Macromedia Flash 8 Professional Ksiega eksperta

background image

Wydawnictwo Helion
ul. Koœciuszki 1c
44-100 Gliwice
tel. 032 230 98 63

e-mail: helion@helion.pl

PRZYK£ADOWY ROZDZIA£

PRZYK£ADOWY ROZDZIA£

IDZ DO

IDZ DO

ZAMÓW DRUKOWANY KATALOG

ZAMÓW DRUKOWANY KATALOG

KATALOG KSI¥¯EK

KATALOG KSI¥¯EK

TWÓJ KOSZYK

TWÓJ KOSZYK

CENNIK I INFORMACJE

CENNIK I INFORMACJE

ZAMÓW INFORMACJE

O NOWOœCIACH

ZAMÓW INFORMACJE

O NOWOœCIACH

ZAMÓW CENNIK

ZAMÓW CENNIK

CZYTELNIA

CZYTELNIA

FRAGMENTY KSI¥¯EK ONLINE

FRAGMENTY KSI¥¯EK ONLINE

SPIS TREœCI

SPIS TREœCI

DODAJ DO KOSZYKA

DODAJ DO KOSZYKA

KATALOG ONLINE

KATALOG ONLINE

Macromedia Flash 8
Professional. Ksiêga eksperta

Autor: David Vogeleer
T³umaczenie: Jaros³aw Dobrzañski, Rafa³ Joñca
ISBN: 83-246-0335-2
Tytu³ orygina³u:

Macromedia Flash Professional 8 Unleashed

Format: B5, stron: 800

Zostañ flashowym guru

W ci¹gu kilku ostatnich lat Flash z prostego narzêdzia animacyjnego sta³ siê
prawdziwym „kombajnem” s³u¿¹cym do tworzenia interaktywnych witryn WWW
i prezentacji multimedialnych. Rozbudowane narzêdzia rysunkowe i animacyjne,
obiektowy jêzyk programowania ActionScript i mo¿liwoœæ korzystania z plików
multimedialnych daj¹ projektantom niemal nieograniczon¹ swobodê twórcz¹.
O ogromnej popularnoœci Flasha mo¿e równie¿ œwiadczyæ fakt, i¿ odtwarzacz plików SWF
jest programem najczêœciej pobieranym z sieci. Macromedia Flash 8 jest uniwersalnym
narzêdziem przeznaczonym dla wszystkich projektantów witryn i aplikacji WWW.

W najnowszej wersji producent wprowadzi³ wiele usprawnieñ -- dodano obs³ugê
nowych formatów plików, rozbudowano sposoby publikowania plików SWF oraz
zmodernizowano interfejs u¿ytkownika.

„Macromedia Flash 8 Professional. Ksiêga eksperta” to szczegó³owe omówienie
wszystkich mo¿liwoœci tej niezwyk³ej aplikacji. Czytaj¹c j¹, poznasz Flasha 8
„od podszewki”, poczynaj¹c od interfejsu u¿ytkownika i zasad pos³ugiwania siê
narzêdziami graficznymi, na programowaniu w jêzyku ActionScript koñcz¹c.
Dowiesz siê, w jaki sposób wykorzystywaæ w swoich projektach pliki graficzne,
dŸwiêkowe i cyfrowe wideo, jak ³¹czyæ Flasha z innymi technologiami kreowania
witryn WWW, takimi jak ASP, PHP i ColdFusion, oraz publikowaæ pliki SWF.
Nauczysz siê tworzyæ interaktywne elementy nawigacyjne i formularze, stosowaæ
pliki XML oraz odtwarzaæ strumieniowo pliki multimedialne.

• Interfejs u¿ytkownika i preferencje
• Narzêdzia graficzne
• Tworzenie animacji
• Import plików wideo i dŸwiêkowych
• Publikowanie plików SWF
• Typy danych w jêzyku ActionScript
• Elementy jêzyka ActionScript
• Korzystanie z panelu Actions
• Kontrolowanie w³aœciwoœci obiektów
• Obs³uga zdarzeñ
• Integracja z PHP, ASP i ColdFusion
• Przetwarzanie plików XML
• Pobieranie danych z plików zewnêtrznych

background image

1CWVQT\G

2ZVSyáDXWRUDFK

9UVúR

%\ú è+<CE\[PCO[RTCEúYG(NCUJW

4Q\F\KC %QPQYGIQ!

,QWHUIHMV

=DNáDGNLQDNRPSXWHUDFK0DFLQWRVK

=DNáDGNLQDSDQHODFKSRZUDFDM

-HGQDELEOLRWHNDGODZV]\VWNLFK

:L NV]\EUXGQRSLV

'ZDWU\E\FRIDQLD

.UH OHQLHRELHNWyZ²QRZ\VSRVyEJUXSRZDQLD

0RELOQ\)ODVK

.RQLHF]FLXFLXEDEN

:LWDMZGRPXWU\ELH1RUPDO

1DMV]\EV]\)ODVK3OD\HU

)ODVK7\SH

%XIRURZDQLHELWPDS

0LHV]DQLH

)LOWU\

8OHSV]HQLDZG]LHG]LQLHNUH OHQLD

:LGHRZH)ODVKX

1RZHHOHPHQW\G\QDPLF]QH

.ODVD%LWPDS'DWD

:\V\áDQLHSOLNyZGRNOLSyZ)ODVKD

3RGVXPRZDQLH

4Q\F\KC <CE\[PCO[RTCEúYRTQITCOKG(NCUJ2TQHGUUKQPCN

6NURPQHSRF] WNLF]\OLVN GVL Z]L á)ODVK

,QWHUIHMV

6FHQD

3DQHOLQVSHNWRUDZáD FLZR FL

3DQHOH)ODVKD

6SUDZG]DQLHSLVRZQL

background image

/CETQOGFKC(NCUJ2TQHGUUKQPCN-UKúICGMURGTVC

3UHIHUHQFMH

.DWHJRULD*HQHUDO

.DWHJRULH$FWLRQ6FULSWL$XWR)RUPDW

.DWHJRULD&OLSERDUG

.DWHJRULD'UDZLQJ

.DWHJRULD7H[W

.DWHJRULD:DUQLQJV

6NUyW\NODZLDWXURZH

8VSUDZQLDQLHSU]HVWU]HQLURERF]HM

3RGVXPRZDQLH

4Q\F\KC 6YQT\GPKGITCHKMKYG(NCUJW

3DVHNQDU] G]L

2EV]DU&RORUV

2EV]DU9LHZ

2EV]DU7RROV

.RORU\LJUDGLHQW\

3DQHO&RORU6ZDWFKHV

3DQHO&RORU0L[HU

*UXSRZDQLHLRELHNW\NUH ODUVNLH

*UXS\

2ELHNW\'UDZLQJ2EMHFW

6SL WU]DQLHJUXS

,PSRUWRZDQLHELWPDSLRSHURZDQLHQLPL

7ZRU]HQLHZ\SHáQLHQLDELWPDSRZHJR

2EU\VRZ\ZDQLHELWPDS

=DVW SRZDQLHELWPDS

3RGVXPRZDQLH

4Q\F\KC #PKOCELCYG(NCUJW

:LWDP\QDOLVWZLHF]DVRZHM

2EV]DUZDUVWZ

2EV]DUNODWHN

$QLPDFMDSRNODWNRZD

3LHUZV]DDQLPDFMD

8]XSHáQLDQLHNODWHN

3LHUZV]DDQLPDFMD]X]XSHáQLDQLHPNODWHN

3RGSRZLHG]LNV]WDáWX

3RGVXPRZDQLH

4Q\F\KC 5[ODQNGGI\GORNCT\GKDKDNKQVGMC

&]\PMHVWV\PERO"

&]\PMHVWHJ]HPSODU]"

6\PEROJUDILNL

.LHG\QDOH \VWRVRZDüV\PEROJUDILNL"

3U]HNV]WDáFDQLHZV\PERO

6\PEROSU]\FLVNX

3U]\FLVNLQWHUDNW\ZQ\

=SDPL WQLNDQLHZLGRF]QHJRSU]\FLVNX

6\PERONOLSXILOPRZHJR

%LEOLRWHND

background image

5RKUVTG EK

:UDFDP\QDOLVWZ F]DVRZ

3LHUZV]DDQLPDFMD]X]XSHáQLDQLHPUXFKX

(G\WRUX]XSHáQLDQLDNODWHN

$QLPDFMH]DJQLH G RQH

3URZDGQLFHUXFKX

:DUVWZDPDVNL

3RGVXPRZDQLH

4Q\F\KC 1RGTQYCPKGF YKúMKGOKOCVGTKC COKYKFGQ

5RODG ZL NX

'RGDZDQLHG ZL NX

' ZL NZLQVSHNWRU]HZáD FLZR FL

(IHNW\G ZL NRZH

7ZRU]HQLHZáDVQ\FKHIHNWyZ

6\QFKURQL]DFMDL]DS WODQLH

.RPSUHVMDG ZL NX

' ZL NZM ]\NX$FWLRQ6FULSW

0DWHULDá\ZLGHRZH)ODVKX

,PSRUWRZDQLHPDWHULDáyZZLGHRGR)ODVKD

3RGVXPRZDQLH

4Q\F\KC 2WDNKMQYCPKG

8VWDZLHQLDSXEOLNRZDQLD

3URILOHSXEOLNRZDQLD

=DNáDGND)RUPDWV

)RUPDW\GODVLHFL:::

*UDILND

3URMHNWRU\L4XLFN7LPH

)ODVK3OD\HULSOLNL6:)

=DNáDGND)ODVK

3ROH9HUVLRQ

8VWDZLHQLDG ZL NX

=DNáDGND+70/

:\NU\ZDQLHZHUVML)ODVKD

=DNáDGND*,)

=DNáDGND31*

=DNáDGND-3(*

=DNáDGND4XLFN7LPH

3RGVXPRZDQLH

%\ú è++3WKEM6KOG

4Q\F\KC 9RTQYCF\GPKGFQ#EVKQP5ETKRVW

&]\PMHVW$FWLRQ6FULSW"

3URJUDPRZDQLHRELHNWRZH

&]\PMHVWRELHNW"

:áD FLZR FLRELHNWX

0HWRG\RELHNWX

=GDU]HQLDRELHNWX

6N GELRU VL RELHNW\"

7ZRU]HQLHSURWRW\SyZRELHNWyZ

background image

/CETQOGFKC(NCUJ2TQHGUUKQPCN-UKúICGMURGTVC

:SURZDG]HQLHGR$FWLRQ6FULSWX

=PLHQQH]H FLVá NRQWURO W\SyZ

)XQNFMH]H FLVá NRQWURO W\SyZ

3DQHO$FWLRQV

3UHIHUHQFMHSDQHOX$FWLRQV

3DQHO5HIHUHQFH+HOS

=DFKRZDQLDLSDQHO%HKDYLRUV

3RGVWDZ\$FWLRQ6FULSWX

.RPHQWDU]H

3RGSRZLHG]LLNRQZHQFMHQD]HZQLF]H

$FWLRQV3DQHO[PO

:\]ZDODQLHSRGSRZLHG]L]DSRPRF NRPHQWDU]\

FLVáDNRQWURODW\SyZMDNRPHFKDQL]PZ\]ZDODQLDSRGSRZLHG]L

6NáDGQLD]NURSN

2ELHNWNOLSXILOPRZHJR

)XQNFMH

:DUXQNL

3 WOH

3RGVXPRZDQLH

4Q\F\KC 5\E\GIÎ QYQQEKæICEJNKE\DCEJK\OKGPP[EJ

7\S\GDQ\FK

7\S6WULQJ

7ZRU]HQLHGDQ\FKW\SX6WULQJ

&L JLSXVWH

6\PEROHF\WDWyZ

6HNZHQFMHXFLHF]NL

0DQLSXORZDQLHFL JDPL]QDNRZ\PL

à F]HQLHFL JyZ

,QGHNVRZDQLH]QDNyZZFL JX

&L JL8QLFRGH

7\S1XPEHU

7ZRU]HQLHZDUWR FL1XPEHU

5R]ZL ]\ZDQLHSUREOHPXQLHVNR F]RQ\FKF] FLXáDPNRZ\FK

3UHGHILQLRZDQHZDUWR FLGODOLF]E

/LF]E\VSHFMDOQH

7\S%RROHDQ

7\SQXOO

7\SXQGHILQHG

7\S$UUD\

=PLHQQH

7ZRU]HQLH]PLHQQHM

=PLDQDZDUWR FL]PLHQQ\FK

,QNUHPHQWDFMDLGHNUHPHQWDFMD]PLHQQ\FK

=PLHQQHSXVWH

3RUyZQ\ZDQLH]PLHQQ\FK

à F]HQLH]PLHQQ\FKUy QHJRW\SX

.RQZHUVMD]PLHQQ\FK]DSRPRF IXQNFMLLPHWRG

=DNUHV]PLHQQHM

3UDNW\F]Q\SU]\NáDG

3RGVXPRZDQLH

background image

5RKUVTG EK

4Q\F\KC 6CDNKEG

&]\PMHVWWDEOLFDLMDNG]LDáD"

=F]HJRVNáDGDVL WDEOLFD"

