Instrukcja obsługi AEG-ELECTROLUX EOB998

[. . . ] [. . . ] 6]DQRZQL . OLHQFL 3U]HG SU]\VW SLHQLHP GR SRGá F]HQLD L HNVSORDWDFML XU] G]HQLD SURVLP\ R GRNáDG QH ]DSR]QDQLH VL ] LQVWUXNFM REVáXJL Z NWyUHM SRGDQR ZD QH LQIRUPDFMH GRW\ F] FH EH]SLHF]QHM HNVSORDWDFML LQVWDODFML RUD] NRQVHUZDFML SLHNDUQLND , QVWUXNFM REVáXJL QDOH \ ]DFKRZDü DE\ Z UD]LH NRQLHF]QR FL PyF ] QLHM VNRU]\ VWDü Z WUDNFLH X \ZDQLD SLHNDUQLND : SU]\SDGNX VSU]HGD \ XU] G]HQLD QDOH \ SDPL WDü R SU]HND]DQLX LQVWUXNFML REVáXJL QRZHPX X \WNRZQLNRZL 3URVLP\ R ]ZUyFHQLH XZDJL QD WUyMN W RVWU]HJDZF]\ LOXE Z\UD HQLD Ä8ZDJD´ Ä2VWU]H HQLH´ 6 WR ZVND]yZNL R V]F]HJyOQ\P ]QDF]HQLX GOD EH]SLHF]H VWZD X \WNRZQLND L GOD SUDZLGáRZHJR IXQNFMRQRZDQLD XU] G]HQLD 1DOH \ EH]Z]JO GQLH SU]HVWU]HJDü SRGDQ\FK ZVND]yZHN L RVWU]H H L , QIRUPDFMH RSDWU]RQH W\P ]QDNLHP PDM FKDUDNWHU X]XSHáQLDM F\ L GRW\F] RE VáXJL RUD] SUDNW\F]QHJR X \ZDQLD XU] G]HQLD 7\P ]QDNLHP RSDWU]RQH V UDG\ L ZVND]yZNL GRW\F] FH HNRQRPLF]QHJR X \ZD QLD XU] G]HQLD Z VSRVyE SU]\MD]Q\ GOD URGRZLVND QDWXUDOQHJR , QVWUXNFMD REVáXJL ]DZLHUD ZVND]yZNL GRW\F] FH SRVW SRZDQLD Z SU]\SDGNX Z\VW SLHQLD ]DNáyFH L XVXZDQLD LFK SU]H] X \WNRZQLND Z UR]G]LDOH Ä2EMDZ\ L SU]\F]\Q\ XVWHUHN´ -H HOL QLH E G 3D VWZR Z VWDQLH XVXQ ü ]DNáyFHQLD VDPRG]LHOQLH ZHGáXJ SRGDQ\FK ZVND]yZHN ZWHG\ QDOH \ ]JáRVLü XVWHUN Z DXWRU\]RZDQ\P ]DNáDG]LH VHUZLVRZ\P :6. $=Ï:. , '27<&= &( %(=3, (&=( 67:$ 8U] G]HQLD HOHNWU\F]QH PDUNL (/(& 752/8; VSHáQLDM Z\PRJL PL G]\QD URGRZ\FK SU]HSLVyZ EH]SLHF]H VWZD RUD] QRUP\ WHFKQLF]QH L MDNR FLRZH -HGQDN H ]DEH]SLHF]HQLD Z NWyUH Z\ SRVD RQH MHVW XU] G]HQLH QLH Z\NOX F]DM FDáNRZLFLH ZV]\VWNLFK SRWHQFMDO Q\FK ]DJUR H -DNR SURGXFHQW XU] G]HQLD MHVWH P\ ]RERZL ]DQL GR SU]HGVWDZLHQLD 3D VWZX ZVND]yZHN GRW\F] F\FK EH] SLHF]QHJR X \ZDQLD XU] G]HQLD :VND]yZNL L ]DOHFHQLD SRGDQR ] P\ O R 3D VWZD EH]SLHF]H VWZLH %H]SLHF]H VWZR G]LHFL q 3RGF]DV SUDF\ XU] G]HQLH QDJU]H ZD VL 1LH ZROQR ]H]ZDODü G]LH FLRP QD SU]HE\ZDQLH Z SREOL X Zá F]RQHJR SLHNDUQLND REVáXJL Z\á F]QLH SU]H] RVRE\ GR URVáH 1LH QDOH \ ]H]ZDODü G]LH FLRP QD PDQLSXORZDQLH E G ]D EDZ SU]\ SLHNDUQLNX q 8U] G]HQLH SU]H]QDF]RQH MHVW GR :VND]yZNL GRW\F] FH HNVSORDWDFML q 8U] G]HQLH SU]H]QDF]RQH MHVW Z\ :VND]yZNL GRW\F] FH LQVWDODFML q , QVWDODFM á F]QLH GR SLHF]HQLD SRWUDZ QD X \WHN JRVSRGDUVWZD GRPRZHJR L SRGá F]HQLH GR VLHFL HOHNWU\F]QHM PR H Z\NRQDü Z\ á F]QLH WHFKQLN ] RGSRZLHGQLPL XSUDZQLHQLDPL ]JRGQLH ] RERZL ]XM F\PL SU]HSLVDPL q 3LHNDUQLN q *ZDUDQFMD ]RVWDMH DQXORZDQD Z QDOH \ QDJU]Dü SU]HG SLHUZV]\P Zá F]HQLHP L Z\ZLHWU]\ü SRPLHV]F]HQLH Z NWyU\P ]QDMGXMH VL XU] G]HQLH 1DOH \ ]DSHZQLü SUDZLGáRZ ZHQW\ODFM Z SRPLHV] F]HQLX SU]\SDGNX XV]NRG]HQLD XU] G]HQLD ZVNXWHN QDUXV]HQLD RERZL ]XM F\FK SU]HSLVyZ ZLHQLD Z ]DEXGRZLH PXV] E\ü ]D EXGRZDQH Z V]DINDFK VSHáQLDM F\FK RERZL ]XM FH Z\PRJL q 3RGá F]DM F LQQH XU] G]HQLD HOHN q 8U] G]HQLD SU]H]QDF]RQH GR XVWD WU\F]QH GR JQLD]GND ]DVLODM FHJR Z SREOL X SLHNDUQLND QDOH \ ]ZUyFLü XZDJ DE\ SU]HZyG ]DVLODM F\ QLH GRW\NDá QDJU]DQHM SRZLHU]FKQL L QLH ]RVWDá SU]\WU]D QL W\ GU]ZLF]NDPL SLHNDUQLND FH SLHNDUQLND L JULOOD QLH ZNáDGDü U N GR JRU FHJR SLHNDUQLND 1LHEH]SLHF]H VWZR VL q : SU]\SDGNX Z\VW SLHQLD DZDULL QLH q 1LH GRW\NDü JU]DáHN Z JyUQHM FLDQ ZROQR Zá F]Dü XV]NRG]RQHJR XU] G]HQLD -H OL Z\VW SL ]DNáyFH QLH OXE XV]NRG]HQLH MDNLHJR HOH PHQWX SLHNDUQLND QDOH \ Z\á F]\ü OXE Z\NU FLü EH]SLHF]QLNL VQ\P ]DNUHVLH JG\ PR QD VSR ZRGRZDü