVSBEFEFTDBSHBEFMBDBMEFSB
QBSBMBDBMFGBDDJÓOBNCJFOUFFTUÃHFTUJPOBEBQPS
FTUBTPOEBFYUFSJPSFOGVODJÓOEFMBUFNQFSBUVSB
FYUFSJPS NFEJEB WFS i5&3.03&(u FO BQEP
Z
&TQPTJCMFNPEJêDBSMBUFNQFSBUVSB
EFEFTDBSHBEFTEFž$IBTUBž$SFTQFDUP
BMBDVSWBEFSFHVMBDJÓO'JHWBMPSEFEFT
WJBDJÓO
&TUBSFHVMBDJÓOSFBMJ[BCMFDPOFM
r 'VOLDKPOPXBOJF[TPOEƾ[FXONjUS[Oƾ3ZT
PQDKB+FǻFMJJOTUBMBDKBQSBDVKF[VE[JBFNTPOEZ
[FXONjUS[OFKPQDKPOBMOFKUFNQFSBUVSBXPEZLPUB
EPPHS[FXBOJBPUPD[FOJBKFTU[BS[ƾE[BOBQS[F[
[FXONjUS[Oƾ TPOENj X [BMFǻOPǧDJ PE QPNJBSV
[FXONjUS[OFKUFNQFSBUVSZSP[E[JSP[E[
QPE QP[ZDKƾ i5&3.03&(u
.PǻOB [NJFOJǀ
UFNQFSBUVSNj [ ž$ OB ž$ X TUPTVOLV EP
LS[ZXFKSFHVMBDKJ3ZTXBSUPǧǀPEDIZMFOJB
Stránka 38 z 62
0CS
r 1SPWP[OBEÃMLPWÊPWMÃEÃOÎ$PNBOEP"NJDP
3FNPUP$"3
7PMJUFMOLJ
7QǥÎQBELJQǥJQPKFOÎ
LF $"3 LPUFM EFUFLVKF [BǥÎ[FOÎ BVUPNBUJDLZ
B OB EJTQMFKJ TF PCKFWÎ TZNCPM 0E UÊUP
DIWÎMF KTPV WØFDIOZ QǥÎLB[Z QǥJKÎNÃOZ [ $"3
OB LPUMJ [DzTUBOF GVOLǁOÎ UMBǁÎULP QPIPUPWPTU
OÎIPSFßJNV4UBOECZi uUMBǁÎULP3FTFUt$i
UMBǁÎULPQSPWTUVQEPNFOVt%iBUMBǁÎULPWPMCZ
VQǥFEOPTUOLJOÎPIǥFWVVßJULPWÊWPEZt#i
6QP[PSOLJOÎ 1PLVE TF LPUFM VWFEF EP QPIP
UPWPTUOÎIP SFßJNV TUBOECZ OB $"3 TF
PCKFWÎ DIZCB TQPKFOÎ t$0/i $"3 CVEF BMF
TUÃMFOBQÃKFOBQSPHSBNZVMPßFOÊEPQBNLJUJTF
OF[USBUÎ
r 1SPWP[OBEÃMLPWÊPWMÃEÃOÎ4VQFS$PNBOEP
"NJDP 3FNPUP 4VQFS $"3
7PMJUFMOLJ
7
QǥÎQBELJQǥJQPKFOÎLF4VQFS$"3LPUFMEFUFLVKF
[BǥÎ[FOÎ BVUPNBUJDLZ B OB EJTQMFKJ TF PCKFWÎ
TZNCPM 0EUÊUPDIWÎMFKFNPßOÊLPUFMPW
MÃEBUKBL[EÃMLPWÊIPPWMÃEÃOÎ4VQFS$"3OFCP
QǥÎNP[LPUMF7ZKÎNLPVKFUFQMPUBQPLPKPWÊIP
WZUÃQLJOÎLUFSÃTF[PCSB[ÎOBEJTQMFKJBMFKFǥÎ[FOB
[EÃMLPWÊIPPWMÃEÃOÎ4VQFS$"3
6QP[PSOLJOÎ1PLVETFLPUFMVWFEFEPQPIPUP
WPTUOÎIPSFßJNVTUBOECZ
OBPWMBEBǁJ4VQFS
$"3 TF PCKFWÎ DIZCB QǥJQPKFOÎ t&33$.i
4VQFS$"3CVEFBMFTUÃMFOBQÃKFOBQSPHSBNZ
VMPßFOÊEPQBNLJUJTFOF[USBUÎ
r 'VOLDF VQǥFEOPTUOLJOÎ PIǥFWV VßJULPWÊ
WPEZ4UJTLFNUMBǁÎULBt#iTFEFBLUJWVKFGVOLDF
VQǥFEOPTUOLJOÎPIǥFWVVßJULPWÊWPEZDPßKFTJH
OBMJ[PWÃOP[IBTOVUÎNTZNCPMV
OBEJTQMFKJ
%FBLUJWBDÎGVOLDFTFWPEBWPIǥÎWBǁJVESßÎ
OB IPEOPULJ ž$ QP EPCV IPEJOZ B UÎN TF
VQǥFEOPTUOÎQPLPKPWÊWZUÃQLJOÎ
r 1SPWP[TWFOLPWOÎUFQMPUOÎTPOEPV0CS
WPMJUFMOLJ6LPUMFTWPMJUFMOPVWFOLPWOÎTPOEPV
TF UFQMPUB OB WÝTUVQV [ LPUMF L QPLPKPWÊNV
WZUÃQLJOÎKFSFHVMPWÃOBWFOLPWOÎTPOEPVQPEMF
OBNLJǥFOÊ WFOLPWOÎ UFQMPUZ 0ETUBWFD B
0ETUBWFDLQPMPßDFi5&3.03&(u
5FQMPUV
WPEZOBWÝTUVQVEPTZTUÊNVKFNPßOÊOBTUBWJU
PEž$EPž$W[IMFEFNLSFHVMBǁOÎLǥJWDF
0CSIPEOPUB0ĒTFU
&4
1-
$;
TFMFDUPS TF NBOUJFOF BDUJWB QBSB DVBMRVJFS
UFNQFSBUVSB FYUFSJPS NFEJEB Z MB EJGFSFODJB
EF UFNQFSBUVSB FT TFÒBMJ[BEB QPS NFEJP EFM
JOEJDBEPS
DPOFMJOEJDBEPS
TFWJTVBMJ[BMB
UFNQFSBUVSBBDUVBMEFTBMJEBZQPDPTTFHVOEPT
EFTQVÊTEFTFSNPEJêDBEBFTBDUVBMJ[BEBZFOFM
EJTQMBZBQBSFDFFTDSJUPi$03305$u'JH
(JSBOEPFMTFMFDUPS
FOTFOUJEPIPSBSJPMB
UFNQFSBUVSBBVNFOUBZBOUJIPSBSJPTFSFEVDF
5BLPSFLUB[BƾD[BOB[BQPNPDƾXƾD[OJLB
KFTU
BLUZXOB EMB LBǻEFK [NJFS[POFK UFNQFSBUVSZ
[FXONjUS[OFK [NJBOZ UFNQFSBUVS Z KFTU
XZǧXJFUMBOB[BQPNPDƾXTLBǺOJLB
OBUPNJBTU
OB XTLBǺOJLV KFTU XZǧXJFUMPOB CJFǻƾDB
UFNQFSBUVSBJQPLJMLVTFLVOEBDIPE[NJBOZKFTU
BLUVBMJ[PXBOBOBXZǧXJFUMBD[VQPKBXJBTJNjOBQJT
i$03305$u3ZT
0CSBDBKƾDXƾD[OJLX
LJFSVOLV[HPEOZN[SVDIFNXTLB[ÓXFL[FHBSB
UFNQFSBUVSBX[SBTUBXLJFSVOLVQS[FDJXOZN
UFNQFSBUVSBNBMFKF
5BUP LPSFLDF QSPWFEJUFMOÃ WPMJǁFN CVEF
BLUJWOÎQǥJKBLÊLPMJWOBNLJǥFOÊWFOLPWOÎUFQMPULJ
[NLJOV UFQMPUZ PĒTFU [PCSB[VKF JOEJLÃUPS OBJOEJLÃUPSV
TF[PCSB[ÎBLUVÃMOÎUFQMPUBOB
WÝTUVQVBQPOLJLPMJLBTFLVOEÃDIPE[NLJOZKF
BLUVBMJ[PWÃOBOPWPVLPSFLDÎOBEJTQMFKJTFPCKFWÎ
t$03305$i0CS
0UÃǁFOÎNWPMJǁF
WF
TNLJSVIPEJOPWÝDISVǁJǁFLTFUFQMPUB[WZØVKFB
QǥJKFIPPUÃǁFOÎQSPUJTNLJSVIPEJOPWÝDISVǁJǁFL
TFUFQMPUBTOJßVKF
3FHVMBDJÓOEFMBUFNQFSBUVSBEFTBMJEBBDBMFGBD
DJÓODPOTPOEBFYUFSOBPQDJPOBM
3FHVMBDKBUFNQFSBUVSZJOTUBMBDKJ[XZLPS[ZTUB
OJFNTPOEZ[FXONjUS[OFKPQDKB
3FHVMBDFUFQMPUZOBWÝTUVQVEPTZTUÊNVTWFO
LPWOÎTPOEPVWPMJUFMOLJ
'JH
3ZT
0CS
$VBOEPTFSFRVJFSFDBMFGBDDJÓOBNCJFOUFFOFM
EJTQMBZ BQBSFDF FTDSJUP i3*4$"-%u 'JH
FOFMJOEJDBEPSEFFTUBEP
ZTJNVMUÃOFB
NFOUFBMFODFOEJEPEFMRVFNBEPSTFFODJFOEF
FM JOEJDBEPS EF QSFTFODJB EF MMBNB DPO TV
SFMBUJWB FTDBMB EF QPUFODJB Z FM JOEJDBEPS Z
DPOMBUFNQFSBUVSBJOTUBOUÃOFBFOTBMJEBEFM
JOUFSDBNCJBEPSQSJNBSJP&OGBTFDBMFGBDDJÓOMB
DBMEFSBTJMBUFNQFSBUVSBEFMBHVBEFMDJSDVJUP
FTTVêDJFOUFQBSBDBMFOUBSMPTSBEJBEPSFTQVFEF
GVODJPOBS DPO TÓMP FM DJSDVMBEPS EF DBMEFSB
BDUJWBEP
8 USBLDJF QPMFDFOJB PHS[FXBOJB PUPD[FOJB
QPKBXJBTJNjOBQJTt0(3;&8uOBXZǧXJFUMBD[V
3ZT
OBXTLBǺOJLV
BKFEOPD[FǧOJF
[ [BQBMFOJFN QBMOJLB [BƾD[B TJNj XTLBǺOJL
PCFDOPǧDJQPNJFOJB
XSB[[FTUPTPXOƾTLBMƾ
NPDZJXTLBǺOJLBNJJ
CJFǻƾDFKUFNQFSBUVSZ
QS[Z XZKǧDJV [ XZNJFOOJLB QJFSXPUOFHP 8
USBLDJFQPEHS[FXBOJBKFǻFMJUFNQFSBUVSBXPEZ
X JOTUBMBDKJ KFTU XZTUBSD[BKƾDB EP PHS[BOJB
LBMPSZGFSÓXLPDJPNPǻFQSBDPXBǀUZMLP[TBNƾ
QPNQƾPCJFHPXƾ
1ǥJ QPßBEBWLV OB QPLPKPWÊ WZUÃQLJOÎ TF OB
EJTQMFKJ
PCKFWÎOÃQJTt3*4$"-%i7:5¦1
0CS
OBTUBWPWÊNVLB[BUFMJ
BTPVǁBTOLJ
TF [BQÃMFOÎN IPǥÃLV TF SP[TWÎUÎ JOEJLÃUPS
QǥÎUPNOPTUJ QMBNFOF T QǥÎTMVØOPV ØLÃMPV
WÝLPOVBJOEJLÃUPSB
TPLBNßJUPVUFQMPUPV
OBWÝTUVQV[QSJNÃSOÎIPWÝNLJOÎLV7QǥÎQBELJ
ßF KF WF GÃ[J WZUÃQLJOÎ UFQMPUB WPEZ W TZTUÊNV
EPTUBUFǁOÃLPIǥFWVUPQOÝDIULJMFTNDzßFEPKÎU
QPV[FLBLUJWBDJPCLJIPWÊIPǁFSQBEMB
'VODJPOBNJFOUPFONPEPJOWJFSOPDPOTPOEB
FYUFSOBPQDJPOBM
'VOLDKPOPXBOJFXUSZCJF[JNPXZN[TPOEƾ
[FXONjUS[OƾPQDKB
1SPWP[W[JOÎNSFßJNVTQǥJQPKFOPVWFOLPWOÎ
TPOEPVWPMJUFMOLJ
3ZT
0CS
'JH
"QBSUJSEFFTUFNPNFOUPMBDBMEFSBGVODJPOBBVUP
NÃUJDBNFOUF4JOPIBZSFRVFSJNJFOUPEFDBMPSDB
MFGBDDJÓOPQSPEVDDJÓOEFBHVBDBMJFOUFTBOJUBSJB
MBDBMEFSBTFTJUÙBFOGVODJÓOiFTQFSBuFRVJWBMFOUF
BDBMEFSBBMJNFOUBEBQFSPTJOMMBNB
*NQPSUBOUF FT QPTJCMF RVF MB DBMEFSB TF QPOHB
BVUPNÃUJDBNFOUFFOGVODJPOBNJFOUPFODBTPRVFTF
BDUJWFMBGVODJÓOBOUJIJFMP
"EFNÃTFTQPTJCMF
RVFMBDBMEFSBQFSNBOF[DBFOGVODJPOBNJFOUPVO
CSFWFQFSJPEPEFUJFNQPUSBTIBCFSTVNJOJTUSBEP
BHVBDBMJFOUFTBOJUBSJBQBSBSFTUBCMFDFSMBUFNQF
SBUVSBEFMDJSDVJUPTBOJUBSJP
"UFODJÓO DPO MB DBMEFSB FO NPEP TUBOECZ
OP FT QPTJCMF QSPEVDJS BHVB DBMJFOUF Z OP
TF HBSBOUJ[BO GVODJPOFT EF TFHVSJEBE DPNP BO
UJCMPRVFP EF MB CPNCB BOUJIJFMP Z BOUJCMPRVFP
USFTWÎBT
"7*40%&"/0."-±"4:"7&3±"4
-B DBMEFSB ;FVT 4VQFSJPS L8 JOEJDB MBT QPTJCMFT
BOPNBMÎBT NFEJBOUF FM QBSQBEFP EFM TÎNCPMP DPOKVOUBNFOUFDPOFMNFOTBKFi&33YYuFOFMJOEJ
DBEPS
EPOEFiYYuFTFMDÓEJHPEFFSSPSDPOUFOJ
EPFOMBTJHVJFOUFUBCMB4JFTUÃBDUJWBEPVONBOEP
SFNPUPFMDÓEJHPEFFSSPSFTUBSÃSFQSFTFOUBEPQPS
VODÓEJHPOVNÊSJDPTFHÙOFTUFFKFNQMPQFK$"3
&YY4VQFS$"3&33YY
"OPNBMÎBJOEJDBEB
#MPRVFPQPSGBMUBEFFODFOEJEP
$ÓEJHP
EFFSSPS
#MPRVFPQPSUFSNPTUBUPEFTFHVSJEBE
TPCSFUFNQFSBUVSB
BOPNBMÎBEF
DPOUSPMEFMMBNB
"OPNBMÎBFOWFOUJMBEPS
0EUFHPNPNFOUVLPDJPQSBDVKFBVUPNBUZD[OJF*8
CSBLVQPMFDFOJBQSPEVLDKJDJFQBPHS[FXBOJBMVC
QSPEVLDKJDJFQFKXPEZTBOJUBSOFK
LPDJPVTUBXJB
TJNjOBGVOLDKJiPD[FLJXBOJBuPEQPXJBEBKƾDFKQP[ZDKJ
LPUB[BTJMBOFHPCF[PCFDOPǧDJQPNZLB
/# LPDJP NPǻF TJNj BVUPNBUZD[OJF [BƾD[Zǀ X
QS[ZQBELVHEZKFTUBLUZXOBGVOLDKB[BQPCJFHBKƾDB
[BNBS[BOJV
1POBEUPLPDJPNPǻF[BƾD[ZǀTJNj
QS[F[LSÓULJPLSFTD[BTVQPQPCSBOJVDJFQFKXPEZ
DFMFNXZSÓXOBOJBUFNQFSBUVSZXPCJFHV
6XBHBKFǻFMJLPDJP[OBKEVKFTJNjXUSZCJFTUBOECZ
DJFQBXPEBOJFNPǻFCZǀQSPEVLPXBOBJOJF
Tƾ[BQFXOJPOFGVOLDKFCF[QJFD[FǝTUXBKBL
BOUZCMPLBEB QPNQZ GVOLDKB [BQPCJFHBKƾDB
[BNBS[BOJVBOUZCMPLBEB[BXPSVUSÓKESPǻOFHP
4:(/"-*;"$+&%05:$;Ž$&
645&3&,*"8"3**
,PDJP;FVT4VQFSJPSL8TZHOBMJ[VKFFXFOUVBMOƾ
VTUFSLNj [B QPNPDƾ NJHBOJB TZNCPMV LUÓSFNV
UPXBS[ZT[Z OBQJT i&33YYu OB XTLBǺOJLV HE[JFiYYuPEQPXJBEBLPEPXJCNjEVPQJTBOFNVX
QPOJǻT[FKUBCFMJ/BFXFOUVBMOZN[EBMOZNQBOFMV
LPE CNjEV CNjE[JF XZǧXJFUMPOZ [B QPNPDƾ UFHP
TBNFHP LPEV OVNFSZD[OFHP QS[FETUBXJPOFHP X
TQPTÓCOBTUNjQVKƾDZOQ$"3&YY4VQFS$"3
&33YY
4ZHOBMJ[PXBOBBXBSJB
,PE
CNjEV
0EUÊUPDIWÎMFLPUFMQSBDVKFBVUPNBUJDLZ7QǥÎQBELJ
BCTFODF QPUǥFCZ UFQMB WZUÃQLJOÎ OFCP PIǥFW
UFQMÊ VßJULPWÊ WPEZ
TF LPUFM VWFEF EP QPIPUP
WPTUOÎGVOLDFLUFSÃPEQPWÎEÃLPUMJOBQÃKFOÊNCF[
QǥÎUPNOPTUJQMBNFOF
1P[OÃNLB+FNPßOÊßFTFLPUFMVWFEFTQVTUÎBV
UPNBUJDLZWQǥÎQBELJBLUJWBDFGVOLDFQSPUJ[BNS[ÃOÎ
,SPNLJUPIPNDzßFLPUFM[DzTUBUWQSPWP[VOB
LSÃULPVEPCVQPPECLJSVUFQMÊVßJULPWÊWPEZBCZ
PCOPWJMUFQMPUVWVßJULPWÊNPLSVIV
6QP[PSOLJOÎ 6 LPUMF W QPIP
U P W P T U O Î N S F ß J N V T U B O E C Z
OFOÎ NPßOÊ PIǥÎWBU WPEV B OFKTPV HBSBO
UPWÃOZCF[QFǁOPTUOÎGVOLDFGVOLDFCSÃOÎDÎ[BCMP
LPWÃOÎǁFSQBEMBGVOLDFCSÃOÎDÎ[BNS[ÃOÎBGVOLDF
QSPUJ[BCMPLPWÃOÎUǥÎDFTUOÊIPWFOUJMV
4*(/"-*;"$&;¦7"%"1036$)
,PUFM ;FVT 4VQFSJPS L8 TJHOBMJ[VKF QǥÎQBEOPV
QPSVDIVCMJLÃOÎNTZNCPMV
TQPKFOÊIPTÙEBKFN
i&33YYuOBVLB[BUFMJ
LEFiYYuPEQPWÎEÃDIZ
CPWÊNV LÓEV QPQTBOÊNV W OÃTMFEVKÎDÎ UBCVMDF
/B QǥÎQBEOÊN EÃMLPWÊN PWMBEBǁJ CVEF DIZCPWÝ
LÓE [PCSB[FO QPNPDÎ TUFKOÊIP ǁÎTFMOÊIP LÓEV
LUFSÝKFVWFEFOOÃTMFEPWOLJQǥ$"3&YY4VQFS
$"3&33YY
4JHOBMJ[PWBOÃQPSVDIB
,ÓE
DIZCZ
#MPLBEB[QPXPEVCSBLV[BƾD[FOJB
;BCMPLPWÃOÎWEDzTMFELVOF[BQÃMFOÎ
#MPLBEBUFSNPTUBUVCF[QJFD[FǝTUXB
QS[FHS[BOJF
BXBSJBLPOUSPMJQPNZLB
5FSNPTUBUJDLÊCF[QFǁOPTUOÎ[BCMP
LPWÃOÎWQǥÎQBELJOBENLJSOÊUFQMPUZ
QPSVDIBLPOUSPMZQMBNFOF
"XBSJBXFOUZMBUPSB
1PSVDIBWFOUJMÃUPSV
Stránka 39 z 62
&4
1-
$;
#MPRVFPQPSSFTJTUFODJBDPOUBDUPT
#MPLBEBSF[ZTUPSBTUZLÓX
#MPLPEQPSVLPOUBLUDz
"OPNBMÎBFOTPOEBEFEFTDBSHB
"XBSJBTPOEZUPD[OFK
1PSVDIBTPOZOBWÝTUVQV
1SFTJÓOFOJOTUBMBDJÓOJOTVêDJFOUF
/JFXZTUBSD[BKƾDFDJǧOJFOJFJOTUBMBDKJ
/FEPTUBUFǁOÝUMBL[BǥÎ[FOÎ
"OPNBMÎBFONFEJEPSEFDBVEBMEF
IVNPT
"XBSJBNJFSOJLQS[FQZXVTQBMJO
1PSVDIBQSDzUPLPNLJSVTQBMJO
"OPNBMÎBFOTPOEBEFMBDVNVMBEPS
"XBSJBTPOEZCPKMFSB
1PSVDIBTPOEZPIǥÎWBǁF
.FEJEPSEFDBVEBMEFIVNPTGVFSB
EFSBOHP
.JFSOJLQS[FQZXVTQBMJOQP[B[BLSFTFN
1SDzUPLPNLJSTQBMJONJNPSP[TBI
&SSPSEFDPOêHVSBDJÓO
#ƾELPOêHVSBDKJ
$IZCBLPOêHVSBDF
7FMPDJEBEEFMWFOUJMBEPSJODPSSFDUB
1SNjELPǧǀXFOUZMBUPSBOJFQSBXJEPXB
/FTQSÃWOÃSZDIMPTUWFOUJMÃUPSV
#MPRVFPQPSMMBNBQBSÃTJUB
#MPLBEB[CNjEOFHPQPNZLB
#MPLQBSB[JUOÎIPQMBNFOF
"OPNBMÎBFOQBOFM
"XBSJBQVMQJUV
1PSVDIBUMBǁÎULPWÊIPQBOFMV
$JSDVMBDJÓOJOTVêDJFOUF
0CJFHOJFXZTUBSD[BKƾDZ
/FEPTUBUFǁOÃDJSLVMBDF
1ÊSEJEBEFDPNVOJDBDJÓODPONBOEP
SFNPUP
6USBUBLPNVOJLBDKJ[F[EBMOZN
TUFSPXBOJFN
;USÃUBLPNVOJLBDFTEÃMLPWÝN
PWMBEBǁFN
5FOTJÓOEFBMJNFOUBDJÓOCBKB
/JTLJFOBQJNjDJF[BTJMBOJB
/Î[LÊOBQÃKFDÎOBQLJUÎ
1ÊSEJEBEFTFÒBMEFMMBNB
6USBUBTZHOBVQPNZLB
;USÃUBTJHOÃMVQMBNFOF
"UFODJÓO MPT DÓEJHPT EF FSSPS OP TF
WJTVBMJ[BOFOFMEJTQMBZEFM$"3OJFOFMEFM4VQFS
$"3
#MPRVFPQPSGBMUBEFFODFOEJEP$BEBWF[RVFTF
SFRVJFSFDBMFGBDDJÓOBNCJFOUFPQSPEVDDJÓOEFBHVB
DBMJFOUFTBOJUBSJBMBDBMEFSBTFFODJFOEFBVUPNÃUJ
DBNFOUF4JQBTBEPTTFHVOEPTFMRVFNBEPSOP
TFIBFODFOEJEPMBDBMEFSBQFSNBOFDFFOFTQFSB
EVSBOUFTFHWVFMWFBJOUFOUBSMPZTJFTUFTFHVOEP
JOUFOUPUBNCJÊOGBMMBFOUSBFOiCMPRVFPQPSGBMUB
EFFODFOEJEPu&33
1BSBFMJNJOBSFMiCMPRVFP
QPSGBMUBEFFODFOEJEPuFTOFDFTBSJPQVMTBSFMCPUÓO
3FTFUi$u&TQPTJCMFSFTFUFBSVOBBOPNBMÎBWFDFT
TFHVJEBT QFSP BHPUBEBT FTUBT PQPSUVOJEBEFT FM
SFTFUZBOPTFSÃQPTJCMFBMNFOPTEVSBOUFVOBIPSB
SFDVQFSÃOEPTFVOBPQPSUVOJEBEEFFODFOEJEPQPS
DBEBIPSBUSBOTDVSSJEBIBTUBVONÃYJNPEFJO
UFOUPT"QBHBOEPZWPMWJFOEPBFODFOEFSFMBQBSBUP
TF WVFMWFO B SFDVQFSBS JOUFOUPT /P FT FYUSBÒP
RVFEVSBOUFFMQSJNFSFODFOEJEPPEFTQVÊTEFVO
QFSJPEPQSPMPOHBEPEFJOBDUJWJEBEEFMBQBSBUPTFB
OFDFTBSJPSFBMJ[BSFMSFTFUEFiCMPRVFPQPSGBMUBEF
FODFOEJEPu1FSPTJFTUBBOPNBMÎBTVDFEFGSFDVFO
UFNFOUFTFSÃOFDFTBSJPRVFJOUFSWFOHBVOUÊDOJDP
BVUPSJ[BEPQPSFKFNQMPFM4FSWJDJPEF"TJTUFODJB
5ÊDOJDB*NNFSHBT
#MPRVFPQPSUFSNPTUBUPEFTFHVSJEBETPCSFUFN
QFSBUVSB
%VSBOUFFMGVODJPOBNJFOUPOPSNBMTJ
EFCJEPBVOBBOPNBMÎBTFWFSJêDBVOTPCSFDBMFOUB
NJFOUPJOUFSOPFYDFTJWPPQPSVOBBOPNBMÎBFOFM
EJTQPTJUJWPEFDPOUSPMEFMMBNBFOUPODFTMBDBMEFSB
FOUSBFOCMPRVFPQPSTPCSFUFNQFSBUVSB&33
1BSBFMJNJOBSFMiCMPRVFPQPSTPCSFUFNQFSBUVSBuFT
OFDFTBSJPQVMTBSFMCPUÓO3FTFUi$u4JFMCMPRVFP
TF WFSJêDB GSFDVFOUFNFOUF MMBNBS B VO UÊDOJDP
BVUPSJ[BEPQPSFKFNQMPFM4FSWJDJPEF"TJTUFODJB
5ÊDOJDB*NNFSHBT
"OPNBMÎB FO WFOUJMBEPS 4VDFEF FO FM DBTP EF
CMPRVFPEFMWFOUJMBEPSPEFPCTUSVDDJÓOEFMPTDPO
EVDUPTEFBTQJSBDJÓOPFWBDVBDJÓO"MSFTUBCMFDFSTF
MBTDPOEJDJPOFTOPSNBMFTMBDBMEFSBTFFODJFOEFTJO
OFDFTJEBEEFSFTFU4JMBBOPNBMÎBOPDFTBFTOFDFTB
SJPMMBNBSBVOUÊDOJDPBVUPSJ[BEPQPSFKFNQMPFM
4FSWJDJPEF"TJTUFODJB5ÊDOJDB*NNFSHBT
#MPRVFPQPSSFTJTUFODJBDPOUBDUPT4VDFEFDVBOEP
TFBWFSÎBFMUFSNPTUBUPEFTFHVSJEBETPCSFUFNQFSB
UVSB
PFYJTUFVOBBOPNBMÎBFOFMDPOUSPMEFMMBNB
-BDBMEFSBOPTFFODJFOEFQPSMPRVFFTOFDFTBSJP
MMBNBS B VO UÊDOJDP BVUPSJ[BEP QPS FKFNQMP FM
4FSWJDJPEF"TJTUFODJB5ÊDOJDB*NNFSHBT
"OPNBMÎB FO MB TPOEB EF EFTDBSHB 4J MB UBSKFUB
EFUFDUBVOBBWFSÎBFOMBTPOEB/5$EFTBMJEBDBMF
GBDDJÓOMBDBMEFSBOPTFFODJFOEFQPSMPRVFFTOF
DFTBSJPMMBNBSBVOUÊDOJDPBVUPSJ[BEPQPSFKFNQMP
FM4FSWJDJPEF"TJTUFODJB5ÊDOJDB*NNFSHBT
1SFTJÓO FO JOTUBMBDJÓO JOTVêDJFOUF -B QSFTJÓO
NFEJEBEFMBHVBEFMDJSDVJUPEFDBMFGBDDJÓOOPFT
6XBHBLPEZCNjEVOJFTƾXZǧXJFUMBOF
OBFLSBOJFQBOFMV$"3J4VQFS$"3
6QP[PSOLJOÎDIZCPWÊLÓEZOFCVEPVOB
EJTQMFKJ$"3B4VQFS$"3[PCSB[FOZ
#MPLBEB [ QPXPEV CSBLV [BƾD[FOJB /B LBǻEF
QPMFDFOJFPHS[BOJBPUPD[FOJBMVCQSPEVLDKJDJFQFK
XPEZ LPDJP [BƾD[B TJNj BVUPNBUZD[OJF+FǻFMJ X
