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Atlas Copco
www.atlascopco.com
Fecha de impresión......... 19/05/2005
Manual de instrucciones
GA11, GA15, GA18, GA22, GA30C
Nota de Copyright
Se prohibe cualquier uso no autorizado o la copia de los contenidos o de
cualquier parte de los mismos.
Esto se aplica en particular a marcas comerciales, denominación de
modelos, número de las piezas y diseños.
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+PVGTRTGVCEKÉP
 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG KPUVCNCEKÉP
2TGECWEKQPGU IGPGTCNGU
 'N QRGTCTKQ FGDG NNGXCT C NC RT±EVKEC NCU PQTOCU FG UGIWTKFCF KPFKECFCU RCTC GUVG VTCDCLQ [ QDUGTXCT
VQFCU NCU QTFGPCPCU [ TGSWGTKOKGPVQU NQECNGU GUVCDNGEKFQU GP OCVGTKC FG UGIWTKFCF
 5K EWCNSWKGT KPFKECEKÉP FG NCU SWG UG EKVCP C EQPVKPWCEKÉP PQ EWORNKGTC EQP NC NGIKUNCEKÉP NQECN UG
CRNKECT± NC O±U GUVTKEVC
 .C KPUVCNCEKÉP HWPEKQPCOKGPVQ OCPVGPKOKGPVQ [ TGRCTCEKQPGU UÉNQ UG NNGXCT±P C ECDQ RQT RGTUQPCN
CWVQTKCFQ [ EQORGVGPVG
 0Q UG EQPUKFGTC CN EQORTGUQT ECRC FG UWOKPKUVTCT CKTG TGURKTCDNG 2CTC QDVGPGT CKTG TGURKTCDNG GN
CKTG EQORTKOKFQ FGDG UGT RWTKHKECFQ EQTTGEVCOGPVG RCTC GUVG WUQ EQPHQTOG C NCU PQTOCU [ NG[GU
NQECNGU
 #PVGU FG GORGCT GN VTCDCLQ FG OCPVGPKOKGPVQ TGRCTCEKÉP Q CLWUVG Q EQORTQDCEKÉP FKUVKPVC FG NC
CVGPEKÉP TWVKPCTKC RCTG GN EQORTGUQT RWNUG GN DQVÉP FG RCTCFC FG GOGTIGPEKC FGUEQPGEVG GN
XQNVCLG [ FGURTGUWTKEG GN EQORTGUQT #FGO±U UG CDTKT± [ UG DNQSWGCT± GN KPVGTTWRVQT UGRCTCFQT FG
GPGTIÃC GN¾EVTKEC
 0Q LWGIWG PWPEC EQP GN CKTG EQORTKOKFQ 0Q NQ CRNKSWG C NC RKGN PK FKTKLC EJQTTQU FG CKTG C PKPIWPC
RGTUQPC 0Q WVKNKEG PWPEC GN CKTG EQORTKOKFQ RCTC NKORKCTUG NC TQRC #N WUCTNQ RCTC NKORKCT GN GSWKRQ
J±ICNQ EQP OWEJQ EWKFCFQ [ RTQV¾LCUG NQU QLQU
2GNKITQ FG OWGTVG
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1DUGTXCEKÉP KORQTVCPVG
'N HCDTKECPVG FGENKPC VQFC TGURQPUCDKNKFCF RQT EWCNSWKGT FCÇQ Q NGUKÉP
TGUWNVCPVG FGN PQ EWORNKOKGPVQ FG GUVCU RTGECWEKQPGU Q FG NC PQ
QDUGTXCEKÉP FG NC RTGECWEKÉP JCDKVWCN [ GN FGDKFQ EWKFCFQ GP NC KPUVCNCEKÉP
OCPGLQ OCPVGPKOKGPVQ Q TGRCTCEKÉP CWPSWG PQ UG JC[C OGPEKQPCFQ
GZRTGUCOGPVG
/CPWCN FG KPUVTWEEKQPGU

2TGECWEKQPGU FWTCPVG NC KPUVCNCEKÉP
 .C O±SWKPC UÉNQ FGDG NGXCPVCTUG WVKNKCPFQ GN GSWKRQ CRTQRKCFQ EQPHQTOG C NCU PQTOCVKXCU XKIGPVGU
GP OCVGTKC FG UGIWTKFCF 6QFCU NCU RKGCU UWGNVCU Q RKXQVCPVGU FGDGP UWLGVCTUG EQP UGIWTKFCF CPVGU
FG NGXCPVCT 'UV± VGTOKPCPVGOGPVG RTQJKDKFQ SWGFCTUG Q RCUCT GP NC QPC FG TKGUIQ RQT FGDCLQ FG
WPC ECTIC NGXCPVCFC .C CEGNGTCEKÉP [ FGUCEGNGTCEKÉP FG GNGXCEKÉP FGDGP CLWUVCTUG C NQU NÃOKVGU FG
UGIWTKFCF 2ÉPICUG GN ECUEQ FG UGIWTKFCF CN VTCDCLCT EGTEC FG GSWKRQ GNGXCFQT Q C¾TGQ
 %QNQSWG NC O±SWKPC FQPFG GN CKTG CODKGPVG UGC NQ O±U HTGUEQ [ NKORKQ RQUKDNG 5K GU PGEGUCTKQ
KPUVCNG WP EQPFWEVQ FG UWEEKÉP 0WPEC QDUVTW[C NC VQOC FG CKTG GDG TGFWEKTUG CN OÃPKOQ NC
GPVTCFC FG NC JWOGFCF SWG CEQORCÇC CN CKTG FG CURKTCEKÉP
 GDG TGVKTCT EWCNSWKGT DTKFC QDVWTCFQTC VCRÉP VCRC Q DQNUCU FG FGUGECPVG CPVGU FG EQPGEVCT NCU
VWDGTÃCU
 .CU OCPIWGTCU FG CKTG FGDGT±P UGT FGN VCOCÇQ EQTTGEVQ [ CFGEWCFCU C NC RTGUKÉP FG VTCDCLQ 0WPEC
WUG OCPIWGTCU FGUICUVCFCU FGVGTKQTCFCU Q FGUJKNCEJCFCU .CU VWDGTÃCU FG FKUVTKDWEKÉP [ UWU
EQPGZKQPGU FGDGT±P UGT FGN VCOCÇQ EQTTGEVQ [ CFGEWCFCU C NC RTGUKÉP FG VTCDCLQ
 'N CKTG CURKTCFQ GUVCT± NKDTG FG JWOQU Q XCRQTGU KPHNCOCDNGU RGL FKUQNXGPVGU FG RKPVWTC SWG
RQFTÃCP RTQFWEKT WP KPEGPFKQ Q GZRNQUKÉP KPVGTPC
 %QNQSWG NC VQOC FG CKTG GP WP UKVKQ FQPFG PQ RWGFC CURKTCT TQRCU UWGNVCU FG NCU RGTUQPCU
 %QORTWGDG SWG NC VWDGTÃC FG FGUECTIC SWG XC FGUFG GN EQORTGUQT CN TGHTKIGTCFQT RQUVGTKQT Q C NC TGF
FG CKTG RWGFG FKNCVCT RQT GHGEVQU FGN ECNQT [ PQ GUV± GP EQPVCEVQ EQP OCVGTKCN KPHNCOCDNG Q EGTEC FG
¾UVG
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RWGFG GUVCT UQOGVKFQ C GUHWGTQ
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'UVC O±SWKPC VKGPG EQPVTQN TGOQVQ [ RWGFG RQPGTUG GP OCTEJC UKP RTGXKQ CXKUQ
'N QRGTCFQT FGDG CUGIWTCTUG FG SWG NC O±SWKPC GUV± RCTCFC [ FG SWG GN KPVGTTWRVQT UGRCTCFQT GUV±
CDKGTVQ [ DNQSWGCFQ CPVGU FG TGCNKCT EWCNSWKGT OCPVGPKOKGPVQ Q TGRCTCEKÉP 2CTC OC[QT UGIWTKFCF
NCU RGTUQPCU SWG CEEKQPCP GSWKRQU RQT EQPVTQN TGOQVQ FGDGP VQOCT NCU RTGECWEKQPGU CFGEWCFCU
RCTC CUGIWTCTUG FG SWG PCFKG GUV¾ XGTKHKECPFQ NC O±SWKPC Q VTCDCLCPFQ GP GNNC # GUVG HKP UG
EQNQECT± WP CXKUQ CFXKTVKGPFQ SWG GN GSWKRQ GP EWGUVKÉP CTTCPEC RQT EQPVTQN TGOQVQ 
C FKUVCPEKC
 .CU O±SWKPCU TGHTKIGTCFCU RQT CKTG FGDGP KPUVCNCTUG FG OCPGTC SWG UG FKURQPIC FG WP HNWLQ
CFGEWCFQ FG CKTG FG TGHTKIGTCEKÉP [ SWG GN CKTG FG GUECRG PQ TGEKTEWNG C NC GPVTCFC
 .CU EQPGZKQPGU GN¾EVTKECU FGDGP TGCNKCTUG FG CEWGTFQ EQP NQU EÉFKIQU NQECNGU .C KPUVCNCEKÉP FGDG
TGCNKCTUG C VKGTTC [ RTQVGIGTUG FG EQTVQEKTEWKVQU RQT OGFKQ FG HWUKDNGU GP VQFCU NCU HCUGU GDG
KPUVCNCTUG WP KPVGTTWRVQT UGRCTCFQT FG GPGTIÃC GN¾EVTKEC EQP EKGTTG EGTEC FGN EQORTGUQT
 'P O±SWKPCU EQP UKUVGOC FG CTTCPSWGRCTCFC CWVQO±VKEQ Q UK GUV± CEVKXCFC NC HWPEKÉP FG
TGCTTCPSWG CWVQO±VKEQ FGURW¾U FG KPVGTTWREKÉP FGN XQNVCLG UG HKLCT± EGTEC FGN VCDNGTQ FG
KPUVTWOGPVQU WP ECTVGN SWG FKIC 'UVC O±SWKPC RWGFG RQPGTUG GP OCTEJC UKP RTGXKQ CXKUQ 
 'P NQU UKUVGOCU HQTOCFQU RQT XCTKQU EQORTGUQTGU FGDGP KPUVCNCTUG X±NXWNCU OCPWCNGU RCTC CKUNCT
ECFC EQORTGUQT 0Q FGDG EQPHKCTUG GP NCU X±NXWNCU CPVKTTGVQTPQ 
X±NXWNCU FG TGVGPEKÉP RCTC CKUNCT
UKUVGOCU C RTGUKÉP
 0WPEC CPWNG PK OCPKRWNG NQU FKURQUKVKXQU FG UGIWTKFCF PK NCU RTQVGEEKQPGU Q NQU CKUNCOKGPVQU
OQPVCFQU GP NC O±SWKPC %CFC TGEKRKGPVG C RTGUKÉP Q FKURQUKVKXQ CWZKNKCT KPUVCNCFQ HWGTC FG NC
O±SWKPC SWG XC[C C EQPVGPGT CKTG C RTGUKÉP UWRGTKQT C NC CVOQUH¾TKEC UG RTQVGIGT± EQP WP
FKURQUKVKXQ Q FKURQUKVKXQU RCTC GXCEWCT FKEJC RTGUKÉP UK GUVQ HWGTC PGEGUCTKQ
 GDG RTQVGIGT Q CKUNCT NCU VWDGTÃCU W QVTCU RCTVGU SWG CNECPEGP VGORGTCVWTCU UWRGTKQTGU C NQU u%

u( SWG RWGFC VQECT CEEKFGPVCNOGPVG GN RGTUQPCN FWTCPVG GN HWPEKQPCOKGPVQ PQTOCN .CU QVTCU
VWDGTÃCU C VGORGTCVWTC GNGXCFC UG OCTECT±P CFGEWCFCOGPVG
/CPWCN FG KPUVTWEEKQPGU

 2CTC XGTUKQPGU TGHTKIGTCFCU RQT CIWC GN UKUVGOC FG CIWC FG TGHTKIGTCEKÉP KPUVCNCFQ HWGTC FG NC
O±SWKPC FGDG GUVCT RTQVGIKFQ RQT WP FKURQUKVKXQ FG UGIWTKFCF EQP RTGUKÉP FG CLWUVG EQPHQTOG C NC
RTGUKÉP O±ZKOC FG GPVTCFC FG CIWC FG TGHTKIGTCEKÉP
 5K GN UWGNQ PQ GUV± PKXGNCFQ Q RWGFG GUVCT UWLGVQ C KPENKPCEKÉP XCTKCDNG EQPUWNVG CN HCDTKECPVG
 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG HWPEKQPCOKGPVQ
2TGECWEKQPGU IGPGTCNGU
 'N QRGTCTKQ FGDG NNGXCT C NC RT±EVKEC NCU PQTOCU FG UGIWTKFCF KPFKECFCU RCTC GUVG VTCDCLQ [ QDUGTXCT
VQFCU NCU QTFGPCPCU [ TGSWGTKOKGPVQU NQECNGU GUVCDNGEKFQU GP OCVGTKC FG UGIWTKFCF
 5K EWCNSWKGT KPFKECEKÉP FG NCU SWG UG EKVCP C EQPVKPWCEKÉP PQ EWORNKGTC EQP NC NGIKUNCEKÉP NQECN UG
CRNKECT± NC O±U GUVTKEVC
 .C KPUVCNCEKÉP HWPEKQPCOKGPVQ OCPVGPKOKGPVQ [ TGRCTCEKQPGU UÉNQ UG NNGXCT±P C ECDQ RQT RGTUQPCN
CWVQTKCFQ [ EQORGVGPVG
 0Q UG EQPUKFGTC CN EQORTGUQT ECRC FG UWOKPKUVTCT CKTG TGURKTCDNG 2CTC QDVGPGT CKTG TGURKTCDNG GN
CKTG EQORTKOKFQ FGDG UGT RWTKHKECFQ EQTTGEVCOGPVG RCTC GUVG WUQ EQPHQTOG C NCU PQTOCU [ NG[GU
NQECNGU
 #PVGU FG GORGCT GN VTCDCLQ FG OCPVGPKOKGPVQ TGRCTCEKÉP Q CLWUVG Q EQORTQDCEKÉP FKUVKPVC FG NC
CVGPEKÉP TWVKPCTKC RCTG GN EQORTGUQT RWNUG GN DQVÉP FG RCTCFC FG GOGTIGPEKC FGUEQPGEVG GN
XQNVCLG [ FGURTGUWTKEG GN EQORTGUQT #FGO±U UG CDTKT± [ UG DNQSWGCT± GN KPVGTTWRVQT UGRCTCFQT FG
GPGTIÃC GN¾EVTKEC
 0Q LWGIWG PWPEC EQP GN CKTG EQORTKOKFQ 0Q NQ CRNKSWG C NC RKGN PK FKTKLC EJQTTQU FG CKTG C PKPIWPC
RGTUQPC 0Q WVKNKEG PWPEC GN CKTG EQORTKOKFQ RCTC NKORKCTUG NC TQRC #N WUCTNQ RCTC NKORKCT GN GSWKRQ
J±ICNQ EQP OWEJQ EWKFCFQ [ RTQV¾LCUG NQU QLQU
%QPUWNVG VCODK¾P NCU RTGECWEKQPGU FG UGIWTKFCF UKIWKGPVGU 2TGECWEKQPGU FG UGIWTKFCF
FWTCPVG HWPEKQPCOKGPVQ [ 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG OCPVGPKOKGPVQ
.CU RTGUGPVGU RTGECWEKQPGU UQP X±NKFCU RCTC O±SWKPCU SWG VTCVGP Q EQPUWOCP CKTG Q
ICU KPGTVG 'N VTCVCOKGPVQ FG QVTQU VKRQU FG ICU GZKIG RTGECWEKQPGU CFKEKQPCNGU RTQRKCU
FG NC CRNKECEKÉP SWG PQ HKIWTCP GP GN VGZVQ CN RKG
#NIWPCU RTGECWEKQPGU UQP FG ECT±EVGT IGPGTCN [ UQP X±NKFCU RCTC XCTKQU VKRQU FG
O±SWKPCU [ GSWKRQU RQT EQPUKIWKGPVG RWGFG SWG CNIWPCU KPFKECEKQPGU PQ TGUWNVGP
UKGORTG CRNKECDNGU C NC O±SWKPC
'N HCDTKECPVG FGENKPC VQFC TGURQPUCDKNKFCF RQT EWCNSWKGT FCÇQ Q NGUKÉP
TGUWNVCPVG FGN PQ EWORNKOKGPVQ FG GUVCU RTGECWEKQPGU Q FG NC PQ
QDUGTXCEKÉP FG NC RTGECWEKÉP JCDKVWCN [ GN FGDKFQ EWKFCFQ GP NC KPUVCNCEKÉP
OCPGLQ OCPVGPKOKGPVQ Q TGRCTCEKÉP CWPSWG PQ UG JC[C OGPEKQPCFQ
GZRTGUCOGPVG
/CPWCN FG KPUVTWEEKQPGU

2TGECWEKQPGU FWTCPVG HWPEKQPCOKGPVQ
 7UG UQNCOGPVG GN VKRQ [ VCOCÇQ EQTTGEVQU FG EQPGZKQPGU [ CEEGUQTKQU #N UQRNCT CKTG C VTCX¾U FG
WPC OCPIWGTC Q VWDGTÃC CUGIÐTGUG FG SWG UG UWLGVC HKTOGOGPVG GN GZVTGOQ CDKGTVQ 7P GZVTGOQ
NKDTG IQNRGCT± EQOQ WP N±VKIQ [ RQFT± ECWUCT NGUKQPGU #UGIÐTGUG FG SWG NCU OCPIWGTCU GUV±P
EQORNGVCOGPVG FGURTGUWTKCFCU CPVGU FG FGUEQPGEVCTNCU
 .CU RGTUQPCU SWG CEEKQPCP GSWKRQU RQT EQPVTQN TGOQVQ FGDGP VQOCT NCU RTGECWEKQPGU CFGEWCFCU
RCTC CUGIWTCTUG FG SWG PCFKG GUV¾ XGTKHKECPFQ NC O±SWKPC Q VTCDCLCPFQ GP GNNC # GUVG HKP UG
EQNQECT± WP CXKUQ CFXKTVKGPFQ SWG GN GSWKRQ GP EWGUVKÉP CTTCPEC RQT EQPVTQN TGOQVQ 
C FKUVCPEKC
 0WPEC JCIC HWPEKQPCT NQU ITWRQU GP NWICTGU FQPFG GZKUVC NC RQUKDKNKFCF FG CURKTCT GOCPCEKQPGU
KPHNCOCDNGU Q VÉZKECU
 0WPEC JCIC HWPEKQPCT NC O±SWKPC RQT FGDCLQ Q GPEKOC FG UWU NÃOKVGU
 /CPVGPIC EGTTCFCU VQFCU NCU RWGTVCU FG NC ECTTQEGTÃC FWTCPVG GN HWPEKQPCOKGPVQ 5ÉNQ RWGFGP
CDTKTUG RQT DTGXG VKGORQ RGL RCTC GHGEVWCT EQORTQDCEKQPGU 7UG RTQVGEVQTGU FG QÃFQU CN CDTKT WPC
RWGTVC
 .CU RGTUQPCU SWG RGTOCPGECP GP WP CODKGPVG Q WPC UCNC FQPFG GN PKXGN FG UQPKFQ CNECPEG Q
GZEGFC  F$
# FGDGP WUCT RTQVGEVQTGU FG QÃFQU
 %QORTWGDG RGTKÉFKECOGPVG SWG
Ő 6QFCU NCU RTQVGEEKQPGU UG GPEWGPVTCP GP UW NWICT RGTHGEVCOGPVG CUGIWTCFCU
Ő 6QFCU NCU OCPIWGTCU [Q VWDGTÃCU FGPVTQ FGN ITWRQ UG GPEWGPVTCP GP DWGPCU EQPFKEKQPGU DKGP
UWLGVCU [ SWG PQ UG TQCP
Ő 0Q GZKUVGP HWICU
Ő 6QFQU NQU VGPUQTGU GUV±P CRTGVCFQU
Ő 6QFQU NQU ECDNGU GN¾EVTKEQU UG GPEWGPVTCP UGIWTQU [ GP DWGPCU EQPFKEKQPGU
Ő .CU X±NXWNCU FG UGIWTKFCF [ NQU QVTQU FKURQUKVKXQU FG GXCEWCEKÉP FG RTGUKÉP PQ GUV±P CVCUECFQU
RQT GUECOCU Q RKPVWTC
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OQPVCFQU GP NC O±SWKPC %CFC FGRÉUKVQ C RTGUKÉP Q FKURQUKVKXQ CWZKNKCT KPUVCNCFQ HWGTC FG NC
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FKURQUKVKXQ Q FKURQUKVKXQU RCTC GXCEWCT FKEJC RTGUKÉP UK GUVQ HWGTC PGEGUCTKQ
%QPUWNVG VCODK¾P NCU RTGECWEKQPGU FG UGIWTKFCF UKIWKGPVGU 2TGECWEKQPGU FG UGIWTKFCF
FWTCPVG KPUVCNCEKÉP [ 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG OCPVGPKOKGPVQ
.CU RTGUGPVGU RTGECWEKQPGU UQP X±NKFCU RCTC O±SWKPCU SWG VTCVGP Q EQPUWOCP CKTG Q
ICU KPGTVG 'N VTCVCOKGPVQ FG QVTQU GURGEKGU FG ICU GZKIG RTGECWEKQPGU CFKEKQPCNGU
RTQRKCU FG NC CRNKECEKÉP SWG PQ HKIWTCP GP GN VGZVQ CN RKG
#NIWPCU RTGECWEKQPGU UQP FG ECT±EVGT IGPGTCN [ UQP X±NKFCU RCTC XCTKQU VKRQU FG
O±SWKPCU [ GSWKRQU RQT EQPUKIWKGPVG RWGFG SWG CNIWPCU KPFKECEKQPGU PQ TGUWNVGP
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2TGECWEKQPGU IGPGTCNGU
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VQFCU NCU QTFGPCPCU [ TGSWGTKOKGPVQU NQECNGU GUVCDNGEKFQU GP OCVGTKC FG UGIWTKFCF
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CRNKECT± NC O±U GUVTKEVC
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CVGPEKÉP TWVKPCTKC RCTG GN EQORTGUQT RWNUG GN DQVÉP FG RCTCFC FG GOGTIGPEKC FGUEQPGEVG GN
XQNVCLG [ FGURTGUWTKEG GN EQORTGUQT #FGO±U UG CDTKT± [ UG DNQSWGCT± GN KPVGTTWRVQT UGRCTCFQT FG
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J±ICNQ EQP OWEJQ EWKFCFQ [ RTQV¾LCUG NQU QLQU
2TGECWEKQPGU FG UGIWTKFCF FWTCPVG OCPVGPKOKGPVQ Q TGRCTCEKQPGU
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C FKUVCPEKC
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'N HCDTKECPVG FGENKPC VQFC TGURQPUCDKNKFCF RQT EWCNSWKGT FCÇQ Q NGUKÉP
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RCTCTUG ¾UVC [ PQ CDTKT PKPIWPC VCRC FG KPURGEEKÉP JCUVC WPC XG VTCPUEWTTKFQ DCUVCPVG VKGORQ FG
GPHTKCOKGPVQ C HKP FG GXKVCT GN TKGUIQ FG KIPKEKÉP GURQPV±PGC FGN XCRQT FG CEGKVG CN GPVTCT GP
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NQU FKURQUKVKXQU FG EQPVTQN [ RCTCFC GUV±P KPUVCNCFQU [ HWPEKQPCP EQTTGEVCOGPVG 5K UG JC SWKVCFQ GN
IWCTFCCEQRNCOKGPVQ FGN GLG FG CEEKQPCOKGPVQ FGN EQORTGUQT EQORTWGDG SWG GUV± TGKPUVCNCFQ
 'ZCOKPG GN VWDQ FG KORWNUKÉP [ GN KPVGTKQT FGN FGRÉUKVQ UGRCTCFQT FG CEGKVG ECFC XG SWG UG ECODKG
GN GNGOGPVQ UGRCTCFQT RCTC XGT UK GZKUVGP TGEKRKGPVGU UGRCTCFQTGU FG CEGKVG RCTC FGRÉUKVQU FG
ECTDÉP 5K UQP GZEGUKXQU FGDGP TGVKTCTUG
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UCNKFC FG CKTG FGN EQORTGUQT UG JCNNC GP DWGP GUVCFQ 'P ECUQ FG FCÇQ TGGORN±EGNQ RQT OCVGTKCN
QTKIKPCN FGN HCDTKECPVG RCTC GXKVCT SWG CWOGPVG GN PKXGN FG RTGUKÉP FG UQPKFQ
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CFGEWCFCOGPVG WVKNKEG WPC O±UECTC RTQVGEVQTC UK HWGTC PGEGUCTKQ
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CTTCPSWG PK UG GZVTCKIC NC RTGPFC OQLG NC TQRC CDWPFCPVGOGPVG EQP CIWC JCUVC SWG JC[C
FGUCRCTGEKFQ VQFQ GN TGHTKIGTCPVG CRNKSWG FGURW¾U NQU RTKOGTQU CWZKNKQU
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FWTCPVG KPUVCNCEKÉP [ 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG HWPEKQPCOKGPVQ
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ICU KPGTVG 'N VTCVCOKGPVQ FG QVTQU GURGEKGU FG ICU GZKIG RTGECWEKQPGU CFKEKQPCNGU
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O±SWKPCU [ GSWKRQU RQT EQPUKIWKGPVG RWGFG SWG CNIWPCU KPFKECEKQPGU PQ TGUWNVGP
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Ő 'N ¾ODQNQ FG ECTIC 
.2 UG OWGXG JCEKC CTTKDC [ JCEG SWG NC X±NXWNC FG GPVTCFC 
+8 EKGTTG NC CDGTVWTC
FG GPVTCFC FGN CKTG
Ő .C X±NXWNC FG FGUECTIC 
78 NC CDTG NC RTGUKÉP FGN FGRÉUKVQ KEJC RTGUKÉP FGN FGRÉUKVQ FG CKTG 

GUECRC JCEKC GN FGUECTICFQT 
7#
'N UWOKPKUVTQ FG CKTG UG FKUEQPVKPÐC 
  GN EQORTGUQT OCTEJC GP FGUECTIC
%CTIC
%WCPFQ NC RTGUKÉP FG NC TGF DCLG C NC FG ECTIC UG GPGTIKC NC X±NXWNC FG UQNGPQKFG 
; 'N ¾ODQNQ FG NC
OKUOC 
; UG OWGXG JCEKC CTTKDC EQPVTC NC HWGTC FGN OWGNNG
Ő .C RTGUKÉP FG EQPVTQN UG FKUVTKDW[G FGUFG GN FGRÉUKVQ FG CKTG 
 OGFKCPVG FG NC X±NXWNC FG UQNGPQKFG

; CN ¾ODQNQ FG ECTIC 
.2 [ NC X±NXWNC FG FGUECTIC 
78
Ő .C X±NXWNC FG FGUECTIC 
78 EKGTTC NC CDGTVWTC FG GZRWNUKÉP FG CKTG 'N ¾ODQNQ FG ECTIC 
.2 UG OWGXG
JCEKC CDCLQ [ JCEG SWG UG CDTC RQT EQORNGVQ NC X±NXWNC FG GPVTCFC 
+8
5G TGCPWFC GN UWOKPKUVTQ FG CKTG 
  GN EQORTGUQT OCTEJC GP ECTIC
4GHGTGPEKCU GUETKREKÉP
 GRÉUKVQ FG CKTG
 #N TGHTKIGTCFQT FG CKTG
 #NFGUFG GN TGHTKIGTCFQT FG CEGKVG
/CPWCN FG KPUVTWEEKQPGU

 5KUVGOC GN¾EVTKEQ
)GPGTCNKFCFGU
%QPUWNVG VCODK¾P NCU UGEEKQPGUKCITCOCU GN¾EVTKEQU [%QPGZKQPGU GN¾EVTKECU 
)# C )#%
'N UKUVGOC GN¾EVTKEQ EQPUVC FG NQU EQORQPGPVGU UKIWKGPVGU
%WDÃEWNQ GN¾EVTKEQ GP )# C )#% GLGORNQ VÃRKEQ
4GHGTGPEKC GUKIPCEKÉP
( (WUKDNGU
( (WUKDNGU
(( (WUKDNGU 
UÉNQ GP (WNN(GCVWTG EQP +(
( 4GN¾ FG UQDTGECTIC OQVQT FGN EQORTGUQT
3 KU[WPVQT OQVQT FG XGPVKNCFQT 
EQORTGUQTGU TGHTKIGTCFQU RQT CKTG
- %QPVCEVQT CWZKNKCT RCTC UGECFQT 
UÉNQ GP (WNN(GCVWTG EQP +(
- %QPVCEVQT FG NÃPGC
- %QPVCEVQT FG GUVTGNNC
- %QPVCEVQT FG VTK±PIWNQ
- 4GN¾ FG UGEWGPEKC FG HCUGU
6 6TCPUHQTOCFQT
: 4GINGVC FG DQTPGU 
UWOKPKUVTQ FG VGPUKÉP
:: %QPGEVQTGU
2' $QTPG FG RWGUVC C VKGTTC
/CPWCN FG KPUVTWEEKQPGU

 KCITCOCU GN¾EVTKEQU
KCITCOC FG 'NGMVTQPKMQP +
KCITCOC FG UGTXKEKQ FG )# C )#% EQP 'NGMVTQPKMQP + [ CTTCPECFQT GUVTGNNCVTK±PIWNQ
4GHGTGPEKC GUKIPCEKÉP

 +PUVCNCEKÉP FGN ENKGPVG

 1REKÉP

 1REKÉP UGECFQT OQPQH±UKEQ Q VTKH±UKEQ

 6QFQU NQU XQNVCLGU 
 [  * EQP GZEGREKÉP FG  8   *

  8   *

 %QPGZKÉP GP GUVTGNNC VQFQU NQU FGO±U XQNVCLGU

 %QPGZKÉP GP VTK±PIWNQ  8  *

 #TTCPSWGRCTCFC C FKUVCPEKC

 5QDTGECTIC OQVQT

 2CTCFC FG GOGTIGPEKC

 2CTCFC FG GOGTIGPEKC C FKUVCPEKC

 1REKÉP FG FKURQUKVKXQ GNGEVTÉPKEQ FG FTGPCLG FG CIWC 
'9
/CPWCN FG KPUVTWEEKQPGU

GUKIPCEKQPGU RCTC EQORTGUQTGU 'NGMVTQPKMQP +
4GHGTGPEKC 5GPUQTGUX±NXWNCU FG UQNGPQKFGFKURQUKVKXQ FG FTGPCLG GNGEVTÉPKEQ
26 5GPUQT FG RTGUKÉP UCNKFC FG CKTG
66 5GPUQT FG VGORGTCVWTC UCNKFC FGN GNGOGPVQ
66 5GPUQT FG VGORGTCVWTC RWPVQ FG TQEÃQ 
(WNN(GCVWTG
; 8±NXWNC FG UQNGPQKFG FG ECTIC
4GHGTGPEKC /QVQTGU
/ /QVQT FG CEEKQPCOKGPVQ
/ /QVQT FGN XGPVKNCFQT 
EQORTGUQTGU TGHTKIGTCFQU RQT CKTG
4GHGTGPEKC #TOCTKQ GN¾EVTKEQ )# C )#%
(( (WUKDNGU
( 4GN¾ FG UQDTGECTIC OQVQT FG CEEKQPCOKGPVQ
- %QPVCEVQT FG NÃPGC
- %QPVCEVQT FG GUVTGNNC
- %QPVCEVQT FG VTK±PIWNQ
3 KU[WPVQT OQVQT FG XGPVKNCFQT
- 4GN¾ FG UGEWGPEKC FG HCUGU
6 6TCPUHQTOCFQT
:: 4GINGVCU FG DQTPGU
:: %QPGEVQTGU
4GHGTGPEKC /ÉFWNQ FG EQPVTQN
+ $QVÉP FG CTTCPSWG
- 4GN¾ FG DNQSWGQ
- 4GN¾ CWZKNKCT EQPVCEVQT FG GUVTGNNC
- 4GN¾ CWZKNKCT EQPVCEVQT FG VTK±PIWNQ
- 4GN¾ CWZKNKCT ECTICFGUECTIC
- 4GN¾ CWZKNKCT UGECFQT
- 4GN¾ CWZKNKCT RCTCFC FG CNCTOC
1 $QVÉP FG RCTCFC
5 $QVÉP FG RCTCFC FG GOGTIGPEKC
4GHGTGPEKC 'SWKRQ QREKQPCN RCTC )# C )#%
# 5GECFQT 
(WNN(GCVWTG
$ KURQUKVKXQ GNGEVTÉPKEQ FG FTGPCLG FG CIWC 
'9
4- 2TQVGEEKÉP FG VGTOKUVQT FG OQVQT FG CEEKQPCOKGPVQ RCTCFC FG CNCTOC
4- 2TQVGEEKÉP FG VGTOKUVQT FG OQVQT FG CEEKQPCOKGPVQ CXKUQ
/CPWCN FG KPUVTWEEKQPGU

KCITCOC FG 'NGMVTQPKMQP ++
KCITCOC FG UGTXKEKQ FG )# C )#% EQP 'NGMVTQPKMQP ++ [ CTTCPECFQT GUVTGNNCVTK±PIWNQ
4444 %CNGPVCFQTGU RTQVGEEKÉP EQPVTC EQPIGNCEKÉP
4 %CNGPVCFQTGU CPVKEQPFGPUCEKÉP
5 +PVGTTWRVQT UGRCTCFQT RTKPEKRCN FG GPGTIÃC GN¾EVTKEC
65.. 6GTOQUVCVQ RTQVGEEKÉP EQPVTC EQPIGNCEKÉP FG EWDÃEWNQ
; 8±NXWNC FG UQNGPQKFG
4GHGTGPEKC 'SWKRQ QREKQPCN RCTC )# C )#%
4GHGTGPEKC GUKIPCEKÉP