7ZRU]HQLHWDEOLF

3RELHUDQLHGDQ\FK]WDEOLF\

'RGDZDQLHHOHPHQWyZGRWDEOLF\

0HWRGDSXVK

0HWRGDXQVKLIW

0HWRGDVSOLFH

0HWRGDFRQFDW

1DGDZDQLHQD]ZHOHPHQWRPWDEOLF\

8VXZDQLHHOHPHQWyZ]WDEOLF

2SHUDWRUGHOHWH

8VXZDQLHHOHPHQWyZ]WDEOLFSU]\X \FLXZáD FLZR FLOHQJWK

0HWRGDVSOLFHUD]MHV]F]H

0HWRGDSRS

0HWRGDVKLIW

=DPLDQDHOHPHQWyZWDEOLF\

7DEOLFH]DJQLH G RQH

'RGDWNRZHPHWRG\WDEOLF

0HWRGDWR6WULQJ

0HWRGDMRLQ

0HWRGDVOLFH

0HWRGDUHYHUVH

6RUWRZDQLHWDEOLF

0HWRGDVRUW2Q

3U]\NáDGSUDNW\F]Q\

3RGVXPRZDQLH

4Q\F\KC +PUVTWMELGKY[TC GPKC

6NáDGQLDLQVWUXNFML

%ORNLQVWUXNFML

,QVWUXNFMHRELHNWRZH

,QVWUXNFMDZLWK

,QVWUXNFMDIRULQ

0RG\ILNDWRU\SU]HELHJXSURJUDPX

,QVWUXNFMHZDUXQNRZH

2SHUDWRU\SRUyZQDQLD

,QVWUXNFMDLI

,QVWUXNFMDHOVH

,QVWUXNFMDHOVHLI

,QVWUXNFMDVZLWFKLVáRZDFDVHGHIDXOWLEUHDN

,QVWUXNFMHS WOL

3RGVXPRZDQLH

4Q\F\KC (WPMELG

7ZRU]HQLHIXQNFML

8 \ZDQLHIXQNFML

6WRVRZDQLHSDUDPHWUyZZIXQNFMDFK

)XQNFMHNWyUH]ZUDFDM ZDUWR FL

background image

/CETQOGFKC(NCUJ2TQHGUUKQPCN-UKúICGMURGTVC

)XQNFMH]DJQLH G RQH

=DNUHVIXQNFML

:\ZRá\ZDQLHIXQNFML]LQQ\FK]DNUHVyZ

,GHQW\ILNDWRUBJOREDO

=PLHQQHDIXQNFMH

.ODVD$UJXPHQWV

:áD FLZR üOHQJWK

)XQNFMHMDNRRELHNW\

)XQNFMHMDNRPHWRG\

:EXGRZDQHIXQNFMH)ODVKD

)XQNFMDFDOO

)XQNFMHNRQZHUWXM FH

)XQNFMHPDWHPDW\F]QH

)XQNFMHSU]HVWDU]DáH

3RGVXPRZDQLH

4Q\F\KC 1DKGMVMNKRWHKNOQYGIQ

7ZRU]HQLHNOLSyZILOPRZ\FK

5 F]QHWZRU]HQLHNOLSyZILOPRZ\FK

7ZRU]HQLHNOLSyZILOPRZ\FKZ$FWLRQ6FULSFLH

0DQLSXORZDQLHNOLSDPLILOPRZ\PL

$QLPDFMDNOLSyZILOPRZ\FK]SR]LRPX$FWLRQ6FULSWX

:áD FLZR üFDFKH$V%LWPDS

=DVWRVRZDQLHPDWHPDW\NLZDQLPRZDQLXNOLSyZILOPRZ\FK

=DVWRVRZDQLHRELHNWX&RORU

:áD FLZR üEOHQG0RGH

)LOWU\

*á ERNR üLNROHMQR üXáR HQLD

.RSLRZDQLHNOLSyZILOPRZ\FK

8VXZDQLHNOLSyZILOPRZ\FK

0HWRGDUHPRYH0RYLH&OLS

3URJUDPLVW\F]Q\LQWHUIHMVNUH ODUVNL

0HWRGDOLQH6W\OH

0HWRGDPRYH7R

0HWRGDOLQH7R

0HWRGDOLQH*UDGLHQW6W\OH

0HWRGDEHJLQ)LOO

0HWRGDEHJLQ*UDGLHQW)LOO

0HWRGDFXUYH7R

3RGVXPRZDQLH

4Q\F\KC <FCT\GPKC

2EVáXJD]GDU]H

)XQNFMD]ZURWQD

2ELHNW\QDVáXFKXM FH

1LHSRWU]HEQHSRZWyU]HQLD

)XQNFMH]ZURWQHNRQWUDRELHNW\QDVáXFKXM FH

=GDU]HQLDSU]\FLVNyZ

=GDU]HQLDNOLSyZILOPRZ\FK

.OLS\ILOPRZHREVáXJXM FH]GDU]HQLDSU]\FLVNyZ

background image

5RKUVTG EK

=GDU]HQLDRELHNWX0RXVH

=GDU]HQLDRELHNWX.H\

=GDU]HQLDRELHNWX7H[W)LHOG

=GDU]HQLDPL G]\RELHNWRZH

3RGVXPRZDQLH

4Q\F\KC 2TCEC\VGMUVGO

,QWHUIHMVSRODWHNVWRZHJR

6SUDZG]DQLHSLVRZQLZSRODFKWHNVWRZ\FK

7ZRU]HQLHSyOWHNVWRZ\FK

7HNVWVWDW\F]Q\

7HNVWG\QDPLF]Q\

7HNVWZSURZDG]DQ\SU]H]X \WNRZQLND

7ZRU]HQLHSyOWHNVWRZ\FKZ$FWLRQ6FULSFLH

)RUPDWRZDQLHWHNVWXZSRODFKWHNVWRZ\FK

2ELHNW7H[W)RUPDW

.DVNDGRZHDUNXV]HVW\OyZ

3U]HZLMDQLHSyOWHNVWRZ\FK

=GDU]HQLHRQ0RXVH:KHHO

.RG+70/ZSRODFKWHNVWRZ\FK

=QDF]QLNLPJ

3ROD+70/L-DYD6FULSW

7HNVWZLHORM ]\F]Q\

7HNVW8QLFRGH

3DQHO6WULQJV

3RGVXPRZDQLH

4Q\F\KC -QORQPGPV[

&]\PMHVWNRPSRQHQW"

3RVáXJLZDQLHVL NRPSRQHQWDPL

3DQHO&RPSRQHQWV

:VWDZLDQLHNRPSRQHQWyZQDVFHQ

0HWRGDDWWDFK0RYLH

8VWDZLDQLHSDUDPHWUyZ

,QVSHNWRUZáD FLZR FL

0RG\ILNRZDQLHSDUDPHWUyZNRPSRQHQWyZ

3DQHO&RPSRQHQW,QVSHFWRU

$FWLRQ6FULSW

3U]HFKZ\W\ZDQLH]GDU]H NRPSRQHQWyZ

3RELHUDQLHGDQ\FK]NRPSRQHQWyZ

6WRVRZDQLHVNyUHNQDNRPSRQHQWDFK

5 F]QD]PLDQDVNyUHN

=DVWRVRZDQLHZáD FLZR FLVW\OH

:áD FLZR üGDWD3URYLGHU

:L ]DQLHGDQ\FK

7ZRU]HQLHNRPSRQHQWyZZZHUVML

3RGVXPRZDQLH

background image

/CETQOGFKC(NCUJ2TQHGUUKQPCN-UKúICGMURGTVC

4Q\F\KC &KCIPQUV[MC

&]\PMHVWGLDJQRVW\ND"

3ODQRZDQLH

1D]Z\NWyUHFR ]QDF]

'RNXPHQWDFMD

FLVáDNRQWURODW\SyZ

7ZRU]HQLHSURWRW\SXLWHVWRZDQLH

1DU] G]LDGLDJQRVW\F]QH

)XQNFMDWUDFH

/LVW\]PLHQQ\FKLRELHNWyZ

2ELHNW(UURU

'LDJQRVW\NDUR]PLDUXSURMHNWX

3DQHO'HEXJJHU

'LDJQRVW\ND]GDOQD

3RGVXPRZDQLH

%\ú è+++9QMÎ (NCUJC

4Q\F\KC <GYPúVT\P[MQF#EVKQP5ETKRV

'ODF]HJRZDUWRVWRVRZDü]HZQ WU]Q\NRG$FWLRQ6FULSW"

,QVWUXNFMDLQFOXGHNRQWUD FLH NDGRNODV

:\NRU]\VWDQLH]HZQ WU]Q\FKSOLNyZNODV

'HILQLRZDQLHNODV\

0RG\ILNDWRU\SXEOLFSULYDWHLVWDWLF

'HNODUDFMDZáD FLZR FL]Z\NRU]\VWDQLHPIXQNFMLNRQVWUXNWRUD

7ZRU]HQLHPHWRG

0HWRG\SRELHUDM FHLXVWDZLDM FHZáD FLZR FL

7ZRU]HQLH]GDU]H

7ZRU]HQLHPHWRG\Z\ZRáD ]ZURWQ\FKGOD]GDU]H

3RZLDGDPLDQLHRELHNWyZQDVáXFKXM F\FKR]DM FLX]GDU]HQLD

3Rá F]HQLHZV]\VWNLHJRUD]HP

3RGVXPRZDQLH

4Q\F\KC 9E\[V[YCPKGMNKRÎYKQDTC\ÎY\\GYPæVT\

'ODF]HJRZDUWRZF]\W\ZDü]DZDUWR ü]]HZQ WU]"

-DN ]DZDUWR üPR QD]DáDGRZDüLJG]LH"

'\QDPLF]QHZF]\W\ZDQLHREUD]yZ

0HWRGDORDG0RYLH

']LHG]LF]HQLH

)XQNFMDORDG0RYLH1XP

0HWRGDXQORDG0RYLH

0HWRGDUHPRYH0RYLH&OLS

)XQNFMDXQORDG0RYLH1XP

.RPSRQHQW/RDGHU

'\QDPLF]QHZF]\W\ZDQLHSOLNyZ6:)

0RG\ILNDFMDZF]\WDQ\FKSOLNyZ6:)

:F]\W\ZDQLH]HZQ WU]QHM]DZDUWR FLGRSyOWHNVWRZ\FK

6WHURZDQLH]DZDUWR FL RVDG]RQ ZSRODFKWHNVWRZ\FK

background image

5RKUVTG EK

$QLPDFMHZVW SQH

0HWRG\JHW%\WHV/RDGHGLJHW%\WHV7RWDO

.RPSRQHQW3URJUHVV%DU

3RGVXPRZDQLH

4Q\F\KC 9RTQYCF\GPKGFQKPVGITCELKFCP[EJ

'ODF]HJRG\QDPLF]QD]DZDUWR ü"

)XQNFMDJHW85/

)RUPDW0,0(

)XQNFMHHVFDSHLXQHVFDSH

)XQNFMDORDG9DULDEOHV

=GDU]HQLHRQ'DWD

)XQNFMDORDG9DULDEOHV1XP

.ODVD/RDG9DUV

0HWRGDORDG

=GDU]HQLHRQ/RDG

=GDU]HQLHRQ'DWD

,QWHUIHMVSURJUDPLVW\F]Q\([WHUQDO,QWHUIDFH

0HWRGDFDOO

0HWRGDDGG&DOOEDFN

3RGVXPRZDQLH

4Q\F\KC #52K(NCUJ

&]\PMHVW$63"

-DNG]LDáD$63"

3RELHUDQLHLXUXFKDPLDQLHVHUZHUD

:SURZDG]HQLHGRVNU\SWyZ$63

3LHUZV]DVWURQDZ$63

:\V\áDQLHLRGELHUDQLHGDQ\FK

2GELHUDQLHGDQ\FKZ$63

:\V\áDQLHLRGELHUDQLHGDQ\FKZH)ODVKX

.RU]\VWDQLH]ED]\GDQ\FK$FFHVVD

3RGVXPRZDQLH

4Q\F\KC 2*2K(NCUJ

3U]\JRWRZ\ZDQLHVHUZHUD

,QVWDODFMDVHUZHUD$SDFKH

,QVWDODFMD3+3

,QVWDODFMDED]\GDQ\FK0\64/

3RLQVWDODFMLNRPSRQHQWyZ

:L FHMLQIRUPDFMLQDWHPDWM ]\ND3+3

2GELHUDQLHGDQ\FK

3U]\NáDG²ZLWDM ZLHFLH

3U]\NáDG²ZLWDML HJQDM ZLHFLH

3U]\NáDG²ZLHOHZDUWR FLLZLHOH]PLHQQ\FK

3U]\NáDG²Z\V\áDQLHOLVWXHPDLO])ODVKD]DSRPRF 3+3

2GELHUDQLHLZ\V\áDQLHGDQ\FK

3U]\NáDG²RGELHUDQLHSRWZLHUG]HQLDZ\VáDQLDOLVWX

.RU]\VWDQLH]ED]\GDQ\FK0\64/

3U]\NáDG²NVL NDDGUHVRZD

background image

/CETQOGFKC(NCUJ2TQHGUUKQPCN-UKúICGMURGTVC

8PLHV]F]DQLHSOLNyZQDVHUZHU]HW\ONRRGWZDU]DF])ODVK3OD\HU

3U]\NáDG²XPLHV]F]DQLHSOLNyZQDVHUZHU]H

3RGVXPRZDQLH

4Q\F\KC (NCUJ4GOQVKPIQTC\%QNF(WUKQP

&]\PMHVW)ODVK5HPRWLQJ"

6HUZHUDSOLNDFML

:\PDJDQLDWHFKQLF]QH

&ROG)XVLRQLGLDJUDPSU]HSá\ZX

3URFHVWZRU]HQLDV\VWHPX])ODVK5HPRWLQJ

,QVWDODFMDLNRQILJXUDFMDVHUZHUD

,QVWDODFMD,,6

,QVWDODFMD&ROG)XVLRQ0;

,QVWDODFMDLNRQILJXUDFMDED]\GDQ\FK

7ZRU]HQLH UyGáDGDQ\FK&ROG)XVLRQ

$QDOL]DDSOLNDFML

.RPSRQHQW\&ROG)XVLRQ&)&

)ODVK5HPRWLQJL$FWLRQ6FULSW

,PSRUWRZDQLHNODVGRW\F] F\FK)ODVK5HPRWLQJZNRG]LH$FWLRQ6FULSW

7ZRU]HQLHSRá F]HQLD]EUDP LXVáXJ

.RPXQLNDFMD]&)&LREVáXJDZ\QLNyZ

7ZRU]HQLHDSOLNDFML

3RGVXPRZDQLH

4Q\F\KC :/.K(NCUJ

&]\PMHVW;0/"

)RUPDWRZDQLH;0/

5HJXá\WZRU]HQLDGRNXPHQWX;0/

$WU\EXW\

(OHPHQW\NRQWUDDWU\EXW\

;0/L)ODVK

.ODVD;0/

.RPSRQHQW;0/&RQQHFWRU

0HWRGDWULJJHU

=GDU]HQLHUHVXOW

.RPSRQHQW7UHH

3RGVXPRZDQLH

4Q\F\KC 7U WIKUKGEKQYGK(NCUJ

&]\PMHVWXVáXJDVLHFLRZD"

