Ocak/Şubat bülteni

Transkript

Ocak/Şubat bülteni
%h/7(1
.XOEP]H
G|UW\HQL
\HNDWÖOGÖ
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
.RQXN<D]DU
5,2
.$51$9$/,1,
<$ù$0$.
=DIHU.$17$5
+HUVHQHHøOHQFH
VÖUDVÖQGDRQODUFDNLûLQLQ
|OGøWH]LDVOÖQGD
GQ\DQÖQHQoÖOJÖQ
NDUQDYDOÖLoLQ\DSÖODQ
VDGHFHELUUHNODP
%DNÕQÕ]6D\IDYH;
$WDWUN
.|üHVL
.XOEP]Q ùXEDW WDULKOL D\OÕN WRSODQWÕVÕQGD
DUDPÕ]D\HQL\HNDWÕOGÕh\HJLULúW|UHQLQL*HoPLú'|QHP*HQHO
<|QHWPHQOHULPL]GHQ $\VDQ ù$.$5¶ÕQ \DSWÕ÷Õ WRSODQWÕGD +DNNÕ
6HUGDU&(</$1'U$FXQ*(=(5 'LOHN7XQD7$1,5YH 2÷X]
g=(562< DUDPÕ]DNDWÕOGÕODU
%DNÕQÕ]6D\IDYH;
g]JUONYH
ED÷ÕPVÕ]OÕNEHQLP
NDUDNWHULPGLU
%DNÕQÕ]6D\ID;
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
‡ 0XWOX*QOHULPL]‡
ùXEDW0DKPXW78)$1·ÕQ'R÷XP*Q
ùXEDW+VH\LQ$YQL'8508ú2÷/8 ¶QXQR÷OXgPHU¶LQ'R÷XP*Q
ùXEDW%OHQW&$1·¶ÕQNÕ]Õ&HUHQ%DûDN¶ÕQ'R÷XP*Q
ùXEDW1DG\DYH%DUODV.RUD\g=.$1 ¶ÕQHYOLOLN<ÕOG|QP
ùXEDW+DNNÖ6HUGDU&H\ODQ¶ÕQHúL1HYLQ¶LQ'R÷XP*Q
ùXEDW&H\ODQYH ùEUDKLP+DOLO(5d(7ù1¶LQ(YOLOLN<ÕOG|QP
ùXEDW%OHQW'hú.2¶QXQHúL.DOEL\H¶QLQ'R÷XP*Q
ùXEDW1HYLQYH +DNNÖ6HUGDU&(</$1¶ÕQ(YOLOLN<ÕOG|QP
ùXEDW*OD\ YH%OHQW&$1¶ÕQ(YOLOLN<ÕOG|QP
ùXEDW%DUODV.RUD\g=.$1¶ÕQHúL1DG\D¶QÕQ'R÷XP*Q
0DUWùEUDKLP.2&$0,ú·ÕQHúL1HYLQ¶LQ'R÷XP*Q
0DUW)DKUHWWLQ.$=$.·ÕQHúL$\OLQ¶LQ'R÷XP*Q
0DUW'U 0DKPXW78)$1·ÕQR÷OX6HUFDQ¶LQ'R÷XP*Q
0DUW%DUODV.RUD\g=.$1¶ÕQNÕ]Õ'HQL]¶LQ'R÷XP*Q
0DUWùEUDKLP.2&$0,ú·ÕQ'R÷XP*Q
0DUW'LOHN7XQD7$1,5·ÕQNÕ]Õ%DKDW7XQD¶QÕQ'R÷XP*Q
0DUW*UD\<857787$1·ÕQ'R÷XP*Q
0DUW$KPHWg=<,/0$=·ÕQR÷OX*|NKDQ¶LQ'R÷XP*Q
0DUW.DOEL\H YH%OHQW'hú.2¶QXQ(YOLOLN<ÕOG|QP
0DUW)DKUHWWLQ.$=$.·ÕQ'R÷XP*Q
0DUWúNU%XUKDQ25$/3·ÕQHúL6HUSLO¶LQ'R÷XP*Q
0DUW+DOXN$<9$=2÷/8·QXQR÷OX<LøLWFDQ¶ÕQ'R÷XP*Q
0DUWùEUDKLP+DOLO(5d(7ù1·LQR÷OXùOKDQ&DQ¶ÕQ'R÷XP*Q
‡
(Q0XWOX*QP]
‡
.XOEP]Q.XUXFXh\HOHULQGHQ
.XUXFXEDúNDQ<DUGÕPFÕVÕ.XOS
(VNL%DúNDQÕ/LRQ$KPHW
g=<,/0$=¶ÕQNÕ]Õ$VXPDQ¶ÕQ
0DUW&XPDUWHVL
6DDW·GD$WDN|\
<XQXV(PUH.OWU0HUNH]L
(YOHQGLUPH'DLUHVL·QGH
QLNDKW|UHQL \DSÕOPÕúWÕU
<HQLHYOLOHUHPXWOXOXNODUGLOHUL]
.XOEP]Q$\OÖN7RSODQWÖ7DULKOHUL
úXEDWD\OÕN\DVDOWRSODQWÕ
\HQLNDUGHúLPL]NXOEP]HNDWÕOGÕ
0DUWD\OÕN\DVDOWRSODQWÕ
%H\R÷OX$\KDQ,úÕN6RNDNWD3$3ù586 %DUGD
62.5$7(6
6RNUDWHVELUHY\DSWÕUPÕúQDVÕOVD
(úGRVWEDúODPÕúNXVXUEXOPD\D
.LPLLoLQLEH÷HQPHPLú
.Õ]PD\ÕQDPDGHPLú
6DQÕQÕ]DOD\ÕNGH÷LORGDODUÕ
.LPLFHSKHVLQHoDWPÕú
.DUúÕGDQJ|UQúEHUEDWPÕú
+HSVLQHJ|UHGHoRNGDUPÕúEXHY
.LPVÕ÷DUPÕúEXNXOEH\H"
.RFD)LOR]RI$KGHPLúNHúNHEXHYLQ
DODELOHFH÷LNDGDU*HUoHNGRVWXPROVD
6RNUDWHV
LQV|]\HULQGH
%LUHYGROXVXJHUoHNGRVWQHUHGH"
6|]GHKHUNHVGRVWDPDJHOGHLQDQ
'RVWWDQEROúH\GH\RNGQ\DGD
'RVWWDQD]úH\GH
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
$WDWUN.|üHVL
$QNDUD3DODV
WDG]HQOHQHQ&XPKXUL\HW%DORVX
QGDNDUúÕODQÕúÕ(NLP
g]JUON YH ED÷ÕPVÕ]OÕN EHQLP NDUDNWHULPGLU %HQ PLOOHWLPLQ HQ E\N YH
HFGDGÕPÕQHQGH÷HUOLPLUDVÕRODQED÷ÕPVÕ]OÕNDúNÕLOHGROXELUDGDPÕPdRFXNOX÷XPGDQ
EXJQH NDGDU DLOHYv KXVXVv YH UHVPv KD\DWÕPÕQ KHU VDIKDVÕQÕ \DNÕQGDQ ELOHQOHU EX
DúNÕPPDOXPGXU %HQFHELUPLOOHWHúHUHILQKD\VL\HWLQQDPXVXQYHLQVDQOÕ÷ÕQYFXWYH
EHNDEXODELOPHVLPXWODNDRPLOOHWLQ|]JUONYHED÷ÕPVÕ]OÕ÷ÕQDVDKLSROPDVÕ\ODNDLPGLU
%HQúDKVHQEXVD\GÕ÷ÕPYDVÕIODUDoRNHKHPPL\HWYHULULP9HEXYDVÕIODUÕQNHQGLPGH
PHYFXWROGX÷XQXLGGLDHGHELOPHN LoLQPLOOHWLPLQGHD\QÕYDVÕIODUÕWDúÕPDVÕQÕ HVDVúDUW
ELOLULP%HQ\DúDELOPHNLoLQPXWODNDED÷ÕPVÕ]ELUPLOOHWLQHYODGÕNDOPDOÕ\ÕP%XVHEHSOH
PLOOL ED÷ÕPVÕ]OÕN EHQFH ELU KD\DW PHVHOHVLGLU 0LOOHW YH PHPOHNHWLQ PHQIDDWOHUL LFDS
HWWLULUVH LQVDQOÕ÷Õ WHúNLO HGHQ PLOOHWOHUGHQ KHU ELUL\OH PHGHQL\HW LFDEÕ RODQ GRVWOXN YH
VL\DVHW PQDVHEHWOHULQL E\N ELU KDVVDVL\HWOH WDNGLU HGHULP $QFDN EHQLP PLOOHWLPL
HVLUHWPHN LVWH\HQ KHUKDQJL ELUPLOOHWLQ EX DU]XVXQGDQYD]JHoLQFH\HNDGDUDPDQVÕ]
GúPDQÕ\ÕP
0.HPDO$7$7h5.