 +PUVCNCEKÉP FGN ENKGPVG

 1REKÉP

 1REKÉP UGECFQT OQPQH±UKEQ Q VTKH±UKEQ

 6QFQU NQU XQNVCLGU EQP GZEGREKÉP FG  8   *

  8   *

 %QPGZKÉP GP GUVTGNNC VQFQU NQU FGO±U XQNVCLGU

 %QPGZKÉP GP VTK±PIWNQ  8  *

 2CTCFC FG GOGTIGPEKC

 #TTCPSWGRCTCFC C FKUVCPEKC
/CPWCN FG KPUVTWEEKQPGU

GUKIPCEKQPGU RCTC 'NGMVTQPKMQP 

 %CTICFGUECTIC TGOQVC

 GVGEEKÉP RTGUKÉP TGOQVC

 %QPVCEVQ CWZKNKCT -

 2 FGNVC FG HKNVTQ 

 5GNGEEKÉP FG DCPFC FG RTGUKÉP C FKUVCPEKC

 1REKÉP '5

 2CTCFC FG GOGTIGPEKC C FKUVCPEKC

 %QPVCEVQU CWZKNKCTGU
4GHGTGPEKC GUKIPCEKÉP
4GHGTGPEKC 5GPUQTGUX±NXWNCU FG UQNGPQKFGFKURQUKVKXQ FG FTGPCLG GNGEVTÉPKEQ
26 5GPUQT FG RTGUKÉP UCNKFC FG CKTG
66 5GPUQT FG VGORGTCVWTC UCNKFC FGN GNGOGPVQ
66 5GPUQT FG VGORGTCVWTC RWPVQ FG TQEÃQ 
(WNN(GCVWTG EQP +(
; 8±NXWNC FG UQNGPQKFG FG ECTIC
4GHGTGPEKC /QVQTGU
/ /QVQT FG CEEKQPCOKGPVQ
/ /QVQT FGN XGPVKNCFQT 
EQORTGUQTGU TGHTKIGTCFQU RQT CKTG
4GHGTGPEKC #TOCTKQ GN¾EVTKEQ RCTC )# C )#%
( (WUKDNGU
( 4GN¾ FG UQDTGECTIC OQVQT FG CEEKQPCOKGPVQ
- %QPVCEVQT FG NÃPGC
- %QPVCEVQT FG GUVTGNNC
- %QPVCEVQT FG VTK±PIWNQ
- 4GN¾ FG UGEWGPEKC FG HCUGU
3 KU[WPVQT OQVQT FG XGPVKNCFQT
6 6TCPUHQTOCFQTGU
: : 4GINGVCU FG DQTPGU
: %QPGEVQTGU
4GHGTGPEKC /ÉFWNQ FG EQPVTQN
+ $QVÉP FG CTTCPSWG
- 4GN¾ FG DNQSWGQ
- 4GN¾ CWZKNKCT EQPVCEVQT FG GUVTGNNC
- 4GN¾ CWZKNKCT EQPVCEVQT FG VTK±PIWNQ
- 4GN¾ CWZKNKCT ECTICFGUECTIC
- 4GN¾ CWZKNKCT CNVCDCLC RTGUKÉP FG CKTG
- 4GN¾ CWZKNKCT UGECFQT
/CPWCN FG KPUVTWEEKQPGU

 5GECFQT FG CKTG +(
KCITCOC FG HNWLQ
5GECFQT FG CKTG )# JCUVC )#%
- 4GN¾ CWZKNKCT HWPEKQPCOKGPVQ OCPWCNCWVQO±VKEQ
- 4GN¾ CWZKNKCT CXKUQ
- 4GN¾ CWZKNKCT RCTCFC FG CNCTOC
1 $QVÉP FG RCTCFC
5 $QVÉP FG RCTCFC FG GOGTIGPEKC
4GHGTGPEKC 'SWKRQ QREKQPCN RCTC )# C )#%
# 5GECFQT 
(WNN(GCVWTG
#+' /ÉFWNQ FG GZRCPUKÉP GPVTCFC CPCNÉIKEC
$ KURQUKVKXQ GNGEVTÉPKEQ FG FTGPCLG FG CIWC 
'9
-ʼn 4GN¾ CWZKNKCT ECTICFGUECTIC 
QREKÉP '5
- %QPVCEVQT CWZKNKCT EQORTGUQT GP OCTEJC 
QREKÉP '5
25 +PVGTTWRVQT 2 RCTC HKNVTQ 
4- 2TQVGEEKÉP FG VGTOKUVQT FG OQVQT FG CEEKQPCOKGPVQ RCTCFC FG CNCTOC
4- 2TQVGEEKÉP FG VGTOKUVQT FG OQVQT FG CEEKQPCOKGPVQ CXKUQ
4444 %CNGPVCFQTGU RTQVGEEKÉP EQPVTC EQPIGNCEKÉP
4 %CNGPVCFQTGU CPVKEQPFGPUCEKÉP
5 +PVGTTWRVQT UGRCTCFQT RTKPEKRCN FG GPGTIÃC GN¾EVTKEC
6 6TCPUHQTOCFQT UGECFQT
65.. 6GTOQUVCVQ RTQVGEEKÉP EQPVTC EQPIGNCEKÉP FG EWDÃEWNQ
66 5GPUQTGU FG VGORGTCVWTC TGEWRGTCEKÉP FG GPGTIÃC
; 8±NXWNC FG UQNGPQKFG
4GHGTGPEKC /ÉFWNQ FG EQPVTQN
/CPWCN FG KPUVTWEEKQPGU

%KTEWKVQ FG CKTG EQORTKOKFQ
'N CKTG EQORTKOKFQ GPVTC GP GN KPVGTECODKCFQT FG ECNQT 
 [ UG GPHTÃC OGFKCPVG GN CKTG UGECFQ [ HTÃQ SWG
UCNG 'N CIWC FGN CKTG SWG GPVTC GORKGC C EQPFGPUCTUG .WGIQ GN CKTG HNW[G C VTCX¾U FGN KPVGTECODKCFQT
FG ECNQTGXCRQTCFQT 
 FQPFG GN TGHTKIGTCPVG UG GXCRQTC JCEKGPFQ SWG GN CKTG EQPVKPÐG GPHTK±PFQUG
JCUVC CEGTECTUG C NC VGORGTCVWTC FG GXCRQTCEKÉP FGN TGHTKIGTCPVG 5G EQPFGPUC O±U CIWC GP GN CKTG 'N
CKTG HTÃQ RCUC GP UGIWKFC C VTCX¾U FGN UGRCTCFQT 
 FQPFG VQFQ GN EQPFGPUCFQ UG UGRCTC FGN CKTG 'N
EQPFGPUCFQ UG RWTIC CWVQO±VKECOGPVG C VTCX¾U FG NC UCNKFC 

'N CKTG UGECFQ [ HTÃQ RCUC C VTCX¾U FGN KPVGTECODKCFQT FG ECNQT 
 FQPFG UG ECNKGPVC OGFKCPVG GN CKTG SWG
GPVTC
%KTEWKVQ FG TGHTKIGTCPVG
'N EQORTGUQT 
 FGUECTIC ICU TGHTKIGTCPVG ECNKGPVG C CNVC RTGUKÉP SWG HNW[G C VTCX¾U FGN EQPFGPUCFQT 

FQPFG UG EQPFGPUC NC OC[QT RCTVG FGN TGHTKIGTCPVG
'N NÃSWKFQ RCUC C VTCX¾U FGN UGECFQTHKNVTQ FG TGHTKIGTCPVG NÃSWKFQ 
 CN VWDQ ECRKNCT 
 'N TGHTKIGTCPVG UCNG
FGN VWDQ ECRKNCT C RTGUKÉP FG GXCRQTCEKÉP
'N TGHTKIGTCPVG GPVTC GP GN GXCRQTCFQT 
 FQPFG SWKVC ECNQT CN CKTG EQORTKOKFQ OGFKCPVG WPC PWGXC
GXCRQTCEKÉP C RTGUKÉP EQPUVCPVG 'N TGHTKIGTCPVG ECNGPVCFQ UCNG FGN GXCRQTCFQT [ GU CURKTCFQ RQT GN
EQORTGUQT 

.C X±NXWNC FG FGTKXCEKÉP 
 TGIWNC GN HNWLQ FG TGHTKIGTCPVG 'N XGPVKNCFQT 
 NQ EQPGEVC Q FGUEQPGEVC GN
KPVGTTWRVQT 
 UGIÐP GN ITCFQ FG ECTIC FGN EKTEWKVQ FG TGHTKIGTCPVG
2CTC )# C )#% CFGO±U GN OQVQT FGN EQORTGUQT KPEQTRQTC WPC RTQVGEEKÉP V¾TOKEC 5K UG RCTC GN
OQVQT FGN EQORTGUQT FGURW¾U FG FKURCTCT NC RTQVGEEKÉP V¾TOKEC RWGFG SWG RCUGP JCUVC  JQTCU CPVGU FG
SWG UG JC[CP GPHTKCFQ NQU FGXCPCFQU FGN OQVQT
4GHGTGPEKC GUKIPCEKÉP
# )CU TGHTKIGTCPVG
$ .ÃSWKFQ TGHTKIGTCPVG
% %QPFGPUCFQ
#+ 'PVTCFC FG CKTG
#1 5CNKFC FG CKTG
 +PVGTECODKCFQT FG ECNQT CKTGCKTG
 +PVGTECODKCFQT FG ECNQTGXCRQTCFQT CKTGTGHTKIGTCPVG
 5GRCTCFQT FG EQPFGPUCFQ
 5CNKFC FG EQPFGPUCFQ
 %QORTGUQT FG TGHTKIGTCPVG
 %QPFGPUCFQT FG TGHTKIGTCPVG
 5GECFQTHKNVTQ FG TGHTKIGTCPVG NÃSWKFQ
 6WDQ ECRKNCT
 8±NXWNC FG FGTKXCEKÉP FG ICU ECNKGPVG
 8GPVKNCFQT FG TGHTKIGTCEKÉP FG EQPFGPUCFQT
 2TGUQUVCVQ EQPVTQN FGN XGPVKNCFQT
/CPWCN FG KPUVTWEEKQPGU

 4GIWNCFQT 'NGMVTQPKMQP +
 4GIWNCFQT 'NGMVTQPKMQP +
2CPGN FG EQPVTQN
+PVTQFWEEKÉP
'P IGPGTCN GN TGIWNCFQT 'NGMVTQPKMQP GLGEWVC NCU UKIWKGPVGU HWPEKQPGU
Ő %QPVTQNCT GN EQORTGUQT
Ő 2TQVGIGT GN EQORTGUQT
Ő /QPKVQTKCT NQU EQORQPGPVGU UWLGVQU C UGTXKEKQ
Ő #TTCPSWG CWVQO±VKEQ FGURW¾U FG KPVGTTWREKÉP FGN XQNVCLG 
JGEJQ KPCEVKXQ
%QPVTQN CWVQO±VKEQ FGN EQORTGUQT
'N TGIWNCFQT OCPVKGPG NC RTGUKÉP FG NC TGF GPVTG NQU NÃOKVGU RTQITCOCDNGU ECTICPFQ [ FGUECTICPFQ GN
EQORTGUQT CWVQO±VKECOGPVG 5G VKGPG GP EWGPVC WP PÐOGTQ FG CLWUVGU RTQITCOCDNGU R GL NCU RTGUKQPGU
FG FGUECTIC [ ECTIC GN VKGORQ OÃPKOQ FG RCTCFC [ GN PÐOGTQ O±ZKOQ FG CTTCPSWGU FGN OQVQT
'N TGIWNCFQT RCTC GN EQORTGUQT ECFC XG SWG UGC RQUKDNG EQP QDLGVQ FG TGFWEKT GN EQPUWOQ FG GPGTIÃC [
XWGNXG C CTTCPECTNQ CWVQO±VKECOGPVG EWCPFQ DCLG NC RTGUKÉP FG NC TGF
2TQVGIGT GN EQORTGUQT
2CTCFC FG CNCTOC
5K NC VGORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT GZEGFG GN PKXGN FG RCTCFC FG CNCTOC RTQITCOCFQ UG
RCTCT± GN EQORTGUQT 'UVQ UG KPFKEC GP GN FKURNC[ 
 'N EQORTGUQT UG RCTCT± VCODK¾P GP ECUQ FG
UQDTGECTIC FGN OQVQT FG CEEKQPCOKGPVQ
.QU EQORTGUQTGU TGHTKIGTCFQU RQT CKTG VCODK¾P UG FGVGPFT±P GP ECUQ FG UQDTGECTIC FGN OQVQT FGN
XGPVKNCFQT
#XKUQ FG RCTCFC FG CNCTOC
7P PKXGN FG CXKUQ FG RCTCFC FG CNCTOC GU WP PKXGN RTQITCOCDNG DCLQ GN PKXGN FG RCTCFC FG CNCTOC
5K CNIWPC FG NCU OGFKFCU GZEGFG GN PKXGN FG CXKUQ FG RCTCFC FG CNCTOC RTQITCOCFQ UG KPFKECT± GUVQ
VCODK¾P EQP QDLGVQ FG CXKUCT CN QRGTCFQT CPVGU FG SWG UG NNGIWG C FKEJQ PKXGN FG RCTCFC FG CNCTOC
#PVGU FG UQNWEKQPCT EQPUWNVG NCU 2TGECWEKQPGU FG UGIWTKFCF
/CPWCN FG KPUVTWEEKQPGU

#XKUQ FG UGTXKEKQ
5K GN VGORQTKCFQT FG UGTXKEKQ GZEGFG WP XCNQT RTQITCOCFQ UG KPFKECT± GUVQ GP GN FKURNC[ 
 EQP QDLGVQ
FG CXKUCT CN QRGTCFQT SWG NNGXG C ECDQ EKGTVCU CEEKQPGU FG UGTXKEKQ
4GCTTCPSWG CWVQO±VKEQ FGURW¾U FG KPVGTTWREKÉP FGN XQNVCLG
'N TGIWNCFQT KPEQTRQTC WPC HWPEKÉP FG CTTCPSWG CWVQO±VKEQ FGN EQORTGUQT CN TGUVCDNGEGTUG GN XQNVCLG
FGURW¾U FG WPC KPVGTTWREKÉP GN¾EVTKEC KEJC HWPEKÉP GUV± FGUCEVKXCFC GP NQU EQORTGUQTGU SWG UCNGP FG
NC H±DTKEC 0Q QDUVCPVG GU RQUKDNG CEVKXCTNC UK CUÃ UG FGUGC %QPUWNVG C #VNCU %QREQ
 2CPGN FG EQPVTQN
4GIWNCFQT 'NGMVTQPKMQP +
5K UG JC CEVKXCFQ NC HWPEKÉP [ C EQPFKEKÉP FG SWG GN OÉFWNQ UG GPEQPVTCTC GP GN
OQFQ FG HWPEKQPCOKGPVQ CWVQO±VKEQ GN EQORTGUQT XQNXGT± C CTTCPECT
CWVQO±VKECOGPVG UK UG TGUVCDNGEG GN XQNVCLG FG UWOKPKUVTQ CN OÉFWNQ
4GH GUKIPCEKÉP (WPEKÉP
5 $QVÉP FG RCTCFC FG GOGTIGPEKC 2WNUCFQT RCTC RCTCT GN EQORTGUQT CN
KPUVCPVG GP ECUQ FG GOGTIGPEKC
GURW¾U FG UQNWEKQPCT NC CXGTÃC VKTG FGN
DQVÉP RCTC FGUDNQSWGCTNQ [ RWNUG NC VGENC
FG TGCTOG 

 $QVÉP FG RCTCFC 2WNUCFQT RCTC RCTCT GN EQORTGUQT 5G
CRCIC GN .' 
 'N EQORTGUQT UG
RCTCT± FGURW¾U FG HWPEKQPCT GP FGUECTIC
WPQU  UGIWPFQU
 $QVÉP FG CTTCPSWG 2WNUCFQT RCTC CTTCPECT GN EQORTGUQT 'N
.' 
 UG GPEKGPFG NQ SWG KPFKEC SWG
GN TGIWNCFQT GUV± QRGTCVKXQ 
GP
HWPEKQPCOKGPVQ CWVQO±VKEQ
 KURNC[ +PFKEC GN GUVCFQ FG HWPEKQPCOKGPVQ FGN
EQORTGUQT NQU XCNQTGU CEVWCNOGPVG
OGFKFQU [ NQU RCT±OGVTQU RTQITCOCFQU
 6GENC FG TGCTOG 6GENC RCTC TGCTOCT GN VGORQTKCFQT FG
UGTXKEKQ WPC EQPFKEKÉP FG RCTCFC FG
CNCTOC GVE
/CPWCN FG KPUVTWEEKQPGU

 KURNC[
GUETKREKÉP
0QTOCNOGPVG GN FKURNC[ 
 OWGUVTC NQ UKIWKGPVG
Ő 'N GUVCFQ FG HWPEKQPCOKGPVQ FGN EQORTGUQT RQT OGFKQ FG RKEVQITCOCU
Ő .C RTGUKÉP FG UCNKFC FGN CKTG
Ő .C VGORGTCVWTC CEVWCN GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT
Ő .C VGORGTCVWTC CEVWCN FGN RWPVQ FG TQEÃQ FG EQORTGUQTGU (WNN(GCVWTG
'N FKURNC[ KPFKEC VCODK¾P VQFQU NQU RCT±OGVTQU OGFKFQU [ RTQITCOCFQU X¾CUG NC UGEEKÉP GURNCCTUG
RQT VQFCU NCU RCPVCNNCU
 6GENC FG GPVTCFC 6GENC RCTC UGNGEEKQPCT Q XCNKFCT WP
RCT±OGVTQ CDTKT WP UWDFKURNC[ Q XQNXGT C
WP FKURNC[ CPVGTKQT
 .' FG XQNVCLG EQPGEVCFQ +PFKEC SWG GUV± EQPGEVCFQ GN XQNVCLG
 2KEVQITCOC 8QNVCLG EQPGEVCFQ
 .' FG CNCTOC IGPGTCN 'UV± GPEGPFKFQ UK GZKUVG WPC EQPFKEKÉP
FG CXKUQ
 .' FG CNCTOC IGPGTCN 2CTRCFGC GP ECUQ FG WPC EQPFKEKÉP FG
RCTCFC FG CNCTOC Q RCTCFC FG
GOGTIGPEKC
 2KEVQITCOC #NCTOC
 .' FG HWPEKQPCOKGPVQ CWVQO±VKEQ +PFKEC SWG GN TGIWNCFQT EQPVTQNC GN
EQORTGUQT CWVQO±VKECOGPVG GN
EQORTGUQT UG ECTIC FGUECTIC RCTC [
XWGNXG C CTTCPECT UGIÐP GN EQPUWOQ FG
CKTG [ NCU NKOKVCEKQPGU RTQITCOCFCU GP GN
TGIWNCFQT
 2KEVQITCOC (WPEKQPCOKGPVQ CWVQO±VKEQ
 6GENC FG FGURNCCOKGPVQ JCEKC CDCLQ 6GENC RCTC FGURNCCTUG JCEKC CDCLQ RQT
NCU RCPVCNNCU Q RCTC FKUOKPWKT WP CLWUVG
 6GENC FG FGURNCCOKGPVQ JCEKC CTTKDC 6GENC RCTC FGURNCCTUG JCEKC CTTKDC RQT
NCU RCPVCNNCU Q RCTC CWOGPVCT WP CLWUVG
4GH GUKIPCEKÉP (WPEKÉP
/CPWCN FG KPUVTWEEKQPGU

 2KEVQITCOCU WVKNKCFQU GP NC RCPVCNNC
2KEVQITCOCU
 2CPVCNNC RTKPEKRCN
2TQEGFKOKGPVQ
%WCPFQ UG EQPGEVG GN XQNVCLG UG OWGUVTC CWVQO±VKECOGPVG NC 2CPVCNNC RTKPEKRCN OWGUVTC GP DTGXG NC
UKVWCEKÉP FG HWPEKQPCOKGPVQ FGN EQORTGUQT [ NC RTGUKÉP FG UCNKFC
2CPVCNNC RTKPEKRCN GLGORNQ VÃRKEQ
.C RCPVCNNC KPFKEC SWG OCTEJC GN EQORTGUQT GP ECTIC 
RCTRCFGC NC HNGEJC JQTKQPVCN [ SWG NC RTGUKÉP FG
UCNKFC GU FG  DCT
G
%QPUWNVG VCODK¾P NC UGEEKÉP GURNCCTUG RQT VQFCU NCU RCPVCNNCU
2KEVQITCOC GUETKREKÉP
'UVCFQ FG EQORTGUQT %#4)# 
FWTCPVG OCTEJC GP ECTIC RCTRCFGC NC HNGEJC
JQTKQPVCN
'UVCFQ FG EQORTGUQT '5%#4)#
*QTCU FG HWPEKQPCOKGPVQ
6GORGTCVWTC FG UCNKFC FGN GNGOGPVQ
6GORGTCVWTC FGN RWPVQ FG TQEÃQ
/QVQT Q UQDTGECTIC FG OQVQT
$QVÉP FG RCTCFC FG GOGTIGPEKC 
DCT

5KGORTG EQPUWNVG C #VNCU %QREQ UK CRCTGEG V Q VGUV GP GN FKURNC[
/CPWCN FG KPUVTWEEKQPGU

 #XKUQ FG RCTCFC FG CNCTOC
GUETKREKÉP
#RCTGEGT± WPC PQVKEKC FG CXKUQ FG RCTCFC FG CNCTOC GP ECUQ FG
Ő WPC VGORGTCVWTC FGOCUKCFQ CNVC GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT
Ő WPC VGORGTCVWTC FGOCUKCFQ CNVC FGN RWPVQ FG TQEÃQ RCTC EQORTGUQTGU (WNN(GCVWTG
6GORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT
Ő 5K GZEGFG NC VGORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT GN PKXGN FG CXKUQ FG RCTCFC FG CNCTOC

u%   u( PQ RTQITCOCDNG UG GPEGPFGT± GN .' FG CNCTOC 
 [ RCTRCFGCT± GN RKEVQITCOC
EQTTGURQPFKGPVG
2CPVCNNC FG CXKUQ VGORGTCVWTC FG UCNKFC FG GNGOGPVQ
Ő 2WNUG NC VGENC EQP HNGEJC 
 CRCTGEG T 
TGIKUVTQ 
Ő 2WNUG NC VGENC EQP HNGEJC 
 CRCTGEG NC VGORGTCVWTC CEVWCN FGN GNGOGPVQ EQORTGUQT
2CPVCNNC FG CXKUQ VGORGTCVWTC FG UCNKFC FG GNGOGPVQ
.C RCPVCNNC OWGUVTC SWG NC VGORGTCVWTC GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT GU u%
Ő 3WGFC RQUKDNG FGURNCCTUG RQT QVTCU RCPVCNNCU 
EQP C[WFC FG NCU VGENCU  [  RCTC EQORTQDCT GN
GUVCFQ CEVWCN FG QVTQU RCT±OGVTQU
Ő 2WNUG GN DQVÉP 
 RCTC RCTCT GN EQORTGUQT [ GURGTG JCUVC SWG JC[C RCTCFQ GHGEVKXCOGPVG
Ő GUEQPGEVG GN XQNVCLG TGXKUG GN EQORTGUQT [ JCIC NCU IGUVKQPGU PGEGUCTKCU
Ő GUCRCTGEGT± NC PQVKEKC FG CXKUQ VCP RTQPVQ EQOQ FGUCRCTGEC NC EQPFKEKÉP FG CXKUQ
RCTRCFGCPFQ
DCT

RCTRCFGCPFQ
u%
/CPWCN FG KPUVTWEEKQPGU

6GORGTCVWTC FGN RWPVQ FG TQEÃQ
2CTC EQORTGUQTGU EQP UGECFQT KPVGITCFQ
Ő 5K GZEGFG NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ GN PKXGN FG CXKUQ FG RCTCFC FG CNCTOC 
RTQITCOCDNG UG
GPEGPFGT± GN .' FG CNCTOC 
 [ RCTRCFGCT± GN RKEVQITCOC EQTTGURQPFKGPVG
2CPVCNNC FG CXKUQ VGORGTCVWTC FG RWPVQ FG TQEÃQ
Ő 2WNUG NC VGENC EQP HNGEJC 
 CRCTGEG T 
TGIKUVTQ 
Ő 2WNUG NC VGENC EQP HNGEJC 
 CRCTGEG NC VGORGTCVWTC CEVWCN FGN RWPVQ FG TQEÃQ
2CPVCNNC FG CXKUQ VGORGTCVWTC FG UCNKFC FG GNGOGPVQ
.C RCPVCNNC OWGUVTC SWG NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ GU u%
Ő 3WGFC RQUKDNG FGURNCCTUG RQT QVTCU RCPVCNNCU 
EQP C[WFC FG NCU VGENCU  [  RCTC EQORTQDCT GN
GUVCFQ CEVWCN FG QVTQU RCT±OGVTQU
Ő 2WNUG GN DQVÉP 
 RCTC RCTCT GN EQORTGUQT [ GURGTG JCUVC SWG JC[C RCTCFQ GHGEVKXCOGPVG
Ő GUEQPGEVG GN XQNVCLG TGXKUG GN EQORTGUQT [ JCIC NCU IGUVKQPGU PGEGUCTKCU
Ő GUCRCTGEGT± NC PQVKEKC FG CXKUQ VCP RTQPVQ EQOQ FGUCRCTGEC NC EQPFKEKÉP FG CXKUQ
 2CTCFC FG CNCTOC
GUETKREKÉP
'N EQORTGUQT UG RCTCT± GP ECUQ FG
Ő WPC VGORGTCVWTC GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT SWG GZEGFG GN PKXGN FG RCTCFC FG CNCTOC
Ő WP GTTQT FGN UGPUQT FG NC RTGUKÉP FG UCNKFC
Ő UQDTGECTIC FGN OQVQT FG CEEKQPCOKGPVQ
Ő UQDTGECVIC FGN OQVQT FGN XGPVKNCFQT GP EQORTGUQTGU TGHKIGTCFQU RQT CKTG
RCTRCFGCPFQ
DCT

RCTRCFGCPFQ
u%
/CPWCN FG KPUVTWEEKQPGU

6GORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT
Ő 5K GZEGFG NC VGORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT GN PKXGN FG RCTCFC FG CNCTOC 
u%  
u( PQ RTQITCOCDNG UG RCTCT± GN EQORTGUQT RCTRCFGCT± GN .' FG CNCTOC 
 UG CRCICT± GN .' FG
HWPEKQPCOKGPVQ CWVQO±VKEQ 
 [ CRCTGEGT± NC RCPVCNNC UKIWKGPVG
2CPVCNNC FG RCTCFC FG CNCTOC VGORGTCVWTC FG UCNKFC FG GNGOGPVQ
Ő 2WNUG NC VGENC FG GPVTCFC 
 CRCTGEG T 
TGIKUVTQ 
Ő 2WNUG NC VGENC EQP HNGEJC 
 CRCTGEG NC VGORGTCVWTC CEVWCN FGN GNGOGPVQ EQORTGUQT
2CPVCNNC FG RCTCFC FG CNCTOC VGORGTCVWTC FG UCNKFC FG GNGOGPVQ
.C RCPVCNNC OWGUVTC SWG NC VGORGTCVWTC GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT GU u%
Ő GUEQPGEVG GN XQNVCLG [ JCIC NCU IGUVKQPGU PGEGUCTKCU RCTC UQNWEKQPCT NC CXGTÃC
Ő GURW¾U FG TGOGFKCT [ FGUCRCTGEKFC NC EQPFKEKÉP FG RCTCFC FG CNCTOC EQPGEVG GN XQNVCLG [ RQPIC GN
EQORTGUQT GP OCTEJC
5QDTGECTIC FGN OQVQT
Ő 'P ECUQ FG UQDTGECTIC FGN OQVQT UG RCTCT± GN EQORTGUQT RCTRCFGCT± GN .' FG CNCTOC 
 UG
CRCICT± GN .' FG HWPEKQPCOKGPVQ CWVQO±VKEQ 
 [ CRCTGEGT± NC RCPVCNNC UKIWKGPVG
2CPVCNNC FG RCTCFC FG CNCTOC UQDTGECTIC FGN OQVQT
Ő GUEQPGEVG GN XQNVCLG [ JCIC NCU IGUVKQPGU PGEGUCTKCU RCTC UQNWEKQPCT NC CXGTÃC
Ő GURW¾U FG TGOGFKCT [ FGUCRCTGEKFC NC EQPFKEKÉP FG RCTCFC FG CNCTOC EQPGEVG GN XQNVCLG [ RQPIC GN
EQORTGUQT GP OCTEJC
RCTRCFGCPFQ
RCTRCFGCPFQ
u%

RCTRCFGCPFQ
/CPWCN FG KPUVTWEEKQPGU

 #XKUQ FG UGTXKEKQ
GUETKREKÉP
#RCTGEGT± WP CXKUQ FG UGTXKEKQ CN CNECPCT GN VGORQTKCFQT FG UGTXKEKQ GN KPVGTXCNQ FG VKGORQ RTQITCOCFQ
Ő 5K GN VGORQTKCFQT FG UGTXKEKQ GZEGFG GN KPVGTXCNQ RTQITCOCFQ UG GPEGPFGT± GN .' FG CNCTOC 

Ő 2WNUG NC VGENC EQP HNGEJC 
 CRCTGEG T 
TGIKUVTQ  2WNUG NC VGENC FG GPVTCFC 
 CRCTGEG
5 
5GTXKEG  7UG NC VGENC 
 RCTC FGURNCCTUG JCUVC T 
TGIKUVTQ  [ RWNUG NC VGENC
FG GPVTCFC 
 'N CLWUVG FGN VGORQTKCFQT FG UGTXKEKQ UG KPFKEC GP M*TU 
JQTCU Z 
'LGORNQ  KPFKEC SWG GN EQORTGUQT JC HWPEKQPCFQ FWTCPVG  JQTCU FGUFG GN UGTXKEKQ
CPVGTKQT
Ő 2WNUG NC VGENC FG GPVTCFC 
 [ NC VGENC 
 RCTC FGURNCCTUG C T 
TGIKUVTQ  2WNUG NC VGENC

 RCTC XGTKHKECT NCU JQTCU FG HWPEKQPCOKGPVQ ¾UVCU XCP GZRTGUCFCU GP M*TU 
JQTCU Z 
'LGORNQ FG WPC RCPVCNNC FG JQTCU FG HWPEKQPCOKGPVQ
.C RCPVCNNC KPFKEC SWG GN PÐOGTQ FG JQTCU FG HWPEKQPCOKGPVQ GU 
Ő 2CTG GN EQORTGUQT FGUEQPGEVG GN XQNVCLG [ NNGXG C ECDQ NCU CEEKQPGU FG UGTXKEKQ KPFKECFCU %QPUWNVG NC
UGEEKÉP 2TQITCOC FG OCPVGPKOKGPVQ RTGXGPVKXQ
Ő GURW¾U FGN UGTXKEKQ TGCTOG GN VGORQTKCFQT FG UGTXKEKQ %QPUWNVG NC UGEEKÉP +PXQECEKÉPTGCTOG FG
VGORQTKCFQT FG UGTXKEKQ
M*TU

Ő .CU CEEKQPGU FG UGTXKEKQ FG NQU KPVGTXCNQU NCTIQU FGDGP KPENWKT NCU CEEKQPGU FG NQU
KPVGTXCNQU EQTVQU
'P GN GLGORNQ CTTKDC JC[ SWG TGCNKCT VQFCU NCU QRGTCEKQPGU FG UGTXKEKQ
RGTVGPGEKGPVGU CN KPVGTXCNQ FG  JQTCU FG HWPEKQPCOKGPVQ CUÃ EQOQ NCU
RGTVGPGEKGPVGU CN KPVGTXCNQ FG  JQTCU FG HWPEKQPCOKGPVQ
Ő 5K UG WUC CEGKVG OKPGTCN GP XG FG #VNCU %QREQ 4QVQKPLGEVHNWKF JC[ SWG
FKUOKPWKTUG GN KPVGTXCNQ FGN VGORQTKCFQT FG UGTXKEKQ %QPUWNVG NC UGEEKÉP
2TQITCOC FG OCPVGPKOKGPVQ RTGXGPVKXQ
/CPWCN FG KPUVTWEEKQPGU

 GURNCCTUG RQT VQFCU NCU RCPVCNNCU
2CPGN FG EQPVTQN
2CPGN FG EQPVTQN
'U RQUKDNG FGURNCCTUG RQT VQFCU NCU RCPVCNNCU EQP C[WFC FG NCU VGENCU FG FGURNCCOKGPVQ 
 [  .CU
RCPVCNNCU GUV±P FKXKFKFCU GP RCPVCNNCU FG TGIKUVTQU 
T  T  [ RCPVCNNCU FG RCT±OGVTQU

2  2 
WTCPVG GN FGURNCCOKGPVQ NQU PÐOGTQU FG NCU RCPVCNNCU CRCTGEGP EQPUGEWVKXCOGPVG 'P NC OC[QTÃC FG
NQU ECUQU UG OWGUVTCP UKOWNV±PGCOGPVG NC WPKFCF FG OGFKEKÉP [ GN RKEVQITCOC EQTTGURQPFKGPVG EQP GN
PÐOGTQ FG NC RCPVCNNC
'P GN ECUQ FG WP CXKUQ Q WPC RCTCFC FG CNCTOC UG GPEWGPVTC CEEGUKDNG WPC RCPVCNNC FG TGIKUVTQ CFKEKQPCN
T 
'LGORNQ
5G OWGUVTCP GN PÐOGTQ FG NC RCPVCNNC T  NC WPKFCF WUCFC M*TU 
JQTCU Z  [ GN RKEVQITCOC
EQTTGURQPFKGPVG RCTC NCU JQTCU FG HWPEKQPCOKGPVQ 2WNUG NC VGENC FG GPVTCFC 
 RCTC KPXQECT NCU JQTCU FG
HWPEKQPCOKGPVQ CEVWCNGU
4GUWOGP FG NCU RCPVCNNCU
M*TU
T
2CPVCNNC FG
TGIKUVTQ
GUKIPCEKÉP 6GOCU TGNCEKQPCFQU
T *QTCU FG HWPEKQPCOKGPVQ 
Z JTU %QPUWNVG NC UGEEKÉP +PXQECEKÉP FG JQTCU
FG HWPEKQPCOKGPVQ
T *QTCU FG ECTIC 
Z JTU %QPUWNVG NC UGEEKÉP +PXQECEKÉP FG JQTCU
FG ECTIC
/CPWCN FG KPUVTWEEKQPGU

T #TTCPSWGU FGN OQVQT 
Z %QPUWNVG NC UGEEKÉP +PXQECEKÉP FG
CTTCPSWGU FGN OQVQT
T #TTCPSWGU FGN OQVQT 
Z %QPUWNVG NC UGEEKÉP +PXQECEKÉP FG
CTTCPSWGU FGN OQVQT
T .GEVWTC FGN VGORQTKCFQT FG UGTXKEKQ %QPUWNVG NC UGEEKÉP +PXQECEKÉPTGCTOG
FG VGORQTKCFQT FG UGTXKEKQ
T 'UVCFQ FG NC HWPEKÉP TGCTTCPSWG
CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLG
%QPUWNVG NC UGEEKÉP #TTCPSWG CWVQO±VKEQ
FGURW¾U FG HCNNQ FGN XQNVCLG
T 5GTKG RTQITCOCFC FG RCT±OGVTQU %QPUWNVG NC UGEEKÉP 5GTKG FG RCT±OGVTQU
2CPVCNNC FG
RCT±OGVTQU
GUKIPCEKÉP 6GOCU TGNCEKQPCFQU
2 #LWUVG FG RTGUKÉP FG FGUECTIC %QPUWNVG NC UGEEKÉP +PXQECEKÉP
OQFKHKECEKÉP FG RTGUKÉP FG FGUECTIC
2 #LWUVGU FG RTGUKÉP FG ECTIC %QPUWNVG NC UGEEKÉP +PXQECEKÉP
OQFKHKECEKÉP FG RTGUKÉP FG ECTIC
2 0KXGN FG CXKUQ RCTC VGORGTCVWTC FG RWPVQ
FG TQEÃQ
%QPUWNVG NC UGEEKÉP +PXQECEKÉP
OQFKHKECEKÉP FG VGORGTCVWTC FG CXKUQ FG
RWPVQ FG TQEÃQ
2 #LWUVG FG VGORQTKCFQT FG UGTXKEKQ %QPUWNVG NC UGEEKÉP +PXQECEKÉP
OQFKHKECEKÉP FG CLWUVG FG VGORQTKCFQT
FG UGTXKEKQ
2 #LWUVG FG WPKFCF FG RTGUKÉP %QPUWNVG NC UGEEKÉP +PXQECEKÉP
OQFKHKECEKÉP FG WPKFCF FG RTGUKÉP
2 #LWUVG FG WPKFCF FG VGORGTCVWTC %QPUWNVG NC UGEEKÉP +PXQECEKÉP
OQFKHKECEKÉP FG WPKFCF FG VGORGTCVWTC
2 5GNGEEKÉP GPVTG CTTCPSWG ; Q 1. %QPUWNVG NC UGEEKÉP 5GNGEEKÉP GPVTG
CTTCPSWG ; Q 1.
2 5GNGEEKÉP FG HWPEKÉP TGCTTCPSWG
CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLG

