detekcija - Elektro

Transkript

detekcija - Elektro
<< Back
'HWHNFLMDLVLJXUQRVQLXUHÿDML
)RWRHOHNWULþQLVHQ]RUL2VLULV;8 ,QGXNWLYQLVHQ]RUL2VLSUR[;6 .DSDFLWLYQLVHQ]RUL2VLSUR[;7 8OWUDVRQLþQLVHQ]RUL2VLVRQLF;; (QNRGHUL;&& .UDMQMHVNORSNH2VLVZLWFK;& 7ODþQHVNORSNH1DXWLOXV;0/ 6LJXUQRVQLPRGXOL3UHYHQWD;36 6LJXUQRVQHVNORSNH;&6 6YMHWORVQH]DYMHVH;86 1RåQHSHGDOH;3( 8SUDYOMDþNLXUHÿDML;< 2VLULV
)RWRHOHNWULþQLVHQ]RUL
8QLYHUVDO
3ULJXãHQDSR]DGLQD
-HGDQ SURL]YRG SULODJRÿHQ VYLP
DSOLNDFLMDPD
3UROD]QD]UDND
3URJUDPDELODQ121&
12REMHNWSULVXWDQ L]OD]]DWYRUHQ
1&REMHNWQLMHSULVXWDQ L]OD]
]DWYRUHQ
'HVLJQSODVWLþQL
'HVLJQPHWDOQL
0DNVQD]LYQD
EH]SULERUD
RVMHWQDGXOMLQD
EH]SULERUDSULJXãHQDSR]DGLQD
VDUHÀHNWRURPSRODUL]LUDQD
SUROD]QD]UDND
P
P
P
P
P
P
P
P
8JUDGQMDPP
0[
0[
.XüLãWH0PHWDOQR3SODVWLþQR'LPPP‘[/LOL9[â['
30[
00[
=DMHGQLþNHNDUDNWHULVWLNH
3RGHãHQMHRVMHWQHGXOMLQHVDPRXþHQMHP/('LQGLNDFLMDSRGHãDYDQMD8GD
6HQ]RUL]D'&DSOLNDFLMH$WUDQ]LVWRUVNLL]OD]
3ULNOMXþDNSUHRåLþHQ3Y5P
75åLþQL
313SURJUDPDELODQ121&
;8%$361/
131SURJUDPDELODQ121&
;8%$161/
313131SURJUDPDELODQ121& ±
;8%%361/
;8%%161/
±
3ULNOMXþDN0SULNOMXþDN0]D;80
VDPR]D0
75åLþQL
313SURJUDPDELODQ121&
;8%$3610
131SURJUDPDELODQ121&
;8%$1610
313131SURJUDPDELODQ121& ±
;8%%3610
;8%%1610
±
3ULNOMXþDNYLMþDQL
75åLþQL
313131SURJUDPDELODQ121& ±
8NORSQDVWUXMDP$L]OD]QLNRQWDNWDODUPQLNRQWDNW
±
±
±
=DMHGQLþNHNDUDNWHULVWLNH
1DSRQQDSDMDQMDPLQPDNV9RVLP;80«3UHNORSQDIUHNYHQFLMD+]
3ULERU]DSUROD]QX]UDNX
SUHRåLþHQP
;8%$.61/7
;8%%.61/7
VDSULNOMXþDNRP
;8%$.6107
;8%%.6107
YLMþDQL,62XYRGQLFD
±
±
8QLYHU]DOQLVHQ]RUL]D$&LOL'&DSOLNDFLMH"$9$9"
3ULNOMXþDNSUHRåLþHQ3Y5P
75
SURJUDP121&VDYUHPNDãQMHQMHP
±
±
±
±
3ULNOMXþDNYLMþDQL
75
SURJUDP121&VDYUHPNDãQMHQMHP
/('LQGLNDFLMDL]OD]D8QDSDMDQMD8
±
5DGQDIUHNYHQFLMD+]
±
±
9UHPHQVNRNDãQMHQMHV
±
±
3ULERU]DSUROD]QX]UDNX
SUHRåLþHQ3Y5P
±
±
YLMþDQL,62XYRGQLFD
±
±
±
ƒJODYD
6YLQDYHGHQL2VLULV'HVLJQVHQ]RULGRVWXSQLVX]DJODYDPD]DNXWRGƒ
=DPLMHQLWL³1´XUHIHUHQFLVD³:´
3ULPMHU ]DSUHRåLþHQHVHQ]RUH;8%$361/SRVWDMH;8%$36:/
]DVHQ]RUHVDSULNOMXþNRP;8%$3610SRVWDMH;8%$36:0
2VMHWQHGXOMLQHGHWDOMQLMHQDZZZ7HOHPHFDQLTXHFRP
'RGDWQLSULERU
'QRVDþL]DXJUDGQMX
5HÀHNWRUL
5HÀHNWRULPP
‘
;8=&
;8=&
;8=&
;8=&
‘
;8=&
[
;8=&
‘
;8=&
‘
;8=&
‘
;8=&
[
;8=&
1RVDþVDNXJOLþQLP
QRVDþHP]D
VHQ]RUL
UHÀHNWRU
;8=&
]D
;8%«
;80«
;8.«
;8;«
;8=%
;8=0
;8=.
;8=;
=DãWLWQRNXüLãWHVD
NXJOLþQLP
QRVDþHP
IRU
;80« ;8=0
;8.« ;8=.
;8;« ;8=;
0QRVDþ
;8=
0LQLMDWXUQLGHVLJQ
&RPSDFWGHVLJQ[
&RPSDFWGHVLJQ
P
P
P
P
P
P
P
P
P
P
P
P
GLUHNWQDUD]PDN0YLMFL
GLUHNWQDUD]PDN[0YLMFL
GLUHNWQDUD]PDNGR0YLMFL
3[[
3[[
3[[
7HPSHUDWXUQLUDVSRQƒ&«6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(&,3;8.,3
;80$36$/
±
±
;80$16$/
±
±
±
;8.$.6$/
±
;80$36$0
±
±
;80$16$0
±
±
±
;8.$.6$0
;8;$.6$0
±
±
;8;$.6$7
3UHNRVWUXMQDLNUDWNRVSRMQD]DãWLWD/('LQGLNDFLMDVWDQMDL]OD]QRJNRQWDNWD8GDQDSDMDQMD/('8GD
;80$.6$/7
;8.$.6$/7
±
;80$.6$07
;8.$.6$07
;8;$.6$07
±
±
0QLMH6QDS&ŠNRPSDWLELOQD
;8;$.6$77
UHOHMQLL]OD]&2$
±
;8.$5&7/
±
±
±
;8;$5&77
±
88
88
±
±
3RGHVLYRGRVSULXNORSXSULLVNORSXLOLLPSXOVQL
±
;8.$5&7/7
±
±
±
;8;$5&777
,QRYDWLYQLSULNOMXþDN
1RYLLQRYDWLYQLSULNOMXþDNMHGQRVWDYDQ]DXJUDGQMX
6YLVHQ]RULPDUNH7HOHPHFDQLTXHVD6QDS&NRPSDWLELOQLP0SULNOMXþNRP
±RåLþHQMHNDEHORPRGJRYDUDMXüHGXåLQHEH]RGYLMDþDLOLOHPOMHQMD
±XJUDGQMDXQHNROLNRVHNXQGLQLMHSRWUHEQRVNLGDQMHL]RODFLMH
.ODVLþQDXJUDGQMD
1RVDþL]D
0ãLSNX
;8=
8WLþQLåHQVNLSULNOMXþFLXNOMXþXMXüLSUHRåLþHQHYHU]LMH
-HGQRVWUXNLQRVDþL
]D
;8%
;80
;8.
;8;
VWDQGDUGDQ
;8=$þHOLþQL
;8=$
;8=$
;8=;
]DNUHWQL
;8=$SODVWLþQL
±
±
±
GXOMLQDP
EH]/('D
0
0
NXWQL
;=&3/
;=&3/
UDYDQ
;=&3/
;=&3/
YLMþDQLSULNOMXþDN
6QDS&
;=&&)&06
±
;=&&)&0% ;=&&)'09
2VLULV
)RWRHOHNWULþQLVHQ]RUL$SOLNDFLMH
3DNLUDQMH
'HWHNFLMDWUDQVSDUHQWQLKPDWHULMDOD
ýLWDþR]QDNDXERML
'LIX]QL
5HÀHNWLUDQL
5HÀHNWVDPRXþHQMH
UHÀHNWRUQLMHXNOMXþHQ
[UHÀHNURWXNOMXþHQ UXþQR
VDVDPRXþHQMHP
0DNVQD]LYQDRVMHWQDGXOMLQD
P
P
P
8JUDGQMDPP
0[
GUHNWQDUD]PDN[ GLUHNWQD[0YLMFL GLUHNWQD[0YLMFL
P
'LIX]QL
.XüLãWH0PHWDOQR3SODVWLþQR
3
3
0
3RWHQFLRPHWDU]DSRGHãDYDQMH
VDWLSNRP]DXþHQMH
VDWLSNRP]DXþHQMH
/('LQGLNDFLMDSRGHãDYDQMD8
±
8
8
8
7HPSHUDWXUQLUDVSRQƒ&
«
«
«
«
,3
,3
,3
,3
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(&
0
6HQ]RUL]D'&DSOLNDFLMH$WUDQ]LVWRUVNLL]OD]L
3ULNOMXþDNSUHRåLþHQ39&P
'LPHQ]LMHPP‘[/LOL9[â['
‘[
[[
±
±
3UHGDMQLN3ULMHPQLN åLþQL313
QHSUHNLQXWD]UDND
±
±
±
±
SUHNLQXWD]UDND
±
±
±
±
åLþQL131
QHSUHNLQXWD]UDND
±
±
±
±
SUHNLQXWD]UDND
±
±
±
±
3UHGDMQLN3ULMHPQLN åLþQL313
SURJUDPDELODQ
;8%+
±
±
±
åLþQL131
SURJUDPDELODQ
;8%-
±
±
±
3UHGDMQLN3ULMHPQLN
åLþQL313131SURJUDPDELODQ
±
;8.7.60/
±
±
3ULNOMXþDN0SULNOMXþDN
'LPHQ]LMHPP‘[/LOL9[â['
‘[
[[
[[
[[
3UHGDMQLN3ULMHPQLN åLþQL313
QHSUHNLQXWD]UDND
±
±
±
±
SUHNLQXWD]UDND
±
±
±
±
åLþQL131
QHSUHNLQXWD]UDND
±
±
±
±
SUHNLQXWD]UDND
±
±
±
±
3UHGDMQLN3ULMHPQLN åLþQL313
SURJUDPDELODQ
;8%+'
±
±
±
åLþQL131
SURJUDPDELODQ
;8%-'
±
±
±
3UHGDMQLN3ULMHPQLN
åLþQL313131SURJUDPDELODQ
;85..600
±
;8.7.600
;85.'
1DSRQQDSDMDQMDPLQPDNV9
«
«
«
«
8NORSQDVWUXMDPD[P$
3UHNRVWUXMQDLNUDWNRVS]DãWLWD/('LQGLNDFLMDVWDQMDNRQWDNWD8 8
3UHNORSQDIUHNYHQFLMD+]
8
8
6D[PPUHÀHNWRURP
PVD;85=
PVD[UHÀHNWRU
8
PVD;85=
'RGDWQLSULERU
8WLþQLåHQVNLSULNOMXþFLXNOMXþXMXüLSUHRåLþHQHYHU]LMH
/HüH]DGHWHNFLMXERMDLOLR]QDND
/HüD]DGYRVWUXNRSRYHüDQMHRVMHWQHGXOMLQH
GXOMPVDEH]/(' SUHRåRþHQLNXWQL
SUHRåLþHQLUDYQL
YLMþDQL
0
;=&3/
;=&3/
;=&&)&06
0
;=&3/
;=&3/
;=&&)&0%
;85=
'HWHNFLMDQHYLGOMLYLK
6HQ]RUERMD
'HWHNFLMDREMHNDWDQD
'HWHNFLMD
R]QDND
WUDQVSRUWQLPWUDNDPD
R]QDND
'LIX]QL
'LIX]QL
'LIX]QL
UXþQL
VDVDPRXþHQMHP
VDSRMDþDORP
3UROD]QLLOLGLIX]QL 'LIX]QLVDSRGHVLYLP 3UROD]QL
VDSRMDþDORP
SULJXãHQMHPSR]DGLQH LQIUDFUYHQR
P
P
P
P
0[
GLUHNWQDUD]PDN0 GLUHNWQDUD]PDN[0 QDãLQXUD]PDN
P
P
'HWHNFLMDSULVXVWYD
YRGHXWHNXüLQDPD
3UROD]QL
LQIUDFUYHQR
P
GLUHNWQDUD]PDN[ GLUHNWQDUD]PDN
GLUHFW¿[LQJFWUV
3
0
0
0
0
3
0
VDWLSNRP]DXþHQMH
VDWLSNRP]DXþHQMH
VDWLSNRP]DXþHQMH
VDWLSNRP]DXþHQMH
8
8
8
8
8
8
8
«
«
«
«
«
«
«
,3
,3
,3
,3
,3
,3
,3
±
±
[[
[[
[[
±
[[
±
±
;85&330/
;85&330/
±
±
±
±
±
±
±
±
±
±
±
±
;85&130/
;85&130/
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
;8.$.61/
±
;80:.61/
‘[
[[
±
±
[[
[[
±
;808'
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
;858.600
±
±
;8.$.610
;89.60
±
«
«
«
«
«
«
«
8
8
8
8
8
8
8
2YLVQRRWLSXRSULþNRJ
1D]LYQDRVMHWQD
NDEHODYLGLGRQMXWDEOLFX
GXOMLQDP
.RULVLWLL]PHÿXL
FPRYLVQRR
DSOLNDFLML
2SWLþNLNDEHOL]DNRULãWHQMHVDVHQ]RURP;85&
1RVDþ]D¿NVQRIRNXVLUDQMH
7LSNDEHOD
1DþLQGHWHNFLMH
5HIHUHQFD
2VMHWQDGXOM
)RNXVLUDQL
'LIX]QL
;8)1//
PP
;8)1//
PP
;8)1//
PP
6WDQGDUGDQ
'LIX]QL
;8)1
PP
3UROD]QD]UDNDGHWHNFLMD
;8)1;8)=
PP
ERMDSUHPDSUR]LUQRVWL
;85=
2VLULV
)RWRHOHNWULþQLVHQ]RUL$SOLNDFLMH
6DVWDYOMDQMH
7UDQVSRUWQLVXVWDYL
5REXVQLLNRPSDNWQL
2NYLU]DGHWHNFLMX
,QWHJULUDQRSRMDþDOR
$QDORJQLL]OD]
SURODVNDREMHNWD
]DLQGHNVLUDQMH
]DSR]LFLRQLUDQMH
'LIX]QL
3UROD]QL
3UROD]QL
'LIX]QL
0DNVQD]LYQDRVMHWQDGXOMLQD
P
P P
8JUDGQMDPP
0[
GLUHNWQD0YLMFL
8JUDGQMDUD]PDN
8JUDGQMDUD]PDN3XYRG
.XüLãWH0PHWDOQR3SODVWLþQR
0
0
3
3
P
3RWHQFLRPHWDU]DSRGHãDYDQMH
±
±
±
/('LQGLNDFLMDSRGHãDYDQMD8
±
8
±
8
7HPSHUDWXUQLUDVSRQƒ&
«
«
«
«
,3
,3
,3
,3
±
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(& 6HQ]RUL]D'&DSOLNDFLMH$WUDQ]LVWRUVNLL]OD]
3ULNOMXþDNSUHRåLþHQP
'LPHQ]LMHPP‘[/LOL9[â['
‘[
±
[[
3UHGDMQLN3ULMHPQLN åLþQL313
12
;8$+
±
;89+
±
1&
;8$+
±
±
±
åLþQL131
12
;8$-
±
;89-
±
1&
;8$-
±
±
±
3UHGDMQLN3ULMHPQLN åLþQL313
121&SURJUDPDELODQ
±
±
±
±
121&SURJUDPDELODQ
±
±
±
±
3ULNOMXþDNSULNOMXþDN 'LPHQ]LMHPP‘[/LOL9[â['
‘[
[[ ±
±
3UHGDMQLN3ULMHPQLN åLþQL313
12
;8$+6
±
±
±
1&
;8$+6
±
±
±
åLþQL131
åLþQL131
12
;8$-6
±
±
±
1&
;8$-6
±
±
±
3UHGDMQLN3ULMHPQLN åLþQL313
121&SURJUDPDELODQ
±
±
±
±
121&SURJUDPDELODQ
±
±
±
±
±
åLþQL131
3UHGDMQLNSULMHPQLNåLþQL
313131SURJUDPDELODQ
L]OD]21LOL2))
LQWHUQDYHO[PP ±
;89)0
±
LQWHUQDYHO[PP ±
;89)0
±
±
LQWHUQDYHO[PP ±
;89)0
±
±
3ULNOMXþDNYLMþDQL
'LPHQ]LMHPP9[â['
±
±
±
[[
3ULMHPQLNLOL75
±
±
±
;8-.
