Přednášky k předmětu

Transkript

Záznam pĜednášek z pĜedmČtu
Poþítaþe a programování 1
KIV/PPA1
Pavel Herout
© 2009
UpozornČní:
Tato publikace slouží jako studijní podpora pro studenty pĜedmČtu Poþítaþe a
programování 1 vyuþovaného na FakultČ aplikovaných vČd Západoþeské univerzity
v Plzni. Jakékoliv jiné využití bez písemného souhlasu autora bude považováno za
porušení autorského zákona.
=iNODGQt LQIRUPDFH 6WUXNWXUD SRþtWDþH ] SRKOHGX SURJUDPiWRUD 1XWQp ]QDORVWL R MHGQRWOLYêFK þiVWHFK 3DPČĢ ± KDUGZDURYê SRKOHG 3DPČĢ ± VRIWZDURYê SRKOHG $/- ± DULWPHWLFNRORJLFNi MHGQRWND $OJRULWPL]DFH 3URJUDP\ D SURJUDPRYDFt MD]\N\ 6\QWD[H D VpPDQWLND SURJUDPRYDFtFK MD]\NĤ ,PSOHPHQWDFH SURJUDPRYDFtFK MD]\NĤ ÒYRG GR MD]\ND -DYD 9êYRMRYp SURVWĜHGN\ 3UYQt SURJUDP Y -DYČ 'UXKê SURJUDP -HGQRGXFKê JUDILFNê QiVWURM 'UDZLQJ7RRO 5HSUH]HQWDFH GDW GDWRYp W\S\ ýtVHOQp VRXVWDY\ 'YRMNRYi ELQiUQt VRXVWDYD âHVWQiFWNRYi KH[DGHFLPiOQt VRXVWDYD 2VPLþNRYi RNWDORYi VRXVWDYD .yGRYiQt DQHE GDWD Y SRþtWDþL =iNODGQt GČOHQt NyGĤ GDWRYêFK W\SĤ 1HMGĤOHåLWČMãt GDWRYp W\S\ 'DWRYp W\S\ 'DWRYp W\S\ Y -DYČ &HORþtVHOQp W\S\ D MHMLFK NRQVWDQW\ 5HiOQp GDWRYp W\S\ D MHMLFK NRQVWDQW\ =QDNRYê W\S D MHKR NRQVWDQW\ ěHWČ]FRYp NRQVWDQW\ /RJLFNê W\S D MHKR NRQVWDQW\ 3URPČQQp GHNODUDFH D SĜLĜD]HQt ,GHQWLILNiWRU\ 'HNODUDFH 3ĜLĜD]HQt 7\SRYp NRQYHU]H 2SHUiWRU\ .RPHQWiĜH 7HUPLQiORYp 99 ĜtGtFt VWUXNWXU\ HQXP ODGČQt 7HUPLQiORYp IRUPiWRYDQp YVWXS\ D YêVWXS\ 99 QHER ,2 .ODVLFNê YêVWXS QD REUD]RYNX .RPSOH[Qt ĜHãHQt YêVWXSX )RUPiWRYDQê YVWXS =iNODGQt PDWHPDWLFNp IXQNFH 1iKRGQi þtVOD ětGtFt VWUXNWXU\ 0RWLYDþQt SĜtNODG ± RG VHNYHQFH N F\NOX 3RGPtQND ± SĜtND] LI &\NO\ 3ĜHStQDþ ± SĜtND] VZLWFK /DGČQt 0HWRGD ODGtFtFK YêSLVĤ 9\XåLWt JUDILFNpKR GHEXJJHUX 9êþWRYê W\S 0HWRG\ 'ĤYRG\ SRXåLWt 7HUPLQRORJLH 3ĜtNODG GHNRPSR]LFH D UĤ]QêFK ]SĤVREĤ YROiQt 5Ĥ]Qp ]SĤVRE\ YROiQt PHWRG 6NXWHþQp SDUDPHWU\ PHWRG\ =SĤVRE SĜHGiQt SDUDPHWUĤ ] YRODMtFt GR YRODQp 7\SLFNi FK\ED ± SDUDPHWU\ MVRX SRYDåRYiQ\ ]D GHNODUDFL 3DUDPHWU\ D QiYUDWRYi KRGQRWD 0HWRG\ EH] SDUDPHWUĤ 0HWRG\ EH] QiYUDWRYp KRGQRW\ 0HWRG\ EH] SDUDPHWUĤ D EH] QiYUDWRYp KRGQRW\ 0HWRG\ V YtFH IRUPiOQtPL SDUDPHWU\ 0HWRGD V YtFH IRUPiOQtPL SDUDPHWU\ UĤ]QpKR W\SX /RNiOQt SURPČQQp YHUVXV VWDWLFNp SURPČQQp /RNiOQt SURPČQQp 6WDWLFNp SURPČQQp =DVWtQČQt VWDWLFNêFK SURPČQQêFK ORNiOQtPL 7URFKD WHRULH ± SĜLGČORYiQt SDPČWL SURPČQQêP 3ĜHWČåRYiQt PHWRG .RPHQWRYiQt WĜtG D PHWRG ± SRNUDþRYiQt *HQHURYiQt GRNXPHQWDFH 3ROH 0RWLYDFH 3ROH =iNODGQt LQIRUPDFH ěHãHQt RGFK\OHN WHSORW SRPRFt SROH 3UDNWLFNp SR]QiPN\ 7URFKD WHRULH 3ULQFLS Y\WYRĜHQt SROH 3UiFH V UHIHUHQþQtPL SURPČQQêPL SROt 3ROH MDNR SDUDPHWU DQHER QiYUDWRYi KRGQRWD PHWRG\ 0RWLYDFH 3ĜtNODG 3ROH O]H Y PHWRGČ PČQLW 3ROH MDNR WDEXOND %H]SUREOpPRYê SĜtSDG 3RVXQXWt LQGH[Ĥ 3RVXQXWt LQGH[Ĥ D SĜHSRþHW UR]VDKX 3ROH UHSUH]HQWXMtFt PQRåLQX 3UYRþtVOD SRPRFt (UDWRVWKHQRYD VtWD 9tFHUR]PČUQi SROH 'HNODUDFH 6RXþHW GYRX PDWLF ěD]HQt =iNODGQt WHUPLQRORJLH ěD]HQt YêEČUHP ± 6HOHFW6RUW 3ULQFLS ĜHãHQt ěHãHQt Y -DYČ ěD]HQt YNOiGiQtP ± ,QVHUW6RUW 3ULQFLS ĜHãHQt 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 2EVDK
LLL
LY
ěHãHQt Y -DYČ .RPSOLNRYDQČMãt ĜHãHQt Y -DYČ ěD]HQt ]DPČĖRYiQtP ± %XEEOH6RUW 3ULQFLS ĜHãHQt ěHãHQt Y -DYČ .RPSOLNRYDQČMãt ĜHãHQt Y -DYČ 3UDNWLFN\ SRXåtYDQp ĜHãHQt 7ĜtGD 0RWLYDþQt NRQWUDSĜtNODG ěHãHQt SRPRFt SROH LQGH[Ĥ 7ĜtGD MDNR QRYê GDWRYê W\S 9\WYRĜHQt GDWRYp WĜtG\ 3RXåLWt GDWRYp WĜtG\ 3RXåLWt GDWRYp WĜtG\ Y SROL 9\WYRĜHQt SROH REMHNWĤ 6HĜD]HQt SROH REMHNWĤ 6WULQJ MDNR SĜtNODG NQLKRYQt WĜtG\ .QLKRYQt PHWRG\ SUR SUiFL V ĜHWČ]FL 3ĜtNODG SRXåLWt ĜHWČ]FH =SUDFRYiQt SĜtND]RYp ĜiGN\ 6WDWLFNp YHUVXV LQVWDQþQt 3ĜtVWXS ± 1HFKiSX UR]GtO PH]L WĜtGQtPL D LQVWDQþQtPL 3ĜtVWXS ± &KFL SRFKRSLW UR]GtO PH]L WĜtGQtPL D LQVWDQþQtPL 9êMLPN\ DGUHViĜH D VRXERU\ 9êMLPN\ ÒYRGQt LQIRUPDFH 0RåQp GUXK\ YêMLPHN =SĤVRE\ UHDNFH QD YêMLPNX 1DSURVWR QHMKRUãt UHDNFH QD YêMLPNX .RQVWUXNFH WU\±FDWFK±ILQDOO\ $GUHViĜH D VRXERU\ SRPRFt WĜtG\ )LOH 7HUPLQRORJLH =DMLãWČQt QH]iYLVORVWL QD RSHUDþQtP V\VWpPX 9\WYRĜHQt LQVWDQFH WĜtG\ )LOH 3UiFH V H[LVWXMtFtP VRXERUHP QHER DGUHViĜHP 9êSLV SRORåHN DGUHViĜH 6RXERURYê YVWXS D YêVWXS 3URXGRYê YVWXS D YêVWXS 3URXGRYê YVWXS D YêVWXS V Y\XåLWtP SURVWĜHGNĤ RSHUDþQtKR V\VWpPX 3URXGRYê YVWXS D YêVWXS V Y\XåLWtP NQLKRYHQ -DY\ 7H[WRYp YHUVXV ELQiUQt VRXERU\ 7H[WRYp VRXERU\ %LQiUQt VRXERU\ =SUDFRYiQt VRXERUĤ Y -DYČ =SUDFRYiQt WH[WRYêFK VRXERUĤ =SUDFRYiQt &69 VRXERUĤ ± SDUVRYiQt ĜHWČ]FĤ =SUDFRYiQt ELQiUQtFK VRXERUĤ 3RURYQiQt U\FKORVWt ]SUDFRYiQt WH[WRYêFK D ELQiUQtFK VRXERUĤ 9\KOHGiYiQt Y SROL 2EHFQp LQIRUPDFH 1HXVSRĜiGDQp SROH 3ROH QHQt ]FHOD ]DSOQČQp 3ROH MH ]FHOD ]DSOQČQp 2SDNXMtFt VH YêVN\W SUYNĤ 8VSRĜiGDQp SROH 3UDNWLFNp SRXåLWt 6ORåLWRVW NyGRYiQt GDW ÒYRGQt LQIRUPDFH 3ĜHVQp ]MLãWČQt VORåLWRVWL 2GKDG VORåLWRVWL 2EHFQČ SRXåtYDQp Y\MiGĜHQt VORåLWRVWL +UXEê RGKDG VORåLWRVWL SUR WULYLiOQt DOJRULWP\ 3UDNWLFNê Yê]QDP VORåLWRVWL 8Ni]ND DOJRULWPX V þDVRYČ QHĜHãLWHOQRX VORåLWRVWt .yGRYiQt DQHE GDWD Y SRþtWDþL =iNODGQt GČOHQt NyGĤ GDWRYêFK W\SĤ 3RGUREQČMãt SRKOHG QD GDWRYp W\S\ .yGRYiQt ]QDNĤ QHMHQ þHãWLQ\ =iNODGQt WHUPLQRORJLH =QDNRYi VDGD PQRåLQD NyGRYDQêFK ]QDNĤ ± &RGHG &KDUDFWHU 6HW ± &&6 &KDUDFWHU (QFRGLQJ )RUP ± &() .yGRYDFt VFKpPD NyGRYiQt &KDUDFWHU (QFRGLQJ 6FKHPH ± &(6 +LVWRULH 6RXþDVQRVW +LVWRULH 8QLFRGH 3UREOpP SRĜDGt EDMWĤ 3UREOpP NyGRYDFtFK VFKpPDW =QDþND EDMWRYpKR SRĜDGt 87) 3UREOpP 87) 87) 3UREOpP\ SRMPHQRYiQt FKDUVHWĤ 3UDNWLFNê GRSDG QD XåLYDWHOH SRþtWDþĤ Y ýHVNp UHSXEOLFH 86$6&,, ± $PHULFDQ 6WDQGDUG &RGH IRU ,QIRUPDWLRQ ,QWHUFKDQJH ,62 ± /DWLQ $OSKDEHW 1R ZLQGRZV ± :LQGRZV (DVWHUQ (XURSHDQ ,%0 ± 06'26 /DWLQ [0DF&HQWUDO(XURSH ± 0DFLQWRVK /DWLQ 87) ± (LJKWELW 8&6 7UDQVIRUPDWLRQ )RUPDW 87) ± 6L[WHHQELW 8&6 7UDQVIRUPDWLRQ )RUPDW E\WH RUGHU LGHQWLILHG E\ DQ RSWLRQDO E\WH
RUGHU PDUN 87)%( ± 6L[WHHQELW 8QLFRGH 7UDQVIRUPDWLRQ )RUPDW ELJHQGLDQ E\WH RUGHU 87)/( ± 6L[WHHQELW 8QLFRGH 7UDQVIRUPDWLRQ )RUPDW OLWWOHHQGLDQ E\WH RUGHU =GURMH ;0/ ± REHFQp LQIRUPDFH =iNODGQt FKDUDNWHULVWLN\ &R ;0/ QHQt 2YČĜHQt VSUiYQRVWL 9êYRM ;0/ 'YČ KODYQt REODVWL SRXåLWt 6\QWD[H D SUYN\ ;0/ 1i]Y\ ]QDþHN Y ;0/ 2EHFQČ SODWQi SUDYLGOD SUR ]QDþN\ $WULEXW\ .G\ SRXåtW HOHPHQW\ D NG\ DWULEXW\ (QWLWQt UHIHUHQFH 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Y
YL
6HNFH &'$7$ .RPHQWiĜH =SUDFRYiYDFt LQVWUXNFH 'HNODUDFH ;0/ D SRXåLWê FKDUVHW 8Ni]ND YêKRG GDWRYČ RULHQWRYDQpKR ;0/ GRNXPHQWX %LQiUQt VRXERU Y SURSULHWiUQtP IRUPiWX 7H[WRYê VRXERU ;0/ GRNXPHQW -LQp ]SĤVRE\ ]iSLVX ;0/ GRNXPHQWX .RQWUROD ;0/ GRNXPHQWX -PHQQp SURVWRU\ ;0/ QDPHVSDFHV /LWHUDWXUD .DSLWROD =iNODGQt LQIRUPDFH
6WUXNWXUD SRþtWDþH ] SRKOHGX SURJUDPiWRUD
Ŷ SUR ]iNODGQt VWUXNWXUX VH VWiOH SRXåtYi DVL OHW VWDUp VFKpPD ]DYHGHQp YRQ 1HXPDQQHP
Ŷ 9VWXS ± NOiYHVQLFH VRXERU QD +' P\ã VFDQQHU þLGOD PLNURIRQ &' DWG
Ɣ SRVN\WXMH GDWD NH ]SUDFRYiQt SRþtWDþHP
Ŷ 9êVWXS ± REUD]RYND VRXERU QD +' SORWWHU Y\SDORYDþND UHSURGXNWRU\ DWG
Ɣ SURGXNXMH GDWD SUR XåLYDWHOH
3R]QiPND
6RXKUQQê Qi]HY SUR RED MH SHULIHUQt ]DĜt]HQt QHER ,2 LQSXWRXWSXW þL 99 YVWXSYêVWXS
Ŷ 3DPČĢ ± YQLWĜQt SDPČĢ 5$0
Ɣ XVFKRYiYi SURJUDP D GRþDVQi GDWD
Ŷ ěDGLþ ĜtGtFt MHGQRWND FRQWUROOHU
Ɣ SRGOH SURJUDPX GiYi SRN\Q\ NH ]SUDFRYiQt GDW D SURGXNXMH YêVWXSQt GDWD
Ŷ $/- ± DULWPHWLFNRORJLFNi MHGQRWND
Ɣ SRGOH SRN\QĤ ĜDGLþH SURYiGt MHGQRWOLYp YêSRþW\ D ]SUDFRYiQt GDW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW YLL
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ ~NROHP SURJUDPiWRUD MH QDSVDW SĜHGSLV SURJUDP SRVWXS DOJRULWPXV SUR ĜDGLþ WDN DE\ SURYHGO SR
åDGRYDQRX þLQQRVW
1XWQp ]QDORVWL R MHGQRWOLYêFK þiVWHFK
Ɣ YQČMãt SDPČĢ
Ƈ MH DVL NUiW SRPDOHMãt QHå YQLWĜQt
Ƈ NDSDFLWD MH MHGQRWN\ *% Då 7%
Ƈ SRXåtYDMt VH UĤ]Qp WHFKQRORJLH
3DPČĢ ± KDUGZDURYê SRKOHG
± HOHNWURQLFNp REYRG\ UĤ]Qp GUXK\ SDPČĢRYêFK NDUHW ± 6PDUW0HGLD&RPSDFW)ODVK DWG
Ŷ YåG\ MH WYRĜHQD SRVORXSQRVWt ELWĤ ELW
ELQDU\ GLJLW ]NUDWND E
± PDJQHWLFNê ]i]QDP SHYQp GLVN\ GLVNHW\ SiVN\
Ŷ QHMPHQãt þiVW SDPČWL NWHUi VH VWĜtGDYČ PĤåH QDFKi]HW YH GYRX UĤ]QêFK VWDELOQtFK VWDYHFK D WDN
XFKRYiYDW HOHPHQWiUQt MHGQRWNX LQIRUPDFH V KRGQRWDPL QHER ± RSWLFNê ]i]QDP &' '9' DWG
Ƈ ]SĤVRE DGUHVDFH ± þDVWR QH EDMW\ DOH YČWãt FHON\
Ŷ ELW MH SUR DGUHVRYiQt SĜtOLã PDOp PQRåVWYt LQIRUPDFH
VRXERU\
± SRMHP DGUHV\ MH VORåLWČMãt D XGiYi VH UĤ]QČ QDSĜ GLVN DGUHViĜ VRXERU SĜtSDGQČ L SR]LFH Y
VRXERUX
Ɣ ELW\ VH VGUXåXMt SR RVPLFtFK GR SDPČĢRYêFK PtVW QD]êYDQêFK EDMW E\WH Wpå VODELND ]NUDWND %
Ɣ NDSDFLWD SDPČWL VH XGiYi Y 0% QHER *%
± SURWRåH I\]LFNi DGUHVD PĤåH EêW XGiYiQD MDNR NRPELQDFH F\OLQGUX KODY\ D VHNWRUX XGiYi VH
QČNG\ NDSDFLWD Y PRFQLQiFK QH 9êVWUDKD
3DPČĢ ± VRIWZDURYê SRKOHG
3R]RU QD ]NUDWN\
. ÄNLOR³
N
a Ŷ WHUPtQ ELW VH SRXåtYi YH YtFH Yê]QDPHFK
0 ÄPHJD³
..
Ɣ MDNR HOHPHQWiUQt MHGQRWND LQIRUPDFH NWHUi ĜtNi NWHUi ]H GYRX PRåQRVWt QDVWDOD SUYQt QHER GUXKi
SUDYi QHER OHYi SUDYGD QHER QHSUDYGD DWG
a * ÄJLJD³
.0
a 7 WHUUD
00
a Ɣ MDNR MHGQD þtVOLFH þtVOD ]D]QDPHQDQpKR Y ELQiUQt WM GYRMNRYp VRXVWDYČ ELQiUQt UHVS GYRMNRYi
þtVOLFH
Ɣ MDNR QHMPHQãt þiVW SDPČWL SRþtWDþH ± YL] GĜtYH KDUGZDURYê SRKOHG
Ŷ GDWD MVRX LQIRUPDFH NWHUp MVRX Y SUĤEČKX YêSRþWX XORåHQ\ Y SDPČWL YQLWĜQt QHER YQČMãt
Ŷ UR]OLãXMHPH YQLWĜQt RSHUDþQt SDPČĢ D YQČMãt SDPČĢ
Ɣ W\S\ GDW þtVOD WH[W\ REUi]N\ ]YXN\ DWG
Ɣ YQLWĜQt SDPČĢ 5$0 ± 5DQGRP $FFHVV 0HPRU\
Ŷ DE\ PRKOD EêW GDWD XORåHQD YH YQLWĜQt SDPČWL PXVt EêW QDSĜHG SĜHYHGHQD ]DNyGRYiQD MDNR SRVORXSQRVW
ELWĤ
Ƈ VSUiYQČ 5$05:0 5HDG :ULWH 0HPRU\ YHUVXV 5$0520 5HDG 2QO\ 0HPRU\
VURYQHM V &'5: YHUVXV &'520
Ɣ ]iNODGQt SRVORXSQRVW RVPL ELWĤ EDMW MH þDVWR YHOLNRVWQČ QHGRVWDþXMtFt
Ƈ XPRåĖXMH U\FKOp þWHQt MHGQRWN\ QDQRVHNXQG D ]iSLV MHQ 5:0 XORåHQêFK GDW
Ŷ EDMW\ VH VGUXåXMt GR YČWãtFK FHONĤ ± VORY
Ƈ W\SLFNi YHOLNRVW 0% Då *%
Ɣ W\SLFN\ QHER E\WĤ GORXKêFK
Ƈ WHFKQRORJLFN\ MH GQHV Y\UiEČQD YêKUDGQČ ] HOHNWURQLFNêFK REYRGĤ
Ɣ R]QDþXMt VH : ZRUG ': GRXEOH ZRUG QHER 4: TXDG ZRUG
Ƈ ]SĤVRE DGUHVDFH ± YåG\ DGUHVXMHPH EDMW\
Q
Ŷ SRVORXSQRVW Q ELWĤ XPRåĖXMH ]REUD]LW FHONHP UĤ]QêFK KRGQRW
± NDåGê EDMW Pi VYRX DGUHVX
Ŷ SĜHKOHG YãHFK VRXYLVORVWt
± QH]iSRUQp FHOp þtVOR RG ± VORXåt SUR MHKR MHGQR]QDþQRX LGHQWLILNDFL
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW EDMWĤ
]NUDWND
ELWĤ
]REUD]HQêFK
KRGQRW
%
:
Ƈ VORåLWp SUREOpP\ VH FKiSRX MDNR NROHNFH MHGQRGXããtFK SUREOpPĤ
UR]VDK
':
4:
PD[ KRGQRWD
ĜiG
.
*
**
Ƈ WDN VH KLHUDUFKLFN\ SRVWXSXMH WDN GORXKR Då PiPH PQRåVWYt MHGQRGXFKêFK DNFt NWHUp O]H ]YOiGQRXW
GRVWXSQêPL SURVWĜHGN\
Ƈ NDåGê NURN GHNRPSR]LFH SRSLVXMH þiVW V\VWpPX Y SRGUREQČMãtFK GHWDLOHFK
Ƈ ~]FH VRXYLVt V PHWRGRORJLt QD]êYDQRX VKRUD GROĤ NG\ Y\MDGĜXMHPH ĜHãHQt Y WHUPtQHFK SRGSUREOpPĤ
MHMLFKå ĜHãHQt SRYDåXMHPH ]D PRåQp DOH ]DWtP MH QHĜHãtPH
± WDN KLHUDUFKLFN\ SRVWXSXMHPH GROĤ Då VH GRVWDQHPH QD MHGQRGXFKp DNFH Y\MiGĜLWHOQp SURJUDPR
YDFtP MD]\NHP
$/- ± DULWPHWLFNRORJLFNi MHGQRWND
Ŷ SRGOH SRN\QĤ ĜDGLþH SURYiGt MHGQRWOLYp YêSRþW\ UR]GČOHQp GR PLQLDWXUQtFK DWRPLFNêFK RSHUDFt QDSĜ
VHþWHQt GYRX þtVHO
Ŷ RSHUDFH MVRX SURYiGČQ\ Y UHJLVWUHFK
Ƈ RSDþQê SRVWXS ]GROD QDKRUX ± Y\WYiĜtPH QHMGĜtYH ]iNODGQt VWDYHEQt GtO\ ]H NWHUêFK VHVWDYXMHPH
Y\ããt FHON\
± PQRKHP PpQČ SRXåtYDQê SRVWXS
Ɣ DEVWUDNFH
Ɣ MHMLFK YHOLNRVW Y ELWHFK QLNG\ Y EDMWHFK XUþXMH W\S SRþtWDþH
Ƈ NRQFHSþQt ]MHGQRGXãHQt VORåLWpKR ]DQHGEiQtP QHGĤOHåLWêFK QHER QHUHDOL]RYDWHOQêFK GHWDLOĤ
Ƈ GQHV W\SLFN\ ELWRYp H[LVWXMt L ELWRYp
Ŷ QČNWHUp SURVWĜHGN\ SUR ]iSLV DOJRULWPX
$OJRULWPL]DFH
Ɣ SĜLUR]HQê MD]\N YêYRMRYp GLDJUDP\ SVHXGRMD]\N SURJUDPRYDFt MD]\N DWG
Ŷ ~NROHP SURJUDPiWRUD MH QDSVDW SĜHGSLV SURJUDP SRVWXS DOJRULWPXV SUR ĜDGLþ WDN DE\ SURYHGO SR
åDGRYDQRX þLQQRVW
Ŷ DOJRULWPXV
Ɣ SRVWXS SĜL ĜHãHQt XUþLWp WĜtG\ ~ORK NWHUê MH WYRĜHQ VH]QDPHP MHGQR]QDþQČ GHILQRYDQêFK SĜtND]Ĥ
Ɣ ]DUXþXMH åH SUR NDåGRX SĜtSXVWQRX NRPELQDFL YVWXSQtFK GDW VH SR SURYHGHQt NRQHþQpKR SRþWX NURNĤ
GRVSČMH N SRåDGRYDQêP YêVOHGNĤP
Ŷ YODVWQRVWL DOJRULWPX
Ɣ KURPDGQRVW QČNG\ QHQt SRåDGRYiQD
PČQLWHOQi YVWXSQt GDWD
Ɣ GHWHUPLQRYDQRVW
NDåGê NURN MH MHGQR]QDþQČ GHILQRYiQ
Ɣ NRQHþQRVW D UHVXOWDWLYQRVW
SUR SĜtSXVWQi YVWXSQt GDWD VH SR SURYHGHQt NRQHþQpKR SRþWX NURNĤ GRMGH N SRåDGRYDQêP YêVOHGNĤP
Ŷ DOJRULWPXV PĤåH EêW YHOPL MHGQRGXFKê L YHOPL VORåLWê
Ŷ SUR SĜHNRQiQt SRWtåt V UR]ViKOêPL ~ORKDPL VH SRXåtYDMt GYD ]iNODGQt SULQFLS\
Ɣ GHNRPSR]LFH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 6\VWHPRXWSULQWOQ$KRM
SRFLWDGOR
SRFLWDGOR 3ĜtNODG 8Ni]ND UĤ]QêFK ]iSLVĤ WULYLiOQtKR DOJRULWPX
`
ÒORKD 9\SLã GYDNUiW VORYR $KRM
3R]QiPND
Ŷ SĜLUR]HQê MD]\N
ÄYKRGQêP SĜtND]HP Y\SLã $KRM D SDN YKRGQêP SĜtND]HP Y\SLã $KRM³
1DGiOH EXGHPH ]DSLVRYDW DOJRULWP\ SURJUDPRYDFtP MD]\NHP
Ɣ GHNRPSR]LFH
YêKRGD ± VSXãWČQtP SURJUDPX O]H QHMVQDGQČML ]MLVWLW ]GD MH DOJRULWPXV ]DSViQ VSUiYQČ
ÄSĜtND] YêSLVX EXGH VPČURYiQ QD REUD]RYNX D SR YêSLVX VH RGĜiGNXMH³
3URJUDP\ D SURJUDPRYDFt MD]\N\
Ɣ DEVWUDNFH
Ŷ SURJUDP MH SĜHGSLV SUR SURYHGHQt XUþLWêFK DNFt SRþtWDþHP ]DSVDQê Y SURJUDPRYDFtP MD]\NX
Ƈ QH]DEêYiPH VH SRGUXåQRVWPL MDNR MH QDSĜ SRXåLWê IRQW EDUYD StVPD ]QDNRYi VDGD DSRG
Ƈ SURWRåH DOH Y NRQHþQpP YêVOHGNX PXVHMt EêW VSHFLILNRYiQ\ ĜHãtPH WR SRXåLWtP LPSOLFLWQtFK KRGQRW
Ŷ SURJUDPRYDFt MD]\N\
Ɣ VWURMRYČ RULHQWRYDQp
3R]QiPND
Ƈ VWURMRYê MD]\N
DOJRULWPXV MH IXQNþQt DOH SRVWUiGi YODVWQRVW KURPDGQRVWL
MD]\N I\]LFNpKR SURFHVRUX
Ƈ MD]\N DVHPEOHUX MD]\N V\PEROLFNêFK DGUHVLQVWUXNFt DVHPEOHU VWURMRYê MD]\N ]DSVDQê V\PEROLFN\
2SUDYD ÄY F\NOX GYDNUiW YKRGQêP SĜtND]HP Y\WLVNQL ĜHWČ]HF $KRM³
Ɣ Y\ããt MD]\N\
Ŷ YêYRMRYê GLDJUDP
Ƈ SURFHGXUiOQt SĜtND]RYp LPSHUDWLYQt
Ƈ QHSURFHGXUiOQt QDSĜ IXQNFLRQiOQt ± /LVS ORJLFNp ± 3URORJ
Ƈ MD]\N\ SUR VSHFLiOQt REODVWL QDSĜ 64/
Ŷ KODYQt U\V\ SURFHGXUiOQtFK MD]\NĤ QDSĜ & & & -DYD 3DVFDO %DVLF Ɣ ]SUDFRYiYDQp ~GDMH PDMt IRUPX GDWRYêFK REMHNWĤ UĤ]QêFK W\SĤ NWHUp MVRX Y SURJUDPX UHSUH]HQWRYiQ\
SRPRFt SURPČQQêFK UHVS NRQVWDQW
Ɣ SURJUDP REVDKXMH GHNODUDFH D SĜtND]\
Ɣ GHNODUDFH GHILQXMt Yê]QDP MPHQ LGHQWLILNiWRUĤ
Ɣ SĜtND]\ SĜHGHSLVXMt DNFH V GDWRYêPL REMHNW\ QHER ]SĤVRE Ĝt]HQt YêSRþWX
6\QWD[H D VpPDQWLND SURJUDPRYDFtFK MD]\NĤ
Ŷ SVHXGRMD]\N
SRFLWDGOR
GRNXG SODWt SRFLWDGOR EHJLQ
SULQWOQ$KRM
LQNUHPHQWXM SRFLWDGOR
HQG
Ŷ 6\QWD[H
SURYiGČM
Ɣ VRXKUQ SUDYLGHO XGiYDMtFtFK SĜtSXVWQp WYDU\ GtOþtFK NRQVWUXNFt D FHOpKR SURJUDPX
Ɣ SURVWĜHGN\ SUR SRSLV
Ƈ V\QWDNWLFNp GLDJUDP\
Ŷ SURJUDPRYDFt MD]\N
SRFLWDGOR
ZKLOH SRFLWDGOR ^
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜtNODG ,GHQWLILNiWRU MH SRVORXSQRVW StVPHQ D þtVOLF ]DþtQDMtFt StVPHQHP
,PSOHPHQWDFH SURJUDPRYDFtFK MD]\NĤ
'YČ ]iNODGQt PHWRG\
Ŷ LQWHUSUHWDþQt
Ɣ YČWãt SĜHQRVLWHOQRVW SURJUDPĤ DOH PHQãt U\FKORVW V\QWDNWLFNp FK\E\ RGKDOHQ\ Då SĜL VSXãWČQt
Ŷ NRPSLODþQt
Ɣ QXORYi SĜHQRVLWHOQRVW PH]L SODWIRUPDPL YČWãt U\FKORVW V\QWDNWLFNp FK\E\ RGKDOHQ\ SĜL SĜHNODGX
SODWIRUPD SURFHVRU RSHUDþQt V\VWpP
Ƈ UĤ]Qp IRUP\ %DFNXV1DXURY\ IRUP\ %1)
± UR]ãtĜHQi %DFNXV1DXURYD IRUPD ± (%1)
3ĜtNODG ,GHQWLILNiWRU MH SRVORXSQRVW StVPHQ D þtVOLF ]DþtQDMtFt StVPHQHP
Ŷ REČ PHWRG\ VH GDMt NRPELQRYDW
LGHQWLILNiWRU
StVPHQR ^StVPHQR _ þtVOLFH`
StVPHQR
$
_
%
_
&
_
'
_
(
_ _
;
_
<
_
=
þtVOLFH
_
_
_
_
_
_
_
_
_
ÒYRG GR MD]\ND -DYD
Ŷ MD]\N -DYD MH SĜtNODGHP NRPELQDFH NRPSLODþQt D LQWHUSUHWDþQt PHWRG\
± 1HWHUPLQiO\
LGHQWLILNiWRU StVPHQR þtVOLFH
± 7HUPLQiO\
µ$¶ µ%¶ µ¶ µ¶ ± 9ê]QDP PHWDV\PEROĤ
^[`
åiGQê QHER QČNROLN YêVN\WĤ [
[_\
[ QHER \
Ŷ 6pPDQWLND
Ɣ SURJUDP MH WYRĜHQ MHGQtP QHER QČNROLND ]GURMRYêPL VRXERU\ V SĜtSRQRX MDYD
Ɣ XGiYi Yê]QDP MHGQRWOLYêFK NRQVWUXNFt
Ɣ ]GURMRYp VRXERU\ VH SĜHORåt SĜHNODGDþHP MDYDF Y WHUPLQRORJLL ILUP\ 6XQ MH WR NRPSLOiWRU GR YQLWĜQt
IRUP\ E\WH FRGH EDMWNyG NWHUi MH SODWIRUPRYČ QH]iYLVOi
Ɣ SURVWĜHGN\ SUR SRSLV ± REY\NOH SRSViQD VORYQČ
Ƈ SĜHNODGHP VRXERUX -PHQRMDYD Y]QLNQH VRXERU V Qi]YHP -PHQRFODVV
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ LQWHUSUHWDFL YQLWĜQt IRUP\ SURYHGH SURJUDP MDYD -90 ± -DYD 9LUWXDO 0DFKLQH
Ƈ Y\XåLMHPH SRX]H RPH]HQRX þiVW ]iNODGQtFK PRåQRVWt
Ɣ SURJUDP REY\NOH Y\XåtYi ĜDGX NQLKRYHQ -DYD &RUH $3, ± $SSOLFDWLRQ 3URJUDPPLQJ ,QWHUIDFH NWHUp
MH WĜHED PtW N GLVSR]LFL MDN SĜL SĜHNODGX WDN SĜL LQWHUSUHWDFL
Ƈ -90 -DYD &RUH $3,
3UYQt SURJUDP Y -DYČ
-DYD SODWIRUPD
Y\StãH GDQê WH[W QD REUD]RYNX
Ɣ U\FKORVW LQWHUSUHWRYDQp -DY\ D NRPSLORYDQpKR MD]\ND QDSĜ & MH VURYQDWHOQi
SXEOLF FODVV 3UYQL3URJUDP ^
SXEOLF VWDWLF YRLG PDLQ6WULQJ>@ DUJV ^
6\VWHPRXWSULQWOQ$KRM WRWR MH SUYQL SURJUDP
`
`
Ƈ WHFKQRORJLH -,7 -XVW ,Q 7LPH D +RW6SRW
9êYRMRYp SURVWĜHGN\
GRSRUXþHQp WM QDLQVWDORYDQp Y SRþtWDþRYp XþHEQČ MVRX GYD SURVWĜHGN\
SR SĜHNODGX
RED MVRX YROQČ ãLĜLWHOQp D MVRX GRVWXSQp QD SRVN\WQXWpP &'
MDYDF 3UYQL3URJUDPMDYD
-'. 6FL7H SĜtND]RYi ĜiGND ± EXGHPH SRXåtYDW SĜL QČNROLND SUYQtFK FYLþHQtFK
D VSXãWČQt
Ŷ -'. -DYD 'HYHORSPHQW .LW ± ]iNODGQt SURJUDP\ SRVN\WRYDQp ILUPRX 6XQ
MDYD 3UYQL3URJUDP
N GLVSR]LFL QD KWWSMDYDVXQFRP
VH QD REUD]RYNX Y\StãH
Ŷ 6FL7H ± MHGQRGXFKê HGLWRU VH ]iNODGQt SRGSRURX -DY\
$KRM WRWR MH SUYQL SURJUDP
N GLVSR]LFL QD KWWSZZZVFLQWLOODRUJ
Ŷ QHMMHGQRGXããt SURJUDP Y MD]\NX -DYD MH WYRĜHQ MHGQtP ]GURMRYêP VRXERUHP
Ŷ 9êKRG\
Ɣ QDSURVWi NRQWUROD QDG ]GURMRYêP VRXERUHP MHGQRGXFKp SUR QDXþHQt PLQLPiOQt V\VWpPRYp QiURN\
HGLWRU MH YKRGQê L SUR RSHUDFH V MLQêPL W\S\ VRXERUĤ
Ŷ 1HYêKRG\
Ŷ REVDKXMH GHNODUDFL YHĜHMQp WĜtG\ SXEOLF FODVV SRMPHQRYDQp 3UYQL3URJUDP
Ɣ .RQYHQFH ÄãWiEQt NXOWXUD³
Ƈ MPpQD WĜtG VH Stãt V SUYQtP YHONêP StVPHQHP
Ɣ SUR VORåLWČMãt SURJUDP\ WČåNRSiGQp SĜLFKi]tPH R YêKRGX SRGSRU\ PRGHUQtFK YêYRMRYêFK SURVWĜHGNĤ
PpQČ NRPIRUWQt SURJUDPRYiQt
Ƈ YQRĜHQp ~VHN\ NyGX VH RGVD]XMt LGHiOQČ GYČPD PH]HUDPL QH WDEXOiWRUHP
Ŷ Y Qt MH GHNODURYiQD KODYQt PHWRGD IXQNFH PDLQ
(FOLSVH ± EXGHPH SRXåtYDW RG ]KUXED GUXKp WĜHWLQ\ VHPHVWUX
Ɣ MH WR YHĜHMQi VWDWLFNi PHWRGD SXEOLF VWDWLF PHWKRG
Ŷ 5$' 5DSLG $SSOLFDWLRQ 'HYHORSPHQW QiVWURM ãSLþNRYp SURIHVLRQiOQt NYDOLW\
Ɣ MHMt SUYQt ĜiGHN VH QD]êYi KODYLþND PHWRG\
N GLVSR]LFL QD KWWSZZZHFOLSVHRUJSODWIRUP
Ɣ NOtþRYp VORYR YRLG Y\MDGĜXMH åH PHWRGD QHYUDFt åiGQRX KRGQRWX MGH R SURFHGXUX
Ŷ 9êKRG\
Ɣ SR ]DFYLþHQt D SR]QiQt L ]iNODGQtFK PRåQRVWt YêUD]QČ ]Y\ãXMH SURGXNWLYLWX D NRPIRUW SURJUDPRYiQt
Ɣ Y ]iYRUNiFK MH VSHFLILNDFH IRUPiOQtKR SDUDPHWUX 6WULQJ>@ DUJV NWHUê ]SRþiWNX QHY\XåLMHPH
Ŷ ]GURMRYê VRXERU PXVt PtW MPpQR VKRGQp VH MPpQHP YHĜHMQp WĜtG\ D SĜtSRQX MDYD WHG\ 3UYQL3UR
JUDPMDYD
Ƈ Yê]QDPQi SRPRF SĜL ODGČQt GHEXJ
Ɣ RGKDG\ ]DORåHQp QD ]NXãHQRVWL ĜtNDMt åH SUR ]NXãHQpKR SURJUDPiWRUD SRXåLWtP NYDOLWQtKR 5$'
VH HIHNWLYLWD ]Y\ãXMH Då NUiW
Ɣ MDNêNROLY MLQê Qi]HY YþHWQČ SUYQLSURJUDPMDYD MH FK\EQê
9êVWUDKD
Ŷ 1HYêKRG\
-DYD GĤVOHGQČ UR]OLãXMH PDOi D YHONi StVPHQD FDVH VHQVLWLYH
Ɣ SUR ]DþiWHþQtND NRPSOLNRYDQp SURVWĜHGt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ ]QDþQp V\VWpPRYp QiURN\ ]HMPpQD QD RSHUDþQt SDPČĢ PLQ 0% OpSH 0%
3ĜHGQiãN\ .,933$ 3DYHO +HURXW LPSRUW MDYDDZW
'UXKê SURJUDP
SXEOLF FODVV .UHVOHQL ^
LQLFLDOL]DFH VLUND
Y\VND
EDUYD SR]DGL
'UDZLQJ7RRO GW
QHZ 'UDZLQJ7RRO
&RORU:+,7( WUXH
QDVWDYHQL EDUY\ FDU\ QD FHUQRX
GWVHW&RORU&RORU%/$&.
QDNUHVOHQL XKORSULFN\ ] OHYHKR KRUQLKR URKX > @
GR SUDYHKR GROQLKR URKX > @
GWOLQH `
`
Y\StãH GDQê WH[W GYDNUiW QNUiW QD REUD]RYNX
SXEOLF FODVV 'UXK\3URJUDP ^
LQW Q
LQW SRFLWDGOR
ZKLOH SRFLWDGOR Q ^
6\VWHPRXWSULQWOQ$KRM
SRFLWDGOR
SRFLWDGOR `
`
`
ELOD
SR SĜHNODGX
-HGQRGXFKê JUDILFNê QiVWURM 'UDZLQJ7RRO
MDYDF .UHVOHQLMDYD
Ŷ EXGH VORXåLW SUR YL]XDOL]DFL YêVWXSĤ PQRKD SURJUDPĤ QD FYLþHQtFK
D VSXãWČQt
Ɣ E\O Y\WYRĜHQ LQJ 7HVDĜHP ] .,9 MDNR SRPĤFND SUR 33$
MDYD .UHVOHQL
Ɣ SRGUREQê QiYRG MH Y VRXERUX 'UDZLQJ7RROSGI
Y\NUHVOt
Ŷ YHOPL MHGQRGXFKê ± MH PRåQp
Ɣ MHGQRUi]RYČ ]YROLW YHOLNRVW NUHVOtFtKR SOiWQD
Ɣ MHGQRUi]RYČ QDVWDYLW EDUYX SR]DGt
Ɣ QDNUHVOLW þiUX WORXãĢN\ SL[HO ] SRþiWHþQtKR ERGX GR NRQFRYpKR ERGX
Ɣ QDVWDYLW EDUYX þiU\
Ƈ QDVWDYHQRX EDUYRX þiU\ VH NUHVOt Då GR MHMt GDOãt ]PČQ\
Ŷ SRXåtYi NDUWp]VNp VRXĜDGQLFH
Ɣ ERG > @ OHåt Y OHYpP KRUQtP URKX
Ɣ VRXĜDGQLFH [ URVWH GRSUDYD
Ɣ VRXĜDGQLFH \ URVWH GROĤ
Ŷ EDUY\ MVRX SRSViQ\ SRPRFt SĜtND]X LPSRUW MDYDDZW
Ɣ N GLVSR]LFL MVRX
&RORU%/$&. &RORU5(' &RORU3,1. &RORU25$1*( &RORU<(//2: &RORU*5((1 &R
ORU0$*(17$ &RORU&<$1 &RORU%/8( &RORU*5$<
Ŷ SUR SRXåLWt Y SURJUDPX SRWĜHEXMHPH VRXERU 'UDZLQJ7RROMDYD XORåHQê YH VWHMQpP DGUHViĜL MDNR Qiã
]GURMRYê VRXERU
Ŷ SĜtNODG SRXåLWt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ ]iNODGHP VRXVWDY\ MH .DSLWROD 5HSUH]HQWDFH GDW GDWRYp W\S\
Ŷ þtVOR VH QČNG\ ]DSLVXMH MDNR % PtVWR ]QiPpKR ýtVHOQp VRXVWDY\
Ŷ DULWPHWLFNp RSHUDFH
Ŷ SRO\DGLFNp ± ]REUD]HQp PQRKRþOHQHP
Ɣ GĤOHåLWp SRX]H VþtWiQt
Ŷ þtVOLFH WYRĜtFt ]iSLV þtVOD MVRX NRHILFLHQW\ SRO\QRPX REVDKXMtFtKR PRFQLQ\ ]iNODGX
Ɣ RGþtWiQt MH SĜLþWHQt ]iSRUQpKR þtVOD
Ŷ ]iNODGHP VRXVWDY\ PĤåH EêW OLERYROQp SĜLUR]HQp þtVOR YČWãt QHå Ɣ QiVREHQt MH RSDNRYDQp VþtWiQt
Ŷ SRVORXSQRVW þtVOLF FQ FQ « F F F F F « FP Y VRXVWDYČ R ]iNODGX ] UHSUH]HQWXMH þtVOR
Ɣ GČOHQt MH RSDNRYDQp SĜLþtWiQt ]iSRUQpKR þtVOD
Q
Q
FQ ] FQ ]
« F ] F ] F ] F ] F ] « FP ]
Ŷ SULQFLS VþtWiQt
P
QDSĜ
Ŷ þDVWê RP\O MH åH WDNWR O]H ]DSVDW SRX]H FHOp þtVOR
Ŷ QDSĜ
Ŷ PĤåHOL EêW SRFK\EQRVW R ]iNODGX VRXVWDY\ ]DSLVXMH VH þtVOR MDNR
FQ FQ « F F F F F « FP]
QDSĜ
$%)
Ŷ SUR FHOi þtVOD SODWt
Ŷ SĜHYRG ] GHVtWNRYp VRXVWDY\ GR GYRMNRYp Ɣ NDSDFLWD VRXVWDY\ .
Q
]
Ɣ QHMYČWãt KRGQRWD VRXVWDY\ 1PD[
Q
] ±
[F
[G
3ĜtNODG 1HMYČWãt þtVOR GHVtWNRYp VRXVWDY\ QD WĜL ĜiGRYi PtVWD
SĜHYiGtPH RGGČOHQČ FHORX þiVW GČOtPH GYČPD D GHVHWLQQRX þiVW QiVREtPH GYČPD
] Q 1PD[
[F
.
Ŷ Yê]QDPQp VRXVWDY\ ] KOHGLVND SRþtWDþĤ
[F [F [G
[G Ɣ GYRMNRYi ELQiUQt
FHORX þiVW VHSLVXMHPH SR]SiWNX Ɣ RVPLþNRYi RNWDORYi
GHVHWLQQRX þiVW VHSLVXMHPH SRSĜHGX Ɣ ãHVWQiFWNRYi KH[DGHFLPiOQt
GRKURPDG\ % a '
Ŷ Yê]QDPQp VRXVWDY\ ] KOHGLVND OLGt
âHVWQiFWNRYi KH[DGHFLPiOQt VRXVWDYD
Ɣ GHVtWNRYi GHNDGLFNi
Ŷ ]iNODG MH 'YRMNRYi ELQiUQt VRXVWDYD
Ŷ SRXåtYi VH Y WH[WHFK D YêSLVHFK ± MH OpSH þLWHOQi D [ ~VSRUQČMãt QHå ELQiUQt
Ŷ QDWLYQt VRXVWDYD SUR SRþtWDþH ± RGSRYtGi I\]LNiOQt SRGVWDWČ SDPČWt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ SRXåtYDQp þtVOLFH Då D $ Då ) YH Yê]QDPX Då ± PRåQR L D Då I QHSRXåtYDW
1HMGĤOHåLWČMãt GDWRYp W\S\
Ŷ þtVOR VH þDVWR ]DSLVXMH MDNR $%+ PtVWR ]QiPpKR $%
3R]QiPND
Ŷ SĜHYRG ] GYRMNRYp QD ãHVWQiFWNRYRX
3RGUREQê YêNODG EXGH XYHGHQ ] þDVRYêFK GĤYRGĤ Y MHGQp ] SRVOHGQtFK SĜHGQiãHN
Ɣ UR]GČOtPH þtVOR QD þWYHĜLFH RG SUDYD GR OHYD
3R]QiPND
Ɣ NDåGi þWYHĜLFH MH MHGQD ãHVWQiFWNRYi þtVOLFH
Ɣ 3ĜtNODG\ X FHOêFK þtVHO MVRX XGiYiQ\ QD RVPL ELWHFK 3UR YČWãt UR]VDK\ SODWt W\Wpå SULQFLS\
&
&HORþtVHOQp EH]]QDPpQNRYp
2VPLþNRYi RNWDORYi VRXVWDYD
Ŷ ]iNODG MH Ŷ ]iSLV YH GYRMNRYp VRXVWDYČ ]DURYQDQê QD QiVREN\ EDMWĤ QČNG\ QD]êYDQê ÄSĜtPê NyG³
Ŷ SRX]H SUR QH]iSRUQi þtVOD XQVLJQHG
Ŷ SRXåtYi VH SRX]H ] KLVWRULFNêFK GĤYRGĤ
Ŷ QDSĜ Ŷ SRXåtYDQp þtVOLFH Då QHER Ŷ Y -DYČ QHH[LVWXMH
.yGRYiQt DQHE GDWD Y SRþtWDþL
&HORþtVHOQp ]QDPpQNRYp YH GYRMNRYpP GRSOĖNX
Ŷ GDWD SĜHYiGtPH QD SRVORXSQRVW ELWĤ UHVSHNWLYH EDMWĤ W]Q MH SHYQČ GDQê UR]VDK SRþHW ĜiGĤ
Ŷ Y SURJUDPRYDFtFK MD]\FtFK YêKUDGQČ SRXåtYDQp ]REUD]HQt FHOêFK ]QDPpQNRYêFK þtVHO
Ɣ QHYê]QDPRYp QXO\ MVRX GĤOHåLWp
Ŷ NODGQi þtVOD VWHMQi MDNR X EH]]QDPpQNRYpKR
Ŷ SĜHYRG VH QD]êYi NyGRYiQt
Ŷ ]iSRUQi ± ]PČQt VH KRGQRW\ MHGQRWOLYêFK ELWĤ D SĜLþWH VH QDSĜ
=iNODGQt GČOHQt NyGĤ GDWRYêFK W\SĤ
Ɣ Ɣ a Ŷ þtVHOQp
5HiOQp
Ɣ FHORþtVHOQp
Ƈ EH]QDPpQNRYp
Ŷ DSUR[LPDFH UHiOQêFK þtVHO ± þtVOR QHPXVt EêW ]REUD]HQR ]FHOD SĜHVQČ UR]GtO RG FHORþtVHOQêFK
Ƈ ]QDPpQNRYp
Ŷ Wpå Ä]REUD]HQt Y SRK\EOLYp ĜiGRYp þiUFH³ IORDWLQJ SRLQW
Ŷ GOH ,((( QD EDMWHFK IORDW ± YL] GiOH QHER QD EDMWHFK GRXEOH
± SĜtPê NyG
± LQYHU]Qt NyG
± GRSOĖNRYê NyG
± NyG V SRVXQXWRX QXORX
Ɣ UHiOQp
Ŷ PQRKHP NRPSOLNRYDQČMãt QHå FHOi þtVOD
Ƈ Y MHGQRGXFKp SĜHVQRVWL
Ɣ SRXåtYDW V UR]P\VOHP MHQ WDP NGH QHVWDþt FHOp þtVOR
Ƈ YH GYRMQiVREQp SĜHVQRVWL
Ɣ QHSRURYQiYDW QDY]iMHP QD URYQRVW
Ŷ ]QDNRYp
Ŷ ORJLFNp ERROHRYVNp
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW =QDNRYp
Ŷ V GDW\ SUDFXMHPH MDNR V KRGQRWDPL UĤ]QêFK GDWRYêFK W\SĤ NWHUp MVRX XORåHQ\ Y GDWRYêFK REMHNWHFK
Ŷ SĜLĜD]XMt NDåGpPX ]QDNX ]YROHQp DEHFHG\ QH]iSRUQp FHOp þtVOR
Ŷ SULPLWLYQt GDWRYp W\S\ Wpå ]iNODGQt QHER MHGQRGXFKp ± SĜHGVWDYXMt NROHNFL FHOêFK D UHiOQêFK þtVHO
]QDNĤ D ERROHRYVNêFK KRGQRW
Ŷ H[LVWXMH D SRXåtYi VH PQRKR NyGĤ SRGUREQČ SR]GČML
Ɣ Y\VN\WXMt VH Y NDåGpP SURJUDPRYDFtP MD]\FH D MPHQXMt VH SĜLEOLåQČ VWHMQČ LQW YHUVXV LQWHJHU
Ɣ þHVNê WH[W EČåQČ Y UĤ]QêFK NyGRYiQtFK
Ŷ GDWRYê W\S VSHFLILNXMH
Ŷ ]iNODGQt NyG\
Ɣ PQRåLQD KRGQRW QDSĜ FHOi þtVOD ] LQWHUYDOX Då Ɣ $6&,, $PHULFDQ 6WDQGDUG &RGH IRU ,QIRUPDWLRQ ,QWHUFKDQJH ± ELWRYê NyG SUR DQJOLFNRX DEHFHGX
QHMY\ããt ELW EDMWX 06% ± 0RVW 6LJQLILFDQW %LW MH YåG\ QXORYê
Ɣ PQRåLQD RSHUDFt NWHUp O]H V GDWRYêP W\SHP SURYiGČW QDSĜ
Ƈ DULWPHWLFNp RSHUDFH ± VþtWiQt RGþtWiQt QiVREHQt GČOHQt FHORþtVHOQp D PRGXOR
Ƈ ]iNODG NWHUê YãHFKQ\ GDOãt NyGRYiQt UR]ãLĜXMt
± YêVOHGNHP MH WHQWêå GDWRYê W\S
Ƈ SRXåtYDQp ]QDN\ ]DþtQDMt RG þtVOD + ' ]QDNHP PH]HUD!
Ƈ UHODþQt RSHUDFH ± URYQR QHURYQR PHQãt YČWãt DSRG
Ƈ þtVOLFH MVRX RG + ' a GR + ' a ± YêVOHGNHP MH ERROHRYVNi KRGQRWD
Ƈ YHONi QHDNFHQWRYDQi StVPHQD MVRX RG + ' a $ GR $+ ' a =
Ƈ ELWRYp RSHUDFH ± SRVXY\ URWDFH PiORNG\ SRXåtYDQp
Ƈ PDOi QHDNFHQWRYDQi StVPHQD MVRX RG + ' a D GR $+ ' a ]
± YêVOHGNHP MH WHQWêå GDWRYê W\S
Ɣ 8QLFRGH ± QHSĜHVQp VRXKUQQp R]QDþHQt SUR ELWRYê NyG YQLWĜQČ SRXåtYiQ Y -DYČ
'DWRYp W\S\ Y -DYČ
9êVWUDKD
-H UR]GtO PH]L MHGQRFLIHUQêP þtVOHP D þtVOLFt WM ]QDNHP
Ŷ NRQVWDQWiP VH ĜtNi OLWHUiO\ ± UR]GtO PH]L SURPČQQRX V NRQVWDQWQt KRGQRWRX YL] GiOH D OLWHUiOHP
Ŷ MHGQRFLIHUQp þtVOR QDSĜ Pi Y MHGQRP EDMWX REUD] Ŷ SR]RU QD SULPLWLYQt GDWRYp W\S\ YåG\ PDOêPL StVPHQ\ D MHMLFK REDORYDFt WĜtG\ ZUDSHU FODVV SUYQt
StVPHQR YHONp
Ŷ þtVOLFH Pi REUD] QDSĜ E\WH YHUVXV %\WH
Ɣ þtVOLFH SĜLFKi]HMt ] NOiYHVQLFH D SĜHG SRXåLWtP Y SURJUDPX MDNR þtVOR VH PXVt SĜHYpVW
&HORþtVHOQp W\S\ D MHMLFK NRQVWDQW\
Ƈ SĜHYRG VH SURYHGH RGHþWHQtP +
Ɣ QDRSDN SR YêSRþWX FKFHPH þtVOR Y\SVDW QD REUD]RYNX MDNR ]QDN D MH RSČW QXWQê SĜHYRG
Ŷ SRX]H ]QDPpQNRYp YH GYRMNRYpP GRSOĖNX
Ƈ SĜHYRG VH SURYHGH SĜLþWHQtP +
Ɣ QHO]H SRXåtW QH]QDPpQNRYi FHOi þtVOD
/RJLFNp
Ŷ FHORþtVHOQp W\S\ VH RG VHEH OLãt SRX]H VYRMt YHOLNRVWt D WtP L UR]VDKHP ]REUD]LWHOQêFK þtVHO
Ŷ Wpå ERROHRYVNp SRGOH SDQD %RROHKR %RROHRYD DOJHEUD
Ɣ E\WH E Då Ŷ XNOiGDMt MHQ GYČ KRGQRW\ ± WUXH SUDYGD ORJLFNi D IDOVH QHSUDYGD ORJLFNi QXOD
Ɣ VKRUW E Då Ŷ SUDNWLFN\ VH UHDOL]XMt SRPRFt FHORþtVHOQpKR EH]]QDPpQNRYpKR W\SX
Ɣ LQW E Då 'DWRYp W\S\
Ɣ ORQJ E Då 3R]QiPND
Ŷ YH Y\ããtFK SURJUDPRYDFtFK MD]\FtFK DEVWUDKXMHPH RG ELQiUQt SRGRE\ GDW Y SDPČWL SRþtWDþH
9 ]DþiWFtFK SURJUDPRYiQt SRXåtYDW MHQ LQW
Ŷ Y\XåtYDMt VH NyG\ WM GDWRYp W\S\ ]PtQČQp GĜtYH
Ŷ FHORþtVHOQp NRQVWDQW\ PRKRX EêW ]DSViQ\ YH WĜHFK þtVHOQêFK VRXVWDYiFK
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ GHVtWNRYp ± SRVORXSQRVW þtVOLF Då ] QLFKå SUYQt QHVPt EêW SRVORXSQRVWt ?X;;;;
NGH ;;;; MVRX ãHVWQiFWNRYp þtVOLFH NyGRYêFK ERGĤ 8QLFRGH
QDSĜ Ɣ WHQWR ]iSLV VH þDVWR SRXåtYi Y SĜtSDGČ DNFHQWRYDQêFK ]QDNĤ ± REUDQD SURWL UĤ]QêP NyGRYiQtP
þHãWLQ\ YH ]GURMRYêFK VRXERUHFK
Ɣ RVPLþNRYp ± þtVOLFH QXOD QiVOHGRYDQi SRVORXSQRVWt RVPLþNRYêFK þtVOLF Då Ɣ O]H WDN DOH ]DSVDW OLERYROQê ]QDN
QDSĜ Ɣ ãHVWQiFWNRYp ± þtVOLFH QXOD QiVOHGRYDQi ]QDNHP [ QHER ; D SRVORXSQRVWt ãHVWQiFWNRYêFK þtVOLF
Då D Då I QHER $ Då )
QDSĜ [ ; [$ ;&' [&' [&G [ [
?U
a ?X'
QiYUDW QD ]DþiWHN ĜiGN\ FDUULDJH UHWXUQ ± &5!
?W
a ?X
WDEXOiWRU WDE ± +7!
Ŷ IORDW D GRXEOH ± VWDQGDUG ,((( YL] YêãH
?E
a ?X
SRVXQ GROHYD EDFNVSDFH ± %6!
Ɣ SUDNWLFN\ SRXåtYDW SRX]H GRXEOH NWHUê MH QD ELWHFK R UR]VDKX DVL ( Då (
??
a ?X&
]SČWQp ORPtWNR EDFNVODVK
Ŷ UHiOQp NRQVWDQW\ PRKRX ]DþtQDW D NRQþLW GHVHWLQRX WHþNRX REVDKRYDW ]QDPpQND H[SRQHQW\ DWG
?
a ?X&
DSRVWURI VLQJOH TXRWH
QDSĜ H ( ( (
?
a ?X
XYR]RYN\ TXRWH
Ɣ UHiOQi NRQVWDQWD MH DXWRPDWLFN\ W\SX GRXEOH
Ŷ ]QDN\ &5! /)! WDEXOiWRU! %6! PH]HUD! VH VRXKUQQČ QD]êYDMt EtOp ]QDN\ ZKLWH VSDFHV
3R]QiPND
Ɣ Y\VN\WXMt VH EČåQČ Y WH[WRYêFK VRXERUHFK
SĜL RSHUDFtFK V UHiOQêPL þtVO\ PĤåH YêVOHGHN RSHUDFH QDEêW QČNROLND ÄQHQRUPiOQtFK³ KRGQRW NWHUp
DOH QHMVRX FK\ERYp
7H[WRYp YHUVXV ELQiUQt VRXERU\
NODGQp D ]iSRUQp QHNRQHþQR ± 'RXEOH326,7,9(B,1),1,7< D 'RXEOH1(*$7,9(B,1),
1,7<
Ŷ WH[WRYp VRXERU\
Ɣ þLWHOQp EČåQêP HGLWRUHP 1RWHSDG 6FL7H DSRG SURWRåH REVDKXMt MHQ ]REUD]LWHOQp ]QDN\ D EtOp
]QDN\
1D1 1RW D 1XPEHU ± 'RXEOH1D1
Ŷ PD[LPiOQt D PLQLPiOQt KRGQRW\ FHORþtVHOQêFK L UHiOQêFK W\SĤ O]H ]tVNDW SRPRFt NRQVWDQW 0,1B9$/8(
D 0$;B9$/8( QDSĜ
Ɣ RUJDQL]RYiQ\ SR ĜiGFtFK ĜiGN\ XNRQþHQ\ &5!/)! :LQGRZV QHER MHQ /)! 8QL[
Ɣ MH ]iOHåLWRVWt HGLWRUX ]GD VSUiYQČ UR]SR]Qi XNRQþHQt ĜiGN\ ] MLQp SODWIRUP\
,QWHJHU0,1B9$/8(
GRXEOH G
ÄHVFDSH³ VHNYHQFt
?Q
a ?X$
QRYi ĜiGND QHZOLQH OLQHIHHG ± /)!
5HiOQp GDWRYp W\S\ D MHMLFK NRQVWDQW\
LQW L
QDSĜ ?X&
a È
?X(
a i
?X%
a Č
?X
a $
Ɣ VQDGQê SĜHYRG SRPRFt 6FL7H
'RXEOH0$;B9$/8(
Ƈ SRåDGRYDQp XNRQþHQt ĜiGNX VH ]YROt Y 1DVWDYHQt.RQFH ĜiGNĤ
=QDNRYê W\S D MHKR NRQVWDQW\
Ƈ ]iPČQD VH SURYHGH SRPRFt 1DVWDYHQt3ĜHYpVW NRQFH ĜiGNĤ
Ŷ SRX]H MHGHQ ± FKDU D Pi YHOLNRVW ELWĤ
Ŷ ELQiUQt VRXERU\
Ŷ -DYD YQLWĜQČ SUDFXMH VH ]QDN\ Y NyGRYiQt 8QLFRGH ± WR MHGQR]QDþQČ ĜHãt SUREOpP\ V UĤ]QêPL NyGRYi
QtPL þHãWLQ\
Ɣ Y EČåQpP HGLWRUX VH REMHYt QHþLWHOQê YêSLV SURWRåH REVDKXMt YãHFKQ\ PRåQp KRGQRW\ EDMWĤ
Ɣ MH WĜHED SRXåtW ELQiUQt SURKOtåHþ NWHUê REVDK ]REUD]t QHMþDVWČML MDNR KH[D þtVOD
Ŷ ]QDNRYp NRQVWDQW\ MVRX YåG\ X]DYĜHQ\ GR DSRVWURIĤ D PRKRX EêW SĜHGVWDYRYiQ\
Ɣ H[LVWXMt L ELQiUQt HGLWRU\ NGH O]H KH[D þtVOD PČQLW
MHGQtP ]QDNHP ± Y SĜtSDGČ QHDNFHQWRYDQêFK ]QDNĤ EČåQČ GRVWXSQêFK QD NOiYHVQLFL
Ƈ MH MLFK PQRKHP PpQČ QHå WH[WRYêFK HGLWRUĤ D MVRX XUþHQ\ SUR SURIHVLRQiO\
QDSĜ $
Ƈ QHSRXåtYDW SRNXG SĜHVQČ QHYtPH FR GČOiPH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW ěHWČ]FRYp NRQVWDQW\
Ŷ ]DWtP EXGHPH SRXåtYDW SRX]H SUR YêSLV\
Ŷ MDNR QH]QDPpQNRYp FHOp þtVOR MH XORåHQR Y MHGQRP EDMWX
Ŷ MVRX VORåHQ\ ]H ]QDNĤ
Ŷ WYRĜt VH VWHMQČ MDNR VH WYRĜt ]QDNRYp NRQVWDQW\ SRX]H MVRX X]DYĜHQ\ GR XYR]RYHN
Ŷ QHH[LVWXMH MHGQRGXFKê SĜHYRG W\SX ÄRGHþtVW +³ MDNR X ]QDNĤ
QDSĜ W\SLFN\ SRFHW VWXGHQWX
Ŷ QDãWČVWt PDMt SURJUDPRYDFt MD]\N\ YVWXSQt D YêVWXSQt IXQNFH NWHUp WHQWR SĜHYRG SURYiGČMt YtFH
PpQČ DXWRPDWLFN\
Ŷ O]H SRXåtW L DNFHQWRYDQp ]QDN\
Ɣ MH WĜHED VL XYČGRPLW åH NRQYHU]H ĜHWČ]HF REVDKXMtFt þtVOLFH QD þtVOR SUREtKi YåG\ SĜL YVWXSX ]
NOiYHVQLFH
QDSĜ KiþHN D þiUND
Ŷ O]H SRXåtW L UĤ]Qp ]SĤVRE\ ]iSLVX ]QDNĤ Y MHGQRP ĜHWČ]FL
Ɣ RSDþQi NRQYHU]H þtVOR QD ĜHWČ]HF REVDKXMtFt þtVOLFH SUREtKi YåG\ SĜL YêSLVX QD REUD]RYNX
QDSĜ 3URJUDP NRQ?X'?X('?Q
/RJLFNê W\S D MHKR NRQVWDQW\
Ŷ O]H SRXåtW DXWRPDWLFNp ]ĜHWČ]RYiQt GORXKêFK OLWHUiOĤ RGGČOHQêFK PH]HUDPL WDEHOiWRU\ QHER QRYêPL
ĜiGNDPL
Ŷ ERROHDQ
Ŷ PĤåH QDEêYDW SRX]H GYRX KRGQRW SĜHGVWDYRYDQêFK ORJLFNêPL NRQVWDQWDPL WUXH ORJLFNi D IDOVH
ORJLFNi Ɣ VSRMRYDFt ]QDN MH QDSĜ WĜL URYQRFHQp ]iSLV\
Ŷ ]iNODGQt RSHUDFH V ORJLFNêP W\SHP
7DNKOH Y\SDGD YHOPL GORXK\ UHWH]HF
± ORJLFNê VRXþLQ NRQMXQNFH ± ÄMHGHQ IDOVH ]UXãt YãH³
7DNKOH Y\SDGD YHOPL GORXK\ UHWH]HF
__ ± ORJLFNê VRXþHW GLVMXQNFH ± ÄMHGHQ WUXH VWDþt³
7DNKOH Y\SDGD YHOPL ± QHJDFH
GORXK\ UHWH]HF
[
\
[ \
[ __ \
[
IDOVH
IDOVH
IDOVH
IDOVH
WUXH
Ŷ SRWĜHEXMHPHOL SRMPHQRYDQRX NRQVWDQWX SRXåLMHPH SRGUREQRVWL SR]GČML
ILQDO 6WULQJ -0(12
3DYHO
IDOVH
WUXH
IDOVH
WUXH
WUXH
9êVWUDKD
WUXH
IDOVH
IDOVH
WUXH
IDOVH
3R]RU QD UĤ]Qp W\S\ XYR]RYHN GRGiYDQp PČQČQp DXWRPDWLFN\ WH[WRYêPL SURFHVRU\
WUXH
WUXH
WUXH
WUXH
IDOVH
Ŷ VSUiYQČ VSUiYQČ
9êVWUDKD
Ŷ ³QHVSUiYQČ ± DQJOLFNp XYR]RYN\´ ³QHVSUiYQČ ± DQJOLFNp XYR]RYN\´
2SHUiWRU\ D __ PXVHMt EêW YH GYRMLFL -VRXOL VDPRVWDWQČ PDMt Yê]QDP ELWRYêFK RSHUDFt
Ŷ ÄQHVSUiYQČ ± þHVNp XYR]RYN\³ ÄQHVSUiYQČ ± þHVNp XYR]RYN\³
3URPČQQp GHNODUDFH D SĜLĜD]HQt
3R]QiPND
Ŷ SURPČQQi MH GDWRYê REMHNW Y RSHUDþQt SDPČWL R]QDþHQê Yê]QDPRYêP V\PEROLFNêP MPpQHP Y\MD
GĜXMH ~þHO D MH Y QČP XORåHQD KRGQRWD NWHUi VH PĤåH Y SUĤEČKX PČQLW
=QDN MH MLQê GDWRYê W\S QHå ĜHWČ]HF GRNRQFH L MHGQR]QDNRYê ĜHWČ]HF MH MLQê W\S D QHVPt EêW ]DPČ
ĖRYiQ VH ]QDNHP
Ɣ YêKRGRX MH åH VH GR SDPČWL RGND]XMHPH SRPRFt Yê]QDPRYêFK MPHQ QLNROLY SRPRFt DGUHV
Ŷ SUREOpP þtVOLFH YHUVXV þtVOR MH R ĜiG Y\ããt SURWRåH Y ĜHWČ]FL MH QČNROLN þtVOLF ]D VHERX
Ƈ SĜHYRG MPpQD QD DGUHVX SURYHGH SĜHNODGDþ
Ŷ QDSĜ ĜHWČ]HF SĜHGVWDYXMH Y SDPČWL VHNYHQFL WĜt EDMWĤ
QDSĜ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW V\PEROLFNp MPpQR SURPČQQp VWDY8FWX
Ɣ MH PRåQi GHNODUDFH V LQLFLDOL]DFt NG\ VH SURPČQQp QDYtF VWDQRYt SRþiWHþQt KRGQRWD
QDSĜ LQW VWDY8FWX
GDWRYê W\S FHORþtVHOQê ]QDPpQNRYê
KRGQRWD Ɣ WR VH þDVWR SRXåtYi SURWRåH SĜHG SUYQtP þWHQtP PXVt PtW SURPČQQi GHILQRYDQRX KRGQRWX
Ɣ FK\EQê NyG
Ŷ V SURPČQQRX O]H SURYiGČW OLERYROQp RSHUDFH GDQp PQRåLQRX RSHUDFt SĜtVOXãQpKR GDWRYpKR W\SX
LQW L M
,GHQWLILNiWRU\
M
Ŷ MPpQD SURPČQQêFK NRQVWDQW SRGSURJUDPĤ WĜtG DWG
L FK\ED SĜL SĜHNODGX
Ŷ -DYD GRYROXMH GHNODURYDW SURPČQQp NGHNROLY Y NyGX D XYQLWĜ WĜtG\
Ɣ Y SRGVWDWČ YãH FR StãHPH GR SURJUDPX D QHMVRX WR NOtþRYi VORYD QHER ĜHWČ]FRYp NRQVWDQW\
Ŷ MHGQtP SĜtND]HP O]H Y\WYRĜLW QČNROLN SURPČQQêFK VWHMQpKR W\SX
Ŷ Y -DYČ D Y PQRKD EČåQêFK SURJUDPRYDFtFK MD]\FtFK SODWt
Ɣ SRXåtYDW MHQ SUR SRPRFQp SURPČQQp
Ɣ GpOND LGHQWLILNiWRUĤ QHQt RPH]HQD
Ɣ NDåGê LGHQWLILNiWRU PXVt ]DþtQDW StVPHQHP QHER SRGWUåtWNHP MDNR GDOãt ]QDN\ VH PRKRX Y\VN\WQRXW
L þtVOLFH
Ɣ LGHQWLILNiWRU\ UR]OLãXMt YHONi D PDOi StVPHQD MVRX FDVH VHQVLWLYH
Ŷ ]SĤVRE ]iSLVX LGHQWLILNiWRUĤ Y -DYČ ± QXWQR GRGUåRYDW SURWRåH MH GĤVOHGQČ GRGUåRYiQR Y FHOpP -DYD
&RUH $3,
Ɣ WĜtG\ D UR]KUDQt ± LGHQWLILNiWRU ]DþtQi YåG\ YHONêP StVPHQHP D RVWDWQt StVPHQD MVRX PDOi
QDSĜ LQW L M N
3RMPHQRYDQi NRQVWDQWD
Ŷ VSHFLiOQt W\S SURPČQQp ± KRGQRWX O]H MHGQRX QDVWDYLW W\SLFN\ LQLFLDOL]DFt SĜL GHNODUDFL D SDN ML QHO]H
PČQLW MHQ þtVW
Ɣ RG SURPČQQp VH YL]XiOQČ OLãt Y GHNODUDFL SRXåLWtP GDOãtKR NOtþRYpKR VORYD ILQDO
QDSĜ ILQDO LQW /,0,7B38-&.<
Y SĜtSDGČ åH MH LGHQWLILNiWRU WYRĜHQ YtFH VORY\ ]DþtQi NDåGp VORYR YHONêP StVPHQHP
Ŷ SRNXV R ]PČQX NRQVWDQW\ VNRQþt FK\ERX
QDSĜ SUR WĜtG\ 3UYQL3URJUDP 3RNXV 6WULQJ D 6WULQJ%XIIHU D SUR UR]KUDQt &ORQHDEOH
QDSĜ /,0,7B38-&.<
Ɣ PHWRG\ D SURPČQQp ± LGHQWLILNiWRU ]DþtQi D SRNUDþXMH PDOêP StVPHQHP
FK\ED
3ĜLĜD]HQt
VWHMQČ MDNR X WĜtG VH SĜL SRXåLWt YtFH VORY R]QDþXMH ]DþiWHN GDOãtKR VORYD YHONêP StVPHQHP
Ŷ KRGQRWX SURPČQQp O]H QDVWDYLW QHER ]PČQLW SĜLĜD]RYDFtP SĜtND]HP QHQt WR URYQLFH
QDSĜ SUR SURPČQQp SRFHW SRFHW3UYNX D SUR PHWRG\ VWDUW JHW6L]H
QDSĜ VWDY8FWX
Ɣ NRQVWDQW\ ± SRXåtYDMt VH SRX]H YHONi StVPHQD
VWDY8FWX Ŷ REHFQê WYDU SĜLĜD]RYDFtKR SĜtND]X MH
YH YtFHVORYQêFK LGHQWLILNiWRUHFK MH RGGČORYDþHP SRGWUåtWNR
SURPČQQi
QDSĜ 3, 0$;B9$/8(
YêUD]
9êUD]
Ɣ EDOtN\ ± LGHQWLILNiWRU VH VNOiGi SRX]H ] PDOêFK StVPHQ
YH VORåHQêFK MPpQHFK MH RGGČORYDþHP WHþND
Ŷ SĜHGHSLVXMH YêSRþHW KRGQRW\ XUþLWpKR W\SX
QDSĜ MDYDODQJ
Ŷ PĤåH EêW VORåHQ ]
Ɣ RSHUDQGĤ
'HNODUDFH
Ŷ SURPČQQRX MH QXWQR SĜHG SUYQtP SRXåLWtP GHNODURYDW WM VWDQRYLW V\PEROLFNp MPpQR GDWRYê W\S D SRåD
GDYHN QD XORåHQt GR SDPČWL GČMH VH DXWRPDWLFN\
QDSĜ LQW VWDY8FWX
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ SURPČQQêFK
Ƈ SRMPHQRYDQêFK NRQVWDQW
Ƈ OLWHUiOĤ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW LQW L GRXEOH G
L
LQW G
L EXGH Ƈ YROiQt PHWRG
Ɣ RSHUiWRUĤ DWS ± SRGUREQČ YL] GiOH
3R]QiPND
Ɣ ]iYRUHN
QDSĜ [
\ 0$; SRFHW3UYNX
-H GREUêP ]Y\NHP ]DSLVRYDW H[SOLFLWQt NRQYHU]L L QD PtVWR LPSOLFLWQt 'iYiPH WtP QDMHYR åH YtPH
FR GČOiPH
NGH
G
Ƈ \ MH SURPČQQi
GRXEOH L
9êVWUDKD
Ƈ 0$; MH SRMPHQRYDQi NRQVWDQWD
3ĜHW\SRYiQt Pi QHMY\ããt SULRULWX
Ƈ MH OLWHUiO
LQW L
LQW L
Ƈ SRFHW3UYNX MH YROiQt PHWRG\
Ŷ SRĜDGt RSHUDFt SURYiGČQêFK YH YêUD]X MH GiQR
LQW G I
LQW G I
FK\EQČ ± SĜHW\SXMH VH MHQ G
GREĜH ± VHþWH VH G D I D YêVOHGHN VH SĜHW\SXMH
2SHUiWRU\
Ɣ ]iYRUNDPL Ŷ YêUD]\ YL] YêãH MVRX VORåHQ\ ] RSHUDQGĤ D RSHUiWRUĤ
Ɣ SULRULWRX RSHUiWRUĤ
Ŷ RSHUiWRU\ O]H GČOLW SRGOH
QDSĜ [ \ ] VH Y\KRGQRFXMH MDNR [ \ ] SURWRåH Pi Y\ããt SULRULWX QHå Ɣ SRþWX RSHUDQGĤ RNROR QLFK QD
Ɣ DVRFLDWLYLWRX RSHUiWRUĤ
Ƈ XQiUQt ± H[LVWXMt þW\ĜL QDSĜ [ \ ] VH Y\KRGQRFXMH MDNR [ \ ] SURWRåH MH DVRFLDWLYQt ]OHYD
Ƈ ELQiUQt ± MH MLFK YtFH
3R]QiPND
Ƈ WHUQiUQt ± H[LVWXMH SRX]H MHGHQ "
.URPČ QHMMHGQRGXããtFK YêUD]Ĥ VH QHVSROpKiPH QD SULRULWX DQL DVRFLDWLYLWX D SRXåLMHPH GĤVOHGQČ
]iYRUN\
Ɣ SRGOH YêVOHGNX RSHUDFH QD
Ƈ DULWPHWLFNp ± VþtWiQt RGþtWiQt 7\SRYp NRQYHU]H
Ƈ UHODþQt ± YČWãt PHQãt Ŷ SURPČQQp O]H SĜLĜDGLW MHQ KRGQRWX VWHMQpKR W\SX
Ƈ ELWRYp ± PiOR SRXåtYDQp ]iMHPFL QDOH]QRX Y OLWHUDWXĜH
Ŷ FKFHPHOL SĜLĜDGLW MLQê W\S MH QXWQp SĜHW\SRYiQt W\SRYi NRQYHU]H
8QiUQt RSHUiWRU\
Ɣ LPSOLFLWQt ± SUREČKQH DXWRPDWLFN\
Ŷ QHMMHGQRGXããt ± XQiUQt SOXV D PtQXV
Ƈ MH WR NRQYHU]H ] W\SĤ V QLåãtP UR]VDKHP QD W\S\ V Y\ããtP UR]VDKHP
QDSĜ L
QDSĜ FKDU ±! LQW ±! GRXEOH
GRXEOH G LQW L
G
L
M QHER L
M
Ŷ NRPSOLNRYDQČMãt ± LQNUHPHQWDþQt D GHNUHPHQWDþQt Ɣ RED O]H SRXåtW SRX]H QD SURPČQQp D WR
Ƈ SĜHG SURPČQQRX ± SUHIL[
Ɣ H[SOLFLWQt ± MH QXWQR ML ]DSVDW GR SURJUDPX
Ƈ MH WR NRQYHU]H ] W\SĤ V Y\ããtP UR]VDKHP QD W\S\ V QLåãtP UR]VDKHP
QDSĜ L ]YČWãt KRGQRWX SURPČQQp L R Ƈ GRFKi]t N PRåQp ]WUiWČ SĜHVQRVWL QHER UR]VDKX
± MH WR LQNUHPHQWRYiQt SĜHG SRXåLWtP
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW ± SURPČQQi MH QHMSUYH ]YČWãHQD R MHGQLþNX D SDN MH WDWR QRYi KRGQRWD YUiFHQD MDNR KRGQRWD YêUD]X
Ƈ ]D SURPČQQRX ± VXIIL[ REþDV Wpå SRVWIL[
Ɣ Ɣ QDSĜ L ]YČWãt KRGQRWX SURPČQQp L R Ɣ ± MH WR LQNUHPHQWRYiQt SR SRXåLWt
3R]QiPND
± MH YUiFHQD SĤYRGQt KRGQRWD SURPČQQp D WD MH SDN ]YČWãHQD R MHGQLþNX
$ULWPHWLFNp RSHUiWRU\ MVRX W\SLFN\ ELQiUQt DOH XQiUQt D MVRX WDNWpå DULWPHWLFNp RSHUiWRU\
Ƈ Y QHMMHGQRGXããtP D QHMSRXåtYDQČMãtP SĜtSDGČ QHPi VP\VO SUHIL[ D VXIIL[ UR]OLãRYDW ± YêVOHGHN MH
VWHMQê
8 RSHUDFt D PĤåH GRMtW N SĜHWHþHQt WM YêVOHGHN QHRGSRYtGi VNXWHþQRVWL SRGUREQČ YL] SR]GČML
QDSĜ L MH VWHMQp MDNR L
5HODþQt RSHUiWRU\
QHER L MH VWHMQp MDNR L
Ŷ KRGQRW\ YãHFK SULPLWLYQtFK GDWRYêFK W\SĤ MVRX XVSRĜiGDQp W]Q O]H MH QDY]iMHP SRURYQiYDW
Ƈ RGOLãQRVWL QDVWiYDMt MVRXOL W\WR XQiUQt RSHUiWRU\ VRXþiVWt YêUD]X
LQW L
M
L
M
L
M
L
N
M N
9êVWUDKD
! YČWãt
L
M
M
N
EXGH
EXGH
EXGH
EXGH
L EXGH L EXGH M EXGH L EXGH PHQãt
3R]QiPND
!