KWWSZZZDWDWXUNQHW DGUHVLQGHQDOÖQPÖûWÖU
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
.218.<$=$5
=DIHU.$17$5
5,2.$51$9$/,1,<$ù$0$.
+HU VHQH HøOHQFH VÖUDVÖQGD RQODUFD NLûLQLQ |OGø WH]L DVOÖQGD GQ\DQÖQ HQ
oÖOJÖQNDUQDYDOÖLoLQ\DSÖODQVDGHFHELUUHNODP
%UH]LO\DQÕQHQSRSOHUúHKUL5LRGH-DQHLUR¶GDKHU\ÕOùXEDW
D\ÕQGD G]HQOHQHQ 5LR NDUQDYDOÕ EX \ÕO ROGXNoD J|UNHPOL JHoWL
%XQXQHQ|QHPOLVHEHSOHULQGHQELUL$%'¶GHPH\GDQDJHOHQ
(\OO VDOGÕUÕODUÕQGDQ GROD\Õ \XUW GÕúÕQD oÕNPD\D oHNLQHQ
%UH]LO\DOÕODUÕQ NDUQDYDO WDWLOOHULQL 5LR GH -DQHLUR¶GD JHoLUPHN
LVWHPHOHUL LGL %XQXQ ]HULQH \DNODúÕN ELQ \DEDQFÕ WXULVW GH
HNOHQLQFHNDUQDYDO\LQHoÕOJÕQH÷OHQFHOHULOHJHoWL
%UH]LO\DOÕODU¶ÕQ oRN |QHP YHUGL÷L EX NDUQDYDO LoLQ
RUJDQL]DW|UOHULQ \DSPD\DFD÷Õ úH\ \RN %X VHQH GH UHNODP ROVXQ GL\H GQ\DFD QO WRS PRGHO
1DRPL &DPEHOO¶D PLO\RQGRODU|GHPHOHUL EXQXQHQ|QHPOLNDQÕWÕ$VOÕQGDKHUVHQHGH÷LúLNQO
ELULQH\NOSDUDODU|GH\HUHNUHNODPROVXQGL\H5LR¶\DoD÷ÕUÕ\RUODU%|\OH\DSDUDNKHPONHOHULQLQ
KHP NDUQDYDOÕQ UHNODPÕQÕ \DSÕ\RU KHP GH QOOHUH |GHGLNOHUL SDUDODUÕQ NDW NDW VWQGH KDVÕODW
\DSDUDNE\NGHNDUHOGHHGL\RUODU
7DELL UHNODP \ROODUÕ VDGHFH EX GH÷LO +HU NDUQDYDO VÕUDVÕQGD GX\GX÷XPX] DONRO NRPDVÕ YH
L]GLKDPJLELQHGHQOHUGHQ|OPKDEHUOHULQLQJHUoHNGÕúÕROGX÷XQXEL]GHNDUQDYDOÕEL]]DW\DúD\ÕQFD
|÷UHQGLN%XQXQGDELUUHNODPGHGLNRGXVXROGX÷XQXRUJDQL]DW|UOHULQNHQGLOHULEL]HLWLUDIHWWLOHU%X
QHNDGDUoÕOJÕQELUNDUQDYDOROGX÷XQXYHGQ\DQÕQoHúLWOLNÕWDODUÕQGDNLLQVDQODUÕQEXQXPHUDNHGLS
EX oÕOJÕQOÕ÷Õ \DúDPDN YH 5LR¶\D JHOPHVLQL VD÷ODPDN LoLQ X\GXUGXNODUÕ ELU \DODQ 7XULVWOHU |OP
KDEHUOHULQGHQNRUNPDNWDQVD|OPOHUHQHGHQRODQEXoÕOJÕQOÕ÷DúDKLWROPD\ÕGDKDoRNLVWL\RUODUPÕú
øúWH³UHNODPÕQL\LVLN|WVROPD]´DoRNWLSLNELU|UQHN
%XEH\D]UHNODP\DODQÕQÕQ WXWDUOÕELUQHGHQL GHYDUPÕúDVOÕQGD .DUQDYDOGDNRUXPD J|UHYL
\DSDQ ELU SROLV úHILQGHQ |÷UHQGL÷LPL]H J|UH PLO\RQOXN 5LR úHKULQGH ELU KDIWD VUHQ NDUQDYDO
ER\XQFD HFHOLQGHQ YH WUDILN ND]DVÕ JLEL NDUQDYDO H÷OHQFHOHUL LOH KLoELU LOJLVL ROPD\DQ QHGHQOHUOH
|OHQOHULQ ND\ÕWODUÕQÕ VDQNL NDUQDYDOGD |OPú JLEL DoÕNOÕ\RUODUPÕú %X GD ³ \DODQ V|\OHVHP EDúÕP
D÷UÕPD]´DELU|UQHN
.DUQDYDOKD]ÖUOÖøÖPLO\RQ'RODU·DPDOROX\RU
g\OH YH\D E|\OH %UH]LO\DOÕODU EX LúL JHUoHNWHQ EDúDUÕ\RUODU %UH]LO\DOÕODU LoLQ KD\DWWD HQ
|QHPOL oúH\ )XWERO6DPEDYH6H[)XWEROXKHPHQKHPHQVHQHQLQKHUJQ \DúDGÕNODUÕ LoLQ
VDPEDLOHVH[¶LELUDUDGDVHUEHVWoH\DSWÕNODUÕHQ|]JU]DPDQNDUQDYDO]DPDQÕ6HQHLoLQGHIXWERO
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
HQGVWULVL ]DWHQ PLO\DU GRODUODUÕ G|QGU\RU .DUQDYDO KD]ÕUOÕ÷Õ LoLQ G|QHQ SDUD LVH VDGHFH PLO\RQGRODUFLYDUÕQGD<DQLP]LNYHDúN¶ÕQELUKDIWDER\XQFDGRUX÷DXODúPDVÕLoLQEXNDGDUSDUD
KDUFÕ\RUODU <DNODúÕN \ÕO HYYHO \DúDQDQ %UH]LO\D WDULKLQLQ HQ E\N HNRQRPLN NUL]LQGH ELOH EX
PDVUDIDúD÷Õ\DLQPHPLú
.DUQDYDOÕQ |]HOOL÷L 5LR¶GDNL RNXOXQ HQ HQWHUHVDQ
NÕ\DIHWOHU YH VDPED P]L÷L HúOL÷LQGH HQ HQWHUHVDQ J|VWHULOHULQL
VHUJLOHPH\DUÕúÕ2NXOODUKDIWDER\XQFD5LRVRNDNODUÕQGD\DSWÕNODUÕ
J|VWHULOHULNDUQDYDOÕQVRQJQMUL|QQGHELUUHVPLJHoLWúHNOLQGH
WHNUDU HGL\RUODU (Q oRN R\X DODQ R VHQHQLQ úDPSL\RQX ROX\RU
$VOÕQGD RNXOODU DUDVÕQGDNL oRN VÕNÕ ELU UHNDEHW YDU (Q oRN
úDPSL\RQ RODQ LNL RNXO DUDVÕQGD WDUDIWDUODUÕ LOH ELUOLNWH JHUoHN ELU
GHUE\KH\HFDQÕ\DúDQÕ\RU
2NXOODUD\ODU |QFHVLQGHQ KD]ÕUOÕNODUÕQD EDúOÕ\RU %LU RNXO \DNODúÕN WDOHEHVL LOH \DUÕúÕ\RU
7DELL ELOKDVVD NÕ] |÷UHQFLOHULQ IL]LNL \DSÕODUÕ YH VDPED GDQVÕ \DSPD NDELOL\HWOHUL EX \DUÕúPD\D
NDWÕOPDODUÕLoLQ|QúDUW<DQL79¶OHUGHJ|UG÷P]GDQVHGHQRPXKWHúHPYFXWOXNDGÕQODUDVOÕQGD
\DúÕ¶\LJHoPH\HQJHQoNÕ]WDOHEHOHU+HU|÷UHQFLQLQ|]HOKRFDODULOHH÷LWLOPHVLNÕ\DIHWOHULoHúLWOL
GHYKD\YDQPDNHWOHULQLQ\DSÕOPDVÕJLELPDVUDIODURNXOEDúÕQDHQD]ELQGRODUDPDOROX\RU)DNDW
úDPSL\RQ RODQ RNXO ELQ GRODU |GO ND]DQÕ\RU +DIWD ER\XQFD KDONÕQ VRNDNODUGD GLOHGL÷LQFH
H÷OHQPHVL LoLQ NDSDWÕODQ FDGGHOHU |]HO JYHQOLN oHúLWOL UHNODP SRUWDWLI \DSÕODQ \]OHUFH LoNL