'ODF]HJRZDUWRVWRVRZDüXVáXJLVLHFLRZH"

7ZRU]HQLHXVáXJVLHFLRZ\FK

.RU]\VWDQLH]XVáXJLVLHFLRZHMZH)ODVKX

=DVWRVRZDQLHNODV\;0/

)ODVK5HPRWLQJ

3DQHO:HE6HUYLFHV

.RPSRQHQW:HE6HUYLFH&RQQHFWRU

'RZL ]\ZDQLHGDQ\FK

.RU]\VWDQLH]XVáXJVLHFLRZ\FKLQQ\FKILUP

8VáXJDVLHFLRZDILUP\$PD]RQ

3RGVXPRZDQLH

background image

5RKUVTG EK

4Q\F\KC 5VTWOKGPKQYCPKGOGFKÎY

'ODF]HJRZDUWRVWUXPLHQLRZDüGDQHPXOWLPHGLDOQH"

7ZRU]HQLHZLGHRZIRUPDFLH)ODVK9LGHR

.ODVD1HW&RQQHFWLRQ

.ODVD1HW6WUHDP

0HWRGDSOD\

0HWRGDSDXVH

0HWRGDFORVH

0HWRGDVHHN

0HWRGDVHW%XIIHU7LPH

=GDU]HQLHRQ6WDWXV

:áD FLZR FLNODV\1HW6WUHDP

.ODVD9LGHR

0HWRGDDWWDFK9LGHR

6WUXPLHQLRZDQLHPDWHULDáyZZLGHR

.RPSRQHQW)/93OD\EDFN

.ODVD&DPHUD

0HWRGDJHW

:áD FLZR üDFWLYLW\/HYHO

3RGVXPRZDQLH

4Q\F\KC 4Q\U\GT\CPKG TQFQYKUMCRTQLGMVQYCPKC

'ODF]HJRZDUWRUR]V]HU]Dü URGRZLVNRSURMHNWRZDQLD"

3ROHFHQLD

3DQHO+LVWRU\

=DSLV\ZDQLHSROHFH QDSRGVWDZLHSDQHOX+LVWRU\

5 F]QHWZRU]HQLHSROHFH ZM ]\NX-6)/

=DU] G]DQLHSROHFHQLDPL

,QWHUIHMV;0/WR8,

7ZRU]HQLH]DFKRZD

7ZRU]HQLHZáDVQ\FKSDQHOL

7ZRU]HQLHZáDVQ\FKQDU] G]L

7ZRU]HQLHZáDVQ\FKHIHNWyZ

2EVáXJDSOLNyZZM ]\NX-6)/

3RGVXPRZDQLH

4Q\F\KC 0CT\úF\KC\YKæ\CPG\(NCUJGO

$OWHUQDW\ZQH URGRZLVNDSURMHNWRZDQLD

6:L6+PD[

6:L6+SL[

3RZHU&219(57(5

2Q)OL[

6RUHQVRQ6TXHH]H

6ZLIW'

&DSWLYDWH

5R]V]HU]DQLHSOLNyZ)ODVKD

2SWLPD]H

$FWLRQ6FULSW9LHZHU

6:)(QFU\SWŒ

background image

/CETQOGFKC(NCUJ2TQHGUUKQPCN-UKúICGMURGTVC

5R]ZL ]DQLDZ\NUDF]DM FHSR]DVLHü,QWHUQHW

6FUHHQ7LPH

6:)9LGHR

6:)6WXGLR

0DNLQJ7KLQJV

3RGVXPRZDQLH

&QFCVMK

&QFCVGM#0CLPQYU\GYDWFQYCPGMNCU[Lú\[MC#EVKQP5ETKRV
5MQTQYKF\

background image

:GDOV]HMF] FLNVL NLE G]LHP\RPDZLDüMDNPDQLSXORZDüRELHNWDPLQDVFHQLHNR

U]\VWDM F]$FWLRQ6FULSWXDOHZF]H QLHMPXVLP\GRZLHG]LHüVL MDNWZRU]\üRELHNW\QD

VFHQLH-H HOLZSU]HV]áR FLNRU]\VWDáH ]QDU] G]LJUDILF]Q\FKWDNLFKMDN)UHH+DQGF]\

,OOXVWUDWRUWRZL NV]R üQDU] G]LNUH ODUVNLFKMDNLHXGRVW SQLD)ODVKZ\GD&LVL ]QDMRPD

:W\PUR]G]LDOHRPyZLP\ND GHQDU] G]LH]RVREQDRSLVXM FMDNG]LDáDLMDNPR QD

XVSUDZQLüLXGRVNRQDOLüVSRVyENRU]\VWDQLD]QLHJR2PyZLP\WDN HMDNLPSRUWRZDü

ELWPDS\GRSURMHNWX)ODVKDLMDN]QLFKNRU]\VWDü

-DNMX ZVSRPQLDQRZLHOHQDU] G]LNUH ODUVNLFK)ODVKDPR HZ\JO GDü]QDMRPRFR

ZLGDüQDU\VXQNX2PDZLDM FQDU] G]LDE G]LHP\ZVSRPLQDüRRSFMDFKGRVW SQ\FK

GODGDQHJRQDU] G]LDRUD]VNUyWDFKNODZLDWXURZ\FKG]L NLNWyU\PPR QDSU]\VSLHV]\ü

SUDF ]QDU] G]LHP

4[UWPGM

3DVHNQDU]öG]L

)ODVKD

background image

%\ú è+

u

<CE\[PCO[RTCEúYG(NCUJW

-DNZLGDüSDVHNQDU] G]LSRG]LHORQ\]RVWDáQDF]WHU\JáyZQHREV]DU\

u

7RROVQDU] G]LD²JUXSDUHSUH]HQWXM FD]HVWDZQDU] G]LNWyUHXPR OLZLDM

NUH OHQLHNV]WDáWyZLRELHNWyZQDVFHQLHRUD]PDQLSXORZDQLHQLPL

u

9LHZZLGRN²JUXSDXPR OLZLDM FDVWHURZDQLHZLGRNLHPVFHQ\ZW\PMHM

SR]\FM LVWRSQLHPSRZL NV]HQLD

u

&RORUVNRORU\²JUXSDSRPDJDM FDXVWDZLDüNRORU\]DUyZQRNUDZ G]L

MDNLZ\SHáQLH NV]WDáWyZ

u

2SWLRQVRSFMH²]DZDUWR üWHMJUXS\E G]LHVL ]PLHQLDüZUD]]Z\ERUHP

Uy Q\FKQDU] G]LLZ\ ZLHWODüGRGDWNRZHRSFMHGODW\FKQDU] G]L7DNQDSUDZG

QLHMHVWWRJUXSDDOHREV]DU²]HVWDZRSFML]QLNQLHZUD]]SU]Há F]HQLHPQDU] G]LD

6NRURMX SR]QDOL P\SRV]F]HJyOQHREV]DU\PR HP\RPyZLü]RVREQD]DZDUWR üND GHJR

]QLFKLG F]GRáXGRJyU\L]DF]\QDM FRGREV]DUX&RORUV

1DU\CT%QNQTU

-DNMX ZVSRPQLDQRWHQREV]DUSDVNDQDU] G]LMHVWMHGQ\P]ZLHOXPLHMVF]NWyU\FK

PR HP\XVWDZLDüNRORU\NUDZ G]LRUD]Z\SHáQLH 6DPHNRORU\LJUDGLHQW\GRNáDGQLHM

]RVWDQ RPyZLRQHZGDOV]HMF] FLWHJRUR]G]LDáXDZW\PPRPHQFLH]DQLP]DF]QLHP\

WZRU]\üNV]WDáW\QDMZD QLHMV]HMHVW]UR]XPLHQLHMDNNRU]\VWDü]WHJRREV]DUXSDVND

QDU] G]L

3R]DGZRPDUR]ZLMDQ\PLPHQXNRORUyZGODNUDZ G]LLZ\SHáQLH XGRáXREV]DUX]QDM

GXM VL WU]\SU]\FLVNLZLGRF]QHQDU\VXQNX2WRFRUREL

u

%ODFNDQG:KLWHF]DUQ\LELDá\²RGUD]X]PLHQLDNRORUNUDZ G]LQDELDá\

IIIIIIDNRORUZ\SHáQLHQLDQDF]DUQ\

u

1R&RORUEUDNNRORUX²SRZRGXMH H]D]QDF]RQ\NRORUZ\SHáQLHQLD

OXENUDZ G]LZRJyOHQLHMHVWWZRU]RQ\ZF]DVLHNUH OHQLD

u

6ZDS&RORUV]DPLH NRORU\²]DPLHQLDELH FHNRORU\Z\SHáQLHQLDLNUDZ G]L

:L FHMRSFMLZ\ELHUDQLDNRORUyZPR QD]QDOH üSRNOLNQL FLXZNRáRNRORUyZZUR]ZL

MDQ\PPHQXNRORUXZ\SHáQLHQLDOXENUDZ G]L3RMDZLVL ZyZF]DVRNQR.RORUZLGRF]QH

QDU\VXQNX

4[UWPGM

:RNQLH

.RORUPR HP\

Z\ELHUDèNRORU\

]SU]HGVWDZLRQHM

SDOHW\PR HP\WH

]PLHQLDèMDVNUDZR è

DQDZHWXVWDZLDè

ZDUWR FL5*%

background image

4Q\F\KC

u

6YQT\GPKGITCHKMKYG(NCUJW

3RZ\EUDQLXNRORUXNUDZ G]LOXEZ\SHáQLHQLDZREV]DU]H&RORUVPR HV]DOERZ\EUDü

NRORUOXEJUDGLHQW]GRVW SQHMSDOHW\DOERZSLVDüNRGNRORUXZIRUPDFLH

TTIIDD

ZSROX

WHNVWRZ\PXJyU\SDWU]U\VXQHN0R HV]WDN HXVWDZLü$OSKDSU]H]URF]\VWR ü

NRORUXDOERFDáNRZLFLHZ\á F]\üGDQ\NRORUSU]\FLVNLHP1R&RORUEUDNNRORUXLNRQND

]SU]HNUH ORQ\PNZDGUDWHP

4[UWPGM

0HQXNRORUX

NUDZöG]LJUDGLHQW\

LSU]H]URF]\VWR è

PR QDWHUD]