YČWãt QHER URYQR
PHQãt QHER URYQR
URYQR
-HGQRGXFKi UDGD ± QHMVPHOL VL MLVWL UR]HStãHPH YêUD] GR YtFH SĜtND]Ĥ QDSĜ
M
N
M Ŷ YêVOHGNHP UHODþQt RSHUDFH MH WUXH UHODFH MH SODWQi QHER IDOVH
Ŷ Y SĜtSDGČ åH VH W\S\ RSHUDQGĤ OLãt QDSĜ LQW D GRXEOH SUREČKQH LPSOLFLWQt NRQYHU]H
$ULWPHWLFNp RSHUiWRU\
9êVWUDKD
Ŷ YêVOHGHN MH VWHMQpKR W\SX MDNR RSHUDQG\
5HODþQt RSHUiWRU\ Y ]DþiWFtFK SRXåtYDW SRX]H YH VSRMLWRVWL V SĜtND]\ LI IRU ZKLOH YL] GiOH
VþtWiQt
1HSRNRXãHW VH R YêUD]\ W\SX
RGþtWiQt
ERROHDQ E
QiVREHQt
L ! 3R]QiPND
GČOHQt ± FHORþtVHOQp L UHiOQp
5HODþQt RSHUiWRU\ PDMt QLåãt SULRULWX QHå DULWPHWLFNp /]H WHG\ SViW EH] ]iYRUHN YêUD]\ W\SX
GČOHQt PRGXOR ]E\WHN SR FHORþtVHOQpP GČOHQt
LI [ \ Ŷ SĜtNODG\
Ɣ QHURYQR
QDYtF RSHUDFH V ORJLFNêPL W\S\ D __ YL] GĜtYH PDMt MHãWČ QLåãt SULRULWX QHå UHODþQt RSHUiWRU\
/]H QDSVDW
Ɣ Ɣ MDNR UHiOQp
LI [ \ L FHORþtVHOQi VH SĜHYHGOD LPSOLFLWQt NRQYHU]t QD UHiOQRX D GČOHQt SUREČKOR
UR]XPQČMãt DOH MH WDNWR VORåLWp YêUD]\ ]iYRUNRYDW
LI [ \ L 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW QHER GRNRQFH
.RPHQWiĜH
LI [ \ L Ŷ SRPiKDMt Y\]QDW VH YH ]GURMRYpP NyGX
3ĜLĜD]RYDFt RSHUiWRU\
Ŷ Y -DYČ MVRX NRPHQWiĜH WĜt W\SĤ
Ŷ ]MHGQRGXãXMt ]iSLV SRNXG MH Y SĜLĜD]RYDFtP YêUD]X SĜtWRPQD QD OHYp L SUDYp VWUDQČ VWHMQi SURPČQQi
QDSĜ
[
L
[ O]H ]DSVDW ]NUiFHQČ MDNR
[ LQNUHPHQWDFH SURPČQQp L
SURWRåH WR DOJRULWPXV Y\åDGXMH
L
Ŷ RED SĜtNODG\ SUR LQW L
LQNUHPHQWDFH SURPČQQp L
EORNRYê Ŷ SĜLĜD]RYDFt RSHUiWRU\ H[LVWXMt SUR YãHFKQ\ DULWPHWLFNp RSHUiWRU\
GR NRQFH ĜiGN\ M
3R]QiPND
ƔM L M EXGH L EXGH ƔM L M EXGH SURWRåH M
1DFKi]t VH ]iVDGQČ SĜHG NRPHQWRYDQêP NyGHP
GRNXPHQWDþQt ± YL] SRGUREQČ GiOH
M L PHWRGD VHþWH GYČ þtVOD
LQW VHFWL'YH&LVODLQW D LQW E ^
3R]QiPND
3RXåtYHMWH WHQWR ]NUiFHQê ]iSLV XYiåOLYČ D SRNXG VL QHMVWH MLVWL
]iYRUNXMWH QDSĜ
M Ŷ MH QXWQp MH SRXåtYDW PtUX PQRåVWYt VL PXVt NDåGê ]YROLW ViP QHQtOL VWDQRYHQR QDSĜ ILUHPQt SROLWLNRX
L Ɣ NRPHQWXMHPH YåG\ NG\å
SRXåLMWH SRPRFQRX SURPČQQRX QDSĜ
LQW SRP
M Ƈ SRXåLMHPH QHVWDQGDUGQt MD]\NRYRX QHER DOJRULWPLFNRX NRQVWUXNFL
L FHQD SRP
3R]QiPND
FLWDF FLWDF SĜLþWHQt '3+
MPHQR
VFQH[W
SĜHþWHQt D ]DKR]HQt YãHFK ]EêYDMtFtFK ]QDNĤ
QD ĜiGFH YþHWQČ NRQFH ĜiGNX
VFQH[W/LQH
0iPHOL SURPČQQRX FLWDF O]H ML ]YČWãLW R MHGQX þW\ĜPL ]SĤVRE\
FLWDF
Ƈ SRNXG MVPH Y GDQpP PtVWČ NyGX PXVHOL SĜHPêãOHW UR]KRGRYDW VH QHER KOHGDW FK\EX
FLWDF
URN\ D QHMVRX SĜHVWXSQp
URN\ D MVRX SĜHVWXSQp SURWR URN LI URN URN __ URN SUHVWXSQ\5RN
WUXH
`
FLWDF
3URJUDPiWRU Y -DYČ SRXåLMH YåG\ SRVOHGQt ]SĤVRE
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW ^
Ɣ QDRSDN QHNRPHQWXMHPH SRNXG MH ] NyGX MHKR ~þHO ]ĜHMPê
FHQD '3+B
SRXåLMHPH SĜtND]
SĜLþWHQt '3+ ± WHQWR NRPHQWiĜ MH ]E\WHþQê
MDYDGRF G PRMH'RNXPHQWDFH 9VWXSMDYD
NWHUê ]DORåt SRGDGUHViĜ PRMH'RNXPHQWDFH D Y QČP Y\WYRĜt GDOãtFK þWUQiFW +70/ VRXERUĤ D MHGHQ
SRGDGUHViĜ
Ŷ NRPHQWiĜH MVRX SĜL SĜHNODGX ]H ]GURMRYpKR NyGX Y\SXãWČQ\ W]Q Y SURJUDPX VH QHREMHYt
'RNXPHQWDþQt NRPHQWiĜH
Ɣ ] WČFKWR VRXERUĤ SURKOtåtPH VRXERU LQGH[KWPO YãHFKQ\ RVWDWQt MVRX SRPRFQp D GDMt VH ] QČM
ÄGRNOLNDW³
Ŷ Y\VN\WXMt VH QHMþDVWČML SĜHG Qi]Y\ WĜtG D PHWRG
LQIRUPDFH R DXWRURYL QHQt LPSOLFLWQČ GR +70/ JHQHURYiQD SRNXG ML SRåDGXMHPH PXVtPH SRXåtW SĜtND]
Ɣ W\WR NRPHQWiĜH ]iVDGQČ SRXåtYiPH E\Ģ VH WR ]Gi Y NUiWNêFK ãNROQtFK SĜtNODGHFK ]FHOD ]E\WHþQp
MDYDGRF DXWKRU G PRMH'RNXPHQWDFH 9VWXSMDYD
Ɣ MHOL Y SURJUDPX SRX]H MHGQD PHWRGD WM PDLQ VWDþt GRNXPHQWDþQt NRPHQWiĜ SUR WĜtGX
Ŷ GDOãt SRGUREQRVWL YL] SR]GČML X PHWRG
Ŷ PXVt VH Y\VN\WQRXW EH]SURVWĜHGQČ SĜHG Qi]YHP WĜtG\ QHER PHWRG\
GREĜH
LPSRUW MDYDXWLO
1DþWHQt YVWXSQtKR ĜHWČ]FH ] NOiYHVQLFH
D MHKR YêSLV QD REUD]RYNX
#DXWKRU 3+HURXW
SXEOLF FODVV 9VWXS ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
6WULQJ MPHQR
VFQH[W
6\VWHPRXWSULQWOQMPHQR
`
`
ãSDWQČ ± PH]L NRPHQWiĜHP D Qi]YHP WĜtG\ MH SĜtND] LPSRUW ± GRNXPHQWDFH VH VLFH Y\JHQHUXMH DOH
EH] QDãLFK WH[WĤ
1DþWHQt YVWXSQtKR ĜHWČ]FH ] NOiYHVQLFH
D MHKR YêSLV QD REUD]RYNX
#DXWKRU 3+HURXW
LPSRUW MDYDXWLO
SXEOLF FODVV 9VWXS ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
6WULQJ MPHQR
VFQH[W
`
`
Ŷ SURJUDPHP MDYDGRF VH ] QLFK DXWRPDWLFN\ Y\JHQHUXMH GRNXPHQWDFH Y +70/
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3R]QiPND
.DSLWROD 7HUPLQiORYp 99 ĜtGtFt VWUXNWXU\
HQXP ODGČQt
MH NGH MH NyG ]QDNX %
Ƈ QHQDSDGiOL QiV YKRGQê ~YRGQt ĜHWČ]HF SRXåLMHPH SUi]GQê ĜHWČ]HF
7HUPLQiORYp IRUPiWRYDQp YVWXS\ D YêVWXS\
99 QHER ,2
Ŷ WHUPLQiORYê
VRXKUQQp R]QDþHQt SUR QHMSULPLWLYQČMãt 99 Y SĜtND]RYpP RNpQNX
Ɣ YêVWXS QD REUD]RYNX Y WH[WRYpP UHåLPX
Ŷ IRUPiWRYDQê þtVOD MVRX SĜL YêVWXSX DXWRPDWLFN\ SĜHYHGHQD ] ELQiUQt IRUP\ GR ĜHWČ]FH þtVOLF Y GHND
GLFNp VRXVWDYČ
QDSĜ þtVOR % ]DEtUDMtFt Y SDPČWL EDMW MH SĜHYHGHQR GR ĜHWČ]FH WĜt þtVOLF Ä³ D WHQ MH Y\SViQ
Ɣ SUR YVWXS\ SODWt RSDþQê SRVWXS WM DXWRPDWLFNê SĜHYRG ] ĜHWČ]FH þtVOLF QD þtVOR Y ELQiUQt UHSUH]HQWDFL
3R]QiPND
3ĜHYRG ] ĜHWČ]FH QD ELQiUQt UHSUH]HQWDFL D QDRSDN QHPXVt EêW MHQ DXWRPDWLFN\ X 99 /]H MHM SURYpVW
L NGHNROLY Y SURJUDPX 3RGUREQRVWL SR]GČML
Ƈ SUDNWLFN\ MH YKRGQp NDåGRX SRORåNX XYpVW Y\VYČWOXMtFtP WH[WHP QHER DOHVSRĖ RGGČOLW EtOêP ]QDNHP
Ƈ QČNG\ VL DOH QDRSDN SĜHMHPH Y\KRGQRWLW YêUD] SĜHG YêSLVHP ± SDN VH SRXåLMt ]iYRUN\
LQW L
M
6\VWHPRXWSULQWL M
Y\StãH 6\VWHPRXWSULQWVRXFHW
Y\StãH VRXFHW
6\VWHPRXWSULQWVRXFHW
Y\StãH VRXFHW
L M
L M
Ŷ þDVWê SRåDGDYHN QD RGĜiGNRYiQt O]H ĜHãLW QČNROLND ]SĤVRE\
.ODVLFNê YêVWXS QD REUD]RYNX
Ɣ QHMPpQČ YKRGQê ± ]D YêSLVHP SRXåtW SĜtND] 6\VWHPRXWSULQWOQ
Ŷ SRXåtYi VH PHWRGD 6\VWHPRXWSULQWSDUDPHWU NWHUi Y\StãH SDUDPHWU D NXU]RU SRQHFKi ]D
SRVOHGQtP Y\SVDQêP ]QDNHP QD VWHMQp ĜiGFH
Ɣ SDUDPHWU PĤåH EêW SURPČQQi QHER NRQVWDQWD OLERYROQpKR SULPLWLYQtKR GDWRYpKR W\SX QHER ĜHWČ]HF
Ƈ SULQFLS IXQJRYiQt MH WHQ åH SUR NDåGê SULPLWLYQt W\S H[LVWXMH LPSOLFLWQt NRQYHU]H QD W\S 6WULQJ
Ɣ QHMSRXåtYDQČMãt ± PtVWR 6\VWHPRXWSULQWSDUDPHWU SRXåtW 6\VWHPRXWSULQWOQSDUD
PHWU
Ƈ SURYHGH WRWpå FR SĜHGFKR]t YêSLV\ D QDYtF ]D SRVOHGQtP Y\SVDQêP ]QDNHP RGĜiGNXMH
Ɣ VRILVWLNRYDQê ± ]QDN ?Q
QHER ĜHWČ]HF ?Q NGHNROLY YH Y\SLVRYDQêFK SRORåNiFK ]SĤVREt RGĜiG
NRYiQt
LQW L
6\VWHPRXWSULQWL
6\VWHPRXWSULQW
%
6\VWHPRXWSULQW
6\VWHPRXWSULQWDKRM OLGL
Ƈ WDNWR O]H Y MHGQRP YêSLVX RGĜiGNRYDW L QČNROLNUiW
Ƈ WHQWR ]SĤVRE QH]iYLVt QD SRXåLWt PHWRG\ SULQW QHER SULQWOQ
QDSĜ QiVOHGXMtFt þW\ĜL SĜtND]\ PDMt VWHMQRX IXQNþQRVW D YåG\ Y\Stãt L
Y\StãH %DKRM OLGL
6\VWHPRXWSULQWL
L 6\VWHPRXWSULQWL
L 6\VWHPRXWSULQWOQL
L
6\VWHPRXWSULQWOQL
L
Ɣ MHGQtP SĜtND]HP O]H Y\SVDW L YtFH SURPČQQêFK DWG QDMHGQRX
Ƈ MHGQRWOLYp SRORåN\ VH RGGČOXMt ]QDNHP D MH QXWQp DE\ SUYQt SRORåNRX E\O ĜHWČ]HF
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Y\StãH %
6\VWHPRXWSULQWL
L ]QDN
%
Y\StãH L
]QDN
%
6\VWHPRXWSULQWL
L %
Y\StãH L
%
Ɣ YVWXS ] NOiYHVQLFH
LQW L
6\VWHPRXWSULQWL %
Y\StãH 6\VWHPRXWSULQWL
L %
Y\StãH L
6\VWHPRXWSULQW L %
?Q ?Q
?Q
?Q
D QD QRYRX ĜiGNX %
%
?Q
%
?Q
%
%
3R]QiPND
%
3RXåLMHPHOL ĜHWČ]HF V GYRMLFt ]QDNĤ ?U?Q EXGH QD SODWIRUPČ 06 :LQGRZV YêVWXS VWHMQê
3ĜL YêSLVX MHQ ]QDNX ?Q
VH SĜHG QČM DXWRPDWLFN\ GRSOQt ]QDN ?U
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ SUDJPDWLFNê SĜtVWXS ± SRXåtYHMWH YåG\ 6\VWHPRXWSULQWOQ D NDåGRX ĜiGNX Y\SLVXMWH VDPR
VWDWQêP SĜtND]HP
Ŷ SRþHW PtVW O]H VWDQRYLW D ]DURYQDW GROHYD ]E\Op PtVWR VH GRSOQt PH]HUDPL QDSĜ
6\VWHPRXWIRUPDWL
6\VWHPRXWSULQWOQL
L
6\VWHPRXWSULQWOQ
%
GDKRMQ L
Ŷ O]H Y\QXWLW YêSLV L ]QDPpQND QDSĜ SUR LQW L
Ŷ SĜL YêSLVX O]H ]PČQLW W\S Y\SLVRYDQp SRORåN\
6\VWHPRXWIRUPDWL
FKDU F
$
6\VWHPRXWSULQWOQ=QDN F
PD $6&,, KRGQRWX LQW F
L
DKRM
GQ L
L
L
L
Ŷ Y\QXWt VH YêSLV QHYê]QDPRYêFK QXO QDSĜ
6\VWHPRXWIRUPDWL
.RPSOH[Qt ĜHãHQt YêVWXSX
GQ L
Ŷ Y\SLVXMH VH L RGGČORYDþ ĜiGĤ QDSĜ
3R]QiPND
6\VWHPRXWIRUPDWL
3RXåtYiPH MHQ WHKG\ NG\å QiP QHVWDþt PRåQRVWL 6\VWHPRXWSULQWOQ
GQ L
3R]QiPND
Ŷ SĜLFKi]t RG -'. GĜtYH VH ĜHãLOR SRPRFt MDYDWH[W1XPEHU)RUPDW
2GGČORYDþ ĜiGĤ MH SHYQi PH]HUD ãtĜN\ þWYUW þWYHUþtNX ÄþWYHUþtN³ MH W\SRJUDILFNê WHUPtQ 1HQtOL
WHQWR ]QDN N GLVSR]LFL Y SRXåtYDQpP IRQWX ]REUD]t VH QHVP\VOQê ]QDN QDSĜ
Ŷ MDVQi LQVSLUDFH PRåQRVWPL MD]\ND &
Ŷ PRåQRVW YROLW ãtĜNX YêSLVX ]DURYQiYiQt GRSUDYD þL GROHYD QHYê]QDPRYp PH]HU\ D PQRåVWYt GDOãtFK
YČFt
Ɣ Y\þHUSiYDMtFt LQIRUPDFH L V SĜtNODG\ YL] MDYDXWLO)RUPDWWHU
L
i
9êSLV FHOpKR þtVOD Y MLQêFK VRXVWDYiFK
Ŷ RVPLþNRYi VRXVWDYD QDSĜ SUR LQW M
Ŷ ]iNODGQt PHWRGD 6\VWHPRXWIRUPDWSDUDPHWU
6\VWHPRXWIRUPDWM
RQ M M
Ŷ Y\ĜHãHQR SĜHQRVLWHOQČ RGĜiGNRYiQt SRPRFt Q QDSĜ
Ŷ ãHVWQiFWNRYi VRXVWDYD QDSĜ SUR LQW M
6\VWHPRXWIRUPDWQRYD UDGNDQ
6\VWHPRXWIRUPDWM
Ŷ ]iNODGQt SULQFLS MH IRUPiWRYDFt ĜHWČ]HF MDNR SUYQt SDUDPHWU D SDN MHGQRWOLYp SRORåN\ MDNR GDOãt SDUDPH
WU\
Ɣ YH IRUPiWRYDFtP ĜHWČ]FL MVRX ]D ]QDNHP IRUPiWRYDFt ]QDN\
Ɣ 6\VWHPRXWIRUPDWL
G M
6\VWHPRXWIRUPDWM
6\VWHPRXWIRUPDWL
(
;Q M M
$
GQ L M
9êSLV ]QDNX
9êSLV FHOpKR þtVOD Y GHVtWNRYp VRXVWDYČ
Ŷ SRXåtYi VH G QDSĜ SUR LQW L
;Q M M
Ŷ O]H Y\QXWLW QHYê]QDPRYp QXO\ QDSĜ SUR LQW M
Ɣ NROLN MH ]QDNĤ WROLN PXVt EêW GDOãtFK SDUDPHWUĤ
(
Ŷ SRþHW PtVW O]H XUþLW QDSĜ
6\VWHPRXWIRUPDWM
Ŷ ]iNODGQt SUDYLGOD
;Q M M
Ŷ SRXåtYi VH F QDSĜ SUR FKDU F
GQ L
6\VWHPRXWIRUPDWF
L
D
FQ F F
D
Ŷ O]H SRXåtW SĜHW\SRYiQt D O]H Y\SVDW YtFH SURPČQQêFK QDMHGQRX
Ŷ SRþHW PtVW O]H VWDQRYLW SDN VH GRSOĖXMt PH]HU\ ]OHYD WM ]DURYQiQt GRSUDYD QDSĜ
6\VWHPRXWIRUPDWL
3ĜHGQiãN\ .,933$ 3DYHO +HURXW GQ L
L
6\VWHPRXWIRUPDW=QDN F PD $6&,, KRGQRWX GQ F LQW F
3ĜHGQiãN\ .,933$ 3DYHO +HURXW =QDN D PD $6&,, KRGQRWX Ɣ QD ]DþiWNX ]GURMRYpKR NyGX PXVt EêW SĜtND]
LPSRUW MDYDXWLO6FDQQHU
9êSLV UHiOQpKR þtVOD
Ŷ YêSLV MDNR EČåQp UHiOQp þtVOR I QDSĜ SUR GRXEOH G
6\VWHPRXWIRUPDWG
IQ G G
QHER VWDþt SĜtND]
LPSRUW MDYDXWLO
Ŷ þWHQt MH QXWQp ÄLQLFLDOL]RYDW³ SĜHVQp Y\VYČWOHQt D SRGUREQRVWL SR]GČML SĜtND]HP
3R]QiPND
6FDQQHU VF
'HVHWLQQê RGGČORYDþ MH ]iYLVOê QD ORNDOLWČ ± SUR ý5 MH WR þiUND QLNROLY WHþND
Ŷ YêSLV YH YČGHFNRWHFKQLFNp QRWDFL J QDSĜ SUR GRXEOH G
6\VWHPRXWIRUPDWG
JQ G G
Ŷ þDVWR VH MDNR EH]SURVWĜHGQČ GDOãt SĜtND] GiYi SĜHSQXWt GR 86 ORNDOLW\ DE\ SĜL þWHQt UHiOQêFK þtVHO E\O
GHVHWLQQê RGGČORYDþ WHþND SRGUREQRVWL YL] GiOH D Wpå Y SĜHGPČWX .,9-;7
H
VFXVH/RFDOH/RFDOH86
3R]QiPND
Ŷ þWHQt FHOpKR þtVOD
'HVHWLQQê RGGČORYDþ MH WHþND
LQW L
Ŷ O]H QDVWDYLW SRþHW PtVW FHONHP D SRþHW PtVW ]D GHVHWLQQêP RGGČORYDþHP þtVOR EXGH ]DRNURXK
OHQR
6\VWHPRXWIRUPDWG
IQ G G
VFQH[W'RXEOH
Ŷ þWHQt ]QDNX ± QHQt WDN HOHJDQWQt MH WĜHED SĜHþtVW FHORX ĜiGNX D Y\VHSDURYDW SUYQt ]QDN
VFQH[W/LQHFKDU$W
Ŷ þWHQt ĜHWČ]FH ± ĜHWČ]HF MH þWHQ GR SUYQtKR EtOpKR ]QDNX
Ŷ SRXåtYi VH V QDSĜ SUR 6WULQJ V
$KRM OLGL
VQ V V
Ɣ MHOL YtFH ĜHWČ]FĤ QD ĜiGFH QDSĜ DKRM OLGL SĜHþWH VH MHQ SUYQt WM DKRM
$KRM OLGL
6WULQJ V
Ŷ ĜHWČ]HF O]H Y\SVDW YHONêPL StVPHQ\
6Q V V
_V_Q V
V
VFQH[W
Ŷ þWHQt FHOp ĜiGN\ GR ĜHWČ]FH ]QDN\ RGĜiGNRYiQt MVRX SĜHþWHQ\ DOH ]DKRGt VH ± QHMVRX VRXþiVWt QDþWH
QpKR ĜHWČ]FH ĜHãt SUREOpP MDN VH ]EDYLW ]QDNXĤ NRQFH ĜiGN\ ± YL] GiOH
$+2- /,',
6WULQJ UDGND
Ŷ O]H VWDQRYLW ãtĜNX YêSLVX YêSLV EXGH ]DURYQiQ GRSUDYD
6\VWHPRXWIRUPDWV
Ŷ þWHQt UHiOQpKR þtVOD
FKDU F
9êSLV ĜHWČ]FH
6\VWHPRXWIRUPDWV
VFQH[W,QW
GRXEOH G
Ŷ O]H SRXåtW ]DURYQiQt GROHYD YêSLV QHYê]QDPRYêFK QXO RGGČORYDþ ĜiGĤ DSRG VWHMQČ MDNR X FHOpKR þtVOD
6\VWHPRXWIRUPDWV
QHZ 6FDQQHU6\VWHPLQ
_
VFQH[W/LQH
Ŷ LOXVWUDWLYQt SĜtNODG
$KRM OLGL_
LPSRUW MDYDXWLO
Ŷ YêSLV O]H ]DURYQDW L GROHYD
6\VWHPRXWIRUPDWV
_V_Q V V
_$KRM OLGL
SXEOLF FODVV 1DFLWDQL5HDOQ\FK&LVHO ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
VFXVH/RFDOH/RFDOH86
_
)RUPiWRYDQê YVWXS
6\VWHPRXWSULQW=DGHM RGYHVQX GRXEOH G
VFQH[W'RXEOH
6\VWHPRXWSULQW=DGHM RGYHVQX GRXEOH G
VFQH[W'RXEOH
GRXEOH SUHSRQD
0DWKVTUWG G G G
6\VWHPRXWSULQWOQ3UHSRQD MH SUHSRQD
Ŷ SĜLFKi]t RG -'. GĜtYH VH ĜHãLOR YODVWQtPL PHWRGDPL
Ɣ ĜHãHQt MH MHGQRGXFKp D IXQJXMH VWHMQČ L SUR þWHQt ]H VRXERUĤ YL] SR]GČML
Ŷ MH SRVN\WRYiQ WĜtGRX MDYDXWLO6FDQQHU
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW `
Ɣ PHWRG\ QH[W,QW QH[W'RXEOH D QH[W IXQJXMt MDNR ÄåUDYp³ JUHHG\
`
Ɣ SURJUDP WHG\ IXQJXMH WDNWR
3UREOpP Y\SUi]GQČQt YVWXSX
Ƈ YãHFKQ\ SĜtSDGQp EtOp ]QDN\ PH]HU\ WDEXOiWRU\ NRQFH ĜiGHN SĜHG YODVWQtP LQW MVRX PHWRGRX
QH[W,QW DXWRPDWLFN\ SĜHþWHQ\ D ÄSRåUiQ\³
Ŷ QH]QDORVW WRKRWR SUREOpPX SĜL YtFHQiVREQpP RSDNRYDQpP YVWXSX ] NOiYHVQLFH ]SĤVREt ]QDþQp SRWtåH
Ɣ SUREOpP\ MVRX QHMþDVWČML SĜL þWHQt Y F\NOHFK YL] Wpå GiOH
± þWHQt NRQþt SR SĜHþWHQt SUYQtKR EtOpKR ]QDNX ]D þtVOHP QHMþDVWČML ]QDNXĤ NRQFH ĜiGN\ SR VWLVNX
NOiYHV\ (QWHU
Ŷ LOXVWUDWLYQt SĜtNODG SUREOpPX
WHQWR ]QDN VH DOH ÄQHSRåtUi³ Y WRPWR þWHQt DOH ]ĤVWiYi YH Y\URYQiYDFt SDPČWL EXIIHU NOiYHV
QLFH
LPSRUW MDYDXWLO
SXEOLF FODVV 9\SUD]GQHQL9VWXSX3UREOHP ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
Ƈ QiVOHGXMH þWHQt ĜHWČ]FH SRPRFt QH[W NWHUp QHMSUYH ÄSRåHUH³ YãHFKQ\ SĜHGFKi]HMtFt EtOp ]QDN\
± VNXWHþQp þWHQt ĜHWČ]FH ]GH DEF ]DþtQi Då RG SUYQtKR QHEtOpKR ]QDNX ]GH D
6\VWHPRXWSULQW=DGHM SUYQL FHOH FLVOR LQW L
VFQH[W,QW
6\VWHPRXWSULQWOQ=DGDO MVL L
± þWHQt RSČW VNRQþt SR SĜHþWHQt SUYQtKR EtOpKR ]QDNX ]D ĜHWČ]FHP
± WtP MVRX ]QDN\ RGĜiGNRYiQt NWHUp ]ĤVWiYDMt Y EXIIHUX NOiYHVQLFH
6\VWHPRXWSULQW=DGHM UHWH]HF 6WULQJ V
VFQH[W
6\VWHPRXWSULQWOQ=DGDO MVL V
Ƈ PHWRGD QH[W/LQH QDUR]GtO RG SĜHGFKR]tFK PHWRG QHIXQJXMH MDNR ÄåUDYi³
± SĜHþWH YãH Då GR NRQFH ĜiGN\
± SUREOpP MH Y WRP åH ]QDN\ NRQFH ĜiGN\ MVRX Y EXIIHUX NOiYHVQLFH XORåHQ\ MLå RG SĜHGFKR]tKR
þWHQt WDNåH WDWR PHWRGD QDþWH SRX]H XNRQþHQt ĜiGN\
6\VWHPRXWSULQW=DGHM ]QDN FKDU F
VFQH[W/LQHFKDU$W
6\VWHPRXWSULQWOQ=DGDO MVL F
± ]QDNĤ NRQFH ĜiGN\ VH PHWRGD DXWRPDWLFN\ ]EDYt ± YêVOHGNHP MH WHG\ SUi]GQê ĜHWČ]
6\VWHPRXWSULQW=DGHM GUXKH FHOH FLVOR LQW L
VFQH[W,QW
± ] SUi]GQpKR ĜHWČ]X VH SRNRXãtPH ]tVNDW MHKR SUYQt ]QDN FRå Y\YROi YêMLPNX FK\EX Y SURJUDPX
Ŷ ĜHãHQt MH MHGQRGXFKp ± SR NDåGpP þWHQt SRPRFt PHWRG QH[W,QW QH[W'RXEOH D QH[W Y\SUi]G
QLW EXIIHU NOiYHVQLFH PHWRGRX QH[W/LQH
`
`
Ɣ WR ]DUXþt åH NDåGp QiVOHGXMtFt þWHQt ]DþtQi ÄV þLVWêP VWROHP³
Y\StãH QDSĜ
=DGHM SUYQL FHOH FLVOR =DGDO MVL =DGHM UHWH]HF DEF
=DGDO MVL DEF
=DGHM ]QDN ([FHSWLRQ LQ WKUHDG PDLQ Ź
MDYDODQJ6WULQJ,QGH[2XW2I%RXQGV([FHSWLRQ
6WULQJ LQGH[ RXW RI UDQJH DW MDYDODQJ6WULQJFKDU$W8QNQRZQ 6RXUFH
DW 9\SUD]GQHQL9VWXSX3UREOHPPDLQ9\SUD]GQHQL9VWXSX3UREOHPMDYD
QD ]DGiQt ]QDNX VH YĤEHF QHþHNi D SURJUDP Y WRP PtVWČ VNRQþt FK\ERX
Ɣ MH RYãHP ]DMtPDYp åH SĜL EH]SURVWĜHGQČ SĜHGFKi]HMtFtP þWHQt ĜHWČ]FH VH QLF SRGREQpKR QHVWDQH
Ŷ IXQNþQt ĜHãHQt
LPSRUW MDYDXWLO
SXEOLF FODVV 9\SUD]GQHQL9VWXSX2SUDYD ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
6\VWHPRXWSULQW=DGHM SUYQL FHOH FLVOR LQW L
VFQH[W,QW
VFQH[W/LQH
]GH YH VNXWHFQRVWL ]E\WHFQH
6\VWHPRXWSULQW=DGHM UHWH]HF 6WULQJ V
VFQH[W
VFQH[W/LQH
]GH QXWQH
6\VWHPRXWSULQWOQ=DGDO MVL V
Ŷ Y\VYČWOHQt MH MHGQRGXFKp
3ĜHGQiãN\ .,933$ 3DYHO +HURXW ± VNXWHþQp þWHQt þtVOD ]GH ]DþtQi Då RG SUYQtKR QHEtOpKR ]QDNX ]GH 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 6\VWHPRXWSULQW=DGHM ]QDN FKDU F
VFQH[W/LQHFKDU$W
VFQH[W/LQH
]GH QHVPL E\W
6\VWHPRXWSULQWOQ=DGDO MVL F
Ɣ GUXKi RGPRFQLQD ± SUR GRXEOH
6\VWHPRXWSULQW=DGHM GUXKH FHOH FLVOR LQW L
VFQH[W,QW
Ɣ OLERYROQi PRFQLQD W]Q L RGPRFQLQD ± SUR GRXEOH
GRXEOH G
GRXEOH I
LQW L
LQW NLOR
LQW 0DWKSRZL GRXEOH G
GRXEOH WUHWL2GPRFQLQD
0DWKSRZG `
`
Y\StãH QDSĜ
=DGHM
=DGDO
=DGHM
=DGDO
=DGHM
=DGDO
=DGHM
=DGDO
SUYQL FHOH FLVOR
MVL UHWH]HF DEF
MVL DEF
]QDN H
MVL H
GUXKH FHOH FLVOR MVL [
Ɣ H D SĜLUR]HQê ORJDULWPXV ± SUR GRXEOH
GRXEOH G
0DWKH[S
GRXEOH ORJDULWPXV
0DWKORJG
Ɣ GHVtWNRYê ORJDULWPXV ± SUR GRXEOH
GRXEOH G
(
GRXEOH ORJDULWPXV
=iNODGQt PDWHPDWLFNp IXQNFH
0DWKORJG
Ɣ SĜHYRG\ PH]L VWXSQL D UDGLiQ\ ± SUR GRXEOH
Ŷ SRWĜHEQp SĜL þtVHOQêFK YêSRþWHFK
Ŷ MVRX SRVN\WRYiQ\ WĜtGRX MDYDODQJ0DWK NWHURX QHQt WĜHED SĜLSRMLW SĜtND]HP LPSRUW QD ]DþiWNX
]GURMRYpKR NyGX
Ɣ MHGQi VH R VWDWLFNp PHWRG\ YL] SR]GČML WDNåH MH QXWQp MH YRODW MDNR 0DWKMPHQR0HWRG\
GRXEOH VWXSHQ
GRXEOH UDGLDQ
0DWKWR5DGLDQVVWXSHQ
VWXSHQ
0DWKWR'HJUHHVUDGLDQ
Ɣ WULJRQRPHWULFNp IXQNFH ± SUR GRXEOH
Ɣ YČWãLQD PHWRG Pi VYp SDUDPHWU\ W\SX GRXEOH W]Q SĜtSDGQê W\S LQW QHQt QXWQp SĜHW\SRYiYDW IXQ
JXMH LPSOLFLWQt NRQYHU]H DOH MH WR YHOPL YKRGQp
Ɣ REVDKXMH Wpå NRQVWDQW\ 0DWK3, D 0DWK(
Ŷ VWUXþQê SĜHKOHG QČNWHUêFK PHWRG
Ɣ DEVROXWQt KRGQRWD ± SUR LQW L GRXEOH
GRXEOH
GRXEOH
GRXEOH
GRXEOH
GRXEOH
VWXSHQ
UDGLDQ
0DWKWR5DGLDQVVWXSHQ
VLQ
0DWKVLQUDGLDQ
FRV
0DWKFRVUDGLDQ
WDQ
0DWKWDQUDGLDQ
1iKRGQi þtVOD
LQW M
LQW L
0DWKDEVM
GRXEOH G
GRXEOH I
0DWKDEVG
Ŷ SĜL PQRKD YêSRþWHFK Y\XåtYiPH MDNR ]NXãHEQt GDWD SVHXGRQiKRGQi þtVOD
Ɣ WD ]tVNiYiPH QHMVQi]H SRPRFt WĜtG\ 5DQGRP
Ƈ SURJUDPX PXVt SĜHGFKi]HW SĜtND] LPSRUW MDYDXWLO
Ɣ YČWãt D PHQãt þtVOR ± SUR LQW L GRXEOH
Ƈ WĜtGX PXVtPH SRGREQČ MDNR 6FDQQHU LQLFLDOL]RYDW SĜtND]HP
LQW L
M
LQW YHWVL
0DWKPD[L M
GRXEOH G
I
GRXEOH PHQVL
0DWKPLQG I
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 0DWKVTUWG
5DQGRP U
QHZ 5DQGRP
Ɣ Y ]DþiWFtFK QiP ] PQRKD PRåQRVWt SRVWDþt MHQ PHWRGD QH[W,QWLQW PD[
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ YUDFt FHOp þtVOR Y LQWHUYDOX PD[!
Ɣ SĜtND] LI SUR MHGQRGXFKp YČWYHQt QH~SOQi SRGPtQND
Ɣ SRWĜHEXMHPHOL UHiOQp þtVOR SRXåLMHPH QH[W'RXEOH
Ɣ SĜtND] LIHOVH SUR GYRMLWp YČWYHQt ~SOQi SRGPtQND
Ƈ YUDFt UHiOQp þtVOR Y LQWHUYDOX Ɣ SĜtND] VZLWFK SUR PQRKRQiVREQp YČWYHQt
Ŷ LOXVWUDWLYQt SĜtNODG
F\NOXV ± þiVW SURJUDPX VH SURYHGH RSDNRYDQČ
LPSRUW MDYDXWLO
Ɣ SĜtND] IRU SUR F\NOXV V SĜHGHP ]QiPêPL PH]HPL ÄQDþWL GHVHW þtVHO³
SXEOLF FODVV 1DKRGQD&LVOD ^
5DQGRP U
QHZ 5DQGRP
LQW L
UQH[W,QW
6\VWHPRXWSULQWOQSUYQL L
6\VWHPRXWSULQWOQGUXKH UQH[W,QW
6\VWHPRXWSULQWOQUHDOQH UQH[W'RXEOH
`
`
Ɣ SĜtND] ZKLOH SUR F\NOXV V SĜHGHP QH]QiPêPL PH]HPL ÄþWL þtVOD WDN GORXKR GRNXG QHQDUD]tã QD
NRQHF VRXERUX³
Ɣ SĜtND] GRZKLOH SRGREQê SĜtND]X ZKLOH
3R]QiPND
2YOiGQXWt WČFKWR QČNROLND PiOR MD]\NRYêFK NRQVWUXNFt ]QDPHQi XPČW SURJUDPRYDW QD ]iNODGQt
~URYQL
Y\StãH QDSĜ
0RWLYDþQt SĜtNODG ± RG VHNYHQFH N F\NOX
SUYQL GUXKH UHDOQH Ŷ ]iNODGQtP ]SĤVREHP YêSRþWX SURJUDPX MH Y\NRQiYiQt MHGQRWOLYêFK SĜtND]Ĥ Y SRĜDGt MDN MVRX ]DSViQ\
Y SURJUDPX
Ɣ QHYêKRGD ± SRXåLWHOQp SRX]H SUR WULYLiOQt DOJRULWP\ QDYtF V RPH]HQRX SRXåLWHOQRVWt ± MHGQRUi]RYČ
ětGtFt VWUXNWXU\
Ŷ ~NRO SUR YãHFKQ\ QiVOHGXMtFt SURJUDP\ MH Y\SVDW QD REUD]RYNX QHMYČWãt ]H ]DGDQêFK þtVHO
Ŷ MVRX WR SURJUDPRYp NRQVWUXNFH NWHUp VH VNOiGDMt ] GtOþtFK SĜtND]Ĥ D SUR QČ SĜHGHSLVXMt ]SĤVRE SURYHGHQt
1HIXQNþQt ĜHãHQt SRPRFt VHNYHQFH
]DþtQiPH SRX]H V GYČPD þtVO\
Ɣ þHVN\ ± SRPRFt QLFK RYOLYĖXMHPH VPČU SURYiGČQt SURJUDPX
Ƈ MLQDN E\ SURJUDP SUREtKDO SRVWXSQČ RG SUYQtKR SĜtND]X GR SRVOHGQtKR WDN IXQJXMt MHQ QHMWULYLiOQČMãt
ãNROQt SURJUDP\
Ŷ H[LVWXMt WĜL GUXK\ ĜtGtFtFK VWUXNWXU Wpå QD]êYDQp VWUXNWXURYDQp SĜtND]\
LPSRUW MDYDXWLO
SXEOLF FODVV 6HNYHQFH ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
SRVORXSQRVW ± SĜtND]\ Y SRVORXSQRVWL VH YåG\ SURYHGRX Y SRĜDGt MDN MVRX ]DSViQ\ WR E\O\ YãHFKQ\
GĜtYH XYHGHQp SURJUDP\
6\VWHPRXWSULQW=DGHM FHOH FLVOR LQW SUYQL&LVOR
VFQH[W,QW
6\VWHPRXWSULQW=DGHM FHOH FLVOR LQW GUXKH&LVOR
VFQH[W,QW
Ɣ VORåHQê SĜtND] ± QČNROLN SĜtND]Ĥ X]DYĜHQêFK GR ^ ` Wpå QD]êYDQê EORN
^
LQW L
LQW M
M
L 6\VWHPRXWSULQWOQM
LQW YHWVL=&LVHO
DOJRULWPXV
YHWVL=&LVHO
SUYQL&LVOR
YHWVL=&LVHO
GUXKH&LVOR
M
`
3R]QiPND
]iYČUHþQê WLVN
6\VWHPRXWSULQWOQ9HWVL FLVOR
'ĤVOHGQČ RGVD]XMWH MHGQRWOLYp SĜtND]\ 9ê]QDPQČ WR ]Y\ãXMH þLWHOQRVW SURJUDPX
`
YČWYHQt ± Y ]iYLVORVWL QD VSOQČQt SRGPtQN\ VH SURYHGH MHQ XUþLWi þiVW SURJUDPX
3ĜHGQiãN\ .,933$ 3DYHO +HURXW YHWVL=&LVHO
`
3ĜHGQiãN\ .,933$ 3DYHO +HURXW YDULDEOH YHWVL=&LVHO PLJKW QRW KDYH EHHQ LQLWLDOL]HG
Y\StãH QDSĜ
=DGHM FHOH FLVOR =DGHM FHOH FLVOR 9HWVL FLVOR
Y\OHSãHQp ĜHãHQt MH
LQW YHWVL=&LVHO
SURJUDP SUDFXMH VSUiYQČ SRX]H MHOL YČWãt þtVOR ]DGiQR MDNR GUXKp
DOJRULWPXV
LI SUYQL&LVOR ! GUXKH&LVOR ^
YHWVL=&LVHO
SUYQL&LVOR
`
LI SUYQL&LVOR GUXKH&LVOR ^
YHWVL=&LVHO
GUXKH&LVOR
`
Y WRPWR SĜtSDGČ SRWĜHEXMHPH ÄSĜHVNRþLW³ WM Y\NRQDW SRGPtQČQČ SĜLĜD]RYDFt SĜtND] YHWVL=&LVHO
GUXKH&LVOR
1HYKRGQp ĜHãHQt SRPRFt QH~SOQp SRGPtQN\
9KRGQp ĜHãHQt SRPRFt ~SOQp SRGPtQN\
Ŷ SRGPtQND MH VSHFLiOQt SĜtND] NWHUê VH SĜL SURYiGČQt PĤåH SRGPtQČQČ SĜHVNRþLW WHG\ QHSURYpVW
PtVWR LQYHU]Qt SRGPtQN\ SRXåLMHPH NOtþRYp VORYR HOVH
Ɣ YČWãLQRX VH VQDåtPH QDSVDW SRGPtQNX REUiFHQČ WDN DE\ VH SĜtND] QHSĜHVNDNRYDO DOH DE\ VH Y\NR
QiYDO
DOJRULWPXV
YHWVL=&LVHO
SUYQL&LVOR
`
HOVH ^
YHWVL=&LVHO
GUXKH&LVOR
`
DOJRULWPXV
YHWVL=&LVHO
SUYQL&LVOR
YHWVL=&LVHO
GUXKH&LVOR
`
Y\StãH QDSĜ
1HYKRGQp ĜHãHQt SRPRFt ]DQRĜHQêFK SRGPtQHN
WHQWêå SUREOpP VH SRNXVtPH ĜHãLW SUR WĜL þtVOD
SRXåLWtP SĜHGFKR]tKR SRVWXSX MH SURJUDP ĜHãLWHOQê DOH ]QDþQČ QDEêYi QD VORåLWRVWL
1HYKRGQp ĜHãHQt SRPRFt GYRX QH~SOQêFK SRGPtQHN
LQW QHMYHWVL=&LVHO
SRNXG QHXPtPH UR]KRGQRXW MDNp SĜLĜD]HQt SURYpVW YQČ SRGPtQN\ SRXåLMHPH
DOJRULWPXV
YHWVL=&LVHO
SUYQL&LVOR
`
YHWVL=&LVHO
GUXKH&LVOR
`
]GH MVRX GYD SUREOpP\
Ŷ UHODFH QHQt RSDNHP ORJLFNRX QHJDFt UHODFH !
Ɣ SUR VWHMQČ YHONi þtVOD VH QHSURYHGH åiGQp SĜLĜD]HQt
Ŷ SURWRåH MH SURPČQQi YHWVL=&LVHO QDVWDYHQD Y SRGPtQFH SĜHNODGDþ VRXGt åH E\ QHPXVHOD EêW QD
VWDYHQD YĤEHF D SURJUDP QHSĜHORåt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW LQW YHWVL=&LVHO
DOJRULWPXV
LI WUHWL&LVOR ! SUYQL&LVOR ^
QHMYHWVL=&LVHO
WUHWL&LVOR
`
HOVH ^
QHMYHWVL=&LVHO
SUYQL&LVOR
`
`
HOVH ^
LI WUHWL&LVOR ! GUXKH&LVOR ^
QHMYHWVL=&LVHO
WUHWL&LVOR
`
HOVH ^
QHMYHWVL=&LVHO
GUXKH&LVOR
`
`
3ĜHGQiãN\ .,933$ 3DYHO +HURXW XYHGHQê SRVWXS MH QHYKRGQê
]iYČUHþQê WLVN
6\VWHPRXWSULQWOQ1HMYHWVL FLVOR
Ŷ SUR NDåGp GDOãt þtVOR VH UR]VDK SURJUDPX ]GYRMQiVREt ± VORåLWRVW SURJUDPX URVWH H[SRQHQFLiOQČ
GRVXG1HMYHWVL+RGQRWD
Ŷ NDåGp GDOãt þtVOR Y\åDGXMH GDOãt SDPČĢRYRX SURPČQQRX ± SURJUDP MH OLQHiUQČ SDPČĢRYČ ]iYLVOê
WRWR ĜHãHQt MHãWČ QHQt LGHiOQt V XNRQþRYDFt KRGQRWRX SUDFXMH MDNR V SODWQRX KRGQRWRX DOH LGHiOX VH EOtåt
Ŷ SURJUDP KOHGi PD[LPXP SUR SHYQê SRþHW þtVHO GDQê SĜL ]iSLVX DOJRULWPX ± SRWĜHEXMHPH DE\ E\OR
PRåQp ]DGDW SRþHW þtVHO Då SR VSXãWČQt SURJUDPX
3UREOpP PDJLFNêFK þtVHO
3R]QiPND
3ĜHYHGHQt H[SRQHQFLiOQt VORåLWRVWL SURJUDPX QD OLQHiUQt
7HQWR SUREOpP VH QHWêNi VHNYHQFt SRGPtQHN DQL F\NOĤ
VRXþDVQČ Wpå RGVWUDQtPH OLQHiUQt SDPČĢRYRX QiURþQRVW
ýtVHOQêP QHER ]QDNRYêP NRQVWDQWiP SRXåLWêP SĜtPR Y WH[WX SURJUDPX VH ĜtNi PDJLFNi þtVOD
6QDKRX SURJUDPiWRUD MH VH MLFK GĤVOHGQČ ]EDYLW SRPRFt SRMPHQRYDQêFK NRQVWDQW Wpå V\P
EROLFNêFK NRQVWDQW
LQW SRVOHGQH=DGDQD+RGQRWD
LQW GRVXG1HMYHWVL+RGQRWD
6\VWHPRXWSULQW=DGHM FHOH FLVOR SRVOHGQH=DGDQD+RGQRWD
VFQH[W,QW
LI SRVOHGQH=DGDQD+RGQRWD ! GRVXG1HMYHWVL+RGQRWD ^
SRVOHGQH=DGDQD+RGQRWD
`
6SHFLiOQtP SĜtSDGHP SRMPHQRYDQêFK NRQVWDQW MH YêþWRYê W\S ± YL] GiOH
Ŷ XNRQþXMtFt PĤåH EêW QHYêKRGQi PĤåH WR EêW MHGQR ] SRURYQiYDQêFK þtVHO D SDN MH Y SURJUDPX QXWQp
ML PČQLW QD WĜHFK PtVWHFK
Ŷ OHSãtP ĜHãHQtP MH SRXåtW SRMPHQRYDQRX NRQVWDQWX .21(&
VFQH[W,QW
`
Ɣ ] PQRKD GĤYRGĤ ]GH ]DWtP MHQ GĤYRG OHSãt þLWHOQRVWL D YLGLWHOQRVWL XPtVĢXMHPH SRMPHQRYDQRX NRQ
VWDQWX Y SURJUDPX KQHG ]D MPpQR WĜtG\ D GiYiPH Mt SUHIL[\ ILQDO VWDWLF
Ƈ ]DSRPHQHPHOL QD VWDWLF SURJUDP QHO]H SĜHORåLW D NRPSLOiWRU KOiVt QDSĜ
6HNYHQFHMDYD QRQVWDWLF YDULDEOH .21(& FDQQRW EH UHIHUHQFHG IURP Ź
D VWDWLF FRQWH[W
VFQH[W,QW
`
]iYČUHþQê WLVN
Ŷ VRXþDVQČ SURJUDP XSUDYtPH WDN DE\ ãHO SRXåtYDW L SUR ]iSRUQi þtVOD
Ɣ SURPČQQRX GRVXG1HMYHWVL+RGQRWD QHEXGHPH LQLFLDOL]RYDW KRGQRWRX MDNR GĜtYH DOH KRGQRWRX
,QWHJHU0,1B9$/8(
Ƈ WR MH QHMPHQãt PRåQp þtVOR YL] GĜtYH D MDNpNROLY MLQp QiPL ]DGDQp þtVOR EXGH YČWãt SĜtSDGQČ VWHMQp
SRþiWHþQtP LQLFLDOL]DFt GRVXG1HMYHWVL+RGQRWD
GČML VL XNiåHPH MLQp ĜHãHQt
RPH]XMHPH SURJUDP MHQ QD NODGQi þtVOD ± SR]
Ƈ ]iSLV ,QWHJHU0,1B9$/8( MH XNi]NRX SRMPHQRYDQp NRQVWDQW\ ] NQLKRYQ\ -DYD ± NRQVWDQWD
.21(& SRXåtYi VWHMQê SULQFLS Y\WYRĜHQt SRMPHQRYDQp NRQVWDQW\
3RXåLWt F\NOX
LPSRUW MDYDXWLO
PtVWR RSDNXMtFtKR VH NyGX SRXåLMHPH SURJUDPRYp RSDNRYiQt ± F\NOXV
SXEOLF FODVV 6HNYHQFH ^
ILQDO VWDWLF LQW .21(&
LQW SRVOHGQH=DGDQD+RGQRWD
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
GR ^
6\VWHPRXWSULQW=DGHM FHOH FLVOR NRQHF SRVOHGQH=DGDQD+RGQRWD
VFQH[W,QW
`
` ZKLOH SRVOHGQH=DGDQD+RGQRWD 3ĜHGQiãN\ .,933$ 3DYHO +HURXW LQW SRVOHGQH=DGDQD+RGQRWD
,QWHJHU0,1B9$/8(
GR ^
6\VWHPRXWSULQW=DGHM FHOH FLVOR 3ĜHGQiãN\ .,933$ 3DYHO +HURXW .21(& NRQHF SRVOHGQH=DGDQD+RGQRWD
VFQH[W,QW
`
` ZKLOH SRVOHGQH=DGDQD+RGQRWD .21(&
]iYČUHþQê WLVN
3R]QiPND
=D LI YåG\ SRXåLMWH VORåHQê SĜtND] WM ^ ` ± Y\KQHWH VH WtP PQRKD SUREOpPĤP
=QDN SURIHVLRQDOLW\ QHQt QDSVDW FR QHM~VSRUQČMãt ]GURMRYê NyG DOH ]GURMRYê NyG YH NWHUpP
VH NDåGê Y\]Qi
Ɣ ~SOQi SRGPtQND
Ƈ SĜL VSOQČQp SRGPtQFH VH SURYHGH MHGQD þiVW NyGX D GUXKi QH
`
`
Ƈ SĜL QHVSOQČQp SRGPtQFH VH SURYHGH GUXKi þiVW NyGX D SUYQt QH
Y\StãH QDSĜ
=DGHM FHOH FLVOR
=DGHM FHOH FLVOR
=DGHM FHOH FLVOR
=DGHM FHOH FLVOR
1HMYHWVL FLVOR
NRQHF
NRQHF
NRQHF
NRQHF
ERROHDQ EXGX5LGLW
WUXH SĜtSDGQČ IDOVH
LQW SRFHW3LY
LQW SRFHW/LPRQDG
LI EXGX5LGLW
IDOVH ^
SRFHW3LY
6\VWHPRXWSULQWOQ1HULGLP Y\SLO MVHP SRFHW3LY SLY
`
HOVH ^
SRFHW/LPRQDG
6\VWHPRXWSULQWOQ5LGLP Y\SLO MVHP SRFHW/LPRQDG OLPRQDG
`
3RGPtQND ± SĜtND] LI
Ŷ Y ]iYLVORVWL QD VSOQČQt SRGPtQN\ VH SURYHGH MHQ XUþLWi þiVW SURJUDPX
Ɣ SRGPtQND MH ORJLFNê YêUD] X]DYĜHQê GR ]iYRUHN
Ƈ REVDKXMH UHODþQt RSHUiWRU\ ! L !