CEVKXQ Q PQ ÐPKECOGPVG RCTC #VNCU
%QREQ
%QPUWNVG NC UGEEKÉP #EVKXCT TGCTTCPSWG
CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLG
2 5GNGEEKÉP GPVTG EQPVTQN .QECN Q 4GOQVQ %QPUWNVG NC UGEEKÉP 5GNGEEKÉP GPVTG
EQPVTQN NQECN Q TGOQVQ
2 /QFKHKECT UGTKG FG RCT±OGVTQU
RTQITCOCFQU 
ÐPKECOGPVG RCTC #VNCU
%QREQ
%QPUWNVG NC UGEEKÉP /QFKHKECEKÉP FG UGTKG
FG RCT±OGVTQU
2CPVCNNC FG
TGIKUVTQ
GUKIPCEKÉP 6GOCU TGNCEKQPCFQU
/CPWCN FG KPUVTWEEKQPGU

(NWLQ FG OGPÐU
(NWLQ UKORNKHKECFQ FG OGPÐU
/CPWCN FG KPUVTWEEKQPGU

 +PXQECEKÉP FG VGORGTCVWTCU FG UCNKFC [ RWPVQ FG TQEÃQ
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC EQP HNGEJC 
 UG OQUVTCT± NC VGORGTCVWTC FG UCNKFC
.C RCPVCNNC OWGUVTC SWG NC VGORGTCVWTC FG UCNKFC GU u%
Ő 2WNUG NC VGENC EQP HNGEJC 
 UG OQUVTCT± NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ
.C RCPVCNNC OWGUVTC SWG NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ GU  u%
Ő GURN±EGUG JCEKC CDCLQ Q CTTKDC RQT NCU RCPVCNNCU EQP C[WFC FG NCU VGENCU EQP HNGEJC 
 [ 
DCT

u%

u%
/CPWCN FG KPUVTWEEKQPGU

 +PXQECEKÉP FG JQTCU FG HWPEKQPCOKGPVQ
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC


.C RCPVCNNC OWGUVTC NC WPKFCF WUCFC M*TU 
JQTCU Z  [ GN XCNQT   NCU JQTCU FG ECTIC FGN
EQORTGUQT UQP  JQTCU
 +PXQECEKÉP FG JQTCU FG ECTIC
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
DCT

M*TU
/CPWCN FG KPUVTWEEKQPGU

Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC


.C RCPVCNNC OWGUVTC NC WPKFCF WUCFC M*TU 
JQTCU Z  [ GN XCNQT   NCU JQTCU FG ECTIC FGN
EQORTGUQT UQP  JQTCU
 +PXQECEKÉP FG CTTCPSWGU FGN OQVQT
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC


'UVC RCPVCNNC OWGUVTC GN PÐOGTQ FG CTTCPSWGU FGN OQVQT OWNVKRNKECFQ RQT  2WNUG NC VGENC FG GPVTCFC

 RCTC XQNXGT C NCU RCPVCNNCU FG TGIKUVTQU
Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC


DCT

M*TU

DCT
/CPWCN FG KPUVTWEEKQPGU

'UVC RCPVCNNC OWGUVTC GN PÐOGTQ FG CTTCPSWGU FGN OQVQT RQT CÇCFKT CN XCNQT KPFKECFQ GP GN TGIKUVTQ
T  'P GN RTGUGPVG GLGORNQ GN PÐOGTQ FG CTTCPSWGU FGN OQVQT GU FG 
 +PXQECEKÉPTGCTOG FG VGORQTKCFQT FG UGTXKEKQ
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC


.C RCPVCNNC OWGUVTC NC WPKFCF WUCFC M*TU 
JQTCU Z  [ GN XCNQT   GN EQORTGUQT JC
HWPEKQPCFQ FWTCPVG  JQTCU FGUFG GN UGTXKEKQ CPVGTKQT
4GCTOG FGN VGORQTKCFQT FG UGTXKEKQ
*C[ SWG TGCTOCT GN VGORQTKCFQT FGURW¾U FGN UGTXKEKQ X¾CUG NC UGEEKÉP #XKUQ FG UGTXKEKQ
Ő GURN±EGUG C NC RCPVCNNC FG TGIKUVTQ T  CRCTGEGT± GN XCNQT 
RGL 
Ő 2WNUG NC VGENC FG TGCTOG 
 RCTRCFGCT± GN XCNQT 
NQ SWG KPFKEC SWG GU RQUKDNG TGCTOCTNQ
Ő 2WNUG NC VGENC FG GPVTCFC 
 RCTC TGCTOCT GN VGORQTKCFQT C  Q RWNUG NC VGENC FG TGCTOG 

RCTC ECPEGNCT NC QRGTCEKÉP

DCT

M*TU
/CPWCN FG KPUVTWEEKQPGU

 4GCTTCPSWG CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLG
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC 

Ő 5K CRCTGEG   PQ GUV± CEVKXC NC HWPEKÉP ŋ4GCTTCPSWG CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLGŌ
Ő 5K CRCTGEG   GUV± CEVKXC NC HWPEKÉP ŋ4GCTTCPSWG CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLGŌ
 5GTKG FG RCT±OGVTQU
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC 

GN PÐOGTQ OQUVTCFQ KPFKEC NC UGTKG FG RCT±OGVTQU RTQITCOCFQU GP NC H±DTKEC
DCT

DCT
/CPWCN FG KPUVTWEEKQPGU

 +PXQECEKÉPOQFKHKECEKÉP FG RTGUKÉP FG FGUECTIC
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC


.C RCPVCNNC KPFKEC GN CLWUVG FG NC RTGUKÉP FG FGUECTIC  DCT
G
Ő /QFKHKSWG FKEJQ CLWUVG EQP C[WFC FG NCU VGENCU EQP HNGEJC 
 [ 
Ő 2WNUG NC VGENC FG GPVTCFC 
 RCTC RTQITCOCT GN PWGXQ XCNQT [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU
 +PXQECEKÉPOQFKHKECEKÉP FG RTGUKÉP FG ECTIC
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
DCT

DCT
/CPWCN FG KPUVTWEEKQPGU

Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC


.C RCPVCNNC KPFKEC GN CLWUVG FG NC RTGUKÉP FG ECTIC  DCT
G
Ő /QFKHKSWG FKEJQ CLWUVG EQP C[WFC FG NCU VGENCU EQP HNGEJC 
 [ 
Ő 2WNUG NC VGENC FG GPVTCFC 
 RCTC RTQITCOCT GN PWGXQ XCNQT [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU
 +PXQECEKÉPOQFKHKECEKÉP FG VGORGTCVWTC FG CXKUQ FG RWPVQ FG
TQEÃQ
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC


DCT

DCT

DCT

u%
/CPWCN FG KPUVTWEEKQPGU

.C RCPVCNNC OWGUVTC GN CLWUVG FG CXKUQ RCTC NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ  %
Ő /QFKHKSWG FKEJQ CLWUVG EQP C[WFC FG NCU VGENCU EQP HNGEJC 
 [ 
Ő 2WNUG NC VGENC FG GPVTCFC 
 RCTC RTQITCOCT GN PWGXQ XCNQT [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU
 +PXQECEKÉPOQFKHKECEKÉP FG CLWUVG FG VGORQTKCFQT FG
UGTXKEKQ
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC

 GN CLWUVG FGN VGORQTKCFQT FG UGTXKEKQ UG KPFKEC GP M*TU 
JQTCU Z  'LGORNQ 
UKIPKHKEC SWG GN VGORQTKCFQT UG GPEWGPVTC CLWUVCFQ C  JQTCU FG HWPEKQPCOKGPVQ
Ő /QFKHKSWG FKEJQ CLWUVG EQP C[WFC FG NCU VGENCU EQP HNGEJC 
 [ 
Ő 2WNUG NC VGENC FG GPVTCFC 
 RCTC RTQITCOCT GN PWGXQ XCNQT [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU
 +PXQECEKÉPOQFKHKECEKÉP FG WPKFCF FG RTGUKÉP
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
DCT
/CPWCN FG KPUVTWEEKQPGU

Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC

 UG OWGUVTCP NQU CLWUVGU RQUKDNGU /RC  RUK [ DCT  RCTRCFGC NC WPKFCF SWG UG WUC GP
TGCNKFCF
Ő 5G RWGFG UGNGEEKQPCT QVTC WPKFCF FG RTGUKÉP EQP C[WFC FG NCU VGENCU EQP HNGEJC 
 [ 
Ő 2WNUG NC VGENC FG GPVTCFC 
 RCTC RTQITCOCT NC PWGXC WPKFCF [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU
 +PXQECEKÉPOQFKHKECEKÉP FG WPKFCF FG VGORGTCVWTC
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC

 UG OWGUVTCP NQU CLWUVGU RQUKDNGU u% [ u(  RCTRCFGC NC WPKFCF SWG UG WUC GP TGCNKFCF
Ő 2WGFG UGNGEEKQPCT QVTC WPKFCF FG VGORGTCVWTC EQP NCU VGENCU EQP HNGEJC 
 [ 
Ő 2WNUG NC VGENC FG GPVTCFC 
 RCTC RTQITCOCT NC PWGXC WPKFCF [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU
DCT

DCT
/CPWCN FG KPUVTWEEKQPGU

 5GNGEEKÉP GPVTG CTTCPSWG ; Q 1.
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC

 'N OQFQ FG CTTCPSWG WVKNKCFQ CEVWCNOGPVG RCTRCFGC  RCTC ; 
GUVTGNNCVTK±PIWNQ Q 
RCTC 1. 
FKTGEVQ
Ő 5G RWGFG UGNGEEKQPCT QVTQ OQFQ FG CTTCPSWG EQP C[WFC FG NCU VGENCU EQP HNGEJC 
 [ 
Ő 2WNUG NC VGENC FG GPVTCFC 
 RCTC RTQITCOCT GN PWGXQ OQFQ FG CTTCPSWG [ XQNXGT C NCU RCPVCNNCU FG
RCT±OGVTQU
 #EVKXCT TGCTTCPSWG CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLG
GUETKREKÉP
5ÉNQ GU RQUKDNG OQFKHKECT GUVG RCT±OGVTQ SWG GU CEEGUKDNG GP NC RCPVCNNC 2  FGURW¾U FG
KPVTQFWEKT WPC EQPVTCUGÇC %QPUWNVG C #VNCU %QREQ UK FGUGC CEVKXCT GUVC HWPEKÉP
 5GNGEEKÉP GPVTG EQPVTQN NQECN Q TGOQVQ
2CPGN FG EQPVTQN
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN
DCT
/CPWCN FG KPUVTWEEKQPGU

Ő 2WNUG NC VGENC EQP HNGEJC 
 JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC

 'N OQFQ FG CTTCPSWG WVKNKCFQ CEVWCNOGPVG RCTRCFGC  RCTC OQFQ FG EQPVTQN NQECN Q 
RCTC OQFQ FG EQPVTQN C FKUVCPEKC
Ő 5G RWGFG UGNGEEKQPCT QVTQ OQFQ EQP C[WFC FG NCU VGENCU EQP HNGEJC 
 [ 
Ő 2WNUG NC VGENC FG GPVTCFC 
 RCTC RTQITCOCT GN PWGXQ OQFQ FG EQPVTQN [ XQNXGT C NCU RCPVCNNCU FG
RCT±OGVTQU
 /QFKHKECEKÉP FG UGTKG FG RCT±OGVTQU
GUETKREKÉP
5ÉNQ GU RQUKDNG OQFKHKECT GUVG RCT±OGVTQ SWG GU CEEGUKDNG GP NC RCPVCNNC 2  FGURW¾U FG
KPVTQFWEKT WPC EQPVTCUGÇC
 #LWUVGU
2TGUKQPGU FG FGUECTICECTIC 
EQORTGUQTGU FG  *
DCT

2TGUKÉP FG FGUECTIC #LWUVG
OÃPKOQ
#LWUVG FG
H±DTKEC
#LWUVG
O±ZKOQ
 DCT DCT
G   
 DCT (WNN(GCVWTG DCT
G   
 DCT DCT
G   
 DCT (WNN(GCVWTG DCT
G   
 DCT DCT
G   
 DCT (WNN(GCVWTG DCT
G   
2TGUKÉP FG FGUECTIC #LWUVG
OÃPKOQ
#LWUVG FG
H±DTKEC
#LWUVG
O±ZKOQ
 DCT RUKI   
 DCT (WNN(GCVWTG RUKI   
 DCT RUKI   
 DCT (WNN(GCVWTG RUKI   
 DCT RUKI   
 DCT (WNN(GCVWTG RUKI
/CPWCN FG KPUVTWEEKQPGU

2TGUKQPGU FG FGUECTICECTIC 
EQORTGUQTGU FG  *
2TGUKÉP FG ECTIC #LWUVG
OÃPKOQ
#LWUVG FG
H±DTKEC
#LWUVG
O±ZKOQ
 DCT DCT
G   
 DCT (WNN(GCVWTG DCT
G   
 DCT DCT
G   
 DCT (WNN(GCVWTG DCT
G   
 DCT DCT
G   
 DCT (WNN(GCVWTG DCT
G   
2TGUKÉP FG ECTIC #LWUVG
OÃPKOQ
#LWUVG FG
H±DTKEC
#LWUVG
O±ZKOQ
 DCT RUKI   
 DCT (WNN(GCVWTG RUKI   
 DCT RUKI   
 DCT (WNN(GCVWTG RUKI   
 DCT RUKI   
 DCT (WNN(GCVWTG RUKI   
2TGUKÉP FG FGUECTIC #LWUVG
OÃPKOQ
#LWUVG FG
H±DTKEC
#LWUVG
O±ZKOQ
 RUK DCT
G   
 RUK (WNN(GCVWTG DCT
G   
 RUK DCT
G   
 RUK (WNN(GCVWTG DCT
G   
 RUK DCT
G   
 RUK (WNN(GCVWTG DCT
G   
 RUK DCT
G   
 RUK (WNN(GCVWTG DCT
G   
2TGUKÉP FG FGUECTIC #LWUVG
OÃPKOQ
#LWUVG FG
H±DTKEC
#LWUVG
O±ZKOQ
 RUK RUKI   
 RUK (WNN(GCVWTG RUKI   
 RUK RUKI   
 RUK (WNN(GCVWTG RUKI   
 RUK RUKI   
 RUK (WNN(GCVWTG RUKI   
 RUK RUKI   
 RUK (WNN(GCVWTG RUKI
/CPWCN FG KPUVTWEEKQPGU

/ÃPKOC FKHGTGPEKC FG RTGUKÉP TGEQOGPFCFC
.C OÃPKOC FKHGTGPEKC FG RTGUKÉP TGEQOGPFCFC GPVTG ECTIC [ FGUECTIC GU FG  DCT RUKI
6GORGTCVWTC FG UCNKFC FGN GNGOGPVQ
.QU CLWUVGU RCTC CXKUQ 
 u% u( [ RCTCFC FG CNCTOC 
 u% u( PQ UQP RTQITCOCDNGU
6GORGTCVWTC FGN RWPVQ FG TQEÃQ
'N CLWUVG FG CXKUQ PQOKPCN GU u % 
u (
2TGUKÉP FG ECTIC #LWUVG
OÃPKOQ
#LWUVG FG
H±DTKEC
#LWUVG
O±ZKOQ
 RUK DCT
G   
 RUK (WNN(GCVWTG DCT
G   
 RUK DCT
G   
 RUK (WNN(GCVWTG DCT
G   
 RUK DCT
G   
 RUK (WNN(GCVWTG DCT
G   
 RUK DCT
G   
 RUK (WNN(GCVWTG DCT
G   
2TGUKÉP FG ECTIC #LWUVG
OÃPKOQ
#LWUVG FG
H±DTKEC
#LWUVG
O±ZKOQ
 RUK RUKI   
 RUK (WNN(GCVWTG RUKI   
 RUK RUKI   
 RUK (WNN(GCVWTG RUKI   
 RUK RUKI   
 RUK (WNN(GCVWTG RUKI   
 RUK RUKI   
 RUK (WNN(GCVWTG RUKI
/CPWCN FG KPUVTWEEKQPGU

 4GIWNCFQT 'NGMVTQPKMQP ++
 4GIWNCFQT 'NGMVTQPKMQPs
++
2CPGN FG EQPVTQN
)GPGTCNKFCFGU
'P IGPGTCN GN TGIWNCFQT 'NGMVTQPKMQP GLGEWVC NCU UKIWKGPVGU HWPEKQPGU
Ő %QPVTQNCT GN EQORTGUQT
Ő 2TQVGIGT GN EQORTGUQT
Ő /QPKVQTKCT NQU EQORQPGPVGU UWLGVQU C UGTXKEKQ
Ő #TTCPSWG CWVQO±VKEQ FGURW¾U FG KPVGTTWREKÉP FGN XQNVCLG 
JGEJQ KPCEVKXQ
%QPVTQN CWVQO±VKEQ FG HWPEKQPCOKGPVQ FGN EQORTGUQT
'N TGIWNCFQT OCPVKGPG NC RTGUKÉP FG NC TGF GPVTG NQU NÃOKVGU RTQITCOCDNGU ECTICPFQ [ FGUECTICPFQ GN
EQORTGUQT CWVQO±VKECOGPVG 5G VKGPG GP EWGPVC WP PÐOGTQ FG CLWUVGU RTQITCOCDNGU R GL NCU RTGUKQPGU
FG FGUECTIC [ ECTIC GN VKGORQ OÃPKOQ FG RCTCFC [ GN PÐOGTQ O±ZKOQ FG CTTCPSWGU FGN OQVQT
'N TGIWNCFQT RCTC GN EQORTGUQT ECFC XG SWG UGC RQUKDNG EQP QDLGVQ FG TGFWEKT GN EQPUWOQ FG GPGTIÃC [
XWGNXG C CTTCPECTNQ CWVQO±VKECOGPVG EWCPFQ DCLG NC RTGUKÉP FG NC TGF %CUQ FG UGT FGOCUKCFQ DTGXG GN
RGTÃQFQ FG FGUECTIC RTGXKUVQ GN EQORTGUQT UKIWG HWPEKQPCPFQ C HKP FG GXKVCT RGTÃQFQU FG RCTCFC
FGOCUKCFQ DTGXGU
2TQVGIGT GN EQORTGUQT
2CTCFC FG CNCTOC
5K NC VGORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT GZEGFG GN PKXGN FG RCTCFC FG CNCTOC RTQITCOCFQ UG
RCTCT± GN EQORTGUQT 'UVQ UG KPFKEC GP GN FKURNC[ 
 [ RCTRCFGCT± GN .' FG CNCTOC IGPGTCN 

'N EQORTGUQT UG RCTCT± VCODK¾P GP ECUQ FG UQDTGECTIC FG NQU UKIWKGPVGU EQORQPGPVGU
Ő /QVQT FG CEEKQPCOKGPVQ
Ő /QVQT FG XGPVKNCFQT
'U RQUKDNG RTQITCOCT WP PÐOGTQ FG OCPFQU FG CTTCPSWG CWVQO±VKEQRCTCFC SWG
CEVÐCP GP WP VKGORQ FCFQ 6GPIC GP EWGPVC SWG UG GLGEWVCT± WP OCPFQ FG CTTCPSWG

UK GUV± RTQITCOCFQ [ CEVKXCFQ KPENWUQ FGURW¾U FG RCTCT GN EQORTGUQT
OCPWCNOGPVG
/CPWCN FG KPUVTWEEKQPGU

5QNWEKQPG GN RTQDNGOC [ TGCTOG NC PQVKEKC %QPUWNVG VCODK¾P GN /GPÐ CVQU FG GUVCFQ
#XKUQ FG RCTCFC FG CNCTOC
7P PKXGN FG CXKUQ FG RCTCFC FG CNCTOC GU WP PKXGN RTQITCOCDNG DCLQ GN PKXGN FG RCTCFC FG CNCTOC
5K NC VGORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT UWRGTC GN PKXGN FG CXKUQ FG RCTCFC FG CNCTOC
RTQITCOCFQ CRCTGEGT± WPC PQVKEKC GP GN FKURNC[ 
 [ UG GPEGPFGT± GN .' FG CNCTOC IGPGTCN 
 EQP
QDLGVQ FG CXKUCT CN QRGTCFQT FG SWG UG GZEGFG GN PKXGN FG CXKUQ FG RCTCFC FG CNCTOC
'N OGPUCLG FGUCRCTGEG GP EWCPVQ FGUCRCTGEG NC EQPFKEKÉP FG CXKUQ
#XKUQ FG UGTXKEKQ
7PC UGTKG FG CEEKQPGU FG UGTXKEKQ UG CITWRCP 
GP NQU NNCOCFQU 2NCPGU FG 5GTXKEKQ # $ % GVE %CFC
2NCP FG 5GTXKEKQ VKGPG WP KPVGTXCNQ FG VKGORQ RTQITCOCFQ 5K UG GZEGFG CNIÐP KPVGTXCNQ CRCTGEGT± WPC
PQVKEKC GP GN FKURNC[ 
 EQP QDLGVQ FG CXKUCT CN QRGTCFQT FG SWG NNGXG C ECDQ NCU CEEKQPGU FG UGTXKEKQ
RGTVGPGEKGPVGU C FKEJQ RNCP
#XKUQ
6CODK¾P CRCTGEG WPC PQVKEKC FG CXKUQ UK
Ő 'P EQORTGUQTGU (WNN(GCVWTG EQP UGECFQT +( NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ GU FGOCUKCFQ CNVC GP
TGNCEKÉP EQP NC VGORGTCVWTC CODKGPVG
4GCTTCPSWG CWVQO±VKEQ FGURW¾U FG KPVGTTWREKÉP FGN XQNVCLG
'N TGIWNCFQT KPEQTRQTC WPC HWPEKÉP FG CTTCPSWG CWVQO±VKEQ FGN EQORTGUQT CN TGUVCDNGEGTUG GN XQNVCLG
FGURW¾U FG WPC KPVGTTWREKÉP GN¾EVTKEC KEJC HWPEKÉP GUV± FGUCEVKXCFC GP NQU EQORTGUQTGU SWG UCNGP FG
NC H±DTKEC 0Q QDUVCPVG GU RQUKDNG CEVKXCTNC UK CUÃ UG FGUGC %QPUWNVG C #VNCU %QREQ
#PVGU FG UQNWEKQPCT EQPUWNVG NCU 2TGECWEKQPGU FG UGIWTKFCF
5K GUV± CEVKXCFC NC HWPEKÉP [ UKGORTG SWG GN TGIWNCFQT UG GPEWGPVTG GP GN OQFQ FG
HWPEKQPCOKGPVQ CWVQO±VKEQ GN EQORTGUQT XQNXGT± C CTTCPECT CWVQO±VKECOGPVG UK GN
XQNVCLG FG UWOKPKUVTQ CN OÉFWNQ UG TGUVCDNGEG FGPVTQ FGN RGTÃQFQ RTQITCOCFQ
'N VKGORQ FG TGUVCDNGEKOKGPVQ FG RQVGPEKC 
GN RGTÃQFQ GP GN SWG FGDG TGUVCDNGEGTUG GN
XQNVCLG RCTC RQFGT CTTCPECT CWVQO±VKECOGPVG RWGFG CLWUVCTUG GPVTG  [ 
UGIWPFQU Q CN +PHKPKVQ 5K GN VKGORQ FG TGUVCDNGEKOKGPVQ FG RQVGPEKC UG GPEWGPVTC
CLWUVCFQ CN +PHKPKVQ GN EQORTGUQT XQNXGT± C CTTCPECT UKGORTG FGURW¾U FG WPC
KPVGTTWREKÉP FGN XQNVCLG KPFGRGPFKGPVGOGPVG FG NQ SWG UG VCTFG GP TGUVCDNGEGTNQ
6CODK¾P GU RQUKDNG RTQITCOCT WP TGVTCUQ FG TGCTTCPSWG JCEKGPFQ SWG XWGNXCP C
CTTCPECT RQT GLGORNQ FQU EQORTGUQTGU FG HQTOC EQPUGEWVKXC
/CPWCN FG KPUVTWEEKQPGU

 2CPGN FG EQPVTQN
4GIWNCFQT 'NGMVTQPKMQP
2CTVGU [ HWPEKQPGU
4GHGTGPEKC GUKIPCEKÉP (WPEKÉP
 $QVÉP FG CTTCPSWG $QVÉP RCTC CTTCPECT GN EQORTGUQT 'N .' 
 UG
GPEKGPFG RCTC KPFKECT SWG GN TGIWNCFQT
'NGMVTQPKMQP GUV± QRGTCVKXQ
 KURNC[ /WGUVTC OGPUCLGU UQDTG GN GUVCFQ FG
HWPEKQPCOKGPVQ FGN EQORTGUQT NC PGEGUKFCF FG
UGTXKEKQ Q WP HCNNQ
 6GENCU FG FGURNCCOKGPVQ 6GENCU RCTC FGURNCCTUG JCEKC CTTKDC Q CDCLQ RQT GN
FKURNC[
 6GENC FG VCDWNCEKÉP 6GENC RCTC UGNGEEKQPCT GN RCT±OGVTQ KPFKECFQ RQT NC
HNGEJC JQTKQPVCN 5QNCOGPVG RWGFGP OQFKHKECTUG
NQU RCT±OGVTQU UGIWKFQU FG WPC HNGEJC SWG UGÇCNG
C NC FGTGEJC
 6GENCU FG HWPEKÉP 6GENCU RCTC IQDGTPCT [ RTQITCOCT GN EQORTGUQT
 .' FG XQNVCLG EQPGEVCFQ +PFKEC SWG GUV± EQPGEVCFQ GN XQNVCLG
 .' FG CNCTOC IGPGTCN 'UV± GPEGPFKFQ UK GZKUVG WP GUVCFQ FG CXKUQ CXKUQ
FG UGTXKEKQ Q CXKUQ FG RCTCFC FG CNCTOC
 .' FG CNCTOC IGPGTCN 2CTRCFGC UK GZKUVG WPC EQPFKEKÉP FG RCTCFC FG
CNCTOC UK UG JC TQVQ WP UGPUQT KORQTVCPVG Q
FGURW¾U FG WPC RCTCFC FG GOGTIGPEKC
 .' FG HWPEKQPCOKGPVQ CWVQO±VKEQ +PFKEC SWG GN TGIWNCFQT GUV± EQPVTQNCPFQ GN
EQORTGUQT CWVQO±VKECOGPVG
 $QVÉP FG RCTCFC $QVÉP RCTC RCTCT GN EQORTGUQT 5G CRCIC GN .'

 'N EQORTGUQT UG RCTCT± FGURW¾U FG HWPEKQPCT
GP FGUECTIC WPQU  UGIWPFQU
5 $QVÉP FG RCTCFC FG GOGTIGPEKC 2WNUCFQT RCTC RCTCT GN EQORTGUQT CN KPUVCPVG GP
ECUQ FG GOGTIGPEKC GURW¾U FG UQNWEKQPCT NC
CXGTÃC NKDGTG GN DQVÉP VKTCPFQ FG ¾N
/CPWCN FG KPUVTWEEKQPGU

 6GENCU FG HWPEKÉP
2CPGN FG EQPVTQN
6GENCU FG HWPEKÉP
.CU VGENCU 
 UG WUCP RCTC
Ő %CTICTFGUECTICT GN EQORTGUQT C OCPQ
Ő +PXQECT Q RTQITCOCT CLWUVGU
Ő 4GCTOCT WPC PQVKEKC FG UQDTGECTIC FGN OQVQT RCTCFC FG CNCTOC Q UGTXKEKQ Q WPC RCTCFC FG
GOGTIGPEKC
Ő #EEGFGT C VQFQU NQU FCVQU TGEQIKFQU RQT GN TGIWNCFQT
.CU HWPEKQPGU FG NCU VGENCU XCTÃCP UGIÐP GN OGPÐ SWG UG OWGUVTC .C HWPEKÉP TGCN UG KPFKEC LWUVQ GPEKOC
FG NC VGENC EQTTGURQPFKGPVG # EQPVKPWCEKÉP UG EKVCP NCU HWPEKQPGU O±U EQOWPGU
GUKIPCEKÉP (WPEKÉP
#ÇCF #ÇCFG EQOCPFQU FG CTTCPSWGRCTCFC FGN EQORTGUQT 
FÃCJQTC
#VT± 8WGNXG C WPC QREKÉP Q WP OGPÐ SWG UG JC OQUVTCFQ CPVGU
%CPE %CPEGNC WP CLWUVG RTQITCOCFQ CN RTQITCOCT RCT±OGVTQU
ň$QTTʼn $QTTC EQOCPFQU FG CTTCPSWGRCTCFC FGN EQORTGUQT
#[WF 8C C NC FKTGEEKÉP FG #VNCU %QREQ GP +PVGTPGV
ň.ÃOʼn /WGUVTC NQU NÃOKVGU RCTC WP CLWUVG RTQITCOCDNG
%CTI %CTICT GN EQORTGUQT C OCPQ
2TKP 8QNXGT FGUFG WP OGPÐ C NC RCPVCNNC RTKPEKRCN
/GPÐ 'ORGCPFQ FGUFG NC RCPVCNNC RTKPEKRCN QDVKGPG CEEGUQ C NQU UWDOGPÐU
/GPÐ 'ORGCPFQ FGUFG WP UWDOGPÐ XWGNXG C WP OGPÐ CPVGTKQT
ň/QFʼn /QFKHKEC CLWUVGU RTQITCOCDNGU
2TQI 2TQITCOC CLWUVGU OQFKHKECFQU
4GCT 4GCTOC WP VGORQTKCFQT Q WP OGPUCLG
8NXT 8WGNXG C WPC QREKÉP Q WP OGPÐ SWG UG JC OQUVTCFQ CPVGU
GUE GUECTICT GN EQORTGUQT C OCPQ
'ZVT 'PEQPVTCT NC EQPHKIWTCEKÉP FGN OÉFWNQ FGN TGIWNCFQT
/CPWCN FG KPUVTWEEKQPGU

 6GENCU FG FGURNCCOKGPVQ
2CPGN FG EQPVTQN
.CU VGENCU 
 RGTOKVGP SWG GN WUWCTKQ UG FGURNCEG RQT GN FKURNC[
/KGPVTCU UG OWGUVTG GP NC RQUKEKÉP FGTGEJC FGN FKURNC[ WPC HNGEJC SWG UGÇCNG JCEKC CDCLQ RWGFG WUCTUG
NC VGENC FG FGURNCCOKGPVQ EQP GN OKUOQ UÃODQNQ RCTC FGURNCCTUG CN EQORQPGPVG UKIWKGPVG
/KGPVTCU UG OWGUVTG GP NC RQUKEKÉP FGTGEJC FGN FKURNC[ WPC HNGEJC SWG UGÇCNG JCEKC CTTKDC RWGFG WUCTUG
NC VGENC FG FGURNCCOKGPVQ EQP GN OKUOQ UÃODQNQ RCTC FGURNCCTUG CN EQORQPGPVG CPVGTKQT
 $QVÉP FG RCTCFC FG GOGTIGPEKC
2CPGN FG EQPVTQN
2CTC RCTCT GN EQORTGUQT KPOGFKCVCOGPVG GP ECUQ FG GOGTIGPEKC RWNUG GN DQVÉP FG RCTCFC FG GOGTIGPEKC

5
#PVGU FG GORGCT GN OCPVGPKOKGPVQ Q TGRCTCEKÉP GURGTG JCUVC SWG JC[C RCTCFQ GN
EQORTGUQT [ CDTC GN KPVGTTWRVQT UGRCTCFQT 
KPUVCNCEKÉP FGN ENKGPVG RCTC FGUEQPGEVCT GN
XQNVCLG CN EQORTGUQT
%KGTTG NC X±NXWNC FG UCNKFC FG CKTG [ CDTC NCU X±NXWNCU FG FTGPCLG OCPWCN FG EQPFGPUCFQ
RCTC FGURTGUWTKCT GN UKUVGOC FG CKTG
*C[ SWG CRNKECT VQFCU NCU 2TGECWEKQPGU FG UGIWTKFCF RGTVKPGPVGU
/CPWCN FG KPUVTWEEKQPGU

 2TQITCOCU FG EQPVTQN
GUETKREKÉP
# HKP FG HCEKNKVCT NC RTQITCOCEKÉP [ GN EQPVTQN UG JCP KORNGOGPVCFQ RTQITCOCU FG EQPVTQN OCPFCFQU RQT
OGPÐU GP GN TGIWNCFQT
(NWLQ FG OGPÐU FG )# C )#% 
UKORNKHKECFQ
/CPWCN FG KPUVTWEEKQPGU

(NWLQ FG OGPÐU FG )# C )#% 9QTMRNCEG (WNN(GCVWTG EQP UGECFQT +( 
UKORNKHKECFQ
/CPWCN FG KPUVTWEEKQPGU

/GPÐ RTKPEKRCN
 /GPÐ 2CPVCNNC RTKPEKRCN
(WPEKÉP
2CPGN FG EQPVTQN
'N OGPÐ FG NC RCPVCNNC RTKPEKRCN OWGUVTC GN GUVCFQ FG HWPEKQPCOKGPVQ FGN EQORTGUQT [ HQTOC NC RWGTVC FG
GPVTCFC C VQFCU NCU HWPEKQPGU KORNGOGPVCFCU GP GN TGIWNCFQT
2TQEGFKOKGPVQ
.C RCPVCNNC RTKPEKRCN CRCTGEG CWVQO±VKECOGPVG CN EQPGEVCT NC EQTTKGPVG
5K PQ UG WUCP PK NCU VGENCU FG HWPEKÉP PK NCU VGENCU EQP HNGEJC 
  [  FWTCPVG CNIWPQU OKPWVQU GN
TGIWNCFQT XQNXGT± CWVQO±VKECOGPVG C NC 2CPVCNNC RTKPEKRCN
2TQITCOCT (WPEKÉP
2CPVCNNC RTKPEKRCN /WGUVTC GP DTGXG GN GUVCFQ FG HWPEKQPCOKGPVQ FGN EQORTGUQT 'U NC RWGTVC FG
GPVTCFC C VQFCU NCU HWPEKQPGU
CVQU FG GUVCFQ +PXQEC GN GUVCFQ FG NCU HWPEKQPGU FG RTQVGEEKÉP FGN EQORTGUQT 
RCTCFC FG
CNCTOC CXKUQ FG RCTCFC FG CNCTOC CXKUQ FG UGTXKEKQ [ CXKUQ 4GCTOC WPC
RCTCFC FG CNCTOC UQDTGECTIC FGN OQVQT [ EQPFKEKÉP FG UGTXKEKQ
CVQU OGFKFQU +PXQEC NQU FCVQU CEVWCNOGPVG OGFKFQU [ GN GUVCFQ FG WPC UGTKG FG GPVTCFCU
%QPVCFQTGU +PXQEC NCU JQTCU FG HWPEKQPCOKGPVQ JQTCU GP ECTIC JQTCU FGN TGIWNCFQT