XVWDZLDè]DUÑZQR

GODZ\SHäQLHþ

MDNLNUDZöG]L

1DU\CT8KGY

:W\PREV]DU]HSDVNDQDU] G]L]JUXSRZDQRQDU] G]LDVWHUXM FHZLGRNLHPVFHQ\

0CT\úF\KG*CPF6QQN

6NUyW:LQGRZVL0DF26²+

1DU] G]LH+DQGU NDVáX \GRSU]HVXZDQLDFDáHMVFHQ\E\OHSLHMZLG]LHüSHZQHREV]DU\

V]F]HJyOQLHSU]\GX \PSRZL NV]HQLX3R]DW\PSU]\WU]\PXM FNODZLV]6KLIWPR HP\

SU]HVXZDüVFHQ GRNáDGQLHZSR]LRPLHZSLRQLHOXESRGN WHPVWRSQL

3RGZÑMQHNOLNQLöFLHLNRQ\+DQGQDSDVNXQDU]öG]LVSRZRGXMHSRZLöNV]HQLH

OXESRPQLHMV]HQLHVFHQ\WDNE\E\äDMDNQDMZLöNV]DDOHMHGQRF]H QLHZFDäR FL

ZLGRF]QDQDHNUDQLHVNUÑW:LQGRZVv&WUO0DF26v2SHQ$SSOH

0CT\úF\KG<QQO6QQN\YCPGVG /CIPKHKECVKQP6QQN

6NUyW:LQGRZVL0DF26²=OXE0

1DU] G]LH=RRPSRZL NV]HQLHVWHUXMHVNDO ZMDNLHMZLG]LP\VFHQ 1DU] G]LHWRMHVW

EDUG]RSU]\GDWQHJG\WU]HEDZ\NRQDüEDUG]RV]F]HJyáRZHU\VXQNL:REV]DU]H2SWLRQV

SRMDZLDM VL GZLHRSFMHGODWHJRQDU] G]LDMDNZLGDüQDU\VXQNX8PR OLZLDM RQH

SU]Há F]DQLHSRZL NV]DQLDLSRPQLHMV]DQLDZFKZLOLNOLNDQLDQDU] G]LHPZREV]DU]H

VFHQ\

2SUyF]NOLNDQLDZREV]DUVFHQ\NWyU\FKFHP\SRZL NV]\üPR HP\UyZQLH

]D]QDF]DüSURVWRN WHPREV]DU\E\MHSRZL NV]\ü

6]\ENLHSU]Há F]DQLHSRZL NV]DQLDLSRPQLHMV]DQLDXPR OLZLDVNUyW$OWOHZ\SU]\FLVNP\V]\

QDNRPSXWHUDFK0DFLQWRVK&PGSU]\FLVNP\V]\²SU]\SWáXP

background image

%\ú è+

u

<CE\[PCO[RTCEúYG(NCUJW

4[UWPGM

'ZLHRSFMH

QDU]öG]LD=RRP

3RGREQLHMDNZSU]\SDGNXZLHOXLQQ\FKIXQNFML)ODVKDLVWQLHMHRZLHOHZL FHMVSRVREyZ

VWHURZDQLDSRZL NV]HQLHPVFHQ\2WRNUyWNDOLVWDVNUyWyZ

u

&WUO±²SRPQLHMV]HQLH

u

&WUO²SRZL NV]HQLH

u

&WUO²SRZL NV]HQLHGR

u

&WUO²QDMZL NV]HPR OLZHSRZL NV]HQLH]]DFKRZDQLHPZ\ URGNRZDQHJR

ZLGRNXFDáHMVFHQ\

u

&WUO²SRZL NV]HQLHGR

u

&WUO²SRZL NV]HQLHGR

3RGDQHVNUÑW\G]LDäDMñQDNRPSXWHUDFK3&8 \WNRZQLF\NRPSXWHUÑZ0DFLQWRVK

]DPLDVW&WUOSRZLQQLQDFLVQñè2SHQ$SSOH

1DU\CT6QQNU

:W\PREV]DU]H]JURPDG]RQRZV]\VWNLHQDU] G]LD GR NUH OHQLD NV]WDáWyZ PDQLSXOR

ZDQLDRELHNWDPLLWZRU]HQLDWHNVWXQDVFHQLH:DUWR]ZUyFLüV]F]HJyOQ XZDJ QDRSFMH

ND GHJR]QDU] G]LSRMDZLDM FHVL ZREV]DU]H2SWLRQVSDVND-DNMX ZVSRPQLDQR

ZLGRF]QHRSFMHE G VL ]PLHQLDüZUD]]H]PLDQ QDU] G]L:WUDNFLHSUH]HQWRZDQLD

QDU] G]LRSFMHE G]LHP\RPDZLDüRGJyU\ZGyáLRGOHZHMGRSUDZHMZNROHMQR FL

ZMDNLHMZ\VW SXM ZREV]DU]H2SWLRQV

0CT\úF\KG#TTQY

6NUyW:LQGRZVL0DF26²9

1DU] G]LH$UURZVWU]DáNDWRSRGVWDZRZHQDU] G]LHGR]D]QDF]DQLDZH)ODVKX2ELHNW\

PR QD]D]QDF]DüNOLNDM FZQLHOXENOLNDM FSR]DQLPLLUR]ZLMDM FUDPN REHMPXM F

WRFRFKFHP\]D]QDF]\ü$E\]D]QDF]\ü]DUyZQRNUDZ G MDNLZ\SHáQLHQLHNV]WDáWX

WU]HEDJRNOLNQ üGZXNURWQLH

1DU] G]LH$UURZPDWU]\RSFMH3LHUZV]DRSFMDWR6QDSWR2EMHFWVSU]\FL JDMGRRELHN

WyZ3RZá F]HQLXRSFMDWDSRPDJDSU]\FL JDüGRVLHELHRELHNW\]EOL DM FMHGRVLHELH

-HVWRQDEDUG]RSU]\GDWQDSU]\WZRU]HQLXSUHF\]\MQ\FKUR]NáDGyZHOHPHQWyZ3R]RVWDáH

GZLHRSFMHNWyUHPRJ E\üZ\V]DU]RQHWDNMDNQDU\VXQNXVáX GRPDQLSXORZDQLD

VHJPHQWDPLOLQLLQDVFHQLHLVWDM VL DNW\ZQHGRSLHURSR]D]QDF]HQLXOLQLL2WRGZLH

SR]RVWDáHRSFMH

background image

4Q\F\KC

u

6YQT\GPKGITCHKMKYG(NCUJW

u

6PRRWKZ\JáDG]DM²RSFMDWDSRZRGXMHZ\JáDG]HQLHRVWU\FKNUDZ G]L

]D]QDF]RQHMOLQLLSRND G\PMHMNOLNQL FLX

u

6WUDLJKWHQSURVWXM²RSFMDWDVWDUDVL Z\RVWU]\üNV]WDáW\NU]\Z\FK

]D]QDF]RQ\FKOLQLLSRND G\PNOLNQL FLX

4[UWPGM

2SFMHQDU]öG]LD$UURZ7RRO

vGZLHGROQHRSFMHVWDMñ

VLöGRVWöSQHGRSLHUR

SR]D]QDF]HQLXMDNLHM OLQLL

QDVFHQLH

u

3U]\SU]HPLHV]F]DQLXRELHNWX]DSRPRFñQDU]öG]LD$UURZPR HV]SU]\WU]\PDè

NODZLV]6KLIWDE\RELHNW\GDäRVLöSU]HPLHV]F]Dè]SLHUZRWQHMSR]\FMLW\ONRZ]GäX

ZLHORNURWQR FLNñWDVWRSQLLWG

u

3U]\WU]\PDQLHNODZLV]D$OWZF]DVLHSU]HPLHV]F]DQLD]D]QDF]RQHJRRELHNWX

VSRZRGXMH H]DPLDVWSU]HVXQLöFLDRU\JLQDäXXWZRU]RQD]RVWDQLHNRSLD

]D]QDF]RQHJRRELHNWXZPLHMVFXZNWÑU\P]ZROQLP\SU]\FLVNP\V]\

=D]QDF]RQ\RELHNWPR QDUÑZQLH SU]HVXZDèNODZLV]DPLNXUVRUD2ELHNWEöG]LH

SU]HVXZDèVLöZLöNV]\PLNURNDPLMH HOLNRU]\VWDMñF]NODZLV]\NXUVRUD

SU]\WU]\PDP\6KLIW

0CT\úF\KG5WDUGNGEVKQP

6NUyW:LQGRZVL0DF26²$

1DU] G]LHWRG]LDáDSRGREQLHGRQDU] G]LD$UURZDOHVáX \GR]D]QDF]DQLDSXQNWyZ

ZHNWRURZ\FK1DU] G]LHWRQLHPD DGQ\FKRSFML

0CT\úF\KG(TGG6TCPUHQTO

6NUyW:LQGRZVL0DF26²4

1DU] G]LHWRVáX \GRPDQLSXORZDQLDRELHNWDPLQDVFHQLH]DSR UHGQLFWZHPNLONXPDá\FK

NZDGUDFLNyZ]ZDQ\FKXFKZ\WDPLDQJKDQGOHVNWyUHSRMDZLDM VL ZRNyáRELHNWX

SRMHJR]D]QDF]HQLXQDU] G]LHP)UHH7UDQVIRUP.OLNDM FLSU]HFL JDM FWHNZDGUDFLNL

PR HP\VNDORZDüREUDFDüLSU]HNU]\ZLDü]D]QDF]RQ\RELHNW

1DU] G]LH)UHH7UDQVIRUPGRZROQHSU]HNV]WDáFDQLHPDQDVW SXM FHRSFMH

u

6QDSWR2EMHFWVSU]\FL JDQLHGRRELHNWyZ²Zá F]HQLHWHMRSFMLVSRZRGXMH

SU]\FL JDQLHXFKZ\WyZVNDORZDQLDGRLQQ\FKRELHNWyZQDVFHQLH

u

5RWDWHDQG6NHZURWDFMDLSU]HNU]\ZLDQLH²RSFMDWDVSUDZLD HQDUR QH

XFKZ\W\VWDM VL XFKZ\WDPLREUDFDQLDDXFKZ\W\ URGNRZHVWDM VL XFKZ\WDPL

SU]HNU]\ZLDQLD

u

6FDOHVNDORZDQLH²RSFMDWD]DPLHQLDZV]\VWNLHXFKZ\W\ZXFKZ\W\

VNDORZDQLD

background image

%\ú è+

u

<CE\[PCO[RTCEúYG(NCUJW

u

'LVWRUW]QLHNV]WDáFDQLH²RSFMDWDSU]HNV]WDáFDQDUR QLNLZQLH]DOH QHXFKZ\W\

]QLHNV]WDáFDQLDXPR OLZLDM FHSU]HFL JDQLHND GHJRQDUR QLND]RVREQD

PR QDWH ]DVWRVRZDü6KLIWE\VWHURZDüZMHGQHMFKZLOLGZRPDV VLHGQLPL

QDUR QLNDPLLWZRU]\üHIHNW]ELHJDQLDVL LFK

u

(QYHORSHREZLHGQLD²RSFMDWDWZRU]\RZLHOHZL FHMXFKZ\WyZQL SR]RVWDáH

á F]QLH]XFKZ\WDPLSR]ZDODM F\PL]DNU]\ZLDüRGFLQNL]D]QDF]RQHJRRELHNWX

'ZLHRVWDWQLHRSFMHQDU]öG]LD)UHH7UDQVIRUPPR QDVWRVRZDèQDNV]WDäWDFK

DQJVKDSHVDOHQLHGDVLöLFK]DVWRVRZDèGODHOHPHQWÑZJUDILF]Q\FKDQJJUDSKLFV

DQLNOLSÑZILOPRZ\FKDQJPRYLHFOLS

0CT\úF\KG)TCFKGPV6TCPUHQTO

6NUyW:LQGRZVL0DF26²)

