|
|
|
- Henryk Chmielewski
- 6 lat temu
- Przeglądów:
Transkrypt
1
2
3
4
5
6 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM 3RGVWDZDSUDZQD8VWDZD]GQLDVW\F]QLDURSRGDWNDFKLRSáDWDFKORNDOQ\FK7HNVWMHGQ']8]U1USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHODPLQLHUXFKRPR FLOXERELHNWyZ EXGRZODQ\FKSRVLDGDF]DPLVDPRLVWQ\PLQLHUXFKRPR FLOXERELHNWyZEXGRZODQ\FKX \WNRZQLNDPL ZLHF]\VW\PLJUXQWyZSRVLDGDF]DPLQLHUXFKRPR FLOXELFKF] FLDOERRELHNWyZEXGRZODQ\FKOXELFK F] FLVWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJR 7HUPLQVNáDGDQLD:WHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQD SRZVWDQLHE G Z\JD QLHFLHRERZL ]NXSRGDWNRZHJROXE]DLVWQLHQLD]GDU]HQLDPDM FHJR ZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD8U] G0LHMVNLZ%RFKQL:\G]LDO%XG HWRZR)LQDQVRZ\SRNyM 1LH]áR HQLHZ\ND]XZR]QDF]RQ\PWHUPLQLHSRFL JQLH]DVRE VNXWNLSUDZQHSU]HZLG]LDQH ZNRGHNVLHVNDUERZ\P$UWSDUWHJRNRGHNVXVWDQRZL HNWRZEUHZRERZL ]NRZLQLH VNáDGDZWHUPLQLHRUJDQRZLZ\PDJDQHMLQIRUPDFMLSRGDWNRZHMSRGOHJDNDU]HJU]\ZQ\GR VWDZHNG]LHQQ\FK %XUPLVWU]0LDVWD%RFKQL $GUHVXO.D]LPLHU]D:LHONLHJR%RFKQLD 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN ZáD FLFLHOZVSyáZáD FLFLHOSRVLDGDF]VDPRLVWQ\ZVSyáSRVLDGDF]VDPRLVWQ\X \WNRZQLNZLHF]\VW\ ZVSyáX \WNRZQLNZLHF]\VW\SRVLDGDF]ZVSyáSRVLDGDF] 0LHMVFHDDGUHV\SRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLDRUD]QXPHU\G]LDáHN 1XPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZ 1D]ZLVNRSLHUZV]HLPL GUXJLHLPL GDWDXURG]HQLD,PL RMFDLPL PDWNL 1XPHU3(6(/1XPHU5HJRQ.UDM *PLQD 0LHMVFRZR ü :RMHZyG]WZR 8OLFD.RGSRF]WRZ\ 3RZLDW 1XPHUGRPX1XPHUORNDOX 3RF]WD 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN LQIRUPDFMDVNáDGDQDSRUD]SLHUZV]\QDGDQ\URNNRUHNWDXSU]HGQLR]áR RQHMLQIRUPDFMLZ\ND]X ]ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HMEH]Z]JO GXQD VSRVyE]DNZDOLILNRZDQLDZHZLGHQFMLJUXQWyZL EXG\QNyZ SRGMH]LRUDPL]DM W\FKQD]ELRUQLNLZRGQHUHWHQF\MQHOXEHOHNWURZQL ZRGQ\FK 1DURN SR]RVWDáHJUXQW\
7 '32:,(5=&+1,$8 <7.2:$%8'<1.Ï:/8%,&+&= %XG\QHNPLHV]NDOQ\RJyáHP á F]QLH]SLZQLFDPLLJDUD DPL ZW\PSRPLHV]F]HQLDSU]H]QDF]HQLDQDG]LDáJRVSZ]DNUHVLHXG]LHODQLD ZLDGF]H ]GURZRWQ\FK NRQG\JQDFMLRZ\VRNR FLRGGRP NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP SRPLHV]F]HQLDSU]H]QDF]RQHQDG]LDáDOQR üjrvsrg NRQG\JQDFMLRZ\VRNR FLRGGRP NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP SR]RVWDáHSRPLHV]F]HQLDRZ\VRNR FL NRQG\JQDFMLRZ\VRNR FLRGGRP SLZQLFHJDUD H ]ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HM SR]DEXG\QNDPLPLHV]NDOQ\PLRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP =DM WHQDSURZDG]HQLHG]LDáDOQR FLZ]DNUHVLHXVáXJ +RWHODUVNLFKSRZLHU]FKQLDV\SLDOQD ]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ ]DNUHVLHREURWXNZDOLILNRZDQ\PPDWHULDáHPVLHZQ\P RJyáHP ZW\PNRQG\JQDFMLRZ\VRNR FLRGGRP NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP ]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ ]DNUHVLH ZLDGF]HQLDXVáXJPHG\F]Q\FKSR]D EXG\QNDPLPLHV]NDOQ\PLRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP SR]RVWDá\FKZW\P DJDUD HSR]DEXG\QNDPLPLHV]NDOQ\PLR NRQG\JQDFMLRZ\VRNR FLRGGRP NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP EV]RS\VWDMQLHVWRGRá\ NRQG\JQDFMLRZ\VRNR FLRGGRP NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP FSR]RVWDáHEXG\QNLOXELFKF] FLZ\NRU]\VW\ZDQHQDFHOHLQQHQL]ZOLWHU]H DLE NRQG\JQDFMLRZ\VRNR FLRGGRP NRQG\JQDFMLRZ\VRNR FLSRZ\ HM '%8'2:/( EXGRZOH ZDUWR ürnwyuhmprzdzsu]hslvdfkrsrgdwndfkgrfkrgrz\fk &, P P P P P P P P P P P P P P P P P P P P P P
8 SRGDüSRZLHU]FKQL E G ZDUWR üexgrzolsu]hgplrwyz]zroqlrq\fkrud]su]hslvsudzd±]mdnlhjrw\wxáxz\vw SXMH]ZROQLHQLH 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG,PL 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 7HOHIRQ 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 1D]ZLVNR 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]
9 3LHF] üqdjáyznrzd 3RGVWDZDSUDZQD8VWDZD]GQLDVW\F]QLDURSRGDWNDFKLRSáDWDFKORNDOQ\FK7HNVWMHGQ']8]U1USR] ]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyESUDZQ\FKMHGQRVWHNRUJDQL]DF\MQ\FKRUD]VSyáHNQLHPDM F\FKRVRERZR FLSUDZQHME G F\FK ZáD FLFLHODPLQLHUXFKRPR FLOXERELHNWyZEXGRZODQ\FKSRVLDGDF]DPLVDPRLVWQ\PLQLHUXFKRPR FLOXERELHNWyZEXGRZODQ\FK X \WNRZQLNDPLZLHF]\VW\PLJUXQWyZSRVLDGDF]DPLQLHUXFKRPR FLOXELFKF] FLDOERRELHNWyZEXGRZODQ\FKOXELFKF] FL VWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJRRUD]GODRVyEIL]\F]Q\FKE G F\FKZVSyáZáD FLFLHODPL OXEZVSyáSRVLDGDF]DPL]RVREDPLSUDZQ\PLE G ]LQQ\PLMHGQRVWNDPLRUJDQL]DF\MQ\PLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHMOXE] VSyáNDPLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHM]Z\M WNLHPRVyEWZRU] F\FKZVSyOQRW PLHV]NDQLRZ 7HUPLQVNáDGDQLD'RVW\F]QLDND GHJRURNXSRGDWNRZHJRZWHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD8U] G0LHMVNLZ%RFKQL:\G]LDá%XG HWRZR)LQDQVRZ\SRN %XUPLVWU]0LDVWD%RFKQLZáD FLZ\]HZ]JO GXQDPLHMVFHSRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLD $GUHV%RFKQLDXO.D]LPLHU]D:LHONLHJR GRW\F]\VNáDGDM FHJRGHNODUDFM QLHE G FHJRRVRE IL]\F]Q GRW\F]\VNáDGDM FHJRGHNODUDFM E G FHJRRVRE IL]\F]Q 5RG]DMVNáDGDM FHJRGHNODUDFM ]D]QDF]\üZáD FLZ NUDWN RVREDIL]\F]QDRVREDSUDZQDMHGQRVWNDRUJDQL]DF\MQD VSyáNDQLHPDM FDRVRERZR FLSUDZQHM 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN ZáD FLFLHOZVSyáZáD FLFLHOSRVLDGDF]VDPRLVWQ\ZVSyáSRVLDGDF]VDPRLVWQ\X \WNRZQLNZLHF]\VW\ ZVSyáX \WNRZQLNZLHF]\VW\SRVLDGDF]ZVSyáSRVLDGDF] 3ROVNDNODV\ILNDFMDG]LDáDOQR FL3.']JRGQLH]5R]SRU] G]HQLHP5DG\0LQLVWUyZ]GQLDVW\F]QLDUZVSUDZLH3ROVNLHM.ODV\ILNDFML G]LDáDOQR FL3.'']81USR]]Sy Q]P 1D]ZDSHáQD1D]ZLVNRSLHUZV]HLPL GUXJLHLPL GDWDXURG]HQLD 1D]ZDVNUyFRQDLPL RMFDLPL PDWNL,GHQW\ILNDWRU5(*211XPHU3(6(/.UDM :RMHZyG]WZR 3RZLDW *PLQD 8OLFD 1XPHUGRPX1XPHUORNDOX 0LHMVFRZR ü.rgsrf]wrz\ 3RF]WD 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN GHNODUDFMDURF]QDNRUHNWDGHNODUDFMLURF]QHMRGPLHVL FD ]JRGQLH]DUWXVWDZ\RUG\QDFMDSRGDWNRZDVNRUXJRZDQLHGHNODUDFMLQDVW SXMHSU]H]]áR HQLHNRU\JXM FHGHNODUDFMLZUD]] GRá F]RQ\PSLVHPQ\PX]DVDGQLHQLHPSU]\F]\QNRUHNW\ :\V]F]HJyOQLHQLH 3RGVWDZD RSRGDWNRZDQLD '32:,(5=&+1,$*5817Ï: D]ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HMEH]Z]JO GXQD VSRVyE]DNZDOLILNRZDQLDZHZLGHQFMLJUXQWyZLEXG\QNyZ 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRGHNODUDFM ESRGMH]LRUDPL]DM W\FKQD]ELRUQLNLZRGQHUHWHQF\MQHOXEHOHNWURZQL ZRGQ\FK P KD FSR]RVWDáHJUXQW\ P 1DURN.RUHNWDRG PLHVL FD 6WDZNDSRGDWNX Z\QLNDM FD] 8FKZDá\5DG\ 0LHMVNLHMZ%RFKQL.ZRWDSRGDWNX Z]áJU QLH]DRNU JODüGR SHáQ\FKG]LHVLDWHN JURV]\
10 ' 32 :, ( 5= &+ 1, $ 8 < 7. 2: $ % 8 '<1.Ï : / 8%, & + &= &, Z W\ P N R Q G \ J Q D F M LR Z\ VR N R F L RG G R P ] D O L F ] \ ü È S RZ LH U] F K Q L N R Q G \ J Q D F M LR Z\ VR N R F L SR Z \ H M P P P P 'R SR Z LH U] F K Q LX \ WN R ZH M E X G \ QN X O X E M H J RF ] F LQ D O H \ ] D O LF ] \ ü S R ZLH U ] F KQ L P L H U] R Q S R ZH Z Q WU] Q H M G áx J R F L F L D QQ D Z V] \ VWN L F KN R Q G\ J Q D F MD F K ] Z\ M WN LH P S R ZLH U ] F K QL N O D WH N VF K R G R Z\ F K RU D ] V] \ E y ZG ZLJ R Z \ F K = D N R Q G \ J QD F M X Z D D VL U y Z Q L H J D UD H S R G ] LH P QH S L ZQ LF H VX W H UH Q \ LS R G GD V ] D Z W\ P N R Q G \ JQ D F M LR Z\ VR N R F L R G G R P ] D O L F ] \ ü È S RZ LH U] F K Q L N RQ G \ J Q D F ML R Z \ V RN R F L S R Z\ H M P F %X G\ QN LO XE LF K F ] F L ]D M WH Q D S U RZ D G ] HQ LH G] LD ád OQ R F L Z ] D N U H VLH X VáX J K R WH OD U VN LF K ] D M WH Q D SU R ZD G ] H Q LH G] L D ád O QR F L J R VS R G D UF ] H M Z ] D NU H VLH R EU R WX N ZD O L ILN R ZD Q \ P P D WH U LD á H P VL H ZQ \ P RJ y á H P Z W \ P N R Q G \ JQ D F M LR Z\ VR N R F L R G G R P ] D O L F ] \ ü È ] D M W H Q D S UR Z D G ] H QL H G ] LD á D O Q R F L J R VS RG D U F ] H MZ ] D N UH V LH ZL D GF ] H Q L D X VáX J P H G \ F ] Q \ F K R Jy á H P Z W \ P N R Q G \ JQ D F M LR Z\ VR N R F L R G G R P ] D O L F ] \ ü È S RZ LH U] F K Q L N R Q G \ JQ D F M LR Z\ VR N R F L S RZ \ H M P % X G \ Q NL S R] R VW D áh O X E L F K F ] F L Z W\ P ] D M W H Q D S U RZ D G ] H Q LH R GS á D WQ H M VWD W XW R ZH M G ] LD ád O Q R F L SR \ W NX S XE O LF ] Q H J R S U] H ] R UJ D Q L] D F MH S R \ W N X S X EO LF ] Q H J R E X G \ Q Ny Z O XE LF K F ] F L ZW \ P N R Q G \ J Q D F M LR Z\ VR N R F L RG G R P ] D O L F ] \ ü È S R Z LH U] F K Q L N R Q G \ J Q D F M LR Z\ VR N R F L SR Z \ H M P ZW \ P N R Q G \ J Q D F M LR Z\ VR N R F L RG G R P ] D O L F ] \ ü È S R Z LH U] F K Q L N R Q G \ JQ D F M L R Z\ VR N R F L S RZ \ H M P Q D LQ Q H F H O H Q L Z \ P LH Q LR Q H Z O LW D LE R UD ] ZW \ P N R Q G \ J Q D F M LR Z\ VR N R F L RG G R P ] D O L F ] \ ü È S R Z LH U] F K Q L N R Q G \ J Q D F M LR Z\ VR N R F L SR Z \ H M P E E X G R ZO H S R ] RV WD áh P P P P P P P P P P P P P P P ] á ] á È È D 0 LH V] N D O Q\ F K ± R J yá H P X \ W NR Z H E]ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HMRUD]RG F] FLEXG\QNyZPLHV]NDOQ\FK]DM W\FKQDSURZDG]HQLH G]LDáDOQR FLJRVSRGDUF]HMRJyáHP P P S RZ LH U] F K Q L N R Q G \ JQ D F M LR Z\ VR N R F L S RZ \ H M P H I P JDUD H P V]RS\VWRGRá\VWDMQLH SR]RVWDáHEXG\QNLOXELFKF] FLZ\NRU]\VW\ZDQH %XGRZOHDEXGRZOHVáX FHGRSRERUXLX]GDWQLDQLD ZRG\UXURFL JyZLSU]RGyZVLHFLUR]G]LHOF]HM ZRGRFL JXRUD]EXGRZOLVáX F\FKGR RGSURZDG]DQLDLRF]\V]F]DQLD FLHNyZ