NXOEHOHULJLELPDVUDIODUÕQPLO\RQGRODUÕEXOPDVÕNDUQDYDOÕJ|UQFHEL]HKLoGHúDúÕUWÕFÕJHOPHGL
'HPHNNLEXPLNWDUÕQoRNVWQGHELUJHOLUHOGHHGLOL\RU
.HûNH'Q\D.XSDVÖNDUQDYDOGDQKHPHQVRQUDEDûODVDLGL
5LRFDGGHOHULQGHYH|]HOOLNOHQOSODMÕ&RSDFDEDQD¶GDLoNL
VH[ YH GDQVÕQ JHUoHNWHQ |]JUFH VHUJLOHQGL÷L ELU KDIWD ER\XQFD
L]OHQLPOHULPL] KDNLNDWHQ oRN ROXPOX\GX 1HGHQ PL" øON |QFH KHU
NHVLPGHQ PLO\RQODUFD NLúLQLQ ELU DUDGD H÷OHQGL÷L QH NDGDU E\N
ROXUVD ROVXQ PLO\RQODUFD WXULVWL D÷ÕUOD\ÕQFD DGÕP DWÕODPD\DFDN
NDGDU NoOHQ ELU úHKLUGH RUJDQL]DW|UOHULQ YH SROLV úHILQLQ GHGL÷L
JLEL KLoELU WDúNÕQOÕN NDYJD YH |OP ROD\ÕQD UDVWODPDGÕN $\UÕFD
E|\OH GQ\D oDSÕQGD ELU ROD\ KDOLQH JHWLULOHQ NDUQDYDOÕQ
%UH]LO\DOÕODUDE\NELUPRUDOYHPDGGLND\QDNVD÷ODGÕ÷ÕGDNHVLQ
%UH]LO\D¶QÕQVDQDWYHVSRUGQ\DVÕQGDQSHNoRNQOVLPDODUÕQÕQGDJ|UOG÷H÷OHQFHOHUGHQ
VRQUD KHUNHV \DNODúÕN ELU KDIWD GDKD UHKDYHWH NDSÕOÕUODUPÕú .LPVH NHQGLQL LúH YHUHPH]PLú
%UH]LO\D¶QÕQ 'Q\D NXSDVÕQGD EL]H UDNLS ROGX÷X DNOÕPÕ]D JHOGL YH NHúNH 'Q\D NXSDVÕ KHPHQ
EDúODVDYHLONPDoÕPÕ]ÕR\QD\DFD÷ÕPÕ]%UH]LO\DLOHEXKDIWDNDUúÕODúVD\GÕNGL\HKD\DOHWWLN
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
/,216+$..,1'$6,.d$6258/$16258/$5
/,216QHGLU"
/LRQV EDúNDODUÕ LoLQ ELU úH\OHU \DSPDGÕNoD X]D÷D JLGLOHPH\HFH÷LQH \DUGÕPD H÷LOPHGLNoH GLN GXUXODPD\DFD÷ÕQD
LQDQDQ NDUúÕOÕN EHNOHPHGHQ KL]PHW HWPH\L ELU \DúDP YH GDYUDQÕú ELoLPL RODUDN EHQLPVH\HQ LQVDQODUÕQ GX\JX YH
GúQFHoL]JLVLGLU
8OXVODUDUDVÕ/LRQV.XOSOHUL%LUOL÷LQHGLU"
'Q\DGDNLONHGHNXUXOXYHPLO\RQ\HVLEXOXQDQELQ/LRQV.XOEQQROXúWXUGX÷X%LUOLNWLUøQJLOL]FHDGÕ
³7KH,QWHUQDWLRQDO$VVRFLDWLRQRI/LRQV&OXEV´GÕU
/LRQV¶XQPLV\RQXQHGLU"
8OXVODUDUDVÕLúELUOL÷LYHWRSOXPXQNDWÕOÕPÕLOHJ|QOOKL]PHWOHUYHUHUHNLQVDQOÕ÷ÕQLKWL\DoODUÕLoLQWPLQVDQODUDUDVÕQGD
ELUDQOD\ÕúUXKX\DUDWPDNYHJHOLúWLUPHN
$PDoODUÕQÕ]QHGLU"
'Q\DLQVDQODUÕDUDVÕQGDELUDQOD\ÕúUXKX\DUDWPDNYHJHOLúWLUPHN
7RSOXPXQX\JDUNOWUHOVRV\DOYHDKODNLNDONÕQPDVÕQDHWNLQNDWÕOÕPGDEXOXQPDN
.XOSOHULGRVWOXNDUNDGDúOÕNYHNDUúÕOÕNOÕDQOD\ÕúED÷ODUÕLOHELUOHúWLUPHN
3ROLWLNDGDWDUDIWXWDQYHGLQLLQDQoIDUNÕJ|]HWHQKXVXVODUÕQGÕúÕQGDNDODQYHWRSOXPXQ\DUDUODUÕQÕLOJLOHQGLUHQ
WPNRQXODUGDNXOS\HOHULQLQVHUEHVWWDUWÕúPDODU\DSDELOHFHNOHULELURUWDP\DUDWPDN
+L]PHWH \DWNÕQ NLúLOHULQ PDGGL NDUúÕOÕN EHNOHPHGHQ WRSOXPODUÕQD \DUDUOÕ ROPDODUÕQÕ WHúYLN HWPHN \HWHUOLOL÷H
|]HQGLUPHNYHWLFDULVÕQDLPHVOHNLYHNDPXKL]PHWOHULLOH|]HOJLULúLPOHUGH\NVHNW|UHOLONHOHUL\HUOHúWLUPHN
/,216NHOLPHVLQHDQODPDJHOL\RU"
/,216 NHOLPHVL øQJLOL]FH /LEHUW\ |]JUON ,QWHOOLJHQFH DQOD\Õú 2XU 1DWLRQV 6DIHW\ XOXVXPX]XQ JYHQOL÷L
V|]FNOHULQLQEDúKDUIOHULQGHQROXúXU
/LRQV¶XQWDULKoHVLQHGLU"
8OXVODUDUDVÕ /LRQV .XOSOHUL %LUOL÷L \ÕOÕQGD &KLFDJR¶GD NXUXOGX \ÕOÕQGD $YUXSD¶GDNL LON NXOS øVYHo¶WH
NXUXOGX7UNL\H¶GHNLLON/LRQV.XOE¶WHøVWDQEXO¶GD2UG3URI)DKUHWWLQ.HULP*|ND\WDUDIÕQGDQNXUXOGX
8OXVODUDUDVÕ/LRQV.XOSOHUL%LUOL÷LQLQ\DSÕODQPDVÕQDVÕOGÕU"
'Q\DPHUNH]L$%'&KLFDJRGD<DSÕODQPDONHOHUED]ÕQGD7HPHOELULPNXOS7UNL\H¶GHKHUNXOSED÷ÕPVÕ]ELU
GHUQHNVWDWVQGH7PNXOSOHULQRUWDNW]÷YH\|QHWPHOLNOHULYDU
+DQJLONHOHUGH/LRQVNXOSOHULYDUGÕU"
ONHYHE|OJHGHOLRQVNXOEYDU
'Q\DGDNDo/LRQV.XOEYH\HVLYDU"
<DNODúÕNNXOSYH\H
8OXVODUDUDVÕ/LRQVQDVÕO\|QHWLOLU"
+HU \ÕO GH÷LúHQ ELUXOXVODUDUDVÕEDúNDQ LNL \ÕOGD ELUGH÷LúHQXOXVODU DUDVÕGLUHNW|U \|QHWLPNXUXOXQX ROXúWXUXU
<|QHWLP .XUXOX \ÕOGD NH] WRSODQÕU 7HPHO NDUDUODU \ÕOGD ELU NH] \DSÕODQ XOXVODU DUDVÕ NRQYDQVL\RQGD WP GQ\D
NXOSOHULGHOHJHOHULWDUDIÕQGDQDOÕQÕU
%XJ|UHYOLOHUDUDVÕQGD7UNL\H¶GHQVHoLOHQYDUPÕGÕU"
(YHW7UNL\H¶GHQLNLNH]XOXVODUDUDVÕGLUHNW|UVHoLOPLúWLU
/LRQV
GD\|QHWLFLOHUQDVÕOVHoLOLU"
%X J|UHYOLOHU \ÕOGD ELU NH] \DSÕODQ XOXVODU DUDVÕ NRQYDQVL\RQGD WP GQ\D NXOSOHUL GHOHJHOHUL WDUDIÕQGDQ VHoLPOH
JHOLUOHU
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
<|QHWLFLOHULQJ|UHYVUHOHULQHGLU"
8OXVODUDUDVÕ%DúNDQELU\ÕOXOXVODUDUDVÕGLUHNW|UOHU\ÕOJ|UHY\DSDUODUYHELUGDKDVHoLOHPH]OHU
7UNL\HGH/LRQVXQWDULKoHVLQHGLU"
