9$51,1*6g.(5+(765(*/(5
/g6)/-$1'(6g.(5+(765(*/(5,11$1
9g50$5(1$19g1'6
)5',16g.(5+(7
2PGXNËQQHUOXNWHQDYJDV
6WËQJDYJDVHQWLOODSSDUDWHQ
6OËFNDOOąSSHQOÎJD
2POXNWHQIRUWVËWWHUNRQWDNWDRPHGHOEDUWGLQ
JDVOHYHUDQWąUHOOHUEUDQGNÎUHQ
)5',16g.(5+(7
)ąUYDUDHOOHUDQYËQGLQWHEHQVLQHOOHUDQGUD
EUËQQEDUDJDVHURFKYËWVNRULQËUKHWHQDYGHQQD
HOOHUQÎJRQOLNQDQGHDSSDUDW
(QJDVROIODVNDVRPLQWHËUDQVOXWHQIąU
DQYËQGQLQJIÎULQWHIąUYDUDVLQËUKHWHQDYGHQQD
HOOHUQÎJRQDQQDQDSSDUDW
9$51,1*
9$51,1*)HODNWLJLQVWDOODWLRQMXVWHULQJ
ËQGULQJVHUYLFHHOOHUXQGHUKÎOONDQRUVDND
VNDGRUWLOOSHUVRQHOOHUHJHQGRP/ËV
LQVWDOODWLRQVGULIWVRFK
XQGHUKÎOOVDQYLVQLQJDUQDQRJJUDQWLQQDQGX
LQVWDOOHUDUHOOHUXWIąUVHUYLFHSÎXWUXVWQLQJHQ
9$51,1*
/ËVDQYLVQLQJDUQDLQQDQLQVWDOODWLRQRFKDQYËQGQLQJ
'HQQDDSSDUDWPÎVWHLQVWDOOHUDVRFKJDVROIODVNDQ
IąUYDUDVLHQOLJKHWPHGJËOODQGHEHVWËPPHOVHU
%ORFNHUDLQWHYHQWLODWLRQVKÎOHQLF\OLQGHUKXVHW
)O\WWDLQWHDSSDUDWHQQËUGHQËULGULIW
6WËQJDYYHQWLOHQSÎJDVROIODVNDQHOOHUUHJXODWRUQLQQDQ
GXIO\WWDUDSSDUDWHQ
5ąUHWHOOHUGHQIOH[LEODVODQJHQPÎVWHE\WDVLQRPGH
IąUHVNULYQDLQWHUYDOOHUQD
$QYËQGHQGDVWGHQW\SDYJDVRFKGHQW\SDYIODVND
VRPDQJHVDYWLOOYHUNDUHQJDVROIODVNDQVRPDQYËQGV
PHGXWHSODWVYËUPDUHQPÎVWHXSSI\OODIąOMDQGHNUDY.ąS
HQGDVWJDVROIODVNRUPHGGHVVDPÎWWFP
GLDPHWHU[FPKąMGPHGHQNDSDFLWHWSÎKąJVW
NJ
,KËQGHOVHDYNUDIWLJYLQGPÎVWHPDQYDUDVËUVNLOW
XSSPËUNVDPSÎDWWDSSDUDWHQLQÎOODSSDUDWHQ
PLQVWPHWHUIUÎQJDVROIODVNDQ
,QMHNWRUQLGHQQDDSSDUDWËULQWHDYWDJEDURFKLQMHNWRUQ
ËUHQGDVWPRQWHUDGDYWLOOYHUNDUHQ'HWËUIąUEMXGHWDWW
RPYDQGODHWWJDVWU\FNWLOOHWWDQQDW
$QVOXWLQWHJDVROIODVNDQGLUHNWWLOODSSDUDWHQXWDQ
UHJXODWRU$QYËQGHQGDVWGHQW\SDYJDVRFKGHQW\SDY
IODVNDVRPDQJHVLDQYLVQLQJDUQD
(QUHJXODWRUVRPXSSI\OOHU(1RFKGHQ
QDWLRQHOODIąURUGQLQJHQPHGUËWWWU\FNVRPPRWVYDUDU
DSSDUDWHQVNDWHJRUL
$QYËQGUHJXODWRUSÎPEDUIąUEXWDQSURSDQXQGHU
NDWHJRULQ,%3
$QYËQGUHJXODWRUSÎPEDUIąUEXWDQXQGHUNDWHJRULQ
,
$QYËQGUHJXODWRUSÎPEDUIąUSURSDQXQGHUNDWHJRULQ
,
$QYËQGUHJXODWRUSÎPEDUIąUEXWDQSURSDQXQGHU
NDWHJRULQ,%3
'HWUHNRPPHQGHUDVDWWDQYËQGDHQIOH[LEHOVODQJVRPËU
JRGNËQGHQOLJW(1
(QGDVWIąUXWRPKXVEUXNHOOHULYËO
YHQWLOHUDGHXWU\PPHQ
6(