1DSRQQDSDMDQMDPLQPDNV9
«
«
«
«
8NRSQDVWUXMDPDNVP$
PDNVPLQ
3UHNRVWUXMQDLNUDWNRVSRMQD]DãWLWD/('LQGLNDFLMDNRQWDNWD8
8
8
8
8
5DGQDIUHNYHQFLMD+]
±
±
±
±
±
åLþQL313
8QLYHU]DOQLVHQ]RUL]D$&LOL'&DSOLNDFLMH"$UHOHMQLL]OD]&2
3ULNOMXþDNSUHRåLþHQP
5HOHMQLL]OD]SUHGDMQLNSULMHPQLNåLþQLWLSQHSUHNLQXWD]UDND
3ULNOMXþDNYLMþDQL
'LPHQ]LMHPP9[â['
±
±
±
75SUHNLQXWD]UDNDVD]XMDOLFRP
±
±
±
±
1DSRQQDSDMDQMDPLQPDNV9+]
±
±
±
±
8NORSQDVWUXMD
±
±
±
±
/('LQGLNDFLMDVWDQMDL]OD]QRJNRQWDNWD8
±
±
±
±
9UHPHQVNDIXQNFLMDV
±
±
±
±
3UHNORSQDIUHNYHQFLMD+]
±
±
±
±
'RVWXSDQLPRGHOVDSUROD]QRP]UDNRP
'RVWXSDQL³8´PRGHO
6D«P$DQDORJQLPL]OD]RP
3UHKUDPEHQDLQGXVWULMD
'HWHNFLMDSUROD]D
/DVHU
NODVH,,
9HOLNHXGDOMHQRVWLLOL
6DSRMDþDORPSRYHüDQD
6HQ]RULRGþHOLND
.RQWURODSUROD]D
.RQWURODSUROD]D
WRþQRSRGHãHQMH
RWSRUQRVWQDSUOMDYãWLQX
RWSRUDQQDNRUR]LMX
VD]XMDOLFRP
3UROD]QLODVHU
3UROD]QL
3RODUL]LUDQD
UHÀHNWLUDQD]UDND
'LIX]QL
5HÀHNWLUDQD]UDND
5HÀHNWLUDQD]UDND
P
P
P
P
P
0[
0[
0[
0[
GLUHNWQDLOLVDQRVDþHPUD]PDN0YLMFL
3
0
0QHKUÿDMXüLþHOLN
0QHKUÿDMXüLþHOLN
3
±
±
±
±
P
3
8
8
±
±
±
8
«
«
«
«
«
«
,3
,3
,3
,3
,3
,3
±
±
±
±
±
±
±
±
.RPSOHWVDGUåL
.RPSOHWVDGUåL
±
±
±
±
±
±
±
±
±IRWRHOHNWULþQLVHQ]RU
±IRWRHOHNWULþQLVHQ]RU
±
±
±
±
±[PPUHÀHNWRU
±‘PPUHÀHNWRU
±
±
;8133
;8133
±QRVDþ
±QRVDþ
±
±
;8113
;8113
±XSXWH]DXJUDGQMX
±XSXWH]DXJUDGQMX
‘[
0[
±
±
±
;80$3'
±
±
±
±
±
±
±
±
±
±
±
±
±
±
;8333'/
±
;8133'
;8133'
;8313'/
±
;8113'
;8113'
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
«
«
«
«
8
8
8
8
±
±
±
±
±
±
±
±
±
;8/0+
±
±
±
[[
[[
±
±
±
;8-%+
±
±
±
$&'&
$&«'&
±
±
±
±
5HOHMQLL]OD]$FRVM $FRVM ±
±
±
±
8
8
±
±
±
±
±
«
±
±
±
±
2VLSUR[
,QGXNWLYQLVHQ]RUL
8QLYHUVDO
XJUDGQMDL]YDQPHWDOD
XJUDGQMDXPHWDO
-HGDQ SURL]YRG SULODJRÿHQ VYLP
DSOLNDFLMDPD
7R þ Q R S R G H ã D Y D Q M H G H W H N F L M H
³XþHQMHP´RNROLQH
2EOLN(
[
2EOLN&
[
2EOLN'
[
0
PP
PP
PP
PP
.RULVQDRVMHWQDGXOMLQD6PPXPHWDOXL]YDQPHWDOD
«
«
«
«
2VMHWQDGXOMLQD]DWRþQRSRGHãDYDQMHPPXPHWDOL]YDQPHWDOD
1D]LYQDRVMHWQDGXOMLQD6Q
0RJXüQRVWXJUDGQMHXPHWDO
XJUDGQMDXPHWDOLOLL]YDQPHWDOD2VLFRQFHSWVDPRXþHQMHP
.XüLãWH0PHWDOQR3SODVWLþQR
3
3
3
3
7HPSHUDWXUQLUDVSRQƒ&
«
«
«
«
SUHRåLþHQ,3VDSULNOMXþNRP,3
,3
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(& 6HQ]RUL]D'&DSOLNDFLMH$åLþQL
3ULNOMXþDNSUHRåLþHQ3Y5P
'LPHQ]LMHPP‘[/LOLâ[9['
[[
[[
[[
0[
åLþQL
313
12
;6($3$/
;6&$3$/
;6'$3$/
±
1&
;6($3%/
;6&$3%/
;6'$3%/
±
131
12
;6($1$/
;6&$1$/
;6'$1$/
±
1&
;6($1%/
;6&$1%/
;6'$1%/
±
;6'$3$0
;6%3$/0
3ULNOMXþDN0LOL0SULNOMXþDN
åLþQL
313
12
VDPR]D0
;6($3$0
;6&$3$0
1&
;6($3%0
;6&$3%0
;6'$3%0
;6%3%/0
131
12
;6($1$0
;6&$1$0
;6'$1$0
;6%1$/0
1&
;6($1%0
;6&$1%0
;6'$1%0
;6%1%/0
«
«
«
1DSRQQDSDMDQMDPLQPDNV9
8NORSQDVWUXMDPDNVP$
3UHNRVWUXMQDLNUDWNRVSRMQD]DãWLWD




/('LQGLNDFLMDVWDQMDNRQWDNWD8QDSDMDQMD/('8
88
88
88
88
3DGQDSRQD]DWYRUHQRVWDQMH9QD,QD]LYQR d
d
d
d
3UHNORSQDIUHNYHQFLMD+]
±
8QLYHU]DOQLVHQ]RUL]D$&LOL'&DSOLNDFLMH7åLþQL
3ULNOMXþDNSUHRåLþHQ3Y5P
'LPHQ]LMHPP‘[/LOLâ[9['
[[
[[
[[
åLþQL
12
;6($0$/
;6&$0$/
;6'$0$/
±
1&
;6($0%/
;6&$0%/
;6'$0%/
±
12
;6($0$/8
;6&$0$/8
;6'$0$8
±
1&
;6($0%/8
;6&$0%/8
;6'$0%8
±
1DSRQQDSDMDQMDPLQPDNV9
«
«
«
±
8NORSQDVWUXMDPDNVP$
"LOL$
"$
"$
±
/('LQGLNDFLMDVWDQMDNRQWDNWD8QDSDMDQMD/('8
88
88
88
±
5H]LGXDOQDVWUXMDRWYRUHQRVWDQMHP$
d
d
d
±
3DGQDSRQD]DWYRUHQRVWDQMH9QD,QD]LYQR d
d
d
±
3UHNORSQDIUHNYHQFLMD+]
±
$&'&EH]
NUDWNRVSRMQH]DãWLWH
3ULNOMXþDN´81)SULNOMXþDN
åLþQL
$&'&EH]
NUDWNRVSRMQH]DãWLWH
1HRSKRGQRMHXJUDGLWLEU]LRVLJXUDþ$XVHULMXVDWHUHWRP
'RGDWQLSULERU
8JUDGQMD
=DUDYQHVHQ]RUHREOLN(&L'
1RVDþ]DFLOLQGULþQH
ƒ
KRUL]
2EOLN(
2EOLN&
2EOLN'
KRUL]
;6=%(
;6=%&
±
ƒ
;6=%(
;6=%&
±
]DPMHQD
]D
VHQVRUH
;6(;6&;6'
;6=%(
;6=%&
;6=%'
VHQ]RUH
0
0
0
0
;6=%
;6=%
;6=%
;6=%
0
0
0
0
0
0
PP
PP
«
PP
PP
PP
PP
«
«
«
«
«
««
±
±
±
±
XJUDGQMDXPHWDO
XJUDGQMDXPHWDO
XJUDGQMDXPHWDO
XJUDGQMDXPHWDOLOLL]YDQPHWDOD2VLFRQFHSWVDPRXþHQMHP XJUDGQMDXPHWDO
0
0
0
0
0
0
«
«
«
«
«
«
,3
,3
SUHRåLþHQ,3ZLWKSULNOMXþDN,3
0[
0[
0[
0[
0[
0[
±
±
;6%3$/
;6%3$/
;6%3$/
;6%3$/
±
±
;6%3%/
;6%3%/
;6%3%/
;6%3%/
±
±
;6%1$/
;6%1$/
;6%1$/
;6%1$/
±
±
;6%1%/
;6%1%/
;6%1%/
;6%1%/
;6%3$0
;6%3$/0
;6%3$/0
;6%3$0
;6%3$0
;6%3$0
;6%3%/0
;6%3%/0
;6%3%0
;6%3%0
;6%3%0
;6%3%0
;6%1$/0
;6%1$/0
;6%1$0
;6%1$0
;6%1$0
;6%1$0
;6%1%/0
;6%1%/0
;6%1%0
;6%1%0
;6%1%0
;6%1%0
«
«
«
«
«
«






88
88
8±
8±
8±
8±
d
d
d
d
d
d
±
±
±
0[
0[
0[
±
±
±
;6%0$/
;6%0$/
;6%0$/
±
±
±
;6%0%/
;6%0%/
;6%0%/
±
±
±
;6%0$8
;6%0$8
;6%0$8
±
±
±
;6%0%8
;6%0%8
;6%0%8
±
±
±
«
«
«
±
±
±
"$
"$
±
±
±
8±
8±
8±
±
±
±
d
d
d
±
±
±
d
d
d
±
±
±
"$
"$
"$
6HQ]RUVDGUåLNDEHO/ PVDSURJUDPDWRURPL0SULNOMXþNRP
8WLþQLåHQVNLSULNOMXþFLXNOMXþXMXüLSUHRåLþHQHYHU]LMH
=D2VLFRQFHSW;6SURJUDPDWRUH
;6=%30
'XOMLQDP
VDEH]/('
0
0
8
SUHRåLþHQ
NXWQL
;=&3/
;=&3/
;=&3/
SUHRåLþHQ
UDYDQ
;=&3/
;=&3/
;=&3/
YLMþDQL
6QDS&
;=&&)&06
;=&&)&0%
;=&&)&0%
±
;=&&)'09
±
2VLSUR[
,QGXNWLYQLVHQ]RUL$SOLNDFLMH
3ODVWLþQLFLOLQGULþQLSUHKUDPEHQDLQGXVWULMD
8JUDGQMD
L]YDQPHWDOD
O
8JUDGQMDX
PHWDO
0
0
0
0
1D]LYQDRVMHWQDGXOMLQD6Q
PP
PP
PP
PP
.RULVQDRVMHWQDGXOMLQDPP
«
«
«
0RJXüQRVWXJUDGQMHXPHWDO
XJUDGQMDL]YDQPHWDOD
XJUDGQMDL]YDQPHWDOD
XJUDGQMDL]YDQPHWDOD
XJUDGQMDL]YDQPHWDOD
.XüLãWH0PHWDOQR3SODVWLþQR
3
3
3
3
7HPSHUDWXUQLUDVSRQƒ&
«
«
«
«
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(& SUHRåLþHQ,3VSULNOMXþNRP,3
«
6HQ]RUL]D'&DSOLNDFLMH$åLþQL
3ULNOMXþDNSUHRåLþHQ3Y5P
'LPHQ]LMHPP‘[/LOLâ[9['
0[
0[
0[
0[
åLþQL
313
12
;633$
;633$
;633$
;633$
1&
;633%
;633%
;633%
;633%
131
12
;631$
;631$
;631$
;631$
1&
;631%
;631%
;631%
;631%
«9L]OD]
SODVWLþQL ±
±
±
±
«P$L]OD]
PHWDOQLXJUDGQMDXPHWDO
±
±
±±
SODVWLþQLXJUDGQMDXPHWDO
±
±
±±
SODVWLþQLXJUDGQMDL]YDQPHWDOD
±
±
±±
3ULNOMXþDN0LOL0SULNOMXþDN
åLþQL
313
12
;633$6
;633$'
;633$'
;633$'
1&
12
131
;633%6
;631$6
;633%'
;631$'
;633%'
;631$'
;633%'
;631$'
1&
;631%6
;631%'
;631%'
;631%'
«9L]OD]
±
±
±
±
«P$L]OD]
±
±
±
±
1DSRQQDSDMDQMDPLQPDNV9
«
«
«
«
8NORSQDVWUXMDPDNVP$
.UDWNRVSRMQD]DãWLWD/('LQGLNDFLMDVWDQMDNRQWDNWD8
8
8
8
8
/LQHDUQDJUHãND
±
±
±
±
3DGQDSRQD]DWYRUHQRVWDQMH9QD,QD]LYQR d
d
d
d
3UHNORSQDIUHNYHQFLMD+]
5DGQDIUHNYHQFLMD+]
±
±
±
±
8QLYHU]DOQLVHQ]RUL]D$&LOL'&DSOLNDFLMH7åLþQL
3ULNOMXþDNSUHRåLþHQ3Y5P
'LPHQ]LMHPP‘[/ 0[
0[
0[
åLþQL
12
;630$
;630$
;630$
;630$
1&
;630%
;630%
;630%
;630%
;630$.