\ÕOÕQGDøVWDQEXO9DOLVL)DKUHWWLQ.HULP*|ND\|QFO÷QGHG|QHPLQ|QGHJHOHQEURNUDWJD]HWHFLGLSORPDWYH
LúDGDPODUÕWDUDIÕQGDQNXUXOPXúWXU
7UNL\HGHNDoNXOSNDo\HYDUGÕU"
OLRQVNXOSOHRNXOSWRSODP\H
7UNL\HGHKDQJL\|UHOHUGH\D\JÕQGÕU"
7RSODPNXOSOHULQ\DUÕVÕøVWDQEXOYHFLYDUÕQGDGÕU\|QHWLPoHYUHVL\DSÕVÕQGDLOLPL]GHOLRQVNXOSOHULYDUGÕU
%LU/LRQV.XOSQDVÕONXUXOXU"
9DU RODQ ELU /LRQV .XOS VSRQVRUOX÷XQGD HQ D] NXUXFX \HQLQ ELU DUD\D JHOPHVL\OH NXUXOXU 7& 'HUQHNOHU
\DVDVÕQDJ|UHUHVPLNXUXOXúXQ\DQÕVÕUDWPJHUHNOHULQL\HULQHJHWLUHQNXOS8/.%FH.XUXOXúXRQD\ODQÕU
%LU/LRQV.XOEQHQDVÕO\HROXQXU"
%LU \ÕO \HOL÷LQL GROGXUPXú YH \HOLN JHUHNOHULQL \HULQH JHWLUPLú ELU OLRQXQ |QHUPHVL NXOEQ DGD\Õ DUDúWÕUPDVÕ
VRQXFXQXQ ROXPOX ROPDVÕ KDOLQGH NXOS \|QHWLP NXUXOXQXQ RQD\Õ YH GDYHWL LOH DGD\ \H ROXQXU HQ D] D\ NXOS
oDOÕúPD YH WRSODQWÕODUÕQD DGD\ RODUDN NDWÕOGÕNWDQ JHUHNOL H÷LWLPOHUL DOGÕNWDQ VRQUD ELU JLULú W|UHQL LOH \HOL÷H NDEXO
HGLOLU
.LPOHU/LRQRODELOLU"
7&'HUQHNOHU\DVDVÕJHUHNOHULQHX\DQKHUYDWDQGDú\HRODELOLU
h\HOLNúDUWODUÕQHGLU"
%LULQFLOúDUW$WDWUNLONHYHGHYULPOHULQHYH&XPKXUL\HWHED÷OÕOÕNWÕU'L÷HUúDUWODUOLRQVW|UHOLONHOHULQGHDQODWÕOGÕ÷ÕJLELL\L
YDWDQGDúYH\XUWWDúROPDNoÕNDUJ|]HWPHNVL]LQELULNLPLQLWRSOXPXQ\DUDUÕQDVXQPD\ÕNDEXOHWPHNWLU
h\HOHUGHQEHNOHQWLOHUQHGLU"
$\GDLNLNH]\DSÕODQWRSODQWÕODUDNDWÕOPDNDLGDWODUÕQÕ|GHPHNNXOEQKL]PHW SURMHOHULYHHWNLQOLNOHULQGH\HUDOPDN
%LU/LRQNLPGLU"
ø\L DKODNOÕ JYHQLOLUDoÕNILNLUOL EDúNDODUÕQD VD\JÕOÕLQVDQÕ YH WP \DUDWÕOPÕúODUÕ VHYHQ NROOD\DQDLOH\DúDPÕQGD
PHVOH÷LQGHYHoHYUHVLQGHVD\JÕQVRUXPOXOXNVDKLEL|]YHULOLYHKL]PHWLVHYHQNLúLGLU
%LU/LRQXOXVODUDUDVÕ/LRQV
XQ\HVLPLGLU"
%LU/LRQVDGHFHNXOXEQQ\HVLGLUNXOEGQ\DGDNLGL÷HUNXOSOHUOHELUOLNWH%LUOL÷LROXúWXUXU
/LRQROPDQÕQPDOLSRUWUHVLQHGLU"
h\HOLNDLGDWÕD\GDELUVLQHPDEHGHOLQGHQD]GÕU.DWÕOÕQDQWRSODQWÕODUGDKHUNHV\HGL÷L\HPH÷LQEHGHOLQL|GHU
.DGÕQ\HOHUH/LRQHVV
PLGHQLU"
+D\ÕU NDGÕQ \H D\UÕOÕ÷ÕQÕ /LRQV \ÕOÕQGD NDOGÕUPÕú YH HúLW KDNODU WDQÕPÕúWÕU DUWÕN /LRQHVV WDELUL \RNWXU /LRQV
NDGÕQ \H RUDQÕQÕQ ODUÕ EXOGX÷X WHN XOXVODU DUDVÕ NXUXOXúWXU G|QHPLQGH 7UN /LRQV XQXQ HQ VW
\|QHWLFLVLELUNDGÕQGÕU
*HQoOHU\HRODELOLUPL"
\DúÕQÕGROGXUPXúKHUELUH\\HRODELOLU$\UÕFDJHQoOHULQNHQGLDUDODUÕQGDGDKDoRNNHQGLH÷LWLPOHULQH\|QHOLNOHR
NXOSOHULYDUGÕU*HQoOHUWHUFLKOHULQLNXOODQÕSLVWHUOLRQLVWHUOHRRODELOLUOHU/HR\HOL÷LJHUoHNOLRQV\HOL÷LGH÷LOGLU
/HR.XOSOHUQHGLUQH\DSDU"
\Dú JXUXEX JHQoOHULQ 7& GHUQHNOHU \DVDVÕQD J|UH NXUXOPXú 8/.% \H J|UH ELU /LRQV SURJUDPÕ RODQ
NXOSOHUGLU *HQoOHU LoLQ EXOXQPD] IÕUVDWODU LoHUHQ/HRNXOSOHUL\HOHULOLGHUOLNOHULQL JHOLúWLUPHN\|QHWLFLOLN YHLQVDQ
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
LOLúNLOHULQGH GHQH\LP ND]DQPDN \HQL GRVWODU YH DUNDGDúODU HGLQPHN PDGGL GX\JXODU GÕúÕQGD PXKWDo LQVDQODUD
KL]PHWVHYJLYHLOJLJ|WUPHNJLELPDQHYLGH÷HUOHUND]DQPDNJLEL
h\HROPDNLoLQELUPHVOHNJXUXEXQGDQROPDNJHUHNOLPL"
0HVOHN VÕUDODPDVÕQD |]HQ J|VWHULOVH GH oRN NHVLQ oL]JLOHU LoHUHQ ELU ]RUXQOXOXN GH÷LOGLU g]HOOLNOH NDGÕQODUD \HOLN
KDNNÕ WDQÕQGÕNWDQ VRQUD EX NXUDO oHUoHYHVL JHQLúOHPLúWLU $QFDN /LRQ \HQLQ PXWODND WRSOXPD YHUHFH÷L ELU DUWÕVÕ
ROPDOÕGÕU
%LU/LRQVNXOE\HVLROPDVÕNLúL\HQHND]DQGÕUÕU"
\HQLGRVWODUDUNDGDúODUYHVRV\DO\DúDPDNDWÕOPDRODQD÷Õ
\|QHWLPWHFUEHVLWDNÕPoDOÕúPDVÕDOÕúNDQOÕ÷ÕELUH\VHOJHOLúPH
GX\DUOÕYDWDQGDúROPDVRUXPOXOX÷XQXQH\OHPHG|QúPHRODQD÷Õ
GQ\DLQVDQODUÕLOHWDQÕúPDYHND\QDúPDIÕUVDWÕ
DU]XHWWL÷LGDOGDWRSOXPLKWL\DoODUÕQDo|]PJHWLUHUHNSURIHV\RQHOOL÷LQLQGÕúÕQDoÕNPDIÕUVDWÕ
J|QOOoDOÕúPDQÕQJHWLUGL÷LYLFGDQKX]XUXYHJ|QO]HQJLQOL÷LQL\DúDPDúDQVÕ
/LRQVWRSODQWÕODUÕQD/LRQROPD\DQNLúLOHUNDWÕODELOLUPL"
(YHWKHUGDYHWHGLOHQWRSODQWÕLNUDPFUHWLQL|GHPHNYHWRSODQWÕNXUDOODUÕQDULD\HWHWPHNúDUWÕLOHOLRQWRSODQWÕODUÕQD
NDWÕODELOLU
/LRQODUQH\DSDUODU"
øQVDQÕ \DúDPÕ YH GR÷D\Õ LOJLOHQGLUHQ KHU NRQXGD SURMH UHWLS VRUXQODUD o|]P JHWLULUOHU gUQH÷LQ VD÷OÕN H÷LWLP
NLPVHVL]YHVRNDNoRFXNODUÕX\XúWXUXFXoHYUHNOWUHOoDOÕúPDODUXOXVODUDUDVÕLOLúNLOHU