11 1 U G] L D án L & K D UD N WH U : á D G D QL D 1 X P H U.VL J L Z LH F ] \ VWH M 3R ZL H U] F K Q LD * UX Q WX 3R Z LH U] F K Q LD X \ W N R ZD SR V] F ] H J y O Q \ F K % X G \ Q Ny Z : D U WR ü G R R S R G D WN R ZD Q L D : J VWD Z NL È % X G R ZO H ZD UW RV ü G R R S RG D W NR Z D Q LD : J VW D ZN L È 3R ár H Q LH 1 LH UX F K R P R F L 1 DOH \ Z\ V]F]H J y OQ LüS R ZLH U]FK QL N D GH M ]G ]LDáH N Z \ V]F]H J yo QL üs R Z LH U]FK QL X \ WN R Z N D G HJ R ] EX G \ Q N y ZR UD]ZDUW R ü V] F ] H J y O Q L H Q LH 3R G VWD Z D VS RV ye ] D NZ D O L ILN R ZD Q L D Z H ZL GH Q F M LJ U XQ W yz L E X G \ Q N y Z S R G MH ] L R UD P L ] D M W\ F K Q D ] EL R UQ LN L ZR G Q H UH W H Q F \ M Q H O X E H O H N WUR Z Q L ZR G Q \ F K Z W\ P S R ] R VWD á H J UX Q W\ P LH V] N D O Q\ F K ± R J yá H P N R Q G\ J Q D F ML R Z \ VR NR F L R G G R P ] D O LF ] \ ü È SR Z LH U] F K Q L N R Q G\ J Q D F ML R Z \ VR NR F L S R Z\ H M P Z W \ P N R Q G \ J Q D F ML R Z\ VR N R F LR G G R P ]D O LF ] \ ü È SR Z LH U] F K Q L N R Q G \ J QD F M L R Z\ VR N R F L S RZ \ H M P F % X G\ Q N L O X E L F K F ] F L ] D M W H Q D S UR Z D G ] H QL H G ] LD á D O Q R F L Z ] D NU H VLH XV áx J K R WH O D U VN LF K R S R G D WN R ZD Q LD P K D P P P P P P 6W D ZN D S R G D WN X Z\ Q LN D M F D ] 8F K ZD á \ 5D G \ 0 LH MVN L H MZ % R F KQ L.ZR W D S R G D WN X Z] á JU Q LH ] D R N U J O D ü G R SH á Q \ F K G ] LH VLD W H N JU R V] \ P.ZRWDSRGDWNX 6XPDNZRW]NRO' =:2/1,21<&+,:<à &=21<&+=232'$7.2:$1,$ S R V]F]H J y OQ \ FK EX G R ZOL S U]\ E XG R ZODFK O LQ LR Z\ FK Q DOH \ S R GDü Gá XJ R üol QL L 8ZDJDLQIRUPDFMDRSU]HGPLRWDFKXZ]JO GQLRQ\FKGRRSRGDWNRZDQLDZGHNODUDFMLPR HVWDQRZLüUyZQLH ]Dá F]QLNGR ZZGHNODUDFMLZZXVWDORQHJRZ\ HMZ]RUX *,1)250$&-$235=('0,27$&+=:2/1,21<&+,:<à &=21<&+=232'$7.2:$1,$ 1$/( <32'$û35=(3,635$:$=-$.,(*27<78à8:<67 38-(=:2/1,(1,( :\ D ] Z L ] D Q \ F K ] S U RZ D G ] H Q LH P G] L D ád O QR F L J R VS R G D UF ] H M E H ] Z ] J O G X Q D E F D E]ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HMRUD]RG F] FLEXG\QNyZPLHV]NDOQ\FK]DM W\FKQDSURZDG]HQLH G]LDáDOQR FLJRVSRGDUF]HMRJyáHP P P
12 G]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ]DNUHVLHREURWX NZDOLILNRZDQ\PPDWHULDáHPVLHZQ\PRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP H]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ]DNUHVLH ZLDGF]HQLDXVáXJPHG\F]Q\FKRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP %XG\QNLSR]RVWDáHOXELFKF] FLZW\P]DM WHQDSURZDG]HQLHRGSáDWQHM VWDWXWRZHMG]LDáDOQR FLSR \WNXSXEOLF]QHJRSU]H]RUJDQL]DFMHSR \WNX SXEOLF]QHJREXG\QNyZOXELFKF] FL DJDUD H ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP EV]RS\VWRGRá\VWDMQLH ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP FSR]RVWDáHEXG\QNLOXELFKF] FLZ\NRU]\VW\ZDQH QDLQQHFHOHQL Z\PLHQLRQHZOLWDLERUD] ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP '%8'2:/( %XGRZOHDEXGRZOHVáX FHGRSRERUXLX]GDWQLDQLDZRG\ UXURFL JyZLSU]RGyZVLHFLUR]G]LHOF]HMZRGRFL JXRUD]EXGRZOL VáX F\FKGRRGSURZDG]DQLDLRF]\V]F]DQLD FLHNyZ EEXGRZOHSR]RVWDáH 1XPHUWHOHIRQX 'DWD 3RGSLVSU]\MPXM FHJRIRUPXODU] 'HNODUDFMDQLQLHMV]DVWDQRZLSRGVWDZ GRZV]F] FLDHJ]HNXFMLEH]SRWU]HE\Z\GDZDQLDGHF\]MLZVSUDZLHRNUH OHQLD SRGDWNXDUWD8VWDZ\]GQLDF]HUZFDURSRVW SRZDQLXHJ]HNXF\MQ\PZDGPLQLVWUDFMLMHGQROLW\WHNVW']81U ]URNX]H]P +$'127$&-(25*$1832'$7.2:(*2 8ZDJLRUJDQXSRGDWNRZHJR P P P P P P P P P P P P P P P ]á ]á È È (à &=1$.:27$32'$7.8=35=('0,27Ï:=:2/1,21<&+.ZRWDSRGDWNX 6XPDNZRW]NRO' *2 :,$'&=(1,(,32'3,66.à$'$- &(*2262%<5(35(=(178- &(- 6.à$'$- &(*2 2VZLDGF]DP H]QDQHV SU]HSLV\.RGHNVXNDUQHJR6NDUERZHJRRRGSRZLHG]LDOQR FL]DSRGDQLHGDQ\FKQLH]JRGQ\FK]U]HF]\ZLVW F,PL 1D]ZLVNR 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR
13 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM 3RGVWDZDSUDZQD8VWDZD]GQLDOLVWRSDGDURSRGDWNXUROQ\P7HNVWMHGQ']8]U1USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHODPLJUXQWyZSRVLDGDF]DPLVDPRLVWQ\PLJUXQWyZX \WNRZQLNDPL ZLHF]\VW\PLJUXQWyZSRVLDGDF]DPLJUXQWyZQDSRGVWDZLHXPRZ\]DZDUWHMVWRVRZQLHGRSU]HSLVyZRXEH]SLHF]HQLXV SRáHF]Q\P UROQLNyZRUD]SRVLDGDF]DPLJUXQWyZVWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJR 7HUPLQVNáDGDQLD:WHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE ]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD%XUPLVWU]0LDVWD%RFKQLZáD FLZ\]HZ]JO GXQDPLHMVFHSRáR HQLDJUXQWyZ 8U] G0LHMVNLZ%RFKQL $GUHVXO.D]LPLHU]D:LHONLHJR%RFKQLD 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN ZáD FLFLHOZVSyáZáD FLFLHOSRVLDGDF]VDPRLVWQ\ZVSyáSRVLDGDF]VDPRLVWQ\X \WNRZQLNZLHF]\VW\ ZVSyáX \WNRZQLNZLHF]\VW\SRVLDGDF]ZVSyáSRVLDGDF] 0LHMVFHDDGUHV\SRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLDRUD]QXPHU\G]LDáHN 1XPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZ 1D]ZLVNRSLHUZV]HLPL GUXJLHLPL GDWDXURG]HQLD,PL RMFDLPL PDWNL 1XPHU3(6(/1U5HJRQ.UDM *PLQD 0LHMVFRZR ü :RMHZyG]WZR 8OLFD.RGSRF]WRZ\ 3RZLDW 1XPHUGRPX1XPHUORNDOX 3RF]WD 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN LQIRUPDFMDVNáDGDQDSRUD]SLHUZV]\QDGDQ\URNNRUHNWDXSU]HGQLR]áR RQHMLQIRUPDFML *5817<232'$7.2:$1( *5817<=$%8'2:$1(1$8 <7.$&+52/1<&+ *UXQW\RUQHá NLLSDVWZLVNDZJNODVZ\QLNDM F\FK]HZLGHQFMLJUXQWyZL EXG\QNyZ±,,,,,,,,,D,9,9ER]QDF]RQHV\PEROHP]áR RQ\P]OLWHU\Ä% RUD]V\PEROXRGSRZLHGQLHJRX \WNXJUXQWRZHJRVWDQRZL FHJRF] ü VNáDGRZ R]QDF]HQLDNODV\JOHER]QDZF]HMJUXQWXQDNWyU\P]RVWDá\ Z]QLHVLRQH]DEXGRZDQLDQS%5%à %3V *5817<32'67$:$0, 5$=(08 <7.,52/1( *5817<52:<2=1$&=21(6<0%2/(0: 5RN 3RZLHU]FKQLDJUXQWXZKHNWDUDFKIL]\F]Q\FKF]WHU\PLHMVFDSRSU]HFLQNX KD $ KD % KD
14 *5817<=:2/121( *5817<=:2/1,21(=232'$7.2:$1,$*5817<8 <7., 52/1(6$'<1$8 <7.$&+52/1<&+NODV\99,9,] *UXQW\RUQHá NLLSDVWZLVNDVDG\QDJUXQWDFKRUQ\FKá NDFKLSDVWZLVNDFK ZJNODVZ\QLNDM F\FK]HZLGHQFMLJUXQWyZLEXG\QNyZ±99,9,] R]QDF]RQHV\PEROHP]áR RQ\P]OLWHU\Ä5 à 3V Ä6 RUD]V\PEROX RGSRZLHGQLHJRX \WNXJUXQWRZHJRVWDQRZL FHJRF] üvnádgrz R]QDF]HQLDNODV\JOHER]QDZF]HMJUXQWXQDNWyU\P]DáR RQ\]RVWDáVDGQS 656à63V *5817<=:2/1,21(=$%8'2:$1(1$8 <7.$&+52/1<&+ NODV\99,9,] *UXQW\RUQHá NLLSDVWZLVNDZJNODVZ\QLNDM F\FK]HZLGHQFMLJUXQWyZL EXG\QNyZ±99,9,]R]QDF]RQHV\PEROHP]áR RQ\P]OLWHU\Ä% RUD] V\PEROXRGSRZLHGQLHJRX \WNXJUXQWRZHJRVWDQRZL FHJRF] üvnádgrz R]QDF]HQLDNODV\JOHER]QDZF]HMJUXQWXQDNWyU\P]RVWDá\Z]QLHVLRQH ]DEXGRZDQLDQS%5%à %3V *5817<=:2/1,21(=$'5=(:,21(,=$.5=(:,21(R]QDF]RQHV\PEROHP/]OXEZSU]\SDGNX]DGU]HZLH UyGSROQ\FK]DLVWQLDá\FKQDJUXQWDFKREM W\FKNODV\ILNDFM JOHER]QDZF] ± V\PEROHP]áR RQ\P]OLWHUÄ/] RUD]V\PEROXRGSRZLHGQLHJRX \WNX JUXQWRZHJRVWDQRZL FHJRF] üvnádgrz R]QDF]HQLDNODV\JOHER]QDZF]HM JUXQWXQS/]5/]à/]3V 2*Ïà(0*5817<=:2/1,21( KD KD KD *2 :,$'&=(1,(,32'3,66.à$'$- &(*2262%<5(35(=(178- &(-6.à$'$- &(*2 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG,PL 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 1XPHUWHOHIRQX 8ZDJLRUJDQXSRGDWNRZHJR 1D]ZLVNR 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]
15 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRGHNODUDFM 3RGVWDZDSUDZQD8VWDZD]GQLDOLVWRSDGDURSRGDWNXUROQ\P7HNVWMHGQ']8]U1USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyESUDZQ\FKMHGQRVWHNRUJDQL]DF\MQ\FKRUD]VSyáHNQLHPDM F\FKRVRERZR FLSUDZQHME G F\FK ZáD FLFLHODPLJUXQWyZSRVLDGDF]DPLVDPRLVWQ\PLJUXQWyZX \WNRZQLNDPLZLHF]\VW\PLJUXQWyZSRVLDGDF]DPLJUXQWyZ VWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJRRUD]GODRVyEIL]\F]Q\FKE G F\FK ZVSyáZáD FLFLHODPLOXEZVSyáSRVLDGDF]DPL]RVREDPLSUDZQ\PLE G ]LQQ\PLMHGQRVWNDPLRUJDQL]DF\MQ\PLQLHSRVLDGDM F\PL RVRERZR FLSUDZQHMOXE]HVSyáNDPLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHM 7HUPLQVNáDGDQLD'RVW\F]QLDND GHJRURNXSRGDWNRZHJRZWHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD:yMW*PLQ\ZáD FLZ\]HZ]JO GXQDPLHMVFHSRáR HQLDJUXQWyZ :ymw*plq\ $GUHV GRW\F]\VNáDGDM FHJRGHNODUDFM QLHE G FHJRRVRE IL]\F]Q GRW\F]\VNáDGDM FHJRGHNODUDFM E G FHJRRVRE IL]\F]Q 5RG]DMVNáDGDM FHJRGHNODUDFM ]D]QDF]\üZáD FLZ NUDWN RVREDIL]\F]QDRVREDSUDZQDMHGQRVWNDRUJDQL]DF\MQD VSyáNDQLHPDM FDRVRERZR FLSUDZQHM 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN ZáD FLFLHOZVSyáZáD FLFLHOSRVLDGDF]VDPRLVWQ\ZVSyáSRVLDGDF]VDPRLVWQ\X \WNRZQLNZLHF]\VW\ ZVSyáX \WNRZQLNZLHF]\VW\SRVLDGDF]ZVSyáSRVLDGDF] 0LHMVFHDDGUHV\SRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLDRUD]QXPHU\G]LDáHN 1XPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZ 1D]ZDSHáQD1D]ZLVNRSLHUZV]HLPL GDWDXURG]HQLD 1D]ZDVNUyFRQDLPL RMFDLPL PDWNL,GHQW\ILNDWRU5(*211XPHU3(6(/.UDM *PLQD 0LHMVFRZR ü :RMHZyG]WZR 8OLFD.RGSRF]WRZ\ 3RZLDW 1XPHUGRPX1XPHUORNDOX 3RF]WD 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN GHNODUDFMDURF]QDNRUHNWDGHNODUDFMLURF]QHM.ODV\X \WNyZ Z\QLNDM FH] HZLGHQFML JUXQWyZL EXG\QNyZ 3RZLHU]FKQLDJUXQWXZKHNWDUDFKIL]\F]Q\FK 5RN /LF]ED KHNWDUyZ SU]HOLF]H QLRZ\FK 6WDZND]KD SU]HOLF]H QLRZHJROXE IL]\F]QHJR Z]áJU :\PLDU SRGDWNX UROQHJRZ ]áju
16 6WDZND]KD SU]HOLF]HQLR ZHJROXE IL]\ F]QHJR *UXQW\RUQH 8 \WNL]LHORQH *UXQW\UROQH ]DEXGRZDQH
17 .ZRWDSRGDWNX 5y,PL 'DWDZ\SHáQLHQLDG]LH PLH VL FURN FHJRIRUPXODU] D]DU\ELRQH ár VR VLH PWURFL JáRZDFLF SDOL LSVWU JLHP E]DU\ELRQH LQQ\ PL JDWXQNDPLU\E QL ZSR]D FJUXQW\SRG VWDZDPL QLH]DU\ELRQ\PL 1D]ZLVNR 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 'DWDLSR GSLVSU]\ MPXM FHJRIRUPXODU] *UXQW\SRG VWDZDPL *UXQW\ ]DGU]HZLRQHL ]DNU]DF]RQH SRáR RQHQD85 5D]HP EH]]ZROQLH SRGDüURG]DMNODV LSRZLHU]FKQL JUXQWyZ]ZROQLRQ\FKRUD]SU]HSLVSUDZD]MDNLHJ RW\WXáXZ\ VW SXMH ]ZR OQLHQLH QLFDNZR W]'±) 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM
18
19 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM 1DURN 3RGVWDZDSUDZQD8VWDZD]GQLDOLVWRSDGDURSRGDWNXOH Q\P']81USR] 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHODPLODVyZSRVLDGDF]DPLVDPRLVWQ\PLODVyZ X \WNRZQLNDPLZLHF]\VW\PLODVyZSRVLDGDF]DPLODVyZVWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GX WHU\WRULDOQHJR 7HUPLQVNáDGDQLD:WHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJR OXE]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD8U] G0LHMVNLZ%RFKQL:\G]LDá%XG HWRZR)LQDQVRZ\SRNyM 1LH]áR HQLHZ\ND]XZR]QDF]RQ\PWHUPLQLHSRFL JQLH]DVRE VNXWNLSUDZQHSU]HZLG]LDQHZNRGHNVLHVNDUERZ\PF$UWSDUWHJRNRGHNVX VWDQRZL HNWRZEUHZRERZL ]NRZLQLHVNáDGDZWHUPLQLHRUJDQRZLZ\PDJDQHMLQIRUPDFMLSRGDWNRZHMSRGOHJDNDU]HJU]\ZQ\GRVWDZHN G]LHQQ\FK %XUPLVWU]0LDVWD%RFKQL $GUHVXO.D]LPLHU]D:LHONLHJR%RFKQLD 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN ZáD FLFLHOZVSyáZáD FLFLHOSRVLDGDF]VDPRLVWQ\ZVSyáSRVLDGDF]VDPRLVWQ\X \WNRZQLN ZLHF]\VW\ ZVSyáX \WNRZQLNZLHF]\VW\SRVLDGDF]ZVSyáSRVLDGDF] 0LHMVFHDDGUHV\SRáR HQLDODVXRUD]QXPHU\G]LDáHN 1XPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZ 1D]ZLVNRSLHUZV]HLPL GDWDXURG]HQLD,PL RMFDLPL PDWNL 1XPHU3(6(/.UDM *PLQD 0LHMVFRZR ü :RMHZyG]WZR 8OLFD.RGSRF]WRZ\ 3RF]WD 3RZLDW 1UGRPX1UORNDOX 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN,QIRUPDFMDVNáDGDQDSRUD]SLHUZV]\QDGDQ\URNNRUHNWD]áR RQHMXSU]HGQLRLQIRUPDFML
20 /DV\ZFKRG] FHZVNáDGUH]HUZDWyZ SU]\URG\LSDUNyZQDURGRZ\FK /DV\SR]RVWDáHQLHZ\PLHQLRQH ZZL SRGDüSRZLHU]FKQL ODVX]ZROQLRQHJRRUD]SU]HSLVSUDZD]MDNLHJRW\WXáXZ\VW SXMH]ZROQLHQLH 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG,PL 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 1D]ZLVNR 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]