;630$.
;630$.
;630$.
1&
;630%.
;630%.
;630%.
;630%.
«
«
«
«
EH]NUDWNRVSRMQH
]DãWLWH
3ULNOMXþDN8SULNOMXþDN
åLþQL
EH]NUDWNRVSRMQH
]DãWLWH
1DSRQQDSDMDQMDPLQPDNV9
12
0[
8NORSQDVWUXMDPDNVP$
"$
"$
/('LQGLNDFLMDVWDQMDL]OD]QRJNRQWDNWD8
8
8
8
8
5H]LGXDOQDVWUXMDRWYRUHQRVWDQMHP$
d
d
d
d
3DGQDSRQD]DWYRUHQRVWDQMH9QD,QD]LYQR d
d
d
d
3UHNORSQDIUHNYHQFLMD+]
"$
"$
"$
"$
1HRSKRGQRMHXJUDGLWLEU]LRVLJXUDþ$XVHULMXVDWHUHWRP
'RGDWQLSULERU
8JUDGQMD
=DGRGDWQLSULERU]DXJUDGQMXYLGLVWUDQLFH
$QDORJQLSR]LFLRQLUDQMH
)RUP)
[
)RUP(
[
)RUP&
[
)RUP'
[
0
0
0
PP
PP
PP
PP
0PP3PP
0PP3PP
0PP3
0«3«
0«3«
PP
0«3«
XJUDGQMDXPHWDO
XJUDGQMDXPHWDO
XJUDGQMDXPHWDO
XJUDGQMDXPHWDO
XJUDGQMDXL]YDQPHWDOD XJUDGQMDXL]YDQPHWDOD XJUDGQMDXL]YDQPHWDOD
3
3
3
3
0LOL3
0LOL3
0LOL3
«
«
«
«
«
«
«
SUHRåLþHQ,3VDSULNOMXþNRP,3
[[
[[
[[
[[
‘[
‘[
‘[
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
;6)$/
;6($/
;6&$/
;6'$/
;63$%
;63$%
;63$%
±
±
±
±
;60$%
;60$%
;60$%
;6)$/
;6($/
;6&$/
;6'$/
±
±
±
±
±
±
±
;63$%
;63$%
;63$%
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
;6)$/0
;6($/0 ;6&$/0 ;6'$0
±
±
±
;6)$/0
;6($/0 ;6&$/0 ;6'$0
±
±
±
«
«
«
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
±
8WLþQLåHQVNLSULNOMXþFLXNOMXþXMXüLSUHRåLþHQHYHU]LMH
=DGRGDWQLSULERU]DXJUDGQMXYLGLVWUDQLFH
2VLSUR[
,QGXNWLYQLVHQ]RU$SOLNDFLMH
0LQLMDWXUQLFLOLQGULþQL
8JUDGQMDX
PHWDO
‘
0
‘
1D]LYQDRVMHWQDGXOMLQD6Q
PP
PP
PP
2SHUDWLQJ]RQHPP
0RJXüQRVWXJUDGQMHXPHWDO
XJUDGQMDXPHWDO
.XüLãWH0PHWDOQR3SODVWLþQR
3RGHãHQMHEU]LQHGHWHNFLMHSUROD]DREMHNWD
7HPSHUDWXUQLUDVSRQƒ&
0
±
«
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(&
,3
'LPHQ]LMHPP‘[/LOLâ[9['
‘[
0[
0DNVLPDOQDEU]LQDSURODVNDREMHNWDLPSXOVLPLQ
±
±
±
3RGHVLYUDVSRQIUHNYHQFLMHLPSXOVLPLQ
±
±
±
0[
6HQ]RUL]D'&DSOLNDFLMH$åLþQL
3ULNOMXþDNSUHRåLþHQ3Y5P
åLþQL
313131121& SURJUDPDELODQ ±
±
±
åLþQL
313
;613$
;6/3$
12
;6/3$
1&
VSRUDYHU
±
±
±
EU]DYHU
±
±
±
12
;6/1$
;611$
;6/1$
3ULNOMXþDN0LOL0SULNOMXþDN
åLþQL
313
12
;6/3$6
;613$6
;6/3$6
1&
±
±
±
131
12
;6/1$6
;611$6
;6/1$6
1&
±
±
±
3ULNOMXþDN0SULNOMXþDN
åLþQL
313131121& SURJUDPDELODQ ±
±
±
1DSRQQDSDMDQMDPLQPDNV9
8NORSQDVWUXMDPDNVP$
.UDWNRVSRMQD]DãWLWD/('LQGLNDFLMDVWDQMDNRQWDNWD81DSDMDQMD/('88±
8±
8±
3DGQDSRQD]DWYRUHQRVWDQMH9QD,QD]LYQR
d
d
d
3UHNORSQDIUHNYHQFLMD+]
6HQ]RULRGQHKUÿDMXüHJþHOLND6Q 8QLYHU]DOQLVHQ]RUL]D$&LOL'&DSOLNDFLMH7åLþQL
3ULNOMXþDNSUHRåLþHQ3Y5P
åLþQL $&'&EH]NUDWNRVSRMQH 12
]DãWLWH
1&
±
±
±
±
±
±
1&
VSRUDYHU]LMD
±
±
±
EU]DYHU]LMD
±
±
±
1DSRQQDSDMDQMDPLQPDNV9+]
±
±
±
8NORSQDVWUXMDPDNVP$
±
±
±
/('LQGLNDFLMDVWDQMDL]OD]QRJNRQWDNWD81DSDMDQMD/('8
±
±
±
5H]LGXDOQDVWUXMDRWYRUHQRVWDQMHP$
±
±
±
3DGQDSRQD]DWYRUHQRVWDQMH9QD,QD]LYQR
±
±
±
±
±
3UHNORSQDIUHNYHQFLMD+]
±
1HRSKRGQRMHXJUDGLWLEU]LRVLJXUDþ$XVHULMXVDWHUHWRP
'RGDWQLSULERU
1RVDþL
=DUDYQHVHQ]RUH2EOLN(L&
1RVDþ]DFLOLQGULþQH
ƒ
UDYQL
VHQ]RUH
2EOLN(
2EOLN&
KRUL]
;6=%(
;6=%&
ƒ
;6=%(
;6=%&
0
;6=%
0 ;6=%
0
;6=%
0 ;6=%
0 ;6=%
0
;6=%
0 ;6=%
.RQWURODURWDFLMH
)LNVQDRVMHWQDGXOMLQD
]DGHWHNFLMXIHURPDJQHWVNLKL
QHIHURPDJQHWVNLKPDWHULMDOD
)RUP(
[
)RUP&
[
0
0
0
PP
PP
PP
PP
PP
XJUDGQMDXPHWDO
XJUDGQMDXPHWDO
3
3
0
0
0
VDPRXþHQMH
VDPRXþHQMH
±
±
«
«
,3
SUHRåLþHQ,3VDSULNOMXþNRP,3
[[
[[
0[
0[
0[
±
±
±
±
LLPSXOVDPLQ]D;6$9L;6$9VSRUDYHU]LMDLLPSXOVDPLQ]D;6$9L;6$9EU]DYHU]LMD
±
±
±
;60.30
±
±
±
±
±
±
±
;6$9
±
±
±
±
;6$9
±
±
±
±
±
±
±
±
±
±
±
±
;6(53%/0
;6&53%/0
±
±
±
±
±
±
±
±
±
±
±
±
±
.DEHOVD0SULNOM/ P
±
±
±
;60.30/'
;60.30'
88
88
8±
8±
d
d
d
d
±
±
±
;60.30
6HQ]RUVDGUåLNDEHO/ PVDSURJUDPDWRURPL0SULNOMXþNRP
±
±
±
±
±
;6(50%/8
;6&50%/8
±
±
±
±
±
;6$9
±
±
±
±
;6$9
±
±
±
±
"$
"$
±
±
88
88
8±
±
±
d
d
d
±
±
d
d
d
±
±
±
±
±
±
±
6HQ]RUVDGUUåLNDEHO/ PVDSURJUDPDWRURPVD81)SULNOMXþNRP
8WLþQLåHQVNLSULNOMXþFLXNOMXþXMXüLSUHRåLþHQHYHU]LMH
=DGRGDWQLSULERU]DXJUDGQMXYLGLVWUDQLFH
=DSURJUDPDWRUH;65
;6=%30
2VLSUR[
,QGXNWLYQLNDSDFLWLYQLVHQ]RUL
'HWHNFLMDQHYRGOMLYLKPHWDOD
XJUDGQMDXPHWDO
8JUDG
QMDL]YDQ
PHWDODO
8JUDGQMDX
PHWDOO
0
0
0
‘
1D]LYQDRVMHWQDGXOMLQD6Q
PP
PP
PP
PP
.RULVQDRVMHWQDGXOMLQDPP
«
«
«
«
8JUDGQMDXPHWDOL]YDQPHWDOD XJUDGQMDXPHWDO
.XüLãWH0PHWDOQR3SODVWLþQR
0
0
0
0
7HPSHUDWXUQLUDVSRQƒ&
«
«
«
«
,3
,3
,3
,3
3ULNOMXþDNSUHRåLþHQ39&P
'LPHQ]LMHPP‘[/LOLâ['[9
0[
0[
0[
±
åLþQL
;703$
;703$
;703$
±
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(&
6HQ]RUL]D'&DSOLNDFLMH$
313
12
1&
;703%
;703%
;703%
±
131
12
;701$
;701$
;701$
±
3ULNOMXþDNYLMþDQL
åLþQL
313
121&SUHNORSQL
±
±
±
±
131
121&SUHNORSQL
±
±
±
±
3ULNOMXþDN0SULNOMXþDN0]D;;
åLþQL
±
±
±
±
1DSRQQDSDMDQMDPLQPDNV9
313131
12
±
8NORSQDVWUXMDPDNVP$
±
.UDWNRVSRMQD]DãWLWH/('LQGLNDFLMDVWDQMDNRQWDNWD8
8
±
3DGQDSRQD]DWYRUHQRVWDQMH9QD,QD]LYQR
d
±
3UHNORSQDIUHNYHQFLMD+]
±
±
±
8OWUD]YXþQDIUHNYHQFLMDN+] 8QLYHU]DOQLVHQ]RUL]D$&LOL'&DSOLNDFLMH7åLþQL
3ULNOMXþDNSUHRåLþHQ39&P
'LPHQ]LMHPP‘[/LOLâ['[9
±
0[
0[
‘[
åLþQLDF 12
±
;70)$
;70)$
;7/)$
1&
±
;70)%
;70)%
;7/)%
3ULNOMXþDNYLMþDQL
åLþQLDF SURJUDPDELODQ12LOL1&
1DSRQQDSDMDQMHPLQPDNV9
8NORSQDVWUXMDPDNVP$
±
±
±
±
±
«
«
«
±
/('LQGLNDFLMDVWDQMDL]OD]QRJNRQWDNWD8
±
8
8
8
5H]LGXDOQDVWUXMDRWYRUHQRVWDQMHP$
±
d9
d9
d
3DGQDSRQD]DWYRUHQRVWDQMH9QD,QD]LYQR
±
d
d
d
3UHNORSQDIUHNYHQFLMD+]
±
'RGDWQLSULERU
8WLþQLåHQVNLSULNOMXþFLXNOMXþXMXüLSUHRåLþHQHYHU]LMH
8JUDGQMD
1RVDþ]DFLOLQGULþQHVHQ]RUH
0 ;6=%
0 ;6=%
GXOMLQDPEH]/('
SUHRåLþHQNXWQL
SUHRåLþHQUDYQL
YLMþDQL
0 ;6=%
0
;=&3/
;=&3/
;=&&)&06
‘ ;8=%
0
;=&3/
;=&3/
;=&&)&0%
2VLVRQLFXOWUDVRQLþQLVHQ]RUL
'HWHNFLMDQHYRGOMLYLKPDWHULMDOD
'HWHNFLMDVYLKPDWHULMDOD
XJUDGQMDL]YDQPHWDOD
[
0
0
‘
0
0
0
PP
PP
PP
PP
PP
PP
P
«
«
«
«
«
«
«
XJUDGQMDL]YDQPHWDOD
XJUDGQMDL]YDQPHWDOD
±
±
±
3
3
3
3
3
3
3
«
«
«
«
«
«
«
,3
,3
,3
,3
,3
,3
,3
[[
0[
0[
±
0[
0[
0[
±
;733$
;733$
±
±
±
±
±
±
±
±
±
±
±
±
;731$
;731$
±
±
±
±
;7&3&
±
±
±
±
±
±
;7&1&
±
±
±
±
±
±
±
±
±
±
;;$.$0
;;$.$0
;;$.$0
«
«
±
«
«
«
±
8
8
±
8
±
8
d
d
d
±
d
d
±
±
±
±
[[
0[
0[
‘[
(QNRGHUL
±
;73)$
;73)$
;7/)$
2SWRHOHNWURQLþNLLQNUHPHQWDOQL
±
±
;73)%
;7/)%
LQGLNDFLMDEURMDQMD
;7&)3
±
±
±
«
«
«
8
8
8
d
d9
d
d
d
d
2VRYLQD‘
‘
3ULNOMXþDN
SUHRåLþHQ39&P 0SULNOMXþDN
‘
5H]ROXFLMD ,]OD]
WRþDND
956 9
;&&355 ±
3XVK3XOO
9
;&&35.