Ŷ GR LI O]H YORåLW OLERYROQê SĜtND] WHG\ L GDOãt LI
Ƈ þDVWR MH SRGPtQND VORåHQD ] YtFH ORJLFNêFK YêUD]Ĥ NWHUp MVRX SDN VSRMHQ\ ORJLFNêPL RSHUiWRU\ DQHER __
L L Ƈ Pi ERROHRYVNRX KRGQRWX WUXH ± ÄSRGPtQND VSOQČQD³ QHER IDOVH ± ÄSRGPtQND QHVSOQČQD³
LI GDO6L3LYR
WUXH ^
LI GHVLWNX
WUXH ^
SRFHW'HVLWHN
`
`
HOVH ^
SRFHW/LPRQDG
`
Ɣ WHQWR SURJUDP O]H ]GiQOLYČ VWHMQČ QDSVDW L SRPRFt VORåHQp SRGPtQN\
Ŷ LI Pi GYRMt WYDU
LI GDO6L3LYR
WUXH
SRFHW'HVLWHN
`
HOVH ^
SRFHW/LPRQDG
`
Ɣ QH~SOQi SRGPtQND
Ƈ SĜL VSOQČQp SRGPtQFH VH SURYHGH þiVW NyGX
Ƈ SĜL QHVSOQČQp SRGPtQFH VH QHSURYHGH QLF
ERROHDQ PDP3HQL]H
WUXH SĜtSDGQČ IDOVH
LQW SRFHW3LY
LI PDP3HQL]H
WUXH ^
SRFHW3LY
`
6\VWHPRXWSULQWOQ9\SLO MVHP SRFHW3LY SLY
GHVLWNX
WUXH ^
DOH IXQNþQRVW MH WURFKX MLQi ± VQDKD Y\KêEDW VH VORåHQêP SRGPtQNiP
Ƈ SRXåtW PtVWR QLFK ]DQRĜHQp LI ± SURJUDP VH OpSH ODGt
Ŷ SĜtND] HOVHLI ± SRXåtYi VH SĜL QČNROLNDQiVREQpP UR]KRGRYiQt
Ɣ PiPHOL YtFH UR]KRGRYiQt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW \
SRXåLMHPH YtFH LI ]D VHERX
SRP
`
Ƈ SRPDOHMãt
FK\ERX MH
Ƈ PpQČ PRåQRVWt
LI [ \ ^
[
\
\
[
`
FKDU F
%
LI F ! $
F =
^
6\VWHPRXWSULQWOQ9HONH SLVPHQR F
`
LI F ! D
F ]
^
6\VWHPRXWSULQWOQ0DOH SLVPHQR F
`
LI F ! F ^
6\VWHPRXWSULQWOQ&LVOLFH F
`
&\NO\
Ŷ SRXåtYiPH SRNXG MH YêKRGQp DE\ VH VHNYHQFH SĜtND]Ĥ RSDNRYDOD
Ŷ WHUPLQRORJLH
Ɣ ĜtGtFt SURPČQQi F\NOX ± SURPČQQi QD NWHUp ]iYLVt XNRQþHQt F\NOX
SRXåLMHPH NRQVWUXNFL HOVHLI
Ƈ Y LGHiOQtP VWDYX H[LVWXMH SRX]H MHGQD
Ƈ U\FKOHMãt ± QHSURFKi]t ]E\WHþQČ QHVSOQLWHOQp SRGPtQN\
Ɣ SRGPtQND XNRQþXMtFt F\NOXV ± ORJLFNê YêUD] REVDKXMtFt ĜtGtFt SURPČQQRX F\NOX
Ƈ PRåQRVW ]iYČUHþQpKR HOVH
Ɣ KODYLþND F\NOX ± NOtþRYp VORYR IRU QHER ZKLOH D YêUD]\ Y QiVOHGXMtFtFK LI F ! $
F =
^
6\VWHPRXWSULQWOQ9HONH SLVPHQR F
`
HOVH LI F ! D
F ]
^
6\VWHPRXWSULQWOQ0DOH SLVPHQR F
`
HOVH LI F ! F ^
6\VWHPRXWSULQWOQ&LVOLFH F
`
HOVH ^
6\VWHPRXWSULQWOQ,QWHUSXQNFH F
`
Ƈ KODYLþND SĜHGVWDYXMH QXWQRX DGPLQLVWUDWLYX
Ɣ WČOR F\NOX ± SĜtND]\ NWHUp SRWĜHEXMHPH RSDNRYDQČ SURYpVW
Ƈ WČOR SĜHGVWDYXMH YêNRQQê NyG
3R]QiPND
3RNXG MH WČOR YãHFK WĜt GiOH XYHGHQêFK F\NOĤ WYRĜHQR MHQ MHGQtP SĜtND]HP QHY\åDGXMH SĜHNODGDþ
QDUR]GtO RG SĜHGQiãHMtFtKR NROHP WČOD F\NOX ^ `
'REUi UDGD ± ]iVDGQČ WRWR ]MHGQRGXãHQt QHSRXåtYDW 3RNXG WČOR F\NOX X]DYĜHWH YåG\ GR ^ `
W]Q SRYDåXMHWH MHM YåG\ ]D VORåHQê SĜtND] Y\KQHWH VH PQRKD SUREOpPĤP
Ŷ SĜtNODG\
&\NOXV IRU
Ɣ SĜL VORåHQêFK SRGPtQNiFK GĤVOHGQČ ]iYRUNRYDW
Ŷ YKRGQê Y SĜtSDGČ åH SĜHGHP ]QiPH RPH]XMtFt NULWHULD WHG\
LQW URN
LI URN URN __ URN ^
6\VWHPRXWSULQWOQ3UHVWXSQ\ URN URN
`
Ɣ SRþiWHþQt QDVWDYHQt ĜtGtFt SURPČQQp
Ɣ NRQFRYRX KRGQRWX ĜtGtFt SURPČQQp
Ɣ ]SĤVRE RYOLYQČQt ĜtGLFt SURPČQQp SR NDåGp RWiþFH F\NOX
Ɣ SURKR]HQt REVDKX SURPČQQêFK
Ŷ WHVWXMH SRGPtQNX F\NOX SĜHG Y\NRQiQtP WČOD F\NOX
LI [ \ ^
LQW SRP
[
[
\
Ɣ WČOR F\NOX SUREČKQH SRNXG MH SRGPtQND VSOQČQD
Ɣ F\NOXV QHPXVt SUREČKQRXW DQL MHGQRX
Ŷ REHFQi VWUXNWXUD
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW ILQDO VWDWLF LQW 0$;
IRU LQW L
L 0$; L ^
6\VWHPRXWSULQWOQDKRM
`
IRU LQLFLDOL]DFH XNRQþXMtFt SRGPtQND ]PČQD ĜtGtFt SURPČQQp ^
WČOR F\NOX
`
Ŷ W\SLFNê ]iSLV F\NOX IRU
&\NOXV ZKLOH
ILQDO VWDWLF LQW 0$;
IRU LQW L
L 0$;
6\VWHPRXWSULQWOQL
`
Ŷ YKRGQê ]iYLVtOL XNRQþRYDFt SRGPtQND QD QČMDNpP SĜtND]X Y WČOH F\NOX
L ^
Ɣ QHYtPH GRSĜHGX NROLNUiW F\NOXV SUREČKQH
Ɣ W\SLFNi DNFH MH þWHQt QČMDNêFK KRGQRW Då GR MHMLFK Y\þHUSiQt
3R]QiPND
Ŷ WHVWXMH SRGPtQNX F\NOX SĜHG Y\NRQiQtP WČOD F\NOX
6\QWD[H SĜtND]X IRU XPRåĖXMH ]iSLV PQRKD UĤ]QêPL GDOãtPL ]SĤVRE\ 'REUi UDGD ± QHSRXåtYDW
MH SURWR MHMLFK SĜtNODG\ ]GH QHEXGRX XYiGČQ\ 1HMKRUãt ÄSURKĜHãHN³ MH ]PČQD ĜtGtFt SURPČQQp
Y WČOH F\NOX YL] Wpå GiOH
Ɣ WČOR F\NOX SUREČKQH SRNXG MH SRGPtQND VSOQČQD
Ɣ F\NOXV QHPXVt SUREČKQRXW DQL MHGQRX
Ŷ YêSRþHW IDNWRULiOX
Ŷ REHFQi VWUXNWXUD
SXEOLF FODVV )DNWRULDO ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
VSUiYQp QDVWDYHQt ĜtGtFt SURPČQQp
ZKLOH XNRQþXMtFt SRGPtQND ^
6\VWHPRXWSULQW=DGHM FHOH FLVOR LQW Q
VFQH[W,QW
LQW I
IRU LQW L
L Q L ^
I L
`
6\VWHPRXWSULQWOQI
I
WČOR F\NOX YH NWHUpP VH PČQt ĜtGtFt SURPČQQi
`
Ŷ ]iSLV F\NOX ZKLOH ± QDþtWiQt þtVHO GRNXG QHQt ]DGiQD XNRQþXMtFt QXOD
6\VWHPRXWSULQWOQ=DGDYHM FHOD FLVOD LQW L
VFQH[W,QW
ZKLOH L ^
6\VWHPRXWSULQWOQL L
VFQH[W,QW
`
`
`
Ŷ ]PČQD ĜtGtFt SURPČQQp QHPXVt EêW MHQ LQNUHPHQWDFH
NRQHF Ɣ SURJUDP SRþtWi VRXþLQ YãHFK OLFKêFK þtVHO
LQW VRXFLQ
IRU LQW L
L VRXFLQ L
`
Ŷ W\SLFNê ]iSLV F\NOX ZKLOH ± QDþtWiQt þtVHO GRNXG QHQt ]DGiQD XNRQþXMtFt QXOD
0$;
L Ɣ Y\XåtYi VH WRKR åH SĜLĜD]HQt MH YêUD]
^
Ɣ ]iYRUN\ NROHP SĜLĜD]HQt MVRX QXWQp ± EH] QLFK FK\ED SĜHNODGX
Ŷ W\SLFNi D YHOPL QHSĜtMHPQi FK\ED ± VWĜHGQtN QDYtF ]D KODYLþNRX F\NOX
Ɣ SĜtND] YêSLVX QHQt YH VNXWHþQRVWL SĜtND]HP Y WČOH F\NOX DOH VDPRVWDWQê SĜtND] ]D F\NOHP SURWR SUR
EČKQH SRX]H MHGQRX
ZKLOH L
VFQH[W,QW ^
6\VWHPRXWSULQWOQL `
NRQHF Ɣ WDWR FK\ED MH PQRKHP SUDYGČSRGREQČMãt SRNXG QHSRXåtYiWH ^ ` RNROR WČOD F\NOX
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 6\VWHPRXWSULQWOQ=DGDYHM FHOD FLVOD ZKLOH WUXH ^
LQW L
VFQH[W,QW
LI L ^
FRQWLQXH
GDOVL QDFLWDQL
`
LI L
^
EUHDN
NRQHF F\NOX
`
6\VWHPRXWSULQWOQL `
3R]QiPND
, NG\å O]H F\NOXV IRU YåG\ QDKUDGLW F\NOHP ZKLOH ]iVDGQČ WR QHGČOiPH .DåGê Pi VYRX MDVQRX
REODVW SRXåLWt
&\NOXV GRZKLOH
Ŷ SRGREQê F\NOX ZKLOH
Ɣ SRXåtYi VH PQRKHP PpQČ þDVWR
NRQHF Ŷ WHVWXMH SRGPtQNX F\NOX SR Y\NRQiQt WČOD F\NOX
Ŷ XNi]ND SRXåLWt FRQWLQXH ± ]DPH]t PQRKRQiVREQpPX YQRĜHQt SRGPtQHN
Ɣ WČOR F\NOX SUREČKQH ]QRYX SRNXG MH SRGPtQND VSOQČQD
Ɣ F\NOXV MH RSXãWČQ SĜL QHVSOQČQp SRGPtQFH
Ɣ PQRKRQiVREQp YQRĜHQt SRGPtQHN VH SĜL ODGČQt VWiYi ÄQRþQt PĤURX³
6\VWHPRXWSULQWOQ=DGDYHM FHOD FLVOD NRQHF LQW L
ZKLOH L
VFQH[W,QW ^
LI L ^
FRQWLQXH
`
LI L ^
FRQWLQXH
`
6\VWHPRXWSULQWOQ/LFKH NODGQH L
`
Ɣ F\NOXV SUREČKQH PLQLPiOQČ MHGQRX
Ŷ ]iSLV F\NOX GRZKLOH ± QDþtWiQt þtVHO GRNXG QHQt ]DGiQD XNRQþXMtFt QXOD
GR ^
L
VFQH[W,QW
6\VWHPRXWSULQWOQL ` ZKLOH L NRQHF 3ĜtND]\ EUHDN D FRQWLQXH
EH] SRXåLWt FRQWLQXH MVRX SRGPtQN\ REUiFHQp D SURJUDP MH NUDWãt SRNXG E\ E\OR DOH SRGPtQHN YtFH
D YêNRQQi þiVW GHOãt ]GH MH MHQ MHGHQ SĜtND] 6\VWHPRXWSULQWOQ E\OR E\ ]DQRĜHQt QH~QRVQp
D ODGČQt E\ E\OR REWtåQČMãt
Ŷ PČQt SRGPtQN\ ]SUDFRYiQt F\NOX QH]iYLVOH QD ĜtGtFt SURPČQQp
Ɣ O]H MH SRXåtW YH YãHFK XYHGHQêFK W\SHFK F\NOĤ
6\VWHPRXWSULQWOQ=DGDYHM FHOD FLVOD NRQHF LQW L
ZKLOH L
VFQH[W,QW ^
LI L ! ^
LI L ^
6\VWHPRXWSULQWOQ/LFKH NODGQH L
`
`
`
Ɣ SRNXG MVRX F\NO\ YQRĜHQ\ GR VHEH SĤVREt QD WHQ F\NOXV YH NWHUpP MVRX XYHGHQ\
Ŷ EUHDN ± XNRQþXMH LKQHG RSRXãWt F\NOXV
Ɣ SUDNWLFN\ VH SRXåtYi SUR
Ƈ SĜHGþDVQp XNRQþHQt F\NOX QDSĜ SĜL YêVN\WX FK\E\
Ƈ ĜiGQp XNRQþHQt QHNRQHþQpKR F\NOX YL] GiOH
Ŷ FRQWLQXH ± VNiþH QD NRQHF WČOD F\NOX WM SĜHVNRþt ]E\WHN WČOD F\NOX D WtP Y\QXWt GDOãt LWHUDFL VP\þN\
± F\NOXV QHRSRXãWt
Ŷ EXGHPH YåG\ ]SUDFRYiYDW SRVORXSQRVW FHOêFK þtVHO QDþtWDQêFK ] NOiYHVQLFH
Ɣ SRXåtYi VH PQRKHP PpQČ QHå EUHDN SĜtNODG YL] GiOH
Ŷ SURJUDP QDþtWi FHOi þtVOD SRNXG MVRX NODGQi Y\StãH MHMLFK GYRMQiVREHN ]iSRUQêFK VL QHYãtPi QXOD
XNRQþt F\NOXV
Ɣ MH SRXåLW QHNRQHþQê F\NOXV ZKLOHWUXH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜtNODG\ SRXåLWt F\NOĤ D XNRQþRYDFt SRGPtQN\
Ɣ ]SUDFRYiQt EXGH SĜHGVWDYRYDW VRXþHW WČFKWR þtVHO
Ŷ DOJRULWPXV ]DSVDQê Y SVHXGRMD]\FH MH
VXPD
GRNXG QHMVRX SĜHþWHQD YãHFKQD þtVOD ^
3ĜHGQiãN\ .,933$ 3DYHO +HURXW þtVOR
VXPD
QDþWL þtVOR
VXPD þtVOR
Ɣ RSČW W\SLFNp SRXåLWt F\NOX IRU
Ɣ SURJUDP MH ÄSUXåQČMãt³ ± SUR MLQê SRþHW þtVHO QHQt QXWQR PČQLW ]GURMRYê NyG
`
YêSLV VXPD
SXEOLF FODVV 3RVORXSQRVW=DGDQ\3RFHW ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
Ŷ PRåQRVWL MDN XUþLW ]GD MVRX MLå SĜHþWHQD YãHFKQD þtVOD
SRþHW þtVHO EXGH YåG\ VWHMQê QDSĜ LQW Q
LQW VXPD
6\VWHPRXWSULQW=DGHM SRFHW FLVHO Q
VFQH[W,QW
6\VWHPRXWSULQWOQ=DGHM Q
FHO\FK FLVHO
IRU LQW L
L Q L ^
LQW FLVOR
VFQH[W,QW
VXPD FLVOR
`
6\VWHPRXWSULQWOQ6XPD
VXPD
SRþHW VþtWDQêFK þtVHO EXGH XUþHQ SUYQtP QDþWHQêP þtVOHP NWHUp QHEXGH VXPRYiQR
SRþHW þtVHO MH XUþHQ NRQFRYRX ]DUiåNRX WM GRPOXYHQRX KRGQRWRX NWHUi VH QHPĤåH PH]L UHJXOpUQČ
]SUDFRYiYDQêPL þtVO\ Y\VN\WQRXW ± ]GH Ŷ IRUPiOQt VWUXNWXUD YVWXSQtFK GDW
F F F F F
Q F F FQ
`
F F FN NGH FL `
Ŷ ĜHãHQt ± SHYQê SRþHW GDW
Ŷ ĜHãHQt ± GDWD XNRQþHQD ]DUiåNRX
Ɣ YVWXSQt GDWD F F F F F
Ɣ YVWXSQt GDWD F F FN NGH FL Ɣ ]GH MH W\SLFNp SRXåLWt F\NOX IRU
Ɣ W\SLFNp SRXåLWt F\NOX ZKLOH
Ɣ SRþHW GDW MH QH]E\WQp ]DGDW SRPRFt SRMPHQRYDQp NRQVWDQW\ ± ]GH 0$;
Ƈ SUR MLQê SRþHW YVWXSQtFK GDW MH VLFH QXWQp ]PČQLW ]GURMRYê NyG DOH MHQ QD MHGQRP SĜHVQČ GHILQRYDQpP
PtVWČ
SXEOLF FODVV 3RVORXSQRVW3HYQ\3RFHW ^
Ɣ YHONê SUREOpP MH ]YROLW YKRGQRX KRGQRWX ]DUiåN\
Ƈ SRNXG E\FKRP QDSĜ FKWČOL SURJUDP PRGLILNRYDW QD SRþtWiQt DULWPHWLFNpKR SUĤPČUX KRGQRWD ]DUiåN\
E\ SĜHVWDOD Y\KRYRYDW
SXEOLF FODVV 3RVORXSQRVW=DUD]ND ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
LQW VXPD
6\VWHPRXWSULQWOQ=DGDYHM FHOD FLVOD
NRQHF LQW FLVOR
ZKLOH FLVOR
VFQH[W,QW ^
VXPD FLVOR
`
VXPD
LQW VXPD
6\VWHPRXWSULQWOQ=DGHM 0$;
FHO\FK FLVHO
IRU LQW L
L 0$; L ^
LQW FLVOR
VFQH[W,QW
VXPD FLVOR
`
VXPD
`
`
`
`
Ŷ F\NO\ PRKRX EêW YQRĜHQp
Ŷ ĜHãHQt ± SRþHW GDW ]DGiQ MDNR SUYQt þtVOR
Ɣ X F\NOĤ IRU ]FHOD EČåQi ]iOHåLWRVW
Ɣ YVWXSQt GDWD Q F F FQ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW ILQDO VWDWLF LQW 0$;B,
ILQDO VWDWLF LQW 0$;B-
± QHQt SRXåLW UHODþQt RSHUiWRU DOH FRå VSROHþQČ V QHYKRGQêP SRþiWHþQtP QDVWDYHQtP ]SĤVREt åH F\NOXV SUREČKQH FFD PLOLDUGNUiW QHå VH L SĜHWHþHQtP GRVWDQH QD KRGQRWX ± ĜtGtFt SURPČQQi F\NOX QHQt PČQČQD Y KODYLþFH F\NOX DOH Y MHKR WČOH
IRU LQW L
L 0$;B, L ^
IRU LQW M
M 0$;B- M ^
LQW N
L 0$;B- M
6\VWHPRXWIRUPDWG N
`
6\VWHPRXWSULQWOQ RGUDGNRYDQL QD NRQFL F\NOX M
`
MH WR QD ãSDWQČ YLGLWHOQpP PtVWČ
SĜL SR]GČMãt ]PČQČ WČOD F\NOX PĤåH SĜtND] L ]FHOD ]PL]HW D F\NOXV VH VWDQH QHNRQHþQêP
LQW L
IRU L ^
6\VWHPRXWSULQWL
`
Y\StãH
3R]QiPND
-H PRåQp SRUXãLW EH]WUHVWQČ NDåGRX ]iVDGX SRNXG YtPH FR GČOiPH 3RUXãtPHOL MLFK DOH YtFH
QDMHGQRX SUDYGČSRGREQRVW SUREOpPĤ VH SUXGFH ]Y\ãXMH
Ɣ X F\NOĤ ZKLOH MH WĜHED GEiW ]YêãHQp RSDWURVWL DE\ F\NOXV VNRQþLO
9êVWUDKD
Ƈ Y SĜtSDGČ ]DQRĜRYiQt GYRX D YtFH F\NOĤ ZKLOH MH GREUp VH ]DP\VOHW ]GD YQRĜHQê F\NOXV QHQt VStãH
W\SX IRU
Ŷ F\NOXV QHPXVt SUREČKQRXW DQL MHGQRX ± RSČW MH SUREOpP YH YVWXSQtFK SRGPtQNiFK
.RQHþQRVW F\NOĤ
Ɣ SURPČQQi FLVOR MH GHNODURYDQi GDOHNR RG KODYLþN\ F\NOX
Ŷ MHGQD ]H ]iVDGQtFK SRGPtQHN DOJRULWPX ± NRQHþQRVW ± VH QHMVQi]H SRUXãt FK\ERX Y F\NOX
Ɣ MH LQLFLDOL]RYDQi QD EČåQRX KRGQRWX NWHUi MH DOH Y WRPWR SĜtSDGČ QHãĢDVWQi
Ɣ F\NOXV Pi ãSDWQČ QDVWDYHQRX SRGPtQNX XNRQþHQt
Ɣ KRGQRWD FLVOR VH PČQt Då Y WČOH F\NOX NDP VH SURJUDP QHGRVWDQH
Ƈ SURJUDP VH Ä]DF\NOt³ D MH QXWQp MHM QiVLOQČ XNRQþLW Y NUDMQtP SĜtSDGČ Y\SQXWtP SRþtWDþH
Ŷ ]iNODGQt SUDYLGOR ± ĜtGtFt SURPČQQi F\NOX VH PXVt SĜL NDåGp RWiþFH F\NOX ]PČQLW
Ɣ GRGUåXMHPHOL GRSRUXþHQp SRXåLWt IRU D ZKLOH MH SRUXãHQt WRKRWR SUDYLGOD REWtåQp D YČWãLQRX MH
]SĤVREHQR SĜHNOHSHP
IRU LQW L
L 0$;B, L ^
IRU LQW M
L 0$;B- M ^
LQW N
L 0$;B- M
6\VWHPRXWIRUPDWG N
`
6\VWHPRXWSULQWOQ
`
.DåGp SRUXãHQt ]iVDG\ Y\åDGXMH GĤVOHGQê NRPHQWiĜ YH NWHUpP MH Y\VYČWOHQ GĤYRG
]GH MH FK\ED
LQW VXPD
LQW FLVOR
6\VWHPRXWSULQWOQ=DGDYHM FHOD FLVOD
NRQHF ZKLOH FLVOR ^
FLVOR
VFQH[W,QW
VXPD FLVOR
`
VXPD
Y\StãH
=DGDYHM FHOD FLVOD 6XPD
NRQHF
Ŷ GUXKp SUDYLGOR ± GR F\NOX VH PXVt YVWRXSLW V MDVQČ GHILQRYDQêPL SRþiWHþQtPL SRGPtQNDPL
Ɣ WR RSČW VSOĖXMt W\SL]RYDQi SRXåLWt IRU D ZKLOH
3ĜHStQDþ ± SĜtND] VZLWFK
Ɣ þtP QHVWDQGDUGQČML QDSVDQê F\NOXV WtP Y\ããt SUDYGČSRGREQRVW FK\E\
Ŷ XPRåĖXMH QČNROLNDQiVREQp YČWYHQt SURJUDPX ± YČWHY SĜHStQDþH
Ƈ SĜtNODG SRUXãXMH QČNROLN ]iVDG
Ŷ QHSRXåtYi VH SĜtOLã þDVWR
± ĜtGtFt SURPČQQi F\NOX MH GHNODURYiQD YQČ F\NOX D GR F\NOX SĜLFKi]t V QHMDVQRX KRGQRWRX GHNOD
UDFH D QDVWDYHQt L PRKRX SUREČKQRXW PQRKHP GĜtYH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ ]iNODGQt WYDU SĜtND]X
3ĜHGQiãN\ .,933$ 3DYHO +HURXW VZLWFK YêUD] ^
FDVH NRQVWDQWDB SĜtND]\B
EUHDN
FDVH NRQVWDQWDBQ SĜtND]\BQ
EUHDN
EUHDN
FDVH 6\VWHPRXWSULQWOQ SS SLYD
EUHDN
EUHDN
GHIDXOW SĜtND]BGHI
EUHDN
GHIDXOW 6\VWHPRXWSULQWOQ SS SLY
EUHDN
`
`
`
Ŷ NRQVWDQW\ MVRX VWHMQpKR W\SX MDNR YêUD] ± QHMþDVWČML LQW QHER FKDU
`
9êVWUDKD
Ŷ ]NUiFHQê SĜtNODG ± MHQ SUR SRNURþLOp
1HO]H QDSVDW YêþHW NRQVWDQW QHER MHMLFK LQWHUYDO 7\WR SĜtSDG\ MH QXWQp ĜHãLW VHNYHQFt HOVHLI
± SĜtNODG YL] GiOH
Ɣ Y\QHFKiPHOL YH YČWYL EUHDN SURJUDP Y\NRQiYi YãHFKQ\ SĜtND]\ GDOãt YČWYH
SXEOLF FODVV 6ZLWFK=NUDFHQH ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
Ŷ SĜtND]\ SĜHGVWDYXMt VORåHQp SĜtND]\ NWHUp VH QHX]DYtUDMt GR ^ `
Ŷ VpPDQWLND ]MHGQRGXãHQČ
Ɣ Y\SRþWH VH KRGQRWD YêUD]X
6\VWHPRXWSULQW=DGHM SRFHW SLY LQW SS
VFQH[W,QW
VZLWFK SS ^
FDVH 6\VWHPRXWSULQWOQ SS SLYR
EUHDN
Ɣ QDOH]QH VH NRQVWDQWD RGSRYtGDMtFt Y\SRþWHQp KRGQRWČ
Ɣ SURYHGRX VH YãHFKQ\ SĜtND]\ Y WpWR YČWYL
Ɣ SURJUDP RSRXãWt SĜHStQDþ
FDVH FDVH FDVH 6\VWHPRXWSULQWOQ SS SLYD
EUHDN
Ɣ QHQtOL QDOH]HQD RGSRYtGDMtFt NRQVWDQWD SURYHGRX VH SĜtND]\ YH YČWYL GHIDXOW
Ŷ W\SLFNê SĜtNODG
Ɣ MH ]GH YLGČW ÄQHGXK³ SĜHStQDþH ± SRWĜHED YHONp DGPLQLVWUDWLY\
Ɣ QD GUXKRX VWUDQX MH QDSURVWR MDVQp FR VH GČMH Y NDåGp YČWYL
GHIDXOW 6\VWHPRXWSULQWOQ SS SLY
EUHDN
SXEOLF FODVV 6ZLWFK ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
`
`
`
6\VWHPRXWSULQW=DGHM SRFHW SLY LQW SS
VFQH[W,QW
VZLWFK SS ^
FDVH 6\VWHPRXWSULQWOQ SS SLYR
EUHDN
Ŷ WHQWêå SĜtNODG ]D SRXåLWt VHNYHQFt HOVHLI
Ɣ SURJUDP MH NUDWãt RWi]ND MH ]GD MH VWHMQČ GREĜH þLWHOQê
SXEOLF FODVV 6ZLWFK(OVH,I ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 6\VWHPRXWSULQW=DGHM SRFHW SLY LQW SS
VFQH[W,QW
LI SS
^
6\VWHPRXWSULQWOQ SS SLYR
`
HOVH LI SS ! SS ^
6\VWHPRXWSULQWOQ SS SLYD
`
HOVH ^
6\VWHPRXWSULQWOQ SS SLY
`
þOHQ
þOHQ
þOHQ [ þOHQ
þOHQ [ þOHQ
þOHQ [ Ɣ SUR ]YêãHQt SĜHKOHGQRVWL YêSLVĤ VH Y\SODWt ÄSRKUiW³ VL V IRUPiW\ YêSLVĤ ]GH
6\VWHPRXWIRUPDWL G FOHQ I VXPD IQ L FOHQ VXPD
LPSRUW MDYDXWLO
`
`
SXEOLF FODVV /DGLFL9\SLV\ ^
ILQDO VWDWLF GRXEOH (36
H
3R]QiPND
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
3ĜtND] EUHDN YH VZLWFK MH QDSURVWR VWHMQê MDNR EUHDN Y F\NOHFK 6WDQHOL VH åH MH VZLWFK Y
F\NOX QHER QDRSDN F\NOXV Y QČNWHUp YČWYL VZLWFK XNRQþt EUHDN SURYiGČQt MHPX EOLåãtKR SĜtND]X
6\VWHPRXWSULQWOQ,WHUDFQL Y\SRFHW H[
6\VWHPRXWSULQW=DGHM [ LQW [
VFQH[W,QW
ODGLFL Y\SLV
6\VWHPRXWSULQWOQ[ [
/DGČQt
0RWWR 3URJUDP VH SRGDĜLOR SĜHORåLW EH] FK\E\ WDNåH PXVt WDNp VSUiYQČ IXQJRYDW Ŷ NURPČ QHMWULYLiOQČMãtFK SURJUDPĤ MH QXWQp SURJUDP\ ODGLW W]Q RGVWUDĖRYDW MHMLFK FK\EQp þL QHVSUiYQp
FKRYiQt
Y\SRFHW
GRXEOH VXPD
GRXEOH FOHQ
LQW L
Ɣ þLQQRVW VH QD]êYi ODGČQt QHER þDVWČML GHEXJJLQJ D SRXåtYDQê QiVWURM MH GHEXJJHU
Ŷ Y\ããt Ii]t ODGČQt MH WHVWRYiQt ± SRGUREQRVWL QDSĜ Y .,9=6:,
ZKLOH FOHQ ! (36 ^
FOHQ GRXEOH [ L
VXPD FOHQ
ODGLFL Y\SLV
6\VWHPRXWIRUPDWL G FOHQ I VXPD IQ L FOHQ VXPD
L
`
0HWRGD ODGtFtFK YêSLVĤ
Ŷ SRXåtYiPH QHPiPHOL N GLVSR]LFL GHEXJJHU
Ɣ QD YKRGQi PtVWD SURJUDPX YORåtPH 6\VWHPRXWSULQWOQ SRPRFt QČMå Y\SLVXMHPH REVDK\ GĤ
OHåLWêFK SURPČQQêFK
6\VWHPRXWSULQWOQ9\VOHGHN VXPD
Ƈ WDN O]H ]MLVWLW MDNêPL FHVWDPL SURJUDP EČåHO D DQDOê]RX KRGQRW Y\SVDQêFK SURPČQQêFK XPtPH
QDMtW L GĤYRG SUR WXWR þLQQRVW
ODGLFL Y\SLV\
6\VWHPRXWSULQWOQ)XQNFL
0DWKH[S[
6\VWHPRXWSULQWOQ3UHVQRVW 0DWKDEV0DWKH[S[ VXPD
Ƈ WDWR PHWRGD MH VWiOH SRXåtYDQi SUR VYRML MHGQRGXFKRVW
Ƈ ]iVDGQt QHYêKRGRX MH åH PXVtPH PČQLW ]GURMRYê NyG
`
`
± SĜHG RGODGČQtP SĜLGiYDW
Y\StãH QDSĜ
± SR RGODGČQt XEtUDW
[
Ŷ XNi]ND QD SĜtNODGX YêSRþWX IXQNFH H
[ [ [ [ Ɣ SUR XU\FKOHQt YêSRþWX QHSRþtWiPH IDNWRULiO\ D PRFQLQ\ YåG\ ]QRYX DOH Y\XåLMHPH LWHUDþQt YêSRþHW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW ,WHUDFQL Y\SRFHW H[
=DGHM [ [ L FOHQ VXPD 3ĜHGQiãN\ .,933$ 3DYHO +HURXW L FOHQ VXPD L FOHQ VXPD L FOHQ VXPD L FOHQ VXPD L FOHQ VXPD L FOHQ VXPD L FOHQ VXPD L FOHQ VXPD L FOHQ VXPD 9\VOHGHN )XQNFL
3UHVQRVW (
Ŷ MH WR VRILVWLNRYDQČMãt ĜHãHQt SRMPHQRYDQêFK NRQVWDQW DQHE MDN VH Y\KQRXW PDJLFNêP þtVOĤP
Ɣ YêKRGQê Y SĜtSDGHFK NG\
Ƈ SRMPHQRYDQp NRQVWDQW\ VSROX VRXYLVHMt
Ƈ QD KRGQRWiFK NRQVWDQW QiP QH]iOHåt
Ŷ NRQWUDSĜtNODG ± QHYKRGQp SRXåLWt SRMPHQRYDQêFK NRQVWDQW
SXEOLF FODVV 3RMPHQRYDQH.RQVWDQW\ ^
ILQDO VWDWLF LQW $6,67(17
ILQDO VWDWLF LQW 2'%251<B$6,67(17
ILQDO VWDWLF LQW '2&(17
ILQDO VWDWLF LQW 352)(625
9\XåLWt JUDILFNpKR GHEXJJHUX
LQW Y\XFXMLFL
'2&(17
Ŷ VRXþDVQp YêYRMRYp QiVWURMH GiYDMt N GLVSR]LFL PQRKHP NRPIRUWQČMãt PRåQRVWL SUR ODGČQt ± GHEXJJHU\
Ŷ EČåQp PRåQRVWL GHEXJJHUX
LI Y\XFXMLFL
'2&(17 __ Y\XFXMLFL
352)(625 ^
6\VWHPRXWSULQWOQ0X]H YHVW GRNWRUDQG\
`
Ɣ QDVWDYHQt PtVW SĜHUXãHQt SURJUDPX EUHDNSRLQWV
Ƈ MVRX WR VSHFLiOQČ R]QDþHQp ĜiGN\ ]GURMRYpKR NyGX
6\VWHPRXWSULQWOQY\XFXMLFL Y\XFXMLFL
Ƈ SRNXG E\ SURJUDP PČO ]DþtW ]SUDFRYiYDW WXWR ĜiGNX ]DVWDYt VH
Y\XFXMLFL QHVP\VO DOH PR]Q\
Ɣ YêSLV\ YãHFK GRVWXSQêFK SURPČQQêFK
`
Ƈ ORNiOQt SURPČQQp VH Y\SLVXMt DXWRPDWLFN\ YãHFKQ\
`
Ƈ QHORNiOQt SURPČQQp PĤåH MLFK EêW PQRKR MVRX Y\SLVRYiQ\ ÄQD åiGRVW³
Y\StãH
0X]H YHVW GRNWRUDQG\
Y\XFXMLFL Y\XFXMLFL Ɣ NURNRYiQt SURJUDPX ĜiGNX SR ĜiGFH
Ƈ Y\QLNDMtFt SĜL ]NRXPiQt NRPSOLNRYDQČMãtFK SRGPtQHN
Ɣ NURNRYiQt GRYQLWĜ SRGSURJUDPĤ 6WHS LQWR QHER SURYHGHQt SRGSURJUDPX MDNR MHGHQ SĜtND] 6WHS
RYHU
Ŷ QD NRQWUDSĜtNODGX MVRX YLGČW QHYêKRG\ WRKRWR ĜHãHQt
Ɣ MH WĜHED SĜLGČOLW þtVOD NRQVWDQWiP Ä3URþ Pi EêW $6,67(17 MHGQLþND"³
Ɣ QDVWDYHQt SĜHUXãHQt SĜL SĜtVWXSX QHER SĜL ]PČQČ SURPČQQp
Ƈ PRåQp SUREOpP\ SĜL EXGRXFtFK ]PČQiFK
Ɣ D PQRKR GDOãtFK
Ŷ SRXåLWt GHEXJJHUX Yê]QDPQČ XU\FKOXMH ODGČQt SURJUDPX D MH YKRGQp VH QDXþLW DOHVSRĖ ]iNODGQt PRå
QRVWL
Ɣ GRSRUXþRYDQê 5$' QiVWURM (FOLSVH Pi GHEXJJHU QD Y\VRNp ~URYQL
Ɣ SĜL YêSLVX VH ]REUD]t SRX]H QLF QHĜtNDMtFt þtVOR ]GH Ɣ NRQVWUXNFH QHQt W\SRYČ EH]SHþQi O]H V Qt SURYiGČW QHVP\VOQp RSHUDFH ]GH QDSĜ QiVREHQt GYČPD
Ŷ ĜHãHQt SRPRFt YêþWRYpKR W\SX
9êþWRYê W\S
Ɣ SRXåtYiPH NOtþRYp VORYR HQXP RG HQXPHUDWLRQ ± YêþHW Y\MPHQRYiQt
3R]QiPND
Ɣ Y SURJUDPX HQXP XPtVĢXMHPH VWHMQČ MDNR SRMPHQRYDQRX NRQVWDQWX KQHG ]D Qi]HY WĜtG\
6RXþiVWt -DY\ RG -'. Ɣ PĤåHPH SĜLGDW VSHFLILNiWRU\ SXEOLF DQHER VWDWLF ]GĤYRGQČQt SR]GČML
Ɣ SUR Qi]HY YêþWRYpKR W\SX SODWt VWHMQi SUDYLGOD MDNR SUR Qi]HY WĜtG\ SUYQt StVPHQR Qi]YX YHONp
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ MHGQRWOLYp SRORåN\ YêþWRYpKR W\SX VH Stãt YHONêPL StVPHQ\ QHLQLFLDOL]XMt VH åiGQêPL þtVO\ D QD MHMLFK
SRĜDGt QH]iOHåt
Ɣ SRXåLWt Y SURJUDPX MH -PpQR9êþWRYpKR7\SX-0e12B32/2ä.<
3R]QiPND
9ãHFKQ\ XYiGČQp LQIRUPDFH XND]XMt MHQ QHM]iNODGQČMãt SRXåLWt HQXP 9êþWRYê W\S HQXP XPRåĖXMH
PQRKHP ãLUãt Y\XåLWt
Ŷ YKRGQČMãt ĜHãHQt SĜHGFKR]tKR SĜtNODGX
SXEOLF FODVV 3RX]LWL(QXP ^
HQXP 9\XFXMLFL ^$6,67(17 2'%251<B$6,67(17
'2&(17 352)(625`
9\XFXMLFL Y\XFXMLFL
9\XFXMLFL'2&(17
LI Y\XFXMLFL
9\XFXMLFL'2&(17
__ Y\XFXMLFL
9\XFXMLFL352)(625 ^
6\VWHPRXWSULQWOQ0X]H YHVW GRNWRUDQG\
`
QHO]H SUHOR]LW
Y\XFXMLFL 6\VWHPRXWSULQWOQY\XFXMLFL Y\XFXMLFL
`
`
Y\StãH
0X]H YHVW GRNWRUDQG\
Y\XFXMLFL '2&(17
Ŷ QXWQRVW SRXåtYDW GYRMLFL -PpQR9êþWRYpKR7\SX-0e12B32/2ä.< VH PĤåH ]GiW ]E\WHþQi RYãHP
SRX]H GR RNDPåLNX QHå SRXåLMHPH YtFH YêþWRYêFK W\SĤ VH VWHMQČ SRMPHQRYDQêPL SRORåNDPL
SXEOLF FODVV 9LFH(QXP ^
HQXP .DUW\ ^&(59(1$ =(/(1$ .8/( =$/8'<`
HQXP %DUY\ ^02'5$ =/87$ &(59(1$ =(/(1$`
.DUW\ N
.DUW\&(59(1$
%DUY\ E
.DUW\&(59(1$
QHO]H
%DUY\ E
%DUY\&(59(1$
6\VWHPRXWSULQWOQNDUWD N
6\VWHPRXWSULQWOQEDUYD E
`
`
Y\StãH
NDUWD &(59(1$
EDUYD &(59(1$
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜtNODG 2GVWUDãXMtFt SĜtNODG RSDNXMtFtKR VH NyGX
.DSLWROD 0HWRG\
SXEOLF FODVV 3UDYRXKO\7URMXKHOQLN%ORN ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
VFXVH/RFDOH/RFDOH86
'ĤYRG\ SRXåLWt
Ŷ MHGQD ]H ]iNODGQtFK ]iVDG Y SURJUDPRYiQt ± ÄMHGQX YČF SURJUDPRYDW SRX]H MHGQRX³
SUYQL FWHQL
GRXEOH G
GR ^
6\VWHPRXWSULQW=DGHM RGYHVQX G
VFQH[W'RXEOH
LI G ^
6\VWHPRXWSULQWOQ&K\EQH ]DGDQL
6\VWHPRXWSULQWOQ=DGHM NODGQH UHDOQH FLVOR
`
` ZKLOH G QDStãHPHOL NRQFHSþQČ FK\EQČ UR]ViKOê NyG QHWULYLiOQt SURJUDP\ MVRX UR]ViKOp MH
Ŷ PiOR SĜHKOHGQê
Ŷ REVDKXMH þiVWL NWHUp
Ɣ MVRX ]FHOD VKRGQp
Ɣ MVRX IXQNþQČ VKRGQp OLãt VH RG VHEH QDY]iMHP MHQ Y GHWDLOHFK
Ŷ ãSDWQČ VH ODGt
GUXKH FWHQL
GRXEOH G
GR ^
VFQH[W'RXEOH
LI G ^
FK\ED ] NRSLURYDQL
`
` ZKLOH G Ŷ ãSDWQČ VH PČQt þL RSUDYXMH
GRXEOH SUHSRQD
0DWKVTUWG G G G
`
`
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜtNODG /HSãt ĜHãHQt Y\XåtYDMtFt PHWRG\
Ƈ KODYLþNX PHWRG\
SXEOLF FODVV 3UDYRXKO\7URMXKHOQLN0HWRG\ ^
SXEOLF VWDWLF GRXEOH QDFWL2GYHVQX6FDQQHU VF ^
GRXEOH G
GR ^
VFQH[W'RXEOH
LI G ^
`
` ZKLOH G Ƈ QiYUDWRYRX KRGQRWX SĜHV UHWXUQ
Ɣ PHWRGiP MH þDVWR WĜHED SĜHGDW SDUDPHWU\ WM XSĜHVQČQt SRXåLWt
Ɣ ]SRþiWNX VH SRXåLWt PHWRG ]Gi MDNR NRPSOLNRYDQČMãt D SRPDOHMãt ]SĤVRE
3R]QiPND
0HWRG MH YtFH GUXKĤ ± REHFQp R]QDþHQt SUR YãHFKQ\ MH SRGSURJUDP 3RNXG PHWRGD YUDFt KRGQRWX
ĜtNi VH Mt Wpå IXQNFH 1HYUDFtOL PHWRGD KRGQRWX QD]êYi VH SURFHGXUD 3ĜtNODG\ YL] GiOH
7HUPLQRORJLH
UHWXUQ G
`
Ŷ SRXåLMHPHOL YêãH XYHGHQê SĜtNODG SDN
Ɣ SXEOLF VWDWLF GRXEOH QDFWL2GYHVQX6FDQQHU VF
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
VFXVH/RFDOH/RFDOH86
GRXEOH G
GRXEOH G
MH KODYLþND PHWRG\ Y GHNODUDFL IXQNFH SĜLþHPå
Ƈ SXEOLF MH SĜtVWXSRYp SUiYR ± SRGUREQRVWL SR]GČML
QDFWL2GYHVQXVF
QDFWL2GYHVQXVF
Ƈ VWDWLF MH R]QDþHQt ÄNDWHJRULH³ PHWRG\ ± SRGUREQRVWL SR]GČML
GRXEOH SUHSRQD
0DWKVTUWG G G G
± EH] VWDWLF QHO]H SURJUDP SĜHORåLW
`
Ƈ GRXEOH MH W\S QiYUDWRYp KRGQRW\
`
± LGHiOQt PHWRGD WRWLå SURYHGH MHGHQ XFHOHQê ~VHN þLQQRVWL D YUiWt MHGQX KRGQRWX MDNR VYĤM FHONRYê
YêVOHGHN
QHWULYLiOQt SURJUDP\ MVRX UR]ViKOp ± YČWãLQRX QHMVPH VFKRSQL MH QDSVDW MDNR MHGQX VHNYHQFL NyGX
Ŷ Y\XåtYiPH GĜtYH ]PtQČQp GHNRPSR]LFH D PHWRG\ VKRUD GROĤ ± WM RG JOREiOQtKR SUREOpPX N PHQãtP
D PHQãtP þiVWHP
Ŷ YêKRG\ SRXåLWt PHWRG
Ƈ 6FDQQHU VF ± GHNODUDFH IRUPiOQtKR SDUDPHWUX
± KRGQRWD SĜHGiYDQi GR PHWRG\ ]YQČMãNX
Ɣ SURJUDP VH VQi]H QDYUKXMH ± GtN\ PHWRGČ VKRUD GROĤ FRå WDNp XPRåĖXMH Y\WYiĜHW SURJUDP SR NURFtFK
Ɣ ]GURMRYê NyG MH SĜHKOHGQČMãt
± Y WRPWR SĜtSDGČ SUR QiV QHPi MDNR SDUDPHWU SUDNWLFNê Yê]QDP YL] GiOH
Ɣ WČOR IXQNFH YêNRQQê NyG ± SURJUDP NWHUê MH ]DSViQ PH]L ^ `
Ƈ VRXVWĜHćXMHPH VH MHQ QD MHGQX NRQNUpWQt þiVW DOJRULWPX
Ɣ UHWXUQ G ± YUiFHQt QiYUDWRYp KRGQRW\
Ɣ SURJUDP VH OpSH ODGt ]HMPpQD ]D SRXåLWt GHEXJHUĤ
Ƈ YêVOHGNHP þLQQRVWL PHWRG\ MH KRGQRWD GRþDVQČ XORåHQi Y SURPČQQp G
Ƈ L EH] SRXåLWt GHEXJHUĤ VH FK\ED VQi]H ORNDOL]XMH ± QDSĜ ÄMH WR SUREOpP YVWXSX³
Ɣ GRXEOH G
Ɣ ]PČQ\ þL RSUDY\ MVRX SRX]H QD MHGQRP PtVWČ
QDFWL2GYHVQXVF
MH YROiQt PHWRG\ SĜLþHPå
Ɣ ĜDGX NQLKRYQtFK PHWRG MLå VWHMQČ SRXåtYiPH QDSĜ SULQWOQ QHER QH[W'RXEOH WDN SURþ
QHSRXåtYDW L YODVWQt
Ƈ QiYUDWRYi KRGQRWD PHWRG\ VH XORåt GR SURPČQQp G
Ƈ VF MH VNXWHþQê SDUDPHWU YROiQt PHWRG\
Ŷ QHYêKRG\ SRXåLWt PHWRG
± MHKR SĜtSDGQi ]PČQD E\ RYOLYQLOD SDUDPHWUL]RYDOD FKRYiQt PHWRG\ ± SĜtNODG YL] GiOH
Ɣ ]Yêãt VH DGPLQLVWUDWLYD ± MH QXWQp QDYtF GRGDW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ QDFWL2GYHVQX ± MPpQR PHWRG\ GRGUåRYDW NRQYHQFL SRMPHQRYiQt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW SXEOLF FODVV 9RODQD3UHG9RODMLFL ^
SXEOLF VWDWLF YRLG WLVNLQW Q ^
6\VWHPRXWSULQWOQQ
Q
`
Ɣ PHWRGD PDLQ MH YRODMtFt D PHWRGD QDFWL2GYHVQXVF MH Y Qt YRODQi
Ƈ þDVWR MH YRODQi PHWRGD VRXþDVQČ L PHWRGRX YRODMtFt
QDSĜ PHWRGD QDFWL2GYHVQX YROi YH VYpP WČOH PHWRG\ QH[W,QW D SULQWOQ
WLVN
`
Ƈ WRWR ]ĜHWČ]HQt YROiQt QHQt QLþtP RPH]HQR
Ɣ SULQFLSLiOQt VFKpPD SĜHGiYiQt Ĝt]HQt SĜL YROiQt PHWRG
`
Ƈ PHWRGD PDLQ YROi PHWRGX PHWRGD$
Ɣ YRODQi PHWRGD PĤåH EêW XYHGHQD ]D PHWRGRX YRODMtFt
Ƈ PHWRGD PHWRGD$ YROi YH VYpP WČOH QD GYRX UĤ]QêFK PtVWHFK PHWRGX PHWRGD%
SXEOLF FODVV 9RODQD=D9RODMLFL ^
WLVN
`
SXEOLF VWDWLF YRLG WLVNLQW Q ^
6\VWHPRXWSULQWOQQ
Q
`
`
Ŷ SĜtND]Ĥ UHWXUQ PĤåH EêW Y PHWRGČ YtFH ± QHPXVt EêW MHQ MHGHQ MDNR SRVOHGQt SĜtND] PHWRG\
Ɣ SDN Pi SUDNWLFNê Yê]QDP MHOL MH UHWXUQ VRXþiVWt SRGPtQN\ QHER PpQČ þDVWR L F\NOX
Ƈ Y WRPWR SĜtSDGČ SURYHGHQt UHWXUQ ]QDPHQi SĜHGþDVQê QiYUDW ] PHWRG\
SXEOLF FODVV 9LFH5HWXUQ ^
SXEOLF VWDWLF YRLG WLVN.ODGQ\FKLQW Q ^
LI Q ^
UHWXUQ
`
6\VWHPRXWSULQWOQQ
Q
`
Ɣ PHWRG\ QHPRKRX EêW YQRĜHQp
Ƈ PHWRGD QHVPt YH VYpP WČOH REVDKRYDW GHNODUDFL MLQp PHWRG\
Ƈ 3R]RU ± GHNODUDFH QHQt YROiQt ± YL] SĜHGFKR]t SĜtNODG YROiQt
Ƈ FK\EQČ
SXEOLF VWDWLF LQW QDFWL$6HFWL'YH&LVOD ^
SXEOLF VWDWLF LQW QDFWL&LVOR ^
FK\ED LQW L
VFQH[W,QW
UHWXUQ L
`
LQW F
QDFWL&LVOR
LQW F
QDFWL&LVOR
UHWXUQ F F
`
WLVN.ODGQ\FK
WLVN.ODGQ\FK
`
`
3ĜtNODG GHNRPSR]LFH D UĤ]QêFK ]SĤVREĤ
YROiQt
Ŷ PtVWR GHNODUDFH PHWRG MH YtFHPpQČ OLERYROQp
Ɣ YRODQi PHWRGD ]GH WLVN PĤåH EêW XYHGHQD SĜHG PHWRGRX YRODMtFt ]GH PDLQ FRå MH þDVWČMãt
SĜtSDG
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ Y SĜHGFKR]tP SĜtNODGČ VH PHWRGD VQDGQR QDOH]OD ± RSDNRYDQê NyG
Ŷ MH EČåQp åH VH PHWRG\ SRXåLMt DQLå VH NyG RSDNXMH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ YRGtWNHP PĤåH EêW åH NyG PHWRG\ QHPi EêW GHOãt QHå MHGQD REUD]RYND D Pi SURYiGČW MHGQX MDVQČ
RKUDQLþHQRX GHILQRYDQRX þLQQRVW
Ɣ Y QiVOHGXMtFtP SĜtSDGČ ĜHãtPH QD VREČ QH]iYLVOH
Ƈ YVWXS ± QDFWL3ULUR]HQH&LVOR
PHWRGD EH] SDUDPHWUĤ ± þDVWê SĜtSDG NG\ PHWRGD SURYiGt VWiOH VWHMQRX þLQQRVW NWHURX QHQt WĜHED
SDUDPHWUL]RYDW YL] Wpå GiOH
Ƈ YêSRþHW ± IDNWRULDOLQW Q
LQW Q
QDFWL3ULUR]HQH&LVOR
LQW QI
IDNWRULDOQ
6\VWHPRXWSULQWOQ Q QI
`
Ɣ QHM]ĜHMPČMãt ± GRSRUXþHQR SUR ]DþiWHþQtN\
Ɣ GDMt VH GREĜH Y\SLVRYDW ODGtFt YêVOHGN\ KRGQRW\ PH]LNURNĤ D WtP XUþLW YH NWHUp PHWRGČ MH SĜtSDGQi
FK\ED
LQW Q
QDFWL3ULUR]HQH&LVOR
6\VWHPRXWSULQWOQQ
Q
LQW QI
IDNWRULDOQ
6\VWHPRXWSULQWOQ Q PHWRGD V MHGQtP IRUPiOQtP SDUDPHWUHP
± QDUR]GtO RG SĜHGFKR]tKR SĜtNODGX Pi SDUDPHWU VNXWHþQp RSRGVWDWQČQt
ODGLFL Y\SLV
QI
Ƈ KODYQt SURJUDP ± PDLQ MHQ YROi REČ PHWRG\
Ŷ PHWRGD YROi MLQRX PHWRGX MDNR VYĤM VNXWHþQê SDUDPHWU
SXEOLF FODVV )DNWRULDO0HWRG\ ^
SXEOLF VWDWLF LQW QDFWL3ULUR]HQH&LVOR ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
VFXVH/RFDOH/RFDOH86
LQW Q
GR ^
6\VWHPRXWSULQW=DGHM SULUR]HQH FLVOR Q
VFQH[W,QW
LI Q ^
6\VWHPRXWSULQWOQ&K\EQH ]DGDQL Q QHQL SULUR]HQH FLVOR
`
` ZKLOH Q SXEOLF VWDWLF YRLG PDLQ6WULQJ>@ DUJV ^
LQW QI
IDNWRULDOQDFWL3ULUR]HQH&LVOR
6\VWHPRXWSULQWOQ QI
`
Ɣ NUDWãt ]iSLV
Ɣ PpQČ SĜHKOHGQp
Ŷ YãH Y MHGQRP ± WURMQiVREQp ]DQRĜHQt YROiQt
6\VWHPRXWSULQWOQ IDNWRULDOQDFWL3ULUR]HQH&LVOR
`
UHWXUQ Q
`
Ɣ YHOPL NRPSDNWQt ]iSLV QD KUDQLFL þLWHOQRVWL
SXEOLF VWDWLF LQW IDNWRULDOLQW Q ^
LQW I
IRU LQW L
L Q L ^
I L
`
UHWXUQ I
`
Ɣ PiOR SĜHKOHGQp ± SUR ]DþiWHþQtN\ QHGRSRUXþHQp
6NXWHþQp SDUDPHWU\ PHWRG\
Ŷ UĤ]Qp PRåQRVWL VNXWHþQêFK SDUDPHWUĤ
Ɣ PHWRGD LQW IDNWRULDOLQW Q PĤåH PtW MDNR VYĤM VNXWHþQê SDUDPHWU SĜL YROiQt
LQW Q
QDFWL3ULUR]HQH&LVOR
LQW QI
IDNWRULDOQ
6\VWHPRXWSULQWOQ Q QI
`
Ƈ OLWHUiO ± SRXåLMHPH QHMþDVWČML SĜL ODGČQt PHWRG\
LQW IQ
IDNWRULDO
Ƈ SRMPHQRYDQRX NRQVWDQWX
`
LQW IQ
5Ĥ]Qp ]SĤVRE\ YROiQt PHWRG
Ƈ SURPČQQRX ± QHMþDVWČML
Ŷ NDåGi PHWRGD ]YOiãĢ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW IDNWRULDO0$;
LQW IQ
IDNWRULDOQ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ YROiQt MLQp PHWRG\ ± EČåQp
LQW IQ
Y\StãH
L
L
IDNWRULDOQDFWL3ULUR]HQH&LVOR
Ƈ REHFQê YêUD] ± UR]P\VOHW VL SĜHGHP ]GD Pi VP\VO
LQW IQ
Ŷ YêKRG\ SĜHGiYiQt KRGQRWRX
IDNWRULDOQ 0$; QDFWL3ULUR]HQH&LVOR
Ɣ VNXWHþQêP SDUDPHWUHP PĤåH EêW L YêUD]
± WĜHED GEiW ]YêãHQp RSDWUQRVWL DE\ E\O YêUD] VSUiYQČ
Ŷ QHYêKRG\
± OHSãt MH SRXåtW SRPRFQRX SURPČQRX SUR Y\KRGQRFHQt YêUD]X
LQW SRP
LQW IQ
Ɣ SDUDPHWU MH YH IXQNFL MHQ YVWXSQt
Q 0$; QDFWL3ULUR]HQH&LVOR
7\SLFNi FK\ED ± SDUDPHWU\ MVRX SRYDåRYiQ\ ]D
GHNODUDFL
IDNWRULDOSRP
Ŷ REHFQČ SODWt åH VNXWHþQê SDUDPHWU PXVt EêW VWHMQpKR W\SX MDNR IRUPiOQt SDUDPHWU
Ɣ MLQDN MH QXWQp SRXåtW SĜHW\SRYiQt
LQW IQ
Ŷ ]DþiWHþQtN\ REþDV ]PDWH åH IRUPiOQt SDUDPHWU\ QHPDMt SĜL VYpP SUYQtP SRXåLWt KRGQRWX
IDNWRULDOLQW Ɣ WXWR KRGQRWX VH VQDåt QDþtVW QHER QDVWDYLW SĜLĜD]RYDFtP SĜtND]HP
=SĤVRE SĜHGiQt SDUDPHWUĤ ] YRODMtFt GR YRODQp
Ƈ WR QHQt V\QWDNWLFNi FK\ED ± IRUPiOQt SDUDPHWU O]H ]PČQLW DOH WpPČĜ QLNG\ VH WR QHGČOi
Ŷ SDUDPHWU\ SULPLWLYQtFK GDWRYêFK W\SĤ VH SĜHGiYDMt YåG\ KRGQRWRX
Ƈ MH WR ORJLFNi FK\ED SURWRåH VH ]QLþt KRGQRWD SĜHGiYDQi Y EXGRXFQX SĜL YROiQt SĜHV VNXWHþQê SDUD
PHWU
Ɣ ]SĤVRE SĜHGiQt QHO]H ]YROLW DQL RYOLYQLW
Ŷ SURWR E\OR Y SĜHGFKR]tFK ]SĤVREHFK OKRVWHMQp ]GD MH VNXWHþQêP SDUDPHWUHP SURPČQQi þL NRQVWDQWD
Ŷ SĜHGiQt SUREtKi WDNWR
Ɣ MHOL WR QXWQp Y\SRþWH VH KRGQRWD YêUD]X SĜHGVWDYXMtFtKR VNXWHþQê SDUDPHWU
Ɣ WDWR KRGQRWD VH DXWRPDWLFN\ XORåt GR GDWRYp VWUXNWXU\ QD]êYDQp ]iVREQtN
Ƈ MHOL VNXWHþQêP SDUDPHWUHP SURPČQQi MH GR ]iVREQtNX XORåHQD MHMt NRSLH
SXEOLF VWDWLF LQW IDNWRULDOLQW Q ^
Q
ORJLFND FK\ED
LQW I
IRU LQW L
L Q L ^
I L
`
UHWXUQ I
`
3DUDPHWU\ D QiYUDWRYi KRGQRWD
Ɣ SDN MH Y\YROiQD PHWRGD NWHUi YH VYpP WČOH XPt ]H ]iVREQtNX KRGQRWX þtVW
Ŷ PHWRG\ VH QHMþDVWČML UR]OLãXMt SRGOH
Ƈ SRNXG VH ML SRNXVt ]PČQLW MH WR PRåQp DOH ]PČQD VH QHSURMHYt YH YRODMtFt PHWRGČ
W\SLFNi FK\ED
Ɣ SRþWX IRUPiOQtFK SDUDPHWUĤ
SXEOLF FODVV =PHQD3DUDPHWUX ^
SXEOLF VWDWLF YRLG ]PHQ3DUDPHWULQW Q ^
Q
QHVP\VO
`
Ɣ QiYUDWRYp KRGQRW\
0HWRG\ EH] SDUDPHWUĤ
Ŷ QHPiOL PHWRGD IRUPiOQt SDUDPHWU\ RSDNXMH VYĤM DOJRULWPXV EH]H ]PČQ\
LQW L
6\VWHPRXWSULQWOQL
L
]PHQ3DUDPHWUL
6\VWHPRXWSULQWOQL
L
`
Ŷ YêKRGQp SUR MHGQRGXFKp DNWLYLW\ W\SX QDFWHQL&LVOD
Ŷ Y KODYLþFH PHWRG\ MHGQRGXãH SDUDPHWU\ QHXYHGHPH
Ɣ MH DOH QXWQp XYpVW SUi]GQp NXODWp ]iYRUN\
`
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ VP\VOXSOQp SĜtNODG\ MVRX þDVWR UĤ]Qp YVWXS\ QDSĜ YêãH
0HWRG\ V YtFH IRUPiOQtPL SDUDPHWU\
SXEOLF VWDWLF LQW QDFWL3ULUR]HQH&LVOR ^
Ŷ PHWRGD PĤåH PtW ÄQHRPH]HQp³ PQRåVWYt SDUDPHWUĤ
Ŷ YROiQt MH
LQW L
Ɣ SUDNWLFN\ PHWRGD QHVPt PtW YtFH QHå SČW SDUDPHWUĤ OpSH WĜL SDUDPHWU\
QDFWL3ULUR]HQH&LVOR
Ƈ PiOL MLFK YtFH MHGQi VH R ãSDWQRX GHNRPSR]LFL SUREOpPX ± PHWRGD VH VQDåt QDMHGQRX SURYpVW YtFH
þLQQRVWt QHå MHGQX
Ɣ SUi]GQp NXODWp ]iYRUN\ MH RSČW QXWQp XYpVW
Ŷ SDUDPHWU\ VH QDY]iMHP RGGČOXMt þiUNDPL
0HWRG\ EH] QiYUDWRYp KRGQRW\
Ŷ SRMPHQRYiQt SDUDPHWUĤ PXVt EêW Yê]QDPRYp QDSĜ
Ŷ QD]êYDMt VH Wpå SURFHGXU\
Ɣ VSUiYQČ
Ɣ W\SLFNRX SURFHGXURX MH PDLQ
SXEOLF VWDWLF LQW SRGLOLQW GHOHQHF LQW GHOLWHO ^
Ŷ SRXåtYDMt VH SUR DNWLYLW\ NWHUp MVRX SURYHGHQtP XNRQþHQp
Ɣ FK\EQČ ± PQRKHP KĤĜH SRXåLWHOQČMãt SUR EXGRXFtKR XåLYDWHOH PHWRG\
Ɣ GR YRODMtFt PHWRG\ VH QHYUDFt åiGQi KRGQRWD WM YêVOHGHN þLQQRVWL YRODQp PHWRG\
SXEOLF VWDWLF LQW SRGLOLQW D LQW E ^
Ɣ W\SLFN\ MVRX WR DOJRULWP\ SUR YêSLV NGH SURYHGHQi þLQQRVW MH YêVWXS LQIRUPDFH
Ŷ MVRXOL SDUDPHWU\ VWHMQpKR W\SX PXVt VH W\S\ RSDNRYDW QDSĜ FK\EQČ
Ɣ PtVWR QiYUDWRYpKR W\SX VH SRXåLMH NOtþRYp VORYR YRLG SUi]GQê QXOLWQt
SXEOLF VWDWLF LQW SRGLOLQW GHOHQHF GHOLWHO ^
SXEOLF VWDWLF YRLG Y\SLV1DVREHN3LLQW Q ^
6\VWHPRXWSULQWOQ Q 3L
Q 0DWK3,
`
Ŷ QD SRĜDGt SDUDPHWUĤ QH]iOHåt ± PČOR E\ DOH RGSRYtGDW ORJLFH YČFL
Ɣ FK\EQČ YRLG Y\SLV'DWXPLQW PHVLF LQW URN LQW GHQ
Ɣ VSUiYQČ YRLG Y\SLV'DWXPLQW GHQ LQW PHVLF LQW URN
Ŷ YROiQt MH
ILQDO LQW 0$;
IRU LQW L
L 0$; L ^
Y\SLV1DVREHN3LL
`
`
Ƈ SĜL YROiQt PĤåH EêW NDåGê VNXWHþQê SDUDPHWU MLQpKR FKDUDNWHUX QDSĜ
Y\SLV'DWXPGQHVQL'HQ 5,-(1 0HWRGD V YtFH IRUPiOQtPL SDUDPHWU\ UĤ]QpKR W\SX
Ŷ SDUDPHWU\ PRKRX EêW UĤ]QêFK GDWRYêFK W\SĤ
0HWRG\ EH] SDUDPHWUĤ D EH] QiYUDWRYp KRGQRW\
Ɣ QD SRĜDGt RSČW QH]iOHåt
Ŷ VSRMHQt SĜHGFKR]tFK GYRX PRåQRVWt
Ɣ W\S\ VH PRKRX RSDNRYDW
Ŷ VP\VOXSOQp SRXåLWt MHQ ]ĜtGND
Ɣ SODWt YãHFKQD MLå XYHGHQi SUDYLGOD
Ŷ QDSĜ
SXEOLF VWDWLF YRLG Y\SLV2EOLEHQ\3R]GUDY ^
6\VWHPRXWSULQWOQDKRM
`
YRLG Y\SLV=DRNURXKOHQHGRXEOH FLVOR LQW SRFHW0LVW ^
/RNiOQt SURPČQQp YHUVXV VWDWLFNp SURPČQQp
Ŷ YROiQt MH
Ŷ SURPČQQp VH GČOt SRGOH PtVWD GHNODUDFH
Y\SLV2EOLEHQ\3R]GUDY
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ GREĜH
/RNiOQt SURPČQQp
VWDWLF LQW FHONRY\3ODW
VWDWLF LQW VXPD3HQH]
Ŷ SURPČQQp GHNODURYDQp Y PHWRGČ
FHONRYi YêãH ~þWX
Ɣ MHMLFK YLGLWHOQRVW MH SRX]H Y PHWRGČ YH NWHUp MVRX GHNODURYiQ\ D WR RG PtVWD GHNODUDFH
Ɣ PXVt EêW QDLQLFLDOL]RYiQ\
Ɣ QDYtF SĜL GHNODUDFL YH VORåHQpP SĜtND]X MH SURPČQQi YLGLWHOQi MHQ GR `
LI [
LQW
[
\
`
LQW N
Ƈ W\SLFN\ Y PDLQ
\ ^
SRP
[
\
SRP
SRP
Ƈ SĜtSDGQČ YH VSHFLiOQt LQLFLDOL]DþQt PHWRGČ MHOL NyG LQLFLDOL]DFH GHOãt
Ƈ MHGQiOL VH R SULPLWLYQt GDWRYp W\S\ PĤåH EêW LQLFLDOLDFH Y PtVWČ GHNODUDFH YL] YêãH FHONRY\3ODW
NRQHF YLGLWHOQRVWL SRP
FK\ED
Ɣ RVWDWQt PHWRG\ MH SRNXG PRåQR MHQ þWRX
Ŷ FKFHPHOL SRXåtW KRGQRWX ORNiOQt SURPČQQp YH YRODQp PHWRGČ PXVtPH ML SĜHGDW MDNR VNXWHþQê SDUD
PHWU
Ƈ ]PČQLW MHMLFK KRGQRWX MHOL WR QXWQp Pi GRYROHQR MHQ MHGQD VSHFLiOQt PHWRGD
9êVWUDKD
6WDWLFNp SURPČQQp
-H WĜHED VL XYČGRPLW åH SĜL SRXåLWt VWDWLFNêFK SURPČQQêFK QiV FKUiQt SĜHNODGDþ PQRKHP PpQČ
QHå X ORNiOQtFK SURPČQQêFK
Ŷ SURPČQQp GHNODURYDQp PLPR MDNRXNROLY PHWRGX
Ɣ W\SLFN\ MH PtVWR GHNODUDFH LKQHG ]D KODYLþNRX WĜtG\
Ɣ SĜL GHNODUDFL VH PXVt SRXåtW NOtþRYp VORYR VWDWLF
Ŷ YêKRG\
Ɣ MVRX YLGLWHOQp YH YãHFK PHWRGiFK
Ƈ PHWRG\ MH PRKRX þtVW L QDVWDYRYDW
Ƈ WtP VH YODVWQČ GDMt Y\ORXþLW IRUPiOQt SDUDPHWU\
± QiKUDGD IRUPiOQtFK SDUDPHWUĤ EH] UR]P\VOX MH YHOPL ãSDWQi ]DþiWHþQLFNi WDNWLND
Ŷ QHYêKRG\
Ɣ MVRX YLGLWHOQp YH YãHFK PHWRGiFK
Ƈ PHWRG\ MH PRKRX OLERYROQČ QDVWDYRYDW ± ]YêãHQi PRåQRVW FK\E\ NWHUi VH ãSDWQČ KOHGi
Ŷ VWDWLFNp SURPČQQp VH SRXåtYDMt MHQ SUR PLQLPiOQt SRþHW SURPČQQêFK
Ɣ PXVt EêW Yê]QDPRYČ SRMPHQRYiQ\
Ƈ QHH[LVWXMH DE\ VH MPHQRYDO\ QDSĜ L N SRP QHFR
Ɣ MHOL MLFK YtFH VWHMQpKR W\SX NDåGi PXVt EêW GHNODURYiQD QD VDPRVWDWQp ĜiGFH SĜtSDGQČ GRSOQČQi
NRPHQWiĜHP
Ƈ ãSDWQČ
VWDWLF LQW FHONRY\3ODW VXPD3HQH]
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜtNODG 3ĜtNODG UR]XPQpKR SRXåLWt
3ĜtNODG 2GVWUDãXMtFt SĜtNODG FK\EQpKR SRXåLWt
Ŷ ĜHãtPH SUREOpP ]E\WHþQpKR IRUPiOQtKR SDUDPHWUX ] SUYQtKR SĜtNODGX
Ŷ VWDWLFNp SURPČQQp MVRX SRXåLWp EH] UR]P\VOX MHQ SUR ]GiQOLYp XOHKþHQt SUiFH
Ɣ SURPČQQi VFDQQHU MH LQLFLDOL]RYiQD Y VDPRVWDWQp PHWRGČ QDVWDY6FDQQHU
Ɣ SĜHV VWDWLFNp SURPČQQp O]H YUDFHW L QiYUDWRYRX KRGQRWX PHWRG\
Ɣ GR PHWRG\ QDFWL2GYHVQX VH MLå QHPXVt SĜHGiYDW MDNR IRUPiOQt SDUDPHWU
Ƈ ]GH SURPČQQi I
SXEOLF FODVV 3UDYRXKO\7URMXKHOQLN6WDWLFNH3URPHQQH ^
VWDWLF 6FDQQHU VFDQQHU
Ƈ MDNR ]DþiWHþQtFL QLNG\ QHGČODW
Ɣ MH ]GH VPtFKiQR YãH GRKURPDG\ QLNGR QHQt ]D QLF RGSRYČGQê
SXEOLF VWDWLF YRLG QDVWDY6FDQQHU ^
VFDQQHU
QHZ 6FDQQHU6\VWHPLQ
VFDQQHUXVH/RFDOH/RFDOH86
`
Ƈ SURþ VH WR Y\VN\WXMH"
± NyG Y\SDGi NUDWãt D HOHJDQWQČMãt
± KUXEi QH]QDORVW ]iNODGQtFK SULQFLSĤ
SXEOLF VWDWLF GRXEOH QDFWL2GYHVQX ^
GRXEOH G
GR ^
VFDQQHUQH[W'RXEOH
LI G ^
`
` ZKLOH G SXEOLF FODVV )DNWRULDO.DWDVWURID ^
VWDWLF LQW L I
Q
SXEOLF VWDWLF YRLG IDNWRULDO ^
IRU L
L Q L ^
I L
`
`
Q
IDNWRULDO
6\VWHPRXWSULQWOQ Q I
`
UHWXUQ G
`
QDVWDY6FDQQHU
GRXEOH G
QDFWL2GYHVQX
GRXEOH G
QDFWL2GYHVQX
`
=DVWtQČQt VWDWLFNêFK SURPČQQêFK ORNiOQtPL
GRXEOH SUHSRQD
0DWKVTUWG G G G
Ŷ SRNXG GRGUåXMHPH NRQYHQFH åH VWDWLFNêFK SURPČQQêFK MH PiOR D Yê]QDPRYČ SRMPHQRYDQp WHQWR
SUREOpP QHQDVWDQH
`
`
Ŷ SRUXãtPHOL NRQYHQFH SDPDWXMHPH VL SUDYLGOR ÄEOLåãt NRãLOH QHå NDEiW³
3R]QiPND
Ɣ ORNiOQt ]DVWLĖXMH KLGH VWDWLFNRX
9HGOHMãt YêKRGRX WRKRWR ĜHãHQt MH L IDNW åH REMHNW 6FDQQHUX H[LVWXMH SRX]H MHGQRX 7R EXGH GĤ
OHåLWp Y SĜtSDGČ GRPiFtFK ~ORK SĜL NRQWUROH SURJUDPX YDOLGiWRUHP
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 1,.'< WLPWR ]SXVREHP SXEOLF FODVV 0HWRG\ ^
VWDWLF LQW L
VWDWLF YRLG WLVNQL ^
GRXEOH L
6\VWHPRXWSULQWOQL
`
3ĜHGQiãN\ .,933$ 3DYHO +HURXW WLVNQH 7URFKD WHRULH ± SĜLGČORYiQt SDPČWL SURPČQQêP
3ĜHWČåRYiQt PHWRG
Ŷ SĜLGČOHQt SDPČWL ]QDPHQi XUþHQt DGUHV\ XPtVWČQt SURPČQQp Y SDPČWL SRþtWDþH
Ŷ RYHUORDGLQJ RI QDPHV
Ɣ SURYiGt DXWRPDWLFN\ NRPSLOiWRU D -90
Ŷ MDNR ]DþiWHþQtFL QHEXGHPH SRWĜHERYDW
Ŷ VWDWLFNp SURPČQQp
Ɣ PXVtPH DOH ]QiW SULQFLS SURWRåH VH MHGQi R EČåQê MHY ] -DYD &RUH $3, QDSĜ SULQW MH Y -DYD
&RUH $3, SĜHWtåHQi FHONHP GHYČWNUiW ± SUR YãHFKQ\ ]iNODGQt GDWRYp W\S\ D QDYtF SUR W\S 2EMHFW
Ɣ SDPČĢ MH SĜLGČOHQD QD ]DþiWNX SURJUDPX
Ŷ PHWRG\ VH PRKRX MPHQRYDW VWHMQČ SĜHVQČML PDMt VWHMQi MPpQD DOH UĤ]Qp KODYLþN\
Ɣ MH N GLVSR]LFL Då GR NRQFH SURJUDPX
Ɣ MHMLFK IRUPiOQt SDUDPHWU\ VH PXVt OLãLW MHGQtP ] WČFKWR ]SĤVREĤ
Ŷ ORNiOQt SURPČQQp D IRUPiOQt SDUDPHWU\ PHWRG
Ɣ SDPČĢ MH SĜLGČOHQD Y RNDPåLNX YVWXSX GR PHWRG\
Ƈ SRþWHP ± QHMOHSãt
Ɣ MH N GLVSR]LFL MHQ GR NRQFH PHWRG\
Ƈ W\SHP QLNROLY SRMPHQRYiQtP ± GREUp D þDVWp
Ƈ SR RSXãWČQt PHWRG\ MH SURPČQQi QHGRVWXSQi D MHMt REVDK VH QHQiYUDWQČ ]WUiFt
Ƈ SRĜDGtP ± QHYKRGQp
Ƈ SDPČĢ MH XYROQČQD SUR MLQp SRXåLWt
Ƈ NRPELQDFHPL WČFKWR ]SĤVREĤ
Ɣ PHWRGX QHO]H SĜHWtåLW SRXKRX ]PČQRX W\SX QiYUDWRYp KRGQRW\
Ɣ SDPČĢ VH SĜLGČOXMH ]H ]iVREQtNX VWDFN
VWDWLF LQW FWYHUHFLQW L ^ UHWXUQ L L `
Ƈ SĜL RSDNRYDQpP YROiQt PHWRG\ VH SDPČĢ PĤåH SĜLGČOLW QD MLQpP PtVWČ
VWDWLF ORQJ FWYHUHFLQW L ^ UHWXUQ L L `
Ŷ ]iVREQtN VH Wpå QD]êYi IURQWD /,)2 ODVW LQ ILUVW RXW ± ÄSRVOHGQt GRYQLWĜ SUYQt YHQ³
Ɣ ]iVREQtN MH þDVWR NRQVWUXRYiQ MDNR YUDWQê ± URVWH N QLåãtP DGUHViP
Ŷ YČWãLQRX VH MHGQi R QČNROLN IXQNþQČ SĜtEX]QêFK PHWRG
3ĜtNODG 3ĜtNODG SĜLGČORYiQt SDPČWL
Ɣ SURYiGČMt VWHMQRX ]iNODGQt RSHUDFL DOH V UĤ]QêPL GDWRYêPL W\S\
LQW D
I
`
VWDWLF LQW FWYHUHFLQW L ^ UHWXUQ L L `
VWDWLF GRXEOH FWYHUHFGRXEOH L ^ UHWXUQ L L `
VWDWLF ORQJ FWYHUHFORQJ L ^ UHWXUQ L L `
VWDWLF YRLG I ^
LQW E
JE
`
LQW M
FWYHUHF
GRXEOH G
FWYHUHF
ORQJ O
FWYHUHF/
VWDWLF YRLG JLQW [ ^
LQW F
[
F
QHVP\VO
`
D DUJV
E D DUJV
FK\ED
F [ E D DUJV
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ SURYiGt VWHMQRX ]iNODGQt RSHUDFL DOH XSĜHVQČQČ
F [ E D DUJV
VWDWLF YRLG WLVN3HQH]LQW NRUXQ\ ^
6\VWHPRXWSULQWOQ&HQD NRUXQ\ .F
`
E D DUJV
VWDWLF YRLG WLVN3HQH]LQW NRUXQ\ LQW KDOHUH ^
6\VWHPRXWSULQWOQ&HQD NRUXQ\ KDOHUH .F
`
D DUJV
3ĜHGQiãN\ .,933$ 3DYHO +HURXW SXEOLF VWDWLF YRLG PDLQ6WULQJ>@ DUJV ^
WLVN3HQH]
WLVN3HQH] `
Ŷ X NDåGp PHWRG\ XYiGtPH
Ɣ VWUXþQê ~þHO SUR NWHUê E\OD Y\WYRĜHQD
Ɣ #SDUDP GĤVOHGQê SRSLV IRUPiOQtFK SDUDPHWUĤ ± NDåGpKR SDUDPHWUX ]YOiãĢ
Ŷ SĜL YROiQt NRPSLOiWRU Y\EHUH WX ] PHWRG NWHUi SĜHVQČ Y\KRYXMH SRþWX W\SĤP D SRĜDGt VNXWHþQêFK SDUD
PHWUĤ
.RPHQWRYiQt WĜtG D PHWRG ± SRNUDþRYiQt
Ɣ #UHWXUQ ± SRSLV QiYUDWRYp KRGQRW\
Ɣ NRPHQWiĜ PXVt EêW RSČW XYHGHQ EH]SURVWĜHGQČ SĜHG KODYLþNRX PHWRG\
LPSRUW MDYDXWLO
Ŷ MDNPLOH ]DþtQiPH SRXåtYDW PHWRG\ SURJUDP MH UR]ViKOê MH QH]E\WQp GRNXPHQWRYDW ]GURMRYê NyG SR
PRFt GRNXPHQWDþQtFK NRPHQWiĜĤ Ɣ Y QLFK MH PRåQp SRXåtYDW SUR ]YêãHQt SĜHKOHGQRVWL ]iNODGQt ]QDþN\ +70/ QDSĜ S! EU! RO!
XO! OL! FRGH! DSRG
Ɣ X NUiWNêFK ãNROQtFK SURJUDPĤ PĤåH GpOND GRNXPHQWDþQtFK NRPHQWiĜĤ SĜHViKQRXW GpONX ]GURMRYpKR
NyGX
Ŷ X WĜtG\ PXVt EêW NRPHQWiĜ XYHGHQ EH]SURVWĜHGQČ SĜHG ĜiGNRX V NOtþRYêP VORYHP FODVV
Ɣ FK\EQČ
7ULGD SUR XND]NX ]DNODGQLFK PR]QRVWL GRNXPHQWDFQLFK NRPHQWDUX
#DXWKRU 3+HURXW
LPSRUW MDYDXWLO
#DXWKRU 3+HURXW
SXEOLF FODVV 'RNXPHQWDFQL.RPHQWDUH ^
1DFLWD SULUR]HQH FLVOR
#SDUDP VF REMHNW WW!6FDQQHUWW! NWHU\ FWH ] NODYHVQLFH
#UHWXUQ QDFWHQH FLVOR
SXEOLF VWDWLF LQW QDFWL3ULUR]HQH&LVOR6FDQQHU VF ^
6\VWHPRXWSULQW=DGHM SULUR]HQH FLVOR LQW Q
VFQH[W,QW
UHWXUQ Q
`
1DFLWD UHDOQH FLVOR YHWVL QHER URYQR ]DGDQH GROQL PH]L
EU!
GHVHWLQQ\ RGGHORYDF MH Y]G\ WHFND #SDUDP VF REMHNW WW!6FDQQHUWW! NWHU\ FWH ] NODYHVQLFH
#SDUDP GROQL0H] QHMPHQVL FLVOR NWHUH MH PR]QH QDFLVW
#UHWXUQ QDFWHQH FLVOR
SXEOLF VWDWLF GRXEOH QDFWL5HDOQH&LVOR6FDQQHU VF GRXEOH GROQL0H] ^
GRXEOH G
GR ^
6\VWHPRXWSULQW=DGHM UHDOQH FLVOR ! GROQL0H] G
VFQH[W'RXEOH
LI G GROQL0H] ^
6\VWHPRXWSULQWOQ&K\EQH ]DGDQL G MH PHQVL QH] GROQL0H]
`
` ZKLOH G GROQL0H]
Ɣ VSUiYQČ
LPSRUW MDYDXWLO
#DXWKRU 3+HURXW
Ɣ XYiGtPH YåG\ VWUXþQê ~þHO SUR NWHUê E\OD WĜtGD Y\WYRĜHQD
Ƈ GiOH VH þDVWR XYiGt L DXWRU ]GURMRYpKR NyGX
Ƈ GDOãt PRåQRVWL QDSĜ #YHUVLRQ #VLQFH YL] Y GRNXPHQWDFL N MDYDGRF
UHWXUQ G
3R]QiPND
`
=SĤVRE MDN NRPHQWRYDW WĜtGX MH RSDNRYiQt ] GUXKp SĜHGQiãN\ =GH MH XYHGHQ SRX]H SURWR DE\
VH QD MHGQRP PtVWČ Y\VN\WRYDOD XFHOHQi LQIRUPDFH R GRNXPHQWDþQtP NRPHQWRYiQt
3RFLWD PRFQLQX
#SDUDP ]DNODG ]DNODG PRFQLQ\
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW #SDUDP H[SRQHQW H[SRQHQW PRFQLQ\
#UHWXUQ KRGQRWD PRFQLQ\
SXEOLF VWDWLF GRXEOH Y\SRFWL0RFQLQXGRXEOH ]DNODG LQW H[SRQHQW ^
GRXEOH P
0DWKSRZ]DNODG H[SRQHQW
UHWXUQ P
`
.DSLWROD 3ROH
0RWLYDFH
Ŷ Y SURJUDPRYiQt VH þDVWR Y\VN\WXMt ~ORK\ NG\ VH SURYiGt YêSRþHW RSDNRYDQČ QDG SURPČQQêPL VWHMQpKR
GDWRYpKR W\SX
+ODYQL PHWRGD NWHUD
XO!
OL! SULSUDYL WW!6FDQQHUWW!OL!
OL! QDFWH ]DNODGOL!
OL! QDFWH H[SRQHQWOL!
OL! Y\SRFWH PRFQLQX D Y\SLVH Y\VOHGHNOL!
XO!
#SDUDP DUJV SDUDPHWU\ SULND]RYH UDGN\
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
VFXVH/RFDOH/RFDOH86
GRXEOH G
QDFWL5HDOQH&LVORVF LQW Q
QDFWL3ULUR]HQH&LVORVF
GRXEOH PRFQLQD
Y\SRFWL0RFQLQXG Q
6\VWHPRXWSULQWOQ G A Q Ɣ SRXåtYiPHOL SUR W\WR ~ORK\ VDPRVWDWQp SURPČQQp MDNR GRVXG MH ĜHãHQt WČåNRSiGQp D ]PČQ\ UR]
ãtĜHQt NUDMQČ REWtåQp
PRFQLQD
`
`
*HQHURYiQt GRNXPHQWDFH
Ŷ SUR JHQHURYiQt GRNXPHQWDFH VH SRXåtYi SURJUDP MDYDGRF NWHUê MH VRXþiVWt -'.
Ŷ ]iNODGQt SRXåLWt MH
MDYDGRF G DGUHVDUJHQHURYDQ\FKVRXERUX MDYD
Ɣ NGH DGUHVDUJHQHURYDQ\FKVRXERUX MH ~SOQi QHER UHODWLYQt FHVWD QHMþDVWČML
Ƈ MDYDGRF G GRF MDYD
NWHUê ]DORåt Y DNWXiOQtP DGUHViĜL SRGDGUHViĜ GRF D GR QČM ]NRStUXMH Y\JHQHURYDQp VRXERU\
Ŷ MDYDGRF JHQHUXMH L ] MHGQRKR MHGLQpKR MDYD VRXERUX PQRåVWYt +70/ VRXERUĤ
Ɣ GĤOHåLWê MH VRXERU LQGH[KWPO
3R]QiPND
7RWR MH RSČW RSDNRYiQt ] GUXKp SĜHGQiãN\
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW W
QDFWL7HSORWX
W
QDFWL7HSORWX
W
QDFWL7HSORWX
SUXPHU
W W W W W W W Y\SLV2GFK\ONX W
Y\SLV2GFK\ONX W
Y\SLV2GFK\ONX W
Y\SLV2GFK\ONX W
Y\SLV2GFK\ONX W
Y\SLV2GFK\ONX W
Y\SLV2GFK\ONX W
3ĜtNODG 3ĜHþtVW WHSORW\ QDPČĜHQp Y MHGQRWOLYêFK GQHFK WêGQH D SUR NDåGRX ]
QLFK Y\SVDW RGFK\ONX RG SUĤPČUQp WHSORW\
SXEOLF FODVV 7HSORW\-HGQRWOLYH ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
LQW W W W W W W W
LQW SUXPHU
W
VFQH[W,QW
W
VFQH[W,QW
W
VFQH[W,QW
W
VFQH[W,QW
W
VFQH[W,QW
W
VFQH[W,QW
W
VFQH[W,QW
SUXPHU
W W W W W W W
6\VWHPRXWSULQWOQ W W 6\VWHPRXWSULQWOQ W W 6\VWHPRXWSULQWOQ W W 6\VWHPRXWSULQWOQ W W 6\VWHPRXWSULQWOQ W W 6\VWHPRXWSULQWOQ W W 6\VWHPRXWSULQWOQ W W `
`
`
`
Ƈ SRNXG E\ VH PČOR SUDFRYDW V WHSORWDPL ]D FHOê PČVtF QHER URN SURJUDP E\ E\O YHOPL QHSĜHKOHGQê
SUXPHU
SUXPHU
SUXPHU
SUXPHU
SUXPHU
SUXPHU
SUXPHU
3R]QiPND
7RWR MH MLQê W\S SĜtNODGX QHå GĜtYČMãt ]SUDFRYiQt SRVORXSQRVWt ± W\ MVPH MHQ QDþHWOL D URYQRX SUĤEČåQČ
VXPRYDOL 6 MHGQRWOLYêPL ~GDML VH SR SĜHþWHQt MLå QLNG\ QHPXVHOR SUDFRYDW
3ROH
=iNODGQt LQIRUPDFH
Ŷ ] SĜtNODGX MH ]ĜHMPp
Ŷ MH WR VWUXNWXURYDQê GDWRYê W\S
Ɣ NyG VH RSDNXMH V PLQLPiOQtPL ]PČQDPL
Ɣ VNOiGi VH ] SHYQČ GDQpKR SRþWX SUYNĤ SROH VORåHN SRORåHN
Ƈ MH DOH QDWROLN MHGQRGXFKê åH ĜHãHQt SRPRFt GDOãtFK PHWRG YL] GĜtYH E\ NH ]MHGQRGXãHQt QHSRPRKOR
3ĜtNODG 1HYKRGQp ĜHãHQt SRPRFt PHWRG
Ƈ SRþHW SUYNĤ VH VWDQRYt SĜL Y]QLNX SROH D RG WpWR FKYtOH VH SRþHW QHVPt PČQLW
Ɣ SUYN\ MVRX ]iVDGQČ VWHMQpKR W\SX ± SROH MH KRPRJHQQt GDWRYi VWUXNWXUD
SXEOLF FODVV 7HSORW\-HGQRWOLYH0HWRG\ ^
VWDWLF 6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
VWDWLF LQW SUXPHU
Ɣ SUYN\ VH QDY]iMHP RGOLãXMt SRPRFt LQGH[X
Ƈ FHOp þtVOR Y\MDGĜXMtFt SRĜDGt SUYNX Y SROL
SXEOLF VWDWLF LQW QDFWL7HSORWX ^
UHWXUQ VFQH[W,QW
`
Ƈ Y -DYČ Pi LQGH[ YåG\ KRGQRW\ Då SRþHW SUYNĤ ± Ɣ KRGQRW\ SUYNĤ QDUR]GtO RG MHMLFK SRþWX VH VPČMt PČQLW OLERYROQČ
SXEOLF VWDWLF YRLG Y\SLV2GFK\ONXLQW SRUDGL LQW W ^
6\VWHPRXWSULQWOQ SRUDGL W W SUXPHU
`
Ŷ Y\WYRĜHQt SROH V Qi]YHP WHSORW\ R 1 SUYFtFK W\SX LQW
LQW W W W W W W W
W
QDFWL7HSORWX
W
QDFWL7HSORWX
W
QDFWL7HSORWX
W
QDFWL7HSORWX
Ŷ SROH PĤåH EêW OLERYROQpKR GDWRYpKR W\SX
3ĜHGQiãN\ .,933$ 3DYHO +HURXW VWDWLF ILQDO LQW 1
LQW>@ WHSORW\
QHZ LQW>1@
GRXEOH>@ SUHVQH7HSORW\
QHZ GRXEOH>1@
Ŷ SĜtVWXS N SUYNĤP SROH SRPRFt LQGH[X NWHUêP MH W\SLFN\ SURPČQQi L W\SX LQW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW SXEOLF FODVV 7HSORW\3ROH ^
VWDWLF ILQDO LQW 1
WHSORW\>L@
Ɣ WHQWR ]iSLV SĜHGVWDYXMH MHGQX SURPČQQRX W\SX LQW
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
LQW>@ WHSORW\
QHZ LQW>1@
Ƈ Pi VWHMQp YODVWQRVWL MDNR QDSĜ SURPČQQi GHNODURYDQi MDNR LQW W
Ɣ PtVWR SURPČQQp L PĤåH EêW OLERYROQê FHORþtVHOQê YêUD] QDSĜ
QDFLWDQL KRGQRW
IRU LQW L
L WHSORW\OHQJWK
WHSORW\>L@
VFQH[W,QW
`
WHSORW\>@ QHER WHSORW\>L @ DWS
Ɣ SRYROHQê UR]VDK LQGH[Ĥ MH WHSORW\>@ Då WHSORW\>1 @
Ɣ SĜHNURþHQt PH]t SROH SĜHWHþHQt QHER SRGWHþHQt LQGH[Ĥ KOtGi DXWRPDWLFN\ -90
Ƈ SĜL LQGH[ QHER LQGH[ !