21 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRGHNODUDFM 5RN 3RGVWDZDSUDZQD8VWDZD]GQLDSD G]LHUQLNDURSRGDWNXOH Q\P']81USR] 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyESUDZQ\FKMHGQRVWHNRUJDQL]DF\MQ\FKRUD]VSyáHNQLHPDM F\FKRVRERZR FLSUDZQHM E G F\FKZáD FLFLHODPLODVyZSRVLDGDF]DPLVDPRLVWQ\PLODVyZX \WNRZQLNDPLZLHF]\VW\PLODVyZSRVLDGDF]DPLODVyZ VWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJRRUD]GODRVyEIL]\F]Q\FKE G F\FK ZVSyáZáD FLFLHODPLOXEZVSyáSRVLDGDF]DPL]RVREDPLSUDZQ\PLE G ]LQQ\PLMHGQRVWNDPLRUJDQL]DF\MQ\PL QLHSRVLDGDM F\PLRVRERZR FLSUDZQHMOXE]VSyáNDPLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHM 7HUPLQVNáDGDQLD'RGQLDVW\F]QLDND GHJRURNXSRGDWNRZHJRZWHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQD SRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD8U] G0LHMVNLZ%RFKQL:\G]LDá%XG HWRZR)LQDQVRZ\SRNyM $0,(-6&(6.à$'$1,$'(./$5$&-, %XUPLVWU]0LDVWD%RFKQL $GUHV%RFKQLDXO.D]LPLHU]D:LHONLHJR %'$1(6.à$'$- &(*2'(./$5$&- QLHSRWU]HEQHVNUH OLü GRW\F]\VNáDGDM FHJRGHNODUDFM QLHE G FHJRRVRE IL]\F]Q GRW\F]\VNáDGDM FHJRGHNODUDFM E G FHJRRVRE IL]\F]Q 5RG]DMVNáDGDM FHJRGHNODUDFM ]D]QDF]\üZáD FLZ NUDWN RVREDIL]\F]QDRVREDSUDZQDMHGQRVWNDRUJDQL]DF\MQD VSyáNDQLHPDM FDRVRERZR FLSUDZQHM 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN ZáD FLFLHOZVSyáZáD FLFLHOSRVLDGDF]VDPRLVWQ\ZVSyáSRVLDGDF]VDPRLVWQ\X \WNRZQLN ZLHF]\VW\ ZVSyáX \WNRZQLNZLHF]\VW\SRVLDGDF]ZVSyáSRVLDGDF] 0LHMVFHDDGUHV\SRáR HQLDODVXRUD]QXPHU\G]LDáHN 1XPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZ 1D]ZDSHáQD1D]ZLVNRSLHUZV]HLPL GDWDXURG]HQLD 1D]ZDVNUyFRQD,PL RMFDLPL PDWNL,GHQW\ILNDWRU5(*211XPHU3(6(/.UDM :RMHZyG]WZR 3RZLDW *PLQD 8OLFD 1UGRPX1UORNDOX 0LHMVFRZR ü.rgsrf]wrz\ 3RF]WD &2.2/,&=12 &,32:2'8- &(.21,(&=12 û=à2 (1,$'(./$5$&-, 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN GHNODUDFMDURF]QDNRUHNWDGHNODUDFMLURF]QHM ''$1('27<&= &(35=('0,27Ï:232'$7.2:$1,$ '=:<- 7.,(0=:2/1,21<&+ :\V]F]HJyOQLHQLH 3RZLHU]FKQLDZ KHNWDUDFKIL]\F]Q\FK 6WDZNDSRGDWNX PGUHZQD ;FHQDGUHZQD Z]áJU 3RGDWHNZ]áJU QDOH \]DRNU JOLü GRSHáQ\FKG]LHVL WHN JURV]\ UXEU[UXEU /DV\RFKURQQH /DV\ZFKRG] FHZVNáDGUH]HUZDWyZ SU]\URG\LSDUNyZQDURGRZ\FK /DV\SR]RVWDáHQLHZ\PLHQLRQH ZL 5D]HPZ
22 SRGDüSRZLHU]FKQL ]ZROQLRQHJRODVXRUD]SU]HSLVSUDZD]MDNLHJRW\WXáXZ\VW SXMH]ZROQLHQLH 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG,PL 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 8ZDJLRUJDQXSRGDWNRZHJR GDWD 1D]ZLVNR 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 3RGSLVSU]\MPXM FHJRIRUPXODU]
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM 5RN 3RGVWDZDSUDZQD8VWDZD]GQLDVW\F]QLDURSRGDWNDFKLRSáDWDFKORNDOQ\FKWHNVWMHGQ']8]U1USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHODPLQLHUXFKRPR FLOXERELHNWyZEXGRZODQ\FKSRVLDGDF]DPLVDPRLVWQ\PL QLHUXFKRPR FLOXERELHNWyZEXGRZODQ\FKX \WNRZQLNDPLZLHF]\VW\PLJUXQWyZSRVLDGDF]DPLQLHUXFKRPR FLOXELFKF] FLDOERRELHNWyZEXGRZODQ\FK OXELFKF] FLVWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJR 7HUPLQVNáDGDQLD:WHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE ]DLVWQLHQLD]GDU]HQLDPDM FHJRZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD:yMW*PLQ\3RURQLQZáD FLZ\QD]HZ]JO GXQDPLHMVFHSRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLD $0,(-6&(6.à$'$1,$,1)250$&-, :ymw*plq\3rurqlq $GUHV3RURQLQXO3LáVXGVNLHJR %'$1(6.à$'$- &(*2,1)250$&- %'$1(,'(17<),.$&<-1( 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN qzád FLFLHOqZVSyáZáD FLFLHOqSRVLDGDF]VDPRLVWQ\qZVSyáSRVLDGDF]VDPRLVWQ\qX \WNRZQLNZLHF]\VW\ qzvsyáx \WNRZQLNZLHF]\VW\qSRVLDGDF]]DOH Q\QSG]LHU DZFDQDMHPFDqZVSyáSRVLDGDF]]DOH Q\QSG]LHU DZFDQDMHPFD 0LHMVFHDDGUHV\SRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLDRUD]LGHQW\ILNDWRU\G]LDáHNEXG\QNyZORNDOLQXPHU\NVL JLZLHF]\VWHMOXE ]ELRUXyZGRNXPHQWyZRUD]QD]ZDV GXZNWyU\PSURZDG]RQDMHVWNVL JDZLHF]\VWDOXE]ELyUGRNXPHQWyZ 8:$*$Ä:\ND]XMHVL GODND GHMQLHUXFKRPR FL 1D]ZLVNRSLHUZV]HLPL GUXJLHLPL,PL RMFDLPL PDWNLGDWDXURG]HQLD8:$*$Ä:\ND]XMHVL W\ONRZyZF]DVJG\RVRELHIL]\F]QHMQLHQDGDQRQXPHUX3(6(/ 1XPHU3(6(/5(*21 %$'5(6=$0,(6=.$1,$.UDM *PLQD 0LHMVFRZR ü :RMHZyG]WZR 8OLFD.RGSRF]WRZ\ 3RZLDW 1XPHUGRPX1XPHUORNDOX 3RF]WD &2.2/,&=12 &,32:2'8- &(.21,(&=12 û=à2 (1,$,1)250$&-, 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN qlqirupdfmdvnádgdqdsrud]slhuzv]\qdgdq\urnqnruhnwdxsu]hgqlr]ár RQHMLQIRUPDFMLZ\ND]X ''$1('27<&= &(35=('0,27Ï:232'$7.2:$1,$]Z\M WNLHP]ZROQLRQ\FK '32:,(5=&+1,$*5817Ï:8ZDJDÄ:\ND]XMHP\]GRNáDGQR FL GRP =ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HMEH] Z]JO GXQDVSRVyE]DNZDOLILNRZDQLDZHZLGHQFMLJUXQWyZL EXG\QNyZ 3RGMH]LRUDPL]DM W\FKQD]ELRUQLNLZRGQHUHWHQF\MQHOXE HOHNWURZQLZRGQ\FK 3R]RVWDáHJUXQW\ZW\P]DM WHQDSURZDG]HQLHRGSáDWQHM VWDWXWRZHMG]LDáDOQR FLSR \WNXSXEOLF]QHJRSU]H]RUJDQL]DFMH SR \WNXSXEOLF]QHJR '32:,(5=&+1,$8 <7.2:$%8'<1.Ï:/8%,&+&= 0LHV]NDOQ\FK±RJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP ]DOLF]\üÈSRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP P KD P &, P P P 'RSRZLHU]FKQLX \WNRZHMEXG\QNXOXEMHJRF] FLQDOH \]DOLF]\üSRZLHU]FKQL PLHU]RQ SRZHZQ WU]QHMGáXJR FL FLDQQDZV]\VWNLFK NRQG\JQDFMDFK]Z\M WNLHPSRZLHU]FKQLNODWHNVFKRGRZ\FKRUD]V]\EyZG ZLJRZ\FK=DNRQG\JQDFM XZD DVL UyZQLH JDUD HSRG]LHPQHSLZQLFH VXWHUHQ\LSRGGDV]DX \WNRZH
53 =ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HMRUD]RGF] FL EXG\QNyZPLHV]NDOQ\FK]DM W\FKQDSURZDG]HQLHG]LDáDOQR FL JRVSRGDUF]HMZDUV]WDW\ELXUDPDJD]\Q\VNOHS\NLRVNLNDZLDUQLH EXIHW\NXFKQLHVWRáyZNL ZLHWOLFHLLQQHRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP ]DOLF]\üÈSRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP ]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ]DNUHVLHREURWX NZDOLILNRZDQ\PPDWHULDáHPVLHZQ\PRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP ]DOLF]\üÈSRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP ]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ]DNUHVLH ZLDGF]H ]GURZRWQ\FKRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP ]DOLF]\üÈSRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP Z\QDMHPSRNRLJR FLQQ\FK±LOR üsrnrlrjyáhp ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP ]DOLF]\üÈSRZLHU]FKQL NRQG\JQDFML R Z\VRNR FL SRZ\ HM P SR]RVWDá\FKVWDMQLHVWRGRá\RERU\ERLVNDLLQQHZW\P]DM WHQD SURZDG]HQLHRGSáDWQHMVWDWXWRZHMG]LDáDOQR FLSR \WNXSXEOLF]QHJR SU]H]RUJDQL]DFMHSR \WNXSXEOLF]QHJRRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP ]DOLF]\üÈSRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP '%8'2:/( EXGRZOH ZDUWR üexgrzolrnuh ODVL QDSRGVWDZLHDUWXVWSNWLXVW XVWDZ\RSRGDWNDFKLRSáDWDFKORNDOQ\FK P P P P P P P P P P P P P P P (,1)250$&-$235=('0,27$&+=:2/1,21<&+ SRGDüSRZLHU]FKQL E G ZDUWR üexgrzolsu]hgplrwyz]zroqlrq\fkrud]su]hslvsudzd±]mdnlhjrw\wxáxz\vw SXMH]ZROQLHQLH 1DSRGVWDZLHDUW SNWZ]ZL ]NX]DUW LDUWDXVWDZ\]GQLDURSRVW SRZDQLXHJ]HNXF\MQ\PZDGPLQLVWUDFML ']8]U1USR]QLQLHMV]DGHNODUDFMDVWDQRZLSRGVWDZ GRZ\VWDZLHQLDW\WXáXZ\NRQDZF]HJR )2 :,$'&=(1,(,32'3,66.à$'$- &(*2262%<5(35(=(178- &(-6.à$'$- &(*2 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG =JRGQLH]DUWNNV]DSRGDZDQLHRUJDQRZLSRGDWNRZHPX QLHSUDZG\DOER]DWDMHQLHSUDZG\JUR]LNDUDJU]\ZQ\OXESR]EDZLHQLDZROQR FLGRODWDOERRELHNDU\á F]QLH,PL 1D]ZLVNR 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]
54 ,GHQW\ILN DWRUG]LDáN L 3RZLHU]FKQLD ZKDIL] 1U.VL JL : LHF]\VWHM 1D]ZDV GXZN WyU\P SURZDG]RQDMHVWN VL JDZLHF]\VWD OXE]ELyUGRN XP HQWyZ $GUHV 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRGHNODUDFM 5RN 3RGVWDZDSUDZQD8VWDZD]GQLDVW\F]QLDURSRGDWNDFKLRSáDWDFKORNDOQ\FK7HNVWMHGQ']8]U1USR] ]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyESUDZQ\FKMHGQRVWHNRUJDQL]DF\MQ\FKRUD]VSyáHNQLHPDM F\FKRVRERZR FLSUDZQHME G F\FK ZáD FLFLHODPLQLHUXFKRPR FLOXERELHNWyZEXGRZODQ\FKSRVLDGDF]DPLVDPRLVWQ\PLQLHUXFKRPR FLOXERELHNWyZEXGRZODQ\FK X \WNRZQLNDPLZLHF]\VW\PLJUXQWyZSRVLDGDF]DPLQLHUXFKRPR FLOXELFKF] FLDOERRELHNWyZEXGRZODQ\FKOXELFKF] FL VWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJRRUD]GODRVyEIL]\F]Q\FKE G F\FKZVSyáZáD FLFLHODPL OXEZVSyáSRVLDGDF]DPL]RVREDPLSUDZQ\PLE G ]LQQ\PLMHGQRVWNDPLRUJDQL]DF\MQ\PLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHMOXE] VSyáNDPLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHM]Z\M WNLHPRVyEWZRU] F\FKZVSyOQRW PLHV]NDQLRZ 7HUPLQVNáDGDQLD'RVW\F]QLDND GHJRURNXSRGDWNRZHJRZWHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD:yMW*PLQ\3RURQLQ 8ZDJD2ERZL ]HNVNáDGDQLDGHNODUDFMLQDSRGDWHNOH Q\GRW\F]\UyZQLH SRGDWQLNyZNRU]\VWDM F\FK]H]ZROQLH QDPRF\SU]HSLVyZXVWDZ\ :ymw*plq\3rurqlq $GUHV3RURQLQXO3LáVXGVNLHJR QLHSRWU]HEQHVNUH GRW\F]\VNáDGDM FHJRGHNODUDFM QLHE G FHJRRVRE IL]\F]Q GRW\F]\VNáDGDM FHJRGHNODUDFM E G FHJRRVRE IL]\F]Q 5RG]DMVNáDGDM FHJRGHNODUDFM ]D]QDF]\üZáD FLZ NUDWN qrvredil]\f]qdqrvredsudzqdqmhgqrvwndrujdql]df\mqd qvsyándqlhpdm FDRVRERZR FLSUDZQHM 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN qzád FLFLHOqZVSyáZáD FLFLHOqSRVLDGDF]VDPRLVWQ\qZVSyáSRVLDGDF]VDPRLVWQ\qX \WNRZQLNZLHF]\VW\ qzvsyáx \WNRZQLNZLHF]\VW\qSRVLDGDF]qZVSyáSRVLDGDF]]DOH Q\QSG]LHU DZD 0LHMVFHDDGUHV\SRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLDRUD]LGHQW\ILNDWRU\G]LDáHNEXG\QNyZORNDOLQXPHU\NVL JLZLHF]\VWHMOXE ]ELRUXyZGRNXPHQWyZRUD]QD]ZDV GXZNWyU\PSURZDG]RQDMHVWNVL JDZLHF]\VWDOXE]ELRUyZGRNXPHQWyZ8ZDJDÄZ\ND]XMHVL RGU EQLHGODND GHMQLHUXFKRPR FL /S OLü 1D]ZDSHáQD1D]ZLVNRSLHUZV]HLPL GDWDXURG]HQLD 1D]ZDVNUyFRQDLPL RMFDLPL PDWNL8ZDJDZ\ND]XMHVL W\ONRZyZF]DVJG\RVRELHIL]\F]QHMQLHQDGDQRQXPHUX3(6(/,GHQW\ILNDWRU5(*211XPHU3(6(/.UDM *PLQD 0LHMVFRZR ü :RMHZyG]WZR 8OLFD.RGSRF]WRZ\ 3RZLDW 1XPHUGRPX1XPHUORNDOX 3RF]WD 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN qghnodudfmdurf]qdqnruhnwdghnodudfmlurf]qhm