QS[FDJƾHVTFLVOEQBMOJLOJF[BQBMBTJNjLPDJP
PED[FLVKF QS[F[ TFL QPOBXJB QSÓCNj J KFǻFMJ
OJF[BLPǝD[ZTJNjPOBQPNZǧMOJFQS[FDIPE[JXTUBO
iCMPLBEZ [ QPXPEV CSBLV [BƾD[FOJBu&33
"CZ VTVOƾǀ UNj CMPLBENj OBMFǻZ OBDJTOƾǀ QS[ZDJTL
3FTFUi$u#MPLBEBNPǻFCZǀSFTFUPXBOBEPSB[Z
QPD[ZNGVOLDKBTUBKFTJNjOJFEPTUNjQOBQS[F[PLSFT
HPE[JOZBQPHPE[JOJFNPǻOB[OÓXQJNjDJPLSPUOJF
QPOPXJǀQSÓCNj0EDJOBKƾDOBQJNjDJFJQPOPXOJFKF
QS[ZXSBDBKƾD[ZTLVKFTJNjNPǻMJXPǧǀXZLPOBOJB
QSÓC1PED[BTQJFSXT[FHPVSVDIPNJFOJBJQPEVHJN
PLSFTJFOJFBLUZXOPǧDJNPǻFPLB[BǀTJNjLPOJFD[OF
XZLPOBOJF [BCJFHV DFMFN VTVOJNjDJB iCMPLBEZ [
QPXPEVCSBLV[BƾD[FOJBu+FǻFMJBXBSJBD[NjTUPTJNj
QPXUBS[BOBMFǻZXF[XBǀVQPXBǻOJPOFHPUFDIOJLB
OBQS[ZLBE4FSXJT5FDIOJD[OZ*NNFSHBT
;BCMPLPWÃOÎWEDzTMFELVOF[BQÃMFOÎ1ǥJLBßEÊN
QPßBEBWLV OB WZUÃQLJOÎ NÎTUOPTUJ OFCP PIǥFW
VßJULPWÊWPEZTFLPUFMBVUPNBUJDLZ[BQOF1PLVE
OFEPKEFCLJIFNWUFǥJOL[BQÃMFOÎIPǥÃLV[DzTUBOF
LPUFMWLMJEVOBWUFǥJO[OPWVTFQPLVTÎP[BQÃMFOÎ
BQPLVEOFVTQLJKFBOJQǥJESVIÊNQPLVTV[BCMPLVKF
TF W EDzTMFELV OF[BQÃMFOÎ &33
5PUP [BCMP
LPWÃOÎPETUSBOÎUFTUJTLFNUMBǁÎULB3FTFUt$i1PSV
DIVKFNPßOÊUBLUPPETUSBOJUBßQLJULSÃUQPTPCLJ
1BL KF GVOLDF [BLÃ[ÃOB OB EPCV OFKNÊOLJ KFEOÊ
IPEJOZ5BLUP[ÎTLÃUFKFEFOQPLVTLBßEPVIPEJOV
QǥJǁFNßNBYJNÃMOÎQPǁFUQPLVTDzKFQLJU7ZQOVUÎN
B[BQOVUÎNQǥÎTUSPKF[OPWV[ÎTLÃUFQPLVTDz1ǥJ
QSWOÎN[BQOVUÎQPEFMØÎEPCLJOFǁJOOPTUJ[BǥÎ[FOÎ
NDzßFCÝUQPUǥFCBPETUSBOJU[BCMPLPWÃOÎWEDzTMFELV
OF[BQÃMFOÎ1PLVETFUFOUPKFWPQBLVKFǁBTUPPCSBǬUF
TFOBLWBMJêLPWBOÊIPUFDIOJLBOBQǥ[FTFSWJTOÎIP
PEELJMFOÎ*NNFSHBT
# M P L B E B U F S N P T U B U V C F [ Q J F D [ F ǝ T U X B
QS[FHS[BOJF
8 USBLDJF OPSNBMOFHP E[JBBOJBX
QS[ZQBELVOBENJFSOFHPQS[FHS[BOJBXFXONjUS[OFHP
XZOJLBKƾDFHP[VTUFSLJMVCBXBSJJ[FTQPVLPOUSPMJ
QPNZLB LPDJP KFTU CMPLPXBOZ[ QPXPEV
QS[FHS[BOJB &33
"CZ VTVOƾǀ iCMPLBENj[
QPXPEVQS[FHS[BOJBuOBMFǻZOBDJTOƾǀQS[ZDJTL3FTFU
i$u+FǻFMJ[KBXJTLPQPXTUBKFD[NjTUPOBMFǻZXF[XBǀ
BVUPSZ[PXBOFHPUFDIOJLBOBQS[ZLBE[4FSXJTV
5FDIOJD[OFHP*NNFSHBT
"XBSJB XFOUZMBUPSB 1PXTUBKF X QS[ZQBELV
HEZ XFOUZMBUPS VMFHB CMPLBE[JF MVC KFǻFMJ SVSZ
TTƾDFJPEQSPXBE[BKƾDFTƾ[BULBOF8QS[ZQBELV
QS[ZXSÓDFOJBOPSNBMOZDIXBSVOLÓXLPDJPX[OBXJB
QSBDNjCF[QPUS[FCZSFTFUPXBOJB+FǻFMJVTUFSLBKFTU
OBEBM PCFDOB OBMFǻZ XF[XBǀBVUPSZ[PXBOFHP
UFDIOJLB OB QS[ZLBE [ 4FSXJTV 5FDIOJD[OFHP
*NNFSHBT
#M PL BE B SF [ZTUPS B TUZ LÓX 1PX TU BK F X
QS[ZQBELVBXBSJJ UFSNPTUBUV CF[QJFD[FǝTUXB
QS[FHS[BOJB
MVC VTUFSLJ X [FTQPMF LPOUSPMJ
QPNZLB ,PDJPOJF [BƾD[B TJNj OBMFǻZ XF[XBǀ
BVUPSZ[PXBOFHP UFDIOJLBOB QS[ZLBE [ 4FSXJTV
5FDIOJD[OFHP*NNFSHBT
"XBSJB TPOEZ SVS Z UPD[OFK +FǻFMJ LBSUB
XZLS ZKFBXBSJNj TPOEZ /5$ SVS Z UPD[OFK
JOTUBMBDKJLPDJP OJF [BƾD[B TJNj OBMFǻZ XF[XBǀ
BVUPSZ[PXBOFHPUFDIOJLBOBQS[ZLBE[4FSXJTV
5FDIOJD[OFHP*NNFSHBT
/ J F X Z T U B S D [ B K ƾ D F D J ǧ O J F O J F , B S U B O J F
PED[ZUVKFXZTUBSD[BKƾDFHP DJǧOJFOJB XPEZ X
PCJFHVPHS[FXBOJBEMB[BQFXOJFOJBQSBXJEPXFHP
GVOLDKPOPXBOJB LPUB 4QSBXE[JǀOB NBOPNFUS[F
LPUB D[Z DJǧOJFOJFJOTUBMBDKJ KFTU [BXBSUF X
QS[FE[JBMFNJNjE[ZœCBS
Stránka 40 z 62
5FSNPTUBUJDLÊ CF[QFǁOPTUOÎ [BCMPLPWÃOÎ W
QǥÎQBELJ QǥFIǥÃUÎ
1PLVE W QSDzCLJIV CLJßOÊIP
QSPWP[OÎIP SFßJNV [ EDzWPEV QPSVDIZ EPKEF L
OBENLJSOÊNV WOJUǥOÎNV QǥFIǥÃUÎ OFCP L QPSVØF
ǥÎ[FOÎQMBNFOFLPUFMTF[BCMPLVKF&33
5PUP
[BCMPLPWÃOÎ PETUSBOÎUF TUJTLFN UMBǁÎULB 3FTFU
t$i 1PLVE TF UFOUP KFW PQBLVKF ǁBTUP PCSBǬUF TF
OB LWBMJêLPWBOÊIP UFDIOJLB OBQǥ [F TFSWJTOÎIP
PEELJMFOÎ*NNFSHBT
1PSVDIB WFOUJMÃUPSV , UÊUP QPSVØF EPDIÃ[Î W
QǥÎQBELJ ßF TF VDQF OBTÃWBDÎ B WÝGVLPWÊ QPUSVCÎ
OFCP QPLVE TF [BCMPLVKF WFOUJMÃUPS 7 QǥÎQBELJ
PCOPWFOÎCLJßOÝDIQPENÎOFLTFLPUFM[OPWVTQVTUÎ
CF[UPIPBOJßCZCZMPOVUOÊKFKSFTFUPWBU1PLVEUBUP
QPSVDIBQǥFUSWÃPCSBǬUFTFOBLWBMJêLPWBOÊIPUFDI
OJLBOBQǥ[FTFSWJTOÎIPPEELJMFOÎ*NNFSHBT
#MPLPEQPSVLPOUBLUDz,UPNVUPCMPLVEPDIÃ[Î
W QǥÎQBELJ [ÃWBEZ CF[QFǁOPTUOÎIP UFSNPTUBUV
QǥFIǥÃUÎ
OFCPQPSVDIZLPOUSPMZQMBNFOF,PUFM
TFOF[BQÎOÃKFOVUOÊTFPCSÃUJUOBLWBMJêLPWBOÊIP
UFDIOJLB OBQǥ [F TFSWJTOÎIP PEELJMFOÎ *NNFS
HBT
1PSVDIBWFOLPWOÎTPOEZ1PLVELBSUB[KJTUÎQPSV
DIVOBTPOELJ/5$OBWÝTUVQVEPTZTUÊNVLPUFM
TFOFTQVTUÎQBLKFUǥFCBQǥJWPMBULWBMJêLPWBOÊIP
UFDIOJLBOBQǥÎLMBE[PEELJMFOÎUFDIOJDLÊQPNPDJ
TQPMFǁOPTUJ*NNFSHBT
/FEPTUBUFǁOÝUMBL[BǥÎ[FOÎ,UÊUPQPSVØFEPDIÃ[Î
W QǥÎQBELJ ßF TF [KJTUÎ ßF UMBL WPEZ WF WZUÃQLJDÎN
PLSVIVOFOÎEPTUBUǁFOÝLFTQSÃWOÊNVDIPEVLPUMF
;LPOUSPMVKUFOBNBOPNFUSVLPUMF
[EBKFUMBL
WTZTUÊNVWSP[NF[ΜCBS
&4
1-
$;
TVêDJFOUF QBSB BTFHVSBS RVF MB DBMEFSB GVODJPOF
DPSSFDUBNFOUF$PNQSPCBSQPSNFEJPEFMNBOÓ
NFUSPEFMBDBMEFSB
RVFMBQSFTJÓOEFMDJSDVJUP
FTUÃFOUSFZCBS
"X B S J B N J F S O J L B Q S [ F Q  Z X V T Q B M J O 1PXTUBKF KFǻFMJNJFSOJL QS[FQZXV TQBMJO KFTU
VT[LPE[POZTZHOB PCFDOZ QS[Z XZƾD[POZN
XFOUZMBUPS[F
8 QS[ZQBELV QS[ZXSÓDFOJB
OPSNBMOZDIXBSVOLÓXLPDJPX[OBXJBQSBDNjCF[
QPUS[FCZ SFTFUPXBOJB+FǻFMJ VTUFSLB KFTU OBEBM
PCFDOBOBMFǻZXF[XBǀBVUPSZ[PXBOFHPUFDIOJLBOB
QS[ZLBE[4FSXJTV5FDIOJD[OFHP*NNFSHBT
1PSVDIB QSDzUPLPNLJSV TQBMJO , UÊUP QPSVØF
EPDIÃ[Î W QǥÎQBELJ [ÃWBEZ QSDzUPLPNLJSV TQBMJO
TJHOÃM QǥÎUPNOÝ W QǥÎQBELJ WZQOVUÊIP WFOUJMÃ
UPSV
7QǥÎQBELJPCOPWFOÎCLJßOÝDIQPENÎOFLTF
LPUFM[OPWVTQVTUÎCF[UPIPBOJßCZCZMPOVUOÊKFK
SFTFUPWBU1PLVEUBUPQPSVDIBQǥFUSWÃPCSBǬUFTF
OB LWBMJêLPWBOÊIP UFDIOJLB OBQǥ [F TFSWJTOÎIP
PEELJMFOÎ*NNFSHBT
"XBSJBTPOEZCPKMFSB+FǻFMJLBSUBXZLSZKFVTUFSLNj
TPOEZCPKMFSBLPDJPOJFNPǻFQSPEVLPXBǀDJFQFK
XPEZTBOJUBSOFK/BMFǻZXF[XBǀBVUPSZ[PXBOFHP
UFDIOJLB OB QS[ZLBE [ 4FSXJTV 5FDIOJD[OFHP
*NNFSHBT
1PSVDIB TPOEZ PIǥÎWBǁF 1PLVE LBSUB PEIBMÎ
QPSVDIVOBTPOELJPIǥÎWBǁFOFNDzßFLPUFMPIǥÎWBU
VßJULPWPVWPEV+FOVUOÊQǥJWPMBULWBMJêLPWBOÊIP
UFDIOJLB OBQǥ [F TFSWJTOÎIP PEELJMFOÎ *NNFS
HBT
.JFSOJLQS[FQZXVTQBMJOQP[B[BLSFTFN+FǻFMJ
LBSUB XZLSZKFOJFQSBXJEPXF GVOLDKPOPXBOJF
NJFSOJLBQS[FQZXV TQBMJO LPDJP OJF [BƾD[B
TJNj X QS[ZQBELVQS[ZXSÓDFOJB OPSNBMOZDI
XBSVOLÓX LPDJPX[OBXJB QSBDNj CF[ QPUS[FCZ
SFTFUPXBOJB+FǻFMJVTUFSLBKFTUOBEBMPCFDOBOBMFǻZ
XF[XBǀBVUPSZ[PXBOFHP UFDIOJLB OB QS[ZLBE [
4FSXJTV5FDIOJD[OFHP*NNFSHBT
1SDzUPLPNLJS TQBMJO NJNP SP[TBI ,EZß LBSUB
PEIBMÎ OFTQSÃWOPV GVOLDJ QSDzUPLPNLJSV TQBMJO
LPUFMTFOF[BQOF7QǥÎQBELJPCOPWFOÎCLJßOÝDIQPE
NÎOFLTFLPUFM[OPWVTQVTUÎCF[UPIPBOJßCZCZMP
OVUOÊ KFK SFTFUPWBU 1PLVE UBUP QPSVDIB QǥFUSWÃ
PCSBǬUF TF OB LWBMJêLPWBOÊIP UFDIOJLB OBQǥ [F
TFSWJTOÎIPPEELJMFOÎ*NNFSHBT
"OPNBMÎBFONFEJEPSEFDBVEBMEFIVNPT4V
DFEFDVBOEPFMNFEJEPSEFDBVEBMEFIVNPTFTUÃ
BWFSJBEPTFÒBMQSFTFOUFDPOWFOUJMBEPSBQBHBEP
"MSFTUBCMFDFSTFMBTDPOEJDJPOFTOPSNBMFTMBDBMEFSB
TF FODJFOEF TJO RVF TFB OFDFTBSJP VO SFTFU 4J MB
BOPNBMÎBOPDFTBFTOFDFTBSJPMMBNBSBVOUÊDOJDP
BVUPSJ[BEPQPSFKFNQMPFM4FSWJDJPEF"TJTUFODJB
5ÊDOJDB*NNFSHBT
"OPNBMÎBFOMBTPOEBEFMBDVNVMBEPS4JMBUBSKFUB
EFUFDUBVOBBOPNBMÎBFOMBTPOEBEFMBDVNVMBEPS
MB DBMEFSB OP QVFEF QSPEVDJS BHVB DBMJFOUF TBOJ
UBSJB&TOFDFTBSJPMMBNBSBVOUÊDOJDPBVUPSJ[BEP
QPS FKFNQMP FM 4FSWJDJP EF "TJTUFODJB 5ÊDOJDB
*NNFSHBT
.FEJEPSEFDBVEBMEFIVNPTGVFSBEFSBOHP4JMB
UBSKFUBEFUFDUBGVODJPOBNJFOUPJODPSSFDUPNFEJEPS
EFDBVEBMEFIVNPTMBDBMEFSBOPTFFODJFOEFBM
SFTUBCMFDFSTF MBT DPOEJDJPOFT OPSNBMFT MB DBMEFSB
TF FODJFOEF TJO RVF TFB OFDFTBSJP VO SFTFU 4J MB
BOPNBMÎBOPDFTBFTOFDFTBSJPMMBNBSBVOUÊDOJDP
BVUPSJ[BEPQPSFKFNQMPFM4FSWJDJPEF"TJTUFODJB
5ÊDOJDB*NNFSHBT
&SSPSEFDPOêHVSBDJÓO4JMBUBSKFUBEFUFDUBVOB
BOPNBMÎB P QSPCMFNB FO FM DBCMFBEP FMÊDUSJDP EF
MBDBMEFSBÊTUBOPTFFODJFOEF"MSFTUBCMFDFSTFMBT
DPOEJDJPOFTOPSNBMFTMBDBMEFSBTFFODJFOEFTJORVF
TFBOFDFTBSJPVOSFTFU4JMBBOPNBMÎBOPDFTBFTOF
DFTBSJPMMBNBSBVOUÊDOJDPBVUPSJ[BEPQPSFKFNQMP
FM4FSWJDJPEF"TJTUFODJB5ÊDOJDB*NNFSHBT
7FMPDJEBEEFMWFOUJMBEPSJODPSSFDUB4JMBUBSKFUB
EFUFDUBVOBBOPNBMÎBFOFMWFOUJMBEPSZOPMPHSB
DPOUSPMBSTVWFMPDJEBEDPNVOJDBMBBOPNBMÎB-B
DBMEFSBDPOUJOVBGVODJPOBOEPQFSPFTOFDFTTBSJP
MMBNBS B VO UÊDOJDP BVUPSJ[BEP QPS FKFNQMP FM
4FSWJDJPEF"TJTUFODJB5ÊDOJDB*NNFSHBT
#MPRVFP QPS MMBNB QBSÃTJUB 4VDFEF FO DBTP EF
EJTQFSTJÓOEFMDJSDVJUPEFEFUFDDJÓOPBOPNBMÎBFO
FMDPOUSPMEFMMBNB&TQPTJCMFSFTFUFBSMBDBMEFSB
QBSBQPEFSSFBMJ[BSVOOVFWPJOUFOUPEFFODFOEJEP
4JMBDBMEFSBOPTFFODJFOEFFTOFDFTBSJPMMBNBSB
VOUÊDOJDPBVUPSJ[BEPQPSFKFNQMPFM4FSWJDJPEF
"TJTUFODJB5ÊDOJDB*NNFSHBT
"OPNBMÎB FO FM QBOFM 4VDFEF DVBOEP MB UBSKFUB
FMFDUSÓOJDB EFUFDUB VOB BOPNBMÎB FO FM QBOFM EF
DPOUSPM"MSFTUBCMFDFSTFMBTDPOEJDJPOFTOPSNBMFT
MB DBMEFSB TF FODJFOEF TJO RVF TFB OFDFTBSJP VO
SFTFU4JMBBOPNBMÎBOPDFTBFTOFDFTBSJPMMBNBSB
VOUÊDOJDPBVUPSJ[BEPQPSFKFNQMPFM4FSWJDJPEF
"TJTUFODJB5ÊDOJDB*NNFSHBT
$JSDVMBDJÓOJOTVêDJFOUF1PSTPCSFDBMFOUBNJFOUP
EFMBDBMEFSBEFCJEPBJOTVêDJFOUFDJSDVMBDJÓOEF
BHVB FO FM DJSDVJUP QSJNBSJP MBT DBVTBT QPTJCMFT
TPO
QPDB DJSDVMBDJÓO FO MB JOTUBMBDJÓO DPNQSPCBS
RVF OP FYJTUB VOB MMBWF EF QBTP DFSSBEB FO FM
DJSDVJUPEFDBMFGBDDJÓOZRVFMBJOTUBMBDJÓOFTUÊ
DPNQMFUBNFOUFMJCSFEFBJSFQVSHBEB
DJSDVMBEPS CMPRVFBEP TFSÃ OFDFTBSJP EFTCMP
RVFBSFMDJSDVMBEPS
4JFTUBBOPNBMÎBTFSFQJUFGSFDVFOUFNFOUFMMBNBSB
VOUÊDOJDPBVUPSJ[BEPQPSFKFNQMPFM4FSWJDJPEF
"TJTUFODJB5ÊDOJDB*NNFSHBT
1ÊSEJEBEFDPNVOJDBDJÓODPONBOEPSFNPUP
4VDFEF FO DBTP EF DPOFYJÓO B NBOEP SFNPUP
OPDPNQBUJCMFPCJFOFODBTPEFQSPCMFNBTEF
DPNVOJDBDJÓOFOUSFMBDBMEFSBZFM$"3PFM4VQFS
$"3*OUFOUBSEFOVFWPFMQSPDFTPEFBDUJWBDJÓO
BQBHBOEPZWPMWJFOEPBFODFOEFSMBDBMEFSB4J
UBNQPDPFOFTUBPDBTJÓOTFBDUJWBFMNBOEPSF
NPUPMBDBMEFSBQBTBBNPEPEFGVODJPOBNJFOUP
MPDBMFTEFDJSDPODPOUSPMBUSBWÊTEFMPTNBOEPT
QSFTFOUFT FO MB DBMEFSB &O FTUF DBTP MB DBMEFSB
OP QVFEF BDUJWBS FM NPEP i$BMFGBDDJÓOu 1BSB
QPEFSBDUJWBSFTUFNPEPi$BMFGBDDJÓOuQSJNFSP
FT OFDFTBSJP BDUJWBS MB GVODJÓO i&NFSHFODJBu
EFMNFOÙi1FSTPOBMJ[BDJPOFTu4JMBBOPNBMÎBTF
SFQJUFBNFOVEPMMBNBSBVOUÊDOJDPBVUPSJ[BEP
QPS FKFNQMP FM 4FSWJDJP EF "TJTUFODJB 5ÊDOJDB
*NNFSHBT
#ƾE LPOGJHVSBDKJ +FǻFMJ LBSUB XZLSZKFBXBSJNj
M V C O J F Q S B X J E  P X P ǧ ǀ O B P L B C M P X B O J V
FMFLUSZD[OZNLPDJPOJF[BƾD[BTJNj8QS[ZQBELV
QS[ZXSÓDFOJB OPSNBMOZDI XBSVOLÓXLPDJP
X[OBXJB QSBDNj CF[ LPOJFD[OPǧDJ[SFTFUPXBOJB
+FǻFMJ VTUFSLB KFTU OBEBM PC FDOB OBMFǻZ
XF[XBǀBVUPSZ[PXBOFHP UFDIOJLB OB QS[ZLBE [
4FSXJTV5FDIOJD[OFHP*NNFSHBT
/JFQSBXJEPXB QSNjELPǧǀ XFOUZMBUPSB +FǻFMJ
LBSUB XZLSZKFBXBSJNj XFOUZMBUPSB J OJF KFTU X
TUBOJFLPOUSPMPXBǀ KFHP QSNjELPǧDJ TZHOBMJ[VKF
BXBSJNj ,PDJPOBEBM QSBDVKF BMF OBMFǻZ XF[XBǀ
BVUPSZ[PXBOFHPUFDIOJLBOBQS[ZLBE[4FSXJTV
5FDIOJD[OFHP*NNFSHBT
#MPLBEB[QPXPEVEZTQFSTKJQPNJFOJB1PXTUBKF
X QS[ZQBELVEZTQFSTKJ X PCXPE[JF LPOUSPMOZN
MVC BXBSJJX [FTQPMF LPOUSPMJ QPNZLB .PǻOB
[SFTFUPXBǀ LPDJӐ BCZ VNPǻMJXJǀ XZLPOBOJF
LPMFKOFKQSÓCZ[BƾD[FOJB+FǻFMJLPDJPOJF[BƾD[B
TJNj OBMFǻZ XF[XBǀ BVUPSZ[PXBOFHP UFDIOJLB OB
QS[ZLBE[4FSXJTV5FDIOJD[OFHP*NNFSHBT
"XBSJB QVMQJUV 1PXTUBKF X QS[ZQBELVHEZ
LBSUB FMFLUSPOJD[OB XZLSZKF BXBSJNj OBQVMQJDJF
8 QS[ZQBELV QS[ZXSÓDFOJB OPSNBMOZDI
XBSVOLÓXLPDJPX[OBXJBQSBDNjCF[LPOJFD[OPǧDJ
[SFTFUPXBOJB+FǻFMJVTUFSLBKFTUOBEBMPCFDOBOBMFǻZ
XF[XBǀOBMFǻZXF[XBǀVQPXBǻOJPOFHPUFDIOJLBOB
QS[ZLBE[4FSXJTV5FDIOJD[OFHP*NNFSHBT
/JFEPTUBUFD[OZPCJFH1PXTUBKFXQS[ZQBELVHEZ
LPDJP KFTU QS[FHS[BOZ OB TLVUFLTBCFHP PCJFHV
XPEZXQJFSXPUOZNPCJFHVQS[ZD[ZOƾNPǻFCZǀ
TBCZ PCJFH X JOTUBMBDKJ TQSBXE[Jǀ D[Z[BXÓS
P EDJOBKƾD Z OB PCJFHV PHS[FXBOJB OJF
KFTU[BNLOJNjUZJD[ZJOTUBMBDKBKFTUDBLPXJDJFXPMOB
PE[BQPXJFUS[FOJBPEQPXJFUS[POB
QPNQBPCJFHPXBKFTU[BULBOBOBMFǻZPECMPLPXBǀ
QPNQNjPCJFHPXƾ
+FǻFMJ [KBXJTLP QPXTUBKF D[NjTUPOBMFǻZ XF[XBǀ
BVUPSZ[PXBOFHPUFDIOJLBOBQS[ZLBE[4FSXJTV
5FDIOJD[OFHP*NNFSHBT
6USBUB LPNVOJLBDKJ [F [EBMOZN QBOFMFN
1PXTUBKFX QS[ZQBELV QPEƾD[FOJB EP OJFLPN
QBUZCJMOFHP[EBMOFHP QBOFMV MVC X QS[ZQBELV
VUSBUZLPNVOJLBDKJ NJNjE[Z LPUFN J QBOFMFN
$"3MVC4VQFS$"38[OPXJǀQSÓCNjQSPDFEVSZ
QPƾD[FOJB XZƾD[BKƾDLPDJP J QPOPXOJF HP
[BƾD[BKƾD+FǻFMJQPQPOPXOZN[BƾD[FOJV[EBMOZ
QBOFMOJFKFTUPED[ZUZXBOZLPDJPQS[FDIPE[JOB
USZCGVOLDKPOPXBOJBMPLBMOFHPUKVǻZXBTUFSPXBǝ
[OBKEVKƾDZDI TJNj X LPUMF 8 UZN QS[ZQBELV
LPDJPOJFNPǻFVSVDIPNJǀGVOLDKJi0HS[FXBOJBu
"CZ LPDJP NÓH KFEOBL QSBDPXBǀX USZCJF
i0HS[FXBOJBuOBMFǻZVSVDIPNJǀGVOLDKNji"MBSNu
[OBKEVKƾDƾTJNjXNFOÜi*OEZXJEVBMOFVTUBXJFOJBu
+FǻFMJ[KBXJTLP QPXTUBKF D[NjTUPOBMFǻZ XF[XBǀ
BVUPSZ[PXBOFHPUFDIOJLBOBQS[ZLBE[4FSXJTV
5FDIOJD[OFHP*NNFSHBT
Stránka 41 z 62
$IZCBLPOêHVSBDF1PLVELBSUBPEIBMÎQPSVDIV
OFCP OFTIPEV W FMFLUSJDLÊ LBCFMÃßJ LPUFM TF OF
[BQOF7QǥÎQBELJPCOPWFOÎCLJßOÝDIQPENÎOFLTF
LPUFM[OPWVTQVTUÎCF[UPIPBOJßCZCZMPOVUOÊKFK
SFTFUPWBU1PLVEUBUPQPSVDIBQǥFUSWÃPCSBǬUFTF
OB LWBMJêLPWBOÊIP UFDIOJLB OBQǥ [F TFSWJTOÎIP
PEELJMFOÎ*NNFSHBT
/FTQSÃWOÃ SZDIMPTU WFOUJMÃUPSV 1PLVE LBSUB
PEIBMÎQPSVDIVOBWFOUJMÃUPSVBOFEBǥÎTFKÎLPO
USPMPWBUKFIPSZDIMPTUTJHOBMJ[VKFBOPNÃMJJ,PUFM
QPLSBǁVKF W QSPWP[V BMF KF OVUOÊ QǥJWPMBU LWBMJ
êLPWBOÊIPUFDIOJLBOBQǥ[FTFSWJTOÎIPPEELJMFOÎ
*NNFSHBT
#MPL QBSB[JUOÎIP QMBNFOF %PDIÃ[Î L OLJNV
W QǥÎQBELJ SP[QUÝMFOÎ [KJØǬPWBDÎIP PLSVIV OFCP
QPSVDIZǥÎ[FOÎQMBNFOF+FNPßOÊLPUFMSFTFUPWBU
BCZTUFVNPßOJMJOPWÝQPLVTP[BQOVUÎ1PLVETFLP
UFMOF[BQÎOÃKFOVUOÊQǥJWPMBULWBMJêLPWBOÊIPUFDI
OJLBOBQǥ[FTFSWJTOÎIPPEELJMFOÎ*NNFSHBT
1PSVDIB UMBǁÎULPWÊIP QBOFMV , UÊUP QPSVØF