OÉFWNQ [ PÐOGTQ FG CTTCPSWGU FGN OQVQT
'PUC[Q 2TQDCT RCPVCNNC
/QFKHKECT RCT±OGVTQU /QFKHKEC NQU CLWUVGU FG
Ő 2CT±OGVTQU 
RGL RTGUKQPGU FG ECTIC [ FGUECTIC
Ő 2TQVGEEKQPGU 
RGL PKXGN FG RCTCFC FG CNCTOC RCTC VGORGTCVWTC
Ő 2NCPGU FG UGTXKEKQ 
VGORQTKCFQTGU RCTC RNCPGU FG UGTXKEKQ
Ő (WPEKQPGU FG TGNQL 
OCPFQU FG CTTCPSWGRCTCFCDCPFC FG RTGUKÉP
CWVQO±VKEQU FGN EQORTGUQT
Ő %QPHKIWTCEKÉP 
JQTC HGEJC KFKQOC FG XKUWCNKCEKÉP
5GTXKEKQ +PXQEC RNCPGU FG UGTXKEKQ [ TGCTOC NQU VGORQTKCFQTGU FGURW¾U FG NNGXCT C
ECDQ NCU CEEKQPGU FG UGTXKEKQ RGTVGPGEKGPVGU C WP RNCP
CVQU IWCTFCFQU +PXQEC NQU FCVQU IWCTFCFQU FCVQU FG ÐNVKOC RCTCFC FG CNCTOC ÐNVKOC RCTCFC
FG GOGTIGPEKC
/CPWCN FG KPUVTWEEKQPGU

5KGORTG SWG CRCTGEC GP NC RCPVCNNC FG WP UWDOGPÐ RWNUG NC VGENC 2TKP 
( RCTC XQNXGT C NC 2CPVCNNC
RTKPEKRCN
'LGORNQ FG 2CPVCNNC RTKPEKRCN
'N FKURNC[ KPFKEC
Ő .C FGUKIPCEKÉP FGN UGPUQT [ NC KPFKECEKÉP CEVWCN
Ő 0QVKEKCU FGN GUVCFQ FG HWPEKQPCOKGPVQ FGN EQORTGUQT
Ő ,WUVQ GPEKOC FG NCU VGENCU FG HWPEKÉP 
 NC HWPEKÉP CEVWCN FG FKEJCU VGENCU
 +PXQECEKÉP FG OGPÐU
GUETKREKÉP
2CPGN FG EQPVTQN
.C RCPVCNNC RTKPEKRCN CRCTGEG CWVQO±VKECOGPVG CN EQPGEVCTUG GN XQNVCLG
.C VGENC EQP HNGEJC CDCLQ 
 UG RWGFG WVKNKCT RCTC WPC EQPUWNVC T±RKFC FG NC UKVWCEKÉP CEVWCN FGN
EQORTGUQT
GURW¾U FG RWNUCT NC VGENC /GPÐ 
( NC QREKÉP CVQU FG GUVCFQ CRCTGEGT± UGIWKFC FG WPC HNGEJC
JQTKQPVCN
Ő 2WNUG NC VGENC FG VCDWNCEKÉP 
 RCTC UGNGEEKQPCT GUVG OGPÐ
ň%QORTGUUQT 1WVʼn 
 5CNKFC
EQORTGU 
DCT 
ň#WVQO±V ETIFQʼn
/GPÐ ň7PNQCFʼn 
 GUE 
( ( (
ň%QORTGUUQT 1WVʼn 
 5CNKFC
EQORTGU 
DCT 
ň#WVQO±V ETIFQʼn
/GPÐ GUE
( ( (
/CPWCN FG KPUVTWEEKQPGU

Ő 1 DKGP WVKNKEG NC VGENC EQP HNGEJC CDCLQ 
 JCUVC SWG GN UWDOGPÐ FGUGCFQ XC[C UGIWKFQ FG WPC HNGEJC
JQTKQPVCN [ C EQPVKPWCEKÉP RWNUG NC VGENC FG VCDWNCEKÉP 
 RCTC UGNGEEKQPCT GUVG OGPÐ
 /GPÐ CVQU FG GUVCFQ
#XKUQ
(WPEKÉP
2CPGN FG EQPVTQN
'N UWDOGPÐ FG CVQU FG GUVCFQ FC KPHQTOCEKÉP UQDTG GN GUVCFQ FG NCU HWPEKQPGU FG RTQVGEEKÉP FGN
EQORTGUQT 
RCTCFC FG CNCTOC CXKUQ FG RCTCFC FG CNCTOC CXKUQ FG UGTXKEKQ [ CXKUQ [ RGTOKVG SWG UG
TGCTOG WPC RCTCFC FG CNCTOC UQDTGECTIC FGN OQVQT [ EQPFKEKÉP FG UGTXKEKQ
2TQEGFKOKGPVQ
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN 
X¾CUG GNOGPÐ FG 2CPVCNNC RTKPEKRCN 
Ő 2WNUG NC VGENC /GPÐ 
( NC QREKÉP CVQU FG GUVCFQ UGT± UGIWKFC FG WPC HNGEJC JQTKQPVCN
Ő 2WNUG NC VGENC FG VCDWNCEKÉP 

0Q GZKUVG PQVKEKC
Ő 'N .' 
 FG CNCTOC IGPGTCN GUV± CRCICFQ [ NC PQVKEKC GP GN FKURNC[ KPFKEC SWG VQFCU NCU EQPFKEKQPGU
UQP PQTOCNGU
#PVGU FG GORGCT GN OCPVGPKOKGPVQ Q TGRCTCEKÉP RWNUG GN DQVÉP FG RCTCFC 

GURGTG JCUVC SWG JC[C RCTCFQ GN EQORTGUQT RWNUG GN DQVÉP TQLQ FG RCTCFC FG
GOGTIGPEKC [ CDTC GN KPVGTTWRVQT UGRCTCFQT 
KPUVCNCEKÉP FGN ENKGPVG RCTC FGUEQPGEVCT
GN XQNVCLG CN EQORTGUQT
%KGTTG NC X±NXWNC FG UCNKFC FG CKTG [ FGURTGUWTKEG GN UKUVGOC FG CKTG
ň6QFCU NCU EQPFE UQP 1-ʼn


/GPÐ
( ( (
/CPWCN FG KPUVTWEEKQPGU

'ZKUVG WP OGPUCLG FG RCTCFC FG CNCTOC
Ő 'P ECUQ FG RCTCFC FG CNCTOC FGN EQORTGUQT RCTRCFGCT± GN .' 

Ő 'P ECUQ FG WPC RCTCFC FG CNCTOC FGDKFQ C WPC VGORGTCVWTC FGOCUKCFQ CNVC GP NC UCNKFC FGN GNGOGPVQ
EQORTGUQT
Ő .QU KPFKECFQTGU
RCTRCFGCP .C RCPVCNNC OWGUVTC NC NGEVWTC CEVWCN 
 u% GN SWG GN EQORTGUQT
UG GPEWGPVTG RCTCFQ 
 2TF  [ GN CLWUVG FG RCTCFC 
 u %
Ő 5KIWG UKGPFQ RQUKDNG FGURNCCTUG RQT QVTQU OGPÐU RGL RCTC EQORTQDCT NQU XCNQTGU FG QVTQU
RCT±OGVTQU
#N XQNXGT CN OGPÐ FG CVQU FG GUVCFQ  RCTRCFGCT± NC QREKÉP 2CTCFCU  KEJC QREKÉP RWGFG
UGNGEEKQPCTUG RWNUCPFQ NC VGENC FG VCDWNCEKÉP 
 RCTC XQNXGT C NC RCPVCNNC FG RCTCFC FG CTTKDC
4GCTOG FG RCTCFC FG CNCTOC
Ő GUEQPGEVG GN XQNVCLG [ JCIC NCU IGUVKQPGU PGEGUCTKCU RCTC UQNWEKQPCT NC CXGTÃC GURW¾U FG TGOGFKCT
[ FGUCRCTGEKFC NC EQPFKEKÉP FG RCTCFC FG CNCTOC EQPGEVG GN XQNVCLG [ RWNUG NC VGENC 4GCT 
(
Ő 2WNUG NCU VGENCU /GPÐ [ 2TKP RCTC XQNXGT C NC 2CPVCNNC RTKPEKRCN [ TGCTTCPSWG GN EQORTGUQT RQT OGFKQ
FGN DQVÉP FG CTTCPSWG 

4GCTOG FG UQDTGECTIC FGN OQVQT
Ő GUEQPGEVG GN XQNVCLG [ JCIC NCU IGUVKQPGU PGEGUCTKCU RCTC TGOGFKCT NC CXGTÃC 'N TGN¾ FG UQDTGECTIC

( [ GN FKU[WPVQT FGN XGPVKNCFQT 
3 FGDGP TGUVCDNGEGTUG OCPWCNOGPVG %QPGEVG GN XQNVCLG [
RWNUG NC VGENC ŋ4GCTŌ 
(
Ő 2WNUG NCU VGENCU /GPÐ [ 2TKP RCTC XQNXGT C NC 2CPVCNNC RTKPEKRCN [ TGCTTCPSWG GN EQORTGUQT RQT OGFKQ
FGN DQVÉP FG CTTCPSWG 

'ZKUVG WP OGPUCLG FG CXKUQ FG RCTCFC FG CNCTOC
7P PKXGN FG CXKUQ FG RCTCFC FG CNCTOC GU WP PKXGN RTQITCOCDNG DCLQ GN PKXGN FG RCTCFC FG CNCTOC
Ő 5K GZKUVG WP CXKUQ FG RCTCFC FG CNCTOC GUV± GPEGPFKFQ GN .' 
 .C RCPVCNNC RTKPEKRCN UG ECODKCT± C
WPC RCPVCNNC RCTGEKFC C NC SWG UKIWG
5CNKFC GNGOGPVQ
u% 
ň2TFʼn ň/CZʼn 
ň/GPÐ
ʼn ň
4GCTʼn
( ( (
ň%QORTGUUQT 1WVʼn 
 5CNKFC
EQORTGU 
DCT 
ň
2CTQʼn ň#XKUQ
ʼn
ň/GPÐ
ʼn ň
GUEʼn
( ( (
/CPWCN FG KPUVTWEEKQPGU

Ő .QU KPFKECFQTGU
RCTRCFGCP .QU KPFKECFQTGU 2CTQ #XKUQ CRCTGEGP CNVGTPCFCOGPVG EQP NCU
PQVKEKCU SWG KPFKECP UK GN EQORTGUQT OCTEJC GP FGUECTIC Q ECTIC
Ő 2WNUG NC VGENC /GPÐ 
( [ NC VGENC FG VCDWNCEKÉP 
 RCTC UGNGEEKQPCT GN OGPÐ FG CVQU FG GUVCFQ 
RCTRCFGC NC QREKÉP 2TQVGEEKÉP 
Ő GURN±EGUG C FKEJC QREKÉP [ UGNGEEKÉPGNC RWNUCPFQ NC VGENC FG VCDWNCEKÉP 
 #RCTGEG WPC RCPVCNNC
RCTGEKFC C NC SWG UG OWGUVTC CDCLQ
Ő .C RCPVCNNC KPFKEC SWG NC VGORGTCVWTC GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT GZEGFG GN PKXGN FG CXKUQ FG
RCTCFC FG CNCTOC RTQITCOCFQ
Ő 5K GU RTGEKUQ RCTG GN EQORTGUQT RQT OGFKQ FGN DQVÉP FG RCTCFC 
 [ GURGTG JCUVC SWG UG RCTG
GHGEVKXCOGPVG
Ő GUEQPGEVG GN XQNVCLG TGXKUG [ TGCNKEG NCU QRGTCEKQPGU PGEGUCTKCU
Ő 'N OGPUCLG FG CXKUQ FGUCRCTGEGT± CWVQO±VKECOGPVG GP EWCPVQ FGUCRCTGEC NC EQPFKEKÉP FG CXKUQ
'ZKUVG WP CXKUQ FG UGTXKEKQ
Ő 'N .' GUV± GPEGPFKFQ 
 .C RCPVCNNC RTKPEKRCN UG ECODKCT± C WPC RCPVCNNC RCTGEKFC C NC SWG UKIWG
Ő .QU KPFKECFQTGU
RCTRCFGCP [ NC PQVKEKC FG CXKUQ FG UGTXKEKQ CRCTGEG CNVGTPCFCOGPVG EQP NCU
PQVKEKCU SWG KPFKECP UK GN EQORTGUQT OCTEJC GP FGUECTIC Q ECTIC
Ő 2WNUG NC VGENC /GPÐ 
( [ NC VGENC FG VCDWNCEKÉP 
 RCTC UGNGEEKQPCT GN OGPÐ FG CVQU FG GUVCFQ 
RCTRCFGC NC QREKÉP 5GTXKEKQ 
Ő GURN±EGUG C FKEJC QREKÉP [ UGNGEEKÉPGNC RWNUCPFQ NC VGENC FG VCDWNCEKÉP 
 RWGFG SWG RCTRCFGGP
FQU QREKQPGU
Ő 'PVTCFCU  UK UG GZEGFG GN PKXGN FG UGTXKEKQ RTQITCOCFQ FG WP EQORQPGPVG 
RGL NC ECÃFC FG
RTGUKÉP O±ZKOC FGN UGRCTCFQT FG CEGKVG
Ő 2NCPGU  UK UG GZEGFG GN KPVGTXCNQ FG WP RNCP FG UGTXKEKQ
Ő 2CTG GN EQORTGUQT [ FGUEQPGEVG GN XQNVCLG
Ő 5K NC PQVKEKC FG UGTXKEKQ UG TGHKTKÉ C 'PVTCFCU 
UGRCTCFQT FG CEGKVG TGGORNCEG GN UGRCTCFQT EQPGEVG
GN XQNVCLG FGURN±EGUG GP GN OGPÐ FG CVQU FG GUVCFQ C 'PVTCFCU [ RWNUG NC VGENC 4GCT RCTC TGCTOCT
NC PQVKEKC FG UGTXKEKQ
Ő 5K GN CXKUQ FG UGTXKEKQ JCEÃC TGHGTGPEKC C 2NCP  TGCNKEG NCU CEEKQPGU FG UGTXKEKQ TGNCVKXCU C NQU RNCPGU
KPFKECFQU 4GCTOG NQU VGORQTKCFQTGU FG NQU RNCPGU EQTTGURQPFKGPVGU 2ÉPICUG GP EQPVCEVQ EQP GN
%GPVTQ FG 5GTXKEKQ CN %NKGPVG FG #VNCU %QREQ %QPUWNVG NC UGEEKÉP/GPÐ 5GTXKEKQ 
5CNKFC FG GNGOGPVQ
u%
ň2CTʼn ň/CZʼn 
ň/GPÐ
ʼn 
( ( (
ň%QORTGUUQT 1WVʼn 
 5CNKFC
EQORTGU 
DCT
ň
5GTX 4GSWKT
ʼn 
 5GTX TGSWGT 
ň/GPÐ
ʼn ň
GUEʼn
( ( (
/CPWCN FG KPUVTWEEKQPGU

'ZKUVG WPC PQVKEKC FG CXKUQ
Ő 'UV± GPEGPFKFQ GN .' 
 [ CRCTGEGT± GP NC RCPVCNNC WP OGPUCLG FG CXKUQ
Ő .QU KPFKECFQTGU
RCTRCFGCP [ NC PQVKEKC FG CXKUQ CRCTGEG CNVGTPCFCOGPVG EQP NCU PQVKEKCU SWG
KPFKECP UK GN EQORTGUQT OCTEJC GP FGUECTIC Q ECTIC 'UVG CXKUQ KPFKEC
Ő 'P EQORTGUQTGU (WNN(GCVWTG EQP UGECFQT +( NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ GU FGOCUKCFQ CNVC
GP TGNCEKÉP EQP NC VGORGTCVWTC CODKGPVG
Ő 2CTG GN EQORTGUQT [ FGUEQPGEVG GN XQNVCLG +PURGEEKQPG GN EQORTGUQT [ UQNWEKQPG
 /GPÐ CVQU OGFKFQU
2CPGN FG EQPVTQN
(WPEKÉP
+PXQECT KPHQTOCEKÉP CEGTEC FG NQU FCVQU OGFKFQU CEVWCNOGPVG [ GN GUVCFQ FG CNIWPCU GPVTCFCU RGL
RTQVGEEKÉP FG UQDTGECTIC FGN OQVQT %QPUWNVG GN HNWLQ FG OGPÐU GP NC UGEEKÉP 2TQITCOCU FG EQPVTQN
2TQEGFKOKGPVQ
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN 
X¾CUG GN OGPÐ FG 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC /GPÐ 
(
Ő 2WNUG NC VGENC EQP HNGEJC CDCLQ 
 JCUVC SWG CVQU OGFKFQU CRCTGEC UGIWKFQ FG WPC HNGEJC
JQTKQPVCN
Ő #EVKXG GN OGPÐ RWNUCPFQ NC VGENC FG VCDWNCEKÉP 

Ő #N RWNUCT NCU VGENCU FG FGURNCCOKGPVQ 
 GPEQPVTCT± WP PÐOGTQ FG FCVQU CEVWCNOGPVG OGFKFQU
Ő 5K WPQ FG NQU UGPUQTGU XC EQPGEVCFQ C WPC HWPEKÉP FG RCTCFC FG CNCTOC UGTXKEKQ Q CXKUQ GU RQUKDNG
KPXQECT VCPVQ GN XCNQT CEVWCNOGPVG OGFKFQ EQOQ GN PKXGN EQTTGURQPFKGPVG FG RCTCFC FG CNCTOC CXKUQ
Q UGTXKEKQ EQP VCP UÉNQ RWNUCT NC VGENC
/CPWCN FG KPUVTWEEKQPGU

 /GPÐ %QPVCFQTGU
2CPGN FG EQPVTQN
(WPEKÉP
2CTC KPXQECT
Ő .CU JQTCU FG HWPEKQPCOKGPVQ
Ő .CU JQTCU FG ECTIC
Ő 'N PÐOGTQ FG CTTCPSWGU FGN OQVQT
Ő 'N PÐOGTQ FG JQTCU SWG GN TGIWNCFQT 
OÉFWNQ JC GUVCFQ DCLQ VGPUKÉP
Ő 'N PÐOGTQ FG EKENQU FG ECTIC
2TQEGFKOKGPVQ
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN 
X¾CUG GN OGPÐ FG 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC /GPÐ 
(
Ő 2WNUG NC VGENC EQP HNGEJC CDCLQ 
 JCUVC SWG NC QREKÉP %QPVCFQTGU XC[C UGIWKFC FG WPC HNGEJC
JQTKQPVCN
Ő 2WNUG NC VGENC FG VCDWNCEKÉP 
 RCTC CEVKXCT GN OGPÐ
Ő #N RWNUCT NC VGENC EQP HNGEJC 
 UG RWGFGP GPEQPVTCT NQU FCVQU OGPEKQPCFQU CPVGTKQTOGPVG
'LGORNQ FG WPC RCPVCNNC %QPVCFQTGU
ň*QTCU (PEVQʼn
ňJTUʼn ň JTUʼn

ň/GPÐʼn
( ( (
/CPWCN FG KPUVTWEEKQPGU

 /GPÐ 2TWGDC
2CPGN FG EQPVTQN
(WPEKÉP
.NGXCT C ECDQ WPC RTWGDC FG FKURNC[ GU FGEKT EQORTQDCT UK GN FKURNC[ [ NQU .' UKIWGP KPVCEVQU
2CTC EQORTGUQTGU EQP '9 
FKURQUKVKXQU FG FTGPCLG GNGEVTÉPKEQ EQORTQDCT GN '9
2TQEGFKOKGPVQ
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN 
X¾CUG GN OGPÐ FG 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC /GPÐ 
(
Ő 2WNUG NC VGENC EQP HNGEJC CDCLQ 
 JCUVC SWG NC QREKÉP 2TWGDC XC[C UGIWKFC FG WPC HNGEJC JQTKQPVCN
Ő #EVKXG GN OGPÐ RWNUCPFQ NC VGENC FG VCDWNCEKÉP 

Ő .C QREKÉP 2TQDCT RCPVCNNC UGT± UGIWKFC FG WPC HNGEJC JQTKQPVCN
Ő 2CTC RTQDCT GN FKURNC[ RWNUG NC VGENC 
 WTCPVG NC RTWGDC GN TGIWNCFQT IGPGTCT± WPC UGTKG FG
RCVTQPGU GP GN FKURNC[ SWG RGTOKVGP CN WUWCTKQ EQORTQDCT SWG ECFC RÃZGN HWPEKQPC CÐP FG HQTOC
PQTOCN NQU .' UG GPEKGPFGP C NC XG
Ő 2CTC RTQDCT NQU FKURQUKVKXQU GNGEVTÉPKEQU FG FTGPCLG FG CIWC RWNUG NC VGENC EQP HNGEJC CDCLQ JCUVC SWG
NC QREKÉP 2WTIC GNGEVTÉP CRCTGEC UGIWKFC FG WPC HNGEJC JQTKQPVCN
Ő 2WNUG NC VGENC FG VCDWNCEKÉP 
 RCTC CEVKXCT GN OGPÐ
Ő 2WNUG NC VGENC #TTCPSWG  8GTKHKSWG SWG UG CDTG NC X±NXWNC RCTC FGUECTICT EQPFGPUCFQ 5WGNVG NC VGENC
#TTCPSWG FGURW¾U FG NC RTWGDC
Ő 2WNUG NC VGENC #VT± RCTC XQNXGT CN OGPÐ CPVGTKQT
Ő 2WNUG NC VGENC /GPÐ 
( RCTC XQNXGT CN UWDOGPÐ
 /GPÐ /QFKHKECEKÉP FG RCT±OGVTQU
(WPEKÉP
/QFKHKECT WP PÐOGTQ FG CLWUVGU RTQITCOCDNGU
Ő 2CT±OGVTQU 
X¾CUG NC UGEEKÉP /QFKHKECT RCT±OGVTQU
Ő 2TQVGEEKQPGU 
X¾CUG NC UGEEKÉP /QFKHKECT RTQVGEEKQPGU
Ő #LWUVGU FG RNCPGU FG UGTXKEKQ 
X¾CUG NC UGEEKÉP /QFKHKECT NQU CLWUVGU FG RNCPGU UGTXKEKQ
/CPWCN FG KPUVTWEEKQPGU

Ő #LWUVGU FG NC HWPEKÉP FG TGNQL 
X¾CUG NC UGEEKÉP /QFKHKECT NQU CLWUVGU FG NC HWPEKÉP FG TGNQL
Ő #LWUVGU FG EQPHKIWTCEKÉP 
X¾CUG NC UGEEKÉP /QFKHKECT NQU CLWUVGU FG EQPHKIWTCEKÉP
 /QFKHKECEKÉP FG RCT±OGVTQU
2CPGN FG EQPVTQN
(WPEKÉP
/QFKHKECT WP PÐOGTQ FG RCT±OGVTQU %QPUWNVG GN HNWLQ FG OGPÐU GP NC UGEEKÉP 2TQITCOCU FG EQPVTQN
2TQEGFKOKGPVQ
'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN 
X¾CUG GN OGPÐ FG 2CPVCNNC RTKPEKRCN
Ő 2WNUG NC VGENC /GPÐ 
(
Ő 2WNUG NC VGENC EQP HNGEJC CDCLQ 
 JCUVC SWG /QFKHKE RCT±OGV XC[C UGIWKFC FG WPC HNGEJC JQTKQPVCN
Ő #EVKXG GN OGPÐ RWNUCPFQ NC VGENC FG VCDWNCEKÉP 

Ő 'N RTKOGT EQORQPGPVG 2CT±OGVTQU CRCTGEGT± UGIWKFQ FG WPC HNGEJC JQTKQPVCN
Ő 2WNUG NC VGENC FG VCDWNCEKÉP 
 UG OQUVTCT±P GN RTKOGT EQORQPGPVG 2TGUKÉP ECTIC [ UW CLWUVG
Ő 2WNUG NC VGENC EQP HNGEJC CDCLQ 
 JCUVC SWG GN RCT±OGVTQ SWG UG XC C OQFKHKECT CRCTGEC UGIWKFQ FG
WPC HNGEJC JQTKQPVCN
/QFKHKECT RTGUKQPGU FG ECTIC [ FGUECTIC
5K CUÃ UG FGUGC GN QRGTCFQT RWGFG RTQITCOCT FQU DCPFCU FG RTGUKÉP 
DCPFC  [ DCPFC  EQP RTGUKQPGU
FG ECTIC [ FGUECTIC FKHGTGPVGU .QU CLWUVGU RCTC NC DCPFC  XCP KPFKECFQU 2TGUKÉP ECTIC [ 2TGUKÉP
FGUECTI  NQU CLWUVGU RCTC NC DCPFC  XCP KPFKECFQU 2TGU ECTIC  [ 2TGU FGUECTIC  
'LGORNQ
2CTC NC DCPFC FG RTGUKÉP 
Ő 2TGUKÉP FG ECTIC  DCT
Ő 2TGUKÉP FG FGUECTIC  DCT
2CTC NC DCPFC FG RTGUKÉP 
Ő 2TGUKÉP FG ECTIC  DCT
Ő 2TGUKÉP FG FGUECTIC  DCT
2TQEGFKOKGPVQ
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Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff
Catalogo español ga30 ff