±
WRþDND
3XVK3XOO 9
;&&35.
;&&36.
WRþDND
9569
;&&355 ;&&365
3XVK3XOO 9
;&&35.
;&&36.
WRþDND 9569
;&&355 ;&&365
;&&35.
;&&36.
WRþDND 9569
;&&355
;&&365
;&&35.
;&&36.
3XVK3XOO 9
3XVK3XOO 9
2VLVZLWFK
.UDMQMHVNORSNH
8QLYHUVDONRPSOHWQHVNORSNH
GLMHORYLYLGLVWUDQLFH
SROQLNRQWDNWL
1&12
VQDSDFWLRQ
%. BK.
WH
%8 BN
%
:+
%1
*
SROQLNRQWDNWL
1&12
SROLVNORS
;&.7
SROQLNRQWDNWL
1&12
GN-YE VQDSDFWLRQ
BU
BK
;&0'
0LQLMDWXUQLWLS;&0'PHWDOQLSUHRåLþHQXþYUãüHQMHWLMHODLOLJODYH
7LSJODYH
PHWDOQL
XWLVQLNOLS
þHOLþQL
XWLVQLNRWDþLü
SROXJDVDSODVWLþQLP SROXJDVDSODVWLþQLP 0JODYD
NRWDþLüHP
NRWDþLüHPYDULMDE PHWDOQL
GXOMLQH
XWLVQLNRWDþLü
0HKDQLþNDL]GUåOMLYRVWPLOLRQRSHUDFLMD
%U]LQDDNWLYLUDQMDLQPV
6NORSNHSUHPDVWDQGDUGX,(&VHNFLMD
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(&
,3L,3
5DGQDVYRMVWYD "$&%8H 9,H $$'&58H 9,H $
.DEHOVNDXYRGQLFD
3UHRåLþHQSRGHVLYVPMHUDNWLYLUDQMDGXOMLQD PRVWDOHGXOMLQHQDXSLW
8JUDGQMDUD]PDNPP
'LPHQ]LMHWLMHODPPâ['[9
[[
.RPSOHWQD
SROQD1&12VQDSDFWLRQ
VNORSND
SROQD1&12UDQLMLLVNORSSROLVNORS
3R]LWLYQRRWYDUDQMH
0[
;&0'/
;&0'/
;&0'/
;&0'/
;&0')/
;&0'/
;&0'/
;&0'/
;&0'/
;&0')/
RG
,62XY
1
SUHPD(
;&.3
SROQLNRQWDNWL
1&12
VQDSDFWLRQ
SROQLNRQWDNWL
1&12
SROLVNORS
.RPSDNWQLWLS;&.'PHWDOQLL;&.3SODVWLþQLSUHPDVWDQGDUGX(1
7LSJODYH
PHWDOQL
XWLVQLNOLS
þHOLþQL
XWVQLNRWDþLü
SROXJDVDSODVW
NRWDþLüHP
KRUL]RQWDOQRDNWLY
XVPMHUX
0JODYD
PHWDOQL
XWLVQLNOLS
0JODYD
þHOLþQL
XWLVQLNOLS
0HKDQLþNDL]GUåOMLYRVWPLOLRQLRSHUDFLMD
%U]LQDDNWLYLUDQMDLQPV
6NORSNHSUHPDVWDQGDUGX,(&VHNFLMD
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(&
,3L,3
5DGQDVYRMVWYD "$&$8H 9,H $$'&48H 9,H $
.DEHOVNDXYRGQLFD
RWYRU]D,620[XYRGQLFX
8JUDGQMDUD]PDNPP
'LPHQ]LMHWLMHODPPâ['[9
[[
0[
0[
0HWDOQHVNORSNH
.RPSOHWQH
SROQH1&12VQDSDFWLRQ
;&.'3
;&.'3
;&.'3
;&.'+3
;&.'+3
VNORSNH
SROQH1&12UDQLMLLVNORSSROLVNORS
;&.'3
;&.'3
;&.'3
;&.'+3
;&.'+3
;&.33
;&.33
;&.33
;&.3+3
;&.3+3
;&.33
;&.33
;&.33
;&.3+3
;&.3+3
3ODVWLþQHVNORSNH
.RPSOHWQH
SROQH1&12VQDSDFWLRQ
VNORSNH
SROQH1&12UDQLMLLVNORSSROLVNORS
3R]LWLYQRRWYDUDQMH
=DRWYRU]D3JXYRGQLFX]DPLMHQLWL3VD*
3ULPMHU;&.'3SRVWDMH;&.'*
RG
,62XY
1
SUHPD(
.RPSDNWQLWLS;&.7SODVWLþQLRWYRUD]DNDEHOH
0JODYD
þHOLþQL
XWLVQLNRWDþLü
³PDþML
EUN´
PHWDOQL
XWLVQLNOLS
þHOLþQL
XWLVQLNRWDþLü
SROXJDVD
SODVWLþQLPNRWDþLüHP
±
,3L,3
"$&$8H 9,H $$'&48H 9,H $
RWYRUD]D,620[XYRGQLFH
LOL
SROXJDVDSODVWLþQLP
³PDþML
NRWDþLüHP
EUN´
KRUL]RQWDOQRDNWLYLUDQMH
±
[[
;&0')/
;&0'/
;&.73
;&.73
;&.73
;&.73
;&.73
;&0')/
;&0'/
±
±
±
±
±
=DRWYRU]D3JXYRGQLFX]DPLMHQLWL3VD*3ULPMHU;&.73SRVWDMH;&.7*
RG
,62XY
1
SUHPD(
6DUXþQLPUHVHWRP;&35L;&'5
SROXJDVD
SODVWNRWDþLüHP
SROXJDVD
SODVWNRWDþLüHP
YDUGXOMLQH
SROXJDVD
NRWDþLüHP
‘PP
³PDþML
EUN´
PHWDOQLXWLVQL
NOLS
þHOLþQL
XWLVQLNRWDþLü
SROXJDVD
SODVWNRWDþLüHP
KRUL]DNWLYLUDQMH
XVPMHUX
SROXJDVD
SODVWNRWDþLüHP
YHUWDNWLYLUDQMH
XVPMHUX
SROXJDVD
SODVWLþQLP
NRWDþLüHP
±
,3L,3
"$&$8H 9,H $$'&48H 9,H $
RWYRU]D,620[XYRGQLFX
[[
;&.'3
;&.'3
;&.'3
;&.'3
;&.'3
;&.'3
;&.'3
;&.'3
;&.33
;&.33
;&.33
;&.33
;&353
;&353
;&353
;&353
;&353
;&.33
;&.33
;&.33
;&.33
;&353
;&353
;&353
;&353
;&353
=DRWYRU]D3JXYRGQLFX]DPLMHQLWL3VD*
3ULPMHU;&'53SRVWDMH;&'5*
;&'53
;&'53
;&'53
;&'53
;&'53
;&'53
;&'53
;&'53
;&'53
;&'53
2VLVZLWFK
.UDMQMQHVNORSNH
8QLYHUVDO
.RPSRQHQWH]DVDVWDYOMDQMHPLQLMDWXUQLKL
*ODYH]DMHGQLþND]DPLQLMDWXUQDLNRPSDNWQDWLMHOD
0HWDOQHJODYHVDXWLVQLPNOLSRYLPDLDNWLYLUDQMHPXYLãHVPMHURYD
PHWDOQLXWLVQL
NOLSVD]DãWLWQRP
NDSLFRP
PHWDOQL
XWLVQLNOLS
2SLV
5HIHUHQFD
=&(
þHOLþQLXWLVQL
NRWDþLü
=&(
L]YODþLYDSROXJDVD SROXJDVD
NRWDþLüHPLXWLVQLP SODVWLþQLP
NORSRP
NRWDþLüHP
KRUL]RQWDOQR
DNWLYLUDQMH
=&(
=&(
=&(
0HWDOQHJODYHVDNRWDþLüLPDLSROXJDPD
2SLV
SROXJDVD
SODVWLþQLP
NRWDþLüHP
PP=&0'
PP=&'37
QRVDþSROXJHVD
SRYUDWRP
EH]SROXJH
]DDNWLYLUDQMHVD
OLMHYDLOLGHVQD
SROXJDVD
þHOLþQLP
NRWDþLüHP
PP=&0'
PP=&'37
=&<
=&(
=&<
3UHSRUXþHQR]DWLMHOD=&'=&3=&7
5HIHUHQFD
SROXJDVD
SODVWLþQLP
NRWDþLüHP
PP=&0'
PP=&'37
SROXJDVD
þHOLþQLP
NRWDþLüHP
PP=&0'
PP=&'37
=&<
=&<
3UHSRUXþHQR]DWLMHOD=&0'
7LMHOD
%.
%.
%8
*
%
:+
%1
%
:+
%1
*
*
%
:+
5
:+
%1
%
:+
%1
%8
%8
%.
5'
%.
*
*
%
:+
5
:+
%1
%
:+
%1
*
%8
%8
%.
5'
%.
7LSNRQWDNWD
%8
0LQLMDWXUQD
SROQL1&12
6QDSDFWLRQ
SROQL1&1&12 SROQL1&12
6QDSDFWLRQ
3ROLVNORS
SROQL1&12
&2MHGQRSROQL
SROQL1&1&12 6QDSDFWLRQ
6QDSDFWLRQ
3ROLVNORS
0SLQSULNOMXþDN 0SLQSULNOMXþDN
5HIHUHQFDPHWDOQRJWLMHOD
=&0'
=&0'
=&0'
=&0'
=&0'&
=&0'0
5HIHUHQFDSODVWLþQRJWLMHOD
±
±
±
±
±
±
3ULNOMXþDN]DPLQLMDWXUQDWLMHOD
2SFLMDSUHRåLþHQ0SULNOMXþDN
3RVHEQRSUHRåLþHQH
NRPSRQHQWH
/ P
SLQ
]D=&0'
]D=&0'
]D=&0'
]D=&0'
/ P
=&0&/
=&0&/
=&0&/
=&0&/
/ P
=&0&/
=&0&/
=&0&/
=&0&/
/ P
=&0&/
=&0&/
=&0&/
=&0&/
3R]LWLYQRRWYDUDQMH
NRPSDWLELOQR
;=&3/
SLQ
;=&3/
NRPSDNWQLKVNORSNL
SROXJDVD
SODVWLþQLP
NRWDþLüHP =&()
SROXJDVD
SODVWLþQLP
NRWDþLüHP
PP=&0'
PP=&'37
=&<
=&(+
=&()
=&(+
=&(
=&<
=&<
=&<
RSUXJDVD
SODVWLþQLP
]DYUãHWNRP
³PDþMLEUN´
=&(
=&(
SROXJDSRGHVLYH
GXOMLQHVDNRWDþLüHP
‘PP
SROXJDVD
NRWDþLüHP
‘PP
PHWDOQD
SROXJDVD
RSUXJRP
WHUPRSODVWLþQD
SROXJDVD
SODVWLþQLPNRWDþLüHP ãLSND
‘PP
YDULMDELOQHGXOMLQH
/ PP
NHUDPLþND
SROXJDVD
SROXJD
þHOLþQLP
NRWDþLüHP
PP=&0'
PP=&'37
=&<
RSUXJD
0JODYD
þHOLþQLNOLS
VDNRWDþLüHP
0JODYD
þHOLþQLNOLS
VDNRWDþLüHP
0JODYD
PHWDOQL
NOLS
0JODYD
PHWDOQL
NOLS
=&(
=&<
=&<
=&<
5HIPHWDOQRWLMHOR =&'
5HISODVWLþQRWLMHOR =&3
SROQL1&12
6QDSDFWLRQ
7LSNRQWDNWD
.RPSDNWQD
SROQL1&1&12
6QDSDFWLRQ
SROQL1&12
3ROLVNORS
SROQL1&1&12
3ROLVNORS
SROQL1&126QDSDFWLRQ
SLQSULNOMXþDN
SLQSULNOMXþDN SROQL1&12 SROQL1&12
3ROLVNORS
6QDSDFWLRQ
=&'
=&'
=&'
=&'0
±
±
±
=&3
=&3
=&3
±
=&30
=&73
=&73
3ULNOMXþDN]DNRPSDNWQDWLMHOD
0RGXODUQLDGDSWHU
]DNDEHOVNH
XYRGQLFH
2SFLMDSUHRåLþHQ0SULNOMXþDN =&73JXYRGQLFD
]DPLMHQLWL3VD*
/ P
3ULPMHU
SLQ
SLQ
=&73SRVWDMH=&7*
]D3)*
2SLV
]D,620
]D,620
]D3J
]D3J
XYRGQLFX
=&'(3
XYRGQLFX
XYRGQLFX
XYRGQLFX
XYRGQLFX
XYRGQLFX
0HWDOQR
=&'(1
=&'()
=&3(3
=&'(*
=&3(*
=&'(*
3ODVWLþQR
=&'(3
=&3(3
=&3(*
=&3(1
=&3()
]D´137
;=&3/
;=&3/
=&7137YHU]LMH
]DPLMHQLWL3E\1
DGDSWRU
3ULPMHU
=&73SRVWDMH=&71
2VLVZLWFK
.UDMQMHVNORSNH
.ODVLþQH
SROQLNRQWDNW
1&12
VQDSDFWLRQ
;&.-;&.6;&.0
SROQLNRQWDNWW
1&1&12
VQDSDFWLRQ
SROQLNRQWDNW
1&12
SROLVNORS
7LS;&.-PHWDOQHXþYUãüHQMHWLMHORP
7LSJODYH
PHWDOQL
XWLVQLNOLS
þHOLþQL
XWLVQLNRWDþLü
SROXJDVD
SODVWLþQLPNRWDþLüHP
SROXJDVDSODVWLþQLP
NRWDþLüHP
YDULMDELOQHGXOMLQH
0HKDQLþNDL]GUåOMLYRVWPLOLRQLRSHUDFLMD
%U]LQDDNWLYLUDQMDLQPV
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(&
,3
5DGQDVYRMVWYD
"$&$8H 9,H $$'&48H 9,H $
.DEHOVNDXYRGQLFD
8JUDGQMDUD]PDNPP
[
'LPHQ]LMHWLMHODPPâ['[9
[[
.RPSOHWQHVNORSNHSROQH1&12VQDSDFWLRQ
SROQH1&12UDQLMLLVNORSSROLVNORS
7LMHOR
SROQH1&12VQDSDFWLRQ
SROQH1&12UDQLMLLVNORSSROLVNORS
SROQH1&1&12VQDSDFWLRQ
3ULSDGQDJODYD
3ROXJD]DJODYX ±
RWYRUVDSRNORSFHP]D3JXYRGQLFX
;&.-
;&.-
;&.-
;&.-
;&.-
;&.-
;&.-
=&.-
=&.-
=&.-
=&.-
;&.-
=&.-
=&.-
=&.-
=&.-
=&.-'
=&.(
=&.-'
=&.-'
=&.-'
=&.(
=&.(
=&.(
=&.<
±
=&.<
3R]LWLYQRRWYDUDQMH
[SROQLNRQWDNWL
1&1&SRYH]DQL
SROLVNORS
;&5
;&.05
[SROQL
NRQWDNWL
VQDSDFWLRQ
[SROQL
NRQWDNWL
SROLVNORS
7LS;&.0PHWDOQHNDEHOVNHXYRGQLFH
7LSJODYH
PHWDOQL
XWLVQLNOLS
þHOLþQL
XWLVQLNRWDþLü
SROXJDVDNRWDþLüHP
KRUL]RQWDOQRDNWLYLUDQMH
XVPMHUX
0HKDQLþNDL]GUåOMLYRVWPLOLRQLRSHUDFLMD
%U]LQDDNWLYLUDQMDXPV
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(&
,3
5DGQDVYRMVWYD
"$&$8H 9,H $$'&48H 9,H $
.DEHOVNDXYRGQLFD
8JUDGQMDFHQWUHVPP
'LPHQ]LMHWLMHODPPâ['[9
[[
;&.0
.RPSOHWQDVNORSNDSROQD1&12VQDSDFWLRQ
SROQD1&12UDQLMLLVNORSSROLVNORS
SROXJDVDSODVWLþQLP
NRWDþLüHP
RWYRUD]D3JXYRGQLFXRWYRUDVDSRNORSFHP
;&.0
;&.0
;&.0
=&.0
;&.0
;&.0
=&.0
=&.0
=&.0
=&.0
=&.0'
=&.0'
=&.'