EPDIÃ[Î W QǥÎQBELJ ßF FMFLUSPOJDLÃ LBSUB PEIBMÎ
[ÃWBEVOBUMBǁÎULPWÊIPQBOFMV7QǥÎQBELJPCOPWFOÎ
CLJßOÝDIQPENÎOFLTFLPUFM[OPWVTQVTUÎCF[UPIP
BOJßCZCZMPOVUOÊKFKSFTFUPWBU1PLVEUBUPQPSVDIB
QǥFUSWÃQǥJWPMFKUFLWBMJêLPWBOÊIPUFDIOJLBOBQǥ
[FTFSWJTOÎIPPEELJMFOÎ*NNFSHBT
/FEPTUBUFǁOÃDJSLVMBDF,UÊUÊQPSVØFEPDIÃ[ÎW
QǥÎQBELJQǥFIǥÃUÎLPUMF[QDzTPCFOÊIPOFEPTUBUFǁOPV
DJSLVMBDÎWPEZWQSJNÃSOÎNPLSVIVQǥÎǁJOZNPIPV
CÝUOÃTMFEVKÎDÎ
OFEPTUBUFǁOÃ DJSLVMBDF W TZTUÊNV [LPOUSP
MVKUF [EB OFEPØMP L [BCSÃOLJOÎ DJSLVMBDF W
WZUÃQLJDÎN PLSVIV B [EB KF [BǥÎ[FOÎ EPLPOBMF
PEW[EVØOLJOP
[BCMPLPWBOÊ PCLJIPWÊ ǁFSQBEMP KF QPUǥFCB
ǁFSQBEMPPECMPLPWBU
1PLVE TF UFOUP KFW PQBLVKF ǁBTUP PCSBǬUF TF OB
LWBMJGJLPWBOÊIP UFDIOJLB OBQǥ [F TFSWJTOÎIP
PEELJMFOÎ*NNFSHBT
;USÃUB LPNVOJLBDF T EÃMLPWÝN PWMBEBǁFN
%PDIÃ[ÎLOÎWQǥÎQBELJQǥJQPKFOÎLOFLPNQBUJCJM
OÎNVEÃMLPWÊNVPWMÃEÃOÎOFCPWQǥÎQBELJ[USÃUZ
LPNVOJLBDF NF[J LPUMFN B $"3 OFCP 4VQFS
$"3 ;OPWV TF QPLVTUF P QǥJQPKFOÎ EÃMLPWÊIP
PWMÃEÃOÎ WZQOVUÎN LPUMF B KFIP PQLJUOÝN [BQ
OVUÎN 1PLVE BOJ QP PQBLPWBOÊN TQVØULJOÎ
OFOÎ EÃMLPWÝ PWMBEBǁ OBMF[FO LPUFM QǥFKEF EP
NÎTUOÎIP QSPWP[OÎIP SFßJNV QǥJ LUFSÊN KF
OVUOÊQPVßÎWBUPWMÃEBDÎQSWLZLPUMFVNÎTULJOÊOB
LPUMJTBNPUOÊN7UPNUPQǥÎQBELJLPUFMOFNDzßF
BLUJWPWBU GVOLDJ t7ZUÃQLJOÎi ,PUFM [QSPWP[OÎUF
W SFßJNV i3JTDBMEBNFOUPu 7ZUÃQLJOÎ
BLUJWBDÎ
GVOLDF i&NFSHFO[Bu /PV[PWÝ TUBW
LUPSÃ TF
OBDIÃ[ÎWNFOVi1FSTPOBMJ[[B[JPOJu6ßJWBUFMTLÃ
OBTUBWFOÎ
1PLVE TF UFOUP KFW PQBLVKF ǁBTUP
QǥJWPMFKUF LWBMJGJLPWBOÊIP UFDIOJLB OBQǥ [F
TFSWJTOÎIPPEELJMFOÎ*NNFSHBT
&4
1-
$;
5FOTJÓOEFBMJNFOUBDJÓOCBKB4VDFEFDVBOEPMB
UFOTJÓOEFBMJNFOUBDJÓOFTJOGFSJPSBMPTMÎNJUFT
RVF BTFHVSBO FM GVODJPOBNJFOUP DPSSFDUP EF MB
DBMEFSB "M SFTUBCMFDFSTF MBT DPOEJDJPOFT OPS
NBMFT MB DBMEFSB TF FODJFOEF TJO OFDFTJEBE EF
SFTFU4JMBBOPNBMÎBTFSFQJUFBNFOVEPMMBNBS
BVOUÊDOJDPBVUPSJ[BEPQPSFKFNQMPFM4FSWJDJP
EF"TJTUFODJB5ÊDOJDB*NNFSHBT
/ J T L J F O B Q J Nj D J F [ B T J M B O J B 1 P X T U B K F KFǻFMJOBQJNjDJF[BTJMBOJBKFTUOJǻT[FPEHSBOJD[OZDI
X B S U P ǧ D J X Z N B H B OZ D I E P Q P Q S B X O F H P
GVOLDKPOPXBOJBLPUB8QS[ZQBELVQS[ZXSÓDFOJB
OPSNBMOZDI XBSVOLÓX LPDJP X[OBXJB QSBDNj
CF[LPOJFD[OPǧDJ [SFTFUPXBOJB +FǻFMJ [KBXJTLP
QPXTUBKF D[NjTUPOBMFǻZ XF[XBǀ BVUPSZ[PXBOFHP
UFDIOJLBOB QS[ZLBE [ 4FSXJTV 5FDIOJD[OFHP
*NNFSHBT
/Î[LÊOBQÃKFDÎOBQLJUÎ,UÊUPQPSVØFEPDIÃ[ÎW
QǥÎQBELJLEZOBQÃKFDÎOBQLJUÎLMFTOFQPEISBOJDJ
QPWPMFOPVQSPTQSÃWOÝQSPWP[LPUMF7QǥÎQBELJ
PCOPWFOÎ CLJßOÝDI QPENÎOFL TF LPUFM [OPWV
TQVTUÎCF[UPIPBOJßCZCZMPOVUOÊKFKSFTFUPWBU
1PLVE TF UFOUP KFW PQBLVKF ǁBTUP QǥJWPMFKUF
LWBMJGJLPWBOÊIP UFDIOJLB OBQǥ [F TFSWJTOÎIP
PEELJMFOÎ*NNFSHBT
1ÊSEJEBEFTFÒBMEFMMBNB4VDFEFDVBOEPMBDBM
EFSBFTUÃFODFOEJEBGVODJPOBOEPDPSSFDUBNFOUF
ZMBMMBNBEFMRVFNBEPSTFBQBHBSFQFOUJOBNFOUF
MBDBMEFSBJOUFOUBSÃFMSFFODFOEJEPZTJTFSFTUB
CMFDFO MBT DPOEJDJPOFT OPSNBMFT MB DBMEFSB OP
OFDFTJUBSFTFUFTQPTJCMFDPOUSPMBSFTUBBOPNBMÎB
BUSBWÊTEFMBMJTUBEFFSSPSFTEFMNFOÙi*OGPSNB
DJÓOu
4JMBBOPNBMÎBTFSFQJUFBNFOVEPMMBNBS
BVOUÊDOJDPBVUPSJ[BEPQPSFKFNQMPFM4FSWJDJP
EF"TJTUFODJB5ÊDOJDB*NNFSHBT
"WJTPT Z EJBHOÓTUJDP %JTQMBZ EF MPT NBOEPT
SFNPUPT"DDFTPSJP
%VSBOUFFMGVODJPOBNJFOUP
OPSNBM EF MB DBMEFSB FM EJTQMBZ EFM DPNBOEP
SFNPUP$"3P4VQFS$"3
WJOEJDBSÃFMWBMPSEF
UFNQFSBUVSB BNCJFOUF FO DBTP EF QSPCMFNBT EF
GVODJPOBNJFOUP P BOPNBMÎB MB JOEJDBDJÓO EF MB
UFNQFSBUVSBTFSÃTVTUJUVJEBQPSFMSFMBUJWPDÓEJHP
EFFSSPSEFM"QEP
"1"("%0%&-"$"-%&3"
uBQBHBS
1BSBBQBHBSMBDBMEFSBQVMTBSFMCPUÓOi
FMJOUFSSVQUPSPOOJQPMBSFYUFSOPBMBDBMEFSBZDFSSBS
MBMMBWFEFQBTPEFMHBTTJUVBEBBOUFTEFMBFOUSBEBEFM
BQBSBUP/PEFKBSMBDBMEFSBJOÙUJMNFOUFFODFOEJEB
TJOPEFCFTFSVUJMJ[BEBEVSBOUFVOQFSJPEPMBSHP
3&45"#-&$*.*&/50%&-"13&4*¶/
%&-"*/45"-"$*¶/%&$"-&'"$њ
$*¶/
$POUSPMBSQFSJÓEJDBNFOUFMBQSFTJÓOEFMBHVBEFMB
JOTUBMBDJÓO-BBHVKBEFMNBOÓNFUSPEFMBDBMEFSB
EFCFJOEJDBSVOWBMPSFOUSFZCBS
4JMBQSFTJÓOFTJOGFSJPSBCBSDPOMBJOTUBMBDJÓO
GSÎB
FTOFDFTBSJPSFQPOFSBHVBBUSBWÊTEFMHSJGPTJUVB
EPFOMBQBSUFJOGFSJPSEFMBDBMEFSB'JH
*NQPSUBOUFDFSSBSFMHSJGPDVBOEPTFIBZBêOBMJ
[BEPMBPQFSBDJÓO
4JMBQSFTJÓOMMFHBBWBMPSFTDFSDBOPTBCBSFYJTUF
FMSJFTHPRVFBDUÙFMBWÃMWVMBEFTFHVSJEBE
&OUBMDBTPTPMJDJUBSMBBDUVBDJÓOEFQFSTPOBMQSP
GFTJPOBMNFOUFDVBMJêDBEP
4J MPT EFTDFOTPT EF QSFTJÓO GVFSBO GSFDVFOUFT
TPMJDJUBSMBBDUVBDJÓOEFQFSTPOBMQSPGFTJPOBMNFOUF
DVBMJêDBEPQVFTTFEFCFSÃFMJNJOBSBMBQÊSEJEBRVF
QSPCBCMFNFOUFFYJTUJSÃFOMBJOTUBMBDJÓO
-FZFOEB'JH
7*45"*/'&3*03
(SJGPEFWBDJBEPBDVNVMBEPS
(SJGPEFFOUSBEBEFBHVBGSÎB
-MBWFEFQBTPEFMHBT
(SJGPEFWBDJBEPJOTUBMBDJÓO
(SJGPEFMMFOBEPJOTUBMBDJÓO
6USBUBTZHOBVQPNZLB1PXTUBKFKFǻFMJLPDJP
KFTUQSBXJEPXP[BƾD[POZJEPDIPE[JEPOBHFHP
[HBT[FOJB QPNZLBQBMOJLB KFTU QPEFKNPXBOB
QSÓCBQPOPXOFHP [BƾD[FOJB J X QS[ZQBELV
QS[ZXSÓDFOJB OPSNBMOZDI XBSVOLÓXLPDJP
OJF XZNBHB [SFTFUPXBOJBBXBSJB NPǻF CZǀ
TLPOUSPMPXBOB OBMJǧDJF CNjEÓX PCFDOFK X
NFOÜ i*OGPSNBDKFu
+FǻFMJ [KBXJTLP QPXTUBKF
D[NjTUPXF[XBǀ BVUPSZ[PXBOFHP UFDIOJLB OB
QS[ZLBE[4FSXJTV5FDIOJD[OFHP*NNFSHBT
4ZHOBMJ[BDKF EJBHOPTUZD[OF m 8J[VBMJ[BDKB
OBXZǧXJFUMBD[V [EBMOZDI QBOFMJ PQDKB
8
USBLDJFQSBXJEPXFHP GVOLDKPOPXBOJB LPUB OB
XZǧXJFUMBD[V[EBMOFHP QBOFMV $"3 MVC 4VQFS
$"3
KFTUXZǧXJFUMBOB XBSUPǧǀ UFNQFSBUVSZ
PUPD[FOJB XQS[ZQBELV OJFQSBXJEPXPǧDJ MVC
BXBSJJ XJ[VBMJ[BDKBUFNQFSBUVSZ KFTU [BTUƾQJPOB
PEQPXJFEOJNLPEFNCNjEVPQJTBOZNXSP[E[
8:ŠŽ$;&/*&,05Š"
8ZƾD[Zǀ LPDJP OBDJTLBKƾD QS[ZDJTL i
u
XZƾD[ZǀXƾD[OJLXJFMPCJFHVOPXZ[OBKEVKƾDZTJNj
OB[FXOƾUS[LPUBJ[BNLOƾǀ[BXÓSHB[VXHÓSOFK
D[NjǧDJVS[ƾE[FOJB/JF[PTUBXJBǀ[BƾD[POFHPLPUBX
QS[ZQBELVHEZOJFKFTUPOXZLPS[ZTUZXBOZQS[F[
EVǻT[ZPLSFT
13;:83¶$&/*&1*&3805/&(0
$*Ʀ/*&/*"8*/45"-"$+*
$*&1Š08/*$;&+
0LSFTPXPTQSBXE[BǀDJǧOJFOJFXPEZXJOTUBMBDKJ
8TLB[ÓXLB NBOPNFUSV OB LPUMF QPXJOOB
XTLB[ZXBǀ XBSUPǧǀ NJNjE[Z B CBS+FǧMJ
DJǧOJFOJF KFTU OJǻT[F OJǻ CBS OQ X QS[ZQBELV
[JNOFK JOTUBMBDKJ
LPOJFD[OF KFTU QS[ZXSÓDFOJF
QJFSXPUOFHP DJǧOJFOJB [B QPNPDƾ [BXPSV
VNJFT[D[POFHPXEPMOFKD[NjǧDJLPUB3ZT
/# [BNLOƾǀ [BXÓS QP XZLPOBOJV [BCJFHV
+FǻFMJ DJǧOJFOJF PTJƾHB XBSUPǧDJ [CMJǻBKƾDF TJNj
EP CBS QPXTUBKF SZ[ZLP JOUFSXFODKJ [BXPSV
CF[QJFD[FǝTUXB8UBLJNQS[ZQBELVOBMFǻZXF[XBǀ
XZLXBMJêLPXBOFHPUFDIOJLB
+FǻFMJ TQBELJ DJǧOJFOJB CNjEƾ TJNj D[NjTUP QPXUBS[Bǀ
OBMFǻZXF[XBǀXZLXBMJêLPXBOFHPUFDIOJLBXDFMV
XZFMJNJOPXBOJBXZDJFLV[JOTUBMBDKJ
-FHFOEB3ZT
8*%0,%0-/:
;BXÓSPQSÓǻOJBOJBCPKMFSB
;BXÓSEPQZXV[JNOFKXPEZ
;BXÓSHB[V
;BXÓSPQSÓǻOJFOJBJOTUBMBDKJ
;BXÓSOBQFOJBOJBJOTUBMBDKJ
;USÃUB TJHOÃMV QMBNFOF ,F [USÃULJ TJHOÃMV
EPDIÃ[Î W QǥÎQBELJ ßF KF LPUFM TQSÃWOLJ [BQOVU
B EPKEF L OFPǁFLÃWBOÊNV [IBTOVUÎ QMBNFOF
IPǥÃLV%PKEFLPQBLPWBOÊNVQPLVTVP[BQOVUÎ
BWQǥÎQBELJPCOPWFOÎCLJßOÝDIQPENÎOFLTFLPUFM
[OPWVTQVTUÎCF[UPIPBOJßCZCZMPOVUOÊKFKSF
TFUPWBUKFNPßOÊPWLJǥJUUVUPQPSVDIVWTF[OBNV
DIZCWNFOVt*OGPSNB[JPOJi*OGPSNBDF
1PLVE TF UFOUP KFW PQBLVKF ǁBTUP QǥJWPMFKUF
LWBMJGJLPWBOÊIP UFDIOJLB OBQǥ [F TFSWJTOÎIP
PEELJMFOÎ*NNFSHBT
4JHOBMJ[BDFBEJBHOPTUJLBm;PCSB[FOÎOBEJTQMFKJ
EÃMLPWÝDIPWMBEBǁDzWPMJUFMOLJ
1ǥJCLJßOÊNQSP
WP[VLPUMFTFOBEJTQMFKJEÃMLPWÊIPPWMBEBǁF$"3
OFCP4VQFS$"3
[PCSB[ÎIPEOPUBPLPMOÎUFQMPUZW
QǥÎQBELJQPSVDIZGVOLDFOFCPBOPNÃMJFKF[PCSB[FOÎ
IPEOPUZ UFQMPUZ WZTUǥÎEÃOP DIZCPWÝN LÓEFN
KFKJDIßTF[OBNKFVWFEFOW0ETU
;)"4/65±,05-&
uWZQOLJUFWÎ
7ZQOLJUFLPUFMTUJTLFNUMBǁÎULBi
DFQÓMPWÝTQÎOBǁWOLJLPUMFB[BWǥFUFQMZOPWÝLPIPVU
OB[BǥÎ[FOÎ/FOFDIÃWFKUFLPUFM[CZUFǁOLJ[BQPKFOÝ
QPLVEIPOFCVEFUFEFMØÎEPCVQPUǥFCPWBU
0#/07&/±5-",67501/­.4:4њ
5­.6
1SBWJEFMOLJLPOUSPMVKUFUMBLWPEZWTZTUÊNV3VǁJǁLB
NBOPNFUSVLPUMFNVTÎVLB[PWBUIPEOPUVNF[J
BCBSZ
+FMJUMBLOJßØÎOFßCBS[BTUVEFOB
KFOVUOÊQSPWÊTU
PCOPWFOÎ UMBLV QPNPDÎ LPIPVULV VNÎTULJOÊIP WF
TQPEOÎǁÃTUJLPUMF0CS
1P[OÃNLB 1P QSPWFEFOÎ [ÃTBIV LPIPVUFL
V[BWǥFUF
#MÎßÎMJTFUMBLLIPEOPUÃNCMÎ[LÝNCBSDzNNDzßF
[BSFBHPWBUCF[QFǁOPTUOÎWFOUJM
7 UBLPWÊN QǥÎQBELJ QPßÃEFKUF P QPNPD PECPSOLJ
WZØLPMFOÊIPQSBDPWOÎLB
+TPVMJQPLMFTZUMBLVǁBTUÊQPßÃEFKUFPQSPIMÎELV
TZTUÊNVPECPSOLJWZØLPMFOÊIPQSBDPWOÎLBBCZTUF
[BCSÃOJMJ KFIP QǥÎQBEOÊNV OFOBQSBWJUFMOÊNV
QPØLP[FOÎ
-FHFOEB0CS
10)-&%;&410%6
7ÝQVTUOÝLPIPVUPIǥÎWBǁF
,PIPVUWTUVQVTUVEFOÊWPEZ
1MZOPWÝLPIPVU
7ÝQVTUOÝLPIPVU[BǥÎ[FOÎ
1MOJDÎLPIPVU[BǥÎ[FOÎ
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
Stránka 42 z 62
&4
1-
$;
7"$*"%0%&-"*/45"-"$*¶/
1BSBSFBMJ[BSMBPQFSBDJÓOEFWBDJBEPEFMBDBMEFSB
BCSJS FM DPSSFTQPOEJFOUF HSJGP EF WBDJBEP 'JH
"OUFTEFFGFDUVBSFTUBPQFSBDJÓODPNQSPCBSRVF
FMHSJGPEFMMFOBEPFTUÊDFSSBEP
013¶ƺ/*&/*&*/45"-"$+*
"CZ QS[FQSPXBE[Jǀ PQSÓǻOJBOJF LPUB OBMFǻZ
TLPS[ZTUBǀ [F TQFDKBMOFHP [BXPSV PQSÓǻOJBOJB
3ZT
1S[FEXZLPOBOJFNUFKD[ZOOPǧDJOBMFǻZTQSBXE[Jǀ
D[Z[BXÓSPQSÓǻOJBOJBKFTU[BNLOJNjUZ
7:106»5Ɔ/±;"Ƥ±;&/±
$IDFUFMJ LPUFM WZQVTUJU QPVßJKUF QǥÎTMVØOÝ
WZQPVØULJDÎLPIPVU0CS
1ǥFE WZQPVØULJOÎN TF QǥFTWLJEǁUF [EB KF QMOJDÎ
LPIPVU[BWǥFOÝ
7"$*"%0%&-"$6.6-"%03
1BSB WBDJBS FM BDVNVMBEPS FT OFDFTBSJP BCSJS FM
DPSSFTQPOEJFOUFHSJGPEFWBDJBEP'JH
013¶ƺ/*&/*&#0+-&3"
"CZ PQSÓǻOJǀ CPKMFS OBMFǻZ PUXPS[Zǀ TUPTPXOZ
[BXÓSPQSÓǻOJBKƾDZCPKMFS3ZT
*NQPSUBOUF BOUFT EF FGFDUVBS FTUB PQFSBDJÓO
DFSSBSFMHSJGPEFFOUSBEBEFBHVBGSÎBBMBDBMEFSBZ
BCSJSVOHSJGPDVBMRVJFSBEFMBJOTUBMBDJÓOEFBHVB
DBMJFOUFTBOJUBSJBQBSBRVFQVFEBFOUSBSBJSFFOFM
BDVNVMBEPS
/# QS[FE XZLPOBOJFN UFHP [BCJFHV OBMFǻZ
[BNLOƾǀ[BXÓSEPQZXV[JNOFKXPEZJPUXPS[Zǀ
KBLJLPMXJFL[BXÓSDJFQFKXPEZDFMFNVNPǻMJXJFOJB
EPQZXVXPEZEPCPKMFSB
1305&$$*¶/"/5*)*&-0
-BDBMEFSBEJTQPOFEFTFSJFEFVOBGVODJÓOBOUJ
IJFMPRVFQPOFFOGVODJPOBNJFOUPMBCPNCBZFM
RVFNBEPS DVBOEP MB UFNQFSBUVSB EFM BHVB EF MB
JOTUBMBDJÓO EF DBMFGBDDJÓO RVF FTUÃ EFOUSP EF MB
DBMEFSBCBKBQPSEFCBKPEFž$QBSÃOEPTFDVBOEP
TFTVQFSBOMPTž$-BGVODJÓOBOUJIJFMPTÓMPFTUÃ
HBSBOUJ[BEBTJUPEBTMBTQBSUFTEFMBQBSBUPGVODJPOBO
DPSSFDUBNFOUFTJOFTUBSFOFTUBEPEFiCMPRVFPuZ
FTUÃBMJNFOUBEPFMÊDUSJDBNFOUFDPOFMJOUFSSVQUPS
HFOFSBMDPMPDBEPFO7FSBOPP*OWJFSOP1BSBFWJUBS
NBOUFOFS FO GVODJPOBNJFOUP MB JOTUBMBDJÓO FO
DBTP EF VOB IJQPUÊUJDB BVTFODJB QSPMPOHBEB FT
OFDFTBSJP WBDJBS DPNQMFUBNFOUF MB JOTUBMBDJÓO
P BÒBEJS BM BHVB EF MB JOTUBMBDJÓO EF DBMFGBDDJÓO
QSPEVDUPT BOUJDPOHFMBOUFT &O BNCPT DBTPT FM
DJSDVJUP TBOJUBSJP EF MB DBMEFSB EFCF TFS WBDJBEP
&OJOTUBMBDJPOFTRVFEFCBOTFSWBDJBEBTGSFDVFO
UFNFOUFFTJOEJTQFOTBCMFSFBCBTUFDFSMBTDPOBHVB
USBUBEBQBSBFMJNJOBSMBEVSF[BRVFQVFEFQSPEVDJS
JODSVTUBDJPOFTDBMDÃSFBT
&ODBTPEFGVODJPOBNJFOUPFONPEPDBMFGBDDJÓOZ
DJSDVJUPTBOJUBSJPWBDÎPTFSFDPNJFOEBDPOêHVSBS
MB UFNQFSBUVSB EFM BHVB TBOJUBSJB 4&5 4"/
BM
NÎOJNP
-*.1*&;"%&-3&7&45*.*&/50
1BSB MJNQJBS MB DBSDBTB EF MB DBMEFSB VTBS QBÒPT
IÙNFEPT Z KBCÓO OFVUSP /P VTBS EFUFSHFOUFT
BCSBTJWPTPFOQPMWP
%&4"$5*7"$*¶/%&'*/*5*7"
$VBOEP TF EFDJEB MMFWBS B DBCP MB EFTBDUJWBDJÓO
EFêOJUJWBEFMBDBMEFSBFODBSHBSBQFSTPOBMQSP
GFTJPOBMNFOUFDVBMJêDBEPFTUBTPQFSBDJPOFTDPN
QSPCBOEPRVFTFIBZBODPSUBEPMBTBMJNFOUBDJPOFT
FMÊDUSJDBTEFBHVBZEFDPNCVTUJCMF
.&/¼%&1"3¦.&5304&
*/'03."$*¶/
"MBQSFUBSFMCPUÓOi%uTFBDDFEFBVONFOÙEJWJ
EJEPFOUSFTQBSUFTQSJODJQBMFT
*OGPSNBDJÓOi*/'03.";u
1FSTPOBMJ[BDJPOFTi1&340/"-u
$POêHVSBDJPOFTi$0/'*(63u.FOÙSFTFSWB
EPBMUÊDOJDPFTOFDFTBSJPVODÓEJHPEFBDDFTP
7FSDBQÎUVMPi5ÊDOJDPu
(JSBOEPFMTFMFDUPSEFUFNQFSBUVSBEFDBMFGBDDJÓO
FTQPTJCMFEFTQMB[BSTFQPSFMNFOÙQSFTJPOBOEP
FMCPUÓOi%uTFBDDFEFBMPTEJTUJOUPTOJWFMFTEFM
NFOÙ Z TF DPOêSNBO MBT TFMFDDJPOFT EF QBSÃNF
USPT1SFTJPOBOEPFMCPUÓOi$uTFWVFMWFBMOJWFM
JONFEJBUBNFOUFBOUFSJPS
;"#&;1*&$;&/*&;"10#*&("+Ž$&
;"."3;"/*6
,PDJPKFTUXZQPTBǻPOZXGVOLDKNjQS[FDJX[BNBS[B
OJVLUÓSFVSVDIBNJBKƾQPNQNjPSB[QBMOJLHEZ
UFNQFSBUVSBXPEZXJOTUBMBDKJXFXOƾUS[LPUB
TQBEBQPOJǻFKž$JXZƾD[BTJNjQPPTJƾHOJNjDJV
UFNQFSBUVSZž$;BE[JBBOJFGVOLDKJKFTU[BQFX
OJPOFKFǻFMJLBǻEZLPNQPOFOUVS[ƾE[FOJBQSBDVKF
QSBXJEPXPBVS[ƾE[FOJFOJF[OBKEVKFTJNjOBQP[ZDKJ
tCMPLBEZuJKFTU[BTJMBOFHÓXOZNXZƾD[OJLJFNOB
QP[ZDKJ-BUPMVC;JNB8QS[ZQBELVQS[FEVǻPOFK
OJFPCFDOPǧDJXDFMVVOJLOJNjDJBBLUZXBDKJGVOLDKJ
OBMFǻZDBLPXJDJFPQSÓǻOJǀJOTUBMBDKNjMVCEPEBǀEP
XPEZJOTUBMBDKJǧSPELÓX[BQPCJFHBKƾDZDI[BNBS[B
OJV8PCZEXVQS[ZQBELBDIVLBETBOJUBSOZLPUB
QPXJOJFO CZǀ PQSÓǻOJPOZ 8 QS[ZQBELV D[NjTUFK
LPOJFD[OPǧDJPQSÓǻOJBOJBJOTUBMBDKJLPOJFD[OFKFTU
OBQFOJBOJFKFKPEQPXJFEOJPV[EBUOJPOƾXPEƾDF
MFNVTVOJNjDJBUXBSEPǧDJXPEZNPHƾDFKQSPXBE[Jǀ
EPPTBE[BOJBTJNjLBNJFOJB
8QS[ZQBELVHEZLPDJPQSBDVKFXUSZCJFPHS[FXB
OJBBPCJFHTBOJUBSOZKFTUQVTUZ[BMFDBTJNjVTUBXJFOJF
UFNQFSBUVSZXPEZTBOJUBSOFKOBXBSUPǧǀNJOJNBMOƾ
4&54"/
$;:4;$;&/*&0#6%08:
"CZPD[ZǧDJǀPCVEPXNjLPUBOBMFǻZTUPTPXBǀ
XJMHPUOF ǧDJFSFD[LJ PSB[ OFVUSBMOF NZEP /JF
XPMOP TUPTPXBǀ EFUFSHFOUÓX ǧDJFSOZDI BOJ X
QSPT[LV
8:ŠŽ$;&/*&$"Š,08*5&
8 SB[JF LPOJFD[OPǧDJ DBLPXJUFHP PEƾD[FOJB
LPUBOBMFǻZ[MFDJǀQS[FQSPXBE[FOJF
PEQPXJFEOJDIQSBDXZLXBMJêLPXBOFNV
TQFDKBMJǧDJFTQSBXE[BKƾDD[ZPEƾD[POF[PTUBOƾ
[BTJMBOJFFMFLUSZD[OFIZESBVMJD[OFJVLBEQBMJXB
7:106»5Ɔ/±0)Ƥ±7"ƀ&
1SPWZQVØULJOÎPIǥÎWBǁFQPVßJKUFWÝQVTUOÝLPIPVU
PIǥÎWBǁF'JH
1P[OÃNLB1ǥFEQSPWFEFOÎNUÊUPPQFSBDF[BWǥFUF
LPIPVU OBQPVØULJOÎ TUVEFOÊ WPEZ B PUFWǥFUF
LUFSÝLPMJWLPIPVUUFQMÊWPEZVßJULPWÊIP[BǥÎ[FOÎ
LUFSÝNVNPßOÎUFWTUVQW[EVDIVEPPIǥÎWBǁF
0$)3"/"1Ƥ&%.3";&.