55 :\V]F]HJyOQLHQLH 3RGVWDZD RSRGDWNRZDQLD ]ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HM EH]Z]JO GXQDVSRVyE]DNZDOLILNRZDQLDZHZLGHQFML JUXQWyZLEXG\QNyZ SRGMH]LRUDPL]DM W\FKQD]ELRUQLNLZRGQHUHWHQF\MQH OXEHOHNWURZQLZRGQ\FK SR]RVWDáHJUXQW\ZW\P]DM WHQDSURZDG]HQLHRGSáDWQHM VWDWXWRZHMG]LDáDOQR FLSR \WNXSXEOLF]QHJRSU]H] RUJDQL]DFMHSR \WNXSXEOLF]QHJR P KD P PLHV]NDOQ\FK±RJyáHP P ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP P P 6WDZND SRGDWNX Z\QLNDM FD] 8FKZDá\ 5DG\*PLQ\ 3RURQLQ.ZRWDSRGDWNX Z]áJU QDOH \]DRNU JOLü GRSHáQ\FK G]LHVL WHNJURV]\ 'RSRZLHU]FKQLX \WNRZHMEXG\QNXOXEMHJRF] FLQDOH \]DOLF]\üSRZLHU]FKQL PLHU]RQ SRZHZQ WU]QHMGáXJR FL FLDQQDZV]\VWNLFK NRQG\JQDFMDFK]Z\M WNLHPSRZLHU]FKQLNODWHNVFKRGRZ\FKRUD]V]\EyZG ZLJRZ\FK=DNRQG\JQDFM XZD DVL UyZQLH JDUD HSRG]LHPQHSLZQLFH VXWHUHQ\LSRGGDV]DX \WNRZH ]ZL ]DQ\FK]SURZDG]HQLHPG]LDáDOQR FLJRVSRGDUF]HM RUD]RGF] FLEXG\QNyZPLHV]NDOQ\FK]DM W\FKQD SURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP ]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ ]DNUHVLHREURWXNZDOLILNRZDQ\PPDWHULDáHPVLHZQ\P RJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP ]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ ]DNUHVLH ZLDGF]H ]GURZRWQ\FKRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP ]DM WHQDSURZDG]HQLHG]LDáDOQR FLJRVSRGDUF]HMZ ]DNUHVLHZ\QDMPXSRNRLJR FLQQ\FKSRZ\ HMSRNRL RJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP SR]RVWDá\FKRJyáHPZW\P]DM WHQDSURZDG]HQLH RGSáDWQHMVWDWXWRZHMG]LDáDOQR FLSR \WNXSXEOLF]QHJR SU]H]RUJDQL]DFMHSR \WNXSXEOLF]QHJRRJyáHP ZW\P NRQG\JQDFMLRZ\VRNR FLRGGRP]DOLF]\üÈ SRZLHU]FKQL NRQG\JQDFMLRZ\VRNR FLSRZ\ HMP P P P P P P P P P P P P P P P
56 ZDUWR ürnwyuhmprzdzsu]hslvdfkrsrgdwndfkgrfkrgrz\fk.zrwdsrgdwnx 6XPDNZRW]NRO'QDOH \]DRNU JOLüGRSHáQ\FKG]LHVL WHNJURV]\ SRGDüSRZLHU]FKQL ZDUWR üexgrzolsu]hgplrwyz]zroqlrq\fkrud]su]hslvsudzd]mdnlhjrw\wxáxz\vw SXMH]ZROQLHQLH 1DSRGVWDZLHDUW SNWZ]ZL ]NX]DUW LDUWDXVWDZ\]GQLDURSRVW SRZDQLXHJ]HNXF\MQ\PZ DGPLQLVWUDFML'8]U1USR]QLQLHMV]DGHNODUDFMDVWDQRZLSRGVWDZ GRZ\VWDZLHQLDW\WXáX Z\NRQDZF]HJR 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG =JRGQLH]DUWNNV]DSRGDZDQLHRUJDQRZLSRGDWNRZHPXQLHSUDZG\ DOER]DWDMHQLHSUDZG\JUR]LNDUDJU]\ZQ\OXESR]EDZLHQLDZROQR FLGRODWDOERRELHNDU\á F]QLH,PL 1D]ZLVNR 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]
57
58
59 / S, G H Q W\ IL N D WR U G ]L D á N L 3 R Z L HU ]F K Q L D Z K D I L] \F ]Q \ FK 0 LH M VFH D D G UH V \ S R ár H Q L D S U] HG PLR Wy Z R S R G D WN R Z D Q L D 1 U. V L J L : L HF ]\ VW HM 1 D ] Z D V G X Z N W y U \P S UR Z D G ] R Q D M HV W N VL J D Z L HF ]\ VW D O X E ]E Ly U G R N 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM 5RN 3RGVWDZDSUDZQD8VWDZD]GQLDOLVWRSDGDURSRGDWNXUROQ\P7HNVWMHGQ']8]U1USR]]Sy Q]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHODPLJUXQWyZSRVLDGDF]DPLVDPRLVWQ\PLJUXQWyZX \WNRZQLNDPL ZLHF]\VW\PLJUXQWyZSRVLDGDF]DPLJUXQWyZQDSRGVWDZLHXPRZ\]DZDUWHMVWRVRZQLHGRSU]HSLVyZRXEH]SLHF]HQLXVSRáHF]Q\PUROQLNyZRUD] SRVLDGDF]DPLJUXQWyZVWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJR 7HUPLQVNáDGDQLD:WHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE ]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD:yMW*PLQ\3RURQLQZáD FLZ\]HZ]JO GXQDPLHMVFHSRáR HQLDJUXQWyZ 8:$*$2ERZL ]HNVNáDGDQLDLQIRUPDFMLRJUXQWDFKGRW\F]\UyZQLH SRGDWQLNyZNRU]\VWDM F\FK]H]ZROQLH QDPRF\SU]HSLVyZXVWDZ\ $0,(-6&(6.à$'$1,$,1)250$&-, :ymw*plq\3rurqlq $GUHV3RURQLQXO3LáVXGVNLHJR %'$1(6.à$'$- &(*2,1)250$&- %'$1(,'(17<),.$&<-1( 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN qzád FLFLHOqZVSyáZáD FLFLHOqSRVLDGDF]VDPRLVWQ\qZVSyáSRVLDGDF]VDPRLVWQ\qX \WNRZQLNZLHF]\VW\ q ZVSyáX \WNRZQLN ZLHF]\VW\ q SRVLDGDF] ]DOH Q\ QS G]LHU DZFD q ZVSyáSRVLDGDF] ]DOH Q\ QS G]LHU DZFD 0LHMVFHDDGUHV\SRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLDRUD]LGHQW\ILNDWRU\G]LDáHNQXPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZ RUD]QD]ZDV GXZNWyU\PSURZDG]RQDMHVWNVL JDZLHF]\VWDOXE]ELyUGRNXPHQWyZ8ZDJDÄ:\ND]XMHVL RGU EQLHGODND GHMQLHUXFKRPR FL 8:$*$Ä,QIRUPDFM RJUXQWDFKSRáR RQ\FKQDWHUHQLHLQQ\FKJPLQQDOH \SRWZLHUG]LüQS]D ZLDGF]HQLHPZ\SLVHP] UHMHVWUXJUXQWyZ]DZLDGRPLHQLHPR]PLDQLHE G SU]H]SRWZLHUG]HQLHZGDQ\P8U] G]LH*PLQ\ 1D]ZLVNRSLHUZV]HLPL GUXJLHLPL,PL RMFDLPL PDWNLGDWDXURG]HQLD8ZDJDÄ:\ND]XMHVL W\ONRZyZF]DVJG\RVRELHIL]\F]QHMQLHQDGDQRQXPHUX3(6(/ 1XPHU3(6(/5(*21 % $'5(6 =$0,(6=.$1,$.UDM *PLQD 0LHMVFRZR ü :RMHZyG]WZR 8OLFD.RGSRF]WRZ\ 3RZLDW 1XPHUGRPX1XPHUORNDOX 3RF]WD &2.2/,&=12 &,32:2'8- &(.21,(&=12 û=à2 (1,$,1)250$&-, 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN qlqirupdfmdvnádgdqdsrud]slhuzv]\qdgdq\urnqnruhnwdxsu]hgqlr]ár RQHMLQIRUPDFML
60 \ WNyZ Z\QLNDM F H ]HZLGH QF MLJUXQWyZ LEXG\ QNyZ 5R Z\ 5$= (0 *UXQW\ RUQH 6DG\ 8 \WNL]LH ORQH *UXQW\UROQH ]DEXGRZDQH *UXQW\]DGU]HZLRQH L]DNU]HZLRQH SRáR RQHQDX \ WNDF K UROQ\F K ZLHU ]FK Q LD ZK HN WD U D FK IL] \F ]Q \FK 8: $* $Ä : \N D ]D ü ]G R N ád G QR FL G R P ''$1('27<&= &(35=('0,27Ï:232'$7.2:$1,$Zá F]QLH]H]ZROQLRQ\PL.ODV\X 3R,,,,,,D,,,,,,E,9D,9,9E 9 9, 9,] *UXQW\SRGVWDZDPL D]DU\ELRQHáRVRVLHP WURFL JáRZDFLF SDOL L SVWU JLHP E]DU\ELRQHLQQ\PL JDWXQNDPLU\EQL ZSR]D FJUXQW\SRGVWDZDPL QLH]DU\ELRQ\PL (,1)250$&-$235=('0,27$&+=:2/1,21<&+ SRGDüURG]DMNODV LSRZLHU]FKQL JUXQWyZ]ZROQLRQ\FKRUD]SU]HSLVSUDZD]MDNLHJRW\WXáXZ\VW SXMH]ZROQLHQLH 1D SRGVWDZLHDUW SNWZ]ZL ]NX]DUW LDUWDXVWDZ\] GQLDURSRVW SRZDQLXHJ]HNXF\MQ\PZDGPLQLVWUDFML ']8]U1USR]QLQLHMV]DGHNODUDFMDVWDQRZLSRGVWDZ GRZ\VWDZLHQLDW\WXáXZ\NRQDZF]HJR )2 :,$'&=(1,(,32'3,66.à$'$- &(*2262%<5(35(=(178- &(-6.à$'$- &(*2 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG =JRGQLH]DUWNNV]DSRGDZDQLHRUJDQRZLSRGDWNRZHPXQLHSUDZG\DOER ]DWDMHQLHSUDZG\JUR]LNDUDJU]\ZQ\OXESR]EDZLHQLDZROQR FLGRODWDOERRELHNDU\á F]QLH,PL 1D]ZLVNR 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR *$'127$&-(25*$1832'$7.2:(*2 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]
61 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRGHNODUDFM 5RN 3RGVWDZDSUDZQD8VWDZD]GQLDOLVWRSDGDURSRGDWNXUROQ\P7HNVWMHGQ']8]U1USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyESUDZQ\FKMHGQRVWHNRUJDQL]DF\MQ\FKRUD]VSyáHNQLHPDM F\FKRVRERZR FLSUDZQHME G F\FK ZáD FLFLHODPLJUXQWyZSRVLDGDF]DPLVDPRLVWQ\PLJUXQWyZX \WNRZQLNDPLZLHF]\VW\PLJUXQWyZSRVLDGDF]DPLJUXQWyZ VWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJRRUD]GODRVyEIL]\F]Q\FKE G F\FKZVSyáZáD FLFLHODPL OXEZVSyáSRVLDGDF]DPL]RVREDPLSUDZQ\PLE G ]LQQ\PLMHGQRVWNDPLRUJDQL]DF\MQ\PLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHMOXE]H VSyáNDPLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHM 7HUPLQVNáDGDQLD'RVW\F]QLDND GHJRURNXSRGDWNRZHJRZWHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD:yMW*PLQ\3RURQLQ 8ZDJD2ERZL ]HNVNáDGDQLDGHNODUDFMLQDSRGDWHNOH Q\GRW\F]\UyZQLH SRGDWQLNyZNRU]\VWDM F\FK]H]ZROQLH QDPRF\SU]HSLVyZXVWDZ\ :ymw*plq\3rurqlq $GUHV3RURQLQXO3LáVXGVNLHJR QLHSRWU]HEQHVNUH OLü GRW\F]\VNáDGDM FHJRGHNODUDFM QLHE G FHJRRVRE IL]\F]Q GRW\F]\VNáDGDM FHJRGHNODUDFM E G FHJRRVRE IL]\F]Q 5RG]DMVNáDGDM FHJRGHNODUDFM ]D]QDF]\üZáD FLZ NUDWN qrvredil]\f]qdqrvredsudzqdqmhgqrvwndrujdql]df\mqd qvsyándqlhpdm FDRVRERZR FLSUDZQHM 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN qzád FLFLHOqZVSyáZáD FLFLHOqSRVLDGDF]VDPRLVWQ\qZVSyáSRVLDGDF]VDPRLVWQ\qX \WNRZQLNZLHF]\VW\ qzvsyáx \WNRZQLNZLHF]\VW\qSRVLDGDF]qZVSyáSRVLDGDF]]DOH Q\QSG]LHU DZFD 0LHMVFHDDGUHV\SRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLDRUD]LGHQW\ILNDWRU\G]LDáHNQXPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZRUD] QD]ZDV GXZNWyU\PSURZDG]RQDMHVWNVL JDZLHF]\VWDOXE]ELRUyZGRNXPHQWyZ8ZDJDÄZ\ND]XMHVL RGU EQLHGODND GHMQLHUXFKRPR FL /S,GHQW\ILNDWRU 3RZLHU]FKQLD 1U.VL JL:LHF]\VWHM 1D]ZDV GXZNWyU\PSURZDG]RQD $GUHV G]LDáNL ZKDIL] MHVWNVL JDZLHF]\VWDOXE]ELyU GRNXPHQWyZ 8ZDJDLQIRUPDFMHRJUXQWDFKSRáR RQ\FKQDWHUHQLHLQQ\FKJPLQQDOH \SRWZLHUG]LüQS]D ZLDGF]HQLHPZ\SLVHP]UHMHVWUXJUXQWyZ ]DZLDGRPLHQLHPR]PLDQLHE G SU]H]SRWZLHUG]HQLHZGDQ\P8U] G]LH*PLQ\ 1D]ZDSHáQD1D]ZLVNRSLHUZV]HLPL GDWDXURG]HQLD 1D]ZDVNUyFRQDLPL RMFDLPL PDWNL8ZDJDZ\ND]XMHVL W\ONRZyZF]DVJG\RVRELHIL]\F]QHMQLHQDGDQRQXPHUX3(6(/,GHQW\ILNDWRU5(*211XPHU3(6(/.UDM :RMHZyG]WZR 3RZLDW *PLQD 8OLFD 1XPHUGRPX1XPHUORNDOX 0LHMVFRZR ü.rgsrf]wrz\ 3RF]WD 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN qghnodudfmdurf]qdqnruhnwdghnodudfmlurf]qhm
62 ''$1('27<&= ]ZROQLRQ\PL.ODV\X \WNyZ Z\QLNDM FH] HZLGHQFML JUXQWyZL EXG\QNyZ &(35=('0,27Ï:232'$7.2:$1,$Zá F]QLH]H 3RZLHU]FKQLDJUXQWXZKHNWDUDFK IL]\F]Q\FK 8ZDJDÄ:\ND]Dü]GRNáDGQR FL GR P 2JyáHP 1LHSRGOHJDM FH SU]HOLF]HQLXQDKD SU]HOLF]HQLRZH 3RGOHJDM FH SU]HOLF]HQLXQD KHNWDU\ SU]HOLF]HQLRZH /LF]ED KHNWDUyZ SU]HOLF]H QLRZ\FK 6WDZND ]KD SU]HOLF]H QLRZHJROXE IL]\F]QHJR Z]áJU :\PLDU SRGDWNX UROQHJR Z]áJU ' *UXQW\RUQH,,,,,,D,,,E,9D,9E 9 9, 9,] ' 6DG\,,,,,,D,,,E,9D,9E 9 9, 9,] ' 8 \WNL]LHORQH,,,,,,,9 9 9, 9,] *UXQW\UROQH ' ]DEXGRZDQH,,,,,,D,,,,,,E,9D,9,9E 9 9, 9,] ' *UXQW\SRG VWDZDPL
63 D]DU\ELRQHáRVRVLHPWURFL JáRZDFLF SDOL LSVWU JLHP E]DU\ELRQHLQQ\PLJDWXQNDPL U\EQL ZSR]D FJUXQW\SRGVWDZDPL QLH]DU\ELRQ\PL ' 5RZ\ *UXQW\]DGU]HZLRQH ' L]DNU]DF]RQHSRáR RQHQD85,,,,,,D,,,,,,E,9D,9 9 9, 9,] ' 5D]HP EH]]ZROQLH (,1)250$&-$235=('0,27$&+=:2/1,21<&+ SRGDüURG]DMNODV LSRZLHU]FKQL JUXQWyZ]ZROQLRQ\FKRUD]SU]HSLVSUDZD]MDNLHJRW\WXáXZ\VW SXMH]ZROQLHQLH )8/*,:32'$7.852/1<02'*5817Ï: ]W\WXáXQDE\FLDOXEREM FLDZ]DJRVSRGDURZDQLHJUXQWyZ LQZHVW\F\MQH JyUVNLH LQQH ) 5D]HP *à &=1$.:27$32'$7.8.ZRWDSRGDWNX 5y QLFDNZRW]'±)QDOH \]DRNU JOLüGRSHáQ\FKG]LHVL WHNJURV]\ 1DSRGVWDZLHDUW SNWZ]ZL ]NX]DUW LDUWDXVWDZ\]GQLDURSRVW SRZDQLXHJ]HNXF\MQ\PZ DGPLQLVWUDFML '] 8 ] U 1U SR] QLQLHMV]D GHNODUDFMD VWDQRZL SRGVWDZ GR Z\VWDZLHQLD W\WXáX Z\NRQDZF]HJR +2 :,$'&=(1,(,32'3,66.à$'$- &(*2262%<5(35(=(178- &(-6.à$'$- &(*2 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG =JRGQLH]DUWNNV]DSRGDZDQLHRUJDQRZLSRGDWNRZHPXQLHSUDZG\DOER ]DWDMHQLHSUDZG\JUR]LNDUDJU]\ZQ\OXESR]EDZLHQLDZROQR FLGRODWDOERRELHNDU\á F]QLH,PL 1D]ZLVNR 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR,$'127$&-(25*$1832'$7.2:(*2 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]
64
65
66 % '$1(, '( 17 <),.$&<- 1( / S,G HQ W\IL ND W RU G ]LD án L 3R Z LHU]FK QL D Z KD I L]\F]Q \FK 0LHM VFHD DG UHV \ SRáR HQ LD S U]HG PL RW y Z RSRGDWNRZDQLD 1U. VL JL :LHF]\VW HM 1D ]Z D V GX ZNWyU\PSURZDG]RQD M HVWN VL JD ZLHF] \VWD OXE]ELyUGRNXPHQWyZ 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM 5RN 3RGVWDZDSUDZQD8VWDZD]GQLDSD G]LHUQLNDURSRGDWNXOH Q\P']81USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHODPLODVyZSRVLDGDF]DPLVDPRLVWQ\PLODVyZ X \WNRZQLNDPLZLHF]\VW\PLODVyZSRVLDGDF]DPLODVyZVWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJR 7HUPLQVNáDGDQLD:WHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQDSRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE ]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD:yMW*PLQ\3RURQLQ]HZ]JO GXQDPLHMVFHSRáR HQLDODVX $0,(-6&(6.à$'$1,$,1)250$&-, :ymw*plq\3rurqlq $GUHV3RURQLQXO3LáVXGVNLHJR %'$1(6.à$'$- &(*2,1)250$&- 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN qzád FLFLHOq ZVSyáZáD FLFLHOqSRVLDGDF]VDPRLVWQ\qZVSyáSRVLDGDF]VDPRLVWQ\qX \WNRZQLNZLHF]\VW\ qzvsyáx \WNRZQLNZLHF]\VW\qSRVLDGDF]]DOH Q\QSG]LHU DZFDqZVSyáSRVLDGDF]]DOH Q\QSG]LHU DZFD 0LHMVFHDDGUHV\SRáR HQLDODVXRUD]LGHQW\ILNDWRU\G]LDáHNQXPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZGRNXPHQWyZRUD]QD]ZDV GXZ NWyU\PSURZDG]RQDMHVWNVL JDZLHF]\VWDOXE]ELyUGRNXPHQWyZ8:$*$Ä:\ND]XMHVL RGU EQLHGODND GHMQLHUXFKRPR FL 1D]ZLVNRSLHUZV]HLPL GUXJLHLPL,PL RMFDLPL PDWNLGDWDURG]HQLD8:$*$Ä:\ND]XMHVL W\ONRZyZF]DVJG\RVRELHIL]\F]QHMQLHQDGDQRQXPHUX3(6(/ 1XPHU3(6(/5(*21
