- PDF Free Download

Transkrypt

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17 /S 6WDQLVWQLHMÜF\ 3URJQR]\ U U U 0LDVWR0DNÍZ3RGKDODåVNL :VLH*PLQ\ %LDãND *U]HFK\QLD -XV]F]\Q.RMV]ÍZND :LHSU]HF êduqíznd *PLQDRJÍãHP

18 6WDQLVWQLHMÜF\ZU 3URJQR]D:U *UXS\ZLHNX 6WUXNWXUDZLHNX =DVRE\SUDF\ 6WUXNWXUDZLHNX =DVRE\SUDF\ RVRE\ È RVRE\ È RVRE\ È RVRE\ È 2* â(0 *UXS\ZLHNX ODW ODW ODW ODW ODW ODW ODW.0.L ZLàFHM0L ZLàFHM VWDQQDNRQLHFURNXU :\V]F]HJÍOQLHQLH URN URN /S RVRE\ È RVRE\ È 0LHV]NDåF\ RJÍãHP PLDVWR ZLHç =DVRE\VLã\URERF]HM RJÍãHP PLDVWR ZLHç 3UDFXMÜF\ RJÍãHP PLDVWR ZLHç n n %H]URERWQL RJÍãHP PLDVWR ZLHç 6DOGRPLJUDFML RJÍãHP ZDKDGãRZHMrGRMD]GÍZL Z\MD]GÍZGRSUDF\ PLDVWR ZLHç /S 6HNWRU\ URN URN RVRE\ È RVRE\ È 3UDFXMÜF\ZW\VRVÍE 6HNWRU, 6HNWRU,, 6HNWRU,,,

19

20 /3 :\V]F]HJÍOQLHQLHG]LHG]LQ LQIUDVWUXNWXU\VSRãHF]QHM 0LHUQLN *UDQLF]QHZLHONRçFLSRODUR]ZLÜ]Då 8ZDJL 0LDVWR :LHç 0,(6=.$/1,&7:2 SRVLDGDQLHVDPRG]LHOQHJR OJRVSGRP PLHV]NDQLD PLHV]NDå Z\JRGD]DPLHV]NDQLD P SXëP0 OLF]EDRVÍEP 2æ:,$7$,:<&+2:$1,( REMàFLHRSLHNÜSU]HGV]NROQÜ G]LHFLZZLHNXODW ÈXF]HVWQLFWZD ZDUXQNLQDXNLZV]NROQ SRGVWDZ]DJàV]F]HQLH SRPLHV]F]HåGRQDXNL ]PLDQRZRçÞZV]NRãDFK SRGVWDZRZ\FK ZDUXQNLGRQDXNLZV]N SRQDGSRGVW]DJàV]F]HQLH SRPLHV]F]HåGRQDXNL PRëOLZRçÞRSLHNLSR]DUR G]LQQHMGRP\G]LHFND SRJRWRZLHRSLHNXåF]H OXF]QLÍZSRP GRQDXNL ORGG]LDãÍZ SRPGRQDXNL OXF]QLÍZSRP GRQDXNL OPLHMVF0.8/785$ PRëOLZRçÞNRU]\VWDQLD] ELEOLRWHNILOLLELEOLRWHF]Q\FK OPLHV]N SODFÍZNà OZROXPLQÍZ0