=&.'
7LMHOR
SROQD1&12VQDSDFWLRQ
SROQD1&12UDQLMLLVNORSSROLVNORS
SROQD1&1&12VQDSDFWLRQ
=&.0
=&.0'
3ULSDGQDJODYD
=&.'
;&.0
;&.0
=&.0
=&.0
=&.0'
=&.'
.RPSOHWQDVNORSNDVDSROQLPVQDSDFWLRQNRQWDNWLPD
[1&12NRQWDNWDDNWLYLUDQLXVYLPVPMHURYLPD ±
±
±
[1&12NRQWDNWDDNWLYLUDQLXVYLPVPMHURYLPD ±
±
±
±
±
.RPSOHWQDVNORSND[MHGQRSROQD&2VQDSDFWLRQNRQWDNWD
±
±
±
±
±
±
±
±
[SROQD1&1&SRYH]DQDSROLVNORS
3R]LWLYQRRWYDUDQMH
=DVNORSNHVDRWYRULPD]D,620[XYRGQLFHGRGDWL+QDNUDMXUHIHUHQFH
7LS;&.6SODVWLþQHGYRVWUXNRL]ROLUDQH
SROXJDVDSODVWLþQRP
‘PPãLSNRP
/ PP
PHWDOQL
XWLVQLNOLS
þHOLþQL
XWLVQLNRWDþLü
SROXJDVD
SODVWLþQLPNRWDþLüHP
SROXJDVDSODVWLþQLP
NRWDþLüHP
YDULMDELOQHGXOMLQH
SROXJDVD
SODVWLþQLPNRWDþLüHP
‘PP
SROXJDVDSODVWLþQRP
‘PPãLSNRP
/ PP
,3
"$&$8H 9,H $$'&48H 9,H $
RWYRUVDSRNORSFHP]D3JXYRGQLFX
[
;&.-
[[
;&.6
;&.6
;&.6
;&.6
;&.6
;&.6
;&.-
=&.-
;&.6
=&.6
;&.6
=&.6
;&.6
=&.6
;&.6
=&.6
;&.6
=&.6
;&.6
=&.-
=&.6
=&.6
=&.-'
=&.(
=&.6'
=&.'
=&.6'
=&.'
=&.6
=&.6'
=&.'
=&.'
=&.'
=&.6
=&.6'
=&.'
=&.<
=&.<
=&.<
=&.<
6NORSNH]DQDG]RUWUDQVSRUWQRJVXVWDYD
JDOYDQL]LUDQD
DQWLNRUR]LYQD
þHOLþQDSROXJD
þHOLþQDSROXJD
±
=&.6
=&.6'
=&.6
=&.6'
=&.6
=&.<
±
7LS;&.05L;&5³DSOLNDFLMHGLD]DOLFHWUDQVSRUWQLVXVWDYL´
³PDþML
EUN´
SROXJDVDãLSNRP
PP³NULåQD´
SROXJDVDãLSNRP
PP
SROXJDVDNRWDþLüHP
‘PP
SROXJDVDãLSNRP
PP³NULåQD´
LOL³7´
±
,3
,3
"$&$8H 9,H $$'&48H 9,H $
,620[XYRG
RWYRUVDSRNORSFHP]DQƒXYRGQLFX]D,620[DGDSWRU'(5$QDUXþLWLSRVHEQR
[
[[
[[
[[
;&.0+
±
±
±
±
±
±
±
±
±
±
±
±
±
=&.0+
±
±
±
±
±
±
=&.0+
±
±
±
±
±
±
=&.0'+
±
±
±
±
±
±
±
±
±
±
±
±
=&.'
;&5$
;&5%
±
±
±
±
±
±
±
;&.05'+
±
ýHOLþQDãLSND/ PP
[
;&5$
±
;&5(
±
±
;&5)
±
±
;&57
;&57
±
±
±
±
ýHOLþQD³7´ãLSND/ PPâ PP 3ROLHVWHUVNRNXüLãWH
1DXWLOXV
7ODþQHVNORSNH
(OHNWURQLþNHWODþQHVNORSNH;0/)
3RGHãHQMH
EDU
GRQMLSUDJ3%YDNXXPVNORSNH
JRUQMLSUDJ3+WODþQHVNORSNH
7HPSHUDWXUDRNROLQHƒ& «
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(& ,3
1DSRQQDSDMDQMD9
«
«
«
$$«
'LPHQ]LMHPP9[â['
[[
0HKDQLþNLSULNOMXþDN
´%63åHQVNL
(OHNWULþQLSULNOMXþDN
0SULNOMXþDN
3RGHãDYDQMHVDGLJLWDOQLPSULND]RP0SULNOMXþDN
8QLYHU]DOQLVHQ]RUL
WUDQ]LVWRUVNLL]OD]P$ P$
;0/)0'
;0/)'
;0/)'
;0/)'
;0/)'
9
;0/)0'
;0/)'
;0/)'
;0/)'
;0/)'
'HWHNFLMDGYLMHUD]LQHWUDQL]OD]P$
;0/)0'
;0/)'
;0/)'
;0/)'
;0/)'
$QDORJQLL]OD]
P$
;0/)0'
;0/)'
;0/)'
;0/)'
9
;0/)0'
;0/)'
;0/)'
;0/)'
;0/)'
'LIHUHQLMDOQLWODNEDU
0LQQDGRQMHPSUDJX
0LQQDJRUQMHPSUDJX 0DNVQDJRUQMHPSUDJX
3RGHãHQMH
EDU
JRUQMLSUDJ3+WODþQHVNORSNH
7HPSHUDWXUDRNROQLQHƒ&
«
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(& ,3
1DSRQQDSDMDQMD9
;0/)'
«
$$«
'LPHQ]LMHPP9[â['
[[
0HKDQLþNLSULNOMXþDN
´%63åHQVNL
(OHNWULþQLSULNOMXþDN
0SULNOMXþDN
3RGHãDYDQMHVDGLJLWDOQLPSULND]RP0SULNOMXþDN
8QLYHU]DOQLVHQ]RUL
P$
;0/)'
;0/)'
;0/)'
;0/)'
;0/)'
WUDQ]LVWRUVNLL]OD]P$ 9
;0/)'
;0/)'
;0/)'
;0/)'
;0/)'
'HWHNFLMDGYLMHUD]LQHWUDQ]L]OD]P$
;0/)'
;0/)'
;0/)'
;0/)'
;0/)'
$QDORJQLL]OD]
P$
;0/)'
;0/)'
;0/)'
;0/)'
;0/)'
9
;0/)'
;0/)'
;0/)'
;0/)'
;0/)'
'LIHUHQFLMDOQLWODNEDU
0LQQDGRQMHPSUDJX
0LQQDJRUQMHPSUDJX 0DNVQDJRUQMHPSUDJX 7LSRYLÀXLGDKLGUDXOLþNDXOMD]UDNVYMHåDYRGDPRUVNDYRGDNRUR]LYQLÀXLGLRG«ƒ&
2VWDOLWLSRYLSULNOMXþNDQDXSLW
'RVWXSQDLX$&9YHU]LMLVD$UHOHMQLPL]OD]LPD
=D0SULNOMXþNHYLGLSUHWKRGQXVWUDQLFX
1DXWLOXV
7ODþQHVNORSNH
(OHNWURPHKDQLþNHWODþQHLYDNXXPVNHVNORSNH
;0/$L%
&2
MHGQRSROQL
NRQWDNW
VQDSDFWLRQ
9HOLþLQDEDU
5DGQDRNROLQD
7HPSHUDWXUDRNROLQHƒ&«6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(&,3
5DGQDVYRMVWYD
"$&%8H 9,H $8H 9,H $$'&58H 9,H $
0HKQDQLþNLSULNOMXþDN
´%63åHQVNLRVWDOLSULNOMXþFLQDXSLW
(OHNWULþQLSULNOMXþDN
9LMþDQLSULNOMXþDNRWYRUVDSRNORSFHP]DQƒ',13JXYRGQLFX=D,620[RWYRU
7LS;0/$¿NVQDGLIHUHQFLMDOQDVNORSNDGHWHNFLMDMHGQRJSUDJD
3RGUXþMHSRGHãHQMDEDUJRUQMHJSUDJD3+
±«±
±
«
«
'LPHQ]LMHPP9[â[' [[
[[
[[
[[
;0/$096
±
;0/$56
;0/$$6
6DSULND]RPSRGHãHQMDYLMþDQLSULNOMXþDN
&2MHGQRSROQDVQDSDFWLRQ
%H]SULND]DSRGHãHQMDYLMþDQLSULNOMXþDN
&2MHGQRSROQDVQDSDFWLRQ
;0/$096
±
;0/$56
;0/$$6
3ULURGQLGLIHUHQFLMDOQLWODNEDU
QDGRQMHPSRGHãHQMX
±
±
RGX]HWLRGJRUQMHJSUDJD3+]DGRQML3%QDJRUQMHPSRGHãHQMX
7LS;0/%SRGHVLYDGLIHUHQFLMDOQDVNORSNDUHJXODFLMDL]PHÿXSUDJD
3RGUXþMHSRGHãHQMDEDUJRUQMHJSUDJD3+
±±
±
6DSULND]RPSRGHãHQMDYLMþDQLSULNOMXþDN
&2MHGQRSROQDVQDSDFWLRQ
;0/%096
;0/%0$6
;0/%56
;0/%$6
0RJXüLGLIHUHQFLMDOQLWODNEDU
0LQQDGRQMHPSRGHãHQMX
RGX]HWLRGJRUQMHJSUDJD3+]DGRQML3%0LQQDJRUQMHPSRGHãHQMX 0DNVQDJRUQMHPSRGHãHQMX ;0/&
;0/&L'
&2MHGQRSROQD
NRQWDNWD
VLPXOWDQHRXV
VQDSDFWLRQ
;0/'
&2MHGQRSROQD
NRQWDNWD
VQDSDFWLRQ
SRUD]LQL
7LS;0/&SRGHVLYDGLIHUHQFLMDOQDVNORSNDUHJXODFLMDL]PHÿXSUDJD
3RGUXþMXSRGHãHQMDEDUJRUQMHJSUDJD3+
±±
±
'LPHQ]LMHPP9[â[' [[
[[
[[
[[
6DSULND]RPSRGHãHQMDYLMþDQLSULNOMXþDN
&2LVWRYUHPHQDVQDSDFWLRQNRQWDNWD ;0/&096
;0/&0$6
;0/&56
;0/&%6
0RJXüLGLIHUHQFLMDOQLWODNEDU
RGX]HWLRGJRUQMHJSUDJD3+]DGRQML3%0LQQDJRUQMHPSRGHãHQMX 0LQQDGRQMHPSRGHãHQMX
0DNVQDJRUQMHPSRGHãHQMX 7LS;0/'¿NVQDGLIHUHQFLMDOQDVNORSNDGYLMHUD]LQHGHWHNFLMH]DGHWHNFLMXREDSUDJDXREMHUD]LQH
3RGUXþMHSRGHãHQMD
SUDJGUXJHUD]LQH3%
±±
±
EDU
SUDJSUYHUD]LQH3%
±±
±
UD]PDNL]PHÿXUD]LQD3%±3%
±±
±
%H]SULND]DSRGHãHQMDYLMþDQLSULNOMXþDN
&2MHGRSROQDVQDSDFWLRQNRQWDNWDNRQWDNWSRUD]LQL
;0/'096
±
;0/'56
;0/'%6
0RJXüLGLIHUHQFLMDOQLWODNEDU
QDGRQMHPSRGHãHQMX
±
RGX]HWLRG3+]D3%
QDJRUQMHPSRGHãHQMX
±
SUHPDVWDQGDUGX,(&'RGDWDN$(1
]DPLMHQLWL]DGQMLEURMVDSULPMHU;0/$$6SRVWDMH;0/$$6
«
«
«
«
«
«
«
«
[[
[[
[[
[[
[[
[[
[[
[[
;0/$$6
;0/$$6
;0/$$6
;0/$$6
;0/$'6
;0/$'6
;0/$'6
;0/$'6
;0/$$6
;0/$$6
;0/$$6
;0/$$6
;0/$'6
;0/$'6
;0/$'6
;0/$'6
;0/%$6
;0/%$6
;0/%$6
;0/%$6
;0/%'6
;0/%'6
;0/%'6
;0/%'6
7LSÀXLGDKLGUDXOLþNRXOMH]UDNYRGDPRUVNDYRGDNRUR]LYQLÀXLGLdEDUGRƒ&GRGREDUGRƒ&
=D',1$SULNOMXþDN,3]DPLMHQLWL³6´XUHIHUHQFLVD³&´3ULPMHU;0/%$6SRVWDMH;0/%$&
=DYDNXXPVNXVNORSNXSULURGQLGLIHUHQFLMDOQLWODNVHGRGDMH3%]DSURUDþXQ3+
=DYDNXXPVNXVNORSNXPRJXüLGLIHUHQFLMDOQLWODNVHGRGDMH3%]DSURUDþXQ3+
3RGUXþMHSRGHãHQMDEDUGRQMHJSUDJD3%YDNXXPVNHVNORSNH
[[
[[
[[
[[
[[
[[
[[
[[
;0/&%6
;0/&%6
;0/&%6
;0/&%6
;0/&'6
;0/&'6
;0/&'6
;0/&'6
;0/'%6
;0/'%6
;0/'%6
;0/'%6
;0/''6
;0/''6
;0/''6
;0/''6
1DXWLOXV
7ODþQHVNORSNH
(OHNWURPHKDQLþNHVNORSNH;0;;0$
&2
MHGQRSROQL
NRQWDNW
VQDSDFWLRQ
3RGUXþMHSRGHãHQMDJRUQMHJSUDJD3+EDU
«