VWUDW\ U]HF]RZH MDN UyZ QLH XV]NRG]HQLD FLDáD \ SRZLHU]Dü Z\á F]QLH SHUVRQHOR ZL DXWRU\]RZDQ\FK SODFyZHN VHU ZLVRZ\FK ZVND]DQ\FK SU]H] SUR GXFHQWD RSDU]HQLD q 3RGF]DV Z\MPRZDQLD JRU FHM SR q 8VWHUHN QLH QDOH \ XVXZDü ZH ZáD WUDZ\ ] SLHNDUQLND QDOH \ X \ZDü FLHUHF]NL OXE U NDZLF]NL RFKURQQHM q :V]HONLH QDSUDZ\ XU] G]HQLD QDOH q 'R SLHF]HQLD Z SLHNDUQLNX QDOH \ X \ZDü EODFK E G F\FK QD Z\SR VD HQLX 6WRVXM F LQQH QDF]\QLD OXE IRUHPNL QDOH \ SDPL WDü DE\ E\á\ RQH RGSRUQH QD Z\VRN WHPSHUDWX U 3U]HVWU]HJDü ]DOHFH SURGX FHQWD X \ZDQ\FK QDF]\ URZHJR GU]ZL SLHNDUQLND SRZLQQ\ E\ü ]DPNQL WH :\GRE\ZDM FD VL SDUD PR H XV]NRG]Lü V VLHGQLH PHEOH NXFKHQQH 1DOH \ XQLNDü EH]SR UHGQLHJR NRQWDNWX ] JRU F SDU Z\GRE\ZDM F VL ] SLHNDUQL ND SLHNDUQLN q 6RN RZRFRZ\ VNDSXM F\ ] FLDVWD ] GRGDWNDPL RZRFRZ\PL PR H VSR ZRGRZDü SRMDZLHQLH VL PDWRZ\FK SODP QD SRZLHU]FKQL HPDOLRZDQHM 'ODWHJR GR SLHF]HQLD FLDVWD RZR FRZHJR QDOH \ VWRVRZDü EU\WIDQQ XQLZHUVDOQ SLHF]\ZD OXE LQQ\FK ZLOJRWQ\FK SURGXNWyZ VSR \ZF]\FK ZROQR SU]HFL Dü RWZDUW\FK GU]ZL SLHNDUQLND 1LH ZROQR QD QLFK VLDGDü DQL VWDZDü F]HQLD QDOH \ Z\á F]\ü XU] G]HQLH 3RNU WáD Sá\W\ GR JRWRZDQLD PXV] E\ü XVWDZLRQH Z SR]\FML Ä:\á F]RQ\´ D SLHNDUQLN QDOH \ Z\á F]\ü SU]\FLVNLHP HOHNWURQLF]QHJR VWHURZDQLD SLHNDUQLND Ä:á F]R Q\:\á F]RQ\´ q 3RGF]DV JRWRZDQLD L SLHF]HQLD SD q : SLHNDUQLNX QLH SU]HFKRZ\ZDü q 1LH q 3R ]DNR F]HQLX JRWRZDQLD L SLH q 3R ND G\P X \FLX QDOH \ Z\á F]\ü &]\V]F]HQLH q 3RGF]DV F]\V]F]HQLD SLHNDUQLND QLH ZROQR Zá F]Dü HOHPHQWyZ JU]HMQ\FK q 3R RVW\JQL FLX SLHNDUQLND PR QD 87</, =$&-$ 23$. 2:$1, $ :V]\VWNLH HOHPHQW\ RSDNRZDQLD OL VWZ\ ] GUHZQD EH] REUyENL FKHPLF]QHM IROLD L F] FL ] SLDQNL V SU]\MD]QH GOD URGRZLVND L QDGDM VL GR SRQRZQHJR SU]HWZRU]HQLD ± UHF\NOLQJX L SRZWyUQH JR Z\NRU]\VWDQLD &] FL WH R]QDF]RQR QDVW SXM F\PL V\PERODPL 3( )ROLD ] SROLHW\OHQX ]HZQ WU]QH RSDNRZDQLH ZRUHF]HN ] Z\SRVD H QLHP 36 &] FL ] SLDQNL SROLVW\URORZHM &] FL RSDNRZDQLD RUD] VWDUH XU] G]HQLH QDOH \ XVXQ ü ]JRGQLH ] RER ZL ]XM F\PL SU]HSLVDPL 3U]HVWU]HJDü SU]HSLVyZ RJyOQ\FK L ORNDOQ\FK Z ]DNUHVLH XW\OL]DFML XU] G]H JRVSRGDUVWZD GRPRZHJR L RSD NRZDQLD RUD] RGSRZLHGQLHJR R]QD F]HQLD HOHPHQWyZ VNáDGRZ\FK VRUWR ZDQLH PDWHULDáX ]ELyUND VXURZFyZ ZWyUQ\FK EH]SLHF]QLH GRW\NDü HOHPHQW\ ZH ZQ WU]QH EH] ]DJUR HQLD RSDU]H QLD q 3LHNDUQLN QDOH \ XWU]\P\ZDü Z F]\VWR FL 3ODP\ L RGSU\VNL ] WáXV] F]X SRZRGXM SRGF]DV QDJU]HZD QLD SRZVWDZDQLH QLHSU]\MHPQHJR ]DSDFKX NRQWURORZDü F]\VWR ü XV]F]HOHN GU]ZL SLHNDUQLND q 5HJXODUQLH q =H Z]JO GyZ EH]SLHF]H VWZD QLH ZROQR X \ZDü GR F]\V]F]HQLD SLH NDUQLND Z\VRNRFL QLHQLRZ\FK XU] G]H F]\V]F] F\FK -DN XQLNDü XV]NRG]H XU] G]HQLD q 1LH VWRVRZDü SLHNDUQLND GR RJU]H L ZDQLD SRPLHV]F]HQLD q 1D VSRG]LH SLHNDUQLND QLH ZROQR XPLHV]F]Dü IROLL DOXPLQLRZHM XVWD ZLDü JDUQNyZ L QDF]\ GR SLHF]HQLD OXE EU\WIDQQ\ JG\ NXPXODFMD FLH SáD PR H VSRZRGRZDü XV]NRG]H QLH SRZáRNL XU] G]HQLD :VND]yZND GRW\F] FD XW\OL]DFML 8U] G]HQLD QLH ZROQR XVXZDü UD]HP ] RGSDGDPL ] JRVSRGDUVWZD GRPRZHJR 8 ZáDG] ORNDOQ\FK PR QD ]DVL JQ ü LQIRUPDFML R PLHMVFX ]ELyUNL XU] G]H SU]H]QDF]RQ\FK GR XW\OL]DFML ]JRGQLH ] RERZL ]XM F\PL SU]HSLVDPL R RFKUR QLH URGRZLVND 2675=( (1, ( 6WDUH XU] G]HQLD QDOH \ SU]HG RG VWDZLHQLHP XQLHUXFKRPLü SRSU]H] RGFL FLH SU]HZRGX ]DVLODM FHJR 23, 6 3, (. $51, . $ 2*Ï/1< :, '2. 