67 %$'5(6=$0,(6=.$1,$.UDM :RMHZyG]WZR 3RZLDW *PLQD 8OLFD 1UGRPX1UORNDOX 0LHMVFRZR ü.rgsrf]wrz\ 3RF]WD &2.2/,&=12 &,32:2'8- &(.21,(&=12 û=à2 (1,$,1)250$&-, 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN q,qirupdfmdvnádgdqdsrud]slhuzv]\qdgdq\urnqnruhnwd]ár RQHMXSU]HGQLRLQIRUPDFML ''$1('27<&= &(35=('0,27Ï:232'$7.2:$1,$ '=:<- 7.,(0=:2/1,21<&+ :\V]F]HJyOQLHQLH 3RZLHU]FKQLDZKHNWDUDFKIL]\F]Q\FK 8:$*$Ä:\ND]Dü]GRNáDGQR FL GRP /DV\RFKURQQH /DV\ZFKRG] FHZVNáDGUH]HUZDWyZ SU]\URG\LSDUNyZQDURGRZ\FK /DV\SR]RVWDáH QLHZ\PLHQLRQHZZL 5D]HPZ (,1)250$&-$235=('0,27$&+=:2/1,21<&+ SRGDüSRZLHU]FKQL ODVX]ZROQLRQHJRRUD]SU]HSLVSUDZD]MDNLHJRW\WXáXZ\VW SXMH]ZROQLHQLH 1DSRGVWDZLHDUW SNWZ]ZL ]NX]DUW LDUWDXVWDZ\]GQLDURSRVW SRZDQLXHJ]HNXF\MQ\PZ DGPLQLVWUDFML ']8 ] U 1U SR] QLQLHMV]D LQIRUPDFMD VWDQRZL SRGVWDZ GR Z\VWDZLHQLD W\WXáX Z\NRQDZF]HJR )2 :,$'&=(1,(,32'3,66.à$'$- &(*2262%<5(35(=(178- &(- 6.à$'$- &(*2 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG =JRGQLH]DUWNNV]DSRGDZDQLHRUJDQRZLSRGDWNRZHPXQLHSUDZG\DOER ]DWDMHQLHSUDZG\JUR]LNDUDJU]\ZQ\OXESR]EDZLHQLDZROQR FLGRODWDOERRELHNDU\á F]QLH,PL 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 1D]ZLVNR 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHMVNáDGDM FHJR *$'127$&-(25*$1832'$7.2:(*2 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU]
68 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRGHNODUDFM 5RN 3RGVWDZDSUDZQD8VWDZD]GQLDSD G]LHUQLNDURSRGDWNXOH Q\P']81USR] 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyESUDZQ\FKMHGQRVWHNRUJDQL]DF\MQ\FKRUD]VSyáHNQLHPDM F\FKRVRERZR FLSUDZQHM E G F\FKZáD FLFLHODPLODVyZSRVLDGDF]DPLVDPRLVWQ\PLODVyZX \WNRZQLNDPLZLHF]\VW\PLODVyZSRVLDGDF]DPLODVyZ VWDQRZL F\FKZáDVQR ü6nduex3d VWZDOXEMHGQRVWNLVDPRU] GXWHU\WRULDOQHJRRUD]GODRVyEIL]\F]Q\FKE G F\FK ZVSyáZáD FLFLHODPLOXEZVSyáSRVLDGDF]DPL]RVREDPLSUDZQ\PLE G ]LQQ\PLMHGQRVWNDPLRUJDQL]DF\MQ\PL QLHSRVLDGDM F\PLRVRERZR FLSUDZQHMOXE]VSyáNDPLQLHSRVLDGDM F\PLRVRERZR FLSUDZQHM 7HUPLQVNáDGDQLD'RGQLDVW\F]QLDND GHJRURNXSRGDWNRZHJRZWHUPLQLHGQLRG]DLVWQLHQLDRNROLF]QR FLPDM F\FKZSá\ZQD SRZVWDQLHE G Z\JD QL FLHRERZL ]NXSRGDWNRZHJROXE]DLVWQLHQLD]GDU]H PDM F\FKZSá\ZQDZ\VRNR üsrgdwnx 0LHMVFHVNáDGDQLD:yMW*PLQ\3RURQLQ 8ZDJD2ERZL ]HNVNáDGDQLDGHNODUDFMLQDSRGDWHNOH Q\GRW\F]\UyZQLH SRGDWQLNyZNRU]\VWDM F\FK]H]ZROQLH QDPRF\ SU]HSLVyZXVWDZ\ :ymw*plq\3rurqlq $GUHV3RURQLQXO3LáVXGVNLHJR QLHSRWU]HEQHVNUH OLü GRW\F]\VNáDGDM FHJRGHNODUDFM QLHE G FHJRRVRE IL]\F]Q GRW\F]\VNáDGDM FHJRGHNODUDFM E G FHJRRVRE IL]\F]Q %'$1(,'(17<),.$&<-1( 5RG]DMVNáDGDM FHJRGHNODUDFM ]D]QDF]\üZáD FLZ NUDWN qrvredil]\f]qdqrvredsudzqdqmhgqrvwndrujdql]df\mqd qvsyándqlhpdm FDRVRERZR FLSUDZQHM 5RG]DMZáDVQR FLSRVLDGDQLD]D]QDF]\üZáD FLZ NUDWN qzád FLFLHOqZVSyáZáD FLFLHOqSRVLDGDF]VDPRLVWQ\qZVSyáSRVLDGDF]VDPRLVWQ\qX \WNRZQLNZLHF]\VW\ qzvsyáx \WNRZQLNZLHF]\VW\qSRVLDGDF]qZVSyáSRVLDGDF]]DOH Q\QSG]LHU DZFD 0LHMVFHDDGUHV\SRáR HQLDSU]HGPLRWyZRSRGDWNRZDQLDRUD]LGHQW\ILNDWRU\G]LDáHNQXPHU\NVL JLZLHF]\VWHMOXE]ELRUXyZ GRNXPHQWyZRUD]QD]ZDV GXZNWyU\PSURZDG]RQDMHVWNVL JDZLHF]\VWDOXE]ELRUyZGRNXPHQWyZ8ZDJDÄZ\ND]XMHVL RGU EQLH GODND GHMQLHUXFKRPR FL /S,GHQW\ILNDWRU G]LDáNL 3RZLHU]FKQLD ZKDIL]\F]Q\FK 1U.VL JL:LHF]\VWHM 1D]ZDV GXZNWyU\P SURZDG]RQDMHVWNVL JDZLHF]\VWD OXE]ELyUGRNXPHQWyZ 1D]ZDSHáQD1D]ZLVNRSLHUZV]HLPL GDWDXURG]HQLD 1D]ZDVNUyFRQD,PL RMFDLPL PDWNL8ZDJDZ\ND]XMHVL W\ONRZyZF]DVJG\RVRELHIL]\F]QHMQLHQDGDQRQXPHUX3(6(/,GHQW\ILNDWRU5(*211XPHU3(6(/ %$'5(66,('=,%<$'5(6=$0,(6=.$1,$.UDM :RMHZyG]WZR 3RZLDW *PLQD 8OLFD 1UGRPX1UORNDOX 0LHMVFRZR ü.rgsrf]wrz\ 3RF]WD 2NROLF]QR FL]D]QDF]\üZáD FLZ NUDWN qghnodudfmdurf]qdqnruhnwdghnodudfmlurf]qhm $GUHV
69 '=:<- 7.,(0=:2/1,21<&+ :\V]F]HJyOQLHQLH 3RZLHU]FKQLDZKHNWDUDFK IL]\F]Q\FK 6WDZNDSRGDWNX P GUHZQD;FHQD P GUHZQDZ]áJU 3RGDWHNZ]áJU QDOH \]DRNU JOLüGR SHáQ\FKG]LHVL WHNJURV]\ UXEU[UXEU /DV\RFKURQQH /DV\ZFKRG] FH ZVNáDGUH]HUZDWyZ SU]\URG\LSDUNyZ QDURGRZ\FK /DV\SR]RVWDáH QLHZ\PLHQLRQH ZZL 5D]HPZ SRGDüSRZLHU]FKQL ]ZROQLRQHJRODVXVWDZN SRGDWNXSRGDWHNRUD]SU]HSLVSUDZD]MDNLHJRW\WXáXZ\VW SXMH]ZROQLHQLH 1D SRGVWDZLH DUW SNW Z ]ZL ]NX ] DUW L DUW D XVWDZ\ ] GQLD U R SRVW SRZDQLX HJ]HNXF\MQ\P Z DGPLQLVWUDFML']8]U1USR]QLQLHMV]DGHNODUDFMDVWDQRZLSRGVWDZ GRZ\VWDZLHQLDW\WXáXZ\NRQDZF]HJR 2 ZLDGF]DP HSRGDQHSU]H]HPQLHGDQHV ]JRGQH]SUDZG =JRGQLH]DUWNNV]DSRGDZDQLHRUJDQRZLSRGDWNRZHPX QLHSUDZG\DOER]DWDMDQLHSUDZG\JUR]LNDUDJU]\ZQ\OXESR]EDZLHQLHZROQR FLGRODWDOERRELHNDU\á F]QLH,PL 1D]ZLVNR 'DWDZ\SHáQLHQLDG]LH PLHVL FURN 8ZDJLRUJDQXSRGDWNRZHJR,GHQW\ILNDWRUSU]\MPXM FHJRIRUPXODU] 'DWDLSRGSLVSU]\MPXM FHJRIRUPXODU] 3RGSLVSLHF] üvnádgdm FHJRRVRE\UHSUH]HQWXM FHM VNáDGDM FHJR
70
1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM 1DURN 3RGVWDZDSUDZQD8VWDZD]GQLDVW\F]QLDURSRGDWNDFKLRSáDWDFKORNDOQ\FK7HNVWMHGQ']8]U1USR] ]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD
1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM 5RN 3RGVWDZDSUDZQD8VWDZD]GQLDOLVWRSDGDURSRGDWNXUROQ\PWM']8]U1USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHODPLJUXQWyZSRVLDGDF]DPLVDPRLVWQ\PLJUXQWyZX
%Ã'$1(Ã,'(17<),.$&<-1(Ã
$0,(-6&(6.à $'$1,$,1 )2 50$&-, &2.2/, &= 12 &, 32: 2 '8- &(.21,( &= 12 û=à2 (1,$,1)2 50$&-, 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM,5±, 1)25 0$&-$: 6 35$:, (32 '$7.85 2/ 1(*2 QD 5RN 3RGVWDZDSUDZQD8VWDZD]GQLDOLVWRSDGDURSRGDWNXUROQ\P7HNVWMHGQ']8]U1USR]]H]P
1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM 5RN 3RGVWDZDSUDZQD8VWDZD]GQLDOLVWRSDGDURSRGDWNXOH Q\P']81USR] 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHODPLODVyZSRVLDGDF]DPLVDPRLVWQ\PLODVyZ
1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJR LQIRUPDFM 3RGVWDZDSUDZQD8VWDZD]GQLDVW\F]QLDURSRGDWNDFKLRSáDWDFKORNDOQ\FK 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHOD SRVLDGDF]DPLVDPRLVWQ\PLQLHUXFKRPR
/ S 1 D ] Z L V N R L L P L L P L R Q D $ G U H V ] D P N R G 1, 3 5 ( * 2 1 1 D]ZDLDGUHVRUJDQXSRGDWN RZHJR,QIRUPDFMDRQLHUXFKRPR FLDFKEXG\QNDFKEXGRZODFKJUXQWDFKLODVDFKRVyEIL]\F]Q\FK 3RáR HQLHQLHUXFKRPR
Ã1XPHUÃ,GHQW\ILNDFMLÃ3RGDWNRZHMÃVNáDGDM FHJRÃLQIRUPDFM ÃÃ. Ã5RG]DMÃSRGPLRWXÃRSRGDWNRZDQLDÃÃ]D]QDF]\üÃZáD FLZ\ÃNZDGUDWÃ
![Ã1XPHUÃ,GHQW\ILNDFMLÃ3RGDWNRZHMÃVNáDGDM FHJRÃLQIRUPDFM ÃÃ. Ã5RG]DMÃSRGPLRWXÃRSRGDWNRZDQLDÃÃ]D]QDF]\üÃZáD FLZ\ÃNZDGUDWÃ](/thumbs/102/153450316.jpg "Ã1XPHUÃ,GHQW\ILNDFMLÃ3RGDWNRZHMÃVNáDGDM FHJRÃLQIRUPDFM ÃÃ. Ã5RG]DMÃSRGPLRWXÃRSRGDWNRZDQLDÃÃ]D]QDF]\üÃZáD FLZ\ÃNZDGUDWÃ")
1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM BBBBBBBBBB 3RGVWDZDSUDZQD8VWDZD]GQLDVW\F]QLDURSRGDWNDFKLRSáDWDFKOR 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZ EXGRZODQ\FKSRVLDGDF]DPLVDPRLVWQ\PLQLHUXFKRPR
3RGVWDZDSUDZQD8VWDZD]GQLDOLVWRSDGDURSRGDWNXUROQ\P']8] URSRGDWNDFKLRSáDWDFKORNDOQ\FK']8]U1USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHODPLJUXQ X \WNRZQLNDPLZLHF]\VW\PLJUXQWyZSRVLDGDF]DPLJUXQWyZQDSRGVWDZLHXPRZ\]DZ
6NáDGDM F\Ã )RUPXODU]Ã SU]H]QDF]RQ\Ã GODÃ RVyEÃ IL]\F]Q\FKÃ E G F\FKÃ ZáD FL SRVLDGDF]DPLÃ VDPRLVWQ\PLÃ QLHUXFKRPR FLÃ OXEÃ RELHNWyZÃ EXG
![6NáDGDM F\Ã )RUPXODU]Ã SU]H]QDF]RQ\Ã GODÃ RVyEÃ IL]\F]Q\FKÃ E G F\FKÃ ZáD FL SRVLDGDF]DPLÃ VDPRLVWQ\PLÃ QLHUXFKRPR FLÃ OXEÃ RELHNWyZÃ EXG](/thumbs/102/154752683.jpg "6NáDGDM F\Ã )RUPXODU]Ã SU]H]QDF]RQ\Ã GODÃ RVyEÃ IL]\F]Q\FKÃ E G F\FKÃ ZáD FL SRVLDGDF]DPLÃ VDPRLVWQ\PLÃ QLHUXFKRPR FLÃ OXEÃ RELHNWyZÃ EXG")
$0,(-6&(6.à$'$1,$'(./$5$&-, :ymw*plq\' %'$1(,'(17
1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM,1)250$&-$:635$:,(32'$7.82'1,(58&+202 &,52/1(*2,/( 1(*2 QD 5RN 3RGVWDZDSUDZQD8VWDZD]GQLDVW\F]QLDURSRGDWNDFKLRSáDWDFKORNDOQ\FKQLQLHMV]DXVWDZDGRNRQXMHZ]DNUHVLHVZRMHMUHJXODFMLZGUR
1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRGHNODUDFM &= û$'(./$5$&-$1$32'$7(.2'1,(58&+202 &,1$««««««««««5 3RGVWDZDSUDZQD8VWDZD]GQLDVW\F]QLDURSRGDWNDFKLRSáDWDFKORNDOQ\FKQLQLHMV]DXVWDZDGRNRQXMHZ]DNUHVLHVZRMHMUHJXODFMLZGUR
1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRGHNODUDFM 3RGVWDZDSUDZQD8VWDZD]GQLDOLVWRSDGDURSRGDWNXUROQ\P7HNVWMHGQ']8]U1USR]]H]P 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyESUDZQ\FKMHGQRVWHNRUJDQL]DF\MQ\FKRUD]VSyáHNQLHPDM
1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRLQIRUPDFM 5RN 3RGVWDZDSUDZQD8VWDZD]GQLDSD G]LHUQLNDURSRGDWNXOH Q\P']81U 6NáDGDM F\)RUPXODU]SU]H]QDF]RQ\GODRVyEIL]\F]Q\FKE G F\FKZáD FLFLHODP X \WNRZQLNDPLZLHF]\VW\PLODVyZSRVLDGDF]DPLODVyZVWDQRZL
à 32-$='8Ã6$02&+2'2:(*2à 'DWDÃSURGXNFMLÃ
/S 52'=$-,'2386=&=$/1$0$6$&$â.2:,7$ '0& 67$:.,32'$7.81$7(5(1,( 0,$67$ RGSRMD]GXQDU 32-$='86$02&+2'2:(*2 'DWDSURGXNFML GRU RGU 6DPRFKÍGFLàëDURZ\R'0&RGWRQGR WRQZãÜF]QLH /S 52'=$-,'2386=&=$/1$0$6$&$â.2:,7$
1LHSRVLDGDMÜF\QRUP\(852 3RVLDGDMÜF\ ]ã 1LHSRVLDGDMÜF\QRUP\(852 3RVLDGDMÜF\ ]ã 1XPHU,GHQW\ILNDFML3RGDWNRZHMVNáDGDM FHJRGHNODUDFM 3RGVWDZDSUDZQD8VWDZD]GQLDVW\F]QLDURSRGDWNDFKLRSáDWDFKORNDOQ\FK7HNV 6NáDGDM
Z\SURGXN. ZãÜF SRVLDGD V\VWHPÃHN (852
3U]HG]LDã\ 'ODSRMD]GÍZ Z\SURGXNRZDQ\FK GR ZãÜF]QLH EH]V\VWHPX HNRORJLF]QHJR (852(852 'ODSRM Z\SURGXN GR ZãÜF SRVLDGD V\VWHPHN (852 D 2GWRQ\GRWRQ\ ZãÜF]QLH ]ã E 3RZ\ëHMWRQ\GRWRQ ZãÜF]QLH ]ã F 3RZ\ëHMWRQGRSRQLëHM
V ]D RV Z /XEÃ]DZLHV]HQLHPÃ ]Ã]DZLHV]HQLHPÃ SQHXPDW\F]Q\PÃ. 'RSXV]F]DOQDÃÃ PDVDÃFDãNRZLWDÃ. UÍZQRZDëQHÃ PQLHMÃ
![V ]D RV Z /XEÃ]DZLHV]HQLHPÃ ]Ã]DZLHV]HQLHPÃ SQHXPDW\F]Q\PÃ. 'RSXV]F]DOQDÃÃ PDVDÃFDãNRZLWDÃ. UÍZQRZDëQHÃ PQLHMÃ](/thumbs/97/130717619.jpg "V ]D RV Z /XEÃ]DZLHV]HQLHPÃ ]Ã]DZLHV]HQLHPÃ SQHXPDW\F]Q\PÃ. 'RSXV]F]DOQDÃÃ PDVDÃFDãNRZLWDÃ. UÍZQRZDëQHÃ PQLHMÃ")
'RSXV]F]DOQD PDVDFDãNRZLWD ZWRQDFK 2VLHMH]GQH ]]DZLHV]HQLHP SQHXPDW\F]Q\P /XE]DZLHV]HQLHP X]QDQ\P]D UÍZQRZDëQH Z]ãRW\FK ':,(26,( QLHPQLHM PQLHM QLHPQLHM PQLHM QLHPQLHM PQLHM QLHPQLHM LZLàFHM 75=
52'=$-Ã,Ã'2386=&=$/1$Ã0$6$Ã&$à.2:,7$Ã '0&Ã32-$='8Ã6$02&+2'2:(*2Ã. WRQÃZá F]QLHÃÃ. 7(5(1,(Ã*0,1<Ã-$%à21.$Ã ]DZLHV]HQLDÃRVLÃ ,QQHÃV\VWHP\Ã.