,PUFMKFWZCBWFOGVOLDÎQSPUJ[BNS[OVUÎLUFSÃVWFEF
EP DIPEV ǁFSQBEMP B IPǥÃL KFTUMJßF UFQMPUB WPEZ
W JOTUBMBDJ VWOJUǥ LPUMF LMFTOF QPE ž$ B WZQOF
TF QP EPTBßFOÎ ž$ GVOLDF QSPUJ [BNS[OVUÎ KF
[BKJØULJOBKFOUFIEZKTPVMJWØFDIOZTPVǁÃTUJLPUMF
[DFMB GVOLǁOÎ LPUFM OFOÎ WF TUBWV i[BCMPLPWÃOÎi
BKFQǥJQPKFOLFMFLUSJDLÊTÎUJIMBWOÎNWZQÎOBǁFN
W QPMP[F -ÊUP OFCP ;JNB $IDFUFMJ W QǥÎQBELJ
QMÃOPWBOÊEMPVIPEPCÊOFQǥÎUPNOPTUJLPUFMWZǥBEJU
[ QSPWP[V KF OVUOÊ TZTUÊN ÙQMOLJ WZQVTUJU OFCP
QǥJEBU EP WPEZ NSB[VW[EPSOPV TNLJT 7 PCPV
QǥÎQBEFDINVTÎCÝUVßJULPWÝPLSVILPUMFWZQVØULJO
7QǥÎQBELJǁBTUÊIPWZQPVØULJOÎTZTUÊNVKFOF[CZUOÊ
WIPEOÝN[QDzTPCFN[NLJLǁJUWPEVLUFSPVTFLPUFM
QMOÎBCZQǥÎMJØUWSEÃWPEBOF[QDzTPCJMBVTB[PWÃOÎ
LPUFMOÎIPLBNFOF
7QǥÎQBELJQSPWP[VWSFßJNVWZUÃQLJOÎBQSÃ[EOÊIP
VßJULPWÊIPPLSVIVTFEPQPSVǁVKFOBTUBWJUUFQMPUV
VßJULPWÊWPEZ4&54"/
OBNJOJNVN
ƀ*»5Ɔ/±4,Ƥ±/Ɔ,05-&
1MÃØǬLPUMFWZǁJTUÎUFQPNPDÎOBWMIǁFOÝDIIBESDzB
OFVUSÃMOÎIP ǁJTUJDÎIP QSPTUǥFELV OB CÃ[J NÝEMB
/FQPVßÎWFKUFQSÃØLPWÊBESTOÊǁJTUJDÎQSPTUǥFELZ
%&'*/*5*7/±%&",5*7"$&
7 QǥÎQBELJ ßF TF SP[IPEOFUF QSP EFGJOJUJWOÎ
EFBLUJWBDJ LPUMF TWLJǥUF QǥÎTMVØOÊ T UÎN TQPKFOÊ
PQFSBDFLWBMJêLPWBOÝNPECPSOÎLDzNBVKJTULJUFTF
NJNPKJOÊßFCZMPQǥFEUÎNPEQPKFOPFMFLUSJDLÊ
OBQLJUÎBQǥÎWPEWPEZBQBMJWB
.&/641"3".&53:"
*/'03."$&.*
4UJTLFN UMBǁÎULB t%i KF NPßOÊ WTUPVQJU EP NFOV
SP[ELJMFOÊIPEPUǥÎ[ÃLMBEOÎDIǁÃTUÎ
*OGPSNBDFi*/'03.";u
.&/¿1"3".&53:**/'03."$+&
/BDJTLBKƾDQS[ZDJTLi%uNPǻOB
V[ZLBǀ EPTUNjQ EP QPE[JFMPOFHP OB US[Z D[NjǧDJ
NFOÜ
*OGPSNBDKFi*/'03."$u
6ßJWBUFMTLÃOBTUBWFOÎi1&340/"-u
JOEZXJEVBMOFVTUBXJFOJBi*/%:8*%645u
0UÃǁFOÎN WPMJǁF UFQMPUZ WZUÃQLJOÎ TF MJTUVKF
QPMPßLBNJNFOVTUJTLFNUMBǁÎULBt%iTFWTUVQVKF
EP SDz[OÝDI ÙSPWOÎ NFOV B QPUWS[VKÎ TF WÝCLJSZ
QBSBNFUSDz4UJTLFNUMBǁÎULBt$iKFNPßOÊTFWSÃUJU
[QLJUPKFEOVÙSPWFǞ
LPOêHVSBDKFi,0/'*(63uNFOÜ[BTUS[FǻPOFEMB
UFDIOJLB J EPTUNjQOF UZMLP QP XQJTBOJV
LPEVEPTUNjQVQBUS[SP[E[JBi5FDIOJLu
0CSBDBKƾD QS[FƾD[OJL UFNQFSBUVSZPHS[FXBOJB
VǻZULPXOJL QPSVT[B TJNj QP PQDKBDI NFOÜ
OBDJTLBKƾD QS[ZDJTL i%u V[ZTLVKF TJNj EPTUNjQ EP
SÓǻOZDIQP[JPNÓXNFOÜJQPUXJFSE[BTJNj[B[OBD[P
OFQBSBNFUSZ/BDJTLBKƾDQS[ZDJTLi$uXSBDBTJNjEP
UZVPKFEFOQP[JPN
Stránka 43 z 62
,POGJHVSBDF i$0/'*(63u NFOV VSǁFOÊ
UFDIOJLPWJ LUFSÝ QSP WTUVQ EP OLJK QPUǥFCVKF
QǥÎTUVQPWÝLÓE7J[LBQJUPMBi5FDIOJLu
$;
.FOV*OGPSNBDF7UPNUPNFOVKTPVPCTBßFOZSDz[OÊJOGPSNBDFTPVWJTFKÎDÎTQSPWP[FNLPUMF
ž
ÙSPWFǞ 5MBǁÎULP
žÙSPWFǞ
5MBǁÎULP
žÙSPWFǞ
5MBǁÎULP
740'58
;PCSB[VKFWFS[JǥÎEJDÎIPTPѫXBSVFMFLUSPOJDLÊLBSUZJOTUBMPWBOÊWLPUMJ
%Ö
1307)0%
;PCSB[VKFDFMLPWÝQPǁFUQSPWP[OÎDIIPEJOLPUMF
Õ$
*/'03."$&
10ƀ;"1
%Ö
Õ$
101*4
;PCSB[VKFQPǁFU[BQÃMFOÎIPǥÃLV
7&/,5&1-05"
4QǥÎUPNOPVWFO
LPWOÎWPMJUFMOPV
TPOEPV
#&;7&/,4
CF[WFOLPWOÎ
WPMJUFMOÊTPOEZ
;PCSB[VKFBLUVÃMOÎWFOLPWOÎUFQMPUVQPLVEKFQǥÎUPNOBWFOLPWOÎWPMJUFMOÃ
TPOEB
;PCSB[VKFOFKOJßØÎ[B[OBNFOBOPVWFOLPWOÎUFQMPUVQPLVEKFQǥÎUPNOB
WFOLPWOÎWPMJUFMOÃTPOEB
;PCSB[VKFOFKWZØØÎ[B[OBNFOBOPVWFOLPWOÎUFQMPUVQPLVEKFQǥÎUPNOB
WFOLPWOÎWPMJUFMOÃTPOEB
",56¦-/±
.*/5&1-
%Ö
Õ$
."95&1-
7:/6-0
7"5
%
Y
[WPMJU
Õ$
10354"/
4UJTLFNUMBǁÎULBt%iTFWZOVMVKÎOBNLJǥFOÊNJOJNÃMOÎBNBYJNÃMOÎUFQMPUZ
/BUPNUPNPEFMVLPUMFßÃEOÃWJ[VBMJ[BDF
7&-7&/5
;PCSB[VKFPLBNßJUPVSZDIMPTUPUÃǁFOÎWFOUJMÃUPSV0EEP
%Ö
;PCSB[VKFQPTMFEOÎDIVEÃMPTUÎLUFSÊ[QDzTPCJMZWZQOVUÎLPUMF
*OEJLÃUPS
VEÃWÃQPǥBEPWÊǁÎMPPEEPBJOEJLÃUPS
QǥÎTMVØOÝDIZCPWÝ
LÓE
0QBLPWBOÝNTUJTLFNUMBǁÎULBt%iKFNPßOÊ[PCSB[JUQSPWP[OÎǁBTBQPǁFU
[BQÃMFOÎQǥJLUFSÝDIEPØMPLQPSVØF
Õ$
$):#:
.FOVßJWBUFMTLÝDIOBTUBWFOÎ7UPNUPNFOVKTPVPCTBßFOZWØFDIOZVßJWBUFMTLZOBTUBWJUFMOÊQSPWP[OÎWPMCZ1SWOÎQPMPßLBSDz[OÝDIWPMFCLUFSÃTFPCKFWÎVWOJUǥ
QBSBNFUSVKFQPMPßLBJNQMJDJUOÎ
ž
ÙSPWFǞ 5MBǁÎULP
žÙSPWFǞ
5MBǁÎULP
žÙSPWFǞ
047"650
*NQMJDJUOLJ
%*41-&+
%Ö
Õ$
047;"1
6Â*7"5&-4,¦/"45"7&/±
0477:1
%"5"
Õ$
3*13*45
%JTQMFKTWÎUÎTUÃMF
Õ$
Õ$
5&1--­50
Õ$
%Ö
*5"-»5*/"
*NQMJDJUOLJ
Õ$
"/(-*ƀ5*/"
Õ$
101*4
%JTQMFKTFSP[TWÎUÎLEZßKFIPǥÃL[BQÃMFOÝBLEZß
TFQǥJTUPVQÎLPWMÃEBDÎNQSWLDzNCVEFTWÎUJUOB
WUFǥJOQPQPTMFEOÎQSPWFEFOÊPQFSBDJ
%Ö
%Ö
5MBǁÎULP
%
Y
TFMF[JPOBSF
5&1-,05-
+";:,
&.&3
(&/;
žÙSPWFǞ
%Ö
101*4
%Ö
5MBǁÎULP
/06;3
%
7:1
Y
*NQMJDJUOLJ
TFMF[JPOBSF
/06;3
Õ$
;"1
%
Y
[WPMJU
Õ$
%JTQMFKTFSP[TWÎUÎQPV[FLEZßTFQǥJTUPVQÎLPWMÃ
EBDÎNQSWLDzNCVEFTWÎUJUOBWUFǥJOQPQPTMFEOÎ
QSPWFEFOÊPQFSBDJ
*OEJLÃUPS
[PCSB[VKFUFQMPUVOBWÝTUVQV[
QSJNÃSOÎIPWÝNLJOÎLV
;PCSB[VKFBLUVÃMOÎWFOLPWOÎUFQMPUV
QPLVEKF
QǥÎUPNOBWFOLPWOÎWPMJUFMOÃTPOEB
7ØFDIOZQPQJTZKTPVVWFEFOZWJUBMTLÊNKB[ZDF
7ØFDIOZQPQJTZKTPVVWFEFOZWBOHMJDLÊNKB[ZDF
7[JNOÎNSFßJNVKFUPVUPGVOLDÎNPßOÊBLUJWP
WBUQPLPKPWÊWZUÃQLJOÎJLEZßKFQǥÎQBEOÊEÃMLPWÊ
PWMÃEÃOÎOFCP5"NJNPQSPWP[
%
Y
[WPMJU
4UJTLFNUMBǁÎULBt%iTFVßJWBUFMTLÃOBTUBWFOÎWZOV
MVKÎQǥJǁFNßKTPVOBISB[FOZUPWÃSOÎNJIPEOPUBNJ
Õ$
Stránka 44 z 62
&4
16&45"&/4&37*$*0%&-"
$"-%&3"
ю$0/530-&4*/*$*"-&4я
"OUFT EF MB QVFTUB FO TFSWJDJP EF MB DBMEFSB FT
OFDFTBSJP
DPNQSPCBSRVFTFIBFYUFOEJEPMB%FDMBSBDJÓO
EF$POGPSNJEBEEFMBJOTUBMBDJÓO
DPNQSPCBSRVFFMHBTVUJMJ[BEPDPJODJEFDPOFM
QSFWJTUPQBSBFMGVODJPOBNJFOUPEFMBDBMEFSB
DPNQSPCBS RVF FYJTUF MB DPOFYJÓO B VOB SFE
EF 7)[ Z RVF MB QPMBSJEBE -/ TF IB
SFTQFUBEPDPOUSPMBSMBDPOFYJÓOEFUJFSSB
DPNQSPCBSRVFMBJOTUBMBDJÓOEFDBMFGBDDJÓOFTUÃ
MMFOBEFBHVBDPOFMNBOÓNFUSPEFMBDBMEFSB
JOEJDBOEPVOBQSFTJÓOJHVBMBœCBS
DPNQSPCBS RVF FM FYUSFNP DBQFSV[B
EFM
QVSHBEPSEFBJSFFTUÊBCJFSUPZRVFMBJOTUBMBDJÓO
FTUÊCJFOQVSHBEB
FODFOEFSMBDBMEFSBZDPNQSPCBSRVFFMFODFOEJEP
FTDPSSFDUP
DPNQSPCBSRVFFMDBVEBMNÃYJNPZNÎOJNPEFM
HBTZMBTDPSSFTQPOEJFOUFTQSFTJPOFTDPJODJEFO
DPOMBTJOEJDBEBTFOFMNBOVBM"QEP
DPNQSPCBSRVFFMEJTQPTJUJWPEFTFHVSJEBEBDUÙB
FODBTPEFGBMUBEFHBTZDPOUSPMBSRVFFMUJFNQP
EFFTUBBDUVBDJÓOTFBFMBEFDVBEP
DPNQSPCBSFMGVODJPOBNJFOUPEFMPTJOUFSSVQUPSFT
HFOFSBMFTTJUVBEPTFOUSBNPFMÊDUSJDPBOUFSJPSB
MBDBMEFSBZFOMBDBMEFSB
1-
636$)0.*&/*&,05Š"
ю,0/530-"845Ɗ1/"я
$;
67&%&/±,05-&%013070;6
ю¼70%/±,0/530-"я
"CZVSVDIPNJǀLPDJPOBMFǻZ
TQSBXE[Jǀ D[Z TQFOJPOB KFTU EFLMBSBDKB
[HPEOPǧDJJOTUBMBDKJ
1ǥJVWÃELJOÎLPUMFEPQSPWP[VKFOVUOÊ
[LPOUSPMPWBUFYJTUFODJQSPIMÃØFOÎPTIPELJEBOÊ
JOTUBMBDF
TQSBXE[Jǀ [HPEOPǧǀ TUPTPXBOFHP HB[V [
SPE[BKFNHB[VEPLUÓSFHPQS[ZTUPTPXBOZKFTU
LPDJP
[LPOUSPMPWBU[EBQPVßJUÝQMZOPEQPWÎEÃUPNV
QSPLUFSÝKFLPUFMVSǁFO
TQSBXE[Jǀ QPEƾD[FOJF EP TJFDJ 7)[
PEQPXJFEOJP EP QS[FXPEÓX GB[Z [FSP J
V[JFNJFOJB
TQSBXE[JǀD[ZJOTUBMBDKBQPEHS[FXBOJBKFTUQFOB
XPEZ LPOUSPMVKƾD D[Z XTLB[ÓXLB NBOPNFUSV
XTLB[VKFDJǧOJFOJFSÓXOFœCBS
TQSBXE[JǀD[ZLBQUVS[BXPSVPEQPXJFUS[BKƾDFHP
KFTU PUXBSUZ J D[Z JOTUBMBDKB KFTU QSBXJEPXP
XFOUZMPXBOB
XƾD[Zǀ LPDJP J TQSBXE[Jǀ QSBXJEPXPǧǀ
[BQPOV
TQSBXE[JǀD[ZNBLTZNBMOZǧSFEOJJNJOJNBMOZ
QS[FQZXHB[VPSB[JDIDJǧOJFOJFTƾ[HPEOF[F
XTLB[ÓXLBNJQPEBOZNJXOJOJFKT[FKJOTUSVLDKJ
SP[E[
TQSBXE[JǀE[JBBOJFVS[ƾE[FOJB[BCF[QJFD[BKƾDFHP
XQS[ZQBELVCSBLVHB[VPSB[D[BTKFHPSFBLDKJ
TQSBXE[Jǀ E[JBBOJF XZƾD[OJLB HÓXOFHP
VNJFT[D[POFHPQS[FELPUFNPSB[OBLPUMF
TQSBXE[Jǀ D[Z LPǝDÓXLJ [BTZTBOJB PSB[ MVC
TQVTUVOJFTƾ[BULBOF
[LPOUSPMPWBU QǥJQPKFOÎ L TÎUJ 7)[
TQSÃWOPTUQPMBSJUZ-/BV[FNOLJOÎ
[LPOUSPMPWBU [EB KF WZUÃQLJDÎ TZTUÊN OBQMOLJO
WPEPV QPEMF SVǁJǁLZ NBOPNFUSV LUFSÃ NÃ
VLB[PWBUUMBLœCBS
[LPOUSPMPWBU [EB KF ǁFQJǁLB PEW[EVØǞPWBDÎIP
WFOUJMV PUFWǥFOÃ B [EB KF [BǥÎ[FOÎ EPCǥF
PEW[EVØOLJOP
[BQOPVU LPUFM B [LPOUSPMPWBU TQSÃWOPTU [B
QÃMFOÎ
[LPOUSPMPWBU[EBNBYJNÃMOÎTUǥFEOÎBNJOJNÃM
OÎQSDzUPLQMZOVBQǥÎTMVØOÊIPEOPUZUMBLVKTPV
W TPVMBEV T IPEOPUBNJ VWFEFOÝNJ W QǥÎSVǁDF
0ETUBWFD
[LPOUSPMPWBU [EB CF[QFǁOPTUOÎ [BǥÎ[FOÎ QSP
QǥÎQBEBCTFODFQMZOVQSBDVKFTQSÃWOLJBEPCV
[BLUFSPV[BTÃIOF
[LPOUSPMPWBU[ÃTBIIMBWOÎIPTQÎOBǁFVNÎTULJOÊIP
OBLPUMJBWLPUMJ
[LPOUSPMPWBU[EBOBTÃWBDÎBWÝGVLPWÊLPODPWÊ
LVTZOFKTPVVDQBOÊ
DPNQSPCBSRVFMPTUFSNJOBMFTEFBTQJSBDJÓOZP
EFTDBSHBOPFTUÊOPCTUSVJEPT
TQSBXE[JǀE[JBBOJFQSFTPTUBUV[BCF[QJFD[BKƾDFHP
QS[FECSBLJFNQPXJFUS[B
[LPOUSPMPWBUTJHOÃMW[EVDIVBSZDIMPTUQSPWP[V
WFOUJMÃUPSV WJ[ NFOV i$0/'*(63u B i*/
'03.";u
DPOUSPMBS MB TFÒBM EF BJSF Z MB WFMPDJEBE EF
GVODJPOBNJFOUP EFM WFOUJMBEPS WFS NFOÙ
i$0/'*(63uFi*/'03.";u
TQSBXE[JǀE[JBBOJFSFHVMBUPSÓX
[LPOUSPMPWBU[ÃTBISFHVMBǁOÎDIQSWLDz
VT[D[FMOJǀVS[ƾE[FOJBSFHVMVKƾDFQS[FQZXHB[V
KFǧMJ[BDIPE[JLPOJFD[OPǧǀ[NJBOZVTUBXJFǝ
[BQMPNCPWBUSFHVMBǁOÎ[BǥÎ[FOÎQSDzUPLVQMZOV
QPLVECZTFNLJMBOBTUBWFOÎ[NLJOJU
DPOUSPMBSFMGVODJPOBNJFOUPEFMPTÓSHBOPTEF
SFHVMBDJÓO
TQSBXE[JǀQSPEVLDKNjDJFQFKXPEZTBOJUBSOFK
[LPOUSPMPWBUPIǥFWVßJULPWÊUFQMÊWPEZ
T Q S B X E [ J ǀ T [ D [ F M O P ǧ ǀ P C X P E Ó X
IZESBVMJD[OZDI
[LPOUSPMPWBUULJTOPTUWPEPWPEOÎDIPLSVIDz
QSFDJOUBS MPT EJTQPTJUJWPT EF SFHVMBDJÓO EFM
DBVEBMEFHBTTJMBTSFHVMBDJPOFTWBSÎBO
DPOUSPMBS MB QSPEVDDJÓO EF BHVB DBMJFOUF
TBOJUBSJB
DPOUSPMBS MB FTUBORVFJEBE EF MPT DJSDVJUPT EF
BHVB
DPOUSPMBSMBWFOUJMBDJÓOZPBJSFBDJÓOEFMMPDBM
EFJOTUBMBDJÓOEPOEFFTUÊQSFWJTUP
TQSBXE[JǀXFOUZMBDKNjPSB[MVCOBQPXJFUS[FOJF
Q P N J F T [ D [ F O J B J O T U B M B D Z K O F H P K F ǧ M J
QS[FXJE[JBOP
+FǧMJ OBXFU KFEFO XZOJL QPXZǻT[ZDI QSÓC
CF[QJFD[FǝTUXB KFTU OFHBUZXOZ OJF XPMOP
VSVDIBNJBǀJOTUBMBDKJ
4JDVBMRVJFSBEFMPTDPOUSPMFTEFTFHVSJEBEEJFSBVO
SFTVMUBEPOFHBUJWPMBJOTUBMBDJÓOOPEFCFTFSQVFTUB
FOGVODJPOBNJFOUP
Stránka 45 z 62
[LPOUSPMPWBUWFOUJMBDJBOFCPWLJUSÃOÎWNÎTUOPTUJ
LEFKFLPUFMJOTUBMPWÃOUBNLEFKFUPUǥFCB
1PLVECZWÝTMFEFLCZǬKFOKFEOÊLPOUSPMZTPVWJTFKÎDÎ
TCF[QFǁOPTUÎNLJMCÝU[ÃQPSOÝOFTNÎCÝU[BǥÎ[FOÎ
VWFEFOPEPQSPWP[V
&4
&426&.")*%3¦6-*$0
-FZFOEB'JH
7ÃMWVMBEFHBT
4FSQFOUÎO*OPYEFMBDVNVMBEPS
¦OPEPEFNBHOFTJP
"DVNVMBEPS*OPY
1VSHBEPSEFBJSF
2VFNBEPS
$ÃNBSBEFDPNCVTUJÓO
*OUFSDBNCJBEPSQSJNBSJP
$BNQBOBEFIVNPT
7FOUJMBEPS
$ÃNBSBFTUBODB
4POEBEFEFTDBSHB
5FSNPTUBUPEFTFHVSJEBE
.FEJEPSEFDBVEBMEFIVNPT
7BTPEFFYQBOTJÓOJOTUBMBDJÓO
$JSDVMBEPSDBMEFSB
#ZQBTTSFHVMBCMF
(SJGPEFWBDJBEPJOTUBMBDJÓO
7ÃMWVMBUSFTWÎBTNPUPSJ[BEB
4POEBTBOJUBSJB
7ÃMWVMBEFTFHVSJEBECBS
(SJGPEFMMFOBEPJOTUBMBDJÓO
7BTPEFFYQBOTJÓOTBOJUBSJP
7ÃMWVMBEFTFHVSJEBECBS
7ÃMWVMBEFOPSFUPSOPFOUSBEBGSÎB
(SJGPEFWBDJBEPBDVNVMBEPS
(
"$
"'
3
.
"MJNFOUBDJÓOEFHBT
4BMJEBEFBHVBDBMJFOUFTBOJUBSJB
&OUSBEBEFBHVBGSÎBTBOJUBSJB
3FUPSOPDBMFGBDDJÓO
%FTDBSHBDBMFGBDDJÓO
1 4$)&."5):%3"6-*$;/:
-FZFOEB'JH
;BXÓSHB[V
8ƾǻPXOJDB*OPYEPCPKMFSB
"OPEBNBHOF[PXB
#PKMFS*OPY
;BXÓSPEQPXJFUS[BKƾDZ
1BMOJL
,PNPSBTQBMBOJB
8ZNJFOOJLQJFSXPUOZ
0LBQ
8FOUZMBUPS
,PNPSBT[D[FMOB
4POEBEPQZXV
5FSNPTUBUCF[QJFD[FǝTUXB
.JFSOJLQS[FQZXVTQBMJO
;CJPSOJLXZSÓXOBXD[Z
1PNQBPCJFHPXB
3FHVMPXBOFPCFKǧDJF
;BXÓSPQSÓǻOJFOJBJOTUBMBDKJ
;BXÓSUSÓKESPǻOZTJMOJLPXZ
4POEBPCJFHVTBOJUBSOFHP
;BXÓSCF[QJFD[FǝTUXBCBS
;BXÓSOBQFOJBOJBJOTUBMBDKJ
;CJPSOJLXZSÓXOBXD[ZPCJFHVTBOJUBS
OFHP
;BXÓSCF[QJFD[FǝTUXBCBS
;BXÓSQPXSPUOZEPQZXV[JNOFKXPEZ
;BXÓSPQSÓǻOJFOJBCPKMFSB
(
"$
"'
3
.
;BTJMBOJFHB[PXF
8ZKǧDJFDJFQFKXPEZTBOJUBSOFK
8FKǧDJFDJFQFKXPEZTBOJUBSOFK
*OTUBMBDKB[XSPUOB
*OTUBMBDKBUPD[OB
$;
):%3"6-*$,­4$)­."
-FHFOEB'JH
1MZOPWÝWFOUJM
4QJSÃMPWJUÊOFSF[PWÊQPUSVCÎPIǥÎWBǁF
)PǥǁÎLPWÃBOPEB
/FSF[PWÝPIǥÎWBǁ
0EW[EVØǞPWBDÎWFOUJM
)PǥÃL
4QBMPWBDÎLPNPSB
1SJNÃSOÎWÝNLJOÎL
%JHFTUPǥ
7FOUJMÃUPS
7[EVDIPULJTOÃLPNPSB
4POEBWÝUMBLV
#F[QFǁOPTUOÎUFSNPTUBU
1SDzUPLPNLJSTQBMJO
&YQBO[OÎOÃEPCB[BǥÎ[FOÎ
ƀFSQBEMPLPUMF
#ZQBTTSFHPMBCJMF
7ÝQVTUOÝLPIPVU[BǥÎ[FOÎ
5SPKDFTUOÝWFOUJMNPUPSJ[PWBOÝ
6ßJULPWÃTPOEB
#F[QFǁOPTUOÎWFOUJMCBS
1MOJDÎLPIPVU[BǥÎ[FOÎ
6ßJULPWÃFYQBO[OÎOÃEPCB
#F[QFǁOPTUOÎWFOUJMCBS
;QLJUOÝWFOUJMTUVEFOÊIPWTUVQV
7ÝQVTUOÝLPIPVUPIǥÎWBǁF
(
"$
"'
3
.