1DU] G]LH*UDGLHQW7UDQVIRUPSU]HNV]WDáFDQLHJUDGLHQWyZVáX \GRXVWDZLDQLDJUDGLHQ

WyZLZ\SHáQLH ELWPDSRZ\FKNV]WDáWyZQDVFHQLH:]DOH QR FLRGURG]DMXJUDGLHQWX

]DVWRVRZDQHJRQDRELHNFLHSRMDZL VL Uy QH]HVWDZ\XFKZ\WyZGRXVWDZLDQLDSDUDPH

WUyZWDNLFKMDN URGHNUR]PLDULURWDFMDJUDGLHQWXFRZLGDüQDU\VXQNX1DU] G]LH

WRPDMHGQ RSFM ²6QDSWR2EMHFWVSU]\FL JDMGRRELHNWyZ3R]D]QDF]HQLXRSFMDWD

SRZRGXMH HXFKZ\W\]PLHQLDM FHUR]PLDUE G SU]\FL JDQHGRRELHNWyZQDVFHQLH

4[UWPGM

=DVWRVRZDQLH

XFKZ\WÑZVWHUXMñF\FK

JUDGLHQWHPWRSURVW\

VSRVÑEQDWZRU]HQLH

SUHF\]\MQ\FK

Z\SHäQLHþ

JUDGLHQWRZ\FK

0CT\úF\KG.KPG

6NUyW:LQGRZVL0DF26²1

1DU] G]LH/LQHOLQLDVáX \GRNUH OHQLDSURVW\FKRGFLQNyZRGMHGQHJRGRGUXJLHJR

SXQNWXQDVFHQLH:\VWDUF]\Z\EUDüQDU] G]LHNOLNQ üQDSXQNWNWyU\PDE\üSRF] WNLHP

RGFLQNDSRF]\PSU]HFL JQ üNXUVRUL]ZROQLüSU]\FLVNWDPJG]LHRGFLQHNSRZLQLHQ

VL NR F]\ü

background image

4Q\F\KC

u

6YQT\GPKGITCHKMKYG(NCUJW

1DU] G]LH/LQHPDQDVW SXM FHGZLHRSFMHQDSDVNXQDU] G]L

u

6QDSWR2EMHFWVSU]\FL JDQLHGRRELHNWyZ²SRGREQLHMDNZSU]\SDGNX

QDU] G]LD$UURZSRZá F]HQLXWHMRSFMLSRF] WNLLNR FHRGFLQNyZV SU]\FL JDQH

GRRELHNWyZSRRGSRZLHGQLPLFK]EOL HQLX

u

2EMHFW'UDZLQJNUH OHQLHRELHNWyZ²RSFMDWDRSLVDQDGRNáDGQLHMZGDOV]HM

F] FLWHJRUR]G]LDáXXPR OLZLDNUH OHQLHRELHNWyZ'UDZLQJ2EMHFWEH]SR UHGQLR

QDREV]DU]HVFHQ\VNUyW:LQGRZVL0DF26²-

u

8 \ZDMñFQDU]öG]LD$UURZPR HV]SU]\WU]\PDèNODZLV]6KLIWDE\NUH OLèOLQLH

W\ONRZ]GäX ZLHORNURWQR FLNñWDVWRSQLLWG

u

3U]\WU]\PDQLHNODZLV]D$OWZF]DVLHNUH OHQLDOLQLLVSRZRGXMH HEöG]LHRQD

NUH ORQDZGZÑFKNLHUXQNDFKRGSXQNWXSRF]ñWNRZHJR

:LQVSHNWRU]HZáD FLZR FLGRVW SQ\FKMHVWMHV]F]HZL FHMRSFMLGODQDU] G]LD/LQHFR

ZLGDüQDU\VXQNX'RVW SQHV WDPRSFMHXVWDZLHQLDNUHVNLDQJVWURNH]NWyU\FK

NRU]\VWDQDU] G]LH/LQH3RQL HM]QDMGXMHVL OLVWDW\FKRSFML

4[UWPGM

:LQVSHNWRU]H

ZäD FLZR FLPR QD

XVWDZLDèSDUDPHWU\

NUHVNL

u

6WURNH&RORUNRORUNUHVNL²NRORUOXEJUDGLHQWNUHVNL

7DNLVDPMDNZREV]DU]H&RORUSDVNDQDU] G]L

u

6WURNH+HLJKWJUXER üNUHVNL²JUXER üNUHVNL]]DNUHVXRGGR

JG]LHWRQDMJUXEV]DNUHVND

u

6WURNH6W\OHVW\ONUHVNL²GRVW SQ\FKMHVWWXNLONDSUHGHILQLRZDQ\FKVW\OyZ

NUHVNL2WRLFKOLVWD

u

+DLUOLQHZáRVRZDWD²NUHVNDZáRVRZDWDE G]LHPLDáD]DZV]HJUXER ü

MHGQHJRSLNVHODQLH]DOH QLHRG]DVWRVRZDQHJRVNDORZDQLD-HVWWRMHG\Q\

VW\ONUHVNLNWyU\QLHSRGOHJDVNDORZDQLX

u

6ROLGFL JáD²GRP\ OQ\VW\ONUHVNLNWyUHJRMHG\Q\PLRSFMDPLV UR]PLDU

NRORUL]DRVWU]DQLHNUDZ G]L6KDUS&RUQHUV

u

'DVKHGSU]HU\ZDQD²WHQVW\ONUHVNLWZRU]\OLQL SU]HU\ZDQ 0R OLZD

MHVW]PLDQDGáXJR FLNUHVNLLRGVW SXPL G]\NUHVNDPLZRNQLH6WURNH6W\OH

VW\ONUHVNLFRZ\PDJDQDFL QL FLDSU]\FLVNX&XVWRPZáDVQ\ZLQVSHNWRU]H

ZáD FLZR FL0R QDWDPWDN HXVWDZLDüLQQHDWU\EXW\NUHVNLWDNLHMDNUR]PLDU

NRORUL]DRVWU]DQLHNUDZ G]L6KDUS&RUQHUV

u

'RWWHGNURSNRZDQD²VW\ONUHVNLWZRU] F\OLQL XáR RQ ]UR]PLHV]F]RQ\FK

ZUyZQ\FKRGVW SDFKNURSHN0R OLZHMHVWXVWDZLDQLHRGVW SXPL G]\

NURSNDPLDWDN HVWDQGDUGRZ\FKDWU\EXWyZNUHVNL

background image

%\ú è+

u

<CE\[PCO[RTCEúYG(NCUJW

u

5DJJHGSRVWU] SLRQD²VW\ONUHVNLWZRU] F\OLQL RSRVWU] SLRQHMNUDZ G]L

VNáDGDM F VL ]HVNU]\ZLRQ\FKOLQLLLGUREQ\FKSXQNFLNyZ0R OLZHMHVW

XVWDZLHQLHZ]RUXSRIDORZDQLDRUD]GáXJR FLLZ\VRNR FLÄIDO´

u

6WULSSOHSODPNL²VW\ONUHVNLWZRU] F\OLQL VNáDGDM F VL ]PDá\FK

SODPHNNWyU\FKUR]PLDU\Uy QRURGQR üLJ VWR üPR QDXVWDZLDü

u

+DWFKHGNDUERZDQD²VW\ONUHVNLWZRU] F\OLQL VNáDGDM F VL ]ZLHOX

NUyWNLFKNUHVHNNDUEyZ0R OLZHMHVWXVWDZLDQLHJUXER FLFKRG]LWX

RJUXER üNDUEXDQLHJUXER üFDáHMNUHVNLRGVW SXSRUXV]HQLDREURWX

VNU]\ZLHQLDLGáXJR FLNDUEXDWDN HVWDQGDUGRZ\FKZáD FLZR FLNUHVNL

u

&XVWRPZáDVQH²RSFMDWDXPR OLZLDWZRU]HQLHZáDVQ\FKVW\OyZOLQLL

ZPDá\PRNQLHGLDORJRZ\PZLGRF]Q\PQDU\VXQNX

4[UWPGM

:RNQLH6WURNH6W\OH

PR QD]PLHQLDè

ZLöNV]R èZäD FLZR FL

NUHVNLLSURZDG]Lè

SRGJOñGHIHNWÑZ

W\FK]PLDQ

u

&DS]DNR F]HQLH²RSFMDWDVWHUXMHZ\JO GHP]DNR F]H RGFLQNyZ0R QD

M XVWDZLüQD1RQHEUDNDE\OLQLDSU]HU\ZDáDVL ZPLHMVFXMHM]DNR F]HQLD

DOERQD5RXQGRNU JáHOXE6TXDUHNZDGUDWRZHDE\NUHVND]DFKRZDáDVZRM

JUXER üUyZQLH QDNR FDFKRGFLQND

u

6WURNH+LQWLQJZVSRPDJDQLHNUH OHQLD²SR]D]QDF]HQLXRSFMDWDVXEWHOQLH

]PLHQLDXVWDZLHQLDSXQNWyZ]DF]HSLHQLDNU]\Z\FKLSURVW\FKDE\]DSRELHF

UR]P\FLX

u

6FDOHVNDORZDQLH²RSFMDWDVWHUXMH]DFKRZDQLHPNUHVNLZF]DVLHVNDORZDQLD

0R OLZHV WXF]WHU\XVWDZLHQLD

u

1RUPDOQRUPDOQLH²]DZV]HVNDOXMHJUXER üOLQLL7RXVWDZLHQLHMHVW

GRP\ OQH

u

1RQHQLJG\²QLJG\QLHVNDOXMHJUXER FLOLQLL

u

9HUWLFDOZSLRQLH²QLHVNDOXMHJUXER FLOLQLLSU]\VNDORZDQLXZSLRQLH

u

+RUL]RQWDOZSR]LRPLH²QLHVNDOXMHJUXER FLOLQLLSU]\VNDORZDQLX

ZSR]LRPLH

u

-RLQ]á F]H²RSFMDWDVWHUXMHZ\JO GHPQDUR QLNyZZPLHMVFDFKSU]HFLQDQLD

VL OLQLL0R OLZHV XVWDZLHQLD1RUPDOQRUPDOQLH0LWHUQDXNRVL%HYHO

]ID] SDWU]U\VXQHN3U]\XVWDZLHQLX0LWHUPR QDXVWDZLüWU\E0LWHU

/LPLWOLPLWXNRVXDE\]DSRELHFID]RZDQLX:WU\ELHW\POLQLHNWyUHSU]HNURF]

XVWDZLRQ ZDUWR ü]RVWDQ FL WHDQLHZ\RVWU]RQHGRSXQNWX

background image

4Q\F\KC

u

6YQT\GPKGITCHKMKYG(NCUJW

4[UWPGM

7U]\URG]DMH]äñF]OLQLL

0CT\úF\KG.CUUQ

6NUyW:LQGRZVL0DF26²/

1DU] G]LH/DVVRWRNROHMQHQDU] G]LHGR]D]QDF]DQLDDOHEDUG]LHMSUHF\]\MQHQL QDU] G]LH

$UURZ$E\GRNRQDü]D]QDF]HQLDZ\VWDUF]\QDNUH OLüNV]WDáWWDNMDNE\ SRVáXJLZDáVL

NWyU\P ]QDU] G]LNUH ODUVNLFK$E\UH]XOWDW\]D]QDF]HQLDE\á\]JRGQH]RF]HNLZDQ\PL

WU]HEDSDPL WDüRW\PE\GRPNQ üREU\VSU]HG]ZROQLHQLHPSU]\FLVNXP\V]\

1DU] G]LHWRPDNLONDRSFMLNWyUHXáDWZLDM GRNRQDQLHSR GDQHJR]D]QDF]HQLD3LHUZV]D

]QLFKWR0DJLF:DQGUy G ND2SFMD0DJLF:DQGVSRZRGXMH HREV]DU\E G ]D

]QDF]DQHQDSRGVWDZLHXVWDZLRQHJRSR]LRPXWROHUDQFML$E\XVWDZLüSR]LRPWROHUDQFML

7KUHVKROGZ\ELHU]RSFM QDSUDZRRG0DJLF:DQGD]REDF]\V]RNQRSRGREQHGRWHJR

]U\VXQNX7XWDMPR QDUyZQLH XVWDZLü6PRRWKLQJZ\JáDG]DQLHF]\OLVWRSLH

Z\JáDG]HQLD]D]QDF]RQHJRREV]DUX2WRPR OLZHXVWDZLHQLD

4[UWPGM

2SFMHQDU]öG]LD

0DJLF:DQG

u

6PRRWKZ\JáDG]DQLH²]D]QDF]RQ\REV]DUE G]LH]DRNU JORQ\

u

3L[HOVSLNVHOH²]D]QDF]RQ\]RVWDQLHREV]DURWRF]RQ\SLNVHODPLRSRGREQ\P

NRORU]H

u

5RXJK]JUXEQLH²]D]QDF]RQ\REV]DUE G]LHPLDáEDUG]LHMSRVWU] SLRQH

NUDZ G]LHQL SU]\XVWDZLHQLX3L[HOV

u

1RUPDOQRUPDOQLH²SR UHGQLVWRSLH Z\JáDG]HQLD]D]QDF]RQHJRREV]DUX

²SRPL G]\6PRRWKD3L[HOV

2VWDWQLD]RSFMLQDU] G]LD/DVVRWRRSFMD3RO\JRQ0RGHWU\EZLHORN WRZ\3R]D]QD

F]HQLXWHMRSFMLPR OLZHMHVWNUH OHQLHOLQLLRGSXQNWXGRSXQNWXLWZRU]HQLH]D]QDF]H

RSURVWRN WQ\PNV]WDáFLH

$E\RGUD]XSU]HM èGRWU\EX3RO\JRQ0RGHZ\VWDUF]\SU]\WU]\PDèNODZLV]$OW

NRU]\VWDMñF]QDU]öG]LD/DVVR

background image

%\ú è+

u

<CE\[PCO[RTCEúYG(NCUJW

0CT\úF\KG2GP

6NUyW:LQGRZVL0DF26²3

1DU] G]LH3HQSLyUNRWRNROHMQHQDU] G]LHGRNUH OHQLDSURVW\FKLNU]\Z\FK1DU]

G]LHP3HQNUH OLVL QLHFRLQDF]HMQL QDU] G]LHP/LQH:PLDU NOLNDQLDLSU]HPLHV]

F]DQLDNXUVRUDWZRU]RQHE G QRZHRGFLQNLOLQLLSRá F]RQH]SRSU]HGQLPL$E\NUH OLü

NU]\ZHZ\VWDUF]\SU]HFL JQ üNXUVRUZNLHUXQNXRG]D]QDF]RQHJRSXQNWX

1DU] G]LHWRPDW\ONRMHGQ RSFM 2EMHFW'UDZLQJDOHMHJRSUHIHUHQFMHPR QD]QDOH ü

ZRNQLH3UHIHUHQFHV(GLW3UHIHUHQFHVQD]DNáDGFH(GLWLQJ²VNUyW&WUO8

3RQDU\VRZDQLXSR GDQHJRNV]WDáWXOXEOLQLLPR HP\SRSUDZLDüZ\JO GNU]\Z\FK]D

SRPRF QDU] G]LD6XEVHOHFWLRQZ\ELHUDM FRGSRZLHGQLHXFKZ\W\-H HOLSRWU]HEXMHV]

GRGDWNRZ\FKXFKZ\WyZPR HV]MHGRGDZDüZGRZROQ\PPLHMVFXOLQLLQDU] G]LHP3HQ

u

6KRZ3HQ3UHYLHZSRND SRGJO GNUHVNL²SRZ\EUDQLXWHMRSFMLXND]\ZDQ\

MHVWSRGJO GQDVW SQHMNUHVNL]DQLP]RVWDQLHQDU\VRZDQDZRSDUFLXRELH F

SR]\FM NXUVRUD

u

6KRZ6ROLG3RLQWVSRND SXQNW\Z\SHáQLRQH²SR]D]QDF]HQLXRSFMD

RGZUyFLXVWDZLHQLDGRP\ OQH²]D]QDF]RQHSXQNW\XFKZ\W\E G

QLHZ\SHáQLRQHDQLH]D]QDF]RQHE G Z\SHáQLRQH

u

6KRZ3UHFLVH&XUVRUVSRND SUHF\]\MQ\NXUVRU²SRZ\EUDQLXRSFMDWD

VSRZRGXMHXND]\ZDQLHNXUVRUDZIRUPLHFHORZQLND]DPLDVWSLyUND

7HGZDWU\E\PR QDWDN HSU]Há F]DüNODZLV]HP&DSV/RFN

3R]DW\PLRSFMDPLSRGF]DVX \ZDQLDQDU] G]LD3HQRERNQLHJRSRMDZLDM VL VSHFMDOQH

PDOXWNLHLNRQ\SRPDJDM FHGRSUDFRZDüWZRU]RQ\U\VXQHN2WROLVWDW\FKVSHFMDOQ\FK

LNRQLVSRVRE\NRU]\VWDQLD]QLFK

u

±²SRMDZLDVL NLHG\SXQNWZHNWRURZ\PR QDXVXQ üNOLNDM FJR

u

²SRMDZLDVL NLHG\GRLVWQLHM FHMOLQLLPR QDGRGDüSXQNWZHNWRURZ\

u

A²SRMDZLDVL NLHG\SXQNWZHNWRURZ\PR QDSU]HNV]WDáFLüQDN WSURVW\

u

R²SRMDZLDVL NLHG\QDMHG]LHP\QDSRF] WNRZ\SXQNWNUH ORQHJRNV]WDáWX

XPR OLZLDM FGRPNQL FLHJRNOLNQL FLHP

u

[²SRMDZLDVL NLHG\QLHPD DGQHMOLQLLGRHG\FML

u

VWU]DáND]Z\SHáQLRQ\PJURWHP²XND]XMHVL NLHG\ZFL QL W\MHVWNODZLV]

