QLHXë\WNLÃ UD]HPÃ 5RG]DMÃJUXQWXÃ. SDVWZLVNDÃWUZDãHÃ

Transkrypt

1

2

3 QLHXë\WNL,QQH UD]HP 5RG]DMJUXQWX JUXQW\RUQH VDG\ ãünlwuzdãh SDVWZLVNDWUZDãH ODV\LJUXQW\OHçQH GURJL JUXQW\SRGZRGDPLSã\QÜF\PL

4

5

6

7

8 .DWHJRULD ZÍG $ $ $ 3DUDPHWU - FKORURILOCD $]RWDQ\ P $]RW\Q\ P $]RWRJÍOQ\ P )RVIRURJÍOQ\ P

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24 =DGDQLHSULRU\WHWRZH /DWD UHDOL]DFML -HG 5HDO 5HDOL]DFMDSODQÍZUDFMRQDOQHJRJRVSRGDURZDQLD ZRGÜQSXV]F]HOQLHQLHVLHFLZSURZDG]DQLH ]DPNQLàW\FKRELHJÍZZRG\ =DGDQLH FLÜJãH 8U]à =D SU]HP :SURZDG]HQLHERGéFÍZHNRQRPLF]Q\FKGOD SU]HGVLàZ]LàÞSURHNRORJLF]Q\FKXOJLSRGDWNRZH PRëOLZRçÞZVSÍãILQDQVRZDQLD =DGDQLH FLÜJãH 8U]àG 6WD 3RZ =PQLHMV]HQLHVWUDWHQHUJLL]ZãDV]F]DFLHSOQHM ZV\VWHPDFKSU]HV\ãRZ\FKRUD]SURZDG]HQLH RG]\VNXFLHSãD =DGDQLH FLÜJãH =D GRVWD FLHSãR JRVS 3RSUDZDSDUDPHWUÍZHQHUJHW\F]Q\FKEXG\QNÍZ Z\PLDQDRNLHQLRFLHSOHQLHEXG\QNÍZrSU]HGH ZV]\VWNLPEXG\QNLXë\WHF]QRçFLSXEOLF]QHM =DGDQLH FLÜJãH 8U]àG :ãd PLHV]ND EXG 5R]SRZV]HFKQLHQLHVWRVRZDQLDLQG\ZLGXDOQ\FK OLF]QLNÍZFLHSãDEXG\QNLNRPXQDOQH =DGDQLH FLÜJãH :ãd PLHV]ND EXG 3RGMàFLHG]LDãDåSURPRF\MQ\FKLGRUDG]WZD ]ZLÜ]DQHJR]ZGUDëDQLHPSR]\VNLZDQLDHQHUJLL ]HéUÍGHãRGQDZLDOQ\FK =DGDQLH FLÜJãH 6WD 3RZ 8U]à 6SDODQLHZàJODOHSV]HMMDNRçFLOXE]DPLDQDQRçQLND QDEDUG]LHMHNRORJLF]Q\ =DGDQLH FLÜJãH :ãd PLHV]ND EXG =DPLDQDZàJODQDDOWHUQDW\ZQHQRçQLNLFLHSãD JD]EU\NLHWGU]HZQ\SDOHW\GU]HZQHELRPDVDr PRGHUQL]DFMDNRWãRZQLZàJORZ\FKZRELHNWDFK Xë\WHF]QRçFLSXEOLF]QHM :ãd RE :VSDUFLHILQDQVRZHGODPLHV]NDåFÍZ ]PLHQLDMÜF\FKRJU]HZDQLHZàJORZHQDEDUG]LHM HNRORJLF]QH =DGDQLH FLÜJãH 8U]àG :ãd RE 3URZDG]HQLHV\VWHPDW\F]Q\FKDNFMLHGXNDFML HNRORJLF]QHMQDWHPDWRV]F]àGQRçFLHQHUJLL FLHSOQHMLHOHNWU\F]QHMRUD]VWRVRZDQLD SURHNRORJLF]Q\FKQRçQLNÍZHQHUJLLV]NRGOLZRçFL VSDODQLDPDWHULDãÍZRGSDGRZ\FKZNRWãRZQLDFK GRPRZ\FK =DGDQLH FLÜJãH 6WD 3RZLDWR *PLQ 3R]D RUJD HNRO