21 RçURGNDNXOWXU\NOXE\ P SRZXë LZLàFHM LZLàFHM çzlhwolfhzw\p263 0 NLQ OPLHMVF0 RELHNWÍZVDNUDOQ\FK O0RELHNW 2&+521$='52:,$,23,(.$632â(&=1$ ]DVLàJREVãXJLSU]H] SU]\FKRGQLHUHMRQRZH O0 SODFÍZNàJDE æuhgqlr 0JDE RçURGNL]GURZLD PRëOLZRçÞKRVSLWDOL]DFML OãÍëHN0 2EVãXJDZPLHçFLH PRëOLZRçÞRSLHNLVSRãZ OPLHMVF LZLàFHM GRPDFKSRPRF\VSRãHF]QHM 0 REMàFLH RSLHNÜ Z ëãrendfk OPLHMVF ZJSRWU]HE G]LHFLZZLHNXODW 0 PRëOLZRçÞQDE\FLDOHNÍZ O0 DSWHNà QDJãDSRPRFOHNDUVND O0 :6XFKHM%HVNLG] NDUHWNà +$1'(/ PRëOLZRçÞNRU]\VWDQLD] P :JSRWU]HE :JSRWU]HE SODFÍZHNVNOHSRZ\FK SODFÍZNà U\QNRZ\FK U\QNRZ\FK ZDUXQNLQDE\FLDWRZDUÍZ P SRZXë0 86â8*,%<72:(5=(0,26â2 0RëOLZRçÞNRU]\VWDQLD] XVãXJ]DVSRNDMDMÜF\FK GUREQHSRWU]HE\PDWHULDOQH LQLHPDWHULDOQH O0 ]DNãXVã :JSRWU]HE U\QNRZ\FK :JSRWU]HE U\QNRZ\FK ZDUXQNLREVãXJLOXGQRçFL P SRZXë 0 *$ ,$ PRëOLZRçÞ NRU]\VWDQLD ] OPLHMVF XVãXJ JDVWURQRPLF]Q\FK Z SODFÍZNDFK NRQVVWDãDRUD] VH]0 RJÍOQRGRVWàSQ\FK ZDUXQNLREVãXJLOXGQRçFL P SRZ8ë P 0 PRëOLZRçÞNRU]\VWDQLD] O0 KDOLVDOVSRUWRZ\FK RELHNW Sã\ZDOQL /0 RELHNW 5(.5($&-$=,(/(ä85=Û'=21$ PRëOLZRçÞNRU]\VWDQLD] WHUHQÍZXU]ÜG]RQ\FK]LHOHQL PLHMVNLHM P SRZWHUHQX 0 LZLàFHM RJUÍGNLG]LDãNRZH P SRZWHU0 FPHQWDU]H P SRZWHU0 P RJÍãHPZUHMREVã âû&=12æý ZDUXQNLREVãXJLPLHV]L P SRZXë DNW\ZQRçFLJRVSRGDUF]\FK 0 WHOHIRQL]DFMD ODERQHQWÍZ 0 LZLàFHM LZLàFHM 2&+521$332ê$5 VWRSLHå]DEH]SLHF]HQLDOXG /0SODFÍZNà $'0,1,675$&-$ ZDUXQNLREVãXJL PLHV]NDåFÍZLDNW\ZQRçFL JRVSRGDUF]\FK P SRZXë 0

22 6WDQLVWQLHMÜF\ZURNX 6WDQGRFHORZ\ OS 0LHMVFRZRçÞ =DVRE\PLHV]NDQLRZHLOXGQRçÞ 6WDQGDUG\ ]DVRE\PLHV]NDQLRZHLOXGQRçÞ 6WDQGDUG\ U P L P SXë KD P SXë0 2VÍEL U P L P SXë KD P SXë 2VÍEL LORçÞ0 LORçÞ0 ZW\V, 0DNÍZ3RGK,, :VLH*PLQ\ %LDãND *U]HFK\QLD -XV]F]\Q.RMV]ÍZND :LHSU]HF êduqíznd RJÍãHP /S 0LHMVFRZRçÞ /XGQRçÞ 6WDQLVWQLHMÜF\ 3U]\URVW]DVREÍZ U U 3U]\URVW OXGQRçFL P L P SXëZ W\ç KD P L P SXëZ W\ç KD, 0DNÍZ3RGK,, :VLH*PLQ\ %LDãND *U]HFK\QLD -XV]F]\Q.RMV]ÍZND :LHSU]HF êduqíznd,,, RJÍãHP