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Catalogo español ga30 ff

  • 1. Atlas Copco www.atlascopco.com Fecha de impresión......... 19/05/2005 Manual de instrucciones GA11, GA15, GA18, GA22, GA30C Nota de Copyright Se prohibe cualquier uso no autorizado o la copia de los contenidos o de cualquier parte de los mismos. Esto se aplica en particular a marcas comerciales, denominación de modelos, número de las piezas y diseños.
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  • 6. #,756'5 ' 4'.— ' 51$4'%#4)# ; (75+$.'5 +06'4472614'5 '. 5'%#14 +( %10+%+10'5 ' 4'('4'0%+# ; .›/+6'5 #615 '. %1/24'514 2#4# )# # )#% +PUVTWEEKQPGU RCTC GN WUQ FGN FGRÉUKVQ FG CKTG +05647%%+10'5 ' 751 2' +4'%6+8#5 51$4' '37+215 # 24'5+¡0
  • 7. /CPWCN FG KPUVTWEEKQPGU 2TGECWEKQPGU FG UGIWTKFCF +EQPQU FG UGIWTKFCF +PVGTRTGVCEKÉP 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG KPUVCNCEKÉP 2TGECWEKQPGU IGPGTCNGU 'N QRGTCTKQ FGDG NNGXCT C NC RT±EVKEC NCU PQTOCU FG UGIWTKFCF KPFKECFCU RCTC GUVG VTCDCLQ [ QDUGTXCT VQFCU NCU QTFGPCPCU [ TGSWGTKOKGPVQU NQECNGU GUVCDNGEKFQU GP OCVGTKC FG UGIWTKFCF 5K EWCNSWKGT KPFKECEKÉP FG NCU SWG UG EKVCP C EQPVKPWCEKÉP PQ EWORNKGTC EQP NC NGIKUNCEKÉP NQECN UG CRNKECT± NC O±U GUVTKEVC .C KPUVCNCEKÉP HWPEKQPCOKGPVQ OCPVGPKOKGPVQ [ TGRCTCEKQPGU UÉNQ UG NNGXCT±P C ECDQ RQT RGTUQPCN CWVQTKCFQ [ EQORGVGPVG 0Q UG EQPUKFGTC CN EQORTGUQT ECRC FG UWOKPKUVTCT CKTG TGURKTCDNG 2CTC QDVGPGT CKTG TGURKTCDNG GN CKTG EQORTKOKFQ FGDG UGT RWTKHKECFQ EQTTGEVCOGPVG RCTC GUVG WUQ EQPHQTOG C NCU PQTOCU [ NG[GU NQECNGU #PVGU FG GORGCT GN VTCDCLQ FG OCPVGPKOKGPVQ TGRCTCEKÉP Q CLWUVG Q EQORTQDCEKÉP FKUVKPVC FG NC CVGPEKÉP TWVKPCTKC RCTG GN EQORTGUQT RWNUG GN DQVÉP FG RCTCFC FG GOGTIGPEKC FGUEQPGEVG GN XQNVCLG [ FGURTGUWTKEG GN EQORTGUQT #FGO±U UG CDTKT± [ UG DNQSWGCT± GN KPVGTTWRVQT UGRCTCFQT FG GPGTIÃC GN¾EVTKEC 0Q LWGIWG PWPEC EQP GN CKTG EQORTKOKFQ 0Q NQ CRNKSWG C NC RKGN PK FKTKLC EJQTTQU FG CKTG C PKPIWPC RGTUQPC 0Q WVKNKEG PWPEC GN CKTG EQORTKOKFQ RCTC NKORKCTUG NC TQRC #N WUCTNQ RCTC NKORKCT GN GSWKRQ J±ICNQ EQP OWEJQ EWKFCFQ [ RTQV¾LCUG NQU QLQU 2GNKITQ FG OWGTVG #XKUQ 1DUGTXCEKÉP KORQTVCPVG 'N HCDTKECPVG FGENKPC VQFC TGURQPUCDKNKFCF RQT EWCNSWKGT FCÇQ Q NGUKÉP TGUWNVCPVG FGN PQ EWORNKOKGPVQ FG GUVCU RTGECWEKQPGU Q FG NC PQ QDUGTXCEKÉP FG NC RTGECWEKÉP JCDKVWCN [ GN FGDKFQ EWKFCFQ GP NC KPUVCNCEKÉP OCPGLQ OCPVGPKOKGPVQ Q TGRCTCEKÉP CWPSWG PQ UG JC[C OGPEKQPCFQ GZRTGUCOGPVG
  • 8. /CPWCN FG KPUVTWEEKQPGU 2TGECWEKQPGU FWTCPVG NC KPUVCNCEKÉP .C O±SWKPC UÉNQ FGDG NGXCPVCTUG WVKNKCPFQ GN GSWKRQ CRTQRKCFQ EQPHQTOG C NCU PQTOCVKXCU XKIGPVGU GP OCVGTKC FG UGIWTKFCF 6QFCU NCU RKGCU UWGNVCU Q RKXQVCPVGU FGDGP UWLGVCTUG EQP UGIWTKFCF CPVGU FG NGXCPVCT 'UV± VGTOKPCPVGOGPVG RTQJKDKFQ SWGFCTUG Q RCUCT GP NC QPC FG TKGUIQ RQT FGDCLQ FG WPC ECTIC NGXCPVCFC .C CEGNGTCEKÉP [ FGUCEGNGTCEKÉP FG GNGXCEKÉP FGDGP CLWUVCTUG C NQU NÃOKVGU FG UGIWTKFCF 2ÉPICUG GN ECUEQ FG UGIWTKFCF CN VTCDCLCT EGTEC FG GSWKRQ GNGXCFQT Q C¾TGQ %QNQSWG NC O±SWKPC FQPFG GN CKTG CODKGPVG UGC NQ O±U HTGUEQ [ NKORKQ RQUKDNG 5K GU PGEGUCTKQ KPUVCNG WP EQPFWEVQ FG UWEEKÉP 0WPEC QDUVTW[C NC VQOC FG CKTG GDG TGFWEKTUG CN OÃPKOQ NC GPVTCFC FG NC JWOGFCF SWG CEQORCÇC CN CKTG FG CURKTCEKÉP GDG TGVKTCT EWCNSWKGT DTKFC QDVWTCFQTC VCRÉP VCRC Q DQNUCU FG FGUGECPVG CPVGU FG EQPGEVCT NCU VWDGTÃCU .CU OCPIWGTCU FG CKTG FGDGT±P UGT FGN VCOCÇQ EQTTGEVQ [ CFGEWCFCU C NC RTGUKÉP FG VTCDCLQ 0WPEC WUG OCPIWGTCU FGUICUVCFCU FGVGTKQTCFCU Q FGUJKNCEJCFCU .CU VWDGTÃCU FG FKUVTKDWEKÉP [ UWU EQPGZKQPGU FGDGT±P UGT FGN VCOCÇQ EQTTGEVQ [ CFGEWCFCU C NC RTGUKÉP FG VTCDCLQ 'N CKTG CURKTCFQ GUVCT± NKDTG FG JWOQU Q XCRQTGU KPHNCOCDNGU RGL FKUQNXGPVGU FG RKPVWTC SWG RQFTÃCP RTQFWEKT WP KPEGPFKQ Q GZRNQUKÉP KPVGTPC %QNQSWG NC VQOC FG CKTG GP WP UKVKQ FQPFG PQ RWGFC CURKTCT TQRCU UWGNVCU FG NCU RGTUQPCU %QORTWGDG SWG NC VWDGTÃC FG FGUECTIC SWG XC FGUFG GN EQORTGUQT CN TGHTKIGTCFQT RQUVGTKQT Q C NC TGF FG CKTG RWGFG FKNCVCT RQT GHGEVQU FGN ECNQT [ PQ GUV± GP EQPVCEVQ EQP OCVGTKCN KPHNCOCDNG Q EGTEC FG ¾UVG 0Q UG RWGFG GLGTEGT PKPIWPC HWGTC GZVGTPC UQDTG NC X±NXWNC FG UCNKFC FG CKTG GN VWDQ EQPGEVCFQ PQ RWGFG GUVCT UQOGVKFQ C GUHWGTQ 5K UG KPUVCNC WP EQPVTQN TGOQVQ NC O±SWKPC NNGXCT± WP ECTVGN GP RQUKEKÉP XKUKDNG KPFKECPFQ 2'.+)41 'UVC O±SWKPC VKGPG EQPVTQN TGOQVQ [ RWGFG RQPGTUG GP OCTEJC UKP RTGXKQ CXKUQ 'N QRGTCFQT FGDG CUGIWTCTUG FG SWG NC O±SWKPC GUV± RCTCFC [ FG SWG GN KPVGTTWRVQT UGRCTCFQT GUV± CDKGTVQ [ DNQSWGCFQ CPVGU FG TGCNKCT EWCNSWKGT OCPVGPKOKGPVQ Q TGRCTCEKÉP 2CTC OC[QT UGIWTKFCF NCU RGTUQPCU SWG CEEKQPCP GSWKRQU RQT EQPVTQN TGOQVQ FGDGP VQOCT NCU RTGECWEKQPGU CFGEWCFCU RCTC CUGIWTCTUG FG SWG PCFKG GUV¾ XGTKHKECPFQ NC O±SWKPC Q VTCDCLCPFQ GP GNNC # GUVG HKP UG EQNQECT± WP CXKUQ CFXKTVKGPFQ SWG GN GSWKRQ GP EWGUVKÉP CTTCPEC RQT EQPVTQN TGOQVQ C FKUVCPEKC .CU O±SWKPCU TGHTKIGTCFCU RQT CKTG FGDGP KPUVCNCTUG FG OCPGTC SWG UG FKURQPIC FG WP HNWLQ CFGEWCFQ FG CKTG FG TGHTKIGTCEKÉP [ SWG GN CKTG FG GUECRG PQ TGEKTEWNG C NC GPVTCFC .CU EQPGZKQPGU GN¾EVTKECU FGDGP TGCNKCTUG FG CEWGTFQ EQP NQU EÉFKIQU NQECNGU .C KPUVCNCEKÉP FGDG TGCNKCTUG C VKGTTC [ RTQVGIGTUG FG EQTVQEKTEWKVQU RQT OGFKQ FG HWUKDNGU GP VQFCU NCU HCUGU GDG KPUVCNCTUG WP KPVGTTWRVQT UGRCTCFQT FG GPGTIÃC GN¾EVTKEC EQP EKGTTG EGTEC FGN EQORTGUQT 'P O±SWKPCU EQP UKUVGOC FG CTTCPSWGRCTCFC CWVQO±VKEQ Q UK GUV± CEVKXCFC NC HWPEKÉP FG TGCTTCPSWG CWVQO±VKEQ FGURW¾U FG KPVGTTWREKÉP FGN XQNVCLG UG HKLCT± EGTEC FGN VCDNGTQ FG KPUVTWOGPVQU WP ECTVGN SWG FKIC 'UVC O±SWKPC RWGFG RQPGTUG GP OCTEJC UKP RTGXKQ CXKUQ 'P NQU UKUVGOCU HQTOCFQU RQT XCTKQU EQORTGUQTGU FGDGP KPUVCNCTUG X±NXWNCU OCPWCNGU RCTC CKUNCT ECFC EQORTGUQT 0Q FGDG EQPHKCTUG GP NCU X±NXWNCU CPVKTTGVQTPQ X±NXWNCU FG TGVGPEKÉP RCTC CKUNCT UKUVGOCU C RTGUKÉP 0WPEC CPWNG PK OCPKRWNG NQU FKURQUKVKXQU FG UGIWTKFCF PK NCU RTQVGEEKQPGU Q NQU CKUNCOKGPVQU OQPVCFQU GP NC O±SWKPC %CFC TGEKRKGPVG C RTGUKÉP Q FKURQUKVKXQ CWZKNKCT KPUVCNCFQ HWGTC FG NC O±SWKPC SWG XC[C C EQPVGPGT CKTG C RTGUKÉP UWRGTKQT C NC CVOQUH¾TKEC UG RTQVGIGT± EQP WP FKURQUKVKXQ Q FKURQUKVKXQU RCTC GXCEWCT FKEJC RTGUKÉP UK GUVQ HWGTC PGEGUCTKQ GDG RTQVGIGT Q CKUNCT NCU VWDGTÃCU W QVTCU RCTVGU SWG CNECPEGP VGORGTCVWTCU UWRGTKQTGU C NQU u% u( SWG RWGFC VQECT CEEKFGPVCNOGPVG GN RGTUQPCN FWTCPVG GN HWPEKQPCOKGPVQ PQTOCN .CU QVTCU VWDGTÃCU C VGORGTCVWTC GNGXCFC UG OCTECT±P CFGEWCFCOGPVG
  • 9. /CPWCN FG KPUVTWEEKQPGU 2CTC XGTUKQPGU TGHTKIGTCFCU RQT CIWC GN UKUVGOC FG CIWC FG TGHTKIGTCEKÉP KPUVCNCFQ HWGTC FG NC O±SWKPC FGDG GUVCT RTQVGIKFQ RQT WP FKURQUKVKXQ FG UGIWTKFCF EQP RTGUKÉP FG CLWUVG EQPHQTOG C NC RTGUKÉP O±ZKOC FG GPVTCFC FG CIWC FG TGHTKIGTCEKÉP 5K GN UWGNQ PQ GUV± PKXGNCFQ Q RWGFG GUVCT UWLGVQ C KPENKPCEKÉP XCTKCDNG EQPUWNVG CN HCDTKECPVG 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG HWPEKQPCOKGPVQ 2TGECWEKQPGU IGPGTCNGU 'N QRGTCTKQ FGDG NNGXCT C NC RT±EVKEC NCU PQTOCU FG UGIWTKFCF KPFKECFCU RCTC GUVG VTCDCLQ [ QDUGTXCT VQFCU NCU QTFGPCPCU [ TGSWGTKOKGPVQU NQECNGU GUVCDNGEKFQU GP OCVGTKC FG UGIWTKFCF 5K EWCNSWKGT KPFKECEKÉP FG NCU SWG UG EKVCP C EQPVKPWCEKÉP PQ EWORNKGTC EQP NC NGIKUNCEKÉP NQECN UG CRNKECT± NC O±U GUVTKEVC .C KPUVCNCEKÉP HWPEKQPCOKGPVQ OCPVGPKOKGPVQ [ TGRCTCEKQPGU UÉNQ UG NNGXCT±P C ECDQ RQT RGTUQPCN CWVQTKCFQ [ EQORGVGPVG 0Q UG EQPUKFGTC CN EQORTGUQT ECRC FG UWOKPKUVTCT CKTG TGURKTCDNG 2CTC QDVGPGT CKTG TGURKTCDNG GN CKTG EQORTKOKFQ FGDG UGT RWTKHKECFQ EQTTGEVCOGPVG RCTC GUVG WUQ EQPHQTOG C NCU PQTOCU [ NG[GU NQECNGU #PVGU FG GORGCT GN VTCDCLQ FG OCPVGPKOKGPVQ TGRCTCEKÉP Q CLWUVG Q EQORTQDCEKÉP FKUVKPVC FG NC CVGPEKÉP TWVKPCTKC RCTG GN EQORTGUQT RWNUG GN DQVÉP FG RCTCFC FG GOGTIGPEKC FGUEQPGEVG GN XQNVCLG [ FGURTGUWTKEG GN EQORTGUQT #FGO±U UG CDTKT± [ UG DNQSWGCT± GN KPVGTTWRVQT UGRCTCFQT FG GPGTIÃC GN¾EVTKEC 0Q LWGIWG PWPEC EQP GN CKTG EQORTKOKFQ 0Q NQ CRNKSWG C NC RKGN PK FKTKLC EJQTTQU FG CKTG C PKPIWPC RGTUQPC 0Q WVKNKEG PWPEC GN CKTG EQORTKOKFQ RCTC NKORKCTUG NC TQRC #N WUCTNQ RCTC NKORKCT GN GSWKRQ J±ICNQ EQP OWEJQ EWKFCFQ [ RTQV¾LCUG NQU QLQU %QPUWNVG VCODK¾P NCU RTGECWEKQPGU FG UGIWTKFCF UKIWKGPVGU 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG HWPEKQPCOKGPVQ [ 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG OCPVGPKOKGPVQ .CU RTGUGPVGU RTGECWEKQPGU UQP X±NKFCU RCTC O±SWKPCU SWG VTCVGP Q EQPUWOCP CKTG Q ICU KPGTVG 'N VTCVCOKGPVQ FG QVTQU VKRQU FG ICU GZKIG RTGECWEKQPGU CFKEKQPCNGU RTQRKCU FG NC CRNKECEKÉP SWG PQ HKIWTCP GP GN VGZVQ CN RKG #NIWPCU RTGECWEKQPGU UQP FG ECT±EVGT IGPGTCN [ UQP X±NKFCU RCTC XCTKQU VKRQU FG O±SWKPCU [ GSWKRQU RQT EQPUKIWKGPVG RWGFG SWG CNIWPCU KPFKECEKQPGU PQ TGUWNVGP UKGORTG CRNKECDNGU C NC O±SWKPC 'N HCDTKECPVG FGENKPC VQFC TGURQPUCDKNKFCF RQT EWCNSWKGT FCÇQ Q NGUKÉP TGUWNVCPVG FGN PQ EWORNKOKGPVQ FG GUVCU RTGECWEKQPGU Q FG NC PQ QDUGTXCEKÉP FG NC RTGECWEKÉP JCDKVWCN [ GN FGDKFQ EWKFCFQ GP NC KPUVCNCEKÉP OCPGLQ OCPVGPKOKGPVQ Q TGRCTCEKÉP CWPSWG PQ UG JC[C OGPEKQPCFQ GZRTGUCOGPVG
  • 10. /CPWCN FG KPUVTWEEKQPGU 2TGECWEKQPGU FWTCPVG HWPEKQPCOKGPVQ 7UG UQNCOGPVG GN VKRQ [ VCOCÇQ EQTTGEVQU FG EQPGZKQPGU [ CEEGUQTKQU #N UQRNCT CKTG C VTCX¾U FG WPC OCPIWGTC Q VWDGTÃC CUGIÐTGUG FG SWG UG UWLGVC HKTOGOGPVG GN GZVTGOQ CDKGTVQ 7P GZVTGOQ NKDTG IQNRGCT± EQOQ WP N±VKIQ [ RQFT± ECWUCT NGUKQPGU #UGIÐTGUG FG SWG NCU OCPIWGTCU GUV±P EQORNGVCOGPVG FGURTGUWTKCFCU CPVGU FG FGUEQPGEVCTNCU .CU RGTUQPCU SWG CEEKQPCP GSWKRQU RQT EQPVTQN TGOQVQ FGDGP VQOCT NCU RTGECWEKQPGU CFGEWCFCU RCTC CUGIWTCTUG FG SWG PCFKG GUV¾ XGTKHKECPFQ NC O±SWKPC Q VTCDCLCPFQ GP GNNC # GUVG HKP UG EQNQECT± WP CXKUQ CFXKTVKGPFQ SWG GN GSWKRQ GP EWGUVKÉP CTTCPEC RQT EQPVTQN TGOQVQ C FKUVCPEKC 0WPEC JCIC HWPEKQPCT NQU ITWRQU GP NWICTGU FQPFG GZKUVC NC RQUKDKNKFCF FG CURKTCT GOCPCEKQPGU KPHNCOCDNGU Q VÉZKECU 0WPEC JCIC HWPEKQPCT NC O±SWKPC RQT FGDCLQ Q GPEKOC FG UWU NÃOKVGU /CPVGPIC EGTTCFCU VQFCU NCU RWGTVCU FG NC ECTTQEGTÃC FWTCPVG GN HWPEKQPCOKGPVQ 5ÉNQ RWGFGP CDTKTUG RQT DTGXG VKGORQ RGL RCTC GHGEVWCT EQORTQDCEKQPGU 7UG RTQVGEVQTGU FG QÃFQU CN CDTKT WPC RWGTVC .CU RGTUQPCU SWG RGTOCPGECP GP WP CODKGPVG Q WPC UCNC FQPFG GN PKXGN FG UQPKFQ CNECPEG Q GZEGFC F$ # FGDGP WUCT RTQVGEVQTGU FG QÃFQU %QORTWGDG RGTKÉFKECOGPVG SWG Ő 6QFCU NCU RTQVGEEKQPGU UG GPEWGPVTCP GP UW NWICT RGTHGEVCOGPVG CUGIWTCFCU Ő 6QFCU NCU OCPIWGTCU [Q VWDGTÃCU FGPVTQ FGN ITWRQ UG GPEWGPVTCP GP DWGPCU EQPFKEKQPGU DKGP UWLGVCU [ SWG PQ UG TQCP Ő 0Q GZKUVGP HWICU Ő 6QFQU NQU VGPUQTGU GUV±P CRTGVCFQU Ő 6QFQU NQU ECDNGU GN¾EVTKEQU UG GPEWGPVTCP UGIWTQU [ GP DWGPCU EQPFKEKQPGU Ő .CU X±NXWNCU FG UGIWTKFCF [ NQU QVTQU FKURQUKVKXQU FG GXCEWCEKÉP FG RTGUKÉP PQ GUV±P CVCUECFQU RQT GUECOCU Q RKPVWTC Ő .C X±NXWNC FG UCNKFC [ TGF FG CKTG GU FGEKT VWDQU CEQRNCOKGPVQU EQNGEVQTGU X±NXWNCU OCPIWGTCU GVE UG GPEWGPVTCP GP DWGP GUVCFQ UKP FGUICUVGU CPQTOCNGU [ VTCVCFQU CFGEWCFCOGPVG 5K UG WUC GN CKTG FG TGHTKIGTCEKÉP ECNKGPVG FG EQORTGUQTGU GP WP UKUVGOC FG ECNGHCEEKÉP RQT CKTG RGL RCTC ECNGPVCT WP VCNNGT JC[ SWG VQOCT RTGECWEKQPGU EQPVTC NC RQNWEKÉP [ EQPVCOKPCEKÉP GXGPVWCN FGN CKTG TGURKTCDNG 0Q SWKVG PKPIWPC RCTVG FGN OCVGTKCN KPUQPQTKCPVG PK NQ ECODKG FG UKVKQ 0WPEC CPWNG PK OCPKRWNG NQU FKURQUKVKXQU FG UGIWTKFCF PK NCU RTQVGEEKQPGU Q NQU CKUNCOKGPVQU OQPVCFQU GP NC O±SWKPC %CFC FGRÉUKVQ C RTGUKÉP Q FKURQUKVKXQ CWZKNKCT KPUVCNCFQ HWGTC FG NC O±SWKPC SWG XC[C C EQPVGPGT CKTG C RTGUKÉP UWRGTKQT C NC CVOQUH¾TKEC UG RTQVGIGT± EQP WP FKURQUKVKXQ Q FKURQUKVKXQU RCTC GXCEWCT FKEJC RTGUKÉP UK GUVQ HWGTC PGEGUCTKQ %QPUWNVG VCODK¾P NCU RTGECWEKQPGU FG UGIWTKFCF UKIWKGPVGU 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG KPUVCNCEKÉP [ 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG OCPVGPKOKGPVQ .CU RTGUGPVGU RTGECWEKQPGU UQP X±NKFCU RCTC O±SWKPCU SWG VTCVGP Q EQPUWOCP CKTG Q ICU KPGTVG 'N VTCVCOKGPVQ FG QVTQU GURGEKGU FG ICU GZKIG RTGECWEKQPGU CFKEKQPCNGU RTQRKCU FG NC CRNKECEKÉP SWG PQ HKIWTCP GP GN VGZVQ CN RKG #NIWPCU RTGECWEKQPGU UQP FG ECT±EVGT IGPGTCN [ UQP X±NKFCU RCTC XCTKQU VKRQU FG O±SWKPCU [ GSWKRQU RQT EQPUKIWKGPVG RWGFG SWG CNIWPCU KPFKECEKQPGU PQ TGUWNVGP UKGORTG CRNKECDNGU C NC O±SWKPC
  • 11. /CPWCN FG KPUVTWEEKQPGU 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG OCPVGPKOKGPVQ Q TGRCTCEKQPGU 2TGECWEKQPGU IGPGTCNGU 'N QRGTCTKQ FGDG NNGXCT C NC RT±EVKEC NCU PQTOCU FG UGIWTKFCF KPFKECFCU RCTC GUVG VTCDCLQ [ QDUGTXCT VQFCU NCU QTFGPCPCU [ TGSWGTKOKGPVQU NQECNGU GUVCDNGEKFQU GP OCVGTKC FG UGIWTKFCF 5K EWCNSWKGT KPFKECEKÉP FG NCU SWG UG EKVCP C EQPVKPWCEKÉP PQ EWORNKGTC EQP NC NGIKUNCEKÉP NQECN UG CRNKECT± NC O±U GUVTKEVC .C KPUVCNCEKÉP HWPEKQPCOKGPVQ OCPVGPKOKGPVQ [ TGRCTCEKQPGU UÉNQ UG NNGXCT±P C ECDQ RQT RGTUQPCN CWVQTKCFQ [ EQORGVGPVG 0Q UG EQPUKFGTC CN EQORTGUQT ECRC FG UWOKPKUVTCT CKTG TGURKTCDNG 2CTC QDVGPGT CKTG TGURKTCDNG GN CKTG EQORTKOKFQ FGDG UGT RWTKHKECFQ EQTTGEVCOGPVG RCTC GUVG WUQ EQPHQTOG C NCU PQTOCU [ NG[GU NQECNGU #PVGU FG GORGCT GN VTCDCLQ FG OCPVGPKOKGPVQ TGRCTCEKÉP Q CLWUVG Q EQORTQDCEKÉP FKUVKPVC FG NC CVGPEKÉP TWVKPCTKC RCTG GN EQORTGUQT RWNUG GN DQVÉP FG RCTCFC FG GOGTIGPEKC FGUEQPGEVG GN XQNVCLG [ FGURTGUWTKEG GN EQORTGUQT #FGO±U UG CDTKT± [ UG DNQSWGCT± GN KPVGTTWRVQT UGRCTCFQT FG GPGTIÃC GN¾EVTKEC 0Q LWGIWG PWPEC EQP GN CKTG EQORTKOKFQ 0Q NQ CRNKSWG C NC RKGN PK FKTKLC EJQTTQU FG CKTG C PKPIWPC RGTUQPC 0Q WVKNKEG PWPEC GN CKTG EQORTKOKFQ RCTC NKORKCTUG NC TQRC #N WUCTNQ RCTC NKORKCT GN GSWKRQ J±ICNQ EQP OWEJQ EWKFCFQ [ RTQV¾LCUG NQU QLQU 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG OCPVGPKOKGPVQ Q TGRCTCEKQPGU 2ÉPICUG UKGORTG WPCU ICHCU FG UGIWTKFCF 7UG UQNCOGPVG NCU JGTTCOKGPVCU CFGEWCFCU CN VTCDCLQ FG OCPVGPKOKGPVQ [ TGRCTCEKÉP 5ÉNQ RQFT±P WVKNKCTUG TGRWGUVQU QTKIKPCNGU .QU VTCDCLQU FG OCPVGPKOKGPVQ UG NNGXCT±P C ECDQ ÐPKECOGPVG EWCPFQ NC O±SWKPC UG JC[C GPHTKCFQ #FGO±U GN GSWKRQ FG CTTCPSWG FGDG NNGXCT WP ECTVGN SWG FKIC RGL UG GUV± VTCDCLCPFQ PQ RQPGT GP OCTEJC .CU RGTUQPCU SWG CEEKQPCP GSWKRQU RQT EQPVTQN TGOQVQ FGDGP VQOCT NCU RTGECWEKQPGU CFGEWCFCU RCTC CUGIWTCTUG FG SWG PCFKG GUV¾ XGTKHKECPFQ NC O±SWKPC Q VTCDCLCPFQ GP GNNC # GUVG HKP UG EQNQECT± WP CXKUQ CFXKTVKGPFQ SWG GN GSWKRQ GP EWGUVKÉP CTTCPEC RQT EQPVTQN TGOQVQ C FKUVCPEKC %KGTTG NC X±NXWNC FG UCNKFC FG CKTG CPVGU FG EQPGEVCT Q FGUEQPGEVCT WPC VWDGTÃC #PVGU FG FGUOQPVCT EWCNSWKGT EQORQPGPVG RTGUWTKCFQ CÃUNG GN ITWRQ FG VQFCU NCU HWGPVGU FG RTGUKÉP [ CNKXKG VQFQ GN UKUVGOC FG RTGUKÉP 0WPEC WUG FKUQNXGPVGU KPHNCOCDNGU PK VGVTCENQTWTQ FG ECTDQPQ RCTC NKORKCT NCU RKGCU 6QOG OGFKFCU FG UGIWTKFCF EQPVTC XCRQTGU VÉZKEQU FG NÃSWKFQU FG NKORKGC 'ZVTGOG NC NKORKGC FWTCPVG NQU VTCDCLQU FG OCPVGPKOKGPVQ [ TGRCTCEKÉP %WDTC NCU RKGCU [ NCU CDGTVWTCU EQP WP RCÇQ NKORKQ RCRGN Q EKPVC CFJGUKXC GXKVCPFQ CUÃ SWG RGPGVTG RQNXQ 'N HCDTKECPVG FGENKPC VQFC TGURQPUCDKNKFCF RQT EWCNSWKGT FCÇQ Q NGUKÉP TGUWNVCPVG FGN PQ EWORNKOKGPVQ FG GUVCU RTGECWEKQPGU Q FG NC PQ QDUGTXCEKÉP FG NC RTGECWEKÉP JCDKVWCN [ GN FGDKFQ EWKFCFQ GP NC KPUVCNCEKÉP OCPGLQ OCPVGPKOKGPVQ Q TGRCTCEKÉP CWPSWG PQ UG JC[C OGPEKQPCFQ GZRTGUCOGPVG
  • 12. /CPWCN FG KPUVTWEEKQPGU 0WPEC UWGNFG PK NNGXG C ECDQ PKPIWPC QRGTCEKÉP SWG KORNKSWG GN WUQ FG ECNQT EGTEC FGN UKUVGOC FG CEGKVG .QU VCPSWGU FG CEGKVG FGDGP RWTICTUG EQORNGVCOGPVG EQP XCRQT RQT GLGORNQ CPVGU FG GHGEVWCT VCNGU QRGTCEKQPGU 0Q UWGNFG PK OQFKHKSWG PWPEC TGEKRKGPVGU C RTGUKÉP # NC OGPQT UGÇCN Q UQURGEJC FG UQDTGECNGPVCOKGPVQ FG WPC RCTVG KPVGTPC FG WPC O±SWKPC FGDG RCTCTUG ¾UVC [ PQ CDTKT PKPIWPC VCRC FG KPURGEEKÉP JCUVC WPC XG VTCPUEWTTKFQ DCUVCPVG VKGORQ FG GPHTKCOKGPVQ C HKP FG GXKVCT GN TKGUIQ FG KIPKEKÉP GURQPV±PGC FGN XCRQT FG CEGKVG CN GPVTCT GP EQPVCEVQ EQP GN CKTG 0WPEC WVKNKEG WPC HWGPVG FG KNWOKPCEKÉP EQP NNCOC NKDTG RCTC KPURGEEKQPCT GN KPVGTKQT FG WPC O±SWKPC TGEKRKGPVG C RTGUKÉP GVE #UGIÐTGUG FG SWG PQ JCP SWGFCFQ JGTTCOKGPVCU RKGCU UWGNVCU Q VTCRQU FGPVTQ Q GPEKOC FG NC O±SWKPC 6QFQU NQU FKURQUKVKXQU TGIWNCFQTGU [ FG UGIWTKFCF FGDGP OCPVGPGTUG EQP GN FGDKFQ EWKFCFQ RCTC ICTCPVKCT SWG HWPEKQPCP EQTTGEVCOGPVG 'UV± RTQJKDKFQ CRCICT GUVQU FKURQUKVKXQU #PVGU FG FGLCT NC O±SWKPC NKUVC RCTC WUQ FGURW¾U FGN OCPVGPKOKGPVQ Q TGXKUKÉP EQORTWGDG SWG NCU RTGUKQPGU [ VGORGTCVWTCU FG HWPEKQPCOKGPVQ [ NQU CLWUVGU FG VKGORQ UQP EQTTGEVQU %QORTWGDG SWG NQU FKURQUKVKXQU FG EQPVTQN [ RCTCFC GUV±P KPUVCNCFQU [ HWPEKQPCP EQTTGEVCOGPVG 5K UG JC SWKVCFQ GN IWCTFCCEQRNCOKGPVQ FGN GLG FG CEEKQPCOKGPVQ FGN EQORTGUQT EQORTWGDG SWG GUV± TGKPUVCNCFQ 'ZCOKPG GN VWDQ FG KORWNUKÉP [ GN KPVGTKQT FGN FGRÉUKVQ UGRCTCFQT FG CEGKVG ECFC XG SWG UG ECODKG GN GNGOGPVQ UGRCTCFQT RCTC XGT UK GZKUVGP TGEKRKGPVGU UGRCTCFQTGU FG CEGKVG RCTC FGRÉUKVQU FG ECTDÉP 5K UQP GZEGUKXQU FGDGP TGVKTCTUG 2TQVGLC GN OQVQT GN HKNVTQ FG CKTG NQU EQORQPGPVGU GN¾EVTKEQU [ TGIWNCFQTGU GVE FG NC GPVTCFC FG JWOGFCF RGL FWTCPVG NC NKORKGC EQP XCRQT #UGIÐTGUG FG SWG VQFQ GN OCVGTKCN KPUQPQTKCPVG RGL GP NC ECTTQEGTÃC [ NQU UKUVGOCU FG GPVTCFC [ UCNKFC FG CKTG FGN EQORTGUQT UG JCNNC GP DWGP GUVCFQ 'P ECUQ FG FCÇQ TGGORN±EGNQ RQT OCVGTKCN QTKIKPCN FGN HCDTKECPVG RCTC GXKVCT SWG CWOGPVG GN PKXGN FG RTGUKÉP FG UQPKFQ 0WPEC WVKNKEG FKUQNXGPVGU E±WUVKEQU SWG RWGFCP QECUKQPCT FCÇQ CN OCVGTKCN FG NC TGF FG CKTG RGL NCU VCCU FG RQNKECTDQPCVQ 5G JCEG JKPECRK¾ GP NCU UKIWKGPVGU RTGECWEKQPGU FG UGIWTKFCF CN OCPGLCT GN TGHTKIGTCPVG Ő 0WPEC CURKTG NQU XCRQTGU FGN TGHTKIGTCPVG %QORTWGDG SWG GN ±TGC FG VTCDCLQ GUV± XGPVKNCFC CFGEWCFCOGPVG WVKNKEG WPC O±UECTC RTQVGEVQTC UK HWGTC PGEGUCTKQ Ő 7UG UKGORTG IWCPVGU GURGEKCNGU 'P ECUQ FG EQPVCEVQ FGN TGHTKIGTCPVG EQP NC RKGN GPLWCIWG EQP CDWPFCPVG CIWC 'P ECUQ FG EQPVCEVQ FGN TGHTKIGTCPVG NÃSWKFQ EQP NC RKGN C VTCX¾U FG NC TQRC PQ CTTCPSWG PK UG GZVTCKIC NC RTGPFC OQLG NC TQRC CDWPFCPVGOGPVG EQP CIWC JCUVC SWG JC[C FGUCRCTGEKFQ VQFQ GN TGHTKIGTCPVG CRNKSWG FGURW¾U NQU RTKOGTQU CWZKNKQU 2ÉPICUG UKGORTG IWCPVGU RTQVGEVQTGU RCTC GNKOKPCT GN TKGUIQ FG NGUKQPGU ECWUCFCU RQT RKGCU FG O±SWKPCU UQDTGECNGPVCFCU RGL CN UCECT CEGKVG %QPUWNVG VCODK¾P NCU RTGECWEKQPGU FG UGIWTKFCF UKIWKGPVGU 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG KPUVCNCEKÉP [ 2TGECWEKQPGU FG UGIWTKFCF FWTCPVG HWPEKQPCOKGPVQ .CU RTGUGPVGU RTGECWEKQPGU UQP X±NKFCU RCTC O±SWKPCU SWG VTCVGP Q EQPUWOCP CKTG Q ICU KPGTVG 'N VTCVCOKGPVQ FG QVTQU GURGEKGU FG ICU GZKIG RTGECWEKQPGU CFKEKQPCNGU RTQRKCU FG NC CRNKECEKÉP SWG PQ HKIWTCP GP GN VGZVQ CN RKG #NIWPCU RTGECWEKQPGU UQP FG ECT±EVGT IGPGTCN [ UQP X±NKFCU RCTC XCTKQU VKRQU FG O±SWKPCU [ GSWKRQU RQT EQPUKIWKGPVG RWGFG SWG CNIWPCU KPFKECEKQPGU PQ TGUWNVGP UKGORTG CRNKECDNGU C NC O±SWKPC
  • 13. /CPWCN FG KPUVTWEEKQPGU GUETKREKÉP IGPGTCN +PVTQFWEEKÉP +PVTQFWEEKÉP .QU )# C )#% [ )# C )#% UQP EQORTGUQTGU FG VQTPKNNQ EQP KP[GEEKÉP FG CEGKVG FG WPC GVCRC [ CEEKQPCFQU RQT OQVQT GN¾EVTKEQ .QU EQORTGUQTGU GUV±P TGHTKIGTCFQU RQT CKTG )# 2CEM .QU )# 2CEM XCP CNQLCFQU FGPVTQ FG WPC ECTTQEGTÃC KPUQPQTKCPVG .QU EQORTGUQTGU GUV±P EQPVTQNCFQU RQT GN TGIWNCFQT 'NGMVTQPKMQPs + FG #VNCU %QREQ 'N OÉFWNQ FG EQPVTQN GNGEVTÉPKEQ GUV± KPUVCNCFQ GP NC RWGTVC RQT GN NCFQ FGNCPVGTQ 'N CTOCTKQ GN¾EVTKEQ FQPFG GUV± GN CTTCPECFQT FGN OQVQT UG GPEWGPVTC FGVT±U FG GUVG RCPGN 8KUVC HTQPVCN )# C )#% 2CEM