![52'=$-Ã,Ã'2386=&=$/1$Ã0$6$Ã&$à.2:,7$Ã '0&Ã32-$='8Ã6$02&+2'2:(*2Ã. WRQÃZá F]QLHÃÃ. 7(5(1,(Ã*0,1<Ã-$%à21.$Ã ]DZLHV]HQLDÃRVLÃ ,QQHÃV\VWHP\Ã.](/thumbs/91/106726421.jpg "52'=$-Ã,Ã'2386=&=$/1$Ã0$6$Ã&$à.2:,7$Ã '0&Ã32-$='8Ã6$02&+2'2:(*2Ã. WRQÃZá F]QLHÃÃ. 7(5(1,(Ã*0,1<Ã-$%à21.$Ã ]DZLHV]HQLDÃRVLÃ ,QQHÃV\VWHP\Ã.")
Z]á /S 67$:.,32'$7.81$7(5(1,( 52'=$-,'2386=&=$/1$0$6$&$à.2:,7$ *0,1
,0LHMVFH]áR HQLDLQIRUPDFML,1)250$&-$21,(58&+202 &,$&+,2%,(.7$&+%8'2:/$1
/S 3R]RVWDOLZVSÍãZãDçFLFLHOHLZVSÍãSRVLDGDF]H 1D]ZLVNRLLPLà $GUHV 3(6(/ 1,3 RUD]FKDUDNWHUZãDGDQLD %8'
/S 6WDQRZLVNR 0LHVLàF]QLHZ]ã ZLGHãNLZ]ã çuhgqld ZLGHãNRZD RG GR 3U]HGV]NROD DG\UHNWRUSU]HGV]NRODF]\QQHJRSRQDGJRG]LQG]LHQQLH EG\UHNWRUSU]HGV]NRODF]\QQHJRGRJRG]LQG]LHQQLH FZLFHG\UHNWRU 6]NRã\ DG\UHNWRUV]NRã\OLF]ÜFHMGRRGG]LDãÍZ
,1)250$&-$Ã2Ã*5817$&+Ã VNáDGDQDÃSU]H]ÃRVRE\ÃIL]\F]QHÃ
![,1)250$&-$Ã2Ã*5817$&+Ã VNáDGDQDÃSU]H]ÃRVRE\ÃIL]\F]QHÃ](/thumbs/65/52845603.jpg ",1)250$&-$Ã2Ã*5817$&+Ã VNáDGDQDÃSU]H]ÃRVRE\ÃIL]\F]QHÃ")
,0LHMVFH]áR HQLDLQIRUPDFML,1)250$&-$2*5817$&+ VNáDGDQDSU]H]RVRE\IL]\F]QH 1D]ZDLDGUHVRUJDQXSRGDWNRZHJR,,2NROLF]QR FLSRZRGXM FH]áR HQLHLQIRUPDFML SRZVWDQLHRERZL ]NXSRGDWNRZHJR :\JD QL FLHRERZL ]NXSRGDWNRZHJR,,,'DQHGRW\F]
%Ã2.2/,&=12 &,ÃÃ32:2'8- &(ÃÃ.21,(&=12 ûãã=à2 (1,$ÃÃ,1)250$&-,ÃZáD FLZHÃ]D]QDF]\üÃ
![%Ã2.2/,&=12 &,ÃÃ32:2'8- &(ÃÃ.21,(&=12 ûãã=à2 (1,$ÃÃ,1)250$&-,ÃZáD FLZHÃ]D]QDF]\üÃ](/thumbs/102/152938010.jpg "%Ã2.2/,&=12 &,ÃÃ32:2'8- &(ÃÃ.21,(&=12 ûãã=à2 (1,$ÃÃ,1)250$&-,ÃZáD FLZHÃ]D]QDF]\üÃ")
,1)250$&-$21,(58&+202 &,$&+2%,(.7$&+%8'2:/$1
/SÃ :\V]F]HJÍOQLHQLHÃ ']LDã
![/SÃ :\V]F]HJÍOQLHQLHÃ ']LDã](/thumbs/103/158014658.jpg "/SÃ :\V]F]HJÍOQLHQLHÃ ']LDã")
/S :\V]F]HJÍOQLHQLH ']LDã 5$=(0ZW\P - 0LHMVNL'RP.XOWXU\Z:LHOLF]FH SRG DWNL LRSã DW\OR NDOQ H E XG]LDã\Z SR GDWN DFK SD åvwz RZ \FK G R F K RG \ ] P L H QL D V XE Z HQ F M H H GRWD FMH ]EXG ëhwx SDå VWZD
2çZLDWDLZ\FKRZDQLH 6]NRã\SRGVWDZRZH Z\GDWNLELHëÜFH *LPQD]MD Z\GDWNLELHëÜFH 3RPRFVSRãHF]QD 3R]RVWDãDG]LDãDOQRçÞ Z\GDWNLELHëÜFH (GXNDF\MQDRSLHNDZ\FKRZDZF]D 3RPRFPDWHULDOQDGODXF]QLÍZ Z\GDWNLELHëÜFH *RVSRGDUNDNRPXQDOQDLRFKURQDçURGRZLV
6W\F]HÏ /XW\ 0DU]HF 6DWHOLWD(XWHOVDW+RWELUG SODWIRUPDF\IURZ D VWRSQL(ÅUDGLR PRGHVFDQÅNDQDá7: 5 )DOH UHGQLH N+] *RG]LQD H F MV LH 0 N áh LD ] G LH Q R 3 N UH WR : D G UR
y Z U R . U ] F]R U ]D N R W R U Q N D D QyZ % RJG *Ã3DZOLND Ã2VWU\V] *Ã6XUJRZD *Ã= EDORZD *Ã.RWR *Ã*RU\OND à\vdã*yud *Ã6\UNyZND *Ã0DJXUD *Ã3DUV]\ZND
![y Z U R . U ] F]R U ]D N R W R U Q N D D QyZ % RJG *Ã3DZOLND Ã2VWU\V] *Ã6XUJRZD *Ã= EDORZD *Ã.RWR *Ã*RU\OND à\vdã*yud *Ã6\UNyZND *Ã0DJXUD *Ã3DUV]\ZND](/thumbs/36/17432176.jpg "y Z U R . U ] F]R U ]D N R W R U Q N D D QyZ % RJG *Ã3DZOLND Ã2VWU\V] *Ã6XUJRZD *Ã= EDORZD *Ã.RWR *Ã*RU\OND à\vdã*yud *Ã6\UNyZND *Ã0DJXUD *Ã3DUV]\ZND")
P Q S P PQSP *.RWR PQSP **RU\OND PQSP 3 R WR N 5 *3DUV]\ZND PQSP 3 U R V ' ZRU VN L3RWRN = D J PQSP U R G ] N L 3 2VWU\V].RVNRZD*yUD PQSP X VQ ] N R : L FLH 6RáW\VLD*yUD PQSP *6\UNyZND & Z F D Ny y Z 3
WYNIKI LOSOWANIA. Poniżej znajdą Państwo listę zwycięzców. Tabela zawiera zwycięskie Numery Identyfikacyjne uczestników.
WYNIKI LOSOWANIA Szanowni Państwo! Dziękujemy za wszystkie zgłoszenia do udziału w akcji przyznawania biletów na imprezę Juwenalia MegaWAT Bemowo 2019. Poniżej znajdą Państwo listę zwycięzców. Tabela zawiera
/S 3UREOHPVSRãHF]Q\ /LF]ED URG]LQ.RQLXV]D /LF]EDRVÍE ZURG]LQDFK /LF]ED URG]LQ, 8EÍVWZR %H]URERFLH 1LHSHãQRVSUDZQRçÞ 'ãxjrwuzdãdfkrured EH]UDGQRçÞZVSUDZDFK RSLHNXåF]\FK ZW\PURG]LQ\ QLHSHãQH URG]LQ\ZLHORG]LHWQH.
*0,1$ 2JÍãHP OXGQRçÞ 3RZLHU] FKQLD ZNP :RGRFLÜ JRZD UR]G]LHOF]D.DQDOL]D F\MQD 6LHÞ ZNP ZVNDéQLN REFLÜëHQLD VLHFLZRGR FLÜJRZHM ZVNDéQLN REFLÜëHQLD VLHFLNDQDOL ]DF\MQHM 3RãÜF]HQLDSURZDG]ÜFHGR EXG\QNÍZPLHV]NDOQ\FK
±ÃZáD FLZDÃSROLW\NDÃSU]HVWU]HQQD
![±ÃZáD FLZDÃSROLW\NDÃSU]HVWU]HQQD](/thumbs/39/18291824.jpg "±ÃZáD FLZDÃSROLW\NDÃSU]HVWU]HQQD")
3ROHáDGXVSRáHF]QHJR ±VSRáHF]QD]DVDGQR üdnfhswdfmd 3ROHáDGXHNRQRPLF]QHJR ±HNRQRPLF]QDJRVSRGDUF]D HIHNW\ZQR ü 3ROHáDGXHNRORJLF]QHJR ±HNRORJLF]QDUDFMRQDOQR ü 3ROHáDGXSU]HVWU]HQQHJR ±ZáD FLZDSROLW\NDSU]HVWU]HQQD
- :!" # $%&' &() : & *+, &( -. % /0 ( 1 $+ #2 ( #2 ) !( # ;<= &( ) >- % ( &( $+ #&( #2 A &? -4
- :!" # $%&' &() : 1. 8 -& *+, &( -. % /0 ( 1 $+ #2 ( #2 ) 3 45 167-1.!( # ;- % ( &(- 17 #(?!@- 167 1 $+ &( #&( #2 A &? -2.!"7 # ;- % #&( #2 A &? -3.!( # ;
:LHOLF]ND.5$.Ï: 0LHFKyZ 2ONXV] &KU]DQyZ 2VZLHFLP :DGRZLFH 6XFKD%HVNLG]ND 0\VOHQLFH %RFKQLD %U]HVNR /LPDQRZD 3URV]RZLFH 1RZ\7DUJ =DNRSDQH 1RZ\6DF] 7DUQyZ 'DEURZD 7DUQRZVND *RUOLFH =%,251,.,=$3252:(VLHüUHJLRQDOQD
2 7k 0 5k 2 0 1 5 S 1 0 0 P a s t w a c z ł o n k o w s k i e - Z a m ó w i e n i e p u b l i c z n e n a u s ł u g- i O g ł o s z e n i e o z a m ó w i e n i u - P r o c e d u r a o t w a r t a P o l
'] 5R]G] 7UHçÞ 7UDQVSRUWLãÜF]Q /RNDOQHSU]HZR]\SDV 'RWDFMHFHORZHRWU]\PDQH]JPLQ UHDOL]RZDQHQDSRGVWDZLHSRUR]XP MHGQRVWNDPLVDPRU]ÜGXWH 'URJLSXEOLF]QHSRZ 'RWDFMHFHORZHRWU]\PDQH]SRZLD UHDOL]RZDQHQDSRGVWDZLHSRUR]XP
1D SRGVWDZLH DUW XVW XVWDZ\ ] GQLD VW\F]QLD U R SRGDWNDFK L RSáDWDFK ORNDOQ\FK']8 ] U1U SR] ] Sy] ]P SU]HV\áDP\ IRUPXODU] LQIRUPDFML R QLHUXFKRPR FLDFK L RELHNWDFK EXGRZODQ\FKSRQL HM]SUR E RF]\WHOQHZ\SHáQLHQLHL]áR
8. N i e u W y w a ć u r z ą d z e n i a, g d y j e s t w i l g o t n e l ug b d y j e s t n a r a W o n e n a b e z p o 6 r e d n i e d z i a ł a n i
M G 4 0 1 v 4 G R I L L E L E K T R Y C Z N Y M G 4 0 1 I N S T R U K C J A M O N T A V U I B E Z P I E C Z N E G O U V Y T K O W A N I A S z a n o w n i P a s t w o, d z i ę k u j e m y z a z a k u p
0,(6=.$1,2:$Ã NR PXQDO QHJ RÃ 38%/,&=1$Ã U]ÜG RZHMÃ. 2GV]NRGR ZD QLH Ã]DÃ ]QL V] F]RQ \ÃVSU]àWÃ NR PSXWHURZ\Ã. 326,$'$-Û&<&+Ã262%2:2æ&,Ã
![0,(6=.$1,2:$Ã NR PXQDO QHJ RÃ 38%/,&=1$Ã U]ÜG RZHMÃ. 2GV]NRGR ZD QLH Ã]DÃ ]QL V] F]RQ \ÃVSU]àWÃ NR PSXWHURZ\Ã. 326,$'$-Û&<&+Ã262%2:2æ&,Ã](/thumbs/102/155598940.jpg "0,(6=.$1,2:$Ã NR PXQDO QHJ RÃ 38%/,&=1$Ã U]ÜG RZHMÃ. 2GV]NRGR ZD QLH Ã]DÃ ]QL V] F]RQ \ÃVSU]àWÃ NR PSXWHURZ\Ã. 326,$'$-Û&<&+Ã262%2:2æ&,Ã")
/S è UÍGã R GRFK RGX 3O DQ U 3O ]ã 2Sã DW\]D QDMHP L G ]LHUëD Zà J UXQWÍZ ]ã 2Sã DW\]D ZL HF]\VWH Xë\WNRZDQ LH ]ã & ]\QV]H ]D QDM HP OR NDOL Xë\WNR Z\ FK L PL HV]ND OQ\ FK ]ã 2Sã DW\]D PHG LD ]ã :S ã\z\
7. M i s a K o ł o
S U P 4 1 2 v. 2 0 16 G R I L L K O C I O Ł E K 5 R E D N I C A 4 2 c m, R U C H O M Y S U P 4 1 2 I N S T R U K C J A M O N T A 7 U I B E Z P I E C Z N E G O U 7 Y T K O W A N I A S z a n o w n i P a
SPECYFIKACJA ISTOTNYCH WARUNKÓW ZAMÓWIENIA
Z n a k s p r a w y G C S D Z P I 2 7 1 0 1 12 0 1 5 S P E C Y F I K A C J A I S T O T N Y C H W A R U N K Ó W Z A M Ó W I E N I A D o s t a w a ( u d o s t p n i e n i e ) a g r e g a t u p r» d o t w
!"#$%&' () *+, -./01 " 2%& %&9: ; : A: BCD E ;0%&; " FGHI9 0 8 JKL MN;O 1 BG4 PQRS F TUVG4WHXY P P P Z[P0\] P^_ G`abc 2 1 B %& \];* *+ J
![!#$%&' () *+, -./01 2%& %&9: ; : A: BCD E ;0%&; FGHI9 0 8 JKL MN;O 1 BG4 PQRS F TUVG4WHXY P P P Z[P0\] P^_ G`abc 2 1 B %& \];* *+ J](/thumbs/97/134158537.jpg "!#$%&' () *+, -./01 2%& %&9: ; : A: BCD E ;0%&; FGHI9 0 8 JKL MN;O 1 BG4 PQRS F TUVG4WHXY P P P Z[P0\] P^_ G`abc 2 1 B %& \];* *+ J")
!"#$%&'() *+, -./01 " 2%&34567. 8 %&9: ; : ?@ A: BCD E ;0%&; " FGHI9 0 8 JKL MN;O 1 BG4 PQRS F TUVG4WHXY P PP Z[P0\] P^_ G`abc 2 1 B%& \];* *+ J\]; 9 H \]; $ @ 6;! " + #$ %&#'!"#$ % ( )* +, - - +./,,
Rozdział 1. Nazwa i adres Zamawiającego Gdyński Ośrodek Sportu i Rekreacji jednostka budżetowa Rozdział 2.