85= '=(1, $ = 35=2'8 5\V 3DQHO ] HOHPHQWDPL VWHUXM F\PL L HOHNWURQLF]Q\P VWHURZDQLHP SLHNDUQLND 8FKZ\W GU]ZL SLHNDUQLND 'U]ZL SLHNDUQLND ] SHáQ V]\E SU]HGQL 3$1(/ 67(58- &< 5\V 3U]\FLVNL :á F]RQ\ 21 :\á F]RQ\ 2)) %ORNDGD SDQHOX VWHURZDQLD 7HUPRVRQGD )XQNFMH SLHNDUQLND GOD WHPSHUDWXU\ RUD] XVWDZLH QLD F]DVX &]DV SLHF]HQLD . RQLHF F]DVX SLHF]HQLD 0LQXWQLNDODUP $NWXDOQ\ F]DV 3RMHPQLN QD ZRG (/(0(17< 5\V $ % & 3URZDGQLFH EODFK *U]DáND JULOOD R PDáHM SR ZLHU]FKQL RSLHNDQLD *yUQD JU]DáND * + . 2WZyU GR ZHQW\ODFML SLHNDUQL ND *QLD]GR GOD WHUPRVRQG\ *HQHUDWRU SDU\ 3U]\NU\ZND 3R]LRP\ ZVXZDQLD EODFK %& *ULOO R GX HM SRZLHU]FKQL '( 2 ZLHWOHQLH ZHZQ WU]QH ) )LOWU WáXV]F]RZ\ $. &(625, $ 2SUyF] DNFHVRULyZ GRVWDUF]RQ\FK ZUD] ] XU] G]HQLHP PR QD X \ZDü LQQ\FK QDF]\ 1DOH \ ]ZUyFLü XZDJ F]\ V RGSRUQH QD Z\VRN WHPSHUDWX U L F]\ PR QD LFK X \ZDü Z SLHNDUQL NX HOHNWU\F]Q\P 3LHNDUQLN MHVW Z\SRVD RQ\ Z WDFH GR SLHF]HQLD UXV]W\ ILOWU WáXV]F]RZ\ WHUPRVRQGD 32=, 20< :68:$1, $ %/$&+ 352:$'1, &( 3LHNDUQLN SRVLDGD SR GZLH SURZDGQLFH QD SL FLX Z\VRNR FLDFK QD NWyU\FK PR QD ZVXZDü L Z\VXZDü EODFK\ GR SLHF]HQLD 6 RQH R]QDF]RQH Z WDEHODFK L QD U\ VXQNDFK F\IUDPL RG GROQD SURZDGQLFD GR JyUQD SURZDGQLFD %RF]QH ]DJá ELHQLD QD HOH PHQWDFK Z\SRVD HQLD ]DWU]\PXM VL Z SR]\FML 6723 QD SRV]F]HJyOQ\FK SR]LRPDFK %ODFK OXE UXV]W QDOH \ ZVXZDü SR PL G]\ SRGZyMQH SURZDGQLFH JG\ ZWHG\ Z\SRVD HQLH MHVW Z VWDELOQHM SR]\FML L QLH PD ]DJUR HQLD H Z\SDG QLH SRGF]DV ZVXZDQLD L Z\MPRZDQLD L 5\V 5\V ), /75 7à86=&=2:< . UDWND ] PDá\PL RF]NDPL ]H VWDOL QLH UG]HZQHM SU]HG ZHQW\ODWRUHP FKURQL JU]DáN Z W\OQHM FLDQFH SLHNDUQLND SU]HG ]DEUXG]HQLHP 3RGF]DV ZV]\VWNLFK IXQNFML SLH F]HQLD PL VD QDOH \ ]DZLHVLü ILOWU WáXV]F]RZ\ 3U]HG SU]\VW SLHQLHP GR SLHF]HQLD FLDVWD QDOH \ ]GM ü ILOWU WáXV]F]RZ\ FR VSU]\MD LQWHQV\ZQLHMV]HPX UR]SURZD G]DQLX FLHSáD L VNUyFHQLX F]DVX SLH F]HQLD L 35=(' 3, (5:6=<0 :à &=(1, (0 867$:, (1, ( $. 78$/1(*2'=, 1< 3R SRGá F]HQLX XU] G]HQLD GR ]DVLOD QLD OXE SR SU]HUZLH Z GRSá\ZLH SU GX QD Z\ ZLHWODF]X SXOVXMH SU]H] RN VHNXQG R]QDF]HQLH :FLVQ ü SU]\FLVN &\IU\ SR]RVWDQ QD Z\ ZLHWODF]X SR PL G]\ QLPL SXOVXMH R]QDF]HQLH 8VWDZLü DNWXDOQ JRG]LQ ZFLVNDM F SU]\FLVN OXE 8VWDZLHQLD DNWXDOQHM JRG]LQ\ QD OH \ GRNRQDü Z FL JX VHNXQG : LQQ\P SU]\SDGNX QDOH \ ZFLVQ ü SU]\ FLVN SRQRZQLH 3R XSá\ZLH VHNXQG SXOVXM FH R]QD F]HQLH ]JD QLH $NWXDOQD JRG]LQD ]R VWDáD XVWDZLRQD L 5\V $E\ ]PLHQLü JRG]LQ QS ]PLDQD F]D VX OHWQLHJR QD ]LPRZ\ QDOH \ Z\NR QDü RSLVDQH Z\ HM F]\QQR FL ZFLVQ ü SU]\FLVN L ]PLHQLü F]DV SU]\FLVNDPL L ND 1LH XVXZDü WDEOLF]NL ]QDPLRQR ZHM 3, (5:6=( 80<&, ( 3U]HG SLHUZV]\P Zá F]HQLHP XU] G]HQLD QDOH \ MH VWDUDQQLH XP\ü DE\ XVXQ ü SR]RVWDáR FL SR SURFHVLH SURGXNF\MQ\P 1DOH \ XVXQ ü QDNOHMNL L IROL RFKURQQ ] SDQHOX VWHUXM FHJR L GU]ZL SLHNDUQL 5\V q 3LHNDUQLN SDQHO VWHUXM F\ L GU]ZL SLHNDUQLND QDOH \ XP\ü FLHSá ZR G ] GRGDWNLHP URGND GR P\FLD D QDVW SQLH Z\WU]Hü GR VXFKD P\FLD PR QD Zá F]\ü R ZLHWOHQLH SLHNDUQLND : W\P FHOX QDOH \ Z\NRQDü QDVW SXM FH F]\Q QR FL 3, (5:6=( 1$*5=(:$1, ( 3U]HG SU]\VW SLHQLHP GR SLHUZV]HJR SLHF]HQLD QDOH \ QDM SLHUZ QDJU]Dü SXVW\ SLHNDUQLN L SD PL WDü R ]DSHZQLHQLX RGSRZLHGQLHM ZHQW\ODFML Z SRPLHV]F]HQLX Z NWy U\P ]QDMGXMH VL XU] G]HQLH q :\SRVD HQLH Z\M ü L XP\ü q 3RGF]DV q 1DFLVQ ü SU]\FLVN 212)) :á F]RQ\:\á F]RQ\ 5\V 1DFLVQ ü SU]\FLVN 212)) :á F]RQ\:\á F]RQ\ :\EUDü IXQNFM QDJU]HZDQLD JyU Q GROQ JU]DáN ZFLVNDM F NLOND NURWQLH SU]\FLVN 8VWDZLü WHPSHUDWXU & ]D SR PRF SU]\FLVNX 3XVW\ L ]DPNQL W\ SLHNDUQLN QDOH \ SR ]RVWDZLü Zá F]RQ\ QD RN PLQXW (. 63/2$7$&-$ 3, (. $51, . $ (/(. 