6KLIWLNXUVRUMHVWSRQDGOLQL

u

VWU]DáND]SXVW\PJURWHP²XND]XMHVL NLHG\ZFL QL W\MHVWNODZLV]6KLIWLNXUVRU

MHVWSRQDGSXQNWHPZHNWRURZ\P

0CT\úF\KG6GZV

6NUyW:LQGRZVL0DF26²7

background image

4Q\F\KC

u

6YQT\GPKGITCHKMKYG(NCUJW

1DU] G]LHWRVáX \GRU F]QHJRWZRU]HQLDSyOWHNVWRZ\FKQDVFHQLH&RSUDZGDSROD

WHNVWRZH]DSUH]HQWXMHP\EDUG]RGRNáDGQLHZUR]G]LDOHDOHZW\PPLHMVFXPXVLP\

RPyZLüQDMZD QLHMV]HFHFK\QDU] G]LD7H[WWHNVW

.LHG\U\VXMHV]SROHWHNVWRZHNOLNQLMZPLHMVFXJG]LHPDSRMDZLüVL OHZ\JyUQ\UyJ

SRODLSU]HFL JQLMSROHZGyáLZSUDZRUR]FL JDQLHSRODZSU]HFLZQ\PNLHUXQNXGDMH

QLHRF]HNLZDQHUH]XOWDW\3RQDU\VRZDQLXSRODWHNVWRZHJRPR HV]U F]QLHZSLVDüZQLP

WHNVWL]DVWRVRZDüQDWHN FLHNLONDSRGVWDZRZ\FKRSFMLWHNVWRZ\FKWDNLFKMDNNRORUSRJUX

ELHQLHNXUV\ZDGRVW SQ\FKZLQVSHNWRU]HZáD FLZR FLSDWU]U\VXQHN

4[UWPGM

,QVSHNWRU

ZäD FLZR FL

SRZ\EUDQLX

QDU]öG]LD7H[W

:H)ODVKXPR QD]PLHQLDèUR]PLDU\SRODWHNVWRZHJR]D]QDF]DMñFMHQDU]öG]LHP

$UURZLNRU]\VWDMñF]XFKZ\WÑZNWÑUHSRMDZLñVLöZRNÑäQLHJR1LH]PLHQLDMUR]PLDUÑZ

SRODWHNVWRZHJRQDU]öG]LHP)UHH7UDQVIRUPFK\ED HFKFHV]]PLHQLèWDN HUR]PLDU

]DZDUWHJRZQLPWHNVWX

6 WU]\SRGVWDZRZHURG]DMHSyOWHNVWRZ\FK

u

6WDWLFVWDW\F]QH²MHVWWRSROHWHNVWRZHNWyUHJR]DZDUWR üPR HE\ü

]PLHQLDQDW\ONRZ URGRZLVNXSURMHNWRZDQLD

u

'\QDPLFG\QDPLF]QH²WRSROHWHNVWRZHPR QDHG\WRZDüZF]DVLH

SURMHNWRZDQLDRUD]ZWUDNFLHZ\NRQ\ZDQLDSRVáXJXM FVL ZáD FLZR FL

VGZV

OXE

XCT

u

,QSXWZSURZDG]DQLD²WRSROHWHNVWRZHSRGREQLHMDNSROHG\QDPLF]QH

PR QDHG\WRZDüZF]DVLHSURMHNWRZDQLDRUD]ZWUDNFLHZ\NRQ\ZDQLD3R]D

W\PX \WNRZQLNPR HZF]DVLHZ\NRQ\ZDQLDZSLV\ZDüZW\PSROXWHNVW

-DNMX ZVSRPQLDQRQDU] G]LHWR]RVWDQLHGRNáDGQLHMRSLVDQHZUR]G]LDOH

0CT\úF\KG1XCN

6NUyW:LQGRZVL0DF26²2

1DU] G]LH2YDORZDOVáX \GRNUH OHQLDRNU Já\FKNV]WDáWyZ1DU] G]LHWRPDGZLHRSFMH

3LHUZV]DWR2EMHFW'UDZLQJNWyUDGRNáDGQLHM]RVWDQLHRPyZLRQDWURFK GDOHM'UXJD

RSFMDWR6QDSWR2EMHFWVNWyUDSRZ\EUDQLXXPR OLZLDWZRU]HQLHLGHDOQ\FKRNU JyZ

SU]\UR]FL JDQLXLFKSRGN WHPVWRSQL,GHDOQHRNU JLPR QDUyZQLH NUH OLüSU]\

WU]\PXM FNODZLV]6KLIW

:H)ODVKXZSURZDG]RQRQRZ\VSRVyEWZRU]HQLDRZDOLQDVFHQLH:\VWDUF]\SU]\

WU]\PDüNODZLV]$OWLNOLNQ üZVFHQ DE\RWZDUáRVL RNQR2YDO6HWWLQJVXVWDZLHQLD

RZDODZLGRF]QHQDU\VXQNX7XWDMPR HP\ZSLVDüV]HURNR ü:LGWKLZ\VRNR ü

+HLJKWRZDOXRUD]]DGHF\GRZDüRW\PF]\NUH OLüRG URGNDNOLNQL WHJRSXQNWX'UDZ

IURPFHQWHUF]\PDRQE\üOHZ JyUQ ZVSyáU] GQ RZDOD

background image

%\ú è+

u

<CE\[PCO[RTCEúYG(NCUJW

4[UWPGM

2NQRGLDORJRZH2YDO

6HWWLQJVSR]ZDOD

WZRU]\èRZDOH

ZSLVXMñFLFK

SDUDPHWU\

.UH OñFRZDOPR HV]SU]\WU]\PDèNODZLV]$OWDE\NV]WDäWUR]ZLMDäVLöZRELHVWURQ\

FRSU]\VSLHV]\MHJReSU]\URVWs

0CT\úF\KG4GEVCPING

6NUyW:LQGRZVL0DF26²5

1DU] G]LH5HFWDQJOHSURVWRN WVáX \GRNUH OHQLDSURVWRN WQ\FKNV]WDáWyZ1DU] G]LH

WRPDWU]\RSFMH3LHUZV]DWR2EMHFW'UDZLQJ'UXJDRSFMD6QDSWR2EMHFWVXPR OLZLD

NUH OHQLHLGHDOQ\FKNZDGUDWyZUR]FL JDM FUDPN SRGN WHPVWRSQL3RQRZQLHWHQ

VDPHIHNWPR QDX]\VNDüSU]\WU]\PXM FNODZLV]6KLIWZF]DVLHNUH OHQLDSURVWRN WD

7U]HFLDRSFMDWR5RXQG5HFWDQJOH5DGLXVSURPLH ]DRNU JOHQLDQDUR QLNyZ3RZ\

EUDQLXWHMRSFMLDOERSRGZyMQ\PNOLNQL FLXQDU] G]LD5HFWDQJOHQDSDVNXQDU] G]LSRMDZL

VL RNQR5HFWDQJOH6HWWLQJVXVWDZLHQLDSURVWRN WDZNWyU\PPR QDRNUH OLüVWRSLH

]DRNU JOHQLDQDUR QLNyZSURVWRN WDZ]DNUHVLHRGGR

3RGREQLHMDNZSU]\SDGNXRZDOLPR HP\WHUD]WZRU]\üSURVWRN W\QDVFHQLHEH]NR

QLHF]QR FLRGU F]QHJRLFKNUH OHQLD:\VWDUF]\SU]\WU]\PDüNODZLV]$OWLNOLNQ üZREV]DU

VFHQ\DE\XND]DáRVL RNQR5HFWDQJOH6HWWLQJVZLGRF]QHQDU\VXQNX7XWDMPR HP\

XVWDZLüV]HURNR üZ\VRNR üL]DRNU JOHQLHQDUR QLNyZRUD]RNUH OLüF]\SXQNWNWyU\

NOLNQ OL P\PDE\ü URGNLHPF]\OHZ\PJyUQ\PURJLHPSURVWRN WD

4[UWPGM

2NQRGLDORJRZH

5HFWDQJOH6HWWLQJV

GRWZRU]HQLD

SURVWRNñWÑZ

QDSRGVWDZLH

ZSLVDQ\FK

SDUDPHWUÑZ

u

%\ZD HWUXGQR]JÑU\RNUH OLèVWRSLHþ]DRNUñJOHQLDQDUR QLNÑZPR HV]ZLöF

VWRSQLRZR]ZLöNV]DèOXE]PQLHMV]Dè]DRNUñJOHQLHSU]\WU]\PXMñFNODZLV]HNXUVRUD

ZJÑUöLZGÑä

u

-H HOLNUH OñFSURVWRNñWSU]\WU]\PDV]NODZLV]$OWNUH OHQLHQDVWñSLZGZÑFK

NLHUXQNDFKLUR]PLDUILJXU\EöG]LHUÑVäGZDUD]\V]\EFLHM

0CT\úF\KG2QN[5VCT

6NUyWEUDN

1DU] G]LH3RO\6WDUZLHORN WJZLD]GDVáX \GRNUH OHQLDZLHORN WyZOXEJZLD]G$E\

Z\EUDüWRQDU] G]LHNOLNQLMLSU]\WU]\PDMQDU] G]LH5HFWDQJOH3RMDZLVL SRGPHQX

background image

4Q\F\KC

u

6YQT\GPKGITCHKMKYG(NCUJW

ZLGRF]QHQDU\VXQNX:\ELHU]]QLHJRQDU] G]LH3RO\6WDU1LHLVWQLHMH DGHQNOD

ZLV]VNUyWXGRWHJRQDU] G]LD

4[UWPGM

:\EÑUQDU]öG]LD

3RO\6WDU

3RZ\EUDQLXQDU] G]LD3RO\6WDUXND VL WDNLHVDPHRSFMHMDNGODQDU] G]L5HFWDQJOH

L2YDO²2EMHFW'UDZLQJL6QDSWR2EMHFWV'RGDWNRZDRSFMD2SWLRQVSRMDZLDVL

ZLQVSHNWRU]HZáD FLZR FLZLGRF]Q\PQDU\VXQNX3RMHMNOLNQL FLXRWZLHUDVL

RNQRGLDORJRZH7RRO6HWWLQJVZNWyU\PPR HP\Z\EUDüJZLD]G OXEZLHORN WLOR ü

ERNyZOXESXQNWyZSU]\NUH OHQLXJZLD]G\RUD]UR]PLDUSXQNWXJZLD]G\NWyU\GRW\F]\

W\ONRJZLD]G

4[UWPGM

3RNOLNQLöFLX

SU]\FLVNX2SWLRQV

RWZLHUDVLöRNQR

GLDORJRZH7RRO

6HWWLQJV

0DNV\PDOQDLOR èERNÑZWRDPLQLPDOQDWR0DNV\PDOQ\UR]PLDUSXQNWXWR

DPLQLPDOQ\WR

.UH OHQLHZLHORN WyZLJZLD]GMHVWQLHFRWUXGQLHMV]HSRQLHZD ZRGUy QLHQLXRGLQQ\FK

NV]WDáWyZWXWDMUR]FL JDM FUR]PLDUNRQWUROXMHP\UyZQLH URWDFM NV]WDáWX

3U]\WU]\PDQLHNODZLV]D6KLIWZWUDNFLHNUH OHQLDZLHORNñWDOXEJZLD]G\VSUDZLD

HNUH ORQHVñRQHW\ONR]URWDFMñEöGñFñZLHORNURWQR FLñVWRSQL

0CT\úF\KG2GPEKN

6NUyW:LQGRZVL0DF26²<

1DU] G]LH3HQFLORáyZHNVáX \GRNUH OHQLDOLQLLDOHZRGUy QLHQLXRGQDU] G]LD/LQH

NWyUHNUH OLRGSXQNWXGRSXQNWXQDU] G]LD3HQFLOPR QDX \ZDüMDNQRUPDOQ\RáyZHN

3RVLDGDRQRNLONDRSFMLXáDWZLDM F\FKU\VRZDQLHRGU F]QHFRZLGDüQDU\VXQNX

RUD]RSFM 2EMHFW'UDZLQJZ\VW SXM F ZHZV]\VWNLFKQDU] G]LDFKNUH ODUVNLFK

4[UWPGM

2SFMHQDU]öG]LD

3HQFLO

background image

%\ú è+

u

<CE\[PCO[RTCEúYG(NCUJW

2WROLVWDW\FKRSFMLRUD]RSLVLFKG]LDáDQLD

u

6WUDLJKWHQSURVWRZDQLH²MHVWWRGRP\ OQHXVWDZLHQLHQDU] G]LD3HQFLO

NWyUHSRPDJDZNUH OHQLXLGHDOQ\FKNV]WDáWyZWDNLFKMDNSURVWRN W\LNyáND

0R HV]RNUH ODüVWRSLH UR]SR]QDZDQLDNV]WDáWyZRUD]RSFMHZ\JáDG]DQLD

ZSDQHOX3UHIHUHQFHV

u

6PRRWKZ\JáDG]DQLH²RSFMDWDSRZRGXMH HRVWUHNUDZ G]LHNUH ORQ\FK

OLQLLV ]DRNU JODQH

:UD]]]D]QDF]HQLHPRSFMLZ\JäDG]DQLDZLQVSHNWRU]HZäD FLZR FLXDNW\ZQLDVLö

RSFMD6PRRWKLQJNWÑUHMPR QDSU]\SLVDèZDUWR FLRGGRVWHUXMñFVWRSQLHP

Z\JäDG]DQLDOLQLL

(IHNW\U\VRZDQLDSU]\]DVWRVRZDQLXND GHM]SRZ\ V]\FKRSFMLXND]DQR

QDU\VXQNX

4[UWPGM

5Ñ QLFDZHIHNWDFK

U\VRZDQLDSU]\

]DVWRVRZDQLXUÑ Q\FK

RSFMLRäÑZNDMHVW

HZLGHQWQD

u

,QNDWUDPHQW²WDRSFMDVSUDZLD HQDU] G]LH3HQFLOG]LDáDQLHPDOWDNVDPR

MDNSUDZG]LZ\RáyZHNDU\VRZDQHOLQLHQLHV Z DGHQVSRVyEDXWRPDW\F]QLH

SRSUDZLDQH

0CT\úF\KG$TWUJ

6NUyW:LQGRZVL0DF26²%

1DU] G]LH%UXVKS G]HOVáX \GRPDORZDQLDSRVFHQLHSRGREQLHMDNSUDZG]LZ\P

S G]OHP : RGUy QLHQLX RG QDU] G]LD 3HQFLO RSFMH NRORUX DSOLNRZDQHJR QDU] G]LHP

%UXVKV XVWDZLDQHNRORUHPZ\SHáQLHQLD,VWQLHMHWH NLONDLQQ\FKRSFMLQDU] G]LD%UXVK

NWyUHPRG\ILNXM VSRVyEG]LDáDQLDS G]ODRUD]ZV] GRE\OVNDRSFMD2EMHFW'UDZLQJ3LHUZ

V]DRSFMDWRWU\ESUDF\QDU] G]LD%UXVKNWyU PR QDXVWDZLüQDQDVW SXM FHZDUWR FL

u

3DLQW1RUPDOPDOXMQRUPDOQLH²GRP\ OQ\WU\ESUDF\S G]ODNWyU\SR]ZDOD

PDORZDüZGRZROQ\PPLHMVFXQDVFHQLH

u

3DLQW)LOOVPDOXMZ\SHáQLHQLD²RSFMDSRGREQDGR3DLQW1RUPDO

DOHSRZRGXMH HPDORZDQLHQLHG]LDáDQD DGQ\FKOLQLDFKQDVFHQLH

u

3DLQW%HKLQGPDOXM]W\áX²RSFMDWDZá F]DPDORZDQLH]DZV]HONLPL

QDU\VRZDQ\PLZF]H QLHMNV]WDáWDPLOXERELHNWDPLQDVFHQLH

background image

4Q\F\KC

u

6YQT\GPKGITCHKMKYG(NCUJW

u

3DLQW6HOHFWLRQPDOXM]D]QDF]RQH²RSFMDWDXPR OLZLDPDORZDQLHW\ONR

W\FKNV]WDáWyZNWyUH]RVWDá\]D]QDF]RQH

u

3DLQW,QVLGHPDOXMZHZQ WU]²RSFMDWDXPR OLZLDPDORZDQLHW\ONRZHZQ WU]X

RELHNWXZNWyU\P]DF] OL P\PDORZDü-H HOLQDSU]\NáDG]DF]QLHP\PDORZDü

ZSURVWRN FLHWRS G]HOE G]LHG]LDáDáW\ONRZREU ELHWHJRSURVWRN WD-H HOL

]NROHL]DF]QLHP\PDORZDüSR]DW\PSURVWRN WHPWRPR OLZHE G]LHPDORZDQLH

QDFDáHMVFHQLH

,QQHRSFMHNWyUHPDM ZSá\ZQDVSRVyEPDORZDQLDWRUR]PLDUS G]ODRGRNRáRSLNVHOD

GRSLNVHOLRUD]VW\OS G]ODUy QHVW\OHSRND]DQRQDU\VXQNX

4[UWPGM

5Ñ QHVW\OHSöG]OL

GODQDU]öG]LD%UXVK

.LHG\VWRVXMHV]QDU]öG]LH%UXVK]ZUÑèXZDJöQDWR HUR]PLDU\SöG]OLQLHVñZ]JOöGQH

vLPEDUG]LHMSRZLöNV]\V]ZLGRNVFHQ\W\PZLöNV]\EöG]LH]DPDORZ\ZDQ\REV]DU

2VWDWQLDRSFMDS G]ODWR/RFN)LOOEORNXMZ\SHáQLHQLH3RMHMZ\EUDQLXZ\SHáQLHQLD

JUDGLHQWRZHOXEELWPDSRZHRPDZLDQHZGDOV]HMF] FLUR]G]LDáXVWDM VL VSyMQLHMV]H

QDSU]HVWU]HQLNLONXZ\SHáQLRQ\FKHOHPHQWyZ

0CT\úF\KG+PM$QVVNG

6NUyW:LQGRZVL0DF26²6

1DU] G]LH,QN%RWWOHNDáDPDU]VáX \GRPRG\ILNRZDQLDVHJPHQWyZOLQLLQDVFHQLHSR

SU]H]ZáD FLZR FLNUHVNL&RSUDZGDQLHPDRQRRSFMLZREV]DU]H2SWLRQVSDVNDQDU]