1ǥÎWPEQMZOV
0EUPLUFQMÊVßJULPWÊWPEZ
1ǥÎUPLTUVEFOÊVßJULPWÊWPEZ
7SBUOÝPLSVITZTUÊNV
/ÃCLJITZTUÊNV
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
Stránka 46 z 62
&4
1-
$;
&426&."&-­$53*$0
-FZFOEB'JH
" 5BSKFUBEFWJTVBMJ[BDJÓO
# 4POEBEFEFTDBSHB
# 4POEBTBOJUBSJP
# 4POEBFYUFSJPS"DDFTPSJP
# .FEJEPSEFDBVEBMEFIVNPT
4VQFS$"34VQFS$PNBOEP"NJDP3FNPUP
"DDFTPSJP
& #VKÎBTFODFOEJEP
& #VKÎBDBQUBDJÓO
& 5FSNPTUBUPEFTFHVSJEBE
' 'VTJCMFMÎOFB
' 'VTJCMFOFVUSP
. $JSDVMBEPSDBMEFSB
. 7FOUJMBEPS
. 7ÃMWVMBUSFTWÎBTNPUPSJ[BEB
4 1SFTPTUBUPJOTUBMBDJÓO
4 5FSNPTUBUPBNCJFOUF"DDFTPSJP
5 5SBOTGPSNBEPSFODFOEJEP
5 5SBOTGPSNBEPSUBSKFUBDBMEFSB
6 3FDUJêDBEPSJOUFSOPFODPOFDUPSEFWÃM
WVMBEFHBTQSFTFOUFTÓMPFOWÃMWVMBT
)POFZXFMM
9 1VFOUFUFSNPTUBUPBNCJFOUF
: 7ÃMWVMBEFHBT
: .PEVMBEPSWÃMWVMBEFHBT
1SJNBSJP
4FDVOEBSJP
"MJNFOUBDJÓO7BD)[
4VQFS$"3"DDFTPSJP
5BSKFUB;POBT"DDFTPSJP
$POFYJÓO*.(#64
1VFOUFDPOêHVSBDJÓOBDVNVMBEPS
1VFOUFDPOêHVSBDJÓOFTUBODB
"NBSJMMP7FSEF
"[VM
.BSSÓO
/FHSP
7FSEF
/BSBOKB
3PKP
(SJT
#MBODP
4BOJUBSJP
$BMFGBDDJÓO
4$)&."5&-&,53:$;/:
-FZFOEB'JH
" 4DIFNBUJOUFSGFKTV
# 4POEBEPQZXV
# 4POEBPCJFHVTBOJUBSOFHP
# 4POEB[FXONjUS[OBPQDKB
# .JFSOJLQS[FQZXVTQBMJO
4VQFS$"3;EBMOZQBOFM4VQFS"NJDP
"DDFTPSJP
& ƦXJFDF[BQPOPXF
& ƦXJFDFQPNJBSPXF
& 5FSNPTUBUCF[QJFD[FǝTUXB
' #F[QJFD[OJLMJOJPXZ
' 'VTJCMFOFVUSP
. 1PNQBPCJFHPXB
. 8FOUZMBUPS
. ;BXÓSUSÓKESPǻOZTJMOJLPXZ
4 1SFTPTUBUJOTUBMBDKJ
4 5FSNPTUBUǧSPEPXJTLPXZPQDKB
5 5SBOTGPSNBUPS[BQPOV
5 5SBOTGPSNBUPSTDIFNBUVLPUB
6 8FXONjUS[OZQSPTUPXOJLƾD[OJLB[BXP
SVHB[PXFHPOBXZQPTBǻFOJVUZMLP
ƾD[OJF[[BXPSBNJUZQV)POFZXFMM
9 .PTUFLUFSNPTUBUVǧSPEPXJTLPXFHP
: ;BXÓSHB[PXZ
: .PEVMBUPS[BXPSVHB[PXFHP
1JFSXPUOZ
8UÓSOZ
;BTJMBOJF7BD)[
4VQFS$"30QDKB
4DIFNBUTUSFGZPQDKB
1PƾD[FOJF*.(#64
.PTUFLLPOêHVSBDKJCPKMFSB
.PTUFLLPOêHVSBDKJLPNPSZT[D[FMOFK
ƺӐUZ;JFMPOZ
/JFCJFTLJ
#Sƾ[PXZ
$[BSOZ
;JFMPOZ
1PNBSBǝD[PXZ
$[FSPXOZ
4[BSZ
#JBZ
4BOJUBSJP
$BMFGBDDJÓO
&-&,53*$,­4$)­."
-FHFOEB'JH
" ;PCSB[PWBDÎLBSUB
# 4POEBWÝUMBLV
# 6ßJULPWÃTPOEB
# 7FOLPWOÎTPOEBWPMJUFMOLJ
# 1SDzUPLPNLJSTQBMJO
4VQFS$"3%ÃMLPWÊPWMÃEÃOÎ4VQFS$PNBOEP
"NJDP3FNPUPWPMJUFMOLJ
& ;BQBMPWBDÎTWÎǁLZ
& %FUFLǁOÎTWÎǁLB
& #F[QFǁOPTUOÎUFSNPTUBU
' 1PKJTULBFMWFEFOÎ
' /FVUSÃMOÎQPKJTULB
. ƀFSQBEMPLPUMF
. 7FOUJMÃUPS
. 5SPKDFTUOÝWFOUJMNPUPSJ[PWBOÝ
4 1SFTPTUBU[BǥÎ[FOÎ
4 1PLPKPWÝUFSNPTUBUWPMJUFMOLJ
5 5SBOTGPSNÃUPS[BQÎOÃOÎ
5 5SBOTGPSNÃUPSLBSUZLPUMF
6 7OJUǥOÎVTNLJSǞPWBǁLPOFLUPSV
QMZOPWÊIPWFOUJMVQPV[FVWFOUJMDz
)POFZXFMM
9 .PTUUFSNPTUBUVQSPTUǥFEÎ
: 1MZOPWÝWFOUJM
: .PEVMÃUPSQMZOPWÊIPWFOUJMV
1SJNÃSOÎ
4FLVOEÃSOÎ
/BQÃKFOÎ7BD)[
4VQFS$"3WPMJUFMOLJ
,BSUB[ÓOWPMJUFMOLJ
1ǥJQPKFOÎ*.(#64
1ǥFNPTULJOÎLPOêHVSBDFPIǥÎWBǁF
1ǥFNPTULJOÎLPOêHVSBDFW[EVDIPULJTOÊLPN
ÂMVUÃ;FMFOÃ
.PESÃ
)OLJEÃ
ƀFSOÃ
;FMFOÃ
0SBOßPWÃ
ƀFSWFOÃ
»FEÃ
#ÎMÃ
6ßJULPWÝ
7ZUÃQLJOÎ
ΰΰΰΰ
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
Stránka 47 z 62
&4
1-
$;
.BOEPT SFNPUPT MB DBMEFSB FTUÃ QSFQBSBEB QBSB
GVODJPOBSDPOFM$PNBOEP"NJDP3FNPUP$"3
PFOTVMVHBSDPOFM4VQFS$PNBOEP"NJDP3FNPUP
4VQFS $"3
MPT DVBMFT EFCFO TFS DPOFDUBEPT B
MPTCPSOFTZEFMDPOFDUPS9EFMBUBSKFUB
FMFDUSÓOJDBSFTQFUBOEPMBQPMBSJEBEZFMJNJOBOEP
FMQVFOUF9
;EBMOF TUFSPXBOJB LPDJP KFTU QS[ZTUPTPXBOZ EP
QPEƾD[FOJB [EBMOFHP QBOFMV "NJDP $"3
MVC
[EBMOFHPQBOFMV4VQFS"NJDP4VQFS$"3
LUÓSF
QPXJOOZ CZǀ QPEƾD[POF EP [BDJTLÓX J ƾD[OJLB9OBLBSDJFFMFLUSPOJD[OFKPSB[VTVXBKƾD
XPCZEXVQS[ZQBELBDINPTUFL9
1PLPKPWÝ UFSNPTUBU ,PUFM KF VSǁFO L QPVßJUÎ W
LPNCJOBDJTQPLPKPWÝNUFSNPUBUFN4
5FSNPTUBUP BNCJFOUF MB DBMEFSB FTUÃ QSFQBSBEB
QBSBGVODJPOBSDPOFM5FSNPTUBUP"NCJFOUF4
$POFDUBSMP B MPT CPSOFT FMJNJOBOEP FM
QVFOUF9
&M DPOFDUPS 9 TJSWF QBSB MB DPOFYJÓO DPO MB
UBSKFUBSFMÊ
&MDPOFDUPS9TJSWFQBSBMBDPOFYJÓOB1$
&MDPOFDUPS9TJSWFQBSBPQFSBDJPOFTEFBDUVBMJ
[BDJÓOEFTPѫXBSF
5FSNPTUBUǧSPEPXJTLPXZLPDJPKFTUQS[ZTUPTPXBOZ
EP [BNPOUPXBOJB UFSNPTUBUV ǧSPEPXJTLPXFHP
4
1PEƾD[ZǀHPEP[BDJTLÓXJFMJNJOVKƾD
NPTUFL9
ŠƾD[OJL9TVǻZEPQPEƾD[FOJBQS[FLBǺOJLB
ŠƾD[OJL 9 TVǻZ EP QPEƾD[FOJB LPNQVUFSB
PTPCJTUFHP
Š ƾ D [ O J L 9 T  V ǻ Z E P B L U V B M J [ B D K J
PQSPHSBNPXBOJB
130#-&."4104*#-&4:464$"64"4
*NQPSUBOUF MBT BDUVBDJPOFT EF NBOUFOJNJFOUP
EFCFO TFS FGFDUVBEBT QPS VO UÊDOJDP BVUPSJ[BEP
QPS FKFNQMP FM 4FSWJDJP EF "TJTUFODJB 5ÊDOJDB
*NNFSHBT
&8&/56"-/&645&3,***$)
13;:$;:/:
/#8T[FMLJFD[ZOOPǧDJLPOTFSXBDZKOFQPXJOOZ
CZǀ XZLPOZXBOF QS[F[ XZLXBMJGJLPXBOFHP
UFDIOJLB OQ [ TFSXJTV UFDIOJD[OFHP êSNZ
*NNFSHBT
0MPS B HBT %FCJEP B QÊSEJEBT EF MBT UVCFSÎBT
FOFMDJSDVJUPEFHBT&TOFDFTBSJPDPOUSPMBSMB
FTUBORVFJEBEEFMDJSDVJUPEFUSBOTQPSUFEFHBT
;BQBDIHB[V4QPXPEPXBOFKFTUUPTUSBUBNJX
SVSBDIXJOTUBMBDKJHB[PXFK/BMFǻZTQSBXE[Jǀ
T[D[FMOPǧǀVLBEV[BTJMBOJBHB[FN
&M WFOUJMBEPS GVODJPOB QFSP FM FODFOEJEP OP
TF USBOTNJUF B MB SBNQB EFM RVFNBEPS 1VFEF
TVDFEFSRVFFMWFOUJMBEPSBSSBORVFQFSPRVFFM
NFEJEPSEFDBVEBMEFIVNPTOPEFBVUPSJ[BDJÓO
QBSBFMFODFOEJEP&TOFDFTBSJPDPNQSPCBS
8FOUZMBUPSE[JBBMFD[OJFE[JBBTQVTU[BQPOV
QBMOJLB .PǻF [BJTUOJFǀ TZUVBDKB ǻF XFOUZMBUPS
E[JBBMFD[QSFTPTUBU[BCF[QJFD[BKƾDZQPXJFUS[BOJF
NBQPEƾD[FOJB[FTUZLJFN/BMFǻZTQSBXE[JǀD[Z
RVF FM DPOEVDUP EF BTQJSBDJÓOEFTDBSHB OP
TFB EFNBTJBEP MBSHP NÃT EF MBT NFEJEBT
QFSNJUJEBT
RVF FM DPOEVDUP EF BTQJSBDJÓOEFTDBSHB OP
FTUÊ PCTUSVJEP QBSDJBMNFOUF FO MB QBSUF EF
EFTDBSHBPFOMBEFBTQJSBDJÓO
RVFMBFTUBORVFJEBEEFMBDÃNBSBFTUBODBTFB
QFSGFDUB
$PNCVTUJÓOJSSFHVMBSMMBNBSPKBPBNBSJMMB
1VF
EFEFCFSTFBRVFNBEPSTVDJPCMPRVFMBNJOBS
PCTUSVJEPUFSNJOBMEFBTQJSBDJÓOEFTDBSHBOP
JOTUBMBEPDPSSFDUBNFOUF&GFDUVBSMBTMJNQJF[BT
EFMPTDPNQPOFOUFTBSSJCBJOEJDBEPTZDPNQSP
CBSRVFMBJOTUBMBDJÓOEFMUFSNJOBMTFBDPSSFDUB
"DUVBDJPOFTGSFDVFOUFTEFMUFSNPTUBUPEFTFHV
SJEBE QPS TPCSFUFNQFSBUVSB 1VFEF EFCFSTF B
GBMUBEFBHVBFOMBDBMEFSBBQPDBDJSDVMBDJÓO
EFBHVBFOMBJOTUBMBDJÓOEFDBMFGBDDJÓOPBRVF
FM DJSDVMBEPS FTUÊ CMPRVFBEP $POUSPMBS DPO FM
NBOÓNFUSPRVFMBQSFTJÓOEFMBJOTUBMBDJÓOTF
NBOUFOHB EFOUSP EF MPT MÎNJUFT FTUBCMFDJEPT
$PNQSPCBSRVFMPTHSJGPTEFMPTSBEJBEPSFTOP
FTUÊOUPEPTDFSSBEPT
1SFTFODJBEFBJSFEFOUSPEFMBJOTUBMBDJÓO$PN
QSPCBSRVFMBDBQFSV[BEFMQVSHBEPSEFBJSFTF
BCSFCJFO'JH
$PNQSPCBSRVFMBQSFTJÓO
EF MB JOTUBMBDJÓO Z EF MB QSFDBSHB EFM WBTP EF
FYQBOTJÓOFTUÊEFOUSPEFMPTMÎNJUFTFTUBCMFDJEPT
FMWBMPSEFQSFDBSHBEFMWBTPEFFYQBOTJÓOEFCF
TFSJHVBMBCBSZFMWBMPSEFMBQSFTJÓOEFMB
JOTUBMBDJÓOEFCFFTUBSFOUSFZCBS
#MPRVFPQPSGBMUBEFFODFOEJEP"QEP
4POEBTBOJUBSJBBWFSJBEB1BSBMBTVTUJUVDJÓOEFMB
TPOEBTBOJUBSJBOPFTOFDFTBSJPWBDJBSFMBDVNV
MBEPSQVFTMBTPOEBOPFOUSBFODPOUBDUPEJSFDUP
DPOFMBHVBDBMJFOUFTBOJUBSJBRVFTFFODVFOUSB
EFOUSPEFMBDVNVMBEPS
QS[FXÓEEPQSPXBE[BOJBTQVTUVOJFKFTU[CZU
EVHJQS[FLSBD[BEP[XPMPOFXZNJBSZ
QS[FXÓE EPQSPXBE[BOJBTQVTUV OJF KFTU
D[NjǧDJPXP[BCMPLPXBOZXD[NjǧDJ[BTZTBKƾDFK
MVCTQVTUPXFK
T[D[FMOPǧǀLPNPSZT[D[FMOFK
/JFSFHVMBSOFTQBMBOJFQPNJFǝD[FSXPOZMVC
ǻӐUZ
.PǻFUPCZǀTQPXPEPXBOF[BCSVE
[POZNQBMOJLJFN[BULBOZNQBLJFUFNQZUFL
HS[FKOZDI OJFQSBXJEPXƾ JOTUBMBDKƾ [FTUBXV
EPQSPXBE[BKƾDPTQVTUPXFHP 0D[ZǧDJǀ XZǻFK
XTQPNOJBOF LPNQPOFOUZ J TQSBXE[Jǀ JDI
XBǧDJXƾJOTUBMBDKNj
$[NjTUF VSVDIBNJBOJF TJNj CMPLBEZ TQPXPEPBOF
OJFXZTUBSD[BKƾDZN PCJFHJFN XPEZ .PǻF UP
XZOJLBǀ[CSBLVXPEZXLPUMFOJTLJFHPQP[JP
NVXPEZXPCJFHVJOTUBMBDKJMVCX[XJƾ[LV[
CMPLBEƾQPNQZ4QSBXE[JǀOBNBOPNFUS[FD[Z
DJǧOJFOJFXJOTUBMBDKJNJFǧDJTJNjXPLSFǧMPOZDI
HSBOJDBDI 4QSBXE[Jǀ D[Z [BXPSZ HS[FKOJLÓX
OJFTƾ[BNLOJNjUFPSB[TQSBXE[JǀE[JBBOJFQPNQZ
PCJFHPXFK
0CFDOPǧǀ QPXJFUS[B X JOTUBMBDKJ 4QSBXE[Jǀ
PUXBSDJF OBT BE LJ TQ F D KB MOFHP [BXPS V
PEQPXJFUS[BKƾDFHPQBUS[SZTVOFLOBTUS
4QSBXE[JǀD[ZDJǧOJFOJFXJOTUBMBDKJJPSB[
DJǧOJFOJFXTUNjQOFX[CJPSOJLVXZSÓXOBXD[ZN
NJFT[D[ƾTJNjXVTUBMPOZDIXBSUPǧDJBDIDJǧOJFOJF
XTUNjQOFX[CJPSOJLVXZSÓXOBXD[ZNQPXJOOP
XZOPTJǀCBSBDJǧOJFOJFXJOTUBMBDKJQPXJOOP
NJFǧDJǀTJNjNJNjE[ZBCBS
#MPLBEB[BQPOV"QEP
$[VKOJL PCJFHV TBOJUBSOFHP VT[LPE[POZ %P
XZNJBOZ D[VKOJLB PCJFHV TBOJUBSOFHP OJF KFTU
LPOJFD[OFPQSÓǻOJFOJFCPKMFSBHEZǻD[VKOJLOJF
TUZLBTJNjCF[QPǧSFEOJP[DJFQƾXPEƾTBOJUBSOƾ
[OBKEVKƾDƾTJNjXFXONjUS[VCPKMFSB
Stránka 48 z 62
1ǥJQPKUF IP LF TWPSLÃN B B PETUSBǞUF
QǥFNPTULJOÎ9
,POFLUPS 9 TF QPVßÎWà QSP QǥJQPKFOÎ LF LBSUULJ
SFMÊ
,POFLUPS9TFQPVßÎWÃQSPQǥJQPKFOÎLPTPCOÎNV
QPǁÎUBǁJ
,POFLUPS 9 TF QPVßÎWà QSP PQFSBDF TQPKFOÊ TF
TPѫXBSPWPVBLUVBMJ[BDÎ
1Ƥ±1"%/­1036$):"+&+*$)
1Ƥ±ƀ*/:
1P[OÃNLB ;ÃTBIZ TQPKFOÊ T ÙESßCPV NVTÎ CÝU
QSPWFEFOZQPWLJǥFOÝNUFDIOJLFNOBQǥ[FTFSWJT
OÎIPPEELJMFOÎ*NNFSHBT
;ÃQBDI QMZOV +F [QDzTPCFO ÙOJLZ [ QPUSVCÎ
QMZOPWÊIPPLSVIV+FUǥFCB[LPOUSPMPWBUULJTOPTU
QǥÎWPEOÎIPQMZOPWÊIPPLSVIV
7FOUJMÃUPSQSBDVKFBMFOFEPKEFLWÝCPKJOBSBNQLJ
IPǥÃLV.DzßFTFTUÃUßFTFTQVTUÎWFOUJMÃUPSBMF
QSDzUPLPNLJS TQBMJO OFEÃ QPLZO L [BQÃMFOÎ+F
QPUǥFCB[LPOUSPMPWBU
[EB OBTÃWBDÎ WÝGVLPWÊ QPUSVCÎ OFOÎ QǥÎMJØ
EMPVIÊQǥFTBIVKÎDÎQPWPMFOPVEÊMLV
[EBOFOÎOBTÃWBDÎmWÝGVLPWÊQPUSVCÎǁÃTUFǁOLJ
VDQÃOPKBLWOBTÃWBDÎUBLWÝGVLPWÊǁÃTUJ
[EBW[EVDIPULJTOÃLPNPSBEPLPOBMFULJTOÎ
/FSPWOPNLJSOÊ TQBMPWÃOÎ ǁFSWFOÝ OFCP ßMVUÝ
QMBNFO
.DzßF CÝU [QDzTPCFOP [OFǁJTULJOÝN
IPǥÃLFN VDQBOÝN MBNFMÃSOÎN TWB[LFN
OFTQSÃWOLJ JOTUBMPWBOÝN LPODPWÝN LVTFN
OBTÃWÃOÎWÝGVLV7ZǁJTULJUFWÝØFVWFEFOÊEÎMZ
B [LPOUSPMVKUF TQSÃWOPTU JOTUBMBDF LPODPWÊIP
LVTV
ƀBTUÊ [ÃTBIZ CF[QFǁOPTUOÎIP UFSNPTUBUV
QǥFIǥÎWÃOÎ .DzßF [ÃWJTFU OB TOÎßFOÊN UMBLV
WPEZWLPUMJOFEPTUBUFǁOÊDJSLVMBDJWFWZUÃQLJDÎN
TZTUÊNV[BCMPLPWBOÝNǁFSQBEMFNOFCPQPSVØF
SFHVMBǁOÎEFTLZLPUMF;LPOUSPMVKUFOBNBOPNF
USV [EB KF UMBL W TZTUÊNV NF[J TUBOPWFOÝNJ
MJNJUOÎNJIPEOPUBNJ;LPOUSPMVKUF[EBWØFDIOZ
WFOUJMZSBEJÃUPSDzOFKTPVV[BWǥFOZ
1ǥÎUPNOPTUW[EVDIVWTZTUÊNV;LPOUSPMVKUF[EB
KFPUFWǥFOBǁFQJǁLBQǥÎTMVØOÊIPPEW[EVØǞPWBDÎIP
WFOUJMV 0CS ;LPOUSPMVKUF [EB KF UMBL
TZTUÊNV B QǥFECLJßOÊIP OBUMBLPWÃOÎ FYQBO[OÎ
OÃEPCZWSÃNDJQǥFEOBTUBWFOÝDIIPEOPU)PE
OPUBQǥFECLJßOÊIPOBUMBLPWÃOÎFYQBO[OÎOÃEPCZ
NVTÎCÝUCBSIPEOPUBUMBLVWTZTUÊNVNVTÎ
CÝUNF[JBCBS
;BCMPLPWÃOÎWEDzTMFELVOF[BQÃMFOÎ0ETU
;ÃWBEBTPOEZVßJULPWÊWPEZ7QǥÎQBELJWÝNLJOZ
TPOEZ VßJULPWÊ WPEZ OFOÎ OVUOÊ WZQSÃ[EOJU
PIǥÎWBǁQSPUPßFTPOEBOFOÎWQǥÎNÊNLPOUBLUV
TUFQMPVVßJULPWPVWPEPVWPIǥÎWBǁJ
&4
1-
$;
$0/7&34*¶/%&-"$"-%&3"&/
$"40%&$".#*0%&("4
4J FM BQBSBUP EFCF BEBQUBSTF B VO HBT EJTUJOUP BM
FTQFDJêDBEPFOMBQMBDBFTOFDFTBSJPTPMJDJUBSFMLJU
DPOUPEPMPOFDFTBSJPQBSBFGFDUVBSMBJOTUBMBDJÓOMB
DVBMQPESÃTFSFGFDUVBEBFOQPDPUJFNQP
-BPQFSBDJÓOEFBEBQUBDJÓOBMUJQPEFHBTEFCFTFS
SFBMJ[BEBQPSVOUÊDOJDPBVUPSJ[BEPQPSFKFNQMPFM
4FSWJDJPEF"TJTUFODJB5ÊDOJDB*NNFSHBT
1BSBDBNCJBSEFHBTFTOFDFTBSJP
DPSUBSMBUFOTJÓOFMÊDUSJDBEFMBQBSBUP
,0/8&34+",05Š"813;:1"%,6
;.*"/:(";6
8SB[JFLPOJFD[OPǧDJEPQBTPXBOJBVS[ƾE[FOJBEP
JOOFHP SPE[BKV HB[V OJǻ XTLB[BOZ OB UBCMJD[DF
LPOJFD[OF KFTU [BNÓXJFOJF [FTUBXV QPUS[FCOZDI
OBS[NjE[J EP EPLPOBOJB LPOXFSTKJ LUÓSƾ NPǻOB
T[ZCLP QS[FQSPXBE[Jǀ %PTUPTPXBOJF LPUB EP
OPXFHP SPE[BKV HB[V NVTJ CZǀ XZLPOBOF QS[F[
XZLXBMJêLPXBOFHP UFDIOJLB OQ [ TFSXJTV
UFDIOJD[OFHP*NNFSHBT
"CZQS[FKǧǀOBJOOZSPE[BKHB[VOBMFǻZ
PEDJƾǀ[BTJMBOJFVS[ƾE[FOJB
1Ƥ&45"7#",05-&71Ƥ±1"%Ɔ
;.Ɔ/:1-:/6
7QǥÎQBELJßFCZCZMPQPUǥFCBVQSBWJU[BǥÎ[FOÎLF
TQBMPWÃOÎKJOÊIPQMZOVOFßKFUFOLUFSÝKFVWFEFO
OBØUÎULVKFOVUOÊTJWZßÃEBUTPVQSBWVTFWØÎNDP
KF QPUǥFCB L UÊUP QǥFTUBWCLJ 5V KF NPßOÊ QSPWÊTU
WFMJDFSZDIMF
;ÃTBIZTQPKFOÊTQǥJ[QDzTPCFOÎNLPUMFUZQVQMZOVKF
UǥFCBTWLJǥJUEPSVLPVQPWLJǥFOÊNVUFDIOJLPWJOBQǥ
[FTFSWJTOÎIPPEELJMFOÎ*NNFSHBT
1SPQǥFDIPEOB
KJOÝQMZOKFOVUOÊ
PEQPKJU[BǥÎ[FOÎPEOBQLJUÎ
XZNJFOJǀ EZT[F QBMOJLB HÓXOFHP [XSBDBKƾD
VXBHNj BCZ VNJFǧDJǀ TUPTPXOF SP[FUZ
VT[D[FMOJBKƾDF NJNjE[Z QS[FXPEFN HB[V B
EZT[BNJ
WZNLJOJUUSZTLZIMBWOÎIPIPǥÃLVBOF[BQPNFOPVU
QǥJUPN NF[J QMZOPWÝ LPMFLUPS B USZTLZ WMPßJU
QǥÎTMVØOÊULJTOJDÎSDzßJDFPCTBßFOÊWTPVQSBWLJ
TVTUJUVJSMPTJOZFDUPSFTEFMRVFNBEPSQSJODJQBM
TJOPMWJEBSTFEFDPMPDBSFOUSFFMDPOFDUPSEFHBT
ZMPTJOZFDUPSFTMBTBSBOEFMBTEFFTUBORVFJEBE
TVNJOJTUSBEBTDPOFMLJU
WPMWFSBBDUJWBSMBUFOTJÓOFMÊDUSJDBEFMBQBSBUP
DPOêHVSBSFMQBSÃNFUSPi5*10("4uTFHÙOEF
DVÃMTFBFMEJTQPOJCMFWFSBQBSUBEPiQSPHSBNB
DJÓOEFMBUBSKFUBFMFDUSÓOJDBu
SFHVMBSMBQPUFODJBUÊSNJDBNÃYJNBEFMBDBMEF
SB
SFHVMBSMBQPUFODJBUÊSNJDBNÎOJNBEFMBDBMEF
SB
SFHVMBSTJFTOFDFTBSJP
MBQPUFODJBEFDBMFGBD
DJÓOQPSNFEJPEFMQBSÃNFUSPi."93*4$uWFS
BQBSUBEPiQSPHSBNBDJÓOEFMBUBSKFUBFMFDUSÓOJ
DBu
QSFDJOUBSMPTEJTQPTJUJWPTEFSFHVMBDJÓOEFMDBV
EBMEFHBTTJTPODBNCJBEBTMBTSFHVMBDJPOFT
VOBWF[FGFDUVBEBMBUSBOTGPSNBDJÓODPMPDBSFM
BEIFTJWPJODMVJEPFOFMLJUDPOWFSTJÓODFSDBEF
MBQMBDBEFEBUPT&OÊTUBTFSÃOFDFTBSJPCPSSBS
DPOVOSPUVMBEPSJOEFMFCMFMPTEBUPTSFMBUJWPTBM
BOUJHVPUJQPEFHBT
1BSBFGFDUVBSFTUBTSFHVMBDJPOFTTFEFCFUFOFSFO
DVFOUBFMUJQPEFHBTFOVTPTJHVJFOEPMBTJOEJDB
DJPOFTEFMBTUBCMBT"QEP
$0/530-&4"&'&$56"353"4-"4
$0/7&34*0/&4%&("4
5SBTIBCFSTFBTFHVSBEPEFRVFMBUSBOTGPSNBDJÓO
IBZBTJEPFGFDUVBEBDPOJOZFDUPSFTDPOFMEJÃNFUSP
FTUBCMFDJEPQBSBFMUJQPEFHBTRVFTFWBBVTBSZEF
RVFFMDBMJCSBEPIBZBTJEPFGFDUVBEPBMBQSFTJÓO
FTUBCMFDJEBFTOFDFTBSJPDPNQSPCBSRVF
OP FYJTUB SFUPSOP EF MMBNB FO MB DÃNBSB EF
DPNCVTUJÓO
MB MMBNB EFM RVFNBEPS OP TFB FYDFTJWBNFOUF
BMUB P CBKB Z RVF TFB FTUBCMF OP TF TFQBSF EFM
RVFNBEPS
MPT QSPCBEPSFT EF QSFTJÓO VUJMJ[BEPT QBSB FM
DBMJCSBEPTFIBZBODFSSBEPQFSGFDUBNFOUFZOP
FYJTUBOQÊSEJEBTEFHBTFOFMDJSDVJUP
*NQPSUBOUFUPEBTMBTPQFSBDJPOFTDPODFSOJFOUFTB
MBTSFHVMBDJPOFTEFMBTDBMEFSBTEFCFOTFSFGFDUVBEBT
QPSVOUÊDOJDPBVUPSJ[BEPQPSFKFNQMPFM4FSWJDJP
EF"TJTUFODJB5ÊDOJDB*NNFSHBT
&MDBMJCSBEPEFM
RVFNBEPSEFCFTFSFGFDUVBEPDPOVONBOÓNFUSP
EJGFSFODJBMFOi6uPEJHJUBMDPOFDUBEPBMBUPNB
QSFTJÓOQPTJUJWB%FU'JH
ZBMBUPNBEF
QSFTJÓOEFTBMJEBFOMBWÃMWVMBEFHBT%FU'JH