'Q\DGD/LRQV.XOSOHULQLQED]ÕKL]PHW|UQHNOHULQHOHUGLU"
$IULND WRSUD÷ÕQGD UH\HFHN SDWDWHV JHOLúWLUPHNWHQ 1HSDO´LQ H÷LWLP VLVWHPLQLQ ROXúWXUXOPDVÕQD %RVQD GD \ÕNÕODQ
RNXOODUÕ\HQLGHQLQúDYHWHIULúWHQ$NGHQL]LQNLUOHQPHVLQL|QOH\LFLSROLWLNDODUROXúWXUXOPDVÕQDNDGDU6D\ÕVÕ]SURMHOHU
JHUoHNOHúWLULOPLúWLU$QDNRQXVXVRQ\ÕOGÕUN|UONOHVDYDúWÕU6DOWEXNRQXGDGQ\DQÕQoHúLWOLONHOHULQGHOLRQODU
PLO\RQGRODUÕDúNÕQSURMHJHUoHNOHúWLUPLúWLU
7UNL\H
GHKL]PHW|UQHNOHULQHGLU"
6D\ÕVÕ] H÷LWLP QLWHVL ELQOHUFH |÷UHQFL EXUVX KDVWDQH RGDODUÕ HNLSPDQODUÕ SDQHOOHU NDPSDQ\DODU VD÷OÕN
WDUDPDODUÕD÷DoGLNLPOHULNOWU\DUÕúPDODUÕVHUJLOHUONH\LWDQÕWÕFÕGRNPDQYHWRSODQWÕODUYHEHQ]HULKL]PHWOHULQ
\DQÕ VÕUD %D\UDPSDúD YH øGHDOWHSH *|] +DVWDQHOHUL $KPHW (UPLú %|EUHN +DVWDQHVL dDSD +DV 'LDEHW 0HUNH]L
dDSD+DV*|]%DQNDVÕ(VNLúHKLUYH$QDGROXg]UOOHU5HKDELOLWDV\RQ0HUNH]OHULoHúLWOLNHQWOHUGHLONRNXOJLEL
NDOÕFÕKL]PHWOHULGHYDUGÕU
'Q\DGDNLNXOSOHUELUELULQHGHVWHNRODELOLUPL"
(YHW ELUoRN NXOS NQRZKRZ YH PDO]HPH \DUGÕPODúPDVÕ \DSPDNWDGÕU $\UÕFD LNL ONH OLRQODUÕQÕQ RUWDN JHOLúWLUGL÷L
SURMHOHUH8/.%GHNDWNÕGDEXOXQXUgUQH÷LQVRQRODUDNELU$OPDQLOHELU7UNNXOE8/.%GHQIRQDODUDNùÕUQDN
$QDGROX/LVHVLQLQELOJLVD\DUODERUDWXDUÕQÕNXUPXúWXU
/LRQVNXOSOHULQJHQoOHUH\|QHOLNIDDOL\HWOHULYDUPÕ"
(YHW/HRNXOSOHULSURJUDPÕJHQoOHUDUDVÕGH÷LúLPSURJUDPÕXOXVODUDUDVÕJHQoOLNNDPSODUÕEXUVODUX\XúWXUXFXYH
ED÷ÕPOÕOÕNODPFDGHOHELOLQoOHQGLUPHVLEHFHULND]DQGÕUPDNXUVODUÕYE
/LRQV8OXVODUDUDVÕ9DNIÕ1HGLU"
.DUJWPH\HQNDPX\DUDUÕQDGQ\DGDNLOLRQNXOSOHULQJHOLúWLUGL÷LSURMHOHUHIRQYHUHQELUYDNÕIWÕU
%XYDNÕIQHOHU\DSDU"
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
øQVDQL VRUXQODU |]UO YH úDQVVÕ]ODUD PHVOHN H÷LWLPL YH GR÷DO DIHWOHU NRQXVXQGD OLRQODUÕQ JHOLúWLUGL÷L YH VWOHQGL÷L
SURMHOHUHNDUúÕOÕNVÕ]ED÷Õú\DSDU
%XYDNIÕQNDWNÕGDEXOXQGX÷X7UNSURMHVLYDUPÕGÕU"
(YHW 7UN OLRQODUÕ SURMHOHULQH EX YDNÕIWDQ EXJQH GH÷LQ PLO\RQ GRODU ED÷Õú DOPÕúODUGÕU %|EUHN +DVWDQHVL *|]
+DVWDQHOHUL *|] %DQNDVÕ 'L\DEHW 0HUNH]OHUL g]UOOHU 0HUNH]OHUL 6HO YH GHSUHP VRQUDVÕ \DUGÕP SURMHOHUL JLEL
\DNODúÕNSURMHNDWNÕDOPÕúWÕU
7UNL\HGH/LRQVNXOSOHULQLQJLULúLPL\OHNXUXOPXú9DNÕIYDUPÕGÕU"
(YHW7UN%|EUHN.RUXQPD\D0XKWDodRFXNODU7UN.DOS7UN/LRQV<]\ÕO(÷LWLPYH.OWU*|]QXUXQX
.RUXPD$OWÕ1RNWD.|UOHU/LVHV(JHYH$NGHQL]7UN%HFHUL.D]DQGÕUPD7UNL\HøúLWPH\L.RUXPD5HKDELOLWDV\RQ
%D÷ÕPOÕOÕ÷Õ(QJHOOHPH0FDGHOH(÷LWLP9DNÕIODUÕJLEL
1HGHQøQJLOL]FH/,216LVPLQLNXOODQÕ\RU$6/$1/$5GHPL\RUVXQX]"
/,216DGÕEWQGQ\DGDNXOODQÕODQYHWHVFLOHGLOPLúELULVLPGLU)DUNOÕELULVLPNXOODQPDNELUOLN\HOHULLoLQJHUHNOLGLU
hONHPL]GHSHNXOXVODUDUDVÕPDUNDYHLVLPD\QHQNXOODQÕOPDNWDGÕU
/LRQV.XOSOHULQLQEDúNDGHUQHNYH\DNXUXOXúODUODLOLúNLOHULYDUPÕ"
/LRQV .XOSOHULQLQ EDúND KLo ELU GHUQHN YH\D NXUXOXúOD GR÷UXGDQ YH\D GROD\OÕ LOLúNLVL \RNWXU 8OXVODUDUDVÕ /LRQV
.XOSOHUL%LUOL÷L%LUOHúPLú0LOOHWOHULQ(NRQRPLNYH6RV\DO.RQVH\LQGH(&(62&KNPHWOHUGÕúÕGDQÕúPDQOÕNVWDWV
YDUGÕU %HQ]HU úHNLOGH $YUXSD .RQVH\LQGH GDQÕúPDQOÕN VWDWVQH VDKLSWLU 7UNL\H¶GH WP \HOHU $WDWUN LONH YH
LQNÕODSODUÕQD \UHNWHQ ED÷OÕGÕUODU %XQX KD]PHGHPH\HQ ED]Õ oHYUHOHU EL]OHU KDNNÕQGD ³N|N GÕúDUÕGD´ YH EHQ]HUL
WUGHQ\ÕSUDWPD\ÕDPDoOD\DQV|\OHQWLOHU\D\PDoDEDVÕLoLQGHGLUOHU
+L]PHWOHULQL]LoLQJHUHNOLSDUD\Ձ\HOHULQL]GHQPLWRSOX\RUVXQX]"
+D\ÕU/LRQVLPNDQODUÕRODQODUODLKWL\DFÕRODQODUDUDVÕQGDELUN|SUJ|UHYLVWOHQPLúWLUh\HOHUoHYUHOHULQGHLPNDQODUÕ
RODQODUDELOJLYHULSRQODUÕKDUHNHWHJHoLUPH\HoDOÕúÕUODU%|\OHFHKL]PHWOHULoLQND\QDN\DUDWÕOPÕúROXU%XoDOÕúPDODUD
SDUDVDOGHVWHNYHULSYHUPHPHNVDGHFH\HQLQLVWH÷LQHED÷OÕELUNRQXGXU
h\HOHULQL]LVHoHUHNDOPDNVL]LWRSOXPGDQX]DNODúWÕUPÕ\RUPX"
%DúDUÕOÕKL]PHWOHUYHUPHNYHE\NSURMHOHUJHUoHNOHúWLUPHNLoLQ\HOHULPL]LVHoHUHNDOPDOÕ\Õ].D]DQPDNLVWH\HQKHU
WDNÕPHQL\LR\XQFXODUÕEQ\HVLQHNDWPD\DoDOÕúÕU
7RSODQWÕODUÕQÕ]ÕJHQHOGHRWHOOHUGH\DSPDNDVOÕQGDVDGHFHH÷OHQPHNLoLQELUDUD\DJHOPHQL]GHPHNGH÷LOPLGLU"
h\HOHUDLOHYHLúGÕúÕQGDNLGLQOHQPHNYH\DH÷OHQPHNOHJHoLUHELOHFHNOHULNHQGL|]HO]DPDQODUÕQÕNXOSoDOÕúPDODUÕQD