25 %XGRZDUR]EXGRZDLPRGHUQL]DFMDXU]ÜG]Hå ]DRSDWU]HQLDZZRGà =DGDQLH FLÜJãH.V]WDãWRZDQLHVWUXNWXU\XSUDZSU]HFLZG]LDãDMÜFHM HUR]MLLSRJDUV]DQLXVLàMDNRçFLJOHE =DGDQLH FLÜJãH =DãRëHQLHLSURZDG]HQLHUHMHVWUXWHUHQÍZQD NWÍU\FKVWZLHUG]RQRSU]HNURF]HQLHVWDQGDUGÍZ MDNRçFLJOHEOXE]LHPL =DGDQLH FLÜJãH %LHëÜFDUHNXOW\ZDFMDWHUHQÍZSRHNVSORDWDF\MQ\FK =DGDQLH FLÜJãH 8Z]JOàGQLHQLHZVWXGLDFKXZDUXQNRZDåRUD] SODQDFK]DJRVSRGDURZDQLDSU]HVWU]HQQHJRMHëHOL REHFQLHQLHVÜXZ]JOàGQLRQHREV]DUÍZ]ãÍëL REMàFLHLFKRFKURQRP =DGDQLH FLÜJãH 2SUDFRZDQLHSODQÍZJRVSRGDUNLRGSDGDPLQD ODWDrRUD]ZGURëHQLHLFKUHDOL]DFML :GURëHQLHNRQNUHWQ\FKG]LDãDåQDU]HF]SRSUDZ\ JRVSRGDUNLRGSDGDPL =DGDQLH &LÜJãH 3URZDG]HQLHSUDFSLHOàJQDF\MQ\FKSDUNÍZL SRPQLNÍZSU]\URG\ =DGDQLH FLÜJãH 3U]HVWU]HJDQLHSURFHGXUORNDOL]DF\MQ\FK FKURQLÜF\FKWHUHQ\FHQQHSU]\URGQLF]RSU]HG SU]HLQZHVWRZDQLHP =DGDQLH FLÜJãH :ãüf]hqlhzdnfmàhgxndfmlhnrorjlf]qhm SURHNRORJLF]Q\FK RUJDQL]DFML SR]DU]ÜGRZ\FK =DGDQLH FLÜJãH

26 6XNFHV\ZQD]DPLDQDZàJODQDDOWHUQDW\ZQH QRçQLNLFLHSãDJD]EU\NLHWGU]HZQ\SDOHW\ GU]HZQHELRPDVD =DGDQLH FLÜJãH 8 3URZDG]HQLHV\VWHPDW\F]Q\FKDNFMLHGXNDFML HNRORJLF]QHMQDWHPDWRV]F]àGQRçFLHQHUJLL FLHSOQHMLHOHNWU\F]QHMRUD]VWRVRZDQLD SURHNRORJLF]Q\FKQRçQLNÍZHQHUJLLV]NRGOLZRçFL VSDODQLDPDWHULDãÍZRGSDGRZ\FKZNRWãRZQLDFK GRPRZ\FK =DGDQLH FLÜJãH 3RZ * S %LHëÜFDPRGHUQL]DFMLGUÍJLFLÜJÍZ NRPXQLNDF\MQ\FK =DGDQLH FLÜJãH 8 ' :VSLHUDQLHUR]ZRMXUXFKXURZHURZHJRSRSU]H] OLNZLGDFMàEDULHUWHFKQLF]Q\FKRUD]WZRU]HQLH çflhëhnurzhurz\fk =DGDQLH FLÜJãH 8 3 6WRVRZDQLHVWUHISDVÍZ]LHOHQLL]RODF\MQHMZ]GãXë FLÜJÍZNRPXQLNDF\MQ\FKVWUHI\WHSRZLQQ\E\Þ NRPSRQRZDQH]JDWXQNÍZRGXëHMRGSRUQRçFLQD ]DQLHF]\V]F]HQLDRUD]ZãDçFLZLHSLHOàJQRZDQHD XE\WNLX]XSHãQLDQH =DGDQLH FLÜJãH 8 ' :VSLHUDQLHLQZHVW\FMLRJUDQLF]DMÜF\FKZSã\Z KDãDVXPLDQRZLFLHEXGRZ\HNUDQÍZ DNXVW\F]Q\FKLWZRU]HQLDSDVÍZ]ZDUWHM]LHOHQL RFKURQQHMDWDNëHL]RODFMLEXG\QNÍZQSZ\PLDQD RNLHQ =DGDQLH FLÜJãH 8 :RM ' 3RZ,QWHJURZDQLHSODQÍZ]DJRVSRGDURZDQLD SU]HVWU]HQQHJR]SUREOHPDPL]DJURëHQLDKDãDVHP =DGDQLH FLÜJãH 8

