%FTDSJQUJPOEFTDPEFTEFSSFVS
/VN¨SP
EFSSFVS
/PNEFSSFVS 0SJHJOF
.¨UIPEFEFE¨QBOOBHF
-PSTRVFMBUFOTJPOEFMBCBUUFSJF
EFTDFOEFOEFTTPVTEFp7
7¨SJF[MFD¡CMBHFEVDPOUS³MFVSEF
MBCBUUFSJFFUDPSSJHF[UPVUFNBVWBJTF
DPOOFYJPO
3FNQMBDF[MFDPOUS³MFVS
3FNQMBDF[MBCBUUFSJF
.BVWBJTDPOUBDUEVD¡CMFEF
DPNNVOJDBUJPOEFMBCBUUFSJFPV
QBOOFEFMBQQBSFJM
&
&
&
&
&
&
&
&
&
-FDPOOFDUFVSEFDPNNVOJDBUJPO
EFMJOTUSVNFOUFTUE¨GBJMMBOUPV
MBQQBSFJMFTUE¨GBJMMBOU
&
&
1SPUFDUJPODPOUSFMB
TVSUFOTJPO
-FDPVSBOUEFTPSUJFVONPNFOU
EPOO¨E¨QBTTFMBQMBHFMJNJUFEF
DPVSBOU"
$PVSUDJSDVJUEFMBMJHOFEFQIBTF
EVNPUFVSMPSTEVE¨WFSSPVJMMBHF
-FNPUFVSFTUCMPRV¨PVFO
DPVSUDJSDVJUPVMFOUSBOFNFOU
FTUE¨GBJMMBOU
-FUVCF.04EFMBQBTTFSFMMF
TVQ¨SJFVSFEFMFOUSBOFNFOUFTU
FOEPNNBH¨PVDBTT¨
-BT¨RVFODFEFD¡CMBHFEVDBQUFVS
)BMMFTUJODPSSFDUFPVMBDPOOFYJPO
FTUNBVWBJTF
-PSTRVFMFDPVSBOUFOTPSUJFEV
DPOUS³MFVSEFTDFOEFOEFTTPVTEF
"MFGPODUJPOOFNFOUSFQSFOE
-BQBOOFTFDPSSJHFBVUPNBUJRVFNFOU
BQS§TMBDIBSHF
3FNQMBDF[MBCBUUFSJF
3FNQMBDF[MFNPUFVS
3FNQMBDF[MFDPOUS³MFVS
3FNQMBDF[MFDPOUS³MFVS
-BDIFEFDPOOFYJPOFTUNBMJOT¨S¨F
SFDPOOFDUF[
3FNQMBDF[MFNPUFVS
-JC¨SF[MFSPUPSFOTFS
SBHF
3FNQMBDF[MFNPUFVS
1BOOFEVDBQUFVS)BMMEVMFWJFSEF
GSFJOHBVDIFPVNBVWBJTFDPOOFYJPO
1BOOFEFCBSSFEFQPJHO¨FPV
NBVWBJTFDPOOFYJPO
-BUFNQ¨SBUVSFEVNPUFVSE¨QBTTF
MBUFNQ¨SBUVSFEFGPODUJPOOFNFOU
OPSNBMF
7¨SJF[MFD¡CMBHFEVMFWJFSEFGSFJO
EFHBVDIFQPVSDPSSJHFSMFNBVWBJT
DPOUBDU
3FNQMBDF[MFMFWJFSEFGSFJOEFHBVDIF
7¨SJF[MBDPOOFYJPOEVCPVUPO
EFMBQPJHO¨FFUDPSSJHF[MFNBVWBJT
DPOUBDU
3FNQMBDF[MBQPJHO¨F
-JC¨SF[MBQPJHO¨F
"SS©UF[MBUSPUUJOFUUFFUMBJTTF[MB
SFGSPJEJSQPVSRVFMFQSPCM§NFTFS§HMF
BVUPNBUJRVFNFOU
3FNQMBDF[MFNPUFVS