23 :\V]F]HJÍOQLHQLH 6WDQLVWQLHMÜF\ 6WDQGRFHORZ\ 3RWU]HE\GRGDWNRZH VWDQGDUG 86â8*,38%/,&=1(,2æ:,$7$,:<&+2:$1,( 3U]HGV]NROD PLDVWR PLHMVF G]LHFLÈ JUXS\ZLHNX %UDNPLHMVF KD ZLHç PLHMVFZW\PZ V]NRãDFK G]LHFLÈÈ JUXS\ZLHNX PLHMVFZEXGOXE KD 6]NRã\SRGVWDZRZH PLDVWR SRPGRQDXNL SRPGRQDXNO :ROQHSRP ZLHç SRPGRQDXNL SRPGRQDXNL :ROQHSRPGRQDXNL ]DPDãHG]LDãNLV]NROQH *U]HFK\QLDKD -XV]F]\QKD %LDãNDKD *LPQD]MXP PLDVWR SRPGRQDXNL SRPSURM SRPGRQDXNL EUDNSRPGRQDXNL EUDNRNRãRKDZ 6]3QUGODJLPQD]MXP ZLHç SRPGRQDXNL SRPGRQDXNL EUDNSRP]DPDãH G]LDãNLZ%LDãFH KD-XV]F]\QLHKD 5D]HP*PLQD SRPGRQDXNLSR ]UHDOL]RZDQLXQDGEXGRZ\ XF]QLÍZ SRPGRQDXNL 6]NRã\SRQDGJLPQD]MDOQH PLDVWR SRPGRQDXNL XF]QLÍZ SRPZ0DNRZLH SRPGRQDXNLKD KD WHUHQXGRKD LQWHUQDWQLHF]\QQ\ ZLHç,,.8/785$ %UDNSRPGRQDXNLOXE ZROQHSRPGRQDXNL %UDNrP SXë EUDNKDOXE KD %LEOLRWHNL PLDVWR SODFÍZND SODFÍZNL %UDNSOZEXGRZDQHM RVSODFÍZNà ZRO0 ZLHç SODFÍZHN SODFÍZHNZRO0 'RP\NXOWXU\çZLHWOLFH PLDVWR 6WDQGDUG P SXë0 SODFÍZNL P SXë0 P SRZ Xë\WNRZHM %UDNVDOLZLGRZLVNRZR NLQRZHMNOXEÍZLçZLHWOLF çurgrzlvnrz\fkeudn P RNKD ZLHç P SX]0 P SXë0 P EUDNP SXëZRE -XV]F]\QLH%LDãFHZEXG 2ELHNW\VDNUDOQH PLDVWR RELHNW\ RELHNW\ ZLHç RELHNWÍZ RELHNWÍZ,QQHRELHNW\r,]ED 5HJLRQDOQD RELHNW RELHNW,,,2&+521$='52:,$,23,(.$632â(&=1$ 3U]\FKRGQLHRçURGNL]GURZLD PLDVWR ZLHç SODFÍZNDrJDE SODFÍZND0 0QDJDEOHNDUVNL ZUHMREVã RELHNWJDE SODFÍZND0 0JDE SODFÍZND0 0UHMREVã 0JDEOHNDUVNL rjde 0JDE RN0UHMREVã %UDNJDELQHWÍZ %UDNJDEZ%LDãFH

24 $SWHNL PLDVWR DSWHNL DSWHNL DSWHND0 0DSWHNà ZLHç DSWHNL0QD DSWHNà DSWHNLZEXGZ -XV]F]\QLHL%LDãFH 6]SLWDOH PLDVWR PLHMVF0 PLHMVF0 ZLHç êãrehn PLDVWR PLHMVF PLHMVFKD ZJSRWU]HE ZLHç 2SLHNDVSRãHF]QD PLDVWR SODFÍZND PLHMVF SODFÍZND PLHMVF PLHMVF0 PLHMVF0 ZLHç,93/$& :.,32&=72:(,7(/(.2081,.$&<-1( PLDVWR ZLHç SODFÍZNL P 0 DE0 SODFÍZNDP SXë0 P SXë0 LZLàFHMDE0 P SXë0 %UDNRNP SXëQS SXQNWSRF]WRZ\Z 0DNRZLH'ROQ\P %UDNP SXë KDOXEZEXGRZDQH Z%LDãFH-XV]F]\QLH 92&+521$35=(&,:32ê$52:$ PLDVWR SODFÍZNL 0QD SODFÍZNà ZLHç SODFÍZHN SODFÍZHN0SO 9,$'0,1,675$&-$38%/,&=1$ PLDVWR P SXë P SXë0 P SXë0 %UDNRNRãRP SXë LKDrKD ZLHç P SXë0 P SXë P SXë0 %UDNP SRZXër VRãW\VÍZNLELXUD 9,,63257 PLDVWR ZLHç 9,,,=,(/(ä85=Û'=21$ FPHQWDU]H PLDVWR ZLHç RELHNW\ KD P SW0 RELHNW\ KD RELHNW 0UHMRQREVãXJL KD P SW0 RELHNW\ KD P SW0UHMRQX REVãXJL KDZUD]]=' P SW0 RELHNW\ KD P SW0 RELHNWÍZ KD RELHNWÍZ 0UHMREVãXJL rkd P SW0 RELHNW\ 0UHMRQXREVãXJL P SW0 rkd KD %UDNRNKDZW\P Sã\ZDOQLDNU\WD KD.ÜSLHOLVNRr%LDãND EDVHQRWZDUW\] ]DSOHF]HPERLVND VSRUWRZHKDGR KDZHZVLDFK%LDãNDL *U]HFK\QLD %UDNrKD %UDNrKD WHUHQXZW\PZ.RMV]ÍZFHL*U]HFK\QL 3R]RVWDãD]LHOHå XU]ÜG]RQD %UDNKDGOD]LHOHQL UHNUHDF\MQHMRVLHGORZHM 5D]HP PLDVWR rkd ZLHç rkd 86/8*,.20(5&<-1( +DQGHOJDVWURQRPLDU]HPLRVãR PLDVWR ZLHç 5D]HPP SXë P SXë0 P SXë P SXë0 P SXë P SXë0 P SXë0 %UDNGRP SRZXë\WNRZHM P SRZXë\WNRZHM

25

26

27

28