Y\SRFHW SUXPHUX
LQW VXPD
IRU LQW L
L WHSORW\OHQJWK
VXPD WHSORW\>L@
`
1 YêSRþHW NRQþt YêSLVHP FK\ERYpKR KOiãHQt YêMLPNRX
Ŷ NDåGp SROH VL Y VREČ QHVH LQIRUPDFL R VYp FHONRYp GpOFH
Ɣ MH XORåHQD Y NRQVWDQWČ MPpQR3ROHOHQJWK QDSĜ
LQW SUXPHU
WHSORW\OHQJWK
Ŷ W\SLFNê ]DþiWHN SUiFH V SROHP MH
L WHSORW\OHQJWK L ^
Ɣ þDVWRX FK\ERX MH L L ^
VXPD WHSORW\OHQJWK
Y\SLV KRGQRW
IRU LQW L
L WHSORW\OHQJWK L ^
6\VWHPRXWSULQWOQ L WHSORW\>L@ WHSORW\>L@ SUXPHU
`
Ɣ SĜHGVWDYXMH FHONRYê SRþHW SUYNĤ SROH QLNROLY QHMY\ããt LQGH[
IRU LQW L
L ^
`
WHSORW\OHQJWK
`
3R]QiPND
Ŷ SRXåLWt SROH QH]QDPHQi åH QHVPtPH SRXåtW PHWRG\ ± QDRSDN SRXåtYiPH MH VWHMQČ þDVWR
1DSURVWR VWHMQRX IXQNþQRVW E\ Y WRPWR SĜtSDGČ PČO L SĜtND]
IRU LQW L
Ɣ PHWRG\ GĤVOHGQČ RGGČOXMt MHGQRWOLYp þiVWL DOJRULWPX
L 1 L ^
Ƈ SROH O]H GHNODURYDW MDNR VWDWLFNRX SURPČQQRX
NWHUê MH QDYtF NUDWãt
± RGSDGQH WDN QXWQRVW MHKR SĜHGiYiQt SĜHV IRUPiOQt SDUDPHWU\
'RSRUXþXML SĜHVWR SRXåtYDW SUYQt ]SĤVRE SURWRåH
MLQp ĜHãHQt ± SĜHQRV SĜHV SDUDPHWU\ ± YL] GiOH
Xå ] SUYQtKR SRKOHGX QD KODYLþNX F\NOX MH ]ĜHMPp åH EXGH ]SUDFRYiYDW NRQNUpWQt SROH
SXEOLF FODVV 7HSORW\3ROH0HWRG\ ^
VWDWLF ILQDO LQW 1
VWDWLF LQW>@ WHSORW\
KRUQt PH] SROH PĤåH EêW ÄWURFKX³ MLQi QHå RþHNiYDQi QDSĜ
LQW>@ WHSORW\
QHZ LQW>1 @
SXEOLF VWDWLF YRLG QDFWHQL+RGQRW ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
IRU LQW L
L WHSORW\OHQJWK
WHSORW\>L@
VFQH[W,QW
`
`
6WDQGDUGQt ]iSLV WHSORW\OHQJWK IXQJXMH EH] SUREOpPĤ YåG\
ěHãHQt RGFK\OHN WHSORW SRPRFt SROH
Ŷ ~ORKX YêSLVX RGFK\OHN MHGQRWOLYêFK WHSORW Y\ĜHãtPH SRPRFt SROH QDSĜ WDNWR
Ɣ SRNXG E\FKRP SR]GČML FKWČOL SRþtWDW SUĤPČU PČVtþQtFK WHSORW ]QDPHQDOR E\ WR MHQ ~SUDYX MHGQp
ĜiGN\ SURJUDPX
VWDWLF ILQDO LQW 1
3ĜHGQiãN\ .,933$ 3DYHO +HURXW SXEOLF VWDWLF LQW Y\SRFHW3UXPHUX ^
LQW VXPD
IRU LQW L
L WHSORW\OHQJWK
3ĜHGQiãN\ .,933$ 3DYHO +HURXW L ^
L ^
VXPD WHSORW\>L@
± -DYD QHSRVN\WXMH åiGQp SURVWĜHGN\ SUR ]MLãWČQt DNWXiOQt GpON\
`
± MH WR ]iOHåLWRVW MHQ D MHQ SURJUDPiWRUD
UHWXUQ VXPD WHSORW\OHQJWK
± GREUi UDGD ± Y\WYiĜHW SROH SĜHVQČ QD SRWĜHEQRX YHOLNRVW EH] UH]HUY D SRXåtYDW MHM FHOp
`
EXGHPHOL PtW DOJRULWPXV NWHUê Y\åDGXMH SROH V SURPČQQRX GpONRX ĜHãt VH WR MLQêP ]SĤVREHP
QDSĜ SRPRFt WĜtG\ $UUD\/LVW
SXEOLF VWDWLF YRLG Y\SLV+RGQRWLQW SUXPHU ^
IRU LQW L
L WHSORW\OHQJWK L ^
6\VWHPRXWSULQWOQ L WHSORW\>L@ WHSORW\>L@ SUXPHU
`
`
,QLFLDOL]RYDQp SROH
Ŷ SROH O]H Y\WYRĜLW WDNp YêþWHP LQLFLDOL]DþQtFK KRGQRW
Ɣ QHMþDVWČMãt SRXåLWt MH MDNR Y]RURYi GDWD SUR XVQDGQČQt ODGČQt
WHSORW\
QHZ LQW>1@
QDFWHQL+RGQRW
LQW SUXPHU
Y\SRFHW3UXPHUX
Y\SLV+RGQRWSUXPHU
`
LQW>@ SROH)LERQ
^ `
Ɣ YHOLNRVW SROH VL SĜHNODGDþ Y\SRþWH ViP ] SRþWX XYHGHQêFK NRQVWDQW
Ŷ þDVWê RP\O MH åH WRWR SROH MH NRQVWDQWQt WM KRGQRW\ QHO]H PČQLW
`
Ɣ QHQt WR SUDYGD O]H QHVP\VOQČ QDVWDYLW QDSĜ SROH)LERQ>@
Ɣ QHSRPĤåH DQL
3UDNWLFNp SR]QiPN\
ILQDO LQW>@ SROH)LERQ
3RþiWHþQt KRGQRW\ SROH
^ `
Ƈ WR MHQ ]DEUiQt ]PČQČ UHIHUHQþQt SURPČQQp QLNROL KRGQRWiP SROH
Ŷ SR Y]QLNX SROH MH ]DMLãWČQR åH YãHFKQ\ SUYN\ QRYpKR SROH EXGRX PtW LPSOLFLWQt SĜHGHP ]QiPRX GHIDXOWQt
± GHIDXOW KRGQRWX D WR KRGQRWX QXORYRX SUR W\S GRXEOH SDN SUR ERROHDQ SDN IDOVH
Ɣ QHY\KRYXMHOL QiP QXORYi KRGQRWD QHER SRNXG EH]SURVWĜHGQČ SR Y]QLNX SROH QHQiVOHGXMH MHKR QDSO
QČQt KRGQRWDPL MH YKRGQp SROH LQLFLDOL]RYDW QDSĜ
SXEOLF VWDWLF YRLG Y\WYRUHQL$1DVWDYHQLLQW SRFDWHFQL+RGQRWD ^
WHSORW\
QHZ LQW>1@
IRU LQW L
L WHSORW\OHQJWK L ^
WHSORW\>L@
SRFDWHFQL+RGQRWD
`
`
9êSLV YãHFK SUYNĤ SROH QDMHGQRX
Ŷ WDWR PRåQRVW SĜLFKi]t RG -'. Ŷ Y\XåtYi PRåQRVWt WĜtG\ MDYDXWLO$UUD\V
Ɣ MDNR SUYQt SĜtND] SURJUDPX PXVt EêW
LPSRUW MDYDXWLO
Ŷ SRXåtYi VH QHMþDVWČML MDNR NRQWUROQt YêSLV SUR ODGtFt ~þHO\
Ŷ SĜtND] MH
5R]GtO PH]L GpONRX SROH D DNWXiOQt GpONRX
6\VWHPRXWSULQWOQ$UUD\VWR6WULQJWHSORW\
Ŷ PiPHOL QDSĜ SROH R GpOFH WĜt SUYNĤ QDSĜ
LQW>@ SROH
Ŷ SROH Y\StãH YþHWQČ SRþiWHþQtFK D NRQFRYêFK > @ QDSĜ MDNR
QHZ LQW>@
> @
Ɣ MH MHKR GpOND MHGQRX SURYåG\ 3RXåLWt NRQVWUXNFH IRUHDFK SUR SROH
Ƈ PĤåHPH YãDN ] WRKRWR SROH Y\XåtYDW MHQ QČNWHUp SUYN\
Ŷ SĜtVWXS SRVWXSQČ NH YãHP SUYNĤP SROH O]H ]UHDOL]RYDW L EH] LQGH[Ĥ
Ƈ EXGHPHOL QDSĜ SR XUþLWRX GREX SUiFH V SROHP Y\XåtYDW MHQ SUYQt GYD SUYN\ MH DNWXiOQt GpOND SROH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ WHQWR ]SĤVRE VH SRXåtYi þDVWR SUR SROH þL NRQWHMQHU\ REMHNWĤ SRGUREQČ YL] SR]GČML
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ SUR SROH SULPLWLYQtFK GDWRYêFK SUYNĤ MH VStãH NXULR]LWRX NWHURX QHEXGHPH SRXåtYDW DOH QHVPt QiV
SĜHNYDSLW
Ŷ SĜtNODG VHþWH SUYN\ FHOpKR SROH
SR VSXãWČQt
SXEOLF FODVV )RU(DFK ^
LQW>@ SROH
^ `
LQW VXPD
MDYD 1DFWHQL3ROH
Y\StãH QDSĜ
SROH>@ SROH>@ SROH>@ SROH>@ SROH>@ > @
D GDOVL ]SUDFRYDQL QDFWHQHKR SROH
IRU LQW KRGQRWD SROH ^
VXPD KRGQRWD
`
`
`
VXPD
`
`
Ŷ EH] WRKR åH E\FKRP ]GURMRYê NyG SURJUDP MDNNROLY XSUDYRYDOL O]H ]DGiYDQp KRGQRW\ QDþtVW ]H VRXERUX
9VWXS KRGQRW ]H VRXERUX
Ɣ SĜLSUDYtPH VL MHGQRUi]RYČ HGLWRUHP WH[WRYê VRXERU KRGQRW\W[W V REVDKHP
3R]QiPND
3RGUREQČ EXGH WHQWR SULQFLS Y\ORåHQ SR]GČML Y þiVWL R VRXERUHFK
]D SRVOHGQtP þtVOHP PĤåH QHER QHPXVt EêW RGĜiGNRYiQR
Ɣ VSXVWtPH SURJUDP SĜtND]HP
Ŷ SĜL ODGČQt SURJUDPĤ MH ~QDYQp RSDNRYDQČ ]DGiYDW VWiOH VWHMQp KRGQRW\ SUYNĤ SROt
MDYD 1DFWHQL3ROH KRGQRW\W[W
Ɣ WR O]H REHMtW
Ƈ GRþDVQêP LQLFLDOL]RYDQêP SROHP ± YL] YêãH
Ɣ SURJUDP QHþHNi QD YVWXS ] NOiYHVQLFH D URYQRX Y\StãH
SROH>@ SROH>@ SROH>@ SROH>@ SROH>@ > @
D GDOVL ]SUDFRYDQL QDFWHQHKR SROH
Ƈ SĜHVPČURYiQtP YVWXSX ]H VRXERUX
Ŷ XNi]ND þiVWL NyGX SUR QDþWHQt SUYNĤ SROH
LPSRUW MDYDXWLO
7URFKD WHRULH
SXEOLF FODVV 1DFWHQL3ROH ^
ILQDO VWDWLF LQW 1
3ULQFLS Y\WYRĜHQt SROH
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
LQW>@ SROH
Ŷ GHNODUDFH LQW>@ DEF
Ɣ QHY\WYiĜt SROH QČNROLN VWHMQêFK SUYNĤ YH VNXSLQČ
QHZ LQW>1@
Ɣ Y\WYiĜt UHIHUHQþQt SURPČQQRX SROH NWHUi XPt XND]RYDW QD OLERYROQČ YHONp SROH W\SX LQW
IRU LQW L
L SROHOHQJWK L ^
6\VWHPRXWSULQWSROH> L @ SROH>L@
VFQH[W,QW
`
Ƈ SRXåLWt WpWR SURPČQQp MDNR SROH SRYHGH Y WRPWR RNDPåLNX N FK\EČ SURJUDPX
DEF>@
Ŷ SĜtND] DEF
ODGLFL NRQWUROQL Y\SLV QDFWHQHKR SROH
6\VWHPRXWSULQWOQ$UUD\VWR6WULQJSROH
6\VWHPRXWSULQWOQ D GDOVL ]SUDFRYDQL QDFWHQHKR SROH
FK\ED MDYDODQJ1XOO3RLQWHU([FHSWLRQ
QHZ LQW>@
Ɣ Y\WYRĜt DORNXMH Y SDPČWL SROH R WĜHFK SUYFtFK W\SX LQW
Ƈ SUYN\ PDMt LPSOLFLWQt QXORYp KRGQRW\
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ RGND] DGUHVD WRKRWR EORNX SDPČWL SROH VH SĜLĜDGt GR UHIHUHQþQt SURPČQQp DEF
3ROH MDNR SDUDPHWU DQHER QiYUDWRYi KRGQR
WD PHWRG\
Ɣ RG WpWR FKYtOH XND]XMH UHIHUHQþQt SURPČQQi QD SROH R NRQVWDQWQtP SRþWX WĜt SUYNĤ
0RWLYDFH
Ŷ SURþ VH R WR VQDåtPH NG\å VWDþLOR GHNODURYDW UHIHUHQþQt SURPČQQRX SROH MDNR VWDWLFNRX SURPČQQRX D
SROH WDN E\OR YLGLWHOQp D PČQLWHOQp YH YãHFK PHWRGiFK"
Ɣ RG WpWR FKYtOH PĤåHPH SROH DEF SRXåtYDW MLå ]QiPêPL ]SĤVRE\ QDSĜ
DEF>@
Ɣ PĤåHPH VQDGQR Y\WYRĜLW XQLYHU]iOQt PHWRG\ NWHUp SUDFXMt V SROL UĤ]Qp YHOLNRVWL
Ɣ Y NQLKRYQiFK -DYD &RUH $3, MH PQRKR XåLWHþQêFK PHWRG NWHUp WDNWR IXQJXMt D P\ MH PXVtPH XPČW
SRXåtYDW
Ŷ SROH VH WHG\ Y\WYiĜt Y -DYČ SRX]H G\QDPLFN\ SRPRFt RSHUiWRUX QHZ
3ĜtNODG
3UiFH V UHIHUHQþQtPL SURPČQQêPL SROt
Ŷ EXGHPH PRGLILNRYDW SURJUDP SUR ]MLãĢRYiQt RGFK\OHN WHSORW
Ŷ SURWRåH UHIHUHQþQt SURPČQQi SROH MH SURPČQQi O]H Mt EČKHP YêSRþWX PČQLW KRGQRWX
Ɣ RGFK\ON\ VH EXGRX XNOiGDW GR VDPRVWDWQpKR SROH
Ɣ WR YČWãLQRX QHQt UR]XPQp SURWRåH WtP QHQiYUDWQČ ]WUiFtPH SROH QD NWHUp SĤYRGQČ XND]RYDOD
LQW>@ DEF
DEF
QHZ LQW>@
DEF>@
DEF
QHZ LQW>@
6\VWHPRXWSULQWOQDEF>@
Ƈ WR VH Y\WYRĜt DXWRPDWLFN\ GOH YHOLNRVWL SROH WHSORW
Ƈ KRGQRW\ Y VDPRVWDWQpP SROL E\ Y EXGRXFQX XPRåĖRYDO\ VQDGQp YêSRþW\ W\SX
]FHOD QRYH SROH
Y\SLVH ± KOHGiQt PD[LPD D PLQLPD
± SUĤPČUQi RGFK\OND DSRG
Ɣ WDWR ]GiQOLYČ QHVP\VOQi PRåQRVW Pi VYp RSRGVWDWQČQt
Ɣ PHWRGD LQW>@ Y\WYRUHQL3ROH$1DFWHQL+RGQRWLQW YHOLNRVW3ROH
Ƈ QD MHGQR D WpåH SROH EORN SDPČWL PĤåH XND]RYDW YtFH UHIHUHQþQtFK SURPČQQêFK SROH
Ƈ GRVWiYi MDNR VYĤM SDUDPHWU YHOLNRVW EXGRXFtKR SROH WHSORW
± VWiYDMt VH WDN V\QRQ\P\ SUR SĜtVWXS N SUYNĤP SROH
Ƈ WRWR SROH Y\WYRĜt D SRVWXSQČ QDSOQt QDþWHQêPL KRGQRWDPL
± SUDNWLFNp SRXåLWt MH SUR SĜHGiYiQt SROt MDNR SDUDPHWUĤ D QiYUDWRYêFK KRGQRW PHWRG YL] GiOH
Ƈ YUDFt RGND] QD WRWR SROH
LQW>@ DEF
QHZ LQW>@
DEF>@
LQW>@ [\]
[\]
DEF
6\VWHPRXWSULQWOQ[\]>@
SXEOLF VWDWLF LQW>@ Y\WYRUHQL3ROH$1DFWHQL+RGQRWLQW YHOLNRVW3ROH ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
LQW>@ SROH
QHZ LQW>YHOLNRVW3ROH@
IRU LQW L
L SROHOHQJWK L ^
SROH>L@
VFQH[W,QW
`
UHWXUQ SROH
`
Y\SLVH Ɣ PHWRGD LQW>@ Y\SRFHW2GFK\OHNLQW>@ SROH7HSORW
Ƈ GRVWiYi MDNR VYĤM SDUDPHWU SROH WHSORW
Ƈ QHMSUYH Y\SRþWH VXPX WHSORW D MHMLFK SUĤPČU
Ƈ SDN Y\WYRĜt SROH RGFK\OHN VWHMQp YHOLNRVWL MDNR MH SROH WHSORW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ SROH RGFK\OHN SRVWXSQČ QDSOQt Y\SRþWHQêPL KRGQRWDPL
LQW>@ WHSORW\7\GQH
Y\WYRUHQL3ROH$1DFWHQL+RGQRW7<'(1
LQW>@ RGFK\ON\7\GQH
Y\SRFHW2GFK\OHNWHSORW\7\GQH
Y\SLV+RGQRWWHSORW\7\GQH RGFK\ON\7\GQH
Ƈ YUDFt RGND] QD SROH RGFK\OHN
SXEOLF VWDWLF LQW>@ Y\SRFHW2GFK\OHNLQW>@ SROH7HSORW ^
LQW VXPD
IRU LQW L
L SROH7HSORWOHQJWK L ^
VXPD SROH7HSORW>L@
`
LQW>@ WHSORW\0HVLFH
Y\WYRUHQL3ROH$1DFWHQL+RGQRW0(6,&
LQW>@ RGFK\ON\0HVLFH
Y\SRFHW2GFK\OHNWHSORW\0HVLFH
Y\SLV+RGQRWWHSORW\0HVLFH RGFK\ON\0HVLFH
`
LQW SUXPHU
VXPD SROH7HSORWOHQJWK
LQW>@ RGFK\ON\
QHZ LQW>SROH7HSORWOHQJWK@
IRU LQW L
L SROH7HSORWOHQJWK L ^
RGFK\ON\>L@
SROH7HSORW>L@ SUXPHU
`
UHWXUQ RGFK\ON\
`
3ROH O]H Y PHWRGČ PČQLW
Ŷ NG\å E\O SĜHGiYiQ GR PHWRG\ VNXWHþQê SDUDPHWU SULPLWLYQtKR GDWRYpKR W\SX QHE\OD MHKR SĜtSDGQi
]PČQD Y PHWRGČ YLGLWHOQi YQČ PHWRG\
`
Ŷ Y SĜtSDGČ SROt MDNR IRUPiOQtFK SDUDPHWUĤ WR QHSODWt
Ɣ PHWRGD YRLG Y\SLV+RGQRWLQW>@ SROH7 LQW>@ SROH2
Ɣ GR PHWRG\ VH SĜHGi NRSLH UHIHUHQþQt SURPČQQp NWHUi DOH XND]XMH QD SĤYRGQt SROH YL] GĜtYH
Ƈ GRVWiYi MDNR VYp SDUDPHWU\ SROH WHSORW D SROH RGFK\OHN
Ɣ SUYN\ SROH O]H Y PHWRGČ WUYDOH QDVWDYLW ± ]PČQD EXGH YLGLWHOQi L SR RSXãWČQt PHWRG\
Ƈ KRGQRW\ RERX SROt IRUPiWRYDQČ Y\StãH
3ĜtNODG 7UYDOi ]PČQD KRGQRW\ SUYNX SROH SĜHGDQpKR GR PHWRG\
Ƈ QHYUDFt QLF
LPSRUW MDYDXWLO
SXEOLF VWDWLF YRLG Y\SLV+RGQRWLQW>@ SROH7 LQW>@ SROH2 ^
IRU LQW L
L SROH7OHQJWK L ^
6\VWHPRXWSULQWOQ L SROH7>L@ SROH2>L@
`
`
SXEOLF FODVV =PHQD3ROH ^
SXEOLF VWDWLF YRLG ]PHQD7UHWLKR3UYNXLQW>@ SROH ^
SROH>@
`
LQW>@ SROH)LERQ
^ `
6\VWHPRXWSULQWOQ$UUD\VWR6WULQJSROH)LERQ
]PHQD7UHWLKR3UYNXSROH)LERQ
6\VWHPRXWSULQWOQ$UUD\VWR6WULQJSROH)LERQ
`
Ɣ KODYQt SURJUDP SRX]H YROi SĜLSUDYHQp PHWRG\
Ƈ MH ]GH XNi]iQR MDN O]H EH] SUREOpPĤ SRXåtW Y\WYRĜHQp PHWRG\ SUR ]SUDFRYiQt ~GDMĤ ]D PČVtF
`
SXEOLF FODVV 7HSORW\3ROH0HWRG\3DUDPHWU\ ^
VWDWLF LQW 7<'(1
VWDWLF LQW 0(6,&
Y\StãH
> @
> @
SXEOLF VWDWLF LQW>@ Y\WYRUHQL3ROH$1DFWHQL+RGQRWLQW YHOLNRVW3ROH ^
`
3ROH MDNR WDEXOND
SXEOLF VWDWLF LQW>@ Y\SRFHW2GFK\OHNLQW>@ SROH7HSORW ^
`
Ŷ SĜHGFKR]t SĜtNODG\ XND]RYDO\ SRXåLWt SROH SUR XORåHQt þDVRYp SRVORXSQRVWL ~GDMĤ
Ŷ NG\å XYiåtPH åH NDåGê SUYHN SROH MH QHRGGČOLWHOQČ VSRMHQ VH VYêP LQGH[HP PĤåHPH SROH SRXåtYDW
MDNR MHGQRGXFKRX WDEXONX ]REUD]HQt
SXEOLF VWDWLF YRLG Y\SLV+RGQRWLQW>@ SROH7 LQW>@ SROH2 ^
`
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ SUYQt QHH[LVWXMtFt VORXSHF SĜHGVWDYXMt LQGH[\ ± MH WR KRGQRWD [
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ GUXKê VORXSHF MVRX KRGQRW\ MHGQRWOLYêFK SUYNĤ ± MH WR KRGQRWD \
FHWQRVWL>L@ I[
`
Ɣ MH WĜHED VL XYČGRPLW åH SUYQt LQGH[ SROH MH YåG\ D LQGH[\ URVWRX SR MHGQp
`
`
Ƈ Y SĜtSDGČ MLQêFK KRGQRW MH WĜHED SĜHSRþtWDW LQGH[\ ± YL] GiOH
Ŷ YH YãHFK WĜHFK QiVOHGXMtFtFK SĜtNODGHFK EXGHPH ]NRXPDW NYDOLWX JHQHUiWRUX SVHXGRQiKRGQêFK þtVHO
Y\StãH QDSĜ
Ɣ WHQ VH QDFKi]t Y EDOtNX MDYDXWLO WM MDNR SUYQt SĜtND] SURJUDPX PXVt EêW
Ɣ JHQHUiWRU E\ PČO SRVN\WRYDW þtVOD Y URYQRPČUQpP UR]ORåHQt WM NDåGp þtVOR V SĜLEOLåQČ VWHMQRX
SUDYGČSRGREQRVWt
Ŷ EXGHPH ]NRXPDW þHWQRVWL SVHXGRQiKRGQêFK þtVHO Då Ɣ SRXåLMHPH SROH R SUYFtFK
Ɣ LQGH[\ EXGH QXWQR SĜHSRþtVW ± SRVXQRXW R Ƈ Y SĜtSDGČ NYDOLWQtKR JHQHUiWRUX D GRVWDWHþQpKR SRþWX SRNXVĤ VH þHWQRVWL MHGQRWOLYêFK þtVHO
PXVHMt SĜLEOLåQČ URYQDW
Ƈ SĜL XNOiGiQt ± RGHþtWiPH
± YåG\ SURYHGHPH PLOLRQĤ SRNXVĤ WM Y\JHQHUXMHPH PLOLRQĤ SVHXGRQiKRGQêFK þtVHO
Ƈ SĜL YêSLVX ± SĜLþtWiPH
LPSRUW MDYDXWLO
Ɣ JHQHUiWRU SĜLSUDYtPH SĜtND]HP
SXEOLF FODVV &HWQRVW&LVHO3RVXQXWL,QGH[X ^
ILQDO VWDWLF LQW 1
ILQDO VWDWLF LQW '2/1,B0(=
QHZ 5DQGRP
Ɣ SVHXGRQiKRGQp þtVOD Y GDQpP UR]VDKX QDSĜ ! VH JHQHUXMt SĜtND]HP
LQW FLVOR
3RVXQXWt LQGH[Ĥ
Ƈ EXGHPH ]NRXPDW þHWQRVWL þtVHO ± SUR NDåGp Y\JHQHURYDQp þtVOR SĜLþWHPH MHGQLþNX RGSRYtGDMtFtPX
SUYNX SROH
5DQGRP JHQ
Ŷ ] YêVOHGĤ MH YLGČW åH RGFK\OND MH PHQãt QHå SĜHVQČML SURPLOH D ± SURPLOH
LPSRUW MDYDXWLO
JHQQH[W,QW
LQW>@ FHWQRVWL
QHZ LQW>1@
5DQGRP JHQ
QHZ 5DQGRP
IRU LQW L
L 0$; L ^
LQW FLVOR
JHQQH[W,QW1 '2/1,B0(=
LQW LQGH[
FLVOR '2/1,B0(=
FHWQRVWL>LQGH[@
`
%H]SUREOpPRYê SĜtSDG
Ŷ EXGHPH ]NRXPDW þHWQRVWL SVHXGRQiKRGQêFK þtVHO Då Ɣ SRXåLMHPH SROH R SUYFtFK D QHEXGH QXWQR åiGQp SĜHSRþtWiYiQt LQGH[Ĥ
LPSRUW MDYDXWLO
IRU LQW L
L FHWQRVWLOHQJWK L ^
6\VWHPRXWSULQW L '2/1,B0(= FHWQRVWL>L@ `
SXEOLF FODVV &HWQRVW&LVHO ^
ILQDO VWDWLF LQW 1
`
LQW>@ FHWQRVWL
QHZ LQW>1@
5DQGRP JHQ
QHZ 5DQGRP
IRU LQW L
L 0$; L ^
LQW FLVOR
JHQQH[W,QW1
FHWQRVWL>FLVOR@
`
IRU LQW L
L FHWQRVWLOHQJWK
6\VWHPRXWSULQW L 3ĜHGQiãN\ .,933$ 3DYHO +HURXW `
Y\StãH QDSĜ
3RVXQXWt LQGH[Ĥ D SĜHSRþHW UR]VDKX
L ^
Ŷ EXGHPH ]NRXPDW þHWQRVWL SVHXGRQiKRGQêFK þtVHO Då YH VNXSLQiFK SR WM
3ĜHGQiãN\ .,933$ 3DYHO +HURXW ± ± ± ± ± 3UYRþtVOD SRPRFt (UDWRVWKHQRYD VtWD
Ɣ SRXåLMHPH SROH R SUYFtFK
Ŷ ~NRO MH QDOp]W YãHFKQD SUYRþtVOD PHQãt QHER URYQD ]DGDQpPX PD[LPiOQtPX þtVOX 0$;
Ɣ LQGH[\ EXGH QXWQR SĜHSRþtVW ± JHQHURYDQp þtVOR SĜLĜDGLW VNXSLQČ
$OJRULWPXV
LPSRUW MDYDXWLO
Y\WYRĜtPH PQRåLQX REVDKXMtFt YãHFKQD SĜLUR]HQi þtVOD RG GR 0$; YþHWQČ
SXEOLF FODVV &HWQRVW&LVHO3UHSRFHW ^
ILQDO VWDWLF LQW 1
ILQDO VWDWLF LQW 6.83,1$
ILQDO VWDWLF LQW '2/1,B0(=
ILQDO VWDWLF LQW +251,B0(=
'2/1,B0(= 1 6.83,1$
] PQRåLQ\ Y\SXVWtPH YãHFKQ\ QiVREN\ þtVOD QDMGHPH QHMEOLåãt Y\ããt þtVOR N SĜHGFKR]tPX ]SUDFRYiYDQpPX D Y\SXVWtPH YãHFKQ\ MHKR QiVREN\
RSDNXMHPH NURN GRNXG MVRX Y PQRåLQČ QČMDNi QH]SUDFRYDQi þtVOD
þtVOD NWHUi Y PQRåLQČ ]ĤVWiYDMt MVRX KOHGDQi SUYRþtVOD
LQW>@ FHWQRVWL
QHZ LQW>1@
5DQGRP JHQ
QHZ 5DQGRP
IRU LQW L
L 0$; L ^
LQW FLVOR
JHQQH[W,QW+251,B0(= '2/1,B0(=
FLVOR '2/1,B0(=
LQW LQGH[
FLVOR '2/1,B0(= 6.83,1$
6\VWHPRXWSULQWOQ FLVOR LQGH[
FHWQRVWL>LQGH[@
`
3R]QiPND
$OJRULWPXV O]H XU\FKOLW UHVSHNWLYH YêSRþHW O]H ]NUiWLW NG\å VL XYČGRPtPH åH QHMYČWãt ]SUDFRYi
YDQp þtVOR MH QHMYêãH GUXKi RGPRFQLQD ] 0$;
ěHãHQt
SXEOLF FODVV 3UYRFLVOD ^
IRU LQW L
L FHWQRVWLOHQJWK L ^
6\VWHPRXWSULQW L 6.83,1$ '2/1,B0(=
L 6.83,1$ '2/1,B0(= FHWQRVWL>L@ `
VWDWLF ERROHDQ>@ Y\WYRU$1DVWDYLQW PD[ ^
ERROHDQ>@ PQR]LQD
QHZ ERROHDQ>PD[ @
IRU LQW L
L PQR]LQDOHQJWK L ^
PQR]LQD>L@
WUXH
`
UHWXUQ PQR]LQD
`
`
`
Y\StãH QDSĜ
Ź
3ROH UHSUH]HQWXMtFt PQRåLQX
Ŷ SUYN\ SROt QHPXVHMt EêW SRX]H þtVOD
Ŷ SRXåLMHPHOL SROH W\SX ERROHDQ SDN KRGQRWD SUYNX PĤåH ]QDPHQDW
M L ^
VWDWLF YRLG Y\SLV3UYRFLVHOERROHDQ>@ PQR]LQD ^
IRU LQW L
L PQR]LQDOHQJWK L ^
LI PQR]LQD>L@
WUXH ^
6\VWHPRXWSULQW L `
`
6\VWHPRXWSULQWOQ
Ɣ WUXH ± SUYHN MH SĜtWRPHQ Y PQRåLQČ
Ɣ IDOVH ± SUYHN QHQt SĜtWRPHQ Y PQRåLQČ
Ŷ QHMMHGQRGXããt SĜtSDG SDN MH åH SUYHN Pi KRGQRWX GDQRX MHKR LQGH[HP
3ĜHGQiãN\ .,933$ 3DYHO +HURXW VWDWLF YRLG VLWRERROHDQ>@ PQR]LQD ^
LQW PH]
LQW 0DWKVTUWPQR]LQDOHQJWK
IRU LQW L
L PH] L ^
LI PQR]LQD>L@
IDOVH ^
FRQWLQXH
`
IRU LQW M
L M PQR]LQDOHQJWK
PQR]LQD>M@
IDOVH
`
`
`
3ĜHGQiãN\ .,933$ 3DYHO +HURXW `
Ŷ QDNRQHF VH ]DGDQp PDWLFH Y\Stãt D Y\StãH VH L MHMLFK VRXþHW
ERROHDQ>@ SUYRFLVOD
Y\WYRU$1DVWDY0$;
VLWRSUYRFLVOD
Y\SLV3UYRFLVHOSUYRFLVOD
`
LPSRUW MDYDXWLO
SXEOLF FODVV 6RXFHW0DWLF ^
VWDWLF 6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
`
9tFHUR]PČUQi SROH
Ŷ SROH N MHKRå SUYNĤP VH SĜLVWXSXMH SRPRFt YtFH QHå MHGQRKR LQGH[X
Ŷ Y -DYČ VH V YtFHUR]PČUQêPL SROL SUDFXMH MDNR V MHGQRUR]PČUQêPL SROL MHMLFKå SUYN\ MVRX RSČW SROH
Ɣ WDWR ]QDORVW Pi Yê]QDP SĜL SRXåLWt VRILVWLNRYDQêFK NRQVWUXNFt QDSĜ SROH V QHVWHMQRX GpONRX ĜiGHN
DSRG
VWDWLF YRLG Y\SLVLQW>@>@ P ^
LQW UDGN\
POHQJWK
LQW VORXSFH
P>@OHQJWK
IRU LQW L
L UDGN\ L ^
IRU LQW M
M VORXSFH M ^
6\VWHPRXWIRUPDWG P>L@>M@
`
6\VWHPRXWSULQWOQ
`
`
'HNODUDFH
Ŷ GHNODUDFH UHIHUHQþQt SURPČQQp ± NROLN UR]PČUĤ WROLN SUi]GQêFK >@
LQW>@>@ PDWLFH
Ŷ Y\WYRĜHQt PDWLFH R GYRX ĜiGFtFK D WĜHFK VORXSFtFK
PDWLFH
QHZ LQW>@>@
3R]QiPND
VWDWLF LQW>@>@ VHFWLLQW>@>@ P LQW>@>@ P ^
LQW UDGN\
POHQJWK
LQW VORXSFH
P>@OHQJWK
LQW>@>@ PV
QHZ LQW>UDGN\@>VORXSFH@
IRU LQW L
L UDGN\ L ^
IRU LQW M
M VORXSFH M ^
PV>L@>M@
P>L@>M@ P>L@>M@
`
`
UHWXUQ PV
`
-HOL SRþHW ĜiGNĤ D VORXSFĤ NRQVWDQWQt MDNR Y WRPWR SĜtSDGČ SRXåtYi VH REþDV R]QDþHQt SUDYR
~KOp SROH
Ŷ L YtFHUR]PČUQp SROH O]H Y\WYRĜLW YêþWHP LQLFLDOL]DþQtFK KRGQRW
LQW>@>@ MHGQRWNRYD0DWLFH
^^ ` ^ ` ^ ``
Ŷ SĜL SĜHGiQt YtFHUR]PČUQpKR SROH GR PHWRG\
Ɣ KRGQRW\ O]H Y PHWRGČ WUYDOH PČQLW ± SODWt VWHMQi SUDYLGOD MDNR SUR MHGQRUR]PČUQp SROH
Ɣ SRþHW ĜiGNĤ VH ]MLVWt MDNR
6\VWHPRXWSULQW=DGHM SRFHW UDGNX LQW UDGN\
VFQH[W,QW
6\VWHPRXWSULQW=DGHM SRFHW VORXSFX LQW VORXSFH
VFQH[W,QW
LQW>@>@ P
Y\WYRU$1DFWLUDGN\ VORXSFH
LQW>@>@ P
Y\WYRU$1DFWLUDGN\ VORXSFH
LQW>@>@ VRXFHW
VHFWLP P
Y\SLVP
6\VWHPRXWSULQWOQSOXV
Y\SLVP
6\VWHPRXWSULQWOQURYQD VH
MPHQR0DWLFHOHQJWK
Ɣ SRþHW VORXSFĤ VH ]MLVWt MDNR
MPHQR0DWLFH>@OHQJWK
6RXþHW GYRX PDWLF
Ŷ SURJUDP XPRåQt ]DGDW SRþHW ĜiGHN D VORXSFĤ
Ŷ SDN VH ]DGDMt REČ PDWLFH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW VWDWLF LQW>@>@ Y\WYRU$1DFWLLQW UDGN\ LQW VORXSFH ^
LQW>@>@ P
QHZ LQW>UDGN\@>VORXSFH@
6\VWHPRXWSULQWOQ=DGHMWH PDWLFL UDGN\ [ VORXSFH
IRU LQW L
L UDGN\ L ^
IRU LQW M
M VORXSFH M ^
P>L@>M@
VFQH[W,QW
`
`
UHWXUQ P
`
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Y\SLVVRXFHW
`
`
1DþWHQt KRGQRW YVWXSQtFK PDWLF ]H VRXERUX
Ŷ SĜL ODGČQt VL PĤåHPH VH ]DGiYiQtP KRGQRW SRPRFL RSČW MDNR X MHGQRUR]PČUQpKR SROH Y\XåLWtP VRXERUX
VH YVWXSQtPL KRGQRWDPL
Ɣ SĜLSUDYtPH VL MHGQRUi]RYČ HGLWRUHP WH[WRYê VRXERU KRGQRW\PDWLFW[W V REVDKHP QDSĜ
NGH MHGQRWOLYi þtVOD MVRX WD NWHUi E\FKRP MLQDN ]DGiYDOL SR VSXãWČQt SURJUDPX QDSĜ þtVOR QD GUXKp
ĜiGFH Pi Yê]QDP ÄSRþHW VORXSFĤ³
3R]QiPND
-DN MH ]ĜHMPp QD SRþWX D XPtVWČQt EtOêFK ]QDNĤ QH]iOHåt =DGiYiPH MH GOH XYiåHQt WDN DE\
E\O VRXERU KRGQRW\PDWLFW[W FR QHMSĜHKOHGQČMãt
Ɣ SR VSXãWČQt SĜtND]HP
MDYD 6RXFHW0DWLF KRGQRW\PDWLFW[W
Y\StãH
=DGHM SRFHW UDGNX =DGHM SRFHW VORXSFX =DGHMWH PDWLFL [ =DGHMWH PDWLFL [ SOXV
URYQD VH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ VHVWXSQČ S>L @ !
.DSLWROD ěD]HQt
S>L@ SUR L
SOHQJWK 3R]QiPND
=iNODGQt WHUPLQRORJLH
3RNXG GiOH QHEXGH H[SOLFLWQČ XYHGHQR åH VH MHGQi R VHVWXSQp ĜD]HQt MHGQi VH LPSOLFLWQČ R
ĜD]HQt Y]HVWXSQp 7R MH Y SUD[L PQRKHP EČåQČMãt
Ŷ DQJOLFNê YêUD] VRUW Pi W\WR SĜHNODG\
Ŷ GDOãt GĤOHåLWê IDNW MH NGH ĜD]HQt I\]LFN\ SUREtKi ± UR]H]QiYiPH
Ɣ WĜtGLW UR]WĜLćRYDW UR]GČORYDW SRGOH GUXKĤ
Ɣ ĜD]HQt YQLWĜQt ± YãHFKQ\ ĜD]HQp SUYN\ MVRX Y MHGHQ RNDPåLN GRVWXSQp YH YQLWĜQt SDPČWL
Ɣ XVSRĜiGDW VHĜDGLW
Ŷ ĜD]HQt ± þLQQRVW NG\ SĜHVNXSXMHPH SUYN\ QHMþDVWČML Y SROL WDN DE\ E\O\ Y XUþLWp SRVORXSQRVWL YH NWHUp
PH]L SUYN\ SODWt Y]WDK\ ÄYČWãtPHQãt³ þL ÄSĜHGFKĤGFHQiVOHGQtN³
Ƈ ]DPČĜtPH VH SRX]H QD WHQWR ]SĤVRE ÄSDPČWL MH GRVW³ ± QHQt SUREOpP WDNWR ĜDGLW SROH R YHOLNRVWL
GHVtWHN PLOLRQĤ SUYNĤ
Ɣ ĜD]HQt YQČMãt ± ĜD]HQêFK SUYNĤ MH H[WUpPQt PQRåVWYt D GR YQLWĜQt SDPČWL VH QDMHGQRX QHYHMGRX
Ɣ ÄVHĜDć VWXGHQW\ SRGOH GDWD QDUR]HQt³
Ƈ MVRX XORåHQ\ Y MHGQRP þL YtFH VRXERUHFK QD YQČMãt SDPČWL
Ŷ WĜtGČQt ± þLQQRVW NG\ SUYN\ ] XUþLWp VNXSLQ\ PQRåLQ\ UR]GČOXMHPH GR SRGVNXSLQ SRGOH QČMDNp VSROHþQp
YODVWQRVWL
Ƈ Y MHGHQ RNDPåLN MH SĜtPR GRVWXSQi WM YH YQLWĜQt SDPČWL SRX]H þiVW SUYNĤ
Ƈ WHQWR ]SĤVRE YL] Y SĜHGPČWHFK .,933$ .,937 .,9'%
Ɣ ÄUR]ĜDć UR]WĜLć VWXGHQW\ SRGOH PČVtFĤ GDWD QDUR]HQt GR VNXSLQ³
Ŷ SRMHP NOtþ
Ŷ SRMP\ ĜD]HQt D WĜtGČQt VH EČåQČ ]DPČĖXMt L Y RGERUQp OLWHUDWXĜH
Ɣ YČWãLQRX YãDN RED ]QDPHQDMt ÄSĜHVNXSLW Y SRVORXSQRVWL³
Ɣ GRVXG MVPH SĜHGSRNOiGDOL ĜD]HQt SULPLWLYQtFK GDWRYêFK SUYNĤ
Ɣ ]GH EXGH GĤVOHGQČ SRXåtYiQ SRMHP ĜD]HQt
Ɣ ĜDGLW O]H L ]i]QDP\ WM GDWRYp VWUXNWXU\ V YtFH SRORåNDPL
Ƈ QDSĜ ]i]QDP R RVREČ Pi SRORåN\ MPpQR YČN YiKD YêãND
Ŷ ~þHOHP ĜD]HQt MH Yê]QDPQČ XVQDGQLW SR]GČMãt Y\KOHGiYiQt
± WHFKQLFNRX UHDOL]DFL ]i]QDPX Y -DYČ YL] SR]GČML
Ɣ MHGQi VH R ]iNODGQt D WpPČĜ XQLYHU]iOQČ SURYiGČQRX þLQQRVW QHMHQ Y SRþtWDþtFK
Ɣ SDN SĜL ĜD]HQt Y\EHUHPH MHGQX ] SRORåHN NWHURX SUR ~þHO\ ĜD]HQt QD]YHPH NOtþHP D SRGOH Qt ĜDGtPH
FHOp ]i]QDP\
Ƈ ÄGHM VL YČFL GR SRĜiGNX³ ]QDPHQi ÄSURYHć QČMDNRX YKRGQRX IRUPX WĜtGČQt D ĜD]HQt³
Ƈ XYiGt VH åH ĜD]HQt ]DEHUH Då YêSRþHWQtKR þDVX ]SUDFRYiQt GDW
Ƈ SĜLUR]HQČ FKFHPH DE\ ~GDMH R MHGQp RVREČ ]ĤVWDO\ SRKURPDGČ
Ɣ SURWRåH VH MHGQi R XQLYHU]iOQt YČF
Ƈ SĜL SRXåLWt NOtþH MVRX YãHFKQ\ RVWDWQt SRORåN\ ]i]QDPX SUR VDPRWQê SURFHV ĜD]HQt QHSRGVWDWQp
SRMHP KRGQRWRYp SUYN\
Ƈ H[LVWXMH PQRåVWYt UR]PDQLWêFK DOJRULWPĤ
± QD QLFK O]H XNi]DW QHMUĤ]QČMãt SULQFLS\ D SRVWXS\
Ƈ Y SĜtSDGČ SULPLWLYQtFK GDWRYêFK SUYNĤ MH NOtþHP FHOê SUYHN
YHOPL YKRGQp SUR YêXNX DOJRULWPL]DFH Y SURJUDPRYiQt
Ɣ MHOL PRåQp ĜDGLW SRGOH YtFH SRORåHN PĤåH VH MHGQDW R
± -DYD Pi YH VYêFK NQLKRYQiFK VDPR]ĜHMPČ WXWR SUREOHPDWLNX YtFH QHå XVSRNRMLYČ ĜHãHQX ± YL]
GiOH
Ƈ VORåHQê NOtþ ± SRXåLMt VH KRGQRW\ YtFH SRORåHN QDMHGQRX
± QDSĜ SRORåNDPL MVRX GHQ PČVtF D URN QDUR]HQt D ~NROHP MH VHĜDGLW SRGOH VWiĜt
Ŷ SĜL ĜD]HQt MH GĤOHåLWê ]SĤVRE VPČU ĜD]HQt
± SDN VH ] WČFKWR SRORåHN Y\SRþtWi MHGQD VSROHþQi KRGQRWD
Ɣ ĜD]HQt Y]HVWXSQČ ± SĜHGFKR]t SUYHN MH PHQãt QHER URYHQ QiVOHGXMtFtPX SUYNX
Y WRPWR SĜtSDGČ D Y -DYČ WR EXGH SRþHW PLOLVHNXQG RG Ɣ ĜD]HQt VHVWXSQČ ± SĜHGFKR]t SUYHN MH YČWãt QHER URYHQ QiVOHGXMtFtPX SUYNX
± GDOãt þDVWê SĜtSDG MH SĜtMPHQt D MPpQR
Ŷ SUR SROH SULPLWLYQtFK GDWRYêFK SUYNĤ Y -DYČ WHG\ SODWt
± SRGVWDWQp MH åH SRORåN\ E\ PČO\ PtW VWHMQê I\]LNiOQt Yê]QDP
Ɣ Y]HVWXSQČ S>L @ S>L@ SUR L
SOHQJWK QHPi PRF VP\VO NOtþ VORåHQê ] SRORåHN YêãND D YČN
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ SULPiUQt VHNXQGiUQt D WHUFLiOQt ĜD]HQt ± SRVWXSQp ĜD]HQt
± QDUR]GtO RG SĜHGFKR]tKR SĜtSDGX SRVWXSXMHPH SR þiVWHFK
Ɣ ĜDGtPHOL DOH ĜHWČ]FH W\SLFN\ MPpQD VRXERUĤ GRVWDQHPH YêVOHGHN QDSĜ SĜtSRQD W[W MH YROHQD
QiKRGQČ D QHPi ]GH Yê]QDP
SULPiUQtP ĜD]HQtP SRGOH MHGQp QHMGĤOHåLWČMãt SRORåN\ NOtþH VHĜDGtPH SROH
SRORåN\ VH VWHMQRX KRGQRWRX SULPiUQtKR NOtþH VH WtP VHVNXSLO\ D W\WR ~VHN\ SROH ĜDGtPH MHG
QRWOLYČ SRGOH VHNXQGiUQtKR NOtþH GUXKp QHMYê]QDPQČMãt SRORåN\
QHY\KRYXMHOL YêVOHGHN ĜD]HQt WM ]ĤVWiYDMtOL VWHMQp SRGVNXSLQ\ SRVWXS VH RSDNXMH SUR WHUFL
iOQt NOtþ DWG
± WHQWR ]SĤVRE MH XQLYHU]iOQČMãt
W[W W[W W[W W[W W[W W[W W[W W[W
Ɣ WRWR ĜD]HQt SUREtKi WDN åH VH ĜHWČ]FH ĜDGt QHMSUYH SRGOH KRGQRW\ ]QDNX WM Ƈ WtP VH N VREČ GRVWDQRX Y\WYRĜt VH VNXSLQ\
± W[W W[W W[W W[W
NOtþH SUR MHGQRWOLYp VWXSQČ ĜD]HQt VSROX QHPXVHMt VRXYLVHW
± W[W W[W
SURWR VH SRXåtYi YtFH D WR L Y SĜtSDGHFK NG\ E\ E\OR PRåQp ]NRQVWUXRYDW VORåHQê NOtþ
± W[W
Ɣ VWDELOLWD ĜD]HQt ± PQRKG\ YHOPL GĤOHåLWê IDNWRU
± W[W
3R]QiPND
Ƈ YH GUXKpP D GDOãtFK NURFtFK VH ĜDGt XYQLWĜ WČFKWR VNXSLQ ± VNXSLQ\ VH QDY]iMHP MLå QHPtFKDMt MHGQi
VH R SRVWXSQp ĜD]HQt
0i Yê]QDP SRX]H SĜL ĜD]HQt ]i]QDPĤ 3ĜL ĜD]HQt SULPLWLYQtFK GDWRYêFK SUYNĤ VH Yê]QDP
]WUiFt
± SRURYQiYi VH ]QDN WHþND ] W[W RSURWL ]QDNX ] W[W DWG
Ƈ PHWRGD ĜD]HQt MH VWDELOQt SRNXG UHODWLYQt SRĜDGt SUYNĤ VH VWHMQRX KRGQRWRX NOtþH ]ĤVWiYi Y VHĜD
]HQpP SROL VWHMQp MDNR Y SĤYRGQtP SROL
± EXGHOL ]i]QDP REVDKRYDW SRORåN\ MPpQR D YiKX D Y SROL EXGRX VHNYHQþQČ ]i]QDP\ SUR þOHQ\
FHOp URGLQ\ SDN SĜL VWDELOQtP ĜD]HQt VH VHVNXSt SRORåN\ YåG\ SUR MHGQRKR þOHQD URGLQ\ DOH þDVRYi
SRVORXSQRVW ]ĤVWDQH ]DFKRYiQD
± WHþND Pi PHQãt KRGQRWX QHå Ƈ Y SĜtSDGČ VWHMQpKR REVDKX SUYQtFK QČNROLND ]QDNĤ GYRX ĜHWČ]FĤ MH PHQãt NUDWãt ĜHWČ]HF
± QDSĜ DKRM MH ÄPHQãt³ QHå DKRMOLGL
Ɣ SURWR VH Y SRGREQêFK SĜtSDGHFK VQDåtPH DE\ GpOND ĜHWČ]FĤ E\OD VKRGQi QDSĜ VL Y\SRPĤåHPH QH
Yê]QDPRYêPL QXODPL ]GH MVRX DOH SUR ĜD]HQt Yê]QDPRYp
3DYHO .DUHO 3HWU 3DYHO 3DYHO .DUHO SR VHĜD]HQt VWDELOQt PHWRGRX
W[W W[W W[W W[W W[W W[W W[W W[W
.DUHO .DUHO 3DYHO 3DYHO 3DYHO 3HWU 3R]QiPND
Ƈ PHWRGD ĜD]HQt MH QHVWDELOQt SRNXG UHODWLYQt SRĜDGt SUYNĤ VH VWHMQRX KRGQRWRX NOtþH EXGH Y VHĜD
]HQpP SROL MLQp QHå Y SROL SĤYRGQtP
± SUR SĜHGFKR]t SĜtNODG E\FKRP ]WUDWLOL þDVRYRX ĜDGX
9 SĜtSDGČ ĜHWČ]FĤ VORåHQêFK MHQ ] $6&,, ]QDNĤ SDN QHQDVWiYDMt YČWãLQRX GDOãt SUREOpP\ 9
SĜtSDGČ ĜD]HQt ĜHWČ]FĤ V DNFHQWRYDQêPL ]QDN\ MH VLWXDFH VORåLWČMãt ± ]iOHåt QD QiURGQtFK
]Y\NORVWHFK 3URVWĜHGN\ -DY\ MH YãDN SOQČ ĜHãLWHOQi L Y SĜtSDGČ þHãWLQ\ 3RGUREQRVWL Y .,9-;7
3R]QiPND
3DYHO .DUHO 3HWU 3DYHO 3DYHO .DUHO Ŷ 3UR MHGQRGXFKRVW EXGRX SULQFLS\ QČNWHUêFK DOJRULWPĤ ĜD]HQt Y\VYČWORYiQ\ QD SROL SUYNĤ W\SX LQW
D ĜD]HQt EXGH YåG\ Y]HVWXSQp
SR VHĜD]HQt QHVWDELOQt PHWRGRX
.DUHO .DUHO 3DYHO 3DYHO 3DYHO 3HWU Ŷ 3ĜL YêNODGX MHGQRWOLYêFK DOJRULWPĤ QHEXGH GLVNXWRYiQD MHMLFK HIHNWLYLWD ± YL] SR]GČML
Ŷ 3UR YãHFKQ\ DOJRULWP\ O]H QDOp]W ĜDGX GtOþtFK Y\OHSãHQt QČNWHUp MVRX XYHGHQ\ 3UDJPDWLFN\
Y]DWR ± WDWR Y\OHSãHQt QHPDMt SĜtOLãQê SUDNWLFNê VP\VO D MVRX XYiGČQD MHQ MDNR XNi]ND SRXåtYiQt
]iNODGQtFK SURJUDPiWRUVNêFK ÄWULNĤ³
± QiKUDGQtP ĜHãHQtP E\ E\OR GRGDW GR ]i]QDPX SRORåNX R þDVH D SRGOH Qt VHNXQGiUQČ ĜDGLW
Ŷ OH[LNRJUDILFNp ĜD]HQt
Ɣ SĜL ĜD]HQt þtVHO RþHNiYiPH YêVOHGHN QDSĜ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW ěD]HQt YêEČUHP ± 6HOHFW6RUW
3ULQFLS ĜHãHQt
Ŷ Wpå ĜD]HQt V YêEČUHP PH]QtKR SUYNX QHER ĜD]HQt V SĜtPêP YêEČUHP
PiPH MLå VHĜD]HQê ~VHN N SUYNĤ
3ULQFLS ĜHãHQt
YH]PHPH N SUYHN D Y SĜHGFKR]tP VHĜD]HQpP SROL QDOH]QHPH PtVWR NDP VH ]DĜDGt
]DĜD]HQt SUREČKQH WDN åH VH YãHFKQ\ QiVOHGXMtFt SUYN\ SRVXQRX R MHGQR PtVWR GiOH
Y SROL QDOH]QHPH SUYHN V QHMPHQãt KRGQRWRX D ]DSDPDWXMHPH VL MHKR SRĜDGt
ERG\ D SURYiGtPH SUR YãHFKQ\ GDOãt SUYN\
Y\PČQtPH WHQWR SUYHN V SUYNHP QD SUYQtP PtVWČ Y SROL
ERG\ D RSDNXMHPH SUR GUXKê QHMPHQãt SUYHN SROH D GUXKp SRĜDGt Då SUR SĜHGSRVOHGQt QHMPHQãt
SUYHN
>
>
>
>
>
@
@
@
@
@
QDOH]HQD
QDOH]HQD
QDOH]HQD
QDOH]HQD
]iPČQD
]iPČQD
]iPČQD
]iPČQD
V
V
V
V
3RVXQXWt NDUHW MH VQDGQp D MHGQRUi]RYp 3RVXQXWt SUYNĤ SROH MH QXWQR SURYpVW Y F\NOX ± SĜHGVWD
YXMH þDVRYČ QiURþQp YêPČQ\ SUYNĤ
> @
ěHãHQt Y -DYČ
Ŷ L0LQ MH LQGH[ SUYNX V PLQLPiOQt KRGQRWRX
LPSRUW MDYDXWLO
SXEOLF FODVV 5D]HQL9\EHUHP ^ 6HOHFW VRUW
ILQDO VWDWLF LQW>@ SROH
^ `
IRU LQW L
L SROHOHQJWK L ^
LQW L0LQ
L
IRU LQW M
L M SROHOHQJWK M ^
LI SROH>M@ SROH>L0LQ@ ^
L0LQ
M
`
`
LI L L0LQ ^
LQW SRP
SROH>L0LQ@
SROH>L0LQ@
SROH>L@
SROH>L@
SRP
`
`
`
]SUDFRYiYi > @
> @
SRVXQXWt YORåHQt ]SUDFRYiYi > @
> @
SRVXQXWt YORåHQt ]SUDFRYiYi > @
> @
> @
SRVXQXWt SRVXQXWt YORåHQt ]SUDFRYiYi > @
> @
> @
SRVXQXWt SRVXQXWt YORåHQt > @
ěHãHQt Y -DYČ
Ŷ YQLWĜQt F\NOXV
Ɣ MGH RG NRQFH N ]DþiWNX RG Y\ããtFK LQGH[Ĥ N QLåãtP ± QXWQp SUR SRVXQ SUYNĤ Y SROL DE\FKRP MH QH
SĜHSVDOL
Ɣ Pi GYRMLWRX XNRQþRYDFt SRGPtQNX
`
Ƈ M !
ěD]HQt YNOiGiQtP ± ,QVHUW6RUW
± GRNXG MVPH Y SROL
± WDWR SRGPtQND VH XSODWQt SRX]H MHGQRX ± YL] GiOH
Ƈ SROH>M@ ! SRP ± GRNXG MH SUiYČ ]DĜD]RYDQê SUYHN PHQãt
Ŷ SRVWXS SRXåtYDQê SĜL ĜD]HQt NDUHW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3R]QiPND
-H QH]E\WQp PtW SRGPtQNX ]DSVDQRX MDNR
IRU LQW L
L SROHOHQJWK L ^
LQW SRP
SROH>L@
LQW SUYQL
SROH>@
SROH>@
SRP
LQW M
IRU M
L SROH>M@ ! SRP M ^
SROH>M @
SROH>M@
`
LI SRP ! SUYQL ^
SROH>@
SUYQL
SROH>M @
SRP
`
HOVH ^
SROH>@
SRP
SROH>M @
SUYQL
`
`
`
M !
SROH>M@ ! SRP
QLNROLY
SROH>M@ ! SRP M !
FK\ED
SURWRåH IXQJXMH ]NUiFHQp Y\KRGQRFRYiQt ORJLFNêFK YêUD]Ĥ
QHQtOL SUYQt þiVW SRGPtQN\ WM M ! VSOQČQD N Y\KRGQRFRYiQt GUXKp þiVWL WM SROH>M@
! SRP QHGRMGH D WtP DQL SRGWHþHQt LQGH[X
LPSRUW MDYDXWLO
SXEOLF FODVV 5D]HQL9NODGDQLP ^ ,QVHUW VRUW
^ `
IRU LQW L
L SROHOHQJWK L ^
LQW SRP
SROH>L@
LQW M
IRU M
L M ! SROH>M@ ! SRP
SROH>M @
SROH>M@
`
SROH>M @
SRP
`
`
`
M ^
3R]QiPND
8U\FKOHQt SURJUDPX Y WRPWR SĜtSDGČ MH DVL FRå MH ]DQHGEDWHOQp 3ĜHVWR MH YãDN XåLWHþQp VL WULN
V SRXåLWtP ]DUiåN\ SDPDWRYDW ± MH WR þDVWR SRXåtYDQê WULN SĜL SUiFL V SROL
ěD]HQt ]DPČĖRYiQtP ± %XEEOH6RUW
`
Ŷ Wpå ĜD]HQt V SĜtPRX YêPČQRX
.RPSOLNRYDQČMãt ĜHãHQt Y -DYČ
3ULQFLS ĜHãHQt
9êVWUDKD
SRURYQiYiPH GYD VRXVHGQt SUYN\ SRþtQDMH SRVOHGQtP SUYNHP
3RX]H SUR ]iMHPFH
SRNXG MH SUYHN V QLåãtP LQGH[HP YČWãt SURKRGtPH MH
Ŷ SRNXG QiV EXGH ]DMtPDW HIHNWLYLWD ĜHãHQt O]H Y\QHFKDW GYRMLWRX SRGPtQNX YH YQLWĜQtP F\NOX
NRQþtPH QD SUYQtP SUYNX
Ɣ SRXåLMHPH SURJUDPRYDFt WULN QD]êYDQê ]DUiåND
Ƈ SRNXG VL VFKRYiPH KRGQRWX SUYQtKR SUYNX D GRþDVQČ ML SĜHStãHPH KRGQRWRX SUiYČ ]DĜD]RYDQpKR
SUYNX PĤåHPH SRXåtW SRX]H MHGQRGXFKRX SRGPtQNX
SROH>M@ ! SRP
Ŷ WtP VH SUYHN V QHMQLåãt KRGQRWRX GRVWDQH QD SUYQt SR]LFL ÄY\EXEOi³ QDKRUX
Ŷ NURPČ WRKR VH þiVWHþQČ VHĜDGt ]E\WHN SROH FRå ]SĤVREt åH FHONRYê SRþHW YêPČQ SUYNĤ MH Y SUĤPČUX
PHQãt QHå X ĜD]HQt YNOiGiQtP
RSDNXMHPH ERG\ Då SĜLþHPå NRQþtPH X GUXKpKR SUYNX Y SRĜDGt DWG
Ƈ ]D XU\FKOHQt YQLWĜQtKR F\NOX DOH ]DSODWtPH VORåLWČMãtP SURJUDPHP V YtFH SĜHVXQ\
> @
± W\WR SĜHVXQ\ MVRX DOH YH YQČMãtP F\NOX WDNåH SUREČKQRX QHMYêãH 1 NUiW
NURN > @
> @
LPSRUW MDYDXWLO
SXEOLF FODVV 5D]HQL9NODGDQLP6H=DUD]NRX ^
3ĜHGQiãN\ .,933$ 3DYHO +HURXW ^ `
SUREXEOiYi SUREXEOiYi 3ĜHGQiãN\ .,933$ 3DYHO +HURXW LPSRUW MDYDXWLO
NURN > @
> @
SUREXEOiYi SUREXEOiYi NURN > @
SUREXEOiYi NURN > @
SUREXEOiYi SXEOLF FODVV 5D]HQL=DPHQRYDQLP=NUDFHQH ^ %XEEOH VRUW
^ `
^ `
IRU LQW L
L SROHOHQJWK L ^
ERROHDQ ]DPHQD
IDOVH
IRU LQW M
SROHOHQJWK M ! L M ^
LI SROH>M @ ! SROH>M@ ^
LQW SRP
SROH>M@
SROH>M@
SROH>M @
SROH>M @
SRP
]DPHQD
WUXH
`
`
LI ]DPHQD
IDOVH ^
EUHDN
SROH MH VHUD]HQR
`
`
`
> @
ěHãHQt Y -DYČ
Ŷ MH WĜHED GiYDW ]YêãHQê SR]RU QD LQGH[\ ]SUDFRYiQt NUDMQtFK SUYNĤ ± PH]H F\NOĤ
Ɣ SURJUDP O]H QDSVDW YtFH SRGREQêPL ]SĤVRE\
LPSRUW MDYDXWLO
SXEOLF FODVV 5D]HQL=DPHQRYDQLP ^ %XEEOH VRUW
^ `
`
IRU LQW L
L SROHOHQJWK L ^
IRU LQW M
SROHOHQJWK M ! L M ^
LI SROH>M @ ! SROH>M@ ^
LQW SRP
SROH>M@
SROH>M@
SROH>M @
SROH>M @
SRP
`
`
`
`
3UDNWLFN\ SRXåtYDQp ĜHãHQt
Ŷ YãHFKQ\ SĜHGFKR]t ]SĤVRE\ ĜD]HQt E\ VH Y SUD[L SRXåLO\ MHQ YH YHOPL VSHFLiOQtFK SĜtSDGHFK
Ŷ SUR QDSURVWRX YČWãLQX EČåQêFK SRXåLWt Y\XåtYiPH ĜD]HQt ] EDOtNX MDYDXWLO
Ɣ MHGQi VH R PHWRGX VRUW WĜtG\ $UUD\V
Ɣ PHWRGD MH SĜHWtåHQi
Ƈ $UUD\VVRUWSROH ± VHĜDGt FHOp SROH
`
Ƈ $UUD\VVRUWSROH RG9FHWQH GR.URPH ± VHĜDGt þiVW SROH RG LQGH[X RG9FHWQH GR LQGH[X
GR.URPH
.RPSOLNRYDQČMãt ĜHãHQt Y -DYČ
Ɣ SRXåtYi VH DOJRULWPXV 4XLFN6RUW SUR SROH SULPLWLYQtFK GDWRYêFK SUYNĤ D 0HUJH6RUW SUR SROH REMHNWĤ
YL] .,933$
9êVWUDKD
Ƈ DOJRULWPXV MH YHOPL U\FKOê ± SROH R PLOLRQHFK SUYNĤ VHĜDGt ]D VHF 3HQWLXP &HQWULQR *+]
3RX]H SUR ]iMHPFH
Ŷ SRNXG QiV EXGH ]DMtPDW HIHNWLYLWD ĜHãHQt O]H SR SUĤFKRGX YQLWĜQtKR F\NOX QDSĜ ]MLVWLW ]GD Y QČP SUREČKOD
DOHVSRĖ MHGQD YêPČQD SUYNĤ
LPSRUW MDYDXWLO
SXEOLF FODVV 5D]HQL-DYD&DV ^
VWDWLF LQW>@ SROH
Ɣ SRNXG QH MH SROH MLå VHĜD]HQp D DOJRULWPXV MH PRåQp SĜHGþDVQČ XNRQþLW
Ɣ WR ]GD GRãOR N YêPČQČ SUYNĤ ]MLVWtPH SRXåLWtP ERROHRYVNp SURPČQQp ]DPHQD
4XLFN VRUW
SXEOLF VWDWLF YRLG SULSUDY3ROH ^
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW SROH
QHZ LQW>0$;@
IRU LQW L
L SROHOHQJWK L ^
SROH>SROHOHQJWK L@
L `
.DSLWROD 7ĜtGD
0RWLYDþQt NRQWUDSĜtNODG
`
9êVWUDKD
SULSUDY3ROH
7RWR MH RGVWUDãXMtFt SĜtNODG SRXåLWt MDN WR QHGČODW
3R]QiPND
$UUD\VVRUWSROH
$UUD\VVRUWSROH SROHOHQJWK SROHOHQJWK
'iOH EXGH SRXåtYiQ OpNDĜVNê WHUPtQ %0, %RG\ 0DVV ,QGH[ NWHUê QHPi QLF VSROHþQpKR V SURJUD
PRYiQtP =GH MH SRXåLW SUR SĜtNODG YêSRþWX GDW RGYR]HQêFK ] GDW ]iNODGQtFK
`
%0, VH Y\SRþtWi MDNR SRGtO KPRWQRVWL >NJ@ D þWYHUFH YêãN\ >P@ WM
`
%0,
Y\StãH
P Y Y
+RGQRW\ %0,
> @
> @
Ŷ ± SRGYiKD
Ŷ Då ± LGHiOQt KPRWQRVW
Ŷ Då ± QDGYiKD
Ŷ ! ± REH]LWD RKURåXMtFt ]GUDYt
Ŷ Y ĜD]HQt MVPH SRXåtYDOL SROH SULPLWLYQtFK GDWRYêFK W\SĤ QDSĜ LQW
Ŷ Y SĜtSDGČ åH FKFHPH XFKRYiYDW R MHGQRP REMHNWX QDSĜ þORYČNX YtFH LQIRUPDFt QDMHGQRX QDSĜ MPpQR
YêãNX D YiKX PĤåHPH SRXåtW YtFH SROt
Ɣ SUR MPpQR EXGHPH SRXåtYDW W\S 6WULQJ SRGUREQRVWL SR]GČML
6WULQJ>@ MPHQD
^3DYHO +DQD .DUHO 'DQD `
Ɣ SUR YiKX W\S GRXEOH
GRXEOH>@ YDK\
^ `
Ɣ SUR YêãNX W\S LQW
LQW>@ Y\VN\
^ `
Ɣ ~GDMH R MHGQp NRQNUpWQt RVREČ EXGRX Y WČFKWR WĜHFK QD VREČ QH]iYLVOêFK SROtFK VSRMHQ\ SRĜDGtP WM
LQGH[HP
Ɣ SRXåLWt PĤåH Y\SDGDW QDSĜ
SXEOLF FODVV 2VRE\1HYKRGQH ^
VWDWLF 6WULQJ>@ MPHQD
VWDWLF GRXEOH>@ YDK\
^ `
VWDWLF LQW>@ Y\VN\
^ `
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW SXEOLF VWDWLF LQW Y\SRFWL%0,LQW SRUDGL ^
GRXEOH Y\VND0HWU\
Y\VN\>SRUDGL@ GRXEOH EPL
YDK\>SRUDGL@ Y\VND0HWU\ Y\VND0HWU\
UHWXUQ LQW 0DWKURXQGEPL ]DRNURXKOHQL
`
± WHQWR DOJRULWPXV VLFH O]H QDSVDW DOH MH NUDMQČ QHSĜHKOHGQê
QDYtF EXGH YHOPL SRPDOê SURWRåH VH VWiOH SĜHVRXYDMt YãHFKQD GDWD
ěHãHQt SRPRFt SROH LQGH[Ĥ
SXEOLF VWDWLF YRLG Y\SLV2VREXLQW SRUDGL ^
6\VWHPRXWSULQWOQMPHQD>SRUDGL@
YD]L YDK\>SRUDGL@ >NJ@
PHUL Y\VN\>SRUDGL@ >FP@
%0, Y\SRFWL%0,SRUDGL
`
9êVWUDKD
-HQ SUR ]iMHPFH
Ŷ MHGQi VH R WHFKQLNX SRXåtYDQRX REþDV Y SURJUDPRYiQt
Ŷ SULQFLS MH QHSĜHVRXYDW GDWD Y SROtFK FRå PĤåH EêW þDVRYČ L RUJDQL]DþQČ QiURþQp DOH SRX]H MHMLFK LQGH[\
Y\SLV2VREX
QHER Y F\NOX
IRU LQW L
L MPHQDOHQJWK L ^
Y\SLV2VREXL
`
`
Ŷ ]DYHGHPH SRPRFQp SROH LQGH[Ĥ ]GH SRUDGL NWHUp MH ] SRþiWNX LQLFLDOL]RYDQp SRVORXSQRVWt SĜLUR]HQêFK
þtVHO
VWDWLF
VWDWLF
VWDWLF
VWDWLF
`
Y\StãH
Ŷ MDNêNROLY SĜtVWXS GR RVWDQtFK SROt SURYiGtPH SĜHV SROH LQGH[Ĥ ± YQRĜHQp LQGH[RYiQt
.DUHO YD]L >NJ@ PHUL >FP@ %0, 3DYHO YD]L >NJ@ PHUL >FP@ %0, +DQD YD]L >NJ@ PHUL >FP@ %0, .DUHO YD]L >NJ@ PHUL >FP@ %0, 'DQD YD]L >NJ@ PHUL >FP@ %0, 6\VWHPRXWSULQWOQMPHQD>SRUDGL>FLVOR@@
Ŷ SĜL ĜD]HQt SDN YãHFKQD SROH ]ĤVWiYDMt Y SĤYRGQtP SRĜDGt D PČQt VH MHQ SROH LQGH[Ĥ
Ŷ WHQWR ]SĤVRE Pi PQRåVWYt QHYêKRG
Ɣ QHMYiåQČMãt MH REWtåQi V\QFKURQL]DFH WĜHFK QH]iYLVOêFK SROt
Ƈ SRNXG MHGQRX SRUXãtPH V\QFKURQL]DFL QLNG\ Xå ML QHMVPH VFKRSQL ]UHNRQVWUXRYDW
Ƈ MDNiNROLY ]PČQD SĜLGiQt XEUiQt þL SĜHPtVWČQt RVRE\ PXVt EêW SHþOLYČ SURYHGHQD YH YãHFK WĜHFK
SROtFK
± SUDJPDWLFN\
SĜLGDW RVREX GR SROt QHO]H SURWRåH SROH PDMt NRQVWDQWQt YHOLNRVW D MVRX ]FHOD ]DSOQČQ\
XEUDW RVREX E\ ]QDPHQDOR MHMt SĜHPtVWČQt QD NRQHF SROt D Y\QXORYiQt YãHFK KRGQRW D QHSRXåt
YiQt FHOpKR UR]VDKX SROH
SUDNWLFN\ UHDOL]RYDWHOQp MH WHG\ MHQ ]PČQD SRĜDGt WM SĜHPtVWČQt
SXEOLF VWDWLF YRLG VHUDG3RGOH9DK\ ^
SRX]LW 6HOHFW6RUW
IRU LQW L
L YDK\OHQJWK L ^
LQW L0LQ
L
IRU LQW M
L M YDK\OHQJWK M ^
LI YDK\>SRUDGL>M@@ YDK\>SRUDGL>L0LQ@@ ^
L0LQ
M
`
`
LI L L0LQ ^
LQW SRP
SRUDGL>L0LQ@
SRUDGL>L0LQ@
SRUDGL>L@
SRUDGL>L@
SRP
`
`
`
SXEOLF VWDWLF LQW Y\SRFWL%0,LQW FLVOR ^
GRXEOH Y\VND0HWU\
Y\VN\>SRUDGL>FLVOR@@ GRXEOH EPL
YDK\>SRUDGL>FLVOR@@ Y\VND0HWU\ Y\VND0HWU\
`
Ƈ W\SLFNê SĜtNODG SRåDGDYNX QD ]PČQX SRĜDGt MH ĜD]HQt
Ƈ EXGHPHOL XYDåRYDW QDSĜ ĜD]HQt SRGOH YiK\ SDN
± SĜL SURKR]HQt GYRX SUYNĤ Y SROL YiK\ PXVtPH ]DMLVWLW SURKR]HQt WêFKå SUYNĤ L Y SROL MPpQD D Y
SROL YêãN\
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 6WULQJ>@ MPHQD
GRXEOH>@ YDK\
^ `
LQW>@ Y\VN\
^ `
LQW>@ SRUDGL
^ `
SXEOLF VWDWLF YRLG Y\SLV2VREXLQW FLVOR ^
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 6\VWHPRXWSULQWOQMPHQD>SRUDGL>FLVOR@@
YD]L YDK\>SRUDGL>FLVOR@@ >NJ@
PHUL Y\VN\>SRUDGL>FLVOR@@ >FP@
%0, Y\SRFWL%0,FLVOR
3R]QiPND
6WDWLFNp Y\WYiĜHQt RSDN G\QDPLFNpKR ]QiPH MLå GORXKR QDSĜ LQW L
`
Ƈ GDWRYp REMHNW\ VH QD]êYDMt REMHNW\ REMHFWV QHER LQVWDQFH LQVWDQFH
VHUDG3RGOH9DK\
IRU LQW L
L MPHQDOHQJWK L ^
Y\SLV2VREXL
`
Ƈ SĜLVWXSXMH VH N QLP SRPRFt UHIHUHQþQt SURPČQQp SRGREQČ MDNR Y SROtFK
Ɣ WĜtG EêYi Y MHGQRP SURJUDPX YtFH D NDåGi WĜtGD QHPXVt REVDKRYDW PHWRGX PDLQ
Ƈ W\SLFN\ PDLQ REVDKXMH SRX]H MHGQD WĜtGD Y SURJUDPX ± RUJDQL]DþQt SRGUREQRVWL YL] GiOH
3R]QiPND
6\VWHPRXWSULQWOQ3RUDGL Y SROLFK
6\VWHPRXWSULQWOQ$UUD\VWR6WULQJMPHQD
6\VWHPRXWSULQWOQ$UUD\VWR6WULQJYDK\
6\VWHPRXWSULQWOQ$UUD\VWR6WULQJY\VN\
'iOH EXGH SRXåtYiQ SRMHP ÄGDWRYi WĜtGD³ FRå R]QDþXMH WĜtGX VORXåtFt SĜHGHYãtP N XFKRYiQt GDW D
PDQLSXODFL V QLPL 2SDNHP EXGH ÄĜtGLFt WĜtGD³ Wpå ÄKODYQt WĜtGD³ QHER ÄWĜtGD DSOLNDþQt ORJLN\³ NWHUi
EXGH UHDOL]RYDW YODVWQt YêSRþHW ± WD Pi Y VREČ W\SLFN\ PHWRGX PDLQ 7\WR SRMP\ MVRX þiVWHþQČ
SĜHY]DW\ ] WĜtYUVWYp DUFKLWHNWXU\
`
Y\StãH
9\WYRĜHQt GDWRYp WĜtG\
+DQD YD]L >NJ@ PHUL >FP@ %0, 'DQD YD]L >NJ@ PHUL >FP@ %0, .DUHO YD]L >NJ@ PHUL >FP@ %0, 3DYHO YD]L >NJ@ PHUL >FP@ %0, 3RUDGL Y SROLFK
>3DYHO +DQD .DUHO 'DQD@
> @
> @
9êVWUDKD
9 GDWRYp WĜtGČ WpPČĜ QLNG\ QHSRXåtYiPH SĜHG GHNODUDFt GDW D PHWRG R]QDþHQt VWDWLF ± SRGURE
QRVWL YL] GiOH
'DWD DWULEXW\
Ŷ GDWD GHNODURYDQi YH WĜtGČ PRKRX EêW UĤ]QêFK W\SĤ
3R]QiPND
Ɣ SULPLWLYQtFK GDWRYêFK W\SĤ ± ]GH LQW D GRXEOH
, SĜHV WHQWR XåLWHþQê WULN MH SRXåLWê ]SĤVRE WĜt QH]iYLVOêFK SROt NUDMQČ QHãĢDVWQê D QHEXGHPH MHM
SRXåtYDW
Ɣ UHIHUHQþQtFK SURPČQQêFK ± ]GH 6WULQJ
Ŷ GDOãt SRXåtYDQp Qi]Y\ SUR GDWD MVRX SRORåN\ ILHOGV VORåN\ LQVWDQþQt SURPČQQp DWULEXW\ DWULEXWHV
7ĜtGD MDNR QRYê GDWRYê W\S
Ŷ Y SĜHGFKR]tP SĜtSDGČ E\FKRP SRWĜHERYDOL PtW GDWD R MHGQp RVREČ SRKURPDGČ Y MHGQRP ]i]QDPX UHFRUG
Ŷ UĤ]Qp SURJUDPRYDFt MD]\N\ SUR WXWR DNFL GiYDMt N GLVSR]LFL MD]\NRYp NRQVWUXNFH ± QDSĜ 3DVFDO UHFRUG
MD]\N & VWUXFW DSRG
Ŷ GHNODUXMt VH YQČ PHWRG
Ɣ MVRX WR QHORNiOQt SURPČQQp
Ɣ PHWRG\ N QLP PDMt SĜtPê SĜtVWXS EH] QXWQRVWL SRXåtYDW MH YH IRUPiOQtFK SDUDPHWUHFK
Ŷ GDWD SĜHGVWDYXMt VWDY REMHNWX
Ŷ -DYD MDNR REMHNWRYČ RULHQWRYDQê MD]\N MGH NRQFHSþQČ GiOH ± N GLVSR]LFL MH WĜtGD FODVV
Ɣ QDSĜ VWDY REMHNWX MH +DQD Ɣ WD Pi YtFH PRåQRVWt QHå SRXKê GDWRYê ]i]QDP XPRåĖXMH GHNODURYDW
Ƈ GDWD
0HWRG\
Ƈ PHWRG\ SUDFXMtFt QDG WČPLWR GDW\
Ŷ StãHPH MH GOH EČåQêFK NRQYHQFt
Ɣ WĜtGD MH ãDEORQD WHPSODWH SRPRFt Qtå VH Y\WYiĜHMt GDWRYp REMHNW\ W\SX WpWR WĜtG\
Ŷ QD]êYiPH MH LQVWDQþQtPL PHWRGDPL
Ƈ Y\WYiĜHMt VH ]iVDGQČ G\QDPLFN\ SRPRFt RSHUiWRUX QHZ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ QDUR]GtO RG VWDWLFNêFK PHWRG SĜHG NWHUêPL MH SRXåLWR NOtþRYp VORYR VWDWLF
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ PHWRG\ SĜHGVWDYXMt VFKRSQRVWL REMHNWX
Ɣ IRUPiOQt SDUDPHWU\ NRQVWUXNWRUX VH þDVWR MPHQXMt VWHMQČ MDNR DWULEXW\
Ɣ QDSĜ XPt Y\SRþtVW %0, XPt ]MLVWLW YêãNX Ƈ VWHMQp MPpQR IRUPiOQtKR SDUDPHWUX SĜHNUêYi MPpQR QHORNiOQt SURPČQQp
Ƈ ĜHãHQt ± WKLVMPHQR$WULEXWX ± RGND]XMH YåG\ QD DWULEXW EH] RKOHGX QD MPpQR IRUPiOQt SURPČQQp
=DSRX]GĜHQt D DXWRUL]RYDQê SĜtVWXS N GDWĤP
0HWRGD WR6WULQJ
Ŷ GDWD PRKRX EêW SĜtPR SĜtVWXSQi ] YQČMãNX REMHNWX
Ɣ WHQWR SRVWXS ]iVDGQČ QHSRXåtYiPH
Ŷ NDåGi GDWRYi WĜtGD E\ PČOD PtW WXWR VSHFLiOQt PHWRGX SRGUREQRVWL SR]GČML
Ɣ SRXåtYiPH ]DSRX]GĜHQt HQFDSVXODWLRQ GDW WM MHMLFK VNU\Wt SĜHG YQČMãtPL YOLY\ SRPRFt NOtþRYpKR
VORYD SULYDWH MH WR SĜtVWXSRYp SUiYR
Ŷ MHMt KODYLþND PXVt EêW
SXEOLF 6WULQJ WR6WULQJ ^
Ŷ ] YQČMãNX SDN SĜLVWXSXMHPH N QHSĜtVWXSQêP GDWĤP DXWRUL]RYDQêP SĜtVWXSHP SRPRFt VSHFLiOQtFK
PHWRG
Ŷ PHWRGD YUDFt ĜHWČ]HF NWHUê FR QHMOpSH SRSLVXMH VWDY WĜtG\ WM QHMþDVWČML ]DKUQXMH KRGQRW\ DWULEXWĤ WĜtG\
Ɣ PĤåH YãDN ]DKUQRYDW L FRNROLY GDOãtKR FR WYĤUFH WĜtG\ X]Qi ]D YKRGQp
Ɣ YêKRGRX MH åH QLNGR QHPĤåH ] YQČMãNX QDVWDYLW GDWD REMHNWX FK\EQČ QDSĜ ]iSRUQRX YiKX
Ƈ ]GH QDSĜ KRGQRWX %0,
Ɣ QHYêKRGRX MH åH VH ]Y\ãXMH DGPLQLVWUDWLYD
Ŷ SUR VSHFLiOQt PHWRG\ NWHUp SRX]H þWRX QHER QDVWDYXMt KRGQRW\ GDW VH SRXåtYi Qi]HY JHWU\ D VHWU\
Ŷ PHWRGD QLF QHY\SLVXMH
Ɣ W\SLFNRX FK\ERX MH SRXåLWt 6\VWHPRXWSULQWOQ Y WpWR PHWRGČ
Ɣ ] DQJOLþWLQ\ JHW ± ]tVNDW D VHW ± QDVWDYLW
Ŷ YêKRGRX WpWR PHWRG\ MH åH VH SĜL SRXåLWt WĜtG\ QHPXVtPH QLMDN VWDUDW R VSUiYQê YêSLV VWDYX ± SRX]H
VWDþt Y\SVDW KRGQRWX YUDFHQRX PHWRGRX WR6WULQJ
Ɣ Y SĜtNODGČ SRXåLMHPH SRX]H MHGQX QDVWDYRYDFt PHWRGX ± VHW9DKD
Ƈ WR RGSRYtGi EČåQp UHDOLWČ NG\ ]PČQLW MPpQR D YêãNX QDUR]GtO RG YiK\ MH YHOPL REWtåQi ]iOHåLWRVW
YH WĜtGČ 2VRED SURWR QHPRåQi
Ŷ SĜtVWXSRYp SUiYR PHWRG MH SXEOLF ± FKFHPH DE\ VH LQVWDQFH WĜtG\ GDOD ]YQČMãNX SURVWĜHGQLFWYtP PHWRG
SRXåtYDW D RYOiGDW
Ɣ Y ĜtGNêFK SĜtSDGHFK PĤåH EêW SRPRFQi PHWRGD R]QDþHQi MDNR SULYDWH ± QHFKOXEtPH VH V Qt QDYHQHN
3ĜtNODG WĜtG\
Ŷ Y\WYRĜtPH WĜtGX 2VRED
Ɣ V DWULEXW\ MPHQR YDKD Y\VND
Ɣ V NRQVWUXNWRUHP 2VRED
.RQVWUXNWRU
Ɣ V PHWRGDPL JHW-PHQR JHW9DKD VHW9DKD JHW9\VND D Y\SRFWL%0,
Ŷ SURWRåH LQVWDQFH WĜtG\ Y]QLNi G\QDPLFN\ SRPRFt RSHUiWRUX QHZ MH YKRGQp XPRåQLW SRþiWHþQt QDVWDYHQt
VWDYX REMHNWX
Ŷ WR VH W\SLFN\ SURYiGt YH VSHFLiOQt PHWRGČ QD]êYDQp NRQVWUXNWRU FRQVWUXFWRU
Ŷ NRQVWUXNWRU VH RG RVWDWQtFK PHWRG OLãt WtP åH
Ɣ MHKR MPpQR VL QHPĤåHPH OLERYROQČ YROLW ± PXVt VH SĜHVQČ VKRGRYDW VH MPpQHP WĜtG\
FODVV 2VRED ^
DWULEXW\
SULYDWH 6WULQJ MPHQR
SULYDWH GRXEOH YDKD
SULYDWH LQW Y\VND
NRQVWUXNWRU
SXEOLF 2VRED6WULQJ MPHQR GRXEOH YDKD LQW Y\VND ^
WKLVMPHQR
MPHQR
VHW9DKDYDKD
WKLVY\VND
Y\VND
`
Ɣ QHPi QiYUDWRYRX KRGQRWX DQL YRLG
Ɣ QHVPt EêW YROiQD UHNXU]LYQČ
Ɣ MH WR PHWRGD NWHUi VH VSXVWt DXWRPDWLFN\ SURVWĜHGQLFWYtP RSHUiWRUX QHZ ± YL] GiOH
JHWU\ D VHWU\
SXEOLF 6WULQJ JHW-PHQR ^
UHWXUQ MPHQR
`
Ŷ MLQDN Y\SDGi MDNR EČåQi PHWRGD
Ŷ SRXåLWt NOtþRYpKR VORYD WKLV
Ɣ QHQt WR MHQ YêVDGD NRQVWUXNWRUX DOH Y NRQVWUXNWRUX VH W\SLFN\ Y\VN\WXMH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW SXEOLF GRXEOH JHW9DKD ^
UHWXUQ YDKD
`
Ɣ DWULEXW\ MVRX WDN SĜtPR SĜtVWXSQp ] YQČMãNX LQVWDQFH
Ŷ WHQWR ]SĤVRE ãHWĜt SUiFL MHQ ]GiQOLYČ
Ɣ NyG NWHUê VH XãHWĜt SĜL Y\WYiĜHQt WĜtG\ VH EXGH WRWLå PXVHW PQRKRNUiW RSDNRYDQČ QDSVDW SĜL NDåGpP
SRXåLWt WĜtG\
SXEOLF YRLG VHW9DKDGRXEOH YDKD ^
LI YDKD ! ^
WKLVYDKD
YDKD
`
`
Ɣ QDYtF WDWR WĜtGD EXGH PQRKHP QiFK\OQČMãt N SĜtSDGQêP FK\EiP
Ŷ VWHMQêP QHVP\VOHP MVRX L SRVWXSQp NRPSURPLV\ W\SX ÄDå WR EXGX SRWĜHERYDW WDN WDP GRGiP DOHVSRĖ
NRQVWUXNWRU³
SXEOLF LQW JHW9\VND ^
UHWXUQ Y\VND
`
Ɣ WDWR VQDKD NRQþt WtP åH SRVWXSQČ GR WĜtG\ GRGiWH YãH QHER YČWãLQX ] WRKR FR MH YH WĜtGČ SĤYRGQt
DOH EXGH YiV WR VWiW VSRXVWX þDVX D ]OREHQt
RVWDWQL PHWRG\
SXEOLF LQW Y\SRFWL%0, ^
GRXEOH Y\VND0HWU\
Y\VND GRXEOH EPL
YDKD Y\VND0HWU\ Y\VND0HWU\
`
Ɣ QDSLãWH GDWRYRX WĜtGX SRĜiGQČ KQHG
Ŷ =iYČU 7HQWR ]SĤVRE ]iSLVX ]iVDGQČ QHSRXåtYDW .RQVWUXNFH WĜtG\ MH ]iNODGQt VWDYHEQt NiPHQ EXGRX
FtKR SURJUDPX 3RNXG EXGRX PtVWR Ä]iNODGQtFK NDPHQĤ³ SRXåLW\ QD PQRKD UĤ]QêFK PtVWHFK SRGLYQp
ÄVOHSHQFH ] QHSiOHQp KOtQ\³ QHO]H VH SDN GLYLW åH VH SURJUDP ]KURXWt
3RXåLWt GDWRYp WĜtG\
UHWXUQ ?Q MPHQR
YDKD YDKD
Y\VND Y\VND
%0, Y\SRFWL%0,
!