7¨SJF[MFD¡CMBHFEFMJOTUSVNFOU
FUMBCPOOFDPOOFYJPOEVD¡CMFEF
DPOUS³MFDFOUSBMEFMJOTUSVNFOU
FUDPSSJHF[UPVUNBVWBJTDPOUBDU
3FNQMBDF[MFDPOUS³MFVS
DIFDEF
DPNNVOJDBUJPOBWFD
MBCBUUFSJF
-FDPOOFDUFVSEFDPNNVOJDBUJPO
EFMJOTUSVNFOUFTUE¨GBJMMBOUPV
MBQQBSFJMFTUE¨GBJMMBOU
&
7¨SJF[MFD¡CMBHFEFMJOTUSVNFOUFU
MBCPOOFDPOOFYJPOEVD¡CMFEFDPOUS³MF
DFOUSBMEFMJOTUSVNFOUFUDPSSJHF[UPVU
NBVWBJTDPOUBDU
3FNQMBDF[MFDPNQUFVSEFWJUFTTF
%¨MBJEBUUFOUFEF
S¨DFQUJPOEVDPOUS³MF
¨MFDUSPOJRVFE¨Q
BTT¨
$POUS³MFVSQFSEV
1SPUFDUJPODPOUSFMB
TVSE¨DIBSHF
1BOOFEFMBMJHOFEF
QIBTFEVNPUFVS
5VCF.04TVQ¨SJFVS
FOEPNNBH¨
1BOOFEFDBQUFVS)BMM
EVNPUFVS
1SPUFDUJPODPOUSFMF
TFSSBHFEFSPUPS
&
-FUVCF.04EFMBQBTTFSFMMF
JOG¨SJFVSFEFMFOUSBOFNFOUFTU
FOEPNNBH¨PVDBTT¨
3FNQMBDF[MFDPOUS³MFVS
5VCF.04JOG¨SJFVS
FOEPNNBH¨
4VSDIBVFNPUFVS
1BOOFEFGSFJOHBVDIF
1BOOFEFMFWJFS
3¨FTTBZF[MBNJTFKPVSEV
QSPHSBNNFEFMBCBUUFSJF
3FNQMBDF[MBCBUUFSJF
DIFDEFNJTFKPVSEVQSPHSBNNF
EFMBCBUUFSJF
&
DIFDEFNJTFKPVSEVQSPHSBNNF
EVDPOUS³MFVS
&
3¨FTTBZF[MBNJTFKPVSEV
QSPHSBNNFEVDPOUS³MFVS
3FNQMBDF[MFDPOUS³MFVS
$BSUFEFQSPUFDUJPO
EFCBUUFSJFNBORVBOUF
.JDSPMPHJDJFMEV
DPOUS³MFVSFTU
NBORVBOU
3¨FTTBZF[MBNJTFKPVSEV
QSPHSBNNFEFTJOTUSVNFOUT
3FNQMBDF[MFDPOUS³MFVS
DIFDEFNJTFKPVSEVQSPHSBNNF
EFTJOTUSVNFOUT
&
.JDSPMPHJDJFMEFT
JOTUSVNFOUTFTU
NBORVBOU
&
3FNFUUF[MBCBSSFFOQMBDF
3FNQMBDF[MBQPJHO¨F
-JC¨SF[MBQPJHO¨F
-BCBSSFEFQPJHO¨FOFSFWJFOUQBT
FOQPTJUJPOMBMMVNBHFPVMB
QPJHO¨FFTUFOEPNNBH¨FM
BDUJWBUJPO
&
#BSSFEFQPJHO¨F
CMPRV¨F
-FWJFSEFGSFJOHBVDIF
CMPRV¨
3FNFUUF[MFMFWJFSEFGSFJOEFHBVDIF
FOQMBDF
3FNQMBDF[MFGSFJOEFHBVDIF
-FMFWJFSEFGSFJOHBVDIFOFSFWJFOU
QBTFOQPTJUJPOPVMFGSFJOHBVDIF
FTUFOEPNNBH¨BVE¨NBSSBHF