SFTQFUBOEPFMWBMPSEFQSFTJÓOJOEJDBEPFOMBT
UBCMBT"QEP
QBSBFMUJQPEFHBTQBSBFMRVFMB
DBMEFSBFTUÃQSFQBSBEB
3&(6-"$*0/&426&16&%&4&3/&њ
$&4"3*0&'&$56"3&/-"7¦-76-"
%&("4
r 3FHVMBDJÓOEFMBQPUFODJBUÊSNJDBOPNJOBMEFMB
DBMEFSB'JH
(JSBSFMTFMFDUPSEFUFNQFSBUVSBEFMBHVBDBMJFOUF
TBOJUBSJB'JH
IBTUBMBQPTJDJÓOEFNÃYJ
NP
"CSJSVOHSJGPEFMBHVBDBMJFOUFTBOJUBSJBQBSB
FWJUBSRVFBDUÙFMBNPEVMBDJÓO
3FHVMBS DPO MB UVFSDB EF MBUÓO MB QPUFODJB
OPNJOBM EF MB DBMEFSB SFTQFUBOEP MPT WBMPSFT
EFQSFTJÓONÃYJNBEFMBTUBCMBT"QEP
FO
GVODJÓOEFMUJQPEJHBT
QPOPXOJF[BTJMJǀOBQJNjDJFNVS[ƾE[FOJF
XZSFHVMPXBǀQBSBNFUSi5:1(";6uVTUBXJBKƾD
HP [HPEOJF [ UZQFN HB[V QBUS[ SP[E[JB
t1SPHSBNPXBOJFLBSUZFMFLUSPOJD[OFKu
XZSFHVMPXBǀNBLTZNBMOƾNPDDJFQMOƾLPUB
XZSFHVMPXBǀNJOJNBMOƾNPDDJFQMOƾLPUB
XZSFHVMPXBǀFXFOUVBMOJF
NPDDJFQPXOJD[ƾ[B
Q PNP Dƾ QBSBNFUS V i."9 0 (3;&8u
QBUS[ SP[E[JB t1SPHSBNPXBOJF LBS UZ
FMFLUSPOJD[OFKu
VT[D[FMOJǀVS[ƾE[FOJBSFHVMVKƾDFQS[FQZXHB[V
KFǧMJ[NJFOJBTJNjVTUBXJFOJB
QPEPLPOBOJV[NJBOZOBMFǻZQS[ZLMFJǀOBMFQLNj
[ [FTUBXV X QPCMJǻV UBCMJD[LJ JOGPSNBDZKOFK
VS[ƾE[FOJB /B OBMFQDF OBMFǻZ XZLSFǧMJǀ
OJF[NZXBMOZN ëBNBTUSFN EBOF EPUZD[ƾDF
TUBSFHPUZQVHB[V
3FHVMBDKF OBMFǻZ EPLPOBǀ PEQPXJFEOJP EP
VǻZXBOFHPSPE[BKVHB[V[HPEOJF[FXTLB[BOJBNJ
UBCFMJSP[E[
,0/530-&%08:,0/"/*"10
,0/8&34+*(";6
1P VQ F X O J F O JV T J Nj ǻ F [ N J B O B [ P T U B  B
QS[FQSPXBE[POB J [BNPOUPXBOF EZT[F QPTJBEBKƾ
ǧSFEOJDF PEQPXJFEOJF EP [BTUPTPXBOFHP SPE[BKV
HB[VPSB[QPLBMJCSBDKJJOTUBMBDKJEPPLSFǧMPOFHP
DJǧOJFOJBOBMFǻZSÓXOJFǻTQSBXE[JǀD[Z
OJFNBDPGBOJBQPNJFOJBEPLPNPSZTQBMBOJB
QPNJFǝXQBMOJLVOJFKFTUOBENJFSOJFXZTPLJ
D[ZOJTLJPSB[D[ZKFTUTUBCJMOZD[ZQBMOJLTJNjOJF
PEƾD[Z
OBS[NjE[JB DJǧOJFOJPXF QS[Z LBMJCSBDKJ Tƾ
EPLBEOJF[BNLOJNjUFJOJFOBTUNjQVKFXZDJFLHB[V
[PCXPEV
/#8T[ZTULJFE[JBBOJB[XJƾ[BOF[SFHVMBDKƾ
LPUB QPXJOOZ CZǀ QS[FQSPXBE[BOF QS[F[
XZLXBMJêLPXBOFHP UFDIOJLB OQ [ TFSXJTV
UFDIOJD[OFHPêSNZ*NNFSHBT
,BMJCSBDKBQBMOJLB
QPXJOOB [PTUBǀ QS[FQSPXBE[POB [B QPNPDƾ
NBOPNFUSVDJFD[PXFHPSÓǻOJD[LPXFHPXLT[UBDJF
MJUFSZt6uBMCPDZGSPXFHPQPEƾD[POFHPEP[ƾD[B
OBET[D[FMOƾLPNPSƾT[D[FHӐ3ZT
PSB[
EPXZKǧDJB[BXPSVHB[PXFHPT[D[FHӐ3ZT
/BMFǻZTQSBXE[JǀD[ZXBSUPǧǀDJǧOJFOJBQPEBOBX
UBCFMJ SP[E[ EMB EBOFHP SPE[BKV HB[V KFTU
DJǧOJFOJFNOBKBLJFLPDJP[PTUBOBTUBXJPOZ
&8&/56"-/"3&(6-"$+";"8036
(";08&(0
r 3FHVMBDKB [OBNJPOPXFK NPDZ DJFQMOFK LPUB
3ZT
0CSÓDJǀ QPLSNjUP XZCPSV UFNQFSBUVSZ DJFQFK
XPEZ TBOJUBSOFK 3ZT OB QP[ZDKNj QSBDB
NBLTZNBMOB
0UXPS[Zǀ [BXÓS DJFQFK XPEZ TBOJUBSOFK
VOJLBKƾDNPEVMBDKJ
8ZSFHVMPXBǀ OB NPTJNjǻOFK OBLSNjUDF NPD
OPNJOBMOƾLPUBQS[FTUS[FHBKƾDNBLTZNBMOZDI
XBSUPǧDJ DJǧOJFOJB QPEBOZDI X UBCFMJ SP[E[
[HPEOJF[SPE[BKFNHB[V
1S[Z PCSBDBOJV [HPEOJF [ SVDIFN XTLB[ÓXFL
[FHBSB NPD DJFQMOB X[SBTUB B X LJFSVOLV
QS[FDJXOZN[NOJFKT[BTJNj
r 3FHVMBDKBNJOJNBMOFKNPDZDJFQMOFK3ZT
Stránka 49 z 62
QǥJQPKJU[BǥÎ[FOÎ[OPWVLOBQLJUÎ
OBTUBWJUQBSBNFUSi5*10("4u5:11-:/6
OB
TQSÃWOÝUZQQMZOVWJ[PETUBWFDiQSPHSBNPWÃOÎ
FMFLUSPOJDLÊLBSUZu
OBTUBWJUNBYJNÃMOÎUFQFMOÝWÝLPOLPUMF
OBTUBWJUNJOJNÃMOÎUFQFMOÝWÝLPOLPUMF
VQSBWUFWQǥÎQBELJQPUǥFCZ
UPQOÝWÝLPOQPNPDÎ
QBSBNFUSVi."93*4$u."97:5¦1
WJ[
PETUBWFDiQSPHSBNPWÃOÎFMFLUSPOJDLÊLBSUZu
[BQMPNCPWBUSFHVMBǁOÎ[BǥÎ[FOÎQSDzUPLVQMZOV
QPLVECZTFNLJMBOBTUBWFOÎ[NLJOJU
QP EPLPOǁFOÎ QǥFTUBWCZ OBMFQUF OÃMFQLV [
QǥFTUBWCPWÊTPVQSBWZEPCMÎ[LPTUJØUÎULVTÙEBKJ
/BUPNUPØUÎULVKFOVUOÊQPNPDÎOFTNB[BUFMOÊIP
êYV QǥFØLSUOPVU ÙEBKF UÝLBKÎDÎ TF QDzWPEOÎIP
UZQVQMZOV
5BUPOBTUBWFOÎTFNVTÎW[UBIPWBULUZQVQPVßJUÊIP
QMZOVQPEMFQPLZODzVWFEFOÝDIWUBCVMLÃDI0ETU
,0/530-",5&306+&5Ƥ&#"
1307­45101Ƥ&45"7#Ɔ/"+*/À
5:11-:/6
1PUÊ DP TF VKJTUÎUF ßF CZMB QǥFTUBWCB QSPWFEFOB
QPNPDÎUSZTFLPQSDzNLJSVQǥFEFQTBOÊNQSPQPVßJUÝ
UZQQMZOVBßFCZMBQSPWFEFOBLBMJCSBDFOBTUBOP
WFOÝUMBLKFUǥFCB[LPOUSPMPWBU
[EBOFEPDIÃ[ÎLWÝCVDIVQMBNFOFWFTQBMPWBDÎ
LPNPǥF
[EBOFOÎQMBNFOIPǥÃLVQǥÎMJØWZTPLÝOFCPOÎ[LÝ
B[EBKFTUBCJMOÎOFPEELJMVKFTFPEIPǥÃLV
[EB KTPV [LPVØFǁLZ UMBLV QPVßJUÊ QǥJ LBMJCSBDJ
EPLPOBMFV[BWǥFOZB[EBOFEPDIÃ[ÎLÙOJLDzN
QMZOV[PLSVIV
1P[OÃNLB7FØLFSÊPQFSBDFTQPKFOÊTFTFǥJ[PWÃOÎN
LPUMDz NVTÎ CÝU QSPWFEFOZ QPWLJǥFOÝN UFDIOJLFN
OBQǥ[FTFSWJTOÎIPPEELJMFOÎ*NNFSHBT
,BMJCSBDF
IPǥÃLVTFQSPWÃOÎSP[EÎMPWÝNNBOPNFUSFNUZQV
t6iOFCPEJHJUÃMOÎNNBOPNFUSFNQǥJQPKFOÝNL
UMBLPWÊ[ÃTVWDFǁ'JH
BLUMBLPWÊ[ÃTVWDF
WÝTUVQVQMZOPWÊIPWFOUJMVǁ0CS
QǥJǁFNß
KF UǥFCB TF ǥÎEJU IPEOPUBNJ UMBLV VWFEFOÝNJ W
UBCVMLÃDI 0ETU QSP UZQ QMZOV OB LUFSÝ KF
LPUFMQǥJ[QDzTPCFO
1Ƥ±1"%/¦3&(6-"$&1-:/07­)0
7&/5*-6
r 4FǥÎ[FOÎ KNFOPWJUÊIP UFQFMOÊIP WÝLPOV LPUMF
0CS
0UPǁUF WPMJǁFN UFQMPUZ UFQMÊ VßJULPWÊ WPEZ 0CS
EPQPMPIZNBYJNÃMOÎIPWÝLPOV
0UFWǥFUF LPIPVU UFQMÊ VßJULPWÊ WPEZ BCZTUF
[BCSÃOJMJ[ÃTBIVNPEVMBDF
/BNPTB[OÊNBUJDJ
OBTUBWUFKNFOPWJUÝWÝLPO
LPUMFQǥJǁFNßTFǥJDŽUFIPEOPUBNJNBYJNÃMOÎIP
UMBLVVWFEFOÝNJWUBCVMLÃDI0ETU
QPEMF
UZQVQMZOV
0UÃǁFOÎN WF TNLJSV IPEJOPWÝDI SVǁJǁFL TF
UFQFMOÝ WÝLPO [WFEÃ B PUÃǁFOÎN QSPUJ TNLJSV
IPEJOPWÝDISVǁJǁFLUFQFMOÝWÝLPOLMFTÃ
r 4FǥÎ[FOÎ NJOJNÃMOÎIP UFQFMOÊIP WÝLPOV LPUMF
0CS
&4
1-
$;
(JSÃOEPMBFOTFOUJEPIPSBSJPMBQPUFODJBUÊSNJDB
BVNFOUBFOTFOUJEPBOUJIPSBSJPTFSFEVDF
/#EBMT[FD[ZOOPǧDJXZLPOZXBǀKFEZOJFQPQS[
FQSPXBE[FOJVLBMJCSBDKJDJǧOJFOJBOPNJOBMOFHP
1P[OÃNLB , UPNVUP LSPLV QǥJTUVQUF Bß QP
EPLPOǁFOÎLBMJCSBDFKNFOPWJUÊIPUMBLV
r 3FHVMBDJÓOEFMBQPUFODJBUÊSNJDBNÎOJNBEFMB
DBMEFSB'JH
3FHVMBDKJNJOJNBMOFKNPDZEPLPOVKFTJNjQPQS[F[
QMBTUJLPXƾ ǧSVCNj LS[ZǻPXƾ VNJFT[D[POƾ OB
[BXPS[F HB[V J VUS[ZNVKƾDƾ CMPLBENj OBLSNjULJ
NPTJNjǻOFK
XZKƾǀDFXLNjNPEVMBDZKOƾ[[BTJMBOJBXZTUBSD[Z
PEƾD[Zǀ QPEƾD[FOJF
QS[Z PCSPDJF ǧSVCZ X
LJFSVOLV [HPEOZN [ SVDIFN XTLB[ÓXFL
[FHBSB DJǧOJFOJF X[SBTUB X LJFSVOLV QS[FDJ
XOZN NBMFKF 1P [BLPǝD[FOJV LBMJCSBDKJ
OBMFǻZQPOPXOJFQPEƾD[ZǀDFXLNjNPEVMVKƾDƾ
8BSUPǧǀ DJǧOJFOJB NJOJNBMOFK NPDZ LPUB OJF
NPǻFCZǀOJǻT[BPEXBSUPǧDJQPEBOFKXUBCFMBDI
SP[E[
[HPEOJF[UZQFNHB[V
.JOJNÃMOÎ UFQFMOÝ WÝLPO OBTUBWÎUF QPNPDÎ
VNLJMPINPUOÊIPLǥÎßPWÊIPØSPVCV
VNÎTULJOÊIP
OBQMZOPWÊNWFOUJMVQǥJǁFNßQǥJESßÎUFNPTB[OPV
NBUJDJ
1ǥFSVØUFOBQÃKFOÎNPEVMBǁOÎDÎWLZTUBǁÎPEQPKJU
GBTUPO
PUÃǁFOÎNØSPVCVWFTNLJSVIPEJOPWÝDI
SVǁJǁFL TF UMBL [WZØVKF B KFIP PUÃǁFOÎN W
PQBǁOÊNTNLJSVTFUMBLTOJßVKF1PEPLPOǁFOÎ
LBMJCSBDF PCOPWUF OBQÃKFOÎ NPEVMBǁOÎ DÎWLZ
5MBLOBLUFSÝTFOBTUBWÎNJOJNÃMOÎWÝLPOLPMUF
OFTNÎ CÝU OJßØÎ OFß KTPV IPEOPUZ VWFEFOÊ W
UBCVMDF0ETU
QPEMFUZQVQMZOV
*NQPSUBOUFSFBMJ[BSMBTÓMPEFTQVÊTEFIBCFSDBMJ
CSBEPMBQSFTJÓOOPNJOBM
-B SFHVMBDJÓO EF MB QPUFODJB UÊSNJDB NÎOJNB TF
SFBMJ[BHJSBOEPFMUPSOJMMPEFQMÃTUJDPEFFTUSFMMB
TJUVBEPFOMBWÃMWVMBEFHBTNBOUFOJFOEPCMPRVFB
EBMBUVFSDBEFMBUÓO
DPSUBSMBBMJNFOUBDJÓOBMBCPCJOBEFNPEVMB
DJÓOCBTUBEFTDPOFDUBSVOGBTUPO
HJSBOEPFM
UPSOJMMPFOTFOUJEPIPSBSJPMBQSFTJÓOBVNFOUB
FOTFOUJEPBOUJIPSBSJPTFSFEVDF'JOBMJ[BEPFM
DBMJCSBEPWPMWFSBDPOFDUBSMBBMJNFOUBDJÓOBMB
CPCJOBEFNPEVMBDJÓO-BQSFTJÓOBMBRVFTF
EFCFSFHVMBSMBQPUFODJBNÎOJNBEFMBDBMEFSB
OPEFCFTFSJOGFSJPSBMBJOEJDBEBFOMBTUBCMBT
"QEP
EFQFOEJFOEPEFMUJQPEFHBT
*NQPSUBOUF QBSB FGFDUVBS SFHVMBDJPOFT FO MB
WÃMWVMBEFHBTFTOFDFTBSJPSFUJSBSMBDBQFSV[BEF
QMÃTUJDP
BMêOBMJ[BSMBTSFHVMBDJPOFTWPMWFSB
DPMPDBSMBDBQFSV[B
130(3"."$*¶/%&-"5"3+&5"
&-&$53¶/*$"
-BDBMEFSB&PMP4VQFSJPSL81MVTFTUÃQSFQBSBEB
QBSBQSPHSBNBSBMHVOPTQBSÃNFUSPTEFGVODJPOB
NJFOUP .PEJêDBOEP FTUPT QBSÃNFUSPT TFHÙO MBT
TJHVJFOUFTFYQMJDBDJPOFTTFSÃQPTJCMFBEBQUBSMBDBMEFSB
BSFRVFSJNJFOUPTFTQFDÎêDPT
1VMTBOEP FM CPUÓO i%u FT QPTJCMF BDDFEFS BM
NFOÙ QSJODJQBM RVF FTUÃ EJWJEJEP FO USFT QBSUFT
QSJODJQBMFT
*OGPSNBDJÓO i*/'03.";u 7FS DBQÎUVMP
i6TVBSJPu
QFSTPOBMJ[BDJPOFTi1&340/"-u7FSDBQÎUVMP
i6TVBSJPu
DPOêHVSBDJPOFTi$0/'*(63uNFOÙSFTFSWB
EPBMUÊDOJDPDPOBDDFTPQSPUFHJEPQPSDÓEJHP
1BSBBDDFEFSBMBQSPHSBNBDJÓOQVMTBSFMCPUÓOi%u
HJSBSTFMFDUPSEFUFNQFSBUVSBDBMFGBDDJÓO
QBSB
EFTQMB[BSTFQPSFMNFOÙIBTUBMMFHBSBMBTFDDJÓO
i$0/'*(63u QVMTBS FM CPUÓO i%u JOUSPEVDJS
FM DÓEJHP EF BDDFTP Z DPOêHVSBS MPT QBSÃNFUSPT
TFHÙODPOWFOHB
" DPOUJOVBDJÓO TF FOVNFSBO MBT TFDDJPOFT EFM
NFOÙ i$0/'*(63u JOEJDBOEP MPT QBSÃNFUSPT
QPSEFGFDUPZMBTQPTJCMFTPQDJPOFT
1BSBEFTQMB[BSTFQPSFMNFOÙHJSBSFMTFMFDUPSEF
UFNQFSBUVSBDBMFGBDDJÓO
ZQVMTBOEPFMCPUÓO
i%uTFBDDFEFSÃBMPTEJTUJOUPTOJWFMFTEFMPTNF
OÙTZTFQPESÃODPOêSNBSMBTDPOêHVSBDJPOFTEF
QBSÃNFUSPT 1VMTBOEP FM CPUÓO i$u TF SFUSPDFEF
VOOJWFM
/#BCZEPLPOBǀSFHVMBDKJ[BXPSÓXHB[VOBMFǻZ
[EKƾǀ QMBTUJLPXƾ OBTBELNj QP [BLPǝD[FOJV
D[ZOOPǧDJ QPOPXOJF [BNPOUPXBǀ OBTBELNj PSB[
ǧSVCNj
1P[OÃNLB QǥJ TFǥJ[PWÃOÎ QMZOPWÊIP WFOUJMV KF
UǥFCB TFKNPVU VNLJMPINPUOPV ǁFQJǁLV B QP
EPLPOǁFOÎTFǥJ[PWÃOÎǁFQJǁLV[OPWVOBTBEJU[QLJU
OBQDzWPEOÎNÎTUP
130(3".08"/*&,"35:&-&,њ
530/*$;/&+
,PDJP &PMP 4VQFSJPS L8 1MVT KFTU QS[ZTUPTP
XBOZEPFXFOUVBMOFHPQSPHSBNPXBOJBOJFLUÓSZDI
QBSBNFUSÓX.PEZêLVKƾDQPXZǻT[FQBSBNFUSZCNjE[JF
NPǻOBEPTUPTPXBǀLPDJPEPXBTOZDIXZNBHBǝ
130(3".07¦/±&-&,530/*$,­
,"35:
,PUFM ;FVT 4VQFSJPS L8 1MVT KF V[QDzTPCFO L
QǥÎQBEOÊNV QSPHSBNPWÃOÎ OLJLUFSÝDI QSPWP[OÎDI
QBSBNFUSDz ¼QSBWPV ULJDIUP QBSBNFUSDz QPEMF OÎßF
VWFEFOÝDIQPLZODzCVEFNPßOÊVQSBWJULPUFMQPEMF
WMBTUOÎDITQFDJêDLÝDIQPUǥFC
/BDJTLBKƾDQS[ZDJTLi%uNPǻOB
V[ZTLBǀ EPTUNjQ EP QPE[JFMPOFHP OB US[Z D[NjǧDJ
NFOÜ
* O G P S N B D K F i * / ' 0 3 . " $ u Q B U S [
SP[E[JBt6ǻZULPXOJLu
4UJTLFN UMBǁÎULB t%i KF NPßOÊ WTUPVQJU EP NFOV
SP[ELJMFOÊIPEPUǥÎ[ÃLMBEOÎDIǁÃTUÎ
*OGPSNBDF i*/'03.";u 7J[ LBQJUPMB
i6ßJWBUFMu
JOEZXJEVBMOF VTUBXJFOJB i*/%:8*%645u
QBUS[SP[E[JBt6ǻZULPXOJLu
LPOêHVSBDKFi,0/'*(63uNFOÜ[BTUS[FǻPOFEMB
UFDIOJLB J EPTUNjQOF UZMLP QP XQJTBOJV
LPEVEPTUNjQPXFHP
"CZ V[ZTLBǀ EPTUNjQ EP QSPHSBNPXBOJB
OBDJTOƾǀQS[ZDJTL i%u PCSÓDJǀ QS[FƾD[OJL UFN
QFSBUVSZPHS[FXBOJB
JQPSVT[BǀTJNjQPPQDKBDI
NFOÜ Bǻ EP QP[ZDKJ i,0/'*(63u OBDJTOƾǀ
QS[ZDJTLi%uXQJTBǀLPEEPTUNjQVJVTUBXJǀQBSBN
FUSZXFEVHXBTOZDIQPUS[FC
1POJǻFKTƾQPEBOFPQDKFNFOÜi,0/'*(63uXSB[[
QBSBNFUSBNJGBCSZD[OZNJJNPǻMJXZNJPQDKBNJ
0CSBDBKƾD QS[FƾD[OJL UFNQFSBUVSZPHS[FXBOJB
VǻZULPXOJL QPSVT[B TJNj QP PQDKBDI NFOÜ
OBDJTLBKƾD QS[ZDJTL i%u V[ZTLVKF TJNj EPTUNjQ EP
SÓǻOZDIQP[JPNÓXNFOÜJQPUXJFSE[BTJNj[B[OBD
[POF QBSBNFUSZ/BDJTLBKƾD QS[ZDJTL i$u XSBDB
TJNjEPUZVPKFEFOQP[JPN
1JFSXT[B QPKBXJBKƾDB TJNj XFXOƾUS[ QBSBNFUSV
PQDKBKFTUPQDKƾVTUBXJPOƾGBCSZD[OJF
-BQSJNFSBPQDJÓORVFBQBSFDFQBSBVOQBSÃNFUSP
FTMBTFMFDDJPOBEBQPSEFGFDUP
Stránka 50 z 62
VßJWBUFMTLÃOBTUBWFOÎi1&340/"-u7J[LBQJ
UPMBi6ßJWBUFMu
,POGJHVSBDF i$0/'*(63u NFOV VSǁFOÊ
UFDIOJLPWJ LUFSÝ QSP WTUVQ EP OLJK QPUǥFCVKF
QǥÎTUVQPWÝLÓE
1SP WTUVQ EP QSPHSBNPWÃOÎ TUJTLOLJUF UMBǁÎULP
t%i PUÃǁFOÎN WPMJǁF UFQMPUZ WZUÃQLJOÎ MJTUVKUF
QPMPßLBNJ NFOV Bß L QPMPßDF t$0/'*(63i
TUJTLOLJUF UMBǁÎULP t%i [BEFKUF QǥÎTUVQPWÝ LÓE B
OBTUBWUFQBSBNFUSZQPEMFWMBTUOÎDIQPUǥFC
/ÎßFKTPVVWFEFOZQPMPßLZNFOVi$0/'*(63u
T JNQMJDJUOÎNJ QBSBNFUSZ B WØFNJ NPßOÝNJ
WPMCBNJ
0UÃǁFOÎN WPMJǁF UFQMPUZ WZUÃQLJOÎ TF MJTUVKF
QPMPßLBNJNFOVTUJTLFNUMBǁÎULBt%iTFWTUVQVKF
EP SDz[OÝDI ÙSPWOÎ NFOV B QPUWS[VKÎ TF WÝCLJSZ
QBSBNFUSDz4UJTLFNUMBǁÎULBt$iKFNPßOÊTFWSÃUJU
[QLJUPKFEOVÙSPWFǞ
1SWOÎQPMPßLBSDz[OÝDIWPMFCLUFSÃTFPCKFWÎVWOJUǥ
QBSBNFUSVKFQPMPßLBJNQMJDJUOÎ
$;
.FOV$0/'*(63";*0/*,0/'*(63"$&
KFOVUOÊ[BEBUQǥÎTUVQPWÝLÓE
žÙSPWFǞ
ž-JWFMMP
.PßOPTUJ
)0%/
305
1PQJT
;PCSB[VKFIPEOPUVTJHOÃMVPCLJßOÊIPLPMBTOÎNBOPVFMFLUSJDLPVLBSUPV
*NQMJDJUOÎ
IPEOPUB
)PEOPUB
OBTUBWFOÃ
UFDIOJLFN
5PWÃSOÎ
/BTUBWÎSFGFSFOǁOÎIPEOPUVWFOUJMÃUPSVQǥJKFIPCLJßOÊNQSPWP[VOBTUBWJUFMOÊ OBTUBWFOÎQǥJ
PE1BEP1B
LPMBVEBDJ
/"453&'
7À,,8
7À,,8 6EÃWÃWÝLPOLPUMFOBLUFSÝKFOBTUBWFOBFMFLUSPOJDLÃLBSUB
7À,,8
7À,0/
4IPEOÃT
WÝLPOFN
LPUMF
4IPEOÃT
WÝLPOFN
LPUMF
6Â*/5$ ;PCSB[VKFUFQMPUVOBNLJǥFOPVTPVOEPVOBPIǥÎWBǁJ
6Â*/5$ /FWZVßJUP
56Â*5,
;PCSB[VKFUFQMPUVOBWÝUMBLVQSPWZUÃQLJOÎOBLUFSÊLPUFMQSBDVKFWZQPǁÎUBOPV
[BLUJWOÎDILPOUSPMOÎDIQSWLDzWUFSNPSFHVMBǁOÎNTZTUÊNV
7:5,05
.&5"/
5:11-:/6
5&,1301
(
1"3,05-
,PUFMQSBDVKFOB.FUBO
,PUFMQSBDVKFOBLBQBMOÝQSPQBO
4IPEOÝT
QPVßJUÝN
UZQFNQMZOV
,PUFMQSBDVKFOBQMZO(
."96Â*5,
œ
/BTUBWÎNBYJNÃMOÎWÝLPOQǥJPIǥFWVVßJULPWÊWPEZIPEOPUBOBTUBWFOÎPE
EP
."97:5¦1
œ
/BTUBWÎNBYJNÃMOÎWÝLPOQǥJQPLPKPWÊNWZUÃQLJOÎ
.*/6Â*5,
œ
/BTUBWÎNJOJNÃMOÎWÝLPOQǥJPIǥFWVVßJULPWÊWPEZ
.*/7:5¦1
œ
/BTUBWÎNJOJNÃMOÎWÝLPOQǥJQPLPKPWÊNWZUÃQLJOÎ
#F[WFOLPWOÎTPOEZWPMJUFMOLJ
VSǁVKFNJOJNÃMOÎUFQMPUVOBWÝTUVQV
7QǥÎQBELJßFKFLPUFMWZCBWFOWFOLPWOÎTPOEPVVSǁVKFNJOJNÃMOÎUFQMPUVOB
WÝTUVQVLUFSÃPEQPWÎEÃQSPWP[VQǥJNBYJNÃMOÎWFOLPWOÎUFQMPUÊWJ[PCSÃ[FL
/"45.*/ OBTUBWJUFMOÃPEž$EPž$
1P[OÃNLBBCZCZMPNPßOÊQPLSBǁPWBUKFOVUOÊQBSBNFUSQPUWSEJUTUJTLOPVU
i%uOFCPPQVTUJUSFHVMBDJi5&3.03&(uTUJTLFNi$u
#F[WFOLPWOÎTPOEZWPMJUFMOLJ
VSǁVKFNBYJNÃMOÎUFQMPUVOBWÝTUVQV7
QǥÎQBELJßFKFLPUFMWZCBWFOWFOLPWOÎTPOEPVVSǁVKFNBYJNÃMOÎUFQMPUVOB
WÝTUVQVLUFSÃPEQPWÎEÃQSPWP[VQǥJNJOJNÃMOÎWFOLPWOÎUFQMPUÊWJ[PCSÃ[FL
/"45."9 OBTUBWJUFMOÃPEž$EPž$
1P[OÃNLBBCZCZMPNPßOÊQPLSBǁPWBUKFOVUOÊQBSBNFUSQPUWSEJUTUJTLOPVU
5&3.03&(
i%uOFCPPQVTUJUSFHVMBDJi5&3.03&(uTUJTLFNi$u
7QǥÎQBELJßFKFLPUFMWZCBWFOWFOLPWOÎTPOEPVVSǁVKFOBKBLÊNJOJNÃMOÎ
WFOLPWOÎUFQMPULJNÃLPUFMQSBDPWBUQǥJNBYJNÃMOÎUFQMPULJWÝUMBLVWJ[PCSÃ[FL
.*/7&/, %
OBTUBWJUFMOÃPEž$EPž$
1P[OÃNLBBCZCZMPNPßOÊQPLSBǁPWBUKFOVUOÊQBSBNFUSQPUWSEJUTUJTLOPVU
i%uOFCPPQVTUJUSFHVMBDJi5&3.03&(uTUJTLFNi$u
7QǥÎQBELJßFKFLPUFMWZCBWFOWFOLPWOÎTPOEPVVSǁVKFOBKBLÊNBYJNÃMOÎ
WFOLPWOÎUFQMPULJNÃLPUFMQSBDPWBUQǥJNJOJNÃMOÎUFQMPULJWÝUMBLVWJ[PCSÃ[FL
."97&/, %
OBTUBWJUFMOÃPEž$EPž$
1P[OÃNLBBCZCZMPNPßOÊQPLSBǁPWBUKFOVUOÊQBSBNFUSQPUWSEJUTUJTLOPVU
i%uOFCPPQVTUJUSFHVMBDJi5&3.03&(uTUJTLFNi$u
Stránka 51 z 62
ž$
ž$
ž$
ž$
$;
žÙSPWFǞ
žÙSPWFǞ
3&Â*.