G]LDOHPR HP\XVWDZLDüSDUDPHWU\NUHVNLZLQVSHNWRU]HZáD FLZR FL3RWHPPR HP\

DSOLNRZDüWHXVWDZLHQLDNOLNDM FVHJPHQW\OLQLLQDU] G]LHP,QN%RWWOH

0CT\úF\KG2CKPV$WEMGV

6NUyW:LQGRZVL0DF26².

1DU] G]LH3DLQW%XFNHWZLDGUR]IDUE VáX \GRPRG\ILNRZDQLDZ\SHáQLH NV]WDáWyZ

QD VFHQLH :\ELHU] NRORU OXE JUDGLHQW MDNL FKFHV] ]DVWRVRZDü L NOLNQLM Z\SHáQLHQLH

NWyUHFKFHV]]PRG\ILNRZDü

background image

%\ú è+

u

<CE\[PCO[RTCEúYG(NCUJW

1DU] G]LH3DLQW%XFNHWPDGZLHRSFMH

u

*DS&ORVLQJGRP\NDQLHOXN²Z\EUDQLHWHMRSFMLSRZRGXMHUR]ZLQL FLH

PHQXZLGRF]QHJRQDU\VXQNXSR]ZDODM FHJRZ\ELHUDüUy QHGRSXV]F]DOQH

UR]PLDU\OXNPL G]\REU\VDPLZ\SHáQLH DE\]DSRELHFÄZ\ODQLX´VL IDUE\SR]D

Z\SHáQLDQ\NV]WDáW

4[UWPGM

:\EÑUGRSXV]F]DOQHJR

UR]PLDUXOXN

GODQDU]öG]LD

3DLQW%XFNHW

u

/RFN)LOOEORNXMZ\SHáQLHQLH²RSFMDWDSRPDJDZWZRU]HQLXJUDGLHQWyZ

NWyUHSR]RVWDM VSyMQHQDSU]HVWU]HQLNLONXZ\SHáQLDQ\FKNV]WDáWyZ

0CT\úF\KG'[GFTQRRGT

6NUyW:LQGRZVL0DF26²,

1DU] G]LH(\HGURSSHU]DNUDSODF]VáX \GRSUyENRZDQLDZáD FLZR FLNRQWXUyZOXE

Z\SHáQLH 3RQDMHFKDQLXQDNRQWXUOXEZ\SHáQLHQLHNV]WDáWXSRMDZLVL PDáDLNRQD]D

NUDSODF]D ZVND]XM FD WU\E SUDF\ 3R GRNRQDQLX ]D]QDF]HQLD QDU] G]LH DXWRPDW\F]QLH

SU]Há F]\VL QDQDU] G]LH3DLQW%XFNHWZSU]\SDGNXZ\SHáQLHQLDOXE,QN%RWWOHZSU]\

SDGNXNRQWXUX

-H HOLNRU]\VWDMñF]QDU]öG]LD(\HGURSSHUSU]\WU]\PDV]NODZLV]6KLIWZF]DVLH

]D]QDF]DQLDWR]DUÑZQRNRORUZ\SHäQLHQLDMDNLNRQWXUX]PLHQLñVLöQDNRORU\

]D]QDF]RQHJRNV]WDäWX

0CT\úF\KG'TCUGT

6NUyW:LQGRZVL0DF26²(

1DU] G]LH(UDVHUJXPNDVáX \GRJXPRZDQLDNRQWXUyZRUD]Z\SHáQLH 3R]DUR]ZL

MDQ\PLPHQXUR]PLDUyZLNV]WDáWyZJXPHNSDWU]U\VXQHNQDU] G]LHWRPDMHV]F]H

GZLHRSFMH3LHUZV]DSR]ZDODSU]Há F]DüWU\E\JXPRZDQLD

4[UWPGM

5Ñ QHWU\E\

JXPRZDQLD

QDU]öG]LD(UDVHU

background image

4Q\F\KC

u

6YQT\GPKGITCHKMKYG(NCUJW

u

(UDVH1RUPDOJXPXMQRUPDOQLH²XVWDZLHQLHGRP\ OQHSU]\NWyU\P

QDU] G]LH(UDVHUJXPXMH]DUyZQRNRQWXU\MDNLZ\SHáQLHQLD

u

(UDVH)LOOVJXPXMZ\SHáQLHQLD²SRZá F]HQLXWHMRSFMLJXPRZDQHV W\ONR

Z\SHáQLHQLDDNRQWXU\SR]RVWDM QLHQDUXV]RQH

u

(UDVH/LQHVJXPXMNRQWXU\²GRNáDGQHSU]HFLZLH VWZRSRSU]HGQLHMRSFML

²W\PUD]HPJXPRZDQHV Z\á F]QLHNRQWXU\

u

(UDVH6HOHFWHG)LOOVJXPXM]D]QDF]RQHZ\SHáQLHQLD²SRZá F]HQLXWHMRSFML

JXPNDE G]LHG]LDáDüW\ONRQD]D]QDF]RQ\FKZ\SHáQLHQLDFK

u

(UDVH,QVLGHJXPXMZHZQ WU]²WDRSFMDSRZRGXMH HJXPRZDQHV W\ONR

Z\SHáQLHQLDNV]WDáWXZREU ELHNWyUHJR]DF] OL P\JXPRZDQLH

'UXJDRSFMDQDU] G]LD(UDVHUWR)DXFHWNUDQ2SFMDWDSR]D]QDF]HQLX]DPLHQLDJXPN

ZÄPDJLF]Q Uy G N ´:\VWDUF]\NOLNQ üNRQWXUOXEZ\SHáQLHQLHMDNLHFKFHP\XVXQ ü

D]RVWDQLHRQRXVXQL WH

$E\JXPRZDèSRLGHDOQLHSURVW\FKOLQLDFKQDOH \SRGF]DVJXPRZDQLDSU]\WU]\PDè

NODZLV]6KLIWQLHG]LDäDZWU\ELH)DXFHW

&RSUDZGDQDU]öG]LH(UDVHUSRPDJDV]\ENRSR]E\èVLöNV]WDäWÑZLOLQLL]HVFHQ\

DOHQLHG]LDäDQDRELHNWDFKQLHSURVW\FKWDNLFKMDNJUXS\JUDILNLNOLS\ILOPRZH

LSRODWHNVWRZH']LDäD]DWRQDRELHNWDFK'UDZLQJ2EMHFW

2PyZLOL P\MX SRNUyWFHMDNG]LDáDM NRORU\DOHZW\PSXQNFLHUR]V]HU]\P\WHQWHPDW

RUD]SU]HGVWDZLP\JUDGLHQW\RSLVXM FMDNG]LDáDM LMDNMHWZRU]\ü

1DMSURVWV]\PVSRVREHPXVWDZLDQLDNRORUyZMHVWX \FLHSDQHOL&RORU6ZDWFKHVSUyEQLNL

NRORUyZL&RORU0L[HUPLHV]DUNDNRORUyZ

2CPGN%QNQT5YCVEJGU

:LQGRZV&RORU6ZDWFKHV&WUO)

-DNZLGDüQDU\VXQNXSDQHO&RORU6ZDWFKHV]DZLHUDVWDQGDUGRZ\FKNRORUyZ

VLHFL:::RUD]QDGROHNLONDJUDGLHQWyZNWyUHPR QDZ\ELHUDü2GFLHQLHWHPR QD

SRVRUWRZDüJUXSXM FNRORUDPLOXESR]RVWDZLüZVWDQGDUGRZ\PXNáDG]LH.RORU\PR QD

GRGDZDü]SOLNyZNRORUyZFOUNWyUHPR QD]QDOH üZNDWDORJX&?3URJUDP)LOHV?

0DFURPHGLD?)ODVK?HQ?)LUVW5XQ?&RORU6HWV0R QDWH GRGDüNRORU]JRWRZHMJUDILNL

ZSU]HGVWDZLRQ\SRQL HMVSRVyE

background image

%\ú è+

u

<CE\[PCO[RTCEúYG(NCUJW

4[UWPGM

3DQHO&RORU6ZDWFKHV

2WZyU]SDQHO&RORU6ZDWFKHV

=SRGPHQXSDQHOXZ\ELHU]$GG&RORUVGRGDMNRORU\

:\ELHU]GRZROQ\SOLN*,)OXEX \MSOLNXLPDJHBJLINWyU\PR QD]QDOH ü

Z UyGPDWHULDáyZGRá F]RQ\FKGRNVL NL

7RZV]\VWNR7HUD]ZQDV]HMSDOHFLHPDP\ZV]\VWNLHNRORU\]SOLNX*,)-H HOLQLHZLGDü

DGQ\FK]PLDQZNRORUDFKZSDQHOXWR]QDF]\ HZ\EUDQ\*,)QLHZSURZDG]Lá DGQ\FK

QRZ\FKNRORUyZ:yZF]DVPR QDVSUyERZDü]REUD]HP*,)RZ\ V]HMMDNR FL ZLHWQLH

QDGDM VL ZW\PFHOXIRWRJUDILHQDWXU\

.LHG\PDP\MX ZSUyEQLNDFKQRZHNRORU\PR HP\MH]DSLVDüZSOLNXFOUDOERQDZHW

XVWDZLüMDNRGRP\ OQHZW\PVDP\PSRGPHQX

2CPGN%QNQT/KZGT

:LQGRZV&RORU0L[HU6KLIW)

:SDQHOX&RORU0L[HUPLHV]DUNDNRORUyZPR QDWZRU]\üLHG\WRZDüNRORU\RUD]