Z n a k s p r a w y G O S I R D Z P I 2 7 1 03 3 2 0 1 4 S P E C Y F I K A C J A I S T O T N Y C H W A R U N K Ó W Z A M Ó W I E N I A f U d o s t p n i e n i e t e l e b i m ó w i n a g ł o n i e n i
Rozbrojenie jest głównym
[ G ń 4 979 ś M ń? 2 - ść ś ś ń ć ś ś ń L ś ź ń 35- L 40 ś ź ś ń ń ść G ś! LU FU L* ś ć ] ś ń ń * ń- śś L ć ń ś Ż Ś ś ś ś ś ń G ś ś ń Ś ść ś Ą G ń «ń ń F M H ń vqu L * ńmó ~~ H ń L ĄG Ń L H ŁŃG!* 0 ń VM
@A 6 ." FV 14I V * 3 =1 Y/Z 6 <6 0& & FS' &M.
-78 *+,- 1391 %&' 3!"# 42 1 2 0 *1 &/ 78 2 (6 :&4;) 6 78 /# 34/5 3 @A 6 (90/12/7 : 90/4/22 : ) 4O H& E. 1
i~i~~ i 22 I~~ ~ ~~ 5I:=z:= 1*11
F/C 15/1 HI. i~i~~ i 22 I~~ ~ ~~ 5I:=:= 1*11 U)L C3C U,, U) C) %r1t6wflisiro3, 0 cot E20. i CL) U) S.. *069 88LV-G3V K / 01 Co C~) * Ī. Co L;. ~ - 0 N 0 I C4) I.- 0 LO 0 lb a) C.).,~ a 4)-- 0 -~ >~ *-0o
JK%6LMN%O B %& / 2 &B " ] %# 1 + U UV XT HM < HM " U(W$ + "! ZW$ & b '%E] XT H M < *HMb + ) O Z Z " Z " (^!A D= X +G L 9 br&c -
![JK%6LMN%O B %& / 2 &B ] %# 1 + U UV XT HM < HM U(W$ + ! ZW$ & b '%E] XT H M < *HMb + ) O Z Z Z (^!A D= X +G L 9 br&c -](/thumbs/95/124799194.jpg "JK%6LMN%O B %& / 2 &B ] %# 1 + U UV XT HM < HM U(W$ + ! ZW$ & b '%E] XT H M < *HMb + ) O Z Z Z (^!A D= X +G L 9 br&c -")
JK%6LMN%OB %& / 2 &B "*"HIJKL;>M./? @"&]S@ ]%# 1 + U UV XTHM < HM "U(W$ + "! ZW$ & b'%e]xth M < *HMb + )OZ Z " Z " (^!A D= X+G L9 br&c - WXL#. 5 >L# L F+ -! 'L] O + (! A > M < F [ E L /:( ) : 2 #A- c I]
HABSBURGOWIE XV XIX W. HABSBURGOWIE. XV-XIX w.
HABSBURGOWIE XV XIX W. HABSBURGOWIE 358 XV-XIX w. Ż L B R E C H T I I F R Y D E R Y K I I I M Ż K S Y M I L IŻ N I K Ż R O L V H Ż B S B U R G O W I E W X VŁ X I XW. F E R D Y NŻ N D I M Ż K S Y M I L
/S 'DWD ZSã\ZX XZDJL 1D]ZLVNRLLPLàQD]ZD MHGQRVWNLRUJDQL]DF\MQHM LDGUHV]JãDV]DMÜFHJRXZDJL 7UHçÞXZDJL 2]QDF]HQLH 8VWDOHQLDSU QLHUXFKRPRçFL SODQXG NWÍUHMGRW\F]\ QLHUXFKRPRçF ZQLRVHN GRW\F]\XZ /S /RNDOL]DFMD
Suodattimet PUSSISUODATIN ALTECH GX EPM10 60PROS. 287X592X525/3 PUSSISUODATIN ALTECH GX EPM10 60PROS. 592X287X360/6
Suodattimet Tuote LVI-numero Pikakoodi 7754400 OK08 GX EPM10 60PROS. 287X592X360/3 GX EPM10 60PROS. 287X592X525/3 GX EPM10 60PROS. 592X287X360/6 GX EPM10 60PROS. 592X287X525/6 GX EPM10 60PROS. 592X592X360/6
:VLHÃ /LF]EDÃOXGQR FLÃ /LF]EDÃGRPyZÃ 3RZLHU]FKQLDÃZVLÃ UHGQLDÃ SRZLHU]FKQLDÃQDÃ MHGQRÃVLHGOLVNRÃ
![:VLHÃ /LF]EDÃOXGQR FLÃ /LF]EDÃGRPyZÃ 3RZLHU]FKQLDÃZVLÃ UHGQLDÃ SRZLHU]FKQLDÃQDÃ MHGQRÃVLHGOLVNRÃ](/thumbs/69/60862861.jpg ":VLHÃ /LF]EDÃOXGQR FLÃ /LF]EDÃGRPyZÃ 3RZLHU]FKQLDÃZVLÃ UHGQLDÃ SRZLHU]FKQLDÃQDÃ MHGQRÃVLHGOLVNRÃ")
:VLH /LF]EDOXGQR FL /LF]EDGRPyZ 3RZLHU]FKQLDZVL >KD@ UHGQLD SRZLHU]FKQLDQD MHGQRVLHGOLVNR GRP %\VWUD 6LG]LQD 5$=(0 5RG]DMX \WNX 3RZLHU]FKQLD >KD@ 8G]LDáÈ 8G]LDáÈSRV]F]HJyOQ\FKNODVERQLWDF\MQ\FK,,,D,9D,9E
0 ( 1 ) Q = Q T W + Q W + Q P C + Q P R + Q K T + Q G K + Q D M =
M O D E L O W A N I E I N Y N I E R S K I E n r 4 7, I S S N 1 8 9 6-7 7 1 X O P T Y M A L I Z A C J A K O N S T R U K C J I F O R M Y W T R Y S K O W E J P O D K Ą T E M E F E K T Y W N O C I C H O D
Rozdział 1. Nazwa i adres Zamawiającego Gdyńskie Centrum Sportu jednostka budżetowa Rozdział 2. Informacja o trybie i stosowaniu przepisów
Z n a k s p r a w y G C S D Z P I 2 7 1 0 4 52 0 1 5 S P E C Y F I K A C J A I S T O T N Y C H W A R U N K Ó W Z A M Ó W I E N I A W y k o n a n i e p o m i a r ó w i n s t a l a c j i e l e k t r y c
!"#$%&'!"#$%&' () *+,-./ : ; /0 7 < = FG-C, FHIJ!KLMN-O ) P =QRSTU VW 6XY Z[\ < =] F F^ _`ab a ) V 4 = < 5-[ =>
![!#$%&'!#$%&' () *+,-./ : ; /0 7 < = FG-C, FHIJ!KLMN-O ) P =QRSTU VW 6XY Z[\ < =] F F^ _`ab a ) V 4 = < 5-[ =>](/thumbs/96/127817587.jpg "!#$%&'!#$%&' () *+,-./ : ; /0 7 < = FG-C, FHIJ!KLMN-O ) P =QRSTU VW 6XY Z[\ < =] F F^ _`ab a ) V 4 = < 5-[ =>")
!"#$%&'!"#$%&' () *+,-./0123456789: ; /0 7 < = >?@AB6C,DE89 FG-C, FHIJ!KLMN-O )P =QRSTU VW 6XY Z[\ < =] F F^ _`ab a QRSc @ ^@ ) \ @a V 4 = < 5-[ => & W = -[ < = @ > @
K R Ó L O W I E PS Z W E C J I PWP.P O LF K U N G O W I E P 5 2 2
5 2 2 3. Folkungowie WŻ L D E MŻ R B I R G E R S S O N MŻ G N U S I LŻ D U L Å S B I R G E R MŻ G N U S S O N MŻ G N U S I I E R I K S S O N E R Y K MŻ G N U S S O N HŻŻ K O N MŻ G N U S S O N 5 2 3 W
! " #$% & '! " # ( ) ; 678 )* <=>! 2? *+ 1 (%!" # $ % & '!# & ' ' *+! "#$ $%! $& " $ ' ' ($ $. #$ $ #. $ " # 2 # $ " $ / " $ #. $ $ -.. / -/. $ -.. #.
! " #$% & '! " # ( ) ; 678 )* ! 2? *+ 1 (%!" # $ % & '!# & ' ' *+! "#$ $%! $& " $ ' ' ($ $. #$ $ #. $ " # 2 # $ " $ / " $ #. $ $ -.. / -/. $ -.. #. # $ " $ #. 3. $ $ $ -.. " #$.$ # )#& $ # # # " - $..!"#$%&'
Rozdział 1. Nazwa i adres Zamawiającego Gdyńskie Centrum Sportu jednostka budżetowa Rozdział 2. Informacja o trybie i stosowaniu przepisów
Z n a k s p r a w y G C S D Z P I 2 7 1 07 2 0 1 5 S P E C Y F I K A C J A I S T O T N Y C H W A R U N K Ó W Z A M Ó W I E N I A f U s ł u g i s p r z» t a n i a o b i e k t Gó w d y s k i e g o C e n
Podręcznik użytkownika. Satellite
Podręcznik użytkownika Satellite 1800 TELLITE1800 SATELLITE1800 SATELLITE1800 Choose freedom. 3RGU F]QLNX \WNRZQLND 3UDZDDXWRUVNLH E\726+,%$&RUSRUDWLRQ:V]HONLHSUDZD]DVWU]H RQH3RGJUR Ei QDUXV]HQLDSUDZDXWRUVNLFKQLQLHMV]\SRGU
Í ń ę ń Í ę ź ę ń ľ ń ć ę ę ľ ń ę ľ ć
ń Í ń ę ń Í ę ź ę ń ľ ń ć ę ę ľ ń ę ľ ć Í ń Ó Ń Ń Ń Ó ľ ęż Ń Á ęż Ń Ą ę Ż ć ę ę Ż ć ę ć Ś ę ę Ś Ż Ż Ż Ż ę ę Ż ń Ż ń ę ę ć Ś ę Ż ć Ż ć Ż Ż ć ń Ż ľ ę ę ę ę Ś ę ę ľ ę Ę Ĺ Í ľ ď ý Ę ń ľ ę ń Ó Ń ć Í ô Ó ľ ü
O) bgo O) O) - -- U u'm
) CD 5 J J CM a > rj C Li? CM LJJ %I a a f a f a CL n LD C a 4 CM CM aj LI bg a a U a U U m CL a a U U a > il _ n D a CM a LL + L CM a III i;!irili in 4 x «a U z ( m m m a ( t (5 C 4 (5 a Ln
, , , , 0
S T E R O W N I K G R E E N M I L L A Q U A S Y S T E M 2 4 V 4 S E K C J I G B 6 9 6 4 C, 8 S E K C J I G B 6 9 6 8 C I n s t r u k c j a i n s t a l a c j i i o b s ł u g i P r z e d r o z p o c z ę
Rozdział 1. Nazwa i adres Zamawiającego Gdyński Ośrodek Sportu i Rekreacji jednostka budżetowa Rozdział 2.
Z n a k s p r a w y G O S i R D Z P I 2 7 1 0 3 62 0 1 4 S P E C Y F I K A C J A I S T O T N Y C H W A R U N K Ó W Z A M Ó W I E N I A Z a p e w n i e n i e z a s i l a n i ea n e r g e t y c z ne g o
6SDG (IHNWÃHNRORJ GRFHOR =DQLHF]\V]F]HQLHÃ SURJUDPÃOLNZLGDFMLÃ QDSUDZF]HJRÃ =DDZDQVRZDQ\Ã. G]LDãDQLDÃ 5RG]DMÃ SRZLHU]FKQLR RJU]HZDQLHÃ.
![6SDG (IHNWÃHNRORJ GRFHOR =DQLHF]\V]F]HQLHÃ SURJUDPÃOLNZLGDFMLÃ QDSUDZF]HJRÃ =DDZDQVRZDQ\Ã. G]LDãDQLDÃ 5RG]DMÃ SRZLHU]FKQLR RJU]HZDQLHÃ.](/thumbs/99/142391810.jpg "6SDG (IHNWÃHNRORJ GRFHOR =DQLHF]\V]F]HQLHÃ SURJUDPÃOLNZLGDFMLÃ QDSUDZF]HJRÃ =DDZDQVRZDQ\Ã. G]LDãDQLDÃ 5RG]DMÃ SRZLHU]FKQLR RJU]HZDQLHÃ.")
(IHNWHNRORJ èuígãrhplvml 5RG]DM G]LDãDQLD QDSUDZF]HJR =DQLHF]\V]F]HQLH 6SDG >W èuígãd SRZLHU]FKQLR ZH RJU]HZDQLH =DDZDQVRZDQ\ SURJUDPOLNZLGDFML QLVNLHMHPLVML Z=DNRSDQHP S\ã30 Z GRFHOR èuígãrhplvml 'URJLHPLVMD
!"#$ # % &'# #% # # ( )*+,-.-% /.0! 1!"#$%&' ()*+,-./% "67 8&9:;! )* DE FGHIJ/KLKMNO KM * K 9 PQR4STUVKNWX4N%&Y N )* Z[ \]B^_`ab
![!#$ # % &'# #% # # ( )*+,-.-% /.0! 1!#$%&' ()*+,-./% 67 8&9:;! )* DE FGHIJ/KLKMNO KM * K 9 PQR4STUVKNWX4N%&Y N )* Z[ \]B^_`ab](/thumbs/101/148808262.jpg "!#$ # % &'# #% # # ( )*+,-.-% /.0! 1!#$%&' ()*+,-./% 67 8&9:;! )* DE FGHIJ/KLKMNO KM * K 9 PQR4STUVKNWX4N%&Y N )* Z[ \]B^_`ab")
!"#$ # % &'# #% # # ( )*+,-.-% /.0! 1=>?@ 1!"#$%&' ()*+,-./%01 2345 "67 8&9:;! )* ?@ABC DE FGHIJ/KLKMNO KM * K 9 PQR4STUVKNWX4N%&Y N )* Z[ \]B^_`abNc LGH M QR4S!"#$%!&' "!ABC$%&' DE C /0 1 FGHIJ CKLM
Zanim zapytasz prawnika
2 Zanim zapytasz prawnika 1 Zanim zapytasz prawnika Poradnik dla Klientów Biur Porad Prawnych i Informacji Obywatelskiej Pod redakcją Grzegorza Ilnickiego Fundacja Familijny Poznań Poznań 2012 3 N i n
& & 09!? % <4 5&'? A& A&? ' 50$9 '; DEF ; (H% &I4 J&4 5!KC9 JL"
%%%% / %%%%!"#$ &'( @A B1CDE )!*+,)-. 01234*56789:&; /01234*56789:&; < =>? *FG>H I@JK S1T7U6 VWK &X &'Y LR 7P1Q N. @9 M $% &'% (!! "# ^_\ ' L Z6 &'[61\]^_`@[ab@9 Mc619 Md 9 MYe1fg1 Bh 546 &'7% 12 &3 40)
Clockwork as a solution to the flavour puzzle
Clockwork a a oluon to the flavour puzzle Rodrigo Alono Beyond the BSM 2//28 eab6hicbns8naej3urq/qh69lbbbuleqmeif48t2a9oq9lj+3azsbboqs+gu8efdeqz/jm//gbzudtj4yelw8y8ibfcg9f9dgobmvbo8xdt7+wefr+fikrenumwyxwmsqgcngktgw4edhofnaoedolj3dzvpkhspjypzpqgh95cfnfipiynyxa26c5b4uwkajkag/jxfxiznejpmkba9zmx5glefm4kzutzumle3ochuwshqh9rpfotnyyzuhcwnlsxqyuh9pzdtsehtjoizqxxvbn4n9dltxjjzwmquhjlovcatk/nxzmgvmiomllcmul2vdfvlbmbtcmg4k2+ve7avxprxrn6r9no+jcgdwdpfgqq3qca8naaedhgd4htxlx3p2pzwvbywdo4q+czx/jbyzp
SPECYFIKACJA ISTOTNYCH WARUNKÓW ZAMÓWIENIA
Z n a k s p r a w y GC S D Z P I 2 7 1 0 1 42 0 1 5 S P E C Y F I K A C J A I S T O T N Y C H W A R U N K Ó W Z A M Ó W I E N I A f W y k o n a n i e p r a c p i e l g n a c y j n o r e n o w a c y j n
L U D O L F I N G O W I E PWP XŁ X IPW.P L U D O L F I N G O W I E X MX IPw.A P 8 0
L U D O L F I N G O W I E X MX Iw.A 8 0 K O N RŻ D I H E N R Y K I TŻ S Z N I K O T T O I W I E L K I O T T O I I O T T O I I I H E N R Y K I I WŚ I Ę T Y 8 1 K O N RŻ D I M A 8 2 O j c i e c- K O N RŻ
1DSRGVWDZLHQLQLHMV]HJR3URVSHNWXGRSXEOL ]QHJRREURWXZSURZDG]DQ\ KMHVWái ]QLHGRDN ML (PLWHQWDRZDUWR LQRPLQDOQHM]áND GDZW\P
![1DSRGVWDZLHQLQLHMV]HJR3URVSHNWXGRSXEOL ]QHJRREURWXZSURZDG]DQ\ KMHVWái ]QLHGRDN ML (PLWHQWDRZDUWR LQRPLQDOQHM]áND GDZW\P](/thumbs/26/7385331.jpg "1DSRGVWDZLHQLQLHMV]HJR3URVSHNWXGRSXEOL ]QHJRREURWXZSURZDG]DQ\ KMHVWái ]QLHGRDN ML (PLWHQWDRZDUWR LQRPLQDOQHM]áND GDZW\P")
52='=,$à III DANE O EMISJI 1DSRGVWDZLHQLQLHMV]HJR3URVSHNWXGRSXEOL ]QHJRREURWXZSURZDG]DQ\ KMHVWái ]QLHGRDN ML (PLWHQWDRZDUWR LQRPLQDOQHM]áND GDZW\P DN ML]Z\Ná\ KQDRND]L LHODVHULL(RZDUWR LQRPLQDOQHM]áRW\ND
Gdyńskim Ośrodkiem Sportu i Rekreacji jednostka budżetowa
Z a ł» c z n i k n r 5 d o S p e c y f i k a c j i I s t o t n y c h W a r u n k Zó aw m ó w i e n i a Z n a k s p r a w y G O S I R D Z P I 2 7 1 0 1 1 2 0 14 W Z Ó R U M O W Y z a w a r t a w Gd y n
KLASYFIKACJA SZKÓŁ 2015/2016 SZKOŁY PODSTAWOWE. K o s. S i a t k ó w k a. r ę c. y k ó w k a. r ę c. n a. n a. c h ł
Lp B g I d B g f 4 - b j U j U j r ę r ę K K T T C ż H W ż B g um d L d d d d d d d A 1 Dbr 27 18 37 8 10 14 18 8 11 16 16 14 11 11 31 6 256 2 p 7 6 10 24 10 8 11 9 11 8 31 18 9 9 10 10 11 7 202 3 Kd 6
T00o historyczne: Rozwój uk00adu okresowego pierwiastków 1 Storytelling Teaching Model: wiki.science-stories.org , Research Group
13T 00 o h i s t o r y c z n Re o: z w ó j u k 00 a d u o k r e s o w e g o p i e r w i a s t k ó w W p r o w a d z e n i e I s t n i e j e w i e l e s u b s t a n c j i i m o g o n e r e a g o w a z e
Rozdział 1. Nazwa i adres Zamawiającego Gdyński Ośrodek Sportu i Rekreacji jednostka budżetowa Rozdział 2.