5DGQDWHPSHUDWXUDRNROLQHƒ&
GR
«
«
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(& ,3
5DGQDVYRMVWYD
"$&%8H 9,H $8H 9,H $$'&58H 9,H $
'LPHQ]LMHPP9[â['
[[
0HKDQLþNLSULNOMXþDN
´%63åHQVNL
(OHNWULþQLSULNOMXþDN
9LMþDQLSULNOMXþDNRWYRUDVDSRNORSFHP]DQƒ',13JXYRGQLFX
[[
7LS;0;$VDLQWHUQLPSRWHQFLRPHWURP]DSRGHãDYDQMH
%H]SULND]DSRGHãDYDQMDYLMþDQLSULNOMXþFL
;0;$/
RGX]HWLRG3+]DSURUDþXQ3%
0LQJRUQMHPSUDJX
0DNVQDJRUQMHPSUDJX «
«
;0;$/
0LQQDGRQMHPSUDJX
0RJXüLGLIHUHQFLMDOQLWODNEDU
&2MHGQRSROQLNRQWDNWVQDSDFWLRQ
;0;$/
&2
MHGQRSROQL
NRQWDNW
VQDSDFWLRQ
3RGUXþMHSRGHãHQMDJRUQMHJSUDJD3+EDU
«
5DGQDWHPSHUDWXUDRNROLQHƒ&
GR
6WXSDQM]DãWLWHSUHPDVWDQGDUGX,(& ,3
5DGQDVYRMVWYD
"$&%8H 9,H $8H 9,H $$'&58H 9,H $
'LPHQ]LMHPP9[â['
[[
0HKDQLþNLSULNOMXþDN
´%63åHQVNL
(OHNWULþQLSULNOMXþDN
9LMþDQLSULNOMXþDNRWYRUDVDSRNORSFHP]DQƒ',13JXYRGQLFX
[[
7LS;0$VDYDQMVNLPSRWHQFLRPHWURP]DSRGHãDYDQMHSUR]LUDQSRNORSDF
%H]SULND]DSRGHãDYDQMDYLMþDQLSULNOMXþDN
&2MHGQRSROQLNRQWDNWVQDSDFWLRQ
;0$9/
;0$9/
;0$9/
0RJXüLGLIHUHQFLMDOQLWODNEDU
0LQQDGRQMHPSUDJX
RGX]HWLRG3+]DSURUDþXQ3%
0LQJRUQMHPSUDJX
0DNVQDJRUQMHPSUDJX 7LSÀXLGDYRGDVODWNDLPRUVND]UDNRGGRƒ&
)
&)(
#4*D6. :34783.
&%
'$.% &. (%&%
+ (% %)* "(* "#!&
+ )&!) +'/) "* 9857*
487<*4<* ;7*9 *,<287
) +-
&% "). "- ,
,
,
,
,
,
#&)"
%7-* :4*;3* 1 579:3* 7- @ 5.4<:2E72 9:2453=E*4
%12D*61 891342<D*3 7;=79* ?* <=7-61,<
!*-6* ;.58.9*;<9* 737416.
)* 9*- %23E*72 9:2453=E*4 8<>8:* @* =>8-72,= ;* 984589,.6
?* 6 0 <=7-61,<
!*-7. 4*:*4<.:2;<24.
)* ;45*-2C<.73. . $. % +* (
)
%
'
%
98572 3.-78/*@72
4&
4&
98572 /*@72
4&
4&
98572 3.-78/*@72
4&
4&
98572 /*@72
4&
4&
26.7@23. 66 % ? B ? .1*72E42 9:2453=E*4
? ? ? ? ? ? ? ? " D.7;42
"
(
(
"
(
(
! " 6=C42
"
(
(
"
" D.7;42 ;* 6*<2,86
7* -873.6 9:*0=
627 6*? 627 6*? 627 6*?
8-=@.<2 8- 08:73.6 9:*0* 7* ;:.-272
627 6*? 627 6*? 627 6*? 627 6*? 627 6*? 627 6*?
@* -8732 9:*0 7* 08:73.6 9:*0=
627 6*? 627 6*? 627 6*? 627 6*? 627 6*? 627 6*?
#!& &% 627 6*? 627 6*? 627 6*?
9857*
9857*
487<*4<* ;7*9 *,<287 487<*4<* ;7*9 *,<287
&% 8-:=E3. 98-.C.73* 08:73.0 9:*0* +*:
#&)"
% *" ;5*<4* 2 68:;4* 8- !*-7* <.69.:*<=:* 848527.
)* :*- )* ;45*-2C<.73. ;*
+.@
+.@
.4869:.;23;42 >.7<25 <294* $453=E.78;453=E.78
.1*72E42 9:2453=E*4
;*
+.@
" D.7;42 ? " D.7;42 " D.7;42 ? " D.7;42 " /.6*5.
%23E*72 9:2453=E*4 8<>8:* ;* 984589,.6 @* 7 0 =>8-72,=
5.4<:2E72 9:2453=E*4
"<=9*73 @*C<2<.
*@2>72 2@85*,23;42 7*987
$2 %
&%
.
"7*0*
4&
(
% /*@72 ,245=;*
% /*@72 ,245=;*
4&
% /*@72 ,245=;*
4&
% /*@72 ,245=;*
26.7@23. 66 % ? B ? ? ? ? ? ? ? ? ? ? ? #29 487<*4<*
' ' ' ' ' ' ' ' ' ' 98572 ;7*9 *,<287
98572 ;7*9 *,<287
7* -873.6 9:*0=
#!& &% 8-=@.<2 8- 08:73.6 9:*0* 7* ;:.-272
@* -8732 9:*0 7* 08:73.6 9:*0=
3UHYHQWD
6LJXUQRVQLNRQWUROHUL]DQDG]RU
QXåQRJLVNORSDLNUDMQMLKVNORSNL
$XWRPDWL]DFLMD
VDO
8QLYHU
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
%URMNUXJRYD
6LJXUQRVQL
[12WUDQ]
[12SRIXQNFLML
'RGDWQL
±
WUDQ]LVWRUVND
3ULND]EURM/('D
âLULQDNXüLãWD
PP
PP
8QLYHU]DOQRUMHãHQMHVLJXUQRVQLNRQWUROHUL]DLVWRYUHPHQLQDG]RUYLãHVLJXUQRVQLKIXQNFLMDLVWRYUHPHQR
1DSRQQDSDMDQMD
;360&;
9'&
;36033
,]YHGEDVDXOD]D]DL]YHGEXVDXOD]D]DPLMHQLWLXUHIHUHQFLVDSULPMHU;360&;SRVWDMH;360&;
;360&:,1NRQ¿JXUDFLMVNLSURJUDPNRQ¿JXUDFLMVNLNDEHODGDSWHULVHWSULNOMXþDNDVDYLMFLPD;360&76L;360&76LOLVHWSULNOMXþDNDVDRSUXJDPD;360&7&L;36
0&7&QDUXþXMXVHSRVHEQR
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36033SRVWDMH;3603
NRGLUDQLKPDJQHWVNLKVNORSNL
VDO
8QLYHU
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
=DQDG]RU
PDJQHWVNHVNORSNHLVNORSNH]DDNWLYLUDQMH
%URMNUXJRYD
6LJXUQRVQL
[12WUDQ]
[12SRIXQNFLML
'RGDWQL
±
WUDQ]LVWRUVND
3ULND]EURM/('D
âLULQDNXüLãWD
PP
PP
8QLYHU]DOQRUMHãHQMHVLJXUQRVQLNRQWUROHUL]DLVWRYUHPHQLQDG]RUYLãHVLJXUQRVQLKIXQNFLMDLVWRYUHPHQR
1DSRQQDSDMDQMD
;360&;
9'&
;36033
,]YHGEDVDXOD]D]DL]YHGEXVDXOD]D]DPLMHQLWLXUHIHUHQFLVDSULPMHU;360&;SRVWDMH;360&;
;360&:,1NRQ¿JXUDFLMVNLSURJUDPNRQ¿JXUDFLMVNLNDEHODGDSWHULVHWSULNOMXþDNDVDYLMFLPD;360&76L;360&76LOLVHWSULNOMXþDNDVDRSUXJDPD;360&7&L;36
0&7&QDUXþXMXVHSRVHEQR
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36033SRVWDMH;3603
VLJXUQRVQLKSRGORJD
VDO
8QLYHU
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
%URMNUXJRYD
6LJXUQRVQL
[12WUDQ]
[12SRIXQNFLML
'RGDWQL
±
WUDQ]LVWRUVNL
3ULND]EURM/('D
âLULQDNXüLãWD
PP
PP
8QLYHU]DOQRUMHãHQMHVLJXUQRVQLNRQWUROHUL]DLVWRYUHPHQLQDG]RUYLãHVLJXUQRVQLKIXQNFLMDLVWRYUHPHQR
1DSRQQDSDMDQMD
9'&
;360&;
;36033
,]YHGEDVDXOD]D]DL]YHGEXVDXOD]D]DPLMHQLWLXUHIHUHQFLVDSULPMHU;360&;SRVWDMH;360&;
;360&:,1NRQ¿JXUDFLMVNLSURJUDPNRQ¿JXUDFLMVNLNDEHODGDSWHULVHWSULNOMXþDNDVDYLMFLPD;360&76L;360&76LOLVHWSULNOMXþDNDVDRSUXJDPD;360&7&L
;360&7&QDUXþXMXVHSRVHEQR
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36033SRVWDMH;3603
6LJXUQRVQLPRGXOL]DQDG]RU
QXåQRJLVNORSDLNUDMQMLKVNORSND
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD NDWHJRULMD
%URMNUXJRYD
6LJXUQRVQL
12
12
12
12
'RGDWQL
WUDQ]LVWRUVNL
±
1&WUDQ]
1&WUDQ]
WUDQ]
WUDQ]
3ULND]EURM/('D
âLULQDNXüLãWD
PP
PP
PP
PP
PP
PP
±
;36$93 ±
1212VNDãQM 1212VNDãQM
2SWLPDOQRUMHãHQMHVLJXUQRVQLPRGXO]DQDG]RUVLJXUQRVQHIXQNFLMH
1DSRQQDSDMDQMD
9'&
±
9$&'&
;36$&3 ;36$)3 ;36$.3 ;36$53 ±
±
;36$7(3
9$&
±
;36$7(3
±
±
±
±
±
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36$93SRVWDMH;36$9
NRGLUDQLKPDJQHWVNLKVNORSNL
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
=DQDG]RU
NRGLUDQHPDJQHWVNH
NRGLUDQLKPDJQHWVNLK
VNORSNHPDNVLPDOQR
VNORSNHPDNVLPDOQR
%URMNUXJRYD
6LJXUQRVQL
12
12
12
'RGDWQL
WUDQ]LVWRUVNL
WUDQ]LVWRUVNL
WUDQ]LVWRUVNL
3ULND]EURM/('D
âLULQDNXüLãWD
PP
PP
PP
VNORSNH]DDNWLYLUDQMH
2SWLPDOQRUMHãHQMHVLJXUQRVQLPRGXO]DQDG]RUVLJXUQRVQHIXQNFLMH
1DSRQQDSDMDQMD
9'&
;36'0%3
;36'0(3
;369&3
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36'0%3SRVWDMH;36'0%
VLJXUQRVQLKSRGORJD
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
%URMNUXJRYD
6LJXUQRVQL
12
'RGDWQL
1&WUDQ]LVWRUVNL
3ULND]EURM/('D
âLULQDNXüLãWD
PP
2SWLPDOQRUMHãHQMHVLJXUQRVQLPRGXO]DQDG]RUVLJXUQRVQHIXQNFLMH
1DSRQQDSDMDQMD
9$&'&
;36$.3
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36$.3SRVWDMH;36$.