`
.GH VH GDWRYi WĜtGD I\]LFN\ Y\VN\WXMH
Ŷ ]GURMRYê NyG WĜtG\ 2VRED PĤåH EêW XORåHQ YH VWHMQpP VRXERUX MDNR NyG KODYQt WĜtG\ NWHUi EXGH WĜtGX
2VRED SRXåtYDW ]GH 2VRE\2EMHNW\=DNODG
Ɣ Y WRPWR SĜtSDGČ QHVPt EêW SĜHG NOtþRYêP VORYHP FODVV PRGLILNiWRU SXEOLF
`
SRNXG MH NRPSLOiWRU Y\StãH FK\ERYRX ]SUiYX
3R]QiPND
FODVV 2VRED LV SXEOLF VKRXOG EH GHFODUHG LQ D ILOH QDPHG 2VREDMDYD
=QDN\ ?Q D D ! QHPDMt ] KOHGLVND SULQFLSX SRXåLWt PHWRG\ WR6WULQJ åiGQê Yê]QDP -HMLFK
Yê]QDP EXGH XNi]iQ SR]GČML
Ɣ SUR MHGQRGXFKp ãNROQt SĜtSDG\ MH WDNRYê SRVWXS SĜtSXVWQê V RGĤYRGQČQtP åH YãH MH SĜHKOHGQČ Y MHGQRP
VRXERUX
2GVWUDãXMtFt SĜtNODG GDWRYp WĜtG\
Ɣ SĜHNODG VH SURYHGH SĜtND]HP
Ŷ SĜHGFKR]t SĜtNODG WĜtG\ Pi MHGQX QHYêKRGX D WRX MH YHONi DGPLQLVWUDWLYD ÄXåYDQČQRVW³
MDYDF 2VRE\2EMHNW\=DNODGMDYD
Ɣ ]DþiWHþQtN SURWR UiG YČĜt ÄGREUp UDGČ³ Ä]NXãHQČMãtKR³ NROHJ\ W\SX Ä3URþ WR GČOiã WDN VORåLWČ NG\å WR
MGH PQRKHP MHGQRGXãHML³
Ŷ QiVOHGXMtFt WĜtGD EXGH YtFHPpQČ VWHMQČ SRXåLWHOQi DOHVSRĖ FR VH WêþH REMHPX GDW MDNR PQRKHP UR]
ViKOHMãt WĜtGD SĜHGFKR]t
FODVV 2VRED6SRULYD ^
6WULQJ MPHQR
GRXEOH YDKD
LQW Y\VND
`
Ɣ VSXãWČQt VH SURYHGH SĜtND]HP
MDYD 2VRE\2EMHNW\=DNODG
Ŷ SUDNWLFN\ YH YČWãtFK SURJUDPHFK SODWt QiVOHGXMtFt SUDYLGOD
Ɣ YãHFKQ\ ]GURMRYp NyG\ MHGQRKR SURJUDPX MVRX Y VDPRVWDWQpP DGUHViĜL VRXþiVWt MHGQRKR SURMHNWX
Ɣ Y QČP VH ]iVDGQČ QHY\VN\WXMt MDNpNROLY VRXERU\ NWHUp N SURJUDPX QHSDWĜt
Ɣ NDåGi WĜtGD MH GHNODURYiQD V NOtþRYêP VORYHP SXEOLF D WXGtå MH Y VDPRVWDWQpP VRXERUX V SĜtSRQRX
MDYD
Ŷ WĜtGD QHPi åiGQp PHWRG\ D DWULEXW\ QHPDMt VSHFLILNRYiQ\ SĜtVWXSRYi SUiYD QHMVRX SULYDWH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW QHER &WUO ) YH 6FL7(
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ SĜHNODG YãHFK WĜtG QDMHGQRX VH SURYHGH SĜtND]HP
9êVWUDKD
MDYDF MDYD
7\SLFNi FK\ED MH åH ]DSRPHQHPH SRVODW ]SUiYX NRQNUpWQtPX REMHNWX WHG\ YROiPH LQVWDQþQt
PHWRGX EH] XYHGHQt UHIHUHQþQt SURPČQQp QDSĜ
QHER ) YH 6FL7(
6\VWHPRXWSULQWOQJHW-PHQR PD %0, Y\SRFWL%0,
Ɣ VSXãWČQt VH SURYHGH SĜtND]HP
1D WR NRPSLOiWRU ]DUHDJXMH FK\ERYRX ]SUiYRX
MDYD 2VRE\2EMHNW\=DNODG
FDQQRW ILQG V\PERO
-DN VH SRXåtYi
Ƈ PĤåHPH PČQLW VWDY REMHNWX
Ŷ YH WĜtGČ NWHUi GDWRYRX WĜtGX SRXåtYi MH QXWQR Y\WYRĜLW
± SURWRåH MH YH WĜtGČ 2VRED GHNODURYiQD SRX]H MHGQD PHWRGD W\SX ÄVHWU³ ± VHW9DKD O]H REMHNWX
PČQLW MHQ YiKX
UHIHUHQþQt SURPČQQRX W\SX WpWR WĜtG\ QDSĜ
RVHW9DKD
2VRED R
Ƈ ÄNRX]HOQi YČF³ PHWRG\ WR6WULQJ MH åH SRNXG MH RG REMHNWX RþHNiYiQ ĜHWČ]HF QHPXVt VH YROiQt
PHWRG\ WR6WULQJ YĤEHF XYiGČW SURWRåH VL MHM NRPSLOiWRU GRSOQt ViP
LQVWDQFL WpWR WĜtG\ SRPRFt RSHUiWRUX QHZ VH VSUiYQČ QDVWDYHQêPL SDUDPHWU\ NRQVWUXNWRUX QDSĜ
R
QHZ 2VRED+DQD ± SURWR O]H EČåQČ SRXåtW YêSLV
3R]QiPND
6\VWHPRXWSULQWOQR
7\WR GYD SĜtND]\ VH EČåQČ VSRMXMt Y MHGHQ
2VRED R
FRå Y\StãH
QHZ 2VRED+DQD +DQD YDKD Y\VND %0, !
LQVWDQFH REMHNW WHG\ SĜHGVWDYXMH Y\KUD]HQp PtVWR Y SDPČWL NGH VH VSROHþQČ QDFKi]t YãHFKQ\ DWULEXW\
WRKRWR REMHNWX D PHWRG\ NWHUp V QLPL GRNiåt SUDFRYDW
Ƈ SRNXG VH SRNXVtPH ]PČQLW VWDY REMHNWX QHGRYROHQêP ]SĤVREHP REMHNW ]PČQX QHDNFHSWXMH
RVHW9DKD
Ŷ RG WpWR FKYtOH H[LVWXMH REMHNW WĜtG\ 2VRED Y SDPČWL D MH PRåQp V QtP SUDFRYDW
Ɣ ]iVDGQČ MHQ SRPRFt UHIHUHQþQt SURPČQQp R D WHþNRYp QRWDFH
6\VWHPRXWSULQWOQR
Ɣ SURWRåH MH WĜtGD 2VRED QDSVDQi VYČGRPLWČ NRPXQLNXMHPH V REMHNWHP ]DVtOiQtP ]SUiY
FRå Y\StãH
+DQD YDKD Y\VND %0, !
Ƈ WR SĜHGVWDYXMH YROiQt LQVWDQþQtFK PHWRG WĜtG\ WM SRYHO\ LQVWDQFL DE\ QČFR SURYHGOD
Ŷ FHOê NyG MH
Ƈ QHMMHGQRGXããt MH åiGRVW R YUiFHQt ĜHWČ]FH SRSLVXMtFtKR VWDY REMHNWX D MHKR RNDPåLWê YêSLV
SXEOLF FODVV 2VRE\2EMHNW\=DNODG ^
2VRED R
R
QHZ 2VRED+DQD 6\VWHPRXWSULQWOQRWR6WULQJ
6\VWHPRXWSULQWOQRJHW-PHQR PD %0, RY\SRFWL%0,
RVHW9DKD
6\VWHPRXWSULQWOQR
`
`
6\VWHPRXWSULQWOQRWR6WULQJ
FRå Y\StãH
Ƈ PĤåHPH YRODW L MHGQRWOLYp PHWRG\ QDSĜ
6\VWHPRXWSULQWOQRJHW-PHQR PD %0, RY\SRFWL%0,
FRå Y\StãH
+DQD PD %0, 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ MH ]ĜHMPp åH Y]iMHPQČ QH]iYLVOêFK RVRE WM LQVWDQFt WĜtG\ 2VRED PĤåHPH Y\WYRĜLW OLERYROQp PQRåVWYt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW UHWXUQ LQW 0DWKURXQGEPL
3RXåLWt GDWRYp WĜtG\ Y PHWRGiFK WĜtG\ KODYQt
`
Ŷ DQHE SULQFLS MDN SĜHGDW REMHNW GR PHWRG\
YROiQt
3R]QiPND
6\VWHPRXWSULQWOQRJHW-PHQR PD %0, Y\SRFWL%0,3R&DVWHFKRJHW9DKD RJHW9\VND
=GH EXGH XNi]iQ ]SĤVRE MDN SUDFRYDW V REMHNW\ Y PHWRGiFK %XGH XND]RYiQ QD NRQFHSþQČ
ãSDWQpP SĜtNODGX NG\ Y\QHFKiPH ]H WĜtG\ 2VRED YêSRþHW %0, þtPå Y]QLNQH GDWRYi WĜtGD 2VR
ED%H]%0, 8Ni]DQê SULQFLS SĜHGiYiQt REMHNWĤ GR PHWRG MH DOH XQLYHU]iOQČ SODWQê
Ƈ WHQWR ]SĤVRE QHSRXåtYiPH
Ŷ ĜHãtPH SĜtSDG NG\ PXVtPH %0, Y\SRþtWiYDW Ä]YQČMãNX³ WM YH WĜtGČ NWHUi GDWRYRX WĜtGX 2VRED%H]%0,
SRXåtYi
Ɣ GR PHWRG\ KODYQt WĜtG\ PĤåHPH GDWD SRWĜHEQi SUR YêSRþHW %0, SĜHGDW GYČPD ]SĤVRE\
GR PHWRG\ VH SĜHGiYi FHOê REMHNW MDNR MHGLQê IRUPiOQt SDUDPHWU NWHUêP MH UHIHUHQþQt SURPČQQi
QD REMHNW
Ƈ ]iSLV MH SULQFLSLiOQČ VWHMQê MDNR X SULPLWLYQtKR GDWRYpKR W\SX QHER SROH
Ɣ FHOi KODYQt WĜtGD Y\SDGi WDNWR
SXEOLF FODVV 2VRE\2EMHNW\)RUPDOQL3DUDPHWU ^
UR]XPQH SRX]LWL IRUPDOQLKR SDUDPHWUX
SXEOLF VWDWLF LQW Y\SRFWL%0,2VRED%H]%0, R ^
GRXEOH Y\VND0HWU\
RJHW9\VND GRXEOH EPL
RJHW9DKD Y\VND0HWU\ Y\VND0HWU\
UHWXUQ LQW 0DWKURXQGEPL
`
Ƈ SULQFLS IXQJRYiQt MH VWHMQê MDNR X SROH ± SĜHGiYi VH NRSLH UHIHUHQþQt SURPČQQp
QHUR]XPQH SRX]LWL IRUPDOQLFK SDUDPHWUX
SXEOLF VWDWLF LQW Y\SRFWL%0,3R&DVWHFKGRXEOH YDKD LQW Y\VND ^
GRXEOH Y\VND0HWU\
Y\VND GRXEOH EPL
`
Ƈ YêKRGQê ]SĤVRE ± MHGQRGXFKRVW
± IRUPiOQt SDUDPHWU MH SRX]H MHGHQ
± VQDGQp YROiQt V MHGQtP VNXWHþQêP SDUDPHWUHP
SXEOLF VWDWLF LQW Y\SRFWL%0,2VRED%H]%0, R ^
GRXEOH Y\VND0HWU\
RJHW9\VND GRXEOH EPL
RJHW9DKD Y\VND0HWU\ Y\VND0HWU\
`
2VRED%H]%0, R
R
QHZ 2VRED%H]%0,+DQD 6\VWHPRXWSULQWOQRWR6WULQJ
6\VWHPRXWSULQWOQRJHW-PHQR PD %0, Y\SRFWL%0,R
6\VWHPRXWSULQWOQRJHW-PHQR PD %0, Y\SRFWL%0,3R&DVWHFKRJHW9DKD RJHW9\VND
`
YROiQt
6\VWHPRXWSULQWOQRJHW-PHQR PD %0, Y\SRFWL%0,R
`
Ƈ WRPXWR ]SĤVREX GiYiPH ]iVDGQČ SĜHGQRVW ± REMHNW MH XFHOHQê ]i]QDP VH NWHUêP SUDFXMHPH
YåG\ QDMHGQRX MDNR V FHONHP
GR PHWRG\ VH SĜHGiYDMt MHGQRWOLYp DWULEXW\ MDNR VH]QDP IRUPiOQtFK SDUDPHWUĤ SULPLWLYQtFK GDWRYêFK
W\SĤ
Ƈ QHYêKRGQê ]SĤVRE ± VORåLWRVW
D Y\StãH
+DQD YDKD Y\VND !
+DQD PD %0, +DQD PD %0, 3RXåLWt GDWRYp WĜtG\ Y SROL
± YtFH IRUPiOQtFK SDUDPHWUĤ
± QHSĜHKOHGQp GORXKp Y\SOĖRYiQt VNXWHþQêFK SDUDPHWUĤ
9\WYRĜHQt SROH REMHNWĤ
SXEOLF VWDWLF LQW Y\SRFWL%0,3R&DVWHFKGRXEOH YDKD LQW Y\VND ^
GRXEOH Y\VND0HWU\
Y\VND GRXEOH EPL
Ŷ SRXåLWt LQVWDQFt Y SROL MH SĜtPRþDUp
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ RSURWL SROtP SULPLWLYQtFK GDWRYêFK W\SĤ MH YãDN SĜL Y\WYiĜHQt SROH QXWQp SURYpVW MHGHQ NURN QDYtF
6\VWHPRXWSULQWOQ$UUD\VWR6WULQJRVRE\
SĜLSUDYLW UHIHUHQþQt SURPČQQRX W\SX SROH W\SX 2VRED QDSĜ
2VRED>@ RVRE\
Y\StãH
Y\WYRĜLW DORNRYDW SROH UHIHUHQþQtFK SURPČQQêFK QD REMHNW\ W\SX 2VRED
RVRE\
QHZ 2VRED>32&(7B262%@
Y\WYRĜLW SRPRFt QHZ D YROiQt NRQVWUXNWRUX MHGQRWOLYp LQVWDQFH WĜtG\ 2VRED D SĜLĜDGLW MH GR SĜtVWXãQêFK
SUYNĤ SROH WM UHIHUHQþQtFK SURPČQQêFK ± WRWR VH W\SLFN\ SURYiGt Y F\NOX
IRU LQW L
RVRE\>L@
`
L RVRE\OHQJWK L ^
QHZ 2VREDMPHQD>L@ YDK\>L@ Y\VN\>L@
9 PHQ]H GREUH YDUL YVLFKQL ]WORXVWOL R NJ
>
3DYHO YDKD Y\VND %0, !
.DUHO YDKD Y\VND %0, !
'DQD YDKD Y\VND %0, !@
6HĜD]HQt SROH REMHNWĤ
3R]QiPND
Ŷ SĜL ĜD]HQt SĜHKD]XMHPH SRX]H UHIHUHQþQt SURPČQQp Y SROL RVRE
7HQWR WĜHWt NURN QHE\O Y SĜtSDGČ SROH ] SULPLWLYQtFK GDWRYêFK SUYNĤ ]DSRWĜHEt D SURWR VH QD QČM
þDVWR ]DSRPtQi .RPSLOiWRU YãDN QH]DSRPHQH Ɣ YêPČQD MH U\FKOi ± QHMHGQi VH R YêPČQX REMHNWĤ DOH UHIHUHQFt QD QČ
Ƈ MH WR VWHMQê SULQFLS MDNR E\OR ĜD]HQt SRPRFt YORåHQêFK LQGH[Ĥ RYãHP QD PQRKHP NRPIRUWQČMãt
~URYQL
Ŷ PiPHOL SROH VSUiYQČ Y\WYRĜHQR MH PRåQp MHM LKQHG Y\SVDW
Ɣ MH ]ĜHMPp åH ĜD]HQt QHEXGH QLMDN QDUXãRYDW YQLWĜHN REMHNWĤ RVRE
FRå Y\StãH
Ŷ SROH RVRE QDGHNODUXMHPH MDNR QHORNiOQt V PRGLILNiWRUHP VWDWLF ± YL] SR]GČML
>
3DYHO YDKD Y\VND %0, !
'DQD YDKD Y\VND %0, !@
Ɣ WtP EXGH WRWR SROH YLGLWHOQp YH YãHFK PHWRGiFK ± SRXåLWR SUR ]MHGQRGXãHQt NyGX
Ɣ YODVWQt Y\WYRĜHQt D QDSOQČQt SROH VH SURYHGH Y PHWRGČ Y\WYRU3ROH2VRE
VWDWLF
VWDWLF
VWDWLF
VWDWLF
VWDWLF
3R]QiPND
=GH MH YLGČW GĤYRG SRXåLWt ]QDNĤ ?Q D D ! Y PHWRGČ WR6WULQJ =QDN\ ! X]DYtUDMt LQIRU
PDFH R MHGQp RVREČ D ]QDN ?Q ]SĤVREt RGĜiGNRYiQt
Ŷ MHGQRWOLYêP REMHNWĤP RVREiP XORåHQêP Y SROL O]H ]DVtODW ]SUiY\ WM SRåDGDYN\ FR PDMt GČODW QDSĜ
6\VWHPRXWSULQWOQ-HGQRWOLYH RVRE\ VH MPHQXML
IRU LQW L
L RVRE\OHQJWK L ^
6\VWHPRXWSULQWRVRE\>L@JHW-PHQR `
Y\StãH
ILQDO LQW 32&(7B262%
6WULQJ>@ MPHQD
GRXEOH>@ YDK\
^ `
LQW>@ Y\VN\
^ `
2VRED>@ RVRE\
SXEOLF VWDWLF YRLG Y\WYRU3ROH2VRE ^
RVRE\
QHZ 2VRED>32&(7B262%@
IRU LQW L
L RVRE\OHQJWK L ^
RVRE\>L@
QHZ 2VREDMPHQD>L@ YDK\>L@ Y\VN\>L@
`
`
Ŷ ĜD]HQt SUREČKQH MDNR Y SĜHGFKR]tFK SĜtSDGHFK SRPRFt DOJRULWPX 6HOHFW6RUW
-HGQRWOLYH RVRE\ VH MPHQXML
3DYHO +DQD .DUHO 'DQD
Ɣ SĜL SRURYQiYiQt MH WĜHED RG MHGQRWOLYêFK RVRE ]tVNDW MHMLFK YiKX SRPRFt JHW9DKD
3R]QiPND
Ŷ ]DVtODQp ]SUiY\ PRKRX SĜHGVWDYRYDW L SRåDGDYHN QD ]PČQX VWDYX QDSĜ
=GH WHSUYH QDEêYi QD Yê]QDPX WHUPtQ NOtþ .OtþHP MH ]GH KRGQRWD YiK\
6\VWHPRXWSULQWOQ9 PHQ]H GREUH YDUL YVLFKQL ]WORXVWOL R NJ
IRU LQW L
L RVRE\OHQJWK L ^
RVRE\>L@VHW9DKDRVRE\>L@JHW9DKD 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ SĜL SURKD]RYiQt SUYNĤ SROH MH WĜHED PtW SRPRFQRX SURPČQQRX W\SX 2VRED
3ĜHGQiãN\ .,933$ 3DYHO +HURXW SXEOLF VWDWLF YRLG VHUDG3RGOH9DK\ ^
IRU LQW L
L RVRE\OHQJWK L ^
LQW L0LQ
L
IRU LQW M
L M RVRE\OHQJWK M ^
LI RVRE\>M@JHW9DKD RVRE\>L0LQ@JHW9DKD ^
L0LQ
M
`
`
LI L L0LQ ^
2VRED SRP
RVRE\>L0LQ@
RVRE\>L0LQ@
RVRE\>L@
RVRE\>L@
SRP
`
`
`
Ƈ QDYtF SODWt åH SĜL VHWNiQt ĜHWČ]FH MDNR SUYQtKR RSHUDQGX D MLQpKR GDWRYpKR W\SX MDNR GUXKpKR
RSHUDQGX VH GUXKê DXWRPDWLFN\ SĜHYHGH QD ĜHWČ]HF
6WULQJ V
$KRM $KRM
Ɣ MHGQRX Y\WYRĜHQê ĜHWČ]HF MH NRQVWDQWQt ± QHO]H MHM PČQLW
Ƈ EČåQČ VH WR ĜHãt WtP åH Y\WYRĜtPH MLQê ĜHWČ]HF ± WRWR RPH]HQt QiV YH VNXWHþQRVWL PRF QHRPH]XMH
3R]QiPND
([LVWXMH PČQLWHOQê ĜHWČ]HF 6WULQJ%XIIHU ± SRGUREQRVWL YL] Y OLWHUDWXĜH
Ƈ L NG\å WR Y\SDGi åH VH ĜHWČ]HF PČQt YH VNXWHþQRVWL VH MHGQi R YtFH UĤ]QêFK ĜHWČ]FĤ QD NWHUp
XND]XMH MHGQD UHIHUHQþQt SURPČQQi
6WULQJ V
$KRM
V
V MDN
V VH PDV" $KRM MDN VH PDV"
Ŷ PHWRGD PDLQ MHQ YROi SĜHGFKR]t PHWRG\
Y\WYRU3ROH2VRE
VHUDG3RGOH9DK\
`
.QLKRYQt PHWRG\ SUR SUiFL V ĜHWČ]FL
Ŷ H[LVWXMH DVL PHWRG PQRKp MVRX SĜHWtåHQp
Ɣ VWDþt ]QiW MHQ QČNROLN ] QLFK RVWDWQt Y OLWHUDWXĜH QHER Y GRNXPHQWDFL
Ŷ YêVOHGHN MH
Ŷ SURWRåH ĜHWČ]HF MH REMHNW YRODMt VH MHKR LQVWDQþQt PHWRG\ MDNR
>
'DQD YDKD Y\VND %0, !
3DYHO YDKD Y\VND %0, !@
VMPHQR0HWRG\VNXWHFQH3DUDPHWU\
QLNROLY MDNR
6WULQJMPHQR0HWRG\V VNXWHFQH3DUDPHWU\
QHER MDNR
6WULQJ MDNR SĜtNODG NQLKRYQt WĜtG\
MPHQR0HWRG\V VNXWHFQH3DUDPHWU\
Ŷ MHGQD ] QHMSRXåtYDQČMãtFK WĜtG ] NQLKRYHQ -DY\ ± ĜHWČ]FH VH SRXåtYDMt SUDNWLFN\ YãXGH
3UiFH V MHGQRWOLYêPL ]QDN\ ĜHWČ]FH
Ŷ ]YOiãWQRVWL 6WULQJ
Ŷ 6WULQJ MH VSHFLiOQt SROH ]QDNĤ W\S FKDU
Ɣ LQLFLDOL]RYDQê REMHNW ĜHWČ]FH PĤåH Y]QLNQRXW L EH] SRXåLWt QHZ
Ɣ Y SĜtNODGHFK EXGH SRXåtYiQ ĜHWČ]HF 6WULQJ V
6WULQJ V
DEFGD[\
$KRM
Ŷ GpOND ĜHWČ]FH ± 3R]RU MH WR PHWRGD WM VH ]iYRUNDPL QLNROL NRQVWDQWD MDNR X SROt
QHSRXåtYDW 6WULQJ V
QHZ 6WULQJ$KRM
LQW L
VOHQJWK L
Ɣ VSRMHQt GYRX ĜHWČ]FĤ MH PRåQp SRPRFt RSHUiWRUX Ŷ ]QDN QD SR]LFL
Ƈ WR MVPH MLå RG ]DþiWNĤ EČåQČ SRXåtYDOL Y 6\VWHPRXWSULQWOQ
6WULQJ V
$KRM
6WULQJ V
V OLGL $KRM OLGL
3ĜHGQiãN\ .,933$ 3DYHO +HURXW FKDU F
VFKDU$W F
E
Ŷ LQGH[ SUYQtKR YêVN\WX ]QDNX QHQtOL QDOH]HQ
LQW S
VLQGH[2I
D
S
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ LQGH[ SRVOHGQtKR YêVN\WX ]QDNX
LQW N
7HVW ]DþiWNX D NRQFH ĜHWČ]FH
VODVW,QGH[2I
D
N
6WULQJ V
REUMSJ
3RURYQiYiQt ĜHWČ]FĤ
ERROHDQ ]
VVWDUWV:LWKREU WUXH
Ŷ MH SRWĜHED SRURYQiYDW REVDK\ QLNROL UHIHUHQþQt SURPČQQp
ERROHDQ N
VHQGV:LWKMSJ WUXH
Ɣ FK\EQp SRURYQiYiQt ± SRURYQiYDMt VH UHIHUHQþQt SURPČQQp
6WULQJ V
DEFG
6WULQJ VS
DE
6WULQJ V
VS FG
LI V V ^
6\VWHPRXWSULQWOQV `
2Ĝt]QXWt EtOêFK ]QDNĤ QD RNUDMtFK
Ŷ SURYiGtPH SĜL SUiFL V ĜHWČ]FHP QDþWHQêP ]H YVWXSX ± QD MHKR NRQFL MVRX ]QDN\ RGĜiGNRYiQt
Ŷ XEHUH YãHFKQ\ PH]HU\ WDEXOiWRU\ D NRQFH ĜiGHN QD NRQFL L QD ]DþiWNX ĜHWČ]FH
V
6WULQJ V V
V
DEFG ?U?Q?W DKRM?W ?U?Q
VWULP
DEFG
.RQYHU]H ĜHWČ]FH QD ]iNODGQt GDWRYp W\S\
Ŷ SRURYQiQt V YêVOHGNHP W\SX ERROHDQ ± WUXH
ERROHDQ E
QHURYQDMt VH
Ŷ QXWQp SRNXG SĜL YVWXSX QHSRXåtYiPH WĜtGX 6FDQQHU
VHTXDOVV
Ŷ SRURYQiQt V YêVOHGNHP LQW ± PHQãt
LQW L
URYQDMt VH IDOVH
Ŷ SĜHG SĜHYRGHP MH YKRGQp SRXåtW WULP
URYQDMt VH ]iSRUQp þtVOR
SUYQt MH PHQãt NODGQp þtVOR
GUXKê MH
6WULQJ V
V
VWULP
LQW L
,QWHJHUSDUVH,QWV
ORQJ O
/RQJSDUVH/RQJ
GRXEOH G
'RXEOHSDUVH'RXEOH(
VFRPSDUH7RV
Ŷ SRURYQiQt V YêVOHGNHP LQW EH] RKOHGX QD YHOLNRVW StVPHQ
LQW N
VFRPSDUH7R,JQRUH&DVH$%&'
1iKUDGD YãHFK ]QDNĤ Y ĜHWČ]FL
6WULQJ V V
Ŷ SRXåtYiPH PHWRGX SDUVH;\] ] SĜtVOXãQp REDORYDFt WĜtG\
3ĜtNODG SRXåLWt ĜHWČ]FH
FDFDR
Ŷ WRWR MH UHiOQê SĜtNODG ]H åLYRWD
V
VUHSODFH
F
N
Ŷ Y VRXERUX V GLJLWiOQt IRWRJUDILt PRKRX EêW QD ]DþiWNX ~GDMH YH IRUPiWX ([LI SRSLVXMtFt RNROQRVWL Y]QLNX
IRWRJUDILH
3UiFH V SRGĜHWČ]FL
Ŷ Y SĜtNODGHFK EXGH SRXåtYiQ ĜHWČ]HF 6WULQJ V
Ɣ NURPČ MLQpKR WDP O]H QDOp]W L þDV Y]QLNX IRWRJUDILH YH IRUPiWX KKPPVV UUUUPPGG QDSĜ
DEFGD[\
Ŷ Y\KOHGiYiQt ± LQGH[ SUYQtKR QDOH]HQpKR QHQtOL QDOH]HQ
LQW S
VLQGH[2IGD S
Ɣ ~NROHP EXGH SĜLSUDYLW ĜHWČ]HF SRPRFt QČKRå SR]GČML SĜHMPHQXMHPH VRXERU REY\NOH SRMPHQRYDQê
YHOPL QHYê]QDPRYČ QDSĜ 3,&7-3* QD BMSJ
Ŷ ]tVNiQt SRGĜHWČ]FH RG LQGH[X YþHWQČ GR NRQFH
6WULQJ YVH
6WULQJ FDV$'DWXP
LQW ]DF'DWXP
FDV$'DWXPLQGH[2I
6WULQJ FDV
FDV$'DWXPVXEVWULQJ ]DF'DWXP
6WULQJ GDWXP
FDV$'DWXPVXEVWULQJ]DF'DWXP 6WULQJ MPHQR
GDWXP B FDV
MPHQR
MPHQRUHSODFH
VVXEVWULQJ GD[\
Ŷ ]tVNiQt SRGĜHWČ]FH RG LQGH[X YþHWQČ GR LQGH[X EH]
6WULQJ RG'R
VVXEVWULQJ FGD
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW MPHQR MSJ
BMSJ
LI DUJVOHQJWK
^
]DGQ\ SDUDPHWU QHXYHGHQ Y\SLV QDSRYHG\
KHOS
`
3R]QiPND
9H VNXWHþQRVWL MH Y ([LI IRUPiW GDWXPX D þDVX UUUUPPGG KKPPVV FRå MH DOH PRF MHGQRGXFKp
SUR LOXVWUDþQt SĜtNODG GDOH SUHGSRNODGDPH ]H MVRX VSUDYQH ]DGDQ\ RED SDUDPHWU\
Y UHDOQHP SURJUDPX E\ VH PXVHO RWHVWRYDW MHMLFK SRFHW L MHMLFK W\S\
LQW SRFHW2SDNRYDQL
,QWHJHUSDUVH,QWDUJV>@
6WULQJ MPHQR
DUJV>@
=SUDFRYiQt SĜtND]RYp ĜiGN\
Ŷ YVWXSQt KRGQRW\ VH SURJUDPX GDMt SĜHGDW L SĜL MHKR VSXãWČQt QD W]Y ÄSĜtND]RYp ĜiGFH³
IRU LQW L
L SRFHW2SDNRYDQL L ^
6\VWHPRXWSULQWOQ L MPHQR
`
Ɣ MH WR PQRKHP EČåQČMãt ]SĤVRE QHå ]DGiYDW KRGQRW\ ] NOiYHVQLFH SR VSXãWČQt SURJUDPX
Ƈ WHQWR ]SĤVRE Y\XåtYiPH QHYČGRPN\ RG ]DþiWNX SURJUDPRYiQt QDSĜ
`
`
MDYDF 3UYQL3URJUDPMDYD
SR VSXãWČQt
NGH ĜHWČ]HF 3UYQL3URJUDPMDYD MH SDUDPHWU SĜtND]RYp ĜiGN\
Ŷ SUR SĜHþWHQt KRGQRW WČFKWR SDUDPHWUĤ XYQLWĜ QDãHKR SURJUDPX VORXåt GRVXG QHSRXåtYDQê IRUPiOQt
SDUDPHWU DUJV PHWRG\ PDLQ
3R]QiPND
MDYD 3ULND]RYD5DGND
Y\StãH
3RX]LWL
MDYD 3ULND]RYD5DGND SRFHW2SDNRYDQL MPHQR
6NXWHþQp SDUDPHWU\ QLNG\ QHQDVWDYXMHPH ± WR ]D QiV SURYHGH RSHUDþQt V\VWpP SR VSXãWČQt
SURJUDPX
SR VSXãWČQt
MDYD 3ULND]RYD5DGND 3DYHO
Ɣ DUJV SĜHGVWDYXMH SROH W\SX 6WULQJ NWHUp GRNiåHPH ]SUDFRYDW
Y\StãH
Ƈ Yê]QDP WČFKWR ĜHWČ]FĤ MH YHOPL UĤ]QRURGê D XUþXMH MHM SURJUDPiWRU DSOLNDFH
± NRQYHQFH VWDQRYt åH SRNXG Pi ĜHWČ]HF REVDK K QHER KHOS QHER " QHER K SURJUDP SRX]H
Y\StãH QiSRYČGX
3DYHO
3DYHO
3DYHO
QČNWHUp SURJUDP\ NWHUp Y\åDGXMt SDUDPHWU\ SĜtND]RYp ĜiGN\ Y\SLVXMt QiSRYČGX WDNp Y SĜtSDGČ
åH åiGQê SDUDPHWU QHQt XYHGHQ QDSĜ MDYDH[H
± MLQDN PDMt SDUDPHWU\ QHMþDVWČML Yê]QDP MPHQ VRXERUĤ D SĜHStQDþĤ þLQQRVWt YL] QDSĜ YêSLV SR
MDYDF KHOS
± MDNêNROLY MLQê VP\VOXSOQê Yê]QDP MH DOH DNFHSWRYDWHOQê ± Y NDåGpP SĜtSDGČ QHVPtPH ]DSRPH
QRXW åH VH YåG\ MHGQi R ĜHWČ]FH þtVOD MH QXWQp SĜHYpVW
Ŷ SURþ QČNGH VWDWLF MH D QČNGH QHQt
Ŷ WRWR NOtþRYp VORYR UR]GČOXMH DWULEXW\ D VWHMQČ WDN L PHWRG\ GR GYRX ]iNODGQtFK VNXSLQ
EH] VWDWLF ± LQVWDQþQt DWULEXW\ DQHER PHWRG\
Ƈ MHGQRWOLYp SDUDPHWU\ MVRX RG VHEH QD SĜtND]RYp ĜiGFH RGGČOHQ\ QHMþDVWČML PH]HURX
Ɣ Y]WDKXMt VH SRX]H D MHGLQČ NH NRQNUpWQt LQVWDQFL
Ŷ Y SĜtNODGX EXGH PtW SUYQt SDUDPHWU Yê]QDP SRþWX RSDNRYiQt D GUXKê SDUDPHWU Yê]QDP MPpQD
Ɣ GDOãt LQVWDQFH WpåH WĜtG\ QHPRKRX EêW QLMDN RYOLYQČQ\
SXEOLF FODVV 3ULND]RYD5DGND ^
SXEOLF VWDWLF YRLG KHOS ^
6\VWHPRXWSULQWOQ3RX]LWL
6\VWHPRXWSULQWOQ MDYD 3ULND]RYD5DGND SRFHW2SDNRYDQL MPHQR
6\VWHPH[LW
`
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 6WDWLFNp YHUVXV LQVWDQþQt
VH VWDWLF ± WĜtGQt DWULEXW\ DQHER PHWRG\
Ɣ Y]WDKXMt VH N FHOp WĜtGČ W]Q PRKRX EêW RYOLYQČQ\ YãHFKQ\ LQVWDQFH
Ɣ QHEH]SHþQi PRåQRVW ± SRXåtYDW V UR]YDKRX
3ĜHGQiãN\ .,933$ 3DYHO +HURXW VWDWLF LQW Y\VND
Ŷ SRFKRSHQt UR]GtOX MH Yê]QDPQê NURN N SRFKRSHQt NRQFHSWX REMHNWRYČ RULHQWRYDQpKR SURJUDPRYiQt
Ɣ EH] SRFKRSHQt UR]GtOX PĤåHPH SURJUDPRYDW EH] SUREOpPĤ QD ]iNODGQt ~URYQL
VWDWLF YRLG Y\SLV9DKX ^
6\VWHPRXWSULQWOQYDKD
`
3ĜtVWXS ± 1HFKiSX UR]GtO PH]L WĜtGQtPL D LQVWDQþQtPL
VWDWLF YRLG Y\SLV9\VNX ^
6\VWHPRXWSULQWOQY\VND
`
Ŷ QHQt WR åiGQê SUREOpP SUR W\ FR QHFKWČMt SURJUDPRYDW SURIHVLRQiOQČ
Ŷ SUR YFHONX ~VSČãQp SURJUDPRYiQt W\SX
Ɣ PDWHPDWLFNê YêSRþHW ± QDSĜ ĜHãHQt NYDGUDWLFNp URYQLFH YêSRþHW XUþLWpKR LQWHJUiOX Y\VND
YDKD
Y\VND
Y\SLV9DKX
Y\SLV9\VNX
`
Ɣ WUDQVIRUPDFH GDW ± QDSĜ SĜHþWHQt þtVHO ]H VRXERUX D MHMLFK ]YČWãHQt R '3+ D ]iSLV GR VRXERUX
Ɣ SUiFH V SROHP REMHNWĤ GDWRYêFK WĜtG ± QDSĜ SROH RVRE ] SĜHGFKR]tKR SĜtNODGX
MH PRåQp VH GUåHW YHOPL MHGQRGXFKêFK SUDYLGHO
YDKD
`
GDWRYi WĜtGD W\SX 2VRED MHMtå LQVWDQFH Y\WYRĜHQp SRPRFt QHZ VH EXGRX Y\VN\WRYDW QHMþDVWČML Y
SROtFK
Ƈ NOtþRYp VORYR VWDWLF ]iVDGQČ QHSRXåtYiPH DQL SĜHG DWULEXW\ DQL SĜHG PHWRGDPL
Ŷ MDN Y\SDGi SĜL SRUXãHQt SUDYLGHO
SXEOLF FODVV +ODYQL&K\ED ^
VWDWLF GRXEOH YDKD
LQW Y\VND
FK\ED
LQVWDQþQt PHWRG\ SUDFXMt V LQVWDQþQtPL DWULEXW\
KODYQt WĜtGD SURJUDPX YH NWHUp VH Y\VN\WXMH PHWRGD PDLQ
`
Ƈ NOtþRYp VORYR VWDWLF ]iVDGQČ SRXåtYiPH SĜHG DWULEXW\ L SĜHG PHWRGDPL
YDKD
WĜtGQt PHWRG\ SUDFXMt V WĜtGQtPL DWULEXW\
YRLG Y\SLV9\VNX ^
FK\ED
Y\VND
`
Ŷ SRUXãLW WDWR MHGQRGXFKi SUDYLGOD O]H
NG\å UR]XPtPH WRPX FR GČOiPH ± YL] GiOH
YDKD
Y\VND
Y\SLV9DKX
Y\SLV9\VNX
`
NG\å QiP QHYDGt åH VL ]SĤVREtPH SUREOpP\
W]Q SRUXãLW WDWR SUDYLGOD SUDNWLFN\ QHO]H Ŷ GiOH QiVOHGXMt XNi]N\ SUREOpPĤ SĜL SRUXãHQt SUDYLGHO
9êVWUDKD
`
9 QiVOHGXMtFtFK XNi]NiFK EXGRX Y\QHFKiQD SĜtVWXSRYi SUiYD SULYDWH X DWULEXWĤ D SXEOLF X
PHWRG DOH SRX]H ] WRKR GĤYRGX DE\ E\OR FR QHMYLGLWHOQČMãt SRXåLWt þL QHSRXåLWt VWDWLF
FK\ERYê YêSLV
+ODYQL&K\EDMDYD QRQVWDWLF YDULDEOH Y\VND FDQQRW EH UHIHUHQFHG
IURP D VWDWLF FRQWH[W
Y\VND
A
+ODYQL&K\EDMDYD QRQVWDWLF PHWKRG Y\SLV9\VNX FDQQRW EH UHIHUHQFHG
IURP D VWDWLF FRQWH[W
Y\SLV9\VNX
A
9\QHFKDQp VWDWLF X KODYQt WĜtG\
Ŷ MDNPLOH MHQ X MHGLQp PHWRG\ DQHER DWULEXWX Y\QHFKiPH VWDWLF SURJUDP QHSĤMGH SĜHORåLW
Ɣ QD YêVN\WX RVWDWQtFK VWDWLF QH]iOHåt
Ŷ MDN WR Pi Y\SDGDW
SXEOLF FODVV +ODYQL2. ^
VWDWLF GRXEOH YDKD
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ MDN VH WR QHREUDWQČ VSUDYt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW SXEOLF FODVV +ODYQL2SUDYD ^
VWDWLF GRXEOH YDKD
LQW Y\VND
SRUXVHQL SUDYLGHO
`
UHWXUQ ?Q
YDKD YDKD
Y\VND Y\VND
!
`
YDKD
`
SXEOLF FODVV 'DWRYD9+ODYQL2. ^
2VRED2.>@ RVRE\
QHZ 2VRED2.>@
RVRE\>@
QHZ 2VRED2. RVRE\>@
QHZ 2VRED2. 6\VWHPRXWSULQWOQ$UUD\VWR6WULQJRVRE\
`
`
YRLG Y\SLV9\VNX ^
SRUXVHQL SUDYLGHO
Y\VND
`
+ODYQL2SUDYD REMHNW
QHZ +ODYQL2SUDYD
YDKD
REMHNWY\VND
Y\SLV9DKX
REMHNWY\SLV9\VNX
`
Y\StãH
>
YDKD Y\VND !
YDKD Y\VND !@
`
MH YLGČW åH PXVtPH Y\URELW ] KODYQt WĜtG\ MHMt LQVWDQFL SRPRFt QHZ D N DWULEXWĤP QHER PHWRGiP EH]
VWDWLF SĜLVWXSRYDW SRPRFt UHIHUHQFH QD REMHNW
Ŷ MDN Y\SDGi SĜL SRUXãHQt SUDYLGHO
3ĜLGDQp VWDWLF X GDWRYp WĜtG\
3R]QiPND
Ŷ WDWR FK\ED MH ]iYDåQČMãt ± SURJUDP O]H EH] SUREOpPĤ SĜHORåLW
.yG Y KODYQt WĜtGČ ]ĤVWDO ]FHOD QH]PČQČQ
Ɣ SRNXG YãDN Y\WYRĜtPH YtFH QHå MHGQX LQVWDQFL GDWRYp WĜtG\ SURJUDP IXQJXMH FK\EQČ
FODVV 2VRED&K\ED ^
SULYDWH GRXEOH YDKD
VWDWLF SULYDWH LQW Y\VND
Ŷ MDN WR Pi Y\SDGDW
3R]QiPND
SRUXVHQL SUDYLGHO
SXEOLF 2VRED&K\EDGRXEOH YDKD LQW Y\VND ^
WKLVYDKD
YDKD
WKLVY\VND
Y\VND
`
9ãLPQČWH VL åH RVRE\ VH QHPXVHMt Y\WYiĜHW Y F\NOX
FODVV 2VRED2. ^
GRXEOH YDKD
LQW Y\VND
SXEOLF GRXEOH JHW9DKD ^
UHWXUQ YDKD
`
SRUXVHQL SUDYLGHO
VWDWLF SXEOLF LQW JHW9\VND ^
UHWXUQ Y\VND
`
2VRED2.GRXEOH YDKD LQW Y\VND ^
WKLVYDKD
YDKD
WKLVY\VND
Y\VND
`
GRXEOH JHW9DKD ^
UHWXUQ YDKD
`
UHWXUQ ?Q
YDKD YDKD
Y\VND Y\VND
!
`
LQW JHW9\VND ^
UHWXUQ Y\VND
`
`
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW SXEOLF FODVV 'DWRYD9+ODYQL&K\ED ^
2VRED&K\ED>@ RVRE\
QHZ 2VRED&K\ED>@
RVRE\>@
QHZ 2VRED&K\ED RVRE\>@
QHZ 2VRED&K\ED 6\VWHPRXWSULQWOQ$UUD\VWR6WULQJRVRE\
`
`
SULYDWH LQW SRUDGL
SULYDWH GRXEOH YDKD
SULYDWH LQW Y\VND
Y\StãH FK\EQČ ± YêãND VH RSDNXMH
SXEOLF 2VRED3RFLWDGORGRXEOH YDKD LQW Y\VND ^
SRFLWDGOR
WKLVSRUDGL
SRFLWDGOR
WKLVYDKD
YDKD
WKLVY\VND
Y\VND
`
>
YDKD Y\VND !
YDKD Y\VND !@
SXEOLF VWDWLF LQW JHW3RFLWDGOR ^
UHWXUQ SRFLWDGOR
`
3R]QiPND
SXEOLF GRXEOH JHW9DKD ^
UHWXUQ WKLVYDKD
`
'ĤYRGHP FK\E\ MH åH WĜtGQt DWULEXW VH VWDWLF MH YH YãHFK LQVWDQFtFK WĜtG\ SRX]H Y MHGQRP
RULJLQiOH .DåGi MHKR ]PČQD VH WDN SURMHYt YH YãHFK H[LVWXMtFtFK LQVWDQFtFK
SXEOLF LQW JHW9\VND ^
UHWXUQ WKLVY\VND
`
Ŷ WHQWR SUREOpP QHO]H VSUDYLW D WR DQL QHREUDWQČ
Ɣ MHGQi VH R FK\EX Y QiYUKX WĜtG\
UHWXUQ ?Q WKLVSRUDGL
YDKD WKLVYDKD
Y\VND WKLVY\VND
!
`
3ĜtVWXS ± &KFL SRFKRSLW UR]GtO PH]L WĜtGQtPL D LQ
VWDQþQtPL
Ŷ QH]E\WQp SUR W\ NWHĜt EXGRX -DYX QHER & QHER & DSRG SRXåtYDW QD QHWULYLiOQt ~URYQL
Ŷ QiVOHGXMt XNi]N\ SURþ SRUXãLW YêãH SRSVDQi UR]XPQi SUDYLGOD
`
3ĜLGDQp VWDWLF X GDWRYp WĜtG\
SXEOLF FODVV 'DWRYD9+ODYQL3RFLWDGOR ^
2VRED3RFLWDGOR R
QHZ 2VRED3RFLWDGOR 2VRED3RFLWDGOR R
QHZ 2VRED3RFLWDGOR 6\VWHPRXWSULQW([LVWXML 2VRED3RFLWDGORJHW3RFLWDGOR
RVRE\ -VRX WR
6\VWHPRXWSULQWR
6\VWHPRXWSULQWOQR
`
`
Ŷ VWDWLF X DWULEXWX ]QDPHQi åH H[LVWXMH SRX]H MHGQR SDPČĢRYp PtVWR VSROHþQp SUR YãHFKQ\ LQVWDQFH
Ɣ DWULEXW MH WĜtGQt W]Q MHGHQ VSROHþQê SUR FHORX WĜtGX D YãHFKQ\ MHMt LQVWDQFH
Ɣ SRXåtYi VH YHOPL ]ĜtGND
Ɣ W\SLFNp SRXåLWt MH YH Yê]QDPX SRþLWDGOD MLå Y]QLNOêFK REMHNWĤ
Ŷ SRNXG MH DWULEXW WĜtGQt YČWãLQRX V QtP SUDFXMH L WĜtGQt PHWRGD VH VWDWLF ± MH WR UR]XPQp
Ɣ QHQt WR DOH SRGPtQNRX ± MH PRåQi L LQVWDQþQt PHWRGD ± GĤYRG\ Y .,93*6
Y\StãH
Ŷ SĜtNODG QD SRXåLWt SRþtWDGOD H[LVWXMtFtFK REMHNWĤ
([LVWXML RVRE\ -VRX WR
YDKD Y\VND !
YDKD Y\VND !
Ɣ UR]OLãXMH VH WĜtGQt SRFLWDGOR D LQVWDQþQt SRUDGL
Ɣ SRXåLWt WĜtGQt PHWRG\ MH SRPRFt -PHQR7ULG\MPHQR0HWRG\ WM 2VRED3RFLWDGORJHW3RFLWD
GOR
FODVV 2VRED3RFLWDGOR ^
SULYDWH VWDWLF LQW SRFLWDGOR
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜLGDQp VWDWLF X QHGDWRYp WĜtG\
Ŷ QHMHGQi VH R KODYQt WĜtGX V PDLQ
HOVH ^
6\VWHPRXWSULQWOQ QHQL SUYRFLVOR
`
Ŷ MH WR W\SLFN\ WĜtGD V NRQVWDQWDPL V YãHREHFQČ XåLWHþQêPL PHWRGDPL W]Y XWLOLW\ FODVV
Ɣ YãHFKQ\ DWULEXW\ MVRX VWDWLF ILQDO WM NRQVWDQW\
Ɣ YãHFKQ\ PHWRG\ MVRX VWDWLF
6\VWHPRXWSULQWOQ6HGPH SUYRFLVOR MH 3UYRFLVODSUYRFLVOR93RUDGL
Ɣ WĜtGD QHPi NRQVWUXNWRU ± MHMt LQVWDQFH VH QHY\WYiĜHMt
`
Ŷ W\SLFNê SĜtNODG MH ]QiPi WĜtGD MDYDODQJ0DWK
`
Ŷ PHWRG\ WpWR WĜtG\ VH YRODMt
Y\StãH
0DWKMPpQR0HWRG\SDUDPHWU\
QDSĜ GRXEOH G
. GLVSR]LFL MH SUYRFLVHO
&LVOR QHQL SUYRFLVOR
6HGPH SUYRFLVOR MH 0DWKSRZ[ Ŷ NRQVWDQW\ ] WpWR WĜtG\ VH SRXåLMt
+ODYQt WĜtGD
0DWK-0e12B.2167$17<
QDSĜ GRXEOH SL
Ŷ W\SLFN\ REVDKXMH SRX]H PHWRGX PDLQ
0DWK3,
FODVV 3UYRFLVOD ^
SULYDWH VWDWLF ILQDO LQW>@ SUYRFLVOD
^
`
SXEOLF VWDWLF ILQDO LQW 32&(7B3592&,6(/
Ŷ GDOãt þDVWi WĜtGQt PHWRGD MH ]SUDFRYiQt SDUDPHWUĤ SĜtND]RYp ĜiGN\ ± YL] GĜtYH
Ŷ SUR QDãH ~þHO\ EXGRX Y WpWR WĜtGČ MHãWČ GDOãt WĜtGQt PHWRG\ ± SĜHVQČ WDN MDN E\OR XNi]iQR GĜtYH
Ɣ SURIHVLRQiOQČ SRXåtYDQê SRVWXS YL] Y SR]GČMãtFK SĜHGPČWHFK
SUYRFLVODOHQJWK
9]WDK PH]L WĜtGQtPL D LQVWDQþQtPL
SXEOLF VWDWLF LQW SUYRFLVOR93RUDGLLQW Q ^
LI Q 32&(7B3592&,6(/ ^
UHWXUQ SUYRFLVOD>Q @
`
HOVH ^
UHWXUQ `
`
Ŷ XYDåXMHPH VWiOH DXWRUL]RYDQê SĜtVWXS WM DWULEXW\ MVRX ]YQČMãNX WĜtG\ SĜtVWXSQp SRX]H SĜHV SĜtVOXãQp
JHWU\ D VHWU\
Ŷ LQVWDQþQt PHWRG\ VPČMt
Ɣ SRXåtYDW DWULEXW\
Ƈ WĜtGQt
SXEOLF VWDWLF ERROHDQ MH3UYRFLVORLQW FLVOR ^
IRU LQW L
L SUYRFLVODOHQJWK L ^
LI FLVOR
SUYRFLVOD>L@ ^
UHWXUQ WUXH
`
`
UHWXUQ IDOVH
`
Ƈ LQVWDQþQt
Ɣ YRODW PHWRG\
Ƈ WĜtGQt
Ƈ LQVWDQþQt
`
Ŷ VWDWLFNp PHWRG\ VPČMt
SXEOLF FODVV +ODYQL3UYRFLVOD ^
6\VWHPRXWSULQWOQ. GLVSR]LFL MH 3UYRFLVOD32&(7B3592&,6(/ SUYRFLVHO
Ɣ SRXåtYDW DWULEXW\
Ƈ WĜtGQt
Ɣ YRODW PHWRG\
LQW F
6\VWHPRXWSULQW&LVOR F
LI 3UYRFLVODMH3UYRFLVORF
WUXH ^
6\VWHPRXWSULQWOQ MH SUYRFLVOR
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ WĜtGQt
Ŷ SĜtNODG QD YãHFKQ\ NRPELQDFH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ Y LQVWDQþQt PHWRGČ WR6WULQJ MVRX ]iURYHĖ XNi]iQ\ ]SĤVRE\ SĜtVWXSX N DWULEXWĤP L N PHWRGiP
FODVV 7ULGQL,QVWDQFQL ^ SRYROHQH NRPELQDFH
SULYDWH VWDWLF LQW SRFLWDGOR
SULYDWH LQW SRUDGL
.DSLWROD 9êMLPN\ DGUHViĜH D VRXERU\
9êMLPN\
SXEOLF 7ULGQL,QVWDQFQL ^
SRFLWDGOR
WKLVSRUDGL
JHW3RFLWDGOR
`
ÒYRGQt LQIRUPDFH
Ŷ PHFKDQLVPXV YêMLPHN H[FHSWLRQ MH MHGQtP ] YHOPL VLOQêFK EH]SHþQRVWQtFK SUYNĤ -DY\
Ŷ PQRKR VWDUãtFK SURJUDPRYDFtFK MD]\NĤ VLFH XPRåĖXMH WHVWRYDW FK\ERYp NyG\ W\SX ÄQHRWHYĜHQê VRXERU³
ÄPiOR SDPČWL³ DWG
SXEOLF VWDWLF LQW JHW3RFLWDGOR ^
UHWXUQ SRFLWDGOR
`
Ɣ YČWãLQD ] WČFKWR MD]\NĤ DOH SRQHFKiYi SURYHGHQt WRKRWR W\SX WHVWĤ QD OLERYĤOL SURJUDPiWRUD
SXEOLF LQW JHW3RUDGL ^
UHWXUQ SRUDGL
`
Ŷ -DYD SĜtPR QD ~URYQL NRPSLOiWRUX QXWt SURJUDPiWRUD DE\ YH VYpP NyGX UHDJRYDO QD QČNWHUp PRåQp
FK\ERYp VWDY\
Ɣ SRNXG QHUHDJXMH SURJUDP VH QHSĜHORåt E\Ģ MH NyG VSUiYQČ
6WULQJ V
SRUDGL ] SRFLWDGOR
UHWXUQ JHW3RUDGL ] JHW3RFLWDGOR
`
SXEOLF VWDWLF LQW>@ Y\WYRU$1DFWL3ROH ^
6FDQQHU VF
QHZ 6FDQQHUQHZ )LOHGDWDW[W
LQW Q
VFQH[W,QW
LQW>@ SROH
QHZ LQW>Q@
IRU LQW L
L Q L ^
SROH>L@
VFQH[W,QW
`
UHWXUQ SROH
`
`
SXEOLF FODVV +ODYQL7ULGQL,QVWDQFQL ^
6\VWHPRXWSULQWOQ=DFDWHN H[LVWXMH 7ULGQL,QVWDQFQLJHW3RFLWDGOR
LQVWDQFL
7ULGQL,QVWDQFQL R
QHZ 7ULGQL,QVWDQFQL
7ULGQL,QVWDQFQL R
QHZ 7ULGQL,QVWDQFQL
6\VWHPRXWSULQWOQ([LVWXML 7ULGQL,QVWDQFQLJHW3RFLWDGOR
LQVWDQFH -VRX WR
6\VWHPRXWSULQWOQR
6\VWHPRXWSULQWOQR
`
`
Y\StãH FK\EX SĜL SĜHNODGX
9\MLPND3URSDJRYDQDMDYD
XQUHSRUWHG H[FHSWLRQ MDYDLR)LOH1RW)RXQG([FHSWLRQ
PXVW EH FDXJKW RU GHFODUHG WR EH WKURZQ
6FDQQHU VF
A
GRNXG SURJUDPiWRU WXWR ]iYDGX QHRGVWUDQt QHPĤåH SRNUDþRYDW GiOH
Ŷ MH QČNROLN ]SĤVREĤ MDN UHDJRYDW QD YêMLPNX
Y\StãH
Ɣ NRQNUpWQt ]SĤVRE UHDNFH ]iYLVt QD PQRKD GDOãtFK RNROQRVWHFK
=DFDWHN H[LVWXMH LQVWDQFL
([LVWXML LQVWDQFH -VRX WR
] ] Ŷ SRG SRMPHP YêMLPND H[FHSWLRQ MH PtQČQ WDNp YêMLPHþQê VWDY H[FHSWLRQDO HYHQW QHER QHSĜHVQČ
FK\ED HUURU
Ɣ YãHFKQ\ XYHGHQp SRMP\ R]QDþXMt XGiORVW R NWHUp VL QHSĜHMHPH DE\ Y QDãHP SURJUDPX Y]QLNOD
Ɣ EH] MHMtKR Y]QLNX EXGH Qiã SURJUDP IXQJRYDW OpSH GOH RþHNiYiQt
Ŷ Y VRXYLVORVWL V YêVN\WHP YêMLPN\ VH SRXåtYi WHUPtQ Y\KRGLW YêMLPNX WKURZ H[FHSWLRQ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ SRNXG SĜHVWR QDVWDQH -DYD QD WXWR YêMLPNX ]DUHDJXMH XNRQþHQtP SURJUDPX D FK\ERYêP YêSLVHP
]H NWHUpKR O]H Y\þtVW NGH FK\ED QDVWDOD
3R]QiPND
=GH EXGH Y\VYČWOHQD SUREOHPDWLND YêMLPHN MHQ GR Wp PtU\ DE\ SRVWDþRYDOD SUR EXGRXFt SUiFL VH
VRXERU\ .RPSOHWQt SUiFL V YêMLPNDPL YL] OLWHUDWXUD QHER QDYD]XMtFt SĜHGPČW\
XNi]ND QHRãHWĜHQp YêMLPN\
Ɣ ([FHSWLRQ ± QXWQp RãHWĜHQt YH ]GURMRYpP NyGX
SXEOLF FODVV 9\MLPND1HRVHWUHQD ^
LQW>@ DEF
QHZ LQW>@
DEF>@
`
`
Ɣ 5XQWLPH([FHSWLRQ ± GREURYROQp RãHWĜHQt
XNi]ND FK\ERYpKR YêSLVX
0RåQp GUXK\ YêMLPHN
Ŷ ] KOHGLVND EČåQpKR SURJUDPiWRUD VH UR]OLãXMt GYD ]iNODGQt GUXK\ YêMLPHN
Ŷ ]SĤVRE SUiFH V REČPD W\S\ MH ]FHOD VWHMQê
([FHSWLRQ LQ WKUHDG PDLQ
MDYDODQJ$UUD\,QGH[2XW2I%RXQGV([FHSWLRQ DW 9\MLPND1HRVHWUHQDPDLQ9\MLPND1HRVHWUHQDMDYD
Ŷ RG WČFKWR GYRX ]iNODGQtFK W\SĤ MH RGYR]HQR RGGČGČQR PQRåVWYt GDOãtFK YêMLPHN
Ɣ SURWRåH Y]QLNDMt GČGČQtP RG ]iNODGQtFK VWDþt SĜL RãHWĜRYiQt YêMLPHN YåG\ XYiGČW Qi]Y\ ]iNODGQtFK
GUXKĤ
Ƈ QDSĜ PtVWR )LOH1RW)RXQG([FHSWLRQ O]H SRXåtW MHQ ([FHSWLRQ
=SĤVRE\ UHDNFH QD YêMLPNX
± WRWR MH RYãHP ]MHGQRGXãHQt NWHUp PĤåH SRXåtW MHQ ]DþiWHþQtN
Ŷ SURJUDPiWRU NWHUê UHDJXMH QD NRQWURORYDQRX YêMLPNX Pi Y ]iVDGČ WĜL PRåQRVWL
([FHSWLRQ
YêMLPNX QHXPt QHER QHFKFH RãHWĜRYDW D SURWR LQIRUPDFL R MHMtP YêVN\WX SĜHGi GR QDGĜD]HQp ~URYQČ
W]Q YRODMtFt PHWRGČ
Ŷ Wpå NRQWURORYDQp YêMLPN\ FKHFNHG H[FHSWLRQV
Ɣ SURSDJDFH YêMLPHN GHNODUDFH YêMLPHN
Ŷ PXVtPH VH R QČ Y SURJUDPX SRVWDUDW WM RãHWĜLW MH SĜLGiQtP VSHFLiOQt þiVWL NyGX
Ŷ Y\VN\WXMt Y VRXYLVORVWL V YROiQtP PHWRG X NWHUêFK MH ]YêãHQi SUDYGČSRGREQRVW åH VH SĜL MHMLFK SRXåLWt
PĤåH Y\VN\WQRXW SUREOpP
Ɣ W\SLFN\ MVRX WR YãHFKQ\ PHWRG\ NWHUp SUDFXMt VH YVWXS\ D YêVWXS\
Ɣ X WČFKWR PHWRG VL MHMLFK SURJUDPiWRĜL E\OL YČGRPL SRWHQFLiOQtKR QHEH]SHþt D PHWRG\ QDSVDOL WDN DE\
E\OR SĜL MHMLFK SRXåLWt QXWQp QD QHEH]SHþt UHDJRYDW
5XQWLPH([FHSWLRQ
YêMLPNX ]DFK\Wt D NRPSOHWQČ RãHWĜt Y PHWRGČ NGH VH Y\VN\WOD
Ɣ RãHWĜHQt YêMLPHN
YêMLPNX þiVWHþQČ þL NRPSOHWQČ RãHWĜt Y PHWRGČ D QDYtF SRãOH LQIRUPDFL R MHMtP YêVN\WX GR QDGĜD]HQp
~URYQČ
Ɣ NRPELQDFH RERX SĜHGFKR]tFK ]SĤVREĤ
Ŷ NDåGê ] WČFKWR ]SĤVREĤ Pi VYp YêKRG\ D QHYêKRG\ D WDNp UĤ]Qp YDULDQW\ SRXåLWt
Ŷ UHDNFH QD FK\E\ NWHUp VH PRKRX Y\VN\WQRXW Y SURJUDPX QDSURVWR NGHNROLY QDSĜ
Ɣ SUR ~þHO\ ]DþiWHþQLFNpKR SURJUDPRYiQt SUREHUHPH MHQ MHGQRGXFKp YHU]H GYRX SUYQtFK SĜtSDGĤ
Ɣ $ULWKPHWLF([FHSWLRQ ± GČOHQt QXORX DSRG
3ĜHGiQt YêMLPN\ YêãH ± GHNODUDFH YêMLPN\
Ɣ $UUD\,QGH[2XW2I%RXQGV([FHSWLRQ ± LQGH[ PLPR UR]VDK SROH
Ŷ PHWRGD YH NWHUp VH YêMLPND Y\VN\WOD VH ]ĜtNi RGSRYČGQRVWL ]D MHMt ]SUDFRYiQt
Ŷ SURWRåH VH W\WR YêMLPN\ PRKRX Y\VN\WQRXW NGHNROLY QH MHQ SĜL YROiQt XUþLWêFK PHWRG QHQXWt QiV SĜHNODGDþ
DE\FKRP MH RãHWĜLOL SRPRFt VSHFLiOQt þiVWL NyGX
Ɣ SRYDåXMHPHOL WR ]D XåLWHþQp PĤåHPH MH RãHWĜLW
Ɣ SĜHGiQt RGSRYČGQRVWL YêãH VH MDVQČ GHNODUXMH MLå Y KODYLþFH PHWRG\ SRPRFt NOtþRYpKR VORYD WKURZV
Y\KD]XMH
3R]QiPND
Ƈ W\SLFN\ MH WR Y PtVWHFK NGH MH ]YêãHQi SUDYGČSRGREQRVW SUREOpPX YVWXS\ RG XåLYDWHOH
Ɣ QHPi YČWãt VP\VO RãHWĜRYDW MH Y PtVWČ NGH MVPH VL VWRSURFHQWQČ MLVWL åH ]PtQČQi VLWXDFH QHPĤåH
QDVWDW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ QiVOHGXMtFtP NURNHP MH SDN ~SUDYD ]GURMRYpKR NyGX D RãHWĜHQt WpWR YêMLPN\ NWHUi ÄQHPĤåH QDVWDW³
7HQWR SRVWXS MH YHOPL MHGQRGXFKê DOH YH VNXWHþQRVWL VH ĜHãHQt SUREOpPX SRX]H RGVRXYi
1ČNG\ EXGH PXVHW EêW SURYHGHQR
3ĜHGQiãN\ .,933$ 3DYHO +HURXW LQW>@ DEF
Y\WYRU$1DFWL3ROH
6\VWHPRXWSULQWOQ$UUD\VWR6WULQJDEF
Ɣ MH WR QHMMHGQRGXããt ĜHãHQt DOHVSRĖ ] SUYQtKR SRKOHGX
Ƈ QHQt WĜHED SURYiGČW åiGQp ]iVDK\ GR VWiYDMtFtKR NyGX PHWRG\ VWDþt MHQ GRSOQLW MHMt KODYLþNX R
`
`
WKURZV ([FHSWLRQ
LPSRUW MDYDXWLO
LPSRUW MDYDLR
Ɣ Y SĜtSDGČ åH VRXERU GDWDW[W QHH[LVWXMH MH SR VSXãWČQt Y\SViQR QiVOHGXMtFt FK\ERYp KOiãHQt
([FHSWLRQ LQ WKUHDG PDLQ
MDYDLR)LOH1RW)RXQG([FHSWLRQ GDWDW[W
6\VWpP QHPĤåH QDOp]W XYHGHQê VRXERU
DW MDYDLR)LOH,QSXW6WUHDPRSHQ1DWLYH 0HWKRG
DW MDYDLR)LOH,QSXW6WUHDPLQLW!)LOH,QSXW6WUHDPMDYD
DW MDYDXWLO6FDQQHULQLW!6FDQQHUMDYD
DW 9\MLPND3URSDJRYDQDY\WYRU$1DFWL3ROH9\MLPND3URSDJRYDQDMDYD
DW 9\MLPND3URSDJRYDQDPDLQ9\MLPND3URSDJRYDQDMDYD
SXEOLF FODVV 9\MLPND3URSDJRYDQD ^
SXEOLF VWDWLF LQW>@ Y\WYRU$1DFWL3ROH WKURZV ([FHSWLRQ ^
6FDQQHU VF
LQW Q
VFQH[W,QW
LQW>@ SROH
QHZ LQW>Q@
IRU LQW L
L Q L ^
SROH>L@
VFQH[W,QW
`
UHWXUQ SROH
`
] QČM MH MDVQČ SDWUQp QD MDNpP PtVWČ ]GURMRYpKR NyGX þtVOD ĜiGHN GRãOR N SUREOpPX
3R]QiPND
LQW>@ DEF
Y\WYRU$1DFWL3ROH
`
0HWRGD PDLQ SĜHGDOD RGSRYČGQRVW YêãH ± YLUWXiOQtPX VWURML -90 NWHUê YêMLPNX ]SUDFRYDO
WM Y\SVDO FK\ERYp KOiãHQt D XNRQþLO SURJUDP
Ŷ YêKRG\
`
Ɣ MHGQRGXFKRVW ± VWDþt MHQ ]PČQD KODYLþN\ PHWRG\
SR SĜHNODGX VH DOH Y\StãH FK\ERYp KOiãHQt
Ɣ QHĜHãtPH WR QD FR QHPiPH NRPSHWHQFH
9\MLPND3URSDJRYDQDMDYD
XQUHSRUWHG H[FHSWLRQ MDYDODQJ([FHSWLRQ
PXVW EH FDXJKW RU GHFODUHG WR EH WKURZQ
LQW>@ DEF
Y\WYRU$1DFWL3ROH
A
Ƈ SRNXG MH PHWRGD Y\YROiYDMtFt YêMLPNX KOXERFH ]DQRĜHQD FRå MH W\SLFNp SUR UĤ]Qi þWHQt ]H VRXERUĤ
MH YKRGQp DE\ VH R QH~VSČFKX DNFH GR]YČGČOD L PHWRGD NWHUi MH QDGĜD]HQD PQRKHP YêãH W\SLFN\
] *8, D PRKOD WDN RGSRYtGDMtFtP ]SĤVREHP UHDJRYDW
FRå MH SĜHVQČ GRNODG WRKR åH SUREOpP E\O ] PHWRG\ Y\WYRU$1DFWL3ROH SRX]H SĜHVXQXW GR
PHWRG\ PDLQ
SRXåLMHPHOL Y KODYLþFH PHWRG\ PDLQ VWHMQRX WDNWLNX SĜHNODG SUREČKQH EH] SUREOpPĤ
Ɣ QXWtPH YãHFKQ\ FR QDãL PHWRGX SRXåtYDMt DE\ VH SRVWDUDOL R SUREOpP\ NWHUp ]SĤVREt QDãH PHWRGD
Ƈ MHOL QDãH PHWRGD þDVWRNUiW YRODQi ] UĤ]QêFK PtVW MH WR QHãĢDVWQp ĜHãHQt SRNXG PRKO EêW SUREOpP
Y\ĜHãHQ Y WpWR PHWRGČ
LPSRUW MDYDXWLO
LPSRUW MDYDLR
.RPSOHWQt RãHWĜHQt YêMLPN\
SXEOLF FODVV 9\MLPND3URSDJRYDQD ^
SXEOLF VWDWLF LQW>@ Y\WYRU$1DFWL3ROH WKURZV ([FHSWLRQ ^
6FDQQHU VF
LQW Q
VFQH[W,QW
LQW>@ SROH
QHZ LQW>Q@
IRU LQW L
L Q L ^
SROH>L@
VFQH[W,QW
`
UHWXUQ SROH
`
Ŷ SĜtSDGQi YêMLPND QHSURQLNQH YHQ ] PHWRG\
Ɣ QDGĜD]HQi ~URYHĖ VH QHPXVt R QLF VWDUDW
Ŷ RãHWĜHQt YêMLPN\ VH SURYHGH SRPRFt NRQVWUXNFH WU\FDWFK
Ɣ YODVWQt YêNRQQê NyG VH QLMDN QHPČQt MHQ VH X]DYĜH GR EORNX ]DþtQDMtFt WU\
Ƈ SUDNWLFN\ MH þDVWR QXWQp SĜHVXQRXW QČNWHUp GHNODUDFH YQČ EORNX WU\
Ɣ EORN FDWFK NWHUê ]D EORNHP WU\ EH]SURVWĜHGQČ QiVOHGXMH VWDQRYt QD MDNRX YêMLPNX VH EXGH UHDJRYDW
D MDN
SXEOLF VWDWLF YRLG PDLQ6WULQJ>@ DUJV WKURZV ([FHSWLRQ ^
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ QHYêKRG\
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ULPLWLYQt DOH ~þLQQê ]SĤVRE
1iSUDYD SUREOpPX
Ŷ Y EORNX FDWFK VH QHVQDåtPH R QiSUDYX SUREOpPX SRX]H Y\StãHPH FK\ERYp KOiãHQt D þDVWR L XNRQþtPH
SURJUDP
Ŷ SRXåLMHPH SRNXG XPtPH Y PHWRGČ SUREOpP ]FHOD Y\ĜHãLW
Ɣ Y PQRKD SĜtSDGHFK QHMUR]XPQČMãt UHDNFH
Ɣ YČWãLQRX VH SRXåLMH F\NOXV YH NWHUpP VH XPRåQt ]DGiQt VSUiYQêFK KRGQRW
LPSRUW MDYDXWLO
LPSRUW MDYDLR
Ɣ SUR ]DþiWHþQtN\ GRSRUXþRYDQi
SXEOLF FODVV 9\MLPND2VHWUHQD9\SLVHP ^
LQW>@ SROH
QXOO
Y\VXQXWL GHNODUDFH YHQ ] EORNX
WU\ ^
6FDQQHU VF
LQW Q
VFQH[W,QW
SROH
QHZ LQW>Q@
IRU LQW L
L Q L ^
SROH>L@
VFQH[W,QW
`
UHWXUQ SROH
`
FDWFK ([FHSWLRQ H ^
HSULQW6WDFN7UDFH Y\SLV Y\MLPN\
6\VWHPH[LW
XNRQFHQL SURJUDPX
`
UHWXUQ SROH
`
SXEOLF FODVV 9\MLPND2VHWUHQD.RPSOHWQH ^
LQW>@ SROH
QXOO
6WULQJ MPHQR
GDWDW[W
ZKLOH WUXH ^
WU\ ^
6FDQQHU VF
QHZ 6FDQQHUQHZ )LOHMPHQR
LQW Q
VFQH[W,QW
SROH
QHZ LQW>Q@
IRU LQW L
L Q L ^
SROH>L@
VFQH[W,QW
`
EUHDN
`
FDWFK ([FHSWLRQ H ^
6\VWHPRXWSULQWOQ6RXERU MPHQR QHQDOH]HQ
6\VWHPRXWSULQW=DGHM VSUDYQH MPHQR 6FDQQHU VF.ODYHVQLFH
QHZ 6FDQQHU6\VWHPLQ
MPHQR
VF.ODYHVQLFHQH[W
`
`
UHWXUQ SROH
`
LQW>@ DEF
Y\WYRU$1DFWL3ROH
`
`
LQW>@ DEF
Y\WYRU$1DFWL3ROH
`
SR VSXãWČQt D QHQDOH]HQt VRXERUX GDWDW[W Y\StãH
MDYDLR)LOH1RW)RXQG([FHSWLRQ GDWDW[W
6\VWpP QHPĤåH QDOp]W XYHGHQê VRXERU
DW MDYDLR)LOH,QSXW6WUHDPRSHQ1DWLYH 0HWKRG
DW MDYDLR)LOH,QSXW6WUHDPLQLW!)LOH,QSXW6WUHDPMDYD
DW MDYDXWLO6FDQQHULQLW!6FDQQHUMDYD
DW 9\MLPND2VHWUHQD9\SLVHPY\WYRU$1DFWL3ROH9\MLPND2VHWUHQD9\SLVHPMDYD
DW 9\MLPND2VHWUHQD9\SLVHPPDLQ9\MLPND2VHWUHQD9\SLVHPMDYD
3R]QiPND
8NRQþHQt SUiFH SURJUDPX ]GH SRPRFt 6\VWHPH[LW MH QXWQRVWt SURWRåH SR YêVWXSX
] PHWRG\ Y\WYRU$1DFWL3ROH VH MLQDN RþHNiYi åH YãH SUREČKOR Y SRĜiGNX FRå QHQt
SUDYGD &K\ERYê YêSLV ViP R VREČ QH]SĤVREt XNRQþHQt SURJUDPX
`
SR VSXãWČQt Y\StãH QDSĜ
6RXERU GDWDW[W QHQDOH]HQ
=DGHM VSUDYQH MPHQR MLQ\W[W
6RXERU MLQ\W[W QHQDOH]HQ
=DGHM VSUDYQH MPHQR GDWDSROHW[W
> @
1DSURVWR QHMKRUãt UHDNFH QD YêMLPNX
Ŷ SRNXG E\ VH SR]GČML VWDOR åH YêMPHþQi VLWXDFH QDVWiYi þDVWR PiPH YåG\ PRåQRVW SĜHMtW N QiVOHGXMtFtPX
ĜHãHQt
3R]QiPND
1HQt WR YH VNXWHþQRVWL åiGQi VSHFLiOQt NDWHJRULH MHQ SRGPQRåLQD ]SĤVREX RãHWĜHQt YêMLPN\
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW FDWFK ,2([FHSWLRQ H ^
WKURZ QHZ 5XQWLPH([FHSWLRQH
`
Ŷ GĤYRG SRXåLWt MH Y QDSURVWp YČWãLQČ OHQRVW SURJUDPiWRUD
Ɣ QHFKFH YêMLPNX SURSDJRYDW SURWRåH E\ WR QiVOHGQČ PXVHO XGČODW L YH YãHFK YRODMtFtFK PHWRGiFK
Ɣ GR EORNX FDWFK QLF QHQDStãH SURWRåH VH WR ÄQLNG\ QHVWDQH³
.RQVWUXNFH WU\±FDWFK±ILQDOO\
SXEOLF FODVV 9\MLPND2VHWUHQD&K\EQH ^
LQW>@ SROH
QXOO
WU\ ^
6FDQQHU VF
LQW Q
VFQH[W,QW
SROH
QHZ LQW>Q@
IRU LQW L
L Q L ^
SROH>L@
VFQH[W,QW
`
UHWXUQ SROH
`
FDWFK ([FHSWLRQ H ^ ]DGQD DNFH
`
UHWXUQ SROH
`
Ŷ GĜtYH ]PtQČQi NRQVWUXNFH WU\±FDWFK VH þDVWR GRSOĖXMH MHãWČ R EORN XYHGHQê NOtþRYêP VORYHP ILQDOO\
Ɣ WHQWR EORN SDN SUREČKQH YåG\ W]Q DĢ MLå YêMLPND QHQDVWDQH SURYiGt VH MHQ NyG Y EORNX WU\ QHER L
NG\å QDVWDQH SURYiGt VH L NyG Y EORNX FDWFK
WU\ ^
YêNRQQê NyG
SURYiGt VH FHOê SRNXG QHY]QLNQH YêMLPND
`
FDWFK ([FHSWLRQ H ^
NyG ]DFK\FHQt YêMLPN\
SURYiGt VH SR YêVN\WX YêMLPN\
`
ILQDOO\ ^
XNRQþRYDFt NyG
SURYiGt VH YåG\ MDNR SRVOHGQt SR WU\ þL FDWFK
`
LQW>@ DEF
Y\WYRU$1DFWL3ROH
`
Ŷ W\SLFNp SRXåLWt MH SĜL SUiFL VH VRXERU\ ± YL] GiOH
`
$GUHViĜH D VRXERU\ SRPRFt WĜtG\ )LOH
Ŷ WtPWR ]SĤVREHP MVPH VH SĜLSUDYLOL R YãHFKQ\ YêKRG\ PHFKDQLVPX YêMLPHN
3R]QiPND
Ɣ YêMLPND SUREČKQH DOH QLNGR VH QHGR]Yt NG\ D NGH
=GH VH EXGHPH QD VRXERU\ GtYDW MDNR QD QHGČOLWHOQê FHOHN WM QHEXGH QiV ]DWtP ]DMtPDW MHMLFK
REVDK
(OHJDQWQt ĜHãHQt WpWR VLWXDFH
Ŷ QČNG\ VNXWHþQČ SRWĜHEXMHPH QD ]DFK\FHQRX YêMLPNX QLMDN QHUHDJRYDW D WDNp ML QHSURSDJRYDW
Ŷ SUR SUiFL VH VRXERU\ VORXåt WĜtGD )LOH
Ŷ SDN MVRX N GLVSR]LFL GYD ]iNODGQt SĜtVWXS\ ± RED VH SRXåtYDMt Y ]iYLVORVWL QD W\SX SUREOpPX
Ɣ QH]DMLãĢXMH åiGQp ]SĤVRE\ þWHQt QHER ]iSLVX VORXåt MDNR ÄPDQDåHU³ VRXERUĤ
Ɣ EORN FDWFK MH SUi]GQê DOH H[LVWXMH Y QČP GRVWDWHþQČ SRGUREQê D ]GĤYRGĖXMtFt NRPHQWiĜ
Ɣ VORXåt ]FHOD VWHMQêP ]SĤVREHP L SUR DGUHViĜH GLUHFWRU\
Ƈ W\SLFNê SĜtSDG MH SĜL V\QFKURQL]DFL YOiNHQ
Ƈ VRXERU VH RG DGUHViĜH UR]OLãt SRPRFt PHWRG\ LV'LUHFWRU\ QHER LV)LOH
FDWFK ,QWHUUXSWHG([FHSWLRQ H ^
]GH QHQt åiGQi UHDNFH QD YêMLPNX SURWRåH `
3R]QiPND
3RMHP VORåND VH ]GH QHSRXåtYi
Ɣ WĜtGD PM XPRåĖXMH
Ɣ YêMLPND NRQWURORYDQi VH SĜHYHGH QD 5XQWLPH YêMLPNX WX QHQt QXWQp RãHWĜRYDW NWHUi VH Y\KRGt
Ƈ WHVW H[LVWHQFH
Ƈ W\SLFNê SĜtSDG MH ]DYtUiQt VRXERUĤ PHWRGRX FORVH ± YL] GiOH
Ƈ Y\WYiĜHQt D PD]iQt
Ƈ SĜHMPHQRYiQt D SĜHVXQXWt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ ]tVNiYiQt LQIRUPDFt YHOLNRVW þDV Y]QLNX DSRG
'?SSD?SUHGQDVN\SULSUDYD??VRXERU\?3RNXVMDYD
Ɣ MH XORåHQD Y EDOtNX MDYDLR WDNåH QD ]DþiWNX SURJUDPX PXVtPH QDSVDW
Ŷ UHODWLYQt FHVWD UHODWLYH SDWK QH~SOQi FHVWD UHODWLYQt MPpQR VRXERUX ± SRXåtYDW FR QHMPpQČ
]QDþQi PRåQRVW RP\OX
LPSRUW MDYDLR
Ɣ MH WR FHVWD N VRXERUX QHMþDVWČML ] DNWXiOQtKR DGUHViĜH QDSĜ
7HUPLQRORJLH
?KWPOFVV ± VRXERU KWPOFVV Y QDGĜD]HQpP DGUHViĜL
Ŷ SĜtSRQD VRXERUX ± YãH RG SRVOHGQt WHþN\ GR NRQFH MDYD
??SSD[PO ± VRXERU SSD[PO Y DGUHViĜL NWHUê MH SRGDGUHViĜHP QDGĜD]HQpKR
DGUHViĜH
Ŷ MPpQR VRXERUX
?VRXERU\?$NWXDOQL$GUHVDUMDYD ± VRXERU $NWXDOQL$GUHVDUMDYD Y SRGDGUHViĜL VRXERU\
Ɣ YČWãLQRX YãH YþHWQČ SĜtSRQ\ ± 3RNXVMDYD
VRXERU\?$NWXDOQL$GUHVDUMDYD ± WRWpå MDNR SĜHGFKR]t
Ɣ YH VSHFLiOQtFK SĜtSDGHFK YãH EH] SĜtSRQ\ QDSĜ
?VRXERU\?$NWXDOQL$GUHVDUMDYD ± Yê]QDPQê UR]GtO RG SĜHGFKR]tKR ± VRXERU $NWXDOQL$GUH
VDUMDYD Y SRGDGUHViĜL NRĜHQRYpKR DGUHViĜH SUDYGČSRGREQČ QHEXGH H[LVWRYDW
MPpQR VRXERUX MH 3RNXV
Ƈ 3RNXVMDYD MH ]GURMRYê NyG
=DMLãWČQt QH]iYLVORVWL QD RSHUDþQtP V\VWpPX
Ƈ 3RNXVFODVV MH SĜHORåHQê NyG VRXERUX 3RNXVMDYD
Ŷ H[LVWXMt UĤ]Qp V\VWpP\ VSUiY\ VRXERUĤ D WtP WDNp UĤ]Qp RGOLãQRVWL Y RGGČORYiQt MHGQRWOLYêFK DGUHViĜĤ
Y ~SOQp FHVWČ VRXERUĤ
Ŷ DNWXiOQt DGUHViĜ DFWXDO GLUHFWRU\ ± ]QDþHQ Ŷ QDGĜD]HQê DGUHViĜ URGLþRYVNê DGUHViĜ ± SDUHQW GLUHFWRU\ ± ]QDþHQ Ɣ /LQX[ ± RGGČORYDþHP DGUHViĜĤ MH ]QDN D QHQt YtFH GLVNĤ
Ŷ SRGDGUHViĜ YQRĜHQê DGUHViĜ SRGĜt]HQê DGUHViĜ ± VXEGLUHFWRU\ ± DGUHViĜ YQRĜHQê GR QČMDNpKR
DGUHViĜH QHMþDVWČML DNWXiOQtKR
DGUHVDUDGUHVDUVRXERUW[W
Ɣ :LQGRZV ± RGGČORYDþHP DGUHViĜĤ MH ]QDN ? D MH YtFH GLVNĤ
Ŷ NRĜHQRYê DGUHViĜ URRW GLUHFWRU\
&?DGUHVDU?DGUHVDU?VRXERUW[W
Ɣ :LQGRZV ? ]SČWQp ORPtWNR ± EDFNVODVK
Ŷ WĜtGD )LOH SRVN\WXMH VWDWLFNRX SURPČQQRX )LOHVHSDUDWRU W\SX 6WULQJ
Ƈ YH :LQGRZV MH NRĜHQRYê DGUHViĜ MHãWČ VSRMHQ V R]QDþHQtP GLVNX QDSĜ
Ɣ SUR /LQX[ Pi KRGQRWX '?