27 2SW\PDOL]DFMDZ\NRU]\VWDQLDGRFLÜëHQLHRUD] EXGRZDUR]EXGRZDLPRGHUQL]DFMDLVWQLHMÜF\FK RF]\V]F]DOQLçFLHNÍZZNLHUXQNXVSHãQLHQLD Z\PDJDåRERZLÜ]XMÜFHJRSUDZDRUD]G\UHNW\Z 8( 3 %XGRZDRF]\V]F]DOQLSU]\]DJURGRZ\FKQD WHUHQDFKJG]LHEXGRZDVLHFLNDQDOL]DFMLVDQLWDUQHM MHVWQLHRSãDFDOQD]SU]\F]\QHNRQRPLF]Q\FKEÜGé EDUG]RWUXGQDGRUHDOL]DFML]HZ]JOàGÍZ WHFKQLF]Q\FKZVSDUFLHILQDQVRZHGODUROQLNÍZ UHDOL]XMÜF\FKRF]\V]F]DOQLHSU]\]DJURGRZH =DGDQLH FLÜJãH 6WRSQLRZHRJUDQLF]DQLHQHJDW\ZQHJRZSã\ZXQD çurgrzlvnr]dqlhf]\v]f]hårev]durz\fk SR]RVWDãRçFLFKHPLF]Q\FKçURGNÍZRFKURQ\URçOLQ RUD]QDZR]ÍZLSXQNWRZ\FKVNãDGRZLVND RERUQLNDSRFKRG]ÜF\FK]G]LDãDOQRçFLUROQLF]HM =DGDQLH FLÜJãH 8U 3UHIHURZDQLHXë\WNRZDQLDãÜNRZHJRRUD] NV]WDãWRZDQLHSDVÍZURçOLQQRçFLZ]GãXëFLHNÍZ ZRGQ\FK =DGDQLH FLÜJãH 8Z]JOàGQLHQLHZRSUDFRZDQLDFKGRW\F]ÜF\FK ]DJRVSRGDURZDQLDSU]HVWU]HQQHJRJPLQ SRVWDQRZLHåd3URJUDPÍZRFKURQ\ZÍGp 6\VWHPDW\F]QDNRQWURODRUD]NRQVHUZDFMDZDãÍZL XU]ÜG]HåZRGQ\FK =DGDQLH FLÜJãH : 2 2GEXGRZDRUD]SUDZLGãRZDHNVSORDWDFMD V\VWHPÍZPHOLRUDFML =DGDQLH FLÜJãH :ã 3URZDG]HQLHZãDçFLZHMVWUXNWXU\ ]DJRVSRGDURZDQLDSU]HVWU]HQQHJR ]PLQLPDOL]RZDQLHSRZLHU]FKQLJUXQWÍZUROQ\FKR Z\ëV]\FKNODVDFKERQLWDF\MQ\FKZ\ãÜF]RQ\FK] SURGXNFMLUROQHMLSU]H]QDF]RQ\FKQDLQQHFHOHRUD] ]DJRVSRGDURZ\ZDQLHJUXQWÍZRQLVNLHM SU]\GDWQRçFLUROQLF]HM ]DGDQLH FLÜJãH =DGDQLH