ƀ&31
.PßOPTUJ
/&1Ƥ&53Â
7[JNOÎNSFßJNVKFPCLJIPWÊǁFSQBEMPTUÃMFOBQÃKFOPBUFEZTUÃMFWQSPWP[V
1Ƥ&36»07
7[JNOÎNSFßJNVKFPCLJIPWÊǁFSQBEMPǥÎ[FOPQPLPKPWÝNUFSNPTUBUFNOFCP
EÃMLPWÝNPWMBEBǁFN
7[JNOÎNSFßJNVKFPCLJIPWÊǁFSQBEMPǥÎ[FOPQPLPKPWÝNUFSNPTUBUFNOFCP
EÃMLPWÝNPWMBEBǁFNBWÝUMBLPWPVTPOEPVLPUMF
,PUFMKFOBTUBWFOUBLBCZTF[BQÃMJMJIOFEQPWZTMÃOÎQPßBEBWLVOBWZUÃQLJOÎ
NÎTUOPTUJ7QǥÎQBELJ[WMÃØUOÎDI[BǥÎ[FOÎOBQǥ[ÓOPWÝDI[BǥÎ[FOÎTNP
UPSJ[PWBOÝNJWFOUJMZBQPE
NDzßFCÝUQPUǥFCB[BQÃMFOÎ[QP[EJU
,PUFMKFWZCBWFOFMFLUSPOJDLÝNǁBTPWBǁFNLUFSÝ[BCSBǞVKFǁBTUÊNV[B
QBMPWÃOÎIPǥÃLVWFGÃ[JWZUÃQLJOÎ
,PUFMPQÎØFUPQOPVLǥJWLVLEZTF[NJOJNÃMOÎIPWÝLPOVEPTUBOFOBKNFOP
WJUÝUPQOÝWÝLPO
,[BQOVUÎLPUMF[BÙǁFMFNPIǥFWVVßJULPWÊWPEZEPKEFLEZßUFQMPUBWPEZW
PIǥÎWBǁJLMFTOFPž$W[IMFEFNLOBTUBWFOÊUFQMPULJ
,[BQOVUÎLPUMF[BÙǁFMFNPIǥFWVVßJULPWÊWPEZEPKEFLEZßUFQMPUBWPEZW
PIǥÎWBǁJLMFTOFPž$W[IMFEFNLOBTUBWFOÊUFQMPULJ
&,0
/0.*$,À
ƀ"407"ƀ
35
TœT
ƀ"47:5
TœT
,Ƥ*7,"
7:5
TœT
7:16Â*5,
3&(1035
7:1
ž$
7:1
ž$
"650
05&7Ƥ&/0
MI
5BUPGVOLDFKFJSFMFWBOUOÎQSPTQSÃWOPVGVOLDJUPIPUPNPEFMVLPUMF
MI
MI
7:1
)-"7
3&-&
WPMJUFMOLJ
1"3,05-
1PQJT
1Ƥ&36»07
TFLVOE
TFLVOE
TFLVOE
NJOVU
7:1
"650
3FMÊOFOÎWZVßJUP
6TZTUÊNVSP[ELJMFOÊIPEP[ÓOSFMÊǥÎEÎIMBWOÎ[ÓOV
3FMÊTJHOBMJ[VKF[ÃTBICMPLVWLPUMJQPVßJUFMOÊTFYUFSOÎNTJHOBMJ[ÃUPSFN
LUFSÝOFOÎTPVǁÃTUÎEPEÃWLZ
3FMÊTJHOBMJ[VKFßFKFLPUFM[BQOVUÝ
7:5;"1 QPVßJUFMOÊTFYUFSOÎNTJHOBMJ[ÃUPSFNLUFSÝOFOÎTPVǁÃTUÎEPEÃWLZ
7&/, ƤÎEÎPUWÎSÃOÎWFOLPWOÎIPQMZOPWÊIPWFOUJMVWTPVMBEVTQPßBEBWLFNOB[BQÃMFOÎ
1-:/7&/5 IPǥÃLVWLPUMJ
"-"3.
7:1
*NQMJDJUOÎ
IPEOPUB
)-"7
3FMÊOFOÎWZVßJUP
3FMÊBLUJWVKFFMFLUSPWFOUJMW[EÃMFOÊIPQMOLJOÎWPMJUFMOLJ
1ǥÎLB[KFWZTÎMÃO[
EÃMLPWÊIPPWMÃEÃOÎ
"-"3. 3FMÊTJHOBMJ[VKF[ÃTBICMPLVWLPUMJQPVßJUFMOÊTFYUFSOÎNTJHOBMJ[ÃUPSFN
LUFSÝOFOÎTPVǁÃTUÎEPEÃWLZ
7:5;"1 3FMÊTJHOBMJ[VKFßFKFLPUFM[BQOVUÝ
QPVßJUFMOÊTFYUFSOÎNTJHOBMJ[ÃUPSFNLUFSÝOFOÎTPVǁÃTUÎEPEÃWLZ
7&/, ƤÎEÎPUWÎSÃOÎWFOLPWOÎIPQMZOPWÊIPWFOUJMVWTPVMBEVTQPßBEBWLFNOB[BQÃMFOÎ
1-:/7&/5 IPǥÃLVWLPUMJ
4&,6/%¦3 6TZTUÊNVSP[ELJMFOÊIPEP[ÓOSFMÊǥÎEÎESVIPUOPV[ÓOV
1-/
3&-&
WPMJUFMOLJ
7:1
7:1
3FMÊOFOÎWZVßJUP
0#Ɔ)07 ƤÎEÎPCLJIPWÊǁFSQBEMPPIǥÎWBǁF
ƀ&31
3&-&
"-"3. 3FMÊTJHOBMJ[VKF[ÃTBICMPLVWLPUMJQPVßJUFMOÊTFYUFSOÎNTJHOBMJ[ÃUPSFN
WPMJUFMOLJ
LUFSÝOFOÎTPVǁÃTUÎEPEÃWLZ
7:5;"1 3FMÊTJHOBMJ[VKFßFKFLPUFM[BQOVUÝ
QPVßJUFMOÊTFYUFSOÎNTJHOBMJ[ÃUPSFNLUFSÝOFOÎTPVǁÃTUÎEPEÃWLZ
7&/, ƤÎEÎPUWÎSÃOÎWFOLPWOÎIPQMZOPWÊIPWFOUJMVWTPVMBEVTQPßBEBWLFNOB[BQÃMFOÎ
1-:/7&/5 IPǥÃLVWLPUMJ
¼137&/
ž$œ
7QǥÎQBELJTOÎNÃOÎWFOLPWOÎTPOEZOFOÎTQSÃWOLJKFNPßOÊIPVQSBWJUBCZTF
40/%:
ž$
LPNQFO[PWBMZQǥÎQBEOÊGBLUPSZPLPMOÎIPQSPTUǥFEÎ
Stránka 52 z 62
7:1
ž$
)PEOPUB
OBTUBWFOÃ
UFDIOJLFN
&4
1-
$;
'6/$*¶/&/$&/%*%0-&/50"6њ
50.¦5*$0$0/46.*/*45305*10
3".1"5&.103*;"%"
&OGBTFEFFODFOEJEPMBUBSKFUBFMFDUSÓOJDBEFTDSJCF
VOB SBNQB DSFDJFOUF EF TVNJOJTUSP EF HBT DPO
WBMPSFTEFQSFTJÓORVFEFQFOEFOEFMUJQPEFHBT
EFEVSBDJÓOQSFFTUBCMFDJEB%FFTUBGPSNBOPTPO
OFDFTBSJPTDBMJCSBEPTOJQVFTUBTBQVOUPEFMBGBTF
EFFODFOEJEPEFMBDBMEFSBQBSBMBTEJTUJOUBTDPO
EJDJPOFTEFGVODJPOBNJFOUP
'6/,$+"80-/&(0;"ŠŽ$;"/*"
"650."5:$;/&(0;
3&(6-08"/:.$;"4080
8;3045&.
1PED[BT[BƾD[BOJBLBSUBFMFLUSPOJD[OBTUPQOJPXP
XZE[JFMB HB[ [ XBSUPǧDJƾ DJǧOJFOJB [BMFǻƾDƾ
PE SPE[BKV HB[V
X PLSFǧMPOZN PLSFTJF D[BTV
6OJLB UP LPOJFD[OPǧDJ XZLPOZXBOJB LBMJCSBDKJ
MVC SFHVMPXBOJB GB[Z [BƾD[BOJB LPUB X LBǻEZDI
XBSVOLBDIVǻZULPXBOJB
'6/,$&10."-­)0
"650."5*$,­)0;"1¦-&/±4
ƀ"407"/06,Ƥ*7,06
&MFLUSPOJDLÃLBSUBWFGÃ[J[BQÃMFOÎPQÎØFTUPVQBWPV
LǥJWLVWÝWJOVQMZOVTIPEOPUBNJUMBLV[ÃWJTMÝNJ
OBUZQV[WPMFOÊIPQMZOV
TQǥFEFNEFêOPWBOÝN
USWÃOÎN 5P [BCSÃOÎ KBLÊLPMJW PQFSBDJ TQPKFOÊ T
LBMJCSPWÃOÎN OFCP QǥÎQSBWPV WF GÃ[J [BQBMPWÃOÎ
LPUMF[BKBLÝDILPMJWQPENÎOFLVßJUÎ
'6/$*¶/i-*.1*"$)*.&/&"u
&TUB GVODJÓO TJ FTUÃ BDUJWBEB QPOF MB DBMEFSB
FO QPUFODJB NÃYJNB EF DBMFGBDDJÓO EVSBOUF NJOVUPT
&OFTUFFTUBEPFTUÃOEFTBDUJWBEBTUPEBTMBTSFHV
MBDJPOFT Z TÓMP QFSNBOFDF BDUJWP FM UFSNPTUBUP
EFTFHVSJEBEZFMUFSNPTUBUPMÎNJUF1BSBBDDJPOBS
MBGVODJÓOMJNQJBDIJNFOFBFTOFDFTBSJPQVMTBSFM
CPUÓO 3FTFU i$u EVSBOUF VO JOUFSWBMP EF B TFHVOEPTFOFMRVFOPEFCFOFYJTUJSSFRVFSJNJFOUPT
EFDBMFGBDDJÓOPEFBHVBTBOJUBSJBTVBDUJWBDJÓOFT
BEWFSUJEBQPSNFEJPEFMSFMBUJWPTÎNCPMPêH
&TUB GVODJÓO QFSNJUF RVF FM UÊDOJDP QVFEB
DPOUSPMBSMPTQBSÃNFUSPTEFDPNCVTUJÓO'JOBMJ[B
EPTMPTDPOUSPMFTEFTBDUJWBSMBGVODJÓOBQBHBOEP
ZWPMWJFOEPBFODFOEFSMBDBMEFSB
'6/,$+"0$;:4;$;"/*"u
5BGVOLDKBXZNVT[BQSBDNjLPUBOBNBLTZNBMOFK
NPDZ QPEHS[FXBOJB QS[F[ PLSFT NJOVU 8
UFK TZUVBDKJ XT[ZTULJF SFHVMBDKF Tƾ OJFBLUZXOF J
KFTU [BƾD[POZ UZMLP UFSNPTUBU CF[QJFD[FǝTUXB J
PHSBOJD[OJL "CZ VSVDIPNJǀ OJOJFKT[ƾ GVOLDKNj
OBMFǻZOBDJTOƾǀQS[ZDJTL3FTFUVt$uQS[F[PLSFTPE
EPTFLVOEXCSBLVQPMFDFǝQSPEVLDKJXPEZ
TBOJUBSOFK MVC QPEHS[FXBOJB BLUZXBDKB GVOLDKJ
KFTU TZHOBMJ[PXBOB QS[F[ KFEOPD[FTOF NJHPUBOJF
LPOUSPMLJ SZT 5F GVOLDKB VNPǻMJXJB
UFDIOJLPXJ TQSBXE[FOJF QBSBNFUSÓX TQBMBOJB
1P[BLPǝD[FOJVLPOUSPMJOBMFǻZXZƾD[ZǀGVOLDKNj
XZƾD[BKƾDJQPOPXOJF[BƾD[BKƾDLPDJP
'6/$*¶/"/5*#-026&0#0.#"
-B DBMEFSB EJTQPOF EF VOB GVODJÓO RVF QPOF FO
NBSDIB MB CPNCB BM NFOPT WF[ DBEB IPSBT
EVSBOUF TFHVOEPT SFEVDJFOEP BTÎ FM SJFTHP
EF RVF MB CPNCB TF CMPRVFF EFCJEP B VOB MBSHB
JOBDUJWJEBE
'6/$*¶/"/5*#-026&053&47±"4
5BOUP FO GVODJPOBNJFOUP iTBOJUBSJPu DPNP FO
iTBOJUBSJPDBMFGBDDJÓOu MB DBMEFSB EJTQPOF EF VOB
GVODJÓORVFUSBOTDVSSJEBTIPSBTEFTEFMBÙMUJNP
WF[RVFFTUVWPFOGVODJPOBNJFOUPFMHSVQPUSFTWÎBT
NPUPSJ[BEPMPBDUJWBDVNQMJFOEPVODJDMPDPNQMFUP
QBSBSFEVDJSFMSJFTHPEFCMPRVFPEFMBTUSFTWÎBTQPS
JOBDUJWJEBEQSPMPOHBEB
'6/$*¶/"/5*)*&-03"%*"%03&4
4JFMBHVBEFSFUPSOPEFMBJOTUBMBDJÓOEFDBMFGBDDJÓO
FTUÃBVOBUFNQFSBUVSBJOGFSJPSBž$MBDBMEFSBTF
QPOFFOGVODJPOBNJFOUPIBTUBBMDBO[BSž$
"650$0/530-1&3*¶%*$0%&-"
5"3+&5"&-&$53¶/*$"
%VSBOUFFMGVODJPOBNJFOUPFONPEPDBMFGBDDJÓOP
DPOMBDBMEFSBFOTUBOECZMBGVODJÓOTFBDUJWBBMBT
IPSBTEFMÙMUJNPDPOUSPMBMJNFOUBDJÓODBMEFSB
&OGVODJPOBNJFOUPFONPEPTBOJUBSJPFMBVUPDPO
USPMTFFGFDUÙBNJOVUPTEFTQVÊTEFêOBMJ[BSFM
TFSWJDJPFODVSTPZEVSBVOPTTFHVOEPT
*NQPSUBOUFEVSBOUFFMBVUPDPOUSPMMBDBMEFSBQFS
NBOFDFJOBDUJWBJOEJDBDJPOFTJODMVTJWF
'6/,$+";"10#*&("/*"
#-0,"%;*&10.1:
,PDJPKFTUXZQPTBǻPOZXGVOLDKNjLUÓSBVSVDIBNJB
QPNQNjDPOBKNOJFKSB[XDJƾHVHPE[JOQS[F[
PLSFT TFLVOE DFMFN [NOJFKT[FOJB SZ[ZLB
[BCMPLPXBOJB QPNQZ [ QPXPEV QS[FEVǻPOFHP
PLSFTVOJFD[ZOOPǧDJ
'6/,$+";"10#*&("/*"
#-0,"%;*&;&410Š6;"8036
53¶+%30(08&(0
;BSÓXOPXGB[JFtTBOJUBSOFKuKBLJQPEHS[FXBOJB
LPDJP KFTU XZQPTBǻPOZ X GVOLDKNj VBLUZXOJBKƾDƾ
[FTQӐ [BXPSV USÓKESPHPXFHP QP VQZXJF HPE[JO PE DIXJMJ PTUBUOJFHP [BƾD[FOJB X DFMV
XZLPOBOJB QFOFHP DZLMV J [NOJFKT[FOJB SZ[ZLB
CMPLBEZ[BXPSV[QPXPEVQS[FEVǻPOFHPPLSFTV
OJFD[ZOOPǧDJ
'6/,$+";"10#*&("+Ž$"
;"."3;"/*6
+FǻFMJUFNQFSBUVSBXPEZQPXSPUOFKJOTUBMBDKJPTJƾHB
XBSUPǧǀQPOJǻFKž$LPDJP[BƾD[BTJNjEPDIXJMJ
HEZXBSUPǧǀUFNQFSBUVSZEPKE[JFEPž$
0,3&408"4".0,0/530-"
,"35:&-&,530/*$;/&+
8 USBLDJF QSBDZ LPUB X USZCJF QPEHS[FXBOJB
MVC TUBOECZ GVOLDKB VBLUZXOJB TJNj DP HPE[JO QP PTUBUOJFK LPOUSPMJ[BTJMBOJV LPUB 8
QS[ZQBELVQSBDZLPUBXUSZCJFPCJFHVTBOJUBSOFHP
TBNPLPOUSPMB VSVDIBNJB TJNj EP NJOVU QP
[BLPǝD[FOJVQPCPSVOBPLSFTPLPPTFLVOE
/# X USBLDJF QS[FHMƾEV LPDJP XSB[ [
TZHOBMJ[BDKBNJKFTUOJFBLUZXOZ
Stránka 53 z 62
'6/,$&t,0.*/±,i
5BUP GVOLDF W QǥÎQBELJ BLUJWBDF QǥJNLJKF LPUFM L
NBYJNÃMOÎNVUPQOÊNVWÝLPOVOBEPCVNJOVU
7UPNUPTUBWVKTPVWZǥB[FOBWFØLFSÃOBTUBWFOÎB
BLUJWOÎ [DzTUÃWÃ QPV[F CF[QFǁOPTUOÎ UFSNPTUBU B
MJNJUOÎUFSNPTUBU1SPBLUJWBDJGVOLDFLPNJOÎLBKF
OVUOÊTUJTLOPVUUMBǁÎULP3FTFUt$iEPCVNF[JB
WUFǥJOBNJCF[QPßBEBWLVOBPIǥFWVßJULPWÊWPEZ
OFCPWZUÃQLJOÎBLUJWBDFUÊUPGVOLDFKFTJHOBMJ[PWÃOB
QǥÎTMVØOÝN TZNCPMFN PCS 5BUP GVOLDF
VNPßǞVKF UFDIOJLPWJ [LPOUSPMPWBU QBSBNFUSZ
TQBMPWÃOÎ1PEPLPOǁFOÎLPOUSPMZGVOLDJEFBLUJWVKUF
WZQOVUÎNBPQLJUOÝN[BQOVUÎNLPUMF
'6/,$&$)3¦/±$±1Ƥ&%
;"#-0,07¦/±.ƀ&31"%-"
,PUFM KF WZCBWFO GVOLDÎ LUFSÃ TQVTUÎ ǁFSQBEMP
BMFTQPǞ KFEOPV [B IPEJOZ OB TFLVOE BCZ
TF TOÎßJMP SJ[JLP [BCMPLPWÃOÎ W EDzTMFELV EMPVIÊ
OFǁJOOPTUJ
'6/,$&$)3¦/±$±1Ƥ&%
;"#-0,07¦/±.5Ƥ±$&45/­
+&%/05,:
,PUFMKFWZCBWFOGVOLDÎLUFSÃKBLWFGÃ[JPIǥFWV
VßJULPWÊWPEZUBLWFGÃ[ÎPIǥFWVBWZUÃQLJOÎQP
IPEJOÃDI PE QPTMFEOÎIP TQVØULJOÎ NPUPSJ[PWBOÊ
USPKDFTUOÊKFEOPULZWZLPOÃKFKÎLPNQMFUOÎQSBDPWOÎ
DZLMVT UBL BCZ TF TOÎßJMP SJ[JLP [BCMPLPWÃOÎ
USPKDFTUOÊKFEOPULZ[EDzWPEVEFMØÎOFǁJOOPTUJ
'6/,$&;"#3"Ɲ6+±$±;".3;/65±
501/À$)5Ɔ-&4
1PLVE Nà WSBUOà WPEB [BǥÎ[FOÎ UFQMPUV OJßØÎ OFß
ž$VWFEFTFLPUFMEPQSPWP[VOBEPCVOF[CZUOLJ
OVUOPVQSPEPTBßFOΞ$
"650."5*$,¦13"7*%&-/¦
,0/530-"&-&,530/*$,­,"35:
1ǥJQSPWP[VWSFßJNVWZUÃQLJOÎOFCPWQǥÎQBELJßF
KF LPUFM W QPIPUPWPTUOÎN SFßJNV TF UBUP GVOLDF
BLUJWVKFLBßEÝDIIPEJOPEQPTMFEOÎLPOUSPMZ
OBQÃKFOÎLPUMF7QǥÎQBELJQSPWP[VWSFßJNVPIǥFWV
VßJULPWÊ WPEZ TF BVUPNBUJDLÃ LPOUSPMB TQVTUÎ NJOVUQPVLPOǁFOÎQSPCÎIBKÎDÎIPPECLJSVOBEPCV
[ISVCBTFLVOE
1P[OÃNLB QǥJ BVUPNBUJDLÊ LPOUSPMF KF LPUFM
OFBLUJWOÎWǁFUOLJWØFDITJHOBMJ[BDÎ
&4
1-
$;
4*
)6
36
7ÃMWVMBEF("44*5'JH
5BSKFUBFMFDUSÓOJDB;FVT4VQFSJPSL8'JH
1MZOPWÝWFOUJM("44*50CS
&MFLUSPOJDLÃLBSUB;FVT4VQFSJPSL80CS
;BXÓS(";64*53ZT
,BSUBFMFLUSPOJD[OB;FVT4VQFSJPSL83ZT
1MJOTLJWFOUJM("44*54MJLB
&MFLUSPOTLB LBSUJDB ;FVT 4VQFSJPS L8 4MJLB
4*5(Ã[T[FMFQÃCSB
;FVT4VQFSJPSL8FMFLUSPOJLVTLÃSUZBÃCSB
4*5(Ã[T[FMFQÃCSB
͖ͶͰ͵ͽͻ͹͸͸ΆʹͫͶ͹͵;FVT4VQFSJPSL8́ͶͶ
'JH
'JH
3ZT
3ZT
0CS
0CS
TMJLB
TMJLB
ÃCSB
ÃCSB
́ͶͶ
́ͶͶ
-FZFOEB'JH
#PCJOB
5PSOJMMPEFSFHVMBDJÓOQPUFODJBNÎOJNB
5VFSDBEFSFHVMBDJÓOQPUFODJBNÃYJNB
5PNBEFQSFTJÓOTBMJEBWÃMWVMBEFHBT
5PNBEFQSFTJÓOFOUSBEBWÃMWVMBEFHBT
$BQFSV[BEFQSPUFDDJÓO
'VTJCMFMÎOFB"'
'VTJCMFOFVUSP"'
-FZFOEB3ZT
$FXLB
ƦSVCBSFHVMBDKJNJOJNBMOFKNPDZ
/BLSNjULBSFHVMBDZKOBNBLTZNBMOFKNPDZ
(OJB[ELPDJǧOJFOJBXZKǧDJB[BXPSVHB[V
(OJB[ELPDJǧOJFOJBXFKǧDJB[BXPSVHB[V
,BQUVSPDISPOOZ
#F[QJFD[OJLGB[Z"'
#F[QJFD[OJLPCPKNjUOZ"'
-FHFOEB0CS
$ÎWLB
»SPVCSFHVMBDFNJOJNÃMOÎIPWÝLPOV
.BUJDFSFHVMBDFNBYJNÃMOÎIPWÝLPOV
;ÃTVWLBWÝTUVQOÎIPUMBLVQMZOPWÊIP
WFOUJMV
;ÃTVWLBWTUVQOÎIPUMBLVQMZOPWÊIP
WFOUJMV
0DISBOOÝLMPCPVǁFL
1PKJTULBWFEFOÎ"'
/VMPWÃQPKJTULB"'
-FHFOEB4MJLB
5VMKBWB
7JKBL[BSFHVMJSBOKFNJOJNBMOF[NPHMKJWPTUJ
.BUJDB[BSFHVMJSBOKFNBLTJNBMOF[NP
HMKJWPTUJ
7UJǁOJDBJ[TUPQOFHBUMBLBQMJOTLFHBWFOUJMB
7UJǁOJDBWTUPQOFHBUMBLBQMJOTLFHBWFOUJMB
;BØǁJUOJQPLSPWǁFL
7BSPWBMLBOBQFMKBWF"'
/JǁFMOBWBSPWBMLB"'
+FMNBHZBSÃ[BU'JH
5FLFSDT
.BYJNÃMJTUFMKFTÎUNÊOZUT[BCÃMZP[Ó
$TBWBS
.BYJNÃMJTUFMKFTÎUNÊOZUT[BCÃMZP[ÓBOZB
(Ã[T[FMFQLJNFOFUJOZPNÃTNÊSǡQPOU
(Ã[T[FMFQCFNFOFUJOZPNÃTNÊSǡQPOU
7ÊEǡTBQLB
0MWBEÓCJ[UPTÎUÊLGÃ[JT"'
0MWBEÓCJ[UPTÎUÊLOVMMB"'
͇ͫ͹Ͳ͸ͪ΂Ͱ͸ͳΊ́ͶͶ
̓ͪͽ;΃͵ͪ
̹͹ͶͽͻͰͭ;Ͷͳͻ͹ͬͪ͸ͳΊͷͳ͸ͳͷͪͶ·͸͹ʹ
ͷ͹΄͸͹ͼͽͳ
̻ͪʹ͵ͪͻͰͭ;Ͷͳͻ͹ͬͪ͸ͳΊͷͪ͵ͼͳͷͪͶ·͸͹ʹ
ͷ͹΄͸͹ͼͽͳ
͋͹΂͵ͪͲͪͷͰͻͪͯͪͬͶͰ͸ͳΊ͸ͪͬΆ΀͹ͯͰ
ͭͪͲ͹ͬ͹ͭ͹͵Ͷͪͺͪ͸ͪ
͋͹΂͵ͪͲͪͷͰͻͪͯͪͬͶͰ͸ͳΊ͸ͪͬ΀͹ͯͰ
ͭͪͲ͹ͬ͹ͭ͹͵Ͷͪͺͪ͸ͪ
̀ͪ΄ͳͽ͸ͪΊͲͪͭͶ;΃͵ͪ
̈́ͳ͸Ͱʹ͸ΆʹͺͻͰͯ͹΀ͻͪ͸ͳͰͽͰͶ·"'
͆ͰʹͽͻͪͶ·͸ΆʹͺͻͰͯ͹΀ͻͪ͸ͳͽͰͶ·"'
Stránka 54 z 62
&4
1-
$;
4*
)6
36
'JH
3ZT
0CS
TMJLB
ÃCSB
́ͶͶ
Stránka 55 z 62
&4
1-
$;
%&4.0/5"+&%&-"$"3$"4"
1BSB GBDJMJUBS FM NBOUFOJNJFOUP EF MB DBMEFSB
FT QPTJCMF EFTNPOUBS MB DBSDBTB TJHVJFOEP FTUBT
TFODJMMBTJOTUSVDDJPOFT'JH
%FTNPOUBSMBSFKJMMBJOGFSJPS
EFTFOSPTDBOEP
MPTDPSSFTQPOEJFOUFTUPSOJMMPTEFêKBDJÓO
%&.0/5"ƺ0#6%08:
8 DFMV VBUXJFOJB LPOTFSXBDKJ NPǻMJXZ KFTU
EFNPOUBǻPCVEPXZ8UZNDFMVOBMFǻZXZLPOBǀ
OBTUNjQVKƾDFJOTUSVLDKF3ZT
;EFNPOUPXBǀEPMOƾLSBUPXOJDNj
PELSNjDBKƾD
TUPTPXOFǧSVCZNPDVKƾDF
%&.0/5¦Â1-¦»5Ɔ
1SPVTOBEOLJOÎÙESßCZLPUMFKFNPßOÊ[DFMBEFNPO
UPWBUKFIPQMÃØǬQPEMFOÃTMFEVKÎDÎDIKFEOPEVDIÝDI
QPLZODz0CS
%FNPOUVKUF TQPEOÎ SPØU PEØSPVCPWÃOÎN
QǥÎTMVØOÝDIVQÎOBDÎDIØSPVCDz
"CSJSMBUBQBEFMQBOFM
RVJUBSMPTUBQPOFT
CMBODPT DVCSFUPSOJMMPT Z EFTFOSPTDBS MPT UPSOJMMPTEFêKBDJÓO
FOUPODFTHJSBSFMQBOFM
IBDJBVOPNJTNP
0UXPS[Zǀ QPLSZXNj EFTLJ SP[E[JFMD[FK [EKƾǀCJBF[BǧMFQLJQS[ZLSZXBKƾDFǧSVCZ
J
PELSNjDJǀǧSVCZNPDVKƾDF
MFLLPIVǧUBKƾD
XZDJƾHOƾǀEFTLNjXTXPJNLJFSVOLV
0UFWǥFUFEWÎǥLBQǥÎTUSPKPWÊEFTLZ
TFKNLJUF
CÎMÊØSPVCPWÊLSZULZ
BPEØSPVCVKUFVQÎOBDÎ
ØSPVCZ QPUPN WZLMPQUF EWÎǥLB TNLJSFN L
TPCLJ
%FTFOSPTDBS MPT UPSOJMMPT EF êKBDJÓO EF
MBQBSUFGSPOUBMEFMBDBSDBTB
ZEFTFODBKBSMB
FNQVKÃOEPMBIBDJBBSSJCB
0ELSNjDJǀ ǧSVCZ NPDVKƾDF QS[ÓE PCV
EPXZ
JXZKƾǀDJƾHOƾDXHÓSNj