Ɣ SUR :LQGRZV Pi KRGQRWX ? ± QHĜHãt SUREOpP VH MPpQHP GLVNX
3R]QiPND
Ɣ ĜHãHQt ]iYLVORVWL QD RSHUDþQtP V\VWpPX MH SĜHVXQXWR QD -90
-PpQR GLVNX VH StãH ] NRQYHQFH YHONêP StVPHQHP 1HQt WR YãDN QH]E\WQp
Ɣ SRXåLWt
Ɣ /LQX[ ORPtWNR ± VODVK
Ŷ ~SOQi FHVWD DEVROXWH SDWK ± DGUHViĜRYi FHVWD RG NRĜHQRYpKR DGUHViĜH GR GDQpKR DGUHViĜH QDSĜ
6WULQJ MPHQR
'?SSD?SUHGQDVN\SULSUDYD??VRXERU\?
QHER
)LOHVHSDUDWRU DGUHVDU
)LOHVHSDUDWRU DGUHVDU
)LOHVHSDUDWRU VRXERUW[W
9\WYRĜHQt LQVWDQFH WĜtG\ )LOH
'?SSD?SUHGQDVN\SULSUDYD??VRXERU\
9êVWUDKD
V H[LVWHQFt QHER QHH[LVWHQFt ]iYČUHþQpKR ]SČWQpKR ORPtWND MH QXWQR Y SURJUDPX SRþtWDW
9\WYRĜHQt LQVWDQFH Y\XåtYDMtFt MPpQR VRXERUX QHER DGUHViĜH QH]QDPHQi åH XYHGHQê VRXERU QHER
DGUHViĜ H[LVWXMH I\]LFN\ QD GLVNX ([LVWRYDW PĤåH DOH WDNp QHPXVt
Ŷ ~SOQp MPpQR VRXERUX ± DGUHViĜRYi FHVWD RG NRĜHQRYpKR DGUHViĜH D MPpQR VRXERUX
Ɣ MHGQR]QDþQi LGHQWLILNDFH VRXERUX Y VRXERURYpP V\VWpPX QDSĜ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ N GLVSR]LFL MVRX WĜL ]iNODGQt ]SĤVRE\ ± NRQVWUXNWRU\
3ĜHGQiãN\ .,933$ 3DYHO +HURXW QHMMHGQRGXããt ± SRX]H MPpQR VRXERUX Y DNWXiOQtP DGUHViĜL
Ŷ ORQJ OHQJWK ± GpOND VRXERUX Y SRþWX EDMWĤ
)LOH VRXERU
QHZ )LOHDW[W
6\VWHPRXWSULQWOQVRXERUJHW&DQRQLFDO3DWK
Ŷ ORQJ ODVW0RGLILHG ± GDWXP SRVOHGQt PRGLILNDFH ± 3R]RU ± SRþHW PLOLVHNXQG RG &DOHQGDU F
QHZ *UHJRULDQ&DOHQGDU
FVHW7LPH,Q0LOOLVVRXERUODVW0RGLILHG
6\VWHPRXWIRUPDWW)Q F
Y\StãH
'?SSD?SUHGQDVN\SULSUDYD??VRXERU\?DW[W
Y\StãH QDSĜ
3R]QiPND
.URPČ MPpQD VRXERUX Y DNWXiOQtP DGUHViĜL O]H ]DGDW L ~SOQRX QHER UHODWLYQt FHVWX -H WR RYãHP
SODWIRUPQČ QHSĜHQRVLWHOQi NRQVWUXNFH D Y SĜtSDGČ :LQGRZV MH QXWQp ]GYRMLW YãHFKQD ]SČWQi
ORPtWND 1DSĜtNODG
)LOH VRXERU
=PČQ\
Ŷ GHOHWH ± Y\PD]iQt VRXERUX
QHZ )LOH'??SSD??DW[W
Ŷ UHQDPH7R)LOH GHVW ± SĜHMPHQRYiQt QHER SĜHVXQ VRXERUX
REMHNW SRGDGUHViĜH D VRXERUX Y WRPWR SRGDGUHViĜL
)LOH VRXERU
QHZ )LOHDW[W
6\VWHPRXWSULQWOQVRXERUJHW1DPH VRXERUH[LVWV
)LOH DNWXDOQL$GU
QHZ )LOH
6\VWHPRXWSULQWOQDNWXDOQL$GUJHW&DQRQLFDO3DWK
)LOH VRXERU
QHZ )LOHDNWXDOQL$GU EW[W
6\VWHPRXWSULQWOQVRXERUJHW&DQRQLFDO3DWK
)LOH VRXERU1RY\
QHZ )LOHEW[W
VRXERUUHQDPH7RVRXERU1RY\
6\VWHPRXWSULQWOQVRXERU1RY\JHW&DQRQLFDO3DWK
6\VWHPRXWSULQWOQVRXERUJHW1DPH VRXERUH[LVWV
Y\StãH
'?SSD?SUHGQDVN\SULSUDYD??VRXERU\?EW[W
)LOH VRXERU-LQGH
QHZ )LOH EW[W
VRXERU1RY\UHQDPH7RVRXERU-LQGH
6\VWHPRXWSULQWOQVRXERU-LQGHJHW&DQRQLFDO3DWK
MPpQR SRGDGUHViĜH Y DNWXiOQtP DGUHViĜL D VRXERUX Y WRPWR SRGDGUHViĜL
Y\StãH
)LOH VRXERU9$GUHVDUL
QHZ )LOHQH[LVWXMLFL$GUHVDU FW[W
6\VWHPRXWSULQWOQVRXERU9$GUHVDULJHW&DQRQLFDO3DWK
DW[W WUXH
'?SSD?SUHGQDVN\SULSUDYD??VRXERU\?EW[W
DW[W IDOVH
'?SSD?SUHGQDVN\SULSUDYD??EW[W
Y\StãH
'?SSD?SUHGQDVN\SULSUDYD??VRXERU\?QH[LVWXMLFL$GUHVDU?FW[W
9\WYRĜHQt DGUHViĜH
3R]QiPND
Ŷ PNGLUV ± Y\WYRĜt DGUHViĜ QHER VNXSLQX DGUHViĜĤ
$QL MHGHQ ] WČFKWR VRXERUĤ D DGUHViĜĤ QD GLVNX QHH[LVWXMH
)LOH DGU
QHZ )LOHSUYQL )LOHVHSDUDWRU GUXK\
6\VWHPRXWSULQWOQDGUJHW&DQRQLFDO3DWK DGUH[LVWV
DGUPNGLUV
6\VWHPRXWSULQWOQDGUJHW&DQRQLFDO3DWK DGUH[LVWV
3UiFH V H[LVWXMtFtP VRXERUHP QHER DGUHViĜHP
=tVNiYiQt LQIRUPDFt
Ŷ ERROHDQ H[LVWV ± ]MLãWČQt ]GD H[LVWXMH
Y\StãH
Ŷ ERROHDQ LV)LOH ± MH WR VRXERU
'?SSD?SUHGQDVN\SULSUDYD??VRXERU\?SUYQL?GUXK\ IDOVH
'?SSD?SUHGQDVN\SULSUDYD??VRXERU\?SUYQL?GUXK\ WUXH
Ŷ ERROHDQ LV'LUHFWRU\ ± MH WR DGUHViĜ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 9êSLV SRORåHN DGUHViĜH
.DSLWROD 6RXERURYê YVWXS D YêVWXS
Ŷ 6WULQJ>@ OLVW ± MPpQD VRXERUĤ D SRGDGUHViĜĤ
)LOH DGU
QHZ )LOH
6WULQJ>@ MPHQD
DGUOLVW
IRU LQW L
L MPHQDOHQJWK
6\VWHPRXWSULQWOQMPHQD>L@
`
3URXGRYê YVWXS D YêVWXS
Ŷ QD YVWXSQt D YêVWXSQt RSHUDFH O]H SRKOtåHW WDN åH VH MHGQi R SURXG GDW VWUHDP
L ^
Ɣ WR Pi YêKRGX åH ]GURM GDW VRXUFH Y SĜtSDGČ YVWXSX QHER FtO GDW WDUJHW Y SĜtSDGČ YêVWXSX PĤåH
EêW UĤ]QêFK W\SĤ QDSĜ MHGQRX MH WR NOiYHVQLFH D SRGUXKp YVWXSQt VRXERU DOH SURJUDP WHQWR SURXG
GDW ]SUDFRYiYi YåG\ ]FHOD VWHMQêP ]SĤVREHP
Ŷ )LOH>@ OLVW)LOHV ± VRXERU\ D SRGDGUHViĜH MDNR REMHNW\ )LOH
Ƈ SUDNWLFN\ VH OLãt SRX]H SRþiWHþQt LQLFLDOL]DFH ]GURMH QHER FtOH
Ɣ YêKRGQČMãt QHå SĜHGFKR]t ± O]H LKQHG ]tVNiYDW LQIRUPDFH R MHGQRWOLYêFK SRORåNiFK
Ɣ W\SLFNp ]GURMH MVRX NOiYHVQLFH VRXERU D VtĢRYp VSRMHQt
Y SĜtNODGX VH Y\SLVXMt VRXERU\ SRX]H MPpQHP D SRGDGUHViĜH FHORX FHVWRX
Ɣ W\SLFNp FtOH MVRX REUD]RYND VRXERU D VtĢRYp VSRMHQt
)LOH>@ SROR]N\
DGUOLVW)LOHV
IRU LQW L
L SROR]N\OHQJWK L ^
LI SROR]N\>L@LV)LOH
WUXH ^
6\VWHPRXWSULQWOQSROR]N\>L@JHW1DPH
`
HOVH ^
6\VWHPRXWSULQWOQSROR]N\>L@JHW&DQRQLFDO3DWK
`
`
Ŷ ]iNODGQt YODVWQRVWt SURXGX GDW MH åH ÄWHþH VSRMLWČ YSĜHG³
Ɣ QHQt PRåQp VH YUDFHW QHER SĜHVNDNRYDW GRSĜHGX
Ƈ SUDNWLFN\ Y]DWR W\WR PRåQRVWL ]PČQ\ SRĜDGt GDW SRWĜHEXMHPH PiORNG\
Ŷ SRGUREQRVWL R SURXGHFK GDW YL] Y QDYD]XMtFtFK SĜHGPČWHFK
Ɣ ]GH EXGRX XYHGHQ\ SRX]H QHMQXWQČMãt SR]QDWN\ SRWĜHEQp N SUDNWLFNpPX SRXåtYiQt
Ɣ RPH]tPH VH SRX]H QD VRXERURYp ,2
Y\StãH QDSĜ
3URXGRYê YVWXS D YêVWXS V Y\XåLWtP SURVWĜHGNĤ
RSHUDþQtKR V\VWpPX
EW[W
'?SSD?SUHGQDVN\SULSUDYD??LPDJHV
SSD[PO
'?SSD?SUHGQDVN\SULSUDYD??Y\MLPN\
Ŷ WDWR PRåQRVW QHQt SĜtOLã ]QiPi E\Ģ MH YHOPL XåLWHþQi
Ɣ GĤYRGHP PDOp ]QDORVWL MH YãHREHFQp SRXåtYiQt SURJUDPĤ V *8, *UDSKLFDO 8VHU ,QWHUIDFH ± JUDILFNp
XåLYDWHOVNp UR]KUDQt
Ŷ DQLå E\ SURJUDP PČO FRNROLY VH VRXERU\ VSROHþQpKR MH PRåQp ] YQČMãNX SURJUDPX VQDGQR ]DĜtGLW VRX
ERURYê YVWXS D YêVWXS
Ɣ XåLYDWHO WRKR GRViKQH VSXãWČQtP SURJUDPX VSHFLiOQtP ]SĤVREHP W]Y SĜHVPČURYiQtP ,2
3R]QiPND
7RWR MH RSDNRYiQt MLå Y\ORåHQp SUREOHPDWLN\ =GH MH XYHGHQR DE\ LQIRUPDFH R SUiFL VH VRXERU\
E\OD NRPSOHWQt QD MHGQRP PtVWČ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW '?SSD!MDYD 3UHVPHURYDQL2SHUDFQL6\VWHP ! Y\VWXSW[W
3ĜtNODG 3URJUDP SUDFXMtFt SRX]H V NOiYHVQLFt D REUD]RYNRX
LPSRUW MDYDXWLO
REVDK VRXERUX Y\VWXSW[W
SXEOLF FODVV 3UHVPHURYDQL2SHUDFQL6\VWHP ^
6FDQQHU VF
QHZ 6FDQQHU6\VWHPLQ
6\VWHPRXWSULQW=DGHM SUYQL FLVOR LQW D
VFQH[W,QW
6\VWHPRXWSULQW=DGHM GUXKH FLVOR LQW E
VFQH[W,QW
LQW VXPD
D E
6\VWHPRXWSULQWOQVXPD
VXPD
`
`
=DGHM SUYQL FLVOR =DGHM GUXKH FLVOR VXPD
Ŷ RED GYD SĜtSDG\ O]H VSRMLW WM ]GURMHP MH YVWXSW[W D FtOHP MH Y\VWXSW[W
Ɣ REVDK\ RERX VRXERUĤ MVRX VWHMQp MDNR Y SĜHGFKR]tFK SĜtSDGHFK
'?SSD!MDYD 3UHVPHURYDQL2SHUDFQL6\VWHP YVWXSW[W ! Y\VWXSW[W
3URXGRYê YVWXS D YêVWXS V Y\XåLWtP NQLKRYHQ -DY\
Ŷ Y WRPWR SURJUDPX QHQt DQL Qi]QDN SUiFH VH YVWXSQtPL QHER YêVWXSQtPL VRXERU\
Ɣ WULN MH DOH Y WRP åH SURJUDP QHþWH SĜtPR ] NOiYHVQLFH DOH ]H 6\VWHPLQ NWHUê MH SURVWĜHGN\ RSHUDþ
QtKR V\VWpPX SR VSXãWČQt QDSRMHQ QD NOiYHVQLFL
Ɣ VWHMQČ WDN YêVWXS QHQt SĜtPR QD REUD]RYNX QHDGUHVXMH VH JUDILFNi NDUWD DOH GR 6\VWHPRXW NWHUê
MH RSČW SURSRMHQ SRPRFt RSHUDþQtKR V\VWpPX QD REUD]RYNX
Ŷ SRNXG WHQWR SURJUDP VSXVWtPH ] SĜtND]RYp ĜiGN\ VWDQGDUGQtP ]SĤVREHP GRVWDQHPH QDSĜ
Ŷ SĜHVPČURYiQt YVWXSX L YêVWXSX O]H SURYpVW L SURJUDPRYČ
Ɣ WR Pi QDSĜ YêKRGX åH Y\ORXþtPH PRåQp FK\E\ þL RP\O\ SĜL VSRXãWČQt QDãHKR SURJUDPX QH]NXãHQêP
XåLYDWHOHP NWHUê E\ ]DSRPQČO QD SĜtND] SĜHVPČURYiQt
3ĜHVPČURYiQt YVWXSX
Ŷ N SĜHVPČURYiQt YVWXSX Y\XåLMHPH VNXWHþQRVW åH WĜtGD 6FDQQHU Pi QČNROLN SĜHWtåHQêFK NRQVWUXNWRUĤ
'?SSD!MDYD 3UHVPHURYDQL2SHUDFQL6\VWHP
Ɣ W\ XPRåĖXMt VWDQRYLW ]GURM GDW SUR REMHNW 6FDQQHUX
Ɣ QHMþDVWČML MVRX WR W\WR ]GURMH
Ƈ NOiYHVQLFH
Ŷ SRNXG VL XYČGRPtPH åH ]GURM GDW QHPXVt EêW NOiYHVQLFH DOH VRXERU QDSĜ V Qi]YHP YVWXSW[W MH
PRåQp Y\XåtW SĜtND] RSHUDþQtKR V\VWpPX D SĜL VSXãWČQt XUþLW åH ]GURMHP GDW QHQt NOiYHVQLFH DOH WHQWR
VRXERU
QHZ 6FDQQHU6\VWHPLQ
Ƈ VRXERU
REVDK VRXERUX YVWXSW[W
6FDQQHU VF
QHZ 6FDQQHUQHZ )LOHYVWXSW[W
Ɣ ]ĤVWiYi ]DFKRYiQD KODYQt YêKRGD SĜHVPČURYiQt
QRYp VSXãWČQt SURJUDPX V SĜHVPČURYiQtP YVWXSX
Ƈ EH] RKOHGX QD WR RGNXG GDWD VNXWHþQČ SĜLWpNDMt MH WR GiQR SRþiWHþQtP QDVWDYHQtP 6FDQQHUX MH
QiVOHGXMtFt SUiFH V QDþtWiQtP KRGQRW VWiOH VWHMQi
'?SSD!MDYD 3UHVPHURYDQL2SHUDFQL6\VWHP YVWXSW[W
± SRXåtYiPH VWiOH VWHMQê SĜtND] QDSĜ LQW D
SURJUDP QHþHNi QD YVWXS\ ] NOiYHVQLFH DOH QDþWH MH ]H VRXERUX YVWXSW[W
VFQH[W,QW
9êVWUDKD
Ŷ WHQWêå SRVWXS IXQJXMH L SUR YêVWXS NWHUê O]H SĜHVPČURYDW QDSĜ GR VRXERUX V Qi]YHP Y\VWXSW[W
QRYp VSXãWČQt SURJUDPX V SĜHVPČURYiQtP YêVWXSX
Ɣ SĜHVPČUXMt VH YãHFKQ\ YêSLV\ WHG\ L SRPRFQp YêSLV\ SUR ]DGiQt SUYQtKR D GUXKpKR þtVOD WDNåH þtVOD
] NOiYHVQLFH PXVtPH ]DGiYDW EH] Y\SVDQp QiSRYČG\ ]GH þtVOD D 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 6FDQQHU VF
ýWHPHOL SRPRFt 6FDQQHUX UHiOQi þtVOD PĤåH L SĜL þWHQt ]H VRXERUX QDVWDW SUREOpP V SRXåLWêP
GHVHWLQQêP RGGČORYDþHP W]Q þiUND YHUVXV WHþND ěHãHQtP MH QDSĜ SRXåtW VFXVH/RFD
OH/RFDOH86 ± YL] GĜtYH
HOVH ^
VF
QHZ 6FDQQHU6\VWHPLQ
NODYHVQLFH
WUXH
`
3ĜtNODG 6WHMQê SURJUDP MDNR SĜHGFKR]t MHQ V MLQêP QDVWDYHQtP 6FDQQHUX
LPSRUW MDYDXWLO
LPSRUW MDYDLR
`
FDWFK([FHSWLRQ H ^
HSULQW6WDFN7UDFH
`
UHWXUQ NODYHVQLFH
SXEOLF FODVV 3UHVPHURYDQL93URJUDPX9VWXS ^
SXEOLF VWDWLF YRLG PDLQ6WULQJ>@ DUJV WKURZV ,2([FHSWLRQ ^
6FDQQHU VF
6\VWHPRXWSULQW=DGHM SUYQL FLVOR LQW D
VFQH[W,QW
6\VWHPRXWSULQW=DGHM GUXKH FLVOR LQW E
VFQH[W,QW
LQW VXPD
D E
VXPD
`
`
`
ERROHDQ NODYHVQLFH
]DMLVWL=GURM9VWXSX
LI NODYHVQLFH
WUXH ^
6\VWHPRXWSULQW=DGHM SUYQL FLVOR `
LQW D
VFQH[W,QW
LI NODYHVQLFH
WUXH ^
6\VWHPRXWSULQW=DGHM GUXKH FLVOR `
LQW E
VFQH[W,QW
LQW VXPD
D E
VXPD
`
Ŷ DE\ E\OR PRåQp SURJUDP SĜHORåLW E\OR RSURWL SĜHGFKR]tPX SURJUDPX QDYtF QXWQp
Ɣ LPSRUWRYDW NQLKRYQX EDOtN SDFNDJH YVWXSĤ D YêVWXSĤ SĜtND]HP
LPSRUW MDYDLR
Ɣ RãHWĜLW YêMLPNX NWHUi PĤåH Y]QLNQRXW WtP åH XYHGHQê VRXERU QHPXVt H[LVWRYDW
Ƈ ]GH YêMLPNX RãHWĜXMHPH QHMSULPLWLYQČMãtP ]SĤVREHP WM GHNODUDFt
`
SXEOLF VWDWLF YRLG PDLQ6WULQJ>@ DUJV WKURZV ,2([FHSWLRQ ^
Ŷ Y PHWRGČ ]DMLVWL=GURM9VWXSX VH
Ƈ MLQp ]SĤVRE\ YL] GĜtYH
Ɣ Y SĜtSDGČ H[LVWHQFH VRXERUX YVWXSW[W QDVWDYt REMHNW 6FDQQHU QD WHQWR VRXERU
Ŷ SR VSXãWČQt SURJUDPX GRVWiYiPH
'?SSD!MDYD 3UHVPHURYDQL93URJUDPX9VWXS
] NODYHVQLFH
Ɣ Y SĜtSDGČ åH VRXERU YVWXSW[W QHH[LVWXMH QDVWDYt VH 6FDQQHU QD YVWXS ] NOiYHVQLFH
Ɣ PHWRGD SOQČ RãHWĜXMH YêMLPN\ WDNåH V QLPL ÄQHREWČåXMH³ YRODMtFt PHWRGX
Ɣ PHWRGD YUDFt ERROHRYVNRX SURPČQRX V KRGQRWRX WUXH SRNXG MH YVWXS ] NOiYHVQLFH
Ŷ QD YêVWXSX MH YLGČW GUREQi YDGD QD NUiVH D WR ]E\WHþQp Yê]Y\ XåLYDWHOL DE\ ]DGDO þtVOD
Ƈ WDWR KRGQRWD SDN PĤåH EêW SRXåLWD SUR ÄRGILOWURYiQt³ SĜHE\WHþQêFK SRN\QĤ SUR XåLYDWHOH Y SĜtSDGČ
YVWXSX ]H VRXERUX
Ɣ W\ O]H RGVWUDQLW PQRKD ]SĤVRE\ QDSĜ
LPSRUW MDYDXWLO
LPSRUW MDYDLR
Ŷ SRNXG þWHPH VRXERU R NWHUpP QHYtPH MDN MH GORXKê PĤåHPH SUR WHVW NRQFH VRXERUX SRXåtW PHWRG\
Ɣ ERROHDQ KDV1H[W ± H[LVWXMH GDOãt ĜHWČ]HF"
SXEOLF FODVV 3UHVPHURYDQL93URJUDPX9VWXS/HSVL ^
VWDWLF ILQDO 6WULQJ -0(12B628%258
YVWXSW[W
VWDWLF 6FDQQHU VF
Ɣ ERROHDQ KDV1H[W,QW ± H[LVWXMH GDOãt FHOp þtVOR"
Ɣ ERROHDQ KDV1H[W'RXEOH ± H[LVWXMH GDOãt UHiOQp þtVOR"
SXEOLF VWDWLF ERROHDQ ]DMLVWL=GURM9VWXSX ^
ERROHDQ NODYHVQLFH
WUXH
WU\ ^
)LOH I
QHZ )LOH-0(12B628%258
LI IH[LVWV
WUXH ^
VF
QHZ 6FDQQHUI
]H VRXERUX
NODYHVQLFH
IDOVH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ ERROHDQ KDV1H[W/LQH ± H[LVWXMH GDOãt ĜiGND"
SRXåLWt YL] GiOH
3ĜHVPČURYiQt YêVWXSX
Ŷ X SĜHVPČURYiQt YêVWXSX GR VRXERUX QHQt VLWXDFH WDN MHGQRGXFKi MDNR Y SĜtSDGČ YVWXSX
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ Y\SLVXMHPH MLQRX MD]\NRYRX NRQVWUXNFt QHå 6\VWHPRXWSULQWOQ
Ɣ [PO ± WH[WRYp VRXERU\ SUR SODWIRUPRYČ QH]iYLVORX YêPČQX GDW
Ƈ SRXåtYiPH MHQ PHWRGX SULQWOQ
Ɣ L W\WR VRXERU\ O]H þtVW Y\WYiĜHW D PČQLW OLERYROQêPL WH[WRYêPL HGLWRU\
Ŷ WH[WRYp VRXERU\ MVRX RUJDQL]RYiQ\ SR ĜiGFtFK
Ɣ MH WR YODVWQČ UHJXOpUQt SUiFH VH VRXERUHP
Ɣ ĜiGN\ PRKRX PtW UĤ]QRX GpONX
Ɣ FHOê SULQFLS DOH IXQJXMH SRGREQČ MDNR X YVWXSX
Ƈ NRQþt GRPOXYHQêPL ]QDNHP\ NWHUê MH SODWIRUPRYČ ]iYLVOê
Ƈ QD ]DþiWNX LQLFLDOL]XMHPH W\S FtOH D SDN MHGQRWQêP ]SĤVREHP ]DSLVXMHPH
SSULQWOQVXPD
± :LQGRZV ± GYRMLFH &5!/)! ?U?Q
VXPD
± /LQX[ ± /)! ?Q
Ƈ SR XNRQþHQt ]iSLVX GR VRXERUX MH YKRGQp VRXERU X]DYĜtW YROiQtP PHWRG\ FORVH
± 0DFLQWRVK ± &5! ?U
LPSRUW MDYDXWLO
LPSRUW MDYDLR
Ŷ YêKRG\ RSURWL ELQiUQtP VRXERUĤP
SXEOLF FODVV 3UHVPHURYDQL93URJUDPX9\VWXS ^
VWDWLF ERROHDQ REUD]RYND
IDOVH
SXEOLF VWDWLF YRLG PDLQ6WULQJ>@ DUJV WKURZV ([FHSWLRQ ^
6FDQQHU VF
LQW D
VFQH[W,QW
LQW E
VFQH[W,QW
LQW VXPD
D E
3ULQW6WUHDP S
LI REUD]RYND
WUXH ^
S
6\VWHPRXW
`
HOVH ^
S
QHZ 3ULQW6WUHDPY\VWXSW[W
`
SSULQWOQVXPD
VXPD
SFORVH
`
`
Ɣ MH PRåQp MH SURKOtåHW QHER XSUDYRYDW OLERYROQêP WH[WRYêP HGLWRUHP
Ɣ PDMt SRFKRSLWHOQČMãt REVDK
Ŷ QHYêKRG\ RSURWL ELQiUQtP VRXERUĤP
Ɣ VWHMQp PQRåVWYt LQIRUPDFH ]DEtUi YČWãLQRX YtFH PtVWD
Ɣ SRPDOHMãt ]SUDFRYiYiQt ± LQIRUPDFH VH PXVt SĜHNyGRYDW GR] SRþtWDþRYpKR NyGRYiQt
&69 VRXERU\
Ŷ MH WR VSHFLiOQt GUXK WH[WRYêFK VRXERUĤ ± FRPPD VHSDUDWHG YDOXHV
Ŷ SRPČUQČ þDVWR VH SRXåtYDMt MDNR SĜHQRVRYê IRUPiW SUR DSOLNDFH NWHUp SUDFXMt LPSOLFLWQČ V ELQiUQtPL
VRXERU\ ± W\SLFN\ ([FHO
Ŷ MHGQRWOLYp KRGQRW\ MVRX QD MHGQp WH[WRYp ĜiGFH RGGČOHQp þiUNRX FRPPD QHER þDVWČML VWĜHGQtNHP
Ɣ WXWR ĜiGNX O]H SDN VQDGQR UR]GČOLW QD MHGQRWOLYp SRGĜHWČ]FH ± SDUVRYDW
7H[WRYp YHUVXV ELQiUQt VRXERU\
Ɣ SRGUREQRVWL R SDUVRYiQt YL] GiOH
7H[WRYp VRXERU\
%LQiUQt VRXERU\
Ŷ MVRX UHVSHNWLYH ]GDMt VH EêW PQRKHP EČåQČMãt
Ŷ SĜL EČåQpP SRXåtYiQt SRþtWDþĤ MVRX PQRKHP þDVWČMãt
Ɣ SĜLSRPtQDMt YVWXS ] NOiYHVQLFH D YêVWXS QD REUD]RYNX NWHUp MVRX Wpå WH[WRYp
Ɣ REUi]N\
Ɣ ]GURMRYp NyG\ MVRX Y WH[WRYêFK VRXERUHFK
Ɣ KXGED
Ŷ W\SLFNi XQLYHU]iOQt SĜtSRQD MH W[W
Ɣ ILOP\
Ɣ QHQt WR YãDN åiGQi SRGPtQND DOH GRGUåRYDQi NRQYHQFH
Ɣ WH[W\ YH :RUGX
Ŷ NURPČ WpWR SĜtSRQ\ H[LVWXMH X WH[WRYêFK VRXERUĤ PQRåVWYt GDOãtFK SĜtSRQ NWHUp XGiYDMt ÄVSHFLDOL]DFL³
VRXERUX QDSĜ
Ŷ MHMLFK YQLWĜQt RUJDQL]DFH ]iOHåt QD
Ɣ KWPO ± WH[WRYp VRXERU\ XUþHQp SUR XPtVWČQt QD :::
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ WDEXON\ Y ([FHOX DSRG
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ GRGUåHQt REHFQČ SODWQpKR IRUPiWX
=SUDFRYiQt WH[WRYêFK VRXERUĤ
Ƈ R MDNê IRUPiW VH MHGQi VH SR]Qi ] SĜtSRQ\ VRXERUX ± PS MSJ DYL
3R]QiPND
± SRXåLWt MLQp SĜtSRQ\ YČWãLQRX ]SĤVREt QHþLWHOQRVW VRXERUX E\Ģ MH MHKR REVDK VSUiYQČ
=H VRXERUX VH QDþtWDMt EDMW\ NWHUp VH Y LPSOLFLWQtP NyGRYiQt SĜHY]DWpP ] RSHUDþQtKR V\VWpPX
QDSĜ ZLQGRZV SĜHYiGČMt Y SURJUDPX QD 8QLFRGRYp ]QDN\ W\S FKDU ± SRGUREQRVWL YL] Y
.,9-;7
Ɣ IDQWD]LL MHMLFK WYĤUFH ± SURSULHWiUQt IRUPiW\
Ŷ YêKRG\ RSURWL WH[WRYêP VRXERUĤP
Ɣ SDPČĢRYČ ~VSRUQČMãt
1HMSULPLWLYQČMãt ]SĤVRE
Ɣ U\FKOHMãt ]SUDFRYiQt
Ŷ SUR þWHQt SRXåLMHPH WĜtGX )LOH5HDGHU
Ɣ LQVWDQFL WĜtG\ W]Q RWHYĜHQt VRXERUX SUR þWHQt QDSĜ WH[WW[W MH PRåQp SURYpVW GYRMtP ]SĤVREHP
Ŷ QHYêKRG\ RSURWL WH[WRYêP VRXERUĤP
Ɣ SUR NDåGê REHFQČ ]QiPê IRUPiW MH ]DSRWĜHEt VSHFLiOQt SURKOtåHþ DQHER HGLWRU
Ƈ X WH[WRYêFK VRXERUĤ VWDþt SRX]H MHGHQ REOtEHQê HGLWRU
QHZ )LOH5HDGHUQHZ )LOHWH[WW[W
)LOH5HDGHU IU
QHZ )LOH5HDGHUWH[WW[W
þDVWČMãt ]SĤVRE
Ɣ QDSURVWi QHþLWHOQRVW Y SĜtSDGČ QHGRNXPHQWRYDQêFK SURSULHWiUQtFK IRUPiWĤ
Ɣ ]H VRXERUX PĤåHPH þtVW
=SUDFRYiQt VRXERUĤ Y -DYČ
Ƈ MHGQRWOLYp ]QDN\ LQW UHDG
3R]QiPND
± VNXWHþQČ þWH ]QDN\ L NG\å MH YUDFt MDNR W\S LQW ± WR NYĤOL XNRQþHQt þWHQt
%XGHPH VH ]DEêYDW SRX]H SURXGRYČ RULHQWRYDQêPL SRVWXS\ ]SUDFRYiQt VRXERUĤ 6RXERU\ V QiKRG
QêP SĜtVWXSHP YL] Y OLWHUDWXĜH WĜtGD 5DQGRP$FFHVV)LOH VWHMQČ MDNR SURXGRYČ RULHQWRYDQi SUiFH
V URXURX DSRG
Ƈ SROH ]QDNĤ LQW UHDGFKDU>@ SROH
WHQWR ]SĤVRE QHQt GREUp SRXåtYDW ± YåG\ SĜHþWH WROLN ]QDNĤ NROLN MH UR]VDK SROH
Ŷ SODWt ]iVDG\ åH
± QDþWHQp SROH ]QDNĤ VH SDN þDVWR SĜHYiGt QD 6WULQJ SĜtND]HP
Ɣ VRXERU SUR YVWXS L YêVWXS MH QXWQp SĜHG SUYQtP SRXåLWtP RWHYĜtW
6WULQJ V
Ƈ QH]E\WQp SĜLþHPå RWHYĜHQt QHQt SĜtND] W\SX
)LOH I
)LOH5HDGHU IU
QHZ 6WULQJSROH
Ƈ 3R]RU Y WpWR MHGQRGXFKp SRGREČ QHQt PRåQp SĜHþtVW QDMHGQRX FHORX ĜiGNX ± YL] GiOH
QHZ )LOHYVWXSW[W
Ɣ þWHQt Då GR NRQFH VRXERUX
Ɣ SR SRVOHGQtP SRXåLWt X]DYĜtW
Ƈ WHVWXMHPH QiYUDWRYRX KRGQRWX NWHUi ]QDPHQi NRQHF VRXERUX
Ƈ QHQt QXWQp GRGUåHW UHVSHNWLYH SĜHNODGDþL QHYDGt DOH KUR]t ]WUiWD GDW
LQW F
ZKLOH F
IUUHDG ^
6\VWHPRXWSULQWFKDU F
`
Ŷ -DYD RGOLãXMH ]SUDFRYiQt WH[WRYêFK VRXERUĤ D ELQiUQtFK VRXERUĤ
Ɣ SUR NDåGê W\S GiYi MLQp SURVWĜHGN\ RYãHP V SRGREQêP FKRYiQtP
Ɣ ]iOHåt MHQ QD SURJUDPiWRURYL ]GD MH VSUiYQČ SRXåLMH
Y\SLV SUHFWHQHKR ]QDNX QD REUD]RYNX
Ɣ X]DYĜHQt VRXERUX
Ŷ YãHFKQ\ WĜtG\ MVRX Y EDOtNX MDYDLR NWHUê LPSRUWXMHPH SĜtND]HP
FORVH
LPSRUW MDYDLR
Ɣ SĜL FHOpP ]SUDFRYiQt MH WĜHED RãHWĜLW YêMLPNX W\SX ,2([FHSWLRQ
Ŷ Y QDSURVWp YČWãLQČ SĜtSDGĤ VH PXVtPH SRVWDUDW R RãHWĜHQt YêMLPHN
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜtNODG ýWHQt VRXERUX SR ]QDFtFK D MHMLFK NRQWUROQt YêSLV QD REUD]RYNX
3ĜtNODG =iSLV ]QDNĤ D ĜHWČ]FH GR VRXERUX
LPSRUW MDYDLR
LPSRUW MDYDLR
SXEOLF FODVV &WHQL6RXERUX3R=QDFLFK ^
WU\ ^
)LOH5HDGHU IU
LQW F
ZKLOH F
IUUHDG ^
6\VWHPRXWSULQWFKDU F
`
IUFORVH
`
FDWFK ,2([FHSWLRQ H ^
HSULQW6WDFN7UDFH
6\VWHPH[LW
`
`
`
SXEOLF FODVV =DSLV'R6RXERUX=QDN\ ^
WU\ ^
)LOH:ULWHU IZ
QHZ )LOH:ULWHU]DSLVW[W
FKDU F
$
IZZULWHF
IZZULWHKRM OLGL?Q
6WULQJ V
MDN VH PDWH?U?Q
IZZULWHV
IZFORVH
`
HSULQW6WDFN7UDFH
6\VWHPH[LW
`
`
`
3R]QiPND
Ɣ WHQWR ]SĤVRE Pi QHYêKRGX åH VH PXVtPH SRVWDUDW R RGĜiGNRYiQt D QDYtF L R VSUiYQRX NRPELQDFL
]QDNĤ QD NRQFL ĜiGN\
7HQWR SULPLWLYQt ]SĤVRE MH YKRGQê SRX]H Y SĜtSDGČ åH FKFHPH þtVW VRXERU SR ]QDFtFK &KFHPH
OL þtVW IRUPiWRYDQČ þtVOD MH YKRGQp SRXåtW MLå ]QiPê 6FDQQHU QHER ]SĤVRE XYHGHQê GiOH
Ƈ Y SUYQtP SĜtSDGČ MH ĜiGND XNRQþHQD SRX]H ?Q FRå YH :LQGRZV PĤåH ]SĤVRELW Y QČNWHUêFK HGLWRUHFK
SRWtåH
Ŷ SUR ]iSLV SRXåLMHPH WĜtGX )LOH:ULWHU
Ɣ LQVWDQFL WĜtG\ W]Q RWHYĜHQt VRXERUX SUR ]iSLV QDSĜ ]DSLVW[W MH PRåQp SURYpVW GYRMtP ]SĤVREHP
)LOH:ULWHU IZ
QHZ )LOH:ULWHUQHZ )LOH]DSLVW[W
)LOH:ULWHU IZ
QHZ )LOH:ULWHU]DSLVW[W
Ƈ Y GUXKpP SĜtSDGČ MH XNRQþHQD ?U?Q FRå MH VSUiYQČ SUR :LQGRZV DOH QDGE\WHþQČ SUR /LQX[
Ƈ V\VWpPRYp ĜHãHQt YL] GiOH
Ɣ Yê]QDPQi QHYêKRGD WRWRKR SULPLWLYQtKR ]SĤVREX MH åH QHXPRåĖXMH HOHJDQWQt ]iSLV þtVHO
Ƈ þtVOD W\SX LQW L GRXEOH VH PXVHMt SĜHG ]iSLVHP SĜHYpVW QD 6WULQJ QDSĜ
þDVWČMãt ]SĤVRE
IZZULWH L
Ɣ GR VRXERUX PĤåHPH ]DSLVRYDW
Ƈ HOHJDQWQČMãt ĜHãHQt YL] GiOH
Ƈ MHGQRWOLYp ]QDN\ YRLG ZULWHLQW F
Ƈ ĜHWH]HF YRLG ZULWH6WULQJ VWU
9\OHSãHQê ]SĤVRE
Ƈ R RGĜiGNRYiQt VH PXVtPH SRVWDUDW VDPL
Ŷ QDG XYHGHQêP SULPLWLYQtP ]SUDFRYiQtP O]H VQDGQR ÄY\VWDYČW QDGVWDYEX³ NWHUi SUiFL VH VRXERU\ ]SĜt
MHPQt
FORVH
Ɣ SRXåLMt VH GRSOĖNRYp WĜtG\ W]Y ILOWU\ QHER YODVWQRVWL
Ƈ EXIIHURYiQt ± WĜtG\ %XIIHUHG5HDGHU D %XIIHUHG:ULWHU
± Yê]QDPQČ XU\FKOXMt ]SUDFRYiQt VRXERUĤ SRXåLWtP Y\URYQiYDFt SDPČWL EXIIHU
± %XIIHUHG5HDGHU XPRåĖXMH þWHQt SR ĜiGFtFK SĜLþHPå ]QDN\ RGĜiGNRYiQt ?Q QHER ?U?Q DX
WRPDWLFN\ RGĜH]iYi
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW PHWRGD 6WULQJ UHDG/LQH
3ĜtNODG ýWHQt VRXERUX V FHOêPL þtVO\ QiVREHQt WČFKWR þtVHO GYČPD D ]DSViQt
YêVOHGNĤ GR VRXERUX
Y SĜtSDGČ åH MLå QHQt FR þtVW WM NRQHF VRXERUX YUDFt QXOO
LPSRUW MDYDXWLO
LPSRUW MDYDLR
3R]QiPND
7ĜtGD 6FDQQHU GiYi VWHMQp QHER YČWãt PRåQRVWL þWHQt MDNR %XIIHUHG5HDGHU DOH WD MH
DVL NUiW U\FKOHMãt 3UR þWHQt NUiWNêFK VRXERUĤ O]H DOH EH] SUREOpPĤ SRXåtYDW MLå ]QiPê
6FDQQHU
± %XIIHUHG:ULWHU XPRåĖXMH WUDQVSDUHQWQt ]iSLV NRQFH ĜiGN\ ± ]YROt VH SRGOH DNWXiOQt SODWIRUP\
PHWRGD YRLG QHZ/LQH
3R]QiPND
3RNXG SRXåtYiPH YêVWXSQt IRUPiWRYiQt MH WDWR PHWRGD QDKUD]HQD ]QiPRX PHWRGRX
SULQWOQ
Ƈ YêVWXSQt IRUPiWRYiQt ± WĜtGD 3ULQW:ULWHU
± GiYi N GLVSR]LFL ]QiPp PHWRG\ SULQW SULQWOQ D IRUPDW
3R]QiPND
9VWXSQt IRUPiWRYiQt WM SĜHYRG ĜHWČ]FĤ QD þtVOLFH MH ]GH ]DMLãĢRYiQR SRPRFt ]QiPp WĜtG\
6FDQQHU
Ɣ ]SĤVRE ]DSRMHQt WĜtG YODVWQRVWt
SXEOLF FODVV &WHQL$=DSLV&LVHO'R6RXERUX ^
WU\ ^
6FDQQHU VF
QHZ 6FDQQHUQHZ )LOHFLVODW[W
3ULQW:ULWHU SZ
QHZ 3ULQW:ULWHU
QHZ %XIIHUHG:ULWHU
QHZ )LOH:ULWHUQDVREN\W[W
ZKLOH VFKDV1H[W,QW
WUXH ^
LQW L
VFQH[W,QW
SZSULQWOQL `
VFFORVH
SZFORVH
`
HSULQW6WDFN7UDFH
6\VWHPH[LW
`
`
`
Ŷ VRXERU SUR ]iSLV Pi SĜLGDQp YODVWQRVWL
Ƈ Y NRQVWUXNWRUHFK VH SRVWXSQČ Y\WYiĜHMt REMHNW\ YãHFK ]DLQWHUHVRYDQêFK WĜtG
Ɣ EXIHURYiQt ± NYĤOL U\FKORVWL
Ɣ IRUPiWRYDQê ]iSLV ± NYĤOL HOHJDQFL SĜHYRGX FHOêFK þtVHO QD ĜHWČ]HF D MHMLFK ]iSLVX
Ŷ L VRXERU SUR þWHQt VH GRSRUXþXMH X]DYĜtW ± VFFORVH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜtNODG 7HQWêå SĜtNODG ± U\FKOp þWHQt
3ĜtNODG 3ĜtNODG QD SĜHYHGHQt VRXERUX QD YHONi StVPHQD SR ĜiGFtFK
LPSRUW MDYDLR
LPSRUW MDYDLR
SXEOLF FODVV &WHQL$=DSLV&LVHO'R6RXERUX5\FKOH ^
WU\ ^
%XIIHUHG5HDGHU EIU
QHZ %XIIHUHG5HDGHU
QHZ )LOH5HDGHUFLVODW[W
SXEOLF FODVV &WHQL$=DSLV5HWH]FX'R6RXERUX ^
WU\ ^
%XIIHUHG5HDGHU EIU
QHZ %XIIHUHG5HDGHU
3ULQW:ULWHU SZ
QHZ 3ULQW:ULWHU
QHZ %XIIHUHG:ULWHU
QHZ )LOH:ULWHUQDVREN\W[W
3ULQW:ULWHU SZ
6WULQJ UDGND
ZKLOH UDGND
EIUUHDG/LQH QXOO ^
LQW L
,QWHJHUSDUVH,QWUDGND
SZSULQWOQL `
EIUFORVH
SZFORVH
QHZ 3ULQW:ULWHU
QHZ %XIIHUHG:ULWHU
QHZ )LOH:ULWHUYHON\WH[WW[W
6WULQJ UDGND
ZKLOH UDGND
EIUUHDG/LQH UDGND
UDGNDWR8SSHU&DVH
SZSULQWOQUDGND
`
EIUFORVH
SZFORVH
`
HSULQW6WDFN7UDFH
6\VWHPH[LW
`
QXOO ^
`
HSULQW6WDFN7UDFH
6\VWHPH[LW
`
`
`
`
`
Ŷ VRXERU SUR þWHQt Pi SĜLGDQRX YODVWQRVW EXIHURYiQt
Ŷ PHWRGD UHDG/LQH RGVWUDQt ]QDN\ NRQFH ĜiGN\
Ŷ QDþtWiPH FHORX ĜiGNX QD NWHUp MH DOH MHQ MHGQR þtVOR
Ŷ PHWRGD SULQWOQ MH WDP ]DVH SĜLGi
Ɣ WR SDN PXVtPH SĜHYpVW ] ĜHWČ]FH QD W\S LQW DE\ E\OR PRåQp SURYpVW DULWPHWLFNRX RSHUDFL QiVREHQt
Ŷ WHQWR SURJUDP MH R QČFR PiOR NRPSOLNRYDQČMãt QHå SĜHGFKR]t DOH DVL NUiW U\FKOHMãt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ W\WR SRVWXS\ MVRX YKRGQp MHQ SUR QHMMHGQRGXããt ãNROQt SĜtSDG\
3ĜtNODG 3ĜtNODG WUDQVSDUHQWQtKR ĜHãHQt GHVHWLQQpKR RGGČORYDþH
Ŷ SĜL SRXåtYiQt 6FDQQHUX QDVWiYDO\ SUREOpP\ V GHVHWLQQêP RGGČORYDþHP WHþND YHUVXV þiUND ± YHUVXV Ƈ Y SĜtSDGČ YêVN\WX SUREOpPX YêMLPN\ MH QD NRQ]ROL Y\SViQ FK\ERYê YêSLV HSULQW6WDFN7UDFH
D SURJUDP MH XNRQþHQ 6\VWHPH[LW
± MH WĜHED VL DOH XYČGRPLW åH RWHYĜHQê VRXERU VH QHX]DYĜH SRPRFt FORVH SURWRåH WDWR þiVW
NyGX Y WU\ MLå QHSUREČKQH
Ɣ WHQWR SUREOpP O]H HOHJDQWQČ ĜHãLW QDþWHQtP þtVOD ] WH[WRYpKR YVWXSX MDNR ĜHWČ]FH
Ƈ SDN Y ĜHWČ]FL SURYHGHPH ]iPČQX þiUN\ ]D WHþNX
WR DOH QHQt IDNWLFN\ SUREOpP SURWRåH 6\VWHPH[LW ]DUXþXMH åH PLPR MLQp X]DYĜH YãHFKQ\
RWHYĜHQp VRXERU\
Ƈ ĜHWČ]HF SĜHYHGHPH QD GRXEOH þtVOR
Ɣ WRWR ĜHãHQt O]H XSODWQLW MDN SUR 6FDQQHU WDN L SR )LOH5HDGHU
Ŷ SURJUDPXMHPHOL VORåLWČMãt SURJUDP QHQt PRåQp WHQWR SRVWXS SRXåtW
SXEOLF VWDWLF GRXEOH SUHYHG6WULQJ V ^
V
VUHSODFH
GRXEOH G
'RXEOHSDUVH'RXEOHV
UHWXUQ G
`
SXEOLF VWDWLF YRLG PDLQ6WULQJ>@
WU\ ^
6WULQJ V
6FDQQHU VF
QHZ 6FDQQHUQHZ
V
VFQH[W/LQH
6\VWHPRXWSULQWOQV !
V
VFQH[W/LQH
6\VWHPRXWSULQWOQV !
VFFORVH
%XIIHUHG5HDGHU EIU
QHZ
QHZ )LOH5HDGHUQHZ
V
EIUUHDG/LQH
6\VWHPRXWSULQWOQV V
EIUUHDG/LQH
6\VWHPRXWSULQWOQV EIUFORVH
` SURJUDP Pi Y QDSURVWp YČWãLQČ JUDILFNp XåLYDWHOVNp UR]KUDQt *8, NGH QHQt YêSLV QD NRQ]ROL YĤEHF
YLGČW
SURJUDP MH VORåLWê D QHFKFHPH DE\ SĜL QHQDOH]HQpP VRXERUX RNDPåLWČ VNRQþLO
Ɣ VStãH FKFHPH DE\ PRKO XåLYDWHO QD SUREOpP UHDJRYDW QDSĜ YROERX MLQpKR VRXERUX
DUJV ^
YãHFKQ\ RWHYĜHQp VRXERU\ MH QXWQR X]DYĜtW MLQDN GRFKi]t N SRVWXSQpPX Y\þHUSiYiQt ]GURMĤ D FHOê
SURJUDP VH QČNG\ ]KURXWt
)LOHGHVHWLQQ\RGGW[W
ĜHãHQt SUREOpPX V *8,
SUHYHGV
Ŷ SUR YêSLV FK\E\ SRXåLMHPH YêSLV GR RNpQND PtVWR YêSLVX QD NRQ]ROL
SUHYHGV
Ŷ SRXåtYiPH VWDWLFNRX PHWRGX VKRZ0HVVDJH'LDORJ WĜtG\ MDYD[VZLQJ-2SWLRQ3DQH NWHUi
Pi þW\ĜL SDUDPHWU\
D RGND] QD QDGĜD]HQRX NRPSRQHQWX ± W\SLFN\ MHM QHY\XåtYiPH SURWR MH QXOO
%XIIHUHG5HDGHU
)LOHGHVHWLQQ\RGGW[W
! SUHYHGV
E YODVWQt ]SUiYD ± W\SLFN\ ML ]tVNiPH YêSLVHP ]H ]DFK\FHQp YêMLPN\ SRPRFt HJHW/RFDOL]HG
0HVVDJH
! SUHYHGV
F WLWXOHN RNQD ± W\SLFN\ ĜHWČ]HF &K\ED SĜL SUiFL VH VRXERUHP
G W\S RNQD ± XUþXMH VH NRQVWDQWRX W\SLFN\ -2SWLRQ3DQH(5525B0(66$*(
-2SWLRQ3DQHVKRZ0HVVDJH'LDORJ
QXOO
HJHW/RFDOL]HG0HVVDJH
&K\ED SĜL SUiFL VH VRXERUHP
-2SWLRQ3DQH(5525B0(66$*(
`
Ŷ Y\StãH QDSĜ
!
!
!
!