3UHYHQWD
6LJXUQRVQLNRQWUROHUL]DQDG]RU
GYRUXþQRJXSUDYOMDQMD
$XWRPDWL]DFLMD
VDO
8QLYHU
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
%URMNUXJRYD
6LJXUQRVQL
[12WUDQ]LVWRUVNL
'RGDWQL
±
3ULND]EURM/('D
âLULQDNXüLãWD
PP
8QLYHU]DOQRUMHãHQMHVLJXUQRVQLNRQWUROHUL]DLVWRYUHPHQLQDG]RUYLãHVLJXUQRVQLKIXQNFLMDLVWRYUHPHQR
;360&;
9'&
1DSRQQDSDMDQMD
,]YHGEDVDXOD]D]DL]YHGEXVDXOD]D]DPLMHQLWLXUHIHUHQFLVDSULPMHU;360&;SRVWDMH;360&;
;360&:,1NRQ¿JXUDFLMVNLSURJUDPNRQ¿JXUDFLMVNLNDEHODGDSWHULVHWSULNOMXþDNDVDYLMFLPD;360&76L;360&76LOLVHWSULNOMXþDNDVDRSUXJDPD;360&7&L;36
0&7&QDUXþXMXVHSRVHEQR
VYMHWORVQLK]DYMHVD
VDO
8QLYHU
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
%URMNUXJRYD
6LJXUQRVQL
[12WUDQ]LVWRUVNL
[12SRIXQNFLML
313WUDQ]LVWRUVNL
'RGDWQL
±
WUDQ]LVWRUVNL
313131
3ULND]EURM/('D
SDQHO]DSULND]
âLULQDNXüLãWD
PP
PP
PP
,QWHJUDO0XWLQJIXQNFLMH
'D
1H
'D
VYMHWORVQH]DYMHVHPDNV
8QLYHU]DOQRUMHãHQMHVLJXUQRVQLNRQWUROHUL]DLVWRYUHPHQLQDG]RUYLãHVLJXUQRVQLKIXQNFLMDLVWRYUHPHQR
1DSRQQDSDMDQMD
;360&;
9'&
;36033
;36/&0
,]YHGEDVDXOD]D]DL]YHGEXVDXOD]D]DPLMHQLWLXUHIHUHQFLVDSULPMHU;360&;SRVWDMH;360&;
;360&:,1NRQ¿JXUDFLMVNLSURJUDPNRQ¿JXUDFLMVNLNDEHODGDSWHULVHWSULNOMXþDNDVDYLMFLPD;360&76L;360&76LOLVHWSULNOMXþDNDVDRSUXJDPD;360&7&L
;360&7&QDUXþXMXVHSRVHEQR
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36033SRVWDMH;3603
2GYRMLYSULNOMXþQLEORN
]DXVWDYOMDQMDPRWRUDLYUHPNDãQMHQMD
VDO
8QLYHU
NDWHJRULMD
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
=DQDG]RU
]DXVWDYOMDQMDPRWRUD
%URMNUXJRYD
6LJXUQRVQL
[12WUDQ]LVWRUVNL
'RGDWQL
±
3ULND]EURM/('D
âLULQDNXüLãWD
PP
8QLYHU]DOQRUMHãHQMHVLJXUQRVQLNRQWUROHUL]DLVWRYUHPHQLQDG]RUYLãHVLJXUQRVQLKIXQNFLMDLVWRYUHPHQR
1DSRQQDSDMDQMD
9'&
;360&;
,]YHGEHVDPRVDRGYRMLYLPSULNOMXþNRP
;360&:,1NRQ¿JXUDFLMVNLSURJUDPNRQ¿JXUDFLMVNLNDEHODGDSWHULVHWSULNOMXþDNDVDYLMFLPD;360&76L;360&76LOLVHWSULNOMXþDNDVDRSUXJDPD;360&7&L
;360&7&QDUXþXMXVHSRVHEQR
6LJXUQRVQLPRGXOL]DQDG]RU
GYRUXþQRJXSUDYOMDQMD
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
WLS,,,$SUHPD(1
NDWHJRULMD
WLS,,,&SUHPD(1
%URMNUXJRYD
6LJXUQRVQL
12
12
12
'RGDWQL
1&
1&
WUDQ]LVWRUVNL
3ULND]EURM/('D
âLULQDNXüLãWD
PP
PP
PP
2SWLPDOQRUMHãHQMHVLJXUQRVQLPRGXO]DQDG]RUVLJXUQRVQHIXQNFLMH
1DSRQQDSDMDQMD
9'&
±
;36%&
;36%)3
9$&'&
;36%$
±
±
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36%)3SRVWDMH;36%)
VYMHWORVQLK]DYMHVD
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
NDWHJRULMD
%URMNUXJRYD
6LJXUQRVQL
12
12
12
12
12
'RGDWQL
WUDQ]
±
1&WUDQ]
1&WUDQ]
WUDQ]LVWRUVNL
3ULND]EURM/('D
âLULQDNXüLãWD
PP
PP
PP
PP
PP
âLULQDNXüLãWD
'D
1H
1H
1H
'D
±
±
;36/05
2SWLPDOQRUMHãHQMHVLJXUQRVQLPRGXO]DQDG]RUVLJXUQRVQHIXQNFLMH
1DSRQQDSDMDQMD
9'&
;36&03
±
9$&'&
±
;36$)/3 ;36$.3 ;36$53 ±
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36&03SRVWDMH;36&0
=DL]YHGEXVDWUDQ]LVWRUVNDL]OD]DXPMHVWR12;36/06
,]YHGEHVDPRVDRGYRMLYLPSULNOMXþNRP
]DXVWDYOMDQMDPRWRUDYUHPNDãQMHQMDLOLIWRYD
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
NDWHJRULMD
=DQDG]RU
]DXVWDYOMDQMDPRWRUD
VLJXUQRVQRYUHPNDãQMHQMH
%URMNUXJRYD
6LJXUQRVQL
121&
12YUHPNDãQMHQMH
12LPSXVQL
12
'RGDWQL
WUDQ]
1&WUDQ]
1&WUDQ]
WUDQ]
/LIWRYL
3ULND]EURM/('D
âLULQDNXüLãWD
PP
PP
PP
PP
2SWLPDOQRUMHãHQMHVLJXUQRVQLPRGXO]DQDG]RUVLJXUQRVQHIXQNFLMH
1DSRQQDSDMDQMD
9'&
;3691
±
±
±
9$&'&
±
;3676$3
;3676:3
;36'$
,]YHGEHVDPRVDRGYRMLYLPSULNOMXþNRP
3UHYHQWD
6LJXUQRVQLNRQWUROHUL]DQDG]RU
GYRUXþQRJXSUDYOMDQMD
$XWRPDWL]DFLMD
VDO
8QLYHU
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
%URMNUXJRYD
6LJXUQRVQL
[12WUDQ]LVWRUVNL
'RGDWQL
±
3ULND]EURM/('D
âLULQDNXüLãWD
PP
8QLYHU]DOQRUMHãHQMHVLJXUQRVQLNRQWUROHUL]DLVWRYUHPHQLQDG]RUYLãHVLJXUQRVQLKIXQNFLMDLVWRYUHPHQR
;360&;
9'&
1DSRQQDSDMDQMD
,]YHGEDVDXOD]D]DL]YHGEXVDXOD]D]DPLMHQLWLXUHIHUHQFLVDSULPMHU;360&;SRVWDMH;360&;
;360&:,1NRQ¿JXUDFLMVNLSURJUDPNRQ¿JXUDFLMVNLNDEHODGDSWHULVHWSULNOMXþDNDVDYLMFLPD;360&76L;360&76LOLVHWSULNOMXþDNDVDRSUXJDPD;360&7&L
;360&7&QDUXþXMXVHSRVHEQR
VYMHWORVQLK]DYMHVD
VDO
8QLYHU
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
VYMHWORVQH]DYMHVHPDNV
%URMNUXJRYD
6LJXUQRVQL
[12WUDQ]LVWRUVNL
[12SRIXQNFLML
313WUDQ]LVWRUVNL
'RGDWQL
±
WUDQ]LVWRUVNL
313131
3ULND]EURM/('D
SDQHO]DSULND]
âLULQDNXüLãWD
PP
PP
PP
,QWHJUDO0XWLQJIXQNFLMH
'D
1H
'D
8QLYHU]DOQRUMHãHQMHVLJXUQRVQLNRQWUROHUL]DLVWRYUHPHQLQDG]RUYLãHVLJXUQRVQLKIXQNFLMDLVWRYUHPHQR
1DSRQQDSDMDQMD
;360&;
9'&
;36033
;36/&0
,]YHGEDVDXOD]D]DL]YHGEXVDXOD]D]DPLMHQLWLXUHIHUHQFLVDSULPMHU;360&;SRVWDMH;360&;
;360&:,1NRQ¿JXUDFLMVNLSURJUDPNRQ¿JXUDFLMVNLNDEHODGDSWHULVHWSULNOMXþDNDVDYLMFLPD;360&76L;360&76LOLVHWSULNOMXþDNDVDRSUXJDPD;360&7&L
;360&7&QDUXþXMXVHSRVHEQR
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36033SRVWDMH;3603
2GYRMLYSULNOMXþQLEORN
]DXVWDYOMDQMDPRWRUDLYUHPNDãQMHQMD
VDO
8QLYHU
NDWHJRULMD
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
=DQDG]RU
]DXVWDYOMDQMDPRWRUD
%URMNUXJRYD
6LJXUQRVQL
[12WUDQ]LVWRUVNL
'RGDWQL
±
3ULND]EURM/('D
âLULQDNXüLãWD
PP
8QLYHU]DOQRUMHãHQMHVLJXUQRVQLNRQWUROHUL]DLVWRYUHPHQLQDG]RUYLãHVLJXUQRVQLKIXQNFLMDLVWRYUHPHQR
1DSRQQDSDMDQMD
9'&
;360&;
,]YHGEHVDPRVDRGYRMLYLPSULNOMXþNRP
;360&:,1NRQ¿JXUDFLMVNLSURJUDPNRQ¿JXUDFLMVNLNDEHODGDSWHULVHWSULNOMXþDNDVDYLMFLPD;360&76L;360&76LOLVHWSULNOMXþDNDVDRSUXJDPD;360&7&L
;360&7&QDUXþXMXVHSRVHEQR
6LJXUQRVQLPRGXOL]DQDG]RU
GYRUXþQRJXSUDYOMDQMD
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
WLS,,,$SUHPD(1
NDWHJRULMD
WLS,,,&SUHPD(1
%URMNUXJRYD
6LJXUQRVQL
12
12
12
'RGDWQL
1&
1&
WUDQ]LVWRUVNL
3ULND]EURM/('D
âLULQDNXüLãWD
PP
PP
PP
2SWLPDOQRUMHãHQMHVLJXUQRVQLPRGXO]DQDG]RUVLJXUQRVQHIXQNFLMH
1DSRQQDSDMDQMD
9'&
±
;36%&
;36%)3
9$&'&
;36%$
±
±
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36%)3SRVWDMH;36%)
VYMHWORVQLK]DYMHVD
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
NDWHJRULMD
%URMNUXJRYD
6LJXUQRVQL
12
12
12
12
12
'RGDWQL
WUDQ]
±
1&WUDQ]
1&WUDQ]
WUDQ]LVWRUVNL
3ULND]EURM/('D
âLULQDNXüLãWD
PP
PP
PP
PP
PP
âLULQDNXüLãWD
'D
1H
1H
1H
'D
±
±
;36/05
2SWLPDOQRUMHãHQMHVLJXUQRVQLPRGXO]DQDG]RUVLJXUQRVQHIXQNFLMH
1DSRQQDSDMDQMD
9'&
;36&03
±
9$&'&
±
;36$)/3 ;36$.3 ;36$53 ±
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36&03SRVWDMH;36&0
=DL]YHGEXVDWUDQ]LVWRUVNDL]OD]DXPMHVWR12;36/06
,]YHGEHVDPRVDRGYRMLYLPSULNOMXþNRP
]DXVWDYOMDQMDPRWRUDYUHPNDãQMHQMDLOLIWRYD
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
NDWHJRULMD
NDWHJRULMD
=DQDG]RU
]DXVWDYOMDQMDPRWRUD
VLJXUQRVQRYUHPNDãQMHQMH
%URMNUXJRYD
6LJXUQRVQL
121&
12YUHPNDãQMHQMH
12LPSXVQL
12
'RGDWQL
WUDQ]
1&WUDQ]
1&WUDQ]
WUDQ]
/LIWRYL
3ULND]EURM/('D
âLULQDNXüLãWD
PP
PP
PP
PP
2SWLPDOQRUMHãHQMHVLJXUQRVQLPRGXO]DQDG]RUVLJXUQRVQHIXQNFLMH
1DSRQQDSDMDQMD
9'&
;3691
±
±
±
9$&'&
±
;3676$3
;3676:3
;36'$
,]YHGEHVDPRVDRGYRMLYLPSULNOMXþNRP
3UHYHQWD
.UDMQMHVNORSNHLSRGORJH
6LJXUQRVQHNUDMQMHVNORSNH
'HWHNFLMD
SROQLNRQWDNWL
1&1&12
6QDSDFWLRQ
SROQLNRQWDNWL
1&1&12
SRODJDQLLVNORS
0HWDOQL
XWLVQLNOLS
0LQLMDWXUQHVNORSNH
8WLVQLNRWDþLü
3ROXJDVD
SODVWLþQLPNRWDþLüLPD
7LS;&60PHWDOQH
%U]LQDDNWLYLUDQMD
SUHRåLþHQH/ P
PV
PV
PV
0LQLPDOQLPRPHQWDNWLYLUDQMHSR]LWLYQRRWYDUDQMH
11
11
1P1P