7521, &=1, ( 67(52:$1( )81. &-( 3, (. $51, . $ 5\V 3RG ZLHWODQH V\PEROH 6HUZLV %ORNDGD SDQHOX VWHURZDQLD )XQNFMH SLHNDUQLND 7HPSHUDWXUD SLHNDUQLND )D]D SRGJU]HZDQLD 7HUPRVRQGD ]DEORNRZDQD 7HUPRVRQGD &]DV SLHF]HQLD . RQLHF F]DVX SLHF]HQLD 0LQXWQLN &=$6 867$:, $1, $ 6(. 81'< 3R Zá F]HQLX XU] G]HQLD OXE SR ]PLD QLH XVWDZLH NROHMQH ZFL QL FLH SU]\FL VNX PXVL QDVW SLü Z FL JX VHNXQG (OHNWURQLF]QH VWHURZDQLH LQIRUPXMH R W\P SRMHG\QF]\P V\JQDáHP DNXVW\F] Q\P : ]DOH QR FL RG ZDUWR FL XVWDZLRQHM WHPSHUDWXU\ SLHNDUQLN ]RVWDMH DXWR PDW\F]QLH Z\á F]RQ\ q SU]\ q SU]\ XVWDZLHQLX WHPSHUDWXU\ GR R& SR XSá\ZLH JRG]LQ XVWDZLHQLX WHPSHUDWXU\ GR R& SR XSá\ZLH JRG]LQ :<à &=1, . (0$/, 2:$1< (PDOLRZDQ SRZLHU]FKQL SLHNDUQLND QDOH \ P\ü UHJXODUQLH Z OHWQLP OXE ]LPQ\P VWDQLH DE\ ]DSRELHF SRQRZ 5\V 5\V 352:$'1, &( %/$&+ 3URZDGQLFH PR QD ]GM ü GR F]\V]F]H QLD ZQ WU]D SLHNDUQLND :\MPRZDQLH RGNU FLü QDNU WNL QDFL VQ ü SURZDGQLFH GR W\áX L MHGQRF]H QLH Z\M ü ] RWZRUyZ Z ERF]QHM FLDQFH SU]HVXZDM F Z NLHUXQNX ZQ WU]D SLH NDUQLND :NáDGDQLH ZáR \ü SURZDGQLFH QDM SLHUZ Z W\OQHM F] FL XPRFRZDü ] SU]RGX L SU]\NU FLü GRNáDGQLH QDNU WNL *(1(5$725 3$5< -H HOL SLHNDUQLN QLH E\á X \ZDQ\ SU]H] GáX V]\ F]DV QDOH \ RSáXNDü ZRG SR MHPQLN QD ZRG UXUNL SRGá F]HQLRZH L JHQHUDWRU SDU\ -H HOL WR NRQLHF]QH RF]\ FLü UR]WZRUHP RFWX 8P\ü L Z\ VXV]\ü :<326$ (1, ( 3, (. $51, . $ %ODFK\ GR SLHF]HQLD L EU\WIDQQ\ QDOH \ P\ü FLHSá ZRG ] GRGDWNLHP áDJRG QHJR URGND GR P\FLD 6LOQH ]DEUX G]HQLD QDOH \ QDMSLHUZ RGPRF]\ü 7H HOHPHQW\ Z\SRVD HQLD QLH QDGDM VL GR P\FLD Z ]P\ZDUFH 5XV]W\ L SURZDGQLFH SLHNDUQLND XP\ü Z UR]WZRU]H FLHSáHM ZRG\ ]H URGNLHP F]\V]F] F\P OXE Z ]P\ZDUFH 3$1(/ 67(58- &< , '5=:, 3, (. $51, . $ =ZUDFDü V]F]HJyOQ XZDJ QD XWU]\PDQLH Z F]\VWR FL XV]F]HOHN QD GU]ZLDFK L UDPLH GU]ZL 3DQHO VWHUXM F\ L GU]ZL SLHNDUQLND QD OH \ P\ü FLHSá ZRG ] GRGDWNLHP URGND GR P\FLD SRZLHU]FKQL V]NOD Q\FK D QDVW SQLH Z\WU]Hü GR VXFKD 'R P\FLD ZHZQ WU]QHM F] FL GU]ZL SLHNDUQLND QDOH \ VWRVRZDü Z\á F]QLH UR]WZyU ZRG\ ] GRGDWNLHP áDJRGQHJR URGND GR P\FLD 1LH X \ZDü DJUHV\ZQ\FK FLHUQ\FK OXE V]RUXM F\FK URGNyZ GR P\FLD JG\ PR QD XV]NRG]Lü SRZáRNL SLHNDU QLND ), /75 7à86=&=2:< )LOWU WáXV]F]RZ\ QDOH \ P\ü SR ND G\P X \FLX PL NN V]F]RWN Z JRU FHM ZR G]LH ] GRGDWNLHP URGND GR P\FLD OXE Z ]P\ZDUFH : SU]\SDGNX VLOQ\FK ]D EUXG]H QDOH \ QDPRF]\ü Z JRU F\P UR]WZRU]H L SR]RVWDZLü QD SHZLHQ F]DV GR RGPRF]HQLD 3RGF]DV F]\V]F]HQLD SU]\ RWZDUW\FK GU]ZLDFK QDOH \ ]ZUyFLü XZDJ DE\ GU]ZL SUDZLGáRZR RSLHUDá\ VL QD ]D ZLDVLH 5\V 3RZLHU]FKQL ]H VWDOL V]ODFKHWQHM RG VWURQ\ F]RáRZHM ]DOHFDP\ UHJXODUQLH F]\ FLü L NRQVHUZRZDü VSHFMDOQ\PL URGNDPL GR F]\V]F]HQLD VWDOL V]OD FKHWQHM 3U]HVWU]HJDü ZVND]yZHN GRW\F] F\FK ]DVWRVRZDQLD URGNyZ GR F]\V]F]HQLD L SLHO JQDFML 1LH ZROQR VWRVRZDü URG NyZ V]RUXM F\FK L SRZRGXM F\FK ]DU\ VRZDQLD 0L NN V]PDWN QDV F]\ü URGNLHP GR F]\V]F]HQLD L SU]HWU]Hü D QDVW SQLH XP\ü SRZLHU]FKQL ZRG L Z\WU]Hü GR VXFKD F]\VW V]PDWN 5\V 85= '=(1, $ = 32:, (5=&+1, =(:1 75=1 =( 67$/, 6=/$&+(71(3RGF]DV P\FLD SRZLHU]FKQL ]H VWDOL V]ODFKHWQHM QDOH \ SDPL WDü H QLH ZROQR P\ü Z NLHUXQNX QLH ]JRGQ\P ]H VWUXNWXU SRZLHU]FKQL VWDOL V]ODFKHWQHM ZLGRF]QH V GHOL NDWQH SR]LRPH OLQLH 2 :, (7/(1, ( 3, (. $51, . $ :<0, $1$ $5Ï:. , 3U]HG SU]\VW SLHQLHP GR Z\ PLDQ\ DUyZNL Z SLHNDUQLNX QDOH \ RGá F]\ü XU] G]HQLH RG UyGáD ]DVL ODQLD HOHNWU\F]QHJR Z\á F]DM F OXE Z\NU FDM F EH]SLHF]QLNL 8V]NRG]RQ DUyZN X \WNRZQLN PR