  • 14. /CPWCN FG KPUVTWEEKQPGU )# 2CEM (WNN(GCVWTG .QU )# 2CEM (WNN(GCVWTG (( GUV±P EQPVTQNCFQU RQT GN TGIWNCFQT 'NGMVTQPKMQPs + FG #VNCU %QREQ #FGO±U GUV±P FQVCFQU FG WP UGECFQT FG CKTG KPVGITCFQ GP NC ECTTQEGTÃC KPUQPQTKCPVG 'N UGECFQT GNKOKPC GN EQPFGPUCFQ FGN CKTG EQORTKOKFQ GPHTK±PFQNQ C EGTEC FGN RWPVQ FG EQPIGNCEKÉP [ RWTICPFQ CWVQO±VKECOGPVG GN EQPFGPUCFQ 4GH GUKIPCEKÉP #( (KNVTQ FG CKTG #4 GRÉUKVQ FG CKTG #8 8±NXWNC FG UCNKFC FG CKTG %C 4GHTKIGTCFQT FG CKTG %Q 4GHTKIGTCFQT FG CEGKVG '4 4GIWNCFQT 'NGMVTQPKMQP + / /QVQT FG CEEKQPCOKGPVQ 1( (KNVTQ FG CEGKVG 5 $QVÉP FG RCTCFC FG GOGTIGPEKC 82 6CRÉP FG XGPVKNCEKÉP
  • 15. /CPWCN FG KPUVTWEEKQPGU 8KUVC HTQPVCN )# C )#% 2CEM (WNN(GCVWTG 4GH GUKIPCEKÉP #( (KNVTQ FG CKTG #4 GRÉUKVQ FG CKTG #8 8±NXWNC FG UCNKFC FG CKTG %C 4GHTKIGTCFQT FG CKTG %Q 4GHTKIGTCFQT FG CEGKVG 4 5GECFQT '4 4GIWNCFQT 'NGMVTQPKMQP + / /QVQT FG CEEKQPCOKGPVQ 1( (KNVTQ FG CEGKVG 5 $QVÉP FG RCTCFC FG GOGTIGPEKC 82 6CRÉP FG XGPVKNCEKÉP
  • 16. /CPWCN FG KPUVTWEEKQPGU )# 9QTMRNCEG .QU )# 9QTMRNCEG GUV±P CNQLCFQU FGPVTQ FG WPC ECTTQEGTÃC KPUQPQTKCPVG .QU EQORTGUQTGU GUV±P EQPVTQNCFQU RQT GN TGIWNCFQT 'NGMVTQPKMQPs ++ FG #VNCU %QREQ 'N OÉFWNQ FG EQPVTQN GNGEVTÉPKEQ GUV± KPUVCNCFQ GP NC RWGTVC RQT GN NCFQ FGNCPVGTQ 'N CTOCTKQ GN¾EVTKEQ FQPFG GUV± GN CTTCPECFQT FGN OQVQT UG GPEWGPVTC FGVT±U FG GUVG RCPGN 8C KPENWKFQ VCODK¾P WP EQNGEVQT FG EQPFGPUCFQ EQP UKUVGOC FG FTGPCLG CWVQO±VKEQ 8KUVC HTQPVCN )# C )#% 9QTMRNCEG )# 9QTMRNCEG (WNN(GCVWTG .QU )# 9QTMRNCEG (WNN(GCVWTG (( GUV±P EQPVTQNCFQU RQT GN TGIWNCFQT 'NGMVTQPKMQPs ++ FG #VNCU %QREQ #FGO±U UG RTQRQTEKQPCP EQP WP UGECFQT FG CKTG 'N EQPFGPUCFQ UG FTGPC CWVQO±VKECOGPVG .QU EQORTGUQTGU )# C )#% 9QTMRNCEG (( GUV±P FQVCFQU FG WP UGECFQT +( #8 8±NXWNC FG UCNKFC FG CKTG '4 4GIWNCFQT 'NGMVTQPKMQP ++ 5 $QVÉP FG RCTCFC FG GOGTIGPEKC
  • 17. /CPWCN FG KPUVTWEEKQPGU 8KUVC HTQPVCN )# C )#% 9QTMRNCEG (WNN(GCVWTG 4GH GUKIPCEKÉP #8 8±NXWNC FG UCNKFC FG CKTG 4 5GECFQT '4 4GIWNCFQT 'NGMVTQPKMQP ++ 5 $QVÉP FG RCTCFC FG GOGTIGPEKC
  • 18. /CPWCN FG KPUVTWEEKQPGU (NWLQ FG CKTG KCITCOCU FG HNWLQ )# C )#% )# C )#% (WNN(GCVWTG UGECFQT +(
  • 19. /CPWCN FG KPUVTWEEKQPGU 4GHGTGPEKCU )# C )#% 'N CKTG CURKTCFQ RQT GN HKNVTQ #( [ NC X±NXWNC FG GPVTCFC CDKGTVC +8 GP GN GNGOGPVQ EQORTGUQT ' UG EQORTKOG 'N CKTG EQORTKOKFQ [ GN CEGKVG RCUCP CN FGRÉUKVQ FG CKTGUGRCTCFQT FG CEGKVG #4 'N CKTG UG FGUECTIC C VTCX¾U FG NC X±NXWNC FG UCNKFC #8 OGFKCPVG NC X±NXWNC FG RTGUKÉP OÃPKOC 8R [ GN TGHTKIGTCFQT FG CKTG %C 'P NQU EQORTGUQTGU (WNN(GCVWTG GN CKTG RCUC C VTCX¾U FGN UGECFQT FG CKTG 4 CPVGU FG FGUECTICTUG C VTCX¾U FG NC X±NXWNC FG UCNKFC #8 5KUVGOC FG CEGKVG KCITCOC FG HNWLQ 5KUVGOC FG CEGKVG FG )# C )#% 4GH GUETKREKÉP # 'PVTCFC FG CKTG $ #KTG EQORTKOKFQCEGKVG % #KTG EQORTKOKFQ #EGKVG ' #KTG UGEQ
  • 20. /CPWCN FG KPUVTWEEKQPGU )# C )#% 'P GN FGRÉUKVQ FG CKTG #4 NC OC[QT RCTVG FGN CEGKVG UG UGRCTC FG NC OGENC FG CKTGCEGKVG FG HQTOC EGPVTÃHWIC 'N TGUVQ NQ TGVKTC GN UGRCTCFQT FG CEGKVG 15 'N CEGKVG UG TGEQIG GP GN HQPFQ FGN FGRÉUKVQ FG CKTGUGRCTCFQT FG CEGKVG #4 SWG UKTXG FG VCPSWG FG CEGKVG 'N CKTG C RTGUKÉP HWGTC GN CEGKVG FGUFG GN FGRÉUKVQ #4 C VTCX¾U FGN TGHTKIGTCFQT %Q [ HKNVTQ 1( CN GNGOGPVQ EQORTGUQT ' [ NQU RWPVQU FG NWDTKECEKÉP 'N UKUVGOC CDCTEC WPC X±NXWNC FG FGTKXCEKÉP $8 %WCPFQ GN CEGKVG GUV± ECNKGPVG NC X±NXWNC RGTOKVG SWG VQFQ GN CEGKVG RCUG RQT GN TGHTKIGTCFQT 5KUVGOC FG TGHTKIGTCEKÉP KCITCOC FG HNWLQ 5KUVGOC FG TGHTKIGTCEKÉP )# C )#% 4GHGTGPEKCU GUETKREKÉP 2CTC WPKFCFGU 2CEM9QTMRNCEG HNWLQ FG CKTG EQORTKOKFQ C NC X±NXWNC FG UCNKFC FG CKTG 2CTC WPKFCFGU (WNN(GCVWTG HNWLQ FG CKTG EQORTKOKFQ CN UGECFQT FG CKTG # 'PVTCFC FG CKTG $ #KTG EQORTKOKFQCEGKVG % #KTG EQORTKOKFQ #EGKVG
  • 21. /CPWCN FG KPUVTWEEKQPGU )# C )#% 'N UKUVGOC FG TGHTKIGTCEKÉP XKGPG FQVCFQ FG WP TGHTKIGTCFQT FG CKTG %C [ QVTQ FG CEGKVG %Q 'P EQORTGUQTGU TGHTKIGTCFQU RQT CKTG GN HNWLQ FGN CKTG FG TGHTKIGTCEKÉP NQ IGPGTC WP XGPVKNCFQT (0 5KUVGOC FG EQPFGPUCFQ 2WPVQU FG FTGPCLG FG EQPFGPUCFQ )# C )#% 2WPVQU FG FTGPCLG FG EQPFGPUCFQ )# C )#% 'N EQNGEVQT FG EQPFGPUCFQ GU QREKQPCN GP NCU XGTUKQPGU )# C )#% 2CEM .CU XGTUKQPGU )# 2CEM (WNN(GCVWTG 9QTMRNCEG 9QTMRNCEG (WNN(GCVWTG [ )# 2CEM EQP 95 QREKQPCN GUV±P GSWKRCFCU EQP WP EQNGEVQT FG EQPFGPUCFQ GP GN UKUVGOC FG UCNKFC FG CKTG KEJQ EQNGEVQT XC RTQXKUVQ FG WPC X±NXWNC RCTC FTGPCLG CWVQO±VKEQ FWTCPVG GN HWPEKQPCOKGPVQ C [ WPC X±NXWNC CEEKQPCFC C OCPQ RCTC FTGPCLG FGURW¾U FG WPC RCTCFC FGN EQORTGUQT O 4GHGTGPEKCU GUETKREKÉP # 'PVTCFC FG CKTG $ #KTG EQORTKOKFQCEGKVG % #KTG EQORTKOKFQ #EGKVG
  • 22. /CPWCN FG KPUVTWEEKQPGU 5KUVGOC FG TGIWNCEKÉP KCITCOC FG HNWLQ 5KUVGOC FG TGIWNCEKÉP FG )# C )#% GUECTIC 5K GN EQPUWOQ FG CKTG GU KPHGTKQT CN UWOKPKUVTQ FGN EQORTGUQT NC RTGUKÉP FG NC TGF CWOGPVCT± %WCPFQ NC RTGUKÉP FG NC TGF CNECPEG NC FG FGUECTIC UG FGUGPGTIKC NC X±NXWNC FG UQNGPQKFG ; 'N ¾ODQNQ FG NC X±NXWNC TGVQTPC C KORWNUQ FG WP OWGNNG Ő .C RTGUKÉP FG EQPVTQN SWG UG JCNNC RTGUGPVG GP NCU E±OCTCU FGN ¾ODQNQ FG ECTIC .2 [ NC X±NXWNC FG FGUECTIC 78 UG FGUCJQIC C NC CVOÉUHGTC C VTCX¾U FG NC X±NXWNC FG UQNGPQKFG ; Ő 'N ¾ODQNQ FG ECTIC .2 UG OWGXG JCEKC CTTKDC [ JCEG SWG NC X±NXWNC FG GPVTCFC +8 EKGTTG NC CDGTVWTC FG GPVTCFC FGN CKTG Ő .C X±NXWNC FG FGUECTIC 78 NC CDTG NC RTGUKÉP FGN FGRÉUKVQ KEJC RTGUKÉP FGN FGRÉUKVQ FG CKTG GUECRC JCEKC GN FGUECTICFQT 7# 'N UWOKPKUVTQ FG CKTG UG FKUEQPVKPÐC GN EQORTGUQT OCTEJC GP FGUECTIC %CTIC %WCPFQ NC RTGUKÉP FG NC TGF DCLG C NC FG ECTIC UG GPGTIKC NC X±NXWNC FG UQNGPQKFG ; 'N ¾ODQNQ FG NC OKUOC ; UG OWGXG JCEKC CTTKDC EQPVTC NC HWGTC FGN OWGNNG Ő .C RTGUKÉP FG EQPVTQN UG FKUVTKDW[G FGUFG GN FGRÉUKVQ FG CKTG OGFKCPVG FG NC X±NXWNC FG UQNGPQKFG ; CN ¾ODQNQ FG ECTIC .2 [ NC X±NXWNC FG FGUECTIC 78 Ő .C X±NXWNC FG FGUECTIC 78 EKGTTC NC CDGTVWTC FG GZRWNUKÉP FG CKTG 'N ¾ODQNQ FG ECTIC .2 UG OWGXG JCEKC CDCLQ [ JCEG SWG UG CDTC RQT EQORNGVQ NC X±NXWNC FG GPVTCFC +8 5G TGCPWFC GN UWOKPKUVTQ FG CKTG GN EQORTGUQT OCTEJC GP ECTIC 4GHGTGPEKCU GUETKREKÉP GRÉUKVQ FG CKTG #N TGHTKIGTCFQT FG CKTG #NFGUFG GN TGHTKIGTCFQT FG CEGKVG
  • 23. /CPWCN FG KPUVTWEEKQPGU 5KUVGOC GN¾EVTKEQ )GPGTCNKFCFGU %QPUWNVG VCODK¾P NCU UGEEKQPGUKCITCOCU GN¾EVTKEQU [%QPGZKQPGU GN¾EVTKECU )# C )#% 'N UKUVGOC GN¾EVTKEQ EQPUVC FG NQU EQORQPGPVGU UKIWKGPVGU %WDÃEWNQ GN¾EVTKEQ GP )# C )#% GLGORNQ VÃRKEQ 4GHGTGPEKC GUKIPCEKÉP ( (WUKDNGU ( (WUKDNGU (( (WUKDNGU UÉNQ GP (WNN(GCVWTG EQP +( ( 4GN¾ FG UQDTGECTIC OQVQT FGN EQORTGUQT 3 KU[WPVQT OQVQT FG XGPVKNCFQT EQORTGUQTGU TGHTKIGTCFQU RQT CKTG - %QPVCEVQT CWZKNKCT RCTC UGECFQT UÉNQ GP (WNN(GCVWTG EQP +( - %QPVCEVQT FG NÃPGC - %QPVCEVQT FG GUVTGNNC - %QPVCEVQT FG VTK±PIWNQ - 4GN¾ FG UGEWGPEKC FG HCUGU 6 6TCPUHQTOCFQT : 4GINGVC FG DQTPGU UWOKPKUVTQ FG VGPUKÉP :: %QPGEVQTGU 2' $QTPG FG RWGUVC C VKGTTC
  • 24. /CPWCN FG KPUVTWEEKQPGU KCITCOCU GN¾EVTKEQU KCITCOC FG 'NGMVTQPKMQP + KCITCOC FG UGTXKEKQ FG )# C )#% EQP 'NGMVTQPKMQP + [ CTTCPECFQT GUVTGNNCVTK±PIWNQ 4GHGTGPEKC GUKIPCEKÉP +PUVCNCEKÉP FGN ENKGPVG 1REKÉP 1REKÉP UGECFQT OQPQH±UKEQ Q VTKH±UKEQ 6QFQU NQU XQNVCLGU [ * EQP GZEGREKÉP FG 8 * 8 * %QPGZKÉP GP GUVTGNNC VQFQU NQU FGO±U XQNVCLGU %QPGZKÉP GP VTK±PIWNQ 8 * #TTCPSWGRCTCFC C FKUVCPEKC 5QDTGECTIC OQVQT 2CTCFC FG GOGTIGPEKC 2CTCFC FG GOGTIGPEKC C FKUVCPEKC 1REKÉP FG FKURQUKVKXQ GNGEVTÉPKEQ FG FTGPCLG FG CIWC '9
  • 25. /CPWCN FG KPUVTWEEKQPGU GUKIPCEKQPGU RCTC EQORTGUQTGU 'NGMVTQPKMQP + 4GHGTGPEKC 5GPUQTGUX±NXWNCU FG UQNGPQKFGFKURQUKVKXQ FG FTGPCLG GNGEVTÉPKEQ 26 5GPUQT FG RTGUKÉP UCNKFC FG CKTG 66 5GPUQT FG VGORGTCVWTC UCNKFC FGN GNGOGPVQ 66 5GPUQT FG VGORGTCVWTC RWPVQ FG TQEÃQ (WNN(GCVWTG ; 8±NXWNC FG UQNGPQKFG FG ECTIC 4GHGTGPEKC /QVQTGU / /QVQT FG CEEKQPCOKGPVQ / /QVQT FGN XGPVKNCFQT EQORTGUQTGU TGHTKIGTCFQU RQT CKTG 4GHGTGPEKC #TOCTKQ GN¾EVTKEQ )# C )#% (( (WUKDNGU ( 4GN¾ FG UQDTGECTIC OQVQT FG CEEKQPCOKGPVQ - %QPVCEVQT FG NÃPGC - %QPVCEVQT FG GUVTGNNC - %QPVCEVQT FG VTK±PIWNQ 3 KU[WPVQT OQVQT FG XGPVKNCFQT - 4GN¾ FG UGEWGPEKC FG HCUGU 6 6TCPUHQTOCFQT :: 4GINGVCU FG DQTPGU :: %QPGEVQTGU 4GHGTGPEKC /ÉFWNQ FG EQPVTQN + $QVÉP FG CTTCPSWG - 4GN¾ FG DNQSWGQ - 4GN¾ CWZKNKCT EQPVCEVQT FG GUVTGNNC - 4GN¾ CWZKNKCT EQPVCEVQT FG VTK±PIWNQ - 4GN¾ CWZKNKCT ECTICFGUECTIC - 4GN¾ CWZKNKCT UGECFQT - 4GN¾ CWZKNKCT RCTCFC FG CNCTOC 1 $QVÉP FG RCTCFC 5 $QVÉP FG RCTCFC FG GOGTIGPEKC 4GHGTGPEKC 'SWKRQ QREKQPCN RCTC )# C )#% # 5GECFQT (WNN(GCVWTG $ KURQUKVKXQ GNGEVTÉPKEQ FG FTGPCLG FG CIWC '9 4- 2TQVGEEKÉP FG VGTOKUVQT FG OQVQT FG CEEKQPCOKGPVQ RCTCFC FG CNCTOC 4- 2TQVGEEKÉP FG VGTOKUVQT FG OQVQT FG CEEKQPCOKGPVQ CXKUQ
  • 26. /CPWCN FG KPUVTWEEKQPGU KCITCOC FG 'NGMVTQPKMQP ++ KCITCOC FG UGTXKEKQ FG )# C )#% EQP 'NGMVTQPKMQP ++ [ CTTCPECFQT GUVTGNNCVTK±PIWNQ 4444 %CNGPVCFQTGU RTQVGEEKÉP EQPVTC EQPIGNCEKÉP 4 %CNGPVCFQTGU CPVKEQPFGPUCEKÉP 5 +PVGTTWRVQT UGRCTCFQT RTKPEKRCN FG GPGTIÃC GN¾EVTKEC 65.. 6GTOQUVCVQ RTQVGEEKÉP EQPVTC EQPIGNCEKÉP FG EWDÃEWNQ ; 8±NXWNC FG UQNGPQKFG 4GHGTGPEKC 'SWKRQ QREKQPCN RCTC )# C )#% 4GHGTGPEKC GUKIPCEKÉP +PUVCNCEKÉP FGN ENKGPVG 1REKÉP 1REKÉP UGECFQT OQPQH±UKEQ Q VTKH±UKEQ 6QFQU NQU XQNVCLGU EQP GZEGREKÉP FG 8 * 8 * %QPGZKÉP GP GUVTGNNC VQFQU NQU FGO±U XQNVCLGU %QPGZKÉP GP VTK±PIWNQ 8 * 2CTCFC FG GOGTIGPEKC #TTCPSWGRCTCFC C FKUVCPEKC
  • 27. /CPWCN FG KPUVTWEEKQPGU GUKIPCEKQPGU RCTC 'NGMVTQPKMQP %CTICFGUECTIC TGOQVC GVGEEKÉP RTGUKÉP TGOQVC %QPVCEVQ CWZKNKCT - 2 FGNVC FG HKNVTQ 5GNGEEKÉP FG DCPFC FG RTGUKÉP C FKUVCPEKC 1REKÉP '5 2CTCFC FG GOGTIGPEKC C FKUVCPEKC %QPVCEVQU CWZKNKCTGU 4GHGTGPEKC GUKIPCEKÉP 4GHGTGPEKC 5GPUQTGUX±NXWNCU FG UQNGPQKFGFKURQUKVKXQ FG FTGPCLG GNGEVTÉPKEQ 26 5GPUQT FG RTGUKÉP UCNKFC FG CKTG 66 5GPUQT FG VGORGTCVWTC UCNKFC FGN GNGOGPVQ 66 5GPUQT FG VGORGTCVWTC RWPVQ FG TQEÃQ (WNN(GCVWTG EQP +( ; 8±NXWNC FG UQNGPQKFG FG ECTIC 4GHGTGPEKC /QVQTGU / /QVQT FG CEEKQPCOKGPVQ / /QVQT FGN XGPVKNCFQT EQORTGUQTGU TGHTKIGTCFQU RQT CKTG 4GHGTGPEKC #TOCTKQ GN¾EVTKEQ RCTC )# C )#% ( (WUKDNGU ( 4GN¾ FG UQDTGECTIC OQVQT FG CEEKQPCOKGPVQ - %QPVCEVQT FG NÃPGC - %QPVCEVQT FG GUVTGNNC - %QPVCEVQT FG VTK±PIWNQ - 4GN¾ FG UGEWGPEKC FG HCUGU 3 KU[WPVQT OQVQT FG XGPVKNCFQT 6 6TCPUHQTOCFQTGU : : 4GINGVCU FG DQTPGU : %QPGEVQTGU 4GHGTGPEKC /ÉFWNQ FG EQPVTQN + $QVÉP FG CTTCPSWG - 4GN¾ FG DNQSWGQ - 4GN¾ CWZKNKCT EQPVCEVQT FG GUVTGNNC - 4GN¾ CWZKNKCT EQPVCEVQT FG VTK±PIWNQ - 4GN¾ CWZKNKCT ECTICFGUECTIC - 4GN¾ CWZKNKCT CNVCDCLC RTGUKÉP FG CKTG - 4GN¾ CWZKNKCT UGECFQT
  • 28. /CPWCN FG KPUVTWEEKQPGU 5GECFQT FG CKTG +( KCITCOC FG HNWLQ 5GECFQT FG CKTG )# JCUVC )#% - 4GN¾ CWZKNKCT HWPEKQPCOKGPVQ OCPWCNCWVQO±VKEQ - 4GN¾ CWZKNKCT CXKUQ - 4GN¾ CWZKNKCT RCTCFC FG CNCTOC 1 $QVÉP FG RCTCFC 5 $QVÉP FG RCTCFC FG GOGTIGPEKC 4GHGTGPEKC 'SWKRQ QREKQPCN RCTC )# C )#% # 5GECFQT (WNN(GCVWTG #+' /ÉFWNQ FG GZRCPUKÉP GPVTCFC CPCNÉIKEC $ KURQUKVKXQ GNGEVTÉPKEQ FG FTGPCLG FG CIWC '9 -ʼn 4GN¾ CWZKNKCT ECTICFGUECTIC QREKÉP '5 - %QPVCEVQT CWZKNKCT EQORTGUQT GP OCTEJC QREKÉP '5 25 +PVGTTWRVQT 2 RCTC HKNVTQ 4- 2TQVGEEKÉP FG VGTOKUVQT FG OQVQT FG CEEKQPCOKGPVQ RCTCFC FG CNCTOC 4- 2TQVGEEKÉP FG VGTOKUVQT FG OQVQT FG CEEKQPCOKGPVQ CXKUQ 4444 %CNGPVCFQTGU RTQVGEEKÉP EQPVTC EQPIGNCEKÉP 4 %CNGPVCFQTGU CPVKEQPFGPUCEKÉP 5 +PVGTTWRVQT UGRCTCFQT RTKPEKRCN FG GPGTIÃC GN¾EVTKEC 6 6TCPUHQTOCFQT UGECFQT 65.. 6GTOQUVCVQ RTQVGEEKÉP EQPVTC EQPIGNCEKÉP FG EWDÃEWNQ 66 5GPUQTGU FG VGORGTCVWTC TGEWRGTCEKÉP FG GPGTIÃC ; 8±NXWNC FG UQNGPQKFG 4GHGTGPEKC /ÉFWNQ FG EQPVTQN
  • 29. /CPWCN FG KPUVTWEEKQPGU %KTEWKVQ FG CKTG EQORTKOKFQ 'N CKTG EQORTKOKFQ GPVTC GP GN KPVGTECODKCFQT FG ECNQT [ UG GPHTÃC OGFKCPVG GN CKTG UGECFQ [ HTÃQ SWG UCNG 'N CIWC FGN CKTG SWG GPVTC GORKGC C EQPFGPUCTUG .WGIQ GN CKTG HNW[G C VTCX¾U FGN KPVGTECODKCFQT FG ECNQTGXCRQTCFQT FQPFG GN TGHTKIGTCPVG UG GXCRQTC JCEKGPFQ SWG GN CKTG EQPVKPÐG GPHTK±PFQUG JCUVC CEGTECTUG C NC VGORGTCVWTC FG GXCRQTCEKÉP FGN TGHTKIGTCPVG 5G EQPFGPUC O±U CIWC GP GN CKTG 'N CKTG HTÃQ RCUC GP UGIWKFC C VTCX¾U FGN UGRCTCFQT FQPFG VQFQ GN EQPFGPUCFQ UG UGRCTC FGN CKTG 'N EQPFGPUCFQ UG RWTIC CWVQO±VKECOGPVG C VTCX¾U FG NC UCNKFC 'N CKTG UGECFQ [ HTÃQ RCUC C VTCX¾U FGN KPVGTECODKCFQT FG ECNQT FQPFG UG ECNKGPVC OGFKCPVG GN CKTG SWG GPVTC %KTEWKVQ FG TGHTKIGTCPVG 'N EQORTGUQT FGUECTIC ICU TGHTKIGTCPVG ECNKGPVG C CNVC RTGUKÉP SWG HNW[G C VTCX¾U FGN EQPFGPUCFQT FQPFG UG EQPFGPUC NC OC[QT RCTVG FGN TGHTKIGTCPVG 'N NÃSWKFQ RCUC C VTCX¾U FGN UGECFQTHKNVTQ FG TGHTKIGTCPVG NÃSWKFQ CN VWDQ ECRKNCT 'N TGHTKIGTCPVG UCNG FGN VWDQ ECRKNCT C RTGUKÉP FG GXCRQTCEKÉP 'N TGHTKIGTCPVG GPVTC GP GN GXCRQTCFQT FQPFG SWKVC ECNQT CN CKTG EQORTKOKFQ OGFKCPVG WPC PWGXC GXCRQTCEKÉP C RTGUKÉP EQPUVCPVG 'N TGHTKIGTCPVG ECNGPVCFQ UCNG FGN GXCRQTCFQT [ GU CURKTCFQ RQT GN EQORTGUQT .C X±NXWNC FG FGTKXCEKÉP TGIWNC GN HNWLQ FG TGHTKIGTCPVG 'N XGPVKNCFQT NQ EQPGEVC Q FGUEQPGEVC GN KPVGTTWRVQT UGIÐP GN ITCFQ FG ECTIC FGN EKTEWKVQ FG TGHTKIGTCPVG 2CTC )# C )#% CFGO±U GN OQVQT FGN EQORTGUQT KPEQTRQTC WPC RTQVGEEKÉP V¾TOKEC 5K UG RCTC GN OQVQT FGN EQORTGUQT FGURW¾U FG FKURCTCT NC RTQVGEEKÉP V¾TOKEC RWGFG SWG RCUGP JCUVC JQTCU CPVGU FG SWG UG JC[CP GPHTKCFQ NQU FGXCPCFQU FGN OQVQT 4GHGTGPEKC GUKIPCEKÉP # )CU TGHTKIGTCPVG $ .ÃSWKFQ TGHTKIGTCPVG % %QPFGPUCFQ #+ 'PVTCFC FG CKTG #1 5CNKFC FG CKTG +PVGTECODKCFQT FG ECNQT CKTGCKTG +PVGTECODKCFQT FG ECNQTGXCRQTCFQT CKTGTGHTKIGTCPVG 5GRCTCFQT FG EQPFGPUCFQ 5CNKFC FG EQPFGPUCFQ %QORTGUQT FG TGHTKIGTCPVG %QPFGPUCFQT FG TGHTKIGTCPVG 5GECFQTHKNVTQ FG TGHTKIGTCPVG NÃSWKFQ 6WDQ ECRKNCT 8±NXWNC FG FGTKXCEKÉP FG ICU ECNKGPVG 8GPVKNCFQT FG TGHTKIGTCEKÉP FG EQPFGPUCFQT 2TGUQUVCVQ EQPVTQN FGN XGPVKNCFQT
  • 30. /CPWCN FG KPUVTWEEKQPGU 4GIWNCFQT 'NGMVTQPKMQP + 4GIWNCFQT 'NGMVTQPKMQP + 2CPGN FG EQPVTQN +PVTQFWEEKÉP 'P IGPGTCN GN TGIWNCFQT 'NGMVTQPKMQP GLGEWVC NCU UKIWKGPVGU HWPEKQPGU Ő %QPVTQNCT GN EQORTGUQT Ő 2TQVGIGT GN EQORTGUQT Ő /QPKVQTKCT NQU EQORQPGPVGU UWLGVQU C UGTXKEKQ Ő #TTCPSWG CWVQO±VKEQ FGURW¾U FG KPVGTTWREKÉP FGN XQNVCLG JGEJQ KPCEVKXQ %QPVTQN CWVQO±VKEQ FGN EQORTGUQT 'N TGIWNCFQT OCPVKGPG NC RTGUKÉP FG NC TGF GPVTG NQU NÃOKVGU RTQITCOCDNGU ECTICPFQ [ FGUECTICPFQ GN EQORTGUQT CWVQO±VKECOGPVG 5G VKGPG GP EWGPVC WP PÐOGTQ FG CLWUVGU RTQITCOCDNGU R GL NCU RTGUKQPGU FG FGUECTIC [ ECTIC GN VKGORQ OÃPKOQ FG RCTCFC [ GN PÐOGTQ O±ZKOQ FG CTTCPSWGU FGN OQVQT 'N TGIWNCFQT RCTC GN EQORTGUQT ECFC XG SWG UGC RQUKDNG EQP QDLGVQ FG TGFWEKT GN EQPUWOQ FG GPGTIÃC [ XWGNXG C CTTCPECTNQ CWVQO±VKECOGPVG EWCPFQ DCLG NC RTGUKÉP FG NC TGF 2TQVGIGT GN EQORTGUQT 2CTCFC FG CNCTOC 5K NC VGORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT GZEGFG GN PKXGN FG RCTCFC FG CNCTOC RTQITCOCFQ UG RCTCT± GN EQORTGUQT 'UVQ UG KPFKEC GP GN FKURNC[ 'N EQORTGUQT UG RCTCT± VCODK¾P GP ECUQ FG UQDTGECTIC FGN OQVQT FG CEEKQPCOKGPVQ .QU EQORTGUQTGU TGHTKIGTCFQU RQT CKTG VCODK¾P UG FGVGPFT±P GP ECUQ FG UQDTGECTIC FGN OQVQT FGN XGPVKNCFQT #XKUQ FG RCTCFC FG CNCTOC 7P PKXGN FG CXKUQ FG RCTCFC FG CNCTOC GU WP PKXGN RTQITCOCDNG DCLQ GN PKXGN FG RCTCFC FG CNCTOC 5K CNIWPC FG NCU OGFKFCU GZEGFG GN PKXGN FG CXKUQ FG RCTCFC FG CNCTOC RTQITCOCFQ UG KPFKECT± GUVQ VCODK¾P EQP QDLGVQ FG CXKUCT CN QRGTCFQT CPVGU FG SWG UG NNGIWG C FKEJQ PKXGN FG RCTCFC FG CNCTOC #PVGU FG UQNWEKQPCT EQPUWNVG NCU 2TGECWEKQPGU FG UGIWTKFCF
  • 31. /CPWCN FG KPUVTWEEKQPGU #XKUQ FG UGTXKEKQ 5K GN VGORQTKCFQT FG UGTXKEKQ GZEGFG WP XCNQT RTQITCOCFQ UG KPFKECT± GUVQ GP GN FKURNC[ EQP QDLGVQ FG CXKUCT CN QRGTCFQT SWG NNGXG C ECDQ EKGTVCU CEEKQPGU FG UGTXKEKQ 4GCTTCPSWG CWVQO±VKEQ FGURW¾U FG KPVGTTWREKÉP FGN XQNVCLG 'N TGIWNCFQT KPEQTRQTC WPC HWPEKÉP FG CTTCPSWG CWVQO±VKEQ FGN EQORTGUQT CN TGUVCDNGEGTUG GN XQNVCLG FGURW¾U FG WPC KPVGTTWREKÉP GN¾EVTKEC KEJC HWPEKÉP GUV± FGUCEVKXCFC GP NQU EQORTGUQTGU SWG UCNGP FG NC H±DTKEC 0Q QDUVCPVG GU RQUKDNG CEVKXCTNC UK CUÃ UG FGUGC %QPUWNVG C #VNCU %QREQ 2CPGN FG EQPVTQN 4GIWNCFQT 'NGMVTQPKMQP + 5K UG JC CEVKXCFQ NC HWPEKÉP [ C EQPFKEKÉP FG SWG GN OÉFWNQ UG GPEQPVTCTC GP GN OQFQ FG HWPEKQPCOKGPVQ CWVQO±VKEQ GN EQORTGUQT XQNXGT± C CTTCPECT CWVQO±VKECOGPVG UK UG TGUVCDNGEG GN XQNVCLG FG UWOKPKUVTQ CN OÉFWNQ 4GH GUKIPCEKÉP (WPEKÉP 5 $QVÉP FG RCTCFC FG GOGTIGPEKC 2WNUCFQT RCTC RCTCT GN EQORTGUQT CN KPUVCPVG GP ECUQ FG GOGTIGPEKC GURW¾U FG UQNWEKQPCT NC CXGTÃC VKTG FGN DQVÉP RCTC FGUDNQSWGCTNQ [ RWNUG NC VGENC FG TGCTOG $QVÉP FG RCTCFC 2WNUCFQT RCTC RCTCT GN EQORTGUQT 5G CRCIC GN .' 'N EQORTGUQT UG RCTCT± FGURW¾U FG HWPEKQPCT GP FGUECTIC WPQU UGIWPFQU $QVÉP FG CTTCPSWG 2WNUCFQT RCTC CTTCPECT GN EQORTGUQT 'N .' UG GPEKGPFG NQ SWG KPFKEC SWG GN TGIWNCFQT GUV± QRGTCVKXQ GP HWPEKQPCOKGPVQ CWVQO±VKEQ KURNC[ +PFKEC GN GUVCFQ FG HWPEKQPCOKGPVQ FGN EQORTGUQT NQU XCNQTGU CEVWCNOGPVG OGFKFQU [ NQU RCT±OGVTQU RTQITCOCFQU 6GENC FG TGCTOG 6GENC RCTC TGCTOCT GN VGORQTKCFQT FG UGTXKEKQ WPC EQPFKEKÉP FG RCTCFC FG CNCTOC GVE
  • 32. /CPWCN FG KPUVTWEEKQPGU KURNC[ GUETKREKÉP 0QTOCNOGPVG GN FKURNC[ OWGUVTC NQ UKIWKGPVG Ő 'N GUVCFQ FG HWPEKQPCOKGPVQ FGN EQORTGUQT RQT OGFKQ FG RKEVQITCOCU Ő .C RTGUKÉP FG UCNKFC FGN CKTG Ő .C VGORGTCVWTC CEVWCN GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT Ő .C VGORGTCVWTC CEVWCN FGN RWPVQ FG TQEÃQ FG EQORTGUQTGU (WNN(GCVWTG 'N FKURNC[ KPFKEC VCODK¾P VQFQU NQU RCT±OGVTQU OGFKFQU [ RTQITCOCFQU X¾CUG NC UGEEKÉP GURNCCTUG RQT VQFCU NCU RCPVCNNCU 6GENC FG GPVTCFC 6GENC RCTC UGNGEEKQPCT Q XCNKFCT WP RCT±OGVTQ CDTKT WP UWDFKURNC[ Q XQNXGT C WP FKURNC[ CPVGTKQT .' FG XQNVCLG EQPGEVCFQ +PFKEC SWG GUV± EQPGEVCFQ GN XQNVCLG 2KEVQITCOC 8QNVCLG EQPGEVCFQ .' FG CNCTOC IGPGTCN 'UV± GPEGPFKFQ UK GZKUVG WPC EQPFKEKÉP FG CXKUQ .' FG CNCTOC IGPGTCN 2CTRCFGC GP ECUQ FG WPC EQPFKEKÉP FG RCTCFC FG CNCTOC Q RCTCFC FG GOGTIGPEKC 2KEVQITCOC #NCTOC .' FG HWPEKQPCOKGPVQ CWVQO±VKEQ +PFKEC SWG GN TGIWNCFQT EQPVTQNC GN EQORTGUQT CWVQO±VKECOGPVG GN EQORTGUQT UG ECTIC FGUECTIC RCTC [ XWGNXG C CTTCPECT UGIÐP GN EQPUWOQ FG CKTG [ NCU NKOKVCEKQPGU RTQITCOCFCU GP GN TGIWNCFQT 2KEVQITCOC (WPEKQPCOKGPVQ CWVQO±VKEQ 6GENC FG FGURNCCOKGPVQ JCEKC CDCLQ 6GENC RCTC FGURNCCTUG JCEKC CDCLQ RQT NCU RCPVCNNCU Q RCTC FKUOKPWKT WP CLWUVG 6GENC FG FGURNCCOKGPVQ JCEKC CTTKDC 6GENC RCTC FGURNCCTUG JCEKC CTTKDC RQT NCU RCPVCNNCU Q RCTC CWOGPVCT WP CLWUVG 4GH GUKIPCEKÉP (WPEKÉP
  • 33. /CPWCN FG KPUVTWEEKQPGU 2KEVQITCOCU WVKNKCFQU GP NC RCPVCNNC 2KEVQITCOCU 2CPVCNNC RTKPEKRCN 2TQEGFKOKGPVQ %WCPFQ UG EQPGEVG GN XQNVCLG UG OWGUVTC CWVQO±VKECOGPVG NC 2CPVCNNC RTKPEKRCN OWGUVTC GP DTGXG NC UKVWCEKÉP FG HWPEKQPCOKGPVQ FGN EQORTGUQT [ NC RTGUKÉP FG UCNKFC 2CPVCNNC RTKPEKRCN GLGORNQ VÃRKEQ .C RCPVCNNC KPFKEC SWG OCTEJC GN EQORTGUQT GP ECTIC RCTRCFGC NC HNGEJC JQTKQPVCN [ SWG NC RTGUKÉP FG UCNKFC GU FG DCT G %QPUWNVG VCODK¾P NC UGEEKÉP GURNCCTUG RQT VQFCU NCU RCPVCNNCU 2KEVQITCOC GUETKREKÉP 'UVCFQ FG EQORTGUQT %#4)# FWTCPVG OCTEJC GP ECTIC RCTRCFGC NC HNGEJC JQTKQPVCN 'UVCFQ FG EQORTGUQT '5%#4)# *QTCU FG HWPEKQPCOKGPVQ 6GORGTCVWTC FG UCNKFC FGN GNGOGPVQ 6GORGTCVWTC FGN RWPVQ FG TQEÃQ /QVQT Q UQDTGECTIC FG OQVQT $QVÉP FG RCTCFC FG GOGTIGPEKC DCT 5KGORTG EQPUWNVG C #VNCU %QREQ UK CRCTGEG V Q VGUV GP GN FKURNC[