0EØSPVCVKUFVQÎOBDÎØSPVCZ
ǁFMBQMÃØULJ
BWZIÃLOLJUFIPQPUMBǁFOÎNTNLJSFNOBIPSV
0ELSNjDJǀǧSVCZ
[OBKEVKƾDFTJNjXEPMOFKD[NjǧDJ
PCVEPXZPELSNjDJǀǧSVCZ
CPLÓXPCVEPXZ
JXZKƾǀKF[[BD[FQÓX
[OBKEVKƾDZDITJNj
[UZVCPD[OFKPCVEPXZ
0EØSPVCVKUFØSPVCZ
WFTQPEOÎǁÃTUJQMÃØULJ
PEØSPVCVKUFØSPVCZ
OBEWPVCPDÎDIQMÃØULJ
BWZIÃLOLJUFKF[PǁOJD
OB[BEOÎTUSBOLJ
CPLDzQMÃØULJ
$030$;/:13;&(-Ž%*,0/530-"
63;Ž%;&/*"
/BTUNjQVKƾDFQS[FHMƾEZJQSBDFLPOTFSXBDZKOFQPX
JOOZCZǀXZLPOZXBOFDPOBKNOJFKSB[XSPLV
$[ZT[D[FOJFXZNJFOOJLBDJFQB
30ƀ/±,0/530-""¼%3Â#"
1Ƥ±4530+&
/FKNÊOLJKFEOPVSPǁOLJKFUǥFCBQSPWÊTUOÃTMFEVKÎDÎ
LPOUSPMOÎBÙESßCPWÊLSPLZ
7ZǁJTUJUCPǁOÎWÝNLJOÎLTQBMJO
$[ZT[D[FOJFQBMOJLBHÓXOFHP
7ZǁJTUJUIMBWOÎIPǥÃL
0HMNjE[JOZ VS[ƾE[FOJB [BQPCJFHBKƾDFHP DPGB
OJV DJƾHV PSB[ XOJLBOJV XJBUSV QPE LƾUFN
VT[LPE[FǝMVCLPSP[KJ
;SBLFN PWLJǥJU [EB OFOÎ EJHFTUPǥ TQBMJO
QPØLP[FOÃOFCP[LPSPEPWBOÃ
%FTFOSPTDBSMPTUPSOJMMPT
EFMBQBSUFJOGFSJPS
EFMBDBSDBTBEFTFOSPTDBSMPTUPSOJMMPT
EF
MPTMBUFSBMFTEFMBDBSDBTB
ZTPMUBSMPTEFMBT
SBOVSBT
EFMMBEPQPTUFSJPSEFMBDBSDBTB
$0/530-:."/5&/*.*&/50
"/6"-%&-"1"3"50
"M NFOPT VOB WF[ BM BÒP TF EFCFO FGFDUVBS
MBT TJHVJFOUFT PQ FSBDJPOFT EF DPOUSPM Z
NBOUFOJNJFOUP
-JNQJBSFMJOUFSDBNCJBEPSMBEPIVNPT
-JNQJBSFMRVFNBEPSQSJODJQBM
$POUSPMBSWJTVBMNFOUFRVFMBDBNQBOBEFIVNPT
OPQSFTFOUFTJHOPTEFEFUFSJPSPPDPSSPTJÓO
$POUSPMBS MB SFHVMBSJEBE EF FODFOEJEP Z
GVODJPOBNJFOUP
$POUSPMBSFMDBMJCSBEPEFMRVFNBEPSQBSBBHVB
TBOJUBSJBZQBSBDBMFGBDDJÓO
$POUSPMBSFMGVODJPOBNJFOUPEFMPTEJTQPTJUJWPTEF
NBOEPZSFHVMBDJÓOEFMBQBSBUPFTQFDJBMNFOUF
FM GVODJPOBNJFOUP EFM JOUFSSVQUPS HFOFSBM
FMÊDUSJDPTJUVBEPFOMBDBMEFSB
FM GVODJPOBNJFOUP EFM UFSNPTUBUP EF
SFHVMBDJÓOEFMBJOTUBMBDJÓOEFDBMFGBDDJÓO
FM GVODJPOBNJFOUP EFM UFSNPTUBUP EF
SFHVMBDJÓOEFMBHVBTBOJUBSJB
$POUSPMBSMBFTUBORVFJEBEEFMBJOTUBMBDJÓOJOUFSOB
EFBDVFSEPDPOMBTJOEJDBDJPOFTOPSNBUJWBT
$POUSPMBSFMGVODJPOBNJFOUPEFMEJTQPTJUJWPEF
GBMUBEFHBTQPSDPOUSPMEFJPOJ[BDJÓOEFMMBNB
FMUJFNQPEFBDUVBDJÓOEFCFTFSNFOPSB
TFHVOEPT
$POUSPMBSWJTVBMNFOUFRVFOPFYJTUFOQÊSEJEBT
EFBHVBZPYJEBDJPOFTFOMBTVOJPOFT
$POUSPMBSWJTVBMNFOUFRVFMPTEFTBHÛFTEFMBTWÃMWVMBT
EFTFHVSJEBEEFMBHVBOPFTUÊOPCTUSVJEPT
$PNQSPCBSRVFMBDBSHBEFMWBTPEFFYQBOTJÓOQBSB
DBMFGBDDJÓOUSBTIBCFSEFTDBSHBEPMBQSFTJÓOEF
MBJOTUBMBDJÓOIBTUBTJUVBSMBBDFSPMFZFOEPFM
NBOÓNFUSPEFDBMEFSB
TFBCBS
,POUSPMBQSBXJEPXPǧDJ[BQPOVJQSBDZ
4QSBXE[FOJFQSBXJEPXPǧDJLBMJCSBDKJQBMOJLBX
GB[JFXPEBTBOJUBSOBPSB[PHS[FXBOJF
4QSBXE[FOJF QPQSBXOPǧDJ QSBDZ VS[ƾE[Fǝ
TUFSVKƾDZDI J SFHVMBDZKOZDI VS[ƾE[FOJB B X
T[D[FHÓMOPǧDJ
E[JBBOJF PHÓMOFHP XZƾD[OJLB [BTJMBOJB OB
LPUMF
E[JBBOJFUFSNPTUBUVSFHVMBDKJJOTUBMBDKJ
E[JBBOJF UFSNPTUBUV SFHVMVKƾDFHP XPEZ
TBOJUBSOFK
4QSBXE[FOJF T[D[FMOPǧDJ JOTUBMBDKJ [BTJMBOJB
HB[FN[HPEOJF[PCPXJƾ[VKƾDƾOPSNƾ
4 Q S B X E [ F O J F E [ J B  B O J B V S [ ƾ E [ F O J B
[BQPCJFHBKƾDFHP CSBLPXJ HB[V EP QPNJFOJB
J KPOJ[BDKJ D[BT [BE[JBBOJB QPXJOJFOXZOPTJǀ
QPOJǻFKTFLVOE
4QSBXE[FOJF X[SPLPXF D[Z OJF NB
OJFT[D[FMOPǧDJXVLBE[JFIZESBVMJD[OZNPSB[
ǧMBEÓXSE[ZOB[ƾD[BDI
,POUSPMBX[SPLPXBD[ZPEQSPXBE[FOJF[B
XPSÓXCF[QJFD[FǝTUXBXPEZOJFKFTU[BULBOF
4QSBXE[FOJFD[ZPCDJƾǻFOJF[CJPSOJLBXZSÓXO
BXD[FHPQPPCOJǻFOJVDJǧOJFOJBXJOTUBMBDKJEP
[FSBDPQPXJOOPCZǀXTLB[BOFQS[F[NBOPNFUS
OBLPUMF
XZOPTJCBS
$POUSPMBS RVF MB DBSHB EFM WBTP EF FYQBOTJÓO
TBOJUBSJPFTUÊBVOBQSFTJÓOFOUSFZCBS
4QSBXE[FOJFD[ZPCDJƾǻFOJF[CJPSOJLBXZSÓXO
BXD[FHP PCJFHV TBOJUBSOFHP KFTU [BXBSUF X
QS[FE[JBMFPEEPCBS
$POUSPMBSRVFMBQSFTJÓOFTUÃUJDBEFMBJOTUBMBDJÓO
DPO MB JOTUBMBDJÓO GSÎB Z EFTQVÊT EF IBCFS
SFDBSHBEPMBJOTUBMBDJÓONFEJBOUFFMHSJGPEF
MMFOBEP
FTUÊFOUSFZCBS
4QSBXE[FOJF D[Z DJǧOJFOJF TUBUZD[OF JOTUB
MBDKJ QS[Z [JNOFK JOTUBMBDKJ J QP QPOPXOZN
OBQFOJFOJVJOTUBMBDKJQS[F[[BXÓSOBQFOJBKƾDZ
NJFǧDJTJNjNJNjE[ZBCBS
$POUSPMBS WJTVBMNFOUF RVF MPT EJTQPTJUJWPT
EF TFHVSJEBE Z EF DPOUSPM OP IBZBO
TJEP NBOJQVMBEPT ZP DPSUPDJSDVJUBEPT
FTQFDJBMNFOUF
,POUSPMBX[SPLPXBD[ZOBTUNjQVKƾDFV
S[ƾE[FOJB[BCF[QJFD[BKƾDFJTUFSPXOJD[FOJF
Tƾ VT[LPE[POF OJF EPT[P PE JDI [XBSDJB B X
T[D[FHÓMOPǧDJ
FM UFSNPTUBUP EF TFHVSJEBE EF DPOUSPM EF
UFNQFSBUVSB
UFSNPTUBU[BCF[QJFD[BKƾDZOBUFNQFSBUVS[F
QSFTPTUBUPJOTUBMBDJÓO
NFEJEPSEFMDBVEBMEFIVNPT
3FWJTBS FM FTUBEP EFM ÃOPEP EF .BHOFTJP EFM
BDVNVMBEPS
3FWJTBS FM FTUBEP EF GVODJPOBNJFOUP Z
DPOTFSWBDJÓO EF MB JOTUBMBDJÓO FMÊDUSJDB
FTQFDJBMNFOUF
MPT DBCMFT EF BMJNFOUBDJÓO FMÊDUSJDB EFCFO
FTUBSEFOUSPEFMPTQBTBDBCMFT
QSFTPTUBUQPXJFUS[OZ
NJFSOJLQS[FQZXVTQBMJO
TQSBXE[FOJFTUBOVBOPEZNBHOF[PXFKCPKMFSB
4QSBXE[FOJFTUBOVJOTUBMBDKJFMFLUSZD[OFKBX
T[D[FHÓMOPǧDJ
QS[FXPEÓX [BTJMBOJB LUÓSF QPXJOOZ
[OBKEPXBǀTJNjXQSPXBEOJDBDIMJO
TQSBXE[FOJFD[ZOJFNBǧMBEÓX[BD[FSOJFǝ
MVCQS[ZQBMFǝ
OPEFCFOFYJTUJSTJHOPTEFFOOFHSFDJNJFOUP
PRVFNBEVSBT
Stránka 56 z 62
;LPOUSPMPWBUQSBWJEFMOPTU[BQBMPWÃOÎBDIPEV
0WLJǥJUTQSÃWOPTULBMJCSBDFIPǥÃLVWVßJULPWÊB
UPQOÊGÃ[J
0WLJǥJU TQSÃWOÝ DIPE ǥÎEÎDÎDI B TFǥJ[PWBDÎDI
QSWLDzQǥÎTUSPKFQǥFEFWØÎN
GVOHPWÃOÎ IMBWOÎIP FMFLUSJDLÊIP WZQÎOBǁF
VNÎTULJOÊIPWLPUMJ
GVOHPWÃOÎSFHVMBǁOÎIPUFSNPTUBUVTZTUÊNV
GVOHPWÃOÎSFHVMBǁOÎIPUFSNPTUBUVVßJULPWÊIP
PLSVIV
;LPOUSPMPWBU ULJTOPTU WOJUǥOÎIP [BǥÎ[FOÎ QPEMF
QPLZODzTUBOPWFOÝDIOPSNPV
0WLJǥJU SFBLDJ [BǥÎ[FOÎ OB WÝQBEFL QMZOV B
LPOUSPMVQMBNFOFBJPOJ[BDF[LPOUSPMPWBU[EB
[BǥÎ[FOÎSFBHVKFEPWUFǥJO
;SBLFNPWLJǥJU[EBOFEPDIÃ[ÎLF[USÃULJWPEZB
PYJEBDJTQPKFL
;SBLFNPWLJǥJUßFWÝTUVQCF[QFǁOPTUOÎDIWPEP
WPEOÎDIWFOUJMDzOFOÎ[BOFTFOÝ
0WLJǥJUßFUMBLWFYQBO[OÎOÃEPCLJKFQPPEMFIǁFOÎ
UMBLVTZTUÊNVTOÎßFOÎNOBOVMVWJEJUFMOÊNOB
NBOPNFUSVLPUMF
CBS
0WLJǥJU ßF UMBL OÃQMOLJ W VßJULPWÊ FYQBO[OÎ
OÃEPCLJKFWSP[NF[ÎNF[JBCBS
0WLJǥJUßFTUBUJDLÝUMBLWTZTUÊNV[BTUVEFOBB
QPPQLJUOÊNOBQVØULJOÎTZTUÊNVQMOJDÎNLPIPVU
LFN
KFNF[JBCBSV
;SBLFN PWLJǥJU ßF CF[QFǁOPTUOÎ B LPOUSPMOÎ
[BǥÎ[FOÎ OFKTPV QPØLP[FOB BOFCP [LSBUPWÃOB
QǥFEFWØÎN
CF[QFǁOPTUOÎUFSNPTUBUUFQMPUZ
QSFTPTUBU[BǥÎ[FOÎ
QSDzUPLPNLJSTQBMJO
;LPOUSPMPWBUOFQPSVØFOPTUNBHOF[JPWÊBOPEZ
PIǥÎWBǁF
0WLJǥJU TUBW B ÙQMOPTU FMFLUSJDLÊIP TZTUÊNV
QǥFEFWØÎN
LBCFMZFMFLUSJDLÊIPQǥÎWPEVNVTÎCÝUVMPßFOZ
WQSDzDIPELÃDI
OFTNÎ OB OJDI CÝU TUPQZ QP TQÃMFOÎ OFCP
[BǁPV[FOÎ
$;
4*
7"3*"#*-/±5&1&-/À7À,0/
1P[O)PEOPUZUMBLVVWFEFOÊWUBCVMDFQǥFETUBWVKÎSP[EÎMZUMBLDzFYJTUVKÎDÎ
NF[JWÝTUVQFNQMZOPWÊIPWFOUJMVBTQBMPWBDÎLPNPSPV3FHVMBDFTFQSPWÃEÎ
QPNPDÎEJGFSFOǁOÎIPNBOPNFUSVTFTMPVQLFNWFUWBSVi6uOFCPQPNPDÎ
EJHJUÃMOÎIP NBOPNFUSV
TF TPOEBNJ [BTVOVUÝNJ EP UMBLPWÊIP WÝTUVQV
NPEVMVSFHVMBǁOÎIPQMZOPWÊIPWFOUJMVBEP[LVØFCOÎIPPUWPSVQP[JUJWOÎIP
UMBLVV[BWǥFOÊLPNPSZ¼EBKFPWÝLPOVWUBCVMDFCZMZ[ÎTLÃOZQǥJQPVßJUÎ
OBTÃWBDÎPEWPEOÊUSVCLZPEÊMDFN1SDzUPLZQMZOVPEQPWÎEBKÎUFQFMOÊNV
WÝLPOVOJßØÎNVOFßKFž$BUMBLVNCBS5MBLZOBIPǥÃLPEQPWÎEBKÎ
QPVßJUÎQMZOVPUFQMPULJž$
7"3*#"-/"501-05/";.0(-+*7045
0QPNCB 7SFEOPTUJ UMBLB PQJTBOF W UBCFMJ QPNFOJKP SB[MJLP W UMBLJI LJ
PCTUBKBNFEJ[IPEPNQMJOTLFHBWFOUJMBJOLPNPSP[BTFßJHBOKF3FHVMJSBNP
TQPNPǁKPEJGFSFODJBMOFHBNBOPNFUSBTTUFCSJǁFNWPCMJLJǁSLFv6jBMJT
QPNPǁKPEJHJUBMOFHBNBOPNFUSB
TTPOEBNJLJTPOBNFØǁFOFWUMBǁOJJ[IPE
NPEVMBSOFHBJOSFHVMBDJKTLFHBQMJOTLFHBWFOUJMBJOWQSFJ[LVTOPPEQSUJOP
QP[JUJWOFHBUMBLB[BQSUFLPNPSF1PEBULJP[NPHMKJWPTUJWUBCFMJTPCJMJQSJEP
CMKFOJPCVQPSBCJTFTBMOFPEWBKBMOFDFWJEPMßJOFN1SFUPLJQMJOBVTUSF[BKP
UPQMPUOJ[NPHMKJWPTUJOJßKJLPUž$JOUMBLVNCBSB7SFEOPTUJUMBLBOB
HPSJMOJLVTUSF[BKPVQPSBCJQMJOBQSJUFNQFSBUVSJž$
;FVT4VQFSJPSL8L8L8
;FVT4VQFSJPSL8L8L8
.&5"/(
5&1&-/À
7À,0/
5&1&-/À
7À,0/
13Ʊ50,1-:/6
)0Ƥ¦,6
#65"/(
5-",753:4,¦$)
)0Ƥ¦,6
13Ʊ50,1-:/6
)0Ƥ¦,6
.&5"/(
501-50/"
501-50/" 13&50,1-*/"
;.0(-+*7045 ;.0(-+*7045 4,0;*(03*-/*,
1301"/(
5-",753:4,¦$)
)0Ƥ¦,6
13Ʊ50,1-:/6
)0Ƥ¦,6
#65"/(
5-",7»0#")(03*-
/*,"
13&50,1-*/"
4,0;*(03*-/*,
5-",753:4,¦$)
)0Ƥ¦,6
1301"/(
5-",7»0#")(03*-
/*,"
13&50,1-*/"
4,0;*(03*-/*,
5-",7»0#")(03*-
/*,"
L8
LDBMI
NI
NCBS
NN)0
LHI
NCBS
NN)0
LHI
NCBS
NN)0
Stránka 57 z 62
$;
5&$)/*$,­¼%"+&
+NFOPWJUÃUFQFMOÃLBQBDJUB
.JOJNÃMOÎUFQFMOÃLBQBDJUB
+NFOPWJUÝUFQFMOÝWÝLPOVßJUOÝ
.JOJNÃMOÎUFQFMOÝWÝLPOVßJUOÝ
6ßJUOÃUFQFMOÃÙǁJOOPTUWQPNLJSVLFKNFOPWJUÊNVWÝLPOV
6ßJUOÃUFQFMOÃÙǁJOOPTULKNFOPWJUÊIPWÝLPOV
5FQFMOÊ[USÃUZOBQMÃØUJTIPǥÃLFN;"17:1
5FQFMOÊ[USÃUZWLPNÎOLJTIPǥÃLFN;"17:1
.BYQSPWP[OÎUMBLWFWZUÃQLJDÎNPLSVIV
.BYQSPWP[OÎUFQMPUBWFWZUÃQLJDÎNPLSVIV
/BTUBWJUFMOÃUFQMPUBWZUÃQLJOÎ
$FMLPWÝPCKFNFYQBO[OÎOÃEPCZ
5MBLWFYQBO[OÎOÃEPCLJ
$FMLPWÝPCKFNFYQBO[OÎOÃEPCZOBVßJULPWPVWPEV
5MBLWFYQBO[OÎOÃEPCLJOBVßJULPWPVWPEV
0CKFNWPEZWLPUMJ
7ZVßJUFMOÝWÝUMBLQǥJQSDzUPLVMI
6ßJUOÝUFQFMOÝWÝLPOQǥJPIǥFWVWPEZ
/BTUBWJUFMOÃUFQMPUBVßJULPWÊWPEZ
0NF[PWBǁUPLVVßJULPWÊWPEZOBCBSZ
.JOJNÃMOÎUMBLEZOBNJDLÝ
VßJULPWÊIPPLSVIV
.BYJNÃMOÎQSPWP[OÎUMBLWVßJULPWÊNPLSVIV
.LJSOÝWÝLPOȄ5ž$
7ÝLPOQǥJTUÃMÊNPECLJSVȄ5ž$
,MBTJêLBDFVßJULPWÊIPWÝLPOVQPEMF&/
)NPUOPTUQMOÊIPLPUMF
)NPUOPTUQSÃ[EOÊIPLPUMF
&MFLUSJDLÃQǥÎQPKLB
+NFOPWJUÝQǥÎLPO
*OTUBMPWBOÝFMFLUSJDLÝWÝLPO
1ǥÎLPOǁFSQBEMB
1ǥÎLPOWFOUJMÃUPSV
0DISBOBFMFLUSJDLÊIP[BǥÎ[FOÎQǥÎTUSPKF
5ǥÎEB/09
7ÃßFOÊ/09
7ÃßFOÊ$0
5ZQ[BǥÎ[FOÎ
,BUFHPSJF
L8LDBMI
L8LDBMI
L8LDBMI
L8LDBMI
CBS
ž$
ž$
M
CBS
M
CBS
M
L1BN)0
L8LDBMI
ž$
MNJO
CBS
CBS
MNJO
MNJO
;FVT4VQFSJPSL8
LH
LH
7)[
"
8
8
8
NHL8I
NHL8I
)PEOPUZUFQMPUZTQBMJOPEQPWÎEBKÎWTUVQOÎUFQMPULJW[EVDIVž$
)PEOPUZUÝLBKÎDÎTFWÝLPOVUFQMÊVßJULPWÊWPEZTFW[UBIVKÎLEZOBNJDLÊNV
WTUVQOÎNVUMBLVCBSZBWTUVQOÎUFQMPULJž$IPEOPUZKTPV[KJØǬPWÃOZ
JIOFEQPWÝTUVQV[LPUMFQǥJǁFNßLEPTBßFOÎVWFEFOÝDIIPEOPUKFOVUOÊ
TNÎDIÃOÎTFTUVEFOPVWPEPV
.BYJNÃMOÎIMVLWZEÃWBOÝQǥJDIPEVLPUMFKFE#".LJǥFOÎIMBEJOZ
IMVLVQSPCÎIÃWQPMPBLVTUJDLZNSUWÊLPNPǥFVLPUMF[BQOVUÊIPOBNBY
JNÃMOÎUFQFMOÝWÝLPOTLPVǥPWÝNTZTUÊNFNQSPEMPVßFOÝNWTPVMBEVT
OPSNBNJWÝSPCLV
Stránka 58 z 62
;FVT4VQFSJPSL8 ;FVT4VQFSJPSL8

*19%
*19%
*19%
$$$$$##
**)
$;
4*
1"3".&53:41"-07¦/±
1"3".&53**;(03&7"/+"
;FVT4VQFSJPSL8
1SDzNLJSQMZOPWÊUSZTLZ
5MBLQMOLJOÎ
$FMLPWÊNOPßTUWÎTQBMJOQǥJKNFOPWJUÊNWÝLPOV
$FMLPWÊNOPßTUWÎTQBMJOQǥJOFKOJßØÎNWÝLPOV
$0QǥJKNFONJO[BUÎßFOÎ
$0QǥJ0QǥJKNFONJO[BUÎßFOÎ
/09QǥJ0QǥJKNFONJO[BUÎßFOÎ
5FQMPUBTQBMJOQǥJKNFOPWJUÊNWÝLPOV
5FQMPUBTQBMJOQǥJOFKOJßØÎNWÝLPOV
;FVT4VQFSJPSL8
1SDzNLJSQMZOPWÊUSZTLZ
5MBLQMOLJOÎ
$FMLPWÊNOPßTUWÎTQBMJOQǥJKNFOPWJUÊNWÝLPOV
$FMLPWÊNOPßTUWÎTQBMJOQǥJOFKOJßØÎNWÝLPOV
$0QǥJKNFONJO[BUÎßFOÎ
$0QǥJ0QǥJKNFONJO[BUÎßFOÎ
/09QǥJ0QǥJKNFONJO[BUÎßFOÎ
5FQMPUBTQBMJOQǥJKNFOPWJUÊNWÝLPOV
5FQMPUBTQBMJOQǥJOFKOJßØÎNWÝLPOV
;FVT4VQFSJPSL8
1SDzNLJSQMZOPWÊUSZTLZ
5MBLQMOLJOÎ
$FMLPWÊNOPßTUWÎTQBMJOQǥJKNFOPWJUÊNWÝLPOV
$FMLPWÊNOPßTUWÎTQBMJOQǥJOFKOJßØÎNWÝLPOV
$0QǥJKNFONJO[BUÎßFOÎ
$0QǥJ0QǥJKNFONJO[BUÎßFOÎ
/09QǥJ0QǥJKNFONJO[BUÎßFOÎ
5FQMPUBTQBMJOQǥJKNFOPWJUÊNWÝLPOV
5FQMPUBTQBMJOQǥJOFKOJßØÎNWÝLPOV
;FVT4VQFSJPSL8
1SFNFSØPCF[BQMJO
5MBLQPMOKFOKB
4LVQOBLPMJǁJOBQSPEVLUPWJ[HPSFWBOKBQSJOPNJOBMOJ[NPHMKJWPTUJ
4LVQOBLPMJǁJOBQSPEVLUPWJ[HPSFWBOKBQSJOBKOJßKJ[NPHMKJWPTUJ
$0QSJOPNJONJOPCSFNFOJUWJ
$0QSJ0QSJOPNJONJOPCSFNFOJUWJ
/09QSJ0QSJOPNJONJOPCSFNFOJUWJ
5FNQFSBUVSBQSPEVLUPWJ[HPSFWBOKBQSJOPNJOBMOJ[NPHMKJWPTUJ
5FNQFSBUVSBQSPEVLUPWJ[HPSFWBOKBQSJOBKOJßKJ[NPHMKJWPTUJ
;FVT4VQFSJPSL8
1SFNFSØPCF[BQMJO
5MBLQPMOKFOKB
4LVQOBLPMJǁJOBQSPEVLUPWJ[HPSFWBOKBQSJOPNJOBMOJ[NPHMKJWPTUJ
4LVQOBLPMJǁJOBQSPEVLUPWJ[HPSFWBOKBQSJOBKOJßKJ[NPHMKJWPTUJ
$0QSJOPNJONJOPCSFNFOJUWJ
$0QSJ0QSJOPNJONJOPCSFNFOJUWJ
/09QSJ0QSJOPNJONJOPCSFNFOJUWJ
5FNQFSBUVSBQSPEVLUPWJ[HPSFWBOKBQSJOPNJOBMOJ[NPHMKJWPTUJ
5FNQFSBUVSBQSPEVLUPWJ[HPSFWBOKBQSJOBKOJßKJ[NPHMKJWPTUJ
;FVT4VQFSJPSL8
1SFNFSØPCF[BQMJO
5MBLQPMOKFOKB
4LVQOBLPMJǁJOBQSPEVLUPWJ[HPSFWBOKBQSJOPNJOBMOJ[NPHMKJWPTUJ
4LVQOBLPMJǁJOBQSPEVLUPWJ[HPSFWBOKBQSJOBKOJßKJ[NPHMKJWPTUJ
$0QSJOPNJONJOPCSFNFOJUWJ
$0QSJ0QSJOPNJONJOPCSFNFOJUWJ
/09QSJ0QSJOPNJONJOPCSFNFOJUWJ
5FNQFSBUVSBQSPEVLUPWJ[HPSFWBOKBQSJOPNJOBMOJ[NPHMKJWPTUJ
5FNQFSBUVSBQSPEVLUPWJ[HPSFWBOKBQSJOBKOJßKJ[NPHMKJWPTUJ
(
(
(
NN
NCBSNN)0
LHI
LHI
QQN
QQN
ž$
ž$
NN
NCBSNN)0
LHI
LHI
QQN
QQN
ž$
ž$
NN
NCBSNN)0
LHI
LHI
QQN
QQN
ž$
ž$
(
(
(
NN
NCBSNN)0
LHI
LHI
QQN
QQN
ž$
ž$
NN
NCBSNN)0
LHI
LHI
QQN
QQN
ž$
ž$
NN
NCBSNN)0
LHI
LHI
QQN
QQN
ž$
ž$
Stránka 59 z 62
Stránka 60 z 62
Stránka 61 z 62
WWWIMMERGASCOM
DzJTJOTUSVDUJPOCPPLMFUJTNBEFPG
FDPMPHJDBMQBQFS
$PE3FW