WDKVLVHGHUOHU.XOSOHULQGHNLKL]PHWSURMHOHULQGHoDOÕúÕUNHQELUPLNWDUGLQOHQPHOHULQLGHVD÷ODPDNJHUHNLU
7RSODQWÕODUÕQÕ]GDoRNNXUDOFÕVÕQÕ]QHGHQ"
%D]ÕNXUDOODUÕPÕ]YDUDPDDúÕUÕNXUDOFÕGH÷LOL]%D]HQNXUDOODUÕDúÕUÕX\JXOD\DQ.XOSOHUHUDVWODQVDGDEXQODULVWLVQD
VD\ÕOPDOÕGÕU.XUDOODU oDOÕúPDODUÕQ YH \DSÕODQPDQÕQKHU \HUGH D\QÕ ROPDVÕQÕ GROD\ÕVÕLOH GQ\DGDNL ELQNXOEQ
ELUELULQHEHQ]HUúHNLOGHIDDOL\HWJ|VWHUPHVLQLVD÷ODU
/LRQVNXOSOHULQLQN|NGÕúDUÕGDROGX÷XGR÷UXPX"
8OXVODUDUDVÕ ELU NXUXOXúD PHQVXS ROPDN ³N|N GÕúDUÕGD´ ROPDN GH÷LOGLU 8OXVODUDUDVÕ GúQS XOXVDO GDYUDQPDN
|QHPOLGLU7P /LRQV .XOSOHULEX úHNLOGH GDYUDQÕUODU7UNL\H¶GHNL.XOSOHULQ \HOHUL 7UN¶WU YH 7UNL\H¶GH KL]PHW
YHULUOHUhONHPL]ELUoRNXOXVODUDUDVÕNXUXOXúDGDKLOGLU|UQH÷LQ1$72%XN|NGÕúDUÕGDROPDNGHPHNGH÷LOGLU
<|QHWLFLOHULQL]SDUDDOÕ\RUPX"
/LRQV.XOSOHULQGHWPoDOÕúPDODUJ|QOOGU+LoELU\H\|QHWLFLROVXQYH\DROPDVÕQKLoELUúHNLOGHFUHWDOPD]
/LRQV.XOEQHJLUPHNLVWL\RUXP1H\DSPDOÕ\ÕP"
/LRQV.XOSOHULQH\HOLNGDYHWOHROXU%LU\HQLQ|QHUPHVLNXOEQYH|QHULOHQ\HQLQNDEXOLOHELU/LRQV.XOEQH
\HROXQXU
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
+D\DOPL*HUoHNPL LNL"
*HoHQ EOWHQLPL]GH oRFXNODUÕPÕ]ÕQ JHQoOHULPL]LQ EL]LP NXOODQGÕ÷ÕPÕ] ER]XN SDUDODUÕ ELOPHGL÷LQGHQ \DNÕQPÕú
NXOODQGÕ÷ÕPÕ] SDUDODUÕ NXUXúODUÕ VHUJLOHPLúWLN %X VHIHU EL]LP GH NXOODQPDGÕ÷ÕPÕ] &XPKXUL\HWLPL]LQ LON EDQN QRWODUÕQÕ
VHUJLOL\RUX](PLV\RQDoÕNWÕNODUÕWDULK$UDOÕN2WDULKWHGRODUGDQGDNÕ\PHWOL\GLOHU%OWHQLQEXUDVÕQGD7HPPX]
WDULKLQGH\D\ÕQODGÕ÷ÕPÕ]\FH$7$7h5.¶QELUNDoFPOHVLQL\D]PDGDQJHoHPH\HFH÷LP
³2VPDQOÖKNPGDUODUÖYH\DNÖQODUÖ SDUÖOWÖOÖE\NJ|VWHULûOHULoLQGH\DûD\DELOPHNLoLQONHQLQYHXOXVXQ
EWQND\QDNODUÖQÖNXUXWWXNWDQEDûNDXOXVXQKHUWUOJHOLUOHULQLNDUûÖOÖNJ|VWHUHUHNYHGHYOHWLQRQXUXQXûHUHILQL
D\DNODU DOWÖQD DODUDN ELU oRN ERUoODUDJLUPLûOHUGL2 GHQOL oRNERUo ODQPÖûODUGÖNL GHYOHW EX ERUoODUÖQ UHPOHULQL
IDL]OHULQLELOH|GH\HPH\HFHNGXUXPDJHOPLûGQ\DJ|]QGHLIODVHWPLûVD\ÖOPÖûWÖµ
³2VPDQOÖIDWLKOHULKDNDQODUÖLVWLODFÖODUÖVUNOHGLNOHULXOXVODELUOLNWHVDSDQÖQ|QQGH\HQLOLSJHULOHPH\H
EDûODGÖNWDQ V RQUD DVÖO \ÖNÖPODUÖQ E\ø EDû J|VWHUGL 6DGHFH ELU ¶ûDKDQH· EDøÖû RODUDN \DEDQFÖODUD YH ONH
LoLQGHNL KULVWL\DQ X\UXNODUD YHULOHQ KDNODU VDQNL GHYOHWL ]RUOD\DUDN DOÖQ WHUL KDUFD\DUDN DOÖQDQ KDNODU VD\ÖOGÖ
<DEDQFÖODU\DOQÖ]EXKDNODUÖNRUX\XSNXOODQP DNODNDOPDGÖODUEHONLKHUJQRQODUÖELUD]GDKDJHQLûOHWLS\D\PDN
LoLQ \ROODU DUDGÖODU YH EXOGXODU ùoHULGHNL X\UXNODUVD NRUX\XS GXUGXNODUÖ Lo NXUXOXûODUD GD\DQDUDN GÖûDUÖGDNL
GLQGDû GHYOHWOHULQ \] YHULS NÖûNÖUWPDODUÖQD X\DUDN |] 7UNOHUL \RN HGHFHN E LU VL\DVDO YDUOÖN ND]DQPD\D
oDOÖûPDNWDQ JHUL GXUPDGÖODU <DEDQFÖODU KHP EXQODUÖ NÖûNÖUWÖ\RUODU KHP EL]LP Lo LûOHULPL]H HO DWÖ\RUODU YH KHU
NDUÖûPDGD ELU \HQL D\UÖFDOÖN NRSDUPDGDQ HOOHULQL oHNPL\RUODUGÖ %XQODU ROXS GXUXUNHQ oRNWDQ \RNVXO GûPû
XOXVGHYOHWLQLVWHGLøLYHUJL\LYHUHPH]ELULNWLUHPH]KDOHJHOL\RUGX+DOEXNLEDûÖWDoOÖODUVDUD\OÖODU%DEÖkOLOLOHUQH
\DSÖS\DSÖSJ|VWHULûOHULQLKDUFD\ÖûODUÖQÖVUGUHELOPHNLoLQJHUHNHQSDUD\ÖHOGHHWPHN\ROXQGDKLoELUGDYUDQÖûWDQ
oHNLQPL\RUODUGÖ %X \]GHQ E RoODQPDODU ROGX 2 NDGDU ERUoODQGÖODU NL R NDGDU HOYHULûVL] NRûXOODU LoLQGH ERUo
DOGÖODUNLEXQODUÖQIDL]OHULQLELOH|GH\HPH]ROGXODU(QVRQXQGDELUJQJHOGL2VPDQOÖ'HYOHWL·QLQVÖIÖUÖWNHWWLøLQH
KNPHWWLOHU $NoDOÖ LûOHULQL GHQHWOHPH\H JLULûWLOHU E |\OHFH EDûÖPÖ]D ·'\XQ X 8PXPL\H· GHQLOHQ EHOD o|NPû
ROGX´
³+HUûH\GHQHYYHOKD\DWYHLVWLNOkOLPL]LWHPLQGHQLEDUHWRODQJD\H \LPLOOL\HPL]HYXVXOGHQEDûNDELUûH\
GûQHPH\L] %LQDHQDOH\K EL]FH KDL] L HKHPPL\HW RODQ QRNWD NXGUHW L PDOL\HPL]LQ EXQX NkILO ROPD\DFDøÖGÖU
YHVHQHOHULQLQILLOLWHFDULELQHYHPVSHWKHVDEDWÖQDYHEXJQNDKYDOLGDKLOL\HYHLNWLVDGL\HPL]LQEX
JHoHQ LNL VHQH\H QLVSHWHQ NÖ\DV NDEXO HWPH] GHUHFHGH L\L ELU KDOGH EXOXQPDVÖQGDQ KDVÖO RODQ NDWL PLWOHUH
LVWLQDGHQ DU]HGHELOLULP NL PHPOHNHWLPL]LQ PHQDLELL YDULGDWÖ GDYD \Ö PLOOL\HPL]LQ LVWLKVDOLQL NkILOGLU .XYYH L