  • 34. /CPWCN FG KPUVTWEEKQPGU #XKUQ FG RCTCFC FG CNCTOC GUETKREKÉP #RCTGEGT± WPC PQVKEKC FG CXKUQ FG RCTCFC FG CNCTOC GP ECUQ FG Ő WPC VGORGTCVWTC FGOCUKCFQ CNVC GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT Ő WPC VGORGTCVWTC FGOCUKCFQ CNVC FGN RWPVQ FG TQEÃQ RCTC EQORTGUQTGU (WNN(GCVWTG 6GORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT Ő 5K GZEGFG NC VGORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT GN PKXGN FG CXKUQ FG RCTCFC FG CNCTOC u% u( PQ RTQITCOCDNG UG GPEGPFGT± GN .' FG CNCTOC [ RCTRCFGCT± GN RKEVQITCOC EQTTGURQPFKGPVG 2CPVCNNC FG CXKUQ VGORGTCVWTC FG UCNKFC FG GNGOGPVQ Ő 2WNUG NC VGENC EQP HNGEJC CRCTGEG T TGIKUVTQ Ő 2WNUG NC VGENC EQP HNGEJC CRCTGEG NC VGORGTCVWTC CEVWCN FGN GNGOGPVQ EQORTGUQT 2CPVCNNC FG CXKUQ VGORGTCVWTC FG UCNKFC FG GNGOGPVQ .C RCPVCNNC OWGUVTC SWG NC VGORGTCVWTC GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT GU u% Ő 3WGFC RQUKDNG FGURNCCTUG RQT QVTCU RCPVCNNCU EQP C[WFC FG NCU VGENCU [ RCTC EQORTQDCT GN GUVCFQ CEVWCN FG QVTQU RCT±OGVTQU Ő 2WNUG GN DQVÉP RCTC RCTCT GN EQORTGUQT [ GURGTG JCUVC SWG JC[C RCTCFQ GHGEVKXCOGPVG Ő GUEQPGEVG GN XQNVCLG TGXKUG GN EQORTGUQT [ JCIC NCU IGUVKQPGU PGEGUCTKCU Ő GUCRCTGEGT± NC PQVKEKC FG CXKUQ VCP RTQPVQ EQOQ FGUCRCTGEC NC EQPFKEKÉP FG CXKUQ RCTRCFGCPFQ DCT RCTRCFGCPFQ u%
  • 35. /CPWCN FG KPUVTWEEKQPGU 6GORGTCVWTC FGN RWPVQ FG TQEÃQ 2CTC EQORTGUQTGU EQP UGECFQT KPVGITCFQ Ő 5K GZEGFG NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ GN PKXGN FG CXKUQ FG RCTCFC FG CNCTOC RTQITCOCDNG UG GPEGPFGT± GN .' FG CNCTOC [ RCTRCFGCT± GN RKEVQITCOC EQTTGURQPFKGPVG 2CPVCNNC FG CXKUQ VGORGTCVWTC FG RWPVQ FG TQEÃQ Ő 2WNUG NC VGENC EQP HNGEJC CRCTGEG T TGIKUVTQ Ő 2WNUG NC VGENC EQP HNGEJC CRCTGEG NC VGORGTCVWTC CEVWCN FGN RWPVQ FG TQEÃQ 2CPVCNNC FG CXKUQ VGORGTCVWTC FG UCNKFC FG GNGOGPVQ .C RCPVCNNC OWGUVTC SWG NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ GU u% Ő 3WGFC RQUKDNG FGURNCCTUG RQT QVTCU RCPVCNNCU EQP C[WFC FG NCU VGENCU [ RCTC EQORTQDCT GN GUVCFQ CEVWCN FG QVTQU RCT±OGVTQU Ő 2WNUG GN DQVÉP RCTC RCTCT GN EQORTGUQT [ GURGTG JCUVC SWG JC[C RCTCFQ GHGEVKXCOGPVG Ő GUEQPGEVG GN XQNVCLG TGXKUG GN EQORTGUQT [ JCIC NCU IGUVKQPGU PGEGUCTKCU Ő GUCRCTGEGT± NC PQVKEKC FG CXKUQ VCP RTQPVQ EQOQ FGUCRCTGEC NC EQPFKEKÉP FG CXKUQ 2CTCFC FG CNCTOC GUETKREKÉP 'N EQORTGUQT UG RCTCT± GP ECUQ FG Ő WPC VGORGTCVWTC GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT SWG GZEGFG GN PKXGN FG RCTCFC FG CNCTOC Ő WP GTTQT FGN UGPUQT FG NC RTGUKÉP FG UCNKFC Ő UQDTGECTIC FGN OQVQT FG CEEKQPCOKGPVQ Ő UQDTGECVIC FGN OQVQT FGN XGPVKNCFQT GP EQORTGUQTGU TGHKIGTCFQU RQT CKTG RCTRCFGCPFQ DCT RCTRCFGCPFQ u%
  • 36. /CPWCN FG KPUVTWEEKQPGU 6GORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT Ő 5K GZEGFG NC VGORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT GN PKXGN FG RCTCFC FG CNCTOC u% u( PQ RTQITCOCDNG UG RCTCT± GN EQORTGUQT RCTRCFGCT± GN .' FG CNCTOC UG CRCICT± GN .' FG HWPEKQPCOKGPVQ CWVQO±VKEQ [ CRCTGEGT± NC RCPVCNNC UKIWKGPVG 2CPVCNNC FG RCTCFC FG CNCTOC VGORGTCVWTC FG UCNKFC FG GNGOGPVQ Ő 2WNUG NC VGENC FG GPVTCFC CRCTGEG T TGIKUVTQ Ő 2WNUG NC VGENC EQP HNGEJC CRCTGEG NC VGORGTCVWTC CEVWCN FGN GNGOGPVQ EQORTGUQT 2CPVCNNC FG RCTCFC FG CNCTOC VGORGTCVWTC FG UCNKFC FG GNGOGPVQ .C RCPVCNNC OWGUVTC SWG NC VGORGTCVWTC GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT GU u% Ő GUEQPGEVG GN XQNVCLG [ JCIC NCU IGUVKQPGU PGEGUCTKCU RCTC UQNWEKQPCT NC CXGTÃC Ő GURW¾U FG TGOGFKCT [ FGUCRCTGEKFC NC EQPFKEKÉP FG RCTCFC FG CNCTOC EQPGEVG GN XQNVCLG [ RQPIC GN EQORTGUQT GP OCTEJC 5QDTGECTIC FGN OQVQT Ő 'P ECUQ FG UQDTGECTIC FGN OQVQT UG RCTCT± GN EQORTGUQT RCTRCFGCT± GN .' FG CNCTOC UG CRCICT± GN .' FG HWPEKQPCOKGPVQ CWVQO±VKEQ [ CRCTGEGT± NC RCPVCNNC UKIWKGPVG 2CPVCNNC FG RCTCFC FG CNCTOC UQDTGECTIC FGN OQVQT Ő GUEQPGEVG GN XQNVCLG [ JCIC NCU IGUVKQPGU PGEGUCTKCU RCTC UQNWEKQPCT NC CXGTÃC Ő GURW¾U FG TGOGFKCT [ FGUCRCTGEKFC NC EQPFKEKÉP FG RCTCFC FG CNCTOC EQPGEVG GN XQNVCLG [ RQPIC GN EQORTGUQT GP OCTEJC RCTRCFGCPFQ RCTRCFGCPFQ u% RCTRCFGCPFQ
  • 37. /CPWCN FG KPUVTWEEKQPGU #XKUQ FG UGTXKEKQ GUETKREKÉP #RCTGEGT± WP CXKUQ FG UGTXKEKQ CN CNECPCT GN VGORQTKCFQT FG UGTXKEKQ GN KPVGTXCNQ FG VKGORQ RTQITCOCFQ Ő 5K GN VGORQTKCFQT FG UGTXKEKQ GZEGFG GN KPVGTXCNQ RTQITCOCFQ UG GPEGPFGT± GN .' FG CNCTOC Ő 2WNUG NC VGENC EQP HNGEJC CRCTGEG T TGIKUVTQ 2WNUG NC VGENC FG GPVTCFC CRCTGEG 5 5GTXKEG 7UG NC VGENC RCTC FGURNCCTUG JCUVC T TGIKUVTQ [ RWNUG NC VGENC FG GPVTCFC 'N CLWUVG FGN VGORQTKCFQT FG UGTXKEKQ UG KPFKEC GP M*TU JQTCU Z 'LGORNQ KPFKEC SWG GN EQORTGUQT JC HWPEKQPCFQ FWTCPVG JQTCU FGUFG GN UGTXKEKQ CPVGTKQT Ő 2WNUG NC VGENC FG GPVTCFC [ NC VGENC RCTC FGURNCCTUG C T TGIKUVTQ 2WNUG NC VGENC RCTC XGTKHKECT NCU JQTCU FG HWPEKQPCOKGPVQ ¾UVCU XCP GZRTGUCFCU GP M*TU JQTCU Z 'LGORNQ FG WPC RCPVCNNC FG JQTCU FG HWPEKQPCOKGPVQ .C RCPVCNNC KPFKEC SWG GN PÐOGTQ FG JQTCU FG HWPEKQPCOKGPVQ GU Ő 2CTG GN EQORTGUQT FGUEQPGEVG GN XQNVCLG [ NNGXG C ECDQ NCU CEEKQPGU FG UGTXKEKQ KPFKECFCU %QPUWNVG NC UGEEKÉP 2TQITCOC FG OCPVGPKOKGPVQ RTGXGPVKXQ Ő GURW¾U FGN UGTXKEKQ TGCTOG GN VGORQTKCFQT FG UGTXKEKQ %QPUWNVG NC UGEEKÉP +PXQECEKÉPTGCTOG FG VGORQTKCFQT FG UGTXKEKQ M*TU Ő .CU CEEKQPGU FG UGTXKEKQ FG NQU KPVGTXCNQU NCTIQU FGDGP KPENWKT NCU CEEKQPGU FG NQU KPVGTXCNQU EQTVQU 'P GN GLGORNQ CTTKDC JC[ SWG TGCNKCT VQFCU NCU QRGTCEKQPGU FG UGTXKEKQ RGTVGPGEKGPVGU CN KPVGTXCNQ FG JQTCU FG HWPEKQPCOKGPVQ CUÃ EQOQ NCU RGTVGPGEKGPVGU CN KPVGTXCNQ FG JQTCU FG HWPEKQPCOKGPVQ Ő 5K UG WUC CEGKVG OKPGTCN GP XG FG #VNCU %QREQ 4QVQKPLGEVHNWKF JC[ SWG FKUOKPWKTUG GN KPVGTXCNQ FGN VGORQTKCFQT FG UGTXKEKQ %QPUWNVG NC UGEEKÉP 2TQITCOC FG OCPVGPKOKGPVQ RTGXGPVKXQ
  • 38. /CPWCN FG KPUVTWEEKQPGU GURNCCTUG RQT VQFCU NCU RCPVCNNCU 2CPGN FG EQPVTQN 2CPGN FG EQPVTQN 'U RQUKDNG FGURNCCTUG RQT VQFCU NCU RCPVCNNCU EQP C[WFC FG NCU VGENCU FG FGURNCCOKGPVQ [ .CU RCPVCNNCU GUV±P FKXKFKFCU GP RCPVCNNCU FG TGIKUVTQU T T [ RCPVCNNCU FG RCT±OGVTQU 2 2 WTCPVG GN FGURNCCOKGPVQ NQU PÐOGTQU FG NCU RCPVCNNCU CRCTGEGP EQPUGEWVKXCOGPVG 'P NC OC[QTÃC FG NQU ECUQU UG OWGUVTCP UKOWNV±PGCOGPVG NC WPKFCF FG OGFKEKÉP [ GN RKEVQITCOC EQTTGURQPFKGPVG EQP GN PÐOGTQ FG NC RCPVCNNC 'P GN ECUQ FG WP CXKUQ Q WPC RCTCFC FG CNCTOC UG GPEWGPVTC CEEGUKDNG WPC RCPVCNNC FG TGIKUVTQ CFKEKQPCN T 'LGORNQ 5G OWGUVTCP GN PÐOGTQ FG NC RCPVCNNC T NC WPKFCF WUCFC M*TU JQTCU Z [ GN RKEVQITCOC EQTTGURQPFKGPVG RCTC NCU JQTCU FG HWPEKQPCOKGPVQ 2WNUG NC VGENC FG GPVTCFC RCTC KPXQECT NCU JQTCU FG HWPEKQPCOKGPVQ CEVWCNGU 4GUWOGP FG NCU RCPVCNNCU M*TU T 2CPVCNNC FG TGIKUVTQ GUKIPCEKÉP 6GOCU TGNCEKQPCFQU T *QTCU FG HWPEKQPCOKGPVQ Z JTU %QPUWNVG NC UGEEKÉP +PXQECEKÉP FG JQTCU FG HWPEKQPCOKGPVQ T *QTCU FG ECTIC Z JTU %QPUWNVG NC UGEEKÉP +PXQECEKÉP FG JQTCU FG ECTIC
  • 39. /CPWCN FG KPUVTWEEKQPGU T #TTCPSWGU FGN OQVQT Z %QPUWNVG NC UGEEKÉP +PXQECEKÉP FG CTTCPSWGU FGN OQVQT T #TTCPSWGU FGN OQVQT Z %QPUWNVG NC UGEEKÉP +PXQECEKÉP FG CTTCPSWGU FGN OQVQT T .GEVWTC FGN VGORQTKCFQT FG UGTXKEKQ %QPUWNVG NC UGEEKÉP +PXQECEKÉPTGCTOG FG VGORQTKCFQT FG UGTXKEKQ T 'UVCFQ FG NC HWPEKÉP TGCTTCPSWG CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLG %QPUWNVG NC UGEEKÉP #TTCPSWG CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLG T 5GTKG RTQITCOCFC FG RCT±OGVTQU %QPUWNVG NC UGEEKÉP 5GTKG FG RCT±OGVTQU 2CPVCNNC FG RCT±OGVTQU GUKIPCEKÉP 6GOCU TGNCEKQPCFQU 2 #LWUVG FG RTGUKÉP FG FGUECTIC %QPUWNVG NC UGEEKÉP +PXQECEKÉP OQFKHKECEKÉP FG RTGUKÉP FG FGUECTIC 2 #LWUVGU FG RTGUKÉP FG ECTIC %QPUWNVG NC UGEEKÉP +PXQECEKÉP OQFKHKECEKÉP FG RTGUKÉP FG ECTIC 2 0KXGN FG CXKUQ RCTC VGORGTCVWTC FG RWPVQ FG TQEÃQ %QPUWNVG NC UGEEKÉP +PXQECEKÉP OQFKHKECEKÉP FG VGORGTCVWTC FG CXKUQ FG RWPVQ FG TQEÃQ 2 #LWUVG FG VGORQTKCFQT FG UGTXKEKQ %QPUWNVG NC UGEEKÉP +PXQECEKÉP OQFKHKECEKÉP FG CLWUVG FG VGORQTKCFQT FG UGTXKEKQ 2 #LWUVG FG WPKFCF FG RTGUKÉP %QPUWNVG NC UGEEKÉP +PXQECEKÉP OQFKHKECEKÉP FG WPKFCF FG RTGUKÉP 2 #LWUVG FG WPKFCF FG VGORGTCVWTC %QPUWNVG NC UGEEKÉP +PXQECEKÉP OQFKHKECEKÉP FG WPKFCF FG VGORGTCVWTC 2 5GNGEEKÉP GPVTG CTTCPSWG ; Q 1. %QPUWNVG NC UGEEKÉP 5GNGEEKÉP GPVTG CTTCPSWG ; Q 1. 2 5GNGEEKÉP FG HWPEKÉP TGCTTCPSWG CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLG CEVKXQ Q PQ ÐPKECOGPVG RCTC #VNCU %QREQ %QPUWNVG NC UGEEKÉP #EVKXCT TGCTTCPSWG CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLG 2 5GNGEEKÉP GPVTG EQPVTQN .QECN Q 4GOQVQ %QPUWNVG NC UGEEKÉP 5GNGEEKÉP GPVTG EQPVTQN NQECN Q TGOQVQ 2 /QFKHKECT UGTKG FG RCT±OGVTQU RTQITCOCFQU ÐPKECOGPVG RCTC #VNCU %QREQ %QPUWNVG NC UGEEKÉP /QFKHKECEKÉP FG UGTKG FG RCT±OGVTQU 2CPVCNNC FG TGIKUVTQ GUKIPCEKÉP 6GOCU TGNCEKQPCFQU
  • 40. /CPWCN FG KPUVTWEEKQPGU (NWLQ FG OGPÐU (NWLQ UKORNKHKECFQ FG OGPÐU
  • 41. /CPWCN FG KPUVTWEEKQPGU +PXQECEKÉP FG VGORGTCVWTCU FG UCNKFC [ RWPVQ FG TQEÃQ 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC EQP HNGEJC UG OQUVTCT± NC VGORGTCVWTC FG UCNKFC .C RCPVCNNC OWGUVTC SWG NC VGORGTCVWTC FG UCNKFC GU u% Ő 2WNUG NC VGENC EQP HNGEJC UG OQUVTCT± NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ .C RCPVCNNC OWGUVTC SWG NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ GU u% Ő GURN±EGUG JCEKC CDCLQ Q CTTKDC RQT NCU RCPVCNNCU EQP C[WFC FG NCU VGENCU EQP HNGEJC [ DCT u% u%
  • 42. /CPWCN FG KPUVTWEEKQPGU +PXQECEKÉP FG JQTCU FG HWPEKQPCOKGPVQ 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC .C RCPVCNNC OWGUVTC NC WPKFCF WUCFC M*TU JQTCU Z [ GN XCNQT NCU JQTCU FG ECTIC FGN EQORTGUQT UQP JQTCU +PXQECEKÉP FG JQTCU FG ECTIC 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN DCT M*TU
  • 43. /CPWCN FG KPUVTWEEKQPGU Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC .C RCPVCNNC OWGUVTC NC WPKFCF WUCFC M*TU JQTCU Z [ GN XCNQT NCU JQTCU FG ECTIC FGN EQORTGUQT UQP JQTCU +PXQECEKÉP FG CTTCPSWGU FGN OQVQT 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC 'UVC RCPVCNNC OWGUVTC GN PÐOGTQ FG CTTCPSWGU FGN OQVQT OWNVKRNKECFQ RQT 2WNUG NC VGENC FG GPVTCFC RCTC XQNXGT C NCU RCPVCNNCU FG TGIKUVTQU Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC DCT M*TU DCT
  • 44. /CPWCN FG KPUVTWEEKQPGU 'UVC RCPVCNNC OWGUVTC GN PÐOGTQ FG CTTCPSWGU FGN OQVQT RQT CÇCFKT CN XCNQT KPFKECFQ GP GN TGIKUVTQ T 'P GN RTGUGPVG GLGORNQ GN PÐOGTQ FG CTTCPSWGU FGN OQVQT GU FG +PXQECEKÉPTGCTOG FG VGORQTKCFQT FG UGTXKEKQ 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC .C RCPVCNNC OWGUVTC NC WPKFCF WUCFC M*TU JQTCU Z [ GN XCNQT GN EQORTGUQT JC HWPEKQPCFQ FWTCPVG JQTCU FGUFG GN UGTXKEKQ CPVGTKQT 4GCTOG FGN VGORQTKCFQT FG UGTXKEKQ *C[ SWG TGCTOCT GN VGORQTKCFQT FGURW¾U FGN UGTXKEKQ X¾CUG NC UGEEKÉP #XKUQ FG UGTXKEKQ Ő GURN±EGUG C NC RCPVCNNC FG TGIKUVTQ T CRCTGEGT± GN XCNQT RGL Ő 2WNUG NC VGENC FG TGCTOG RCTRCFGCT± GN XCNQT NQ SWG KPFKEC SWG GU RQUKDNG TGCTOCTNQ Ő 2WNUG NC VGENC FG GPVTCFC RCTC TGCTOCT GN VGORQTKCFQT C Q RWNUG NC VGENC FG TGCTOG RCTC ECPEGNCT NC QRGTCEKÉP DCT M*TU
  • 45. /CPWCN FG KPUVTWEEKQPGU 4GCTTCPSWG CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLG 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC Ő 5K CRCTGEG PQ GUV± CEVKXC NC HWPEKÉP ŋ4GCTTCPSWG CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLGŌ Ő 5K CRCTGEG GUV± CEVKXC NC HWPEKÉP ŋ4GCTTCPSWG CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLGŌ 5GTKG FG RCT±OGVTQU 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC T [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC GN PÐOGTQ OQUVTCFQ KPFKEC NC UGTKG FG RCT±OGVTQU RTQITCOCFQU GP NC H±DTKEC DCT DCT
  • 46. /CPWCN FG KPUVTWEEKQPGU +PXQECEKÉPOQFKHKECEKÉP FG RTGUKÉP FG FGUECTIC 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC .C RCPVCNNC KPFKEC GN CLWUVG FG NC RTGUKÉP FG FGUECTIC DCT G Ő /QFKHKSWG FKEJQ CLWUVG EQP C[WFC FG NCU VGENCU EQP HNGEJC [ Ő 2WNUG NC VGENC FG GPVTCFC RCTC RTQITCOCT GN PWGXQ XCNQT [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU +PXQECEKÉPOQFKHKECEKÉP FG RTGUKÉP FG ECTIC 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN DCT DCT
  • 47. /CPWCN FG KPUVTWEEKQPGU Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC .C RCPVCNNC KPFKEC GN CLWUVG FG NC RTGUKÉP FG ECTIC DCT G Ő /QFKHKSWG FKEJQ CLWUVG EQP C[WFC FG NCU VGENCU EQP HNGEJC [ Ő 2WNUG NC VGENC FG GPVTCFC RCTC RTQITCOCT GN PWGXQ XCNQT [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU +PXQECEKÉPOQFKHKECEKÉP FG VGORGTCVWTC FG CXKUQ FG RWPVQ FG TQEÃQ 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC DCT DCT DCT u%
  • 48. /CPWCN FG KPUVTWEEKQPGU .C RCPVCNNC OWGUVTC GN CLWUVG FG CXKUQ RCTC NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ  % Ő /QFKHKSWG FKEJQ CLWUVG EQP C[WFC FG NCU VGENCU EQP HNGEJC [ Ő 2WNUG NC VGENC FG GPVTCFC RCTC RTQITCOCT GN PWGXQ XCNQT [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU +PXQECEKÉPOQFKHKECEKÉP FG CLWUVG FG VGORQTKCFQT FG UGTXKEKQ 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC GN CLWUVG FGN VGORQTKCFQT FG UGTXKEKQ UG KPFKEC GP M*TU JQTCU Z 'LGORNQ UKIPKHKEC SWG GN VGORQTKCFQT UG GPEWGPVTC CLWUVCFQ C JQTCU FG HWPEKQPCOKGPVQ Ő /QFKHKSWG FKEJQ CLWUVG EQP C[WFC FG NCU VGENCU EQP HNGEJC [ Ő 2WNUG NC VGENC FG GPVTCFC RCTC RTQITCOCT GN PWGXQ XCNQT [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU +PXQECEKÉPOQFKHKECEKÉP FG WPKFCF FG RTGUKÉP 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN DCT
  • 49. /CPWCN FG KPUVTWEEKQPGU Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC UG OWGUVTCP NQU CLWUVGU RQUKDNGU /RC RUK [ DCT RCTRCFGC NC WPKFCF SWG UG WUC GP TGCNKFCF Ő 5G RWGFG UGNGEEKQPCT QVTC WPKFCF FG RTGUKÉP EQP C[WFC FG NCU VGENCU EQP HNGEJC [ Ő 2WNUG NC VGENC FG GPVTCFC RCTC RTQITCOCT NC PWGXC WPKFCF [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU +PXQECEKÉPOQFKHKECEKÉP FG WPKFCF FG VGORGTCVWTC 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC UG OWGUVTCP NQU CLWUVGU RQUKDNGU u% [ u( RCTRCFGC NC WPKFCF SWG UG WUC GP TGCNKFCF Ő 2WGFG UGNGEEKQPCT QVTC WPKFCF FG VGORGTCVWTC EQP NCU VGENCU EQP HNGEJC [ Ő 2WNUG NC VGENC FG GPVTCFC RCTC RTQITCOCT NC PWGXC WPKFCF [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU DCT DCT
  • 50. /CPWCN FG KPUVTWEEKQPGU 5GNGEEKÉP GPVTG CTTCPSWG ; Q 1. 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC 'N OQFQ FG CTTCPSWG WVKNKCFQ CEVWCNOGPVG RCTRCFGC RCTC ; GUVTGNNCVTK±PIWNQ Q RCTC 1. FKTGEVQ Ő 5G RWGFG UGNGEEKQPCT QVTQ OQFQ FG CTTCPSWG EQP C[WFC FG NCU VGENCU EQP HNGEJC [ Ő 2WNUG NC VGENC FG GPVTCFC RCTC RTQITCOCT GN PWGXQ OQFQ FG CTTCPSWG [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU #EVKXCT TGCTTCPSWG CWVQO±VKEQ FGURW¾U FG HCNNQ FGN XQNVCLG GUETKREKÉP 5ÉNQ GU RQUKDNG OQFKHKECT GUVG RCT±OGVTQ SWG GU CEEGUKDNG GP NC RCPVCNNC 2 FGURW¾U FG KPVTQFWEKT WPC EQPVTCUGÇC %QPUWNVG C #VNCU %QREQ UK FGUGC CEVKXCT GUVC HWPEKÉP 5GNGEEKÉP GPVTG EQPVTQN NQECN Q TGOQVQ 2CPGN FG EQPVTQN 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN DCT
  • 51. /CPWCN FG KPUVTWEEKQPGU Ő 2WNUG NC VGENC EQP HNGEJC JCUVC SWG CRCTGEC 2 [ RWNUG C EQPVKPWCEKÉP NC VGENC FG GPVTCFC 'N OQFQ FG CTTCPSWG WVKNKCFQ CEVWCNOGPVG RCTRCFGC RCTC OQFQ FG EQPVTQN NQECN Q RCTC OQFQ FG EQPVTQN C FKUVCPEKC Ő 5G RWGFG UGNGEEKQPCT QVTQ OQFQ EQP C[WFC FG NCU VGENCU EQP HNGEJC [ Ő 2WNUG NC VGENC FG GPVTCFC RCTC RTQITCOCT GN PWGXQ OQFQ FG EQPVTQN [ XQNXGT C NCU RCPVCNNCU FG RCT±OGVTQU /QFKHKECEKÉP FG UGTKG FG RCT±OGVTQU GUETKREKÉP 5ÉNQ GU RQUKDNG OQFKHKECT GUVG RCT±OGVTQ SWG GU CEEGUKDNG GP NC RCPVCNNC 2 FGURW¾U FG KPVTQFWEKT WPC EQPVTCUGÇC #LWUVGU 2TGUKQPGU FG FGUECTICECTIC EQORTGUQTGU FG * DCT 2TGUKÉP FG FGUECTIC #LWUVG OÃPKOQ #LWUVG FG H±DTKEC #LWUVG O±ZKOQ DCT DCT G DCT (WNN(GCVWTG DCT G DCT DCT G DCT (WNN(GCVWTG DCT G DCT DCT G DCT (WNN(GCVWTG DCT G 2TGUKÉP FG FGUECTIC #LWUVG OÃPKOQ #LWUVG FG H±DTKEC #LWUVG O±ZKOQ DCT RUKI DCT (WNN(GCVWTG RUKI DCT RUKI DCT (WNN(GCVWTG RUKI DCT RUKI DCT (WNN(GCVWTG RUKI
  • 52. /CPWCN FG KPUVTWEEKQPGU 2TGUKQPGU FG FGUECTICECTIC EQORTGUQTGU FG * 2TGUKÉP FG ECTIC #LWUVG OÃPKOQ #LWUVG FG H±DTKEC #LWUVG O±ZKOQ DCT DCT G DCT (WNN(GCVWTG DCT G DCT DCT G DCT (WNN(GCVWTG DCT G DCT DCT G DCT (WNN(GCVWTG DCT G 2TGUKÉP FG ECTIC #LWUVG OÃPKOQ #LWUVG FG H±DTKEC #LWUVG O±ZKOQ DCT RUKI DCT (WNN(GCVWTG RUKI DCT RUKI DCT (WNN(GCVWTG RUKI DCT RUKI DCT (WNN(GCVWTG RUKI 2TGUKÉP FG FGUECTIC #LWUVG OÃPKOQ #LWUVG FG H±DTKEC #LWUVG O±ZKOQ RUK DCT G RUK (WNN(GCVWTG DCT G RUK DCT G RUK (WNN(GCVWTG DCT G RUK DCT G RUK (WNN(GCVWTG DCT G RUK DCT G RUK (WNN(GCVWTG DCT G 2TGUKÉP FG FGUECTIC #LWUVG OÃPKOQ #LWUVG FG H±DTKEC #LWUVG O±ZKOQ RUK RUKI RUK (WNN(GCVWTG RUKI RUK RUKI RUK (WNN(GCVWTG RUKI RUK RUKI RUK (WNN(GCVWTG RUKI RUK RUKI RUK (WNN(GCVWTG RUKI
  • 53. /CPWCN FG KPUVTWEEKQPGU /ÃPKOC FKHGTGPEKC FG RTGUKÉP TGEQOGPFCFC .C OÃPKOC FKHGTGPEKC FG RTGUKÉP TGEQOGPFCFC GPVTG ECTIC [ FGUECTIC GU FG DCT RUKI 6GORGTCVWTC FG UCNKFC FGN GNGOGPVQ .QU CLWUVGU RCTC CXKUQ u% u( [ RCTCFC FG CNCTOC u% u( PQ UQP RTQITCOCDNGU 6GORGTCVWTC FGN RWPVQ FG TQEÃQ 'N CLWUVG FG CXKUQ PQOKPCN GU u % u ( 2TGUKÉP FG ECTIC #LWUVG OÃPKOQ #LWUVG FG H±DTKEC #LWUVG O±ZKOQ RUK DCT G RUK (WNN(GCVWTG DCT G RUK DCT G RUK (WNN(GCVWTG DCT G RUK DCT G RUK (WNN(GCVWTG DCT G RUK DCT G RUK (WNN(GCVWTG DCT G 2TGUKÉP FG ECTIC #LWUVG OÃPKOQ #LWUVG FG H±DTKEC #LWUVG O±ZKOQ RUK RUKI RUK (WNN(GCVWTG RUKI RUK RUKI RUK (WNN(GCVWTG RUKI RUK RUKI RUK (WNN(GCVWTG RUKI RUK RUKI RUK (WNN(GCVWTG RUKI
  • 54. /CPWCN FG KPUVTWEEKQPGU 4GIWNCFQT 'NGMVTQPKMQP ++ 4GIWNCFQT 'NGMVTQPKMQPs ++ 2CPGN FG EQPVTQN )GPGTCNKFCFGU 'P IGPGTCN GN TGIWNCFQT 'NGMVTQPKMQP GLGEWVC NCU UKIWKGPVGU HWPEKQPGU Ő %QPVTQNCT GN EQORTGUQT Ő 2TQVGIGT GN EQORTGUQT Ő /QPKVQTKCT NQU EQORQPGPVGU UWLGVQU C UGTXKEKQ Ő #TTCPSWG CWVQO±VKEQ FGURW¾U FG KPVGTTWREKÉP FGN XQNVCLG JGEJQ KPCEVKXQ %QPVTQN CWVQO±VKEQ FG HWPEKQPCOKGPVQ FGN EQORTGUQT 'N TGIWNCFQT OCPVKGPG NC RTGUKÉP FG NC TGF GPVTG NQU NÃOKVGU RTQITCOCDNGU ECTICPFQ [ FGUECTICPFQ GN EQORTGUQT CWVQO±VKECOGPVG 5G VKGPG GP EWGPVC WP PÐOGTQ FG CLWUVGU RTQITCOCDNGU R GL NCU RTGUKQPGU FG FGUECTIC [ ECTIC GN VKGORQ OÃPKOQ FG RCTCFC [ GN PÐOGTQ O±ZKOQ FG CTTCPSWGU FGN OQVQT 'N TGIWNCFQT RCTC GN EQORTGUQT ECFC XG SWG UGC RQUKDNG EQP QDLGVQ FG TGFWEKT GN EQPUWOQ FG GPGTIÃC [ XWGNXG C CTTCPECTNQ CWVQO±VKECOGPVG EWCPFQ DCLG NC RTGUKÉP FG NC TGF %CUQ FG UGT FGOCUKCFQ DTGXG GN RGTÃQFQ FG FGUECTIC RTGXKUVQ GN EQORTGUQT UKIWG HWPEKQPCPFQ C HKP FG GXKVCT RGTÃQFQU FG RCTCFC FGOCUKCFQ DTGXGU 2TQVGIGT GN EQORTGUQT 2CTCFC FG CNCTOC 5K NC VGORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT GZEGFG GN PKXGN FG RCTCFC FG CNCTOC RTQITCOCFQ UG RCTCT± GN EQORTGUQT 'UVQ UG KPFKEC GP GN FKURNC[ [ RCTRCFGCT± GN .' FG CNCTOC IGPGTCN 'N EQORTGUQT UG RCTCT± VCODK¾P GP ECUQ FG UQDTGECTIC FG NQU UKIWKGPVGU EQORQPGPVGU Ő /QVQT FG CEEKQPCOKGPVQ Ő /QVQT FG XGPVKNCFQT 'U RQUKDNG RTQITCOCT WP PÐOGTQ FG OCPFQU FG CTTCPSWG CWVQO±VKEQRCTCFC SWG CEVÐCP GP WP VKGORQ FCFQ 6GPIC GP EWGPVC SWG UG GLGEWVCT± WP OCPFQ FG CTTCPSWG UK GUV± RTQITCOCFQ [ CEVKXCFQ KPENWUQ FGURW¾U FG RCTCT GN EQORTGUQT OCPWCNOGPVG
