KXSXKDVWLYDOJXVWLRQWHLVWHVW
IXQNWVLRRQLGHVWV·OWXPDWX
.HHGXDODYDMXWDJHYDOJXVWXVH
QXSSX
6DKWOLVXOJHPLQH
·KXSXKDVWLYDOJXVWXVWHLP·MXWD
9HQWLODDWRULY¦OMDO¾OLWDPLVHNVYDMXWDJHQXSSX
Y·LVXOJHJH·KXSXKDVWLVDKWHO
6DKWOLVXOJHPLVHOVDOYHVWDE
·KXSXKDVWLYLLPDWLNDVXWDWXG
YHQWLODDWRULNLLUXVHV¦WWHG.XL
W·PEDWHVDKWOLXXHVWLY¦OMD
KDNNDE·KXSXKDVWLW¸¸OHVHOOH
YHQWLODDWRULNLLUXVHJD
38+$6786-$+22/'86
0¦UNXVHGSXKDVWDPLVHNRKWD
3XKDVWXVYDKHQGLG
UJHNDVXWDJHDEUDVLLYVHLGYDKHQGHLGHJDKDUMX
3XKDVWDJHVHDGPHSLQGDSHKPHODSLVRRMDYHHQLQJSHKPHWRLPHOLVHSHVXYDKHQGLJD
3¦UDVWWRLGXYDOPLVWDPLVWRQP·QHGVHDGPHRVDGNXXPDG3OHNNLGHY¦OWLPLVHNVODVNH
VHDGPHOHQQHSXKDVWDPLVWMDKWXGDNXLYDWDJHVHGDSXKWDODSLY·LN¸¸JLSDEHULJD
3OHNNLGHHHPDOGDPLVHNVNDVXWDJHSHKPHWRLPHOLVWSXKDVWXVYDKHQGLW
+RLGNH·KXSXKDVWL
SXKWDQD
1LLVHDGHWNXLUDVYDILOWULWWXOHNVS·KMDOLNXPDOWSXKDVWDGDNRUGNXXV3XKDVWDJHKRROLNDOW
VHDGPHVLVHPXVMDUDVYDILOWULGUDVYDVW7RLGXM¦¦NLGHNRJXQHPLQHY·LENDDVDWXXDV¾WWLPLಣ
VH
5DVYDILOWUHLGY·LESHVWDNDQ·XGHSHVXPDVLQDV
1·XGHSHVXPDVLQSHDEROHPDVHDWXGPDGDODOHWHPSHUDWXXULOHMDO¾KLNHVHOHWV¾NOLOH5DVಣ
YDILOWHUY·LEY¦UYLPXXWDNXLGVHHHLP·MXWDVHDGPHWRLPLYXVW
6¸HILOWHU
6¸HILOWULN¾OODVWXPLVDHJPXXWXEV·OWXYDOWWRLGXYDOPLVWDPLVHW¾¾ELVWMDUDVYDILOWULSXKDVWDPLಣ
VHUHJXODDUVXVHVW$NWLYHHULWXGV¸HILOWHUHLROHSHVWDYVHGDHLVDDUHJHQHUHHULGDQLQJVHH
WXOHEXXHYDVWXY¦OMDYDKHWDGDLJDNXXWDJDQWY·LY¦JDLQWHQVLLYVHNDVXWDPLVHNRUUDO
WLKHGDPLQL
5DVYDILOWULSXKDVWDPLQH
)LOWULWHSDLJDOGDPLVHORQYDVWDVSRROHO
NDVXWDWXGNODPEUHLGMDWLKYWH
)LOWULSXKDVWDPLVHNV
9DMXWDJHNLQQLWXVNODPEULKRLGLNXWPLV
DVXEILOWULSDQHHOLO·KXSXKDVWLDOO
1
2
.DOOXWDJHILOWULHVLRVDNHUJHOWDOODSRROH
VHHM¦UHOW·PPDNH
((67,