6WXSDQM]DãWLWH
,3,3,3
,3,3,3
,3,3,3
'LPHQ]LMHWLMHORJODYDâ['[9
[[PP
;&60/ [[PP
;&60/ [[PP
;&60/
.RPSOHWQDVNORSND
1&1&12VQDSDFWLRQ
1&1&12SRODJDQLLVNORS ;&60/
;&60/
;&60/
=DNDEHOHGXOMLQHP]DPLMHQLWL]DGQMLEURMUHIHUHQFHVDSULPMHU;&60/SRVWDMH;&60/
=DNDEHOHGXOMLQHP]DPLMHQLWL]DGQMLEURMUHIHUHQFHVDSULPMHU;&60/SRVWDMH;&60/
SROQLNRQWDNWL
1&1&12
6QDSDFWLRQ
SROQLNRQWDNWL
1&1&12
6ORZEUHDN
0HWDOQL
XWLVQLNOLS
.RPSDNWQHVNORSNH
ýHOLþQLXWLVQL
NRWDþLü
3ROXJDV
0HWDOQL
SODVWNRWDþLüHP XWLVQLNOLS
7LS;&6'PHWDOQH
ýHOLþQLXWLVQL
NRWDþLü
3ROXJDV
SODVWNRWDþLüHP
7LS;&63SODVWLþQH
%U]LQDDNWLYLUDQMD
[,620[XYRGQLFH
PV
0LQLPDOQLPRPHQWDNWLYLUDQMHSR]LWLYQRRWYDUDQMH
11
11
1P1P 11
6WXSDQM]DãWLWH
,3,3
,3,3
'LPHQ]LMHWLMHORJODYDâ['[9PP
[[
[[
[[
[[
[[
[[
.RPSOHWQHVNORSNH
1&1&12VQDSDFWLRQ
;&6'3
;&6'3
;&6'3
;&633
;&633
;&633
1&1&12SRODJDQLLVNORS ;&6'3
;&6'3
;&6'3
;&633
;&633
;&633
[,620[XYRGQLFH
PV
PV
11
PV
1P1P
=DXYRGQLFH3JL´137GHWDOMQLMHQDZZZ7HOHPHFDQLTXHFRP
6LJXUQRVQHSRGORJH
3URJUDP]DNRQ¿JXUDFLMXVLJXUQRVQLKSRGORJD
³6DIHW\PDWGHVLJQ´5HIHUHQFD6,6&'
0DNVLPDOQDNDWHJRULMDUMHãHQMD
(1
.DWHJRULMD
6WXSDQM]DãWLWH
,3
9ULMHPHRG]LYDV
6DPDSRGORJDPVVDPRGXORP;36$.PV;3603PV
2VMHWOMLYRVW
-HGQDSRGORJD!NJYLãHSRGORJD!NJ
0DNVLPDOQRRSWHUHüHQMH
1FP
3ULNOMXþDN
6D0PXãNLåHQVNL/ PP
'LPHQ]LMHâ['[9
[[PP
5HIHUHQFD
;<73
2GJRYDUDMXüLNDEHOLLSULNOMXþFLGHWDOMQLMHQDZZZ7HOHPHFDQLTXHFRP [[PP
[[PP
[[PP
;<73
;<73
;<73
'RGDWQLSULERU
1RVDþLVHWNRP 'XOMLQD
PP
5HIHUHQFD
;<7= ;<7= ;<7= ;<7= ;<7= ;<7= ;<7= ;<7= ;<7=
.XWQLFLLVSRMQLFL
9DQMVNLNXW
8QXWDUQMLNXW
6SRMQLN1RVDþD/ PP
VHWNRP
YDQMVNLNXW
VDL]OD]RP]DNDEHOVHWNRP VHWNRP
;<7=
;<7=
;<7=
5HIHUHQFD
PP
PP
PP
PP
PP
PP
PP
PP
6SRMQLN1RVDþD/ PP
;<7=
6YMHWORVQH]DYMHVH
7LSSUHPD,(&(1
6YMHWORVQH]DYMHVH
-HGQD]UDNDLQIUDFUYHQD
9LVLQD]DãWLWHSUHPDSU(1
PPGR]UDNH
1D]LYQDYLVLQD6Q
P
%URMNUXJRYD
6LJXUQRVQL
12
'RGDWQL
WUDQ]LVWRUVND
PV
9ULMHPHRG]LYD
0RGXOL
9'&
;36&03
.RPSOHWSUROD]QD
SUHRåLþHQ/ P
313
;8633/
;8633'
]UDND
0SULNOMXþDN
313
=DL]YHGEHVDQHRGYRMLPLPSULNOMXþFLPDL]EULVDWLVORYR3VDNUDMDUHIHUHQFHSULPMHU;36&03SRVWDMH;36&0
7LSSUHPD,(&(1
)XQNFLMHVYMHWORVQH]DYMHVH
‡$XWR5XþQR
‡1DG]RUYDQMVNLKVNORSNL
‡7HVWXOD]0760RQLWRULQJ7HVW6LJQDOVDPR]D;86/7
‡%ODQNLQJ(&6%
‡)ORDWLQJ%ODQNLQJ)%
‡%ODQNLQJ)ORDWLQJ%ODQNLQJ
‡/('SRPRü]DSRGHãDYDQMH]DYMHVH
‡/('SULND]DODUPDLQDþLQDUDGD
7LS&RPSDFW
9LãH]UDNDLQIUDFUYHQH
&RPSDFW
1D]LYQDRVMHWQDGDOMLQD6Q
«P
«P
«P
9HLþLQDGHWHNWLUDQLKSUHGPHWD
PP³SUVW´
PP³UXND´
PP³SUVW´
PP³UXND´
%URMNUXJRYD
6LJXUQRVQL
WUDQ]313
WUDQ]313
WUDQ]313
WUDQ]313
3RPRüQLDODUP
9ULMHPHRG]LYDRYLVQRRPRGHOX
«P
WUDQ]313
WUDQ]313
WUDQ]313131
WUDQ]313131
«PV
«PV
«PV
«PV
]DãWLWQD
YLVLQDPP
.DEHOVDNRQHNWRURP/ P
3UHGDMQLNSULMHPQLN ]DãWLWQDYLVLQDPP
;86/74$
±
;86/01;
;86/03;
;86/74$
;86/75$
;86/01;
;86/03;
;86/74$
±
;86/01;
;86/03;
;86/74$
;86/75$
;86/01;
;86/03;
;86/74$
±
;86/01;
;86/03;
;86/74$
;86/75$
;86/01;
;86/03;
;86/74$
;86/75$
;86/01;
;86/03;
;86/74$
±
;86/01;
;86/03;
;86/74$
;86/75$
;86/01;
;86/03;
;86/74$
;86/75$
;86/01;
;86/03;
;86/74$
;86/75$
;86/01;
;86/03;
;86/74$
;86/75$
;86/01;
;86/03;
±
;86/75$
±
;86/75$
±
;86/75$
±
;86/75$
'RGDWQLSULERU
P
P
3UHRåLþHQSULNOMXþDN
]DSULMHPQLN
;6=7&5
;6=7&5
;6=7&5
]DSUHGDMQLN
;6=7&7
;6=7&7
;6=7&7
'XOMLQD
P
3UHYHQWD
1RåQHSHGDOHPHWDOQH
-HGQRVWUXNHVNORSNH
RG
,62XY
1
SUHPD(
7LS
1RåQHVNORSNHEH]]DãWLWQRJSRNORSFD
2NLGDþ
RWYRUD]DQR3JXYRGQLFH
%H]
'DSR]LWLYQRRWYDUDQMH
%RMD
1DUDQþDVWD
%URMRSHUDFLMDXPLOLRQLPD
6WXSDQM]DãWLWH
,3
5DGQHNDUDNWHULVWLNH
$&$'&4SUHPD,(&(1
1DUDQþDVWD
3ODYD
[[PP
'LPHQ]LMHâ['[9
7LSNRQWDNWD
NRUDN
1&12 ;3(5
;3(0
;3(5
1&12 ±
;3(0
;3(5
NRUDND
1&12 ;3(5
;3(0
;3(5
$QDORJQLL]OD]
1&12 ;3(5
±
;3(5
=DRWYRUH]D,620XYRGQLFXQDUXþLWLDGDSWHU'(5$
RG
,62XY 1
SUHPD(
7LS
1RåQHVNORSNHVD]DãWLWQLPSRNORSFHP
RWYRUD]DQR3JXYRGQLFH
2NLGDþ
'DSR]LWLYQRRWYDUDQMH
%H]
%RMD
3ODYD
1DUDQþDVWD
%URMRSHUDFLMDXPLOLRQLPD
6WXSDQM]DãWLWH
,3
5DGQHNDUDNWHULVWLNH
$&$'&4SUHPD,(&(1
3ODYD
1DUDQþDVWD
[[PP
'LPHQ]LMHâ['[9
7LSNRQWDNWD
NRUDN
1&12 ;3(0
;3(5
;3(0
;3(5
1&12 ;3(0
;3(5
;3(0
;3(5
NRUDNVDSULGUåDYDQM1&12 ±
±
;3(0
;3(5
NRUDND
1&12 ;3(0
;3(5
;3(0
;3(5
$QDORJQLL]OD]
1&12 ;3(0
;3(5
;3(0
±
=DRWYRUH]D,620XYRGQLFXQDUXþLWL DGDSWHU'(5$
'YRVWUXNHVNORSNH
RG
,62XY 1
SUHPD(
7LS
1RåQHVNORSNHVD]DãWLWQLPSRNORSFHP
2NLGDþ
RWYRUD]DQR3JXYRGQLFH
'DSR]LWLYQRRWYDUDQMH
%RMD
3ODYD
%URMRSHUDFLMDXPLOLRQLPD
6WXSDQM]DãWLWH
,3
5DGQHNDUDNWHULVWLNH
$&$'&4SUHPD,(&(1
1DUDQþDVWD
%H]
3ODYD
1DUDQþDVWD
[[PP
'LPHQ]LMHâ['[9
7LSNRQWDNWD
NRUDN
[1&12 ;3(0'
;3(5'
;3(0'
;3(5'
[1&12 ;3(0'
;3(5'
;3(0'
;3(5'
=DRWYRUH]D,620XYRGQLFXQDUXþLWL DGDSWHU'(5$
1RåQHSHGDOHSODVWLþQH
-HGQRVWUXNHVNORSNH
RG
,62XY
1
SUHPD(
%H]]DãWLWQRJSRNORSFD
6HULMD2SWLPXP
6D]DãWLWQLPSRNORSFHP
RWYRUD]D,620XYRGQLFH
2NLGDþ
%H]
'DSR]LWLYQRRWYDUDQMH
%RMD
äXWD
äXWD
äXWD
%URMRSHUDFLMDXPLOLRQLPD
6WXSDQM]DãWLWH
,3
5DGQHNDUDNWHULVWLNH
$&$'&4SUHPD,(&(1
[[PP
[[PP
NRUDN
1&12 ;3(<
;3(<
;3(<
1&12 ±
;3(<
;3(<
NRUDND
1&12 ;3(<
;3(<
;3(<
'LPHQ]LMHâ['[9
[[PP
7LSNRQWDNWD
RG
,62XY
1
SUHPD(
1RåQHVNORSNHEH]]DãWLWQRJSRNORSFD
6HULMD8QLYHUVDOSUHPD1)(
RWYRUD]D,620XYRGQLFH
RWYRU
2NLGDþ
'DSR]LWLYQRRWYDUDQMH
%H]
%H]
%RMD
6LYD
3ODYD
6LYD
&UQD
%URMRSHUDFLMDXPLOLRQLPD
6WXSDQM]DãWLWH
,3
,3
5DGQHNDUDNWHULVWLNH
$&$'&4SUHPD,(&(1
'LPHQ]LMHâ['[9
[[PP
7LSNRQWDNWD
NRUDN
1&12 ;3(*
;3(%
;3(*
;3($
1&12 ±
;3(%
;3(*
;3($
NRUDND
1&12 ;3(*
;3(%
;3(*
±
[[PP
2WYRU]D,620LOLQƒ3JRYRGQLFXL]D,620LOLQƒ3JXYRGQLFX
RG
,62XY
1
SUHPD(
6HULMD8QLYHUVDOSUHPD1)(
1RåQHVNORSNHVD]DãWLWQLPSRNORSFHP
RWYRUD]D,620XYRGQLFH
2NLGDþ
'DSR]LWLYQRRWYDUDQMH
%H]
%RMD
6LYD
3ODYD
%URMRSHUDFLMDXPLOLRQLPD
6WXSDQM]DãWLWH
,3
5DGQHNDUDNWHULVWLNH
$&$'&4SUHPD,(&(1
6LYD
3ODYD
[[PP
'LPHQ]LMHâ['[9
7LSNRQWDNWD
NRUDN
1&12 ;3(*
;3(%
;3(*
;3(%
1&12 ;3(*
;3(%
;3(*
;3(%
NRUDND
1&12 ;3(*
;3(%
;3(*
;3(%
3UHYHQWD
8SUDYOMDþNLXUHÿDML
'YRUXþQRXSUDYOMDQMH
RG
,62XY
1
SUHPD(
XSUDYOMDþNDWLSNDODJOMLYDVWRWLSNDOR
1XåQLLVNORSLOL]DXVWDYOMDQMH
7LS
XSUDYOMDþNDWLSNDODJOMLYDVWRWLSNDOR
QXåQLLVNORSLOL]DXVWDYOMDQMHUDGDSUHRåLþHQ
'YRUXþQRXSUDYOMDQMH
RWYRUD]D,620LOLQR3JXYRGQLFHRWYRU]DQR3JXYRGQLFX
%URMRSHUDFLMDXPLOLMXQLPD
6WXSDQM]DãWLWH
,3
,3
5DGQHNDUDNWHULVWLNH
$&$'&4SUHPD,(&(1
'LPHQ]LMHâ['[9
[[PP
&UYHQLQXåQLLVNRS1&1&SRODJDQLLVNORS
äXWLLVNORSEORNDGD1&12LVNORSSULMHXNORSD
;<6%
;<6%
;<6%
;<6%
=DQDUXGåEXGYRUXþQRJXSUDYOMDþNRJSXOWDVPHWDOQLPQRVDþHP;<6%GRGDWLQDNUDMUHIHUHQFHSULPMHU;<6%SRVWDMH;<6%
=DRWYRUH]D,620XYRGQLFXQDUXþLWLDGDSWHU'(5$PDWLFX'((&
6NORSNH]DDNWLYLUDQMH
6WDQMHNRQWDNWD
NRQWDNW]DWYRUHQ
NRQWDNWRWYRUHQ
7LS
3ODVWLþQLGUåDþ
2WYRU]D‘GRPPNDEHO
%URMNRQWDNWD
7LSNRQWDNWD
DNWLYLUDQMHSR]LFLMH1&
DNWLYLUDQMHSR]LFLMH1&
GRGDWQL12NRQWDNW
2SLV
%H]WLSNH
6DWLSNRP12NRQWDNWSRPRüQL
2WSRUQRVWQDXGDUDFYLEUDFLMH
JQJQ
6WXSDQM]DãWLWH
,3
5DGQHNDUDNWUHULVWLNH
$&&'&5SUHPD,(&(1
'LPHQ]LMHâ['[9
[[PP
[[PP
5HIHUHQFD
;<$8
;<$8
=DSULERU]DXJUDGQMXGHWDOMQLMHQDZZZ7HOHPHFDQLTXHFRP
,3

Benzer belgeler

Ateşli (light) Silâhlar SÖZLhK

Ateşli (light) Silâhlar SÖZLhK JLWPH\HEDúOD\DQVDELWL÷QHOLVUJVLOHILúHNVUHQVUJNDSDQPDDQÕQGD\DWDNWDNL ILúH÷LDWHúOH\HQYHEDUXWJD]ÕQÕQJHULIÕUODWÕ÷ÕERúNRYDQÕQLWPHVL\OHWHNUDUDoÕNVUJ GXUXPXQDJHoHQ\DUÕ...

Detaylı