SĜL FK\EQČ ]DGDQpP Qi]YX VRXERUX ]GH EOERVWW[W ]REUD]t RNpQNR
2ãHWĜHQt YêMLPHN D X]DYtUiQt VRXERUX
3R]QiPND
3RX]H SUR ]iMHPFH
Ŷ SĜHGFKR]t D L QiVOHGXMtFt XNi]N\ VH ] GĤYRGĤ MHGQRGXFKRVWL SĜtOLã QH]DEêYDMt SUREOHPDWLNRX RãHWĜHQt
YêMLPHN D X]DYtUiQt VRXERUX
ĜHãHQt SUREOpPX RNDPåLWpKR XNRQþHQt SURJUDPX
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW HJHW/RFDOL]HG0HVVDJH
&K\ED SĜL SUiFL VH VRXERUHP
-2SWLRQ3DQH(5525B0(66$*(
Ŷ RNDPåLWp XNRQþHQt SURJUDPX SRPRFt 6\VWHPH[LW E\OR YKRGQp SURWRåH Y SĜtSDGČ YêMLPN\
QHE\OD QDþWHQD SRåDGRYDQi GDWD D QHPČOR WHG\ VP\VO Y SURJUDPX GiOH SRNUDþRYDW
Ŷ Y UR]ViKOêFK SURJUDPHFK DOH SRXåLMHPH ]SĤVRE GHNODUDFH YêMLPN\ W]Q MHMtKR SĜHGiQt YêãH QHå
RãHWĜHQt YêMLPN\ SRPRFt WU\±FDWFK
`
ILQDOO\ ^
LI EIU QXOO ^
X]DYtUiQt VRXERUX SRNXG E\O SĜHGWtP RWHYĜHQ
WU\ ^
EIUFORVH
`
FDWFK ,2([FHSWLRQ H[ ^
WKURZ QHZ 5XQWLPH([FHSWLRQH[
`
`
LI REVDK6RXERUXOHQJWK
^
XNRQþHQt SURJUDPX SRNXG QHE\OD QDþWHQD åiGQi GDWD
6\VWHPH[LW
`
UHWXUQ REVDK6RXERUX
`
Ɣ QDGĜD]HQi ~URYHĖ VH SDN PXVt SRVWDUDW R QiSUDYX
Ɣ WRWR MH SĜHYOiGDMtFt SRVWXS X YtFHYUVWYêFK SURJUDPĤ D QHPi QLF VSROHþQpKR V OHQRVWt SURJUDPiWRUD
NWHUê StãH NyG SUDFXMtFt VH VRXERUHP
ĜHãHQt SUREOpPX QHX]DYĜHQpKR VRXERUX
Ŷ Y\XåLMHPH NRQVWUXNFL WU\±FDWFK±ILQDOO\ YL] GĜtYH YêMLPN\ NGH VRXERU ]DYtUiPH Y þiVWL ILQDOO\
NWHUi PXVt YåG\ SUREČKQRXW
Ɣ MH ]GH PDOi QHSĜtMHPQRVW ± SĜL X]DYtUiQt VRXERUX PHWRGRX FORVH MH RSČW QXWQp RãHWĜLW YêMLPNX
þLOL NRQVWUXNFH WU\ VH ]DQRĜXMt
Ƈ SĜL UHDNFL QD ]DFK\FHQRX YêMLPNX Y EORNX FDWFK VH SRXåtYi ]PČQD W\SX YêMLPN\ QD 5XQWLPH
([FHSWLRQ ± YL] GĜtYH
`
9DURYiQt
SXEOLF VWDWLF ILQDO YRLG PDLQ6WULQJ>@ DUJV ^
6WULQJ WH[W
9ãHFKQD WĜL GRVXG SRSVDQi ĜHãHQt VH GDMt SRXåtYDW Y NRPELQDFtFK VSROHþQČ -H DOH QXWQp UR]YiåLW
FR YODVWQČ RG SURJUDPX FKFHPH D ]YROLW YKRGQRX NRPELQDFL
WH[W
SUHFWL2EVDK6RXERUXGDWDW[W
6\VWHPRXWSULQWOQWH[W
3ĜtNODG QDþtWiQt REVDKX VRXERUX GR MHGQRKR ĜHWČ]FH NWHUê MH PHWRGRX YUiFHQ 3RNXG VH SĜL þWHQt Y\VN\WQH
FK\ED MH R WRP XåLYDWHO LQIRUPRYiQ Y QRYpP RNpQNX 3RNXG E\O VRXERU RWHYĜHQ MH YåG\ L X]DYĜHQ Y EORNX
ILQDOO\ 3ĜtSDGQê SUREOpP V X]DYtUiQtP VRXERUX MH ĜHãHQ Y\KR]HQtP 5XQWLPH YêMLPN\ NWHURX QHQt
QXWQp GiOH QLMDN RãHWĜRYDW
WH[W
SUHFWL2EVDK6RXERUXEOERVWW[W
6\VWHPRXWSULQWOQWH[W
`
LPSRUW MDYDLR
LPSRUW MDYD[VZLQJ-2SWLRQ3DQH
`
SXEOLF FODVV &WHQL6RXERUX ^
=SUDFRYiQt &69 VRXERUĤ ± SDUVRYiQt ĜHWČ]FĤ
3R]QiPND
SXEOLF VWDWLF 6WULQJ SUHFWL2EVDK6RXERUX6WULQJ MPHQR6RXERUX ^
6WULQJ REVDK6RXERUX
%XIIHUHG5HDGHU EIU
QXOO
WU\ ^
EIU
QHZ %XIIHUHG5HDGHU
QHZ )LOH5HDGHU
QHZ )LOHMPHQR6RXERUX
6WULQJ UDGND
QXOO
ZKLOH UDGND
EIUUHDG/LQH REVDK6RXERUX UDGND
`
3RX]H SUR ]iMHPFH
Ŷ ĜHãtPH SUREOpP NG\ YH YVWXSQtP VRXERUX MH QD MHGQp ĜiGFH QČNROLN þtVHO REHFQČ KRGQRW
Ɣ QHMþDVWČMãt RGGČORYDþH MVRX
Ƈ PH]HUD QHER PH]HU\
QXOO ^
Ƈ VWĜHGQtN QHER þiUND ± þDVWR VRXERU\ V SĜtSRQRX FVY &RPPD 6HSDUDWHG 9DOXHV
Ƈ GYRMWHþND
`
FK\ERYp RNpQNR
-2SWLRQ3DQHVKRZ0HVVDJH'LDORJ
QXOO
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ QDþWHPH FHORX ĜiGNX MDNR ĜHWČ]HF
Ɣ MH MHGQRGXããt UR]GČOLW ĜHWČ]HF QD MHGQRWOLYp SRGĜHWČ]FH SDUVRYDW Y SURJUDPX QHå MHM SRVWXSQČ QDþtWDW
]H VRXERUX
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ SĜHG SĜHYRGHP MHGQRWOLYêFK þtVOLF MH QXWQp QDþWHQRX ĜiGNX SDUVRYDW
Ɣ WR SUDNWLFN\ ]QDPHQi åH NG\å VL QHMVPH MLVWL YtFHþHWQRVWt RGGČORYDþĤ PXVtPH SDN YH YêVOHGQpP
SROL ĜHWČ]FĤ WHVWRYDW YêVN\W SUi]GQpKR ĜHWČ]FH QDSĜ
Ɣ GĜtYH VH SRXåtYDOD WĜtGD MDYDXWLO6WULQJ7RNHQL]HU
Ɣ MHGQRGXããt ]SĤVRE GQHV RG -'. MH SRXåLWt PHWRG\ VSOLW WĜtG\ 6WULQJ
Ƈ PHWRGD UR]GČOt SĤYRGQt ĜHWČ]HF QD MHGQRWOLYp SRGĜHWČ]FH NWHUp XPtVWt GR YUiFHQpKR SROH ĜHWČ]FĤ
Ƈ SDN VH SRVWXSQČ SĜHYHGRX YãHFKQ\ SRGĜHWČ]FH QD þtVOD
=iNODGQt SRXåLWt VSOLW
Ŷ MHGQRWOLYp SRGĜHWČ]FH MVRX RGGČOHQ\ MHQ MHGQtP XQLNiWQtP GRSĜHGX ]QiPêP ]QDNHP YL] QHMþDVWČMãt
RGGČORYDþH YêãH
6WULQJ UDGND
6WULQJ>@ SRGUHWH]FH
UDGNDVSOLW IRU LQW L
L SRGUHWH]FHOHQJWK L ^
LI SRGUHWH]FH>L@OHQJWK ! ^
LQW FLVOR
,QWHJHUSDUVH,QWSRGUHWH]FH>L@
6\VWHPRXWSULQWOQFLVOR
`
`
Y\StãH
Ŷ RGGČORYDFt ]QDN VH ]DStãH MDNR VNXWHþQê SDUDPHWU PHWRG\ VSOLW
3ĜtNODG 5R]GČOHQt SRGĜHWČ]FĤ RGGČOHQêFK PH]HURX
6WULQJ UDGND
6WULQJ>@ SRGUHWH]FH
UDGNDVSOLW IRU LQW L
6\VWHPRXWSULQWOQ_ SRGUHWH]FH>L@ _
`
Ŷ MHOL Y SĤYRGQtP ĜHWČ]FL QČNWHUê ] RGGČORYDFtFK ]QDNĤ QD VDPpP NRQFL QHER MHOL ]GYRMHQ QD VDPpP
NRQFL QHQt SUi]GQê ĜHWČ]HF VRXþiVWt SROH ĜHWČ]FĤ
6WULQJ UDGND
6WULQJ>@ SRGUHWH]FH
UDGNDVSOLW
Y\StãH
Y\StãH
__
__
__
__
__
__
__
__
] YêSLVX MH YLGČW åH RGGČORYDFt PH]HU\ MVRX ÄSRåUiQ\³
3RXåLWt UHJXOiUQtFK YêUD]Ĥ
Ŷ SUR MLQê RGGČORYDþ MH VLWXDFH DQDORJLFNi
Ŷ ]GH EXGH XNi]iQR SRX]H ]iNODGQt SRXåLWt ± SUR VRILVWLNRYDQp SRXåLWt YL] MDYDXWLOUHJH[3DWWHUQ
6WULQJ UDGND
6WULQJ>@ SRGUHWH]FH
UDGNDVSOLW
Ŷ MHGQRGXããt SĜtSDG MH NG\å MVRX RGGČORYDþH VLFH UĤ]Qp DOH MH MLFK NRQHþQê SRþHW MVRX NRQNUpWQČ SĜHGHP
]QiP\
Ŷ MHOL Y SĤYRGQtP ĜHWČ]FL QČNWHUê ] RGGČORYDFtFK ]QDNĤ ]GYRMHQ EXGH YêVOHGNHP SUi]GQê ĜHWČ]HF
6WULQJ UDGND
6WULQJ>@ SRGUHWH]FH
Ɣ SDN VH YãHFKQ\ SRWHQFLiOQt RGGČORYDþH Y\Stãt GR KUDQDWêFK ]iYRUHN
UDGNDVSOLW Ƈ QD MHMLFK SRĜDGt QH]iOHåt
Ƈ SRNXG EXGH QČMDNê RGGČORYDþ QDYtF QHYDGt WR
Y\StãH
6WULQJ UDGND
6WULQJ>@ SRGUHWH]FH
UDGNDVSOLW> !@
IRU LQW L
6\VWHPRXWSULQWOQ_ SRGUHWH]FH>L@ _
`
__
__
__
__
__
Y\StãH ]QDN ! QHE\O Y SĤYRGQtP ĜHWČ]FL D SURWR QHE\O SRXåLW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW __
__
__
__
± ?S^%ODQN` ± PH]HUD D WDEXOiWRU
± ?S^6SDFH` ± EtOp ]QDN\ ± PH]HUD WDEXOiWRU &5! /)! QRYi VWUiQND
± ?S^&QWUO` ± ĜtGtFt ]QDN\ ± ?[ Då ?[)
9DURYiQt
± ?S^*UDSK` ± YLGLWHOQp ]QDN\ ± ?S^$OQXP` D ?S^3XQFW`
6QDåtPH VH XYiGČW FR QHMPHQãt SRþHW PRåQêFK RGGČORYDþĤ SURWRåH QČNWHUp ]QDN\ PRKRX PtW
Y UHJXOiUQtFK YêUD]HFK MLQê Yê]QDP 7\SLFNêP SUREOpPRYêP ]QDNHP MH ]QDN WHþND
± ?S^3ULQW` ± WLVNQXWHOQp ]QDN\ ± ?S^*UDSK` D PH]HUD
± ?S^$6&,,` ± YãHFKQ\ $6&,, ]QDN\ WM VHGPLELWRYp ]QDN\
6WULQJ UDGND
VRXERUW[W
6WULQJ>@ SRGUHWH]FH
UDGNDVSOLW>@
Ƈ 3R]RU SĜL SRXåLWt YH ]GURMRYpP NyGX MH QXWQR ]GYRMLW ~YRGQt ]SČWQp ORPtWNR
VSUiYQp SRXåLWt NWHUp Y\StãH
Ƈ SRXåLWt RGGČORYDþĤ ] NDWHJRULH ?S^3XQFW`
_VRXERU_
_W[W_
6WULQJ UDGND
VRXERUW[W
6WULQJ>@ SRGUHWH]FH
UDGNDVSOLW??S^3XQFW`
QHVSUiYQp SRXåLWt EH] KUDQDWêFK ]iYRUHN MH
Ƈ SRXåLWt RGGČORYDþĤ ] NDWHJRULH ?S^$OSKD`
6WULQJ UDGND
VRXERUW[W
6WULQJ>@ SRGUHWH]FH
UDGNDVSOLW
6WULQJ UDGND
D$
6WULQJ>@ SRGUHWH]FH
UDGNDVSOLW??S^$OSKD`
WR QHY\StãH QLF SURWRåH WHþND Pi Yê]QDP ÄMDNêNROLY ]QDN³ WDNåH MVRX YãHFKQ\ ]QDN\ YVWXSQtKR
ĜHWČ]FH SRYDåRYiQ\ ]D RGGČORYDþH D ÄSRåHURX³ VH
Y\StãH
Ŷ NRPSOLNRYDQČMãt SĜtSDG MH NG\å GRSĜHGX QH]QiPH NRQNUpWQt ]QDN\ DOH SRX]H MHMLFK NDWHJRULH
__
__
__
Ɣ Y SRGVWDWČ Då ]GH E\ VH PČOR POXYLW R UHJXOiUQtFK YêUD]HFK
Ɣ ]QDN\ VWHMQp NDWHJRULH O]H ]DGDW MDNR MHGHQ YêUD]
Ƈ Y GRNXPHQWDFL N MDYDXWLOUHJH[3DWWHUQ MH XYHGHQR SĜHKOHGQČ SČW UĤ]QêFK REODVWt VNXSLQ
]QDNĤ SOXV GDOãt PRåQRVWL
Ƈ SUR EČåQp SRXåLWt VWDþt SRX]H MHGQD REODVW ± 326,; FKDUDFWHU FODVVHV
± 3R]RU QD WR åH IXQJXMt MHQ SUR ]QDNRYRX VDGX 86$6&,, WM QH QD DNFHQWRYDQi StVPHQD ± YL]
SR]GČML
3R]QiPND
5HJXOiUQt YêUD]\ VH QHSRXåtYDMt MHQ SUR SDUVRYiQt ĜHWČ]FĤ DOH ]D VWHMQêFK SRGPtQHN QDSĜ L SUR
Y\KOHGiYiQt Y]RUĤ Y ĜHWČ]FL ± YL] PHWRGX 6WULQJPDWFKHV
=SUDFRYiQt ELQiUQtFK VRXERUĤ
3R]QiPND
Ƈ SĜHKOHG PRåQRVWt 326,; FKDUDFWHU FODVVHV
± ?S^/RZHU` ± PDOi StVPHQD
3RX]H SUR ]iMHPFH
± ?S^8SSHU` ± YHONi StVPHQD
=H VRXERUX VH QDþtWDMt EDMW\ 1HSUREtKi åiGQi NRQYHU]H ± EDMW Y VRXERUX MH WHQWêå EDMW Y SURJUDPX
± ?S^$OSKD` ± PDOi D YHONi StVPHQD
2PH]tPH VH MHQ QD ELQiUQt VRXERU\ VORåHQp ] GDW SULPLWLYQtFK GDWRYêFK W\SĤ QLNROLY REMHNWĤ
9ãHFKQD GDWD MVRX Y SRĜDGt ELJHQGLDQ ± YL] SR]GČML
± ?S^'LJLW` ± þtVOLFH
Ŷ ELQiUQt VRXERU\ þWHPH D Y\WYiĜtPH Y ]DþiWFtFK SURJUDPRYiQt PiORNG\
± ?S^;'LJLW` ± KH[DGHFLPiOQt þtVOLFH
Ŷ SODWt YHOPL SRGREQp SRVWXS\ MDNR X WH[WRYêFK VRXERUĤ MHQ VH SRXåtYDQp WĜtG\ MLQDN MPHQXMt
± ?S^$OQXP` ± PDOi D YHONi StVPHQD D þtVOLFH
± ?S^3XQFW` ± LQWHUSXQNFH ± OLERYROQê ]H ]QDNĤ !"#>?@ABC^_`a
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ SRXåtYDW SULPLWLYQt ]SĤVRE QHPi SUDNWLFN\ Yê]QDP ± MH QXWQp VRXþDVQČ SRXåtW WĜtGX YODVWQRVWt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ NOtþRYp MVRX WĜtG\
=iNODGQt WĜtG\
Ɣ 'DWD,QSXW6WUHDP ± þWHQt SULPLWLYQtFK GDWRYêFK W\SĤ
Ŷ SUR þWHQt SRXåLMHPH WĜtGX )LOH,QSXW6WUHDP
Ɣ LQVWDQFL WĜtG\ W]Q RWHYĜHQt VRXERUX SUR þWHQt QDSĜ GDWDELQ MH PRåQp SURYpVW GYRMtP ]SĤVREHP
)LOH,QSXW6WUHDP ILV
QHZ )LOH,QSXW6WUHDPQHZ )LOHGDWDELQ
)LOH,QSXW6WUHDP ILV
QHZ )LOH,QSXW6WUHDPGDWDELQ
± LQW UHDG,QW ± SĜHþWH MHGHQ LQW
± GRXEOH UHDG'RXEOH ± SĜHþWH MHGHQ GRXEOH
± D GDOãt VWHMQČ Yê]QDPRYČ SRMPHQRYDQp PHWRG\
þDVWČMãt ]SĤVRE
Ƈ SRNXG MLå Y VRXERUX QHQt FR þtVW Y\KD]XMt W\WR PHWRG\ YêMLPNX (2)([FHSWLRQ
Ɣ ]H VRXERUX PĤåHPH þtVW
± WRKR VH Y\XåtYi N XNRQþHQt þWHQt VRXERUX QH]QiPp GpON\
Ƈ MHGQRWOLYp EDMW\ LQW UHDG
þWHQt SURYiGtPH Y QHNRQHþQpP F\NOX NWHUê MH XNRQþHQ RãHWĜHQtP YêMLPN\ (2)([FHSWLRQ
± VNXWHþQČ þWH EDMW\ L NG\å MH YUDFt MDNR W\S LQW ± WR NYĤOL XNRQþHQt þWHQt
Ɣ 'DWD2XWSXW6WUHDP ± ]iSLV SULPLWLYQtFK GDWRYêFK W\SĤ
Ƈ SROH EDMWĤ LQW UHDGE\WH>@ SROH
Ƈ GiYi N GLVSR]LFL PHWRG\
YåG\ SĜHþWH WROLN EDMWĤ NROLN MH UR]VDK SROH
± YRLG ZULWH,QWLQW L ± ]DStãH MHGHQ LQW MDNR SRVORXSQRVW þW\Ĝ EDMWĤ
± YRLG ZULWH'RXEOHGRXEOH G ± ]DStãH MHGHQ GRXEOH
FORVH
± D GDOãt VWHMQČ Yê]QDPRYČ SRMPHQRYDQp PHWRG\
Ŷ MH WĜHED VL XYČGRPLW åH ]iOHåt MHQ QD SURJUDPiWRURYL ]GD VPtFKi UĤ]Qp SULPLWLYQt GDWRYp W\S\ GR MHGQRKR
VRXERUX
Ŷ SUR ]iSLV SRXåLMHPH WĜtGX )LOH2XWSXW6WUHDP
Ɣ LQVWDQFL WĜtG\ W]Q RWHYĜHQt VRXERUX SUR ]iSLV QDSĜ Y\VWXSQLGDWDELQ MH PRåQp SURYpVW GYRMtP
]SĤVREHP
)LOH2XWSXW6WUHDP
WDELQ
Ƈ GiYi N GLVSR]LFL PHWRG\
IRV
)LOH2XWSXW6WUHDP IRV
QHZ
)LOH2XWSXW6WUHDPQHZ
)LOHY\VWXSQLGD
Ɣ SRNXG DQR PXVt VH Y QČP Y\]QDW D QHMOpSH WHQWR VRXERU LKQHG ]GRNXPHQWRYDW
Ɣ YKRGQČMãt MH DE\ E\O ELQiUQt VRXERU VORåHQ MHQ ] GDW VWHMQpKR W\SX
QHZ )LOH2XWSXW6WUHDPY\VWXSQLGDWDELQ
þDVWČMãt ]SĤVRE
Ɣ GR VRXERUX PĤåHPH ]DSLVRYDW VP\VOXSOQČ SRX]H MHGQRWOLYp EDMW\ YRLG ZULWHLQW E
FORVH
7ĜtG\ YODVWQRVWt
Ŷ SRXåtYiPH MLå ]QiPp EXIHURYiQt ± ]GH MHQ SUR ]YêãHQt U\FKORVWL SUiFH VH VRXERU\
Ɣ %XIIHUHG,QSXW6WUHDP
Ɣ %XIIHUHG2XWSXW6WUHDP
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜtNODG =iSLV þtVHO GR ELQiUQtKR VRXERUX
3ĜtNODG ýWHQt þtVHO ] ELQiUQtKR VRXERUX D YêSRþHW MHMLFK VXP\
LPSRUW MDYDLR
Ŷ Y SURJUDPX MVRX SRXåLW\ GYD YQRĜHQp EORN\ WU\FDWFK
Ɣ YQČMãt EORN MH SUR MLå ]QiPp RãHWĜHQt YMLPN\ W\SX ,2([FHSWLRQ ± QHQDOH]HQt VRXERUX FK\ED SĜL
þWHQt DSRG
SXEOLF FODVV =DSLV%LQ&LVHO'R6RXERUX ^
VWDWLF ILQDO LQW 0$;
Ƈ WDWR YêMLPND VH SUDYGČYGČSRGREQČ QLNG\ QHY\VN\WQH SURWR ML QLMDN ]YOiãĢ QHRãHWĜXMHPH
WU\ ^
'DWD2XWSXW6WUHDP GRV
QHZ 'DWD2XWSXW6WUHDP
QHZ %XIIHUHG2XWSXW6WUHDP QHZ )LOH2XWSXW6WUHDPWHVWRYDFLFLVODELQ
IRU LQW L
L GRVZULWH,QWL
`
GRVFORVH
0$;
Ɣ YQLWĜQt EORN RãHWĜXMH YêMLPNX W\SX (2)([FHSWLRQ
Ƈ WDWR YêMLPND VH Y\VN\WQH YåG\ ± SĜL GRVDåHQt NRQFH VRXERUX SURWR Y Qt PĤåHPH X]DĜtW VRXERU D
Y\SVDW ]iYČUHþQê YêVOHGHN
L ^
LPSRUW MDYDLR
SXEOLF FODVV &WHQL%LQ&LVHO=H6RXERUX ^
'DWD,QSXW6WUHDP GLV
QXOO
WU\ ^
GLV
QHZ 'DWD,QSXW6WUHDP
QHZ %XIIHUHG,QSXW6WUHDP QHZ )LOH,QSXW6WUHDPWHVWRYDFLFLVODELQ
`
HSULQW6WDFN7UDFH
`
`
`
ORQJ VXPD
WU\ ^
ZKLOH WUXH ^
VXPD GLVUHDG,QW
`
`
FDWFK (2)([FHSWLRQ H ^
GLVFORVH
6\VWHPRXWSULQWOQVXPD VXPD
`
Ŷ VRXERU SUR ]iSLV Pi SĜLGDQp YODVWQRVWL
Ɣ ELQiUQt ]iSLV ± NYĤOL PRåQRVWL ]iSLVX GDWRYpKR W\SX LQW GR VRXERUX
`
HSULQW6WDFN7UDFH
`
`
`
Ŷ VRXERU SUR þWHQt Pi SĜLGDQp YODVWQRVWL
Ɣ ELQiUQt ]iSLV ± NYĤOL PRåQRVWL þWHQt GDWRYpKR W\SX LQW ]H VRXERUX
3RURYQiQt U\FKORVWt ]SUDFRYiQt WH[WRYêFK D ELQiU
QtFK VRXERUĤ
Ŷ EXGHPH þtVW VRXERU\ REVDKXMtFt FHOi þtVOD RG GR 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ WH[WRYê VRXERU WHVWRYDFLFLVODW[W Pi NDåGp þtVOR QD VDPRVWDWQp ĜiGFH D YHOLNRVW %
Ƈ þWHPH SRPRFt
.DSLWROD 9\KOHGiYiQt Y SROL
2EHFQp LQIRUPDFH
6FDQQHU
Ŷ þDVWR Y\NRQiYDQi þLQQRVW
%XIIHUHG5HDGHU
Ŷ KOHGiPH ]GD VH SUYHN XUþLWp KRGQRW\ Wpå SUYHN V NOtþHP QDOp]i Y SROL V YêVOHGNHP
Ɣ ELQiUQt VRXERU WHVWRYDFLFLVODELQ REVDKXMH þtVOD W\SX LQW D Pi YHOLNRVW %
Ɣ QČNG\ VWDþt SRX]H LQIRUPDFH W\SX WUXH IDOVH
Ƈ þWHPH SRPRFt %XIIHUHG,QSXW6WUHDP
Ɣ YČWãLQRX DOH SRåDGXMHPH L LQGH[ QDOH]HQpKR SUYNX
Ŷ Y RERX VRXERUHFK MH VWHMQp PQRåVWYt LQIRUPDFH SRX]H MLQDN ]DNyGRYDQp
Ŷ PiPH PRåQRVWL
Ŷ ] WČFKWR þtVHO EXGHPH SRþtWDW MHMLFK VXPX NWHUi PXVt EêW YåG\ SUYHN QHQt Y SROL ± MH WĜHED R QHQDOH]HQt LQIRUPRYDW QČMDNRX GRPOXYHQRX KRGQRWRX
Ŷ SRNXV\ E\O\ SURYiGČQ\ QD 3HQWLXP &HQWULQR *+]
Ɣ þDVWR KRGQRWD ± FRå QHPĤåH EêW SRXåLWê LQGH[
þWHQt SRPRFt
W\S VRXERUX
þDV >PVHF@
6FDQQHU
W[W
%XIIHUHG5HDGHU
W[W
%XIIHUHG,QSXW6WUHDP
ELQ
SUYHN MH Y SROL SUiYČ MHGQRX
SUYHN MH Y SROL YtFHNUiW
Ŷ SROH O]H UR]OLãRYDW SRGOH
RUJDQL]DFH SROH
D QHXVSRĜiGDQp ± WDN MDN SUYN\ SRVWXSQČ SĜLFKi]HO\
E XVSRĜiGDQp ± SĜHG Y\KOHGiYiQtP SUREČKOR VHĜD]HQt SROH
]DSOQČQt SROH
D ]DSOQČQp MHQ þiVWHþQČ ± QČNWHUp SUYN\ QD NRQFL SROH QHMVRX SRXåLW\
E ]FHOD ]DSOQČQp
3R]QiPND
3ULQFLS\ Y\KOHGiYiQt MVRX SRPČUQČ MHGQRGXFKp %XGRX DOH XYiGČQ\ SRGUREQČ SURWRåH QD QLFK O]H
XNi]DW QČNWHUp WHFKQLN\ SURJUDPRYiQt þL DOJRULWPL]DFH
1HXVSRĜiGDQp SROH
Ŷ SROH SURKOHGiYiPH YåG\ VHNYHQþQČ ± RG SUYQtKR SUYNX Y SRĜDGt
3R]QiPND
3RNXG QDOH]QHPH Y\KRYXMtFt SUYHN KOHGiQt NRQþt EH] RKOHGX QD WR ]GD VH Y SROL PRKRX GiOH Y\
VN\WRYDW SUYN\ VH VWHMQRX KRGQRWRX ěHãHQt RSDNXMtFtKR VH YêVN\WX EXGH XYHGHQR GiOH
3ROH QHQt ]FHOD ]DSOQČQp
Ŷ YåG\ SĜHGSRNOiGiPH åH QHY\XåLWp SUYN\ MVRX QD NRQFL SROH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW `
HOVH ^
6\VWHPRXWSULQWOQQHQL
`
Ŷ LQIRUPDFH R WRP NROLN SUYNĤ SROH MH DNWXiOQČ SRXåLWR PĤåH EêW
Ɣ ]QiPRX KRGQRWRX LQGH[X NRQFRYpKR SUYNX
Ƈ YêKRGQê D EČåQČ SRXåtYDQê ]SĤVRE
`
Ƈ GYČ PRåQRVWL LQGH[X
Y PDLQ VH REČ PHWRG\ SRXåLMt SUR ]FHOD ]DSOQČQp SROH
± QDSRVOHG\ SRXåLWê QHMY\ããt
LQW>@ SROH&HOH
^ `
LQW Y\V
LQW SUYHN
Y\V
QDOH]QL3UYHNSROH&HOH SUYHN SROH&HOHOHQJWK
Y\SLV9\VOHGHNSROH&HOH SUYHN Y\V
SUYHN
Y\V
QDOH]QL3UYHNSROH&HOH SUYHN SROH&HOHOHQJWK
± SUYQt QHSRXåLWê ± YêKRG\
XNRQþRYDFt SRGPtQND MH GOH ]Y\NX QLNROLY PHWRG\ O]H SRXåtW L SUR FHOp SROH NG\ NRQFRYê LQGH[ MH SROHOHQJWK
Ƈ Y\VN\WXMH VH L Y NQLKRYQiFK -DY\ ]iVDGQČ YH YHU]L ÄSUYQt QHSRXåLWê³
D Y\StãH VH
Ƈ Y SĜtNODGX Y SRGPtQFH F\NOX IRU QHPXVt EêW GYRMLWi SRGPtQND W\SX
L NRQFRY\,QGH[ SROH>L@ 3UYHN V KRGQRWRX Y SROL
> @
MH QD LQGH[X 3UYHN V KRGQRWRX Y SROL
> @
QHQL
KRGQRWD
SURWRåH SĜL QDOH]HQpP YêVN\WX SUYNX MH F\NOXV RNDPåLWČ RSXãWČQ SRPRFt SĜtND]X UHWXUQ
ILQDO VWDWLF LQW 1(863(&+
QDOH]QH SUYQL Y\VN\W SUYNX Y SROL
#SDUDP SROH SURKOHGDYDQH SROH
#SDUDP KRGQRWD KOHGDQD KRGQRWD
#SDUDP NRQFRY\,QGH[ SUYQL QHY\X]LW\ LQGH[
#UHWXUQ XO!
OL! LQGH[ QDOH]HQHKR SUYNX Y SULSDGH XVSHFKXOL!
OL! 1(863(&+ Y SULSDGH QHXVSHFKXOL!
XO!
SXEOLF VWDWLF LQW QDOH]QL3UYHNLQW>@ SROH LQW KRGQRWD
LQW NRQFRY\,QGH[ ^
IRU LQW L
L NRQFRY\,QGH[ L ^
LI SROH>L@
KRGQRWD ^
UHWXUQ L
XVSHFK
`
`
UHWXUQ 1(863(&+
QHXVSHFK
`
SRNXG SRXåLMHPH W\WR PHWRG\ QD QH]DSOQČQp SROH MH SRXåLWt YHOPL SRGREQp
Y\WYRUHQL QH]DSOQHQHKR SROH
LQW>@ SROH1HFHOH
QHZ LQW>SROH&HOHOHQJWK @
IRU LQW L
L SROH&HOHOHQJWK L ^
SROH1HFHOH>L@
SROH&HOH>L@
`
LQW QHSRX]LW\,QGH[
SROH&HOHOHQJWK
SUYHN
Y\V
QDOH]QL3UYHNSROH1HFHOH SUYHN QHSRX]LW\,QGH[
Y\SLV9\VOHGHNSROH1HFHOH SUYHN Y\V
SUYHN
Y\V
D Y\StãH VH
3UYHN V KRGQRWRX > MH QD LQGH[X 3UYHN V KRGQRWRX > QHQL
SUR Y\SViQt YêVOHGNX SRXåLMHPH PHWRGX
SXEOLF VWDWLF YRLG Y\SLV9\VOHGHNLQW>@ SROH LQW KRGQRWD
LQW Y\VOHGHN ^
6\VWHPRXWSULQWOQ3UYHN V KRGQRWRX KRGQRWD
Y SROL
LI Y\VOHGHN 1(863(&+ ^
6\VWHPRXWSULQWOQMH QD LQGH[X Y\VOHGHN
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Y SROL
@
Y SROL
@
Ɣ Y\SOQČQtP QHSRXåLWêFK SUYNĤ SROH GRPOXYHQRX KRGQRWRX GiOH NRQVWDQWD 9<3/1
Ƈ WD VH QHVPt Y\VN\WQRXW PH]L SRXåLWêPL SUYN\
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ VWDQRYLW KRGQRWX NRQVWDQW\ 9<3/1 EêYi REWtåQp D þDVHP WR PĤåH EêW ]GURM QHSĜtMHPQêFK FK\E YL]
SUREOpP\ URNX NG\ QHSRXåLWp KRGQRW\ E\O\ 3UYHN V KRGQRWRX Y SROL
> @
QHQL
± þDVWi KRGQRWD MH QDSĜ ,QWHJHU0,1B9$/8(
SRNXG SRXåLMHPH W\WR PHWRG\ QD QH]DSOQČQp SROH MH SRXåLWt YHOPL SRGREQp
Ƈ QHSRXåtYDW SRNXG QHPiPH VNXWHþQČ GREUê GĤYRG
SUR Y\SOQČQt QHSRXåLWêFK þiVWt SROH E\OD SRXåLWD NQLKRYQt PHWRGD
Ƈ Y SRGPtQFH F\NOX IRU YČWãLQRX MH GYRMLWi SRGPtQND W\SX
$UUD\VILOOLQW>@ SROH LQW SRFDWHFQL,QGH[ LQW NRQFRY\,QGH[ LQW Y\SOQ
L SROHOHQJWK SROH>L@ 9<3/1
LQW>@ SROH1HFHOH
IRU LQW L
SROH1HFHOH>L@
SROH&HOH>L@
`
$UUD\VILOOSROH1HFHOH SROH&HOHOHQJWK
SROH1HFHOHOHQJWK 9<3/1
ILQDO VWDWLF LQW 9<3/1
,QWHJHU0,1B9$/8(
EU!
QHSRX]LWH SUYN\ PDML KRGQRWX FRGH!9<3/1FRGH!
#UHWXUQ XO!
XO!
SXEOLF VWDWLF LQW QDOH]QL3UYHNLQW>@ SROH LQW KRGQRWD ^
IRU LQW L
L SROHOHQJWK SROH>L@ 9<3/1 L ^
LI SROH>L@
KRGQRWD ^
UHWXUQ L
XVSHFK
`
`
UHWXUQ 1(863(&+
QHXVSHFK
`
SUYHN
Y\V
QDOH]QL3UYHNSROH1HFHOH SUYHN
SUYHN
Y\V
QDOH]QL3UYHNSROH1HFHOH SUYHN
D Y\StãH VH
3UYHN V KRGQRWRX Y SROL
> @
> @
QHQL
SUR Y\SViQt YêVOHGNX SRXåLMHPH PHWRGX Y\SLV9\VOHGHN ]FHOD VWHMQČ MDNR Y SĜHGFKR]tP SĜt
SDGČ
Y PDLQ VH REČ PHWRG\ SRXåLMt SUR ]FHOD ]DSOQČQp SROH
Ɣ ]DUiåND MH VSHFLiOQt KRGQRWD NWHURX SĜHGHP XORåtPH GR SUYQtKR QHY\XåLWpKR SUYNX SROH
Ɣ SRPRFt Qt VH Y\KQHPH GYRMLWp SRGPtQFH XNRQþHQt F\NOX
LQW>@ SROH&HOH
^ `
LQW Y\V
LQW SUYHN
Y\V
QDOH]QL3UYHNSROH&HOH SUYHN
SUYHN
Y\V
Ɣ QHYêKRG\
Ƈ O]H SRXåtW MHQ SUR QH]DSOQČQp SROH
Ƈ SRXåLWtP ]DUiåN\ SROH PRGLILNXMHPH D SR VNRQþHQt Y\KOHGiYiQt SUYNX MHM QHVPtPH ]DSRPHQRXW
YUiWLW GR SĤYRGQtKR VWDYX
Ɣ QHYêKRG\ SĜHYDåXMt ± SUR SRXåLWt ]DUiåN\ PXVt EêW VNXWHþQČ GREUê GĤYRG
Ɣ ] SĜtNODGX MH YLGČW åH XãHWĜHQt MHGQp SRGPtQN\ MH Y\YiåHQR ]YêãHQRX DGPLQLVWUDWLYRX
D Y\StãH VH
SXEOLF FODVV 9\KOHGDYDQL1HVHUD]HQH=DUD]ND ^
> @
MH QD LQGH[X 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ SRXåLWt ]DUiåN\
3ĜHGQiãN\ .,933$ 3DYHO +HURXW QDOH]QH SUYQL Y\VN\W SUYNX Y SROL
EU!
SUYQL QHSRX]LW\ SUYHN PD GRFDVQH KRGQRWX KOHGDQHKR SUYNX
#UHWXUQ LQGH[ QDOH]HQHKR SUYNX QHER 1(863(&+ SXEOLF VWDWLF LQW QDOH]QL3UYHNLQW>@ SROH LQW KRGQRWD
LQW QHSRX]LW\,QGH[ ^
LQW SRP
SROH>QHSRX]LW\,QGH[@
KRGQRWD QDVWDYHQL ]DUD]N\
LQW L
IRU L
L SROHOHQJWK L ^
LI SROH>L@
KRGQRWD ^
EUHDN
`
`
SRP REQRYHQL SXYRGQL KRGQRW\
LI L
QHSRX]LW\,QGH[ ^
UHWXUQ 1(863(&+
`
UHWXUQ L
XVSHFK
`
3ROH MH ]FHOD ]DSOQČQp
Ŷ QHMþDVWČMãt VWDY
Ŷ RGSDGi QXWQRVW YêSOQČ QHER NRQFRYpKR LQGH[X
Ɣ WtP VH ]MHGQRGXãt MDN Y\KOHGiYDFt PHWRGD WDN L MHMt SRXåLWt
#UHWXUQ XO!
XO!
SXEOLF VWDWLF LQW QDOH]QL3UYHNLQW>@ SROH LQW KRGQRWD ^
IRU LQW L
L SROHOHQJWK L ^
LI SROH>L@
KRGQRWD ^
UHWXUQ L
XVSHFK
`
`
UHWXUQ 1(863(&+
`
LQW Y\VOHGHN ^
`
SUR Y\SViQt YêVOHGNX SRXåLMHPH PHWRGX Y\SLV9\VOHGHN ]FHOD VWHMQČ MDNR Y SĜHGFKR]tFK SĜtSDGHFK
LQW>@ SROH&HOH
^ `
LQW Y\V
LQW SUYHN
LQW>@ SROH1HFHOH
IRU LQW L
SROH1HFHOH>L@
SROH&HOH>L@
`
LQW QHSRX]LW\,QGH[
SROH&HOHOHQJWK
LQW>@ SROH&HOH
^ `
LQW Y\V
LQW SUYHN
Y\V
SUYHN
Y\V
`
SUYHN
Y\V
2SDNXMtFt VH YêVN\W SUYNĤ
SUYHN
Y\V
Ŷ FKFHPHOL LQIRUPDFL R YãHFK VKRGQêFK SUYFtFK MH YêKRGQp DE\ Y\KOHGiYDFt PHWRGD YUDFHOD SROH V LQ
GH[\ QDOH]HQêFK SUYNĤ
`
Ɣ SRXåLMHPH QiYUDWRYRX KRGQRWX QXOO Y SĜtSDGČ åH QHEXGRX QDOH]HQ\ åiGQp YêVN\W\ SUYNX
`
Ƈ QXOO MH NOtþRYp VORYR NWHUp Y WRPWR SĜtSDGČ ĜtNi ÄåiGQp SROH³
QDOH]QH YVHFKQ\ Y\VN\W SUYNX Y SROL
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW #SDUDP SROH SURKOHGDYDQH SROH
#UHWXUQ XO!
OL!SROH LQGH[X QDOH]HQHKR SUYNX Y SULSDGH XVSHFKXOL!
OL!QXOO Y SULSDGH QHXVSHFKXOL!
XO!
SXEOLF VWDWLF LQW>@ QDOH]QL3UYHNLQW>@ SROH LQW KRGQRWD ^
LQW>@ Y\VOHGN\
QHZ LQW>SROHOHQJWK@
LQW SRFHW
IRU LQW L
L SROHOHQJWK L ^
LI SROH>L@
KRGQRWD ^
Y\VOHGN\>SRFHW@
L
SRFHW
`
`
LI SRFHW
^
UHWXUQ QXOO
QHXVSHFK
`
LQW>@ SRP
QHZ LQW>SRFHW@
IRU LQW L
L SRPOHQJWK L ^
SRP>L@
Y\VOHGN\>L@
`
UHWXUQ SRP
XVSHFK
`
Y\V
QDOH]QL3UYHNSROH SUYHN
Y\SLV9\VOHGHNSROH SUYHN Y\V
YLFH Y\VN\WX
LQW>@ SROH
^ `
Y\V
`
Y\StãH
> @
QHQL
> @
MH QD LQGH[HFK >@
> @
MH QD LQGH[HFK > @
8VSRĜiGDQp SROH
3R]QiPND
PHWRGD Y\SLV9\VOHGHN VH PDOLþNR ]PČQt
3UR MHGQRGXFKRVW EXGHPH XYDåRYDW ]FHOD ]DSOQČQp SROH 3RVWXS\ SUR QH]DSOQČQp SROH YL] GĜtYH
SUDNWLFN\ E\ VH DOH SRXåLO MHQ ]SĤVRE V NRQFRYêP LQGH[HP
LQW>@ Y\VOHGHN ^
Y SROL
LI Y\VOHGHN QXOO ^
6\VWHPRXWSULQWOQMH QD LQGH[HFK $UUD\VWR6WULQJY\VOHGHN
`
HOVH ^
`
`
Ŷ SRNXG EXGHPH Y SROL Y\KOHGiYDW þDVWČML D QH]iOHåt QiP QD SĤYRGQtP SRĜDGt YNOiGDQêFK KRGQRW Y\SODWt
VH SROH SĜHG Y\KOHGiYiQtP VHĜDGLW
Ɣ SUYN\ WYRĜt PRQRWRQQt SRVORXSQRVW
3R]QiPND
3ĜHGSRNOiGiPH RSČW ĜD]HQt Y]HVWXSQČ
Ŷ SDN MH QHMXåtYDQČMãt WHFKQLNRX PHWRGD SĤOHQt LQWHUYDOX ]QiPi Wpå MDNR ELQiUQt Y\KOHGiYiQt
Ɣ Y UiPFL NDåGpKR NURNX F\NOX VH UR]SĤOt SURKOHGiYDQê LQWHUYDO
Ɣ YêKRGRX MH åH SUYHN MH QDOH]HQ QHER QHQDOH]HQ GR QHMYêãH ORJSRFHW3UYNX3ROH NURNĤ
SRXåLWt
Ƈ GČOtPHOL SRFHW3UYNX3ROH RSDNRYDQČ SDN SR ORJSRFHW3UYNX3ROH NURFtFK GRVWDQHPH þtVOR
PHQãt QHER URYQR SXEOLF VWDWLF YRLG PDLQ6WULQJ>@ DUJV ^
LQW>@ Y\V
LQW SUYHN
]DGQ\ Y\VN\W
LQW>@ SROH
^ `
Y\V
Ƈ ĜtNiPH åH VORåLWRVW YL] SR]GČML MH ORJDULWPLFNi
Ɣ DOJRULWPXV MH
Ƈ ]MLVWtPH KRGQRWX OHåtFt QD SURVWĜHGQtP LQGH[X
MHGHQ Y\VN\W
LQW>@ SROH
^ `
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ MHOL URYQD KOHGDQp KRGQRWČ F\NOXV NRQþt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Y\V
SXOHQL,QWHUYDOXSROH SUYHN
SUYHN
Y\V
Ƈ MHOL PHQãt KOHGiPH Y OHYp SRORYLQČ
Ƈ MHOL YČWãt KOHGiPH Y SUDYp SRORYLQČ
9êVWUDKD
1HYêKRGRX PHWRG\ MH åH SĜL RSDNXMtFtFK VH KRGQRWiFK SUYNĤ NRQþt SĜL QDOH]HQt OLERYROQpKR Y\KR
YXMtFtKR SUYNX W]Q QH QXWQČ SUYQtKR
RSDNXMLFL VH SUYN\
LQW>@ SROH
^ `
SUYHN
Y\V
QDOH]QH QHMDN\ Y\VN\W SUYNX Y SROL
#UHWXUQ XO!
XO!
SXEOLF VWDWLF LQW SXOHQL,QWHUYDOXLQW>@ SROH LQW KRGQRWD ^
LQW GROQL
LQW KRUQL
SROHOHQJWK ZKLOH GROQL KRUQL ^
LQW VWUHG
GROQL KRUQL LI SROH>VWUHG@ KRGQRWD ^
GROQL
VWUHG `
HOVH LI SROH>VWUHG@ ! KRGQRWD ^
KRUQL
VWUHG `
HOVH ^
UHWXUQ VWUHG
XVSHFK
`
`
UHWXUQ 1(863(&+
QHXVSHFK
`
`
Y\StãH
3UYHN V KRGQRWRX > @
MH QD LQGH[X 3UYHN V KRGQRWRX > @
QHQL
MH QD LQGH[X 3UYHN V KRGQRWRX > @
QHQL
MH QD LQGH[X Y SROL
Y SROL
Y SROL
Y SROL
3UDNWLFNp SRXåLWt
Ŷ PHWRGX SUR ELQiUQt Y\KOHGiYiQt QHEXGHPH SURJUDPRYDW VDPL SURWRåH MH VRXþiVWt NQLKRYHQ -DY\
Ɣ MH ]H WĜtG\ MDYDXWLO$UUD\V D MPHQXMH VH ELQDU\6HDUFK
Ƈ SUYQtP SĜtND]HP PXVt EêW LPSRUW MDYDXWLO
SRXåLWt MH QDSĜ
Ɣ MH SĜHWtåHQD SUR SROH YãHFK SULPLWLYQtFK GDWRYêFK SUYNĤ
OLFK\ SRFHW SUYNX
LQW>@ SROH
^ `
LQW Y\V
LQW SUYHN
Y\V
SUYHN
Y\V
Ɣ SUR W\S LQW Pi KODYLþNX LQW ELQDU\6HDUFKLQW>@ SROH LQW KRGQRWD
Ɣ QiYUDWRYêP W\SHP MH YåG\ W\S LQW V Yê]QDPHP
Ƈ LQGH[ QDOH]HQpKR SUYNX Y SĜtSDGČ ~VSČFKX
Ƈ ]iSRUQp þtVOR Y SĜtSDGČ QH~VSČFKX
± WR Y DEVROXWQt KRGQRWČ GiYi LQGH[ NDP E\ E\O KOHGDQê SUYHN ]DĜD]HQ NG\E\ E\O Y KOHGDQpP
SROL
VXG\ SRFHW SUYNX
LQW>@ SROH
^ `
SUYHN
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Y SROL
± SUDNWLFN\ VH SRXåLMH PiORNG\ D SURWR WHVWXMHPH MHQ QD 3ĜHGQiãN\ .,933$ 3DYHO +HURXW QHQL
> @
> @
QHQL
> @
MH QD LQGH[X Ŷ SĜtNODG SRXåLWt
LPSRUW MDYDXWLO
SXEOLF FODVV 9\KOHGDYDQL%LQDUQL.QLKRYQD ^
LQW Y\VOHGHN ^
Y SROL
LI Y\VOHGHN ! ^
6\VWHPRXWSULQWOQMH QD LQGH[X Y\VOHGHN
`
HOVH ^
`
`
OLFK\ SRFHW SUYNX
LQW>@ SROH
^ `
LQW Y\V
LQW SUYHN
Y\V
$UUD\VELQDU\6HDUFKSROH SUYHN
SUYHN
Y\V
VXG\ SRFHW SUYNX
LQW>@ SROH
^ `
SUYHN
Y\V
SUYHN
Y\V
RSDNXMLFL VH SUYN\
LQW>@ SROH
^ `
SUYHN
Y\V
`
`
9\StãH
> @
> @
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ X WULYLiOQtFK DOJRULWPĤ MH PRåQp ML VWDQRYLW GHWDLOQt DQDOê]RX SURJUDPX
.DSLWROD 6ORåLWRVW NyGRYiQt GDW
3ĜtNODG 8Ni]ND ]MLãWČQt þDVRYp VORåLWRVWL SUR VRXþHW SUYNĤ SROH
9êVWUDKD
VWDWLF LQW VRXFHW3UYNXLQW>@ SROH ^
LQW VXPD
SULUD]HQL S
IRU LQW L
SULUD]HQL S
L SROHOHQJWK SRURYQDQL F
L ^
VRXFHW D SULUD]HQL V S
VXPD SROH>L@
`
UHWXUQ VXPD
`
1iVOHGXMtFt YêNODG MH SRX]H SUDJPDWLFNê ~YRG GR SUREOHPDWLN\ EH] SRGUREQČMãtKR UR]ERUX 0i ]D
~þHO SRX]H SUYRWQt SRFKRSHQt SURþ MVRX GĜtYH XYHGHQp DOJRULWP\ ĜD]HQt WDN PiOR HIHNWLYQt Y SRURY
QiQt V NQLKRYQt PHWRGRX $UUD\VVRUW 3RGUREQê YêNODG YL] Y .,933$
ÒYRGQt LQIRUPDFH
Ŷ SĜL SUDNWLFNp UHDOL]DFL DOJRULWPX MVPH RPH]HQt SURVWĜHGN\ NWHUp PiPH N GLVSR]LFL ]HMPpQD
Ɣ þDVHP
± EXGHPHOL SRYDåRYDW NRPHQWRYDQp LQVWUXNFH ]D RSHUDFH MH þDVRYi VORåLWRVW SUR Q SUYNĤ SROH
Ɣ YHOLNRVWt SDPČWL
&Q
Ŷ VORåLWRVW MH Y]WDK GDQpKR DOJRULWPX N GDQêP SURVWĜHGNĤP
S S Q F Q V S Q V S
± SRNXG EXGHPH SUR ]MHGQRGXãHQt SRYDåRYDW DNFH D SRURYQiYiQt VþtWiQt D SĜLĜD]HQt ]D VWHMQČ
VORåLWp D S F V SDN
Ɣ þDVRYi
Ƈ NDåGp PQRåLQČ YVWXSQtFK GDW SĜLĜD]XMH SRþHW RSHUDFt Y\NRQDQêFK SĜL YêSRþWX SRGOH VWDQRYHQpKR
DOJRULWPX
± þDV VH WHG\ PČĜt SRþWHP QXWQČ SURYHGHQêFK RSHUDFt SĜLþHPå GRED SURYHGHQt RSHUDFH QH]iYLVt
QD UR]VDKX YVWXSQtFK GDW
&Q
D D Q D Q D D Q D D
± EXGHOL DNFH D WUYDW MHGQRWNX þDVX MH VORåLWRVW &Q
DQD
D Q
Q
3ĜtNODG 8Ni]ND ]MLãWČQt þDVRYp VORåLWRVWL SUR VRXþHW SUYNĤ þWYHUFRYp
PDWLFH
Ɣ SDPČĢRYi
Ƈ ]iYLVORVW SDPČĢRYêFK QiURNĤ QD YVWXSQtFK GDWHFK
Ŷ þDVRYi VORåLWRVW EêYi þDVWR SRGFHĖRYiQD SURWRåH
Ɣ Y ]DþiWFtFK SURJUDPRYiQt VH QHVHWNiYiPH V ~ORKDPL V Y\VRNRX þDVRYRX VORåLWRVWt D VRXþDVQČ V
UR]ViKOêPL GDW\
Ɣ ÄWHQWR SRþtWDþ MH SRPDOê SRXåLWtP U\FKOHMãtKR SRþtWDþH VH þDV YêUD]QČ VQtåt³
Ɣ EêYi VQDKD ]U\FKOLW GRVDYDGQt DOJRULWPXV GtOþtPL ~SUDYDPL
Ƈ SURJUDPiWRUVNêP WULNHP QDSĜ SRXåLWt ]DUiåN\ ± YL] GĜtYH XU\FKOHQt R VWDWLF LQW VRXFHW3UYNXLQW>@>@
LQW VXPD
IRU LQW L
L PDWLFHOHQJWK
L ^
IRU LQW M
M PDWLFHOHQJWK M ^
VXPD PDWLFH>L@>M@ `
`
UHWXUQ VXPD
`
PDWLFH ^
SULUD]HQL S
SULUD]HQL S
SRURYQDQL F
SULUD]HQL S
SRURYQDQL F
Ƈ SĜHSViQt QČNWHUêFK þiVWt GR MD]\ND DVHPEOHUX DSRG
± þDVRYi VORåLWRVW SUR þWYHUFRYRX PDWLFL ĜiGX Q
Ɣ ĜHãHQtP DOH MH SRXåtW U\FKOHMãt DOJRULWPXV ± H[LVWXMHOL D ]QiPHOL MHM
&Q
3ĜHVQp ]MLãWČQt VORåLWRVWL
S S Q F Q V S Q S Q F Q V S Q V S
± SR SĜHYHGHQt QD DNFH
&Q
D
Ŷ þDVRYRX VORåLWRVW MH PRåQp VWDQRYLW Y ]iYLVORVWL QD
Ɣ NRQNUpWQtFK GDWHFK
D D Q D Q D D Q D D Q D D Q D Q D D Q D
D DQ QD DQ
Ɣ QD ]iNODGČ UR]VDKX GDW ± PQRKHP þDVWČMãt
D DQ DQ DQ
± EXGHOL DNFH D WUYDW MHGQRWNX þDVX MH &Q
D DQ DQ
Q Q
Ƈ REHFQČ VH ]tVNiYi DQDOê]RX DOJRULWPX ± þDVWR YHOPL VORåLWp
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW IQ
3ĜtNODG 9\SRþWHQp KRGQRW\
Q
SROH
2JQ
SRNXG H[LVWXMH SĜLUR]HQp þtVOR . WDN åH SODWt
PDWLFH >PVHF@
IQ .JQ
Ɣ SUR SĜHGFKR]t SĜtNODG V PDWLFt MH QDSĜ .
Ŷ Y WRPWR ]SĤVREX ]iSLVX NWHUê EXGH GiOH SRXåtYiQ MH WHG\ þDVRYi VORåLWRVW
3ĜtNODG 1DPČĜHQp KRGQRW\ SUR RSDNRYiQt
Ɣ VRXþWX SROH 2Q
Q
SROH
PDWLFH >PVHF@
Ɣ VRXþWX PDWLFH 2Q +UXEê RGKDG VORåLWRVWL SUR WULYLiOQt DOJRULWP\
Ŷ O]H SURYpVW MHGQRGXãH ± NDåGê YQRĜHQê F\NOXV ]Y\ãXMH PRFQLQX VORåLWRVWL R MHGQX
2GKDG VORåLWRVWL
Ɣ VRXþHW SROH ± MHGHQ F\NOXV ± VORåLWRVW 2Q
Ŷ ]SUDYLGOD QiV QH]DMtPDMt NRQNUpWQt SRþW\ RSHUDFt SUR UĤ]Qp UR]VDK\ YVWXSQtFK GDW Q DOH WHQGHQFH MHMLFK
UĤVWX SĜL ]YČWãXMtFtP VH Q
Ɣ SDN O]H YêUD]\ XGiYDMtFt VORåLWRVW YêUD]QČ ]MHGQRGXãLW
Ɣ VRXþHW PDWLFH ± GYD F\NO\ ± VORåLWRVW 2Q Ŷ SR]RU QD WR åH VORåLWRVW MH RGYR]HQD RG DOJRULWPX QLNROLY RG FKDUDNWHUX GDW
Ɣ YãHFKQ\ WĜL GĜtYH XYHGHQp ĜDGLFt DOJRULWP\ ]SUDFRYiYDO\ SROH DOH PČO\ GYD F\NO\
Ƈ ]DQHGEiPH DGLWLYQt NRQVWDQW\ X SĜHGFKR]tKR SĜtNODGX SROH X PDWLFH Ƈ X YãHFK MH VORåLWRVW 2Q Ƈ ]DQHGEiPH PXOWLSOLNDWLYQt NRQVWDQW\ X SROH X PDWLFH D Ƈ ]DQHGEiYiPH VNXWHþQRVW åH YQLWĜQt F\NOXV E\O YåG\ SRVWXSQČ ]NUDFRYiQ
Ƈ ]DQHGEiPH YãHFKQ\ VORåN\ V QLåãtP ĜiGHP UĤVWX QHå QHMY\ããtP X SROH WDNRYp QHMVRX X PDWLFH
Q
Ɣ X SROH MH &Q
Ɣ X PDWLFH MH &Q
Ŷ X Y\KOHGiYiQt SĤOHQtP LQWHUYDOX MVPH VH VHWNDOL VH VORåLWRVWt 2ORJ Q ± VORåLWRVW MH ORJDULWPLFNi
3R]QiPND
Q ± VORåLWRVW MH OLQHiUQt
'iOH EXGH SRXåtYiQ ]iSLV ORJ Q YH VP\VOX ORJ Q
Q ± VORåLWRVW MH NYDGUDWLFNi
Ŷ V GDOãt VORåLWRVWt MVPH VH VHWNDOL X PHWRG\ $UUD\VVRUW
3ĜtNODG 9\SRþWHQp KRGQRW\ SR ]MHGQRGXãHQt
Ɣ SRXåtYi DOJRULWPXV W\SX 4XLFN6RUW QHER 0HUJH6RUW VH VORåLWRVWt 2Q ORJ Q
Q
SROH
PDWLFH >PVHF@
Ɣ SRGUREQČ Y .,933$
3UDNWLFNê Yê]QDP VORåLWRVWL
Ŷ WDEXOND XND]XMH GRE\ YêSRþWX SUR UĤ]Qp VORåLWRVWL D SRþW\ SUYNĤ ]D SĜHGSRNODGX åH MHGQD RSHUDFH WUYi
MHGQX QDQRVHNXQGX VHF FRå MH SĜL U\FKORVWL GQHãQtFK SURFHVRUĤ *+] VSOQLWHOQp
2EHFQČ SRXåtYDQp Y\MiGĜHQt VORåLWRVWL
Ŷ þDVRYRX VORåLWRVW Y\MDGĜXMHPH SRPRFt DV\PSWRWLFNp QRWDFH
Ɣ R GYRX IXQNFtFK I D J GHILQRYDQêFK QD PQRåLQČ SĜLUR]HQêFK þtVHO D V QH]iSRUQêP RERUHP KRGQRW Ĝt
NiPH
ÄI URVWH ĜiGRYČ QHMYêãH WDN U\FKOH MDNR J³
VORåLWRVW Q
ORJ Q
QV
QV
QV
QV
QV
QV
QV
Q
QV
QV
QV
QV
QV
ȝV
ȝV
Q ORJ Q
QV
QV
QV
QV
ȝV
ȝV
ȝV
Ɣ StãHPH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW VORåLWRVW Q
Q
QV
QV
QV
ȝV
PV
PV
V
Ŷ ] WDEXON\ Y\SOêYi QČNROLN VNXWHþQRVWt
SRNXG E\FKRP SRXåLOL GHVHWLQiVREQČ U\FKOHMãt SRþtWDþ QHER GHVHWLQiVREQČ SURGORXåLOL þDV YêSRþWX
QD VWiYDMtFtP SRþtWDþL E\OR E\ PRåQp ]SUDFRYiYDW [NUiW GHOãt GDWD
Ɣ ORJDULWPLFNi NUiW
Ɣ OLQHiUQt NUiW
Ɣ WR E\ SUR NODVLFNRX ãDFKRYQLFL WHRUHWLFN\ ]QDPHQDOR Ɣ NYDGUDWLFNi NUiW
PRåQRVWt WM SĜLEOLåQČ
Y VRXþDVQRVWL MH KRUQt PH] UR]VDKX GDW WM YêSRþHW MH SURYHGHQ Y ÄUR]XPQpP³ þDVH
Ɣ SUR NYDGUDWLFNRX VORåLWRVW GĜtYH XYHGHQp PHWRG\ ĜD]HQt WLVtF SUYNĤ
PRåQRVWt
Ɣ Y SĜtSDGČ åH E\ RYČĜHQt MHGQp PRåQRVWL WUYDOR QDQRVHNXQGX FHOê YêSRþHW E\ WUYDO DVL Ɣ SUR 2Q ORJ Q PLOLRQĤ SUYNĤ FRå SĜHVDKXMH VRXþDVQp PRåQRVWL 5$0 SDPČWt
OHW
Ŷ YH VNXWHþQRVWL WROLN PRåQRVWt QHQt SURWRåH
8Ni]ND DOJRULWPX V þDVRYČ QHĜHãLWHOQRX
VORåLWRVWt
Ɣ WDKĤ MH YH VNXWHþQRVWL MHQ Ɣ PQRåVWYt SRNXVĤ VNRQþt QH~VSČFKHP PQRKHP GĜtYH QHå SR WD]tFK
9DURYiQt
Ƈ O]H VNRQþLW Xå SR þL WD]tFK
7\WR ~ORK\ QXWQČ QHPXVHMt PtW YHONê SRþHW QDSĜ VWDPLOLRQ\ SUYNĤ ]SUDFRYiYDQêFK GDW
Ŷ MHGQi VH R ]QiPRX ~ORKX NG\ Pi MH]GHF QD ãDFKRYQLFL SRVWXSQČ QDYãWtYLW YãHFKQD SROtþND ãDFKRYQLFH
RYãHP NDåGp SRX]H MHGQRX
Ɣ QHKOHGiPH SRX]H MHGQR Y\KRYXMtFt ĜHãHQt DOH YãHFKQD H[LVWXMtFt ĜHãHQt SUR MHGQR SRþiWHþQt SROH
ãDFKRYQLFH
Ŷ ~ORKX EXGHPH ĜHãLW W]Y KUXERX VLORX EUXWDO IRUFH NG\ SURYČĜtPH SRVWXSQČ YãHFKQ\ H[LVWXMtFt PRåQRVWL
EH] SRNXVĤ R ]MHGQRGXãHQt QDSĜ ]UFDGORYp PRåQRVWL
Ɣ N WRPX Y\XåLMHPH SRVWXS ]YDQê ]SČWQp WUDVRYiQt EDFNWUDFLQJ ± SRGUREQRVWL YL] .,933$ QHER
.,937
QQ
Ŷ WDWR ~ORKD Pi H[SRQHQFLiOQt VORåLWRVW 2
Ɣ SROtþND X NUDMĤ PDMt PQRKHP PpQČ PRåQRVWt SRNUDþXMtFtFK VNRNĤ ± D Ɣ QD RVP SROtþHN O]H VNRþLW SRX]H ] SUYQtKR WDKX
Ƈ WRWR O]H ]REHFQLW SURWRåH QD SROtþNR VH YåG\ V YêMLPNRX SUYQtKR WDKX PXVtPH GRVWDW VNRNHP ]
QČMDNp SĜtSXVWQp SR]LFH WDNåH PRåQRVWt YêVNRNĤ ] SROtþND MH YåG\ Q ± Ɣ SRVOHGQt WDK Pi SRX]H MHGQX PRåQRVW DĢ MH NDPNROLY SĜHGSRVOHGQt PD[ GYČ PRåQRVWL DSRG
Ɣ ] MHGQRKR SROtþND ãDFKRYQLFH O]H WRWLå Y LGHiOQtFK SRGPtQNiFK VNRþLW Då QD MLQêFK SROt
Ƈ QDYtF X PQRKD SĜtSDGĤ EXGRX W]Y Y\QXFHQp WDK\ NG\ EXGH ]EêYDW SRX]H MHGQD PRåQRVW SUR FHOê
ĜHWČ]HF WDKĤ
Ɣ ]SĜHVQČQêP KRUQtP RGKDGHP WHG\ GRVWDQHPH ÄPQRKHP SĜt]QLYČMãt³ SRþHW PRåQRVWt
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW PRåQRVWt FRå MH ÄMHQ³ OHW
Ƈ EH]QDPpQNRYp
Ŷ MH ]ĜHMPp åH SUR ãDFKRYQLFL [ SROt QHQt WDWR ~ORKD ]FHOD ĜHãLWHOQi
Ƈ ]QDPpQNRYp
Ɣ QHQt GRVXG ĜHãLWHOQi DQL SUR [ SROt
± SĜtPê NyG
Ɣ SUR WDNWR YHONp ãDFKRYQLFH MH ĜHãLWHOQi SRX]H þiVWHþQČ QDSĜ SUR]NRXPiPH MHQ SUYQt MHGQX PLOLDUGX
PRåQRVWt
± LQYHU]Qt NyG
Ƈ L WHQWR UR]VDKHP YHOPL PDOê SRNXV SRVN\WQH SĜHNYDSLYČ ]QDþQp PQRåVWYt ĜHãHQt
± NyG V SRVXQXWRX QXORX
± [ ĜHãHQt
Ɣ UHiOQp
± [ ĜHãHQt
Ƈ Y MHGQRGXFKp SĜHVQRVWL
Ŷ SUR [ SROt D PpQČ MH ~ORKD QD VRXþDVQêFK SRþtWDþtFK ĜHãLWHOQi NRPSOHWQČ
Ƈ YH GYRMQiVREQp SĜHVQRVWL
Ɣ ]SĜHVQČQê KRUQt RGKDG PRåQRVWt MH
± GRSOĖNRYê NyG
Ŷ ]QDNRYp
Ŷ ORJLFNp ERROHRYVNp
PRåQRVWt
Ɣ VNXWHþQê SRþHW PRåQRVWt MH FRå SĜHGVWDYRYDOR Y -DYČ VHNXQG YêSRþWX QD
3HQWLX &HQWULQR *+]
Ƈ VNXWHþQp PRåQRVWL SĜHGVWDYXMt DVL ] KRUQtKR RGKDGX
&HORþtVHOQp EH]]QDPpQNRYp
Ɣ FHONRYê SRþHW ĜHãHQt WM NRPSOHWQtFK WDKĤ MH Ŷ SRXåLMHPHOL ]QDORVW åH SRX]H ]H ]SĜHVQČQpKR KRUQtKR RGKDGX MH VNXWHþQê SRþHW PRåQRVWt EXGH
SUR [ SROt NYDOLILNRYDQê RGKDG
PRåQRVWt WM DVL OHW YêSRþWX
Ŷ ]iSLV YH GYRMNRYp VRXVWDYČ ]DURYQDQê QD QiVREN\ EDMWĤ QČNG\ QD]êYDQê ÄSĜtPê NyG³
Ŷ SRX]H SUR QH]iSRUQi þtVOD XQVLJQHG
Ŷ QDSĜ .yGRYiQt DQHE GDWD Y SRþtWDþL
QHER &HORþtVHOQp ]QDPpQNRYp
Ŷ SĜtPê NyG
3R]QiPND
Ɣ NODGQi þtVOD VWHMQi MDNR X EH]]QDPpQNRYpKR
7RWR MH SRGUREQp UR]YHGHQt SUREOHPDWLN\ NWHUi E\OD LQIRUPDWLYQČ ]PtQČQD QD GUXKp SĜHGQiãFH
Ɣ ]QDPpQNR MH XþHQR Y 06% 0RVW 6LJQLILFDQW %LW
Ŷ GDWD SĜHYiGtPH QD SRVORXSQRVW ELWĤ UHVSHNWLYH EDMWĤ W]Q MH SHYQČ GDQê UR]VDK SRþHW ĜiGĤ
Ɣ QDSĜ Ɣ QHYê]QDPRYp QXO\ MVRX GĤOHåLWp
±
Ɣ QHYêKRG\ GYRMt QXOD NODGQi D ]iSRUQi
Ŷ SĜHYRG VH QD]êYi NyGRYiQt
Ɣ SRXåtYi VH SUR ]REUD]HQt PDQWLV\ X UHiOQêFK þtVHO
=iNODGQt GČOHQt NyGĤ GDWRYêFK W\SĤ
Ŷ LQYHU]Qt NyG MHGQLþNRYê GRSOQČN
Ŷ þtVHOQp
Ɣ FHORþtVHOQp
3ĜtNODG\ X FHOêFK þtVHO MVRX XGiYiQ\ QD RVPL ELWHFK 3UR YČWãt UR]VDK\ SODWt W\Wpå SULQFLS\
Ƈ YêSRþHW MHGQp PRåQRVWL WUYDO DVL QDQRVHNXQG
3RGUREQČMãt SRKOHG QD GDWRYp W\S\
Ɣ SUR ]iSRUQi þtVOD VH PČQt QD D QD 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ QDSĜ ±
Ɣ QDSĜ Ɣ QHYêKRG\ GYRMt QXOD NODGQi D ]iSRUQi
Ɣ SRXåLWt H[SRQHQW X UHiOQêFK þtVHO
Ɣ SRXåtYi VH Y ELWRYêFK RSHUDFtFK SĜtSDGQČ MDNR PH]LNURN Y GRSOĖNRYpP NyGX
5HiOQp
Ŷ GRSOĖNRYê NyG GYRMNRYê GRSOQČN
Ŷ DSUR[LPDFH UHiOQêFK þtVHO
Ɣ PDWHPDWLFNi GHILQLFH
Ŷ Wpå Ä]REUD]HQt Y SRK\EOLYp ĜiGRYp þiUFH³ IORDWLQJ SRLQW
Ƈ '[
[ SUR [! Ƈ '[
[ . SUR [ NGH .
Ŷ GOH ,((( QD EDMWHFK QHER QD EDMWHFK ± YL] GiOH
Q
NDSDFLWD VRXVWDY\
Ɣ ]iSRUQi ÄLQYHU]Qt ³
Ɣ QDSĜ ±
Ŷ ]QDPpQNRYê ELW SDWĜt PDQWLVH a a Ɣ a Ŷ PDQWLVD MH Y SĜtPpP NyGX ]iNODG Ɣ YêKUDGQČ SRXåtYDQp ]REUD]HQt ]QDPpQNRYêFK þtVHO
Ɣ MH QRUPDOL]RYDQi PDQWLVD ]iNODG
Ɣ YêKRG\
Ɣ MHMt SUYQt ELW PXVt EêW ±! QHXNOiGi VH D SĜHGVWDYXMH MHGQLþNX SĜHG GHVHWLQQRX þiUNRX
Ƈ SRX]H MHGQD QXOD Ŷ H[SRQHQW MH QD ELWHFK Y NyGX V SRVXQXWRX QXORX NGH a Ƈ RGHþtWiQt MH SĜLþtWiQt ]iSRUQpKR þtVOD ]MHGQRGXãHQt $/-
Ŷ PDQWLVD XUþXMH SĜHVQRVW H[SRQHQW XUþXMH UR]VDK þtVOD
Ɣ IRUPiW MH NRPSURPLV PH]L SĜHVQRVWt D UR]VDKHP
Ŷ UR]VDK MH Y DEVROXWQt KRGQRWČ DVL RG þtVOLF
GR SĜHVQRVW DVL QD Då GHVHWLQQêFK GHVtWNRYêFK
Ɣ SR]RU QD QHV\PHWULFNê UR]VDK ± Då Ŷ KRGQRWD UHiOQpKR þtVOD MH XORåHQD MDNR VDPp QXO\
Ɣ þDVWi FK\ED Ŷ KRGQRWD þtVOD MH
±
Ƈ WHQWR MHY VH QD]êYi SĜHWHþHQt D MVRX SULQFLSLiOQČ PRåQp GYČ UHDNFH
[
± SĜHUXãHQt YêSRþWX MDNR UHDNFH QD FK\EX
H[S
PDQWLVD
Ŷ KRGQRW\ QČNWHUêFK þtVHO
± SRNUDþRYiQt YêSRþWX V QHVSUiYQêP YêVOHGNHP ± SRXåtYi -DYD
PLQ
PD[
QHN
QHN
1D1
Ŷ NyG V SRVXQXWRX QXORX
Ɣ OLQHiUQt SRVXQ QXO\ SR þtVHOQp RVH
Ƈ MH Y DEVROXWQt KRGQRWČ QHMYČWãt ]iSRUQp þtVOR
Q
Ƈ QXOD MH YH VWĜHGX UR]VDKX ]QDP
QDSĜ a Ƈ MH QHMYČWãt NODGQp þtVOR
)
)
%)
)
)
))
)
)
&
))
))
a (
a (
Ɣ NODGQi þtVOD RGOLãQi RG EH]]QDPpQNRYpKR ± ]iNODGQt QHYêKRGD
Ŷ 3R]RU QČNWHUi UHiOQi þtVOD QHO]H XORåLW SĜHVQČ PDQWLVD Pi RPH]HQRX YHOLNRVW QDSĜ
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW a ' && && &'
Ɣ DNWXiOQt YHOLNRVW ± SRþHW SODWQêFK ]QDNĤ
Ɣ WR PĤåH ]SĤVRELW FK\E\ SĜL DULWPHWLFNêFK RSHUDFtFK
Ɣ QDSĜ ĜHWČ]HF PĤåH PtW NDSDFLWX ]QDNĤ DOH DNWXiOQt YHOLNRVW MH SRX]H ]QDN\ SURWRåH MH Y QČP
QDSĜ VORYR DKRM
Ŷ MHOL KRGQRWD þtVOD PLQ þtVOR QHO]H ]REUD]LW ]DRNURXKOXMH VH DXWRPDWLFN\ QD ± SRGWHþHQt
Ŷ ]SĤVRE XORåHQt Y SDPČWL D ]HMPpQD R]QDþHQt DNWXiOQt YHOLNRVWL ]iYLVt QHMþDVWČML QD SRXåLWpP SURJUDPR
YDFtP MD]\FH QDSĜ
QDSĜ ( VH ]DRNURXKOt QD Ŷ MHOL KRGQRWD þtVOD ! PD[ þtVOR QHO]H ]REUD]LW ]DRNURXKOXMH VH DXWRPDWLFN\ QD QHNRQHþQR ± SĜHWHþHQt
QDSĜ ( VH ]DRNURXKOt QD QHNRQHþQR
Ƈ ĜHWČ]HF W\SX 6WULQJ Pi DNWXiOQt YHOLNRVW YåG\ URYQRX NDSDFLWČ
Ŷ 3R]RU SĜHWHþHQt L SRGWHþHQt PĤåH EêW SUR NODGQp L ]iSRUQp KRGQRW\
Ƈ ĜHWČ]HF W\SX 6WULQJ%XIIHU MH PČQLWHOQê ĜHWČ]HF V UĤ]QRX DNWXiOQt YHOLNRVWt D NDSDFLWRX
QDSĜ ±( VH ]DRNURXKOt QD D ±( VH ]DRNURXKOt QD ±QHNRQHþQR
Ŷ 1D1 1RW D 1XPEHU ± GHILQRYDQi KRGQRWD SĜL FK\EQp RSHUDFL V UHiOQêP þtVOHP QDSĜ GČOHQt QXO\ QXORX
Ŷ ]REUD]HQt QD EDMWHFK GRGUåXMH QDSURVWR VWHMQRX ILORVRILL SRX]H H[SRQHQW Pi ELWĤ D PDQWLVD ELWĤ
Ɣ UR]VDK MH Y DEVROXWQt KRGQRWČ DVL RG Ɣ -DYD ± UR]H]QiYi GYD ]iNODGQt W\S\ ĜHWČ]FĤ ]SĤVRE\ MHMLFK LPSOHPHQWDFH QHMVRX REHFQČ ]QiP\
Ɣ MD]\N & ± ĜHWČ]HF MH SROH EDMWĤ ]DþtQDMtFt LQGH[HP ]D SRVOHGQtP SODWQêP ]QDNHP ĜHWČ]FH MH SĜLGiQ
]QDN V KRGQRWRX ELQiUQČ ?
Ƈ DNWXiOQt YHOLNRVW VH ]MLVWt VSRþWHQtP YãHFK ]QDNĤ SĜHGFKi]HMtFtFK ]QDNX ?