H Z\PLHQLü VDPRG]LHOQLH 6WRVRZDü DUyZNL RGSRUQH QD Z\VRN WHPSHUDWXU R& R SDUDPHWUDFK : 9 ( DUyZNL PR QD ]DPyZLü L QDE\ü Z VNOHSDFK OXE DXWRU\]RZDQ\FK ]DNáD GDFK VHUZLVRZ\FK 2NU JáD DUyZND Z W\OQHM SLHNDUQLND DUyZN FLDQFH q 2GNU FLü RVáRQ V]NODQ L Z\PLHQLü q 3RQRZQLH ]DNU FLü RVáRQ V]NODQ 3URVWRN WQD DUyZND Z OHZHM FLDQ FH ERF]QHM q =GM ü OHZ SURZDGQLF q =GM ü ] XFKZ\WX RVáRQ V]NODQ ]D SRPRF V]HURNLHJR UXERNU WD OXE RGSRZLHGQLHJR QR D V]NODQ SRQRZQLH ]DPRFR ZDü Z XFKZ\FLH q :\PLHQLü DUyZN 5\V q 2VáRQ 352%/(0< 32'&=$6 3, (&=(1, $ 352%/(0 &LDVWR OXE SLHF]H QLH Z]QRVL VL SUDZLGáRZR &LDVWR OXE PL VR MHVW ]E\W MDVQH 02 /, :$ 35=<&=<1$ =RVWDáD XVWDZLRQD QLHZáD FLZD WHPSHUDWXUD =RVWDáD XVWDZLRQD ]D QL VND WHPSHUDWXUD 0DWHULDá ] NWyUHJR Z\NR QDQR IRUHPN MHVW QLHRG SRZLHGQL &LDVWR OXE PL VR MHVW ]E\W FLHPQH =RVWDáD XVWDZLRQD ]D Z\ VRND WHPSHUDWXUD 52=:, =$1, ( 6SUDZG]Lü XVWDZLRQ WHPSH UDWXU ] GDQ\PL Z WDEHOL 3RGZ\ V]\ü XVWDZLHQLH WHPSH UDWXU\ VSUDZG]Lü F]DV SLHF]H QLD HZHQW VNUyFLü F]DV 3U]\ SLHF]HQLX ] QDJU]HZDQLHP JyUQ L GROQ JU]DáN VWRVRZDü Z\á F]QLH FLHPQH IRUHPNL GR SLHF]HQLD 6SUDZG]Lü XVWDZLRQ WHPSH UDWXU ] GDQ\PL Z WDEHOL Z ]D OH QR FL RG SRWU]HE\ REQL \ü WHPSHUDWXU L Z\GáX \ü F]DV SLHF]HQLD 6SUDZG]Lü XVWDZLRQ WHPSH UDWXU ] GDQ\PL Z WDEHOL Z ]D OH QR FL RG SRWU]HE\ SRGZ\ V]\ü WHPSHUDWXU L VNUyFLü F]DV SLHF]HQLD 8VWDZLü GROQ ZDUWR ü WHPSH UDWXU\ SRGDQ Z WDEHOL 3U]\JRWRZDü FLDVWR ] PQLHMV] LOR FL Sá\QX &LDVWR MHVW ]D VXFKH &]DV WUZDQLD SLHF]HQLD MHVW ]D GáXJL ZVNXWHN XVWDZLHQLD ]D QLVNLHM WHP SHUDWXU\ :VNXWHN XVWDZLHQLD ]D Z\VRNLHM WHPSHUDWXU\ Z FLH FLH SR]RVWDáR ]E\W GX R ZLOJRFL =D GX R Sá\QX Z FLH FLH &LDVWR MHVW ]D ZLOJRWQH =$. àÏ&(1, $ : )81. &-212:$1, 8 3, (. $51, . $ 352%/(0 3LHNDUQLN QLH G]LDáD 2 ZLHWOHQLH SLHNDUQLND QLH G]LDáD 3RPLPR XVWDZLHQLD IXQNFML L WHPSHUDWXU\ SLHNDUQLN QLH QDJU]HZD VL 7HUPRVRQGD QLH G]LDáD 02 /, :$ 35=<&=<1$ =DNáyFHQLD Z LQVWDODFML HOHNWU\F]QHM DUyZND MHVW XV]NRG]RQD 52=:, =$1, ( 6SUDZG]Lü EH]SLHF]QLNL :\PLHQLü DUyZN SDWU] UR] G]LDá Ä:\PLDQD DUyZNL´ =RVWDá XVWDZLRQ\ DXWRPD 6NDVRZDü DXWRPDW\F]QH XVWD W\F]Q\ SURJUDP ] RSy QLR ZLHQLD ]PLHQLü XVWDZLHQLH Q\P F]DVHP UR]SRF] FLD 1LHZáD FLZLH ZáR RQR WHU PRVRQG GR JQLD]GD SLH NDUQLND OXE MHVW XV]NR G]RQD :\VW SLáR XV]NRG]HQLH Z\ ZLHWORQ\ NRG XVWHUNL 6SUDZG]Lü SRGá F]HQLH WHUPR VRQG\ 3RG ZLHWORQ\ V\PERO VHUZLVX 6NRQWDNWRZDü VL ] DXWRU\]R ZDQ\P VHUZLVHP SRGDM F NRG Eá GX 1D Z\ ZLHWODF]X ]HJDUD :\VW SLáD SU]HUZD Z GR 8VWDZLü DNWXDOQ JRG]LQ SXOVXMH R]QDF]HQLH Sá\ZLH HQHUJLL HOHNWU\F]QHM ]JRGQLH ]H ZVND]yZNDPL Z LQVWUXNFML REVáXJL 1LH ZROQR Zá F]Dü XV]NRG]RQHJR XU] G]HQLD : SU]\SDGNX DZDULL OXE XV]NRG]HQLD QDOH \ Z\á F]\ü OXE Z\NU FLü EH]SLHF]QLNL 8 \WNRZQLNRZL QLH ZROQR Z\NRQ\ZDü DGQ\FK QDSUDZ SRQLHZD SUDFH Z\NRQDQH Z VSRVyE QLH IDFKRZ\ PRJ VSRZRGRZDü VWUDW\ U]HF]RZH L V QLHEH]SLHF]QH GOD X \WNRZQL ND : SU]\SDGNX NRQLHF]QR FL Z\PLDQ\ XV]NRG]RQHM F] FL QDOH \ VWRVRZDü RU\JLQDOQH F] FL ]DPLHQQH -H OL SR Z\NRQDQLX F]\QQR FL VSUDZG]DM F\FK ZHGáXJ ZVND]yZHN SRGDQ\FK Z SRZ\ V]HM WDEHOL QLH XVXQ 3D VWZR XVWHUNL DZDUL QDOH \ ]JáRVLü Z DXWRU\]RZDQ\P ]DNáDG]LH VHUZLVRZ\P , 167$/$&-$ 8U] G]HQLH PR H SRGá F]\ü Z\á F]QLH LQVWDODWRU ] RGSRZLHGQLPL XSUDZQLHQLDPL 3RGá F]HQLH QDOH \ SRWZLHUG]Lü Z SR ZLDGF]HQLX LQVWDODWRUD ]DPLHV] F]RQ\P Z SRGUR]G]LDOH Ä7DEOLF]ND ]QDPLRQRZD´ Z GDOV]HM F] FL LQ VWUXNFML 3RWZLHUG]HQLH QDOH \ GRá F]\ü GR NDUW\ JZDUDQF\MQHM 3U]HG SU]\VW