4PMVUJPO
1MVT
%RVFK6HFXULW\6\VWHPV%/&&8
6TFS(VJEF
#BTJD4ZTUFN0QFSBUJPO
5VSOJOH"O"SFB"MM0O
6TF UIJT GVODUJPO UP UVSO BO BSFB "MM 0O 5IF 4PMVUJPO
1MVT
DPOUSPMQBOFMJTGBDUPSZEFGBVMUPOMZGPSPOFBSFB"TTPPOBTZPV
UVSOBOBSFBPOFYJUUJNFXJMMTUBSU&YJUUJNFBMMPXTZPVUPFYJU
UIFQSFNJTFTXJUIPVUTPVOEJOHBOBMBSN:PVSTFDVSJUZDPNQBOZ
QSPHSBNTUIFMFOHUIPGFYJUEFMBZUJNF
.BLFTVSFUIBUBMM[POFTBSFOPSNBMOPUGBVMUFE
&OUFSZPVS1*/UIFOQSFTTUIF<0/>LFZ
*G ZPVS 1*/ JT WBMJE BOE JG BMM [POFT BSF OPSNBM FYJU EFMBZ UJNF
XJMMTUBSU:PVTIPVMEMFBWFOPX*GZPVS4PMVUJPODPOUSPMQBOFM
EFUFDUTBGBVMUFE[POFZPVTIPVMESFUVSOJUUPOPSNBMPSCZQBTT
UIF[POF
%VSJOH FYJU EFMBZ ZPV NBZ TUPQ UIF BSFB GSPN UVSOJOH PO CZ
FOUFSJOHZPVS1*/GPMMPXFECZUIF<0''>LFZ
5PUVSOUIFTZTUFNPSBSFBPõFOUFSZPVS1*/UIFO
QSFTT<0''>
5VSOJOH"O"SFB1BSU0O1BSU0O
6TF UIJT GVODUJPO UP UVSO BO BSFB 1BSU 0O PS 1BSU 0O 5IF
4PMVUJPODPOUSPMQBOFMJTGBDUPSZEFGBVMUPOMZGPSPOFBSFB1BSU
0OBOE1BSU0OUVSOTPOPOMZQBSUPGUIFBSFBMFBWJOHUIFSFTU
PGUIFBSFBUVSOFEPõ
0OMZ UIF TFDVSJUZ DPNQBOZ DBO QSPHSBN XIJDI [POFT BSF
NPOJUPSFE GPS 1BSU 0O 5IF NBTUFS VTFS DBO QSPHSBN XIJDI
[POFTBSFNPOJUPSFEXIFOBVTFSUVSOTBOBSFB1BSU0O
0ODFZPVIBWFUVSOFEBOBSFB1BSU 0OPS 1BSU0OFYJUEFMBZ
UJNFTUBSUTUPDPVOUEPXO:PVTIPVMEMFBWFBMM[POFTUIBUBSF
BDUJWFCFGPSFFYJUEFMBZUJNFFYQJSFT-FBWJOHBDUJWF[POFTBGUFS
FYJUEFMBZFYQJSFTDBVTFTBOBMBSNFWFOU6TF1BSU0OPS1BSU0O
POMZXIFOZPVXBOUQBSUPGBOBSFBUVSOFEPO
.BLFTVSFUIBUBMM[POFTBSFOPSNBMOPUGBVMUFE
&OUFSZPVS1*/UIFOQSFTTUIF<1"35>LFZ
*G ZPVS 1*/ JT WBMJEBOE JG BMM [POFT BSF OPSNBM UIF LFZQBE XJMM
QSPNQUZPVUPTFMFDU1BSU0OPS1BSU0O
6TJOHUIFBSSPXLFZTIJHIMJHIU1BSU0OPS1BSU0OUIFO
QSFTT<0,>
&YJUEFMBZUJNFXJMMTUBSU:PVTIPVMEMFBWFOPX*GZPVSTZTUFN
IBTBGBVMUFE[POFZPVTIPVMESFUVSOJUUPOPSNBMPSCZQBTTUIF
GBVMUFE[POF
%VSJOHFYJUEFMBZZPVNBZTUPQUIFTZTUFNGSPNUVSOJOH1BSU0O
CZFOUFSJOHZPVS1*/GPMMPXFECZUIF<0''>LFZ
8IFOFYJUUJNFIBTFYQJSFEUIFLFZQBEXJMMEJTQMBZUIF
1BSU0OJDPO
5PUVSOUIFTZTUFNPõFOUFSZPVS1*/UIFOQSFTT<0''>
5VSOJOH5IF4ZTUFN0GG
8IFO UIF TZTUFN JT PO ZPV NVTU FOUFS UISPVHI B EFTJHOBUFE
FOUSZEPPSUPQSFWFOUBOBMBSN0QFOJOHBEFTJHOBUFEEPPSFH
GSPOUEPPSXJMMTUBSUFOUSZUJNF%VSJOHFOUSZUJNFUIFLFZQBE
XJMMFNJUBQVMTJOHUPOFiCFFQwUPSFNJOEZPVUPUVSOUIFTZTUFN
Põ5PUVSOUIFBSFBPõFOUFSZPVS1*/GPMMPXFECZUIF<0''>LFZ
CFGPSFUIFFOUSZEFMBZUJNFFYQJSFT
*GZPVFOUFSUISPVHIUIFXSPOHEPPSPSGBJMUPUVSOUIFTZTUFNPõ
CFGPSFUIFFOUSZEFMBZUJNFFYQJSFTZPVNBZTPVOEBOBMBSN*G
BOBMBSNPDDVSTTJMFODFUIFBMBSNCZFOUFSJOHZPVS1*/GPMMPXFE
CZ UIF <0''> LFZ BOE DBMM ZPVS TFDVSJUZ DPNQBOZ UP MFU UIFN
LOPXUIBUJUJTOPUBOFNFSHFODZTJUVBUJPO
&OUFSZPVS1*/<0''>UPUVSOUIFTZTUFNPSBSFBPõ
5IFLFZQBEXJMMOPMPOHFSEJTQMBZUIFA-PDLPSA1BSUJDPOT
4JMFODJOH"MBSNT
8IFOUIF4PMVUJPO
1MVT
DPOUSPMQBOFMIBTSFHJTUFSFEBOBMBSN
UIFLFZQBE T BOETJSFOTXJMM TPVOEUPBMFSUQFSTPOOFMUIBUBO
BMBSNPDDVSSFE5IFLFZQBEXJMMTDSPMMBMMBMBSNTPOUIFLFZQBE
EJTQMBZ GPS WJTVBM GFFECBDL *G ZPV FOUFS ZPVS 1*/ CFGPSF UIF
TZTUFNEJBMTZPVSTFDVSJUZDPNQBOZUIFBMBSNSFQPSUJTDBODFMMFE
JGQSPHSBNNFE
&OUFSZPVS1*/<0''>UPTJMFODFBOZBMBSNBOEUVSOUIF
TZTUFNPõ
5IFLFZQBEXJMMDPOUJOVFUPTDSPMMBMM BMBSNFWFOUTUIBUDBVTFE
UIFBMBSN5IJTJTDBMMFEBMBSNNFNPSZ
5PDMFBSBMBSNNFNPSZUVSOUIFBSFBPOBOEPõBHBJO
FH
1*/<0/>1*/<0''>
"VUPNBUJD"SNJOH
:PVSTZTUFNNBZIBWFCFFOQSPHSBNNFEUPBVUPNBUJDBMMZBSN
JUTFMGBUBDFSUBJOUJNFPGUIFEBZ
*G GPS TPNF SFBTPO ZPV BSF TUJMM JO UIF CVJMEJOH XIFO UIF BVUP
BSNJOHJTUBLJOHQMBDFUIFOJUJTQPTTJCMFUPFYUFOEPSEFMBZUIF
BVUPPO UJNF BVUPNBUJD BSNJOH UJNF CZ POF IPVS TJNQMZ CZ
FOUFSJOHZPVS1*/EVSJOHUIFBVUPPOQSFBMFSUUJNF5IFBVUP
POQSFBMFSUUJNFTPVOETUIFLFZQBECV[[FSUPXBSOZPVUIBUUIF
TZTUFNXJMMBVUPNBUJDBMMZUVSO"MM0O1BSU0OPS1BSU0O
&YBNQMF
*G UIF DPOUSPM QBOFM JT QSPHSBNNFE CZ ZPVS JOTUBMMFS UP
BVUPNBUJDBMMZUVSO "MM 0O BU QNBOE UIF BVUPPO QSFBMFSU
UJNF TUBSUT CFFQJOH UIF LFZQBE BU QN FOUFSJOH ZPVS 1*/
CFUXFFO QN BOE QN XJMM EFMBZ UIF BVUPPO UJNF CZ
POFIPVSBOEUIFBVUPPOQSFBMFSUUJNF XJMMBHBJO DPNNFODF
BUQN5IFSFGPSFUIFTZTUFNXJMMBVUPNBUJDBMMZUVSO"MM0OBU
QN