PDOL\HPL]EXJQHNDGDUROGXøXJLELKDULoWHQLVWLNUD]\DSPDNVÖ]ÖQGDKLIDNLUKDQHROPDNODEHUDEHUPHPOHNHWL
LGDUHYHJD\HVLQHLVDOHGHFHNWLU ´
.XSU%LU7UN/LUDVÖ
%DVWÕUÕODQPLNWDU7/
%DVWÕUÕOGÕ÷Õ\HUøQJLOWHUH
7HGDYOHoÕNDUÕOGÕ÷ÕWDULK
7HGDYOGHQoHNLOGL÷LWDULK
=RUXQOXWHGDYOVUHVLQLQVRQX
=DPDQDúÕPÕVUHVLQLQVRQX
.Õ\PHWLQLWDPDPHQND\EHGHFH÷LWDULK
7DúÕGÕ÷ÕøP]DODU0XVWDID $EGXOKDOLN5(1'$0DOL\H%DNDQÕ
%R\XWODUÕ[PP
+DNLPUHQN
gQ\]=H\WXQL\HúLO$UND\]=H\WXQL\HúLO
5HVLP
gQ\]0HFOLV%LQDVÕ$QNDUD.DOHVLNDUDVDEDQODoLIWVUHQELUN|\O
$UND\](VNL%DúEDNDQOÕN%LQDVÕ
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
.XSU%Hû7UN/LUD VÖ
%DVWÕUÕODQPLNWDU7/
%DVWÕUÕOGÕ÷Õ\HUøQJLOWHUH
7HGDYOHoÕNDUÕOGÕ÷ÕWDULK
7HGDYOGHQoHNLOGL÷LWDULK
=RUXQOXWHGDYOVUHVLQLQVRQX
=DPDQDúÕPÕVUHVLQLQVRQX
.Õ\PHWLQLWDPDPHQND\EHGHFH÷LWDULK
7DúÕGÕ÷ÕøP]DODU0XVWDID$EGXOKDOLN5(1'$0DOL\H%DNDQÕ
%R\XWODUÕ[PP
+DNLPUHQN
gQ\].R\XPDYL
$UND\].R\XPDYL
5HVLP
gQ\]$QNDUD.DOHVLELU%R]NXUWYH0HFOLV%LQDVÕ
$UND\].|SU$QNDUD
.XSU2Q7UN/LUDVÖ
%DVWÕUÕODQPLNWDU7/
%DVWÕUÕOGÕ÷Õ\HUøQJLOWHUH
7HGDYOHoÕNDUÕOGÕ÷ÕWDULK
7HGDYOGHQoHNLOGL÷LWDULK
=RUXQOXWHGDYOVUHVLQLQVRQX
=DPDQDúÕPÕVUHVLQLQVRQX
.Õ\PHWLQL WDPDPHQND\EHGHFH÷LWDULK
7DúÕGÕ÷ÕøP]DODU0XVWDID$EGXOKDOLN5(1'$0DOL\H%DNDQÕ
%R\XWODUÕ[PP
+DNLPUHQN
gQ\](IODWXQ
$UND\](IODWXQ
5HVLP
gQ\]$QNDUD.DOHVLYHELU%R]NXUW
$UND\]$QNDUD.DOHVL
QGHQELUJ|UQP
.XSU(OOL7UN/LUDVÖ
%DVWÕUÕODQPLNWDU7/
%DVWÕUÕOGÕ÷Õ\HUøQJLOWHUH
7HGDYOHoÕNDUÕOGÕ÷ÕWDULK
7HGDYOGHQoHNLOGL÷LWDULK
=RUXQOXWHGDYOVUHVLQLQVRQX
=DPDQDúÕPÕVUHVLQLQVRQX
.Õ\PHWLQLWDPDPHQND\EHGHFH÷LWDULK
7DúÕGÕ÷ÕøP]DODU0XVWDID$EGXOKDOLN5(1'$0DOL\H%DNDQÕ
%R\XWODUÕ[PP
+DNLPUHQN
gQ\].DKYHUHQJLYH]H\WXQL\HúLO
$UND\].DKYHUHQJLYH]H\WXQL\HúLO
5HVLP
gQ\]2UWDGDELUPRWLIVD÷GD$WDWUNSRUWUHVL
$UND\]$I\RQúHKULQGHQELUJ|UQP
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
.XSU<]7UN/LUDVÖ
%DVWÕUÕODQPLNWDU7/
%DVWÕUÕOGÕ÷Õ\HUøQJLOWHUH
7HGDYOHoÕNDUÕOGÕ÷ÕWDULK
7HGDYOGHQoHNLOGL÷LWDULK
=RUXQOXWHGDYOVUHVLQLQVRQX
=DPDQDúÕPÕVUHVLQLQVRQX
.Õ\PHWLQLWDPDPHQND\EHGHFH÷LWDULK
7DúÕGÕ÷ÕøP]DODU0XVWDID$EGXOKDOLN5(1'$0DOL\H%DNDQÕ
%R\XWODUÕ[PP
+DNLPUHQN
gQ\]=H\WXQL\HúLO
$UND\]=H\WXQL\HúLO
5HVLP
gQ\]$WDWUNSRUWUHVL
$UND\]%LUN|\UHVPL
.XSU%Hû\]7UNOLUDVÖ
%DVWÕUÕODQPLNWDU7/
%DVWÕUÕOGÕ÷Õ\HUøQJLOWHUH
7HGDYOHoÕNDUÕOGÕ÷ÕWDULK
7HGDYOGHQoHNLOGL÷LWDULK
=RUXQOXWHGDYOVUHVLQLQVRQX
=DPDQDúÕPÕVUHVLQLQVRQX
.Õ\PHWLQLWDPDPHQND\EHGHFH÷LWDULK
7DúÕGÕ÷ÕøP]DODU0XVWDID$EGXOKDOLN5(1'$0DOL\H%DNDQÕ
%R\XWODUÕ[PP
+DNLPUHQN
gQ\].DKYHUHQJLYHVDUÕ
$UND\].DKYHUHQJLYHVDUÕ
5HVLP
gQ\]6ROGD6LYDV*|NPHGUHVHVD÷GD$WDWUNSRUWUHVL
$UND\]6LYDVúHKULQGHQELUJ|UQP
.XSU%LQ7UN/LUDVÖ
%DVWÕUÕODQPLNWDU7/
%DVWÕUÕOGÕ÷Õ\HUøQJLOWHUH
7HGDYOHoÕNDUÕOGÕ÷ÕWDULK
7HGDYOGHQoHNLOGL÷LWDULK
=RUXQOXWHGDYOVUHVLQLQVRQX
=DPDQDúÕPÕVUHVLQLQVRQX
.Õ\PHWLQLWDPDPHQND\EHGHFH÷LWDULK
7DúÕGÕ÷ÕøP]DODU0XVWDID$EGXOKDOLN5(1'$0DOL\H%DNDQÕ
%R\XWODUÕ[PP
+DNLPUHQN
gQ\].R\XPDYL
$UND\].R\XPDYL
5HVLP
gQ\]$WDWUNSRUWUHVL
$UND\]6DNDU\DGHPLU\ROXKDWWÕ
%DQNQRWODUÕQ UHVLPYHELOJLOHUL³7UNL\H&XPKXUL\HWL0HUNH]%DQNDVÕ´QÕQZHEVLWHVLZZZWFPEJRYWU
DGUHVLQGHQDOÕQPÕúWÕU
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
/,216¶GDQYH.XOEP]GHQ+DEHUOHU
7RSOXPVDO(÷LWLPYH8OXVDO*HOLúLPWRSODQWÕVÕ
ùXEDW GH <|UH\OH %WQOHúPH +L]PHWOHUL .RPLWHVLQLQ G]HQOHGL÷L d,1$5 (&(/(5 ø1&ø5/ø
<(ùø<857YH<(ùø/.g<.XOSOHULQLQHYVDKLSOL÷L\DSWÕ÷Õ³7RSOXPVDO(÷LWLPYH8OXVDO*HOLúLP´EDúOÕNOÕYH*HoPLú
'|QHP*HQHO<|QHWPHQOHULPL]GHQ$VLO$/3$1¶ÕQVXQGX÷XSURJUDPD%DNÕUN|\.D\PDNDPÕøO*HQHO0HFOLVh\HOHUL
$1$3øOoH%DúNDQÕYHh\HOHUL%HOHGL\H0HFOLVh\HOHUL'<3øOoH%DúNDQ<DUGÕPFÕVÕ'63øOoH\|QHWLFLOHUL0XKWDUODU
$WDN|\)RONORU(÷LWLP0HUNH]L%DúNDQÕ$WDWUNo'úQFH'HUQH÷L%DúNDQÕYHh\HOHUL%DNÕUN|\øúDGDPODUÕ'HUQH÷L
%DúNDQÕYHh\HOHUL%DNÕUN|\7LFDUHW/LVHVL.RUXPD'HUQH÷L\HOHUL%DNÕUN|\(PQL\HW0GUO÷.RUXPD'HUQH÷L
\HOHUL $WDN|\OOHU 'HUQH÷L %DúNDQÕ %DNÕUN|\O 6DQDWoÕODU 'HUQH÷L \HOHUL dHYUH 'RVWODUÕ 'HUQH÷L %DúNDQ YH
h\HOHUL )ORU\D $WDWUN 2UPDQÕ .RUXPD YH <DúDWPD 'HUQH÷L %DúNDQÕ YH h\HOHUL (ULNOLEDED 'HUQH÷L YH h\HOHUL