SLHQLHP GR PRQWD X Z ]DEXGRZLH L QDSUDZ VHUZLVRZ\FK XU] G]HQLH QDOH \ RGá F]\ü RG VLHFL ]DVLODM FHM Z\á F]\ü OXE Z\NU FLü EH] SLHF]QLNL 1DOH \ SU]HVWU]HJDü ]DOHFH SU]HZL G]LDQ\FK GOD XU] G]H HOHNWU\F]Q\FK SU]HSLVyZ ]DNáDGX HQHUJHW\F]QHJR L GDQ\FK ]DZDUW\FK Z LQVWUXNFML LQVWDOD FML 867$:, (1, ( : =$%8'2:, ( :V]\VWNLH F]\QQR FL ]ZL ]DQH ] LQVWDODFM XU] G]HQLD QDOH \ Z\ NRQDü FL OH ZHGáXJ RERZL ]XM F\FK SU]HSLVyZ EH]SLHF]H VWZD L LQQ\FK RERZL ]XM F\FK QRUP :V]HONLH SUDFH LQVWDODF\MQH PRJ Z\NRQ\ZDü Z\á F]QLH RVRE\ ] RG SRZLHGQLPL NZDOLILNDFMDPL : FHOX ]DSHZQLHQLD EH]DZDU\MQHM SUD F\ XU] G]HQLD QDOH \ ]DPRQWRZDü MH Z PHEODFK GR ]DEXGRZ\ R RGSRZLHGQLFK Z\PLDUDFK 1DOH \ ]DSHZQLü RFKURQ SU]HG GR WNQL FLHP F] FL HOHNWU\F]Q\FK SRG QDSL FLHP OXE L]RODFML SRSU]H] SUDZL GáRZ ]DEXGRZ XU] G]HQLD ZHGáXJ Z\PRJyZ RERZL ]XM F\FK SU]HSLVyZ =JRGQLH ] RERZL ]XM F\PL SU]HSLVDPL ZV]\VWNLH HOHPHQW\ ]DEH]SLHF]DM FH SU]HG GRWNQL FLHP SU]HZRGyZ SRG QDSL FLHP L F] FL L]RODF\MQ\FK PXV] E\ü Z WDNL VSRVyE ]DPRFRZDQH DE\ QLH PR QD E\áR LFK ]GHPRQWRZDü EH] X \FLD QDU] G]L UyZQLH SU]\ UR]ZL ]DQLDFK ]DEXGRZ\ RGGDORQ\FK RG FLDQ\ 6]DINL GR ]DEXGRZ\ PXV] VWDü UyZQR L VWDELOQLH : UD]LH NRQLHF]QR FL QDOH \ MH ]DPRFRZDü :\PLDU\ V]DINL GR ]DEXGRZ\ 2WZRU\ Z V]DIFH PXV] RGSRZLDGDü RNUH ORQ\P Z\PLDURP 1D V]NLFX SRGDQR Z\PDJDQH Z\PLDU\ 5\V $ XU] G]HQLH 1 QLV]D 5\V 0HEOH GR ]DEXGRZ\ PXV] E\ü Z\NR QDQH ] RNáDG]LQ\ ] WZRU]\ZD V]WXF] QHJR OXE IRUQLUX D ]DVWRVRZDQ\ NOHM PXVL E\ü RGSRUQ\ QD WHPSHUDWXU R& 1LHRGSRZLHGQLD RNáDG]LQD ] WZRU]\ZD V]WXF]QHJR L NOHM QLHRGSRUQ\ QD Z\VR N WHPSHUDWXU VSRZRGXM GHIRUPDFM RNáDG]LQ\ : SU]\SDGNX Z WSOLZR FL QDOH \ ]ZUy FLü VL ] ]DS\WDQLHP GR SURGXFHQWD PHEOL 3U]HG Zá F]HQLHP XU] G]HQLD QDOH \ ]GM ü IROL RFKURQQ 5\V 'RW\F]\ WR UyZQLH W\OQHM FLDQNL XU] G]HQLD 1LH PR H RQD E\ü GRVW SQD 8U] G]HQLH QDOH \ GR NODV\ < Z ]DNUH VLH RFKURQ\ SU]HG SU]HJU]DQLHP 2]QDF]D WR H XU] G]HQLH PR H E\ü XVWDZLRQH F] FL W\OQ OXE FLDQN ERF]Q GR FLDQ\ SRPLHV]F]HQLD R GRZROQHM Z\VRNR FL OXE PHEOL D GUXJ FLDQN GR LQQHJR XU] G]HQLD OXE V]DINL R WDNLHM VDPHM Z\VRNR FL MDN XU] G]HQLH 32'à &=(1, ( '2 , 167$/$&-, (/(. 75<&=1(8U] G]HQLH PR H SRGá F]\ü GR LQVWD ODFML HOHNWU\F]QHM Z\á F]QLH WHFKQLN ] RGSRZLHGQLPL XSUDZQLHQLDPL , QVWDOD FMD PXVL ]RVWDü Z\NRQDQD ]JRGQLH ] RERZL ]XM F\PL SU]HSLVDPL EH]SLH F]H VWZD L Z\PRJDPL ]DNáDGX HQHU JHW\F]QHJR : ]DOH QR FL RG QDSL FLD Z LQVWDODFML XU] G]HQLH QDOH \ SRGá F]\ü ]JRGQLH ]H VFKHPDWHP SRGá F]HQLRZ\P : UD]LH NRQLHF]QR FL QDOH \ SU]HáR \ü PRVWNL OLVWZ\ ]DFLVNRZHM 3U]HG SRGá F]HQLHP GR LQVWDODFML HOHNWU\F]QHM QD OH \ VSUDZG]Lü F]\ GDQH QD WDEOLF]FH ]QDPLRQRZHM RGSRZLDGDM SDUDPH WURP HOHNWU\F]Q\P LQVWDODFML GRPRZHM 7DEOLF]ND ]QDPLRQRZD ]QDMGXMH VL QD UDPLH SLHNDUQLND SR OHZHM VWURQLH X GRáX L MHVW ZLGRF]QD SR RWZRU]HQLX GU]ZLF]HN SLHNDUQLND 1DSL FLH JU]DáHN Z\QRVL 9 5yZ QLH Z VWDU\FK LQVWDODFMDFK HOHNWU\F] Q\FK 9 XU] G]HQLH IXQNFMRQXMH SUDZLGáRZR 3LHNDUQLN QDOH \ SRGá F]\ü GR LQVWDODFML HOHNWU\F]QHM L ]DPRQWRZDü SRPL G]\ XU] G]HQLHP L LQVWDODFM VLHFLRZ ZLHOR ELHJXQRZ\ Z\á F]QLN QS ]DEH]SLHF]H QLH SU]Há F]QLN /6 Z\á F]QLN ),  ] UR] ZDUFLHP VW\NyZ PLQLPXP PP 3U]HZyG ]DVLODM F\ PXVL E\ü W\SX +99) OXE R ZL NV]HM ZDUWR FL . OHPD SRGá F]HQLRZD ]QDMGXMH VL QD W\OQHM FLDQFH XU] G]HQLD ]D RVáRQ 3U]HZyG X]LHPLDM F\ SRá F]RQ\ MHVW ] NOHP : UD]LH NRQLHF]QR FL PRVWNL QD OLVWZLH ]DFLVNRZHM QDOH \ RGSRZLHGQLR SU]HáR \ü '$1( 7(&+1, &=1( :\PLDU\ ]HZQ WU]QH XU] G]HQLD 6]HURNR :\VRNR *á ERNR *á ERNR ü ü ü ü SU]\ RWZDUW\FK GU]ZLDFK FP FP FP FP FP FP FP O NJ : : : : : : : :\PLDU\ ZHZQ WU]QH SLHNDUQLND 6]HURNR ü :\VRNR ü *á ERNR ü 3RMHPQR ü à F]QD ZDJD QHWWR 3REyU PRF\ *yUQD JU]DáND 'ROQD JU]DáND *U]DáND Z W\OQHM FLDQFH WHUPRRELHJ *ULOO ] GX SRZLHU]FKQL RSLHNDQLD *ULOO 785%2 )XQNFMD GR SLHF]HQLD SL]]\ *HQHUDWRU SDU\ 7$%/, &=. $ =1$0, 212:$ 1D SRGDQ\P SRQL HM Z]RU]H WDEOLF]NL ]QDPLRQRZHM QDOH \ QDQLH ü PRGHO QXPHU SURGXNWX L QXPHU VHU\MQ\ 3D VWZD XU] G]HQLD 'DQH WH E G SR WU]HEQH SU]\ q ]JáRV]HQLDFK q ]DPyZLHQLDFK F] q ]DS\WDQLDFK Z ]DNUHVLH SUREOHPyZ OXE Z\SRVD HQLD WHFKQLF]Q\FK FL ]DPLHQQ\FK Z DXWRU\]RZDQ\FK ]DNáDGDFK VHUZLVRZ\FK 7DEOLF]ND ]QDPLRQRZD ]QDMGXMH VL QD UDPLH SLHNDUQLND SR SUDZHM VWURQLH X GRáX L MHVW ZLGRF]QD SR RWZRU]HQLX GU]ZL SLHNDUQLND 5\V 3R ZLDGF]HQLH LQVWDODWRUD Z\NRQXM FHJR SRGá F]HQLH XU] G]HQLD 8U] G]HQLH ]RVWDáR SRGá F]RQH ]JRGQLH ] RERZL ]XM F\PL SU]HSLVDPL GDWD L PLHMVFRZR ü 1D]ZD ILUP\ L QD]ZLVNR PRQWHUD 3RGSLV 3URGXFHQW QLH SRQRVL RGSRZLHG]LDOQR FL ]D V]NRG\ VSRZRGRZDQH ZVNXWHN QLHSU]HVWU]HJDQLD RERZL ]XM F\FK SU]HSLVyZ EH]SLHF]H VWZD 3URGXFHQW ]DVWU]HJD VRELH SUDZR ZSURZDG]DQLD ]PLDQ WHFKQLF]Q\FK 3, (&=(1, ( 0, 6$ , &, $67$ 7$%(/( 3RGDQH Z WDEHODFK ZDUWR FL F]DVX SLHF]HQLD PDM FKDUDNWHU MHG\QLH RULHQWDF\MQ\ L PRJ VL ]PLHQLDü Z ]DOH QR FL RG UR]PLDUX L LOR FL SURGXNWX *272:$1, ( 3$52:( 5LVRWWR 5\ =LHPQLDNL Z PXQGXUNDFK =LHPQLDNL VRORQH . LV]RQD NDSXVWD 5DWDWRXLOOH %UXNVHOND . DODILRU FDáD JáyZND 3RPLGRU\ 6HOHU NDODUHSD 0DUFKHZ *RWRZDQH L ]DPUR RQH ZDU]\ZD . LHáEDVNL )LOHW\ U\EQH )XQNFMD SLHNDUQLND &]DV Z PLQXWDFK 3R]LRP 3, (&=(1, ( 3$52:( 3LHF]H ZLHSU]RZD NJ 3LHF]H ZRáRZD NJ 3LHF]H FLHO FD NJ . XUF]DN NJ . DF]ND NJ * NJ 6XIOHW ]LHPQLDF]DQ\ 6XIOHW PDNDURQRZ\ /DVDJQH &KOHE JU %XáHF]NL JU )XQNFMD SLHNDUQLND 7HPSHUDWXUD & & & & & & & & & && && &]DV Z PLQXWDFK 3R]LRP 7HPSHUDWXUD ZHZQ WU] SRUFML PL VD ZDKD VL SU]Há F]HQLHP VL QD JRWRZDQLH SDURZH 7(5022%, (* 25$= *272:$1, ( 3$52:( 3LHF]H ZRáRZD NJ %UXNVHOND 3LHF]H ZLHSU]RZD NJ =LHPQLDNL ZDU]\ZD 3LHF]H FLHO FD NJ 5\ ZDU]\ZD . XUF]DN NJ =LHPQLDNL SRPLGRU\ )XQNFMD 7HPS SLHNDUQLND Z & Z JUDQLFDFK & SU]HG 3R]LRP &]DV )XQNFMD &]DV SLHF]HQLD SLHF]HQLD SLHNDUQLND GOD PL VD PL VD L ZDU]\Z Z PLQ Z PLQ *yUQD L GROQD JU]DáND )81. &-$ 3, (. $51, . $ 7HUPRRELHJ +$ +$ +$ 3, (&=(1, ( 7HPS & &LDVWD L FLDVWHF]ND =H ZLH \PL RZRFDPL = PUR RQ\PL RZRFDPL = JU]\EDPL = EURNXáDPL &LDVWNR ] QDG]LHQLHP &LDVWD L WDUW\ 6]DUORWND %LV]NRSW %LV]NRSW ]DZLMDQ\ 0L VR GUyE U\E\ 3LHF]H ZLHSU]RZD NJ 3LHF]H FLHO FD NJ 3LHF]H ZRáRZD NJ . XUF]DN NJ . DF]ND NJ * NJ , QG\N NJ &]DV Z PLQ 7HPS &]DV 3R]LRP & Z PLQ 3R]LRP 3R]LRP 3R]LRP EH] ILOWUD WâXV]F]RZHJR ] ILOWUHP WâXV]F]RZ\P EH] ILO WUD WâXV]F]RZHJR 3, (&=(1, ( : 1, 6. , (7(03(5$785=( XJRWRZDü Z JDUQNX SU]HG SLHF]HQLHP 3LHF]H ZRáRZD NJ SRGJU]HZDQLH SLHF]HQLH 3LHF]H FLHO FD NJ SRGJU]HZDQLH SLHF]HQLH 3LHF]H ZLHSU]RZD 3RGJU]HZDQLH SLHF]HQLH )LOHW ZLHSU]RZ\ NJ 3RGJU]HZDQLH SLHF]HQLH *yUQD L GROQD JU]DáND 7HPS & )81. &-$ 3, (. $51, . $ 7HUPRRELHJ +$ &]DV Z PLQ 3R]LRP +$ /R  &]DV 3R]LRP 7HPS Z PLQ & 7HPS &]DV Z PLQ & ] ILOWUHP WâXV]F]RZ\P 3, (&=(1, ( 3, ==< 3áDVNLH FLDVWR VHURZH 3áDVNLH FLDVWR V]SLQDNRZH 3áDVNLH FLDVWR RZRFRZH ]H ZLH \PL RZRFDPL 3áDVNLH FLDVWR RZRFRZH ] PUR RQ\PL RZRFDPL 3L]]D RNU JáD Z RU\JLQDOQHM IRUPLH )81. &-$ 3, (. $51, . $ 7(03(5$785$ & & & &=$6 : 0, 1 32=, 20 