Ƈ YêKRGRX MH åH ĜHWČ]HF PĤåH PtW OLERYROQRX NDSDFLWX
GR Ɣ 3DVFDO ± ĜHWČ]HF MH SROH EDMWĤ NG\ MVRX Y\XåtYiQ\ EDMW\ RG LQGH[X Ɣ SĜHVQRVW DVL QD Då GHVHWLQQêFK GHVtWNRYêFK þtVOLF
Ƈ QD LQGH[X MH XORåHQD KURGQRWD SĜHGVWDYXMtFt DNWXiOQt YHOLNRVW
Ŷ RSHUDFH V UHiOQêPL þtVO\
Ƈ QHYêKRGRX MH åH NDSDFLWD MH PD[ ]QDNĤ
Ɣ VþtWiQt ± SRURYQiQtP H[SRQHQWĤ VH ]MLVWt PHQãt þtVOR WRPX VH ]YČWãt H[SRQHQW QD ~URYHĖ YČWãtKR
þtVOD WM ]PHQãXMH VH PDQWLVD WM ]WUiFt VH SĜHVQRVW ± SUR KRGQČ RGOLãQi þtVOD VH PĤåH Y GĤVOHGNX
SĜLþtWDW QXOD
/RJLFNp
Ɣ QiVREHQt ± H[SRQHQW\ VH VHþWRX PDQWLV\ VH Y\QiVREt
Ŷ Wpå ERROHRYVNp SRGOH SDQD %RROHKR %RROHRYD DOJHEUD
Ɣ 3R]RU ± QHSRXåtYDW UHiOQi þtVOD WDP NGH VWDþt FHOi þtVOD ± PHQãt U\FKORVW FFD R ± ]iOHåt QD
PQRKD RNROQRVWHFK
Ŷ XNOiGDMt MHQ GYČ KRGQRW\ ± WUXH SUDYGD ORJLFNi D IDOVH QHSUDYGD ORJLFNi QXOD
Ƈ ]HMPpQD Y F\NOHFK QDKUDGLW UHiOQi þtVOD FHOêPL ± ]DRNURXKORYDFt SUREOpP\
Ƈ ]iVDGQČ QHSRXåtYDW SRURYQiQt QD URYQRVW Ŷ SUDNWLFN\ VH UHDOL]XMt SRPRFt FHORþtVHOQpKR EH]]QDPpQNRYpKR W\SX
3UREOpP XNOiGiQt GDW GR I\]LFNp SDPČWL
3R]QiPND
=QDNRYp
'iOH SRSLVRYDQê SUREOpP VH WêNi YãHFK GDWRYêFK W\SĤ 9 SUD[L VH V QtP VHWNiPH Då SĜL SUiFL V
ELQiUQtPL VRXERU\ DOH QD W\WR WHUPtQ\ QDUD]tPH PQRKHP GĜtYH
Ŷ SĜLĜD]XMt NDåGpPX ]QDNX ]YROHQp DEHFHG\ QH]iSRUQp FHOp þtVOR
Ŷ YČWãLQRX Pi GDWRYê W\S YČWãt GpONX QHå EDMW SDN ]iOHåt QD WRP Y MDNpP SRĜDGt MVRX MHGQRWOLYp EDMW\
XNOiGiQ\ GR SDPČWL YQLWĜQt L YQČMãt
Ŷ H[LVWXMH D SRXåtYi VH PQRKR NyGĤ SRGUREQČ SR]GČML
Ɣ þHVNê WH[W EČåQČ Y UĤ]QêFK NyGRYiQtFK
QDSĜ FHOp QH]QDPpQNRYp þtVOR QD þW\ĜHFK EDMWHFK R KRGQRWČ $%&+ WM ' EXGHPH GR
SDPČWL XNOiGDW RG DGUHV\ Ƈ SURWR EXGH WpWR SUREOHPDWLFH YČQRYiQD VDPRVWDWQi SĜHGQiãND
ěHWČ]HF
Ŷ H[LVWXMt GYČ PRåQRVWL
ELJHQGLDQ %( ± ÄY\ããt ĜiG\ QD QLåãt DGUHVH³ ± ÄSĜLUR]HQp³ XORåHQt
Ŷ ĜHWČ]HF MH VORåHQ ] MHGQRWOLYêFK ]QDNĤ Y GDQpP NyGRYiQt
QDSĜ $ % &
Ŷ X ĜHWČ]FH VH UR]OLãXMH
WHG\ $ % &
Ɣ NDSDFLWD ± SRþHW ]QDNĤ NWHUp PĤåH ĜHWČ]HF QHMYêãH XVFKRYDW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW OLWWOHHQGLDQ /( ± ÄY\ããt ĜiG\ QD Y\ããt DGUHVH³ ± ÄREUiFHQp³ XORåHQt
.DSLWROD .yGRYiQt ]QDNĤ QHMHQ þHãWLQ\
QDSĜ & % $ =iNODGQt WHUPLQRORJLH
WHG\ & % $ Ŷ REHFQČ VH QHGi ĜtFL V MDNêP ]SĤVREHP XORåHQt GDW VH VHWNiPH D MH EČåQp åH QDOH]QHPH RED ]SĤVRE\
QD WRPWpå SRþtWDþL
Ŷ YHOPL QHMHGQRWQi
Ɣ OLãt VH X YHONêFK ILUHP D RUJDQL]DFt
Ŷ ]SĤVRE ]iOHåt QD
Ƈ PQRKi YČWãt RUJDQL]DFH VL ÄNODGH ]D þHVW³ SĜLMtW V QRYRX WHUPLQRORJLt PtVWR WRKR DE\ ÄVH VQtåLOD³ N
SRXåLWt WHUPLQRORJLH RG NRQNXUHQFH
Ɣ SURFHVRUX
Ƈ ,QWHO /(
Ɣ VWHMQp SRMP\ VH SRXåtYDMt SUR UĤ]Qp YČFL
Ƈ 0RWRUROD %(
Ŷ GiOH MH SRXåLWD WHUPLQRORJLH ] 8QLFRGH ± &KDUDFWHU (QFRGLQJ 0RGHO
Ɣ RSHUDþQtP V\VWpPX
KWWSZZZXQLFRGHRUJUHSRUWVWUWUKWPO
Ƈ :LQGRZV /(
Ŷ SUR NyGRYiQt O]H SRXåtYDW QČNROLND~URYĖRYRX RUJDQL]DFL
Ɣ SURJUDPRYDFtP MD]\FH
=QDNRYi VDGD PQRåLQD NyGRYDQêFK ]QDNĤ ± &R
GHG &KDUDFWHU 6HW ± &&6
Ƈ -DYD %( ± ]DUXþXMH SĜHQRVLWHOQRVW L ELQiUQtFK VRXERUĤ
Ƈ Y PQRKD SURJUDPRYDFtFK MD]\FtFK QHQt XUþHQ D SĜHEtUi VH ]SĤVRE RG RSHUDþQtKR V\VWpPX
Ŷ PDSRYiQt PH]L PQRåLQRX DEVWUDNWQtFK ]QDNĤ D PQRåLQRX QH]iSRUQêFK FHOêFK þtVHO NyGRYp ERG\ ±
FRGH SRLQWV
Ɣ$
DEVWUDNWQt ]QDN $ Pi NyGRYê ERG Ɣ 86$6&,, ,62 -,6 ; 8QLFRGH QHER ,62 MVRX SĜtNODG\ ]QDNRYêFK VDG
&KDUDFWHU (QFRGLQJ )RUP ± &()
Ŷ PDSRYiQt PQRåLQ\ QH]iSRUQêFK FHOêFK þtVHO SUYNĤ &&6 QD PQRåLQX NyGRYêFK MHGQRWHN GDQp ãtĜN\
QDSĜ ELWRYêFK LQW
Ɣ$
]QDN $ QDPDSRYDQê QD ELWRYê LQW
.yGRYDFt VFKpPD NyGRYiQt &KDUDFWHU (QFRGLQJ
6FKHPH ± &(6
Ŷ ]SĤVRE PDSRYiQt NyGRYêFK MHGQRWHN ] &() GR SRVORXSQRVWL RNWHWĤ RVPLELWRYêFK EDMWĤ
Ŷ GDOãt SRXåtYDQp Qi]Y\ MVRX FKDUDFWHU PDS FKDUPDS FKDUDFWHU VHW FKDUVHW FRGH SDJH
Ɣ$
SUR ]QDNRYRX VDGX 8QLFRGH D NyGRYDFt VFKpPD 87)%(
Ŷ GiOH EXGH YêKUDGQČ SRXåtYiQ SRMHP ÄFKDUVHW³ SURWRåH H[LVWXMH VWHMQČ SRMPHQRYDQi SĜtVOXãQi WĜtGD
MDYDQLRFKDUVHW&KDUVHW
Ŷ SUR MHGQX ]QDNRYRX VDGX PĤåH EêW YtFH FKDUVHWĤ
Ɣ QDSĜ SUR ]QDNRYRX VDGX 8QLFRGH H[LVWXMt FKDUVHW\
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ 87)
Ŷ SUR PQRKR MD]\NĤ QHVWDþt MHQ QHDNFHQWRYDQi StVPHQD D SUR DNFHQWRYDQi StVPHQD Xå QHQt Y 86$6&,,
PtVWR
Ƈ 87)
Ɣ SURWR Y]QLNDO\ RVPLELWRYp ]QDNRYp VDG\
Ƈ 87)
Ƈ Y\XåtYi VH RVPê ELW 06% FRå GiYi PRåQRVW SUR GDOãtFK Då ]QDNĤ
Ŷ þDVWR MH DOH FKDUVHW XUþHQ MHQ SUR MHGQX ]QDNRYRX VDGX QDSĜ ,62 Ŷ QDRSDN SUR QČNROLN UĤ]QêFK DVLMVNêFK ]QDNRYêFK VDG LGHRJUDILFNi StVPD H[LVWXMH MHGQR NyGRYDFt
VFKpPD (8&
Ɣ FKDUVHW\ MVRX QDSĜ (8&-3 (8&.5 [(8&7:
Ƈ þHãWLQD QDSĜ Y\XåtYi iþćpČtĖyĜãĢ~Ĥêå WM GDOãtFK ]QDNĤ ± YþHWQČ YHONêFK StVPHQ
Ɣ SUREOpP\ SRMPHQRYiQt YL] GiOH
Ŷ SURWRåH MVRX RVPLELWRYp QHQt WĜHED SRXåtYDW VSHFLiOQt NyGRYDFt VFKpPD
Ŷ MHGHQ GRNXPHQW PĤåH EêW QDSViQ VRXþDVQČ
Ɣ FHOp þtVOR ]QDNX ]H ]QDNRYp VDG\ YåG\ SĜHGVWDYXMH EDMW
Ɣ YH YtFH ]QDNRYêFK VDGiFK 8QLFRGH ,62 Ɣ ]QDNRYi VDGD Pi VWHMQê Qi]HY MDNR NyGRYDFt VFKpPD D WHQ MH VWHMQê MDNR Qi]HY FKDUVHWX
Ɣ ]D SRXåLWt UĤ]QêFK FKDUVHWĤ 87) 8&6 ,62
Ŷ H[LVWXMH PQRKR UĤ]QêFK FKDUVHWĤ SURWRåH YROQêFK ]QDNĤ QHVWDþt SUR YãHFKQ\ SRåDGDYN\
Ɣ FRå MH QHMKRUãt PRåQê SĜtSDG SRNXG MH WHQWR GRNXPHQW XORåHQ Y MHGQRP VRXERUX
Ɣ N GRKRGČ QHGRãOR ERKXåHO DQL PH]L HYURSVNêPL VWiW\ SRXåtYDMtFtPL ODWLQNX
Ŷ EČåQČ MH MHGHQ VRXERU YåG\ MHQ Y MHGQRP FKDUVHWX
Ɣ WR ]QDPHQi åH QDSĜ þHVNRIUDQFRX]VNi RUJDQL]DFH PXVt SRXåtYDW SUR VYp GRNXPHQW\ GYD FKDUVHW\
Ɣ RYãHP MH EČåQp åH VRXERU\ ] MHGQRKR SURMHNWX PDMt UĤ]Qp FKDUVHW\ ± QHQt WR ãĢDVWQp ĜHãHQt
Ŷ GOH ,62 QRUP\ Y]QLNDMt FKDUVHW\ ,62 Då ,62
9êVWUDKD
Ŷ GDOãt FKDUVHW\ Y]QLNDMt Y QiURGQtFK VWDQGDUGL]DþQtFK RUJDQL]DFtFK
&KDUVHW\ QLNG\ QHUR]OLãXMt WYDU ]QDNX JO\SK ± QHVSUiYQČ ÄIRQW³
Ŷ NURPČ QLFK H[LVWXMt ]QDNRYp VDG\ ]iYLVOp QD SODWIRUPČ SURSULHWiUQt IRUPiW\
Ɣ QDSĜ &3 0DF&HQWUDO(XURSH NWHUp MVRX ERKXåHO YČWãLQRX MDNR MHGLQp QD NRQNUpWQt SODWIRUPČ
SOQČ SRGSRURYiQ\
Ŷ FHONRYČ VH RGKDGXMH åH H[LVWXMt VWRYN\ WČFKWR FKDUVHWĤ
Ŷ SRNXG NyGXMt ]QDN\ ODWLQN\ MH Y QDSURVWp YČWãLQČ SUYQtFK ]QDNĤ WRWRåQêFK V 86$6&,, ]HURH[WHQ
GLQJ
Ɣ H[LVWXMt YêMLPN\ QDSĜ (%&',& ([WHQGHG %LQDU\&RGHG 'HFLPDO ,QWHUFKDQJH &RGH NWHUê SRSLVXMH
MHQ QHDNFHQWRYDQp ]QDN\ DOH W\ MVRX XORåHQ\ L Y KRUQtFK SR]LFtFK
+LVWRULH
Ŷ QČNWHUp DSOLNDFH R]QDþXMt RVPLELWRYp FKDUVHW\ MDNR $16,
Ŷ VSROHþQp R]QDþHQt SUR VHGPL D RVPLELWRYp FKDUVHW\ MH 6%&6 6LQJOH%\WH &KDUDFWHU 6HW
Ŷ VHGPLELWRYê $6&,, NyG 86$6&,,
6RXþDVQRVW
Ɣ 06% 0RVW 6LJQLILFDQW %LW MH YåG\ QXORYê
Ɣ ]iNODG YãHFK GDOãtFK NyGRYiQt ]HUR H[WHQGLQJ ± YL] GiOH
Ɣ SRSLVXMH ÄYãHFKQ\ ]QDN\ ] DQJOLFNp NOiYHVQLFH³ WM YHONi D PDOi QHDNFHQWRYDQi StVPHQD ODWLQN\
þtVOLFH LQWHUSXQNFL D VSHFLiOQt ]QDN\
Ɣ EH] ĜtGtFtFK ]QDNĤ MH WHG\ N GLVSR]LFL ± ]QDNĤ
Ŷ ĜHãHQtP MH ELWRYê &()
Ŷ GR MHMt SĜtSUDY\ VH ERKXåHO QDMHGQRX SRXãWČMt GYČ UĤ]Qp RUJDQL]DFH
Ɣ PDOêFK D YHONêFK StVPHQ MH þtVOLF ]EêYDMtFtFK ]QDNĤ D ,62 ,QWHUQDWLRQDO 2UJDQL]DWLRQ IRU 6WDQGDUGL]DWLRQ
Ɣ VWDþt SRX]H SUR þLVWČ DQJOLFNp WH[W\
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ V UR]YRMHP ,QWHUQHWX MH ]YêãHQi SRWĜHED YêPČQ\ GRNXPHQWĤ PH]L UĤ]QêPL SODWIRUPDPL D UĤ]QêPL Qi
URGQtPL MD]\N\
Ɣ RG 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ ]QDNRYi VDGD ,62,(& Ɣ VDPRWQp %03 MH YQLWĜQČ GČOHQR GR EORNĤ NGH QDSĜ $6&,, MH Y %DVLF /DWLQ EORFN GČOHQt MH REþDV SR
XåtYiQR YH IRQWHFK
Ɣ YH ]NUDWFH 8&6 8QLYHUVDO &KDUDFWHU 6HW
E 8QLFRGH 8QLFRGH &RQVRUWLXP
Ɣ RG Ɣ ]QDNRYi VDGD 8QLFRGH
Ɣ YH ]NUDWFH 8QLFRGH
Ŷ QDãWČVWt VH REČ RUJDQL]DFH GRPORXYDMt KQHG QD SRþiWNX SUDFt D RG URNX SUDFXMt QD VMHGQRFHQt
RERX ]QDNRYêFK VDG FRå E\OR GRNRQþHQR Y Ɣ Y VRXþDVQRVWL REČ ]QDNRYp VDG\ QHMVRX DEVROXWQČ WRWRåQp OLãt VH QDSĜ Y GUREQêFK VSHFLILNDFtFK
MHGQRWOLYêFK ]QDNĤ þiVWHþQČ RGOLãQp WHUPLQRORJLL DSRG
Ɣ SRGVWDWQp MH åH þtVHOQp KRGQRW\ FRGH SRLQWV MHGQRWOLYêFK ]QDNĤ MVRX LGHQWLFNp
Ŷ ] EČåQpKR SRKOHGX QHPi Yê]QDP REČ VDG\ UR]OLãRYDW D EČåQČ VH SRYDåXMt ]D V\QRQ\PD D SRXåtYi VH
VSROHþQp R]QDþHQt 8QLFRGH
Ŷ RG 8QLFRGH YHU]H SĜHVWDO UR]VDK ELWĤ GRVWDþRYDW D 8QLFRGH SĜHãOR QD ELWĤ
Ɣ ] QLFK DOH Y\XåtYi MHQ ELWĤ WM 8 Då 8))))
Ɣ WR ]QDPHQi FHONHP VNXSLQ VIpUD ± SODQH NDåGi R YHOLNRVWL DVL WLVtF ]QDNĤ GRKURPDG\ DVL PLOLRQ ]QDNĤ
Ɣ SUYQt VNXSLQD Y SRĜDGt MH %03 8 Då 8))))
Ɣ YHOPL GREĜH ]GRNXPHQWRYDQi ]QDNRYi VDGD YL] ZZZXQLFRGHRUJ
Ɣ GDOãt MVRX Y UR]VDKX 8 Då 8)))) D EČåQČ VH WpPČĜ QLNG\ Y QDãLFK ]HPČSLVQêFK ãtĜNiFK
QHSRXåtYDMt
Ŷ FRGH SRLQWV MHGQRWOLYêFK ]QDNĤ VH R]QDþXMt MDNR 8KH[DBþtVOR QDSĜ ]QDN $ MH 8
Ɣ SUYQtFK ]QDNĤ MH VWHMQêFK MDNR X 86$6&,, ]HURH[WHQGLQJ
ELWĤ
FKDUVHW
86$6&,,
,62
Ɣ ]QDN\ Y WČFKWR VNXSLQiFK VH QD]êYDMt VXSSOHPHQWDU\ FKDUDFWHUV
ELQiUQČ
KH[D
]QDN
$
$
87) 8&6
$
87) 8&6
$
Ɣ MDN 8QLFRGH WDN L ,62 QHSOiQXMt DQL Y EXGRXFQX SĜHNURþLW SRþHW ELWĤ
3UREOpP SRĜDGt EDMWĤ
Ŷ XNOiGiPHOL GR SDPČWL GR VRXERUX YtFHEDMWRYp HQWLW\ MH WĜHED UR]OLãRYDW SRĜDGt EDMWĤ
Ɣ$
Ɣ OLWWOHHQGLDQ /( Y\ããt ĜiG\ QD Y\ããt DGUHVH +LVWRULH 8QLFRGH
YHU]H ]QDNĤ
YHU]H ]QDNĤ ± UR]ãtĜHQt QD ELWĤ UHVS ELWĤ
YHU]H ]QDNĤ
YHU]H ]QDNĤ
YHU]H "
SĜLSUDYRYDQi YHU]H
Ɣ ELJHQGLDQ %( Y\ããt ĜiG\ QD QLåãt DGUHVH Ɣ WRWR SODWt L SUR QDSĜ þW\ĜEDMWRYp HQWLW\ þL Ɣ ]SĤVRE XNOiGiQt OLWWOH QHER ELJHQGLDQ ]iYLVt QD SODWIRUPČ :LQGRZV /( SURFHVRUX ,QWHO /( 0RWR
UROD %( SURJUDPRYDFtP MD]\FH -DYD YåG\ %( DSOLNDFL Ŷ SURþ WR SRWĜHEXMHPH"
Ɣ YČWãLQD VRXþDVQêFK VRXERURYêFK V\VWpPĤ SUDFXMH V EDMW\ ± SUR VSUiYQRX VHULDOL]DFL ]QDNĤ GR EDMWR
YpKR SURXGX
Ŷ ELWRYi &() XPRåĖXMH SRXåtW DVL WLVtF ]QDNĤ 8 Då 8))))
Ɣ W\ MVRX YH VNXSLQČ R]QDþHQp MDNR %03 %DVLF 0XOWLOLQJXDO 3ODQH
3UREOpP NyGRYDFtFK VFKpPDW
Ɣ %03 REVDKXMH YãHFKQ\ ]QDN\ SRXåtYDQp Y (YURSČ D $PHULFH SOXV ]iNODGQt LGHRJUDILFNi StVPD þtQ
ãWLQ\ MDSRQãWLQ\ D NRUHMãWLQ\ +$1 StVPR
Ŷ ]QDN SĜHVDKXMH MHGHQ EDMW ± MH PRåQp SRXåtYDW YtFH NyGRYDFtFK VFKpPDW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ SUR GHWDLOQt SRFKRSHQt MH YKRGQp UR]OLãRYDW 8QLFRGH D ,62 SUR SUDNWLFNp SRXåLWt QH
Ɣ 8QLFRGH VDPR R VREČ QHSRSLVXMH PHFKDQLVP\ SUR LGHQWLILNDFL SURXGX EDMWĤ
Ŷ ,62 Pi GYD ]iNODGQt FKDUVHW\
Ɣ 8&6 EDMW\ VWDþt SUiYČ SUR %03 DOH SUR QLF YtF
Ɣ 8&6 EDMW\ SUR FHOê UR]VDK
8&6
8QLYHUVDO 0XOWLSOH2FWHW &KDUDFWHU 6HW
Ɣ GROQt SRORYLQD 8&6 MH LGHQWLFNi V 8&6
Ɣ ,62 Y\XåtYi L PRåQRVWt 87)[
Ŷ 8QLFRGH Pi VHGP SODWQêFK FKDUVHWĤ
=QDþND EDMWRYpKR SRĜDGt
87) 87) 87)%( 87)/( 87) 87)%( 87)/(
Ɣ 87)
Ŷ 87)[ PRKRX SUR LGHQWLILNDFL SRĜDGt EDMWĤ Y\XåtYDW SRþiWHþQt ]QDþNX EDMWRYpKR SRĜDGt
8QLFRGH QHER 8&6 7UDQVIRUPDWLRQ )RUPDW
Ɣ LQLWLDO E\WH RUGHU PDUN %20 NWHUi MH XPtVWČQD QD VDPpP ]DþiWNX VRXERUX
Ɣ 87)[ VH SRXåtYDMt L SUR ,62 Ɣ SUR WHQWR ~þHO GHILQXMH 8QLFRGH GYD NyGRYp ERG\
Ɣ MDNêNROLY 87)[ PĤåH VORXåLW SUR XORåHQt FHOpKR UR]VDKX 8QLFRGH ELWĤ
Ƈ 8)())
=(52 :,'7+ 12%5($. 63$&( E\WH RUGHU PDUN SHYQi PH]HUD QXORYp GpON\
Ƈ 8)))(
QRW D FKDUDFWHU FRGH
Ŷ SUR 87) SUR %( Pi WYDU )( )) D SUR /( SDN )) )(
Ŷ MHOL QDþWHQD VSUiYQČ SDN VH SHYQi PH]HUD QXORYp GpON\ ]H VYp SRGVWDW\ QHPĤåH ]REUD]LW
Ɣ SĜL QHVSUiYQpP QDþWHQt ]iPČQD %( ]D /( QHER QDRSDN VH RSČW QH]REUD]t SURWRåH VH MHGQi R QH
SODWQê ]QDN
Ɣ N QHVSUiYQpPX QDþWHQt E\ DOH SULQFLSLiOQČ QHPČOR GRMtW
Ŷ REHFQê RP\O MH åH 8&6
Ŷ %20 VH DOH QČNG\ QHPXVt QHER QHVPt Y\VN\WRYDW FRå MH GiQR GHILQLFt FKDUVHWX
87)
Ɣ URYQRVW SODWt SUR YãHFKQ\ ]QDN\ ] %03 SURWR VH ]DPČĖXMt
FKDUVHW
Ɣ 8&6 QHPĤåH SRSVDW ]QDN\ ] REODVWt QDG %03 VXSSOHPHQWDU\ FKDUDFWHUV D QHPĤåH Y\XåtYDW ]i
VWXSQp SiU\ VXUURJDWH SDLUV MDNR 87) YL] GiOH
Ŷ 87)[\ QH 87) PRKRX SĜtPR XUþLW SRĜDGt EDMWĤ ± /( QHER %(
%20
KRGQRWD
87)
YROLWHOQê
() %% %)
87)
GRSRUXþHQê
)( )) QHER )) )(
87)/(
]DNi]DQê
)) )(
QD %20 VH QHEHUH ]ĜHWHO WM L RSDþQê )(
)) PXVt EêW LJQRURYiQ
87)%(
]DNi]DQê
)( ))
QD %20 VH QHEHUH ]ĜHWHO WM L RSDþQê ))
)( PXVt EêW LJQRURYiQ
GRSRUXþHQê
)( )) QHER
)) )( 87)/(
]DNi]DQê
)) )( QD %20 VH QHEHUH ]ĜHWHO
87)%(
]DNi]DQê
)( ))
QD %20 VH QHEHUH ]ĜHWHO
87)
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 87)
]QDN 8QLFRGH
Ŷ E\OR Y\WYRĜHQR SURWR DE\ VH ]QDN\ 8QLFRGH GDO\ ]DNyGRYDW SRVORXSQRVWt EDMWĤ SURWRåH V EDMW\ XPt
SUDFRYDW NDåGi DSOLNDFH D NDåGê VRXERURYê V\VWpP
PD[ Yê
]Q ELWĤ
8 Då 8))))
EDMW\ 87)
[[[ \\ \\\\ ]] ]]]] VV VVVV
Ŷ SULQFLS þWHQt
Ŷ Y]QLNi Y Ɣ PiOL EDMW QDVWDYHQR 06% SDN SRþHW MHGQLþNRYêFK ELWĤ ]D QtP XGiYi SRþHW QiVOHGXMtFtFK EDMWĤ ]QDNX
NWHUp YåG\ ]DþtQDMt ELW\ Ŷ VWDUp D QHSRXåtYDQp R]QDþHQt MH 87)
Ŷ MH WR REHFQČ UR]ãtĜHQê D SĜLMtPDQê IRUPiW SRSVDQê QDSĜ Y
Ɣ ÄWUHItPHOL³ VH QiKRGQČ GRSURVWĜHG ]QDNX SR]QiPH WR SRGOH ]DþiWNX D SDN MH QXWQp SĜHVNRþLW
YãHFKQ\ QiVOHGXMtFt EDMW\ ]DþtQDMtFt Ɣ 5)& Ɣ $PHQGPHQW Y ,62 3R]QiPND
Ɣ 8QLFRGH 6WDQGDUG
SULQFLSLiOQČ MH PRåQp ]DNyGRYDW SRPRFt 87) Då ELWĤ
Ɣ QDSĜ ĜHWČ]FH Y -DYČ Y FODVV VRXERUHFK MVRX Y 87)
[ \\ \\\\ ]] ]]]] VV VVVV WW WWWW XX XXXX
Ŷ ]H ]PtQČQêFK VHGPL FKDUVHWĤ 8QLFRGH VH Y QDãLFK ]HPČSLVQêFK ãtĜNiFK þDVWR SRXåtYi SUiYČ 87)
Ŷ DOH SURWRåH 8QLFRGH NRQþt QD Yê]QDPRYêFK ELWHFK VH WHQWR ]SĤVRE QHY\XåtYi
Ŷ YêKRG\
Ŷ QHMãLUãt ]QDN Y 87) Pi WHG\ EDMW\
Ŷ X 87) MH ] SULQFLSX ]E\WHþQi ]QDþND EDMWRYpKR SRĜDGt %20
Ɣ SUR WH[W\ Y\XåtYDMtFt MHQ ]QDN\ DQJOLFNp DEHFHG\ MH 87) WRWRåQi V 86$6&,,
Ƈ Y\XåtYi VH MHQ MHGHQ EDMW QD MHGHQ ]QDN
Ɣ VSHFLILNDFH ĜtNi åH QHQt DQL Y\åDGRYiQD DQL GRSRUXþRYiQD DOH SRNXG MH SRXåLWD QHVPt YDGLW
Ƈ V 86$6&,, XPt SUDFRYDW NDåGi DSOLNDFH
Ɣ PQRKR DSOLNDFt DOH %20 Y\åDGXMH D Y\WYiĜt D EH] %20 SUDFXMt FK\EQČ QDSĜ QHMVRX VFKRSQp DXWR
PDWLFN\ UR]SR]QDW FKDUVHW
Ɣ SUR DNFHQWRYDQp ]QDN\ VH Y\XåtYDMt GYD EDMW\
Ŷ VRXERU\ NyGRYDQp Y 87) ]DEtUDMt SUR YČWãLQX WH[WĤ SVDQêFK ODWLQNRX QHMHQ DQJOLþWLQRX ]E\WHþQČ
GYRMQiVREQp PtVWR
Ɣ QČNWHUp QDSĜ 6FL7H GRNRQFH SRYDåXMt %20 ]D QH]E\WQRX þiVW D R]QDþHQt Ä87)³ ]QDPHQi Ä87)
%20³ D SUR 87) EH] %20 SRXåtYDMt R]QDþHQt Ä87) &RRNLH³
Ŷ SUDNWLFNê SĜtNODG
Ɣ ]NRXPiPHOL þHWQRVW YêVN\WX DNFHQWRYDQêFK ]QDNĤ Y þHVNpP WH[WX ]MLVWtPH åH PDMt DVL YêVN\W
Ä1DSĜtNODG Y WRPWR RGVWDYFL QDSVDQpP ]FHOD SURND]DWHOQČ þHãWLQRX V SOQêP Y\XåLWtP DNFHQWĤ MH ]
FHONRYêFK StVPHQ StVPHQ EH] DNFHQWĤ D MHQ StVPHQ V DNFHQW\³
Ɣ ]DSRþtWiPHOL GR SĜHGFKR]tKR SĜtNODGX L PH]HU\ LQWHUSXQNFL D þtVOLFH YãHFKQ\ MVRX ] 86$6&,, GR
VWDQHPH FHONRYČ ]QDNĤ D ] WRKR DNFHQWRYDQêFK
Ŷ ]iNODGQt QHYêKRGD 87) ± ]QDN\ QHPDMt VWHMQRX GpONX W]Q QHQt PRåQp VNRþLW SĜtPR QD XUþLWê ]QDN
ÄSĜHVNRþ SUYQtFK ]QDNĤ³
Ɣ SUDYGČSRGREQRVW ÄRP\OX³ SRYDåRYiQt SRORYLQ\ ]QDNX ]D FHOê ]QDN MH RPH]HQD SULQFLSHP NyGRYDFtKR
VFKpPDWX
]QDN 8QLFRGH
PD[ Yê
]Q ELWĤ
8QLFRGH
8QLFRGH ELWRYČ
'
8
87) ELWRYČ
87) EDMWRYČ
i
8(
& $
& $
ã
8
D
8
%20
8)())
() %% %)
8)))(
() %) %(
EDMW\ 87)
8 Då 8)
[[[ [[[[
8 Då 8))
[ [[[[ \\ \\\\
8 Då 8))))
[[[[ \\ \\\\ ]] ]]]]
3ĜHGQiãN\ .,933$ 3DYHO +HURXW ]QDN
Ŷ MHGLQi VSUiYQi ]QDþND EDMWRYpKR SRĜDGt MH Y 87) () %% %)
Ɣ SRVORXSQRVW () %) %( Y]QLNOD ]DNyGRYiQtP QHH[LVWXMtFtKR ]QDNX QHQt WHG\ %20 D åiGQi DSOLNDFH
ML QHUR]SR]Qi
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ VORYR Ä'iãD³ PĤåH WHG\ Y 87) Y\SDGDW
Ƈ KLJK VXUURJDWH DUHD
D & $ & $ Ƈ OHDGLQJVXUURJDWH FRGH XQLW
Ŷ GUXKê EORN MH Y UR]VDKX 8'& Då 8'))) WM
E () %% %) & $ & $ Ɣ Då DOH QLNG\ MDNR
F () %) %( & $ & $ Ɣ D R]QDþXMH VH MHGQtP ] WHUPtQĤ
3R]QiPND
Ƈ ORZKDOI ]RQH
([LVWXMH Wpå NyGRYDFt VFKpPD 87) NWHUp Y\XåtYi SRX]H ELWĤ EDMWX
Ƈ ORZ VXUURJDWH DUHD
Ŷ MH SRSViQR Y 5)&
Ƈ WUDLOLQJVXUURJDWH FRGH XQLW
Ŷ Y NDåGpP EORNX MH YROQêFK ELWĤ GRKURPDG\ ELWĤ
Ŷ SUDNWLFN\ E\ VH SRXåLOR SRNXG E\ ]DVWDUDOê SĜHQRVRYê NDQiO GRYRORYDO SĜHQiãHW MHQ VHGPLELWRYp
EDMW\
Ɣ 8QLFRGH DOH SRWĜHEXMH Då ELWĤ ± SRXåLMH VH WULN NG\ VH Y\XåLMH WRKR åH %03 MH NyGRYiQR MHQ ELW\ D SURWR O]H ELWĤ ÄSRVXQRXW GROĤ³ RGHþWHQtP [ YL] GiOH
Ŷ VORYR Ä'iãD³ Y 87) MH % ) ' Ɣ ]iVWXSQp SiU\ WHG\ XPt ]DNyGRYDW ]QDN\ 8 Då 8))))
FRå ]QDPHQi åH NDåGê DNFHQWRYDQê ]QDN Y\XåtYi þW\ĜL EDMW\
Ŷ SUR Y\ããt ]QDN\ QHO]H SRXåtW 87) DOH QHQt WR WĜHED D PXVt VH SRXåtW 87) QHER 8&6
3UREOpP 87)
Ŷ ]SĤVRE NyGRYiQt ]QDNĤ QDG %03 WM 8 Då 8))))
Ŷ GRNXG 8QLFRGH Y\XåtYDOR MHQ 8 Då 8)))) NyGRYDFt VFKpPD 87) QHH[LVWRYDOR D SRXåtYDOR
VH 8&6 V SHYQRX ãtĜNRX EDMW\
Ŷ SR H[SDQ]L QD ELWĤ RG 8QLFRGH YHU]H 8&6 V SHYQRX ãtĜNRX SĜHVWiYi VWDþLW DOH QHQt PRåQp
MHM RSXVWLW SURWRåH MH ãLURFH SRXåtYiQR
Ɣ SURWR MH RG QDYUåHQR D RG QDVWXSXMH 87) SĜLMtPDQp Wpå Y ,62
Ɣ RG KRGQRW\ ]QDNX RGHþWHPH [ þtPå VH GRVWDQHPH GR UR]VDKX [ Då [)))))
Ƈ ELQiUQČ \\\\ \\\\ \\[[ [[[[ [[[[
Ɣ SĜLGiPH W\WR ELW\ N ]iNODGĤP ]iVWXSQêFK SiUĤ WM N [' D ['&
Ƈ ELQiUQČ \\ \\\\ \\\\ D [[ [[[[ [[[[
Ɣ SRXåLO VH VWHMQê WULN MDNR YH Y]WDKX 86$6&,, D 87)
Ŷ SUDNWLFN\
Ƈ YãH VWDUp PXVt ]ĤVWDW QH]PČQČQR QRYp VH SĜLGi ]YČWãHQtP ãtĜN\
Ɣ ]QDN 8
Ŷ 87) MH NyGRYDFt VFKpPD V SURPČQQRX ãtĜNRX þtPå VH RGOLãXMH RG 8&6 SUR ]QDN\ PLPR %03
Ɣ NyGRYiQt ]QDNĤ Y %03 VH QHPČQt
Ŷ PRåQpKR ]YČWãHQt ãtĜN\ VH GRViKOR WULNHP åH E\O\ Y\KUD]HQ\ GYD EORN\ NyGRYêFK ERGĤ YHONp
NWHUp VH PRKRX Y\VN\WRYDW SRX]H VSROHþQČ WM MHGHQ ]QDN MH ]DNyGRYiQ SRPRFt [ ELWĤ
[ ± [
[
Ƈ Y\ããt SiU _ ['
Ƈ QLåãt SiU _ [')
Ŷ SURWRåH L 87) SRWĜHEXMHPH VHULDOL]RYDW ]DSLVRYDW SR EDMWHFK GR VRXERUX SRXåtYi VH %20 UHVSHN
WLYH 87) H[LVWXMH YH YHU]tFK 87) 87)/( 87)%( YL] GĜtYH
Ɣ WR GiYi PRåQRVW ]DNyGRYDW [ ]QDNĤ QDG %03
Ɣ RED Ä]QDN\³ GRKURPDG\ VH QD]êYDMt ]iVWXSQp SiU\ VXUURJDWH SDLUV
87)
Ŷ SUYQt EORN MH Y UR]VDKX 8' Då 8'%)) WM
Ɣ Då Ŷ E\O GHILQRYiQ Y Ɣ D R]QDþXMH VH MHGQtP ] WHUPtQĤ
Ŷ SUR SUYQtFK ELWĤ VH QHOLãt RG 8&6
Ŷ QDG ELWĤ QHQt GHILQRYiQ QDUR]GtO RG 8&6 FRå MH DOH SRX]H DNDGHPLFNê SUREOpP
Ƈ KLJKKDOI ]RQH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW _ 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ RSČW H[LVWXMt WĜL YHU]H 87) 87)/( 87)%(
3UDNWLFNê GRSDG QD XåLYDWHOH SRþtWDþĤ Y
ýHVNp UHSXEOLFH
Ŷ ]FHOD EČåQČ VH PĤåHPH VHWNDW V GRNXPHQWHP NyGRYDQêP WČPLWR FKDUVHW\
Ɣ XYDåXMHPH SRX]H GRNXPHQW\ SVDQp ODWLQNRX
86$6&,, ± $PHULFDQ 6WDQGDUG &RGH IRU ,QIRUPDWL
RQ ,QWHUFKDQJH
DOLDV\ ,6286 ,%0 $6&,, FS GHIDXOW DVFLL $16,B; LVRLU XV LVRBLUY FV$6&,, $16,B; ,62BLUY
Ŷ ]iNODGQt VHGPLELWRYê FKDUVHW
3UREOpP\ SRMPHQRYiQt FKDUVHWĤ
Ŷ QHPĤåH ]REUD]LW DNFHQW\
Ŷ NDåGê Yê]QDPQČMãt XåLYDWHO QLNROL WYĤUFH FKDUVHWX SRYDåXMH ]D VYRML SRYLQQRVW MHM QRYČ SRMPHQRYDW
QHMOpSH ~SOQČ RGOLãQČ RG MLå XåtYDQêFK SRMPHQRYiQt
Ɣ Y]QLNi VLWXDFH NG\ MHGHQ D Wêå FKDUVHW Pi PQRåVWYt UĤ]QêFK MPHQ
Ŷ MH EČåQê Y GRNXPHQWHFK SVDQêFK DQJOLþWLQRX QHER YH ]GURMRYêFK NyGHFK SURJUDPĤ
,62 ± /DWLQ $OSKDEHW 1R DOLDV\ LEP O LEP FS ,62B ,62B ODWLQ FV,62/DWLQ LVRB B ,62 LVRLU
Ɣ QDSĜ 86$6&,, Pi GDOãtFK RILFLiOQČ HYLGRYDQêFK MPHQ
,6286 ,%0 $6&,, FS GHIDXOW DVFLL $16,B; LVRLU XV LVRBLUY
FV$6&,, $16,B; ,62BLUY
Ŷ WDNåH L NG\å MH XYHGHQR MPpQR FKDUVHWX SĜtMHPFH GRNXPHQWX QHPXVt EêW VFKRSHQ WH[W SĜHþtVW SURWRåH
WRWR SRMPHQRYiQt QLNROL FKDUVHW QH]Qi
Ŷ SRĜiGHN Y SRMPHQRYiQt ]DYiGt ,QWHUQHW $VVLJQHG 1XPEHUV $XWKRULW\ ,$1$ KWWSZZZLDQDRUJDV
VLJQPHQWVFKDUDFWHUVHWV
Ŷ ]iNODGQt RVPLELWRYê FKDUVHW SUR YêFKRGHRYURSVNp ]HPČ ± PH]LQiURGQt VWDQGDUG GOH ,62
Ŷ QD SODWIRUPČ 8QL[/LQX[ VH SRXåtYDOR ]FHOD YêKUDGQČ DOH SRVOHGQt YHU]H PQRKD GLVWULEXFt LPSOLFLWQČ
SRXåtYDMt 87)
ZLQGRZV ± :LQGRZV (DVWHUQ (XURSHDQ
DOLDV\ FS FS
Ŷ UR]OLãXMH Y SRMPHQRYiQt ]iNODGQt QHMRILFLiOQČMãt MPpQR NWHUp VH QD]êYi NDQRQLFNp MPpQR D RVWDWQt
HYLGRYDQi MPpQD NWHUêP VH ĜtNi DOLDV\
Ŷ RVPLELWRYê SURSULHWiUQt FKDUVHW I\ 0LFURVRIW
Ɣ QDSĜ 86$6&,, MH NDQRQLFNp MPpQR D SRNXG QHQt VSHFLiOQt GĤYRG PČOR E\ VH SRXåtYDW
Ŷ SRGSRURYiQ RSHUDþQtPL V\VWpP\ D DSOLNDFHPL WpWR ILUP\
Ɣ $16,B; MH HYLGRYDQê DOLDV RG 86$6&,,
Ŷ RG ,62 VH OLãt SRX]H YH ]QDFtFK ã â å ä Ģ ġ
Ŷ PĤåH VH VWiW åH MPpQR FKDUVHWX QHQt HYLGRYiQR Y ,$1$ DOH FKDUVHW MH SĜHVWR SRGSRURYiQ QČNWHUêPL
DSOLNDFHPL
Ɣ SDN VH SRXåtYi VWHMQê SULQFLS NDQRQLFNpKR MPpQD D DOLDVĤ DOH NDQRQLFNp MPpQR PXVt ]DþtQDW ]QDN\
Ä[³ QHER Ä;³
,%0 ± 06'26 /DWLQ
DOLDV\ LEP FV3&S FS LEP
Ŷ RVPLELWRYê SURSULHWiUQt FKDUVHW I\ ,%0
Ɣ QDSĜ $3, -DY\ SRSRUXMH FKDUVHW V NDQRQLFNêP MPpQHP [0DF&HQWUDO(XURSH D DOLDVHP 0DF&HQWUD
O(XURSH
Ŷ SRXåtYDQê FKDUVHW Y 06'26X D Y NRQ]RORYpP RNpQNX :LQGRZV
Ɣ $3, -'. SRGSRUXMH FKDUVHWĤ D DOLDVĤ
[0DF&HQWUDO(XURSH ± 0DFLQWRVK /DWLQ
DOLDV 0DF&HQWUDO(XURSH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ŷ RVPLELWRYê SURSULHWiUQt FKDUVHW I\ 0DFLQWRVK
3ĜtNODG -DN Y\SDGi EDMWRYČ GRNXPHQW REVDKXMtFt SRX]H VORYR Ä'iãD³
87) ± (LJKWELW 8&6 7UDQVIRUPDWLRQ )RUPDW
86$6&,,
QHO]H ]REUD]LW DNFHQW\ ,62
( % ZLQGRZV
( $ ,%0
$ ( [0DF&HQWUDO(XURSH
( Ŷ QD ]DþiWNX PĤåH PtW %20 () %% %) NWHUê DOH QHPi SUR FKDUVHW Yê]QDP PĤåH PtW Yê]QDP SUR
DSOLNDFL NWHUi SRGOH QČM VQDGQR SR]Qi 87)
87)
& $ & $ 87) V %20
() %% %) & $ & $ 87) ± 6L[WHHQELW 8&6 7UDQVIRUPDWLRQ )RUPDW
E\WH RUGHU LGHQWLILHG E\ DQ RSWLRQDO E\WHRUGHU PDUN
87) V %20 EH
)( )) ( 87) V %20 OH
)) )( ( DOLDV 87) XQLFRGHXWI
Ŷ ]iNODGQt FKDUVHW SUR XåLYDWHOH ]QDNRYp VDG\ 8QLFRGH
Ŷ ]QDN\ PDMt ãtĜNX QHER EDMW\
DOLDV\ XWI 87)B
Ŷ FKDUVHW SUR XåLYDWHOH ]QDNRYp VDG\ 8QLFRGH
87)%(
( 87)/(
( Ŷ Y DSOLNDFtFK VH þDVWR R]QDþXMH MDNR 8&6 FRå QHQt HYLGRYDQê DOLDV
=GURMH
Ŷ ]QDN\ PDMt ãtĜNX EDMW\
Ŷ -DYD?MGN?GRFV?JXLGH?LQWO?HQFRGLQJGRFKWPO
Ŷ QD ]DþiWNX PĤåH PtW %20 )( )) QHER )) )( NWHUê Pi Yê]QDP SUR XUþHQt SRĜDGt EDMWĤ
Ŷ -DYD?MGN?GRFV?DSL?MDYD?QLR?FKDUVHW?&KDUVHWKWPO
Ŷ QHREVDKXMHOL %20 PXVt VH SRĜDGt EDMWĤ ELJHQGLDQ QHER OLWWOHHQGLDQ Y\]NRXãHW
Ŷ KWWSZZZLDQDRUJDVVLJQPHQWVFKDUDFWHUVHWV
87)%( ± 6L[WHHQELW 8QLFRGH 7UDQVIRUPDWLRQ
)RUPDW ELJHQGLDQ E\WH RUGHU
Ŷ KWWSZZZXQLFRGHRUJ
Ŷ KWWSZZZXQLFRGHRUJIDT
Ŷ KWWSZZZXQLFRGHRUJUHSRUWVWU
DOLDV\ ;87)%( 8QLFRGH%LJ8QPDUNHG 87)B%( ,628&6
Ŷ KWWSZZZXQLFRGHRUJUHSRUWVWUWUKWPO
Ŷ KWWSZZZXQLFRGHRUJUHSRUWVWUWUKWPO
Ŷ ]QDN\ PDMt ãtĜNX EDMW\ D MVRX YåG\ Y ELJHQGLDQ SRĜDGt
Ŷ QD ]DþiWNX QHVPt PtW %20 MHOL WDP MH LJQRURYiQ YH YHU]L )()) L )))(
87)/( ± 6L[WHHQELW 8QLFRGH 7UDQVIRUPDWLRQ
)RUPDW OLWWOHHQGLDQ E\WH RUGHU
DOLDV\ 8QLFRGH/LWWOH8QPDUNHG ;87)/( 87)B/(
Ŷ ]QDN\ PDMt ãtĜNX EDMW\ D MVRX YåG\ Y OLWWOHHQGLDQ SRĜDGt
Ŷ QD ]DþiWNX QHVPt PtW %20 MHOL WDP MH LJQRURYiQ YH YHU]L )()) L )))(
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW .DSLWROD ;0/ ± REHFQp LQIRUPDFH
&R ;0/ QHQt
Ŷ KODYQt LQIRUPDþQt ]GURMUR]FHVWQtN Y ý5 ± ZZZNRVHNF]
Ŷ YãHVSDVLWHOQi WHFKQRORJLH
Ŷ SURJUDPRYDFt MD]\N ± QHO]H SĜHORåLW GR VSXVWLWHOQpKR SURJUDPX
=iNODGQt FKDUDNWHULVWLN\
Ŷ VtĢRYê SURWRNRO DVRFLDFH +70/ YHUVXV +773
Ŷ UR]ãLĜLWHOQê ]QDþNRYDFt MD]\N H;WHQVLEOH 0DUNXS /DQJXDJH
Ŷ GDWDEi]H DþNROLY V GDWDEi]HPL PĤåH VSROXSUDFRYDW
Ŷ SRFKi]t ] REODVWL ]DPČĜHQp QD XFKRYiQt D ]SUDFRYiQt WH[WRYêFK GRNXPHQWĤ
Ŷ QHQt YKRGQê SUR UR]ViKOp ELWRYp VHNYHQFH ± REUi]N\ ]YXN\ YLGHR
Ɣ MHKR ÄRWHF³ MH 6*0/ 6WDQGDUG *HQHUDOL]HG 0DUNXS /DQJXDJH
Ŷ PiOR YKRGQê SUR ]QDþQČ VWRYN\ 0% UR]ViKOi GDWD ]QDþN\ ]Y\ãXMt YHOLNRVW VRXERUX
Ɣ MHKR ÄEUDWU³ MH +70/ +\SHUWH[W 0DUNXS /DQJXDJH
2YČĜHQt VSUiYQRVWL
Ŷ VWDQGDUG :&
Ŷ GtN\ SHYQp VWUXNWXĜH O]H QH]iYLVOH QD EXGRXFt DSOLNDFL RYČĜRYDW VSUiYQRVW GDW
Ɣ YHOPL UR]ãtĜHQ
Ɣ YHONi YêKRGD ± NRQWUROD GDW VH SĜHVRXYi QD MHMLFK SRĜL]RYDWHOH
Ŷ MHGQRGXFKê RWHYĜHQê IRUPiW ± O]H OLERYROQČ GRSOĖRYDW
Ɣ YVWXSQt GDWD VH ]NRQWUROXMt SĜHG ]DVOiQtP GR DSOLNDFH
Ŷ SRSLVXMH GDWD QH]iYLVOH QD SODWIRUPČ
Ɣ DSOLNDFH PĤåH PtW SDN PQRKHP MHGQRGXããt YVWXS ± QHPXVt NRQWURORYDW FK\ERYp VWDY\
Ɣ Ä-DYD SRVN\WXMH SĜHQRVLWHOQê NyG ;0/ SĜHQRVLWHOQi GDWD³
Ŷ QČNROLN ]Y\ãXMtFtFK VH ~URYQt RYČĜRYiQt VSUiYQRVWL
Ŷ YROQi PQRåLQD ]QDþHN ± UR]GtO V +70/ ± V SHYQRX JUDPDWLNRX
MHQ ;0/ ± VSUiYQČ VWUXNWXURYDQê ZHOOIRUPHG GRNXPHQW
Ɣ O]H SURJUDPRYČ NRQWURORYDW VSUiYQRVW VWUXNWXU\ D þiVWHþQČ L REVDKX
Ɣ ]QDþN\ VH QHNĜtåt SRX]H MHGQD MH NRĜHQRYi DWG DVL MHGQRGXFKêFK SUDYLGHO ± SRGUREQČ YL] GiOH
Ŷ SULQFLSLiOQČ WH[WRYê VRXERU WH[WRYi LQIRUPDFH ± WH[WRYp MVRX ]QDþN\ L GDWD
;0/ D '7' ± YDOLGQt GRNXPHQW
Ŷ ]QDþNRYiQt MDVQČ SRSLVXMH ~þHO UR]GtO RG SURSULHWiUQtFK ELQiUQtFK IRUPiWĤ
Ɣ MH SRXåLWD MDVQČ GHILQRYDQi PQRåLQD ]QDþHN YH VSUiYQpP SRĜDGt
Ɣ ]QDþN\ QHXUþXMt Y]KOHG GDW DOH MHMLFK VWUXNWXUX
;0/ VFKpPDWD ;6'
Ƈ +70/ XUþXMH MDN VH GDWD ]REUD]t
Ɣ MDNR X '7' GDWD PDMt VSUiYQp W\S\ D þiVWHþQČ NRQWURORYDWHOQp KRGQRW\
Ƈ ;0/ XUþXMH MDNê PDMt GDWD Yê]QDP
Ŷ QD YHOPL MHGQRGXFKRX P\ãOHQNX MH QDYi]iQR YHONp PQRåVWYt WHFKQRORJLt ± YL] GiOH
9êYRM ;0/
Ŷ ;0/ MH MHGHQ ] QHMGĤOHåLWČMãtFK IRUPiWĤ YêPČQ\ GDW VWUXNWXURYDQêP ]SĤVREHP
Ŷ 6*0/ 6WDQGDUG *HQHUDOL]HG 0DUNXS /DQJXDJH
Ɣ ]QDþNRYDFt MD]\N SUR WH[WRYp GRNXPHQW\ DUPiGD 86$ OHWHFWYt
Ŷ MHGHQ NRQNUpWQt SĜtNODG
OHNDU!
MPHQR!
SULMPHQL!3HWUSULMPHQL!
NUHVWQL!3DYHONUHVWQL!
MPHQR!
WHOHIRQ! WHOHIRQ!
OHNDU!
Ƈ VSUiYD WHFKQLFNp GRNXPHQWDFH UR]VDKĤ GHVtWHN WLVtF VWUDQ
Ɣ H[WUpPQČ VORåLWê
Ŷ QHM~VSČãQČMãt DSOLNDFt 6*0/ MH +70/
Ŷ YêYRM ;0/ RG GR YHU]H Ɣ Y VRXþDVQp GREČ YHU]H 3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW SR]GUDY!DKRMSR]GUDY!
'YČ KODYQt REODVWL SRXåLWt
Ɣ Pi MHGHQ HOHPHQW W\SX SR]GUDY MHKRå REVDK MH DKRM W\SX Ä]QDNRYi GDWD³
Ŷ YH VNXWHþQRVWL MH MLFK PQRKHP YtFH ± SRXåLWt ;0/ MH U\FKOH VH UR]ãLĜXMtFt REODVW
1i]Y\ ]QDþHN Y ;0/
GRNXPHQW\ RULHQWRYDQp QD VGČOHQt
Ŷ NQLK\ ::: VWUiQN\ GRNXPHQWDFH ± 'RF%RRN
Ŷ REHFQČ O]H SRXåtW DNFHQWRYDQi L QHDNFHQWRYDQi StVPHQD þtVOLFH D ]QDN\ Ä³ SRPOþND ÄB ³SRGWUåtWNR
D Ä³WHþND
Ŷ QDYD]XMtFt WHFKQRORJLH QDSĜ ;6/7 ;6/7)2
Ŷ SRĜtGt VH MHGQRX R]QDþNRYDQê WH[W D SDN VH DXWRPDWLFN\ WUDQVIRUPXMH GR PQRKD YêVWXSQtFK þLWHOQêFK
IRUPiWĤ QDSĜ +70/ 36 3') 57) SODLQ WH[WX
GDWRYČ RULHQWRYDQp GRNXPHQW\
Ɣ QHVPt ]DþtQDW þtVOLFt
Ŷ UR]OLãXMH VH YHOLNRVW StVPHQ 32='5$9! 3R]GUDY! SR]GUDY! ± UĤ]Qp
Ŷ PČO\ E\ EêW Yê]QDPRYp ± ]! ]! ]! MVRX VLFH VSUiYQČ DOH QLF QHĜtNDMt R REVDKX
Ŷ %% EXVVLQHV WR EXVVLQHV DSOLNDFH ± VWUXNWXURYDQi GDWD SUR YêPČQX LQIRUPDFt PH]L DSOLNDFHPL
Ɣ WH[WRYê VRXERU RGVWLĖXMH
3UDNWLFNp GRSRUXþHQt SUR GDWRYČ RULHQWRYDQp GRNXPHQW\
Ŷ V RKOHGHP QD EXGRXFt PRåQRVW DXWRPDWL]RYDQpKR JHQHURYiQt SURJUDPĤ GDWD ELQGLQJ MH YêKRGQp
Ƈ UR]VDK þtVHO LQW MH GYRXEDMWRYp
Ɣ Y\WYiĜHW Qi]Y\ ]QDþHN SRPRFt VWHMQêFK SUDYLGHO MDNR LGHQWLILNiWRU\ Y -DYČ QDSĜ
Ƈ W\S þtVHO ]QDPpQNRYp LQW MH Y GRSOĖNRYpP NyGX
SR]GUDY XYLWDFL3R]GUDY SR]GUDY1D5R]ORXFHQRX
Ƈ ]SĤVRE XORåHQt þtVHO ELJ QHER OLWWOHHQGLDQ
Ɣ Y LGHQWLILNiWRUHFK QHSRXåtYDW
Ŷ NRQILJXUDþQt VRXERU\ D PQRKp GDOãt
Ƈ DNFHQW\ ± WHRUHWLFN\ E\ DOH QHPČO\ GČODW SUREOpP\
6\QWD[H D SUYN\ ;0/
Ƈ SRPOþN\ D WHþN\ ± XUþLWČ EXGRX GČODW SUREOpP\
Ŷ GRNXPHQW ;0/ VH VNOiGi ] WH[WRYpKR REVDKX R]QDþNRYDQpKR SRPRFt WH[WRYêFK ]QDþHN WDJĤ
2EHFQČ SODWQi SUDYLGOD SUR ]QDþN\
Ŷ SRXåtYi VH VORYR ÄGRNXPHQW³ SURWRåH WR QHPXVt EêW QXWQČ VRXERU ;0/ GRNXPHQW SR VtWL
Ŷ NDåGi ]QDþND PXVt PtW VYRML X]DYtUDFt ]QDþNX
Ŷ ]QDþN\ VL O]H OLERYROQČ GRGiYDW ± RWHYĜHQê IRUPiW ± UR]GtO RG +70/
Ɣ SODWt L SUR SUi]GQRX ]QDþNX
Ŷ ]QDþN\ SRSLVXMt REVDK QLNROLY IRUPiWRYiQt
EH]3R]GUDYX!EH]3R]GUDYX!
Ŷ QD ]QDþN\ MVRX PQRKHP SĜtVQČMãt SUDYLGOD QHå Y +70/
Ƈ O]H ]NUiWLW QD
Ɣ GRNXPHQW VH KĤĜH StãH
± EH]3R]GUDYX!
Ɣ Gi VH DOH VQDGQR VSUiYQČ QDþtVW ]NRQWURORYDW SURWRåH MH SDUVHU MHGQRGXããt
± EH]3R]GUDYX !
Ƈ DVL NyGX SURKOtåHþĤ +70/ ĜHãt FK\ERYp VLWXDFH WM SUREOpP\ Y GDWHFK
Ŷ HOHPHQW
Ŷ GRNXPHQW\ PDMt YåG\ VWUXNWXUX VWURPX
SRþiWHþQt D NRQFRYi ]QDþND D LQIRUPDFH PH]L QLPL
Ɣ MHQ MHGHQ HOHPHQW MH NRĜHQRYê HOHPHQW GRNXPHQWX
Ŷ PXVt H[LVWRYDW MHGHQ HOHPHQW NWHUê MH NRĜHQRYê YãH REDOXMH
Ɣ YãHFKQ\ GDOãt HOHPHQW\ MVRX HOHPHQW\ SRWRPNĤ
Ŷ QHMMHGQRGXããt ;0/ GRNXPHQW NWHUê DOH QHPi åiGQê VP\VO
Ŷ PH]HU\ YH IRUPiWRYiQt MVRX LJQRURYiQ\
D!
OHNDU!
MPHQR!
Ɣ Pi MHGHQ HOHPHQW W\SX D NWHUê QHPi REVDK
Ŷ QHMMHGQRGXããt ;0/ GRNXPHQW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW MPHQR!
WHOHIRQ! WHOHIRQ!
OHNDU!
Ɣ WĜL YtFHPpQČ VWHMQp PRåQRVWL
YDKD MHGQRWND NJ KRGQRWD !
YDKD MHGQRWND NJ!YDKD!
Ŷ NDåGê SRWRPHN Pi QHMYêãH MHGQRKR URGLþH ± QHO]H NĜtåLW ]QDþN\ ± FK\ED
YDKD!
MHGQRWND!NJMHGQRWND!
KRGQRWD!KRGQRWD!
YDKD!
MPHQR!
NUHVWQL!3DYHOMPHQR!
NUHVWQL!
Ɣ QHER QHMPpQČ YKRGQČ HOHPHQW VH VPtãHQêP REVDKHP
Ŷ HOHPHQW\ REVDKXMt
YDKD!
MHGQRWND!NJMHGQRWND!
YDKD!
Ɣ MLQp HOHPHQW\ QDSĜ
Ƈ MPHQR! REVDKXMH GYD HOHPHQW\ D WR SULMPHQL! D NUHVWQL!
Ɣ GDWD QDSĜ
Ŷ DWULEXW\ UĤ]QêFK HOHPHQWĤ PRKRX PtW VWHMQi MPpQD
Ƈ SULMPHQL! REVDKXMH ĜHWČ]HF WM GDWD 3HWU
Ŷ MH PRåQê HOHPHQW V NRPELQRYDQêP VPtãHQêP REVDKHP
Y\VND MHGQRWND FP!Y\VND!
WHOHIRQ!
SUHGYROED! SUHGYROED! WHOHIRQ!
Ŷ DWULEXW O]H YåG\ QDKUDGLW YQRĜHQêP HOHPHQWHP
.G\ SRXåtW HOHPHQW\ D NG\ DWULEXW\
Ɣ NWHUpPX VH DOH VQDåtPH Y\KQRXW
$WULEXW\
$WULEXW\
Ŷ GRSĜHGX MH MDVQi GRPpQD KRGQRW
Ŷ GYRMLFH Qi]HYKRGQRWD XPtVWČQi GR SRþiWHþQt ]QDþN\
Ɣ GDWXP\ D þDV\
Ŷ KRGQRW\ PXVHMt EêW ]DYĜHQ\ GR XYR]RYHN SR]RU QLNROLY Ä QHER ³ QHER ´ Ɣ þtVHOQp ~GDMH V RPH]HQêP UR]VDKHP YHN Då YDKD MHGQRWND NJ!YDKD!
Ɣ YêþW\ þtVHO GSK QHER QHER Ɣ Qi]HY DWULEXWX MH ÄMHGQRWND³
Ɣ YêþW\ WH[WĤ MHGQRWND NJ QHER J QHER OLEUD
Ɣ KRGQRWD DWULEXWX MH ÄNJ³
Ŷ LQIRUPDFL Xå QHO]H GiOH VWUXNWXURYDW
Ŷ MHOL Y KRGQRWČ ]QDN XYR]RYHN O]H KRGQRWX X]DYĜtW GR DSRVWURIĤ
Ŷ PXVt H[LVWRYDW SHYQČ GDQê WM QHEXGH VH PČQLW Y]WDK N HOHPHQWX
]QDN Y]KOHG SRSLV XYR]RYN\ !
Ŷ SRWĜHED NRPSDNWQtKR ]iSLVX ± KRGQRWD DWULEXWX MH X]DYĜHQi Y XYR]RYNiFK QHQt SRWĜHED ML X]DYtUDW
NRQFRYRX ]QDþNRX
Ŷ DWULEXWĤ PĤåH PtW ]QDþND YtF D QD MHMLFK SRĜDGt QH]iOHåt
YDKD MHGQRWND NJ GDWXP9D]HQL ! YDKD!
Ŷ MH QHYKRGQp XPtVWLW GR DWULEXWX REHFQê WH[W
Ŷ DWULEXW\ SĜHGVWDYXMt NRPSDNWQČMãt ]iSLV
FLWiW WH[W %\OL MVPH D EXGHP!
Ɣ þDVWR VH VQDGQČML ]SUDFRYiYDMt SRGSĤUQêPL WHFKQRORJLHPL
Ŷ X GRNXPHQWĤ RULHQWRYDQêFK QD VGČOHQt E\ PČO DWULEXW SĜHGVWDYRYDW SRX]H GRSOĖNRYRX LQIRUPDFL
Ŷ QČNG\ GLOHPD ]GD SRXåtW DWULEXW QHER REVDK HOHPHQWX þL YQRĜHQê HOHPHQW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW FLWDW MD]\N þHãWLQD!
%\OL MVPH D EXGHP
FLWDW!
FLWDW MD]\N DQJOLþWLQD!
7R EH RU QRW WR EH"
SR]QDPND3RG&DURX FLVOR !
6KDNHVSHDUH
SR]QDPND3RG&DURX!
FLWDW!
6HNFH &'$7$
Ŷ SUR YêSLV WH[WX ÄWDN MDN MH³ ± YČWãLQRX X GRNXPHQWĤ RULHQWRYDQêFK QD VGČOHQt
QHURYQRVW!>&'$7$> @@!QHURYQRVW!
Ŷ QHFKiYi YãHP ]QDNĤP SĤYRGQt Yê]QDP
Ŷ SRXåLWt SUR YêSLV\ SURJUDPĤ SĜtND]\ YQRĜHQêFK MD]\NĤ DSRG
XVHN3URJUDPX MD]\N -DYD!
>&'$7$>
IRU LQW L
L L ^
6\VWHPRXWIRUPDWG ?Q L
`
@@!
XVHN3URJUDPX!
3R]QiPND
3UDNWLFN\ VH SUR R]QDþHQt MD]\ND SRXåtYi MPHQQê SURVWRU YL] GiOH
FLWDW [POODQJ FV!%\OL MVPH D EXGHPFLWDW!
FLWDW [POODQJ HQ!7R EH RU QRW WR EH"FLWDW!
(OHPHQW\
.RPHQWiĜH
Ŷ RSDNXMHOL VH YtFHNUiW ± DWULEXW\ PXVHMt PtW UR]GtOQi MPpQD
NRPHQiĜ !
YDKRYH=PHQ\ SHULRGD9D]HQL GQĤ!
KRGQRWD!KRGQRWD!
KRGQRWD!KRGQRWD!
KRGQRWD!KRGQRWD!
YDKRYH=PHQ\!
Ŷ QHVPt VH YQRĜRYDW D QHVPt EêW VRXþiVWt ]QDþN\
Ŷ FK\ED YDKD VSLVRYQČ KPRWQRVW ! !
=SUDFRYiYDFt LQVWUXNFH
Ŷ YãHFKQ\ GDOãt SĜtSDG\ NWHUp QHMVRX Y\MPHQRYiQ\ X DWULEXWĤ
Ŷ X]DYĜHQ\ GR ]QDþN\ " "!
(QWLWQt UHIHUHQFH
Ŷ SĜtNODG QHMþDVWČMãt LQVWUXNFH NWHUi MH Y QDSURVWp YČWãLQČ SĜtSDGĤ MDNR SUYQt ĜiGND ;0/ GRNXPHQWX
"[PO YHUVLRQ HQFRGLQJ XWI"!
Ŷ QiKUDGD SUREOHPDWLFNêFK ]QDNĤ ]QDNRYpKR REVDKX HOHPHQWX
Ɣ FK\EQČ QHURYQRVW! QHURYQRVW!
'HNODUDFH ;0/ D SRXåLWê FKDUVHW
Ɣ GREĜH QHURYQRVW! OW QHURYQRVW!
Ŷ GH IDFWR SRYLQQê ]DþiWHN NDåGpKR ;0/ GRNXPHQWX
Ŷ SĜHGHILQRYDQp HQWLW\
"[PO YHUVLRQ HQFRGLQJ XWI"!
OW
DPS
JW
!
TXRW
DSRV
Ɣ SUR XUþHQt FKDUVHWX ]iVDGQČ SRXåtYDW NDQRQLFNi MPpQD ± YL] GĜtYH
Ŷ ;0/ LPSOLFLWQČ SRXåtYi ]QDNRYRX VDGX 8QLFRGH
Ɣ EH] XUþHQt FKDUVHWX Y DWULEXWX HQFRGLQJ MH GRNXPHQW LPSOLFLWQČ Y 87)
"[PO YHUVLRQ "!
Ŷ QH]iYLVOH QD SRXåLWpP NyGRYiQt O]H GR GRNXPHQWX YORåLW MDNêNROLY ]QDN
Ɣ MH WĜHED ]QiW MHKR 8QLFRGH FRGH SRLQW ZZZXQLFRGHRUJFKDUWV
Ɣ QDSĜ ȍ MH
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ [$ KH[DGHFLPiOQČ
Ŷ SĜtNODG REVDKXMtFt VWHMQi GDWD MDNR SĜHGFKi]HMtFt WH[WRYê VRXERU
Ƈ GHNDGLFN\ ± QHSRXåtYDW ± PDWH
8Ni]ND YêKRG GDWRYČ RULHQWRYDQpKR ;0/
GRNXPHQWX
Ŷ SRXåLWt SUR SĜHGiYiQt GDW PH]L DSOLNDFHPL
Ŷ PRåQRVWL
ELQiUQt VRXERU Y SURSULHWiUQtP IRUPiWX
WH[WRYê VRXERU
;0/ GRNXPHQW
%LQiUQt VRXERU Y SURSULHWiUQtP IRUPiWX
Ŷ QHMKRUãt PRåQRVW SUREOpP\ V
Ɣ GpONRX ĜHWČ]FĤ
Ɣ NyGRYiQtP þHãWLQ\
Ɣ GDWRYêPL W\S\ þtVHO D MHMLFK UR]VDKHP
Ɣ RUJDQL]DFt GDW DWG
7H[WRYê VRXERU
Ŷ RGSDGDMt SUREOpP\ V GpONRX ĜHWČ]FĤ D GDWRYêPL W\S\ þtVHO
Ŷ ]ĤVWiYDMt SUREOpP\ NyGRYiQt þHãWLQ\ D KODYQČ Yê]QDP MHGQRWOLYêFK GDW
Ŷ O]H SRXåtW MHQ SUR MHGHQ W\S ]i]QDPX D QDYtF V QHPČQQRX VWUXNWXURX
3HWU3DYHO 9DQGD$OH[DQGUD
PXŐŜŐiWŌ£KOŌŝ-LŐgŌ£
ŐŜHQD2WŌŝOLH2W\OŌt
"[PO YHUVLRQ HQFRGLQJ 87)"!
REH]LWRORJLH!
SHUVRQDO!
OHNDU!
MPHQR!
MPHQR!
WHOHIRQ! WHOHIRQ!
OHNDU!
VHVWUD!
MPHQR!
NUHVWQL!9DQGDNUHVWQL!
SULMPHQL!$OH[DQGUDSULMPHQL!
MPHQR!
VHVWUD!
SHUVRQDO!
OHFHQH2VRE\!
QDGYDKD!
SDFLHQW SRKODYL PXå!
MPHQR!
SULMPHQL!âWtKOêSULMPHQL!
NUHVWQL!-LĜtNUHVWQL!
MPHQR!
SDFLHQW!
QDGYDKD!
SRGY\]LYD!
SDFLHQW SRKODYL åHQD!
MPHQR!
NUHVWQL!2WêOLHNUHVWQL!
SULMPHQL!2W\OiSULMPHQL!
MPHQR!
YDKD!YDKD!
SDFLHQW!
SRGY\]LYD!
OHFHQH2VRE\ !
REH]LWRORJLH!
3R]QiPND
-LQp ]SĤVRE\ ]iSLVX ;0/ GRNXPHQWX
'DWD MVRX ]iPČUQČ Y QH]QiPpP FKDUVHWX NWHUê QHXPt HGLWRU ]REUD]LW
Ŷ SĜHGFKR]t GRNXPHQW VSOĖXMH YãHFKQ\ SRGPtQN\ ;0/ MH ZHOOIRUPHG ± O]H MHM YDOLGRYDW
;0/ GRNXPHQW
Ŷ DOH ] KOHGLVND GDOãtKR ]SUDFRYiQt SRKOtåtPH QD QČM MDNR QD GDWRYČ RULHQWRYDQê GRNXPHQW QHQt GREUê
Ŷ MH MHGQR]QDþQČ XUþHQ FKDUVHW NyGRYiQt þHãWLQ\
Ɣ Pi SĜtOLã ÄVWXSĖĤ YROQRVWL³ QDSĜ
Ŷ MH ]FHOD ]ĜHMPê Yê]QDP MHGQRWOLYêFK GDW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ƈ SULMPHQL! D NUHVWQL! O]H SURKRGLW
3ĜHGQiãN\ .,933$ 3DYHO +HURXW OHFHQH2VRE\!
REH]LWRORJLH!
Ƈ WHOHIRQ! X VHVWUD! MH QHSRYLQQê
Ƈ DWULEXW MHGQRWND HOHPHQWX YDKD! MH QHSRYLQQê
3ORFKp VFKpPD
Ƈ HOHPHQW\ Y\VND! D YDKD! O]H SURKRGLW
Ŷ QiVOHGXMt XNi]N\ GYRX UĤ]QêFK SĜtVWXSĤ OpSH VWUXNWXURYDQêFK GRNXPHQWĤ
REH]LWRORJLH!
RVRED UROH OpNDĜ!
MPHQR!
MPHQR!
WHOHIRQ! WHOHIRQ!
RVRED!
3ĜtVQČ KLHUDUFKLFNp VFKpPD
REH]LWRORJLH!
SHUVRQDO!
OHNDU!
MPHQR!
MPHQR!
WHOHIRQ! WHOHIRQ!
OHNDU!
VHVWUD!
MPHQR!
MPHQR!
WHOHIRQ! WHOHIRQ!
VHVWUD!
SHUVRQDO!
RVRED UROH VHVWUD!
MPHQR!
MPHQR!
RVRED!
RVRED UROH SDFLHQW QDGYiKD!
MPHQR!
MPHQR!
SRKODYL KRGQRWD PXå!
RVRED!
OHFHQH2VRE\!
QDGYDKD!
SDFLHQW SRKODYL PXå!
MPHQR!
MPHQR!
SDFLHQW!
QDGYDKD!
RVRED UROH SDFLHQW SRGYêåLYD!
MPHQR!
MPHQR!
SRKODYL!
YDKD!YDKD!
RVRED!
REH]LWRORJLH!
SRGY\]LYD!
SDFLHQW SRKODYL åHQD!
MPHQR!
MPHQR!
SDFLHQW!
SRGY\]LYD!
3RURYQiQt RERX ]SĤVREĤ
Ŷ QHO]H REHFQČ ĜtFL NWHUê SĜtVWXS MH OHSãt
Ɣ SRNXG O]H RþHNiYDW Y EXGRXFtP GRNXPHQWX PQRåVWYt RUJDQL]DþQtFK ]PČQ MH OHSãt SORFKp VFKpPD
RVRED UROH SULPiĜ! RVRED UROH YUFKQt VHVWUD!
Ƈ QRYp UROH VH SĜLGiYDMt VQDGQR EH] QXWQRVWL ]iVDKX GR VWiYDMtFt VWUXNWXU\
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW Ɣ MHOL VWUXNWXUD YtFHPpQČ QHPČQQi MH OHSãt Y\XåtW FR QHMYtFH KLHUDUFKLFNp VFKpPD WM GRGDW FR PRåQi
QHMYtFH LQIRUPDFt
Ŷ ] GORXKRGREêFK ]NXãHQRVWt YtPH åH VH GDWD PČQt PpQČ SRPDOHML QHå DSOLNDFH
MD]\N& Xå GORXKR ! SĜHGQiãt +HURXW!
SURFHGXUiOQt
MD]\N&!
Ɣ þtP YtFH LQIRUPDFH GRNXPHQW REVDKXMH WtP OpSH
YH ]QDNRYêFK GDWHFK QHMVRX ]QDN\ D Ɣ QHYDGt NG\å VH Y MHGQRWOLYêFK DSOLNDFtFK YãHFKQ\ LQIRUPDFH SRNDåGp QHY\XåLMt
MD]\N& SĜHGQiãt +HURXW!
RSHUiWRU YUiWt DGUHVX
MD]\N&!
.RQWUROD ;0/ GRNXPHQWX
Ŷ QHMQLåãt ~URYHĖ NRQWURO\ YDOLGDFH
Ɣ GRNXPHQW MH VSUiYQČ VWUXNWXURYiQ ZHOOIRUPHG
Ŷ SĜL SUĤEČKX NRQWURO\ VH QLF DXWRPDWLFN\ QHRSUDYXMH
Ŷ H[LVWXMH VHGP REODVWt ]iNODGQt NRQWURO\ YãHFKQ\ SĜtNODG\ MVRX FK\ERYp
Ɣ MHGQR]QDþQRVW ]GURMRYpKR ;0/ GRNXPHQWX
PXVt H[LVWRYDW SUiYČ MHGHQ NRĜHQRYê HOHPHQW
Ŷ QHMMHGQRGXããt NRQWUROD ± ]REUD]LW Y +70/ SURKOtåHþL QDSĜ 06,( "[PO YHUVLRQ HQFRGLQJ 87)"!
MD]\N&!SURFHGXUiOQtMD]\N&!
MD]\N-DYD!REMHNWRYêMD]\N-DYD!
Ŷ SUDNWLFN\ MVRX NRQWURO\ SURYiGČQ\ MLå KRWRYêPL SDUVHU\
Ŷ YDOLGDFH SRPRFt SDUVHUX [HUFHV
![HUFHVEDW VRXERU[PO
NDåGi SRþiWHþQt ]QDþND Pi RGSRYtGDMtFt XNRQþXMtFt ]QDþNX
Ŷ NGH [HUFHVEDW MH VRXERU XORåHQê Y FHVWČ 3$7+ V MHGQRĜiGNRYêP REVDKHP
MD]\N&!SURFHGXUiOQt
#MDYD FS F?3URJUDP )LOHV?-DYD?[HUFHV?[HUFHV,PSOMDUF?3URJUDP )LOHV?-D
YD?[HUFHV?[PO3DUVHU$3,VMDUF?3URJUDP )LOHV?-DYD?[HUFHV?[HUFHV6DPSOHVMDU
VD[&RXQWHU HOHPHQW\ VH QHVPČMt SĜHNUêYDW NĜtåLW
Ŷ SUR VSUiYQČ IRUPXORYDQê GRNXPHQW Y\StãH
MD]\N&!SURFHGXUiOQt
FKDUDNWHULVWLND!XQLYHU]iOQt
MD]\N&!
FKDUDNWHULVWLND!
![HUFHV REH]LWRORJLHSHYQH[PO
REH]LWRORJLHSHYQH[PO PV HOHPV DWWUV VSDFHV FKDUV
-PHQQp SURVWRU\ ;0/ QDPHVSDFHV
KRGQRW\ DWULEXWĤ PXVt EêW Y XYR]RYNiFK QHER Y DSRVWURIHFK
Ŷ PRåQRVW NRPELQRYDW YtFH VDG ]QDþHN Y MHGQRP GRNXPHQWX
MD]\N& Y\XFXMLFL +HURXW!
SURFHGXUiOQt
MD]\N&!
Ŷ NDåGi VDGD ]QDþHN MH MHGQR]QDþQČ GHILQRYiQD VYRMt 85, DGUHVRX
Ɣ 85, 8QLIRUP 5HVRXUFH ,GHQWLILHU MH QDGPQRåLQD 85/ 8QLIRUP 5HVRXUFH /RFDWRU
Ɣ 85/ MHGQR]QDþQČ XUþXMH XPtVWČQt GRNXPHQWX Y VtWL
HOHPHQW QHVPt PtW VWHMQČ SRMPHQRYDQp DWULEXW\
Ŷ SURþ VH WR GČOi"
MD]\N& +HURXW SĜHGQiãt +HURXW ]NRXãt!
SURFHGXUiOQt
MD]\N&!
Ɣ SRXåtYDMt VH MLå KRWRYp VDG\ ]QDþHN EXć ] '7' QHER ] ;6'
Ɣ GRNXPHQW Y\WYiĜtGRSOĖXMH YtFH OLGt
Ŷ SUR SRXåLWt HOHPHQWX ] XUþLWp VDG\ ]QDþHN MH WĜHED XUþLW LGHQWLILNiWRU SUHIL[ WpWR VDG\
NRPHQWiĜH QHVPt EêW YQRĜHQp D DQL XYQLWĜ ]QDþHN
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 3ĜHGQiãN\ .,933$ 3DYHO +HURXW $
RVREQLFLVOR!
RVREQLMPHQR!
3DYHO +HURXW
RVREQLMPHQR!
RVREQLLGHQWLILNDFH!
Ɣ MPpQR SUHIL[X MH OLERYROQp PČOR E\ EêW FR QHMNUDWãt
Ɣ SUHIL[ VH XUþXMH SRPRFt VSHFLiOQtKR DWULEXWX [POQV ;0/ QDPHVSDFHV
[POQVMPHQR3UHIL[X 85, VDG\ ]QDþHN
Ŷ SUHIL[ VH SDN SRXåtYi SĜHG NDåGêP Qi]YHP HOHPHQWX QHER DWULEXWX
MPHQR!
3UDNWLFNp SR]QDWN\ ] Y\XåLWt ;0/ Y OLKRYDUQLFWYt
MPHQR!
KRGQRFHQL ERGX !
HYLGHQFH3UHGPHWX35-!
SUMHYLGHQFH3UHGPHWX35-
[POQVSUM KWWSZZZNLY]FXF]aKHURXW[POSUMVDGD
[POQVRVREQL KWWSZZZNLY]FXF]aKHURXW[PORVREQLVDGD !
RVREQLLGHQWLILNDFH!
RVREQLFLVOR!
$
RVREQLFLVOR!
RVREQLMPHQR!
3DYHO +HURXW
RVREQLMPHQR!
RVREQLLGHQWLILNDFH!
Ŷ SR]RU QD WR åH LPSOLFLWQt MPHQQê SURVWRU VH QHY]WDKXMH QD DWULEXW\
Ɣ ]GH WR QHYDGt Y EXGRXFQX SĜL SRXåLWt ;6' EXGH
Ŷ MPHQQp SURVWRU\ PDMt SODWQRVW SUR YãHFKQ\ SRGĜD]HQp HOHPHQW\
Ŷ GiOH SODWt SUDYLGOR åH SR]GČML GHNODURYDQê ]DVWLĖXMH GĜtYH GHNODURYDQê
HYLGHQFH3UHGPHWX35-
[POQV KWWSZZZNLY]FXF]aKHURXW[POSUMVDGD
!
SUMMPHQR!
SUMMPHQR!
SUMKRGQRFHQL SUMERGX !
SUMHYLGHQFH3UHGPHWX35-!
LGHQWLILNDFH
[POQV KWWSZZZNLY]FXF]aKHURXW[PORVREQLVDGD
!
FLVOR!
$
FLVOR!
MPHQR!
3DYHO +HURXW
MPHQR!
LGHQWLILNDFH!
Ŷ 85, VDG\ ]QDþHN PXVt EêW XQLNiWQt
Ɣ YČWãLQRX VH SRXåtYi 85/ D RGSRYtGDMtFt VRXERU QHPXVt H[LVWRYDW
Ɣ 85, SRX]H ]DMLãĢXMH MHGQR]QDþQp SRMPHQRYiQt
Ŷ Y ;0/ GRNXPHQWX SDN O]H SRXåtW GYD HOHPHQW\ SRMPHQRYDQp MPHQR! UR]OLãHQp SUHIL[HP
Ɣ RVREQLMPHQR!
MPHQR!
MPHQR!
KRGQRFHQL ERGX !
HYLGHQFH3UHGPHWX35-!
Ɣ SUMMPHQR!
Ŷ MH PRåQp MHGHQ MPHQQê SURVWRU GHNODURYDW MDNR LPSOLFLWQt
Ɣ W\SLFN\ SRNXG MHGQD VDGD ]QDþHN YêUD]QČ SĜHYDåXMH QDG GUXKRX
Ɣ O]H SDN Y\QHFKDW MHKR SUHIL[
Ŷ WRWR MH SUDNWLFN\ Y\XåLWHOQi PRåQRVW SURWRåH VH HOHPHQW\ ] UĤ]QêFK VDG PiORNG\ ÄPtFKDMt GR VHEH³
HYLGHQFH3UHGPHWX35-
[POQV KWWSZZZNLY]FXF]aKHURXW[POSUMVDGD
[POQVRVREQL KWWSZZZNLY]FXF]aKHURXW[PORVREQLVDGD
!
Ŷ MPHQQp SURVWRU\ PDMt PQRKR GDOãtFK PRåQRVWt ± YL] OLWHUDWXUD
/LWHUDWXUD
.RVHN - ;0/ SUR NDåGpKR *5$'$ RVREQLLGHQWLILNDFH!
RVREQLFLVOR!
3ĜHGQiãN\ .,933$ 3DYHO +HURXW 0DUFKDO % ;0/ Y SĜtNODGHFK &RPSXWHU 3UHVV 3ĜHGQiãN\ .,933$ 3DYHO +HURXW +DUROG (5 ± 0HDQV :6 ;0/ Y NRVWFH &RPSXWHU 3UHVV 3ĜHGQiãN\ .,933$ 3DYHO +HURXW

Přednášky k předmětu

Transkript

Podobné dokumenty

oop-prednasky_4a6 4.07MB 18.12.2013 00:08:30

ýDVRYDţ

PLC, IPC, DCS

nový peugeot 5008

Invoice SZ1221283