>,QSXW D QG 2XWSXW FRQQHFWRUV@
86%$9 287 WHUPLQDO
9LGHR RXWSXW
$XGLR RXWSXW 0RQDXUDO
86% FRPPXQLFDWLRQ
86% FRPPXQLFDWLRQ +L6SHHG 86%
86% FRPSOLDQW
>/&' VFUHHQ@
/&' SDQHO
FP W\SH 7)7 GULYH
7RWDO QXPEHU RI GRWV
î GRWV
>3RZHU JHQHUDO@
3RZHU 5HFKDUJHDEOH EDWWHU\ SDFN
13%1 9
3RZHU FRQVXPSWLRQ GXULQJ VKRRWLQJ
:
2SHUDWLQJ WHPSHUDWXUH & WR &
) WR )
6WRUDJH WHPSHUDWXUH ± & WR &
± ) WR )
'LPHQVLRQV î î PP
î î LQ
FKHV
:+' H[FOXGLQJ SURWUXVLRQV
0DVV $SSUR[ J R]
LQFOXGLQJ 13%1 EDWWHU\ SDFN
DQG PHPRU\ FDUG
0LFURSKRQH 0RQDXUDO
6SHDNHU 0RQDXUDO
([LI 3ULQW &RPSDWLEOH
35,17 ,PDJH 0DWFKLQJ ,,,
&RPSDWLEOH
3LFW%ULGJH &RPSDWLEOH
%&&61%&&61% EDWWHU\
FKDUJHU
3RZHU UHTXLUHPHQWV $& 9 WR 9
+] :
2XWSXW YROWDJH '& 9 $
2SHUDWLQJ WHPSHUDWXUH & WR &
) WR )
6WRUDJH WHPSHUDWXUH ± & WR &
± ) WR )
'LPHQVLRQV $SSUR[ î î PP
î î LQFKHV
:+'
0DVV $SSUR[ J R]
5HFKDUJHDEOH EDWWHU\ SDFN
13%1
8VHG EDWWHU\ /LWKLXPLRQ EDWWHU\
0D[LPXP YROWDJH '& 9
1RPLQDO YROWDJH '& 9
0D[LPXP FKDUJH YROWDJH '& 9
0D[LPXP FKDUJH FXUUHQW $
&DSDFLW\
W\SLFDO :K P$K
PLQLPXP
:K P$K
'HVLJQ DQG VSHFLILFDWLRQV DUH VXEMHFW WR
FKDQJH ZLWKRXW QRWLFH
>6\VWHP@
,PDJH GHYLFH
PP W\SH 5 * %
SULPDU\ FRORU PRVDLF ILOWHUV
7RWDO SL[HO QXPEHU RI FDPHUD
$SSUR[ 0HJDSL[HOV
(IIHFWLYH SL[HO QXPEHU RI FDPHUD
$SSUR[ 0HJDSL[HOV
/HQV î ]RRP OHQV
I PP ± PP PP ± PP
PP ILOP HTXLYDOHQW
) : ± ) 7
([SRVXUH FRQWURO $XWRPDWLF H[SRVXUH
6FHQH 6HO
HFWLRQ PRGHV
:KLWH EDODQFH $XWRPDWLF 'D\OLJKW
&ORXG\ )OXRUHVFHQW
,QFDQGHVF
HQW )ODVK
5HFRUGLQJ LQWHUYDO IRU %XUVW PRGH
$SSUR[ VHFRQG
)LOH IRUPDW
6WLOO LPDJHV -3(* '&) 9HU
([LI 9HU 03) %DVHOLQH
FRPSOLDQW '32) FRPSDWLEOH
0RYLHV $9 , 0RWLRQ -3(*
5HFRUGLQJ PHGLD
³0HPRU\ 6WLFN 'XR´ PHGLD
6' PHPRU\ FDUG
)ODVK )ODVK UDQJH ,62 VHQVLWLYLW\
5HFRPPHQGHG H[SRVXUH ,QGH[
VHW WR $XWR
$SSUR[ P WR P
IW LQFKHV WR IW LQFKHV :
DSSUR[ P WR P
IW LQFKHV
WR IW LQFKHV 7
6'+& PHPRU\ FDUG &ODVV
,QWHUQDO 0HPRU\ DSSUR[ 0%