28 6WZRU]HQLHV\VWHPX]DFKàFDMÜFHJRUROQLNÍZGR ]DOHVLDQLDQLHXë\WNÍZEàGÜF\FKLFKZãDVQRçFLÜ =DGDQLH FLÜJãH =DSURMHNWRZDQLHçFLHëHNG\GDNW\F]Q\FKZUD]] RSLVHPSU]\URG\ =DGDQLH FLÜJãH :ãüf]hqlhzdnfmàhgxndfmlhnrorjlf]qhm SURHNRORJLF]Q\FKRUJDQL]DFMLSR]DU]ÜGRZ\FK =DGDQLH FLÜJãH 3R

29

30 3RZRãDQLHZVWUXNWXUDFKXU]àGXJPLQ\NRPÍUNL RGSRZLHG]LDOQHM]DHGXNDFMàHNRORJLF]QÜLSURPRFMà]DVDG UR]ZRMX]UÍZQRZDëRQHJRZW\PDNWXDOL]DFMDVWURQ\ LQWHUQHWRZHM 6SRU]ÜG]HQLHV]F]HJÍãRZHMLQZHQWDU\]DFMLSU]\URGQLF]HM WHUHQXJPLQ\ZUD]]HVWUDWHJLÜNV]WDãWRZDQLDLRFKURQ\ SU]\URG\ZW\PQDREV]DUDFKUROQLF]\FKOHçQ\FKL ]DEXGRZDQ\FK

31 /S ']LDãDQLH 5R]EXGRZDRF]\V]F]DOQLçFLHNÍZZ0DUXV]\QLH6WDQNDFK %XGRZDNDQDOL]DFMLZVL%DåVND1LëQDHWDS, %XGRZDNDQDOL]DFMLZVL%DåVND1LëQDrHWDS,, %XGRZDNDQDOL]DFMLZVL%DåVND:\ëQD %XGRZDNDQDOL]DFMLZVL=DVNDOH %XGRZDNDQDOL]DFMLZVL%ÍU 5D]HPLQVWDODFMHVDQLWDUQHSR]

32 2GQRZD5\QNXZ6]DIODUDFK.RQVHUZDFMDrUHPRQW]DEXGRZDåGZRUVNLFKZ6]DIODUDF %XGRZDERLVNDVSRUWRZHJRZ=DVNDOX âû&=1,(32= 5D]HPLQQ /S ']LDãDQLH.RQWUROD]JRGQRçFL]DLQZHVWRZDQLDWHUHQX]]DSLVDPL03= SUDZHPRFKURQ\çURGRZLVNDRUD]SU]\MàW\PL]DVDGDPL JRVSRGDURZDQLDQDWHUHQDFKFKURQLRQ\FK 2JUDQLF]HQLHQLVNLHMHPLVMLFLHSãRZQLF]HM]RELHNWÍZ NRPXQDOQ\FK 2JUDQLF]HQLHQLVNLHMHPLVMLFLHSãRZQLF]HM]RELHNWÍZ SU\ZDWQ\FK 0RGHUQL]DFMDEXG\QNÍZNRPXQDOQ\FKSRSUDZD WHUPRL]RODFMLRELHNWÍZ 2JUDQLF]HQLHKDãDVXLHPLVML]DQLHF]\V]F]Hå NRPXQLNDF\MQ\FKSRSU]H]QDSUDZ\QDZLHU]FKQLGUÍJ LLQVWDODFMàXU]ÜG]HåSRU]ÜGNXMÜF\FKUXFK 2FKURQDLNRQVHUZDFMD]DE\WNÍZ ZW\PNV]WDãWRZDQLHRWRF]HQLDSU]\URGQLF]HJR 8]JRGQLHQLD]ZLÜ]DQH]PRGHUQL]DFMÜWUDV\QU =DNRSLDQNLXZ]JOàGQLHQLHQRZHJRVWDQXçURGRZLVNDZ 03=3LSROLW\FHHNRORJLF]QHMJPLQ\

33

34

35

36

37

38

39

40

41

42

43

44