785%2*5, // ] ILOWUHP WáXV]F]RZ\P PL VR QD UXV]FLH WDFH QD SR]LRPLH )81. &-$ 7(03(5$785$ & 3, (. $51, . $ &=$6 : 0, 1 32=, 20 3RáyZNL NXUF]DND . XUF]DN JU 5RODGD ZLHSU]RZD JU VWURQD VWURQD ] ILOWUHP WáXV]F]RZ\P WDFH QD SR]LRPLH RJU]Dü ZVW SQLH SLHNDUQLN PLQ 23, (. $1, ( 1$ *5, //8 )81. &-$ 3, (. $51, . $ 7(03 & &=$6 : 0, 1 VWU VWU 32=, 20 NROWHWyZ ZLHSU]RZ\FK NRWOHW\ ZLHSU]RZH SRáyZNL NXUF]DND SRáyZNL NXUF]DND XGND NXUF]DND XGND NXUF]DND . LHáEDVNL JULOORZH GR V]W . LHáEDVNL JULOORZH SRZ\ HM V]W 5\ED FDáD 7RVW EH] ZLHU]FKX PLQXW ZF]H QLHM UR]JU]Dü UXV]W Z\SXNáR FL QD VSyG UXV]W Z\SXNáR FL GR JyU\ 6áRLNL QLH SRZLQQ\ VL ]H VRE VW\NDü ] SLHF]HQLHP SDURZ\P QD QDMQL V]\P SR]LRPLH 3$67(5<=$&-$ 7HPSHUDWXUD Z R& 3DVWHU\]DFMD GR PRPHQWX UR]SR F] FLD PXVRZDQLD F]DV Z PLQXWDFK 'DOV]D &]DV SR]RVWDZLHQLD SDVWHU\]DFMD VáRLNyZ Z Z\á F]RQ\P F]DV Z SLHNDUQLNX SR ]DNR F]H PLQXWDFK QLX SDVWHU\]DFML Z PLQ 2ZRFH GUREQH 7UXVNDZNL MDJRG\ PDOLQ\ GRMU]Dá\ DJUHVW 1LHGRMU]Dá\ DJUHVW 'X H RZRFH 2ZRFH ] WZDUG\P PL V]HP JUXV]NL MDEáND OLZNL :DU]\ZD 0DUFKHZ *U]\E\ 3LNOH . DODUHSD IDVROD JURV]HN V]SDUDJL 686=(1, ( 1DOH \ X \ZDý EODFK GR VXV]HQLD 8]\VNDFLH 3D VWZR OHSV]H UH]XOWDW\ MH HOL SR XSâ\ZLH F]DVX VXV]HQLD Z\â F]\FLH SLHNDUQLN L SR]RVWDZLFLH SURGXNW\ GR RVW\JQL FLD QDMOHSLHM QD QRF 1DVW SQLH SRQRZQLH VXV]\ý MH HOL HIHNW QLH MHVW ]DGR ZDODM F\ 7HPSHUDWXUD & :DU]\ZD *URV]HN 3DSU\ND SRNURMRQD 0LHV]DQND QD ]XS *U]\E\ =LRáD 2ZRFH OLZNL 0RUHOH -DEáND SRNURMRQH *UXV]NL &]DV VXV]HQLD Z JRG]LQDFK RULHQWDF\MQLH 2%-$:< , 35=<&=<1< 867(5(. =H Z]JO GyZ EH]SLHF]H VWZD QLH ZROQR VDPRG]LHOQLH Z\NRQ\ZDü DG Q\FK QDSUDZ 'RW\F]\ WR Z V]F]HJyOQR FL QDSUDZ F] FL E G F\FK SRG QDSL FLHP 1DSUDZ\ Z\NRQ\ZDQH SU]H] RVRE\ EH] RGSRZLHGQLFK NZDOLILNDFML VWZD U]DM SRZD QH ]DJUR HQLH GOD X \WNRZQLND : SU]\SDGNX DZDULL SURV] ]ZUyFLü VL EH]SR UHGQLR GR SHUVRQHOX DXWRU\]RZDQHJR ]DNáDGX VHUZLVRZHJR EP 32'à &=(1, ( '2 , 167$/$&-, (/(. 75<&=1(3URVLP\ R ]DSR]QDQLH LQVWDODWRUD ] SRQL V] LQIRUPDFM 8U] G]HQLD NXFKHQQH R VXPDU\F]QHM PRF\ SU]HNUDF]DM FHM N: SRGá F]DP\ GR LQVWDODFML WUyMID]RZHM 2F]\ZL FLH LVWQLHMH WHFKQLF]QD PR OLZR ü SRGá F]HQLD GR MHGQHM ID]\ OXE GZyFK ID] DOH REFL HQLH MHGQHM ] ID] PRF QS N: ]XSHáQLH QRUPDOQH SU]\ Zá F]HQLX F]WHUHFK SyO SRGF]DV JRWRZDQLD RELDGX QLH ]DZV]H MHVW PR OLZH D ] SHZQR FL XWUXGQLD NRU]\VWDQLH ] LQQ\FK RGELRUQLNyZ HQHUJLL HOHNWU\F]QHM L MHVW QLHSUDNW\F]QH 'R WU]HFK ID] SRGá F]DP\ ]JRGQLH ] U\V 3LHNDUQLN Z\SRVD RQ\ Z SRNU WáD GR UHJXODFML Sá\W\ HOHNWU\F]QHM 6WHURZQLN ]DVLODM F\ Sá\W HOHNWU\F]Q 3á\W HOHNWU\F]Q Z\SRVD RQ Z SRNU WáD E G VWHURZDQLH GRW\NRZH 8:$*$ -H OL RERN VW\NX LVWQLHMH VW\N á F]\P\ MH PRVWNLHP 'R VW\NyZ ± PR QD SRGá F]\ü Z\á F]QLH SU]HZyG ]HURZ\ 32'à &=(1, ( )$=< *52=, 63$/(1, (0 85= '=(1, $ 8:$*$ 3U]HZRG\ ID]RZH PRJ PLHü NRORU QS F]DUQ\ OXE EU ]RZ\ 1LHGRSXV]F]DOQH MHVW SURZDG]HQLH ID] SU]HZRGHP QLHELHVNLP D ]ZáDV]F]D yáWR]LHORQ\P 'R GZyFK ID] SRGá F]DP\ ]JRGQLH ] U\V Sá\W HOHNWU\F]Q ] IDEU\F]QLH Z\SURZDG]RQ\P QD ]HZQ WU] SU]HZRGHP 'R MHGQHM ID]\ SRGá F]DP\ ]JRGQLH ] U\V SLHNDUQLN MDNR VDPRG]LHOQH XU] G]HQLH 1LHSUDZLGáRZH SRGá F]HQLH XU] G]HQLD GR LQVWDODFML HOHNWU\F]QHM SRZRGXMH ]Z\NOH VSDOHQLH MHJR HOHPHQWyZ ZHZQ WU]Q\FK FR SRFL JD ]D VRE GRGDWNRZH NRV]WD L SR]EDZLD SUDZD NRU]\VWDQLD ] XSUDZQLH JZDUDQFML )LUPD (OHFWUROX[ 3RODQG QLH SRQRVL RGSRZLHG]LDOQR FL ]D QLHSUDZLGáRZH SRGá F]HQLH XU] G]HQLD L HZHQWXDOQH NRQVHNZHQFMH [. . . ] [. . . ]