  • 55. /CPWCN FG KPUVTWEEKQPGU 5QNWEKQPG GN RTQDNGOC [ TGCTOG NC PQVKEKC %QPUWNVG VCODK¾P GN /GPÐ CVQU FG GUVCFQ #XKUQ FG RCTCFC FG CNCTOC 7P PKXGN FG CXKUQ FG RCTCFC FG CNCTOC GU WP PKXGN RTQITCOCDNG DCLQ GN PKXGN FG RCTCFC FG CNCTOC 5K NC VGORGTCVWTC FG UCNKFC FGN GNGOGPVQ EQORTGUQT UWRGTC GN PKXGN FG CXKUQ FG RCTCFC FG CNCTOC RTQITCOCFQ CRCTGEGT± WPC PQVKEKC GP GN FKURNC[ [ UG GPEGPFGT± GN .' FG CNCTOC IGPGTCN EQP QDLGVQ FG CXKUCT CN QRGTCFQT FG SWG UG GZEGFG GN PKXGN FG CXKUQ FG RCTCFC FG CNCTOC 'N OGPUCLG FGUCRCTGEG GP EWCPVQ FGUCRCTGEG NC EQPFKEKÉP FG CXKUQ #XKUQ FG UGTXKEKQ 7PC UGTKG FG CEEKQPGU FG UGTXKEKQ UG CITWRCP GP NQU NNCOCFQU 2NCPGU FG 5GTXKEKQ # $ % GVE %CFC 2NCP FG 5GTXKEKQ VKGPG WP KPVGTXCNQ FG VKGORQ RTQITCOCFQ 5K UG GZEGFG CNIÐP KPVGTXCNQ CRCTGEGT± WPC PQVKEKC GP GN FKURNC[ EQP QDLGVQ FG CXKUCT CN QRGTCFQT FG SWG NNGXG C ECDQ NCU CEEKQPGU FG UGTXKEKQ RGTVGPGEKGPVGU C FKEJQ RNCP #XKUQ 6CODK¾P CRCTGEG WPC PQVKEKC FG CXKUQ UK Ő 'P EQORTGUQTGU (WNN(GCVWTG EQP UGECFQT +( NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ GU FGOCUKCFQ CNVC GP TGNCEKÉP EQP NC VGORGTCVWTC CODKGPVG 4GCTTCPSWG CWVQO±VKEQ FGURW¾U FG KPVGTTWREKÉP FGN XQNVCLG 'N TGIWNCFQT KPEQTRQTC WPC HWPEKÉP FG CTTCPSWG CWVQO±VKEQ FGN EQORTGUQT CN TGUVCDNGEGTUG GN XQNVCLG FGURW¾U FG WPC KPVGTTWREKÉP GN¾EVTKEC KEJC HWPEKÉP GUV± FGUCEVKXCFC GP NQU EQORTGUQTGU SWG UCNGP FG NC H±DTKEC 0Q QDUVCPVG GU RQUKDNG CEVKXCTNC UK CUÃ UG FGUGC %QPUWNVG C #VNCU %QREQ #PVGU FG UQNWEKQPCT EQPUWNVG NCU 2TGECWEKQPGU FG UGIWTKFCF 5K GUV± CEVKXCFC NC HWPEKÉP [ UKGORTG SWG GN TGIWNCFQT UG GPEWGPVTG GP GN OQFQ FG HWPEKQPCOKGPVQ CWVQO±VKEQ GN EQORTGUQT XQNXGT± C CTTCPECT CWVQO±VKECOGPVG UK GN XQNVCLG FG UWOKPKUVTQ CN OÉFWNQ UG TGUVCDNGEG FGPVTQ FGN RGTÃQFQ RTQITCOCFQ 'N VKGORQ FG TGUVCDNGEKOKGPVQ FG RQVGPEKC GN RGTÃQFQ GP GN SWG FGDG TGUVCDNGEGTUG GN XQNVCLG RCTC RQFGT CTTCPECT CWVQO±VKECOGPVG RWGFG CLWUVCTUG GPVTG [ UGIWPFQU Q CN +PHKPKVQ 5K GN VKGORQ FG TGUVCDNGEKOKGPVQ FG RQVGPEKC UG GPEWGPVTC CLWUVCFQ CN +PHKPKVQ GN EQORTGUQT XQNXGT± C CTTCPECT UKGORTG FGURW¾U FG WPC KPVGTTWREKÉP FGN XQNVCLG KPFGRGPFKGPVGOGPVG FG NQ SWG UG VCTFG GP TGUVCDNGEGTNQ 6CODK¾P GU RQUKDNG RTQITCOCT WP TGVTCUQ FG TGCTTCPSWG JCEKGPFQ SWG XWGNXCP C CTTCPECT RQT GLGORNQ FQU EQORTGUQTGU FG HQTOC EQPUGEWVKXC
  • 56. /CPWCN FG KPUVTWEEKQPGU 2CPGN FG EQPVTQN 4GIWNCFQT 'NGMVTQPKMQP 2CTVGU [ HWPEKQPGU 4GHGTGPEKC GUKIPCEKÉP (WPEKÉP $QVÉP FG CTTCPSWG $QVÉP RCTC CTTCPECT GN EQORTGUQT 'N .' UG GPEKGPFG RCTC KPFKECT SWG GN TGIWNCFQT 'NGMVTQPKMQP GUV± QRGTCVKXQ KURNC[ /WGUVTC OGPUCLGU UQDTG GN GUVCFQ FG HWPEKQPCOKGPVQ FGN EQORTGUQT NC PGEGUKFCF FG UGTXKEKQ Q WP HCNNQ 6GENCU FG FGURNCCOKGPVQ 6GENCU RCTC FGURNCCTUG JCEKC CTTKDC Q CDCLQ RQT GN FKURNC[ 6GENC FG VCDWNCEKÉP 6GENC RCTC UGNGEEKQPCT GN RCT±OGVTQ KPFKECFQ RQT NC HNGEJC JQTKQPVCN 5QNCOGPVG RWGFGP OQFKHKECTUG NQU RCT±OGVTQU UGIWKFQU FG WPC HNGEJC SWG UGÇCNG C NC FGTGEJC 6GENCU FG HWPEKÉP 6GENCU RCTC IQDGTPCT [ RTQITCOCT GN EQORTGUQT .' FG XQNVCLG EQPGEVCFQ +PFKEC SWG GUV± EQPGEVCFQ GN XQNVCLG .' FG CNCTOC IGPGTCN 'UV± GPEGPFKFQ UK GZKUVG WP GUVCFQ FG CXKUQ CXKUQ FG UGTXKEKQ Q CXKUQ FG RCTCFC FG CNCTOC .' FG CNCTOC IGPGTCN 2CTRCFGC UK GZKUVG WPC EQPFKEKÉP FG RCTCFC FG CNCTOC UK UG JC TQVQ WP UGPUQT KORQTVCPVG Q FGURW¾U FG WPC RCTCFC FG GOGTIGPEKC .' FG HWPEKQPCOKGPVQ CWVQO±VKEQ +PFKEC SWG GN TGIWNCFQT GUV± EQPVTQNCPFQ GN EQORTGUQT CWVQO±VKECOGPVG $QVÉP FG RCTCFC $QVÉP RCTC RCTCT GN EQORTGUQT 5G CRCIC GN .' 'N EQORTGUQT UG RCTCT± FGURW¾U FG HWPEKQPCT GP FGUECTIC WPQU UGIWPFQU 5 $QVÉP FG RCTCFC FG GOGTIGPEKC 2WNUCFQT RCTC RCTCT GN EQORTGUQT CN KPUVCPVG GP ECUQ FG GOGTIGPEKC GURW¾U FG UQNWEKQPCT NC CXGTÃC NKDGTG GN DQVÉP VKTCPFQ FG ¾N
  • 57. /CPWCN FG KPUVTWEEKQPGU 6GENCU FG HWPEKÉP 2CPGN FG EQPVTQN 6GENCU FG HWPEKÉP .CU VGENCU UG WUCP RCTC Ő %CTICTFGUECTICT GN EQORTGUQT C OCPQ Ő +PXQECT Q RTQITCOCT CLWUVGU Ő 4GCTOCT WPC PQVKEKC FG UQDTGECTIC FGN OQVQT RCTCFC FG CNCTOC Q UGTXKEKQ Q WPC RCTCFC FG GOGTIGPEKC Ő #EEGFGT C VQFQU NQU FCVQU TGEQIKFQU RQT GN TGIWNCFQT .CU HWPEKQPGU FG NCU VGENCU XCTÃCP UGIÐP GN OGPÐ SWG UG OWGUVTC .C HWPEKÉP TGCN UG KPFKEC LWUVQ GPEKOC FG NC VGENC EQTTGURQPFKGPVG # EQPVKPWCEKÉP UG EKVCP NCU HWPEKQPGU O±U EQOWPGU GUKIPCEKÉP (WPEKÉP #ÇCF #ÇCFG EQOCPFQU FG CTTCPSWGRCTCFC FGN EQORTGUQT FÃCJQTC #VT± 8WGNXG C WPC QREKÉP Q WP OGPÐ SWG UG JC OQUVTCFQ CPVGU %CPE %CPEGNC WP CLWUVG RTQITCOCFQ CN RTQITCOCT RCT±OGVTQU ň$QTTʼn $QTTC EQOCPFQU FG CTTCPSWGRCTCFC FGN EQORTGUQT #[WF 8C C NC FKTGEEKÉP FG #VNCU %QREQ GP +PVGTPGV ň.ÃOʼn /WGUVTC NQU NÃOKVGU RCTC WP CLWUVG RTQITCOCDNG %CTI %CTICT GN EQORTGUQT C OCPQ 2TKP 8QNXGT FGUFG WP OGPÐ C NC RCPVCNNC RTKPEKRCN /GPÐ 'ORGCPFQ FGUFG NC RCPVCNNC RTKPEKRCN QDVKGPG CEEGUQ C NQU UWDOGPÐU /GPÐ 'ORGCPFQ FGUFG WP UWDOGPÐ XWGNXG C WP OGPÐ CPVGTKQT ň/QFʼn /QFKHKEC CLWUVGU RTQITCOCDNGU 2TQI 2TQITCOC CLWUVGU OQFKHKECFQU 4GCT 4GCTOC WP VGORQTKCFQT Q WP OGPUCLG 8NXT 8WGNXG C WPC QREKÉP Q WP OGPÐ SWG UG JC OQUVTCFQ CPVGU GUE GUECTICT GN EQORTGUQT C OCPQ 'ZVT 'PEQPVTCT NC EQPHKIWTCEKÉP FGN OÉFWNQ FGN TGIWNCFQT
  • 58. /CPWCN FG KPUVTWEEKQPGU 6GENCU FG FGURNCCOKGPVQ 2CPGN FG EQPVTQN .CU VGENCU RGTOKVGP SWG GN WUWCTKQ UG FGURNCEG RQT GN FKURNC[ /KGPVTCU UG OWGUVTG GP NC RQUKEKÉP FGTGEJC FGN FKURNC[ WPC HNGEJC SWG UGÇCNG JCEKC CDCLQ RWGFG WUCTUG NC VGENC FG FGURNCCOKGPVQ EQP GN OKUOQ UÃODQNQ RCTC FGURNCCTUG CN EQORQPGPVG UKIWKGPVG /KGPVTCU UG OWGUVTG GP NC RQUKEKÉP FGTGEJC FGN FKURNC[ WPC HNGEJC SWG UGÇCNG JCEKC CTTKDC RWGFG WUCTUG NC VGENC FG FGURNCCOKGPVQ EQP GN OKUOQ UÃODQNQ RCTC FGURNCCTUG CN EQORQPGPVG CPVGTKQT $QVÉP FG RCTCFC FG GOGTIGPEKC 2CPGN FG EQPVTQN 2CTC RCTCT GN EQORTGUQT KPOGFKCVCOGPVG GP ECUQ FG GOGTIGPEKC RWNUG GN DQVÉP FG RCTCFC FG GOGTIGPEKC 5 #PVGU FG GORGCT GN OCPVGPKOKGPVQ Q TGRCTCEKÉP GURGTG JCUVC SWG JC[C RCTCFQ GN EQORTGUQT [ CDTC GN KPVGTTWRVQT UGRCTCFQT KPUVCNCEKÉP FGN ENKGPVG RCTC FGUEQPGEVCT GN XQNVCLG CN EQORTGUQT %KGTTG NC X±NXWNC FG UCNKFC FG CKTG [ CDTC NCU X±NXWNCU FG FTGPCLG OCPWCN FG EQPFGPUCFQ RCTC FGURTGUWTKCT GN UKUVGOC FG CKTG *C[ SWG CRNKECT VQFCU NCU 2TGECWEKQPGU FG UGIWTKFCF RGTVKPGPVGU
  • 59. /CPWCN FG KPUVTWEEKQPGU 2TQITCOCU FG EQPVTQN GUETKREKÉP # HKP FG HCEKNKVCT NC RTQITCOCEKÉP [ GN EQPVTQN UG JCP KORNGOGPVCFQ RTQITCOCU FG EQPVTQN OCPFCFQU RQT OGPÐU GP GN TGIWNCFQT (NWLQ FG OGPÐU FG )# C )#% UKORNKHKECFQ
  • 60. /CPWCN FG KPUVTWEEKQPGU (NWLQ FG OGPÐU FG )# C )#% 9QTMRNCEG (WNN(GCVWTG EQP UGECFQT +( UKORNKHKECFQ
  • 61. /CPWCN FG KPUVTWEEKQPGU /GPÐ RTKPEKRCN /GPÐ 2CPVCNNC RTKPEKRCN (WPEKÉP 2CPGN FG EQPVTQN 'N OGPÐ FG NC RCPVCNNC RTKPEKRCN OWGUVTC GN GUVCFQ FG HWPEKQPCOKGPVQ FGN EQORTGUQT [ HQTOC NC RWGTVC FG GPVTCFC C VQFCU NCU HWPEKQPGU KORNGOGPVCFCU GP GN TGIWNCFQT 2TQEGFKOKGPVQ .C RCPVCNNC RTKPEKRCN CRCTGEG CWVQO±VKECOGPVG CN EQPGEVCT NC EQTTKGPVG 5K PQ UG WUCP PK NCU VGENCU FG HWPEKÉP PK NCU VGENCU EQP HNGEJC [ FWTCPVG CNIWPQU OKPWVQU GN TGIWNCFQT XQNXGT± CWVQO±VKECOGPVG C NC 2CPVCNNC RTKPEKRCN 2TQITCOCT (WPEKÉP 2CPVCNNC RTKPEKRCN /WGUVTC GP DTGXG GN GUVCFQ FG HWPEKQPCOKGPVQ FGN EQORTGUQT 'U NC RWGTVC FG GPVTCFC C VQFCU NCU HWPEKQPGU CVQU FG GUVCFQ +PXQEC GN GUVCFQ FG NCU HWPEKQPGU FG RTQVGEEKÉP FGN EQORTGUQT RCTCFC FG CNCTOC CXKUQ FG RCTCFC FG CNCTOC CXKUQ FG UGTXKEKQ [ CXKUQ 4GCTOC WPC RCTCFC FG CNCTOC UQDTGECTIC FGN OQVQT [ EQPFKEKÉP FG UGTXKEKQ CVQU OGFKFQU +PXQEC NQU FCVQU CEVWCNOGPVG OGFKFQU [ GN GUVCFQ FG WPC UGTKG FG GPVTCFCU %QPVCFQTGU +PXQEC NCU JQTCU FG HWPEKQPCOKGPVQ JQTCU GP ECTIC JQTCU FGN TGIWNCFQT OÉFWNQ [ PÐOGTQ FG CTTCPSWGU FGN OQVQT 'PUC[Q 2TQDCT RCPVCNNC /QFKHKECT RCT±OGVTQU /QFKHKEC NQU CLWUVGU FG Ő 2CT±OGVTQU RGL RTGUKQPGU FG ECTIC [ FGUECTIC Ő 2TQVGEEKQPGU RGL PKXGN FG RCTCFC FG CNCTOC RCTC VGORGTCVWTC Ő 2NCPGU FG UGTXKEKQ VGORQTKCFQTGU RCTC RNCPGU FG UGTXKEKQ Ő (WPEKQPGU FG TGNQL OCPFQU FG CTTCPSWGRCTCFCDCPFC FG RTGUKÉP CWVQO±VKEQU FGN EQORTGUQT Ő %QPHKIWTCEKÉP JQTC HGEJC KFKQOC FG XKUWCNKCEKÉP 5GTXKEKQ +PXQEC RNCPGU FG UGTXKEKQ [ TGCTOC NQU VGORQTKCFQTGU FGURW¾U FG NNGXCT C ECDQ NCU CEEKQPGU FG UGTXKEKQ RGTVGPGEKGPVGU C WP RNCP CVQU IWCTFCFQU +PXQEC NQU FCVQU IWCTFCFQU FCVQU FG ÐNVKOC RCTCFC FG CNCTOC ÐNVKOC RCTCFC FG GOGTIGPEKC
  • 62. /CPWCN FG KPUVTWEEKQPGU 5KGORTG SWG CRCTGEC GP NC RCPVCNNC FG WP UWDOGPÐ RWNUG NC VGENC 2TKP ( RCTC XQNXGT C NC 2CPVCNNC RTKPEKRCN 'LGORNQ FG 2CPVCNNC RTKPEKRCN 'N FKURNC[ KPFKEC Ő .C FGUKIPCEKÉP FGN UGPUQT [ NC KPFKECEKÉP CEVWCN Ő 0QVKEKCU FGN GUVCFQ FG HWPEKQPCOKGPVQ FGN EQORTGUQT Ő ,WUVQ GPEKOC FG NCU VGENCU FG HWPEKÉP NC HWPEKÉP CEVWCN FG FKEJCU VGENCU +PXQECEKÉP FG OGPÐU GUETKREKÉP 2CPGN FG EQPVTQN .C RCPVCNNC RTKPEKRCN CRCTGEG CWVQO±VKECOGPVG CN EQPGEVCTUG GN XQNVCLG .C VGENC EQP HNGEJC CDCLQ UG RWGFG WVKNKCT RCTC WPC EQPUWNVC T±RKFC FG NC UKVWCEKÉP CEVWCN FGN EQORTGUQT GURW¾U FG RWNUCT NC VGENC /GPÐ ( NC QREKÉP CVQU FG GUVCFQ CRCTGEGT± UGIWKFC FG WPC HNGEJC JQTKQPVCN Ő 2WNUG NC VGENC FG VCDWNCEKÉP RCTC UGNGEEKQPCT GUVG OGPÐ ň%QORTGUUQT 1WVʼn 5CNKFC EQORTGU DCT ň#WVQO±V ETIFQʼn /GPÐ ň7PNQCFʼn GUE ( ( ( ň%QORTGUUQT 1WVʼn 5CNKFC EQORTGU DCT ň#WVQO±V ETIFQʼn /GPÐ GUE ( ( (
  • 63. /CPWCN FG KPUVTWEEKQPGU Ő 1 DKGP WVKNKEG NC VGENC EQP HNGEJC CDCLQ JCUVC SWG GN UWDOGPÐ FGUGCFQ XC[C UGIWKFQ FG WPC HNGEJC JQTKQPVCN [ C EQPVKPWCEKÉP RWNUG NC VGENC FG VCDWNCEKÉP RCTC UGNGEEKQPCT GUVG OGPÐ /GPÐ CVQU FG GUVCFQ #XKUQ (WPEKÉP 2CPGN FG EQPVTQN 'N UWDOGPÐ FG CVQU FG GUVCFQ FC KPHQTOCEKÉP UQDTG GN GUVCFQ FG NCU HWPEKQPGU FG RTQVGEEKÉP FGN EQORTGUQT RCTCFC FG CNCTOC CXKUQ FG RCTCFC FG CNCTOC CXKUQ FG UGTXKEKQ [ CXKUQ [ RGTOKVG SWG UG TGCTOG WPC RCTCFC FG CNCTOC UQDTGECTIC FGN OQVQT [ EQPFKEKÉP FG UGTXKEKQ 2TQEGFKOKGPVQ 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN X¾CUG GNOGPÐ FG 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC /GPÐ ( NC QREKÉP CVQU FG GUVCFQ UGT± UGIWKFC FG WPC HNGEJC JQTKQPVCN Ő 2WNUG NC VGENC FG VCDWNCEKÉP 0Q GZKUVG PQVKEKC Ő 'N .' FG CNCTOC IGPGTCN GUV± CRCICFQ [ NC PQVKEKC GP GN FKURNC[ KPFKEC SWG VQFCU NCU EQPFKEKQPGU UQP PQTOCNGU #PVGU FG GORGCT GN OCPVGPKOKGPVQ Q TGRCTCEKÉP RWNUG GN DQVÉP FG RCTCFC GURGTG JCUVC SWG JC[C RCTCFQ GN EQORTGUQT RWNUG GN DQVÉP TQLQ FG RCTCFC FG GOGTIGPEKC [ CDTC GN KPVGTTWRVQT UGRCTCFQT KPUVCNCEKÉP FGN ENKGPVG RCTC FGUEQPGEVCT GN XQNVCLG CN EQORTGUQT %KGTTG NC X±NXWNC FG UCNKFC FG CKTG [ FGURTGUWTKEG GN UKUVGOC FG CKTG ň6QFCU NCU EQPFE UQP 1-ʼn /GPÐ ( ( (
  • 64. /CPWCN FG KPUVTWEEKQPGU 'ZKUVG WP OGPUCLG FG RCTCFC FG CNCTOC Ő 'P ECUQ FG RCTCFC FG CNCTOC FGN EQORTGUQT RCTRCFGCT± GN .' Ő 'P ECUQ FG WPC RCTCFC FG CNCTOC FGDKFQ C WPC VGORGTCVWTC FGOCUKCFQ CNVC GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT Ő .QU KPFKECFQTGU
  • 65.
  • 66. RCTRCFGCP .C RCPVCNNC OWGUVTC NC NGEVWTC CEVWCN u% GN SWG GN EQORTGUQT UG GPEWGPVTG RCTCFQ 2TF [ GN CLWUVG FG RCTCFC u % Ő 5KIWG UKGPFQ RQUKDNG FGURNCCTUG RQT QVTQU OGPÐU RGL RCTC EQORTQDCT NQU XCNQTGU FG QVTQU RCT±OGVTQU #N XQNXGT CN OGPÐ FG CVQU FG GUVCFQ RCTRCFGCT± NC QREKÉP 2CTCFCU KEJC QREKÉP RWGFG UGNGEEKQPCTUG RWNUCPFQ NC VGENC FG VCDWNCEKÉP RCTC XQNXGT C NC RCPVCNNC FG RCTCFC FG CTTKDC 4GCTOG FG RCTCFC FG CNCTOC Ő GUEQPGEVG GN XQNVCLG [ JCIC NCU IGUVKQPGU PGEGUCTKCU RCTC UQNWEKQPCT NC CXGTÃC GURW¾U FG TGOGFKCT [ FGUCRCTGEKFC NC EQPFKEKÉP FG RCTCFC FG CNCTOC EQPGEVG GN XQNVCLG [ RWNUG NC VGENC 4GCT ( Ő 2WNUG NCU VGENCU /GPÐ [ 2TKP RCTC XQNXGT C NC 2CPVCNNC RTKPEKRCN [ TGCTTCPSWG GN EQORTGUQT RQT OGFKQ FGN DQVÉP FG CTTCPSWG 4GCTOG FG UQDTGECTIC FGN OQVQT Ő GUEQPGEVG GN XQNVCLG [ JCIC NCU IGUVKQPGU PGEGUCTKCU RCTC TGOGFKCT NC CXGTÃC 'N TGN¾ FG UQDTGECTIC ( [ GN FKU[WPVQT FGN XGPVKNCFQT 3 FGDGP TGUVCDNGEGTUG OCPWCNOGPVG %QPGEVG GN XQNVCLG [ RWNUG NC VGENC ŋ4GCTŌ ( Ő 2WNUG NCU VGENCU /GPÐ [ 2TKP RCTC XQNXGT C NC 2CPVCNNC RTKPEKRCN [ TGCTTCPSWG GN EQORTGUQT RQT OGFKQ FGN DQVÉP FG CTTCPSWG 'ZKUVG WP OGPUCLG FG CXKUQ FG RCTCFC FG CNCTOC 7P PKXGN FG CXKUQ FG RCTCFC FG CNCTOC GU WP PKXGN RTQITCOCDNG DCLQ GN PKXGN FG RCTCFC FG CNCTOC Ő 5K GZKUVG WP CXKUQ FG RCTCFC FG CNCTOC GUV± GPEGPFKFQ GN .' .C RCPVCNNC RTKPEKRCN UG ECODKCT± C WPC RCPVCNNC RCTGEKFC C NC SWG UKIWG 5CNKFC GNGOGPVQ u% ň2TFʼn ň/CZʼn ň/GPÐ
  • 67.
  • 68. ʼn ň
  • 69.
  • 70. 4GCTʼn ( ( ( ň%QORTGUUQT 1WVʼn 5CNKFC EQORTGU DCT ň
  • 73.
  • 74. ʼn ň
  • 75.
  • 77. /CPWCN FG KPUVTWEEKQPGU Ő .QU KPFKECFQTGU
  • 78.
  • 79. RCTRCFGCP .QU KPFKECFQTGU 2CTQ #XKUQ CRCTGEGP CNVGTPCFCOGPVG EQP NCU PQVKEKCU SWG KPFKECP UK GN EQORTGUQT OCTEJC GP FGUECTIC Q ECTIC Ő 2WNUG NC VGENC /GPÐ ( [ NC VGENC FG VCDWNCEKÉP RCTC UGNGEEKQPCT GN OGPÐ FG CVQU FG GUVCFQ RCTRCFGC NC QREKÉP 2TQVGEEKÉP Ő GURN±EGUG C FKEJC QREKÉP [ UGNGEEKÉPGNC RWNUCPFQ NC VGENC FG VCDWNCEKÉP #RCTGEG WPC RCPVCNNC RCTGEKFC C NC SWG UG OWGUVTC CDCLQ Ő .C RCPVCNNC KPFKEC SWG NC VGORGTCVWTC GP NC UCNKFC FGN GNGOGPVQ EQORTGUQT GZEGFG GN PKXGN FG CXKUQ FG RCTCFC FG CNCTOC RTQITCOCFQ Ő 5K GU RTGEKUQ RCTG GN EQORTGUQT RQT OGFKQ FGN DQVÉP FG RCTCFC [ GURGTG JCUVC SWG UG RCTG GHGEVKXCOGPVG Ő GUEQPGEVG GN XQNVCLG TGXKUG [ TGCNKEG NCU QRGTCEKQPGU PGEGUCTKCU Ő 'N OGPUCLG FG CXKUQ FGUCRCTGEGT± CWVQO±VKECOGPVG GP EWCPVQ FGUCRCTGEC NC EQPFKEKÉP FG CXKUQ 'ZKUVG WP CXKUQ FG UGTXKEKQ Ő 'N .' GUV± GPEGPFKFQ .C RCPVCNNC RTKPEKRCN UG ECODKCT± C WPC RCPVCNNC RCTGEKFC C NC SWG UKIWG Ő .QU KPFKECFQTGU
  • 80.
  • 81. RCTRCFGCP [ NC PQVKEKC FG CXKUQ FG UGTXKEKQ CRCTGEG CNVGTPCFCOGPVG EQP NCU PQVKEKCU SWG KPFKECP UK GN EQORTGUQT OCTEJC GP FGUECTIC Q ECTIC Ő 2WNUG NC VGENC /GPÐ ( [ NC VGENC FG VCDWNCEKÉP RCTC UGNGEEKQPCT GN OGPÐ FG CVQU FG GUVCFQ RCTRCFGC NC QREKÉP 5GTXKEKQ Ő GURN±EGUG C FKEJC QREKÉP [ UGNGEEKÉPGNC RWNUCPFQ NC VGENC FG VCDWNCEKÉP RWGFG SWG RCTRCFGGP FQU QREKQPGU Ő 'PVTCFCU UK UG GZEGFG GN PKXGN FG UGTXKEKQ RTQITCOCFQ FG WP EQORQPGPVG RGL NC ECÃFC FG RTGUKÉP O±ZKOC FGN UGRCTCFQT FG CEGKVG Ő 2NCPGU UK UG GZEGFG GN KPVGTXCNQ FG WP RNCP FG UGTXKEKQ Ő 2CTG GN EQORTGUQT [ FGUEQPGEVG GN XQNVCLG Ő 5K NC PQVKEKC FG UGTXKEKQ UG TGHKTKÉ C 'PVTCFCU UGRCTCFQT FG CEGKVG TGGORNCEG GN UGRCTCFQT EQPGEVG GN XQNVCLG FGURN±EGUG GP GN OGPÐ FG CVQU FG GUVCFQ C 'PVTCFCU [ RWNUG NC VGENC 4GCT RCTC TGCTOCT NC PQVKEKC FG UGTXKEKQ Ő 5K GN CXKUQ FG UGTXKEKQ JCEÃC TGHGTGPEKC C 2NCP TGCNKEG NCU CEEKQPGU FG UGTXKEKQ TGNCVKXCU C NQU RNCPGU KPFKECFQU 4GCTOG NQU VGORQTKCFQTGU FG NQU RNCPGU EQTTGURQPFKGPVGU 2ÉPICUG GP EQPVCEVQ EQP GN %GPVTQ FG 5GTXKEKQ CN %NKGPVG FG #VNCU %QREQ %QPUWNVG NC UGEEKÉP/GPÐ 5GTXKEKQ 5CNKFC FG GNGOGPVQ u% ň2CTʼn ň/CZʼn ň/GPÐ
  • 82.
  • 83. ʼn ( ( ( ň%QORTGUUQT 1WVʼn 5CNKFC EQORTGU DCT ň
  • 85. ʼn 5GTX TGSWGT ň/GPÐ
  • 86.
  • 87. ʼn ň
  • 88.
  • 90. /CPWCN FG KPUVTWEEKQPGU 'ZKUVG WPC PQVKEKC FG CXKUQ Ő 'UV± GPEGPFKFQ GN .' [ CRCTGEGT± GP NC RCPVCNNC WP OGPUCLG FG CXKUQ Ő .QU KPFKECFQTGU
  • 91.
  • 92. RCTRCFGCP [ NC PQVKEKC FG CXKUQ CRCTGEG CNVGTPCFCOGPVG EQP NCU PQVKEKCU SWG KPFKECP UK GN EQORTGUQT OCTEJC GP FGUECTIC Q ECTIC 'UVG CXKUQ KPFKEC Ő 'P EQORTGUQTGU (WNN(GCVWTG EQP UGECFQT +( NC VGORGTCVWTC FGN RWPVQ FG TQEÃQ GU FGOCUKCFQ CNVC GP TGNCEKÉP EQP NC VGORGTCVWTC CODKGPVG Ő 2CTG GN EQORTGUQT [ FGUEQPGEVG GN XQNVCLG +PURGEEKQPG GN EQORTGUQT [ UQNWEKQPG /GPÐ CVQU OGFKFQU 2CPGN FG EQPVTQN (WPEKÉP +PXQECT KPHQTOCEKÉP CEGTEC FG NQU FCVQU OGFKFQU CEVWCNOGPVG [ GN GUVCFQ FG CNIWPCU GPVTCFCU RGL RTQVGEEKÉP FG UQDTGECTIC FGN OQVQT %QPUWNVG GN HNWLQ FG OGPÐU GP NC UGEEKÉP 2TQITCOCU FG EQPVTQN 2TQEGFKOKGPVQ 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN X¾CUG GN OGPÐ FG 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC /GPÐ ( Ő 2WNUG NC VGENC EQP HNGEJC CDCLQ JCUVC SWG CVQU OGFKFQU CRCTGEC UGIWKFQ FG WPC HNGEJC JQTKQPVCN Ő #EVKXG GN OGPÐ RWNUCPFQ NC VGENC FG VCDWNCEKÉP Ő #N RWNUCT NCU VGENCU FG FGURNCCOKGPVQ GPEQPVTCT± WP PÐOGTQ FG FCVQU CEVWCNOGPVG OGFKFQU Ő 5K WPQ FG NQU UGPUQTGU XC EQPGEVCFQ C WPC HWPEKÉP FG RCTCFC FG CNCTOC UGTXKEKQ Q CXKUQ GU RQUKDNG KPXQECT VCPVQ GN XCNQT CEVWCNOGPVG OGFKFQ EQOQ GN PKXGN EQTTGURQPFKGPVG FG RCTCFC FG CNCTOC CXKUQ Q UGTXKEKQ EQP VCP UÉNQ RWNUCT NC VGENC
  • 93. /CPWCN FG KPUVTWEEKQPGU /GPÐ %QPVCFQTGU 2CPGN FG EQPVTQN (WPEKÉP 2CTC KPXQECT Ő .CU JQTCU FG HWPEKQPCOKGPVQ Ő .CU JQTCU FG ECTIC Ő 'N PÐOGTQ FG CTTCPSWGU FGN OQVQT Ő 'N PÐOGTQ FG JQTCU SWG GN TGIWNCFQT OÉFWNQ JC GUVCFQ DCLQ VGPUKÉP Ő 'N PÐOGTQ FG EKENQU FG ECTIC 2TQEGFKOKGPVQ 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN X¾CUG GN OGPÐ FG 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC /GPÐ ( Ő 2WNUG NC VGENC EQP HNGEJC CDCLQ JCUVC SWG NC QREKÉP %QPVCFQTGU XC[C UGIWKFC FG WPC HNGEJC JQTKQPVCN Ő 2WNUG NC VGENC FG VCDWNCEKÉP RCTC CEVKXCT GN OGPÐ Ő #N RWNUCT NC VGENC EQP HNGEJC UG RWGFGP GPEQPVTCT NQU FCVQU OGPEKQPCFQU CPVGTKQTOGPVG 'LGORNQ FG WPC RCPVCNNC %QPVCFQTGU ň*QTCU (PEVQʼn ňJTUʼn ň JTUʼn ň/GPÐʼn ( ( (
  • 94. /CPWCN FG KPUVTWEEKQPGU /GPÐ 2TWGDC 2CPGN FG EQPVTQN (WPEKÉP .NGXCT C ECDQ WPC RTWGDC FG FKURNC[ GU FGEKT EQORTQDCT UK GN FKURNC[ [ NQU .' UKIWGP KPVCEVQU 2CTC EQORTGUQTGU EQP '9 FKURQUKVKXQU FG FTGPCLG GNGEVTÉPKEQ EQORTQDCT GN '9 2TQEGFKOKGPVQ 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN X¾CUG GN OGPÐ FG 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC /GPÐ ( Ő 2WNUG NC VGENC EQP HNGEJC CDCLQ JCUVC SWG NC QREKÉP 2TWGDC XC[C UGIWKFC FG WPC HNGEJC JQTKQPVCN Ő #EVKXG GN OGPÐ RWNUCPFQ NC VGENC FG VCDWNCEKÉP Ő .C QREKÉP 2TQDCT RCPVCNNC UGT± UGIWKFC FG WPC HNGEJC JQTKQPVCN Ő 2CTC RTQDCT GN FKURNC[ RWNUG NC VGENC WTCPVG NC RTWGDC GN TGIWNCFQT IGPGTCT± WPC UGTKG FG RCVTQPGU GP GN FKURNC[ SWG RGTOKVGP CN WUWCTKQ EQORTQDCT SWG ECFC RÃZGN HWPEKQPC CÐP FG HQTOC PQTOCN NQU .' UG GPEKGPFGP C NC XG Ő 2CTC RTQDCT NQU FKURQUKVKXQU GNGEVTÉPKEQU FG FTGPCLG FG CIWC RWNUG NC VGENC EQP HNGEJC CDCLQ JCUVC SWG NC QREKÉP 2WTIC GNGEVTÉP CRCTGEC UGIWKFC FG WPC HNGEJC JQTKQPVCN Ő 2WNUG NC VGENC FG VCDWNCEKÉP RCTC CEVKXCT GN OGPÐ Ő 2WNUG NC VGENC #TTCPSWG 8GTKHKSWG SWG UG CDTG NC X±NXWNC RCTC FGUECTICT EQPFGPUCFQ 5WGNVG NC VGENC #TTCPSWG FGURW¾U FG NC RTWGDC Ő 2WNUG NC VGENC #VT± RCTC XQNXGT CN OGPÐ CPVGTKQT Ő 2WNUG NC VGENC /GPÐ ( RCTC XQNXGT CN UWDOGPÐ /GPÐ /QFKHKECEKÉP FG RCT±OGVTQU (WPEKÉP /QFKHKECT WP PÐOGTQ FG CLWUVGU RTQITCOCDNGU Ő 2CT±OGVTQU X¾CUG NC UGEEKÉP /QFKHKECT RCT±OGVTQU Ő 2TQVGEEKQPGU X¾CUG NC UGEEKÉP /QFKHKECT RTQVGEEKQPGU Ő #LWUVGU FG RNCPGU FG UGTXKEKQ X¾CUG NC UGEEKÉP /QFKHKECT NQU CLWUVGU FG RNCPGU UGTXKEKQ
  • 95. /CPWCN FG KPUVTWEEKQPGU Ő #LWUVGU FG NC HWPEKÉP FG TGNQL X¾CUG NC UGEEKÉP /QFKHKECT NQU CLWUVGU FG NC HWPEKÉP FG TGNQL Ő #LWUVGU FG EQPHKIWTCEKÉP X¾CUG NC UGEEKÉP /QFKHKECT NQU CLWUVGU FG EQPHKIWTCEKÉP /QFKHKECEKÉP FG RCT±OGVTQU 2CPGN FG EQPVTQN (WPEKÉP /QFKHKECT WP PÐOGTQ FG RCT±OGVTQU %QPUWNVG GN HNWLQ FG OGPÐU GP NC UGEEKÉP 2TQITCOCU FG EQPVTQN 2TQEGFKOKGPVQ 'ORGCPFQ FGUFG NC 2CPVCNNC RTKPEKRCN X¾CUG GN OGPÐ FG 2CPVCNNC RTKPEKRCN Ő 2WNUG NC VGENC /GPÐ ( Ő 2WNUG NC VGENC EQP HNGEJC CDCLQ JCUVC SWG /QFKHKE RCT±OGV XC[C UGIWKFC FG WPC HNGEJC JQTKQPVCN Ő #EVKXG GN OGPÐ RWNUCPFQ NC VGENC FG VCDWNCEKÉP Ő 'N RTKOGT EQORQPGPVG 2CT±OGVTQU CRCTGEGT± UGIWKFQ FG WPC HNGEJC JQTKQPVCN Ő 2WNUG NC VGENC FG VCDWNCEKÉP UG OQUVTCT±P GN RTKOGT EQORQPGPVG 2TGUKÉP ECTIC [ UW CLWUVG Ő 2WNUG NC VGENC EQP HNGEJC CDCLQ JCUVC SWG GN RCT±OGVTQ SWG UG XC C OQFKHKECT CRCTGEC UGIWKFQ FG WPC HNGEJC JQTKQPVCN /QFKHKECT RTGUKQPGU FG ECTIC [ FGUECTIC 5K CUÃ UG FGUGC GN QRGTCFQT RWGFG RTQITCOCT FQU DCPFCU FG RTGUKÉP DCPFC [ DCPFC EQP RTGUKQPGU FG ECTIC [ FGUECTIC FKHGTGPVGU .QU CLWUVGU RCTC NC DCPFC XCP KPFKECFQU 2TGUKÉP ECTIC [ 2TGUKÉP FGUECTI NQU CLWUVGU RCTC NC DCPFC XCP KPFKECFQU 2TGU ECTIC [ 2TGU FGUECTIC 'LGORNQ 2CTC NC DCPFC FG RTGUKÉP Ő 2TGUKÉP FG ECTIC DCT Ő 2TGUKÉP FG FGUECTIC DCT 2CTC NC DCPFC FG RTGUKÉP Ő 2TGUKÉP FG ECTIC DCT Ő 2TGUKÉP FG FGUECTIC DCT 2TQEGFKOKGPVQ