Z n a k s p r a w y G O S I R D Z P I 2 7 1 0 5 32 0 1 4 S P E C Y F I K A C J A I S T O T N Y C H W A R U N K Ó W Z A M Ó W I E N I A f W y k o n a n i e p r z e g l» d ó w k o n s e r w a c y j n o -
SENAT RZECZYPOSPOLITEJ POLSKIEJ V KADENCJA. Warszawa, dnia 18 marca 2004 r. SPRAWOZDANIE KOMISJI ROLNICTWA I ROZWOJU WSI
SENAT RZECZYPOSPOLITEJ POLSKIEJ V KADENCJA Warszawa, dnia 18 marca 2004 r. Druk nr 613 Z SPRAWOZDANIE KOMISJI ROLNICTWA I ROZWOJU WSI (wraz z zestawieniem wniosków).rplvmd QD SRVLHG]HQLX Z GQLX PDU D U
2 p. d p. ( r y s. 4 ). dv dt
M O D E L O W A N I E I N Y N I E R S K I E n r 4 7, I S S N 1 8 9 6-7 7 1 X N U M E R Y C Z N Y O P I W Y S T R Z E L E N I A S I A T K I S P R O C E S U W A S P E K C I E I N T E R A K C J I D Y N A
ZESTAWY ŁOŻYSK KÓŁ Indeks Marka Model Poj. Rocznik Przykładowe zastosowanie HONDA
ZESTAWY ŁOŻYSK KÓŁ HONDA M1055 PRZÓD HONDA CRF 50 03-14 M1055 PRZÓD HONDA XR 70 97-00 M1055 PRZÓD HONDA CR 80 84-08 M1055 PRZÓD HONDA CR 85 84-08 M1055 PRZÓD HONDA CRF 100 03-14 M1039 TYŁ HONDA CRF 250
Parametry fakturowania. Cennik (eksport) SANDA SP. Z O.O. TRAUGUTTA KOLUSZKI. Szanowni Państwo,
Użytk.-ID: 395 Data: 03-02-2015 Depot: 2900 Nr klienta: 29002476 SANDA SP. Z O.O. TRAUGUTTA 1 95-040 KOLUSZKI Szanowni Państwo, poniższy załącznik zawiera aktualne cenniki za usługi oraz dodatkowe serwisy
&' NO )* 232 > G)*+W G)*+W P8 ; 7 G^) P) # c! ^ P)!! 8 X"# -&!. $! 6 P) %.GH8 &T! 6 ' P) )<; <NL D GH O V _!! ^ ) N V 9 ( X"# c^ )* 6 P) /'] ) +
![&' NO )* 232 > G)*+W G)*+W P8 ; 7 G^) P) # c! ^ P)!! 8 X# -&!. $! 6 P) %.GH8 &T! 6 ' P) )<; <NL D GH O V _!! ^ ) N V 9 ( X# c^ )* 6 P) /'] ) +](/thumbs/101/149254385.jpg "&' NO )* 232 > G)*+W G)*+W P8 ; 7 G^) P) # c! ^ P)!! 8 X# -&!. $! 6 P) %.GH8 &T! 6 ' P) )<; <NL D GH O V _!! ^ ) N V 9 ( X# c^ )* 6 P) /'] ) +")
)* 232 > G)*+W G)*+W P8 ; 7 G^) P) # c! ^ P)!! 8 X"# -&!. $! 6 P) %.GH8 &T! 6 ' P) )
@ P. P > Z y G D S. ,,,,,,,9 9 9, 9,, 9,,,,; ; ;, ;,, 0LHVL ü @ P. P > Z y G D S 5RN
@ P P > Ã Z y G D S R Ã ü R O, @ P P > Ã Z y G D S R Ã ü R O, 5RN,,,,,,,9 9 9, 9,, 9,,,,; ; ;, ;,, 0LHVL ü à WRZQLD 1DSUDZ D 2VLHOHF 7RSRU]\VNR : \VRND 0LHMVFRZR FL 3 R Z L H U ] F K Q L D Ã >
!"#$%&'! () *+!,-$%&./01 # :; - #$ :!! "#$%&' ()*+,-./ 01&' * &'23!4 5"#.67+,89: ; 6016 &' & < & FD GH IJ KL MN%O8 &'N% KP PQR
!"#$%&'! () *+!,-$%&./01 # 23 45.6781.9:; - #$ :!! "#$%&' ()*+,-./ 01&' * &'23!4 5"#.67+,89: ; 6016 &' & < =>?@&'ABCDE &FD GH IJ KL MN%O8 &'N% KP PQRSQ&
>!"#$ % & ' "! ()* $ +*( #", -. #$ -. ". - +/! 0$1 U<> A $ ()*+! $!"#$%&' #$()*+,-. / (78-+9:; ( %.#<= / ABC D / /9G. H IJKLMN
>!"#$ % & ' "!()* $ +*( #", -. #$ -. ". - +/! 0$1 U A $ ()*+! $!"#$%&' #$()*+,-. /01 2345 6(78-+9:; ( %.#?@3 / ABC D E! @3 /F @3 /9G. H IJKLMN O :/ PQ+@3 /RST U V@W XY9J KLO ' 9Z M N />[\]^_` aq+b3
C_) (O 9. o ri O) 3. Cl) 3 CO CD (--1 < !jl. O o (1) Ci) Z Z>Z mzz6 O' O? 55 0H> ZCD> >Z>O. CDz ZCDH:3 11 >1J1J '0»<G) o oo) (4 >CDCD)o < O O>
J Ln ) t') ' ) 4 Ni C) Q v 'ri) ] H H H H 4 C/)C(C))CJ) '''''' U) (/) C Ci) H H H H H ( :: C) : D J J i J Ci) Ci) til li' I l (C I ç An Ci NJ I (TI Ni I'J 4C ( C') C') I ( Ni Ni I (Cl ) ) \ \ dp P W W
li; I Ip;Hr l*allhrgn , E' tr.e IEiEIIEiEE Is iir lge I lsreb EIetEIEIgEsae :EEieEg '= ;.3 S E'= db Eroe E; rry BquEHES F><R :ET &'; EiaH6tr .
g. i..:*. crur *.* c\ c..l n+cy) r l Qrcg ii A cq 8. rry i : ^A rryi CJ. ii r?) \J..rr)\n ) r ' b '.3 S l r 'A\ g C 3 lr fr.i r i r.\ AA? \l/ '. cg ll.r lr \.r )Y fn in) r..lrl i X l+l )lr( r Jii!.l i
I n f o r m a c j e n a t e m a t p o d m i o t u k t ó r e m u z a m a w i a j» c y p o w i e r z y łk p o w i e r z y l i p r o w a d z e p o s t p
A d r e s s t r o n y i n t e r n e t o w e j, n a k t ó r e j z a m i e s z c z o n a b d z i e s p e c y f i k a c j a i s t o t n y c h w a r u n k ó w z a m ó w i e n i a ( j e e ld io t y c z y )
Ż S KŻ Ń C Z Y C Y PWP X I Ł I X I VPW.P W I T T E L S BŻ C H O W I EPPPPPPPPPPPPPPP IP L U K S E M B U R G O W I EPPPPPPPPPPPPPP P X I V MX VP w.a 8
Ż S KŻ Ń C Z Y C Y W X I Ł I X I VW. W I T T E L S BŻ C H O W I E I L U K S E M B U R G O W I E X I V MX V w.a 8 8 W i t t e l s b a c h o w i e L U D W I K W Ż L D E MŻ R L U D W I K I STŻ R S Z Y FŻ
*+",-./&$%&- 0!"-!/&$%&' -+!"#$%&'(!"#$%&' -+. &-0+$%&'12, STUSVUVWWX 0'$YZ
0201 0201 01203451 78901 *+",-./&$%&- 0!"-!/&$%&' -+!"#$%&'(!"#$%&' -+. &-0+$%&'12, 345.67895 : ;10< 4=0=9=3 53>?1@> A= 4=5715>5 = =5= 0>A=421 012=2A1 BC D3=5E=5 19F=;>5G : 74==20@> 01I 5=3 21I= = 28I=41
2 0 0 M P a o r a z = 0, 4.
M O D E L O W A N I E I N Y N I E R S K I E n r 4 7, I S S N 1 8 9 6-7 7 1 X A N A L I Z A W Y T R Z Y M A O C I O W A S Y S T E M U U N I L O C K 2, 4 S T O S O W A N E G O W C H I R U R G I I S Z C Z
O F E R T A H o t e l Z A M E K R Y N * * * * T a m, g d z i e b łł k i t j e z i o r p r z e p l a t a s ił z s o c z y s t z i e l e n i t r a w, a r a d o s n e t r e l e p t a z m i a r o w y m s z
SENAT RZECZYPOSPOLITEJ POLSKIEJ V KADENCJA. Warszawa, dnia 6 marca 2003 r. SPRAWOZDANIE. oraz KOMISJI 6.$5%83$67:$,,1)5$6758.785<
SENAT RZECZYPOSPOLITEJ POLSKIEJ V KADENCJA Warszawa, dnia 6 marca 2003 r. Druk nr 340 Z SPRAWOZDANIE KOMISJI 6$025='87(5
! " # $ # +- :; 1 4 <=> BNC DE.78 S#W YQ S! >;X 5Z S. 8 B! B T K >;X 5Z! 78D L\ F S!! B ( KQL S!!! QLB 5Z ( X ( >; B 0# K B 0# >;L
! " # $ # +- :; 1 4 BNC DE.78 S#W YQ S! >;X 5Z S. 8 B! B T K >;X 5Z! 78D L\ F S!! B ( KQL S!!! QLB 5Z @`@QL ( X S!!;#@ S!!;#@ ( >; B 0# K B 0# >;LMC+ S B 0#LMC+! S B 0#LMC+ 5Z >; B., 2 ( ++- #TQ :!K
www.anilrana13014.weebly.com www.k8449.weebly.com t t t t t t t t t t t t t t t t t ç iv P P P P P P P P P P P q r s t r 1 r 1 2 r 34 5 I 2 6 r 34 5 I 78 910 ❶ r s ❷ ❸ 78 910 P P P P P s r r r r r r r
Off-momentum Optics at SuperKEKB
eefact 20, HKUST, pteer 25, 20 TUOBB02 Off-montum Opc SuperKE 1. Comac phae-vce 2. Comac cplg Y. Ohnihi Thi work wa upported by JSPS KAKENHI Grt Nr K475. achnhnsxtrfd2otaotdse1rfucohtpv1qwazgznzpkvphczgtoj/wiwrcljeop6kz/wiu/qb6kylbgfhht688867577z5uzqas6k5l658l0zfhxj8leopda0wldff1lwkytkultj0fku29npi53yjiadj012ex2hxphndvdr736ywpont1utyo6kki/msqdhon/0dzwz6bag4kah4beefwwohzzpimzpbcjk1dc4snkexw+pvlu+2yhfmekonbmyg6pqt6of90sff099varbx0utvscq+aoh/fouyuzvyu+/6k3pejuydb7lmc4rjejfo5wj1fgw9bzv/f6y5+8gucxqnxvwtpemgzaxriychxwm5tr/dviuu5ixbkucn/efk/y/cyjikq4nupcivr3cgjjafmkiuovemknsn4fkrulqlpk=
Spis świadectw wydanych przez COCH w 2006 r.
Numer świadectwa Spis świadectw wydanych przez COCH w 2006 r. Numer rejestracyjny (punkt 3 świadectwa) Uznaje się jako (punkt 6 świadectwa) Nr protokołu badań (punkt 7.2.3 świadectwa) Data waŝności świadectwa
0 5 F: X ^ ' F ' % 6 [ + F : `a[ F C ^ $< < W F MD4 4 = 9 B Z S ` '" 4 2> $ R&^ 6 7 \ = 9Q : > L,,U [, [ B P < 3. 3 A _ < \ F 4 M? cf $ 3
0 5 F: X ^ ' F ' % 6 [ + F + 6 + : `a[ F C ^ $< < W F MD4 4 = 9 B Z S ` '" 4 2> $ R&^ 6 7 \ = 9Q : > L,,U [, [ B P < 3. 3 A _ < L= @,, \ F 4 M? cf $ 3 ' K W : 7 cf FZ 6 = $ / W & J F W bl c4 6 < - 7 8
1D]ZD]DGDQLD =DNUHV :DUWRçÞ 3/$1),1$162:$1,$ -HGQRVWND LQZHVW\F\MQHJR U]HF]RZ\ NRV]WRU\V 'DOV]H UHDOL]XMÜFD ]DGDQLD %XGëHW,QQH %XGëHW,QQH %XGëHW,QQH ODWD SURJUDP /S JPLQ\ *PLQ\ JPLQ\ 0RGHUQL]DFMDSODFÍZHN
52='=,$à,9'$1( O EMITENCIE
52='=,$à,9'$1( O EMITENCIE 1. OZNACZENIE EMITENTA Firma: )DEU\ND)DUEL/DNLHUyZÄ QLH ND 6SyáND$N \MQD Forma prawna: VSyáNDDN \MQD Kraj siedziby: Polska Siedziba: Lubzina Adres: nr 34 A, 39-102 Lubzina Telefon:
SPECYFIKACJA ISTOTNYCH WARUNKÓW ZAMÓWIENIA
Z a m a w i a j» c y G D Y S K I O R O D E K S P O R T U I R E K R E A C J I J E D N O S T K A B U D E T O W A 8 1 5 3 8 G d y n i a, u l O l i m p i j s k a 5k 9 Z n a k s p r a w y G O S I R D Z P I
z d n i a 1 5 m a j a r.
C h o r ą g i e w D o l n o l ą s k a Z H P D e c y z j a n r 1 4 / I X / 2 0 1 5 K o m e n d a n t a C h o r ą g w i D o l n o 6 l ą s k i e j Z H P z d n i a 1 5 m a j a 2 0 1 5 r. w s p r a w i e g
5 9; STU ()* +,-. /0#1 cp :Y ; :PQ ; $< + =>? AB)* + C 2D +,6E ; FFGHI)* + Y * JK L# M )* N ;O 7 )* +] P<Q)* +R STUV6 #)* +,- ] W
![5 9; STU ()* +,-. /0#1 cp :Y ; :PQ ; $< + =>? AB)* + C 2D +,6E ; FFGHI)* + Y * JK L# M )* N ;O 7 )* +] P<Q)* +R STUV6 #)* +,- ] W](/thumbs/96/128964612.jpg "5 9; STU ()* +,-. /0#1 cp :Y ; :PQ ; $< + =>? AB)* + C 2D +,6E ; FFGHI)* + Y * JK L# M )* N ;O 7 )* +] P<Q)* +R STUV6 #)* +,- ] W")
5 9; STU ()* +,-. /0#1 cp 2 3 3 4567 8 + 9:Y ; :PQ ; $< + =>? : @ AB)* + C 2D +,6E ; FFGHI)* + Y * JK L# M )* N ;O 7 )* +] P 2 )* +. Z[\,- X ]^_` :,- a ^ bc, #,
Kawa. herbata? czy WSTĘP HERBATY CZARNE. Eksponuj sezonowe produk
WSTĘP HERBATY CZARNE KLASYKA NA PÓŁCE Hrt zr ę sgt śró hrt (70% lś srzż hrt) Mż rzgtć z r różrh sh ltg z lrh ó ś Pls K z hrt? Dż zl z ł zr? C r lzg? Pls r tór zz ę zló ż hr Wśró głóh ó sęg ę sę zą łśś