JUDGLHQW\-DNZLGDüQDU\VXQNXSDQHO&RORU0L[HUUy QLVL QLHFRRGSDQHOX&RORU

6ZDWFKHVDOHSDQHOLW\FKPR QDX \ZDüZVSyOQLHGRWZRU]HQLDL]DFKRZ\ZDQLDNRORUyZ

RUD]JUDGLHQWyZ

4[UWPGM

3DQHO&RORU0L[HU

3RQL V]HNURNLRSLVXM MDNGRNRQDüHG\FMLJUDGLHQWXL]DFKRZDüJRSRVáXJXM FVL SDQHOHP

&RORU0L[HU

1DU\VXMQDVFHQLHRZDOZ\SHáQLRQ\MHGQROLW\PNRORUHP

background image

4Q\F\KC

u

6YQT\GPKGITCHKMKYG(NCUJW

:RWZDUW\PSDQHOX&RORU0L[HUZ\ELHU]5DGLDOUDGLDOQH]UR]ZLMDQHJRPHQX

7\SHW\SZ\SHáQLHQLDSDWU]U\VXQHN

0R HV]Z\EUDüGRZROQ\]XFKZ\WyZLSU]HVXZDüJRSRSDVNXNRORUX

OXEFDáNRZLFLH]PLHQLüEDUZ SDVNDZ\ELHUDM FQRZ\NRORU]UR]ZLMDQHJRPHQX

NRORUyZ0R HV]WDN HGRGDüNRORU\GRSDVNDNRORUyZNOLNDM FNLHG\SRMDZL

VL ELDá\V\PEROSOXVD

.LHG\E G]LHV]MX ]DGRZRORQ\]QRZHJRJUDGLHQWXZ\ELHU]]PHQXSDQHOX

&RORU0L[HUSROHFHQLH$GG6ZDWFKGRGDMSUyEN

*UDGLHQW\PRJñVNäDGDèVLöPDNV\PDOQLH]UÑ Q\FKNRORUÑZ

=G \OL P\MX RPyZLüZW\PUR]G]LDOHMDNNUH OLüPRG\ILNRZDüLXVXZDüNV]WDáW\]H

VFHQ\&]DVQDNLONDZVND]yZHNRGQR QLHLFKJUXSRZDQLD

)TWR[

:QDVW SQ\PUR]G]LDOHGRZLHP\VL MDN]DPLHQLDüSURVWHRELHNW\QDV\PEROHJUDILF]QH

*UDSKLFFRVWDQRZLWUZDOV]\VSRVyEJUXSRZDQLDNV]WDáWyZ=Z\NáHJUXSRZDQLHNV]WDá

WyZMHVWRZLHOHPQLHMWUZDá\PUR]ZL ]DQLHPSRQLHZD JUXSRZDQLHLUR]JUXSRZ\ZDQLH

MHVWEDUG]RSURVWHLV]\ENLH

$E\]JUXSRZDü]HVRE NLOND]D]QDF]RQ\FKHOHPHQWyZZ\ELHU]0RGLI\*URXSJUXSXM

&WUO*$E\MHUR]JUXSRZDüZ\ELHU]0RGLI\8QJURXSUR]JUXSXM&WUO6KLIW*OXE

&WUO%

1DKGMV[&TCYKPI1DLGEV

6SHFMDOQ\PURG]DMHPJUXS\V QRZHZH)ODVKXRELHNW\'UDZLQJ2EMHFWRELHNW\

NUH ODUVNLH0R OLZHMHVWDXWRPDW\F]QHNUH OHQLHNV]WDáWyZMDNRRELHNWyZ'UDZLQJ

2EMHFWMH HOLZá F]\P\RSFM 'UDZLQJ2EMHFWGDQHJRQDU] G]LDVNUyW-0R QDMH

WDN HWZRU]\ü]D]QDF]DM F]Z\NáHNV]WDáW\LLQQHRELHNW\NUH ODUVNLHLZ\ELHUDM F

0RGLI\&RPELQH2EMHFWV8QLRQ

8QLNDOQ FHFK RELHNWyZ'UDZLQJ2EMHFWMHVWWR HQLH]DFKRZXM VL MDN]Z\NáHNV]WDáW\

DOHPLPRWRPR QDMHPRG\ILNRZDüZWDNLVDPVSRVyEMDN]Z\NáHNV]WDáW\]DSRPRF

QDU] G]L$UURZ3DLQW%XFNHW(UDVHULLQQ\FKQDU] G]LNUH ODUVNLFKEH]NRQLHF]QR FL

GZXNURWQHJRNOLNDQLDRELHNWXE\SU]HM üZWU\EHG\FML0R QDMHWH HG\WRZDü]SR]LRPX

LQVSHNWRUDZáD FLZR FLF]HJRQLHPR QDURELü]JUXSDPLSDWU]U\VXQHN=NROHL

RELHNW\NUH ODUVNLHSRGREQLHMDNJUXS\PR QDXNáDGDüQDVRELHQDWHMVDPHMZDUVWZLH

EH]REDZ\ HNV]WDáW\E G VL Z]DMHPQLHQDUXV]Dü

background image

%\ú è+

u

<CE\[PCO[RTCEúYG(NCUJW

4[UWPGM

,QVSHNWRUZäD FLZR FL

SRZ\EUDQLXJUXS\

LRELHNWXNUH ODUVNLHJR

0R HV]MHGQDNVSUDZLüE\RELHNW\QDUXV]Dá\VL Z]DMHPQLHQDNáDGDM FMHQDVLHELH

LZ\ELHUDM FNWyU ]RSFMLZPHQX0RGLI\&RPELQH2EMHFWV

u

,QWHUVHFWF] üZVSyOQD²SR]RVWDZLDW\ONRW F] üNV]WDáWXJG]LHQDNáDGDá\

VL ZV]\VWNLHá F]RQHNV]WDáW\

u

3XQFKZ\GU ²ZHZV]\VWNLFKNV]WDáWDFK]QDMGXM F\FKVL SRGZLHU]FKQLP

NV]WDáWHPXVXZDF] FL]DVáDQLDQHSU]H]WHQNV]WDáW

u

&URSSU]\WQLM²ZHZV]\VWNLFKNV]WDáWDFK]QDMGXM F\FKVL SRGZLHU]FKQLP

NV]WDáWHPSR]RVWDZLDW\ONRF] FL]DVáDQLDQHSU]H]WHQNV]WDáW-HVWWRGRNáDGQH

SU]HFLZLH VWZRRSFML3XQFK

']LDáDQLHWHMRSFMLPR QD]REDF]\üQDU\VXQNX

4[UWPGM

6NXWNLG]LDäDQLD

UÑ Q\FKRSFML

SROHFHQLD

&RPELQH2EMHFWV

5RKúVT\CPKGITWR

*G\MX ]DF]QLHV]HNVSHU\PHQWRZDü]JUXSRZDQLHPNV]WDáWyZZJUXS\OXERELHNW\

NUH ODUVNLH]DXZD \V] H]JUXSRZDQHHOHPHQW\SL WU] VL ZSHZQHMNROHMQR FL2SFMH

GRVW SQHSRZ\EUDQLX0RGLI\$UUDQJHNROHMQR üSRPDJDM LQJHURZDüZW NROHMQR ü

u

%ULQJWR)URQWSU]HQLH QDZLHU]FK²SU]HQRVL]D]QDF]RQ\RELHNWQDZLHU]FKQL

SR]LRPGDQHMZDUVWZ\&WUO6KLIWVWU]DáNDZJyU

u

%ULQJ)RUZDUGSU]HQLH SR]LRPZ\ HM²SU]HQRVL]D]QDF]RQ\RELHNWRMHGHQ

SR]LRPZ\ HM&WUOVWU]DáNDZJyU

background image

4Q\F\KC

u

6YQT\GPKGITCHKMKYG(NCUJW

u

6HQG%DFNZDUGSU]HQLH SR]LRPQL HM²SU]HQRVL]D]QDF]RQ\RELHNWRMHGHQ

SR]LRPQL HM&WUOVWU]DáNDZGyá

u

6HQGWR%DFNSU]HQLH QDVSyG²SU]HQRVL]D]QDF]RQ\RELHNWQDVSyGGDQHM

ZDUVWZ\&WUO6KLIWVWU]DáNDZGyá

0R QDWDN HEORNRZDüNV]WDáW\QDZDUVWZLHWDNE\QLHGDáRVL LFK]D]QDF]\üLSRWHP

RGEORNRZ\ZDüMHZFHOX]D]QDF]HQLD

6NRURMX ZLHV]MDNSUDFRZDü]NV]WDáWDPLJUXSDPLLRELHNWDPL'UDZLQJ2EMHFWF]DV

SU]HM üGRELWPDS

&RSUDZGDUR]PLDU\JUDILNLZHNWRURZHMV PQLHMV]HDOHF]DVDPLPXVLP\MHGQDNVNR

U]\VWDü]JUDILNLELWPDSRZHM3R]DLPSRUWRZDQLXELWPDS\GR)ODVKDPR QDSU]HNV]WDáFLü

M ZV\PEROZELEOLRWHFHZL FHMQDWHPDWELEOLRWHNLLV\PEROLZUR]G]LDOH2]QDF]D

WR HPR HP\QL PDQLSXORZDüWDNVDPRMDNJUXS OXELQQ\PV\PEROHPF]\OLVNDORZDü

LREUDFDü

$E\]DLPSRUWRZDüELWPDS GR)ODVKDQDOH \Z\NRQDüQDVW SXM FHNURNL

:\ELHU])LOH,PSRUW,PSRUWWR6WDJHLPSRUWXMQDVFHQ &WUO5

=D]QDF]ELWPDS NWyU FKFHV]]DLPSRUWRZDüLNOLNQLM2SHQ

.LHG\ELWPDSD]QDMG]LHVL MX QDVFHQLHPDP\NLONDPR OLZR FL

6YQT\GPKGY[RG PKGPKCDKVOCRQYGIQ

:\SHáQLHQLHELWPDSRZHMHVWSRGREQHGRJUDGLHQWRZHJR3RMHJR]D]QDF]HQLXPR HP\

Z\SHáQLDüQLPNV]WDáW\]DSRPRF QDU] G]LD3DLQW%XFNHW

3RQL HMSU]HGVWDZLRQRVSRVyEVWZRU]HQLDZ\SHáQLHQLDELWPDSRZHJRSR]DLPSRUWRZDQLX

ELWPDS\

=D]QDF]ELWPDS LZ\ELHU]0RGLI\%UHDN$SDUWUR]áy &WUO%

=D]QDF]UR]áR RQ ELWPDS QDU] G]LHP(\HGURSSHU]DNUDSODF]

:\ELHU]QDU] G]LH5HFWDQJOHLQDU\VXMSURVWRN WQDVFHQLH3URVWRN W]RVWDQLH

Z\SHáQLRQ\]DLPSRUWRZDQ ELWPDS

1DT[UQY[YCPKGDKVOCR

0RGLI\%LWPDS7UDFH%LWPDSREU\VXMELWPDS

background image

%\ú è+

u

<CE\[PCO[RTCEúYG(NCUJW

=DPLHQLOL P\FRSUDZGDELWPDS QDZ\SHáQLHQLHZFL MHGQDNQLHSRWUDILP\SRELHUDü

MHMIUDJPHQWyZSRQLHZD QDUD]LHMHVWRQDWUDNWRZDQDMDNRMHGQRZ\SHáQLHQLH$E\VL

]W\PXSRUDüZ\VWDUF]\REU\VRZDüELWPDS Z\ELHUDM F0RGLI\%LWPDS7UDFH%LWPDS

3RMDZLVL ZyZF]DVRNQRGLDORJRZHZLGRF]QHQDU\VXQNX]QDVW SXM F\PLRSFMDPL

4[UWPGM

2NQRGLDORJRZH

7UDFH%LWPDS

u

&RORU7KUHVKROGSUyJNRORUyZ²RSFMDWDSRUyZQXMHNRORU\V VLDGXM F\FK

SLNVHOL-H HOLUy QLFDPL G]\ZDUWR FLDPLNRORUyZMHVWPQLHMV]DQL ZDUWR üWHM

RSFMLSLNVHOH]RVWDQ SRá F]RQHZMHGHQNRORU2SFMDPR HPLHüZDUWR FL

RGGR

u

0LQLPXP$UHDPLQLPDOQHSROH²RSFMDWHVWHUXMHOLF]E SLNVHOLNWyUHPDM

E\üDQDOL]RZDQHZMHGQ\PNURNX=DNUHVZDUWR FLZ\QRVLRGGR

u

&XUYH)LWGRSDVRZDQLHNU]\Z\FK²RSFMDVWHUXM FDZ\JáDG]HQLHP

VWZRU]RQ\FKNUDZ G]LZHNWRUyZ

u

&RUQHU7KUHVKROGSUyJQDUR QLNyZ²RSFMDVWHUXM FDLOR FL QDUR QLNyZ

]DFKRZ\ZDQ\FKZSURFHVLHREU\VRZ\ZDQLD

8VWDZLDM FPQLHMV] ZDUWR üSURJRZ 0LQLPXP$UHDVWZRU]\P\REUD]RZL NV]HMUR]

G]LHOF]R FLDOH]ZL NV]\VL WDN HUR]PLDUSOLNX8VWDZLHQLHZLHOXQDUR QLNyZUyZQLH

SRPR HVWZRU]\üREUD]RZL NV]HMUR]G]LHOF]R FL3RUyZQDQLHELWPDS\REU\VRZDQHM

]QRUPDOQ ZLGDüQDU\VXQNX

4[UWPGM

%LWPDSDSU]HG

REU\VRZDQLHP

LSRQLP3RSUDZHM

VWURQLHZLGDè

VSHF\ILF]QñVW\OL]DFMö

<CUVúRQYCPKGDKVOCR

0RGLI\%LWPDS6ZDS%LWPDS]DVW SELWPDS

)XQNFMDWDXPR OLZLD]DVW SLHQLHELWPDS\QDVFHQLHGRZROQ LQQ ]ELEOLRWHNL3R]DLP

SRUWRZDQLXLQQHMELWPDS\LXVXQL FLXMHM]HVFHQ\]D]QDF]ELWPDS SR]RVWDM F QDVFHQLH

LZ\ELHU]SROHFHQLH0RGLI\%LWPDS6ZDS%LWPDSNWyUHXPR OLZLZ\EUDQLHLQQHMELWPDS\

]ELEOLRWHNLL]DVW SLHQLHQL ]D]QDF]RQHMELWPDS\SDWU]U\VXQHN

background image

4Q\F\KC

u

6YQT\GPKGITCHKMKYG(NCUJW

4[UWPGM

2NQRGLDORJRZH

6ZDS%LWPDS

5R]G]LDáWHQE\áGREU\PZSURZDG]HQLHPGRSUDF\]SDVNLHPQDU] G]LGRNUH OHQLD

NV]WDáWyZLRSHURZDQLDQLPLQDVFHQLH7DNMDNQLHPDO]HZV]\VWNLPLHOHPHQWDPL)ODVKD

LPZL FHME G]LHP\]QLPLSUDFRZDüW\PE G Z\JRGQLHMV]H

:QDVW SQ\PUR]G]LDOHQDXF]\P\VL DQLPRZDüU\VXQNLRUD]SR]QDP\NLONDQDMOHSV]\FK

VSRVREyZWZRU]HQLDDQLPDFML


Wyszukiwarka

Podobne podstrony:
Macromedia Flash 8 Professional Ksiega eksperta fla8ke
Macromedia Flash 8 Professional Ksiega eksperta 2
Macromedia Flash 8 Professional Ksiega eksperta
ebook David Vogeleer Macromedia Flash 8 Professional Księga eksperta (fla8ke) helion onepress free
Macromedia Flash 8 Professional Ksiega eksperta fla8ke
Macromedia Flash 8 Professional Ksiega eksperta 2
Macromedia Flash 8 Professional Ksiega eksperta fla8ke
Macromedia Flash 8 Professional Ksiŕga eksperta
Macromedia Flash 8 Professional Ksiŕga eksperta
Macromedia Flash 8 Professional Oficjalny podrecznik fla8po
Macromedia Flash 8 Professional Oficjalny podrecznik fla8po
Macromedia Flash 8 Professional Oficjalny podrecznik fla8po
Macromedia Flash 8 Professional Oficjalny podrecznik
Macromedia Flash 8 Professional Oficjalny podrecznik 2
Macromedia Flash 8 Professional Oficjalny podrecznik 2
Macromedia Flash 8 Professional Oficjalny podrecznik fla8po
Access 2002 Projektowanie baz danych Ksiega eksperta ac22ke
C 3 0 dla NET 3 5 Ksiega eksperta csh3ke
43, ciekawostki, Linux - Ksiega Eksperta, Linux - ksiega eksperta, Linux - księga eksperta

więcej podobnych podstron