*UOHN1DNLSR÷OX/LVHVL.RUXPD'HUQH÷Lh\HOHUL0DNLQH0KHQGLVOHUL2GDVÕ%DNÕUN|\ùXEHVL%DúNDQÕYHh\HOHUL
7NHWLFLOHU'HUQH÷L\HOHUL.ROHML\|QHWLFLOHUL8OXVDO%LUOLNYH'D\DQÕúPD'HUQH÷L%DúNDQ<DUGÕPFÕVÕYH0HG\D
PHQVXSODUÕNDWÕOGÕODU
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
.XOEP]HG|UW\HQL\HNDWÕOGÕ
.XOEP]Q ùXEDW WDULKOL D\OÕN WRSODQWÕVÕQGD DUDPÕ]D \HQL \H NDWÕOGÕ h\H
JLULú W|UHQLQL *HoPLú '|QHP *HQHO <|QHWPHQOHULPL]GHQ $\VDQ ù$.$5¶ÕQ \DSWÕ÷Õ WRSODQWÕGD
+DNNÕ 6HUGDU &(</$1 'U $FXQ *(=(5 'LOHN 7XQD 7$1,5 YH 2÷X] g=(562< DUDPÕ]D
NDWÕOGÕODU
$UDPÕ]D\HQLNDWÕODQ'LOHN7XQD7$1,5VLJRUWDFÕ(YOLYHELUoRFXNVDKLEL2÷OXQXQDGÕ
%DKDW 7XQD 7$1,5 (úLQLQ DGÕ LVH $KPHW 7$1,5 øVWDQEXO hQLYHUVLWHVL (GHEL\DW )DNOWHVL
6DQDW 7DULKL YH $UNHRORML E|OP 3URWRKLVWRU\D YH gQDV\D $UNHRORMLVL DQD ELOLP GDOÕQGDQ
PH]XQ.DQJUXEX5KSR]LWLI5HVLP<DSPD\Õ.LWDS2NXPD\ÕøQVDQ3VLNRORMLVLQLDUDúWÕUPD\Õ
VHYL\RU %LU GH 5RPDQ WDVOD÷Õ YDU YH EXQXQOD GD YDNLW EXOGXNoD X÷UDúÕ\RU (YL $YFÕODU¶GD LúL
%DNÕUN|\¶GH.HQGLVL0D\ÕV¶WDHúL1LVDQ¶GDR÷OXGD0DUWWDGR÷PXú
+DNNÕ 6HUGDU &(</$1 Lú DGDPÕ NHVLQWLVL] Jo ND\QDNODUÕ\OD LOJLOHQL\RU (YOL YH ELU
oRFXN VDKLEL .Õ]ÕQÕQ DGÕ =H\QHS (úLQLQ DGÕ LVH 1HYLQ hQLYHUVLWHVL PH]XQX .DQ JUXEX 5K
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
QHJDWLI (YL GH LúL GH %DNÕUN|\¶GH .HQGLVL (\OOGH HúL úXEDWWD NÕ]Õ GD RFDNWD
GR÷PXú
2÷X] g=(562< EDQNDFÕ +HQ] EHNDU 0KHQGLV (YL $WDN|\GH LúL %DNÕUN|\¶GH
*DUDQWL%DQNDVÕdDUúÕ%DNÕUN|\ùXEHVLPGU0D\ÕV¶WDGR÷PXú
'U $FXQ *(=(5 J|] KHNLPL (YOL YH LNL oRFXN VDKLEL %\N NÕ]ÕQÕQ DGÕ øONH NoN
NÕ]ÕQÕQVD (FH (úLQLQ DGÕ LVH (UKDQ øVWDQEXO hQLYHUVLWHVL 7ÕS )DNOWHVLQGHQ PH]XQ 0H]XQ
ROGX÷XIDNOWHGH*|]+DVWDOÕNODUÕ$QDELOLP'DOÕQGDg÷UHWLP\HVL'RoHQW0HVOH÷LQGHùDúÕOÕN
YH 3HGLDWULN 2IWDOPRORMLGH X]PDQÕ .DQ JUXEX $ 5K SR]LWLI 7HNQRORML |]HOOLNOH ELOJLVD\DU
6RIWZDUH LQWHUQHW VLQHPD YH IXWERO LOH LOJLOHQLU g]HOOLNOH *DODWDVDUD\ LOH oRN LOJLOLGLU
)HQHUEDKoHOLOHU GLNNDW .XOEP]Q ZHE VD\IDVÕQD |QHPOL NDWNÕODUÕ YDU KHPHQ KHPHQ
WP(YL$WDN|\¶GHLúLdDSD¶GD.HQGLVL(\OOGHHúLùXEDWWDE\NNÕ]ÕQLVDQGD
NoNNÕ]ÕGDQLVDQGDGR÷PXú
.HQGLOHULQHEXUDGDQWHNUDUKRúJHOGLQL]GL\RUX]
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
ùXEDWWDULKOLWRSODQWÕPÕ]GD.XUXFXODUÕPÕ]ÕKDWÕUODGÕN
/LRQ$KPHWg=<,/0$=.XUXFX%DúNDQ\DUGÕPFÕVÕ.XOEQWDULKLQGHNLEDúNDQÕ
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
/LRQ%DUODV.RUD\g=.$1.XOEP]QWDULKLQGHNLEDúNDQÕ
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL
%h/7(1
KWWSZZZLQFLUOLOLRQVGHUQHJLFRP
KWWSZZZLQFLUOLOLRQVNXOXEXFRP
ùXEDW
/,%(57<,17(//,*(1&(2851$7,21¶66$)(7< g=*h5/h.$1/$<,ù8/86808=81*h9(1/øöø'ø5
/LRQ%OHW'hù.2.XOEP]QWDULKLQGHNLEDúNDQÕ.XUXFXODUGDQVRQUDNXOEHLONJLUHQ
\H/Q$KPHWg=<,/0$=YH± '|QHPL%DúNDQÕ/QùNU%XUKDQ25$/3µLQ
DUDVÕQGD
%OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ]
± '|QHPL<|QHWLP.XUXOXú%XUKDQ25$/3%DúNDQ*UD\<857787$1*Ho'|Q%úN
ù+DOLO(5d(7ù16HNUHWHU$KPHW(5*ù16D\PDQ
)DKUHWWLQ.$=$.%úN<UG7XQo%(5*(%úN<UG3HUYLQ%2'85%úN<UG
.XWVL9(<ù62÷/8h\HOLN'LU +DOXN$<9$=2÷/87RSO<|Q9HKEL'(1ù=.OS$PLUL

Benzer belgeler

Ekim Bülteni

Ekim Bülteni %OWHQOHULPL]KWWSZZZLQFLUOLOLRQVGHUQHJLFRP YH\DKWWSZZZLQFLUOLOLRQVNXOXEXFRP DGUHVLQGH\D\ÕQGDGÕUWÕNOD\ÕQÕ] ± '|QHPL<|QHWLP.XUXOX'U7XQo%(5*(%DúNDQ...

Detaylı

$17$.<$ `()1( 527$5< .8/h%h

$17$.<$ `()1( 527$5< .8/h%h 5DPD]DQ D\ÖQÖQ LON LIWDU \HPHùLQL GHùHUOL NRQXNODUÖPÖ]OD JHUoHNOHüWLUGLN Detaylı

+$)7$/,. .8/h3 %h/7(1ø±

+$)7$/,. .8/h3 %h/7(1ø± RODELOHFHùLPL]GHQGROD\ÖROGXNoDEDüDUÖOÖELUWDUDPD\GÖ6DùOÖNWDUDPDVÖQGDJ|UHYDODQGLüKHNLPOHUL Detaylı

incirli lions kulübü derneği™nin

incirli lions kulübü derneği™nin $\QÕ DNúDPLVH/LRQODUÕQ HúOHUL\OH ELUOLNWHEL]LGDYHWHWWLNOHUL%DKLDLVLPOL)DV ORNDQWDVÕQGD \HPHN\HGLNYHEHUDEHUH÷OHQGLN9HKEL'(1ø=NDUGHúLPL]GDQV|]OHUHUHIDNDWWHNXVXUHWPHGL  Q...

Detaylı